# EDGAR Filing Document

**Accession Number:** 0001415912
**File Stem:** 0001178913-25-002578
**Filing Date:** 2025-8
**Character Count:** 41007
**Document Hash:** e538dff00958b2b6d14474b6829cbfc7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001178913-25-002578.hdr.sgml**: 20250804

**ACCESSION NUMBER**: 0001178913-25-002578

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250804

**DATE AS OF CHANGE**: 20250804

**EFFECTIVENESS DATE**: 20250804

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Migdal Insurance & Financial Holdings Ltd.
- **CENTRAL INDEX KEY:** 0001415912

**ORGANIZATION NAME:**
- **EIN:** 930000948
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17312
- **FILM NUMBER:** 251177892

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4, EF'AL STREET
- **CITY:** PETACH TIKVA
- **PROVINCE COUNTRY:** L3
- **ZIP:** 4951104
- **BUSINESS PHONE:** 972-3-9168959

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4, EF'AL STREET
- **CITY:** PETACH TIKVA
- **PROVINCE COUNTRY:** L3
- **ZIP:** 4951104

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Migdal Insurance  Financial Holdings Ltd.<br>**Address:** 4 EF'AL STREET<br>Petach Tikva, L3 4951104

**Form 13F File Number:** 028-17312

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:** Itai Yanai<br>**Title:** CFO<br>**Phone:** 972-76-8868490

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

/s/ Itai Yanai  Petach Tikva, L3  08-04-2025<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:** 4

**Form 13F Information Table Entry Total:** 356

**Form 13F Information Table Value Total:** $8422912

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

| No.   | Name                                               | Form 13F File Number   |
|:---|:---|:---|
|  | Migdal Insurance Co Ltd                            | 028-17386              |
|  | Migdal Makefet Pension Funds  Provident Funds Ltd  | 028-17385              |
|  | Migdal Investment Portfolio Management (1998) Ltd. | 028-18263              |
|  | Migdal Mutual Funds Ltd                            | 028-18262              |

