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
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
ALLERGAN PLC SHS SHS DELETED G0177J108 43,399 187,801 SH   DFND 1,2,3, 187,801 0 0
ALLOT COMMUNICATIONS LTD SHS SHS M0854Q105 2,681 544,840 SH   DFND 1,2,3, 544,840 0 0
ALPHABET INC CAP STK CL A CAP STK CL A ADDED 02079K305 21,559 30,644 SH   DFND 1,2,3, 30,644 0 0
ALPHABET INC CAP STK CL C CAP STK CL C ADDED 02079K107 10,551 15,245 SH   DFND 1,2, 15,245 0 0
AMERICAN AIRLS GROUP INC COM COM 02376R102 20,278 716,271 SH   DFND 1,2,3, 716,271 0 0
AMERICAN INTL GROUP INC COM NEW COM NEW 26874784 31,535 596,239 SH   DFND 1,2,3, 596,239 0 0
APPLE INC COM COM 37833100 1,291 13,500 SH   DFND 1 13,500 0 0
AT&T INC COM COM 00206R102 2,883 66,715 SH   DFND 1 66,715 0 0
BANK AMER CORP COM COM 60505104 24,316 1,832,441 SH   DFND 1,2,3, 1,832,441 0 0
BLACKSTONE GROUP L P COM UNIT LTD COM UNIT LTD 09253U108 16,473 671,263 SH   DFND 1,2,3, 671,263 0 0
CELLCOM ISRAEL LTD SHS SHS M2196U109 1,298 197,526 SH   DFND 1,2, 197,526 0 0
CISCO SYS INC COM COM 17275R102 2,175 75,800 SH   DFND 1 75,800 0 0
CITIGROUP INC COM NEW COM NEW 172967424 27,891 657,971 SH   DFND 1,2,3, 657,971 0 0
CVS HEALTH CORP COM COM 126650100 1,915 20,000 SH   DFND 1 20,000 0 0
DBX ETF TR DB XTR MSCI EUR MSCI EUR 233051853 18 718 SH   DFND 2 718 0 0
DBX ETF TR XTRAK MSCI JAPN XTRAK MSCI JAPN 233051507 281,015 9,132,763 SH   DFND 1,2,3, 9,132,763 0 0
DELPHI AUTOMOTIVE PLC SHS SHS G27823106 19,998 319,456 SH   DFND 1,2,3, 319,456 0 0
ELBIT SYS LTD ORD ORD M3760D101 8,334 91,630 SH   DFND 2 91,630 0 0
ENERGIZER HLDGS INC NEW COM NEW COM 29272W109 15,071 292,690 SH   DFND 1,2,3, 292,690 0 0
GAZIT GLOBE LTD SHS SHS M4793C102 4,023 449,978 SH   DFND 1,2, 449,978 0 0
GENERAL ELECTRIC CO COM COM 369604103 3,116 92,271 SH   DFND 1,2,3, 92,271 0 0
ISHARES MSCI JAPAN ETF MSCI JAPAN ETF 464286848 27,294 2,373,351 SH   DFND 1,2,3, 2,373,351 0 0
ISHARES TR EUROPE ETF EUROPE ETF 464287861 35,341 935,186 SH   DFND 1,2,3, 935,186 0 0
ISHARES TR IBOXX HI YD ETF IBOXX HI YD ETF 464288513 53 624 SH   DFND 2 624 0 0
ISHARES TR MSCI ACWI ETF MSCI ACWI ETF 464288257 12 220 SH   DFND 2 220 0 0
ISHARES TR MSCI UTD KNGDM MSCI UTD KNGDM 46434V548 6,199 403,337 SH   DFND 1,2,3, 403,337 0 0
ISHARES TR NA TEC-SFTWR ETF NA TEC-SFTWR ETF 464287515 146,912 1,396,898 SH   DFND 1,2,3, 1,396,898 0 0
ISHARES TR PHLX SEMICND ETF PHLX SEMICND ETF 464287523 74,158 791,949 SH   DFND 1,2,3, 791,949 0 0
