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   2,629,943 28,478 SH   SOLE   28,478 0 0
AGNC INVESTMENT CORP Common Stock 00123Q104   4,810,383 522,300 SH   SOLE   522,300 0 0
AMERICAN INTERNATIONAL GROUP Common Stock 026874784   804,440 11,050 SH   SOLE   11,050 0 0
ASSURANT INC Common Stock 04621X108   1,997,871 9,370 SH   SOLE   9,370 0 0
ARTHUR J GALLAGHER & CO Common Stock 363576109   1,585,018 5,584 SH   SOLE   5,584 0 0
ALLSTATE CORP Common Stock 020002101   515,906 2,676 SH   SOLE   2,676 0 0
ARISTA NETWORKS INC Common Stock 040413205   347,948 3,148 SH   SOLE   3,148 0 0
AMPHENOL CORP-CL A Common Stock 032095101   1,431,642 20,614 SH   SOLE   20,614 0 0
APPLOVIN CORP-CLASS A Common Stock 03831W108   1,795,314 5,544 SH   SOLE   5,544 0 0
BROADCOM INC Common Stock 11135F101   341,732 1,474 SH   SOLE   1,474 0 0
JPMORGAN BETABUILDERS JAPAN ETP 46641Q217   1,180,684 21,510 SH   SOLE   21,510 0 0
BANK OF NEW YORK MELLON CORP Common Stock 064058100   1,217,679 15,849 SH   SOLE   15,849 0 0
INVESCO SENIOR LOAN ETF ETP 46138G508   2,770,284 131,480 SH   SOLE   131,480 0 0
BROADRIDGE FINANCIAL SOLUTIO Common Stock 11133T103   1,608,856 7,116 SH   SOLE   7,116 0 0
BROWN & BROWN INC Common Stock 115236101   1,516,323 14,863 SH   SOLE   14,863 0 0
BURLINGTON STORES INC Common Stock 122017106   533,347 1,871 SH   SOLE   1,871 0 0
CARDINAL HEALTH INC Common Stock 14149Y108   443,986 3,754 SH   SOLE   3,754 0 0
CHUBB LTD Common Stock H1467J104   862,056 3,120 SH   SOLE   3,120 0 0
CBOE GLOBAL MARKETS INC Common Stock 12503M108   1,476,247 7,555 SH   SOLE   7,555 0 0
CARNIVAL CORP Common Stock 143658300   1,150,133 46,153 SH   SOLE   46,153 0 0
CELANESE CORP Common Stock 150870103   372,557 5,383 SH   SOLE   5,383 0 0
CHARTER COMMUNICATIONS INC-A Common Stock 16119P108   706,106 2,060 SH   SOLE   2,060 0 0
CIENA CORP Common Stock 171779309   763,290 9,000 SH   SOLE   9,000 0 0
COMCAST CORP-CLASS A Common Stock 20030N101   693,629 18,482 SH   SOLE   18,482 0 0
CME GROUP INC Common Stock 12572Q105   1,561,050 6,722 SH   SOLE   6,722 0 0
COHERENT CORP Common Stock 19247G107   615,745 6,500 SH   SOLE   6,500 0 0
COSTCO WHOLESALE CORP Common Stock 22160K105   3,510,230 3,831 SH   SOLE   3,831 0 0
COPART INC Common Stock 217204106   1,618,972 28,210 SH   SOLE   28,210 0 0
CROWDSTRIKE HOLDINGS INC - A Common Stock 22788C105   190,925 558 SH   SOLE   558 0 0
CINTAS CORP Common Stock 172908105   1,437,301 7,867 SH   SOLE   7,867 0 0
SPDR BLOOMBERG CONVERTIBLE S ETP 78464A359   2,640,627 33,902 SH   SOLE   33,902 0 0
DELTA AIR LINES INC Common Stock 247361702   3,208,739 53,037 SH   SOLE   53,037 0 0
DOORDASH INC - A Common Stock 25809K105   305,808 1,823 SH   SOLE   1,823 0 0
DATADOG INC - CLASS A Common Stock 23804L103   215,907 1,511 SH   SOLE   1,511 0 0
