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
ARM HOLDINGS PLC SPONSORED ADR 042068205 3,769,993 34,489 SH DFND 0 0 34,489
ARM HOLDINGS PLC SPONSORED ADR 042068205 17,599 161 SH DFND 1 0 0 161
AAON INC COM PAR $0.004 000360206 4,956 65 SH DFND 0 0 65
ABBVIE INC COM 00287Y109 2,955,061 12,933 SH DFND 12,660 0 273
ACUITY BRANDS INC COM 00508Y102 6,121 17 SH DFND 0 0 17
ADOBE SYSTEMS INCORPORATED COM 00724F101 8,750 25 SH DFND 0 0 25
ADVANCED DRAIN SYS INC DEL COM 00790R104 5,793 40 SH DFND 0 0 40
ADVANCED MICRO DEVICES INC COM 007903107 741,850 3,464 SH DFND 0 0 336
ADVANCED MICRO DEVICES INC COM 007903107 3,855 18 SH DFND 1 0 0 18
AES CORP COM 00130H105 3,714,935 259,061 SH DFND 0 0 259,061
AGILENT TECHNOLOGIES INC COM 00846U101 58,102 427 SH DFND 0 0 427
AGREE REALTY CORP COM 008492100 8,716 121 SH DFND 0 0 121
AIR PRODS & CHEMS INC COM 009158106 6,670 27 SH DFND 0 0 27
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 33,420 228 SH DFND 0 0 228
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 21,547 147 SH DFND 1 0 0 147
ALLEGHENY TECHNOLOGIES INC COM 01741R102 28,231 246 SH DFND 0 0 246
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 56,069 141 SH DFND 0 0 141
ALPHABET INC CAP STK CL A 02079K305 53,412,511 170,647 SH DFND 1,010 0 169,637
ALPHABET INC CAP STK CL A 02079K305 46,950 150 SH DFND 1 0 0 150
ALPHABET INC CAP STK CL C 02079K107 1,550,417 4,929 SH DFND 0 0 4,929
AMAZON COM INC COM 023135106 84,788,034 367,334 SH DFND 109,109 0 258,225
AMAZON COM INC COM 023135106 67,861 294 SH DFND 1 0 0 294
AMERICA MOVIL SAB DE CV SPONSORED ADR 02390A101 50,758,453 2,450,123 SH DFND 1 0 0 2,450,123
AMERICAN WTR WKS CO INC NEW COM 030420103 24,404 187 SH DFND 0 0 187
AMETEK INC NEW COM 031100100 7,186 35 SH DFND 0 0 35
AMETEK INC NEW COM 031100100 3,696 18 SH DFND 1 0 0 18
AMGEN INC COM 031162100 61,862 189 SH DFND 0 0 189
AMKOR TECHNOLOGY INC COM 031652100 2,020,000 50,000 SH DFND 0 0 50,000
AMRIZE LTD SHS H2927K103 25,958 480 SH DFND 0 0 480
AMRIZE LTD SHS H2927K103 14,602 270 SH DFND 1 0 0 270
APOLLO GLOBAL MGMT INC COM 03769M106 14,331 99 SH DFND 0 0 99
APOLLO GLOBAL MGMT INC COM 03769M106 4,777 33 SH DFND 1 0 0 33
APPLE INC COM 037833100 62,641,981 230,420 SH DFND 150,333 0 80,087
APPLE INC COM 037833100 10,059 37 SH DFND 1 0 0 37
APPLOVIN CORP COM CL A 03831W108 30,996 46 SH DFND 0 0 46
APPLOVIN CORP COM CL A 03831W108 12,129 18 SH DFND 1 0 0 18
ARMSTRONG WORLD INDS INC NEW COM 04247X102 6,115 32 SH DFND 0 0 32
ARRAY TECHNOLOGIES INC COM SHS 04271T100 856,824 92,931 SH DFND 0 0 92,931
ASE TECHNOLOGY HOLDING CO LT SPONSORED ADS 00215W100 12,912 802 SH DFND 0 0 802
ASML HOLDING N V N Y REGISTRY SHS N07059210 1,447,389 1,350 SH DFND 0 0 1,350
ASTRAZENECA PLC SPONSORED ADR 046353108 112,798 1,227 SH DFND 0 0 1,227
AUTOZONE INC COM 053332102 1,794,104 529 SH DFND 0 0 529
AVIS BUDGET GROUP COM 053774105 7,956 62 SH DFND 0 0 62
AXON ENTERPRISE INC COM 05464C101 11,359 20 SH DFND 0 0 20
BAKER HUGHES A GE CO CL A 05722G100 1,823,968 40,052 SH DFND 40,052 0 0
BALL CORP COM 058498106 7,787 147 SH DFND 0 0 147
BANCO BRADESCO S A SP ADR PFD NEW 059460303 27,919,241 8,434,816 SH DFND 0 0 8,434,816
BANCO BRADESCO S A SP ADR PFD NEW 059460303 127,212,829 38,432,879 SH DFND 1 0 0 38,432,879
BANCO DE CHILE SPONSORED ADS 059520106 31,754,991 835,782 SH DFND 1 0 0 835,782
BANCO MACRO SA SPON ADR B 05961W105 541,434 6,030 SH DFND 0 0 6,030
BBB FOODS INC CL A COM G0896C103 35,557,863 1,059,893 SH DFND 1 0 0 1,059,893
