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
ACCO BRANDS CORP COM 00081T108 122 18,000 SH   DFND 9 18,000 0 0
AES CORP COM 00130H105 10,519 727,451 SH   DFND 9 727,451 0 0
AGREE REALTY CORP COM 008492100 554 9,365 SH   DFND 9 9,365 0 0
AIRCASTLE LTD COM G0129K104 395 22,931 SH   DFND 9 22,931 0 0
ALASKA AIR GROUP INC COM 011659109 663 10,900 SH   DFND 9 10,900 0 0
ALLETE INC COM NEW 018522300 709 9,300 SH   DFND 9 9,300 0 0
ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 273 10,001 SH   DFND 9 10,001 0 0
ALLY FINL INC COM 02005N100 4,485 197,912 SH   DFND 9 197,912 0 0
ALTRIA GROUP INC COM 02209S103 2,395 48,500 SH   DFND 9 48,500 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 2,016 164,197 SH   DFND 9 164,197 0 0
AMERICAN MIDSTREAM PARTNERS COM UNITS 02752P100 58 19,000 SH   DFND 9 19,000 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,579 17,400 SH   DFND 9 17,400 0 0
AMERIPRISE FINL INC COM 03076C106 6,617 63,400 SH   DFND 9 63,400 0 0
AMERISAFE INC COM 03071H100 224 3,957 SH   DFND 9 3,957 0 0
AMGEN INC COM 031162100 4,033 20,719 SH   DFND 9 20,719 0 0
ANADARKO PETE CORP COM 032511107 3,371 76,900 SH   DFND 9 76,900 0 0
ANIXTER INTL INC COM 035290105 330 6,084 SH   DFND 9 6,084 0 0
APACHE CORP COM 037411105 5,176 197,199 SH   DFND 9 197,199 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 706 16,093 SH   DFND 9 16,093 0 0
APPLIED MATLS INC COM 038222105 6,083 185,800 SH   DFND 9 185,800 0 0
ARCH COAL INC CL A 039380407 763 9,198 SH   DFND 9 9,198 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 910 22,200 SH   DFND 9 22,200 0 0
ASSURANT INC COM 04621X108 233 2,600 SH   DFND 9 2,600 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 1,876 49,400 SH   DFND 9 49,400 0 0
ATMOS ENERGY CORP COM 049560105 227 2,450 SH   DFND 9 2,450 0 0
AU OPTRONICS CORP SPONSORED ADR 002255107 73 18,637 SH   DFND 9 18,637 0 0
AUTOLIV INC COM 052800109 1,552 22,100 SH   DFND 9 22,100 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 472 3,600 SH   DFND 9 3,600 0 0
AVANGRID INC COM 05351W103 496 9,900 SH   DFND 9 9,900 0 0
AXA EQUITABLE HLDGS INC COM 054561105 1,596 95,988 SH   DFND 9 95,988 0 0
B & G FOODS INC NEW COM 05508R106 428 14,800 SH   DFND 9 14,800 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 700 132,290 SH   DFND 9 132,290 0 0
BANK N S HALIFAX COM 064149107 1,719 34,467 SH   DFND 9 34,467 0 0
BANKUNITED INC COM 06652K103 395 13,200 SH   DFND 9 13,200 0 0
BARNES & NOBLE INC COM 067774109 406 57,262 SH   DFND 9 57,262 0 0
BEMIS INC COM 081437105 647 14,100 SH   DFND 9 14,100 0 0
BENCHMARK ELECTRS INC COM 08160H101 225 10,600 SH   DFND 9 10,600 0 0
BHP GROUP PLC SPONSORED ADS 05545E209 3,163 75,500 SH   DFND 9 75,500 0 0
