# EDGAR Filing Document

**Accession Number:** 0002104539
**File Stem:** 0002104539-26-000003
**Filing Date:** 2026-5
**Character Count:** 20878
**Document Hash:** 595eead91d113b55db3d4708ca267fc8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002104539-26-000003.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0002104539-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Blue Sparrow, LLC /DE
- **CENTRAL INDEX KEY:** 0002104539

**ORGANIZATION NAME:**
- **EIN:** 412899312
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 9845003P49008DEE8F13

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26615
- **FILM NUMBER:** 26984230

**BUSINESS ADDRESS:**
- **STREET 1:** 850 NEW BURTON ROAD
- **STREET 2:** SUITE 201
- **CITY:** DOVER
- **STATE:** DE
- **ZIP:** 19904
- **BUSINESS PHONE:** 2127749000

**MAIL ADDRESS:**
- **STREET 1:** ONE VANDERBILT AVENUE
- **STREET 2:** 33RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

### 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:** Blue Sparrow LLC /DE<br>**Address:** ONE VANDERBILT AVENUE<br>33RD FLOOR<br>NEW YORK, NY 10017

**Form 13F File Number:** 028-26615

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:** Ursula Clay<br>**Title:** Chief Compliance Officer<br>**Phone:** 2127749470

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

Ursula Clay  New York, NY  05-15-2026<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:** 176

