# EDGAR Filing Document

**Accession Number:** 0001455915
**File Stem:** 0001455915-25-000006
**Filing Date:** 2025-11
**Character Count:** 110599
**Document Hash:** 3a722bebcb3e52a55b1984df4e20b46a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001455915-25-000006.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001455915-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**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:** 251485355

**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:** 09-30-2025

**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  11-14-2025<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:** 1031

**Form 13F Information Table Value Total:** $5012515623

      (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 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 224924351 | 337633 | SH |  | DFND |  | 337633 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | ETP | 464287184 |  | 136967484 | 3329302 | SH |  | DFND |  | 3329302 | 0 | 0 |
| ISHARES 20 PLUS  YEAR TREASURY BD | ETP | 464287432 |  | 102425973 | 1146089 | SH |  | DFND |  | 1146089 | 0 | 0 |
| XTRACKERS HARVEST CSI 300 CH | ETP | 233051879 |  | 95384788 | 2892201 | SH |  | DFND |  | 2892201 | 0 | 0 |
| ISHARES CORE MSCI EMERGING | ETP | 46434G103 |  | 81056880 | 1229625 | SH |  | DFND |  | 1229625 | 0 | 0 |
| SCHWAB INTL EQUITY ETF | ETP | 808524805 |  | 54384547 | 2336106 | SH |  | DFND |  | 2336106 | 0 | 0 |
| JPMORGAN ACTIVEBUILDERS EMER | ETP | 46641Q266 |  | 54173477 | 1139295 | SH |  | DFND |  | 1139295 | 0 | 0 |
| JPMORGAN ULTRA-SHORT INCOME | ETP | 46641Q837 |  | 44778407 | 882681 | SH |  | DFND |  | 882681 | 0 | 0 |
| INVESCO CHINA TECHNOLOGY ETF | ETP | 46138E800 |  | 39725236 | 673195 | SH |  | DFND |  | 673195 | 0 | 0 |
| VANGUARD FTSE DEVELOPED ETF | ETP | 921943858 |  | 39283671 | 655602 | SH |  | DFND |  | 655602 | 0 | 0 |
| ISHARES MSCI CHINA ETF | ETP | 46429B671 |  | 39205312 | 595373 | SH |  | DFND |  | 595373 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETP | 464287655 |  | 38800463 | 160359 | SH |  | DFND |  | 160359 | 0 | 0 |
| FIDELITY ENHANCED INTL ETF | ETP | 31609A404 |  | 32401257 | 918403 | SH |  | DFND |  | 918403 | 0 | 0 |
| ISHARES MSCI INDIA ETF | ETP | 46429B598 |  | 30562760 | 587068 | SH |  | DFND |  | 587068 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | ETP | 389637109 |  | 27326795 | 304409 | SH |  | DFND |  | 304409 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C540 |  | 26557984 | 632032 | SH |  | DFND |  | 632032 | 0 | 0 |
| ISHARES MSCI HONG KONG ETF | ETP | 464286871 |  | 24002023 | 1113783 | SH |  | DFND |  | 1113783 | 0 | 0 |
| AVANTIS EMERGING MARKETS EQ | ETP | 025072604 |  | 23268552 | 309793 | SH |  | DFND |  | 309793 | 0 | 0 |
| ISHARES CORE MSCI DEV MKTS | ETP | 46435G326 |  | 22000972 | 274429 | SH |  | DFND |  | 274429 | 0 | 0 |
| DIAGEO PLC-SPONSORED ADR | ADR | G42089113 |  | 21971898 | 230241 | SH |  | DFND |  | 230241 | 0 | 0 |
| VANGUARD TAX-EXEMPT BOND ETF | ETP | 922907746 |  | 19576819 | 390989 | SH |  | DFND |  | 390989 | 0 | 0 |
| WISDOMTREE INDIA EARNINGS | ETP | 97717W422 |  | 18495843 | 418458 | SH |  | DFND |  | 418458 | 0 | 0 |
| PROSHARES ETHER ETF-USD INC | ETP | 74349Y100 |  | 16758705 | 246960 | SH |  | DFND |  | 246960 | 0 | 0 |
| RYANAIR HOLDINGS PLC-SP ADR | ADR | G7727C186 |  | 16627464 | 276112 | SH |  | DFND |  | 276112 | 0 | 0 |
| GOLDMAN SACHS ACTIVEBETA INT | ETP | 381430107 |  | 15629446 | 380186 | SH |  | DFND |  | 380186 | 0 | 0 |
| ISHARES MSCI BRAZIL ETF | ETP | 464286400 |  | 14339453 | 462563 | SH |  | DFND |  | 462563 | 0 | 0 |
| CAP GROUP NEW GEOGRAPHY EQ | ETP | 14021N105 |  | 14037499 | 454288 | SH |  | DFND |  | 454288 | 0 | 0 |
| TENARIS SA-ADR | ADR | L90272136 |  | 13938030 | 389657 | SH |  | DFND |  | 389657 | 0 | 0 |
| VANGUARD INT-TERM CORPORATE | ETP | 92206C870 |  | 13707070 | 162966 | SH |  | DFND |  | 162966 | 0 | 0 |
| VANECK RAR EARTH ND STG-USDI | ETP | 92189H805 |  | 13300905 | 202080 | SH |  | DFND |  | 202080 | 0 | 0 |
| DIMENSIONAL EMRG MRKT CORE | ETP | 25434V732 |  | 12140034 | 378548 | SH |  | DFND |  | 378548 | 0 | 0 |
| ISHARES MSCI PACIFIC EX JAPA | ETP | 464286665 |  | 11980223 | 232355 | SH |  | DFND |  | 232355 | 0 | 0 |
| HDFC BANK LTD-ADR | ADR | 666997770 |  | 11974924 | 350554 | SH |  | DFND |  | 350554 | 0 | 0 |
| ISHARES 7-10 YEAR TREASURY B | ETP | 464287440 |  | 11639442 | 120666 | SH |  | DFND |  | 120666 | 0 | 0 |
| PDD HOLDINGS INC | ADR | 9HH7D0BE5 |  | 11628448 | 87981 | SH |  | DFND |  | 87981 | 0 | 0 |
| CAP GROUP GROWTH EQUITY | ETP | 14020G101 |  | 11363904 | 258741 | SH |  | DFND |  | 258741 | 0 | 0 |
| SAP SE-SPONSORED ADR | ADR | D66992104 |  | 11176058 | 41825 | SH |  | DFND |  | 41825 | 0 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | ETP | 315948109 |  | 10997065 | 110180 | SH |  | DFND |  | 110180 | 0 | 0 |
| YIELDMAX MSTR OPTION IS ETF | ETP | 88634T493 |  | 10820940 | 775139 | SH |  | DFND |  | 775139 | 0 | 0 |
| BP PLC-SPONS ADR | ADR | G12793108 |  | 10692317 | 310282 | SH |  | DFND |  | 310282 | 0 | 0 |
| JPMORGAN BETABUILDERS EM EQT | ETP | 46654Q807 |  | 10584292 | 167182 | SH |  | DFND |  | 167182 | 0 | 0 |
| DIMENSIONAL EMERGING CORE EQ | ETP | 25434V302 |  | 10301229 | 326712 | SH |  | DFND |  | 326712 | 0 | 0 |
| GRAYSCALE BITCOIN MINI ETF | ETP | 389930207 |  | 10212324 | 201705 | SH |  | DFND |  | 201705 | 0 | 0 |
| KE HOLDINGS INC-ADR | ADR | G5223Y108 |  | 10018016 | 527264 | SH |  | DFND |  | 527264 | 0 | 0 |
| SPDR S EMERGING MKTS SMALL | ETP | 78463X756 |  | 9984221 | 148376 | SH |  | DFND |  | 148376 | 0 | 0 |
| CAP GROUP INTL EQUITY | ETP | 14021M107 |  | 9805472 | 290791 | SH |  | DFND |  | 290791 | 0 | 0 |
| INN US EQ ACC 9 BUFF JULY | ETP | 45783Y889 |  | 9713740 | 259408 | SH |  | DFND |  | 259408 | 0 | 0 |
| AMPLIFY JUNIOR SILVER MINERS | ETP | 032108649 |  | 9226648 | 399595 | SH |  | DFND |  | 399595 | 0 | 0 |
| SANOFI-ADR | ADR | F5548N101 |  | 9077504 | 192320 | SH |  | DFND |  | 192320 | 0 | 0 |
| ISHARES MSCI EAFE GROWTH ETF | ETP | 464288885 |  | 9001872 | 79047 | SH |  | DFND |  | 79047 | 0 | 0 |
| ARK FINTECH INNOVATION ETF | ETP | 00214Q708 |  | 8776281 | 154512 | SH |  | DFND |  | 154512 | 0 | 0 |
| INVESCO S 500; EMERGING MARKETS | ETP | 46138E297 |  | 8663647 | 325493 | SH |  | DFND |  | 325493 | 0 | 0 |
| JOHN HANCOCK MULTI EM MRK ET | ETP | 47804J834 |  | 8520861 | 269179 | SH |  | DFND |  | 269179 | 0 | 0 |
| FIDELITY ETHEREUM FUND | ETP | 31613E103 |  | 8425550 | 202781 | SH |  | DFND |  | 202781 | 0 | 0 |
| ICICI BANK LTD-SPON ADR | ADR | 449991348 |  | 8310529 | 274910 | SH |  | DFND |  | 274910 | 0 | 0 |
| DIMENSIONAL WORLD EX US CORE | ETP | 25434V880 |  | 8235618 | 262448 | SH |  | DFND |  | 262448 | 0 | 0 |
| SS SPDR BB HIGH YIELD BOND | ETP | 78468R622 |  | 8078001 | 82437 | SH |  | DFND |  | 82437 | 0 | 0 |
| ISHARES MSCI INTERNATIONAL V | ETP | 46435G409 |  | 8033452 | 226422 | SH |  | DFND |  | 226422 | 0 | 0 |
| SMITH PLC -SPON ADR | ADR | G82343164 |  | 7944715 | 218923 | SH |  | DFND |  | 218923 | 0 | 0 |
| INNOVATOR G100 PB ETF-SEP | ETP | 45784N205 |  | 7935683 | 276794 | SH |  | DFND |  | 276794 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL SM | ETP | 25434V773 |  | 7624063 | 241039 | SH |  | DFND |  | 241039 | 0 | 0 |
| VANGUARD TOTAL INTL BOND ETF | ETP | 92203J407 |  | 7503329 | 151705 | SH |  | DFND |  | 151705 | 0 | 0 |
| FIRST TRUST EMERGING MARKETS | ETP | 33737J307 |  | 7492357 | 169589 | SH |  | DFND |  | 169589 | 0 | 0 |
| BILIBILI INC-SPONSORED ADR | ADR | G1098A101 |  | 7424748 | 264320 | SH |  | DFND |  | 264320 | 0 | 0 |
| CAP GROUP CORE EQUITY | ETP | 14020V108 |  | 7149306 | 180812 | SH |  | DFND |  | 180812 | 0 | 0 |
| FIRST TRUST SENIOR LOAN ETF | ETP | 33738D309 |  | 7061652 | 154050 | SH |  | DFND |  | 154050 | 0 | 0 |
| VANGUARD FTSE PACIFIC ETF | ETP | 922042866 |  | 7049862 | 80258 | SH |  | DFND |  | 80258 | 0 | 0 |
| ISHARES IBOXX INVESTMENT GRA | ETP | 464287242 |  | 6885947 | 61774 | SH |  | DFND |  | 61774 | 0 | 0 |
| FRANKLIN FTSE INDIA ETF | ETP | 35473P769 |  | 6835443 | 183305 | SH |  | DFND |  | 183305 | 0 | 0 |
| SPDR S EMERGING ASIA PACIF | ETP | 78463X301 |  | 6783607 | 48797 | SH |  | DFND |  | 48797 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETP | 464287200 |  | 6733827 | 10061 | SH |  | DFND |  | 10061 | 0 | 0 |
| BITWISE BITCOIN ETF | ETP | 09174C104 |  | 6673530 | 107257 | SH |  | DFND |  | 107257 | 0 | 0 |
| C3.AI INC-A | Common Stock | 12468P104 |  | 6659617 | 384061 | SH |  | DFND |  | 384061 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT | ETP | 46137V357 |  | 6390993 | 33690 | SH |  | DFND |  | 33690 | 0 | 0 |
| DEFIANCE QUANTUM ETF | ETP | 26922A420 |  | 6325023 | 60290 | SH |  | DFND |  | 60290 | 0 | 0 |
| GOLD FIELDS LTD-SPONS ADR | ADR | S31755101 |  | 6322574 | 150681 | SH |  | DFND |  | 150681 | 0 | 0 |
| DXN DAILY NVDA BEAR 1X | ETP | 25461A197 |  | 6264777 | 159979 | SH |  | DFND |  | 159979 | 0 | 0 |
| STMICROELECTRONICS NV-NY SHS | NY Reg Shrs | N83574108 |  | 6226130 | 220316 | SH |  | DFND |  | 220316 | 0 | 0 |
| ISHARES MSCI GLOBAL METALS | ETP | 46434G848 |  | 6206904 | 139481 | SH |  | DFND |  | 139481 | 0 | 0 |
| AEGON LTD-NY REG SHR | NY Reg Shrs | G0112X105 |  | 6112973 | 765078 | SH |  | DFND |  | 765078 | 0 | 0 |
| VANGUARD CORE TAX-EX BOND | ETP | 922907712 |  | 6088477 | 80910 | SH |  | DFND |  | 80910 | 0 | 0 |
| TRIP.COM GROUP LTD-ADR | ADR | G9066F101 |  | 6035777 | 80263 | SH |  | DFND |  | 80263 | 0 | 0 |
| GLOBAL X S 500 COVE CALL E | ETP | 37954Y475 |  | 5937054 | 151224 | SH |  | DFND |  | 151224 | 0 | 0 |
| ISHARES MSCI GERMANY ETF | ETP | 464286806 |  | 5876746 | 141234 | SH |  | DFND |  | 141234 | 0 | 0 |
| PRUDENTIAL PLC-ADR | ADR | G72899100 |  | 5810919 | 207607 | SH |  | DFND |  | 207607 | 0 | 0 |
| JPMORGAN CORE PLUS BOND ETF | ETP | 46641Q670 |  | 5778561 | 121526 | SH |  | DFND |  | 121526 | 0 | 0 |
| GDS HOLDINGS LTD - ADR | ADR | 9HH43KXH8 |  | 5663861 | 146353 | SH |  | DFND |  | 146353 | 0 | 0 |
| ASML HOLDING NV-NY REG SHS | NY Reg Shrs | N07059202 |  | 5646868 | 5833 | SH |  | DFND |  | 5833 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL VA | ETP | 25434V807 |  | 5633373 | 122146 | SH |  | DFND |  | 122146 | 0 | 0 |
| JPMORGAN BETABUILDERS EUROPE | ETP | 46641Q191 |  | 5519933 | 79298 | SH |  | DFND |  | 79298 | 0 | 0 |
| SCHWAB MUNICIPAL BOND ETF | ETP | 808524649 |  | 5385296 | 210281 | SH |  | DFND |  | 210281 | 0 | 0 |
| JANUS HENDERSON B-BBB CLO ET | ETP | 47103U753 |  | 5300578 | 110039 | SH |  | DFND |  | 110039 | 0 | 0 |
| YLD MAX HOOD OPT IN STRA ETF | ETP | 88636R404 |  | 5261982 | 69511 | SH |  | DFND |  | 69511 | 0 | 0 |
| JPM INTERNTL VALUE ETF | ETP | 46654Q757 |  | 5239847 | 69494 | SH |  | DFND |  | 69494 | 0 | 0 |
| KRANESHARES BOSERA MSCI CHIN | ETP | 500767405 |  | 5165274 | 171775 | SH |  | DFND |  | 171775 | 0 | 0 |
| GLOBAL X SILVER MINERS ETF | ETP | 37954Y848 |  | 5161084 | 72052 | SH |  | DFND |  | 72052 | 0 | 0 |
| SCHWAB US AGGREGATE BOND ETF | ETP | 808524839 |  | 5091229 | 216925 | SH |  | DFND |  | 216925 | 0 | 0 |
| JPMORGAN BETABUILDERS JAPAN | ETP | 46641Q217 |  | 5076331 | 76543 | SH |  | DFND |  | 76543 | 0 | 0 |
| ISHARES MSCI EAFE MIN VOL FA | ETP | 46429B689 |  | 5059770 | 59646 | SH |  | DFND |  | 59646 | 0 | 0 |
| RAYLIANT-CHINAAMC TR C T ETF | ETP | 754640100 |  | 5035824 | 196858 | SH |  | DFND |  | 196858 | 0 | 0 |
| ISHARES RUSSELL 1000 ETF | ETP | 464287622 |  | 5007076 | 13700 | SH |  | DFND |  | 13700 | 0 | 0 |
| ISHARES EMERGING MARKETS EQU | ETP | 46434G889 |  | 5000540 | 88380 | SH |  | DFND |  | 88380 | 0 | 0 |
| YIELDMAX TSLA OPTION INC ETF | ETP | 88636J444 |  | 4979417 | 528040 | SH |  | DFND |  | 528040 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL SM | ETP | 25434V781 |  | 4858622 | 136134 | SH |  | DFND |  | 136134 | 0 | 0 |
| BANCO BILBAO VIZCAYA-SP ADR | ADR | E11805103 |  | 4800276 | 249365 | SH |  | DFND |  | 249365 | 0 | 0 |
| VIPSHOP HOLDINGS LTD - ADR | ADR | 9HH2D8688 |  | 4753488 | 242031 | SH |  | DFND |  | 242031 | 0 | 0 |
| ARK 21SHARES BITCOIN ETF | ETP | 040919102 |  | 4713339 | 123970 | SH |  | DFND |  | 123970 | 0 | 0 |
| FULL TRUCK ALLIANCE -SPN ADR | ADR | 9HH7CUSI3 |  | 4704945 | 362756 | SH |  | DFND |  | 362756 | 0 | 0 |
| ISHARES MSCI EAFE SMALL-CAP | ETP | 464288273 |  | 4627980 | 60323 | SH |  | DFND |  | 60323 | 0 | 0 |
| ASTRAZENECA PLC-SPONS ADR | ADR | G0593M107 |  | 4575504 | 59639 | SH |  | DFND |  | 59639 | 0 | 0 |
| FIRST TRUST RIVERFRONT DYNAM | ETP | 33739P707 |  | 4568513 | 60239 | SH |  | DFND |  | 60239 | 0 | 0 |
| ISHARES MSCI AUSTRALIA ETF | ETP | 464286103 |  | 4561272 | 168936 | SH |  | DFND |  | 168936 | 0 | 0 |
| VANGUARD TOTAL STOCK MKT ETF | ETP | 922908769 |  | 4534981 | 13819 | SH |  | DFND |  | 13819 | 0 | 0 |
| CAP GROUP DIVIDEND GROWERS | ETP | 14021L109 |  | 4525879 | 130617 | SH |  | DFND |  | 130617 | 0 | 0 |
| ISHARES MSCI THAILAND ETF | ETP | 464286624 |  | 4509325 | 76572 | SH |  | DFND |  | 76572 | 0 | 0 |
| SPDR S CHINA ETF | ETP | 78463X400 |  | 4492191 | 42795 | SH |  | DFND |  | 42795 | 0 | 0 |
| ISHARES ESG AWARE MSCI USA | ETP | 46435G425 |  | 4343830 | 29834 | SH |  | DFND |  | 29834 | 0 | 0 |
| FLEXSHARES DEVELOPED MARKETS | ETP | 33939L647 |  | 4292919 | 138220 | SH |  | DFND |  | 138220 | 0 | 0 |
| JPMORGAN MUNICIPAL ETF | ETP | 46641Q647 |  | 4292624 | 85053 | SH |  | DFND |  | 85053 | 0 | 0 |
| CAP GROUP INTL CORE EQ | ETP | 14021T102 |  | 4271898 | 138653 | SH |  | DFND |  | 138653 | 0 | 0 |
