# EDGAR Filing Document

**Accession Number:** 0001483870
**File Stem:** 0001483870-26-000002
**Filing Date:** 2026-5
**Character Count:** 35524
**Document Hash:** 4609db5076bc277e6ff5a055bdcf56bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001483870-26-000002.hdr.sgml**: 20260507

**ACCESSION NUMBER**: 0001483870-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260507

**DATE AS OF CHANGE**: 20260507

**EFFECTIVENESS DATE**: 20260507

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TCTC Holdings, LLC
- **CENTRAL INDEX KEY:** 0001483870

**ORGANIZATION NAME:**
- **EIN:** 800500233
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13830
- **FILM NUMBER:** 26952747

**BUSINESS ADDRESS:**
- **STREET 1:** 3838 OAK LAWN AVENUE
- **STREET 2:** SUITE 1650
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75219
- **BUSINESS PHONE:** 2144680104

**MAIL ADDRESS:**
- **STREET 1:** 3838 OAK LAWN AVENUE
- **STREET 2:** SUITE 1650
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75219

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** TCTC Holdings LLC<br>**Address:** 3838 OAK LAWN AVENUE<br>SUITE 1650<br>DALLAS, TX 75219

**Form 13F File Number:** 028-13830

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:** Sarah Heimbach Wood<br>**Title:** Chief Compliance Officer<br>**Phone:** 214-382-4811

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

/s/ Sarah Heimbach Wood  Dallas, TX  05-07-2026<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:** 2

