# EDGAR Filing Document

**Accession Number:** 0001144492
**File Stem:** 0000950123-25-008144
**Filing Date:** 2025-8
**Character Count:** 25404
**Document Hash:** c825fb404bb41bc038642e36b1553ade
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950123-25-008144.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000950123-25-008144

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 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:** 251215353

**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:** 06-30-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** 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  08-14-2025<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:** 225

**Form 13F Information Table Value Total:** $3360962401

      (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              |  |  |

### 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 |
| ABBOTT LABS | COM | 002824100 |  | 3498313 | 25721 | SH |  | SOLE |  | 25721 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 4149349 | 22354 | SH |  | SOLE |  | 22354 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1376132 | 3557 | SH |  | SOLE |  | 3557 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1619505 | 11413 | SH |  | SOLE |  | 11413 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 435270 | 2299 | SH |  | SOLE |  | 2299 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1899847 | 10710 | SH |  | SOLE |  | 10710 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 16405603 | 93092 | SH |  | SOLE |  | 93092 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 764477 | 13039 | SH |  | SOLE |  | 13039 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 19500041 | 88883 | SH |  | SOLE |  | 88883 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 2915477 | 9140 | SH |  | SOLE |  | 9140 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 1214242 | 6710 | SH |  | SOLE |  | 6710 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 579919 | 2077 | SH |  | SOLE |  | 2077 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 1141056 | 11555 | SH |  | SOLE |  | 11555 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 28034429 | 136640 | SH |  | SOLE |  | 136640 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 405854 | 1316 | SH |  | SOLE |  | 1316 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 2038262 | 43074 | SH |  | SOLE |  | 43074 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 480405 | 2789 | SH |  | SOLE |  | 2789 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4233486 | 8715 | SH |  | SOLE |  | 8715 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 574491 | 10451 | SH |  | SOLE |  | 10451 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 3647221 | 630 | SH |  | SOLE |  | 630 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 3480084 | 32400 | SH |  | SOLE |  | 32400 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 609175 | 4929 | SH |  | SOLE |  | 4929 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 267834 | 5786 | SH |  | SOLE |  | 5786 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 11507561 | 41747 | SH |  | SOLE |  | 41747 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 260497 | 788 | SH |  | SOLE |  | 788 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 2221097 | 30347 | SH |  | SOLE |  | 30347 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1625636 | 11353 | SH |  | SOLE |  | 11353 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1007331 | 17940 | SH |  | SOLE |  | 17940 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 292298 | 4213 | SH |  | SOLE |  | 4213 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 857827 | 3849 | SH |  | SOLE |  | 3849 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 3223494 | 37870 | SH |  | SOLE |  | 37870 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3016285 | 42633 | SH |  | SOLE |  | 42633 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1561844 | 17182 | SH |  | SOLE |  | 17182 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 609873 | 6796 | SH |  | SOLE |  | 6796 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 408164 | 2509 | SH |  | SOLE |  | 2509 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 1777117 | 5506 | SH |  | SOLE |  | 5506 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 1611935 | 21628 | SH |  | SOLE |  | 21628 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4554714 | 4601 | SH |  | SOLE |  | 4601 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1998023 | 3923 | SH |  | SOLE |  | 3923 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 1705955 | 8636 | SH |  | SOLE |  | 8636 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 245510 | 6471 | SH |  | SOLE |  | 6471 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 1123805 | 8366 | SH |  | SOLE |  | 8366 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1559054 | 12572 | SH |  | SOLE |  | 12572 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 2376531 | 19869 | SH |  | SOLE |  | 19869 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 1400280 | 5197 | SH |  | SOLE |  | 5197 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1467297 | 11005 | SH |  | SOLE |  | 11005 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 542543 | 9671 | SH |  | SOLE |  | 9671 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 356410 | 6707 | SH |  | SOLE |  | 6707 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3024437 | 28056 | SH |  | SOLE |  | 28056 