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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
iShares MSCI EAFE ETF COM 464287465   15,983 243,500 SH   SOLE   243,500 0 0
iShares US Aerospace & Defense ETF COM 464288760   16,164 144,500 SH   SOLE   144,500 0 0
KraneShares CSI China Internet ETF COM 500767306   2,800 92,700 SH   SOLE   92,700 0 0
Invesco QQQ Trust Series 1 COM 46090E103   14,619 54,900 SH   SOLE   54,900 0 0
VanEck Semiconductor ETF COM 92189F676   16,276 80,200 SH   SOLE   80,200 0 0
SPDR S&P 500 ETF Trust COM 78462F103   62,298 162,900 SH   SOLE   162,900 0 0
SPDR S&P Biotech ETF COM 78464A870   14,110 170,000 SH   SOLE   170,000 0 0
Consumer Discretionary Select Sector SPDR Fund COM 81369Y407   16,300 126,200 SH   SOLE   126,200 0 0