# EDGAR Filing Document

**Accession Number:** 0001637689
**File Stem:** 0001172661-25-005306
**Filing Date:** 2025-12
**Character Count:** 38218
**Document Hash:** edf57c934cc69684a5c1875fc39208a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-005306.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001172661-25-005306

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20150930

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**EFFECTIVENESS DATE**: 20251229

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Swiss Life Asset Management Ltd
- **CENTRAL INDEX KEY:** 0001637689

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** V8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25895
- **FILM NUMBER:** 251607823

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** GENERAL GUISAN-QUAI 40
- **CITY:** ZURICH
- **PROVINCE COUNTRY:** V8
- **ZIP:** 8002
- **BUSINESS PHONE:** 0042432845424

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** GENERAL GUISAN-QUAI 40
- **CITY:** ZURICH
- **PROVINCE COUNTRY:** V8
- **ZIP:** 8002

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2015

**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:** Swiss Life Asset Management Ltd<br>**Address:** General Guisan-quai 40<br>Zurich, V8 8002

**Form 13F File Number:** 028-25895

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:** Philipp Menzi<br>**Title:** Deputy Head Operations CH<br>**Phone:** 41-43-547-73-50

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

/s/ Philipp Menzi  Zurich, V8  12-29-2025<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 362

**Form 13F Information Table Value Total:** $2055235407

      (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   |
|:---|:---|:---|
|  | Swiss Life Asset Managers France | 028-25896              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 13006972 | 91747 | SH |  | SOLE |  | 91747 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 253829 | 6300 | SH |  | DFND | 1 | 6300 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 508180 | 12635 | SH |  | SOLE |  | 12635 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 7836346 | 144024 | SH |  | SOLE |  | 144024 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1477087 | 27100 | SH |  | DFND | 1 | 27100 | 0 | 0 |
| ACE LTD | SHS | H0023R105 |  | 3042545 | 29425 | SH |  | SOLE |  | 29425 | 0 | 0 |
| AETNA INC NEW | COM | 00817Y108 |  | 1962378 | 17936 | SH |  | SOLE |  | 17936 | 0 | 0 |
| AFFILIATED MANAGERS GROUP | COM | 008252108 |  | 330182 | 1931 | SH |  | SOLE |  | 1931 | 0 | 0 |
| ALEXION PHARMACEUTICALS INC | COM | 015351109 |  | 5995680 | 38338 | SH |  | SOLE |  | 38338 | 0 | 0 |
| ALTERA CORP | COM | 021441100 |  | 915212 | 18275 | SH |  | SOLE |  | 18275 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1825584 | 33500 | SH |  | DFND | 1 | 33500 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 13709942 | 252021 | SH |  | SOLE |  | 252021 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 14333 | 28 | SH |  | DFND | 1 | 28 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 11028670 | 21545 | SH |  | SOLE |  | 21545 | 0 | 0 |
| AMEREN CORP | COM | 023608102 |  | 404862 | 9578 | SH |  | SOLE |  | 9578 | 0 | 0 |
| AMERICAN CAPITAL AGENCY CORP | COM | 02503X105 |  | 1378724 | 73600 | SH |  | DFND | 1 | 73600 | 0 | 0 |
| AMERICAN ELEC PWR INC | COM | 025537101 |  | 15110318 | 265746 | SH |  | SOLE |  | 265746 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 8785146 | 118510 | SH |  | SOLE |  | 118510 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 20203146 | 355564 | SH |  | SOLE |  | 355564 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 9632578 | 88267 | SH |  | SOLE |  | 88267 | 0 | 0 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 678419 | 7142 | SH |  | SOLE |  | 7142 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 124705 | 900 | SH |  | DFND | 1 | 900 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 15170246 | 109675 | SH |  | SOLE |  | 109675 | 0 | 0 |
| ANNALY CAP MGMT INC | COM | 035710409 |  | 1414864 | 143100 | SH |  | DFND | 1 | 143100 | 0 | 0 |
| ANTHEM INC | COM | 036752103 |  | 3362380 | 24017 | SH |  | SOLE |  | 24017 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 52037444 | 471781 | SH |  | SOLE |  | 471781 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1425356 | 12900 | SH |  | DFND | 1 | 12900 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 1037784 | 25037 | SH |  | SOLE |  | 25037 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 400581 | 5070 | SH |  | SOLE |  | 5070 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2134454 | 65400 | SH |  | DFND | 1 | 65400 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 7367609 | 226139 | SH |  | SOLE |  | 226139 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 9746704 | 121288 | SH |  | SOLE |  | 121288 | 0 | 0 |
