# EDGAR Filing Document

**Accession Number:** 0001313871
**File Stem:** 0001313871-25-000008
**Filing Date:** 2025-11
**Character Count:** 20605
**Document Hash:** 3cb528d62b507782b9e523f416ab46e8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001313871-25-000008.hdr.sgml**: 20251105

**ACCESSION NUMBER**: 0001313871-25-000008

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251105

**DATE AS OF CHANGE**: 20251105

**EFFECTIVENESS DATE**: 20251105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First National Bank of Hutchinson
- **CENTRAL INDEX KEY:** 0001313871

**ORGANIZATION NAME:**
- **EIN:** 480273305
- **STATE OF INCORPORATION:** KS
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11018
- **FILM NUMBER:** 251453559

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 913
- **CITY:** HUTCHINSON
- **STATE:** KS
- **ZIP:** 67504-0913
- **BUSINESS PHONE:** 620-694-2307

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 913
- **CITY:** HUTCHINSON
- **STATE:** KS
- **ZIP:** 67504-0913

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** First National Bank of Hutchinson<br>**Address:** P.O. BOX 913<br>HUTCHINSON, KS 67504-0913

**Form 13F File Number:** 028-11018

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:** Alexander Ratzlaff<br>**Title:** Assistant Portfolio Manager and Trade Analyst<br>**Phone:** 6206942307

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

Alexander Ratzlaff  Hutchinson, KS  11-05-2025<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:** 0

