# EDGAR Filing Document

**Accession Number:** 0001908623
**File Stem:** 0001908623-23-000001
**Filing Date:** 2023-2
**Character Count:** 19915
**Document Hash:** 32c78e1dbfb8b7e6b2579af239930545
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001908623-23-000001.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001908623-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230202

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PayPay Securities Corp
- **CENTRAL INDEX KEY:** 0001908623
- **IRS NUMBER:** 980242828
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22802
- **FILM NUMBER:** 23583408

**BUSINESS ADDRESS:**
- **STREET 1:** HIBIYA PARK FRONT
- **STREET 2:** 2-1-6 UCHISAIWAICHO,CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-0011
- **BUSINESS PHONE:** 81-3-6447-4168

**MAIL ADDRESS:**
- **STREET 1:** HIBIYA PARK FRONT
- **STREET 2:** 2-1-6 UCHISAIWAICHO,CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-0011

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** PayPay Securities Corp<br>**Address:** HIBIYA PARK FRONT<br>2-1-6 UCHISAIWAICHOCHIYODA-KU<br>TOKYO, M0 100-0011

**Form 13F File Number:** 028-22802

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:** Yoshiaki Kano<br>**Title:** Department Head Operation Dept.<br>**Phone:** 81-3-6447-4168

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

Yoshiaki Kano  Tokyo, M0  02-01-2023<br>[Signature]  [City, State]  [Date]

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

[ ] **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).)

[x] **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:** 1

**Form 13F Information Table Entry Total:** 176

**Form 13F Information Table Value Total:** $1490180

      (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   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | PPSC Investment Service Corp | 028-22801              |  |  |

