# EDGAR Filing Document

**Accession Number:** 0001778131
**File Stem:** 0001778131-25-000005
**Filing Date:** 2025-8
**Character Count:** 76043
**Document Hash:** b0138a4211dea8bb6ba1b96159cd5c89
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001778131-25-000005.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001778131-25-000005

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BI Asset Management Fondsmaeglerselskab A/S
- **CENTRAL INDEX KEY:** 0001778131

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** G7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20206
- **FILM NUMBER:** 251214083

**BUSINESS ADDRESS:**
- **STREET 1:** BREDGADE 40
- **CITY:** KOBENHAVN
- **STATE:** G7
- **ZIP:** 1260
- **BUSINESS PHONE:** 004577309000

**MAIL ADDRESS:**
- **STREET 1:** BREDGADE 40
- **CITY:** KOBENHAVN
- **STATE:** G7
- **ZIP:** 1260

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** BI Asset Management Fondsmaeglerselskab A/S<br>**Address:** BREDGADE 40<br>KOBENHAVN, G7 1260

**Form 13F File Number:** 028-20206

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Andrea Panzieri<br>**Title:** CIO<br>**Phone:** 004577309196

**Signature, Place, and Date of Signing:**

Andrea Panzieri  Copenhagen, G7  08-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 739

**Form 13F Information Table Value Total:** $10159025

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| LOWES COS INC COM | COM | 548661107 |  | 27656 | 135810 | SH |  | DFND |  | 135810 | 0 | 0 |
| MERCK  CO INC COM | COM | 58933Y105 |  | 78569 | 992534 | SH |  | DFND |  | 830158 | 0 | 162376 |
| CME GROUP INC COM | COM | 12572Q105 |  | 4401 | 15969 | SH |  | DFND |  | 15969 | 0 | 0 |
| MOODYS CORP COM | COM | 615369105 |  | 11443 | 22813 | SH |  | DFND |  | 16899 | 0 | 5914 |
| INCYTE CORP COM | COM | 45337C102 |  | 742 | 10895 | SH |  | DFND |  | 10895 | 0 | 0 |
| CUMMINS INC COM | COM | 231021106 |  | 3800 | 11603 | SH |  | DFND |  | 11603 | 0 | 0 |
| D R HORTON INC COM | COM | 23331A109 |  | 2592 | 20102 | SH |  | DFND |  | 20102 | 0 | 0 |
| INTEL CORP COM | COM | 458140100 |  | 6434 | 287226 | SH |  | DFND |  | 287226 | 0 | 0 |
| IQVIA HLDGS INC COM | COM | 46266C105 |  | 1189 | 7545 | SH |  | DFND |  | 7545 | 0 | 0 |
| DOVER CORP COM | COM | 260003108 |  | 1314 | 7169 | SH |  | DFND |  | 7169 | 0 | 0 |
| BANK NEW YORK MELLON CORP COM | COM | 064058100 |  | 3484 | 38235 | SH |  | DFND |  | 38235 | 0 | 0 |
| QUALCOMM INC COM | COM | 747525103 |  | 47076 | 295591 | SH |  | DFND |  | 232323 | 0 | 63268 |
| PARAMOUNT GLOBAL CLASS A COM | COM | 92556H107 |  | 208 | 9043 | SH |  | DFND |  | 9043 | 0 | 0 |
| HUBBELL INC COM | COM | 443510607 |  | 966 | 2365 | SH |  | DFND |  | 2365 | 0 | 0 |
| DAVITA INC COM | COM | 23918K108 |  | 13197 | 92641 | SH |  | DFND |  | 55275 | 0 | 37366 |
| SERVICE CORP INTL COM | COM | 817565104 |  | 26134 | 351722 | SH |  | DFND |  | 351722 | 0 | 0 |
| PAYCHEX INC COM | COM | 704326107 |  | 47886 | 340135 | SH |  | DFND |  | 281177 | 0 | 58958 |
| AVERY DENNISON CORP COM | COM | 053611109 |  | 25005 | 156642 | SH |  | DFND |  | 156642 | 0 | 0 |
| ALIBABA GROUP HLDG LTD SPONSORED ADS | SPONSORED ADS | 01609W102 |  | 12151 | 107142 | SH |  | DFND |  | 77394 | 0 | 29748 |
| VIPSHOP HLDGS LTD SPONSORED ADS A | SPONSORED ADS A | 92763W103 |  | 1815 | 120567 | SH |  | DFND |  | 86580 | 0 | 33987 |
| LUMEN TECHNOLOGIES INC COM | COM | 550241103 |  | 2057 | 469675 | SH |  | DFND |  | 469675 | 0 | 0 |
| WELLTOWER INC COM | COM | 95040Q104 |  | 21487 | 139772 | SH |  | DFND |  | 139772 | 0 | 0 |
| MARVELL TECHNOLOGY INC COM | COM | 573874104 |  | 10946 | 141423 | SH |  | DFND |  | 141423 | 0 | 0 |
| MCKESSON CORP COM | COM | 58155Q103 |  | 21196 | 28926 | SH |  | DFND |  | 28926 | 0 | 0 |
| GILEAD SCIENCES INC COM | COM | 375558103 |  | 59755 | 538969 | SH |  | DFND |  | 454989 | 0 | 83980 |
| HOWMET AEROSPACE INC COM | COM | 443201108 |  | 13729 | 73762 | SH |  | DFND |  | 36375 | 0 | 37387 |
| OKTA INC CL A | CL A | 679295105 |  | 5890 | 58917 | SH |  | DFND |  | 58917 | 0 | 0 |
| TESLA INC COM | COM | 88160R101 |  | 85574 | 269390 | SH |  | DFND |  | 269390 | 0 | 0 |
| ALLSTATE CORP COM | COM | 020002101 |  | 5583 | 27733 | SH |  | DFND |  | 27733 | 0 | 0 |
| UBER TECHNOLOGIES INC COM | COM | 90353T100 |  | 51412 | 551038 | SH |  | DFND |  | 303143 | 0 | 247895 |
| AUTOMATIC DATA PROCESSING IN COM | COM | 053015103 |  | 45330 | 146985 | SH |  | DFND |  | 112829 | 0 | 34156 |
| BAKER HUGHES COMPANY CL A | CL A | 05722G100 |  | 7527 | 196322 | SH |  | DFND |  | 196322 | 0 | 0 |
| MATSON INC COM | COM | 57686G105 |  | 5951 | 53448 | SH |  | DFND |  | 53448 | 0 | 0 |
| EXELIXIS INC COM | COM | 30161Q104 |  | 3389 | 76892 | SH |  | DFND |  | 76892 | 0 | 0 |
| SKYWEST INC COM | COM | 830879102 |  | 3577 | 34740 | SH |  | DFND |  | 34740 | 0 | 0 |
| STRIDE INC COM | COM | 86333M108 |  | 52 | 358 | SH |  | DFND |  | 358 | 0 | 0 |
| ALASKA AIR GROUP INC COM | COM | 011659109 |  | 5609 | 113366 | SH |  | DFND |  | 113366 | 0 | 0 |
| INSMED INC COM PAR $.01 | COM | 457669307 |  | 8565 | 85102 | SH |  | DFND |  | 85102 | 0 | 0 |
| JACKSON FINANCIAL INC COM CL A | COM CL A | 46817M107 |  | 6351 | 71533 | SH |  | DFND |  | 71533 | 0 | 0 |
| PILGRIMS PRIDE CORP COM | COM | 72147K108 |  | 9664 | 214848 | SH |  | DFND |  | 214848 | 0 | 0 |
| UNITED AIRLS HLDGS INC COM | COM | 910047109 |  | 10614 | 133289 | SH |  | DFND |  | 133289 | 0 | 0 |
| EQT CORP COM | COM | 26884L109 |  | 7468 | 128060 | SH |  | DFND |  | 128060 | 0 | 0 |
| VERTIV HOLDINGS CO COM CL A | COM CL A | 92537N108 |  | 18417 | 143422 | SH |  | DFND |  | 106029 | 0 | 37393 |
| HESS MIDSTREAM LP CL A SHS | CL A | 428103105 |  | 4740 | 123083 | SH |  | DFND |  | 123083 | 0 | 0 |
| OWENS CORNING NEW COM | NEW COM | 690742101 |  | 2167 | 15760 | SH |  | DFND |  | 15760 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC COM | COM | 12008R107 |  | 1901 | 16289 | SH |  | DFND |  | 16289 | 0 | 0 |
| WEC ENERGY GROUP INC COM | COM | 92939U106 |  | 1367 | 13120 | SH |  | DFND |  | 13120 | 0 | 0 |
| M  T BK CORP COM | COM | 55261F104 |  | 1578 | 8137 | SH |  | DFND |  | 8137 | 0 | 0 |
| BROWN FORMAN CORP CL B | CL B | 115637209 |  | 249 | 9266 | SH |  | DFND |  | 9266 | 0 | 0 |
| MARKEL GROUP INC COM | COM | 570535104 |  | 1232 | 617 | SH |  | DFND |  | 617 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC COM NEW | COM NEW | 12541W209 |  | 589 | 6140 | SH |  | DFND |  | 6140 | 0 | 0 |
| COTERRA ENERGY INC COM | COM | 127097103 |  | 686 | 27036 | SH |  | DFND |  | 27036 | 0 | 0 |
| SIMON PPTY GROUP INC NEW COM | COM | 828806109 |  | 2333 | 14513 | SH |  | DFND |  | 14513 | 0 | 0 |
| MONGODB INC CL A | CL A | 60937P106 |  | 869 | 4138 | SH |  | DFND |  | 4138 | 0 | 0 |
| STARBUCKS CORP COM | COM | 855244109 |  | 4406 | 48081 | SH |  | DFND |  | 48081 | 0 | 0 |
| CHURCH  DWIGHT CO INC COM | COM | 171340102 |  | 1066 | 11093 | SH |  | DFND |  | 11093 | 0 | 0 |
| SYNOPSYS INC COM | COM | 871607107 |  | 48305 | 94221 | SH |  | DFND |  | 44988 | 0 | 49233 |
| CLOROX CO DEL COM | COM | 189054109 |  | 12959 | 107926 | SH |  | DFND |  | 50554 | 0 | 57372 |
| CLOUDFLARE INC CL A COM | COM | 18915M107 |  | 2495 | 12742 | SH |  | DFND |  | 12742 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC COM | COM | 43300A203 |  | 2611 | 9804 | SH |  | DFND |  | 9804 | 0 | 0 |
| OCCIDENTAL PETE CORP COM | COM | 674599105 |  | 1142 | 27195 | SH |  | DFND |  | 27195 | 0 | 0 |
| HUMANA INC COM | COM | 444859102 |  | 3917 | 16021 | SH |  | DFND |  | 5313 | 0 | 10708 |
| OMNICOM GROUP INC COM | COM | 681919106 |  | 620 | 8620 | SH |  | DFND |  | 8620 | 0 | 0 |
| COPART INC COM | COM | 217204106 |  | 1717 | 34996 | SH |  | DFND |  | 34996 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO COM | COM | 039483102 |  | 967 | 18315 | SH |  | DFND |  | 18315 | 0 | 0 |
| ATMOS ENERGY CORP COM | COM | 049560105 |  | 1071 | 6951 | SH |  | DFND |  | 6951 | 0 | 0 |
| DOLLAR GEN CORP NEW COM | COM | 256677105 |  | 1314 | 11486 | SH |  | DFND |  | 11486 | 0 | 0 |
| DUPONT DE NEMOURS INC COM | COM | 26614N102 |  | 1275 | 18589 | SH |  | DFND |  | 18589 | 0 | 0 |
| KINDER MORGAN INC DEL COM | COM | 49456B101 |  | 2437 | 82908 | SH |  | DFND |  | 82908 | 0 | 0 |
| UNITED PARCEL SERVICE INC CL B | CL B | 911312106 |  | 5198 | 51498 | SH |  | DFND |  | 42913 | 0 | 8585 |
| BAXTER INTL INC COM | COM | 071813109 |  | 737 | 24356 | SH |  | DFND |  | 24356 | 0 | 0 |
| VEEVA SYS INC CL A COM | COM | 922475108 |  | 1975 | 6858 | SH |  | DFND |  | 6858 | 0 | 0 |
| REGENCY CTRS CORP COM | COM | 758849103 |  | 731 | 10267 | SH |  | DFND |  | 10267 | 0 | 0 |
| RELIANCE INC COM | COM | 759509102 |  | 775 | 2469 | SH |  | DFND |  | 2469 | 0 | 0 |
| ZILLOW GROUP INC CL A | CL A | 98954M101 |  | 630 | 9204 | SH |  | DFND |  | 9204 | 0 | 0 |
| CENTERPOINT ENERGY INC COM | COM | 15189T107 |  | 1155 | 31444 | SH |  | DFND |  | 31444 | 0 | 0 |
| DRAFTKINGS INC NEW COM CL A | COM CL A | 26142V105 |  | 808 | 18848 | SH |  | DFND |  | 18848 | 0 | 0 |
| CROWN HLDGS INC COM | COM | 228368106 |  | 641 | 6222 | SH |  | DFND |  | 6222 | 0 | 0 |
| U HAUL HOLDING COMPANY COM SER N | COM SER N | 023586506 |  | 242 | 4453 | SH |  | DFND |  | 4453 | 0 | 0 |
| ALBERTSONS COS INC COMMON STOCK | COMMON STOCK | 013091103 |  | 206 | 9598 | SH |  | DFND |  | 9598 | 0 | 0 |