| PROSHARES ULTRAPRO QQQ | ETP | 74347X831 |  | 4239503 | 41001 | SH |  | DFND |  | 41001 | 0 | 0 |
| VANGUARD S 500 ETF | ETP | 922908363 |  | 4226034 | 6901 | SH |  | DFND |  | 6901 | 0 | 0 |
| ISHARES MSCI INTERNATIONAL Q | ETP | 46434V456 |  | 4110995 | 93030 | SH |  | DFND |  | 93030 | 0 | 0 |
| FT CORE INVESTMENT GRADE ETF | ETP | 33738D788 |  | 4023455 | 188806 | SH |  | DFND |  | 188806 | 0 | 0 |
| ARGENX SE - ADR | ADR | N0610Q109 |  | 4016014 | 5445 | SH |  | DFND |  | 5445 | 0 | 0 |
| VANGUARD GLBL EX-US REAL EST | ETP | 922042676 |  | 4012212 | 84043 | SH |  | DFND |  | 84043 | 0 | 0 |
| FRANKLIN FTSE CHINA ETF | ETP | 35473P819 |  | 4009519 | 154153 | SH |  | DFND |  | 154153 | 0 | 0 |
| SS SPDR P ST C CORP ETF | ETP | 78464A474 |  | 4001339 | 132101 | SH |  | DFND |  | 132101 | 0 | 0 |
| SCHWAB INTERNATIONAL DVD ETF | ETP | 808524672 |  | 3932191 | 140737 | SH |  | DFND |  | 140737 | 0 | 0 |
| SS SPDR P ST C CORP ETF | ETP | 78464A474 |  | 3930218 | 129753 | SH |  | DFND |  | 129753 | 0 | 0 |
| GOLDMAN SACHS MARKETBETA EME | ETP | 381430164 |  | 3892743 | 70089 | SH |  | DFND |  | 70089 | 0 | 0 |
| COLUMBIA EM CORE EX-CHINA ET | ETP | 19762B202 |  | 3879426 | 106783 | SH |  | DFND |  | 106783 | 0 | 0 |
| VANECK URANI  NUCLR ETF-USD | ETP | 92189F601 |  | 3857072 | 28434 | SH |  | DFND |  | 28434 | 0 | 0 |
| MATTHEWS EM DISCOVERY | ETP | 577125743 |  | 3837330 | 143277 | SH |  | DFND |  | 143277 | 0 | 0 |
| FIRST TRUST GLOBAL WIND ENER | ETP | 33736G106 |  | 3827613 | 199248 | SH |  | DFND |  | 199248 | 0 | 0 |
| RENTOKIL INITIAL PLC-SP ADR | ADR | G7494G105 |  | 3804367 | 150668 | SH |  | DFND |  | 150668 | 0 | 0 |
| PIMCO INTERMEDIATE MUNICIPAL | ETP | 72201R866 |  | 3788888 | 72473 | SH |  | DFND |  | 72473 | 0 | 0 |
| VODAFONE GROUP PLC-SP ADR | ADR | G93882192 |  | 3779952 | 325858 | SH |  | DFND |  | 325858 | 0 | 0 |
| JPM DIVERSIFIED RET EM EQUIT | ETP | 46641Q308 |  | 3761690 | 63762 | SH |  | DFND |  | 63762 | 0 | 0 |
| SS SPDR P AGG BOND ETF | ETP | 78464A649 |  | 3704408 | 143304 | SH |  | DFND |  | 143304 | 0 | 0 |
| ISHARES MSCI POLAND ETF | ETP | 46429B606 |  | 3681909 | 114345 | SH |  | DFND |  | 114345 | 0 | 0 |
| ISHARES MSCI EMG MKT MIN VOL | ETP | 464286533 |  | 3590628 | 56253 | SH |  | DFND |  | 56253 | 0 | 0 |
| ISHARES MSCI INDIA SMALL-CAP | ETP | 46429B614 |  | 3586358 | 50005 | SH |  | DFND |  | 50005 | 0 | 0 |
| ING GROEP N.V.-SPONSORED ADR | ADR | N4578E595 |  | 3553973 | 136272 | SH |  | DFND |  | 136272 | 0 | 0 |
| INFOSYS LTD-SP ADR | ADR | Y4082C133 |  | 3460140 | 212670 | SH |  | DFND |  | 212670 | 0 | 0 |
| TAL EDUCATION GROUP- ADR | ADR | 9HH0U18X1 |  | 3457988 | 308749 | SH |  | DFND |  | 308749 | 0 | 0 |
| JPM ULTRA-SHORT MUNI INCOME | ETP | 46641Q654 |  | 3423967 | 67084 | SH |  | DFND |  | 67084 | 0 | 0 |
| GLOBAL X CYBERSECURITY ETF | ETP | 37954Y384 |  | 3369688 | 95757 | SH |  | DFND |  | 95757 | 0 | 0 |
| PEARSON PLC-SPONSORED ADR | ADR | G69651100 |  | 3368522 | 237890 | SH |  | DFND |  | 237890 | 0 | 0 |
| VANGUARD FTSE EMERGING MARKE | ETP | 922042858 |  | 3364523 | 62099 | SH |  | DFND |  | 62099 | 0 | 0 |
| JPMORGAN BETABUILDERS CANADA | ETP | 46641Q225 |  | 3349457 | 38398 | SH |  | DFND |  | 38398 | 0 | 0 |
| VANGUARD HIGH-YIELD ACT ETF | ETP | 922031687 |  | 3335820 | 44321 | SH |  | DFND |  | 44321 | 0 | 0 |
| VANGUARD FTSE EUROPE ETF | ETP | 922042874 |  | 3328537 | 41711 | SH |  | DFND |  | 41711 | 0 | 0 |
| MATTHEWS PACIFIC TIGER ETF | ETP | 577130578 |  | 3292089 | 98737 | SH |  | DFND |  | 98737 | 0 | 0 |
| SCHWAB FNDMN INTL LRG CO ETF | ETP | 808524755 |  | 3220840 | 74973 | SH |  | DFND |  | 74973 | 0 | 0 |
| CAP GROUP CONSERVATIVE EQ | ETP | 14020U100 |  | 3160586 | 104968 | SH |  | DFND |  | 104968 | 0 | 0 |
| AVANTIS INTL S/C VALUE ETF | ETP | 025072802 |  | 3137773 | 35244 | SH |  | DFND |  | 35244 | 0 | 0 |
| GLOBAL X COPPER MINERS ETF | ETP | 37954Y830 |  | 3134103 | 52401 | SH |  | DFND |  | 52401 | 0 | 0 |
| KANZHUN LTD - ADR | ADR | 9HH5FTJP1 |  | 3117392 | 133450 | SH |  | DFND |  | 133450 | 0 | 0 |
| INVESCO S INTERNATIONAL DE | ETP | 46138E214 |  | 3116023 | 92601 | SH |  | DFND |  | 92601 | 0 | 0 |
| ISHARES MSCI ALL COUNTRY ASI | ETP | 464288182 |  | 3097922 | 33961 | SH |  | DFND |  | 33961 | 0 | 0 |
| GLOBAL X MSCI CHINA CONSUMER | ETP | 37950E408 |  | 3090127 | 127744 | SH |  | DFND |  | 127744 | 0 | 0 |
| HSBC HOLDINGS PLC-SPONS ADR | ADR | G4634U169 |  | 3080815 | 43404 | SH |  | DFND |  | 43404 | 0 | 0 |
| ISHARES GLOBAL CLEAN ENERGY | ETP | 464288224 |  | 3076123 | 198716 | SH |  | DFND |  | 198716 | 0 | 0 |
| HARMONY GOLD MNG-SPON ADR | ADR | S34320101 |  | 3059255 | 168554 | SH |  | DFND |  | 168554 | 0 | 0 |
| XTRACKERS EMERG MARK CARB RE | ETP | 233051192 |  | 3016349 | 83117 | SH |  | DFND |  | 83117 | 0 | 0 |
| FT VEST S 500 DVD ARST TRG | ETP | 33739Q705 |  | 3013432 | 61112 | SH |  | DFND |  | 61112 | 0 | 0 |
| ANHEUSER-BUSCH INBEV-SPN ADR | ADR | B639CJ108 |  | 3011199 | 50515 | SH |  | DFND |  | 50515 | 0 | 0 |
| YIELDMAX PLTR OPTION INC ETF | ETP | 88636R800 |  | 3010839 | 46129 | SH |  | DFND |  | 46129 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C573 |  | 3004893 | 73183 | SH |  | DFND |  | 73183 | 0 | 0 |
| PACER EMERGING MARKETS CASH | ETP | 69374H865 |  | 2940973 | 120330 | SH |  | DFND |  | 120330 | 0 | 0 |
| JPM BETABUILDERS INTL EQTY | ETP | 46641Q373 |  | 2935221 | 41854 | SH |  | DFND |  | 41854 | 0 | 0 |
| CAP GROUP INTL FOCUS | ETP | 14019W109 |  | 2924204 | 98724 | SH |  | DFND |  | 98724 | 0 | 0 |
| INVESCO S INTERNATIONAL DE | ETP | 46138E222 |  | 2877774 | 53302 | SH |  | DFND |  | 53302 | 0 | 0 |
| ISHARES MSCI CHINA A ETF | ETP | 46434V514 |  | 2872369 | 83645 | SH |  | DFND |  | 83645 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C409 |  | 2867984 | 54097 | SH |  | DFND |  | 54097 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740F862 |  | 2867560 | 55241 | SH |  | DFND |  | 55241 | 0 | 0 |
| FIRST TRUST EMERGING MARKETS | ETP | 33737J182 |  | 2846611 | 105041 | SH |  | DFND |  | 105041 | 0 | 0 |
| SS SPDR P HIGH YIELD ETF | ETP | 78468R606 |  | 2835621 | 118447 | SH |  | DFND |  | 118447 | 0 | 0 |
| ROYAL GOLD INC | Common Stock | 780287108 |  | 2826372 | 14091 | SH |  | DFND |  | 14091 | 0 | 0 |
| CLEARBRIDGE LARGE CAP GROWTH | ETP | 524682200 |  | 2807572 | 33683 | SH |  | DFND |  | 33683 | 0 | 0 |
| STRIVE EM MARKETS EX-CHINA | ETP | 02072L698 |  | 2763661 | 84043 | SH |  | DFND |  | 84043 | 0 | 0 |
| ISHARES EMERGING MARKETS DIV | ETP | 464286319 |  | 2763307 | 93072 | SH |  | DFND |  | 93072 | 0 | 0 |
| QFIN HOLDINGS INC-ADR | ADR | 9HH5DS2Y4 |  | 2686181 | 93335 | SH |  | DFND |  | 93335 | 0 | 0 |
| YIELDMAX COIN OPTION IS ETF | ETP | 88634T824 |  | 2653100 | 385625 | SH |  | DFND |  | 385625 | 0 | 0 |
| EQUINOR ASA-SPON ADR | ADR | R2R90P103 |  | 2616437 | 107319 | SH |  | DFND |  | 107319 | 0 | 0 |
| VANECK SEMICONDUCTOR ETF | ETP | 92189F676 |  | 2597172 | 7958 | SH |  | DFND |  | 7958 | 0 | 0 |
| DR. REDDY'S LABORATORIES-ADR | ADR | 128994662 |  | 2587264 | 185069 | SH |  | DFND |  | 185069 | 0 | 0 |
| ISHARES MSCI EMERGING MKT SM | ETP | 464286475 |  | 2553755 | 37605 | SH |  | DFND |  | 37605 | 0 | 0 |
| ROUNDHILL INNOVATION-100 0DT | ETP | 77926X304 |  | 2542587 | 71421 | SH |  | DFND |  | 71421 | 0 | 0 |
| DIR DAILY TSLA BEAR 1X ETF | ETP | 25460G260 |  | 2537966 | 471741 | SH |  | DFND |  | 471741 | 0 | 0 |
| SIMPLIFY NATIONAL MUNI BND | ETP | 82889N442 |  | 2485180 | 98501 | SH |  | DFND |  | 98501 | 0 | 0 |
| VANECK INDIA GROWTH LEADERS | ETP | 92189F767 |  | 2467448 | 55262 | SH |  | DFND |  | 55262 | 0 | 0 |
| AMPLIFY ALTERNAT HARVEST ETF | ETP | 032108474 |  | 2439456 | 65261 | SH |  | DFND |  | 65261 | 0 | 0 |
| AMPLIFY SEYMOUR CANNABIS ETF | ETP | 032108482 |  | 2417761 | 81764 | SH |  | DFND |  | 81764 | 0 | 0 |
| ADVISORSHARES PURE CANNABIS | ETP | 00768Y495 |  | 2395758 | 678685 | SH |  | DFND |  | 678685 | 0 | 0 |
| DIREXION DAILY TSLA BULL 2X | ETP | 25460G286 |  | 2372932 | 112408 | SH |  | DFND |  | 112408 | 0 | 0 |
| INNOVATOR US EQY ACC 9 BUFF | ETP | 45783Y848 |  | 2367153 | 72168 | SH |  | DFND |  | 72168 | 0 | 0 |
| FLEXSHARES EMERGING MARKETS | ETP | 33939L639 |  | 2318683 | 80281 | SH |  | DFND |  | 80281 | 0 | 0 |
| BONDBLOXX-JPM USD EM MK 1-10 | ETP | 09789C879 |  | 2308678 | 52806 | SH |  | DFND |  | 52806 | 0 | 0 |
| INVESCO BULLETSHARES 2031 HY | ETP | 46139W817 |  | 2294054 | 85631 | SH |  | DFND |  | 85631 | 0 | 0 |
| ISHARES MSCI EAFE VALUE ETF | ETP | 464288877 |  | 2279969 | 33613 | SH |  | DFND |  | 33613 | 0 | 0 |
| VANECK BITCOIN ETF | ETP | 92189K105 |  | 2253372 | 69613 | SH |  | DFND |  | 69613 | 0 | 0 |
| YIELDMAX NVDA OPTION INC ETF | ETP | 88634T774 |  | 2247285 | 133767 | SH |  | DFND |  | 133767 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740U406 |  | 2245313 | 51298 | SH |  | DFND |  | 51298 | 0 | 0 |
| TRADR 2X LONG CRWV DAILY ETF | ETP | 46143U526 |  | 2230129 | 109213 | SH |  | DFND |  | 109213 | 0 | 0 |
| ISHARES MSCI EUROPE FINANCIA | ETP | 464289180 |  | 2197382 | 63989 | SH |  | DFND |  | 63989 | 0 | 0 |
| SPDR MSCI EMERGING MARKETS S | ETP | 78463X426 |  | 2180579 | 32895 | SH |  | DFND |  | 32895 | 0 | 0 |
| FIRST TRUST BBG EMER MKT DEM | ETP | 33734X754 |  | 2170794 | 76690 | SH |  | DFND |  | 76690 | 0 | 0 |
| NT 2045 TAX-EXM DIST LDR ETF | ETP | 665162160 |  | 2159926 | 21126 | SH |  | DFND |  | 21126 | 0 | 0 |
| INVESCO S EMERGING MARKETS | ETP | 46138E289 |  | 2157856 | 120047 | SH |  | DFND |  | 120047 | 0 | 0 |
| TELEFONICA SA-SPON ADR | ADR | 879382109 |  | 2156744 | 424556 | SH |  | DFND |  | 424556 | 0 | 0 |
| FRANKLIN FTSE ASIA EX JAPAN | ETP | 35473P660 |  | 2147828 | 74378 | SH |  | DFND |  | 74378 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C557 |  | 2135808 | 44561 | SH |  | DFND |  | 44561 | 0 | 0 |
| VANECK INDONESIA INDEX ETF | ETP | 92189F833 |  | 2122302 | 131820 | SH |  | DFND |  | 131820 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740F664 |  | 2110679 | 44426 | SH |  | DFND |  | 44426 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C433 |  | 2074936 | 43914 | SH |  | DFND |  | 43914 | 0 | 0 |
| HALEON PLC-ADR | ADR | G4232K100 |  | 2070984 | 230879 | SH |  | DFND |  | 230879 | 0 | 0 |
| INNOV INTL DEV PB ETF - JUNE | ETP | 45783Y285 |  | 2067889 | 72813 | SH |  | DFND |  | 72813 | 0 | 0 |
| SIMPLIFY BARRIER INCOME ETF | ETP | 82889N335 |  | 2064377 | 78613 | SH |  | DFND |  | 78613 | 0 | 0 |
| KRANESHARES MSCI E-MKT EX-CH | ETP | 500767769 |  | 2057316 | 59448 | SH |  | DFND |  | 59448 | 0 | 0 |
| VANGUARD NY TAX-EX BOND | ETP | 92204H400 |  | 2048300 | 19898 | SH |  | DFND |  | 19898 | 0 | 0 |
| SIM ST TREAS FUT STRAT ETF | ETP | 82889N657 |  | 2033844 | 92997 | SH |  | DFND |  | 92997 | 0 | 0 |
| NIO INC - ADR | ADR | G6525F102 |  | 2026500 | 265945 | SH |  | DFND |  | 265945 | 0 | 0 |
| VANGUARD LONG-TERM BOND ETF | ETP | 921937793 |  | 2006259 | 28317 | SH |  | DFND |  | 28317 | 0 | 0 |
| VANGUARD RUSSELL 1000 GROWTH | ETP | 92206C680 |  | 2000300 | 16600 | SH |  | DFND |  | 16600 | 0 | 0 |
| INVESCO S 500 EW INCOME AD | ETP | 46090A697 |  | 1997960 | 39122 | SH |  | DFND |  | 39122 | 0 | 0 |
| DEFIANCE NASDAQ 100 ENH OPT | ETP | 88636J154 |  | 1990753 | 77401 | SH |  | DFND |  | 77401 | 0 | 0 |
| GLOBAL X 1-3 MONTH T-BILL | ETP | 37960A438 |  | 1977872 | 19696 | SH |  | DFND |  | 19696 | 0 | 0 |
| ROUNDHI S 500 0DTE CCS ETF | ETP | 77926X205 |  | 1969519 | 44524 | SH |  | DFND |  | 44524 | 0 | 0 |
| JPM NASDAQ EQUITY PREMIUM | ETP | 46654Q203 |  | 1962179 | 34113 | SH |  | DFND |  | 34113 | 0 | 0 |
| RAYLIANT QUANTAMENTAL CHINA | ETP | 00774Q197 |  | 1939785 | 105371 | SH |  | DFND |  | 105371 | 0 | 0 |
| FRANKLIN CLEARBRIDGE ENHANCE | ETP | 524682309 |  | 1934494 | 35422 | SH |  | DFND |  | 35422 | 0 | 0 |
| SEA LTD-ADR | ADR | 9HH3MCIE1 |  | 1930998 | 10804 | SH |  | DFND |  | 10804 | 0 | 0 |
| XTRACKERS MSCI EMERGING MARK | ETP | 233051226 |  | 1918012 | 55482 | SH |  | DFND |  | 55482 | 0 | 0 |
| INNOVATOR U.S. SMALL CAP POW | ETP | 45782C474 |  | 1897936 | 47031 | SH |  | DFND |  | 47031 | 0 | 0 |
| ISHARES SEMICONDUCTOR ETF | ETP | 464287523 |  | 1897840 | 7000 | SH |  | DFND |  | 7000 | 0 | 0 |
| ALPS EMERGING SECTOR DIVIDEN | ETP | 00162Q668 |  | 1864405 | 80826 | SH |  | DFND |  | 80826 | 0 | 0 |
| KRANESHARES MSCI ALL CHINA H | ETP | 500767835 |  | 1840605 | 87899 | SH |  | DFND |  | 87899 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C508 |  | 1839859 | 40176 | SH |  | DFND |  | 40176 | 0 | 0 |
| REX OSPREY SOL STAKING ETF | ETP | 26923N249 |  | 1821024 | 56907 | SH |  | DFND |  | 56907 | 0 | 0 |
| INNOVATOR US EQTY ACCEL PL | ETP | 45783Y400 |  | 1820146 | 45911 | SH |  | DFND |  | 45911 | 0 | 0 |
| VANGUARD INTERMEDIATE-TERM T | ETP | 92206C706 |  | 1810204 | 30155 | SH |  | DFND |  | 30155 | 0 | 0 |
| XPENG INC - ADR | ADR | G982AW100 |  | 1800529 | 76880 | SH |  | DFND |  | 76880 | 0 | 0 |
| OKLO INC | Common Stock | 02156V109 |  | 1797466 | 16102 | SH |  | DFND |  | 16102 | 0 | 0 |
| VANGUARD HEALTH CARE ETF | ETP | 92204A504 |  | 1787346 | 6885 | SH |  | DFND |  | 6885 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F482 |  | 1776269 | 44296 | SH |  | DFND |  | 44296 | 0 | 0 |
| INNOVATOR GROWTH 100 POWER B | ETP | 45782C334 |  | 1766638 | 33554 | SH |  | DFND |  | 33554 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 MAR | ETP | 00888H810 |  | 1760644 | 46696 | SH |  | DFND |  | 46696 | 0 | 0 |
| WISDOMTREE US EFFICIENT CORE | ETP | 97717Y790 |  | 1742155 | 32310 | SH |  | DFND |  | 32310 | 0 | 0 |
