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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   2,030,762 26,200 SH   DFND 1,2 26,200 0 0
APTIV PLC SHS G6095L109   5,535,545 61,698 SH   DFND 1,2 61,698 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104   1,158,146 5,148 SH   DFND 1,2 5,148 0 0
BORGWARNER INC COM 099724106   4,514,089 125,916 SH   DFND 1,2 125,916 0 0
GENERAL MTRS CO COM 37045V100   6,116,062 170,269 SH   DFND 1,2 170,269 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109   1,377,425 4,520 SH   DFND 1,2 4,520 0 0
ISHARES GOLD TR ISHARES NEW 464285204   60,871,344 1,559,604 SH   DFND 1,2 1,559,604 0 0
ISHARES INC MSCI BRAZIL ETF 464286400   2,433,146 69,598 SH   DFND 1,2 69,598 0 0
KT CORP SPONSORED ADR 48268K101   4,772,100 355,067 SH   DFND 1,2 355,067 0 0
LEAR CORP COM NEW 521865204   3,731,898 26,428 SH   DFND 1,2 26,428 0 0
TESLA INC COM 88160R101   2,675,136 10,766 SH   DFND 1,2 10,766 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106   1,833,404 59,123 SH   DFND 1,2 59,123 0 0
VANECK ETF TRUST JUNIOR GOLD MINE 92189F791   1,540,170 40,627 SH   DFND 1,2 40,627 0 0