| ATLASSIAN CORPORATION CL A | CL A | 049468101 |  | 1435 | 7066 | SH |  | DFND |  | 7066 | 0 | 0 |
| COOPER COS INC COM | COM | 216648501 |  | 14728 | 206973 | SH |  | DFND |  | 9645 | 0 | 197328 |
| GSK PLC SPONSORED ADR | SPONSORED ADR | 37733W204 |  | 4656 | 121249 | SH |  | DFND |  | 121249 | 0 | 0 |
| WASTE CONNECTIONS INC COM | COM | 94106B101 |  | 12115 | 64881 | SH |  | DFND |  | 5241 | 0 | 59640 |
| KKR REAL ESTATE FIN TR INC COM | COM | 48251K100 |  | 2058 | 234707 | SH |  | DFND |  | 234707 | 0 | 0 |
| CHIMERA INVT CORP COM SHS | COM SHS | 16934Q802 |  | 1288 | 92876 | SH |  | DFND |  | 92876 | 0 | 0 |
| MOHAWK INDS INC COM | COM | 608190104 |  | 11 | 106 | SH |  | DFND |  | 106 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL COM | COM | 00790R104 |  | 99 | 859 | SH |  | DFND |  | 859 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | SPONSORED ADR | 874039100 |  | 10374 | 45803 | SH |  | DFND |  | 45803 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK COM | COM | 06417N103 |  | 35 | 744 | SH |  | DFND |  | 744 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN COM | COM | 008252108 |  | 43 | 216 | SH |  | DFND |  | 216 | 0 | 0 |
| COHEN  STEERS INC COM | COM | 19247A100 |  | 27 | 363 | SH |  | DFND |  | 363 | 0 | 0 |
| COMERICA INC COM | COM | 200340107 |  | 56 | 932 | SH |  | DFND |  | 932 | 0 | 0 |
| JOYY INC ADS REPSTG COM A | COM A | 46591M109 |  | 123 | 2419 | SH |  | DFND |  | 2419 | 0 | 0 |
| SOUTHSTATE CORPORATION COM | COM | 840441109 |  | 66 | 720 | SH |  | DFND |  | 720 | 0 | 0 |
| CADENCE BANK COM | COM | 12740C103 |  | 42 | 1303 | SH |  | DFND |  | 1303 | 0 | 0 |
| ZIONS BANCORPORATION N A COM | COM | 989701107 |  | 54 | 1049 | SH |  | DFND |  | 1049 | 0 | 0 |
| STIFEL FINL CORP COM | COM | 860630102 |  | 75 | 723 | SH |  | DFND |  | 723 | 0 | 0 |
| INGREDION INC COM | COM | 457187102 |  | 1055 | 7777 | SH |  | DFND |  | 7777 | 0 | 0 |
| BIOGEN INC COM | COM | 09062X103 |  | 832 | 6626 | SH |  | DFND |  | 6626 | 0 | 0 |
| LULULEMON ATHLETICA INC COM | COM | 550021109 |  | 11623 | 48922 | SH |  | DFND |  | 28720 | 0 | 20202 |
| CBOE GLOBAL MKTS INC COM | COM | 12503M108 |  | 1480 | 6348 | SH |  | DFND |  | 6348 | 0 | 0 |
| FISERV INC COM | COM | 337738108 |  | 44741 | 259501 | SH |  | DFND |  | 255103 | 0 | 4398 |
| SHERWIN WILLIAMS CO COM | COM | 824348106 |  | 17217 | 50144 | SH |  | DFND |  | 21799 | 0 | 28345 |
| FOX CORP CL A COM | CL A COM | 35137L105 |  | 6860 | 122404 | SH |  | DFND |  | 122404 | 0 | 0 |
| AIRBNB INC COM CL A | COM CL A | 009066101 |  | 9297 | 70253 | SH |  | DFND |  | 19946 | 0 | 50307 |
| AIR PRODS  CHEMS INC COM | COM | 009158106 |  | 2787 | 9881 | SH |  | DFND |  | 9881 | 0 | 0 |
| HUNTINGTON BANCSHARES INC COM | COM | 446150104 |  | 1687 | 100632 | SH |  | DFND |  | 100632 | 0 | 0 |
| AMERICAN EXPRESS CO COM | COM | 025816109 |  | 29228 | 91630 | SH |  | DFND |  | 50517 | 0 | 41113 |
| PALO ALTO NETWORKS INC COM | COM | 697435105 |  | 9651 | 47160 | SH |  | DFND |  | 47160 | 0 | 0 |
| AMGEN INC COM | COM | 031162100 |  | 23150 | 82911 | SH |  | DFND |  | 44724 | 0 | 38187 |
| INTERNATIONAL BUSINESS MACHS COM | COM | 459200101 |  | 81837 | 277621 | SH |  | DFND |  | 237897 | 0 | 39724 |
| INTUITIVE SURGICAL INC COM NEW | COM NEW | 46120E602 |  | 20729 | 38146 | SH |  | DFND |  | 14410 | 0 | 23736 |
| TRUIST FINL CORP COM | COM | 89832Q109 |  | 3321 | 77261 | SH |  | DFND |  | 77261 | 0 | 0 |
| DOMINOS PIZZA INC COM | COM | 25754A201 |  | 967 | 2146 | SH |  | DFND |  | 2146 | 0 | 0 |
| KEURIG DR PEPPER INC COM | COM | 49271V100 |  | 2118 | 64065 | SH |  | DFND |  | 64065 | 0 | 0 |
| RAYMOND JAMES FINL INC COM | COM | 754730109 |  | 1703 | 11104 | SH |  | DFND |  | 11104 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL COM | COM | 91307C102 |  | 11666 | 40600 | SH |  | DFND |  | 22010 | 0 | 18590 |
| TORO CO COM | COM | 891092108 |  | 146 | 2064 | SH |  | DFND |  | 2064 | 0 | 0 |
| JABIL INC COM | COM | 466313103 |  | 8447 | 38729 | SH |  | DFND |  | 38729 | 0 | 0 |
| DECKERS OUTDOOR CORP COM | COM | 243537107 |  | 11818 | 114659 | SH |  | DFND |  | 47988 | 0 | 66671 |
| CHART INDS INC COM | COM | 16115Q308 |  | 5998 | 36428 | SH |  | DFND |  | 36428 | 0 | 0 |
| BLOCK INC CL A | CL A | 852234103 |  | 18312 | 269578 | SH |  | DFND |  | 269578 | 0 | 0 |
| HALOZYME THERAPEUTICS INC COM | COM | 40637H109 |  | 23146 | 444947 | SH |  | DFND |  | 444947 | 0 | 0 |
| COMFORT SYS USA INC COM | COM | 199908104 |  | 8694 | 16213 | SH |  | DFND |  | 16213 | 0 | 0 |
| AMAZON COM INC COM | COM | 023135106 |  | 300251 | 1405662 | SH |  | DFND |  | 1123783 | 0 | 281879 |
| KKR  CO INC COM | COM | 48251W104 |  | 27658 | 207905 | SH |  | DFND |  | 80121 | 0 | 127784 |
| ULTA BEAUTY INC COM | COM | 90384S303 |  | 19105 | 40838 | SH |  | DFND |  | 21740 | 0 | 19098 |
| VERISK ANALYTICS INC COM | COM | 92345Y106 |  | 3980 | 12777 | SH |  | DFND |  | 12777 | 0 | 0 |
| ENCOMPASS HEALTH CORP COM | COM | 29261A100 |  | 63 | 510 | SH |  | DFND |  | 510 | 0 | 0 |
| BOYD GAMING CORP COM | COM | 103304101 |  | 4971 | 63539 | SH |  | DFND |  | 63539 | 0 | 0 |
| GAMING  LEISURE PPTYS INC COM | COM | 36467J108 |  | 2545 | 54520 | SH |  | DFND |  | 54520 | 0 | 0 |
| GLOBE LIFE INC COM | COM | 37959E102 |  | 1728 | 13900 | SH |  | DFND |  | 13900 | 0 | 0 |
| OLD REP INTL CORP COM | COM | 680223104 |  | 55 | 1420 | SH |  | DFND |  | 1420 | 0 | 0 |
| ABERCROMBIE  FITCH CO CL A | CL A | 002896207 |  | 6553 | 79095 | SH |  | DFND |  | 79095 | 0 | 0 |
| PTC THERAPEUTICS INC COM | COM | 69366J200 |  | 6160 | 126120 | SH |  | DFND |  | 126120 | 0 | 0 |
| CONCENTRIX CORP COM | COM | 20602D101 |  | 3068 | 58047 | SH |  | DFND |  | 58047 | 0 | 0 |
| DILLARDS INC CL A | CL A | 254067101 |  | 55 | 132 | SH |  | DFND |  | 132 | 0 | 0 |
| PERMIAN RESOURCES CORP CLASS A COM | COM | 71424F105 |  | 6162 | 452405 | SH |  | DFND |  | 452405 | 0 | 0 |
| SOFI TECHNOLOGIES INC COM | COM | 83406F102 |  | 8150 | 447551 | SH |  | DFND |  | 447551 | 0 | 0 |
| MAPLEBEAR INC COM | COM | 565394103 |  | 5568 | 123076 | SH |  | DFND |  | 123076 | 0 | 0 |
| IONQ INC COM | COM | 46222L108 |  | 5457 | 126999 | SH |  | DFND |  | 126999 | 0 | 0 |
| OLD NATL BANCORP IND COM | COM | 680033107 |  | 3400 | 159314 | SH |  | DFND |  | 159314 | 0 | 0 |
| ARISTA NETWORKS INC COM SHS | COM SHS | 040413205 |  | 48968 | 478624 | SH |  | DFND |  | 419897 | 0 | 58727 |
| ZOOM COMMUNICATIONS INC CL A | CL A | 98980L101 |  | 3545 | 45461 | SH |  | DFND |  | 45461 | 0 | 0 |
| CHEVRON CORP NEW COM | COM | 166764100 |  | 9481 | 66215 | SH |  | DFND |  | 66215 | 0 | 0 |
| EXTRA SPACE STORAGE INC COM | COM | 30225T102 |  | 1787 | 12119 | SH |  | DFND |  | 12119 | 0 | 0 |
| FAIR ISAAC CORP COM | COM | 303250104 |  | 14349 | 7850 | SH |  | DFND |  | 7850 | 0 | 0 |
| FASTENAL CO COM | COM | 311900104 |  | 4221 | 100496 | SH |  | DFND |  | 46724 | 0 | 53772 |
| MARRIOTT INTL INC NEW CL A | CL A | 571903202 |  | 2613 | 9564 | SH |  | DFND |  | 9564 | 0 | 0 |
| CBRE GROUP INC CL A | CL A | 12504L109 |  | 1874 | 13373 | SH |  | DFND |  | 13373 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL COM SHS | COM | 31620R303 |  | 485 | 8652 | SH |  | DFND |  | 8652 | 0 | 0 |
| SCHLUMBERGER LTD COM STK | COM STK | 806857108 |  | 1963 | 58067 | SH |  | DFND |  | 58067 | 0 | 0 |
| MID-AMER APT CMNTYS INC COM | COM | 59522J103 |  | 978 | 6606 | SH |  | DFND |  | 6606 | 0 | 0 |
| GALLAGHER ARTHUR J  CO COM | COM | 363576109 |  | 3199 | 9993 | SH |  | DFND |  | 9993 | 0 | 0 |
| GENERAL MLS INC COM | COM | 370334104 |  | 1960 | 37831 | SH |  | DFND |  | 24177 | 0 | 13654 |
| GENUINE PARTS CO COM | COM | 372460105 |  | 707 | 5825 | SH |  | DFND |  | 5825 | 0 | 0 |
| STEEL DYNAMICS INC COM | COM | 858119100 |  | 18474 | 144319 | SH |  | DFND |  | 118252 | 0 | 26067 |
| HEICO CORP NEW COM | COM | 422806109 |  | 1572 | 4794 | SH |  | DFND |  | 4794 | 0 | 0 |
| NORTHERN TR CORP COM | COM | 665859104 |  | 1185 | 9343 | SH |  | DFND |  | 9343 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT ORD | ORD | M22465104 |  | 497 | 2245 | SH |  | DFND |  | 2245 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN COM | COM | 015271109 |  | 331 | 4563 | SH |  | DFND |  | 4563 | 0 | 0 |
| HORMEL FOODS CORP COM | COM | 440452100 |  | 503 | 16629 | SH |  | DFND |  | 16629 | 0 | 0 |
| ONEOK INC NEW COM | COM | 682680103 |  | 1964 | 24054 | SH |  | DFND |  | 24054 | 0 | 0 |
| AMERICAN INTL GROUP INC COM NEW | COM NEW | 026874784 |  | 2218 | 25918 | SH |  | DFND |  | 25918 | 0 | 0 |
| PNC FINL SVCS GROUP INC COM | COM | 693475105 |  | 3397 | 18220 | SH |  | DFND |  | 18220 | 0 | 0 |
| AMETEK INC COM | COM | 031100100 |  | 1696 | 9372 | SH |  | DFND |  | 9372 | 0 | 0 |
| PAYCOM SOFTWARE INC COM | COM | 70432V102 |  | 662 | 2860 | SH |  | DFND |  | 2860 | 0 | 0 |
| TRANSUNION COM | COM | 89400J107 |  | 690 | 7845 | SH |  | DFND |  | 7845 | 0 | 0 |
| DEVON ENERGY CORP NEW COM | COM | 25179M103 |  | 903 | 28399 | SH |  | DFND |  | 28399 | 0 | 0 |
| KELLANOVA COM | COM | 487836108 |  | 798 | 10034 | SH |  | DFND |  | 10034 | 0 | 0 |
| TYLER TECHNOLOGIES INC COM | COM | 902252105 |  | 1270 | 2142 | SH |  | DFND |  | 2142 | 0 | 0 |
| POOL CORP COM | COM | 73278L105 |  | 393 | 1347 | SH |  | DFND |  | 1347 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN COM | COM | 74251V102 |  | 741 | 9324 | SH |  | DFND |  | 9324 | 0 | 0 |
