# EDGAR Filing Document

**Accession Number:** 0001749768
**File Stem:** 0001749768-26-000001
**Filing Date:** 2026-1
**Character Count:** 34809
**Document Hash:** 2c24b62cf0a61d9c51a48e1afd0d055b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001749768-26-000001.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0001749768-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**EFFECTIVENESS DATE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Impax Asset Management Group plc
- **CENTRAL INDEX KEY:** 0001749768

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18939
- **FILM NUMBER:** 26575458

**BUSINESS ADDRESS:**
- **STREET 1:** 7TH FLOOR
- **STREET 2:** 30 PANTON STREET
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SW1Y 4AJ
- **BUSINESS PHONE:** 00442039123000

**MAIL ADDRESS:**
- **STREET 1:** 7TH FLOOR
- **STREET 2:** 30 PANTON STREET
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** SW1Y 4AJ

### 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:** Impax Asset Management Group plc<br>**Address:** 7TH FLOOR<br>30 PANTON STREET<br>LONDON, X0 SW1Y 4AJ

**Form 13F File Number:** 028-18939

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:** Asford Muiruri<br>**Title:** Investment Control Associate<br>**Phone:** 9788095229

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

Asford Muiruri  Portsmouth, NH  01-28-2026<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:** 3

**Form 13F Information Table Entry Total:** 279

**Form 13F Information Table Value Total:** $15984518018

      (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   |
|:---|:---|:---|
|  | Impax Asset Management LTD |  |
|  | IMPAX ASSET MANAGEMENT LLC |  |
|  | Fidante Partners Ltd       |  |

### 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 |
| 8x8 Inc | Common Stock | 282914100 |  | 3940000 | 2000000 | SH |  | DFND | 03 | 2000000 | 0 | 0 |
| A O Smith Corp | Common Stock | 831865209 |  | 310961530 | 4649544 | SH |  | DFND | 01 | 4151021 | 0 | 498523 |
| A10 Networks Inc | Common Stock | 002121101 |  | 6368400 | 360000 | SH |  | DFND | 03 | 360000 | 0 | 0 |
| AAON Inc | Common Stock | 000360206 |  | 107028204 | 1403648 | SH |  | DFND | 01 | 1135519 | 0 | 268129 |
| Abbott Laboratories | Common Stock | 002824100 |  | 16060925 | 128190 | SH |  | DFND | 01 | 120876 | 0 | 7314 |
| AbbVie Inc | Common Stock | 00287Y109 |  | 1218309 | 5332 | SH |  | DFND | 03 | 5332 | 0 | 0 |
| Acadian Asset Management Inc | Common Stock | 10948W103 |  | 39736197 | 845451 | SH |  | DFND | 03 | 845451 | 0 | 0 |
| Accenture PLC | Common Stock | G1151C101 |  | 8055708 | 30025 | SH |  | DFND | 03 | 30025 | 0 | 0 |
| Adobe Inc | Common Stock | 00724F101 |  | 4325176 | 12358 | SH |  | DFND | 03 | 12358 | 0 | 0 |
| Advanced Drainage Systems Inc | Common Stock | 00790R104 |  | 299323492 | 2066723 | SH |  | DFND | 01 03 | 1884376 | 0 | 182347 |
| Advanced Micro Devices Inc | Common Stock | 007903107 |  | 11150883 | 52068 | SH |  | DFND | 03 | 52068 | 0 | 0 |
| AECOM | Common Stock | 00766T100 |  | 132708130 | 1392092 | SH |  | DFND | 01 | 1392092 | 0 | 0 |
| AGCO Corp | Common Stock | 001084102 |  | 11482502 | 110070 | SH |  | DFND | 01 03 | 104382 | 0 | 5688 |
| Agilent Technologies Inc | Common Stock | 00846U101 |  | 353182960 | 2595597 | SH |  | DFND | 01 03 | 1860280 | 0 | 735317 |
| Agree Realty Corp | REIT | 008492100 |  | 14406000 | 200000 | SH |  | DFND | 03 | 200000 | 0 | 0 |
| Albemarle Corp | Common Stock | 012653101 |  | 1824717 | 12901 | SH |  | DFND | 03 | 12901 | 0 | 0 |
| Allstate Corp/The | Common Stock | 020002101 |  | 1327581 | 6378 | SH |  | DFND | 03 | 6378 | 0 | 0 |
| Alphabet Inc | Common Stock | 02079K107 |  | 20280894 | 64630 | SH |  | DFND | 03 | 64630 | 0 | 0 |
| Alphabet Inc | Common Stock | 02079K305 |  | 77189243 | 246611 | SH |  | DFND | 03 | 241364 | 0 | 5247 |
| Amazon.com Inc | Common Stock | 023135106 |  | 89427285 | 387433 | SH |  | DFND | 03 | 379103 | 0 | 8330 |
| American Express Co | Common Stock | 025816109 |  | 7479649 | 20218 | SH |  | DFND | 03 | 20218 | 0 | 0 |
