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
ABBVIE INC COM 00287Y109   337,713 1,291 SH   DFND 2 1,291 0 0
ACCELERANT HOLDINGS CL A G00894108   61,732,546 3,128,867 SH   SOLE   3,128,867 0 0
ACRES COMMERCIAL REALTY CORP COM NEW 00489Q102   6,529,006 590,326 SH   SOLE   590,326 0 0
ADVANCED MICRO DEVICES INC COM 007903107   718,206 1,174 SH   DFND 2 1,174 0 0
AGCO CORP COM 001084102   3,131,730 27,416 SH   DFND 2 27,416 0 0
AGNICO EAGLE MINES LTD COM 008474108   6,796,364 37,113 SH   DFND 2 37,113 0 0
AGNICO EAGLE MINES LTD COM 008474108   14,894,756 81,336 SH   DFND 4 81,336 0 0
ALBEMARLE CORP COM 012653101   4,788,555 45,269 SH   DFND 2 45,269 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   543,185 5,051 SH   DFND 2 5,051 0 0
ALPHABET INC CAP STK CL C 02079K107   1,016,768 2,984 SH   DFND 2 2,984 0 0
ALPHABET INC CAP STK CL A 02079K305   4,289,989 12,468 SH   DFND 2 12,468 0 0
AMAZON COM INC COM 023135106   5,474,822 21,974 SH   DFND 2 21,974 0 0
AMBEV SA SPONSORED ADR 02319V103   1,815,726 621,824 SH   DFND 2 621,824 0 0
ANALOG DEVICES INC COM 032654105   210,256 530 SH   DFND 2 530 0 0
ANDERSONS INC COM 034164103   2,286,426 34,801 SH   DFND 2 34,801 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100   42,611,989 454,671 SH   DFND 2 454,671 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100   119,786 1,275 SH   SOLE   1,275 0 0
AON PLC SHS CL A G0403H108   1,164,925 4,209 SH   DFND 2 4,209 0 0
AON PLC SHS CL A G0403H108   10,199,251 36,851 SH   DFND 4 36,851 0 0
AON PLC SHS CL A G0403H108   8,026 29 SH   SOLE   29 0 0
APPLE INC COM 037833100   6,084,941 18,272 SH   DFND 2 18,272 0 0
APPLIED MATLS INC COM 038222105   370,751 725 SH   DFND 2 725 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   3,803,016 47,909 SH   DFND 2 47,909 0 0
ASTRAZENECA PLC ORD G0593M107   1,006,180 6,177 SH   DFND 2 6,177 0 0
ASTRAZENECA PLC ORD G0593M107   17,737,396 108,891 SH   DFND 4 108,891 0 0
ASTRAZENECA PLC ORD G0593M107   12,217 75 SH   SOLE   75 0 0
BANK OF AMER CORP COM 060505104   350,257 6,435 SH   DFND 2 6,435 0 0
BARINGS BDC INC COM 06759L103   117,574,050 13,639,681 SH   SOLE   13,639,681 0 0
BARINGS CORPORATE INVS COM 06759X107   3,881,463 219,664 SH   SOLE   219,664 0 0
BARINGS GLOBAL SHORT DURATIO COM 06760L100   219,005 16,756 SH   SOLE   16,756 0 0
BARINGS PARTN INVS SH BEN INT 06761A103   4,505,805 292,585 SH   SOLE   292,585 0 0
BARRICK MNG CORP COM SHS 06849F108   8,149,646 200,385 SH   DFND 2 200,385 0 0
BBB FOODS INC CL A COM G0896C103   1,498,977 28,476 SH   DFND 2 28,476 0 0
BEONE MEDICINES LTD SPONSORED ADS 07725L102   15,667,721 42,815 SH   DFND   42,815 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   521,354 1,047 SH   DFND 2 1,047 0 0
BIOLIFE SOLUTIONS INC COM NEW 09062W204   3,547,627 91,316 SH   SOLE   91,316 0 0
BLACKROCK ETF TRUST ISHARES US EQUIT 09290C103   804,593 11,617 SH   DFND 2 11,617 0 0
BLACKROCK ETF TRUST ISHARES US EQUIT 09290C103   40,852,595 589,844 SH   DFND 3 589,844 0 0
BLACKROCK ETF TRUST ISHARES US EQUIT 09290C103   11,492,381 165,931 SH   SOLE 3 165,931 0 0
BLACKROCK ETF TRUST ISHA I IN TE ETF 09290C780   1,105,048 23,417 SH   DFND 2 23,417 0 0
