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
ABRDN ETFS BBRG ALL COMD K1 003261104 10,692,200 413,305 SH DFND 413,305 0 0
AMERICAN CENTY ETF TR US LARGE CAP VLU 025072349 43,675,285 482,920 SH DFND 482,920 0 0
DIMENSIONAL ETF TRUST INTERNATNAL VAL 25434V807 22,136,480 396,285 SH DFND 396,285 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 61,256,690 294,475 SH DFND 294,475 0 0
ISHARES INC CORE MSCI EMKT 46434G103 5,432,039 66,930 SH DFND 66,930 0 0
ISHARES TR CORE MSCI EAFE 46432F842 56,924,072 587,573 SH DFND 587,573 0 0
ISHARES TR CORE S&P500 ETF 464287200 147,761,567 192,938 SH DFND 192,938 0 0
ISHARES TR CORE US AGGBD ET 464287226 290,470,368 3,072,460 SH DFND 3,072,460 0 0
ISHARES TR MSCI INTL QUALTY 46434V456 38,283,646 773,876 SH DFND 773,876 0 0
J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF 46641Q837 25,205,450 500,406 SH DFND 500,406 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 47,447,822 2,152,805 SH DFND 2,152,805 0 0
SPDR SERIES TRUST ST LON TREAS ETF 78464A664 96,599,894 4,050,310 SH DFND 4,050,310 0 0
SPDR SERIES TRUST ST STR DOW REIT 78464A607 47,640,500 454,065 SH DFND 454,065 0 0
SPDR SERIES TRUST ST STR P400MID 78464A847 92,414,875 1,465,972 SH DFND 1,465,972 0 0
SPDR SERIES TRUST ST STR SP600 SML 78468R853 74,940,045 1,417,708 SH DFND 1,417,708 0 0