# EDGAR Filing Document

**Accession Number:** 0001522877
**File Stem:** 0001104659-25-122320
**Filing Date:** 2025-12
**Character Count:** 45876
**Document Hash:** 15ab5143222babe397b9aa14adc6bb4d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-122320.hdr.sgml**: 20251218

**ACCESSION NUMBER**: 0001104659-25-122320

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251218

**DATE AS OF CHANGE**: 20251218

**EFFECTIVENESS DATE**: 20251218

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIA Group Ltd
- **CENTRAL INDEX KEY:** 0001522877

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** K3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18932
- **FILM NUMBER:** 251581332

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 35/F, AIA CENTRAL
- **STREET 2:** NO. 1 CONNAUGHT ROAD CENTRAL
- **CITY:** HONG KONG
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 852-2862-8688

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 35/F, AIA CENTRAL
- **STREET 2:** NO. 1 CONNAUGHT ROAD CENTRAL
- **CITY:** HONG KONG
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** American International Assurance Co Ltd
- **DATE OF NAME CHANGE:** 20110609

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** AIA Group Ltd<br>**Address:** 35/F AIA CENTRAL<br>NO. 1 CONNAUGHT ROAD CENTRAL<br>HONG KONG, K3 00000

**Form 13F File Number:** 028-18932

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:** Gary E. Murphy<br>**Title:** Attorney<br>**Phone:** 212-909-6000

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

/s/ Gary E. Murphy  New York, NY  12-18-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 3

**Form 13F Information Table Entry Total:** 429

**Form 13F Information Table Value Total:** $5656758189

      (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   |
|:---|:---|:---|
|  | AIA Investment Management (Thailand) Ltd | 028-25409              |
|  | AIA Investment Management HK Ltd         | 028-19878              |
|  | AIA Investment Management Private Ltd    | 028-18933              |

