# EDGAR Filing Document

**Accession Number:** 0002094379
**File Stem:** 0002094379-26-000017
**Filing Date:** 2026-5
**Character Count:** 36112
**Document Hash:** 07da0f0c4e442ebb30aa92f2b4fcb6de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002094379-26-000017.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0002094379-26-000017

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAPITOLIS LIQUID GLOBAL MARKETS LLC
- **CENTRAL INDEX KEY:** 0002094379

**ORGANIZATION NAME:**
- **EIN:** 884400323
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23813
- **FILM NUMBER:** 26984426

**BUSINESS ADDRESS:**
- **STREET 1:** 11 WEST 42ND STREET
- **STREET 2:** FLOOR 15
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 646-831-5471

**MAIL ADDRESS:**
- **STREET 1:** 11 WEST 42ND STREET
- **STREET 2:** FLOOR 15
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

### 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:** CAPITOLIS LIQUID GLOBAL MARKETS LLC<br>**Address:** 11 WEST 42ND STREET<br>FLOOR 15<br>NEW YORK, NY 10036

**Form 13F File Number:** 028-23813

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:** Jon Borer<br>**Title:** Chief Compliance Officer<br>**Phone:** 6464805408

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

/s/ Jon Borer  New York, NY  05-15-2026<br>[Signature]  [City, State]  [Date]

