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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   1,224,419 15,180 SH   DFND 3 15,180 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   28,927,837 223,450 SH   DFND 3 223,450 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   4,071,095 49,150 SH   DFND 3 49,150 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   7,488,378 232,920 SH   DFND 3 232,920 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886   19,887,322 293,800 SH   DFND 3 293,800 0 0