| AUTONATION INC | COM | 05329W102 |  | 494355 | 8497 | SH |  | SOLE |  | 8497 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 374220 | 517 | SH |  | SOLE |  | 517 | 0 | 0 |
| AVAGO TECHNOLOGIES LTD | SHS | Y0486S104 |  | 370280 | 2962 | SH |  | SOLE |  | 2962 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 2381005 | 13596 | SH |  | DFND | 1 | 13596 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 296370 | 5239 | SH |  | SOLE |  | 5239 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 16107025 | 1033827 | SH |  | SOLE |  | 1033827 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1888165 | 48229 | SH |  | SOLE |  | 48229 | 0 | 0 |
| BARD C R INC | COM | 067383109 |  | 958938 | 5147 | SH |  | SOLE |  | 5147 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 813865 | 24732 | SH |  | DFND | 1 | 24732 | 0 | 0 |
| BAYTEX ENERGY CORP | COM | 07317Q105 |  | 334361 | 104800 | SH |  | DFND | 1 | 104800 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 13353290 | 100658 | SH |  | SOLE |  | 100658 | 0 | 0 |
| BED BATH  BEYOND INC | COM | 075896100 |  | 815272 | 14298 | SH |  | SOLE |  | 14298 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 11054399 | 84773 | SH |  | SOLE |  | 84773 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 681746 | 18366 | SH |  | SOLE |  | 18366 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 5731732 | 19642 | SH |  | SOLE |  | 19642 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 6940868 | 23333 | SH |  | SOLE |  | 23333 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 7181429 | 54841 | SH |  | SOLE |  | 54841 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 320867 | 7715 | SH |  | SOLE |  | 7715 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 603248 | 36761 | SH |  | SOLE |  | 36761 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 8671675 | 146481 | SH |  | SOLE |  | 146481 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 1257232 | 21200 | SH |  | DFND | 1 | 21200 | 0 | 0 |
| BROADCOM CORP | CL A | 111320107 |  | 584348 | 11362 | SH |  | SOLE |  | 11362 | 0 | 0 |
| CABLEVISION SYS CORP | CL A NY CABLVS | 12686C109 |  | 297912 | 9175 | SH |  | SOLE |  | 9175 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 932825 | 12143 | SH |  | SOLE |  | 12143 | 0 | 0 |
| CARNIVAL CORP | PAIRED CTF | 143658300 |  | 768114 | 15455 | SH |  | SOLE |  | 15455 | 0 | 0 |
| CATERPILLAR INC DEL | COM | 149123101 |  | 1056544 | 16165 | SH |  | SOLE |  | 16165 | 0 | 0 |
| CBS CORP NEW | CL B | 124857202 |  | 249096 | 6243 | SH |  | SOLE |  | 6243 | 0 | 0 |
| CELGENE CORP | COM | 151020104 |  | 8736458 | 80766 | SH |  | SOLE |  | 80766 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 460824 | 25500 | SH |  | DFND | 1 | 25500 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 522781 | 28979 | SH |  | SOLE |  | 28979 | 0 | 0 |
| CENTURYLINK INC | COM | 156700106 |  | 1270776 | 50500 | SH |  | DFND | 1 | 50500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1947078 | 24641 | SH |  | DFND | 1 | 24641 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6244614 | 79166 | SH |  | SOLE |  | 79166 | 0 | 0 |
| CHUBB CORP | COM | 171232101 |  | 6318683 | 51518 | SH |  | SOLE |  | 51518 | 0 | 0 |
| CIGNA CORPORATION | COM | 125509109 |  | 1752020 | 12976 | SH |  | SOLE |  | 12976 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 401994 | 7472 | SH |  | SOLE |  | 7472 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 406712 | 4743 | SH |  | SOLE |  | 4743 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 971041 | 36951 | SH |  | DFND | 1 | 36951 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 10335491 | 393733 | SH |  | SOLE |  | 393733 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 14038886 | 282985 | SH |  | SOLE |  | 282985 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 3369065 | 67911 | SH |  | DFND | 1 | 67911 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 450336 | 3898 | SH |  | SOLE |  | 3898 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 140498 | 1214 | SH |  | DFND | 1 | 1214 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 367343 | 3961 | SH |  | SOLE |  | 3961 | 0 | 0 |
