Banco Santander (SAN) 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
3M CO	COM	88579Y101	14,524	68,927	SH		DFND	5	68,927	0	0
ABBOTT LABS	COM	002824100	341	4,649	SH		DFND	5	4,649	0	0
ABBOTT LABS	COM	002824100	252	3,435	SH		SOLE		3,435	0	0
ABBVIE INC	COM	00287Y109	1,727	18,257	SH		DFND	5	18,257	0	0
ABIOMED INC	COM	003654100	586	1,304	SH		DFND	5	1,304	0	0
ABIOMED INC	COM	003654100	68,069	151,349	SH		SOLE		151,349	0	0
ADOBE SYS INC	COM	00724F101	1,400	5,185	SH		DFND	5	5,185	0	0
ADOBE SYS INC	COM	00724F101	2,156	7,986	SH		DFND	3	7,986	0	0
ADOBE SYS INC	COM	00724F101	370	1,371	SH		DFND	2	1,371	0	0
ADOBE SYS INC	COM	00724F101	17,856	66,147	SH		SOLE		66,147	0	0
AETNA INC NEW	COM	00817Y108	264	1,301	SH		DFND	5	1,301	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	87	1,184	SH		DFND	5	1,184	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	3,870	52,900	SH		SOLE		52,900	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	664	5,276	SH		DFND	5	5,276	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	4,407	31,700	SH		SOLE		31,700	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	25,216	153,045	SH		DFND	5	153,045	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	455	2,762	SH		DFND	3	2,762	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	53	322	SH		DFND	2	322	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	29	174	SH		SOLE		174	0	0
ALIGN TECHNOLOGY INC	COM	016255101	47,885	122,400	SH		SOLE		122,400	0	0
ALLERGAN PLC	SHS	G0177J108	7,361	38,650	SH		DFND	5	38,650	0	0
ALLSTATE CORP	COM	020002101	1,154	11,687	SH		DFND	5	11,687	0	0
ALLY FINL INC	COM	02005N100	201	7,594	SH		DFND	5	7,594	0	0
ALPHABET INC	CAP STK CL C	02079K107	25,467	21,339	SH		DFND	5	21,339	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,056	1,703	SH		DFND	5	1,703	0	0
ALPHABET INC	CAP STK CL A	02079K305	6,056	5,017	SH		DFND	3	5,017	0	0
ALPHABET INC	CAP STK CL A	02079K305	880	729	SH		DFND	2	729	0	0
ALPHABET INC	CAP STK CL C	02079K107	939	787	SH		SOLE		787	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,360	1,127	SH		SOLE		1,127	0	0
ALTRIA GROUP INC	COM	02209S103	338	5,596	SH		DFND	5	5,596	0	0
ALTRIA GROUP INC	COM	02209S103	0	1	SH		SOLE		1	0	0
AMAZON COM INC	COM	023135106	28,312	14,135	SH		DFND	5	14,135	0	0
AMAZON COM INC	COM	023135106	7,203	3,596	SH		DFND	3	3,596	0	0
AMAZON COM INC	COM	023135106	1,176	587	SH		DFND	2	587	0	0
AMAZON COM INC	COM	023135106	48,463	24,195	SH		SOLE		24,195	0	0
AMBEV SA	SPONSORED ADR	02319V103	25,674	5,617,918	SH		DFND	5	5,617,918	0	0
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	4,938	307,448	SH		DFND	5	307,448	0	0
AMERICAN ELEC PWR INC	COM	025537101	45,191	637,572	SH		SOLE		637,572	0	0
AMERICAN EXPRESS CO	COM	025816109	24,096	226,274	SH		DFND	5	226,274	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	10,455	71,970	SH		DFND	5	71,970	0	0
AMGEN INC	COM	031162100	2,727	13,155	SH		DFND	5	13,155	0	0
AMGEN INC	COM	031162100	21	99	SH		SOLE		99	0	0
ANADARKO PETE CORP	COM	032511107	988	14,653	SH		DFND	5	14,653	0	0
ANADARKO PETE CORP	COM	032511107	1,233	18,296	SH		DFND	3	18,296	0	0
ANADARKO PETE CORP	COM	032511107	198	2,941	SH		DFND	2	2,941	0	0
ANADARKO PETE CORP	COM	032511107	85	1,258	SH		SOLE		1,258	0	0
ANALOG DEVICES INC	COM	032654105	946	10,231	SH		DFND	5	10,231	0	0
ANNALY CAP MGMT INC	COM	035710409	146	14,311	SH		DFND	5	14,311	0	0
ANTHEM INC	COM	036752103	877	3,199	SH		DFND	5	3,199	0	0
ANTHEM INC	COM	036752103	2,029	7,403	SH		DFND	3	7,403	0	0
ANTHEM INC	COM	036752103	374	1,363	SH		DFND	2	1,363	0	0
APPLE INC	COM	037833100	31,961	141,581	SH		DFND	5	141,581	0	0
APPLE INC	COM	037833100	4,708	20,856	SH		DFND	3	20,856	0	0
APPLE INC	COM	037833100	786	3,481	SH		DFND	2	3,481	0	0
APPLE INC	COM	037833100	1,241	5,497	SH		SOLE		5,497	0	0
APPLIED MATLS INC	COM	038222105	448	11,599	SH		DFND	5	11,599	0	0
APPLIED MATLS INC	COM	038222105	77	2,000	SH		SOLE		2,000	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	1,643	41,530	SH		DFND	5	41,530	0	0
AT&T INC	COM	00206R102	4,660	138,777	SH		DFND	5	138,777	0	0
AT&T INC	COM	00206R102	775	23,084	SH		SOLE		23,084	0	0
AUTODESK INC	COM	052769106	2,457	15,740	SH		DFND	5	15,740	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	565	3,750	SH		DFND	5	3,750	0	0
AUTOZONE INC	COM	053332102	594	766	SH		DFND	5	766	0	0
AUTOZONE INC	COM	053332102	5,585	7,200	SH		SOLE		7,200	0	0
BAIDU INC	SPON ADR REP A	056752108	1,280	5,600	SH		DFND	5	5,600	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	5,772	815,307	SH		DFND	5	815,307	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	4,331	611,728	SH		SOLE		611,728	0	0
BANCO MACRO SA	SPON ADR B	05961W105	2,482	60,005	SH		DFND	5	60,005	0	0
BANCO SANTANDER BRASIL S A	ADS REP 1 UNIT	05967A107	8,370	950,000	SH		SOLE		950,000	0	0
BANCO SANTANDER CHILE NEW	SP ADR REP COM	05965X109	8,134	254,350	SH		DFND	5	254,350	0	0
BANK AMER CORP	COM	060505104	801	27,175	SH		DFND	5	27,175	0	0
BANK AMER CORP	COM	060505104	11,766	399,399	SH		DFND	3	399,399	0	0
BANK AMER CORP	COM	060505104	3,718	125,537	SH		DFND	2	125,537	0	0
BANK AMER CORP	COM	060505104	181	6,129	SH		SOLE		6,129	0	0
BANK NEW YORK MELLON CORP	COM	064058100	214	4,190	SH		DFND	5	4,190	0	0
BARCLAYS PLC	ADR	06738E204	1,333	148,980	SH		DFND	5	148,980	0	0
BAXTER INTL INC	COM	071813109	212	2,744	SH		DFND	5	2,744	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	594	2,776	SH		DFND	5	2,776	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	2,995	13,987	SH		SOLE		13,987	0	0