| PIMCO ACTIVE BOND EXCHANGE-T | ETP | 72201R775 |  | 1741257 | 18653 | SH |  | DFND |  | 18653 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 NOV | ETP | 00888H851 |  | 1732199 | 47928 | SH |  | DFND |  | 47928 | 0 | 0 |
| JPMORGAN HEDGED EQUITY ETF | ETP | 46654Q724 |  | 1730040 | 26616 | SH |  | DFND |  | 26616 | 0 | 0 |
| COLUMBIA RESEARCH ENHANCED E | ETP | 19762B509 |  | 1724463 | 65025 | SH |  | DFND |  | 65025 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U661 |  | 1723434 | 42491 | SH |  | DFND |  | 42491 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F367 |  | 1707244 | 46317 | SH |  | DFND |  | 46317 | 0 | 0 |
| AXS GREEN ALPHA ETF | ETP | 46144X586 |  | 1671947 | 43495 | SH |  | DFND |  | 43495 | 0 | 0 |
| UNILEVER PLC-SPONSORED ADR | ADR | G92087165 |  | 1662211 | 28040 | SH |  | DFND |  | 28040 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C698 |  | 1658237 | 33848 | SH |  | DFND |  | 33848 | 0 | 0 |
| INNOVATOR GRW 100 ACCL PLUS | ETP | 45783Y509 |  | 1652578 | 37800 | SH |  | DFND |  | 37800 | 0 | 0 |
| ISHARES MSCI BIC ETF | ETP | 464286657 |  | 1610775 | 35613 | SH |  | DFND |  | 35613 | 0 | 0 |
| ISHA CURR HEDGED MSCI EAFE | ETP | 46434V803 |  | 1607017 | 40571 | SH |  | DFND |  | 40571 | 0 | 0 |
| ALPHA ARCHITECT AGG BOND ETF | ETP | 02072Q408 |  | 1599002 | 15284 | SH |  | DFND |  | 15284 | 0 | 0 |
| FMQQ THE NEXT FRON INT-USD I | ETP | 301505590 |  | 1596483 | 105966 | SH |  | DFND |  | 105966 | 0 | 0 |
| ALPS INTERNATIONAL SECTOR DI | ETP | 00162Q718 |  | 1586478 | 44564 | SH |  | DFND |  | 44564 | 0 | 0 |
| KRANESHARES MSCI CHINA CLEAN | ETP | 500767850 |  | 1585028 | 49828 | SH |  | DFND |  | 49828 | 0 | 0 |
| SIMPLIFY US EQTY PLUS UP | ETP | 82889N301 |  | 1571661 | 31308 | SH |  | DFND |  | 31308 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C565 |  | 1556953 | 41552 | SH |  | DFND |  | 41552 | 0 | 0 |
| APTUS LG CAP ENH YIELD ETF | ETP | 26922B535 |  | 1554011 | 42518 | SH |  | DFND |  | 42518 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C730 |  | 1552644 | 42317 | SH |  | DFND |  | 42317 | 0 | 0 |
| INVESCO DORSEY WRIGHT TECH | ETP | 46137V811 |  | 1544196 | 20640 | SH |  | DFND |  | 20640 | 0 | 0 |
| ISHARES ESG MSCI EM LEADERS | ETP | 46436E601 |  | 1541325 | 26154 | SH |  | DFND |  | 26154 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740U505 |  | 1531659 | 31106 | SH |  | DFND |  | 31106 | 0 | 0 |
| FLEXSHARES GLOBAL QUALITY RE | ETP | 33939L787 |  | 1519783 | 24931 | SH |  | DFND |  | 24931 | 0 | 0 |
| ISHARES MSCI BRAZIL SMALL-CA | ETP | 464289131 |  | 1519228 | 109297 | SH |  | DFND |  | 109297 | 0 | 0 |
| INNO EP INC DLY PUTWRITE ETF | ETP | 45784N403 |  | 1517407 | 56198 | SH |  | DFND |  | 56198 | 0 | 0 |
| YM SMCI OPT INCOME STRAT ETF | ETP | 88636R867 |  | 1517211 | 98265 | SH |  | DFND |  | 98265 | 0 | 0 |
| ISHARES CYBERSECURITY  TECH | ETP | 46435U135 |  | 1516157 | 28973 | SH |  | DFND |  | 28973 | 0 | 0 |
| ISHARES ESG ADV MSCI EM ETF | ETP | 46436E742 |  | 1508697 | 33324 | SH |  | DFND |  | 33324 | 0 | 0 |
| JH SECURITIZED INCOME ETF | ETP | 47103U746 |  | 1505166 | 28796 | SH |  | DFND |  | 28796 | 0 | 0 |
| EMERGING MARKETS EQTY SELECT | ETP | 33738R779 |  | 1493040 | 27613 | SH |  | DFND |  | 27613 | 0 | 0 |
| FT VEST U.S. EQUITY MODERATE | ETP | 33740F441 |  | 1492412 | 36877 | SH |  | DFND |  | 36877 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F672 |  | 1489340 | 34473 | SH |  | DFND |  | 34473 | 0 | 0 |
| YIELDMAX ULTRA OPTION INC | ETP | 88636J527 |  | 1483939 | 271287 | SH |  | DFND |  | 271287 | 0 | 0 |
| BITWISE COIN INCOME STRAT | ETP | 091748608 |  | 1479467 | 42908 | SH |  | DFND |  | 42908 | 0 | 0 |
| PROSHARES MSCI EMERGING MARK | ETP | 74347B847 |  | 1479327 | 32745 | SH |  | DFND |  | 32745 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 JUN | ETP | 00888H745 |  | 1463132 | 41148 | SH |  | DFND |  | 41148 | 0 | 0 |
| INTERCONTINENTAL HOTELS-ADR | ADR | G4804L163 |  | 1457060 | 12016 | SH |  | DFND |  | 12016 | 0 | 0 |
| INNOVATOR US EQUITY ACCEL OC | ETP | 45782C110 |  | 1456197 | 42943 | SH |  | DFND |  | 42943 | 0 | 0 |
| VANECK ENERGY INCOME ETF | ETP | 92189H870 |  | 1455784 | 14681 | SH |  | DFND |  | 14681 | 0 | 0 |
| INVESCO BULLETSHARES 2030 MB | ETP | 46138J445 |  | 1454041 | 66334 | SH |  | DFND |  | 66334 | 0 | 0 |
| FIRST TRUST SWITZERLAND | ETP | 33737J232 |  | 1450526 | 18882 | SH |  | DFND |  | 18882 | 0 | 0 |
| INNOVATOR US EQY ACCEL PL-OC | ETP | 45783Y830 |  | 1438653 | 44106 | SH |  | DFND |  | 44106 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U679 |  | 1422707 | 38787 | SH |  | DFND |  | 38787 | 0 | 0 |
| ISHARES CALIFORNIA MUNI BOND | ETP | 464288356 |  | 1414820 | 24804 | SH |  | DFND |  | 24804 | 0 | 0 |
| WISDOMTREE INTL QLTY DVD GRW | ETP | 97717X131 |  | 1410316 | 35364 | SH |  | DFND |  | 35364 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F516 |  | 1408714 | 33807 | SH |  | DFND |  | 33807 | 0 | 0 |
| FT VEST US EQ MAX BUF JAN | ETP | 33740U455 |  | 1408537 | 43438 | SH |  | DFND |  | 43438 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 MAR | ETP | 00888H778 |  | 1404015 | 41774 | SH |  | DFND |  | 41774 | 0 | 0 |
| SS DOUBLELINE EM FI ETF | ETP | 78470P309 |  | 1398637 | 31856 | SH |  | DFND |  | 31856 | 0 | 0 |
| AVANTIS EMG MKT EX CHINA ETF | ETP | 02507A101 |  | 1396435 | 23301 | SH |  | DFND |  | 23301 | 0 | 0 |
| SPDR MSCI EM FSL FL RSV FREE | ETP | 78470E205 |  | 1394212 | 33329 | SH |  | DFND |  | 33329 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F714 |  | 1386613 | 29819 | SH |  | DFND |  | 29819 | 0 | 0 |
| INVESCO DORSEY WRIGHT INDUS | ETP | 46137V845 |  | 1386293 | 8024 | SH |  | DFND |  | 8024 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C417 |  | 1380973 | 34794 | SH |  | DFND |  | 34794 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C292 |  | 1378806 | 38439 | SH |  | DFND |  | 38439 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C813 |  | 1377439 | 30207 | SH |  | DFND |  | 30207 | 0 | 0 |
| GLOBAL X NASDAQ 100 COLLAR 9 | ETP | 37960A602 |  | 1377322 | 42774 | SH |  | DFND |  | 42774 | 0 | 0 |
| INN US SML CP POW B ETF - NO | ETP | 45784N866 |  | 1375972 | 49838 | SH |  | DFND |  | 49838 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740F763 |  | 1375867 | 24950 | SH |  | DFND |  | 24950 | 0 | 0 |
| AMPLIFY BLCKSWN GROW TRSRY | ETP | 032108888 |  | 1350058 | 41948 | SH |  | DFND |  | 41948 | 0 | 0 |
| ROUNDHILL BRKB WEEKLYPAY ETF | ETP | 77926X627 |  | 1348718 | 28280 | SH |  | DFND |  | 28280 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740F649 |  | 1347687 | 43312 | SH |  | DFND |  | 43312 | 0 | 0 |
| NEOS NASDAQ-100 HIGH INC ETF | ETP | 78433H675 |  | 1342967 | 24778 | SH |  | DFND |  | 24778 | 0 | 0 |
| NUSCALE POWER CORP | Common Stock | 67079K100 |  | 1337364 | 37149 | SH |  | DFND |  | 37149 | 0 | 0 |
| KRANESHARES MSCI ONE BELT ON | ETP | 500767868 |  | 1335278 | 52616 | SH |  | DFND |  | 52616 | 0 | 0 |
| BARCLAYS PLC-SPONS ADR | ADR | G08036124 |  | 1327489 | 64223 | SH |  | DFND |  | 64223 | 0 | 0 |
| DUOLINGO | Common Stock | 26603R106 |  | 1322762 | 4110 | SH |  | DFND |  | 4110 | 0 | 0 |
| ISHARES PREFERRED  INCOME S | ETP | 464288687 |  | 1322221 | 41816 | SH |  | DFND |  | 41816 | 0 | 0 |
| NEOS NDQ-100 HG EQ INC ETF | ETP | 78433H576 |  | 1313380 | 24144 | SH |  | DFND |  | 24144 | 0 | 0 |
| PACER SWAN SOS FLEX JULY ETF | ETP | 69374H469 |  | 1304664 | 40193 | SH |  | DFND |  | 40193 | 0 | 0 |
| NATWEST GROUP PLC -SPON ADR | ADR | G6422B147 |  | 1300031 | 91875 | SH |  | DFND |  | 91875 | 0 | 0 |
| CAP GROUP MUNICIPAL INCOME | ETP | 14020Y201 |  | 1289507 | 47252 | SH |  | DFND |  | 47252 | 0 | 0 |
| VANGUARD US MOMENTUM FACTOR | ETP | 921935508 |  | 1289246 | 6729 | SH |  | DFND |  | 6729 | 0 | 0 |
| VANGUARD LT TAX-EX BOND | ETP | 922907688 |  | 1285625 | 12500 | SH |  | DFND |  | 12500 | 0 | 0 |
| INNOV INTL DEV PB ETF - MAY | ETP | 45783Y293 |  | 1275877 | 43937 | SH |  | DFND |  | 43937 | 0 | 0 |
| INVESCO S 500 DOWNSIDE HED | ETP | 46090A705 |  | 1273192 | 34185 | SH |  | DFND |  | 34185 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U687 |  | 1273154 | 33461 | SH |  | DFND |  | 33461 | 0 | 0 |
| MITSUBISHI UFJ FINL-SPON ADR | ADR | J44497105 |  | 1269668 | 79653 | SH |  | DFND |  | 79653 | 0 | 0 |
| TEMPUS AI INC | Common Stock | 88023B103 |  | 1267308 | 15702 | SH |  | DFND |  | 15702 | 0 | 0 |
| RELX PLC - SPON ADR | ADR | G7493L105 |  | 1265257 | 26492 | SH |  | DFND |  | 26492 | 0 | 0 |
| SIMPLIFY ENHANCED INCOME ETF | ETP | 82889N632 |  | 1261291 | 54625 | SH |  | DFND |  | 54625 | 0 | 0 |
| ROUNDHILL BITCOIN CC STR ETF | ETP | 77926X502 |  | 1257120 | 28067 | SH |  | DFND |  | 28067 | 0 | 0 |
| STKD 100 NVDA  100 AMD ETF | ETP | 88636R412 |  | 1256820 | 30272 | SH |  | DFND |  | 30272 | 0 | 0 |
| YIELDMAX CVNA OPTN IN ST ETF | ETP | 88636R206 |  | 1253139 | 31103 | SH |  | DFND |  | 31103 | 0 | 0 |
| XTRACKERS MSCI EAFE HEDGED E | ETP | 233051200 |  | 1251715 | 26965 | SH |  | DFND |  | 26965 | 0 | 0 |
| INNOVATOR G-100 PB ETF - NOV | ETP | 45784N874 |  | 1250667 | 43860 | SH |  | DFND |  | 43860 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP SEP | ETP | 00888H554 |  | 1245906 | 43716 | SH |  | DFND |  | 43716 | 0 | 0 |
| YIELDMAX BITCOIN OPT STR ETF | ETP | 88636J428 |  | 1237779 | 124026 | SH |  | DFND |  | 124026 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F730 |  | 1223556 | 27607 | SH |  | DFND |  | 27607 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C391 |  | 1221865 | 23682 | SH |  | DFND |  | 23682 | 0 | 0 |
| FT USEQ UNCPPDACCL ETF - JAN | ETP | 33740U430 |  | 1213956 | 36069 | SH |  | DFND |  | 36069 | 0 | 0 |
| INVESCO BULLETSHARES 2026 HY | ETP | 46138J635 |  | 1194403 | 51032 | SH |  | DFND |  | 51032 | 0 | 0 |
| SIMPLIFY TARGET 15 DISTR ETF | ETP | 82889N350 |  | 1187066 | 44617 | SH |  | DFND |  | 44617 | 0 | 0 |
| KRANESHARES H HDG EQ IDX ETF | ETP | 500767389 |  | 1179570 | 41639 | SH |  | DFND |  | 41639 | 0 | 0 |
| AXS KNOWLEDGE LEADERS ETF | ETP | 46144X396 |  | 1177339 | 23318 | SH |  | DFND |  | 23318 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F433 |  | 1176897 | 30270 | SH |  | DFND |  | 30270 | 0 | 0 |
| INNOVATOR U.S. SMALL CAP POW | ETP | 45782C342 |  | 1175590 | 34374 | SH |  | DFND |  | 34374 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F631 |  | 1174241 | 27862 | SH |  | DFND |  | 27862 | 0 | 0 |
| MATTHEWS CHINA ACTIVE ETF | ETP | 577125834 |  | 1174189 | 38779 | SH |  | DFND |  | 38779 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F854 |  | 1165351 | 26712 | SH |  | DFND |  | 26712 | 0 | 0 |
| SNOWFLAKE INC | Common Stock | 833445109 |  | 1158199 | 5135 | SH |  | DFND |  | 5135 | 0 | 0 |
| WISDOMTREE TRUE EMERGING MAR | ETP | 97717Y535 |  | 1157640 | 33424 | SH |  | DFND |  | 33424 | 0 | 0 |
| INNOVATOR EQ DEF PROT 2YJ26 | ETP | 45783Y418 |  | 1156382 | 42046 | SH |  | DFND |  | 42046 | 0 | 0 |
| ISHARES IBONDS DEC 2026 TERM | ETP | 46435U259 |  | 1142075 | 44508 | SH |  | DFND |  | 44508 | 0 | 0 |
| INNOVATOR INDEX AC IN ST ETF | ETP | 45784N585 |  | 1141125 | 45436 | SH |  | DFND |  | 45436 | 0 | 0 |
| ROUNDHILL HOOD WEEKLYPAY ETF | ETP | 77926X635 |  | 1140603 | 14085 | SH |  | DFND |  | 14085 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C748 |  | 1140472 | 27715 | SH |  | DFND |  | 27715 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 DEC | ETP | 00888H794 |  | 1135812 | 34429 | SH |  | DFND |  | 34429 | 0 | 0 |
| JOYY INC-ADR | ADR | 9HH7D0AJ5 |  | 1134572 | 19358 | SH |  | DFND |  | 19358 | 0 | 0 |
| MATTHEWS EM SUSTAINABLE | ETP | 577130628 |  | 1133807 | 38769 | SH |  | DFND |  | 38769 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 NOV | ETP | 00888H844 |  | 1133454 | 34053 | SH |  | DFND |  | 34053 | 0 | 0 |
| FT RAYJA MULTICAP GROWTH ETF | ETP | 33740F359 |  | 1132781 | 43247 | SH |  | DFND |  | 43247 | 0 | 0 |
| KRANESHARES ELECTRIC VEHICLE | ETP | 500767827 |  | 1130819 | 37198 | SH |  | DFND |  | 37198 | 0 | 0 |
| INNOVATOR UNCAPPED ACC US EQ | ETP | 45783Y699 |  | 1118005 | 24051 | SH |  | DFND |  | 24051 | 0 | 0 |
| ROUNDHILL TSLA WEEKLYPAY ETF | ETP | 77926X692 |  | 1114732 | 27389 | SH |  | DFND |  | 27389 | 0 | 0 |
| MARKETDSK FOCUSED US DVD ETF | ETP | 02072L417 |  | 1098382 | 40888 | SH |  | DFND |  | 40888 | 0 | 0 |
| DIMENSIONAL EMRG MRKT VAL | ETP | 25434V740 |  | 1095421 | 34350 | SH |  | DFND |  | 34350 | 0 | 0 |
| CAP GROUP SHORT MUNI INCOME | ETP | 14020Y607 |  | 1092332 | 41439 | SH |  | DFND |  | 41439 | 0 | 0 |
| MADISON COVERED CALL ETF | ETP | 557441409 |  | 1091861 | 58798 | SH |  | DFND |  | 58798 | 0 | 0 |
| INNO INT DEV POWER BUFF DEC | ETP | 45783Y426 |  | 1084596 | 34904 | SH |  | DFND |  | 34904 | 0 | 0 |
| ROUNDHILL RUSSELL 2000 0DTE | ETP | 77926X825 |  | 1080779 | 32291 | SH |  | DFND |  | 32291 | 0 | 0 |
| INNOVATOR US EQY ACCEL 9 BUF | ETP | 45783Y301 |  | 1075330 | 28401 | SH |  | DFND |  | 28401 | 0 | 0 |
| ELDRIDGE AAA CLO ETF | ETP | 81752T486 |  | 1074732 | 42031 | SH |  | DFND |  | 42031 | 0 | 0 |
| YLDMX CRYP IN  T P OP I ETF | ETP | 88636R727 |  | 1069780 | 29293 | SH |  | DFND |  | 29293 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C326 |  | 1065765 | 24321 | SH |  | DFND |  | 24321 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C383 |  | 1063719 | 24225 | SH |  | DFND |  | 24225 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F615 |  | 1061044 | 26025 | SH |  | DFND |  | 26025 | 0 | 0 |
