# EDGAR Filing Document

**Accession Number:** 0001637689
**File Stem:** 0001172661-25-005304
**Filing Date:** 2025-12
**Character Count:** 41931
**Document Hash:** f03bd838dd28f58801e4ff8a2b64c46c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-005304.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001172661-25-005304

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20160331

**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:** 251607776

**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:** 03-31-2016

**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:** 399

**Form 13F Information Table Value Total:** $2369716703

      (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 |  | 15287803 | 91747 | SH |  | SOLE |  | 91747 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 651670 | 15579 | SH |  | SOLE |  | 15579 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 7670816 | 134293 | SH |  | SOLE |  | 134293 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1245400 | 21831 | SH |  | DFND | 1 | 21831 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 437247 | 12921 | SH |  | SOLE |  | 12921 | 0 | 0 |
| AETNA INC NEW | COM | 00817Y108 |  | 1808723 | 16099 | SH |  | SOLE |  | 16099 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 593048 | 14882 | SH |  | SOLE |  | 14882 | 0 | 0 |
| AGL RES INC | COM | 001204106 |  | 3251724 | 49919 | SH |  | SOLE |  | 49919 | 0 | 0 |
| AGRIUM INC | COM | 008916108 |  | 315828 | 3567 | SH |  | DFND | 1 | 3567 | 0 | 0 |
| AIRGAS INC | COM | 009363102 |  | 572084 | 4039 | SH |  | SOLE |  | 4039 | 0 | 0 |
| ALEXION PHARMACEUTICALS INC | COM | 015351109 |  | 5337416 | 38338 | SH |  | SOLE |  | 38338 | 0 | 0 |
| ALLIANCE DATA SYSTEMS CORP | COM | 018581108 |  | 404140 | 1837 | SH |  | SOLE |  | 1837 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2670345 | 39637 | SH |  | SOLE |  | 39637 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 122827 | 161 | SH |  | DFND | 1 | 161 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 22159193 | 29046 | SH |  | SOLE |  | 29046 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 21491063 | 28849 | SH |  | SOLE |  | 28849 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2332241 | 37268 | SH |  | DFND | 1 | 37268 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 15836062 | 252730 | SH |  | SOLE |  | 252730 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 12768603 | 21509 | SH |  | SOLE |  | 21509 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 16622 | 28 | SH |  | DFND | 1 | 28 | 0 | 0 |
| AMERICAN CAPITAL AGENCY CORP | COM | 02503X105 |  | 582228 | 31292 | SH |  | DFND | 1 | 31292 | 0 | 0 |
| AMERICAN ELEC PWR INC | COM | 025537101 |  | 18331712 | 276080 | SH |  | SOLE |  | 276080 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 8668145 | 141175 | SH |  | SOLE |  | 141175 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 19074786 | 352910 | SH |  | SOLE |  | 352910 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 7942529 | 84486 | SH |  | SOLE |  | 84486 | 0 | 0 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 317206 | 3665 | SH |  | SOLE |  | 3665 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 16443573 | 109675 | SH |  | SOLE |  | 109675 | 0 | 0 |
| ANNALY CAP MGMT INC | COM | 035710409 |  | 579588 | 56562 | SH |  | DFND | 1 | 56562 | 0 | 0 |
| ANTHEM INC | COM | 036752103 |  | 2792170 | 20089 | SH |  | SOLE |  | 20089 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 52455252 | 481285 | SH |  | SOLE |  | 481285 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1730361 | 24337 | SH |  | SOLE |  | 24337 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 1237626 | 34085 | SH |  | SOLE |  | 34085 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 429185 | 5563 | SH |  | SOLE |  | 5563 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 12783404 | 326357 | SH |  | SOLE |  | 326357 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 4035831 | 103165 | SH |  | DFND | 1 | 103165 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 10880746 | 121288 | SH |  | SOLE |  | 121288 | 0 | 0 |
| AUTONATION INC | COM | 05329W102 |  | 581820 | 12464 | SH |  | SOLE |  | 12464 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 681967 | 856 | SH |  | SOLE |  | 856 | 0 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 1176547 | 16316 | SH |  | SOLE |  | 16316 | 0 | 0 |
| AXIS CAPITAL HOLDINGS LTD | SHS | G0692U109 |  | 2189006 | 39470 | SH |  | SOLE |  | 39470 | 0 | 0 |
| B/E AEROSPACE INC | COM | 073302101 |  | 316245 | 6857 | SH |  | SOLE |  | 6857 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 15349635 | 1135328 | SH |  | SOLE |  | 1135328 | 0 | 0 |
| BANK N S HALIFAX | COM | 064149107 |  | 351583 | 7174 | SH |  | DFND | 1 | 7174 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 2144832 | 58236 | SH |  | SOLE |  | 58236 | 0 | 0 |
