# EDGAR Filing Document

**Accession Number:** 0001039765
**File Stem:** 0001140361-26-020394
**Filing Date:** 2026-5
**Character Count:** 52685
**Document Hash:** ddbd7112b52b8c581be149d4c8cee318
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-020394.hdr.sgml**: 20260511

**ACCESSION NUMBER**: 0001140361-26-020394

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260511

**DATE AS OF CHANGE**: 20260511

**EFFECTIVENESS DATE**: 20260511

**FILER**: 

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

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13263
- **FILM NUMBER:** 26961129

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

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

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 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:** ING GROEP NV<br>**Address:** PO BOX 1800<br>AMSTERDAM, P7 1000 BV

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

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** B.J. Dobrescu<br>**Title:** Authorized Officer<br>**Phone:** 40744568288

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

/s/ B.J. Dobrescu  AMSTERDAM, P7  05-11-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 503

**Form 13F Information Table Value Total:** $16353173976

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1 800 FLOWERS COM INC | CL A | 68243Q106 |  | 3040000 | 1000000 | SH |  | DFND |  | 1000000 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 48992179 | 337342 | SH |  | DFND |  | 337342 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 104814776 | 1020890 | SH |  | DFND |  | 1020890 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 113609381 | 522366 | SH |  | DFND |  | 522366 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 17422354 | 87863 | SH |  | DFND |  | 87863 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 54550555 | 224414 | SH |  | DFND |  | 224414 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 113457590 | 557723 | SH |  | DFND |  | 557723 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 1294068 | 91843 | SH |  | DFND |  | 91843 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 2325962 | 21201 | SH |  | DFND |  | 21201 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 414545 | 3637 | SH |  | DFND |  | 3637 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 1396210 | 21500 | SH |  | DFND |  | 21500 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 22933458 | 181608 | SH |  | DFND |  | 181608 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 649362 | 5654 | SH |  | DFND |  | 5654 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 486158 | 3875 | SH |  | DFND |  | 3875 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 32135068 | 187453 | SH |  | DFND |  | 187453 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 3559024 | 24496 | SH |  | DFND |  | 24496 | 0 | 0 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 14295050 | 517000 | SH |  | DFND |  | 517000 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 6089461 | 52020 | SH |  | DFND |  | 52020 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2448271 | 11808 | SH |  | DFND |  | 11808 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 426491 | 1289 | SH |  | DFND |  | 1289 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 579408147 | 2019829 | SH |  | DFND |  | 2019829 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 552344385 | 1920797 | SH |  | DFND |  | 1920797 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 322392796 | 1547956 | SH |  | DFND |  | 1547956 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 6080522 | 184706 | SH |  | DFND |  | 184706 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 9932233 | 32836 | SH |  | DFND |  | 32836 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1833767 | 24369 | SH |  | DFND |  | 24369 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 6450523 | 37377 | SH |  | DFND |  | 37377 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1842927 | 4147 | SH |  | DFND |  | 4147 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 6364348 | 29690 | SH |  | DFND |  | 29690 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2699745 | 7673 | SH |  | DFND |  | 7673 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 35975888 | 284732 | SH |  | DFND |  | 284732 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 89205820 | 280398 | SH |  | DFND |  | 280398 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 2565625 | 60453 | SH |  | DFND |  | 60453 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 671881869 | 2647393 | SH |  | DFND |  | 2647393 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 1320498 | 4977 | SH |  | DFND |  | 4977 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 91578187 | 267937 | SH |  | DFND |  | 267937 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1558398 | 16235 | SH |  | DFND |  | 16235 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 1088824 | 14979 | SH |  | DFND |  | 14979 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 1020740 | 9356 | SH |  | DFND |  | 9356 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 45794116 | 372977 | SH |  | DFND |  | 372977 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 624333 | 4127 | SH |  | DFND |  | 4127 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 16592558 | 100683 | SH |  | DFND |  | 100683 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 |  | 6310040 | 44000 | SH |  | DFND |  | 44000 | 0 | 0 |
| ASHLAND INC | COM | 044186104 |  | 13624450 | 245000 | SH |  | DFND |  | 245000 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 3229429 | 2445 | SH |  | DFND |  | 2445 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 495518 | 2275 | SH |  | DFND |  | 2275 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 82037931 | 2829870 | SH |  | DFND |  | 2829870 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 54911150 | 377500 | SH |  | DFND |  | 377500 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 6416729 | 94018 | SH |  | DFND |  | 94018 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 3941371 | 21337 | SH |  | DFND |  | 21337 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 18275557 | 76339 | SH |  | DFND |  | 76339 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 6934127 | 34128 | SH |  | DFND |  | 34128 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 7556094 | 2237 | SH |  | DFND |  | 2237 | 0 | 0 |
