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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   44,516,642 566,730 SH   DFND 3 566,730 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   7,244,200 56,270 SH   DFND 3 56,270 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   19,056,924 210,830 SH   DFND 3 210,830 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   10,057,144 303,200 SH   DFND 3 303,200 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704   16,512,774 162,880 SH   DFND 3 162,880 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886   15,147,367 257,040 SH   DFND 3 257,040 0 0