# EDGAR Filing Document

**Accession Number:** 0001556218
**File Stem:** 0000929638-23-000348
**Filing Date:** 2023-2
**Character Count:** 30324
**Document Hash:** 81033727ece154157c03fd0182ae8af7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-23-000348.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0000929638-23-000348

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bollard Group LLC
- **CENTRAL INDEX KEY:** 0001556218
- **IRS NUMBER:** 043450484
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15049
- **FILM NUMBER:** 23612933

**BUSINESS ADDRESS:**
- **STREET 1:** ONE JOY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108
- **BUSINESS PHONE:** 617-720-5800

**MAIL ADDRESS:**
- **STREET 1:** ONE JOY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108

### 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:** Bollard Group LLC<br>**Address:** ONE JOY STREET<br>BOSTON, MA 02108

**Form 13F File Number:** 028-15049

**CRD Number (if applicable):** 000155317

**SEC File Number (if applicable):** 801-72749

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:** Anastasios Parafestas<br>**Title:** Managing Member and Chief Executive Officer<br>**Phone:** 617-720-5800

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

/s/ Anastasios Parafestas  Boston, MA  02-10-2023<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:** 1

**Form 13F Information Table Entry Total:** 288

**Form 13F Information Table Value Total:** $2617763

      (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   |
|:---|:---|:---|
|  | Parafestas Anastasios | 028-15050              |