| COACH INC | COM | 189754104 |  | 228634 | 7903 | SH |  | SOLE |  | 7903 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3159851 | 78760 | SH |  | SOLE |  | 78760 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2017783 | 50206 | SH |  | DFND | 1 | 50206 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 497061 | 7939 | SH |  | SOLE |  | 7939 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 14714173 | 258688 | SH |  | SOLE |  | 258688 | 0 | 0 |
| COMMUNICATIONS SALES IN | COM | 20341J104 |  | 1188843 | 66300 | SH |  | DFND | 1 | 66300 | 0 | 0 |
| CONAGRA FOODS INC | COM | 205887102 |  | 413161 | 10199 | SH |  | SOLE |  | 10199 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 6355323 | 132513 | SH |  | SOLE |  | 132513 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 386148 | 3084 | SH |  | SOLE |  | 3084 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 1721844 | 100575 | SH |  | SOLE |  | 100575 | 0 | 0 |
| CRESCENT PT ENERGY CORP | COM | 22576C101 |  | 1078195 | 94500 | SH |  | DFND | 1 | 94500 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 5866621 | 218090 | SH |  | SOLE |  | 218090 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 414667 | 3819 | SH |  | SOLE |  | 3819 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 7594713 | 78718 | SH |  | SOLE |  | 78718 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 236876 | 8068 | SH |  | SOLE |  | 8068 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 10305297 | 120940 | SH |  | SOLE |  | 120940 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 315147 | 4598 | SH |  | SOLE |  | 4598 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 704145 | 15693 | SH |  | SOLE |  | 15693 | 0 | 0 |
| DENTSPLY INTL INC NEW | COM | 249030107 |  | 301701 | 5966 | SH |  | SOLE |  | 5966 | 0 | 0 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 318179 | 6120 | SH |  | SOLE |  | 6120 | 0 | 0 |
| DISNEY WALT CO | COM DISNEY | 254687106 |  | 16150053 | 158024 | SH |  | SOLE |  | 158024 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 287838 | 4318 | SH |  | SOLE |  | 4318 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 571743 | 9999 | SH |  | SOLE |  | 9999 | 0 | 0 |
| DOW CHEM CO | COM | 260543103 |  | 9458422 | 223076 | SH |  | SOLE |  | 223076 | 0 | 0 |
| DOW CHEM CO | COM | 260543103 |  | 1066099 | 25100 | SH |  | DFND | 1 | 25100 | 0 | 0 |
| DR PEPPER SNAPPLE GROUP INC | COM | 26138E109 |  | 678091 | 8578 | SH |  | SOLE |  | 8578 | 0 | 0 |
| DU PONT E I DE NEMOURS  CO | COM | 263534109 |  | 8721453 | 180943 | SH |  | SOLE |  | 180943 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1239530 | 17200 | SH |  | DFND | 1 | 17200 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 20936698 | 291030 | SH |  | SOLE |  | 291030 | 0 | 0 |
| E M C CORP MASS | COM | 268648102 |  | 5194 | 215 | SH |  | DFND | 1 | 215 | 0 | 0 |
| E M C CORP MASS | COM | 268648102 |  | 213429 | 8834 | SH |  | SOLE |  | 8834 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 223090 | 3447 | SH |  | SOLE |  | 3447 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 416146 | 8112 | SH |  | SOLE |  | 8112 | 0 | 0 |
| EBAY INC | COM | 278642103 |  | 605648 | 24781 | SH |  | SOLE |  | 24781 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 9737211 | 88746 | SH |  | SOLE |  | 88746 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1287492 | 9056 | SH |  | SOLE |  | 9056 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 561783 | 8292 | SH |  | SOLE |  | 8292 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 480481 | 10878 | SH |  | SOLE |  | 10878 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 150440 | 3400 | SH |  | DFND | 1 | 3400 | 0 | 0 |
| ENSCO PLC | SHS CLASS A | G3157S106 |  | 408475 | 29011 | SH |  | SOLE |  | 29011 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 123906 | 1900 | SH |  | DFND | 1 | 1900 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 816094 | 12536 | SH |  | SOLE |  | 12536 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 5456724 | 74955 | SH |  | SOLE |  | 74955 | 0 | 0 |
| EQUINIX INC | COM PAR $0.001 | 29444U700 |  | 327260 | 1197 | SH |  | SOLE |  | 1197 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 2305246 | 30634 | SH |  | DFND | 1 | 30634 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 450822 | 8906 | SH |  | SOLE |  | 8906 | 0 | 0 |
| EXPRESS SCRIPTS HLDG CO | COM | 30219G108 |  | 1023415 | 12641 | SH |  | SOLE |  | 12641 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 47692551 | 641460 | SH |  | SOLE |  | 641460 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1759438 | 23623 | SH |  | DFND | 1 | 23623 | 0 | 0 |
