# EDGAR Filing Document

**Accession Number:** 0001911284
**File Stem:** 0001911284-26-000002
**Filing Date:** 2026-4
**Character Count:** 26971
**Document Hash:** 6ab4fee93e51b443899493f1bcb83959
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001911284-26-000002.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0001911284-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**EFFECTIVENESS DATE**: 20260428

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LGT Fund Management Co Ltd.
- **CENTRAL INDEX KEY:** 0001911284

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** N2

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22443
- **FILM NUMBER:** 26903262

**BUSINESS ADDRESS:**
- **STREET 1:** HERRENGASSE 12
- **CITY:** VADUZ
- **STATE:** N2
- **ZIP:** 9490
- **BUSINESS PHONE:** 004232352144

**MAIL ADDRESS:**
- **STREET 1:** HERRENGASSE 12
- **CITY:** VADUZ
- **STATE:** N2
- **ZIP:** 9490

### 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:** LGT Fund Management Co Ltd.<br>**Address:** HERRENGASSE 12<br>VADUZ, N2 9490

**Form 13F File Number:** 028-22443

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:** Martin Schoeffel<br>**Title:** Risk Manager<br>**Phone:** 004232351720

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

Martin Schoeffel  Vaduz, N2  04-28-2026<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:** 242

**Form 13F Information Table Value Total:** $2302554476

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 10511509 | 48331 | SH |  | DFND | 1 | 0 | 0 | 48331 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 8518935 | 42962 | SH |  | DFND | 1 | 0 | 0 | 42962 |
| ADOBE INC | COM | 00724F101 |  | 3281580 | 13500 | SH |  | DFND | 1 | 0 | 0 | 13500 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 9173269 | 45093 | SH |  | DFND | 1 | 0 | 0 | 45093 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 10412511 | 75904 | SH |  | DFND | 1 | 0 | 0 | 75904 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 321424 | 2820 | SH |  | DFND | 1 | 0 | 0 | 2820 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 2852458 | 14050 | SH |  | DFND | 1 | 0 | 0 | 14050 |
| AIRBNB INC | COM CL A | 009066101 |  | 4684735 | 37098 | SH |  | DFND | 1 | 0 | 0 | 37098 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 2929176 | 171900 | SH |  | DFND | 1 | 0 | 0 | 171900 |
| ALCON AG | ORD SHS | H01301128 |  | 3992137 | 53851 | SH |  | DFND | 1 | 0 | 0 | 53851 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 423929 | 3379 | SH |  | DFND | 1 | 0 | 0 | 3379 |
| ALIGNMENT HEALTHCARE INC | COM | 01625V104 |  | 4804974 | 272700 | SH |  | DFND | 1 | 0 | 0 | 272700 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 30694020 | 107000 | SH |  | DFND | 1 | 0 | 0 | 107000 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 118708506 | 412813 | SH |  | DFND | 1 | 0 | 0 | 412813 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 7819485 | 118495 | SH |  | DFND | 1 | 0 | 0 | 118495 |
