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
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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
3M CO	COM	88579Y101	13,105	68,778	SH		DFND	5	68,778	0	0
ABBOTT LABS	COM	002824100	336	4,649	SH		DFND	5	4,649	0	0
ABBOTT LABS	COM	002824100	248	3,435	SH		SOLE		3,435	0	0
ABBVIE INC	COM	00287Y109	1,484	16,094	SH		DFND	5	16,094	0	0
ABIOMED INC	COM	003654100	532	1,637	SH		DFND	5	1,637	0	0
ABIOMED INC	COM	003654100	55,217	169,879	SH		SOLE		169,879	0	0
ADOBE INC	COM	00724F101	1,119	4,947	SH		DFND	5	4,947	0	0
ADOBE INC	COM	00724F101	1,746	7,719	SH		DFND	3	7,719	0	0
ADOBE INC	COM	00724F101	312	1,379	SH		DFND	2	1,379	0	0
ADOBE INC	COM	00724F101	14,965	66,147	SH		SOLE		66,147	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	868	12,861	SH		DFND	5	12,861	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	72	1,184	SH		DFND	5	1,184	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	3,231	52,900	SH		SOLE		52,900	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	481	4,170	SH		DFND	5	4,170	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	126	1,293	SH		DFND	5	1,293	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	3,086	31,700	SH		SOLE		31,700	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	21,085	153,829	SH		DFND	5	153,829	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	381	2,776	SH		DFND	3	2,776	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	42	310	SH		DFND	2	310	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	65	474	SH		SOLE		474	0	0
ALIGN TECHNOLOGY INC	COM	016255101	25,634	122,400	SH		SOLE		122,400	0	0
ALLERGAN PLC	SHS	G0177J108	5,166	38,650	SH		DFND	5	38,650	0	0
ALLSTATE CORP	COM	020002101	975	11,803	SH		DFND	5	11,803	0	0
ALPHABET INC	CAP STK CL C	02079K107	21,969	21,214	SH		DFND	5	21,214	0	0
ALPHABET INC	CAP STK CL A	02079K305	3,353	3,209	SH		DFND	5	3,209	0	0
ALPHABET INC	CAP STK CL A	02079K305	5,250	5,024	SH		DFND	3	5,024	0	0
ALPHABET INC	CAP STK CL A	02079K305	830	794	SH		DFND	2	794	0	0
ALPHABET INC	CAP STK CL C	02079K107	815	787	SH		SOLE		787	0	0
ALPHABET INC	CAP STK CL A	02079K305	50,657	48,477	SH		SOLE		48,477	0	0
ALTRIA GROUP INC	COM	02209S103	264	5,346	SH		DFND	5	5,346	0	0
ALTRIA GROUP INC	COM	02209S103	0	1	SH		SOLE		1	0	0
AMAZON COM INC	COM	023135106	22,447	14,945	SH		DFND	5	14,945	0	0
AMAZON COM INC	COM	023135106	5,362	3,570	SH		DFND	3	3,570	0	0
AMAZON COM INC	COM	023135106	928	618	SH		DFND	2	618	0	0
AMAZON COM INC	COM	023135106	32,974	21,954	SH		SOLE		21,954	0	0
AMBEV SA	SPONSORED ADR	02319V103	12,467	3,180,258	SH		DFND	5	3,180,258	0	0
AMEREN CORP	COM	023608102	508	7,781	SH		DFND	5	7,781	0	0
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	4,298	301,598	SH		DFND	5	301,598	0	0
AMERICAN ELEC PWR INC	COM	025537101	400	5,357	SH		DFND	5	5,357	0	0
AMERICAN ELEC PWR INC	COM	025537101	43	572	SH		SOLE		572	0	0
AMERICAN EXPRESS CO	COM	025816109	21,555	226,135	SH		DFND	5	226,135	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	7,418	46,890	SH		DFND	5	46,890	0	0
AMGEN INC	COM	031162100	2,590	13,306	SH		DFND	5	13,306	0	0
AMGEN INC	COM	031162100	19	99	SH		SOLE		99	0	0
ANADARKO PETE CORP	COM	032511107	818	18,654	SH		DFND	3	18,654	0	0
ANADARKO PETE CORP	COM	032511107	145	3,318	SH		DFND	2	3,318	0	0
ANADARKO PETE CORP	COM	032511107	55	1,258	SH		SOLE		1,258	0	0
ANNALY CAP MGMT INC	COM	035710409	141	14,311	SH		DFND	5	14,311	0	0
ANTHEM INC	COM	036752103	812	3,091	SH		DFND	5	3,091	0	0
ANTHEM INC	COM	036752103	2,493	9,491	SH		DFND	3	9,491	0	0
ANTHEM INC	COM	036752103	437	1,664	SH		DFND	2	1,664	0	0
APPLE INC	COM	037833100	24,571	155,772	SH		DFND	5	155,772	0	0
APPLE INC	COM	037833100	3,276	20,770	SH		DFND	3	20,770	0	0
APPLE INC	COM	037833100	571	3,623	SH		DFND	2	3,623	0	0
APPLE INC	COM	037833100	53,562	339,556	SH		SOLE		339,556	0	0
APPLIED MATLS INC	COM	038222105	731	22,329	SH		DFND	5	22,329	0	0
APPLIED MATLS INC	COM	038222105	65	2,000	SH		SOLE		2,000	0	0
ASTRAZENECA PLC	SPONSORED ADR	046353108	1,120	29,490	SH		DFND	5	29,490	0	0
AT&T INC	COM	00206R102	7,542	264,262	SH		DFND	5	264,262	0	0
AT&T INC	COM	00206R102	612	21,447	SH		SOLE		21,447	0	0
AUTODESK INC	COM	052769106	2,096	16,300	SH		DFND	5	16,300	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	700	5,337	SH		DFND	5	5,337	0	0
AUTOZONE INC	COM	053332102	774	923	SH		DFND	5	923	0	0
AUTOZONE INC	COM	053332102	17,354	20,700	SH		SOLE		20,700	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	6,378	644,925	SH		DFND	5	644,925	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	817	82,578	SH		SOLE		82,578	0	0
BANCO MACRO SA	SPON ADR B	05961W105	4,412	99,765	SH		DFND	5	99,765	0	0
BANCO SANTANDER BRASIL S A	ADS REP 1 UNIT	05967A107	10,574	950,000	SH		SOLE		950,000	0	0
BANCO SANTANDER CHILE NEW	SP ADR REP COM	05965X109	5,627	188,200	SH		DFND	5	188,200	0	0
BANK AMER CORP	COM	060505104	1,935	78,520	SH		DFND	5	78,520	0	0
BANK AMER CORP	COM	060505104	9,496	385,384	SH		DFND	3	385,384	0	0
BANK AMER CORP	COM	060505104	3,040	123,385	SH		DFND	2	123,385	0	0
BANK AMER CORP	COM	060505104	22,159	899,311	SH		SOLE		899,311	0	0
BARCLAYS PLC	ADR	06738E204	1,002	132,860	SH		DFND	5	132,860	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	624	3,058	SH		DFND	5	3,058	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	4,065	19,908	SH		SOLE		19,908	0	0
