Capula Management 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
Expires:	Oct 31, 2018
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
ACI WORLDWIDE INC	COM	004498101	1,129,354	36,907	SH		DFND	1	36,907	0	0
ADAPTHEALTH CORP	COMMON STOCK	00653Q102	805,793	110,534	SH		DFND	1	110,534	0	0
ADOBE INC	COM	00724F101	1,610,820	2,700	SH	Put	DFND	2	2,700	0	0
ADOBE INC	COM	00724F101	10,142	17	SH		DFND	2	17	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	692,827	4,700	SH	Call	DFND	2	4,700	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	442,230	3,000	SH	Put	DFND	2	3,000	0	0
AGILON HEALTH INC	COM	00857U107	420,300	33,490	SH		DFND	1	33,490	0	0
AIRBNB INC	COM CL A	009066101	229,124	1,683	SH		DFND	1	1,683	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	697,590	9,000	SH		DFND	2	9,000	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	465,060	6,000	SH	Call	DFND	2	6,000	0	0
ALIGN TECHNOLOGY INC	COM	016255101	71,240	260	SH		DFND	2	260	0	0
ALIGN TECHNOLOGY INC	COM	016255101	27,400	100	SH	Call	DFND	2	100	0	0
ALIGN TECHNOLOGY INC	COM	016255101	423,878	1,547	SH		DFND	1	1,547	0	0
ALLETE INC	COM NEW	018522300	921,192	15,062	SH		DFND	1	15,062	0	0
ALLISON TRANSMISSION HLDGS I	COM	01973R101	139,793	2,404	SH		DFND	2	2,404	0	0
ALLISON TRANSMISSION HLDGS I	COM	01973R101	90,947	1,564	SH		DFND	1	1,564	0	0
ALLSTATE CORP	COM	020002101	402,163	2,873	SH		DFND	1	2,873	0	0
ALNYLAM PHARMACEUTICALS INC	COM	02043Q107	1,008,731	5,270	SH		DFND	1	5,270	0	0
ALPHABET INC	CAP STK CL A	02079K305	263,595	1,887	SH		DFND	1	1,887	0	0
ALPHABET INC	CAP STK CL C	02079K107	28,186,000	200,000	SH		DFND	2	200,000	0	0
ALPHABET INC	CAP STK CL C	02079K107	426,454	3,026	SH		DFND	1	3,026	0	0
ALPHABET INC	CAP STK CL A	02079K305	152,541,480	1,092,000	SH		DFND	2	1,092,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	3,855,444	27,600	SH	Put	DFND	2	27,600	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,430,606	17,400	SH	Call	DFND	2	17,400	0	0
ALTICE USA INC	CL A	02156K103	1,011,904	311,355	SH		DFND	1	311,355	0	0
ALTICE USA INC	CL A	02156K103	232,089	71,412	SH		DFND	2	71,412	0	0
ALTRIA GROUP INC	COM	02209S103	879,896	21,812	SH		DFND	2	21,812	0	0
ALTRIA GROUP INC	COM	02209S103	1,597,464	39,600	SH	Put	DFND	2	39,600	0	0
ALTRIA GROUP INC	COM	02209S103	867,310	21,500	SH	Call	DFND	2	21,500	0	0
AMAZON COM INC	COM	023135106	3,038,800	20,000	SH	Put	DFND	2	20,000	0	0
AMAZON COM INC	COM	023135106	99,010,334	651,641	SH		DFND	2	651,641	0	0
AMC ENTMT HLDGS INC	CL A NEW	00165C302	1,406,541	229,827	SH		DFND	1	229,827	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	126,723	3,524	SH		DFND	2	3,524	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	166,890	4,641	SH		DFND	1	4,641	0	0
AMERICOLD REALTY TRUST INC	COM	03064D108	407,555	13,464	SH		DFND	1	13,464	0	0
