# EDGAR Filing Document

**Accession Number:** 0001039765
**File Stem:** 0001140361-26-004715
**Filing Date:** 2026-2
**Character Count:** 57420
**Document Hash:** 3e66cc1739bfa8fe35fb811a50575c5e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-004715.hdr.sgml**: 20260211

**ACCESSION NUMBER**: 0001140361-26-004715

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260211

**DATE AS OF CHANGE**: 20260211

**EFFECTIVENESS DATE**: 20260211

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ING GROEP NV
- **CENTRAL INDEX KEY:** 0001039765
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** P7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13263
- **FILM NUMBER:** 26618902

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 1800
- **CITY:** AMSTERDAM
- **STATE:** P7
- **ZIP:** 1000 BV
- **BUSINESS PHONE:** 01131205639111

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 1800
- **CITY:** AMSTERDAM
- **STATE:** P7
- **ZIP:** 1000 BV

### 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:** ING GROEP NV<br>**Address:** PO BOX 1800<br>AMSTERDAM, P7 1000 BV

**Form 13F File Number:** 028-13263

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:** J.A.M. Emke-Petrelluzzi Bojanic<br>**Title:** Sr. Compliance Officer<br>**Phone:** 31-20-576 6541

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

/s/ J.A.M. Emke-Petrelluzzi Bojanic  AMSTERDAM, P7  02-11-2026<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:** 553