BEST BUY INC	COM	086516101	540	10,187	SH		DFND	5	10,187	0	0
BIOGEN INC	COM	09062X103	860	2,859	SH		DFND	5	2,859	0	0
BIOGEN INC	COM	09062X103	44,807	148,900	SH		SOLE		148,900	0	0
BLACK KNIGHT INC	COM	09215C105	698	15,481	SH		DFND	5	15,481	0	0
BLACKROCK INC	COM	09247X101	12,450	31,693	SH		DFND	5	31,693	0	0
BLACKROCK INC	COM	09247X101	1,504	3,829	SH		DFND	3	3,829	0	0
BLACKROCK INC	COM	09247X101	269	684	SH		DFND	2	684	0	0
BOEING CO	COM	097023105	18,632	57,774	SH		DFND	5	57,774	0	0
BOEING CO	COM	097023105	7,754	24,043	SH		DFND	3	24,043	0	0
BOEING CO	COM	097023105	2,785	8,637	SH		DFND	2	8,637	0	0
BOEING CO	COM	097023105	24	73	SH		SOLE		73	0	0
BOOKING HLDGS INC	COM	09857L108	319	185	SH		DFND	5	185	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	243	6,864	SH		DFND	5	6,864	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	1,428	40,413	SH		DFND	3	40,413	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	241	6,813	SH		DFND	2	6,813	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	4,159	117,693	SH		SOLE		117,693	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	1,221	23,495	SH		DFND	5	23,495	0	0
BROADCOM INC	COM	11135F101	58	229	SH		DFND	5	229	0	0
BROADCOM INC	COM	11135F101	7,563	29,742	SH		DFND	3	29,742	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	18	405	SH		DFND	5	405	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	16,478	380,214	SH		SOLE		380,214	0	0
CAPITAL ONE FINL CORP	COM	14040H105	170	2,243	SH		DFND	5	2,243	0	0
CAPITAL ONE FINL CORP	COM	14040H105	2,198	29,084	SH		DFND	3	29,084	0	0
CAPITAL ONE FINL CORP	COM	14040H105	390	5,155	SH		DFND	2	5,155	0	0
CAPITAL ONE FINL CORP	COM	14040H105	16,138	213,500	SH		SOLE		213,500	0	0
CARMAX INC	COM	143130102	6,219	99,140	SH		DFND	5	99,140	0	0
CATERPILLAR INC DEL	COM	149123101	14,109	111,037	SH		DFND	5	111,037	0	0
CATERPILLAR INC DEL	COM	149123101	21	167	SH		SOLE		167	0	0
CDW CORP	COM	12514G108	827	10,199	SH		DFND	5	10,199	0	0
CELGENE CORP	COM	151020104	48	751	SH		DFND	5	751	0	0
CELGENE CORP	COM	151020104	12,284	191,667	SH		SOLE		191,667	0	0
CEMEX SAB DE CV	SPON ADR NEW	151290889	16,528	3,429,035	SH		DFND	5	3,429,035	0	0
CENTENE CORP DEL	COM	15135B101	142	1,230	SH		DFND	5	1,230	0	0
CENTENE CORP DEL	COM	15135B101	17,848	154,800	SH		SOLE		154,800	0	0
CERNER CORP	COM	156782104	1,149	21,910	SH		DFND	5	21,910	0	0
CF INDS HLDGS INC	COM	125269100	520	11,958	SH		DFND	5	11,958	0	0
CHEVRON CORP NEW	COM	166764100	11,132	102,327	SH		DFND	5	102,327	0	0
CHEVRON CORP NEW	COM	166764100	11,141	102,410	SH		DFND	3	102,410	0	0
CHEVRON CORP NEW	COM	166764100	3,737	34,351	SH		DFND	2	34,351	0	0
CHEVRON CORP NEW	COM	166764100	807	7,419	SH		SOLE		7,419	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	196	454	SH		DFND	5	454	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	18,697	43,300	SH		SOLE		43,300	0	0
CHUBB LIMITED	COM	H1467J104	1,160	8,976	SH		DFND	3	8,976	0	0
CHUBB LIMITED	COM	H1467J104	200	1,551	SH		DFND	2	1,551	0	0
CINEMARK HOLDINGS INC	COM	17243V102	630	17,604	SH		DFND	5	17,604	0	0
CISCO SYS INC	COM	17275R102	8,438	194,738	SH		DFND	5	194,738	0	0
CISCO SYS INC	COM	17275R102	8,318	191,972	SH		DFND	3	191,972	0	0
CISCO SYS INC	COM	17275R102	3,495	80,664	SH		DFND	2	80,664	0	0
CISCO SYS INC	COM	17275R102	173	4,002	SH		SOLE		4,002	0	0
CITIGROUP INC	COM NEW	172967424	3,692	70,922	SH		DFND	5	70,922	0	0
CITIGROUP INC	COM NEW	172967424	9,158	175,916	SH		DFND	3	175,916	0	0
CITIGROUP INC	COM NEW	172967424	3,190	61,269	SH		DFND	2	61,269	0	0
CITIGROUP INC	COM NEW	172967424	522	10,031	SH		DFND	1	10,031	0	0
CITIGROUP INC	COM NEW	172967424	4,916	94,429	SH		SOLE		94,429	0	0
CITIZENS FINL GROUP INC	COM	174610105	663	22,312	SH		DFND	5	22,312	0	0
CITRIX SYS INC	COM	177376100	476	4,648	SH		DFND	5	4,648	0	0
CME GROUP INC	COM CL A	12572Q105	8,172	43,438	SH		DFND	3	43,438	0	0
CME GROUP INC	COM CL A	12572Q105	3,008	15,988	SH		DFND	2	15,988	0	0
CME GROUP INC	COM CL A	12572Q105	10,769	48,758	SH		SOLE		48,758	0	0
CMS ENERGY CORP	COM	125896100	733	14,759	SH		DFND	5	14,759	0	0
COCA COLA CO	COM	191216100	8,105	171,180	SH		DFND	5	171,180	0	0
COCA COLA CO	COM	191216100	5,723	120,875	SH		DFND	3	120,875	0	0
COCA COLA CO	COM	191216100	1,689	35,673	SH		DFND	2	35,673	0	0
COCA COLA CO	COM	191216100	4,491	94,850	SH		SOLE		94,850	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	64	1,004	SH		DFND	5	1,004	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	407	6,405	SH		DFND	3	6,405	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	74	1,172	SH		DFND	2	1,172	0	0
COLGATE PALMOLIVE CO	COM	194162103	1,001	16,816	SH		DFND	5	16,816	0	0
COMCAST CORP NEW	CL A	20030N101	1,542	45,282	SH		DFND	5	45,282	0	0
COMCAST CORP NEW	CL A	20030N101	8,024	235,662	SH		DFND	3	235,662	0	0
COMCAST CORP NEW	CL A	20030N101	2,876	84,451	SH		DFND	2	84,451	0	0
COMCAST CORP NEW	CL A	20030N101	22	636	SH		SOLE		636	0	0
COMERICA INC	COM	200340107	736	10,712	SH		DFND	5	10,712	0	0
COMPANHIA ENERGETICA DE MINA	SP ADR N-V PFD	204409601	826	232,083	SH		DFND	5	232,083	0	0
CONAGRA BRANDS INC	COM	205887102	614	28,765	SH		DFND	5	28,765	0	0
CONOCOPHILLIPS	COM	20825C104	990	15,881	SH		DFND	5	15,881	0	0
CONOCOPHILLIPS	COM	20825C104	1,342	21,517	SH		DFND	3	21,517	0	0
CONOCOPHILLIPS	COM	20825C104	228	3,650	SH		DFND	2	3,650	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	520	3,233	SH		DFND	5	3,233	0	0