| BALL CORP COM | COM | 058498106 |  | 850 | 15147 | SH |  | DFND |  | 15147 | 0 | 0 |
| VERISIGN INC COM | COM | 92343E102 |  | 1108 | 3835 | SH |  | DFND |  | 3835 | 0 | 0 |
| CAMDEN PPTY TR SH BEN INT | TR SH BEN INT | 133131102 |  | 431 | 3824 | SH |  | DFND |  | 3824 | 0 | 0 |
| CARLYLE GROUP INC COM | COM | 14316J108 |  | 605 | 11775 | SH |  | DFND |  | 11775 | 0 | 0 |
| GRACO INC COM | COM | 384109104 |  | 596 | 6933 | SH |  | DFND |  | 6933 | 0 | 0 |
| ARES MANAGEMENT CORPORATION CL A COM STK | COM | 03990B101 |  | 1720 | 9933 | SH |  | DFND |  | 9933 | 0 | 0 |
| KENVUE INC COM | COM | 49177J102 |  | 1627 | 77720 | SH |  | DFND |  | 77720 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN COM CL A | COM CL A | 45841N107 |  | 549 | 9916 | SH |  | DFND |  | 9916 | 0 | 0 |
| JD.COM INC SPON ADS CL A | CL A | 47215P106 |  | 4061 | 124413 | SH |  | DFND |  | 124413 | 0 | 0 |
| CARETRUST REIT INC COM | COM | 14174T107 |  | 380 | 12422 | SH |  | DFND |  | 12422 | 0 | 0 |
| BAIN CAP SPECIALTY FIN INC COM STK | COM STK | 05684B107 |  | 661 | 43977 | SH |  | DFND |  | 43977 | 0 | 0 |
| PROSPECT CAP CORP COM | COM | 74348T102 |  | 1655 | 520592 | SH |  | DFND |  | 520592 | 0 | 0 |
| NEW MTN FIN CORP COM | COM | 647551100 |  | 2116 | 200607 | SH |  | DFND |  | 200607 | 0 | 0 |
| ACUITY INC COM | COM | 00508Y102 |  | 81 | 271 | SH |  | DFND |  | 271 | 0 | 0 |
| EVERCORE INC CLASS A | CL A | 29977A105 |  | 73 | 270 | SH |  | DFND |  | 270 | 0 | 0 |
| FIRST HORIZON CORPORATION COM | COM | 320517105 |  | 80 | 3772 | SH |  | DFND |  | 3772 | 0 | 0 |
| ASSOCIATED BANC CORP COM | COM | 045487105 |  | 28 | 1164 | SH |  | DFND |  | 1164 | 0 | 0 |
| UMB FINL CORP COM | COM | 902788108 |  | 36 | 345 | SH |  | DFND |  | 345 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC COM | COM | 09061G101 |  | 773 | 14071 | SH |  | DFND |  | 14071 | 0 | 0 |
| REGENERON PHARMACEUTICALS COM | COM | 75886F107 |  | 2617 | 4984 | SH |  | DFND |  | 4984 | 0 | 0 |
| REPUBLIC SVCS INC COM | COM | 760759100 |  | 5812 | 23567 | SH |  | DFND |  | 23567 | 0 | 0 |
| ROKU INC COM CL A | CL A | 77543R102 |  | 270 | 3077 | SH |  | DFND |  | 3077 | 0 | 0 |
| WASTE MGMT INC DEL COM | COM | 94106L109 |  | 5745 | 25106 | SH |  | DFND |  | 21590 | 0 | 3516 |
| MASTERCARD INCORPORATED CL A | CL A | 57636Q104 |  | 152607 | 271572 | SH |  | DFND |  | 154274 | 0 | 117298 |
| ZOETIS INC CL A | CL A | 98978V103 |  | 57242 | 367052 | SH |  | DFND |  | 175088 | 0 | 191964 |
| THE CIGNA GROUP COM | COM | 125523100 |  | 12536 | 37921 | SH |  | DFND |  | 25991 | 0 | 11930 |
| METLIFE INC COM | COM | 59156R108 |  | 2061 | 25625 | SH |  | DFND |  | 25625 | 0 | 0 |
| STANLEY BLACK  DECKER INC COM | COM | 854502101 |  | 77 | 1142 | SH |  | DFND |  | 1142 | 0 | 0 |
| AFLAC INC COM | COM | 001055102 |  | 2467 | 23389 | SH |  | DFND |  | 23389 | 0 | 0 |
| SYSCO CORP COM | COM | 871829107 |  | 19202 | 253530 | SH |  | DFND |  | 137337 | 0 | 116193 |
| NVIDIA CORPORATION COM | COM | 67066G104 |  | 804942 | 5152270 | SH |  | DFND |  | 3781564 | 0 | 1370706 |
| COMCAST CORP NEW CL A | CL A | 20030N101 |  | 13912 | 389806 | SH |  | DFND |  | 230450 | 0 | 159356 |
| ORACLE CORP COM | COM | 68389X105 |  | 58923 | 269508 | SH |  | DFND |  | 199402 | 0 | 70106 |
| ALNYLAM PHARMACEUTICALS INC COM | COM | 02043Q107 |  | 2254 | 6912 | SH |  | DFND |  | 6912 | 0 | 0 |
| TRAVELERS COMPANIES INC COM | COM | 89417E109 |  | 17103 | 68603 | SH |  | DFND |  | 68603 | 0 | 0 |
| DELL TECHNOLOGIES INC CL C | CL C | 24703L202 |  | 11764 | 95955 | SH |  | DFND |  | 95955 | 0 | 0 |
| JPMORGAN CHASE  CO. COM | COM | 46625H100 |  | 213928 | 744490 | SH |  | DFND |  | 649350 | 0 | 95140 |
| AXON ENTERPRISE INC COM | COM | 05464C101 |  | 21089 | 25472 | SH |  | DFND |  | 25472 | 0 | 0 |
| PRUDENTIAL FINL INC COM | COM | 744320102 |  | 1723 | 16036 | SH |  | DFND |  | 16036 | 0 | 0 |
| ERIE INDTY CO CL A | CL A | 29530P102 |  | 610 | 1760 | SH |  | DFND |  | 1760 | 0 | 0 |
| UIPATH INC CL A | CL A | 90364P105 |  | 267 | 20849 | SH |  | DFND |  | 20849 | 0 | 0 |
| JOHNSON  JOHNSON COM | COM | 478160104 |  | 49973 | 327158 | SH |  | DFND |  | 276691 | 0 | 50467 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | CL B NEW | 084670702 |  | 78104 | 160783 | SH |  | DFND |  | 160783 | 0 | 0 |
| BOSTON SCIENTIFIC CORP COM | COM | 101137107 |  | 19392 | 180544 | SH |  | DFND |  | 180544 | 0 | 0 |
| NRG ENERGY INC COM NEW | COM NEW | 629377508 |  | 1439 | 8964 | SH |  | DFND |  | 8964 | 0 | 0 |
| T-MOBILE US INC COM | COM | 872590104 |  | 15931 | 66863 | SH |  | DFND |  | 49785 | 0 | 17078 |
| CONSTELLATION ENERGY CORP COM | COM | 21037T109 |  | 10500 | 32533 | SH |  | DFND |  | 32533 | 0 | 0 |
| CROCS INC COM | COM | 227046109 |  | 5894 | 58195 | SH |  | DFND |  | 58195 | 0 | 0 |
| AMERIPRISE FINL INC COM | COM | 03076C106 |  | 48628 | 91109 | SH |  | DFND |  | 73089 | 0 | 18020 |
| KLA CORP COM NEW | COM NEW | 482480100 |  | 85808 | 95796 | SH |  | DFND |  | 83125 | 0 | 12671 |
| TAPESTRY INC COM | COM | 876030107 |  | 6555 | 74648 | SH |  | DFND |  | 74648 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I COM | COM | 01973R101 |  | 6312 | 66451 | SH |  | DFND |  | 66451 | 0 | 0 |
| DOORDASH INC CL A | CL A | 25809K105 |  | 10272 | 41669 | SH |  | DFND |  | 41669 | 0 | 0 |
| EXPAND ENERGY CORPORATION COM | COM | 165167735 |  | 4527 | 38713 | SH |  | DFND |  | 38713 | 0 | 0 |
| HIMS  HERS HEALTH INC COM CL A | COM CL A | 433000106 |  | 5268 | 105678 | SH |  | DFND |  | 105678 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS | SPONSORED ADS | 881624209 |  | 5137 | 306506 | SH |  | DFND |  | 306506 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC COM | COM | 98956P102 |  | 810 | 8884 | SH |  | DFND |  | 8884 | 0 | 0 |
| ANALOG DEVICES INC COM | COM | 032654105 |  | 5649 | 23734 | SH |  | DFND |  | 23734 | 0 | 0 |
| PULTE GROUP INC COM | COM | 745867101 |  | 2819 | 26735 | SH |  | DFND |  | 10134 | 0 | 16601 |
| NEWS CORP NEW CL A | CL A | 65249B109 |  | 848 | 28534 | SH |  | DFND |  | 28534 | 0 | 0 |
| ESSEX PPTY TR INC COM | COM | 297178105 |  | 763 | 2692 | SH |  | DFND |  | 2692 | 0 | 0 |
| WATERS CORP COM | COM | 941848103 |  | 1057 | 3027 | SH |  | DFND |  | 3027 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC COM | COM | 955306105 |  | 932 | 4259 | SH |  | DFND |  | 4259 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN COM | COM | 11133T103 |  | 4060 | 16706 | SH |  | DFND |  | 16706 | 0 | 0 |
| WILLIAMS COS INC COM | COM | 969457100 |  | 3122 | 49711 | SH |  | DFND |  | 49711 | 0 | 0 |
| FIRSTENERGY CORP COM | COM | 337932107 |  | 860 | 21355 | SH |  | DFND |  | 21355 | 0 | 0 |
| CMS ENERGY CORP COM | COM | 125896100 |  | 833 | 12022 | SH |  | DFND |  | 12022 | 0 | 0 |
| GARTNER INC COM | COM | 366651107 |  | 2186 | 5409 | SH |  | DFND |  | 5409 | 0 | 0 |
| GLOBAL PMTS INC COM | COM | 37940X102 |  | 807 | 10087 | SH |  | DFND |  | 10087 | 0 | 0 |
| CINCINNATI FINL CORP COM | COM | 172062101 |  | 1222 | 8204 | SH |  | DFND |  | 8204 | 0 | 0 |
| HALLIBURTON CO COM | COM | 406216101 |  | 654 | 32069 | SH |  | DFND |  | 32069 | 0 | 0 |
| NIKE INC CL B | CL B | 654106103 |  | 3393 | 47757 | SH |  | DFND |  | 47757 | 0 | 0 |
| HENRY JACK  ASSOC INC COM | COM | 426281101 |  | 687 | 3811 | SH |  | DFND |  | 3811 | 0 | 0 |
| HERSHEY CO COM | COM | 427866108 |  | 9177 | 55297 | SH |  | DFND |  | 6372 | 0 | 48925 |
| HONEYWELL INTL INC COM | COM | 438516106 |  | 6086 | 26135 | SH |  | DFND |  | 26135 | 0 | 0 |
| INGERSOLL RAND INC COM | COM | 45687V106 |  | 1320 | 15872 | SH |  | DFND |  | 15872 | 0 | 0 |
| TEXTRON INC COM | COM | 883203101 |  | 589 | 7339 | SH |  | DFND |  | 7339 | 0 | 0 |
| INSULET CORP COM | COM | 45784P101 |  | 1128 | 3591 | SH |  | DFND |  | 3591 | 0 | 0 |
| INTUIT COM | COM | 461202103 |  | 48398 | 61447 | SH |  | DFND |  | 18469 | 0 | 42978 |
| 3M CO COM | COM | 88579Y101 |  | 3289 | 21606 | SH |  | DFND |  | 21606 | 0 | 0 |
| TRIMBLE INC COM | COM | 896239100 |  | 923 | 12154 | SH |  | DFND |  | 12154 | 0 | 0 |
| JUNIPER NETWORKS INC COM | COM | 48203R104 |  | 577 | 14456 | SH |  | DFND |  | 14456 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC COM | COM | 49338L103 |  | 1235 | 7535 | SH |  | DFND |  | 7535 | 0 | 0 |
| TYSON FOODS INC CL A | CL A | 902494103 |  | 795 | 14216 | SH |  | DFND |  | 14216 | 0 | 0 |
| PRICE T ROWE GROUP INC COM | COM | 74144T108 |  | 1087 | 11267 | SH |  | DFND |  | 11267 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN COM | COM | 744573106 |  | 1572 | 18673 | SH |  | DFND |  | 18673 | 0 | 0 |
| BROWN  BROWN INC COM | COM | 115236101 |  | 1278 | 11525 | SH |  | DFND |  | 11525 | 0 | 0 |
| PURE STORAGE INC CL A | CL A | 74624M102 |  | 914 | 15880 | SH |  | DFND |  | 15880 | 0 | 0 |
| BENTLEY SYS INC COM CL B | COM CL B | 08265T208 |  | 769 | 14252 | SH |  | DFND |  | 14252 | 0 | 0 |
| NUTANIX INC CL A | CL A | 67059N108 |  | 944 | 12356 | SH |  | DFND |  | 12356 | 0 | 0 |
| LABCORP HOLDINGS INC COM SHS | COM SHS | 504922105 |  | 1093 | 4165 | SH |  | DFND |  | 4165 | 0 | 0 |
| MOSAIC CO NEW COM | COM | 61945C103 |  | 5082 | 139306 | SH |  | DFND |  | 139306 | 0 | 0 |
| BLUE OWL CAPITAL CORPORATION COM | COM | 69121K104 |  | 37 | 2599 | SH |  | DFND |  | 2599 | 0 | 0 |
| SERIES PORTFOLIOS TR ELDRIDGE BBB B | COM | 81752T528 |  | 1283 | 47999 | SH |  | DFND |  | 47999 | 0 | 0 |