AMGEN INC	COM	031162100	1,008,070	3,500	SH	Put	DFND	2	3,500	0	0
AMGEN INC	COM	031162100	62,500	217	SH		DFND	2	217	0	0
ANALOG DEVICES INC	COM	032654105	12,708	64	SH		DFND	2	64	0	0
ANALOG DEVICES INC	COM	032654105	1,270,784	6,400	SH	Put	DFND	2	6,400	0	0
APOLLO GLOBAL MGMT INC	COM	03769M106	263,914	2,832	SH		DFND	2	2,832	0	0
APPLE INC	COM	037833100	297,074	1,543	SH		DFND	2	1,543	0	0
APPLE INC	COM	037833100	4,043,130	21,000	SH	Put	DFND	2	21,000	0	0
APPLIED MATLS INC	COM	038222105	421,544	2,601	SH		DFND	1	2,601	0	0
ASSURANT INC	COM	04621X108	962,415	5,712	SH		DFND	1	5,712	0	0
ASSURED GUARANTY LTD	COM	G0585R106	988,429	13,209	SH		DFND	1	13,209	0	0
ATMOS ENERGY CORP	COM	049560105	368,446	3,179	SH		DFND	1	3,179	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	605,722	2,600	SH	Put	DFND	2	2,600	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	69,891	300	SH	Call	DFND	2	300	0	0
AXIS CAP HLDGS LTD	SHS	G0692U109	253,816	4,584	SH		DFND	2	4,584	0	0
AZEK CO INC	CL A	05478C105	420,062	10,982	SH		DFND	1	10,982	0	0
AZEK CO INC	CL A	05478C105	154,262	4,033	SH		DFND	2	4,033	0	0
BAKER HUGHES COMPANY	CL A	05722G100	403,256	11,798	SH		DFND	1	11,798	0	0
BLOCK INC	CL A	852234103	414,209	5,355	SH		DFND	1	5,355	0	0
BLOOM ENERGY CORP	COM CL A	093712107	2,139,606	144,568	SH		DFND	1	144,568	0	0
BLUE OWL CAPITAL INC	COM CL A	09581B103	188,455	12,648	SH		DFND	1	12,648	0	0
BOSTON OMAHA CORP	CL A COM STK	101044105	201,989	12,841	SH		DFND	2	12,841	0	0
BOWLERO CORP	CL A COM	10258P102	1,122,718	79,288	SH		DFND	1	79,288	0	0
BREAD FINANCIAL HOLDINGS INC	COM	018581108	1,019,724	30,957	SH		DFND	1	30,957	0	0
BRIGHTHOUSE FINL INC	COM	10922N103	420,132	7,939	SH		DFND	1	7,939	0	0
BROADCOM INC	COM	11135F101	1,339,500	1,200	SH	Put	DFND	2	1,200	0	0
BROADCOM INC	COM	11135F101	10,046	9	SH		DFND	2	9	0	0
BUILDERS FIRSTSOURCE INC	COM	12008R107	420,021	2,516	SH		DFND	1	2,516	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	367,969	3,706	SH		DFND	1	3,706	0	0
CAMPING WORLD HLDGS INC	CL A	13462K109	1,291,939	49,198	SH		DFND	1	49,198	0	0
CAPITAL ONE FINL CORP	COM	14040H105	1,246,033	9,503	SH		DFND	1	9,503	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	6,028,800	120,000	SH		DFND	2	120,000	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	7,536,000	150,000	SH	Put	DFND	2	150,000	0	0
CARDINAL HEALTH INC	COM	14149Y108	418,118	4,148	SH		DFND	1	4,148	0	0
CARLYLE GROUP INC	COM	14316J108	415,038	10,200	SH		DFND	1	10,200	0	0
CARTERS INC	COM	146229109	423,952	5,661	SH		DFND	1	5,661	0	0
CATERPILLAR INC	COM	149123101	1,064,412	3,600	SH	Call	DFND	2	3,600	0	0
CATERPILLAR INC	COM	149123101	1,034,845	3,500	SH	Put	DFND	2	3,500	0	0
CATERPILLAR INC	COM	149123101	125,660	425	SH		DFND	2	425	0	0
CENTERPOINT ENERGY INC	COM	15189T107	426,922	14,943	SH		DFND	1	14,943	0	0
