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
UNILEVER PLC-SPONSORED ADR ADR 904767704 22,371 535,824 SH   DFND   535,824 0 0
SAP SE-SPONSORED ADR ADR 803054204 16,217 185,000 SH   DFND   185,000 0 0
NOVO-NORDISK A/S-SPONS ADR ADR 670100205 15,352 375,000 SH   DFND   375,000 0 0
NOVO-NORDISK A/S-SPONS ADR ADR 670100205 12,704 310,314 SH   DFND   310,314 0 0
BP PLC-SPONS ADR ADR 055622104 11,662 323,932 SH   DFND   323,932 0 0
BANCO SANTANDER SA-SPON ADR ADR 05964H105 10,772 2,198,468 SH   DFND   2,198,468 0 0
TELEFONICA SA-SPON ADR ADR 879382208 10,652 1,074,916 SH   DFND   1,074,916 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 10,179 330,803 SH   DFND   330,803 0 0
HONDA MOTOR CO LTD-SPONS ADR ADR 438128308 9,946 332,073 SH   DFND   332,073 0 0
SAP SE-SPONSORED ADR ADR 803054204 9,383 107,042 SH   DFND   107,042 0 0
BRITISH AMERICAN TOB-SP ADR ADR 110448107 7,347 65,552 SH   DFND   65,552 0 0
BARCLAYS PLC-SPONS ADR ADR 06738E204 6,902 744,527 SH   DFND   744,527 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 6,437 504,882 SH   DFND   504,882 0 0
ABB LTD-SPON ADR ADR 000375204 6,115 297,869 SH   DFND   297,869 0 0
HSBC HOLDINGS PLC-SPONS ADR ADR 404280406 6,115 160,795 SH   DFND   160,795 0 0
SASOL LTD-SPONSORED ADR ADR 803866300 5,474 198,555 SH   DFND   198,555 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 5,139 158,378 SH   DFND   158,378 0 0
CHUNGHWA TELECOM LT-SPON ADR ADR 17133Q502 4,655 136,107 SH   DFND   136,107 0 0
NATIONAL GRID PLC-SP ADR ADR 636274300 4,362 67,257 SH   DFND   67,257 0 0
STATOIL ASA-SPON ADR ADR 85771P102 4,326 260,593 SH   DFND   260,593 0 0
RANDGOLD RESOURCES LTD-ADR ADR 752344309 4,114 48,198 SH   DFND   48,198 0 0
TENARIS SA-ADR ADR 88031M109 3,835 132,944 SH   DFND   132,944 0 0
SIBANYE GOLD- SPON ADR ADR 825724206 3,382 301,405 SH   DFND   301,405 0 0
ORANGE-SPON ADR ADR 684060106 3,207 202,323 SH   DFND   202,323 0 0
NIPPON TELEGRAPH & TELE-ADR ADR 654624105 3,138 70,013 SH   DFND   70,013 0 0
HONDA MOTOR CO LTD-SPONS ADR ADR 438128308 2,995 100,000 SH   DFND   100,000 0 0
ENI SPA-SPONSORED ADR ADR 26874R108 2,978 99,396 SH   DFND   99,396 0 0
ADVANCED SEMICONDUCTOR E-ADR ADR 00756M404 2,904 496,415 SH   DFND   496,415 0 0
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102 2,660 25,984 SH   DFND   25,984 0 0
KB FINANCIAL GROUP INC-ADR ADR 48241A105 2,579 68,966 SH   DFND   68,966 0 0
PETROCHINA CO LTD -ADR ADR 71646E100 2,410 34,349 SH   DFND   34,349 0 0
CHINA UNICOM HONG KONG-ADR ADR 16945R104 2,346 198,780 SH   DFND   198,780 0 0
SHINHAN FINANCIAL GROUP-ADR ADR 824596100 2,322 60,838 SH   DFND   60,838 0 0
SK TELECOM CO LTD-SPON ADR ADR 78440P108 2,231 100,409 SH   DFND   100,409 0 0
ING GROEP N.V.-SPONSORED ADR ADR 456837103 2,153 164,257 SH   DFND   164,257 0 0
TELEFONICA SA-SPON ADR ADR 879382208 1,982 200,000 SH   DFND   200,000 0 0
CNOOC LTD-SPON ADR ADR 126132109 1,863 14,242 SH   DFND   14,242 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 1,728 30,212 SH   DFND   30,212 0 0
SILICONWARE PRECISION-SP ADR ADR 827084864 1,714 232,597 SH   DFND   232,597 0 0
RANDGOLD RESOURCES LTD-ADR ADR 752344309 1,707 20,000 SH   DFND   20,000 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 1,577 51,240 SH   DFND   51,240 0 0
RANDGOLD RESOURCES LTD-ADR ADR 752344309 1,435 16,810 SH   DFND   16,810 0 0
AU OPTRONICS CORP-SPON ADR ADR 002255107 1,424 340,661 SH   DFND   340,661 0 0
CHINA TELECOM CORP LTD-ADR ADR 169426103 1,384 26,483 SH   DFND   26,483 0 0
DBV TECHNOLOGIES SA-SPON ADR ADR 23306J101 1,308 36,363 SH   DFND   36,363 0 0
GALAPAGOS NV-SPON ADR ADR 36315X101 1,258 20,074 SH   DFND   20,074 0 0
