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
BARRICK GOLD CORP COM 067901108 1,616 60,000 SH   DFND   60,000 0 0
ALPHABET INC-CL A COM 02079K305 5,856 4,130 SH   DFND   4,130 0 0
AMAZON.COM INC COM 023135106 8,524 3,090 SH   DFND   3,090 0 0
AMEDISYS INC COM 023436108 1,032 5,200 SH   DFND   5,200 0 0
AMERICAN EXPRESS CO COM 025816109 2,380 25,000 SH   DFND   25,000 0 0
AMERICAN WATER WORKS CO INC COM 030420103 2,959 23,000 SH   DFND   23,000 0 0
APPLE INC COM 037833100 5,836 16,000 SH   DFND   16,000 0 0
APPLIED MATERIALS INC COM 038222105 3,324 55,000 SH   DFND   55,000 0 0
ATMOS ENERGY CORP COM 049560105 995 10,000 SH   DFND   10,000 0 0
BOYD GAMING CORP COM 103304101 1,024 49,000 SH   DFND   49,000 0 0
CVS HEALTH CORP COM 126650100 649 10,000 SH   DFND   10,000 0 0
CACI INTERNATIONAL INC -CL A CL A 127190304 1,192 5,500 SH   DFND   5,500 0 0
WALT DISNEY CO/THE COM DISNEY 254687106 1,115 10,000 SH   DFND   10,000 0 0
DOLLAR GENERAL CORP COM 256677105 3,810 20,000 SH   DFND   20,000 0 0
EASTGROUP PROPERTIES INC COM 277276101 1,648 13,900 SH   DFND   13,900 0 0
EXLSERVICE HOLDINGS INC COM 302081104 1,172 18,500 SH   DFND   18,500 0 0
EXXON MOBIL CORP COM 30231G102 2,683 60,000 SH   DFND   60,000 0 0
FEDERAL SIGNAL CORP COM 313855108 1,367 46,000 SH   DFND   46,000 0 0
GLOBUS MEDICAL INC - A CL A 379577208 515 10,800 SH   DFND   10,800 0 0
HORACE MANN EDUCATORS COM 440327104 1,120 30,500 SH   DFND   30,500 0 0
INTEGRA LIFESCIENCES HOLDING COM 457985208 864 18,400 SH   DFND   18,400 0 0
INTL FLAVORS & FRAGRANCES COM 459506101 1,322 10,800 SH   DFND   10,800 0 0
INTUIT INC COM 461202103 4,442 15,000 SH   DFND   15,000 0 0
INTUITIVE SURGICAL INC COM 46120E602 3,988 7,000 SH   DFND   7,000 0 0
INVESCO S&P SMALLCAP INFORMA S&P SMLCP INFO 46138E115 2,041 23,453 SH   DFND   23,453 0 0
ISHARES MSCI KOKUSAI ETF MSCI KOKUSAI ETF 464288265 20,492 296,900 SH   DFND   296,900 0 0
ISHARES CORE US REIT ETF CRE U S REIT ETF 464288521 2,274 52,300 SH   DFND   52,300 0 0
J & J SNACK FOODS CORP COM 466032109 1,271 10,000 SH   DFND   10,000 0 0
LAMB WESTON HOLDINGS INC COM 513272104 1,917 30,000 SH   DFND   30,000 0 0
LANCASTER COLONY CORP COM 513847103 1,363 8,800 SH   DFND   8,800 0 0
MID-AMERICA APARTMENT COMM COM 59522J103 688 6,000 SH   DFND   6,000 0 0
MONOLITHIC POWER SYSTEMS INC COM 609839105 1,422 6,000 SH   DFND   6,000 0 0
NEXTERA ENERGY INC COM 65339F101 1,585 6,600 SH   DFND   6,600 0 0
PGT INNOVATIONS INC COM 69336V101 862 55,000 SH   DFND   55,000 0 0
PS BUSINESS PARKS INC/CA COM 69360J107 1,403 10,600 SH   DFND   10,600 0 0
POOL CORP COM 73278L105 1,712 6,300 SH   DFND   6,300 0 0
REPUBLIC SERVICES INC COM 760759100 2,461 30,000 SH   DFND   30,000 0 0