CENTRAL GARDEN & PET CO	CL A NON-VTG	153527205	1,986,248	45,101	SH		DFND	2	45,101	0	0
CENTURY CMNTYS INC	COM	156504300	1,334,016	14,637	SH		DFND	1	14,637	0	0
CHENIERE ENERGY INC	COM NEW	16411R208	243,262	1,425	SH		DFND	2	1,425	0	0
CHENIERE ENERGY INC	COM NEW	16411R208	960,585	5,627	SH		DFND	1	5,627	0	0
CINCINNATI FINL CORP	COM	172062101	427,393	4,131	SH		DFND	1	4,131	0	0
CNA FINL CORP	COM	126117100	456,398	10,787	SH		DFND	2	10,787	0	0
CNH INDL N V	SHS	N20944109	147,354	12,098	SH		DFND	2	12,098	0	0
COCA COLA CO	COM	191216100	1,873,974	31,800	SH	Put	DFND	2	31,800	0	0
COCA COLA CO	COM	191216100	1,078,419	18,300	SH	Call	DFND	2	18,300	0	0
COCA COLA CO	COM	191216100	44,905	762	SH		DFND	2	762	0	0
COMCAST CORP NEW	CL A	20030N101	105,547	2,407	SH		DFND	2	2,407	0	0
COMCAST CORP NEW	CL A	20030N101	530,585	12,100	SH	Put	DFND	2	12,100	0	0
COMCAST CORP NEW	CL A	20030N101	784,915	17,900	SH	Call	DFND	2	17,900	0	0
COSTCO WHSL CORP NEW	COM	22160K105	34,324	52	SH		DFND	2	52	0	0
COSTCO WHSL CORP NEW	COM	22160K105	2,046,248	3,100	SH	Put	DFND	2	3,100	0	0
CRH PLC	ORD	G25508105	885,386	12,802	SH		DFND	2	12,802	0	0
CUSTOMERS BANCORP INC	COM	23204G100	1,450,699	25,177	SH		DFND	1	25,177	0	0
CVS HEALTH CORP	COM	126650100	1,058,064	13,400	SH	Call	DFND	2	13,400	0	0
CVS HEALTH CORP	COM	126650100	1,073,856	13,600	SH	Put	DFND	2	13,600	0	0
D R HORTON INC	COM	23331A109	421,137	2,771	SH		DFND	1	2,771	0	0
DANA INC	COM	235825205	984,042	67,354	SH		DFND	1	67,354	0	0
DATADOG INC	CL A COM	23804L103	418,882	3,451	SH		DFND	1	3,451	0	0
DATADOG INC	CL A COM	23804L103	244,823	2,017	SH		DFND	2	2,017	0	0
DECKERS OUTDOOR CORP	COM	243537107	420,442	629	SH		DFND	1	629	0	0
DELEK US HLDGS INC NEW	COM	24665A103	839,042	32,521	SH		DFND	1	32,521	0	0
DEVON ENERGY CORP NEW	COM	25179M103	421,245	9,299	SH		DFND	1	9,299	0	0
DICKS SPORTING GOODS INC	COM	253393102	422,187	2,873	SH		DFND	1	2,873	0	0
DIGITALBRIDGE GROUP INC	CL A NEW	25401T603	1,021,267	58,225	SH		DFND	1	58,225	0	0
DOORDASH INC	CL A	25809K105	295,879	2,992	SH		DFND	1	2,992	0	0
DORIAN LPG LTD	SHS USD	Y2106R110	961,323	21,913	SH		DFND	1	21,913	0	0
DRAFTKINGS INC NEW	COM CL A	26142V105	421,872	11,968	SH		DFND	1	11,968	0	0
DYCOM INDS INC	COM	267475101	962,613	8,364	SH		DFND	1	8,364	0	0
EBAY INC.	COM	278642103	65,430	1,500	SH		DFND	2	1,500	0	0
EBAY INC.	COM	278642103	1,928,004	44,200	SH	Call	DFND	2	44,200	0	0
ELEVANCE HEALTH INC	COM	036752103	424,876	901	SH		DFND	1	901	0	0
EQUITRANS MIDSTREAM CORP	COM	294600101	975,539	95,829	SH		DFND	1	95,829	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	382,617	6,256	SH		DFND	1	6,256	0	0
EVERSOURCE ENERGY	COM	30040W108	328,412	5,321	SH		DFND	1	5,321	0	0
FERGUSON PLC NEW	SHS	G3421J106	416,838	2,159	SH		DFND	1	2,159	0	0
FISERV INC	COM	337738108	413,265	3,111	SH		DFND	1	3,111	0	0