| AVANTOR INC | COM | 05352A100 |  | 1353184 | 172600 | SH |  | DFND |  | 172600 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 1721447 | 9969 | SH |  | DFND |  | 9969 | 0 | 0 |
| AVIS BUDGET GROUP INC | COM | 053774105 |  | 178666250 | 1225000 | SH |  | DFND |  | 1225000 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 600087 | 1413 | SH |  | DFND |  | 1413 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 1412758 | 23141 | SH |  | DFND |  | 23141 | 0 | 0 |
| BALL CORP | COM | 058498106 |  | 2042960 | 34562 | SH |  | DFND |  | 34562 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 279974614 | 5743069 | SH |  | DFND |  | 5743069 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 908587 | 7659 | SH |  | DFND |  | 7659 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 9202836 | 225615 | SH |  | DFND |  | 225615 | 0 | 0 |
| BAUSCH HEALTH COS INC | COM | 071734107 |  | 27000000 | 5000000 | SH |  | DFND |  | 5000000 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 6844734 | 425403 | SH |  | DFND |  | 425403 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 896901 | 13532 | SH |  | DFND |  | 13532 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4765644 | 9945 | SH |  | DFND |  | 9945 | 0 | 0 |
| BIO RAD LABS INC | CL A | 090572207 |  | 25087500 | 90000 | SH |  | DFND |  | 90000 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 11016432 | 728600 | SH |  | DFND |  | 728600 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 3910005 | 34003 | SH |  | DFND |  | 34003 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 1496857 | 24873 | SH |  | DFND |  | 24873 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 88107795 | 442686 | SH |  | DFND |  | 442686 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 62443256 | 14831 | SH |  | DFND |  | 14831 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 22809105 | 292312 | SH |  | DFND |  | 292312 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 27501192 | 438266 | SH |  | DFND |  | 438266 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 28059904 | 462653 | SH |  | DFND |  | 462653 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 475331840 | 1535756 | SH |  | DFND |  | 1535756 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 |  | 867097 | 13297 | SH |  | DFND |  | 13297 | 0 | 0 |
| C H ROBINSON WORLDWIDE IN | COM NEW | 12541W209 |  | 457357 | 2754 | SH |  | DFND |  | 2754 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 19974685 | 71885 | SH |  | DFND |  | 71885 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 24622188 | 931600 | SH |  | DFND |  | 931600 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 5179188 | 28390 | SH |  | DFND |  | 28390 | 0 | 0 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 422880 | 24000 | SH |  | DFND |  | 24000 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 87016824 | 411797 | SH |  | DFND |  | 411797 | 0 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 21194012 | 818934 | SH |  | DFND |  | 818934 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 100633909 | 142046 | SH |  | DFND |  | 142046 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 1335926 | 4753 | SH |  | DFND |  | 4753 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 13149644 | 97074 | SH |  | DFND |  | 97074 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 2032047 | 16791 | SH |  | DFND |  | 16791 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 394620 | 6000 | SH |  | DFND |  | 6000 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 45886744 | 146071 | SH |  | DFND |  | 146071 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 3334602 | 101851 | SH |  | DFND |  | 101851 | 0 | 0 |
| CF INDUSTRIES HOLD | COM | 125269100 |  | 2611861 | 20116 | SH |  | DFND |  | 20116 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 1094858 | 6347 | SH |  | DFND |  | 6347 | 0 | 0 |
| CHARTER COMMUNICATIONS INC | CL A | 16119P108 |  | 4645953 | 21521 | SH |  | DFND |  | 21521 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 3064608 | 10800 | SH |  | DFND |  | 10800 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 57511993 | 277970 | SH |  | DFND |  | 277970 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 18087379 | 565054 | SH |  | DFND |  | 565054 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 5384364 | 16520 | SH |  | DFND |  | 16520 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 1114982 | 7086 | SH |  | DFND |  | 7086 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 37728538 | 223061 | SH |  | DFND |  | 223061 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 32128390 | 414079 | SH |  | DFND |  | 414079 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 19068644 | 168139 | SH |  | DFND |  | 168139 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 1171574 | 19536 | SH |  | DFND |  | 19536 | 0 | 0 |
| CLEARWAY ENERGY INC | CL A | 18539C105 |  | 1300444 | 33200 | SH |  | DFND |  | 33200 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 5077953 | 17193 | SH |  | DFND |  | 17193 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 51018082 | 657619 | SH |  | DFND |  | 657619 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 45671371 | 600544 | SH |  | DFND |  | 600544 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 393961 | 4345 | SH |  | DFND |  | 4345 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 69958325 | 1140315 | SH |  | DFND |  | 1140315 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 5757258 | 24180 | SH |  | DFND |  | 24180 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 27949559 | 327931 | SH |  | DFND |  | 327931 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 13290950 | 462938 | SH |  | DFND |  | 462938 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 |  | 2122266 | 1539 | SH |  | DFND |  | 1539 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 375016 | 23856 | SH |  | DFND |  | 23856 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 20399337 | 180238 | SH |  | DFND |  | 180238 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 2718900 | 18126 | SH |  | DFND |  | 18126 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 4233151 | 15159 | SH |  | DFND |  | 15159 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 18871412 | 138791 | SH |  | DFND |  | 138791 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 312741 | 3736 | SH |  | DFND |  | 3736 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 138655227 | 139152 | SH |  | DFND |  | 139152 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 3444739 | 98029 | SH |  | DFND |  | 98029 | 0 | 0 |