DRAFTKINGS INC-CL A Common Stock 26142V105   807,128 21,697 SH   SOLE   21,697 0 0
DUOLINGO Common Stock 26603R106   358,598 1,106 SH   SOLE   1,106 0 0
DAVITA INC Common Stock 23918K108   1,915,736 12,810 SH   SOLE   12,810 0 0
SPDR S&P INTER DVD ETF ETP 78463X772   1,082,536 30,965 SH   SOLE   30,965 0 0
EVEREST GROUP LTD Common Stock G3223R108   1,898,203 5,237 SH   SOLE   5,237 0 0
ISHARES JP MORGAN USD EMERGI ETP 464288281   2,569,071 28,853 SH   SOLE   28,853 0 0
EMCOR GROUP INC Common Stock 29084Q100   519,716 1,145 SH   SOLE   1,145 0 0
ISHARES J.P. MORGAN EM HIGH ETP 464286285   2,595,097 68,328 SH   SOLE   68,328 0 0
ISHARES MSCI PERU AND GLOBAL ETP 464289842   849,242 21,439 SH   SOLE   21,439 0 0
ELASTIC NV Common Stock N14506104   190,135 1,919 SH   SOLE   1,919 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103   1,117,674 46,843 SH   SOLE   46,843 0 0
ISHARES MSCI GERMANY ETF ETP 464286806   780,417 24,526 SH   SOLE   24,526 0 0
ISHARES MSCI ITALY ETF ETP 46434G830   491,170 13,655 SH   SOLE   13,655 0 0
ISHARES MSCI MALAYSIA ETF ETP 46434G814   901,453 36,749 SH   SOLE   36,749 0 0
ISHARES MSCI AUSTRIA ETF ETP 464286202   112,348 5,358 SH   SOLE   5,358 0 0
ISHARES MSCI SPAIN ETF ETP 464286764   266,564 8,585 SH   SOLE   8,585 0 0
ISHARES MSCI TAIWAN ETF ETP 46434G772   891,048 17,215 SH   SOLE   17,215 0 0
ISHARES MSCI UNITED KINGDOM ETP 46435G334   334,525 9,868 SH   SOLE   9,868 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780   821,059 19,591 SH   SOLE   19,591 0 0
FORD MOTOR CO Common Stock 345370860   726,304 73,364 SH   SOLE   73,364 0 0
ISHARES FALLEN ANGELS ETF ETP 46435G474   1,816,894 68,023 SH   SOLE   68,023 0 0
DIAMONDBACK ENERGY INC Common Stock 25278X109   714,299 4,360 SH   SOLE   4,360 0 0
FIRST CITIZENS BCSHS -CL A Common Stock 31946M103   549,385 260 SH   SOLE   260 0 0
COMFORT SYSTEMS USA INC Common Stock 199908104   603,437 1,423 SH   SOLE   1,423 0 0
SPDR BLOOMBERG INVESTMENT GR ETP 78468R200   770,493 25,073 SH   SOLE   25,073 0 0
TECHNIPFMC PLC Common Stock G87110105   1,043,374 36,053 SH   SOLE   36,053 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184   905,468 29,746 SH   SOLE   29,746 0 0
ISHARES US&INTL HIGH YIELD C ETP 464286178   1,821,131 41,328 SH   SOLE   41,328 0 0
GENERAL MOTORS CO Common Stock 37045V100   968,289 18,177 SH   SOLE   18,177 0 0
GLOBAL X MSCI GREECE ETF ETP 37954Y319   216,952 5,593 SH   SOLE   5,593 0 0
GXO LOGISTICS INC Common Stock 36262G101   262,958 6,045 SH   SOLE   6,045 0 0
HCA HEALTHCARE INC Common Stock 40412C101   886,043 2,952 SH   SOLE   2,952 0 0
HARTFORD FINANCIAL SVCS GRP Common Stock 416515104   3,919,693 35,829 SH   SOLE   35,829 0 0
HUBSPOT INC Common Stock 443573100   232,024 333 SH   SOLE   333 0 0
HOWMET AEROSPACE INC Common Stock 443201108   282,065 2,579 SH   SOLE   2,579 0 0
