Capula Management 13FHR Quarterly holdings report by institutional manager | SEC 9 May 24

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
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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
ABBOTT LABS	COM	002824100	248,006	2,182	SH		DFND	2	2,182	0	0
ABBVIE INC	COM	00287Y109	54,630	300	SH	Put	DFND	2	300	0	0
ABBVIE INC	COM	00287Y109	204,134	1,121	SH		DFND	2	1,121	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	450,593	1,300	SH	Put	DFND	2	1,300	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	150,082	433	SH		DFND	2	433	0	0
ACM RESH INC	COM CL A	00108J109	767,344	26,333	SH		DFND	1	26,333	0	0
ADOBE INC	COM	00724F101	247,759	491	SH		DFND	2	491	0	0
ADOBE INC	COM	00724F101	151,380	300	SH	Call	DFND	2	300	0	0
ADOBE INC	COM	00724F101	605,520	1,200	SH	Put	DFND	2	1,200	0	0
ADT INC DEL	COM	00090Q103	763,123	113,560	SH		DFND	1	113,560	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	379,029	2,100	SH	Put	DFND	2	2,100	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	153,417	850	SH		DFND	2	850	0	0
AFFIRM HLDGS INC	COM CL A	00827B106	234,738	6,300	SH	Put	DFND	2	6,300	0	0
AFFIRM HLDGS INC	COM CL A	00827B106	87,113	2,338	SH		DFND	2	2,338	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	292,184	2,008	SH		DFND	2	2,008	0	0
AGREE RLTY CORP	COM	008492100	459,873	8,051	SH		DFND	2	8,051	0	0
ALLSTATE CORP	COM	020002101	1,361,762	7,871	SH		DFND	1	7,871	0	0
ALLSTATE CORP	COM	020002101	130,104	752	SH		DFND	2	752	0	0
ALPHA METALLURGICAL RESOUR I	COM	020764106	636,178	1,921	SH		DFND	1	1,921	0	0
ALPHABET INC	CAP STK CL C	02079K107	30,452,000	200,000	SH		DFND	2	200,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	452,790	3,000	SH	Call	DFND	2	3,000	0	0
ALPHABET INC	CAP STK CL A	02079K305	920,673	6,100	SH	Put	DFND	2	6,100	0	0
ALPHABET INC	CAP STK CL A	02079K305	193,633,530	1,282,936	SH		DFND	2	1,282,936	0	0
ALPINE IMMUNE SCIENCES INC	COM	02083G100	950,171	23,970	SH		DFND	1	23,970	0	0
ALTRIA GROUP INC	COM	02209S103	536,526	12,300	SH	Put	DFND	2	12,300	0	0
ALTRIA GROUP INC	COM	02209S103	1,008,494	23,120	SH		DFND	2	23,120	0	0
AMAZON COM INC	COM	023135106	937,976	5,200	SH	Put	DFND	2	5,200	0	0
AMAZON COM INC	COM	023135106	117,510,355	651,460	SH		DFND	2	651,460	0	0
AMEDISYS INC	COM	023436108	419,881	4,556	SH		DFND	1	4,556	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	107,450	7,000	SH	Put	DFND	2	7,000	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	26,233	1,709	SH		DFND	2	1,709	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	849,392	55,335	SH		DFND	1	55,335	0	0
AMERIPRISE FINL INC	COM	03076C106	163,100	372	SH		DFND	2	372	0	0
AMERIPRISE FINL INC	COM	03076C106	432,302	986	SH		DFND	1	986	0	0
AMERIS BANCORP	COM	03076K108	453,998	9,384	SH		DFND	2	9,384	0	0
AMICUS THERAPEUTICS INC	COM	03152W109	200,260	17,000	SH		DFND	2	17,000	0	0
ANDERSONS INC	COM	034164103	862,156	15,028	SH		DFND	1	15,028	0	0
ANNALY CAPITAL MANAGEMENT IN	COM NEW	035710839	277,787	14,108	SH		DFND	2	14,108	0	0
AON PLC	SHS CL A	G0403H108	391,454	1,173	SH		DFND	1	1,173	0	0
APPLE INC	COM	037833100	788,808	4,600	SH	Call	DFND	2	4,600	0	0
APPLE INC	COM	037833100	2,435,016	14,200	SH	Put	DFND	2	14,200	0	0
APPLE INC	COM	037833100	46,852,623	273,225	SH		DFND	2	273,225	0	0
APPLIED MATLS INC	COM	038222105	424,215	2,057	SH		DFND	1	2,057	0	0
APPLIED MATLS INC	COM	038222105	268,099	1,300	SH	Put	DFND	2	1,300	0	0
APPLIED MATLS INC	COM	038222105	150,342	729	SH		DFND	2	729	0	0
ARCUTIS BIOTHERAPEUTICS INC	COM	03969K108	792,483	79,968	SH		DFND	1	79,968	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	194,094	200	SH	Put	DFND	2	200	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	485,235	500	SH		DFND		500	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	73,756	76	SH		DFND	2	76	0	0
AT&T INC	COM	00206R102	75,680	4,300	SH	Call	DFND	2	4,300	0	0
AT&T INC	COM	00206R102	41,008	2,330	SH		DFND	2	2,330	0	0
AT&T INC	COM	00206R102	228,800	13,000	SH	Put	DFND	2	13,000	0	0
AVIS BUDGET GROUP	COM	053774105	786,928	6,426	SH		DFND	1	6,426	0	0
AVISTA CORP	COM	05379B107	243,984	6,967	SH		DFND	2	6,967	0	0
AXOS FINANCIAL INC	COM	05465C100	809,357	14,977	SH		DFND	1	14,977	0	0
AZEK CO INC	CL A	05478C105	429,431	8,551	SH		DFND	1	8,551	0	0
AZEK CO INC	CL A	05478C105	107,019	2,131	SH		DFND	2	2,131	0	0
BANK AMERICA CORP	COM	060505104	345,072	9,100	SH	Put	DFND	2	9,100	0	0
BANK AMERICA CORP	COM	060505104	213,983	5,643	SH		DFND	2	5,643	0	0
BATH & BODY WORKS INC	COM	070830104	424,320	8,483	SH		DFND	1	8,483	0	0
BEAM THERAPEUTICS INC	COM	07373V105	622,903	18,853	SH		DFND	1	18,853	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	330,108	785	SH		DFND	2	785	0	0
BLACKSTONE INC	COM	09260D107	424,325	3,230	SH		DFND	1	3,230	0	0
BLOCK INC	CL A	852234103	202,992	2,400	SH	Put	DFND	2	2,400	0	0
BLOCK INC	CL A	852234103	210,097	2,484	SH		DFND	2	2,484	0	0