| COTY INC | COM CL A | 222070203 |  | 587121 | 292100 | SH |  | DFND |  | 292100 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 1453500 | 8500 | SH |  | DFND |  | 8500 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 22525744 | 214286 | SH |  | DFND |  | 214286 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 3250163 | 8325 | SH |  | DFND |  | 8325 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 4093471 | 50344 | SH |  | DFND |  | 50344 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 8240829 | 200751 | SH |  | DFND |  | 200751 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 58062580 | 107919 | SH |  | DFND |  | 107919 | 0 | 0 |
| CVR PARTNERS LP/CVR NITROGEN | COM | 126633205 |  | 7486197 | 59100 | SH |  | DFND |  | 59100 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 34070690 | 474390 | SH |  | DFND |  | 474390 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 4768121 | 34748 | SH |  | DFND |  | 34748 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 41359534 | 218141 | SH |  | DFND |  | 218141 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 416835 | 3531 | SH |  | DFND |  | 3531 | 0 | 0 |
| DAVE  BUSTERS ENTMT INC | COM | 238337109 |  | 4884330 | 451000 | SH |  | DFND |  | 451000 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 9399152 | 93907 | SH |  | DFND |  | 93907 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 12568913 | 22313 | SH |  | DFND |  | 22313 | 0 | 0 |
| DELTA AIR LINES INC | COM NEW | 247361702 |  | 1966212 | 29576 | SH |  | DFND |  | 29576 | 0 | 0 |
| DESTINATION XL GROUP INC | COM | 25065K104 |  | 153000 | 300000 | SH |  | DFND |  | 300000 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 48126215 | 766341 | SH |  | DFND |  | 766341 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 6503137 | 32879 | SH |  | DFND |  | 32879 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 41088818 | 426321 | SH |  | DFND |  | 426321 | 0 | 0 |
| DIVERSIFIED HEALTHCARE TR | COM SH BEN INT | 25525P107 |  | 1328000 | 200000 | SH |  | DFND |  | 200000 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 12132266 | 255901 | SH |  | DFND |  | 255901 | 0 | 0 |
| DOLLAR GEN CORP | COM | 256677105 |  | 3370626 | 28389 | SH |  | DFND |  | 28389 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 18545628 | 169351 | SH |  | DFND |  | 169351 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 40187709 | 112009 | SH |  | DFND |  | 112009 | 0 | 0 |
| DORCHESTER MINERALS L P | COM UNIT | 25820R105 |  | 3563650 | 131500 | SH |  | DFND |  | 131500 | 0 | 0 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 1696700 | 178600 | SH |  | DFND |  | 178600 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 12589129 | 60394 | SH |  | DFND |  | 60394 | 0 | 0 |
| DOW HLDGS INC | COM | 260557103 |  | 3902647 | 93701 | SH |  | DFND |  | 93701 | 0 | 0 |
| DOXIMITY INC | CL A | 26622P107 |  | 4478260 | 192200 | SH |  | DFND |  | 192200 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 2417049 | 52774 | SH |  | DFND |  | 52774 | 0 | 0 |
| DUTCH BROS INC | CL A | 26701L100 |  | 922012 | 18200 | SH |  | DFND |  | 18200 | 0 | 0 |
| DYNATRACE INC | COM NEW | 268150109 |  | 3099072 | 83804 | SH |  | DFND |  | 83804 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 2032452 | 17361 | SH |  | DFND |  | 17361 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 22658520 | 85176 | SH |  | DFND |  | 85176 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 8772306 | 119873 | SH |  | DFND |  | 119873 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 36167892 | 451647 | SH |  | DFND |  | 451647 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 17816436 | 356400 | SH |  | DFND |  | 356400 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 28704081 | 140796 | SH |  | DFND |  | 140796 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 8332836 | 28464 | SH |  | DFND |  | 28464 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 178899864 | 194505 | SH |  | DFND |  | 194505 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 4262264 | 5773 | SH |  | DFND |  | 5773 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 13236820 | 101029 | SH |  | DFND |  | 101029 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 793186 | 8200 | SH |  | DFND |  | 8200 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 3326136 | 87900 | SH |  | DFND |  | 87900 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 10116864 | 69979 | SH |  | DFND |  | 69979 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 2796127 | 15528 | SH |  | DFND |  | 15528 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 12421601 | 12672 | SH |  | DFND |  | 12672 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 2622711 | 44340 | SH |  | DFND |  | 44340 | 0 | 0 |
| ERIE INDTY CO | CL A | 29530P102 |  | 289760 | 1153 | SH |  | DFND |  | 1153 | 0 | 0 |
| ETSY INC | COM | 29786A106 |  | 8327900 | 166658 | SH |  | DFND |  | 166658 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 604019 | 1848 | SH |  | DFND |  | 1848 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 15339978 | 221420 | SH |  | DFND |  | 221420 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 1249863 | 25497 | SH |  | DFND |  | 25497 | 0 | 0 |
| EXLSERVICE HLDGS INC | COM | 302081104 |  | 1257585 | 41300 | SH |  | DFND |  | 41300 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 814238 | 7417 | SH |  | DFND |  | 7417 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 10272527 | 44491 | SH |  | DFND |  | 44491 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 2474002 | 17285 | SH |  | DFND |  | 17285 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 2565952 | 19568 | SH |  | DFND |  | 19568 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 78992339 | 465592 | SH |  | DFND |  | 465592 | 0 | 0 |