### 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 |
| 3M Co | COM | 88579y101 |  | 609 | 5076 | SH |  | DFND |  | 0 | 4220 | 856 |
| Abbott Laboratories | COM | 002824100 |  | 11165 | 101696 | SH |  | DFND |  | 0 | 72046 | 29650 |
| AbbVie Inc | COM | 00287y109 |  | 709 | 4389 | SH |  | DFND |  | 0 | 1942 | 2447 |
| Academy Sports  Outdoors Inc | COM | 00402l107 |  | 21 | 400 | SH |  | DFND |  | 0 | 0 | 400 |
| Accenture PLC Ireland Class A | COM | g1151c101 |  | 3981 | 14919 | SH |  | DFND |  | 0 | 14919 | 0 |
| Acv Auctions Inc Cl A | COM | 00091g104 |  | 223 | 27131 | SH |  | DFND |  | 0 | 0 | 27131 |
| Advance Auto Parts Inc | COM | 00751y106 |  | 219 | 1489 | SH |  | DFND |  | 0 | 0 | 1489 |
| Aflac Inc | COM | 001055102 |  | 328 | 4559 | SH |  | DFND |  | 0 | 0 | 4559 |
| Air Prods  Chems Inc | COM | 009158106 |  | 695 | 2253 | SH |  | DFND |  | 0 | 2253 | 0 |
| Allstate Corp | COM | 020002101 |  | 2579 | 19019 | SH |  | DFND |  | 0 | 17729 | 1290 |
| Alphabet Inc Cap Stock Cl A | COM | 02079k305 |  | 558 | 6320 | SH |  | DFND |  | 0 | 0 | 6320 |
| Alphabet Inc Cap Stock Cl C | COM | 02079k107 |  | 39499 | 445160 | SH |  | DFND |  | 0 | 399180 | 45980 |
| Alps Etf Tr Alerian Mlp | ETF | 00162q452 |  | 1665 | 43746 | SH |  | DFND |  | 0 | 10881 | 32865 |
| Alta Equipment Group Inc Commo | COM | 02128l106 |  | 39 | 2939 | SH |  | DFND |  | 0 | 0 | 2939 |
| Altria Group Inc | COM | 02209s103 |  | 1518 | 33204 | SH |  | DFND |  | 0 | 18345 | 14859 |
| Amazon.com Inc | COM | 023135106 |  | 67045 | 798160 | SH |  | DFND |  | 0 | 753560 | 44600 |
| American Electric Power Inc | COM | 025537101 |  | 55182 | 581172 | SH |  | DFND |  | 0 | 420466 | 160705 |
| American Intl Group Inc | COM | 026874784 |  | 237 | 3753 | SH |  | DFND |  | 0 | 0 | 3753 |
| AmerisourceBergen Corp | COM | 03073e105 |  | 348 | 2102 | SH |  | DFND |  | 0 | 0 | 2102 |
| Amgen Inc | COM | 031162100 |  | 899 | 3423 | SH |  | DFND |  | 0 | 0 | 3423 |
| Antero Resources Corp | COM | 03674x106 |  | 23 | 750 | SH |  | DFND |  | 0 | 0 | 750 |
| Apple Inc | COM | 037833100 |  | 2028 | 15606 | SH |  | DFND |  | 0 | 0 | 15606 |
| Ashland Inc | COM | 044186104 |  | 24 | 219 | SH |  | DFND |  | 0 | 0 | 219 |
| AstraZeneca PLC Sp ADR | ADR | 046353108 |  | 63 | 928 | SH |  | DFND |  | 0 | 0 | 928 |
| AT Inc | COM | 00206r102 |  | 12222 | 663859 | SH |  | DFND |  | 0 | 579125 | 84734 |
| Bank America Corp | COM | 060505104 |  | 9355 | 282448 | SH |  | DFND |  | 0 | 179806 | 102641 |
| Bank N S Halifax | COM | 064149107 |  | 718 | 14657 | SH |  | DFND |  | 0 | 9433 | 5224 |
| Bank New York Mellon Corp | COM | 064058100 |  | 33 | 728 | SH |  | DFND |  | 0 | 0 | 728 |
| BCE Inc | COM | 05534b760 |  | 13307 | 302772 | SH |  | DFND |  | 0 | 246511 | 56262 |
| Becton Dickinson  Co | COM | 075887109 |  | 28 | 110 | SH |  | DFND |  | 0 | 0 | 110 |
| Berkshire Hathaway Inc Cl B | COM | 084670702 |  | 154 | 500 | SH |  | DFND |  | 0 | 0 | 500 |
| BHP Billiton Ltd Sp ADR | ADR | 088606108 |  | 9064 | 146080 | SH |  | DFND |  | 0 | 85796 | 60284 |
| Black Hills Corp | COM | 092113109 |  | 188 | 2676 | SH |  | DFND |  | 0 | 2676 | 0 |
| Boeing Co | COM | 097023105 |  | 81 | 424 | SH |  | DFND |  | 0 | 0 | 424 |
| Boston Scientific Corp | COM | 101137107 |  | 1131802 | 24460826 | SH |  | DFND |  | 0 | 24356121 | 104705 |
| BP PLC Sp ADR | ADR | 055622104 |  | 9978 | 285648 | SH |  | DFND |  | 0 | 255728 | 29920 |
| Bristol Myers Squibb Co | COM | 110122108 |  | 11958 | 166201 | SH |  | DFND |  | 0 | 144760 | 21441 |
| Brunswick Corp | COM | 117043109 |  | 107 | 1484 | SH |  | DFND |  | 0 | 0 | 1484 |
| C H Robinson Worldwide Inc | COM | 12541w209 |  | 0 | 2 | SH |  | DFND |  | 0 | 0 | 2 |
| Cadence Bank Com | COM | 12740c103 |  | 125 | 5051 | SH |  | DFND |  | 0 | 0 | 5051 |
