# EDGAR Filing Document

**Accession Number:** 0001455915
**File Stem:** 0001455915-25-000004
**Filing Date:** 2025-8
**Character Count:** 111481
**Document Hash:** 34c76567683cf0939eff066adaac4116
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001455915-25-000004.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001455915-25-000004

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OLD MISSION CAPITAL LLC
- **CENTRAL INDEX KEY:** 0001455915

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** IL

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16387
- **FILM NUMBER:** 251214764

**BUSINESS ADDRESS:**
- **STREET 1:** 1 N. DEARBORN ST.
- **STREET 2:** 8TH FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602
- **BUSINESS PHONE:** 312-260-3052

**MAIL ADDRESS:**
- **STREET 1:** 1 N. DEARBORN ST.
- **STREET 2:** 8TH FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** OLD MISSION CAPITAL LLC<br>**Address:** 1 N. DEARBORN ST.<br>8TH FLOOR<br>CHICAGO, IL 60602

**Form 13F File Number:** 028-16387

**CRD Number (if applicable):** 000146991

**SEC File Number (if applicable):** 8-67867

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Patrick Nichols<br>**Title:** Manager<br>**Phone:** 212-389-9455

**Signature, Place, and Date of Signing:**

Patrick Nichols  New York, NY  08-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 1040