BIG LOTS INC COM 089302103 1,192 41,200 SH   DFND 9 41,200 0 0
BLACKROCK INC COM 09247X101 6,681 17,007 SH   DFND 9 17,007 0 0
BLOCK H & R INC COM 093671105 1,532 60,391 SH   DFND 9 60,391 0 0
BOISE CASCADE CO DEL COM 09739D100 239 10,000 SH   DFND 9 10,000 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 334 7,400 SH   DFND 9 7,400 0 0
BORGWARNER INC COM 099724106 632 18,200 SH   DFND 9 18,200 0 0
BOSTON PRIVATE FINL HLDGS IN COM 101119105 116 10,960 SH   DFND 9 10,960 0 0
BRIGHTSPHERE INVESTMNT GRP P SHS G1644T109 136 12,774 SH   DFND 9 12,774 0 0
BRINKER INTL INC COM 109641100 795 18,084 SH   DFND 9 18,084 0 0
BROADCOM INC COM 11135F101 1,192 4,686 SH   DFND 9 4,686 0 0
BUCKLE INC COM 118440106 1,143 59,100 SH   DFND 9 59,100 0 0
CAMDEN PPTY TR SH BEN INT 133131102 343 3,900 SH   DFND 9 3,900 0 0
CAPITALA FIN CORP COM 14054R106 89 12,426 SH   DFND 9 12,426 0 0
CATO CORP NEW CL A 149205106 933 65,359 SH   DFND 9 65,359 0 0
CEMTREX INC *W EXP 12/02/202 15130G113 0 30,000 SH   DFND 9 30,000 0 0
CENTERPOINT ENERGY INC COM 15189T107 4,302 152,398 SH   DFND 9 152,398 0 0
CENTRAL PUERTO S A SPONSORED ADR 155038201 400 43,514 SH   DFND 9 43,514 0 0
CF INDS HLDGS INC COM 125269100 8,495 195,241 SH   DFND 9 195,241 0 0
CHEESECAKE FACTORY INC COM 163072101 509 11,700 SH   DFND 9 11,700 0 0
CHENIERE ENERGY INC COM NEW 16411R208 750 12,674 SH   DFND 9 12,674 0 0
CHEVRON CORP NEW COM 166764100 3,688 33,900 SH   DFND 9 33,900 0 0
CHIMERA INVT CORP COM NEW 16934Q208 684 38,400 SH   DFND 9 38,400 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 211 20,126 SH   DFND 9 20,126 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 447 9,306 SH   DFND 9 9,306 0 0
CHINA TELECOM CORP LTD SPON ADR H SHS 169426103 467 9,205 SH   DFND 9 9,205 0 0
CINCINNATI FINL CORP COM 172062101 1,012 13,068 SH   DFND 9 13,068 0 0
CISCO SYS INC COM 17275R102 819 18,900 SH   DFND 9 18,900 0 0
CITIGROUP INC COM NEW 172967424 8,314 159,691 SH   DFND 9 159,691 0 0
CLEARWAY ENERGY INC CL C 18539C204 817 47,387 SH   DFND 9 47,387 0 0
CLEVELAND CLIFFS INC COM 185899101 668 86,900 SH   DFND 9 86,900 0 0
CLOROX CO DEL COM 189054109 879 5,700 SH   DFND 9 5,700 0 0
CME GROUP INC COM CL A 12572Q105 221 1,176 SH   DFND 9 1,176 0 0
CMS ENERGY CORP COM 125896100 2,617 52,700 SH   DFND 9 52,700 0 0
CNO FINL GROUP INC COM 12621E103 1,246 83,725 SH   DFND 9 83,725 0 0
CNOOC LTD SPONSORED ADR 126132109 1,306 8,569 SH   DFND 9 8,569 0 0
COCA COLA CO COM 191216100 922 19,465 SH   DFND 9 19,465 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 1,748 38,655 SH   DFND 9 38,655 0 0
COMMUNITY HEALTHCARE TR INC COM 20369C106 203 7,053 SH   DFND 9 7,053 0 0