BEST BUY INC	COM	086516101	747	9,415	SH		DFND	5	9,415	0	0
BIOGEN INC	COM	09062X103	1,122	3,176	SH		DFND	5	3,176	0	0
BIOGEN INC	COM	09062X103	27,382	77,500	SH		SOLE		77,500	0	0
BLACK KNIGHT INC	COM	09215C105	804	15,481	SH		DFND	5	15,481	0	0
BLACKROCK INC	COM	09247X101	14,938	31,693	SH		DFND	5	31,693	0	0
BLACKROCK INC	COM	09247X101	1,770	3,755	SH		DFND	3	3,755	0	0
BLACKROCK INC	COM	09247X101	290	616	SH		DFND	2	616	0	0
BOEING CO	COM	097023105	21,532	57,896	SH		DFND	5	57,896	0	0
BOEING CO	COM	097023105	9,435	25,370	SH		DFND	3	25,370	0	0
BOEING CO	COM	097023105	3,334	8,966	SH		DFND	2	8,966	0	0
BOEING CO	COM	097023105	27	73	SH		SOLE		73	0	0
BOOKING HLDGS INC	COM	09857L108	339	171	SH		DFND	5	171	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	353	9,171	SH		DFND	5	9,171	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	1,572	40,831	SH		DFND	3	40,831	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	253	6,577	SH		DFND	2	6,577	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	4,531	117,693	SH		SOLE		117,693	0	0
BRIGHT HORIZONS FAM SOL IN D	COM	109194100	833	7,070	SH		DFND	5	7,070	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	1,221	19,663	SH		DFND	5	19,663	0	0
BROADCOM INC	COM	11135F101	57	229	SH		DFND	5	229	0	0
BROADCOM INC	COM	11135F101	7,772	31,500	SH		DFND	3	31,500	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	18	405	SH		DFND	5	405	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	19,352	427,000	SH		SOLE		427,000	0	0
CAPITAL ONE FINL CORP	COM	14040H105	213	2,243	SH		DFND	5	2,243	0	0
CAPITAL ONE FINL CORP	COM	14040H105	2,691	28,346	SH		DFND	3	28,346	0	0
CAPITAL ONE FINL CORP	COM	14040H105	445	4,689	SH		DFND	2	4,689	0	0
CARMAX INC	COM	143130102	7,401	99,140	SH		DFND	5	99,140	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	901	14,127	SH		DFND	5	14,127	0	0
CATERPILLAR INC DEL	COM	149123101	17,077	111,990	SH		DFND	5	111,990	0	0
CATERPILLAR INC DEL	COM	149123101	26	168	SH		SOLE		168	0	0
CDW CORP	COM	12514G108	1,039	11,679	SH		DFND	5	11,679	0	0
CELGENE CORP	COM	151020104	67	751	SH		DFND	5	751	0	0
CELGENE CORP	COM	151020104	17,152	191,667	SH		SOLE		191,667	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	19,272	2,737,462	SH		DFND	5	2,737,462	0	0
CENTENE CORP DEL	COM	15135B101	193	1,332	SH		DFND	5	1,332	0	0
CENTENE CORP DEL	COM	15135B101	22,412	154,800	SH		SOLE		154,800	0	0
CENTERPOINT ENERGY INC	COM	15189T107	921	33,325	SH		DFND	5	33,325	0	0
CERNER CORP	COM	156782104	1,095	17,000	SH		DFND	5	17,000	0	0
CHEVRON CORP NEW	COM	166764100	11,922	97,498	SH		DFND	5	97,498	0	0
CHEVRON CORP NEW	COM	166764100	13,077	106,939	SH		DFND	3	106,939	0	0
CHEVRON CORP NEW	COM	166764100	4,350	35,405	SH		DFND	2	35,405	0	0
CHEVRON CORP NEW	COM	166764100	1,506	12,319	SH		SOLE		12,319	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	8,227	18,100	SH		SOLE		18,100	0	0
CHUBB LIMITED	COM	H1467J104	1,184	8,856	SH		DFND	3	8,856	0	0
CHUBB LIMITED	COM	H1467J104	186	1,393	SH		DFND	2	1,393	0	0
CINEMARK HOLDINGS INC	COM	17243V102	849	21,125	SH		DFND	5	21,125	0	0
CISCO SYS INC	COM	17275R102	11,173	229,670	SH		DFND	5	229,670	0	0
CISCO SYS INC	COM	17275R102	9,993	205,410	SH		DFND	3	205,410	0	0
CISCO SYS INC	COM	17275R102	4,149	85,285	SH		DFND	2	85,285	0	0
CISCO SYS INC	COM	17275R102	195	4,002	SH		SOLE		4,002	0	0
CITIGROUP INC	COM NEW	172967424	4,851	67,613	SH		DFND	5	67,613	0	0
CITIGROUP INC	COM NEW	172967424	13,168	183,546	SH		DFND	3	183,546	0	0
CITIGROUP INC	COM NEW	172967424	4,496	62,559	SH		DFND	2	62,559	0	0
CITIGROUP INC	COM NEW	172967424	747	10,417	SH		SOLE		10,417	0	0
CITIZENS FINL GROUP INC	COM	174610105	864	22,412	SH		DFND	5	22,412	0	0
CITRIX SYS INC	COM	177376100	689	6,197	SH		DFND	5	6,197	0	0
CITRIX SYS INC	COM	177376100	35,392	318,389	SH		SOLE		318,389	0	0
CME GROUP INC	COM CL A	12572Q105	7,860	46,176	SH		DFND	3	46,176	0	0
CME GROUP INC	COM CL A	12572Q105	2,856	16,781	SH		DFND	2	16,781	0	0
CME GROUP INC	COM CL A	12572Q105	8,299	48,758	SH		SOLE		48,758	0	0
CMS ENERGY CORP	COM	125896100	815	16,623	SH		DFND	5	16,623	0	0
COCA COLA CO	COM	191216100	6,516	141,063	SH		DFND	5	141,063	0	0
COCA COLA CO	COM	191216100	9,306	201,475	SH		DFND	3	201,475	0	0
COCA COLA CO	COM	191216100	3,168	68,593	SH		DFND	2	68,593	0	0
COCA COLA CO	COM	191216100	45,708	989,562	SH		SOLE		989,562	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	146	1,890	SH		DFND	5	1,890	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	487	6,307	SH		DFND	3	6,307	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	81	1,051	SH		DFND	2	1,051	0	0
COLGATE PALMOLIVE CO	COM	194162103	1,250	18,675	SH		DFND	5	18,675	0	0
COMCAST CORP NEW	CL A	20030N101	1,919	54,205	SH		DFND	5	54,205	0	0
COMCAST CORP NEW	CL A	20030N101	10,641	300,519	SH		DFND	3	300,519	0	0
COMCAST CORP NEW	CL A	20030N101	3,413	96,395	SH		DFND	2	96,395	0	0
COMCAST CORP NEW	CL A	20030N101	23	636	SH		SOLE		636	0	0
COMERICA INC	COM	200340107	858	9,512	SH		DFND	5	9,512	0	0
COMERICA INC	COM	200340107	10,797	119,700	SH		SOLE		119,700	0	0
COMPANHIA ENERGETICA DE MINA	SP ADR N-V PFD	204409601	397	232,083	SH		DFND	5	232,083	0	0
COMPANHIA PARANAENSE ENERG C	SPON ADR PFD	20441B407	393	74,585	SH		DFND	5	74,585	0	0
CONOCOPHILLIPS	COM	20825C104	1,210	15,633	SH		DFND	5	15,633	0	0
CONOCOPHILLIPS	COM	20825C104	1,676	21,648	SH		DFND	3	21,648	0	0
CONOCOPHILLIPS	COM	20825C104	276	3,569	SH		DFND	2	3,569	0	0
