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
VODAFONE GROUP PLC-SP ADR ADR 92857W308 47,851 2,475,490 SH   DFND   2,475,490 0 0
BANCO SANTANDER SA-SPON ADR ADR 05964H105 6,118 1,477,868 SH   DFND   1,477,868 0 0
NOKIA CORP-SPON ADR ADR 654902204 4,457 1,201,350 SH   DFND   1,201,350 0 0
LLOYDS BANKING GROUP PLC-ADR ADR 539439109 3,800 1,148,057 SH   DFND   1,148,057 0 0
BANCO BILBAO VIZCAYA-SP ADR ADR 05946K101 6,108 1,094,664 SH   DFND   1,094,664 0 0
CREDIT SUISSE GROUP-SPON ADR ADR 225401108 9,606 714,190 SH   DFND   714,190 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 9,022 652,370 SH   DFND   652,370 0 0
AMBEV SA-ADR ADR 02319V103 3,027 649,541 SH   DFND   649,541 0 0
BRITISH AMERICAN TOB-SP ADR ADR 110448107 22,333 525,986 SH   DFND   525,986 0 0
ASTRAZENECA PLC-SPONS ADR ADR 046353108 23,917 479,690 SH   DFND   479,690 0 0
GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 20,679 440,066 SH   DFND   440,066 0 0
CHINA UNICOM HONG KONG-ADR ADR 16945R104 3,905 417,230 SH   DFND   417,230 0 0
UNILEVER PLC-SPONSORED ADR ADR 904767704 22,054 385,761 SH   DFND   385,761 0 0
ABB LTD-SPON ADR ADR 000375204 8,884 368,791 SH   DFND   368,791 0 0
PRUDENTIAL PLC-ADR ADR 74435K204 13,556 355,886 SH   DFND   355,886 0 0
GERDAU SA -SPON ADR ADR 373737105 1,718 350,694 SH   DFND   350,694 0 0
SMITH & NEPHEW PLC -SPON ADR ADR 83175M205 16,050 333,891 SH   DFND   333,891 0 0
HSBC HOLDINGS PLC-SPONS ADR ADR 404280406 12,744 326,024 SH   DFND   326,024 0 0
BP PLC-SPONS ADR ADR 055622104 11,139 295,151 SH   DFND   295,151 0 0
CIA ENERGETICA DE-SPON ADR ADR 204409601 888 260,314 SH   DFND   260,314 0 0
TENARIS SA-ADR ADR 88031M109 5,386 237,877 SH   DFND   237,877 0 0
PEARSON PLC-SPONSORED ADR ADR 705015105 1,997 236,866 SH   DFND   236,866 0 0
BARCLAYS PLC-SPONS ADR ADR 06738E204 2,118 222,448 SH   DFND   222,448 0 0
ORANGE-SPON ADR ADR 684060106 2,993 205,113 SH   DFND   205,113 0 0
BANCO SANTANDER BRASIL-ADS ADR 05967A107 2,484 204,806 SH   DFND   204,806 0 0
NOVO-NORDISK A/S-SPONS ADR ADR 670100205 9,146 158,013 SH   DFND   158,013 0 0
VALE SA-SP ADR ADR 91912E105 2,011 152,370 SH   DFND   152,370 0 0
INTERCONTINENTAL HOTELS-ADR ADR 45857P806 10,024 145,969 SH   DFND   145,969 0 0
TELEFONICA BRASIL-ADR PREF ADR 87936R106 2,088 145,804 SH   DFND   145,804 0 0
RIO TINTO PLC-SPON ADR ADR 767204100 8,239 138,803 SH   DFND   138,803 0 0
CIA SIDERURGICA NACL-SP ADR ADR 20440W105 470 136,319 SH   DFND   136,319 0 0
MICRO FOCUS INTL-SPN ADR ADR 594837403 1,811 129,086 SH   DFND   129,086 0 0
WESTPAC BANKING CORP-SP ADR ADR 961214301 2,173 127,999 SH   DFND   127,999 0 0
PETROLEO BRASIL-SP PREF ADR ADR 71654V101 1,791 120,055 SH   DFND   120,055 0 0
DIAGEO PLC-SPONSORED ADR ADR 25243Q205 19,221 114,125 SH   DFND   114,125 0 0
TAKEDA PHARMACEUTIC-SP ADR ADR 874060205 2,172 110,103 SH   DFND   110,103 0 0
SASOL LTD-SPONSORED ADR ADR 803866300 2,260 104,579 SH   DFND   104,579 0 0