### 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 |
| 2023 ETF SERIES TRUST II | GMO US QUALITY E | 90139K100 |  | 498819437 | 13783350 | SH |  | DFND | 3 | 13783350 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 13562764 | 101260 | SH |  | DFND | 3 | 101260 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 296543 | 2214 | SH |  | DFND |  | 2214 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 6213839 | 26837 | SH |  | DFND | 3 | 26837 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1918960 | 5440 | SH |  | DFND | 3 | 5440 | 0 | 0 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 2344307 | 16902 | SH |  | DFND | 3 | 16902 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2846533 | 17594 | SH |  | DFND | 3 | 17594 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 277470 | 1715 | SH |  | DFND |  | 1715 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2474973 | 19283 | SH |  | DFND | 3 | 19283 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 2430867 | 248301 | SH |  | DFND | 3 | 248301 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 3836949 | 60282 | SH |  | DFND | 3 | 60282 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 4553250 | 37500 | SH |  | DFND | 3 | 37500 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 1074391 | 13251 | SH |  | DFND | 3 | 13251 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 1009664 | 12115 | SH |  | DFND | 3 | 12115 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 2507155 | 20022 | SH |  | DFND | 3 | 20022 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2831234 | 13190 | SH |  | DFND | 3 | 13190 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 15190728 | 33313 | SH |  | DFND | 3 | 33313 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 33423584 | 137235 | SH |  | DFND | 3 | 137235 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 62050789 | 255248 | SH |  | DFND | 3 | 255248 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1146946 | 4718 | SH |  | DFND |  | 4718 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 57367054 | 261270 | SH |  | DFND | 3 | 261270 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1238155 | 5639 | SH |  | DFND |  | 5639 | 0 | 0 |
| AMERICA MOVIL SAB DE CV | SPON ADS RP CL B | 02390A101 |  | 6915006 | 329286 | SH |  | DFND | 3 | 329286 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 5181696 | 15600 | SH |  | DFND | 3 | 15600 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 4046224 | 51518 | SH |  | DFND | 3 | 51518 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 368870 | 1918 | SH |  | DFND | 3 | 1918 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 852539 | 6125 | SH |  | DFND | 3 | 6125 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 6173407 | 21876 | SH |  | DFND | 3 | 21876 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 6312488 | 51010 | SH |  | DFND | 3 | 51010 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 3107368 | 12647 | SH |  | DFND | 3 | 12647 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 3215775 | 159118 | SH |  | DFND | 3 | 159118 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 73746195 | 289621 | SH |  | DFND | 3 | 289621 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1732757 | 6805 | SH |  | DFND |  | 6805 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 837187 | 3207 | SH |  | DFND | 3 | 3207 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 2578905 | 12596 | SH |  | DFND | 3 | 12596 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 1906287 | 2653 | SH |  | DFND | 3 | 2653 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 3251469 | 54427 | SH |  | DFND | 3 | 54427 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 26571676 | 182360 | SH |  | DFND | 3 | 182360 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 920675 | 6507 | SH |  | DFND | 3 | 6507 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 1343463 | 11103 | SH |  | DFND | 3 | 11103 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 12343309 | 437086 | SH |  | DFND | 3 | 437086 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 2009345 | 12582 | SH |  | DFND | 3 | 12582 | 0 | 0 |
| ATOUR LIFESTYLE HLDGS LTD | SPONSORED ADS | 04965M106 |  | 3753850 | 99863 | SH |  | DFND | 3 | 99863 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 2754834 | 8672 | SH |  | DFND | 3 | 8672 | 0 | 0 |
| AUTOHOME INC | SP ADS RP CL A | 05278C107 |  | 1539016 | 53906 | SH |  | DFND | 3 | 53906 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 14456930 | 49257 | SH |  | DFND | 3 | 49257 | 0 | 0 |
| AVANTOR INC | COM | 05352A100 |  | 708315 | 56756 | SH |  | DFND | 3 | 56756 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 211786 | 4347 | SH |  | DFND |  | 4347 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 618149 | 12260 | SH |  | DFND | 3 | 12260 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 20344981 | 394359 | SH |  | DFND | 3 | 394359 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 3107866 | 28523 | SH |  | DFND | 3 | 28523 | 0 | 0 |
| BAOZUN INC | SPONSORED ADR | 06684L103 |  | 1616023 | 399018 | SH |  | DFND | 3 | 399018 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 671753 | 3589 | SH |  | DFND | 3 | 3589 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 429512 | 11816 | SH |  | DFND | 3 | 11816 | 0 | 0 |