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

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

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

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

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 329

**Form 13F Information Table Value Total:** $15723375868

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 5895757 | 40596 | SH |  | SOLE |  | 40596 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 5790990 | 411000 | SH |  | SOLE |  | 411000 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 11949504 | 412194 | SH |  | SOLE |  | 412194 | 0 | 0 |
| ATRENEW INC | SPONSORED ADS | 00138L108 |  | 3453716 | 736400 | SH |  | SOLE |  | 736400 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 146467336 | 673444 | SH |  | SOLE |  | 673444 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 11089489 | 108011 | SH |  | SOLE |  | 108011 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 3485740 | 17579 | SH |  | SOLE |  | 17579 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 7253264 | 29839 | SH |  | SOLE |  | 29839 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 66158691 | 325216 | SH |  | SOLE |  | 325216 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 3111996 | 27303 | SH |  | SOLE |  | 27303 | 0 | 0 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 20073730 | 69103 | SH |  | SOLE |  | 69103 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 9976120 | 79000 | SH |  | SOLE |  | 79000 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 436430 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 445556689 | 1553220 | SH |  | SOLE |  | 1553220 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 474512533 | 1650134 | SH |  | SOLE |  | 1650134 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 255305072 | 1225837 | SH |  | SOLE |  | 1225837 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 22458233 | 74247 | SH |  | SOLE |  | 74247 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 22432811 | 129985 | SH |  | SOLE |  | 129985 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 7981868 | 17961 | SH |  | SOLE |  | 17961 | 0 | 0 |
| AMERIS BANCORP | COM | 03076K108 |  | 2807640 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 4846734 | 13775 | SH |  | SOLE |  | 13775 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 40026417 | 316790 | SH |  | SOLE |  | 316790 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 150321150 | 472500 | SH |  | SOLE |  | 472500 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 29188673 | 90429 | SH |  | SOLE |  | 90429 | 0 | 0 |
| APELLIS PHARMACEUTICALS INC | COM | 03753U106 |  | 40773105 | 1013500 | SH |  | SOLE |  | 1013500 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 839297996 | 3307057 | SH |  | SOLE |  | 3307057 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 48311333 | 141348 | SH |  | SOLE |  | 141348 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 47072654 | 118273 | SH |  | SOLE |  | 118273 | 0 | 0 |
| ARCUTIS BIOTHERAPEUTICS INC | COM | 03969K108 |  | 11780000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 27470920 | 223741 | SH |  | SOLE |  | 223741 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 6295820 | 41617 | SH |  | SOLE |  | 41617 | 0 | 0 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 7080612 | 86900 | SH |  | SOLE |  | 86900 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 7656012 | 31980 | SH |  | SOLE |  | 31980 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 15823049 | 77877 | SH |  | SOLE |  | 77877 | 0 | 0 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 3757050 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| AVEPOINT INC | COM CL A | 053604104 |  | 2987091 | 314100 | SH |  | SOLE |  | 314100 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 |  | 31964692 | 1153960 | SH |  | SOLE |  | 1153960 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 7147917 | 117083 | SH |  | SOLE |  | 117083 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 495700481 | 10168215 | SH |  | SOLE |  | 10168215 | 0 | 0 |
| BANK HAWAII CORP | COM | 062540109 |  | 7543800 | 101600 | SH |  | SOLE |  | 101600 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 43807449 | 369278 | SH |  | SOLE |  | 369278 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 86831040 | 181200 | SH |  | SOLE |  | 181200 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 7454316 | 762200 | SH |  | SOLE |  | 762200 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 37557661 | 39053 | SH |  | SOLE |  | 39053 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 14948700 | 130000 | SH |  | SOLE |  | 130000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 5814661 | 29215 | SH |  | SOLE |  | 29215 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 96837360 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 9245146 | 147333 | SH |  | SOLE |  | 147333 | 0 | 0 |
| BOWHEAD SPECIALTY HLDGS INC | COM SHS | 10240L102 |  | 533834 | 23800 | SH |  | SOLE |  | 23800 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 10279440 | 72000 | SH |  | SOLE |  | 72000 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 6065000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 779912583 | 2519830 | SH |  | SOLE |  | 2519830 | 0 | 0 |
| CEVA INC | COM | 157210105 |  | 4882952 | 261400 | SH |  | SOLE |  | 261400 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 9719082 | 32907 | SH |  | SOLE |  | 32907 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 4671480 | 60215 | SH |  | SOLE |  | 60215 | 0 | 0 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 3715930 | 90500 | SH |  | SOLE |  | 90500 | 0 | 0 |
| CRH PLC | ORD | G25508105 |  | 7965258 | 75773 | SH |  | SOLE |  | 75773 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 11496791 | 280068 | SH |  | SOLE |  | 280068 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 11131956 | 154998 | SH |  | SOLE |  | 154998 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 7788696 | 28030 | SH |  | SOLE |  | 28030 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 10351960 | 106000 | SH |  | SOLE |  | 106000 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 62084030 | 340317 | SH |  | SOLE |  | 340317 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1204467 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| CARNIVAL CORP | COMMON STOCK | 143658300 |  | 10911086 | 421603 | SH |  | SOLE |  | 421603 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 73564920 | 234000 | SH |  | SOLE |  | 234000 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 69859824 | 98608 | SH |  | SOLE |  | 98608 | 0 | 0 |