| CRESCENT CAP BDC INC COM | COM | 225655109 |  | 901 | 63893 | SH |  | DFND |  | 63893 | 0 | 0 |
| WHITEHORSE FIN INC COM | COM | 96524V106 |  | 423 | 48487 | SH |  | DFND |  | 48487 | 0 | 0 |
| MONROE CAP CORP COM | COM | 610335101 |  | 650 | 102236 | SH |  | DFND |  | 102236 | 0 | 0 |
| PENNANTPARK INVT CORP COM | COM | 708062104 |  | 609 | 89022 | SH |  | DFND |  | 89022 | 0 | 0 |
| ORMAT TECHNOLOGIES INC COM | COM | 686688102 |  | 24 | 283 | SH |  | DFND |  | 283 | 0 | 0 |
| PINNACLE FINL PARTNERS INC COM | COM | 72346Q104 |  | 60 | 542 | SH |  | DFND |  | 542 | 0 | 0 |
| COMMERCE BANCSHARES INC COM | COM | 200525103 |  | 59 | 953 | SH |  | DFND |  | 953 | 0 | 0 |
| TPG INC COM CL A | COM CL A | 872657101 |  | 38 | 731 | SH |  | DFND |  | 731 | 0 | 0 |
| ARM HOLDINGS PLC SPONSORED ADS | SPONSORED ADS | 042068205 |  | 118 | 730 | SH |  | DFND |  | 730 | 0 | 0 |
| POPULAR INC COM NEW | COM NEW | 733174700 |  | 56 | 508 | SH |  | DFND |  | 508 | 0 | 0 |
| ELI LILLY  CO COM | COM | 532457108 |  | 115351 | 149137 | SH |  | DFND |  | 95012 | 0 | 54125 |
| WABTEC COM | COM | 929740108 |  | 2254 | 10765 | SH |  | DFND |  | 10765 | 0 | 0 |
| WARNER BROS DISCOVERY INC COM SER A | COM SER A | 934423104 |  | 15855 | 1383489 | SH |  | DFND |  | 1383489 | 0 | 0 |
| BORGWARNER INC COM | COM | 099724106 |  | 644 | 19250 | SH |  | DFND |  | 19250 | 0 | 0 |
| S GLOBAL INC COM | COM | 78409V104 |  | 35669 | 72120 | SH |  | DFND |  | 72120 | 0 | 0 |
| BROADCOM INC COM | COM | 11135F101 |  | 245911 | 905292 | SH |  | DFND |  | 657031 | 0 | 248261 |
| WEYERHAEUSER CO MTN BE COM NEW | COM NEW | 962166104 |  | 2965 | 115396 | SH |  | DFND |  | 115396 | 0 | 0 |
| MICROSOFT CORP COM | COM | 594918104 |  | 587157 | 1200806 | SH |  | DFND |  | 806847 | 0 | 393959 |
| SNAP ON INC COM | COM | 833034101 |  | 1086 | 3489 | SH |  | DFND |  | 3489 | 0 | 0 |
| CARDINAL HEALTH INC COM | COM | 14149Y108 |  | 10894 | 64847 | SH |  | DFND |  | 64847 | 0 | 0 |
| ALPHABET INC CAP STK CL A | CL A | 02079K305 |  | 312856 | 1802900 | SH |  | DFND |  | 1318697 | 0 | 484203 |
| PACCAR INC COM | COM | 693718108 |  | 6394 | 67267 | SH |  | DFND |  | 58540 | 0 | 8727 |
| DANAHER CORPORATION COM | COM | 235851102 |  | 7026 | 35567 | SH |  | DFND |  | 35567 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN COM | COM | 45866F104 |  | 23188 | 126384 | SH |  | DFND |  | 25201 | 0 | 101183 |
| THERMO FISHER SCIENTIFIC INC COM | COM | 883556102 |  | 26442 | 65214 | SH |  | DFND |  | 19113 | 0 | 46101 |
| DEXCOM INC COM | COM | 252131107 |  | 5165 | 59176 | SH |  | DFND |  | 23521 | 0 | 35655 |
| AECOM COM | COM | 00766T100 |  | 31931 | 312617 | SH |  | DFND |  | 312617 | 0 | 0 |
| FIDELITY NATL INFORMATION SV COM | COM | 31620M106 |  | 20605 | 278288 | SH |  | DFND |  | 278288 | 0 | 0 |
| ELEVANCE HEALTH INC COM | COM | 036752103 |  | 47854 | 130114 | SH |  | DFND |  | 72145 | 0 | 57969 |
| ATOUR LIFESTYLE HLDGS LTD SPONSORED ADS | SPONSORED ADS | 04965M106 |  | 1889 | 58120 | SH |  | DFND |  | 41107 | 0 | 17013 |
| BERKLEY W R CORP COM | COM | 084423102 |  | 992 | 13498 | SH |  | DFND |  | 13498 | 0 | 0 |
| RESMED INC COM | COM | 761152107 |  | 18706 | 72503 | SH |  | DFND |  | 36364 | 0 | 36139 |
| EXELON CORP COM | COM | 30161N101 |  | 5003 | 115214 | SH |  | DFND |  | 115214 | 0 | 0 |
| EXPEDIA GROUP INC COM NEW | COM | 30212P303 |  | 33125 | 196375 | SH |  | DFND |  | 142941 | 0 | 53434 |
| WELLS FARGO CO NEW COM | COM | 949746101 |  | 23103 | 288359 | SH |  | DFND |  | 288359 | 0 | 0 |
| GRAINGER W W INC COM | COM | 384802104 |  | 24627 | 23674 | SH |  | DFND |  | 15518 | 0 | 8156 |
| CONOCOPHILLIPS COM | COM | 20825C104 |  | 5209 | 58043 | SH |  | DFND |  | 58043 | 0 | 0 |
| ILLINOIS TOOL WKS INC COM | COM | 452308109 |  | 18618 | 75302 | SH |  | DFND |  | 45050 | 0 | 30252 |
| PAYPAL HLDGS INC COM | COM | 70450Y103 |  | 20053 | 269822 | SH |  | DFND |  | 157339 | 0 | 112483 |
| DELTA AIR LINES INC DEL COM NEW | COM NEW | 247361702 |  | 7687 | 156299 | SH |  | DFND |  | 156299 | 0 | 0 |
| KIMBERLY-CLARK CORP COM | COM | 494368103 |  | 3482 | 27011 | SH |  | DFND |  | 27011 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC N CL A | CL A | 31946M103 |  | 15041 | 7688 | SH |  | DFND |  | 3134 | 0 | 4554 |
| CARNIVAL CORP UNIT 99/99/9999 | UNIT | 143658300 |  | 11963 | 425415 | SH |  | DFND |  | 425415 | 0 | 0 |
| GRAND CANYON ED INC COM | COM | 38526M106 |  | 52 | 273 | SH |  | DFND |  | 273 | 0 | 0 |
| BRIGHTHOUSE FINL INC COM | COM | 10922N103 |  | 5338 | 99273 | SH |  | DFND |  | 99273 | 0 | 0 |
| APPLOVIN CORP COM CL A | COM CL A | 03831W108 |  | 24801 | 70845 | SH |  | DFND |  | 63042 | 0 | 7803 |
| SPROUTS FMRS MKT INC COM | COM | 85208M102 |  | 20192 | 122643 | SH |  | DFND |  | 122643 | 0 | 0 |
| NEXTRACKER INC CLASS A COM | COM CL A | 65290E101 |  | 52 | 963 | SH |  | DFND |  | 963 | 0 | 0 |
| GE VERNOVA INC COM | COM | 36828A101 |  | 6495 | 12274 | SH |  | DFND |  | 12274 | 0 | 0 |
| PRIMO BRANDS CORPORATION CLASS A COM SHS | COM SHS | 741623102 |  | 5343 | 180382 | SH |  | DFND |  | 180382 | 0 | 0 |
| D-WAVE QUANTUM INC COM | COM | 26740W109 |  | 2518 | 172013 | SH |  | DFND |  | 172013 | 0 | 0 |
| CORNING INC COM | COM | 219350105 |  | 4839 | 92009 | SH |  | DFND |  | 92009 | 0 | 0 |
| SEMTECH CORP COM | COM | 816850101 |  | 776 | 17202 | SH |  | DFND |  | 17202 | 0 | 0 |
| NETAPP INC COM | COM | 64110D104 |  | 26688 | 250476 | SH |  | DFND |  | 164579 | 0 | 85897 |
| EMERSON ELEC CO COM | COM | 291011104 |  | 3183 | 23876 | SH |  | DFND |  | 23876 | 0 | 0 |
| VULCAN MATLS CO COM | COM | 929160109 |  | 1397 | 5358 | SH |  | DFND |  | 5358 | 0 | 0 |
| EVERGY INC COM | COM | 30034W106 |  | 755 | 10957 | SH |  | DFND |  | 10957 | 0 | 0 |
| CDW CORP COM | COM | 12514G108 |  | 8819 | 49380 | SH |  | DFND |  | 5053 | 0 | 44327 |
| FIFTH THIRD BANCORP COM | COM | 316773100 |  | 1247 | 30316 | SH |  | DFND |  | 30316 | 0 | 0 |
| MCCORMICK  CO INC COM NON VTG | COM NON VTG | 579780206 |  | 908 | 11981 | SH |  | DFND |  | 11981 | 0 | 0 |
| SEMPRA COM | COM | 816851109 |  | 1817 | 23982 | SH |  | DFND |  | 23982 | 0 | 0 |
| YUM BRANDS INC COM | COM | 988498101 |  | 1646 | 11109 | SH |  | DFND |  | 11109 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL COM | COM | 592688105 |  | 1016 | 865 | SH |  | DFND |  | 865 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. COM | COM | 595017104 |  | 2241 | 31842 | SH |  | DFND |  | 31842 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC COM | COM | 127387108 |  | 3987 | 12939 | SH |  | DFND |  | 12939 | 0 | 0 |
| MOLINA HEALTHCARE INC COM | COM | 60855R100 |  | 4966 | 16670 | SH |  | DFND |  | 3804 | 0 | 12866 |
| MONOLITHIC PWR SYS INC COM | COM | 609839105 |  | 1521 | 2079 | SH |  | DFND |  | 2079 | 0 | 0 |
| CITIZENS FINL GROUP INC COM | COM | 174610105 |  | 1115 | 24906 | SH |  | DFND |  | 24906 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC COM | COM | 42250P103 |  | 524 | 29924 | SH |  | DFND |  | 29924 | 0 | 0 |
| NUCOR CORP COM | COM | 670346105 |  | 1474 | 11378 | SH |  | DFND |  | 11378 | 0 | 0 |
| HUNT J B TRANS SVCS INC COM | COM | 445658107 |  | 544 | 3785 | SH |  | DFND |  | 3785 | 0 | 0 |
| AMERICAN ELEC PWR CO INC COM | COM | 025537101 |  | 2288 | 22050 | SH |  | DFND |  | 22050 | 0 | 0 |
| AMERICAN HOMES 4 RENT CL A | CL A | 02665T306 |  | 682 | 18912 | SH |  | DFND |  | 18912 | 0 | 0 |
| ILLUMINA INC COM | COM | 452327109 |  | 594 | 6222 | SH |  | DFND |  | 6222 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW COM | COM | 030420103 |  | 1005 | 7225 | SH |  | DFND |  | 7225 | 0 | 0 |
| KEYCORP COM | COM | 493267108 |  | 915 | 52534 | SH |  | DFND |  | 52534 | 0 | 0 |
| PUBLIC STORAGE OPER CO COM | COM | 74460D109 |  | 1753 | 5976 | SH |  | DFND |  | 5976 | 0 | 0 |
| WP CAREY INC COM | COM | 92936U109 |  | 684 | 10960 | SH |  | DFND |  | 10960 | 0 | 0 |
| ENTEGRIS INC COM | COM | 29362U104 |  | 381 | 4730 | SH |  | DFND |  | 4730 | 0 | 0 |
| LPL FINL HLDGS INC COM | COM | 50212V100 |  | 12147 | 32395 | SH |  | DFND |  | 11072 | 0 | 21323 |
| COREBRIDGE FINL INC COM | COM | 21871X109 |  | 343 | 9673 | SH |  | DFND |  | 9673 | 0 | 0 |
| SUPER MICRO COMPUTER INC COM NEW | COM NEW | 86800U302 |  | 1147 | 23411 | SH |  | DFND |  | 23411 | 0 | 0 |
| WEST FRASER TIMBER CO LTD COM | COM | 952845105 |  | 181 | 2473 | SH |  | DFND |  | 2473 | 0 | 0 |
| FRANKLIN STR PPTYS CORP COM | COM | 35471R106 |  | 638 | 388772 | SH |  | DFND |  | 388772 | 0 | 0 |
| ARES CAPITAL CORP COM | COM | 04010L103 |  | 39 | 1778 | SH |  | DFND |  | 1778 | 0 | 0 |
| ARES COML REAL ESTATE CORP COM | COM | 04013V108 |  | 2164 | 453704 | SH |  | DFND |  | 453704 | 0 | 0 |
| GOLUB CAP BDC INC COM | COM | 38173M102 |  | 37 | 2494 | SH |  | DFND |  | 2494 | 0 | 0 |
| OXFORD LANE CAP CORP COM | COM | 691543102 |  | 261 | 62164 | SH |  | DFND |  | 62164 | 0 | 0 |
| BLACKROCK TCP CAPITAL CORP COM | COM | 09259E108 |  | 3219 | 417991 | SH |  | DFND |  | 417991 | 0 | 0 |
| PORTMAN RIDGE FIN CORP COM NEW | NEW COM | 73688F201 |  | 347 | 27714 | SH |  | DFND |  | 27714 | 0 | 0 |
| SLR INVESTMENT CORP COM | COM | 83413U100 |  | 1072 | 66404 | SH |  | DFND |  | 66404 | 0 | 0 |
| LOUISIANA PAC CORP COM | COM | 546347105 |  | 2684 | 31212 | SH |  | DFND |  | 31212 | 0 | 0 |
