Stelac Advisory Services 13F-HR Quarterly holdings report by institutional manager

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
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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	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
SPDR S&P 500 ETF TRUST	COM	78462F103	47,232	187,253	SH		DFND		0	0	47,232
VANGUARD EUROPEAN STOCK INDEX FUND ETF	COM	922042874	27,115	552,507	SH		DFND		0	0	27,115
ISHARES INC MSCI EMMA ETF	COM	464287234	11,037	280,008	SH		DFND		0	0	11,037
INVESCO S&P 500 EQUAL WEIGHT ETF	COM	46137V357	10,727	113,284	SH		DFND		0	0	10,727
VANGUARD REIT INDEX ETF	COM	922908553	10,116	133,076	SH		DFND		0	0	10,116
JPMORGAN EXCHANGE TRADE NOTE 09 - 24.05.2024 / ALERIAN MLP	COM	46625H365	9,658	427,913	SH		DFND		0	0	9,658
ISHARES MSCI JAPAN ETF	COM	46434G822	9,557	185,698	SH		DFND		0	0	9,557
ISHARES INTERMEDIATE CREDIT BOND ETF	COM	464288638	9,303	177,950	SH		DFND		0	0	9,303
ISHARES SELECT DIVIDEND ETF	COM	464287168	8,678	96,192	SH		DFND		0	0	8,678
INVESCO SENIOR LOAN ETF	COM	46138G508	7,676	355,362	SH		DFND		0	0	7,676
ISHARES CORE S&P MID-CAP ETF	COM	464287507	4,516	26,442	SH		DFND		0	0	4,516
SPDR GOLD TRUST ETF	COM	78463V107	4,513	37,225	SH		DFND		0	0	4,513
ISHARES MSCI PACIFIC EX-JAPAN ETF	COM	464286665	4,097	99,520	SH		DFND		0	0	4,097
ISHARES EUROPE ETF	COM	464287861	3,594	91,882	SH		DFND		0	0	3,594
ISHARES 1 - 3 YR CREDIT BOND ETF	COM	464288646	3,113	60,288	SH		DFND		0	0	3,113
SPDR DJ INDUSTRIAL AVERAGE ETF TRUS	COM	78467X109	2,747	11,045	SH		DFND		0	0	2,747
ISHARES TIPS BOND ETF	COM	464287176	2,613	23,838	SH		DFND		0	0	2,613
PROCTER & GAMBLE CO	COM	742718109	2,551	27,747	SH		DFND		0	0	2,551
ISHARES MSCI CANADA ETF	COM	464286509	1,938	80,223	SH		DFND		0	0	1,938
VANGUARD GLOBAL EX US REAL ESTATE INDEX FUND ETF	COM	922042676	1,875	35,466	SH		DFND		0	0	1,875
ISHARES CORE S&P SMALL CAP ETF	COM	464287804	1,172	16,914	SH		DFND		0	0	1,172
APPLE INC	COM	037833100	1,072	6,369	SH		DFND		0	0	1,072
BLACKSTONE GROUP LP	COM	09253U108	913	30,594	SH		DFND		0	0	913
FINANCIAL SELECT SECTOR SPDR FUND ETF	COM	81369Y605	872	36,605	SH		DFND		0	0	872
AMAZON.COM INC	COM	023135106	853	568	SH		DFND		0	0	853
INVESCO QQQ TRUST SERIES I	COM	46090E103	705	4,567	SH		DFND		0	0	705
ISHARES IBOXX USD HIGH YIELD CORPORATE BOND ETF	COM	464288513	688	10,382	SH		DFND		0	0	688
ISHARES CORE MSCI EMMA ETF	COM	46434G103	680	14,423	SH		DFND		0	0	680
ISHARES RUSSELL 2000 ETF	COM	464287655	680	5,077	SH		DFND		0	0	680
ALPHABET INC -A-	COM	02079K305	634	607	SH		DFND		0	0	634
GENERAL ELECTRIC CO	COM	369604103	553	73,000	SH		DFND		0	0	553
UBS ETRACS 11 - 24.05.2041 / 2X WELLS FARGO	COM	90267B765	503	43,502	SH		DFND		0	0	503