FLEXSHARES HIGH YIELD VALUE ETP 33939L662   1,826,085 44,889 SH   SOLE   44,889 0 0
ISHARES 7-10 YEAR TREASURY B ETP 464287440   2,145,857 23,211 SH   SOLE   23,211 0 0
ISHARES 3-7 YEAR TREASURY BO ETP 464288661   9,154,333 79,224 SH   SOLE   79,224 0 0
ISHARES 1-5Y INV GRADE CORP ETP 464288646   765,315 14,803 SH   SOLE   14,803 0 0
ISHARES MSCI INDIA ETF ETP 46429B598   448,177 8,514 SH   SOLE   8,514 0 0
ISHARES RUSSELL 1000 VALUE E ETP 464287598   1,982,742 10,710 SH   SOLE   10,710 0 0
SPDR BLOOMBERG HIGH YIELD BO ETP 78468R622   1,823,382 19,099 SH   SOLE   19,099 0 0
JPMORGAN CHASE & CO Common Stock 46625H100   3,340,838 13,937 SH   SOLE   13,937 0 0
KINROSS GOLD CORP Common Stock 496902404   1,378,514 148,707 SH   SOLE   148,707 0 0
KKR & CO INC Common Stock 48251W104   576,701 3,899 SH   SOLE   3,899 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306   2,570,196 87,900 SH   SOLE   87,900 0 0
LOEWS CORP Common Stock 540424108   3,515,143 41,506 SH   SOLE   41,506 0 0
LENNAR CORP-A Common Stock 526057104   707,496 5,399 SH   SOLE   5,399 0 0
ISHARES IBOXX INVESTMENT GRA ETP 464287242   746,064 6,983 SH   SOLE   6,983 0 0
MCKESSON CORP Common Stock 58155Q103   1,299,965 2,281 SH   SOLE   2,281 0 0
MERCADOLIBRE INC Common Stock 58733R102   200,652 118 SH   SOLE   118 0 0
METLIFE INC Common Stock 59156R108   980,677 11,977 SH   SOLE   11,977 0 0
MGM RESORTS INTERNATIONAL Common Stock 552953101   297,817 8,595 SH   SOLE   8,595 0 0
MARVELL TECHNOLOGY INC Common Stock 573874104   773,150 7,000 SH   SOLE   7,000 0 0
MICRON TECHNOLOGY INC Common Stock 595112103   589,120 7,000 SH   SOLE   7,000 0 0
ISHARES NATIONAL MUNI BOND E ETP 464288414   756,398 7,099 SH   SOLE   7,099 0 0
NORWEGIAN CRUISE LINE HOLDIN Common Stock G66721104   468,286 18,200 SH   SOLE   18,200 0 0
ANNALY CAPITAL MANAGEMENT IN Common Stock 035710839   4,794,600 262,000 SH   SOLE   262,000 0 0
NU HOLDINGS LTD/CAYMAN ISL-A Common Stock G6683N103   362,600 35,000 SH   SOLE   35,000 0 0
NVIDIA CORP Common Stock 67066G104   746,384 5,558 SH   SOLE   5,558 0 0
INVESCO S&P 500 BUYWRITE ETF ETP 46137V399   2,687,145 114,007 SH   SOLE   114,007 0 0
PACCAR INC Common Stock 693718108   2,314,445 22,250 SH   SOLE   22,250 0 0
ISHARES PREFERRED & INCOME S ETP 464288687   2,660,641 84,626 SH   SOLE   84,626 0 0
PROGRESSIVE CORP Common Stock 743315103   493,117 2,058 SH   SOLE   2,058 0 0
PULTEGROUP INC Common Stock 745867101   1,672,704 15,360 SH   SOLE   15,360 0 0
PERMIAN RESOURCES CORP Common Stock 71424F105   1,230,914 85,599 SH   SOLE   85,599 0 0
PRUDENTIAL FINANCIAL INC Common Stock 744320102   454,088 3,831 SH   SOLE   3,831 0 0
ROYAL CARIBBEAN CRUISES LTD Common Stock V7780T103   1,349,306 5,849 SH   SOLE   5,849 0 0
ISHARES MORTGAGE REAL ESTATE ETP 46435G342   1,415,163 66,284 SH   SOLE   66,284 0 0
