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
Vanguard Russell 1000 Growth ETF Exchange Traded Fund 92206C680   20,450,914 289,018 SH   DFND 1 0 0 0
VanEck Morningstar Wide Moat ETF Exchange Traded Fund 92189F643   16,013,933 200,701 SH   DFND 1 0 0 0
WisdomTree Europe Quality Div Gr ETF Exchange Traded Fund 97717X610   13,271,532 433,662 SH   DFND 1 0 0 0
WisdomTree Europe Hedged Equity ETF Exchange Traded Fund 97717X701   10,923,832 133,429 SH   DFND 1 0 0 0
Vanguard Value ETF Exchange Traded Fund 922908744   10,275,677 72,313 SH   DFND 1 0 0 0
iShares Semiconductor ETF Exchange Traded Fund 464287523   10,049,835 19,812 SH   DFND 1 0 0 0
iShares Core US Aggregate Bond ETF Exchange Traded Fund 464287226   7,653,558 78,137 SH   DFND 1 0 0 0
Invesco Aerospace & Defense ETF Exchange Traded Fund 46137V100   7,499,331 88,781 SH   DFND 1 0 0 0
Health Care Select Sector SPDR(R) ETF Exchange Traded Fund 81369Y209   7,107,692 53,550 SH   DFND 1 0 0 0
Vanguard S&P 500 ETF Exchange Traded Fund 922908363   7,034,466 17,216 SH   DFND 1 0 0 0
SPDR(R) S&P Regional Banking ETF Exchange Traded Fund 78464A698   6,681,299 163,637 SH   DFND 1 0 0 0
JPMorgan Ultra-Short Income ETF Exchange Traded Fund 46641Q837   6,666,113 132,950 SH   DFND 1 0 0 0
iShares Core MSCI Pacific ETF Exchange Traded Fund 46434V696   6,567,006 114,348 SH   DFND 1 0 0 0
SPDR(R) S&P Oil & Gas Explor & Prodtn ETF Exchange Traded Fund 78468R556   6,315,633 49,023 SH   DFND 1 0 0 0
Vanguard Mid-Cap Growth ETF Exchange Traded Fund 922908538   6,174,129 30,005 SH   DFND 1 0 0 0
SPDR(R) Portfolio S&P 600 Sm Cap ETF Exchange Traded Fund 78468R853   5,817,106 149,771 SH   DFND 1 0 0 0
SPDR(R) Gold Shares Exchange Traded Fund 78463V107   4,577,439 25,677 SH   DFND 1 0 0 0
Vanguard Total International Bond ETF Exchange Traded Fund 92203J407   3,577,967 73,199 SH   DFND 1 0 0 0
First Trust Cloud Computing ETF Exchange Traded Fund 33734X192   3,455,270 45,500 SH   DFND 1 0 0 0
Technology Select Sector SPDR(R) ETF Exchange Traded Fund 81369Y803   3,384,011 19,464 SH   DFND 1 0 0 0
iShares 7-10 Year Treasury Bond ETF Exchange Traded Fund 464287440   2,907,080 30,094 SH   DFND 1 0 0 0
iShares Expanded Tech-Software Sect ETF Exchange Traded Fund 464287515   2,882,814 8,334 SH   DFND 1 0 0 0
Robo Global(R) Robotics&Automation ETF Exchange Traded Fund 301505707   2,872,075 49,045 SH   DFND 1 0 0 0
VanEck Biotech ETF Exchange Traded Fund 92189F726   2,754,595 17,652 SH   DFND 1 0 0 0
ETFMG Prime Cyber Security ETF Exchange Traded Fund 26924G201   2,462,133 48,678 SH   DFND 1 0 0 0
iShares MBS ETF Exchange Traded Fund 464288588   2,179,417 23,368 SH   DFND 1 0 0 0
Vanguard Short-Term Bond ETF Exchange Traded Fund 921937827   1,847,082 24,442 SH   DFND 1 0 0 0
iShares US Medical Devices ETF Exchange Traded Fund 464288810   1,709,270 30,274 SH   DFND 1 0 0 0
Fidelity(R) Total Bond ETF Exchange Traded Fund 316188309   1,450,996 31,818 SH   DFND 1 0 0 0
First Trust Technology AlphaDEX(R) ETF Exchange Traded Fund 33734X176   1,432,938 12,456 SH   DFND 1 0 0 0
Global X Artfcl Intlgc & Tech ETF Exchange Traded Fund 37954Y632   1,409,478 50,356 SH   DFND 1 0 0 0
iShares Preferred&Income Securities ETF Exchange Traded Fund 464288687   1,295,553 41,887 SH   DFND 1 0 0 0
Invesco Fundamental Hi Yld(R) Corp Bd ETF Exchange Traded Fund 46138E719   1,039,501 59,468 SH   DFND 1 0 0 0
iShares Fallen Angels USD Bond ETF Exchange Traded Fund 46435G474   887,722 34,991 SH   DFND 1 0 0 0
Schwab US Dividend Equity ETF(TM) Exchange Traded Fund 808524797   884,221 12,176 SH   DFND 1 0 0 0
Global X SuperDividend(TM)US ETF Exchange Traded Fund 37950E291   735,939 44,068 SH   DFND 1 0 0 0
Invesco QQQ Trust Exchange Traded Fund 46090E103   425,043 1,149 SH   DFND 1 0 0 0
SPDR(R) Portfolio Aggregate Bond ETF Exchange Traded Fund 78464A649   294,723 11,617 SH   DFND 1 0 0 0
iShares Russell 1000 Growth ETF Exchange Traded Fund 464287614   173,363 630 SH   DFND 1 0 0 0
Vanguard Interm-Term Corp Bd ETF Exchange Traded Fund 92206C870   38,409 486 SH   DFND 1 0 0 0
iShares Short Maturity Bond ETF Exchange Traded Fund 46431W507   17,849 359 SH   DFND 1 0 0 0
iShares US Aerospace & Defense ETF Exchange Traded Fund 464288760   4,550 39 SH   DFND 1 0 0 0