| BEONE MEDICINES LTD | SPONSORED ADS | 07725L102 |  | 11005632 | 32303 | SH |  | DFND | 3 | 32303 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 3104313 | 22161 | SH |  | DFND | 3 | 22161 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 221894 | 4097 | SH |  | DFND |  | 4097 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 2865496 | 16772 | SH |  | DFND | 3 | 16772 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 3057744 | 42310 | SH |  | DFND | 3 | 42310 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 6115111 | 28333 | SH |  | DFND | 3 | 28333 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 16311195 | 3021 | SH |  | DFND | 3 | 3021 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 280762 | 52 | SH |  | DFND |  | 52 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 9984327 | 102267 | SH |  | DFND | 3 | 102267 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 312221 | 3198 | SH |  | DFND |  | 3198 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 5555012 | 123171 | SH |  | DFND | 3 | 123171 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 94023690 | 284998 | SH |  | DFND | 3 | 284998 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 745267 | 2259 | SH |  | DFND |  | 2259 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 4616183 | 81071 | SH |  | DFND | 3 | 81071 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 4921849 | 71768 | SH |  | DFND | 3 | 71768 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 719963 | 20917 | SH |  | DFND | 3 | 20917 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 14587477 | 41529 | SH |  | DFND | 3 | 41529 | 0 | 0 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 1274020 | 13539 | SH |  | DFND | 3 | 13539 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 5178874 | 24362 | SH |  | DFND | 3 | 24362 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 1456306 | 4427 | SH |  | DFND | 3 | 4427 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 260277 | 9003 | SH |  | DFND | 3 | 9003 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 12938244 | 216721 | SH |  | DFND | 3 | 216721 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2543210 | 5330 | SH |  | DFND | 3 | 5330 | 0 | 0 |
| CAVCO INDS INC DEL | COM | 149568107 |  | 691069 | 1190 | SH |  | DFND | 3 | 1190 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 1734263 | 11007 | SH |  | DFND | 3 | 11007 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 1749791 | 7102 | SH |  | DFND | 3 | 7102 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 4544455 | 127367 | SH |  | DFND | 3 | 127367 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 376471 | 4197 | SH |  | DFND | 3 | 4197 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1614866 | 5870 | SH |  | DFND | 3 | 5870 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 3684721 | 23728 | SH |  | DFND | 3 | 23728 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 964684 | 9708 | SH |  | DFND | 3 | 9708 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 208891 | 1434 | SH |  | DFND |  | 1434 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 17201677 | 251413 | SH |  | DFND | 3 | 251413 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 221749 | 3241 | SH |  | DFND |  | 3241 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 15923320 | 156880 | SH |  | DFND | 3 | 156880 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 2387416 | 44910 | SH |  | DFND | 3 | 44910 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 |  | 1479474 | 6371 | SH |  | DFND | 3 | 6371 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 13680756 | 63753 | SH |  | DFND | 3 | 63753 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 6556701 | 24267 | SH |  | DFND | 3 | 24267 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3046210 | 45932 | SH |  | DFND | 3 | 45932 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 450363 | 3844 | SH |  | DFND | 3 | 3844 | 0 | 0 |
| COGNEX CORP | COM | 192422103 |  | 1486067 | 32805 | SH |  | DFND | 3 | 32805 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 4039827 | 60233 | SH |  | DFND | 3 | 60233 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 416338 | 3865 | SH |  | DFND | 3 | 3865 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2112734 | 26429 | SH |  | DFND | 3 | 26429 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 281930 | 10953 | SH |  | DFND | 3 | 10953 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 16159683 | 514312 | SH |  | DFND | 3 | 514312 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 1981257 | 2401 | SH |  | DFND | 3 | 2401 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 3771018 | 205954 | SH |  | DFND | 3 | 205954 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2729867 | 28860 | SH |  | DFND | 3 | 28860 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 4702929 | 46786 | SH |  | DFND | 3 | 46786 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 925183 | 6870 | SH |  | DFND | 3 | 6870 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 373165 | 1134 | SH |  | DFND | 3 | 1134 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 6149648 | 136750 | SH |  | DFND | 3 | 136750 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 5217518 | 63605 | SH |  | DFND | 3 | 63605 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 7991769 | 118169 | SH |  | DFND | 3 | 118169 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 20661913 | 22322 | SH |  | DFND | 3 | 22322 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 337474 | 799 | SH |  | DFND | 3 | 799 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 9133122 | 121145 | SH |  | DFND | 3 | 121145 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 3814939 | 22511 | SH |  | DFND | 3 | 22511 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 18786523 | 94757 | SH |  | DFND | 3 | 94757 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 270427 | 1364 | SH |  | DFND |  | 1364 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 3831786 | 37800 | SH |  | DFND | 3 | 37800 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 15941913 | 34864 | SH |  | DFND | 3 | 34864 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 2903875 | 20483 | SH |  | DFND | 3 | 20483 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 4205516 | 74106 | SH |  | DFND | 3 | 74106 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 3572629 | 31202 | SH |  | DFND | 3 | 31202 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 903899 | 8746 | SH |  | DFND | 3 | 8746 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 1040090 | 3824 | SH |  | DFND | 3 | 3824 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 643376 | 8259 | SH |  | DFND | 3 | 8259 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 835854 | 13257 | SH |  | DFND | 3 | 13257 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 387993 | 4266 | SH |  | DFND | 3 | 4266 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 1277557 | 4665 | SH |  | DFND | 3 | 4665 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 253321 | 925 | SH |  | DFND |  | 925 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 11910739 | 215462 | SH |  | DFND | 3 | 215462 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 23970658 | 308225 | SH |  | DFND | 3 | 308225 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 8224923 | 40778 | SH |  | DFND | 3 | 40778 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 3594710 | 11125 | SH |  | DFND | 3 | 11125 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 35487893 | 46511 | SH |  | DFND | 3 | 46511 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 344876 | 452 | SH |  | DFND |  | 452 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2652591 | 20221 | SH |  | DFND | 3 | 20221 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 |  | 2481702 | 16458 | SH |  | DFND | 3 | 16458 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 4762625 | 87500 | SH |  | DFND | 3 | 87500 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 2226680 | 8680 | SH |  | DFND | 3 | 8680 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 625914 | 12326 | SH |  | DFND | 3 | 12326 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 304676 | 7636 | SH |  | DFND | 3 | 7636 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 1810869 | 25455 | SH |  | DFND | 3 | 25455 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 6361623 | 141338 | SH |  | DFND | 3 | 141338 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 7191984 | 63787 | SH |  | DFND | 3 | 63787 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 381659 | 3385 | SH |  | DFND |  | 3385 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 846838 | 52566 | SH |  | DFND | 3 | 52566 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 1351899 | 5733 | SH |  | DFND | 3 | 5733 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 1739148 | 7744 | SH |  | DFND | 3 | 7744 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 5347632 | 24249 | SH |  | DFND | 3 | 24249 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 168705 | 765 | SH |  | DFND |  | 765 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 751017 | 5825 | SH |  | DFND | 3 | 5825 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 532690 | 12662 | SH |  | DFND | 3 | 12662 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 375176 | 11156 | SH |  | DFND | 3 | 11156 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 2650802 | 221639 | SH |  | DFND | 3 | 221639 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 225354 | 4600 | SH |  | DFND |  | 4600 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 317633 | 5037 | SH |  | DFND | 3 | 5037 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 338584 | 5910 | SH |  | DFND | 3 | 5910 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 408430 | 17658 | SH |  | DFND | 3 | 17658 | 0 | 0 |
| FRANKLIN TEMPLETON ETF TR | FTSE JAPAN HDG | 35473P637 |  | 6394879 | 177398 | SH |  | DFND | 2 | 177398 | 0 | 0 |
| FRANKLIN TEMPLETON ETF TR | FTSE TAIWAN | 35473P686 |  | 1973328 | 33600 | SH |  | DFND | 2 | 33600 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 6535229 | 166630 | SH |  | DFND | 3 | 166630 | 0 | 0 |
| FULL TRUCK ALLIANCE CO LTD | SPONSORED ADS | 35969L108 |  | 5970104 | 460301 | SH |  | DFND | 3 | 460301 | 0 | 0 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 382254 | 2198 | SH |  | DFND | 3 | 2198 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 8148950 | 26309 | SH |  | DFND | 3 | 26309 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 23270232 | 77356 | SH |  | DFND | 3 | 77356 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 3881249 | 6312 | SH |  | DFND | 3 | 6312 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 228128 | 371 | SH |  | DFND |  | 371 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 13601736 | 223089 | SH |  | DFND | 3 | 223089 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 5147292 | 46372 | SH |  | DFND | 3 | 46372 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 3217024 | 38722 | SH |  | DFND | 3 | 38722 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 347989 | 2434 | SH |  | DFND | 3 | 2434 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 15985134 | 20073 | SH |  | DFND | 3 | 20073 | 0 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 10162069 | 259833 | SH |  | DFND | 3 | 259833 | 0 | 0 |
| HA SUSTAINABLE INFRA CAP INC | COM | 41068X100 |  | 1011719 | 32955 | SH |  | DFND | 3 | 32955 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 443122 | 3322 | SH |  | DFND | 3 | 3322 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 261261 | 613 | SH |  | DFND | 3 | 613 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 6272070 | 19429 | SH |  | DFND | 3 | 19429 | 0 | 0 |
| HESAI GROUP | SPONSORED ADS | 428050108 |  | 565456 | 20123 | SH |  | DFND | 3 | 20123 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 5728399 | 233241 | SH |  | DFND | 3 | 233241 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 679897 | 12990 | SH |  | DFND | 3 | 12990 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 8967025 | 34563 | SH |  | DFND | 3 | 34563 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 29069951 | 71744 | SH |  | DFND | 3 | 71744 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 400328 | 988 | SH |  | DFND |  | 988 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 8789638 | 41756 | SH |  | DFND | 3 | 41756 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 7338806 | 37399 | SH |  | DFND | 3 | 37399 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3512479 | 128993 | SH |  | DFND | 3 | 128993 | 0 | 0 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 1670723 | 110206 | SH |  | DFND | 3 | 110206 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 258869 | 995 | SH |  | DFND | 3 | 995 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 258255 | 897 | SH |  | DFND | 3 | 897 | 0 | 0 |
