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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
GATOS SILVER INC COM 368036109 64,411 6,205,259 SH   SOLE   6,205,259 0 0
INVESCO SP SMALLCAP 600 QVM COM 46138G565 52,465 2,019,688 SH   SOLE   2,019,688 0 0
INVESCO SP MIDCAP 400 QVM M COM 46138G573 212,537 8,068,531 SH   SOLE   8,068,531 0 0
INVESCO SP 500 QVM MULTIFA COM 46138G581 842,565 30,059,406 SH   SOLE   30,059,406 0 0
ISHARES JP MORGAN EM LOCAL C COM 464286517 48,326 1,232,189 SH   SOLE   1,232,189 0 0
ISHARES CORE SP 500 ETF COM 464287200 1,156,664 2,424,923 SH   SOLE   2,424,923 0 0
ISHARES CORE SP 500 ETF COM 464287200 300,396 629,774 SH   SOLE   629,774 0 0
ISHARES 20 YEAR TREASURY BO COM 464287432 231,357 1,561,218 SH   SOLE   1,561,218 0 0
ISHARES CORE SP MIDCAP ETF COM 464287507 57,026 201,450 SH   SOLE   201,450 0 0
ISHARES CORE SP MIDCAP ETF COM 464287507 196,093 692,712 SH   SOLE   692,712 0 0
ISHARES CORE SP SMALLCAP E COM 464287804 29,525 257,838 SH   SOLE   257,838 0 0
ISHARES JP MORGAN USD EMERGI COM 464288281 303,492 2,782,798 SH   SOLE   2,782,798 0 0
ISHARES MBS ETF COM 464288588 5,522 51,397 SH   SOLE   51,397 0 0
ISHARES MBS ETF COM 464288588 3,184 29,636 SH   SOLE   29,636 0 0
ISHARES MBS ETF COM 464288588 52,657 490,154 SH   SOLE   490,154 0 0
ISHARES MBS ETF COM 464288588 11,048 102,837 SH   SOLE   102,837 0 0
ISHARES 05 YEAR TIPS BOND E COM 46429B747 5,381 50,824 SH   SOLE   50,824 0 0
ISHARES 05 YEAR TIPS BOND E COM 46429B747 7,994 75,500 SH   SOLE   75,500 0 0
ISHARES 05 YEAR TIPS BOND E COM 46429B747 22,082 208,553 SH   SOLE   208,553 0 0
ISHARES CORE MSCI EMERGING COM 46434G103 387,718 6,477,086 SH   SOLE   6,477,086 0 0
ISHARES MSCI GLOBAL METALS COM 46434G848 71,831 1,685,384 SH   SOLE   1,685,384 0 0
ISHARES MSCI GLOBAL GOLD MIN COM 46434G855 27,396 1,015,798 SH   SOLE   1,015,798 0 0
ISHARES MSCI GLOBAL GOLD MIN COM 46434G855 40,653 1,507,323 SH   SOLE   1,507,323 0 0
ISHARES BB RATED CORP BOND COM 46435U473 2,501 48,236 SH   SOLE   48,236 0 0
ISHARES BB RATED CORP BOND COM 46435U473 10,030 193,432 SH   SOLE   193,432 0 0
JPMORGAN BETABUILDERS JAPAN COM 46641Q217 225,582 4,095,539 SH   SOLE   4,095,539 0 0
SPDR PORT INT CORP BOND ETF COM 78464A375 6,278 173,679 SH   SOLE   173,679 0 0
SPDR BLOOMBERG EM BOND COM 78464A391 125,159 5,121,081 SH   SOLE   5,121,081 0 0
SPDR PORT SHRT TRM CORP BND COM 78464A474 6,351 205,085 SH   SOLE   205,085 0 0
SPDR PORT LNG TRM TRSRY COM 78464A664 4,725 112,110 SH   SOLE   112,110 0 0
SPDR PORT INT TREASURY TERM COM 78464A672 670,639 20,924,766 SH   SOLE   20,924,766 0 0
SPDR PORT SHRT TRM TRSRY COM 78468R101 9,197 302,242 SH   SOLE   302,242 0 0
SPDR PORT SHRT TRM TRSRY COM 78468R101 6,368 209,271 SH   SOLE   209,271 0 0
SPDR PORT SHRT TRM TRSRY COM 78468R101 718,305 23,605,144 SH   SOLE   23,605,144 0 0
SPDR PORT SHRT TRM TRSRY COM 78468R101 9,885 324,834 SH   SOLE   324,834 0 0
SPDR BLOOMBERG EM LOCAL BOND COM 78468R515 177,217 5,944,880 SH   SOLE   5,944,880 0 0
SPDR BLOOMBERG EM LOCAL BOND COM 78468R515 2,038 68,383 SH   SOLE   68,383 0 0
ENERGY SELECT SECTOR SPDR COM 81369Y506 23,043 415,186 SH   SOLE   415,186 0 0
VANGUARD FTSE EUROPE ETF COM 922042874 309 4,530 SH   SOLE   4,530 0 0
VANGUARD SHORTTERM TREASURY COM 92206C102 108,908 1,790,364 SH   SOLE   1,790,364 0 0