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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APPLE INC COM 037833100   564,841 2,912 SH   DFND   0 0 2,912
DONALDSON INC COM 257651109   286,483 4,583 SH   DFND   0 0 4,583
FS KKR CAP CORP COM 302635206   220,589 11,501 SH   DFND   0 0 11,501
ISHARES TR MBS ETF 464288588   758,431 8,132 SH   DFND   0 0 8,132
SCHWAB STRATEGIC TR US SML CAP ETF 808524607   3,978,123 90,825 SH   DFND   0 0 90,825
US BANCORP DEL COM NEW 902973304   305,653 9,251 SH   DFND   0 0 9,251
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   3,788,111 9,301 SH   DFND   0 0 9,301
ABERDEEN GLOBAL DYNAMIC DIVI COM 00302M106   12,640 1,325 SH   DFND   0 0 1,325
AMERICAN TOWER CORP NEW COM 03027X100   1,967,715 10,146 SH   DFND   0 0 10,146
ARES CAPITAL CORP COM 04010L103   3,016,490 160,537 SH   DFND   0 0 160,537
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102   216,336 7,907 SH   DFND   0 0 7,907
CARDINAL HEALTH INC COM 14149Y108   963,385 10,187 SH   DFND   0 0 10,187
CROWN CASTLE INTL CORP NEW COM 22822V101   1,423,224 12,491 SH   DFND   0 0 12,491
ETF SER SOLUTIONS NETLEASE CORP 26922A248   1,933,719 79,741 SH   DFND   0 0 79,741
FS CREDIT OPPORTUNITIES CORP COMMON STOCK 30290Y101   79,187 16,671 SH   DFND   0 0 16,671
FIRST TR EXCHANGE-TRADED FD NAT GAS ETF 33733E807   3,841,595 165,017 SH   DFND   0 0 165,017
FIRST TR EXCHANGE TRADED FD CLOUD COMPUTING 33734X192   1,896,525 24,974 SH   DFND   0 0 24,974
FIRST TR EXCHANGE-TRADED FD SENIOR LN FD 33738D309   3,670,432 81,025 SH   DFND   0 0 81,025
FIRST TR EXCHANGE-TRADED FD DORSEYWRGT ETF 33738R712   2,364,845 91,448 SH   DFND   0 0 91,448
FIRST TR MLP & ENERGY INCOME COM 33739B104   2,503,490 324,707 SH   DFND   0 0 324,707
FIRST TR EXCH TRADED FD III LNG/SHT EQUITY 33739P103   2,444,599 46,308 SH   DFND   0 0 46,308
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST US 33740F482   960,972 30,224 SH   DFND   0 0 30,224
FIRST TR EXCHNG TRADED FD VI FT CBOE VEST BFR 33740F623   3,405,042 91,558 SH   DFND   0 0 91,558
FIRST TR EXCHNG TRADED FD VI US EQT BUFFER 33740F763   263,787 6,622 SH   DFND   0 0 6,622
GLOBAL X FDS S&P 500 COVERED 37954Y475   1,960,342 47,755 SH   DFND   0 0 47,755
INVESCO EXCHANGE TRADED FD T S&P500 BUY WRT 46137V399   2,290,150 103,533 SH   DFND   0 0 103,533
INVESCO EXCHANGE TRADED FD T DYNMC ENRG EXP 46137V761   2,965,370 106,553 SH   DFND   0 0 106,553
INVESCO DB COMMDY INDX TRCK UNIT 46138B103   1,955,332 86,138 SH   DFND   0 0 86,138
INVESCO EXCHANGE-TRADED FD T KBW PREM YIELD 46138E594   1,694,813 94,366 SH   DFND   0 0 94,366
INVESCO EXCHANGE-TRADED FD T FNDMNTL HY CRP 46138E719   4,373,583 250,205 SH   DFND   0 0 250,205
POWERSHARES DB MULTI-SECTOR ENERGY FD 46140H304   2,436,449 123,076 SH   DFND   0 0 123,076
ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107   1,929,451 98,997 SH   DFND   0 0 98,997
