# EDGAR Filing Document

**Accession Number:** 0001022837
**File Stem:** 0000950123-23-001349
**Filing Date:** 2023-2
**Character Count:** 21149
**Document Hash:** ebfa09cf0bd4953b6bc57254b3e55684
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950123-23-001349.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0000950123-23-001349

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUMITOMO MITSUI FINANCIAL GROUP, INC.
- **CENTRAL INDEX KEY:** 0001022837
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17794
- **FILM NUMBER:** 23608430

**BUSINESS ADDRESS:**
- **STREET 1:** 1-2, MARUNOUCHI 1-CHOME
- **STREET 2:** CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-0005
- **BUSINESS PHONE:** 81-3-3282-8111

**MAIL ADDRESS:**
- **STREET 1:** 1-2, MARUNOUCHI 1-CHOME
- **STREET 2:** CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-0005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUMITOMO MITSUI FINANCIAL GROUP/FI
- **DATE OF NAME CHANGE:** 20021226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SUMITOMO BANK LTD TOKYO     /FI
- **DATE OF NAME CHANGE:** 19960913

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** SUMITOMO MITSUI FINANCIAL GROUP INC.<br>**Address:** 1-2 MARUNOUCHI 1-CHOME<br>CHIYODA-KU<br>TOKYO, M0 100-0005

**Form 13F File Number:** 028-17794

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:** Katsuya Fujita<br>**Title:** General Manager Planning Dept Global Markets Busines Unit<br>**Phone:** 81-3-6706-3820

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

/s/ Katsuya Fujita  Tokyo, M0  02-10-2023<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:** 4

**Form 13F Information Table Entry Total:** 170

**Form 13F Information Table Value Total:** $2643829288

      (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.]

| No.   | Name                                 | Form 13F File Number   |
|:---|:---|:---|
|  | Sumitomo Mitsui Banking Corporation  |  |
|  | SMBC Trust Bank Ltd.                 |  |
|  | SMBC Nikko Securities Inc.           |  |
|  | Sumitomo Mitsui Card Company Limited |  |