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 15949387 | 21609 | SH |  | SOLE |  | 21609 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 1919441 | 11133 | SH |  | SOLE |  | 11133 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 504707 | 4774 | SH |  | SOLE |  | 4774 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 841120 | 19403 | SH |  | SOLE |  | 19403 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 2214270 | 6917 | SH |  | SOLE |  | 6917 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 3754291 | 14586 | SH |  | SOLE |  | 14586 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 498915 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3234418 | 4570 | SH |  | SOLE |  | 4570 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 1307582 | 1257 | SH |  | SOLE |  | 1257 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 2124673 | 5546 | SH |  | SOLE |  | 5546 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 1263498 | 9959 | SH |  | SOLE |  | 9959 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 679931 | 38831 | SH |  | SOLE |  | 38831 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 2134946 | 8251 | SH |  | SOLE |  | 8251 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 4227726 | 11531 | SH |  | SOLE |  | 11531 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1123646 | 4825 | SH |  | SOLE |  | 4825 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 1266056 | 6802 | SH |  | SOLE |  | 6802 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 1004816 | 14755 | SH |  | SOLE |  | 14755 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 2272464 | 7233 | SH |  | SOLE |  | 7233 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 1182097 | 6443 | SH |  | SOLE |  | 6443 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 2543257 | 3229 | SH |  | SOLE |  | 3229 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 2888224 | 5315 | SH |  | SOLE |  | 5315 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 832464 | 25380 | SH |  | SOLE |  | 25380 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 2095783536 | 19120368 | SH |  | SOLE |  | 19120368 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 19461585 | 166097 | SH |  | SOLE |  | 166097 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 9069544 | 31284 | SH |  | SOLE |  | 31284 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4018853 | 26310 | SH |  | SOLE |  | 26310 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 1004125 | 1121 | SH |  | SOLE |  | 1121 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 1034120 | 6311 | SH |  | SOLE |  | 6311 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 317491 | 10799 | SH |  | SOLE |  | 10799 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 5651593 | 7250 | SH |  | SOLE |  | 7250 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1095326 | 2365 | SH |  | SOLE |  | 2365 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1134199 | 6828 | SH |  | SOLE |  | 6828 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 913784 | 11806 | SH |  | SOLE |  | 11806 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2258437 | 4019 | SH |  | SOLE |  | 4019 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1417025 | 4850 | SH |  | SOLE |  | 4850 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 2341965 | 3196 | SH |  | SOLE |  | 3196 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 2807039 | 1074 | SH |  | SOLE |  | 1074 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 674602 | 8522 | SH |  | SOLE |  | 8522 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 466364 | 397 | SH |  | SOLE |  | 397 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 33292646 | 66932 | SH |  | SOLE |  | 66932 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1278596 | 10374 | SH |  | SOLE |  | 10374 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1001991 | 1370 | SH |  | SOLE |  | 1370 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1157728 | 8219 | SH |  | SOLE |  | 8219 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1654510 | 3935 | SH |  | SOLE |  | 3935 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 760723 | 103 | SH |  | SOLE |  | 103 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 5463650 | 4080 | SH |  | SOLE |  | 4080 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 640394 | 10992 | SH |  | SOLE |  | 10992 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2940562 | 42359 | SH |  | SOLE |  | 42359 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 37409030 | 236781 | SH |  | SOLE |  | 236781 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1765557 | 19589 | SH |  | SOLE |  | 19589 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 700984 | 13375 | SH |  | SOLE |  | 13375 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 3976661 | 18189 | SH |  | SOLE |  | 18189 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 289459 | 1536 | SH |  | SOLE |  | 1536 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2417208 | 11812 | SH |  | SOLE |  | 11812 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 318994 | 2193 | SH |  | SOLE |  | 2193 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1584651 | 21322 | SH |  | SOLE |  | 21322 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 1372292 | 10393 | SH |  | SOLE |  | 10393 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 3580676 | 19660 | SH |  | SOLE |  | 19660 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 1042701 | 29077 | SH |  | SOLE |  | 29077 