CONOCOPHILLIPS	COM	20825C104	35,859	463,300	SH		SOLE		463,300	0	0
COSTCO WHSL CORP NEW	COM	22160K105	326	1,387	SH		DFND	5	1,387	0	0
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	1,070	71,620	SH		DFND	5	71,620	0	0
CSX CORP	COM	126408103	716	9,672	SH		DFND	5	9,672	0	0
CVS HEALTH CORP	COM	126650100	8,624	109,547	SH		DFND	5	109,547	0	0
CVS HEALTH CORP	COM	126650100	1,167	14,829	SH		DFND	3	14,829	0	0
CVS HEALTH CORP	COM	126650100	185	2,346	SH		DFND	2	2,346	0	0
CVS HEALTH CORP	COM	126650100	148	1,881	SH		SOLE		1,881	0	0
D R HORTON INC	COM	23331A109	893	21,165	SH		DFND	5	21,165	0	0
D R HORTON INC	COM	23331A109	29	688	SH		SOLE		688	0	0
DBX ETF TR	XTRACK MSCI JAPN	233051507	1,441	32,349	SH		DFND	5	32,349	0	0
DBX ETF TR	XTRACK MSCI EURP	233051853	4,665	163,285	SH		DFND	5	163,285	0	0
DBX ETF TR	XTRACK MSCI EURP	233051853	11,164	390,745	SH		DFND	1	390,745	0	0
DEERE & CO	COM	244199105	1,878	12,490	SH		DFND	5	12,490	0	0
DEERE & CO	COM	244199105	692	4,600	SH		SOLE		4,600	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	881	15,242	SH		DFND	5	15,242	0	0
DEUTSCHE BANK AG	NAMEN AKT	D18190898	2,040	179,307	SH		SOLE		179,307	0	0
DISCOVER FINL SVCS	COM	254709108	178	2,334	SH		DFND	5	2,334	0	0
DISCOVER FINL SVCS	COM	254709108	3,593	47,000	SH		SOLE		47,000	0	0
DISCOVERY INC	COM SER C	25470F302	21,567	729,100	SH		SOLE		729,100	0	0
DISNEY WALT CO	COM DISNEY	254687106	15,385	131,561	SH		DFND	5	131,561	0	0
DISNEY WALT CO	COM DISNEY	254687106	1,692	14,471	SH		SOLE		14,471	0	0
DOLLAR GEN CORP NEW	COM	256677105	193	1,763	SH		DFND	5	1,763	0	0
DOLLAR GEN CORP NEW	COM	256677105	789	7,216	SH		DFND	3	7,216	0	0
DOLLAR GEN CORP NEW	COM	256677105	135	1,233	SH		DFND	2	1,233	0	0
DOWDUPONT INC	COM	26078J100	2,069	32,172	SH		DFND	5	32,172	0	0
DOWDUPONT INC	COM	26078J100	6,678	103,836	SH		DFND	3	103,836	0	0
DTE ENERGY CO	COM	233331107	407	3,732	SH		DFND	5	3,732	0	0
DTE ENERGY CO	COM	233331107	20,778	190,400	SH		SOLE		190,400	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	212	2,649	SH		DFND	5	2,649	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	23,900	456,200	SH		SOLE		456,200	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	229	1,315	SH		DFND	5	1,315	0	0
ELECTRONIC ARTS INC	COM	285512109	1	7	SH		DFND	3	7	0	0
ELECTRONIC ARTS INC	COM	285512109	10,981	91,134	SH		SOLE		91,134	0	0
EMBRAER S A	SP ADR REP 4 COM	29082A107	5,847	298,490	SH		DFND	5	298,490	0	0
EMERSON ELEC CO	COM	291011104	3,134	40,928	SH		DFND	5	40,928	0	0
EMPRESA DIST Y COMERCIAL NOR	SPON ADR	29244A102	2,444	97,760	SH		DFND	5	97,760	0	0
ENEL AMERICAS S A	SPONSORED ADR	29274F104	5,633	728,720	SH		DFND	5	728,720	0	0
ENI S P A	SPONSORED ADR	26874R108	1,121	29,760	SH		DFND	5	29,760	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	929	14,021	SH		DFND	5	14,021	0	0
EVERSOURCE ENERGY	COM	30040W108	99	1,614	SH		DFND	5	1,614	0	0
EVERSOURCE ENERGY	COM	30040W108	11,926	194,100	SH		SOLE		194,100	0	0
EXELON CORP	COM	30161N101	1,224	28,024	SH		DFND	5	28,024	0	0
EXPEDITORS INTL WASH INC	COM	302130109	1,666	22,662	SH		DFND	5	22,662	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	249	2,616	SH		DFND	5	2,616	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	76,008	800,000	SH		SOLE		800,000	0	0
EXXON MOBIL CORP	COM	30231G102	20,897	245,786	SH		DFND	5	245,786	0	0
EXXON MOBIL CORP	COM	30231G102	252	2,961	SH		SOLE		2,961	0	0
F5 NETWORKS INC	COM	315616102	166	833	SH		DFND	5	833	0	0
F5 NETWORKS INC	COM	315616102	10,948	54,900	SH		SOLE		54,900	0	0
FACEBOOK INC	CL A	30303M102	31,749	193,050	SH		DFND	5	193,050	0	0
FACEBOOK INC	CL A	30303M102	2,346	14,267	SH		DFND	3	14,267	0	0
FACEBOOK INC	CL A	30303M102	374	2,276	SH		DFND	2	2,276	0	0
FACEBOOK INC	CL A	30303M102	76,217	463,440	SH		SOLE		463,440	0	0
FACTSET RESH SYS INC	COM	303075105	971	4,340	SH		DFND	5	4,340	0	0
FANG HLDGS LTD	ADR	30711Y102	3,108	1,200,000	SH		SOLE		1,200,000	0	0
FIAT CHRYSLER AUTOMOBILES N	SHS	N31738102	755	43,106	SH		SOLE		43,106	0	0
FIBRIA CELULOSE S A	SP ADR REP COM	31573A109	11,048	596,217	SH		DFND	5	596,217	0	0
FIFTH THIRD BANCORP	COM	316773100	875	31,348	SH		DFND	5	31,348	0	0
FIRST TR LRG CP VL ALPHADEX	COM SHS	33735J101	9,333	172,263	SH		DFND	1	172,263	0	0
FIRST TR LRGE CP CORE ALPHA	COM SHS	33734K109	14,525	232,507	SH		DFND	1	232,507	0	0
FLIR SYS INC	COM	302445101	822	13,367	SH		DFND	5	13,367	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	14,240	143,879	SH		DFND	5	143,879	0	0
FORTINET INC	COM	34959E109	436	4,722	SH		DFND	5	4,722	0	0
FORTIVE CORP	COM	34959J108	1,772	21,046	SH		DFND	3	21,046	0	0
FORTIVE CORP	COM	34959J108	274	3,259	SH		DFND	2	3,259	0	0
FRANCESCAS HLDGS CORP	COM	351793104	37	10,000	SH		DFND	5	10,000	0	0
GENERAL ELECTRIC CO	COM	369604103	1,197	106,030	SH		DFND	5	106,030	0	0
GENERAL ELECTRIC CO	COM	369604103	4,906	434,569	SH		SOLE		434,569	0	0
GENERAL MTRS CO	COM	37045V100	979	29,078	SH		DFND	5	29,078	0	0
GILEAD SCIENCES INC	COM	375558103	429	5,550	SH		DFND	5	5,550	0	0
GILEAD SCIENCES INC	COM	375558103	214	2,770	SH		SOLE		2,770	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	1,435	35,720	SH		DFND	5	35,720	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	31,157	138,943	SH		DFND	5	138,943	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	45	200	SH		SOLE		200	0	0
GRUPO FINANCIERO GALICIA S A	SP ADR 10 SH B	399909100	2,340	92,000	SH		DFND	5	92,000	0	0
HALLIBURTON CO	COM	406216101	384	9,475	SH		DFND	5	9,475	0	0