### 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 |
| META PLATFORMS INC | CL A | 30303M102 |  | 24194183 | 201153 | SH |  | SOLE |  | 157119 | 0 | 44034 |
| AMAZON COM INC | COM | 023135106 |  | 23316776 | 277221 | SH |  | SOLE |  | 167847 | 0 | 109374 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 15021741 | 102804 | SH |  | SOLE |  | 18501 | 0 | 84303 |
| APPLE INC | COM | 037833100 |  | 13067142 | 100584 | SH |  | SOLE |  | 5428 | 0 | 95156 |
| MICROSOFT CORP | COM | 594918104 |  | 16180480 | 67455 | SH |  | SOLE |  | 2875 | 0 | 64580 |
| AMGEN INC | COM | 031162100 |  | 8827772 | 33610 | SH |  | SOLE |  | 850 | 0 | 32760 |
| PFIZER INC | COM | 717081103 |  | 6505293 | 126950 | SH |  | SOLE |  | 4160 | 0 | 122790 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 6526251 | 70282 | SH |  | SOLE |  | 2100 | 0 | 68182 |
| COCA COLA CO | COM | 191216100 |  | 8144313 | 128021 | SH |  | SOLE |  | 2640 | 0 | 125381 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 13801441 | 155544 | SH |  | SOLE |  | 100 | 0 | 155444 |
| AT INC | COM | 00206R102 |  | 2512973 | 136500 | SH |  | SOLE |  | 200 | 0 | 136300 |
| SHOPIFY INC | CL A | 82509L107 |  | 13835472 | 394173 | SH |  | SOLE |  | 394173 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 13539148 | 208873 | SH |  | SOLE |  | 208873 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 11252780 | 100588 | SH |  | SOLE |  | 100588 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 7608692 | 111287 | SH |  | SOLE |  | 111287 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 4006961 | 56788 | SH |  | SOLE |  | 56788 | 0 | 0 |
| BLOCK H  R INC | COM | 093671105 |  | 3797222 | 60350 | SH |  | SOLE |  | 60350 | 0 | 0 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 3542154 | 148518 | SH |  | SOLE |  | 148518 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 2960492 | 53103 | SH |  | SOLE |  | 53103 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 2739730 | 9411 | SH |  | SOLE |  | 9411 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 1863253 | 211493 | SH |  | SOLE |  | 211493 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 1838268 | 12911 | SH |  | SOLE |  | 12911 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1493213 | 29481 | SH |  | SOLE |  | 29481 | 0 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 1458909 | 180558 | SH |  | SOLE |  | 180558 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1362972 | 15634 | SH |  | SOLE |  | 15634 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1114507 | 10658 | SH |  | SOLE |  | 10658 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 943319 | 10665 | SH |  | SOLE |  | 10665 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 838970 | 72701 | SH |  | SOLE |  | 72701 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 642750 | 13360 | SH |  | SOLE |  | 13360 | 0 | 0 |
| ZOOM VIDEO COMMUNICATIONS IN | CL A | 98980L101 |  | 515508 | 7581 | SH |  | SOLE |  | 7581 | 0 | 0 |
| SPLUNK INC | COM | 848637104 |  | 455460 | 5263 | SH |  | SOLE |  | 5263 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 237644 | 1793 | SH |  | SOLE |  | 1793 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 193284 | 1770 | SH |  | SOLE |  | 1770 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 191903 | 1350 | SH |  | SOLE |  | 1350 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 109116 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| RH | COM | 74967X103 |  | 76480 | 285 | SH |  | SOLE |  | 285 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 38782 | 678 | SH |  | SOLE |  | 678 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 4061 | 106 | SH |  | SOLE |  | 106 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | Call | 007903907 |  | 3418466 | 495826 | SH | Call | SOLE |  | 495826 | 0 | 0 |
| AMAZON COM INC | Call | 023135906 |  | 323354 | 113000 | SH | Call | SOLE |  | 113000 | 0 | 0 |
| AMAZON COM INC | Put | 023135956 |  | 133808 | 20000 | SH | Put | SOLE |  | 20000 | 0 | 0 |
| DOCUSIGN INC | Call | 256163906 |  | 87 | 9800 | SH | Call | SOLE |  | 9800 | 0 | 0 |
| MICROSOFT CORP | Call | 594918904 |  | 157575 | 55000 | SH | Call | SOLE |  | 55000 | 0 | 0 |
| MICRON TECHNOLOGY INC | Put | 595112953 |  | 191425 | 95000 | SH | Put | SOLE |  | 95000 | 0 | 0 |