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3872113 | 24304 | SH |  | SOLE |  | 24304 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1821320 | 6825 | SH |  | SOLE |  | 6825 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1915286 | 18220 | SH |  | SOLE |  | 18220 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 620955 | 3899 | SH |  | SOLE |  | 3899 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2551662 | 6749 | SH |  | SOLE |  | 6749 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 711263 | 4871 | SH |  | SOLE |  | 4871 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 1171327 | 20332 | SH |  | SOLE |  | 20332 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 2487062 | 10085 | SH |  | SOLE |  | 10085 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1347946 | 2378 | SH |  | SOLE |  | 2378 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 3166376 | 6005 | SH |  | SOLE |  | 6005 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 1339373 | 16176 | SH |  | SOLE |  | 16176 | 0 | 0 |
| SPDR SER TR | PRTFLO S HI | 78468R788 |  | 449530676 | 10592146 | SH |  | SOLE |  | 10592146 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1995000 | 7316 | SH |  | SOLE |  | 7316 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 1124323 | 33264 | SH |  | SOLE |  | 33264 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2274887 | 24933 | SH |  | SOLE |  | 24933 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 4514927 | 51417 | SH |  | SOLE |  | 51417 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 5695458 | 69746 | SH |  | SOLE |  | 69746 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 1382499 | 18246 | SH |  | SOLE |  | 18246 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 4243914 | 4128 | SH |  | SOLE |  | 4128 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 1817684 | 8123 | SH |  | SOLE |  | 8123 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1195810 | 13022 | SH |  | SOLE |  | 13022 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 2311270 | 5842 | SH |  | SOLE |  | 5842 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 2342435 | 4569 | SH |  | SOLE |  | 4569 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 3210987 | 26002 | SH |  | SOLE |  | 26002 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 1916563 | 8044 | SH |  | SOLE |  | 8044 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 2449716 | 10816 | SH |  | SOLE |  | 10816 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 7081277 | 22292 | SH |  | SOLE |  | 22292 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2037437 | 5025 | SH |  | SOLE |  | 5025 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 2237138 | 15281 | SH |  | SOLE |  | 15281 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1118585 | 4181 | SH |  | SOLE |  | 4181 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1624475 | 35900 | SH |  | SOLE |  | 35900 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 2576013 | 27610 | SH |  | SOLE |  | 27610 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1905983 | 8284 | SH |  | SOLE |  | 8284 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 600290 | 5947 | SH |  | SOLE |  | 5947 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2065865 | 6622 | SH |  | SOLE |  | 6622 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 |  | 215024700 | 2833000 | SH |  | SOLE |  | 2833000 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1382736 | 31956 | SH |  | SOLE |  | 31956 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 2250486 | 5055 | SH |  | SOLE |  | 5055 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 1664654 | 51063 | SH |  | SOLE |  | 51063 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 6983834 | 19670 | SH |  | SOLE |  | 19670 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 1852083 | 7101 | SH |  | SOLE |  | 7101 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 6458858 | 66055 | SH |  | SOLE |  | 66055 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2983268 | 37235 | SH |  | SOLE |  | 37235 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 2667677 | 17353 | SH |  | SOLE |  | 17353 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 2107401 | 33552 | SH |  | SOLE |  | 33552 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 1848166 | 14287 | SH |  | SOLE |  | 14287 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 1651511 | 10590 | SH |  | SOLE |  | 10590 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 1571584 | 5006 | SH |  | SOLE |  | 5006 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 336097 | 36572 | SH |  | SOLE |  | 36572 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 432750 | 1213 | SH |  | SOLE |  | 1213 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 760077 | 2543 | SH |  | SOLE |  | 2543 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 3780881 | 10591 | SH |  | SOLE |  | 10591 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 4196815 | 8945 | SH |  | SOLE |  | 8945 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 275928 | 1322 | SH |  | SOLE |  | 1322 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 1000795 | 3196 | SH |  | SOLE |  | 3196 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 620591 | 1662 | SH |  | SOLE |  | 1662 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 328624 | 3572 | SH |  | SOLE |  | 3572 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 1183149 | 5205 | SH |  | SOLE |  | 5205 