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

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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 SPONSORED ADS 881624209 38,177,407 1,126,842 SH SOLE 1,126,842 0 0
ELI LILLY & CO COM COM 532457108 3,657,062 3,049 SH SOLE 3,049 0 0
TOWER SEMICONDUCTOR LTD SHS M87915274 31,066,985 119,195 SH SOLE 119,195 0 0
NICE LTD SPONSORED ADR 653656108 3,632,546 39,984 SH SOLE 39,984 0 0
MICRON TECHNOLOGY INC COM 595112103 8,194,305 7,099 SH SOLE 7,099 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 28,325,733 37,931 SH SOLE 37,931 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 58,356,657 306,302 SH SOLE 306,302 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 3,411,351 3,373 SH SOLE 3,373 0 0
NVIDIA CORPORATION COM 67066G104 11,082,785 55,389 SH SOLE 55,389 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 7,609,600 15,934 SH SOLE 15,934 0 0
NOVA LTD COM m7516k103 31,415,051 57,861 SH SOLE 57,861 0 0
CAMTEK LTD ORD M20791105 4,183,865 25,649 SH SOLE 25,649 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 20,374,427 380,049 SH SOLE 380,049 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 4,730,372 40,334 SH SOLE 40,334 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 16,507,523 364,083 SH SOLE 364,083 0 0
AMPHENOL CORP CL A 032095101 3,206,027 18,183 SH SOLE 18,183 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 15,741,452 99,215 SH SOLE 99,215 0 0
ATI INC COM 01741R102 3,069,833 15,575 SH SOLE 15,575 0 0
ISHARES INC MSCI STH KOR ETF 464286772 9,562,388 47,362 SH SOLE 47,362 0 0
ISHARES TR CORE S&P500 ETF 464287200 30,622,112 40,890 SH SOLE 40,890 0 0
COHERENT CORP COM 19247G107 2,818,094 7,144 SH SOLE 7,144 0 0
ORMAT TECHNOLOGIES INC COM 686688102 11,945,568 109,693 SH SOLE 109,693 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 7,186,567 227,495 SH SOLE 227,495 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 7,248,282 32,768 SH SOLE 32,768 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,068,451 17,900 SH SOLE 17,900 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 2,802,304 4,543 SH SOLE 4,543 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A755 6,728,570 62,925 SH SOLE 62,925 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A870 6,699,197 42,333 SH SOLE 42,333 0 0
FIRST TR EXCHANGE-TRADED FD NAT GAS ETF 33733E807 5,449,781 204,802 SH SOLE 204,802 0 0
BROADCOM INC COM 11135F101 3,674,374 9,727 SH SOLE 9,727 0 0
FIRST TR EXCHANGE-TRADED FD NASDQ CLN EDGE 33737A108 23,988,884 125,105 SH SOLE 125,105 0 0
SILVERCREST METALS INC CALL 922908363 26,418,833 38,466 SH SOLE 38,466 0 0
META PLATFORMS INC CL A 30303M102 2,922,349 5,188 SH SOLE 5,188 0 0
ENPHASE ENERGY INC COM 29355A107 2,461,655 49,993 SH SOLE 49,993 0 0
SERVICENOW INC COM 81762P102 2,648,989 26,682 SH SOLE 26,682 0 0
FIRST TR EXCHANGE TRADED FD RBA INDL ETF 33738R704 7,954,092 59,693 SH SOLE 59,693 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 9,661,768 165,328 SH SOLE 165,328 0 0
VISTRA CORP COM 92840M102 1,953,370 12,314 SH SOLE 12,314 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 12,373,729 115,502 SH SOLE 115,502 0 0
ENLIGHT RENEWABLE ENERGY LTD SHS M4056D110 12,763,153 143,374 SH SOLE 143,374 0 0
INVESCO EXCH TRADED FD TR II PURBTA MSCI US 46138E461 11,569,665 154,592 SH SOLE 154,592 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS 881624209 25,365,245 748,679 SH DFND 1,2 748,679 0 0
ELI LILLY & CO COM COM 532457108 1,980,259 1,651 SH DFND 1,2 1,651 0 0
TOWER SEMICONDUCTOR LTD SHS M87915274 22,883,149 87,796 SH DFND 1,2 87,796 0 0
NICE LTD SPONSORED ADR 653656108 2,372,457 26,114 SH DFND 1,2 26,114 0 0
MICRON TECHNOLOGY INC COM 595112103 4,450,942 3,856 SH DFND 1,2 3,856 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 39,684,935 208,298 SH DFND 1,2 208,298 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,847,773 1,827 SH DFND 1,2 1,827 0 0
NVIDIA CORPORATION COM 67066G104 6,765,243 33,811 SH DFND 1,2 33,811 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 4,187,334 8,768 SH DFND 1,2 8,768 0 0
NOVA LTD COM m7516k103 14,118,612 26,004 SH DFND 1,2 26,004 0 0
CAMTEK LTD ORD M20791105 2,672,232 16,382 SH DFND 1,2 16,382 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 15,737,269 293,551 SH DFND 1,2 293,551 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,800,177 23,876 SH DFND 1,2 23,876 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 8,973,557 197,917 SH DFND 1,2 197,917 0 0
AMPHENOL CORP CL A 032095101 1,730,933 9,817 SH DFND 1,2 9,817 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 12,468,296 78,585 SH DFND 1,2 78,585 0 0
ATI INC COM 01741R102 1,660,568 8,425 SH DFND 1,2 8,425 0 0
ISHARES INC MSCI STH KOR ETF 464286772 5,176,312 25,638 SH DFND 1,2 25,638 0 0
COHERENT CORP COM 19247G107 1,521,076 3,856 SH DFND 1,2 3,856 0 0
ORMAT TECHNOLOGIES INC COM 686688102 7,837,751 71,972 SH DFND 1,2 71,972 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 4,564,913 144,505 SH DFND 1,2 144,505 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 3,922,318 17,732 SH DFND 1,2 17,732 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 1,515,576 2,457 SH DFND 1,2 2,457 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A755 3,643,640 34,075 SH DFND 1,2 34,075 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A870 3,635,477 22,973 SH DFND 1,2 22,973 0 0
FIRST TR EXCHANGE-TRADED FD NAT GAS ETF 33733E807 2,958,979 111,198 SH DFND 1,2 111,198 0 0
BROADCOM INC COM 11135F101 1,991,876 5,273 SH DFND 1,2 5,273 0 0
FIRST TR EXCHANGE-TRADED FD NASDQ CLN EDGE 33737A108 13,977,616 72,895 SH DFND 1,2 72,895 0 0
META PLATFORMS INC CL A 30303M102 1,583,971 2,812 SH DFND 1,2 2,812 0 0
ENPHASE ENERGY INC COM 29355A107 1,329,825 27,007 SH DFND 1,2 27,007 0 0
SERVICENOW INC COM 81762P102 1,431,915 14,423 SH DFND 1,2 14,423 0 0
FIRST TR EXCHANGE TRADED FD RBA INDL ETF 33738R704 4,304,908 32,307 SH DFND 1,2 32,307 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 6,227,250 106,558 SH DFND 1,2 106,558 0 0
VISTRA CORP COM 92840M102 1,060,600 6,686 SH DFND 1,2 6,686 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 11,312,714 105,598 SH DFND 1,2 105,598 0 0
ENLIGHT RENEWABLE ENERGY LTD SHS M4056D110 8,156,547 91,626 SH DFND 1,2 91,626 0 0