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 6,958,880 46,000 SH DFND 0 0 46,000
21VIANET GROUP INC SPONSORED ADR 90138A103 604,290 72,025 SH DFND 0 0 72,025
AAON INC COM PAR $0.004 000360206 5,379 65 SH DFND 0 0 65
AAR CORP COM 000361105 9,085 83 SH DFND 1 83 0 0
ABBVIE INC COM 00287Y109 2,961,344 13,616 SH DFND 13,616 0 0
ABBVIE INC COM 00287Y109 6,960 32 SH DFND 1 32 0 0
ACUITY BRANDS INC COM 00508Y102 4,764 17 SH DFND 0 0 17
ADOBE SYSTEMS INCORPORATED COM 00724F101 5,834 24 SH DFND 1 24 0 0
ADVANCED DRAIN SYS INC DEL COM 00790R104 5,485 40 SH DFND 0 0 40
ADVANCED MICRO DEVICES INC COM 007903107 4,835,328 23,769 SH DFND 1,480 0 22,289
AES CORP COM 00130H105 12,399 880 SH DFND 1 880 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 463,310 413,373 SH DFND 0 0 413,373
AGREE REALTY CORP COM 008492100 9,121 121 SH DFND 0 0 121
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 501,840 4,000 SH DFND 0 0 4,000
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 8,908 71 SH DFND 1 71 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 48,307 146 SH DFND 0 0 146
ALPHABET INC CAP STK CL A 02079K305 39,158,483 136,175 SH DFND 0 0 136,175
ALPHABET INC CAP STK CL A 02079K305 43,134 150 SH DFND 1 150 0 0
ALPHABET INC CAP STK CL C 02079K107 688,464 2,400 SH DFND 0 0 2,400
AMAZON COM INC COM 023135106 58,969,776 283,141 SH DFND 10,103 0 273,038
AMAZON COM INC COM 023135106 44,986 216 SH DFND 1 216 0 0
AMERICA MOVIL SAB DE CV SPONSORED ADR 02390A101 84,582,803 3,336,036 SH DFND 1 3,336,036 0 0
AMERICAN BITCOIN CORP. COM CL A 02462A104 203,678 220,335 SH DFND 0 0 220,335
AMERICAN CENTY ETF TR US SML CP VALU 025072877 470,713 4,261 SH DFND 0 0 4,261
AMERICAN WTR WKS CO INC NEW COM 030420103 25,449 187 SH DFND 0 0 187
AMGEN INC COM 031162100 68,963 196 SH DFND 0 0 196
AMPHENOL CORP NEW CL A 032095101 404,320 3,200 SH DFND 0 0 3,200
APPLE INC COM 037833100 20,431,618 80,506 SH DFND 0 0 80,506
APPLE INC COM 037833100 11,674 46 SH DFND 1 46 0 0
APPLIED DIGITAL CORP COM NEW 038169207 115,281 4,856 SH DFND 0 0 4,856
APPLOVIN CORP COM CL A 03831W108 835,800 2,100 SH DFND 0 0 2,100
APPLOVIN CORP COM CL A 03831W108 5,174 13 SH DFND 1 13 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 129,025 1,775 SH DFND 0 0 1,775
ARES MANAGEMENT CORPORATION COM 03990B101 218,200 2,000 SH DFND 0 0 2,000
ARISTA NETWORKS INC COM 040413205 7,735 63 SH DFND 1 63 0 0
ARMADA HOFFLER PPTYS INC COM 04208T108 32,604 5,928 SH DFND 0 0 5,928
ARMSTRONG WORLD INDS INC NEW COM 04247X102 5,274 32 SH DFND 0 0 32
ASML HOLDING N V N Y REGISTRY SHS N07059210 4,202,881 3,182 SH DFND 0 0 3,182
ASTERA LABS INC COM 04626A103 767,200 7,000 SH DFND 0 0 7,000
ASTRAZENECA PLC SPONSORED ADR 046353108 35,500 180 SH DFND 0 0 180
AT&T INC COM 00206R102 127,121 4,385 SH DFND 0 0 4,385
ATLAS ENERGY SOLUTIONS INC COM NEW 642045108 11,913 908 SH DFND 1 908 0 0
AUTOZONE INC COM 053332102 3,378 1 SH DFND 1 1 0 0
AVIS BUDGET GROUP COM 053774105 9,043 62 SH DFND 0 0 62
AXON ENTERPRISE INC COM 05464C101 891,849 2,100 SH DFND 0 0 2,100
BAKER HUGHES A GE CO CL A 05722G100 176,373 2,889 SH DFND 2,889 0 0
BAKKT INC COM CL A NEW 05759B305 40,318 5,478 SH DFND 0 0 5,478
BALL CORP COM 058498106 8,689 147 SH DFND 0 0 147
BANCO BBVA ARGENTINA S A SPONSORED ADS 058934100 481,800 30,000 SH DFND 0 0 30,000
BANCO BBVA ARGENTINA S A SPONSORED ADS 058934100 19,324,388 1,203,262 SH DFND 1 1,203,262 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 45,515,011 12,469,866 SH DFND 0 0 12,469,866