BLUE BIRD CORP	COM	095306106	1,042,848	27,200	SH		DFND	1	27,200	0	0
BLUELINX HLDGS INC	COM NEW	09624H208	956,483	7,344	SH		DFND	1	7,344	0	0
BOEING CO	COM	097023105	250,887	1,300	SH	Put	DFND	2	1,300	0	0
BOEING CO	COM	097023105	67,739	351	SH		DFND	2	351	0	0
BOK FINL CORP	COM NEW	05561Q201	371,496	4,038	SH		DFND	2	4,038	0	0
BREAD FINANCIAL HOLDINGS INC	COM	018581108	969,879	26,044	SH		DFND	1	26,044	0	0
BROADCOM INC	COM	11135F101	237,248	179	SH		DFND	2	179	0	0
BROADCOM INC	COM	11135F101	397,623	300	SH	Call	DFND	2	300	0	0
BROADCOM INC	COM	11135F101	927,787	700	SH	Put	DFND	2	700	0	0
BRUNSWICK CORP	COM	117043109	397,083	4,114	SH		DFND	1	4,114	0	0
BRUNSWICK CORP	COM	117043109	482,793	5,002	SH		DFND	2	5,002	0	0
BUILDERS FIRSTSOURCE INC	COM	12008R107	425,442	2,040	SH		DFND	1	2,040	0	0
BUILDERS FIRSTSOURCE INC	COM	12008R107	179,562	861	SH		DFND	2	861	0	0
BUNGE GLOBAL SA	COM SHS	H11356104	15,070	147	SH		DFND	2	147	0	0
BUNGE GLOBAL SA	COM SHS	H11356104	991,676	9,673	SH		DFND	1	9,673	0	0
CABLE ONE INC	COM	12685J105	755,287	1,785	SH		DFND	1	1,785	0	0
CABLE ONE INC	COM	12685J105	62,623	148	SH		DFND	2	148	0	0
CACI INTL INC	CL A	127190304	392,847	1,037	SH		DFND	1	1,037	0	0
CAESARS ENTERTAINMENT INC NE	COM	12769G100	316,328	7,232	SH		DFND	2	7,232	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	1,271,328	12,920	SH		DFND	1	12,920	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	253,085	2,572	SH		DFND	2	2,572	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	7,927,500	175,000	SH		DFND	2	175,000	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	205,617	4,539	SH		DFND	1	4,539	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	6,795,000	150,000	SH	Put	DFND	2	150,000	0	0
CARLISLE COS INC	COM	142339100	179,859	459	SH		DFND	1	459	0	0
CARLISLE COS INC	COM	142339100	349,922	893	SH		DFND	2	893	0	0
CARTERS INC	COM	146229109	434,747	5,134	SH		DFND	1	5,134	0	0
CATALENT INC	COM	148806102	40,362	715	SH		DFND	2	715	0	0
CATALENT INC	COM	148806102	404,972	7,174	SH		DFND	1	7,174	0	0
CATERPILLAR INC	COM	149123101	73,286	200	SH	Put	DFND	2	200	0	0
CATERPILLAR INC	COM	149123101	193,109	527	SH		DFND	2	527	0	0
CBRE GROUP INC	CL A	12504L109	31,311	322	SH		DFND	2	322	0	0
CBRE GROUP INC	CL A	12504L109	383,515	3,944	SH		DFND	1	3,944	0	0
CCC INTELLIGENT SOLUTIONS HL	COM	12510Q100	411,926	34,442	SH		DFND	1	34,442	0	0
CCC INTELLIGENT SOLUTIONS HL	COM	12510Q100	133,605	11,171	SH		DFND	2	11,171	0	0
CENTERPOINT ENERGY INC	COM	15189T107	425,242	14,926	SH		DFND	1	14,926	0	0
CENTRAL GARDEN & PET CO	CL A NON-VTG	153527205	7,274,901	197,045	SH		DFND	2	197,045	0	0
CENTURY CMNTYS INC	COM	156504300	215,774	2,236	SH		DFND	2	2,236	0	0
CF INDS HLDGS INC	COM	125269100	242,141	2,910	SH		DFND	2	2,910	0	0
CHENIERE ENERGY INC	COM NEW	16411R208	869,138	5,389	SH		DFND	1	5,389	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	203,474	70	SH		DFND	2	70	0	0
CHORD ENERGY CORPORATION	COM NEW	674215207	212,819	1,194	SH		DFND	2	1,194	0	0
CHUBB LIMITED	COM	H1467J104	578,119	2,231	SH		DFND	2	2,231	0	0
CHURCHILL DOWNS INC	COM	171484108	397,609	3,213	SH		DFND	1	3,213	0	0
CHURCHILL DOWNS INC	COM	171484108	58,410	472	SH		DFND	2	472	0	0
CINCINNATI FINL CORP	COM	172062101	281,990	2,271	SH		DFND	2	2,271	0	0
CINTAS CORP	COM	172908105	1,018,178	1,482	SH		DFND	2	1,482	0	0
CIRRUS LOGIC INC	COM	172755100	1,003,906	10,846	SH		DFND	1	10,846	0	0
CITIGROUP INC	COM NEW	172967424	252,960	4,000	SH	Put	DFND	2	4,000	0	0
CITIGROUP INC	COM NEW	172967424	143,112	2,263	SH		DFND	2	2,263	0	0
CLEAN HARBORS INC	COM	184496107	1,002,725	4,981	SH		DFND	2	4,981	0	0
CLEANSPARK INC	COM NEW	18452B209	1,717,034	80,954	SH		DFND	1	80,954	0	0
CLEARWAY ENERGY INC	CL A	18539C105	869,929	40,443	SH		DFND	1	40,443	0	0
CLEVELAND-CLIFFS INC NEW	COM	185899101	437,995	19,261	SH		DFND	1	19,261	0	0
CLOUDFLARE INC	CL A COM	18915M107	79,885	825	SH		DFND	2	825	0	0
CLOUDFLARE INC	CL A COM	18915M107	213,026	2,200	SH	Put	DFND	2	2,200	0	0
CMS ENERGY CORP	COM	125896100	414,415	6,868	SH		DFND	1	6,868	0	0
CNH INDL N V	SHS	N20944109	255,014	19,677	SH		DFND	2	19,677	0	0
CNX RES CORP	COM	12653C108	987,535	41,633	SH		DFND	1	41,633	0	0
COGENT COMMUNICATIONS HLDGS	COM NEW	19239V302	725,228	11,101	SH		DFND	1	11,101	0	0
COGENT COMMUNICATIONS HLDGS	COM NEW	19239V302	30,378	465	SH		DFND	2	465	0	0
COMCAST CORP NEW	CL A	20030N101	208,514	4,810	SH		DFND	2	4,810	0	0
COMCAST CORP NEW	CL A	20030N101	533,205	12,300	SH	Put	DFND	2	12,300	0	0
CONAGRA BRANDS INC	COM	205887102	449,402	15,162	SH		DFND	2	15,162	0	0
CONSOLIDATED COMM HLDGS INC	COM	209034107	1,278,841	296,028	SH		DFND	2	296,028	0	0
CONSOLIDATED EDISON INC	COM	209115104	501,907	5,527	SH		DFND	2	5,527	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	346,222	1,274	SH		DFND	2	1,274	0	0
COOPER COS INC	COM	216648501	200,992	1,981	SH		DFND	2	1,981	0	0
COPT DEFENSE PROPERTIES	SHS BEN INT	22002T108	391,385	16,193	SH		DFND	2	16,193	0	0