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 384 175,161 SH   DFND 9 175,161 0 0
CONAGRA BRANDS INC COM 205887102 226 10,585 SH   DFND 9 10,585 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107 512 51,840 SH   DFND 9 51,840 0 0
COPA HOLDINGS SA CL A P31076105 2,885 36,658 SH   DFND 9 36,658 0 0
CORNING INC COM 219350105 5,386 178,300 SH   DFND 9 178,300 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 303 14,400 SH   DFND 9 14,400 0 0
COVANTA HLDG CORP COM 22282E102 1,139 84,900 SH   DFND 9 84,900 0 0
COVIA HLDGS CORP COM 22305A103 324 94,743 SH   DFND 9 94,743 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 304 1,900 SH   DFND 9 1,900 0 0
CREDICORP LTD COM G2519Y108 534 2,407 SH   DFND 9 2,407 0 0
CRH PLC ADR 12626K203 546 20,713 SH   DFND 9 20,713 0 0
CUBESMART COM 229663109 316 11,000 SH   DFND 9 11,000 0 0
CUMMINS INC COM 231021106 1,403 10,500 SH   DFND 9 10,500 0 0
CVR ENERGY INC COM 12662P108 2,289 66,391 SH   DFND 9 66,391 0 0
CVS HEALTH CORP COM 126650100 1,743 26,600 SH   DFND 9 26,600 0 0
DANA INCORPORATED COM 235825205 629 46,170 SH   DFND 9 46,170 0 0
DARDEN RESTAURANTS INC COM 237194105 7,639 76,500 SH   DFND 9 76,500 0 0
DEAN FOODS CO NEW COM NEW 242370203 45 11,900 SH   DFND 9 11,900 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 2,819 56,500 SH   DFND 9 56,500 0 0
DELUXE CORP COM 248019101 346 9,000 SH   DFND 9 9,000 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 1,577 11,120 SH   DFND 9 11,120 0 0
DICKS SPORTING GOODS INC COM 253393102 2,788 89,366 SH   DFND 9 89,366 0 0
DOMINION ENERGY MIDSTRM PRTN COM UT REP LTD 257454108 590 32,700 SH   DFND 9 32,700 0 0
DOVER CORP COM 260003108 426 6,000 SH   DFND 9 6,000 0 0
DRYSHIPS INC COM PAR NEW Y2109Q705 1,719 304,275 SH   DFND 9 304,275 0 0
DSW INC CL A 23334L102 2,299 93,068 SH   DFND 9 93,068 0 0
DTE ENERGY CO COM 233331107 2,250 20,400 SH   DFND 9 20,400 0 0
DUNKIN BRANDS GROUP INC COM 265504100 4,495 70,100 SH   DFND 9 70,100 0 0
EATON CORP PLC SHS G29183103 762 11,100 SH   DFND 9 11,100 0 0
ECOPETROL S A SPONSORED ADS 279158109 306 19,300 SH   DFND 9 19,300 0 0
EL PASO ELEC CO COM NEW 283677854 2,270 45,292 SH   DFND 9 45,292 0 0
ENBRIDGE INC COM 29250N105 553 17,788 SH   DFND 9 17,788 0 0
ENEL AMERICAS S A SPONSORED ADR 29274F104 548 61,392 SH   DFND 9 61,392 0 0
ENI S P A SPONSORED ADR 26874R108 273 8,671 SH   DFND 9 8,671 0 0
ENTERGY CORP NEW COM 29364G103 12,151 141,178 SH   DFND 9 141,178 0 0
EQUINOR ASA SPONSORED ADR 29446M102 648 30,600 SH   DFND 9 30,600 0 0
ERICSSON ADR B SEK 10 294821608 467 52,700 SH   DFND 9 52,700 0 0
ESSEX PPTY TR INC COM 297178105 1,567 6,392 SH   DFND 9 6,392 0 0
EURONAV NV ANTWERPEN SHS B38564108 374 54,000 SH   DFND 9 54,000 0 0