| BARD C R INC | COM | 067383109 |  | 222734 | 1099 | SH |  | SOLE |  | 1099 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 120473 | 2636 | SH |  | DFND | 1 | 2636 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 1741124 | 38170 | SH |  | SOLE |  | 38170 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 14338488 | 94444 | SH |  | SOLE |  | 94444 | 0 | 0 |
| BED BATH  BEYOND INC | COM | 075896100 |  | 2017370 | 40640 | SH |  | SOLE |  | 40640 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 679570 | 12092 | SH |  | SOLE |  | 12092 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 12243535 | 86295 | SH |  | SOLE |  | 86295 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 1164174 | 35887 | SH |  | SOLE |  | 35887 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 6447085 | 24766 | SH |  | SOLE |  | 24766 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 7946520 | 23333 | SH |  | SOLE |  | 23333 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 212481 | 1676 | SH |  | DFND | 1 | 1676 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 7481209 | 58935 | SH |  | SOLE |  | 58935 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 867686 | 22596 | SH |  | SOLE |  | 22596 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO | COM | 110122108 |  | 9357206 | 146481 | SH |  | SOLE |  | 146481 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 253718 | 3418 | SH |  | SOLE |  | 3418 | 0 | 0 |
| CA INC | COM | 12673P105 |  | 390140 | 12671 | SH |  | SOLE |  | 12671 | 0 | 0 |
| CABLEVISION SYS CORP | CL A NY CABLVS | 12686C109 |  | 1485363 | 45011 | SH |  | SOLE |  | 45011 | 0 | 0 |
| CAMERON INTERNATIONAL CORP | COM | 13342B105 |  | 1312370 | 19573 | SH |  | SOLE |  | 19573 | 0 | 0 |
| CAMPBELL SOUP CO | COM | 134429109 |  | 1152558 | 18068 | SH |  | SOLE |  | 18068 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 546163 | 7880 | SH |  | SOLE |  | 7880 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1778561 | 21703 | SH |  | SOLE |  | 21703 | 0 | 0 |
| CATERPILLAR INC DEL | COM | 149123101 |  | 129417 | 1693 | SH |  | DFND | 1 | 1693 | 0 | 0 |
| CATERPILLAR INC DEL | COM | 149123101 |  | 506082 | 6612 | SH |  | SOLE |  | 6612 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 551730 | 19144 | SH |  | SOLE |  | 19144 | 0 | 0 |
| CDN IMPERIAL BK COMM TORONTO | COM | 136069101 |  | 432025 | 5767 | SH |  | DFND | 1 | 5767 | 0 | 0 |
| CELGENE CORP | COM | 151020104 |  | 8083869 | 80766 | SH |  | SOLE |  | 80766 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 756675 | 36216 | SH |  | DFND | 1 | 36216 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 53283 | 2547 | SH |  | SOLE |  | 2547 | 0 | 0 |
| CENTURYLINK INC | COM | 156700106 |  | 590603 | 18503 | SH |  | DFND | 1 | 18503 | 0 | 0 |
| CERNER CORP | COM | 156782104 |  | 544694 | 10285 | SH |  | SOLE |  | 10285 | 0 | 0 |
| CHESAPEAKE ENERGY CORP | COM | 165167107 |  | 325350 | 79069 | SH |  | DFND | 1 | 79069 | 0 | 0 |
| CHESAPEAKE ENERGY CORP | COM | 165167107 |  | 245482 | 59583 | SH |  | SOLE |  | 59583 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7423360 | 77813 | SH |  | SOLE |  | 77813 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2281827 | 23949 | SH |  | DFND | 1 | 23949 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 6804180 | 57106 | SH |  | SOLE |  | 57106 | 0 | 0 |
| CIGNA CORPORATION | COM | 125509109 |  | 2055032 | 14974 | SH |  | SOLE |  | 14974 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 1650340 | 25250 | SH |  | SOLE |  | 25250 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 402708 | 4484 | SH |  | SOLE |  | 4484 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 667771 | 23485 | SH |  | DFND | 1 | 23485 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 10786998 | 378890 | SH |  | SOLE |  | 378890 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 12924756 | 309575 | SH |  | SOLE |  | 309575 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 2997441 | 71795 | SH |  | DFND | 1 | 71795 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 229612 | 10960 | SH |  | SOLE |  | 10960 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 210016 | 1666 | SH |  | SOLE |  | 1666 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 589572 | 6146 | SH |  | DFND | 1 | 6146 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 1168034 | 27522 | SH |  | SOLE |  | 27522 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3936563 | 84858 | SH |  | SOLE |  | 84858 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 2274202 | 49086 | SH |  | DFND | 1 | 49086 | 0 | 0 |
| COCA COLA ENTERPRISES INC NE | COM | 19122T109 |  | 2976814 | 58668 | SH |  | SOLE |  | 58668 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 15800663 | 258688 | SH |  | SOLE |  | 258688 | 0 | 0 |