**Form 13F Information Table Entry Total:** 172

**Form 13F Information Table Value Total:** $188996144

      (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 |
| 3M Co | Equities | 88579Y101 |  | 133144 | 858 | SH |  | DFND |  | 858 | 0 | 0 |
| 3M Co | Equities | 88579Y101 |  | 155180 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| Advanced Micro Devices Inc | Equities | 007903107 |  | 18282 | 113 | SH |  | DFND |  | 113 | 0 | 0 |
| Advanced Micro Devices Inc | Equities | 007903107 |  | 845838 | 5228 | SH |  | SOLE |  | 5228 | 0 | 0 |
| Alphabet Inc A | Equities | 02079K305 |  | 293665 | 1208 | SH |  | SOLE |  | 1208 | 0 | 0 |
| Alphabet Inc C | Equities | 02079K107 |  | 64784 | 266 | SH |  | DFND |  | 266 | 0 | 0 |
| Alphabet Inc C | Equities | 02079K107 |  | 7166215 | 29424 | SH |  | SOLE |  | 29424 | 0 | 0 |
| Altria Group Inc | Equities | 02209S103 |  | 85614 | 1296 | SH |  | DFND |  | 1296 | 0 | 0 |
| Altria Group Inc | Equities | 02209S103 |  | 116992 | 1771 | SH |  | SOLE |  | 1771 | 0 | 0 |
| Amazon.com Inc | Equities | 023135106 |  | 231207 | 1053 | SH |  | DFND |  | 1053 | 0 | 0 |
| Amazon.com Inc | Equities | 023135106 |  | 4604602 | 20971 | SH |  | SOLE |  | 20971 | 0 | 0 |
| Amgen Inc | Equities | 031162100 |  | 260188 | 922 | SH |  | SOLE |  | 922 | 0 | 0 |
| Amphenol Corp | Equities | 032095101 |  | 23265 | 188 | SH |  | DFND |  | 188 | 0 | 0 |
| Amphenol Corp | Equities | 032095101 |  | 1060785 | 8572 | SH |  | SOLE |  | 8572 | 0 | 0 |
| Aon p.l.c. | Equities | G0403H108 |  | 17472 | 49 | SH |  | DFND |  | 49 | 0 | 0 |
| Aon p.l.c. | Equities | G0403H108 |  | 301667 | 846 | SH |  | SOLE |  | 846 | 0 | 0 |
| Apple Inc | Equities | 037833100 |  | 2503013 | 9830 | SH |  | DFND |  | 9830 | 0 | 0 |
| Apple Inc | Equities | 037833100 |  | 7310427 | 28710 | SH |  | SOLE |  | 28710 | 0 | 0 |
| Automatic Data Processing Inc | Equities | 053015103 |  | 1526200 | 5200 | SH |  | DFND |  | 5200 | 0 | 0 |
| Automatic Data Processing Inc | Equities | 053015103 |  | 469600 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| Bank of America Corp | Equities | 060505104 |  | 335077 | 6495 | SH |  | DFND |  | 6495 | 0 | 0 |
| Bank of America Corp | Equities | 060505104 |  | 333684 | 6468 | SH |  | SOLE |  | 6468 | 0 | 0 |
| Berkshire Hathaway Inc | Equities | 084670702 |  | 230255 | 458 | SH |  | DFND |  | 458 | 0 | 0 |
| Berkshire Hathaway Inc | Equities | 084670702 |  | 2766578 | 5503 | SH |  | SOLE |  | 5503 | 0 | 0 |
| Boeing Co | Equities | 097023105 |  | 236550 | 1096 | SH |  | SOLE |  | 1096 | 0 | 0 |
| Broadcom Inc | Equities | 11135F101 |  | 74761 | 228 | SH |  | DFND |  | 228 | 0 | 0 |
| Broadcom Inc | Equities | 11135F101 |  | 3855120 | 11757 | SH |  | SOLE |  | 11757 | 0 | 0 |
| Broadridge Financial Solutions | Equities | 11133T103 |  | 119085 | 500 | SH |  | DFND |  | 500 | 0 | 0 |
| Broadridge Financial Solutions | Equities | 11133T103 |  | 101937 | 428 | SH |  | SOLE |  | 428 | 0 | 0 |
| Chevron Corp | Equities | 166764100 |  | 475343 | 3061 | SH |  | DFND |  | 3061 | 0 | 0 |
| Chevron Corp | Equities | 166764100 |  | 679704 | 4377 | SH |  | SOLE |  | 4377 | 0 | 0 |
| Cinemark Holdings Inc | Equities | 17243V102 |  | 7790 | 278 | SH |  | DFND |  | 278 | 0 | 0 |
| Cinemark Holdings Inc | Equities | 17243V102 |  | 379307 | 13537 | SH |  | SOLE |  | 13537 | 0 | 0 |
