# EDGAR Filing Document

**Accession Number:** 0002111359
**File Stem:** 0002111359-26-000005
**Filing Date:** 2026-5
**Character Count:** 64815
**Document Hash:** 900307556a8e2aa522ae9ae2fb893325
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002111359-26-000005.hdr.sgml**: 20260514

**ACCESSION NUMBER**: 0002111359-26-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260514

**DATE AS OF CHANGE**: 20260513

**EFFECTIVENESS DATE**: 20260514

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Frec Markets, Inc.
- **CENTRAL INDEX KEY:** 0002111359

**ORGANIZATION NAME:**
- **EIN:** 872201706
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26411
- **FILM NUMBER:** 26975157

**BUSINESS ADDRESS:**
- **STREET 1:** 171 2ND STREET
- **STREET 2:** 3RD FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 855-900-3732

**MAIL ADDRESS:**
- **STREET 1:** 171 2ND STREET
- **STREET 2:** 3RD FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

### FORM 13F COVER PAGE

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

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Frec Markets Inc.<br>**Address:** 171 2ND STREET<br>3RD FLOOR<br>SAN FRANCISCO, CA 94105

**Form 13F File Number:** 028-26411

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:** Ashley Rodabaugh<br>**Title:** CCO<br>**Phone:** 855-900-3732

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

Frec Advisers LLC  San Francisco, CA  05-13-2026<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:** 1

**Form 13F Information Table Entry Total:** 644

**Form 13F Information Table Value Total:** $587243150

      (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   |
|:---|:---|:---|
|  | Frec Advisers LLC | 028-26619              |

