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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ARCH CAPITAL GROUP LTD Common Stock G0450A105   3,379,671 30,208 SH   SOLE   30,208 0 0
AGNC INVESTMENT CORP REIT 00123Q104   5,329,370 509,500 SH   SOLE   509,500 0 0
AMERICAN INTERNATIONAL GROUP Common Stock 026874784   854,301 11,666 SH   SOLE   11,666 0 0
ASSURANT INC Common Stock 04621X108   1,974,083 9,927 SH   SOLE   9,927 0 0
ARTHUR J GALLAGHER & CO Common Stock 363576109   1,651,079 5,868 SH   SOLE   5,868 0 0
ALLSTATE CORP Common Stock 020002101   612,380 3,229 SH   SOLE   3,229 0 0
ARISTA NETWORKS INC Common Stock 040413106   366,164 954 SH   SOLE   954 0 0
AMPHENOL CORP-CL A Common Stock 032095101   1,410,519 21,647 SH   SOLE   21,647 0 0
APPLOVIN CORP-CLASS A Common Stock 03831W108   876,904 6,717 SH   SOLE   6,717 0 0
BROADCOM INC Common Stock 11135F101   307,395 1,782 SH   SOLE   1,782 0 0
JPMORGAN BETABUILDERS JAPAN ETP 46641Q217   3,402,138 57,391 SH   SOLE   57,391 0 0
BANK OF NEW YORK MELLON CORP Common Stock 064058100   1,203,008 16,741 SH   SOLE   16,741 0 0
INVESCO SENIOR LOAN ETF ETP 46138G508   2,676,968 127,414 SH   SOLE   127,414 0 0
BROADRIDGE FINANCIAL SOLUTIO Common Stock 11133T103   1,604,769 7,463 SH   SOLE   7,463 0 0
BROWN & BROWN INC Common Stock 115236101   1,619,164 15,629 SH   SOLE   15,629 0 0
BURLINGTON STORES INC Common Stock 122017106   597,046 2,266 SH   SOLE   2,266 0 0
CARDINAL HEALTH INC Common Stock 14149Y108   500,656 4,530 SH   SOLE   4,530 0 0
CHUBB LTD Common Stock H1467J104   952,552 3,303 SH   SOLE   3,303 0 0
CBOE GLOBAL MARKETS INC Common Stock 12503M108   1,627,282 7,943 SH   SOLE   7,943 0 0
CARNIVAL CORP Common Stock 143658300   1,033,568 55,929 SH   SOLE   55,929 0 0
CELANESE CORP Common Stock 150870103   783,130 5,760 SH   SOLE   5,760 0 0
CHARTER COMMUNICATIONS INC-A Common Stock 16119P108   708,763 2,187 SH   SOLE   2,187 0 0
COMCAST CORP-CLASS A Common Stock 20030N101   814,640 19,503 SH   SOLE   19,503 0 0
CME GROUP INC Common Stock 12572Q105   1,521,602 6,896 SH   SOLE   6,896 0 0
COSTCO WHOLESALE CORP Common Stock 22160K105   3,573,562 4,031 SH   SOLE   4,031 0 0
COPART INC Common Stock 217204106   1,556,175 29,698 SH   SOLE   29,698 0 0
CROWDSTRIKE HOLDINGS INC - A Common Stock 22788C105   189,598 676 SH   SOLE   676 0 0
CINTAS CORP Common Stock 172908105   1,702,216 8,268 SH   SOLE   8,268 0 0
SPDR BLOOMBERG CONVERTIBLE S ETP 78464A359   2,753,104 35,946 SH   SOLE   35,946 0 0
DELTA AIR LINES INC Common Stock 247361702   2,987,112 58,813 SH   SOLE   58,813 0 0
DOORDASH INC - A Common Stock 25809K105   315,291 2,209 SH   SOLE   2,209 0 0
DATADOG INC - CLASS A Common Stock 23804L103   210,560 1,830 SH   SOLE   1,830 0 0
DRAFTKINGS INC-CL A Common Stock 26142V105   1,030,607 26,291 SH   SOLE   26,291 0 0
DUOLINGO Common Stock 26603R106   377,907 1,340 SH   SOLE   1,340 0 0
DAVITA INC Common Stock 23918K108   2,231,251 13,611 SH   SOLE   13,611 0 0
SPDR S&P INTER DVD ETF ETP 78463X772   2,567,233 66,862 SH   SOLE   66,862 0 0
