# EDGAR Filing Document

**Accession Number:** 0001144492
**File Stem:** 0001193125-26-219009
**Filing Date:** 2026-5
**Character Count:** 25346
**Document Hash:** b559f973e6409a94d69dfd72fb205f41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-219009.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001193125-26-219009

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**EFFECTIVENESS DATE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Meiji Yasuda Life Insurance Co
- **CENTRAL INDEX KEY:** 0001144492

**ORGANIZATION NAME:**
- **EIN:** 980074538
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13926
- **FILM NUMBER:** 26967677

**BUSINESS ADDRESS:**
- **STREET 1:** 2-1-1, MARUNOUCHI,CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-0005
- **BUSINESS PHONE:** 81-3-3283-9142

**MAIL ADDRESS:**
- **STREET 1:** 2-1-1, MARUNOUCHI,CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 100-0005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MEIJI YASUDA LIFE INSURANCE CO
- **DATE OF NAME CHANGE:** 20100513

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MEIJI LIFE INSURANCE CO
- **DATE OF NAME CHANGE:** 20010710

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Meiji Yasuda Life Insurance Co<br>**Address:** 2-1-1 MARUNOUCHICHIYODA-KU<br>TOKYO, M0 100-0005

**Form 13F File Number:** 028-13926

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:** Momoe Kato<br>**Title:** Group Manager<br>**Phone:** 81-3-3283-1151

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

/S/ Momoe Kato  Tokyo, M0  05-11-2026<br>[Signature]  [City, State]  [Date]

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

[ ] **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).)

[x] **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:** 224

**Form 13F Information Table Value Total:** $2925824482

      (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   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | Meiji Yasuda Asset Management Co Ltd. | 028-13925              |  |  |
|     2 | Meiji Yasuda America Incorporated     |  |  |  |