**Form 13F Information Table Value Total:** $16579453721

      (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 |
| 1 800 FLOWERS COM INC | CL A | 68243Q106 |  | 3930000 | 1000000 | SH |  | DFND |  | 1000000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 19852080 | 123998 | SH |  | DFND |  | 123998 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 74602803 | 595441 | SH |  | DFND |  | 595441 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 180743587 | 791035 | SH |  | DFND |  | 791035 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 99669962 | 371487 | SH |  | DFND |  | 371487 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 73921388 | 211210 | SH |  | DFND |  | 211210 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 125648743 | 586705 | SH |  | DFND |  | 586705 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 1868468 | 19600 | SH |  | DFND |  | 19600 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 2400909 | 21773 | SH |  | DFND |  | 21773 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 2267198 | 16662 | SH |  | DFND |  | 16662 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 1380945 | 21500 | SH |  | DFND |  | 21500 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 14254943 | 105032 | SH |  | DFND |  | 105032 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 496627 | 5692 | SH |  | DFND |  | 5692 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 298632 | 6102 | SH |  | DFND |  | 6102 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 865115 | 5902 | SH |  | DFND |  | 5902 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 5344078 | 34224 | SH |  | DFND |  | 34224 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 12995218 | 81618 | SH |  | DFND |  | 81618 | 0 | 0 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 15517640 | 668000 | SH |  | DFND |  | 668000 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2514244 | 12079 | SH |  | DFND |  | 12079 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 971857 | 2444 | SH |  | DFND |  | 2444 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 326279512 | 1039769 | SH |  | DFND |  | 1039769 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 386093638 | 1233526 | SH |  | DFND |  | 1233526 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 12514757 | 217044 | SH |  | DFND |  | 217044 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 67865927 | 294021 | SH |  | DFND |  | 294021 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 416083 | 9978 | SH |  | DFND |  | 9978 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 50813368 | 1360465 | SH |  | DFND |  | 1360465 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 9441583 | 81880 | SH |  | DFND |  | 81880 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 10782563 | 29146 | SH |  | DFND |  | 29146 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 2130623 | 24905 | SH |  | DFND |  | 24905 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 10622161 | 60501 | SH |  | DFND |  | 60501 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 2103068 | 4289 | SH |  | DFND |  | 4289 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 6108178 | 29751 | SH |  | DFND |  | 29751 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 978002 | 2988 | SH |  | DFND |  | 2988 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 63358767 | 468838 | SH |  | DFND |  | 468838 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 60358001 | 222559 | SH |  | DFND |  | 222559 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 2250238 | 65300 | SH |  | DFND |  | 65300 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 1478534 | 60447 | SH |  | DFND |  | 60447 | 0 | 0 |
| APELLIS PHARMACEUTICALS INC | COM | 03753U106 |  | 3491680 | 139000 | SH |  | DFND |  | 139000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1178177625 | 4333766 | SH |  | DFND |  | 4333766 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 4596183 | 17900 | SH |  | DFND |  | 17900 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 20746803 | 80730 | SH |  | DFND |  | 80730 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 854404 | 1268 | SH |  | DFND |  | 1268 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 463448 | 3800 | SH |  | DFND |  | 3800 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1598795 | 16668 | SH |  | DFND |  | 16668 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 3570531 | 62107 | SH |  | DFND |  | 62107 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 1536940 | 9509 | SH |  | DFND |  | 9509 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 33924977 | 258910 | SH |  | DFND |  | 258910 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 7987980 | 41800 | SH |  | DFND |  | 41800 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 9973900 | 170000 | SH |  | DFND |  | 170000 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 2230658 | 2085 | SH |  | DFND |  | 2085 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 556604 | 2311 | SH |  | DFND |  | 2311 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 363032 | 3949 | SH |  | DFND |  | 3949 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 50929700 | 2050310 | SH |  | DFND |  | 2050310 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 22412628 | 195300 | SH |  | DFND |  | 195300 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 8898567 | 54882 | SH |  | DFND |  | 54882 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 1683843 | 10045 | SH |  | DFND |  | 10045 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 8812810 | 29772 | SH |  | DFND |  | 29772 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 16770624 | 65197 | SH |  | DFND |  | 65197 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 8309175 | 2450 | SH |  | DFND |  | 2450 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 4836007 | 26589 | SH |  | DFND |  | 26589 | 0 | 0 |
| AVIS BUDGET GROUP | COM | 053774105 |  | 132811200 | 1035000 | SH |  | DFND |  | 1035000 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 5298840 | 164000 | SH |  | DFND |  | 164000 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 607685 | 1070 | SH |  | DFND |  | 1070 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 404623 | 8885 | SH |  | DFND |  | 8885 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 240113 | 4533 | SH |  | DFND |  | 4533 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 317163770 | 5766614 | SH |  | DFND |  | 5766614 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 842117 | 7254 | SH |  | DFND |  | 7254 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 9931665 | 228052 | SH |  | DFND |  | 228052 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 34750000 | 5000000 | SH |  | DFND |  | 5000000 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 4335912 | 22342 | SH |  | DFND |  | 22342 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 19978002 | 747400 | SH |  | DFND |  | 747400 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5752327 | 11444 | SH |  | DFND |  | 11444 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 252370 | 1434 | SH |  | DFND |  | 1434 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 9683094 | 728600 | SH |  | DFND |  | 728600 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 5253862 | 34085 | SH |  | DFND |  | 34085 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 1645410 | 25279 | SH |  | DFND |  | 25279 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 167703488 | 772400 | SH |  | DFND |  | 772400 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 80779798 | 15084 | SH |  | DFND |  | 15084 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 2682648 | 31800 | SH |  | DFND |  | 31800 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 1658208 | 36800 | SH |  | DFND |  | 36800 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 13942458 | 146224 | SH |  | DFND |  | 146224 | 0 | 0 |