| MATTHEWS EM EX CHINA ACTIVE | ETP | 577125792 |  | 1052900 | 30201 | SH |  | DFND |  | 30201 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI ETF | ETP | 38964R203 |  | 1047555 | 26737 | SH |  | DFND |  | 26737 | 0 | 0 |
| BEONE MEDICINES LTD-ADR | ADR | H0743H114 |  | 1044245 | 3065 | SH |  | DFND |  | 3065 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F334 |  | 1039646 | 28394 | SH |  | DFND |  | 28394 | 0 | 0 |
| SIMPLIFY AGGREGATE BOND ETF | ETP | 82889N723 |  | 1038772 | 50158 | SH |  | DFND |  | 50158 | 0 | 0 |
| SS SPDR P S 500 VALUE ETF | ETP | 78464A508 |  | 1036939 | 18741 | SH |  | DFND |  | 18741 | 0 | 0 |
| CAP GROUP CORE PLUS INCOME | ETP | 14020Y102 |  | 1034100 | 45515 | SH |  | DFND |  | 45515 | 0 | 0 |
| GOLDMAN SACHS ACTIVEBETA EM | ETP | 381430206 |  | 1033279 | 25369 | SH |  | DFND |  | 25369 | 0 | 0 |
| THEMES GENERAT ARTIF INTEL | ETP | 882927502 |  | 1026583 | 23469 | SH |  | DFND |  | 23469 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 JUN | ETP | 00888H737 |  | 1025166 | 31271 | SH |  | DFND |  | 31271 | 0 | 0 |
| YIELDMAX MARA OPTN IN ST ETF | ETP | 88636R602 |  | 1024230 | 54307 | SH |  | DFND |  | 54307 | 0 | 0 |
| VANECK VIETNAM ETF | ETP | 92189F817 |  | 1021625 | 57266 | SH |  | DFND |  | 57266 | 0 | 0 |
| INVESCO BULLETSHARES 2025 HY | ETP | 46138J817 |  | 1020820 | 44268 | SH |  | DFND |  | 44268 | 0 | 0 |
| INNOVATOR EQTY MGD FLOOR ETF | ETP | 45783Y673 |  | 1020549 | 28325 | SH |  | DFND |  | 28325 | 0 | 0 |
| DIMENSIONAL GLBL CORE PL FIX | ETP | 25434V583 |  | 1017931 | 18318 | SH |  | DFND |  | 18318 | 0 | 0 |
| QUADRATIC INT RTE VOL INFL H | ETP | 500767736 |  | 1017829 | 52792 | SH |  | DFND |  | 52792 | 0 | 0 |
| CARNIVAL PLC-ADR | ADR | G19081101 |  | 1013418 | 38329 | SH |  | DFND |  | 38329 | 0 | 0 |
| VANECK BRAZIL SMALL-CAP ETF | ETP | 92189F825 |  | 1011944 | 62150 | SH |  | DFND |  | 62150 | 0 | 0 |
| SPDR EURO STOXX 50 ETF | ETP | 78463X202 |  | 1009077 | 16244 | SH |  | DFND |  | 16244 | 0 | 0 |
| REX CRYPTO EQUITY PR INC ETF | ETP | 26923N439 |  | 1008608 | 24764 | SH |  | DFND |  | 24764 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U695 |  | 1005727 | 26249 | SH |  | DFND |  | 26249 | 0 | 0 |
| FT VEST BTC FLOOR 15 ETF-APR | ETP | 33733E773 |  | 1002880 | 41263 | SH |  | DFND |  | 41263 | 0 | 0 |
| ISHARES INTERNATIONAL SELECT | ETP | 464288448 |  | 1001433 | 27399 | SH |  | DFND |  | 27399 | 0 | 0 |
| ISHARES LG CAP MAX BUFF JUN | ETP | 46438G612 |  | 1001051 | 35689 | SH |  | DFND |  | 35689 | 0 | 0 |
| FT VEST US EQ MAX BUF FEB | ETP | 33740U422 |  | 1000950 | 33471 | SH |  | DFND |  | 33471 | 0 | 0 |
| INVESCO QQQ INCOME ADV ETF | ETP | 46090A689 |  | 999359 | 18992 | SH |  | DFND |  | 18992 | 0 | 0 |
| INOVATR E D PRCT ETF - 1 MAR | ETP | 45784N742 |  | 999042 | 36892 | SH |  | DFND |  | 36892 | 0 | 0 |
| YIELDMAX RUS2000 CC STRA ETF | ETP | 88636R552 |  | 995785 | 22445 | SH |  | DFND |  | 22445 | 0 | 0 |
| NEOS RUSSELL 2000 HIGH INC | ETP | 78433H634 |  | 993893 | 20461 | SH |  | DFND |  | 20461 | 0 | 0 |
| CIA DE MINAS BUENAVENTUR-ADR | ADR | P66805147 |  | 992736 | 40803 | SH |  | DFND |  | 40803 | 0 | 0 |
| NORTH TRUST 2035 T-E D L ETF | ETP | 665162178 |  | 986137 | 9748 | SH |  | DFND |  | 9748 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740U786 |  | 985803 | 24584 | SH |  | DFND |  | 24584 | 0 | 0 |
| YLDMX MRNA OPT INC STRTG ETF | ETP | 88634T469 |  | 983410 | 555599 | SH |  | DFND |  | 555599 | 0 | 0 |
| YLDM TART 12 SMICD OPT I ETF | ETP | 88636R750 |  | 983175 | 18743 | SH |  | DFND |  | 18743 | 0 | 0 |
| INNOV PREM INC 20 BARR - JAN | ETP | 45783Y657 |  | 980916 | 39625 | SH |  | DFND |  | 39625 | 0 | 0 |
| FT VEST US EQ MAX BUF NOV | ETP | 33740U521 |  | 980309 | 30469 | SH |  | DFND |  | 30469 | 0 | 0 |
| INNOVATOR EDP ETF -1 YR MAY | ETP | 45784N650 |  | 978743 | 38986 | SH |  | DFND |  | 38986 | 0 | 0 |
| FRANKLIN INCOME FOCUS ETF | ETP | 35473P439 |  | 978195 | 35263 | SH |  | DFND |  | 35263 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 FEB | ETP | 00888H828 |  | 967272 | 26113 | SH |  | DFND |  | 26113 | 0 | 0 |
| SPDR S GL NAT RESOURCES | ETP | 78463X541 |  | 965004 | 16298 | SH |  | DFND |  | 16298 | 0 | 0 |
| INNO INT DEV POWER BUFF NOV | ETP | 45783Y459 |  | 964577 | 28937 | SH |  | DFND |  | 28937 | 0 | 0 |
| RLTIVE STRNGT MNG VOL ST ETF | ETP | 53656G332 |  | 964299 | 36209 | SH |  | DFND |  | 36209 | 0 | 0 |
| MATTHEWS KOREA ACTIVE ETF | ETP | 577125784 |  | 963963 | 31921 | SH |  | DFND |  | 31921 | 0 | 0 |
| GLOBAL X MSCI ARGENTINA ETF | ETP | 37950E259 |  | 962827 | 13802 | SH |  | DFND |  | 13802 | 0 | 0 |
| ALLIANZIM US 6M B10 JUN-DEC | ETP | 00888H646 |  | 961179 | 33916 | SH |  | DFND |  | 33916 | 0 | 0 |
| ISHARES MSCI GLOBAL SILVER A | ETP | 464286327 |  | 960166 | 35081 | SH |  | DFND |  | 35081 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 APR | ETP | 00888H208 |  | 960048 | 28047 | SH |  | DFND |  | 28047 | 0 | 0 |
| VANGUARD INT DIV APP INDX FD | ETP | 921946810 |  | 959832 | 10716 | SH |  | DFND |  | 10716 | 0 | 0 |
| YIELDMAX DORSEY WH 5 INC ETF | ETP | 88636R651 |  | 959685 | 24169 | SH |  | DFND |  | 24169 | 0 | 0 |
| WISDOMTREE EMERGING MARKETS | ETP | 97717Y642 |  | 959660 | 26488 | SH |  | DFND |  | 26488 | 0 | 0 |
| FT VST US EQL WT BUF ETF MAR | ETP | 33740U398 |  | 957639 | 44469 | SH |  | DFND |  | 44469 | 0 | 0 |
| FLEXSHARES US QUALITY LOW VO | ETP | 33939L654 |  | 955474 | 13281 | SH |  | DFND |  | 13281 | 0 | 0 |
| INVTR EQU DE PR ETF - 1 YR N | ETP | 45784N809 |  | 952250 | 36075 | SH |  | DFND |  | 36075 | 0 | 0 |
| DIMENSIONAL CALFORNIA MB ETF | ETP | 25434V633 |  | 951806 | 19103 | SH |  | DFND |  | 19103 | 0 | 0 |
| ROUNDHILL NVDA WEEKLYPAY ETF | ETP | 77926X718 |  | 945427 | 19115 | SH |  | DFND |  | 19115 | 0 | 0 |
| VISTASHARES TRG 15 BERKSHIRE | ETP | 45259A514 |  | 944683 | 49049 | SH |  | DFND |  | 49049 | 0 | 0 |
| ISHARES INVESTMENT GRADE SYS | ETP | 46435G219 |  | 942587 | 20471 | SH |  | DFND |  | 20471 | 0 | 0 |
| FTVESTDJINTRNT  TARGINC ETF | ETP | 33738D754 |  | 934374 | 39038 | SH |  | DFND |  | 39038 | 0 | 0 |
| INOTR EQ DEF PR ETF - 1 YR F | ETP | 45784N775 |  | 930408 | 37276 | SH |  | DFND |  | 37276 | 0 | 0 |
| YM RBLX OPTION INC STRAT ETF | ETP | 88636R883 |  | 927573 | 16792 | SH |  | DFND |  | 16792 | 0 | 0 |
| ISHRS SH-TRM CA MUNI ACT ETF | ETP | 092528884 |  | 926450 | 18284 | SH |  | DFND |  | 18284 | 0 | 0 |
| VANECK CHINA BOND ETF | ETP | 92189F379 |  | 925524 | 41355 | SH |  | DFND |  | 41355 | 0 | 0 |
| CALAMOS S 500 STR ALT APR | ETP | 12811T753 |  | 923595 | 35876 | SH |  | DFND |  | 35876 | 0 | 0 |
| HORIZON EXPEDITION PLUS ETF | ETP | 44053A630 |  | 923015 | 32650 | SH |  | DFND |  | 32650 | 0 | 0 |
| FT VEST INVST GRD TRGT I ETF | ETP | 33738D747 |  | 922203 | 45193 | SH |  | DFND |  | 45193 | 0 | 0 |
| INFRACAP MLP ETF | ETP | 26923G772 |  | 918796 | 22867 | SH |  | DFND |  | 22867 | 0 | 0 |
| ALLIANZIM US 6M BF10 JAN-JUL | ETP | 00888H869 |  | 917883 | 27531 | SH |  | DFND |  | 27531 | 0 | 0 |
| TAPPALPHA SPY G AND D IN ETF | ETP | 26923N553 |  | 913638 | 35689 | SH |  | DFND |  | 35689 | 0 | 0 |
| INVESCO AAA CLO F/R NOTE ETF | ETP | 46090A721 |  | 910153 | 35539 | SH |  | DFND |  | 35539 | 0 | 0 |
| NATIXIS GATEWAY QUALITY INC | ETP | 63873X307 |  | 909853 | 16233 | SH |  | DFND |  | 16233 | 0 | 0 |
| FT VEST U.S. EQUITY BUFFER E | ETP | 33740U885 |  | 908972 | 20894 | SH |  | DFND |  | 20894 | 0 | 0 |
| T ROWE PRE CPT APR PR IN ETF | ETP | 87283Q784 |  | 908064 | 37231 | SH |  | DFND |  | 37231 | 0 | 0 |
| YIELDMAX XOM OPTION INCOME | ETP | 88634T410 |  | 905041 | 75483 | SH |  | DFND |  | 75483 | 0 | 0 |
| GLB X EMRG MRKT GRT CNSUMR | ETP | 37960A644 |  | 903332 | 28992 | SH |  | DFND |  | 28992 | 0 | 0 |
| KRANESHARES SSE STAR MKT 50 | ETP | 500767694 |  | 903260 | 44916 | SH |  | DFND |  | 44916 | 0 | 0 |
| FIDELITY TOTAL BOND ETF | ETP | 316188309 |  | 901957 | 19506 | SH |  | DFND |  | 19506 | 0 | 0 |
| AB CONSERVATIVE BUFFER ETF | ETP | 00039J806 |  | 901132 | 22179 | SH |  | DFND |  | 22179 | 0 | 0 |
| ROUNDHILL AAPL WEEKLYPAY ETF | ETP | 77926X791 |  | 900068 | 21920 | SH |  | DFND |  | 21920 | 0 | 0 |
| CAP GROUP MUNI HIGH-INCOME | ETP | 14020Y805 |  | 899261 | 35558 | SH |  | DFND |  | 35558 | 0 | 0 |
| FT ENERGY INCOME ETF | ETP | 33740F276 |  | 899015 | 45359 | SH |  | DFND |  | 45359 | 0 | 0 |
| DIREXION DAILY GOLD MINERS I | ETP | 25461A478 |  | 897385 | 82103 | SH |  | DFND |  | 82103 | 0 | 0 |
| FIRST TRUST INDXX AERO  DEF | ETP | 33733E831 |  | 895858 | 21613 | SH |  | DFND |  | 21613 | 0 | 0 |
| INVSCO GLXY BTCN ETF | ETP | 46091J101 |  | 894522 | 7846 | SH |  | DFND |  | 7846 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740F847 |  | 890826 | 16843 | SH |  | DFND |  | 16843 | 0 | 0 |
| INTR EQT DEF PRO ETF - 1 Y A | ETP | 45784N726 |  | 889280 | 34956 | SH |  | DFND |  | 34956 | 0 | 0 |
| RAYLIANT QUANTAMENTAL EMERGI | ETP | 00775Y710 |  | 888942 | 31590 | SH |  | DFND |  | 31590 | 0 | 0 |
| YLDMX PYPL OP INC STRTG ETF | ETP | 88634T451 |  | 887485 | 83332 | SH |  | DFND |  | 83332 | 0 | 0 |
| KURV YLD PREM STR MSFT ETF | ETP | 500948708 |  | 885747 | 32542 | SH |  | DFND |  | 32542 | 0 | 0 |
| SPROTT COPPER MINERS ETF | ETP | 85208P881 |  | 885533 | 31302 | SH |  | DFND |  | 31302 | 0 | 0 |
| ROUNDHILL META WEEKLYPAY ETF | ETP | 77926X742 |  | 885145 | 19130 | SH |  | DFND |  | 19130 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C672 |  | 882164 | 22443 | SH |  | DFND |  | 22443 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 JAN | ETP | 00888H703 |  | 881290 | 22156 | SH |  | DFND |  | 22156 | 0 | 0 |
| ROUNDHILL AVGO WEEKLYPAY ETF | ETP | 77926X619 |  | 881288 | 16519 | SH |  | DFND |  | 16519 | 0 | 0 |
| YIELDMAX DWF 5 INCOME ETF | ETP | 88636R669 |  | 880827 | 25348 | SH |  | DFND |  | 25348 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 FEB | ETP | 00888H786 |  | 880794 | 26578 | SH |  | DFND |  | 26578 | 0 | 0 |
| FT NDQ100 CNS BUFF ETF - OCT | ETP | 33740F151 |  | 879324 | 39933 | SH |  | DFND |  | 39933 | 0 | 0 |
| UPSTART HOLDINGS INC | Common Stock | 91680M107 |  | 876554 | 17255 | SH |  | DFND |  | 17255 | 0 | 0 |
| YIELDMAX DKNG OPT IN STY ETF | ETP | 88636R305 |  | 869926 | 21139 | SH |  | DFND |  | 21139 | 0 | 0 |
| GLOBAL X ART INTEL  TECH | ETP | 37954Y632 |  | 866103 | 17536 | SH |  | DFND |  | 17536 | 0 | 0 |
| SPDR DR INTERNATIONAL RL EST | ETP | 78463X863 |  | 863278 | 31042 | SH |  | DFND |  | 31042 | 0 | 0 |
| PACER SWAN SOS FLEX JANUARY | ETP | 69374H576 |  | 861432 | 23727 | SH |  | DFND |  | 23727 | 0 | 0 |
| ROUNDHILL COIN WEEKLYPAY ETF | ETP | 77926X767 |  | 857604 | 21408 | SH |  | DFND |  | 21408 | 0 | 0 |
| RODH S 500 TAR 20 M DI ETF | ETP | 77926X858 |  | 857108 | 15437 | SH |  | DFND |  | 15437 | 0 | 0 |
| INNOVATOR INTL D PB ETF-FEB | ETP | 45783Y350 |  | 855707 | 29128 | SH |  | DFND |  | 29128 | 0 | 0 |
| EAGLE CAPITAL SELECT EQTY | ETP | 88339Y102 |  | 854242 | 27327 | SH |  | DFND |  | 27327 | 0 | 0 |
| FT VEST U.S. EQUITY ENHANCE | ETP | 33740U844 |  | 849640 | 20133 | SH |  | DFND |  | 20133 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 JAN | ETP | 00888H802 |  | 849579 | 23508 | SH |  | DFND |  | 23508 | 0 | 0 |
| FT VEST US EQ MAX BUF DEC | ETP | 33740U497 |  | 846144 | 26229 | SH |  | DFND |  | 26229 | 0 | 0 |
| SIMPLIFY MULTI-QIS ALT ETF | ETP | 82889N533 |  | 844673 | 44071 | SH |  | DFND |  | 44071 | 0 | 0 |
| INV E D PRT ETF - 2Y T JAN27 | ETP | 45784N825 |  | 843417 | 31203 | SH |  | DFND |  | 31203 | 0 | 0 |
| CALMS BTC S ALT PR ETF - JAN | ETP | 12811T688 |  | 842225 | 32224 | SH |  | DFND |  | 32224 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C888 |  | 835826 | 17819 | SH |  | DFND |  | 17819 | 0 | 0 |
| VANECK CHINEXT ETF | ETP | 92189F627 |  | 832364 | 18859 | SH |  | DFND |  | 18859 | 0 | 0 |
| FOLIOBE ALTR IN H ETF-USD | ETP | 886364637 |  | 831989 | 23214 | SH |  | DFND |  | 23214 | 0 | 0 |
| WISDOMTREE EMERGING MARKETS | ETP | 97717W323 |  | 825525 | 28784 | SH |  | DFND |  | 28784 | 0 | 0 |
| YIELDMAX TSM OPT INC STRAT | ETP | 88636R859 |  | 824829 | 48039 | SH |  | DFND |  | 48039 | 0 | 0 |
| FT NDQ100 CNS BUFF ETF - JAN | ETP | 33740U448 |  | 823897 | 38437 | SH |  | DFND |  | 38437 | 0 | 0 |
| INN US EQ ACCEL PLUS JULY | ETP | 45783Y806 |  | 818991 | 21626 | SH |  | DFND |  | 21626 | 0 | 0 |
| PGIM S 500 BUFF 20 ETF DEC | ETP | 69420N759 |  | 809213 | 28259 | SH |  | DFND |  | 28259 | 0 | 0 |
| INNOV PREM INC 20 BARR-APRIL | ETP | 45783Y624 |  | 808516 | 32620 | SH |  | DFND |  | 32620 | 0 | 0 |
| WIPRO LTD-ADR | ADR | Y96659142 |  | 806999 | 306844 | SH |  | DFND |  | 306844 | 0 | 0 |
| INN PREM INCOME 30 BARR OCT | ETP | 45783Y491 |  | 804894 | 33712 | SH |  | DFND |  | 33712 | 0 | 0 |
| INNOV PREM INC 30 BARR-APRIL | ETP | 45783Y616 |  | 803978 | 32629 | SH |  | DFND |  | 32629 | 0 | 0 |
| SOUNDWATCH HEDGED EQUITY ETF | ETP | 00777X603 |  | 800011 | 25258 | SH |  | DFND |  | 25258 | 0 | 0 |
| KURV YLD PREM STR TSLA ETF | ETP | 500948880 |  | 799010 | 32533 | SH |  | DFND |  | 32533 | 0 | 0 |
| AVANTIS RESP EMERG MKTS EQ-E | ETP | 025072315 |  | 798276 | 12558 | SH |  | DFND |  | 12558 | 0 | 0 |
| XTRACKERS MSCI EMERGING MARK | ETP | 233051101 |  | 795341 | 25777 | SH |  | DFND |  | 25777 | 0 | 0 |
| YIELDMAX AMD OPTION IS ETF | ETP | 88634T477 |  | 793600 | 102798 | SH |  | DFND |  | 102798 | 0 | 0 |
| AMPLIFY BITCOIN MAX INC ETF | ETP | 032108466 |  | 793021 | 14593 | SH |  | DFND |  | 14593 | 0 | 0 |
| PACIFIC NOS GEME ACTIVEETF-U | ETP | 900934506 |  | 792637 | 24801 | SH |  | DFND |  | 24801 | 0 | 0 |