| NETFLIX INC | Call | 64110L906 |  | 224000 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| NVIDIA CORPORATION | Put | 67066G954 |  | 132750 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| OKTA INC | Call | 679295905 |  | 111230 | 11480 | SH | Call | SOLE |  | 11480 | 0 | 0 |
| PAYPAL HLDGS INC | Call | 70450Y903 |  | 99000 | 30000 | SH | Call | SOLE |  | 30000 | 0 | 0 |
| SNAP INC | Call | 83304A906 |  | 2594 | 455000 | SH | Call | SOLE |  | 455000 | 0 | 0 |
| TELADOC HEALTH INC | Call | 87918A905 |  | 47400 | 40000 | SH | Call | SOLE |  | 40000 | 0 | 0 |
| ZOOM VIDEO COMMUNICATIONS IN | Call | 98980L901 |  | 47500 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| ZSCALER INC | Call | 98980G902 |  | 1056930 | 237411 | SH | Call | SOLE |  | 237411 | 0 | 0 |
| ZSCALER INC | Put | 98980G952 |  | 591362 | 20000 | SH | Put | SOLE |  | 20000 | 0 | 0 |
| META PLATFORMS INC | Call | 30303M902 |  | 1198624 | 132362 | SH | Call | SOLE |  | 132362 | 0 | 0 |
| LAS VEGAS SANDS CORP | Call | 517834907 |  | 40355 | 7742 | SH | Call | SOLE |  | 7742 | 0 | 0 |
| NVIDIA CORPORATION | Call | 67066G904 |  | 509 | 2500 | SH | Call | SOLE |  | 2500 | 0 | 0 |
| PALO ALTO NETWORKS INC | Call | 697435905 |  | 2 | 1776 | SH | Call | SOLE |  | 1776 | 0 | 0 |
| BLOCK INC | Call | 852234903 |  | 12025 | 3104 | SH | Call | SOLE |  | 3104 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | Call | 01609W902 |  | 715 | 2008 | SH | Call | SOLE |  | 2008 | 0 | 0 |
| ALPHABET INC | Call | 02079K905 |  | 5253 | 2600 | SH | Call | SOLE |  | 2600 | 0 | 0 |
| VISA INC | Call | 92826C909 |  | 6915 | 5000 | SH | Call | SOLE |  | 5000 | 0 | 0 |
| APPLE INC | Call | 037833900 |  | 533 | 920 | SH | Call | SOLE |  | 920 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | Call | 039483902 |  | 3289 | 1584 | SH | Call | SOLE |  | 1584 | 0 | 0 |
| MCDONALDS CORP | Call | 580135901 |  | 1565 | 316 | SH | Call | SOLE |  | 316 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 8976531 | 29120 | SH |  | SOLE |  | 0 | 0 | 29120 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1098307 | 24128 | SH |  | SOLE |  | 0 | 0 | 24128 |
| BLACKROCK INC | COM | 09247X101 |  | 9135658 | 12892 | SH |  | SOLE |  | 0 | 0 | 12892 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 9590719 | 133297 | SH |  | SOLE |  | 0 | 0 | 133297 |
| BROADCOM INC | COM | 11135F101 |  | 14265643 | 25514 | SH |  | SOLE |  | 0 | 0 | 25514 |
| CISCO SYS INC | COM | 17275R102 |  | 1890212 | 39677 | SH |  | SOLE |  | 0 | 0 | 39677 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3635110 | 7963 | SH |  | SOLE |  | 0 | 0 | 7963 |
| D R HORTON INC | COM | 23331A109 |  | 9577736 | 107446 | SH |  | SOLE |  | 0 | 0 | 107446 |
| EXCHANGE TRADED CONCEPTS TR | EMQQ EM INTERN | 301505889 |  | 43436 | 1461 | SH |  | SOLE |  | 0 | 0 | 1461 |
| FIRST TR EXCHANGE TRADED FD | CLOUD COMPUTING | 33734X192 |  | 2176967 | 37788 | SH |  | SOLE |  | 0 | 0 | 37788 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 1256836 | 32468 | SH |  | SOLE |  | 0 | 0 | 32468 |
| FIRST TR EXCHANGE-TRADED FD | NAS CLNEDG GREEN | 33733E500 |  | 1596674 | 33835 | SH |  | SOLE |  | 0 | 0 | 33835 |
| GENERAL MLS INC | COM | 370334104 |  | 972995 | 11604 | SH |  | SOLE |  | 0 | 0 | 11604 |
| GLOBAL X FDS | MSCI CHINA CNSMR | 37950E408 |  | 177496 | 8800 | SH |  | SOLE |  | 0 | 0 | 8800 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 1297977 | 49008 | SH |  | SOLE |  | 0 | 0 | 49008 |
| GRAINGER W W INC | COM | 384802104 |  | 8673606 | 15593 | SH |  | SOLE |  | 0 | 0 | 15593 |
| HOME DEPOT INC | COM | 437076102 |  | 3693983 | 11695 | SH |  | SOLE |  | 0 | 0 | 11695 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 9261131 | 53115 | SH |  | SOLE |  | 0 | 0 | 53115 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 997298 | 4527 | SH |  | SOLE |  | 0 | 0 | 4527 |
| INTUIT | COM | 461202103 |  | 9045084 | 23239 | SH |  | SOLE |  | 0 | 0 | 23239 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 135085 | 2114 | SH |  | SOLE |  | 0 | 0 | 2114 |