### 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 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 259639 | 2218 | SH |  | DFND | 1 | 2218 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 394178 | 5493 | SH |  | DFND | 1 | 5493 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 352913 | 8996 | SH |  | DFND | 1 | 8996 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 624508 | 3012 | SH |  | DFND | 1 | 3012 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1414562 | 11275 | SH |  | DFND | 1 | 11275 | 0 | 0 |
| ALCOA CORP | COM | 013872106 |  | 275933 | 4160 | SH |  | DFND | 1 | 4160 | 0 | 0 |
| ALIGHT INC | COM CL A | 01626W101 |  | 19705 | 33817 | SH |  | DFND | 1 | 33817 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 249602 | 1456 | SH |  | DFND | 1 | 1456 | 0 | 0 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 236459 | 814 | SH |  | DFND | 1 | 814 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 490687 | 7556 | SH |  | DFND | 1 | 7556 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 363189 | 2023 | SH |  | DFND | 1 | 2023 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 659928 | 5746 | SH |  | DFND | 1 | 5746 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 546192 | 4792 | SH |  | DFND | 1 | 4792 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 3440001 | 16910 | SH |  | DFND | 1 | 16910 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 682543 | 5405 | SH |  | DFND | 1 | 5405 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 241442 | 3203 | SH |  | DFND | 1 | 3203 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 914687 | 8909 | SH |  | DFND | 1 | 8909 | 0 | 0 |
| ASE TECHNOLOGY HLDG CO LTD | SPONSORED ADS | 00215W100 |  | 449210 | 20720 | SH |  | DFND | 1 | 20720 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 693264 | 2852 | SH |  | DFND | 1 | 2852 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2386735 | 10974 | SH |  | DFND | 1 | 10974 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 725841 | 6616 | SH |  | DFND | 1 | 6616 | 0 | 0 |
| ACV AUCTIONS INC | COM CL A | 00091G104 |  | 93242 | 21991 | SH |  | DFND | 1 | 21991 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 1571345 | 54203 | SH |  | DFND | 1 | 54203 | 0 | 0 |
| AMC ENTMT HLDGS INC | CL A NEW | 00165C302 |  | 16299 | 16632 | SH |  | DFND | 1 | 16632 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 135217 | 20581 | SH |  | DFND | 1 | 20581 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 350699 | 6228 | SH |  | DFND | 1 | 6228 | 0 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 200492 | 7747 | SH |  | DFND | 1 | 7747 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1898673 | 2680 | SH |  | DFND | 1 | 2680 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 253390 | 806 | SH |  | DFND | 1 | 806 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 471405 | 4827 | SH |  | DFND | 1 | 4827 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 1134543 | 4083 | SH |  | DFND | 1 | 4083 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 423465 | 2004 | SH |  | DFND | 1 | 2004 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 940244 | 5154 | SH |  | DFND | 1 | 5154 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 729582 | 17773 | SH |  | DFND | 1 | 17773 | 0 | 0 |
| CNA FINL CORP | COM | 126117100 |  | 326767 | 7116 | SH |  | DFND | 1 | 7116 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 381972 | 10870 | SH |  | DFND | 1 | 10870 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 749370 | 10434 | SH |  | DFND | 1 | 10434 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 473481 | 1775 | SH |  | DFND | 1 | 1775 | 0 | 0 |
| CF INDUSTRIES HOLD | COM | 125269100 |  | 214496 | 1652 | SH |  | DFND | 1 | 1652 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 326301 | 4206 | SH |  | DFND | 1 | 4206 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 749303 | 2537 | SH |  | DFND | 1 | 2537 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 315079 | 1121 | SH |  | DFND | 1 | 1121 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 |  | 262907 | 808 | SH |  | DFND | 1 | 808 | 0 | 0 |
| CCC INTELLIGENT SOLUTIONS HL | COM | 12510Q100 |  | 155190 | 25865 | SH |  | DFND | 1 | 25865 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 232991 | 1720 | SH |  | DFND | 1 | 1720 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 221785 | 1365 | SH |  | DFND | 1 | 1365 | 0 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 237571 | 8249 | SH |  | DFND | 1 | 8249 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 238563 | 5367 | SH |  | DFND | 1 | 5367 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 13938783 | 45035 | SH |  | DFND | 1 | 45035 | 0 | 0 |
| BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 |  | 280474 | 3415 | SH |  | DFND | 1 | 3415 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 637666 | 10162 | SH |  | DFND | 1 | 10162 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 369940 | 6327 | SH |  | DFND | 1 | 6327 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1525226 | 25148 | SH |  | DFND | 1 | 25148 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 744173 | 3739 | SH |  | DFND | 1 | 3739 | 0 | 0 |
| BLUE OWL CAPITAL INC | COM CL A | 09581B103 |  | 696281 | 76263 | SH |  | DFND | 1 | 76263 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 898654 | 16562 | SH |  | DFND | 1 | 16562 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 433663 | 103 | SH |  | DFND | 1 | 103 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 1122067 | 9914 | SH |  | DFND | 1 | 9914 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1103652 | 8361 | SH |  | DFND | 1 | 8361 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 239239 | 3346 | SH |  | DFND | 1 | 3346 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 458249 | 1641 | SH |  | DFND | 1 | 1641 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 898537 | 31297 | SH |  | DFND | 1 | 31297 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 1042516 | 756 | SH |  | DFND | 1 | 756 | 0 | 0 |
| CONDUENT INC | COM | 206787103 |  | 60323 | 47127 | SH |  | DFND | 1 | 47127 | 0 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 442505 | 8994 | SH |  | DFND | 1 | 8994 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 314996 | 1804 | SH |  | DFND | 1 | 1804 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 226061 | 949 | SH |  | DFND | 1 | 949 | 0 | 0 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 |  | 221049 | 4033 | SH |  | DFND | 1 | 4033 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 987134 | 11582 | SH |  | DFND | 1 | 11582 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2880698 | 37879 | SH |  | DFND | 1 | 37879 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 288952 | 1507 | SH |  | DFND | 1 | 1507 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 293192 | 4779 | SH |  | DFND | 1 | 4779 | 0 | 0 |
| CODEXIS INC | COM | 192005106 |  | 59092 | 36253 | SH |  | DFND | 1 | 36253 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 697931 | 11638 | SH |  | DFND | 1 | 11638 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 2215124 | 19532 | SH |  | DFND | 1 | 19532 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 564959 | 2738 | SH |  | DFND | 1 | 2738 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 247959 | 6311 | SH |  | DFND | 1 | 6311 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 398862 | 2758 | SH |  | DFND | 1 | 2758 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 310464 | 3254 | SH |  | DFND | 1 | 3254 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 416084 | 2460 | SH |  | DFND | 1 | 2460 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 2716659 | 35013 | SH |  | DFND | 1 | 35013 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 533417 | 5716 | SH |  | DFND | 1 | 5716 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 331720 | 10363 | SH |  | DFND | 1 | 10363 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 200621 | 1275 | SH |  | DFND | 1 | 1275 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 1014445 | 2613 | SH |  | DFND | 1 | 2613 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 343985 | 7970 | SH |  | DFND | 1 | 7970 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 575929 | 17591 | SH |  | DFND | 1 | 17591 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 2681838 | 12962 | SH |  | DFND | 1 | 12962 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 228711 | 806 | SH |  | DFND | 1 | 806 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 258567 | 2370 | SH |  | DFND | 1 | 2370 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 338881 | 4662 | SH |  | DFND | 1 | 4662 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 349920 | 2440 | SH |  | DFND | 1 | 2440 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 1294715 | 10545 | SH |  | DFND | 1 | 10545 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 3650659 | 10681 | SH |  | DFND | 1 | 10681 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 38701452 | 152494 | SH |  | DFND | 1 | 152494 | 0 | 0 |