COSTCO WHSL CORP NEW	COM	22160K105	423,460	578	SH		DFND	1	578	0	0
COSTCO WHSL CORP NEW	COM	22160K105	275,469	376	SH		DFND	2	376	0	0
COSTCO WHSL CORP NEW	COM	22160K105	659,367	900	SH	Put	DFND	2	900	0	0
COTERRA ENERGY INC	COM	127097103	607,143	21,777	SH		DFND	2	21,777	0	0
CREDIT ACCEP CORP MICH	COM	225310101	412,559	748	SH		DFND	1	748	0	0
CRESCENT ENERGY COMPANY	CL A COM	44952J104	876,566	73,661	SH		DFND	1	73,661	0	0
CRH PLC	ORD	G25508105	3,894,553	45,149	SH		DFND	2	45,149	0	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	64,118	200	SH	Put	DFND	2	200	0	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	3,843,553	11,989	SH		DFND	2	11,989	0	0
DANAHER CORPORATION	COM	235851102	274,692	1,100	SH	Put	DFND	2	1,100	0	0
DANAHER CORPORATION	COM	235851102	331,129	1,326	SH		DFND	2	1,326	0	0
DATADOG INC	CL A COM	23804L103	212,221	1,717	SH		DFND	1	1,717	0	0
DATADOG INC	CL A COM	23804L103	256,717	2,077	SH		DFND	2	2,077	0	0
DEERE & CO	COM	244199105	384,042	935	SH		DFND	1	935	0	0
DEERE & CO	COM	244199105	306,823	747	SH		DFND	2	747	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	201,868	4,217	SH		DFND	2	4,217	0	0
DENTSPLY SIRONA INC	COM	24906P109	393,268	11,849	SH		DFND	1	11,849	0	0
DENTSPLY SIRONA INC	COM	24906P109	317,297	9,560	SH		DFND	2	9,560	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	462,132	2,332	SH		DFND	2	2,332	0	0
DIGITALBRIDGE GROUP INC	CL A NEW	25401T603	903,493	46,886	SH		DFND	1	46,886	0	0
DISNEY WALT CO	COM	254687106	648,508	5,300	SH	Put	DFND	2	5,300	0	0
DISNEY WALT CO	COM	254687106	136,676	1,117	SH		DFND	2	1,117	0	0
DOCUSIGN INC	COM	256163106	292,867	4,918	SH		DFND	2	4,918	0	0
DORIAN LPG LTD	SHS USD	Y2106R110	923,194	24,004	SH		DFND	1	24,004	0	0
DRAFTKINGS INC NEW	COM CL A	26142V105	413,776	9,112	SH		DFND	1	9,112	0	0
DRAFTKINGS INC NEW	COM CL A	26142V105	148,854	3,278	SH		DFND	2	3,278	0	0
DTE ENERGY CO	COM	233331107	411,778	3,672	SH		DFND	1	3,672	0	0
EASTERN BANKSHARES INC	COM	27627N105	141,810	10,291	SH		DFND	2	10,291	0	0
ELASTIC N V	ORD SHS	N14506104	415,796	4,148	SH		DFND	1	4,148	0	0
ELASTIC N V	ORD SHS	N14506104	227,645	2,271	SH		DFND	2	2,271	0	0
ELEVANCE HEALTH INC	COM	036752103	165,414	319	SH		DFND	2	319	0	0
ELEVANCE HEALTH INC	COM	036752103	423,129	816	SH		DFND	1	816	0	0
ENCOMPASS HEALTH CORP	COM	29261A100	644,289	7,802	SH		DFND	2	7,802	0	0
ENTERGY CORP NEW	COM	29364G103	594,027	5,621	SH		DFND	2	5,621	0	0
ENTERGY CORP NEW	COM	29364G103	388,057	3,672	SH		DFND	1	3,672	0	0
EOG RES INC	COM	26875P101	930,036	7,275	SH		DFND	2	7,275	0	0
EPR PPTYS	COM SH BEN INT	26884U109	391,431	9,221	SH		DFND	2	9,221	0	0
EPR PPTYS	COM SH BEN INT	26884U109	171,031	4,029	SH		DFND	1	4,029	0	0
EQUITRANS MIDSTREAM CORP	COM	294600101	1,725,681	138,165	SH		DFND	2	138,165	0	0
EQUITRANS MIDSTREAM CORP	COM	294600101	1,010,054	80,869	SH		DFND	1	80,869	0	0
ESSENT GROUP LTD	COM	G3198U102	407,227	6,843	SH		DFND	2	6,843	0	0
EVERCORE INC	CLASS A	29977A105	379,787	1,972	SH		DFND	1	1,972	0	0
EVERCORE INC	CLASS A	29977A105	195,864	1,017	SH		DFND	2	1,017	0	0
EVERGY INC	COM	30034W106	127,471	2,388	SH		DFND	2	2,388	0	0
EVERGY INC	COM	30034W106	143,379	2,686	SH		DFND	1	2,686	0	0
EXXON MOBIL CORP	COM	30231G102	5,370,985	46,206	SH		DFND	2	46,206	0	0
FAIR ISAAC CORP	COM	303250104	212,434	170	SH		DFND	1	170	0	0
FAIR ISAAC CORP	COM	303250104	237,426	190	SH		DFND	2	190	0	0
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	472,101	4,623	SH		DFND	2	4,623	0	0
FEDERAL SIGNAL CORP	COM	313855108	232,289	2,737	SH		DFND	2	2,737	0	0
FEDERATED HERMES INC	CL B	314211103	239,837	6,640	SH		DFND	2	6,640	0	0
FERGUSON PLC NEW	SHS	G3421J106	2,982,444	13,654	SH		DFND	2	13,654	0	0
FIRST AMERN FINL CORP	COM	31847R102	433,821	7,106	SH		DFND	1	7,106	0	0
FIRST AMERN FINL CORP	COM	31847R102	151,953	2,489	SH		DFND	2	2,489	0	0
FLOWERS FOODS INC	COM	343498101	389,215	16,388	SH		DFND	1	16,388	0	0
FORD MTR CO DEL	COM	345370860	935,324	70,431	SH		DFND	1	70,431	0	0
FOX CORP	CL B COM	35137L204	8,982,874	313,867	SH		DFND	2	313,867	0	0
FRANKLIN RESOURCES INC	COM	354613101	428,706	15,251	SH		DFND	2	15,251	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	2,191,132	46,600	SH	Put	DFND	2	46,600	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	814,245	17,317	SH		DFND	2	17,317	0	0
FRONTIER GROUP HLDGS INC	COM	35909R108	1,108,337	136,663	SH		DFND	1	136,663	0	0
GAMING & LEISURE PPTYS INC	COM	36467J108	407,812	8,852	SH		DFND	2	8,852	0	0
GAP INC	COM	364760108	1,628,921	59,126	SH		DFND	1	59,126	0	0
GARTNER INC	COM	366651107	210,688	442	SH		DFND	1	442	0	0
GARTNER INC	COM	366651107	94,381	198	SH		DFND	2	198	0	0
GENERAC HLDGS INC	COM	368736104	431,020	3,417	SH		DFND	1	3,417	0	0
GENERAL DYNAMICS CORP	COM	369550108	169,494	600	SH	Put	DFND	2	600	0	0
GENERAL DYNAMICS CORP	COM	369550108	129,380	458	SH		DFND	2	458	0	0
GENERAL MTRS CO	COM	37045V100	267,565	5,900	SH	Put	DFND	2	5,900	0	0
GENERAL MTRS CO	COM	37045V100	58,320	1,286	SH		DFND	2	1,286	0	0