ISHARES MSCI CHILE ETF ETP 464286640   291,378 10,681 SH   SOLE   10,681 0 0
EVEREST GROUP LTD Common Stock G3223R108   2,229,121 5,689 SH   SOLE   5,689 0 0
ISHARES MSCI INDONESIA ETF ETP 46429B309   882,900 39,240 SH   SOLE   39,240 0 0
ISHARES JP MORGAN USD EMERGI ETP 464288281   2,579,720 27,567 SH   SOLE   27,567 0 0
EMCOR GROUP INC Common Stock 29084Q100   597,576 1,388 SH   SOLE   1,388 0 0
ISHARES J.P. MORGAN EM HIGH ETP 464286285   2,587,299 66,307 SH   SOLE   66,307 0 0
ISHARES MSCI PHILIPPINES ETF ETP 46429B408   902,943 30,997 SH   SOLE   30,997 0 0
ISHARES MSCI POLAND ETF ETP 46429B606   842,801 34,769 SH   SOLE   34,769 0 0
ISHARES MSCI PERU AND GLOBAL ETP 464289842   906,737 20,999 SH   SOLE   20,999 0 0
ELASTIC NV Common Stock N14506104   178,544 2,326 SH   SOLE   2,326 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103   3,580,879 132,087 SH   SOLE   132,087 0 0
ISHARES MSCI SWEDEN ETF ETP 464286756   781,684 18,007 SH   SOLE   18,007 0 0
ISHARES MSCI GERMANY ETF ETP 464286806   787,491 23,271 SH   SOLE   23,271 0 0
ISHARES MSCI ITALY ETF ETP 46434G830   761,512 19,546 SH   SOLE   19,546 0 0
ISHARES MSCI SWITZERLAND ETF ETP 464286749   748,573 14,368 SH   SOLE   14,368 0 0
ISHARES MSCI MALAYSIA ETF ETP 46434G814   891,514 32,958 SH   SOLE   32,958 0 0
ISHARES MSCI NETHERLANDS ETF ETP 464286814   760,408 14,951 SH   SOLE   14,951 0 0
ISHARES MSCI AUSTRIA ETF ETP 464286202   744,186 32,604 SH   SOLE   32,604 0 0
ISHARES MSCI SPAIN ETF ETP 464286764   790,708 22,406 SH   SOLE   22,406 0 0
ISHARES MSCI FRANCE ETF ETP 464286707   769,256 19,041 SH   SOLE   19,041 0 0
ISHARES MSCI TAIWAN ETF ETP 46434G772   855,402 15,879 SH   SOLE   15,879 0 0
ISHARES MSCI UNITED KINGDOM ETP 46435G334   756,879 20,232 SH   SOLE   20,232 0 0
ISHARES MSCI SOUTH KOREA ETF ETP 464286772   436,975 6,832 SH   SOLE   6,832 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780   916,826 18,191 SH   SOLE   18,191 0 0
FORD MOTOR CO Common Stock 345370860   812,603 76,951 SH   SOLE   76,951 0 0
ISHARES FALLEN ANGELS ETF ETP 46435G474   1,800,530 65,857 SH   SOLE   65,857 0 0
DIAMONDBACK ENERGY INC Common Stock 25278X109   805,280 4,671 SH   SOLE   4,671 0 0
FIRST CITIZENS BCSHS -CL A Common Stock 31946M103   579,899 315 SH   SOLE   315 0 0
COMFORT SYSTEMS USA INC Common Stock 199908104   672,963 1,724 SH   SOLE   1,724 0 0
SPDR BLOOMBERG INVESTMENT GR ETP 78468R200   744,380 24,129 SH   SOLE   24,129 0 0
TECHNIPFMC PLC Common Stock G87110105   1,143,943 43,612 SH   SOLE   43,612 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184   1,026,049 32,286 SH   SOLE   32,286 0 0
ISHARES US&INTL HIGH YIELD C ETP 464286178   1,808,034 39,495 SH   SOLE   39,495 0 0
GENERAL MOTORS CO Common Stock 37045V100   863,529 19,258 SH   SOLE   19,258 0 0
GLOBAL X MSCI GREECE ETF ETP 37954Y319   880,990 20,398 SH   SOLE   20,398 0 0
GXO LOGISTICS INC Common Stock 36262G101   381,517 7,327 SH   SOLE   7,327 0 0
HCA HEALTHCARE INC Common Stock 40412C101   1,273,345 3,133 SH   SOLE   3,133 0 0