| INVESCO EXCH TRADED FD TR II | TAXABLE MUN BD | 46138G805 |  | 19408967 | 754919 | SH |  | SOLE |  | 0 | 0 | 754919 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 10425395 | 39152 | SH |  | SOLE |  | 0 | 0 | 39152 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 15747 | 563 | SH |  | SOLE |  | 0 | 0 | 563 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 271887 | 5822 | SH |  | SOLE |  | 0 | 0 | 5822 |
| ISHARES INC | MSCI JPN ETF NEW | 46434G822 |  | 173065 | 3179 | SH |  | SOLE |  | 0 | 0 | 3179 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 18946119 | 54446 | SH |  | SOLE |  | 44000 | 0 | 10446 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 2040772 | 15544 | SH |  | SOLE |  | 0 | 0 | 15544 |
| ISHARES TR | U.S.MED DVC ETF | 464288810 |  | 916505 | 17434 | SH |  | SOLE |  | 0 | 0 | 17434 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 5076443 | 223435 | SH |  | SOLE |  | 0 | 0 | 223435 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 884282 | 38938 | SH |  | SOLE |  | 0 | 0 | 38938 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1160654 | 9624 | SH |  | SOLE |  | 0 | 0 | 9624 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 3454510 | 32455 | SH |  | SOLE |  | 0 | 0 | 32455 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 48130221 | 496239 | SH |  | SOLE |  | 0 | 0 | 496239 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1572471 | 41490 | SH |  | SOLE |  | 0 | 0 | 41490 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 64344351 | 610304 | SH |  | SOLE |  | 0 | 0 | 610304 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 3257802 | 32722 | SH |  | SOLE |  | 0 | 0 | 32722 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 41519672 | 433490 | SH |  | SOLE |  | 0 | 0 | 433490 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 10177582 | 125386 | SH |  | SOLE |  | 0 | 0 | 125386 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 2709822 | 10590 | SH |  | SOLE |  | 0 | 0 | 10590 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 6626 | 38 | SH |  | SOLE |  | 0 | 0 | 38 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 4286121 | 50898 | SH |  | SOLE |  | 0 | 0 | 50898 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 6232310 | 134057 | SH |  | SOLE |  | 0 | 0 | 134057 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 1458839 | 17246 | SH |  | SOLE |  | 0 | 0 | 17246 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 43420200 | 589708 | SH |  | SOLE |  | 0 | 0 | 589708 |
| ISHARES TR | MBS ETF | 464288588 |  | 29290821 | 315804 | SH |  | SOLE |  | 0 | 0 | 315804 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 47827051 | 959997 | SH |  | SOLE |  | 0 | 0 | 959997 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 71462 | 622 | SH |  | SOLE |  | 0 | 0 | 622 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 31657778 | 1036940 | SH |  | SOLE |  | 0 | 0 | 1036940 |
| ISHARES TR | US OIL GS EX ETF | 464288851 |  | 577223 | 6247 | SH |  | SOLE |  | 0 | 0 | 6247 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 934517 | 22389 | SH |  | SOLE |  | 0 | 0 | 22389 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 79415 | 1101 | SH |  | SOLE |  | 0 | 0 | 1101 |
| ISHARES TR | CUR HD EURZN ETF | 46434V639 |  | 31391 | 1130 | SH |  | SOLE |  | 0 | 0 | 1130 |
| ISHARES TR | MORTGE REL ETF | 46435G342 |  | 101428 | 4482 | SH |  | SOLE |  | 0 | 0 | 4482 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 102641 | 2196 | SH |  | SOLE |  | 0 | 0 | 2196 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3399629 | 19245 | SH |  | SOLE |  | 0 | 0 | 19245 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 9148168 | 68219 | SH |  | SOLE |  | 0 | 0 | 68219 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1367817 | 10076 | SH |  | SOLE |  | 0 | 0 | 10076 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1598334 | 23981 | SH |  | SOLE |  | 0 | 0 | 23981 |
| OMNICOM GROUP INC | COM | 681919106 |  | 860156 | 10545 | SH |  | SOLE |  | 0 | 0 | 10545 |
| PEPSICO INC | COM | 713448108 |  | 3168415 | 17538 | SH |  | SOLE |  | 0 | 0 | 17538 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 1961606 | 21680 | SH |  | SOLE |  | 0 | 0 | 21680 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3267937 | 21562 | SH |  | SOLE |  | 0 | 0 | 21562 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 |  | 1263949 | 78849 | SH |  | SOLE |  | 0 | 0 | 78849 |
