The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALCON AG ORD SHS H01301128   6,901,326 82,859 SH   DFND   82,859 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   298,919 4,131 SH   DFND   4,131 0 0
AMAZON COM INC COM 023135106   1,250,575 6,933 SH   DFND   6,933 0 0
ARM HOLDINGS PLC SPONSORED ADR 042068205   2,555,296 20,444 SH   DFND   20,444 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   1,853,911 27,364 SH   DFND   27,364 0 0
BAIDU INC SPON ADR REP A 056752108   1,062,486 10,092 SH   DFND   10,092 0 0
BANCO SANTANDER S.A. ADR 05964H105   844,977 174,582 SH   DFND   174,582 0 0
BHP GROUP LTD SPONSORED ADS 088606108   668,973 11,596 SH   DFND   11,596 0 0
BILIBILI INC SPONS ADS REP Z 090040106   428,355 38,246 SH   DFND   38,246 0 0
BIO RAD LABS INC CL A 090572207   1,203,282 3,479 SH   DFND   3,479 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106   356,256 2,400 SH   DFND   2,400 0 0
BORR DRILLING LTD SHS G1466R173   202,075 29,500 SH   DFND   29,500 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   255,407 8,374 SH   DFND   8,374 0 0
CNH INDL N V SHS N20944109   34,752,253 2,681,501 SH   DFND   2,681,501 0 0
COOL CO LTD COMMON SHARES G2415A113   275,342 24,761 SH   DFND   24,761 0 0
CRH PLC ORD G25508105   89,512,951 1,037,711 SH   DFND   1,037,711 0 0
CURTISS WRIGHT CORP COM 231561101   228,554 893 SH   DFND   893 0 0
DEUTSCHE BANK A G NAMEN AKT D18190898   170,095 10,786 SH   DFND   10,786 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   2,339,085 15,726 SH   DFND   15,726 0 0
ELI LILLY & CO COM 532457108   1,590,928 2,045 SH   DFND   2,045 0 0
EVOGENE LTD SHS M4119S104   9,859 13,321 SH   DFND   13,321 0 0
EXCHANGE TRADED CONCEPTS TRU EMQQ EM INTERN 301505889   4,371,596 139,623 SH   DFND   139,623 0 0
FERGUSON PLC NEW SHS G3421J106   390,334 1,787 SH   DFND   1,787 0 0
FLUTTER ENTMT PLC SHS G3643J108   4,979,118 25,212 SH   DFND   25,212 0 0
GINKGO BIOWORKS HOLDINGS INC CL A SHS 37611X100   23,487 20,247 SH   DFND   20,247 0 0
GLOBAL X FDS LITHIUM BTRY ETF 37954Y855   3,166,632 69,919 SH   DFND   69,919 0 0
GOLDEN OCEAN GROUP LTD SHS NEW G39637205   269,866 20,823 SH   DFND   20,823 0 0
GRAB HOLDINGS LIMITED CLASS A ORD G4124C109   167,864 53,460 SH   DFND   53,460 0 0
GSK PLC SPONSORED ADR 37733W204   2,460,224 57,388 SH   DFND   57,388 0 0
HDFC BANK LTD SPONSORED ADS 40415F101   33,996,514 607,406 SH   DFND   607,406 0 0
HERSHEY CO COM 427866108   200,530 1,031 SH   DFND   1,031 0 0
HYATT HOTELS CORP COM CL A 448579102   220,595 1,382 SH   DFND   1,382 0 0
ING GROEP N.V. SPONSORED ADR 456837103   1,540,958 93,448 SH   DFND   93,448 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   6,985,635 215,473 SH   DFND   215,473 0 0
ISHARES INC MSCI MEXICO ETF 464286822   4,057,338 58,539 SH   DFND   58,539 0 0
ISHARES INC MSCI HONG KG ETF 464286871   4,817,017 309,776 SH   DFND   309,776 0 0
ISHARES INC MSCI EMRG CHN 46434G764   25,321,128 439,832 SH   DFND   439,832 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772   1,107,859 22,758 SH   DFND   22,758 0 0