ANHEUSER-BUSCH INBEV-SPN ADR ADR 03524A108 8,176 99,662 SH   DFND   99,662 0 0
TIM PARTICIPACOES SA-ADR ADR 88706P205 1,851 96,842 SH   DFND   96,842 0 0
ITAU UNIBANCO H-SPON PRF ADR ADR 465562106 783 85,570 SH   DFND   85,570 0 0
PETROCHINA CO LTD -ADR ADR 71646E100 4,292 85,277 SH   DFND   85,277 0 0
GOLD FIELDS LTD-SPONS ADR ADR 38059T106 542 82,139 SH   DFND   82,139 0 0
SUMITOMO MITSUI-SPONS ADR ADR 86562M209 609 82,130 SH   DFND   82,130 0 0
NATIONAL GRID PLC-SP ADR ADR 636274409 5,045 80,494 SH   DFND   80,494 0 0
ENI SPA-SPONSORED ADR ADR 26874R108 2,415 78,004 SH   DFND   78,004 0 0
ULTRAPAR PARTICPAC-SPON ADR ADR 90400P101 448 71,549 SH   DFND   71,549 0 0
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102 14,813 69,839 SH   DFND   69,839 0 0
ING GROEP N.V.-SPONSORED ADR ADR 456837103 811 67,279 SH   DFND   67,279 0 0
CHINA PETROLEUM & CHEM-ADR ADR 16941R108 3,862 64,205 SH   DFND   64,205 0 0
TELEFONICA SA-SPON ADR ADR 879382208 400 57,405 SH   DFND   57,405 0 0
HARMONY GOLD MNG-SPON ADR ADR 413216300 195 53,851 SH   DFND   53,851 0 0
SIBANYE GOLD LTD-SPONS ADR ADR 825724206 449 45,172 SH   DFND   45,172 0 0
ANGLOGOLD ASHANTI-SPON ADR ADR 035128206 956 42,785 SH   DFND   42,785 0 0
EMBRAER SA-SPON ADR ADR 29082A107 703 36,066 SH   DFND   36,066 0 0
WPP PLC-SPONSORED ADR ADR 92937A102 2,508 35,679 SH   DFND   35,679 0 0
NOVARTIS AG-SPONSORED ADR ADR 66987V109 3,110 32,842 SH   DFND   32,842 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 1,271 31,511 SH   DFND   31,511 0 0
BRF SA-ADR ADR 10552T107 271 31,113 SH   DFND   31,113 0 0
VIPSHOP HOLDINGS LTD - ADR ADR 92763W103 371 26,171 SH   DFND   26,171 0 0
GENFIT ADR 372279109 515 25,900 SH   DFND   25,900 0 0
ARGENX SE - ADR ADR 04016X101 4,031 25,114 SH   DFND   25,114 0 0
VEDANTA LTD-ADR ADR 92242Y100 212 24,611 SH   DFND   24,611 0 0
BHP GROUP PLC-ADR ADR 05545E209 1,113 23,680 SH   DFND   23,680 0 0
GOL LINHAS AEREAS INTEL-ADR ADR 38045R206 419 23,184 SH   DFND   23,184 0 0
CIA DE MINAS BUENAVENTUR-ADR ADR 204448104 350 23,182 SH   DFND   23,182 0 0
TRIP.COM GROUP LTD-ADR ADR 89677Q107 674 20,088 SH   DFND   20,088 0 0
ZTO EXPRESS CAYMAN INC-ADR ADR 98980A105 425 18,214 SH   DFND   18,214 0 0
CHINA EASTERN AIRLINES-ADS ADR 16937R104 476 17,378 SH   DFND   17,378 0 0
JD.COM INC-ADR ADR 47215P106 581 16,502 SH   DFND   16,502 0 0
TAL EDUCATION GROUP- ADR ADR 874080104 634 13,152 SH   DFND   13,152 0 0
INNATE PHARMA SA-SPONS ADR ADR 45781K204 84 13,038 SH   DFND   13,038 0 0
IQIYI INC-ADR ADR 46267X108 258 12,210 SH   DFND   12,210 0 0
MOMO INC-SPON ADR ADR 60879B107 400 11,950 SH   DFND   11,950 0 0
LATAM AIRLINES GROUP-SP ADR ADR 51817R106 120 11,808 SH   DFND   11,808 0 0
AZUL SA-ADR ADR 05501U106 504 11,769 SH   DFND   11,769 0 0
GALAPAGOS NV-SPON ADR ADR 36315X101 2,374 11,476 SH   DFND   11,476 0 0
CIA CERVECERIAS UNI-SPON ADR ADR 204429104 217 11,440 SH   DFND   11,440 0 0