HALLIBURTON CO	COM	406216101	236	5,813	SH		SOLE		5,813	0	0
HARRIS CORP DEL	COM	413875105	169	996	SH		DFND	5	996	0	0
HARRIS CORP DEL	COM	413875105	139	823	SH		SOLE		823	0	0
HCA HEALTHCARE INC	COM	40412C101	218	1,565	SH		DFND	5	1,565	0	0
HOLLYFRONTIER CORP	COM	436106108	876	12,538	SH		DFND	5	12,538	0	0
HOME DEPOT INC	COM	437076102	22,293	107,617	SH		DFND	5	107,617	0	0
HOME DEPOT INC	COM	437076102	210	1,013	SH		SOLE		1,013	0	0
HONEYWELL INTL INC	COM	438516106	4,856	29,180	SH		DFND	5	29,180	0	0
HONEYWELL INTL INC	COM	438516106	2,447	14,708	SH		DFND	3	14,708	0	0
HONEYWELL INTL INC	COM	438516106	382	2,295	SH		DFND	2	2,295	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	898	42,551	SH		DFND	5	42,551	0	0
HP INC	COM	40434L105	222	8,603	SH		DFND	5	8,603	0	0
HP INC	COM	40434L105	8,389	325,544	SH		DFND	3	325,544	0	0
HP INC	COM	40434L105	3,109	120,645	SH		DFND	2	120,645	0	0
HP INC	COM	40434L105	159	6,180	SH		SOLE		6,180	0	0
HSBC HLDGS PLC	SPON ADR NEW	404280406	1,068	24,288	SH		DFND	5	24,288	0	0
HUMANA INC	COM	444859102	512	1,512	SH		DFND	5	1,512	0	0
IDEXX LABS INC	COM	45168D104	940	3,766	SH		DFND	5	3,766	0	0
IDEXX LABS INC	COM	45168D104	48,534	194,400	SH		SOLE		194,400	0	0
ILLINOIS TOOL WKS INC	COM	452308109	7,180	50,885	SH		DFND	5	50,885	0	0
INCYTE CORP	COM	45337C102	13,701	198,338	SH		SOLE		198,338	0	0
INGREDION INC	COM	457187102	666	6,345	SH		DFND	5	6,345	0	0
INTEL CORP	COM	458140100	8,313	175,786	SH		DFND	5	175,786	0	0
INTEL CORP	COM	458140100	278	5,876	SH		SOLE		5,876	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	22,313	147,566	SH		DFND	5	147,566	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	214	1,412	SH		SOLE		1,412	0	0
INTUIT	COM	461202103	1,331	5,854	SH		DFND	5	5,854	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	189	1,016	SH		DFND	5	1,016	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	9,003	48,459	SH		DFND	1	48,459	0	0
ISHARES GOLD TRUST	ISHARES	464285105	1,202	105,203	SH		DFND	3	105,203	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	8,957	265,541	SH		DFND	5	265,541	0	0
ISHARES INC	MSCI EURZONE ETF	464286608	1,388	33,844	SH		DFND	5	33,844	0	0
ISHARES INC	MSCI CHILE ETF	464286640	6,511	143,708	SH		DFND	5	143,708	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	12,368	272,301	SH		DFND	5	272,301	0	0
ISHARES INC	MSCI STH KOR ETF	464286772	1,292	18,920	SH		DFND	5	18,920	0	0
ISHARES INC	MSCI HONG KG ETF	464286871	1,861	77,800	SH		DFND	5	77,800	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	5,299	102,340	SH		DFND	5	102,340	0	0
ISHARES INC	MSCI TAIWAN ETF	46434G772	1,144	30,340	SH		DFND	5	30,340	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	694	11,525	SH		DFND	5	11,525	0	0
ISHARES INC	MSCI AUST ETF	464286103	501	22,660	SH		DFND	3	22,660	0	0
ISHARES INC	MSCI CDA ETF	464286509	1,529	53,110	SH		DFND	3	53,110	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	1,789	39,394	SH		DFND	3	39,394	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	14,358	238,388	SH		DFND	3	238,388	0	0
ISHARES INC	MSCI AUST ETF	464286103	59	2,658	SH		DFND	2	2,658	0	0
ISHARES INC	MSCI CDA ETF	464286509	178	6,170	SH		DFND	2	6,170	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	211	4,646	SH		DFND	2	4,646	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	2,975	49,396	SH		DFND	2	49,396	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	184	5,447	SH		SOLE		5,447	0	0
ISHARES INC	MSCI CDA ETF	464286509	37	1,270	SH		SOLE		1,270	0	0
ISHARES INC	MSCI CHILE ETF	464286640	1,111	24,524	SH		SOLE		24,524	0	0
ISHARES INC	MSCI MEXICO ETF	464286822	751	14,670	SH		SOLE		14,670	0	0
ISHARES TR	CORE S&P TTL STK	464287150	2,199	33,000	SH		DFND	5	33,000	0	0
ISHARES TR	CORE S&P500 ETF	464287200	122,452	418,310	SH		DFND	5	418,310	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	41,976	978,003	SH		DFND	5	978,003	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	1,501	13,060	SH		DFND	5	13,060	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	12,955	73,120	SH		DFND	5	73,120	0	0
ISHARES TR	LATN AMER 40 ETF	464287390	10,806	344,238	SH		DFND	5	344,238	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	500	4,320	SH		DFND	5	4,320	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	1,022	10,100	SH		DFND	5	10,100	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	1,975	23,769	SH		DFND	5	23,769	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	1,838	9,130	SH		DFND	5	9,130	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	6,329	37,550	SH		DFND	5	37,550	0	0
ISHARES TR	EUROPE ETF	464287861	25,391	563,374	SH		DFND	5	563,374	0	0
ISHARES TR	MSCI AC ASIA ETF	464288182	4,033	57,111	SH		DFND	5	57,111	0	0
ISHARES TR	MSCI ACWI ETF	464288257	13,752	185,190	SH		DFND	5	185,190	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	190	2,200	SH		DFND	5	2,200	0	0
ISHARES TR	SHORT TREAS BD	464288679	163,616	1,481,490	SH		DFND	5	1,481,490	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	15,022	294,440	SH		DFND	5	294,440	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	3,988	45,710	SH		DFND	5	45,710	0	0
ISHARES TR	CORE S&P500 ETF	464287200	9,921	33,892	SH		DFND	3	33,892	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	8,029	187,078	SH		DFND	3	187,078	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	4,340	42,896	SH		DFND	3	42,896	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	247	1,464	SH		DFND	3	1,464	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1,866	23,315	SH		DFND	3	23,315	0	0