ISHARES TR TRANS AVG ETF TRANS AVG ETF 464287192 1,354 10,092 SH   DFND 2 10,092 0 0
ISHARES TR U.S. BAS MTL ETF U.S. BAS MTL ETF 464287838 19,720 259,677 SH   DFND 1,2,3, 259,677 0 0
ISHARES TR U.S. MED DVC ETF U.S. MED DVC ETF 464288810 105,330 777,054 SH   DFND 1,2,3, 777,054 0 0
ISHARES TR U.S. TELECOM ETF TELECOM ETF 464287713 58,405 1,753,917 SH   DFND 1,2,3, 1,753,917 0 0
ISHARES TR US HLTHCR PR ETF US HLTHCR PR ETF 464288828 603 4,737 SH   DFND 1 4,737 0 0
ISHARES TR US HOME CONS ETF US HOME CONS ETF 464288752 93,471 3,380,495 SH   DFND 1,2,3, 3,380,495 0 0
ISRAEL CHEMICALS LTD SHS SHS M5920A109 2,539 649,982 SH   DFND 1,2,3, 649,982 0 0
JPMORGAN CHASE & CO COM COM 46625H100 30,684 493,793 SH   DFND 1,2,3, 493,793 0 0
MARKET VECTORS ETF TR JP MORGAN EM LC DELETED JP MORGAN EM LC DELETED 57060U522 128 6,800 SH   DFND 2 6,800 0 0
MARKET VECTORS ETF TR OIL SVCS ETF DELETED OIL SVCS ETF DELETED 57060U191 11,387 389,298 SH   DFND 2,3 389,298 0 0
MEDTRONIC PLC SHS COM UNIT LTD G5960L103 34,428 396,771 SH   DFND 1,2,3, 396,771 0 0
MELLANOX TECHNOLOGIES LTD SHS SHS M51363113 7,600 158,461 SH   DFND 1,2,3, 158,461 0 0
METLIFE INC COM COM 59156R108 22,211 557,638 SH   DFND 1,2,3, 557,638 0 0
MOSAIC CO NEW COM COM 61945C103 2,943 112,400 SH   DFND 1 112,400 0 0
MYLAN N V SHS EURO SHS EURO N59465109 99,763 2,307,192 SH   DFND 1,2,3, 2,307,192 0 0
NEWELL BRANDS INC COM COM 651229106 19,294 397,248 SH   DFND 1,2,3, 397,248 0 0
NICE LTD SPONSORED ADR SPONSORED ADR 653656108 37,281 583,882 SH   DFND 1,2,3, 583,882 0 0
NOVA MEASURING INSTRUMENTS L COM COM M7516K103 9,428 861,753 SH   DFND 1,2,3, 861,753 0 0
NOVARTIS A G SPONSORED ADR SPONSORED ADR 66987V109 1,408 17,060 SH   DFND 1 17,060 0 0
OPKO HEALTH INC COM COM 68375N103 21,053 2,254,025 SH   DFND 1,2,3, 2,254,025 0 0
ORBOTECH LTD ORD ORD M75253100 25,750 1,007,843 SH   DFND 1,2,3, 1,007,843 0 0
ORMAT TECHNOLOGIES INC COM COM 686688102 99,178 2,266,398 SH   DFND 1,2,3, 2,266,398 0 0
PAYPAL HLDGS INC COM COM 70450Y103 25,340 694,053 SH   DFND 1,2, 694,053 0 0
PERRIGO CO PLC SHS SHS G97822103 33,027 364,257 SH   DFND 1,2,3, 364,257 0 0
PFIZER INC COM COM 717081103 3,170 90,036 SH   DFND 1 90,036 0 0
PJT PARTNERS INC COM CL A COM CL A 69343T107 18 782 SH   DFND 1 782 0 0
POTASH CORP SASK INC COM COM 73755L107 1,946 119,800 SH   DFND 1 119,800 0 0
POWERSHARES QQQ TRUST UNIT SER 1 UNIT SER 1 73935A104 57,227 531,015 SH   DFND 1,2,3, 531,015 0 0
