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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

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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
TEVA PHARMACEUTICAL INDS LTD shared-defined 881624209 11,510 686,751 SH DFND 1,2 686,751 0 0
FREEPORT-MCMORAN CL A 35671D857 1,044 24,077 SH DFND 1,2 24,077 0 0
TOWER SEMICONDUCTOR LTD SHS M87915274 14,045 323,992 SH DFND 1,2 323,992 0 0
NICE LTD shared-defined 653656108 4,411 26,114 SH DFND 1,2 26,114 0 0
CHENIERE ENERGY INC COM NEW 16411R208 2,476 10,169 SH DFND 1,2 10,169 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y803 35,180 138,927 SH DFND 1,2 138,927 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 4,026 5,689 SH DFND 1,2 5,689 0 0
NVIDIA CORPORATION COM 67066G104 4,084 25,848 SH DFND 1,2 25,848 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 3,894 17,192 SH DFND 1,2 17,192 0 0
NOVA LTD shared-defined m7516k103 15,226 55,326 SH DFND 1,2 55,326 0 0
CAMTEK LTD ORD M20791105 1,021 12,080 SH DFND 1,2 12,080 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y605 15,373 293,551 SH DFND 1,2 293,551 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 6,046 21,678 SH DFND 1,2 21,678 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y407 2,594 11,938 SH DFND 1,2 11,938 0 0
SELECT SECTOR SPDR TR SBI INT UTILS 81369Y886 1,793 21,963 SH DFND 1,2 21,963 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y209 12,377 91,821 SH DFND 1,2 91,821 0 0
ORMAT TECHNOLOGIES INC shared-defined 686688102 7,428 88,676 SH DFND 1,2 88,676 0 0
ISHARES TR CHINA LG-CAP shared-defined 464287184 12,605 342,895 SH DFND 1,2 342,895 0 0
INVESCO EXCHANGE TRADED FD T AEROSPACE DEFN 46137V100 3,612 25,492 SH DFND 1,2 25,492 0 0
FIRST TR EXCHANGE-TRADED FD shared-defined 33737A108 6,958 50,052 SH DFND 1,2 50,052 0 0
META PLATFORMS INC shared-defined 30303M102 8,690 11,774 SH DFND 1,2 11,774 0 0
ALPHABET INC CAP STK CL C 02079K107 4,303 24,259 SH DFND 1,2 24,259 0 0
SOLAREDGE TECHNOLOGIES INC shared-defined 83417M104 3,398 166,559 SH DFND 1,2 166,559 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y852 11,461 105,598 SH DFND 1,2 105,598 0 0
INMODE LTD shared-defined M5425M103 2,643 183,022 SH DFND 1,2 183,022 0 0
VERTIV HOLDINGS CO COM 92537N108 1,614 12,569 SH DFND 1,2 12,569 0 0
ENLIGHT RENEWABLE ENERGY LTD shared-defined M4056D110 2,083 91,626 SH DFND 1,2 91,626 0 0
TEVA PHARMACEUTICAL INDS LTD shared-defined 881624209 17,262 1,029,980 SH DFND 1,2 1,029,980 0 0
FREEPORT-MCMORAN CL A 35671D857 1,904 43,923 SH DFND 1,2 43,923 0 0
VANGUARD INDEX FDS shared-defined 922908363 30,422 53,557 SH DFND 1,2 53,557 0 0
TOWER SEMICONDUCTOR LTD SHS M87915274 21,343 492,342 SH DFND 1,2 492,342 0 0
NICE LTD shared-defined 653656108 6,754 39,984 SH DFND 1,2 39,984 0 0
CHENIERE ENERGY INC COM NEW 16411R208 4,500 18,481 SH DFND 1,2 18,481 0 0
SPDR S&P 500 ETF TR TR shared-defined 78462F103 83,135 134,556 SH DFND 1,2 134,556 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y803 54,919 216,873 SH DFND 1,2 216,873 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 7,368 10,411 SH DFND 1,2 10,411 0 0
NVIDIA CORPORATION COM 67066G104 6,423 40,652 SH DFND 1,2 40,652 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 7,137 31,510 SH DFND 1,2 31,510 0 0
NOVA LTD shared-defined m7516k103 24,091 87,539 SH DFND 1,2 87,539 0 0
CAMTEK LTD ORD M20791105 1,600 18,920 SH DFND 1,2 18,920 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y605 19,903 380,049 SH DFND 1,2 380,049 0 0
VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 11,050 39,622 SH DFND 1,2 39,622 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y407 4,383 20,167 SH DFND 1,2 20,167 0 0
SELECT SECTOR SPDR TR SBI INT UTILS 81369Y886 3,269 40,037 SH DFND 1,2 40,037 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y209 16,644 123,479 SH DFND 1,2 123,479 0 0
ORMAT TECHNOLOGIES INC shared-defined 686688102 11,329 135,261 SH DFND 1,2 135,261 0 0
ISHARES TR CHINA LG-CAP shared-defined 464287184 21,839 594,105 SH DFND 1,2 594,105 0 0
VANGUARD INTL EQUITY INDEX F shared-defined 922042858 885 17,900 SH DFND 1,2 17,900 0 0
INVESCO EXCHANGE TRADED FD T AEROSPACE DEFN 46137V100 6,590 46,508 SH DFND 1,2 46,508 0 0
WISDOMTREE TR shared-defined 97717X578 1,629 47,241 SH DFND 1,2 47,241 0 0
FIRST TR EXCHANGE-TRADED FD shared-defined 33737A108 11,531 82,948 SH DFND 1,2 82,948 0 0
SILVERCREST METALS INC shared-defined 922908363 22,977 40,450 SH DFND 1,2 40,450 0 0
META PLATFORMS INC shared-defined 30303M102 14,412 19,526 SH DFND 1,2 19,526 0 0
ALPHABET INC CAP STK CL C 02079K107 7,866 44,341 SH DFND 1,2 44,341 0 0
SOLAREDGE TECHNOLOGIES INC shared-defined 83417M104 5,272 258,423 SH DFND 1,2 258,423 0 0
SELECT SECTOR SPDR TR shared-defined 81369Y852 12,535 115,502 SH DFND 1,2 115,502 0 0
INMODE LTD shared-defined M5425M103 4,170 288,756 SH DFND 1,2 288,756 0 0
VERTIV HOLDINGS CO COM 92537N108 2,976 23,176 SH DFND 1,2 23,176 0 0
ENLIGHT RENEWABLE ENERGY LTD shared-defined M4056D110 3,259 143,374 SH DFND 1,2 143,374 0 0