BLACKROCK ETF TRUST ISHA I IN TE ETF 09290C780   3,732,446 79,094 SH   DFND 3 79,094 0 0
BLACKROCK ETF TRUST ISHA I IN TE ETF 09290C780   2,684,545 56,888 SH   SOLE 3 56,888 0 0
BLACKROCK ETF TRUST ISHA I IN TE ETF 09290C780   66,491 1,409 SH   DFND   1,409 0 0
BLACKROCK ETF TRUST ISHA I IN TE ETF 09290C780   840,548 17,812 SH   DFND   17,812 0 0
BLACKROCK TCP CAPITAL CORP COM 09259E108   2,481,484 620,371 SH   SOLE   620,371 0 0
BOBS DISC FURNITURE INC COM SHS 09681N106   2,494,800 180,000 SH   SOLE   180,000 0 0
BROADCOM INC COM 11135F101   1,630,224 4,642 SH   DFND 2 4,642 0 0
BUNGE GLOBAL SA COM SHS H11356104   7,591,418 70,981 SH   DFND 2 70,981 0 0
CAMDEN PPTY TR SH BEN INT 133131102   5,479,700 57,104 SH   SOLE   57,104 0 0
CAMECO CORP COM 13321L108   4,103,789 47,333 SH   DFND 2 47,333 0 0
CATERPILLAR INC COM 149123101   331,613 409 SH   DFND 2 409 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889   2,670,180 280,776 SH   DFND 2 280,776 0 0
CF INDUSTRIES HOLD COM 125269100   4,434,854 38,497 SH   DFND 2 38,497 0 0
CHEVRON CORPORATION COM 166764100   20,225,571 99,043 SH   DFND 2 99,043 0 0
CISCO SYS INC COM 17275R102   317,401 2,949 SH   DFND 2 2,949 0 0
CITIGROUP INC COM NEW 172967424   237,466 1,834 SH   DFND 2 1,834 0 0
CNH INDL N V SHS N20944109   2,317,755 180,370 SH   DFND 2 180,370 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104   3,478,411 110,146 SH   DFND 2 110,146 0 0
CONOCOPHILLIPS COM 20825C104   10,828,729 86,526 SH   DFND 2 86,526 0 0
CONTANGO SILVER & GOLD INC COM 21077F100   7,990,468 476,190 SH   SOLE   476,190 0 0
CORTEVA INC COM 22052L104   5,211,946 67,121 SH   DFND 2 67,121 0 0
CREDICORP LTD COM G2519Y108   6,680,014 17,585 SH   DFND 2 17,585 0 0
CRH PLC ORD G25508105   7,572,474 91,455 SH   DFND 2 91,455 0 0
CRH PLC ORD G25508105   9,267,142 111,922 SH   DFND 4 111,922 0 0
CRH PLC ORD G25508105   6,955 84 SH   SOLE   84 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105   227,685 860 SH   DFND 2 860 0 0
CURIOSITYSTREAM INC COM CL A 23130Q107   81,276 27,930 SH   SOLE   27,930 0 0
DARLING INGREDIENTS INC COM 237266101   11,052,256 182,050 SH   DFND 2 182,050 0 0
DEERE & CO COM 244199105   6,959,944 10,364 SH   DFND 2 10,364 0 0
DEUTSCHE BK AG NAMEN AKT D18190898   7,272,132 201,368 SH   DFND 2 201,368 0 0
DEVON ENERGY CORP NEW COM 25179M103   9,569,368 207,849 SH   DFND 2 207,849 0 0
DIAMONDBACK ENERGY INC COM 25278X109   4,174,693 22,712 SH   DFND 2 22,712 0 0
DOW HLDGS INC COM 260557103   3,349,194 121,612 SH   DFND 2 121,612 0 0
ELI LILLY & CO COM 532457108   1,542,388 1,333 SH   DFND 2 1,333 0 0
EOG RES INC COM 26875P101   7,643,751 55,486 SH   DFND 2 55,486 0 0
EOS ENERGY ENTERPRISES INC COM CL A 29415C101   3,697,600 1,204,430 SH   SOLE   1,204,430 0 0
EPAM SYS INC COM 29414B104   2,870,023 26,486 SH   DFND 2 26,486 0 0
ESSEX PPTY TR INC COM 297178105   811,054 3,019 SH   SOLE   3,019 0 0
EXXONMOBIL HOLDINGS CORP COM SHS 30233Q108   16,655,347 102,337 SH   DFND 2 102,337 0 0
FABRINET SHS G3323L100   5,599,940 13,199 SH   DFND 2 13,199 0 0
FERRARI N V COM N3167Y103   1,331,444 3,392 SH   DFND 2 3,392 0 0
