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
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100   17,492,759 225,190 SH   DFND 3 225,190 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407   688,423 5,330 SH   DFND 3 5,330 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   8,170,573 93,410 SH   DFND 3 93,410 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   20,486,484 599,020 SH   DFND 3 599,020 0 0