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
AERCAP HOLDINGS NV SHS NV SHS N00985106 33,288 800,000 SH   DFND 1,2,3, 800,000 0 0
ALLERGAN PLC SHS SHS DELETED G0177J108 37,172 177,000 SH   DFND 1,2,3, 177,000 0 0
ALLOT COMMUNICATIONS LTD SHS SHS M0854Q105 6,177 1,289,596 SH   DFND 1,2,3, 1,289,596 0 0
ALPHABET INC CAP STK CL A CAP STK CL A ADDED 02079K305 33,679 42,500 SH   DFND 1,2,3, 42,500 0 0
ALPHABET INC CAP STK CL C CAP STK CL C ADDED 02079K107 2,721 3,526 SH   DFND 1, 3,526 0 0
APPLE INC COM COM 037833100 1,564 13,500 SH   DFND 1, 13,500 0 0
BANK AMER CORP COM COM 060505104 30,964 1,400,000 SH   DFND 1,2,3, 1,400,000 0 0
CELLCOM ISRAEL LTD SHS SHS M2196U109 1,566 197,526 SH   DFND 1,2, 197,526 0 0
CHECK POINT SOFTWARE TECH LT ORD ORD M22465104 2,327 27,554 SH   DFND 1,2,3, 27,554 0 0
CISCO SYS INC COM COM 17275R102 2,291 75,800 SH   DFND 1, 75,800 0 0
CVS HEALTH CORP COM COM 126650100 1,578 20,000 SH   DFND 1, 20,000 0 0
DBX ETF TR XTRAK MSCI JAPN XTRAK MSCI JAPN 233051507 910,909 24,470,714 SH   DFND 1,2,3, 24,470,714 0 0
ELBIT SYS LTD ORD ORD M3760D101 9,336 91,630 SH   DFND 2 91,630 0 0
FACEBOOK INC CL A INC CL A 30303M102 43,316 376,500 SH   DFND 1,2,3, 376,500 0 0
GAZIT GLOBE LTD SHS SHS M4793C102 3,888 449,978 SH   DFND 1,2, 449,978 0 0
ISHARES INC CORE MSCI EMKT MSCI EMKT 46434G103 76,037 1,791,224 SH   DFND 1,2,3, 1,791,224 0 0
ISHARES TR EUROPE ETF EUROPE ETF 464287861 40,951 1,055,160 SH   DFND 1,2,3, 1,055,160 0 0
ISHARES TR HDG MSCI JAPAN ISHARES TR HDG MSCI JAPAN 46434V886 76,305 2,724,615 SH   DFND 1,2,3, 2,724,615 0 0
ISHARES TR MSCI ACWI ETF MSCI ACWI ETF 464288257 13 220 SH   DFND 2 220 0 0
ISHARES TR MSCI INDIA ETF MSCI INDIA ETF 46429B598 124,456 4,642,144 SH   DFND 1,2,3, 4,642,144 0 0
ISHARES TR NA TEC-SFTWR ETF NA TEC-SFTWR ETF 464287515 65,311 600,000 SH   DFND 1,2,3, 600,000 0 0
ISHARES TR NASDQ BIOTEC ETF ETF 464287556 61,757 232,700 SH   DFND 1,2,3, 232,700 0 0
ISHARES TR RUSSELL 2000 ETF ETF 464287655 166,302 1,232,396 SH   DFND 1,2,3, 1,232,396 0 0
ISHARES TR U.S. PHARMA ETF ETF 464288836 64,346 455,000 SH   DFND 1,2,3, 455,000 0 0
ISHARES TR US HOME CONS ETF US HOME CONS ETF 464288752 1 0 SH   DFND 1 0 0 0
ISRAEL CHEMICALS LTD SHS SHS M5920A109 2,693 649,982 SH   DFND 1,2,3, 649,982 0 0
MASTERCARD INCORPORATED CL A COM CL A 57636Q104 36,138 350,000 SH   DFND 1,2,3, 350,000 0 0
MELLANOX TECHNOLOGIES LTD SHS SHS M51363113 40,054 979,318 SH   DFND 1,2,3, 979,318 0 0
MOSAIC CO NEW COM COM 61945C103 1,537 52,400 SH   DFND 1, 52,400 0 0
MYLAN N V SHS EURO SHS EURO N59465109 118,724 3,112,030 SH   DFND 1,2,3, 3,112,030 0 0
NICE LTD SPONSORED ADR SPONSORED ADR 653656108 31,242 454,361 SH   DFND 1,2,3, 454,361 0 0
NOVA MEASURING INSTRUMENTS L COM COM M7516K103 11,823 898,420 SH   DFND 1,2,3, 898,420 0 0
NOVARTIS A G SPONSORED ADR SPONSORED ADR 66987V109 1,243 17,060 SH   DFND 1, 17,060 0 0
OPKO HEALTH INC COM COM 68375N103 19,386 2,084,463 SH   DFND 1,2,3, 2,084,463 0 0
ORBOTECH LTD ORD ORD M75253100 26,813 802,545 SH   DFND 1,2,3, 802,545 0 0
ORMAT TECHNOLOGIES INC COM COM 686688102 107,569 2,005,822 SH   DFND 1,2,3, 2,005,822 0 0
PAYPAL HLDGS INC COM COM 70450Y103 25,655 650,000 SH   DFND 1,2,3, 650,000 0 0