| American Tower Corp | REIT | 03027X100 |  | 21731528 | 123777 | SH |  | DFND | 01 03 | 105330 | 0 | 18447 |
| American Water Works Co Inc | Common Stock | 030420103 |  | 311486927 | 2386873 | SH |  | DFND | 01 03 | 2170089 | 0 | 216784 |
| Ameris Bancorp | Common Stock | 03076K108 |  | 7427000 | 100000 | SH |  | DFND | 03 | 100000 | 0 | 0 |
| Amgen Inc | Common Stock | 031162100 |  | 5804843 | 17735 | SH |  | DFND | 03 | 17735 | 0 | 0 |
| Amphenol Corp | Common Stock | 032095101 |  | 132815692 | 982800 | SH |  | DFND | 01 03 | 809731 | 0 | 173069 |
| Analog Devices Inc | Common Stock | 032654105 |  | 5339386 | 19688 | SH |  | DFND | 03 | 19688 | 0 | 0 |
| Apple Inc | Common Stock | 037833100 |  | 100108911 | 368237 | SH |  | DFND | 03 | 363607 | 0 | 4630 |
| Applied Materials Inc | Common Stock | 038222105 |  | 219605471 | 854529 | SH |  | DFND | 01 03 04 | 506464 | 472 | 347593 |
| Aptiv PLC | Common Stock | G3265R107 |  | 324868998 | 4269536 | SH |  | DFND | 01 03 04 | 2901089 | 2473 | 1365974 |
| Arcosa Inc | Common Stock | 039653100 |  | 16639080 | 156500 | SH |  | DFND | 03 | 156500 | 0 | 0 |
| Arista Networks Inc | Common Stock | 040413205 |  | 1563188 | 11930 | SH |  | DFND | 03 | 11930 | 0 | 0 |
| Array Technologies Inc | Common Stock | 04271T100 |  | 11525000 | 1250000 | SH |  | DFND | 03 | 1250000 | 0 | 0 |
| AT Inc | Common Stock | 00206R102 |  | 1399212 | 56329 | SH |  | DFND | 03 | 56329 | 0 | 0 |
| Autodesk Inc | Common Stock | 052769106 |  | 103590869 | 349957 | SH |  | DFND | 01 03 | 209047 | 0 | 140910 |
| Autoliv Inc | Common Stock | 052800109 |  | 9780168 | 82394 | SH |  | DFND | 01 03 | 49906 | 0 | 32488 |
| Axalta Coating Systems Ltd | Common Stock | G0750C108 |  | 1346422 | 41672 | SH |  | DFND | 03 | 41672 | 0 | 0 |
| Ball Corp | Common Stock | 058498106 |  | 17861325 | 337197 | SH |  | DFND | 01 | 318030 | 0 | 19167 |
| Bank of America Corp | Common Stock | 060505104 |  | 1128435 | 20517 | SH |  | DFND | 03 | 20517 | 0 | 0 |
| Bank of New York Mellon Corp/T | Common Stock | 064058100 |  | 12646148 | 108934 | SH |  | DFND | 03 | 108934 | 0 | 0 |
| Bentley Systems Inc | Common Stock | 08265T208 |  | 83148941 | 2178670 | SH |  | DFND | 01 | 1501667 | 0 | 677003 |
| Best Buy Co Inc | Common Stock | 086516101 |  | 5261033 | 78605 | SH |  | DFND | 03 | 78605 | 0 | 0 |
| Bio-Techne Corp | Common Stock | 09073M104 |  | 11467950 | 195000 | SH |  | DFND | 03 | 195000 | 0 | 0 |
| Biogen Inc | Common Stock | 09062X103 |  | 5653503 | 32124 | SH |  | DFND | 03 | 32124 | 0 | 0 |
| BJ's Wholesale Club Holdings I | Common Stock | 05550J101 |  | 10799549 | 119955 | SH |  | DFND | 03 | 119955 | 0 | 0 |
| Blackrock Inc | Common Stock | 09290D101 |  | 1006120 | 940 | SH |  | DFND | 03 | 940 | 0 | 0 |
| BorgWarner Inc | Common Stock | 099724106 |  | 1657127 | 36776 | SH |  | DFND | 03 | 36776 | 0 | 0 |
| Boston Scientific Corp | Common Stock | 101137107 |  | 164376439 | 1723927 | SH |  | DFND | 01 03 04 | 677760 | 3312 | 1042855 |
| Bright Horizons Family Solutio | Common Stock | 109194100 |  | 3693799 | 36428 | SH |  | DFND | 01 | 4736 | 0 | 31692 |
| Bristol-Myers Squibb Co | Common Stock | 110122108 |  | 7803877 | 144677 | SH |  | DFND | 03 | 144677 | 0 | 0 |
| Broadcom Inc | Common Stock | 11135F101 |  | 41855950 | 120936 | SH |  | DFND | 03 | 120936 | 0 | 0 |
| Broadridge Financial Solutions | Common Stock | 11133T103 |  | 1428958 | 6403 | SH |  | DFND | 03 | 6403 | 0 | 0 |
| Cadence Design Systems Inc | Common Stock | 127387108 |  | 168338396 | 538545 | SH |  | DFND | 01 03 04 | 350599 | 622 | 187324 |
| Campbell's Company/The | Common Stock | 134429109 |  | 1291412 | 46337 | SH |  | DFND | 03 | 46337 | 0 | 0 |
| Cardinal Health Inc | Common Stock | 14149Y108 |  | 8359946 | 40681 | SH |  | DFND | 03 | 40681 | 0 | 0 |
| Carrier Global Corp | Common Stock | 14448C104 |  | 187524445 | 3548911 | SH |  | DFND | 01 | 2783244 | 0 | 765667 |
| Casella Waste Systems Inc | Common Stock | 147448104 |  | 7835200 | 80000 | SH |  | DFND | 03 | 80000 | 0 | 0 |
| CBRE Group Inc | Common Stock | 12504L109 |  | 1346938 | 8377 | SH |  | DFND | 03 | 8377 | 0 | 0 |