COSTCO WHSL CORP NEW	COM	22160K105	270	1,323	SH		DFND	5	1,323	0	0
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	778	71,620	SH		DFND	5	71,620	0	0
CSX CORP	COM	126408103	505	8,123	SH		DFND	5	8,123	0	0
CVS HEALTH CORP	COM	126650100	7,241	110,514	SH		DFND	5	110,514	0	0
CVS HEALTH CORP	COM	126650100	976	14,903	SH		DFND	3	14,903	0	0
CVS HEALTH CORP	COM	126650100	164	2,502	SH		DFND	2	2,502	0	0
CVS HEALTH CORP	COM	126650100	123	1,881	SH		SOLE		1,881	0	0
D R HORTON INC	COM	23331A109	422	12,184	SH		DFND	5	12,184	0	0
D R HORTON INC	COM	23331A109	24	688	SH		SOLE		688	0	0
DARDEN RESTAURANTS INC	COM	237194105	290	2,905	SH		DFND	5	2,905	0	0
DBX ETF TR	XTRACK MSCI JAPN	233051507	996	27,439	SH		DFND	5	27,439	0	0
DBX ETF TR	XTRACK MSCI EURP	233051853	4,157	165,171	SH		DFND	5	165,171	0	0
DBX ETF TR	XTRACK MSCI EURP	233051853	5,503	218,628	SH		DFND	1	218,628	0	0
DEERE & CO	COM	244199105	1,379	9,244	SH		DFND	5	9,244	0	0
DEERE & CO	COM	244199105	634	4,250	SH		SOLE		4,250	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	736	14,746	SH		DFND	5	14,746	0	0
DEUTSCHE BANK AG	NAMEN AKT	D18190898	745	93,448	SH		SOLE		93,448	0	0
DISCOVERY INC	COM SER C	25470F302	16,828	729,100	SH		SOLE		729,100	0	0
DISNEY WALT CO	COM DISNEY	254687106	9,585	87,415	SH		DFND	5	87,415	0	0
DISNEY WALT CO	COM DISNEY	254687106	2,030	18,515	SH		SOLE		18,515	0	0
DOLLAR GEN CORP NEW	COM	256677105	162	1,498	SH		DFND	5	1,498	0	0
DOLLAR GEN CORP NEW	COM	256677105	1,305	12,073	SH		DFND	3	12,073	0	0
DOLLAR GEN CORP NEW	COM	256677105	227	2,104	SH		DFND	2	2,104	0	0
DOWDUPONT INC	COM	26078J100	2,690	50,308	SH		DFND	5	50,308	0	0
DOWDUPONT INC	COM	26078J100	5,306	99,219	SH		DFND	3	99,219	0	0
DTE ENERGY CO	COM	233331107	745	6,758	SH		DFND	5	6,758	0	0
DUKE REALTY CORP	COM NEW	264411505	425	16,396	SH		DFND	5	16,396	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	163	3,710	SH		DFND	5	3,710	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	3,309	75,400	SH		SOLE		75,400	0	0
ELECTRONIC ARTS INC	COM	285512109	18	234	SH		DFND	5	234	0	0
ELECTRONIC ARTS INC	COM	285512109	7,191	91,134	SH		SOLE		91,134	0	0
EMBRAER S A	SP ADR REP 4 COM	29082A107	8,914	402,800	SH		DFND	5	402,800	0	0
EMERSON ELEC CO	COM	291011104	2,461	41,195	SH		DFND	5	41,195	0	0
EMPRESA DIST Y COMERCIAL NOR	SPON ADR	29244A102	2,645	97,760	SH		DFND	5	97,760	0	0
ENEL AMERICAS S A	SPONSORED ADR	29274F104	7,534	844,570	SH		DFND	5	844,570	0	0
ENI S P A	SPONSORED ADR	26874R108	773	24,550	SH		DFND	5	24,550	0	0
EXELON CORP	COM	30161N101	1,064	23,593	SH		DFND	5	23,593	0	0
EXPEDITORS INTL WASH INC	COM	302130109	1,599	23,490	SH		DFND	5	23,490	0	0
EXXON MOBIL CORP	COM	30231G102	16,723	245,242	SH		DFND	5	245,242	0	0
EXXON MOBIL CORP	COM	30231G102	190	2,793	SH		SOLE		2,793	0	0
F5 NETWORKS INC	COM	315616102	135	833	SH		DFND	5	833	0	0
F5 NETWORKS INC	COM	315616102	27,999	172,800	SH		SOLE		172,800	0	0
FACEBOOK INC	CL A	30303M102	17,259	131,658	SH		DFND	5	131,658	0	0
FACEBOOK INC	CL A	30303M102	1,908	14,558	SH		DFND	3	14,558	0	0
FACEBOOK INC	CL A	30303M102	338	2,577	SH		DFND	2	2,577	0	0
FACEBOOK INC	CL A	30303M102	61,257	467,286	SH		SOLE		467,286	0	0
FACTSET RESH SYS INC	COM	303075105	1,005	5,020	SH		DFND	5	5,020	0	0
FANG HLDGS LTD	ADR	30711Y102	1,716	1,200,000	SH		SOLE		1,200,000	0	0
FIAT CHRYSLER AUTOMOBILES N	SHS	N31738102	9,617	662,311	SH		SOLE		662,311	0	0
FIBRIA CELULOSE S A	SP ADR REP COM	31573A109	8,110	471,217	SH		DFND	5	471,217	0	0
FIRST TR LRG CP VL ALPHADEX	COM SHS	33735J101	3,015	65,227	SH		DFND	1	65,227	0	0
FIRST TR LRGE CP CORE ALPHA	COM SHS	33734K109	8,004	153,620	SH		DFND	1	153,620	0	0
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	12,140	141,079	SH		DFND	5	141,079	0	0
FORTINET INC	COM	34959E109	499	7,079	SH		DFND	5	7,079	0	0
FORTIVE CORP	COM	34959J108	1,424	21,053	SH		DFND	3	21,053	0	0
FORTIVE CORP	COM	34959J108	232	3,425	SH		DFND	2	3,425	0	0
FRANCESCAS HLDGS CORP	COM	351793104	10	10,000	SH		DFND	5	10,000	0	0
GENERAL ELECTRIC CO	COM	369604103	271	35,843	SH		DFND	5	35,843	0	0
GENERAL ELECTRIC CO	COM	369604103	3,466	457,820	SH		SOLE		457,820	0	0
GENERAL MTRS CO	COM	37045V100	756	22,605	SH		DFND	5	22,605	0	0
GILEAD SCIENCES INC	COM	375558103	446	7,135	SH		DFND	5	7,135	0	0
GILEAD SCIENCES INC	COM	375558103	173	2,770	SH		SOLE		2,770	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	1,152	30,150	SH		DFND	5	30,150	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	27,117	162,327	SH		DFND	5	162,327	0	0
GRUPO FINANCIERO GALICIA S A	SP ADR 10 SH B	399909100	2,519	91,350	SH		DFND	5	91,350	0	0
GRUPO FINANCIERO GALICIA S A	SP ADR 10 SH B	399909100	6	200	SH		SOLE		200	0	0
HARRIS CORP DEL	COM	413875105	165	1,224	SH		DFND	5	1,224	0	0
HARRIS CORP DEL	COM	413875105	111	823	SH		SOLE		823	0	0
HCA HEALTHCARE INC	COM	40412C101	1,006	8,086	SH		DFND	5	8,086	0	0
HOLLYFRONTIER CORP	COM	436106108	641	12,538	SH		DFND	5	12,538	0	0
HOME DEPOT INC	COM	437076102	19,329	112,496	SH		DFND	5	112,496	0	0
HOME DEPOT INC	COM	437076102	120	700	SH		SOLE		700	0	0
HONEYWELL INTL INC	COM	438516106	4,414	33,406	SH		DFND	5	33,406	0	0
HONEYWELL INTL INC	COM	438516106	1,947	14,737	SH		DFND	3	14,737	0	0
HONEYWELL INTL INC	COM	438516106	323	2,448	SH		DFND	2	2,448	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	664	39,834	SH		DFND	5	39,834	0	0
HP INC	COM	40434L105	163	7,977	SH		DFND	5	7,977	0	0