**Form 13F Information Table Value Total:** $5998523894

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| IN ED PR ETF - 2YR TO A 2026 | ETP | 45783Y335 |  | 527795 | 19358 | SH |  | DFND |  | 19358 | 0 | 0 |
| ABACUS FCF LEADERS ETF | ETP | 89628W302 |  | 331369 | 4683 | SH |  | DFND |  | 4683 | 0 | 0 |
| ISHARES MSCI GLOBAL MIN VOL | ETP | 464286525 |  | 1475247 | 12442 | SH |  | DFND |  | 12442 | 0 | 0 |
| ALLIANZIM US EQ BUFFER100 | ETP | 00888H448 |  | 0 | 200000 | SH |  | DFND |  | 200000 | 0 | 0 |
| INNOVATOR EQ DEF PROT 2YJ26 | ETP | 45783Y418 |  | 1328000 | 49167 | SH |  | DFND |  | 49167 | 0 | 0 |
| INNOV PREM INC 30 BARR-APRIL | ETP | 45783Y616 |  | 721118 | 29284 | SH |  | DFND |  | 29284 | 0 | 0 |
| FT VEST US EQ MAX BUF APR | ETP | 33740U372 |  | 435433 | 14385 | SH |  | DFND |  | 14385 | 0 | 0 |
| TRADR 2X LONG ACHR DAILY ETF | ETP | 46092D780 |  | 201557 | 9340 | SH |  | DFND |  | 9340 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP APR | ETP | 00888H612 |  | 715791 | 25674 | SH |  | DFND |  | 25674 | 0 | 0 |
| FT VEST US EQ MAX BUF AUG | ETP | 33740U562 |  | 496139 | 15094 | SH |  | DFND |  | 15094 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N825 |  | 315657 | 10997 | SH |  | DFND |  | 10997 | 0 | 0 |
| TRUESHARES STRUC OUT AUG ETF | ETP | 53656F722 |  | 628895 | 15534 | SH |  | DFND |  | 15534 | 0 | 0 |
| AMPLIFY BITCOIN MAX INC ETF | ETP | 032108466 |  | 325201 | 5858 | SH |  | DFND |  | 5858 | 0 | 0 |
| BROOKSTONE GROWTH STOCK ETF | ETP | 66537J606 |  | 553124 | 15246 | SH |  | DFND |  | 15246 | 0 | 0 |
| BROOKSTONE VALUE STOCK ETF | ETP | 66537J705 |  | 481324 | 15136 | SH |  | DFND |  | 15136 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C698 |  | 2070955 | 45001 | SH |  | DFND |  | 45001 | 0 | 0 |
| JPMORGAN BETABUILDERS EM EQT | ETP | 46654Q807 |  | 13968129 | 240126 | SH |  | DFND |  | 240126 | 0 | 0 |
| JPMORGAN BETABUILDERS EUROPE | ETP | 46641Q191 |  | 1340834 | 19876 | SH |  | DFND |  | 19876 | 0 | 0 |
| JPMORGAN BETABUILDERS USD HI | ETP | 46641Q878 |  | 2442816 | 52376 | SH |  | DFND |  | 52376 | 0 | 0 |
| JPM BETABUILDERS INTL EQTY | ETP | 46641Q373 |  | 1173622 | 17387 | SH |  | DFND |  | 17387 | 0 | 0 |
| JPMORGAN BETABUILDERS JAPAN | ETP | 46641Q217 |  | 13967654 | 226087 | SH |  | DFND |  | 226087 | 0 | 0 |
| GLOBAL X BITCOIN CC ETF | ETP | 37960A347 |  | 441339 | 17470 | SH |  | DFND |  | 17470 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C433 |  | 285581 | 6396 | SH |  | DFND |  | 6396 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C409 |  | 794954 | 15828 | SH |  | DFND |  | 15828 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C789 |  | 899287 | 19081 | SH |  | DFND |  | 19081 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C326 |  | 1875072 | 44433 | SH |  | DFND |  | 44433 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C581 |  | 1861265 | 45117 | SH |  | DFND |  | 45117 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C771 |  | 1827226 | 40203 | SH |  | DFND |  | 40203 | 0 | 0 |
| ALPHA ARCHITECT AGG BOND ETF | ETP | 02072Q408 |  | 404853 | 3923 | SH |  | DFND |  | 3923 | 0 | 0 |
| ALPHA ARCHITECT 1-3 MNTH BOX | ETP | 02072L565 |  | 512130 | 4545 | SH |  | DFND |  | 4545 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C664 |  | 1010508 | 22374 | SH |  | DFND |  | 22374 | 0 | 0 |
| NEOS BITCOIN HIGH INCOME ETF | ETP | 78433H642 |  | 2274390 | 38097 | SH |  | DFND |  | 38097 | 0 | 0 |
| INNOVATOR LADD ALLO BUFF ETF | ETP | 45783Y756 |  | 315355 | 9308 | SH |  | DFND |  | 9308 | 0 | 0 |
| FT VST LAD DEEP BUF ETF-USDI | ETP | 33740U703 |  | 605328 | 22791 | SH |  | DFND |  | 22791 | 0 | 0 |
| INNOVATOR LADDERED ALLOCATIO | ETP | 45783Y814 |  | 592341 | 12603 | SH |  | DFND |  | 12603 | 0 | 0 |
| FT VEST BUFFERED ALLOCATION | ETP | 33740U778 |  | 496548 | 19442 | SH |  | DFND |  | 19442 | 0 | 0 |
| FT VEST LADDERED MAXBUF ETF | ETP | 33744U105 |  | 407251 | 20206 | SH |  | DFND |  | 20206 | 0 | 0 |
| PGIM LADDERED S 500 BUFFER | ETP | 69420N718 |  | 475550 | 16962 | SH |  | DFND |  | 16962 | 0 | 0 |
| FT VEST LAD BUFFERVETF-USD I | ETP | 33740F755 |  | 213759 | 6722 | SH |  | DFND |  | 6722 | 0 | 0 |
| FT VEST BUFFERED ALLOCATION | ETP | 33740U760 |  | 786523 | 33384 | SH |  | DFND |  | 33384 | 0 | 0 |
| FTVEST LDDRDINTLMOD BUFF ETF | ETP | 33740F169 |  | 296609 | 14064 | SH |  | DFND |  | 14064 | 0 | 0 |
| FT VEST LADDERED MODERATE BU | ETP | 33740U729 |  | 1119406 | 44902 | SH |  | DFND |  | 44902 | 0 | 0 |
| MAIN BUYWRITE ETF | ETP | 66538H179 |  | 262070 | 18666 | SH |  | DFND |  | 18666 | 0 | 0 |
| CALMS BTC S ALT PR ETF - JAN | ETP | 12811T688 |  | 1082417 | 42315 | SH |  | DFND |  | 42315 | 0 | 0 |
| CAL BICN 80 S S AL PRT ETF-A | ETP | 12811T654 |  | 367366 | 11980 | SH |  | DFND |  | 11980 | 0 | 0 |
| CALAMOS BITCOIN 80 P ETF JAN | ETP | 12811T720 |  | 1254181 | 46360 | SH |  | DFND |  | 46360 | 0 | 0 |
| CALAMOS BC 90 SS AP ETF -APL | ETP | 12811T662 |  | 440035 | 15425 | SH |  | DFND |  | 15425 | 0 | 0 |
| CALAMOS BITCOIN 90 P ETF JAN | ETP | 12811T712 |  | 813939 | 30725 | SH |  | DFND |  | 30725 | 0 | 0 |
| 21SHARES CORE ETHEREUM ETF | ETP | 04071F102 |  | 170660 | 13566 | SH |  | DFND |  | 13566 | 0 | 0 |
| ISHARES MSCI CHINA A ETF | ETP | 46434V514 |  | 3090717 | 107653 | SH |  | DFND |  | 107653 | 0 | 0 |
| ROUNDHILL COIN WEEKLYPAY ETF | ETP | 77926X767 |  | 1639155 | 30530 | SH |  | DFND |  | 30530 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740U802 |  | 926252 | 24565 | SH |  | DFND |  | 24565 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F854 |  | 1643362 | 39447 | SH |  | DFND |  | 39447 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740U406 |  | 755296 | 18086 | SH |  | DFND |  | 18086 | 0 | 0 |
| INVTR EQ D DI 15 B ETF - JUL | ETP | 45784N536 |  | 0 | 50000 | SH |  | DFND |  | 50000 | 0 | 0 |
| FT VEST US EQ MAX BUF DEC | ETP | 33740U497 |  | 578007 | 18332 | SH |  | DFND |  | 18332 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F771 |  | 1476215 | 33066 | SH |  | DFND |  | 33066 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL CO | ETP | 25434V799 |  | 11931067 | 383759 | SH |  | DFND |  | 383759 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL SM | ETP | 25434V773 |  | 1594082 | 53421 | SH |  | DFND |  | 53421 | 0 | 0 |
| FT US EQTY Q 2.5-15 BUFF ETF | ETP | 33740U547 |  | 540720 | 16969 | SH |  | DFND |  | 16969 | 0 | 0 |
| DAVIS SELECT INTERNATIONAL | ETP | 23908L405 |  | 411096 | 15897 | SH |  | DFND |  | 15897 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL SM | ETP | 25434V781 |  | 1884229 | 57254 | SH |  | DFND |  | 57254 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F631 |  | 824877 | 20450 | SH |  | DFND |  | 20450 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F698 |  | 1977103 | 44507 | SH |  | DFND |  | 44507 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F615 |  | 802360 | 20277 | SH |  | DFND |  | 20277 | 0 | 0 |
| ISHARES LG CAP MAX BUFF DEC | ETP | 46438G471 |  | 497013 | 19264 | SH |  | DFND |  | 19264 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F730 |  | 441071 | 10303 | SH |  | DFND |  | 10303 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F839 |  | 1571571 | 35167 | SH |  | DFND |  | 35167 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F672 |  | 711013 | 17313 | SH |  | DFND |  | 17313 | 0 | 0 |
| FT VEST DJIA DOGS 10 TARGET | ETP | 33738D846 |  | 533182 | 26811 | SH |  | DFND |  | 26811 | 0 | 0 |
| APTUS DEFINED RISK ETF | ETP | 26922A388 |  | 802679 | 27929 | SH |  | DFND |  | 27929 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F680 |  | 1070934 | 25258 | SH |  | DFND |  | 25258 | 0 | 0 |
| APTUS LG CAP ENH YIELD ETF | ETP | 26922B535 |  | 269217 | 7965 | SH |  | DFND |  | 7965 | 0 | 0 |
| INNOVATOR US EQTY 5TO15 BUFF | ETP | 45783Y475 |  | 1519400 | 46636 | SH |  | DFND |  | 46636 | 0 | 0 |
| ISHARES MSCI CHILE ETF | ETP | 464286640 |  | 1732423 | 55085 | SH |  | DFND |  | 55085 | 0 | 0 |
| ISHARES MSCI DENMARK ETF | ETP | 46429B523 |  | 826248 | 7265 | SH |  | DFND |  | 7265 | 0 | 0 |
| ISHARES MSCI EAFE MIN VOL FA | ETP | 46429B689 |  | 1188272 | 14136 | SH |  | DFND |  | 14136 | 0 | 0 |
| ISHARES MSCI EAFE GROWTH ETF | ETP | 464288885 |  | 3927952 | 35071 | SH |  | DFND |  | 35071 | 0 | 0 |
| PROSHARES MSCI EMERGING MARK | ETP | 74347B847 |  | 1259091 | 27563 | SH |  | DFND |  | 27563 | 0 | 0 |
| ISHARES EMERGING MARKETS EQU | ETP | 46434G889 |  | 2808187 | 53931 | SH |  | DFND |  | 53931 | 0 | 0 |
| SPDR DL EM FX IN ETF | ETP | 78470P309 |  | 3066241 | 71024 | SH |  | DFND |  | 71024 | 0 | 0 |
| CAMBRIA EMERG SHRHLDR YIELD | ETP | 132061706 |  | 1502519 | 41598 | SH |  | DFND |  | 41598 | 0 | 0 |
| ISHARES MSCI EUROZONE ETF | ETP | 464286608 |  | 3865260 | 65017 | SH |  | DFND |  | 65017 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740U885 |  | 435569 | 10324 | SH |  | DFND |  | 10324 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740F862 |  | 415137 | 8467 | SH |  | DFND |  | 8467 | 0 | 0 |
| FIDELITY DYNAMIC BUFF EQTY | ETP | 31624J737 |  | 916914 | 32649 | SH |  | DFND |  | 32649 | 0 | 0 |
| FIDELITY EMERG MARKETS MULTI | ETP | 316092543 |  | 1603295 | 57281 | SH |  | DFND |  | 57281 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740F763 |  | 520806 | 9937 | SH |  | DFND |  | 9937 | 0 | 0 |
| FIDELITY HEDGED EQUITY ETF | ETP | 31624J745 |  | 766467 | 26595 | SH |  | DFND |  | 26595 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740F623 |  | 252157 | 5303 | SH |  | DFND |  | 5303 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740U208 |  | 666559 | 12883 | SH |  | DFND |  | 12883 | 0 | 0 |
| FRANKLIN U.S. LARGE CAP MULT | ETP | 35473P801 |  | 285925 | 4527 | SH |  | DFND |  | 4527 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740U307 |  | 862088 | 17957 | SH |  | DFND |  | 17957 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U679 |  | 638606 | 18165 | SH |  | DFND |  | 18165 | 0 | 0 |
| GADSDEN DYNAMIC MULTI-ASSET | ETP | 02072L870 |  | 278135 | 7999 | SH |  | DFND |  | 7999 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U737 |  | 1384067 | 35498 | SH |  | DFND |  | 35498 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F516 |  | 989260 | 24751 | SH |  | DFND |  | 24751 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U661 |  | 1318052 | 34067 | SH |  | DFND |  | 34067 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F433 |  | 439957 | 11701 | SH |  | DFND |  | 11701 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F482 |  | 975775 | 25052 | SH |  | DFND |  | 25052 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U687 |  | 1272909 | 34897 | SH |  | DFND |  | 34897 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U695 |  | 493120 | 13489 | SH |  | DFND |  | 13489 | 0 | 0 |
| UNUSUAL WHALES SUB REPUB ETF | ETP | 886364181 |  | 260605 | 7752 | SH |  | DFND |  | 7752 | 0 | 0 |
| GOLDMAN SACHS MARKETBETA EME | ETP | 381430164 |  | 3362469 | 66604 | SH |  | DFND |  | 66604 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U711 |  | 639664 | 17444 | SH |  | DFND |  | 17444 | 0 | 0 |
| ISHARES CRNCY HEDGD MSCI EM | ETP | 46434G509 |  | 486726 | 16173 | SH |  | DFND |  | 16173 | 0 | 0 |
| ISHA CURR HEDGED MSCI EAFE | ETP | 46434V803 |  | 817468 | 21535 | SH |  | DFND |  | 21535 | 0 | 0 |
| INNOV PRM INC 9BUFF ETF OCT | ETP | 45783Y467 |  | 736988 | 30901 | SH |  | DFND |  | 30901 | 0 | 0 |
| VANECK BITCOIN ETF | ETP | 92189K105 |  | 1538125 | 50480 | SH |  | DFND |  | 50480 | 0 | 0 |
| VANECK HIGH YIELD MUNI ETF | ETP | 92189H409 |  | 1636092 | 32585 | SH |  | DFND |  | 32585 | 0 | 0 |
| ISHARES IBONDS 2025 H/Y INC | ETP | 46435U168 |  | 206713 | 8889 | SH |  | DFND |  | 8889 | 0 | 0 |
| ISHARES IBOND 2026 HY  INC | ETP | 46436E528 |  | 8682398 | 373758 | SH |  | DFND |  | 373758 | 0 | 0 |
| ISHARES IBONDS 2027 HY INC | ETP | 46436E478 |  | 384307 | 17050 | SH |  | DFND |  | 17050 | 0 | 0 |
| ISHARES IBONDS 2028 TM HY IN | ETP | 46436E387 |  | 300967 | 12683 | SH |  | DFND |  | 12683 | 0 | 0 |
| INVESCO AAA CLO F/R NOTE ETF | ETP | 46090A721 |  | 1272632 | 49790 | SH |  | DFND |  | 49790 | 0 | 0 |
| ISHARES ULTRA SHORT DURATION | ETP | 46434V878 |  | 544980 | 10747 | SH |  | DFND |  | 10747 | 0 | 0 |
| APTUS INTERNATIONAL ENHANCED | ETP | 26922B709 |  | 779411 | 35014 | SH |  | DFND |  | 35014 | 0 | 0 |
| ISHARES INTERNATIONAL SELECT | ETP | 464288448 |  | 7586540 | 219836 | SH |  | DFND |  | 219836 | 0 | 0 |
| ISHARES U.S. TECH INDEPENDEN | ETP | 46431W648 |  | 300706 | 3199 | SH |  | DFND |  | 3199 | 0 | 0 |
| FT VEST GOLD STRATEGY TARGET | ETP | 33733E856 |  | 1372158 | 63204 | SH |  | DFND |  | 63204 | 0 | 0 |
| ISHARES EXPANDED TECH-SOFTWA | ETP | 464287515 |  | 311965 | 2849 | SH |  | DFND |  | 2849 | 0 | 0 |
| PROSHARES S HIGH INCOM ETF | ETP | 74347G242 |  | 1693805 | 39920 | SH |  | DFND |  | 39920 | 0 | 0 |
| VANECK INTERMEDIATE MUNI ETF | ETP | 92189H201 |  | 1411252 | 31037 | SH |  | DFND |  | 31037 | 0 | 0 |
| ISHARES S 500 BUYWRITE ETF | ETP | 46438G711 |  | 524244 | 11405 | SH |  | DFND |  | 11405 | 0 | 0 |
| ISHARES RUSSELL 2000 BUYWRIT | ETP | 46438G695 |  | 624800 | 15769 | SH |  | DFND |  | 15769 | 0 | 0 |
| INNOVATOR EDP ETF - 6M JA/JY | ETP | 45783Y244 |  | 715546 | 25401 | SH |  | DFND |  | 25401 | 0 | 0 |
| INNOV PREM INC 20 BARR - JAN | ETP | 45783Y657 |  | 627416 | 25453 | SH |  | DFND |  | 25453 | 0 | 0 |
| INNOV PREM INC 30 BARR - JAN | ETP | 45783Y376 |  | 270701 | 10984 | SH |  | DFND |  | 10984 | 0 | 0 |
| FT VEST US EQ MAX BUF JAN | ETP | 33740U455 |  | 385869 | 12159 | SH |  | DFND |  | 12159 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP JAN | ETP | 00888H513 |  | 224878 | 8639 | SH |  | DFND |  | 8639 | 0 | 0 |
| JANUS HENDERSON B-BBB CLO ET | ETP | 47103U753 |  | 728453 | 15110 | SH |  | DFND |  | 15110 | 0 | 0 |
| JPMORGAN CORE PLUS BOND ETF | ETP | 46641Q670 |  | 4214740 | 89561 | SH |  | DFND |  | 89561 | 0 | 0 |
| JPMORGAN ACTIVEBUILDERS EMER | ETP | 46641Q266 |  | 43223792 | 1004037 | SH |  | DFND |  | 1004037 | 0 | 0 |
| JPM ULTRA-SHORT MUNI INCOME | ETP | 46641Q654 |  | 656715 | 12897 | SH |  | DFND |  | 12897 | 0 | 0 |
| JPMORGAN MUNICIPAL ETF | ETP | 46641Q647 |  | 3738239 | 75307 | SH |  | DFND |  | 75307 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP JUN | ETP | 00888H588 |  | 220113 | 7846 | SH |  | DFND |  | 7846 | 0 | 0 |
| JPMORGAN LTD DURATION ETF | ETP | 46654Q773 |  | 3184201 | 60965 | SH |  | DFND |  | 60965 | 0 | 0 |
| APTUS ENHANCED YIELD ETF | ETP | 26922B642 |  | 299326 | 13465 | SH |  | DFND |  | 13465 | 0 | 0 |
| INNOV PREM INC 20 BARR-JULY | ETP | 45783Y582 |  | 444978 | 17921 | SH |  | DFND |  | 17921 | 0 | 0 |
| INNOV PREM INC 30 BARR-JULY | ETP | 45783Y566 |  | 925029 | 37262 | SH |  | DFND |  | 37262 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N841 |  | 366920 | 12733 | SH |  | DFND |  | 12733 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N866 |  | 470995 | 16393 | SH |  | DFND |  | 16393 | 0 | 0 |
| INNOVATOR U.S. SMALL CAP POW | ETP | 45782C342 |  | 630871 | 19480 | SH |  | DFND |  | 19480 | 0 | 0 |
| INV US SML CAP PB ETF - AUG | ETP | 45783Y137 |  | 236900 | 9533 | SH |  | DFND |  | 9533 | 0 | 0 |
| INN US SML CAP P B ETF - DEC | ETP | 45784N833 |  | 530029 | 22057 | SH |  | DFND |  | 22057 | 0 | 0 |
| INOV US SML CAP P BU ETF - F | ETP | 45784N783 |  | 800266 | 32124 | SH |  | DFND |  | 32124 | 0 | 0 |
| KENSINGTON HEDGED PRM IN ETF | ETP | 56167N183 |  | 777284 | 30747 | SH |  | DFND |  | 30747 | 0 | 0 |