PROSHARES TR SHRT 20+YR TRE SHRT 20+YR TRE 74347X849 10,151 482,229 SH   DFND 1,2, 482,229 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT GUG S&P500 EQ WT 78355W106 15,669 195,008 SH   DFND 1,2, 195,008 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR SBI CONS DISCR 81369Y407 173,584 2,223,730 SH   DFND 1,2,3, 2,223,730 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS SBI CONS STPLS 81369Y308 221,494 4,016,209 SH   DFND 1,2,3, 4,016,209 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE SBI HEALTHCARE 81369Y209 83,430 1,163,514 SH   DFND 1,2,3, 1,163,514 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY SBI INT-ENERGY 81369Y506 100,920 1,478,891 SH   DFND 1,2,3, 1,478,891 0 0
SELECT SECTOR SPDR TR SBI INT-FINL SBI INT-FINL 81369Y605 135,371 5,923,051 SH   DFND 1,2,3, 5,923,051 0 0
SELECT SECTOR SPDR TR SBI INT-INDS SBI INT-INDS 81369Y704 90,011 1,607,058 SH   DFND 1,2,3, 1,607,058 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS TR SBI INT-UTILS 81369Y886 3,658 69,720 SH   DFND 1 69,720 0 0
SELECT SECTOR SPDR TR TECHNOLOGY TECHNOLOGY 81369Y803 156,002 3,596,995 SH   DFND 1,2,3, 3,596,995 0 0
SPDR INDEX SHS FDS EURO STOXX 50 EURO STOXX 50 78463X202 12,281 393,992 SH   DFND 1,2,3, 393,992 0 0
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 243,585 1,160,198 SH   DFND 1,2,3, 1,160,198 0 0
SPDR SERIES TRUST S&P CAP MKTS S&P CAP MKTS 78464A771 25,101 694,169 SH   DFND 1,2,3, 694,169 0 0
SPDR SERIES TRUST S&P INS ETF S&P INS ETF 78464A789 113,465 1,595,626 SH   DFND 1,2,3, 1,595,626 0 0
SPDR SERIES TRUST S&P RETAIL ETF S&P RETAIL ETF 78464A714 144 3,440 SH   DFND 1 3,440 0 0
SPIRIT AIRLS INC COM COM 848577102 14,582 324,993 SH   DFND 1,2,3, 324,993 0 0
STEEL DYNAMICS INC COM COM 858119100 5,245 214,076 SH   DFND 2,3 214,076 0 0
TEVA PHARMACEUTICAL INDS LTD ADR ADR 881624209 160,580 3,196,901 SH   DFND 1,2,3, 3,196,901 0 0
UBS GROUP AG SHS SHS NEW H42097107 17,137 1,322,268 SH   DFND 1,2,3, 1,322,268 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF ADDED GOLD MINERS ETF ADDED 92189F106 1,995 72,000 SH   DFND 1 72,000 0 0
VANECK VECTORS ETF TR JP MORGAN MKTS ADDED JP MORGAN MKTS ADDED 92189F494 24 1,250 SH   DFND 1 1,250 0 0
VANECK VECTORS ETF TR OIL SVCS ETF ADDED OIL SVCS ETF ADDED 92189F718 39,365 1,345,815 SH   DFND 1,2, 1,345,815 0 0
VANECK VECTORS ETF TR PHARMACEUTICAL E ADDED PHARMACEUTICAL E ADDED 92189F692 3,259 55,600 SH   DFND 1 55,600 0 0