### 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 |
| ABBVIE INC | Common Stock | 00287Y109 |  | 24237 | 130575 | SH |  | DFND | 123 | 130575 | 0 | 0 |
| ACUITY INC COM | Common Stock | 00508Y102 |  | 36 | 121 | SH |  | DFND | 4 | 121 | 0 | 0 |
| ADOBE INC | Common Stock | 00724F101 |  | 24294 | 62795 | SH |  | DFND | 124 | 62795 | 0 | 0 |
| AIRSHIP AI HOLDINGS INC | Common Stock | 008940108 |  | 3534 | 600000 | SH |  | DFND | 12 | 600000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC COM | Common Stock | 00971T101 |  | 479 | 6004 | SH |  | DFND | 4 | 6004 | 0 | 0 |
| ALIBABA GROUP HLDG LTD SPONSORED ADS | ADR | 01609W102 |  | 1065 | 9348 | SH |  | DFND | 34 | 9348 | 0 | 0 |
| ALPHABET INC CAP STK CL A | Common Stock | 02079K305 |  | 2896 | 16292 | SH |  | DFND | 34 | 16292 | 0 | 0 |
| ALPHABET INC-CL C | Common Stock | 02079K107 |  | 158919 | 895855 | SH |  | DFND | 1234 | 895855 | 0 | 0 |
| AMAZON.COM INC | Common Stock | 023135106 |  | 311073 | 1417900 | SH |  | DFND | 12 | 1417900 | 0 | 0 |
| APPFOLIO INC COM CL A | Common Stock | 03783C100 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| APPLE INC | Common Stock | 037833100 |  | 201210 | 980700 | SH |  | DFND | 12 | 980700 | 0 | 0 |
| APPLIED MATERIALS INC | Common Stock | 038222105 |  | 47598 | 260000 | SH |  | DFND | 12 | 260000 | 0 | 0 |
| ARBE ROBOTICS LTD | Common Stock | M1R95N100 |  | 2136 | 1200000 | SH |  | DFND | 12 | 1200000 | 0 | 0 |
| ASML HOLDING N V N Y REGISTRY SHS | NY Reg Shrs | N07059210 |  | 1908 | 2386 | SH |  | DFND | 4 | 2386 | 0 | 0 |
| BANK OF AMERICA CORP | Common Stock | 060505104 |  | 34558 | 730308 | SH |  | DFND | 123 | 730308 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Common Stock | 084670702 |  | 1215 | 2501 | SH |  | DFND | 3 | 2501 | 0 | 0 |
| BIONTECH SE SPONSORED ADS | ADR | 09075V102 |  | 65 | 605 | SH |  | DFND | 4 | 605 | 0 | 0 |
| BITWISE BITCOIN ETF TR SHS BEN INT | ETP | 09174C104 |  | 390 | 6659 | SH |  | DFND | 4 | 6659 | 0 | 0 |
| BLACKBAUD INC COM | Common Stock | 09227Q100 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| BLACKLINE INC COM | Common Stock | 09239B109 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| BLEND LABS INC CL A | Common Stock | 09352U108 |  | 0 | 5 | SH |  | DFND | 4 | 5 | 0 | 0 |
| BOOKING HOLDINGS INC COM | Common Stock | 09857L108 |  | 145 | 25 | SH |  | DFND | 4 | 25 | 0 | 0 |
| BOSTON SCIENTIFIC CORP COM | Common Stock | 101137107 |  | 37 | 344 | SH |  | DFND | 4 | 344 | 0 | 0 |
| BOX INC CL A | Common Stock | 10316T104 |  | 0 | 3 | SH |  | DFND | 4 | 3 | 0 | 0 |
| BOYD GAMING CORP COM | Common Stock | 103304101 |  | 39 | 494 | SH |  | DFND | 4 | 494 | 0 | 0 |
| BROADCOM INC | Common Stock | 11135F101 |  | 59110 | 214440 | SH |  | DFND | 1234 | 214440 | 0 | 0 |
| BROWN  BROWN INC COM | Common Stock | 115236101 |  | 49 | 446 | SH |  | DFND | 4 | 446 | 0 | 0 |
| C3 AI INC CL A | Common Stock | 12468P104 |  | 0 | 3 | SH |  | DFND | 4 | 3 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC COM | Common Stock | 127387108 |  | 687 | 2238 | SH |  | DFND | 34 | 2238 | 0 | 0 |
| CAMTEK LTD | Common Stock | M20791105 |  | 109641 | 1296600 | SH |  | DFND | 12 | 1296600 | 0 | 0 |
| CATERPILLAR INC COM | Common Stock | 149123101 |  | 488 | 1256 | SH |  | DFND | 34 | 1256 | 0 | 0 |
| CEVA INC | Common Stock | 157210105 |  | 7274 | 330933 | SH |  | DFND | 124 | 330933 | 0 | 0 |
| CHEVRON CORP NEW COM | Common Stock | 166764100 |  | 159 | 1109 | SH |  | DFND | 3 | 1109 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC COM | Common Stock | 169656105 |  | 74 | 1350 | SH |  | DFND | 4 | 1350 | 0 | 0 |
| CIRRUS LOGIC INC COM | Common Stock | 172755100 |  | 39 | 376 | SH |  | DFND | 4 | 376 | 0 | 0 |
| CISCO SYS INC COM | Common Stock | 17275R102 |  | 3988 | 57502 | SH |  | DFND | 34 | 57502 | 0 | 0 |
| CITIGROUP INC COM NEW | Common Stock | 172967424 |  | 1023 | 12091 | SH |  | DFND | 4 | 12091 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I CL A | Common Stock | 185123106 |  | 0 | 6 | SH |  | DFND | 4 | 6 | 0 | 0 |
| CLOUDFLARE INC CL A COM | Common Stock | 18915M107 |  | 3975 | 20300 | SH |  | DFND | 4 | 20300 | 0 | 0 |
| COCA COLA CO COM | Common Stock | 191216100 |  | 280 | 3953 | SH |  | DFND | 3 | 3953 | 0 | 0 |
| COLUMBIA ETF TR II INDIA CONSMR ETF | ETP | 19762B707 |  | 862 | 13280 | SH |  | DFND | 4 | 13280 | 0 | 0 |
| COMM SERV SELECT SECTOR SPDR | ETP | 81369Y852 |  | 281285 | 2591768 | SH |  | DFND | 1234 | 2591768 | 0 | 0 |
| CONSTELLATION ENERGY | Common Stock | 21037T109 |  | 30339 | 94000 | SH |  | DFND | 12 | 94000 | 0 | 0 |
| CONSUMER DISCRETIONARY SELT | ETP | 81369Y407 |  | 252241 | 1160634 | SH |  | DFND | 1234 | 1160634 | 0 | 0 |
| COSTCO WHSL CORP NEW COM | Common Stock | 22160K105 |  | 191 | 193 | SH |  | DFND | 34 | 193 | 0 | 0 |
| CROWDSTRIKE HLDGS INC CL A | Common Stock | 22788C105 |  | 4393 | 8625 | SH |  | DFND | 4 | 8625 | 0 | 0 |
| DBX ETF TR XTRACKRS S 500 | ETP | 233051143 |  | 4371 | 79035 | SH |  | DFND | 4 | 79035 | 0 | 0 |
| DELL TECHNOLOGIES INC CL C | Common Stock | 24703L202 |  | 476 | 3840 | SH |  | DFND | 4 | 3840 | 0 | 0 |
| DEXCOM INC COM | Common Stock | 252131107 |  | 45 | 519 | SH |  | DFND | 4 | 519 | 0 | 0 |
| DIGITALOCEAN HLDGS INC COM | Common Stock | 25402D102 |  | 0 | 2 | SH |  | DFND | 4 | 2 | 0 | 0 |
| DIREXION SHS ETF TR NAS100 EQL WGT | ETP | 25459Y207 |  | 802 | 8174 | SH |  | DFND | 3 | 8174 | 0 | 0 |