| FACEBOOK INC | CL A | 30303M102 |  | 15486084 | 172259 | SH |  | SOLE |  | 172259 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 436624 | 6509 | SH |  | SOLE |  | 6509 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 390436 | 9133 | SH |  | SOLE |  | 9133 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 1224492 | 14138 | SH |  | SOLE |  | 14138 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 296990 | 7219 | SH |  | SOLE |  | 7219 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 212428 | 5016 | SH |  | SOLE |  | 5016 | 0 | 0 |
| FORD MTR CO DEL | COM PAR $0.01 | 345370860 |  | 1075015 | 79220 | SH |  | SOLE |  | 79220 | 0 | 0 |
| FOSSIL GROUP INC | COM | 34988V106 |  | 898439 | 16078 | SH |  | SOLE |  | 16078 | 0 | 0 |
| FRANKLIN RES INC | COM | 354613101 |  | 6477167 | 173837 | SH |  | SOLE |  | 173837 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 120181 | 12381 | SH |  | DFND | 1 | 12381 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 71551 | 7384 | SH |  | SOLE |  | 7384 | 0 | 0 |
| FRONTIER COMMUNICATIONS CORP | COM | 35906A108 |  | 1310435 | 275400 | SH |  | DFND | 1 | 275400 | 0 | 0 |
| FRONTIER COMMUNICATIONS CORP | COM | 35906A108 |  | 383016 | 80635 | SH |  | SOLE |  | 80635 | 0 | 0 |
| GAP INC DEL | COM | 364760108 |  | 1168215 | 40990 | SH |  | SOLE |  | 40990 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 309107 | 8600 | SH |  | DFND | 1 | 8600 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 826173 | 23026 | SH |  | SOLE |  | 23026 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 354256 | 2568 | SH |  | SOLE |  | 2568 | 0 | 0 |
| GENERAL ELECTRIC CO | COM | 369604103 |  | 18962590 | 751887 | SH |  | SOLE |  | 751887 | 0 | 0 |
| GENERAL ELECTRIC CO | COM | 369604103 |  | 78712 | 3158 | SH |  | DFND | 1 | 3158 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 10636018 | 189489 | SH |  | SOLE |  | 189489 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1338171 | 23799 | SH |  | DFND | 1 | 23799 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 981414 | 32692 | SH |  | SOLE |  | 32692 | 0 | 0 |
| GENWORTH FINL INC | COM CL A | 37247D106 |  | 174479 | 37766 | SH |  | SOLE |  | 37766 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 13139098 | 133813 | SH |  | SOLE |  | 133813 | 0 | 0 |
| GLOBAL X FDS | GLBX MSCI COLUM | 37950E200 |  | 305564 | 37038 | SH |  | SOLE |  | 37038 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 11319248 | 65143 | SH |  | SOLE |  | 65143 | 0 | 0 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 810065 | 27619 | SH |  | SOLE |  | 27619 | 0 | 0 |
| GOOGLE INC | CL A | 38259P508 |  | 17728173 | 27771 | SH |  | SOLE |  | 27771 | 0 | 0 |
| GOOGLE INC | CL C | 38259P706 |  | 17552309 | 28849 | SH |  | SOLE |  | 28849 | 0 | 0 |
| GOOGLE INC | CL A | 38259P508 |  | 96394 | 151 | SH |  | DFND | 1 | 151 | 0 | 0 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 315287 | 6887 | SH |  | SOLE |  | 6887 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 288416 | 3998 | SH |  | SOLE |  | 3998 | 0 | 0 |
| HCA HOLDINGS INC | COM | 40412C101 |  | 1753055 | 22661 | SH |  | SOLE |  | 22661 | 0 | 0 |
| HCP INC | COM | 40414L109 |  | 1259682 | 33758 | SH |  | DFND | 1 | 33758 | 0 | 0 |
| HEWLETT PACKARD CO | COM | 428236103 |  | 1308620 | 51098 | SH |  | SOLE |  | 51098 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 18800271 | 162787 | SH |  | SOLE |  | 162787 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 18680727 | 197283 | SH |  | SOLE |  | 197283 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 385874 | 6095 | SH |  | SOLE |  | 6095 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 244043 | 15436 | SH |  | SOLE |  | 15436 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 100078 | 6319 | SH |  | DFND | 1 | 6319 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 814092 | 4548 | SH |  | SOLE |  | 4548 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 14225061 | 172823 | SH |  | SOLE |  | 172823 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2034985 | 67400 | SH |  | DFND | 1 | 67400 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 16907997 | 560982 | SH |  | SOLE |  | 560982 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 366349 | 1559 | SH |  | SOLE |  | 1559 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 11578174 | 79866 | SH |  | SOLE |  | 79866 | 0 | 0 |
| INTL PAPER CO | COM | 460146103 |  | 722394 | 19116 | SH |  | SOLE |  | 19116 | 0 | 0 |