**Form 13F Information Table Entry Total:** 325

**Form 13F Information Table Value Total:** $3513767524

      (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   |
|:---|:---|:---|
|  | Turtle Creek Management LLC    | 028-12874              |
|  | Turtle Creek Trust Company LTA | 028-13831              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 13588735 | 93567 | SH |  | DFND | 2 | 93567 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 1606679 | 11063 | SH |  | SOLE |  | 11063 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 978958 | 9535 | SH |  | DFND | 2 | 9535 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 8517811 | 82963 | SH |  | SOLE |  | 81713 | 0 | 1250 |
| ABBVIE INC | COM | 00287Y109 |  | 4138400 | 19028 | SH |  | DFND | 2 | 19028 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 24956978 | 114750 | SH |  | SOLE |  | 113528 | 0 | 1222 |
| ADOBE INC | COM | 00724F101 |  | 869011 | 3575 | SH |  | DFND | 2 | 3575 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1733890 | 7133 | SH |  | SOLE |  | 7133 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 272851 | 1989 | SH |  | SOLE |  | 1989 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 80823357 | 736700 | SH |  | DFND | 2 | 736700 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 7964727 | 72598 | SH |  | SOLE |  | 71298 | 0 | 1300 |
| ALCON AG | ORD SHS | H01301128 |  | 5257170 | 69770 | SH |  | DFND | 2 | 69770 | 0 | 0 |
| ALCON AG | ORD SHS | H01301128 |  | 779948 | 10351 | SH |  | SOLE |  | 10331 | 0 | 20 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2272299 | 7902 | SH |  | DFND | 2 | 7902 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 14445958 | 50236 | SH |  | SOLE |  | 48236 | 0 | 2000 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 34752515 | 121148 | SH |  | DFND | 2 | 121148 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 43442652 | 151442 | SH |  | SOLE |  | 150567 | 0 | 875 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 22205635 | 336500 | SH |  | DFND | 2 | 336500 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1371206 | 20779 | SH |  | SOLE |  | 20779 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 5968602 | 28658 | SH |  | DFND | 2 | 28658 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 33971168 | 163111 | SH |  | SOLE |  | 159761 | 0 | 3350 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3970655 | 13127 | SH |  | SOLE |  | 13127 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1799361 | 5114 | SH |  | DFND | 2 | 5114 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 9863411 | 28033 | SH |  | SOLE |  | 26333 | 0 | 1700 |
| ANALOG DEVICES INC | COM | 032654105 |  | 2997515 | 9422 | SH |  | DFND | 2 | 9422 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 14063697 | 44206 | SH |  | SOLE |  | 44206 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 38733600 | 120000 | SH |  | DFND | 2 | 120000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 11020069 | 43422 | SH |  | DFND | 2 | 43422 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 66104935 | 260471 | SH |  | SOLE |  | 254474 | 0 | 5997 |
| APPLIED MATLS INC | COM | 038222105 |  | 357854 | 1047 | SH |  | SOLE |  | 1047 | 0 | 0 |
| ARCOSA INC | COM | 039653100 |  | 13511032 | 127294 | SH |  | DFND | 2 | 127294 | 0 | 0 |
| ARCOSA INC | COM | 039653100 |  | 5865662 | 55263 | SH |  | SOLE |  | 55263 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 342380 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 2016907 | 1527 | SH |  | DFND | 2 | 1527 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 1556446 | 53689 | SH |  | SOLE |  | 52162 | 0 | 1527 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 1754840 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3004829 | 14789 | SH |  | DFND | 2 | 14789 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 7402863 | 36435 | SH |  | SOLE |  | 35735 | 0 | 700 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 257570 | 4219 | SH |  | SOLE |  | 4219 | 0 | 0 |
| BANCO BILBAO VIZCAYA ARGENTA | SPONSORED ADR | 05946K101 |  | 717293 | 33116 | SH |  | DFND | 2 | 33116 | 0 | 0 |
| BANCORP INC DEL | COM | 05969A105 |  | 268650 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 38889435 | 797732 | SH |  | DFND | 2 | 797732 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 13630500 | 279600 | SH |  | SOLE |  | 273250 | 0 | 6350 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 206129 | 1311 | SH |  | SOLE |  | 23 | 0 | 1288 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 70490799 | 147101 | SH |  | DFND | 2 | 147101 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 41690400 | 87000 | SH |  | SOLE |  | 84650 | 0 | 2350 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 718140 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 1189635 | 1237 | SH |  | SOLE |  | 1237 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 12384423 | 107700 | SH |  | DFND | 2 | 107700 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 6846620 | 59541 | SH |  | SOLE |  | 57941 | 0 | 1600 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 120134 | 10862 | SH |  | SOLE |  | 10862 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 3283398 | 16497 | SH |  | SOLE |  | 16497 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 220900 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 19148115 | 315715 | SH |  | DFND | 2 | 315715 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 4398520 | 72523 | SH |  | SOLE |  | 69419 | 0 | 3104 |