| NIO INC SPON ADS | ADS | 62914V106 |  | 23 | 6725 | SH |  | DFND |  | 6725 | 0 | 0 |
| TETRA TECH INC NEW COM | COM | 88162G103 |  | 136 | 3792 | SH |  | DFND |  | 3792 | 0 | 0 |
| KB HOME COM | COM | 48666K109 |  | 58 | 1086 | SH |  | DFND |  | 1086 | 0 | 0 |
| RAYONIER INC COM | COM | 754907103 |  | 27 | 1234 | SH |  | DFND |  | 1234 | 0 | 0 |
| COGNEX CORP COM | COM | 192422103 |  | 81 | 2540 | SH |  | DFND |  | 2540 | 0 | 0 |
| ALLY FINL INC COM | COM | 02005N100 |  | 86 | 2219 | SH |  | DFND |  | 2219 | 0 | 0 |
| SLM CORP COM | COM | 78442P106 |  | 50 | 1537 | SH |  | DFND |  | 1537 | 0 | 0 |
| WESTERN ALLIANCE BANCORP COM | COM | 957638109 |  | 59 | 761 | SH |  | DFND |  | 761 | 0 | 0 |
| FRANKLIN RESOURCES INC COM | COM | 354613101 |  | 66 | 2768 | SH |  | DFND |  | 2768 | 0 | 0 |
| HANCOCK WHITNEY CORPORATION COM | COM | 410120109 |  | 35 | 612 | SH |  | DFND |  | 612 | 0 | 0 |
| HAMILTON LANE INC CL A | CL A | 407497106 |  | 42 | 299 | SH |  | DFND |  | 299 | 0 | 0 |
| BGC GROUP INC CL A | CL A | 088929104 |  | 35 | 3470 | SH |  | DFND |  | 3470 | 0 | 0 |
| PIPER SANDLER COMPANIES COM | COM | 724078100 |  | 32 | 114 | SH |  | DFND |  | 114 | 0 | 0 |
| MOELIS  CO CL A | CL A | 60786M105 |  | 31 | 503 | SH |  | DFND |  | 503 | 0 | 0 |
| NELNET INC CL A | CL A | 64031N108 |  | 31 | 259 | SH |  | DFND |  | 259 | 0 | 0 |
| EMBRAER S.A. SPONSORED ADS | SPONSORED ADS | 29082A107 |  | 336 | 5901 | SH |  | DFND |  | 5901 | 0 | 0 |
| WALMART INC COM | COM | 931142103 |  | 87094 | 890711 | SH |  | DFND |  | 564407 | 0 | 326304 |
| BXP INC COM | COM | 101121101 |  | 1721 | 25510 | SH |  | DFND |  | 25510 | 0 | 0 |
| SERVICENOW INC COM | COM | 81762P102 |  | 32229 | 31349 | SH |  | DFND |  | 23796 | 0 | 7553 |
| FORTIVE CORP COM | COM | 34959J108 |  | 840 | 16117 | SH |  | DFND |  | 16117 | 0 | 0 |
| MICRON TECHNOLOGY INC COM | COM | 595112103 |  | 24159 | 196014 | SH |  | DFND |  | 196014 | 0 | 0 |
| ABBOTT LABS COM | COM | 002824100 |  | 28191 | 218156 | SH |  | DFND |  | 218156 | 0 | 0 |
| ABBVIE INC COM | COM | 00287Y109 |  | 79653 | 429120 | SH |  | DFND |  | 379359 | 0 | 49761 |
| ADVANCED MICRO DEVICES INC COM | COM | 007903107 |  | 36467 | 256990 | SH |  | DFND |  | 256990 | 0 | 0 |
| HOME DEPOT INC COM | COM | 437076102 |  | 29369 | 80102 | SH |  | DFND |  | 80102 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR COM | COM | 874054109 |  | 1961 | 8077 | SH |  | DFND |  | 8077 | 0 | 0 |
| OTIS WORLDWIDE CORP COM | COM | 68902V107 |  | 1754 | 17709 | SH |  | DFND |  | 17709 | 0 | 0 |
| APPLE INC COM | COM | 037833100 |  | 413819 | 2043313 | SH |  | DFND |  | 1679868 | 0 | 363445 |
| DIGITAL RLTY TR INC COM | COM | 253868103 |  | 6203 | 35584 | SH |  | DFND |  | 35584 | 0 | 0 |
| ASSURANT INC COM | COM | 04621X108 |  | 219 | 1109 | SH |  | DFND |  | 1109 | 0 | 0 |
| DOLLAR TREE INC COM | COM | 256746108 |  | 825 | 8330 | SH |  | DFND |  | 8330 | 0 | 0 |
| US BANCORP DEL COM NEW | COM NEW | 902973304 |  | 3713 | 82049 | SH |  | DFND |  | 82049 | 0 | 0 |
| AUTOZONE INC COM | COM | 053332102 |  | 4444 | 1197 | SH |  | DFND |  | 1197 | 0 | 0 |
| PROCTER AND GAMBLE CO COM | COM | 742718109 |  | 89584 | 578687 | SH |  | DFND |  | 428167 | 0 | 150520 |
| WATSCO INC COM | COM | 942622200 |  | 807 | 1828 | SH |  | DFND |  | 1828 | 0 | 0 |
| WILLIAMS SONOMA INC COM | COM | 969904101 |  | 21104 | 129182 | SH |  | DFND |  | 78249 | 0 | 50933 |
| NEUROCRINE BIOSCIENCES INC COM | COM | 64125C109 |  | 617 | 4911 | SH |  | DFND |  | 4911 | 0 | 0 |
| EXXON MOBIL CORP COM | COM | 30231G102 |  | 46270 | 429218 | SH |  | DFND |  | 429218 | 0 | 0 |
| GENERAL MTRS CO COM | COM | 37045V100 |  | 29048 | 590293 | SH |  | DFND |  | 408278 | 0 | 182015 |
| CHARTER COMMUNICATIONS INC N CL A | CL A | 16119P108 |  | 23613 | 57760 | SH |  | DFND |  | 38361 | 0 | 19399 |
| CHENIERE ENERGY INC COM NEW | COM NEW | 16411R208 |  | 10538 | 43274 | SH |  | DFND |  | 43274 | 0 | 0 |
| CINTAS CORP COM | COM | 172908105 |  | 24738 | 110999 | SH |  | DFND |  | 76029 | 0 | 34970 |
| RALPH LAUREN CORP CL A | CL A | 751212101 |  | 6000 | 21876 | SH |  | DFND |  | 21876 | 0 | 0 |
| MEDPACE HLDGS INC COM | COM | 58506Q109 |  | 2747 | 8752 | SH |  | DFND |  | 8752 | 0 | 0 |
| NATIONAL FUEL GAS CO COM | COM | 636180101 |  | 59 | 696 | SH |  | DFND |  | 696 | 0 | 0 |
| CARPENTER TECHNOLOGY CORP COM | COM | 144285103 |  | 3918 | 14177 | SH |  | DFND |  | 14177 | 0 | 0 |
| COHERENT CORP COM | COM | 19247G107 |  | 6573 | 73677 | SH |  | DFND |  | 73677 | 0 | 0 |
| GRIFFON CORP COM | COM | 398433102 |  | 3501 | 48374 | SH |  | DFND |  | 48374 | 0 | 0 |
| CATALYST PHARMACEUTICALS INC COM | COM | 14888U101 |  | 214 | 9847 | SH |  | DFND |  | 9847 | 0 | 0 |
| ROCKET LAB CORP COM ADDED | COM ADDED | 773121108 |  | 9932 | 277663 | SH |  | DFND |  | 277663 | 0 | 0 |
| CLEANSPARK INC COM NEW | COM NEW | 18452B209 |  | 1331 | 120659 | SH |  | DFND |  | 120659 | 0 | 0 |
| HECLA MNG CO COM | COM | 422704106 |  | 3798 | 634089 | SH |  | DFND |  | 634089 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC COM CL A | COM CL A | 76954A103 |  | 797 | 58006 | SH |  | DFND |  | 58006 | 0 | 0 |
| MONDELEZ INTL INC CL A | CL A | 609207105 |  | 3927 | 58224 | SH |  | DFND |  | 58224 | 0 | 0 |
| CENTENE CORP DEL COM | COM | 15135B101 |  | 1384 | 25497 | SH |  | DFND |  | 25497 | 0 | 0 |
| ON SEMICONDUCTOR CORP COM | COM | 682189105 |  | 1114 | 21257 | SH |  | DFND |  | 21257 | 0 | 0 |
| TWILIO INC CL A | CL A | 90138F102 |  | 1339 | 10767 | SH |  | DFND |  | 10767 | 0 | 0 |
| KRAFT HEINZ CO COM | COM | 500754106 |  | 881 | 34116 | SH |  | DFND |  | 34116 | 0 | 0 |
| REALTY INCOME CORP COM | COM | 756109104 |  | 1956 | 33955 | SH |  | DFND |  | 33955 | 0 | 0 |
| ENTERGY CORP NEW COM | COM | 29364G103 |  | 1580 | 19005 | SH |  | DFND |  | 19005 | 0 | 0 |
| EQUINIX INC COM | COM | 29444U700 |  | 16143 | 20294 | SH |  | DFND |  | 4433 | 0 | 15861 |
| ESSENTIAL UTILS INC COM | COM | 29670G102 |  | 401 | 10807 | SH |  | DFND |  | 10807 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW COM | COM | 7591EP100 |  | 1063 | 45190 | SH |  | DFND |  | 45190 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR CL A | CL A | 099502106 |  | 4836 | 46439 | SH |  | DFND |  | 18254 | 0 | 28185 |
| MSCI INC COM | COM | 55354G100 |  | 1767 | 3064 | SH |  | DFND |  | 3064 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW CL A | CL A | 78410G104 |  | 1077 | 4585 | SH |  | DFND |  | 4585 | 0 | 0 |
| CARLISLE COS INC COM | COM | 142339100 |  | 19436 | 52051 | SH |  | DFND |  | 37673 | 0 | 14378 |
| HESS CORP COM | COM | 42809H107 |  | 1621 | 11700 | SH |  | DFND |  | 11700 | 0 | 0 |
| COSTAR GROUP INC COM | COM | 22160N109 |  | 1299 | 16159 | SH |  | DFND |  | 16159 | 0 | 0 |
| PTC INC COM | COM | 69370C100 |  | 1204 | 6987 | SH |  | DFND |  | 6987 | 0 | 0 |
| INVITATION HOMES INC COM | COM | 46187W107 |  | 883 | 26912 | SH |  | DFND |  | 26912 | 0 | 0 |
| PARKER-HANNIFIN CORP COM | COM | 701094104 |  | 8297 | 11879 | SH |  | DFND |  | 5168 | 0 | 6711 |
| PEPSICO INC COM | COM | 713448108 |  | 14767 | 111834 | SH |  | DFND |  | 53696 | 0 | 58138 |
| TRACTOR SUPPLY CO COM | COM | 892356106 |  | 2087 | 39552 | SH |  | DFND |  | 23102 | 0 | 16450 |
| DOMINION ENERGY INC COM | COM | 25746U109 |  | 1811 | 32049 | SH |  | DFND |  | 32049 | 0 | 0 |
| UDR INC COM | COM | 902653104 |  | 650 | 15919 | SH |  | DFND |  | 15919 | 0 | 0 |
| PROLOGIS INC. COM | COM | 74340W103 |  | 11585 | 110209 | SH |  | DFND |  | 44212 | 0 | 65997 |
| LAS VEGAS SANDS CORP COM | COM | 517834107 |  | 692 | 15909 | SH |  | DFND |  | 15909 | 0 | 0 |
| VENTAS INC COM | COM | 92276F100 |  | 1173 | 18567 | SH |  | DFND |  | 18567 | 0 | 0 |
| LENNOX INTL INC COM | COM | 526107107 |  | 1450 | 2529 | SH |  | DFND |  | 2529 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC COM | COM | 29472R108 |  | 590 | 9559 | SH |  | DFND |  | 9559 | 0 | 0 |
| NATERA INC COM | COM | 632307104 |  | 389 | 2302 | SH |  | DFND |  | 2302 | 0 | 0 |
| DYNATRACE INC COM NEW | COM NEW | 268150109 |  | 1138 | 20608 | SH |  | DFND |  | 20608 | 0 | 0 |
| SOLVENTUM CORP COM SHS | COM SHS | 83444M101 |  | 642 | 8461 | SH |  | DFND |  | 8461 | 0 | 0 |
| HYATT HOTELS CORP COM CL A | CL A | 448579102 |  | 198 | 1421 | SH |  | DFND |  | 1421 | 0 | 0 |
| EMPIRE ST RLTY TR INC CL A | CL A | 292104106 |  | 139 | 17239 | SH |  | DFND |  | 17239 | 0 | 0 |
| APOLLO COML REAL EST FIN INC COM | COM | 03762U105 |  | 2708 | 279761 | SH |  | DFND |  | 279761 | 0 | 0 |
| MIDCAP FINANCIAL INVSTMNT CO COM NEW | COM NEW | 03761U502 |  | 3427 | 271547 | SH |  | DFND |  | 271547 | 0 | 0 |
| EAGLE POINT CREDIT COMPANY I COM | COM | 269808101 |  | 514 | 67052 | SH |  | DFND |  | 67052 | 0 | 0 |
| FS KKR CAP CORP COM | COM | 302635206 |  | 2238 | 107875 | SH |  | DFND |  | 107875 | 0 | 0 |
| BLACKSTONE SECD LENDING FD COMMON STOCK | COMMON STOCK | 09261X102 |  | 38 | 1240 | SH |  | DFND |  | 1240 | 0 | 0 |
| KAYNE ANDERSON ENERGY INFRST COM | COM | 486606106 |  | 1183 | 93008 | SH |  | DFND |  | 93008 | 0 | 0 |
| MORGAN STANLEY DIRECT LENDIN COM SHS | COM SHS | 61774A103 |  | 540 | 28845 | SH |  | DFND |  | 28845 | 0 | 0 |
| TOPBUILD CORP COM | COM | 89055F103 |  | 124 | 382 | SH |  | DFND |  | 382 | 0 | 0 |
| MIDDLESEX WTR CO COM | COM | 596680108 |  | 11 | 199 | SH |  | DFND |  | 199 | 0 | 0 |
| ONEMAIN HLDGS INC COM | COM | 68268W103 |  | 49 | 859 | SH |  | DFND |  | 859 | 0 | 0 |
