# EDGAR Filing Document

**Accession Number:** 0001956031
**File Stem:** 0001104659-23-019799
**Filing Date:** 2023-2
**Character Count:** 18615
**Document Hash:** 44e563ea6fd77d9d51a2272485d3eb41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-019799.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001104659-23-019799

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Thematics Asset Management
- **CENTRAL INDEX KEY:** 0001956031
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** I0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22946
- **FILM NUMBER:** 23619463

**BUSINESS ADDRESS:**
- **STREET 1:** 20 RUE DES CAPUCINES
- **CITY:** PARIS
- **STATE:** I0
- **ZIP:** 75002
- **BUSINESS PHONE:** 33 0779885389

**MAIL ADDRESS:**
- **STREET 1:** 20 RUE DES CAPUCINES
- **CITY:** PARIS
- **STATE:** I0
- **ZIP:** 75002

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Thematics Asset Management<br>**Address:** 20 rue des Capucines<br>Paris, I0 75002

**Form 13F File Number:** 028-22946

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:** Nolan Hoffmeyer<br>**Title:** Deputy CEO<br>**Phone:** 0033-1-78-40-80-59

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

Nolan Hoffmeyer  Paris, I0  02-08-2023<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:** 141

**Form 13F Information Table Value Total:** $1648703842

      (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   |
|:---|:---|:---|
|  | Natixis Investment Managers SA | 028-19314              |