**Form 13F Information Table Value Total:** $5849193798

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M ORD | COM | 88579Y101 |  | 4327854 | 29800 | SH |  | SOLE |  | 29800 | 0 | 0 |
| ABBVIE ORD | COM | 00287Y109 |  | 76012755 | 349500 | SH |  | SOLE |  | 349500 | 0 | 0 |
| ADOBE ORD | COM | 00724F101 |  | 7025012 | 28900 | SH |  | SOLE |  | 28900 | 0 | 0 |
| ADVANCED MICRO DEVICES ORD | COM | 007903107 |  | 141241449 | 694300 | SH |  | SOLE |  | 694300 | 0 | 0 |
| AFLAC ORD | COM | 001055102 |  | 1160732 | 10580 | SH |  | SOLE |  | 10580 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ REIT ORD | COM | 015271109 |  | 325868 | 7020 | SH |  | SOLE |  | 7020 | 0 | 0 |
| ALPHABET CL A ORD | CAP STK CL A | 02079K305 |  | 190065658 | 660960 | SH |  | SOLE |  | 660960 | 0 | 0 |
| ALPHABET CL C ORD | CAP STK CL C | 02079K107 |  | 87311578 | 304370 | SH |  | SOLE |  | 304370 | 0 | 0 |
| AMAZON COM ORD | COM | 023135106 |  | 74852238 | 359400 | SH |  | SOLE |  | 359400 | 0 | 0 |
| AMERICAN ELECTRIC POWER ORD | COM | 025537101 |  | 4534057 | 34590 | SH |  | SOLE |  | 34590 | 0 | 0 |
| AMERICAN EXPRESS ORD | COM | 025816109 |  | 5662426 | 18720 | SH |  | SOLE |  | 18720 | 0 | 0 |
| AMERICAN INTERNATIONAL GROUP ORD | COM NEW | 026874784 |  | 1114453 | 14810 | SH |  | SOLE |  | 14810 | 0 | 0 |
| AMERICAN TOWER REIT | COM | 03027X100 |  | 5465609 | 31670 | SH |  | SOLE |  | 31670 | 0 | 0 |
| AMGEN ORD | COM | 031162100 |  | 1766287 | 5020 | SH |  | SOLE |  | 5020 | 0 | 0 |
| ANALOG DEVICES ORD | COM | 032654105 |  | 9989596 | 31400 | SH |  | SOLE |  | 31400 | 0 | 0 |
| AON CL A ORD | SHS CL A | G0403H108 |  | 5810040 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| APPLE ORD | COM | 037833100 |  | 156085926 | 615020 | SH |  | SOLE |  | 615020 | 0 | 0 |
| APPLIED MATERIAL ORD | COM | 038222105 |  | 13737224 | 40192 | SH |  | SOLE |  | 40192 | 0 | 0 |
| APPLOVIN CL A ORD | COM CL A | 03831W108 |  | 8795800 | 22100 | SH |  | SOLE |  | 22100 | 0 | 0 |
| AT ORD | COM | 00206R102 |  | 1078428 | 37200 | SH |  | SOLE |  | 37200 | 0 | 0 |
| AVALONBAY COMMUNITIES REIT ORD | COM | 053484101 |  | 2453517 | 15020 | SH |  | SOLE |  | 15020 | 0 | 0 |
| BAKER HUGHES CL A ORD | CL A | 05722G100 |  | 457875 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| BANK OF AMERICA ORD | COM | 060505104 |  | 28270418 | 579906 | SH |  | SOLE |  | 579906 | 0 | 0 |
| BECTON DICKINSON ORD | COM | 075887109 |  | 6699570 | 42610 | SH |  | SOLE |  | 42610 | 0 | 0 |
| BERKSHIRE HATHAWAY CL B ORD | CL B NEW | 084670702 |  | 14998960 | 31300 | SH |  | SOLE |  | 31300 | 0 | 0 |
| BLACKROCK ORD | COM | 09290D101 |  | 6464615 | 6722 | SH |  | SOLE |  | 6722 | 0 | 0 |
| BOEING ORD | COM | 097023105 |  | 5785802 | 29070 | SH |  | SOLE |  | 29070 | 0 | 0 |
| BOOKING HOLDINGS ORD | COM | 09857L108 |  | 2526192 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| BROADCOM ORD | COM | 11135F101 |  | 270402173 | 873646 | SH |  | SOLE |  | 873646 | 0 | 0 |