| ISHARES | MSCI CH CAP ETF | 464286640 |  | 484314 | 14694 | SH |  | SOLE |  | 14694 | 0 | 0 |
| ISHARES | MSCI MEX CAP ETF | 464286822 |  | 452955 | 8785 | SH |  | SOLE |  | 8785 | 0 | 0 |
| ISHARES | MSCI BRZ CAP ETF | 464286400 |  | 648886 | 29562 | SH |  | SOLE |  | 29562 | 0 | 0 |
| ISHARES | MSCI THI CAP ETF | 464286624 |  | 619176 | 9945 | SH |  | SOLE |  | 9945 | 0 | 0 |
| ISHARES | MSCI ISR CAP ETF | 464286632 |  | 1446337 | 30061 | SH |  | DFND | 1 | 30061 | 0 | 0 |
| ISHARES | MSCI STH AFR ETF | 464286780 |  | 323368 | 6024 | SH |  | SOLE |  | 6024 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 520317 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 309607100 | 9445000 | SH |  | SOLE |  | 9445000 | 0 | 0 |
| ISHARES TR | MSCI INDONIA ETF | 46429B309 |  | 470342 | 26588 | SH |  | SOLE |  | 26588 | 0 | 0 |
| ISHARES TR | MSCI PHILIPS ETF | 46429B408 |  | 712802 | 20727 | SH |  | SOLE |  | 20727 | 0 | 0 |
| ISHARES TR | USA MIN VOL ETF | 46429B697 |  | 7205380 | 182000 | SH |  | SOLE |  | 182000 | 0 | 0 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 314688000 | 9600000 | SH | Put | SOLE |  | 9600000 | 0 | 0 |
| ISHARES TR | CORE MSCI PAC | 46434V696 |  | 1124750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| JACOBS ENGR GROUP INC DEL | COM | 469814107 |  | 687552 | 18369 | SH |  | SOLE |  | 18369 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2357839 | 25214 | SH |  | DFND | 1 | 25214 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 39435894 | 422452 | SH |  | SOLE |  | 422452 | 0 | 0 |
| JOHNSON CTLS INC | COM | 478366107 |  | 428117 | 10351 | SH |  | SOLE |  | 10351 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 21750377 | 356739 | SH |  | SOLE |  | 356739 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 669308 | 26033 | SH |  | SOLE |  | 26033 | 0 | 0 |
| KELLOGG CO | COM | 487836108 |  | 369998 | 5550 | SH |  | DFND | 1 | 5550 | 0 | 0 |
| KIMBERLY CLARK CORP | COM | 494368103 |  | 1263578 | 11568 | SH |  | DFND | 1 | 11568 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1361795 | 49112 | SH |  | DFND | 1 | 49112 | 0 | 0 |
| KLA-TENCOR CORP | COM | 482480100 |  | 576400 | 11528 | SH |  | SOLE |  | 11528 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 702939 | 15179 | SH |  | SOLE |  | 15179 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 516134 | 7300 | SH |  | DFND | 1 | 7300 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 660694 | 18317 | SH |  | SOLE |  | 18317 | 0 | 0 |
| L BRANDS INC | COM | 501797104 |  | 637309 | 7071 | SH |  | SOLE |  | 7071 | 0 | 0 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 362181 | 3339 | SH |  | SOLE |  | 3339 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 330916 | 8700 | SH |  | DFND | 1 | 8700 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 324803 | 7874 | SH |  | SOLE |  | 7874 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 1735409 | 20700 | SH |  | DFND | 1 | 20700 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 575536 | 6877 | SH |  | SOLE |  | 6877 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 124603 | 600 | SH |  | DFND | 1 | 600 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 454424 | 2192 | SH |  | SOLE |  | 2192 | 0 | 0 |
| LOEWS CORP | COM | 540424108 |  | 441920 | 12228 | SH |  | SOLE |  | 12228 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 713253 | 10349 | SH |  | SOLE |  | 10349 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 549926 | 6597 | SH |  | SOLE |  | 6597 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 125258 | 1500 | SH |  | DFND | 1 | 1500 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 103360 | 6700 | SH |  | DFND | 1 | 6700 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 210041 | 13639 | SH |  | SOLE |  | 13639 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 6037337 | 88524 | SH |  | SOLE |  | 88524 | 0 | 0 |
| MASTERCARD INC | CL A | 57636Q104 |  | 13019096 | 144464 | SH |  | SOLE |  | 144464 | 0 | 0 |
| MATTEL INC | COM | 577081102 |  | 1337536 | 63400 | SH |  | DFND | 1 | 63400 | 0 | 0 |
| MATTEL INC | COM | 577081102 |  | 410186 | 19477 | SH |  | SOLE |  | 19477 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1251037 | 12675 | SH |  | DFND | 1 | 12675 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 6192808 | 62852 | SH |  | SOLE |  | 62852 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 113997 | 1700 | SH |  | DFND | 1 | 1700 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 7736122 | 115568 | SH |  | SOLE |  | 115568 | 0 | 0 |