| INNOVATOR U.S. SMALL CAP POW | ETP | 45782C474 |  | 606313 | 16177 | SH |  | DFND |  | 16177 | 0 | 0 |
| INNOVATOR US SC PB ETF - MAY | ETP | 45784N668 |  | 840432 | 32021 | SH |  | DFND |  | 32021 | 0 | 0 |
| FT VEST S 500 DVD ARST TRG | ETP | 33739Q705 |  | 1096599 | 22334 | SH |  | DFND |  | 22334 | 0 | 0 |
| INN US SML CP POW B ETF - NO | ETP | 45784N866 |  | 432434 | 16975 | SH |  | DFND |  | 16975 | 0 | 0 |
| INNOVATOR U.S. SMALL CAP POW | ETP | 45782C599 |  | 782904 | 25669 | SH |  | DFND |  | 25669 | 0 | 0 |
| INV US SML CAP P B ETF - SEP | ETP | 45784N304 |  | 437339 | 17102 | SH |  | DFND |  | 17102 | 0 | 0 |
| INNOV PR INC 15 B ETF - APR | ETP | 45783Y319 |  | 476462 | 18975 | SH |  | DFND |  | 18975 | 0 | 0 |
| INNOV PRM INC 15BUFF ETF OCT | ETP | 45783Y434 |  | 201577 | 8459 | SH |  | DFND |  | 8459 | 0 | 0 |
| ISHARES INGR CORP BD B/W ETF | ETP | 46436E288 |  | 775884 | 30403 | SH |  | DFND |  | 30403 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP MAR | ETP | 00888H489 |  | 276099 | 10727 | SH |  | DFND |  | 10727 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N882 |  | 451990 | 15442 | SH |  | DFND |  | 15442 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP MAY | ETP | 00888H596 |  | 446888 | 15437 | SH |  | DFND |  | 15437 | 0 | 0 |
| SPDR NUVEEN MUNI BOND ESG | ETP | 78470P853 |  | 239520 | 8329 | SH |  | DFND |  | 8329 | 0 | 0 |
| MORGAN DEMPSEY LC VALUE ETF | ETP | 02072L482 |  | 208512 | 7731 | SH |  | DFND |  | 7731 | 0 | 0 |
| VANECK MRNGSTR WD MOAT G ETF | ETP | 92189H680 |  | 484942 | 15539 | SH |  | DFND |  | 15539 | 0 | 0 |
| ISHARES LARG CM BUFF MAR ETF | ETP | 46438G455 |  | 286336 | 11148 | SH |  | DFND |  | 11148 | 0 | 0 |
| KURV YLD PREM STR MSFT ETF | ETP | 500948708 |  | 388821 | 14565 | SH |  | DFND |  | 14565 | 0 | 0 |
| REX MSTR GROWTH  INCOME ETF | ETP | 761562206 |  | 1007324 | 38953 | SH |  | DFND |  | 38953 | 0 | 0 |
| LHA MARKET STATE TACTICAL Q | ETP | 26922B733 |  | 746219 | 20647 | SH |  | DFND |  | 20647 | 0 | 0 |
| ISHARES MSCI USA MOMENTUM FA | ETP | 46432F396 |  | 235753 | 981 | SH |  | DFND |  | 981 | 0 | 0 |
| UNUSUAL SUBVERSIVE DT ETF | ETP | 886364199 |  | 1166900 | 27843 | SH |  | DFND |  | 27843 | 0 | 0 |
| INNOVATOR GROWTH 100 POWER B | ETP | 45782C334 |  | 763925 | 14976 | SH |  | DFND |  | 14976 | 0 | 0 |
| INNOV G-100 POWR BF ETF -AUG | ETP | 45783Y129 |  | 363547 | 13203 | SH |  | DFND |  | 13203 | 0 | 0 |
| IN GRO-100 PWR BUF ETF - DEC | ETP | 45784N841 |  | 355481 | 13761 | SH |  | DFND |  | 13761 | 0 | 0 |
| ISHARES SH DBA ETF USD INC | ETP | 46431W507 |  | 1104782 | 21620 | SH |  | DFND |  | 21620 | 0 | 0 |
| INNOV GRW-100 POR BU ETF - F | ETP | 45784N791 |  | 410451 | 15817 | SH |  | DFND |  | 15817 | 0 | 0 |
| KURV YLD PREM STR NFLX ETF | ETP | 500948807 |  | 522576 | 12309 | SH |  | DFND |  | 12309 | 0 | 0 |
| INNOVATOR GROWTH 100 POWER B | ETP | 45782C466 |  | 1858566 | 36622 | SH |  | DFND |  | 36622 | 0 | 0 |
| INNOVATOR GRW-100 PB ETF MAR | ETP | 45784N767 |  | 582429 | 21086 | SH |  | DFND |  | 21086 | 0 | 0 |
| INNOVATOR GRW-100 PB ETF MAY | ETP | 45784N676 |  | 521244 | 19777 | SH |  | DFND |  | 19777 | 0 | 0 |
| INNOVATOR GROWTH-100 POWER B | ETP | 45782C615 |  | 1229642 | 22563 | SH |  | DFND |  | 22563 | 0 | 0 |
| FT VEST US EQ MAX BUF NOV | ETP | 33740U521 |  | 290316 | 9234 | SH |  | DFND |  | 9234 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N734 |  | 370974 | 13010 | SH |  | DFND |  | 13010 | 0 | 0 |
| INNOVATOR G100 PB ETF-SEP | ETP | 45784N205 |  | 611457 | 22385 | SH |  | DFND |  | 22385 | 0 | 0 |
| NUVEEN ESG EMERGING MARKETS | ETP | 67092P888 |  | 1249559 | 37626 | SH |  | DFND |  | 37626 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP NOV | ETP | 00888H539 |  | 275821 | 10379 | SH |  | DFND |  | 10379 | 0 | 0 |
| INNVTR PR INC20 BAR ETF-OCT | ETP | 45783Y525 |  | 586168 | 24494 | SH |  | DFND |  | 24494 | 0 | 0 |
| INN PREM INCOME 30 BARR OCT | ETP | 45783Y491 |  | 721147 | 30171 | SH |  | DFND |  | 30171 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N742 |  | 296165 | 10521 | SH |  | DFND |  | 10521 | 0 | 0 |
| INN PREM INCOME 40 BARR OCT | ETP | 45783Y483 |  | 494905 | 20716 | SH |  | DFND |  | 20716 | 0 | 0 |
| INVESCO RUSSELL 1000 DYN M/F | ETP | 46138J619 |  | 243889 | 4221 | SH |  | DFND |  | 4221 | 0 | 0 |
| OVERLAY SHRS HDG LRG CAP EQY | ETP | 53656F581 |  | 893913 | 24245 | SH |  | DFND |  | 24245 | 0 | 0 |
| OVERLAY SHARES MUNICIPAL BON | ETP | 53656F854 |  | 474953 | 22520 | SH |  | DFND |  | 22520 | 0 | 0 |
| OVERLAY SHARES SHRT TERM BON | ETP | 53656F573 |  | 668946 | 30065 | SH |  | DFND |  | 30065 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C870 |  | 1126456 | 30208 | SH |  | DFND |  | 30208 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C680 |  | 4824693 | 119246 | SH |  | DFND |  | 119246 | 0 | 0 |
| GLOBAL X US INFRASTRUCTURE | ETP | 37954Y673 |  | 714145 | 16387 | SH |  | DFND |  | 16387 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N809 |  | 353739 | 12755 | SH |  | DFND |  | 12755 | 0 | 0 |
| PGIM LA S 500 BUF20 ETF-US | ETP | 69420N692 |  | 235188 | 8509 | SH |  | DFND |  | 8509 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N874 |  | 451002 | 15683 | SH |  | DFND |  | 15683 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N767 |  | 444273 | 15887 | SH |  | DFND |  | 15887 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N775 |  | 305390 | 11044 | SH |  | DFND |  | 11044 | 0 | 0 |
| INVESCO S 500 BUYWRITE ETF | ETP | 46137V399 |  | 374636 | 17138 | SH |  | DFND |  | 17138 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C540 |  | 1057144 | 26422 | SH |  | DFND |  | 26422 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C417 |  | 19469292 | 512215 | SH |  | DFND |  | 512215 | 0 | 0 |
| ISHARES MSCI GLOBAL METALS | ETP | 46434G848 |  | 1169096 | 31093 | SH |  | DFND |  | 31093 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C748 |  | 3958664 | 99564 | SH |  | DFND |  | 99564 | 0 | 0 |
| PGIM S 500 M BU ETF - APR | ETP | 69420N650 |  | 387883 | 15151 | SH |  | DFND |  | 15151 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C383 |  | 2692669 | 63762 | SH |  | DFND |  | 63762 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C318 |  | 1501136 | 39725 | SH |  | DFND |  | 39725 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C573 |  | 1988606 | 50319 | SH |  | DFND |  | 50319 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C797 |  | 2533218 | 61337 | SH |  | DFND |  | 61337 | 0 | 0 |
| PACER SWAN SOS CONS OCT ETF | ETP | 69374H527 |  | 259698 | 9376 | SH |  | DFND |  | 9376 | 0 | 0 |
| PACER SWAN SOS CONSERV APR | ETP | 69374H543 |  | 288887 | 10885 | SH |  | DFND |  | 10885 | 0 | 0 |
| PACER SWAN SOS CONSERVATIVE | ETP | 69374H584 |  | 466916 | 16158 | SH |  | DFND |  | 16158 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C656 |  | 1295272 | 31677 | SH |  | DFND |  | 31677 | 0 | 0 |
| PACER SWAN SOS FUND OF FUNDS | ETP | 69374H568 |  | 360426 | 11825 | SH |  | DFND |  | 11825 | 0 | 0 |
| PACER SWAN SOS FLEX JULY ETF | ETP | 69374H469 |  | 228504 | 7363 | SH |  | DFND |  | 7363 | 0 | 0 |
| PACER SWAN SOS FLEX APRIL | ETP | 69374H477 |  | 395777 | 13105 | SH |  | DFND |  | 13105 | 0 | 0 |
| PACER SWAN SOS FLEX OCT ETF | ETP | 69374H451 |  | 1045413 | 34681 | SH |  | DFND |  | 34681 | 0 | 0 |
| PACER SWAN SOS MODERATE JANU | ETP | 69374H550 |  | 1415768 | 46532 | SH |  | DFND |  | 46532 | 0 | 0 |
| PACER SWAN SOS MODERATE JULY | ETP | 69374H493 |  | 668191 | 22031 | SH |  | DFND |  | 22031 | 0 | 0 |
| PACER SWAN SOS MODERATE APR | ETP | 69374H519 |  | 303575 | 10678 | SH |  | DFND |  | 10678 | 0 | 0 |
| PACER TRENDPILOT US LARGE CA | ETP | 69374H105 |  | 213953 | 4215 | SH |  | DFND |  | 4215 | 0 | 0 |
| PACER TRENDPILOT US MID CAP | ETP | 69374H204 |  | 255356 | 7321 | SH |  | DFND |  | 7321 | 0 | 0 |
| TRUESHARES QUARTLY B HDG ETF | ETP | 210322509 |  | 503638 | 20415 | SH |  | DFND |  | 20415 | 0 | 0 |
| INNOVATOR UC BC 20 ETF  QRTL | ETP | 45784N692 |  | 362981 | 13918 | SH |  | DFND |  | 13918 | 0 | 0 |
| ALLIANZIM US EQ BUFFER15 | ETP | 00888H430 |  | 0 | 200000 | SH |  | DFND |  | 200000 | 0 | 0 |
| TRADR 2X LONG QBTS DAILY ETF | ETP | 46092D202 |  | 874735 | 12681 | SH |  | DFND |  | 12681 | 0 | 0 |
| TRUESHARE QRT BULL HDGE ETF | ETP | 210322400 |  | 274548 | 10792 | SH |  | DFND |  | 10792 | 0 | 0 |
| FT NSDQ100CONSBUFFETF - APR | ETP | 33740F284 |  | 892086 | 39179 | SH |  | DFND |  | 39179 | 0 | 0 |
| FT NDQ100 CNS BUFF ETF - JAN | ETP | 33740U448 |  | 876390 | 42462 | SH |  | DFND |  | 42462 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740F649 |  | 751544 | 25615 | SH |  | DFND |  | 25615 | 0 | 0 |
| ROUNDHILL INNOVATION-100 0DT | ETP | 77926X304 |  | 3325853 | 93686 | SH |  | DFND |  | 93686 | 0 | 0 |
| INVESCO GALAXY ETH ETF | ETP | 46148D107 |  | 284421 | 11309 | SH |  | DFND |  | 11309 | 0 | 0 |
| FT NDQ100 MOD BUFF ETF - AUG | ETP | 33740F193 |  | 518501 | 23324 | SH |  | DFND |  | 23324 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740F581 |  | 728048 | 23493 | SH |  | DFND |  | 23493 | 0 | 0 |
| FT NDQ100 MOD BUFF ETF - NOV | ETP | 33740U513 |  | 872354 | 40765 | SH |  | DFND |  | 40765 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740U836 |  | 368778 | 12467 | SH |  | DFND |  | 12467 | 0 | 0 |
| INNOVATOR GRW 100 ACCL PLUS | ETP | 45783Y509 |  | 205740 | 4896 | SH |  | DFND |  | 4896 | 0 | 0 |
| INNOVATOR GROWTH ACC PLUS-J | ETP | 45783Y798 |  | 945220 | 34667 | SH |  | DFND |  | 34667 | 0 | 0 |
| INN GROWTH ACCEL PLUS JULY | ETP | 45783Y871 |  | 354164 | 9897 | SH |  | DFND |  | 9897 | 0 | 0 |
| INVV US SML C 10 B ETF-QRT | ETP | 45783Y228 |  | 501418 | 18320 | SH |  | DFND |  | 18320 | 0 | 0 |
| FT VEST RISING DIVIDEND ACHI | ETP | 33738D879 |  | 766182 | 31007 | SH |  | DFND |  | 31007 | 0 | 0 |
| STERLING CAPITAL ENH CB ETF | ETP | 14064D444 |  | 340632 | 13478 | SH |  | DFND |  | 13478 | 0 | 0 |
| FT VEST SMID RISING DIVIDEND | ETP | 33738D820 |  | 1359833 | 66301 | SH |  | DFND |  | 66301 | 0 | 0 |
| MAIN SECTOR ROTATION ETF | ETP | 66538H591 |  | 1020580 | 17575 | SH |  | DFND |  | 17575 | 0 | 0 |
| FT VEST US EQ MAX BUF SEP | ETP | 33740U554 |  | 919456 | 29865 | SH |  | DFND |  | 29865 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N791 |  | 401649 | 14214 | SH |  | DFND |  | 14214 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP SEP | ETP | 00888H554 |  | 710253 | 26573 | SH |  | DFND |  | 26573 | 0 | 0 |
| FT VEST US SC MB ETF-USD INC | ETP | 33740F292 |  | 780440 | 36552 | SH |  | DFND |  | 36552 | 0 | 0 |
| VANECK SH HI YLD MUNI | ETP | 92189F387 |  | 307100 | 13595 | SH |  | DFND |  | 13595 | 0 | 0 |
| ISHARES MSCI GLOBAL SILVER A | ETP | 464286327 |  | 623011 | 34981 | SH |  | DFND |  | 34981 | 0 | 0 |
| ISHARES L CAP MB SEP ETF | ETP | 46438G588 |  | 919238 | 35301 | SH |  | DFND |  | 35301 | 0 | 0 |
| ISHARES MSCI INDIA SMALL-CAP | ETP | 46429B614 |  | 3873123 | 50183 | SH |  | DFND |  | 50183 | 0 | 0 |
| ISHARES RUSSELL 2500 ETF | ETP | 46435G268 |  | 338561 | 4995 | SH |  | DFND |  | 4995 | 0 | 0 |
| FT VEST US SMALL CAP MODERAT | ETP | 33740F342 |  | 697943 | 30214 | SH |  | DFND |  | 30214 | 0 | 0 |
| SPDR SSGA US EQ PREM INC ETF | ETP | 78470P838 |  | 590574 | 19858 | SH |  | DFND |  | 19858 | 0 | 0 |
| NEOS S 500 HDG EQ INC ETF | ETP | 78433H568 |  | 715275 | 13633 | SH |  | DFND |  | 13633 | 0 | 0 |
| CAMBRIA TAIL RISK ETF | ETP | 132061862 |  | 920640 | 76784 | SH |  | DFND |  | 76784 | 0 | 0 |
| INNOVATOR 20 YR T BOND 9 BUF | ETP | 45782C235 |  | 669389 | 33503 | SH |  | DFND |  | 33503 | 0 | 0 |
| FT VEST EM BUFF ETF DEC | ETP | 33740U471 |  | 576873 | 26161 | SH |  | DFND |  | 26161 | 0 | 0 |
| PROSHARES S TECH DVD ARIST | ETP | 74347G606 |  | 397618 | 4779 | SH |  | DFND |  | 4779 | 0 | 0 |
| FT VEST TECHNOLOGY DIVIDEND | ETP | 33738D812 |  | 1958769 | 73143 | SH |  | DFND |  | 73143 | 0 | 0 |
| INV E D PRT ETF - 2Y T JAN27 | ETP | 45784N825 |  | 251136 | 9531 | SH |  | DFND |  | 9531 | 0 | 0 |
| INNOVATOR EQUITY DEFINED PRO | ETP | 45783Y541 |  | 1712706 | 59697 | SH |  | DFND |  | 59697 | 0 | 0 |
| FT VEST EMERGING MAR B JUN | ETP | 33740U349 |  | 513731 | 25012 | SH |  | DFND |  | 25012 | 0 | 0 |
| CAMBRIA CANNABIS ETF | ETP | 132061821 |  | 629210 | 140477 | SH |  | DFND |  | 140477 | 0 | 0 |
| FTVESTEMBUFFETFSEP | ETP | 33740F177 |  | 410925 | 18812 | SH |  | DFND |  | 18812 | 0 | 0 |
| REX TSLA GROWTH  INCOME ETF | ETP | 761562404 |  | 496695 | 21293 | SH |  | DFND |  | 21293 | 0 | 0 |
| SIMPLIFY INTERMEDIATE TERM | ETP | 82889N798 |  | 226092 | 16760 | SH |  | DFND |  | 16760 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C805 |  | 263076 | 8405 | SH |  | DFND |  | 8405 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C672 |  | 1734392 | 46345 | SH |  | DFND |  | 46345 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C532 |  | 776572 | 21311 | SH |  | DFND |  | 21311 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C425 |  | 692115 | 20172 | SH |  | DFND |  | 20172 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C300 |  | 583119 | 14415 | SH |  | DFND |  | 14415 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C375 |  | 2237719 | 59498 | SH |  | DFND |  | 59498 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C292 |  | 1342396 | 38619 | SH |  | DFND |  | 38619 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C565 |  | 1655658 | 45871 | SH |  | DFND |  | 45871 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C821 |  | 1080051 | 29364 | SH |  | DFND |  | 29364 | 0 | 0 |
| TRADR 2X LONG UPST DAILY ETF | ETP | 46092D772 |  | 266414 | 8695 | SH |  | DFND |  | 8695 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C649 |  | 590971 | 16035 | SH |  | DFND |  | 16035 | 0 | 0 |
| FT VEST US UNCAP ACC ETF APR | ETP | 33740U364 |  | 1245927 | 35577 | SH |  | DFND |  | 35577 | 0 | 0 |
| FT USEQ UNCPPDACCL ETF - JAN | ETP | 33740U430 |  | 1393007 | 45045 | SH |  | DFND |  | 45045 | 0 | 0 |
| VANGUARD ESG US CORP BOND | ETP | 921910691 |  | 318648 | 5026 | SH |  | DFND |  | 5026 | 0 | 0 |
| VANGUARD CORE TAX-EX BOND | ETP | 922907712 |  | 325252 | 4421 | SH |  | DFND |  | 4421 | 0 | 0 |
| VANGUARD US MULTIFACTOR ETF | ETP | 921935607 |  | 888087 | 6603 | SH |  | DFND |  | 6603 | 0 | 0 |
| VANGUARD US MOMENTUM FACTOR | ETP | 921935508 |  | 1414146 | 8197 | SH |  | DFND |  | 8197 | 0 | 0 |
| VANGUARD U.S. QUALITY FACTOR | ETP | 921935706 |  | 754243 | 5248 | SH |  | DFND |  | 5248 | 0 | 0 |
| ISHARES MSCI USA VALUE FACTO | ETP | 46432F388 |  | 367479 | 3246 | SH |  | DFND |  | 3246 | 0 | 0 |
| VANECK VIETNAM ETF | ETP | 92189F817 |  | 687445 | 49996 | SH |  | DFND |  | 49996 | 0 | 0 |
| VANGUARD INT TAX-EXEMPT BOND | ETP | 922907738 |  | 2243619 | 22764 | SH |  | DFND |  | 22764 | 0 | 0 |
| VANGUARD ULTRA SHORT BOND ET | ETP | 92203C303 |  | 258400 | 5182 | SH |  | DFND |  | 5182 | 0 | 0 |
| ROUNDHILL CANNABIS ETF | ETP | 53656F128 |  | 304375 | 30226 | SH |  | DFND |  | 30226 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F391 |  | 230402 | 6450 | SH |  | DFND |  | 6450 | 0 | 0 |
| INNOVATOR US EQY ACCEL 9 BUF | ETP | 45783Y301 |  | 1602782 | 43625 | SH |  | DFND |  | 43625 | 0 | 0 |
| INNOVATOR US EQ AC 9 BUFF-J | ETP | 45783Y780 |  | 1506246 | 49975 | SH |  | DFND |  | 49975 | 0 | 0 |
| INNOVATOR US EQY ACC 9 BUFF | ETP | 45783Y848 |  | 2442863 | 76699 | SH |  | DFND |  | 76699 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740U786 |  | 287504 | 7403 | SH |  | DFND |  | 7403 | 0 | 0 |
