# EDGAR Filing Document

**Accession Number:** 0002077903
**File Stem:** 0001085146-25-005395
**Filing Date:** 2025-8
**Character Count:** 16662
**Document Hash:** 9fcbe36a53313de2ecbadb6d16b01f1a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-005395.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001085146-25-005395

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20241231

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250820

**EFFECTIVENESS DATE**: 20250821

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cherokee Insurance Co
- **CENTRAL INDEX KEY:** 0002077903

**ORGANIZATION NAME:**
- **EIN:** 383464294
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25694
- **FILM NUMBER:** 251238088

**BUSINESS ADDRESS:**
- **STREET 1:** 34200 MOUND ROAD
- **CITY:** STERLING HEIGHTS
- **STATE:** MI
- **ZIP:** 48310
- **BUSINESS PHONE:** 8002010450

**MAIL ADDRESS:**
- **STREET 1:** 34200 MOUND ROAD
- **CITY:** STERLING HEIGHTS
- **STATE:** MI
- **ZIP:** 48310

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2024

**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:** Cherokee Insurance Co<br>**Address:** 34200 MOUND ROAD<br>STERLING HEIGHTS, MI 48310

**Form 13F File Number:** 028-25694

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:** Brennan Lee<br>**Title:** Executive Vice President<br>**Phone:** 800-201-0450

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

/s/Brennan Lee  Sterling Heights, MI  08-20-2025<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:** 1

**Form 13F Information Table Entry Total:** 120

**Form 13F Information Table Value Total:** $220687285

      (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   |
|:---|:---|:---|
|  | OAKLAND FINANCIAL CORP | 028-25735              |