| DOCUSIGN INC COM | Common Stock | 256163106 |  | 0 | 5 | SH |  | DFND | 4 | 5 | 0 | 0 |
| DR HORTON INC | Common Stock | 23331A109 |  | 25139 | 195000 | SH |  | DFND | 12 | 195000 | 0 | 0 |
| DR REDDYS LABS LTD ADR | ADR | 256135203 |  | 827 | 55000 | SH |  | DFND | 4 | 55000 | 0 | 0 |
| DROPBOX INC CL A | Common Stock | 26210C104 |  | 0 | 5 | SH |  | DFND | 4 | 5 | 0 | 0 |
| EAGLE MATLS INC COM | Common Stock | 26969P108 |  | 12 | 60 | SH |  | DFND | 3 | 60 | 0 | 0 |
| ELBIT SYSTEMS LTD | Common Stock | M3760D101 |  | 14448 | 32100 | SH |  | DFND | 12 | 32100 | 0 | 0 |
| ELECTRONIC ARTS INC COM | Common Stock | 285512109 |  | 48 | 299 | SH |  | DFND | 4 | 299 | 0 | 0 |
| ELI LILLY  CO | Common Stock | 532457108 |  | 128408 | 164725 | SH |  | DFND | 1234 | 164725 | 0 | 0 |
| EMCOR GROUP INC COM | Common Stock | 29084Q100 |  | 45 | 85 | SH |  | DFND | 4 | 85 | 0 | 0 |
| ENERGY SELECT SECTOR SPDR | ETP | 81369Y506 |  | 56480 | 665958 | SH |  | DFND | 1234 | 665958 | 0 | 0 |
| ENLIGHT RENEWABLE ENERGY LTD | Common Stock | M4056D110 |  | 37066 | 1630721 | SH |  | DFND | 12 | 1630721 | 0 | 0 |
| ENTEGRIS INC COM | Common Stock | 29362U104 |  | 35 | 436 | SH |  | DFND | 4 | 436 | 0 | 0 |
| EQUINIX INC | REIT | 29444U700 |  | 34603 | 43500 | SH |  | DFND | 12 | 43500 | 0 | 0 |
| ETF SER SOLUTIONS US GLB JETS | ETP | 26922A842 |  | 69 | 3000 | SH |  | DFND | 4 | 3000 | 0 | 0 |
| EVERGY INC COM | Common Stock | 30034W106 |  | 48 | 690 | SH |  | DFND | 4 | 690 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TRU ROBO GBL HLTCR | ETP | 301505723 |  | 601 | 21059 | SH |  | DFND | 3 | 21059 | 0 | 0 |
| EXXON MOBIL CORP COM | Common Stock | 30231G102 |  | 164 | 1520 | SH |  | DFND | 3 | 1520 | 0 | 0 |
| F5 INC COM | Common Stock | 315616102 |  | 2060 | 7000 | SH |  | DFND | 4 | 7000 | 0 | 0 |
| FABRINET SHS | Common Stock | G3323L100 |  | 56 | 190 | SH |  | DFND | 4 | 190 | 0 | 0 |
| FASTLY INC CL A | Common Stock | 31188V100 |  | 424 | 60000 | SH |  | DFND | 4 | 60000 | 0 | 0 |
| FIDELITY COMWLTH TR NASDAQ COMPSIT | ETP | 315912808 |  | 4073 | 50849 | SH |  | DFND | 3 | 50849 | 0 | 0 |
| FIDELITY COVINGTON TRUST DIVID ETF RISI | ETP | 316092832 |  | 10 | 180 | SH |  | DFND | 3 | 180 | 0 | 0 |
| FINANCIAL SELECT SECTOR SPDR | ETP | 81369Y605 |  | 163801 | 3127778 | SH |  | DFND | 1234 | 3127778 | 0 | 0 |
| FIRST TR EXCH TRADED FD III PFD SECS INC ETF | ETP | 33739E108 |  | 24 | 1373 | SH |  | DFND | 3 | 1373 | 0 | 0 |
| FIRST TR EXCH TRD ALPHDX FD INDIA NFTY50 EQW | ETP | 33737J802 |  | 120 | 2000 | SH |  | DFND | 4 | 2000 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD CLOUD COMPUTING | ETP | 33734X192 |  | 321 | 2670 | SH |  | DFND | 34 | 2670 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD NASD TECH DIV | ETP | 33738R118 |  | 1772 | 19655 | SH |  | DFND | 3 | 19655 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD NASDAQ CYB ETF | ETP | 33734X846 |  | 2658 | 35191 | SH |  | DFND | 34 | 35191 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD NASDQ CLN EDGE | ETP | 33737A108 |  | 2961 | 21299 | SH |  | DFND | 34 | 21299 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD RBA INDL ETF | ETP | 33738R704 |  | 28 | 345 | SH |  | DFND | 3 | 345 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF | ETP | 33733E104 |  | 99 | 1088 | SH |  | DFND | 3 | 1088 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD DJ INTERNT IDX | ETP | 33733E302 |  | 4548 | 16887 | SH |  | DFND | 3 | 16887 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD FIRST TR TA HIYL | ETP | 33738D408 |  | 26 | 620 | SH |  | DFND | 3 | 620 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT | ETP | 33739Q200 |  | 3967 | 80532 | SH |  | DFND | 3 | 80532 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD INDXX NEXTG ETF | ETP | 33737K205 |  | 646 | 6644 | SH |  | DFND | 3 | 6644 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD SENIOR LN FD | ETP | 33738D309 |  | 32 | 700 | SH |  | DFND | 3 | 700 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD SHS | ETP | 33734H106 |  | 98 | 2191 | SH |  | DFND | 3 | 2191 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD SHS | ETP | 337345102 |  | 1776 | 8345 | SH |  | DFND | 3 | 8345 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD WTR ETF | ETP | 33733B100 |  | 15 | 136 | SH |  | DFND | 3 | 136 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI FT VEST US EQT | ETP | 33740U307 |  | 36 | 750 | SH |  | DFND | 3 | 750 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI SMITH UNCONSTRAI | ETP | 33740F888 |  | 102 | 4080 | SH |  | DFND | 3 | 4080 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI VEST NASDAQ 100 | ETP | 33740F268 |  | 4001 | 170319 | SH |  | DFND | 3 | 170319 | 0 | 0 |
| FISERV INC | Common Stock | 337738108 |  | 53447 | 310000 | SH |  | DFND | 12 | 310000 | 0 | 0 |
| FIVE9 INC COM | Common Stock | 338307101 |  | 0 | 2 | SH |  | DFND | 4 | 2 | 0 | 0 |
| FORTINET INC COM | Common Stock | 34959E109 |  | 4425 | 41852 | SH |  | DFND | 34 | 41852 | 0 | 0 |
| FRANKLIN FTSE INDIA ETF | ETP | 35473P769 |  | 70319 | 1765490 | SH |  | DFND | 124 | 1765490 | 0 | 0 |
| FRESHWORKS INC CLASS A COM | Common Stock | 358054104 |  | 0 | 5 | SH |  | DFND | 4 | 5 | 0 | 0 |
| GE AEROSPACE COM NEW | Common Stock | 369604301 |  | 501 | 1946 | SH |  | DFND | 3 | 1946 | 0 | 0 |