| INNOVATOR US EQUITY ACCEL OC | ETP | 45782C110 |  | 1076654 | 33277 | SH |  | DFND |  | 33277 | 0 | 0 |
| INNOVATOR GRW 100 ACCEL QTR | ETP | 45783Y608 |  | 1435673 | 41125 | SH |  | DFND |  | 41125 | 0 | 0 |
| INNOVATOR US EQY ACCL-QUART | ETP | 45783Y103 |  | 505676 | 13528 | SH |  | DFND |  | 13528 | 0 | 0 |
| ROUNDHI S 500 0DTE CCS ETF | ETP | 77926X205 |  | 2497565 | 56506 | SH |  | DFND |  | 56506 | 0 | 0 |
| FT VEST ENH MOD BUFF -  FEB | ETP | 33740U638 |  | 1049688 | 30946 | SH |  | DFND |  | 30946 | 0 | 0 |
| FT EQBUFF  - MARCH | ETP | 33740U620 |  | 212156 | 6798 | SH |  | DFND |  | 6798 | 0 | 0 |
| FT VEST US EQUITY BUFFER  P | ETP | 33740F375 |  | 544999 | 17905 | SH |  | DFND |  | 17905 | 0 | 0 |
| FT VEST ENH MOD BUFF - JAN | ETP | 33740F318 |  | 1652534 | 47321 | SH |  | DFND |  | 47321 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F425 |  | 1522742 | 40978 | SH |  | DFND |  | 40978 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F474 |  | 1493940 | 39013 | SH |  | DFND |  | 39013 | 0 | 0 |
| FT US EQ ENH BUFF - MAY | ETP | 33740F250 |  | 785744 | 23586 | SH |  | DFND |  | 23586 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F334 |  | 752214 | 21161 | SH |  | DFND |  | 21161 | 0 | 0 |
| FT VEST U.S. EQUITY ENHANCE | ETP | 33740U810 |  | 1013022 | 24946 | SH |  | DFND |  | 24946 | 0 | 0 |
| INNOVATOR US EQTY ACCEL PL | ETP | 45783Y400 |  | 1464573 | 38332 | SH |  | DFND |  | 38332 | 0 | 0 |
| INNOVATOR US EQ ACC PLUS - J | ETP | 45783Y772 |  | 730913 | 24848 | SH |  | DFND |  | 24848 | 0 | 0 |
| INN US EQ ACCEL PLUS JULY | ETP | 45783Y806 |  | 1596789 | 44446 | SH |  | DFND |  | 44446 | 0 | 0 |
| ACRUENCE ACTIVE HEDGE US ETF | ETP | 886364744 |  | 362415 | 16496 | SH |  | DFND |  | 16496 | 0 | 0 |
| ISHARES ESG SELECT SCREENED | ETP | 46436E569 |  | 234199 | 4911 | SH |  | DFND |  | 4911 | 0 | 0 |
| ROUNDHILL BITCOIN CC STR ETF | ETP | 77926X502 |  | 888305 | 19046 | SH |  | DFND |  | 19046 | 0 | 0 |
| FT VT INT EQU M B- MAR-US I | ETP | 33740F573 |  | 731754 | 28685 | SH |  | DFND |  | 28685 | 0 | 0 |
| INTR EQT DEF PRO ETF - 1 Y A | ETP | 45784N726 |  | 830908 | 33170 | SH |  | DFND |  | 33170 | 0 | 0 |
| INNOV EQ PROTECT ETF - 1 AUG | ETP | 45783Y111 |  | 1026413 | 39842 | SH |  | DFND |  | 39842 | 0 | 0 |
| INNO EQU DEF PRO ETF - 1 DE | ETP | 45784N858 |  | 779954 | 31783 | SH |  | DFND |  | 31783 | 0 | 0 |
| INOTR EQ DEF PR ETF - 1 YR F | ETP | 45784N775 |  | 1583066 | 64929 | SH |  | DFND |  | 64929 | 0 | 0 |
| INNOVATOR EDP ETF - 1Y JAN | ETP | 45784N817 |  | 223355 | 8484 | SH |  | DFND |  | 8484 | 0 | 0 |
| INOVATR E D PRCT ETF - 1 MAR | ETP | 45784N742 |  | 844396 | 31846 | SH |  | DFND |  | 31846 | 0 | 0 |
| INNOVATOR EDP ETF -1 YR MAY | ETP | 45784N650 |  | 568229 | 22982 | SH |  | DFND |  | 22982 | 0 | 0 |
| INR EQTY DEF P ETF - 1 Y OC | ETP | 45784N700 |  | 252867 | 9728 | SH |  | DFND |  | 9728 | 0 | 0 |
| INNOVATOR EDP ETF - 1 YR SEP | ETP | 45784N106 |  | 1184549 | 45762 | SH |  | DFND |  | 45762 | 0 | 0 |
| IPERIONX LTD - ADR | ADR | Q4789U120 |  | 929281 | 29501 | SH |  | DFND |  | 29501 | 0 | 0 |
| MOGO INC | Common Stock | 60800C208 |  | 16749 | 13293 | SH |  | DFND |  | 13293 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETP | 464288257 |  | 2867265 | 22296 | SH |  | DFND |  | 22296 | 0 | 0 |
| ISHARES MSCI ACWI EX US ETF | ETP | 464288240 |  | 1493395 | 24506 | SH |  | DFND |  | 24506 | 0 | 0 |
| WISDOMTREE TRUST WISDOMTREE | ETP | 97717W380 |  | 508889 | 22892 | SH |  | DFND |  | 22892 | 0 | 0 |
| ISHARES ASIA 50 ETF | ETP | 464288430 |  | 4699048 | 57970 | SH |  | DFND |  | 57970 | 0 | 0 |
| REX AI EQUITY PREM INC ETF | ETP | 26923N538 |  | 926352 | 21379 | SH |  | DFND |  | 21379 | 0 | 0 |
| GLOBAL X ART INTEL  TECH | ETP | 37954Y632 |  | 4907959 | 112336 | SH |  | DFND |  | 112336 | 0 | 0 |
| THEMES AIRLINES ETF | ETP | 882927106 |  | 727255 | 23161 | SH |  | DFND |  | 23161 | 0 | 0 |
| STKD 100 MSTR  100 COIN ETF | ETP | 88636R388 |  | 992084 | 31390 | SH |  | DFND |  | 31390 | 0 | 0 |
| TRADR 2X LONG APP DAILY ETF | ETP | 46092D103 |  | 371398 | 9582 | SH |  | DFND |  | 9582 | 0 | 0 |
| ISHARES LRG CP CR ACT ETF-UI | ETP | 09290C855 |  | 319570 | 8741 | SH |  | DFND |  | 8741 | 0 | 0 |
| VANGUARD TOTAL BOND MARKET | ETP | 921937835 |  | 8828973 | 119910 | SH |  | DFND |  | 119910 | 0 | 0 |
| INVESCO BULLETSHARES 2025 CB | ETP | 46138J825 |  | 938582 | 45386 | SH |  | DFND |  | 45386 | 0 | 0 |
| INVESCO BULLETSHARES 2025 HY | ETP | 46138J817 |  | 1500426 | 65038 | SH |  | DFND |  | 65038 | 0 | 0 |
| INVESCO BULLETSHARES 2026 HY | ETP | 46138J635 |  | 1298991 | 55679 | SH |  | DFND |  | 55679 | 0 | 0 |
| INVESCO BULLETSHARES 2030 HY | ETP | 46139W841 |  | 797307 | 30648 | SH |  | DFND |  | 30648 | 0 | 0 |
| INVESCO BULLETSHARES 2032 HY | ETP | 46139W775 |  | 1449170 | 56553 | SH |  | DFND |  | 56553 | 0 | 0 |
| INVESCO BULLETSHARES 2025 MB | ETP | 46138J528 |  | 220860 | 9000 | SH |  | DFND |  | 9000 | 0 | 0 |
| INVESCO BULLETSHARES 2029 MB | ETP | 46138J478 |  | 215903 | 9507 | SH |  | DFND |  | 9507 | 0 | 0 |
| AB CONSERVATIVE BUFFER ETF | ETP | 00039J806 |  | 762599 | 19321 | SH |  | DFND |  | 19321 | 0 | 0 |
| AB INTERNATIONAL BUFFER ETF | ETP | 00039J814 |  | 220925 | 5850 | SH |  | DFND |  | 5850 | 0 | 0 |
| ISHARE SH TR CF MN AV ETF-UI | ETP | 092528884 |  | 200286 | 3970 | SH |  | DFND |  | 3970 | 0 | 0 |
| CANAAN INC | ADR | 134748102 |  | 10689 | 17288 | SH |  | DFND |  | 17288 | 0 | 0 |
| ALPS CC NATURL RESOURCES ETF | ETP | 31761T886 |  | 17014932 | 652163 | SH |  | DFND |  | 652163 | 0 | 0 |
| VICTORYSHARES US EQ INCOME E | ETP | 92647N824 |  | 295232 | 4634 | SH |  | DFND |  | 4634 | 0 | 0 |
| FIRST TRUST NASDAQ CYBERSECU | ETP | 33734X846 |  | 549013 | 7264 | SH |  | DFND |  | 7264 | 0 | 0 |
| ISHARES AAA CLO ACT ETF-USDI | ETP | 092528504 |  | 420655 | 8102 | SH |  | DFND |  | 8102 | 0 | 0 |
| GLOBAL X CLOUD COMPUTING ETF | ETP | 37954Y442 |  | 1127585 | 48332 | SH |  | DFND |  | 48332 | 0 | 0 |
| SPROTT JR COPPER MINERS ETF | ETP | 85208P501 |  | 1322314 | 53928 | SH |  | DFND |  | 53928 | 0 | 0 |
| SPROTT COPPER MINERS ETF | ETP | 85208P881 |  | 736887 | 31831 | SH |  | DFND |  | 31831 | 0 | 0 |
| WISDOMTREE CHINA EX-ST OW | ETP | 97717X719 |  | 412541 | 11989 | SH |  | DFND |  | 11989 | 0 | 0 |
| VANECK DIGITAL TRANSFORMATIO | ETP | 92189H821 |  | 666303 | 40260 | SH |  | DFND |  | 40260 | 0 | 0 |
| WISDOMTREE EMERGING MARKETS | ETP | 97717W323 |  | 1241973 | 45048 | SH |  | DFND |  | 45048 | 0 | 0 |
| ISHARES SELECT DIVIDEND ETF | ETP | 464287168 |  | 627128 | 4722 | SH |  | DFND |  | 4722 | 0 | 0 |
| INVESCO DORSEY WRIGHT SMALLC | ETP | 46138E842 |  | 281820 | 3321 | SH |  | DFND |  | 3321 | 0 | 0 |
| ADVISORSHARES DORSEY WS ETF | ETP | 00768Y529 |  | 177346 | 23869 | SH |  | DFND |  | 23869 | 0 | 0 |
| PACER EMERGING MARKETS CASH | ETP | 69374H865 |  | 1027183 | 46521 | SH |  | DFND |  | 46521 | 0 | 0 |
| ISHARES MSCI EMERG MRKT ASIA | ETP | 464286426 |  | 1443634 | 17488 | SH |  | DFND |  | 17488 | 0 | 0 |
| NESTYIELD VISIONARY ETF | ETP | 45259A696 |  | 380574 | 8523 | SH |  | DFND |  | 8523 | 0 | 0 |
| ALPS ELECTRIFIC INFRAST ETF | ETP | 00162Q338 |  | 820576 | 25619 | SH |  | DFND |  | 25619 | 0 | 0 |
| ISHARES EMERGING MARKETS INF | ETP | 464288216 |  | 276407 | 11570 | SH |  | DFND |  | 11570 | 0 | 0 |
| ISHARES MSCI EMR MRK EX CHNA | ETP | 46434G764 |  | 527605669 | 8356124 | SH |  | DFND |  | 8356124 | 0 | 0 |
| ISHARES ESG ADV MSCI EM ETF | ETP | 46436E742 |  | 481486 | 11230 | SH |  | DFND |  | 11230 | 0 | 0 |
| ISHARES INC ISHARES ESG AWAR | ETP | 46434G863 |  | 19729968 | 503701 | SH |  | DFND |  | 503701 | 0 | 0 |
| ISHARES ETHEREUM TRUST ETF | ETP | 46438R105 |  | 826055 | 43317 | SH |  | DFND |  | 43317 | 0 | 0 |
| ISHARES MSCI EUROPE FINANCIA | ETP | 464289180 |  | 1058529 | 33466 | SH |  | DFND |  | 33466 | 0 | 0 |
| ISHARES MSCI JAPAN VALUE ETF | ETP | 46435U374 |  | 4509264 | 129763 | SH |  | DFND |  | 129763 | 0 | 0 |
| ISHARES FALLEN ANGELS ETF | ETP | 46435G474 |  | 3537264 | 130334 | SH |  | DFND |  | 130334 | 0 | 0 |
| FIRST TRUST CHINA | ETP | 33737J141 |  | 2573097 | 106679 | SH |  | DFND |  | 106679 | 0 | 0 |
| FIRST TRUST CALIFORNIA MUNIC | ETP | 33739P863 |  | 1595722 | 33265 | SH |  | DFND |  | 33265 | 0 | 0 |
| FIRST TRUST DOW JONES INTL | ETP | 33734X770 |  | 1226700 | 36452 | SH |  | DFND |  | 36452 | 0 | 0 |
| YIELDMAX DWF 5 INCOME ETF | ETP | 88636R669 |  | 574185 | 15369 | SH |  | DFND |  | 15369 | 0 | 0 |
| FIRST TRUST EMERGING MARKETS | ETP | 33737J182 |  | 3196115 | 130135 | SH |  | DFND |  | 130135 | 0 | 0 |
| FIRST TRUST EMERGING MARKETS | ETP | 33737J307 |  | 9617503 | 236826 | SH |  | DFND |  | 236826 | 0 | 0 |
| REX FANG INNOV PREM INC ETF | ETP | 26923N744 |  | 1532112 | 33658 | SH |  | DFND |  | 33658 | 0 | 0 |
| FIRST TRUST LARGE CAP CORE A | ETP | 33734K109 |  | 1752762 | 15940 | SH |  | DFND |  | 15940 | 0 | 0 |
| YIELDMAX DORSEY WH 5 INC ETF | ETP | 88636R651 |  | 657355 | 16207 | SH |  | DFND |  | 16207 | 0 | 0 |
| FIRST TRUST SMITH OPPORTUNIS | ETP | 33740F805 |  | 5982645 | 136310 | SH |  | DFND |  | 136310 | 0 | 0 |
| FIRST TRUST MANAGED MUNICIPA | ETP | 33739N108 |  | 1209231 | 24272 | SH |  | DFND |  | 24272 | 0 | 0 |
| FIRST TRUST MUNICIPAL HIGH I | ETP | 33739P301 |  | 682660 | 14618 | SH |  | DFND |  | 14618 | 0 | 0 |
| FIRST TRUST MID CAP CORE ALP | ETP | 33735B108 |  | 580337 | 5053 | SH |  | DFND |  | 5053 | 0 | 0 |
| FIRST TRUST MID CAP GROWTH | ETP | 33737M102 |  | 290683 | 3526 | SH |  | DFND |  | 3526 | 0 | 0 |
| FIRST TRUST SWITZERLAND | ETP | 33737J232 |  | 1444284 | 18882 | SH |  | DFND |  | 18882 | 0 | 0 |
| FTHI/FIRST TRUST EXCHANGE-TR | ETP | 33738R308 |  | 3044419 | 133235 | SH |  | DFND |  | 133235 | 0 | 0 |
| FIRST TRUST NASDAQ BUYWRITE | ETP | 33738R407 |  | 1636350 | 83658 | SH |  | DFND |  | 83658 | 0 | 0 |
| FIRST TRUST INDXX GLOBAL NAT | ETP | 33734X838 |  | 1120185 | 78720 | SH |  | DFND |  | 78720 | 0 | 0 |
| FIRST TRUST SENIOR LOAN ETF | ETP | 33738D309 |  | 4427283 | 96476 | SH |  | DFND |  | 96476 | 0 | 0 |
| FIRST TRUST ENH SHORT MAT FD | ETP | 33739Q408 |  | 609955 | 10188 | SH |  | DFND |  | 10188 | 0 | 0 |
| FUTU HOLDINGS LTD-ADR | ADR | 36118L106 |  | 515370 | 4170 | SH |  | DFND |  | 4170 | 0 | 0 |
| FIRST TRUST SMALL CAP CORE A | ETP | 33734Y109 |  | 536596 | 5516 | SH |  | DFND |  | 5516 | 0 | 0 |
| WISDOMTREE TARGET RANGE FUND | ETP | 97717Y675 |  | 230042 | 9401 | SH |  | DFND |  | 9401 | 0 | 0 |
| JPM HED LADDERED OVERLAY ETF | ETP | 46654Q625 |  | 1138731 | 21290 | SH |  | DFND |  | 21290 | 0 | 0 |
| GLOBAL X VIDEO GAMES ESPORT | ETP | 37954Y392 |  | 4912576 | 150094 | SH |  | DFND |  | 150094 | 0 | 0 |
| NASDAQ 7 HANDL INDEX ETF | ETP | 86280R506 |  | 1380435 | 63732 | SH |  | DFND |  | 63732 | 0 | 0 |
| FT TACTICAL HIGH YIELD ETF | ETP | 33738D408 |  | 5760539 | 137779 | SH |  | DFND |  | 137779 | 0 | 0 |
| WISDOMTREE INTEREST RATE HED | ETP | 97717W430 |  | 398072 | 17781 | SH |  | DFND |  | 17781 | 0 | 0 |
| ISHARES BIOTECHNOLOGY ETF | ETP | 464287556 |  | 210133 | 1661 | SH |  | DFND |  | 1661 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | ETP | 46438F101 |  | 65421125 | 1068798 | SH |  | DFND |  | 1068798 | 0 | 0 |
| ISHARES GLOBAL CLEAN ENERGY | ETP | 464288224 |  | 2160829 | 164823 | SH |  | DFND |  | 164823 | 0 | 0 |
| ISHARES 3-7 YEAR TREASURY BO | ETP | 464288661 |  | 2158744 | 18127 | SH |  | DFND |  | 18127 | 0 | 0 |
| ISHARES GLOBAL INFRASTRUCTUR | ETP | 464288372 |  | 5629209 | 95088 | SH |  | DFND |  | 95088 | 0 | 0 |
| WISDOMTREE INDIA HEDG EQ | ETP | 97717Y428 |  | 1167898 | 26507 | SH |  | DFND |  | 26507 | 0 | 0 |
| FIRST TRUST S-NETWORK E-COMM | ETP | 33738R829 |  | 733059 | 18535 | SH |  | DFND |  | 18535 | 0 | 0 |
| ISHARES CORE 1-5 YEAR USD BO | ETP | 46432F859 |  | 538214 | 11063 | SH |  | DFND |  | 11063 | 0 | 0 |
| ISHARES CORE TOTAL BOND ETF | ETP | 46434V613 |  | 542000 | 11724 | SH |  | DFND |  | 11724 | 0 | 0 |
| ISHARES CORE INTL STOCK ETF | ETP | 46432F834 |  | 1821578 | 23562 | SH |  | DFND |  | 23562 | 0 | 0 |
| JPM INTERNTL VALUE ETF | ETP | 46654Q757 |  | 7088402 | 102289 | SH |  | DFND |  | 102289 | 0 | 0 |
| INVESCO KBW PROPERTY  CASUA | ETP | 46138E586 |  | 449680 | 3661 | SH |  | DFND |  | 3661 | 0 | 0 |
| STKD 100 NVDA  100 AMD ETF | ETP | 88636R412 |  | 749489 | 23161 | SH |  | DFND |  | 23161 | 0 | 0 |
| ISHARES ESG MSCI EM LEADERS | ETP | 46436E601 |  | 3016216 | 55918 | SH |  | DFND |  | 55918 | 0 | 0 |
| FIRST TRUST INDXX INNOVATIVE | ETP | 33741X201 |  | 1454538 | 27031 | SH |  | DFND |  | 27031 | 0 | 0 |
| FIRST TRUST LOW DURATION OPP | ETP | 33739Q200 |  | 581957 | 11814 | SH |  | DFND |  | 11814 | 0 | 0 |
| CLEARBRIDGE LARGE CAP GROWTH | ETP | 524682200 |  | 1728164 | 21790 | SH |  | DFND |  | 21790 | 0 | 0 |
| ANGEL OAK MORTG-BCKED SE ETF | ETP | 03463K737 |  | 128920 | 14930 | SH |  | DFND |  | 14930 | 0 | 0 |
| MATTHEWS EM DISCOVERY | ETP | 577125743 |  | 4006927 | 153053 | SH |  | DFND |  | 153053 | 0 | 0 |
| TRADR 2X LONG INNOVATION 100 | ETP | 46092D749 |  | 259424 | 1675 | SH |  | DFND |  | 1675 | 0 | 0 |
| FIRST TRUST INDIA NIFTY 50 E | ETP | 33737J802 |  | 1228665 | 20488 | SH |  | DFND |  | 20488 | 0 | 0 |
| PARAMETRIC EQUITY PLUS ETF | ETP | 61774R775 |  | 367430 | 14192 | SH |  | DFND |  | 14192 | 0 | 0 |
| ISHARES PREFERRED  INCOME S | ETP | 464288687 |  | 823328 | 26836 | SH |  | DFND |  | 26836 | 0 | 0 |
| PIMCO MBS ACTIVE ETF | ETP | 72201R569 |  | 556227 | 11340 | SH |  | DFND |  | 11340 | 0 | 0 |
| INVESCO NASDAQ INTERNET ETF | ETP | 46137V530 |  | 346308 | 6633 | SH |  | DFND |  | 6633 | 0 | 0 |
| PGIM NSQ-100 B12 ETF - APRIL | ETP | 69420N544 |  | 608128 | 22550 | SH |  | DFND |  | 22550 | 0 | 0 |
| INV RAFI US 1500 SM-USD INC | ETP | 46137V597 |  | 533021 | 13106 | SH |  | DFND |  | 13106 | 0 | 0 |
| INVESCO DORSEY WRIGHT INDUS | ETP | 46137V845 |  | 639036 | 4069 | SH |  | DFND |  | 4069 | 0 | 0 |
| INVESCO S SMALLCAP INFORMA | ETP | 46138E115 |  | 206739 | 4471 | SH |  | DFND |  | 4471 | 0 | 0 |
| INVESCO DORSEY WRIGHT TECH | ETP | 46137V811 |  | 395125 | 5786 | SH |  | DFND |  | 5786 | 0 | 0 |
| PACER TRENDPILOT 100 ETF | ETP | 69374H303 |  | 309603 | 4338 | SH |  | DFND |  | 4338 | 0 | 0 |
| ISHARES MSCI QATAR ETF | ETP | 46434V779 |  | 189421 | 10173 | SH |  | DFND |  | 10173 | 0 | 0 |
| GLOBAL X NASDAQ 100 COLLAR 9 | ETP | 37960A602 |  | 531417 | 17404 | SH |  | DFND |  | 17404 | 0 | 0 |
| YIELDMAX NSQ100 CC STRA ETF | ETP | 88636R578 |  | 240016 | 5429 | SH |  | DFND |  | 5429 | 0 | 0 |
| INNOVATOR HDGD NASDAQ100 ETF | ETP | 45783Y152 |  | 419332 | 15394 | SH |  | DFND |  | 15394 | 0 | 0 |
| FIRST TRUST NASDQ 100 EQ WEI | ETP | 337344105 |  | 725853 | 5318 | SH |  | DFND |  | 5318 | 0 | 0 |
| INVESCO QQQ TRUST SERIES 1 | ETP | 46090E103 |  | 213357251 | 386769 | SH |  | DFND |  | 386769 | 0 | 0 |
| INVESCO NASDAQ FUT GEN 200 | ETP | 46138G482 |  | 600922 | 22456 | SH |  | DFND |  | 22456 | 0 | 0 |
| GLOBAL X NASDAQ 100 RISK MAN | ETP | 37960A503 |  | 311605 | 19451 | SH |  | DFND |  | 19451 | 0 | 0 |
| FIRST TRUST NASDQ 100 TECH I | ETP | 337345102 |  | 1333379 | 6265 | SH |  | DFND |  | 6265 | 0 | 0 |
| GLOBAL X NASDAQ 100 TAIL RIS | ETP | 37960A404 |  | 240169 | 7320 | SH |  | DFND |  | 7320 | 0 | 0 |
| FIRST TRUST RIVERFRONT DYNAM | ETP | 33739P707 |  | 1532887 | 21460 | SH |  | DFND |  | 21460 | 0 | 0 |
| ISHARES MSCI GLOBAL GOLD MIN | ETP | 46434G855 |  | 4162733 | 95083 | SH |  | DFND |  | 95083 | 0 | 0 |