ISHARES MSCI EAFE ETF	COM	464287465	436	7,415	SH		DFND		0	0	436
VANGUARD FTSE EMERGING MARKETS ETF	COM	922042858	395	10,045	SH		DFND		0	0	395
VANGUARD INTERMEDIATE TERM	COM	92206C870	389	4,700	SH		DFND		0	0	389
KINDER MORGAN INC	COM	49456B101	371	24,136	SH		DFND		0	0	371
VANECK VECTORS VIETNAM ETF	COM	92189F817	366	24,278	SH		DFND		0	0	366
JOHNSON & JOHNSON	COM	478160104	355	2,753	SH		DFND		0	0	355
BERKSHIRE HATHAWAY INC -B-	COM	084670702	355	1,940	SH		DFND		0	0	355
ISHARES MSCI THAILAND CAPPED ETF	COM	464286624	351	4,183	SH		DFND		0	0	351
FACEBOOK INC	COM	30303M102	339	2,585	SH		DFND		0	0	339
ISHARES MSCI INDIA ETF	COM	46429B598	325	9,755	SH		DFND		0	0	325
VANGUARD 500 IDX FUND ETF	COM	922908363	324	1,408	SH		DFND		0	0	324
ALERIAN MLP ETF	COM	00162Q866	322	36,918	SH		DFND		0	0	322
CHESAPEAKE ENERGY CORP	COM	165167107	314	149,500	SH		DFND		0	0	314
UTILITIES SELECT SECTOR SPDR FUND E	COM	81369Y886	302	5,434	SH		DFND		0	0	302
WEYERHAEUSER CO	COM	962166104	302	12,811	SH		DFND		0	0	302
ALPHABET INC -C-	COM	02079K107	294	284	SH		DFND		0	0	294
WISDOMTREE JAPAN HEDGED EQUITY FUND ETF	COM	97717W851	285	6,139	SH		DFND		0	0	285
GUGGENHEIM STRATEGIC OPPORTUNITIES FUND	COM	40167F101	256	14,000	SH		DFND		0	0	256
PAYPAL HOLDINGS INC	COM	70450Y103	239	2,837	SH		DFND		0	0	239
INVESCO VARIABLE RATE PRF ETF	COM	46138G870	237	10,400	SH		DFND		0	0	237
ISHARES GLOBAL HEALTHCARE ETF	COM	464287325	234	4,132	SH		DFND		0	0	234
ISHARES PFD AND INCM SEC	COM	464288687	222	6,500	SH		DFND		0	0	222
MERCK & CO INC	COM	58933Y105	201	2,633	SH		DFND		0	0	201
FIRST TRUST ETF FUND	COM	33739E108	197	11,000	SH		DFND		0	0	197
PFIZER INC	COM	717081103	197	4,509	SH		DFND		0	0	197
ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	COM	46434V407	195	4,386	SH		DFND		0	0	195
ARCHER DANIELS MIDLAND COMP	COM	039483102	188	4,579	SH		DFND		0	0	188
ARES CAPITAL CORP	COM	04010L103	186	11,908	SH		DFND		0	0	186
ORACLE CORP	COM	68389X105	181	4,010	SH		DFND		0	0	181
KKR & CO INC -A-	COM	48251W104	181	9,198	SH		DFND		0	0	181
EATON VANCE TAX-MANAGED GLOBAL DIV EQUITY INCOME FUND	COM	27829F108	176	23,533	SH		DFND		0	0	176
POTLATCH CORP	COM	737630103	168	4,976	SH		DFND		0	0	168
OAKTREE CAPITAL GOUP LLC -A-	COM	674001201	166	4,173	SH		DFND		0	0	166
ISHARES MSCI GERMANY ETF	COM	464286806	165	6,500	SH		DFND		0	0	165
CARLYLE GROUP LP	COM	14309L102	163	10,348	SH		DFND		0	0	163
APOLLO GLOBAL MANAGEMENT LLC -A-	COM	037612306	162	6,605	SH		DFND		0	0	162
UBS ETRACS 11 - 26.04.2041 / WELLS	COM	902641588	159	9,000	SH		DFND		0	0	159
FEDEX CORP	COM	31428X106	156	964	SH		DFND		0	0	156
ISHARES MSCI SOUTH KOREA ETF	COM	464286772	152	2,520	SH		DFND		0	0	152
TIFFANY & CO	COM	886547108	149	1,855	SH		DFND		0	0	149
RAYONIER INC REIT	COM	754907103	149	5,196	SH		DFND		0	0	149