CIA PARANAENSE ENER-SP ADR P ADR 20441B407 180 10,644 SH   DFND   10,644 0 0
GRIFOLS SA-ADR ADR 398438408 230 9,864 SH   DFND   9,864 0 0
ZEALAND PHARMA A/S-ADR ADR 98920Y304 325 9,795 SH   DFND   9,795 0 0
HUAZHU GROUP LTD-ADR ADR 44332N106 282 7,046 SH   DFND   7,046 0 0
PINDUODUO INC-ADR ADR 722304102 264 6,986 SH   DFND   6,986 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 400 6,891 SH   DFND   6,891 0 0
NEW ORIENTAL EDUCATIO-SP ADR ADR 647581107 830 6,846 SH   DFND   6,846 0 0
GDS HOLDINGS LTD - ADR ADR 36165L108 251 4,861 SH   DFND   4,861 0 0
WEIBO CORP-SPON ADR ADR 948596101 219 4,728 SH   DFND   4,728 0 0
AUTOHOME INC-ADR ADR 05278C107 369 4,610 SH   DFND   4,610 0 0
BAIDU INC - SPON ADR ADR 056752108 537 4,250 SH   DFND   4,250 0 0
NETEASE INC-ADR ADR 64110W102 409 1,333 SH   DFND   1,333 0 0
TEMPLETON GLOBAL INCOME FUND Closed-End Fund 880198106 2,062 336,400 SH   DFND   336,400 0 0
INVESCO SENIOR INCOME TRUST Closed-End Fund 46131H107 1,181 275,300 SH   DFND   275,300 0 0
NUVEEN CREDIT STRAT INCM Closed-End Fund 67073D102 2,056 268,000 SH   DFND   268,000 0 0
WESTERN ASSET HI INC OPPORT Closed-End Fund 95766K109 746 147,100 SH   DFND   147,100 0 0
PIMCO ENRGY & TACT CRDT Closed-End Fund 69346N107 2,173 131,700 SH   DFND   131,700 0 0
NUVEEN FLOAT RATE INC FD Closed-End Fund 67072T108 1,253 122,400 SH   DFND   122,400 0 0
BLACKROCK FLOAT RT INCOME ST Closed-End Fund 09255X100 1,469 109,300 SH   DFND   109,300 0 0
BLACKROCK CREDIT ALLOCATION Closed-End Fund 092508100 1,304 93,270 SH   DFND   93,270 0 0
GABELLI DIVIDEND & INCOME TR Closed-End Fund 36242H104 2,041 93,000 SH   DFND   93,000 0 0
INVESCO DYNAMIC CREDIT OPP Closed-End Fund 46132R104 1,022 90,000 SH   DFND   90,000 0 0
EATON VANCE FLOAT RT INC TR Closed-End Fund 278279104 1,143 83,300 SH   DFND   83,300 0 0
EATON VANCE SR FLTG RATE TR Closed-End Fund 27828Q105 991 73,127 SH   DFND   73,127 0 0
BLACKROCK LTD DURATION INC Closed-End Fund 09249W101 865 52,800 SH   DFND   52,800 0 0
ADAMS NATURAL RESOURCES FUND Closed-End Fund 00548F105 779 47,300 SH   DFND   47,300 0 0
NEXPOINT STRATEGIC OPPORTUNI Closed-End Fund 65340G205 597 33,700 SH   DFND   33,700 0 0
BLACKSTONE/GSO STRATEGIC C Closed-End Fund 09257R101 164 11,400 SH   DFND   11,400 0 0
KINROSS GOLD CORP Common Stock 496902404 489 103,061 SH   DFND   103,061 0 0
BARRICK GOLD CORP Common Stock 067901108 1,767 95,034 SH   DFND   95,034 0 0
B2GOLD CORP Common Stock 11777Q209 355 88,608 SH   DFND   88,608 0 0
YAMANA GOLD INC Common Stock 98462Y100 333 84,292 SH   DFND   84,292 0 0
NEW GOLD INC Common Stock 644535106 52 58,982 SH   DFND   58,982 0 0
NEWMONT CORP Common Stock 651639106 1,876 43,177 SH   DFND   43,177 0 0
HECLA MINING CO Common Stock 422704106 142 41,903 SH   DFND   41,903 0 0
ALAMOS GOLD INC-CLASS A Common Stock 011532108 226 37,612 SH   DFND   37,612 0 0