### 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 |
| DIREXION DLY S 500 BULL 3X | DRX S | 25459W862 |  | 214217 | 3449 | SH |  | DFND | PPSC Investment Service Corp | 3449 | 0 | 0 |
| DIREXION DLY S 500 BEAR 3X | DLY S BR 3X | 25460E265 |  | 69108 | 3099 | SH |  | DFND |  | 3099 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 60288 | 464 | SH |  | DFND |  | 464 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 53960 | 225 | SH |  | DFND |  | 225 | 0 | 0 |
| INVESCO QQQ TRUST SERIES 1 | UNIT SER 1 | 46090E103 |  | 50327 | 189 | SH |  | DFND | PPSC Investment Service Corp | 189 | 0 | 0 |
| SPDR S 500 ETF TRUST | TR UNIT | 78462F103 |  | 49333 | 129 | SH |  | DFND | PPSC Investment Service Corp | 129 | 0 | 0 |
| ISHARES MSCI USA ESG SELECT | MSCI USA ESG SLC | 464288802 |  | 30541 | 371 | SH |  | DFND |  | 371 | 0 | 0 |
| SPDR GOLD SHARES | GOLD SHS | 78463V107 |  | 26294 | 155 | SH |  | DFND | PPSC Investment Service Corp | 155 | 0 | 0 |
| BERKSHIRE HATHAWAY INC-CL B | CL B NEW | 084670702 |  | 23168 | 75 | SH |  | DFND |  | 75 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 5564 | 75 | SH |  | DFND |  | 75 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 21322 | 159 | SH |  | DFND |  | 159 | 0 | 0 |
| AMAZON.COM INC | COM | 023135106 |  | 20076 | 239 | SH |  | DFND |  | 239 | 0 | 0 |
| MERCK  CO. INC. | COM | 58933Y105 |  | 17752 | 160 | SH |  | DFND |  | 160 | 0 | 0 |
| ALPHABET INC-CL A | CAP STK CL A | 02079K305 |  | 17646 | 200 | SH |  | DFND |  | 200 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 17207 | 156 | SH |  | DFND |  | 156 | 0 | 0 |
| ISHARES BROAD USD INVESTMENT | USD INV GRDE ETF | 464288620 |  | 15961 | 325 | SH |  | DFND |  | 325 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 15375 | 29 | SH |  | DFND |  | 29 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 14839 | 84 | SH |  | DFND |  | 84 | 0 | 0 |
| PROCTER  GAMBLE CO/THE | COM | 742718109 |  | 14550 | 96 | SH |  | DFND |  | 96 | 0 | 0 |
| NVIDIA CORP | COM | 67066G104 |  | 14468 | 99 | SH |  | DFND |  | 99 | 0 | 0 |
| INTL BUSINESS MACHINES CORP | COM | 459200101 |  | 14089 | 100 | SH |  | DFND |  | 100 | 0 | 0 |
| VISA INC-CLASS A SHARES | COM CL A | 92826C839 |  | 13504 | 65 | SH |  | DFND |  | 65 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 13180 | 107 | SH |  | DFND |  | 107 | 0 | 0 |
| CHEVRON CORP | COM | 166764100 |  | 12923 | 72 | SH |  | DFND |  | 72 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 12634 | 40 | SH |  | DFND |  | 40 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 12121 | 75 | SH |  | DFND |  | 75 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 11726 | 284 | SH |  | DFND |  | 284 | 0 | 0 |
| MASTERCARD INC - A | CL A | 57636Q104 |  | 11475 | 33 | SH |  | DFND |  | 33 | 0 | 0 |
| BANK OF AMERICA CORP | COM | 060505104 |  | 11559 | 349 | SH |  | DFND |  | 349 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 11478 | 224 | SH |  | DFND |  | 224 | 0 | 0 |
| META PLATFORMS INC-CLASS A | CL A | 30303M102 |  | 11312 | 94 | SH |  | DFND |  | 94 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 10645 | 31 | SH |  | DFND |  | 31 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 10367 | 19 | SH |  | DFND |  | 19 | 0 | 0 |
| COCA-COLA CO/THE | COM | 191216100 |  | 9923 | 156 | SH |  | DFND |  | 156 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 9756 | 54 | SH |  | DFND |  | 54 | 0 | 0 |
| TRAVELERS COS INC/THE | COM | 89417E109 |  | 9187 | 49 | SH |  | DFND |  | 49 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 8946 | 16 | SH |  | DFND |  | 16 | 0 | 0 |
| HERSHEY CO/THE | COM | 427866108 |  | 8800 | 38 | SH |  | DFND |  | 38 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 8260 | 15 | SH |  | DFND |  | 15 | 0 | 0 |
| ISHARES TIPS BOND ETF | TIPS BD ETF | 464287176 |  | 8622 | 81 | SH |  | DFND |  | 81 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 8270 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 8242 | 96 | SH |  | DFND |  | 96 | 0 | 0 |