| Canadian Pacific Railway Ltd | COM | 13645t100 |  | 2558 | 34295 | SH |  | DFND |  | 0 | 34295 | 0 |
| Capital One Financial Corp | COM | 14040h105 |  | 1388 | 14933 | SH |  | DFND |  | 0 | 14933 | 0 |
| Carrier Global Corporation | COM | 14448c104 |  | 791 | 19175 | SH |  | DFND |  | 0 | 18993 | 182 |
| Carter Inc | COM | 146229109 |  | 44 | 590 | SH |  | DFND |  | 0 | 0 | 590 |
| Caterpillar Inc | COM | 149123101 |  | 45547 | 190128 | SH |  | DFND |  | 0 | 153849 | 36279 |
| Cenovus Energy Inc | COM | 15135u109 |  | 0 | 1 | SH |  | DFND |  | 0 | 0 | 1 |
| Chevron Corp | COM | 166764100 |  | 18688 | 104115 | SH |  | DFND |  | 0 | 73490 | 30626 |
| Chubb Limited | COM | h1467j104 |  | 285 | 1290 | SH |  | DFND |  | 0 | 1290 | 0 |
| Cincinnati Financial Corp | COM | 172062101 |  | 7742 | 75612 | SH |  | DFND |  | 0 | 54459 | 21153 |
| Cisco Systems Inc | COM | 17275r102 |  | 242 | 5076 | SH |  | DFND |  | 0 | 0 | 5076 |
| Citigroup Inc | COM | 172967424 |  | 40 | 890 | SH |  | DFND |  | 0 | 0 | 890 |
| Clorox Co | COM | 189054109 |  | 3920 | 27934 | SH |  | DFND |  | 0 | 22797 | 5136 |
| Coca-Cola Co | COM | 191216100 |  | 17943 | 282081 | SH |  | DFND |  | 0 | 193210 | 88871 |
| Colgate Palmolive Co | COM | 194162103 |  | 5724 | 72649 | SH |  | DFND |  | 0 | 48412 | 24237 |
| Comcast Corp Cl A | COM | 20030n101 |  | 2509 | 71757 | SH |  | DFND |  | 0 | 52963 | 18794 |
| Conagra Brands Inc | COM | 205887102 |  | 4520 | 116791 | SH |  | DFND |  | 0 | 81739 | 35051 |
| Conduent Inc | COM | 206787103 |  | 0 | 106 | SH |  | DFND |  | 0 | 0 | 106 |
| ConocoPhillips | COM | 20825c104 |  | 15060 | 127630 | SH |  | DFND |  | 0 | 87744 | 39886 |
| Corteva Inc | COM | 22052l104 |  | 285 | 4853 | SH |  | DFND |  | 0 | 1387 | 3466 |
| Costco Wholesale Corp | COM | 22160k105 |  | 1674 | 3666 | SH |  | DFND |  | 0 | 1503 | 2163 |
| Crown Castle Inc. | RE | 22822v101 |  | 102 | 749 | SH |  | DFND |  | 0 | 0 | 749 |
| CVB Financial Corp | COM | 126600105 |  | 141 | 5472 | SH |  | DFND |  | 0 | 0 | 5472 |
| CVS Health Corp | COM | 126650100 |  | 1903 | 20418 | SH |  | DFND |  | 0 | 16613 | 3805 |
| Cytomx Therapeutics Inc | COM | 23284f105 |  | 1 | 712 | SH |  | DFND |  | 0 | 0 | 712 |
| Danaher Corp | COM | 235851102 |  | 974 | 3671 | SH |  | DFND |  | 0 | 0 | 3671 |
| Datadog Inc Cl A | COM | 23804l103 |  | 7 | 94 | SH |  | DFND |  | 0 | 0 | 94 |
| Deere  Co | COM | 244199105 |  | 27284 | 63635 | SH |  | DFND |  | 0 | 49727 | 13909 |
| Digitalocean Holdings Inc | COM | 25402d102 |  | 5 | 199 | SH |  | DFND |  | 0 | 0 | 199 |
| Disney Walt Co Disney | COM | 254687106 |  | 6 | 71 | SH |  | DFND |  | 0 | 0 | 71 |
| Docusign Inc | COM | 256163106 |  | 502 | 9053 | SH |  | DFND |  | 0 | 0 | 9053 |
| Dollar Tree Inc | COM | 256746108 |  | 218 | 1538 | SH |  | DFND |  | 0 | 0 | 1538 |
| Dominion Energy Inc | COM | 25746u109 |  | 12 | 198 | SH |  | DFND |  | 0 | 0 | 198 |
| Douglas Dynamics Inc | COM | 25960r105 |  | 28 | 773 | SH |  | DFND |  | 0 | 0 | 773 |
| Douglas Emmett Inc | RE | 25960p109 |  | 71 | 4524 | SH |  | DFND |  | 0 | 4524 | 0 |
| Dow Inc | COM | 260557103 |  | 137 | 2713 | SH |  | DFND |  | 0 | 1522 | 1191 |
| Draftkings Inc Com Cl A | COM | 26142v105 |  | 303 | 26591 | SH |  | DFND |  | 0 | 0 | 26591 |
| Duke Energy Corp | COM | 26441c204 |  | 27082 | 262961 | SH |  | DFND |  | 0 | 201665 | 61296 |
| DuPont de Nemours Inc | COM | 26614n102 |  | 79 | 1155 | SH |  | DFND |  | 0 | 0 | 1155 |
| Dxc Technology Co | COM | 23355l106 |  | 0 | 13 | SH |  | DFND |  | 0 | 0 | 13 |
| EastGroup Property Inc | RE | 277276101 |  | 63 | 422 | SH |  | DFND |  | 0 | 0 | 422 |
| Ecolab Inc | COM | 278865100 |  | 404 | 2773 | SH |  | DFND |  | 0 | 0 | 2773 |
| Elanco Animal Health Inc | COM | 28414h103 |  | 138 | 11328 | SH |  | DFND |  | 0 | 5855 | 5473 |