BANCO BRADESCO S A SP ADR PFD NEW 059460303 133,543,663 36,587,305 SH DFND 1 36,587,305 0 0
BANCO DE CHILE SPONSORED ADS 059520106 742,893 20,160 SH DFND 0 0 20,160
BANCO DE CHILE SPONSORED ADS 059520106 13,114,906 355,901 SH DFND 1 335,741 0 20,160
BANCO MACRO SA SPON ADR B 05961W105 16,990,220 219,597 SH DFND 1 219,597 0 0
BANCO SANTANDER BRASIL S A ADS REP 1 UNIT 05967A107 360,896 61,639 SH DFND 1 61,639 0 0
BANK AMER CORP COM 060505104 96,525 1,980 SH DFND 0 0 1,980
BANK NEW YORK MELLON CORP COM 064058100 126,341 1,065 SH DFND 0 0 1,065
BARCLAYS PLC ADR 06738E204 18,303 865 SH DFND 1 865 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,271 11 SH DFND 1 11 0 0
BEST BUY INC CALL 086516901 601,753 2,820 SH Call DFND 0 0 2,820
BEST BUY INC COM 086516101 6,567,403 102,296 SH DFND 102,296 0 0
BIO RAD LABS INC CL A 090572207 56,865 204 SH DFND 0 0 204
BIO TECHNE CORP COM 09073M104 54,559 1,044 SH DFND 0 0 1,044
BIOGEN INC COM 09062X103 63,982 349 SH DFND 0 0 349
BITCOIN DEPOT INC COM 09174P303 7,706 3,535 SH DFND 0 0 3,535
BITFARMS LTD COM 09173B107 17,209 8,825 SH DFND 0 0 8,825
BJS WHSL CLUB HLDGS INC COM 05550J101 6,496 66 SH DFND 1 66 0 0
BLACKROCK INC COM 09290D101 4,359,431 4,533 SH DFND 0 0 4,533
BOEING CO COM 097023105 6,170 31 SH DFND 0 0 31
BOOKING HOLDINGS INC COM 09857L108 1,136,786 270 SH DFND 0 0 270
BORGWARNER INC COM 099724106 10,526 194 SH DFND 0 0 194
BOSTON PROPERTIES INC COM 101121101 9,031 174 SH DFND 0 0 174
BRAZE INC COM CL A 10576N102 785,292 33,261 SH DFND 0 0 33,261
BRISTOL MYERS SQUIBB CO COM 110122108 73,872 1,218 SH DFND 0 0 1,218
BRIXMOR PPTY GROUP INC COM 11120U105 44,381 1,541 SH DFND 0 0 1,541
BROADCOM INC COM 11135F101 25,531,480 82,490 SH DFND 0 0 82,490
BROADCOM INC COM 11135F101 17,642 57 SH DFND 1 57 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105 15,024 338 SH DFND 1 338 0 0
BROOKFIELD RENEWABLE CORP CL A EX SUB VTG 11285B108 5,855 147 SH DFND 0 0 147
BTCS INC COM NEW 05581M404 5,162 3,714 SH DFND 0 0 3,714
BUILDERS FIRSTSOURCE INC COM 12008R107 11,773 143 SH DFND 1 143 0 0
CADENCE DESIGN SYSTEM INC COM 127387108 1,667,220 6,000 SH DFND 0 0 6,000
CAMDEN PPTY TR SH BEN INT 133131102 32,423 332 SH DFND 0 0 332
CANAAN INC SPONSORED ADS 134748102 101,629 235,362 SH DFND 0 0 235,362
CAPITAL ONE FINL CORP COM 14040H105 978,007 5,361 SH DFND 0 0 5,361
CARLISLE COS INC COM 142339100 6,339 19 SH DFND 0 0 19
CATERPILLAR INC DEL COM 149123101 3,586,225 5,062 SH DFND 0 0 5,062
CEMEX SAB DE CV SPON ADR NEW 151290889 1,949,565 173,610 SH DFND 0 0 173,610
CEMEX SAB DE CV SPON ADR NEW 151290889 143,412,793 12,770,997 SH DFND 1 12,597,387 0 173,610
CHIPOTLE MEXICAN GRILL INC COM 169656105 17,125 535 SH DFND 1 535 0 0
CHIRON REAL ESTATE INC COM NEW 37954A303 56,104 1,696 SH DFND 0 0 1,696
CIPHER DIGITAL INC COM 17253J106 211,454 16,430 SH DFND 0 0 16,430
CIRCLE INTERNET GROUP INC COM CL A 172573107 64,783 679 SH DFND 0 0 679
CISCO SYS INC COM 17275R102 111,730 1,440 SH DFND 0 0 1,440
CITIGROUP INC COM NEW 172967424 2,087,992 18,411 SH DFND 0 0 18,411
CLEAN HARBORS INC COM 184496107 13,763 48 SH DFND 0 0 48
CLEARWAY ENERGY INC CL A 18539C105 7,011 179 SH DFND 0 0 179
CLEARWAY ENERGY INC CL C 18539C204 6,601 168 SH DFND 0 0 168
CME GROUP INC COM CL A 12572Q105 122,275 414 SH DFND 0 0 414
COCA COLA CO COM 191216100 2,457,936 32,320 SH DFND 32,320 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 14,507,011 148,913 SH DFND 1 148,913 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 118,344 1,929 SH DFND 0 0 1,929