| HUTCHMED CHINA LTD | SPONSORED ADS | 44842L103 |  | 4968164 | 315439 | SH |  | DFND | 3 | 315439 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 9523266 | 315027 | SH |  | DFND | 3 | 315027 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 718394 | 2755 | SH |  | DFND | 3 | 2755 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 3928244 | 41363 | SH |  | DFND | 3 | 41363 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 7646068 | 92545 | SH |  | DFND | 3 | 92545 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 512128 | 6902 | SH |  | DFND | 3 | 6902 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 12837606 | 382641 | SH |  | DFND | 3 | 382641 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 4713485 | 68500 | SH |  | DFND | 3 | 68500 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 3653994 | 21688 | SH |  | DFND | 3 | 21688 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 9818604 | 34798 | SH |  | DFND | 3 | 34798 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1056396 | 17166 | SH |  | DFND | 3 | 17166 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 788707 | 16998 | SH |  | DFND | 3 | 16998 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 6782662 | 9932 | SH |  | DFND | 3 | 9932 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 12903927 | 28853 | SH |  | DFND | 3 | 28853 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 326031 | 729 | SH |  | DFND |  | 729 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 14135712 | 23545 | SH |  | DFND | 2 | 23545 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 116169732 | 173569 | SH |  | DFND | 1 | 173569 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1458373912 | 2178954 | SH |  | DFND | 2 | 2178954 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 110159339 | 1232621 | SH |  | DFND | 2 | 1232621 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 40555642 | 420440 | SH |  | DFND | 2 | 420440 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 147369314 | 1776390 | SH |  | DFND | 2 | 1776390 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 10507530 | 201835 | SH |  | DFND |  | 201835 | 0 | 0 |
| ISHARES TR | CORE MSCI EURO | 46434V738 |  | 26365165 | 387040 | SH |  | DFND | 2 | 387040 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | BETABULDRS JAPAN | 46641Q217 |  | 55419976 | 835645 | SH |  | DFND | 2 | 835645 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | BETABUILDERS DEV | 46641Q233 |  | 20727430 | 367899 | SH |  | DFND | 2 | 367899 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 489067 | 2252 | SH |  | DFND | 3 | 2252 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 20925760 | 112856 | SH |  | DFND | 3 | 112856 | 0 | 0 |
| JOYY INC | ADS REPSTG COM A | 46591M109 |  | 433714 | 7400 | SH |  | DFND | 3 | 7400 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 41324484 | 131010 | SH |  | DFND | 3 | 131010 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 701908 | 27515 | SH |  | DFND | 3 | 27515 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 776645 | 4440 | SH |  | DFND | 3 | 4440 | 0 | 0 |
| KILROY RLTY CORP | COM | 49427F108 |  | 459680 | 10880 | SH |  | DFND | 3 | 10880 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1184547 | 41842 | SH |  | DFND | 3 | 41842 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 12776017 | 11845 | SH |  | DFND | 3 | 11845 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 9481529 | 364114 | SH |  | DFND | 3 | 364114 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 7385642 | 109563 | SH |  | DFND | 3 | 109563 | 0 | 0 |
| KT CORP | SPONSORED ADR | 48268K101 |  | 1797978 | 92204 | SH |  | DFND | 3 | 92204 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 10161296 | 33271 | SH |  | DFND | 3 | 33271 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 4399552 | 32857 | SH |  | DFND | 3 | 32857 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 4016333 | 45578 | SH |  | DFND | 3 | 45578 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 345041 | 1826 | SH |  | DFND | 3 | 1826 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 2914549 | 23124 | SH |  | DFND | 3 | 23124 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 929082 | 14622 | SH |  | DFND | 3 | 14622 | 0 | 0 |
| LINEAGE INC | COM | 53566V106 |  | 1392315 | 36033 | SH |  | DFND | 3 | 36033 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 521084 | 1649 | SH |  | DFND | 3 | 1649 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 339360 | 11112 | SH |  | DFND | 3 | 11112 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 450599 | 1793 | SH |  | DFND | 3 | 1793 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 740981 | 4554 | SH |  | DFND | 3 | 4554 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 16485856 | 83422 | SH |  | DFND | 3 | 83422 | 0 | 0 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 1317853 | 7563 | SH |  | DFND | 3 | 7563 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 15763131 | 60525 | SH |  | DFND | 3 | 60525 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 4212380 | 20902 | SH |  | DFND | 3 | 20902 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1391190 | 16548 | SH |  | DFND | 3 | 16548 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 24740391 | 43495 | SH |  | DFND | 3 | 43495 | 0 | 0 |