### 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 |
| ACTIVISION BLIZZARD INC | Common Stock | 00507V109 |  | 2693948 | 35192 | SH |  | DFND | 1 | 0 | 35192 | 0 |
| ADOBE SYSTEMS INCORPORATED | Common Stock | 00724F101 |  | 5102468 | 15162 | SH |  | DFND | 1 | 0 | 15162 | 0 |
| ADVANCED DRAIN SYS INC DEL | Common Stock | 00790R104 |  | 8524880 | 104000 | SH |  | DFND | 1 | 0 | 104000 | 0 |
| ADVANCED MICRO DEVICES INC | Common Stock | 007903107 |  | 12517515 | 193261 | SH |  | DFND | 1 | 0 | 193261 | 0 |
| AECOM | Common Stock | 00766T100 |  | 8507778 | 100174 | SH |  | DFND | 1 | 0 | 100174 | 0 |
| ALARM COM HLDGS INC | Common Stock | 011642105 |  | 4145533 | 83782 | SH |  | DFND | 1 | 0 | 83782 | 0 |
| ALPHABET INC | Common Stock | 02079K305 |  | 14476073 | 164072 | SH |  | DFND | 1 | 0 | 164072 | 0 |
| ALTAIR ENGR INC | Common Stock | 021369103 |  | 7722670 | 169841 | SH |  | DFND | 1 | 0 | 169841 | 0 |
| AMERICAN WTR WKS CO INC NEW | Common Stock | 030420103 |  | 14516786 | 95242 | SH |  | DFND | 1 | 0 | 95242 | 0 |
| ANSYS INC | Common Stock | 03662Q105 |  | 11574577 | 47910 | SH |  | DFND | 1 | 0 | 47910 | 0 |
| API GROUP CORP | Common Stock | 00187Y100 |  | 29381220 | 1562000 | SH |  | DFND | 1 | 0 | 1562000 | 0 |
| APPLIED INDL TECHNOLOGIES IN | Common Stock | 03820C105 |  | 7767859 | 61635 | SH |  | DFND | 1 | 0 | 61635 | 0 |
| ATLASSIAN CORPORATION | Common Stock | 049468101 |  | 2916918 | 22668 | SH |  | DFND | 1 | 0 | 22668 | 0 |
| AUTODESK INC | Common Stock | 052769106 |  | 17517194 | 93740 | SH |  | DFND | 1 | 0 | 93740 | 0 |
| AVANTOR INC | Common Stock | 05352A100 |  | 16365840 | 776000 | SH |  | DFND | 1 | 0 | 776000 | 0 |
| AZENTA INC | Common Stock | 114340102 |  | 19736580 | 339000 | SH |  | DFND | 1 | 0 | 339000 | 0 |
| BJS WHSL CLUB HLDGS INC | Common Stock | 05550J101 |  | 3639991 | 55018 | SH |  | DFND | 1 | 0 | 55018 | 0 |
| BRIGHTVIEW HLDGS INC | Common Stock | 10948C107 |  | 3100500 | 450000 | SH |  | DFND | 1 | 0 | 450000 | 0 |
| CADENCE DESIGN SYSTEM INC | Common Stock | 127387108 |  | 16031711 | 99799 | SH |  | DFND | 1 | 0 | 99799 | 0 |
| CALIFORNIA WTR SVC GROUP | Common Stock | 130788102 |  | 8032981 | 132470 | SH |  | DFND | 1 | 0 | 132470 | 0 |
| CHARTER COMMUNICATIONS INC N | Common Stock | 16119P108 |  | 3960349 | 11679 | SH |  | DFND | 1 | 0 | 11679 | 0 |
| CHEGG INC | Common Stock | 163092109 |  | 3587835 | 141980 | SH |  | DFND | 1 | 0 | 141980 | 0 |
| CHIPOTLE MEXICAN GRILL INC | Common Stock | 169656105 |  | 3210652 | 2314 | SH |  | DFND | 1 | 0 | 2314 | 0 |
| CINTAS CORP | Common Stock | 172908105 |  | 20774520 | 46000 | SH |  | DFND | 1 | 0 | 46000 | 0 |
| CLEAN HARBORS INC | Common Stock | 184496107 |  | 34267269 | 300274 | SH |  | DFND | 1 | 0 | 300274 | 0 |
| COGNEX CORP | Common Stock | 192422103 |  | 6826663 | 144909 | SH |  | DFND | 1 | 0 | 144909 | 0 |
| CORE  MAIN INC | Common Stock | 21874C102 |  | 8882600 | 460000 | SH |  | DFND | 1 | 0 | 460000 | 0 |
| COSTAR GROUP INC | Common Stock | 22160N109 |  | 7226685 | 93513 | SH |  | DFND | 1 | 0 | 93513 | 0 |
| COSTCO WHSL CORP NEW | Common Stock | 22160K105 |  | 8648393 | 18945 | SH |  | DFND | 1 | 0 | 18945 | 0 |
| CROWDSTRIKE HLDGS INC | Common Stock | 22788C105 |  | 25377417 | 241024 | SH |  | DFND | 1 | 0 | 241024 | 0 |
| CRYOPORT INC | Common Stock | 229050307 |  | 9525150 | 549000 | SH |  | DFND | 1 | 0 | 549000 | 0 |
