# EDGAR Filing Document

**Accession Number:** 0001541743
**File Stem:** 0001580642-23-000232
**Filing Date:** 2023-1
**Character Count:** 47091
**Document Hash:** 1c08296f590ac972f7ec2e5502a8326d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-23-000232.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001580642-23-000232

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**EFFECTIVENESS DATE**: 20230113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Copeland Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001541743
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14668
- **FILM NUMBER:** 23528125

**BUSINESS ADDRESS:**
- **STREET 1:** 161 WASHINGTON STREET, SUITE 1325
- **STREET 2:** EIGHT TOWER BRIDGE
- **CITY:** CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** 484-530-4300

**MAIL ADDRESS:**
- **STREET 1:** 161 WASHINGTON STREET, SUITE 1325
- **STREET 2:** EIGHT TOWER BRIDGE
- **CITY:** CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Copeland Capital Management LLC<br>**Address:** 161 Washington Street Suite 1325<br>Eight Tower Bridge<br>Conshohocken, PA 19428

**Form 13F File Number:** 028-14668

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:** Sofia Rosala<br>**Title:** General Counsel  Chief Compliance Officer<br>**Phone:** 484-351-3700

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

/s/ Sofia Rosala  Conshohocken, PA  01-12-2023<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:** 2

**Form 13F Information Table Entry Total:** 464

**Form 13F Information Table Value Total:** $3791260

      (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.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | SEI Investment Management Corp |  |
|  | Morgan Stanley Smith Barney    |  |

### 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 |
| ADIDAS AG-SPONSORED ADR | ADR | 00687A107 |  | 2 | 24 | SH |  | SOLE |  | 24 | 0 | 0 |
| ANZ GROUP HOLDINGS LTD-ADR | ADR | 03736N104 |  | 2 | 108 | SH |  | SOLE |  | 108 | 0 | 0 |
| ASSA ABLOY AB - UNSP ADR | ADR | 045387107 |  | 2 | 174 | SH |  | SOLE |  | 174 | 0 | 0 |
| BAE SYSTEMS PLC-SPON ADR | ADR | 05523R107 |  | 2 | 58 | SH |  | SOLE |  | 58 | 0 | 0 |
| BRENNTAG SE-UNSP ADR | ADR | 107180101 |  | 3 | 216 | SH |  | SOLE |  | 216 | 0 | 0 |
| CRODA INTERNATIONAL PLC ADR | ADR | 227047305 |  | 2 | 52 | SH |  | SOLE |  | 52 | 0 | 0 |
| DBS GROUP HOLDINGS - SPON ADR | ADR | 23304Y100 |  | 4 | 35 | SH |  | SOLE |  | 35 | 0 | 0 |
| DNB ASA-SPONSOR ADR | ADR | 23341C103 |  | 3 | 173 | SH |  | SOLE |  | 173 | 0 | 0 |
| IBERDROLA SA-SPONSORED ADR | ADR | 450737101 |  | 3 | 65 | SH |  | SOLE |  | 65 | 0 | 0 |
| LVMH MOET HENNESSY-UNSP ADR | ADR | 502441306 |  | 3 | 23 | SH |  | SOLE |  | 23 | 0 | 0 |
| MTU AERO ENGINES | ADR | 62473G102 |  | 2 | 18 | SH |  | SOLE |  | 18 | 0 | 0 |
| MURATA MANUFACTURING CO LTD UN | ADR | 626425102 |  | 3 | 216 | SH |  | SOLE |  | 216 | 0 | 0 |
| NIDEC CORPORATION-SPON ADR | ADR | 654090109 |  | 3 | 196 | SH |  | SOLE |  | 196 | 0 | 0 |
| NITORI HLDGS CO LTD-UNSPON ADR | ADR | 65479L108 |  | 3 | 219 | SH |  | SOLE |  | 219 | 0 | 0 |
| RENTOKIL INITIAL PLC - SP ADR | ADR | 760125104 |  | 3 | 82 | SH |  | SOLE |  | 82 | 0 | 0 |
| ROCHE HOLDINGS LTD-SPONS ADR | ADR | 771195104 |  | 3 | 68 | SH |  | SOLE |  | 68 | 0 | 0 |
| SHIMANO INC - UNSPON ADR | ADR | 82455C101 |  | 2 | 99 | SH |  | SOLE |  | 99 | 0 | 0 |
| SHIN-ETSU CHEM-UNSPON ADR | ADR | 824551105 |  | 4 | 114 | SH |  | SOLE |  | 114 | 0 | 0 |
| SHIONOGI  CO LTD-UNSPON ADR | ADR | 824667109 |  | 3 | 237 | SH |  | SOLE |  | 237 | 0 | 0 |
| SVENSKA HANDELSB-A-UNSP ADR | ADR | 86959C103 |  | 4 | 725 | SH |  | SOLE |  | 725 | 0 | 0 |
| TECHTRONIC INDUSTRIES-SP ADR | ADR | 87873R101 |  | 2 | 34 | SH |  | SOLE |  | 34 | 0 | 0 |
| TELEPERFORMANCE UNSPONSORD ADR | ADR | 87946F100 |  | 1 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| TERNA SPA-UNSPONSORED ADR | ADR | 88088L103 |  | 2 | 86 | SH |  | SOLE |  | 86 | 0 | 0 |
| TESCO PLC-SPONSORED ADR | ADR | 881575401 |  | 2 | 246 | SH |  | SOLE |  | 246 | 0 | 0 |
| THALES SA - UNSPON ADR | ADR | 883219206 |  | 3 | 114 | SH |  | SOLE |  | 114 | 0 | 0 |
| WOLTERS KLUWER NV-SPONS ADR | ADR | 977874205 |  | 2 | 18 | SH |  | SOLE |  | 18 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 180 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| A10 NETWORKS INC | COM | 002121101 |  | 31 | 1874 | SH |  | SOLE |  | 1874 | 0 | 0 |
| AARON'S CO INC/THE | COM | 00258W108 |  | 0 | 36 | SH |  | DFND | 05 | 0 | 36 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 137 | 1248 | SH |  | SOLE |  | 1248 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 278 | 1720 | SH |  | SOLE |  | 1720 | 0 | 0 |
| ABM INDUSTRIES INC | COM | 000957100 |  | 45602 | 1026618 | SH |  | SOLE |  | 861064 | 0 | 165554 |
| ABM INDUSTRIES INC | COM | 000957100 |  | 4311 | 97053 | SH |  | DFND | 05 | 0 | 97053 | 0 |
| ABM INDUSTRIES INC | COM | 000957100 |  | 5301 | 119343 | SH |  | DFND | 04 | 0 | 119343 | 0 |
| ACCENTURE PLC | COM | G1151C101 |  | 4525 | 16959 | SH |  | SOLE |  | 16959 | 0 | 0 |
| ACCENTURE PLC | COM | G1151C101 |  | 2043 | 7658 | SH |  | DFND | 04 | 0 | 7658 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 247 | 3231 | SH |  | SOLE |  | 3231 | 0 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 12218 | 83098 | SH |  | SOLE |  | 79398 | 0 | 3700 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 2960 | 20133 | SH |  | DFND | 05 | 0 | 20133 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 3966 | 26971 | SH |  | DFND | 04 | 0 | 26971 | 0 |
| AIR LEASE CORP | COM | 00912X302 |  | 48301 | 1257182 | SH |  | SOLE |  | 1050615 | 0 | 206567 |
