The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
TOPGOLF CALLAWAY BRANDS CORP COM 131193104 11,158,750 565,000 SH DFND 1 0 565,000 0
DOMINOS PIZZA COM 25754A201 12,993,464 37,510 SH DFND 1 0 37,510 0
GRAPHIC PACKA COM 388689101 8,275,821 371,947 SH DFND 1 0 371,947 0
CALL- GLD 100 @ 170 EXP 01/20/2023 CALL 99VSQY4S0 3,591,600 15,000 SH Call DFND 1 0 15,000 0
CORTEVA INC COM 22052L104 16,140,988 274,600 SH DFND 1 0 274,600 0
ISHARES TRUST ISHARES 1-5 YEAR INVESTMEN ISHS 1-5YR INVS 464288646 154,217,013 3,095,484 SH DFND 1 0 3,095,484 0
HYATT HOTELS CORP-CL A COM CL A 448579102 19,177,209 212,020 SH DFND 1 0 212,020 0
MICROSOFT CORPORATION COM 594918104 9,676,737 40,350 SH DFND 1 0 40,350 0
T-MOBILE US INC COM STK COM 872590104 15,550,780 111,077 SH DFND 1 0 111,077 0
PUT - BA 100 @ 170 EXP 02/17/2023 PUT 99P4F27Y6 122,250 300 SH Put DFND 1 0 300 0
ITIQUIRA ACQUISITION CORP UNIT 02/03/2026 G49773123 20,060,000 2,000,000 SH DFND 1 0 2,000,000 0
SHELL PLC-ADR SPON ADS 780259305 44,198,439 776,092 SH DFND 1 0 776,092 0
LIVE NATION ENTMT INC COM 538034109 9,163,836 131,400 SH DFND 1 0 131,400 0
CNH INDUSTRAL NV SHS N20944109 23,544,458 1,466,031 SH DFND 1 0 1,466,031 0
HEALTH CARE SPDR ETF SBI HEALTHCARE 81369Y209 15,711,053 115,650 SH DFND 1 0 115,650 0
WARNER MUSIC GROUP CORP-CL A COM CL A 934550203 14,629,360 417,743 SH DFND 1 0 417,743 0
CSX CORP COM 126408103 15,467,385 499,270 SH DFND 1 0 499,270 0
NOMAD HOLDINGS LTD. ORDINARY SHARES (VIR USD ORD SHS G6564A105 4,435,835 257,299 SH DFND 1 0 257,299 0
IAA INC COM 449253103 9,729,600 243,240 SH DFND 1 0 243,240 0
SKECHERS USA CL A 830566105 9,213,898 219,640 SH DFND 1 0 219,640 0
NETFLIX INC COM 64110L106 16,828,802 57,070 SH DFND 1 0 57,070 0
PINTEREST INC- CLASS A CL A 72352L106 1,966,680 81,000 SH DFND 1 0 81,000 0
CALL- EEM 100 @ 40 EXP 02/17/2023 CALL 99CBPC127 5,314,400 102,200 SH Call DFND 1 0 102,200 0
EMBRAER SA SPONSORED ADS 29082A107 34,306,997 3,138,792 SH DFND 1 0 3,138,792 0
UNITED STATES OIL FUND LP -ETF UNITS 91232N207 9,962,631 142,100 SH DFND 1 0 142,100 0
SCHLUMBERGER LTD COM STK 806857108 13,044,614 244,007 SH DFND 1 0 244,007 0
SIX FLAGS ENTERTAINMENT CORPORATION NEW COM 83001A102 7,105,200 305,600 SH DFND 1 0 305,600 0
UTILITIES SPDR SBI INT-UTILS 81369Y886 13,756,242 195,124 SH DFND 1 0 195,124 0
ISHARE CHINA LARGE CAP ETF CHINA LG-CAP ETF 464287184 53,487,000 1,890,000 SH DFND 1 0 1,890,000 0
ENERGY SPDR ENERGY 81369Y506 5,018,416 57,373 SH DFND 1 0 57,373 0
FREEPORT-MCMORAN INC CL B 35671D857 6,935,000 182,500 SH DFND 1 0 182,500 0
CALL- FXI 100 @ 33 EXP 03/17/2023 CALL 99P48YM19 2,675,000 50,000 SH Call DFND 1 0 50,000 0
CALL- SPY 100 @ 390 EXP 01/20/2023 CALL 99VSRH159 17,800,000 40,000 SH Call DFND 1 0 40,000 0
PENN ENTERTAINMENT INC COM 707569109 8,793,279 296,070 SH DFND 1 0 296,070 0
DUPONT DE NEMOURS INC COM 26614N102 18,337,936 267,200 SH DFND 1 0 267,200 0
MARATHON OIL CORP COM 565849106 6,696,631 247,382 SH DFND 1 0 247,382 0
VANECK GOLD MINERS ETF GOLD MINERS ETF 92189F106 114,554,020 3,997,000 SH DFND 1 0 3,997,000 0
BOYD GAMING COM 103304101 8,619,121 158,062 SH DFND 1 0 158,062 0
EMERSON ELECTRIC CO COM 291011104 22,513,582 234,370 SH DFND 1 0 234,370 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 21,343,470 211,489 SH DFND 1 0 211,489 0
