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

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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
Invesco Nasdaq 100 ETF USD Class COM 46138G649   65,598 326,600 SH   SOLE   326,600 0 0
VanEck Semiconductor ETF USD Class COM 92189F676   76,629 312,200 SH   SOLE   312,200 0 0
SPDR S&P 500 ETF Trust USD Class COM 78462F103   309,027 538,600 SH   SOLE   538,600 0 0
Communication Services Select Sector SPDR Fund USD Class COM 81369Y852   66,299 733,400 SH   SOLE   733,400 0 0
Utilities Select Sector SPDR Fund USD Class COM 81369Y886   65,674 813,000 SH   SOLE   813,000 0 0