FLEETCOR TECHNOLOGIES INC	COM	339041105	211,392	748	SH		DFND	1	748	0	0
FLUOR CORP NEW	COM	343412102	908,274	23,188	SH		DFND	1	23,188	0	0
FORESTAR GROUP INC	COM	346232101	941,106	28,458	SH		DFND	1	28,458	0	0
FOX CORP	CL A COM	35137L105	220,418	7,429	SH		DFND	1	7,429	0	0
FRONTDOOR INC	COM	35905A109	898,709	25,517	SH		DFND	1	25,517	0	0
G III APPAREL GROUP LTD	COM	36237H101	980,867	28,866	SH		DFND	1	28,866	0	0
GENERAL MTRS CO	COM	37045V100	1,069,231	29,767	SH		DFND	1	29,767	0	0
GENUINE PARTS CO	COM	372460105	426,165	3,077	SH		DFND	1	3,077	0	0
GITLAB INC	CLASS A COM	37637K108	349,995	5,559	SH		DFND	1	5,559	0	0
GLOBE LIFE INC	COM	37959E102	380,740	3,128	SH		DFND	1	3,128	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	931,401	65,042	SH		DFND	1	65,042	0	0
GREEN PLAINS INC	COM	393222104	729,715	28,934	SH		DFND	1	28,934	0	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	326,584	4,063	SH		DFND	1	4,063	0	0
HASHICORP INC	COM CL A	418100103	413,535	17,493	SH		DFND	1	17,493	0	0
HEICO CORP NEW	COM	422806109	410,507	2,295	SH		DFND	1	2,295	0	0
HESS CORP	COM	42809H107	5,766,400	40,000	SH		DFND	2	40,000	0	0
HOLOGIC INC	COM	436440101	426,342	5,967	SH		DFND	1	5,967	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	412,083	21,165	SH		DFND	1	21,165	0	0
HUBSPOT INC	COM	443573100	414,506	714	SH		DFND	1	714	0	0
HUMANA INC	COM	444859102	420,270	918	SH		DFND	1	918	0	0
HYATT HOTELS CORP	COM CL A	448579102	412,356	3,162	SH		DFND	1	3,162	0	0
INSPIRE MED SYS INC	COM	457730109	217,874	1,071	SH		DFND	1	1,071	0	0
INTEL CORP	COM	458140100	753,750	15,000	SH	Put	DFND	2	15,000	0	0
INTEL CORP	COM	458140100	6,030	120	SH		DFND	2	120	0	0
INTERDIGITAL INC	COM	45867G101	1,114,489	10,268	SH		DFND	1	10,268	0	0
INTUIT	COM	461202103	937,545	1,500	SH	Put	DFND	2	1,500	0	0
INTUIT	COM	461202103	4,375	7	SH		DFND	2	7	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	235,140	697	SH		DFND	1	697	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	25,595,000	62,500	SH		DFND		62,500	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	1,326,845	3,240	SH		DFND	2	3,240	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	234,859,720	573,500	SH	Put	DFND		573,500	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	209,264,720	511,000	SH	Call	DFND		511,000	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	998,458	28,560	SH		DFND	2	28,560	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	1,264,777	19,719	SH		DFND	2	19,719	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,922,400	80,000	SH		DFND	2	80,000	0	0
ISHARES TR	20 YR TR BD ETF	464287432	7,416,000	75,000	SH		DFND		75,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	634,598	8,200	SH	Call	DFND	1	8,200	0	0