| ISHARES LARG CM BUFF MAR ETF | ETP | 46438G455 |  | 792575 | 30332 | SH |  | DFND |  | 30332 | 0 | 0 |
| FT VEST US EQ MAX BUF MAY | ETP | 33740U356 |  | 791154 | 24883 | SH |  | DFND |  | 24883 | 0 | 0 |
| ROUNDHILL PLTR WEEKLYPAY ETF | ETP | 77926X726 |  | 790319 | 16245 | SH |  | DFND |  | 16245 | 0 | 0 |
| CALS RUS 2000 S A P ETF OCT | ETP | 12811T118 |  | 784691 | 29411 | SH |  | DFND |  | 29411 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C789 |  | 783841 | 15784 | SH |  | DFND |  | 15784 | 0 | 0 |
| NUVEEN HIGH YLD MUNI BD ETF | ETP | 67092P722 |  | 783452 | 31738 | SH |  | DFND |  | 31738 | 0 | 0 |
| FIRST TRUST S-NETWORK E-COMM | ETP | 33738R829 |  | 780487 | 18648 | SH |  | DFND |  | 18648 | 0 | 0 |
| FRANKLIN FTSE BRAZIL ETF | ETP | 35473P835 |  | 779095 | 40900 | SH |  | DFND |  | 40900 | 0 | 0 |
| INNOV EQ PROTECT ETF - 1 AUG | ETP | 45783Y111 |  | 777685 | 29391 | SH |  | DFND |  | 29391 | 0 | 0 |
| FT NDQ100 MOD BUFF ETF - FEB | ETP | 33740F128 |  | 765590 | 35346 | SH |  | DFND |  | 35346 | 0 | 0 |
| ISHARES MSCI UAE ETF | ETP | 46434V761 |  | 762041 | 40341 | SH |  | DFND |  | 40341 | 0 | 0 |
| YLDMX SMICON PO OPTN INC ETF | ETP | 88636R693 |  | 758906 | 13581 | SH |  | DFND |  | 13581 | 0 | 0 |
| FT NDQ100 MOD BUFF ETF - MAY | ETP | 33740F268 |  | 754683 | 30816 | SH |  | DFND |  | 30816 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740F771 |  | 751750 | 16154 | SH |  | DFND |  | 16154 | 0 | 0 |
| FTVEST LDDRDSMCPMOD BUFF ETF | ETP | 33740F243 |  | 751509 | 33445 | SH |  | DFND |  | 33445 | 0 | 0 |
| ISHARES IBONDS DEC 2025 TERM | ETP | 46434VBD1 |  | 750586 | 29797 | SH |  | DFND |  | 29797 | 0 | 0 |
| CAP GROUP CORE BOND | ETP | 14020Y508 |  | 747854 | 28136 | SH |  | DFND |  | 28136 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740F557 |  | 740542 | 23804 | SH |  | DFND |  | 23804 | 0 | 0 |
| COREVALUE ALPHA GR CHINA GRW | ETP | 88634T394 |  | 739917 | 23404 | SH |  | DFND |  | 23404 | 0 | 0 |
| PACER SWAN SOS MOD OCT ETF | ETP | 69374H485 |  | 739247 | 24519 | SH |  | DFND |  | 24519 | 0 | 0 |
| FT VEST BUFFERED ALLOCATION | ETP | 33740U760 |  | 734964 | 30427 | SH |  | DFND |  | 30427 | 0 | 0 |
| ISHARES IBOND 2026 HY  INC | ETP | 46436E528 |  | 733229 | 31348 | SH |  | DFND |  | 31348 | 0 | 0 |
| INVESCO S 500 BUYWRITE ETF | ETP | 46137V399 |  | 732835 | 33130 | SH |  | DFND |  | 33130 | 0 | 0 |
| CALAMOS BITCOIN 90 STR-APR | ETP | 12811T662 |  | 730867 | 24611 | SH |  | DFND |  | 24611 | 0 | 0 |
| FT VEST ENH MOD BUFF - JAN | ETP | 33740F318 |  | 730237 | 20265 | SH |  | DFND |  | 20265 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C664 |  | 729360 | 15105 | SH |  | DFND |  | 15105 | 0 | 0 |
| FIDELITY YLD ENHAN EQTY ETF | ETP | 31624J729 |  | 729264 | 26008 | SH |  | DFND |  | 26008 | 0 | 0 |
| INNOV PR INC 15 B ETF - APR | ETP | 45783Y319 |  | 728365 | 28955 | SH |  | DFND |  | 28955 | 0 | 0 |
| FT VEST GOLD STRATEGY TARGET | ETP | 33733E856 |  | 726195 | 30334 | SH |  | DFND |  | 30334 | 0 | 0 |
| CAL NASDAQ 100 ST ALT PR | ETP | 12811T852 |  | 724237 | 27713 | SH |  | DFND |  | 27713 | 0 | 0 |
| VANGUARD U.S. QUALITY FACTOR | ETP | 921935706 |  | 721079 | 4781 | SH |  | DFND |  | 4781 | 0 | 0 |
| TRADR 2X LONG SPY QUARTR ETF | ETP | 46092D756 |  | 721049 | 4596 | SH |  | DFND |  | 4596 | 0 | 0 |
| NESTYELD DYN INC ETF USD INC | ETP | 45259A787 |  | 720883 | 18065 | SH |  | DFND |  | 18065 | 0 | 0 |
| INNOVA EQTY DEF PROT 1YR JUN | ETP | 45784N643 |  | 720550 | 27206 | SH |  | DFND |  | 27206 | 0 | 0 |
| INNOVATOR GRW-100 PB ETF MAY | ETP | 45784N676 |  | 720382 | 26407 | SH |  | DFND |  | 26407 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N742 |  | 717310 | 24160 | SH |  | DFND |  | 24160 | 0 | 0 |
| DIMENSIONAL GLOBAL CREDIT | ETP | 25434V567 |  | 710924 | 12821 | SH |  | DFND |  | 12821 | 0 | 0 |
| WEIBO CORP-SPON ADR | ADR | G9515T108 |  | 709081 | 57184 | SH |  | DFND |  | 57184 | 0 | 0 |
| FT VEST US EQUI EQ W ETF - S | ETP | 33740F185 |  | 707691 | 33459 | SH |  | DFND |  | 33459 | 0 | 0 |
| ALLIANZIM US 6M BF10 FEB-AUG | ETP | 00888H679 |  | 706898 | 22730 | SH |  | DFND |  | 22730 | 0 | 0 |
| FT VEST US EQ MAX BUF JULY | ETP | 33740U570 |  | 706281 | 21272 | SH |  | DFND |  | 21272 | 0 | 0 |
| LIGHT  WONDER INC | Common Stock | 80874P109 |  | 700563 | 8346 | SH |  | DFND |  | 8346 | 0 | 0 |
| ISHARES MSCI ACWI EX US ETF | ETP | 464288240 |  | 698142 | 10739 | SH |  | DFND |  | 10739 | 0 | 0 |
| GLOBAL X NASDAQ 100 RISK MAN | ETP | 37960A503 |  | 697574 | 44011 | SH |  | DFND |  | 44011 | 0 | 0 |
| SIMPLIFY VOLATILITY PREMIUM | ETP | 82889N863 |  | 696996 | 38722 | SH |  | DFND |  | 38722 | 0 | 0 |
| FIRST TRUST CHINA | ETP | 33737J141 |  | 694659 | 23979 | SH |  | DFND |  | 23979 | 0 | 0 |
| FIRST TRUST BALANCED INC ETF | ETP | 33738R571 |  | 692954 | 32609 | SH |  | DFND |  | 32609 | 0 | 0 |
| FT VEST U.S. EQUITY ENHANCE | ETP | 33740U810 |  | 691041 | 16614 | SH |  | DFND |  | 16614 | 0 | 0 |
| INVES RAFI EMER MRKT-USD INC | ETP | 46138E727 |  | 683416 | 26885 | SH |  | DFND |  | 26885 | 0 | 0 |
| FRANKLIN EMERGING MARKET COR | ETP | 35473P207 |  | 683058 | 21259 | SH |  | DFND |  | 21259 | 0 | 0 |
| VICTORYSHARES EMERGING MARKE | ETP | 92647N543 |  | 680731 | 12266 | SH |  | DFND |  | 12266 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP NOV | ETP | 00888H539 |  | 674377 | 23820 | SH |  | DFND |  | 23820 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740F748 |  | 674246 | 12905 | SH |  | DFND |  | 12905 | 0 | 0 |
| CALAMOS BITCOIN SA PROT APR | ETP | 12811T670 |  | 673022 | 25221 | SH |  | DFND |  | 25221 | 0 | 0 |
| INNOVATOR INTERNATIONAL DEVE | ETP | 45782C524 |  | 672160 | 19101 | SH |  | DFND |  | 19101 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U711 |  | 671540 | 17635 | SH |  | DFND |  | 17635 | 0 | 0 |
| ISHARES L CAP MB SEP ETF | ETP | 46438G588 |  | 671267 | 25066 | SH |  | DFND |  | 25066 | 0 | 0 |
| REX MSTR GROWTH  INCOME ETF | ETP | 761562206 |  | 669788 | 35703 | SH |  | DFND |  | 35703 | 0 | 0 |
| CALAMOS SP500 STRCT ALT-AUG | ETP | 12811T704 |  | 669116 | 25117 | SH |  | DFND |  | 25117 | 0 | 0 |
| FT NDQ100 MOD BUFF ETF - NOV | ETP | 33740U513 |  | 664899 | 29816 | SH |  | DFND |  | 29816 | 0 | 0 |
| YLDMX S 500 0DTE C C S ETF | ETP | 88636R560 |  | 663665 | 14501 | SH |  | DFND |  | 14501 | 0 | 0 |
| ISHARES CRNCY HEDGD MSCI EM | ETP | 46434G509 |  | 661727 | 19665 | SH |  | DFND |  | 19665 | 0 | 0 |
| ISHARES U.S. INSURANCE ETF | ETP | 464288786 |  | 661443 | 4935 | SH |  | DFND |  | 4935 | 0 | 0 |
| VANECK DIGITAL INDIA ETF | ETP | 92189H789 |  | 660171 | 16536 | SH |  | DFND |  | 16536 | 0 | 0 |
| CENTRUS ENERGY CORP-CLASS A | Common Stock | 15643U104 |  | 659828 | 2128 | SH |  | DFND |  | 2128 | 0 | 0 |
| INNOV PREM INC 30 BARR-JULY | ETP | 45783Y566 |  | 659204 | 26384 | SH |  | DFND |  | 26384 | 0 | 0 |
| ROUNDHILL CANNABIS ETF | ETP | 53656F128 |  | 659067 | 31839 | SH |  | DFND |  | 31839 | 0 | 0 |
| CAL S 500 ST ALT P ETF - M | ETP | 12811T761 |  | 658441 | 26534 | SH |  | DFND |  | 26534 | 0 | 0 |
| INVESCO DORSEY WRIGHT EMERGI | ETP | 46138E867 |  | 656834 | 26920 | SH |  | DFND |  | 26920 | 0 | 0 |
| TRUESHARES STRUC OUT SEP ETF | ETP | 210322798 |  | 655642 | 15487 | SH |  | DFND |  | 15487 | 0 | 0 |
| CAP GROUP US MULTI-SECT BOND | ETP | 14020Y300 |  | 649350 | 23400 | SH |  | DFND |  | 23400 | 0 | 0 |
| YIELDMAX UNIVERSE FO IN ETFS | ETP | 88636J659 |  | 648096 | 50593 | SH |  | DFND |  | 50593 | 0 | 0 |
| VANGUARD ULTRA SHRT TREASURY | ETP | 922040852 |  | 646817 | 8549 | SH |  | DFND |  | 8549 | 0 | 0 |
| TRUESHARES STRUCT OUTC JAN | ETP | 210322681 |  | 646743 | 17037 | SH |  | DFND |  | 17037 | 0 | 0 |
| GRAYSCALE ETHER COV CALL ETF | ETP | 38963H602 |  | 641089 | 20473 | SH |  | DFND |  | 20473 | 0 | 0 |
| PROSHARES ULTRAPRO SHORT QQQ | ETP | 74347G192 |  | 640619 | 42063 | SH |  | DFND |  | 42063 | 0 | 0 |
| INNOVATOR 20 YR T BOND 9 BUF | ETP | 45782C235 |  | 640452 | 31873 | SH |  | DFND |  | 31873 | 0 | 0 |
| TEVA PHARMACEUTICAL-SP ADR | ADR | M8769Q102 |  | 637613 | 31565 | SH |  | DFND |  | 31565 | 0 | 0 |
| YIELDMAX NFLX OPTION IS ETF | ETP | 88634T782 |  | 635506 | 39036 | SH |  | DFND |  | 39036 | 0 | 0 |
| INNOVATOR GROWTH 100 POWER B | ETP | 45782C276 |  | 630216 | 8863 | SH |  | DFND |  | 8863 | 0 | 0 |
| FIRST TRUST INDIA NIFTY 50 E | ETP | 33737J802 |  | 628804 | 11047 | SH |  | DFND |  | 11047 | 0 | 0 |
| FT VT INT EQU M B- MAR-US I | ETP | 33740F573 |  | 627613 | 23903 | SH |  | DFND |  | 23903 | 0 | 0 |
| ISHARES MSCI QATAR ETF | ETP | 46434V779 |  | 626580 | 32083 | SH |  | DFND |  | 32083 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N304 |  | 626477 | 20232 | SH |  | DFND |  | 20232 | 0 | 0 |
| JPM HED LADDERED OVERLAY ETF | ETP | 46654Q625 |  | 625244 | 10938 | SH |  | DFND |  | 10938 | 0 | 0 |
| IQIYI INC-ADR | ADR | 9HH2ZJ4C3 |  | 624783 | 244056 | SH |  | DFND |  | 244056 | 0 | 0 |
| NEOS ENHANCED ICS ETF | ETP | 78433H584 |  | 622820 | 12282 | SH |  | DFND |  | 12282 | 0 | 0 |
| ROKU INC | Common Stock | 77543R102 |  | 618302 | 6175 | SH |  | DFND |  | 6175 | 0 | 0 |
| FT VEST TECHNOLOGY DIVIDEND | ETP | 33738D812 |  | 618209 | 21578 | SH |  | DFND |  | 21578 | 0 | 0 |
| BITWISE GME INCOME STRAT | ETP | 09174D102 |  | 615246 | 15736 | SH |  | DFND |  | 15736 | 0 | 0 |
| SS SPDR S TRANSPORT ETF | ETP | 78464A532 |  | 613698 | 7319 | SH |  | DFND |  | 7319 | 0 | 0 |
| INNOV PREM INC 15 BARR - JAN | ETP | 45783Y368 |  | 611619 | 24782 | SH |  | DFND |  | 24782 | 0 | 0 |
| FT VEST INT EQ MODT ETF-JUNE | ETP | 33740U869 |  | 609577 | 24315 | SH |  | DFND |  | 24315 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N734 |  | 609367 | 20428 | SH |  | DFND |  | 20428 | 0 | 0 |
| INNOVATOR GRW-100 PB ETF MAR | ETP | 45784N767 |  | 608670 | 21164 | SH |  | DFND |  | 21164 | 0 | 0 |
| DIREXION DAILY NVDA BULL 2X | ETP | 25461A833 |  | 608574 | 4641 | SH |  | DFND |  | 4641 | 0 | 0 |
| FT VEST US EQUITY ENHANCE | ETP | 33740F474 |  | 605333 | 15433 | SH |  | DFND |  | 15433 | 0 | 0 |
| VANGUARD GROWTH ETF | ETP | 922908736 |  | 603349 | 1258 | SH |  | DFND |  | 1258 | 0 | 0 |
| DIREXION DLY SM CAP BULL 3X | ETP | 25459W847 |  | 602868 | 13326 | SH |  | DFND |  | 13326 | 0 | 0 |
| GLOBAL X MSCI GREECE ETF | ETP | 37954Y319 |  | 602397 | 9354 | SH |  | DFND |  | 9354 | 0 | 0 |
| TOTALENERGIES SE -SPON ADR | ADR | F92124100 |  | 602212 | 10089 | SH |  | DFND |  | 10089 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N767 |  | 600843 | 20780 | SH |  | DFND |  | 20780 | 0 | 0 |
| DIM GLOBAL REAL ESTATE ETF | ETP | 25434V658 |  | 600628 | 21993 | SH |  | DFND |  | 21993 | 0 | 0 |
| WISDOMTREE EMERGING MARKETS | ETP | 97717Y782 |  | 598285 | 19555 | SH |  | DFND |  | 19555 | 0 | 0 |
| ROUNDHILL MSTR WEEKLYPAY ETF | ETP | 77926X593 |  | 597604 | 19290 | SH |  | DFND |  | 19290 | 0 | 0 |
| ARCHER AVIATION INC-A | Common Stock | 03945R102 |  | 597025 | 62320 | SH |  | DFND |  | 62320 | 0 | 0 |
| YIELDMAX AAPL OPTION INCOME | ETP | 88634T857 |  | 596637 | 43806 | SH |  | DFND |  | 43806 | 0 | 0 |
| OVERLAY SHARES FOREIGN EQUIT | ETP | 53656F870 |  | 596545 | 20585 | SH |  | DFND |  | 20585 | 0 | 0 |
| FT VEST LA EN  MODE BUF ETF | ETP | 33744U204 |  | 594327 | 28546 | SH |  | DFND |  | 28546 | 0 | 0 |
| ISHARES CMBS ETF | ETP | 46429B366 |  | 593648 | 12098 | SH |  | DFND |  | 12098 | 0 | 0 |
| REX NVDA GROWTH  INCOME ETF | ETP | 761562305 |  | 591928 | 18400 | SH |  | DFND |  | 18400 | 0 | 0 |
| INVESCO BULLETSHARES 2027 HY | ETP | 46138J585 |  | 590830 | 25982 | SH |  | DFND |  | 25982 | 0 | 0 |
| FLUTTER ENTERTAINMENT PLC-DI | Common Stock | G3643J108 |  | 589788 | 2322 | SH |  | DFND |  | 2322 | 0 | 0 |
| SIMPLIFY TREASURY OPTION INC | ETP | 82889N640 |  | 589548 | 24719 | SH |  | DFND |  | 24719 | 0 | 0 |
| REX FANG INNOV PREM INC ETF | ETP | 26923N744 |  | 588998 | 12572 | SH |  | DFND |  | 12572 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C425 |  | 588709 | 16449 | SH |  | DFND |  | 16449 | 0 | 0 |
| TS STR OUTCOME JUL ETF | ETP | 210322822 |  | 585561 | 12633 | SH |  | DFND |  | 12633 | 0 | 0 |
| MFS ACTIVE INTERNATIONAL | ETP | 55286W405 |  | 584005 | 19770 | SH |  | DFND |  | 19770 | 0 | 0 |
| TWIN OAK SHRT HRZ ABS RTRN | ETP | 56170L661 |  | 575342 | 20453 | SH |  | DFND |  | 20453 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C532 |  | 573861 | 14956 | SH |  | DFND |  | 14956 | 0 | 0 |
| YIELDMAX BO INCOME STRAY ETF | ETP | 88634T832 |  | 572362 | 11842 | SH |  | DFND |  | 11842 | 0 | 0 |
| AMPLIFY COWS COVER CALL ETF | ETP | 032108680 |  | 569401 | 23690 | SH |  | DFND |  | 23690 | 0 | 0 |
| ISHARES IBONDS DEC 2031 TERM | ETP | 46436E460 |  | 568760 | 27650 | SH |  | DFND |  | 27650 | 0 | 0 |
| CORTEVA INC | Common Stock | 22052L104 |  | 568565 | 8407 | SH |  | DFND |  | 8407 | 0 | 0 |
| TRADR 2X SHORT TSLA DAILY ET | ETP | 46144X123 |  | 566373 | 70357 | SH |  | DFND |  | 70357 | 0 | 0 |
| APTUS ENHANCED YIELD ETF | ETP | 26922B642 |  | 564947 | 25351 | SH |  | DFND |  | 25351 | 0 | 0 |
| YIELDMAX MSFT OPTION IS ETF | ETP | 88634T428 |  | 562282 | 32278 | SH |  | DFND |  | 32278 | 0 | 0 |
| INNOV PRM INC 15BUFF ETF OCT | ETP | 45783Y434 |  | 562154 | 23610 | SH |  | DFND |  | 23610 | 0 | 0 |
| DEFIANCE LEV LONG PLUS INC HIMS | ETP | 88636V181 |  | 559827 | 22474 | SH |  | DFND |  | 22474 | 0 | 0 |
| PUTNAM EMR MRKT EX CHINA ETF | ETP | 746729847 |  | 556861 | 8875 | SH |  | DFND |  | 8875 | 0 | 0 |
| YIELDMAX DIS OI STRATEGY ETF | ETP | 88634T444 |  | 556698 | 43336 | SH |  | DFND |  | 43336 | 0 | 0 |