| CONAGRA FOODS INC | COM | 205887102 |  | 957545 | 21460 | SH |  | SOLE |  | 21460 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 5262806 | 130688 | SH |  | SOLE |  | 130688 | 0 | 0 |
| CONSOL ENERGY INC | COM | 20854P109 |  | 183033 | 16212 | SH |  | SOLE |  | 16212 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 255279 | 3336 | SH |  | DFND | 1 | 3336 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 1374563 | 17940 | SH |  | SOLE |  | 17940 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 322275 | 2133 | SH |  | SOLE |  | 2133 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 319074 | 15274 | SH |  | SOLE |  | 15274 | 0 | 0 |
| CROWN HOLDINGS INC | COM | 228368106 |  | 662721 | 13364 | SH |  | SOLE |  | 13364 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 6341890 | 246287 | SH |  | SOLE |  | 246287 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 2158672 | 19635 | SH |  | SOLE |  | 19635 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 7982646 | 76956 | SH |  | SOLE |  | 76956 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 11472368 | 120940 | SH |  | SOLE |  | 120940 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 895779 | 13511 | SH |  | SOLE |  | 13511 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 469947 | 6104 | SH |  | SOLE |  | 6104 | 0 | 0 |
| DELPHI AUTOMOTIVE PLC | SHS | G27823106 |  | 234062 | 3120 | SH |  | SOLE |  | 3120 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 837296 | 17200 | SH |  | SOLE |  | 17200 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 456684 | 16643 | SH |  | SOLE |  | 16643 | 0 | 0 |
| DIAMOND OFFSHORE DRILLING IN | COM | 25271C102 |  | 288183 | 13262 | SH |  | SOLE |  | 13262 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 289195 | 6186 | SH |  | SOLE |  | 6186 | 0 | 0 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 732586 | 14387 | SH |  | SOLE |  | 14387 | 0 | 0 |
| DISNEY WALT CO | COM DISNEY | 254687106 |  | 15585413 | 156937 | SH |  | SOLE |  | 156937 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 2789533 | 32588 | SH |  | SOLE |  | 32588 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 297076 | 4618 | SH |  | SOLE |  | 4618 | 0 | 0 |
| DOW CHEM CO | COM | 260543103 |  | 501857 | 9880 | SH |  | DFND | 1 | 9880 | 0 | 0 |
| DOW CHEM CO | COM | 260543103 |  | 11862281 | 233234 | SH |  | SOLE |  | 233234 | 0 | 0 |
| DR PEPPER SNAPPLE GROUP INC | COM | 26138E109 |  | 1144308 | 12797 | SH |  | SOLE |  | 12797 | 0 | 0 |
| DU PONT E I DE NEMOURS  CO | COM | 263534109 |  | 10519415 | 166131 | SH |  | SOLE |  | 166131 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1394955 | 17312 | SH |  | DFND | 1 | 17312 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 20677316 | 256288 | SH |  | SOLE |  | 256288 | 0 | 0 |
| DUN  BRADSTREET CORP DEL NE | COM | 26483E100 |  | 366140 | 3552 | SH |  | SOLE |  | 3552 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 502576 | 6958 | SH |  | SOLE |  | 6958 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 939839 | 15023 | SH |  | SOLE |  | 15023 | 0 | 0 |
| EATON VANCE CORP | COM NON VTG | 278265103 |  | 406799 | 12136 | SH |  | SOLE |  | 12136 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 9896954 | 88746 | SH |  | SOLE |  | 88746 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 2717658 | 37803 | SH |  | SOLE |  | 37803 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 524144 | 5942 | SH |  | SOLE |  | 5942 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 467398 | 7070 | SH |  | SOLE |  | 7070 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 415137 | 7634 | SH |  | SOLE |  | 7634 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 474025 | 8728 | SH |  | DFND | 1 | 8728 | 0 | 0 |
| ENDO INTL PLC | SHS | G30401106 |  | 232435 | 8257 | SH |  | SOLE |  | 8257 | 0 | 0 |
| ENSCO PLC | SHS CLASS A | G3157S106 |  | 667289 | 64348 | SH |  | SOLE |  | 64348 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 812695 | 10264 | SH |  | DFND | 1 | 10264 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 990604 | 12495 | SH |  | SOLE |  | 12495 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 5345662 | 73652 | SH |  | SOLE |  | 73652 | 0 | 0 |
| EQUINIX INC | COM PAR $0.001 | 29444U700 |  | 281434 | 851 | SH |  | SOLE |  | 851 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 579993 | 7740 | SH |  | DFND | 1 | 7740 | 0 | 0 |
| EVEREST RE GROUP LTD | COM | G3223R108 |  | 2177061 | 11027 | SH |  | SOLE |  | 11027 | 0 | 0 |
| EXPRESS SCRIPTS HLDG CO | COM | 30219G108 |  | 2015365 | 29340 | SH |  | SOLE |  | 29340 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 299446 | 3204 | SH |  | SOLE |  | 3204 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 50356622 | 602424 | SH |  | SOLE |  | 602424 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3647066 | 43686 | SH |  | DFND | 1 | 43686 | 0 | 0 |
