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
ABB LTD SPONSORED ADR SPONSORED ADR 000375204 27,680 1,308,732 SH   DFND 1,2,3 27,680 0 0
AMDOCS LTD SHS SHS G02602103 19,508 417,042 SH   DFND 1,2,3 19,508 0 0
AMERICAN AIRLS GROUP INC COM COM 02376R102 52,350 976,142 SH   DFND 1,2,3 52,350 0 0
AMERICAN INTL GROUP INC COM NEW COM NEW 026874784 44,372 792,209 SH   DFND 1,2,3 44,372 0 0
BANK AMER CORP COM COM 060505104 48,860 2,731,161 SH   DFND 1,2,3 48,860 0 0
CELLCOM ISRAEL LTD SHS SHS M2196U109 1,709 197,526 SH   DFND 1,2 1,709 0 0
CHESAPEAKE ENERGY CORP COM COM 165167107 9,060 462,943 SH   DFND 1,2,3 9,060 0 0
CITIGROUP INC COM NEW COM NEW 172967424 37,737 697,409 SH   DFND 1,2,3 37,737 0 0
CNH INDL N V SHS SHS N20944109 836 103,680 SH   DFND 2 836 0 0
ELBIT SYS LTD ORD ORD M3760D101 5,565 91,630 SH   DFND 2 5,565 0 0
EZCHIP SEMICONDUCTOR LIMITED ORD ORD M4146Y108 5,759 300,884 SH   DFND 1,2 5,759 0 0
FIRST TR EXCH TRD ALPHA FD I EUROPE ALPHA EUROPE ALPHA 33737J117 44 1,501 SH   DFND 1 44 0 0
FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX DJ INTERNT IDX 33733E302 45 738 SH   DFND 2 45 0 0
FIRST TR ISE REVERE NAT GAS COM COM 33734J102 90 8,042 SH   DFND 2,3 90 0 0
FORD MTR CO DEL COM PAR $0.01 COM PAR $0.01 345370860 41,356 2,667,255 SH   DFND 1,2,3 41,356 0 0
GAZIT GLOBE LTD SHS SHS M4793C102 5,329 450,000 SH   DFND 1,2 5,329 0 0
GENERAL ELECTRIC CO COM COM 369604103 50,984 2,003,722 SH   DFND 1,2,3 50,984 0 0
GLOBAL X FDS CHINA CONS ETF CHINA CONS ETF 37950E408 7 574 SH   DFND 2 7 0 0
GOOGLE INC CL A CL A 38259P508 29,047 54,738 SH   DFND 1,2,3 29,047 0 0
GOOGLE INC CL C CL C 38259P706 25,436 48,320 SH   DFND 1,2,3 25,436 0 0
HALLIBURTON CO COM COM 406216101 35,535 903,472 SH   DFND 1,2,3 35,535 0 0
ISHARES 1-3 YR CR BD ETF 1-3 YR CR BD ETF 464288646 20 189 SH   DFND 1 20 0 0
ISHARES CORE US CR BD CORE US CR BD 464288620 492 4,386 SH   DFND 1 492 0 0
ISHARES IBOXX HI YD ETF IBOXX HI YD ETF 464288513 56 624 SH   DFND 2 56 0 0
ISHARES INC CORE MSCI EMKT CORE MSCI EMKT 46434G103 61,005 2,036,895 SH   DFND 1,2,3 61,005 0 0
ISHARES INTERM CR BD ETF INTERM CR BD ETF 464288638 58 531 SH   DFND 1,2 58 0 0
ISHARES MSCI ACWI ETF MSCI ACWI ETF 464288257 32 543 SH   DFND 2 32 0 0
ISHARES MSCI AUST ETF MSCI AUST ETF 464286103 9 406 SH   DFND 2 9 0 0
ISHARES MSCI BRZ CAP ETF MSCI BRZ CAP ETF 464286400 1,898 51,895 SH   DFND 1,2 1,898 0 0
ISHARES MSCI GERMANY ETF MSCI GERMANY ETF 464286806 370 13,483 SH   DFND 2 370 0 0
ISHARES MSCI ITALCPD ETF MSCI ITALCPD ETF 464286855 11,134 818,686 SH   DFND 1,2,3 11,134 0 0
ISHARES MSCI JAPAN ETF MSCI JAPAN ETF 464286848 193 17,135 SH   DFND 1,2 193 0 0
ISHARES MSCI MEX CAP ETF MSCI MEX CAP ETF 464286822 8 130 SH   DFND 2 8 0 0
ISHARES MSCI PAC JP ETF MSCI PAC JP ETF 464286665 35 802 SH   DFND 2 35 0 0
ISHARES MSCI STH KOR ETF MSCI STH KOR ETF 464286772 55,981 1,012,496 SH   DFND 1,2,3 55,981 0 0
ISHARES MSCI TAIWAN ETF MSCI TAIWAN ETF 464286731 23,612 1,562,666 SH   DFND 1,2,3 23,612 0 0