| INNOVATOR GROWTH 100 POWER B | ETP | 45782C466 |  | 554090 | 10417 | SH |  | DFND |  | 10417 | 0 | 0 |
| COLUMBIA INDIA CONSUMER ETF | ETP | 19762B707 |  | 553079 | 8553 | SH |  | DFND |  | 8553 | 0 | 0 |
| CALAMOS SP500 STR ALT PROMAY | ETP | 12811T605 |  | 550491 | 19459 | SH |  | DFND |  | 19459 | 0 | 0 |
| YLDMX ABNB OP INC STRTG ETF | ETP | 88634T485 |  | 549984 | 56466 | SH |  | DFND |  | 56466 | 0 | 0 |
| PIMCO 0-5 YEAR H/Y CORP BOND | ETP | 72201R783 |  | 545758 | 5704 | SH |  | DFND |  | 5704 | 0 | 0 |
| FT VEST U.S. EQUITY DEEP BUF | ETP | 33740U802 |  | 545108 | 14109 | SH |  | DFND |  | 14109 | 0 | 0 |
| INNOVATOR EDP ETF - 6M JA/JY | ETP | 45783Y244 |  | 539364 | 18826 | SH |  | DFND |  | 18826 | 0 | 0 |
| PIMCO MULTISECTOR BOND ACTV | ETP | 72201R585 |  | 539242 | 20091 | SH |  | DFND |  | 20091 | 0 | 0 |
| SUNRISE COMMUNICAT-CL A | ADR | H8365A119 |  | 537891 | 9102 | SH |  | DFND |  | 9102 | 0 | 0 |
| DIREXION NASDAQ-100 EQ WEIGH | ETP | 25459Y207 |  | 537618 | 5291 | SH |  | DFND |  | 5291 | 0 | 0 |
| VANGUARD SHORT-TERM TIPS | ETP | 922020805 |  | 535918 | 10585 | SH |  | DFND |  | 10585 | 0 | 0 |
| INNOVATOR 20 YR TREAS BOND 5 | ETP | 45782C243 |  | 534457 | 26336 | SH |  | DFND |  | 26336 | 0 | 0 |
| ISHARES INDIA 50 ETF | ETP | 464289529 |  | 532923 | 10470 | SH |  | DFND |  | 10470 | 0 | 0 |
| IN GRO-100 PWR BUF ETF - DEC | ETP | 45784N841 |  | 532624 | 19694 | SH |  | DFND |  | 19694 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 MAY | ETP | 00888H752 |  | 532213 | 16150 | SH |  | DFND |  | 16150 | 0 | 0 |
| ALLIANZIM US 6M B10 MAY-NOV | ETP | 00888H653 |  | 532186 | 18232 | SH |  | DFND |  | 18232 | 0 | 0 |
| TRADR 2X LONG INNOVATION 100 | ETP | 46092D731 |  | 531606 | 3123 | SH |  | DFND |  | 3123 | 0 | 0 |
| GRAB HOLDINGS LTD - CL A | Common Stock | G4124C109 |  | 530343 | 88097 | SH |  | DFND |  | 88097 | 0 | 0 |
| NEOS ENHANCED INCOME 1-3 MON | ETP | 78433H501 |  | 530196 | 10663 | SH |  | DFND |  | 10663 | 0 | 0 |
| CALAMOS NSDQ100 ALT ETF | ETP | 12811T878 |  | 530055 | 19891 | SH |  | DFND |  | 19891 | 0 | 0 |
| GLOBAL X DOW 30 CC  GR | ETP | 37960A511 |  | 528672 | 19540 | SH |  | DFND |  | 19540 | 0 | 0 |
| VANGUARD LONG-TERM TREASURY | ETP | 92206C847 |  | 524647 | 9227 | SH |  | DFND |  | 9227 | 0 | 0 |
| ISHARES MSCI JAPAN VALUE ETF | ETP | 46435U374 |  | 521517 | 13354 | SH |  | DFND |  | 13354 | 0 | 0 |
| INNOV PREM INC 20 BARR-JULY | ETP | 45783Y582 |  | 517044 | 20657 | SH |  | DFND |  | 20657 | 0 | 0 |
| PACER SWAN SOS FUND OF FUNDS | ETP | 69374H568 |  | 516328 | 16342 | SH |  | DFND |  | 16342 | 0 | 0 |
| CORE ALTERNATIVE ETF | ETP | 53656F847 |  | 516001 | 19748 | SH |  | DFND |  | 19748 | 0 | 0 |
| OVERLAY SHARES LARGE CAP EQ | ETP | 53656F805 |  | 515718 | 9857 | SH |  | DFND |  | 9857 | 0 | 0 |
| FIDELITY ENH EMR MRKT ETF | ETP | 31609A800 |  | 514411 | 16565 | SH |  | DFND |  | 16565 | 0 | 0 |
| TECH SEL SECT SPDR PREM INC | ETP | 81369Y787 |  | 513746 | 19708 | SH |  | DFND |  | 19708 | 0 | 0 |
| ISHARES MSCI USA VALUE FACTO | ETP | 46432F388 |  | 513705 | 4108 | SH |  | DFND |  | 4108 | 0 | 0 |
| RTX CORP | Common Stock | 75513E101 |  | 513368 | 3068 | SH |  | DFND |  | 3068 | 0 | 0 |
| HECLA MINING CO | Common Stock | 422704106 |  | 510692 | 42206 | SH |  | DFND |  | 42206 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 DEC | ETP | 00888H836 |  | 510612 | 14400 | SH |  | DFND |  | 14400 | 0 | 0 |
| BITWISE MSTR INCOME STRAT | ETP | 091748806 |  | 508651 | 15307 | SH |  | DFND |  | 15307 | 0 | 0 |
| EMG MKT INTERNET ETF-USA INC | ETP | 301505889 |  | 508323 | 10947 | SH |  | DFND |  | 10947 | 0 | 0 |
| GADSDEN DYNAMIC MULTI-ASSET | ETP | 02072L870 |  | 507543 | 13182 | SH |  | DFND |  | 13182 | 0 | 0 |
| INNOVATOR EDP ETF - 1Y JAN | ETP | 45784N817 |  | 507292 | 18876 | SH |  | DFND |  | 18876 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740U836 |  | 507232 | 16336 | SH |  | DFND |  | 16336 | 0 | 0 |
| INNOVATOR BUFF SU STRAT ETF | ETP | 45783Y731 |  | 506166 | 13917 | SH |  | DFND |  | 13917 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C805 |  | 505658 | 15733 | SH |  | DFND |  | 15733 | 0 | 0 |
| GLOBAL X LITHIUM  BATTERY T | ETP | 37954Y855 |  | 505453 | 8891 | SH |  | DFND |  | 8891 | 0 | 0 |
| FT VEST EM BUFF ETF DEC | ETP | 33740U471 |  | 504407 | 21630 | SH |  | DFND |  | 21630 | 0 | 0 |
| GENERAL DYNAMICS CORP | Common Stock | 369550108 |  | 497860 | 1460 | SH |  | DFND |  | 1460 | 0 | 0 |
| DEFIANCE LEV LONG  PLUS  INC AMD | ETP | 88636V249 |  | 495714 | 27173 | SH |  | DFND |  | 27173 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740F599 |  | 494749 | 10665 | SH |  | DFND |  | 10665 | 0 | 0 |
| KONINKLIJKE PHILIPS NVR- NY | NY Reg Shrs | N7637U112 |  | 493542 | 18105 | SH |  | DFND |  | 18105 | 0 | 0 |
| DEFIANCE R2000 ENH OPT INCOM | ETP | 88636J139 |  | 492545 | 21415 | SH |  | DFND |  | 21415 | 0 | 0 |
| SPROTT JR COPPER MINERS ETF | ETP | 85208P501 |  | 490914 | 15423 | SH |  | DFND |  | 15423 | 0 | 0 |
| INNOVATOR US EQY ACCL-QUART | ETP | 45783Y103 |  | 490675 | 12310 | SH |  | DFND |  | 12310 | 0 | 0 |
| PGIM LA S 500 BUF20 ETF-US | ETP | 69420N692 |  | 490261 | 17145 | SH |  | DFND |  | 17145 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP MAR | ETP | 00888H489 |  | 488786 | 17872 | SH |  | DFND |  | 17872 | 0 | 0 |
| AMPLIFY LITHIUM BATTERY TECH | ETP | 032108805 |  | 488320 | 37592 | SH |  | DFND |  | 37592 | 0 | 0 |
| NUVEEN ESG EMERGING MARKETS | ETP | 67092P888 |  | 486882 | 13642 | SH |  | DFND |  | 13642 | 0 | 0 |
| PACER SWAN SOS FLEX APRIL | ETP | 69374H477 |  | 486183 | 15590 | SH |  | DFND |  | 15590 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740F458 |  | 486026 | 12384 | SH |  | DFND |  | 12384 | 0 | 0 |
| INNOVATOR US SC PB ETF - MAY | ETP | 45784N668 |  | 485521 | 17602 | SH |  | DFND |  | 17602 | 0 | 0 |
| SEQUOIA GLOBAL VALUE ETF-UIC | ETP | 02072L276 |  | 483245 | 15536 | SH |  | DFND |  | 15536 | 0 | 0 |
| ISHARES LRG CP CR ACT ETF-UI | ETP | 09290C855 |  | 481980 | 12024 | SH |  | DFND |  | 12024 | 0 | 0 |
| ISHARES ESG AWARE US AGGREGA | ETP | 46435U549 |  | 480107 | 9996 | SH |  | DFND |  | 9996 | 0 | 0 |
| INVTR EQ D DI 10 B ETF - JUL | ETP | 45784N510 |  | 477851 | 23344 | SH |  | DFND |  | 23344 | 0 | 0 |
| UR-ENERGY INC | Common Stock | 91688R108 |  | 474088 | 264854 | SH |  | DFND |  | 264854 | 0 | 0 |
| VEEVA SYSTEMS INC-CLASS A | Common Stock | 922475108 |  | 473676 | 1590 | SH |  | DFND |  | 1590 | 0 | 0 |
| FT VEST ENH MOD BUFF -  FEB | ETP | 33740U638 |  | 471056 | 13478 | SH |  | DFND |  | 13478 | 0 | 0 |
| YM RDDT OPTION INC STRAT ETF | ETP | 88636V421 |  | 470255 | 9662 | SH |  | DFND |  | 9662 | 0 | 0 |
| GRANITE YIELDBOOST NVDA | ETP | 38747R439 |  | 469326 | 19458 | SH |  | DFND |  | 19458 | 0 | 0 |
| YIELDMAX INNOVATION OPTION I | ETP | 88634T600 |  | 467578 | 50990 | SH |  | DFND |  | 50990 | 0 | 0 |
| FT VEST US EQUITY MODERATE B | ETP | 33740U737 |  | 467041 | 11512 | SH |  | DFND |  | 11512 | 0 | 0 |
| PACER SWAN SOS CONSERVATIVE | ETP | 69374H584 |  | 464334 | 15388 | SH |  | DFND |  | 15388 | 0 | 0 |
| ALPS ELECTRIFIC INFRAST ETF | ETP | 00162Q338 |  | 461175 | 12882 | SH |  | DFND |  | 12882 | 0 | 0 |
| PARAMETRIC EQUITY PREM INCO | ETP | 61774R866 |  | 460225 | 17667 | SH |  | DFND |  | 17667 | 0 | 0 |
| ISHARES LARGE CAP DEEP QUART | ETP | 092528801 |  | 460010 | 14059 | SH |  | DFND |  | 14059 | 0 | 0 |
| GRAYSCALE BTC PREM INC ETF | ETP | 38963H404 |  | 457324 | 11143 | SH |  | DFND |  | 11143 | 0 | 0 |
| FT VEST U.S. SMALL CAP MODER | ETP | 33740F466 |  | 456609 | 18030 | SH |  | DFND |  | 18030 | 0 | 0 |
| FT VEST US EQ MAX BUF APR | ETP | 33740U372 |  | 455496 | 14854 | SH |  | DFND |  | 14854 | 0 | 0 |
| INNVTR PR INC10 BAR ETF-OCT | ETP | 45783Y517 |  | 454770 | 19040 | SH |  | DFND |  | 19040 | 0 | 0 |
| LVRG SHR 2X CA COIN M ETF | ETP | 88340C206 |  | 449825 | 20710 | SH |  | DFND |  | 20710 | 0 | 0 |
| FT VEST NASDAQ-100 BUFFER ET | ETP | 33740F581 |  | 448948 | 13951 | SH |  | DFND |  | 13951 | 0 | 0 |
| ALPS CC NATURL RESOURCES ETF | ETP | 31761T886 |  | 448568 | 14638 | SH |  | DFND |  | 14638 | 0 | 0 |
| NICE LTD - SPON ADR | ADR | M7494X101 |  | 446067 | 3081 | SH |  | DFND |  | 3081 | 0 | 0 |
| INNOV PREM INC 30 BARR - JAN | ETP | 45783Y376 |  | 444818 | 17987 | SH |  | DFND |  | 17987 | 0 | 0 |
| ISHARES AAA CLO ACT ETF-USDI | ETP | 092528504 |  | 443521 | 8535 | SH |  | DFND |  | 8535 | 0 | 0 |
| ALLIANZIM US LC BUFFER20 AUG | ETP | 00888H711 |  | 442930 | 13859 | SH |  | DFND |  | 13859 | 0 | 0 |
| YIELDS FOR YOU INCOME STRATE | ETP | 53656G357 |  | 442198 | 44825 | SH |  | DFND |  | 44825 | 0 | 0 |
| LEIDOS HOLDINGS INC | Common Stock | 525327102 |  | 441788 | 2338 | SH |  | DFND |  | 2338 | 0 | 0 |
| PACER SWAN SOS MODERATE JANU | ETP | 69374H550 |  | 441757 | 13962 | SH |  | DFND |  | 13962 | 0 | 0 |
| INNOVATOR US S CAP MNG F ETF | ETP | 45784N502 |  | 438586 | 15812 | SH |  | DFND |  | 15812 | 0 | 0 |
| ISHARES S 500 BUYWRITE ETF | ETP | 46438G711 |  | 438299 | 9412 | SH |  | DFND |  | 9412 | 0 | 0 |
| TRADR 2X LONG INNOVATION 100 | ETP | 46092D749 |  | 435369 | 2419 | SH |  | DFND |  | 2419 | 0 | 0 |
| DIM GBL EX US C FIXED INC | ETP | 25434V575 |  | 433298 | 8030 | SH |  | DFND |  | 8030 | 0 | 0 |
| ROUNDHILL ETR CO CALL ST ETF | ETP | 77926X841 |  | 431147 | 16166 | SH |  | DFND |  | 16166 | 0 | 0 |
| WSTWD SAL ENHNC ENGY INM ETF | ETP | 90386K571 |  | 430928 | 20329 | SH |  | DFND |  | 20329 | 0 | 0 |
| GLOBAL X S 500 COVC  GRW | ETP | 37954Y277 |  | 430732 | 14956 | SH |  | DFND |  | 14956 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | Common Stock | 502431109 |  | 429406 | 1406 | SH |  | DFND |  | 1406 | 0 | 0 |
| OVERLAY SHARES SMALL CAP EQ | ETP | 53656F888 |  | 428652 | 12020 | SH |  | DFND |  | 12020 | 0 | 0 |
| SCHWAB U.S. TIPS ETF | ETP | 808524870 |  | 424974 | 15769 | SH |  | DFND |  | 15769 | 0 | 0 |
| SIMPLIFY NEXT INTG C IDX ETF | ETP | 82889N475 |  | 423533 | 12964 | SH |  | DFND |  | 12964 | 0 | 0 |
| ISHARES GLOBAL CONSUMER STAP | ETP | 464288737 |  | 423425 | 6578 | SH |  | DFND |  | 6578 | 0 | 0 |
| FT VEST US SMALL CAP MODERAT | ETP | 33740F417 |  | 422550 | 16875 | SH |  | DFND |  | 16875 | 0 | 0 |
| SIMPLIFY PPR SNDLR US SM CAP | ETP | 82889N327 |  | 422117 | 14802 | SH |  | DFND |  | 14802 | 0 | 0 |
| INNOVATOR GROWTH ACC PLUS-J | ETP | 45783Y798 |  | 418751 | 14497 | SH |  | DFND |  | 14497 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F839 |  | 417868 | 8925 | SH |  | DFND |  | 8925 | 0 | 0 |
| ISHARES CORE S TOTAL U.S. | ETP | 464287150 |  | 417724 | 2868 | SH |  | DFND |  | 2868 | 0 | 0 |
| CLMS S STR ALT DEC | ETP | 12811T795 |  | 416113 | 16296 | SH |  | DFND |  | 16296 | 0 | 0 |
| LHA MARKET STATE TACTICAL | ETP | 26922B105 |  | 414528 | 10423 | SH |  | DFND |  | 10423 | 0 | 0 |
| INOV US SML CAP P BU ETF - F | ETP | 45784N783 |  | 413542 | 15448 | SH |  | DFND |  | 15448 | 0 | 0 |
| INNOVATOR HDGD NASDAQ100 ETF | ETP | 45783Y152 |  | 412122 | 14138 | SH |  | DFND |  | 14138 | 0 | 0 |
| ROUNDHILL AMZN WEEKLYPAY ETF | ETP | 77926X775 |  | 410281 | 9045 | SH |  | DFND |  | 9045 | 0 | 0 |
| GRAYSCALE COINDESK 5 ETF | ETP | G40705108 |  | 407063 | 7282 | SH |  | DFND |  | 7282 | 0 | 0 |
| SUMITOMO MITSUI-SPONS ADR | ADR | J7771X109 |  | 406514 | 24284 | SH |  | DFND |  | 24284 | 0 | 0 |
| FRANKLIN HIGH YIELD CORPORAT | ETP | 35473P629 |  | 406167 | 16558 | SH |  | DFND |  | 16558 | 0 | 0 |
| ISHARES S SMALL-CAP 600 GR | ETP | 464287887 |  | 405539 | 2866 | SH |  | DFND |  | 2866 | 0 | 0 |
| GLOBAL X S 500 RISK MANAGE | ETP | 37960A206 |  | 405470 | 22934 | SH |  | DFND |  | 22934 | 0 | 0 |
| INNO EQU DEF PRO ETF - 1 DE | ETP | 45784N858 |  | 405145 | 16039 | SH |  | DFND |  | 16039 | 0 | 0 |
| DIMENSIONAL EM EX CCE  ETF | ETP | 25434V534 |  | 402990 | 7125 | SH |  | DFND |  | 7125 | 0 | 0 |
| INNOVATOR EDP ETF - 1 YR SEP | ETP | 45784N106 |  | 399266 | 15072 | SH |  | DFND |  | 15072 | 0 | 0 |
| INNOVATOR EQUITY DEFINED PRO | ETP | 45783Y541 |  | 399183 | 13631 | SH |  | DFND |  | 13631 | 0 | 0 |
| ISHARES CORE 80/20 AGGRESSIV | ETP | 464289859 |  | 399009 | 4527 | SH |  | DFND |  | 4527 | 0 | 0 |
| YIELDMAX BABA OPT INC ST ETF | ETP | 88636R107 |  | 398708 | 21040 | SH |  | DFND |  | 21040 | 0 | 0 |
| GLOBAL X S 500 TAIL RISK E | ETP | 37960A107 |  | 397675 | 13057 | SH |  | DFND |  | 13057 | 0 | 0 |
| ROUNDHILL MSFT WEEKLYPAY ETF | ETP | 77926X734 |  | 394499 | 8416 | SH |  | DFND |  | 8416 | 0 | 0 |
| PGIM S 500 M BU ETF - APR | ETP | 69420N650 |  | 394203 | 15151 | SH |  | DFND |  | 15151 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N775 |  | 393347 | 13739 | SH |  | DFND |  | 13739 | 0 | 0 |
| GBL X INFRASTR DEVL EX-USETF | ETP | 37960A446 |  | 393024 | 13937 | SH |  | DFND |  | 13937 | 0 | 0 |
| BNY MELLON CORE BOND ETF | ETP | 09661T602 |  | 386339 | 9069 | SH |  | DFND |  | 9069 | 0 | 0 |
| FT VEST US EQ MAX BUF OCT | ETP | 33740F136 |  | 386320 | 12005 | SH |  | DFND |  | 12005 | 0 | 0 |
| OVERLAY SHRS HDG LRG CAP EQY | ETP | 53656F581 |  | 383916 | 9843 | SH |  | DFND |  | 9843 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP AUG | ETP | 00888H562 |  | 383471 | 13228 | SH |  | DFND |  | 13228 | 0 | 0 |
| FT BLOOMBERGNUCLEARPOWER ETF | ETP | 33734X721 |  | 380934 | 11607 | SH |  | DFND |  | 11607 | 0 | 0 |
| BUILD BOND INNOVATION ETF | ETP | 12009B101 |  | 380491 | 15048 | SH |  | DFND |  | 15048 | 0 | 0 |
| INNOVATOR US EQ AC 9 BUFF-J | ETP | 45783Y780 |  | 378757 | 12104 | SH |  | DFND |  | 12104 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP MAY | ETP | 00888H596 |  | 378636 | 12232 | SH |  | DFND |  | 12232 | 0 | 0 |