| Cisco Systems Inc | Equities | 17275R102 |  | 410520 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| Clestica Inc | Equities | 15101Q207 |  | 32276 | 131 | SH |  | DFND |  | 131 | 0 | 0 |
| Clestica Inc | Equities | 15101Q207 |  | 773387 | 3139 | SH |  | SOLE |  | 3139 | 0 | 0 |
| Coca-Cola Co | Equities | 191216100 |  | 282722 | 4263 | SH |  | DFND |  | 4263 | 0 | 0 |
| Coca-Cola Co | Equities | 191216100 |  | 108367 | 1634 | SH |  | SOLE |  | 1634 | 0 | 0 |
| ConocoPhillips | Equities | 20825C104 |  | 291053 | 3077 | SH |  | DFND |  | 3077 | 0 | 0 |
| ConocoPhillips | Equities | 20825C104 |  | 954224 | 10088 | SH |  | SOLE |  | 10088 | 0 | 0 |
| Constellation Energy Corp | Equities | 21037T109 |  | 25009 | 76 | SH |  | DFND |  | 76 | 0 | 0 |
| Constellation Energy Corp | Equities | 21037T109 |  | 1192221 | 3623 | SH |  | SOLE |  | 3623 | 0 | 0 |
| Costco Wholesale Corp | Equities | 22160K105 |  | 19438 | 21 | SH |  | DFND |  | 21 | 0 | 0 |
| Costco Wholesale Corp | Equities | 22160K105 |  | 1005234 | 1086 | SH |  | SOLE |  | 1086 | 0 | 0 |
| CRH Public Limited | Equities | G25508105 |  | 23500 | 196 | SH |  | DFND |  | 196 | 0 | 0 |
| CRH Public Limited | Equities | G25508105 |  | 579477 | 4833 | SH |  | SOLE |  | 4833 | 0 | 0 |
| CrowdStrike Holdings Inc | Equities | 22788C105 |  | 27952 | 57 | SH |  | DFND |  | 57 | 0 | 0 |
| CrowdStrike Holdings Inc | Equities | 22788C105 |  | 1538322 | 3137 | SH |  | SOLE |  | 3137 | 0 | 0 |
| Dominion Energy Inc | Equities | 25746U109 |  | 5872 | 96 | SH |  | DFND |  | 96 | 0 | 0 |
| Dominion Energy Inc | Equities | 25746U109 |  | 208100 | 3402 | SH |  | SOLE |  | 3402 | 0 | 0 |
| EMCOR Group Inc | Equities | 29084Q100 |  | 31827 | 49 | SH |  | DFND |  | 49 | 0 | 0 |
| EMCOR Group Inc | Equities | 29084Q100 |  | 1006787 | 1550 | SH |  | SOLE |  | 1550 | 0 | 0 |
| Exxon Mobil Corp | Equities | 30231G102 |  | 316038 | 2803 | SH |  | DFND |  | 2803 | 0 | 0 |
| Exxon Mobil Corp | Equities | 30231G102 |  | 190999 | 1694 | SH |  | SOLE |  | 1694 | 0 | 0 |
| Garmin Ltd | Equities | H2906T109 |  | 258039 | 1048 | SH |  | SOLE |  | 1048 | 0 | 0 |
| GE Vernova Inc | Equities | 36828a101 |  | 13528 | 22 | SH |  | DFND |  | 22 | 0 | 0 |
| GE Vernova Inc | Equities | 36828a101 |  | 736035 | 1197 | SH |  | SOLE |  | 1197 | 0 | 0 |
| Icon Plc Shs | Equities | G4705A100 |  | 10850 | 62 | SH |  | DFND |  | 62 | 0 | 0 |
| Icon Plc Shs | Equities | G4705A100 |  | 254275 | 1453 | SH |  | SOLE |  | 1453 | 0 | 0 |
| Illinois Tool Works Inc | Equities | 452308109 |  | 80836 | 310 | SH |  | DFND |  | 310 | 0 | 0 |
| Illinois Tool Works Inc | Equities | 452308109 |  | 182532 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| International Business Machines | Equities | 459200101 |  | 27087 | 96 | SH |  | DFND |  | 96 | 0 | 0 |
| International Business Machines | Equities | 459200101 |  | 1463564 | 5187 | SH |  | SOLE |  | 5187 | 0 | 0 |
| iShares Core MSCI EAFE ETF | Equities | 46432F842 |  | 641467 | 7347 | SH |  | SOLE |  | 7347 | 0 | 0 |
| iShares Core S 500 ETF | Equities | 464287200 |  | 5279438 | 7888 | SH |  | DFND |  | 7591 | 0 | 297 |
| iShares Core S 500 ETF | Equities | 464287200 |  | 23934837 | 35761 | SH |  | SOLE |  | 35686 | 0 | 75 |
| iShares Core S Mid-Cap ETF | Equities | 464287507 |  | 1582229 | 24245 | SH |  | DFND |  | 24245 | 0 | 0 |
| iShares Core S Mid-Cap ETF | Equities | 464287507 |  | 6062328 | 92895 | SH |  | SOLE |  | 92895 | 0 | 0 |
| iShares Core S Small-Cap ETF | Equities | 464287804 |  | 1500585 | 12628 | SH |  | DFND |  | 12628 | 0 | 0 |