| Cencora Inc | Common Stock | 03073E105 |  | 1353702 | 4008 | SH |  | DFND | 03 | 4008 | 0 | 0 |
| Chemed Corp | Common Stock | 16359R103 |  | 104501382 | 244242 | SH |  | DFND | 01 | 244242 | 0 | 0 |
| Chipotle Mexican Grill Inc | Common Stock | 169656105 |  | 19575923 | 529079 | SH |  | DFND | 01 | 499005 | 0 | 30074 |
| Cia de Saneamento Basico do Es | ADR | 20441A102 |  | 172589976 | 7236477 | SH |  | DFND | 01 | 7043001 | 0 | 193476 |
| Ciena Corp | Common Stock | 171779309 |  | 7305865 | 31239 | SH |  | DFND | 03 | 31239 | 0 | 0 |
| Cintas Corp | Common Stock | 172908105 |  | 253191494 | 1346262 | SH |  | DFND | 01 04 | 930728 | 1075 | 414459 |
| Cisco Systems Inc | Common Stock | 17275R102 |  | 10041862 | 130363 | SH |  | DFND | 03 | 130363 | 0 | 0 |
| Citigroup Inc | Common Stock | 172967424 |  | 16100303 | 137975 | SH |  | DFND | 03 | 137975 | 0 | 0 |
| Citizens Financial Group Inc | Common Stock | 174610105 |  | 101025177 | 1729587 | SH |  | DFND | 01 03 04 | 785319 | 3045 | 941223 |
| Clean Harbors Inc | Common Stock | 184496107 |  | 34844900 | 148605 | SH |  | DFND | 01 | 131019 | 0 | 17586 |
| Clorox Co/The | Common Stock | 189054109 |  | 1549959 | 15372 | SH |  | DFND | 03 | 15372 | 0 | 0 |
| CME Group Inc | Common Stock | 12572Q105 |  | 16540729 | 60571 | SH |  | DFND | 03 | 58465 | 0 | 2106 |
| CNH Industrial NV | Common Stock | N20944109 |  | 11223663 | 1217317 | SH |  | DFND | 01 | 1148122 | 0 | 69195 |
| Coca-Cola Co/The | Common Stock | 191216100 |  | 8171850 | 116891 | SH |  | DFND | 03 | 116891 | 0 | 0 |
| Colgate-Palmolive Co | Common Stock | 194162103 |  | 25822077 | 326779 | SH |  | DFND | 01 03 | 279769 | 0 | 47010 |
| Columbia Sportswear Co | Common Stock | 198516106 |  | 4986471 | 90515 | SH |  | DFND | 03 | 90515 | 0 | 0 |
| Comcast Corp | Common Stock | 20030N101 |  | 1226327 | 41028 | SH |  | DFND | 03 | 41028 | 0 | 0 |
| Core  Main Inc | Common Stock | 21874C102 |  | 149288762 | 2872595 | SH |  | DFND | 01 | 2512217 | 0 | 360378 |
| CRH PLC | Common Stock | G25508105 |  | 1689418 | 13537 | SH |  | DFND | 03 | 13537 | 0 | 0 |
| Crinetics Pharmaceuticals Inc | Common Stock | 22663K107 |  | 12801250 | 275000 | SH |  | DFND | 03 | 275000 | 0 | 0 |
| Cullen/Frost Bankers Inc | Common Stock | 229899109 |  | 115984343 | 915931 | SH |  | DFND | 01 03 04 | 383049 | 1782 | 531100 |
| Cummins Inc | Common Stock | 231021106 |  | 8850182 | 17338 | SH |  | DFND | 03 | 17338 | 0 | 0 |
| Cytokinetics Inc | Common Stock | 23282W605 |  | 6354000 | 100000 | SH |  | DFND | 03 | 100000 | 0 | 0 |
| Danaher Corp | Common Stock | 235851102 |  | 104018501 | 454388 | SH |  | DFND | 01 03 04 | 239395 | 687 | 214306 |
| Darling Ingredients Inc | Common Stock | 237266101 |  | 41306256 | 1147396 | SH |  | DFND | 01 | 1121768 | 0 | 25628 |
| Deckers Outdoor Corp | Common Stock | 243537107 |  | 3130005 | 30192 | SH |  | DFND | 03 | 30192 | 0 | 0 |
| Digital Realty Trust Inc | REIT | 253868103 |  | 3448022 | 22287 | SH |  | DFND | 01 | 22287 | 0 | 0 |
| Dole PLC | Common Stock | G27907107 |  | 23751265 | 1584474 | SH |  | DFND | 01 | 1494409 | 0 | 90065 |
| DoorDash Inc | Common Stock | 25809K105 |  | 13407163 | 59198 | SH |  | DFND | 03 | 57103 | 0 | 2095 |
| Duolingo Inc | Common Stock | 26603R106 |  | 1250964 | 7128 | SH |  | DFND | 01 | 946 | 0 | 6182 |
| Dycom Industries Inc | Common Stock | 267475101 |  | 14529700 | 43000 | SH |  | DFND | 03 | 43000 | 0 | 0 |
| Eastern Bankshares Inc | Common Stock | 27627N105 |  | 23498250 | 1275000 | SH |  | DFND | 03 | 1275000 | 0 | 0 |
| eBay Inc | Common Stock | 278642103 |  | 273035298 | 3134733 | SH |  | DFND | 01 03 04 | 1802571 | 2467 | 1329695 |
| Ecolab Inc | Common Stock | 278865100 |  | 190440409 | 725432 | SH |  | DFND | 01 03 | 721050 | 0 | 4382 |
| Edison International | Common Stock | 281020107 |  | 9993450 | 166502 | SH |  | DFND | 03 | 166502 | 0 | 0 |
| Edwards Lifesciences Corp | Common Stock | 28176E108 |  | 1929378 | 22632 | SH |  | DFND | 03 | 22632 | 0 | 0 |
| Element Solutions Inc | Common Stock | 28618M106 |  | 14792731 | 591946 | SH |  | DFND | 03 | 591946 | 0 | 0 |