EVERCORE INC CLASS A 29977A105 630 8,800 SH   DFND 9 8,800 0 0
EVERGY INC COM 30034W106 5,643 99,408 SH   DFND 9 99,408 0 0
EVERSOURCE ENERGY COM 30040W108 2,712 41,700 SH   DFND 9 41,700 0 0
EXELON CORP COM 30161N101 8,265 183,256 SH   DFND 9 183,256 0 0
FASTENAL CO COM 311900104 356 6,800 SH   DFND 9 6,800 0 0
FERROGLOBE PLC SHS G33856108 112 70,539 SH   DFND 9 70,539 0 0
FIFTH THIRD BANCORP COM 316773100 588 25,000 SH   DFND 9 25,000 0 0
FIRST AMERN FINL CORP COM 31847R102 424 9,500 SH   DFND 9 9,500 0 0
FIRST HAWAIIAN INC COM 32051X108 2,173 96,525 SH   DFND 9 96,525 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 438 15,192 SH   DFND 9 15,192 0 0
FIRSTENERGY CORP COM 337932107 8,344 222,200 SH   DFND 9 222,200 0 0
FOOT LOCKER INC COM 344849104 3,187 59,900 SH   DFND 9 59,900 0 0
FRONTLINE LTD SHS NEW G3682E192 406 73,400 SH   DFND 9 73,400 0 0
GALLAGHER ARTHUR J & CO COM 363576109 937 12,717 SH   DFND 9 12,717 0 0
GANNETT CO INC COM 36473H104 186 21,771 SH   DFND 9 21,771 0 0
GARMIN LTD SHS H2906T109 260 4,100 SH   DFND 9 4,100 0 0
GASLOG LTD SHS G37585109 826 50,160 SH   DFND 9 50,160 0 0
GATX CORP COM 361448103 1,905 26,909 SH   DFND 9 26,909 0 0
GENUINE PARTS CO COM 372460105 1,450 15,100 SH   DFND 9 15,100 0 0
GILEAD SCIENCES INC COM 375558103 3,772 60,300 SH   DFND 9 60,300 0 0
GLACIER BANCORP INC NEW COM 37637Q105 386 9,745 SH   DFND 9 9,745 0 0
GRAFTECH INTL LTD COM 384313508 1,304 113,974 SH   DFND 9 113,974 0 0
GRAINGER W W INC COM 384802104 2,202 7,800 SH   DFND 9 7,800 0 0
GREENHILL & CO INC COM 395259104 354 14,503 SH   DFND 9 14,503 0 0
GUESS INC COM 401617105 384 18,500 SH   DFND 9 18,500 0 0
HANCOCK WHITNEY CORPORATION COM 410120109 301 8,700 SH   DFND 9 8,700 0 0
HASBRO INC COM 418056107 5,295 65,164 SH   DFND 9 65,164 0 0
HAVERTY FURNITURE INC COM 419596101 257 13,698 SH   DFND 9 13,698 0 0
HAWAIIAN ELEC INDUSTRIES COM 419870100 1,472 40,200 SH   DFND 9 40,200 0 0
HCP INC COM 40414L109 1,098 39,300 SH   DFND 9 39,300 0 0
HELMERICH & PAYNE INC COM 423452101 1,548 32,300 SH   DFND 9 32,300 0 0
HERSHA HOSPITALITY TR PR SHS BEN INT 427825500 695 39,646 SH   DFND 9 39,646 0 0
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 42 11,800 SH   DFND 9 11,800 0 0
HOME DEPOT INC COM 437076102 2,869 16,700 SH   DFND 9 16,700 0 0
HOPE BANCORP INC COM 43940T109 805 67,893 SH   DFND 9 67,893 0 0
HP INC COM 40434L105 1,463 71,485 SH   DFND 9 71,485 0 0
HUNTSMAN CORP COM 447011107 3,545 183,756 SH   DFND 9 183,756 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101 241 4,216 SH   DFND 9 4,216 0 0
IDACORP INC COM 451107106 1,824 19,597 SH   DFND 9 19,597 0 0
INFOSYS LTD SPONSORED ADR 456788108 1,266 133,028 SH   DFND 9 133,028 0 0
