# EDGAR Filing Document

**Accession Number:** 0002041021
**File Stem:** 0002041021-26-000001
**Filing Date:** 2026-1
**Character Count:** 26496
**Document Hash:** 906b99e73c0fca966b03b3c6ad4c54f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002041021-26-000001.hdr.sgml**: 20260106

**ACCESSION NUMBER**: 0002041021-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260106

**DATE AS OF CHANGE**: 20260106

**EFFECTIVENESS DATE**: 20260106

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Board of the Pension Protection Fund
- **CENTRAL INDEX KEY:** 0002041021

**ORGANIZATION NAME:**
- **EIN:** 981081886
- **STATE OF INCORPORATION:** X0

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24548
- **FILM NUMBER:** 26509528

**BUSINESS ADDRESS:**
- **STREET 1:** RENAISSANCE
- **STREET 2:** 12 DINGWALL ROAD
- **CITY:** CROYDON
- **STATE:** X0
- **ZIP:** CR0 2NA
- **BUSINESS PHONE:** 08456002541

**MAIL ADDRESS:**
- **STREET 1:** RENAISSANCE
- **STREET 2:** 12 DINGWALL ROAD
- **CITY:** CROYDON
- **STATE:** X0
- **ZIP:** CR0 2NA

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Board of the Pension Protection Fund<br>**Address:** RENAISSANCE<br>12 DINGWALL ROAD<br>CROYDON, X0 CR0 2NA

**Form 13F File Number:** 028-24548

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:** Oliver Beck<br>**Title:** Director of Compliance<br>**Phone:** 02086334917

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

Oliver Beck  London, X0  01-06-2026<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:** 0

**Form 13F Information Table Entry Total:** 251

**Form 13F Information Table Value Total:** $105061865

      (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.]