| ARAMARK | COM | 03852U106 |  | 309482 | 7634 | SH |  | DFND | 1 | 7634 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 502674 | 1263 | SH |  | DFND | 1 | 1263 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 266988 | 912 | SH |  | DFND | 1 | 912 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 220858 | 5204 | SH |  | DFND | 1 | 5204 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 399106 | 3582 | SH |  | DFND | 1 | 3582 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 596791 | 14062 | SH |  | DFND | 1 | 14062 | 0 | 0 |
| AMPLITUDE INC | COM CL A | 03213A104 |  | 85045 | 12470 | SH |  | DFND | 1 | 12470 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 2770982 | 21931 | SH |  | DFND | 1 | 21931 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA NV | SPONSORED ADR | 03524A108 |  | 339150 | 4889 | SH |  | DFND | 1 | 4889 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 2021780 | 6355 | SH |  | DFND | 1 | 6355 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 321301 | 723 | SH |  | DFND | 1 | 723 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 421262 | 1341 | SH |  | DFND | 1 | 1341 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1155827 | 3285 | SH |  | DFND | 1 | 3285 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 745544 | 3478 | SH |  | DFND | 1 | 3478 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 349302 | 2024 | SH |  | DFND | 1 | 2024 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 505605 | 6719 | SH |  | DFND | 1 | 6719 | 0 | 0 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 |  | 139938 | 12211 | SH |  | DFND | 1 | 12211 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 239654 | 1761 | SH |  | DFND | 1 | 1761 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 302170 | 2749 | SH |  | DFND | 1 | 2749 | 0 | 0 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 76174 | 26087 | SH |  | DFND | 1 | 26087 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1091650 | 3609 | SH |  | DFND | 1 | 3609 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 827115 | 6310 | SH |  | DFND | 1 | 6310 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 13694757 | 47624 | SH |  | DFND | 1 | 47624 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 10581692 | 36888 | SH |  | DFND | 1 | 36888 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 14109876 | 67748 | SH |  | DFND | 1 | 67748 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 965698 | 14634 | SH |  | DFND | 1 | 14634 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 |  | 273198 | 3936 | SH |  | DFND | 1 | 3936 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 481791 | 2628 | SH |  | DFND | 1 | 2628 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 678006 | 705 | SH |  | DFND | 1 | 705 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1078146 | 9376 | SH |  | DFND | 1 | 9376 | 0 | 0 |
| BHP BILLITON LIMITED | SPONSORED ADS | 088606108 |  | 518200 | 7124 | SH |  | DFND | 1 | 7124 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 404588 | 6302 | SH |  | DFND | 1 | 6302 | 0 | 0 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 |  | 267311 | 4732 | SH |  | DFND | 1 | 4732 | 0 | 0 |
| BEYOND MEAT INC | COM | 08862E109 |  | 20930 | 29832 | SH |  | DFND | 1 | 29832 | 0 | 0 |
| BARCLAYS PLC | ADR | 06738E204 |  | 211939 | 10016 | SH |  | DFND | 1 | 10016 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 309758 | 6750 | SH |  | DFND | 1 | 6750 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5356498 | 11178 | SH |  | DFND | 1 | 11178 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 444332 | 2826 | SH |  | DFND | 1 | 2826 | 0 | 0 |
| BANCO SANTANDER SA | ADR | 05964H105 |  | 645216 | 57200 | SH |  | DFND | 1 | 57200 | 0 | 0 |
| BANCO BILBAO VIZCAYA ARGENTA | SPONSORED ADR | 05946K101 |  | 387801 | 17904 | SH |  | DFND | 1 | 17904 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1109191 | 9350 | SH |  | DFND | 1 | 9350 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 2303681 | 47255 | SH |  | DFND | 1 | 47255 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 208717 | 3531 | SH |  | DFND | 1 | 3531 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 484188 | 7931 | SH |  | DFND | 1 | 7931 | 0 | 0 |
| BANCO BRADESCO S A | SPONSORED ADR | 059460402 |  | 36989 | 11243 | SH |  | DFND | 1 | 11243 | 0 | 0 |
| BANCO BRADESCO S A | SP ADR PFD NEW | 059460303 |  | 80183 | 21968 | SH |  | DFND | 1 | 21968 | 0 | 0 |
| AVINO SILVER  GOLD MINES LT | COM | 053906103 |  | 75840 | 12000 | SH |  | DFND | 1 | 12000 | 0 | 0 |
| AVNET INC | COM | 053807103 |  | 336753 | 5465 | SH |  | DFND | 1 | 5465 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 318801 | 6783 | SH |  | DFND | 1 | 6783 | 0 | 0 |
| BOK FINL CORP | COM NEW | 05561Q201 |  | 377905 | 2951 | SH |  | DFND | 1 | 2951 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 811907 | 3996 | SH |  | DFND | 1 | 3996 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 598500 | 2500 | SH |  | DFND | 1 | 2500 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 272144 | 1576 | SH |  | DFND | 1 | 1576 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 630368 | 3859 | SH |  | DFND | 1 | 3859 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 240445 | 3523 | SH |  | DFND | 1 | 3523 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 289283 | 5202 | SH |  | DFND | 1 | 5202 | 0 | 0 |
| AURORA INNOVATION INC | CLASS A COM | 051774107 |  | 105942 | 25714 | SH |  | DFND | 1 | 25714 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 298877 | 1618 | SH |  | DFND | 1 | 1618 | 0 | 0 |
| STAG INDUSTRIAL INC | COM | 85254J102 |  | 254908 | 7069 | SH |  | DFND | 1 | 7069 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 2093843 | 34793 | SH |  | DFND | 1 | 34793 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 550663 | 4351 | SH |  | DFND | 1 | 4351 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 673717 | 7520 | SH |  | DFND | 1 | 7520 | 0 | 0 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 323086 | 15608 | SH |  | DFND | 1 | 15608 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 249909 | 1657 | SH |  | DFND | 1 | 1657 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 312222 | 4048 | SH |  | DFND | 1 | 4048 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1198296 | 12415 | SH |  | DFND | 1 | 12415 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 301638 | 941 | SH |  | DFND | 1 | 941 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 1450213 | 13871 | SH |  | DFND | 1 | 13871 | 0 | 0 |
| SMITH A O CORP | COM | 831865209 |  | 339921 | 5155 | SH |  | DFND | 1 | 5155 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 853002 | 4573 | SH |  | DFND | 1 | 4573 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 990831 | 10543 | SH |  | DFND | 1 | 10543 | 0 | 0 |
| SCHRODINGER INC | COM | 80810D103 |  | 188905 | 16629 | SH |  | DFND | 1 | 16629 | 0 | 0 |
| SENTINELONE INC | CL A | 81730H109 |  | 276778 | 21489 | SH |  | DFND | 1 | 21489 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 679121 | 6989 | SH |  | DFND | 1 | 6989 | 0 | 0 |
| SANOFI SA | SPONSORED ADR | 80105N105 |  | 251596 | 5222 | SH |  | DFND | 1 | 5222 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 763043 | 1201 | SH |  | DFND | 1 | 1201 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 502594 | 9780 | SH |  | DFND | 1 | 9780 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 489832 | 2861 | SH |  | DFND | 1 | 2861 | 0 | 0 |
| SM ENERGY COMPANY | COM | 78454L100 |  | 310740 | 9966 | SH |  | DFND | 1 | 9966 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 372497 | 4747 | SH |  | DFND | 1 | 4747 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1648109 | 8829 | SH |  | DFND | 1 | 8829 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 26870 | 18531 | SH |  | DFND | 1 | 18531 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1000181 | 4617 | SH |  | DFND | 1 | 4617 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 617132 | 1744 | SH |  | DFND | 1 | 1744 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 594625 | 1398 | SH |  | DFND | 1 | 1398 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 861180 | 9260 | SH |  | DFND | 1 | 9260 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 288343 | 5098 | SH |  | DFND | 1 | 5098 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 309563 | 4467 | SH |  | DFND | 1 | 4467 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 282080 | 786 | SH |  | DFND | 1 | 786 | 0 | 0 |