INSPERITY INC COM 45778Q107 429 4,600 SH   DFND 9 4,600 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 13,004 114,400 SH   DFND 9 114,400 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 2,167 16,141 SH   DFND 9 16,141 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 1,045 71,429 SH   DFND 9 71,429 0 0
INTERPUBLIC GROUP COS INC COM 460690100 3,444 166,921 SH   DFND 9 166,921 0 0
INTL PAPER CO COM 460146103 9,778 242,273 SH   DFND 9 242,273 0 0
ISRAEL CHEMICALS LTD SHS M5920A109 76 13,500 SH   DFND 9 13,500 0 0
JERNIGAN CAP INC COM 476405105 305 15,371 SH   DFND 9 15,371 0 0
JUPAI HLDGS LTD ADS 48205B107 101 23,007 SH   DFND 9 23,007 0 0
KAR AUCTION SVCS INC COM 48238T109 224 4,700 SH   DFND 9 4,700 0 0
KELLOGG CO COM 487836108 2,012 35,300 SH   DFND 9 35,300 0 0
KEURIG DR PEPPER INC COM 49271V100 1,482 57,800 SH   DFND 9 57,800 0 0
KEYCORP NEW COM 493267108 3,209 217,090 SH   DFND 9 217,090 0 0
KIMBERLY CLARK CORP COM 494368103 5,150 45,202 SH   DFND 9 45,202 0 0
KLA-TENCOR CORP COM 482480100 5,182 57,906 SH   DFND 9 57,906 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 2,613 74,423 SH   DFND 9 74,423 0 0
KROGER CO COM 501044101 3,471 126,200 SH   DFND 9 126,200 0 0
KT CORP SPONSORED ADR 48268K101 525 36,900 SH   DFND 9 36,900 0 0
L BRANDS INC COM 501797104 5,013 195,300 SH   DFND 9 195,300 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 311 4,500 SH   DFND 9 4,500 0 0
LG DISPLAY CO LTD SPONS ADR REP 50186V102 102 12,500 SH   DFND 9 12,500 0 0
LILLY ELI & CO COM 532457108 3,347 28,921 SH   DFND 9 28,921 0 0
LINCOLN NATL CORP IND COM 534187109 3,998 77,914 SH   DFND 9 77,914 0 0
M & T BK CORP COM 55261F104 2,347 16,400 SH   DFND 9 16,400 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 479 13,100 SH   DFND 9 13,100 0 0
MACYS INC COM 55616P104 6,978 234,312 SH   DFND 9 234,312 0 0
MAIDEN HOLDINGS LTD SHS G5753U112 146 88,606 SH   DFND 9 88,606 0 0
MARATHON PETE CORP COM 56585A102 12,102 205,087 SH   DFND 9 205,087 0 0
MARSH & MCLENNAN COS INC COM 571748102 2,608 32,700 SH   DFND 9 32,700 0 0
MATSON INC COM 57686G105 1,159 36,207 SH   DFND 9 36,207 0 0
MCCORMICK & CO INC COM NON VTG 579780206 3,411 24,500 SH   DFND 9 24,500 0 0
MCDONALDS CORP COM 580135101 2,841 16,000 SH   DFND 9 16,000 0 0
MEDTRONIC PLC SHS G5960L103 1,273 14,000 SH   DFND 9 14,000 0 0
MERCER INTL INC COM 588056101 135 12,941 SH   DFND 9 12,941 0 0
MERCK & CO INC COM 58933Y105 3,171 41,500 SH   DFND 9 41,500 0 0
MERCURY GENL CORP NEW COM 589400100 536 10,367 SH   DFND 9 10,367 0 0
MEREDITH CORP COM 589433101 2,021 38,911 SH   DFND 9 38,911 0 0
MERIDIAN BIOSCIENCE INC COM 589584101 1,117 64,359 SH   DFND 9 64,359 0 0