| COSTCO WHOLESALE CORP | COM | 22160K105 |  | 7761 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 646 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| MCDONALD'S CORP | COM | 580135101 |  | 7642 | 29 | SH |  | DFND |  | 29 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 7670 | 76 | SH |  | DFND |  | 76 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 7548 | 81 | SH |  | DFND |  | 81 | 0 | 0 |
| CISCO SYSTEMS INC | COM | 17275R102 |  | 7527 | 158 | SH |  | DFND |  | 158 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7515 | 53 | SH |  | DFND |  | 53 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 7439 | 31 | SH |  | DFND |  | 31 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 7396 | 53 | SH |  | DFND |  | 53 | 0 | 0 |
| DANAHER CORP | COM | 235851102 |  | 7166 | 27 | SH |  | DFND |  | 27 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 7193 | 88 | SH |  | DFND |  | 88 | 0 | 0 |
| YUM! BRANDS INC | COM | 988498101 |  | 7172 | 56 | SH |  | DFND |  | 56 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 7123 | 99 | SH |  | DFND |  | 99 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 7079 | 153 | SH |  | DFND |  | 153 | 0 | 0 |
| CAMPBELL SOUP CO | COM | 134429109 |  | 7037 | 124 | SH |  | DFND |  | 124 | 0 | 0 |
| MONDELEZ INTERNATIONAL INC-A | CL A | 609207105 |  | 6998 | 105 | SH |  | DFND |  | 105 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 6829 | 26 | SH |  | DFND |  | 26 | 0 | 0 |
| PHILIP MORRIS INTERNATIONAL | COM | 718172109 |  | 6882 | 68 | SH |  | DFND |  | 68 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 6731 | 20 | SH |  | DFND |  | 20 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6604 | 79 | SH |  | DFND |  | 79 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 6604 | 146 | SH |  | DFND |  | 146 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 6540 | 166 | SH |  | DFND |  | 166 | 0 | 0 |
| INTUIT INC | COM | 461202103 |  | 6228 | 16 | SH |  | DFND |  | 16 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 6455 | 31 | SH |  | DFND |  | 31 | 0 | 0 |
| KRAFT HEINZ CO/THE | COM | 500754106 |  | 6391 | 157 | SH |  | DFND |  | 157 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 6229 | 26 | SH |  | DFND |  | 26 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 6103 | 23 | SH |  | DFND |  | 23 | 0 | 0 |
| WALT DISNEY CO/THE | COM | 254687106 |  | 6168 | 71 | SH |  | DFND |  | 71 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 6087 | 19 | SH |  | DFND |  | 19 | 0 | 0 |
| TEXAS INSTRUMENTS INC | COM | 882508104 |  | 5948 | 36 | SH |  | DFND |  | 36 | 0 | 0 |
| COMCAST CORP-CLASS A | CL A | 20030N101 |  | 6085 | 174 | SH |  | DFND |  | 174 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 5762 | 39 | SH |  | DFND |  | 39 | 0 | 0 |
| DOMINO'S PIZZA INC | COM | 25754A201 |  | 5542 | 16 | SH |  | DFND |  | 16 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC | COM | 595017104 |  | 5690 | 81 | SH |  | DFND |  | 81 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 5622 | 123 | SH |  | DFND |  | 123 | 0 | 0 |
| NIKE INC -CL B | CL B | 654106103 |  | 5616 | 48 | SH |  | DFND |  | 48 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 5569 | 38 | SH |  | DFND |  | 38 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 5555 | 56 | SH |  | DFND |  | 56 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 5332 | 69 | SH |  | DFND |  | 69 | 0 | 0 |
| ESTEE LAUDER COMPANIES-CL A | CL A | 518439104 |  | 5210 | 21 | SH |  | DFND |  | 21 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 5293 | 197 | SH |  | DFND |  | 197 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 5013 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 4031 | 2 | SH |  | DFND |  | 2 | 0 | 0 |
| VANGUARD DIVIDEND APPREC ETF | DIV APP ETF | 921908844 |  | 5163 | 34 | SH |  | DFND |  | 34 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 5057 | 46 | SH |  | DFND |  | 46 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 5118 | 278 | SH |  | DFND |  | 278 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 5103 | 134 | SH |  | DFND |  | 134 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 4918 | 33 | SH |  | DFND |  | 33 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 4966 | 47 | SH |  | DFND |  | 47 | 0 | 0 |