| ROCKET PHARMACEUTICALS INC | COM | 77313F106 |  | 65070 | 18176 | SH |  | DFND | 1 | 18176 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 221900 | 1626 | SH |  | DFND | 1 | 1626 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 224805 | 8480 | SH |  | DFND | 1 | 8480 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 780257 | 3786 | SH |  | DFND | 1 | 3786 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 374040 | 4003 | SH |  | DFND | 1 | 4003 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1170824 | 2382 | SH |  | DFND | 1 | 2382 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 522821 | 5971 | SH |  | DFND | 1 | 5971 | 0 | 0 |
| TIMKEN CO | COM | 887389104 |  | 245391 | 2440 | SH |  | DFND | 1 | 2440 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 424798 | 2925 | SH |  | DFND | 1 | 2925 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1849960 | 9529 | SH |  | DFND | 1 | 9529 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 7163623 | 19270 | SH |  | DFND | 1 | 19270 | 0 | 0 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 213691 | 1294 | SH |  | DFND | 1 | 1294 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 624521 | 1316 | SH |  | DFND | 1 | 1316 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 208728 | 345 | SH |  | DFND | 1 | 345 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 388632 | 1550 | SH |  | DFND | 1 | 1550 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 724845 | 2445 | SH |  | DFND | 1 | 2445 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 300804 | 1594 | SH |  | DFND | 1 | 1594 | 0 | 0 |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 874060205 |  | 213536 | 11530 | SH |  | DFND | 1 | 11530 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 9030024 | 26720 | SH |  | DFND | 1 | 26720 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 843310 | 6958 | SH |  | DFND | 1 | 6958 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 354186 | 2510 | SH |  | DFND | 1 | 2510 | 0 | 0 |
| TFS FINL CORP | COM | 87240R107 |  | 247350 | 17605 | SH |  | DFND | 1 | 17605 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 402515 | 5643 | SH |  | DFND | 1 | 5643 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 907540 | 4321 | SH |  | DFND | 1 | 4321 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 2492598 | 15608 | SH |  | DFND | 1 | 15608 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 538420 | 1358 | SH |  | DFND | 1 | 1358 | 0 | 0 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 138635 | 26712 | SH |  | DFND | 1 | 26712 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 401590 | 5904 | SH |  | DFND | 1 | 5904 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 214093 | 1269 | SH |  | DFND | 1 | 1269 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 657180 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 358740 | 1993 | SH |  | DFND | 1 | 1993 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 384934 | 3056 | SH |  | DFND | 1 | 3056 | 0 | 0 |
| SUMITOMO MITSUI FIN GRP INC | SPONSORED ADR | 86562M209 |  | 405171 | 20515 | SH |  | DFND | 1 | 20515 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 365118 | 3624 | SH |  | DFND | 1 | 3624 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 412501 | 4037 | SH |  | DFND | 1 | 4037 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 230387 | 12562 | SH |  | DFND | 1 | 12562 | 0 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72348N109 |  | 209234 | 2429 | SH |  | DFND | 1 | 2429 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1577731 | 56187 | SH |  | DFND | 1 | 56187 | 0 | 0 |
| PETROLEO BRASILEIRO S A | SP ADR NON VTG | 71654V101 |  | 227288 | 12122 | SH |  | DFND | 1 | 0 | 0 | 12122 |
| PHILLIPS 66 | COM | 718546104 |  | 981039 | 5385 | SH |  | DFND | 1 | 5385 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1878262 | 11360 | SH |  | DFND | 1 | 11360 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 |  | 331899 | 3072 | SH |  | DFND | 1 | 3072 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 1052932 | 11430 | SH |  | DFND | 1 | 11430 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 2491162 | 16042 | SH |  | DFND | 1 | 16042 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 766875 | 16955 | SH |  | DFND | 1 | 16955 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 907411 | 5660 | SH |  | DFND | 1 | 5660 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 3529444 | 24128 | SH |  | DFND | 1 | 24128 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 661582 | 739 | SH |  | DFND | 1 | 739 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 249192 | 23665 | SH |  | DFND | 1 | 23665 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 495760 | 12978 | SH |  | DFND | 1 | 12978 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 602004 | 2893 | SH |  | DFND | 1 | 2893 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 360137 | 1697 | SH |  | DFND | 1 | 1697 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 447909 | 3878 | SH |  | DFND | 1 | 3878 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 330134 | 4283 | SH |  | DFND | 1 | 4283 | 0 | 0 |
| ORIX CORP | SPONSORED ADR | 686330101 |  | 216498 | 7219 | SH |  | DFND | 1 | 7219 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 867238 | 49359 | SH |  | DFND | 1 | 49359 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 592353 | 9979 | SH |  | DFND | 1 | 9979 | 0 | 0 |
| OPKO HEALTH INC | COM | 68375N103 |  | 12018 | 10542 | SH |  | DFND | 1 | 10542 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 213478 | 1041 | SH |  | DFND | 1 | 1041 | 0 | 0 |
| ORCHESTRA BIOMED HLDGS INC | COM | 68572M106 |  | 55454 | 13048 | SH |  | DFND | 1 | 13048 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2452912 | 16674 | SH |  | DFND | 1 | 16674 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 243281 | 8183 | SH |  | DFND | 1 | 8183 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 307150 | 7698 | SH |  | DFND | 1 | 7698 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 490637 | 5428 | SH |  | DFND | 1 | 5428 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 571026 | 9222 | SH |  | DFND | 1 | 9222 | 0 | 0 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 211403 | 6459 | SH |  | DFND | 1 | 6459 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 399503 | 5406 | SH |  | DFND | 1 | 5406 | 0 | 0 |
| ROBERT HALF INC. | COM | 770323103 |  | 200812 | 7906 | SH |  | DFND | 1 | 7906 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 437903 | 4694 | SH |  | DFND | 1 | 4694 | 0 | 0 |
| RELIANCE INC | COM | 759509102 |  | 219734 | 723 | SH |  | DFND | 1 | 723 | 0 | 0 |
| REINSURANCE GROUP AMER INC | COM NEW | 759351604 |  | 497742 | 2438 | SH |  | DFND | 1 | 2438 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 202930 | 904 | SH |  | DFND | 1 | 904 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 603619 | 2756 | SH |  | DFND | 1 | 2756 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 520843 | 6884 | SH |  | DFND | 1 | 6884 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 793688 | 12973 | SH |  | DFND | 1 | 12973 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 514590 | 19701 | SH |  | DFND | 1 | 19701 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 809727 | 1048 | SH |  | DFND | 1 | 1048 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 267330 | 5917 | SH |  | DFND | 1 | 5917 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 207082 | 602 | SH |  | DFND | 1 | 602 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 1917040 | 9938 | SH |  | DFND | 1 | 9938 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 226596 | 1565 | SH |  | DFND | 1 | 1565 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 300103 | 2601 | SH |  | DFND | 1 | 2601 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 216050 | 1837 | SH |  | DFND | 1 | 1837 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 646746 | 1178 | SH |  | DFND | 1 | 1178 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 1522308 | 11821 | SH |  | DFND | 1 | 11821 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 392714 | 4020 | SH |  | DFND | 1 | 4020 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 286657 | 4267 | SH |  | DFND | 1 | 4267 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 224560 | 829 | SH |  | DFND | 1 | 829 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 383784 | 4741 | SH |  | DFND | 1 | 4741 | 0 | 0 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 342285 | 6005 | SH |  | DFND | 1 | 6005 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 2640797 | 18283 | SH |  | DFND | 1 | 18283 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1062198 | 8036 | SH |  | DFND | 1 | 8036 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 1026487 | 5178 | SH |  | DFND | 1 | 5178 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 332346 | 3687 | SH |  | DFND | 1 | 3687 | 0 | 0 |
