Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	iShares Gold Trust	1,915,700	$23.03M	7.2%	$12.29	—	ETP	464285105
RSP	Invesco S&P 500 Equal Weight E	206,000	$20.99M	6.6%	$101.89	—	ETP	46137V357
DBA	Invesco DB Agriculture Fund	1,061,200	$19.13M	6.0%	$18.03	—	ETP	46140H106
IJH	iShares Core S&P Mid-Cap ETF	84,700	$16.5M	5.2%	$194.77	—	ETP	464287507
EWP	iShares MSCI Spain ETF	536,400	$16.28M	5.1%	$32.40	—	ETP	464286764
SLV	iShares Silver Trust	1,057,500	$16.02M	5.0%	$15.15	—	ETP	46428Q109
EWQ	iShares MSCI France ETF	517,900	$15.81M	4.9%	$30.52	—	ETP	464286707
CGW	Invesco S&P Global Water Index	451,970	$15.14M	4.7%	$33.49	—	ETP	46138E263
USCI	United States Commodity Index	334,100	$14.61M	4.6%	$42.11	—	ETP	911717106
—	United States Oil Fund LP	835,300	$12.58M	3.9%	$12.25	—	ETP	91232N108
—	ETFS Physical Platinum Shares	154,200	$12.51M	3.9%	$88.14	—	ETP	26922V101
VO	Vanguard Mid-Cap ETF	66,500	$10.48M	3.3%	$157.64	—	ETP	922908629
PHO	Invesco Water Resources ETF	309,000	$9.334M	2.9%	$30.21	—	ETP	46137V142
DBB	Invesco DB Base Metals Fund	510,200	$8.974M	2.8%	$17.59	—	ETP	46140H700
IJK	iShares S&P Mid-Cap 400 Growth	27,000	$6.069M	1.9%	$224.78	—	ETP	464287606
VOX	Vanguard Communication Service	71,200	$6.046M	1.9%	$84.92	—	ETP	92204A884
VGT	Vanguard Information Technolog	33,300	$6.04M	1.9%	$170.99	—	ETP	92204A702
IVW	iShares S&P 500 Growth ETF	37,000	$6.016M	1.9%	$155.05	—	ETP	464287309
IVV	iShares Core S&P 500 ETF	21,600	$5.897M	1.8%	$268.67	—	ETP	464287200
SPY	SPDR S&P 500 ETF Trust	21,700	$5.886M	1.8%	$266.69	—	ETP	78462F103
VFH	Vanguard Financials ETF	86,100	$5.807M	1.8%	$60.34	—	ETP	92204A405
—	United States Natural Gas Fund	220,425	$5.224M	1.6%	$22.55	—	ETP	912318300
BTU	Peabody Energy Corp	30,900	$1.405M	0.4%	$34.66	+3.3%	Common Stock	704551100
MU	Micron Technology Inc	25,000	$1.311M	0.4%	$48.00	+9.9%	Common Stock	595112103
OMF	OneMain Holdings Inc	38,600	$1.284M	0.4%	$27.63	+17.1%	Common Stock	68268W103
CBRE	CBRE Group Inc	26,500	$1.265M	0.4%	$47.29	0.0%	Common Stock	12504L109
JLL	Jones Lang LaSalle Inc	7,600	$1.261M	0.4%	$158.88	+5.9%	Common Stock	48020Q107
—	Trinseo SA	17,700	$1.255M	0.4%	$67.06	—	Common Stock	L9340P101
F	Ford Motor Co	112,100	$1.24M	0.4%	$7.95	-2.6%	Common Stock	345370860
AMGN	Amgen Inc	6,700	$1.236M	0.4%	$144.43	-2.9%	Common Stock	031162100
BFH	Alliance Data Systems Corp	5,300	$1.235M	0.4%	$161.55	-7.3%	Common Stock	018581108
PPC	Pilgrim's Pride Corp	60,300	$1.213M	0.4%	$25.77	-16.6%	Common Stock	72147K108
MPC	Marathon Petroleum Corp	17,270	$1.211M	0.4%	$47.48	+26.4%	Common Stock	56585A102
—	United States Steel Corp	34,800	$1.209M	0.4%	$34.74	—	Common Stock	912909108
GILD	Gilead Sciences Inc	16,900	$1.197M	0.4%	$52.31	+0.8%	Common Stock	375558103
—	Juniper Networks Inc	43,200	$1.184M	0.4%	$27.41	—	Common Stock	48203R104
SYF	Synchrony Financial	35,400	$1.181M	0.4%	$25.93	+9.4%	Common Stock	87165B103
KLAC	KLA-Tencor Corp	11,400	$1.168M	0.4%	$92.93	+4.4%	Common Stock	482480100