REINSURANCE GROUP OF AMERICA Common Stock 759351604   458,450 2,146 SH   SOLE   2,146 0 0
ROPER TECHNOLOGIES INC Common Stock 776696106   1,298,585 2,498 SH   SOLE   2,498 0 0
INVESCO S&P 500 PURE VALUE E ETP 46137V258   24,694,536 273,745 SH   SOLE   273,745 0 0
REPUBLIC SERVICES INC Common Stock 760759100   3,129,355 15,555 SH   SOLE   15,555 0 0
SCHWAB U.S. TIPS ETF ETP 808524870   754,908 29,226 SH   SOLE   29,226 0 0
ISHARES 1-3 YEAR TREASURY BO ETP 464287457   16,282,130 198,611 SH   SOLE   198,611 0 0
ISHARES 0-5 YR HY CORP BOND ETP 46434V407   1,831,591 42,985 SH   SOLE   42,985 0 0
SUPER MICRO COMPUTER INC Common Stock 86800U302   85,435 2,803 SH   SOLE   2,803 0 0
SNOWFLAKE INC-CLASS A Common Stock 833445109   143,910 932 SH   SOLE   932 0 0
SIMPLIFY VOLATILITY PREMIUM ETP 82889N863   1,793,429 86,264 SH   SOLE   86,264 0 0
SYNCHRONY FINANCIAL Common Stock 87165B103   3,328,390 51,206 SH   SOLE   51,206 0 0
TENET HEALTHCARE CORP Common Stock 88033G407   1,019,307 8,075 SH   SOLE   8,075 0 0
ISHARES MSCI THAILAND ETF ETP 464286624   695,846 11,513 SH   SOLE   11,513 0 0
TJX COMPANIES INC Common Stock 872540109   1,514,474 12,536 SH   SOLE   12,536 0 0
ALPHA TEKNOVA INC Common Stock 02080L102   75,150 9,000 SH   SOLE   9,000 0 0
T-MOBILE US INC Common Stock 872590104   1,653,268 7,490 SH   SOLE   7,490 0 0
TARGA RESOURCES CORP Common Stock 87612G101   1,263,423 7,078 SH   SOLE   7,078 0 0
UNITED AIRLINES HOLDINGS INC Common Stock 910047109   4,132,576 42,560 SH   SOLE   42,560 0 0
UNIVERSAL HEALTH SERVICES-B Common Stock 913903100   792,139 4,415 SH   SOLE   4,415 0 0
UNITED RENTALS INC Common Stock 911363109   1,084,838 1,540 SH   SOLE   1,540 0 0
VISA INC-CLASS A SHARES Common Stock 92826C839   1,663,951 5,265 SH   SOLE   5,265 0 0
VANGUARD REAL ESTATE ETF ETP 922908553   1,263,600 14,185 SH   SOLE   14,185 0 0
VERTIV HOLDINGS CO-A Common Stock 92537N108   882,636 7,769 SH   SOLE   7,769 0 0
VANGUARD HIGH DVD YIELD ETF ETP 921946406   2,506,761 19,647 SH   SOLE   19,647 0 0
WARNER BROS DISCOVERY INC Common Stock 934423104   319,510 30,228 SH   SOLE   30,228 0 0
WELLS FARGO & CO Common Stock 949746101   1,181,788 16,825 SH   SOLE   16,825 0 0
WR BERKLEY CORP Common Stock 084423102   917,769 15,683 SH   SOLE   15,683 0 0
WOODWARD INC Common Stock 980745103   197,873 1,189 SH   SOLE   1,189 0 0
UTILITIES SELECT SECTOR SPDR ETP 81369Y886   606,731 8,016 SH   SOLE   8,016 0 0
ZSCALER INC Common Stock 98980G102   150,823 836 SH   SOLE   836 0 0
XTRACKERS HARVEST CSI 300 CH ETP 233051879   18,529,000 700,000 SH   SOLE   700,000 0 0
JD.COM INC-ADR ADR 47215P106   13,868,000 400,000 SH   SOLE   400,000 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306   16,093,696 550,400 SH   SOLE   550,400 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306   25,427,104 869,600 SH   SOLE   869,600 0 0