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 79,921 159 SH DFND 0 0 159
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,027 10 SH DFND 1 0 0 10
BEST BUY INC CALL 086516101 77,777 2,350 SH Call DFND 0 0 2,350
BEST BUY INC COM 086516101 7,184,869 107,349 SH DFND 107,349 0 0
BIO RAD LABS INC CL A 090572207 59,689 197 SH DFND 0 0 197
BIO TECHNE CORP COM 09073M104 59,339 1,009 SH DFND 0 0 1,009
BIOGEN INC COM 09062X103 59,309 337 SH DFND 0 0 337
BLOOM ENERGY CORP COM CL A 093712107 13,381 154 SH DFND 0 0 154
BLOOM ENERGY CORP COM CL A 093712107 4,605 53 SH DFND 1 0 0 53
BLUE OWL CAPITAL INC COM CL A 09581B103 36,155 2,420 SH DFND 0 0 2,420
BLUE OWL CAPITAL INC COM CL A 09581B103 14,163 948 SH DFND 1 0 0 948
BOEING CO COM 097023105 160,886 741 SH DFND 0 0 741
BOISE CASCADE CO DEL COM 09739D100 87,437 1,188 SH DFND 0 0 1,188
BOISE CASCADE CO DEL COM 09739D100 13,027 177 SH DFND 1 0 0 177
BORGWARNER INC COM 099724106 8,742 194 SH DFND 0 0 194
BOSTON PROPERTIES INC COM 101121101 11,742 174 SH DFND 0 0 174
BRISTOL MYERS SQUIBB CO COM 110122108 63,487 1,177 SH DFND 0 0 1,177
BROADCOM INC COM 11135F101 23,132,978 66,839 SH DFND 0 0 66,839
BROOKFIELD RENEWABLE CORP CL A EX SUB VTG 11285B108 5,636 147 SH DFND 0 0 147
BUILDERS FIRSTSOURCE INC COM 12008R107 17,491 170 SH DFND 0 0 170
BUILDERS FIRSTSOURCE INC COM 12008R107 6,071 59 SH DFND 1 0 0 59
BURLINGTON STORES INC COM 122017106 91,277 316 SH DFND 0 0 316
BURLINGTON STORES INC COM 122017106 16,753 58 SH DFND 1 0 0 58
CAPITAL ONE FINL CORP COM 14040H105 463,889 1,903 SH DFND 0 0 1,903
CARLISLE COS INC COM 142339100 6,077 19 SH DFND 0 0 19
CARPENTER TECHNOLOGY CORP COM 144285103 11,334 36 SH DFND 0 0 36
CEMEX SAB DE CV SPON ADR NEW 151290889 125,392,112 10,857,832 SH DFND 1 0 0 10,857,832
CHENIERE ENERGY INC COM NEW 16411R208 33,629 173 SH DFND 0 0 173
CHENIERE ENERGY INC COM NEW 16411R208 19,633 101 SH DFND 1 0 0 101
CHIPOTLE MEXICAN GRILL INC COM 169656105 21,164 572 SH DFND 0 0 572
CHIPOTLE MEXICAN GRILL INC COM 169656105 12,987 351 SH DFND 1 0 0 351
CIRCLE INTERNET GROUP INC COM CL A 172573107 53,845 679 SH DFND 0 0 679
CITIGROUP INC COM NEW 172967424 8,518 73 SH DFND 1 0 0 73
CLEAN HARBORS INC COM 184496107 11,255 48 SH DFND 0 0 48
CLEARWAY ENERGY INC CL A 18539C105 5,624 179 SH DFND 0 0 179
CLEARWAY ENERGY INC CL C 18539C204 5,554 167 SH DFND 0 0 167
COCA COLA CO COM 191216100 2,161,407 30,917 SH DFND 30,917 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 64,049,688 672,833 SH DFND 1 0 0 672,833
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 8,414,220 351,501 SH DFND 1 0 0 351,501
COMPANHIA PARANAENSE DE ENER SPONSORED ADS 20441B704 1,563,586 413,804 SH DFND 1 0 0 413,804
CONOCOPHILLIPS COM 20825C104 18,254 195 SH DFND 0 0 195
CONSTELLATION ENERGY CORP COM 21037T109 677,925 1,919 SH DFND 0 0 1,919
CONSTELLATION ENERGY CORP COM 21037T109 26,495 75 SH DFND 1 0 0 75
COPA HOLDINGS SA CL A P31076105 2,220,463 18,470 SH DFND 0 0 18,470
COPA HOLDINGS SA CL A P31076105 13,111,434 109,062 SH DFND 1 0 0 109,062
CORE & MAIN INC CL A 21874C102 6,548 126 SH DFND 0 0 126
CORNING INC COM 219350105 1,777,200 20,000 SH DFND 0 0 20,000
COSTAR GROUP INC COM 22160N109 5,896,074 87,687 SH DFND 87,687 0 0
COSTCO WHSL CORP NEW COM 22160K105 34,494 40 SH DFND 0 0 40
COSTCO WHSL CORP NEW COM 22160K105 25,008 29 SH DFND 1 0 0 29
COUSINS PPTYS INC COM 222795502 8,379 325 SH DFND 0 0 325
CREDICORP LTD COM G2519Y108 2,900,000 10,000 SH DFND 0 0 10,000
CREDICORP LTD COM G2519Y108 74,534,060 257,014 SH DFND 1 0 0 257,014