| F5 INC | COM | 315616102 |  | 1645998 | 5689 | SH |  | DFND |  | 5689 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 502094 | 10821 | SH |  | DFND |  | 10821 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 1075482 | 10126 | SH |  | DFND |  | 10126 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 12307088 | 34553 | SH |  | DFND |  | 34553 | 0 | 0 |
| FERROVIAL SE | ORD SHS | N3168P101 |  | 66273591 | 1018810 | SH |  | DFND |  | 1018810 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1103276 | 23519 | SH |  | DFND |  | 23519 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1899192 | 40878 | SH |  | DFND |  | 40878 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 2122715 | 10761 | SH |  | DFND |  | 10761 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 4353962 | 78028 | SH |  | DFND |  | 78028 | 0 | 0 |
| FIVE BELOW INC | COM | 33829M101 |  | 25109952 | 109900 | SH |  | DFND |  | 109900 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 1154107 | 15700 | SH |  | DFND |  | 15700 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 12936963 | 1121054 | SH |  | DFND |  | 1121054 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 8800754 | 107694 | SH |  | DFND |  | 107694 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 1571002 | 28419 | SH |  | DFND |  | 28419 | 0 | 0 |
| FORTREA HLDGS INC | COMMON STOCK | 34965K107 |  | 1150182 | 122100 | SH |  | DFND |  | 122100 | 0 | 0 |
| FOX CORP | CL A COM | 35137L105 |  | 1511626 | 25884 | SH |  | DFND |  | 25884 | 0 | 0 |
| FOX CORP | CL B COM | 35137L204 |  | 6210417 | 116957 | SH |  | DFND |  | 116957 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 329593 | 13954 | SH |  | DFND |  | 13954 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 17759613 | 302137 | SH |  | DFND |  | 302137 | 0 | 0 |
| FUNKO INC | COM CL A | 361008105 |  | 1890000 | 600000 | SH |  | DFND |  | 600000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 2527705 | 11671 | SH |  | DFND |  | 11671 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 4891931 | 21085 | SH |  | DFND |  | 21085 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 96261878 | 339225 | SH |  | DFND |  | 339225 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 303013 | 4257 | SH |  | DFND |  | 4257 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 96073120 | 110062 | SH |  | DFND |  | 110062 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 11233934 | 32731 | SH |  | DFND |  | 32731 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 21514483 | 288785 | SH |  | DFND |  | 288785 | 0 | 0 |
| GENESCO INC | COM | 371532102 |  | 6087900 | 210000 | SH |  | DFND |  | 210000 | 0 | 0 |
| GENESIS ENERGY L P | UNIT LTD PARTN | 371927104 |  | 34584851 | 1939700 | SH |  | DFND |  | 1939700 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 7732229 | 73118 | SH |  | DFND |  | 73118 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 27404044 | 196628 | SH |  | DFND |  | 196628 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 8852924 | 409100 | SH |  | DFND |  | 409100 | 0 | 0 |
| GLOBAL E ONLINE LTD | SHS | M5216V106 |  | 18695100 | 606000 | SH |  | DFND |  | 606000 | 0 | 0 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 1502970 | 35700 | SH |  | DFND |  | 35700 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 503239 | 3616 | SH |  | DFND |  | 3616 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 23398007 | 283029 | SH |  | DFND |  | 283029 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 12355684 | 14605 | SH |  | DFND |  | 14605 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 2175505 | 25700 | SH |  | DFND |  | 25700 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 1330300 | 34119 | SH |  | DFND |  | 34119 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 1712958 | 12667 | SH |  | DFND |  | 12667 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 15634757 | 167038 | SH |  | DFND |  | 167038 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 1508997 | 91844 | SH |  | DFND |  | 91844 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 14621173 | 614077 | SH |  | DFND |  | 614077 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 10797881 | 35510 | SH |  | DFND |  | 35510 | 0 | 0 |
| HINGE HEALTH INC | CL A | 433313103 |  | 5436960 | 141000 | SH |  | DFND |  | 141000 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 47417985 | 627305 | SH |  | DFND |  | 627305 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 234396943 | 712691 | SH |  | DFND |  | 712691 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 296907131 | 1313574 | SH |  | DFND |  | 1313574 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 1580374 | 82483 | SH |  | DFND |  | 82483 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 459584 | 3200 | SH |  | DFND |  | 3200 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 14014042 | 60809 | SH |  | DFND |  | 60809 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 2696735 | 15553 | SH |  | DFND |  | 15553 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 2042292 | 9638 | SH |  | DFND |  | 9638 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 424272 | 27110 | SH |  | DFND |  | 27110 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 349888 | 921 | SH |  | DFND |  | 921 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 1504030 | 113000 | SH |  | DFND |  | 113000 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 1829726 | 9653 | SH |  | DFND |  | 9653 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 288250 | 513 | SH |  | DFND |  | 513 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 7704324 | 29599 | SH |  | DFND |  | 29599 | 0 | 0 |
| IMAX CORP | COM | 45245E109 |  | 217721 | 5728 | SH |  | DFND |  | 5728 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 3788530 | 33628 | SH |  | DFND |  | 33628 | 0 | 0 |
| INSMED INC | COM PAR $.01 | 457669307 |  | 980466 | 5996 | SH |  | DFND |  | 5996 | 0 | 0 |
| INSULET CORP | COM | 45784P101 |  | 1903878 | 9073 | SH |  | DFND |  | 9073 | 0 | 0 |