COINBASE GLOBAL INC COM CL A 19260Q107 101,448 581 SH DFND 0 0 581
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 19,171,710 633,193 SH DFND 1 633,193 0 0
COMPANHIA PARANAENSE DE ENER SPONSORED ADS 20441B704 10,900,884 1,837,936 SH DFND 1 1,837,936 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 26,394,366 742,914 SH DFND 1 742,914 0 0
CONSTELLATION ENERGY CORP COM 21037T109 617,143 2,210 SH DFND 0 0 2,210
CONSTELLATION ENERGY CORP COM 21037T109 12,566 45 SH DFND 1 45 0 0
CORE & MAIN INC CL A 21874C102 6,224 126 SH DFND 0 0 126
COREWEAVE INC COM CL A 21873S108 2,223,002 28,695 SH DFND 0 0 28,695
COSTAR GROUP INC CALL 22160N909 49,471 364 SH Call DFND 0 0 364
COSTAR GROUP INC COM 22160N109 2,119,423 52,539 SH DFND 52,539 0 0
COSTCO WHSL CORP NEW COM 22160K105 3,986 4 SH DFND 1 4 0 0
COUPANG INC CL A 22266T109 3,587 190 SH DFND 1 190 0 0
COUSINS PPTYS INC COM 222795502 7,335 325 SH DFND 0 0 325
CSX CORP COM 126408103 1,955,458 47,636 SH DFND 46,916 0 720
CTO RLTY GROWTH INC NEW COM 22948Q101 104,598 5,657 SH DFND 0 0 5,657
CUBESMART COM 229663109 65,970 1,800 SH DFND 0 0 1,800
DANAHER CORP DEL COM 235851102 53,088 280 SH DFND 0 0 280
DANAHER CORP DEL COM 235851102 16,874 89 SH DFND 1 89 0 0
DARLING INGREDIENTS INC COM 237266101 14,287 231 SH DFND 0 0 231
DBX ETF TR XTRACK RUSS 2000 233051440 6,590,016 201,900 SH DFND 0 0 201,900
DISNEY WALT CO COM DISNEY 254687106 680,828 7,064 SH DFND 567 0 6,497
DOCUSIGN INC COM 256163106 46,794 987 SH DFND 0 0 987
EATON CORP PLC SHS G29183103 4,092,460 11,442 SH DFND 0 0 11,442
EBAY INC COM 278642103 61,894 680 SH DFND 0 0 680
ECHOSTAR CORP CL A 278768106 25,638 219 SH DFND 1 219 0 0
ELECTRONIC ARTS INC COM 285512109 57,084 280 SH DFND 0 0 280
EMBRAER S A SP ADR REP 4 COM 29082A107 474,720 8,000 SH DFND 0 0 8,000
EMBRAER S A SP ADR REP 4 COM 29082A107 66,710,799 1,124,213 SH DFND 1 1,124,213 0 0
EMPIRE ST RLTY TR INC CL A 292104106 35,896 6,903 SH DFND 0 0 6,903
ENERGY FUELS INC COM NEW 292671708 5,877 322 SH DFND 1 322 0 0
ENPHASE ENERGY INC COM 29355A107 20,417 540 SH DFND 250 0 290
EQT CORP COM 26884L109 8,719 137 SH DFND 1 137 0 0
EQUINIX INC COM PAR $0.001 29444U700 113,708 116 SH DFND 0 0 116
ESSENTIAL UTILS INC COM 29670G102 6,886 171 SH DFND 0 0 171
ETFIS SER TR I REAVES UTILS ETF 26923G806 10,063,165 125,947 SH DFND 1 125,947 0 0
EVE HLDG INC COM 29970N104 742,725 299,486 SH DFND 0 0 299,486
FACEBOOK INC CL A 30303M102 52,471,187 91,712 SH DFND 19,772 0 71,940
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101 21,136 199 SH DFND 0 0 199
FERMI INC COM 314911108 6,301 1,079 SH DFND 1 1,079 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 157,294 2,719 SH DFND 0 0 2,719
FIRST SOLAR INC COM 336433107 32,745 166 SH DFND 0 0 166
FOLD HLDGS INC COM CL A 29103K100 2,128 1,612 SH DFND 0 0 1,612
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 2,885,259 26,106 SH DFND 0 0 26,106
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 150,374,659 1,360,599 SH DFND 1 1,334,493 0 26,106
FORGENT POWER SOLUTIONS INC COM SHS CL A 34631F102 49,759 1,700 SH DFND 0 0 1,700
FOX CORP CL A COM 35137L105 48,122 824 SH DFND 0 0 824
FRONTVIEW REIT INC COM 35922N100 57,456 3,714 SH DFND 0 0 3,714
GALAXY DIGITAL INC. CL A 36317J209 40,332 2,186 SH DFND 0 0 2,186
GDS HLDGS LTD SPONSORED ADR 36165L108 1,893,590 46,999 SH DFND 0 0 46,999
GE VERNOVA INC COM 36828A101 3,082,210 3,531 SH DFND 0 0 3,531
