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
ISHARES TR CORE S&P MCP ETF CORE MIDCAP ETF 464287507 5,371 20,635 SH   DFND 1 20,635 0 0
ISHARES TR RUSSELL 2000 ETF RUSSELL 464287655 5,913 26,762 SH   DFND 1 26,762 0 0
PROSHARES TR PSHS ULT MCAP400 MCAP400 74347R404 2,807 46,458 SH   DFND 1 46,458 0 0
PROSHARES TR PSHS ULTRUSS2000 RUSS2000 74347R842 3,139 28,077 SH   DFND 1 28,077 0 0
PROSHARES TR MSCI EMRG ETF MSCI EMRG ETF 74347X302 255 2,524 SH   DFND 1 2,524 0 0
PROSHARES TR ULTR MSCI ETF COM 74347X500 646 13,833 SH   DFND 1 13,833 0 0
ISHARES INC MSCI PAC JP ETF COM 464286665 787 15,664 SH   DFND 1 15,664 0 0
ISHARES INC MSCI AUST ETF MSCI AUST ETF 464286103 638 25,724 SH   DFND 1 25,724 0 0
ISHARES INC MSCI CDA ETF COM 464286509 789 23,162 SH   DFND 1 23,162 0 0
ISHARES INC MSCI GERMANY ETF COM 464286806 649 19,393 SH   DFND 1 19,393 0 0
ISHARES INC MSCI JPN ETF NEW COM 46434G822 420 6,135 SH   DFND 1 6,135 0 0
ISHARES INC MSCI SWITZERLAND COM 464286749 209 4,736 SH   DFND 1 4,736 0 0
ISHARES TR 3 7 YR TREAS BD TREAS ETF 464288661 712 5,481 SH   DFND 1 5,481 0 0
ISHARES TR CORE S&P500 ETF CORE S&P500 ETF 464287200 555 1,394 SH   DFND 1 1,394 0 0
PACER FDS TR TRENDP US LAR CP ETF 69374H105 4,215 121,330 SH   DFND 1 121,330 0 0
ISHARES TR SHORT TREAS BD TREAS ETF 464288679 1,951 17,653 SH   DFND 1 17,653 0 0
ISHARES TR 1 3 YR TREAS BD TREAS ETF 464287457 517 5,989 SH   DFND 1 5,989 0 0
SELECT SECTOR SPDR TR SBI MATERIALS COM 81369Y100 480 6,091 SH   DFND 1 6,091 0 0
SELECT SECTOR SPDR TR ENERGY SPDR TR ENERGY 81369Y506 475 9,689 SH   DFND 1 9,689 0 0
SELECT SECTOR SPDR TR SBI INT-FINL COM 81369Y605 477 14,013 SH   DFND 1 14,013 0 0
SELECT SECTOR SPDR TR SBI INT-INDS COM 81369Y704 484 4,918 SH   DFND 1 4,918 0 0
SELECT SECTOR SPDR TR TECHNOLOGY COM 81369Y803 477 3,588 SH   DFND 1 3,588 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS COM 81369Y308 475 6,953 SH   DFND 1 6,953 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS COM 81369Y886 473 7,391 SH   DFND 1 7,391 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE COM 81369Y209 477 4,087 SH   DFND 1 4,087 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR COM 81369Y407 478 2,846 SH   DFND 1 2,846 0 0
CROWDSTRIKE HLDGS INC CL A COM 22788C105 505 2,766 SH   DFND 1 2,766 0 0
SPDR GOLD TRUST GOLD SHARES COM 78463V107 506 3,161 SH   SOLE   3,161 0 0
ISHARES TR US BAS MTL ETF BAS MTL ETF 464287838 562 4,475 SH   SOLE   4,475 0 0
VANGUARD INDEX FDS REIT ETF REIT ETF 922908553 519 5,647 SH   SOLE   5,647 0 0
ISHARES TR CORE US AGGBD ET CORE US AGGBD ET 464287226 3,347 29,403 SH   SOLE   29,403 0 0
SPDR SERIES TRUST SPDR BLOOMBERG COM 78468R663 1,182 12,921 SH   SOLE   12,921 0 0
DBX ETF TR XTRACK MSCI EAFE MSCI ETF EAFE 233051200 1,031 28,391 SH   SOLE   28,391 0 0
ISHARES TR MSCI EAFE ETF MSCI EAFE ETF 464287465 1,100 14,501 SH   SOLE   14,501 0 0
ISHARES TR IBOXX HI YD ETF IBOXX ETF 464288513 269 3,081 SH   SOLE   3,081 0 0
ISHARES TR CORE S&P TTL STK CORE S&P TTL STK 464287150 2,924 31,924 SH   SOLE   31,924 0 0
ISHARES TR MBS ETF MBS ETF 464288588 1,587 14,633 SH   SOLE   14,633 0 0
ISHARES TR TIPS BD ETF TIPS BD ETF 464287176 268 2,137 SH   SOLE   2,137 0 0
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF COM 922042858 366 7,030 SH   SOLE   7,030 0 0
SPDR SERIES TRUST BRCLYS AGG ETF COM 78464A649 2,332 78,649 SH   SOLE   78,649 0 0
SPDR RUSSELL 1000 COM 78464A854 1,989 42,680 SH   SOLE   42,680 0 0
SPDR DEVELOPED WORLD ETF COM 78463X889 962 27,209 SH   SOLE   27,209 0 0
SPDR S&P EMERGING MARKETS ETF COM 78463X509 441 10,084 SH   SOLE   10,084 0 0
SPDR S&P 400 MID CAP ETF MID CAP ETF 78464A847 205 4,490 SH   SOLE   4,490 0 0
SPDR SERIES TRUST PORTFOLIO S&P600 COM 78468R853 235 5,552 SH   SOLE   5,552 0 0
VANECK VECTORS ETF TRUST FALLEN ANGEL HG COM 92189F437 256 8,010 SH   SOLE   8,010 0 0
ISHARES CMBS ETF CMBS ETF 46429B366 251 4,660 SH   SOLE   4,660 0 0
SCHWAB SHORT-TERM US TREASURY ETF TREAS ETF 808524862 252 4,915 SH   SOLE   4,915 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC MBS ETF 92206C771 250 4,686 SH   SOLE   4,686 0 0
SPDR Bloomberg Barclays Emerging Markets Local Bond ETF COM 78464A391 201 7,734 SH   SOLE   7,734 0 0
SPDR SERIES TRUST BARC SHT TR CP TREAS ETF 78464A474 329 10,499 SH   SOLE   10,499 0 0
SPDR BLACKSTONE/GSO ETF SENIOR LOAN SNRL ETF 78467V608 206 4,509 SH   SOLE   4,509 0 0
SPDR BofA ML Crossover Corp Bd ETF CORP ETF 78468R606 209 7,860 SH   SOLE   7,860 0 0
INNOVATOR ETFS TR S&P 500 BUFFER E COM 45782C557 268 8,412 SH   SOLE   8,412 0 0
SPDR TIPS ETF TIPS ETF 78464A656 437 14,309 SH   SOLE   14,309 0 0