| CVS HEALTH CORP | Common Stock | 126650100 |  | 4825192 | 51778 | SH |  | DFND | 1 | 0 | 51778 | 0 |
| DANAHER CORPORATION | Common Stock | 235851102 |  | 22099665 | 83263 | SH |  | DFND | 1 | 0 | 83263 | 0 |
| DESCARTES SYS GROUP INC | Common Stock | 249906108 |  | 4839003 | 69476 | SH |  | DFND | 1 | 0 | 69476 | 0 |
| DEXCOM INC | Common Stock | 252131107 |  | 9320784 | 82310 | SH |  | DFND | 1 | 0 | 82310 | 0 |
| DIGITAL RLTY TR INC | Common Stock | 253868103 |  | 16344010 | 163000 | SH |  | DFND | 1 | 0 | 163000 | 0 |
| DISNEY WALT CO | Common Stock | 254687106 |  | 3374506 | 38841 | SH |  | DFND | 1 | 0 | 38841 | 0 |
| ECOLAB INC | Common Stock | 278865100 |  | 25341559 | 174097 | SH |  | DFND | 1 | 0 | 174097 | 0 |
| EMERSON ELEC CO | Common Stock | 291011104 |  | 9974294 | 103834 | SH |  | DFND | 1 | 0 | 103834 | 0 |
| EQUINIX INC | Common Stock | 29444U700 |  | 25906437 | 39550 | SH |  | DFND | 1 | 0 | 39550 | 0 |
| ESSENTIAL UTILS INC | Common Stock | 29670G102 |  | 21086637 | 441790 | SH |  | DFND | 1 | 0 | 441790 | 0 |
| EVERBRIDGE INC | Common Stock | 29978A104 |  | 7749960 | 262000 | SH |  | DFND | 1 | 0 | 262000 | 0 |
| EVOQUA WATER TECHNOLOGIES CO | Common Stock | 30057T105 |  | 8236800 | 208000 | SH |  | DFND | 1 | 0 | 208000 | 0 |
| EXACT SCIENCES CORP | Common Stock | 30063P105 |  | 2365142 | 47771 | SH |  | DFND | 1 | 0 | 47771 | 0 |
| EXPONENT INC | Common Stock | 30214U102 |  | 7927200 | 80000 | SH |  | DFND | 1 | 0 | 80000 | 0 |
| FACTSET RESH SYS INC | Common Stock | 303075105 |  | 7080153 | 17647 | SH |  | DFND | 1 | 0 | 17647 | 0 |
| FISERV INC | Common Stock | 337738108 |  | 24256800 | 240000 | SH |  | DFND | 1 | 0 | 240000 | 0 |
| GENTEX CORP | Common Stock | 371901109 |  | 10908000 | 400000 | SH |  | DFND | 1 | 0 | 400000 | 0 |
| GITLAB INC | Common Stock | 37637K108 |  | 2544276 | 55992 | SH |  | DFND | 1 | 0 | 55992 | 0 |
| GLOBAL PMTS INC | Common Stock | 37940X102 |  | 13805480 | 139000 | SH |  | DFND | 1 | 0 | 139000 | 0 |
| GODADDY INC | Common Stock | 380237107 |  | 6271637 | 83823 | SH |  | DFND | 1 | 0 | 83823 | 0 |
| HEALTHEQUITY INC | Common Stock | 42226A107 |  | 4931693 | 80008 | SH |  | DFND | 1 | 0 | 80008 | 0 |
| HELIOS TECHNOLOGIES INC | Common Stock | 42328H109 |  | 6587240 | 121000 | SH |  | DFND | 1 | 0 | 121000 | 0 |
| HOLOGIC INC | Common Stock | 436440101 |  | 19043858 | 254563 | SH |  | DFND | 1 | 0 | 254563 | 0 |
| HUBSPOT INC | Common Stock | 443573100 |  | 4377428 | 15140 | SH |  | DFND | 1 | 0 | 15140 | 0 |
| IDEX CORP | Common Stock | 45167R104 |  | 10652508 | 46654 | SH |  | DFND | 1 | 0 | 46654 | 0 |
| IDEXX LABS INC | Common Stock | 45168D104 |  | 3250217 | 7967 | SH |  | DFND | 1 | 0 | 7967 | 0 |
| INTUIT | Common Stock | 461202103 |  | 7764161 | 19948 | SH |  | DFND | 1 | 0 | 19948 | 0 |
| INTUITIVE SURGICAL INC | Common Stock | 46120E602 |  | 16557044 | 62397 | SH |  | DFND | 1 | 0 | 62397 | 0 |
| JOHN BEAN TECHNOLOGIES CORP | Common Stock | 477839104 |  | 8311578 | 91006 | SH |  | DFND | 1 | 0 | 91006 | 0 |
| KLA CORP | Common Stock | 482480100 |  | 18124209 | 48071 | SH |  | DFND | 1 | 0 | 48071 | 0 |
| LABORATORY CORP AMER HLDGS | Common Stock | 50540R409 |  | 5705209 | 24228 | SH |  | DFND | 1 | 0 | 24228 | 0 |
| LAUDER ESTEE COS INC | Common Stock | 518439104 |  | 5043332 | 20327 | SH |  | DFND | 1 | 0 | 20327 | 0 |