RELX NV - SPON ADR ADR 75955B102 1,223 73,377 SH   DFND   73,377 0 0
AMEC FOSTER WHEELER-SPN ADR ADR 00167X205 1,121 199,140 SH   DFND   199,140 0 0
GOLD FIELDS LTD-SPONS ADR ADR 38059T106 1,060 263,087 SH   DFND   263,087 0 0
HUANENG POWER INTL-SPONS ADR ADR 443304100 1,010 41,309 SH   DFND   41,309 0 0
BHP BILLITON PLC-ADR ADR 05545E209 900 29,900 SH   DFND   29,900 0 0
DBV TECHNOLOGIES SA-SPON ADR ADR 23306J101 899 25,000 SH   DFND   25,000 0 0
TURKCELL ILETISIM HIZMET-ADR ADR 900111204 879 108,653 SH   DFND   108,653 0 0
MARINE HARVEST ASA- SPON ADR ADR 56824R205 834 46,158 SH   DFND   46,158 0 0
LINE CORP-SPONSORED ADR ADR 53567X101 761 18,198 SH   DFND   18,198 0 0
BT GROUP PLC-SPON ADR ADR 05577E101 716 30,806 SH   DFND   30,806 0 0
ANGLOGOLD ASHANTI-SPON ADR ADR 035128206 625 46,789 SH   DFND   46,789 0 0
HARMONY GOLD MNG-SPON ADR ADR 413216300 625 202,884 SH   DFND   202,884 0 0
CANON INC-SPONS ADR ADR 138006309 620 22,022 SH   DFND   22,022 0 0
SUMITOMO MITSUI-SPONS ADR ADR 86562M209 610 89,943 SH   DFND   89,943 0 0
CHINA UNICOM HONG KONG-ADR ADR 16945R104 591 50,120 SH   DFND   50,120 0 0
NTT DOCOMO INC-SPON ADR ADR 62942M201 591 23,890 SH   DFND   23,890 0 0
RELX NV - SPON ADR ADR 75955B102 583 35,000 SH   DFND   35,000 0 0
TELECOM ITALIA SPA-SPON ADR ADR 87927Y102 582 68,353 SH   DFND   68,353 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 549 43,053 SH   DFND   43,053 0 0
NOMURA HOLDINGS INC-SPON ADR ADR 65535H208 537 109,347 SH   DFND   109,347 0 0
NETEASE INC-ADR ADR 64110W102 532 1,993 SH   DFND   1,993 0 0
TOYOTA MOTOR CORP -SPON ADR ADR 892331307 474 4,124 SH   DFND   4,124 0 0
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102 419 4,089 SH   DFND   4,089 0 0
CIA DE MINAS BUENAVENTUR-ADR ADR 204448104 405 30,527 SH   DFND   30,527 0 0
SIBANYE GOLD- SPON ADR ADR 825724206 347 30,947 SH   DFND   30,947 0 0
GOLD FIELDS LTD-SPONS ADR ADR 38059T106 339 84,061 SH   DFND   84,061 0 0
ROYAL DUTCH SHELL-SPON ADR-A ADR 780259206 293 5,801 SH   DFND   5,801 0 0
BAIDU INC - SPON ADR ADR 056752108 288 1,642 SH   DFND   1,642 0 0
UNITED MICROELECTRON-SP ADR ADR 910873405 283 153,883 SH   DFND   153,883 0 0
PEARSON PLC-SPONSORED ADR ADR 705015105 250 27,694 SH   DFND   27,694 0 0
CNOOC LTD-SPON ADR ADR 126132109 244 1,866 SH   DFND   1,866 0 0
BAIDU INC - SPON ADR ADR 056752108 229 1,306 SH   DFND   1,306 0 0
LG DISPLAY CO LTD-ADR ADR 50186V102 220 17,011 SH   DFND   17,011 0 0
YANZHOU COAL MINING-SP ADR ADR 984846105 162 21,529 SH   DFND   21,529 0 0
AU OPTRONICS CORP-SPON ADR ADR 002255107 148 35,291 SH   DFND   35,291 0 0
ENERSIS AMERICAS-SPONS ADR ADR 29274F104 131 15,100 SH   DFND   15,100 0 0
ADVANCED SEMICONDUCTOR E-ADR ADR 00756M404 80 13,678 SH   DFND   13,678 0 0
ENEL CHILE SA ADR 29278D105 75 15,285 SH   DFND   15,285 0 0
MESOBLAST LTD- SPON ADR ADR 590717104 50 11,810 SH   DFND   11,810 0 0
SPROTT PHYSICAL PLATINUM AND Closed-End Fund 85207Q104 213 31,944 SH   DFND   31,944 0 0
SPROTT PHYSICAL SILVER TRUST Closed-End Fund 85207K107 155 22,979 SH   DFND   22,979 0 0
RESMED INC Common Stock 761152107 3,590 60,000 SH   DFND   60,000 0 0
BARRICK GOLD CORP Common Stock 067901108 2,558 151,787 SH   DFND   151,787 0 0
NEWMONT MINING CORP Common Stock 651639106 2,495 71,717 SH   DFND   71,717 0 0
FRANCO-NEVADA CORP Common Stock 351858105 2,083 32,795 SH   DFND   32,795 0 0
AGNICO EAGLE MINES LTD Common Stock 008474108 1,855 38,029 SH   DFND   38,029 0 0
PRETIUM RESOURCES INC Common Stock 74139C102 1,422 149,108 SH   DFND   149,108 0 0
GOLDCORP INC Common Stock 380956409 1,410 95,535 SH   DFND   95,535 0 0
ELDORADO GOLD CORP Common Stock 284902103 1,250 375,400 SH   DFND   375,400 0 0
