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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
DIREXION SHS ETF TR DRX S&P500BULL 25459W862   231,977,438 2,578,100 SH   DFND   2,578,100 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   102,752,304 231,800 SH   DFND   231,800 0 0
SPDR GOLD TR GOLD SHS 78463V107   41,608,218 233,400 SH   DFND   233,400 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   75,324,738 203,900 SH   DFND   203,900 0 0