FIRST TR EXCH TRADED FD III PFD SECS INC ETF 33739E108   1,051,815 61,690 SH   DFND 2 61,690 0 0
FIRST TR EXCH TRADED FD III PFD SECS INC ETF 33739E108   1,763,413 103,426 SH   DFND 3 103,426 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106   4,931,266 41,593 SH   DFND 2 41,593 0 0
FREEPORT MCMORAN INC CL B 35671D857   5,115,180 73,074 SH   DFND 2 73,074 0 0
GE AEROSPACE COM NEW 369604301   1,320,987 4,230 SH   DFND 2 4,230 0 0
GLOBAL X FDS X EMERGING MKT 37954Y350   15,149,388 666,200 SH   DFND 1 666,200 0 0
GLOBAL X FDS US INFR DEV ETF 37954Y673   669,060 12,744 SH   DFND 2 12,744 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   207,983 231 SH   DFND 2 231 0 0
GRAB HOLDINGS LIMITED CLASS A ORD G4124C109   2,614,857 840,790 SH   DFND 2 840,790 0 0
GRUPO CIBEST SA SPON ADS 40090E106   6,874,057 74,034 SH   DFND 2 74,034 0 0
H WORLD GROUP LTD SPONSORED ADS 44332N106   7,084,770 165,532 SH   DFND   165,532 0 0
HALLADOR ENERGY COMPANY COM 40609P105   960,345 69,239 SH   SOLE   69,239 0 0
HDFC BANK LTD SPONSORED ADS 40415F101   411,480 18,419 SH   DFND 2 18,419 0 0
HDFC BANK LTD SPONSORED ADS 40415F101   11,474,785 513,643 SH   DFND 4 513,643 0 0
HERBALIFE LTD NOTE 4.250% 6/1 42703MAF0   73,882,702 67,857,000 PRN   SOLE   67,857,000 0 0
HOME DEPOT INC COM 437076102   316,637 1,113 SH   DFND 2 1,113 0 0
INGREDION INC COM 457187102   1,026,029 10,709 SH   DFND 2 10,709 0 0
INTEL CORP COM 458140100   392,190 3,262 SH   DFND 2 3,262 0 0
INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF 46138G649   10,498,504 34,462 SH   DFND 2 34,462 0 0
INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF 46138G649   1,380,324 4,531 SH   DFND   4,531 0 0
INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF 46138G649   4,786,199 15,711 SH   DFND   15,711 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   667,398,651 904,420 SH   DFND 1 904,420 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   500,317 678 SH   DFND 3 678 0 0
ISHARES INC MSCI WORLD ETF 464286392   32,641,878 158,279 SH   DFND 2 158,279 0 0
ISHARES INC MSCI WORLD ETF 464286392   3,117,166 15,115 SH   DFND   15,115 0 0
ISHARES INC MSCI WORLD ETF 464286392   8,987,297 43,579 SH   DFND   43,579 0 0
ISHARES INC JP MORGAN EM ETF 464286517   2,048,196 48,478 SH   DFND 3 48,478 0 0
ISHARES INC MSCI EURZONE ETF 464286608   3,085,330 45,824 SH   DFND 2 45,824 0 0
ISHARES INC MSCI HONG KG ETF 464286871   2,363,095 106,879 SH   DFND   106,879 0 0
ISHARES INC CORE MSCI EMKT 46434G103   245,670 3,000 SH   DFND 1 3,000 0 0
ISHARES INC MSCI EMRG CHN 46434G764   815,627 8,232 SH   DFND 2 8,232 0 0
ISHARES INC MSCI EMRG CHN 46434G764   14,698,023 148,345 SH   DFND 3 148,345 0 0
ISHARES INC MSCI EMRG CHN 46434G764   2,352,159 23,740 SH   SOLE 3 23,740 0 0
ISHARES INC MSCI JAPAN ETF 46434G822   903,454 9,270 SH   SOLE 3 9,270 0 0
ISHARES INC MSCI JAPAN ETF 46434G822   10,263,415 105,309 SH   DFND 3 105,309 0 0
ISHARES TR CORE S&P500 ETF 464287200   1,306,380,442 1,702,080 SH   DFND 1 1,702,080 0 0
ISHARES TR CORE S&P500 ETF 464287200   10,452,087 13,618 SH   DFND 2 13,618 0 0
ISHARES TR CORE S&P500 ETF 464287200   47,083,514 61,345 SH   DFND 3 61,345 0 0