CRISPR THERAPEUTICS AG NAMEN AKT H17182108 55,586 1,060 SH DFND 0 0 1,060
CROWDSTRIKE HLDGS INC CL A 22788C105 21,710,151 46,314 SH DFND 0 0 46,314
CROWDSTRIKE HLDGS INC CL A 22788C105 3,750 8 SH DFND 1 0 0 8
CSX CORP COM 126408103 26,100 720 SH DFND 0 0 720
DANAHER CORP DEL COM 235851102 144,906 633 SH DFND 0 0 633
DANAHER CORP DEL COM 235851102 18,771 82 SH DFND 1 0 0 82
DARLING INGREDIENTS INC COM 237266101 8,316 231 SH DFND 0 0 231
DBX ETF TR XTRACK RUSS 2000 233051440 756 23 SH DFND 0 0 23
DICKS SPORTING GOODS INC COM 253393102 636,666 3,200 SH DFND 0 0 3,200
DISNEY WALT CO COM DISNEY 254687106 966,704 8,497 SH DFND 567 0 7,930
DOCUSIGN INC COM 256163106 59,098 864 SH DFND 0 0 864
DRAFTKINGS INC NEW COM CL A 26142V105 13,543 393 SH DFND 0 0 393
EATON CORP PLC SHS G29183103 22,058,410 69,255 SH DFND 0 0 69,255
EBAY INC COM 278642103 59,228 680 SH DFND 0 0 680
ELASTIC N V ORD SHS N14506104 108,860 1,443 SH DFND 0 0 1,443
ELASTIC N V ORD SHS N14506104 31,232 414 SH DFND 1 0 0 414
ELECTRONIC ARTS INC COM 285512109 57,212 280 SH DFND 0 0 280
EMBRAER S A SP ADR REP 4 COM 29082A107 68,460,459 1,064,049 SH DFND 1 0 0 1,064,049
ENPHASE ENERGY INC COM 29355A107 17,307 540 SH DFND 250 0 290
EQT CORP COM 26884L109 10,827 202 SH DFND 0 0 202
EQUINIX INC COM PAR $0.001 29444U700 88,875 116 SH DFND 0 0 116
ESSENTIAL UTILS INC COM 29670G102 6,560 171 SH DFND 0 0 171
ESSEX PPTY TR INC COM 297178105 13,215 51 SH DFND 1 0 0 51
ETFIS SER TR I REAVES UTILS ETF 26923G806 9,742,430 123,400 SH DFND 1 0 0 123,400
EVE HLDG INC COM 29970N104 1,675,828 420,007 SH DFND 0 0 420,007
EXACT SCIENCES CORP COM 30063P105 61,139 602 SH DFND 0 0 602
EXXON MOBIL CORP COM 30231G102 11,553 96 SH DFND 0 0 96
FACEBOOK INC CL A 30303M102 37,182,210 56,329 SH DFND 317 0 56,012
FAIR ISAAC CORP COM 303250104 18,597 11 SH DFND 0 0 11
FERGUSON ENTERPRISES INC COMMON STOCK NEW 31488V107 906,233 4,019 SH DFND 0 0 4,019
FERRARI N V COM N3167Y103 1,502,485 4,034 SH DFND 0 0 4,034
FIRST SOLAR INC COM 336433107 927,367 3,550 SH DFND 0 0 3,550
FLUTTER ENTMT PLC SHS G3643J108 20,644 96 SH DFND 0 0 96
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 41,407,942 409,557 SH DFND 1 0 0 409,557
FOX CORP CL A COM 35137L105 60,210 824 SH DFND 0 0 824
FREEPORT-MCMORAN INC CL B 35671D857 8,124,682 158,037 SH DFND 0 0 158,037
GALAXY DIGITAL INC. CL A 36317J209 48,879 2,186 SH DFND 0 0 2,186
GARMIN LTD SHS H2906T109 57,407 283 SH DFND 0 0 283
GE VERNOVA INC COM 36828A101 2,952,176 4,517 SH DFND 0 0 4,517
GENERAC HLDGS INC COM 368736104 289,437 2,100 SH DFND 0 0 2,100
GEOPARK LTD USD SHS G38327105 585,605 79,458 SH DFND 0 0 79,458
GERDAU SA SPON ADR REP PFD 373737105 32,294,810 8,744,732 SH DFND 1 0 0 8,744,732
GILEAD SCIENCES INC COM 375558103 61,615 502 SH DFND 0 0 502
GITLAB INC CLASS A COM 37637K108 1,182,535 31,000 SH DFND 0 0 31,000
GLOBAL X FDS GLOBAL X URANIUM 37954Y871 235,870 5,520 SH DFND 0 0 5,420
GLOBAL X FDS LITHIUM BTRY ETF 37954Y855 59,152 912 SH DFND 0 0 912
GLOBAL X FDS RBTCS ARTFL INTE 37954Y715 3,950,640 108,000 SH DFND 0 0 108,000
GLOBANT S A COM L44385109 805,139 12,111 SH DFND 1 0 0 12,111
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 636,519 14,427 SH DFND 1 0 0 14,427
GOLDMAN SACHS GROUP INC COM 38141G104 10,548 12 SH DFND 0 0 12
GOLDMAN SACHS GROUP INC COM 38141G104 11,427 13 SH DFND 1 0 0 13
GRUPO AEROMEXICO SAB DE CV SPONSORED ADS 40054J109 24,350,976 1,101,434 SH DFND 1 0 0 1,101,434
GRUPO AEROPUERTO DEL PACIFIC SPON ADR B 400506101 42,634,490 161,435 SH DFND 1 0 0 161,435
GRUPO CIBEST AS SPON ADS 40090E106 41,522,624 651,368 SH DFND 1 0 0 651,368