| GEN DIGITAL INC COM | Common Stock | 668771108 |  | 1470 | 50000 | SH |  | DFND | 4 | 50000 | 0 | 0 |
| GENERAL DYNAMICS CORP COM | Common Stock | 369550108 |  | 1604 | 5500 | SH |  | DFND | 4 | 5500 | 0 | 0 |
| GILAT SATELLITE NETWORKS LTD | Common Stock | M51474118 |  | 4759 | 671210 | SH |  | DFND | 12 | 671210 | 0 | 0 |
| GLOBAL X FDS CYBRSCURTY ETF | ETP | 37954Y384 |  | 705 | 19000 | SH |  | DFND | 4 | 19000 | 0 | 0 |
| GLOBAL X FDS DAX GERMANY ETF | ETP | 37954Y491 |  | 42 | 940 | SH |  | DFND | 3 | 940 | 0 | 0 |
| GLOBAL X FDS FINTECH ETF | ETP | 37954Y814 |  | 67 | 1960 | SH |  | DFND | 3 | 1960 | 0 | 0 |
| GLOBAL X FDS X RUSSELL 2000 E | ETP | 37960A453 |  | 1254 | 14775 | SH |  | DFND | 4 | 14775 | 0 | 0 |
| GLOBAL-E ONLINE LTD | Common Stock | M5216V106 |  | 17273 | 515000 | SH |  | DFND | 12 | 515000 | 0 | 0 |
| GOLDMAN SACHS ETF TR ACCES TREASURY | ETP | 381430529 |  | 394 | 3935 | SH |  | DFND | 3 | 3935 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | Common Stock | 38141G104 |  | 28853 | 40767 | SH |  | DFND | 124 | 40767 | 0 | 0 |
| GRANITESHARES ETF TR NASDAQ SELECT DI | ETP | 38747R603 |  | 226 | 3635 | SH |  | DFND | 34 | 3635 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET SHS NEW | ETP | 389930207 |  | 390 | 8177 | SH |  | DFND | 4 | 8177 | 0 | 0 |
| H WORLD GROUP LTD SPONSORED ADS | ADR | 44332N106 |  | 50 | 1466 | SH |  | DFND | 4 | 1466 | 0 | 0 |
| HDFC BANK LTD SPONSORED ADS | ADR | 40415F101 |  | 1282 | 16724 | SH |  | DFND | 4 | 16724 | 0 | 0 |
| HEALTH CARE SELECT SECTOR | ETP | 81369Y209 |  | 94564 | 701569 | SH |  | DFND | 1234 | 701569 | 0 | 0 |
| HELLO GROUP INC ADS | ADR | 423403104 |  | 71 | 8140 | SH |  | DFND | 4 | 8140 | 0 | 0 |
| ICICI BANK LIMITED ADR | ADR | 45104G104 |  | 1507 | 44799 | SH |  | DFND | 4 | 44799 | 0 | 0 |
| INDUSTRIAL SELECT SECT SPDR | ETP | 81369Y704 |  | 532441 | 3609306 | SH |  | DFND | 1234 | 3609306 | 0 | 0 |
| INFORMATICA INC COM CL A | Common Stock | 45674M101 |  | 0 | 4 | SH |  | DFND | 4 | 4 | 0 | 0 |
| INFOSYS LTD SPONSORED ADR | ADR | 456788108 |  | 1671 | 90179 | SH |  | DFND | 4 | 90179 | 0 | 0 |
| INGREDION INC COM | Common Stock | 457187102 |  | 37 | 275 | SH |  | DFND | 4 | 275 | 0 | 0 |
| INNOVIZ TECHNOLOGIES LTD | Common Stock | M5R635108 |  | 11981 | 7305731 | SH |  | DFND | 12 | 7305731 | 0 | 0 |
| INTEL CORP COM | Common Stock | 458140100 |  | 84 | 3771 | SH |  | DFND | 4 | 3771 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS COM | Common Stock | 459200101 |  | 695 | 2356 | SH |  | DFND | 3 | 2356 | 0 | 0 |
| INTERNATIONAL PAPER CO COM | Common Stock | 460146103 |  | 33 | 696 | SH |  | DFND | 4 | 696 | 0 | 0 |
| INTUIT COM | Common Stock | 461202103 |  | 48 | 61 | SH |  | DFND | 4 | 61 | 0 | 0 |
| INTUITIVE SURGICAL INC COM NEW | Common Stock | 46120E602 |  | 268 | 494 | SH |  | DFND | 34 | 494 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II S HDL VOL | ETP | 46138E362 |  | 381 | 8003 | SH |  | DFND | 3 | 8003 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD BULSHS 2025 CB | ETP | 46138J825 |  | 626 | 30262 | SH |  | DFND | 3 | 30262 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD BULSHS 2025 HY | ETP | 46138J817 |  | 92 | 3972 | SH |  | DFND | 3 | 3972 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD BULSHS 2026 CB | ETP | 46138J791 |  | 245 | 12570 | SH |  | DFND | 3 | 12570 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD BULSHS 2027 CB | ETP | 46138J783 |  | 998 | 50773 | SH |  | DFND | 3 | 50773 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 26 | ETP | 46138J635 |  | 11398 | 488549 | SH |  | DFND | 3 | 488549 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T S 500 TOP 50 | ETP | 46137V233 |  | 235 | 4503 | SH |  | DFND | 4 | 4503 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T S EQL WGT | ETP | 46137V357 |  | 409 | 2249 | SH |  | DFND | 4 | 2249 | 0 | 0 |
| INVESCO KBW BANK ETF | ETP | 46138E628 |  | 400714 | 5595000 | SH |  | DFND | 12 | 5595000 | 0 | 0 |
| INVESCO NASDAQ 100 ETF | ETP | 46138G649 |  | 24708 | 108808 | SH |  | DFND | 1234 | 108808 | 0 | 0 |
| INVESCO PREFERRED ETF | ETP | 46138E511 |  | 9461 | 850000 | SH |  | DFND | 1 | 850000 | 0 | 0 |
| INVESCO QQQ TR UNIT SER 1 | ETP | 46090E103 |  | 18872 | 34236 | SH |  | DFND | 34 | 34236 | 0 | 0 |
| INVESCO VARIABLE RATE PREFER | ETP | 46138G870 |  | 9780 | 400000 | SH |  | DFND | 1 | 400000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF SHS BEN INT | ETP | 46438F101 |  | 391 | 6380 | SH |  | DFND | 4 | 6380 | 0 | 0 |
| ISHARES EXPANDED TECH-SOFTWA | ETP | 464287515 |  | 297793 | 2719572 | SH |  | DFND | 12 | 2719572 | 0 | 0 |
| ISHARES IBOXX INVESTMENT GRA | ETP | 464287242 |  | 215384 | 1965000 | SH |  | DFND | 12 | 1965000 | 0 | 0 |
| ISHARES INC JP MRG EM CRP BD | ETP | 464286251 |  | 464 | 10215 | SH |  | DFND | 3 | 10215 | 0 | 0 |
| ISHARES INC MSCI BRAZIL ETF | ETP | 464286400 |  | 21 | 730 | SH |  | DFND | 4 | 730 | 0 | 0 |
| ISHARES INC MSCI CDA ETF | ETP | 464286509 |  | 513 | 11100 | SH |  | DFND | 3 | 11100 | 0 | 0 |
| ISHARES INC MSCI EURZONE ETF | ETP | 464286608 |  | 137 | 2308 | SH |  | DFND | 3 | 2308 | 0 | 0 |
| ISHARES INC MSCI GERMANY ETF | ETP | 464286806 |  | 75 | 1777 | SH |  | DFND | 3 | 1777 | 0 | 0 |
| ISHARES INC MSCI SPAIN ETF | ETP | 464286764 |  | 311 | 7060 | SH |  | DFND | 3 | 7060 | 0 | 0 |
| ISHARES INC MSCI STH KOR ETF | ETP | 464286772 |  | 211 | 2980 | SH |  | DFND | 4 | 2980 | 0 | 0 |