| INTEGER HLDGS CORP | COM | 45826H109 |  | 15400000 | 175000 | SH |  | DFND |  | 175000 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 81487104 | 1846524 | SH |  | DFND |  | 1846524 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 951656 | 14189 | SH |  | DFND |  | 14189 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 18243222 | 115992 | SH |  | DFND |  | 115992 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 159191329 | 656757 | SH |  | DFND |  | 656757 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 39770745 | 91981 | SH |  | DFND |  | 91981 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 65681394 | 142479 | SH |  | DFND |  | 142479 | 0 | 0 |
| INVESCO LTD | SHS | G491BT108 |  | 489808 | 20165 | SH |  | DFND |  | 20165 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 35998139 | 62369 | SH |  | DFND |  | 62369 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 1807514 | 72737 | SH |  | DFND |  | 72737 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 3705231 | 36276 | SH |  | DFND |  | 36276 | 0 | 0 |
| ITT INC | COM | 45073V108 |  | 2877003 | 15100 | SH |  | DFND |  | 15100 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 9992735 | 37619 | SH |  | DFND |  | 37619 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 1927910 | 15147 | SH |  | DFND |  | 15147 | 0 | 0 |
| JAMES HARDIE INDS PLC | ORD SHS | G4253H101 |  | 3233058 | 170700 | SH |  | DFND |  | 170700 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 5333857 | 28214 | SH |  | DFND |  | 28214 | 0 | 0 |
| JETBLUE AIRWAYS CORP | COM | 477143101 |  | 4420000 | 1000000 | SH |  | DFND |  | 1000000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 101415956 | 414891 | SH |  | DFND |  | 414891 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 18193931 | 138938 | SH |  | DFND |  | 138938 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 149416513 | 507943 | SH |  | DFND |  | 507943 | 0 | 0 |
| KBR INC | COM | 48242W106 |  | 866210 | 23500 | SH |  | DFND |  | 23500 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 104896935 | 6084509 | SH |  | DFND |  | 6084509 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 5608501 | 213008 | SH |  | DFND |  | 213008 | 0 | 0 |
| KEYCORP | COM | 493267108 |  | 864736 | 43129 | SH |  | DFND |  | 43129 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 17879951 | 63321 | SH |  | DFND |  | 63321 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 870835 | 9027 | SH |  | DFND |  | 9027 | 0 | 0 |
| KIMCO REALTY CORP | COM | 49446R109 |  | 1953497 | 86938 | SH |  | DFND |  | 86938 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1596967 | 47628 | SH |  | DFND |  | 47628 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 2890070 | 31244 | SH |  | DFND |  | 31244 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 25400545 | 17251 | SH |  | DFND |  | 17251 | 0 | 0 |
| KNOT OFFSHORE PARTNERS LP | COM UNITS | Y48125101 |  | 199584 | 19800 | SH |  | DFND |  | 19800 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 13698658 | 39689 | SH |  | DFND |  | 39689 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 98879498 | 462789 | SH |  | DFND |  | 462789 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 2629084 | 16400 | SH |  | DFND |  | 16400 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 10770289 | 199894 | SH |  | DFND |  | 199894 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 2564525 | 16490 | SH |  | DFND |  | 16490 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 |  | 332317 | 716 | SH |  | DFND |  | 716 | 0 | 0 |
| LEONARDO DRS INC | COM | 52661A108 |  | 3160920 | 71000 | SH |  | DFND |  | 71000 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 24023280 | 477600 | SH |  | DFND |  | 477600 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 1426368 | 121600 | SH |  | DFND |  | 121600 | 0 | 0 |
| LIBERTY LIVE HOLDINGS INC | COM SER A | 530909100 |  | 12737960 | 139000 | SH |  | DFND |  | 139000 | 0 | 0 |
| LIGHTPATH TECHNOLOGIES INC | COM CL A | 532257805 |  | 3089240 | 308000 | SH |  | DFND |  | 308000 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 2117180 | 8500 | SH |  | DFND |  | 8500 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 214471229 | 432611 | SH |  | DFND |  | 432611 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 64133636 | 106113 | SH |  | DFND |  | 106113 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 819123 | 7674 | SH |  | DFND |  | 7674 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 20661977 | 87447 | SH |  | DFND |  | 87447 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 6471014 | 9208 | SH |  | DFND |  | 9208 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 1425541 | 6896 | SH |  | DFND |  | 6896 | 0 | 0 |
| MACH NATURAL RESOURCES LP | COM UNIT LTD PAR | 55445L100 |  | 14168000 | 1012000 | SH |  | DFND |  | 1012000 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 546380 | 9790 | SH |  | DFND |  | 9790 | 0 | 0 |
| MAGNERA CORP | COM SHS | 55939A107 |  | 1046100 | 110000 | SH |  | DFND |  | 110000 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 6503490 | 26634 | SH |  | DFND |  | 26634 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 11687846 | 35735 | SH |  | DFND |  | 35735 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 3813819 | 21988 | SH |  | DFND |  | 21988 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 222521 | 378 | SH |  | DFND |  | 378 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 468411 | 7759 | SH |  | DFND |  | 7759 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 3859779 | 21700 | SH |  | DFND |  | 21700 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 18297354 | 56870 | SH |  | DFND |  | 56870 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 469691393 | 940022 | SH |  | DFND |  | 940022 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 125893259 | 405075 | SH |  | DFND |  | 405075 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 64550664 | 74594 | SH |  | DFND |  | 74594 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 2437918 | 1410 | SH |  | DFND |  | 1410 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 77191176 | 641709 | SH |  | DFND |  | 641709 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 240139553 | 419729 | SH |  | DFND |  | 419729 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 2324213 | 32865 | SH |  | DFND |  | 32865 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 34298477 | 530854 | SH |  | DFND |  | 530854 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 295331282 | 874175 | SH |  | DFND |  | 874175 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 862046714 | 2328786 | SH |  | DFND |  | 2328786 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 1841203 | 15077 | SH |  | DFND |  | 15077 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 7157389 | 124174 | SH |  | DFND |  | 124174 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 10440664 | 42655 | SH |  | DFND |  | 42655 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1801841 | 1648 | SH |  | DFND |  | 1648 | 0 | 0 |