| BROADCOM INC | COM | 11135F101 |  | 652138 | 2107 | SH |  | SOLE |  | 2107 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 909401 | 5597 | SH |  | SOLE |  | 5597 | 0 | 0 |
| BURKE HERBERT FINL SVCS CORP | COM | 12135Y108 |  | 392614 | 6303 | SH |  | SOLE |  | 0 | 0 | 6303 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 255281 | 2484 | SH |  | DFND | 2 | 2484 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3912576 | 21447 | SH |  | SOLE |  | 21447 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 299851 | 5325 | SH |  | SOLE |  | 5325 | 0 | 0 |
| CARTERS INC | COM | 146229109 |  | 521881 | 14594 | SH |  | SOLE |  | 14594 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 15920885 | 117532 | SH |  | SOLE |  | 117532 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 290003 | 1022 | SH |  | DFND | 2 | 1022 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 234670 | 827 | SH |  | SOLE |  | 827 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 2122587 | 10259 | SH |  | DFND | 2 | 10259 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 8119584 | 39244 | SH |  | SOLE |  | 38944 | 0 | 300 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 64143350 | 196801 | SH |  | DFND | 2 | 196801 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 14322015 | 43942 | SH |  | SOLE |  | 43701 | 0 | 240 |
| CISCO SYS INC | COM | 17275R102 |  | 3922485 | 50554 | SH |  | DFND | 2 | 50554 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 23788263 | 306589 | SH |  | SOLE |  | 298489 | 0 | 8100 |
| CITIGROUP INC | COM NEW | 172967424 |  | 372779 | 3287 | SH |  | SOLE |  | 3287 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2058902 | 27073 | SH |  | DFND | 2 | 27073 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 5089989 | 66930 | SH |  | SOLE |  | 66929 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1813694 | 21280 | SH |  | SOLE |  | 21280 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 10461637 | 364390 | SH |  | DFND | 2 | 364390 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 3838757 | 133708 | SH |  | SOLE |  | 132708 | 0 | 1000 |
| COMSTOCK RES INC | COM | 205768302 |  | 624369 | 29619 | SH |  | DFND | 2 | 29619 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 22070400 | 167200 | SH |  | DFND | 2 | 167200 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 9041033 | 68493 | SH |  | SOLE |  | 65692 | 0 | 2800 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 3094912 | 3106 | SH |  | DFND | 2 | 3106 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 2087521 | 2095 | SH |  | SOLE |  | 2095 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 604419 | 1782 | SH |  | DFND | 2 | 1782 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 479728 | 1841 | SH |  | SOLE |  | 1841 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 22542806 | 164450 | SH |  | DFND | 2 | 164450 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 7599304 | 55437 | SH |  | SOLE |  | 52177 | 0 | 3260 |
| CVS HEALTH CORP | COM | 126650100 |  | 22648365 | 315349 | SH |  | DFND | 2 | 315349 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 3898246 | 54278 | SH |  | SOLE |  | 53678 | 0 | 600 |
| DANAHER CORP DEL | COM | 235851102 |  | 642339 | 3388 | SH |  | SOLE |  | 3387 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 418068 | 2205 | SH |  | DFND | 2 | 2205 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 261714 | 5201 | SH |  | SOLE |  | 5150 | 0 | 51 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 640344 | 8601 | SH |  | DFND | 2 | 8601 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 1530320 | 20555 | SH |  | SOLE |  | 20055 | 0 | 500 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 154200 | 10000 | SH |  | DFND | 2 | 10000 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 3653663 | 236943 | SH |  | SOLE |  | 236943 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 4940937 | 51265 | SH |  | SOLE |  | 48265 | 0 | 3000 |
| DISNEY WALT CO | COM | 254687106 |  | 459443 | 4767 | SH |  | DFND | 2 | 4767 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 480836 | 7778 | SH |  | SOLE |  | 6778 | 0 | 1000 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 370920 | 6000 | SH |  | DFND | 2 | 6000 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 729575 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 200076 | 1528 | SH |  | SOLE |  | 1528 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 308669 | 863 | SH |  | SOLE |  | 863 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 919211 | 10099 | SH |  | DFND | 2 | 10099 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 5717967 | 62821 | SH |  | SOLE |  | 62821 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 7029730 | 7643 | SH |  | SOLE |  | 7492 | 0 | 150 |