| EMERGING MARKETS EQTY SELECT | ETP | 33738R779 |  | 2129393 | 38562 | SH |  | DFND |  | 38562 | 0 | 0 |
| VANECK RETAIL ETF | ETP | 92189F684 |  | 595695 | 2496 | SH |  | DFND |  | 2496 | 0 | 0 |
| RUNNING OAK EFFICIENT GR ETF | ETP | 48817R870 |  | 307894 | 9099 | SH |  | DFND |  | 9099 | 0 | 0 |
| ISHARES MSCI EAFE SMALL-CAP | ETP | 464288273 |  | 2968541 | 40844 | SH |  | DFND |  | 40844 | 0 | 0 |
| YLDMX S 500 0DTE C C S ETF | ETP | 88636R560 |  | 735413 | 16328 | SH |  | DFND |  | 16328 | 0 | 0 |
| UBS AG ETRACS SL SH CO C ETN | ETP | 22542D225 |  | 2252009 | 28122 | SH |  | DFND |  | 28122 | 0 | 0 |
| THEMES CYBERSECURITY ETF | ETP | 882927304 |  | 237852 | 7108 | SH |  | DFND |  | 7108 | 0 | 0 |
| SIMPLIFY US EQTY PL BITCOIN | ETP | 82889N848 |  | 658605 | 15893 | SH |  | DFND |  | 15893 | 0 | 0 |
| TRADR 2X LONG SPY QUARTR ETF | ETP | 46092D756 |  | 300721 | 2185 | SH |  | DFND |  | 2185 | 0 | 0 |
| PROSHARES ULTRAPRO SHORT QQQ | ETP | 74347G192 |  | 2322959 | 118700 | SH |  | DFND |  | 118700 | 0 | 0 |
| F/M US TREASURY 3 MONTH BILL | ETP | 74933W452 |  | 564893 | 11299 | SH |  | DFND |  | 11299 | 0 | 0 |
| ISHARES MSCI CHINA TECH | ETP | 46436E429 |  | 506430 | 25436 | SH |  | DFND |  | 25436 | 0 | 0 |
| FT NASDAQ TECH DVD INDEX FD | ETP | 33738R118 |  | 421725 | 4677 | SH |  | DFND |  | 4677 | 0 | 0 |
| ISHARES 20 PLUS  YEAR TREASURY BD | ETP | 464287432 |  | 238598348 | 2703664 | SH |  | DFND |  | 2703664 | 0 | 0 |
| PROSHARES ULTRAPRO QQQ | ETP | 74347X831 |  | 3074652 | 37044 | SH |  | DFND |  | 37044 | 0 | 0 |
| ISHARES MSCI TURKEY ETF | ETP | 464286715 |  | 452769 | 14035 | SH |  | DFND |  | 14035 | 0 | 0 |
| ISHARES MSCI UAE ETF | ETP | 46434V761 |  | 202737 | 10830 | SH |  | DFND |  | 10830 | 0 | 0 |
| XTRACKERS US GREEN INFRA ETF | ETP | 23306X704 |  | 185216 | 10160 | SH |  | DFND |  | 10160 | 0 | 0 |
| SGI ENHANCED CORE ETF | ETP | 74933W254 |  | 808318 | 31508 | SH |  | DFND |  | 31508 | 0 | 0 |
| DEFIANCE OIL END OPT INC ETF | ETP | 88636J378 |  | 546720 | 58724 | SH |  | DFND |  | 58724 | 0 | 0 |
| ISHARES ESG ADVANCE MSCI USA | ETP | 46436E767 |  | 400484 | 7426 | SH |  | DFND |  | 7426 | 0 | 0 |
| VANGUARD CORE BOND ETF | ETP | 922020748 |  | 3576825 | 46105 | SH |  | DFND |  | 46105 | 0 | 0 |
| VANGUARD ULTRA SHRT TREASURY | ETP | 922040852 |  | 936132 | 12395 | SH |  | DFND |  | 12395 | 0 | 0 |
| VANGUARD RUSSELL 3000 | ETP | 92206C599 |  | 536226 | 1966 | SH |  | DFND |  | 1966 | 0 | 0 |
| VANGUARD RUSSELL 2000 ETF | ETP | 92206C664 |  | 654150 | 7500 | SH |  | DFND |  | 7500 | 0 | 0 |
| VANGUARD INT HIGH DVD YLD IN | ETP | 921946794 |  | 13841165 | 172777 | SH |  | DFND |  | 172777 | 0 | 0 |
| THEMES GENERAT ARTIF INTEL | ETP | 882927502 |  | 1930510 | 53388 | SH |  | DFND |  | 53388 | 0 | 0 |
| DEFIANCE LE CAP EX-MAG 7 ETF | ETP | 88636R743 |  | 305763 | 14416 | SH |  | DFND |  | 14416 | 0 | 0 |
| ZAI LAB LTD-ADR | ADR | G9887T116 |  | 2176253 | 62232 | SH |  | DFND |  | 62232 | 0 | 0 |
| ARES CAPITAL CORP | Common Stock | 04010L103 |  | 492365 | 22421 | SH |  | DFND |  | 22421 | 0 | 0 |
| ARGENX SE - ADR | ADR | N0610Q109 |  | 3910354 | 7094 | SH |  | DFND |  | 7094 | 0 | 0 |
| AEROVIRONMENT INC | Common Stock | 008073108 |  | 426285 | 1496 | SH |  | DFND |  | 1496 | 0 | 0 |
| ASTRAZENECA PLC-SPONS ADR | ADR | G0593M107 |  | 424730 | 6078 | SH |  | DFND |  | 6078 | 0 | 0 |
| POPULAR INC | Common Stock | 733174700 |  | 656631 | 5958 | SH |  | DFND |  | 5958 | 0 | 0 |
| CARLYLE GROUP INC/THE | Common Stock | 14316J108 |  | 502692 | 9780 | SH |  | DFND |  | 9780 | 0 | 0 |
| CIPHER MINING INC | Common Stock | 17253J106 |  | 47852 | 10011 | SH |  | DFND |  | 10011 | 0 | 0 |
| ERICSSON (LM) TEL-SP ADR | ADR | W26049119 |  | 4380165 | 516529 | SH |  | DFND |  | 516529 | 0 | 0 |
| EVOTEC SE - SPON ADR | ADR | D1646D105 |  | 82975 | 19756 | SH |  | DFND |  | 19756 | 0 | 0 |
| GALAPAGOS NV-SPON ADR | ADR | B44170106 |  | 1273433 | 45496 | SH |  | DFND |  | 45496 | 0 | 0 |
| GENMAB A/S -SP ADR | ADR | K3967W102 |  | 4477269 | 216712 | SH |  | DFND |  | 216712 | 0 | 0 |
| GRAB HOLDINGS LTD - CL A | Common Stock | G4124C109 |  | 485173 | 96456 | SH |  | DFND |  | 96456 | 0 | 0 |
| GRIFOLS SA-ADR | ADR | E5706X223 |  | 735069 | 81313 | SH |  | DFND |  | 81313 | 0 | 0 |
| HAMILTON LANE INC-CLASS A | Common Stock | 407497106 |  | 316785 | 2229 | SH |  | DFND |  | 2229 | 0 | 0 |
| IQIYI INC-ADR | ADR | 9HH2ZJ4C3 |  | 1085850 | 613475 | SH |  | DFND |  | 613475 | 0 | 0 |
| JOYY INC-ADR | ADR | 46591M109 |  | 1605548 | 31537 | SH |  | DFND |  | 31537 | 0 | 0 |
| KINGSOFT CLOUD HOLDINGS-ADR | ADR | G5264S101 |  | 2028189 | 161996 | SH |  | DFND |  | 161996 | 0 | 0 |
| LI AUTO INC - ADR | ADR | G5479M105 |  | 6426100 | 237038 | SH |  | DFND |  | 237038 | 0 | 0 |
| MOLECULAR PARTNERS AG -ADR | ADR | H55351102 |  | 43345 | 11347 | SH |  | DFND |  | 11347 | 0 | 0 |
| NICE LTD - SPON ADR | ADR | M7494X101 |  | 940490 | 5568 | SH |  | DFND |  | 5568 | 0 | 0 |
| NETEASE INC-ADR | ADR | G6427A102 |  | 14416613 | 107123 | SH |  | DFND |  | 107123 | 0 | 0 |
| NEWS CORP - CLASS B | Common Stock | 65249B208 |  | 419199 | 12218 | SH |  | DFND |  | 12218 | 0 | 0 |
| BEONE MEDICINES LTD-ADR | ADR | G1146Y101 |  | 21276984 | 87896 | SH |  | DFND |  | 87896 | 0 | 0 |
| PDD HOLDINGS INC | ADR | 722304102 |  | 18165312 | 173565 | SH |  | DFND |  | 173565 | 0 | 0 |
| QFIN HOLDINGS INC-ADR | ADR | 9HH5DS2Y4 |  | 5063103 | 116769 | SH |  | DFND |  | 116769 | 0 | 0 |
| RYANAIR HOLDINGS PLC-SP ADR | ADR | G7727C186 |  | 15338489 | 265970 | SH |  | DFND |  | 265970 | 0 | 0 |
| SABRE CORP | Common Stock | 78573M104 |  | 243952 | 77200 | SH |  | DFND |  | 77200 | 0 | 0 |
| SUNRISE COMMUNICAT-CL A | ADR | 867975104 |  | 313569 | 5545 | SH |  | DFND |  | 5545 | 0 | 0 |
| SANOFI-ADR | ADR | F5548N101 |  | 18825537 | 389682 | SH |  | DFND |  | 389682 | 0 | 0 |
| STEPSTONE GROUP INC-CLASS A | Common Stock | 85914M107 |  | 287712 | 5184 | SH |  | DFND |  | 5184 | 0 | 0 |
| TPG INC | Common Stock | 872657101 |  | 406644 | 7753 | SH |  | DFND |  | 7753 | 0 | 0 |
| VNET GROUP INC-ADR | ADR | 9HH2DC6S5 |  | 184333 | 26715 | SH |  | DFND |  | 26715 | 0 | 0 |
| VODAFONE GROUP PLC-SP ADR | ADR | G93882192 |  | 16024570 | 1503243 | SH |  | DFND |  | 1503243 | 0 | 0 |
| WEIBO CORP-SPON ADR | ADR | G9515T108 |  | 825440 | 86615 | SH |  | DFND |  | 86615 | 0 | 0 |
| AEGON LTD-NY REG SHR | NY Reg Shrs | G0112X105 |  | 1273979 | 175964 | SH |  | DFND |  | 175964 | 0 | 0 |
| C3.AI INC-A | Common Stock | 12468P104 |  | 1563954 | 63653 | SH |  | DFND |  | 63653 | 0 | 0 |
| AMCOR PLC | Common Stock | G0250X107 |  | 1948868 | 212064 | SH |  | DFND |  | 212064 | 0 | 0 |
| BARCLAYS PLC-SPONS ADR | ADR | G08036124 |  | 1889636 | 101648 | SH |  | DFND |  | 101648 | 0 | 0 |
| KE HOLDINGS INC-ADR | ADR | G5223Y108 |  | 3562582 | 200822 | SH |  | DFND |  | 200822 | 0 | 0 |
| PIMCO ACTIVE BOND EXCHANGE-T | ETP | 72201R775 |  | 489383 | 5309 | SH |  | DFND |  | 5309 | 0 | 0 |
| BP PLC-SPONS ADR | ADR | G12793108 |  | 8949459 | 299013 | SH |  | DFND |  | 299013 | 0 | 0 |
| BRITISH AMERICAN TOB-SP ADR | ADR | G1510J102 |  | 4803521 | 101490 | SH |  | DFND |  | 101490 | 0 | 0 |
| ANHEUSER-BUSCH INBEV-SPN ADR | ADR | B639CJ108 |  | 22226796 | 323440 | SH |  | DFND |  | 323440 | 0 | 0 |
| BLACKSTONE INC | Common Stock | 09260D107 |  | 717535 | 4797 | SH |  | DFND |  | 4797 | 0 | 0 |
| CARNIVAL PLC-ADR | ADR | G19081101 |  | 2666891 | 104543 | SH |  | DFND |  | 104543 | 0 | 0 |
| DIAGEO PLC-SPONSORED ADR | ADR | G42089113 |  | 8030897 | 79640 | SH |  | DFND |  | 79640 | 0 | 0 |
| EQUINOR ASA-SPON ADR | ADR | R2R90P103 |  | 3835031 | 152547 | SH |  | DFND |  | 152547 | 0 | 0 |
| FORD MOTOR CO | Common Stock | 345370860 |  | 373326 | 34408 | SH |  | DFND |  | 34408 | 0 | 0 |
| FLUTTER ENTERTAINMENT PLC-DI | Common Stock | G3643J108 |  | 2127483 | 7445 | SH |  | DFND |  | 7445 | 0 | 0 |
| TCW FLEXIBLE INCOME ETF | ETP | 29287L700 |  | 1140105 | 28900 | SH |  | DFND |  | 28900 | 0 | 0 |
| FRESENIUS MEDICAL CARE-ADR | ADR | D2734Z107 |  | 809016 | 28317 | SH |  | DFND |  | 28317 | 0 | 0 |
| GOLD FIELDS LTD-SPONS ADR | ADR | S31755101 |  | 693128 | 29283 | SH |  | DFND |  | 29283 | 0 | 0 |
| GRAHAM HOLDINGS CO-CLASS B | Common Stock | 384637104 |  | 226134 | 239 | SH |  | DFND |  | 239 | 0 | 0 |
| HDFC BANK LTD-ADR | ADR | 666997770 |  | 4358612 | 56849 | SH |  | DFND |  | 56849 | 0 | 0 |
| HECLA MINING CO | Common Stock | 422704106 |  | 126826 | 21173 | SH |  | DFND |  | 21173 | 0 | 0 |
| HONDA MOTOR CO LTD-SPONS ADR | ADR | J22302111 |  | 5952818 | 206480 | SH |  | DFND |  | 206480 | 0 | 0 |
| HARMONY GOLD MNG-SPON ADR | ADR | S34320101 |  | 983585 | 70407 | SH |  | DFND |  | 70407 | 0 | 0 |
| HSBC HOLDINGS PLC-SPONS ADR | ADR | G4634U169 |  | 1183216 | 19464 | SH |  | DFND |  | 19464 | 0 | 0 |
| ICICI BANK LTD-SPON ADR | ADR | 449991348 |  | 2009552 | 59737 | SH |  | DFND |  | 59737 | 0 | 0 |
| INFOSYS LTD-SP ADR | ADR | Y4082C133 |  | 30669466 | 1655125 | SH |  | DFND |  | 1655125 | 0 | 0 |
| ING GROEP N.V.-SPONSORED ADR | ADR | N4578E595 |  | 7593242 | 347199 | SH |  | DFND |  | 347199 | 0 | 0 |
| KOREA ELEC POWER CORP-SP ADR | ADR | Y48406105 |  | 441924 | 31034 | SH |  | DFND |  | 31034 | 0 | 0 |
| KKR  CO INC | Common Stock | 48251W104 |  | 746963 | 5615 | SH |  | DFND |  | 5615 | 0 | 0 |
| MFS ACTIVE INTERNATIONAL | ETP | 55286W405 |  | 1182552 | 41566 | SH |  | DFND |  | 41566 | 0 | 0 |
| MP MATERIALS CORP | Common Stock | 553368101 |  | 218251 | 6560 | SH |  | DFND |  | 6560 | 0 | 0 |
| ARCELORMITTAL-NY REGISTERED | NY Reg Shrs | 03938L203 |  | 8970804 | 284066 | SH |  | DFND |  | 284066 | 0 | 0 |
| MITSUBISHI UFJ FINL-SPON ADR | ADR | J44497105 |  | 285458 | 20806 | SH |  | DFND |  | 20806 | 0 | 0 |
| NOVARTIS AG-SPONSORED ADR | ADR | H5820Q150 |  | 5039945 | 41649 | SH |  | DFND |  | 41649 | 0 | 0 |
| BLUE OWL CAPITAL CORP | Common Stock | 69121K104 |  | 150340 | 10484 | SH |  | DFND |  | 10484 | 0 | 0 |
| OKLO INC | Common Stock | 02156V109 |  | 223288 | 3988 | SH |  | DFND |  | 3988 | 0 | 0 |
| BLUE OWL CAPITAL INC | Common Stock | 09581B103 |  | 639846 | 33308 | SH |  | DFND |  | 33308 | 0 | 0 |
| KONINKLIJKE PHILIPS NVR- NY | NY Reg Shrs | N7637U112 |  | 5504656 | 229552 | SH |  | DFND |  | 229552 | 0 | 0 |
| PEARSON PLC-SPONSORED ADR | ADR | G69651100 |  | 237805 | 15928 | SH |  | DFND |  | 15928 | 0 | 0 |
| PRUDENTIAL PLC-ADR | ADR | G72899100 |  | 4491940 | 179534 | SH |  | DFND |  | 179534 | 0 | 0 |
| RELX PLC - SPON ADR | ADR | G7493L105 |  | 2533548 | 46624 | SH |  | DFND |  | 46624 | 0 | 0 |
| RIO TINTO PLC-SPON ADR | ADR | G75754104 |  | 2857353 | 48986 | SH |  | DFND |  | 48986 | 0 | 0 |
| RENTOKIL INITIAL PLC-SP ADR | ADR | G7494G105 |  | 10644672 | 443528 | SH |  | DFND |  | 443528 | 0 | 0 |
| SAP SE-SPONSORED ADR | ADR | D66992104 |  | 21514770 | 70749 | SH |  | DFND |  | 70749 | 0 | 0 |
| SEA LTD-ADR | ADR | 9HH3MCIE1 |  | 4758374 | 29751 | SH |  | DFND |  | 29751 | 0 | 0 |
| SHELL PLC-ADR | ADR | G80827101 |  | 4413369 | 62681 | SH |  | DFND |  | 62681 | 0 | 0 |
| SMITH  NEPHEW PLC -SPON ADR | ADR | G82343164 |  | 8952812 | 292289 | SH |  | DFND |  | 292289 | 0 | 0 |
| STMICROELECTRONICS NV-NY SHS | NY Reg Shrs | N83574108 |  | 8385618 | 275752 | SH |  | DFND |  | 275752 | 0 | 0 |
| STRIVE EM MARKETS EX-CHINA | ETP | 02072L698 |  | 6992887 | 225481 | SH |  | DFND |  | 225481 | 0 | 0 |
| SMURFIT WESTROCK PLC | Common Stock | G8267P108 |  | 1270465 | 29443 | SH |  | DFND |  | 29443 | 0 | 0 |
| TAL EDUCATION GROUP- ADR | ADR | 9HH0U18X1 |  | 4385023 | 429063 | SH |  | DFND |  | 429063 | 0 | 0 |
| TELEFONICA SA-SPON ADR | ADR | 879382109 |  | 1022302 | 195469 | SH |  | DFND |  | 195469 | 0 | 0 |
| TEVA PHARMACEUTICAL-SP ADR | ADR | M8769Q102 |  | 742367 | 44294 | SH |  | DFND |  | 44294 | 0 | 0 |
| TENARIS SA-ADR | ADR | L90272136 |  | 12439651 | 332611 | SH |  | DFND |  | 332611 | 0 | 0 |
| TOTALENERGIES SE -SPON ADR | ADR | F92124100 |  | 16378790 | 266799 | SH |  | DFND |  | 266799 | 0 | 0 |
| GRUPO TELEVISA SA-SPON ADR | ADR | P4987V137 |  | 188254 | 85961 | SH |  | DFND |  | 85961 | 0 | 0 |
| UNILEVER PLC-SPONSORED ADR | ADR | G92087165 |  | 4096187 | 66964 | SH |  | DFND |  | 66964 | 0 | 0 |
| VIPSHOP HOLDINGS LTD - ADR | ADR | 9HH2D8688 |  | 4739801 | 314937 | SH |  | DFND |  | 314937 | 0 | 0 |
| WOODSIDE ENERGY GROUP-ADR | ADR | Q98327333 |  | 4526699 | 293370 | SH |  | DFND |  | 293370 | 0 | 0 |
| WIPRO LTD-ADR | ADR | Y96659142 |  | 212629 | 70407 | SH |  | DFND |  | 70407 | 0 | 0 |
| WPP PLC-SPONSORED ADR | ADR | G9788D103 |  | 5160649 | 147405 | SH |  | DFND |  | 147405 | 0 | 0 |
| FULL TRUCK ALLIANCE -SPN ADR | ADR | 35969L108 |  | 4970049 | 420834 | SH |  | DFND |  | 420834 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC-ADR | ADR | G9897K105 |  | 1536635 | 86571 | SH |  | DFND |  | 86571 | 0 | 0 |
| ISHARES CORE U.S. AGGREGATE | ETP | 464287226 |  | 45198198 | 455627 | SH |  | DFND |  | 455627 | 0 | 0 |
| ADAPTIVE ALPHA OPPORTUNITIES | ETP | 85521B742 |  | 565435 | 19115 | SH |  | DFND |  | 19115 | 0 | 0 |
| ALLIANZIM US LG CAP BUFFER10 | ETP | 00888H109 |  | 365006 | 9296 | SH |  | DFND |  | 9296 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 APR | ETP | 00888H208 |  | 1631388 | 48898 | SH |  | DFND |  | 48898 | 0 | 0 |
| GLOBAL X MSCI ARGENTINA ETF | ETP | 37950E259 |  | 5017032 | 59212 | SH |  | DFND |  | 59212 | 0 | 0 |
| ISHARES FUTURE AI  TECH ETF | ETP | 46435U556 |  | 252314 | 6154 | SH |  | DFND |  | 6154 | 0 | 0 |
| XTRACKERS HARVEST CSI 300 CH | ETP | 233051879 |  | 13124379 | 476557 | SH |  | DFND |  | 476557 | 0 | 0 |
| XTRACKERS HARVEST CSI 500 CH | ETP | 233051754 |  | 4692934 | 158298 | SH |  | DFND |  | 158298 | 0 | 0 |
| MATTHEWS PACIFIC TIGER ETF | ETP | 577130578 |  | 2891472 | 98938 | SH |  | DFND |  | 98938 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 AUG | ETP | 00888H729 |  | 1116114 | 33991 | SH |  | DFND |  | 33991 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 AUG | ETP | 00888H711 |  | 1409267 | 45932 | SH |  | DFND |  | 45932 | 0 | 0 |
| AVANTIS INTERNATIONAL EQUITY | ETP | 025072703 |  | 3365086 | 45468 | SH |  | DFND |  | 45468 | 0 | 0 |
| AVANTIS EM MKT SM CAP EQ ETF | ETP | 025072141 |  | 1732669 | 28758 | SH |  | DFND |  | 28758 | 0 | 0 |
| AVANTIS EMERGING MARKETS EQ | ETP | 025072604 |  | 29665003 | 432813 | SH |  | DFND |  | 432813 | 0 | 0 |
| AVANTIS EMERGING MARKETS VAL | ETP | 025072372 |  | 1070687 | 19996 | SH |  | DFND |  | 19996 | 0 | 0 |
| AVANTIS RESP EMERG MKTS EQ-E | ETP | 025072315 |  | 1889560 | 32229 | SH |  | DFND |  | 32229 | 0 | 0 |
| AVANTIS US SMALL CAP VALUE | ETP | 025072877 |  | 500958 | 5499 | SH |  | DFND |  | 5499 | 0 | 0 |
| ISHRS AI IN AND TECH ACT ETF | ETP | 09290C780 |  | 753417 | 26115 | SH |  | DFND |  | 26115 | 0 | 0 |
| AMPLIFY LITHIUM BATTERY TECH | ETP | 032108805 |  | 553142 | 59223 | SH |  | DFND |  | 59223 | 0 | 0 |
| JPMORGAN BETABUILDERS US AGG | ETP | 46641Q241 |  | 1153788 | 24990 | SH |  | DFND |  | 24990 | 0 | 0 |
| FT VEST BTC FLOOR 15 ETF-APR | ETP | 33733E773 |  | 958565 | 41396 | SH |  | DFND |  | 41396 | 0 | 0 |
| FT VEST BTC FLOOR15 ETF-JUL | ETP | 33733E682 |  | 0 | 50000 | SH |  | DFND |  | 50000 | 0 | 0 |
| YLDM TART 12 SMICD OPT I ETF | ETP | 88636R750 |  | 772290 | 15498 | SH |  | DFND |  | 15498 | 0 | 0 |
| ISHARES FLEX I A ETF-USD INC | ETP | 092528603 |  | 698756 | 13224 | SH |  | DFND |  | 13224 | 0 | 0 |
| BITWISE BITCOIN ETF | ETP | 09174C104 |  | 484246 | 8265 | SH |  | DFND |  | 8265 | 0 | 0 |
| BITWISE CRYPTO IND INNOV ETF | ETP | 301505624 |  | 248393 | 12596 | SH |  | DFND |  | 12596 | 0 | 0 |