| Elevance Health Inc | Common Stock | 036752103 |  | 9760364 | 27843 | SH |  | DFND | 03 | 27843 | 0 | 0 |
| Eli Lilly  Co | Common Stock | 532457108 |  | 49146191 | 45731 | SH |  | DFND | 01 03 | 44655 | 0 | 1076 |
| Emerson Electric Co | Common Stock | 291011104 |  | 16333857 | 123070 | SH |  | DFND | 01 03 | 80738 | 0 | 42332 |
| Enovis Corp | Common Stock | 194014502 |  | 11298823 | 424130 | SH |  | DFND | 03 | 424130 | 0 | 0 |
| Enpro Inc | Common Stock | 29355X107 |  | 10278240 | 48000 | SH |  | DFND | 03 | 48000 | 0 | 0 |
| Extreme Networks Inc | Common Stock | 30226D106 |  | 15737214 | 945178 | SH |  | DFND | 03 | 945178 | 0 | 0 |
| Ferguson Enterprises Inc | Common Stock | 31488V107 |  | 16143758 | 72514 | SH |  | DFND | 01 | 26620 | 0 | 45894 |
| Fifth Third Bancorp | Common Stock | 316773100 |  | 1736791 | 37103 | SH |  | DFND | 03 | 37103 | 0 | 0 |
| Fortinet Inc | Common Stock | 34959E109 |  | 1058297 | 13327 | SH |  | DFND | 03 | 13327 | 0 | 0 |
| Franklin Electric Co Inc | Common Stock | 353514102 |  | 107107376 | 1121191 | SH |  | DFND | 01 | 1121191 | 0 | 0 |
| Freshpet Inc | Common Stock | 358039105 |  | 8530200 | 140000 | SH |  | DFND | 03 | 140000 | 0 | 0 |
| Gates Industrial Corp PLC | Common Stock | G39108108 |  | 10149148 | 472713 | SH |  | DFND | 03 | 472713 | 0 | 0 |
| GE Vernova Inc | Common Stock | 36828A101 |  | 9239519 | 14137 | SH |  | DFND | 03 | 13639 | 0 | 498 |
| Gen Digital Inc | Common Stock | 668771108 |  | 1059676 | 38973 | SH |  | DFND | 03 | 38973 | 0 | 0 |
| GeneDx Holdings Corp | Common Stock | 81663L200 |  | 7803600 | 60000 | SH |  | DFND | 03 | 60000 | 0 | 0 |
| Generac Holdings Inc | Common Stock | 368736104 |  | 62763202 | 460242 | SH |  | DFND | 01 03 | 433181 | 0 | 27061 |
| General Mills Inc | Common Stock | 370334104 |  | 6335439 | 136246 | SH |  | DFND | 03 | 136246 | 0 | 0 |
| Gilead Sciences Inc | Common Stock | 375558103 |  | 36400388 | 296565 | SH |  | DFND | 01 03 | 272568 | 0 | 23997 |
| Graphic Packaging Holding Co | Common Stock | 388689101 |  | 14300795 | 949588 | SH |  | DFND | 01 03 | 912664 | 0 | 36924 |
| Hartford Insurance Group Inc/T | Common Stock | 416515104 |  | 5022948 | 36451 | SH |  | DFND | 03 | 36451 | 0 | 0 |
| HDFC Bank Ltd | ADR | 40415F101 |  | 61951560 | 1695445 | SH |  | DFND | 01 04 | 693980 | 4466 | 996999 |
| Health Catalyst Inc | Common Stock | 42225T107 |  | 6572500 | 2750000 | SH |  | DFND | 03 | 2750000 | 0 | 0 |
| Hewlett Packard Enterprise Co | Common Stock | 42824C109 |  | 8200836 | 341417 | SH |  | DFND | 03 | 341417 | 0 | 0 |
| Home Depot Inc/The | Common Stock | 437076102 |  | 4034228 | 11724 | SH |  | DFND | 03 | 11724 | 0 | 0 |
| Howard Hughes Holdings Inc | Common Stock | 44267T102 |  | 4443747 | 55707 | SH |  | DFND | 03 | 55707 | 0 | 0 |
| HP Inc | Common Stock | 40434L105 |  | 4803523 | 215598 | SH |  | DFND | 03 | 215598 | 0 | 0 |
| Hubbell Inc | Common Stock | 443510607 |  | 364391954 | 820499 | SH |  | DFND | 01 03 04 | 542277 | 477 | 277745 |
| IDEX Corp | Common Stock | 45167R104 |  | 304066749 | 1708816 | SH |  | DFND | 01 | 1513506 | 0 | 195310 |
| IDEXX Laboratories Inc | Common Stock | 45168D104 |  | 5849278 | 8646 | SH |  | DFND | 03 | 8646 | 0 | 0 |
| Insulet Corp | Common Stock | 45784P101 |  | 2747748 | 9667 | SH |  | DFND | 03 | 9667 | 0 | 0 |
| Intel Corp | Common Stock | 458140100 |  | 1105856 | 29969 | SH |  | DFND | 03 | 29969 | 0 | 0 |
| International Flavors  Fragra | Common Stock | 459506101 |  | 3450203 | 51197 | SH |  | DFND | 01 | 51197 | 0 | 0 |
| Intuit Inc | Common Stock | 461202103 |  | 13431228 | 20276 | SH |  | DFND | 01 03 | 13439 | 0 | 6837 |
| Intuitive Surgical Inc | Common Stock | 46120E602 |  | 113002979 | 199525 | SH |  | DFND | 01 04 | 64469 | 415 | 134641 |
| Itron Inc | Common Stock | 465741106 |  | 125839102 | 1355148 | SH |  | DFND | 01 | 1066792 | 0 | 288356 |
| ITT Inc | Common Stock | 45073V108 |  | 1144645 | 6597 | SH |  | DFND | 03 | 6597 | 0 | 0 |
| Johnson  Johnson | Common Stock | 478160104 |  | 22432759 | 108397 | SH |  | DFND | 03 | 108397 | 0 | 0 |