| MERCK  CO INC NEW | COM | 58933Y105 |  | 23658452 | 479013 | SH |  | SOLE |  | 479013 | 0 | 0 |
| MERCK  CO INC NEW | COM | 58933Y105 |  | 1736617 | 35100 | SH |  | DFND | 1 | 35100 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 11607387 | 246180 | SH |  | SOLE |  | 246180 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC | COM | 595017104 |  | 316151 | 7337 | SH |  | SOLE |  | 7337 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 109545 | 7300 | SH |  | DFND | 1 | 7300 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 4074485 | 271995 | SH |  | SOLE |  | 271995 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 163986 | 3700 | SH |  | DFND | 1 | 3700 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 33462596 | 756046 | SH |  | SOLE |  | 756046 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 296863 | 1633 | SH |  | SOLE |  | 1633 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 8581089 | 204946 | SH |  | SOLE |  | 204946 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 221900 | 1642 | SH |  | SOLE |  | 1642 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 642204 | 20643 | SH |  | SOLE |  | 20643 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 213373 | 4001 | SH |  | SOLE |  | 4001 | 0 | 0 |
| NATIONAL OILWELL VARCO INC | COM | 637071101 |  | 768700 | 20417 | SH |  | SOLE |  | 20417 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 875716 | 29585 | SH |  | SOLE |  | 29585 | 0 | 0 |
| NETSCOUT SYS INC | COM | 64115T104 |  | 5710840 | 161460 | SH |  | SOLE |  | 161460 | 0 | 0 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 834020 | 46100 | SH |  | DFND | 1 | 46100 | 0 | 0 |
| NEWELL RUBBERMAID INC | COM | 651229106 |  | 302273 | 7612 | SH |  | SOLE |  | 7612 | 0 | 0 |
| NEWMONT MINING CORP | COM | 651639106 |  | 163287 | 10161 | SH |  | SOLE |  | 10161 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 206425 | 16357 | SH |  | SOLE |  | 16357 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 14959423 | 121651 | SH |  | SOLE |  | 121651 | 0 | 0 |
| NOBLE ENERGY INC | COM | 655044105 |  | 123954 | 4100 | SH |  | DFND | 1 | 4100 | 0 | 0 |
| NOBLE ENERGY INC | COM | 655044105 |  | 188504 | 6246 | SH |  | SOLE |  | 6246 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 306842 | 1849 | SH |  | SOLE |  | 1849 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 566292 | 15081 | SH |  | SOLE |  | 15081 | 0 | 0 |
| O REILLY AUTOMOTIVE INC NEW | COM | 67103H107 |  | 351250 | 1405 | SH |  | SOLE |  | 1405 | 0 | 0 |
| OCCIDENTAL PETE CORP DEL | COM | 674599105 |  | 5685328 | 85946 | SH |  | SOLE |  | 85946 | 0 | 0 |
| OCCIDENTAL PETE CORP DEL | COM | 674599105 |  | 132531 | 2000 | SH |  | DFND | 1 | 2000 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 171014 | 5311 | SH |  | SOLE |  | 5311 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 287081 | 8900 | SH |  | DFND | 1 | 8900 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 11450799 | 317021 | SH |  | SOLE |  | 317021 | 0 | 0 |
| OWENS ILL INC | COM NEW | 690768403 |  | 269091 | 12987 | SH |  | SOLE |  | 12987 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 7591465 | 145514 | SH |  | SOLE |  | 145514 | 0 | 0 |
| PARKER HANNIFIN CORP | COM | 701094104 |  | 5666557 | 58238 | SH |  | SOLE |  | 58238 | 0 | 0 |
| PATTERSON COMPANIES INC | COM | 703395103 |  | 561385 | 12980 | SH |  | SOLE |  | 12980 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 415105 | 8700 | SH |  | DFND | 1 | 8700 | 0 | 0 |
| PEOPLES UNITED FINANCIAL INC | COM | 712704105 |  | 381673 | 24264 | SH |  | SOLE |  | 24264 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 892597 | 9449 | SH |  | DFND | 1 | 9449 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 12217037 | 129555 | SH |  | SOLE |  | 129555 | 0 | 0 |
| PERKINELMER INC | COM | 714046109 |  | 316986 | 6897 | SH |  | SOLE |  | 6897 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 18714455 | 595812 | SH |  | SOLE |  | 595812 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1996226 | 63443 | SH |  | DFND | 1 | 63443 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1795990 | 22600 | SH |  | DFND | 1 | 22600 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 11792246 | 148648 | SH |  | SOLE |  | 148648 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 358382 | 4664 | SH |  | SOLE |  | 4664 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 479703 | 7479 | SH |  | SOLE |  | 7479 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 557150 | 28068 | SH |  | SOLE |  | 28068 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 4683178 | 52502 | SH |  | SOLE |  | 52502 | 0 | 0 |