OSISKO GOLD ROYALTIES LTD Common Stock 68827L101 1,134 108,389 SH   DFND   108,389 0 0
B2GOLD CORP Common Stock 11777Q209 1,063 389,200 SH   DFND   389,200 0 0
NOVAGOLD RESOURCES INC Common Stock 66987E206 1,034 216,704 SH   DFND   216,704 0 0
RESMED INC Common Stock 761152107 950 15,881 SH   DFND   15,881 0 0
ROYAL GOLD INC Common Stock 780287108 944 14,175 SH   DFND   14,175 0 0
NEW GOLD INC Common Stock 644535106 931 246,400 SH   DFND   246,400 0 0
ENDEAVOUR SILVER CORP Common Stock 29258Y103 845 200,266 SH   DFND   200,266 0 0
ALAMOS GOLD INC-CLASS A Common Stock 011532108 809 102,643 SH   DFND   102,643 0 0
IAMGOLD CORP Common Stock 450913108 758 192,886 SH   DFND   192,886 0 0
NEWS CORP - CLASS B Common Stock 65249B208 689 54,676 SH   DFND   54,676 0 0
RICHMONT MINES INC Common Stock 76547T106 606 65,145 SH   DFND   65,145 0 0
SANDSTORM GOLD LTD Common Stock 80013R206 542 116,822 SH   DFND   116,822 0 0
SEABRIDGE GOLD INC Common Stock 811916105 526 49,855 SH   DFND   49,855 0 0
ASANKO GOLD INC Common Stock 04341Y105 510 133,100 SH   DFND   133,100 0 0
GOLD RESOURCE CORP Common Stock 38068T105 483 89,583 SH   DFND   89,583 0 0
KINROSS GOLD CORP Common Stock 496902404 416 111,337 SH   DFND   111,337 0 0
KINROSS GOLD CORP Common Stock 496902404 415 111,000 SH   DFND   111,000 0 0
MCEWEN MINING INC Common Stock 58039P107 331 107,511 SH   DFND   107,511 0 0
KLONDEX MINES LTD Common Stock 498696103 303 55,434 SH   DFND   55,434 0 0
YAMANA GOLD INC Common Stock 98462Y100 298 82,700 SH   DFND   82,700 0 0
MAG SILVER CORP Common Stock 55903Q104 278 19,414 SH   DFND   19,414 0 0
SILVER STANDARD RESOURCES Common Stock 82823L106 254 23,763 SH   DFND   23,763 0 0
FORTUNA SILVER MINES INC Common Stock 349915108 191 28,720 SH   DFND   28,720 0 0
PRIMERO MINING CORP Common Stock 74164W106 157 110,696 SH   DFND   110,696 0 0
ISHARES MSCI EMERGING MARKET ETP 464287234 187,852 5,066,115 SH   DFND   5,066,115 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 54,152 1,453,350 SH   DFND   1,453,350 0 0
VANGUARD TOTAL INTL STOCK ETP 921909768 37,523 810,077 SH   DFND   810,077 0 0
ISHARES MSCI SOUTH KOREA CAP ETP 464286772 23,078 418,007 SH   DFND   418,007 0 0
SPDR DJ GLOBAL REAL ESTATE E ETP 78463X749 16,753 362,852 SH   DFND   362,852 0 0
ISHARES MSCI RUSSIA CAPPED E ETP 46434G798 14,538 995,746 SH   DFND   995,746 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780 13,646 253,407 SH   DFND   253,407 0 0
ISHARES MSCI THAILAND CAPPED ETP 464286624 13,105 182,240 SH   DFND   182,240 0 0
DEUTSCHE X-TRACKERS MSCI EME ETP 233051101 12,156 608,732 SH   DFND   608,732 0 0
DEUTSCHE X-TRACKERS MSCI JAP ETP 233051507 10,286 300,064 SH   DFND   300,064 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 10,144 272,246 SH   DFND   272,246 0 0
WISDOMTREE EUROPE HEDGED EQU ETP 97717X701 9,986 182,890 SH   DFND   182,890 0 0
SPDR DJ INTERNATIONAL REAL E ETP 78463X863 9,001 231,198 SH   DFND   231,198 0 0
ISHARES MSCI PHILIPPINES ETF ETP 46429B408 8,905 250,000 SH   DFND   250,000 0 0
ISHARES CORE MSCI EMERGING ETP 46434G103 8,657 192,088 SH   DFND   192,088 0 0
ISHARES MSCI BRAZIL CAPPED E ETP 464286400 8,086 214,083 SH   DFND   214,083 0 0
GLOBAL X SILVER MINERS ETF ETP 37954Y848 7,984 200,297 SH   DFND   200,297 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306 7,843 192,936 SH   DFND   192,936 0 0
WISDOMTREE INDIA EARNINGS ETP 97717W422 7,667 356,612 SH   DFND   356,612 0 0
DEUTSCHE X-TRACKERS MSCI EAF ETP 233051200 6,761 252,952 SH   DFND   252,952 0 0
FIRST TRUST DEVELP MKT EX-US ETP 33737J174 6,704 140,840 SH   DFND   140,840 0 0
VANGUARD TOT WORLD STK ETF ETP 922042742 6,633 110,992 SH   DFND   110,992 0 0