| JPMorgan Chase  Co | Common Stock | 46625H100 |  | 47233263 | 146587 | SH |  | DFND | 03 | 143615 | 0 | 2972 |
| KLA Corp | Common Stock | 482480100 |  | 258171616 | 212473 | SH |  | DFND | 01 03 | 192462 | 0 | 20011 |
| Lam Research Corp | Common Stock | 512807306 |  | 7562732 | 44180 | SH |  | DFND | 03 | 44180 | 0 | 0 |
| Lear Corp | Common Stock | 521865204 |  | 1978454 | 17264 | SH |  | DFND | 03 | 17264 | 0 | 0 |
| Lennox International Inc | Common Stock | 526107107 |  | 4111406 | 8467 | SH |  | DFND | 03 | 8467 | 0 | 0 |
| Ligand Pharmaceuticals Inc | Common Stock | 53220K504 |  | 31235877 | 165208 | SH |  | DFND | 03 | 165208 | 0 | 0 |
| Lincoln Electric Holdings Inc | Common Stock | 533900106 |  | 1287346 | 5372 | SH |  | DFND | 03 | 5372 | 0 | 0 |
| Lincoln National Corp | Common Stock | 534187109 |  | 1162010 | 26095 | SH |  | DFND | 03 | 26095 | 0 | 0 |
| Linde PLC | Common Stock | G54950103 |  | 785384336 | 1841939 | SH |  | DFND | 01 03 04 | 1437540 | 594 | 403805 |
| Lindsay Corp | Common Stock | 535555106 |  | 7398464 | 62768 | SH |  | DFND | 01 | 0 | 0 | 62768 |
| Littelfuse Inc | Common Stock | 537008104 |  | 114826439 | 454003 | SH |  | DFND | 01 | 349480 | 0 | 104523 |
| Lowe's Cos Inc | Common Stock | 548661107 |  | 1515932 | 6286 | SH |  | DFND | 03 | 6286 | 0 | 0 |
| LPL Financial Holdings Inc | Common Stock | 50212V100 |  | 3513124 | 9836 | SH |  | DFND | 03 | 9836 | 0 | 0 |
| Lululemon Athletica Inc | Common Stock | 550021109 |  | 5804133 | 27930 | SH |  | DFND | 03 | 27930 | 0 | 0 |
| Lyft Inc | Common Stock | 55087P104 |  | 15011750 | 775000 | SH |  | DFND | 03 | 775000 | 0 | 0 |
| Macy's Inc | Common Stock | 55616P104 |  | 2815410 | 127683 | SH |  | DFND | 03 | 127683 | 0 | 0 |
| Marriott International Inc/MD | Common Stock | 571903202 |  | 7876994 | 25390 | SH |  | DFND | 03 | 25390 | 0 | 0 |
| Marsh  McLennan Cos Inc | Common Stock | 571748102 |  | 79332804 | 427624 | SH |  | DFND | 01 04 | 141205 | 940 | 285479 |
| Marvell Technology Inc | Common Stock | 573874104 |  | 267054222 | 3142554 | SH |  | DFND | 01 03 04 | 2270347 | 1328 | 870879 |
| Masco Corp | Common Stock | 574599106 |  | 172025020 | 2710763 | SH |  | DFND | 01 | 2710763 | 0 | 0 |
| Mastercard Inc | Common Stock | 57636Q104 |  | 189789056 | 332450 | SH |  | DFND | 01 03 04 | 161629 | 494 | 170327 |
| McCormick  Co Inc/MD | Common Stock | 579780206 |  | 32404695 | 475770 | SH |  | DFND | 01 03 | 452934 | 0 | 22836 |
| McKesson Corp | Common Stock | 58155Q103 |  | 1095907 | 1336 | SH |  | DFND | 03 | 1336 | 0 | 0 |
| MercadoLibre Inc | Common Stock | 58733R102 |  | 4959108 | 2462 | SH |  | DFND | 01 | 344 | 0 | 2118 |
| Merck  Co Inc | Common Stock | 58933Y105 |  | 11425973 | 108550 | SH |  | DFND | 03 | 108550 | 0 | 0 |
| Merit Medical Systems Inc | Common Stock | 589889104 |  | 8814000 | 100000 | SH |  | DFND | 03 | 100000 | 0 | 0 |
| MetLife Inc | Common Stock | 59156R108 |  | 4989876 | 63211 | SH |  | DFND | 03 | 63211 | 0 | 0 |
| Mettler-Toledo International I | Common Stock | 592688105 |  | 43548918 | 31236 | SH |  | DFND | 01 03 | 14729 | 0 | 16507 |
| Micron Technology Inc | Common Stock | 595112103 |  | 6622368 | 23203 | SH |  | DFND | 03 | 23203 | 0 | 0 |
| Microsoft Corp | Common Stock | 594918104 |  | 769702098 | 1591543 | SH |  | DFND | 01 03 04 | 1007143 | 1163 | 583237 |
| Middleby Corp/The | Common Stock | 596278101 |  | 19882977 | 133739 | SH |  | DFND | 01 | 126137 | 0 | 7602 |
| Mitek Systems Inc | Common Stock | 606710200 |  | 13662250 | 1295000 | SH |  | DFND | 03 | 1295000 | 0 | 0 |
| Modine Manufacturing Co | Common Stock | 607828100 |  | 5340400 | 40000 | SH |  | DFND | 03 | 40000 | 0 | 0 |
| Monolithic Power Systems Inc | Common Stock | 609839105 |  | 96289874 | 106238 | SH |  | DFND | 01 | 84802 | 0 | 21436 |
| Moody's Corp | Common Stock | 615369105 |  | 1215823 | 2380 | SH |  | DFND | 03 | 2380 | 0 | 0 |
| Motorola Solutions Inc | Common Stock | 620076307 |  | 1447416 | 3776 | SH |  | DFND | 03 | 3776 | 0 | 0 |
| MSA Safety Inc | Common Stock | 553498106 |  | 5604900 | 35000 | SH |  | DFND | 03 | 35000 | 0 | 0 |