| AIR LEASE CORP | COM | 00912X302 |  | 3900 | 101509 | SH |  | DFND | 05 | 0 | 101509 | 0 |
| AIR LEASE CORP | COM | 00912X302 |  | 4833 | 125787 | SH |  | DFND | 04 | 0 | 125787 | 0 |
| AIR PRODUCTS  CHEMICALS INC | COM | 009158106 |  | 5702 | 18497 | SH |  | SOLE |  | 18497 | 0 | 0 |
| AIR PRODUCTS  CHEMICALS INC | COM | 009158106 |  | 3173 | 10292 | SH |  | DFND | 04 | 0 | 10292 | 0 |
| ALBEMARLE | COM | 012653101 |  | 209 | 963 | SH |  | SOLE |  | 963 | 0 | 0 |
| ALEXANDRIA REAL EST REIT | COM | 015271109 |  | 1125 | 7723 | SH |  | SOLE |  | 7723 | 0 | 0 |
| ALGONQUIN POWER  UTILITIES | COM | 015857105 |  | 14432 | 2213492 | SH |  | SOLE |  | 1836466 | 0 | 377026 |
| ALGONQUIN POWER  UTILITIES | COM | 015857105 |  | 1288 | 197489 | SH |  | DFND | 05 | 0 | 197489 | 0 |
| ALGONQUIN POWER  UTILITIES | COM | 015857105 |  | 1830 | 280601 | SH |  | DFND | 04 | 0 | 280601 | 0 |
| ALLISON TRANSMISSION HOLDING | COM | 01973R101 |  | 47877 | 1150891 | SH |  | SOLE |  | 966435 | 0 | 184456 |
| ALLISON TRANSMISSION HOLDING | COM | 01973R101 |  | 4719 | 113429 | SH |  | DFND | 05 | 0 | 113429 | 0 |
| ALLISON TRANSMISSION HOLDING | COM | 01973R101 |  | 5512 | 132501 | SH |  | DFND | 04 | 0 | 132501 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 1179 | 8696 | SH |  | SOLE |  | 8696 | 0 | 0 |
| ALPHABET INC | COM | 02079K107 |  | 37 | 420 | SH |  | SOLE |  | 420 | 0 | 0 |
| ALTRA INDUSTRIAL MOTION | COM | 02208R106 |  | 50350 | 842675 | SH |  | SOLE |  | 691357 | 0 | 151318 |
| ALTRA INDUSTRIAL MOTION | COM | 02208R106 |  | 3439 | 57552 | SH |  | DFND | 05 | 0 | 57552 | 0 |
| ALTRA INDUSTRIAL MOTION | COM | 02208R106 |  | 4092 | 68486 | SH |  | DFND | 04 | 0 | 68486 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 30 | 653 | SH |  | SOLE |  | 653 | 0 | 0 |
| AMAZON.COM INC | COM | 023135106 |  | 44 | 520 | SH |  | SOLE |  | 520 | 0 | 0 |
| AMDOCS LTD | COM | G02602103 |  | 5 | 52 | SH |  | SOLE |  | 52 | 0 | 0 |
| AMERICAN TOWER | COM | 03027X100 |  | 588 | 2775 | SH |  | SOLE |  | 2775 | 0 | 0 |
| AMERICAN WATER WORKS CO INC | COM | 030420103 |  | 69 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| AMERIPRISE FINANCIAL INC | COM | 03076C106 |  | 6442 | 20688 | SH |  | SOLE |  | 20688 | 0 | 0 |
| AMERIPRISE FINANCIAL INC | COM | 03076C106 |  | 3720 | 11946 | SH |  | DFND | 04 | 0 | 11946 | 0 |
| AMGEN INC | COM | 031162100 |  | 108 | 411 | SH |  | SOLE |  | 411 | 0 | 0 |
| AMPHENOL CORP CLASS A | COM | 032095101 |  | 295 | 3876 | SH |  | SOLE |  | 3876 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 7431 | 57190 | SH |  | SOLE |  | 57190 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4434 | 34123 | SH |  | DFND | 04 | 0 | 34123 | 0 |
| ARIS WATER SOLUTION INC-A | COM | 04041L106 |  | 17366 | 1205156 | SH |  | SOLE |  | 941258 | 0 | 263898 |
| ASTEC INDS INC | COM | 046224101 |  | 29 | 715 | SH |  | SOLE |  | 715 | 0 | 0 |
| ASTRAZENECA PLC ADR F SPONSORE | COM | 046353108 |  | 3 | 41 | SH |  | SOLE |  | 41 | 0 | 0 |
| AT | COM | 00206R102 |  | 15 | 815 | SH |  | SOLE |  | 815 | 0 | 0 |
| ATRION CORP | COM | 049904105 |  | 35 | 62 | SH |  | SOLE |  | 62 | 0 | 0 |
| AUDIOCODES LTD | COM | M15342104 |  | 19848 | 1109434 | SH |  | SOLE |  | 867095 | 0 | 242339 |
| AUTO DATA PROCESSING | COM | 053015103 |  | 4365 | 18276 | SH |  | SOLE |  | 18276 | 0 | 0 |
| AUTO DATA PROCESSING | COM | 053015103 |  | 3073 | 12865 | SH |  | DFND | 04 | 0 | 12865 | 0 |
| BADGER METER INC | COM | 056525108 |  | 6 | 57 | SH |  | DFND | 05 | 0 | 57 | 0 |
| BANK OZK | COM | 06417N103 |  | 61411 | 1532972 | SH |  | SOLE |  | 1273104 | 0 | 259868 |
| BANK OZK | COM | 06417N103 |  | 4919 | 122786 | SH |  | DFND | 05 | 0 | 122786 | 0 |
| BANK OZK | COM | 06417N103 |  | 5909 | 147509 | SH |  | DFND | 04 | 0 | 147509 | 0 |
| BEST BUY CO INC | COM | 086516101 |  | 4 | 44 | SH |  | SOLE |  | 44 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 5069 | 7153 | SH |  | SOLE |  | 7153 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 3169 | 4472 | SH |  | DFND | 04 | 0 | 4472 | 0 |
| BLUEGREEN VACATIONS HOLDING | COM | 096308101 |  | 40 | 1593 | SH |  | SOLE |  | 1593 | 0 | 0 |
| BOOZ ALLEN HAMILTON HOLDINGS | COM | 099502106 |  | 16169 | 154702 | SH |  | SOLE |  | 147967 | 0 | 6735 |
| BOOZ ALLEN HAMILTON HOLDINGS | COM | 099502106 |  | 4514 | 43191 | SH |  | DFND | 05 | 0 | 43191 | 0 |
| BOOZ ALLEN HAMILTON HOLDINGS | COM | 099502106 |  | 5214 | 49885 | SH |  | DFND | 04 | 0 | 49885 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3 | 38 | SH |  | SOLE |  | 38 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 6789 | 12141 | SH |  | SOLE |  | 12141 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 3973 | 7106 | SH |  | DFND | 04 | 0 | 7106 | 0 |
| BROADRIDGE FINANCIAL SOLUTIO | COM | 11133T103 |  | 12304 | 91735 | SH |  | SOLE |  | 87917 | 0 | 3818 |
| BROADRIDGE FINANCIAL SOLUTIO | COM | 11133T103 |  | 3224 | 24036 | SH |  | DFND | 05 | 0 | 24036 | 0 |
| BROADRIDGE FINANCIAL SOLUTIO | COM | 11133T103 |  | 3906 | 29120 | SH |  | DFND | 04 | 0 | 29120 | 0 |
| BROOKFIELD INFRASTRUCTURE-A | COM | 11275Q107 |  | 27099 | 696621 | SH |  | SOLE |  | 583251 | 0 | 113370 |
| BROOKFIELD INFRASTRUCTURE-A | COM | 11275Q107 |  | 2342 | 60212 | SH |  | DFND | 05 | 0 | 60212 | 0 |
| BROOKFIELD INFRASTRUCTURE-A | COM | 11275Q107 |  | 3045 | 78283 | SH |  | DFND | 04 | 0 | 78283 | 0 |
| BRUNSWICK CORP | COM | 117043109 |  | 46070 | 639156 | SH |  | SOLE |  | 538299 | 0 | 100857 |
| BRUNSWICK CORP | COM | 117043109 |  | 4368 | 60603 | SH |  | DFND | 05 | 0 | 60603 | 0 |
| BRUNSWICK CORP | COM | 117043109 |  | 5299 | 73515 | SH |  | DFND | 04 | 0 | 73515 | 0 |