ISHARES TR	MSCI ACWI ETF	464288257	7,084	95,391	SH		DFND	3	95,391	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	1,648	28,894	SH		DFND	3	28,894	0	0
ISHARES TR	3 7 YR TREAS BD	464288661	395	3,317	SH		DFND	3	3,317	0	0
ISHARES TR	CORE S&P500 ETF	464287200	3,512	11,996	SH		DFND	2	11,996	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	2,152	50,135	SH		DFND	2	50,135	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	305	3,814	SH		DFND	2	3,814	0	0
ISHARES TR	CORE S&P500 ETF	464287200	28	95	SH		DFND	1	95	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	5,486	127,817	SH		DFND	1	127,817	0	0
ISHARES TR	MSCI ACWI ETF	464288257	1,579	21,260	SH		DFND	1	21,260	0	0
ISHARES TR	SHORT TREAS BD	464288679	1,474	13,345	SH		DFND	1	13,345	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	820	16,073	SH		DFND	1	16,073	0	0
ISHARES TR	HDG MSCI JAPAN	46434V886	4,153	121,267	SH		DFND	1	121,267	0	0
ISHARES TR	U.S. TECH ETF	464287721	2,020	10,411	SH		DFND	1	10,411	0	0
ISHARES TR	0-5YR HI YL CP	46434V407	412	8,752	SH		DFND	1	8,752	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,109	25,909	SH		SOLE		25,909	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	5,563	129,604	SH		SOLE		129,604	0	0
ISHARES TR	MSCI AC ASIA ETF	464288182	462	6,537	SH		SOLE		6,537	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	190	2,200	SH		SOLE		2,200	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	1,383	27,098	SH		SOLE		27,098	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	59,892	5,454,678	SH		DFND	5	5,454,678	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	220	20,055	SH		DFND	3	20,055	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	25	2,233	SH		DFND	2	2,233	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	9	830	SH		SOLE		830	0	0
JOHNSON & JOHNSON	COM	478160104	17,453	126,312	SH		DFND	5	126,312	0	0
JOHNSON & JOHNSON	COM	478160104	9,730	70,420	SH		DFND	3	70,420	0	0
JOHNSON & JOHNSON	COM	478160104	3,262	23,607	SH		DFND	2	23,607	0	0
JOHNSON & JOHNSON	COM	478160104	2,959	21,416	SH		SOLE		21,416	0	0
JPMORGAN CHASE & CO	COM	46625H100	30,776	272,737	SH		DFND	5	272,737	0	0
JPMORGAN CHASE & CO	COM	46625H100	6,904	61,187	SH		DFND	3	61,187	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,979	17,542	SH		DFND	2	17,542	0	0
JPMORGAN CHASE & CO	COM	46625H100	223	1,980	SH		SOLE		1,980	0	0
JUNIPER NETWORKS INC	COM	48203R104	4,493	149,924	SH		DFND	5	149,924	0	0
KINDER MORGAN INC DEL	COM	49456B101	190	10,691	SH		DFND	5	10,691	0	0
KINDER MORGAN INC DEL	COM	49456B101	22	1,220	SH		SOLE		1,220	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	20,564	118,400	SH		SOLE		118,400	0	0
LAM RESEARCH CORP	COM	512807108	912	6,011	SH		DFND	5	6,011	0	0
LAMAR ADVERTISING CO NEW	CL A	512816109	834	10,723	SH		DFND	5	10,723	0	0
LATAM AIRLS GROUP S A	SPONSORED ADR	51817R106	5,666	602,810	SH		DFND	5	602,810	0	0
LAUDER ESTEE COS INC	CL A	518439104	970	6,676	SH		DFND	5	6,676	0	0
LAUDER ESTEE COS INC	CL A	518439104	581	3,997	SH		DFND	3	3,997	0	0
LAUDER ESTEE COS INC	CL A	518439104	98	676	SH		DFND	2	676	0	0
LILLY ELI & CO	COM	532457108	5,236	48,797	SH		DFND	5	48,797	0	0
LKQ CORP	COM	501889208	11,740	370,700	SH		SOLE		370,700	0	0
LOWES COS INC	COM	548661107	309	2,687	SH		DFND	5	2,687	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	3,915	38,187	SH		DFND	3	38,187	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,409	13,741	SH		DFND	2	13,741	0	0
MANPOWERGROUP INC	COM	56418H100	236	2,745	SH		DFND	5	2,745	0	0
MARATHON PETE CORP	COM	56585A102	1,081	13,516	SH		DFND	5	13,516	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	520	2,335	SH		DFND	5	2,335	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	131	590	SH		SOLE		590	0	0
MCDONALDS CORP	COM	580135101	9,354	55,917	SH		DFND	5	55,917	0	0
MCDONALDS CORP	COM	580135101	9,513	56,866	SH		SOLE		56,866	0	0
MEDTRONIC PLC	SHS	G5960L103	3,034	30,843	SH		DFND	3	30,843	0	0
MEDTRONIC PLC	SHS	G5960L103	484	4,919	SH		DFND	2	4,919	0	0
MERCK & CO INC	COM	58933Y105	14,123	199,081	SH		DFND	5	199,081	0	0
MERCK & CO INC	COM	58933Y105	6,651	93,757	SH		DFND	3	93,757	0	0
MERCK & CO INC	COM	58933Y105	2,512	35,413	SH		DFND	2	35,413	0	0
MERCK & CO INC	COM	58933Y105	80	1,129	SH		SOLE		1,129	0	0
METLIFE INC	COM	59156R108	629	13,460	SH		SOLE		13,460	0	0
MICHAEL KORS HLDGS LTD	SHS	G60754101	12,560	183,200	SH		SOLE		183,200	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	14,676	186,020	SH		DFND	5	186,020	0	0
MICRON TECHNOLOGY INC	COM	595112103	291	6,427	SH		DFND	5	6,427	0	0
MICROSOFT CORP	COM	594918104	21,767	190,325	SH		DFND	5	190,325	0	0
MICROSOFT CORP	COM	594918104	18,106	158,311	SH		DFND	3	158,311	0	0
MICROSOFT CORP	COM	594918104	7,155	62,557	SH		DFND	2	62,557	0	0
MICROSOFT CORP	COM	594918104	835	7,302	SH		SOLE		7,302	0	0
MONDELEZ INTL INC	CL A	609207105	10,193	237,302	SH		DFND	5	237,302	0	0
MONDELEZ INTL INC	CL A	609207105	9,481	220,692	SH		DFND	3	220,692	0	0
MONDELEZ INTL INC	CL A	609207105	3,166	73,708	SH		DFND	2	73,708	0	0
MONDELEZ INTL INC	CL A	609207105	20	476	SH		SOLE		476	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	1,947	33,410	SH		DFND	5	33,410	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	709	12,158	SH		DFND	3	12,158	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	107	1,829	SH		DFND	2	1,829	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	18	314	SH		SOLE		314	0	0