ISHARES CURRENCY HEDGED MSCI ETP 46434V639 6,258 247,949 SH   DFND   247,949 0 0
ISHARES MSCI MALAYSIA ETF ETP 46434G814 6,240 782,985 SH   DFND   782,985 0 0
POWERSHARES INDIA PORTFOLIO ETP 73935L100 6,142 299,006 SH   DFND   299,006 0 0
DEUTSCHE X-TRACKERS MSCI JAP ETP 233051507 5,546 161,793 SH   DFND   161,793 0 0
VANGUARD FTSE EUROPE ETF ETP 922042874 5,378 114,174 SH   DFND   114,174 0 0
ISHARES MSCI MEXICO CAPPED ETP 464286822 5,164 101,187 SH   DFND   101,187 0 0
ISHARES GLOBAL INFRASTRUCTUR ETP 464288372 5,036 125,405 SH   DFND   125,405 0 0
ISHARES MSCI GLOBAL SILVER M ETP 464286327 4,980 390,565 SH   DFND   390,565 0 0
FLEXSHARES STOXX GLOBAL BROA ETP 33939L795 4,755 109,396 SH   DFND   109,396 0 0
FLEXSHARES-INT QUAL DVD INDE ETP 33939L837 4,691 209,139 SH   DFND   209,139 0 0
POWERSHARES GLBL GOLD PR-MTL ETP 73936Q876 4,648 229,854 SH   DFND   229,854 0 0
VANECK VECTORS AGRIBUSINESS ETP 92189F700 4,542 92,338 SH   DFND   92,338 0 0
ISHARES MSCI EMERGING MARKET ETP 464286426 4,538 80,784 SH   DFND   80,784 0 0
ISHARES MSCI GLOBAL GOLD MIN ETP 46434G855 4,418 440,526 SH   DFND   440,526 0 0
ISHARES EDGE MSCI MIN VOL EA ETP 46429B689 4,370 67,949 SH   DFND   67,949 0 0
ISHARES MSCI INDONESIA ETF ETP 46429B309 4,165 159,153 SH   DFND   159,153 0 0
GOLDMAN SACHS ACTIVEBETA INT ETP 381430107 4,078 166,750 SH   DFND   166,750 0 0
PROSHARES SHORT VIX ST FUTUR ETP 74347W627 3,838 50,000 SH   DFND   50,000 0 0
ISHARES GLOBAL ENERGY ETF ETP 464287341 3,801 115,455 SH   DFND   115,455 0 0
ISHARES MSCI ACWI EX US ETF ETP 464288240 3,746 91,967 SH   DFND   91,967 0 0
DRXN D CSI CH A-SHR BEAR 1X ETP 25459Y116 3,320 80,446 SH   DFND   80,446 0 0
WISDOMTREE DY CUR HDG INTL ETP 97717X263 3,268 125,547 SH   DFND   125,547 0 0
WISDOMTREE JAPAN HEDGED EQ ETP 97717W851 3,197 70,959 SH   DFND   70,959 0 0
ISHARES EUROPE DEVELOPED REA ETP 464288471 3,154 95,093 SH   DFND   95,093 0 0
ISHARES CORE MSCI EAFE ETF ETP 46432F842 2,939 54,570 SH   DFND   54,570 0 0
ISHARES MSCI POLAND CAPPED E ETP 46429B606 2,788 153,550 SH   DFND   153,550 0 0
SPDR S&P INTL SMALL CAP ETP 78463X871 2,781 91,156 SH   DFND   91,156 0 0
POWERSHARES FTSE RAFI DEV EX ETP 73936T789 2,777 75,800 SH   DFND   75,800 0 0
DEUTSCHE X-TRACKERS MSCI EUR ETP 233051853 2,761 106,011 SH   DFND   106,011 0 0
IPATH MSCI INDIA INDEX ETN ETP 06739F291 2,699 39,636 SH   DFND   39,636 0 0
DEUTSCHE X-TRACKERS MSCI ALL ETP 233051820 2,675 114,694 SH   DFND   114,694 0 0
SPDR S&P INTL UTILITIES SECT ETP 78463X632 2,403 153,930 SH   DFND   153,930 0 0
ISHARES EDGE MSCI MIN VOL EM ETP 464286533 2,398 45,237 SH   DFND   45,237 0 0
ISHARES CORE U.S. AGGREGATE ETP 464287226 2,299 20,686 SH   DFND   20,686 0 0
COLUMBIA EM QUALITY DIVIDEND ETP 19762B301 2,280 168,492 SH   DFND   168,492 0 0
ISHARES MSCI UNITED KINGDOM ETP 46429B416 2,244 66,994 SH   DFND   66,994 0 0
ISHARES MSCI CHILE CAPPED ET ETP 464286640 2,222 55,681 SH   DFND   55,681 0 0
WISDOMTREE INTERNATIONAL EQU ETP 97717W703 2,191 47,340 SH   DFND   47,340 0 0
ISHARES MSCI SPAIN CAPPED ET ETP 464286764 2,155 78,717 SH   DFND   78,717 0 0
ISHARES MSCI FRONTIER 100 ETP 464286145 2,146 85,453 SH   DFND   85,453 0 0
DEUTSCHE X-TRACKERS MSCI GER ETP 233051408 2,134 90,158 SH   DFND   90,158 0 0
COLUMBIA INDIA SMALL CAP ETF ETP 19762B889 2,093 124,595 SH   DFND   124,595 0 0
POWERSHARES EM MKT SOVR DEBT ETP 73936T573 2,040 68,580 SH   DFND   68,580 0 0
WISDOMTREE INTERNATIONAL HIG ETP 97717W802 2,019 53,877 SH   DFND   53,877 0 0
ISHARES MSCI NEW ZEALAND CAP ETP 464289123 1,974 46,160 SH   DFND   46,160 0 0
DEUTSCHE X-TRACKERS HARVEST ETP 233051879 1,950 79,061 SH   DFND   79,061 0 0