| CAMDEN PROPERTY REIT ORD | SH BEN INT | 133131102 |  | 1650454 | 16900 | SH |  | SOLE |  | 16900 | 0 | 0 |
| CANADIAN IMPERIAL BANK COMMERCE ORD | COM | 136069101 |  | 36952500 | 390000 | SH |  | SOLE |  | 390000 | 0 | 0 |
| CAPITAL ONE FINANCIAL ORD | COM | 14040H105 |  | 4797727 | 26299 | SH |  | SOLE |  | 26299 | 0 | 0 |
| CDN NATURAL RESOURCE ORD | COM | 136385101 |  | 225132600 | 4620000 | SH |  | SOLE |  | 4620000 | 0 | 0 |
| CENCORA ORD | COM | 03073E105 |  | 23705004 | 75460 | SH |  | SOLE |  | 75460 | 0 | 0 |
| CENTENE ORD | COM | 15135B101 |  | 30690803 | 937410 | SH |  | SOLE |  | 937410 | 0 | 0 |
| CENTERPOINT ENERGY ORD | COM | 15189T107 |  | 2669878 | 61860 | SH |  | SOLE |  | 61860 | 0 | 0 |
| CHARLES SCHWAB ORD | COM | 808513105 |  | 32527418 | 346110 | SH |  | SOLE |  | 346110 | 0 | 0 |
| CHEVRON ORD | COM | 166764100 |  | 12033718 | 58162 | SH |  | SOLE |  | 58162 | 0 | 0 |
| CHUBB ORD | COM | H1467J104 |  | 9412532 | 28879 | SH |  | SOLE |  | 28879 | 0 | 0 |
| CIGNA ORD | COM | 125523100 |  | 5068250 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| CINTAS ORD | COM | 172908105 |  | 4228500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| CITIGROUP ORD | COM NEW | 172967424 |  | 8658286 | 76345 | SH |  | SOLE |  | 76345 | 0 | 0 |
| CME GROUP CL A ORD | COM | 12572Q105 |  | 8290179 | 28069 | SH |  | SOLE |  | 28069 | 0 | 0 |
| CMS ENERGY ORD | COM | 125896100 |  | 1669522 | 21520 | SH |  | SOLE |  | 21520 | 0 | 0 |
| COCA-COLA ORD | COM | 191216100 |  | 6852105 | 90100 | SH |  | SOLE |  | 90100 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTN CL A ORD | CL A | 192446102 |  | 11472450 | 187000 | SH |  | SOLE |  | 187000 | 0 | 0 |
| COINBASE GLOBAL CL A ORD | COM CL A | 19260Q107 |  | 14091027 | 80700 | SH |  | SOLE |  | 80700 | 0 | 0 |
| CONOCOPHILLIPS ORD | COM | 20825C104 |  | 15096840 | 114370 | SH |  | SOLE |  | 114370 | 0 | 0 |
| CONSOLIDATED EDISON ORD | COM | 209115104 |  | 1920665 | 16970 | SH |  | SOLE |  | 16970 | 0 | 0 |
| CONSTELLATION BRANDS CL A ORD | CL A | 21036P108 |  | 900000 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| COREWEAVE CL A ORD | COM CL A | 21873S108 |  | 7747000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| COSTAR GROUP ORD | COM | 22160N109 |  | 248494 | 6160 | SH |  | SOLE |  | 6160 | 0 | 0 |
| COSTCO WHOLESALE ORD | COM | 22160K105 |  | 41441524 | 41590 | SH |  | SOLE |  | 41590 | 0 | 0 |
| CROWDSTRIKE HOLDINGS CL A ORD | CL A | 22788C105 |  | 32159243 | 82373 | SH |  | SOLE |  | 82373 | 0 | 0 |
| CROWN CASTLE ORD | COM | 22822V101 |  | 2274241 | 27970 | SH |  | SOLE |  | 27970 | 0 | 0 |
| CSX ORD | COM | 126408103 |  | 13989840 | 340800 | SH |  | SOLE |  | 340800 | 0 | 0 |
| CVS HEALTH ORD | COM | 126650100 |  | 6318724 | 87980 | SH |  | SOLE |  | 87980 | 0 | 0 |
| DEERE ORD | COM | 244199105 |  | 10825499 | 19218 | SH |  | SOLE |  | 19218 | 0 | 0 |