| AMAZON COM INC | COM | 023135106 |  | 85558566 | 410806 | SH |  | DFND | 1 | 0 | 0 | 410806 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3413789 | 11286 | SH |  | DFND | 1 | 0 | 0 | 11286 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 11215284 | 64986 | SH |  | DFND | 1 | 0 | 0 | 64986 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 2093609 | 15384 | SH |  | DFND | 1 | 0 | 0 | 15384 |
| AMERICAS GOLD AND SILVER COR | COM NEW | 03062D803 |  | 913480 | 175000 | SH |  | DFND | 1 | 0 | 0 | 175000 |
| AMETEK INC | COM | 031100100 |  | 8650498 | 40355 | SH |  | DFND | 1 | 0 | 0 | 40355 |
| AMPHENOL CORP | CL A | 032095101 |  | 479751 | 3797 | SH |  | DFND | 1 | 0 | 0 | 3797 |
| ANALOG DEVICES INC | COM | 032654105 |  | 212199 | 667 | SH |  | DFND | 1 | 0 | 0 | 667 |
| AON PLC | SHS CL A | G0403H108 |  | 1232374 | 3818 | SH |  | DFND | 1 | 0 | 0 | 3818 |
| APPLE INC | COM | 037833100 |  | 139587545 | 550012 | SH |  | DFND | 1 | 0 | 0 | 550012 |
| APPLIED MATLS INC | COM | 038222105 |  | 11443813 | 33482 | SH |  | DFND | 1 | 0 | 0 | 33482 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 4732220 | 11890 | SH |  | DFND | 1 | 0 | 0 | 11890 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 7432908 | 412481 | SH |  | DFND | 1 | 0 | 0 | 412481 |
| ARIS MINING CORPORATION | COM | 04040Y109 |  | 742863 | 40000 | SH |  | DFND | 1 | 0 | 0 | 40000 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 11276729 | 91845 | SH |  | DFND | 1 | 0 | 0 | 91845 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 20202869 | 103991 | SH |  | DFND | 1 | 0 | 0 | 103991 |
| AT INC | COM | 00206R102 |  | 4076168 | 140606 | SH |  | DFND | 1 | 0 | 0 | 140606 |
| AUTOZONE INC | COM | 053332102 |  | 776889 | 230 | SH |  | DFND | 1 | 0 | 0 | 230 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 5313871 | 62450 | SH |  | DFND | 1 | 0 | 0 | 62450 |
| BANCO BRADESCO S A | SP ADR PFD NEW | 059460303 |  | 3777750 | 1035000 | SH |  | DFND | 1 | 0 | 0 | 1035000 |
| BANK AMERICA CORP | COM | 060505104 |  | 8954888 | 183690 | SH |  | DFND | 1 | 0 | 0 | 183690 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 924484 | 7793 | SH |  | DFND | 1 | 0 | 0 | 7793 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 1067321 | 26112 | SH |  | DFND | 1 | 0 | 0 | 26112 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1070422 | 6808 | SH |  | DFND | 1 | 0 | 0 | 6808 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 9335820 | 13 | SH |  | DFND | 1 | 0 | 0 | 13 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 43248758 | 90252 | SH |  | DFND | 1 | 0 | 0 | 90252 |
| BLACKROCK INC | COM | 09290D101 |  | 18148429 | 18871 | SH |  | DFND | 1 | 0 | 0 | 18871 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 10715264 | 2545 | SH |  | DFND | 1 | 0 | 0 | 2545 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 6021176 | 95955 | SH |  | DFND | 1 | 0 | 0 | 95955 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 283357 | 4672 | SH |  | DFND | 1 | 0 | 0 | 4672 |