ISHARES GLOBAL CONSUMER DISC ETP 464288745 1,948 22,176 SH   DFND   22,176 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 1,923 51,617 SH   DFND   51,617 0 0
ISHARES MSCI ACWI ETF ETP 464288257 1,842 31,690 SH   DFND   31,690 0 0
COLUMBIA EMERGING MARKETS CO ETP 19762B509 1,797 73,823 SH   DFND   73,823 0 0
ISHARES INDIA 50 ETF ETP 464289529 1,738 58,947 SH   DFND   58,947 0 0
ISHARES MSCI KOKUSAI ETF ETP 464288265 1,738 32,740 SH   DFND   32,740 0 0
IPATH S&P GSCI CRUDE OIL TR ETP 06738C786 1,732 287,278 SH   DFND   287,278 0 0
FIRST TRUST DW FOCUS 5 INTL ETP 33738R886 1,719 95,216 SH   DFND   95,216 0 0
WISDOMTREE MIDDLE EAST DVD ETP 97717X305 1,713 102,680 SH   DFND   102,680 0 0
FIRST TRUST EMERGING MARKETS ETP 33737J182 1,661 79,268 SH   DFND   79,268 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103 1,657 7,773 SH   DFND   7,773 0 0
VANECK VECTORS BRAZIL SMALL- ETP 92189F825 1,648 88,279 SH   DFND   88,279 0 0
GUGGENHEIM S&P GLOBAL WATER ETP 18383Q507 1,645 56,456 SH   DFND   56,456 0 0
ISHARES MSCI ITALY CAPPED ET ETP 46434G830 1,599 141,033 SH   DFND   141,033 0 0
ISHA CURR HEDGED MSCI JAPAN ETP 46434V886 1,592 61,699 SH   DFND   61,699 0 0
FIRST TRUST GLOBAL TACTICAL ETP 33739H101 1,563 75,623 SH   DFND   75,623 0 0
ISHARES GLOBAL INDUSTRIALS E ETP 464288729 1,484 20,639 SH   DFND   20,639 0 0
FIRST TRUST BICK INDEX FUND ETP 33733H107 1,471 62,775 SH   DFND   62,775 0 0
ISHA HEDGED MSCI GERMANY ETP 46434V704 1,439 59,322 SH   DFND   59,322 0 0
SPDR BBG BARC HIGH YIELD BND ETP 78464A417 1,395 38,191 SH   DFND   38,191 0 0
FIRST TRUST EUROPE ETP 33737J117 1,385 48,937 SH   DFND   48,937 0 0
ISHARES GLOBAL FINANCIALS ET ETP 464287333 1,362 25,888 SH   DFND   25,888 0 0
ISHARES GLOBAL 100 ETF ETP 464287572 1,322 17,764 SH   DFND   17,764 0 0
ISHARES GLOBAL HEALTHCARE ET ETP 464287325 1,296 13,491 SH   DFND   13,491 0 0
ISHARES GLOBAL MATERIALS ETF ETP 464288695 1,283 24,274 SH   DFND   24,274 0 0
ISHARES MSCI NETHERLANDS ETF ETP 464286814 1,237 50,757 SH   DFND   50,757 0 0
GUGGENHEIM FRONTIER MARKETS ETP 18383Q838 1,196 102,085 SH   DFND   102,085 0 0
DIREXION DAILY INDIA BULL 3X ETP 25490K331 1,183 20,805 SH   DFND   20,805 0 0
WISDOMTREE JPN HDG REAL EST ETP 97717W638 1,133 45,705 SH   DFND   45,705 0 0
ISHARES IBOXX INVESTMENT GRA ETP 464287242 1,108 9,158 SH   DFND   9,158 0 0
ISHARES CORE INTL STOCK ETF ETP 46432F834 1,107 21,613 SH   DFND   21,613 0 0
POWERSHARES DWA EMERGING MAR ETP 73936Q207 1,106 68,702 SH   DFND   68,702 0 0
ISHA CURR HEDGED MSCI EAFE ETP 46434V803 1,101 43,767 SH   DFND   43,767 0 0
WISDOMTREE ASIA-PACIFIC EX-J ETP 97717W828 1,096 18,409 SH   DFND   18,409 0 0
FIRST TRUST TAIWAN ETP 33737J257 1,091 34,163 SH   DFND   34,163 0 0
POWERSHARES ASIA EX-JAPAN ETP 73936T854 1,084 22,757 SH   DFND   22,757 0 0
WISDOMTREE UNITED KINGDOM ETP 97717W349 1,082 40,974 SH   DFND   40,974 0 0
ISHARES MSCI SWITZERLAND CAP ETP 464286749 1,067 36,687 SH   DFND   36,687 0 0
SPDR MSCI ACWI EX-US ETP 78463X848 1,063 33,202 SH   DFND   33,202 0 0
ISHARES MSCI BRIC ETF ETP 464286657 1,054 30,735 SH   DFND   30,735 0 0
GUGGENHEIM INTERNATIONAL MUL ETP 18383Q804 1,051 70,186 SH   DFND   70,186 0 0
FLEXSHARES GLOBAL QUALITY RE ETP 33939L787 1,014 17,927 SH   DFND   17,927 0 0
VANECK VECTORS CHINAAMC SME- ETP 92189F627 1,008 30,982 SH   DFND   30,982 0 0
ISHARES MSCI SINGAPORE ETF ETP 46434G780 1,000 96,403 SH   DFND   96,403 0 0
FIRST TRUST BRAZIL ETP 33737J133 995 64,602 SH   DFND   64,602 0 0
ISHARES CURR HEDG MSCI SPAIN ETP 46435G813 961 48,268 SH   DFND   48,268 0 0
FLEXSHARES MORNINGSTAR DEVEL ETP 33939L803 946 17,028 SH   DFND   17,028 0 0