MILLER HERMAN INC COM 600544100 203 6,700 SH   DFND 9 6,700 0 0
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 2,146 306,594 SH   DFND 9 306,594 0 0
MONDELEZ INTL INC CL A 609207105 2,869 71,662 SH   DFND 9 71,662 0 0
MORGAN STANLEY COM NEW 617446448 8,477 213,789 SH   DFND 9 213,789 0 0
MURPHY OIL CORP COM 626717102 2,851 121,903 SH   DFND 9 121,903 0 0
NATIONAL CINEMEDIA INC COM 635309107 330 50,851 SH   DFND 9 50,851 0 0
NATIONAL FUEL GAS CO N J COM 636180101 998 19,497 SH   DFND 9 19,497 0 0
NATIONAL PRESTO INDS INC COM 637215104 1,779 15,215 SH   DFND 9 15,215 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 266 10,060 SH   DFND 9 10,060 0 0
NETAPP INC COM 64110D104 4,941 82,800 SH   DFND 9 82,800 0 0
NEW JERSEY RES COM 646025106 592 12,962 SH   DFND 9 12,962 0 0
NEW MTN FIN CORP COM 647551100 975 77,470 SH   DFND 9 77,470 0 0
NEW YORK MTG TR INC COM PAR $.02 649604501 363 61,652 SH   DFND 9 61,652 0 0
NEXTERA ENERGY INC COM 65339F101 5,391 31,013 SH   DFND 9 31,013 0 0
NIC INC COM 62914B100 445 35,675 SH   DFND 9 35,675 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 282 140,938 SH   DFND 9 140,938 0 0
NORDSTROM INC COM 655664100 7,635 163,800 SH   DFND 9 163,800 0 0
NORTHERN TR CORP COM 665859104 678 8,114 SH   DFND 9 8,114 0 0
NORTHWESTERN CORP COM NEW 668074305 3,204 53,902 SH   DFND 9 53,902 0 0
NUCOR CORP COM 670346105 756 14,600 SH   DFND 9 14,600 0 0
NVENT ELECTRIC PLC SHS G6700G107 1,660 73,893 SH   DFND 9 73,893 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 140 33,100 SH   DFND 9 33,100 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,725 44,400 SH   DFND 9 44,400 0 0
OFFICE DEPOT INC COM 676220106 1,741 674,705 SH   DFND 9 674,705 0 0
OFG BANCORP COM 67103X102 363 22,047 SH   DFND 9 22,047 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 3,010 85,640 SH   DFND 9 85,640 0 0
ONE GAS INC COM 68235P108 1,973 24,784 SH   DFND 9 24,784 0 0
OTTER TAIL CORP COM 689648103 437 8,798 SH   DFND 9 8,798 0 0
OXFORD SQUARE CAP CORP COM 69181V107 167 25,870 SH   DFND 9 25,870 0 0
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 461 17,606 SH   DFND 9 17,606 0 0
PACWEST BANCORP DEL COM 695263103 654 19,658 SH   DFND 9 19,658 0 0
PARK HOTELS RESORTS INC COM 700517105 684 26,315 SH   DFND 9 26,315 0 0
PATTERSON COMPANIES INC COM 703395103 1,529 77,757 SH   DFND 9 77,757 0 0
PAYCHEX INC COM 704326107 1,991 30,558 SH   DFND 9 30,558 0 0
PBF ENERGY INC CL A 69318G106 516 15,800 SH   DFND 9 15,800 0 0
PEARSON PLC SPONSORED ADR 705015105 570 47,767 SH   DFND 9 47,767 0 0
PENNANTPARK INVT CORP COM 708062104 141 22,122 SH   DFND 9 22,122 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,721 132,300 SH   DFND 9 132,300 0 0