| BOYD GAMING CORP | COM | 103304101 |  | 1576940 | 18500 | SH |  | DFND |  | 18500 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 983580 | 9700 | SH |  | DFND |  | 9700 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 17529259 | 324977 | SH |  | DFND |  | 324977 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 10194336 | 388800 | SH |  | DFND |  | 388800 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 780242649 | 2254385 | SH |  | DFND |  | 2254385 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 11690760 | 52385 | SH |  | DFND |  | 52385 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 1080094 | 13552 | SH |  | DFND |  | 13552 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 1367777 | 13291 | SH |  | DFND |  | 13291 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 7793787 | 87492 | SH |  | DFND |  | 87492 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 322485 | 2006 | SH |  | DFND |  | 2006 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 28650145 | 91657 | SH |  | DFND |  | 91657 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 7812260 | 334000 | SH |  | DFND |  | 334000 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 1513600 | 13750 | SH |  | DFND |  | 13750 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 7111569 | 29343 | SH |  | DFND |  | 29343 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 585600 | 24000 | SH |  | DFND |  | 24000 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 88407333 | 430206 | SH |  | DFND |  | 430206 | 0 | 0 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 15512060 | 507926 | SH |  | DFND |  | 507926 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 8465655 | 160213 | SH |  | DFND |  | 160213 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 38062056 | 66441 | SH |  | DFND |  | 66441 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 1212330 | 4830 | SH |  | DFND |  | 4830 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 23955137 | 148984 | SH |  | DFND |  | 148984 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 207296 | 1522 | SH |  | DFND |  | 1522 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 4498592 | 106400 | SH |  | DFND |  | 106400 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 66434074 | 196696 | SH |  | DFND |  | 196696 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1559020 | 20158 | SH |  | DFND |  | 20158 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 1268693 | 6360 | SH |  | DFND |  | 6360 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 4258709 | 20401 | SH |  | DFND |  | 20401 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 727362 | 1700 | SH |  | DFND |  | 1700 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 18254908 | 119775 | SH |  | DFND |  | 119775 | 0 | 0 |
| CHEWY INC | CL A | 16679L109 |  | 5882900 | 178000 | SH |  | DFND |  | 178000 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 6925105 | 187165 | SH |  | DFND |  | 187165 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 5272955 | 16894 | SH |  | DFND |  | 16894 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 2610083 | 31128 | SH |  | DFND |  | 31128 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 1176067 | 7201 | SH |  | DFND |  | 7201 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 68253048 | 362913 | SH |  | DFND |  | 362913 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 6233100 | 52600 | SH |  | DFND |  | 52600 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 121188526 | 1573264 | SH |  | DFND |  | 1573264 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 9637310 | 82589 | SH |  | DFND |  | 82589 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 1171646 | 20059 | SH |  | DFND |  | 20059 | 0 | 0 |
| CLEARWAY ENERGY INC | CL A | 18539C105 |  | 1043144 | 33200 | SH |  | DFND |  | 33200 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 4767977 | 17460 | SH |  | DFND |  | 17460 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 88351590 | 1263429 | SH |  | DFND |  | 1263429 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 61988568 | 886691 | SH |  | DFND |  | 886691 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 10286430 | 67100 | SH |  | DFND |  | 67100 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 989084 | 10905 | SH |  | DFND |  | 10905 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 143801069 | 1732543 | SH |  | DFND |  | 1732543 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 55608910 | 1860452 | SH |  | DFND |  | 1860452 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 4244603 | 4548 | SH |  | DFND |  | 4548 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 15058011 | 160859 | SH |  | DFND |  | 160859 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 3149338 | 31709 | SH |  | DFND |  | 31709 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 13881038 | 39293 | SH |  | DFND |  | 39293 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 223177 | 2723 | SH |  | DFND |  | 2723 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 4192456 | 107087 | SH |  | DFND |  | 107087 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 16989179 | 194029 | SH |  | DFND |  | 194029 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 5615773 | 83780 | SH |  | DFND |  | 83780 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 4360111 | 64844 | SH |  | DFND |  | 64844 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 45460840 | 52718 | SH |  | DFND |  | 52718 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 3426417 | 130183 | SH |  | DFND |  | 130183 | 0 | 0 |
| COTY INC | COM CL A | 222070203 |  | 899668 | 292100 | SH |  | DFND |  | 292100 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 5164040 | 28000 | SH |  | DFND |  | 28000 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 22234867 | 178164 | SH |  | DFND |  | 178164 | 0 | 0 |
| CROSSAMERICA PARTNERS LP | UT LTD PTN INT | 22758A105 |  | 350200 | 17000 | SH |  | DFND |  | 17000 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 31731302 | 67692 | SH |  | DFND |  | 67692 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 39216465 | 441279 | SH |  | DFND |  | 441279 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 8893068 | 245326 | SH |  | DFND |  | 245326 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 9616368 | 18839 | SH |  | DFND |  | 18839 | 0 | 0 |
| CVR PARTNERS LP | COM | 126633205 |  | 5135250 | 50100 | SH |  | DFND |  | 50100 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 30709780 | 386968 | SH |  | DFND |  | 386968 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 38825748 | 169604 | SH |  | DFND |  | 169604 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 9188487 | 49932 | SH |  | DFND |  | 49932 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 5102209 | 37519 | SH |  | DFND |  | 37519 | 0 | 0 |
| DAVE  BUSTERS ENTMT INC | COM | 238337109 |  | 7310710 | 451000 | SH |  | DFND |  | 451000 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 1513399 | 13321 | SH |  | DFND |  | 13321 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 |  | 42926367 | 620682 | SH |  | DFND |  | 620682 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 1952624 | 18835 | SH |  | DFND |  | 18835 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 39941716 | 85791 | SH |  | DFND |  | 85791 | 0 | 0 |