| ELI LILLY  CO | COM | 532457108 |  | 1361260 | 1480 | SH |  | DFND | 2 | 1480 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1157038 | 8831 | SH |  | DFND | 2 | 8831 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 12530622 | 95639 | SH |  | SOLE |  | 92339 | 0 | 3300 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 749766 | 38848 | SH |  | SOLE |  | 38848 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 440676 | 3922 | SH |  | SOLE |  | 3922 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 19872480 | 60800 | SH |  | DFND | 2 | 60800 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1523207 | 8978 | SH |  | DFND | 2 | 8978 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 9593255 | 56544 | SH |  | SOLE |  | 51773 | 0 | 4771 |
| FEDEX CORP | COM | 31428X106 |  | 985550 | 2767 | SH |  | SOLE |  | 2767 | 0 | 0 |
| FIDELITY COVINGTON TRUST | ENHANCED INTL | 31609A404 |  | 854810 | 22979 | SH |  | SOLE |  | 22978 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 1002428 | 9026 | SH |  | DFND | 2 | 9026 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 32123270 | 546500 | SH |  | DFND | 2 | 546500 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 12139596 | 206526 | SH |  | SOLE |  | 201225 | 0 | 5300 |
| GE AEROSPACE | COM NEW | 369604301 |  | 13857624 | 48834 | SH |  | DFND | 2 | 48834 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 3191618 | 11247 | SH |  | SOLE |  | 11097 | 0 | 150 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 239378 | 3363 | SH |  | SOLE |  | 3313 | 0 | 50 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 1156533 | 16248 | SH |  | DFND | 2 | 16248 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 2548871 | 2920 | SH |  | SOLE |  | 2884 | 0 | 36 |
| GE VERNOVA INC | COM | 36828A101 |  | 10637159 | 12186 | SH |  | DFND | 2 | 12186 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2528845 | 7368 | SH |  | SOLE |  | 7368 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 756457 | 2204 | SH |  | DFND | 2 | 2204 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 222075 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 350237 | 2513 | SH |  | SOLE |  | 2513 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1687750 | 1995 | SH |  | SOLE |  | 1995 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 237387 | 2804 | SH |  | SOLE |  | 2804 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 757918649 | 12148079 | SH |  | DFND | 2 | 12148079 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 11429786 | 183199 | SH |  | SOLE |  | 183199 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 218938 | 720 | SH |  | SOLE |  | 720 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1444004 | 4391 | SH |  | SOLE |  | 4390 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 270348 | 822 | SH |  | DFND | 2 | 822 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 17210700 | 390000 | SH |  | DFND | 2 | 390000 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 3981585 | 90224 | SH |  | SOLE |  | 90224 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 1160412 | 7378 | SH |  | SOLE |  | 7378 | 0 | 0 |
| INTERNATIONAL BANCSHARES COR | COM | 459044103 |  | 218154 | 3242 | SH |  | SOLE |  | 1452 | 0 | 1790 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 80478840 | 332022 | SH |  | DFND | 2 | 332022 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 5226171 | 21561 | SH |  | SOLE |  | 21136 | 0 | 425 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP VALUE | 46137V738 |  | 456391 | 6547 | SH |  | SOLE |  | 6547 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 232223 | 1210 | SH |  | SOLE |  | 1210 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1431406 | 2480 | SH |  | SOLE |  | 2480 | 0 | 0 |
| ISHARES INC | MSCI PAC JP ETF | 464286665 |  | 860868 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 831289 | 15816 | SH |  | DFND | 2 | 15816 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 12770293 | 242966 | SH |  | SOLE |  | 237286 | 0 | 5680 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 300959 | 5655 | SH |  | SOLE |  | 5655 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 6087264 | 9319 | SH |  | SOLE |  | 8529 | 0 | 790 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 2245845 | 33257 | SH |  | DFND | 2 | 33257 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 5275781 | 78125 | SH |  | SOLE |  | 74288 | 0 | 3837 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 4827082 | 38831 | SH |  | DFND | 2 | 38831 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 6338940 | 50993 | SH |  | SOLE |  | 49057 | 0 | 1936 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 883972 | 5699 | SH |  | SOLE |  | 5699 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3528442 | 36327 | SH |  | DFND | 2 | 36327 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 11405292 | 117423 | SH |  | SOLE |  | 114340 | 0 | 3082 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 4408835 | 77634 | SH |  | DFND | 2 | 77634 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 7030034 | 123790 | SH |  | SOLE |  | 121282 | 0 | 2508 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 1059316 | 4414 | SH |  | DFND | 2 | 4414 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 1062244 | 5538 | SH |  | DFND | 2 | 5538 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 2687773 | 88647 | SH |  | SOLE |  | 88646 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 31082336 | 125332 | SH |  | DFND | 2 | 125332 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 