| CELCUITY INC | COM | 15102K100 |  | 36125310 | 316500 | SH |  | SOLE |  | 316500 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 5717348 | 18200 | SH |  | SOLE |  | 18200 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 134562068 | 1431816 | SH |  | SOLE |  | 1431816 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 60922816 | 294669 | SH |  | SOLE |  | 294669 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 37573040 | 181600 | SH |  | SOLE |  | 181600 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 3001610 | 93771 | SH |  | SOLE |  | 93771 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 4725659 | 14499 | SH |  | SOLE |  | 14499 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 14651240 | 157000 | SH |  | SOLE |  | 157000 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 4592320 | 27151 | SH |  | SOLE |  | 27151 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 187389859 | 2415129 | SH |  | SOLE |  | 2415129 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 185190251 | 1632927 | SH |  | SOLE |  | 1632927 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 116993343 | 1538374 | SH |  | SOLE |  | 1538374 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 1833405 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 57785940 | 678000 | SH |  | SOLE |  | 678000 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 11996100 | 417837 | SH |  | SOLE |  | 417837 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 28545000 | 216250 | SH |  | SOLE |  | 216250 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 4500000 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 23588806 | 84472 | SH |  | SOLE |  | 84472 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 10780110 | 79283 | SH |  | SOLE |  | 79283 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 54660700 | 1355000 | SH |  | SOLE |  | 1355000 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 439740502 | 441316 | SH |  | SOLE |  | 441316 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 7246010 | 18560 | SH |  | SOLE |  | 18560 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 14856224 | 405354 | SH |  | SOLE |  | 405354 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 11083212 | 20600 | SH |  | SOLE |  | 20600 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 11349456 | 59860 | SH |  | SOLE |  | 59860 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 1237400 | 10482 | SH |  | SOLE |  | 10482 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 6904909 | 68987 | SH |  | SOLE |  | 68987 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 1408077 | 29700 | SH |  | SOLE |  | 29700 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 5814108 | 38722 | SH |  | SOLE |  | 38722 | 0 | 0 |
| DOW HLDGS INC | COM | 260557103 |  | 16842677 | 404386 | SH |  | SOLE |  | 404386 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 1486180 | 10280 | SH |  | SOLE |  | 10280 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 32965520 | 518000 | SH |  | SOLE |  | 518000 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 7153400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 1675926 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 5668157 | 77455 | SH |  | SOLE |  | 77455 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 7970202 | 99528 | SH |  | SOLE |  | 99528 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 3975465 | 19500 | SH |  | SOLE |  | 19500 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 19039875 | 65038 | SH |  | SOLE |  | 65038 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 338630801 | 368169 | SH |  | SOLE |  | 368169 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 3821840 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 30611900 | 170000 | SH |  | SOLE |  | 170000 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 6861680 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 6860868 | 115991 | SH |  | SOLE |  | 115991 | 0 | 0 |
| ESSENT GROUP LTD | COM | G3198U102 |  | 7527072 | 128800 | SH |  | SOLE |  | 128800 | 0 | 0 |
| ESSENTIAL UTILS INC | COM | 29670G102 |  | 22229040 | 552000 | SH |  | SOLE |  | 552000 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 26643716 | 110098 | SH |  | SOLE |  | 110098 | 0 | 0 |
| EVOLENT HEALTH INC | CL A | 30050B101 |  | 1436400 | 630000 | SH |  | SOLE |  | 630000 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 3392422 | 30902 | SH |  | SOLE |  | 30902 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 3443493 | 14914 | SH |  | SOLE |  | 14914 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 5494872 | 41904 | SH |  | SOLE |  | 41904 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 45185208 | 266328 | SH |  | SOLE |  | 266328 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 69455100 | 195000 | SH |  | SOLE |  | 195000 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 59833705 | 1275500 | SH |  | SOLE |  | 1275500 | 0 | 0 |
| FIRST INDL RLTY TR INC | COM | 32054K103 |  | 9140300 | 158000 | SH |  | SOLE |  | 158000 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 24977363 | 447623 | SH |  | SOLE |  | 447623 | 0 | 0 |
| FIVE BELOW INC | COM | 33829M101 |  | 40532352 | 177400 | SH |  | SOLE |  | 177400 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 7535537 | 128199 | SH |  | SOLE |  | 128199 | 0 | 0 |
| FULL TRUCK ALLIANCE CO LTD | SPONSORED ADS | 35969L108 |  | 14244460 | 1716200 | SH |  | SOLE |  | 1716200 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 14082496 | 16133 | SH |  | SOLE |  | 16133 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 13728800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 51103856 | 180089 | SH |  | SOLE |  | 180089 | 0 | 0 |
| GEO GROUP INC | COM | 36162J106 |  | 16810000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 89475540 | 642000 | SH |  | SOLE |  | 642000 | 0 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 4170581 | 61970 | SH |  | SOLE |  | 61970 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 5705970 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 4139415 | 76500 | SH |  | SOLE |  | 76500 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 71860929 | 84943 | SH |  | SOLE |  | 84943 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 16618493 | 177548 | SH |  | SOLE |  | 177548 | 0 | 0 |