COF	Capital One Financial Corp	12,700	$1.167M	0.4%	$82.96	0.0%	Common Stock	14040H105
LPX	Louisiana-Pacific Corp	42,700	$1.162M	0.4%	$25.49	+13.0%	Common Stock	546347105
WDC	Western Digital Corp	15,000	$1.161M	0.4%	$59.81	-2.2%	Common Stock	958102105
BIIB	Biogen Inc	4,000	$1.16M	0.4%	$281.15	0.0%	Common Stock	09062X103
THG	Hanover Insurance Group Inc/Th	9,700	$1.159M	0.4%	$94.08	0.0%	Common Stock	410867105
—	Lam Research Corp	6,700	$1.158M	0.4%	$119.64	—	Common Stock	512807108
CMI	Cummins Inc	8,700	$1.157M	0.4%	$122.60	0.0%	Common Stock	231021106
—	Cigna Corp	6,800	$1.155M	0.4%	$169.85	—	Common Stock	125509109
—	Berry Global Group Inc	25,100	$1.153M	0.4%	$53.75	—	Common Stock	08579W103
—	Seagate Technology PLC	20,380	$1.15M	0.4%	$44.91	—	Common Stock	G7945M107
HCA	HCA Healthcare Inc	11,200	$1.149M	0.4%	$69.62	+35.7%	Common Stock	40412C101
PSX	Phillips 66	10,200	$1.145M	0.4%	$83.14	0.0%	Common Stock	718546104
TER	Teradyne Inc	30,000	$1.142M	0.4%	$43.80	-14.4%	Common Stock	880770102
FCX	Freeport-McMoRan Inc	66,100	$1.14M	0.4%	$12.74	+21.0%	Common Stock	35671D857
EVR	Evercore Inc	10,800	$1.138M	0.4%	$79.15	+10.0%	Common Stock	29977A105
PBF	PBF Energy Inc	26,900	$1.127M	0.4%	$41.85	0.0%	Common Stock	69318G106
DAL	Delta Air Lines Inc	22,700	$1.124M	0.4%	$49.40	0.0%	Common Stock	247361702
PRU	Prudential Financial Inc	12,000	$1.122M	0.4%	$76.73	-9.2%	Common Stock	744320102
DXC	DXC Technology Co	13,900	$1.12M	0.3%	$82.10	0.0%	Common Stock	23355L106
ON	ON Semiconductor Corp	50,300	$1.118M	0.3%	$24.17	0.0%	Common Stock	682189105
IBM	International Business Machine	8,000	$1.117M	0.3%	$107.30	-6.8%	Common Stock	459200101
MKSI	MKS Instruments Inc	11,600	$1.11M	0.3%	$102.60	0.0%	Common Stock	55306N104
HAL	Halliburton Co	24,500	$1.103M	0.3%	$42.64	0.0%	Common Stock	406216101
HUN	Huntsman Corp	37,400	$1.092M	0.3%	$24.90	+24.2%	Common Stock	447011107
—	Foot Locker Inc	20,750	$1.092M	0.3%	$48.55	—	Common Stock	344849104
HRB	H&R Block Inc	47,900	$1.091M	0.3%	$19.67	0.0%	Common Stock	093671105
LYB	LyondellBasell Industries NV	9,900	$1.087M	0.3%	$63.47	+7.7%	Common Stock	N53745100
VLO	Valero Energy Corp	9,800	$1.086M	0.3%	$42.78	+93.0%	Common Stock	91913Y100
CVS	CVS Health Corp	16,800	$1.081M	0.3%	$59.49	-13.1%	Common Stock	126650100
—	Discover Financial Services	15,340	$1.08M	0.3%	$76.92	—	Common Stock	254709108
GM	General Motors Co	26,900	$1.059M	0.3%	$37.58	-6.8%	Common Stock	37045V100
CC	Chemours Co/The	23,700	$1.051M	0.3%	$36.67	0.0%	Common Stock	163851108
AA	Alcoa Corp	22,200	$1.04M	0.3%	$47.30	+1.5%	Common Stock	013872106
—	Realogy Holdings Corp	45,600	$1.039M	0.3%	$31.10	—	Common Stock	75605Y106
—	Michaels Cos Inc/The	54,000	$1.035M	0.3%	$19.69	—	Common Stock	59408Q106
—	Lazard Ltd	21,100	$1.032M	0.3%	$46.32	—	Common Stock	G54050102
—	Fiat Chrysler Automobiles NV	52,600	$993K	0.3%	$18.88	—	Common Stock	N31738102
VYX	NCR Corp	32,700	$980K	0.3%	$26.36	-28.4%	Common Stock	62886E108