| Embecta Corp Common Stock | COM | 29082k105 |  | 1 | 21 | SH |  | DFND |  | 0 | 0 | 21 |
| Emerson Electric Co | COM | 291011104 |  | 23772 | 247476 | SH |  | DFND |  | 0 | 172853 | 74623 |
| Enbridge Inc | COM | 29250n105 |  | 27423 | 701356 | SH |  | DFND |  | 0 | 577267 | 124089 |
| Energy Transfer LP | LTD | 29273v100 |  | 8255 | 695476 | SH |  | DFND |  | 0 | 593477 | 101999 |
| Enlink Midstream LLC Unit Rep | LTD | 29336t100 |  | 59 | 4836 | SH |  | DFND |  | 0 | 0 | 4836 |
| Enterprise Prods Partners L P | LTD | 293792107 |  | 33632 | 1394357 | SH |  | DFND |  | 0 | 1062945 | 331411 |
| EOG Resources Inc | COM | 26875p101 |  | 1369 | 10569 | SH |  | DFND |  | 0 | 6054 | 4515 |
| EPAM Systems Inc | COM | 29414b104 |  | 0 | 1 | SH |  | DFND |  | 0 | 0 | 1 |
| Equitrans Midstream Corp | COM | 294600101 |  | 162 | 24223 | SH |  | DFND |  | 0 | 0 | 24223 |
| Exelon Corp | COM | 30161n101 |  | 417 | 9643 | SH |  | DFND |  | 0 | 641 | 9002 |
| Exxon Mobil Corp | COM | 30231g102 |  | 2795 | 25338 | SH |  | DFND |  | 0 | 25338 | 0 |
| Farmland Partners Inc | RE | 31154r109 |  | 7 | 576 | SH |  | DFND |  | 0 | 0 | 576 |
| FedEx Corp | COM | 31428x106 |  | 557 | 3216 | SH |  | DFND |  | 0 | 2179 | 1037 |
| Fidelity Core Div ETF | ETF | 316092840 |  | 4874 | 130679 | SH |  | DFND |  | 0 | 130679 | 0 |
| First Horizon Natl Corp | COM | 320517105 |  | 165 | 6731 | SH |  | DFND |  | 0 | 0 | 6731 |
| FirstEnergy Corp | COM | 337932107 |  | 10459 | 249376 | SH |  | DFND |  | 0 | 174997 | 74379 |
| Fluor Corp | COM | 343412102 |  | 2 | 45 | SH |  | DFND |  | 0 | 0 | 45 |
| Fortis Inc | COM | 349553107 |  | 7650 | 191056 | SH |  | DFND |  | 0 | 133309 | 57747 |
| Fortive Corp | COM | 34959j108 |  | 0 | 3 | SH |  | DFND |  | 0 | 0 | 3 |
| Gallagher Arthur J  Co | COM | 363576109 |  | 5442 | 28863 | SH |  | DFND |  | 0 | 17605 | 11258 |
| Gap Inc | COM | 364760108 |  | 10 | 878 | SH |  | DFND |  | 0 | 0 | 878 |
| Gartner Inc | COM | 366651107 |  | 127997 | 380785 | SH |  | DFND |  | 0 | 284953 | 95832 |
| General Dynamics Corp | COM | 369550108 |  | 203 | 817 | SH |  | DFND |  | 0 | 0 | 817 |
| General Electric Co New | COM | 369604301 |  | 43 | 516 | SH |  | DFND |  | 0 | 0 | 516 |
| General Mills Inc | COM | 370334104 |  | 534 | 6364 | SH |  | DFND |  | 0 | 4575 | 1788 |
| Genuine Parts Co | COM | 372460105 |  | 5186 | 29891 | SH |  | DFND |  | 0 | 22770 | 7121 |
| Glacier Bancorp Inc | COM | 37637q105 |  | 160 | 3239 | SH |  | DFND |  | 0 | 0 | 3239 |
| Global X Fds Glb X Mlp Enrg I | ETF | 37954y293 |  | 1631 | 40004 | SH |  | DFND |  | 0 | 40004 | 0 |
| Goldman Sachs Group Inc | COM | 38141g104 |  | 6185 | 18011 | SH |  | DFND |  | 0 | 14671 | 3341 |
| Grainger W W Inc | COM | 384802104 |  | 349 | 628 | SH |  | DFND |  | 0 | 0 | 628 |
| Healthpeak Properties Inc | RE | 42250p103 |  | 489 | 19519 | SH |  | DFND |  | 0 | 2143 | 17375 |
| Hewlett Packard Enterprise Co | COM | 42824c109 |  | 3 | 171 | SH |  | DFND |  | 0 | 0 | 171 |
| Holly Energy Partners LP | LTD | 435763107 |  | 11025 | 608428 | SH |  | DFND |  | 0 | 390904 | 217525 |
| Home Depot Inc | COM | 437076102 |  | 1653 | 5232 | SH |  | DFND |  | 0 | 4931 | 301 |
| Honeywell Intl Inc | COM | 438516106 |  | 8057 | 37598 | SH |  | DFND |  | 0 | 24866 | 12732 |
| Horace Mann Educators Corp | COM | 440327104 |  | 69 | 1853 | SH |  | DFND |  | 0 | 0 | 1853 |
| Hp Inc | COM | 40434l105 |  | 5 | 176 | SH |  | DFND |  | 0 | 0 | 176 |
| Hubspot Inc | COM | 443573100 |  | 6 | 22 | SH |  | DFND |  | 0 | 0 | 22 |
| IAC/InterActiveCorp | COM | 44891n208 |  | 8 | 169 | SH |  | DFND |  | 0 | 0 | 169 |
| Illinois Tool Works Inc | COM | 452308109 |  | 111 | 503 | SH |  | DFND |  | 0 | 0 | 503 |
| Independent Bank Corp MA | COM | 453836108 |  | 290 | 3437 | SH |  | DFND |  | 0 | 0 | 3437 |