| BWX TECHNOLOGIES | COM | 05605H100 |  | 49392 | 850412 | SH |  | SOLE |  | 704733 | 0 | 145679 |
| BWX TECHNOLOGIES | COM | 05605H100 |  | 3711 | 63899 | SH |  | DFND | 05 | 0 | 63899 | 0 |
| BWX TECHNOLOGIES | COM | 05605H100 |  | 4505 | 77573 | SH |  | DFND | 04 | 0 | 77573 | 0 |
| C S G SYSTEMS INTL | COM | 126349109 |  | 35 | 614 | SH |  | SOLE |  | 614 | 0 | 0 |
| CABLE ONE INC | COM | 12685J105 |  | 45180 | 63468 | SH |  | SOLE |  | 53467 | 0 | 10001 |
| CABLE ONE INC | COM | 12685J105 |  | 3573 | 5019 | SH |  | DFND | 05 | 0 | 5019 | 0 |
| CABLE ONE INC | COM | 12685J105 |  | 5267 | 7399 | SH |  | DFND | 04 | 0 | 7399 | 0 |
| CANADIAN NATURAL RESOURCES | COM | 136385101 |  | 4 | 72 | SH |  | SOLE |  | 72 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 11766 | 49930 | SH |  | SOLE |  | 47563 | 0 | 2367 |
| CARLISLE COS INC | COM | 142339100 |  | 3533 | 14993 | SH |  | DFND | 05 | 0 | 14993 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 4105 | 17418 | SH |  | DFND | 04 | 0 | 17418 | 0 |
| CARRIAGE SERVICES | COM | 143905107 |  | 20 | 739 | SH |  | SOLE |  | 739 | 0 | 0 |
| CASEY'S GENERAL STORES INC | COM | 147528103 |  | 58366 | 260156 | SH |  | SOLE |  | 217507 | 0 | 42649 |
| CASEY'S GENERAL STORES INC | COM | 147528103 |  | 5001 | 22293 | SH |  | DFND | 05 | 0 | 22293 | 0 |
| CASEY'S GENERAL STORES INC | COM | 147528103 |  | 5730 | 25540 | SH |  | DFND | 04 | 0 | 25540 | 0 |
| CASS INFORMATION SYS | COM | 14808P109 |  | 31 | 680 | SH |  | SOLE |  | 680 | 0 | 0 |
| CDW CORP/DE | COM | 12514G108 |  | 6034 | 33787 | SH |  | SOLE |  | 33787 | 0 | 0 |
| CDW CORP/DE | COM | 12514G108 |  | 3577 | 20033 | SH |  | DFND | 04 | 0 | 20033 | 0 |
| CHEMED CORP | COM | 16359R103 |  | 65213 | 127760 | SH |  | SOLE |  | 107529 | 0 | 20231 |
| CHEMED CORP | COM | 16359R103 |  | 5592 | 10956 | SH |  | DFND | 05 | 0 | 10956 | 0 |
| CHEMED CORP | COM | 16359R103 |  | 9769 | 19138 | SH |  | DFND | 04 | 0 | 19138 | 0 |
| CHESAPEAKE UTILITIES CORP | COM | 165303108 |  | 41564 | 351704 | SH |  | SOLE |  | 284729 | 0 | 66975 |
| CHESAPEAKE UTILITIES CORP | COM | 165303108 |  | 2199 | 18608 | SH |  | DFND | 05 | 0 | 18608 | 0 |
| CHESAPEAKE UTILITIES CORP | COM | 165303108 |  | 2643 | 22364 | SH |  | DFND | 04 | 0 | 22364 | 0 |
| CHORD ENERGY CORP | COM | 674215207 |  | 56754 | 414840 | SH |  | SOLE |  | 343603 | 0 | 71237 |
| CHORD ENERGY CORP | COM | 674215207 |  | 4734 | 34604 | SH |  | DFND | 05 | 0 | 34604 | 0 |
| CHORD ENERGY CORP | COM | 674215207 |  | 5583 | 40812 | SH |  | DFND | 04 | 0 | 40812 | 0 |
| CHUBB LTD | COM | H1467J104 |  | 19 | 86 | SH |  | SOLE |  | 86 | 0 | 0 |
| CHURCH  DWIGHT | COM | 171340102 |  | 797 | 9883 | SH |  | SOLE |  | 9883 | 0 | 0 |
| CHURCHILL DOWNS | COM | 171484108 |  | 19285 | 91211 | SH |  | SOLE |  | 87125 | 0 | 4086 |
| CHURCHILL DOWNS | COM | 171484108 |  | 5423 | 25651 | SH |  | DFND | 05 | 0 | 25651 | 0 |
| CHURCHILL DOWNS | COM | 171484108 |  | 6359 | 30074 | SH |  | DFND | 04 | 0 | 30074 | 0 |
| CISCO SYSTEMS INC | COM | 17275R102 |  | 4 | 74 | SH |  | SOLE |  | 74 | 0 | 0 |
| CIVITAS RESOURCES INC | COM | 17888H103 |  | 43825 | 756515 | SH |  | SOLE |  | 622403 | 0 | 134112 |
| CIVITAS RESOURCES INC | COM | 17888H103 |  | 2819 | 48664 | SH |  | DFND | 05 | 0 | 48664 | 0 |
| CIVITAS RESOURCES INC | COM | 17888H103 |  | 3567 | 61566 | SH |  | DFND | 04 | 0 | 61566 | 0 |
| COGENT COMMUNICATIONS | COM | 19239V302 |  | 42373 | 742352 | SH |  | SOLE |  | 623475 | 0 | 118877 |
| COGENT COMMUNICATIONS | COM | 19239V302 |  | 3557 | 62324 | SH |  | DFND | 05 | 0 | 62324 | 0 |
| COGENT COMMUNICATIONS | COM | 19239V302 |  | 4564 | 79960 | SH |  | DFND | 04 | 0 | 79960 | 0 |
| COGNEX CORP | COM | 192422103 |  | 8323 | 176677 | SH |  | SOLE |  | 168559 | 0 | 8118 |
| COGNEX CORP | COM | 192422103 |  | 2313 | 49105 | SH |  | DFND | 05 | 0 | 49105 | 0 |
| COGNEX CORP | COM | 192422103 |  | 2860 | 60717 | SH |  | DFND | 04 | 0 | 60717 | 0 |
| COGNIZANT TECH SOLUTIONS-A | COM | 192446102 |  | 3 | 58 | SH |  | SOLE |  | 58 | 0 | 0 |
| COHEN  STEERS INC | COM | 19247A100 |  | 41321 | 640045 | SH |  | SOLE |  | 534242 | 0 | 105803 |
| COHEN  STEERS INC | COM | 19247A100 |  | 3492 | 54085 | SH |  | DFND | 05 | 0 | 54085 | 0 |
| COHEN  STEERS INC | COM | 19247A100 |  | 4268 | 66116 | SH |  | DFND | 04 | 0 | 66116 | 0 |
| COMCAST CORP | COM | 20030N101 |  | 3 | 72 | SH |  | SOLE |  | 72 | 0 | 0 |
| CONNECTONE BANCORP INC | COM | 20786W107 |  | 32 | 1317 | SH |  | SOLE |  | 1317 | 0 | 0 |
| CONSTELLATION BRANDS INC-A | COM | 21036P108 |  | 4396 | 18970 | SH |  | SOLE |  | 18970 | 0 | 0 |
| CONSTELLATION BRANDS INC-A | COM | 21036P108 |  | 3138 | 13539 | SH |  | DFND | 04 | 0 | 13539 | 0 |
| COSTCO WHOLESALE | COM | 22160K105 |  | 4927 | 10792 | SH |  | SOLE |  | 10792 | 0 | 0 |
| COSTCO WHOLESALE | COM | 22160K105 |  | 2965 | 6494 | SH |  | DFND | 04 | 0 | 6494 | 0 |
| COTERRA ENERGY | COM | 127097103 |  | 11284 | 459255 | SH |  | SOLE |  | 436067 | 0 | 23188 |
| COTERRA ENERGY | COM | 127097103 |  | 3437 | 139873 | SH |  | DFND | 05 | 0 | 139873 | 0 |
| COTERRA ENERGY | COM | 127097103 |  | 4029 | 163978 | SH |  | DFND | 04 | 0 | 163978 | 0 |
| CRA INTERNATIONAL INC | COM | 12618T105 |  | 34083 | 278385 | SH |  | SOLE |  | 218490 | 0 | 59895 |
| DANAHER | COM | 235851102 |  | 3467 | 13063 | SH |  | SOLE |  | 13063 | 0 | 0 |
| DANAHER | COM | 235851102 |  | 2992 | 11272 | SH |  | DFND | 04 | 0 | 11272 | 0 |
| DIAGEO PLC ADR | COM | 25243Q205 |  | 3 | 18 | SH |  | SOLE |  | 18 | 0 | 0 |