| HOULIHAN LOKEY INC CL A | CL A | 441593100 |  | 90 | 500 | SH |  | DFND |  | 500 | 0 | 0 |
| GLACIER BANCORP INC NEW COM | NEW COM | 37637Q105 |  | 34 | 800 | SH |  | DFND |  | 800 | 0 | 0 |
| UPSTART HLDGS INC COM | COM | 91680M107 |  | 44 | 673 | SH |  | DFND |  | 673 | 0 | 0 |
| COLUMBIA BKG SYS INC COM | COM | 197236102 |  | 35 | 1485 | SH |  | DFND |  | 1485 | 0 | 0 |
| AMERIS BANCORP COM | COM | 03076K108 |  | 32 | 487 | SH |  | DFND |  | 487 | 0 | 0 |
| VALLEY NATL BANCORP COM | COM | 919794107 |  | 35 | 3946 | SH |  | DFND |  | 3946 | 0 | 0 |
| BOOKING HOLDINGS INC COM | COM | 09857L108 |  | 89542 | 15467 | SH |  | DFND |  | 14535 | 0 | 932 |
| SALESFORCE INC COM | COM | 79466L302 |  | 51222 | 187838 | SH |  | DFND |  | 154624 | 0 | 33214 |
| BRISTOL-MYERS SQUIBB CO COM | COM | 110122108 |  | 9980 | 215590 | SH |  | DFND |  | 89597 | 0 | 125993 |
| XYLEM INC COM | COM | 98419M100 |  | 21467 | 165948 | SH |  | DFND |  | 42455 | 0 | 123493 |
| SCHWAB CHARLES CORP COM | COM | 808513105 |  | 8575 | 93979 | SH |  | DFND |  | 93979 | 0 | 0 |
| GOLDMAN SACHS GROUP INC COM | COM | 38141G104 |  | 14160 | 20007 | SH |  | DFND |  | 20007 | 0 | 0 |
| TJX COS INC NEW COM | COM | 872540109 |  | 70325 | 569482 | SH |  | DFND |  | 481618 | 0 | 87864 |
| IDEX CORP COM | COM | 45167R104 |  | 890 | 5070 | SH |  | DFND |  | 5070 | 0 | 0 |
| IDEXX LABS INC COM | COM | 45168D104 |  | 14578 | 27181 | SH |  | DFND |  | 27181 | 0 | 0 |
| DISNEY WALT CO COM | COM | 254687106 |  | 31078 | 250605 | SH |  | DFND |  | 138931 | 0 | 111674 |
| PFIZER INC COM | COM | 717081103 |  | 19733 | 814087 | SH |  | DFND |  | 778392 | 0 | 35695 |
| ECOLAB INC COM | COM | 278865100 |  | 31319 | 116237 | SH |  | DFND |  | 20565 | 0 | 95672 |
| PROGRESSIVE CORP COM | COM | 743315103 |  | 87639 | 328408 | SH |  | DFND |  | 286264 | 0 | 42144 |
| UNITED RENTALS INC COM | COM | 911363109 |  | 18748 | 24884 | SH |  | DFND |  | 11882 | 0 | 13002 |
| EDISON INTL COM | COM | 281020107 |  | 11067 | 214480 | SH |  | DFND |  | 68482 | 0 | 145998 |
| VERTEX PHARMACEUTICALS INC COM | COM | 92532F100 |  | 6089 | 13677 | SH |  | DFND |  | 13677 | 0 | 0 |
| FIRST SOLAR INC COM | COM | 336433107 |  | 13898 | 83957 | SH |  | DFND |  | 83957 | 0 | 0 |
| COINBASE GLOBAL INC COM CL A | COM CL A | 19260Q107 |  | 3004 | 8570 | SH |  | DFND |  | 8570 | 0 | 0 |
| SAP SE SPON ADR | SPON ADR | 803054204 |  | 754 | 2481 | SH |  | DFND |  | 2481 | 0 | 0 |
| AMERICAN TOWER CORP NEW COM | COM | 03027X100 |  | 34461 | 172587 | SH |  | DFND |  | 172587 | 0 | 0 |
| ASTRAZENECA PLC SPONSORED ADR | SPONSORED ADR | 046353108 |  | 46732 | 717544 | SH |  | DFND |  | 717544 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | COM | 91324P102 |  | 30789 | 105447 | SH |  | DFND |  | 105447 | 0 | 0 |
| HARMONY GOLD MINING CO LTD SPONSORED ADR | SPONSORED ADR | 413216300 |  | 1464 | 104815 | SH |  | DFND |  | 78841 | 0 | 25974 |
| BOEING CO COM | COM | 097023105 |  | 9806 | 46801 | SH |  | DFND |  | 46801 | 0 | 0 |
| CF INDS HLDGS INC COM | COM | 125269100 |  | 16666 | 181149 | SH |  | DFND |  | 87264 | 0 | 93885 |
| CELSIUS HLDGS INC COM NEW | COM NEW | 15118V207 |  | 7392 | 159343 | SH |  | DFND |  | 159343 | 0 | 0 |
| GODADDY INC CL A | CL A | 380237107 |  | 2918 | 16203 | SH |  | DFND |  | 16203 | 0 | 0 |
| CITIGROUP INC COM NEW | COM NEW | 172967424 |  | 21560 | 253286 | SH |  | DFND |  | 253286 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC CL A | CL A | 69608A108 |  | 35697 | 261865 | SH |  | DFND |  | 261865 | 0 | 0 |
| DATADOG INC CL A COM | COM | 23804L103 |  | 8664 | 64495 | SH |  | DFND |  | 64495 | 0 | 0 |
| DIAMONDBACK ENERGY INC COM | COM | 25278X109 |  | 6898 | 50201 | SH |  | DFND |  | 50201 | 0 | 0 |
| DOCUSIGN INC COM | COM | 256163106 |  | 4133 | 53064 | SH |  | DFND |  | 53064 | 0 | 0 |
| ROYAL CARIBBEAN GROUP COM | COM | V7780T103 |  | 17469 | 55786 | SH |  | DFND |  | 55786 | 0 | 0 |
| COCA COLA CONS INC COM | COM | 191098102 |  | 52 | 468 | SH |  | DFND |  | 468 | 0 | 0 |
| PG CORP COM | COM | 69331C108 |  | 6037 | 433064 | SH |  | DFND |  | 433064 | 0 | 0 |
| US FOODS HLDG CORP COM | COM | 912008109 |  | 5863 | 76135 | SH |  | DFND |  | 76135 | 0 | 0 |
| CAL MAINE FOODS INC COM NEW | COM NEW | 128030202 |  | 29036 | 291434 | SH |  | DFND |  | 291434 | 0 | 0 |
| MICROSTRATEGY INC CL A NEW | CL A | 594972408 |  | 22395 | 55401 | SH |  | DFND |  | 55401 | 0 | 0 |
| INTERDIGITAL INC COM | COM | 45867G101 |  | 22655 | 101034 | SH |  | DFND |  | 101034 | 0 | 0 |
| CHORD ENERGY CORPORATION COM NEW | COM | 674215207 |  | 44 | 456 | SH |  | DFND |  | 456 | 0 | 0 |
| CHEFS WHSE INC COM | COM | 163086101 |  | 5901 | 92474 | SH |  | DFND |  | 92474 | 0 | 0 |
| SUMMIT THERAPEUTICS INC COM | COM | 86627T108 |  | 2662 | 125100 | SH |  | DFND |  | 125100 | 0 | 0 |
| SEA LTD SPONSORD ADS | SPONSORED ADS | 81141R100 |  | 6268 | 39192 | SH |  | DFND |  | 39192 | 0 | 0 |
| TFI INTL INC COM | COM | 87241L109 |  | 207 | 26118 | SH |  | DFND |  | 26118 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO CL A | CL A | 192446102 |  | 2115 | 27104 | SH |  | DFND |  | 27104 | 0 | 0 |
| ROCKWELL AUTOMATION INC COM | COM | 773903109 |  | 11635 | 35028 | SH |  | DFND |  | 5596 | 0 | 29432 |
| ROPER TECHNOLOGIES INC COM | COM | 776696106 |  | 2423 | 4275 | SH |  | DFND |  | 4275 | 0 | 0 |
| BURLINGTON STORES INC COM | COM | 122017106 |  | 572 | 2458 | SH |  | DFND |  | 2458 | 0 | 0 |
| XCEL ENERGY INC COM | COM | 98389B100 |  | 1511 | 22192 | SH |  | DFND |  | 22192 | 0 | 0 |
| FREEPORT-MCMORAN INC CL B | CL B | 35671D857 |  | 4525 | 104383 | SH |  | DFND |  | 104383 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW COM | COM | 61174X109 |  | 5547 | 88558 | SH |  | DFND |  | 88558 | 0 | 0 |
| NVR INC COM | COM | 62944T105 |  | 5118 | 693 | SH |  | DFND |  | 112 | 0 | 581 |
| NASDAQ INC COM | COM | 631103108 |  | 1598 | 17874 | SH |  | DFND |  | 17874 | 0 | 0 |
| NISOURCE INC COM | COM | 65473P105 |  | 979 | 24274 | SH |  | DFND |  | 24274 | 0 | 0 |
| AGILENT TECHNOLOGIES INC COM | COM | 00846U101 |  | 1496 | 12676 | SH |  | DFND |  | 12676 | 0 | 0 |
| HOLOGIC INC COM | COM | 436440101 |  | 779 | 11953 | SH |  | DFND |  | 11953 | 0 | 0 |
| NORFOLK SOUTHN CORP COM | COM | 655844108 |  | 2453 | 9583 | SH |  | DFND |  | 9583 | 0 | 0 |
| ALIGN TECHNOLOGY INC COM | COM | 016255101 |  | 559 | 2951 | SH |  | DFND |  | 2951 | 0 | 0 |
| HUBSPOT INC COM | COM | 443573100 |  | 1442 | 2590 | SH |  | DFND |  | 2590 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN COM | COM | 679580100 |  | 1250 | 7701 | SH |  | DFND |  | 7701 | 0 | 0 |
| AMEREN CORP COM | COM | 023608102 |  | 1234 | 12845 | SH |  | DFND |  | 12845 | 0 | 0 |
| CROWN CASTLE INC COM | COM | 22822V101 |  | 3007 | 29275 | SH |  | DFND |  | 29275 | 0 | 0 |
| THE TRADE DESK INC COM CL A | COM CL A | 88339J105 |  | 1455 | 20214 | SH |  | DFND |  | 20214 | 0 | 0 |
| IRON MTN INC DEL COM | COM | 46284V101 |  | 1458 | 14219 | SH |  | DFND |  | 14219 | 0 | 0 |
| REVVITY INC COM | COM | 714046109 |  | 543 | 5609 | SH |  | DFND |  | 5609 | 0 | 0 |
| PHILLIPS 66 COM | COM | 718546104 |  | 1983 | 16619 | SH |  | DFND |  | 16619 | 0 | 0 |
| UNION PAC CORP COM | COM | 907818108 |  | 29026 | 126155 | SH |  | DFND |  | 31361 | 0 | 94794 |
| KIMCO RLTY CORP COM | COM | 49446R109 |  | 962 | 45773 | SH |  | DFND |  | 45773 | 0 | 0 |
| VALERO ENERGY CORP COM | COM | 91913Y100 |  | 1660 | 12351 | SH |  | DFND |  | 12351 | 0 | 0 |
| ELECTRONIC ARTS INC COM | COM | 285512109 |  | 4796 | 30034 | SH |  | DFND |  | 30034 | 0 | 0 |
| LAUDER ESTEE COS INC CL A | CL A | 518439104 |  | 833 | 10304 | SH |  | DFND |  | 10304 | 0 | 0 |
| ROLLINS INC COM | COM | 775711104 |  | 939 | 16639 | SH |  | DFND |  | 16639 | 0 | 0 |
| FACTSET RESH SYS INC COM | COM | 303075105 |  | 654 | 1463 | SH |  | DFND |  | 1463 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI COM | COM | 88262P102 |  | 787 | 745 | SH |  | DFND |  | 745 | 0 | 0 |
| TOAST INC CL A | CL A | 888787108 |  | 986 | 22256 | SH |  | DFND |  | 22256 | 0 | 0 |
| MOTOROLA SOLUTIONS INC COM NEW | COM | 620076307 |  | 2860 | 6803 | SH |  | DFND |  | 6803 | 0 | 0 |
| BLACKSTONE MTG TR INC COM CL A | COM CL A | 09257W100 |  | 2636 | 136921 | SH |  | DFND |  | 136921 | 0 | 0 |
| CARLYLE SECURED LENDING INC COM | COM | 872280102 |  | 2998 | 219176 | SH |  | DFND |  | 219176 | 0 | 0 |
| GOLDMAN SACHS BDC INC SHS | SHS | 38147U107 |  | 3308 | 294002 | SH |  | DFND |  | 294002 | 0 | 0 |
| NEUBERGER BERMAN ENERGY INFR COM | COM | 64129H104 |  | 367 | 40870 | SH |  | DFND |  | 40870 | 0 | 0 |
| NUVEEN CHURCHILL DIRECT LEND COM SHS | COM SHS | 67090S108 |  | 428 | 26426 | SH |  | DFND |  | 26426 | 0 | 0 |
| BLOOM ENERGY CORP COM CL A | COM CL A | 093712107 |  | 18 | 734 | SH |  | DFND |  | 734 | 0 | 0 |
| DARLING INGREDIENTS INC COM | COM | 237266101 |  | 2 | 46 | SH |  | DFND |  | 46 | 0 | 0 |
| WEBSTER FINL CORP COM | COM | 947890109 |  | 65 | 1198 | SH |  | DFND |  | 1198 | 0 | 0 |
| F N B CORP COM | COM | 302520101 |  | 37 | 2542 | SH |  | DFND |  | 2542 | 0 | 0 |
| TRIP COM GROUP LTD ADS | ADS | 89677Q107 |  | 173 | 2947 | SH |  | DFND |  | 2947 | 0 | 0 |
| CEMEX SAB DE CV SPON ADR NEW | SPONSORED ADR | 151290889 |  | 187 | 27040 | SH |  | DFND |  | 27040 | 0 | 0 |