18258585 | 73623 | SH |  | SOLE |  | 73023 | 0 | 600 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 298415 | 1574 | SH |  | SOLE |  | 1574 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 340235 | 3008 | SH |  | SOLE |  | 3008 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 872870 | 7717 | SH |  | DFND | 2 | 7717 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 1328767 | 6293 | SH |  | DFND | 2 | 6293 | 0 | 0 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 506485 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4378165 | 17911 | SH |  | DFND | 2 | 17911 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 9921862 | 40590 | SH |  | SOLE |  | 39810 | 0 | 780 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 92900729 | 315817 | SH |  | DFND | 2 | 315817 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 21253580 | 72252 | SH |  | SOLE |  | 70501 | 0 | 1750 |
| KAYNE ANDERSON BDC INC | COM SHS | 48662X105 |  | 163570 | 11922 | SH |  | DFND | 2 | 11922 | 0 | 0 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 267750 | 18750 | SH |  | DFND | 2 | 18750 | 0 | 0 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 523362 | 36650 | SH |  | SOLE |  | 34650 | 0 | 2000 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 262013 | 2716 | SH |  | SOLE |  | 2716 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 272834 | 8137 | SH |  | SOLE |  | 8137 | 0 | 0 |
| KITE REALTY GROUP TRUST | COM NEW | 49803T300 |  | 814937 | 33195 | SH |  | DFND | 2 | 33195 | 0 | 0 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 939051 | 71574 | SH |  | DFND | 2 | 71574 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 11665720 | 216513 | SH |  | SOLE |  | 213813 | 0 | 2700 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 13002645 | 241326 | SH |  | DFND | 2 | 241326 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 53300645 | 107513 | SH |  | DFND | 2 | 107513 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 10793687 | 21772 | SH |  | SOLE |  | 21772 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1140484 | 1887 | SH |  | SOLE |  | 1887 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 10920153 | 46217 | SH |  | DFND | 2 | 46217 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 16825735 | 71211 | SH |  | SOLE |  | 67861 | 0 | 3350 |
| MACERICH CO | COM | 554382101 |  | 318975 | 16877 | SH |  | DFND | 2 | 16877 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 6831363 | 128991 | SH |  | SOLE |  | 128991 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 663280 | 19259 | SH |  | DFND | 2 | 19259 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1209912 | 4955 | SH |  | DFND | 2 | 4955 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 20313090 | 83189 | SH |  | SOLE |  | 81709 | 0 | 1480 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1256992 | 7247 | SH |  | SOLE |  | 7247 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 319961 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1512304 | 4866 | SH |  | SOLE |  | 4866 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 315763 | 1016 | SH |  | DFND | 2 | 1016 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 3405605 | 39303 | SH |  | SOLE |  | 38103 | 0 | 1200 |
| MERCK  CO INC | COM | 58933Y105 |  | 15757629 | 130997 | SH |  | DFND | 2 | 130997 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 9076954 | 75459 | SH |  | SOLE |  | 69345 | 0 | 6113 |
| META PLATFORMS INC | CL A | 30303M102 |  | 636209 | 1112 | SH |  | SOLE |  | 1112 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 89736982 | 242421 | SH |  | DFND | 2 | 242421 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 36142288 | 97637 | SH |  | SOLE |  | 95937 | 0 | 1700 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 10741502 | 186355 | SH |  | DFND | 2 | 186355 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 997806 | 17311 | SH |  | SOLE |  | 16792 | 0 | 519 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3581372 | 21762 | SH |  | SOLE |  | 21762 | 0 | 0 |
| NETEASE COM INC | SPONSORED ADS | 64110W102 |  | 406790 | 3634 | SH |  | DFND | 2 | 3634 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 305757 | 3180 | SH |  | SOLE |  | 3180 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 18106581 | 194946 | SH |  | SOLE |  | 189195 | 0 | 5750 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 14375502 | 154775 | SH |  | DFND | 2 | 154775 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 490440 | 61000 | SH |  | SOLE |  | 61000 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 49659636 | 325104 | SH |  | DFND | 2 | 325104 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 10503090 | 68760 | SH |  | SOLE |  | 67060 | 0 | 1700 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 10715485 | 61442 | SH |  | DFND | 2 | 61442 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 12976058 | 74404 | SH |  | SOLE |  | 73254 | 0 | 1150 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 22311120 | 343248 | SH |  | DFND | 2 | 343248 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 2176980 | 33492 | SH |  | SOLE |  | 33492 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 12680739 | 317813 | SH |  | SOLE |  | 316313 | 0 | 1500 |