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 4,962,480 92,000 SH DFND 20,000 0 72,000
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 25,483,252 472,437 SH DFND 1 0 0 472,437
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 887,413 302,942 SH DFND 1 0 0 302,942
GUARDANT HEALTH INC COM 40131M109 59,650 584 SH DFND 0 0 584
HDFC BANK LTD ADR REPS 3 SHS 40415F101 14,908 408 SH DFND 0 0 408
HDFC BANK LTD ADR REPS 3 SHS 40415F101 7,527 206 SH DFND 1 0 0 206
HEWLETT PACKARD ENTERPRISE C COM 42824C109 134,200 5,587 SH DFND 0 0 5,587
HEXCEL CORP NEW COM 428291108 8,129 110 SH DFND 0 0 110
HIGHWOODS PPTYS INC COM 431284108 7,772 301 SH DFND 0 0 301
HOME DEPOT INC COM 437076102 28,216 82 SH DFND 0 0 82
HORMEL FOODS CORP COM 440452100 4,019,070 169,581 SH DFND 0 0 169,581
HUBBELL INC COM 443510607 982,371 2,212 SH DFND 0 0 2,212
HUBBELL INC COM 443510607 8,438 19 SH DFND 1 0 0 19
HUT 8 CORP COM 44812J104 40,795 888 SH DFND 0 0 888
HUT 8 CORP COM 44812J104 11,255 245 SH DFND 1 0 0 245
IDEX CORP COM 45167R104 15,303 86 SH DFND 0 0 86
IDEX CORP COM 45167R104 8,541 48 SH DFND 1 0 0 48
IES HLDGS INC COM 44951W106 473,140 1,200 SH DFND 0 0 1,200
ILLUMINA INC COM 452327109 72,925 556 SH DFND 0 0 556
INFOSYS LTD SPONSORED ADR 456788108 541,407 30,382 SH DFND 0 0 30,382
INTEL CORP CALL 458140900 1,152,795 2,000 SH Call DFND 0 0 2,000
INTEL CORP COM 458140100 745,417 20,201 SH DFND 18,786 0 1,415
INTERACTIVE BROKERS GROUP IN COM 45841N107 162,463 2,500 SH DFND 0 0 2,500
INTERCORP FINL SVCS INC SHS P5626F128 1,398,447 33,170 SH DFND 1 0 0 33,170
INTERNATIONAL BUSINESS MACHS COM 459200101 13,050,716 44,059 SH DFND 44,059 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 4,641,641 8,107 SH DFND 0 0 8,107
INVESCO ACTIVELY MANAGD ETF ACTIVE US REAL 46090A101 28,462,836 46,330 SH DFND 0 0 46,330
INVESCO ACTIVELY MANAGD ETF OPTIMUM YIELD 46090F100 604,160 45,597 SH DFND 1 0 0 45,597
INVESCO DB MLTI SECTR CMMTY AGRICULTURE FD 46140H106 4,297,568 168,400 SH DFND 168,400 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 4,981 26 SH DFND 0 0 26
INVESCO EXCHNG TRADED FD TR KBW BK 46138E628 2,172,337 25,584 SH DFND 0 0 25,584
INVESCO EXCHNG TRADED FD TR FTSE RAFI EMNG 46138E727 78,749,743 3,051,133 SH DFND 1 0 0 3,051,133
INVESCO QQQ TR UNIT SER 1 46090E103 1,863,097 3,010 SH DFND 0 0 3,010
IONQ INC COM 46222L108 2,627,980 58,000 SH DFND 0 0 58,000
ISHARES GOLD TR ISHARES NEW 464285204 362,343 4,464 SH DFND 1 0 0 4,464
ISHARES INC MSCI JPN ETF NEW 46434G822 61,609,464 763,060 SH DFND 1 0 0 763,060
ISHARES INC MSCI PAC JP ETF 464286665 203,520 4,000 SH DFND 0 0 4,000
ISHARES SILVER TRUST ISHARES 46428Q109 254,717 3,954 SH DFND 0 0 3,954
ISHARES TR MSCI EAFE ETF 464287465 913,344 9,514 SH DFND 0 0 9,514
ISHARES TR MSCI EMG MKT ETF 464287234 39,924,677 729,751 SH DFND 0 0 729,751
ISHARES TR MSCI EMG MKT ETF 464287234 2,247,706 41,084 SH DFND 1 0 0 41,084
ISHARES TR RUSSELL 2000 ETF 464287655 45,884,154 186,377 SH DFND 0 0 186,377
ISHARES TR MSCI CHINA ETF 46429B671 552,644 9,200 SH DFND 0 0 9,200
ISHARES TR IBOXX INV CP ETF 464287242 9,430,170 85,581 SH DFND 0 0 85,581
ISHARES TR SHORT TREAS BD 464288679 11,940,260 108,400 SH DFND 0 0 108,400
ISHARES TR 20 YR TR BD ETF 464287432 3,075,100 35,000 SH DFND 0 0 35,000
ISHARES TR 10-20 YR TRS ETF 464288653 578,706 5,692 SH DFND 1 0 0 5,692
ISHARES TR US TREAS BD ETF 46429B267 70,426,360 3,058,691 SH DFND 1 0 0 3,058,691
ISHARES TR USA QUALITY FCTR 46432F339 209,345 1,054 SH DFND 1 0 0 1,054