PG&E CORP COM 69331C108 3,517 148,081 SH   DFND 9 148,081 0 0
PHILLIPS 66 COM 718546104 3,360 39,000 SH   DFND 9 39,000 0 0
PINNACLE WEST CAP CORP COM 723484101 281 3,300 SH   DFND 9 3,300 0 0
PITNEY BOWES INC COM 724479100 880 148,907 SH   DFND 9 148,907 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 804 40,000 SH   DFND 9 40,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 3,016 25,800 SH   DFND 9 25,800 0 0
PNM RES INC COM 69349H107 1,338 32,566 SH   DFND 9 32,566 0 0
POPULAR INC COM NEW 733174700 859 18,200 SH   DFND 9 18,200 0 0
PORTLAND GEN ELEC CO COM NEW 736508847 2,279 49,705 SH   DFND 9 49,705 0 0
PPL CORP COM 69351T106 4,757 167,928 SH   DFND 9 167,928 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 6,444 145,900 SH   DFND 9 145,900 0 0
PROASSURANCE CORP COM 74267C106 769 18,965 SH   DFND 9 18,965 0 0
PROSPECT CAPITAL CORPORATION COM 74348T102 90 14,300 SH   DFND 9 14,300 0 0
PRUDENTIAL FINL INC COM 744320102 5,217 63,976 SH   DFND 9 63,976 0 0
RELIANCE STEEL & ALUMINUM CO COM 759509102 922 12,950 SH   DFND 9 12,950 0 0
RENASANT CORP COM 75970E107 223 7,400 SH   DFND 9 7,400 0 0
REPUBLIC SVCS INC COM 760759100 1,045 14,500 SH   DFND 9 14,500 0 0
RLI CORP COM 749607107 1,075 15,575 SH   DFND 9 15,575 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 7,678 78,516 SH   DFND 9 78,516 0 0
RPM INTL INC COM 749685103 2,704 45,994 SH   DFND 9 45,994 0 0
SABRE CORP COM 78573M104 3,075 142,100 SH   DFND 9 142,100 0 0
SAFETY INS GROUP INC COM 78648T100 286 3,501 SH   DFND 9 3,501 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 1,010 57,400 SH   DFND 9 57,400 0 0
SCANA CORP NEW COM 80589M102 1,811 37,894 SH   DFND 9 37,894 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 2,636 68,308 SH   DFND 9 68,308 0 0
SEASPAN CORP SHS Y75638109 122 15,600 SH   DFND 9 15,600 0 0
SEMPRA ENERGY COM 816851109 1,060 9,800 SH   DFND 9 9,800 0 0
SIGNET JEWELERS LIMITED SHS G81276100 289 9,100 SH   DFND 9 9,100 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 235 6,800 SH   DFND 9 6,800 0 0
SNAP ON INC COM 833034101 1,936 13,328 SH   DFND 9 13,328 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 1,196 31,238 SH   DFND 9 31,238 0 0
SONOCO PRODS CO COM 835495102 1,770 33,311 SH   DFND 9 33,311 0 0
SPIRE INC COM 84857L101 1,525 20,589 SH   DFND 9 20,589 0 0
STARBUCKS CORP COM 855244109 3,291 51,100 SH   DFND 9 51,100 0 0
STEEL DYNAMICS INC COM 858119100 508 16,900 SH   DFND 9 16,900 0 0
SUNOCO LP COM U REP LP 86765K109 289 10,640 SH   DFND 9 10,640 0 0
SYNCHRONY FINL COM 87165B103 4,465 190,333 SH   DFND 9 190,333 0 0
SYNOVUS FINL CORP COM NEW 87161C501 237 7,400 SH   DFND 9 7,400 0 0