GENTEX CORP	COM	371901109	265,265	7,344	SH		DFND	2	7,344	0	0
GITLAB INC	CLASS A COM	37637K108	416,405	7,140	SH		DFND	1	7,140	0	0
GITLAB INC	CLASS A COM	37637K108	51,788	888	SH		DFND	2	888	0	0
GLOBAL PMTS INC	COM	37940X102	429,450	3,213	SH		DFND	1	3,213	0	0
GLOBAL PMTS INC	COM	37940X102	5,747	43	SH		DFND	2	43	0	0
GLOBE LIFE INC	COM	37959E102	286,968	2,466	SH		DFND	2	2,466	0	0
GODADDY INC	CL A	380237107	1,087,465	9,163	SH		DFND	1	9,163	0	0
GOLAR LNG LTD	SHS	G9456A100	968,968	40,273	SH		DFND	1	40,273	0	0
GUESS INC	COM	401617105	1,030,926	32,759	SH		DFND	1	32,759	0	0
GXO LOGISTICS INCORPORATED	COMMON STOCK	36262G101	385,674	7,174	SH		DFND	1	7,174	0	0
GXO LOGISTICS INCORPORATED	COMMON STOCK	36262G101	1,452	27	SH		DFND	2	27	0	0
HARLEY DAVIDSON INC	COM	412822108	161,357	3,689	SH		DFND	1	3,689	0	0
HARLEY DAVIDSON INC	COM	412822108	73,308	1,676	SH		DFND	2	1,676	0	0
HAYNES INTL INC	COM NEW	420877201	6,251,879	103,990	SH		DFND	2	103,990	0	0
HAYWARD HLDGS INC	COM	421298100	234,243	15,300	SH		DFND	1	15,300	0	0
HEARTLAND EXPRESS INC	COM	422347104	783,706	65,637	SH		DFND	1	65,637	0	0
HELEN OF TROY LTD	COM	G4388N106	278,420	2,416	SH		DFND	2	2,416	0	0
HERSHEY CO	COM	427866108	254,212	1,307	SH		DFND	2	1,307	0	0
HESS CORP	COM	42809H107	1,984,320	13,000	SH		DFND	2	13,000	0	0
HOLOGIC INC	COM	436440101	40,851	524	SH		DFND	2	524	0	0
HOLOGIC INC	COM	436440101	425,428	5,457	SH		DFND	1	5,457	0	0
HOME DEPOT INC	COM	437076102	153,440	400	SH	Put	DFND	2	400	0	0
HOME DEPOT INC	COM	437076102	864,251	2,253	SH		DFND	2	2,253	0	0
HONEYWELL INTL INC	COM	438516106	78,816	384	SH		DFND	2	384	0	0
HONEYWELL INTL INC	COM	438516106	328,400	1,600	SH	Put	DFND	2	1,600	0	0
HUB GROUP INC	CL A	443320106	221,200	5,118	SH		DFND	2	5,118	0	0
HUMANA INC	COM	444859102	418,491	1,207	SH		DFND	1	1,207	0	0
HUMANA INC	COM	444859102	416,064	1,200	SH	Put	DFND	2	1,200	0	0
HUMANA INC	COM	444859102	199,711	576	SH		DFND	2	576	0	0
HUNT J B TRANS SVCS INC	COM	445658107	266,198	1,336	SH		DFND	2	1,336	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	860,171	61,661	SH		DFND	2	61,661	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	177,797	610	SH		DFND	2	610	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	1,332,892	4,573	SH		DFND	1	4,573	0	0
IAC INC	COM NEW	44891N208	127,696	2,394	SH		DFND	2	2,394	0	0
IAC INC	COM NEW	44891N208	885,924	16,609	SH		DFND	1	16,609	0	0
IAMGOLD CORP	COM	450913108	61,020	13,500	SH		DFND	2	13,500	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	162,187	10,055	SH		DFND	2	10,055	0	0
INGERSOLL RAND INC	COM	45687V106	179,171	1,887	SH		DFND	1	1,887	0	0
INGERSOLL RAND INC	COM	45687V106	42,728	450	SH		DFND	2	450	0	0
INGREDION INC	COM	457187102	389,344	3,332	SH		DFND	1	3,332	0	0
INGREDION INC	COM	457187102	86,936	744	SH		DFND	2	744	0	0
INTEL CORP	COM	458140100	197,484	4,471	SH		DFND	1	4,471	0	0
INTEL CORP	COM	458140100	28,445	644	SH		DFND	2	644	0	0
INTUIT	COM	461202103	585,000	900	SH	Call	DFND	2	900	0	0
INTUIT	COM	461202103	13,000	20	SH		DFND	2	20	0	0
INTUIT	COM	461202103	455,000	700	SH	Put	DFND	2	700	0	0
INVESCO EXCH TRADED FD TR II	SR LN ETF	46138G508	25,083,900	1,186,000	SH		DFND	1	1,186,000	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	527,261,875	1,187,500	SH	Put	DFND		1,187,500	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	82,350,979	185,471	SH		DFND		185,471	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	284,166,400	640,000	SH	Call	DFND		640,000	0	0
IONIS PHARMACEUTICALS INC	COM	462222100	442,907	10,217	SH		DFND	1	10,217	0	0
ISHARES INC	MSCI THAILND ETF	464286624	294,854	5,048	SH		DFND	2	5,048	0	0
ISHARES INC	MSCI HONG KG ETF	464286871	418,295	26,900	SH		DFND		26,900	0	0
ISHARES INC	MSCI TAIWAN ETF	46434G772	477,064	9,800	SH		DFND		9,800	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	27,858,600	540,000	SH	Call	DFND		540,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	457,403	2,175	SH		DFND	2	2,175	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	12,897,500	250,000	SH	Put	DFND		250,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	1,787,550	8,500	SH	Call	DFND	2	8,500	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	5,262,348	128,100	SH	Call	DFND	2	128,100	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	2,157,597	41,822	SH		DFND		41,822	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	49,296,000	1,200,000	SH	Call	DFND		1,200,000	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	3,677,896	152,800	SH	Call	DFND	2	152,800	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	15,703,487	382,266	SH		DFND		382,266	0	0
ISHARES TR	20 YR TR BD ETF	464287432	37,848,000	400,000	SH	Put	DFND		400,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	188,197,388	2,421,168	SH		DFND	1	2,421,168	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	3,563,419	148,044	SH		DFND		148,044	0	0