| POTASH CORP SASK INC | COM | 73755L107 |  | 1125187 | 54900 | SH |  | DFND | 1 | 54900 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 728139 | 22100 | SH |  | DFND | 1 | 22100 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 12356806 | 375701 | SH |  | SOLE |  | 375701 | 0 | 0 |
| PRAXAIR INC | COM | 74005P104 |  | 13810484 | 135583 | SH |  | SOLE |  | 135583 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 384822 | 5537 | SH |  | SOLE |  | 5537 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 20101547 | 279421 | SH |  | SOLE |  | 279421 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 2157718 | 29941 | SH |  | DFND | 1 | 29941 | 0 | 0 |
| PROGRESSIVE CORP OHIO | COM | 743315103 |  | 1058183 | 34536 | SH |  | SOLE |  | 34536 | 0 | 0 |
| PROLOGIS INC | COM | 74340W103 |  | 17354613 | 446134 | SH |  | SOLE |  | 446134 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 469682 | 6163 | SH |  | SOLE |  | 6163 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 5563 | 73 | SH |  | DFND | 1 | 73 | 0 | 0 |
| PUBLIC STORAGE | COM | 74460D109 |  | 2578764 | 12164 | SH |  | DFND | 1 | 12164 | 0 | 0 |
| PUBLIC STORAGE | COM | 74460D109 |  | 409927 | 1937 | SH |  | SOLE |  | 1937 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 400604 | 9502 | SH |  | SOLE |  | 9502 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 12367571 | 230180 | SH |  | SOLE |  | 230180 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 228712 | 9447 | SH |  | SOLE |  | 9447 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 860457 | 13998 | SH |  | SOLE |  | 13998 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 697026 | 5899 | SH |  | SOLE |  | 5899 | 0 | 0 |
| RAYTHEON CO | COM NEW | 755111507 |  | 325923 | 2983 | SH |  | SOLE |  | 2983 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 423743 | 911 | SH |  | SOLE |  | 911 | 0 | 0 |
| REYNOLDS AMERICAN INC | COM | 761713106 |  | 1568743 | 35374 | SH |  | DFND | 1 | 35374 | 0 | 0 |
| REYNOLDS AMERICAN INC | COM | 761713106 |  | 776230 | 17534 | SH |  | SOLE |  | 17534 | 0 | 0 |
| ROYAL CARIBBEAN CRUISES LTD | COM | V7780T103 |  | 265488 | 2980 | SH |  | SOLE |  | 2980 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPON ADR B | 780259107 |  | 1028369 | 21659 | SH |  | DFND | 1 | 21659 | 0 | 0 |
| SANDISK CORP | COM | 80004C101 |  | 125177 | 2300 | SH |  | DFND | 1 | 2300 | 0 | 0 |
| SANDISK CORP | COM | 80004C101 |  | 267847 | 4930 | SH |  | SOLE |  | 4930 | 0 | 0 |
| SCHEIN HENRY INC | COM | 806407102 |  | 368298 | 2775 | SH |  | SOLE |  | 2775 | 0 | 0 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 9329158 | 135264 | SH |  | SOLE |  | 135264 | 0 | 0 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 1137642 | 16432 | SH |  | DFND | 1 | 16432 | 0 | 0 |
| SCHWAB CHARLES CORP NEW | COM | 808513105 |  | 3475266 | 121683 | SH |  | SOLE |  | 121683 | 0 | 0 |
| SCRIPPS NETWORKS INTERACT IN | CL A COM | 811065101 |  | 536565 | 10908 | SH |  | SOLE |  | 10908 | 0 | 0 |
| SEADRILL LIMITED | SHS | G7945E105 |  | 96371 | 16528 | SH |  | DFND | 1 | 16528 | 0 | 0 |
| SEAGATE TECHNOLOGY PLC | SHS | G7945M107 |  | 1344358 | 30008 | SH |  | SOLE |  | 30008 | 0 | 0 |
| SEAGATE TECHNOLOGY PLC | SHS | G7945M107 |  | 192977 | 4300 | SH |  | DFND | 1 | 4300 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 309971 | 6612 | SH |  | SOLE |  | 6612 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 276024 | 1239 | SH |  | SOLE |  | 1239 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 14223419 | 77419 | SH |  | SOLE |  | 77419 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 327156 | 3885 | SH |  | SOLE |  | 3885 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 323464 | 2143 | SH |  | SOLE |  | 2143 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1549322 | 34600 | SH |  | DFND | 1 | 34600 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 35106616 | 183200 | SH |  | SOLE |  | 183200 | 0 | 0 |
| SPECTRA ENERGY CORP | COM | 847560109 |  | 290317 | 11032 | SH |  | DFND | 1 | 11032 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 5355692 | 94224 | SH |  | SOLE |  | 94224 | 0 | 0 |
| STARWOOD HOTELS WRLD | COM | 85590A401 |  | 8744979 | 131543 | SH |  | SOLE |  | 131543 | 0 | 0 |
| STERICYCLE INC | COM | 858912108 |  | 377251 | 2708 | SH |  | SOLE |  | 2708 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 330816 | 8489 | SH |  | SOLE |  | 8489 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 1495158 | 38300 | SH |  | DFND | 1 | 38300 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 369230 | 4694 | SH |  | SOLE |  | 4694 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 90431 | 19000 | SH |  | DFND | 1 | 19000 | 0 | 0 |