ISHARES INC MSCI MLY ETF NEW 46434G814   2,915,633 133,806 SH   DFND   133,806 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   1,736,482 72,143 SH   DFND   72,143 0 0
ISHARES TR IBOXX INV CP ETF 464287242   116,816,482 1,072,498 SH   DFND   1,072,498 0 0
ISHARES TR MSCI INDIA ETF 46429B598   2,063,600 40,000 SH   DFND   40,000 0 0
ISHARES TR MSCI INDIA SM CP 46429B614   2,284,689 32,513 SH   DFND   32,513 0 0
ISHARES TR MSCI SAUDI ARBIA 46434V423   1,723,256 39,023 SH   DFND   39,023 0 0
JD.COM INC SPON ADR CL A 47215P106   2,070,355 75,588 SH   DFND   75,588 0 0
KRANESHARES TRUST CSI CHI INTERNET 500767306   1,050,000 40,000 SH   DFND   40,000 0 0
LEIDOS HOLDINGS INC COM 525327102   365,348 2,787 SH   DFND   2,787 0 0
LI AUTO INC SPONSORED ADS 50202M102   1,892,227 62,491 SH   DFND   62,491 0 0
META PLATFORMS INC CL A 30303M102   1,699,044 3,499 SH   DFND   3,499 0 0
MORPHOSYS AG SPONSORED ADS 617760202   1,332,873 73,477 SH   DFND   73,477 0 0
NEWMONT CORP COM 651639106   2,042,880 57,000 SH   DFND   57,000 0 0
NOVO-NORDISK A S ADR 670100205   578,057 4,502 SH   DFND   4,502 0 0
NVIDIA CORPORATION COM 67066G104   1,103,247 1,221 SH   DFND   1,221 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108   314,432 13,665 SH   DFND   13,665 0 0
QIAGEN NV SHS NEW N72482149   2,339,387 54,417 SH   DFND   54,417 0 0
RENTOKIL INITIAL PLC SPONSORED ADR 760125104   885,506 29,370 SH   DFND   29,370 0 0
RYANAIR HOLDINGS PLC SPONSORED ADS 783513203   3,244,910 22,288 SH   DFND   22,288 0 0
SAP SE SPON ADR 803054204   949,406 4,868 SH   DFND   4,868 0 0
SEA LTD SPONSORD ADS 81141R100   961,516 17,902 SH   DFND   17,902 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   2,977,941 20,158 SH   DFND   20,158 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   1,653,499 21,654 SH   DFND   21,654 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407   664,211 3,612 SH   DFND   3,612 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   1,144,569 27,174 SH   DFND   27,174 0 0
SELECT SECTOR SPDR TR INDL 81369Y704   910,187 7,226 SH   DFND   7,226 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886   1,232,579 18,775 SH   DFND   18,775 0 0
SHELL PLC SPON ADS 780259305   4,297,666 64,106 SH   DFND   64,106 0 0
SPDR SER TR S&P BIOTECH 78464A870   976,418 10,290 SH   DFND   10,290 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   5,003,783 36,779 SH   DFND   36,779 0 0
TRIP COM GROUP LTD ADS 89677Q107   438,900 10,000 SH   DFND   10,000 0 0
UBS GROUP AG SHS H42097107   7,532,452 245,197 SH   DFND   245,197 0 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405   471,016 58,222 SH   DFND   58,222 0 0
V F CORP COM 918204108   788,491 51,401 SH   DFND   51,401 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308   399,655 44,905 SH   DFND   44,905 0 0
WESTROCK CO COM 96145D105   4,492,038 90,840 SH   DFND   90,840 0 0
WIPRO LTD SPON ADR 1 SH 97651M109   182,850 31,800 SH   DFND   31,800 0 0
WW INTL INC COM 98262P101   190,779 103,124 SH   DFND   103,124 0 0
XPENG INC ADS 98422D105   603,471 78,577 SH   DFND   78,577 0 0