GERDAU SA SPON ADR REP PFD 373737105 22,171,337 6,208,632 SH DFND 1 6,208,632 0 0
GILEAD SCIENCES INC COM 375558103 72,333 519 SH DFND 0 0 519
GLOBAL X FDS GLOBAL X URANIUM 37954Y871 262,491 5,420 SH DFND 0 0 5,420
GLOBAL X FDS LITHIUM BTRY ETF 37954Y855 120,670 1,623 SH DFND 0 0 1,623
GLOBANT S A COM L44385109 701,748 15,219 SH DFND 0 0 15,219
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 595,149 13,109 SH DFND 1 13,109 0 0
GREENIDGE GENERATION HLDGS I CLASS A COM 39531G308 2,675 2,432 SH DFND 0 0 2,432
GRUPO AEROPUERTO DEL PACIFIC SPON ADR B 400506101 488,062 1,977 SH DFND 1 1,977 0 0
GRUPO CIBEST AS SPON ADS 40090E106 22,225,234 310,619 SH DFND 1 310,619 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 1,401,300 30,000 SH DFND 30,000 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 24,309,799 520,441 SH DFND 1 520,441 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 37,587 12,882 SH DFND 1 12,882 0 0
GUARDANT HEALTH INC COM 40131M109 55,791 604 SH DFND 0 0 604
HCA HEALTHCARE INC COM 40412C101 2,294,741 4,849 SH DFND 0 0 4,849
HDFC BANK LTD ADR REPS 3 SHS 40415F101 1,916 77 SH DFND 1 77 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 133,026 5,587 SH DFND 0 0 5,587
HEXCEL CORP NEW COM 428291108 8,902 110 SH DFND 0 0 110
HIGHWOODS PPTYS INC COM 431284108 6,444 301 SH DFND 0 0 301
HIVE DIGITAL TECHNOLOGIES LT COM NEW 433921103 2,024 1,065 SH DFND 0 0 1,065
HOME DEPOT INC COM 437076102 8,222 25 SH DFND 1 25 0 0
HONEYWELL INTL INC COM 438516106 116,858 517 SH DFND 0 0 517
HUT 8 CORP COM 44812J104 65,439 1,395 SH DFND 0 0 1,395
ILLUMINA INC COM 452327109 61,014 495 SH DFND 0 0 495
INTEL CORP CALL 458140900 311,251 500 SH Call DFND 0 0 500
INTERCONTINENTAL EXCHANGE IN COM 45866F104 5,380,234 34,208 SH DFND 0 0 34,208
INTERNATIONAL BUSINESS MACHS COM 459200101 123,377 509 SH DFND 0 0 509
INTUIT COM 461202103 122,364 283 SH DFND 0 0 283
INTUITIVE SURGICAL INC COM NEW 46120E602 51,170 111 SH DFND 0 0 111
INVENTRUST PPTYS CORP COM NEW 46124J201 123,058 4,040 SH DFND 0 0 4,040
INVESCO ACTIVELY MANAGD ETF OPTIMUM YIELD 46090F100 679,897 39,255 SH DFND 1 39,255 0 0
INVESCO DB MLTI SECTR CMMTY AGRICULTURE FD 46140H106 5,136,160 188,000 SH DFND 188,000 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 32,308,772 168,345 SH DFND 0 0 168,345
INVESCO QQQ TR UNIT SER 1 46090E103 30,385,641 52,645 SH DFND 0 0 52,645
ISHARES GOLD TR ISHARES NEW 464285204 1,139,292 12,923 SH DFND 1 12,923 0 0
ISHARES INC CALL 464286900 3,977,589 1,500 SH Call DFND 0 0 1,500
ISHARES INC MSCI BRAZIL ETF 464286400 40,014,243 1,042,309 SH DFND 0 0 1,042,309
ISHARES INC MSCI JPN ETF NEW 46434G822 95,886,602 1,135,559 SH DFND 1 1,135,559 0 0
ISHARES INC MSCI CHILE ETF 464286640 3,723,882 93,659 SH DFND 1 93,659 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 306,903 4,504 SH DFND 0 0 4,504
ISHARES TR MSCI EAFE ETF 464287465 485,650 5,000 SH DFND 0 0 5,000
ISHARES TR MSCI EMG MKT ETF 464287234 2,386,145 42,017 SH DFND 1 42,017 0 0
ISHARES TR MSCI CHINA ETF 46429B671 516,856 9,200 SH DFND 0 0 9,200
ISHARES TR IBOXX INV CP ETF 464287242 9,327,473 85,581 SH DFND 0 0 85,581
ISHARES TR 20 YR TR BD ETF 464287432 10,402,800 120,000 SH DFND 0 0 120,000
ISHARES TR 10-20 YR TRS ETF 464288653 1,899,176 18,856 SH DFND 1 18,856 0 0
ISHARES TR US TREAS BD ETF 46429B267 66,423,604 2,899,328 SH DFND 1 2,899,328 0 0
ISHARES TR TIPS BD ETF 464287176 1,356,876 12,295 SH DFND 1 12,295 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 562,422 1,319 SH DFND 0 0 1,319