IAMGOLD CORP Common Stock 450913108 133 35,523 SH   DFND   35,523 0 0
VEONEER INC Common Stock 92336X109 521 33,332 SH   DFND   33,332 0 0
MCEWEN MINING INC Common Stock 58039P107 39 31,014 SH   DFND   31,014 0 0
WHEATON PRECIOUS METALS CORP Common Stock 962879102 902 30,321 SH   DFND   30,321 0 0
MERCER INTERNATIONAL INC Common Stock 588056101 294 23,900 SH   DFND   23,900 0 0
COEUR MINING INC Common Stock 192108504 172 21,329 SH   DFND   21,329 0 0
FIRST MAJESTIC SILVER CORP Common Stock 32076V103 251 20,494 SH   DFND   20,494 0 0
ECOLOGY AND ENVIRON -CL A Common Stock 278878103 308 19,930 SH   DFND   19,930 0 0
SILVERCORP METALS INC Common Stock 82835P103 104 18,400 SH   DFND   18,400 0 0
PRETIUM RESOURCES INC Common Stock 74139C102 204 18,308 SH   DFND   18,308 0 0
PAN AMERICAN SILVER CORP Common Stock 697900108 425 17,952 SH   DFND   17,952 0 0
SANDSTORM GOLD LTD Common Stock 80013R206 126 16,944 SH   DFND   16,944 0 0
KIRKLAND LAKE GOLD LTD Common Stock 49741E100 722 16,383 SH   DFND   16,383 0 0
OSISKO GOLD ROYALTIES LTD Common Stock 68827L101 152 15,624 SH   DFND   15,624 0 0
ELDORADO GOLD CORP Common Stock 284902509 114 14,158 SH   DFND   14,158 0 0
AGNICO EAGLE MINES LTD Common Stock 008474108 840 13,637 SH   DFND   13,637 0 0
FRANCO-NEVADA CORP Common Stock 351858105 1,207 11,687 SH   DFND   11,687 0 0
NEWS CORP - CLASS B Common Stock 65249B208 156 10,734 SH   DFND   10,734 0 0
VALHI INC Common Stock 918905100 20 10,600 SH   DFND   10,600 0 0
SSR MINING INC Common Stock 784730103 204 10,592 SH   DFND   10,592 0 0
YUM CHINA HOLDINGS INC Common Stock 98850P109 292 6,084 SH   DFND   6,084 0 0
ROYAL GOLD INC Common Stock 780287108 740 6,053 SH   DFND   6,053 0 0
NEENAH INC Common Stock 640079109 225 3,200 SH   DFND   3,200 0 0
AUTOZONE INC Common Stock 053332102 436 366 SH   DFND   366 0 0
ISHARES MSCI GERMANY ETF ETP 464286806 78,139 2,657,786 SH   DFND   2,657,786 0 0
ISHARES MSCI EUROZONE ETF ETP 464286608 98,706 2,354,617 SH   DFND   2,354,617 0 0
VANGUARD FTSE DEVELOPED ETF ETP 921943858 70,870 1,608,494 SH   DFND   1,608,494 0 0
ISHARES MSCI EAFE ETF ETP 464287465 94,319 1,358,280 SH   DFND   1,358,280 0 0
ISHARES MSCI UNITED KINGDOM ETP 46435G334 24,398 715,471 SH   DFND   715,471 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103 11,813 521,777 SH   DFND   521,777 0 0
VANGUARD FTSE EMERGING MARKE ETP 922042858 22,692 510,287 SH   DFND   510,287 0 0
ISHARES CORE U.S. AGGREGATE ETP 464287226 56,338 501,365 SH   DFND   501,365 0 0
SPDR PORTFOLIO AGGREGATE BON ETP 78464A649 11,857 403,586 SH   DFND   403,586 0 0
SPDR PORTFOLIO INTERMEDIATE ETP 78464A375 14,040 397,628 SH   DFND   397,628 0 0
ISHARES MSCI INDONESIA ETF ETP 46429B309 9,788 381,452 SH   DFND   381,452 0 0
ISHARES JP MORGAN EM LOCAL C ETP 464286517 16,143 367,799 SH   DFND   367,799 0 0
ISHARES MSCI JAPAN ETF ETP 46434G822 21,135 356,764 SH   DFND   356,764 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 9,351 214,320 SH   DFND   214,320 0 0