HP INC	COM	40434L105	6,291	307,473	SH		DFND	3	307,473	0	0
HP INC	COM	40434L105	2,372	115,944	SH		DFND	2	115,944	0	0
HP INC	COM	40434L105	495	24,180	SH		SOLE		24,180	0	0
HSBC HLDGS PLC	SPON ADR NEW	404280406	928	22,582	SH		DFND	5	22,582	0	0
HUMANA INC	COM	444859102	559	1,950	SH		DFND	5	1,950	0	0
IDEXX LABS INC	COM	45168D104	738	3,968	SH		DFND	5	3,968	0	0
IDEXX LABS INC	COM	45168D104	28,720	154,390	SH		SOLE		154,390	0	0
ILLINOIS TOOL WKS INC	COM	452308109	6,396	50,486	SH		DFND	5	50,486	0	0
INCYTE CORP	COM	45337C102	16,504	259,538	SH		SOLE		259,538	0	0
INGREDION INC	COM	457187102	496	5,426	SH		DFND	5	5,426	0	0
INTEL CORP	COM	458140100	8,205	174,826	SH		DFND	5	174,826	0	0
INTEL CORP	COM	458140100	276	5,876	SH		SOLE		5,876	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	17,839	156,938	SH		DFND	5	156,938	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	161	1,412	SH		SOLE		1,412	0	0
INTL PAPER CO	COM	460146103	488	12,088	SH		DFND	5	12,088	0	0
INTUIT	COM	461202103	1,101	5,593	SH		DFND	5	5,593	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	157	1,016	SH		DFND	5	1,016	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	6,117	39,651	SH		DFND	1	39,651	0	0
ISHARES GOLD TRUST	ISHARES	464285105	1,289	104,853	SH		DFND	3	104,853	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	4,008	105,260	SH		DFND	5	105,260	0	0
ISHARES INC	MSCI EURZONE ETF	464286608	1,264	36,204	SH		DFND	5	36,204	0	0
ISHARES INC	MSCI CHILE ETF	464286640	7,014	169,713	SH		DFND	5	169,713	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	9,464	232,541	SH		DFND	5	232,541	0	0
ISHARES INC	MSCI STH KOR ETF	464286772	1,048	17,710	SH		DFND	5	17,710	0	0
ISHARES INC	MSCI MEXICO ETF	464286822	2,349	57,090	SH		DFND	5	57,090	0	0
ISHARES INC	MSCI HONG KG ETF	464286871	1,260	55,720	SH		DFND	5	55,720	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	4,765	100,840	SH		DFND	5	100,840	0	0
ISHARES INC	MSCI TAIWAN ETF	46434G772	900	28,390	SH		DFND	5	28,390	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	875	17,225	SH		DFND	5	17,225	0	0
ISHARES INC	MSCI AUST ETF	464286103	430	22,363	SH		DFND	3	22,363	0	0
ISHARES INC	MSCI CDA ETF	464286509	1,253	52,296	SH		DFND	3	52,296	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	1,585	38,933	SH		DFND	3	38,933	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	11,961	235,551	SH		DFND	3	235,551	0	0
ISHARES INC	MSCI AUST ETF	464286103	49	2,539	SH		DFND	2	2,539	0	0
ISHARES INC	MSCI CDA ETF	464286509	141	5,894	SH		DFND	2	5,894	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	181	4,442	SH		DFND	2	4,442	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	2,400	47,262	SH		DFND	2	47,262	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	2,282	44,937	SH		DFND	1	44,937	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	1,028	27,001	SH		SOLE		27,001	0	0
ISHARES INC	MSCI CHILE ETF	464286640	208	5,024	SH		SOLE		5,024	0	0
ISHARES INC	MSCI MEXICO ETF	464286822	604	14,670	SH		SOLE		14,670	0	0
ISHARES TR	CORE S&P TTL STK	464287150	1,873	33,000	SH		DFND	5	33,000	0	0
ISHARES TR	CORE S&P500 ETF	464287200	102,234	406,320	SH		DFND	5	406,320	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	48,740	1,247,824	SH		DFND	5	1,247,824	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	666	5,920	SH		DFND	5	5,920	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	12,038	80,700	SH		DFND	5	80,700	0	0
ISHARES TR	LATN AMER 40 ETF	464287390	7,187	234,091	SH		DFND	5	234,091	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	10,725	106,850	SH		DFND	5	106,850	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	1,969	18,900	SH		DFND	5	18,900	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	2,017	24,119	SH		DFND	5	24,119	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	5,791	43,590	SH		DFND	5	43,590	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1,221	16,340	SH		DFND	5	16,340	0	0
ISHARES TR	EUROPE ETF	464287861	17,647	452,372	SH		DFND	5	452,372	0	0
ISHARES TR	MSCI AC ASIA ETF	464288182	7,483	117,461	SH		DFND	5	117,461	0	0
ISHARES TR	MSCI ACWI ETF	464288257	14,046	218,920	SH		DFND	5	218,920	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	178	2,200	SH		DFND	5	2,200	0	0
ISHARES TR	SHORT TREAS BD	464288679	148,001	1,341,804	SH		DFND	5	1,341,804	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	2,742	39,550	SH		DFND	5	39,550	0	0
ISHARES TR	CORE S&P500 ETF	464287200	8,183	32,522	SH		DFND	3	32,522	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	7,397	189,367	SH		DFND	3	189,367	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	4,470	42,896	SH		DFND	3	42,896	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1,742	23,315	SH		DFND	3	23,315	0	0
ISHARES TR	MSCI ACWI ETF	464288257	6,120	95,391	SH		DFND	3	95,391	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	1,368	26,114	SH		DFND	3	26,114	0	0
ISHARES TR	3 7 YR TREAS BD	464288661	403	3,317	SH		DFND	3	3,317	0	0
ISHARES TR	CORE S&P500 ETF	464287200	2,810	11,168	SH		DFND	2	11,168	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	1,875	48,001	SH		DFND	2	48,001	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	303	4,054	SH		DFND	2	4,054	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	3,281	84,008	SH		DFND	1	84,008	0	0
ISHARES TR	MSCI ACWI ETF	464288257	3,793	59,122	SH		DFND	1	59,122	0	0