ISHARES TR RUS 1000 GRW ETF 464287614 22,749,293 53,352 SH DFND 1 53,352 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 12,476,033 110,300 SH DFND 0 0 110,300
ISHARES TR INTL TREA BD ETF 464288117 111,915,189 2,725,650 SH DFND 1 2,725,650 0 0
ISHARES TR U.S. REAL ES ETF 464287739 753,170 7,965 SH DFND 0 0 7,965
ISHARES TR MIN VOL USA ETF 46429B697 4,445,028 47,930 SH DFND 0 0 47,930
ISHARES TR CORE S&P500 ETF 464287200 3,291,525 5,039 SH DFND 1 5,039 0 0
ISHARES TR MSCI ACWI EX US 464288240 32,434,239 473,700 SH DFND 0 0 473,700
ISHARES TR CALIF MUN BD ETF 464288356 370,159 6,510 SH DFND 1 6,510 0 0
ISHARES TR EAFE GRWTH ETF 464288885 689,158 6,188 SH DFND 0 0 6,188
ISHARES TR EAFE GRWTH ETF 464288885 22,612,119 203,036 SH DFND 1 203,036 0 0
ISHARES TR NATIONAL MUN ETF 464288414 704,836 6,640 SH DFND 1 6,640 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 166,007,059 20,012,082 SH DFND 1 20,012,082 0 0
JFROG LTD ORD SHS M6191J100 93,860 2,000 SH DFND 2,000 0 0
JOHNSON & JOHNSON COM 478160104 785,630 3,214 SH DFND 2,902 0 312
JPMORGAN CHASE & CO COM 46625H100 125,900 428 SH DFND 0 0 428
JPMORGAN CHASE & CO COM 46625H100 16,473 56 SH DFND 1 56 0 0
KARMAN HLDGS INC COMMON STOCK 485924104 280,175 3,500 SH DFND 0 0 3,500
KASPI KZ JSC SPONSORED ADS 48581R205 7,492,921 101,160 SH DFND 0 0 101,160
KENVUE INC COM 49177J102 3,527,304 204,600 SH DFND 0 0 204,600
KILROY RLTY CORP COM 49427F108 5,501 195 SH DFND 0 0 195
KOSMOS ENERGY LTD COM 500688106 580,595 208,847 SH DFND 1 208,847 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 2,126,564 74,800 SH DFND 0 0 74,800
KROGER CO COM 501044101 124,749 1,724 SH DFND 0 0 1,724
L3HARRIS TECHNOLOGIES INC COM 502431109 9,664 28 SH DFND 1 28 0 0
LAM RESEARCH CORP COM NEW 512807306 470,052 2,200 SH DFND 0 0 2,200
LATAM AIRLINES GROUP SA SPONSORED ADR 51817R205 42,025,189 863,692 SH DFND 1 863,692 0 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755 12,838 151 SH DFND 1 151 0 0
LILLY ELI & CO COM 532457108 4,288,888 4,663 SH DFND 0 0 4,663
LOCKHEED MARTIN CORP COM 539830109 124,504 206 SH DFND 0 0 206
LOMA NEGRA CORP SPONSORED ADS 54150E104 2,582,029 232,825 SH DFND 0 0 232,825
LOUISIANA PAC CORP COM 546347105 5,384 74 SH DFND 0 0 74
LUCID GROUP INC COM NEW 549498202 5,851 614 SH DFND 0 0 614
MADISON SQUARE GARDEN CO NEW CL A 55825T103 2,892,600 9,000 SH DFND 0 0 9,000
MARA HOLDINGS INC COM 565788106 38,621 4,733 SH DFND 0 0 4,733
MARVELL TECHNOLOGY INC COM 573874104 1,584,800 16,000 SH DFND 0 0 16,000
MASCO CORP COM 574599106 5,675 94 SH DFND 0 0 94
MASTERCARD INCORPORATED CL A 57636Q104 12,836,265 25,690 SH DFND 21,734 0 3,956
MERCADOLIBRE INC COM 58733R102 52,489 31 SH DFND 0 0 31
MERCADOLIBRE INC COM 58733R102 78,843,008 46,565 SH DFND 1 46,565 0 0
MERCK & CO INC COM 58933Y105 76,504 636 SH DFND 0 0 636
MICRON TECHNOLOGY INC COM 595112103 28,806,603 85,267 SH DFND 0 0 85,267
MICROSOFT CORP COM 594918104 27,585,068 74,520 SH DFND 0 0 74,520
MICROSOFT CORP COM 594918104 35,906 97 SH DFND 1 97 0 0
MICROSTRATEGY INC CL A NEW 594972408 8,237 66 SH DFND 1 66 0 0
MODERNA INC COM 60770K107 114,300 2,250 SH DFND 0 0 2,250
MODINE MFG CO COM 607828100 9,752 45 SH DFND 1 45 0 0
MSCI INC COM 55354G100 646,812 1,200 SH DFND 0 0 1,200
NATERA INC COM 632307104 979,951 4,900 SH DFND 0 0 4,900
NETEASE INC SPONSORED ADR 64110W102 15,488,130 138,361 SH DFND 0 0 138,361