| ISHARES INC MSCI SWITZERLAND | ETP | 464286749 |  | 16 | 285 | SH |  | DFND | 3 | 285 | 0 | 0 |
| ISHARES INC MSCI TAIWAN ETF | ETP | 46434G772 |  | 241 | 4170 | SH |  | DFND | 4 | 4170 | 0 | 0 |
| ISHARES INC MSCI WORLD ETF | ETP | 464286392 |  | 220 | 1300 | SH |  | DFND | 3 | 1300 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETP | 464288257 |  | 1174 | 9126 | SH |  | DFND | 23 | 9126 | 0 | 0 |
| ISHARES TR 0-5 YR TIPS ETF | ETP | 46429B747 |  | 128 | 1240 | SH |  | DFND | 3 | 1240 | 0 | 0 |
| ISHARES TR 1 3 YR TREAS BD | ETP | 464287457 |  | 472 | 5699 | SH |  | DFND | 3 | 5699 | 0 | 0 |
| ISHARES TR 10-20 YR TRS ETF | ETP | 464288653 |  | 8747 | 86091 | SH |  | DFND | 3 | 86091 | 0 | 0 |
| ISHARES TR 20 YR TR BD ETF | ETP | 464287432 |  | 687 | 7785 | SH |  | DFND | 3 | 7785 | 0 | 0 |
| ISHARES TR 3 7 YR TREAS BD | ETP | 464288661 |  | 25 | 212 | SH |  | DFND | 3 | 212 | 0 | 0 |
| ISHARES TR 7-10 YR TRSY BD | ETP | 464287440 |  | 3118 | 32553 | SH |  | DFND | 3 | 32553 | 0 | 0 |
| ISHARES TR A RATE CP BD ETF | ETP | 46429B291 |  | 12154 | 254045 | SH |  | DFND | 3 | 254045 | 0 | 0 |
| ISHARES TR CHINA LG-CAP ETF | ETP | 464287184 |  | 186 | 5000 | SH |  | DFND | 4 | 5000 | 0 | 0 |
| ISHARES TR CORE S ETF | ETP | 464287200 |  | 2075 | 3342 | SH |  | DFND | 34 | 3342 | 0 | 0 |
| ISHARES TR ESG MSCI KLD 400 | ETP | 464288570 |  | 15 | 125 | SH |  | DFND | 3 | 125 | 0 | 0 |
| ISHARES TR EXPND TEC SC ETF | ETP | 464287549 |  | 3887 | 34598 | SH |  | DFND | 3 | 34598 | 0 | 0 |
| ISHARES TR IBDS DEC28 ETF | ETP | 46435U515 |  | 13 | 500 | SH |  | DFND | 3 | 500 | 0 | 0 |
| ISHARES TR IBONDS 27 ETF | ETP | 46435UAA9 |  | 850 | 35026 | SH |  | DFND | 3 | 35026 | 0 | 0 |
| ISHARES TR IBOXX HI YD ETF | ETP | 464288513 |  | 3058 | 38057 | SH |  | DFND | 34 | 38057 | 0 | 0 |
| ISHARES TR ISHARES SEMICDTR | ETP | 464287523 |  | 1318 | 5523 | SH |  | DFND | 34 | 5523 | 0 | 0 |
| ISHARES TR ISHS 1-5YR INVS | ETP | 464288646 |  | 43 | 821 | SH |  | DFND | 3 | 821 | 0 | 0 |
| ISHARES TR ISHS 5-10YR INVT | ETP | 464288638 |  | 992 | 18623 | SH |  | DFND | 3 | 18623 | 0 | 0 |
| ISHARES TR JPMORGAN USD EMG | ETP | 464288281 |  | 42 | 450 | SH |  | DFND | 3 | 450 | 0 | 0 |
| ISHARES TR MSCI AC ASIA ETF | ETP | 464288182 |  | 32 | 383 | SH |  | DFND | 3 | 383 | 0 | 0 |
| ISHARES TR MSCI EAFE ETF | ETP | 464287465 |  | 10 | 112 | SH |  | DFND | 3 | 112 | 0 | 0 |
| ISHARES TR MSCI EMG MKT ETF | ETP | 464287234 |  | 3320 | 68802 | SH |  | DFND | 34 | 68802 | 0 | 0 |
| ISHARES TR MSCI INDIA ETF | ETP | 46429B598 |  | 8 | 150 | SH |  | DFND | 3 | 150 | 0 | 0 |
| ISHARES TR MSCI POLAND ETF | ETP | 46429B606 |  | 303 | 9400 | SH |  | DFND | 3 | 9400 | 0 | 0 |
| ISHARES TR MSCI UK ETF NEW | ETP | 46435G334 |  | 137 | 3450 | SH |  | DFND | 3 | 3450 | 0 | 0 |
| ISHARES TR MSCI USA MMENTM | ETP | 46432F396 |  | 31 | 130 | SH |  | DFND | 3 | 130 | 0 | 0 |
| ISHARES TR MSCI USA QLT FCT | ETP | 46432F339 |  | 782 | 4279 | SH |  | DFND | 3 | 4279 | 0 | 0 |
| ISHARES TR RUS 1000 ETF | ETP | 464287622 |  | 351 | 1033 | SH |  | DFND | 4 | 1033 | 0 | 0 |
| ISHARES TR RUS MD CP GR ETF | ETP | 464287481 |  | 114 | 820 | SH |  | DFND | 3 | 820 | 0 | 0 |
| ISHARES TR RUSSELL 2000 ETF | ETP | 464287655 |  | 221 | 1023 | SH |  | DFND | 4 | 1023 | 0 | 0 |
| ISHARES TR TIPS BD ETF | ETP | 464287176 |  | 5176 | 47036 | SH |  | DFND | 3 | 47036 | 0 | 0 |
| ISHARES TR U.S. MED DVC ETF | ETP | 464288810 |  | 9 | 150 | SH |  | DFND | 3 | 150 | 0 | 0 |
| ISHARES TR U.S. TECH ETF | ETP | 464287721 |  | 7449 | 42991 | SH |  | DFND | 34 | 42991 | 0 | 0 |
| ISHARES TR US AER DEF ETF | ETP | 464288760 |  | 5 | 24 | SH |  | DFND | 3 | 24 | 0 | 0 |
| ISHARES TR US CONSUM DISCRE | ETP | 464287580 |  | 232 | 2331 | SH |  | DFND | 3 | 2331 | 0 | 0 |
| ISHARES TR US TELECOM ETF | ETP | 464287713 |  | 32 | 1080 | SH |  | DFND | 3 | 1080 | 0 | 0 |
| ISHARES TR US TREAS BD ETF | ETP | 46429B267 |  | 320 | 13939 | SH |  | DFND | 3 | 13939 | 0 | 0 |
| ITAU UNIBANCO HLDG S A SPON ADR REP PFD | ADR | 465562106 |  | 26 | 3959 | SH |  | DFND | 4 | 3959 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F BETABUILDERS DEV | ETP | 46641Q233 |  | 8 | 145 | SH |  | DFND | 3 | 145 | 0 | 0 |
| JAMF HLDG CORP COM | Common Stock | 47074L105 |  | 0 | 2 | SH |  | DFND | 4 | 2 | 0 | 0 |
| JD.COM INC SPON ADS CL A | ADR | 47215P106 |  | 305 | 9184 | SH |  | DFND | 4 | 9184 | 0 | 0 |
| JEFFERIES FINANCIAL GROUP IN | Common Stock | 47233W109 |  | 43643 | 798000 | SH |  | DFND | 12 | 798000 | 0 | 0 |
| JFROG LTD | Common Stock | M6191J100 |  | 23215 | 529047 | SH |  | DFND | 12 | 529047 | 0 | 0 |
| JOHNSON  JOHNSON COM | Common Stock | 478160104 |  | 351 | 2301 | SH |  | DFND | 3 | 2301 | 0 | 0 |
| JOYY INC ADS REPSTG COM A | ADR | 46591M109 |  | 75 | 1479 | SH |  | DFND | 4 | 1479 | 0 | 0 |
| JPMORGAN CHASE  CO | Common Stock | 46625H100 |  | 73043 | 251992 | SH |  | DFND | 1234 | 251992 | 0 | 0 |
| JUNIPER NETWORKS INC COM | Common Stock | 48203R104 |  | 42 | 1063 | SH |  | DFND | 4 | 1063 | 0 | 0 |
| KALTURA INC COM | Common Stock | 483467106 |  | 4 | 2169 | SH |  | DFND | 4 | 2169 | 0 | 0 |
| KLA CORP COM NEW | Common Stock | 482480100 |  | 230 | 257 | SH |  | DFND | 4 | 257 | 0 | 0 |
| KRANESHARES CSI CHINA INTERN | ETP | 500767306 |  | 123970 | 3611134 | SH |  | DFND | 1234 | 3611134 | 0 | 0 |