| Innovative Industrial Properti | RE | 45781v101 |  | 123 | 1214 | SH |  | DFND |  | 0 | 0 | 1214 |
| Intel Corp | COM | 458140100 |  | 154 | 5845 | SH |  | DFND |  | 0 | 2646 | 3199 |
| Intercontinental Exchange Inc | COM | 45866f104 |  | 1 | 8 | SH |  | DFND |  | 0 | 0 | 8 |
| Intl Business Machines | COM | 459200101 |  | 113 | 800 | SH |  | DFND |  | 0 | 0 | 800 |
| Intuit | COM | 461202103 |  | 9 | 23 | SH |  | DFND |  | 0 | 0 | 23 |
| Invesco QQQ Ser 1 | ETF | 46090e103 |  | 4519 | 16971 | SH |  | DFND |  | 0 | 6416 | 10555 |
| Ionq Inc | COM | 46222l108 |  | 34 | 10000 | SH |  | DFND |  | 0 | 0 | 10000 |
| iShares MSCI EAFE ETF | ETF | 464287465 |  | 15 | 223 | SH |  | DFND |  | 0 | 0 | 223 |
| iShares MSCI Jpn ETF | ETF | 46434g822 |  | 7 | 127 | SH |  | DFND |  | 0 | 0 | 127 |
| iShares N America Tech ETF | ETF | 464287549 |  | 297 | 1062 | SH |  | DFND |  | 0 | 0 | 1062 |
| iShares NASDAQ Biotec ETF | ETF | 464287556 |  | 44 | 334 | SH |  | DFND |  | 0 | 0 | 334 |
| iShares PHLX Semicnd ETF | ETF | 464287523 |  | 656 | 1886 | SH |  | DFND |  | 0 | 1886 | 0 |
| iShares Rus Mid Cap ETF | ETF | 464287499 |  | 156 | 2308 | SH |  | DFND |  | 0 | 0 | 2308 |
| iShares Russell 1000 ETF | ETF | 464287622 |  | 677 | 3214 | SH |  | DFND |  | 0 | 0 | 3214 |
| iShares Russell 1000 Growth ET | ETF | 464287614 |  | 2603 | 12151 | SH |  | DFND |  | 0 | 0 | 12151 |
| iShares Russell 2000 ETF | ETF | 464287655 |  | 73 | 418 | SH |  | DFND |  | 0 | 0 | 418 |
| Johnson  Johnson | COM | 478160104 |  | 16988 | 96170 | SH |  | DFND |  | 0 | 58381 | 37788 |
| Johnson Controls Intl PLC | COM | g51502105 |  | 1292 | 20182 | SH |  | DFND |  | 0 | 14369 | 5813 |
| JPMorgan Chase  Co | COM | 46625h100 |  | 18672 | 139241 | SH |  | DFND |  | 0 | 106804 | 32436 |
| Kaiser Aluminum Corp | COM | 483007704 |  | 37 | 490 | SH |  | DFND |  | 0 | 0 | 490 |
| Keurig Dr Pepper Inc | COM | 49271v100 |  | 5 | 141 | SH |  | DFND |  | 0 | 0 | 141 |
| KeyCorp | COM | 493267108 |  | 241 | 13863 | SH |  | DFND |  | 0 | 0 | 13863 |
| Kimberly Clark Corp | COM | 494368103 |  | 15351 | 113086 | SH |  | DFND |  | 0 | 76890 | 36195 |
| Kinder Morgan Inc | COM | 49456b101 |  | 12912 | 714183 | SH |  | DFND |  | 0 | 422466 | 291717 |
| KKR  Co Inc Cl A | COM | 48251w104 |  | 13938 | 300251 | SH |  | DFND |  | 0 | 300251 | 0 |
| Kraft Heinz Co | COM | 500754106 |  | 8 | 186 | SH |  | DFND |  | 0 | 0 | 186 |
| Kroger Co | COM | 501044101 |  | 425 | 9531 | SH |  | DFND |  | 0 | 0 | 9531 |
| Kyndryl Holdings Inc Common St | COM | 50155q100 |  | 2 | 160 | SH |  | DFND |  | 0 | 0 | 160 |
| Lam Research Corp | COM | 512807108 |  | 11 | 25 | SH |  | DFND |  | 0 | 0 | 25 |
| Lancaster Colony Corp | COM | 513847103 |  | 1 | 3 | SH |  | DFND |  | 0 | 0 | 3 |
| La-Z-Boy Inc | COM | 505336107 |  | 41 | 1800 | SH |  | DFND |  | 0 | 0 | 1800 |
| Lilly Eli  Co | COM | 532457108 |  | 91364 | 249737 | SH |  | DFND |  | 0 | 117165 | 132571 |
| Lockheed Martin Corp | COM | 539830109 |  | 1908 | 3921 | SH |  | DFND |  | 0 | 3921 | 0 |
| Lowes Cos Inc | COM | 548661107 |  | 6467 | 32460 | SH |  | DFND |  | 0 | 29737 | 2724 |
| Lululemon Athletica Inc | COM | 550021109 |  | 12 | 37 | SH |  | DFND |  | 0 | 0 | 37 |
| Magellan Midstream Partners LP | LTD | 559080106 |  | 40188 | 800407 | SH |  | DFND |  | 0 | 582333 | 218074 |
| Managed Portfolio Ser Tortoise | ETF | 56167n720 |  | 1500 | 60746 | SH |  | DFND |  | 0 | 60746 | 0 |
| Marathon Petroleum Corp | COM | 56585a102 |  | 272 | 2334 | SH |  | DFND |  | 0 | 2334 | 0 |
| Marriott Intl Inc Cl A | COM | 571903202 |  | 525 | 3525 | SH |  | DFND |  | 0 | 0 | 3525 |
| Masco Corp | COM | 574599106 |  | 1984 | 42515 | SH |  | DFND |  | 0 | 40669 | 1846 |
| Match Group Inc | COM | 57667l107 |  | 2236 | 53893 | SH |  | DFND |  | 0 | 53085 | 808 |