| POPULAR INC | COM NEW | 733174700 |  | 370712 | 2763 | SH |  | DFND | 1 | 2763 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 618695 | 6866 | SH |  | DFND | 1 | 6866 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 |  | 287802 | 1149 | SH |  | DFND | 1 | 1149 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 927296 | 2367 | SH |  | DFND | 1 | 2367 | 0 | 0 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 215193 | 4486 | SH |  | DFND | 1 | 4486 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 1229270 | 17782 | SH |  | DFND | 1 | 17782 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 1119511 | 5356 | SH |  | DFND | 1 | 5356 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL A | G61188101 |  | 538368 | 44530 | SH |  | DFND | 1 | 44530 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 604730 | 6979 | SH |  | DFND | 1 | 6979 | 0 | 0 |
| NVENT ELEC PLC | SHS | G6700G107 |  | 214915 | 1817 | SH |  | DFND | 1 | 1817 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 122649 | 10456 | SH |  | DFND | 1 | 10456 | 0 | 0 |
| INVESCO LTD | SHS | G491BT108 |  | 303795 | 12507 | SH |  | DFND | 1 | 12507 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 779899 | 15182 | SH |  | DFND | 1 | 15182 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 1621135 | 3270 | SH |  | DFND | 1 | 3270 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 738034 | 5636 | SH |  | DFND | 1 | 5636 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 291223 | 891 | SH |  | DFND | 1 | 891 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1042608 | 2915 | SH |  | DFND | 1 | 2915 | 0 | 0 |
| GLOBALFOUNDRIES INC | ORDINARY SHARES | G39387108 |  | 253447 | 5698 | SH |  | DFND | 1 | 5698 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 243205 | 6529 | SH |  | DFND | 1 | 6529 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 833611 | 4204 | SH |  | DFND | 1 | 4204 | 0 | 0 |
| BIOHAVEN LTD | COM | G1110E107 |  | 217261 | 25681 | SH |  | DFND | 1 | 25681 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 444552 | 4229 | SH |  | DFND | 1 | 4229 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 |  | 194084 | 76713 | SH |  | DFND | 1 | 76713 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 392897 | 4822 | SH |  | DFND | 1 | 4822 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 399414 | 4161 | SH |  | DFND | 1 | 4161 | 0 | 0 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 233649 | 2304 | SH |  | DFND | 1 | 2304 | 0 | 0 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 1037574 | 5261 | SH |  | DFND | 1 | 5261 | 0 | 0 |
| TOTALENERGIES SE | ACT | F92124100 |  | 539057 | 5925 | SH |  | DFND | 1 | 5925 | 0 | 0 |
| ZOOMINFO TECHNOLOGIES INC | COMMON STOCK | 98980F104 |  | 105368 | 17620 | SH |  | DFND | 1 | 17620 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 490948 | 1521 | SH |  | DFND | 1 | 1521 | 0 | 0 |
| AMDOCS LTD | SHS | G02602103 |  | 259213 | 3972 | SH |  | DFND | 1 | 3972 | 0 | 0 |
| ZIONS BANCORPORATION NATL AS | COM | 989701107 |  | 319157 | 5539 | SH |  | DFND | 1 | 5539 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 |  | 395882 | 9567 | SH |  | DFND | 1 | 9567 | 0 | 0 |
| ZIPRECRUITER INC | CL A | 98980B103 |  | 127961 | 69544 | SH |  | DFND | 1 | 69544 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 244104 | 2065 | SH |  | DFND | 1 | 2065 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 413603 | 2101 | SH |  | DFND | 1 | 2101 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | N53745100 |  | 568029 | 7051 | SH |  | DFND | 1 | 7051 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 459551 | 1670 | SH |  | DFND | 1 | 1670 | 0 | 0 |
| NANO X IMAGING LTD | ORD SHS | M70700105 |  | 116996 | 51540 | SH |  | DFND | 1 | 51540 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 437389 | 902 | SH |  | DFND | 1 | 902 | 0 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 285824 | 25984 | SH |  | DFND | 1 | 25984 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 2154274 | 1631 | SH |  | DFND | 1 | 1631 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 2356148 | 7229 | SH |  | DFND | 1 | 7229 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 636779 | 1528 | SH |  | DFND | 1 | 1528 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 |  | 364054 | 9318 | SH |  | DFND | 1 | 9318 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 428522 | 1847 | SH |  | DFND | 1 | 1847 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 248762 | 1311 | SH |  | DFND | 1 | 1311 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1566240 | 31200 | SH |  | DFND | 1 | 31200 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 639230 | 2551 | SH |  | DFND | 1 | 2551 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 685439 | 1535 | SH |  | DFND | 1 | 1535 | 0 | 0 |
| VALMONT INDS INC | COM | 920253101 |  | 210174 | 526 | SH |  | DFND | 1 | 526 | 0 | 0 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 133496 | 10871 | SH |  | DFND | 1 | 10871 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 487282 | 1962 | SH |  | DFND | 1 | 1962 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 740518 | 9055 | SH |  | DFND | 1 | 9055 | 0 | 0 |
| UWM HOLDINGS CORPORATION | COM CL A | 91823B109 |  | 87094 | 24059 | SH |  | DFND | 1 | 24059 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 324545 | 4444 | SH |  | DFND | 1 | 4444 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 638949 | 2586 | SH |  | DFND | 1 | 2586 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 283787 | 17837 | SH |  | DFND | 1 | 17837 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 226283 | 2454 | SH |  | DFND | 1 | 2454 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 257182 | 353 | SH |  | DFND | 1 | 353 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1351597 | 4995 | SH |  | DFND | 1 | 4995 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 319616 | 539 | SH |  | DFND | 1 | 539 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 268752 | 2919 | SH |  | DFND | 1 | 2919 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 798948 | 3293 | SH |  | DFND | 1 | 3293 | 0 | 0 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 608480 | 6185 | SH |  | DFND | 1 | 6185 | 0 | 0 |
| UNITED MICROELECTRONICS CORP | SPON ADR NEW | 910873405 |  | 99894 | 11124 | SH |  | DFND | 1 | 11124 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1167208 | 16227 | SH |  | DFND | 1 | 16227 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 941693 | 18106 | SH |  | DFND | 1 | 18106 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 298580 | 5241 | SH |  | DFND | 1 | 5241 | 0 | 0 |
| UNDER ARMOUR INC | CL C | 904311206 |  | 68235 | 11785 | SH |  | DFND | 1 | 11785 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 389628 | 1138 | SH |  | DFND | 1 | 1138 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 734049 | 15968 | SH |  | DFND | 1 | 15968 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 406407 | 12031 | SH |  | DFND | 1 | 12031 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 454000 | 7086 | SH |  | DFND | 1 | 7086 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 329145 | 284 | SH |  | DFND | 1 | 284 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 259440 | 2205 | SH |  | DFND | 1 | 2205 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 517274 | 7930 | SH |  | DFND | 1 | 7930 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 762743 | 2615 | SH |  | DFND | 1 | 2615 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 294568 | 2465 | SH |  | DFND | 1 | 2465 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 392592 | 4942 | SH |  | DFND | 1 | 4942 | 0 | 0 |
| ZENTEK LTD | COM | 98942X102 |  | 15885 | 30097 | SH |  | DFND | 1 | 30097 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 389788 | 2507 | SH |  | DFND | 1 | 2507 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 328048 | 2525 | SH |  | DFND | 1 | 2525 | 0 | 0 |
| WIPRO LTD | SPON ADR 1 SH | 97651M109 |  | 64984 | 30653 | SH |  | DFND | 1 | 30653 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 202506 | 2493 | SH |  | DFND | 1 | 2493 | 0 | 0 |
| WORLD KINECT CORPORATION | COM | 981475106 |  | 206938 | 8970 | SH |  | DFND | 1 | 8970 | 0 | 0 |
| WEYERHAEUSER CO | COM NEW | 962166104 |  | 595432 | 24373 | SH |  | DFND | 1 | 24373 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 126349 | 14473 | SH |  | DFND | 1 | 14473 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 210494 | 1515 | SH |  | DFND | 1 | 1515 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 737989 | 10140 | SH |  | DFND | 1 | 10140 | 0 | 0 |
