Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet 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

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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
ALPHABET INC	CAP STK CL C	02079K107	3,552	3,027	SH		OTR		3,027	0	0
AMERICAN EXPRESS CO	COM	025816109	545	4,418	SH		OTR		4,418	0	0
APPLE INC	COM	037833100	2,561	13,480	SH		OTR		13,480	0	0
BAIDU IN	SPON ADR REP A.	056752108	10,918	8,401	SH		OTR		8,401	0	0
BANK AMER CORP	COM	060505104	1,352	49,006	SH		OTR		49,006	0	0
BECTON DICKINSON & CO	COM	075887109	768	3,076	SH		OTR		3,076	0	0
CENTENE CORP DEL	COM	15135B101	23,393	43,850	SH		OTR		43,850	0	0
CIGNA CORP NEW	COM	125523100	16,171	8,728	SH		OTR		8,728	0	0
CISCO SYS INC	COM	17275R102	1,555	28,795	SH		OTR		28,795	0	0
CITIGROUP INC	COM NEW	172967424	1,276	20,503	SH		OTR		20,503	0	0
COMCAST CORP NEW	CL A	20030N101	1,623	40,584	SH		OTR		40,584	0	0
CVS HEALTH CORP	COM	126650100	1,476	27,093	SH		OTR		27,093	0	0
DELEK US HLDGS INC NEW	COM	24665A103	1,332	36,586	SH		OTR		36,586	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	596	5,866	SH		OTR		5,866	0	0
FACEBOOK INC	CL A	30303M102	1,956	11,737	SH		OTR		11,737	0	0
FEDEX CORP	COM	31428X106	1,513	8,341	SH		OTR		8,341	0	0
GENERAL MTRS CO	COM	37045V100	647	17,437	SH		OTR		17,437	0	0
GILEAD SCIENCES INC	COM	375558103	681	10,476	SH		OTR		10,476	0	0
GLOBAL MED REIT INC	COM NEW	37954A204	2,067	210,497	SH		OTR		210,497	0	0
GLOBAL X FDS	MSCI CHINA CNSMR	37950E408	1,252	75,103	SH		OTR		75,103	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	754	3,928	SH		OTR		3,928	0	0
HONEYWELL INTL INC	COM	438516106	1,490	9,375	SH		OTR		9,375	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	1,214	5,860	SH		OTR		5,860	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	1,114	6,200	SH		OTR		6,200	0	0
ISHARES INC	MSCI FRANCE ETF	464286707	5,440	177,480	SH		OTR		177,480	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	467	13,259	SH		OTR		13,259	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,097	25,640	SH		OTR		25,640	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	454	2,964	SH		OTR		2,964	0	0
JD COM INC	SPON ADR CL A	47215P106	1,964	65,141	SH		OTR		65,141	0	0
JPMORGAN CHASE & CO	COM	46625H100	3,196	31,573	SH		OTR		31,573	0	0
KRAFT HEINZ CO	COM	500754106	1,237	39,849	SH		OTR		39,849	0	0
KRANESHARES TR	CSI CHI INTERNET	500767306	2,839	64,593	SH		OTR		64,593	0	0
KRANESHARES TR	BOSERA MSCI CH	500767405	19,963	53,371	SH		OTR		53,371	0	0
LENNAR CORP	CL A	526057104	2,148	44,329	SH		OTR		44,329	0	0
MELCO RESORTS AND ENTMT LTD	ADR	585464100	1,063	47,063	SH		OTR		47,063	0	0
MICROSOFT CORP	COM	594918104	652	5,532	SH		OTR		5,532	0	0
MOHAWK INDS INC	COM	608190104	1,408	11,165	SH		OTR		11,165	0	0
MOMO INC	SH BEN INT	60879B107	18,634	45,457	SH		OTR		45,457	0	0
MOSAIC CO NEW	COM	61945C103	657	24,045	SH		OTR		24,045	0	0
NOBLE ENERGY INC	COM	655044105	508	22,676	SH		OTR		22,676	0	0
NVIDIA CORP	COM	67066G104	2,663	14,831	SH		OTR		14,831	0	0
ORMAT TECHNOLOGIES INC	COM	686688102	4,088	63,832	SH		OTR		63,832	0	0
OSHKOSH CORP	COM	688239201	5,430	72,279	SH		OTR		72,279	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	17,532	241,058	SH		OTR		241,058	0	0
PEPSICO INC	COM	713448108	818	6,671	SH		OTR		6,671	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,812	17,413	SH		OTR		17,413	0	0
QUDIAN INC	ADR	747798106	2,491	492,313	SH		OTR		492,313	0	0
RANGE RES CORP	COM	75281A109	1,006	89,481	SH		OTR		89,481	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	3,652	39,806	SH		OTR		39,806	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	216	3,851	SH		OTR		3,851	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	6,183	93,507	SH		OTR		93,507	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	6,634	258,017	SH		OTR		258,017	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	610	8,246	SH		OTR		8,246	0	0
SELECT SECTOR SPDR TR	COMMUNICATION	81369Y852	1,551	33,167	SH		OTR		33,167	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	1,873	51,722	SH		OTR		51,722	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	6,399	110,002	SH		OTR		110,002	0	0
SOLAREDGE TECHNOLOGIES INC	COM	83417M104	1,682	44,630	SH		OTR		44,630	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	7,060	70,387	SH		OTR		70,387	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	8,932	31,619	SH		OTR		31,619	0	0
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	5,525	179,746	SH		OTR		179,746	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	843	9,310	SH		OTR		9,310	0	0
VANECK VECTORS ETF TR	JR GOLD MINERS E	92189f791	1,422	44,807	SH		OTR		44,807	0	0
VISA INC	COM CL A	92826C839	2,218	14,201	SH		OTR		14,201	0	0
WYNN RESORTS LTD	COM	983134107	1,189	9,961	SH		OTR		9,961	0	0
YY INC	SPONSORED ADS A	98426T106	2,648	31,519	SH		OTR		31,519	0	0