| BROADCOM INC | COM | 11135F101 |  | 79161825 | 255765 | SH |  | DFND | 1 | 0 | 0 | 255765 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 10860031 | 267953 | SH |  | DFND | 1 | 0 | 0 | 267953 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 3613421 | 13004 | SH |  | DFND | 1 | 0 | 0 | 13004 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 4209333 | 40889 | SH |  | DFND | 1 | 0 | 0 | 40889 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 6161665 | 78285 | SH |  | DFND | 1 | 0 | 0 | 78285 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1010297 | 5538 | SH |  | DFND | 1 | 0 | 0 | 5538 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 5388405 | 25500 | SH |  | DFND | 1 | 0 | 0 | 25500 |
| CARLISLE COS INC | COM | 142339100 |  | 300258 | 900 | SH |  | DFND | 1 | 0 | 0 | 900 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 1892436 | 2600 | SH |  | DFND | 1 | 0 | 0 | 2600 |
| CATERPILLAR INC | COM | 149123101 |  | 4760851 | 6720 | SH |  | DFND | 1 | 0 | 0 | 6720 |
| CENCORA INC | COM | 03073E105 |  | 3694286 | 11760 | SH |  | DFND | 1 | 0 | 0 | 11760 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 468204 | 1650 | SH |  | DFND | 1 | 0 | 0 | 1650 |
| CHEVRON CORPORATION | COM | 166764100 |  | 8028341 | 38803 | SH |  | DFND | 1 | 0 | 0 | 38803 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1894480 | 59184 | SH |  | DFND | 1 | 0 | 0 | 59184 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 14924661 | 45791 | SH |  | DFND | 1 | 0 | 0 | 45791 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 221168 | 2370 | SH |  | DFND | 1 | 0 | 0 | 2370 |
| CISCO SYS INC | COM | 17275R102 |  | 12689146 | 163541 | SH |  | DFND | 1 | 0 | 0 | 163541 |
| CITIGROUP INC | COM NEW | 172967424 |  | 3309304 | 29180 | SH |  | DFND | 1 | 0 | 0 | 29180 |
| CLEAR SECURE INC | COM CL A | 18467V109 |  | 3746934 | 77400 | SH |  | DFND | 1 | 0 | 0 | 77400 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 8107511 | 39292 | SH |  | DFND | 1 | 0 | 0 | 39292 |
| CME GROUP INC | COM | 12572Q105 |  | 2887932 | 9778 | SH |  | DFND | 1 | 0 | 0 | 9778 |
| COCA COLA CO | COM | 191216100 |  | 51111304 | 672075 | SH |  | DFND | 1 | 0 | 0 | 672075 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 826731 | 9700 | SH |  | DFND | 1 | 0 | 0 | 9700 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 10558812 | 79991 | SH |  | DFND | 1 | 0 | 0 | 79991 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 11848578 | 42430 | SH |  | DFND | 1 | 0 | 0 | 42430 |
| CONSTELLIUM SE | CL A SHS | F21107101 |  | 4048326 | 164700 | SH |  | DFND | 1 | 0 | 0 | 164700 |
| CORNING INC | COM | 219350105 |  | 1126240 | 8283 | SH |  | DFND | 1 | 0 | 0 | 8283 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 5976587 | 5998 | SH |  | DFND | 1 | 0 | 0 | 5998 |
| COUPANG INC | CL A | 22266T109 |  | 1426365 | 75549 | SH |  | DFND | 1 | 0 | 0 | 75549 |
| COVISTA INC | COM | 00737L103 |  | 4615763 | 40050 | SH |  | DFND | 1 | 0 | 0 | 40050 |
| CREDICORP LTD | COM | G2519Y108 |  | 1825128 | 5381 | SH |  | DFND | 1 | 0 | 0 | 5381 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 11738067 | 30066 | SH |  | DFND | 1 | 0 | 0 | 30066 |
| CVS HEALTH CORP | COM | 126650100 |  | 3652047 | 50850 | SH |  | DFND | 1 | 0 | 0 | 50850 |
| D R HORTON INC | COM | 23331A109 |  | 247957 | 1807 | SH |  | DFND | 1 | 0 | 0 | 1807 |
| DANAHER CORP DEL | COM | 235851102 |  | 2929699 | 15452 | SH |  | DFND | 1 | 0 | 0 | 15452 |
| DATADOG INC | CL A COM | 23804L103 |  | 4763790 | 40354 | SH |  | DFND | 1 | 0 | 0 | 40354 |