| Mueller Water Products Inc | Common Stock | 624758108 |  | 80148512 | 3364757 | SH |  | DFND | 01 | 3364757 | 0 | 0 |
| NetApp Inc | Common Stock | 64110D104 |  | 1059656 | 9895 | SH |  | DFND | 03 | 9895 | 0 | 0 |
| Netflix Inc | Common Stock | 64110L106 |  | 16498103 | 175961 | SH |  | DFND | 01 03 | 151398 | 0 | 24563 |
| NetScout Systems Inc | Common Stock | 64115T104 |  | 14125320 | 522000 | SH |  | DFND | 03 | 522000 | 0 | 0 |
| Neurocrine Biosciences Inc | Common Stock | 64125C109 |  | 10637250 | 75000 | SH |  | DFND | 03 | 75000 | 0 | 0 |
| NextEra Energy Inc | Common Stock | 65339F101 |  | 3499245 | 43588 | SH |  | DFND | 01 | 43588 | 0 | 0 |
| nVent Electric PLC | Common Stock | G6700G107 |  | 56416738 | 553268 | SH |  | DFND | 01 | 341108 | 0 | 212160 |
| NVIDIA Corp | Common Stock | 67066G104 |  | 565888785 | 3034256 | SH |  | DFND | 01 03 04 | 1983704 | 2012 | 1048540 |
| On Holding AG | Common Stock | H5919C104 |  | 4285874 | 92209 | SH |  | DFND | 01 | 11988 | 0 | 80221 |
| Onto Innovation Inc | Common Stock | 683344105 |  | 11690638 | 74057 | SH |  | DFND | 03 | 74057 | 0 | 0 |
| Oracle Corp | Common Stock | 68389X105 |  | 33281662 | 170754 | SH |  | DFND | 03 | 167471 | 0 | 3283 |
| Ormat Technologies Inc | Common Stock | 686688102 |  | 74759578 | 676741 | SH |  | DFND | 01 | 513983 | 0 | 162758 |
| Otis Worldwide Corp | Common Stock | 68902V107 |  | 8371711 | 95841 | SH |  | DFND | 01 03 | 95841 | 0 | 0 |
| Pacira BioSciences Inc | Common Stock | 695127100 |  | 19410699 | 750027 | SH |  | DFND | 03 | 750027 | 0 | 0 |
| Palo Alto Networks Inc | Common Stock | 697435105 |  | 13214140 | 71738 | SH |  | DFND | 01 03 | 57397 | 0 | 14341 |
| PayPal Holdings Inc | Common Stock | 70450Y103 |  | 2499189 | 42809 | SH |  | DFND | 03 | 42809 | 0 | 0 |
| Pentair PLC | Common Stock | G7S00T104 |  | 344824118 | 3311159 | SH |  | DFND | 01 | 2852131 | 0 | 459028 |
| PG Corp | Common Stock | 69331C108 |  | 1107030 | 68888 | SH |  | DFND | 03 | 68888 | 0 | 0 |
| Pinnacle Financial Partners In | Common Stock | 72346Q104 |  | 41298474 | 421413 | SH |  | DFND | 01 03 | 372602 | 0 | 48811 |
| Pinterest Inc | Common Stock | 72352L106 |  | 1067781 | 41243 | SH |  | DFND | 03 | 41243 | 0 | 0 |
| Planet Fitness Inc | Common Stock | 72703H101 |  | 21072575 | 194271 | SH |  | DFND | 03 | 194271 | 0 | 0 |
| PNC Financial Services Group I | Common Stock | 693475105 |  | 3329035 | 15949 | SH |  | DFND | 03 | 15949 | 0 | 0 |
| Prestige Consumer Healthcare I | Common Stock | 74112D101 |  | 8019700 | 130000 | SH |  | DFND | 03 | 130000 | 0 | 0 |
| Principal Financial Group Inc | Common Stock | 74251V102 |  | 1186425 | 13450 | SH |  | DFND | 03 | 13450 | 0 | 0 |
| Procter  Gamble Co/The | Common Stock | 742718109 |  | 9220279 | 64338 | SH |  | DFND | 03 | 64338 | 0 | 0 |
| Progressive Corp/The | Common Stock | 743315103 |  | 48625052 | 213530 | SH |  | DFND | 01 03 | 105186 | 0 | 108344 |
| Prologis Inc | REIT | 74340W103 |  | 4675548 | 36625 | SH |  | DFND | 03 | 36625 | 0 | 0 |
| Prudential Financial Inc | Common Stock | 744320102 |  | 6874166 | 60898 | SH |  | DFND | 03 | 60898 | 0 | 0 |
| PTC Inc | Common Stock | 69370C100 |  | 100922815 | 579317 | SH |  | DFND | 01 | 537301 | 0 | 42016 |
| QUALCOMM Inc | Common Stock | 747525103 |  | 5773109 | 33751 | SH |  | DFND | 03 | 33751 | 0 | 0 |
| QXO Inc | Common Stock | 82846H405 |  | 24243383 | 1256785 | SH |  | DFND | 03 | 1236186 | 0 | 20599 |
| Rayonier Inc | REIT | 754907103 |  | 23753362 | 1097153 | SH |  | DFND | 01 03 | 1058586 | 0 | 38567 |
| Regency Centers Corp | REIT | 758849103 |  | 1028271 | 14896 | SH |  | DFND | 03 | 14896 | 0 | 0 |
| Regions Financial Corp | Common Stock | 7591EP100 |  | 1220096 | 45022 | SH |  | DFND | 03 | 45022 | 0 | 0 |
| RenaissanceRe Holdings Ltd | Common Stock | G7496G103 |  | 272688226 | 969868 | SH |  | DFND | 01 03 04 | 607266 | 511 | 362091 |
| Repligen Corp | Common Stock | 759916109 |  | 67737102 | 413384 | SH |  | DFND | 01 | 384835 | 0 | 28549 |
| Republic Services Inc | Common Stock | 760759100 |  | 122774167 | 579314 | SH |  | DFND | 01 03 | 409128 | 0 | 170186 |