TEEKAY TANKERS LTD CL A Y8565N102 42 44,800 SH   DFND 9 44,800 0 0
TELEFONICA S A SPONSORED ADR 879382208 315 37,290 SH   DFND 9 37,290 0 0
TERNIUM SA SPON ADR 880890108 244 9,000 SH   DFND 9 9,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 4,099 265,845 SH   DFND 9 265,845 0 0
TFS FINL CORP COM 87240R107 169 10,448 SH   DFND 9 10,448 0 0
THOMSON REUTERS CORP COM NEW 884903709 3,155 65,300 SH   DFND 9 65,300 0 0
TIFFANY & CO NEW COM 886547108 1,586 19,700 SH   DFND 9 19,700 0 0
TOTAL S A SPONSORED ADR 89151E109 569 10,906 SH   DFND 9 10,906 0 0
TRANSDIGM GROUP INC COM 893641100 476 1,400 SH   DFND 9 1,400 0 0
TRANSPORTADORA DE GAS SUR SPON ADR B 893870204 477 31,808 SH   DFND 9 31,808 0 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 769 49,200 SH   DFND 9 49,200 0 0
TRIBUNE MEDIA CO CL A 896047503 718 15,825 SH   DFND 9 15,825 0 0
TRINITY INDS INC COM 896522109 1,890 91,800 SH   DFND 9 91,800 0 0
TRINSEO S A SHS L9340P101 728 15,900 SH   DFND 9 15,900 0 0
TUPPERWARE BRANDS CORP COM 899896104 417 13,200 SH   DFND 9 13,200 0 0
U S SILICA HLDGS INC COM 90346E103 660 64,800 SH   DFND 9 64,800 0 0
UGI CORP NEW COM 902681105 1,211 22,700 SH   DFND 9 22,700 0 0
UNION PAC CORP COM 907818108 3,414 24,700 SH   DFND 9 24,700 0 0
UNIVERSAL CORP VA COM 913456109 685 12,646 SH   DFND 9 12,646 0 0
US BANCORP DEL COM NEW 902973304 5,148 112,651 SH   DFND 9 112,651 0 0
V F CORP COM 918204108 920 12,900 SH   DFND 9 12,900 0 0
VECTOR GROUP LTD COM 92240M108 626 64,375 SH   DFND 9 64,375 0 0
VECTREN CORP COM 92240G101 1,307 18,158 SH   DFND 9 18,158 0 0
VEON LTD SPONSORED ADR 91822M106 617 263,500 SH   DFND 9 263,500 0 0
VIACOM INC NEW CL B 92553P201 2,241 87,200 SH   DFND 9 87,200 0 0
WADDELL & REED FINL INC CL A 930059100 1,887 104,379 SH   DFND 9 104,379 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 4,701 68,797 SH   DFND 9 68,797 0 0
WALMART INC COM 931142103 2,871 30,826 SH   DFND 9 30,826 0 0
WASTE MGMT INC DEL COM 94106L109 2,225 25,000 SH   DFND 9 25,000 0 0
WEC ENERGY GROUP INC COM 92939U106 2,953 42,639 SH   DFND 9 42,639 0 0
WESTERN DIGITAL CORP COM 958102105 5,674 153,470 SH   DFND 9 153,470 0 0
WESTROCK CO COM 96145D105 1,816 48,100 SH   DFND 9 48,100 0 0
WILLIAMS SONOMA INC COM 969904101 3,106 61,559 SH   DFND 9 61,559 0 0
WINGSTOP INC COM 974155103 2,394 37,291 SH   DFND 9 37,291 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 896 25,000 SH   DFND 9 25,000 0 0
WYNN RESORTS LTD COM 983134107 2,659 26,888 SH   DFND 9 26,888 0 0
XCEL ENERGY INC COM 98389B100 3,010 61,100 SH   DFND 9 61,100 0 0
XEROX CORP COM NEW 984121608 377 19,100 SH   DFND 9 19,100 0 0
YIRENDAI LTD SPONSORED ADR 98585L100 300 27,867 SH   DFND 9 27,867 0 0