### 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 |
| AT INC | COM | 00206R102 |  | 413194 | 14253 | SH |  | SOLE |  | 14253 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 220330 | 2146 | SH |  | SOLE |  | 2146 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 4823058 | 22176 | SH |  | SOLE |  | 22176 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2468623 | 12135 | SH |  | SOLE |  | 12135 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 1165312 | 9228 | SH |  | SOLE |  | 9228 | 0 | 0 |
| ALPHABET INC CAP STK | CL C | 02079K107 |  | 3024652 | 10544 | SH |  | SOLE |  | 10544 | 0 | 0 |
| ALPHABET INC CAP STK | CL A | 02079K305 |  | 26462134 | 92023 | SH |  | SOLE |  | 92023 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 319524 | 4842 | SH |  | SOLE |  | 4842 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 18068464 | 86755 | SH |  | SOLE |  | 86755 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 2689955 | 8893 | SH |  | SOLE |  | 8893 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 374499 | 2170 | SH |  | SOLE |  | 2170 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 1418849 | 6619 | SH |  | SOLE |  | 6619 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 1809458 | 14321 | SH |  | SOLE |  | 14321 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 33355873 | 131431 | SH |  | SOLE |  | 131431 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 426212 | 1247 | SH |  | SOLE |  | 1247 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 274090 | 1349 | SH |  | SOLE |  | 1349 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1871708 | 38394 | SH |  | SOLE |  | 38394 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4273506 | 8918 | SH |  | SOLE |  | 8918 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 590377 | 10451 | SH |  | SOLE |  | 10451 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 213421 | 1856 | SH |  | SOLE |  | 1856 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2774601 | 659 | SH |  | SOLE |  | 659 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 2012330 | 32069 | SH |  | SOLE |  | 32069 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 925458 | 15259 | SH |  | SOLE |  | 15259 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 13392188 | 43269 | SH |  | SOLE |  | 43269 | 0 | 0 |
| C H ROBINSON WORLDWIDE IN | COM NEW | 12541W209 |  | 2322323 | 13984 | SH |  | SOLE |  | 13984 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 358956 | 4998 | SH |  | SOLE |  | 4998 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 264532 | 952 | SH |  | SOLE |  | 952 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 2446751 | 13412 | SH |  | SOLE |  | 13412 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2238025 | 3159 | SH |  | SOLE |  | 3159 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 2107277 | 10185 | SH |  | SOLE |  | 10185 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 363121 | 4680 | SH |  | SOLE |  | 4680 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4172467 | 36791 | SH |  | SOLE |  | 36791 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3563247 | 46854 | SH |  | SOLE |  | 46854 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1246148 | 14621 | SH |  | SOLE |  | 14621 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 771540 | 5845 | SH |  | SOLE |  | 5845 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 376350 | 2509 | SH |  | SOLE |  | 2509 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 904212 | 3238 | SH |  | SOLE |  | 3238 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 1776159 | 21218 | SH |  | SOLE |  | 21218 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 4165077 | 4180 | SH |  | SOLE |  | 4180 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1538996 | 3942 | SH |  | SOLE |  | 3942 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 3101147 | 5764 | SH |  | SOLE |  | 5764 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 1616530 | 8526 | SH |  | SOLE |  | 8526 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 977572 | 8281 | SH |  | SOLE |  | 8281 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1808193 | 3210 | SH |  | SOLE |  | 3210 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1278866 | 13269 | SH |  | SOLE |  | 13269 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 2739023 | 18946 | SH |  | SOLE |  | 18946 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 2439669 | 9171 | SH |  | SOLE |  | 9171 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1651507 | 12605 | SH |  | SOLE |  | 12605 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 4497687 | 26510 | SH |  | SOLE |  | 26510 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 11932343 | 20856 | SH |  | SOLE |  | 20856 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 1217510 | 20713 | SH |  | SOLE |  | 20713 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 1772274 | 8183 | SH |  | SOLE |  | 8183 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 2322657 | 8185 | SH |  | SOLE |  | 8185 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2212499 | 15875 | SH |  | SOLE |  | 15875 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2084519 | 2464 | SH |  | SOLE |  | 2464 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 2352877 | 2157 | SH |  | SOLE |  | 2157 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 2071845 | 4378 | SH |  | SOLE |  | 4378 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 572834 | 4236 | SH |  | SOLE |  | 4236 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 1707296 | 8088 | SH |  | SOLE |  | 8088 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 3877284 | 11789 | SH |  | SOLE |  | 11789 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1579498 | 6988 | SH |  | SOLE |  | 6988 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1395205 | 6054 | SH |  | SOLE |  | 6054 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 335774 | 1290 | SH |  | SOLE |  | 1290 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 238385 | 1934 | SH |  | SOLE |  | 1934 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 915882 | 9731 | SH |  | SOLE |  | 9731 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1497628 | 7137 | SH |  | SOLE |  | 7137 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 626093 | 2583 | SH |  | SOLE |  | 2583 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1118135 | 2586 | SH |  | SOLE |  | 2586 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 2474594 | 5368 | SH |  | SOLE |  | 5368 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 630693 | 25380 | SH |  | SOLE |  | 25380 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 2083928908 | 19120368 | SH |  | SOLE |  | 19120368 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 8941876 | 30398 | SH |  | SOLE |  | 30398 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 6332707 | 25907 | SH |  | SOLE |  | 25907 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 671419 | 456 | SH |  | SOLE |  | 456 