ISHARES TR TIPS BD ETF 464287176 597,581 5,437 SH DFND 1 0 0 5,437
ISHARES TR RUS 1000 GRW ETF 464287614 2,303,551 4,867 SH DFND 0 0 4,867
ISHARES TR RUS 1000 GRW ETF 464287614 24,135,460 50,994 SH DFND 1 0 0 50,994
ISHARES TR GL CLEAN ENE ETF 464288224 1,677,900 102,000 SH DFND 0 0 102,000
ISHARES TR S&P 500 GRWT ETF 464287309 6,583,317 53,410 SH DFND 0 0 53,410
ISHARES TR U.S. REAL ES ETF 464287739 822,946 8,765 SH DFND 0 0 8,765
ISHARES TR CORE S&P500 ETF 464287200 30,421,610 44,415 SH DFND 0 0 44,415
ISHARES TR MSCI ACWI EX US 464288240 29,074,003 433,100 SH DFND 0 0 433,100
ISHARES TR CALIF MUN BD ETF 464288356 851,385 14,817 SH DFND 1 0 0 14,817
ISHARES TR EAFE GRWTH ETF 464288885 2,081,204 18,269 SH DFND 0 0 18,269
ISHARES TR EAFE GRWTH ETF 464288885 23,644,893 207,557 SH DFND 1 0 0 207,557
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 151,310,092 21,106,153 SH DFND 1 0 0 21,106,153
JAMES HARDIE INDS PLC ORD SHS G4253H101 6,412 309 SH DFND 0 0 309
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 61,200 360 SH DFND 0 0 360
JBS N.V. CL A SHS N4732M103 2,173,500 150,000 SH DFND 0 0 150,000
JBS N.V. CL A SHS N4732M103 1,022,994 70,600 SH DFND 1 0 0 70,600
JOHNSON & JOHNSON COM 478160104 663,068 3,204 SH DFND 2,902 0 302
JOHNSON CTLS INTL PLC SHS G51502105 26,345 220 SH DFND 0 0 220
JPMORGAN CHASE & CO COM 46625H100 6,608,732 20,510 SH DFND 0 0 20,510
JPMORGAN CHASE & CO COM 46625H100 16,111 50 SH DFND 1 0 0 50
KASPI KZ JSC SPONSORED ADS 48581R205 4,698,811 59,441 SH DFND 0 0 59,441
KENVUE INC COM 49177J102 3,112,468 179,600 SH DFND 0 0 179,600
KILROY RLTY CORP COM 49427F108 7,287 195 SH DFND 0 0 195
KINDER MORGAN INC DEL COM 49456B101 2,693,773 97,991 SH DFND 0 0 97,991
KINDER MORGAN INC DEL COM 49456B101 6,350 231 SH DFND 1 0 0 231
KKR & CO INC CL A 48251W104 1,818,456 14,140 SH DFND 0 0 14,140
L3HARRIS TECHNOLOGIES INC COM 502431109 2,363,760 8,000 SH DFND 0 0 8,000
LATAM AIRLINES GROUP SA SPONSORED ADR 51817R205 83,265,963 1,545,674 SH DFND 1 0 0 1,545,674
LIBERTY OILFIELD SVCS INC COM CL A 53115L104 89,457 4,846 SH DFND 0 0 4,846
LIBERTY OILFIELD SVCS INC COM CL A 53115L104 28,355 1,536 SH DFND 1 0 0 1,536
LILLY ELI & CO COM 532457108 3,196,830 2,961 SH DFND 0 0 2,961
LINDE PLC SHS G54950103 38,801 91 SH DFND 0 0 91
LINDE PLC SHS G54950103 8,528 20 SH DFND 1 0 0 20
LOMA NEGRA CORP SPONSORED ADS 54150E104 2,426,593 190,920 SH DFND 0 0 190,920
LOUISIANA PAC CORP COM 546347105 5,976 74 SH DFND 0 0 74
LUCID GROUP INC COM NEW 549498202 6,490 614 SH DFND 0 0 614
MARA HOLDINGS INC COM 565788106 42,502 4,733 SH DFND 0 0 4,733
MARRIOTT INTL INC NEW CL A 571903202 1,813,043 5,844 SH DFND 0 0 5,844
MARVELL TECHNOLOGY INC COM 573874104 1,049,163 12,346 SH DFND 0 0 12,346
MARVELL TECHNOLOGY INC COM 573874104 2,464 29 SH DFND 1 0 0 29
MASCO CORP COM 574599106 5,965 94 SH DFND 0 0 94
MASTERCARD INCORPORATED CL A 57636Q104 581,824 1,008 SH DFND 0 0 1,008
MEDLINE INC COM CL A 58507V107 628,800 15,000 SH DFND 0 0 15,000
MERCADOLIBRE INC COM 58733R102 334,367 166 SH DFND 0 0 166
MERCADOLIBRE INC COM 58733R102 57,724,663 28,658 SH DFND 1 0 0 28,658
MERCK & CO INC COM 58933Y105 6,224,530 58,694 SH DFND 0 0 58,694
MICRON TECHNOLOGY INC COM 595112103 7,807,676 27,356 SH DFND 0 0 27,356
MICRON TECHNOLOGY INC COM 595112103 15,412 54 SH DFND 1 0 0 54
MICROSOFT CORP COM 594918104 56,901,278 117,657 SH DFND 389 0 117,268
MICROSOFT CORP COM 594918104 131,061 271 SH DFND 1 0 0 271
MICROSTRATEGY INC CL A NEW 594972408 29,934 197 SH DFND 0 0 197