| ResMed Inc | Common Stock | 761152107 |  | 931926 | 3869 | SH |  | DFND | 03 | 3869 | 0 | 0 |
| Revvity Inc | Common Stock | 714046109 |  | 9168224 | 94762 | SH |  | DFND | 03 | 91408 | 0 | 3354 |
| Rivian Automotive Inc | Common Stock | 76954A103 |  | 8869500 | 450000 | SH |  | DFND | 03 | 450000 | 0 | 0 |
| Rockwell Automation Inc | Common Stock | 773903109 |  | 2523897 | 6487 | SH |  | DFND | 03 | 6487 | 0 | 0 |
| Roivant Sciences Ltd | Common Stock | G76279101 |  | 11935000 | 550000 | SH |  | DFND | 03 | 550000 | 0 | 0 |
| S Global Inc | Common Stock | 78409V104 |  | 7583826 | 14512 | SH |  | DFND | 03 | 14512 | 0 | 0 |
| SBA Communications Corp | REIT | 78410G104 |  | 1039106 | 5372 | SH |  | DFND | 03 | 5372 | 0 | 0 |
| Seagate Technology Holdings PL | Common Stock | G7997R103 |  | 6698311 | 24323 | SH |  | DFND | 03 | 24323 | 0 | 0 |
| Sealed Air Corp | Common Stock | 81211K100 |  | 14251257 | 343984 | SH |  | DFND | 01 | 324251 | 0 | 19733 |
| ServiceNow Inc | Common Stock | 81762P102 |  | 91027030 | 594210 | SH |  | DFND | 01 03 04 | 291743 | 860 | 301607 |
| Sherwin-Williams Co/The | Common Stock | 824348106 |  | 1064115 | 3284 | SH |  | DFND | 03 | 3284 | 0 | 0 |
| SI-BONE Inc | Common Stock | 825704109 |  | 23664197 | 1200010 | SH |  | DFND | 03 | 1200010 | 0 | 0 |
| SiteOne Landscape Supply Inc | Common Stock | 82982L103 |  | 114086622 | 915917 | SH |  | DFND | 01 | 915917 | 0 | 0 |
| Stanley Black  Decker Inc | Common Stock | 854502101 |  | 1109892 | 14942 | SH |  | DFND | 03 | 14942 | 0 | 0 |
| Starbucks Corp | Common Stock | 855244109 |  | 7505132 | 89124 | SH |  | DFND | 03 | 89124 | 0 | 0 |
| State Street Corp | Common Stock | 857477103 |  | 15070561 | 116817 | SH |  | DFND | 03 | 116817 | 0 | 0 |
| Stryker Corp | Common Stock | 863667101 |  | 2103196 | 5984 | SH |  | DFND | 03 | 5984 | 0 | 0 |
| Synopsys Inc | Common Stock | 871607107 |  | 207974952 | 442763 | SH |  | DFND | 01 03 | 295794 | 0 | 146969 |
| Taiwan Semiconductor Manufactu | ADR | 874039100 |  | 29102912 | 95768 | SH |  | DFND | 01 | 73073 | 0 | 22695 |
| Target Corp | Common Stock | 87612E106 |  | 6575545 | 67269 | SH |  | DFND | 03 | 67269 | 0 | 0 |
| TE Connectivity PLC | Common Stock | G87052109 |  | 174044031 | 764995 | SH |  | DFND | 01 04 | 416756 | 675 | 347564 |
| TechTarget Inc | Common Stock | 87874R308 |  | 6689990 | 1238887 | SH |  | DFND | 03 | 1238887 | 0 | 0 |
| Terreno Realty Corp | REIT | 88146M101 |  | 7045200 | 120000 | SH |  | DFND | 03 | 120000 | 0 | 0 |
| Tesla Inc | Common Stock | 88160R101 |  | 25524308 | 56756 | SH |  | DFND | 01 | 56756 | 0 | 0 |
| Tetra Tech Inc | Common Stock | 88162G103 |  | 107602693 | 3208190 | SH |  | DFND | 01 | 3208190 | 0 | 0 |
| Texas Instruments Inc | Common Stock | 882508104 |  | 74635073 | 430198 | SH |  | DFND | 01 03 | 294990 | 0 | 135208 |
| Thermo Fisher Scientific Inc | Common Stock | 883556102 |  | 86414537 | 149132 | SH |  | DFND | 01 04 | 49452 | 326 | 99354 |
| Timken Co/The | Common Stock | 887389104 |  | 1189093 | 14134 | SH |  | DFND | 03 | 14134 | 0 | 0 |
| Trane Technologies PLC | Common Stock | G8994E103 |  | 98356880 | 252715 | SH |  | DFND | 01 03 | 163727 | 0 | 88988 |
| Travere Therapeutics Inc | Common Stock | 89422G107 |  | 8597250 | 225000 | SH |  | DFND | 03 | 225000 | 0 | 0 |
| Trex Co Inc | Common Stock | 89531P105 |  | 62576230 | 1783815 | SH |  | DFND | 01 03 | 1315712 | 0 | 468103 |
| TriMas Corp | Common Stock | 896215209 |  | 8153500 | 230000 | SH |  | DFND | 03 | 230000 | 0 | 0 |
| Trimble Inc | Common Stock | 896239100 |  | 119934576 | 1530754 | SH |  | DFND | 01 | 1424871 | 0 | 105883 |
| Twilio Inc | Common Stock | 90138F102 |  | 7182267 | 50494 | SH |  | DFND | 03 | 50494 | 0 | 0 |
| Tyler Technologies Inc | Common Stock | 902252105 |  | 106739987 | 235136 | SH |  | DFND | 01 03 04 | 103445 | 408 | 131283 |
| Uber Technologies Inc | Common Stock | 90353T100 |  | 22466982 | 274960 | SH |  | DFND | 03 | 265223 | 0 | 9737 |
| Ulta Beauty Inc | Common Stock | 90384S303 |  | 24076373 | 39795 | SH |  | DFND | 03 | 38737 | 0 | 1058 |