HARTFORD FINANCIAL SVCS GRP Common Stock 416515104   4,519,870 38,431 SH   SOLE   38,431 0 0
HUBSPOT INC Common Stock 443573100   214,766 404 SH   SOLE   404 0 0
HOWMET AEROSPACE INC Common Stock 443201108   313,081 3,123 SH   SOLE   3,123 0 0
FLEXSHARES HIGH YIELD VALUE ETP 33939L662   1,805,303 43,329 SH   SOLE   43,329 0 0
ISHARES 7-10 YEAR TREASURY B ETP 464287440   2,689,567 27,411 SH   SOLE   27,411 0 0
ISHARES 3-7 YEAR TREASURY BO ETP 464288661   2,680,587 22,412 SH   SOLE   22,412 0 0
ISHARES 1-5Y INV GRADE CORP ETP 464288646   747,614 14,197 SH   SOLE   14,197 0 0
ISHARES MSCI INDIA ETF ETP 46429B598   866,244 14,800 SH   SOLE   14,800 0 0
SPDR BLOOMBERG HIGH YIELD BO ETP 78468R622   1,804,714 18,455 SH   SOLE   18,455 0 0
JPMORGAN CHASE & CO Common Stock 46625H100   3,162,689 14,999 SH   SOLE   14,999 0 0
KINROSS GOLD CORP Common Stock 496902404   1,681,655 179,664 SH   SOLE   179,664 0 0
KKR & CO INC Common Stock 48251W104   616,338 4,720 SH   SOLE   4,720 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306   2,891,700 85,000 SH   SOLE   85,000 0 0
LOEWS CORP Common Stock 540424108   3,468,635 43,879 SH   SOLE   43,879 0 0
LENNAR CORP-A Common Stock 526057104   1,073,136 5,724 SH   SOLE   5,724 0 0
ISHARES IBOXX INVESTMENT GRA ETP 464287242   754,819 6,681 SH   SOLE   6,681 0 0
MCKESSON CORP Common Stock 58155Q103   1,187,102 2,401 SH   SOLE   2,401 0 0
MERCADOLIBRE INC Common Stock 58733R102   293,430 143 SH   SOLE   143 0 0
METLIFE INC Common Stock 59156R108   1,042,712 12,642 SH   SOLE   12,642 0 0
MGM RESORTS INTERNATIONAL Common Stock 552953101   407,161 10,416 SH   SOLE   10,416 0 0
MICRON TECHNOLOGY INC Common Stock 595112103   725,970 7,000 SH   SOLE   7,000 0 0
ISHARES NATIONAL MUNI BOND E ETP 464288414   748,895 6,894 SH   SOLE   6,894 0 0
NORWEGIAN CRUISE LINE HOLDIN Common Stock G66721104   452,348 22,055 SH   SOLE   22,055 0 0
ANNALY CAPITAL MANAGEMENT IN REIT 035710839   5,258,340 262,000 SH   SOLE   262,000 0 0
NU HOLDINGS LTD/CAYMAN ISL-A Common Stock G6683N103   477,750 35,000 SH   SOLE   35,000 0 0
NVIDIA CORP Common Stock 67066G104   817,777 6,734 SH   SOLE   6,734 0 0
INVESCO S&P 500 BUYWRITE ETF ETP 46137V399   2,566,211 112,356 SH   SOLE   112,356 0 0
PACCAR INC Common Stock 693718108   2,370,392 24,021 SH   SOLE   24,021 0 0
ISHARES PREFERRED & INCOME S ETP 464288687   2,751,444 82,800 SH   SOLE   82,800 0 0
PROGRESSIVE CORP Common Stock 743315103   632,624 2,493 SH   SOLE   2,493 0 0
PULTEGROUP INC Common Stock 745867101   2,337,960 16,289 SH   SOLE   16,289 0 0
PERMIAN RESOURCES CORP Common Stock 71424F105   1,397,761 102,701 SH   SOLE   102,701 0 0
PRUDENTIAL FINANCIAL INC Common Stock 744320102   556,576 4,596 SH   SOLE   4,596 0 0
INVESCO QQQ TRUST SERIES 1 ETP 46090E103   26,005,834 53,283 SH   SOLE   53,283 0 0
INVESCO NASDAQ 100 ETF ETP 46138G649   2,040,234 10,158 SH   SOLE   10,158 0 0
ROYAL CARIBBEAN CRUISES LTD Common Stock V7780T103   1,254,467 7,073 SH   SOLE   7,073 0 0
ISHARES MORTGAGE REAL ESTATE ETP 46435G342   2,685,287 113,160 SH   SOLE   113,160 0 0