| DESTINATION XL GROUP INC | COM | 25065K104 |  | 275850 | 300000 | SH |  | DFND |  | 300000 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 6779077 | 185069 | SH |  | DFND |  | 185069 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 44712938 | 673692 | SH |  | DFND |  | 673692 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 5955173 | 39614 | SH |  | DFND |  | 39614 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 55337956 | 486402 | SH |  | DFND |  | 486402 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 970000 | 200000 | SH |  | DFND |  | 200000 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 21354536 | 173600 | SH |  | DFND |  | 173600 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 713638 | 3151 | SH |  | DFND |  | 3151 | 0 | 0 |
| DORCHESTER MINERALS LP | COM UNIT | 25820R105 |  | 2940340 | 131500 | SH |  | DFND |  | 131500 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 952952 | 83300 | SH |  | DFND |  | 83300 | 0 | 0 |
| DROPBOX INC | CL A | 26210C104 |  | 1223200 | 44000 | SH |  | DFND |  | 44000 | 0 | 0 |
| DUTCH BROS INC | CL A | 26701L100 |  | 30242680 | 494000 | SH |  | DFND |  | 494000 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 3432528 | 79200 | SH |  | DFND |  | 79200 | 0 | 0 |
| EAGLE MATLS INC | COM | 26969P108 |  | 1074736 | 5200 | SH |  | DFND |  | 5200 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 27613224 | 86695 | SH |  | DFND |  | 86695 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 2043540 | 23462 | SH |  | DFND |  | 23462 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 247819 | 944 | SH |  | DFND |  | 944 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 5046182 | 84075 | SH |  | DFND |  | 84075 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 28217324 | 330995 | SH |  | DFND |  | 330995 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 33555712 | 444800 | SH |  | DFND |  | 444800 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 28922707 | 141549 | SH |  | DFND |  | 141549 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 10068147 | 28721 | SH |  | DFND |  | 28721 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 195199502 | 181635 | SH |  | DFND |  | 181635 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 3539205 | 5785 | SH |  | DFND |  | 5785 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 8386842 | 63192 | SH |  | DFND |  | 63192 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 870348 | 8200 | SH |  | DFND |  | 8200 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 2684629 | 29045 | SH |  | DFND |  | 29045 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 1049595 | 19582 | SH |  | DFND |  | 19582 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 2824646 | 13018 | SH |  | DFND |  | 13018 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 9721804 | 12689 | SH |  | DFND |  | 12689 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 2820725 | 44745 | SH |  | DFND |  | 44745 | 0 | 0 |
| ERIE INDTY CO | CL A | 29530P102 |  | 335954 | 1172 | SH |  | DFND |  | 1172 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 1988616 | 17800 | SH |  | DFND |  | 17800 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 1071763 | 19318 | SH |  | DFND |  | 19318 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 657660 | 1938 | SH |  | DFND |  | 1938 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 3367847 | 50020 | SH |  | DFND |  | 50020 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 7384756 | 169414 | SH |  | DFND |  | 169414 | 0 | 0 |
| EXLSERVICE HOLDINGS INC | COM | 302081104 |  | 1676380 | 39500 | SH |  | DFND |  | 39500 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 3838321 | 34780 | SH |  | DFND |  | 34780 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 11593612 | 40922 | SH |  | DFND |  | 40922 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 1315865 | 5155 | SH |  | DFND |  | 5155 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 211549 | 729 | SH |  | DFND |  | 729 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 1022717 | 10146 | SH |  | DFND |  | 10146 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 7581420 | 26246 | SH |  | DFND |  | 26246 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 65662562 | 1016291 | SH |  | DFND |  | 1016291 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1588593 | 23903 | SH |  | DFND |  | 23903 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1428173 | 30510 | SH |  | DFND |  | 30510 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1858806 | 41519 | SH |  | DFND |  | 41519 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 11034419 | 164276 | SH |  | DFND |  | 164276 | 0 | 0 |
| FLEX LTD | ORD | Y2573F102 |  | 6150756 | 101800 | SH |  | DFND |  | 101800 | 0 | 0 |
| FMC CORP | COM NEW | 302491303 |  | 1038863 | 74900 | SH |  | DFND |  | 74900 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 1638268 | 124868 | SH |  | DFND |  | 124868 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 19499840 | 245559 | SH |  | DFND |  | 245559 | 0 | 0 |
| FORTREA HLDGS INC | COMMON STOCK | 34965K107 |  | 2106225 | 122100 | SH |  | DFND |  | 122100 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 2910232 | 39828 | SH |  | DFND |  | 39828 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 9757745 | 150281 | SH |  | DFND |  | 150281 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 338927 | 14187 | SH |  | DFND |  | 14187 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 9663966 | 190273 | SH |  | DFND |  | 190273 | 0 | 0 |
| FRONTIER COMMUNICATIONS PARE | COM | 35909D109 |  | 8687574 | 228200 | SH |  | DFND |  | 228200 | 0 | 0 |
| FTI CONSULTING INC | COM | 302941109 |  | 4202418 | 24600 | SH |  | DFND |  | 24600 | 0 | 0 |
| FUNKO INC | COM CL A | 361008105 |  | 2040000 | 600000 | SH |  | DFND |  | 600000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 3067438 | 11853 | SH |  | DFND |  | 11853 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 6091180 | 30028 | SH |  | DFND |  | 30028 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 8379480 | 33215 | SH |  | DFND |  | 33215 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 49847879 | 161828 | SH |  | DFND |  | 161828 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 264022 | 3219 | SH |  | DFND |  | 3219 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 18538513 | 28365 | SH |  | DFND |  | 28365 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 611530 | 22491 | SH |  | DFND |  | 22491 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 11030665 | 32765 | SH |  | DFND |  | 32765 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 3316101 | 71314 | SH |  | DFND |  | 71314 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 9828254 | 120859 | SH |  | DFND |  | 120859 | 0 | 0 |
| GENESCO INC | COM | 371532102 |  | 5201700 | 210000 | SH |  | DFND |  | 210000 | 0 | 0 |
| GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 |  | 39012480 | 2500800 | SH |  | DFND |  | 2500800 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 9042724 | 73542 | SH |  | DFND |  | 73542 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 44720810 | 364354 | SH |  | DFND |  | 364354 | 0 | 0 |
| GLOBAL E ONLINE LTD | SHS | M5216V106 |  | 38405870 | 977000 | SH |  | DFND |  | 977000 | 0 | 0 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 1494045 | 35700 | SH |  | DFND |  | 35700 | 0 | 0 |
| GLOBALFOUNDRIES INC | ORDINARY SHARES | G39387108 |  | 13853567 | 396723 | SH |  | DFND |  | 396723 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 513846 | 3674 | SH |  | DFND |  | 3674 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 12854564 | 103599 | SH |  | DFND |  | 103599 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 13218402 | 15038 | SH |  | DFND |  | 15038 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 3057481 | 37300 | SH |  | DFND |  | 37300 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 2062244 | 12400 | SH |  | DFND |  | 12400 | 0 | 0 |