| Union Pacific Corp | Common Stock | 907818108 |  | 159461877 | 689356 | SH |  | DFND | 01 03 | 446019 | 0 | 243337 |
| United Rentals Inc | Common Stock | 911363109 |  | 38646324 | 47751 | SH |  | DFND | 01 03 | 20391 | 0 | 27360 |
| Unum Group | Common Stock | 91529Y106 |  | 1071748 | 13829 | SH |  | DFND | 03 | 13829 | 0 | 0 |
| US Foods Holding Corp | Common Stock | 912008109 |  | 17323600 | 230000 | SH |  | DFND | 03 | 230000 | 0 | 0 |
| Valmont Industries Inc | Common Stock | 920253101 |  | 104900112 | 260738 | SH |  | DFND | 01 | 258667 | 0 | 2071 |
| Ventas Inc | REIT | 92276F100 |  | 17046814 | 220300 | SH |  | DFND | 01 03 | 168593 | 0 | 51707 |
| Veralto Corp | Common Stock | 92338C103 |  | 313845044 | 3145370 | SH |  | DFND | 01 03 | 2558349 | 0 | 587021 |
| Verisk Analytics Inc | Common Stock | 92345Y106 |  | 1154240 | 5160 | SH |  | DFND | 03 | 5160 | 0 | 0 |
| Verizon Communications Inc | Common Stock | 92343V104 |  | 1816599 | 44601 | SH |  | DFND | 03 | 44601 | 0 | 0 |
| Vertex Pharmaceuticals Inc | Common Stock | 92532F100 |  | 2095430 | 4622 | SH |  | DFND | 03 | 4622 | 0 | 0 |
| Vertiv Holdings Co | Common Stock | 92537N108 |  | 195550606 | 1207028 | SH |  | DFND | 01 | 1129334 | 0 | 77694 |
| Victory Capital Holdings Inc | Common Stock | 92645B103 |  | 41008500 | 650000 | SH |  | DFND | 03 | 650000 | 0 | 0 |
| Visa Inc | Common Stock | 92826C839 |  | 12429513 | 35441 | SH |  | DFND | 03 | 35441 | 0 | 0 |
| Visteon Corp | Common Stock | 92839U206 |  | 3804000 | 40000 | SH |  | DFND | 03 | 40000 | 0 | 0 |
| Vital Farms Inc | Common Stock | 92847W103 |  | 7630945 | 238915 | SH |  | DFND | 03 | 238915 | 0 | 0 |
| Voya Financial Inc | Common Stock | 929089100 |  | 15128993 | 203101 | SH |  | DFND | 01 03 | 148266 | 0 | 54835 |
| Walt Disney Co/The | Common Stock | 254687106 |  | 7819867 | 68734 | SH |  | DFND | 03 | 68734 | 0 | 0 |
| Warby Parker Inc | Common Stock | 93403J106 |  | 8389150 | 385000 | SH |  | DFND | 03 | 385000 | 0 | 0 |
| Waste Connections Inc | Common Stock | 94106B101 |  | 84471789 | 481705 | SH |  | DFND | 01 | 410256 | 0 | 71449 |
| Waste Management Inc | Common Stock | 94106L109 |  | 221705119 | 1009080 | SH |  | DFND | 01 03 | 614228 | 0 | 394852 |
| Waters Corp | Common Stock | 941848103 |  | 88215139 | 232249 | SH |  | DFND | 01 03 | 162657 | 0 | 69592 |
| Watts Water Technologies Inc | Common Stock | 942749102 |  | 178825905 | 647873 | SH |  | DFND | 01 | 584392 | 0 | 63481 |
| Wells Fargo  Co | Common Stock | 949746101 |  | 1176930 | 12628 | SH |  | DFND | 03 | 12628 | 0 | 0 |
| Welltower Inc | REIT | 95040Q104 |  | 3071474 | 16548 | SH |  | DFND | 01 | 16548 | 0 | 0 |
| WESCO International Inc | Common Stock | 95082P105 |  | 1251823 | 5117 | SH |  | DFND | 03 | 5117 | 0 | 0 |
| Westinghouse Air Brake Technol | Common Stock | 929740108 |  | 44053732 | 206389 | SH |  | DFND | 01 | 192947 | 0 | 13442 |
| Weyerhaeuser Co | REIT | 962166104 |  | 1605732 | 67781 | SH |  | DFND | 03 | 67781 | 0 | 0 |
| Williams-Sonoma Inc | Common Stock | 969904101 |  | 5907579 | 33079 | SH |  | DFND | 03 | 33079 | 0 | 0 |
| Willis Towers Watson PLC | Common Stock | G96629103 |  | 5843494 | 17783 | SH |  | DFND | 03 | 17783 | 0 | 0 |
| WillScot Holdings Corp | Common Stock | 971378104 |  | 5178250 | 275000 | SH |  | DFND | 03 | 275000 | 0 | 0 |
| Workiva Inc | Common Stock | 98139A105 |  | 11737418 | 136086 | SH |  | DFND | 03 | 136086 | 0 | 0 |
| WW Grainger Inc | Common Stock | 384802104 |  | 23197050 | 22989 | SH |  | DFND | 03 | 22427 | 0 | 562 |
| Wyndham Hotels  Resorts Inc | Common Stock | 98311A105 |  | 9067200 | 120000 | SH |  | DFND | 03 | 120000 | 0 | 0 |
| Xylem Inc/NY | Common Stock | 98419M100 |  | 664722950 | 4881208 | SH |  | DFND | 01 03 04 | 3801093 | 1579 | 1078536 |
| Zoetis Inc | Common Stock | 98978V103 |  | 198464030 | 1577364 | SH |  | DFND | 01 03 04 | 983453 | 1041 | 592870 |
| Zurn Elkay Water Solutions Cor | Common Stock | 98983L108 |  | 135838387 | 2921884 | SH |  | DFND | 01 | 2649141 | 0 | 272743 |

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