| OLD REP INTL CORP | COM | 680223104 |  | 26390977 | 661428 | SH |  | DFND | 2 | 661428 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 5562339 | 61537 | SH |  | SOLE |  | 61537 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 363950 | 2474 | SH |  | SOLE |  | 2364 | 0 | 110 |
| ORACLE CORP | COM | 68389X105 |  | 376602 | 2560 | SH |  | DFND | 2 | 2560 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 236019 | 3062 | SH |  | SOLE |  | 3062 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 236632 | 1476 | SH |  | SOLE |  | 1476 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 749687 | 16575 | SH |  | DFND | 2 | 16575 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 3296996 | 72894 | SH |  | SOLE |  | 70794 | 0 | 2100 |
| PEPSICO INC | COM | 713448108 |  | 23709988 | 152682 | SH |  | DFND | 2 | 152682 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 7190679 | 46305 | SH |  | SOLE |  | 44507 | 0 | 1797 |
| PFIZER INC | COM | 717081103 |  | 6248184 | 222514 | SH |  | SOLE |  | 217113 | 0 | 5400 |
| PFIZER INC | COM | 717081103 |  | 28388768 | 1010996 | SH |  | DFND | 2 | 1010996 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 25780474 | 155924 | SH |  | DFND | 2 | 155924 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 3016628 | 18245 | SH |  | SOLE |  | 17845 | 0 | 400 |
| PHILLIPS 66 | COM | 718546104 |  | 24724194 | 135713 | SH |  | DFND | 2 | 135713 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 12172357 | 66815 | SH |  | SOLE |  | 65855 | 0 | 960 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 7610520 | 84430 | SH |  | SOLE |  | 81130 | 0 | 3300 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 1428367 | 9889 | SH |  | DFND | 2 | 9889 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 8109728 | 56146 | SH |  | SOLE |  | 56111 | 0 | 35 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1147215 | 5787 | SH |  | SOLE |  | 5787 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 658157 | 3320 | SH |  | DFND | 2 | 3320 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1022280 | 7734 | SH |  | SOLE |  | 7734 | 0 | 0 |
| PUTNAM MANAGED MUN INCOME TR | COM | 746823103 |  | 61623 | 10020 | SH |  | SOLE |  | 10020 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 13150916 | 102119 | SH |  | SOLE |  | 100119 | 0 | 2000 |
| QUALCOMM INC | COM | 747525103 |  | 21093778 | 163797 | SH |  | DFND | 2 | 163797 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 44584500 | 150000 | SH |  | DFND | 2 | 150000 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 878978 | 9422 | SH |  | DFND | 2 | 9422 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 15371622 | 79687 | SH |  | SOLE |  | 79029 | 0 | 658 |
| RTX CORPORATION | COM | 75513E101 |  | 6790080 | 35200 | SH |  | DFND | 2 | 35200 | 0 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 345239 | 5973 | SH |  | DFND | 2 | 5973 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 15308993 | 82011 | SH |  | DFND | 2 | 82011 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 7762244 | 41583 | SH |  | SOLE |  | 40300 | 0 | 1282 |
| SAP SE | SPON ADR | 803054204 |  | 609679 | 3561 | SH |  | DFND | 2 | 3561 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 12717186 | 135318 | SH |  | DFND | 2 | 135318 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 4087853 | 43497 | SH |  | SOLE |  | 42497 | 0 | 1000 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 747985 | 12210 | SH |  | SOLE |  | 12210 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 3196905 | 64754 | SH |  | SOLE |  | 63454 | 0 | 1300 |
| SERVICENOW INC | COM | 81762P102 |  | 350243 | 3350 | SH |  | SOLE |  | 3350 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 1194306 | 12842 | SH |  | DFND | 2 | 12842 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 942369 | 10133 | SH |  | SOLE |  | 9633 | 0 | 500 |
| SLB LIMITED | COM STK | 806857108 |  | 1259723 | 24513 | SH |  | SOLE |  | 23663 | 0 | 850 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 316052 | 4840 | SH |  | SOLE |  | 4840 | 0 | 0 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 1522600 | 23317 | SH |  | DFND | 2 | 23317 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 308421 | 5702 | SH |  | SOLE |  | 5702 | 0 | 0 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 555029 | 26813 | SH |  | DFND | 2 | 26813 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 7836941 | 81195 | SH |  | SOLE |  | 79495 | 0 | 1700 |
| SOUTHERN CO | COM | 842587107 |  | 1923933 | 19933 | SH |  | DFND | 2 | 19933 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4130784 | 9600 | SH |  | DFND | 2 | 9600 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 5493512 | 12767 | SH |  | SOLE |  | 12167 | 0 | 600 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 233279 | 4123 | SH |  | SOLE |  | 4123 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 255843 | 2003 | SH |  | SOLE |  | 2003 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 350110 | 2399 | SH |  | SOLE |  | 2399 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A755 |  | 831137 | 7695 | SH |  | DFND | 2 | 7695 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 813836 | 9084 | SH |  | SOLE |  | 9084 | 0 | 0 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 546564 | 1180 | SH |  | DFND | 2 | 1180 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 14938960 | 22971 | SH |  | DFND | 2 | 22971 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 6519906 | 10025 | SH |  | SOLE |  | 9171 | 0 | 854 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 455169 | 738 | SH |  | SOLE |  | 738 | 0 | 0 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 856680 | 1389 | SH |  | DFND | 2 | 1389 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 1987970 | 6050 | SH |  | DFND | 2 | 6050 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 4961380 | 15099 | SH |  | SOLE |  | 13549 | 0 | 1550 |