| DIAMOND HILL INVT GP CLASS A | COM | 25264r207 |  | 31 | 170 | SH |  | SOLE |  | 170 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 15377 | 112422 | SH |  | SOLE |  | 108230 | 0 | 4192 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 3637 | 26588 | SH |  | DFND | 05 | 0 | 26588 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 5401 | 39488 | SH |  | DFND | 04 | 0 | 39488 | 0 |
| DIGITAL REALTY TRUST REIT | COM | 253868103 |  | 51 | 510 | SH |  | SOLE |  | 510 | 0 | 0 |
| DISCOVER FINANCIAL SERVICES | COM | 254709108 |  | 4611 | 47129 | SH |  | SOLE |  | 47129 | 0 | 0 |
| DISCOVER FINANCIAL SERVICES | COM | 254709108 |  | 3 | 35 | SH |  | DFND | 05 | 0 | 35 | 0 |
| DISCOVER FINANCIAL SERVICES | COM | 254709108 |  | 2871 | 29345 | SH |  | DFND | 04 | 0 | 29345 | 0 |
| DOLLAR GENERAL | COM | 256677105 |  | 5258 | 21353 | SH |  | SOLE |  | 21353 | 0 | 0 |
| DOLLAR GENERAL | COM | 256677105 |  | 3032 | 12314 | SH |  | DFND | 04 | 0 | 12314 | 0 |
| DOMINO'S PIZZA INC | COM | 25754A201 |  | 12394 | 35780 | SH |  | SOLE |  | 34230 | 0 | 1550 |
| DOMINO'S PIZZA INC | COM | 25754A201 |  | 3093 | 8929 | SH |  | DFND | 05 | 0 | 8929 | 0 |
| DOMINO'S PIZZA INC | COM | 25754A201 |  | 4134 | 11934 | SH |  | DFND | 04 | 0 | 11934 | 0 |
| DR HORTON INC | COM | 23331A109 |  | 10 | 111 | SH |  | SOLE |  | 111 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 12 | 983 | SH |  | SOLE |  | 983 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 38918 | 2139501 | SH |  | SOLE |  | 1779619 | 0 | 359882 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 3277 | 180179 | SH |  | DFND | 05 | 0 | 180179 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 3964 | 217921 | SH |  | DFND | 04 | 0 | 217921 | 0 |
| EMBECTA CORP | COM | 29082K105 |  | 25 | 989 | SH |  | SOLE |  | 989 | 0 | 0 |
| ENCOMPASS HEALTH | COM | 29261A100 |  | 49723 | 831349 | SH |  | SOLE |  | 697679 | 0 | 133670 |
| ENCOMPASS HEALTH | COM | 29261A100 |  | 4190 | 70059 | SH |  | DFND | 05 | 0 | 70059 | 0 |
| ENCOMPASS HEALTH | COM | 29261A100 |  | 4925 | 82346 | SH |  | DFND | 04 | 0 | 82346 | 0 |
| ENSIGN GROUP | COM | 29358P101 |  | 75805 | 801241 | SH |  | SOLE |  | 667799 | 0 | 133442 |
| ENSIGN GROUP | COM | 29358P101 |  | 6213 | 65666 | SH |  | DFND | 05 | 0 | 65666 | 0 |
| ENSIGN GROUP | COM | 29358P101 |  | 7162 | 75696 | SH |  | DFND | 04 | 0 | 75696 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 13576 | 206977 | SH |  | SOLE |  | 196808 | 0 | 10169 |
| ENTEGRIS INC | COM | 29362U104 |  | 3607 | 54996 | SH |  | DFND | 05 | 0 | 54996 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 4888 | 74517 | SH |  | DFND | 04 | 0 | 74517 | 0 |
| ENTERPRISE PRD PRTNRS LP | COM | 293792107 |  | 38 | 1574 | SH |  | SOLE |  | 1574 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 4259 | 6503 | SH |  | SOLE |  | 6503 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 1846 | 2818 | SH |  | DFND | 04 | 0 | 2818 | 0 |
| EQUITY LIFESTYLE PROPERTIES | COM | 29472R108 |  | 1063 | 16452 | SH |  | SOLE |  | 16452 | 0 | 0 |
| EVERCORE INC - A | COM | 29977A105 |  | 1 | 10 | SH |  | DFND | 05 | 0 | 10 | 0 |
| EVOLUTION PETROLEUM | COM | 30049A107 |  | 29 | 3808 | SH |  | SOLE |  | 3808 | 0 | 0 |
| EXP WORLD HOLDING | COM | 30212W100 |  | 33543 | 3027336 | SH |  | SOLE |  | 2529407 | 0 | 497929 |
| EXP WORLD HOLDING | COM | 30212W100 |  | 2609 | 235491 | SH |  | DFND | 05 | 0 | 235491 | 0 |
| EXP WORLD HOLDING | COM | 30212W100 |  | 3611 | 325871 | SH |  | DFND | 04 | 0 | 325871 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 4 | 38 | SH |  | SOLE |  | 38 | 0 | 0 |
| EXPONENT INC | COM | 30214U102 |  | 6 | 57 | SH |  | DFND | 05 | 0 | 57 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 411 | 3725 | SH |  | SOLE |  | 3725 | 0 | 0 |
| FACTSET RESEARCH SYSTEMS INC | COM | 303075105 |  | 17595 | 43856 | SH |  | SOLE |  | 42172 | 0 | 1684 |
| FACTSET RESEARCH SYSTEMS INC | COM | 303075105 |  | 4070 | 10144 | SH |  | DFND | 05 | 0 | 10144 | 0 |
| FACTSET RESEARCH SYSTEMS INC | COM | 303075105 |  | 7044 | 17557 | SH |  | DFND | 04 | 0 | 17557 | 0 |
| FAT BRANDS INC | COM | 30258N105 |  | 19 | 3864 | SH |  | SOLE |  | 3864 | 0 | 0 |
| FEDERAL AGRIC MTG CORP-CL C | COM | 313148306 |  | 37119 | 329328 | SH |  | SOLE |  | 258759 | 0 | 70569 |
| FIDELITY NATIONAL INFORMATION | COM | 31620M106 |  | 937 | 13804 | SH |  | SOLE |  | 13804 | 0 | 0 |
| FORTIS INC | COM | 349553107 |  | 2 | 57 | SH |  | SOLE |  | 57 | 0 | 0 |
| FS BANCORP INC | COM | 30263Y104 |  | 35 | 1059 | SH |  | SOLE |  | 1059 | 0 | 0 |
| GENERAL ELECTRIC | COM | 369604301 |  | 21 | 256 | SH |  | SOLE |  | 256 | 0 | 0 |
| GFL ENVIRONMENTAL | COM | 36168Q104 |  | 15191 | 519713 | SH |  | SOLE |  | 495115 | 0 | 24598 |
| GFL ENVIRONMENTAL | COM | 36168Q104 |  | 4137 | 141518 | SH |  | DFND | 05 | 0 | 141518 | 0 |
| GFL ENVIRONMENTAL | COM | 36168Q104 |  | 5260 | 179969 | SH |  | DFND | 04 | 0 | 179969 | 0 |
| GLOBAL INDUSTRIAL | COM | 37892E102 |  | 41 | 1753 | SH |  | SOLE |  | 1753 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 13690 | 113560 | SH |  | SOLE |  | 107796 | 0 | 5764 |
| GLOBE LIFE INC | COM | 37959E102 |  | 4608 | 38222 | SH |  | DFND | 05 | 0 | 38222 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 5064 | 42009 | SH |  | DFND | 04 | 0 | 42009 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3 | 8 | SH |  | SOLE |  | 8 | 0 | 0 |
| GORMAN RUPP CO | COM | 383082104 |  | 29 | 1127 | SH |  | SOLE |  | 1127 | 0 | 0 |
| HACKETT GROUP INC | COM | 404609109 |  | 34 | 1661 | SH |  | SOLE |  | 1661 | 0 | 0 |
| HAMILTON LANE | COM | 407497106 |  | 42492 | 665185 | SH |  | SOLE |  | 553290 | 0 | 111895 |
| HAMILTON LANE | COM | 407497106 |  | 3336 | 52225 | SH |  | DFND | 05 | 0 | 52225 | 0 |
| HAMILTON LANE | COM | 407497106 |  | 4239 | 66355 | SH |  | DFND | 04 | 0 | 66355 | 0 |
