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 SER TR PORTFOLIO SandP500 | Com | 78464A854 | 21,963,520 | 343,180 | SH | | DFND | | 0 | 343,180 | 0 |
JANUS DETROIT STR TR HENDRSON AAA CL | Com | 47103U845 | 21,016,190 | 413,054 | SH | | DFND | | 0 | 413,054 | 0 |
FIRST TR EXCHNG TRADED FD VIII FT VEST UQ EQT | Com | 33740U505 | 19,904,980 | 467,802 | SH | | DFND | | 0 | 467,802 | 0 |
INVESCO EXCHANGE TRADED FD TR SandP500 EQL | Com | 46137V357 | 16,243,840 | 98,879 | SH | | DFND | | 0 | 98,879 | 0 |
PIMCO ETF TR MULTISECTOR BD | Com | 72201R585 | 12,762,130 | 497,743 | SH | | DFND | | 0 | 497,743 | 0 |
SPDR SER TR BLOOMBERG INVT | Com | 78468R200 | 12,469,380 | 404,193 | SH | | DFND | | 0 | 404,193 | 0 |
SELECT SECTOR SPDR TR RL EST SEL SEC | Com | 81369Y860 | 10,505,020 | 273,497 | SH | | DFND | | 0 | 273,497 | 0 |
ISHARES INC MSCI EMRG CHN | Com | 46434G764 | 9,193,520 | 155,296 | SH | | DFND | | 0 | 155,296 | 0 |
SPDR SER TR PORTFOLI SandP1500 | Com | 78464A805 | 9,186,670 | 138,457 | SH | | DFND | | 0 | 138,457 | 0 |
SPDR INDEX SHS FDS PORTFOLIO EMG MK | Com | 78463X509 | 9,108,290 | 241,791 | SH | | DFND | | 0 | 241,791 | 0 |
SSGA ACTIVE ETF TR BLACKSTONE SENR | Com | 78467V608 | 8,909,000 | 213,134 | SH | | DFND | | 0 | 213,134 | 0 |
SIMPLIFY EXCHANGE TRADED FUNDS ENHANCED INM | Com | 82889N632 | 8,841,460 | 363,846 | SH | | DFND | | 0 | 363,846 | 0 |
SELECT SECTOR SPDR TR SBI CONS DISCR | Com | 81369Y407 | 7,619,580 | 41,774 | SH | | DFND | | 0 | 41,774 | 0 |
INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF | Com | 46138G649 | 7,316,710 | 37,119 | SH | | DFND | | 0 | 37,119 | 0 |
BONDBLOXX ETF TRUST BLOOMBERG SEVEN | Com | 09789C820 | 7,220,800 | 153,634 | SH | | DFND | | 0 | 153,634 | 0 |
FIRST TR EXCHANGE-TRADED FD VI SMID RISNG ETF | Com | 33741X102 | 7,135,660 | 213,770 | SH | | DFND | | 0 | 213,770 | 0 |
VANGUARD WORLD FD COMM SRVC ETF | Com | 92204A884 | 6,689,710 | 48,406 | SH | | DFND | | 0 | 48,406 | 0 |
SELECT SECTOR SPDR TR INDL | Com | 81369Y704 | 5,962,120 | 48,922 | SH | | DFND | | 0 | 48,922 | 0 |
ISHARES TR SHORT TREAS BD | Com | 464288679 | 4,866,090 | 44,037 | SH | | DFND | | 0 | 44,037 | 0 |
SELECT SECTOR SPDR TR SBI CONS STPLS | Com | 81369Y308 | 4,589,290 | 59,928 | SH | | DFND | | 0 | 59,928 | 0 |
SELECT SECTOR SPDR TR ENERGY | Com | 81369Y506 | 2,616,920 | 28,710 | SH | | DFND | | 0 | 28,710 | 0 |
GOLDMAN SACHS ETF TR ACCES TREASURY | Com | 381430529 | 1,609,690 | 16,084 | SH | | DFND | | 0 | 16,084 | 0 |
ISHARES U S ETF TR BLACKROCK SH DUR | Com | 46431W507 | 1,149,080 | 22,831 | SH | | DFND | | 0 | 22,831 | 0 |
SPDR SandP 500 ETF TR TR UNIT | Com | 78462F103 | 190,480 | 350 | SH | | DFND | | 0 | 350 | 0 |
VICTORY PORTFOLIOS II SHORT TRM BD ETF | Com | 92647N535 | 65,140 | 1,308 | SH | | DFND | | 0 | 1,308 | 0 |
PIMCO ETF TR 0-5 HIGH YIELD | Com | 72201R783 | 31,330 | 338 | SH | | DFND | | 0 | 338 | 0 |
FIRST TR EXCHANGE-TRADED FD IV SENIOR LN FD | Com | 33738D309 | 22,670 | 496 | SH | | DFND | | 0 | 496 | 0 |
ISHARES TR ISHS 5-10YR INVT | Com | 464288638 | 17,840 | 348 | SH | | DFND | | 0 | 348 | 0 |
BNY MELLON ETF TRUST HIGH YIELD ETF | Com | 09661T800 | 16,130 | 342 | SH | | DFND | | 0 | 342 | 0 |
POWERSHARES ACTIVELY MANAGED ULTRA SHRT DUR | Com | 46090A887 | 11,630 | 233 | SH | | DFND | | 0 | 233 | 0 |