ISHARES TR CORE S&P500 ETF 464287200   7,286,067 9,493 SH   SOLE 3 9,493 0 0
ISHARES TR CORE S&P500 ETF 464287200   2,636,431 3,435 SH   DFND   3,435 0 0
ISHARES TR CORE S&P500 ETF 464287200   6,061,105 7,897 SH   DFND   7,897 0 0
ISHARES TR MSCI EMG MKT ETF 464287234   2,413,657 36,138 SH   DFND 3 36,138 0 0
ISHARES TR IBOXX INV CP ETF 464287242   3,849,529 37,674 SH   DFND 2 37,674 0 0
ISHARES TR IBOXX INV CP ETF 464287242   272,374,686 2,665,636 SH   SOLE   2,665,636 0 0
ISHARES TR IBOXX INV CP ETF 464287242   1,726,944 16,901 SH   DFND   16,901 0 0
ISHARES TR 7-10 YR TRSY BD 464287440   2,097,177 23,482 SH   DFND 2 23,482 0 0
ISHARES TR 7-10 YR TRSY BD 464287440   30,173,205 337,848 SH   DFND 3 337,848 0 0
ISHARES TR 7-10 YR TRSY BD 464287440   4,529,357 50,715 SH   SOLE 3 50,715 0 0
ISHARES TR RUS 2000 GRW ETF 464287648   629,472,778 1,761,650 SH   DFND 1 1,761,650 0 0
ISHARES TR MSCI ACWI ETF 464288257   3,053,147 19,230 SH   DFND   19,230 0 0
ISHARES TR GLB INFRASTR ETF 464288372   796,525 12,939 SH   DFND 2 12,939 0 0
ISHARES TR ISHS 1-5YR INVS 464288646   350,414,583 6,840,027 SH   SOLE   6,840,027 0 0
ISHARES TR FLTG RATE NT ETF 46429B655   39,819,000 780,000 SH   SOLE   780,000 0 0
ISHARES TR 0-5YR INVT GR CP 46434V100   514,444 10,397 SH   DFND   10,397 0 0
ISHARES TR CORE MSCI EURO 46434V738   883,073 11,982 SH   DFND   11,982 0 0
ISHARES TR ULTRA SHORT DUR 46434V878   3,961,440 78,600 SH   SOLE   78,600 0 0
ISHARES TR BROAD USD HIGH 46435U853   4,293,544 120,200 SH   SOLE   120,200 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106   16,076,056 1,884,649 SH   DFND 2 1,884,649 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845   302,820,000 6,000,000 SH   SOLE   6,000,000 0 0
JBS N.V. CL A SHS N4732M103   2,710,277 240,060 SH   DFND 2 240,060 0 0
JOHNSON & JOHNSON COM 478160104   437,086 1,651 SH   DFND 2 1,651 0 0
JPMORGAN CHASE & CO COM 46625H100   1,732,226 5,236 SH   DFND 2 5,236 0 0
KASPI KZ JSC SPONSORED ADS 48581R205   10,676,657 113,509 SH   DFND 2 113,509 0 0
KLA CORP COM NEW 482480100   897,653 4,605 SH   DFND 2 4,605 0 0
LAM RESEARCH CORP COM NEW 512807306   376,472 1,146 SH   DFND 2 1,146 0 0
LINDE PLC SHS G54950103   4,596,511 9,684 SH   DFND 2 9,684 0 0
MARVELL TECHNOLOGY INC COM 573874104   233,297 883 SH   DFND 2 883 0 0
MASTERCARD INCORPORATED CL A 57636Q104   334,191 606 SH   DFND 2 606 0 0
MERCK & CO INC COM 58933Y105   278,123 1,914 SH   DFND 2 1,914 0 0
META PLATFORMS INC CL A 30303M102   3,459,109 4,770 SH   DFND 2 4,770 0 0
MICRON TECHNOLOGY INC COM 595112103   936,232 879 SH   DFND 2 879 0 0
MICROSOFT CORP COM 594918104   6,646,158 12,958 SH   DFND 2 12,958 0 0
MID-AMER APT CMNTYS INC COM 59522J103   1,649,744 14,312 SH   SOLE   14,312 0 0
MOSAIC CO COM 61945C103   4,010,879 185,260 SH   DFND 2 185,260 0 0
NCL CORP LTD NOTE 0.875% 4/1 62886HBT7   43,767,337 48,133,000 PRN   SOLE   48,133,000 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108   0 90,661 SH   DFND 2 90,661 0 0
NEWMONT CORP COM 651639106   11,723,850 101,646 SH   DFND 2 101,646 0 0
NU HLDGS LTD ORD SHS CL A G6683N103   12,139,915 958,919 SH   DFND 2 958,919 0 0