### 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 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 1777000 | 10000 | SH |  | DFND | 1 | 0 | 10000 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 2187761 | 41839 | SH |  | DFND | 1 | 0 | 41839 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 789804 | 3600 | SH |  | DFND | 1 | 0 | 3600 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 1383450 | 15000 | SH |  | DFND | 1 | 0 | 15000 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 13247218 | 52900 | SH |  | DFND | 1 | 0 | 52900 | 0 |
| ARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 03938L203 | BBG001S8JFB3 | 201208 | 8699 | SH |  | DFND | 1 | 0 | 8699 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 786240 | 12000 | SH |  | DFND | 1 | 0 | 12000 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 273240 | 12000 | SH |  | DFND | 1 | 0 | 12000 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 3522200 | 1100 | SH |  | DFND | 1 | 0 | 1100 | 0 |
| BANK MONTREAL QUE | COM | 063671101 | BBG001S5Y203 | 291635 | 3005 | SH |  | DFND | 1 | 0 | 3005 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG001S5P6Q6 | 1554271 | 20230 | SH |  | DFND | 1 | 0 | 20230 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 | BBG001S5Y2B1 | 685467 | 12760 | SH |  | DFND | 1 | 0 | 12760 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 2991648 | 6600 | SH |  | DFND | 1 | 0 | 6600 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 | BBG001S5P5K4 | 229501 | 4700 | SH |  | DFND | 1 | 0 | 4700 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 354000 | 2000 | SH |  | DFND | 1 | 0 | 2000 | 0 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 586884 | 19854 | SH |  | DFND | 1 | 0 | 19854 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 1730736 | 30600 | SH |  | DFND | 1 | 0 | 30600 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 | BBG001S6VV46 | 2149272 | 59176 | SH |  | DFND | 1 | 0 | 59176 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 | BBG001SB6KF5 | 268632 | 2600 | SH |  | DFND | 1 | 0 | 2600 | 0 |
| CANADIAN IMPERIAL BK COMM | COM | 136069101 | BBG001S5YBB1 | 1167921 | 18471 | SH |  | DFND | 1 | 0 | 18471 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 | BBG001S8WVQ7 | 913590 | 9000 | SH |  | DFND | 1 | 0 | 9000 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | BBG001S7F4Z8 | 2754981 | 38068 | SH |  | DFND | 1 | 0 | 38068 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 1324074 | 3650 | SH |  | DFND | 1 | 0 | 3650 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 | BBG001SD8F15 | 276360 | 49000 | SH |  | DFND | 1 | 0 | 49000 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 8009507 | 55299 | SH |  | DFND | 1 | 0 | 55299 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 | BBG001S5PTM0 | 2874000 | 20000 | SH |  | DFND | 1 | 0 | 20000 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 538720 | 9100 | SH |  | DFND | 1 | 0 | 9100 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 255266 | 4100 | SH |  | DFND | 1 | 0 | 4100 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 4581654 | 46200 | SH |  | DFND | 1 | 0 | 46200 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 | BBG001S5QRL4 | 3926120 | 44000 | SH |  | DFND | 1 | 0 | 44000 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 | BBG001SD31G5 | 596700 | 2700 | SH |  | DFND | 1 | 0 | 2700 | 0 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 6486270 | 201000 | SH |  | DFND | 1 | 0 | 201000 | 0 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 278880 | 800 | SH |  | DFND | 1 | 0 | 800 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 254220 | 600 | SH |  | DFND | 1 | 0 | 600 | 0 |
| DOUGLAS ELLIMAN INC | COM | 25961D105 | BBG013ZGQFH8 | 135616 | 81207 | SH |  | DFND | 1 | 0 | 81207 | 0 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 537381 | 13391 | SH |  | DFND | 1 | 0 | 13391 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 1152818 | 10700 | SH |  | DFND | 1 | 0 | 10700 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 298900 | 3920 | SH |  | DFND | 1 | 0 | 3920 | 0 |