| F M C CORP | COM NEW | 302491303 |  | 227202 | 5628 | SH |  | SOLE |  | 5628 | 0 | 0 |
| F5 NETWORKS INC | COM | 315616102 |  | 1064216 | 10054 | SH |  | SOLE |  | 10054 | 0 | 0 |
| FACEBOOK INC | CL A | 30303M102 |  | 19753220 | 173122 | SH |  | SOLE |  | 173122 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 344131 | 20619 | SH |  | SOLE |  | 20619 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 1249630 | 12182 | SH |  | SOLE |  | 12182 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 238615 | 5373 | SH |  | SOLE |  | 5373 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 1138923 | 21209 | SH |  | SOLE |  | 21209 | 0 | 0 |
| FMC TECHNOLOGIES INC | COM | 30249U101 |  | 631140 | 23068 | SH |  | SOLE |  | 23068 | 0 | 0 |
| FORD MTR CO DEL | COM PAR $0.01 | 345370860 |  | 1718793 | 127318 | SH |  | SOLE |  | 127318 | 0 | 0 |
| FRANKLIN RES INC | COM | 354613101 |  | 7384863 | 189113 | SH |  | SOLE |  | 189113 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 184124 | 17807 | SH |  | SOLE |  | 17807 | 0 | 0 |
| FRONTIER COMMUNICATIONS CORP | COM | 35906A108 |  | 705085 | 126294 | SH |  | DFND | 1 | 126294 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 1458089 | 45953 | SH |  | SOLE |  | 45953 | 0 | 0 |
| GAP INC DEL | COM | 364760108 |  | 1961686 | 66724 | SH |  | SOLE |  | 66724 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 549389 | 4182 | SH |  | SOLE |  | 4182 | 0 | 0 |
| GENERAL ELECTRIC CO | COM | 369604103 |  | 97977 | 3109 | SH |  | DFND | 1 | 3109 | 0 | 0 |
| GENERAL ELECTRIC CO | COM | 369604103 |  | 24471338 | 769781 | SH |  | SOLE |  | 769781 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 12848394 | 202816 | SH |  | SOLE |  | 202816 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 717827 | 22868 | SH |  | DFND | 1 | 22868 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 2005265 | 63801 | SH |  | SOLE |  | 63801 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 13872973 | 151023 | SH |  | SOLE |  | 151023 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 465981 | 7136 | SH |  | SOLE |  | 7136 | 0 | 0 |
| GLOBAL X FDS | GLBX MSCI COLUM | 37950E200 |  | 385967 | 42414 | SH |  | SOLE |  | 42414 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 10483438 | 66782 | SH |  | SOLE |  | 66782 | 0 | 0 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 742512 | 22514 | SH |  | SOLE |  | 22514 | 0 | 0 |
| HARLEY DAVIDSON INC | COM | 412822108 |  | 909670 | 17722 | SH |  | SOLE |  | 17722 | 0 | 0 |
| HARMAN INTL INDS INC | COM | 413086109 |  | 316003 | 3549 | SH |  | SOLE |  | 3549 | 0 | 0 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 1151724 | 24994 | SH |  | SOLE |  | 24994 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 1176909 | 14693 | SH |  | SOLE |  | 14693 | 0 | 0 |
| HCP INC | COM | 40414L109 |  | 655879 | 20157 | SH |  | DFND | 1 | 20157 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A104 |  | 285959 | 12698 | SH |  | SOLE |  | 12698 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 21880118 | 163982 | SH |  | SOLE |  | 163982 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 22538858 | 201150 | SH |  | SOLE |  | 201150 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 328710 | 7602 | SH |  | SOLE |  | 7602 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 1898315 | 154084 | SH |  | SOLE |  | 154084 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 17703988 | 172823 | SH |  | SOLE |  | 172823 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1643906 | 50881 | SH |  | DFND | 1 | 50881 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 19438630 | 600885 | SH |  | SOLE |  | 600885 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1418491 | 9378 | SH |  | DFND | 1 | 9378 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 12332725 | 81431 | SH |  | SOLE |  | 81431 | 0 | 0 |
| INTL PAPER CO | COM | 460146103 |  | 1158477 | 28228 | SH |  | SOLE |  | 28228 | 0 | 0 |
| INTL PAPER CO | COM | 460146103 |  | 638754 | 15584 | SH |  | DFND | 1 | 15584 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1420281 | 2363 | SH |  | SOLE |  | 2363 | 0 | 0 |
| ISHARES | MSCI BRZ CAP ETF | 464286400 |  | 1114226 | 42366 | SH |  | SOLE |  | 42366 | 0 | 0 |
| ISHARES | MSCI MEX CAP ETF | 464286822 |  | 599185 | 11158 | SH |  | SOLE |  | 11158 | 0 | 0 |
| ISHARES | MSCI THI CAP ETF | 464286624 |  | 742031 | 11011 | SH |  | SOLE |  | 11011 | 0 | 0 |
| ISHARES | MSCI CH CAP ETF | 464286640 |  | 566230 | 15345 | SH |  | SOLE |  | 15345 | 0 | 0 |
| ISHARES | MSCI STH AFR ETF | 464286780 |  | 461240 | 8701 | SH |  | SOLE |  | 8701 | 0 | 0 |
| ISHARES | MSCI ISR CAP ETF | 464286632 |  | 1658029 | 34731 | SH |  | DFND | 1 | 34731 | 0 | 0 |