| LAM RESEARCH CORP COM NEW | Common Stock | 512807306 |  | 288 | 2958 | SH |  | DFND | 4 | 2958 | 0 | 0 |
| LEGG MASON ETF INVT FRANKLIN US LOW | ETP | 52468L406 |  | 134 | 3359 | SH |  | DFND | 34 | 3359 | 0 | 0 |
| LEIDOS HOLDINGS INC COM | Common Stock | 525327102 |  | 1578 | 10000 | SH |  | DFND | 4 | 10000 | 0 | 0 |
| LEMONADE INC COM | Common Stock | 52567D107 |  | 45 | 1034 | SH |  | DFND | 4 | 1034 | 0 | 0 |
| LENNAR CORP-A | Common Stock | 526057104 |  | 25440 | 230000 | SH |  | DFND | 12 | 230000 | 0 | 0 |
| LOCKHEED MARTIN CORP COM | Common Stock | 539830109 |  | 439 | 956 | SH |  | DFND | 34 | 956 | 0 | 0 |
| LULULEMON ATHLETICA INC COM | Common Stock | 550021109 |  | 34 | 141 | SH |  | DFND | 34 | 141 | 0 | 0 |
| M  T BK CORP COM | Common Stock | 55261F104 |  | 54 | 277 | SH |  | DFND | 4 | 277 | 0 | 0 |
| MARVELL TECHNOLOGY INC | Common Stock | 573874104 |  | 33502 | 432855 | SH |  | DFND | 124 | 432855 | 0 | 0 |
| MASTERCARD INC - A | Common Stock | 57636Q104 |  | 30913 | 55012 | SH |  | DFND | 123 | 55012 | 0 | 0 |
| MATERIALS SELECT SECTOR SPDR | ETP | 81369Y100 |  | 72004 | 820000 | SH |  | DFND | 12 | 820000 | 0 | 0 |
| MERCK  CO INC COM | Common Stock | 58933Y105 |  | 37 | 465 | SH |  | DFND | 4 | 465 | 0 | 0 |
| META PLATFORMS INC-CLASS A | Common Stock | 30303M102 |  | 157497 | 213387 | SH |  | DFND | 1234 | 213387 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. COM | Common Stock | 595017104 |  | 34 | 482 | SH |  | DFND | 4 | 482 | 0 | 0 |
| MICRON TECHNOLOGY INC COM | Common Stock | 595112103 |  | 817 | 6626 | SH |  | DFND | 34 | 6626 | 0 | 0 |
| MICROSOFT CORP | Common Stock | 594918104 |  | 124602 | 250522 | SH |  | DFND | 1234 | 250522 | 0 | 0 |
| MICROSTRATEGY INC CL A NEW | Common Stock | 594972408 |  | 1 | 2 | SH |  | DFND | 4 | 2 | 0 | 0 |
| MIDDLEBY CORP COM | Common Stock | 596278101 |  | 30 | 206 | SH |  | DFND | 4 | 206 | 0 | 0 |
| MOBILEYE GLOBAL INC-A | Common Stock | 60741F104 |  | 15984 | 888967 | SH |  | DFND | 124 | 888967 | 0 | 0 |
| MONDAY.COM LTD | Common Stock | M7S64H106 |  | 21073 | 67009 | SH |  | DFND | 12 | 67009 | 0 | 0 |
| MONOLITHIC PWR SYS INC COM | Common Stock | 609839105 |  | 79 | 108 | SH |  | DFND | 4 | 108 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW COM | Common Stock | 61174X109 |  | 40 | 639 | SH |  | DFND | 4 | 639 | 0 | 0 |
| MORGAN STANLEY | Common Stock | 617446448 |  | 25593 | 181692 | SH |  | DFND | 124 | 181692 | 0 | 0 |
| MSCI INC COM | Common Stock | 55354G100 |  | 56 | 97 | SH |  | DFND | 4 | 97 | 0 | 0 |
| NAYAX LTD | Common Stock | M7S750159 |  | 15081 | 300000 | SH |  | DFND | 12 | 300000 | 0 | 0 |
| NCINO INC COM | Common Stock | 63947X101 |  | 0 | 3 | SH |  | DFND | 4 | 3 | 0 | 0 |
| NETAPP INC COM | Common Stock | 64110D104 |  | 45 | 418 | SH |  | DFND | 4 | 418 | 0 | 0 |
| NETFLIX INC COM | Common Stock | 64110L106 |  | 478 | 357 | SH |  | DFND | 3 | 357 | 0 | 0 |
| NETSCOUT SYS INC COM | Common Stock | 64115T104 |  | 124 | 5000 | SH |  | DFND | 4 | 5000 | 0 | 0 |
| NEXTERA ENERGY INC COM | Common Stock | 65339F101 |  | 79 | 1141 | SH |  | DFND | 3 | 1141 | 0 | 0 |
| NICE LTD - SPON ADR | ADR | 653656108 |  | 309389 | 1831690 | SH |  | DFND | 124 | 1831690 | 0 | 0 |
| NIKE INC -CL B | Common Stock | 654106103 |  | 16185 | 225014 | SH |  | DFND | 1234 | 225014 | 0 | 0 |
| NORTHROP GRUMMAN CORP COM | Common Stock | 666807102 |  | 1750 | 3500 | SH |  | DFND | 4 | 3500 | 0 | 0 |
| NOVA LTD | Common Stock | M7516K103 |  | 395643 | 1437657 | SH |  | DFND | 12 | 1437657 | 0 | 0 |
| NOVO-NORDISK A S ADR | ADR | 670100205 |  | 192 | 2780 | SH |  | DFND | 3 | 2780 | 0 | 0 |
| NUSHARES ETF TR NUVEEN ESG LRGVL | ETP | 67092P300 |  | 14 | 339 | SH |  | DFND | 3 | 339 | 0 | 0 |
| NUTANIX INC CL A | Common Stock | 67059N108 |  | 0 | 6 | SH |  | DFND | 4 | 6 | 0 | 0 |
| NVIDIA CORP | Common Stock | 67066G104 |  | 153144 | 969279 | SH |  | DFND | 1234 | 969279 | 0 | 0 |
| NVR INC COM | Common Stock | 62944T105 |  | 30 | 4 | SH |  | DFND | 4 | 4 | 0 | 0 |
| ODDITY TECH LTD-CL A | Common Stock | M7518J104 |  | 18548 | 245764 | SH |  | DFND | 12 | 245764 | 0 | 0 |
| OKTA INC | Common Stock | 679295105 |  | 21194 | 212004 | SH |  | DFND | 124 | 212004 | 0 | 0 |
| ON HOLDING AG-CLASS A | Common Stock | H5919C104 |  | 26306 | 505391 | SH |  | DFND | 12 | 505391 | 0 | 0 |
| ON SEMICONDUCTOR CORP COM | Common Stock | 682189105 |  | 18 | 342 | SH |  | DFND | 4 | 342 | 0 | 0 |
| ONESPAN INC COM | Common Stock | 68287N100 |  | 100 | 6000 | SH |  | DFND | 4 | 6000 | 0 | 0 |
| ORACLE CORP | Common Stock | 68389X105 |  | 65153 | 298004 | SH |  | DFND | 124 | 298004 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | Common Stock | 686688102 |  | 41589 | 496526 | SH |  | DFND | 12 | 496526 | 0 | 0 |
| OUTBRAIN INC COM | Common Stock | 69002R103 |  | 4 | 1494 | SH |  | DFND | 4 | 1494 | 0 | 0 |
| OWENS CORNING NEW COM | Common Stock | 690742101 |  | 30 | 221 | SH |  | DFND | 4 | 221 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC CL A | Common Stock | 69608A108 |  | 372 | 2730 | SH |  | DFND | 3 | 2730 | 0 | 0 |
| PALO ALTO NETWORKS INC | Common Stock | 697435105 |  | 41957 | 205053 | SH |  | DFND | 1234 | 205053 | 0 | 0 |
| PAYCOM SOFTWARE INC COM | Common Stock | 70432V102 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| PAYLOCITY HLDG CORP COM | Common Stock | 70438V106 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| PAYONEER GLOBAL INC COM | Common Stock | 70451X104 |  | 35 | 5107 | SH |  | DFND | 4 | 5107 | 0 | 0 |