| BNY MELLON EMRG MRKTS EQTY | ETP | 09661T503 |  | 237149 | 3535 | SH |  | DFND |  | 3535 | 0 | 0 |
| ISHARES MSCI BIC ETF | ETP | 464286657 |  | 1065092 | 25691 | SH |  | DFND |  | 25691 | 0 | 0 |
| BNY MELLON HIGH YIELD ETF | ETP | 09661T800 |  | 957865 | 19838 | SH |  | DFND |  | 19838 | 0 | 0 |
| BNY MELLON US LRG CAP COR | ETP | 09661T107 |  | 356355 | 3009 | SH |  | DFND |  | 3009 | 0 | 0 |
| INVESCO SENIOR LOAN ETF | ETP | 46138G508 |  | 1142127 | 54595 | SH |  | DFND |  | 54595 | 0 | 0 |
| NICHOLAS CRYPTO INCOME ETF | ETP | 88636V728 |  | 1732906 | 82061 | SH |  | DFND |  | 82061 | 0 | 0 |
| NEOS ENHANCED INC AGG BD ETF | ETP | 78433H402 |  | 524719 | 11086 | SH |  | DFND |  | 11086 | 0 | 0 |
| GRAYSCALE BTC PREM INC ETF | ETP | 38963H404 |  | 397943 | 9861 | SH |  | DFND |  | 9861 | 0 | 0 |
| INNOVATOR BUFF SU STRAT ETF | ETP | 45783Y731 |  | 873060 | 25277 | SH |  | DFND |  | 25277 | 0 | 0 |
| GRAYSCALE BTC COV CALL ETF | ETP | 38963H305 |  | 554956 | 15545 | SH |  | DFND |  | 15545 | 0 | 0 |
| CORE ALTERNATIVE ETF | ETP | 53656F847 |  | 658734 | 24525 | SH |  | DFND |  | 24525 | 0 | 0 |
| CAP GROUP CORE BALANCED | ETP | 14021D107 |  | 8751983 | 261722 | SH |  | DFND |  | 261722 | 0 | 0 |
| CAP GROUP CORE BOND | ETP | 14020Y508 |  | 227416 | 8647 | SH |  | DFND |  | 8647 | 0 | 0 |
| CAP GROUP CORE PLUS INCOME | ETP | 14020Y102 |  | 1841062 | 81825 | SH |  | DFND |  | 81825 | 0 | 0 |
| CAP GROUP CONSERVATIVE EQ | ETP | 14020U100 |  | 279851 | 9785 | SH |  | DFND |  | 9785 | 0 | 0 |
| CAP GROUP DIVIDEND GROWERS | ETP | 14021L109 |  | 1032911 | 30714 | SH |  | DFND |  | 30714 | 0 | 0 |
| CAP GROUP DIVIDEND VALUE | ETP | 14020W106 |  | 20950511 | 530527 | SH |  | DFND |  | 530527 | 0 | 0 |
| CAP GROUP GLOBAL EQ | ETP | 14020R107 |  | 3730394 | 127797 | SH |  | DFND |  | 127797 | 0 | 0 |
| CAP GROUP GLOBAL GROWTH | ETP | 14020X104 |  | 2260662 | 70712 | SH |  | DFND |  | 70712 | 0 | 0 |
| CAP GROUP GROWTH EQUITY | ETP | 14020G101 |  | 10569243 | 260006 | SH |  | DFND |  | 260006 | 0 | 0 |
| CAP GROUP MUNI HIGH-INCOME | ETP | 14020Y805 |  | 1147424 | 46577 | SH |  | DFND |  | 46577 | 0 | 0 |
| CAP GROUP INTL CORE EQ | ETP | 14021T102 |  | 1704041 | 58538 | SH |  | DFND |  | 58538 | 0 | 0 |
| CAP GROUP INTL EQUITY | ETP | 14021M107 |  | 5887972 | 178857 | SH |  | DFND |  | 178857 | 0 | 0 |
| CAP GROUP US MULTI-SECT BOND | ETP | 14020Y300 |  | 1032076 | 37367 | SH |  | DFND |  | 37367 | 0 | 0 |
| CAP GROUP MUNICIPAL INCOME | ETP | 14020Y201 |  | 2002470 | 75027 | SH |  | DFND |  | 75027 | 0 | 0 |
| COREVALUE ALPHA GR CHINA GRW | ETP | 88634T394 |  | 642113 | 24263 | SH |  | DFND |  | 24263 | 0 | 0 |
| CAP GROUP ULTRA SHORT INCOME | ETP | 14020Y888 |  | 565656 | 22420 | SH |  | DFND |  | 22420 | 0 | 0 |
| CAP GROUP CORE EQUITY | ETP | 14020V108 |  | 14317243 | 387686 | SH |  | DFND |  | 387686 | 0 | 0 |
| CAP GROUP INTL FOCUS | ETP | 14019W109 |  | 2025932 | 74675 | SH |  | DFND |  | 74675 | 0 | 0 |
| ELDRIDGE BBB-B CLO ETF | ETP | 81752T528 |  | 3206874 | 119928 | SH |  | DFND |  | 119928 | 0 | 0 |
| ISHARES CALIFORNIA MUNI BOND | ETP | 464288356 |  | 2107139 | 37803 | SH |  | DFND |  | 37803 | 0 | 0 |
| AMPLIFY SEYMOUR CANNABIS ETF | ETP | 032108482 |  | 1186412 | 77257 | SH |  | DFND |  | 77257 | 0 | 0 |
| VANECK CHINEXT ETF | ETP | 92189F627 |  | 1222660 | 42692 | SH |  | DFND |  | 42692 | 0 | 0 |
| GLOBAL X MSCI COLOMBIA ETF | ETP | 37954Y327 |  | 235276 | 8158 | SH |  | DFND |  | 8158 | 0 | 0 |
| YIELDMAX COIN OPTION IS ETF | ETP | 88634T824 |  | 3142746 | 344222 | SH |  | DFND |  | 344222 | 0 | 0 |
| CL ND 100 ST AT PR ETF - MAR | ETP | 12811T845 |  | 645281 | 25724 | SH |  | DFND |  | 25724 | 0 | 0 |
| CAL NASDAQ 100 ST ALT PR | ETP | 12811T852 |  | 1027060 | 40318 | SH |  | DFND |  | 40318 | 0 | 0 |
| CALAMOS NSDQ 100 ALT SEPT | ETP | 12811T860 |  | 303735 | 11527 | SH |  | DFND |  | 11527 | 0 | 0 |
| CLMOS R 2000 S A P ETF - JAN | ETP | 12811T126 |  | 367702 | 14693 | SH |  | DFND |  | 14693 | 0 | 0 |
| CALAMOS SP500 STRCT ALT-AUG | ETP | 12811T704 |  | 481487 | 18533 | SH |  | DFND |  | 18533 | 0 | 0 |
| CLMS S STR ALT DEC | ETP | 12811T795 |  | 231432 | 9330 | SH |  | DFND |  | 9330 | 0 | 0 |
| CALMS S 500 S PR ETF - FEB | ETP | 12811T779 |  | 673569 | 27387 | SH |  | DFND |  | 27387 | 0 | 0 |
| CALAMOS S 500 ALT PROT OCT | ETP | 12811T829 |  | 406807 | 15509 | SH |  | DFND |  | 15509 | 0 | 0 |
| CALAMOS S 500 ALT SEPT | ETP | 12811T886 |  | 477172 | 18274 | SH |  | DFND |  | 18274 | 0 | 0 |
| CALAMOS S 500 SAP ETF JAN | ETP | 12811T787 |  | 250567 | 10375 | SH |  | DFND |  | 10375 | 0 | 0 |
| INVESCO CHINA TECHNOLOGY ETF | ETP | 46138E800 |  | 744329 | 16821 | SH |  | DFND |  | 16821 | 0 | 0 |
| YIELDMAX SHRT TSLA OPT INC | ETP | 88636J519 |  | 892848 | 188763 | SH |  | DFND |  | 188763 | 0 | 0 |
| XTRACKERS US NTL CRITIC TECH | ETP | 23306X860 |  | 1544380 | 45408 | SH |  | DFND |  | 45408 | 0 | 0 |
| NEOS ENHANCED INCOME 1-3 MON | ETP | 78433H501 |  | 1508111 | 30326 | SH |  | DFND |  | 30326 | 0 | 0 |
| YIELDMAX CVNA OPTN IN ST ETF | ETP | 88636R206 |  | 2379304 | 56010 | SH |  | DFND |  | 56010 | 0 | 0 |
| MADISON COVERED CALL ETF | ETP | 557441409 |  | 224692 | 12090 | SH |  | DFND |  | 12090 | 0 | 0 |
| ADVISORSHARES EQUITY FOCUSED | ETP | 00768Y560 |  | 335668 | 4795 | SH |  | DFND |  | 4795 | 0 | 0 |
| XTRACKERS MSCI EAFE HEDGED E | ETP | 233051200 |  | 21077131 | 481763 | SH |  | DFND |  | 481763 | 0 | 0 |
| XTRACKERS MSCI EMERGING MARK | ETP | 233051101 |  | 782261 | 28616 | SH |  | DFND |  | 28616 | 0 | 0 |
| DIMENSIONAL US CORE EQ 1 ETF | ETP | 25434V625 |  | 372153 | 5567 | SH |  | DFND |  | 5567 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 DEC | ETP | 00888H836 |  | 886571 | 26552 | SH |  | DFND |  | 26552 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 DEC | ETP | 00888H794 |  | 329883 | 10441 | SH |  | DFND |  | 10441 | 0 | 0 |
| DIMENSIONAL EMRG MRK HI PROF | ETP | 25434V757 |  | 306964 | 10963 | SH |  | DFND |  | 10963 | 0 | 0 |
| WISDOMTREE EMERGING MARKETS | ETP | 97717W315 |  | 1512459 | 33395 | SH |  | DFND |  | 33395 | 0 | 0 |
| DIMENSIONAL EMERGING CORE EQ | ETP | 25434V302 |  | 4761348 | 164468 | SH |  | DFND |  | 164468 | 0 | 0 |
| DIMENSIONAL WORLD EX US CORE | ETP | 25434V880 |  | 14809558 | 504241 | SH |  | DFND |  | 504241 | 0 | 0 |
| DIMENSIONAL CALFORNIA MB ETF | ETP | 25434V633 |  | 1162909 | 23598 | SH |  | DFND |  | 23598 | 0 | 0 |
| DIMENSIONAL CORE FIXED INC | ETP | 25434V872 |  | 501414 | 11865 | SH |  | DFND |  | 11865 | 0 | 0 |
| DIMENSIONAL EMRG MRKT CORE | ETP | 25434V732 |  | 12847314 | 432861 | SH |  | DFND |  | 432861 | 0 | 0 |
| DIMENSIONAL EMRG MRKT VAL | ETP | 25434V740 |  | 3567550 | 118958 | SH |  | DFND |  | 118958 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL VA | ETP | 25434V807 |  | 7927104 | 185083 | SH |  | DFND |  | 185083 | 0 | 0 |
| DIMENSIONAL NATIONAL MUNI BD | ETP | 25434V849 |  | 1791620 | 37774 | SH |  | DFND |  | 37774 | 0 | 0 |
| DIM GLB SUSTAIN FIX INC ETF | ETP | 25434V674 |  | 365804 | 6977 | SH |  | DFND |  | 6977 | 0 | 0 |
| DIMENSIONAL EM SUS CORE1 ETF | ETP | 25434V682 |  | 7879143 | 207019 | SH |  | DFND |  | 207019 | 0 | 0 |
| DIMENSIONAL INT SUS COR1 ETF | ETP | 25434V690 |  | 2153322 | 54639 | SH |  | DFND |  | 54639 | 0 | 0 |
| ISHARES CORE DIVIDEND GROWTH | ETP | 46434V621 |  | 511520 | 8000 | SH |  | DFND |  | 8000 | 0 | 0 |
| WISDOMTREE EM SMALL CAP | ETP | 97717W281 |  | 3598333 | 65140 | SH |  | DFND |  | 65140 | 0 | 0 |
| FRANKLIN EMERGING MARKET COR | ETP | 35473P207 |  | 1526989 | 50995 | SH |  | DFND |  | 50995 | 0 | 0 |
| YIELDMAX SHORT NVDA OIS ETF | ETP | 88636J485 |  | 327695 | 43986 | SH |  | DFND |  | 43986 | 0 | 0 |
| AMPLIFY CWP ENHAN DIVID ETF | ETP | 032108409 |  | 2672140 | 62800 | SH |  | DFND |  | 62800 | 0 | 0 |
| ISHARES EMERGING MARKETS DIV | ETP | 464286319 |  | 226879 | 7919 | SH |  | DFND |  | 7919 | 0 | 0 |
| WISDOMTREE JAPAN HEDGED EQ | ETP | 97717W851 |  | 1543673 | 13509 | SH |  | DFND |  | 13509 | 0 | 0 |
| GLOBAL X DOW 30 CC  GR | ETP | 37960A511 |  | 588796 | 22482 | SH |  | DFND |  | 22482 | 0 | 0 |
| ISHARES ESG AWARE US AGGREGA | ETP | 46435U549 |  | 346233 | 7283 | SH |  | DFND |  | 7283 | 0 | 0 |
| INNOVATOR EMERGING MARKETS P | ETP | 45782C359 |  | 1010321 | 36110 | SH |  | DFND |  | 36110 | 0 | 0 |
| ISHARES MSCI CHINA SMALL-CAP | ETP | 46429B200 |  | 222650 | 7037 | SH |  | DFND |  | 7037 | 0 | 0 |
| COLUMBIA RESEARCH ENHANCED E | ETP | 19762B509 |  | 852584 | 35562 | SH |  | DFND |  | 35562 | 0 | 0 |
| SPDR S EMERGING MARKETS DI | ETP | 78463X533 |  | 683301 | 17925 | SH |  | DFND |  | 17925 | 0 | 0 |
| ALPS EMERGING SECTOR DIVIDEN | ETP | 00162Q668 |  | 1620711 | 73338 | SH |  | DFND |  | 73338 | 0 | 0 |
| INVESCO S EMERGING MARKETS | ETP | 46138E297 |  | 6076504 | 232638 | SH |  | DFND |  | 232638 | 0 | 0 |
| ISHARES MSCI EMERGING MARKET | ETP | 464287234 |  | 73075061 | 1514823 | SH |  | DFND |  | 1514823 | 0 | 0 |
| INVESCO S EMERGING MARKETS | ETP | 46138E289 |  | 1980769 | 117625 | SH |  | DFND |  | 117625 | 0 | 0 |
| SPDR MSCI EM FSL FL RSV FREE | ETP | 78470E205 |  | 3468903 | 92570 | SH |  | DFND |  | 92570 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETP | 464287465 |  | 1927069 | 21558 | SH |  | DFND |  | 21558 | 0 | 0 |
| NESTYELD DYN INC ETF USD INC | ETP | 45259A787 |  | 574015 | 14631 | SH |  | DFND |  | 14631 | 0 | 0 |
| ISHARES MSCI INDONESIA ETF | ETP | 46429B309 |  | 460971 | 26147 | SH |  | DFND |  | 26147 | 0 | 0 |
| FT ENERGY INCOME ETF | ETP | 33740F276 |  | 1209651 | 61342 | SH |  | DFND |  | 61342 | 0 | 0 |
| ISHARES MSCI IRELAND ETF | ETP | 46429B507 |  | 2182649 | 32538 | SH |  | DFND |  | 32538 | 0 | 0 |
| INNOVATOR EMERGING MARKETS P | ETP | 45782C516 |  | 1002013 | 31275 | SH |  | DFND |  | 31275 | 0 | 0 |
| WISDOMTREE EMRG MKTS DEBT | ETP | 97717X867 |  | 1299748 | 46486 | SH |  | DFND |  | 46486 | 0 | 0 |
| BATTLESHARES TSLA VS F ETF | ETP | 45259A654 |  | 413728 | 29635 | SH |  | DFND |  | 29635 | 0 | 0 |
| XTRACKERS EMERG MARK CARB RE | ETP | 233051192 |  | 2773349 | 85644 | SH |  | DFND |  | 85644 | 0 | 0 |
| XTRACKERS MSCI EMERGING MARK | ETP | 233051226 |  | 1732070 | 55482 | SH |  | DFND |  | 55482 | 0 | 0 |
| FIRST TRUST BBG EMER MKT DEM | ETP | 33734X754 |  | 2109589 | 83676 | SH |  | DFND |  | 83676 | 0 | 0 |
| SPDR BLOOMBERG EM USD BOND | ETP | 78468R515 |  | 1474705 | 59923 | SH |  | DFND |  | 59923 | 0 | 0 |
| EMG MKT INTERNET ETF-USA INC | ETP | 301505889 |  | 1849772 | 44391 | SH |  | DFND |  | 44391 | 0 | 0 |
| MATTHEWS EM SUSTAINABLE | ETP | 577130628 |  | 1685568 | 61005 | SH |  | DFND |  | 61005 | 0 | 0 |
| INNOVATOR EMER MKT PWR BUFF | ETP | 45782C623 |  | 241742 | 8554 | SH |  | DFND |  | 8554 | 0 | 0 |
| ISHARES MSCI PHILIPPINES ETF | ETP | 46429B408 |  | 1916190 | 70656 | SH |  | DFND |  | 70656 | 0 | 0 |
| WISDOMTREE INDIA EARNINGS | ETP | 97717W422 |  | 819522 | 17264 | SH |  | DFND |  | 17264 | 0 | 0 |
| ISHARES MSCI PERU AND GLOBAL | ETP | 464289842 |  | 233232 | 4800 | SH |  | DFND |  | 4800 | 0 | 0 |
| INVESCO MSCI SUSTAINABLE FUT | ETP | 46137V407 |  | 1187783 | 27961 | SH |  | DFND |  | 27961 | 0 | 0 |
| GRAYSCALE ETHERM MINI TR ETF | ETP | 38964R203 |  | 1677478 | 70720 | SH |  | DFND |  | 70720 | 0 | 0 |
| AMPLIFY ETHO CLIMATE LEADERS | ETP | 032108557 |  | 507009 | 8722 | SH |  | DFND |  | 8722 | 0 | 0 |
| BITWISE ETHEREUM ETF | ETP | 091955104 |  | 1619982 | 89700 | SH |  | DFND |  | 89700 | 0 | 0 |
| ISHARES ESG ADV TOT USD BOND | ETP | 46436E619 |  | 577429 | 13259 | SH |  | DFND |  | 13259 | 0 | 0 |
| ISHARES MSCI AUSTRALIA ETF | ETP | 464286103 |  | 2700168 | 102590 | SH |  | DFND |  | 102590 | 0 | 0 |
| ISHARES MSCI BELGIUM ETF | ETP | 464286301 |  | 495641 | 22475 | SH |  | DFND |  | 22475 | 0 | 0 |
| ISHARES MSCI SWITZERLAND ETF | ETP | 464286749 |  | 1512701 | 27599 | SH |  | DFND |  | 27599 | 0 | 0 |
| ISHARES MSCI MALAYSIA ETF | ETP | 46434G814 |  | 919321 | 37770 | SH |  | DFND |  | 37770 | 0 | 0 |
| ISHARES MSCI NETHERLANDS ETF | ETP | 464286814 |  | 899141 | 16498 | SH |  | DFND |  | 16498 | 0 | 0 |
| ISHARES MSCI AUSTRIA ETF | ETP | 464286202 |  | 1031851 | 35097 | SH |  | DFND |  | 35097 | 0 | 0 |
| ISHARES MSCI FRANCE ETF | ETP | 464286707 |  | 11553603 | 269944 | SH |  | DFND |  | 269944 | 0 | 0 |
| ISHARES MSCI SINGAPORE ETF | ETP | 46434G780 |  | 8128466 | 312874 | SH |  | DFND |  | 312874 | 0 | 0 |
| ISHARES MSCI UNITED KINGDOM | ETP | 46435G334 |  | 499677 | 12580 | SH |  | DFND |  | 12580 | 0 | 0 |
| SPDR S EMERGING MKTS SMALL | ETP | 78463X756 |  | 11699168 | 188605 | SH |  | DFND |  | 188605 | 0 | 0 |
| FIRST TRUST GLOBAL WIND ENER | ETP | 33736G106 |  | 759267 | 41856 | SH |  | DFND |  | 41856 | 0 | 0 |
| FIDELITY TOTAL BOND ETF | ETP | 316188309 |  | 2157158 | 47151 | SH |  | DFND |  | 47151 | 0 | 0 |
| PINNACLE FOCUSED OPPORT ETF | ETP | 88634T519 |  | 969901 | 37625 | SH |  | DFND |  | 37625 | 0 | 0 |
| AMERICAN CENTURY FOCUSED DYN | ETP | 025072810 |  | 780974 | 7148 | SH |  | DFND |  | 7148 | 0 | 0 |
| FIDELITY CON DISCRET ETF | ETP | 316092204 |  | 442599 | 4705 | SH |  | DFND |  | 4705 | 0 | 0 |
| FIDELITY MOMENTUM FACTOR ETF | ETP | 316092816 |  | 1569922 | 20695 | SH |  | DFND |  | 20695 | 0 | 0 |
| FED HERMES US STRAT DIV ETF | ETP | 31423L305 |  | 377931 | 13763 | SH |  | DFND |  | 13763 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 FEB | ETP | 00888H828 |  | 449009 | 12792 | SH |  | DFND |  | 12792 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 FEB | ETP | 00888H786 |  | 214857 | 6725 | SH |  | DFND |  | 6725 | 0 | 0 |
| FIDELITY ENHANCED EM ETF | ETP | 31609A800 |  | 2081408 | 73587 | SH |  | DFND |  | 73587 | 0 | 0 |
| YLDMX SHRT COIN OPT INC STR | ETP | 88636J477 |  | 980589 | 285055 | SH |  | DFND |  | 285055 | 0 | 0 |
| FT INTERMED DUR IG CORP ETF | ETP | 33738D796 |  | 459126 | 21884 | SH |  | DFND |  | 21884 | 0 | 0 |
| GLB X SP 500 US M L T 50 ETF | ETP | 37960A354 |  | 2543982 | 95669 | SH |  | DFND |  | 95669 | 0 | 0 |
| ALLIANZIM US 6M FL5 APR-OCT | ETP | 00888H620 |  | 387841 | 14166 | SH |  | DFND |  | 14166 | 0 | 0 |
| FRANKLIN FTSE ASIA EX JAPAN | ETP | 35473P660 |  | 2402582 | 92407 | SH |  | DFND |  | 92407 | 0 | 0 |
| FRANKLIN FTSE BRAZIL ETF | ETP | 35473P835 |  | 970648 | 54045 | SH |  | DFND |  | 54045 | 0 | 0 |
| FRANKLIN FTSE CANADA ETF | ETP | 35473P827 |  | 525089 | 12577 | SH |  | DFND |  | 12577 | 0 | 0 |
| FRANKLIN FTSE CHINA ETF | ETP | 35473P819 |  | 2081075 | 95880 | SH |  | DFND |  | 95880 | 0 | 0 |
| ALLIANZIM US 6M FLR5 JAN-JUL | ETP | 00888H638 |  | 793586 | 26214 | SH |  | DFND |  | 26214 | 0 | 0 |
| FRANKLIN FTSE JAPAN ETF | ETP | 35473P744 |  | 481832 | 14987 | SH |  | DFND |  | 14987 | 0 | 0 |
| FRANKLIN FTSE SOUTH KOREA | ETP | 35473P710 |  | 1377585 | 56366 | SH |  | DFND |  | 56366 | 0 | 0 |
| FRANKLIN FTSE SAUDI ARABIA | ETP | 35473P587 |  | 414419 | 12606 | SH |  | DFND |  | 12606 | 0 | 0 |
| VANECK IG FLOATING RATE ETF | ETP | 92189F486 |  | 222895 | 8741 | SH |  | DFND |  | 8741 | 0 | 0 |
| FMQQ THE NEXT FRON INT-USD I | ETP | 301505590 |  | 1884131 | 124238 | SH |  | DFND |  | 124238 | 0 | 0 |
| FIDELITY FINANCIALS ETF | ETP | 316092501 |  | 347469 | 4693 | SH |  | DFND |  | 4693 | 0 | 0 |
| SCHWAB FNDMNTL EM MRK EQ ETF | ETP | 808524730 |  | 21102203 | 639267 | SH |  | DFND |  | 639267 | 0 | 0 |
| SCHWAB FNDMN INTL LRG CO ETF | ETP | 808524755 |  | 621310 | 15525 | SH |  | DFND |  | 15525 | 0 | 0 |
| FIDELITY QUALITY FACTOR ETF | ETP | 316092790 |  | 340142 | 4885 | SH |  | DFND |  | 4885 | 0 | 0 |