| MAXIMUS INC | COM | 577933104 |  | 1203982 | 13177 | SH |  | DFND | 3 | 13177 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 8686088 | 28583 | SH |  | DFND | 3 | 28583 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 322149 | 417 | SH |  | DFND | 3 | 417 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 21132948 | 9043 | SH |  | DFND | 3 | 9043 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 41598478 | 495633 | SH |  | DFND | 3 | 495633 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 924569 | 12765 | SH |  | DFND | 3 | 12765 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 109153103 | 148633 | SH |  | DFND | 3 | 148633 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 2777022 | 33714 | SH |  | DFND | 3 | 33714 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 5445678 | 4436 | SH |  | DFND | 3 | 4436 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 323531 | 11404 | SH |  | DFND | 3 | 11404 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 18782507 | 112255 | SH |  | DFND | 3 | 112255 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 232742 | 1391 | SH |  | DFND |  | 1391 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 201304893 | 388657 | SH |  | DFND | 3 | 388657 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1929882 | 3726 | SH |  | DFND |  | 3726 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 727657 | 28171 | SH |  | DFND | 3 | 28171 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 291633 | 1524 | SH |  | DFND | 3 | 1524 | 0 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 3984851 | 88063 | SH |  | DFND | 3 | 88063 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 5510291 | 88207 | SH |  | DFND | 3 | 88207 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 217458 | 3481 | SH |  | DFND |  | 3481 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1459214 | 1585 | SH |  | DFND | 3 | 1585 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 4030388 | 59878 | SH |  | DFND | 3 | 59878 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3285862 | 20671 | SH |  | DFND | 3 | 20671 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1513539 | 43643 | SH |  | DFND | 3 | 43643 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 6236064 | 13637 | SH |  | DFND | 3 | 13637 | 0 | 0 |
| MSA SAFETY INC | COM | 553498106 |  | 2241728 | 13028 | SH |  | DFND | 3 | 13028 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 315059 | 3116 | SH |  | DFND | 3 | 3116 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 5130100 | 58000 | SH |  | DFND | 3 | 58000 | 0 | 0 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 204230 | 2211 | SH |  | DFND | 3 | 2211 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 45871878 | 38261 | SH |  | DFND | 3 | 38261 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 217168 | 1547 | SH |  | DFND |  | 1547 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 2874477 | 50078 | SH |  | DFND | 3 | 50078 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 9681149 | 114828 | SH |  | DFND | 3 | 114828 | 0 | 0 |
| NEXTRACKER INC | CLASS A COM | 65290E101 |  | 518448 | 7007 | SH |  | DFND | 3 | 7007 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 5696174 | 81689 | SH |  | DFND | 3 | 81689 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 26407309 | 196191 | SH |  | DFND | 3 | 196191 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 7713991 | 12660 | SH |  | DFND | 3 | 12660 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 121866966 | 653162 | SH |  | DFND | 3 | 653162 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2255939 | 12091 | SH |  | DFND |  | 12091 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1375656 | 16873 | SH |  | DFND | 3 | 16873 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 3556730 | 72130 | SH |  | DFND | 3 | 72130 | 0 | 0 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 275638 | 4882 | SH |  | DFND | 3 | 4882 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 1245552 | 9639 | SH |  | DFND | 3 | 9639 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 11560370 | 41105 | SH |  | DFND | 3 | 41105 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 309205 | 2384 | SH |  | DFND | 3 | 2384 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 368079 | 2602 | SH |  | DFND | 3 | 2602 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 2560253 | 26040 | SH |  | DFND | 3 | 26040 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 8810339 | 48297 | SH |  | DFND | 3 | 48297 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 320091 | 1572 | SH |  | DFND |  | 1572 | 0 | 0 |
| PALOMAR HLDGS INC | COM | 69753M105 |  | 1034639 | 8862 | SH |  | DFND | 3 | 8862 | 0 | 0 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 994719 | 52575 | SH |  | DFND | 3 | 52575 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1826983 | 27244 | SH |  | DFND | 3 | 27244 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 6450831 | 45933 | SH |  | DFND | 3 | 45933 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 12313159 | 483248 | SH |  | DFND | 3 | 483248 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 2510549 | 166482 | SH |  | DFND | 3 | 166482 | 0 | 0 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 317616 | 7800 | SH |  | DFND | 3 | 7800 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 1110942 | 5529 | SH |  | DFND | 3 | 5529 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 453934 | 3574 | SH |  | DFND | 3 | 3574 | 0 | 0 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 1478015 | 20269 | SH |  | DFND | 3 | 20269 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 29321951 | 190836 | SH |  | DFND | 3 | 190836 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 338798 | 2205 | SH |  | DFND |  | 2205 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 18746221 | 75911 | SH |  | DFND | 3 | 75911 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 27299049 | 238378 | SH |  | DFND | 3 | 238378 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 2807308 | 27061 | SH |  | DFND | 3 | 27061 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 2764726 | 13618 | SH |  | DFND | 3 | 13618 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 