| PAYPAL HLDGS INC COM | Common Stock | 70450Y103 |  | 1330 | 18004 | SH |  | DFND | 34 | 18004 | 0 | 0 |
| PDD HOLDINGS INC SPONSORED ADS | ADR | 722304102 |  | 195 | 1850 | SH |  | DFND | 4 | 1850 | 0 | 0 |
| PERION NETWORK LTD | Common Stock | M78673114 |  | 15346 | 1511885 | SH |  | DFND | 12 | 1511885 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO SPONSORED ADR | ADR | 71654V408 |  | 27 | 2180 | SH |  | DFND | 4 | 2180 | 0 | 0 |
| PGIM SHORT DUR HIG YLD OPP F COM | Closed-End Fund | 69355J104 |  | 3 | 196 | SH |  | DFND | 3 | 196 | 0 | 0 |
| PIMCO ETF TR 0-5 HIGH YIELD | ETP | 72201R783 |  | 799 | 8410 | SH |  | DFND | 3 | 8410 | 0 | 0 |
| PIMCO ETF TR ENHAN SHRT MA AC | ETP | 72201R833 |  | 4929 | 49032 | SH |  | DFND | 3 | 49032 | 0 | 0 |
| PIMCO INV GRADE CORP BD ETF | ETP | 72201R817 |  | 14617 | 150206 | SH |  | DFND | 12 | 150206 | 0 | 0 |
| PLAYTIKA HLDG CORP COM | Common Stock | 72815L107 |  | 25 | 5298 | SH |  | DFND | 4 | 5298 | 0 | 0 |
| PNC FINL SVCS GROUP INC COM | Common Stock | 693475105 |  | 85 | 457 | SH |  | DFND | 4 | 457 | 0 | 0 |
| PROCTER AND GAMBLE CO COM | Common Stock | 742718109 |  | 115 | 721 | SH |  | DFND | 3 | 721 | 0 | 0 |
| PROLOGIS INC | REIT | 74340W103 |  | 18449 | 175500 | SH |  | DFND | 12 | 175500 | 0 | 0 |
| PROS HOLDINGS INC COM | Common Stock | 74346Y103 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| PROSHARES TR BITCOIN ETF | ETP | 74347G440 |  | 92 | 4269 | SH |  | DFND | 4 | 4269 | 0 | 0 |
| PROSHARES TR S 500 DV ARIST | ETP | 74348A467 |  | 44 | 433 | SH |  | DFND | 3 | 433 | 0 | 0 |
| QUALCOMM INC COM | Common Stock | 747525103 |  | 741 | 4654 | SH |  | DFND | 34 | 4654 | 0 | 0 |
| QUALYS INC COM | Common Stock | 74758T303 |  | 907 | 6346 | SH |  | DFND | 4 | 6346 | 0 | 0 |
| RALPH LAUREN CORP CL A | Common Stock | 751212101 |  | 39 | 142 | SH |  | DFND | 4 | 142 | 0 | 0 |
| RAPID7 INC COM | Common Stock | 753422104 |  | 452 | 19540 | SH |  | DFND | 4 | 19540 | 0 | 0 |
| REAL ESTATE SELECT SECT SPDR | ETP | 81369Y860 |  | 47637 | 1150103 | SH |  | DFND | 124 | 1150103 | 0 | 0 |
| REGENERON PHARMACEUTICALS COM | Common Stock | 75886F107 |  | 31 | 59 | SH |  | DFND | 4 | 59 | 0 | 0 |
| RINGCENTRAL INC CL A | Common Stock | 76680R206 |  | 0 | 2 | SH |  | DFND | 4 | 2 | 0 | 0 |
| RIOT PLATFORMS INC COM | Common Stock | 767292105 |  | 2 | 200 | SH |  | DFND | 3 | 200 | 0 | 0 |
| ROCKET LAB CORP COM | Common Stock | 773121108 |  | 4 | 121 | SH |  | DFND | 3 | 121 | 0 | 0 |
| RTX CORPORATION COM | Common Stock | 75513E101 |  | 18 | 125 | SH |  | DFND | 3 | 125 | 0 | 0 |
| RUBRIK INC. CL A | Common Stock | 781154109 |  | 1165 | 13000 | SH |  | DFND | 4 | 13000 | 0 | 0 |
| S GLOBAL INC COM | Common Stock | 78409V104 |  | 54 | 103 | SH |  | DFND | 4 | 103 | 0 | 0 |
| SALESFORCE INC COM | Common Stock | 79466L302 |  | 627 | 2296 | SH |  | DFND | 4 | 2296 | 0 | 0 |
| SAP SE SPON ADR | ADR | 803054204 |  | 269 | 883 | SH |  | DFND | 34 | 883 | 0 | 0 |
| SAPIENS INTERNATIONAL CORP | Common Stock | G7T16G103 |  | 2428 | 83001 | SH |  | DFND | 12 | 83001 | 0 | 0 |
| SCHWAB STRATEGIC TR US LCAP GR ETF | ETP | 808524300 |  | 5993 | 205160 | SH |  | DFND | 3 | 205160 | 0 | 0 |
| SELECT SECTOR SPDR TR SBI CONS STPLS | ETP | 81369Y308 |  | 140 | 1723 | SH |  | DFND | 34 | 1723 | 0 | 0 |
| SEMRUSH HLDGS INC CL A COM | Common Stock | 81686C104 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| SENTINELONE INC -CLASS A | Common Stock | 81730H109 |  | 18007 | 985092 | SH |  | DFND | 124 | 985092 | 0 | 0 |
| SERVICENOW INC COM | Common Stock | 81762P102 |  | 1170 | 1142 | SH |  | DFND | 34 | 1142 | 0 | 0 |
| SIMILARWEB LTD | Common Stock | M84137104 |  | 23568 | 3006157 | SH |  | DFND | 12 | 3006157 | 0 | 0 |
| SNOWFLAKE INC CL A | Common Stock | 833445109 |  | 1 | 4 | SH |  | DFND | 4 | 4 | 0 | 0 |
| SOFI TECHNOLOGIES INC COM | Common Stock | 83406F102 |  | 71 | 3900 | SH |  | DFND | 3 | 3900 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | Common Stock | 83417M104 |  | 20771 | 1018345 | SH |  | DFND | 124 | 1018345 | 0 | 0 |
| SPDR BLOOMBERG HIGH YIELD BO | ETP | 78468R622 |  | 14150 | 145568 | SH |  | DFND | 124 | 145568 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE UT SER 1 | ETP | 78467X109 |  | 86 | 195 | SH |  | DFND | 3 | 195 | 0 | 0 |
| SPDR INDEX SHS FDS EURO STOXX 50 | ETP | 78463X202 |  | 5660 | 94752 | SH |  | DFND | 3 | 94752 | 0 | 0 |
| SPDR PORT INT CORP BOND ETF | ETP | 78464A375 |  | 29007 | 863815 | SH |  | DFND | 123 | 863815 | 0 | 0 |
| SPDR PORT INT TREASURY TERM | ETP | 78464A672 |  | 3238 | 112539 | SH |  | DFND | 12 | 112539 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETP | 78462F103 |  | 28521 | 46178 | SH |  | DFND | 234 | 46178 | 0 | 0 |
| SPDR S BIOTECH ETF | ETP | 78464A870 |  | 62198 | 750000 | SH |  | DFND | 12 | 750000 | 0 | 0 |
| SPDR SER TR PORTFOLIO S | ETP | 78464A854 |  | 1770 | 24345 | SH |  | DFND | 4 | 24345 | 0 | 0 |
| SPDR SER TR S REGL BKG | ETP | 78464A698 |  | 440 | 7400 | SH |  | DFND | 4 | 7400 | 0 | 0 |
| SPDR SERIES TRUST AEROSPACE DEF | ETP | 78464A631 |  | 9715 | 46059 | SH |  | DFND | 34 | 46059 | 0 | 0 |
| SPDR SERIES TRUST BLOOMBERG EMERGI | ETP | 78464A391 |  | 36 | 1665 | SH |  | DFND | 3 | 1665 | 0 | 0 |