| ISHARES TR | CORE MSCI PAC | 46434V696 |  | 1155750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| ISHARES TR | MSCI INDONIA ETF | 46429B309 |  | 531396 | 22555 | SH |  | SOLE |  | 22555 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 557955 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 342500000 | 10000000 | SH | Put | SOLE |  | 10000000 | 0 | 0 |
| ISHARES TR | MSCI PHILIPS ETF | 46429B408 |  | 660763 | 18029 | SH |  | SOLE |  | 18029 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 338989375 | 9897500 | SH |  | SOLE |  | 9897500 | 0 | 0 |
| ISHARES TR | USA MIN VOL ETF | 46429B697 |  | 10029219 | 228300 | SH |  | SOLE |  | 228300 | 0 | 0 |
| JACOBS ENGR GROUP INC DEL | COM | 469814107 |  | 987888 | 22684 | SH |  | SOLE |  | 22684 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3548226 | 32835 | SH |  | DFND | 1 | 32835 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 46001987 | 425157 | SH |  | SOLE |  | 425157 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 20836379 | 351847 | SH |  | SOLE |  | 351847 | 0 | 0 |
| KELLOGG CO | COM | 487836108 |  | 1716634 | 22425 | SH |  | SOLE |  | 22425 | 0 | 0 |
| KEYCORP NEW | COM | 493267108 |  | 449019 | 40672 | SH |  | SOLE |  | 40672 | 0 | 0 |
| KIMBERLY CLARK CORP | COM | 494368103 |  | 872701 | 6488 | SH |  | SOLE |  | 6488 | 0 | 0 |
| KLA-TENCOR CORP | COM | 482480100 |  | 1037688 | 14252 | SH |  | SOLE |  | 14252 | 0 | 0 |
| KOHLS CORP | COM | 500255104 |  | 1233347 | 26461 | SH |  | SOLE |  | 26461 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 400822 | 10479 | SH |  | SOLE |  | 10479 | 0 | 0 |
| L BRANDS INC | COM | 501797104 |  | 596962 | 6807 | SH |  | DFND | 1 | 6807 | 0 | 0 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 444157 | 3792 | SH |  | SOLE |  | 3792 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1540986 | 18656 | SH |  | SOLE |  | 18656 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 826241 | 16008 | SH |  | DFND | 1 | 16008 | 0 | 0 |
| LEGG MASON INC | COM | 524901105 |  | 576139 | 16613 | SH |  | SOLE |  | 16613 | 0 | 0 |
| LEUCADIA NATL CORP | COM | 527288104 |  | 268648 | 16614 | SH |  | SOLE |  | 16614 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 923456 | 12824 | SH |  | SOLE |  | 12824 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 1017475 | 25956 | SH |  | SOLE |  | 25956 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1694918 | 7652 | SH |  | SOLE |  | 7652 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1441236 | 6515 | SH |  | DFND | 1 | 6515 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 231883 | 2713 | SH |  | DFND | 1 | 2713 | 0 | 0 |
| MACERICH CO | COM | 554382101 |  | 893748 | 11279 | SH |  | SOLE |  | 11279 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 2194271 | 49768 | SH |  | SOLE |  | 49768 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 323208 | 7512 | SH |  | SOLE |  | 7512 | 0 | 0 |
| MALLINCKRODT PUB LTD CO | SHS | G5785G107 |  | 1446637 | 23607 | SH |  | SOLE |  | 23607 | 0 | 0 |
| MANPOWERGROUP INC | COM | 56418H100 |  | 488031 | 5994 | SH |  | SOLE |  | 5994 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 222722 | 19993 | SH |  | SOLE |  | 19993 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 994268 | 26742 | SH |  | SOLE |  | 26742 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 5985384 | 84088 | SH |  | SOLE |  | 84088 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 448265 | 7374 | SH |  | SOLE |  | 7374 | 0 | 0 |
| MARVELL TECHNOLOGY GROUP LTD | ORD | G5876H105 |  | 528728 | 51283 | SH |  | SOLE |  | 51283 | 0 | 0 |
| MASCO CORP | COM | 574599106 |  | 959288 | 30502 | SH |  | SOLE |  | 30502 | 0 | 0 |
| MASTERCARD INC | CL A | 57636Q104 |  | 13651848 | 144464 | SH |  | SOLE |  | 144464 | 0 | 0 |
| MATTEL INC | COM | 577081102 |  | 428857 | 12756 | SH |  | SOLE |  | 12756 | 0 | 0 |
| MATTEL INC | COM | 577081102 |  | 198542 | 5913 | SH |  | DFND | 1 | 5913 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 512421 | 5151 | SH |  | SOLE |  | 5151 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1051989 | 8381 | SH |  | DFND | 1 | 8381 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 10205467 | 81202 | SH |  | SOLE |  | 81202 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 2546192 | 16192 | SH |  | SOLE |  | 16192 | 0 | 0 |
| MEAD JOHNSON NUTRITION CO | COM | 582839106 |  | 276662 | 3256 | SH |  | SOLE |  | 3256 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 8667600 | 115568 | SH |  | SOLE |  | 115568 | 0 | 0 |
| MERCK  CO INC NEW | COM | 58933Y105 |  | 1953594 | 36970 | SH |  | DFND | 1 | 36970 | 0 | 0 |
| MERCK  CO INC NEW | COM | 58933Y105 |  | 23507014 | 444283 | SH |  | SOLE |  | 444283 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 12296785 | 279854 | SH |  | SOLE |  | 279854 | 0 | 0 |
| MICHAEL KORS HLDGS LTD | SHS | G60754101 |  | 919790 | 16148 | SH |  | SOLE |  | 16148 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 3881585 | 370734 | SH |  | SOLE |  | 370734 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 45620 | 826 | SH |  | DFND | 1 | 826 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 42417579 | 768017 | SH |  | SOLE |  | 768017 | 0 | 0 |