| QUALCOMM INC | COM | 747525103 |  | 11368566 | 103407 | SH |  | SOLE |  | 0 | 0 | 103407 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1245655 | 16490 | SH |  | SOLE |  | 0 | 0 | 16490 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 27131151 | 349268 | SH |  | SOLE |  | 348000 | 0 | 1268 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 7912141 | 106132 | SH |  | SOLE |  | 0 | 0 | 106132 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 28415378 | 830859 | SH |  | SOLE |  | 830000 | 0 | 859 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 1065666 | 22206 | SH |  | SOLE |  | 0 | 0 | 22206 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 4754873 | 67445 | SH |  | SOLE |  | 0 | 0 | 67445 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 41297331 | 243441 | SH |  | SOLE |  | 0 | 0 | 243441 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 39568120 | 103465 | SH |  | SOLE |  | 0 | 0 | 103465 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 5195251 | 41662 | SH |  | SOLE |  | 0 | 0 | 41662 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 1800907 | 21682 | SH |  | SOLE |  | 0 | 0 | 21682 |
| SPDR SER TR | BLOOMBERG SHT TE | 78468R408 |  | 6879966 | 283827 | SH |  | SOLE |  | 0 | 0 | 283827 |
| TEXAS INSTRS INC | COM | 882508104 |  | 3242773 | 19627 | SH |  | SOLE |  | 0 | 0 | 19627 |
| TYSON FOODS INC | CL A | 902494103 |  | 876480 | 14080 | SH |  | SOLE |  | 0 | 0 | 14080 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 14406581 | 27173 | SH |  | SOLE |  | 0 | 0 | 27173 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 589221 | 20559 | SH |  | SOLE |  | 0 | 0 | 20559 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 331795 | 9307 | SH |  | SOLE |  | 0 | 0 | 9307 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 3461753 | 9853 | SH |  | SOLE |  | 0 | 0 | 9853 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 644750 | 7818 | SH |  | SOLE |  | 0 | 0 | 7818 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 200392 | 2325 | SH |  | SOLE |  | 0 | 0 | 2325 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 9915380 | 131871 | SH |  | SOLE |  | 0 | 0 | 131871 |
| VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 |  | 6857206 | 90572 | SH |  | SOLE |  | 0 | 0 | 90572 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 4402025 | 56793 | SH |  | SOLE |  | 0 | 0 | 56793 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 121821 | 1861 | SH |  | SOLE |  | 0 | 0 | 1861 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 |  | 817602 | 3733 | SH |  | SOLE |  | 0 | 0 | 3733 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 2525645 | 10182 | SH |  | SOLE |  | 0 | 0 | 10182 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 43845091 | 137269 | SH |  | SOLE |  | 113659 | 0 | 23610 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1112971 | 28248 | SH |  | SOLE |  | 0 | 0 | 28248 |
| WHIRLPOOL CORP | COM | 963320106 |  | 1357875 | 9599 | SH |  | SOLE |  | 0 | 0 | 9599 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 50719 | 1901 | SH |  | SOLE |  | 0 | 0 | 1901 |
| WISDOMTREE TR | CLOUD COMPUTNG | 97717Y691 |  | 2387842 | 95209 | SH |  | SOLE |  | 0 | 0 | 95209 |
| BLOCK INC | CL A | 852234103 |  | 57054321 | 907930 | SH |  | SOLE |  | 907930 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 79345581 | 471846 | SH |  | SOLE |  | 471846 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 359940000 | 10500000 | SH |  | SOLE |  | 10500000 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 914682806 | 13364740 | SH |  | SOLE |  | 13364740 | 0 | 0 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 1428000 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 29463000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 46042800 | 370000 | SH |  | SOLE |  | 370000 | 0 | 0 |
| VANGUARD WORLD FDS | UTILITIES ETF | 92204A876 |  | 13035600 | 85000 | SH |  | SOLE |  | 85000 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 50943750 | 375000 | SH |  | SOLE |  | 375000 | 0 | 0 |
| INVESCO DB MULTI-SECTOR COMM | AGRICULTURE FD | 46140H106 |  | 12034023 | 597222 | SH |  | SOLE |  | 597222 | 0 | 0 |
| UNITED STS OIL FD LP | UNITS | 91232N207 |  | 59411214 | 847400 | SH |  | SOLE |  | 847400 | 0 | 0 |

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