| WENDYS CO | COM | 95058W100 |  | 452042 | 65042 | SH |  | DFND | 1 | 65042 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 991120 | 5013 | SH |  | DFND | 1 | 5013 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 2021913 | 7475 | SH |  | DFND | 1 | 7475 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 288122 | 1053 | SH |  | DFND | 1 | 1053 | 0 | 0 |
| WEAVE COMMUNICATIONS INC | COM | 94724R108 |  | 133088 | 28807 | SH |  | DFND | 1 | 28807 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 222754 | 748 | SH |  | DFND | 1 | 748 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 1450335 | 18218 | SH |  | DFND | 1 | 18218 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 290523 | 4185 | SH |  | DFND | 1 | 4185 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 5248717 | 42233 | SH |  | DFND | 1 | 42233 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 698998 | 2797 | SH |  | DFND | 1 | 2797 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 842870 | 3668 | SH |  | DFND | 1 | 3668 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 473053 | 17227 | SH |  | DFND | 1 | 17227 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 287277 | 1055 | SH |  | DFND | 1 | 1055 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 |  | 221929 | 8539 | SH |  | DFND | 1 | 8539 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 488897 | 4223 | SH |  | DFND | 1 | 4223 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 284141 | 4181 | SH |  | DFND | 1 | 4181 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 478865 | 17528 | SH |  | DFND | 1 | 17528 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 262297 | 19415 | SH |  | DFND | 1 | 19415 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 436107 | 2901 | SH |  | DFND | 1 | 2901 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 3014542 | 9974 | SH |  | DFND | 1 | 9974 | 0 | 0 |
| GENERAL MILLS INC | COM | 370334104 |  | 626710 | 16838 | SH |  | DFND | 1 | 16838 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 2177935 | 7675 | SH |  | DFND | 1 | 7675 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1269382 | 9108 | SH |  | DFND | 1 | 9108 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 1270225 | 17050 | SH |  | DFND | 1 | 17050 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 605017 | 3821 | SH |  | DFND | 1 | 3821 | 0 | 0 |
| GAP INC | COM | 364760108 |  | 318690 | 13169 | SH |  | DFND | 1 | 13169 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 865601 | 2522 | SH |  | DFND | 1 | 2522 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1755402 | 2011 | SH |  | DFND | 1 | 2011 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 473276 | 6649 | SH |  | DFND | 1 | 6649 | 0 | 0 |
| FURY GOLD MINES LIMITED | COM | 36117T100 |  | 20346 | 33404 | SH |  | DFND | 1 | 33404 | 0 | 0 |
| GAMING  LEISURE P | COM | 36467J108 |  | 308948 | 6963 | SH |  | DFND | 1 | 6963 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 351726 | 1624 | SH |  | DFND | 1 | 1624 | 0 | 0 |
| FREEDOM HOLDING CORP | COM | 356390104 |  | 270926 | 1870 | SH |  | DFND | 1 | 1870 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 828519 | 15603 | SH |  | DFND | 1 | 15603 | 0 | 0 |
| FRESHWORKS INC | CLASS A COM | 358054104 |  | 82075 | 10221 | SH |  | DFND | 1 | 10221 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 1237025 | 21045 | SH |  | DFND | 1 | 21045 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 378766 | 32822 | SH |  | DFND | 1 | 32822 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 309845 | 4215 | SH |  | DFND | 1 | 4215 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 322835 | 5840 | SH |  | DFND | 1 | 5840 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 997229 | 12203 | SH |  | DFND | 1 | 12203 | 0 | 0 |
| FIRST HAWAIIAN INC | COM | 32051X108 |  | 236174 | 9585 | SH |  | DFND | 1 | 9585 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 423808 | 9122 | SH |  | DFND | 1 | 9122 | 0 | 0 |
| FIRSTENERGY CORP | COM | 337932107 |  | 551991 | 10896 | SH |  | DFND | 1 | 10896 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 408065 | 7313 | SH |  | DFND | 1 | 7313 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 1328908 | 3731 | SH |  | DFND | 1 | 3731 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 464244 | 4371 | SH |  | DFND | 1 | 4371 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 720256 | 15354 | SH |  | DFND | 1 | 15354 | 0 | 0 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 222763 | 955 | SH |  | DFND | 1 | 955 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 261601 | 15646 | SH |  | DFND | 1 | 15646 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5261157 | 31010 | SH |  | DFND | 1 | 31010 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 587656 | 12665 | SH |  | DFND | 1 | 12665 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 7118441 | 12442 | SH |  | DFND | 1 | 12442 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 855228 | 4036 | SH |  | DFND | 1 | 4036 | 0 | 0 |
| HUBSPOT INC | COM | 443573100 |  | 230675 | 945 | SH |  | DFND | 1 | 945 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 460819 | 1213 | SH |  | DFND | 1 | 1213 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 342453 | 21882 | SH |  | DFND | 1 | 21882 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 856202 | 3788 | SH |  | DFND | 1 | 3788 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1606299 | 4884 | SH |  | DFND | 1 | 4884 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 819516 | 3556 | SH |  | DFND | 1 | 3556 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 666845 | 34804 | SH |  | DFND | 1 | 34804 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 501296 | 21054 | SH |  | DFND | 1 | 21054 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 237410 | 1142 | SH |  | DFND | 1 | 1142 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 312262 | 4131 | SH |  | DFND | 1 | 4131 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 730400 | 2402 | SH |  | DFND | 1 | 2402 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 571212 | 4224 | SH |  | DFND | 1 | 4224 | 0 | 0 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 312550 | 1803 | SH |  | DFND | 1 | 1803 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 290450 | 17678 | SH |  | DFND | 1 | 17678 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 369907 | 3952 | SH |  | DFND | 1 | 3952 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 371137 | 19320 | SH |  | DFND | 1 | 19320 | 0 | 0 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 1005553 | 12190 | SH |  | DFND | 1 | 12190 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 661933 | 16977 | SH |  | DFND | 1 | 16977 | 0 | 0 |
| HALEON PLC | SPON ADS | 405552100 |  | 148178 | 14803 | SH |  | DFND | 1 | 14803 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 |  | 360290 | 2409 | SH |  | DFND | 1 | 2409 | 0 | 0 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 139180 | 14002 | SH |  | DFND | 1 | 14002 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 407883 | 16394 | SH |  | DFND | 1 | 16394 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 541387 | 1144 | SH |  | DFND | 1 | 1144 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 276298 | 3264 | SH |  | DFND | 1 | 3264 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1982155 | 2343 | SH |  | DFND | 1 | 2343 | 0 | 0 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 276299 | 1625 | SH |  | DFND | 1 | 1625 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 387238 | 355 | SH |  | DFND | 1 | 355 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 229762 | 3414 | SH |  | DFND | 1 | 3414 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 499414 | 9049 | SH |  | DFND | 1 | 9049 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 710135 | 8590 | SH |  | DFND | 1 | 8590 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 230744 | 1658 | SH |  | DFND | 1 | 1658 | 0 | 0 |
| DOLLAR GEN CORP | COM | 256677105 |  | 390978 | 3293 | SH |  | DFND | 1 | 3293 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 402843 | 8497 | SH |  | DFND | 1 | 8497 | 0 | 0 |
| DONALDSON INC | COM | 257651109 |  | 213109 | 2511 | SH |  | DFND | 1 | 2511 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 381677 | 6174 | SH |  | DFND | 1 | 6174 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 249449 | 1258 | SH |  | DFND | 1 | 1258 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 537395 | 2717 | SH |  | DFND | 1 | 2717 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 962836 | 9990 | SH |  | DFND | 1 | 9990 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 466023 | 2586 | SH |  | DFND | 1 | 2586 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 938003 | 5715 | SH |  | DFND | 1 | 5715 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 689479 | 1224 | SH |  | DFND | 1 | 1224 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 636196 | 12643 | SH |  | DFND | 1 | 12643 | 0 | 0 |