| GREYSTONE HOUSING IMPACT INV | BEN UNIT CTF | 02364V206 |  | 77857 | 11300 | SH |  | DFND |  | 11300 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 1345066 | 9761 | SH |  | DFND |  | 9761 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 8452068 | 103074 | SH |  | DFND |  | 103074 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 1479617 | 92016 | SH |  | DFND |  | 92016 | 0 | 0 |
| HEICO CORP NEW | CL A | 422806208 |  | 1262150 | 5000 | SH |  | DFND |  | 5000 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 1727718 | 9494 | SH |  | DFND |  | 9494 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 10280000 | 2000000 | SH |  | DFND |  | 2000000 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 2551404 | 106220 | SH |  | DFND |  | 106220 | 0 | 0 |
| HINGE HEALTH INC | CL A | 433313103 |  | 6549450 | 141000 | SH |  | DFND |  | 141000 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 2142630 | 28764 | SH |  | DFND |  | 28764 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 132433767 | 384870 | SH |  | DFND |  | 384870 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 222175320 | 1138835 | SH |  | DFND |  | 1138835 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 1466377 | 82706 | SH |  | DFND |  | 82706 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 11951000 | 26910 | SH |  | DFND |  | 26910 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 4935990 | 12300 | SH |  | DFND |  | 12300 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 3981285 | 15544 | SH |  | DFND |  | 15544 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 21536953 | 110821 | SH |  | DFND |  | 110821 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 1724495 | 5071 | SH |  | DFND |  | 5071 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 958563 | 5387 | SH |  | DFND |  | 5387 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 7774006 | 11491 | SH |  | DFND |  | 11491 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 21647800 | 87892 | SH |  | DFND |  | 87892 | 0 | 0 |
| IMAX CORP | COM | 45245E109 |  | 211707 | 5728 | SH |  | DFND |  | 5728 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 441018 | 5567 | SH |  | DFND |  | 5567 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 6825094 | 61900 | SH |  | DFND |  | 61900 | 0 | 0 |
| INSMED INC | COM PAR $.01 | 457669307 |  | 21397348 | 122945 | SH |  | DFND |  | 122945 | 0 | 0 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 8143909 | 88300 | SH |  | DFND |  | 88300 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 2356634 | 8291 | SH |  | DFND |  | 8291 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 64591384 | 1750444 | SH |  | DFND |  | 1750444 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 855066 | 13296 | SH |  | DFND |  | 13296 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 4262463 | 26318 | SH |  | DFND |  | 26318 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 97759667 | 330035 | SH |  | DFND |  | 330035 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 45742751 | 69054 | SH |  | DFND |  | 69054 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 112573112 | 198766 | SH |  | DFND |  | 198766 | 0 | 0 |
| INVESCO LTD | SHS | G491BT108 |  | 539691 | 20544 | SH |  | DFND |  | 20544 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 38313900 | 62369 | SH |  | DFND |  | 62369 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 2025502 | 72886 | SH |  | DFND |  | 72886 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 2741458 | 15800 | SH |  | DFND |  | 15800 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 11083368 | 48607 | SH |  | DFND |  | 48607 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 2046242 | 15448 | SH |  | DFND |  | 15448 | 0 | 0 |
| JAMES HARDIE INDS PLC | ORD SHS | G4253H101 |  | 5243525 | 252700 | SH |  | DFND |  | 252700 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 8874000 | 52200 | SH |  | DFND |  | 52200 | 0 | 0 |
| JETBLUE AWYS CORP | COM | 477143101 |  | 4550000 | 1000000 | SH |  | DFND |  | 1000000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 85685371 | 414039 | SH |  | DFND |  | 414039 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 36892580 | 308080 | SH |  | DFND |  | 308080 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 163453828 | 507274 | SH |  | DFND |  | 507274 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 944700 | 23500 | SH |  | DFND |  | 23500 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 170017553 | 9856090 | SH |  | DFND |  | 9856090 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 8234632 | 293989 | SH |  | DFND |  | 293989 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 896808 | 43450 | SH |  | DFND |  | 43450 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 9592600 | 47210 | SH |  | DFND |  | 47210 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 918805 | 9107 | SH |  | DFND |  | 9107 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 1773970 | 87517 | SH |  | DFND |  | 87517 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1426978 | 51909 | SH |  | DFND |  | 51909 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 2434978 | 22100 | SH |  | DFND |  | 22100 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 4047363 | 31749 | SH |  | DFND |  | 31749 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 24530035 | 20188 | SH |  | DFND |  | 20188 | 0 | 0 |
| KNOT OFFSHORE PARTNERS LP | COM UNITS | Y48125101 |  | 204930 | 19800 | SH |  | DFND |  | 19800 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 4935233 | 78989 | SH |  | DFND |  | 78989 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 8212327 | 27974 | SH |  | DFND |  | 27974 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 243103 | 969 | SH |  | DFND |  | 969 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 66301609 | 387321 | SH |  | DFND |  | 387321 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 754397 | 18009 | SH |  | DFND |  | 18009 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 4245170 | 65220 | SH |  | DFND |  | 65220 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 2980749 | 16523 | SH |  | DFND |  | 16523 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 1221572 | 11883 | SH |  | DFND |  | 11883 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 |  | 352046 | 725 | SH |  | DFND |  | 725 | 0 | 0 |
| LEONARDO DRS INC | COM | 52661A108 |  | 1380645 | 40500 | SH |  | DFND |  | 40500 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 43462980 | 894300 | SH |  | DFND |  | 894300 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL A | G61188101 |  | 4411440 | 396000 | SH |  | DFND |  | 396000 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 1342464 | 121600 | SH |  | DFND |  | 121600 | 0 | 0 |
| LIBERTY LIVE HOLDINGS INC | COM SER A | 530909100 |  | 9657750 | 118500 | SH |  | DFND |  | 118500 | 0 | 0 |
| LIBERTY LIVE HOLDINGS INC | COM SHS SER C | 530909308 |  | 1796256 | 21600 | SH |  | DFND |  | 21600 | 0 | 0 |