ISHARES TR	20 YR TR BD ETF	464287432	19,776,000	200,000	SH	Call	DFND		200,000	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	11,118,065	276,500	SH		DFND		276,500	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	189,837	7,900	SH		DFND		7,900	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	358,869	1,788	SH		DFND	2	1,788	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	6,835,700	170,000	SH	Call	DFND		170,000	0	0
ISHARES TR	20 YR TR BD ETF	464287432	27,192,000	275,000	SH	Put	DFND		275,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	121,811,860	1,574,000	SH		DFND	1	1,574,000	0	0
JELD-WEN HLDG INC	COM	47580P103	1,302,456	68,986	SH		DFND	1	68,986	0	0
JOHNSON & JOHNSON	COM	478160104	6,269,600	40,000	SH	Put	DFND	2	40,000	0	0
JOHNSON & JOHNSON	COM	478160104	6,269,600	40,000	SH	Call	DFND	2	40,000	0	0
KEMPER CORP	COM	488401100	239,943	4,930	SH		DFND	1	4,930	0	0
KLA CORP	COM NEW	482480100	10,463	18	SH		DFND	2	18	0	0
KLA CORP	COM NEW	482480100	1,336,990	2,300	SH	Put	DFND	2	2,300	0	0
KOHLS CORP	COM	500255104	398,824	13,906	SH		DFND	1	13,906	0	0
LAM RESEARCH CORP	COM	512807108	18,798	24	SH		DFND	2	24	0	0
LAM RESEARCH CORP	COM	512807108	939,912	1,200	SH	Put	DFND	2	1,200	0	0
LAM RESEARCH CORP	COM	512807108	426,093	544	SH		DFND	1	544	0	0
LAUDER ESTEE COS INC	CL A	518439104	219,375	1,500	SH		DFND	2	1,500	0	0
LIBERTY LATIN AMERICA LTD	COM CL C	G9001E128	970,289	132,192	SH		DFND	1	132,192	0	0
LIBERTY LATIN AMERICA LTD	COM CL A	G9001E102	718,778	98,328	SH		DFND	1	98,328	0	0
LIBERTY LATIN AMERICA LTD	COM CL A	G9001E102	67,859	9,283	SH		DFND	2	9,283	0	0
LINDE PLC	SHS	G54950103	251,355	612	SH		DFND	2	612	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	1,433,296	31,501	SH		DFND	1	31,501	0	0
LOCKHEED MARTIN CORP	COM	539830109	423,779	935	SH		DFND	1	935	0	0
LOCKHEED MARTIN CORP	COM	539830109	906,480	2,000	SH	Call	DFND	2	2,000	0	0
LOCKHEED MARTIN CORP	COM	539830109	906,480	2,000	SH	Put	DFND	2	2,000	0	0
LULULEMON ATHLETICA INC	COM	550021109	217,298	425	SH		DFND	1	425	0	0
LYFT INC	CL A COM	55087P104	421,998	28,152	SH		DFND	1	28,152	0	0
MADISON SQUARE GARDEN ENTMT	COM CL A	558256103	1,825,573	57,426	SH		DFND	1	57,426	0	0
MATCH GROUP INC NEW	COM	57667L107	425,043	11,645	SH		DFND	1	11,645	0	0
MERCHANTS BANCORP IND	COM	58844R108	1,359,409	31,926	SH		DFND	1	31,926	0	0
MERCURY GENL CORP NEW	COM	589400100	1,026,883	27,523	SH		DFND	1	27,523	0	0
META PLATFORMS INC	CL A	30303M102	106,188,000	300,000	SH		DFND	2	300,000	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	901,800	10,000	SH	Put	DFND	2	10,000	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	78,366	869	SH		DFND	2	869	0	0
MICROSOFT CORP	COM	594918104	3,722,796	9,900	SH	Put	DFND	2	9,900	0	0
MICROSOFT CORP	COM	594918104	2,895,508	7,700	SH	Call	DFND	2	7,700	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	420,591	3,128	SH		DFND	1	3,128	0	0