| McDonalds Corp | COM | 580135101 |  | 525 | 1994 | SH |  | DFND |  | 0 | 0 | 1994 |
| McKesson Corp | COM | 58155q103 |  | 32 | 86 | SH |  | DFND |  | 0 | 0 | 86 |
| Medtronic PLC | COM | g5960l103 |  | 296 | 3802 | SH |  | DFND |  | 0 | 1642 | 2160 |
| Merck  Co Inc | COM | 58933y105 |  | 18740 | 168906 | SH |  | DFND |  | 0 | 108996 | 59910 |
| Meta Platforms Inc Cl A | COM | 30303m102 |  | 0 | 2 | SH |  | DFND |  | 0 | 0 | 2 |
| Methode Electronics Inc | COM | 591520200 |  | 63 | 1411 | SH |  | DFND |  | 0 | 0 | 1411 |
| Micro Focus International PLC | ADR | 594837403 |  | 0 | 19 | SH |  | DFND |  | 0 | 0 | 19 |
| Microchip Technology Inc | COM | 595017104 |  | 201 | 2858 | SH |  | DFND |  | 0 | 0 | 2858 |
| Microsoft Corp | COM | 594918104 |  | 66561 | 277546 | SH |  | DFND |  | 0 | 241872 | 35674 |
| Millerknoll Inc | COM | 600544100 |  | 11 | 539 | SH |  | DFND |  | 0 | 0 | 539 |
| Mondelez Intl Inc Cl A | COM | 609207105 |  | 1969 | 29550 | SH |  | DFND |  | 0 | 25505 | 4045 |
| Morgan Stanley | COM | 617446448 |  | 22948 | 269915 | SH |  | DFND |  | 0 | 206967 | 62948 |
| Motorola Solutions Inc | COM | 620076307 |  | 264 | 1025 | SH |  | DFND |  | 0 | 0 | 1025 |
| Mplx Lp | LTD | 55336v100 |  | 9614 | 292758 | SH |  | DFND |  | 0 | 151227 | 141531 |
| Myomo Inc Com New | COM | 62857j201 |  | 1 | 1570 | SH |  | DFND |  | 0 | 666 | 904 |
| NASDAQ Inc | COM | 631103108 |  | 4336 | 70683 | SH |  | DFND |  | 0 | 69183 | 1500 |
| Nextera Energy Inc | COM | 65339f101 |  | 70349 | 841498 | SH |  | DFND |  | 0 | 654765 | 186733 |
| Nike Inc Cl B | COM | 654106103 |  | 2 | 19 | SH |  | DFND |  | 0 | 0 | 19 |
| NiSource Inc | COM | 65473p105 |  | 3840 | 140033 | SH |  | DFND |  | 0 | 93887 | 46146 |
| Norfolk Southern Corp | COM | 655844108 |  | 853 | 3461 | SH |  | DFND |  | 0 | 3461 | 0 |
| Northrop Grumman Corp | COM | 666807102 |  | 3573 | 6548 | SH |  | DFND |  | 0 | 6548 | 0 |
| Nutrien Ltd | COM | 67077m108 |  | 10744 | 147117 | SH |  | DFND |  | 0 | 114545 | 32572 |
| NVIDIA Corp | COM | 67066g104 |  | 351 | 2401 | SH |  | DFND |  | 0 | 1700 | 701 |
| Occidental Petroleum Corp | COM | 674599105 |  | 107 | 1700 | SH |  | DFND |  | 0 | 1700 | 0 |
| Olo Inc Cl A | COM | 68134l109 |  | 59 | 9510 | SH |  | DFND |  | 0 | 0 | 9510 |
| Omnicell Inc | COM | 68213n109 |  | 4 | 85 | SH |  | DFND |  | 0 | 0 | 85 |
| Omnicom Group Inc | COM | 681919106 |  | 184 | 2258 | SH |  | DFND |  | 0 | 0 | 2258 |
| One Gas Inc | COM | 68235p108 |  | 96 | 1261 | SH |  | DFND |  | 0 | 0 | 1261 |
| Oneok Inc | COM | 682680103 |  | 11381 | 173229 | SH |  | DFND |  | 0 | 158715 | 14514 |
| Oracle Corp | COM | 68389x105 |  | 1704 | 20841 | SH |  | DFND |  | 0 | 20567 | 274 |
| Organon  Co Common Stock | COM | 68622v106 |  | 5 | 184 | SH |  | DFND |  | 0 | 0 | 184 |
| Otis Worldwide Corp | COM | 68902v107 |  | 867 | 11077 | SH |  | DFND |  | 0 | 9511 | 1566 |
| Oxford Industries Inc | COM | 691497309 |  | 51 | 549 | SH |  | DFND |  | 0 | 0 | 549 |
| Paychex Inc | COM | 704326107 |  | 1642 | 14208 | SH |  | DFND |  | 0 | 8673 | 5535 |
| PepsiCo Inc | COM | 713448108 |  | 5673 | 31401 | SH |  | DFND |  | 0 | 28882 | 2519 |
| Perion Network Ltd | COM | m78673114 |  | 17 | 688 | SH |  | DFND |  | 0 | 0 | 688 |
| Pfizer Inc | COM | 717081103 |  | 3988 | 77823 | SH |  | DFND |  | 0 | 60421 | 17402 |
| Philip Morris Intl Inc | COM | 718172109 |  | 10660 | 105321 | SH |  | DFND |  | 0 | 80951 | 24370 |
| Phillips 66 | COM | 718546104 |  | 9689 | 93094 | SH |  | DFND |  | 0 | 58612 | 34482 |
| Physicians Realty Trust | RE | 71943u104 |  | 76 | 5277 | SH |  | DFND |  | 0 | 0 | 5277 |
| Pioneer Natural Resources Co | COM | 723787107 |  | 70 | 308 | SH |  | DFND |  | 0 | 0 | 308 |
| Plains All American Pipeline L | LTD | 726503105 |  | 10615 | 902664 | SH |  | DFND |  | 0 | 606179 | 296486 |