MICROSTRATEGY INC CL A NEW 594972408 9,877 65 SH DFND 1 0 0 65
MODERNA INC COM 60770K107 64,111 2,174 SH DFND 0 0 2,174
MOODYS CORP COM 615369105 169,091 331 SH DFND 0 0 331
MP MATERIALS CORP COM CL A 553368101 10,609 210 SH DFND 0 0 210
NETFLIX INC COM 64110L106 26,358,624 281,118 SH DFND 440 0 280,678
NETFLIX INC COM 64110L106 16,783 179 SH DFND 1 0 0 179
NEWMONT MINING CORP COM 651639106 2,719,714 27,238 SH DFND 27,238 0 0
NEXTERA ENERGY INC CALL 65339F901 32,346 200 SH Call DFND 0 0 200
NEXTERA ENERGY INC COM 65339F101 5,475,417 68,204 SH DFND 23,341 0 44,863
NEXTPOWER INC CLASS A COM 65290E101 874,933 10,044 SH DFND 0 0 10,044
NIKE INC CL B 654106103 1,784 28 SH DFND 28 0 0
NORFOLK SOUTHERN CORP COM 655844108 23,098 80 SH DFND 0 0 80
NORTHROP GRUMMAN CORP COM 666807102 517,030 900 SH DFND 0 0 900
NRG ENERGY INC COM NEW 629377508 6,334,886 39,782 SH DFND 0 0 39,782
NU HLDGS LTD ORD SHS CL A G6683N103 15,466,789 923,942 SH DFND 0 0 923,942
NU HLDGS LTD ORD SHS CL A G6683N103 195,332,649 11,668,617 SH DFND 1 0 0 11,668,617
NUSCALE PWR CORP CL A COM 67079K100 2,690,280 188,000 SH DFND 0 0 188,000
NUTANIX INC CL A 67059N108 59,030 1,142 SH DFND 0 0 1,142
NVIDIA CORP COM 67066G104 91,137,328 488,672 SH DFND 94 0 488,578
NVIDIA CORP COM 67066G104 86,723 465 SH DFND 1 0 0 465
OKLO INC COM CL A 02156V109 1,289,160 18,000 SH DFND 0 0 18,000
OMEGA HEALTHCARE INVS INC COM 681936100 21,106 476 SH DFND 0 0 476
OMEROS CORP COM 682143102 3,052,800 180,000 SH DFND 0 0 180,000
ON SEMICONDUCTOR CORP COM 682189105 976,286 18,000 SH DFND 0 0 18,000
ORACLE CORP COM 68389X105 99,014 508 SH DFND 0 0 508
ORACLE CORP COM 68389X105 29,626 152 SH DFND 1 0 0 152
OWENS CORNING NEW COM 690742101 20,591 184 SH DFND 0 0 184
OWENS CORNING NEW COM 690742101 8,281 74 SH DFND 1 0 0 74
PALANTIR TECHNOLOGIES INC CL A 69608A108 21,825,212 122,786 SH DFND 0 0 122,786
PAMPA ENERGIA S A SPONS ADR LVL I 697660207 10,559,588 120,557 SH DFND 0 0 120,557
PENUMBRA INC COM 70975L107 64,047 206 SH DFND 0 0 206
PEPSICO INC COM 713448108 4,449 31 SH DFND 0 0 31
PERKINELMER INC COM 714046109 58,921 609 SH DFND 0 0 609
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 50,865,170 4,541,533 SH DFND 4,541,533 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 52,383,352 4,677,085 SH DFND 1 0 0 4,677,085
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 168,955,466 14,306,136 SH DFND 14,306,136 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 65,215,092 5,522,023 SH DFND 1 0 0 5,522,023
PFIZER INC COM 717081103 58,764 2,360 SH DFND 0 0 2,360
PINDUODUO INC SPONSORED ADS 722304102 15,463,561 136,375 SH DFND 136,375 0 0
PNC FINL SVCS GROUP INC COM 693475105 13,359 64 SH DFND 0 0 64
PNM RES INC COM 69349H107 11,835 201 SH DFND 0 0 201
PROCTER AND GAMBLE CO COM 742718109 18,200 127 SH DFND 0 0 127
PROGRESSIVE CORP OHIO COM 743315103 11,135 52 SH DFND 0 0 52
PROGRESSIVE CORP OHIO COM 743315103 20,984 98 SH DFND 1 0 0 98
PUBLIC SVC ENTERPRISE GROUP COM 744573106 2,353,995 29,315 SH DFND 28,666 0 649
PUBLIC SVC ENTERPRISE GROUP COM 744573106 10,841 135 SH DFND 1 0 0 135
QUALCOMM INC COM 747525103 2,083,800 12,000 SH DFND 0 0 12,000
QUANTA SVCS INC COM 74762E102 642,995 1,500 SH DFND 0 0 1,500
QXO INC COM NEW 82846H405 1,260,123 60,000 SH DFND 0 0 60,000
RAYTHEON TECHNOLOGIES CORP COM 75513E101 1,807,774 9,857 SH DFND 0 0 9,857
REDDIT INC CL A 75734B100 57,697 251 SH DFND 0 0 251
REDDIT INC CL A 75734B100 8,505 37 SH DFND 1 0 0 37
REGENERON PHARMACEUTICALS COM 75886F107 66,381 86 SH DFND 0 0 86