| HERSHEY CO/THE | COM | 427866108 |  | 3 | 15 | SH |  | SOLE |  | 15 | 0 | 0 |
| HINGHAM INSTN SVGS | COM | 433323102 |  | 26 | 96 | SH |  | SOLE |  | 96 | 0 | 0 |
| HIREQUEST INC | COM | 433535101 |  | 34 | 2141 | SH |  | SOLE |  | 2141 | 0 | 0 |
| HOME BANCSHARES INC | COM | 436893200 |  | 55611 | 2440143 | SH |  | SOLE |  | 2036974 | 0 | 403169 |
| HOME BANCSHARES INC | COM | 436893200 |  | 4842 | 212472 | SH |  | DFND | 05 | 0 | 212472 | 0 |
| HOME BANCSHARES INC | COM | 436893200 |  | 6027 | 264464 | SH |  | DFND | 04 | 0 | 264464 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 4983 | 15776 | SH |  | SOLE |  | 15776 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2961 | 9373 | SH |  | DFND | 04 | 0 | 9373 | 0 |
| HOOKER FURNISHINGS CORP | COM | 439038100 |  | 29 | 1540 | SH |  | SOLE |  | 1540 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3 | 97 | SH |  | SOLE |  | 97 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 193 | 377 | SH |  | SOLE |  | 377 | 0 | 0 |
| HUNT (JB) TRANSPRT SVCS INC | COM | 445658107 |  | 217 | 1245 | SH |  | SOLE |  | 1245 | 0 | 0 |
| HUNTINGTON INGALLS INDUSTRIE | COM | 446413106 |  | 1885 | 8172 | SH |  | SOLE |  | 8172 | 0 | 0 |
| HUNTINGTON INGALLS INDUSTRIE | COM | 446413106 |  | 23 | 98 | SH |  | DFND | 05 | 0 | 98 | 0 |
| HURCO COMPANIES INC | COM | 447324104 |  | 32 | 1235 | SH |  | SOLE |  | 1235 | 0 | 0 |
| INFORMATION SVCS GP | COM | 45675Y104 |  | 34 | 7391 | SH |  | SOLE |  | 7391 | 0 | 0 |
| INSPERITY INC | COM | 45778Q107 |  | 54252 | 477573 | SH |  | SOLE |  | 399497 | 0 | 78076 |
| INSPERITY INC | COM | 45778Q107 |  | 4647 | 40907 | SH |  | DFND | 05 | 0 | 40907 | 0 |
| INSPERITY INC | COM | 45778Q107 |  | 5450 | 47973 | SH |  | DFND | 04 | 0 | 47973 | 0 |
| INTER PARFUMS INC | COM | 458334109 |  | 60663 | 628499 | SH |  | SOLE |  | 525712 | 0 | 102787 |
| INTER PARFUMS INC | COM | 458334109 |  | 5189 | 53760 | SH |  | DFND | 05 | 0 | 53760 | 0 |
| INTER PARFUMS INC | COM | 458334109 |  | 5759 | 59671 | SH |  | DFND | 04 | 0 | 59671 | 0 |
| INTUIT INC | COM | 461202103 |  | 4543 | 11673 | SH |  | SOLE |  | 11673 | 0 | 0 |
| INTUIT INC | COM | 461202103 |  | 2647 | 6800 | SH |  | DFND | 04 | 0 | 6800 | 0 |
| ISHARES RUSSELL MIDCAP INDEX | COM | 464287499 |  | 14426 | 213875 | SH |  | DFND | 05 | 0 | 213875 | 0 |
| ISHARES TR RUSSELL 2000 INDX | COM | 464287655 |  | 12417 | 71216 | SH |  | SOLE |  | 68290 | 0 | 2926 |
| ISHARES TRUST REG SHS S MIDC | COM | 464287507 |  | 30 | 122 | SH |  | DFND | 05 | 0 | 122 | 0 |
| JACK HENRY  ASSOCIATES INC | COM | 426281101 |  | 13767 | 78418 | SH |  | SOLE |  | 74635 | 0 | 3783 |
| JACK HENRY  ASSOCIATES INC | COM | 426281101 |  | 4216 | 24014 | SH |  | DFND | 05 | 0 | 24014 | 0 |
| JACK HENRY  ASSOCIATES INC | COM | 426281101 |  | 4693 | 26733 | SH |  | DFND | 04 | 0 | 26733 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 345 | 1955 | SH |  | SOLE |  | 1955 | 0 | 0 |
| JPMORGAN CHASE | COM | 46625H100 |  | 320 | 2385 | SH |  | SOLE |  | 2385 | 0 | 0 |
| KADANT INC | COM | 48282T104 |  | 29 | 165 | SH |  | SOLE |  | 165 | 0 | 0 |
| KAISER ALUMINUM | COM | 483007704 |  | 22965 | 302333 | SH |  | SOLE |  | 236019 | 0 | 66314 |
| KENNEDY - WILSON HOLDINGS INC. | COM | 489398107 |  | 33001 | 2097953 | SH |  | SOLE |  | 1765983 | 0 | 331970 |
| KENNEDY - WILSON HOLDINGS INC. | COM | 489398107 |  | 3152 | 200374 | SH |  | DFND | 05 | 0 | 200374 | 0 |
| KENNEDY - WILSON HOLDINGS INC. | COM | 489398107 |  | 4100 | 260666 | SH |  | DFND | 04 | 0 | 260666 | 0 |
| KFORCE INC | COM | 493732101 |  | 27 | 496 | SH |  | SOLE |  | 496 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 3 | 69 | SH |  | SOLE |  | 69 | 0 | 0 |
| KULICKE  SOFFA INDUSTRIES | COM | 501242101 |  | 39075 | 882845 | SH |  | SOLE |  | 742936 | 0 | 139909 |
| KULICKE  SOFFA INDUSTRIES | COM | 501242101 |  | 4052 | 91546 | SH |  | DFND | 05 | 0 | 91546 | 0 |
| KULICKE  SOFFA INDUSTRIES | COM | 501242101 |  | 4786 | 108124 | SH |  | DFND | 04 | 0 | 108124 | 0 |
| LAKELAND FINANCIAL CORP | COM | 511656100 |  | 40855 | 559882 | SH |  | SOLE |  | 440170 | 0 | 119712 |
| LANDSTAR SYSTEM INC | COM | 515098101 |  | 52056 | 319559 | SH |  | SOLE |  | 266371 | 0 | 53188 |
| LANDSTAR SYSTEM INC | COM | 515098101 |  | 4451 | 27324 | SH |  | DFND | 05 | 0 | 27324 | 0 |
| LANDSTAR SYSTEM INC | COM | 515098101 |  | 5288 | 32462 | SH |  | DFND | 04 | 0 | 32462 | 0 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 50120 | 1089090 | SH |  | SOLE |  | 904028 | 0 | 185062 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 3968 | 86220 | SH |  | DFND | 05 | 0 | 86220 | 0 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 4702 | 102168 | SH |  | DFND | 04 | 0 | 102168 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 506 | 1382 | SH |  | SOLE |  | 1382 | 0 | 0 |
| LINDE PLC F | COM | G5494J103 |  | 23 | 70 | SH |  | SOLE |  | 70 | 0 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 42979 | 195180 | SH |  | SOLE |  | 162518 | 0 | 32662 |
| LITTELFUSE INC | COM | 537008104 |  | 3811 | 17306 | SH |  | DFND | 05 | 0 | 17306 | 0 |
| LITTELFUSE INC | COM | 537008104 |  | 4573 | 20766 | SH |  | DFND | 04 | 0 | 20766 | 0 |
| LOGITECH INTERNATIONAL-REG | COM | H50430232 |  | 2 | 28 | SH |  | SOLE |  | 28 | 0 | 0 |
| MAGIC SFTWR ENTERPRS F | COM | 559166103 |  | 31 | 1954 | SH |  | SOLE |  | 1954 | 0 | 0 |
| MATERION CORP | COM | 576690101 |  | 40237 | 459803 | SH |  | SOLE |  | 361252 | 0 | 98551 |
| MCDONALDS CORP | COM | 580135101 |  | 156 | 591 | SH |  | SOLE |  | 591 | 0 | 0 |
| MEDIFAST INC | COM | 58470H101 |  | 31 | 268 | SH |  | SOLE |  | 268 | 0 | 0 |