NETFLIX INC COM 64110L106 20,528,698 213,507 SH DFND 440 0 213,067
NETFLIX INC COM 64110L106 6,154 64 SH DFND 1 64 0 0
NEWMONT MINING CORP COM 651639106 3,188,829 29,458 SH DFND 29,458 0 0
NEXPOINT RESIDENTIAL TR INC COM 65341D102 45,300 1,812 SH DFND 0 0 1,812
NEXTERA ENERGY INC CALL 65339F901 43,270 200 SH Call DFND 0 0 200
NEXTERA ENERGY INC COM 65339F101 3,336,435 35,922 SH DFND 19,897 0 16,025
NIKE INC CL B 654106103 1,479 28 SH DFND 28 0 0
NORFOLK SOUTHERN CORP COM 655844108 22,960 80 SH DFND 0 0 80
NU HLDGS LTD ORD SHS CL A G6683N103 1,145,893 79,742 SH DFND 0 0 79,742
NUTANIX INC CL A 67059N108 43,407 1,142 SH DFND 0 0 1,142
NVIDIA CORP COM 67066G104 71,242,051 408,498 SH DFND 94 0 408,404
NVIDIA CORP COM 67066G104 65,051 373 SH DFND 1 373 0 0
OKLO INC COM CL A 02156V109 247,950 5,000 SH DFND 5,000 0 0
OLLIES BARGAIN OUTLT HLDGS I COM 681116109 5,706 62 SH DFND 1 62 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 20,858 476 SH DFND 0 0 476
ORACLE CORP COM 68389X105 268,329 1,824 SH DFND 0 0 1,824
ORACLE CORP COM 68389X105 10,739 73 SH DFND 1 73 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108 19,266,831 131,712 SH DFND 0 0 131,712
PAMPA ENERGIA S A SPONS ADR LVL I 697660207 15,655,916 176,903 SH DFND 0 0 176,903
PARAMOUNT SKYDANCE CORP COM CL B 69932A204 35,313 3,915 SH DFND 0 0 3,915
PAYPAL HLDGS INC COM 70450Y103 27,636 611 SH DFND 0 0 611
PEABODY ENERGY CORP NEW COM 704551100 329,500 10,000 SH DFND 10,000 0 0
PENUMBRA INC COM 70975L107 69,943 213 SH DFND 0 0 213
PERKINELMER INC COM 714046109 55,282 631 SH DFND 0 0 631
PETROLEO BRASILEIRO SA PETRO CALL 71654V908 6,530,417 8,000 SH Call DFND 0 0 8,000
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 115,036,800 6,135,296 SH DFND 1 6,135,296 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 287,992,259 13,879,145 SH DFND 13,879,145 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 143,107,044 6,896,725 SH DFND 1 6,896,725 0 0
PFIZER INC COM 717081103 68,571 2,442 SH DFND 0 0 2,442
PHREESIA INC COM 71944F106 559,650 66,784 SH DFND 0 0 66,784
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 24,559 3,738 SH DFND 0 0 3,738
PINDUODUO INC SPONSORED ADS 722304102 22,421,051 219,427 SH DFND 219,427 0 0
PROGRESSIVE CORP OHIO COM 743315103 5,947 30 SH DFND 1 30 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 2,460,475 30,395 SH DFND 30,395 0 0
QXO INC COM NEW 82846H405 640,860 33,000 SH DFND 0 0 33,000
REGENERON PHARMACEUTICALS COM 75886F107 68,765 89 SH DFND 0 0 89
REPLIGEN CORP COM 759916109 46,068 391 SH DFND 0 0 391
REPUBLIC SVCS INC COM 760759100 42,490 194 SH DFND 0 0 194
RIDGEBIO PHARMA INC COM COM 10806X102 62,972 848 SH DFND 0 0 848
RIOT BLOCKCHAIN INC COM 767292105 5,080 411 SH DFND 0 0 411
RIVIAN AUTOMOTIVE INC COM CL A 76954A103 17,488 1,162 SH DFND 0 0 1,162
ROBINHOOD MKTS INC COM CL A 770700102 31,046 448 SH DFND 0 0 448
ROBLOX CORP CL A 771049103 1,385,663 24,499 SH DFND 1,915 0 22,584
ROCKET COS INC COM CL A 77311W101 1,959,375 137,500 SH DFND 0 0 137,500
ROCKET LAB CORP COM 773121108 4,501,822 70,100 SH DFND 0 0 70,100
ROKU INC COM CL A 77543R102 53,082 561 SH DFND 0 0 561
ROUNDHILL ETF TRUST META WEEKLYPAY E 77926X742 195,143 12,250 SH DFND 0 0 12,250
S&P GLOBAL INC COM 78409V104 15,950,250 37,500 SH DFND 0 0 37,500
SALESFORCE COM INC COM 79466L302 115,175 617 SH DFND 0 0 617
SALESFORCE COM INC COM 79466L302 9,520 51 SH DFND 1 51 0 0
SCHWAB CHARLES CORP NEW COM 808513105 318,028 3,384 SH DFND 0 0 3,384