MONDELEZ INTL INC	CL A	609207105	3,404	47	SH		DFND	2	47	0	0
MONDELEZ INTL INC	CL A	609207105	2,238,087	30,900	SH	Put	DFND	2	30,900	0	0
MONDELEZ INTL INC	CL A	609207105	246,262	3,400	SH	Call	DFND	2	3,400	0	0
MONOLITHIC PWR SYS INC	COM	609839105	428,930	680	SH		DFND	1	680	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	418,191	7,259	SH		DFND	1	7,259	0	0
MOODYS CORP	COM	615369105	424,929	1,088	SH		DFND	1	1,088	0	0
MORGAN STANLEY	COM NEW	617446448	932,500	10,000	SH	Put	DFND	2	10,000	0	0
MORGAN STANLEY	COM NEW	617446448	559,500	6,000	SH	Call	DFND	2	6,000	0	0
MR COOPER GROUP INC	COM	62482R107	994,122	15,266	SH		DFND	1	15,266	0	0
MUELLER INDS INC	COM	624756102	1,104,536	23,426	SH		DFND	1	23,426	0	0
NETFLIX INC	COM	64110L106	422,125	867	SH		DFND	1	867	0	0
NEWELL BRANDS INC	COM	651229106	1,107,880	127,636	SH		DFND	1	127,636	0	0
NEWS CORP NEW	CL A	65249B109	563,054	22,935	SH		DFND	2	22,935	0	0
NIKE INC	CL B	654106103	217,140	2,000	SH		DFND	2	2,000	0	0
NRG ENERGY INC	COM NEW	629377508	413,083	7,990	SH		DFND	1	7,990	0	0
NUCOR CORP	COM	670346105	423,091	2,431	SH		DFND	1	2,431	0	0
NUTANIX INC	CL A	67059N108	221,329	4,641	SH		DFND	1	4,641	0	0
NVIDIA CORPORATION	COM	67066G104	420,937	850	SH		DFND	1	850	0	0
OLLIES BARGAIN OUTLET HLDGS	COM	681116109	425,743	5,610	SH		DFND	1	5,610	0	0
OSCAR HEALTH INC	CL A	687793109	1,174,869	128,401	SH		DFND	1	128,401	0	0
OWENS CORNING NEW	COM	690742101	425,865	2,873	SH		DFND	1	2,873	0	0
PALANTIR TECHNOLOGIES INC	CL A	69608A108	325,543	18,960	SH		DFND	2	18,960	0	0
PARAMOUNT GLOBAL	CLASS A COM	92556H107	408,220	20,764	SH		DFND	1	20,764	0	0
PARAMOUNT GLOBAL	CLASS B COM	92556H206	1,054,749	71,315	SH		DFND	1	71,315	0	0
PARK HOTELS & RESORTS INC	COM	700517105	416,420	27,217	SH		DFND	1	27,217	0	0
PAYCOM SOFTWARE INC	COM	70432V102	421,709	2,040	SH		DFND	1	2,040	0	0
PBF ENERGY INC	CL A	69318G106	787,675	17,918	SH		DFND	1	17,918	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	3,599,226	24,600	SH	Put	DFND	2	24,600	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	5,706	39	SH		DFND	2	39	0	0
PEGASYSTEMS INC	COM	705573103	422,786	8,653	SH		DFND	1	8,653	0	0
PENN ENTERTAINMENT INC	COM	707569109	570,176	21,913	SH		DFND	1	21,913	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	3,554,762	222,590	SH		DFND	2	222,590	0	0
PINTEREST INC	CL A	72352L106	306,654	8,279	SH		DFND	1	8,279	0	0
PIONEER NAT RES CO	COM	723787107	26,086,080	116,000	SH		DFND	2	116,000	0	0
PROTHENA CORP PLC	SHS	G72800108	883,425	24,310	SH		DFND	1	24,310	0	0
PULTE GROUP INC	COM	745867101	421,138	4,080	SH		DFND	1	4,080	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	432,997	493	SH		DFND	1	493	0	0
RESMED INC	COM	761152107	424,029	2,465	SH		DFND	1	2,465	0	0