| DEERE  CO | COM | 244199105 |  | 918179 | 1630 | SH |  | DFND | 1 | 0 | 0 | 1630 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 4552310 | 27736 | SH |  | DFND | 1 | 0 | 0 | 27736 |
| DEUTSCHE BK AG | NAMEN AKT | D18190898 |  | 6134603 | 206146 | SH |  | DFND | 1 | 0 | 0 | 206146 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 2566320 | 51000 | SH |  | DFND | 1 | 0 | 0 | 51000 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 2257135 | 11383 | SH |  | DFND | 1 | 0 | 0 | 11383 |
| DISNEY WALT CO | COM | 254687106 |  | 2191488 | 22738 | SH |  | DFND | 1 | 0 | 0 | 22738 |
| DOLLAR GEN CORP | COM | 256677105 |  | 4940355 | 41610 | SH |  | DFND | 1 | 0 | 0 | 41610 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 8372592 | 135435 | SH |  | DFND | 1 | 0 | 0 | 135435 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 4684379 | 35775 | SH |  | DFND | 1 | 0 | 0 | 35775 |
| EATON CORP PLC | SHS | G29183103 |  | 3756608 | 10503 | SH |  | DFND | 1 | 0 | 0 | 10503 |
| ECOLAB INC | COM | 278865100 |  | 1271576 | 4780 | SH |  | DFND | 1 | 0 | 0 | 4780 |
| ECOPETROL S A | SPONSORED ADS | 279158109 |  | 149900 | 10000 | SH |  | DFND | 1 | 0 | 0 | 10000 |
| EDISON INTL | COM | 281020107 |  | 2594377 | 35452 | SH |  | DFND | 1 | 0 | 0 | 35452 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 4179592 | 14277 | SH |  | DFND | 1 | 0 | 0 | 14277 |
| ELI LILLY  CO | COM | 532457108 |  | 62826729 | 68307 | SH |  | DFND | 1 | 0 | 0 | 68307 |
| EMERSON ELEC CO | COM | 291011104 |  | 3050670 | 23284 | SH |  | DFND | 1 | 0 | 0 | 23284 |
| ENBRIDGE INC | COM | 29250N105 |  | 10183263 | 187966 | SH |  | DFND | 1 | 0 | 0 | 187966 |
| EQUIFAX INC | COM | 294429105 |  | 1062413 | 5900 | SH |  | DFND | 1 | 0 | 0 | 5900 |
| EQUINIX INC | COM | 29444U700 |  | 13288133 | 13556 | SH |  | DFND | 1 | 0 | 0 | 13556 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 1805570 | 125000 | SH |  | DFND | 1 | 0 | 0 | 125000 |
| EVERPURE INC | CL A | 74624M102 |  | 4968924 | 84162 | SH |  | DFND | 1 | 0 | 0 | 84162 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 24074924 | 141901 | SH |  | DFND | 1 | 0 | 0 | 141901 |
| FASTENAL CO | COM | 311900104 |  | 9518960 | 205150 | SH |  | DFND | 1 | 0 | 0 | 205150 |
| FERRARI N V | COM | N3167Y103 |  | 716499 | 2117 | SH |  | DFND | 1 | 0 | 0 | 2117 |
| FIGS INC | CL A | 30260D103 |  | 3961314 | 268200 | SH |  | DFND | 1 | 0 | 0 | 268200 |
| FORTINET INC | COM | 34959E109 |  | 7340009 | 89819 | SH |  | DFND | 1 | 0 | 0 | 89819 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 2872990 | 48877 | SH |  | DFND | 1 | 0 | 0 | 48877 |
| GE AEROSPACE | COM NEW | 369604301 |  | 7504581 | 26446 | SH |  | DFND | 1 | 0 | 0 | 26446 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 462151 | 3316 | SH |  | DFND | 1 | 0 | 0 | 3316 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1072715 | 1268 | SH |  | DFND | 1 | 0 | 0 | 1268 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 633654 | 12600 | SH |  | DFND | 1 | 0 | 0 | 12600 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 17241553 | 36433 | SH |  | DFND | 1 | 0 | 0 | 36433 |