| SPDR SERIES TRUST NUVEEN ICE SHORT | ETP | 78468R739 |  | 100 | 2100 | SH |  | DFND | 3 | 2100 | 0 | 0 |
| SPDR SERIES TRUST PORTFOLIO SHORT | ETP | 78464A474 |  | 661 | 21884 | SH |  | DFND | 3 | 21884 | 0 | 0 |
| SPS COMM INC COM | Common Stock | 78463M107 |  | 0 | 1 | SH |  | DFND | 4 | 1 | 0 | 0 |
| STARBUCKS CORP | Common Stock | 855244109 |  | 32987 | 360000 | SH |  | DFND | 12 | 360000 | 0 | 0 |
| STEAKHOLDER FOODS LTD SPONSORED ADS | ADR | 583435300 |  | 0 | 62 | SH |  | DFND | 4 | 62 | 0 | 0 |
| STRATASYS LTD | Common Stock | M85548101 |  | 24442 | 2130983 | SH |  | DFND | 12 | 2130983 | 0 | 0 |
| SUNRUN INC COM | Common Stock | 86771W105 |  | 28 | 3800 | SH |  | DFND | 4 | 3800 | 0 | 0 |
| SYNOPSYS INC COM | Common Stock | 871607107 |  | 318 | 620 | SH |  | DFND | 34 | 620 | 0 | 0 |
| TABOOLA.COM LTD | Common Stock | M8744T106 |  | 19578 | 5349179 | SH |  | DFND | 12 | 5349179 | 0 | 0 |
| TAIWAN SEMICONDUCTOR-SP ADR | ADR | 874039100 |  | 274856 | 1209557 | SH |  | DFND | 1234 | 1209557 | 0 | 0 |
| TECHNOLOGY SELECT SECT SPDR | ETP | 81369Y803 |  | 659258 | 2603396 | SH |  | DFND | 1234 | 2603396 | 0 | 0 |
| TENABLE HLDGS INC COM | Common Stock | 88025T102 |  | 1182 | 35000 | SH |  | DFND | 4 | 35000 | 0 | 0 |
| TERADYNE INC COM | Common Stock | 880770102 |  | 14 | 157 | SH |  | DFND | 4 | 157 | 0 | 0 |
| TESLA INC | Common Stock | 88160R101 |  | 53681 | 168980 | SH |  | DFND | 1234 | 168980 | 0 | 0 |
| TEVA PHARMACEUTICAL-SP ADR | ADR | 881624209 |  | 480768 | 28685422 | SH |  | DFND | 124 | 28685422 | 0 | 0 |
| TEXAS INSTRS INC COM | Common Stock | 882508104 |  | 281 | 1354 | SH |  | DFND | 4 | 1354 | 0 | 0 |
| TIDAL TRUST I AMEN CUST SATF | ETP | 886364710 |  | 47 | 735 | SH |  | DFND | 3 | 735 | 0 | 0 |
| TJX COS INC NEW COM | Common Stock | 872540109 |  | 538 | 4360 | SH |  | DFND | 3 | 4360 | 0 | 0 |
| TOPBUILD CORP COM | Common Stock | 89055F103 |  | 35 | 107 | SH |  | DFND | 4 | 107 | 0 | 0 |
| TOWER SEMICONDUCTOR LTD | Common Stock | M87915274 |  | 120418 | 2777806 | SH |  | DFND | 12 | 2777806 | 0 | 0 |
| TRADE DESK INC/THE -CLASS A | Common Stock | 88339J105 |  | 28796 | 400000 | SH |  | DFND | 12 | 400000 | 0 | 0 |
| TRIP COM GROUP LTD ADS | ADR | 89677Q107 |  | 104 | 1765 | SH |  | DFND | 4 | 1765 | 0 | 0 |
| TRUIST FINL CORP COM | Common Stock | 89832Q109 |  | 78 | 1819 | SH |  | DFND | 4 | 1819 | 0 | 0 |
| TWILIO INC CL A | Common Stock | 90138F102 |  | 1 | 4 | SH |  | DFND | 4 | 4 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | Common Stock | 91324P102 |  | 394 | 1263 | SH |  | DFND | 3 | 1263 | 0 | 0 |
| UROGEN PHARMA LTD | Common Stock | M96088105 |  | 10561 | 770909 | SH |  | DFND | 12 | 770909 | 0 | 0 |
| US BANCORP DEL COM NEW | Common Stock | 902973304 |  | 85 | 1883 | SH |  | DFND | 4 | 1883 | 0 | 0 |
| UTILITIES SELECT SECTOR SPDR | ETP | 81369Y886 |  | 204087 | 2499231 | SH |  | DFND | 1234 | 2499231 | 0 | 0 |
| VALENS SEMICONDUCTOR LTD | Common Stock | M9607U115 |  | 472 | 179616 | SH |  | DFND | 2 | 179616 | 0 | 0 |
| VANECK ETF TRUST FALLEN ANGEL HG | ETP | 92189F437 |  | 3 | 100 | SH |  | DFND | 3 | 100 | 0 | 0 |
| VANECK ETF TRUST JP MRGAN EM LOC | ETP | 92189H300 |  | 41 | 1600 | SH |  | DFND | 3 | 1600 | 0 | 0 |
| VANECK ETF TRUST MRNGSTR WDE MOAT | ETP | 92189F643 |  | 62 | 660 | SH |  | DFND | 3 | 660 | 0 | 0 |
| VANECK SEMICONDUCTOR ETF | ETP | 92189F676 |  | 126333 | 453000 | SH |  | DFND | 12 | 453000 | 0 | 0 |
| VANGUARD BD INDEX FDS TOTAL BND MRKT | ETP | 921937835 |  | 73 | 989 | SH |  | DFND | 3 | 989 | 0 | 0 |
| VANGUARD INDEX FDS S 500 ETF SHS | ETP | 922908363 |  | 3669 | 6459 | SH |  | DFND | 3 | 6459 | 0 | 0 |
| VANGUARD INDEX FDS VALUE ETF | ETP | 922908744 |  | 1941 | 10981 | SH |  | DFND | 3 | 10981 | 0 | 0 |
| VANGUARD INTERMEDIATE-TERM T | ETP | 92206C706 |  | 54 | 898 | SH |  | DFND | 2 | 898 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F ALLWRLD EX US | ETP | 922042775 |  | 4119 | 61274 | SH |  | DFND | 3 | 61274 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF | ETP | 922042874 |  | 456 | 5882 | SH |  | DFND | 3 | 5882 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF | ETP | 922042866 |  | 8 | 100 | SH |  | DFND | 3 | 100 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS INT-TERM CORP | ETP | 92206C870 |  | 629 | 7581 | SH |  | DFND | 3 | 7581 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD | ETP | 92206C409 |  | 1743 | 21930 | SH |  | DFND | 3 | 21930 | 0 | 0 |
| VANGUARD WORLD FD INF TECH ETF | ETP | 92204A702 |  | 13 | 20 | SH |  | DFND | 3 | 20 | 0 | 0 |
| VARONIS SYSTEMS INC | Common Stock | 922280102 |  | 26806 | 528189 | SH |  | DFND | 12 | 528189 | 0 | 0 |
| VISA INC-CLASS A SHARES | Common Stock | 92826C839 |  | 33962 | 95655 | SH |  | DFND | 123 | 95655 | 0 | 0 |
| WALMART INC COM | Common Stock | 931142103 |  | 472 | 4829 | SH |  | DFND | 3 | 4829 | 0 | 0 |
| WELLS FARGO CO NEW COM | Common Stock | 949746101 |  | 48 | 603 | SH |  | DFND | 3 | 603 | 0 | 0 |
| WISDOMTREE INDIA EARNINGS | ETP | 97717W422 |  | 119419 | 2515670 | SH |  | DFND | 123 | 2515670 | 0 | 0 |
| WISDOMTREE TR EUROPE HEDGED EQ | ETP | 97717X701 |  | 5 | 110 | SH |  | DFND | 3 | 110 | 0 | 0 |
| WISDOMTREE TR EUROPE SMCP DV | ETP | 97717W869 |  | 38 | 540 | SH |  | DFND | 3 | 540 | 0 | 0 |
| WIX.COM LTD | Common Stock | M98068105 |  | 20684 | 130534 | SH |  | DFND | 12 | 130534 | 0 | 0 |

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