| MONRO INC | COM | 610236101 |  | 2037080 | 127000 | SH |  | DFND |  | 127000 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 10042594 | 138595 | SH |  | DFND |  | 138595 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 3039790 | 6968 | SH |  | DFND |  | 6968 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 8992105 | 54640 | SH |  | DFND |  | 54640 | 0 | 0 |
| MORNINGSTAR INC | COM | 617700109 |  | 2808428 | 16613 | SH |  | DFND |  | 16613 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 12656735 | 29165 | SH |  | DFND |  | 29165 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 100911174 | 1768200 | SH |  | DFND |  | 1768200 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 1798676 | 3337 | SH |  | DFND |  | 3337 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 3058080 | 27600 | SH |  | DFND |  | 27600 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 1731416 | 20396 | SH |  | DFND |  | 20396 | 0 | 0 |
| NATURAL RESOURCE PARTNERS LP | COM UNIT LTD PAR | 63900P608 |  | 21828400 | 180400 | SH |  | DFND |  | 180400 | 0 | 0 |
| NAVIOS MARITIME PARTNERS LP | COM UNIT LPI | Y62267409 |  | 10898020 | 161500 | SH |  | DFND |  | 161500 | 0 | 0 |
| NEKTAR THERAPEUTICS | COM NEW | 640268306 |  | 7195000 | 100000 | SH |  | DFND |  | 100000 | 0 | 0 |
| NEOGEN CORP | COM | 640491106 |  | 82720947 | 8904300 | SH |  | DFND |  | 8904300 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 1079600 | 10544 | SH |  | DFND |  | 10544 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 14943633 | 155420 | SH |  | DFND |  | 155420 | 0 | 0 |
| NEWMARKET CORP | COM | 651587107 |  | 2756085 | 4300 | SH |  | DFND |  | 4300 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 30229895 | 279260 | SH |  | DFND |  | 279260 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 449318 | 15760 | SH |  | DFND |  | 15760 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 221519 | 2385 | SH |  | DFND |  | 2385 | 0 | 0 |
| NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 |  | 65494531 | 5311803 | SH |  | DFND |  | 5311803 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 738021 | 15817 | SH |  | DFND |  | 15817 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 1815860 | 6825 | SH |  | DFND |  | 6825 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 64363481 | 224263 | SH |  | DFND |  | 224263 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 1181181 | 8463 | SH |  | DFND |  | 8463 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 11738621 | 17206 | SH |  | DFND |  | 17206 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDGS | SHS | G66721104 |  | 73969346 | 3955580 | SH |  | DFND |  | 3955580 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 10374479 | 70990 | SH |  | DFND |  | 70990 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 3679338 | 256043 | SH |  | DFND |  | 256043 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 4991156 | 29516 | SH |  | DFND |  | 29516 | 0 | 0 |
| NUTANIX INC | CL A | 67059N108 |  | 11163537 | 293700 | SH |  | DFND |  | 293700 | 0 | 0 |
| NVENT ELEC PLC | SHS | G6700G107 |  | 7688200 | 65000 | SH |  | DFND |  | 65000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1473672152 | 8449955 | SH |  | DFND |  | 8449955 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 2372339 | 360 | SH |  | DFND |  | 360 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 19042662 | 96732 | SH |  | DFND |  | 96732 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 5616455 | 86407 | SH |  | DFND |  | 86407 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 111908195 | 760711 | SH |  | DFND |  | 760711 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 83734678 | 907103 | SH |  | DFND |  | 907103 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 25238613 | 327434 | SH |  | DFND |  | 327434 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 1082200 | 10000 | SH |  | DFND |  | 10000 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 342735 | 1615 | SH |  | DFND |  | 1615 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 147875769 | 1010909 | SH |  | DFND |  | 1010909 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 22286885 | 139015 | SH |  | DFND |  | 139015 | 0 | 0 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 361540 | 40082 | SH |  | DFND |  | 40082 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 13227171 | 14775 | SH |  | DFND |  | 14775 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 964982 | 21335 | SH |  | DFND |  | 21335 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 672140 | 6578 | SH |  | DFND |  | 6578 | 0 | 0 |
| PENTAIR PLC | SHS | G7S00T104 |  | 10741099 | 123305 | SH |  | DFND |  | 123305 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 18336509 | 55841 | SH |  | DFND |  | 55841 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 161092100 | 1037363 | SH |  | DFND |  | 1037363 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 22459563 | 799842 | SH |  | DFND |  | 799842 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 10808590 | 615173 | SH |  | DFND |  | 615173 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 90815475 | 549265 | SH |  | DFND |  | 549265 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 9466984 | 51965 | SH |  | DFND |  | 51965 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 815135 | 9046 | SH |  | DFND |  | 9046 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 61210205 | 423776 | SH |  | DFND |  | 423776 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 5276951 | 26619 | SH |  | DFND |  | 26619 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 10052421 | 76051 | SH |  | DFND |  | 76051 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1543990 | 15805 | SH |  | DFND |  | 15805 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 236207 | 872 | SH |  | DFND |  | 872 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 1082787 | 13376 | SH |  | DFND |  | 13376 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 3116991 | 27015 | SH |  | DFND |  | 27015 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 1122300 | 14500 | SH |  | DFND |  | 14500 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 11652658 | 90485 | SH |  | DFND |  | 90485 | 0 | 0 |