RINGCENTRAL INC	CL A	76680R206	413,239	12,172	SH		DFND	1	12,172	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	2,250,107	30,219	SH		DFND	2	30,219	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	133,788	12,527	SH		DFND	2	12,527	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	987,868	92,497	SH		DFND	1	92,497	0	0
ROBLOX CORP	CL A	771049103	17,145	375	SH		DFND	2	375	0	0
ROBLOX CORP	CL A	771049103	4,951,476	108,300	SH	Put	DFND	2	108,300	0	0
ROCKET COS INC	COM CL A	77311W101	197,666	13,651	SH		DFND	1	13,651	0	0
ROVER GROUP INC	COM CL A	77936F103	3,002,880	276,000	SH		DFND	2	276,000	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	221,307	2,295	SH		DFND	1	2,295	0	0
SCHWAB CHARLES CORP	COM	808513105	28,070	408	SH		DFND	2	408	0	0
SCHWAB CHARLES CORP	COM	808513105	2,064,000	30,000	SH	Put	DFND	2	30,000	0	0
SEA LTD	SPONSORD ADS	81141R100	607,500	15,000	SH		DFND	2	15,000	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	22,753,279	567,980	SH		DFND	1	567,980	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	12,906,554	67,054	SH		DFND	1	67,054	0	0
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	13,780,475	366,502	SH		DFND	1	366,502	0	0
SHOCKWAVE MED INC	COM	82489T104	421,138	2,210	SH		DFND	1	2,210	0	0
SHUTTERSTOCK INC	COM	825690100	1,008,714	20,893	SH		DFND	1	20,893	0	0
SITE CTRS CORP	COM	82981J109	1,028,792	75,480	SH		DFND	1	75,480	0	0
SMARTSHEET INC	COM CL A	83200N103	417,038	8,721	SH		DFND	1	8,721	0	0
SNOWFLAKE INC	CL A	833445109	4,975	25	SH		DFND	2	25	0	0
SNOWFLAKE INC	CL A	833445109	422,875	2,125	SH		DFND	1	2,125	0	0
SNOWFLAKE INC	CL A	833445109	358,200	1,800	SH	Put	DFND	2	1,800	0	0
SPDR GOLD TR	GOLD SHS	78463V107	5,811,568	30,400	SH		DFND		30,400	0	0
SPDR GOLD TR	GOLD SHS	78463V107	6,117,440	32,000	SH	Put	DFND		32,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	9,506,200	20,000	SH	Put	DFND	2	20,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	761,148,601	1,601,373	SH		DFND	2	1,601,373	0	0
SPDR SER TR	S&P REGL BKG	78464A698	10,486,000	200,000	SH	Call	DFND	1	200,000	0	0
SPDR SER TR	S&P REGL BKG	78464A698	5,347,860	102,000	SH	Put	DFND	2	102,000	0	0
SPDR SER TR	S&P REGL BKG	78464A698	5,347,860	102,000	SH	Call	DFND	2	102,000	0	0
SPECTRUM BRANDS HLDGS INC NE	COM	84790A105	414,964	5,202	SH		DFND	1	5,202	0	0
SPLUNK INC	COM	848637104	13,031,257	85,535	SH		DFND	2	85,535	0	0
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	421,670	2,244	SH		DFND	1	2,244	0	0
STANLEY BLACK & DECKER INC	COM	854502101	405,251	4,131	SH		DFND	1	4,131	0	0
STEEL DYNAMICS INC	COM	858119100	423,625	3,587	SH		DFND	1	3,587	0	0
STEELCASE INC	CL A	858155203	1,304,342	96,475	SH		DFND	1	96,475	0	0
STONECO LTD	COM CL A	G85158106	1,429,563	79,288	SH		DFND	1	79,288	0	0
TARGA RES CORP	COM	87612G101	412,024	4,743	SH		DFND	1	4,743	0	0