NUTRIEN LTD COM 67077M108   15,796,111 224,856 SH   DFND 2 224,856 0 0
NVIDIA CORPORATION COM 67066G104   8,524,512 37,326 SH   DFND 2 37,326 0 0
OMNICELL COM NOTE 1.000%12/0 68213NAF6   15,624,855 15,735,000 PRN   SOLE   15,735,000 0 0
PACER FDS TR BARINGS CLO MRKT 69384J604   100,053,500 3,950,000 SH   SOLE   3,950,000 0 0
PACER FDS TR BARINGS SECURED 69384J703   98,575,100 3,970,000 SH   SOLE   3,970,000 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108   1,158,401 6,193 SH   DFND 2 6,193 0 0
PALO ALTO NETWORKS INC COM 697435105   274,144 690 SH   DFND 2 690 0 0
PARSONS CORP DEL NOTE 2.625% 3/0 70202LAD4   56,465,791 60,166,000 PRN   SOLE   60,166,000 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   7,789,869 99,947 SH   DFND 2 99,947 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   80,122 1,028 SH   SOLE   1,028 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   34,631,860 444,340 SH   DFND   444,340 0 0
PETROLEO BRASILEIRO S A SP ADR NON VTG 71654V101   9,094,501 478,910 SH   DFND 2 478,910 0 0
PHILLIPS 66 COM 718546104   7,217,869 28,271 SH   DFND 2 28,271 0 0
QIAGEN NV ORD SHARES N72482156   22,821,738 517,206 SH   DFND 2 517,206 0 0
RTX CORPORATION COM 75513E101   204,029 1,099 SH   DFND 2 1,099 0 0
SEA LTD SPONSORD ADS 81141R100   22,822,742 234,416 SH   DFND 2 234,416 0 0
SEA LTD SPONSORD ADS 81141R100   982,265 10,089 SH   DFND   10,089 0 0
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS G7997R103   241,653 262 SH   DFND 2 262 0 0
SELECT SECTOR SPDR TR ST STR TECHN ETF 81369Y803   2,431,998 12,424 SH   DFND 3 12,424 0 0
SERVICENOW INC COM 81762P102   207,581 1,549 SH   DFND 2 1,549 0 0
SLB LIMITED COM STK 806857108   4,958,770 101,781 SH   DFND 2 101,781 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105   3,972,704 61,241 SH   DFND 2 61,241 0 0
SOUTHERN COPPER CORP COM 84265V105   3,469,399 17,121 SH   DFND 2 17,121 0 0
SPDR GOLD TR GOLD SHS 78463V107   1,383,592 3,633 SH   DFND 2 3,633 0 0
SPDR GOLD TR GOLD SHS 78463V107   630,410 1,640 SH   DFND   1,640 0 0
SPDR SERIES TRUST SST SPDR BLOOMBE 78464A151   329,576 11,030 SH   DFND 2 11,030 0 0
SPDR SERIES TRUST SST SPDR BLOOMBE 78464A151   3,982,197 133,273 SH   DFND 3 133,273 0 0
SPDR SERIES TRUST SST SPDR BLOOMBE 78464A151   2,004,321 67,079 SH   SOLE 3 67,079 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103   202,860 266 SH   DFND 2 266 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103   36,415,583 47,750 SH   DFND 3 47,750 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103   2,914,772 3,822 SH   SOLE 3 3,822 0 0
SUNCOR ENERGY INC NEW COM 867224107   7,700,676 113,560 SH   DFND 2 113,560 0 0
SUNCOR ENERGY INC NEW COM 867224107   15,271,833 225,210 SH   DFND 4 225,210 0 0
TECK RESOURCES LTD CL B 878742204   3,568,844 54,246 SH   DFND 2 54,246 0 0
TESLA INC COM 88160R101   831,675 2,344 SH   DFND 2 2,344 0 0
TEXAS INSTRS INC COM 882508104   208,667 745 SH   DFND 2 745 0 0
TJX COS INC NEW COM 872540109   236,570 1,788 SH   DFND 2 1,788 0 0
TOTALENERGIES SE ACT F92124100   13,488,190 157,242 SH   DFND 2 157,242 0 0
TOTALENERGIES SE ACT F92124100   14,197,760 165,514 SH   DFND 4 165,514 0 0