| HCI GROUP INC | COM | 40416E103 |  | 6107095 | 39500 | SH |  | SOLE |  | 39500 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 8921490 | 543000 | SH |  | SOLE |  | 543000 | 0 | 0 |
| HELLO GROUP INC | ADS | 423403104 |  | 2139264 | 371400 | SH |  | SOLE |  | 371400 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 33666652 | 445385 | SH |  | SOLE |  | 445385 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 25392281 | 77206 | SH |  | SOLE |  | 77206 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 179553259 | 794378 | SH |  | SOLE |  | 794378 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 9961341 | 519903 | SH |  | SOLE |  | 519903 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1026640 | 65600 | SH |  | SOLE |  | 65600 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 7387168 | 13147 | SH |  | SOLE |  | 13147 | 0 | 0 |
| INHIBRX BIOSCIENCES INC | COM | 45720N103 |  | 8403750 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 18457990 | 418264 | SH |  | SOLE |  | 418264 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 2359254 | 35176 | SH |  | SOLE |  | 35176 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 10406588 | 66166 | SH |  | SOLE |  | 66166 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 9998588 | 41250 | SH |  | SOLE |  | 41250 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 21432212 | 49568 | SH |  | SOLE |  | 49568 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 41095415 | 89146 | SH |  | SOLE |  | 89146 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 25548235 | 1028098 | SH |  | SOLE |  | 1028098 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 118606252 | 1229845 | SH |  | SOLE |  | 1229845 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 422747926 | 1437136 | SH |  | SOLE |  | 1437136 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | INTRNL RES EQT | 46641Q134 |  | 9747738 | 128700 | SH |  | SOLE |  | 128700 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 5293400 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| JEFFERIES FINANCIAL GROUP IN | COM | 47233W109 |  | 2137786 | 51800 | SH |  | SOLE |  | 51800 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 138671056 | 567301 | SH |  | SOLE |  | 567301 | 0 | 0 |
| JOYY INC | ADS REPSTG COM A | 46591M109 |  | 24979242 | 427800 | SH |  | SOLE |  | 427800 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 9620000 | 104000 | SH |  | SOLE |  | 104000 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 88326931 | 59988 | SH |  | SOLE |  | 59988 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 39168935 | 2271980 | SH |  | SOLE |  | 2271980 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 26314343 | 93191 | SH |  | SOLE |  | 93191 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 16089907 | 479866 | SH |  | SOLE |  | 479866 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1185836 | 16388 | SH |  | SOLE |  | 16388 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 30605940 | 143246 | SH |  | SOLE |  | 143246 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 2402887 | 14989 | SH |  | SOLE |  | 14989 | 0 | 0 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 18631704 | 345800 | SH |  | SOLE |  | 345800 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 981292 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| LIBERTY LIVE HOLDINGS INC | COM SER A | 530909100 |  | 7862712 | 85800 | SH |  | SOLE |  | 85800 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 84855769 | 171163 | SH |  | SOLE |  | 171163 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 75044689 | 124166 | SH |  | SOLE |  | 124166 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 53585000 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 1737500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 |  | 1735560 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 12575270 | 51500 | SH |  | SOLE |  | 51500 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 9812100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 14335122 | 82647 | SH |  | SOLE |  | 82647 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 54979973 | 309102 | SH |  | SOLE |  | 309102 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 234323052 | 468965 | SH |  | SOLE |  | 468965 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 7189505 | 23133 | SH |  | SOLE |  | 23133 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 9677321 | 11183 | SH |  | SOLE |  | 11183 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 14908219 | 172051 | SH |  | SOLE |  | 172051 | 0 | 0 |
| MELCO RESORTS AND ENTMNT LTD | ADR | 585464100 |  | 6906880 | 1216000 | SH |  | SOLE |  | 1216000 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 26924511 | 223830 | SH |  | SOLE |  | 223830 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 6041768 | 97700 | SH |  | SOLE |  | 97700 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 4953936 | 70050 | SH |  | SOLE |  | 70050 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 558208361 | 975667 | SH |  | SOLE |  | 975667 | 0 | 0 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 5044800 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 35990354 | 557040 | SH |  | SOLE |  | 557040 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 94403307 | 279432 | SH |  | SOLE |  | 279432 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 676488266 | 1827507 | SH |  | SOLE |  | 1827507 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 13921680 | 114000 | SH |  | SOLE |  | 114000 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 8131300 | 61000 | SH |  | SOLE |  | 61000 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 18905920 | 328000 | SH |  | SOLE |  | 328000 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 4800900 | 4391 | SH |  | SOLE |  | 4391 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 5235000 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| MOOG INC | CL A | 615394202 |  | 21772416 | 74400 | SH |  | SOLE |  | 74400 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 