VANGUARD INDEX FDS REIT ETF REIT ETF 922908553 4,389 49,500 SH   DFND 1 49,500 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS SHS 922908363 16,967 88,277 SH   DFND 1,2, 88,277 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF ETF 922042874 39 841 SH   DFND 2 841 0 0
VANGUARD WORLD FDS TELCOMM ETF ETF 92204A884 81,550 828,763 SH   DFND 1,2,3, 828,763 0 0
VERINT SYS INC COM COM 92343X100 15,530 468,769 SH   DFND 1,2,3, 468,769 0 0
WALGREENS BOOTS ALLIANCE INC COM COM 931427108 1,033 12,400 SH   DFND 1 12,400 0 0
WISDOMTREE TR JAPN HEDGE EQT JAPN HEDGE EQT 97717W851 4,131 106,522 SH   DFND 1,2, 106,522 0 0
B COMMUNICATIONS LTD SHS SHS M15629104 12,001 476,228 SH   DFND 1,2, 476,228 0 0
DBX ETF TR DB XTRAKR MSCI ETF 233051861 160 7,013 SH   DFND 1,2, 7,013 0 0
EVOGENE LTD SHS SHS M4119S104 3,744 599,981 SH   DFND 1,2,3, 599,981 0 0
HSBC HLDGS PLC SDCV 5.625%12/2 SDCV 5.625%12/2 404280AR0 25,848 26,200,000 SH   DFND 1,2,3, 26,200,000 0 0
ITURAN LOCATION AND CONTROL SHS SHS M6158M104 3,301 144,874 SH   DFND 1 144,874 0 0
PIMCO ETF TR INV GRD CRP BD INV GRD CRP BD 72201R817 422 3,972 SH   DFND 2 3,972 0 0
SAPIENS INTL CORP N V SHS NEW SHS NEW N7716A151 2,630 224,632 SH   DFND 1,2,3, 224,632 0 0
SPDR SERIES TRUST AEROSPACE DEF DEF 78464A631 59,453 1,064,895 SH   DFND 1,2,3, 1,064,895 0 0
WISDOMTREE TR INTL DIV EX FINL INTL DIV EX FINL 97717W786 5,246 138,700 SH   DFND 1 138,700 0 0
ISHARES TR U.S. PFD STK ETF U.S. PFD STK ETF 464288687 5 126 SH   DFND 2 126 0 0
SPDR SERIES TRUST BRC HGH YLD BD BRC HGH YLD BD 78464A417 619 17,330 SH   DFND 2 17,330 0 0
ISHARES TR MSCI EMG MKT ETF MKT ETF 464287234 170,000 4,947,625 SH   DFND 1,2,3, 4,947,625 0 0
ISHARES MSCI STH KOR ETF MSCI STH KOR ETF 464286772 48,259 926,808 SH   DFND 1,2,3, 926,808 0 0
ISHARES MSCI TAIWAN ETF MSCI TAIWAN ETF 464286731 1,616 115,006 SH   DFND 2 115,006 0 0
ISHARES TR MSCI EMG MKT ETF MKT ETF 464287234 32,806 954,759 SH   DFND 2 954,759 0 0
ISHARES MSCI TAIWAN ETF MSCI TAIWAN ETF 464286731 1,631 116,090 SH   DFND 1,2, 116,090 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF ETF 922042858 7,257 206,000 SH   DFND 1 206,000 0 0
ISHARES TR MSCI INDIA ETF MSCI INDIA ETF 46429B598 128,022 4,585,302 SH   DFND 1,2,3, 4,585,302 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF ETF 808524706 431 20,248 SH   DFND 1,2, 20,248 0 0
SOCIETE GENERALE DEBT 8.250%12/2 ADDED SOCIETE GENERALE DEBT 8.250%12/2 ADDED F849BQAA2 5,557 5,482,605 SH   DFND 1,2,3, 5,482,605 0 0
HSBC HLDGS PLC NOTE 6.375%12/2 ADDED HSBC HLDGS PLC NOTE 6.375%12/2 ADDED 404280AT6 20,698 21,400,000 SH   DFND 1,2,3, 21,400,000 0 0