SCHWAB INTL EQUITY ETF ETP 808524805 6,309 187,603 SH   DFND   187,603 0 0
ISHARES MSCI ACWI ETF ETP 464288257 13,730 173,245 SH   DFND   173,245 0 0
ISHARES EDGE MSCI MIN VOL EM ETP 464286533 9,710 165,534 SH   DFND   165,534 0 0
WISDOMTREE EUROPE HEDGED EQU ETP 97717X701 10,062 142,547 SH   DFND   142,547 0 0
ISHARES INTERNATIONAL SELECT ETP 464288448 4,744 141,321 SH   DFND   141,321 0 0
SPDR PORT SHRT TRM CORP BND ETP 78464A474 4,261 138,159 SH   DFND   138,159 0 0
VANECK VIETNAM ETF ETP 92189F817 2,191 137,026 SH   DFND   137,026 0 0
ISHARES MSCI PACIFIC EX JAPA ETP 464286665 6,037 130,380 SH   DFND   130,380 0 0
COLUMBIA EMERGING MARKETS CO ETP 19762B509 3,053 130,042 SH   DFND   130,042 0 0
SPDR BBG BARC HIGH YIELD BND ETP 78468R622 13,984 127,663 SH   DFND   127,663 0 0
FT TACTICAL HIGH YIELD ETF ETP 33738D408 6,036 123,705 SH   DFND   123,705 0 0
ISHARES S&P GSCI COMMODITY I ETP 46428R107 1,959 120,842 SH   DFND   120,842 0 0
VANGUARD MORTGAGE-BACKED SEC ETP 92206C771 5,872 110,434 SH   DFND   110,434 0 0
GLOBAL X CLOUD COMPUTING ETF ETP 37954Y442 1,675 106,397 SH   DFND   106,397 0 0
ISHARES MSCI RUSSIA ETF ETP 46434G798 4,383 102,742 SH   DFND   102,742 0 0
XTRACKERS MSCI EUROPE HEDGED ETP 233051853 3,045 97,821 SH   DFND   97,821 0 0
INVESCO EMERGING MARKETS SOV ETP 46138E784 2,875 97,197 SH   DFND   97,197 0 0
ISHARES MBS ETF ETP 464288588 10,320 95,507 SH   DFND   95,507 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103 30,686 95,340 SH   DFND   95,340 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 3,838 94,099 SH   DFND   94,099 0 0
INVESCO BULLETSHARES 2021 CO ETP 46138J700 1,957 92,158 SH   DFND   92,158 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780 4,184 85,298 SH   DFND   85,298 0 0
ISHARES LATIN AMERICA 40 ETF ETP 464287390 2,776 81,732 SH   DFND   81,732 0 0
INNOVATOR S&P 500 POWER BUFF ETP 45782C870 2,104 80,693 SH   DFND   80,693 0 0
VANGUARD FTSE ALL-WORLD EX-U ETP 922042775 4,137 76,967 SH   DFND   76,967 0 0
VANGUARD FTSE PACIFIC ETF ETP 922042866 5,340 76,745 SH   DFND   76,745 0 0
ISHARES MSCI SWEDEN ETF ETP 464286756 2,514 76,408 SH   DFND   76,408 0 0
ISHARES MSCI SAUDI ARABIA ET ETP 46434V423 2,357 76,218 SH   DFND   76,218 0 0
ISHARES MSCI POLAND ETF ETP 46429B606 1,573 74,642 SH   DFND   74,642 0 0
INNOVATOR S&P 500 POWER OCT ETP 45782C797 1,830 72,623 SH   DFND   72,623 0 0
IPATH BLOOMBERG COCOA SUBIND ETP 06739H313 2,011 68,654 SH   DFND   68,654 0 0
ISHARES MSCI TURKEY ETF ETP 464286715 1,847 68,182 SH   DFND   68,182 0 0
ISHARES MSCI GLOBAL GOLD MIN ETP 46434G855 1,608 66,818 SH   DFND   66,818 0 0
SPDR PORT LNG TRM CORP BND ETP 78464A367 1,989 66,044 SH   DFND   66,044 0 0
ISHARES MSCI THAILAND ETF ETP 464286624 5,450 62,216 SH   DFND   62,216 0 0
ISHARES MSCI ITALY ETF ETP 46434G830 1,788 60,620 SH   DFND   60,620 0 0