| APPLIED MATERIALS INC | COM | 038222105 |  | 4966 | 51 | SH |  | DFND |  | 51 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 3858 | 59 | SH |  | DFND |  | 59 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 4899 | 64 | SH |  | DFND |  | 64 | 0 | 0 |
| VANGUARD HIGH DVD YIELD ETF | HIGH DIV YLD | 921946406 |  | 4869 | 45 | SH |  | DFND |  | 45 | 0 | 0 |
| ADVANCED MICRO DEVICES | COM | 007903107 |  | 4793 | 74 | SH |  | DFND |  | 74 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 4636 | 92 | SH |  | DFND |  | 92 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 4641 | 35 | SH |  | DFND |  | 35 | 0 | 0 |
| DOXIMITY INC-CLASS A | CL A | 26622P107 |  | 4463 | 133 | SH |  | DFND |  | 133 | 0 | 0 |
| PINTEREST INC- CLASS A | CL A | 72352L106 |  | 4225 | 174 | SH |  | DFND |  | 174 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 4202 | 159 | SH |  | DFND |  | 159 | 0 | 0 |
| BOEING CO/THE | COM | 097023105 |  | 4000 | 21 | SH |  | DFND |  | 21 | 0 | 0 |
| FERRARI NV | COM | N3167Y103 |  | 4070 | 19 | SH |  | DFND |  | 19 | 0 | 0 |
| DELTA AIR LINES INC | COM NEW | 247361702 |  | 3976 | 121 | SH |  | DFND |  | 121 | 0 | 0 |
| VANGUARD TOTAL STOCK MKT ETF | TOTAL STK MKT | 922908769 |  | 3824 | 20 | SH |  | DFND |  | 20 | 0 | 0 |
| SNOWFLAKE INC-CLASS A | CL A | 833445109 |  | 3732 | 26 | SH |  | DFND |  | 26 | 0 | 0 |
| VANGUARD TOT WORLD STK ETF | TT WRLD ST ETF | 922042742 |  | 3792 | 44 | SH |  | DFND |  | 44 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 3718 | 31 | SH |  | DFND |  | 31 | 0 | 0 |
| SOUTHERN CO/THE | COM | 842587107 |  | 3713 | 52 | SH |  | DFND |  | 52 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 2775 | 2 | SH |  | DFND |  | 2 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 3637 | 21 | SH |  | DFND |  | 21 | 0 | 0 |
| UNION PACIFIC CORP | COM | 907818108 |  | 3520 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 3592 | 20 | SH |  | DFND |  | 20 | 0 | 0 |
| CLOUDFLARE INC - CLASS A | CL A COM | 18915M107 |  | 3526 | 78 | SH |  | DFND |  | 78 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 3474 | 93 | SH |  | DFND |  | 93 | 0 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 3466 | 430 | SH |  | DFND |  | 430 | 0 | 0 |
| PAYPAL HOLDINGS INC | COM | 70450Y103 |  | 3419 | 48 | SH |  | DFND |  | 48 | 0 | 0 |
| GENERAL MOTORS CO | COM | 37045V100 |  | 3431 | 102 | SH |  | DFND |  | 102 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 3399 | 68 | SH |  | DFND |  | 68 | 0 | 0 |
| ROBLOX CORP -CLASS A | CL A | 771049103 |  | 3358 | 118 | SH |  | DFND |  | 118 | 0 | 0 |
| AMERICAN AIRLINES GROUP INC | COM | 02376R102 |  | 3269 | 257 | SH |  | DFND |  | 257 | 0 | 0 |
| XEROX HOLDINGS CORP | COM NEW | 98421M106 |  | 3256 | 223 | SH |  | DFND |  | 223 | 0 | 0 |
| DIREXION SHS ETF TR | 20YR TRES BEAR | 25460G849 |  | 2998 | 22 | SH |  | DFND |  | 22 | 0 | 0 |
| CROWDSTRIKE HOLDINGS INC - A | CL A | 22788C105 |  | 3053 | 29 | SH |  | DFND |  | 29 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 2539 | 3 | SH |  | DFND |  | 3 | 0 | 0 |
| ISHARES IBOXX HIGH YLD CORP | IBOXX HI YD ETF | 464288513 |  | 2503 | 34 | SH |  | DFND |  | 34 | 0 | 0 |
| DRAFTKINGS INC-CL A | COM CL A | 26142V105 |  | 2540 | 223 | SH |  | DFND |  | 223 | 0 | 0 |
| FUELCELL ENERGY INC | COM | 35952H601 |  | 2499 | 899 | SH |  | DFND |  | 899 | 0 | 0 |
| VANECK OIL SERVICES ETF | OIL SERVICES ETF | 92189H607 |  | 2432 | 8 | SH |  | DFND |  | 8 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 2473 | 100 | SH |  | DFND |  | 100 | 0 | 0 |
| AIRBNB INC-CLASS A | COM CL A | 009066101 |  | 2394 | 28 | SH |  | DFND |  | 28 | 0 | 0 |
| ISHARES PREFERRED  INCOME S | PFD AND INCM SEC | 464288687 |  | 2381 | 78 | SH |  | DFND |  | 78 | 0 | 0 |
| ISHARES JP MORGAN USD EMERGI | JPMORGAN USD EMG | 464288281 |  | 2284 | 27 | SH |  | DFND |  | 27 | 0 | 0 |