ISHARES TR	20 YR TR BD ETF	464287432	37,848,000	400,000	SH	Call	DFND		400,000	0	0
JANUS HENDERSON GROUP PLC	ORD SHS	G4474Y214	929,274	28,254	SH		DFND	1	28,254	0	0
JANUX THERAPEUTICS INC	COM	47103J105	803,903	21,352	SH		DFND	1	21,352	0	0
JETBLUE AWYS CORP	COM	477143101	1,203,628	162,214	SH		DFND	1	162,214	0	0
JOHNSON & JOHNSON	COM	478160104	218,302	1,380	SH		DFND	2	1,380	0	0
JOHNSON & JOHNSON	COM	478160104	696,036	4,400	SH	Put	DFND	2	4,400	0	0
JPMORGAN CHASE & CO	COM	46625H100	300,450	1,500	SH	Put	DFND	2	1,500	0	0
JPMORGAN CHASE & CO	COM	46625H100	331,297	1,654	SH		DFND	2	1,654	0	0
JUNIPER NETWORKS INC	COM	48203R104	410,143	11,067	SH		DFND	1	11,067	0	0
KAISER ALUMINUM CORP	COM PAR $0.01	483007704	1,058,827	11,849	SH		DFND	1	11,849	0	0
KB HOME	COM	48666K109	276,007	3,894	SH		DFND	2	3,894	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	401,427	2,567	SH		DFND	1	2,567	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	1,564	10	SH		DFND	2	10	0	0
KIMBERLY-CLARK CORP	COM	494368103	502,137	3,882	SH		DFND	2	3,882	0	0
KINIKSA PHARMACEUTICALS LTD	COM CL A	G5269C101	813,705	41,242	SH		DFND	1	41,242	0	0
KLA CORP	COM NEW	482480100	324,137	464	SH		DFND	2	464	0	0
KLA CORP	COM NEW	482480100	698,570	1,000	SH	Put	DFND	2	1,000	0	0
KOHLS CORP	COM	500255104	977,225	33,524	SH		DFND	1	33,524	0	0
KOSMOS ENERGY LTD	COM	500688106	879,559	147,577	SH		DFND	1	147,577	0	0
KOSMOS ENERGY LTD	COM	500688106	46,214	7,754	SH		DFND	2	7,754	0	0
KROGER CO	COM	501044101	216,123	3,783	SH		DFND	2	3,783	0	0
KYNDRYL HLDGS INC	COMMON STOCK	50155Q100	207,155	9,520	SH		DFND	1	9,520	0	0
KYNDRYL HLDGS INC	COMMON STOCK	50155Q100	10,488	482	SH		DFND	2	482	0	0
LAM RESEARCH CORP	COM	512807108	429,434	442	SH		DFND	1	442	0	0
LAM RESEARCH CORP	COM	512807108	485,785	500	SH	Put	DFND	2	500	0	0
LAM RESEARCH CORP	COM	512807108	312,846	322	SH		DFND	2	322	0	0
LAUDER ESTEE COS INC	CL A	518439104	120,545	782	SH		DFND	1	782	0	0
LAUDER ESTEE COS INC	CL A	518439104	127,174	825	SH		DFND	2	825	0	0
LEIDOS HOLDINGS INC	COM	525327102	73,673	562	SH		DFND	2	562	0	0
LEIDOS HOLDINGS INC	COM	525327102	401,135	3,060	SH		DFND	1	3,060	0	0
LEMONADE INC	COM	52567D107	642,189	39,134	SH		DFND	1	39,134	0	0
LENNAR CORP	CL A	526057104	237,160	1,379	SH		DFND	2	1,379	0	0
LENNAR CORP	CL A	526057104	190,038	1,105	SH		DFND	1	1,105	0	0
LENNOX INTL INC	COM	526107107	350,441	717	SH		DFND	2	717	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	9,123,664	159,421	SH		DFND	2	159,421	0	0
LIVE NATION ENTERTAINMENT IN	COM	538034109	26,442,500	250,000	SH		DFND	2	250,000	0	0
LOWES COS INC	COM	548661107	280,203	1,100	SH	Put	DFND	2	1,100	0	0
LOWES COS INC	COM	548661107	321,724	1,263	SH		DFND	2	1,263	0	0
LULULEMON ATHLETICA INC	COM	550021109	411,745	1,054	SH		DFND	1	1,054	0	0
LULULEMON ATHLETICA INC	COM	550021109	33,596	86	SH		DFND	2	86	0	0
LXP INDUSTRIAL TRUST	COM	529043101	399,532	44,294	SH		DFND	2	44,294	0	0
LYFT INC	CL A COM	55087P104	423,359	21,879	SH		DFND	1	21,879	0	0
M & T BK CORP	COM	55261F104	290,153	1,995	SH		DFND	2	1,995	0	0
MACERICH CO	COM	554382101	863,499	50,116	SH		DFND	1	50,116	0	0
MACERICH CO	COM	554382101	48,744	2,829	SH		DFND	2	2,829	0	0
MACYS INC	COM	55616P104	851,614	42,602	SH		DFND	1	42,602	0	0
MACYS INC	COM	55616P104	39,020	1,952	SH		DFND	2	1,952	0	0
MANPOWERGROUP INC WIS	COM	56418H100	422,362	5,440	SH		DFND	1	5,440	0	0
MANPOWERGROUP INC WIS	COM	56418H100	68,168	878	SH		DFND	2	878	0	0
MARATHON OIL CORP	COM	565849106	303,748	10,718	SH		DFND	2	10,718	0	0
MARATHON PETE CORP	COM	56585A102	1,007,097	4,998	SH		DFND	1	4,998	0	0
MARSH & MCLENNAN COS INC	COM	571748102	392,186	1,904	SH		DFND	1	1,904	0	0
MASCO CORP	COM	574599106	218,576	2,771	SH		DFND	1	2,771	0	0
MATTEL INC	COM	577081102	223,200	11,267	SH		DFND	2	11,267	0	0
MEDIAALPHA INC	CL A	58450V104	981,040	48,161	SH		DFND	1	48,161	0	0
MELCO RESORTS AND ENTMNT LTD	ADR	585464100	449,183	62,300	SH		DFND		62,300	0	0
MERCURY GENL CORP NEW	COM	589400100	1,086,851	21,063	SH		DFND	1	21,063	0	0
META PLATFORMS INC	CL A	30303M102	575,898	1,186	SH		DFND	2	1,186	0	0
META PLATFORMS INC	CL A	30303M102	255,901	527	SH		DFND	1	527	0	0
META PLATFORMS INC	CL A	30303M102	1,408,182	2,900	SH	Put	DFND	2	2,900	0	0
METLIFE INC	COM	59156R108	420,797	5,678	SH		DFND	1	5,678	0	0
MFA FINL INC	COM	55272X607	868,210	76,092	SH		DFND	1	76,092	0	0
MGIC INVT CORP WIS	COM	552848103	206,405	9,231	SH		DFND	1	9,231	0	0
MGIC INVT CORP WIS	COM	552848103	176,845	7,909	SH		DFND	2	7,909	0	0
MICRON TECHNOLOGY INC	COM	595112103	131,565	1,116	SH		DFND	2	1,116	0	0
MICRON TECHNOLOGY INC	COM	595112103	483,349	4,100	SH	Put	DFND	2	4,100	0	0
MICROSOFT CORP	COM	594918104	3,071,256	7,300	SH	Put	DFND	2	7,300	0	0
MICROSOFT CORP	COM	594918104	1,112,384	2,644	SH		DFND	2	2,644	0	0
MIMEDX GROUP INC	COM	602496101	735,396	95,506	SH		DFND	1	95,506	0	0
MODERNA INC	COM	60770K107	505,414	4,743	SH		DFND	1	4,743	0	0
MODERNA INC	COM	60770K107	181,684	1,705	SH		DFND	2	1,705	0	0