GILEAD SCIENCES INC	COM	375558103	149	2,382	SH		DFND		0	0	149
BANK OF NEW YORK MELLON CORP	COM	064058100	149	3,164	SH		DFND		0	0	149
NETFLIX INC	COM	64110L106	147	550	SH		DFND		0	0	147
INVESCO S&P 500 LOW VOLATILITY ETF	COM	46138E354	147	3,145	SH		DFND		0	0	147
HOME DEPOT INC	COM	437076102	145	842	SH		DFND		0	0	145
BB&T CORP	COM	054937107	144	3,316	SH		DFND		0	0	144
QUALCOMM INC	COM	747525103	141	2,475	SH		DFND		0	0	141
VANECK VECTORS RUSSIA ETF	COM	92189F403	138	7,370	SH		DFND		0	0	138
ISHARES 3-7 YEAR TREASURY BOND ETF	COM	464288661	137	1,128	SH		DFND		0	0	137
CHINA MOBILE LTD S-ADR	COM	16941M109	137	2,844	SH		DFND		0	0	137
AMERICAN INTL GROUP INC	COM	026874784	136	3,449	SH		DFND		0	0	136
VERIZON COMMUNICATIONS INC	COM	92343V104	136	2,413	SH		DFND		0	0	136
CARDINAL HEALTH INC	COM	14149Y108	135	3,037	SH		DFND		0	0	135
DOLLAR TREE INC	COM	256746108	134	1,480	SH		DFND		0	0	134
OCCIDENTAL PETROLEUM CORP	COM	674599105	133	2,161	SH		DFND		0	0	133
ABBOTT LABORATORIES	COM	002824100	132	1,830	SH		DFND		0	0	132
NOVARTIS AG ADR	COM	66987V109	130	1,516	SH		DFND		0	0	130
VANGUARD FTSE DEVELOPED MARKETS ETF	COM	921943858	130	3,500	SH		DFND		0	0	130
ALIGN TECHNOLOGY INC	COM	016255101	126	604	SH		DFND		0	0	126
CHEVRON CORP	COM	166764100	126	1,161	SH		DFND		0	0	126
ISHARES MSCI TAIWAN ETF	COM	46434G772	126	3,778	SH		DFND		0	0	126
INTEL CORP	COM	458140100	124	2,634	SH		DFND		0	0	124
MONDELEZ INTL INC	COM	609207105	123	3,083	SH		DFND		0	0	123
ISHARES MSCI MALAYSIA ETF	COM	46434G814	123	4,100	SH		DFND		0	0	123
ISHARES MSCI INDONESIA ETF	COM	46429B309	123	4,954	SH		DFND		0	0	123
CVS HEALTH CORP	COM	126650100	122	1,868	SH		DFND		0	0	122
WASTE MANAGEMENT INC	COM	94106L109	122	1,373	SH		DFND		0	0	122
CISCO SYSTEMS INC	COM	17275R102	122	2,818	SH		DFND		0	0	122
NETEASE INC S-ADR	COM	64110W102	119	507	SH		DFND		0	0	119
EQUITY RESIDENTIAL PROP TRUST	COM	29476L107	119	1,805	SH		DFND		0	0	119
SAP SE ADR	COM	803054204	115	1,154	SH		DFND		0	0	115
MARSH & MCLENNAN COS INC	COM	571748102	114	1,425	SH		DFND		0	0	114
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR	COM	874039100	113	3,053	SH		DFND		0	0	113
ROYAL DUTCH SHELL PLC S-ADR -2-A-	COM	780259206	111	1,897	SH		DFND		0	0	111
MICROSOFT CORP	COM	594918104	110	1,085	SH		DFND		0	0	110
CONOCOPHILLIPS CO	COM	20825C104	109	1,755	SH		DFND		0	0	109
BHP BILLITON LTD ADR	COM	088606108	109	2,249	SH		DFND		0	0	109
EDISON INTL	COM	281020107	108	1,901	SH		DFND		0	0	108
ALLSTATE CORP	COM	020002101	107	1,297	SH		DFND		0	0	107
ARES MANAGEMENT CORPORATION	COM	03990B101	106	5,952	SH		DFND		0	0	106
NORTHROP GRUMMAN CORP	COM	666807102	105	430	SH		DFND		0	0	105
PRUDENTIAL PLC ADR	COM	74435K204	104	2,944	SH		DFND		0	0	104
AT&T INC	COM	00206R102	103	3,614	SH		DFND		0	0	103