| QUANEX BLDG PRODS CORP | COM | 747619104 |  | 2695500 | 150000 | SH |  | DFND |  | 150000 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 14786207 | 26932 | SH |  | DFND |  | 26932 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 3009469 | 15356 | SH |  | DFND |  | 15356 | 0 | 0 |
| RALLIANT CORP | COM | 750940108 |  | 3188581 | 76667 | SH |  | DFND |  | 76667 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 6797586 | 19761 | SH |  | DFND |  | 19761 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 1153542 | 7967 | SH |  | DFND |  | 7967 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 483200 | 7898 | SH |  | DFND |  | 7898 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 |  | 698342 | 9230 | SH |  | DFND |  | 9230 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 24099414 | 31191 | SH |  | DFND |  | 31191 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 3646902 | 16651 | SH |  | DFND |  | 16651 | 0 | 0 |
| REVOLUTION MEDICINES INC | COM | 76155X100 |  | 10016750 | 103000 | SH |  | DFND |  | 103000 | 0 | 0 |
| REVVITY INC | COM | 714046109 |  | 352367 | 4022 | SH |  | DFND |  | 4022 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 2487454 | 35894 | SH |  | DFND |  | 35894 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 6384834 | 17791 | SH |  | DFND |  | 17791 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 10844550 | 391500 | SH |  | DFND |  | 391500 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 1069206 | 11300 | SH |  | DFND |  | 11300 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 15113714 | 42711 | SH |  | DFND |  | 42711 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 50585705 | 233512 | SH |  | DFND |  | 233512 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 756195 | 2748 | SH |  | DFND |  | 2748 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 23594756 | 122316 | SH |  | DFND |  | 122316 | 0 | 0 |
| RUBRIK INC. | CL A | 781154109 |  | 16360877 | 334100 | SH |  | DFND |  | 334100 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 5911375 | 13898 | SH |  | DFND |  | 13898 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 26254949 | 140649 | SH |  | DFND |  | 140649 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 112167371 | 176547 | SH |  | DFND |  | 176547 | 0 | 0 |
| SBA COMMUNICATIONS CORP | CL A | 78410G104 |  | 2364964 | 13741 | SH |  | DFND |  | 13741 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1891911 | 20131 | SH |  | DFND |  | 20131 | 0 | 0 |
| SEADRILL LTD | COM | G7997W102 |  | 19770342 | 434513 | SH |  | DFND |  | 434513 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 10031015 | 25605 | SH |  | DFND |  | 25605 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 24536175 | 583500 | SH |  | DFND |  | 583500 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 |  | 101642028 | 2034061 | SH |  | DFND |  | 2034061 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 229588026 | 1419576 | SH |  | DFND |  | 1419576 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 1056600 | 30000 | SH |  | DFND |  | 30000 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 35505494 | 339603 | SH |  | DFND |  | 339603 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 63611865 | 198446 | SH |  | DFND |  | 198446 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 3879111 | 32702 | SH |  | DFND |  | 32702 | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORP | COM | 83001C108 |  | 18566500 | 1046000 | SH |  | DFND |  | 1046000 | 0 | 0 |
| SMITHFIELD FOODS INC | COM | 832248207 |  | 8614760 | 308000 | SH |  | DFND |  | 308000 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 4936474 | 51187 | SH |  | DFND |  | 51187 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 24504000 | 480000 | SH |  | DFND |  | 480000 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 16823744 | 220900 | SH |  | DFND |  | 220900 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 1604148 | 12675 | SH |  | DFND |  | 12675 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 61951388 | 95260 | SH |  | DFND |  | 95260 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 2828253 | 12790 | SH |  | DFND |  | 12790 | 0 | 0 |
| STIFEL FINL CORP | COM | 860630102 |  | 997920 | 13500 | SH |  | DFND |  | 13500 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 22257701 | 67737 | SH |  | DFND |  | 67737 | 0 | 0 |
| SUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 864482104 |  | 2266319 | 115100 | SH |  | DFND |  | 115100 | 0 | 0 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 10655080 | 164000 | SH |  | DFND |  | 164000 | 0 | 0 |
| SYLVAMO CORP | COMMON STOCK | 871332102 |  | 5068842 | 120001 | SH |  | DFND |  | 120001 | 0 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 1073832 | 15787 | SH |  | DFND |  | 15787 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 24027481 | 60602 | SH |  | DFND |  | 60602 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 2480001 | 34768 | SH |  | DFND |  | 34768 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 6763055 | 20012 | SH |  | DFND |  | 20012 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 493750 | 2500 | SH |  | DFND |  | 2500 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 5267295 | 16500 | SH |  | DFND |  | 16500 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 2388428 | 16926 | SH |  | DFND |  | 16926 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 7910153 | 37844 | SH |  | DFND |  | 37844 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 5052988 | 73094 | SH |  | DFND |  | 73094 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 28904257 | 97498 | SH |  | DFND |  | 97498 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 222607989 | 598811 | SH |  | DFND |  | 598811 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 38224613 | 196892 | SH |  | DFND |  | 196892 | 0 | 0 |