PERRIGO CO PLC SHS SHS G97822103 61,547 739,476 SH   DFND 1,2,3, 739,476 0 0
PJT PARTNERS INC COM CL A COM CL A 69343T107 24 782 SH   DFND 1, 782 0 0
POTASH CORP SASK INC COM COM 73755L107 1,448 80,050 SH   DFND 1, 80,050 0 0
PROSHARES TR SHRT 20 PLUS YR TRE PROSHARES TR SHRT 20+YR TRE 74347X849 10,534 440,933 SH   DFND 1,2, 440,933 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE SPONSORED ADR NE 783513203 500 6,000 SH   DFND 1, 6,000 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT GUG S&P500 EQ WT 78355W106 32,940 380,194 SH   DFND 1,2, 380,194 0 0
S&P GLOBAL INC COM COM 78409V104 4,839 45,000 SH   DFND 1,2,3, 45,000 0 0
SAPIENS INTL CORP N V SHS NEW SHS NEW N7716A151 3,221 224,632 SH   DFND 1,2,3, 224,632 0 0
SELECT SECTOR SPDR TR SBI INT-FINL SBI INT-FINL 81369Y605 363,519 15,635,245 SH   DFND 1,2,3, 15,635,245 0 0
SODASTREAM INTERNATIONAL LTD USD SHS SHS M9068E105 45 1,150 SH   DFND 1,2, 1,150 0 0
SOTHEBYS COM COM 835898107 25,909 650,000 SH   DFND 1,2,3, 650,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 EURO STOXX 50 78463X202 1,472 44,006 SH   DFND 1,2, 44,006 0 0
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 941,246 4,192,539 SH   DFND 1,2,3, 4,192,539 0 0
SPDR SERIES TRUST AEROSPACE DEF DEF 78464A631 139,186 2,196,395 SH   DFND 1,2,3, 2,196,395 0 0
SPDR SERIES TRUST S&P BIOTECH BIOTECH 78464A870 7,428 125,500 SH   DFND 1,2,3, 125,500 0 0
SPDR SERIES TRUST S&P RETAIL ETF S&P RETAIL ETF 78464A714 152 3,440 SH   DFND 1, 3,440 0 0
SQUARE INC CL A INC CL A 852234103 36,801 2,700,000 SH   DFND 1,2,3, 2,700,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR ADR 881624209 68,009 1,876,098 SH   DFND 1,2,3, 1,876,098 0 0
UBS GROUP AG SHS SHS NEW H42097107 20,720 1,322,268 SH   DFND 1,2,3, 1,322,268 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF GOLD MINERS ETF ADDED 92189F106 112,968 5,400,000 SH   DFND 1,2,3, 5,400,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS SHS 922908363 1,145,529 5,579,511 SH   DFND 1,2,3, 5,579,511 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF ETF 922042858 6,231 174,140 SH   DFND 1, 174,140 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF ETF 922042874 3,475 72,484 SH   DFND 1,2, 72,484 0 0
VERINT SYS INC COM COM 92343X100 24,263 688,319 SH   DFND 1,2,3, 688,319 0 0
VISA INC COM CL A COM CL A 92826C839 41,351 530,000 SH   DFND 1,2,3, 530,000 0 0
WALGREENS BOOTS ALLIANCE INC COM COM 931427108 1,026 12,400 SH   DFND 1, 12,400 0 0
WISDOMTREE TR JAPN HEDGE EQT TR JAPN HEDGE EQT 97717W851 2,903 58,600 SH   DFND 1, 58,600 0 0
B COMMUNICATIONS LTD SHS SHS M15629104 6,112 302,856 SH   DFND 1,2, 302,856 0 0
EVOGENE LTD SHS SHS M4119S104 3,060 599,981 SH   DFND 1,2,3, 599,981 0 0
HSBC HLDGS PLC NOTE 6.375 PERCENT 12/3 HSBC HLDGS PLC NOTE 6.375%12/2 ADDED 404280AT6 21,974 21,400,000 SH   DFND 1,2,3, 21,400,000 0 0
HSBC HLDGS PLC SDCV 5.625 PERCENT 12/3 SDCV 5.625%12/2 404280AR0 26,895 26,400,000 SH   DFND 1,2,3, 26,400,000 0 0
ITURAN LOCATION AND CONTROL SHS SHS M6158M104 2,817 105,874 SH   DFND 1, 105,874 0 0
WISDOMTREE TR EM MKTS QTLY DIV WISDOMTREE TR EM MKTS QTLY DIV 97717W323 1,941 91,940 SH   DFND 1, 91,940 0 0
WISDOMTREE TR INTL DIV EX FINL INTL DIV EX FINL 97717W786 5,228 138,700 SH   DFND 1, 138,700 0 0