ISHARES TR	SHORT TREAS BD	464288679	8,831	80,063	SH		DFND	1	80,063	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	3,592	71,321	SH		DFND	1	71,321	0	0
ISHARES TR	HDG MSCI JAPAN	46434V886	2,215	78,839	SH		DFND	1	78,839	0	0
ISHARES TR	U.S. TECH ETF	464287721	1,064	6,656	SH		DFND	1	6,656	0	0
ISHARES TR	0-5YR HI YL CP	46434V407	1,754	39,374	SH		DFND	1	39,374	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,141	29,209	SH		SOLE		29,209	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	3,242	83,005	SH		SOLE		83,005	0	0
ISHARES TR	MSCI AC ASIA ETF	464288182	446	7,007	SH		SOLE		7,007	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	178	2,200	SH		SOLE		2,200	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	1,365	27,098	SH		SOLE		27,098	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	72,206	7,899,987	SH		DFND	5	7,899,987	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	264	28,865	SH		DFND	3	28,865	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	29	3,179	SH		DFND	2	3,179	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	11	1,245	SH		SOLE		1,245	0	0
JOHNSON & JOHNSON	COM	478160104	16,111	124,843	SH		DFND	5	124,843	0	0
JOHNSON & JOHNSON	COM	478160104	8,644	66,984	SH		DFND	3	66,984	0	0
JOHNSON & JOHNSON	COM	478160104	2,945	22,821	SH		DFND	2	22,821	0	0
JOHNSON & JOHNSON	COM	478160104	2,944	22,816	SH		SOLE		22,816	0	0
JPMORGAN CHASE & CO	COM	46625H100	26,521	271,673	SH		DFND	5	271,673	0	0
JPMORGAN CHASE & CO	COM	46625H100	5,774	59,147	SH		DFND	3	59,147	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,675	17,158	SH		DFND	2	17,158	0	0
JPMORGAN CHASE & CO	COM	46625H100	83	846	SH		SOLE		846	0	0
JUNIPER NETWORKS INC	COM	48203R104	3,900	144,937	SH		DFND	5	144,937	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	289	4,655	SH		DFND	5	4,655	0	0
KINDER MORGAN INC DEL	COM	49456B101	164	10,691	SH		DFND	5	10,691	0	0
KINDER MORGAN INC DEL	COM	49456B101	19	1,220	SH		SOLE		1,220	0	0
KROGER CO	COM	501044101	424	15,428	SH		DFND	5	15,428	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	4,220	33,400	SH		SOLE		33,400	0	0
LAMAR ADVERTISING CO NEW	CL A	512816109	673	9,723	SH		DFND	5	9,723	0	0
LAMB WESTON HLDGS INC	COM	513272104	247	3,362	SH		DFND	5	3,362	0	0
LATAM AIRLS GROUP S A	SPONSORED ADR	51817R106	3,112	302,100	SH		DFND	5	302,100	0	0
LAUDER ESTEE COS INC	CL A	518439104	525	4,037	SH		DFND	3	4,037	0	0
LAUDER ESTEE COS INC	CL A	518439104	93	715	SH		DFND	2	715	0	0
LILLY ELI & CO	COM	532457108	2,499	21,598	SH		DFND	5	21,598	0	0
LKQ CORP	COM	501889208	8,797	370,700	SH		SOLE		370,700	0	0
LOWES COS INC	COM	548661107	248	2,687	SH		DFND	5	2,687	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	3,036	36,506	SH		DFND	3	36,506	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,108	13,319	SH		DFND	2	13,319	0	0
M & T BK CORP	COM	55261F104	144	1,009	SH		DFND	5	1,009	0	0
M & T BK CORP	COM	55261F104	23,817	166,400	SH		SOLE		166,400	0	0
MARATHON PETE CORP	COM	56585A102	932	15,791	SH		DFND	5	15,791	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	412	2,183	SH		DFND	5	2,183	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	109	580	SH		SOLE		580	0	0
MCDONALDS CORP	COM	580135101	12,407	69,873	SH		DFND	5	69,873	0	0
MCDONALDS CORP	COM	580135101	723	4,070	SH		SOLE		4,070	0	0
MEDTRONIC PLC	SHS	G5960L103	2,792	30,690	SH		DFND	3	30,690	0	0
MEDTRONIC PLC	SHS	G5960L103	480	5,281	SH		DFND	2	5,281	0	0
MERCK & CO INC	COM	58933Y105	14,135	184,990	SH		DFND	5	184,990	0	0
MERCK & CO INC	COM	58933Y105	8,448	110,567	SH		DFND	3	110,567	0	0
MERCK & CO INC	COM	58933Y105	3,313	43,360	SH		DFND	2	43,360	0	0
MERCK & CO INC	COM	58933Y105	86	1,129	SH		SOLE		1,129	0	0
METLIFE INC	COM	59156R108	548	13,460	SH		SOLE		13,460	0	0
MICHAEL KORS HLDGS LTD	SHS	G60754101	6,947	183,200	SH		SOLE		183,200	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	13,379	186,020	SH		DFND	5	186,020	0	0
MICRON TECHNOLOGY INC	COM	595112103	311	9,791	SH		DFND	5	9,791	0	0
MICROSOFT CORP	COM	594918104	19,357	190,575	SH		DFND	5	190,575	0	0
MICROSOFT CORP	COM	594918104	15,105	148,720	SH		DFND	3	148,720	0	0
MICROSOFT CORP	COM	594918104	6,002	59,089	SH		DFND	2	59,089	0	0
MICROSOFT CORP	COM	594918104	59,243	583,271	SH		SOLE		583,271	0	0
MONDELEZ INTL INC	CL A	609207105	9,272	231,631	SH		DFND	5	231,631	0	0
MONDELEZ INTL INC	CL A	609207105	7,522	187,909	SH		DFND	3	187,909	0	0
MONDELEZ INTL INC	CL A	609207105	2,699	67,416	SH		DFND	2	67,416	0	0
MONDELEZ INTL INC	CL A	609207105	19	472	SH		SOLE		472	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	2,233	45,367	SH		DFND	5	45,367	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	608	12,350	SH		DFND	3	12,350	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	98	1,990	SH		DFND	2	1,990	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	15	314	SH		SOLE		314	0	0
MOODYS CORP	COM	615369105	3,158	22,550	SH		DFND	5	22,550	0	0
MORGAN STANLEY	COM NEW	617446448	2,973	74,975	SH		DFND	5	74,975	0	0
MSCI INC	COM	55354G100	427	2,898	SH		DFND	5	2,898	0	0
MYLAN N V	SHS EURO	N59465109	879	32,073	SH		SOLE		32,073	0	0
NETFLIX INC	COM	64110L106	4,680	17,486	SH		DFND	5	17,486	0	0
NETFLIX INC	COM	64110L106	4,543	16,973	SH		DFND	3	16,973	0	0
NETFLIX INC	COM	64110L106	1,450	5,418	SH		DFND	2	5,418	0	0
NETFLIX INC	COM	64110L106	43	161	SH		SOLE		161	0	0