| HEICO CORP NEW | COM | 422806109 |  | 1645200 | 6000 | SH |  | DFND | 1 | 0 | 0 | 6000 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 4173994 | 26411 | SH |  | DFND | 1 | 0 | 0 | 26411 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 |  | 2190635 | 56358 | SH |  | DFND | 1 | 0 | 0 | 56358 |
| HIGHLANDER SILVER CORP | COM | 43087N204 |  | 1461352 | 250000 | SH |  | DFND | 1 | 0 | 0 | 250000 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 2019091 | 6640 | SH |  | DFND | 1 | 0 | 0 | 6640 |
| HOME DEPOT INC | COM | 437076102 |  | 16059699 | 48830 | SH |  | DFND | 1 | 0 | 0 | 48830 |
| HUBSPOT INC | COM | 443573100 |  | 1342794 | 5501 | SH |  | DFND | 1 | 0 | 0 | 5501 |
| IDEXX LABS INC | COM | 45168D104 |  | 1050734 | 1870 | SH |  | DFND | 1 | 0 | 0 | 1870 |
| IMMIX BIOPHARMA INC | COM | 45258H106 |  | 3795171 | 416594 | SH |  | DFND | 1 | 0 | 0 | 416594 |
| INTEL CORP | COM | 458140100 |  | 2961653 | 67112 | SH |  | DFND | 1 | 0 | 0 | 67112 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 244806 | 3650 | SH |  | DFND | 1 | 0 | 0 | 3650 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 11504560 | 73147 | SH |  | DFND | 1 | 0 | 0 | 73147 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 5996729 | 24740 | SH |  | DFND | 1 | 0 | 0 | 24740 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 16621916 | 36057 | SH |  | DFND | 1 | 0 | 0 | 36057 |
| ITAU UNIBANCO HLDG S A | SPON ADR REP PFD | 465562106 |  | 1402954 | 167417 | SH |  | DFND | 1 | 0 | 0 | 167417 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 27453056 | 112310 | SH |  | DFND | 1 | 0 | 0 | 112310 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 58971432 | 200474 | SH |  | DFND | 1 | 0 | 0 | 200474 |
| KINROSS GOLD CORP | COM | 496902404 |  | 3363663 | 110000 | SH |  | DFND | 1 | 0 | 0 | 110000 |
| KLA CORP | COM NEW | 482480100 |  | 10526259 | 7149 | SH |  | DFND | 1 | 0 | 0 | 7149 |
| KOHLS CORP | COM | 500255104 |  | 3051056 | 236516 | SH |  | DFND | 1 | 0 | 0 | 236516 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 5011395 | 23455 | SH |  | DFND | 1 | 0 | 0 | 23455 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 1313176 | 18297 | SH |  | DFND | 1 | 0 | 0 | 18297 |
| LIQUIDIA CORPORATION | COM NEW | 53635D202 |  | 4160835 | 110250 | SH |  | DFND | 1 | 0 | 0 | 110250 |
| LOGITECH INTL S A | SHS | H50430232 |  | 737926 | 8152 | SH |  | DFND | 1 | 0 | 0 | 8152 |
| LOWES COS INC | COM | 548661107 |  | 241242 | 1021 | SH |  | DFND | 1 | 0 | 0 | 1021 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 14327168 | 20387 | SH |  | DFND | 1 | 0 | 0 | 20387 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 1469746 | 27752 | SH |  | DFND | 1 | 0 | 0 | 27752 |
| MARATHON PETE CORP | COM | 56585A102 |  | 8718691 | 35706 | SH |  | DFND | 1 | 0 | 0 | 35706 |
| MARKEL GROUP INC | COM | 570535104 |  | 1468092 | 767 | SH |  | DFND | 1 | 0 | 0 | 767 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1962420 | 6000 | SH |  | DFND | 1 | 0 | 0 | 6000 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 543939 | 3136 | SH |  | DFND | 1 | 0 | 0 | 3136 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 4437737 | 44803 | SH |  | DFND | 1 | 0 | 0 | 44803 |