| MOLSON COORS BREWING CO | CL B | 60871R209 |  | 536011 | 5573 | SH |  | SOLE |  | 5573 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 8509492 | 212101 | SH |  | SOLE |  | 212101 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 480249 | 17787 | SH |  | SOLE |  | 17787 | 0 | 0 |
| MURPHY OIL CORP | COM | 626717102 |  | 193510 | 7682 | SH |  | SOLE |  | 7682 | 0 | 0 |
| MURPHY OIL CORP | COM | 626717102 |  | 165665 | 6585 | SH |  | DFND | 1 | 6585 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 1012096 | 15247 | SH |  | SOLE |  | 15247 | 0 | 0 |
| NATIONAL OILWELL VARCO INC | COM | 637071101 |  | 376421 | 12119 | SH |  | DFND | 1 | 12119 | 0 | 0 |
| NATIONAL OILWELL VARCO INC | COM | 637071101 |  | 1465712 | 47129 | SH |  | SOLE |  | 47129 | 0 | 0 |
| NAVIENT CORP | COM | 63938C108 |  | 177778 | 14852 | SH |  | SOLE |  | 14852 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 2054555 | 75286 | SH |  | SOLE |  | 75286 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 212536 | 2079 | SH |  | SOLE |  | 2079 | 0 | 0 |
| NEWS CORP NEW | CL B | 65249B208 |  | 278144 | 20992 | SH |  | SOLE |  | 20992 | 0 | 0 |
| NEWS CORP NEW | CL A | 65249B109 |  | 261951 | 20513 | SH |  | SOLE |  | 20513 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 14872298 | 241944 | SH |  | SOLE |  | 241944 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 519875 | 22066 | SH |  | SOLE |  | 22066 | 0 | 0 |
| NORDSTROM INC | COM | 655664100 |  | 1136534 | 19866 | SH |  | SOLE |  | 19866 | 0 | 0 |
| NORFOLK SOUTHERN CORP | COM | 655844108 |  | 323593 | 3887 | SH |  | SOLE |  | 3887 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 286096 | 4390 | SH |  | SOLE |  | 4390 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 459326 | 2321 | SH |  | SOLE |  | 2321 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 185640 | 14269 | SH |  | SOLE |  | 14269 | 0 | 0 |
| NVIDIA CORP | COM | 67066G104 |  | 723396 | 20303 | SH |  | SOLE |  | 20303 | 0 | 0 |
| O REILLY AUTOMOTIVE INC NEW | COM | 67103H107 |  | 1172086 | 4283 | SH |  | SOLE |  | 4283 | 0 | 0 |
| OCCIDENTAL PETE CORP DEL | COM | 674599105 |  | 6305756 | 92149 | SH |  | SOLE |  | 92149 | 0 | 0 |
| OCCIDENTAL PETE CORP DEL | COM | 674599105 |  | 177760 | 2601 | SH |  | DFND | 1 | 2601 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 801794 | 26886 | SH |  | DFND | 1 | 26886 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 220427 | 7382 | SH |  | SOLE |  | 7382 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 13351510 | 326363 | SH |  | SOLE |  | 326363 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 9447971 | 172755 | SH |  | SOLE |  | 172755 | 0 | 0 |
| PARKER HANNIFIN CORP | COM | 701094104 |  | 5715510 | 51454 | SH |  | SOLE |  | 51454 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 13276796 | 129555 | SH |  | SOLE |  | 129555 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 17034256 | 574705 | SH |  | SOLE |  | 574705 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3137250 | 105980 | SH |  | DFND | 1 | 105980 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 293703 | 4918 | SH |  | SOLE |  | 4918 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2747798 | 28043 | SH |  | DFND | 1 | 28043 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 17816482 | 181597 | SH |  | SOLE |  | 181597 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 423858 | 4895 | SH |  | SOLE |  | 4895 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 727954 | 9697 | SH |  | SOLE |  | 9697 | 0 | 0 |
| PITNEY BOWES INC | COM | 724479100 |  | 389659 | 18090 | SH |  | SOLE |  | 18090 | 0 | 0 |
| PLAINS GP HLDGS L P | SHS A REP LTPN | 72651A108 |  | 705086 | 81241 | SH |  | DFND | 1 | 81241 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 4440094 | 52502 | SH |  | SOLE |  | 52502 | 0 | 0 |
| POLARIS INDS INC | COM | 731068102 |  | 383777 | 3897 | SH |  | SOLE |  | 3897 | 0 | 0 |
| POTASH CORP SASK INC | COM | 73755L107 |  | 757044 | 44344 | SH |  | DFND | 1 | 44344 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 709064 | 18649 | SH |  | DFND | 1 | 18649 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 14363849 | 377301 | SH |  | SOLE |  | 377301 | 0 | 0 |
| PRAXAIR INC | COM | 74005P104 |  | 16367609 | 143011 | SH |  | SOLE |  | 143011 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 824956 | 11230 | SH |  | SOLE |  | 11230 | 0 | 0 |
| PRINCIPAL FINL GROUP INC | COM | 74251V102 |  | 1006330 | 25509 | SH |  | SOLE |  | 25509 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 22713609 | 275952 | SH |  | SOLE |  | 275952 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 3642680 | 44312 | SH |  | DFND | 1 | 44312 | 0 | 0 |