TOTALENERGIES SE ACT F92124100   8,921 104 SH   SOLE   104 0 0
TRACTOR SUPPLY CO COM 892356106   1,006,599 32,170 SH   DFND 2 32,170 0 0
TYSON FOODS INC CL A 902494103   2,881,776 57,031 SH   DFND 2 57,031 0 0
UNITED RENTALS INC COM 911363109   615,480 615 SH   DFND 2 615 0 0
UNITEDHEALTH GROUP INC COM 91324P102   238,235 649 SH   DFND 2 649 0 0
UNITI GROUP LLC NOTE 7.500%12/0 91325VAB4   25,782,965 23,333,000 PRN   SOLE   23,333,000 0 0
VALE S A SPONSORED ADS 91912E105   6,944,529 517,862 SH   DFND 2 517,862 0 0
VALERO ENERGY CORP COM 91913Y100   6,509,910 16,795 SH   DFND 2 16,795 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   270,863 3,085 SH   DFND 2 3,085 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   4,677,896 53,279 SH   DFND 3 53,279 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   259,361 2,954 SH   SOLE 3 2,954 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   20,636,823 29,445 SH   DFND 2 29,445 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   4,102,834 5,854 SH   DFND   5,854 0 0
VANGUARD INDEX FDS MRNGSTR VAL ETF 922908744   407,743 1,887 SH   DFND 2 1,887 0 0
VANGUARD INDEX FDS MRNGSTR VAL ETF 922908744   5,974,396 27,649 SH   DFND 3 27,649 0 0
VANGUARD INDEX FDS MRNGSTR VAL ETF 922908744   444,909 2,059 SH   SOLE 3 2,059 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742   3,301,117 20,913 SH   DFND 2 20,913 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742   75,554,271 478,646 SH   DFND 3 478,646 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742   15,992,257 101,313 SH   SOLE 3 101,313 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858   89,430 1,500 SH   DFND 1 1,500 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   394,633,711 5,108,527 SH   SOLE   5,108,527 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813   166,387 2,429 SH   DFND 2 2,429 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813   1,226,219 17,901 SH   DFND 3 17,901 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858   1,163,865 16,483 SH   DFND 3 16,483 0 0
VANGUARD WORLD FD INF TECH ETF 92204A702   1,454,379 11,573 SH   DFND 2 11,573 0 0
VANGUARD WORLD FD INF TECH ETF 92204A702   23,934,354 190,454 SH   DFND 3 190,454 0 0
VANGUARD WORLD FD INF TECH ETF 92204A702   5,250,995 41,784 SH   SOLE 3 41,784 0 0
VISA INC COM CL A 92826C839   2,682,039 7,464 SH   DFND 2 7,464 0 0
VIVMARK RESIDENTIAL SH BEN INT 29476L107   4,191,400 70,102 SH   SOLE   70,102 0 0
WALMART INC COM 931142103   2,705,973 26,039 SH   DFND 2 26,039 0 0
WEYERHAEUSER CO COM NEW 962166104   2,740,609 143,864 SH   DFND 2 143,864 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   6,288,738 47,089 SH   DFND 2 47,089 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   14,931,163 111,802 SH   DFND 4 111,802 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   16,160 121 SH   SOLE   121 0 0
WILLIAMS COS INC COM 969457100   8,853,500 130,256 SH   DFND 2 130,256 0 0
XP INC CL A G98239109   4,879,707 232,367 SH   DFND 2 232,367 0 0
ZIFF DAVIS INC DEBT 3.625% 3/0 48123VAH5   10,111,000 10,000,000 PRN   SOLE   10,000,000 0 0