ISHARES TR CHINA LG-CAP ETF CHINA LG-CAP ETF 464287184 60,202 1,444,648 SH   DFND 1,2,3 60,202 0 0
ISHARES TR EUROPE ETF EUROPE ETF 464287861 13,183 309,367 SH   DFND 1,2,3 13,183 0 0
ISHARES TR MSCI EMG MKT ETF MSCI EMG MKT ETF 464287234 1,373 34,944 SH   DFND 1,2 1,373 0 0
ISHARES TR MSCI UTD KNGDM ADDED MSCI UTD KNGDM 46434V548 5,676 314,823 SH   DFND 1,2,3 5,676 0 0
ISHARES TR NA TEC-SFTWR ETF NA TEC-SFTWR ETF 464287515 124,713 1,343,873 SH   DFND 1,2,3 124,713 0 0
ISHARES TR NASDQ BIOTEC ETF NASDQ BIOTEC ETF 464287556 19,945 65,749 SH   DFND 1,2 19,945 0 0
ISHARES TR PHLX SEMICND ETF PHLX SEMICND ETF 464287523 181,877 1,956,472 SH   DFND 1,2,3 181,877 0 0
ISHARES TR S&P 100 ETF S&P 100 ETF 464287101 53 584 SH   DFND 2 53 0 0
ISHARES TR TRANS AVG ETF TRANS AVG ETF 464287192 142,257 866,280 SH   DFND 1,2,3 142,257 0 0
ISHARES TR U.S. BAS MTL ETF U.S. BAS MTL ETF 464287838 37,330 452,614 SH   DFND 1,2,3 37,330 0 0
ISHARES TR U.S. CNSM GD ETF U.S. CNSM GD ETF 464287812 4,851 46,305 SH   DFND 2 4,851 0 0
ISHARES TR U.S. TELECOM ETF U.S. TELECOM ETF 464287713 57,192 1,953,202 SH   DFND 1,2,3 57,192 0 0
ISHARES U.S. MED DVC ETF U.S. MED DVC ETF 464288810 157,973 1,396,561 SH   DFND 1,2,3 157,973 0 0
ISHARES U.S. PFD STK ETF U.S. PFD STK ETF 464288687 5 126 SH   DFND 2 5 0 0
ISHARES US HLTHCR PR ETF US HLTHCR PR ETF 464288828 5,170 43,680 SH   DFND 1 5,170 0 0
ISHARES US HOME CONS ETF US HOME CONS ETF 464288752 17,136 662,019 SH   DFND 1,2,3 17,136 0 0
JPMORGAN CHASE & CO COM COM 46625H100 27,118 433,329 SH   DFND 1,2,3 27,118 0 0
LUMENIS LTD SHS CL B SHS CL B M6778Q121 5 582 SH   DFND 2 5 0 0
MARATHON PETE CORP COM COM 56585A102 12,032 133,301 SH   DFND 1,2,3 12,032 0 0
MARKET VECTORS ETF TR AGRIBUS ETF AGRIBUS ETF 57060U605 104 1,980 SH   DFND 3 104 0 0
MARKET VECTORS ETF TR EM LC CURR DBT EM LC CURR DBT 57060U522 171 8,050 SH   DFND 1,2 171 0 0
MARKET VECTORS ETF TR OIL SVCS ETF OIL SVCS ETF 57060U191 50,411 1,403,419 SH   DFND 1,2,3 50,411 0 0
MARKET VECTORS ETF TR PHARMACEUTICAL PHARMACEUTICAL 57060U217 13,698 212,940 SH   DFND 1,2,3 13,698 0 0
MARKET VECTORS ETF TR RUSSIA ETF RUSSIA ETF 57060U506 7 471 SH   DFND 2 7 0 0
MARKET VECTORS ETF TR SEMICONDUCTOR SEMICONDUCTOR 57060U233 9,496 173,864 SH   DFND 1,2,3 9,496 0 0
MELLANOX TECHNOLOGIES LTD SHS SHS M51363113 31,536 738,026 SH   DFND 1,2,3 31,536 0 0
METLIFE INC COM COM 59156R108 39,023 721,439 SH   DFND 1,2,3 39,023 0 0
MOBILEYE N V AMSTELVEEN ORD SHS ADDED ORD SHS N51488117 31,571 778,375 SH   DFND 1 31,571 0 0
NICE SYS LTD SPONSORED ADR SPONSORED ADR 653656108 24,944 492,483 SH   DFND 1,2,3 24,944 0 0
NOVA MEASURING INSTRUMENTS L COM COM M7516K103 14,415 1,387,437 SH   DFND 1,2,3 14,415 0 0
NOVARTIS A G SPONSORED ADR SPONSORED ADR 66987V109 29,219 315,337 SH   DFND 1,2,3 29,219 0 0
NUCOR CORP COM COM 670346105 825 16,700 SH   DFND 1 825 0 0
ORBOTECH LTD ORD ORD M75253100 40,866 2,761,238 SH   DFND 1,2,3 40,866 0 0