MORGAN STANLEY	COM NEW	617446448	8,181	175,662	SH		DFND	5	175,662	0	0
MSCI INC	COM	55354G100	250	1,409	SH		DFND	5	1,409	0	0
MYLAN N V	SHS EURO	N59465109	646	17,657	SH		SOLE		17,657	0	0
NETFLIX INC	COM	64110L106	5,391	14,410	SH		DFND	5	14,410	0	0
NETFLIX INC	COM	64110L106	6,548	17,503	SH		DFND	3	17,503	0	0
NETFLIX INC	COM	64110L106	2,035	5,438	SH		DFND	2	5,438	0	0
NETFLIX INC	COM	64110L106	60	161	SH		SOLE		161	0	0
NEXTERA ENERGY INC	COM	65339F101	3,534	21,087	SH		DFND	3	21,087	0	0
NEXTERA ENERGY INC	COM	65339F101	566	3,378	SH		DFND	2	3,378	0	0
NEXTERA ENERGY INC	COM	65339F101	40	240	SH		SOLE		240	0	0
NIKE INC	CL B	654106103	1,983	23,408	SH		DFND	5	23,408	0	0
NORFOLK SOUTHERN CORP	COM	655844108	454	2,517	SH		DFND	5	2,517	0	0
NORTHROP GRUMMAN CORP	COM	666807102	13,964	44,000	SH		SOLE		44,000	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	3,247	37,680	SH		DFND	5	37,680	0	0
NOVO-NORDISK A S	ADR	670100205	1,513	32,100	SH		DFND	5	32,100	0	0
NUCOR CORP	COM	670346105	906	14,272	SH		DFND	5	14,272	0	0
NVIDIA CORP	COM	67066G104	11,325	40,301	SH		DFND	5	40,301	0	0
NVIDIA CORP	COM	67066G104	1,519	5,404	SH		DFND	3	5,404	0	0
NVIDIA CORP	COM	67066G104	249	887	SH		DFND	2	887	0	0
NVIDIA CORP	COM	67066G104	61	216	SH		SOLE		216	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	953	2,743	SH		DFND	5	2,743	0	0
OI S A	SPONSORED ADR NE	670851500	10,451	3,828,080	SH		DFND	5	3,828,080	0	0
OI S A	SPONSORED ADR NE	670851500	10,451	3,828,080	SH		SOLE		3,828,080	0	0
ORACLE CORP	COM	68389X105	3,660	70,987	SH		DFND	5	70,987	0	0
ORACLE CORP	COM	68389X105	11,714	227,182	SH		DFND	3	227,182	0	0
ORACLE CORP	COM	68389X105	4,508	87,425	SH		DFND	2	87,425	0	0
ORACLE CORP	COM	68389X105	21	398	SH		SOLE		398	0	0
PALO ALTO NETWORKS INC	COM	697435105	891	3,955	SH		DFND	5	3,955	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	2,955	95,170	SH		DFND	5	95,170	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	153	4,926	SH		DFND	3	4,926	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	14	458	SH		DFND	2	458	0	0
PARK HOTELS RESORTS INC	COM	700517105	832	25,341	SH		DFND	5	25,341	0	0
PARKER HANNIFIN CORP	COM	701094104	12,003	65,259	SH		DFND	5	65,259	0	0
PAYPAL HLDGS INC	COM	70450Y103	3,190	36,320	SH		DFND	5	36,320	0	0
PAYPAL HLDGS INC	COM	70450Y103	74	837	SH		SOLE		837	0	0
PEPSICO INC	COM	713448108	428	3,828	SH		DFND	5	3,828	0	0
PEPSICO INC	COM	713448108	1,038	9,285	SH		SOLE		9,285	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	23,506	2,247,221	SH		DFND	5	2,247,221	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	18,296	1,515,842	SH		DFND	5	1,515,842	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	633	52,408	SH		DFND	3	52,408	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	83	6,839	SH		DFND	2	6,839	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	905	75,000	SH		SOLE		75,000	0	0
PFIZER INC	COM	717081103	16,551	375,553	SH		DFND	5	375,553	0	0
PFIZER INC	COM	717081103	2,192	49,731	SH		DFND	3	49,731	0	0
PFIZER INC	COM	717081103	352	7,985	SH		DFND	2	7,985	0	0
PFIZER INC	COM	717081103	313	7,110	SH		SOLE		7,110	0	0
PG&E CORP	COM	69331C108	16,927	367,900	SH		SOLE		367,900	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,453	17,824	SH		DFND	5	17,824	0	0
PHILIP MORRIS INTL INC	COM	718172109	55	677	SH		SOLE		677	0	0
PHILLIPS 66	COM	718546104	1,252	11,105	SH		DFND	5	11,105	0	0
PNC FINL SVCS GROUP INC	COM	693475105	251	1,846	SH		DFND	5	1,846	0	0
PROCTER AND GAMBLE CO	COM	742718109	4,418	53,081	SH		DFND	5	53,081	0	0
PROCTER AND GAMBLE CO	COM	742718109	7,230	86,873	SH		DFND	3	86,873	0	0
PROCTER AND GAMBLE CO	COM	742718109	2,762	33,181	SH		DFND	2	33,181	0	0
PROCTER AND GAMBLE CO	COM	742718109	219	2,633	SH		SOLE		2,633	0	0
PROGRESSIVE CORP OHIO	COM	743315103	1,007	14,172	SH		DFND	5	14,172	0	0
PROOFPOINT INC	COM	743424103	1,937	18,220	SH		DFND	5	18,220	0	0
PRUDENTIAL PLC	ADR	74435K204	1,312	28,590	SH		DFND	5	28,590	0	0
QUALCOMM INC	COM	747525103	1,911	26,531	SH		DFND	5	26,531	0	0
QUALCOMM INC	COM	747525103	35	488	SH		SOLE		488	0	0
QUANTA SVCS INC	COM	74762E102	3,532	105,800	SH		SOLE		105,800	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	1,899	4,700	SH		DFND	5	4,700	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	1,627	12,523	SH		DFND	3	12,523	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	246	1,896	SH		DFND	2	1,896	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	13,192	193,601	SH		DFND	5	193,601	0	0
S&P GLOBAL INC	COM	78409V104	5,677	29,057	SH		DFND	5	29,057	0	0
SALESFORCE COM INC	COM	79466L302	19,122	120,244	SH		DFND	5	120,244	0	0
SALESFORCE COM INC	COM	79466L302	175	1,100	SH		SOLE		1,100	0	0
SANTANDER CONSUMER USA HDG I	COM	80283M101	4,921,695	245,593,555	SH		DFND	4	245,593,555	0	0
SCHLUMBERGER LTD	COM	806857108	2,599	42,658	SH		DFND	5	42,658	0	0
SCHLUMBERGER LTD	COM	806857108	2,044	33,548	SH		DFND	3	33,548	0	0
SCHLUMBERGER LTD	COM	806857108	333	5,471	SH		DFND	2	5,471	0	0
SCHLUMBERGER LTD	COM	806857108	1,029	16,893	SH		SOLE		16,893	0	0