MODERNA INC	COM	60770K107	372,960	3,500	SH	Put	DFND	2	3,500	0	0
MOHAWK INDS INC	COM	608190104	214,660	1,640	SH		DFND	2	1,640	0	0
MONARCH CASINO & RESORT INC	COM	609027107	248,142	3,309	SH		DFND	2	3,309	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	427,290	7,208	SH		DFND	1	7,208	0	0
MORGAN STANLEY	COM NEW	617446448	150,185	1,595	SH		DFND	2	1,595	0	0
MORGAN STANLEY	COM NEW	617446448	602,624	6,400	SH	Put	DFND	2	6,400	0	0
MOSAIC CO NEW	COM	61945C103	389,585	12,002	SH		DFND	1	12,002	0	0
MSC INDL DIRECT INC	CL A	553530106	409,024	4,215	SH		DFND	2	4,215	0	0
MURPHY OIL CORP	COM	626717102	745,184	16,306	SH		DFND	2	16,306	0	0
NASDAQ INC	COM	631103108	295,056	4,676	SH		DFND	2	4,676	0	0
NATIONAL FUEL GAS CO	COM	636180101	448,293	8,345	SH		DFND	2	8,345	0	0
NATIONAL STORAGE AFFILIATES	COM SHS BEN IN	637870106	928,014	23,698	SH		DFND	1	23,698	0	0
NATIONAL WESTN LIFE GROUP IN	CL A	638517102	4,636,231	9,424	SH		DFND	2	9,424	0	0
NETFLIX INC	COM	64110L106	536,880	884	SH		DFND	2	884	0	0
NETFLIX INC	COM	64110L106	1,396,859	2,300	SH	Put	DFND	2	2,300	0	0
NETSCOUT SYS INC	COM	64115T104	807,534	36,975	SH		DFND	1	36,975	0	0
NEW JERSEY RES CORP	COM	646025106	306,592	7,145	SH		DFND	2	7,145	0	0
NEW YORK TIMES CO	CL A	650111107	376,835	8,719	SH		DFND	2	8,719	0	0
NEWELL BRANDS INC	COM	651229106	341,243	42,496	SH		DFND	2	42,496	0	0
NIKE INC	CL B	654106103	755,223	8,036	SH		DFND	2	8,036	0	0
NRG ENERGY INC	COM NEW	629377508	411,961	6,086	SH		DFND	1	6,086	0	0
NU HLDGS LTD	ORD SHS CL A	G6683N103	446,468	37,424	SH		DFND	2	37,424	0	0
NUTANIX INC	CL A	67059N108	330,634	5,357	SH		DFND	2	5,357	0	0
NVIDIA CORPORATION	COM	67066G104	180,712	200	SH	Put	DFND	2	200	0	0
NVIDIA CORPORATION	COM	67066G104	199,687	221	SH		DFND	2	221	0	0
OCCIDENTAL PETE CORP	COM	674599105	292,650	4,503	SH		DFND	2	4,503	0	0
OLIN CORP	COM PAR $1	680665205	429,828	7,310	SH		DFND	1	7,310	0	0
OMNICOM GROUP INC	COM	681919106	571,658	5,908	SH		DFND	2	5,908	0	0
ONEMAIN HLDGS INC	COM	68268W103	144,176	2,822	SH		DFND	1	2,822	0	0
ONEMAIN HLDGS INC	COM	68268W103	141,111	2,762	SH		DFND	2	2,762	0	0
OREILLY AUTOMOTIVE INC	COM	67103H107	225,776	200	SH	Put	DFND	2	200	0	0
OREILLY AUTOMOTIVE INC	COM	67103H107	160,301	142	SH		DFND	2	142	0	0
OVINTIV INC	COM	69047Q102	413,799	7,973	SH		DFND	1	7,973	0	0
OWENS CORNING NEW	COM	690742101	425,340	2,550	SH		DFND	1	2,550	0	0
PACKAGING CORP AMER	COM	695156109	429,093	2,261	SH		DFND	1	2,261	0	0
PACKAGING CORP AMER	COM	695156109	106,467	561	SH		DFND	2	561	0	0
PAGSEGURO DIGITAL LTD	COM CL A	G68707101	175,844	12,314	SH		DFND	2	12,314	0	0
PARAMOUNT GLOBAL	CLASS B COM	92556H206	384,173	32,640	SH		DFND	1	32,640	0	0
PARK HOTELS & RESORTS INC	COM	700517105	1,335,606	76,364	SH		DFND	1	76,364	0	0
PEPSICO INC	COM	713448108	1,015,058	5,800	SH	Put	DFND	2	5,800	0	0
PEPSICO INC	COM	713448108	543,581	3,106	SH		DFND	2	3,106	0	0
PERFORMANCE FOOD GROUP CO	COM	71377A103	41,873	561	SH		DFND	2	561	0	0
PERFORMANCE FOOD GROUP CO	COM	71377A103	395,891	5,304	SH		DFND	1	5,304	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	5,445,332	358,010	SH		DFND	2	358,010	0	0
PFIZER INC	COM	717081103	40,182	1,448	SH		DFND	2	1,448	0	0
PFIZER INC	COM	717081103	872,738	31,450	SH		DFND	1	31,450	0	0
PG&E CORP	COM	69331C108	308,334	18,397	SH		DFND	2	18,397	0	0
PHILIP MORRIS INTL INC	COM	718172109	112,051	1,223	SH		DFND	2	1,223	0	0
PHILIP MORRIS INTL INC	COM	718172109	293,184	3,200	SH	Put	DFND	2	3,200	0	0
PHILLIPS 66	COM	718546104	216,589	1,326	SH		DFND	1	1,326	0	0
PINNACLE WEST CAP CORP	COM	723484101	385,607	5,160	SH		DFND	2	5,160	0	0
PIONEER NAT RES CO	COM	723787107	406,088	1,547	SH		DFND	1	1,547	0	0
PLAYTIKA HLDG CORP	COM	72815L107	179,655	25,483	SH		DFND	1	25,483	0	0
PNC FINL SVCS GROUP INC	COM	693475105	264,054	1,634	SH		DFND	2	1,634	0	0
POLARIS INC	COM	731068102	321,185	3,208	SH		DFND	2	3,208	0	0
PPG INDS INC	COM	693506107	511,062	3,527	SH		DFND	2	3,527	0	0
PPL CORP	COM	69351T106	350,952	12,748	SH		DFND	2	12,748	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,298,000	8,000	SH	Put	DFND	2	8,000	0	0
PROCTER AND GAMBLE CO	COM	742718109	472,635	2,913	SH		DFND	2	2,913	0	0
PROGRESSIVE CORP	COM	743315103	312,091	1,509	SH		DFND	2	1,509	0	0
RED ROCK RESORTS INC	CL A	75700L108	218,463	3,652	SH		DFND	2	3,652	0	0
REGENCY CTRS CORP	COM	758849103	309,219	5,106	SH		DFND	2	5,106	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	192,498	200	SH	Put	DFND	2	200	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	59,674	62	SH		DFND	2	62	0	0
RENAISSANCERE HLDGS LTD	COM	G7496G103	515,421	2,193	SH		DFND	1	2,193	0	0
REPUBLIC SVCS INC	COM	760759100	399,535	2,087	SH		DFND	2	2,087	0	0
RH	COM	74967X103	661,694	1,900	SH	Put	DFND	2	1,900	0	0
RH	COM	74967X103	17,413	50	SH		DFND	1	50	0	0
RH	COM	74967X103	128,856	370	SH		DFND	2	370	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	5,245,929	82,302	SH		DFND	2	82,302	0	0