NEW ORIENTAL ED & TECH GRP I	SPON ADR	647581107	808	14,741	SH		SOLE		14,741	0	0
NEWS CORP NEW	CL A	65249B109	230	20,240	SH		DFND	5	20,240	0	0
NEXTERA ENERGY INC	COM	65339F101	27	157	SH		DFND	5	157	0	0
NEXTERA ENERGY INC	COM	65339F101	3,674	21,137	SH		DFND	3	21,137	0	0
NEXTERA ENERGY INC	COM	65339F101	617	3,548	SH		DFND	2	3,548	0	0
NEXTERA ENERGY INC	COM	65339F101	42	240	SH		SOLE		240	0	0
NIKE INC	CL B	654106103	1,980	26,700	SH		DFND	5	26,700	0	0
NORFOLK SOUTHERN CORP	COM	655844108	727	4,859	SH		DFND	5	4,859	0	0
NORFOLK SOUTHERN CORP	COM	655844108	15,986	106,900	SH		SOLE		106,900	0	0
NORWEGIAN CRUISE LINE HLDG L	SHS	G66721104	26,193	617,900	SH		SOLE		617,900	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	2,623	30,570	SH		DFND	5	30,570	0	0
NOVO-NORDISK A S	ADR	670100205	1,572	34,120	SH		DFND	5	34,120	0	0
NVIDIA CORP	COM	67066G104	8,110	60,750	SH		DFND	5	60,750	0	0
NVIDIA CORP	COM	67066G104	737	5,520	SH		DFND	3	5,520	0	0
NVIDIA CORP	COM	67066G104	139	1,040	SH		DFND	2	1,040	0	0
NVIDIA CORP	COM	67066G104	29	216	SH		SOLE		216	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	9,779	28,400	SH		SOLE		28,400	0	0
OI S A	SPONSORED ADR NE	670851500	6,562	4,101,544	SH		DFND	5	4,101,544	0	0
OI S A	SPONSORED ADR NE	670851500	6,562	4,101,544	SH		SOLE		4,101,544	0	0
ORACLE CORP	COM	68389X105	3,866	85,622	SH		DFND	5	85,622	0	0
ORACLE CORP	COM	68389X105	9,595	212,523	SH		DFND	3	212,523	0	0
ORACLE CORP	COM	68389X105	3,760	83,284	SH		DFND	2	83,284	0	0
ORACLE CORP	COM	68389X105	18	398	SH		SOLE		398	0	0
PALO ALTO NETWORKS INC	COM	697435105	798	4,237	SH		DFND	5	4,237	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	4,581	144,020	SH		DFND	5	144,020	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	158	4,968	SH		DFND	3	4,968	0	0
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	15	456	SH		DFND	2	456	0	0
PARKER HANNIFIN CORP	COM	701094104	9,735	65,276	SH		DFND	5	65,276	0	0
PAYPAL HLDGS INC	COM	70450Y103	4,934	58,677	SH		DFND	5	58,677	0	0
PAYPAL HLDGS INC	COM	70450Y103	70	837	SH		SOLE		837	0	0
PEPSICO INC	COM	713448108	395	3,571	SH		DFND	5	3,571	0	0
PEPSICO INC	COM	713448108	1,353	12,248	SH		SOLE		12,248	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	27,377	2,362,091	SH		DFND	5	2,362,091	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	21,885	1,682,172	SH		DFND	5	1,682,172	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	642	49,358	SH		DFND	3	49,358	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	83	6,372	SH		DFND	2	6,372	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	1,008	77,500	SH		SOLE		77,500	0	0
PFIZER INC	COM	717081103	10,516	240,918	SH		DFND	5	240,918	0	0
PFIZER INC	COM	717081103	2,162	49,521	SH		DFND	3	49,521	0	0
PFIZER INC	COM	717081103	362	8,286	SH		DFND	2	8,286	0	0
PFIZER INC	COM	717081103	90	2,060	SH		SOLE		2,060	0	0
PG&E CORP	COM	69331C108	8,738	367,900	SH		SOLE		367,900	0	0
PHILIP MORRIS INTL INC	COM	718172109	652	9,761	SH		DFND	5	9,761	0	0
PHILIP MORRIS INTL INC	COM	718172109	45	677	SH		SOLE		677	0	0
PHILLIPS 66	COM	718546104	1,027	11,924	SH		DFND	5	11,924	0	0
PIONEER NAT RES CO	COM	723787107	14,061	106,911	SH		SOLE		106,911	0	0
PROCTER AND GAMBLE CO	COM	742718109	5,116	55,661	SH		DFND	5	55,661	0	0
PROCTER AND GAMBLE CO	COM	742718109	7,522	81,827	SH		DFND	3	81,827	0	0
PROCTER AND GAMBLE CO	COM	742718109	2,925	31,818	SH		DFND	2	31,818	0	0
PROCTER AND GAMBLE CO	COM	742718109	19,013	206,840	SH		SOLE		206,840	0	0
PROGRESSIVE CORP OHIO	COM	743315103	825	13,679	SH		DFND	5	13,679	0	0
PROGRESSIVE CORP OHIO	COM	743315103	29,954	496,500	SH		SOLE		496,500	0	0
PROOFPOINT INC	COM	743424103	1,527	18,220	SH		DFND	5	18,220	0	0
PRUDENTIAL PLC	ADR	74435K204	1,011	28,590	SH		DFND	5	28,590	0	0
QUALCOMM INC	COM	747525103	1,760	30,931	SH		DFND	5	30,931	0	0
QUALCOMM INC	COM	747525103	28	488	SH		SOLE		488	0	0
RED HAT INC	COM	756577102	29,385	167,300	SH		SOLE		167,300	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	1,755	4,700	SH		DFND	5	4,700	0	0
REPUBLIC SVCS INC	COM	760759100	453	6,287	SH		DFND	5	6,287	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	1,237	12,650	SH		DFND	3	12,650	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	203	2,074	SH		DFND	2	2,074	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	11,075	190,061	SH		DFND	5	190,061	0	0
S&P GLOBAL INC	COM	78409V104	7,155	42,102	SH		DFND	5	42,102	0	0
SALESFORCE COM INC	COM	79466L302	18,694	136,484	SH		DFND	5	136,484	0	0
SALESFORCE COM INC	COM	79466L302	111	810	SH		SOLE		810	0	0
SANOFI	SPONSORED ADR	80105N105	1,179	27,150	SH		DFND	5	27,150	0	0
SANTANDER CONSUMER USA HDG I	COM	80283M101	4,319,991	245,593,555	SH		DFND	4	245,593,555	0	0
SCHLUMBERGER LTD	COM	806857108	1,209	33,510	SH		DFND	5	33,510	0	0
SCHLUMBERGER LTD	COM	806857108	1,248	34,580	SH		DFND	3	34,580	0	0
SCHLUMBERGER LTD	COM	806857108	222	6,166	SH		DFND	2	6,166	0	0
SCHLUMBERGER LTD	COM	806857108	108	2,983	SH		SOLE		2,983	0	0