| MERCK  CO. INC. | COM | 58933Y105 |  | 67 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4459 | 18594 | SH |  | SOLE |  | 18594 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 3776 | 15745 | SH |  | DFND | 04 | 0 | 15745 | 0 |
| MONOLITHIC POWER SYS INC | COM | 609839105 |  | 2850 | 8059 | SH |  | SOLE |  | 8059 | 0 | 0 |
| MONOLITHIC POWER SYS INC | COM | 609839105 |  | 1256 | 3553 | SH |  | DFND | 04 | 0 | 3553 | 0 |
| MONRO INC | COM | 610236101 |  | 40405 | 893925 | SH |  | SOLE |  | 744055 | 0 | 149870 |
| MONRO INC | COM | 610236101 |  | 3578 | 79158 | SH |  | DFND | 05 | 0 | 79158 | 0 |
| MONRO INC | COM | 610236101 |  | 4326 | 95713 | SH |  | DFND | 04 | 0 | 95713 | 0 |
| MORGAN STANLEY | COM | 617446448 |  | 4124 | 48508 | SH |  | SOLE |  | 48508 | 0 | 0 |
| MORGAN STANLEY | COM | 617446448 |  | 2458 | 28916 | SH |  | DFND | 04 | 0 | 28916 | 0 |
| MORNINGSTAR INC | COM | 617700109 |  | 12543 | 57912 | SH |  | SOLE |  | 55117 | 0 | 2795 |
| MORNINGSTAR INC | COM | 617700109 |  | 3369 | 15557 | SH |  | DFND | 05 | 0 | 15557 | 0 |
| MORNINGSTAR INC | COM | 617700109 |  | 4447 | 20534 | SH |  | DFND | 04 | 0 | 20534 | 0 |
| MOTOROLA SOLUTIONS INC | COM | 620076307 |  | 6595 | 25591 | SH |  | SOLE |  | 25591 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM | 620076307 |  | 3458 | 13417 | SH |  | DFND | 04 | 0 | 13417 | 0 |
| MSC INDUSTRIAL DIRECT CO-A | COM | 553530106 |  | 13 | 161 | SH |  | DFND | 05 | 0 | 161 | 0 |
| MSCI INC | COM | 55354G100 |  | 3833 | 8239 | SH |  | SOLE |  | 8239 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 2080 | 4472 | SH |  | DFND | 04 | 0 | 4472 | 0 |
| NATIONAL HEALTHCARE | COM | 635906100 |  | 33 | 552 | SH |  | SOLE |  | 552 | 0 | 0 |
| NATURAL GROCERS | COM | 63888U108 |  | 14 | 1583 | SH |  | SOLE |  | 1583 | 0 | 0 |
| NESTLE | COM | 641069406 |  | 3 | 27 | SH |  | SOLE |  | 27 | 0 | 0 |
| NEWLAKE CAPITAL PARTNERS INC | COM | 651495103 |  | 24 | 1490 | SH |  | SOLE |  | 1490 | 0 | 0 |
| NEXPOINT RESIDENTIAL | COM | 65341D102 |  | 37663 | 865416 | SH |  | SOLE |  | 725710 | 0 | 139706 |
| NEXPOINT RESIDENTIAL | COM | 65341D102 |  | 3529 | 81100 | SH |  | DFND | 05 | 0 | 81100 | 0 |
| NEXPOINT RESIDENTIAL | COM | 65341D102 |  | 4602 | 105744 | SH |  | DFND | 04 | 0 | 105744 | 0 |
| NEXSTAR MEDIA GROUP INC | COM | 65336K103 |  | 54718 | 312622 | SH |  | SOLE |  | 265200 | 0 | 47422 |
| NEXSTAR MEDIA GROUP INC | COM | 65336K103 |  | 4625 | 26426 | SH |  | DFND | 05 | 0 | 26426 | 0 |
| NEXSTAR MEDIA GROUP INC | COM | 65336K103 |  | 7669 | 43815 | SH |  | DFND | 04 | 0 | 43815 | 0 |
| NEXTERA ENERGY | COM | 65339F101 |  | 1360 | 16271 | SH |  | SOLE |  | 16271 | 0 | 0 |
| NIKE INC CLASS B | COM | 654106103 |  | 2709 | 23155 | SH |  | SOLE |  | 23155 | 0 | 0 |
| NIKE INC CLASS B | COM | 654106103 |  | 2280 | 19482 | SH |  | DFND | 04 | 0 | 19482 | 0 |
| NORDSON CORP COM | COM | 655663102 |  | 13158 | 55349 | SH |  | SOLE |  | 52766 | 0 | 2583 |
| NORDSON CORP COM | COM | 655663102 |  | 3804 | 16004 | SH |  | DFND | 05 | 0 | 16004 | 0 |
| NORDSON CORP COM | COM | 655663102 |  | 4539 | 19095 | SH |  | DFND | 04 | 0 | 19095 | 0 |
| NORTHERN OIL AND GAS INC | COM | 665531307 |  | 59674 | 1936221 | SH |  | SOLE |  | 1619943 | 0 | 316278 |
| NORTHERN OIL AND GAS INC | COM | 665531307 |  | 5299 | 171918 | SH |  | DFND | 05 | 0 | 171918 | 0 |
| NORTHERN OIL AND GAS INC | COM | 665531307 |  | 5848 | 189756 | SH |  | DFND | 04 | 0 | 189756 | 0 |
| NOVO-NORDISK A S ADR | COM | 670100205 |  | 23 | 173 | SH |  | SOLE |  | 173 | 0 | 0 |
| OP BANCORP | COM | 67109R109 |  | 31 | 2785 | SH |  | SOLE |  | 2785 | 0 | 0 |
| OPEN TEXT CORP | COM | 683715106 |  | 4 | 119 | SH |  | SOLE |  | 119 | 0 | 0 |
| OPPENHEIMER HLDGS CLASS A | COM | 683797104 |  | 39 | 929 | SH |  | SOLE |  | 929 | 0 | 0 |
| ORGANON  CO | COM | 68622V106 |  | 2 | 60 | SH |  | SOLE |  | 60 | 0 | 0 |
| OTIS WORLDWIDE | COM | 68902V107 |  | 4968 | 63442 | SH |  | SOLE |  | 63442 | 0 | 0 |
| OTIS WORLDWIDE | COM | 68902V107 |  | 3205 | 40924 | SH |  | DFND | 04 | 0 | 40924 | 0 |
| PATRICK INDUSTRIES | COM | 703343103 |  | 42 | 701 | SH |  | SOLE |  | 701 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 3 | 29 | SH |  | SOLE |  | 29 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 90 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| PERRIGO COMPANY | COM | G97822103 |  | 31231 | 916140 | SH |  | SOLE |  | 765999 | 0 | 150141 |
| PERRIGO COMPANY | COM | G97822103 |  | 2830 | 83023 | SH |  | DFND | 05 | 0 | 83023 | 0 |
| PERRIGO COMPANY | COM | G97822103 |  | 3825 | 112210 | SH |  | DFND | 04 | 0 | 112210 | 0 |
| PFIZER INC | COM | 717081103 |  | 255 | 4983 | SH |  | SOLE |  | 4983 | 0 | 0 |
| PIONEER NATURAL RESOURCES CO | COM | 723787107 |  | 7134 | 31238 | SH |  | SOLE |  | 31238 | 0 | 0 |
| PIONEER NATURAL RESOURCES CO | COM | 723787107 |  | 4198 | 18379 | SH |  | DFND | 04 | 0 | 18379 | 0 |
| PLYMOUTH INDUSTRIAL REIT INC | COM | 729640102 |  | 34 | 1778 | SH |  | SOLE |  | 1778 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 15495 | 51253 | SH |  | SOLE |  | 49303 | 0 | 1950 |
| POOL CORP | COM | 73278L105 |  | 3194 | 10565 | SH |  | DFND | 05 | 0 | 10565 | 0 |
| POOL CORP | COM | 73278L105 |  | 6811 | 22529 | SH |  | DFND | 04 | 0 | 22529 | 0 |
| POPULAR INC | COM | 733174700 |  | 12295 | 185385 | SH |  | SOLE |  | 176659 | 0 | 8726 |
| POPULAR INC | COM | 733174700 |  | 3008 | 45349 | SH |  | DFND | 05 | 0 | 45349 | 0 |
| POPULAR INC | COM | 733174700 |  | 4275 | 64453 | SH |  | DFND | 04 | 0 | 64453 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 40886 | 570082 | SH |  | SOLE |  | 482154 | 0 | 87928 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 3945 | 55008 | SH |  | DFND | 05 | 0 | 55008 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 4862 | 67787 | SH |  | DFND | 04 | 0 | 67787 | 0 |