RIOT PLATFORMS INC	COM	767292105	700,605	57,239	SH		DFND	1	57,239	0	0
RIOT PLATFORMS INC	COM	767292105	17,173	1,403	SH		DFND	2	1,403	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	192,912	17,286	SH		DFND	2	17,286	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	931,905	83,504	SH		DFND	1	83,504	0	0
RLI CORP	COM	749607107	164,059	1,105	SH		DFND	1	1,105	0	0
RLI CORP	COM	749607107	126,793	854	SH		DFND	2	854	0	0
ROPER TECHNOLOGIES INC	COM	776696106	274,251	489	SH		DFND	2	489	0	0
ROSS STORES INC	COM	778296103	416,652	2,839	SH		DFND	1	2,839	0	0
ROSS STORES INC	COM	778296103	374,385	2,551	SH		DFND	2	2,551	0	0
ROYAL GOLD INC	COM	780287108	308,179	2,530	SH		DFND	2	2,530	0	0
RUSH STREET INTERACTIVE INC	COM	782011100	128,501	19,739	SH		DFND	2	19,739	0	0
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	813,663	7,038	SH		DFND	1	7,038	0	0
SAIA INC	COM	78709Y105	243,360	416	SH		DFND	2	416	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	209,078	1,615	SH		DFND	1	1,615	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	423,649	1,955	SH		DFND	1	1,955	0	0
SCHLUMBERGER LTD	COM STK	806857108	1,096,200	20,000	SH	Put	DFND	2	20,000	0	0
SCHLUMBERGER LTD	COM STK	806857108	549,799	10,031	SH		DFND	2	10,031	0	0
SCHWAB CHARLES CORP	COM	808513105	230,692	3,189	SH		DFND	2	3,189	0	0
SCHWAB CHARLES CORP	COM	808513105	1,504,672	20,800	SH	Put	DFND	2	20,800	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	13,894,317	66,713	SH		DFND	1	66,713	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	629,255	9,585	SH		DFND		9,585	0	0
SELECT SECTOR SPDR TR	FINANCIAL	81369Y605	7,748,606	183,965	SH		DFND	1	183,965	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	33,809,750	515,000	SH	Call	DFND		515,000	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	66,634,750	1,015,000	SH	Put	DFND		1,015,000	0	0
SELECT WATER SOLUTIONS INC	CL A COM	81617J301	897,682	97,257	SH		DFND	1	97,257	0	0
SEMPRA	COM	816851109	519,403	7,231	SH		DFND	2	7,231	0	0
SFL CORPORATION LTD	SHS	G7738W106	888,846	67,439	SH		DFND	1	67,439	0	0
SHERWIN WILLIAMS CO	COM	824348106	388,315	1,118	SH		DFND	2	1,118	0	0
SHERWIN WILLIAMS CO	COM	824348106	395,609	1,139	SH		DFND	1	1,139	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	404,057	2,582	SH		DFND	2	2,582	0	0
SIRIUSPOINT LTD	COM	G8192H106	892,801	70,244	SH		DFND	1	70,244	0	0
SITE CTRS CORP	COM	82981J109	883,131	60,282	SH		DFND	1	60,282	0	0
SKECHERS U S A INC	CL A	830566105	178,083	2,907	SH		DFND	1	2,907	0	0
SKECHERS U S A INC	CL A	830566105	198,544	3,241	SH		DFND	2	3,241	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	209,816	1,937	SH		DFND	2	1,937	0	0
SLM CORP	COM	78442P106	393,026	18,037	SH		DFND	1	18,037	0	0
SLM CORP	COM	78442P106	261,807	12,015	SH		DFND	2	12,015	0	0
SM ENERGY CO	COM	78454L100	328,960	6,599	SH		DFND	2	6,599	0	0
SONOCO PRODS CO	COM	835495102	395,568	6,839	SH		DFND	2	6,839	0	0
SONOS INC	COM	83570H108	984,373	51,646	SH		DFND	1	51,646	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	430,264	56,763	SH		DFND	1	56,763	0	0
SPDR GOLD TR	GOLD SHS	78463V107	20,572,000	100,000	SH	Put	DFND		100,000	0	0
SPDR GOLD TR	GOLD SHS	78463V107	20,572,000	100,000	SH	Call	DFND		100,000	0	0
SPDR GOLD TR	GOLD SHS	78463V107	9,944,711	48,341	SH		DFND		48,341	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	13,076,750	25,000	SH	Call	DFND	2	25,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,877,789,394	3,589,939	SH		DFND	2	3,589,939	0	0
SPDR SER TR	S&P METALS MNG	78464A755	1,316,696	21,843	SH		DFND	2	21,843	0	0
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	43,789	1,214	SH		DFND	2	1,214	0	0
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	199,287	5,525	SH		DFND	1	5,525	0	0
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	62,017	235	SH		DFND	2	235	0	0
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	430,685	1,632	SH		DFND	1	1,632	0	0
SPX TECHNOLOGIES INC	COM	78473E103	274,087	2,226	SH		DFND	2	2,226	0	0
STANLEY BLACK & DECKER INC	COM	854502101	280,961	2,869	SH		DFND	2	2,869	0	0
STELLANTIS N.V	SHS	N82405106	1,474,187	55,957	SH		DFND	2	55,957	0	0
STONECO LTD	COM CL A	G85158106	145,188	8,741	SH		DFND	2	8,741	0	0
STONECO LTD	COM CL A	G85158106	808,143	48,654	SH		DFND	1	48,654	0	0
STRYKER CORPORATION	COM	863667101	296,674	829	SH		DFND	2	829	0	0
SUN CMNTYS INC	COM	866674104	386,897	3,009	SH		DFND	1	3,009	0	0
SUN CMNTYS INC	COM	866674104	183,484	1,427	SH		DFND	2	1,427	0	0
SUPERNUS PHARMACEUTICALS INC	COM	868459108	944,608	27,693	SH		DFND	1	27,693	0	0
TARGET CORP	COM	87612E106	159,489	900	SH	Put	DFND	2	900	0	0
TARGET CORP	COM	87612E106	61,137	345	SH		DFND	2	345	0	0
TD SYNNEX CORPORATION	COM	87162W100	415,303	3,672	SH		DFND	1	3,672	0	0
TELADOC HEALTH INC	COM	87918A105	417,908	27,676	SH		DFND	1	27,676	0	0
TELEDYNE TECHNOLOGIES INC	COM	879360105	257,592	600	SH		DFND	2	600	0	0
TEMPUR SEALY INTL INC	COM	88023U101	290,748	5,117	SH		DFND	2	5,117	0	0