REPLIGEN CORP COM 759916109 61,939 378 SH DFND 0 0 378
REPUBLIC SVCS INC COM 760759100 41,114 194 SH DFND 0 0 194
RH COM 74967X103 7,166 40 SH DFND 0 0 40
RIDGEBIO PHARMA INC COM COM 10806X102 62,645 819 SH DFND 0 0 819
RIOT BLOCKCHAIN INC COM 767292105 243,752 19,194 SH DFND 0 0 19,194
RIVIAN AUTOMOTIVE INC COM CL A 76954A103 22,903 1,162 SH DFND 0 0 1,162
ROBINHOOD MKTS INC COM CL A 770700102 9,283,276 80,418 SH DFND 0 0 80,418
ROBLOX CORP CL A 771049103 128,595 1,587 SH DFND 1,003 0 584
ROCKET LAB CORP COM 773121108 6,199,600 88,000 SH DFND 0 0 88,000
ROKU INC COM CL A 77543R102 60,863 561 SH DFND 0 0 561
ROUNDHILL ETF TRUST META WEEKLYPAY E 77926X742 230,055 12,250 SH DFND 0 0 12,250
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 1,670,731 5,990 SH DFND 0 0 5,990
S&P GLOBAL INC COM 78409V104 5,030,974 9,627 SH DFND 0 0 9,627
SAIA INC COM 78709Y105 11,755 36 SH DFND 0 0 36
SALESFORCE COM INC COM 79466L302 47,684 180 SH DFND 0 0 180
SALESFORCE COM INC COM 79466L302 17,219 65 SH DFND 1 0 0 65
SCHEIN HENRY INC COM 806407102 19,500 258 SH DFND 0 0 258
SCHEIN HENRY INC COM 806407102 3,703 49 SH DFND 1 0 0 49
SCHWAB CHARLES CORP NEW COM 808513105 1,654,909 16,564 SH DFND 0 0 16,564
SEA LTD ADR 81141R100 296,728 2,326 SH DFND 0 0 2,326
SELECT SECTOR SPDR TR ENERGY 81369Y506 3,410,300 76,276 SH DFND 0 0 76,276
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 38,467,217 702,341 SH DFND 0 0 702,341
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 7,668,130 53,262 SH DFND 0 0 53,262
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 2,482 16 SH DFND 0 0 16
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 6,647,077 55,666 SH DFND 0 0 55,666
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 6,888,665 151,900 SH DFND 0 0 151,900
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 6,444,817 54,747 SH DFND 0 0 54,747
SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 847,272 99,679 SH DFND 0 0 99,679
SIRIUSXM HOLDINGS INC COMMON STOCK 829933100 52,487 2,625 SH DFND 0 0 2,625
SNAP INC CL A 83304A106 57,321 7,103 SH DFND 0 0 7,103
SONY CORP SPONSORED ADR 835699307 724,403 28,297 SH DFND 0 0 28,297
SOUTHERN COPPER CORP COM 84265V105 27,460,138 191,301 SH DFND 1 0 0 191,301
SPDR GOLD TR GOLD SHS 78463V107 112,224,688 283,174 SH DFND 0 0 283,174
SPDR GOLD TRUST CALL 78463V907 92,607,983 3,750 SH Call DFND 0 0 3,750
SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 556,300 4,000 SH DFND 0 0 4,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 15,150,155 22,213 SH DFND 0 0 22,213
SPDR S&P 500 ETF TR TR UNIT 78462F103 310,494,618 455,244 SH DFND 1 0 0 455,244
SPDR SER TR S&P OILGAS EXP 78468R556 4,393,848 34,800 SH DFND 0 0 34,800
SPDR SER TR SPDR BLOOMBERG 78468R663 909,048 9,948 SH DFND 0 0 9,948
SPDR SER TR SPDR BLOOMBERG 78468R663 290,040 3,174 SH DFND 1 0 0 3,174
SPORTRADAR GROUP AG CLASS A ORD SHS H8088L103 35,156 1,479 SH DFND 0 0 1,479
SPORTRADAR GROUP AG CLASS A ORD SHS H8088L103 10,126 426 SH DFND 1 0 0 426
STEEL DYNAMICS INC COM 858119100 30,670 181 SH DFND 0 0 181
STONECO LTD COM CL A G85158106 7,647,273 517,057 SH DFND 0 0 517,057
SUZANO S A SPON COM 86959K105 7,734,867 828,449 SH DFND 1 0 0 828,449
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 24,855,771 81,792 SH DFND 0 0 74,950
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 388,675 1,279 SH DFND 1 0 0 1,279
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 59,143 231 SH DFND 0 0 231
TALEN ENERGY CORP COM 87422Q109 4,118,367 10,987 SH DFND 0 0 10,987