SEI INVESTMENTS CO	COM	784117103	1,291	27,950	SH		DFND	5	27,950	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	2,559	50,610	SH		DFND	5	50,610	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	5,157	52,640	SH		DFND	5	52,640	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	1,838	32,055	SH		DFND	5	32,055	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	863	36,210	SH		DFND	5	36,210	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	3,229	50,640	SH		DFND	5	50,640	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	8,976	146,185	SH		DFND	5	146,185	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	1,182	22,370	SH		DFND	5	22,370	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	1,046	20,880	SH		DFND	5	20,880	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	3,711	64,702	SH		DFND	3	64,702	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	3,484	146,255	SH		DFND	3	146,255	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	2,465	38,659	SH		DFND	3	38,659	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	413	13,333	SH		DFND	3	13,333	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	4,007	46,324	SH		DFND	3	46,324	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	487	8,489	SH		DFND	2	8,489	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	664	27,866	SH		DFND	2	27,866	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	441	6,919	SH		DFND	2	6,919	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,143	13,217	SH		DFND	2	13,217	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,117	46,881	SH		DFND	1	46,881	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	291	5,082	SH		SOLE		5,082	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,308	54,891	SH		SOLE		54,891	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	73	1,188	SH		SOLE		1,188	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	17	564	SH		SOLE		564	0	0
SERVICENOW INC	COM	81762P102	7,830	43,974	SH		DFND	5	43,974	0	0
SHERWIN WILLIAMS CO	COM	824348106	831	2,112	SH		DFND	5	2,112	0	0
SOUTHWEST AIRLS CO	COM	844741108	501	10,768	SH		DFND	5	10,768	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	13,058	107,694	SH		DFND	3	107,694	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	813	6,707	SH		SOLE		6,707	0	0
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	9,072	272,686	SH		DFND	5	272,686	0	0
SPDR INDEX SHS FDS	ASIA PACIF ETF	78463X301	9,260	105,520	SH		DFND	5	105,520	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	5,068	59,620	SH		DFND	5	59,620	0	0
SPDR INDEX SHS FDS	PORTFOLIO EMG MK	78463X509	8,239	253,820	SH		DFND	5	253,820	0	0
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	79	2,380	SH		SOLE		2,380	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	106	1,250	SH		SOLE	��	1,250	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	93,794	375,298	SH		DFND	5	375,298	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	54,366	217,534	SH		DFND	3	217,534	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	15,375	61,521	SH		DFND	2	61,521	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	6,987	27,958	SH		DFND	1	27,958	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	10,393	41,586	SH		SOLE		41,586	0	0
SPDR SER TR	SPDR BLOOMBERG	78468R663	3,321	36,313	SH		DFND	3	36,313	0	0
SPDR SER TR	BLOOMBERG SRT TR	78468R408	1,738	66,759	SH		DFND	1	66,759	0	0
SPDR SER TR	SPDR BLOOMBERG	78468R663	1,793	19,599	SH		DFND	1	19,599	0	0
SPDR SER TR	BLOMBERG BRC INV	78468R200	1,941	63,905	SH		DFND	1	63,905	0	0
SPDR SERIES TRUST	PORTFOLIO AGRGTE	78464A649	1,727	62,000	SH		DFND	5	62,000	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	2,731	38,059	SH		DFND	3	38,059	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	486	6,770	SH		DFND	2	6,770	0	0
SPDR SERIES TRUST	PORTFOLIO AGRGTE	78464A649	613	22,000	SH		SOLE		22,000	0	0
STARBUCKS CORP	COM	855244109	1,859	28,873	SH		DFND	5	28,873	0	0
STARBUCKS CORP	COM	855244109	1,075	16,689	SH		DFND	3	16,689	0	0
STARBUCKS CORP	COM	855244109	163	2,537	SH		DFND	2	2,537	0	0
STARBUCKS CORP	COM	855244109	158	2,461	SH		SOLE		2,461	0	0
STRYKER CORP	COM	863667101	2,796	17,840	SH		DFND	5	17,840	0	0
SVB FINL GROUP	COM	78486Q101	233	1,228	SH		DFND	5	1,228	0	0
SYNCHRONY FINL	COM	87165B103	363	15,484	SH		DFND	5	15,484	0	0
SYNCHRONY FINL	COM	87165B103	3,671	156,500	SH		SOLE		156,500	0	0
SYNOPSYS INC	COM	871607107	135	1,607	SH		DFND	5	1,607	0	0
SYNOPSYS INC	COM	871607107	2,098	24,900	SH		SOLE		24,900	0	0
TAL ED GROUP	SPONSORED ADS	874080104	11,011	412,720	SH		DFND	5	412,720	0	0
TARGET CORP	COM	87612E106	905	13,690	SH		DFND	5	13,690	0	0
TELEFONICA S A	SPONSORED ADR	879382208	1,133	133,966	SH		DFND	5	133,966	0	0
TENARIS S A	SPONSORED ADR	88031M109	3,274	153,570	SH		DFND	5	153,570	0	0
TERNIUM SA	SPON ADR	880890108	540	19,910	SH		DFND	5	19,910	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	5,636	25,183	SH		DFND	5	25,183	0	0
THOR INDS INC	COM	885160101	404	7,775	SH		DFND	5	7,775	0	0
TJX COS INC NEW	COM	872540109	206	4,612	SH		DFND	5	4,612	0	0
TORCHMARK CORP	COM	891027104	234	3,146	SH		DFND	5	3,146	0	0
TOTAL S A	SPONSORED ADR	89151E109	2,012	38,553	SH		DFND	5	38,553	0	0
TOTAL S A	SPONSORED ADR	89151E109	1,565	30,000	SH		SOLE		30,000	0	0
TRAVELERS COMPANIES INC	COM	89417E109	11,542	96,384	SH		DFND	5	96,384	0	0
TWENTY FIRST CENTY FOX INC	CL B	90130A200	9,824	205,600	SH		SOLE		205,600	0	0
TYSON FOODS INC	CL A	902494103	751	14,067	SH		DFND	5	14,067	0	0
UBS GROUP AG	SHS	H42097107	55,991	4,503,970	SH		SOLE		4,503,970	0	0
UGI CORP NEW	COM	902681105	310	5,803	SH		DFND	5	5,803	0	0
UNILEVER PLC	SPON ADR NEW	904767704	1,077	20,620	SH		DFND	5	20,620	0	0
UNION PAC CORP	COM	907818108	514	3,722	SH		DFND	5	3,722	0	0