| Plexus Corp | COM | 729132100 |  | 25 | 240 | SH |  | DFND |  | 0 | 0 | 240 |
| Power Integrations Inc | COM | 739276103 |  | 147 | 2052 | SH |  | DFND |  | 0 | 0 | 2052 |
| PPL Corp | COM | 69351t106 |  | 17310 | 592416 | SH |  | DFND |  | 0 | 470441 | 121975 |
| Procter And Gamble Co | COM | 742718109 |  | 3095 | 20419 | SH |  | DFND |  | 0 | 12297 | 8121 |
| ProLogis Inc | RE | 74340w103 |  | 6915 | 61345 | SH |  | DFND |  | 0 | 53057 | 8287 |
| Public Service Enterprise Grou | COM | 744573106 |  | 23975 | 391298 | SH |  | DFND |  | 0 | 300199 | 91099 |
| Qualcomm Inc | COM | 747525103 |  | 25 | 227 | SH |  | DFND |  | 0 | 0 | 227 |
| Rayonier Inc | RE | 754907103 |  | 2189 | 66402 | SH |  | DFND |  | 0 | 62939 | 3464 |
| Raytheon Technologies Corp | COM | 75513e101 |  | 2289 | 22681 | SH |  | DFND |  | 0 | 19470 | 3211 |
| Resideo Technologies Inc | COM | 76118y104 |  | 0 | 16 | SH |  | DFND |  | 0 | 0 | 16 |
| ResMed Inc | COM | 761152107 |  | 0 | 1 | SH |  | DFND |  | 0 | 0 | 1 |
| Rogers Communications Inc Cl B | COM | 775109200 |  | 5861 | 125120 | SH |  | DFND |  | 0 | 100088 | 25032 |
| Ross Stores Inc | COM | 778296103 |  | 1 | 8 | SH |  | DFND |  | 0 | 0 | 8 |
| Rush Enterprises Inc Cl A | COM | 781846209 |  | 184 | 3520 | SH |  | DFND |  | 0 | 0 | 3520 |
| Salesforce Inc Com | COM | 79466l302 |  | 3 | 25 | SH |  | DFND |  | 0 | 0 | 25 |
| Schlumberger Ltd | COM | 806857108 |  | 1185 | 22163 | SH |  | DFND |  | 0 | 22163 | 0 |
| Schwab Charles Corp | COM | 808513105 |  | 1115 | 13388 | SH |  | DFND |  | 0 | 13367 | 21 |
| Select Sector SPDR Consumer St | ETF | 81369y308 |  | 81 | 1085 | SH |  | DFND |  | 0 | 0 | 1085 |
| Select Sector SPDR Energy | ETF | 81369y506 |  | 48 | 550 | SH |  | DFND |  | 0 | 0 | 550 |
| Select Sector SPDR Financial | ETF | 81369y605 |  | 131 | 3843 | SH |  | DFND |  | 0 | 0 | 3843 |
| Select Sector SPDR Healthcare | ETF | 81369y209 |  | 259 | 1908 | SH |  | DFND |  | 0 | 0 | 1908 |
| Select Sector SPDR Industrials | ETF | 81369y704 |  | 69 | 704 | SH |  | DFND |  | 0 | 0 | 704 |
| Select Sector SPDR Materials | ETF | 81369y100 |  | 83 | 1069 | SH |  | DFND |  | 0 | 0 | 1069 |
| Select Sector SPDR Tr Real Est | COM | 81369y860 |  | 21 | 576 | SH |  | DFND |  | 0 | 0 | 576 |
| Select Sector SPDR Tr Technolo | ETF | 81369y803 |  | 1806 | 14512 | SH |  | DFND |  | 0 | 14512 | 0 |
| Select Sector SPDR Utilities | ETF | 81369y886 |  | 123 | 1751 | SH |  | DFND |  | 0 | 0 | 1751 |
| Shell PLC Spon ADS | ADR | 780259305 |  | 45 | 788 | SH |  | DFND |  | 0 | 0 | 788 |
| Shockwave Med Inc | COM | 82489t104 |  | 350 | 1700 | SH |  | DFND |  | 0 | 0 | 1700 |
| Soleno Therapeutics Inc | COM | 834203309 |  | 5 | 2288 | SH |  | DFND |  | 0 | 0 | 2288 |
| Sonic Automotive Inc Cl A | COM | 83545g102 |  | 124 | 2519 | SH |  | DFND |  | 0 | 0 | 2519 |
| Southern Co | COM | 842587107 |  | 30224 | 423241 | SH |  | DFND |  | 0 | 323808 | 99433 |
| Southern Copper Corp | COM | 84265v105 |  | 43484 | 720052 | SH |  | DFND |  | 0 | 566066 | 153986 |
| SPDR S 500 ETF Tr | ETF | 78462f103 |  | 306 | 800 | SH |  | DFND |  | 0 | 0 | 800 |
| SPDR S Mid Cap 400 ETF Tr | ETF | 78467y107 |  | 35 | 80 | SH |  | DFND |  | 0 | 0 | 80 |
| SPDR S Regl Banking | ETF | 78464a698 |  | 34 | 579 | SH |  | DFND |  | 0 | 0 | 579 |
| Stanley Black  Decker Inc | COM | 854502101 |  | 48 | 641 | SH |  | DFND |  | 0 | 0 | 641 |
| State Street Corp | COM | 857477103 |  | 199 | 2571 | SH |  | DFND |  | 0 | 0 | 2571 |
| Stryker Corp | COM | 863667101 |  | 377 | 1540 | SH |  | DFND |  | 0 | 0 | 1540 |
| Sysco Corp | COM | 871829107 |  | 2399 | 31382 | SH |  | DFND |  | 0 | 30306 | 1075 |
| Targa Res Corp | COM | 87612g101 |  | 73 | 992 | SH |  | DFND |  | 0 | 0 | 992 |
| Target Corp | COM | 87612e106 |  | 745 | 5000 | SH |  | DFND |  | 0 | 5000 | 0 |