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 1761424 | 6238 | SH |  | SOLE |  | 6238 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 6710642 | 7296 | SH |  | SOLE |  | 7296 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1000265 | 1655 | SH |  | SOLE |  | 1655 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 2286257 | 9363 | SH |  | SOLE |  | 9363 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1485156 | 14994 | SH |  | SOLE |  | 14994 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2222987 | 4449 | SH |  | SOLE |  | 4449 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 2009257 | 6465 | SH |  | SOLE |  | 6465 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 1738508 | 2009 | SH |  | SOLE |  | 2009 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 1720375 | 995 | SH |  | SOLE |  | 995 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 1713290 | 14243 | SH |  | SOLE |  | 14243 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 556189 | 441 | SH |  | SOLE |  | 441 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 24258721 | 65534 | SH |  | SOLE |  | 65534 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 4424353 | 13096 | SH |  | SOLE |  | 13096 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 835319 | 764 | SH |  | SOLE |  | 764 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1310471 | 7963 | SH |  | SOLE |  | 7963 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 677427 | 1561 | SH |  | SOLE |  | 1561 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 428339 | 65 | SH |  | SOLE |  | 65 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 4103874 | 42682 | SH |  | SOLE |  | 42682 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 788493 | 7284 | SH |  | SOLE |  | 7284 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 3151140 | 33927 | SH |  | SOLE |  | 33927 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 40324419 | 231218 | SH |  | SOLE |  | 231218 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1148059 | 12437 | SH |  | SOLE |  | 12437 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 829109 | 13390 | SH |  | SOLE |  | 13390 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2723742 | 18515 | SH |  | SOLE |  | 18515 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1808089 | 11278 | SH |  | SOLE |  | 11278 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 598438 | 13231 | SH |  | SOLE |  | 13231 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 566498 | 3648 | SH |  | SOLE |  | 3648 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 3595484 | 21746 | SH |  | SOLE |  | 21746 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 3714563 | 25717 | SH |  | SOLE |  | 25717 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1639048 | 8268 | SH |  | SOLE |  | 8268 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 2213222 | 16744 | SH |  | SOLE |  | 16744 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2761571 | 5030 | SH |  | SOLE |  | 5030 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 2251336 | 11671 | SH |  | SOLE |  | 11671 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 1433447 | 23430 | SH |  | SOLE |  | 23430 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 2128655 | 9719 | SH |  | SOLE |  | 9719 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1814926 | 4267 | SH |  | SOLE |  | 4267 | 0 | 0 |
| SS TECH HLDGS | COM | 78467J100 |  | 1013347 | 14997 | SH |  | SOLE |  | 14997 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 950710 | 5093 | SH |  | SOLE |  | 5093 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 680558 | 13243 | SH |  | SOLE |  | 13243 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2644597 | 28140 | SH |  | SOLE |  | 28140 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 268470 | 3242 | SH |  | SOLE |  | 3242 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 1744299 | 17951 | SH |  | SOLE |  | 17951 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 1977981 | 18919 | SH |  | SOLE |  | 18919 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 870533 | 5772 | SH |  | SOLE |  | 5772 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1153511 | 11951 | SH |  | SOLE |  | 11951 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 833633 | 2537 | SH |  | SOLE |  | 2537 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 1170805 | 2953 | SH |  | SOLE |  | 2953 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 4411713 | 27625 | SH |  | SOLE |  | 27625 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 1696412 | 8077 | SH |  | SOLE |  | 8077 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 2121988 | 6279 | SH |  | SOLE |  | 6279 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 8083332 | 21744 | SH |  | SOLE |  | 21744 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2491074 | 5068 | SH |  | SOLE |  | 5068 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 1921976 | 16335 | SH |  | SOLE |  | 16335 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 1801730 | 34642 | SH |  | SOLE |  | 34642 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1037374 | 14422 | SH |  | SOLE |  | 14422 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1078446 | 4445 | SH |  | SOLE |  | 4445 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1527481 | 5645 | SH |  | SOLE |  | 5645 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 |  | 211681760 | 2833000 | SH |  | SOLE |  | 2833000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1616390 | 32199 | SH |  | SOLE |  | 32199 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 2234933 | 5005 | SH |  | SOLE |  | 5005 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 1827845 | 66905 | SH |  | SOLE |  | 66905 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 6316816 | 20900 | SH |  | SOLE |  | 20900 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 1317660 | 4839 | SH |  | SOLE |  | 4839 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7076130 | 56937 | SH |  | SOLE |  | 56937 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 3751462 | 47123 | SH |  | SOLE |  | 47123 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 2856910 | 14450 | SH |  | SOLE |  | 14450 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 2386747 | 32794 | SH |  | SOLE |  | 32794 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 755480 | 6391 | SH |  | SOLE |  | 6391 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 692191 | 4934 | SH |  | SOLE |  | 4934 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 2301249 | 6434 | SH |  | SOLE |  | 6434 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 3850568 | 7767 | SH |  | SOLE |  | 7767 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1465511 | 16913 | SH |  | SOLE |  | 16913 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 781511 | 2840 | SH |  | SOLE |  | 2840 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 1639409 | 4914 | SH |  | SOLE |  | 4914 | 0 | 0 |