SEI INVESTMENTS CO	COM	784117103	1,425	23,330	SH		DFND	5	23,330	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	4,135	76,680	SH		DFND	5	76,680	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	4,177	35,630	SH		DFND	5	35,630	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	2,830	37,365	SH		DFND	5	37,365	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	999	36,210	SH		DFND	5	36,210	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	4,593	58,590	SH		DFND	5	58,590	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	12,327	163,635	SH		DFND	5	163,635	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	1,930	36,650	SH		DFND	5	36,650	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	2,456	42,390	SH		DFND	5	42,390	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	4,361	80,872	SH		DFND	3	80,872	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	4,925	65,021	SH		DFND	3	65,021	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	4,739	171,810	SH		DFND	3	171,810	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	2,996	38,210	SH		DFND	3	38,210	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	435	13,333	SH		DFND	3	13,333	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	1,291	23,935	SH		DFND	2	23,935	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	676	8,926	SH		DFND	2	8,926	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,224	44,380	SH		DFND	2	44,380	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	495	6,319	SH		DFND	2	6,319	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	2,070	75,042	SH		DFND	1	75,042	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	1,900	25,082	SH		SOLE		25,082	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,514	54,891	SH		SOLE		54,891	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	89	1,188	SH		SOLE		1,188	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	18	564	SH		SOLE		564	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	4,896	93,000	SH		SOLE		93,000	0	0
SERVICENOW INC	COM	81762P102	8,096	41,385	SH		DFND	5	41,385	0	0
SHERWIN WILLIAMS CO	COM	824348106	744	1,634	SH		DFND	5	1,634	0	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	851	7,407	SH		DFND	5	7,407	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	231	1,308	SH		DFND	5	1,308	0	0
SOUTHWEST AIRLS CO	COM	844741108	267	4,283	SH		DFND	5	4,283	0	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	1,130	4,273	SH		DFND	5	4,273	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	12,183	108,041	SH		DFND	3	108,041	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	3,226	28,607	SH		SOLE		28,607	0	0
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	10,436	272,686	SH		DFND	5	272,686	0	0
SPDR INDEX SHS FDS	ASIA PACIF ETF	78463X301	5,771	59,590	SH		DFND	5	59,590	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	5,608	58,010	SH		DFND	5	58,010	0	0
SPDR INDEX SHS FDS	PORTFOLIO EMG MK	78463X509	7,399	212,440	SH		DFND	5	212,440	0	0
SPDR INDEX SHS FDS	PORTFOLIO DEVLPD	78463X889	1,114	36,203	SH		DFND	5	36,203	0	0
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	91	2,380	SH		SOLE		2,380	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	121	1,250	SH		SOLE		1,250	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	108,329	372,624	SH		DFND	5	372,624	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	34,429	118,427	SH		DFND	3	118,427	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	9,738	33,498	SH		DFND	2	33,498	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	12,279	42,236	SH		DFND	1	42,236	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	11,196	38,511	SH		SOLE		38,511	0	0
SPDR SER TR	SPDR BLOOMBERG	78468R663	3,065	33,469	SH		DFND	3	33,469	0	0
SPDR SER TR	BLOOMBERG SRT TR	78468R408	413	14,955	SH		DFND	1	14,955	0	0
SPDR SER TR	SPDR BLOOMBERG	78468R663	411	4,488	SH		DFND	1	4,488	0	0
SPDR SERIES TRUST	PORTFOLIO AGRGTE	78464A649	1,718	62,000	SH		DFND	5	62,000	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	3,580	37,345	SH		DFND	3	37,345	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	585	6,099	SH		DFND	2	6,099	0	0
SPDR SERIES TRUST	PORTFOLIO AGRGTE	78464A649	610	22,000	SH		SOLE		22,000	0	0
SPLUNK INC	COM	848637104	447	3,701	SH		DFND	5	3,701	0	0
STARBUCKS CORP	COM	855244109	7,504	132,020	SH		DFND	5	132,020	0	0
STARBUCKS CORP	COM	855244109	1,435	25,244	SH		DFND	3	25,244	0	0
STARBUCKS CORP	COM	855244109	231	4,071	SH		DFND	2	4,071	0	0
STARBUCKS CORP	COM	855244109	806	14,173	SH		SOLE		14,173	0	0
STEEL DYNAMICS INC	COM	858119100	347	7,676	SH		DFND	5	7,676	0	0
STRYKER CORP	COM	863667101	3,169	17,840	SH		DFND	5	17,840	0	0
SVB FINL GROUP	COM	78486Q101	312	1,004	SH		DFND	5	1,004	0	0
SVB FINL GROUP	COM	78486Q101	4,880	15,700	SH		SOLE		15,700	0	0
SYNOPSYS INC	COM	871607107	158	1,607	SH		DFND	5	1,607	0	0
SYNOPSYS INC	COM	871607107	2,455	24,900	SH		SOLE		24,900	0	0
T MOBILE US INC	COM	872590104	646	9,209	SH		DFND	5	9,209	0	0
TAL ED GROUP	SPONSORED ADS	874080104	13,088	509,160	SH		DFND	5	509,160	0	0
TARGET CORP	COM	87612E106	1,241	14,065	SH		DFND	5	14,065	0	0
TEEKAY CORPORATION	COM	Y8564W103	114	16,860	SH		SOLE		16,860	0	0
TELEFONICA S A	SPONSORED ADR	879382208	1,521	193,456	SH		DFND	5	193,456	0	0
TENARIS S A	SPONSORED ADR	88031M109	5,148	153,570	SH		DFND	5	153,570	0	0
TERNIUM SA	SPON ADR	880890108	210	6,940	SH		DFND	5	6,940	0	0
TEXAS INSTRS INC	COM	882508104	618	5,761	SH		DFND	5	5,761	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	6,147	25,183	SH		DFND	5	25,183	0	0
THOR INDS INC	COM	885160101	464	5,543	SH		DFND	5	5,543	0	0
TJX COS INC NEW	COM	872540109	273	2,439	SH		DFND	5	2,439	0	0
TORCHMARK CORP	COM	891027104	288	3,323	SH		DFND	5	3,323	0	0
TOTAL S A	SPONSORED ADR	89151E109	2,877	44,688	SH		DFND	5	44,688	0	0
TRAVELERS COMPANIES INC	COM	89417E109	9,245	71,276	SH		DFND	5	71,276	0	0