| iShares Core S Small-Cap ETF | Equities | 464287804 |  | 5062514 | 42603 | SH |  | SOLE |  | 42603 | 0 | 0 |
| iShares Core S US Growth ETF | Equities | 464287671 |  | 331877 | 2017 | SH |  | SOLE |  | 2017 | 0 | 0 |
| iShares Core S US Value ETF | Equities | 464287663 |  | 368016 | 3682 | SH |  | SOLE |  | 3682 | 0 | 0 |
| iShares Russell 1000 Growth ETF | Equities | 464287614 |  | 414543 | 885 | SH |  | SOLE |  | 885 | 0 | 0 |
| Johnson  Johnson | Equities | 478160104 |  | 834575 | 4501 | SH |  | DFND |  | 4501 | 0 | 0 |
| Johnson  Johnson | Equities | 478160104 |  | 287030 | 1548 | SH |  | SOLE |  | 1548 | 0 | 0 |
| JPMorgan Chase  Co | Equities | 46625H100 |  | 476615 | 1511 | SH |  | DFND |  | 1511 | 0 | 0 |
| JPMorgan Chase  Co | Equities | 46625H100 |  | 3578238 | 11344 | SH |  | SOLE |  | 11344 | 0 | 0 |
| KLA Corp | Equities | 482480100 |  | 241606 | 224 | SH |  | SOLE |  | 224 | 0 | 0 |
| Lilly (Eli)  Co | Equities | 532457108 |  | 217455 | 285 | SH |  | DFND |  | 285 | 0 | 0 |
| Lilly (Eli)  Co | Equities | 532457108 |  | 945357 | 1239 | SH |  | SOLE |  | 1239 | 0 | 0 |
| Linde Plc | Equities | G54950103 |  | 18050 | 38 | SH |  | DFND |  | 38 | 0 | 0 |
| Linde Plc | Equities | G54950103 |  | 369075 | 777 | SH |  | SOLE |  | 777 | 0 | 0 |
| Martin Marietta Materials Inc | Equities | 573284106 |  | 27102 | 43 | SH |  | DFND |  | 43 | 0 | 0 |
| Martin Marietta Materials Inc | Equities | 573284106 |  | 1287032 | 2042 | SH |  | SOLE |  | 2042 | 0 | 0 |
| Mastercard Inc | Equities | 57636Q104 |  | 36404 | 64 | SH |  | DFND |  | 64 | 0 | 0 |
| Mastercard Inc | Equities | 57636Q104 |  | 1569916 | 2760 | SH |  | SOLE |  | 2760 | 0 | 0 |
| Mercadolibre Inc | Equities | 58733R102 |  | 18696 | 8 | SH |  | DFND |  | 8 | 0 | 0 |
| Mercadolibre Inc | Equities | 58733R102 |  | 462714 | 198 | SH |  | SOLE |  | 198 | 0 | 0 |
| Meta Platforms Inc | Equities | 30303M102 |  | 65360 | 89 | SH |  | DFND |  | 89 | 0 | 0 |
| Meta Platforms Inc | Equities | 30303M102 |  | 3685853 | 5019 | SH |  | SOLE |  | 5019 | 0 | 0 |
| Microsoft Corp | Equities | 594918104 |  | 460458 | 889 | SH |  | DFND |  | 889 | 0 | 0 |
| Microsoft Corp | Equities | 594918104 |  | 8702596 | 16802 | SH |  | SOLE |  | 16802 | 0 | 0 |
| Monolithic Power Systms Inc | Equities | 609839105 |  | 16572 | 18 | SH |  | DFND |  | 18 | 0 | 0 |
| Monolithic Power Systms Inc | Equities | 609839105 |  | 846068 | 919 | SH |  | SOLE |  | 919 | 0 | 0 |
| Netflix Inc | Equities | 64110l106 |  | 21581 | 18 | SH |  | DFND |  | 18 | 0 | 0 |
| Netflix Inc | Equities | 64110l106 |  | 1323608 | 1104 | SH |  | SOLE |  | 1104 | 0 | 0 |
| NextEra Energy Inc | Equities | 65339f101 |  | 368995 | 4888 | SH |  | SOLE |  | 4888 | 0 | 0 |
| Nvidia Corp | Equities | 67066G104 |  | 975627 | 5229 | SH |  | DFND |  | 5229 | 0 | 0 |
| Nvidia Corp | Equities | 67066G104 |  | 8636415 | 46288 | SH |  | SOLE |  | 46288 | 0 | 0 |
| Occidental Petroleum Corp | Equities | 674599105 |  | 11246 | 238 | SH |  | DFND |  | 238 | 0 | 0 |
| Occidental Petroleum Corp | Equities | 674599105 |  | 483935 | 10242 | SH |  | SOLE |  | 10242 | 0 | 0 |
| Oracle Corp | Equities | 68389x105 |  | 12937 | 46 | SH |  | DFND |  | 46 | 0 | 0 |
| Oracle Corp | Equities | 68389x105 |  | 1344046 | 4779 | SH |  | SOLE |  | 4779 | 0 | 0 |
| OReilly Automotive Inc | Equities | 67103H107 |  | 25874 | 240 | SH |  | DFND |  | 240 | 0 | 0 |