| MASTEC INC | COM | 576323109 |  | 7099193 | 22065 | SH |  | DFND | 1 | 0 | 0 | 22065 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 8255383 | 16522 | SH |  | DFND | 1 | 0 | 0 | 16522 |
| MCDONALDS CORP | COM | 580135101 |  | 28354304 | 91233 | SH |  | DFND | 1 | 0 | 0 | 91233 |
| MCKESSON CORP | COM | 58155Q103 |  | 4013540 | 4638 | SH |  | DFND | 1 | 0 | 0 | 4638 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 1680665 | 3500 | SH |  | DFND | 1 | 0 | 0 | 3500 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 9142961 | 105516 | SH |  | DFND | 1 | 0 | 0 | 105516 |
| MERCK  CO INC | COM | 58933Y105 |  | 4709354 | 39150 | SH |  | DFND | 1 | 0 | 0 | 39150 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 921230 | 14897 | SH |  | DFND | 1 | 0 | 0 | 14897 |
| META PLATFORMS INC | CL A | 30303M102 |  | 75375839 | 131746 | SH |  | DFND | 1 | 0 | 0 | 131746 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 3427819 | 53054 | SH |  | DFND | 1 | 0 | 0 | 53054 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 27142741 | 80342 | SH |  | DFND | 1 | 0 | 0 | 80342 |
| MICROSOFT CORP | COM | 594918104 |  | 125785987 | 339806 | SH |  | DFND | 1 | 0 | 0 | 339806 |
| MILLICOM INTL CELLULAR S A | COM STK | L6388F110 |  | 2372525 | 31659 | SH |  | DFND | 1 | 0 | 0 | 31659 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1912149 | 33174 | SH |  | DFND | 1 | 0 | 0 | 33174 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 2173800 | 30000 | SH |  | DFND | 1 | 0 | 0 | 30000 |
| MOODYS CORP | COM | 615369105 |  | 966294 | 2215 | SH |  | DFND | 1 | 0 | 0 | 2215 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 267920 | 1628 | SH |  | DFND | 1 | 0 | 0 | 1628 |
| MSCI INC | COM | 55354G100 |  | 528230 | 980 | SH |  | DFND | 1 | 0 | 0 | 980 |
| NASDAQ INC | COM | 631103108 |  | 4275570 | 50366 | SH |  | DFND | 1 | 0 | 0 | 50366 |
| NETFLIX INC. | COM | 64110L106 |  | 16405401 | 170623 | SH |  | DFND | 1 | 0 | 0 | 170623 |
| NEW YORK TIMES CO MTN BE | CL A | 650111107 |  | 5899867 | 70463 | SH |  | DFND | 1 | 0 | 0 | 70463 |
| NEWMONT CORP | COM | 651639106 |  | 5357509 | 49492 | SH |  | DFND | 1 | 0 | 0 | 49492 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 16266817 | 175138 | SH |  | DFND | 1 | 0 | 0 | 175138 |
| NIKE INC | CL B | 654106103 |  | 936340 | 17727 | SH |  | DFND | 1 | 0 | 0 | 17727 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 135991016 | 779765 | SH |  | DFND | 1 | 0 | 0 | 779765 |
| OMNICOM GROUP INC | COM | 681919106 |  | 277969 | 3691 | SH |  | DFND | 1 | 0 | 0 | 3691 |
| ORACLE CORP | COM | 68389X105 |  | 7510701 | 51055 | SH |  | DFND | 1 | 0 | 0 | 51055 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 5108435 | 55340 | SH |  | DFND | 1 | 0 | 0 | 55340 |
| OWENS CORNING NEW | COM | 690742101 |  | 604517 | 5586 | SH |  | DFND | 1 | 0 | 0 | 5586 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 12125322 | 75632 | SH |  | DFND | 1 | 0 | 0 | 75632 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 655689 | 6417 | SH |  | DFND | 1 | 0 | 0 | 6417 |
| PEPSICO INC | COM | 713448108 |  | 9113660 | 58688 | SH |  | DFND | 1 | 0 | 0 | 58688 |