| PPG INDUSTRIES INC | COM | 693506107 |  | 118 | 936 | SH |  | SOLE |  | 936 | 0 | 0 |
| PREMIER FINL CORP | COM | 74052F108 |  | 29 | 1057 | SH |  | SOLE |  | 1057 | 0 | 0 |
| PROCTER  GAMBLE | COM | 742718109 |  | 10 | 67 | SH |  | SOLE |  | 67 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 15243 | 209725 | SH |  | SOLE |  | 199958 | 0 | 9767 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 4295 | 59090 | SH |  | DFND | 05 | 0 | 59090 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 5256 | 72322 | SH |  | DFND | 04 | 0 | 72322 | 0 |
| QUAKER CHEMICAL CORPORATION | COM | 747316107 |  | 34333 | 205712 | SH |  | SOLE |  | 171672 | 0 | 34040 |
| QUAKER CHEMICAL CORPORATION | COM | 747316107 |  | 2907 | 17419 | SH |  | DFND | 05 | 0 | 17419 | 0 |
| QUAKER CHEMICAL CORPORATION | COM | 747316107 |  | 3585 | 21482 | SH |  | DFND | 04 | 0 | 21482 | 0 |
| QUEST DIAGNOSTICS | COM | 74834L100 |  | 17188 | 109871 | SH |  | SOLE |  | 104807 | 0 | 5064 |
| QUEST DIAGNOSTICS | COM | 74834L100 |  | 5343 | 34155 | SH |  | DFND | 05 | 0 | 34155 | 0 |
| QUEST DIAGNOSTICS | COM | 74834L100 |  | 5828 | 37257 | SH |  | DFND | 04 | 0 | 37257 | 0 |
| RAYMOND JAMES FINANCIAL INC | COM | 754730109 |  | 5 | 49 | SH |  | SOLE |  | 49 | 0 | 0 |
| RELIANCE STEEL  ALUMINUM | COM | 759509102 |  | 20743 | 102467 | SH |  | SOLE |  | 98599 | 0 | 3868 |
| RELIANCE STEEL  ALUMINUM | COM | 759509102 |  | 4986 | 24630 | SH |  | DFND | 05 | 0 | 24630 | 0 |
| RELIANCE STEEL  ALUMINUM | COM | 759509102 |  | 8033 | 39680 | SH |  | DFND | 04 | 0 | 39680 | 0 |
| RESMED INC | COM | 761152107 |  | 1298 | 6235 | SH |  | SOLE |  | 6235 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 4 | 21 | SH |  | DFND | 05 | 0 | 21 | 0 |
| ROLLINS INC | COM | 775711104 |  | 17 | 459 | SH |  | SOLE |  | 459 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1499 | 12918 | SH |  | SOLE |  | 12918 | 0 | 0 |
| RUTH'S HOSPITALITY GROUP | COM | 783332109 |  | 26 | 1652 | SH |  | SOLE |  | 1652 | 0 | 0 |
| RYDER SYSTEMS INC | COM | 783549108 |  | 5 | 54 | SH |  | DFND | 05 | 0 | 54 | 0 |
| SANFILIPPO JOHN B | COM | 800422107 |  | 31 | 379 | SH |  | SOLE |  | 379 | 0 | 0 |
| SBA COMMUNICATIONS | COM | 78410G104 |  | 2806 | 10009 | SH |  | SOLE |  | 10009 | 0 | 0 |
| SBA COMMUNICATIONS | COM | 78410G104 |  | 2490 | 8883 | SH |  | DFND | 04 | 0 | 8883 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 4 | 52 | SH |  | SOLE |  | 52 | 0 | 0 |
| SHENANDOAH TELECOMMUNICATIONS | COM | 82312B106 |  | 23 | 1465 | SH |  | SOLE |  | 1465 | 0 | 0 |
| SHERWIN-WILLIAMS | COM | 824348106 |  | 4984 | 21000 | SH |  | SOLE |  | 21000 | 0 | 0 |
| SHERWIN-WILLIAMS | COM | 824348106 |  | 3489 | 14703 | SH |  | DFND | 04 | 0 | 14703 | 0 |
| SHOE CARNIVAL INC | COM | 824889109 |  | 27137 | 1134951 | SH |  | SOLE |  | 890815 | 0 | 244136 |
| SHUTTERSTOCK INC | COM | 825690100 |  | 43479 | 824714 | SH |  | SOLE |  | 688587 | 0 | 136127 |
| SHUTTERSTOCK INC | COM | 825690100 |  | 3484 | 66081 | SH |  | DFND | 05 | 0 | 66081 | 0 |
| SHUTTERSTOCK INC | COM | 825690100 |  | 4870 | 92384 | SH |  | DFND | 04 | 0 | 92384 | 0 |
| SINCLAIR BROADCAST GROUP | COM | 829226109 |  | 29 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| SIRIUS XM HOLDINGS | COM | 82968B103 |  | 181 | 30975 | SH |  | SOLE |  | 30975 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 2 | 21 | SH |  | SOLE |  | 21 | 0 | 0 |
| SNAP-ON INC | COM | 833034101 |  | 3 | 15 | SH |  | SOLE |  | 15 | 0 | 0 |
| SNAP-ON INC | COM | 833034101 |  | 22 | 98 | SH |  | DFND | 05 | 0 | 98 | 0 |
| SONY GROUP CORP | COM | 835699307 |  | 3 | 37 | SH |  | SOLE |  | 37 | 0 | 0 |
| SOUTH PLAINS FINL INC | COM | 83946P107 |  | 28 | 1012 | SH |  | SOLE |  | 1012 | 0 | 0 |
| SOUTHERN MISS BANCO | COM | 843380106 |  | 27 | 587 | SH |  | SOLE |  | 587 | 0 | 0 |
| SS TECHNOLOGIES HOLDINGS | COM | 78467J100 |  | 130 | 2497 | SH |  | SOLE |  | 2497 | 0 | 0 |
| STANDEX INTL CORP | COM | 854231107 |  | 53501 | 522423 | SH |  | SOLE |  | 431373 | 0 | 91050 |
| STANDEX INTL CORP | COM | 854231107 |  | 4309 | 42076 | SH |  | DFND | 05 | 0 | 42076 | 0 |
| STANDEX INTL CORP | COM | 854231107 |  | 4954 | 48379 | SH |  | DFND | 04 | 0 | 48379 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 3809 | 38397 | SH |  | SOLE |  | 38397 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 2042 | 20584 | SH |  | DFND | 04 | 0 | 20584 | 0 |
| STEPAN CO | COM | 858586100 |  | 13 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| STERIS PLC | COM | G8473T100 |  | 19867 | 107569 | SH |  | SOLE |  | 103387 | 0 | 4182 |
| STERIS PLC | COM | G8473T100 |  | 4501 | 24369 | SH |  | DFND | 05 | 0 | 24369 | 0 |
| STERIS PLC | COM | G8473T100 |  | 8776 | 47516 | SH |  | DFND | 04 | 0 | 47516 | 0 |
| STEVANATO GROUP SPA | COM | T9224W109 |  | 38097 | 2120052 | SH |  | SOLE |  | 1664463 | 0 | 455589 |
| STRYKER CORP | COM | 863667101 |  | 3973 | 16249 | SH |  | SOLE |  | 16249 | 0 | 0 |
| SYNCHRONY FINL | COM | 87165b103 |  | 86 | 2628 | SH |  | SOLE |  | 2628 | 0 | 0 |
| T ROWE PRICE GROUP INC | COM | 74144T108 |  | 2 | 20 | SH |  | SOLE |  | 20 | 0 | 0 |
| TERRENO REALTY CORP | COM | 88146M101 |  | 41585 | 731236 | SH |  | SOLE |  | 607860 | 0 | 123376 |
| TERRENO REALTY CORP | COM | 88146M101 |  | 3369 | 59241 | SH |  | DFND | 05 | 0 | 59241 | 0 |
| TERRENO REALTY CORP | COM | 88146M101 |  | 4465 | 78514 | SH |  | DFND | 04 | 0 | 78514 | 0 |
| TETRA TECH INC | COM | 88162G103 |  | 51174 | 352459 | SH |  | SOLE |  | 295817 | 0 | 56642 |
| TETRA TECH INC | COM | 88162G103 |  | 4731 | 32584 | SH |  | DFND | 05 | 0 | 32584 | 0 |