| OReilly Automotive Inc | Equities | 67103H107 |  | 1504165 | 13952 | SH |  | SOLE |  | 13952 | 0 | 0 |
| Paychex Inc | Equities | 704326107 |  | 46394 | 366 | SH |  | DFND |  | 366 | 0 | 0 |
| Paychex Inc | Equities | 704326107 |  | 221830 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| PepsiCo Inc | Equities | 713448108 |  | 621166 | 4423 | SH |  | DFND |  | 4423 | 0 | 0 |
| PepsiCo Inc | Equities | 713448108 |  | 218244 | 1554 | SH |  | SOLE |  | 1554 | 0 | 0 |
| Phillips 66 | Equities | 718546104 |  | 17003 | 125 | SH |  | DFND |  | 125 | 0 | 0 |
| Phillips 66 | Equities | 718546104 |  | 193829 | 1425 | SH |  | SOLE |  | 1425 | 0 | 0 |
| Procter  Gamble Co | Equities | 742718109 |  | 623512 | 4058 | SH |  | DFND |  | 4058 | 0 | 0 |
| Procter  Gamble Co | Equities | 742718109 |  | 758724 | 4938 | SH |  | SOLE |  | 4938 | 0 | 0 |
| Roper Technologies Inc | Equities | 776696106 |  | 548559 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| RTX Corporation Com | Equities | 75513E101 |  | 1054346 | 6301 | SH |  | SOLE |  | 6301 | 0 | 0 |
| Servicenow Inc | Equities | 81762P102 |  | 11964 | 13 | SH |  | DFND |  | 13 | 0 | 0 |
| Servicenow Inc | Equities | 81762P102 |  | 653399 | 710 | SH |  | SOLE |  | 710 | 0 | 0 |
| Shell PLC | Equities | 780259305 |  | 18169 | 254 | SH |  | DFND |  | 254 | 0 | 0 |
| Shell PLC | Equities | 780259305 |  | 477820 | 6680 | SH |  | SOLE |  | 6680 | 0 | 0 |
| Southern Co | Equities | 842587107 |  | 325440 | 3434 | SH |  | SOLE |  | 3434 | 0 | 0 |
| SPDR Communication Services Sel | Equities | 81369Y852 |  | 1182635 | 9991 | SH |  | SOLE |  | 9991 | 0 | 0 |
| SPDR Consumer Discretionary Sel | Equities | 81369Y407 |  | 87469 | 365 | SH |  | DFND |  | 365 | 0 | 0 |
| SPDR Consumer Discretionary Sel | Equities | 81369Y407 |  | 3167801 | 13219 | SH |  | SOLE |  | 13219 | 0 | 0 |
| SPDR Consumer Staples Select Se | Equities | 81369Y308 |  | 106583 | 1360 | SH |  | DFND |  | 1360 | 0 | 0 |
| SPDR Consumer Staples Select Se | Equities | 81369Y308 |  | 1271553 | 16225 | SH |  | SOLE |  | 16225 | 0 | 0 |
| SPDR Energy Select Sector ETF | Equities | 81369Y506 |  | 306883 | 3435 | SH |  | DFND |  | 3130 | 0 | 305 |
| SPDR Energy Select Sector ETF | Equities | 81369Y506 |  | 488868 | 5472 | SH |  | SOLE |  | 5472 | 0 | 0 |
| SPDR Financial Select Sector ET | Equities | 81369Y605 |  | 268542 | 4985 | SH |  | DFND |  | 4985 | 0 | 0 |
| SPDR Financial Select Sector ET | Equities | 81369Y605 |  | 3602772 | 66879 | SH |  | SOLE |  | 66879 | 0 | 0 |
| SPDR Gold Shares ETF | Equities | 78463V107 |  | 598967 | 1685 | SH |  | DFND |  | 1685 | 0 | 0 |
| SPDR Health Care Select Sector | Equities | 81369Y209 |  | 153783 | 1105 | SH |  | DFND |  | 1105 | 0 | 0 |
| SPDR Health Care Select Sector | Equities | 81369Y209 |  | 2758628 | 19822 | SH |  | SOLE |  | 19822 | 0 | 0 |
| SPDR Industrial Select Sector E | Equities | 81369Y704 |  | 187389 | 1215 | SH |  | DFND |  | 1215 | 0 | 0 |
| SPDR Industrial Select Sector E | Equities | 81369Y704 |  | 2465212 | 15984 | SH |  | SOLE |  | 15984 | 0 | 0 |
| SPDR Materials Select Sector ET | Equities | 81369Y100 |  | 43018 | 480 | SH |  | DFND |  | 480 | 0 | 0 |
| SPDR Materials Select Sector ET | Equities | 81369Y100 |  | 443798 | 4952 | SH |  | SOLE |  | 4952 | 0 | 0 |
| SPDR Real Estate Select Sector | Equities | 81369Y860 |  | 12850 | 305 | SH |  | DFND |  | 305 | 0 | 0 |
| SPDR Real Estate Select Sector | Equities | 81369Y860 |  | 320019 | 7596 | SH |  | SOLE |  | 7596 | 0 | 0 |