| DELTA AIR LINES INC | COM NEW | 247361702 |  | 520671 | 7832 | SH |  | DFND | 1 | 7832 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 443868 | 3760 | SH |  | DFND | 1 | 3760 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 500354 | 2639 | SH |  | DFND | 1 | 2639 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 259333 | 2591 | SH |  | DFND | 1 | 2591 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 257431 | 1675 | SH |  | DFND | 1 | 1675 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 381427 | 560 | SH |  | DFND | 1 | 560 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 854376 | 1588 | SH |  | DFND | 1 | 1588 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 299459 | 2048 | SH |  | DFND | 1 | 2048 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 274028 | 1997 | SH |  | DFND | 1 | 1997 | 0 | 0 |
| CRYOPORT INC | COM PAR $0.001 | 229050307 |  | 96528 | 11658 | SH |  | DFND | 1 | 11658 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 871786 | 2233 | SH |  | DFND | 1 | 2233 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 463467 | 3381 | SH |  | DFND | 1 | 3381 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 213889 | 5836 | SH |  | DFND | 1 | 5836 | 0 | 0 |
| COTY INC | COM CL A | 222070203 |  | 87238 | 43402 | SH |  | DFND | 1 | 43402 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 2870715 | 2881 | SH |  | DFND | 1 | 2881 | 0 | 0 |
| PODCASTONE INC | COM | 22275C105 |  | 33876 | 16606 | SH |  | DFND | 1 | 16606 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 341728 | 18100 | SH |  | DFND | 1 | 18100 | 0 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 567963 | 23804 | SH |  | DFND | 1 | 23804 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 228549 | 6884 | SH |  | DFND | 1 | 6884 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 575255 | 6872 | SH |  | DFND | 1 | 6872 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 1568006 | 11532 | SH |  | DFND | 1 | 11532 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 447465 | 1938 | SH |  | DFND | 1 | 1938 | 0 | 0 |
| EXELIXIS INC | COM | 30161Q104 |  | 325406 | 7587 | SH |  | DFND | 1 | 7587 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 257015 | 1960 | SH |  | DFND | 1 | 1960 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 212840 | 1486 | SH |  | DFND | 1 | 1486 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 253374 | 1047 | SH |  | DFND | 1 | 1047 | 0 | 0 |
| TELEFONAKTIEBOLAGET LM ERICS | ADR B SEK 10 | 294821608 |  | 206072 | 18285 | SH |  | DFND | 1 | 18285 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 741869 | 15134 | SH |  | DFND | 1 | 15134 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 690995 | 8435 | SH |  | DFND | 1 | 8435 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 555796 | 567 | SH |  | DFND | 1 | 567 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 426406 | 2368 | SH |  | DFND | 1 | 2368 | 0 | 0 |
| EQUITY LIFESTYLE PROPERTIES | COM | 29472R108 |  | 261665 | 4192 | SH |  | DFND | 1 | 4192 | 0 | 0 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 290274 | 7822 | SH |  | DFND | 1 | 7822 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 297539 | 403 | SH |  | DFND | 1 | 403 | 0 | 0 |
| ELEMENT SOLUTIONS INC | COM | 28618M106 |  | 277114 | 8117 | SH |  | DFND | 1 | 8117 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 791576 | 7045 | SH |  | DFND | 1 | 7045 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 438262 | 3345 | SH |  | DFND | 1 | 3345 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 1057671 | 14453 | SH |  | DFND | 1 | 14453 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 417651 | 1570 | SH |  | DFND | 1 | 1570 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 404274 | 1983 | SH |  | DFND | 1 | 1983 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 490650 | 6127 | SH |  | DFND | 1 | 6127 | 0 | 0 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 219147 | 1184 | SH |  | DFND | 1 | 1184 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 371845 | 3483 | SH |  | DFND | 1 | 3483 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 382648 | 4204 | SH |  | DFND | 1 | 4204 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 304212 | 3986 | SH |  | DFND | 1 | 3986 | 0 | 0 |
| ENI SPA | SPONSORED ADR | 26874R108 |  | 270483 | 4778 | SH |  | DFND | 1 | 4778 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 383254 | 8368 | SH |  | DFND | 1 | 8368 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 269324 | 4232 | SH |  | DFND | 1 | 4232 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 886648 | 6133 | SH |  | DFND | 1 | 6133 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 926143 | 4443 | SH |  | DFND | 1 | 4443 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 1134834 | 7558 | SH |  | DFND | 1 | 7558 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1418473 | 10833 | SH |  | DFND | 1 | 10833 | 0 | 0 |
| DOW HLDGS INC | COM | 260557103 |  | 552279 | 13260 | SH |  | DFND | 1 | 13260 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 249872 | 13284 | SH |  | DFND | 1 | 13284 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 62404 | 10349 | SH |  | DFND | 1 | 10349 | 0 | 0 |
| NATERA INC | COM | 632307104 |  | 481776 | 2409 | SH |  | DFND | 1 | 2409 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 273176 | 3218 | SH |  | DFND | 1 | 3218 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 514688 | 1186 | SH |  | DFND | 1 | 1186 | 0 | 0 |
| MORNINGSTAR INC | COM | 617700109 |  | 234810 | 1389 | SH |  | DFND | 1 | 1389 | 0 | 0 |
| MURPHY USA INC | COM | 626755102 |  | 219323 | 444 | SH |  | DFND | 1 | 444 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 464806 | 4195 | SH |  | DFND | 1 | 4195 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 778438 | 10743 | SH |  | DFND | 1 | 10743 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1058363 | 968 | SH |  | DFND | 1 | 968 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1842197 | 11194 | SH |  | DFND | 1 | 11194 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 473768 | 1086 | SH |  | DFND | 1 | 1086 | 0 | 0 |
| MIZUHO FINANCIAL GROUP INC | SPONSORED ADR | 60687Y109 |  | 299441 | 37713 | SH |  | DFND | 1 | 37713 | 0 | 0 |
| MITSUBISHI UFJ FINANCIAL GRO | SPONSORED ADS | 606822104 |  | 643231 | 37904 | SH |  | DFND | 1 | 37904 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 215153 | 879 | SH |  | DFND | 1 | 879 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 479507 | 8319 | SH |  | DFND | 1 | 8319 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 5707131 | 16893 | SH |  | DFND | 1 | 16893 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 654370 | 10128 | SH |  | DFND | 1 | 10128 | 0 | 0 |
| MIRA PHARMACEUTICALS INC | COM | 60458C104 |  | 23540 | 22000 | SH |  | DFND | 1 | 22000 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 265720 | 9490 | SH |  | DFND | 1 | 9490 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 234583 | 186 | SH |  | DFND | 1 | 186 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 721768 | 10206 | SH |  | DFND | 1 | 10206 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 |  | 260582 | 2088 | SH |  | DFND | 1 | 2088 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 23250008 | 62809 | SH |  | DFND | 1 | 62809 | 0 | 0 |
| MEDICAL PROPERTIES TRUST INC | COM | 58463J304 |  | 93869 | 20274 | SH |  | DFND | 1 | 20274 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 662866 | 766 | SH |  | DFND | 1 | 766 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 3225095 | 26811 | SH |  | DFND | 1 | 26811 | 0 | 0 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 314524 | 655 | SH |  | DFND | 1 | 655 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2658191 | 5320 | SH |  | DFND | 1 | 5320 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 564332 | 1754 | SH |  | DFND | 1 | 1754 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1415338 | 4554 | SH |  | DFND | 1 | 4554 | 0 | 0 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 370332 | 12059 | SH |  | DFND | 1 | 12059 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 422134 | 4573 | SH |  | DFND | 1 | 4573 | 0 | 0 |