| TECO ENERGY INC | COM | 872375100 |  | 560231 | 21334 | SH |  | SOLE |  | 21334 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 562616 | 25128 | SH |  | SOLE |  | 25128 | 0 | 0 |
| TESORO CORP | COM | 881609101 |  | 858046 | 8824 | SH |  | SOLE |  | 8824 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 9962285 | 201177 | SH |  | SOLE |  | 201177 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 13665157 | 111753 | SH |  | SOLE |  | 111753 | 0 | 0 |
| TIME WARNER CABLE INC | COM | 88732J207 |  | 425466 | 2372 | SH |  | SOLE |  | 2372 | 0 | 0 |
| TIME WARNER INC | COM NEW | 887317303 |  | 7081181 | 102999 | SH |  | SOLE |  | 102999 | 0 | 0 |
| TOTAL SYS SVCS INC | COM | 891906109 |  | 535801 | 11794 | SH |  | SOLE |  | 11794 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 324969 | 3854 | SH |  | SOLE |  | 3854 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 1029348 | 222200 | SH |  | DFND | 1 | 222200 | 0 | 0 |
| TRANSOCEAN LTD | REG SHS | H8817H100 |  | 285144 | 22070 | SH |  | SOLE |  | 22070 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 4805906 | 48286 | SH |  | SOLE |  | 48286 | 0 | 0 |
| TWENTY FIRST CENTY FOX INC | CL A | 90130A101 |  | 5820584 | 215737 | SH |  | SOLE |  | 215737 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 753776 | 17489 | SH |  | SOLE |  | 17489 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 3486306 | 36023 | SH |  | SOLE |  | 36023 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 10286061 | 116345 | SH |  | SOLE |  | 116345 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 4889300 | 49542 | SH |  | SOLE |  | 49542 | 0 | 0 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 11632506 | 130717 | SH |  | SOLE |  | 130717 | 0 | 0 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 26786 | 301 | SH |  | DFND | 1 | 301 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 223498 | 1700 | SH |  | DFND | 1 | 1700 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9867579 | 85058 | SH |  | SOLE |  | 85058 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 288436 | 2311 | SH |  | SOLE |  | 2311 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 15662047 | 381908 | SH |  | SOLE |  | 381908 | 0 | 0 |
| VALERO ENERGY CORP NEW | COM | 91913Y100 |  | 650222 | 10819 | SH |  | SOLE |  | 10819 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 763242 | 13591 | SH |  | DFND | 1 | 13591 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 842134 | 11935 | SH |  | SOLE |  | 11935 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 627639 | 14400 | SH |  | DFND | 1 | 14400 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 7166010 | 164698 | SH |  | SOLE |  | 164698 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 5630017 | 54062 | SH |  | SOLE |  | 54062 | 0 | 0 |
| VIACOM INC NEW | CL B | 92553P201 |  | 236764 | 5487 | SH |  | SOLE |  | 5487 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 10871976 | 156072 | SH |  | SOLE |  | 156072 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 232098 | 2602 | SH |  | SOLE |  | 2602 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 573639 | 6903 | SH |  | SOLE |  | 6903 | 0 | 0 |
| WAL-MART STORES INC | COM | 931142103 |  | 3304117 | 50958 | SH |  | SOLE |  | 50958 | 0 | 0 |
| WAL-MART STORES INC | COM | 931142103 |  | 1089527 | 16800 | SH |  | DFND | 1 | 16800 | 0 | 0 |
| WEATHERFORD INTL PLC | ORD SHS | G48833100 |  | 112981 | 13300 | SH |  | DFND | 1 | 13300 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 421885 | 8079 | SH |  | SOLE |  | 8079 | 0 | 0 |
| WELLS FARGO  CO NEW | COM | 949746101 |  | 22670101 | 441482 | SH |  | SOLE |  | 441482 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 1349606 | 16989 | SH |  | SOLE |  | 16989 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 827375 | 45064 | SH |  | SOLE |  | 45064 | 0 | 0 |
| WEYERHAEUSER CO | COM | 962166104 |  | 6438324 | 235491 | SH |  | SOLE |  | 235491 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 |  | 214116 | 1454 | SH |  | SOLE |  | 1454 | 0 | 0 |
| XEROX CORP | COM | 984121103 |  | 1179908 | 121265 | SH |  | SOLE |  | 121265 | 0 | 0 |
| XL GROUP PLC | SHS | G98290102 |  | 649547 | 17884 | SH |  | SOLE |  | 17884 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 596657 | 14489 | SH |  | SOLE |  | 14489 | 0 | 0 |

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