| SPDR Technology Select Sector E | Equities | 81369Y803 |  | 727199 | 2580 | SH |  | DFND |  | 2580 | 0 | 0 |
| SPDR Technology Select Sector E | Equities | 81369Y803 |  | 11067515 | 39266 | SH |  | SOLE |  | 39266 | 0 | 0 |
| SPDR Utilities Select Sector ET | Equities | 81369Y886 |  | 123838 | 1420 | SH |  | DFND |  | 1420 | 0 | 0 |
| SPDR Utilities Select Sector ET | Equities | 81369Y886 |  | 589016 | 6754 | SH |  | SOLE |  | 6754 | 0 | 0 |
| SS Technologies Hldgs Inc | Equities | 78467J100 |  | 28137 | 317 | SH |  | DFND |  | 317 | 0 | 0 |
| SS Technologies Hldgs Inc | Equities | 78467J100 |  | 1022870 | 11524 | SH |  | SOLE |  | 11524 | 0 | 0 |
| Taiwan Semiconductor Manufactur | Equities | 874039100 |  | 38263 | 137 | SH |  | DFND |  | 137 | 0 | 0 |
| Taiwan Semiconductor Manufactur | Equities | 874039100 |  | 1266022 | 4533 | SH |  | SOLE |  | 4533 | 0 | 0 |
| Tesla Inc | Equities | 88160R101 |  | 242817 | 546 | SH |  | DFND |  | 546 | 0 | 0 |
| Tesla Inc | Equities | 88160R101 |  | 22236 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| The Home Depot Inc | Equities | 437076102 |  | 159240 | 393 | SH |  | DFND |  | 393 | 0 | 0 |
| The Home Depot Inc | Equities | 437076102 |  | 1200983 | 2964 | SH |  | SOLE |  | 2964 | 0 | 0 |
| The Kroger Co | Equities | 501044101 |  | 142572 | 2115 | SH |  | DFND |  | 2115 | 0 | 0 |
| The Kroger Co | Equities | 501044101 |  | 2843286 | 42179 | SH |  | SOLE |  | 42179 | 0 | 0 |
| The Williams Companies Inc | Equities | 969457100 |  | 10516 | 166 | SH |  | DFND |  | 166 | 0 | 0 |
| The Williams Companies Inc | Equities | 969457100 |  | 516366 | 8151 | SH |  | SOLE |  | 8151 | 0 | 0 |
| Uber Technologies Inc | Equities | 90353t100 |  | 8817 | 90 | SH |  | DFND |  | 90 | 0 | 0 |
| Uber Technologies Inc | Equities | 90353t100 |  | 444686 | 4539 | SH |  | SOLE |  | 4539 | 0 | 0 |
| UBS Group AG | Equities | H42097107 |  | 28167 | 687 | SH |  | DFND |  | 687 | 0 | 0 |
| UBS Group AG | Equities | H42097107 |  | 578715 | 14115 | SH |  | SOLE |  | 14115 | 0 | 0 |
| Vanguard FTSE Developed Markets | Equities | 921943858 |  | 822821 | 13732 | SH |  | SOLE |  | 13732 | 0 | 0 |
| Vanguard Real Estate ETF | Equities | 922908553 |  | 627781 | 6867 | SH |  | SOLE |  | 6867 | 0 | 0 |
| Visa Inc Cl A | Equities | 92826C839 |  | 50183 | 147 | SH |  | DFND |  | 147 | 0 | 0 |
| Visa Inc Cl A | Equities | 92826C839 |  | 1746159 | 5115 | SH |  | SOLE |  | 5115 | 0 | 0 |
| Vistra Corp | Equities | 92840M102 |  | 18221 | 93 | SH |  | DFND |  | 93 | 0 | 0 |
| Vistra Corp | Equities | 92840M102 |  | 844807 | 4312 | SH |  | SOLE |  | 4312 | 0 | 0 |
| Walmart Inc | Equities | 931142103 |  | 2035126 | 19747 | SH |  | DFND |  | 19747 | 0 | 0 |
| Walmart Inc | Equities | 931142103 |  | 3367589 | 32676 | SH |  | SOLE |  | 32676 | 0 | 0 |
| Waste Management Inc Del | Equities | 94106L109 |  | 18108 | 82 | SH |  | DFND |  | 82 | 0 | 0 |
| Waste Management Inc Del | Equities | 94106L109 |  | 814421 | 3688 | SH |  | SOLE |  | 3688 | 0 | 0 |
| Wells Fargo  Co New | Equities | 949746101 |  | 451622 | 5388 | SH |  | DFND |  | 5388 | 0 | 0 |
| Wells Fargo  Co New | Equities | 949746101 |  | 53729 | 641 | SH |  | SOLE |  | 641 | 0 | 0 |
| Zscaler Inc Com | Equities | 98980G102 |  | 20677 | 69 | SH |  | DFND |  | 69 | 0 | 0 |
| Zscaler Inc Com | Equities | 98980G102 |  | 940033 | 3137 | SH |  | SOLE |  | 3137 | 0 | 0 |

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