| LIGHTPATH TECHNOLOGIES INC | COM CL A | 532257805 |  | 3326400 | 308000 | SH |  | DFND |  | 308000 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 3762348 | 15700 | SH |  | DFND |  | 15700 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 260384008 | 610671 | SH |  | DFND |  | 610671 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 2625407 | 7900 | SH |  | DFND |  | 7900 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 11618237 | 24021 | SH |  | DFND |  | 24021 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 823630 | 7821 | SH |  | DFND |  | 7821 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 16924368 | 70179 | SH |  | DFND |  | 70179 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 842462 | 4054 | SH |  | DFND |  | 4054 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 1429299 | 7094 | SH |  | DFND |  | 7094 | 0 | 0 |
| MACH NATURAL RESOURCES LP | COM UNIT LTD PAR | 55445L100 |  | 11238720 | 1018000 | SH |  | DFND |  | 1018000 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 1541295 | 69900 | SH |  | DFND |  | 69900 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 |  | 1474305 | 5700 | SH |  | DFND |  | 5700 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 524352 | 9790 | SH |  | DFND |  | 9790 | 0 | 0 |
| MAGNERA CORP | COM SHS | 55939A107 |  | 1665400 | 110000 | SH |  | DFND |  | 110000 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 1161177 | 6700 | SH |  | DFND |  | 6700 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 400232 | 2461 | SH |  | DFND |  | 2461 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 4195164 | 22613 | SH |  | DFND |  | 22613 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 245328 | 394 | SH |  | DFND |  | 394 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 55959925 | 658507 | SH |  | DFND |  | 658507 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 1185560 | 18682 | SH |  | DFND |  | 18682 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 733408965 | 1284699 | SH |  | DFND |  | 1284699 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 988365 | 30609 | SH |  | DFND |  | 30609 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 78881880 | 258096 | SH |  | DFND |  | 258096 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 59348802 | 72351 | SH |  | DFND |  | 72351 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 2429198 | 1206 | SH |  | DFND |  | 1206 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 82786779 | 786498 | SH |  | DFND |  | 786498 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 197048747 | 298518 | SH |  | DFND |  | 298518 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 2373726 | 30070 | SH |  | DFND |  | 30070 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 2286472 | 1640 | SH |  | DFND |  | 1640 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 967350 | 26510 | SH |  | DFND |  | 26510 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 42864826 | 672706 | SH |  | DFND |  | 672706 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 105518360 | 369708 | SH |  | DFND |  | 369708 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 892975313 | 1846440 | SH |  | DFND |  | 1846440 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 2101847 | 15131 | SH |  | DFND |  | 15131 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 8215904 | 47343 | SH |  | DFND |  | 47343 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 25659415 | 476675 | SH |  | DFND |  | 476675 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 60855889 | 145002 | SH |  | DFND |  | 145002 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 976150 | 1077 | SH |  | DFND |  | 1077 | 0 | 0 |
| MONRO INC | COM | 610236101 |  | 2545080 | 127000 | SH |  | DFND |  | 127000 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 7774645 | 101404 | SH |  | DFND |  | 101404 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 3617840 | 7082 | SH |  | DFND |  | 7082 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 10092936 | 56852 | SH |  | DFND |  | 56852 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1186987 | 49273 | SH |  | DFND |  | 49273 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 43248079 | 112825 | SH |  | DFND |  | 112825 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 154975806 | 2903800 | SH |  | DFND |  | 2903800 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 1976350 | 23500 | SH |  | DFND |  | 23500 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 268506 | 468 | SH |  | DFND |  | 468 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 10951920 | 95400 | SH |  | DFND |  | 95400 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 2022344 | 20821 | SH |  | DFND |  | 20821 | 0 | 0 |
| NATURAL RESOURCE PARTNERS L | COM UNIT LTD PAR | 63900P608 |  | 18311760 | 175400 | SH |  | DFND |  | 175400 | 0 | 0 |
| NAVIOS MARITIME PARTNERS L P | COM UNIT LPI | Y62267409 |  | 7680995 | 146500 | SH |  | DFND |  | 146500 | 0 | 0 |
| NEKTAR THERAPEUTICS | COM NEW | 640268306 |  | 4228000 | 100000 | SH |  | DFND |  | 100000 | 0 | 0 |
| NEOGEN CORP | COM | 640491106 |  | 61354725 | 8777500 | SH |  | DFND |  | 8777500 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 37749011 | 352498 | SH |  | DFND |  | 352498 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 86298673 | 920421 | SH |  | DFND |  | 920421 | 0 | 0 |
| NEWMARKET CORP | COM | 651587107 |  | 5085724 | 7400 | SH |  | DFND |  | 7400 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 21282928 | 213149 | SH |  | DFND |  | 213149 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 219304 | 8396 | SH |  | DFND |  | 8396 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 472687 | 15953 | SH |  | DFND |  | 15953 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 235782 | 2937 | SH |  | DFND |  | 2937 | 0 | 0 |
| NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 |  | 51748030 | 5174803 | SH |  | DFND |  | 5174803 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 9401557 | 147568 | SH |  | DFND |  | 147568 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 2575381 | 61671 | SH |  | DFND |  | 61671 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 1455082 | 6052 | SH |  | DFND |  | 6052 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 21047399 | 72899 | SH |  | DFND |  | 72899 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 1192294 | 8729 | SH |  | DFND |  | 8729 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 16899884 | 29638 | SH |  | DFND |  | 29638 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 3943897 | 24767 | SH |  | DFND |  | 24767 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 14578282 | 89377 | SH |  | DFND |  | 89377 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 6485292 | 63600 | SH |  | DFND |  | 63600 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1675248000 | 8982563 | SH |  | DFND |  | 8982563 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 2676447 | 367 | SH |  | DFND |  | 367 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 33911501 | 156231 | SH |  | DFND |  | 156231 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 2142672 | 13665 | SH |  | DFND |  | 13665 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 6588924 | 148600 | SH |  | DFND |  | 148600 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 23143596 | 286608 | SH |  | DFND |  | 286608 | 0 | 0 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 1524544 | 32800 | SH |  | DFND |  | 32800 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 3457134 | 21900 | SH |  | DFND |  | 21900 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 96675165 | 495999 | SH |  | DFND |  | 495999 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 46814901 | 513265 | SH |  | DFND |  | 513265 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 21869383 | 250365 | SH |  | DFND |  | 250365 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 412415 | 3766 | SH |  | DFND |  | 3766 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 189245804 | 1064674 | SH |  | DFND |  | 1064674 