| PROGRESSIVE CORP OHIO | COM | 743315103 |  | 2267584 | 64530 | SH |  | SOLE |  | 64530 | 0 | 0 |
| PROLOGIS INC | COM | 74340W103 |  | 19710200 | 446134 | SH |  | SOLE |  | 446134 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1000464 | 13853 | SH |  | SOLE |  | 13853 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 5272 | 73 | SH |  | DFND | 1 | 73 | 0 | 0 |
| PUBLIC STORAGE | COM | 74460D109 |  | 552212 | 2002 | SH |  | SOLE |  | 2002 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 719451 | 15262 | SH |  | SOLE |  | 15262 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 124009 | 2634 | SH |  | DFND | 1 | 2634 | 0 | 0 |
| PVH CORP | COM | 693656100 |  | 1075395 | 10856 | SH |  | SOLE |  | 10856 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 207262 | 4058 | SH |  | DFND | 1 | 4058 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 15949134 | 311872 | SH |  | SOLE |  | 311872 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 682417 | 30249 | SH |  | SOLE |  | 30249 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 540948 | 7571 | SH |  | SOLE |  | 7571 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 582566 | 6052 | SH |  | SOLE |  | 6052 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 1857797 | 29720 | SH |  | SOLE |  | 29720 | 0 | 0 |
| REGIONS FINL CORP NEW | COM | 7591EP100 |  | 209022 | 26627 | SH |  | SOLE |  | 26627 | 0 | 0 |
| RENAISSANCERE HOLDINGS LTD | COM | G7496G103 |  | 1952151 | 16291 | SH |  | SOLE |  | 16291 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1505931 | 31604 | SH |  | SOLE |  | 31604 | 0 | 0 |
| RESMED INC | COM | 761152107 |  | 1743678 | 30157 | SH |  | SOLE |  | 30157 | 0 | 0 |
| REYNOLDS AMERICAN INC | COM | 761713106 |  | 990453 | 19687 | SH |  | SOLE |  | 19687 | 0 | 0 |
| REYNOLDS AMERICAN INC | COM | 761713106 |  | 1077626 | 21447 | SH |  | DFND | 1 | 21447 | 0 | 0 |
| RITE AID CORP | COM | 767754104 |  | 441706 | 54197 | SH |  | SOLE |  | 54197 | 0 | 0 |
| ROBERT HALF INTL INC | COM | 770323103 |  | 1120668 | 24059 | SH |  | SOLE |  | 24059 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 1697494 | 42359 | SH |  | SOLE |  | 42359 | 0 | 0 |
| ROYAL DUTCH SHELL PLC | SPON ADR B | 780259107 |  | 1065406 | 21659 | SH |  | DFND | 1 | 21659 | 0 | 0 |
| RYDEX ETF TRUST | GUG S EQ WT | 78355W106 |  | 50259200 | 640000 | SH |  | SOLE |  | 640000 | 0 | 0 |
| SCANA CORP NEW | COM | 80589M102 |  | 940711 | 13410 | SH |  | SOLE |  | 13410 | 0 | 0 |
| SCHEIN HENRY INC | COM | 806407102 |  | 800313 | 4636 | SH |  | SOLE |  | 4636 | 0 | 0 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 106761 | 1436 | SH |  | DFND | 1 | 1436 | 0 | 0 |
| SCHLUMBERGER LTD | COM | 806857108 |  | 9444794 | 128065 | SH |  | SOLE |  | 128065 | 0 | 0 |
| SCHWAB CHARLES CORP NEW | COM | 808513105 |  | 3126360 | 111576 | SH |  | SOLE |  | 111576 | 0 | 0 |
| SCRIPPS NETWORKS INTERACT IN | CL A COM | 811065101 |  | 286366 | 4372 | SH |  | SOLE |  | 4372 | 0 | 0 |
| SEAGATE TECHNOLOGY PLC | SHS | G7945M107 |  | 1034017 | 30015 | SH |  | SOLE |  | 30015 | 0 | 0 |
| SEAGATE TECHNOLOGY PLC | SHS | G7945M107 |  | 741935 | 21564 | SH |  | DFND | 1 | 21564 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 16079152 | 77419 | SH |  | SOLE |  | 77419 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1270629 | 24594 | SH |  | DFND | 1 | 24594 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 286015 | 5529 | SH |  | SOLE |  | 5529 | 0 | 0 |
| SOUTHWESTERN ENERGY CO | COM | 845467109 |  | 233723 | 28962 | SH |  | SOLE |  | 28962 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 28649488 | 139400 | SH |  | SOLE |  | 139400 | 0 | 0 |
| SPECTRA ENERGY CORP | COM | 847560109 |  | 340328 | 11136 | SH |  | DFND | 1 | 11136 | 0 | 0 |
| ST JUDE MED INC | COM | 790849103 |  | 883410 | 16062 | SH |  | SOLE |  | 16062 | 0 | 0 |
| STAPLES INC | COM | 855030102 |  | 1136244 | 103014 | SH |  | SOLE |  | 103014 | 0 | 0 |
| STAPLES INC | COM | 855030102 |  | 151800 | 13780 | SH |  | DFND | 1 | 13780 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 6029043 | 100989 | SH |  | SOLE |  | 100989 | 0 | 0 |
| STARWOOD HOTELS WRLD | COM | 85590A401 |  | 10174956 | 121958 | SH |  | SOLE |  | 121958 | 0 | 0 |
| SUNTRUST BKS INC | COM | 867914103 |  | 450026 | 12473 | SH |  | SOLE |  | 12473 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 3570733 | 76412 | SH |  | SOLE |  | 76412 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 676012 | 8216 | SH |  | SOLE |  | 8216 | 0 | 0 |
| TE CONNECTIVITY LTD | REG SHS | H84989104 |  | 378331 | 6110 | SH |  | SOLE |  | 6110 | 0 | 0 |
| TECO ENERGY INC | COM | 872375100 |  | 1490805 | 54152 | SH |  | SOLE |  | 54152 | 0 | 0 |
| TEGNA INC | COM | 87901J105 |  | 514079 | 21913 | SH |  | SOLE |  | 21913 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 340651 | 11775 | SH |  | SOLE |  | 11775 | 0 | 0 |