COLUMBIA BEYOND BRICS ETF ETP 19762B103 920 57,941 SH   DFND   57,941 0 0
ISHARES MSCI WORLD ETF ETP 464286392 916 12,843 SH   DFND   12,843 0 0
GLOBAL X CHINA CONSUMER ETF ETP 37950E408 888 73,497 SH   DFND   73,497 0 0
FLEXSHARES-INT QUAL DVD DEFE ETP 33939L811 880 39,649 SH   DFND   39,649 0 0
VANECK VECTORS VIETNAM ETF ETP 92189F817 874 60,172 SH   DFND   60,172 0 0
POWERSHARES S&P EM-MK LOW VO ETP 73937B662 862 38,829 SH   DFND   38,829 0 0
ISHARES MSCI CANADA ETF ETP 464286509 856 33,561 SH   DFND   33,561 0 0
SPDR S&P WORLD EX-US ETF ETP 78463X889 844 32,624 SH   DFND   32,624 0 0
FIRST TRUST DJ GL SEL DVD ETP 33734X200 807 35,250 SH   DFND   35,250 0 0
IPATH BLOOMBERG COFFEE SUBIN ETP 06739H297 794 32,378 SH   DFND   32,378 0 0
POWERSHARES FTSE RAFI DV S-M ETP 73936T771 793 29,041 SH   DFND   29,041 0 0
WISDOMTREE INTL S/C DVD FUND ETP 97717W760 791 13,204 SH   DFND   13,204 0 0
GLOBAL X MSCI GREECE ETF ETP 37950E366 772 105,578 SH   DFND   105,578 0 0
WISDOMTREE EUR S/C DIVIDEND ETP 97717W869 753 14,164 SH   DFND   14,164 0 0
ISHARES EXPONENTIAL TECH ETF ETP 46434V381 751 29,575 SH   DFND   29,575 0 0
FT FTSE EPRA/NAREIT REAL EST ETP 33736N101 743 17,289 SH   DFND   17,289 0 0
COLUMBIA INDIA CONSUMER ETF ETP 19762B707 732 20,629 SH   DFND   20,629 0 0
POWERSHARES DB AGRICULTURE F ETP 73936B408 731 35,320 SH   DFND   35,320 0 0
ISHARES S&P GSCI COMMODITY I ETP 46428R107 726 48,159 SH   DFND   48,159 0 0
WISDOM TREE KOREA HEDGED EQU ETP 97717W372 726 34,107 SH   DFND   34,107 0 0
ISHARES JP MORGAN USD EMERGI ETP 464288281 723 6,294 SH   DFND   6,294 0 0
SPDR S&P GL NAT RESOURCES ETP 78463X541 713 18,293 SH   DFND   18,293 0 0
ISHARES MSCI GLOBAL METALS & ETP 46434G848 712 59,733 SH   DFND   59,733 0 0
ISHARES MSCI IRELAND CAPPED ETP 46429B507 695 19,225 SH   DFND   19,225 0 0
GLOBAL X GOLD EXPLORERS ETF ETP 37954Y863 692 20,153 SH   DFND   20,153 0 0
POWERSHARES INTERNATIONAL BU ETP 73937B621 690 24,745 SH   DFND   24,745 0 0
WISDOMTREE INTL DVD EX-FIN ETP 97717W786 672 17,843 SH   DFND   17,843 0 0
ISHARES MSCI ISRAEL CAPPED E ETP 464286632 666 14,313 SH   DFND   14,313 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 647 19,834 SH   DFND   19,834 0 0
FT FTSE EPRA/NAREIT REAL EST ETP 33736N101 641 14,923 SH   DFND   14,923 0 0
ALPS INTERNATIONAL SECTOR DI ETP 00162Q718 640 27,306 SH   DFND   27,306 0 0
ISHARES MSCI PACIFIC EX JAPA ETP 464286665 635 15,468 SH   DFND   15,468 0 0
ISHARES JPX-NIKKEI 400 ETF ETP 464287382 634 11,580 SH   DFND   11,580 0 0
WISDOMTREE GLOBAL EX-US QUAL ETP 97717W844 632 13,202 SH   DFND   13,202 0 0
ISHARES MSCI HONG KONG ETF ETP 464286871 625 28,722 SH   DFND   28,722 0 0
ISHARES GLOBAL REIT ETF ETP 46434V647 622 24,713 SH   DFND   24,713 0 0
ISHARES MSCI TAIWAN ETF ETP 46434G772 615 39,397 SH   DFND   39,397 0 0
VIDENT INTERNATIONAL EQUITY ETP 26922A404 613 28,233 SH   DFND   28,233 0 0
WISDOMTREE INDIA EARNINGS ETP 97717W422 611 28,441 SH   DFND   28,441 0 0
WISDOMTREE GLOBAL HIGH DIVID ETP 97717W877 603 14,402 SH   DFND   14,402 0 0
VANECK VECTORS CHINAAMC CSI ETP 92189F759 599 15,457 SH   DFND   15,457 0 0
ISHARES EDGE MSCI MIN VOL EU ETP 46434V720 598 27,469 SH   DFND   27,469 0 0
GLOBAL X SOCIAL MEDIA INDEX ETP 37950E416 597 25,161 SH   DFND   25,161 0 0
ISHARES ASIA/PACIFIC DIVIDEN ETP 464286293 596 13,141 SH   DFND   13,141 0 0
FIRST TRUST ASIA PAC EX-JAPN ETP 33737J109 578 20,112 SH   DFND   20,112 0 0
ISHARES EDGE MSCI MIN VOL JA ETP 46434V712 573 9,444 SH   DFND   9,444 0 0
ISHARES MSCI BRAZIL SMALL-CA ETP 464289131 570 44,474 SH   DFND   44,474 0 0
POWERSHARES DWA DEVELOPED MA ETP 73936Q108 561 25,345 SH   DFND   25,345 0 0