| DELL TECHNOLOGIES CL C ORD | CL C | 24703L202 |  | 10816167 | 65900 | SH |  | SOLE |  | 65900 | 0 | 0 |
| DELTA AIR LINES ORD | COM NEW | 247361702 |  | 679426 | 10220 | SH |  | SOLE |  | 10220 | 0 | 0 |
| DEVON ENERGY ORD | COM | 25179M103 |  | 1170443 | 23260 | SH |  | SOLE |  | 23260 | 0 | 0 |
| DIGITAL REALTY REIT ORD | COM | 253868103 |  | 3870911 | 21480 | SH |  | SOLE |  | 21480 | 0 | 0 |
| DTE ENERGY ORD | COM | 233331107 |  | 1419796 | 9710 | SH |  | SOLE |  | 9710 | 0 | 0 |
| DUKE ENERGY ORD | COM NEW | 26441C204 |  | 4974672 | 37992 | SH |  | SOLE |  | 37992 | 0 | 0 |
| EBAY ORD | COM | 278642103 |  | 3018223 | 33160 | SH |  | SOLE |  | 33160 | 0 | 0 |
| ECOLAB ORD | COM | 278865100 |  | 2160082 | 8120 | SH |  | SOLE |  | 8120 | 0 | 0 |
| ELEVANCE HEALTH ORD | COM | 036752103 |  | 4423453 | 15110 | SH |  | SOLE |  | 15110 | 0 | 0 |
| ELI LILLY ORD | COM | 532457108 |  | 44434089 | 48310 | SH |  | SOLE |  | 48310 | 0 | 0 |
| EOG RESOURCES ORD | COM | 26875P101 |  | 2499615 | 17290 | SH |  | SOLE |  | 17290 | 0 | 0 |
| EQUINIX REIT ORD | COM | 29444U700 |  | 5881440 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| EQUITY RESIDENTIAL REIT ORD | SH BEN INT | 29476L107 |  | 1307807 | 22110 | SH |  | SOLE |  | 22110 | 0 | 0 |
| EXTRA SPACE STORAGE REIT ORD | COM | 30225T102 |  | 1792547 | 13670 | SH |  | SOLE |  | 13670 | 0 | 0 |
| FEDERAL REIT ORD | SH BEN INT NEW | 313745101 |  | 9659800 | 90950 | SH |  | SOLE |  | 90950 | 0 | 0 |
| FEDEX ORD | COM | 31428X106 |  | 2465834 | 6923 | SH |  | SOLE |  | 6923 | 0 | 0 |
| FREEPORT MCMORAN ORD | CL B | 35671D857 |  | 4079332 | 69400 | SH |  | SOLE |  | 69400 | 0 | 0 |
| GE AEROSPACE ORD | COM NEW | 369604301 |  | 12034686 | 42410 | SH |  | SOLE |  | 42410 | 0 | 0 |
| GE VERNOVA ORD | COM | 36828A101 |  | 2705990 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| GENERAL DYNAMICS ORD | COM | 369550108 |  | 15506680 | 45180 | SH |  | SOLE |  | 45180 | 0 | 0 |
| GENERAL MOTORS ORD | COM | 37045V100 |  | 4470000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| GLOBAL PAYMENTS ORD | COM | 37940X102 |  | 4994333 | 74210 | SH |  | SOLE |  | 74210 | 0 | 0 |
| GOLDMAN SACHS GROUP ORD | COM | 38141G104 |  | 129321415 | 152864 | SH |  | SOLE |  | 152864 | 0 | 0 |
| GRANITE CONSTRUCTION ORD | COM | 387328107 |  | 6713280 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| HALLIBURTON ORD | COM | 406216101 |  | 457353 | 11730 | SH |  | SOLE |  | 11730 | 0 | 0 |
| HOME DEPOT ORD | COM | 437076102 |  | 17332503 | 52700 | SH |  | SOLE |  | 52700 | 0 | 0 |
| HONEYWELL INTERNATIONAL ORD | COM | 438516106 |  | 52258136 | 231200 | SH |  | SOLE |  | 231200 | 0 | 0 |
| HUMANA ORD | COM | 444859102 |  | 1071550 | 6180 | SH |  | SOLE |  | 6180 | 0 | 0 |