ORMAT TECHNOLOGIES INC COM COM 686688102 102,033 3,753,966 SH   DFND 1,2,3 102,033 0 0
PARTNER COMMUNICATIONS CO LT ADR ADR 70211M109 1,323 261,500 SH   DFND 2 1,323 0 0
PERRIGO CO PLC SHS SHS G97822103 113,757 680,523 SH   DFND 1,2,3 113,757 0 0
PFIZER INC COM COM 717081103 36,797 1,181,300 SH   DFND 1,2,3 36,797 0 0
PIMCO ETF TR ENHAN SHRT MAT ENHAN SHRT MAT 72201R833 430 4,248 SH   DFND 1 430 0 0
POWERSHARES ETF TRUST BASIC MAT SECT BASIC MAT SECT 73935X427 63 1,194 SH   DFND 1 63 0 0
POWERSHARES ETF TRUST DYN MEDIA PORT DYN MEDIA PORT 73935X823 15,684 612,914 SH   DFND 1,2 15,684 0 0
POWERSHARES QQQ TRUST UNIT SER 1 UNIT SER 1 73935A104 172,689 1,672,506 SH   DFND 1,2,3 172,689 0 0
POWERSHS DB MULTI SECT COMM DB ENERGY FUND DB ENERGY FUND 73936B101 14 805 SH   DFND 1 14 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT GUG S&P500 EQ WT 78355W106 39 493 SH   DFND 1 39 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR SBI CONS DISCR 81369Y407 266,687 3,696,281 SH   DFND 1,2,3 266,687 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS SBI CONS STPLS 81369Y308 96,328 1,986,552 SH   DFND 1,2,3 96,328 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE SBI HEALTHCARE 81369Y209 122,413 1,790,071 SH   DFND 1,2,3 122,413 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY SBI INT-ENERGY 81369Y506 12,309 155,458 SH   DFND 1,2,3 12,309 0 0
SELECT SECTOR SPDR TR SBI INT-FINL SBI INT-FINL 81369Y605 189,287 7,650,515 SH   DFND 1,2,3 189,287 0 0
SELECT SECTOR SPDR TR SBI INT-INDS SBI INT-INDS 81369Y704 109,652 1,937,992 SH   DFND 1,2,3 109,652 0 0
SELECT SECTOR SPDR TR SBI MATERIALS SBI MATERIALS 81369Y100 34,648 712,929 SH   DFND 1,2,3 34,648 0 0
SELECT SECTOR SPDR TR TECHNOLOGY TECHNOLOGY 81369Y803 65,522 1,584,544 SH   DFND 1,2,3 65,522 0 0
SPDR INDEX SHS FDS ASIA PACIF ETF ASIA PACIF ETF 78463X301 35,512 423,057 SH   DFND 1,2,3 35,512 0 0
SPDR INDEX SHS FDS EURO STOXX 50 EURO STOXX 50 78463X202 10,869 292,993 SH   DFND 1,2,3 10,869 0 0
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 127,364 618,932 SH   DFND 1,2,3 127,364 0 0
SPDR SERIES TRUST BRC HGH YLD BD BRC HGH YLD BD 78464A417 672 17,330 SH   DFND 2 672 0 0
SPDR SERIES TRUST S&P BK ETF S&P BK ETF 78464A797 15,666 466,949 SH   DFND 1,2,3 15,666 0 0
SPDR SERIES TRUST S&P CAP MKTS S&P CAP MKTS 78464A771 149,846 2,946,252 SH   DFND 1,2,3 149,846 0 0
SPDR SERIES TRUST S&P INS ETF S&P INS ETF 78464A789 73,007 1,094,720 SH   DFND 1,2,3 73,007 0 0
SPDR SERIES TRUST S&P METALS MNG S&P METALS MNG 78464A755 21,587 699,527 SH   DFND 1,2,3 21,587 0 0
SPDR SERIES TRUST S&P OILGAS EXP S&P OILGAS EXP 78464A730 22 470 SH   DFND 2 22 0 0
SPDR SERIES TRUST S&P REGL BKG S&P REGL BKG 78464A698 34,672 851,896 SH   DFND 1,2,3 34,672 0 0
SPDR SERIES TRUST S&P RETAIL ETF S&P RETAIL ETF 78464A714 321 3,340 SH   DFND 1 321 0 0
STEEL DYNAMICS INC COM COM 858119100 22,497 1,135,400 SH   DFND 1,2,3 22,497 0 0