| TC Energy Corp | COM | 87807b107 |  | 10320 | 258901 | SH |  | DFND |  | 0 | 165102 | 93799 |
| Tesla Inc | COM | 88160r101 |  | 12 | 100 | SH |  | DFND |  | 0 | 0 | 100 |
| Texas Instruments Inc | COM | 882508104 |  | 216 | 1308 | SH |  | DFND |  | 0 | 0 | 1308 |
| Thermo Fisher Scientific Inc | COM | 883556102 |  | 0 | 1 | SH |  | DFND |  | 0 | 0 | 1 |
| Tidewater Inc | COM | 88642r109 |  | 7 | 200 | SH |  | DFND |  | 0 | 0 | 200 |
| Topbuild Corp | COM | 89055f103 |  | 10 | 64 | SH |  | DFND |  | 0 | 0 | 64 |
| Tractor Supply Co | COM | 892356106 |  | 542 | 2410 | SH |  | DFND |  | 0 | 0 | 2410 |
| Truist FINL Corp | COM | 89832q109 |  | 168 | 3909 | SH |  | DFND |  | 0 | 0 | 3909 |
| Uber Technologies Inc | COM | 90353t100 |  | 540 | 21835 | SH |  | DFND |  | 0 | 21835 | 0 |
| Unilever PLC Sp ADR | ADR | 904767704 |  | 89 | 1771 | SH |  | DFND |  | 0 | 0 | 1771 |
| Union Pacific Corp | COM | 907818108 |  | 6645 | 32091 | SH |  | DFND |  | 0 | 28819 | 3272 |
| United Microelectronics Corp S | ADR | 910873405 |  | 0 | 1 | SH |  | DFND |  | 0 | 0 | 1 |
| United Parcel Service Inc Cl B | COM | 911312106 |  | 1211 | 6964 | SH |  | DFND |  | 0 | 5676 | 1288 |
| UnitedHealth Group Inc | COM | 91324p102 |  | 4065 | 7667 | SH |  | DFND |  | 0 | 5536 | 2131 |
| Uniti Group Inc | RE | 91325v108 |  | 12 | 2112 | SH |  | DFND |  | 0 | 0 | 2112 |
| US Bancorp Del | COM | 902973304 |  | 11112 | 254806 | SH |  | DFND |  | 0 | 207593 | 47213 |
| Valero Energy Corp | COM | 91913y100 |  | 7242 | 57086 | SH |  | DFND |  | 0 | 49949 | 7137 |
| Valvoline Inc | COM | 92047w101 |  | 20 | 611 | SH |  | DFND |  | 0 | 0 | 611 |
| Vaneck Vectors ETF Tr Oil Serv | ETF | 92189h607 |  | 5 | 16 | SH |  | DFND |  | 0 | 0 | 16 |
| Vanguard All World ex-US | ETF | 922042775 |  | 108 | 2154 | SH |  | DFND |  | 0 | 0 | 2154 |
| Vanguard REIT ETF | ETF | 922908553 |  | 39 | 469 | SH |  | DFND |  | 0 | 0 | 469 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 4575 | 13023 | SH |  | DFND |  | 0 | 5677 | 7346 |
| Vanguard Tax Mgd FTSE Dev Mkt | ETF | 921943858 |  | 47 | 1124 | SH |  | DFND |  | 0 | 0 | 1124 |
| Vanguard Total Stock Mkt | ETF | 922908769 |  | 800 | 4183 | SH |  | DFND |  | 0 | 0 | 4183 |
| Verizon Communications Inc | COM | 92343v104 |  | 25490 | 646948 | SH |  | DFND |  | 0 | 531394 | 115555 |
| Viatris Inc | COM | 92556v106 |  | 15 | 1376 | SH |  | DFND |  | 0 | 0 | 1376 |
| Vimeo Inc Common Stock | COM | 92719v100 |  | 139 | 40536 | SH |  | DFND |  | 0 | 39929 | 607 |
| Visa Inc Cl A | COM | 92826c839 |  | 3252 | 15651 | SH |  | DFND |  | 0 | 9939 | 5712 |
| Vor Biopharma Inc | COM | 929033108 |  | 369 | 55555 | SH |  | DFND |  | 0 | 55555 | 0 |
| Vulcan Materials Co | COM | 929160109 |  | 134 | 765 | SH |  | DFND |  | 0 | 0 | 765 |
| Wabtec Corp | COM | 929740108 |  | 2 | 21 | SH |  | DFND |  | 0 | 0 | 21 |
| Wal-Mart Stores Inc | COM | 931142103 |  | 14479 | 102115 | SH |  | DFND |  | 0 | 74564 | 27551 |
| Warner Brothers Discovery Inc | COM | 934423104 |  | 18 | 1891 | SH |  | DFND |  | 0 | 0 | 1891 |
| Waste Management Inc | COM | 94106l109 |  | 45 | 285 | SH |  | DFND |  | 0 | 0 | 285 |
| Wells Fargo  Co | COM | 949746101 |  | 350 | 8470 | SH |  | DFND |  | 0 | 8470 | 0 |
| Welltower Inc | RE | 95040q104 |  | 61 | 929 | SH |  | DFND |  | 0 | 929 | 0 |
| Western Midstream Partners LP | LTD | 958669103 |  | 309 | 11518 | SH |  | DFND |  | 0 | 0 | 11518 |
| Weyerhaeuser Co | RE | 962166104 |  | 2386 | 76974 | SH |  | DFND |  | 0 | 46010 | 30964 |
| Whirlpool Corp | COM | 963320106 |  | 360 | 2543 | SH |  | DFND |  | 0 | 2543 | 0 |
| Williams Cos Inc | COM | 969457100 |  | 906 | 27535 | SH |  | DFND |  | 0 | 0 | 27535 |
| Zoetis Inc Cl A | COM | 98978v103 |  | 1 | 8 | SH |  | DFND |  | 0 | 5 | 3 |

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