18556913 | 112760 | SH |  | SOLE |  | 112760 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 89945490 | 207262 | SH |  | SOLE |  | 207262 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 976690402 | 5600289 | SH |  | SOLE |  | 5600289 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 54688889 | 277806 | SH |  | SOLE |  | 277806 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 3678878 | 43337 | SH |  | SOLE |  | 43337 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 63702553 | 622156 | SH |  | SOLE |  | 622156 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 73630228 | 765785 | SH |  | SOLE |  | 765785 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 41647347 | 384733 | SH |  | SOLE |  | 384733 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 4350625 | 82367 | SH |  | SOLE |  | 82367 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 31597552 | 110096 | SH |  | SOLE |  | 110096 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 5031778 | 36052 | SH |  | SOLE |  | 36052 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDGS | SHS | G66721104 |  | 75699507 | 4048102 | SH |  | SOLE |  | 4048102 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 82418230 | 560249 | SH |  | SOLE |  | 560249 | 0 | 0 |
| ORMAT TECHNOLOGIES INC | COM | 686688102 |  | 2686080 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 6124237 | 79453 | SH |  | SOLE |  | 79453 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 2380840 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 5871161 | 57459 | SH |  | SOLE |  | 57459 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 13189131 | 750662 | SH |  | SOLE |  | 750662 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 22384657 | 107572 | SH |  | SOLE |  | 107572 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 71710991 | 490231 | SH |  | SOLE |  | 490231 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 7840931 | 48908 | SH |  | SOLE |  | 48908 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 4915763 | 5491 | SH |  | SOLE |  | 5491 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 7098532 | 156943 | SH |  | SOLE |  | 156943 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 45774121 | 139398 | SH |  | SOLE |  | 139398 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 169201033 | 1089581 | SH |  | SOLE |  | 1089581 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 6991106 | 248971 | SH |  | SOLE |  | 248971 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 15279069 | 92410 | SH |  | SOLE |  | 92410 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 8261500 | 82000 | SH |  | SOLE |  | 82000 | 0 | 0 |
| PLEXUS CORP | COM | 729132100 |  | 3848260 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 46090515 | 319098 | SH |  | SOLE |  | 319098 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 108437280 | 547000 | SH |  | SOLE |  | 547000 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 4797473 | 36295 | SH |  | SOLE |  | 36295 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 4566290 | 58996 | SH |  | SOLE |  | 58996 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 81018331 | 629122 | SH |  | SOLE |  | 629122 | 0 | 0 |
| RLX TECHNOLOGY INC | SPONSORED ADS | 74969N103 |  | 3322440 | 1510200 | SH |  | SOLE |  | 1510200 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 23698151 | 122852 | SH |  | SOLE |  | 122852 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 57948000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1044800 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| REINSURANCE GROUP AMER INC | COM NEW | 759351604 |  | 3984795 | 19518 | SH |  | SOLE |  | 19518 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 20058728 | 91584 | SH |  | SOLE |  | 91584 | 0 | 0 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 35043380 | 474200 | SH |  | SOLE |  | 474200 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 10041821 | 27981 | SH |  | SOLE |  | 27981 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 20082500 | 725000 | SH |  | SOLE |  | 725000 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 6932160 | 32000 | SH |  | SOLE |  | 32000 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 20359200 | 80000 | SH |  | SOLE |  | 80000 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 11468442 | 26963 | SH |  | SOLE |  | 26963 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 489055680 | 752000 | SH |  | SOLE |  | 752000 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 2432430 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 50960910 | 273000 | SH |  | SOLE |  | 273000 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 3113166 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 9786000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 36390855 | 439450 | SH |  | SOLE |  | 439450 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 37838531 | 96586 | SH |  | SOLE |  | 96586 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 23800300 | 566000 | SH |  | SOLE |  | 566000 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 36032871 | 370823 | SH |  | SOLE |  | 370823 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 31365000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 9491806 | 29611 | SH |  | SOLE |  | 29611 | 0 | 0 |
| SIMMONS FIRST NATL CORP | CL A $1 PAR | 828730200 |  | 4352910 | 223800 | SH |  | SOLE |  | 223800 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 18639570 | 99928 | SH |  | SOLE |  | 99928 | 0 | 0 |
| SKYWEST INC | COM | 830879102 |  | 4563951 | 49700 | SH |  | SOLE |  | 49700 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 4439920 | 46000 | SH |  | SOLE |  | 46000 | 0 | 0 |
| SPHERE ENTERTAINMENT CO | CL A | 55826T102 |  | 17210840 | 146600 | SH |  | SOLE |  | 146600 | 0 | 0 |
| SPRINKLR INC | CL A | 85208T107 |  | 3748800 | 624800 | SH |  | SOLE |  | 624800 | 0 | 0 |
| SPROUT SOCIAL INC | COM CL A | 85209W109 |  | 217170 | 38100 | SH |  | SOLE |  | 38100 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 41198571 | 325526 | SH |  | SOLE |  | 325526 | 0 | 0 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 |  | 88994675 | 1949500 | SH |  | SOLE |  | 1949500 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R606 |  | 839520 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A375 |  | 6355830 | 189500 | SH |  | SOLE |  | 189500 | 0 | 0 |