UGI CORP NEW	COM	902681105	779	14,046	SH		DFND	5	14,046	0	0
UNILEVER PLC	SPON ADR NEW	904767704	1,542	28,050	SH		DFND	5	28,050	0	0
UNION PAC CORP	COM	907818108	373	2,288	SH		DFND	5	2,288	0	0
UNITED CONTL HLDGS INC	COM	910047109	448	5,027	SH		DFND	5	5,027	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	838	7,178	SH		DFND	5	7,178	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	45	389	SH		SOLE		389	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	7,223	51,662	SH		DFND	5	51,662	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	30,745	115,566	SH		DFND	5	115,566	0	0
US BANCORP DEL	COM NEW	902973304	278	5,267	SH		DFND	5	5,267	0	0
V F CORP	COM	918204108	187	2,005	SH		DFND	5	2,005	0	0
V F CORP	COM	918204108	44	470	SH		SOLE		470	0	0
VALE S A	ADR	91912E105	56,178	3,785,567	SH		DFND	5	3,785,567	0	0
VALE S A	ADR	91912E105	72	4,870	SH		SOLE		4,870	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	1,243	10,928	SH		DFND	5	10,928	0	0
VANGUARD ADMIRAL FDS INC	SMLLCP 600 IDX	921932828	7,832	29,328	SH		DFND	1	29,328	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	20,255	256,300	SH		DFND	5	256,300	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	6,741	85,295	SH		DFND	3	85,295	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	4,781	60,498	SH		DFND	2	60,498	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	204	2,620	SH		DFND	1	2,620	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	81,921	306,762	SH		DFND	5	306,762	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	12,075	109,100	SH		DFND	5	109,100	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	3,691	24,663	SH		DFND	5	24,663	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	1,850	24,400	SH		DFND	5	24,400	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	18,463	450,322	SH		DFND	5	450,322	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	16,102	286,402	SH		DFND	5	286,402	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	23,215	306,149	SH		DFND	3	306,149	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	8,117	107,037	SH		DFND	2	107,037	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	5,167	126,027	SH		DFND	1	126,027	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	7,049	125,384	SH		DFND	1	125,384	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	273	6,660	SH		SOLE		6,660	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	704	12,514	SH		SOLE		12,514	0	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	41,429	856,500	SH		DFND	5	856,500	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	28,607	366,000	SH		DFND	5	366,000	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,116	13,360	SH		DFND	5	13,360	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	617	7,898	SH		DFND	1	7,898	0	0
VANGUARD WHITEHALL FDS INC	EMERG MKT BD ETF	921946885	412	5,431	SH		DFND	1	5,431	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	7,051	101,650	SH		DFND	5	101,650	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	6,430	35,641	SH		DFND	5	35,641	0	0
VARIAN MED SYS INC	COM	92220P105	908	8,110	SH		DFND	5	8,110	0	0
VERISIGN INC	COM	92343E102	406	2,533	SH		DFND	5	2,533	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	6,314	118,261	SH		DFND	5	118,261	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	8,995	168,469	SH		DFND	3	168,469	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	3,201	59,959	SH		DFND	2	59,959	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	34	639	SH		SOLE		639	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	1,037	5,378	SH		DFND	5	5,378	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	67,420	349,800	SH		SOLE		349,800	0	0
VIACOM INC NEW	CL B	92553P201	428	12,668	SH		DFND	5	12,668	0	0
VISA INC	COM CL A	92826C839	30,924	206,034	SH		DFND	5	206,034	0	0
VISA INC	COM CL A	92826C839	3,868	25,769	SH		DFND	3	25,769	0	0
VISA INC	COM CL A	92826C839	629	4,191	SH		DFND	2	4,191	0	0
VISA INC	COM CL A	92826C839	2,912	19,399	SH		SOLE		19,399	0	0
VOYA FINL INC	COM	929089100	846	17,029	SH		DFND	5	17,029	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	7,131	97,823	SH		DFND	5	97,823	0	0
WALMART INC	COM	931142103	32,687	348,063	SH		DFND	5	348,063	0	0
WALMART INC	COM	931142103	505	5,375	SH		SOLE		5,375	0	0
WASTE MGMT INC DEL	COM	94106L109	244	2,695	SH		DFND	5	2,695	0	0
WELLCARE HEALTH PLANS INC	COM	94946T106	857	2,673	SH		DFND	5	2,673	0	0
WELLS FARGO CO NEW	COM	949746101	7,941	151,101	SH		DFND	5	151,101	0	0
WELLS FARGO CO NEW	COM	949746101	491	9,349	SH		DFND	1	9,349	0	0
WELLS FARGO CO NEW	COM	949746101	117	2,220	SH		SOLE		2,220	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	792	13,925	SH		DFND	5	13,925	0	0
WESTROCK CO	COM	96145D105	851	15,924	SH		DFND	5	15,924	0	0
WHIRLPOOL CORP	COM	963320106	508	4,275	SH		DFND	5	4,275	0	0
WIPRO LTD	SPON ADR 1 SH	97651M109	226	43,400	SH		DFND	5	43,400	0	0
WISDOMTREE TR	EUROPE SMCP DV	97717W869	3,606	56,960	SH		DFND	1	56,960	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	402	26,031	SH		DFND	5	26,031	0	0
YUM BRANDS INC	COM	988498101	1,132	12,455	SH		DFND	5	12,455	0	0
YUM CHINA HLDGS INC	COM	98850P109	564	16,050	SH		DFND	5	16,050	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	317	9,122	SH		DFND	5	9,122	0	0
ZEBRA TECHNOLOGIES CORP	CL A	989207105	828	4,684	SH		DFND	5	4,684	0	0
ZOETIS INC	CL A	98978V103	852	9,303	SH		DFND	5	9,303	0	0
ZOETIS INC	CL A	98978V103	76	828	SH		SOLE		828	0	0