ISHARES RUSSELL 1000 GROWTH ETP 464287614 10,331 58,723 SH   DFND   58,723 0 0
ISHARES MSCI NETHERLANDS ETF ETP 464286814 1,966 58,058 SH   DFND   58,058 0 0
GLOBAL X ROBOTICS & ARTIFICI ETP 37954Y715 1,207 55,204 SH   DFND   55,204 0 0
INNOVATOR S&P 500 BUFFER AUG ETP 45782C698 1,423 53,587 SH   DFND   53,587 0 0
ISHARES CORE TOTAL BOND ETF ETP 46434V613 2,791 53,551 SH   DFND   53,551 0 0
WISDOMTREE INDIA EARNINGS ETP 97717W422 1,290 51,844 SH   DFND   51,844 0 0
ISHARES MSCI FRANCE ETF ETP 464286707 1,623 49,618 SH   DFND   49,618 0 0
VANGUARD FTSE ALL WO X-US SC ETP 922042718 5,504 49,540 SH   DFND   49,540 0 0
WISDOMTREE EMERGING MARKETS ETP 97717W315 2,104 45,975 SH   DFND   45,975 0 0
VANGUARD TOTAL INTL BOND ETF ETP 92203J407 2,550 45,073 SH   DFND   45,073 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306 2,161 44,384 SH   DFND   44,384 0 0
ISHARES RUSSELL 1000 VALUE E ETP 464287598 5,988 43,871 SH   DFND   43,871 0 0
XTRACKERS MSCI JAPAN HEDGED ETP 233051507 1,870 43,850 SH   DFND   43,850 0 0
ISHARES 0-5 YR INV GRD CORP ETP 46434V100 2,204 43,179 SH   DFND   43,179 0 0
TEUCRIUM SUGAR FUND ETP 88166A409 273 38,945 SH   DFND   38,945 0 0
PIMCO ACTIVE BOND EXCHANGE-T ETP 72201R775 4,167 38,655 SH   DFND   38,655 0 0
INNOVATOR S&P 500 POWER-AUG ETP 45782C680 972 37,739 SH   DFND   37,739 0 0
ISHARES 7-10 YEAR TREASURY B ETP 464287440 3,990 36,200 SH   DFND   36,200 0 0
INVESCO DB BASE METALS FUND ETP 46140H700 534 35,774 SH   DFND   35,774 0 0
UTILITIES SELECT SECTOR SPDR ETP 81369Y886 2,299 35,582 SH   DFND   35,582 0 0
ISHARES IBOXX HIGH YLD CORP ETP 464288513 3,001 34,128 SH   DFND   34,128 0 0
INNOVATOR S&P 500 POWER BUFF ETP 45782C813 903 33,752 SH   DFND   33,752 0 0
ISHARES US REAL ESTATE ETF ETP 464287739 3,053 32,800 SH   DFND   32,800 0 0
INNOVATOR S&P POWER BUFFER-N ETP 45782C573 821 31,324 SH   DFND   31,324 0 0
ISHARES GLOBAL INFRASTRUCTUR ETP 464288372 1,476 30,811 SH   DFND   30,811 0 0
XTRACKERS MSCI EAFE HEDGED E ETP 233051200 1,014 30,005 SH   DFND   30,005 0 0
INNOVATOR S&P ULTRA BUFF-DEC ETP 45782C532 779 29,205 SH   DFND   29,205 0 0
ISHARES 20 PLUS YEAR TREASURY BO ETP 464287432 3,956 29,200 SH   DFND   29,200 0 0
INNOVATOR S&P 500 ULTRA BUFF ETP 45782C839 725 28,750 SH   DFND   28,750 0 0
ISHARES CORE DIVIDEND GROWTH ETP 46434V621 1,133 26,939 SH   DFND   26,939 0 0
ISHARES IBOXX INVESTMENT GRA ETP 464287242 3,370 26,337 SH   DFND   26,337 0 0
INNOVATOR S&P 500 ULTRA OCTO ETP 45782C821 637 25,518 SH   DFND   25,518 0 0
INNOVATOR S&P 500 BUFFER ETF ETP 45782C888 663 23,747 SH   DFND   23,747 0 0
VANGUARD LONG-TERM BOND ETF ETP 921937793 2,348 23,398 SH   DFND   23,398 0 0
FIRST TRUST SENIOR LOAN ETF ETP 33738D309 1,057 22,050 SH   DFND   22,050 0 0
ISHARES BROAD USD INVESTMENT ETP 464288620 1,282 21,994 SH   DFND   21,994 0 0
INNOVATOR SP 5OO ULTRA BUFFE ETP 45782C805 571 21,703 SH   DFND   21,703 0 0