| PFIZER INC | COM | 717081103 |  | 22711216 | 808804 | SH |  | DFND | 1 | 0 | 0 | 808804 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 7285707 | 44065 | SH |  | DFND | 1 | 0 | 0 | 44065 |
| POST HLDGS INC | COM | 737446104 |  | 6110734 | 61812 | SH |  | DFND | 1 | 0 | 0 | 61812 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 253137 | 4441 | SH |  | DFND | 1 | 0 | 0 | 4441 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 29040673 | 201057 | SH |  | DFND | 1 | 0 | 0 | 201057 |
| PROGRESSIVE CORP | COM | 743315103 |  | 6528043 | 32930 | SH |  | DFND | 1 | 0 | 0 | 32930 |
| PROLOGIS INC. | COM | 74340W103 |  | 2763223 | 20905 | SH |  | DFND | 1 | 0 | 0 | 20905 |
| QUALCOMM INC | COM | 747525103 |  | 4439047 | 34470 | SH |  | DFND | 1 | 0 | 0 | 34470 |
| QUALYS INC | COM | 74758T303 |  | 2063597 | 23490 | SH |  | DFND | 1 | 0 | 0 | 23490 |
| REALTY INCOME CORP | COM | 756109104 |  | 8508364 | 139071 | SH |  | DFND | 1 | 0 | 0 | 139071 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 242609 | 314 | SH |  | DFND | 1 | 0 | 0 | 314 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 741821 | 3387 | SH |  | DFND | 1 | 0 | 0 | 3387 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 1508872 | 16174 | SH |  | DFND | 1 | 0 | 0 | 16174 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 3488314 | 9720 | SH |  | DFND | 1 | 0 | 0 | 9720 |
| ROLLINS INC | COM | 775711104 |  | 1548890 | 29000 | SH |  | DFND | 1 | 0 | 0 | 29000 |
| ROSS STORES INC | COM | 778296103 |  | 340109 | 1570 | SH |  | DFND | 1 | 0 | 0 | 1570 |
| S GLOBAL INC | COM | 78409V104 |  | 7277142 | 17109 | SH |  | DFND | 1 | 0 | 0 | 17109 |
| SALESFORCE INC | COM | 79466L302 |  | 8520552 | 45645 | SH |  | DFND | 1 | 0 | 0 | 45645 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2720063 | 28943 | SH |  | DFND | 1 | 0 | 0 | 28943 |
| SERVICE CORP INTL | COM | 817565104 |  | 1402670 | 17000 | SH |  | DFND | 1 | 0 | 0 | 17000 |
| SERVICENOW INC | COM | 81762P102 |  | 12652118 | 121015 | SH |  | DFND | 1 | 0 | 0 | 121015 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 7166536 | 22357 | SH |  | DFND | 1 | 0 | 0 | 22357 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 9199846 | 49321 | SH |  | DFND | 1 | 0 | 0 | 49321 |
| SLB LIMITED | COM STK | 806857108 |  | 267228 | 5200 | SH |  | DFND | 1 | 0 | 0 | 5200 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 2750416 | 173200 | SH |  | DFND | 1 | 0 | 0 | 173200 |
| SOUTHERN CO | COM | 842587107 |  | 490129 | 5078 | SH |  | DFND | 1 | 0 | 0 | 5078 |
| SSR MINING IN | COM | 784730103 |  | 4498200 | 153000 | SH |  | DFND | 1 | 0 | 0 | 153000 |
| STRYKER CORPORATION | COM | 863667101 |  | 8588357 | 26137 | SH |  | DFND | 1 | 0 | 0 | 26137 |
| SYNOPSYS INC | COM | 871607107 |  | 482120 | 1216 | SH |  | DFND | 1 | 0 | 0 | 1216 |
| T-MOBILE US INC | COM | 872590104 |  | 4873746 | 23205 | SH |  | DFND | 1 | 0 | 0 | 23205 |
| TAPESTRY INC | COM | 876030107 |  | 3739415 | 26500 | SH |  | DFND | 1 | 0 | 0 | 26500 |
| TARGA RES CORP | COM | 87612G101 |  | 557122 | 2222 | SH |  | DFND | 1 | 0 | 0 | 2222 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 7114332 | 42169 | SH |  | DFND | 1 | 0 | 0 | 42169 |