| INTEL ORD | COM | 458140100 |  | 28186272 | 638710 | SH |  | SOLE |  | 638710 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE ORD | COM | 45866F104 |  | 1163872 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| INTERNATIONAL FLAVORS  FRAGRANS ORD | COM | 459506101 |  | 72550 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| INTUIT ORD | COM | 461202103 |  | 2767232 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| INTUITIVE SURGICAL ORD | COM NEW | 46120E602 |  | 6795915 | 14742 | SH |  | SOLE |  | 14742 | 0 | 0 |
| IQVIA HOLDINGS ORD | COM | 46266C105 |  | 1323390 | 7760 | SH |  | SOLE |  | 7760 | 0 | 0 |
| IRON MOUNTAIN ORD | COM | 46284V101 |  | 1953938 | 19130 | SH |  | SOLE |  | 19130 | 0 | 0 |
| ISHARES CORE S 500 ETF | CORE S ETF | 464287200 |  | 875301400 | 1340000 | SH |  | SOLE |  | 1340000 | 0 | 0 |
| JOHNSON  JOHNSON ORD | COM | 478160104 |  | 22292928 | 91200 | SH |  | SOLE |  | 91200 | 0 | 0 |
| JOHNSON CONTROLS INTERNATIONAL ORD | SHS | G51502105 |  | 3404700 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| JPMORGAN CHASE ORD | COM | 46625H100 |  | 53658020 | 182411 | SH |  | SOLE |  | 182411 | 0 | 0 |
| KENVUE ORD | COM | 49177J102 |  | 11416328 | 662200 | SH |  | SOLE |  | 662200 | 0 | 0 |
| KLA ORD | COM NEW | 482480100 |  | 2575245 | 1749 | SH |  | SOLE |  | 1749 | 0 | 0 |
| LAM RESEARCH ORD | COM NEW | 512807306 |  | 16708212 | 78200 | SH |  | SOLE |  | 78200 | 0 | 0 |
| LAMB WESTON HOLDINGS ORD | COM | 513272104 |  | 371043 | 8780 | SH |  | SOLE |  | 8780 | 0 | 0 |
| LCI INDUSTRIES ORD | COM | 50189K103 |  | 6394960 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |
| LINDE ORD | SHS | G54950103 |  | 5056752 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| LOEWS ORD | COM | 540424108 |  | 1214701 | 11380 | SH |  | SOLE |  | 11380 | 0 | 0 |
| LOWE'S COMPANIES ORD | COM | 548661107 |  | 4725600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| LULULEMON ATHLETICA ORD | COM | 550021109 |  | 1668790 | 10900 | SH |  | SOLE |  | 10900 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES CL A ORD | SHS - A - | N53745100 |  | 559892 | 6950 | SH |  | SOLE |  | 6950 | 0 | 0 |
| MARSH ORD | COM | 571748102 |  | 5337057 | 30770 | SH |  | SOLE |  | 30770 | 0 | 0 |
| MARVELL TECHNOLOGY ORD | COM | 573874104 |  | 2672666 | 26983 | SH |  | SOLE |  | 26983 | 0 | 0 |
| MASTERCARD CL A ORD | CL A | 57636Q104 |  | 109575438 | 219300 | SH |  | SOLE |  | 219300 | 0 | 0 |
| MCDONALD'S ORD | COM | 580135101 |  | 15264762 | 49116 | SH |  | SOLE |  | 49116 | 0 | 0 |
| MERCK  CO ORD | COM | 58933Y105 |  | 16467701 | 136900 | SH |  | SOLE |  | 136900 | 0 | 0 |
| META PLATFORMS CL A ORD | CL A | 30303M102 |  | 327143934 | 571800 | SH |  | SOLE |  | 571800 | 0 | 0 |
| MICROCHIP TECHNOLOGY ORD | COM | 595017104 |  | 21610753 | 334480 | SH |  | SOLE |  | 334480 | 0 | 0 |
| MICRON TECHNOLOGY ORD | COM | 595112103 |  | 60616266 | 179423 | SH |  | SOLE |  | 179423 | 0 | 0 |
| MICROSOFT ORD | COM | 594918104 |  | 241350840 | 652000 | SH |  | SOLE |  | 652000 | 0 | 0 |
| MID AMERICA APT COMMUNITI REIT ORD | COM | 59522J103 |  | 1941708 | 15900 | SH |  | SOLE |  | 15900 | 0 | 0 |