SEA LTD ADR 81141R100 1,153,212 13,926 SH DFND 0 0 13,926
SEA LTD ADR 81141R100 8,612 104 SH DFND 1 104 0 0
SELECT SECTOR SPDR TR CALL 81369Y905 636,047 500 SH Call DFND 0 0 500
SELECT SECTOR SPDR TR ENERGY 81369Y506 2,141,037 34,950 SH DFND 0 0 34,950
SELECT SECTOR SPDR TR ENERGY 81369Y506 66,651 1,088 SH DFND 1 1,088 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 11,746,407 237,926 SH DFND 0 0 237,926
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 11,370,525 85,557 SH DFND 0 0 85,557
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 11,427,425 104,858 SH DFND 0 0 104,858
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 824,005 16,490 SH DFND 0 0 16,490
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 26,812,267 241,857 SH DFND 0 0 241,857
SHARPLINK INC COM NEW 820014405 18,924 2,934 SH DFND 0 0 2,934
SHOPIFY INC CL A 82509L107 66,427 560 SH DFND 0 0 560
SIGMA LITHIUM CORPORATION COM 826599102 3,779,335 306,267 SH DFND 0 0 306,267
SILA REALTY TRUST INC COMMON STOCK 146280508 91,642 3,870 SH DFND 0 0 3,870
SIRIUSXM HOLDINGS INC COMMON STOCK 829933100 60,585 2,625 SH DFND 0 0 2,625
SK TELECOM LTD SPONSORED ADR 78440P306 127,880 4,366 SH DFND 0 0 4,366
SL GREEN RLTY CORP COM 78440X887 28,001 758 SH DFND 0 0 758
SNAP INC CL A 83304A106 32,674 7,103 SH DFND 0 0 7,103
SOLARIS OILFIELD INFRSTR INC COM CL A 83418M103 7,177 127 SH DFND 1 127 0 0
SONIDA SENIOR LIVING INC COM 140475203 79,109 2,453 SH DFND 0 0 2,453
SONY CORP SPONSORED ADR 835699307 1,653,475 79,878 SH DFND 0 0 79,878
SPDR GOLD TR GOLD SHS 78463V107 109,295,381 254,004 SH DFND 0 0 254,004
SPDR GOLD TRUST CALL 78463V907 116,930,586 4,450 SH Call DFND 0 0 4,450
SPDR INDEX SHS FDS ASIA PACIF ETF 78463X301 544,552 4,000 SH DFND 0 0 4,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 7,111,468 10,935 SH DFND 0 0 10,935
SPDR S&P 500 ETF TR TR UNIT 78462F103 374,202,384 575,395 SH DFND 1 575,395 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 5,273,070 29,000 SH DFND 0 0 29,000
SPDR SER TR SPDR BLOOMBERG 78468R663 935,278 10,206 SH DFND 0 0 10,206
SPDR SER TR SPDR BLOOMBERG 78468R663 106,119 1,158 SH DFND 1 1,158 0 0
SPDR SERIES TRUST S&P METALS MNG 78464A755 1,512,140 14,000 SH DFND 0 0 14,000
SQUARE INC CL A 852234103 41,765 694 SH DFND 0 0 694
STEEL DYNAMICS INC COM 858119100 32,580 181 SH DFND 0 0 181
STONECO LTD COM CL A G85158106 2,124,834 150,484 SH DFND 0 0 150,484
SUN CMNTYS INC COM 866674104 93,966 746 SH DFND 0 0 746
SUZANO S A SPON COM 86959K105 8,251,967 828,449 SH DFND 1 828,449 0 0
SYNOPSYS INC COM 871607107 1,585,920 4,000 SH DFND 0 0 4,000
T STAMP INC CL A NEW 873048508 488 204 SH DFND 0 0 204
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 23,130,312 68,443 SH DFND 0 0 68,443
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 613,379 1,815 SH DFND 1 1,815 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 3,403,123 17,231 SH DFND 0 0 17,231
TALEN ENERGY CORP COM 87422Q109 14,685 46 SH DFND 1 46 0 0
TERADYNE INC COM 880770102 6,640,704 22,400 SH DFND 0 0 22,400
TERAWULF INC COM 88080T104 8,773 608 SH DFND 0 0 608
TERAWULF INC COM 88080T104 1,962 136 SH DFND 1 136 0 0
TESLA INC COM 88160R101 4,716,392 12,687 SH DFND 0 0 12,687
TESLA INC COM 88160R101 6,320 17 SH DFND 1 17 0 0
TETRA TECH INC NEW COM 88162G103 5,301 176 SH DFND 0 0 176
TEXAS INSTRS INC COM 882508104 974,195 5,018 SH DFND 0 0 5,018
TFS FINL CORP COM 87240R107 29,112 2,072 SH DFND 1 2,072 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 54,560 111 SH DFND 0 0 111