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1605119 | 8714 | SH |  | DFND |  | 8714 | 0 | 0 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 538198 | 40164 | SH |  | DFND |  | 40164 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 2766670 | 264500 | SH |  | DFND |  | 264500 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 16619376 | 18908 | SH |  | DFND |  | 18908 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 620916 | 5535 | SH |  | DFND |  | 5535 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 1006358 | 6315 | SH |  | DFND |  | 6315 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 3309250 | 21700 | SH |  | DFND |  | 21700 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1427041 | 24444 | SH |  | DFND |  | 24444 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 440747 | 3887 | SH |  | DFND |  | 3887 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 11241705 | 107948 | SH |  | DFND |  | 107948 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 89750088 | 625349 | SH |  | DFND |  | 625349 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 21087387 | 846883 | SH |  | DFND |  | 846883 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 50489429 | 314772 | SH |  | DFND |  | 314772 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 5945131 | 46072 | SH |  | DFND |  | 46072 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 819383 | 9289 | SH |  | DFND |  | 9289 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 66262101 | 462369 | SH |  | DFND |  | 462369 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 6163470 | 27066 | SH |  | DFND |  | 27066 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 10756376 | 84258 | SH |  | DFND |  | 84258 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1823576 | 16155 | SH |  | DFND |  | 16155 | 0 | 0 |
| PTC INC | COM | 69370C100 |  | 2697119 | 15482 | SH |  | DFND |  | 15482 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 754626 | 2908 | SH |  | DFND |  | 2908 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 5179992 | 64508 | SH |  | DFND |  | 64508 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 1899026 | 16195 | SH |  | DFND |  | 16195 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 1230139 | 15066 | SH |  | DFND |  | 15066 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 1225395 | 14500 | SH |  | DFND |  | 14500 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 31494410 | 184124 | SH |  | DFND |  | 184124 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 16256485 | 38517 | SH |  | DFND |  | 38517 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2968925 | 17109 | SH |  | DFND |  | 17109 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 4803792 | 13585 | SH |  | DFND |  | 13585 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 2990048 | 84800 | SH |  | DFND |  | 84800 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 1306881 | 8138 | SH |  | DFND |  | 8138 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 347183 | 6159 | SH |  | DFND |  | 6159 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 43685526 | 56597 | SH |  | DFND |  | 56597 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 2474208 | 8800 | SH |  | DFND |  | 8800 | 0 | 0 |
| REPLIGEN CORP | COM | 759916109 |  | 3244428 | 19800 | SH |  | DFND |  | 19800 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 6168011 | 29104 | SH |  | DFND |  | 29104 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 208112 | 864 | SH |  | DFND |  | 864 | 0 | 0 |
| ROBERT HALF INC. | COM | 770323103 |  | 2766083 | 101844 | SH |  | DFND |  | 101844 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 4105078 | 36296 | SH |  | DFND |  | 36296 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 12835152 | 158400 | SH |  | DFND |  | 158400 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 3700056 | 9510 | SH |  | DFND |  | 9510 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 12768280 | 588400 | SH |  | DFND |  | 588400 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 5511292 | 50800 | SH |  | DFND |  | 50800 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 1798619 | 29967 | SH |  | DFND |  | 29967 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 59010884 | 132570 | SH |  | DFND |  | 132570 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 28563899 | 158565 | SH |  | DFND |  | 158565 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 1111450 | 5000 | SH |  | DFND |  | 5000 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 56794395 | 309675 | SH |  | DFND |  | 309675 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 4175808 | 54600 | SH |  | DFND |  | 54600 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 7477740 | 14309 | SH |  | DFND |  | 14309 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 2720000 | 2000000 | SH |  | DFND |  | 2000000 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 195071247 | 736368 | SH |  | DFND |  | 736368 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 9208682 | 38793 | SH |  | DFND |  | 38793 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 1880030 | 87362 | SH |  | DFND |  | 87362 | 0 | 0 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 2663531 | 13770 | SH |  | DFND |  | 13770 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2134877 | 21368 | SH |  | DFND |  | 21368 | 0 | 0 |
| SCOTTS MIRACLE-GRO CO | CL A | 810186106 |  | 4306230 | 73800 | SH |  | DFND |  | 73800 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 15034150 | 434513 | SH |  | DFND |  | 434513 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 3999214 | 14522 | SH |  | DFND |  | 14522 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 6102639 | 147300 | SH |  | DFND |  | 147300 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 220204629 | 1419576 | SH |  | DFND |  | 1419576 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 1737017 | 19674 | SH |  | DFND |  | 19674 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 |  | 5202000 | 346800 | SH |  | DFND |  | 346800 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 33712523 | 220070 | SH |  | DFND |  | 220070 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 24574435 | 75840 | SH |  | DFND |  | 75840 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 4451947 | 27657 | SH |  | DFND |  | 27657 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 2071566 | 11191 | SH |  | DFND |  | 11191 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 16045640 | 1046000 | SH |  | DFND |  | 1046000 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 4198693 | 66215 | SH |  | DFND |  | 66215 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 11165433 | 290918 | SH |  | DFND |  | 290918 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 979926 | 14652 | SH |  | DFND |  | 14652 | 0 | 0 |
| SMITHFIELD FOODS INC | COM | 832248207 |  | 4774154 | 213800 | SH |  | DFND |  | 213800 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1458738 | 14914 | SH |  | DFND |  | 14914 | 0 | 0 |
