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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SPDR Dow Jones Industrial Average ETF Trust COM 78467X109 9,389 30,500 SH   SOLE   30,500 0 0
iShares Core S&P Small-Cap ETF COM 464287804 15,913 172,200 SH   SOLE   172,200 0 0
iShares U.S. Home Construction ETF COM 464288752 6,153 117,200 SH   SOLE   117,200 0 0
KraneShares CSI China Internet ETF COM 500767306 6,047 184,600 SH   SOLE   184,600 0 0
Invesco QQQ Trust Series 1 COM 46090E103 15,247 54,400 SH   SOLE   54,400 0 0
SPDR S&P 500 ETF Trust COM 78462F103 56,625 150,100 SH   SOLE   150,100 0 0
SPDR S&P Biotech ETF COM 78464A870 11,059 148,900 SH   SOLE   148,900 0 0
Consumer Staples Select Sector SPDR Fund COM 81369Y308 21,019 291,200 SH   SOLE   291,200 0 0