| SYSCO CORP | COM | 871829107 |  | 1323243 | 18551 | SH |  | SOLE |  | 17851 | 0 | 700 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 305845 | 905 | SH |  | SOLE |  | 645 | 0 | 260 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 2046963 | 6057 | SH |  | DFND | 2 | 6057 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 945437 | 6700 | SH |  | SOLE |  | 6700 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 211665 | 1500 | SH |  | DFND | 2 | 1500 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 810610 | 3233 | SH |  | SOLE |  | 3233 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 3609094 | 29778 | SH |  | SOLE |  | 29378 | 0 | 400 |
| TARGET CORP | COM | 87612E106 |  | 366266 | 3022 | SH |  | DFND | 2 | 3022 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 254277 | 684 | SH |  | SOLE |  | 684 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 6987099 | 35990 | SH |  | SOLE |  | 35720 | 0 | 270 |
| TEXAS INSTRS INC | COM | 882508104 |  | 7052330 | 36326 | SH |  | DFND | 2 | 36326 | 0 | 0 |
| TRINITY INDS INC | COM | 896522109 |  | 3583179 | 111348 | SH |  | SOLE |  | 109948 | 0 | 1400 |
| TRINITY INDS INC | COM | 896522109 |  | 12078763 | 375350 | SH |  | DFND | 2 | 375350 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 17400802 | 241913 | SH |  | SOLE |  | 237213 | 0 | 4700 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 44656014 | 620826 | SH |  | DFND | 2 | 620826 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 897209 | 3698 | SH |  | DFND | 2 | 3698 | 0 | 0 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 4237030 | 43068 | SH |  | SOLE |  | 41968 | 0 | 1100 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 275366 | 2799 | SH |  | DFND | 2 | 2799 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 6599420 | 24389 | SH |  | SOLE |  | 23614 | 0 | 775 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 17290701 | 63900 | SH |  | DFND | 2 | 63900 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 1208972 | 23245 | SH |  | DFND | 2 | 23245 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 527849 | 10149 | SH |  | SOLE |  | 10149 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 576685 | 2334 | SH |  | SOLE |  | 2334 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 3744470 | 47755 | SH |  | SOLE |  | 47755 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 551539 | 923 | SH |  | SOLE |  | 923 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 729185 | 2784 | SH |  | SOLE |  | 2784 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 270307 | 1378 | SH |  | SOLE |  | 1377 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 263301 | 3506 | SH |  | SOLE |  | 3506 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 622440 | 4500 | SH |  | DFND | 2 | 4500 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 259524 | 4050 | SH |  | SOLE |  | 4050 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1253661 | 19564 | SH |  | DFND | 2 | 19564 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 7162787 | 142685 | SH |  | SOLE |  | 141135 | 0 | 1550 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 11179540 | 222700 | SH |  | DFND | 2 | 222700 | 0 | 0 |
| VERSANT MEDIA GROUP INC | COM CL A | 925283103 |  | 541566 | 14629 | SH |  | DFND | 2 | 14629 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 161329 | 11941 | SH |  | SOLE |  | 11941 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 9757214 | 32283 | SH |  | SOLE |  | 31311 | 0 | 972 |
| VISA INC | COM CL A | 92826C839 |  | 1596432 | 5282 | SH |  | DFND | 2 | 5282 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 24938146 | 200661 | SH |  | SOLE |  | 199355 | 0 | 1305 |
| WALMART INC | COM | 931142103 |  | 7628058 | 61378 | SH |  | DFND | 2 | 61378 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 16559816 | 72065 | SH |  | SOLE |  | 70765 | 0 | 1300 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 88563364 | 385410 | SH |  | DFND | 2 | 385410 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 605566 | 7607 | SH |  | SOLE |  | 7606 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 109998 | 12600 | SH |  | SOLE |  | 11600 | 0 | 1000 |
| WILLIAMS COS INC | COM | 969457100 |  | 22991348 | 315902 | SH |  | SOLE |  | 311202 | 0 | 4700 |
| WILLIAMS COS INC | COM | 969457100 |  | 41520990 | 570500 | SH |  | DFND | 2 | 570500 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 1036270 | 950 | SH |  | DFND | 2 | 950 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 4010629 | 33928 | SH |  | SOLE |  | 32228 | 0 | 1700 |
| ZOETIS INC | CL A | 98978V103 |  | 823924 | 6970 | SH |  | DFND | 2 | 6970 | 0 | 0 |

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