UNITED CONTL HLDGS INC	COM	910047109	825	9,850	SH		DFND	5	9,850	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	741	7,598	SH		DFND	5	7,598	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	38	389	SH		SOLE		389	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	4,239	39,812	SH		DFND	5	39,812	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	22,677	91,030	SH		DFND	5	91,030	0	0
URANIUM ENERGY CORP	COM	916896103	23	18,000	SH		SOLE		18,000	0	0
US BANCORP DEL	COM NEW	902973304	228	4,988	SH		DFND	5	4,988	0	0
VALE S A	ADR	91912E105	47,818	3,625,347	SH		DFND	5	3,625,347	0	0
VALE S A	ADR	91912E105	150	11,370	SH		SOLE		11,370	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	908	12,115	SH		DFND	5	12,115	0	0
VANGUARD ADMIRAL FDS INC	500 GRTH IDX F	921932505	2,176	16,116	SH		DFND	1	16,116	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	19,070	241,300	SH		DFND	5	241,300	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	4,943	62,544	SH		DFND	3	62,544	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	4,670	59,438	SH		DFND	3	59,438	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	1,210	15,309	SH		DFND	2	15,309	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	1,143	14,551	SH		DFND	2	14,551	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	410	5,218	SH		DFND	1	5,218	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	95,736	416,589	SH		DFND	5	416,589	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	2,222	22,910	SH		DFND	5	22,910	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	2,603	20,396	SH		DFND	5	20,396	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	4,493	19,552	SH		DFND	1	19,552	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	1,597	24,400	SH		DFND	5	24,400	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	16,350	429,142	SH		DFND	5	429,142	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	26,365	542,262	SH		DFND	5	542,262	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	19,859	303,378	SH		DFND	3	303,378	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	6,717	102,619	SH		DFND	2	102,619	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	3,103	81,448	SH		DFND	1	81,448	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	4,207	86,536	SH		DFND	1	86,536	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	254	6,660	SH		SOLE		6,660	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	608	12,514	SH		SOLE		12,514	0	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	41,043	856,500	SH		DFND	5	856,500	0	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	530	11,062	SH		DFND	1	11,062	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	32,901	422,137	SH		DFND	5	422,137	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	765	9,260	SH		DFND	5	9,260	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	1,177	15,103	SH		DFND	1	15,103	0	0
VANGUARD WHITEHALL FDS INC	EMERG MKT BD ETF	921946885	1,305	17,514	SH		DFND	1	17,514	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	5,868	99,820	SH		DFND	5	99,820	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	6,169	38,981	SH		DFND	5	38,981	0	0
VANGUARD WORLD FDS	COMM SRVC ETF	92204A884	4,555	61,730	SH		DFND	5	61,730	0	0
VARIAN MED SYS INC	COM	92220P105	882	7,780	SH		DFND	5	7,780	0	0
VERISIGN INC	COM	92343E102	322	2,173	SH		DFND	5	2,173	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	8,399	149,388	SH		DFND	5	149,388	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	9,765	173,700	SH		DFND	3	173,700	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	3,351	59,604	SH		DFND	2	59,604	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	36	639	SH		SOLE		639	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	873	5,271	SH		DFND	5	5,271	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	57,965	349,800	SH		SOLE		349,800	0	0
VIACOM INC NEW	CL B	92553P201	463	18,024	SH		DFND	5	18,024	0	0
VISA INC	COM CL A	92826C839	26,081	197,674	SH		DFND	5	197,674	0	0
VISA INC	COM CL A	92826C839	3,376	25,586	SH		DFND	3	25,586	0	0
VISA INC	COM CL A	92826C839	566	4,287	SH		DFND	2	4,287	0	0
VISA INC	COM CL A	92826C839	497	3,766	SH		SOLE		3,766	0	0
VOYA FINL INC	COM	929089100	689	17,160	SH		DFND	5	17,160	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	6,527	95,520	SH		DFND	5	95,520	0	0
WALMART INC	COM	931142103	33,789	362,741	SH		DFND	5	362,741	0	0
WALMART INC	COM	931142103	488	5,236	SH		SOLE		5,236	0	0
WASTE MGMT INC DEL	COM	94106L109	184	2,067	SH		DFND	5	2,067	0	0
WASTE MGMT INC DEL	COM	94106L109	30,078	337,995	SH		SOLE		337,995	0	0
WELLS FARGO CO NEW	COM	949746101	7,013	152,182	SH		DFND	5	152,182	0	0
WELLS FARGO CO NEW	COM	949746101	181	3,920	SH		SOLE		3,920	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	577	14,604	SH		DFND	5	14,604	0	0
WESTROCK CO	COM	96145D105	648	17,158	SH		DFND	5	17,158	0	0
WIPRO LTD	SPON ADR 1 SH	97651M109	237	46,200	SH		DFND	5	46,200	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	349	26,031	SH		DFND	5	26,031	0	0
YUM BRANDS INC	COM	988498101	1,875	20,402	SH		DFND	5	20,402	0	0
YUM CHINA HLDGS INC	COM	98850P109	652	19,440	SH		DFND	5	19,440	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	220	2,120	SH		DFND	5	2,120	0	0
ZIONS BANCORPORATION N A	COM	989701107	728	17,875	SH		DFND	5	17,875	0	0
ZOETIS INC	CL A	98978V103	1,043	12,197	SH		DFND	5	12,197	0	0
ZOETIS INC	CL A	98978V103	71	828	SH		SOLE		828	0	0