| MOLSON COORS BEVERAGE COMPA CL B ORD | CL B | 60871R209 |  | 278168 | 6460 | SH |  | SOLE |  | 6460 | 0 | 0 |
| MORGAN STANLEY ORD | COM NEW | 617446448 |  | 141056403 | 857121 | SH |  | SOLE |  | 857121 | 0 | 0 |
| NETFLIX ORD | COM | 64110L106 |  | 8365050 | 87000 | SH |  | SOLE |  | 87000 | 0 | 0 |
| NEWS CL B ORD | CL B | 65249B208 |  | 156805 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| NORFOLK SOUTHERN ORD | COM | 655844108 |  | 4305000 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| NVIDIA ORD | COM | 67066G104 |  | 526252000 | 3017500 | SH |  | SOLE |  | 3017500 | 0 | 0 |
| NXP SEMICONDUCTORS ORD | COM | N6596X109 |  | 2913528 | 14800 | SH |  | SOLE |  | 14800 | 0 | 0 |
| O REILLY AUTOMOTIVE ORD | COM | 67103H107 |  | 1913586 | 20730 | SH |  | SOLE |  | 20730 | 0 | 0 |
| OCCIDENTAL PETROLEUM ORD | COM | 674599105 |  | 6128850 | 94290 | SH |  | SOLE |  | 94290 | 0 | 0 |
| ON SEMICONDUCTOR ORD | COM | 682189105 |  | 4335638 | 70020 | SH |  | SOLE |  | 70020 | 0 | 0 |
| ORACLE ORD | COM | 68389X105 |  | 57299345 | 389500 | SH |  | SOLE |  | 389500 | 0 | 0 |
| PALANTIR TECHNOLOGIES CL A ORD | CL A | 69608A108 |  | 214066152 | 1463400 | SH |  | SOLE |  | 1463400 | 0 | 0 |
| PEPSICO ORD | COM | 713448108 |  | 19970294 | 128600 | SH |  | SOLE |  | 128600 | 0 | 0 |
| PHILIP MORRIS INTERNATIONAL ORD | COM | 718172109 |  | 5985308 | 36200 | SH |  | SOLE |  | 36200 | 0 | 0 |
| PHILLIPS 66 ORD | COM | 718546104 |  | 1349954 | 7410 | SH |  | SOLE |  | 7410 | 0 | 0 |
| PNC FINANCIAL SERVICES GROUP ORD | COM | 693475105 |  | 3704002 | 17800 | SH |  | SOLE |  | 17800 | 0 | 0 |
| PPL ORD | COM | 69351T106 |  | 1625410 | 42550 | SH |  | SOLE |  | 42550 | 0 | 0 |
| PROCTER  GAMBLE ORD | COM | 742718109 |  | 21382898 | 148040 | SH |  | SOLE |  | 148040 | 0 | 0 |
| PTC ORD | COM | 69370C100 |  | 1145620 | 8040 | SH |  | SOLE |  | 8040 | 0 | 0 |
| PTC THERAPEUTICS ORD | COM | 69366J200 |  | 12985578 | 190600 | SH |  | SOLE |  | 190600 | 0 | 0 |
| PUBLIC SERVICE ENTERPRISE GROUP ORD | COM | 744573106 |  | 1052350 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| RAYMOND JAMES ORD | COM | 754730109 |  | 10135300 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| REGENCY CENTERS REIT ORD | COM | 758849103 |  | 2088216 | 27600 | SH |  | SOLE |  | 27600 | 0 | 0 |
| REPUBLIC SERVICES ORD | COM | 760759100 |  | 1763111 | 8050 | SH |  | SOLE |  | 8050 | 0 | 0 |
| ROBINHOOD MARKETS CL A ORD | COM CL A | 770700102 |  | 22522500 | 325000 | SH |  | SOLE |  | 325000 | 0 | 0 |
| ROSS STORES ORD | COM | 778296103 |  | 4332600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ROYAL BANK OF CANADA ORD | COM | 780087102 |  | 527402800 | 3260000 | SH |  | SOLE |  | 3260000 | 0 | 0 |
| RTX ORD | COM | 75513E101 |  | 8969850 | 46500 | SH |  | SOLE |  | 46500 | 0 | 0 |
| S GLOBAL ORD | COM | 78409V104 |  | 552942 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| SALESFORCE ORD | COM | 79466L302 |  | 4162741 | 22300 | SH |  | SOLE |  | 22300 | 0 | 0 |
