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
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BLOOMIN' BRANDS INC COM 094235108 783 40,300 SH   SOLE   40,300 0 0
ISHARES MSCI JAPAN ETF ETF 46434G822 7,371 109,100 SH   SOLE   109,100 0 0
ISHARES MSCI SWITZERLAND ETF ETF 464286749 4,137 92,600 SH   SOLE   92,600 0 0
ISHARES NASDAQ BIOTECHNOLOGY ETF 464287556 6,035 39,840 SH   SOLE   39,840 0 0
KRANESHARES MSCI ALL CHINA H ETF 500767835 1,511 38,700 SH   SOLE   38,700 0 0
KRANESHARES CSI CHINA INTERN ETF 500767306 8,493 110,600 SH   SOLE   110,600 0 0
INVESCO QQQ TRUST SERIES 1 ETF 46090E103 17,444 55,600 SH   SOLE   55,600 0 0
VANGUARD FTSE ALL-WORLD EX-U ETF 922042775 14,946 256,100 SH   SOLE   256,100 0 0
SPDR S&P BIOTECH ETF ETF 78464A870 2,562 18,200 SH   SOLE   18,200 0 0
COMM SERV SELECT SECTOR SPDR ETF 81369Y852 5,587 82,800 SH   SOLE   82,800 0 0
ENERGY SELECT SECTOR SPDR ETF 81369Y506 968 3,420 SH Call SOLE   3,420 0 0
TECHNOLOGY SELECT SECT SPDR ETF 81369Y803 7,021 54,000 SH   SOLE   54,000 0 0
HEALTH CARE SELECT SECTOR ETF 81369Y209 4,055 35,750 SH   SOLE   35,750 0 0
CONSUMER DISCRETIONARY SELT ETF 81369Y407 7,380 45,900 SH   SOLE   45,900 0 0
ISHARES RUSSELL 2000 ETF ETF 464287655 3,470 17,700 SH   SOLE   17,700 0 0
JPMORGAN ALERIAN MLP INDEX ETN 46625H365 2,657 191,300 SH   SOLE   191,300 0 0
AVALONBAY COMMUNITIES INC COM 053484101 650 4,050 SH   SOLE   4,050 0 0
COREPOINT LODGING INC COM 21872L104 4,544 660,500 SH   SOLE   660,500 0 0
COLUMBIA PROPERTY TRUST INC COM 198287203 2,290 159,700 SH   SOLE   159,700 0 0
EQUITY RESIDENTIAL COM 29476L107 676 11,400 SH   SOLE   11,400 0 0
SPDR GOLD SHARES ETF 78463V107 3,853 21,600 SH   SOLE   21,600 0 0
SPDR S&P GL NAT RESOURCES ETF 78463X541 1,070 23,900 SH   SOLE   23,900 0 0
SIGMA LITHIUM RESOURCES CORP COM 826600108 865 368,600 SH   SOLE   368,600 0 0
VANGUARD REAL ESTATE ETF ETF 922908553 6,438 75,800 SH   SOLE   75,800 0 0