HASBRO COM 418056107 11,091,618 181,800 SH DFND 1 0 181,800 0
ITAU UNIBANCO HOLDING SA SPON ADR REP PFD 465562106 24,191,017 5,136,097 SH DFND 1 0 5,136,097 0
HALLIBURTON CO COM 406216101 6,374,700 162,000 SH DFND 1 0 162,000 0
SOCQUIMICH ADR SPON ADR SER B 833635105 8,225,995 103,031 SH DFND 1 0 103,031 0
NATURA &CO HOLDING-ADR ADS 63884N108 163,544 37,770 SH DFND 1 0 37,770 0
SANOFI-ADR SPONSORED ADR 80105N105 1,088,077 22,467 SH DFND 1 0 22,467 0
ISHARES MSCI SOUTH KOREA ETF MSCI STH KOR ETF 464286772 6,441,375 114,047 SH DFND 1 0 114,047 0
HPX CORP-A -CW25 *W EXP 07/14/202 G32219126 312,061 743,003 SH DFND 1 0 743,003 0
CALL- EWZ 100 @ 29 EXP 01/20/2023 CALL 99O6XDPW2 1,864,400 31,600 SH Call DFND 1 0 31,600 0
INTER & CO INC - CL A CLASS A COM G4R20B107 213,293 89,997 SH DFND 1 0 89,997 0
ISHARES MSCI TAIWAN ETF MSCI TAIWAN ETF 46434G772 6,367,368 158,550 SH DFND 1 0 158,550 0
COMPANIA SPON ADS 20441B605 4,002,314 556,650 SH DFND 1 0 556,650 0
ADVANCE AUTO PARTS INC COM 00751Y106 5,575,231 37,919 SH DFND 1 0 37,919 0
EQUINOR ASA SPONSORED ADR 29446M102 10,877,825 303,765 SH DFND 1 0 303,765 0
GSK PLC-SPON ADR SPONSORED ADR 37733W204 4,813,161 136,971 SH DFND 1 0 136,971 0
CENTRAIS ELETRICAS BR-SP ADR SPONSORED ADR 15234Q207 2,341,531 295,275 SH DFND 1 0 295,275 0
BP PLC SPONSORED ADR 055622104 5,134,710 147,000 SH DFND 1 0 147,000 0
TIM SA-ADR SPONSORED ADR 88706T108 0 0 SH DFND 1 0 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 146,290 15,747 SH DFND 1 0 15,747 0
COMPANHIA SIDERURGICA NACIONAL SPONSORED ADR 20440W105 386,996 140,216 SH DFND 1 0 140,216 0
ENEL CHILE S.A. SPONSORED ADR 29278D105 874,712 388,761 SH DFND 1 0 388,761 0
COMPANHIA BRASILEIRA DE DISTRIBUIACAO SA SPONSORED ADR 20440T300 3,575,007 1,153,228 SH DFND 1 0 1,153,228 0
COMPNHIA ENRG SP ADR N-V PFD 204409601 1,754,513 864,292 SH DFND 1 0 864,292 0
GETNET ADQUIRENCIA E SER SPONSORED ADS 37428A103 139,857 82,269 SH DFND 1 0 82,269 0
GERDAU SA SPON ADR REP PFD 373737105 140,699 25,397 SH DFND 1 0 25,397 0
PUT - XLE 100 @ 84 EXP 02/17/2023 PUT 99D0TJVL6 268,740 1,000 SH Put DFND 1 0 1,000 0
CENTRAIS ELEC BRAS-ADR PREF SPON ADR PFD B 15234Q108 605,709 73,867 SH DFND 1 0 73,867 0
PUT - XLE 100 @ 85 EXP 02/17/2023 PUT 99P6BBH16 1,499,515 4,925 SH Put DFND 1 0 4,925 0
TELEFONICA BRASIL SA-ADR NEW ADR 87936R205 169,977 23,773 SH DFND 1 0 23,773 0
SUZANO SA SPON ADS 86959K105 1,578,783 170,864 SH DFND 1 0 170,864 0
SENDAS DISTRIBUIDORA SA-W/I SPON ADS 81689T104 1,179,896 64,440 SH DFND 1 0 64,440 0
ISHRS BRAZIL SM BRAZIL SM-CP ETF 464289131 54,312 4,652 SH DFND 1 0 4,652 0
VALE SA SP ADR SPONSORED ADS 91912E105 8,247,708 486,017 SH DFND 1 0 486,017 0
EVE HOLDING INC COM 29970N104 10,066 1,398 SH DFND 1 0 1,398 0
ZANITE ACQ CL A -CW25 *W EXP 05/09/202 29970N112 407,895 1,631,573 SH DFND 1 0 1,631,573 0
BANCO BRADESCO SP ADR PFD NEW 059460303 8,816 3,061 SH DFND 1 0 3,061 0
XP INC - CLASS A CL A G98239109 91,626 5,973 SH DFND 1 0 5,973 0
AZUL SA SPONSR ADR PFD 05501U106 1,570 257 SH DFND 1 0 257 0
PETROLEO BRASILEIRO ADR SPONSORED ADR 71654V408 7,487 703 SH DFND 1 0 703 0
FARMLAND PARTNER COM 31154R109 1,134 91 SH DFND 1 0 91 0
CALL- XLE 100 @ 135 EXP 02/17/2023 CALL 99P6BBG17 147 736 SH Call DFND 1 0 736 0