SYMANTEC CORP COM COM 871503108 8,661 337,592 SH   DFND 1,2,3 8,661 0 0
TEREX CORP NEW COM COM 880779103 22,517 807,637 SH   DFND 1,2,3 22,517 0 0
TESORO CORP COM COM 881609101 15,350 206,450 SH   DFND 1,2,3 15,350 0 0
TEVA PHARMACEUTICAL INDS LTD ADR ADR 881624209 256,246 4,455,663 SH   DFND 1,2,3 256,246 0 0
UBS AG SHS NEW SHS NEW H89231338 21,702 1,312,912 SH   DFND 1,2,3 21,702 0 0
VALERO ENERGY CORP NEW COM COM 91913Y100 12,841 259,393 SH   DFND 1,2,3 12,841 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS S&P 500 ETF SHS 922908363 34 178 SH   DFND 1 34 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF FTSE EMR MKT ETF 922042858 915 22,858 SH   DFND 1,2,3 915 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF FTSE EUROPE ETF 922042874 61 1,173 SH   DFND 1 61 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP INT-TERM CORP 92206C870 831 9,640 SH   DFND 1,2 831 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD SHRT TRM CORP BD 92206C409 754 9,466 SH   DFND 1 754 0 0
VANGUARD WORLD FDS CONSUM DIS ETF CONSUM DIS ETF 92204A108 22 189 SH   DFND 1 22 0 0
VANGUARD WORLD FDS CONSUM STP ETF CONSUM STP ETF 92204A207 7,048 56,277 SH   DFND 1,2,3 7,048 0 0
VANGUARD WORLD FDS FINANCIALS ETF FINANCIALS ETF 92204A405 1,968 39,588 SH   DFND 2 1,968 0 0
VERINT SYS INC COM COM 92343X100 0 3 SH   DFND 2 0 0 0
WISDOMTREE TR ASIA PAC EXJP FD ASIA PAC EXJP FD 97717W828 32 491 SH   DFND 1 32 0 0
WISDOMTREE TR EM LCL DEBT FD EM LCL DEBT FD 97717X867 158 3,802 SH   DFND 2 158 0 0
WISDOMTREE TR EMG MKTS SMCAP EMG MKTS SMCAP 97717W281 9 199 SH   DFND 2 9 0 0
WISDOMTREE TR JAPN HEDGE EQT JAPN HEDGE EQT 97717W851 222,176 4,513,015 SH   DFND 1,2,3 222,176 0 0
B COMMUNICATIONS LTD SHS SHS M15629104 8,570 482,828 SH   DFND 1,2 8,570 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG BULL 2015 GUGG BULL 2015 18383M423 16 600 SH   DFND 2 16 0 0
EVOGENE LTD SHS SHS M4119S104 5,526 600,000 SH   DFND 1,2,3 5,526 0 0
FIRST TR EXCH TRD ALPHA FD I JAPAN ALPHADEX JAPAN ALPHADEX 33737J158 39 869 SH   DFND 1 39 0 0
FIRST TR EXCH TRD ALPHA FD I STH KOREA ALPH STH KOREA ALPH 33737J166 34 1,400 SH   DFND 1 34 0 0
FIRST TR EXCH TRD ALPHA FD I TAIWAN ALPHADE TAIWAN ALPHADE 33737J257 46 1,263 SH   DFND 1 46 0 0
FIRST TR EXCH TRD ALPHA FD I UNIT KING ALPH UNIT KING ALPH 33737J224 51 1,294 SH   DFND 1 51 0 0
ISHARES U.S. INSRNCE ETF U.S. INSRNCE ETF 464288786 12,202 243,957 SH   DFND 1,2,3 12,202 0 0
ISRAEL CHEMICALS LTD SHS ADDED SHS M5920A109 4,713 650,000 SH   DFND 1,2,3 4,713 0 0
PIMCO ETF TR INV GRD CRP BD INV GRD CRP BD 72201R817 1,329 12,885 SH   DFND 1,2 1,329 0 0
POWERSHARES ETF TR II KBW RG BK PORT KBW RG BK PORT 73937B712 69 1,710 SH   DFND 1 69 0 0
SPDR SERIES TRUST BRCLY INTL CRP BRCLY INTL CRP 78464A151 75 2,195 SH   DFND 1 75 0 0
SPDR SERIES TRUST BRCLYS AGG ETF BRCLYS AGG ETF 78464A649 661 11,308 SH   DFND 1 661 0 0
SPDR SERIES TRUST INTR TRM CORP BD INTR TRM CORP BD 78464A375 1,138 33,232 SH   DFND 1,2 1,138 0 0