| ROBINHOOD MARKETS INC - A | COM CL A | 770700102 |  | 2279 | 280 | SH |  | DFND |  | 280 | 0 | 0 |
| DLOCAL LTD | CLASS A COM | G29018101 |  | 2258 | 145 | SH |  | DFND |  | 145 | 0 | 0 |
| GAP INC/THE | COM | 364760108 |  | 2200 | 195 | SH |  | DFND |  | 195 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 2022 | 10 | SH |  | DFND |  | 10 | 0 | 0 |
| DOORDASH INC - A | CL A | 25809K105 |  | 2002 | 41 | SH |  | DFND |  | 41 | 0 | 0 |
| ISHARES SHORT TREASURY BOND | SHORT TREAS BD | 464288679 |  | 1869 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 1790 | 16 | SH |  | DFND |  | 16 | 0 | 0 |
| CRISPR THERAPEUTICS AG | NAMEN AKT | H17182108 |  | 1829 | 45 | SH |  | DFND |  | 45 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 1777 | 26 | SH |  | DFND |  | 26 | 0 | 0 |
| COINBASE GLOBAL INC -CLASS A | COM CL A | 19260Q107 |  | 1734 | 49 | SH |  | DFND |  | 49 | 0 | 0 |
| SHOPIFY INC - CLASS A | CL A | 82509L107 |  | 1736 | 50 | SH |  | DFND |  | 50 | 0 | 0 |
| DIR DLY MSCI EMG MKT BULL 3X | DLY EMG MK BL 3X | 25490K281 |  | 1675 | 57 | SH |  | DFND |  | 57 | 0 | 0 |
| ISHARES MSCI BRAZIL ETF | MSCI BRAZIL ETF | 464286400 |  | 1650 | 59 | SH |  | DFND |  | 59 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 1630 | 57 | SH |  | DFND |  | 57 | 0 | 0 |
| SPOTIFY TECHNOLOGY SA | SHS | L8681T102 |  | 1579 | 20 | SH |  | DFND |  | 20 | 0 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 |  | 1571 | 127 | SH |  | DFND |  | 127 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 1508 | 24 | SH |  | DFND |  | 24 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 1496 | 27 | SH |  | DFND |  | 27 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 1394 | 14 | SH |  | DFND |  | 14 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC-A | CL A | 69608A108 |  | 1438 | 224 | SH |  | DFND |  | 224 | 0 | 0 |
| ISHARES MSCI EMERGING MARKET | MSCI EMG MKT ETF | 464287234 |  | 1364 | 36 | SH |  | DFND |  | 36 | 0 | 0 |
| ZOOM VIDEO COMMUNICATIONS-A | CL A | 98980L101 |  | 1152 | 17 | SH |  | DFND |  | 17 | 0 | 0 |
| ISHARES CHINA LARGE-CAP ETF | CHINA LG-CAP ETF | 464287184 |  | 1160 | 41 | SH |  | DFND |  | 41 | 0 | 0 |
| ZILLOW GROUP INC - A | CL A | 98954M101 |  | 1155 | 37 | SH |  | DFND |  | 37 | 0 | 0 |
| LYFT INC-A | CL A COM | 55087P104 |  | 1014 | 92 | SH |  | DFND |  | 92 | 0 | 0 |
| SNAP INC - A | CL A | 83304A106 |  | 886 | 99 | SH |  | DFND |  | 99 | 0 | 0 |
| LEMONADE INC | COM | 52567D107 |  | 780 | 57 | SH |  | DFND |  | 57 | 0 | 0 |
| C3.AI INC-A | CL A | 12468P104 |  | 750 | 67 | SH |  | DFND |  | 67 | 0 | 0 |
| DIREXION SHS ETF TR | 20YR TRES BULL | 25459W540 |  | 686 | 90 | SH |  | DFND |  | 90 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 651 | 16 | SH |  | DFND |  | 16 | 0 | 0 |
| FASTLY INC - CLASS A | CL A | 31188V100 |  | 647 | 79 | SH |  | DFND |  | 79 | 0 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 505 | 41 | SH |  | DFND |  | 41 | 0 | 0 |
| DIREXION DAILY REAL ESTATE B | DAILY REAL ESTAT | 25460G419 |  | 2644 | 49 | SH |  | DFND |  | 49 | 0 | 0 |
| DIREXION DAILY REAL ESTATE B | DAILY REAL EST B | 25459W755 |  | 480 | 49 | SH |  | DFND |  | 49 | 0 | 0 |
| AFFIRM HOLDINGS INC | COM CL A | 00827B106 |  | 464 | 48 | SH |  | DFND |  | 48 | 0 | 0 |
| PELOTON INTERACTIVE INC-A | CL A COM | 70614W100 |  | 429 | 54 | SH |  | DFND |  | 54 | 0 | 0 |
| UPSTART HOLDINGS INC | COM | 91680M107 |  | 410 | 31 | SH |  | DFND |  | 31 | 0 | 0 |
| INVITAE CORP | COM | 46185L103 |  | 314 | 169 | SH |  | DFND |  | 169 | 0 | 0 |
| NOVAVAX INC | COM NEW | 670002401 |  | 257 | 25 | SH |  | DFND |  | 25 | 0 | 0 |
| DIR DLY MSCI EMG MKT BEAR 3X | DAILY MSCI EMERG | 25460E547 |  | 29 | 2 | SH |  | DFND |  | 2 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 0 | 0 | SH |  | DFND |  | 0 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 0 | 0 | SH |  | DFND |  | 0 | 0 | 0 |
| MAIN STREET CAPITAL CORP | COM | 56035L104 |  | 0 | 0 | SH |  | DFND |  | 0 | 0 | 0 |

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