**NONE**

### 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 |  | 37587 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 22849 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 26830 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 55998 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 44108 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 27214 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 46845 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 31844 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 41630 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 1556244 | 186600 | SH |  | SOLE |  | 186600 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1728110 | 20200 | SH |  | SOLE |  | 20200 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 91350 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 58841 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 26185 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 27028 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 26953 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 1407665 | 18500 | SH |  | SOLE |  | 18500 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1669008 | 17400 | SH |  | SOLE |  | 17400 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 26206 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 32428 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 67052 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 23681 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 30868 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 1564168 | 8600 | SH |  | SOLE |  | 8600 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 31878 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 26485 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 46436 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 254163 | 13300 | SH |  | SOLE |  | 13300 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 38814 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 1703916 | 24300 | SH |  | SOLE |  | 24300 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 52797 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 58581 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 28605 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 70122 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 22317 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 39850 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| BROWN FORMAN CORP | CL A | 115637100 |  | 1265511 | 48100 | SH |  | SOLE |  | 48100 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 62544 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 1172946 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 41100 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 31704 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 1103220 | 8100 | SH |  | SOLE |  | 8100 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 40530 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 1851750 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 72846 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1281725 | 6140 | SH |  | SOLE |  | 6140 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 19439 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 15241 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 49939 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 1616868 | 9900 | SH |  | SOLE |  | 9900 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 30812 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 75933 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 1499036 | 31400 | SH |  | SOLE |  | 31400 | 0 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 1398674 | 151700 | SH |  | SOLE |  | 151700 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 1684900 | 20300 | SH |  | SOLE |  | 20300 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1670851 | 55900 | SH |  | SOLE |  | 55900 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 28083 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 99320 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 42392 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 40980 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 35235 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| CORPAY INC | COM SHS | 219948106 |  | 48149 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 20109 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 1558144 | 59200 | SH |  | SOLE |  | 59200 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 24960 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 39875 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 20418 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 71424 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 1397268 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1519860 | 21900 | SH |  | SOLE |  | 21900 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 43956 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 46459 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 15033 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 1641600 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 19524 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 1264858 | 54100 | SH |  | SOLE |  | 54100 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 24120 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 25481 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 1698566 | 28300 | SH |  | SOLE |  | 28300 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 34100 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 56088 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 31503 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 21440 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 1653455 | 34700 | SH |  | SOLE |  | 34700 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 1737472 | 5120 | SH |  | SOLE |  | 5120 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 67330 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 108975 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 22072 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 1756522 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 44703 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 24068 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| F ANNUITIES  LIFE INC | COMMON STOCK | 30190A104 |  | 51828 | 1680 | SH |  | SOLE |  | 1680 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 61262 | 240 | SH |  | SOLE |  | 240 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 34823 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 28886 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 22263 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 1528520 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 70215 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 429236 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 261230 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 107472 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 1625298 | 26900 | SH |  | SOLE |  | 26900 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 1653120 | 126000 | SH |  | SOLE |  | 126000 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 23823 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 176672 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 1790215 | 24500 | SH |  | SOLE |  | 24500 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 1785575 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 1595852 | 66800 | SH |  | SOLE |  | 66800 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 60547 | 240 | SH |  | SOLE |  | 240 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 49212 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 1606929 | 59100 | SH |  | SOLE |  | 59100 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 26933 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1813436 | 22300 | SH |  | SOLE |  | 22300 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 36822 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 1431900 | 18500 | SH |  | SOLE |  | 18500 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 1464144 | 11800 | SH |  | SOLE |  | 11800 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 1630602 | 57700 | SH |  | SOLE |  | 57700 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 1570920 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 37349 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 25887 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 30292 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 1719832 | 71600 | SH |  | SOLE |  | 71600 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 96837 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 92430 | 3900 | SH |  | SOLE |  | 3900 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 1316748 | 59100 | SH |  | SOLE |  | 59100 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 17764 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 51226 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 38868 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1629165 | 93900 | SH |  | SOLE |  | 93900 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 17794 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 26232 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 49385 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 23766 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 22739 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 23634 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 22541 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 39738 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 72240 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 20319 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 27490 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 104275 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 112464 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 35228 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 50176 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 17118 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 180400 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| LENNAR CORP | CL B | 526057302 |  | 1074856 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 |  | 1447956 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 1674429 | 15900 | SH |  | SOLE |  | 15900 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 536920 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 60444 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 32526 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 42993 | 20 | SH |  | SOLE |  | 20 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 38076 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 32812 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 28818 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 52630 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 1594588 | 20200 | SH |  | SOLE |  | 20200 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 13942 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 38232 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 295018 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 74963 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 19970 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 1533244 | 58700 | SH |  | SOLE |  | 58700 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 1537797 | 51900 | SH |  | SOLE |  | 51900 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 79344 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 27318 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 22808 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 95544 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 16311 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 18650 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 21706 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 24672 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| OKTA INC | CL A | 679295105 |  | 51882 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1752275 | 21700 | SH |  | SOLE |  | 21700 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 43320 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 36750 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 34940 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 32853 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 20623 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 18420 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 33654 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 64218 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 31242 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 72210 | 2900 | SH |  | SOLE |  | 2900 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 1828766 | 113800 | SH |  | SOLE |  | 113800 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 25808 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 1310034 | 50600 | SH |  | SOLE |  | 50600 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 40952 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 1649527 | 18700 | SH |  | SOLE |  | 18700 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 45544 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1580320 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 34842 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 56210 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 |  | 33505 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 73485 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 34210 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 16882 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 52059 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 64236 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 30875 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1628710 | 60100 | SH |  | SOLE |  | 60100 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 38539 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 30010 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 35610 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 305256 | 7900 | SH |  | SOLE |  | 7900 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 26491 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 35316 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 53732 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 1426923 | 36900 | SH |  | SOLE |  | 36900 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 41352 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 34006 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 49596 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 69936 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 38703 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 16945 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 25352 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 945421 | 32300 | SH |  | SOLE |  | 32300 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 1651914 | 19800 | SH |  | SOLE |  | 19800 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 18450 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 22751 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 40858 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 1534192 | 17600 | SH |  | SOLE |  | 17600 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 198166 | 720 | SH |  | SOLE |  | 720 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 15568 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| TRANSUNION | COM | 89400J107 |  | 25725 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1670746 | 5760 | SH |  | SOLE |  | 5760 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 39175 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 1849120 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 18158 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 32684 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 1543116 | 13800 | SH |  | SOLE |  | 13800 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 32373 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 39613 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 64032 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 32558 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 26788 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 29934 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 38872 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 26843 | 120 | SH |  | SOLE |  | 120 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1523302 | 37400 | SH |  | SOLE |  | 37400 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 16201 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 21345 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 21971 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 22011 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 21478 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 27236 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 38851 | 160 | SH |  | SOLE |  | 160 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 71936 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 37746 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 1846606 | 21400 | SH |  | SOLE |  | 21400 | 0 | 0 |

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