2293380 | 17357 | SH |  | DFND | 3 | 17357 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 19005632 | 114244 | SH |  | DFND | 3 | 114244 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1955234 | 4718 | SH |  | DFND | 3 | 4718 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 617479 | 3240 | SH |  | DFND | 3 | 3240 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 2578043 | 42409 | SH |  | DFND | 3 | 42409 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 1477289 | 10299 | SH |  | DFND | 3 | 10299 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 9663734 | 17187 | SH |  | DFND | 3 | 17187 | 0 | 0 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 2319393 | 12072 | SH |  | DFND | 3 | 12072 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1274302 | 5553 | SH |  | DFND | 3 | 5553 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 7130380 | 111169 | SH |  | DFND | 3 | 111169 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 3718106 | 326436 | SH |  | DFND | 3 | 326436 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 493971 | 3450 | SH |  | DFND | 3 | 3450 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 12594100 | 90919 | SH |  | DFND | 3 | 90919 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 376922 | 19449 | SH |  | DFND | 3 | 19449 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 160464 | 800 | SH |  | DFND | 3 | 800 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 109918 | 548 | SH |  | DFND |  | 548 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 4982920 | 29779 | SH |  | DFND | 3 | 29779 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 6983412 | 115965 | SH |  | DFND | 3 | 115965 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 6282939 | 12909 | SH |  | DFND | 3 | 12909 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 265744 | 546 | SH |  | DFND |  | 546 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 21215529 | 89517 | SH |  | DFND | 3 | 89517 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 219225 | 925 | SH |  | DFND |  | 925 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 1338546 | 11930 | SH |  | DFND | 3 | 11930 | 0 | 0 |
| SAVERS VALUE VLG INC | COM | 80517M109 |  | 1949989 | 147169 | SH |  | DFND | 3 | 147169 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1625281 | 17024 | SH |  | DFND | 3 | 17024 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 89195028 | 499049 | SH |  | DFND | 3 | 499049 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 5532240 | 61483 | SH |  | DFND | 3 | 61483 | 0 | 0 |
| SENSIENT TECHNOLOGIES CORP | COM | 81725T100 |  | 1843965 | 19648 | SH |  | DFND | 3 | 19648 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 30111562 | 32720 | SH |  | DFND | 3 | 32720 | 0 | 0 |
| SERVICETITAN INC | SHS CL A | 81764X103 |  | 941349 | 9336 | SH |  | DFND | 3 | 9336 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 9678313 | 27951 | SH |  | DFND | 3 | 27951 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 27259978 | 183433 | SH |  | DFND | 3 | 183433 | 0 | 0 |
| SILGAN HLDGS INC | COM | 827048109 |  | 778481 | 18100 | SH |  | DFND | 3 | 18100 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 912915 | 39223 | SH |  | DFND | 3 | 39223 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 854555 | 11101 | SH |  | DFND | 3 | 11101 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 824383 | 7591 | SH |  | DFND | 3 | 7591 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 655635 | 1892 | SH |  | DFND | 3 | 1892 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 638307 | 2830 | SH |  | DFND | 3 | 2830 | 0 | 0 |
| SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 |  | 1633455 | 38005 | SH |  | DFND | 3 | 38005 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 54728276 | 118015 | SH |  | DFND | 2 | 118015 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 119763176 | 179776 | SH |  | DFND | 2 | 179776 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 1093440 | 10050 | SH |  | DFND | 3 | 10050 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 1017057 | 13683 | SH |  | DFND | 3 | 13683 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 10987848 | 129880 | SH |  | DFND | 3 | 129880 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 1043733 | 53884 | SH |  | DFND | 3 | 53884 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 3068465 | 26450 | SH |  | DFND | 3 | 26450 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 543219 | 3896 | SH |  | DFND | 3 | 3896 | 0 | 0 |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 |  | 434271 | 15367 | SH |  | DFND | 3 | 15367 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 2284791 | 7091 | SH |  | DFND | 3 | 7091 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 1059234 | 22095 | SH |  | DFND | 3 | 22095 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 2636666 | 37110 | SH |  | DFND | 3 | 37110 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 15497380 | 31410 | SH |  | DFND | 3 | 31410 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 5297719 | 22131 | SH |  | DFND | 3 | 22131 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 2659399 | 9522 | SH |  | DFND | 3 | 9522 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 1052988 | 11739 | SH |  | DFND | 3 | 11739 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 1266336 | 19184 | SH |  | DFND | 3 | 19184 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 2232731 | 13635 | SH |  | DFND | 3 | 13635 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 1018538 | 1738 | SH |  | DFND | 3 | 1738 | 0 | 0 |