| FT LTD DURATION INV GRADE | ETP | 33738D804 |  | 1322511 | 69169 | SH |  | DFND |  | 69169 | 0 | 0 |
| FT CORE INVESTMENT GRADE ETF | ETP | 33738D788 |  | 1454403 | 69060 | SH |  | DFND |  | 69060 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | ETP | 389637109 |  | 5461525 | 64382 | SH |  | DFND |  | 64382 | 0 | 0 |
| GOLDMAN SACHS ACTIVEBETA EM | ETP | 381430206 |  | 1823587 | 49008 | SH |  | DFND |  | 49008 | 0 | 0 |
| VANECK INDIA GROWTH LEADERS | ETP | 92189F767 |  | 1469911 | 30504 | SH |  | DFND |  | 30504 | 0 | 0 |
| SPDR S EMERGING ASIA PACIF | ETP | 78463X301 |  | 10809278 | 85518 | SH |  | DFND |  | 85518 | 0 | 0 |
| US GLB GLD  METAL MNRS ETF | ETP | 26922A719 |  | 746116 | 25430 | SH |  | DFND |  | 25430 | 0 | 0 |
| GLOBAL X GOLD EXPLORERS ETF | ETP | 37954Y863 |  | 661394 | 14517 | SH |  | DFND |  | 14517 | 0 | 0 |
| YLDMX AI  T PRT OPTN IN ETF | ETP | 88636R735 |  | 731390 | 15453 | SH |  | DFND |  | 15453 | 0 | 0 |
| NATIXIS GATEWAY QUALITY INC | ETP | 63873X307 |  | 821940 | 15309 | SH |  | DFND |  | 15309 | 0 | 0 |
| FLEXSHARES GLOBAL QUALITY RE | ETP | 33939L787 |  | 1861755 | 31213 | SH |  | DFND |  | 31213 | 0 | 0 |
| GLOBAL X MSCI GREECE ETF | ETP | 37954Y319 |  | 1080008 | 18608 | SH |  | DFND |  | 18608 | 0 | 0 |
| FLEXSHARES GLOBAL UPSTREAM N | ETP | 33939L407 |  | 955139 | 23813 | SH |  | DFND |  | 23813 | 0 | 0 |
| SPDR S CHINA ETF | ETP | 78463X400 |  | 7417673 | 84725 | SH |  | DFND |  | 84725 | 0 | 0 |
| JPMORGAN HEDGED EQUITY ETF | ETP | 46654Q724 |  | 7177738 | 114697 | SH |  | DFND |  | 114697 | 0 | 0 |
| SIMPLIFY HEDGED EQUITY ETF | ETP | 82889N764 |  | 438189 | 14582 | SH |  | DFND |  | 14582 | 0 | 0 |
| HARTFORD MUNICIPAL OPP ETF | ETP | 41653L503 |  | 558352 | 14586 | SH |  | DFND |  | 14586 | 0 | 0 |
| YLD MAX HOOD OPT IN STRA ETF | ETP | 88636R404 |  | 7050139 | 104292 | SH |  | DFND |  | 104292 | 0 | 0 |
| HARTFORD TTL RTRN BND ETF | ETP | 41653L305 |  | 656671 | 19388 | SH |  | DFND |  | 19388 | 0 | 0 |
| FLEXSHARES HIGH YIELD VALUE | ETP | 33939L662 |  | 4466484 | 108859 | SH |  | DFND |  | 108859 | 0 | 0 |
| XTRACKERS USD HIGH YIELD COR | ETP | 233051432 |  | 5164591 | 139886 | SH |  | DFND |  | 139886 | 0 | 0 |
| SPDR NUVEEN ICE HY MUNI BD | ETP | 78464A284 |  | 571005 | 23043 | SH |  | DFND |  | 23043 | 0 | 0 |
| FT VST HIGH YLD  TAR IN ETF | ETP | 33738D739 |  | 581029 | 28965 | SH |  | DFND |  | 28965 | 0 | 0 |
| ISHARES U.S. INSURANCE ETF | ETP | 464288786 |  | 382807 | 2847 | SH |  | DFND |  | 2847 | 0 | 0 |
| INNOVATOR INTERNATIONAL DEVE | ETP | 45782C367 |  | 857726 | 29334 | SH |  | DFND |  | 29334 | 0 | 0 |
| ISHRS IBNDS DEC 27 CORP ETF | ETP | 46435UAA9 |  | 687350 | 28321 | SH |  | DFND |  | 28321 | 0 | 0 |
| ISHARES IBONDS DEC 2028 ETF | ETP | 46435U515 |  | 750423 | 29521 | SH |  | DFND |  | 29521 | 0 | 0 |
| BITWISE COIN INCOME STRAT | ETP | 091748608 |  | 1112596 | 20070 | SH |  | DFND |  | 20070 | 0 | 0 |
| INNO INT DEV POWER BUFF DEC | ETP | 45783Y426 |  | 436998 | 14545 | SH |  | DFND |  | 14545 | 0 | 0 |
| ISHARES CORE MSCI DEV MKTS | ETP | 46435G326 |  | 114291998 | 1503051 | SH |  | DFND |  | 1503051 | 0 | 0 |
| ALPS INTERNATIONAL SECTOR DI | ETP | 00162Q718 |  | 1632942 | 48141 | SH |  | DFND |  | 48141 | 0 | 0 |
| AMPLIFY CWP INTL ENH DVD INC | ETP | 032108722 |  | 1067496 | 31068 | SH |  | DFND |  | 31068 | 0 | 0 |
| VANECK INDONESIA INDEX ETF | ETP | 92189F833 |  | 752165 | 51713 | SH |  | DFND |  | 51713 | 0 | 0 |
| ISHARES EUROPE ETF | ETP | 464287861 |  | 516056 | 8159 | SH |  | DFND |  | 8159 | 0 | 0 |
| INNOVATOR INTL D PB ETF-FEB | ETP | 45783Y350 |  | 216623 | 7582 | SH |  | DFND |  | 7582 | 0 | 0 |
| ISHARES CYBERSECURITY  TECH | ETP | 46435U135 |  | 1287788 | 24202 | SH |  | DFND |  | 24202 | 0 | 0 |
| INNOVATOR INTERNATIONAL DEVE | ETP | 45782C524 |  | 474299 | 13866 | SH |  | DFND |  | 13866 | 0 | 0 |
| ISHARES MORNINGSTAR GROWTH E | ETP | 464287119 |  | 429073 | 4428 | SH |  | DFND |  | 4428 | 0 | 0 |
| INNOVATOR INTDEVPOW BUF-MAR | ETP | 45783Y343 |  | 530676 | 18819 | SH |  | DFND |  | 18819 | 0 | 0 |
| INNOV INTL DEV PB ETF - MAY | ETP | 45783Y293 |  | 414986 | 14695 | SH |  | DFND |  | 14695 | 0 | 0 |
| BITWISE MARA INCOME STRAT | ETP | 091748707 |  | 1697579 | 35361 | SH |  | DFND |  | 35361 | 0 | 0 |
| BITWISE MSTR INCOME STRAT | ETP | 091748806 |  | 2174900 | 41825 | SH |  | DFND |  | 41825 | 0 | 0 |
| FRANKLIN INCOME FOCUS ETF | ETP | 35473P439 |  | 960112 | 35494 | SH |  | DFND |  | 35494 | 0 | 0 |
| MATTHEWS INDIA ETF | ETP | 577130610 |  | 3428894 | 113663 | SH |  | DFND |  | 113663 | 0 | 0 |
| RANGE INDIA FINANCIALS ETF | ETP | 301505640 |  | 867637 | 21556 | SH |  | DFND |  | 21556 | 0 | 0 |
| INNO INT DEV POWER BUFF NOV | ETP | 45783Y459 |  | 270977 | 8404 | SH |  | DFND |  | 8404 | 0 | 0 |
| INQQ THE INDIA INTERNET ETF | ETP | 301505558 |  | 2868861 | 172823 | SH |  | DFND |  | 172823 | 0 | 0 |
| INNOVATOR INTL DEV EQ POWER | ETP | 45783Y533 |  | 262993 | 8507 | SH |  | DFND |  | 8507 | 0 | 0 |
| AMPLIFY BLUESTAR ISRAEL TECH | ETP | 032108599 |  | 1457472 | 25781 | SH |  | DFND |  | 25781 | 0 | 0 |
| QUADRATIC INT RTE VOL INFL H | ETP | 500767736 |  | 688864 | 35218 | SH |  | DFND |  | 35218 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETP | 464287200 |  | 42933993 | 69148 | SH |  | DFND |  | 69148 | 0 | 0 |
| ISHARES S 500 GROWTH ETF | ETP | 464287309 |  | 349127 | 3171 | SH |  | DFND |  | 3171 | 0 | 0 |
| ISHARES RUSSELL 1000 ETF | ETP | 464287622 |  | 1078474 | 3176 | SH |  | DFND |  | 3176 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETP | 464287655 |  | 122517361 | 567762 | SH |  | DFND |  | 567762 | 0 | 0 |
| ISHARES RUSSELL MID-CAP ETF | ETP | 464287499 |  | 259723 | 2824 | SH |  | DFND |  | 2824 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 JAN | ETP | 00888H703 |  | 1204443 | 31878 | SH |  | DFND |  | 31878 | 0 | 0 |
| JPMORGAN ACTIVE CHINA ETF | ETP | 46654Q880 |  | 649842 | 13269 | SH |  | DFND |  | 13269 | 0 | 0 |
| US GLOBAL JETS ETF | ETP | 26922A842 |  | 1032708 | 44959 | SH |  | DFND |  | 44959 | 0 | 0 |
| JOHN HANCOCK MULTI EM MRK ET | ETP | 47804J834 |  | 942691 | 32295 | SH |  | DFND |  | 32295 | 0 | 0 |
| SPDR BLOOMBERG HIGH YIELD BO | ETP | 78468R622 |  | 4784516 | 49188 | SH |  | DFND |  | 49188 | 0 | 0 |
| JPM DIVERSIFIED RET EM EQUIT | ETP | 46641Q308 |  | 15467712 | 274188 | SH |  | DFND |  | 274188 | 0 | 0 |
| JPMORGAN USD EMERGING MARKET | ETP | 46641Q746 |  | 314403 | 8069 | SH |  | DFND |  | 8069 | 0 | 0 |
| YIELDMX JPM OP INC STRTG ETF | ETP | 88634T436 |  | 526257 | 30725 | SH |  | DFND |  | 30725 | 0 | 0 |
| JPMORGAN REALTY INCOME ETF | ETP | 46641Q126 |  | 649237 | 13628 | SH |  | DFND |  | 13628 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 JUN | ETP | 00888H745 |  | 429030 | 12600 | SH |  | DFND |  | 12600 | 0 | 0 |
| KRANESHARES BOSERA MSCI CHIN | ETP | 500767405 |  | 1989478 | 81939 | SH |  | DFND |  | 81939 | 0 | 0 |
| PLUS KOREA DEFNS IND ID ETF | ETP | 30151E491 |  | 1586237 | 38417 | SH |  | DFND |  | 38417 | 0 | 0 |
| KRANESHARES EMERGING MARKETS | ETP | 500767876 |  | 210628 | 9352 | SH |  | DFND |  | 9352 | 0 | 0 |
| KRANESHARES MSCI E-MKT EX-CH | ETP | 500767769 |  | 1782929 | 55286 | SH |  | DFND |  | 55286 | 0 | 0 |
| KRANESHARES MSCI CHINA CLEAN | ETP | 500767850 |  | 2506135 | 96131 | SH |  | DFND |  | 96131 | 0 | 0 |
| KRANESH KWEB COV CAL STR ETF | ETP | 500767272 |  | 386947 | 12195 | SH |  | DFND |  | 12195 | 0 | 0 |
| AXS KNOWLEDGE LEADERS ETF | ETP | 46144X396 |  | 1142418 | 23318 | SH |  | DFND |  | 23318 | 0 | 0 |
| SPDR S REGIONAL BANKING | ETP | 78464A698 |  | 835617 | 14070 | SH |  | DFND |  | 14070 | 0 | 0 |
| ISHRS MSCI SAUDI ARABIA ETF | ETP | 46434V423 |  | 2294517 | 59536 | SH |  | DFND |  | 59536 | 0 | 0 |
| DRX DLY S BIOTECH BULL 3X | ETP | 25460G120 |  | 391256 | 6875 | SH |  | DFND |  | 6875 | 0 | 0 |
| YLDMX CRYP IN  T P OP I ETF | ETP | 88636R727 |  | 829864 | 20440 | SH |  | DFND |  | 20440 | 0 | 0 |
| FIRST TR LONG DURATION O-ETF | ETP | 33738D606 |  | 1585294 | 74010 | SH |  | DFND |  | 74010 | 0 | 0 |
| GLOBAL X LITHIUM  BATTERY T | ETP | 37954Y855 |  | 841382 | 21911 | SH |  | DFND |  | 21911 | 0 | 0 |
| SIMPLIFY PPR SNDLR US SM CAP | ETP | 82889N327 |  | 701489 | 25352 | SH |  | DFND |  | 25352 | 0 | 0 |
| YIELDMAX MARA OPTN IN ST ETF | ETP | 88636R602 |  | 1289559 | 58884 | SH |  | DFND |  | 58884 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 MAR | ETP | 00888H778 |  | 1082634 | 33276 | SH |  | DFND |  | 33276 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 MAY | ETP | 00888H752 |  | 240397 | 7474 | SH |  | DFND |  | 7474 | 0 | 0 |
| MATTHEWS CHINA ACTIVE ETF | ETP | 577125834 |  | 596815 | 24362 | SH |  | DFND |  | 24362 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TRST | ETP | 78467Y107 |  | 8804232 | 15542 | SH |  | DFND |  | 15542 | 0 | 0 |
| MATTHEWS EM MKT EQTY ACTIVE | ETP | 577125818 |  | 5074779 | 156136 | SH |  | DFND |  | 156136 | 0 | 0 |
| MATTHEWS EM EX CHINA ACTIVE | ETP | 577125792 |  | 4688981 | 143266 | SH |  | DFND |  | 143266 | 0 | 0 |
| PIMCO RAFI DYNAMIC MULTI-FAC | ETP | 72202L389 |  | 11784540 | 556978 | SH |  | DFND |  | 556978 | 0 | 0 |
| FT INTERMED GOVT OPPT ETF | ETP | 33738D838 |  | 633213 | 31425 | SH |  | DFND |  | 31425 | 0 | 0 |
| PIMCO ENHANCED SHORT MATURIT | ETP | 72201R833 |  | 5352785 | 53243 | SH |  | DFND |  | 53243 | 0 | 0 |
| MATTHEWS ASIA INNOVATORS ACT | ETP | 577125826 |  | 306316 | 9810 | SH |  | DFND |  | 9810 | 0 | 0 |
| FIRST TRUST INDXX AERO  DEF | ETP | 33733E831 |  | 547622 | 14658 | SH |  | DFND |  | 14658 | 0 | 0 |
| AMPLIFY ALTERNAT HARVEST ETF | ETP | 032108474 |  | 4192115 | 233414 | SH |  | DFND |  | 233414 | 0 | 0 |
| MATTHEWS KOREA ACTIVE ETF | ETP | 577125784 |  | 3649391 | 129891 | SH |  | DFND |  | 129891 | 0 | 0 |
| NYLI MACKAY MUNI INSURED ETF | ETP | 45409F843 |  | 1118576 | 47987 | SH |  | DFND |  | 47987 | 0 | 0 |
| NYLI MACKAY MUNI INTRM ETF | ETP | 45409F827 |  | 783758 | 32862 | SH |  | DFND |  | 32862 | 0 | 0 |
| VANECK AGRIBUSINESS ETF | ETP | 92189F700 |  | 1344301 | 18260 | SH |  | DFND |  | 18260 | 0 | 0 |
| YIELDMAX MSTR OPTION IS ETF | ETP | 88634T493 |  | 5998226 | 270556 | SH |  | DFND |  | 270556 | 0 | 0 |
| PIMCO INTERMEDIATE MUNICIPAL | ETP | 72201R866 |  | 1090886 | 21240 | SH |  | DFND |  | 21240 | 0 | 0 |
| MILLER VALUE PARTNERS APP | ETP | 00777X561 |  | 3078150 | 89191 | SH |  | DFND |  | 89191 | 0 | 0 |
| ISHARES GLOBAL MATERIALS ETF | ETP | 464288695 |  | 3332980 | 38996 | SH |  | DFND |  | 38996 | 0 | 0 |
| YIELDMAX NFLX OPTION IS ETF | ETP | 88634T782 |  | 1229709 | 63881 | SH |  | DFND |  | 63881 | 0 | 0 |
| VANECK URANI  NUCLR ETF-USD | ETP | 92189F601 |  | 4708028 | 42346 | SH |  | DFND |  | 42346 | 0 | 0 |
| WISDOMTREE EMERGING MARKETS | ETP | 97717Y642 |  | 953017 | 28714 | SH |  | DFND |  | 28714 | 0 | 0 |
| WISDOMTREE US EFFICIENT CORE | ETP | 97717Y790 |  | 1859628 | 37148 | SH |  | DFND |  | 37148 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 NOV | ETP | 00888H851 |  | 476627 | 13881 | SH |  | DFND |  | 13881 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 NOV | ETP | 00888H844 |  | 996032 | 30911 | SH |  | DFND |  | 30911 | 0 | 0 |
| YIELDMAX NVDA OPTION INC ETF | ETP | 88634T774 |  | 3899511 | 232529 | SH |  | DFND |  | 232529 | 0 | 0 |
| AXS GREEN ALPHA ETF | ETP | 46144X586 |  | 1347966 | 39675 | SH |  | DFND |  | 39675 | 0 | 0 |
| ISHARES NEW YORK MUNI BOND E | ETP | 464288323 |  | 1222213 | 23441 | SH |  | DFND |  | 23441 | 0 | 0 |
| YIELDMAX INNOVATION OPTION I | ETP | 88634T600 |  | 304635 | 34657 | SH |  | DFND |  | 34657 | 0 | 0 |
| KRANESHARES MSCI ONE BELT ON | ETP | 500767868 |  | 1392425 | 58507 | SH |  | DFND |  | 58507 | 0 | 0 |
| CLEARSHARES OCIO ETF | ETP | 26922A727 |  | 494333 | 14030 | SH |  | DFND |  | 14030 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 OCT | ETP | 00888H604 |  | 282103 | 7028 | SH |  | DFND |  | 7028 | 0 | 0 |
| SPDR RUSSELL LOW VOL FOCUS | ETP | 78468R754 |  | 211078 | 1635 | SH |  | DFND |  | 1635 | 0 | 0 |
| PUTNAM EMR MRKT EX CHINA ETF | ETP | 746729847 |  | 358969 | 6055 | SH |  | DFND |  | 6055 | 0 | 0 |
| SIMPLIFY INTEREST RATE HEDGE | ETP | 82889N855 |  | 1427842 | 27022 | SH |  | DFND |  | 27022 | 0 | 0 |
| INVESCO FUNDAMENTAL HIGH YIE | ETP | 46138E719 |  | 293698 | 15910 | SH |  | DFND |  | 15910 | 0 | 0 |
| INVESCO S 500 DOWNSIDE HED | ETP | 46090A705 |  | 1913282 | 54216 | SH |  | DFND |  | 54216 | 0 | 0 |
| PARAMETRIC HEDGED EQUITY ETF | ETP | 61774R874 |  | 1287568 | 41983 | SH |  | DFND |  | 41983 | 0 | 0 |
| INVESCO INDIA EXCHANGE-TRADE | ETP | 46137R109 |  | 7632644 | 283215 | SH |  | DFND |  | 283215 | 0 | 0 |
| PUTNAM SUSTAINABLE LEADERS | ETP | 746729102 |  | 320776 | 9500 | SH |  | DFND |  | 9500 | 0 | 0 |
| INSPIRE 500 ETF | ETP | 66537J796 |  | 405402 | 1768 | SH |  | DFND |  | 1768 | 0 | 0 |
| PGIM ULTRA SHORT BOND ETF | ETP | 69344A107 |  | 861793 | 17319 | SH |  | DFND |  | 17319 | 0 | 0 |
| PUTNAM FOCUSED LRG CAP VALUE | ETP | 746729300 |  | 1702010 | 42307 | SH |  | DFND |  | 42307 | 0 | 0 |
| INVES RAFI EMER MRKT-USD INC | ETP | 46138E727 |  | 11879032 | 507868 | SH |  | DFND |  | 507868 | 0 | 0 |
| YLDMX PYPL OP INC STRTG ETF | ETP | 88634T451 |  | 776579 | 61148 | SH |  | DFND |  | 61148 | 0 | 0 |
| PACER MET US LRG CAP DVD 400 | ETP | 69374H436 |  | 218292 | 5532 | SH |  | DFND |  | 5532 | 0 | 0 |
| AMPLIFY CWP GRW  INC ETF | ETP | 032108524 |  | 459015 | 16631 | SH |  | DFND |  | 16631 | 0 | 0 |
| SPDR MSCI EMERGING MARKETS S | ETP | 78463X426 |  | 1432924 | 22733 | SH |  | DFND |  | 22733 | 0 | 0 |
| INNOVATOR NASDAQ-100 MF ETF | ETP | 45783Y681 |  | 518887 | 17389 | SH |  | DFND |  | 17389 | 0 | 0 |
| FLEXSHARES DEVELOPED MARKETS | ETP | 33939L647 |  | 1546204 | 49492 | SH |  | DFND |  | 49492 | 0 | 0 |
| FLEXSHARES EMERGING MARKETS | ETP | 33939L639 |  | 1618801 | 58780 | SH |  | DFND |  | 58780 | 0 | 0 |
| QRAFT AI-ENH US LRG CAP ETF | ETP | 30151E798 |  | 366979 | 6461 | SH |  | DFND |  | 6461 | 0 | 0 |
| RAYLIANT QUANTAMENTAL CHINA | ETP | 00774Q197 |  | 421528 | 28162 | SH |  | DFND |  | 28162 | 0 | 0 |
| RAYLIANT QUANTAMENTAL EMERGI | ETP | 00775Y710 |  | 681389 | 25820 | SH |  | DFND |  | 25820 | 0 | 0 |
| ISHARES GLOBAL REIT ETF | ETP | 46434V647 |  | 1638449 | 66334 | SH |  | DFND |  | 66334 | 0 | 0 |
| VANECK RAR EARTH ND STG-USDI | ETP | 92189H805 |  | 216413 | 5333 | SH |  | DFND |  | 5333 | 0 | 0 |
| SIMPLIFY BOND BULL ETF | ETP | 82889N376 |  | 934816 | 19227 | SH |  | DFND |  | 19227 | 0 | 0 |
| INNOVATOR US S CAP MNG F ETF | ETP | 45784N502 |  | 494222 | 19612 | SH |  | DFND |  | 19612 | 0 | 0 |
| RH TACTICAL ROTATION ETF | ETP | 85521B775 |  | 450436 | 27025 | SH |  | DFND |  | 27025 | 0 | 0 |
| FT RAYJA MULTICAP GROWTH ETF | ETP | 33740F359 |  | 582870 | 24026 | SH |  | DFND |  | 24026 | 0 | 0 |
| ROCKEFELLER CA MUNI BND ETF | ETP | 45259A860 |  | 317191 | 13351 | SH |  | DFND |  | 13351 | 0 | 0 |
| ROBO GLOBAL ROBOTICS AND AUT | ETP | 301505707 |  | 2518411 | 42128 | SH |  | DFND |  | 42128 | 0 | 0 |
| FTVESTUSEQEQLWGHTBUFFETFDEC | ETP | 33740U489 |  | 858620 | 41257 | SH |  | DFND |  | 41257 | 0 | 0 |
| FT VST US EQL WT BUF ETF MAR | ETP | 33740U398 |  | 836893 | 40093 | SH |  | DFND |  | 40093 | 0 | 0 |
| RLTIVE STRNGT MNG VOL ST ETF | ETP | 53656G332 |  | 242356 | 9786 | SH |  | DFND |  | 9786 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT | ETP | 46137V357 |  | 33274958 | 183091 | SH |  | DFND |  | 183091 | 0 | 0 |