| GLOBAL X DOW 30 COV CALL ETF | ETP | 37960A859 |  | 377109 | 17259 | SH |  | DFND |  | 17259 | 0 | 0 |
| FT VEST US EQUITY DEEP BUFFE | ETP | 33740F698 |  | 376641 | 8066 | SH |  | DFND |  | 8066 | 0 | 0 |
| PINNACLE FOCUSED OPPORT ETF | ETP | 88634T519 |  | 376623 | 11853 | SH |  | DFND |  | 11853 | 0 | 0 |
| XTRACKERS HARVEST CSI 500 CH | ETP | 233051754 |  | 376543 | 9967 | SH |  | DFND |  | 9967 | 0 | 0 |
| INNOVATOR GRW 100 ACCEL QTR | ETP | 45783Y608 |  | 374319 | 9900 | SH |  | DFND |  | 9900 | 0 | 0 |
| VANECK DIGITAL TRANSFORMATIO | ETP | 92189H821 |  | 374274 | 17208 | SH |  | DFND |  | 17208 | 0 | 0 |
| CALAMOS SP500 SA PRO ETF JUN | ETP | 12811T746 |  | 374250 | 14009 | SH |  | DFND |  | 14009 | 0 | 0 |
| MILLER VALUE PARTNERS APP | ETP | 00777X561 |  | 373861 | 10777 | SH |  | DFND |  | 10777 | 0 | 0 |
| NEUBERGER BERMAN OPT STR ETF | ETP | 64135A705 |  | 372763 | 13878 | SH |  | DFND |  | 13878 | 0 | 0 |
| VANGUARD CA TAX-EX BOND | ETP | 922021605 |  | 370944 | 3718 | SH |  | DFND |  | 3718 | 0 | 0 |
| GRAYSCALE BTC COV CALL ETF | ETP | 38963H305 |  | 370720 | 11951 | SH |  | DFND |  | 11951 | 0 | 0 |
| BITWISE CRYPTO IND INNOV ETF | ETP | 301505624 |  | 369406 | 14735 | SH |  | DFND |  | 14735 | 0 | 0 |
| PACER SWAN SOS MODERATE APR | ETP | 69374H519 |  | 368717 | 12603 | SH |  | DFND |  | 12603 | 0 | 0 |
| INVESCO NATIONAL AMT-FREE MU | ETP | 46138E537 |  | 368701 | 15968 | SH |  | DFND |  | 15968 | 0 | 0 |
| BATTLESHARES TSLA VS F ETF | ETP | 45259A654 |  | 363771 | 16033 | SH |  | DFND |  | 16033 | 0 | 0 |
| INNOV GRW-100 POR BU ETF - F | ETP | 45784N791 |  | 363263 | 13356 | SH |  | DFND |  | 13356 | 0 | 0 |
| LVRG SHR 2X ACLR MSTR M ETF | ETP | 88340C305 |  | 362335 | 22000 | SH |  | DFND |  | 22000 | 0 | 0 |
| CALAMOS S 500 ALT SEPT | ETP | 12811T886 |  | 361073 | 13516 | SH |  | DFND |  | 13516 | 0 | 0 |
| FT VEST EME MAR BUF ETF - MA | ETP | 33740U380 |  | 357126 | 16043 | SH |  | DFND |  | 16043 | 0 | 0 |
| NORTH SHORE EQUITY ROTATION | ETP | 84858T855 |  | 354639 | 28002 | SH |  | DFND |  | 28002 | 0 | 0 |
| ALLIANZIM US LC BUFFER10 MAY | ETP | 00888H760 |  | 352924 | 9774 | SH |  | DFND |  | 9774 | 0 | 0 |
| ISHARES MSCI CHINA SMALL-CAP | ETP | 46429B200 |  | 350878 | 8892 | SH |  | DFND |  | 8892 | 0 | 0 |
| PACER SWAN SOS CONSERV APR | ETP | 69374H543 |  | 348960 | 12747 | SH |  | DFND |  | 12747 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C581 |  | 346912 | 7975 | SH |  | DFND |  | 7975 | 0 | 0 |
| DRDGOLD LTD-SPONSORED ADR | ADR | S22362107 |  | 346794 | 12565 | SH |  | DFND |  | 12565 | 0 | 0 |
| PARAMETRIC EQUITY PLUS ETF | ETP | 61774R775 |  | 346459 | 12165 | SH |  | DFND |  | 12165 | 0 | 0 |
| KRATOS DEFENSE  SECURITY | Common Stock | 50077B207 |  | 345104 | 3777 | SH |  | DFND |  | 3777 | 0 | 0 |
| INNVTR PR INC20 BAR ETF-OCT | ETP | 45783Y525 |  | 343866 | 14298 | SH |  | DFND |  | 14298 | 0 | 0 |
| SS SPDR BB EM USD BOND ETF | ETP | 78468R515 |  | 341691 | 13563 | SH |  | DFND |  | 13563 | 0 | 0 |
| TS STR OUTCOME AUG ETF | ETP | 210322814 |  | 340461 | 7918 | SH |  | DFND |  | 7918 | 0 | 0 |
| WISDOMTREE US MULTIFACTOR FU | ETP | 97717Y857 |  | 339807 | 6501 | SH |  | DFND |  | 6501 | 0 | 0 |
| JPMORGAN EQ AND OPTIN TR ETF | ETP | 46654Q567 |  | 338946 | 6558 | SH |  | DFND |  | 6558 | 0 | 0 |
| ISHARES EMERGING MARKETS INF | ETP | 464288216 |  | 338364 | 13165 | SH |  | DFND |  | 13165 | 0 | 0 |
| ISHARES HIGH YIELD SYSTEMATI | ETP | 46435G250 |  | 337068 | 7045 | SH |  | DFND |  | 7045 | 0 | 0 |
| INNV NASDAQ -100 10 B - QRT | ETP | 45783Y160 |  | 335647 | 11693 | SH |  | DFND |  | 11693 | 0 | 0 |
| VANGUARD US MINIMUM VOLATILI | ETP | 921935409 |  | 333784 | 2542 | SH |  | DFND |  | 2542 | 0 | 0 |
| INVTOR EDP ETF 2YR TO JY2026 | ETP | 45783Y236 |  | 333537 | 11654 | SH |  | DFND |  | 11654 | 0 | 0 |
| FIRST TRUST INDXX INNOVATIVE | ETP | 33741X201 |  | 333199 | 5927 | SH |  | DFND |  | 5927 | 0 | 0 |
| GLOBAL X INDIA ACTIVE ETF | ETP | 37960A552 |  | 332928 | 11619 | SH |  | DFND |  | 11619 | 0 | 0 |
| ALLIANZIM US BF15 UNCAP APR | ETP | 00888H612 |  | 332798 | 11175 | SH |  | DFND |  | 11175 | 0 | 0 |
| FT NSDQ 100 CN BUFF ETF-JUL | ETP | 33740F219 |  | 332654 | 14287 | SH |  | DFND |  | 14287 | 0 | 0 |
| INNOVATOR U.S. EQUITY ULTRA | ETP | 45782C300 |  | 331867 | 7878 | SH |  | DFND |  | 7878 | 0 | 0 |
| INNOVATOR EDP ETF 1 YR JULY | ETP | 45783Y251 |  | 331831 | 11550 | SH |  | DFND |  | 11550 | 0 | 0 |
| YIELDMAX TARGET 12 SC OI ETF | ETP | 88636R818 |  | 331532 | 5875 | SH |  | DFND |  | 5875 | 0 | 0 |
| RUNNING OAK EFFICIENT GR ETF | ETP | 48817R870 |  | 330522 | 9645 | SH |  | DFND |  | 9645 | 0 | 0 |
| OVERLAY SHARES SHRT TERM BON | ETP | 53656F573 |  | 329460 | 14721 | SH |  | DFND |  | 14721 | 0 | 0 |
| FT EQBUFF  - MARCH | ETP | 33740U620 |  | 329277 | 10544 | SH |  | DFND |  | 10544 | 0 | 0 |
| FORD MOTOR CO | Common Stock | 345370860 |  | 329246 | 27529 | SH |  | DFND |  | 27529 | 0 | 0 |
| LEATHERBACK LONG/SHORT ALT Y | ETP | 886364850 |  | 328329 | 13187 | SH |  | DFND |  | 13187 | 0 | 0 |
| KURV YLD PREM STR AAPL ETF | ETP | 500948500 |  | 324139 | 13546 | SH |  | DFND |  | 13546 | 0 | 0 |
| ROCKEFELLER CA MUNI BND ETF | ETP | 45259A860 |  | 323294 | 13351 | SH |  | DFND |  | 13351 | 0 | 0 |
| FIRST TRUST EXCHANGE-TRADED | ETP | 33740F508 |  | 321845 | 19016 | SH |  | DFND |  | 19016 | 0 | 0 |
| INNOV IN DVLP PWRB ETF - AUG | ETP | 45783Y145 |  | 318162 | 11415 | SH |  | DFND |  | 11415 | 0 | 0 |
| ISHARES CORE MSCI EUROPE ETF | ETP | 46434V738 |  | 317507 | 4661 | SH |  | DFND |  | 4661 | 0 | 0 |
| GLOBAL X MSCI COLOMBIA ETF | ETP | 37954Y327 |  | 317367 | 9667 | SH |  | DFND |  | 9667 | 0 | 0 |
| WELLTOWER INC | REIT | 95040Q104 |  | 316376 | 1776 | SH |  | DFND |  | 1776 | 0 | 0 |
| FTVESTUS MAX BUFF ETF MARCH | ETP | 33740U612 |  | 315828 | 9688 | SH |  | DFND |  | 9688 | 0 | 0 |
| INVESCO RAFI STRATEGIC US ET | ETP | 46138J742 |  | 313040 | 5670 | SH |  | DFND |  | 5670 | 0 | 0 |
| INNOVATOR G-100 P B ETF - JU | ETP | 45783Y269 |  | 309416 | 10046 | SH |  | DFND |  | 10046 | 0 | 0 |
| MILLER VALUE PATNR LEVG ETF | ETP | 00777X553 |  | 309005 | 8452 | SH |  | DFND |  | 8452 | 0 | 0 |
| INNV EQTY DD 10 BUF ETF-SEP | ETP | 45784N478 |  | 308506 | 14743 | SH |  | DFND |  | 14743 | 0 | 0 |
| FIRST TRUST NASDAQ SEMICONDU | ETP | 33738R811 |  | 306871 | 2744 | SH |  | DFND |  | 2744 | 0 | 0 |
| BEAM THERAPEUTICS INC | Common Stock | 07373V105 |  | 304734 | 12556 | SH |  | DFND |  | 12556 | 0 | 0 |
| WISDOMTREE TARGET RANGE FUND | ETP | 97717Y675 |  | 303905 | 11777 | SH |  | DFND |  | 11777 | 0 | 0 |
| OVERLAY SHARES MUNICIPAL BON | ETP | 53656F854 |  | 302845 | 14016 | SH |  | DFND |  | 14016 | 0 | 0 |
| IN EQU D PR ETF - 2 Y O 2026 | ETP | 45784N601 |  | 300146 | 11431 | SH |  | DFND |  | 11431 | 0 | 0 |
| ISHARES INTERNATIONAL TREASU | ETP | 464288117 |  | 299563 | 7032 | SH |  | DFND |  | 7032 | 0 | 0 |
| ROCKWELL AUTOMATION INC | Common Stock | 773903109 |  | 299197 | 856 | SH |  | DFND |  | 856 | 0 | 0 |
| TRUESHARES QUARTLY B HDG ETF | ETP | 210322509 |  | 298342 | 12108 | SH |  | DFND |  | 12108 | 0 | 0 |
| INVTR EQ D DI 15 B ETF - JUL | ETP | 45784N536 |  | 298138 | 14763 | SH |  | DFND |  | 14763 | 0 | 0 |
| FLEXSHARES MORNINGSTAR EMERG | ETP | 33939L308 |  | 297612 | 4716 | SH |  | DFND |  | 4716 | 0 | 0 |
| PROLOGIS INC | REIT | 74340W103 |  | 297293 | 2596 | SH |  | DFND |  | 2596 | 0 | 0 |
| TRUESHARES STRUC OUTCOME NOV | ETP | 210322772 |  | 296112 | 6638 | SH |  | DFND |  | 6638 | 0 | 0 |
| AB MODERATE BUFFER ETF | ETP | 00039J798 |  | 293944 | 7707 | SH |  | DFND |  | 7707 | 0 | 0 |
| MATTHEWS INDIA ETF | ETP | 577130610 |  | 292592 | 9948 | SH |  | DFND |  | 9948 | 0 | 0 |
| INVESCO BULLETSHARES 2029 HY | ETP | 46138J395 |  | 292273 | 13550 | SH |  | DFND |  | 13550 | 0 | 0 |
| JPMORGAN ACTIVE BOND ETF | ETP | 46654Q716 |  | 291922 | 5390 | SH |  | DFND |  | 5390 | 0 | 0 |
| RIO TINTO PLC-SPON ADR | ADR | G75754104 |  | 291764 | 4420 | SH |  | DFND |  | 4420 | 0 | 0 |
| ISHARES IBONDS 2025 H/Y INC | ETP | 46435U168 |  | 291387 | 12549 | SH |  | DFND |  | 12549 | 0 | 0 |
| SIMPLIFY BOND BULL ETF | ETP | 82889N376 |  | 289744 | 6784 | SH |  | DFND |  | 6784 | 0 | 0 |
| YIELDMAX AI OP INC STR ETF | ETP | 88636J790 |  | 288580 | 112288 | SH |  | DFND |  | 112288 | 0 | 0 |
| INVESCO BULLETSHARES 2025 MB | ETP | 46138J528 |  | 287065 | 11705 | SH |  | DFND |  | 11705 | 0 | 0 |
| DEF NASDAQ 100 LS INC ETF | ETP | 88636V884 |  | 286477 | 5615 | SH |  | DFND |  | 5615 | 0 | 0 |
| XTRACKERS MUNICIPAL INFRASTR | ETP | 233051705 |  | 286196 | 11601 | SH |  | DFND |  | 11601 | 0 | 0 |
| GLOBAL X RUSS 2000 CC  GR | ETP | 37960A776 |  | 286191 | 12692 | SH |  | DFND |  | 12692 | 0 | 0 |
| ADAPTIVE HEDGED MULTI-ASSET | ETP | 85521B783 |  | 284153 | 34674 | SH |  | DFND |  | 34674 | 0 | 0 |
| SHINHAN FINANCIAL GROUP-ADR | ADR | Y7749X101 |  | 283532 | 5629 | SH |  | DFND |  | 5629 | 0 | 0 |
| FT VEST US EQUITY BUFFER ETF | ETP | 33740U208 |  | 282680 | 5165 | SH |  | DFND |  | 5165 | 0 | 0 |
| FABRINET | Common Stock | G3323L100 |  | 281486 | 772 | SH |  | DFND |  | 772 | 0 | 0 |
| ROUNDHILL NFLX WEEKLYPAY ETF | ETP | 77926X643 |  | 281428 | 6770 | SH |  | DFND |  | 6770 | 0 | 0 |
| STKD 100 MSTR  100 COIN ETF | ETP | 88636R388 |  | 280818 | 13216 | SH |  | DFND |  | 13216 | 0 | 0 |
| ENGY SEL SECT SPDR PREM INC | ETP | 81369Y829 |  | 278706 | 11111 | SH |  | DFND |  | 11111 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N502 |  | 277139 | 8887 | SH |  | DFND |  | 8887 | 0 | 0 |
| TRUESHARES STRUCTURED OC JUN | ETP | 210322830 |  | 277138 | 8432 | SH |  | DFND |  | 8432 | 0 | 0 |
| CAL S 500 SR AT PR ETF - N | ETP | 12811T811 |  | 277011 | 10412 | SH |  | DFND |  | 10412 | 0 | 0 |
| PIMCO RAFI DYNAMIC MULTI-FAC | ETP | 72202L389 |  | 276751 | 12290 | SH |  | DFND |  | 12290 | 0 | 0 |
| FIRST TRUST DOW JONES INTL | ETP | 33734X770 |  | 276675 | 7140 | SH |  | DFND |  | 7140 | 0 | 0 |
| SS SPDR P INT C CORP ETF | ETP | 78464A375 |  | 273627 | 8074 | SH |  | DFND |  | 8074 | 0 | 0 |
| FIRST TRUST MANAGED MUNICIPA | ETP | 33739N108 |  | 272622 | 5377 | SH |  | DFND |  | 5377 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N791 |  | 271528 | 9069 | SH |  | DFND |  | 9069 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | Common Stock | 40171V100 |  | 270775 | 1178 | SH |  | DFND |  | 1178 | 0 | 0 |
| ROUNDHILL WEEKLY T-BILL ETF | ETP | 77926X676 |  | 270654 | 2706 | SH |  | DFND |  | 2706 | 0 | 0 |
| LEV 2X ACC PLTR M ETF | ETP | 88340C503 |  | 269546 | 14210 | SH |  | DFND |  | 14210 | 0 | 0 |
| IN ED PR ETF - 2YR TO A 2026 | ETP | 45783Y335 |  | 269488 | 9647 | SH |  | DFND |  | 9647 | 0 | 0 |
| THEMES HUMANOID ROBOTICS ETF | ETP | 882927833 |  | 268524 | 6737 | SH |  | DFND |  | 6737 | 0 | 0 |
| BWX TECHNOLOGIES INC | Common Stock | 05605H100 |  | 264202 | 1433 | SH |  | DFND |  | 1433 | 0 | 0 |
| TRUESHARE QRT BULL HDGE ETF | ETP | 210322400 |  | 264116 | 10133 | SH |  | DFND |  | 10133 | 0 | 0 |
| WESTWD SAT ENCD MDSTR IN ETF | ETP | 90386K589 |  | 263280 | 9857 | SH |  | DFND |  | 9857 | 0 | 0 |
| ISHARES IBONDS 2027 HY INC | ETP | 46436E478 |  | 262593 | 11676 | SH |  | DFND |  | 11676 | 0 | 0 |
| ALLIANZIM US 6M FLR5 JAN-JUL | ETP | 00888H638 |  | 262572 | 8401 | SH |  | DFND |  | 8401 | 0 | 0 |
| FT VEST US EQT EQ WGT BUF JN | ETP | 33740F227 |  | 260204 | 7695 | SH |  | DFND |  | 7695 | 0 | 0 |
| DIMENSIONAL CORE FIXED INC | ETP | 25434V872 |  | 259852 | 6077 | SH |  | DFND |  | 6077 | 0 | 0 |
| INTELLIA THERAPEUTICS INC | Common Stock | 45826J105 |  | 257927 | 14935 | SH |  | DFND |  | 14935 | 0 | 0 |
| ETC 6 MERIDIAN HEDGED EQUITY | ETP | 301505665 |  | 257336 | 6655 | SH |  | DFND |  | 6655 | 0 | 0 |
| GRANITE YIELDBOOST COIN ETF | ETP | 38747R371 |  | 257277 | 14365 | SH |  | DFND |  | 14365 | 0 | 0 |
| VISTASHARES TAR15 AC INC ETF | ETP | 45259A316 |  | 254098 | 12724 | SH |  | DFND |  | 12724 | 0 | 0 |
| XTRACKERS US GREEN INFRA ETF | ETP | 23306X704 |  | 253792 | 10945 | SH |  | DFND |  | 10945 | 0 | 0 |
| ARCHER-DANIELS-MIDLAND CO | Common Stock | 039483102 |  | 253118 | 4237 | SH |  | DFND |  | 4237 | 0 | 0 |
| PUTNAM PANAGORA ESG EMER EQ | ETP | 746729706 |  | 253093 | 9227 | SH |  | DFND |  | 9227 | 0 | 0 |
| FREEDOM 100 EMEGING MRKT ETF | ETP | 02072L607 |  | 252788 | 5705 | SH |  | DFND |  | 5705 | 0 | 0 |
| THEMES SILVER MINERS ETF | ETP | 882927817 |  | 252733 | 4685 | SH |  | DFND |  | 4685 | 0 | 0 |
| INN US SML CAP P B ETF - DEC | ETP | 45784N833 |  | 251898 | 9890 | SH |  | DFND |  | 9890 | 0 | 0 |
| FT VEST 20 YR TSY  TARG INC | ETP | 33738D721 |  | 251720 | 12726 | SH |  | DFND |  | 12726 | 0 | 0 |
| FT VEST INTERNATIONAL EQUITY | ETP | 33740F656 |  | 251152 | 9782 | SH |  | DFND |  | 9782 | 0 | 0 |
| CACI INTERNATIONAL INC -CL A | Common Stock | 127190304 |  | 250886 | 503 | SH |  | DFND |  | 503 | 0 | 0 |
| FIDELITY MOMENTUM FACTOR ETF | ETP | 316092816 |  | 250341 | 3010 | SH |  | DFND |  | 3010 | 0 | 0 |
| SS BLACKSTONE HIGH INC ETF | ETP | 78470P846 |  | 248452 | 8672 | SH |  | DFND |  | 8672 | 0 | 0 |
| GLOBAL X NASDAQ 100 TAIL RIS | ETP | 37960A404 |  | 248389 | 6990 | SH |  | DFND |  | 6990 | 0 | 0 |
| OSI SYSTEMS INC | Common Stock | 671044105 |  | 247744 | 994 | SH |  | DFND |  | 994 | 0 | 0 |
| GLOBAL X RUSSELL 2000 COV CL | ETP | 37954Y459 |  | 247572 | 16450 | SH |  | DFND |  | 16450 | 0 | 0 |
| NORTHROP GRUMMAN CORP | Common Stock | 666807102 |  | 247383 | 406 | SH |  | DFND |  | 406 | 0 | 0 |