ISHARES TR US TREAS BD ETF 46429B267   4,669,585 203,912 SH   DFND   0 0 203,912
ISHARES U S ETF TR COMMOD SEL STG 46431W853   1,461,011 56,236 SH   DFND   0 0 56,236
ISHARES TR CONV BD ETF 46435G102   683,269 8,948 SH   DFND   0 0 8,948
J P MORGAN EXCHANGE-TRADED F ULTRA SHRT INC 46641Q837   403,978 8,057 SH   DFND   0 0 8,057
JANUS DETROIT STR TR HENDRSN SHRT ETF 47103U886   3,926,283 82,157 SH   DFND   0 0 82,157
MONSTER BEVERAGE CORP NEW COM 61174X109   864,817 15,056 SH   DFND   0 0 15,056
NETFLIX INC COM 64110L106   1,059,379 2,405 SH   DFND   0 0 2,405
PACER FDS TR SWAN SOS MODERAT 69374H519   2,123,328 90,344 SH   DFND   0 0 90,344
PACER FDS TR SWAN SOS MOD JAN 69374H550   802,994 32,840 SH   DFND   0 0 32,840
PACER FDS TR BNCHMRK INDSTR 69374H766   1,811,549 46,292 SH   DFND   0 0 46,292
PIMCO ETF TR ENHNCD LW DUR AC 72201R718   2,018,244 21,530 SH   DFND   0 0 21,530
PIMCO ETF TR ENHAN SHRT MA AC 72201R833   460,392 4,615 SH   DFND   0 0 4,615
PIMCO DYNAMIC INCOME FD SHS 72201Y101   2,322,656 123,875 SH   DFND   0 0 123,875
SPDR S&P 500 ETF TR TR UNIT 78462F103   29,052,060 65,539 SH   DFND   0 0 65,539
SPDR INDEX SHS FDS EURO STOXX 50 78463X202   3,055,417 66,451 SH   DFND   0 0 66,451
SPDR SER TR PORTFOLIO S&P400 78464A847   8,875,957 193,418 SH   DFND   0 0 193,418
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608   1,176,547 28,100 SH   DFND   0 0 28,100
SPDR SER TR BLOOMBERG BRCLYS 78468R622   5,062,201 55,006 SH   DFND   0 0 55,006
SPDR SER TR SPDR BLOOMBERG 78468R663   2,134,117 23,242 SH   DFND   0 0 23,242
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   19,182,272 144,521 SH   DFND   0 0 144,521
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   9,643,435 130,018 SH   DFND   0 0 130,018
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407   7,942,184 46,771 SH   DFND   0 0 46,771
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704   6,030,203 56,189 SH   DFND   0 0 56,189
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803   20,388,910 117,272 SH   DFND   0 0 117,272
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852   9,887,994 151,936 SH   DFND   0 0 151,936
TESLA INC COM 88160R101   223,813 855 SH   DFND   0 0 855
TEUCRIUM COMMODITY TR CORN FD SHS 88166A102   2,007,795 90,482 SH   DFND   0 0 90,482
TWO RDS SHARED TR ANFIELD CAP DI 90213U115   1,547,521 182,061 SH   DFND   0 0 182,061
TWO RDS SHARED TR REGENTS PK HDGD 90214Q642   680,228 76,523 SH   DFND   0 0 76,523
TWO RDS SHARED TR ANFIELD DYNAMIC 90214Q725   2,412,296 285,310 SH   DFND   0 0 285,310
TWO RDS SHARED TR ANFIELD US EQU 90214Q733   12,609,387 986,650 SH   DFND   0 0 986,650
VANECK VECTORS ETF TR BDC INCOME ETF 92189F411   2,164,531 140,920 SH   DFND   0 0 140,920
VERTEX PHARMACEUTICALS INC COM 92532F100   916,373 2,604 SH   DFND   0 0 2,604
ROYAL CARIBBEAN CRUISES LTD COM V7780T103   1,163,651 11,217 SH   DFND   0 0 11,217