| HOME BANCSHARES INC COM | COM | 436893200 |  | 39 | 1386 | SH |  | DFND |  | 1386 | 0 | 0 |
| INTERNATIONAL BANCSHARES COR COM | COM | 459044103 |  | 30 | 444 | SH |  | DFND |  | 444 | 0 | 0 |
| PROSPERITY BANCSHARES INC COM | COM | 743606105 |  | 48 | 678 | SH |  | DFND |  | 678 | 0 | 0 |
| SERVISFIRST BANCSHARES INC COM | COM | 81768T108 |  | 30 | 384 | SH |  | DFND |  | 384 | 0 | 0 |
| UNITED BANKSHARES INC WEST V COM | UNIT | 909907107 |  | 35 | 960 | SH |  | DFND |  | 960 | 0 | 0 |
| BEST BUY INC COM | COM | 086516101 |  | 816 | 12159 | SH |  | DFND |  | 12159 | 0 | 0 |
| ENPHASE ENERGY INC COM | COM | 29355A107 |  | 1398 | 35249 | SH |  | DFND |  | 35249 | 0 | 0 |
| LENNAR CORP CL A | CL A | 526057104 |  | 1050 | 9493 | SH |  | DFND |  | 9493 | 0 | 0 |
| MARSH  MCLENNAN COS INC COM | COM | 571748102 |  | 9445 | 43201 | SH |  | DFND |  | 43201 | 0 | 0 |
| MERCADOLIBRE INC COM | COM | 58733R102 |  | 97635 | 37356 | SH |  | DFND |  | 28368 | 0 | 8988 |
| CVS HEALTH CORP COM | COM | 126650100 |  | 36649 | 552120 | SH |  | DFND |  | 552120 | 0 | 0 |
| SNAP INC CL A | CL A | 83304A106 |  | 755 | 86935 | SH |  | DFND |  | 86935 | 0 | 0 |
| STATE STR CORP COM | COM | 857477103 |  | 1671 | 15713 | SH |  | DFND |  | 15713 | 0 | 0 |
| AT INC COM | COM | 00206R102 |  | 21333 | 737158 | SH |  | DFND |  | 737158 | 0 | 0 |
| NETFLIX INC COM | COM | 64110L106 |  | 57952 | 43276 | SH |  | DFND |  | 31711 | 0 | 11565 |
| COCA COLA CO COM | COM | 191216100 |  | 102358 | 1446759 | SH |  | DFND |  | 1243027 | 0 | 203732 |
| COLGATE PALMOLIVE CO COM | COM | 194162103 |  | 28134 | 309507 | SH |  | DFND |  | 203652 | 0 | 105855 |
| COSTCO WHSL CORP NEW COM | NEW COM | 22160K105 |  | 120921 | 122150 | SH |  | DFND |  | 104184 | 0 | 17966 |
| PPG INDS INC COM | COM | 693506107 |  | 2657 | 23357 | SH |  | DFND |  | 23357 | 0 | 0 |
| DEERE  CO COM | COM | 244199105 |  | 12179 | 23951 | SH |  | DFND |  | 10957 | 0 | 12994 |
| EBAY INC. COM | COM | 278642103 |  | 55445 | 744627 | SH |  | DFND |  | 620533 | 0 | 124094 |
| KROGER CO COM | COM | 501044101 |  | 8122 | 113233 | SH |  | DFND |  | 113233 | 0 | 0 |
| BANK AMERICA CORP COM | COM | 060505104 |  | 22267 | 470567 | SH |  | DFND |  | 470567 | 0 | 0 |
| RPM INTL INC COM | COM | 749685103 |  | 1321 | 12031 | SH |  | DFND |  | 12031 | 0 | 0 |
| RALLIANT CORP COM ADDED | COM ADDED | 750940108 |  | 296 | 5370 | SH |  | DFND |  | 5370 | 0 | 0 |
| PDD HOLDINGS INC SPONSORED ADS | SPONSORED ADS | 722304102 |  | 1545 | 14761 | SH |  | DFND |  | 10600 | 0 | 4161 |
| META PLATFORMS INC CL A | CL A | 30303M102 |  | 390173 | 533178 | SH |  | DFND |  | 401040 | 0 | 132138 |
| WORKDAY INC CL A | CL A | 98138H101 |  | 12937 | 53905 | SH |  | DFND |  | 53905 | 0 | 0 |
| FORTINET INC COM | COM | 34959E109 |  | 11350 | 107360 | SH |  | DFND |  | 107360 | 0 | 0 |
| CAPITAL ONE FINL CORP COM | COM | 14040H105 |  | 12522 | 58857 | SH |  | DFND |  | 58857 | 0 | 0 |
| MORGAN STANLEY COM NEW | COM NEW | 617446448 |  | 11599 | 82345 | SH |  | DFND |  | 82345 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC COM | COM | 416515104 |  | 31357 | 247160 | SH |  | DFND |  | 178641 | 0 | 68519 |
| AMPHENOL CORP NEW CL A | CL A | 032095101 |  | 11895 | 120460 | SH |  | DFND |  | 120460 | 0 | 0 |
| TRANSDIGM GROUP INC COM | COM | 893641100 |  | 6902 | 4539 | SH |  | DFND |  | 4539 | 0 | 0 |
| APOLLO GLOBAL MGMT INC COM | COM | 03769M106 |  | 20045 | 141289 | SH |  | DFND |  | 141289 | 0 | 0 |
| DIGITALOCEAN HLDGS INC COM | COM | 25402D102 |  | 5679 | 198841 | SH |  | DFND |  | 198841 | 0 | 0 |
| LANTHEUS HLDGS INC COM | COM | 516544103 |  | 8019 | 97958 | SH |  | DFND |  | 97958 | 0 | 0 |
| URBAN OUTFITTERS INC COM | COM | 917047102 |  | 17279 | 238204 | SH |  | DFND |  | 238204 | 0 | 0 |
| EMCOR GROUP INC COM | COM | 29084Q100 |  | 65184 | 121864 | SH |  | DFND |  | 103422 | 0 | 18442 |
| VISTRA CORP COM | COM | 92840M102 |  | 22042 | 113732 | SH |  | DFND |  | 113732 | 0 | 0 |
| MASTEC INC COM | COM | 576323109 |  | 4322 | 25358 | SH |  | DFND |  | 25358 | 0 | 0 |
| TENET HEALTHCARE CORP COM NEW | COM NEW | 88033G407 |  | 20247 | 115041 | SH |  | DFND |  | 115041 | 0 | 0 |
| KONTOOR BRANDS INC COM | COM | 50050N103 |  | 2370 | 35919 | SH |  | DFND |  | 35919 | 0 | 0 |
| FEDERATED HERMES INC CL B | CL B | 314211103 |  | 56 | 1257 | SH |  | DFND |  | 1257 | 0 | 0 |
| PRIMERICA INC COM | COM | 74164M108 |  | 1671 | 6107 | SH |  | DFND |  | 6107 | 0 | 0 |
| MUELLER INDS INC COM | COM | 624756102 |  | 64 | 804 | SH |  | DFND |  | 804 | 0 | 0 |
| ECHOSTAR CORP CL A | CL A | 278768106 |  | 8057 | 290875 | SH |  | DFND |  | 290875 | 0 | 0 |
| COEUR MNG INC COM NEW | COM NEW | 192108504 |  | 3876 | 437466 | SH |  | DFND |  | 437466 | 0 | 0 |
| CARVANA CO CL A | CL A | 146869102 |  | 8337 | 24743 | SH |  | DFND |  | 14041 | 0 | 10702 |
| ALBEMARLE CORP COM | COM | 012653101 |  | 0 | 1 | SH |  | DFND |  | 1 | 0 | 0 |
| LEIDOS HOLDINGS INC COM | COM | 525327102 |  | 1126 | 7136 | SH |  | DFND |  | 7136 | 0 | 0 |
| EQUITABLE HLDGS INC COM | COM | 29452E101 |  | 5171 | 92182 | SH |  | DFND |  | 92182 | 0 | 0 |
| EQUITY RESIDENTIAL SH BEN INT | INT | 29476L107 |  | 1053 | 15604 | SH |  | DFND |  | 15604 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN COM | COM | 538034109 |  | 1000 | 6608 | SH |  | DFND |  | 6608 | 0 | 0 |
| LOEWS CORP COM | COM | 540424108 |  | 683 | 7447 | SH |  | DFND |  | 7447 | 0 | 0 |
| EVERSOURCE ENERGY COM | COM | 30040W108 |  | 942 | 14812 | SH |  | DFND |  | 14812 | 0 | 0 |
| ROSS STORES INC COM | COM | 778296103 |  | 2290 | 17953 | SH |  | DFND |  | 12558 | 0 | 5395 |
| EXPEDITORS INTL WASH INC COM | COM | 302130109 |  | 715 | 6259 | SH |  | DFND |  | 6259 | 0 | 0 |
| MARATHON PETE CORP COM | COM | 56585A102 |  | 2184 | 13145 | SH |  | DFND |  | 13145 | 0 | 0 |
| MASCO CORP COM | COM | 574599106 |  | 488 | 7577 | SH |  | DFND |  | 7577 | 0 | 0 |
| FEDEX CORP COM | COM | 31428X106 |  | 7077 | 31134 | SH |  | DFND |  | 9130 | 0 | 22004 |
| ZSCALER INC COM | COM | 98980G102 |  | 1794 | 5716 | SH |  | DFND |  | 5716 | 0 | 0 |
| FORD MTR CO COM | COM | 345370860 |  | 4334 | 399403 | SH |  | DFND |  | 399403 | 0 | 0 |
| THE CAMPBELLS COMPANY COM | COM | 134429109 |  | 215 | 7009 | SH |  | DFND |  | 7009 | 0 | 0 |
| SOUTHERN CO COM | COM | 842587107 |  | 4003 | 43586 | SH |  | DFND |  | 43586 | 0 | 0 |
| CARRIER GLOBAL CORPORATION COM | COM | 14448C104 |  | 2518 | 34404 | SH |  | DFND |  | 34404 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC COM | COM | 169656105 |  | 6074 | 108170 | SH |  | DFND |  | 53109 | 0 | 55061 |
| SYNCHRONY FINANCIAL COM | COM | 87165B103 |  | 1263 | 18922 | SH |  | DFND |  | 18922 | 0 | 0 |
| NORDSON CORP COM | COM | 655663102 |  | 758 | 3535 | SH |  | DFND |  | 3535 | 0 | 0 |
| TARGET CORP COM | COM | 87612E106 |  | 6422 | 65094 | SH |  | DFND |  | 19110 | 0 | 45984 |
| TELEDYNE TECHNOLOGIES INC COM | COM | 879360105 |  | 1014 | 1979 | SH |  | DFND |  | 1979 | 0 | 0 |
| CONAGRA BRANDS INC COM | COM | 205887102 |  | 380 | 18543 | SH |  | DFND |  | 18543 | 0 | 0 |
| CONSOLIDATED EDISON INC COM | COM | 209115104 |  | 1323 | 13181 | SH |  | DFND |  | 13181 | 0 | 0 |
| CONSTELLATION BRANDS INC CL A | CL A | 21036P108 |  | 1173 | 7211 | SH |  | DFND |  | 7211 | 0 | 0 |
| TERADYNE INC COM | COM | 880770102 |  | 638 | 7095 | SH |  | DFND |  | 7095 | 0 | 0 |
| CORTEVA INC COM | COM | 22052L104 |  | 1901 | 25511 | SH |  | DFND |  | 25511 | 0 | 0 |
| PPL CORP COM | COM | 69351T106 |  | 1084 | 31989 | SH |  | DFND |  | 31989 | 0 | 0 |
| PACKAGING CORP AMER COM | COM | 695156109 |  | 761 | 4039 | SH |  | DFND |  | 4039 | 0 | 0 |
| DTE ENERGY CO COM | COM | 233331107 |  | 1172 | 8848 | SH |  | DFND |  | 8848 | 0 | 0 |
| INTERNATIONAL FLAVORS COM | COM | 459506101 |  | 826 | 11234 | SH |  | DFND |  | 11234 | 0 | 0 |
| JACOBS SOLUTIONS INC COM | COM | 46982L108 |  | 775 | 5898 | SH |  | DFND |  | 5898 | 0 | 0 |
| AVALONBAY CMNTYS INC COM | COM | 053484101 |  | 1159 | 5695 | SH |  | DFND |  | 5695 | 0 | 0 |
| QUANTA SVCS INC COM | COM | 74762E102 |  | 2475 | 6545 | SH |  | DFND |  | 6545 | 0 | 0 |
| QUEST DIAGNOSTICS INC COM | COM | 74834L100 |  | 868 | 4832 | SH |  | DFND |  | 4832 | 0 | 0 |
| SAMSARA INC COM CL A | COM CL A | 79589L106 |  | 792 | 19918 | SH |  | DFND |  | 19918 | 0 | 0 |
| BLACKROCK INC COM | COM ADDED | 09290D101 |  | 7170 | 6833 | SH |  | DFND |  | 6833 | 0 | 0 |
| NETEASE INC SPONSORED ADS | SPONSORED ADS | 64110W102 |  | 44707 | 332195 | SH |  | DFND |  | 332195 | 0 | 0 |
| EASTGROUP PPTYS INC COM | COM | 277276101 |  | 135 | 806 | SH |  | DFND |  | 806 | 0 | 0 |
| CION INVT CORP COM | COM | 17259U204 |  | 1761 | 184026 | SH |  | DFND |  | 184026 | 0 | 0 |
| SARATOGA INVT CORP COM NEW | NEW COM | 80349A208 |  | 1246 | 50232 | SH |  | DFND |  | 50232 | 0 | 0 |
| CORE  MAIN INC CL A | CL A | 21874C102 |  | 20 | 331 | SH |  | DFND |  | 331 | 0 | 0 |
| ARRAY TECHNOLOGIES INC COM SHS | COM SHS | 04271T100 |  | 32 | 5493 | SH |  | DFND |  | 5493 | 0 | 0 |
| BADGER METER INC COM | COM | 056525108 |  | 167 | 683 | SH |  | DFND |  | 683 | 0 | 0 |
| INSTALLED BLDG PRODS INC COM | COM | 45780R101 |  | 52 | 291 | SH |  | DFND |  | 291 | 0 | 0 |
| VOYA FINANCIAL INC COM | COM | 929089100 |  | 49 | 694 | SH |  | DFND |  | 694 | 0 | 0 |
| JEFFERIES FINL GROUP INC COM | COM | 47233W109 |  | 102 | 1872 | SH |  | DFND |  | 1872 | 0 | 0 |