| STRUCTURE THERAPEUTICS INC | SPONSORED ADS | 86366E106 |  | 55492660 | 1151300 | SH |  | SOLE |  | 1151300 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 28455894 | 86600 | SH |  | SOLE |  | 86600 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 14122618 | 35620 | SH |  | SOLE |  | 35620 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 829288 | 9200 | SH |  | SOLE |  | 9200 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 11761680 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| TAL ED GROUP | SPONSORED ADS | 874080104 |  | 36269163 | 3189900 | SH |  | SOLE |  | 3189900 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 13460888 | 64400 | SH |  | SOLE |  | 64400 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 75466714 | 472553 | SH |  | SOLE |  | 472553 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 4150660 | 71000 | SH |  | SOLE |  | 71000 | 0 | 0 |
| TACTILE SYS TECHNOLOGY INC | COM | 87357P100 |  | 4319289 | 165300 | SH |  | SOLE |  | 165300 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 1249385 | 6326 | SH |  | SOLE |  | 6326 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 2679040 | 46000 | SH |  | SOLE |  | 46000 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 26980624 | 142974 | SH |  | SOLE |  | 142974 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 21755717 | 73385 | SH |  | SOLE |  | 73385 | 0 | 0 |
| TERNS PHARMACEUTICALS INC | COM | 880881107 |  | 104164176 | 1975800 | SH |  | SOLE |  | 1975800 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 92313332 | 248321 | SH |  | SOLE |  | 248321 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 134961469 | 695176 | SH |  | SOLE |  | 695176 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 96424915 | 196173 | SH |  | SOLE |  | 196173 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 1291894 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 4899641 | 16798 | SH |  | SOLE |  | 16798 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 10496076 | 163822 | SH |  | SOLE |  | 163822 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 43194305 | 830500 | SH |  | SOLE |  | 830500 | 0 | 0 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 10165114 | 103325 | SH |  | SOLE |  | 103325 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 74907430 | 276830 | SH |  | SOLE |  | 276830 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 25695600 | 280000 | SH |  | SOLE |  | 280000 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 24008000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 5865708 | 100200 | SH |  | SOLE |  | 100200 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 51057807 | 644100 | SH |  | SOLE |  | 644100 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 9817056 | 153200 | SH |  | SOLE |  | 153200 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1493856 | 10800 | SH |  | SOLE |  | 10800 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 3190929 | 12848 | SH |  | SOLE |  | 12848 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 12345837 | 245933 | SH |  | SOLE |  | 245933 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 7504551 | 16806 | SH |  | SOLE |  | 16806 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 25682510 | 1901000 | SH |  | SOLE |  | 1901000 | 0 | 0 |
| VIRTU FINL INC | CL A | 928254101 |  | 5748186 | 130700 | SH |  | SOLE |  | 130700 | 0 | 0 |
| VISTANCE NETWORKS INC | COM | 20337X109 |  | 18200000 | 1000000 | SH |  | SOLE |  | 1000000 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 9019800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 5053616 | 18559 | SH |  | SOLE |  | 18559 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 |  | 1090810 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| WALKER  DUNLOP INC | COM | 93148P102 |  | 1406846 | 31700 | SH |  | SOLE |  | 31700 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 122579228 | 986315 | SH |  | SOLE |  | 986315 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 7885426 | 81816 | SH |  | SOLE |  | 81816 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 32544246 | 1185151 | SH |  | SOLE |  | 1185151 | 0 | 0 |
| WARNER MUSIC GROUP CORP | COM CL A | 934550203 |  | 4699360 | 184000 | SH |  | SOLE |  | 184000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 4639230 | 20189 | SH |  | SOLE |  | 20189 | 0 | 0 |
| WEAVE COMMUNICATIONS INC | COM | 94724R108 |  | 1682890 | 364262 | SH |  | SOLE |  | 364262 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 |  | 42296426 | 609283 | SH |  | SOLE |  | 609283 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 12499407 | 157008 | SH |  | SOLE |  | 157008 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 22280138 | 112691 | SH |  | SOLE |  | 112691 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 57127488 | 211200 | SH |  | SOLE |  | 211200 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 4788924 | 65800 | SH |  | SOLE |  | 65800 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 712215 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| WORTHINGTON ENTERPRISES INC | COM | 981811102 |  | 4066920 | 78000 | SH |  | SOLE |  | 78000 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 27780168 | 349700 | SH |  | SOLE |  | 349700 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 9795240 | 63000 | SH |  | SOLE |  | 63000 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 7329020 | 62000 | SH |  | SOLE |  | 62000 | 0 | 0 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 |  | 5481270 | 181800 | SH |  | SOLE |  | 181800 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 8971992 | 170700 | SH |  | SOLE |  | 170700 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 86423400 | 997500 | SH |  | SOLE |  | 997500 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 17600571 | 177300 | SH |  | SOLE |  | 177300 | 0 | 0 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 |  | 21398182 | 470600 | SH |  | SOLE |  | 470600 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 29223744 | 211200 | SH |  | SOLE |  | 211200 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 40281400 | 365000 | SH |  | SOLE |  | 365000 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 4671724 | 53890 | SH |  | SOLE |  | 53890 | 0 | 0 |

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