TALEN ENERGY CORP COM 87422Q109 20,616 55 SH DFND 1 0 0 55
TARGET HOSPITALITY CORP COM 87615L107 381,067 47,000 SH DFND 0 0 47,000
TENABLE HLDGS INC COM 88025T102 119,068 5,000 SH DFND 0 0 5,000
TESLA INC COM 88160R101 45,813,426 101,871 SH DFND 75,000 0 26,871
TETRA TECH INC NEW COM 88162G103 5,903 176 SH DFND 0 0 176
THERMO FISHER SCIENTIFIC INC COM 883556102 64,319 111 SH DFND 0 0 111
TOPBUILD CORP COM 89055F103 5,841 14 SH DFND 0 0 14
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 4,100,382 34,000 SH DFND 0 0 34,000
TRANSALTA CORP COM 89346D107 12,501 989 SH DFND 0 0 989
TRANSDIGM GROUP INC COM 893641100 46,545 35 SH DFND 0 0 35
TRANSDIGM GROUP INC COM 893641100 18,618 14 SH DFND 1 0 0 14
TRANSPORTADORA DE GAS SUR SPON ADR B 893870204 1,516,162 49,035 SH DFND 0 0 49,035
TREX CO INC COM 89531P105 6,139 175 SH DFND 0 0 175
TRIPADVISOR INC COM 896945201 248,850 17,000 SH DFND 0 0 17,000
UBS GROUP AG SHS H42097107 181,350 3,916 SH DFND 0 0 3,916
UIPATH INC CL A 90364P105 4,334,200 260,000 SH DFND 0 0 260,000
UNION PAC CORP COM 907818108 102,706 444 SH DFND 0 0 444
UNION PAC CORP COM 907818108 18,043 78 SH DFND 1 0 0 78
UNITED RENTALS INC COM 911363109 3,709,114 4,583 SH DFND 0 0 4,583
UNITEDHEALTH GROUP INC COM 91324P102 10,894 33 SH DFND 0 0 33
UNITY SOFTWARE INC COM 91332U101 51,370 1,163 SH DFND 0 0 1,163
UNITY SOFTWARE INC COM 91332U101 3,578 81 SH DFND 1 0 0 81
US BANCORP DEL COM NEW 902973304 1,768,457 33,142 SH DFND 0 0 33,142
VALE S A SPONSORED ADS 91912E105 41,648,254 3,176,831 SH DFND 0 0 3,176,831
VALE S A SPONSORED ADS 91912E105 91,058,822 6,945,753 SH DFND 1 0 0 6,945,753
VANECK VECTORS ETF TR URANIUM NUCLEAR 92189F601 10,526,571 84,755 SH DFND 1 0 0 84,755
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 256,019,551 408,240 SH DFND 0 0 408,240
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 1,465,603 2,337 SH DFND 1 0 0 2,337
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 523,733 6,264 SH DFND 0 0 6,264
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 79,992,697 956,736 SH DFND 1 0 0 956,736
VERTEX PHARMACEUTICALS INC COM 92532F100 62,564 138 SH DFND 0 0 138
VERTIV HOLDINGS CO COM CL A 92537N108 372,947 2,302 SH DFND 0 0 2,302
VESTA REAL ESTATE CORPORATIO ADS 92540K109 5,796,083 190,366 SH DFND 1 0 0 190,366
VICI PPTYS INC COM 925652109 23,452 834 SH DFND 1 0 0 834
VISA INC COM CL A 92826C839 14,022,438 39,983 SH DFND 38,845 0 1,138
VISA INC COM CL A 92826C839 3,507 10 SH DFND 1 0 0 10
VISTRA ENERGY CORP COM 92840M102 100,186 621 SH DFND 0 0 621
VISTRA ENERGY CORP COM 92840M102 32,589 202 SH DFND 1 0 0 202
VORNADO RLTY TR SH BEN INT 929042109 8,120 244 SH DFND 0 0 244
WABTEC CORP COM 929740108 16,863 79 SH DFND 0 0 79
WALMART INC COM 931142103 15,486 139 SH DFND 0 0 139
WARNER BROS DISCOVERY INC COM SER A 934423104 60,378 2,095 SH DFND 0 0 2,095
WASTE CONNECTIONS INC COM 94106B101 18,764 107 SH DFND 0 0 107
WASTE MGMT INC DEL COM 94106L109 78,876 359 SH DFND 0 0 359
WATERS CORP COM 941848103 58,874 155 SH DFND 0 0 155
WAVE LIFE SCIENCES LTD SHS Y95308105 1,749,300 102,000 SH DFND 0 0 102,000
WEYERHAEUSER CO COM 962166104 23,572 995 SH DFND 0 0 995
WILLIAMS COS INC DEL COM 969457100 5,067,634 84,306 SH DFND 0 0 84,306
WILLIAMS COS INC DEL COM 969457100 53,919 897 SH DFND 1 0 0 897
WISDOMTREE TR INDIA ERNGS FD 97717W422 1,364,061 29,770 SH DFND 0 0 29,770
WOODWARD INC COM 980745103 2,606,660 8,600 SH DFND 0 0 8,600
XYLEM INC COM 98419M100 13,209 97 SH DFND 0 0 97
ZOOM VIDEO COMMUNICATIONS IN CL A 98980L101 179,311 2,078 SH DFND 0 0 2,078