TENET HEALTHCARE CORP	COM NEW	88033G407	53,606	510	SH		DFND	2	510	0	0
TENET HEALTHCARE CORP	COM NEW	88033G407	1,004,221	9,554	SH		DFND	1	9,554	0	0
TESLA INC	COM	88160R101	240,480	1,368	SH		DFND	2	1,368	0	0
TESLA INC	COM	88160R101	738,318	4,200	SH	Put	DFND	2	4,200	0	0
TEXAS INSTRS INC	COM	882508104	87,105	500	SH	Put	DFND	2	500	0	0
TEXAS INSTRS INC	COM	882508104	315,494	1,811	SH		DFND	2	1,811	0	0
TEXAS ROADHOUSE INC	COM	882681109	15,447	100	SH		DFND	2	100	0	0
TEXAS ROADHOUSE INC	COM	882681109	196,949	1,275	SH		DFND	1	1,275	0	0
TOLL BROTHERS INC	COM	889478103	323,425	2,500	SH		DFND	2	2,500	0	0
TPG INC	COM CL A	872657101	423,264	9,469	SH		DFND	1	9,469	0	0
TPG INC	COM CL A	872657101	81,220	1,817	SH		DFND	2	1,817	0	0
TRAVEL PLUS LEISURE CO	COM	894164102	917,217	18,734	SH		DFND	1	18,734	0	0
TRAVEL PLUS LEISURE CO	COM	894164102	31,677	647	SH		DFND	2	647	0	0
TRAVELERS COMPANIES INC	COM	89417E109	292,968	1,273	SH		DFND	2	1,273	0	0
TRAVELERS COMPANIES INC	COM	89417E109	395,150	1,717	SH		DFND	1	1,717	0	0
TYSON FOODS INC	CL A	902494103	41,111	700	SH		DFND	2	700	0	0
TYSON FOODS INC	CL A	902494103	383,389	6,528	SH		DFND	1	6,528	0	0
UIPATH INC	CL A	90364P105	401,962	17,731	SH		DFND	1	17,731	0	0
UIPATH INC	CL A	90364P105	49,330	2,176	SH		DFND	2	2,176	0	0
ULTA BEAUTY INC	COM	90384S303	408,892	782	SH		DFND	1	782	0	0
UNDER ARMOUR INC	CL C	904311206	813,489	113,934	SH		DFND	1	113,934	0	0
UNDER ARMOUR INC	CL A	904311107	4,805,738	651,184	SH		DFND	2	651,184	0	0
UNDER ARMOUR INC	CL A	904311107	813,608	110,245	SH		DFND	1	110,245	0	0
UNION PAC CORP	COM	907818108	44,370,199	180,418	SH		DFND	2	180,418	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	49,470	100	SH	Put	DFND	2	100	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	41,060	83	SH		DFND	2	83	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	197,880	400	SH	Call	DFND	2	400	0	0
UNITY SOFTWARE INC	COM	91332U101	115,958	4,343	SH		DFND	2	4,343	0	0
UNITY SOFTWARE INC	COM	91332U101	264,330	9,900	SH	Put	DFND	2	9,900	0	0
V F CORP	COM	918204108	374,480	24,412	SH		DFND	1	24,412	0	0
V F CORP	COM	918204108	53,245	3,471	SH		DFND	2	3,471	0	0
VALMONT INDS INC	COM	920253101	430,764	1,887	SH		DFND	1	1,887	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	13,499,400	60,000	SH	Put	DFND		60,000	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	632,400	20,000	SH	Put	DFND		20,000	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	179,096	5,664	SH		DFND		5,664	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	2,313,446	73,164	SH		DFND	2	73,164	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	30,373,650	135,000	SH	Call	DFND		135,000	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	33,201,000	1,050,000	SH	Call	DFND	2	1,050,000	0	0
VERISIGN INC	COM	92343E102	131,330	693	SH		DFND	2	693	0	0
VERISIGN INC	COM	92343E102	409,152	2,159	SH		DFND	1	2,159	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	553,872	13,200	SH	Put	DFND	2	13,200	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	344,030	8,199	SH		DFND	2	8,199	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	412,158	986	SH		DFND	1	986	0	0
VERVE THERAPEUTICS INC	COM	92539P101	643,642	48,467	SH		DFND	1	48,467	0	0
VIPER ENERGY INC	CL A	927959106	4,053,915	105,406	SH		DFND	2	105,406	0	0
VIR BIOTECHNOLOGY INC	COM	92764N102	97,603	9,635	SH		DFND	2	9,635	0	0
VIR BIOTECHNOLOGY INC	COM	92764N102	835,907	82,518	SH		DFND	1	82,518	0	0
VISA INC	COM CL A	92826C839	99,352	356	SH		DFND	2	356	0	0
VISA INC	COM CL A	92826C839	251,172	900	SH	Put	DFND	2	900	0	0
VISTEON CORP	COM NEW	92839U206	855,730	7,276	SH		DFND	1	7,276	0	0
VISTEON CORP	COM NEW	92839U206	13,643	116	SH		DFND	2	116	0	0
VULCAN MATLS CO	COM	929160109	371,171	1,360	SH		DFND	2	1,360	0	0
WABTEC	COM	929740108	218,374	1,499	SH		DFND	2	1,499	0	0
WELLS FARGO CO NEW	COM	949746101	416,037	7,178	SH		DFND	2	7,178	0	0
WELLTOWER INC	COM	95040Q104	400,297	4,284	SH		DFND	1	4,284	0	0
WELLTOWER INC	COM	95040Q104	125,490	1,343	SH		DFND	2	1,343	0	0
WENDYS CO	COM	95058W100	225,741	11,982	SH		DFND	2	11,982	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	411,394	6,409	SH		DFND	1	6,409	0	0
WESTERN DIGITAL CORP.	COM	958102105	573,216	8,400	SH	Put	DFND	2	8,400	0	0
WESTERN DIGITAL CORP.	COM	958102105	153,949	2,256	SH		DFND	2	2,256	0	0
WESTROCK CO	COM	96145D105	4,205,574	85,047	SH		DFND	2	85,047	0	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	426,108	11,866	SH		DFND	1	11,866	0	0
WORKDAY INC	CL A	98138H101	5,513,096	20,213	SH		DFND	2	20,213	0	0
WYNDHAM HOTELS & RESORTS INC	COM	98311A105	404,473	5,270	SH		DFND	1	5,270	0	0
WYNN RESORTS LTD	COM	983134107	256,904	2,513	SH		DFND	2	2,513	0	0
YUM BRANDS INC	COM	988498101	477,233	3,442	SH		DFND	2	3,442	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	360,923	7,399	SH		DFND	2	7,399	0	0

Capula Management 13F-HRQuarterly holdings report by institutional manager