ISHARES CURR HDG MSCI CANADA ETP 46435G706 557 23,015 SH   DFND   23,015 0 0
ISHARES EUROPE ETF ETP 464287861 554 14,501 SH   DFND   14,501 0 0
ISHARES GLOBAL CONSUMER STAP ETP 464288737 549 5,729 SH   DFND   5,729 0 0
VANECK VECTORS RUSSIA SMALL- ETP 92189F734 548 16,433 SH   DFND   16,433 0 0
FIRST TRUST INTL IPO ETF ETP 33734X853 536 19,903 SH   DFND   19,903 0 0
ELEMENTS ROGERS TOTAL RETURN ETP 870297801 532 105,233 SH   DFND   105,233 0 0
SPDR MSCI JAPAN STRATEGICFAC ETP 78463X368 526 7,741 SH   DFND   7,741 0 0
POWERSHARES SENIOR LOAN ETP 73936Q769 495 21,381 SH   DFND   21,381 0 0
SPDR S&P GLOBAL DIVIDEND ETF ETP 78463X459 489 7,989 SH   DFND   7,989 0 0
ISHARES CORE MSCI PACIFIC ET ETP 46434V696 488 9,677 SH   DFND   9,677 0 0
ISHARES MSCI EMERGING MARKET ETP 464286475 483 11,125 SH   DFND   11,125 0 0
ISHARES MSCI ALL PERU CAPPED ETP 464289842 481 14,726 SH   DFND   14,726 0 0
IQ GLOBAL RESOURCES ETF ETP 45409B883 465 18,154 SH   DFND   18,154 0 0
MATERIALS SELECT SECTOR SPDR ETP 81369Y100 462 9,918 SH   DFND   9,918 0 0
GUGGENHEIM MSCI GLOBAL TIMBE ETP 18383Q879 445 18,373 SH   DFND   18,373 0 0
ISHARES CURR HEDGED MSCI UK ETP 46435G862 439 17,169 SH   DFND   17,169 0 0
IPATH BLOOMBERG SUGAR SUBIND ETP 06739H214 429 8,494 SH   DFND   8,494 0 0
GLOBAL X BRAZIL MID CAP ETF ETP 37950E788 426 43,217 SH   DFND   43,217 0 0
SPDR S&P INTER DVD ETF ETP 78463X772 425 11,680 SH   DFND   11,680 0 0
POWERSHARES DB OPTIMUM YIELD ETP 73937V106 420 23,638 SH   DFND   23,638 0 0
WISDOMTREE JAPAN HEDGED SMAL ETP 97717W521 410 12,453 SH   DFND   12,453 0 0
SPDR S&P EMERGING LATIN AMER ETP 78463X707 407 8,191 SH   DFND   8,191 0 0
WISDOMTREE INTL M/C DVD FUND ETP 97717W778 399 7,270 SH   DFND   7,270 0 0
ISHARES MSCI QATAR CP ETF ETP 46434V779 399 20,889 SH   DFND   20,889 0 0
GOLDMAN ACTIVEBTA EUR EQ ETF ETP 381430305 395 15,511 SH   DFND   15,511 0 0
ISHARES CURR HEDG MSCI ITALY ETP 46435G821 394 21,767 SH   DFND   21,767 0 0
GUGGENHEIM CHINA SMALL CAP E ETP 18383Q853 393 16,011 SH   DFND   16,011 0 0
SPDR GLOBAL DOW ETF ETP 78464A706 393 5,809 SH   DFND   5,809 0 0
IPATH GSCI TOTAL RETURN INDX ETP 06738C794 392 27,968 SH   DFND   27,968 0 0
ISHARES MSCI GERMANY SMALL-C ETP 46429B465 388 9,196 SH   DFND   9,196 0 0
PUREFUNDS ISE CYBER SECURITY ETP 26924G201 383 14,617 SH   DFND   14,617 0 0
ISHARES EDGE MSCI MIN VOL US ETP 46429B697 378 8,631 SH   DFND   8,631 0 0
GLOBAL X SOUTHEAST ASIA ETF ETP 37950E648 371 27,316 SH   DFND   27,316 0 0
FIRST TRUST CHINA ETP 33737J141 370 18,423 SH   DFND   18,423 0 0
SPDR S&P CHINA ETF ETP 78463X400 368 4,700 SH   DFND   4,700 0 0
GUGGENHEIM CHINA ALL-CAP ETF ETP 18385P101 365 13,733 SH   DFND   13,733 0 0
INDUSTRIAL SELECT SECT SPDR ETP 81369Y704 365 6,432 SH   DFND   6,432 0 0
FIRST TRUST NASDAQ CYBERSECU ETP 33734X846 361 18,759 SH   DFND   18,759 0 0
WISDOMTREE GERMANY HEDGED EQ ETP 97717W448 355 13,341 SH   DFND   13,341 0 0
ELEMENTS ROGERS ENERGY TR ETP 870297306 343 134,920 SH   DFND   134,920 0 0
VELOCITYSHARES 3X LG NAT GAS ETP 22539T324 342 9,898 SH   DFND   9,898 0 0
ISHARES GLOBAL UTILITIES ETF ETP 464288711 342 7,405 SH   DFND   7,405 0 0
ISHARES MSCI BELGIUM CAPPED ETP 464286301 342 18,902 SH   DFND   18,902 0 0
GLOBAL X FTSE PORTUGAL 20 ET ETP 37950E192 334 33,870 SH   DFND   33,870 0 0
SPDR S&P INT INDUSTRIALS SEC ETP 78463X673 332 11,160 SH   DFND   11,160 0 0
FLEXSHARES CURRENCY HEDGED M ETP 33939L712 329 12,756 SH   DFND   12,756 0 0
POWERSHARES DB PREC METALS F ETP 73936B200 329 8,493 SH   DFND   8,493 0 0
POWERSHARES DB ENERGY FUND ETP 73936B101 327 25,621 SH   DFND   25,621 0 0
DEUTSCHE X-TRACKERS JAPAN JP ETP 233051663 323 13,119 SH   DFND   13,119 0 0