| EASTMAN CHEM CO | COM | 277432100 | BBG001S7JNP3 | 5031732 | 55100 | SH |  | DFND | 1 | 0 | 55100 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 | BBG001S6KBQ8 | 239785 | 650 | SH |  | DFND | 1 | 0 | 650 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 8337600 | 10800 | SH |  | DFND | 1 | 0 | 10800 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 484254 | 11413 | SH |  | DFND | 1 | 0 | 11413 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 | BBG001S67KF5 | 424592 | 5600 | SH |  | DFND | 1 | 0 | 5600 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 3763200 | 120000 | SH |  | DFND | 1 | 0 | 120000 | 0 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 | BBG001SJ3R93 | 448783 | 18944 | SH |  | DFND | 1 | 0 | 18944 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 5206388 | 48400 | SH |  | DFND | 1 | 0 | 48400 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 4290283 | 15250 | SH |  | DFND | 1 | 0 | 15250 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 | BBG001SCW8R8 | 3423800 | 170000 | SH |  | DFND | 1 | 0 | 170000 | 0 |
| FIRST INDL RLTY TR INC | COM | 32054K103 | BBG001S81Z00 | 200520 | 4000 | SH |  | DFND | 1 | 0 | 4000 | 0 |
| FIRSTENERGY CORP | COM | 337932107 | BBG001S5R3N4 | 1312740 | 33000 | SH |  | DFND | 1 | 0 | 33000 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 | BBG001S5R3F3 | 1016736 | 26700 | SH |  | DFND | 1 | 0 | 26700 | 0 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 215778 | 656 | SH |  | DFND | 1 | 0 | 656 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 | BBG001T8NTY2 | 3031515 | 10100 | SH |  | DFND | 1 | 0 | 10100 | 0 |
| HEARTLAND EXPRESS INC | COM | 422347104 | BBG001S5S1D8 | 740352 | 65985 | SH |  | DFND | 1 | 0 | 65985 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 1828253 | 4700 | SH |  | DFND | 1 | 0 | 4700 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 237185 | 1050 | SH |  | DFND | 1 | 0 | 1050 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 | BBG001SCZVC0 | 669936 | 13545 | SH |  | DFND | 1 | 0 | 13545 | 0 |
| HUB GROUP INC | CL A | 443320106 | BBG001S8SNQ0 | 356480 | 8000 | SH |  | DFND | 1 | 0 | 8000 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 | BBG001S5SFY4 | 648508 | 3800 | SH |  | DFND | 1 | 0 | 3800 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 380950 | 19000 | SH |  | DFND | 1 | 0 | 19000 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 | BBG001S5SBF4 | 10408788 | 193400 | SH |  | DFND | 1 | 0 | 193400 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 6354712 | 26510 | SH |  | DFND | 1 | 0 | 26510 | 0 |
| KEYCORP | COM | 493267108 | BBG001S5SKV6 | 222820 | 13000 | SH |  | DFND | 1 | 0 | 13000 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 1233000 | 45000 | SH |  | DFND | 1 | 0 | 45000 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 | BBG001T9BTS0 | 4053317 | 76420 | SH |  | DFND | 1 | 0 | 76420 | 0 |
| KROGER CO | COM | 501044101 | BBG001S5SN40 | 336325 | 5500 | SH |  | DFND | 1 | 0 | 5500 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 | BBG001S5SW40 | 325035 | 4500 | SH |  | DFND | 1 | 0 | 4500 | 0 |
| LANDSTAR SYS INC | COM | 515098101 | BBG001S5RWM1 | 1563926 | 9100 | SH |  | DFND | 1 | 0 | 9100 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 235195 | 484 | SH |  | DFND | 1 | 0 | 484 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 2591400 | 10500 | SH |  | DFND | 1 | 0 | 10500 | 0 |
| MAIDEN HOLDINGS LTD | SHS | G5753U112 | BBG001SV9XY9 | 25350 | 15000 | SH |  | DFND | 1 | 0 | 15000 | 0 |
| MARATHON PETE CORP | COM | 56585A102 | BBG001S169P1 | 5797341 | 41558 | SH |  | DFND | 1 | 0 | 41558 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 327755 | 1175 | SH |  | DFND | 1 | 0 | 1175 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 579780 | 2000 | SH |  | DFND | 1 | 0 | 2000 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 1342781 | 13498 | SH |  | DFND | 1 | 0 | 13498 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 2634795 | 4500 | SH |  | DFND | 1 | 0 | 4500 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 302976 | 3600 | SH |  | DFND | 1 | 0 | 3600 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 8398388 | 19925 | SH |  | DFND | 1 | 0 | 19925 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 298650 | 5000 | SH |  | DFND | 1 | 0 | 5000 | 0 |