| FT VEST US EQUI EQ W ETF - S | ETP | 33740F185 |  | 797379 | 38922 | SH |  | DFND |  | 38922 | 0 | 0 |
| XTRACKERS MUNICIPAL INFRASTR | ETP | 233051705 |  | 278307 | 11601 | SH |  | DFND |  | 11601 | 0 | 0 |
| GLOBAL X RUSSELL 2000 COV CL | ETP | 37954Y459 |  | 425799 | 28558 | SH |  | DFND |  | 28558 | 0 | 0 |
| GLOBAL X RUSS 2000 CC  GR | ETP | 37960A776 |  | 588702 | 27769 | SH |  | DFND |  | 27769 | 0 | 0 |
| SIMPLIFY BARRIER INCOME ETF | ETP | 82889N335 |  | 688275 | 26250 | SH |  | DFND |  | 26250 | 0 | 0 |
| SCHWAB EMRG MRKTS EQTY ETF | ETP | 808524706 |  | 388173 | 12879 | SH |  | DFND |  | 12879 | 0 | 0 |
| SCHWAB INTL EQUITY ETF | ETP | 808524805 |  | 90492936 | 4094703 | SH |  | DFND |  | 4094703 | 0 | 0 |
| SCHWAB 5-10 YEAR CORPORATE B | ETP | 808524698 |  | 392291 | 17236 | SH |  | DFND |  | 17236 | 0 | 0 |
| SCHWAB 1-5 YR CORP BND ETF | ETP | 808524714 |  | 485854 | 19583 | SH |  | DFND |  | 19583 | 0 | 0 |
| SCHWAB US MID CAP ETF | ETP | 808524508 |  | 1349794 | 48121 | SH |  | DFND |  | 48121 | 0 | 0 |
| ISHARES MSCI JAPAN SMALL-CAP | ETP | 464286582 |  | 351529 | 4141 | SH |  | DFND |  | 4141 | 0 | 0 |
| SCHWAB HIGH YIELD BOND ETF | ETP | 808524631 |  | 200695 | 7562 | SH |  | DFND |  | 7562 | 0 | 0 |
| GLOBAL X MSCI SUPERDIVIDEND | ETP | 37960A677 |  | 618666 | 22579 | SH |  | DFND |  | 22579 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 SEP | ETP | 00888H687 |  | 856540 | 28390 | SH |  | DFND |  | 28390 | 0 | 0 |
| SPROTT JR. GOLD MINERS ETF | ETP | 85210B201 |  | 2306966 | 46400 | SH |  | DFND |  | 46400 | 0 | 0 |
| SPROTT GOLD MINERS ETF | ETP | 85210B102 |  | 312698 | 6912 | SH |  | DFND |  | 6912 | 0 | 0 |
| GLOBAL X DEFENSE TECH ETF | ETP | 37960A529 |  | 1774121 | 29446 | SH |  | DFND |  | 29446 | 0 | 0 |
| SPDR NUVEEN ICE SH TE MU-USD | ETP | 78468R739 |  | 645035 | 13486 | SH |  | DFND |  | 13486 | 0 | 0 |
| ISHARES 0-5 YR HY CORP BOND | ETP | 46434V407 |  | 3627599 | 84089 | SH |  | DFND |  | 84089 | 0 | 0 |
| GLOBAL X SILVER MINERS ETF | ETP | 37954Y848 |  | 1624484 | 33745 | SH |  | DFND |  | 33745 | 0 | 0 |
| ETC 6 MERIDIAN HEDGED EQUITY | ETP | 301505665 |  | 469583 | 12216 | SH |  | DFND |  | 12216 | 0 | 0 |
| ALLIANZIM US 6M BF10 APR-OCT | ETP | 00888H877 |  | 1486341 | 44891 | SH |  | DFND |  | 44891 | 0 | 0 |
| ALLIANZIM US 6M B10 MAY-NOV | ETP | 00888H653 |  | 867904 | 30557 | SH |  | DFND |  | 30557 | 0 | 0 |
| SPDR BLOOMBERG SHORT TERM HI | ETP | 78468R408 |  | 3209792 | 125973 | SH |  | DFND |  | 125973 | 0 | 0 |
| AMPLIFY SMALL-MID CAP EQ ETF | ETP | 032108490 |  | 566645 | 23317 | SH |  | DFND |  | 23317 | 0 | 0 |
| SCHWAB MBS ETF | ETP | 808524615 |  | 1332004 | 52297 | SH |  | DFND |  | 52297 | 0 | 0 |
| YIELDMAX TARGET 12 SC OI ETF | ETP | 88636R818 |  | 1208590 | 23000 | SH |  | DFND |  | 23000 | 0 | 0 |
| SPDR PORTFOLIO CORPORATE BON | ETP | 78464A144 |  | 3287220 | 112499 | SH |  | DFND |  | 112499 | 0 | 0 |
| ALLIANZIM 6M BUFFER10 ALLOC | ETP | 00888H471 |  | 276490 | 10686 | SH |  | DFND |  | 10686 | 0 | 0 |
| SIMPLIFY US EQUITY PLUS DOWN | ETP | 82889N202 |  | 1683399 | 44281 | SH |  | DFND |  | 44281 | 0 | 0 |
| SPDR PORTFOLIO DEVELOPED WOR | ETP | 78463X889 |  | 1176315 | 29052 | SH |  | DFND |  | 29052 | 0 | 0 |
| SPDR PORTFOLIO EMERGING MARK | ETP | 78463X509 |  | 18607500 | 435365 | SH |  | DFND |  | 435365 | 0 | 0 |
| INVESCO S 500 QUALITY ETF | ETP | 46137V241 |  | 366632 | 5145 | SH |  | DFND |  | 5145 | 0 | 0 |
| SPDR PORT INT CORP BOND ETF | ETP | 78464A375 |  | 1017037 | 30287 | SH |  | DFND |  | 30287 | 0 | 0 |
| SPDR PORTFOLIO S 500 ETF | ETP | 78464A854 |  | 7799637 | 107300 | SH |  | DFND |  | 107300 | 0 | 0 |
| SPDR PORT SHRT TRM CORP BND | ETP | 78464A474 |  | 1750476 | 57982 | SH |  | DFND |  | 57982 | 0 | 0 |
| SPDR PORT LNG TRM TRSRY | ETP | 78464A664 |  | 200306 | 7536 | SH |  | DFND |  | 7536 | 0 | 0 |
| SIMPLIFY US EQUITY PLUS UPSI | ETP | 82889N301 |  | 1862350 | 41654 | SH |  | DFND |  | 41654 | 0 | 0 |
| INNO EP INC DLY PUTWRITE ETF | ETP | 45784N403 |  | 2000364 | 76901 | SH |  | DFND |  | 76901 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 280081908 | 453317 | SH |  | DFND |  | 453317 | 0 | 0 |
| DEFIANCE S 500 TAR INC ETF | ETP | 88636J568 |  | 527002 | 29004 | SH |  | DFND |  | 29004 | 0 | 0 |
| SPDR PORT S 500 VALUE | ETP | 78464A508 |  | 2041417 | 39003 | SH |  | DFND |  | 39003 | 0 | 0 |
| LEADERSHARES EQUITY SKEW ETF | ETP | 90214Q683 |  | 310272 | 9448 | SH |  | DFND |  | 9448 | 0 | 0 |
| SPDR BLACKSTONE SENIOR LOAN | ETP | 78467V608 |  | 2277759 | 54767 | SH |  | DFND |  | 54767 | 0 | 0 |
| ISHARES SHORT-TERM NATIONAL | ETP | 464288158 |  | 3433612 | 32289 | SH |  | DFND |  | 32289 | 0 | 0 |
| SIMPLIFY VOLATILITY PREMIUM | ETP | 82889N863 |  | 981474 | 53370 | SH |  | DFND |  | 53370 | 0 | 0 |
| INVESCO SOLAR ETF | ETP | 46138G706 |  | 313273 | 9144 | SH |  | DFND |  | 9144 | 0 | 0 |
| AMERICAN CENTURY DIVER MUNI | ETP | 025072505 |  | 759100 | 15514 | SH |  | DFND |  | 15514 | 0 | 0 |
| PROSHARES ULTRASHORT 20 PLUS Y TR | ETP | 74347B201 |  | 918359 | 26179 | SH |  | DFND |  | 26179 | 0 | 0 |
| ISHARES US TECH BREAKTHROUGH | ETP | 46436E502 |  | 515494 | 8987 | SH |  | DFND |  | 8987 | 0 | 0 |
| SPDR NUVEEN ICE MUNI BD ETF | ETP | 78468R721 |  | 408551 | 9146 | SH |  | DFND |  | 9146 | 0 | 0 |
| SOFI ENHANCED YIELD ETF | ETP | 886364280 |  | 912180 | 60610 | SH |  | DFND |  | 60610 | 0 | 0 |
| TOEWS AGILITY SHARES DYNAMIC | ETP | 66538J738 |  | 413688 | 18440 | SH |  | DFND |  | 18440 | 0 | 0 |
| FLEXSHARES MORNINGSTAR EMERG | ETP | 33939L308 |  | 493441 | 8416 | SH |  | DFND |  | 8416 | 0 | 0 |
| TWIN OAK SHRT HRZ ABS RTRN | ETP | 56170L661 |  | 316510 | 11373 | SH |  | DFND |  | 11373 | 0 | 0 |
| YIELDMAX TSLA OPTION INC ETF | ETP | 88636J444 |  | 1384896 | 169510 | SH |  | DFND |  | 169510 | 0 | 0 |
| YIELDMAX TSM OPT INC STRAT | ETP | 88636R859 |  | 306842 | 18644 | SH |  | DFND |  | 18644 | 0 | 0 |
| SIM ST TREAS FUT STRAT ETF | ETP | 82889N657 |  | 1660731 | 75385 | SH |  | DFND |  | 75385 | 0 | 0 |
| GLOBAL X INF TECH COV CALL | ETP | 37960A743 |  | 249326 | 7467 | SH |  | DFND |  | 7467 | 0 | 0 |
| FIRST TRUST SMITH UNCONSTRAI | ETP | 33740F888 |  | 235459 | 9460 | SH |  | DFND |  | 9460 | 0 | 0 |
| PROSHARES ULTRA UTILITIES | ETP | 74347R685 |  | 249378 | 3086 | SH |  | DFND |  | 3086 | 0 | 0 |
| FRANKLIN U.S. EQUITY INDEX E | ETP | 35473P405 |  | 251706 | 4630 | SH |  | DFND |  | 4630 | 0 | 0 |
| ADVSHRS STAR GBL BUY-WRITE | ETP | 00768Y768 |  | 478579 | 10379 | SH |  | DFND |  | 10379 | 0 | 0 |
| VANGUARD MID-CAP ETF | ETP | 922908629 |  | 503694 | 1800 | SH |  | DFND |  | 1800 | 0 | 0 |
| VANGUARD S 500 ETF | ETP | 922908363 |  | 32875304 | 57876 | SH |  | DFND |  | 57876 | 0 | 0 |
| VANGUARD FTSE PACIFIC ETF | ETP | 922042866 |  | 254922 | 3102 | SH |  | DFND |  | 3102 | 0 | 0 |
| VANGUARD TOT WORLD STK ETF | ETP | 922042742 |  | 1567558 | 12197 | SH |  | DFND |  | 12197 | 0 | 0 |
| VANGUARD TAX-EXEMPT BOND ETF | ETP | 922907746 |  | 13135970 | 267917 | SH |  | DFND |  | 267917 | 0 | 0 |
| VANGUARD TOTAL STOCK MKT ETF | ETP | 922908769 |  | 1045215 | 3439 | SH |  | DFND |  | 3439 | 0 | 0 |
| DEF S 500 EO 0DTE INC ETF | ETP | 88636J147 |  | 821199 | 23983 | SH |  | DFND |  | 23983 | 0 | 0 |
| PEERLESS OPTION INCOME WHEEL | ETP | 88636J410 |  | 324067 | 16717 | SH |  | DFND |  | 16717 | 0 | 0 |
| YIELDMAX MSTR SHORT OIS  ETF | ETP | 88636R347 |  | 1257587 | 35656 | SH |  | DFND |  | 35656 | 0 | 0 |
| WISDOMTREE EQUITY PREMIUM IN | ETP | 97717X560 |  | 565281 | 17643 | SH |  | DFND |  | 17643 | 0 | 0 |
| WISDOMTREE TRUE EMERGING MAR | ETP | 97717Y535 |  | 285968 | 8308 | SH |  | DFND |  | 8308 | 0 | 0 |
| COLUMBIA EM CORE EX-CHINA ET | ETP | 19762B202 |  | 341560 | 9993 | SH |  | DFND |  | 9993 | 0 | 0 |
| ENERGY SELECT SECTOR SPDR | ETP | 81369Y506 |  | 363580 | 4287 | SH |  | DFND |  | 4287 | 0 | 0 |
| INVESCO S MIDCAP MOMENTUM | ETP | 46137V464 |  | 269093 | 2092 | SH |  | DFND |  | 2092 | 0 | 0 |
| YIELDMAX XOM OPTION INCOME | ETP | 88634T410 |  | 681625 | 54749 | SH |  | DFND |  | 54749 | 0 | 0 |
| RODH S 500 TAR 20 M DI ETF | ETP | 77926X858 |  | 975488 | 17986 | SH |  | DFND |  | 17986 | 0 | 0 |
| GLOBAL X S 500 RISK MANAGE | ETP | 37960A206 |  | 235056 | 13139 | SH |  | DFND |  | 13139 | 0 | 0 |
| WISDMTREE EMERG MKT EX-ST OW | ETP | 97717X578 |  | 3025033 | 87733 | SH |  | DFND |  | 87733 | 0 | 0 |
| SPDR S TRANSPORTATION ETF | ETP | 78464A532 |  | 348082 | 4324 | SH |  | DFND |  | 4324 | 0 | 0 |
| GLOBAL X S 500 TAIL RISK E | ETP | 37960A107 |  | 366781 | 12926 | SH |  | DFND |  | 12926 | 0 | 0 |
| GLOBAL X S 500 COVE CALL E | ETP | 37954Y475 |  | 3824180 | 98207 | SH |  | DFND |  | 98207 | 0 | 0 |
| YIELDMAX BITCOIN OPT STR ETF | ETP | 88636J428 |  | 516674 | 48835 | SH |  | DFND |  | 48835 | 0 | 0 |
| YIELDS FOR YOU INCOME STRATE | ETP | 53656G357 |  | 124006 | 12555 | SH |  | DFND |  | 12555 | 0 | 0 |
| SIMPLIFY GLD STRT INC ETF | ETP | 82889N426 |  | 723871 | 21065 | SH |  | DFND |  | 21065 | 0 | 0 |
| YIELDMAX UNIVERSE FO IN ETFS | ETP | 88636J659 |  | 1659428 | 120598 | SH |  | DFND |  | 120598 | 0 | 0 |
| ADVISORSHARES PURE CANNABIS | ETP | 00768Y495 |  | 975129 | 514716 | SH |  | DFND |  | 514716 | 0 | 0 |
| ZEGA BUY AND HEDGE ETF | ETP | 886364660 |  | 410899 | 19282 | SH |  | DFND |  | 19282 | 0 | 0 |
| URANIUM ENERGY CORP | Common Stock | 916896103 |  | 650311 | 95634 | SH |  | DFND |  | 95634 | 0 | 0 |
| UR-ENERGY INC | Common Stock | 91688R108 |  | 271632 | 258698 | SH |  | DFND |  | 258698 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETP | 464288257 |  | 164384 | 16500 | SH | Call | DFND |  | 0 | 0 | 0 |
| C3.AI INC-A | Common Stock | 12468P104 |  | 219994 | 507500 | SH | Call | DFND |  | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES | Common Stock | 007903107 |  | 11887794 | 942200 | SH | Call | DFND |  | 0 | 0 | 0 |
| ARK INNOVATION ETF | ETP | 00214Q104 |  | 192728 | 39400 | SH | Call | DFND |  | 0 | 0 | 0 |
| XTRACKERS HARVEST CSI 300 CH | ETP | 233051879 |  | 5018 | 62600 | SH | Call | DFND |  | 0 | 0 | 0 |
| PROSHARES BITCOIN ETF-USD | ETP | 74347G440 |  | 336 | 32600 | SH | Call | DFND |  | 0 | 0 | 0 |
| COINBASE GLOBAL INC -CLASS A | Common Stock | 19260Q107 |  | 150896323 | 2548900 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI EMERGING MARKET | ETP | 464287234 |  | 8102711 | 2535700 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETP | 464287465 |  | 39477924 | 3262400 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI JAPAN ETF | ETP | 46434G822 |  | 291435 | 102800 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | ETP | 464287184 |  | 139855 | 137100 | SH | Call | DFND |  | 0 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | ETP | 389637109 |  | 123615 | 85700 | SH | Call | DFND |  | 0 | 0 | 0 |
| GAMESTOP CORP-CLASS A | Common Stock | 36467W109 |  | 9184 | 16400 | SH | Call | DFND |  | 0 | 0 | 0 |
| ROBINHOOD MARKETS INC - A | Common Stock | 770700102 |  | 6584820 | 662100 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | ETP | 46438F101 |  | 622816 | 504700 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI INDIA ETF | ETP | 46429B598 |  | 3925 | 15700 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETP | 464287200 |  | 3051944 | 46100 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETP | 464287655 |  | 58501347 | 2131900 | SH | Call | DFND |  | 0 | 0 | 0 |
| KRANESHARES CSI CHINA INTERN | ETP | 500767306 |  | 527793 | 472000 | SH | Call | DFND |  | 0 | 0 | 0 |
| MARA HOLDINGS INC | Common Stock | 565788106 |  | 1067610 | 1572500 | SH | Call | DFND |  | 0 | 0 | 0 |
| MIDLAND NATIONAL BANK/TEXAS | Common Stock | 597630102 |  | 16881335 | 553400 | SH | Call | DFND |  | 0 | 0 | 0 |
| STRATEGY INC | Common Stock | 594972408 |  | 155507786 | 1917200 | SH | Call | DFND |  | 0 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC-A | Common Stock | 69608A108 |  | 1546774 | 823200 | SH | Call | DFND |  | 0 | 0 | 0 |
| INVESCO QQQ TRUST SERIES 1 | ETP | 46090E103 |  | 216941762 | 1475100 | SH | Call | DFND |  | 0 | 0 | 0 |
| SPDR PORTFOLIO S 500 ETF | ETP | 78464A854 |  | 429979 | 75000 | SH | Call | DFND |  | 0 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 1396717650 | 12647300 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES 20 PLUS  YEAR TREASURY BD | ETP | 464287432 |  | 3487840 | 1650800 | SH | Call | DFND |  | 0 | 0 | 0 |
| TESLA INC | Common Stock | 88160R101 |  | 684923 | 51700 | SH | Call | DFND |  | 0 | 0 | 0 |
| VANGUARD S 500 ETF | ETP | 922908363 |  | 3135526 | 72200 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETP | 464288257 |  | 42382 | 20600 | SH | Put | DFND |  | 20600 | 0 | 0 |
| C3.AI INC-A | Common Stock | 12468P104 |  | 220203 | 189100 | SH | Put | DFND |  | 189100 | 0 | 0 |
| ADVANCED MICRO DEVICES | Common Stock | 007903107 |  | 1330533 | 1074100 | SH | Put | DFND |  | 1074100 | 0 | 0 |
| ARK INNOVATION ETF | ETP | 00214Q104 |  | 36155 | 68600 | SH | Put | DFND |  | 68600 | 0 | 0 |
| PROSHARES BITCOIN ETF-USD | ETP | 74347G440 |  | 15678 | 60500 | SH | Put | DFND |  | 60500 | 0 | 0 |
| COINBASE GLOBAL INC -CLASS A | Common Stock | 19260Q107 |  | 34308894 | 1159400 | SH | Put | DFND |  | 1159400 | 0 | 0 |
| ISHARES MSCI EMERGING MARKET | ETP | 464287234 |  | 2350350 | 4924500 | SH | Put | DFND |  | 4924500 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETP | 464287465 |  | 1182220 | 3238900 | SH | Put | DFND |  | 3238900 | 0 | 0 |
| ISHARES MSCI JAPAN ETF | ETP | 46434G822 |  | 331900 | 290500 | SH | Put | DFND |  | 290500 | 0 | 0 |
| SPDR EURO STOXX 50 ETF | ETP | 78463X202 |  | 19028 | 94400 | SH | Put | DFND |  | 94400 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | ETP | 464287184 |  | 286581 | 318200 | SH | Put | DFND |  | 318200 | 0 | 0 |
| ROBINHOOD MARKETS INC - A | Common Stock | 770700102 |  | 113204 | 175800 | SH | Put | DFND |  | 175800 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | ETP | 46438F101 |  | 252001 | 336200 | SH | Put | DFND |  | 336200 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETP | 464287200 |  | 631670 | 147300 | SH | Put | DFND |  | 147300 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETP | 464287655 |  | 5866829 | 2336500 | SH | Put | DFND |  | 2336500 | 0 | 0 |
| KRANESHARES CSI CHINA INTERN | ETP | 500767306 |  | 27322 | 25100 | SH | Put | DFND |  | 25100 | 0 | 0 |
| MARA HOLDINGS INC | Common Stock | 565788106 |  | 2548735 | 3562200 | SH | Put | DFND |  | 3562200 | 0 | 0 |
| MIDLAND NATIONAL BANK/TEXAS | Common Stock | 597630102 |  | 3054529 | 135700 | SH | Put | DFND |  | 135700 | 0 | 0 |
| STRATEGY INC | Common Stock | 594972408 |  | 11814139 | 2555000 | SH | Put | DFND |  | 2555000 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC-A | Common Stock | 69608A108 |  | 964674 | 499100 | SH | Put | DFND |  | 499100 | 0 | 0 |
| INVESCO QQQ TRUST SERIES 1 | ETP | 46090E103 |  | 25268350 | 3080200 | SH | Put | DFND |  | 3080200 | 0 | 0 |
| SPDR PORTFOLIO S 500 ETF | ETP | 78464A854 |  | 13035 | 12800 | SH | Put | DFND |  | 12800 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 66252718 | 13457200 | SH | Put | DFND |  | 13457200 | 0 | 0 |
| ISHARES 20 PLUS  YEAR TREASURY BD | ETP | 464287432 |  | 9077712 | 2722000 | SH | Put | DFND |  | 2722000 | 0 | 0 |
| TESLA INC | Common Stock | 88160R101 |  | 1225562 | 58900 | SH | Put | DFND |  | 58900 | 0 | 0 |
| VANGUARD S 500 ETF | ETP | 922908363 |  | 294802 | 87000 | SH | Put | DFND |  | 87000 | 0 | 0 |

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