TD SYNNEX CORPORATION	COM	87162W100	384,168	3,570	SH		DFND	1	3,570	0	0
TECHNIPFMC PLC	COM	G87110105	418,731	20,791	SH		DFND	1	20,791	0	0
TERADATA CORP DEL	COM	88076W103	411,257	9,452	SH		DFND	1	9,452	0	0
TEXAS INSTRS INC	COM	882508104	83,525	490	SH		DFND	2	490	0	0
TEXAS INSTRS INC	COM	882508104	153,414	900	SH	Call	DFND	2	900	0	0
TEXAS INSTRS INC	COM	882508104	2,676,222	15,700	SH	Put	DFND	2	15,700	0	0
TEXTAINER GROUP HOLDINGS LTD	SHS	G8766E109	1,982,760	40,300	SH		DFND	2	40,300	0	0
TG THERAPEUTICS INC	COM	88322Q108	1,434,669	83,997	SH		DFND	1	83,997	0	0
THE CIGNA GROUP	COM	125523100	417,433	1,394	SH		DFND	1	1,394	0	0
TOLL BROTHERS INC	COM	889478103	419,383	4,080	SH		DFND	1	4,080	0	0
TPG INC	COM CL A	872657101	413,914	9,588	SH		DFND	1	9,588	0	0
TREX CO INC	COM	89531P105	225,189	2,720	SH		DFND	1	2,720	0	0
TTM TECHNOLOGIES INC	COM	87305R109	1,040,140	65,790	SH		DFND	1	65,790	0	0
UBER TECHNOLOGIES INC	COM	90353T100	287,840	4,675	SH		DFND	1	4,675	0	0
UGI CORP NEW	COM	902681105	409,836	16,660	SH		DFND	1	16,660	0	0
UNDER ARMOUR INC	CL A	904311107	148,692	16,916	SH		DFND	2	16,916	0	0
URBAN EDGE PPTYS	COM	91704F104	980,898	53,601	SH		DFND	1	53,601	0	0
UWM HOLDINGS CORPORATION	COM CL A	91823B109	2,210,022	309,094	SH		DFND	1	309,094	0	0
VALERO ENERGY CORP	COM	91913Y100	424,320	3,264	SH		DFND	1	3,264	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	1,447,764	46,687	SH		DFND	2	46,687	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	24,132,060	138,000	SH		DFND		138,000	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	181,515,060	1,038,000	SH	Put	DFND		1,038,000	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	104,922,000	600,000	SH	Call	DFND		600,000	0	0
VEEVA SYS INC	CL A COM	922475108	418,924	2,176	SH		DFND	1	2,176	0	0
VERVE THERAPEUTICS INC	COM	92539P101	633,685	45,458	SH		DFND	1	45,458	0	0
VIASAT INC	COM	92552V100	2,462,227	88,094	SH		DFND	1	88,094	0	0
VIPER ENERGY INC	CL A	927959106	997,821	31,798	SH		DFND	2	31,798	0	0
WALMART INC	COM	931142103	1,734,150	11,000	SH	Call	DFND	2	11,000	0	0
WEST PHARMACEUTICAL SVSC INC	COM	955306105	419,023	1,190	SH		DFND	1	1,190	0	0
WESTERN DIGITAL CORP.	COM	958102105	12,359	236	SH		DFND	2	236	0	0
WESTERN DIGITAL CORP.	COM	958102105	1,555,389	29,700	SH	Put	DFND	2	29,700	0	0
WESTROCK CO	COM	96145D105	6,738,281	162,290	SH		DFND	2	162,290	0	0
WHITE MTNS INS GROUP LTD	COM	G9618E107	486,118	323	SH		DFND	1	323	0	0
WINGSTOP INC	COM	974155103	423,100	1,649	SH		DFND	1	1,649	0	0
WORKDAY INC	CL A	98138H101	1,940,702	7,030	SH		DFND	2	7,030	0	0
WYNN RESORTS LTD	COM	983134107	422,842	4,641	SH		DFND	1	4,641	0	0
XENCOR INC	COM	98401F105	973,374	45,849	SH		DFND	1	45,849	0	0
ZOOM VIDEO COMMUNICATIONS IN	CL A	98980L101	418,085	5,814	SH		DFND	1	5,814	0	0
ZOOM VIDEO COMMUNICATIONS IN	CL A	98980L101	58,607	815	SH		DFND	2	815	0	0