| TERADATA CORP DEL | COM | 88076W103 |  | 1119503 | 42664 | SH |  | SOLE |  | 42664 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | ADR | 881624209 |  | 212504 | 3979 | SH |  | DFND | 1 | 3979 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 11551583 | 201177 | SH |  | SOLE |  | 201177 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 15462619 | 109207 | SH |  | SOLE |  | 109207 | 0 | 0 |
| TIME WARNER CABLE INC | COM | 88732J207 |  | 3130277 | 15298 | SH |  | SOLE |  | 15298 | 0 | 0 |
| TIME WARNER INC | COM NEW | 887317303 |  | 7998347 | 110246 | SH |  | SOLE |  | 110246 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 658532 | 8405 | SH |  | SOLE |  | 8405 | 0 | 0 |
| TRANSOCEAN LTD | REG SHS | H8817H100 |  | 535732 | 58614 | SH |  | SOLE |  | 58614 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 6384037 | 54700 | SH |  | SOLE |  | 54700 | 0 | 0 |
| TWENTY FIRST CENTY FOX INC | CL A | 90130A101 |  | 6749609 | 242095 | SH |  | SOLE |  | 242095 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 2183048 | 32749 | SH |  | SOLE |  | 32749 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 |  | 2876161 | 33905 | SH |  | SOLE |  | 33905 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 11219175 | 141033 | SH |  | SOLE |  | 141033 | 0 | 0 |
| UNITED CONTL HLDGS INC | COM | 910047109 |  | 1698108 | 28368 | SH |  | SOLE |  | 28368 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 5466616 | 51831 | SH |  | SOLE |  | 51831 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 279855 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 31031 | 310 | SH |  | DFND | 1 | 310 | 0 | 0 |
| UNITED TECHNOLOGIES CORP | COM | 913017109 |  | 12950938 | 129380 | SH |  | SOLE |  | 129380 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 10306071 | 79954 | SH |  | SOLE |  | 79954 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 1186957 | 38388 | SH |  | SOLE |  | 38388 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 1404538 | 42446 | SH |  | SOLE |  | 42446 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 15810739 | 389523 | SH |  | SOLE |  | 389523 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1455818 | 42100 | SH |  | SOLE |  | 42100 | 0 | 0 |
| VARIAN MED SYS INC | COM | 92220P105 |  | 852533 | 10654 | SH |  | SOLE |  | 10654 | 0 | 0 |
| VEREIT INC | COM | 92339V100 |  | 403895 | 45593 | SH |  | DFND | 1 | 45593 | 0 | 0 |
| VEREIT INC | COM | 92339V100 |  | 361231 | 40725 | SH |  | SOLE |  | 40725 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 823953 | 9306 | SH |  | SOLE |  | 9306 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 12940479 | 239284 | SH |  | SOLE |  | 239284 | 0 | 0 |
| VERMILION ENERGY INC | COM | 923725105 |  | 303147 | 10329 | SH |  | DFND | 1 | 10329 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 4700244 | 59130 | SH |  | SOLE |  | 59130 | 0 | 0 |
| VIACOM INC NEW | CL B | 92553P201 |  | 1008470 | 24430 | SH |  | SOLE |  | 24430 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 11311239 | 147898 | SH |  | SOLE |  | 147898 | 0 | 0 |
| VOYA FINL INC | COM | 929089100 |  | 323183 | 10856 | SH |  | SOLE |  | 10856 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 679480 | 8066 | SH |  | SOLE |  | 8066 | 0 | 0 |
| WAL-MART STORES INC | COM | 931142103 |  | 1020501 | 14900 | SH |  | DFND | 1 | 14900 | 0 | 0 |
| WAL-MART STORES INC | COM | 931142103 |  | 5160379 | 75345 | SH |  | SOLE |  | 75345 | 0 | 0 |
| WELLS FARGO  CO NEW | COM | 949746101 |  | 21350070 | 441482 | SH |  | SOLE |  | 441482 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 2100668 | 44468 | SH |  | SOLE |  | 44468 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 |  | 577176 | 29921 | SH |  | SOLE |  | 29921 | 0 | 0 |
| WESTLAKE CHEM CORP | COM | 960413102 |  | 360029 | 7776 | SH |  | SOLE |  | 7776 | 0 | 0 |
| WESTROCK CO | COM | 96145D105 |  | 409112 | 10482 | SH |  | SOLE |  | 10482 | 0 | 0 |
| WEYERHAEUSER CO | COM | 962166104 |  | 7092282 | 228931 | SH |  | SOLE |  | 228931 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 |  | 1135060 | 6294 | SH |  | SOLE |  | 6294 | 0 | 0 |
| WHOLE FOODS MKT INC | COM | 966837106 |  | 2037269 | 65486 | SH |  | SOLE |  | 65486 | 0 | 0 |
| WILLIAMS COS INC DEL | COM | 969457100 |  | 599852 | 37375 | SH |  | DFND | 1 | 37375 | 0 | 0 |
| WILLIAMS COS INC DEL | COM | 969457100 |  | 303771 | 18903 | SH |  | SOLE |  | 18903 | 0 | 0 |
| WYNDHAM WORLDWIDE CORP | COM | 98310W108 |  | 947503 | 12397 | SH |  | SOLE |  | 12397 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 1371194 | 32788 | SH |  | SOLE |  | 32788 | 0 | 0 |
| XEROX CORP | COM | 984121103 |  | 508572 | 45571 | SH |  | SOLE |  | 45571 | 0 | 0 |
| ZIONS BANCORPORATION | COM | 989701107 |  | 255319 | 10546 | SH |  | SOLE |  | 10546 | 0 | 0 |

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