| TETRA TECH INC | COM | 88162G103 |  | 5580 | 38429 | SH |  | DFND | 04 | 0 | 38429 | 0 |
| TEXAS INSTRUMENTS | COM | 882508104 |  | 1140 | 6903 | SH |  | SOLE |  | 6903 | 0 | 0 |
| THE BANK OF PRINCETON | COM | 064520109 |  | 38 | 1191 | SH |  | SOLE |  | 1191 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3 | 6 | SH |  | SOLE |  | 6 | 0 | 0 |
| TJX COMPANIES INC | COM | 872540109 |  | 21 | 258 | SH |  | SOLE |  | 258 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 5 | 42 | SH |  | DFND | 05 | 0 | 42 | 0 |
| TORONTO DOMINION BANK F | COM | 891160509 |  | 3 | 51 | SH |  | SOLE |  | 51 | 0 | 0 |
| TRACTOR SUPPLY COMPANY | COM | 892356106 |  | 235 | 1046 | SH |  | SOLE |  | 1046 | 0 | 0 |
| TRACTOR SUPPLY COMPANY | COM | 892356106 |  | 20 | 91 | SH |  | DFND | 05 | 0 | 91 | 0 |
| TRAVEL  LEISURE CO | COM | 894164102 |  | 41649 | 1144210 | SH |  | SOLE |  | 954692 | 0 | 189518 |
| TRAVEL  LEISURE CO | COM | 894164102 |  | 3375 | 92733 | SH |  | DFND | 05 | 0 | 92733 | 0 |
| TRAVEL  LEISURE CO | COM | 894164102 |  | 4596 | 126264 | SH |  | DFND | 04 | 0 | 126264 | 0 |
| TRUIST FINANCIAL CORP | COM | 89832Q109 |  | 731 | 16989 | SH |  | SOLE |  | 16989 | 0 | 0 |
| TTEC HOLDINGS INC | COM | 89854H102 |  | 31523 | 714317 | SH |  | SOLE |  | 601956 | 0 | 112361 |
| TTEC HOLDINGS INC | COM | 89854H102 |  | 3119 | 70684 | SH |  | DFND | 05 | 0 | 70684 | 0 |
| TTEC HOLDINGS INC | COM | 89854H102 |  | 4057 | 91926 | SH |  | DFND | 04 | 0 | 91926 | 0 |
| TURNING PT BRANDS | COM | 90041L105 |  | 25 | 1143 | SH |  | SOLE |  | 1143 | 0 | 0 |
| U.S. PHYSICAL THERAPY INC | COM | 90337L108 |  | 41790 | 515734 | SH |  | SOLE |  | 428466 | 0 | 87268 |
| U.S. PHYSICAL THERAPY INC | COM | 90337L108 |  | 3020 | 37272 | SH |  | DFND | 05 | 0 | 37272 | 0 |
| U.S. PHYSICAL THERAPY INC | COM | 90337L108 |  | 4064 | 50159 | SH |  | DFND | 04 | 0 | 50159 | 0 |
| UBS GROUP AG | COM | H42097107 |  | 4 | 214 | SH |  | SOLE |  | 214 | 0 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 38076 | 480460 | SH |  | SOLE |  | 401679 | 0 | 78781 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 3617 | 45638 | SH |  | DFND | 05 | 0 | 45638 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 4105 | 51795 | SH |  | DFND | 04 | 0 | 51795 | 0 |
| UGI CORP | COM | 902681105 |  | 3 | 81 | SH |  | DFND | 05 | 0 | 81 | 0 |
| UMH PROPERTIES | COM | 903002103 |  | 26925 | 1672347 | SH |  | SOLE |  | 1309733 | 0 | 362614 |
| UNIFIRST CORP/MA | COM | 904708104 |  | 42994 | 222778 | SH |  | SOLE |  | 186545 | 0 | 36233 |
| UNIFIRST CORP/MA | COM | 904708104 |  | 3790 | 19636 | SH |  | DFND | 05 | 0 | 19636 | 0 |
| UNIFIRST CORP/MA | COM | 904708104 |  | 4799 | 24869 | SH |  | DFND | 04 | 0 | 24869 | 0 |
| UNILEVER PLC | COM | 904767704 |  | 3 | 68 | SH |  | SOLE |  | 68 | 0 | 0 |
| UNION PACIFIC CORP | COM | 907818108 |  | 5168 | 24957 | SH |  | SOLE |  | 24957 | 0 | 0 |
| UNION PACIFIC CORP | COM | 907818108 |  | 2816 | 13600 | SH |  | DFND | 04 | 0 | 13600 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9110 | 17184 | SH |  | SOLE |  | 17184 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5489 | 10353 | SH |  | DFND | 04 | 0 | 10353 | 0 |
| UNIVERSAL DISPLAY | COM | 91347P105 |  | 47024 | 435246 | SH |  | SOLE |  | 363866 | 0 | 71380 |
| UNIVERSAL DISPLAY | COM | 91347P105 |  | 3613 | 33445 | SH |  | DFND | 05 | 0 | 33445 | 0 |
| UNIVERSAL DISPLAY | COM | 91347P105 |  | 4875 | 45126 | SH |  | DFND | 04 | 0 | 45126 | 0 |
| UTAH MEDICAL PRODUCT | COM | 917488108 |  | 39 | 384 | SH |  | SOLE |  | 384 | 0 | 0 |
| UTZ BRANDS INC | COM | 918090101 |  | 33885 | 2136537 | SH |  | SOLE |  | 1688607 | 0 | 447930 |
| VANGUARD MID-CAP ETF | COM | 922908629 |  | 599 | 2940 | SH |  | DFND | 05 | 0 | 2940 | 0 |
| VERISK ANALYTICS | COM | 92345Y106 |  | 182 | 1030 | SH |  | SOLE |  | 1030 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 7 | 617 | SH |  | SOLE |  | 617 | 0 | 0 |
| VISA INC | COM | 92826C839 |  | 6751 | 32494 | SH |  | SOLE |  | 32494 | 0 | 0 |
| VISA INC | COM | 92826C839 |  | 4187 | 20155 | SH |  | DFND | 04 | 0 | 20155 | 0 |
| WALT DISNEY CO | COM | 254687106 |  | 143 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM | 934423104 |  | 2 | 196 | SH |  | SOLE |  | 196 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 6826 | 51492 | SH |  | SOLE |  | 51492 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 4125 | 31121 | SH |  | DFND | 04 | 0 | 31121 | 0 |
| WASTE MANAGEMENT INC | COM | 94106L109 |  | 3 | 21 | SH |  | SOLE |  | 21 | 0 | 0 |
| WEC ENERGY GROUP | COM | 92939U106 |  | 19 | 204 | SH |  | SOLE |  | 204 | 0 | 0 |
| WEST PHARMACEUTICAL SERVICES | COM | 955306105 |  | 993 | 4219 | SH |  | SOLE |  | 4219 | 0 | 0 |
| WILLIAMS SONOMA | COM | 969904101 |  | 3 | 24 | SH |  | SOLE |  | 24 | 0 | 0 |
| WILLIS TOWERS WATSON PLC | COM | G96629103 |  | 236 | 963 | SH |  | SOLE |  | 963 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 52169 | 379079 | SH |  | SOLE |  | 318884 | 0 | 60195 |
| WINGSTOP INC | COM | 974155103 |  | 5203 | 37804 | SH |  | DFND | 05 | 0 | 37804 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 6143 | 44634 | SH |  | DFND | 04 | 0 | 44634 | 0 |
| WINMARK CORP | COM | 974250102 |  | 33 | 141 | SH |  | SOLE |  | 141 | 0 | 0 |
| WR BERKLEY CORP | COM | 084423102 |  | 3 | 46 | SH |  | SOLE |  | 46 | 0 | 0 |
| ZOETIS INC | COM | 98978V103 |  | 4389 | 29947 | SH |  | SOLE |  | 29947 | 0 | 0 |
| ZOETIS INC | COM | 98978V103 |  | 2568 | 17521 | SH |  | DFND | 04 | 0 | 17521 | 0 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 5 | 15 | SH |  | SOLE |  | 15 | 0 | 0 |

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