| SBA COMMUNICATIONS CL A REIT ORD | CL A | 78410G104 |  | 1191001 | 6920 | SH |  | SOLE |  | 6920 | 0 | 0 |
| SEMPRA ORD | COM | 816851109 |  | 2292240 | 23590 | SH |  | SOLE |  | 23590 | 0 | 0 |
| SHERWIN WILLIAMS ORD | COM | 824348106 |  | 8013750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SIMON PROP GRP REIT ORD | COM | 828806109 |  | 3965628 | 21260 | SH |  | SOLE |  | 21260 | 0 | 0 |
| SLB ORD | COM STK | 806857108 |  | 3462144 | 67370 | SH |  | SOLE |  | 67370 | 0 | 0 |
| SYSCO ORD | COM | 871829107 |  | 1111321 | 15580 | SH |  | SOLE |  | 15580 | 0 | 0 |
| TE CONNECTIVITY ORD | ORD SHS | G87052109 |  | 4199212 | 20090 | SH |  | SOLE |  | 20090 | 0 | 0 |
| TESLA ORD | COM | 88160R101 |  | 202232000 | 544000 | SH |  | SOLE |  | 544000 | 0 | 0 |
| TEXAS INSTRUMENTS ORD | COM | 882508104 |  | 718318 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| THE HARTFORD INSURANCE GROUP ORD | COM | 416515104 |  | 1158921 | 8570 | SH |  | SOLE |  | 8570 | 0 | 0 |
| THERMO FISHER SCIENTIFIC ORD | COM | 883556102 |  | 4276311 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| TJX ORD | COM | 872540109 |  | 7128848 | 44639 | SH |  | SOLE |  | 44639 | 0 | 0 |
| TRAVELERS COMPANIES ORD | COM | 89417E109 |  | 4375200 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| TRUIST FINANCIAL ORD | COM | 89832Q109 |  | 2808767 | 61100 | SH |  | SOLE |  | 61100 | 0 | 0 |
| TYSON FOODS CL A ORD | CL A | 902494103 |  | 1271149 | 19840 | SH |  | SOLE |  | 19840 | 0 | 0 |
| UBER TECHNOLOGIES ORD | COM | 90353T100 |  | 9336514 | 129800 | SH |  | SOLE |  | 129800 | 0 | 0 |
| UDR REIT ORD | COM | 902653104 |  | 679654 | 20120 | SH |  | SOLE |  | 20120 | 0 | 0 |
| UNION PACIFIC ORD | COM | 907818108 |  | 4636468 | 19110 | SH |  | SOLE |  | 19110 | 0 | 0 |
| UNITEDHEALTH GRP ORD | COM | 91324P102 |  | 6115334 | 22600 | SH |  | SOLE |  | 22600 | 0 | 0 |
| UNIVERSAL HEALTH SERVICES CL B ORD | CL B | 913903100 |  | 930644 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| US BANCORP ORD | COM NEW | 902973304 |  | 995992 | 19150 | SH |  | SOLE |  | 19150 | 0 | 0 |
| VALERO ENERGY ORD | COM | 91913Y100 |  | 1559075 | 6310 | SH |  | SOLE |  | 6310 | 0 | 0 |
| WALMART ORD | COM | 931142103 |  | 38265812 | 307900 | SH |  | SOLE |  | 307900 | 0 | 0 |
| WALT DISNEY ORD | COM | 254687106 |  | 4028684 | 41800 | SH |  | SOLE |  | 41800 | 0 | 0 |
| WASTE MANAGEMENT ORD | COM | 94106L109 |  | 2077302 | 9040 | SH |  | SOLE |  | 9040 | 0 | 0 |
| WATERS ORD | COM | 941848103 |  | 1717115 | 5766 | SH |  | SOLE |  | 5766 | 0 | 0 |
| WELLS FARGO ORD | COM | 949746101 |  | 1959202 | 24610 | SH |  | SOLE |  | 24610 | 0 | 0 |
| WR BERKLEY ORD | COM | 084423102 |  | 956420 | 14430 | SH |  | SOLE |  | 14430 | 0 | 0 |
| YUM BRANDS ORD | COM | 988498101 |  | 1169210 | 7520 | SH |  | SOLE |  | 7520 | 0 | 0 |

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