| OGE ENERGY CORP | COM | 670837103 |  | 320613 | 6685 | SH |  | DFND | 1 | 6685 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 377513 | 1932 | SH |  | DFND | 1 | 1932 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 815945 | 12553 | SH |  | DFND | 1 | 12553 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 339384 | 2007 | SH |  | DFND | 1 | 2007 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 271031 | 7375 | SH |  | DFND | 1 | 7375 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 40889998 | 234461 | SH |  | DFND | 1 | 234461 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 |  | 386676 | 10173 | SH |  | DFND | 1 | 10173 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 516409 | 3700 | SH |  | DFND | 1 | 3700 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 336077 | 1171 | SH |  | DFND | 1 | 1171 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 956521 | 6262 | SH |  | DFND | 1 | 6262 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 457783 | 671 | SH |  | DFND | 1 | 671 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 207553 | 25815 | SH |  | DFND | 1 | 25815 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 200638 | 4300 | SH |  | DFND | 1 | 4300 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 203270 | 764 | SH |  | DFND | 1 | 764 | 0 | 0 |
| NOMURA HLDGS INC | SPONSORED ADR | 65535H208 |  | 123210 | 15616 | SH |  | DFND | 1 | 15616 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 263432 | 9240 | SH |  | DFND | 1 | 9240 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 655958 | 26312 | SH |  | DFND | 1 | 26312 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 252691 | 4784 | SH |  | DFND | 1 | 4784 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1237440 | 13323 | SH |  | DFND | 1 | 13323 | 0 | 0 |
| NEW YORK TIMES CO MTN BE | CL A | 650111107 |  | 456663 | 5454 | SH |  | DFND | 1 | 5454 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 110252 | 11630 | SH |  | DFND | 1 | 11630 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 1491577 | 13779 | SH |  | DFND | 1 | 13779 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 45955 | 13398 | SH |  | DFND | 1 | 13398 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 2771908 | 28829 | SH |  | DFND | 1 | 28829 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 499663 | 4880 | SH |  | DFND | 1 | 4880 | 0 | 0 |
| VIPER ENERGY INC | CL A | 64361Q101 |  | 351532 | 7481 | SH |  | DFND | 1 | 7481 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 490468 | 3723 | SH |  | DFND | 1 | 3723 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 414542 | 9863 | SH |  | DFND | 1 | 9863 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 373932 | 4420 | SH |  | DFND | 1 | 4420 | 0 | 0 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 224245 | 15050 | SH |  | DFND | 1 | 15050 | 0 | 0 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 |  | 468920 | 12425 | SH |  | DFND | 1 | 12425 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 294270 | 17069 | SH |  | DFND | 1 | 17069 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 551208 | 5959 | SH |  | DFND | 1 | 5959 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 239197 | 11930 | SH |  | DFND | 1 | 11930 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 287313 | 10912 | SH |  | DFND | 1 | 10912 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4932310 | 20178 | SH |  | DFND | 1 | 20178 | 0 | 0 |
| JEFFERIES FINANCIAL GROUP IN | COM | 47233W109 |  | 310144 | 7515 | SH |  | DFND | 1 | 7515 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 2064319 | 1402 | SH |  | DFND | 1 | 1402 | 0 | 0 |
| JOURNEY MED CORP | COM | 48115J109 |  | 236845 | 50500 | SH |  | DFND | 1 | 50500 | 0 | 0 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 224995 | 26849 | SH |  | DFND | 1 | 0 | 0 | 26849 |
| IRON MTN INC DEL | COM | 46284V101 |  | 353609 | 3462 | SH |  | DFND | 1 | 3462 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 460868 | 1735 | SH |  | DFND | 1 | 1735 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 6560945 | 22304 | SH |  | DFND | 1 | 22304 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1672472 | 3628 | SH |  | DFND | 1 | 3628 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1224068 | 2831 | SH |  | DFND | 1 | 2831 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 351483 | 2061 | SH |  | DFND | 1 | 2061 | 0 | 0 |
| INVENTIVA SA | ADS | 46124U107 |  | 55500 | 10000 | SH |  | DFND | 1 | 10000 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 451551 | 2871 | SH |  | DFND | 1 | 2871 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 206039 | 3072 | SH |  | DFND | 1 | 3072 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 428916 | 5912 | SH |  | DFND | 1 | 5912 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1629830 | 6724 | SH |  | DFND | 1 | 6724 | 0 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 244167 | 9373 | SH |  | DFND | 1 | 9373 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 596156 | 6334 | SH |  | DFND | 1 | 6334 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2295510 | 52017 | SH |  | DFND | 1 | 52017 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 255102 | 3184 | SH |  | DFND | 1 | 3184 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 335448 | 597 | SH |  | DFND | 1 | 597 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 247742 | 1307 | SH |  | DFND | 1 | 1307 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 388022 | 3148 | SH |  | DFND | 1 | 3148 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 860779 | 3307 | SH |  | DFND | 1 | 3307 | 0 | 0 |
| IAC INC | COM NEW | 44891N208 |  | 251028 | 6271 | SH |  | DFND | 1 | 6271 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 281041 | 21115 | SH |  | DFND | 1 | 21115 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 318363 | 12292 | SH |  | DFND | 1 | 12292 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 290939 | 1527 | SH |  | DFND | 1 | 1527 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1245158 | 12571 | SH |  | DFND | 1 | 12571 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 599192 | 1832 | SH |  | DFND | 1 | 1832 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 203305 | 1143 | SH |  | DFND | 1 | 1143 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 233511 | 3868 | SH |  | DFND | 1 | 3868 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 204824 | 380 | SH |  | DFND | 1 | 380 | 0 | 0 |
| MKS INC. | COM | 55306N104 |  | 314150 | 1367 | SH |  | DFND | 1 | 1367 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 393732 | 2270 | SH |  | DFND | 1 | 2270 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 722040 | 2957 | SH |  | DFND | 1 | 2957 | 0 | 0 |
| MBIA INC | COM | 55262C100 |  | 205207 | 34722 | SH |  | DFND | 1 | 34722 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 396282 | 1917 | SH |  | DFND | 1 | 1917 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 283608 | 7663 | SH |  | DFND | 1 | 7663 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 268879 | 10243 | SH |  | DFND | 1 | 10243 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 912277 | 3861 | SH |  | DFND | 1 | 3861 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 829797 | 7774 | SH |  | DFND | 1 | 7774 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 262129 | 373 | SH |  | DFND | 1 | 373 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 171530 | 17999 | SH |  | DFND | 1 | 17999 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 273298 | 1792 | SH |  | DFND | 1 | 1792 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 233886 | 939 | SH |  | DFND | 1 | 939 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1328449 | 2198 | SH |  | DFND | 1 | 2198 | 0 | 0 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 309124 | 61456 | SH |  | DFND | 1 | 61456 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 206853 | 2382 | SH |  | DFND | 1 | 2382 | 0 | 0 |
| LAMAR ADVERTISING CO | CL A | 512816109 |  | 249520 | 1970 | SH |  | DFND | 1 | 1970 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 4403859 | 4788 | SH |  | DFND | 1 | 4788 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 241542 | 2841 | SH |  | DFND | 1 | 2841 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 619402 | 8560 | SH |  | DFND | 1 | 8560 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 323715 | 5622 | SH |  | DFND | 1 | 5622 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 4021936 | 18824 | SH |  | DFND | 1 | 18824 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 503919 | 1460 | SH |  | DFND | 1 | 1460 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 217540 | 2255 | SH |  | DFND | 1 | 2255 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 830168 | 2940 | SH |  | DFND | 1 | 2940 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 553916 | 16520 | SH |  | DFND | 1 | 16520 | 0 | 0 |
| KIMCO REALTY CORP | COM | 49446R109 |  | 562020 | 25012 | SH |  | DFND | 1 | 25012 | 0 | 0 |

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