| SMURFIT WESTROCK PLC | SHS | G8267P108 |  | 14169036 | 366409 | SH |  | DFND |  | 366409 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 13848000 | 480000 | SH |  | DFND |  | 480000 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 6927459 | 142599 | SH |  | DFND |  | 142599 | 0 | 0 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 298576 | 3768 | SH |  | DFND |  | 3768 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 1069180 | 24500 | SH |  | DFND |  | 24500 | 0 | 0 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 24506004 | 592935 | SH |  | DFND |  | 592935 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 724219 | 1507 | SH |  | DFND |  | 1507 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 201942425 | 296138 | SH |  | DFND |  | 296138 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 12218029 | 145090 | SH |  | DFND |  | 145090 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 1663197 | 12892 | SH |  | DFND |  | 12892 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 4088010 | 16125 | SH |  | DFND |  | 16125 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 1126980 | 9000 | SH |  | DFND |  | 9000 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 461472 | 3037 | SH |  | DFND |  | 3037 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 37043884 | 105397 | SH |  | DFND |  | 105397 | 0 | 0 |
| SUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 864482104 |  | 2558520 | 138000 | SH |  | DFND |  | 138000 | 0 | 0 |
| SYLVAMO CORP | COMMON STOCK | 871332102 |  | 5778048 | 120001 | SH |  | DFND |  | 120001 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 1387024 | 16625 | SH |  | DFND |  | 16625 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 901393 | 1919 | SH |  | DFND |  | 1919 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 5960498 | 19614 | SH |  | DFND |  | 19614 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 442420 | 1728 | SH |  | DFND |  | 1728 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 11545072 | 30800 | SH |  | DFND |  | 30800 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 939748 | 7355 | SH |  | DFND |  | 7355 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 717387 | 7339 | SH |  | DFND |  | 7339 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 23333978 | 523653 | SH |  | DFND |  | 523653 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 3917461 | 20239 | SH |  | DFND |  | 20239 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 171015474 | 380271 | SH |  | DFND |  | 380271 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 31499018 | 181561 | SH |  | DFND |  | 181561 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 5524312 | 63374 | SH |  | DFND |  | 63374 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 9556536 | 34722 | SH |  | DFND |  | 34722 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 12821490 | 22127 | SH |  | DFND |  | 22127 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 607749 | 4608 | SH |  | DFND |  | 4608 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 45381156 | 295431 | SH |  | DFND |  | 295431 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 1411331 | 6951 | SH |  | DFND |  | 6951 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 3448110 | 25500 | SH |  | DFND |  | 25500 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 5077440 | 64500 | SH |  | DFND |  | 64500 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 63111504 | 162157 | SH |  | DFND |  | 162157 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 4246768 | 14641 | SH |  | DFND |  | 14641 | 0 | 0 |
| TREX CO INC | COM | 89531P105 |  | 2564348 | 73100 | SH |  | DFND |  | 73100 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 2896255 | 58855 | SH |  | DFND |  | 58855 | 0 | 0 |
| TXO PARTNERS LP | COM UNIT | 87313P103 |  | 5377680 | 504000 | SH |  | DFND |  | 504000 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 9379061 | 20661 | SH |  | DFND |  | 20661 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 2438123 | 41592 | SH |  | DFND |  | 41592 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 28180880 | 344889 | SH |  | DFND |  | 344889 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 7500914 | 12398 | SH |  | DFND |  | 12398 | 0 | 0 |
| UNITED PARKS  RESORTS INC | COM | 81282V100 |  | 12705000 | 350000 | SH |  | DFND |  | 350000 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 14748238 | 18223 | SH |  | DFND |  | 18223 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 40160522 | 121658 | SH |  | DFND |  | 121658 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 1556227 | 7138 | SH |  | DFND |  | 7138 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 3837064 | 71909 | SH |  | DFND |  | 71909 | 0 | 0 |
| USA COMPRESSION PARTNERS LP | COM UNIT LTDPAR | 90290N109 |  | 7189800 | 312600 | SH |  | DFND |  | 312600 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 1448352 | 3600 | SH |  | DFND |  | 3600 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 5692365 | 25500 | SH |  | DFND |  | 25500 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 209390 | 2706 | SH |  | DFND |  | 2706 | 0 | 0 |
| VENTYX BIOSCIENCES INC | COM | 92332V107 |  | 2158170 | 239000 | SH |  | DFND |  | 239000 | 0 | 0 |
| VERA BRADLEY INC | COM | 92335C106 |  | 242000 | 100000 | SH |  | DFND |  | 100000 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 8420334 | 84389 | SH |  | DFND |  | 84389 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 5656362 | 23282 | SH |  | DFND |  | 23282 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 14322647 | 64029 | SH |  | DFND |  | 64029 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 28557921 | 701152 | SH |  | DFND |  | 701152 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 36780643 | 81129 | SH |  | DFND |  | 81129 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 1987381 | 70675 | SH |  | DFND |  | 70675 | 0 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 21987139 | 307900 | SH |  | DFND |  | 307900 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 28920177 | 179261 | SH |  | DFND |  | 179261 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 14470629 | 67794 | SH |  | DFND |  | 67794 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 33882789 | 304127 | SH |  | DFND |  | 304127 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 54128946 | 1878173 | SH |  | DFND |  | 1878173 | 0 | 0 |
| WARNER MUSIC GROUP CORP | COM CL A | 934550203 |  | 14108200 | 460000 | SH |  | DFND |  | 460000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2620042 | 11925 | SH |  | DFND |  | 11925 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 1880940 | 94000 | SH |  | DFND |  | 94000 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 11894277 | 127621 | SH |  | DFND |  | 127621 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 992271 | 5346 | SH |  | DFND |  | 5346 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 4086654 | 14853 | SH |  | DFND |  | 14853 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 40433492 | 234710 | SH |  | DFND |  | 234710 | 0 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 28268294 | 715653 | SH |  | DFND |  | 715653 | 0 | 0 |
| WESTLAKE CHEM PARTNERS LP | COM UNIT RP LP | 960417103 |  | 1558000 | 82000 | SH |  | DFND |  | 82000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 19771682 | 328925 | SH |  | DFND |  | 328925 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 10454417 | 48675 | SH |  | DFND |  | 48675 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 24068870 | 23853 | SH |  | DFND |  | 23853 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 2170000 | 217000 | SH |  | DFND |  | 217000 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 4284904 | 31465 | SH |  | DFND |  | 31465 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 3352503 | 75900 | SH |  | DFND |  | 75900 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 5415824 | 35800 | SH |  | DFND |  | 35800 | 0 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 6300451 | 25947 | SH |  | DFND |  | 25947 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 57128948 | 454053 | SH |  | DFND |  | 454053 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 848623 | 3773 | SH |  | DFND |  | 3773 | 0 | 0 |

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