| DROPBOX INC CL A | CL A | 26210C104 |  | 103 | 3611 | SH |  | DFND |  | 3611 | 0 | 0 |
| STMICROELECTRONICS N V NY REGISTRY | NY REGISTRY | 861012102 |  | 212 | 6972 | SH |  | DFND |  | 6972 | 0 | 0 |
| CULLEN FROST BANKERS INC COM | COM | 229899109 |  | 58 | 452 | SH |  | DFND |  | 452 | 0 | 0 |
| CHEWY INC CL A | CL A | 16679L109 |  | 1807 | 42392 | SH |  | DFND |  | 42392 | 0 | 0 |
| QUALYS INC COM | COM | 74758T303 |  | 1109 | 7761 | SH |  | DFND |  | 7761 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL A | CL A | 084670108 |  | 5830 | 8 | SH |  | DFND |  | 8 | 0 | 0 |
| VISA INC COM CL A | CL A | 92826C839 |  | 148993 | 431324 | SH |  | DFND |  | 306723 | 0 | 124601 |
| MODERNA INC COM | COM | 60770K107 |  | 33 | 1207 | SH |  | DFND |  | 1207 | 0 | 0 |
| CISCO SYS INC COM | COM | 17275R102 |  | 98674 | 1462579 | SH |  | DFND |  | 1243974 | 0 | 218605 |
| HCA HEALTHCARE INC COM | COM | 40412C101 |  | 56681 | 147954 | SH |  | DFND |  | 122540 | 0 | 25414 |
| STRYKER CORPORATION COM | COM | 863667101 |  | 6776 | 17128 | SH |  | DFND |  | 17128 | 0 | 0 |
| ADOBE INC COM | COM | 00724F101 |  | 72137 | 186459 | SH |  | DFND |  | 157062 | 0 | 29397 |
| HEWLETT PACKARD ENTERPRISE C COM | COM | 42824C109 |  | 7250 | 354504 | SH |  | DFND |  | 354504 | 0 | 0 |
| ACCENTURE PLC IRELAND SHS CLASS A | SHS CLASS A | G1151C101 |  | 8372 | 28010 | SH |  | DFND |  | 28010 | 0 | 0 |
| TEXAS INSTRS INC COM | COM | 882508104 |  | 11025 | 53103 | SH |  | DFND |  | 53103 | 0 | 0 |
| CENCORA INC COM | COM | 03073E105 |  | 36688 | 122354 | SH |  | DFND |  | 90743 | 0 | 31611 |
| APPLIED MATLS INC COM | COM | 038222105 |  | 89163 | 506215 | SH |  | DFND |  | 438283 | 0 | 67932 |
| AUTODESK INC COM | COM | 052769106 |  | 34092 | 110126 | SH |  | DFND |  | 77558 | 0 | 32568 |
| BECTON DICKINSON  CO COM | COM | 075887109 |  | 2152 | 12491 | SH |  | DFND |  | 12491 | 0 | 0 |
| VERIZON COMMUNICATIONS INC COM | COM | 92343V104 |  | 74659 | 1725415 | SH |  | DFND |  | 1567529 | 0 | 157886 |
| NEXTERA ENERGY INC COM | COM | 65339F101 |  | 69190 | 1035284 | SH |  | DFND |  | 644736 | 0 | 390548 |
| ALLIANT ENERGY CORP COM | COM | 018802108 |  | 29142 | 530474 | SH |  | DFND |  | 530474 | 0 | 0 |
| CATERPILLAR INC COM | COM | 149123101 |  | 36126 | 93057 | SH |  | DFND |  | 93057 | 0 | 0 |
| NEWMONT CORP COM | COM | 651639106 |  | 76783 | 1317932 | SH |  | DFND |  | 1192959 | 0 | 124973 |
| APA CORPORATION COM | COM | 03743Q108 |  | 5106 | 279154 | SH |  | DFND |  | 279154 | 0 | 0 |
| DARDEN RESTAURANTS INC COM | COM | 237194105 |  | 2312 | 10607 | SH |  | DFND |  | 10607 | 0 | 0 |
| DRIVEN BRANDS HLDGS INC COM | COM | 26210V102 |  | 5676 | 323226 | SH |  | DFND |  | 323226 | 0 | 0 |
| EOG RES INC COM | COM | 26875P101 |  | 6504 | 54378 | SH |  | DFND |  | 54378 | 0 | 0 |
| VICI PPTYS INC COM | COM | 925652109 |  | 28992 | 889310 | SH |  | DFND |  | 889310 | 0 | 0 |
| UNUM GROUP COM | COM | 91529Y106 |  | 1808 | 22385 | SH |  | DFND |  | 22385 | 0 | 0 |
| TARGA RES CORP COM | COM | 87612G101 |  | 7973 | 45803 | SH |  | DFND |  | 45803 | 0 | 0 |
| OTTER TAIL CORP COM | COM | 689648103 |  | 53 | 689 | SH |  | DFND |  | 689 | 0 | 0 |
| STERLING INFRASTRUCTURE INC COM | COM | 859241101 |  | 19331 | 83782 | SH |  | DFND |  | 83782 | 0 | 0 |
| ROBINHOOD MKTS INC COM CL A | COM CL A | 770700102 |  | 18035 | 192618 | SH |  | DFND |  | 192618 | 0 | 0 |
| AXOS FINANCIAL INC COM | COM | 05465C100 |  | 88 | 1160 | SH |  | DFND |  | 1160 | 0 | 0 |
| BRINKER INTL INC COM | COM | 109641100 |  | 23215 | 128738 | SH |  | DFND |  | 128738 | 0 | 0 |
| F5 INC COM | COM | 315616102 |  | 3081 | 10469 | SH |  | DFND |  | 10469 | 0 | 0 |
| MOLSON COORS BEVERAGE CO CL B | CL B | 60871R209 |  | 640 | 13305 | SH |  | DFND |  | 13305 | 0 | 0 |
| OVINTIV INC COM | COM | 69047Q102 |  | 185 | 4870 | SH |  | DFND |  | 4870 | 0 | 0 |
| EQUIFAX INC COM | COM | 294429105 |  | 1255 | 4839 | SH |  | DFND |  | 4839 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC COM | COM | 78467J100 |  | 843 | 10181 | SH |  | DFND |  | 10181 | 0 | 0 |
| WESTERN DIGITAL CORP COM | COM | 958102105 |  | 1249 | 19511 | SH |  | DFND |  | 19511 | 0 | 0 |
| MARTIN MARIETTA MATLS INC COM | COM | 573284106 |  | 1328 | 2419 | SH |  | DFND |  | 2419 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI CL A | CL A | 989207105 |  | 805 | 2610 | SH |  | DFND |  | 2610 | 0 | 0 |
| CSX CORP COM | COM | 126408103 |  | 2428 | 74410 | SH |  | DFND |  | 74410 | 0 | 0 |
| SMUCKER J M CO COM NEW | COM NEW | 832696405 |  | 399 | 4068 | SH |  | DFND |  | 4068 | 0 | 0 |
| HP INC COM | COM | 40434L105 |  | 950 | 38821 | SH |  | DFND |  | 38821 | 0 | 0 |
| SUN CMNTYS INC COM | COM | 866674104 |  | 845 | 6681 | SH |  | DFND |  | 6681 | 0 | 0 |
| OREILLY AUTOMOTIVE INC COM | COM | 67103H107 |  | 3118 | 34600 | SH |  | DFND |  | 34600 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC COM | COM | 00971T101 |  | 478 | 5987 | SH |  | DFND |  | 5987 | 0 | 0 |
| ANSYS INC COM | COM | 03662Q105 |  | 1398 | 3981 | SH |  | DFND |  | 3981 | 0 | 0 |
| INTERNATIONAL PAPER CO COM | COM | 460146103 |  | 1096 | 23406 | SH |  | DFND |  | 23406 | 0 | 0 |
| DOW INC COM | COM | 260557103 |  | 722 | 27283 | SH |  | DFND |  | 27283 | 0 | 0 |
| DUKE ENERGY CORP NEW COM NEW | COM NEW | 26441C204 |  | 3627 | 30734 | SH |  | DFND |  | 30734 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP COM | COM | 28176E108 |  | 2004 | 25624 | SH |  | DFND |  | 25624 | 0 | 0 |
| LKQ CORP COM | COM | 501889208 |  | 292 | 7886 | SH |  | DFND |  | 7886 | 0 | 0 |
| TRADEWEB MKTS INC CL A | CL A | 892672106 |  | 792 | 5412 | SH |  | DFND |  | 5412 | 0 | 0 |
| AMERICAN FINL GROUP INC OHIO COM | COM | 025932104 |  | 387 | 3070 | SH |  | DFND |  | 3070 | 0 | 0 |
| DICKS SPORTING GOODS INC COM | COM | 253393102 |  | 3460 | 17493 | SH |  | DFND |  | 17493 | 0 | 0 |
| LIBERTY MEDIA CORP DEL COM LBTY ONE S C | ONE S C | 531229755 |  | 1032 | 9874 | SH |  | DFND |  | 9874 | 0 | 0 |
| VERALTO CORP COM SHS | COM SHS | 92338C103 |  | 1154 | 11430 | SH |  | DFND |  | 11430 | 0 | 0 |
| CORPAY INC COM SHS | COM SHS | 219948106 |  | 953 | 2872 | SH |  | DFND |  | 2872 | 0 | 0 |
| SOUTHERN COPPER CORP COM | COM | 84265V105 |  | 4794 | 47381 | SH |  | DFND |  | 47381 | 0 | 0 |
| CANADIAN NATL RY CO COM | COM | 136375102 |  | 179 | 1721 | SH |  | DFND |  | 1721 | 0 | 0 |
| BARINGS BDC INC COM | COM | 06759L103 |  | 4016 | 439346 | SH |  | DFND |  | 439346 | 0 | 0 |
| SIXTH STREET SPECIALTY LENDI COM | COM | 83012A109 |  | 46 | 1919 | SH |  | DFND |  | 1919 | 0 | 0 |
| OAKTREE SPECIALTY LENDING CO COM | COM | 67401P405 |  | 3815 | 279248 | SH |  | DFND |  | 279248 | 0 | 0 |
| INDUSTRIAL LOGISTICS PPTYS T COM SHS BEN INT | SH BEN INT | 456237106 |  | 10 | 2300 | SH |  | DFND |  | 2300 | 0 | 0 |
| FRANKLIN ELEC INC COM | COM | 353514102 |  | 18 | 204 | SH |  | DFND |  | 204 | 0 | 0 |
| LUCID GROUP INC COM | COM | 549498103 |  | 21 | 9850 | SH |  | DFND |  | 9850 | 0 | 0 |
| BOISE CASCADE CO DEL COM | COM | 09739D100 |  | 1178 | 13564 | SH |  | DFND |  | 13564 | 0 | 0 |
| GIBRALTAR INDS INC COM | COM | 374689107 |  | 21 | 357 | SH |  | DFND |  | 357 | 0 | 0 |
| SUNRUN INC COM | COM | 86771W105 |  | 25 | 3054 | SH |  | DFND |  | 3054 | 0 | 0 |
| GMS INC COM | COM | 36251C103 |  | 1 | 7 | SH |  | DFND |  | 7 | 0 | 0 |
| SEI INVTS CO COM | COM | 784117103 |  | 66 | 740 | SH |  | DFND |  | 740 | 0 | 0 |
| BANCFIRST CORP COM | COM | 05945F103 |  | 29 | 236 | SH |  | DFND |  | 236 | 0 | 0 |
| EAST WEST BANCORP INC COM | COM | 27579R104 |  | 99 | 984 | SH |  | DFND |  | 984 | 0 | 0 |
| WINTRUST FINL CORP COM | COM | 97650W108 |  | 59 | 473 | SH |  | DFND |  | 473 | 0 | 0 |
| STEPSTONE GROUP INC COM CL A | COM CL A | 85914M107 |  | 30 | 541 | SH |  | DFND |  | 541 | 0 | 0 |
| SYNOVUS FINL CORP COM NEW | COM NEW | 87161C501 |  | 52 | 1009 | SH |  | DFND |  | 1009 | 0 | 0 |
| BOK FINL CORP COM NEW | COM NEW | 05561Q201 |  | 44 | 454 | SH |  | DFND |  | 454 | 0 | 0 |
| VICTORY CAP HLDGS INC COM CL A | COM CL A | 92645B103 |  | 29 | 463 | SH |  | DFND |  | 463 | 0 | 0 |
| CREDIT ACCEP CORP MICH COM | COM | 225310101 |  | 44 | 86 | SH |  | DFND |  | 86 | 0 | 0 |
| FIRST FINL BANKSHARES INC COM | COM | 32020R109 |  | 37 | 1016 | SH |  | DFND |  | 1016 | 0 | 0 |
| LAZARD INC COM | COM | 52110M109 |  | 30 | 632 | SH |  | DFND |  | 632 | 0 | 0 |
| MAIN STR CAP CORP COM | COM | 56035L104 |  | 38 | 639 | SH |  | DFND |  | 639 | 0 | 0 |
| BLUE OWL CAPITAL INC COM CL A | COM CL A | 09581B103 |  | 76 | 3943 | SH |  | DFND |  | 3943 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN COM | COM | 03820C105 |  | 1394 | 5995 | SH |  | DFND |  | 5995 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO SPONSORED ADR | SPONSORED ADR | 71654V408 |  | 1159 | 92668 | SH |  | DFND |  | 92668 | 0 | 0 |
| MCDONALDS CORP COM | COM | 580135101 |  | 149 | 509 | SH |  | DFND |  | 509 | 0 | 0 |
| SHOPIFY INC CL A SUB VTG SHS | CL A | 82509L107 |  | 26731 | 231739 | SH |  | DFND |  | 0 | 0 | 231739 |
| BIO-TECHNE CORP COM | COM | 09073M104 |  | 15141 | 294283 | SH |  | DFND |  | 0 | 0 | 294283 |
| HDFC BANK LTD SPONSORED ADS | SPONSORED ADS | 40415F101 |  | 35581 | 464079 | SH |  | DFND |  | 0 | 0 | 464079 |
| SMITH A O CORP COM | COM | 831865209 |  | 4017 | 61266 | SH |  | DFND |  | 0 | 0 | 61266 |

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