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 646233 | 7938 | SH |  | SOLE |  | 7938 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1368957 | 81680 | SH |  | SOLE |  | 81680 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 432865 | 20593 | SH |  | SOLE |  | 20593 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 527705 | 2513 | SH |  | SOLE |  | 2513 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 272964 | 1058 | SH |  | SOLE |  | 1058 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1403619 | 4506 | SH |  | SOLE |  | 4506 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 348111 | 1591 | SH |  | SOLE |  | 1591 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 1643446 | 11814 | SH |  | SOLE |  | 11814 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 517671 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 844518 | 462 | SH |  | SOLE |  | 462 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 525074 | 5872 | SH |  | SOLE |  | 5872 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 1242001 | 7679 | SH |  | SOLE |  | 7679 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 522639 | 1743 | SH |  | SOLE |  | 1743 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 796065 | 3650 | SH |  | SOLE |  | 3650 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 695886 | 8761 | SH |  | SOLE |  | 8761 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 522589 | 6208 | SH |  | SOLE |  | 6208 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 1217430 | 11544 | SH |  | SOLE |  | 11544 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 2844025 | 22148 | SH |  | SOLE |  | 22148 | 0 | 0 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 394872 | 8512 | SH |  | SOLE |  | 8512 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 704618 | 5606 | SH |  | SOLE |  | 5606 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 665502 | 1901 | SH |  | SOLE |  | 1901 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1552526 | 2934 | SH |  | SOLE |  | 2934 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 890784 | 4255 | SH |  | SOLE |  | 4255 | 0 | 0 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 240501 | 4679 | SH |  | SOLE |  | 4679 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 274344 | 7728 | SH |  | SOLE |  | 7728 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 569710 | 4301 | SH |  | SOLE |  | 4301 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 580942 | 4367 | SH |  | SOLE |  | 4367 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 1872238 | 19234 | SH |  | SOLE |  | 19234 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 1243928 | 28828 | SH |  | SOLE |  | 28828 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 1382274 | 20262 | SH |  | SOLE |  | 20262 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 2795518 | 27324 | SH |  | SOLE |  | 27324 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 3176080 | 3027 | SH |  | SOLE |  | 3027 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 606929 | 26796 | SH |  | SOLE |  | 26796 | 0 | 0 |
| HYATT HOTELS CORP | COM CL A | 448579102 |  | 642390 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 3251914 | 23855 | SH |  | SOLE |  | 23855 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 763503 | 995 | SH |  | SOLE |  | 995 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 393929 | 5472 | SH |  | SOLE |  | 5472 | 0 | 0 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 10405180 | 446000 | SH |  | SOLE |  | 446000 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 539478 | 22937 | SH |  | SOLE |  | 22937 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 6473471 | 79949 | SH |  | SOLE |  | 79949 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 11389009 | 217472 | SH |  | SOLE |  | 217472 | 0 | 0 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 8493759 | 57577 | SH |  | SOLE |  | 57577 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 26283248 | 103792 | SH |  | SOLE |  | 103792 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 202024 | 2884 | SH |  | SOLE |  | 2884 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 205518 | 1821 | SH |  | SOLE |  | 1821 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 244409 | 9630 | SH |  | SOLE |  | 9630 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 513650 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 221893 | 1018 | SH |  | SOLE |  | 1018 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 490121 | 8404 | SH |  | SOLE |  | 8404 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 318559 | 3980 | SH |  | SOLE |  | 3980 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 380331 | 4424 | SH |  | SOLE |  | 4424 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 473449 | 3297 | SH |  | SOLE |  | 3297 | 0 | 0 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 4198710 | 173000 | SH |  | SOLE |  | 173000 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 523629 | 7300 | SH |  | SOLE |  | 7300 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 644879 | 10295 | SH |  | SOLE |  | 10295 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 372575 | 1738 | SH |  | SOLE |  | 1738 | 0 | 0 |
| SAMSARA INC | COM CL A | 79589L106 |  | 489294 | 12300 | SH |  | SOLE |  | 12300 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 4174042 | 30967 | SH |  | SOLE |  | 30967 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 457793 | 5749 | SH |  | SOLE |  | 5749 | 0 | 0 |

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