| TERADYNE INC | COM | 880770102 |  | 201593 | 680 | SH |  | DFND | 1 | 0 | 0 | 680 |
| TESLA INC | COM | 88160R101 |  | 11917933 | 32059 | SH |  | DFND | 1 | 0 | 0 | 32059 |
| TEXAS INSTRS INC | COM | 882508104 |  | 4501718 | 23188 | SH |  | DFND | 1 | 0 | 0 | 23188 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3305048 | 6724 | SH |  | DFND | 1 | 0 | 0 | 6724 |
| TJX COS INC NEW | COM | 872540109 |  | 638800 | 4000 | SH |  | DFND | 1 | 0 | 0 | 4000 |
| TOTALENERGIES SE | ACT | F92124100 |  | 10870185 | 116252 | SH |  | DFND | 1 | 0 | 0 | 116252 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 442578 | 1062 | SH |  | DFND | 1 | 0 | 0 | 1062 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1395388 | 1204 | SH |  | DFND | 1 | 0 | 0 | 1204 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 9411321 | 130840 | SH |  | DFND | 1 | 0 | 0 | 130840 |
| UBS GROUP AG | SHS | H42097107 |  | 15973354 | 415512 | SH |  | DFND | 1 | 0 | 0 | 415512 |
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 |  | 5168313 | 60300 | SH |  | DFND | 1 | 0 | 0 | 60300 |
| UNITED RENTALS INC | COM | 911363109 |  | 866986 | 1190 | SH |  | DFND | 1 | 0 | 0 | 1190 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 4733701 | 17494 | SH |  | DFND | 1 | 0 | 0 | 17494 |
| VERISIGN INC | COM | 92343E102 |  | 5208109 | 20970 | SH |  | DFND | 1 | 0 | 0 | 20970 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 5095802 | 101510 | SH |  | DFND | 1 | 0 | 0 | 101510 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 2260832 | 5063 | SH |  | DFND | 1 | 0 | 0 | 5063 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 9219841 | 36794 | SH |  | DFND | 1 | 0 | 0 | 36794 |
| VISA INC | COM CL A | 92826C839 |  | 57706381 | 190929 | SH |  | DFND | 1 | 0 | 0 | 190929 |
| VISTRA CORP | COM | 92840M102 |  | 1551706 | 10322 | SH |  | DFND | 1 | 0 | 0 | 10322 |
| VIZSLA SILVER CORP | COM NEW | 92859G608 |  | 662911 | 200000 | SH |  | DFND | 1 | 0 | 0 | 200000 |
| WALMART INC | COM | 931142103 |  | 14248081 | 114645 | SH |  | DFND | 1 | 0 | 0 | 114645 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 633776 | 3900 | SH |  | DFND | 1 | 0 | 0 | 3900 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 6598420 | 28715 | SH |  | DFND | 1 | 0 | 0 | 28715 |
| WELLS FARGO  CO | COM | 949746101 |  | 10109833 | 126992 | SH |  | DFND | 1 | 0 | 0 | 126992 |
| WELLTOWER INC | COM | 95040Q104 |  | 564857 | 2857 | SH |  | DFND | 1 | 0 | 0 | 2857 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 18628646 | 68870 | SH |  | DFND | 1 | 0 | 0 | 68870 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 2744839 | 20907 | SH |  | DFND | 1 | 0 | 0 | 20907 |
| WINMARK CORP | COM | 974250102 |  | 3959113 | 9260 | SH |  | DFND | 1 | 0 | 0 | 9260 |
| XYLEM INC | COM | 98419M100 |  | 2394541 | 20038 | SH |  | DFND | 1 | 0 | 0 | 20038 |
| YUM BRANDS INC | COM | 988498101 |  | 4501146 | 28950 | SH |  | DFND | 1 | 0 | 0 | 28950 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 1112184 | 22800 | SH |  | DFND | 1 | 0 | 0 | 22800 |
| ZOETIS INC | CL A | 98978V103 |  | 3952233 | 33434 | SH |  | DFND | 1 | 0 | 0 | 33434 |

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