| TENCENT MUSIC ENTMT GROUP | SPON ADS | 88034P109 |  | 2791114 | 119585 | SH |  | DFND | 3 | 119585 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 1081575 | 7858 | SH |  | DFND | 3 | 7858 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 73519332 | 165316 | SH |  | DFND | 3 | 165316 | 0 | 0 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 3637652 | 108977 | SH |  | DFND | 3 | 108977 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 24092331 | 131129 | SH |  | DFND | 3 | 131129 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 10361723 | 35947 | SH |  | DFND | 3 | 35947 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1925848 | 39295 | SH |  | DFND | 3 | 39295 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 19061286 | 39300 | SH |  | DFND | 3 | 39300 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 6383609 | 44165 | SH |  | DFND | 3 | 44165 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 303100 | 2097 | SH |  | DFND |  | 2097 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 434312 | 3144 | SH |  | DFND | 3 | 3144 | 0 | 0 |
| TOPBUILD CORP | COM | 89055F103 |  | 602706 | 1542 | SH |  | DFND | 3 | 1542 | 0 | 0 |
| TOPBUILD CORP | COM | 89055F103 |  | 165725 | 424 | SH |  | DFND |  | 424 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 402635 | 3628 | SH |  | DFND | 3 | 3628 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 9509514 | 7215 | SH |  | DFND | 3 | 7215 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1773326 | 6351 | SH |  | DFND | 3 | 6351 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 2286690 | 28006 | SH |  | DFND | 3 | 28006 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 17148232 | 228035 | SH |  | DFND | 3 | 228035 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 2782016 | 60849 | SH |  | DFND | 3 | 60849 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 536382 | 5359 | SH |  | DFND | 3 | 5359 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 2779997 | 51197 | SH |  | DFND | 3 | 51197 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 7759322 | 79201 | SH |  | DFND | 3 | 79201 | 0 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 215214 | 2302 | SH |  | DFND | 3 | 2302 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 1017058 | 30579 | SH |  | DFND | 3 | 30579 | 0 | 0 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 3454354 | 48749 | SH |  | DFND | 3 | 48749 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 221951 | 939 | SH |  | DFND |  | 939 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 657841 | 6817 | SH |  | DFND | 3 | 6817 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 479880 | 5745 | SH |  | DFND | 3 | 5745 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 544554 | 1299 | SH |  | DFND | 3 | 1299 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 8266482 | 23940 | SH |  | DFND | 3 | 23940 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 1293492 | 6327 | SH |  | DFND | 3 | 6327 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 755166 | 9709 | SH |  | DFND | 3 | 9709 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 3183255 | 65865 | SH |  | DFND | 3 | 65865 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 7678726 | 45100 | SH |  | DFND | 3 | 45100 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 592325 | 5556 | SH |  | DFND | 3 | 5556 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 347506 | 1243 | SH |  | DFND | 3 | 1243 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 14484338 | 329564 | SH |  | DFND | 3 | 329564 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 21952989 | 56054 | SH |  | DFND | 3 | 56054 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 6109981 | 40501 | SH |  | DFND | 3 | 40501 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 3363634 | 339761 | SH |  | DFND | 3 | 339761 | 0 | 0 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 1441876 | 113623 | SH |  | DFND | 3 | 113623 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 6828958 | 209413 | SH |  | DFND | 3 | 209413 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 54245282 | 158900 | SH |  | DFND | 3 | 158900 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 521970 | 1529 | SH |  | DFND |  | 1529 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 |  | 2984235 | 71104 | SH |  | DFND | 3 | 71104 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 3009255 | 15011 | SH |  | DFND | 3 | 15011 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 11096264 | 107668 | SH |  | DFND | 3 | 107668 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 395235 | 3835 | SH |  | DFND |  | 3835 | 0 | 0 |
| WARBY PARKER INC | CL A COM | 93403J106 |  | 1973184 | 71544 | SH |  | DFND | 3 | 71544 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 282541 | 14467 | SH |  | DFND | 3 | 14467 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2176500 | 9856 | SH |  | DFND | 3 | 9856 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 1149172 | 3833 | SH |  | DFND | 3 | 3833 | 0 | 0 |
| WEIBO CORP | SPONSORED ADR | 948596101 |  | 1396897 | 112653 | SH |  | DFND | 3 | 112653 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 12108386 | 144457 | SH |  | DFND | 3 | 144457 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 4275360 | 24000 | SH |  | DFND | 3 | 24000 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 3513556 | 29265 | SH |  | DFND | 3 | 29265 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 18007183 | 726389 | SH |  | DFND | 3 | 726389 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 2205568 | 9162 | SH |  | DFND | 3 | 9162 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 303524 | 4492 | SH |  | DFND | 3 | 4492 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 4666976 | 36384 | SH |  | DFND | 3 | 36384 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 872610 | 5916 | SH |  | DFND | 3 | 5916 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 224790 | 1524 | SH |  | DFND |  | 1524 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 978113 | 29479 | SH |  | DFND | 3 | 29479 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 3088944 | 20322 | SH |  | DFND | 3 | 20322 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 1195425 | 14490 | SH |  | DFND | 3 | 14490 | 0 | 0 |

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