ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 170695016 1587270 SH DFND 1 1558143 0 29127 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 182742722 1699300 SH Call DFND 1 1578500 0 120800 ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 14845646 222440 SH DFND 1 206530 0 15910 ASE TECHNOLOGY HLDG CO LTD SPONSORED ADS 00215W100 65119539 1464677 SH DFND 1 1439494 0 25183 BP PLC SPONSORED ADR 055622104 59270894 1347372 SH DFND 1 1261672 0 85700 COPA HOLDINGS SA CL A P31076105 29860729 226475 SH DFND 1 220561 0 5914 ELDORADO GOLD CORP NEW COM 284902509 198210721 5149668 SH DFND 1 4988164 0 161504 EMBRAER S.A. SPONSORED ADS 29082A107 30359308 403071 SH DFND 1 392548 0 10523 GDS HLDGS LTD SPONSORED ADS 36165L108 107250066 3434200 SH DFND 1 3287455 0 146745 HALLIBURTON CO COM 406216101 14057794 442069 SH DFND 1 413443 0 28626 ICICI BK LTD ADR 45104G104 63967601 2321873 SH DFND 1 2302033 0 19840 INTEL CORP COM 458140100 23700098 197123 SH DFND 1 182103 0 15020 INVESCO QQQ TR UNIT SER 1 46090E103 724012899 978700 SH Put DFND 1 978700 0 0 ISHARES INC MSCI STH KOR ETF 464286772 54048046 295700 SH Call DFND 1 295700 0 0 ISHARES SILVER TR ISHARES 46428Q109 119365998 2189800 SH Call DFND 1 2189800 0 0 ISHARES TR 20 YR TR BD ETF 464287432 29306337 376785 SH DFND 1 376785 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 162099330 2427000 SH Put DFND 1 2427000 0 0 ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 185230682 21715203 SH DFND 1 21002350 0 712853 KRANESHARES TRUST CSI CHI INTERNET 500767306 27328650 1115000 SH Call DFND 1 1115000 0 0 MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 16023645 339484 SH DFND 1 309321 0 30163 MICRON TECHNOLOGY INC COM 595112103 45799730 43000 SH Put DFND 1 41100 0 1900 NXP SEMICONDUCTORS N V COM N6596X109 16979357 71483 SH DFND 1 64690 0 6793 PETROLEO BRASILEIRO S A SPONSORED ADR 71654V408 84687204 4057844 SH DFND 1 3871433 0 186411 SEA LTD SPONSORD ADS 81141R100 120235511 1234958 SH DFND 1 1168464 0 66494 SHELL PLC SPON ADS 780259305 53964447 567748 SH DFND 1 532200 0 35548 SPDR GOLD TR GOLD SHS 78463V107 225304944 591600 SH Call DFND 1 591600 0 0 TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 231338511 507110 SH DFND 1 495905 0 11205 TENARIS S A SPONSORED ADS 88031M109 16106269 291886 SH DFND 1 270786 0 21100 VANECK ETF TRUST GOLD MINERS ETF 92189F106 22197508 252819 SH DFND 1 252819 0 0 VNET GROUP INC SPONSORED ADS A 90138A103 8142932 1467195 SH DFND 1 1395437 0 71758