REINSURANCE GROUP OF AMERICA Common Stock 759351604   564,719 2,592 SH   SOLE   2,592 0 0
RHEINMETALL AG-UNSP ADR ADR 76206K107   768,007 7,100 SH   SOLE   7,100 0 0
ROPER TECHNOLOGIES INC Common Stock 776696106   1,462,324 2,628 SH   SOLE   2,628 0 0
REPUBLIC SERVICES INC Common Stock 760759100   3,280,119 16,332 SH   SOLE   16,332 0 0
SCHWAB U.S. TIPS ETF ETP 808524870   375,866 14,017 SH   SOLE   14,017 0 0
ISHARES 1-3 YEAR TREASURY BO ETP 464287457   2,672,108 32,136 SH   SOLE   32,136 0 0
ISHARES 0-5 YR HY CORP BOND ETP 46434V407   1,802,451 41,512 SH   SOLE   41,512 0 0
SUPER MICRO COMPUTER INC Common Stock 86800U302   14,116 339 SH   SOLE   339 0 0
SNOWFLAKE INC-CLASS A Common Stock 833445109   129,562 1,128 SH   SOLE   1,128 0 0
SOFI TECHNOLOGIES INC Common Stock 83406F102   919,620 117,000 SH   SOLE   117,000 0 0
SIMPLIFY VOLATILITY PREMIUM ETP 82889N863   1,824,876 83,100 SH   SOLE   83,100 0 0
SYNCHRONY FINANCIAL Common Stock 87165B103   2,777,518 55,684 SH   SOLE   55,684 0 0
TENET HEALTHCARE CORP Common Stock 88033G407   1,626,267 9,785 SH   SOLE   9,785 0 0
ISHARES MSCI THAILAND ETF ETP 464286624   961,537 13,879 SH   SOLE   13,879 0 0
THALES SA - UNSP ADR ADR 883219206   721,848 22,800 SH   SOLE   22,800 0 0
TJX COMPANIES INC Common Stock 872540109   1,547,061 13,162 SH   SOLE   13,162 0 0
T-MOBILE US INC Common Stock 872590104   1,621,783 7,859 SH   SOLE   7,859 0 0
TARGA RESOURCES CORP Common Stock 87612G101   1,108,595 7,490 SH   SOLE   7,490 0 0
UNITED AIRLINES HOLDINGS INC Common Stock 910047109   2,652,776 46,491 SH   SOLE   46,491 0 0
UNIVERSAL HEALTH SERVICES-B Common Stock 913903100   1,074,057 4,690 SH   SOLE   4,690 0 0
UNITED RENTALS INC Common Stock 911363109   1,320,670 1,631 SH   SOLE   1,631 0 0
VISA INC-CLASS A SHARES Common Stock 92826C839   1,521,298 5,533 SH   SOLE   5,533 0 0
VANGUARD REAL ESTATE ETF ETP 922908553   1,374,791 14,112 SH   SOLE   14,112 0 0
VANGUARD GLBL EX-US REAL EST ETP 922042676   1,402,609 29,900 SH   SOLE   29,900 0 0
VERTIV HOLDINGS CO-A Common Stock 92537N108   936,300 9,411 SH   SOLE   9,411 0 0
VANGUARD HIGH DVD YIELD ETF ETP 921946406   2,560,154 19,970 SH   SOLE   19,970 0 0
WARNER BROS DISCOVERY INC Common Stock 934423104   302,198 36,630 SH   SOLE   36,630 0 0
WELLS FARGO & CO Common Stock 949746101   1,004,505 17,782 SH   SOLE   17,782 0 0
SPDR FTSE INTERNATIONAL GOVE ETP 78464A490   753,342 18,698 SH   SOLE   18,698 0 0
WR BERKLEY CORP Common Stock 084423102   935,875 16,497 SH   SOLE   16,497 0 0
WOODWARD INC Common Stock 980745103   246,803 1,439 SH   SOLE   1,439 0 0
UTILITIES SELECT SECTOR SPDR ETP 81369Y886   730,494 9,043 SH   SOLE   9,043 0 0
ZSCALER INC Common Stock 98980G102   173,162 1,013 SH   SOLE   1,013 0 0
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102   21,224,000 200,000 SH   SOLE   200,000 0 0
JD.COM INC-ADR ADR 47215P106   8,000,000 200,000 SH   SOLE   200,000 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306   44,226,000 1,300,000 SH   SOLE   1,300,000 0 0