THERMO FISHER SCIENTIFIC INC COM 883556102 15,237 31 SH DFND 1 31 0 0
TKO GROUP HOLDINGS INC CL A 87256C101 2,823,100 14,000 SH DFND 0 0 14,000
TOPBUILD CORP COM 89055F103 4,918 14 SH DFND 0 0 14
TRANSDIGM GROUP INC COM 893641100 2,318 2 SH DFND 1 2 0 0
TRANSPORTADORA DE GAS SUR SPON ADR B 893870204 3,296,049 95,234 SH DFND 0 0 95,234
TREX CO INC COM 89531P105 6,374 175 SH DFND 0 0 175
TRIPADVISOR INC COM 896945201 106,600 10,000 SH DFND 0 0 10,000
UMH PPTYS INC COM 903002103 27,677 1,918 SH DFND 0 0 1,918
UNION PAC CORP COM 907818108 56,530 233 SH DFND 0 0 233
UNION PAC CORP COM 907818108 14,072 58 SH DFND 1 58 0 0
UNITY SOFTWARE INC COM 91332U101 25,516 1,163 SH DFND 0 0 1,163
VALE S A SPONSORED ADS 91912E105 87,960,153 5,528,608 SH DFND 0 0 5,528,608
VALE S A SPONSORED ADS 91912E105 196,422,283 12,345,838 SH DFND 1 12,345,838 0 0
VANECK VECTORS ETF TR SEMICONDUCTOR ET 92189F676 6,934,172 18,086 SH DFND 0 0 18,086
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 275,310 3,000 SH DFND 0 0 3,000
VANECK VECTORS ETF TR URANIUM NUCLEAR 92189F601 11,316,355 84,964 SH DFND 1 84,964 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 278,644,138 466,311 SH DFND 0 0 466,311
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 3,285,330 5,498 SH DFND 1 5,498 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 516,342 6,264 SH DFND 0 0 6,264
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 125,151,656 1,518,278 SH DFND 1 1,518,278 0 0
VENTAS INC COM 92276F100 20,118 246 SH DFND 0 0 246
VERIZON COMMUNICATIONS INC COM 92343V104 125,952 2,509 SH DFND 0 0 2,509
VERTEX PHARMACEUTICALS INC COM 92532F100 63,409 142 SH DFND 0 0 142
VERTIV HOLDINGS CO COM CL A 92537N108 7,698,068 30,721 SH DFND 0 0 30,721
VESTA REAL ESTATE CORPORATIO ADS 92540K109 3,472,670 104,117 SH DFND 0 0 104,117
VESTA REAL ESTATE CORPORATIO ADS 92540K109 19,580,290 587,053 SH DFND 1 482,936 0 104,117
VICI PPTYS INC COM 925652109 2,104 77 SH DFND 1 77 0 0
VISA INC COM CL A 92826C839 31,064,227 102,780 SH DFND 92,414 0 10,366
VISTA ENERGY S.A.B. DE C.V. SPONSORED ADS 92837L109 1,377,931 18,258 SH DFND 0 0 18,258
VISTA ENERGY S.A.B. DE C.V. SPONSORED ADS 92837L109 615,081 8,150 SH DFND 1 8,150 0 0
VISTRA ENERGY CORP COM 92840M102 3,300,645 21,956 SH DFND 0 0 21,956
VISTRA ENERGY CORP COM 92840M102 12,026 80 SH DFND 1 80 0 0
VORNADO RLTY TR SH BEN INT 929042109 6,342 244 SH DFND 0 0 244
VSE CORP COM 918284100 9,773 53 SH DFND 1 53 0 0
WABTEC CORP COM 929740108 19,743 79 SH DFND 0 0 79
WALMART INC COM 931142103 126,393 1,017 SH DFND 0 0 1,017
WARNER BROS DISCOVERY INC COM SER A 934423104 57,529 2,095 SH DFND 0 0 2,095
WARNER MUSIC GROUP CORP COM CL A 934550203 52,485 2,055 SH DFND 0 0 2,055
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 20,299 10,099 SH DFND 0 0 10,099
WASTE MGMT INC DEL COM 94106L109 82,495 359 SH DFND 0 0 359
WATERS CORP COM 941848103 47,648 160 SH DFND 0 0 160
WELLS FARGO CO NEW COM 949746101 13,056 164 SH DFND 1 164 0 0
WEYERHAEUSER CO COM 962166104 24,308 995 SH DFND 0 0 995
WHITESTONE REIT COM 966084204 40,407 2,502 SH DFND 0 0 2,502
WILLIAMS COS INC DEL COM 969457100 5,511,193 75,724 SH DFND 0 0 75,724
WISDOMTREE TR INDIA ERNGS FD 97717W422 1,214,616 29,770 SH DFND 0 0 29,770
XYLEM INC COM 98419M100 11,592 97 SH DFND 0 0 97
ZETA GLOBAL HOLDINGS CORP CL A 98956A105 2,118,602 133,078 SH DFND 0 0 133,078
ZOOM VIDEO COMMUNICATIONS IN CL A 98980L101 167,050 2,078 SH DFND 0 0 2,078