SAFETY INSURANCE GROUP INC COM 78648T100 1,067 14,000 SH   DFND   14,000 0 0
SALESFORCE.COM INC COM 79466L302 4,683 25,000 SH   DFND   25,000 0 0
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209 4,202 42,000 SH   DFND   42,000 0 0
CONSUMER STAPLES SPDR SBI CONS STPLS 81369Y308 5,394 92,000 SH   DFND   92,000 0 0
FINANCIAL SELECT SECTOR SPDR SBI INT-FINL 81369Y605 3,123 135,000 SH   DFND   135,000 0 0
TECHNOLOGY SELECT SECT SPDR TECHNOLOGY 81369Y803 8,881 85,000 SH   DFND   85,000 0 0
SERVICE CORP INTERNATIONAL COM 817565104 1,742 44,800 SH   DFND   44,800 0 0
WEBSTER FINANCIAL CORP COM 947890109 1,230 43,000 SH   DFND   43,000 0 0
XYLEM INC COM 98419M100 1,883 29,000 SH   DFND   29,000 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 2,106 23,000 SH   DFND   23,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 3,442 9,500 SH   DFND   9,500 0 0
ETSY INC COM 29786A106 1,062 10,000 SH   DFND   10,000 0 0
FACEBOOK INC-CLASS A CL A 30303M102 4,450 19,600 SH   DFND   19,600 0 0
UNITEDHEALTH GROUP INC COM 91324P102 884 3,000 SH   DFND   3,000 0 0
HELEN OF TROY LTD COM G4388N106 622 3,300 SH   DFND   3,300 0 0
ESSENTIAL UTILITIES INC COM 29670G102 633 15,000 SH   DFND   15,000 0 0
MICROSOFT CORP COM 594918104 8,649 42,500 SH   DFND   42,500 0 0
NEOGENOMICS INC COM NEW 64049M209 1,177 38,000 SH   DFND   38,000 0 0
ISHARES RUSSELL 2000 ETF RUSSELL 2000 ETF 464287655 3,006 21,000 SH   DFND   21,000 0 0
INVESCO S&P SMALLCAP HEALTH S&P SMLCP HELT 46138E149 606 5,005 SH   DFND   5,005 0 0
WEST PHARMACEUTICAL SERVICES COM 955306105 931 4,100 SH   DFND   4,100 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 1,931 8,000 SH   DFND   8,000 0 0
ITRON INC COM 465741106 927 14,000 SH   DFND   14,000 0 0
WD-40 CO COM 929236107 1,685 8,500 SH   DFND   8,500 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 2,244 20,000 SH   DFND   20,000 0 0
T-MOBILE US INC COM 872590104 3,853 37,000 SH   DFND   37,000 0 0
BALL CORP COM 058498106 1,111 16,000 SH   DFND   16,000 0 0
MASIMO CORP COM 574795100 547 2,400 SH   DFND   2,400 0 0
OTIS WORLDWIDE CORP COM 68902V107 2,871 50,500 SH   DFND   50,500 0 0
JPMORGAN CHASE & CO COM 46625H100 3,009 32,000 SH   DFND   32,000 0 0
ROYAL GOLD INC COM 780287108 248 2,000 SH   DFND   2,000 0 0
BARNES GROUP INC COM 067806109 1,107 28,000 SH   DFND   28,000 0 0
CHART INDUSTRIES INC COM PAR $0.01 16115Q308 1,309 27,000 SH   DFND   27,000 0 0
AON PLC-CLASS A SHS CL A G0403H108 3,659 19,000 SH   DFND   19,000 0 0
BOOT BARN HOLDINGS INC COM 099406100 754 35,000 SH   DFND   35,000 0 0
OFG BANCORP COM 67103X102 1,296 97,000 SH   DFND   97,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 840 50,000 SH   DFND   50,000 0 0
T-MOBILE US INC - RIGHTS RIGHT 07/27/2020 872590112 6 37,000 SH   DFND   37,000 0 0