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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES INC CORE MSCI EMKT 46434G103 10,271 166,300 SH   DFND 1 166,300 0 0
ISHARES TR CORE S&P MCP ETF 464287507 7,313 27,800 SH   DFND 1 27,800 0 0
ISHARES TR CORE S&P500 ETF 464287200 9,650 22,400 SH   DFND 1 22,400 0 0
ISHARES TR CORE US AGGBD ET 464287226 20,256 176,400 SH   DFND 1 176,400 0 0
ISHARES TR IBOXX HI YD ETF 464288513 9,318 106,500 SH   DFND 1 106,500 0 0
ISHARES TR MSCI EAFE ETF 464287465 11,499 147,400 SH   DFND 1 147,400 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 15,728 71,900 SH   DFND 1 71,900 0 0
J P MORGAN EXCHANGE-TRADED F ULTRA SHRT INC 46641Q837 25,018 493,250 SH   DFND 1 493,250 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 25,024 245,500 SH   DFND 1 245,500 0 0