INDUSTRIAL SELECT SECT SPDR ETP 81369Y704 1,725 21,173 SH   DFND   21,173 0 0
SCHWAB EMERGING MARKETS EQUI ETP 808524706 574 20,979 SH   DFND   20,979 0 0
ISHARES IBONDS DEC 2024 TERM ETP 46434VBG4 530 20,643 SH   DFND   20,643 0 0
ISHARES S&P 500 GROWTH ETF ETP 464287309 3,986 20,587 SH   DFND   20,587 0 0
SPDR PORT S&P 500 VALUE ETP 78464A508 712 20,392 SH   DFND   20,392 0 0
FIRST TRUST STOXX EUROPE ETP 33735T109 283 20,163 SH   DFND   20,163 0 0
FIRST TRUST LOW DURATION OPP ETP 33739Q200 1,035 19,980 SH   DFND   19,980 0 0
VANGUARD LONG-TERM CORP BOND ETP 92206C813 1,983 19,566 SH   DFND   19,566 0 0
FIRST TRUST VALUE LINE DVD ETP 33734H106 699 19,402 SH   DFND   19,402 0 0
ENERGY SELECT SECTOR SPDR ETP 81369Y506 1,165 19,400 SH   DFND   19,400 0 0
ISHARES IBONDS DEC 2023 TERM ETP 46434VAX8 493 19,272 SH   DFND   19,272 0 0
ISHARES MSCI ACWI EX US ETF ETP 464288240 947 19,271 SH   DFND   19,271 0 0
INNOVATOR SP500 ULTR BUF-AUG ETP 45782C672 480 18,583 SH   DFND   18,583 0 0
ISHARES MSCI CHILE ETF ETP 464286640 618 18,534 SH   DFND   18,534 0 0
INNOVATOR S&P 500 BUFFER OCT ETP 45782C771 481 18,351 SH   DFND   18,351 0 0
ISHARES IBONDS DEC 2022 TERM ETP 46434VBA7 460 18,174 SH   DFND   18,174 0 0
ISHARES IBONDS DEC 2021 TERM ETP 46434VBK5 448 17,934 SH   DFND   17,934 0 0
SPDR BLACKSTONE/GSO SEN LOAN ETP 78467V608 802 17,224 SH   DFND   17,224 0 0
ISHARES MSCI MEXICO ETF ETP 464286822 740 16,441 SH   DFND   16,441 0 0
SPDR GOLD SHARES ETP 78463V107 2,329 16,300 SH   DFND   16,300 0 0
SPDR S&P BIOTECH ETF ETP 78464A870 1,547 16,264 SH   DFND   16,264 0 0
FINANCIAL SELECT SECTOR SPDR ETP 81369Y605 479 15,575 SH   DFND   15,575 0 0
ISHA HEDGED MSCI GERMANY ETP 46434V704 450 15,527 SH   DFND   15,527 0 0
VANECK HIGH-YIELD MUNICIPAL ETP 92189H409 973 15,186 SH   DFND   15,186 0 0
VANGUARD REAL ESTATE ETF ETP 922908553 1,396 15,050 SH   DFND   15,050 0 0
FIRST TRUST DEVELP MKT EX-US ETP 33737J174 837 15,038 SH   DFND   15,038 0 0
INVESCO BULLETSHARES 2023 CO ETP 46138J866 319 14,979 SH   DFND   14,979 0 0
ISHARES EDGE MSCI MIN VOL EA ETP 46429B689 1,116 14,977 SH   DFND   14,977 0 0
SCHWAB FUNDAMENTAL LARGE CAP ETP 808524771 596 13,970 SH   DFND   13,970 0 0
ISHARES MSCI BELGIUM ETF ETP 464286301 278 13,922 SH   DFND   13,922 0 0
ISHARES MSCI PHILIPPINES ETF ETP 46429B408 468 13,641 SH   DFND   13,641 0 0
TECHNOLOGY SELECT SECT SPDR ETP 81369Y803 1,250 13,636 SH   DFND   13,636 0 0
GLOBAL X MSCI NORWAY ETF ETP 37950E747 166 13,249 SH   DFND   13,249 0 0
INVESCO FUNDAMENTAL HIGH YIE ETP 46138E719 253 13,135 SH   DFND   13,135 0 0
ISHA CURR HEDGED MSCI JAPAN ETP 46434V886 429 13,008 SH   DFND   13,008 0 0
ISHARES CURR HEDG MSCI ITALY ETP 46435G821 225 12,262 SH   DFND   12,262 0 0
GLOBAL X MSCI PORTUGAL ETF ETP 37950E192 135 12,155 SH   DFND   12,155 0 0
INNOVATOR S&P POWER BUFF-DEC ETP 45782C540 309 11,544 SH   DFND   11,544 0 0
SCHWAB US AGGREGATE BOND ETF ETP 808524839 592 11,082 SH   DFND   11,082 0 0