| MOODYS CORP | COM | 615369105 | BBG001S5VP87 | 307691 | 650 | SH |  | DFND | 1 | 0 | 650 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 2011520 | 16000 | SH |  | DFND | 1 | 0 | 16000 | 0 |
| NISOURCE INC | COM | 65473P105 | BBG001S5TMF9 | 367600 | 10000 | SH |  | DFND | 1 | 0 | 10000 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 | BBG001SCPCG9 | 124040 | 28000 | SH |  | DFND | 1 | 0 | 28000 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 4107250 | 17500 | SH |  | DFND | 1 | 0 | 17500 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 340585 | 3500 | SH |  | DFND | 1 | 0 | 3500 | 0 |
| NUCOR CORP | COM | 670346105 | BBG001S5TRV0 | 1528901 | 13100 | SH |  | DFND | 1 | 0 | 13100 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 470015 | 3500 | SH |  | DFND | 1 | 0 | 3500 | 0 |
| OLD REP INTL CORP | COM | 680223104 | BBG001S6M9Y2 | 2967580 | 82000 | SH |  | DFND | 1 | 0 | 82000 | 0 |
| ONEOK INC NEW | COM | 682680103 | BBG001S5TWK1 | 7882906 | 78515 | SH |  | DFND | 1 | 0 | 78515 | 0 |
| PBF ENERGY INC | CL A | 69318G106 | BBG002832HM6 | 257535 | 9700 | SH |  | DFND | 1 | 0 | 9700 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 3261784 | 122947 | SH |  | DFND | 1 | 0 | 122947 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 830415 | 6900 | SH |  | DFND | 1 | 0 | 6900 | 0 |
| PHILLIPS 66 | COM | 718546104 | BBG00286S4P7 | 2067830 | 18150 | SH |  | DFND | 1 | 0 | 18150 | 0 |
| PPL CORP | COM | 69351T106 | BBG001S5VC31 | 464178 | 14300 | SH |  | DFND | 1 | 0 | 14300 | 0 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 281691 | 2665 | SH |  | DFND | 1 | 0 | 2665 | 0 |
| ROYAL BK CDA | COM | 780087102 | BBG001S60869 | 251986 | 2091 | SH |  | DFND | 1 | 0 | 2091 | 0 |
| SANOFI | SPONSORED ADR | 80105N105 | BBG001S5W768 | 347883 | 7213 | SH |  | DFND | 1 | 0 | 7213 | 0 |
| SCHNEIDER NATIONAL INC | CL B | 80689H102 | BBG001SF1R75 | 333792 | 11400 | SH |  | DFND | 1 | 0 | 11400 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 | BBG0113JGQG9 | 336609 | 3900 | SH |  | DFND | 1 | 0 | 3900 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 1593753 | 25439 | SH |  | DFND | 1 | 0 | 25439 | 0 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 905520 | 11000 | SH |  | DFND | 1 | 0 | 11000 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 | BBG001S6ZM88 | 1052643 | 11551 | SH |  | DFND | 1 | 0 | 11551 | 0 |
| SUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 864482104 | BBG001S6DDV6 | 275200 | 16000 | SH |  | DFND | 1 | 0 | 16000 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 1088170 | 5510 | SH |  | DFND | 1 | 0 | 5510 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 565376 | 1400 | SH |  | DFND | 1 | 0 | 1400 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 | BBG001S60L15 | 553132 | 10395 | SH |  | DFND | 1 | 0 | 10395 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 | BBG001S7K017 | 689780 | 13000 | SH |  | DFND | 1 | 0 | 13000 | 0 |
| UMH PPTYS INC | COM | 903002103 | BBG001S7JRQ3 | 6974095 | 369391 | SH |  | DFND | 1 | 0 | 369391 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 5016880 | 22000 | SH |  | DFND | 1 | 0 | 22000 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 1670825 | 13250 | SH |  | DFND | 1 | 0 | 13250 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 2933988 | 5800 | SH |  | DFND | 1 | 0 | 5800 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 2801182 | 22850 | SH |  | DFND | 1 | 0 | 22850 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 451887 | 11300 | SH |  | DFND | 1 | 0 | 11300 | 0 |
| VIATRIS INC | COM | 92556V106 | BBG00Y52JV51 | 186825 | 15006 | SH |  | DFND | 1 | 0 | 15006 | 0 |
| VULCAN MATLS CO | COM | 929160109 | BBG001S5X8R2 | 745967 | 2900 | SH |  | DFND | 1 | 0 | 2900 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 948675 | 10500 | SH |  | DFND | 1 | 0 | 10500 | 0 |
| WELLTOWER INC | COM | 95040Q104 | BBG001S5RTQ4 | 201648 | 1600 | SH |  | DFND | 1 | 0 | 1600 | 0 |
| WERNER ENTERPRISES INC | COM | 950755108 | BBG001S5XDR1 | 801016 | 22300 | SH |  | DFND | 1 | 0 | 22300 | 0 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 1338333 | 24729 | SH |  | DFND | 1 | 0 | 24729 | 0 |
| XPO INC | COM | 983793100 | BBG001SJW3C0 | 655750 | 5000 | SH |  | DFND | 1 | 0 | 5000 | 0 |

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