| GLOBAL X BRAZIL ACTIVE ETF | ETP | 37960A560 |  | 245716 | 9359 | SH |  | DFND |  | 9359 | 0 | 0 |
| CAP GROUP CORE BALANCED | ETP | 14021D107 |  | 245505 | 7071 | SH |  | DFND |  | 7071 | 0 | 0 |
| TRADR 2X LNG PONY DLY ETF | ETP | 46092D657 |  | 245146 | 4087 | SH |  | DFND |  | 4087 | 0 | 0 |
| TERADYNE INC | Common Stock | 880770102 |  | 243898 | 1772 | SH |  | DFND |  | 1772 | 0 | 0 |
| FRANKLIN BITCOIN ETF | ETP | 354921108 |  | 242725 | 3666 | SH |  | DFND |  | 3666 | 0 | 0 |
| SS NUVEEN MUNI ESG ETF | ETP | 78470P853 |  | 242463 | 8329 | SH |  | DFND |  | 8329 | 0 | 0 |
| ALPS SMTH COR BD PLUS ETF | ETP | 00162Q346 |  | 241980 | 9250 | SH |  | DFND |  | 9250 | 0 | 0 |
| VANGUARD FTSE ALL WO X-US SC | ETP | 922042718 |  | 238343 | 1672 | SH |  | DFND |  | 1672 | 0 | 0 |
| INNOV PRM INC 9BUFF ETF OCT | ETP | 45783Y467 |  | 238061 | 9990 | SH |  | DFND |  | 9990 | 0 | 0 |
| ISHARES US TREASURY BOND ETF | ETP | 46429B267 |  | 237927 | 10291 | SH |  | DFND |  | 10291 | 0 | 0 |
| ACRUENCE ACTIVE HEDGE US ETF | ETP | 886364744 |  | 237005 | 10109 | SH |  | DFND |  | 10109 | 0 | 0 |
| ISHARES DYN ACT ETF | ETP | 09290C723 |  | 235205 | 9293 | SH |  | DFND |  | 9293 | 0 | 0 |
| FT VEST EMERGING MAR B JUN | ETP | 33740U349 |  | 234821 | 10771 | SH |  | DFND |  | 10771 | 0 | 0 |
| DEFIANCE LEV LNG PLUS INC SMCI | ETP | 88636V124 |  | 234639 | 10383 | SH |  | DFND |  | 10383 | 0 | 0 |
| CON DIS SEL SCT SPDR PRM INC | ETP | 81369Y738 |  | 234507 | 9096 | SH |  | DFND |  | 9096 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N700 |  | 233463 | 8038 | SH |  | DFND |  | 8038 | 0 | 0 |
| REX COIN GROWTH  INCOME ETF | ETP | 761562107 |  | 233188 | 9514 | SH |  | DFND |  | 9514 | 0 | 0 |
| PIMCO ULTRA SHRT GOVT ACTIVE | ETP | 72201R577 |  | 231623 | 2289 | SH |  | DFND |  | 2289 | 0 | 0 |
| RECURSION PHARMACEUTICALS-A | Common Stock | 75629V104 |  | 231619 | 47463 | SH |  | DFND |  | 47463 | 0 | 0 |
| INNOVATOR U.S. EQUITY BUFFER | ETP | 45782C755 |  | 228113 | 4987 | SH |  | DFND |  | 4987 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N882 |  | 227892 | 7533 | SH |  | DFND |  | 7533 | 0 | 0 |
| TRADR 2X LNG NBIS DLY ETF | ETP | 46092D673 |  | 227597 | 3549 | SH |  | DFND |  | 3549 | 0 | 0 |
| CAMBRIA TAIL RISK ETF | ETP | 132061862 |  | 227396 | 19222 | SH |  | DFND |  | 19222 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C870 |  | 227244 | 5924 | SH |  | DFND |  | 5924 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER | ETP | 45782C318 |  | 225629 | 5801 | SH |  | DFND |  | 5801 | 0 | 0 |
| T-REX 2X LNG ARM DLY TRG ETF | ETP | 26923N298 |  | 224600 | 8718 | SH |  | DFND |  | 8718 | 0 | 0 |
| SMURFIT WESTROCK PLC | Common Stock | G8267P108 |  | 224386 | 5271 | SH |  | DFND |  | 5271 | 0 | 0 |
| HUNTINGTON INGALLS INDUSTRIE | Common Stock | 446413106 |  | 223418 | 776 | SH |  | DFND |  | 776 | 0 | 0 |
| ISHARES FUTURE AI  TECH ETF | ETP | 46435U556 |  | 223177 | 4875 | SH |  | DFND |  | 4875 | 0 | 0 |
| PGIM S 500 BUFFER 20 ETF - | ETP | 69420N809 |  | 223011 | 7847 | SH |  | DFND |  | 7847 | 0 | 0 |
| PGIM S 500 BUFFER 12 ETF - | ETP | 69420N866 |  | 222578 | 7446 | SH |  | DFND |  | 7446 | 0 | 0 |
| RH TACTICAL OUTLOOK | ETP | 85521B759 |  | 221928 | 12305 | SH |  | DFND |  | 12305 | 0 | 0 |
| ROUNDHILL S 500 NO DIV ETF | ETP | 77926X833 |  | 221483 | 8214 | SH |  | DFND |  | 8214 | 0 | 0 |
| AMPLIFY CWP GRW  INC ETF | ETP | 032108524 |  | 221197 | 7617 | SH |  | DFND |  | 7617 | 0 | 0 |
| INNOVATOR EQ MNG 100 BFR ETF | ETP | 45784N619 |  | 220680 | 8315 | SH |  | DFND |  | 8315 | 0 | 0 |
| ISHARES LARGE CAP ACCELERATE | ETP | 46438G463 |  | 220495 | 8162 | SH |  | DFND |  | 8162 | 0 | 0 |
| 10X GENOMICS INC-CLASS A | Common Stock | 88025U109 |  | 220391 | 18853 | SH |  | DFND |  | 18853 | 0 | 0 |
| INVESCO GALAXY ETH ETF | ETP | 46148D107 |  | 219825 | 5297 | SH |  | DFND |  | 5297 | 0 | 0 |
| FIRST TRUST INDXX GLOBAL NAT | ETP | 33734X838 |  | 218952 | 14410 | SH |  | DFND |  | 14410 | 0 | 0 |
| INV US SML CAP PB ETF - AUG | ETP | 45783Y137 |  | 218306 | 8397 | SH |  | DFND |  | 8397 | 0 | 0 |
| INQQ THE INDIA INTERNET ETF | ETP | 301505558 |  | 218290 | 13993 | SH |  | DFND |  | 13993 | 0 | 0 |
| TRADR 2X LONG CLSK DAILY ETF | ETP | 46092D590 |  | 217651 | 4687 | SH |  | DFND |  | 4687 | 0 | 0 |
| KENSINGTON HEDGED PRM IN ETF | ETP | 56167N183 |  | 217515 | 8520 | SH |  | DFND |  | 8520 | 0 | 0 |
| EQUINIX INC | REIT | 29444U700 |  | 216174 | 276 | SH |  | DFND |  | 276 | 0 | 0 |
| NYLI MACKAY CA MUNI INTERM | ETP | 45409F777 |  | 214905 | 9883 | SH |  | DFND |  | 9883 | 0 | 0 |
| INVESCO BULLETSHARES 2030 HY | ETP | 46139W841 |  | 212759 | 8133 | SH |  | DFND |  | 8133 | 0 | 0 |
| ADVISORSHARES EQUITY FOCUSED | ETP | 00768Y560 |  | 212274 | 3093 | SH |  | DFND |  | 3093 | 0 | 0 |
| ISHARES MSCI BELGIUM ETF | ETP | 464286301 |  | 209503 | 9020 | SH |  | DFND |  | 9020 | 0 | 0 |
| ISHARES IBONDS 2028 TM HY IN | ETP | 46436E387 |  | 209443 | 8778 | SH |  | DFND |  | 8778 | 0 | 0 |
| MTRL SEL SECT SPDR PREM INC | ETP | 81369Y845 |  | 208379 | 8427 | SH |  | DFND |  | 8427 | 0 | 0 |
| COMM SEL SECT SPDR PREM INC | ETP | 81369Y837 |  | 206785 | 7929 | SH |  | DFND |  | 7929 | 0 | 0 |
| HULL TACTICAL US ETF | ETP | 14064D519 |  | 206431 | 4839 | SH |  | DFND |  | 4839 | 0 | 0 |
| MATTHEWS EM MKT EQTY ACTIVE | ETP | 577125818 |  | 205569 | 5672 | SH |  | DFND |  | 5672 | 0 | 0 |
| DEFIANCE LE CAP EX-MAG 7 ETF | ETP | 88636R743 |  | 205399 | 9273 | SH |  | DFND |  | 9273 | 0 | 0 |
| INVESCO NEW YORK AMT-FREE MU | ETP | 46138E529 |  | 205084 | 9221 | SH |  | DFND |  | 9221 | 0 | 0 |
| ISHARES MSCI PERU AND GLOBAL | ETP | 464289842 |  | 204795 | 3330 | SH |  | DFND |  | 3330 | 0 | 0 |
| TAKEDA PHARMACEUTIC-SP ADR | ADR | J8129E108 |  | 203481 | 13899 | SH |  | DFND |  | 13899 | 0 | 0 |
| FRANKLIN SENIOR LOAN ETF | ETP | 35473P595 |  | 203089 | 8455 | SH |  | DFND |  | 8455 | 0 | 0 |
| DRX DLY S BIOTECH BULL 3X | ETP | 25460G120 |  | 201823 | 2156 | SH |  | DFND |  | 2156 | 0 | 0 |
| VANGUARD RUSSELL 1000 VALUE | ETP | 92206C714 |  | 201529 | 2255 | SH |  | DFND |  | 2255 | 0 | 0 |
| INNOVATOR INTERNATIONAL DEVE | ETP | 45782C367 |  | 201401 | 6698 | SH |  | DFND |  | 6698 | 0 | 0 |
| AVANTIS US SMALL CAP VALUE | ETP | 025072877 |  | 201150 | 2021 | SH |  | DFND |  | 2021 | 0 | 0 |
| PAGERDUTY INC | Common Stock | 69553P100 |  | 175805 | 10642 | SH |  | DFND |  | 10642 | 0 | 0 |
| METALLA ROYALTY  STREAMING | Common Stock | 59124U605 |  | 169672 | 26720 | SH |  | DFND |  | 26720 | 0 | 0 |
| GRANITE YIELDBOOST TSLA ETF | ETP | 38747R611 |  | 165588 | 19527 | SH |  | DFND |  | 19527 | 0 | 0 |
| EVOTEC SE - SPON ADR | ADR | D1646D105 |  | 55963 | 15417 | SH |  | DFND |  | 15417 | 0 | 0 |
| GOLD RESOURCE CORP | Common Stock | 38068T105 |  | 8677 | 10378 | SH |  | DFND |  | 10378 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETP | 464288257 |  | 326852 | 26800 | SH | Call | DFND |  | 0 | 0 | 0 |
| C3.AI INC-A | Common Stock | 12468P104 |  | 53221 | 209800 | SH | Call | DFND |  | 0 | 0 | 0 |
| ARK INNOVATION ETF | ETP | 00214Q104 |  | 1056938 | 274100 | SH | Call | DFND |  | 0 | 0 | 0 |
| XTRACKERS HARVEST CSI 300 CH | ETP | 233051879 |  | 272055 | 86200 | SH | Call | DFND |  | 0 | 0 | 0 |
| PROSHARES BITCOIN ETF-USD | ETP | 74347G440 |  | 3136 | 29000 | SH | Call | DFND |  | 0 | 0 | 0 |
| COINBASE GLOBAL INC -CLASS A | Common Stock | 19260Q107 |  | 12266305 | 916200 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI EMERGING MARKET | ETP | 464287234 |  | 13150193 | 3926700 | SH | Call | DFND |  | 0 | 0 | 0 |
| PROSHARES ETHER ETF-USD INC | ETP | 74349Y100 |  | 862958 | 389000 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETP | 464287465 |  | 39559100 | 2053000 | SH | Call | DFND |  | 0 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI ETF | ETP | 38964R203 |  | 245400 | 122700 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES ETHEREUM TRUST ETF | ETP | 46438R105 |  | 147450 | 406600 | SH | Call | DFND |  | 0 | 0 | 0 |
| GRAYSCALE ETHEREUM TRUST ETF | ETP | 389638107 |  | 188500 | 150800 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | ETP | 464287184 |  | 157984 | 103700 | SH | Call | DFND |  | 0 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | ETP | 389637109 |  | 874421 | 416700 | SH | Call | DFND |  | 0 | 0 | 0 |
| GAMESTOP CORP-CLASS A | Common Stock | 36467W109 |  | 23986 | 10100 | SH | Call | DFND |  | 0 | 0 | 0 |
| ROBINHOOD MARKETS INC - A | Common Stock | 770700102 |  | 3408873 | 311400 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | ETP | 46438F101 |  | 3075158 | 1513800 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETP | 464287200 |  | 7452857 | 181900 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETP | 464287655 |  | 85762662 | 2876300 | SH | Call | DFND |  | 0 | 0 | 0 |
| KRANESH CSI CHINA INTERNET | ETP | 500767306 |  | 1356235 | 709200 | SH | Call | DFND |  | 0 | 0 | 0 |
| ROUNDHILL MAGNIFICENT SEVEN | ETP | 53656G498 |  | 423252 | 883800 | SH | Call | DFND |  | 0 | 0 | 0 |
| MARA HOLDINGS INC | Common Stock | 565788106 |  | 876844 | 1620600 | SH | Call | DFND |  | 0 | 0 | 0 |
| STRATEGY INC | Common Stock | 594972408 |  | 130495470 | 1157100 | SH | Call | DFND |  | 0 | 0 | 0 |
| INVESCO QQQ TRUST SERIES 1 | ETP | 46090E103 |  | 367959133 | 2533400 | SH | Call | DFND |  | 0 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT | ETP | 46137V357 |  | 1632160 | 317500 | SH | Call | DFND |  | 0 | 0 | 0 |
| SS SPDR P S 500 ETF | ETP | 78464A854 |  | 1000814 | 124800 | SH | Call | DFND |  | 0 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 1209209033 | 13288500 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES 20 PLUS  YEAR TREASURY BD | ETP | 464287432 |  | 7161466 | 6768000 | SH | Call | DFND |  | 0 | 0 | 0 |
| PROSHARES ULTRAPRO QQQ | ETP | 74347X831 |  | 224529 | 137700 | SH | Call | DFND |  | 0 | 0 | 0 |
| TESLA INC | Common Stock | 88160R101 |  | 36547567 | 378600 | SH | Call | DFND |  | 0 | 0 | 0 |
| VANGUARD S 500 ETF | ETP | 922908363 |  | 7418016 | 129800 | SH | Call | DFND |  | 0 | 0 | 0 |
| VANGUARD TOTAL STOCK MKT ETF | ETP | 922908769 |  | 5970533 | 140500 | SH | Call | DFND |  | 0 | 0 | 0 |
| IPATH SERIES B S 500 VIX | ETP | 06748M196 |  | 183122 | 154100 | SH | Call | DFND |  | 0 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETP | 464288257 |  | 40134 | 32300 | SH | Put | DFND |  | 32300 | 0 | 0 |
| C3.AI INC-A | Common Stock | 12468P104 |  | 642946 | 444700 | SH | Put | DFND |  | 444700 | 0 | 0 |
| ARK INNOVATION ETF | ETP | 00214Q104 |  | 11305 | 11900 | SH | Put | DFND |  | 11900 | 0 | 0 |
| PROSHARES BITCOIN ETF-USD | ETP | 74347G440 |  | 8010 | 32500 | SH | Put | DFND |  | 32500 | 0 | 0 |
| COINBASE GLOBAL INC -CLASS A | Common Stock | 19260Q107 |  | 6113327 | 571300 | SH | Put | DFND |  | 571300 | 0 | 0 |
| ISHARES MSCI EMERGING MARKET | ETP | 464287234 |  | 976275 | 4661500 | SH | Put | DFND |  | 4661500 | 0 | 0 |
| PROSHARES ETHER ETF-USD INC | ETP | 74349Y100 |  | 3717517 | 389000 | SH | Put | DFND |  | 389000 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETP | 464287465 |  | 1106513 | 2417500 | SH | Put | DFND |  | 2417500 | 0 | 0 |
| ISHARES ETHEREUM TRUST ETF | ETP | 46438R105 |  | 385065 | 203600 | SH | Put | DFND |  | 203600 | 0 | 0 |
| ISHARES MSCI JAPAN ETF | ETP | 46434G822 |  | 54442 | 52300 | SH | Put | DFND |  | 52300 | 0 | 0 |
| SPDR EURO STOXX 50 ETF | ETP | 78463X202 |  | 14055 | 37100 | SH | Put | DFND |  | 37100 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | ETP | 464287184 |  | 36813 | 167700 | SH | Put | DFND |  | 167700 | 0 | 0 |
| GAMESTOP CORP-CLASS A | Common Stock | 36467W109 |  | 36738 | 32500 | SH | Put | DFND |  | 32500 | 0 | 0 |
| ROBINHOOD MARKETS INC - A | Common Stock | 770700102 |  | 245132 | 405500 | SH | Put | DFND |  | 405500 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | ETP | 46438F101 |  | 784579 | 295300 | SH | Put | DFND |  | 295300 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETP | 464287200 |  | 1770559 | 165800 | SH | Put | DFND |  | 165800 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETP | 464287655 |  | 5494381 | 3107800 | SH | Put | DFND |  | 3107800 | 0 | 0 |
| MARA HOLDINGS INC | Common Stock | 565788106 |  | 54221 | 217900 | SH | Put | DFND |  | 217900 | 0 | 0 |
| STRATEGY INC | Common Stock | 594972408 |  | 79347785 | 2103800 | SH | Put | DFND |  | 2103800 | 0 | 0 |
| INVESCO QQQ TRUST SERIES 1 | ETP | 46090E103 |  | 42275855 | 3651500 | SH | Put | DFND |  | 3651500 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT | ETP | 46137V357 |  | 590085 | 316900 | SH | Put | DFND |  | 316900 | 0 | 0 |
| SS SPDR P S 500 ETF | ETP | 78464A854 |  | 7224 | 19100 | SH | Put | DFND |  | 19100 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 114655321 | 18801600 | SH | Put | DFND |  | 18801600 | 0 | 0 |
| ISHARES 20 PLUS  YEAR TREASURY BD | ETP | 464287432 |  | 6488131 | 4998700 | SH | Put | DFND |  | 4998700 | 0 | 0 |
| PROSHARES ULTRAPRO QQQ | ETP | 74347X831 |  | 82272 | 140500 | SH | Put | DFND |  | 140500 | 0 | 0 |
| TESLA INC | Common Stock | 88160R101 |  | 6663619 | 326600 | SH | Put | DFND |  | 326600 | 0 | 0 |
| VANGUARD S 500 ETF | ETP | 922908363 |  | 852398 | 85600 | SH | Put | DFND |  | 85600 | 0 | 0 |
| VANGUARD TOTAL STOCK MKT ETF | ETP | 922908769 |  | 69660 | 19300 | SH | Put | DFND |  | 19300 | 0 | 0 |
| IPATH SERIES B S 500 VIX | ETP | 06748M196 |  | 786061 | 111900 | SH | Put | DFND |  | 111900 | 0 | 0 |

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