UNITED STATES COMMODITY INDE ETP 911717106 316 7,522 SH   DFND   7,522 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780 314 5,836 SH   DFND   5,836 0 0
ISHARES EDGE MSCI MF EM MKT ETP 46434G889 313 8,033 SH   DFND   8,033 0 0
FIRST TRUST STOXX EUROPE ETP 33735T109 312 27,023 SH   DFND   27,023 0 0
ISHARES MSCI EAFE VALUE ETF ETP 464288877 308 6,674 SH   DFND   6,674 0 0
POWERSHARES FTSE RAFI EM MKT ETP 73936T763 305 16,206 SH   DFND   16,206 0 0
WISDOMTREE INTL L/C DVD FUND ETP 97717W794 288 6,771 SH   DFND   6,771 0 0
ISHARES GLOBAL TECH ETF ETP 464287291 284 2,588 SH   DFND   2,588 0 0
VANECK VECTORS INDIA SMALL-C ETP 92189F767 284 5,928 SH   DFND   5,928 0 0
WISDOMTREE JPN HDG CAP GOODS ETP 97717W356 284 12,688 SH   DFND   12,688 0 0
SPDR BBG BARC INT CORP BOND ETP 78464A375 270 7,790 SH   DFND   7,790 0 0
DEUTSCHE X-TRACKERS JAPAN JP ETP 233051663 262 10,628 SH   DFND   10,628 0 0
SPDR S&P EMG MARKETS ETF ETP 78463X509 256 4,233 SH   DFND   4,233 0 0
ISHARES MSCI PHILIPPINES ETF ETP 46429B408 249 6,981 SH   DFND   6,981 0 0
WISDOMTREE DY CUR HDG SCP EQ ETP 97717X271 247 9,500 SH   DFND   9,500 0 0
FLEXSHARES INT QUAL DVD DYN ETP 33939L829 247 10,533 SH   DFND   10,533 0 0
ISHARES EDGE MSCI MIN VOL AS ETP 46434V746 246 4,985 SH   DFND   4,985 0 0
POWERSHARES S&P INTERNATIONA ETP 73936T805 245 12,456 SH   DFND   12,456 0 0
WISDOMTREE AUSTRALIA DIVIDEN ETP 97717W810 243 4,768 SH   DFND   4,768 0 0
POWERSHARES S&P INTERNATIONA ETP 73937B696 239 10,291 SH   DFND   10,291 0 0
POWERSHARES S&P 500 LOW VOLA ETP 73937B779 235 5,868 SH   DFND   5,868 0 0
GLOBAL X CHINA INDUSTRIALS ETP 37950E705 233 18,547 SH   DFND   18,547 0 0
TEUCRIUM SOYBEAN FUND ETP 88166A607 230 11,742 SH   DFND   11,742 0 0
SPDR MSCI GERMANY STRATEGICF ETP 78463X350 227 4,449 SH   DFND   4,449 0 0
DB AGRICULTURE DOUBLE LONG ETP 25154H558 222 56,869 SH   DFND   56,869 0 0
WISDOMTREE JPN HDG TECH MEDI ETP 97717W489 220 8,776 SH   DFND   8,776 0 0
DEUTSCHE X-TRACKERS MSCI UNI ETP 233051861 215 8,756 SH   DFND   8,756 0 0
SPDR S&P EMERGING MIDDLE EAS ETP 78463X806 214 3,696 SH   DFND   3,696 0 0
DEUTSCHE X-TRACKERS HARVEST ETP 233051754 213 6,095 SH   DFND   6,095 0 0
SPDR S&P INTL ENERGY SECTOR ETP 78463X715 208 11,635 SH   DFND   11,635 0 0
ISHARES GLOBAL CONSUMER DISC ETP 464288745 205 2,332 SH   DFND   2,332 0 0
SPDR S&P INTL TELECOM SECTOR ETP 78463X640 204 8,541 SH   DFND   8,541 0 0
SCHWAB FUNDAMENTAL INTL S/C ETP 808524748 201 6,970 SH   DFND   6,970 0 0
SPDR BBG BARC ST CORPORATE ETP 78464A474 201 6,545 SH   DFND   6,545 0 0
IQ AUSTRALIA SMALL CAP ETF ETP 45409B826 181 11,086 SH   DFND   11,086 0 0
CSOP FTSE CHINA A50 ETF ETP 12649L105 175 12,930 SH   DFND   12,930 0 0
GLOBAL X BRAZIL CONSUMER ETF ETP 37950E846 164 11,277 SH   DFND   11,277 0 0
ELEMENTS-MLCX GRAINS INDX TR ETP 870297215 137 34,805 SH   DFND   34,805 0 0
GLOBAL X CHINA ENERGY ETF ETP 37950E507 136 12,815 SH   DFND   12,815 0 0
ISHARES MSCI MALAYSIA ETF ETP 46434G814 127 15,914 SH   DFND   15,914 0 0
VELOCITYSHARES 3X INVERSE NA ETP 22542D530 84 14,321 SH   DFND   14,321 0 0
ELEMENTS ROGERS AGRI TOT RET ETP 870297603 72 11,123 SH   DFND   11,123 0 0
EMPIRE STATE REALTY OP LP-ES Ltd Part 292102100 1,577 81,643 SH   DFND   81,643 0 0
EMPIRE STATE REALTY OP-S60 Ltd Part 292102209 971 50,501 SH   DFND   50,501 0 0
EMPIRE STATE REALTY OP -S250 Ltd Part 292102308 626 32,486 SH   DFND   32,486 0 0
KONINKLIJKE PHILIPS NVR- NY NY Reg Shrs 500472303 3,536 118,709 SH   DFND   118,709 0 0
ARCELORMITTAL-NY REGISTERED NY Reg Shrs 03938L104 1,101 165,820 SH   DFND   165,820 0 0
STMICROELECTRONICS NV-NY SHS NY Reg Shrs 861012102 293 33,790 SH   DFND   33,790 0 0