| CF INDUSTRIES HOLD | COM | 125269100 |  | 305643 | 2354 | SH |  | SOLE |  | 2354 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 2745435 | 7708 | SH |  | SOLE |  | 7708 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 481860 | 10272 | SH |  | SOLE |  | 10272 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 597971 | 38209 | SH |  | SOLE |  | 38209 | 0 | 0 |
| KIMCO REALTY CORP | COM | 49446R109 |  | 262899 | 11700 | SH |  | SOLE |  | 11700 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 818511 | 3344 | SH |  | SOLE |  | 3344 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1332275 | 6150 | SH |  | SOLE |  | 6150 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 795281 | 3173 | SH |  | SOLE |  | 3173 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 482882 | 3216 | SH |  | SOLE |  | 3216 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 1161679 | 7679 | SH |  | SOLE |  | 7679 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 424717 | 1352 | SH |  | SOLE |  | 1352 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 502538 | 6208 | SH |  | SOLE |  | 6208 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 1334874 | 11350 | SH |  | SOLE |  | 11350 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 1611127 | 2717 | SH |  | SOLE |  | 2717 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 2777679 | 11085 | SH |  | SOLE |  | 11085 | 0 | 0 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 300267 | 8463 | SH |  | SOLE |  | 8463 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 728259 | 5528 | SH |  | SOLE |  | 5528 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 595408 | 1496 | SH |  | SOLE |  | 1496 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 2739160 | 3138 | SH |  | SOLE |  | 3138 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 322897 | 13533 | SH |  | SOLE |  | 13533 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 797484 | 5454 | SH |  | SOLE |  | 5454 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 1233765 | 13338 | SH |  | SOLE |  | 13338 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 3023289 | 14150 | SH |  | SOLE |  | 14150 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 1078125 | 15526 | SH |  | SOLE |  | 15526 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 2171733 | 17688 | SH |  | SOLE |  | 17688 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 2857240 | 2971 | SH |  | SOLE |  | 2971 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 1529335 | 44796 | SH |  | SOLE |  | 44796 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 3972965 | 27160 | SH |  | SOLE |  | 27160 | 0 | 0 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 281117 | 4305 | SH |  | SOLE |  | 4305 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 822407 | 1696 | SH |  | SOLE |  | 1696 | 0 | 0 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 27423540 | 1179000 | SH |  | SOLE |  | 1179000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 34441700 | 259155 | SH |  | SOLE |  | 259155 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 219697 | 3219 | SH |  | SOLE |  | 3219 | 0 | 0 |
| BADGER METER INC | COM | 056525108 |  | 1538735 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 343982 | 1970 | SH |  | SOLE |  | 1970 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 830086 | 7580 | SH |  | SOLE |  | 7580 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1070362 | 3520 | SH |  | SOLE |  | 3520 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 710713 | 3354 | SH |  | SOLE |  | 3354 | 0 | 0 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 18301200 | 755000 | SH |  | SOLE |  | 755000 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 826047 | 6490 | SH |  | SOLE |  | 6490 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 418254 | 3194 | SH |  | SOLE |  | 3194 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 388589 | 19381 | SH |  | SOLE |  | 19381 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 1359205 | 18758 | SH |  | SOLE |  | 18758 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 459291 | 3411 | SH |  | SOLE |  | 3411 | 0 | 0 |
| SAMSARA INC | COM CL A | 79589L106 |  | 716194 | 22600 | SH |  | SOLE |  | 22600 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 638201 | 9961 | SH |  | SOLE |  | 9961 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 580498 | 5210 | SH |  | SOLE |  | 5210 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 564440 | 5150 | SH |  | SOLE |  | 5150 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 252225 | 1210 | SH |  | SOLE |  | 1210 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1433432 | 17900 | SH |  | SOLE |  | 17900 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 320525 | 1780 | SH |  | SOLE |  | 1780 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 683910 | 9180 | SH |  | SOLE |  | 9180 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 281491 | 1810 | SH |  | SOLE |  | 1810 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 340487 | 5640 | SH |  | SOLE |  | 5640 | 0 | 0 |
| EVERPURE INC | CL A | 74624M102 |  | 1356149 | 22970 | SH |  | SOLE |  | 22970 | 0 | 0 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 230209 | 2340 | SH |  | SOLE |  | 2340 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 261905 | 1060 | SH |  | SOLE |  | 1060 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 803355 | 2970 | SH |  | SOLE |  | 2970 | 0 | 0 |
| ADVANCED ENERGY INDS | COM | 007973100 |  | 1839447 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 1366299 | 22380 | SH |  | SOLE |  | 22380 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 209197 | 990 | SH |  | SOLE |  | 990 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 504699 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 2069590 | 10030 | SH |  | SOLE |  | 10030 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 740518 | 537 | SH |  | SOLE |  | 537 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 788626 | 5800 | SH |  | SOLE |  | 5800 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 553465 | 13720 | SH |  | SOLE |  | 13720 | 0 | 0 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 210269 | 2240 | SH |  | SOLE |  | 2240 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 417979 | 3720 | SH |  | SOLE |  | 3720 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 448385 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| BLACKROCK ETF TRUST II ISHARES AAA | CLO | 092528504 |  | 5079830 | 98000 | SH |  | SOLE |  | 98000 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 225467 | 4470 | SH |  | SOLE |  | 4470 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 450486 | 6370 | SH |  | SOLE |  | 6370 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 |  | 1316259 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 558968 | 21400 | SH |  | SOLE |  | 21400 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 14003751 | 283649 | SH |  | SOLE |  | 283649 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 20488442 | 126683 | SH |  | SOLE |  | 126683 | 0 | 0 |

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