| TEXTRON INC | COM | 883203101 |  | 1966773 | 22462 | SH |  | DFND |  | 22462 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 9063898 | 33979 | SH |  | DFND |  | 33979 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 13051016 | 575188 | SH |  | DFND |  | 575188 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 63041180 | 128255 | SH |  | DFND |  | 128255 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 1113323 | 12373 | SH |  | DFND |  | 12373 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 50135579 | 313936 | SH |  | DFND |  | 313936 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 26832173 | 127754 | SH |  | DFND |  | 127754 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 5503616 | 58900 | SH |  | DFND |  | 58900 | 0 | 0 |
| TORRID HLDGS INC | COM | 89142B107 |  | 178000 | 100000 | SH |  | DFND |  | 100000 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 63620362 | 152662 | SH |  | DFND |  | 152662 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 327986 | 283 | SH |  | DFND |  | 283 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 5055981 | 17334 | SH |  | DFND |  | 17334 | 0 | 0 |
| TREX INC | COM | 89531P105 |  | 2640450 | 72500 | SH |  | DFND |  | 72500 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 2627002 | 57146 | SH |  | DFND |  | 57146 | 0 | 0 |
| TXO PARTNERS LP | COM UNIT | 87313P103 |  | 6340320 | 504000 | SH |  | DFND |  | 504000 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 18989835 | 296392 | SH |  | DFND |  | 296392 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 9375644 | 130344 | SH |  | DFND |  | 130344 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 38431730 | 73524 | SH |  | DFND |  | 73524 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 3840516 | 41713 | SH |  | DFND |  | 41713 | 0 | 0 |
| UNITED PARKS  RESORTS INC | COM | 81282V100 |  | 4245800 | 130000 | SH |  | DFND |  | 130000 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 236782 | 325 | SH |  | DFND |  | 325 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 33711455 | 124585 | SH |  | DFND |  | 124585 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 9216994 | 420100 | SH |  | DFND |  | 420100 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 1274982 | 7124 | SH |  | DFND |  | 7124 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 3680176 | 70759 | SH |  | DFND |  | 70759 | 0 | 0 |
| USA COMPRESSION PARTNERS LP | COM UNIT LTDPAR | 90290N109 |  | 8477712 | 312600 | SH |  | DFND |  | 312600 | 0 | 0 |
| VALARIS LTD | CL A | G9460G101 |  | 323532 | 3300 | SH |  | DFND |  | 3300 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 10873354 | 61900 | SH |  | DFND |  | 61900 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 266276 | 3256 | SH |  | DFND |  | 3256 | 0 | 0 |
| VERA BRADLEY INC | COM | 92335C106 |  | 316000 | 100000 | SH |  | DFND |  | 100000 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 |  | 2831474 | 32023 | SH |  | DFND |  | 32023 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 5238906 | 21094 | SH |  | DFND |  | 21094 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 6537267 | 34452 | SH |  | DFND |  | 34452 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1708406 | 34032 | SH |  | DFND |  | 34032 | 0 | 0 |
| VERSANT MEDIA GROUP INC | COM CL A | 925283103 |  | 280908 | 7588 | SH |  | DFND |  | 7588 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 29214880 | 65425 | SH |  | DFND |  | 65425 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 3805010 | 281644 | SH |  | DFND |  | 281644 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 3616021 | 132358 | SH |  | DFND |  | 132358 | 0 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 26577716 | 361700 | SH |  | DFND |  | 361700 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 5739148 | 38177 | SH |  | DFND |  | 38177 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 4640264 | 17041 | SH |  | DFND |  | 17041 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 20973197 | 83923 | SH |  | DFND |  | 83923 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 109093481 | 877804 | SH |  | DFND |  | 877804 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 93488394 | 3404530 | SH |  | DFND |  | 3404530 | 0 | 0 |
| WARNER MUSIC GROUP CORP | COM CL A | 934550203 |  | 11748400 | 460000 | SH |  | DFND |  | 460000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 19528014 | 84982 | SH |  | DFND |  | 84982 | 0 | 0 |
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 |  | 2518260 | 94000 | SH |  | DFND |  | 94000 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 9820371 | 123356 | SH |  | DFND |  | 123356 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 17949498 | 90787 | SH |  | DFND |  | 90787 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 46918113 | 173456 | SH |  | DFND |  | 173456 | 0 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 65357375 | 1587500 | SH |  | DFND |  | 1587500 | 0 | 0 |
| WESTLAKE CHEM PARTNERS LP | COM UNIT RP LP | 960417103 |  | 1811380 | 82000 | SH |  | DFND |  | 82000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 29024737 | 398801 | SH |  | DFND |  | 398801 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 4047179 | 22197 | SH |  | DFND |  | 22197 | 0 | 0 |
| WOODWARD INC | COM | 980745103 |  | 8804832 | 24600 | SH |  | DFND |  | 24600 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 15971640 | 14642 | SH |  | DFND |  | 14642 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 13349415 | 168044 | SH |  | DFND |  | 168044 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 2304540 | 217000 | SH |  | DFND |  | 217000 | 0 | 0 |
| XPONENTIAL FITNESS INC | COM CL A | 98422X101 |  | 903000 | 150000 | SH |  | DFND |  | 150000 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 5601921 | 46878 | SH |  | DFND |  | 46878 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 10029173 | 84842 | SH |  | DFND |  | 84842 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 627377 | 4472 | SH |  | DFND |  | 4472 | 0 | 0 |

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