ISHARES CORE INTL STOCK ETF ETP 46432F834 678 10,952 SH   DFND   10,952 0 0
GLOBAL X FTSE NORDIC REGION ETP 37950E101 232 10,604 SH   DFND   10,604 0 0
INNOVATOR S&P 500 BUFFER-DEC ETP 45782C557 269 10,004 SH   DFND   10,004 0 0
ISHARES MSCI AUSTRIA ETF ETP 464286202 207 9,959 SH   DFND   9,959 0 0
SPDR DR INTERNATIONAL RL EST ETP 78463X863 375 9,660 SH   DFND   9,660 0 0
INNOVATOR S&P 500 BUFFER-NOV ETP 45782C581 245 9,179 SH   DFND   9,179 0 0
SPDR BBG BARC IG FLOATING RT ETP 78468R200 263 8,560 SH   DFND   8,560 0 0
VANECK SEMICONDUCTOR ETP 92189F676 1,164 8,232 SH   DFND   8,232 0 0
VANGUARD TOTAL STOCK MKT ETF ETP 922908769 1,342 8,201 SH   DFND   8,201 0 0
REAL ESTATE SELECT SECT SPDR ETP 81369Y860 302 7,800 SH   DFND   7,800 0 0
ISHARES EDGE MSCI USA MOMENT ETP 46432F396 904 7,197 SH   DFND   7,197 0 0
FIRST TRUST UNITED KINGDOM ETP 33737J224 283 6,910 SH   DFND   6,910 0 0
ISHARES EDGE MSCI USA QUALIT ETP 46432F339 692 6,855 SH   DFND   6,855 0 0
ISHARES INDIA 50 ETF ETP 464289529 249 6,451 SH   DFND   6,451 0 0
HEALTH CARE SELECT SECTOR ETP 81369Y209 623 6,112 SH   DFND   6,112 0 0
ISHARES MSCI IRELAND ETF ETP 46429B507 279 6,015 SH   DFND   6,015 0 0
SPDR S&P CHINA ETF ETP 78463X400 597 5,818 SH   DFND   5,818 0 0
MATERIALS SELECT SECTOR SPDR ETP 81369Y100 342 5,569 SH   DFND   5,569 0 0
SPDR S&P HOMEBUILDERS ETF ETP 78464A888 241 5,300 SH   DFND   5,300 0 0
ISHARES SELECT DIVIDEND ETF ETP 464287168 529 5,003 SH   DFND   5,003 0 0
SCHWAB US LARGE-CAP ETF ETP 808524201 322 4,189 SH   DFND   4,189 0 0
ISHARES MSCI DENMARK ETF ETP 46429B523 272 3,955 SH   DFND   3,955 0 0
PROSHARES S&P 500 DIVIDEND A ETP 74348A467 213 2,823 SH   DFND   2,823 0 0
VANGUARD INFO TECH ETF ETP 92204A702 643 2,625 SH   DFND   2,625 0 0
VANGUARD HEALTH CARE ETF ETP 92204A504 471 2,454 SH   DFND   2,454 0 0
VANGUARD HIGH DVD YIELD ETF ETP 921946406 212 2,265 SH   DFND   2,265 0 0
FIRST TRUST DJ INTERNET IND ETP 33733E302 271 1,950 SH   DFND   1,950 0 0
SPDR S&P MIDCAP 400 ETF TRST ETP 78467Y107 223 593 SH   DFND   593 0 0
CONSOL COAL RESOURCES LP MLP 20855T100 430 45,700 SH   DFND   45,700 0 0
GREEN PLAINS PARTNERS LP MLP 393221106 239 17,300 SH   DFND   17,300 0 0
AEGON N.V.-NY REG SHR NY Reg Shrs 007924103 1,364 300,998 SH   DFND   300,998 0 0
UNILEVER N V -NY SHARES NY Reg Shrs 904784709 9,287 161,621 SH   DFND   161,621 0 0
BRAEMAR HOTELS & RESORTS INC REIT 10482B101 497 55,700 SH   DFND   55,700 0 0
ONE LIBERTY PROPERTIES INC REIT 682406103 479 17,600 SH   DFND   17,600 0 0
MONMOUTH REAL ESTATE INV COR REIT 609720107 248 17,100 SH   DFND   17,100 0 0
ARMADA HOFFLER PROPERTIES IN REIT 04208T108 283 15,400 SH   DFND   15,400 0 0
JERNIGAN CAPITAL INC REIT 476405105 253 13,200 SH   DFND   13,200 0 0
ALEXANDER'S INC REIT 014752109 231 700 SH   DFND   700 0 0
PERMIAN BASIN ROYALTY TRUST Royalty Trst 714236106 465 120,500 SH   DFND   120,500 0 0