| LITTELFUSE INC | Common Stock | 537008104 |  | 15193800 | 69000 | SH |  | DFND | 1 | 0 | 69000 | 0 |
| LULULEMON ATHLETICA INC | Common Stock | 550021109 |  | 5093081 | 15897 | SH |  | DFND | 1 | 0 | 15897 | 0 |
| MASCO CORP | Common Stock | 574599106 |  | 7327983 | 157017 | SH |  | DFND | 1 | 0 | 157017 | 0 |
| MATCH GROUP INC NEW | Common Stock | 57667L107 |  | 4688246 | 112997 | SH |  | DFND | 1 | 0 | 112997 | 0 |
| MEMBERSHIP COLLECTIVE GROUP | Common Stock | 586001109 |  | 1762258 | 471192 | SH |  | DFND | 1 | 0 | 471192 | 0 |
| MERCK  CO INC | Common Stock | 58933Y105 |  | 6750198 | 60840 | SH |  | DFND | 1 | 0 | 60840 | 0 |
| METTLER TOLEDO INTERNATIONAL | Common Stock | 592688105 |  | 12183698 | 8429 | SH |  | DFND | 1 | 0 | 8429 | 0 |
| MICROSOFT CORP | Common Stock | 594918104 |  | 7053826 | 29413 | SH |  | DFND | 1 | 0 | 29413 | 0 |
| MSA SAFETY INC | Common Stock | 553498106 |  | 25954200 | 180000 | SH |  | DFND | 1 | 0 | 180000 | 0 |
| MSCI INC | Common Stock | 55354G100 |  | 8577270 | 18439 | SH |  | DFND | 1 | 0 | 18439 | 0 |
| NASDAQ INC | Common Stock | 631103108 |  | 8109120 | 132178 | SH |  | DFND | 1 | 0 | 132178 | 0 |
| NATERA INC | Common Stock | 632307104 |  | 3322300 | 82706 | SH |  | DFND | 1 | 0 | 82706 | 0 |
| NETFLIX INC | Common Stock | 64110L106 |  | 3959944 | 13429 | SH |  | DFND | 1 | 0 | 13429 | 0 |
| NEW YORK TIMES CO | Common Stock | 650111107 |  | 5038668 | 155227 | SH |  | DFND | 1 | 0 | 155227 | 0 |
| NIKE INC | Common Stock | 654106103 |  | 3493451 | 29856 | SH |  | DFND | 1 | 0 | 29856 | 0 |
| NVIDIA CORPORATION | Common Stock | 67066G104 |  | 15636542 | 106997 | SH |  | DFND | 1 | 0 | 106997 | 0 |
| OKTA INC | Common Stock | 679295105 |  | 10864470 | 159000 | SH |  | DFND | 1 | 0 | 159000 | 0 |
| OMNICELL COM | Common Stock | 68213N109 |  | 7281858 | 144424 | SH |  | DFND | 1 | 0 | 144424 | 0 |
| ON SEMICONDUCTOR CORP | Common Stock | 682189105 |  | 12135767 | 194577 | SH |  | DFND | 1 | 0 | 194577 | 0 |
| PALO ALTO NETWORKS INC | Common Stock | 697435105 |  | 22465940 | 161000 | SH |  | DFND | 1 | 0 | 161000 | 0 |
| PAYCOM SOFTWARE INC | Common Stock | 70432V102 |  | 5536551 | 17842 | SH |  | DFND | 1 | 0 | 17842 | 0 |
| PAYPAL HLDGS INC | Common Stock | 70450Y103 |  | 6338580 | 89000 | SH |  | DFND | 1 | 0 | 89000 | 0 |
| PLANET FITNESS INC | Common Stock | 72703H101 |  | 13093487 | 166161 | SH |  | DFND | 1 | 0 | 166161 | 0 |
| POOL CORP | Common Stock | 73278L105 |  | 5268705 | 17427 | SH |  | DFND | 1 | 0 | 17427 | 0 |
| PRIMO WATER CORPORATION | Common Stock | 74167P108 |  | 6813389 | 438442 | SH |  | DFND | 1 | 0 | 438442 | 0 |
| PROCTER AND GAMBLE CO | Common Stock | 742718109 |  | 4867501 | 32116 | SH |  | DFND | 1 | 0 | 32116 | 0 |
| PTC INC | Common Stock | 69370C100 |  | 16315117 | 135914 | SH |  | DFND | 1 | 0 | 135914 | 0 |
| Q2 HLDGS INC | Common Stock | 74736L109 |  | 6851850 | 255000 | SH |  | DFND | 1 | 0 | 255000 | 0 |
| RAPID7 INC | Common Stock | 753422104 |  | 8834800 | 260000 | SH |  | DFND | 1 | 0 | 260000 | 0 |
| ROCKWELL AUTOMATION INC | Common Stock | 773903109 |  | 11630316 | 45154 | SH |  | DFND | 1 | 0 | 45154 | 0 |
| ROLLINS INC | Common Stock | 775711104 |  | 17575740 | 481000 | SH |  | DFND | 1 | 0 | 481000 | 0 |
| ROPER TECHNOLOGIES INC | Common Stock | 776696106 |  | 11720009 | 27124 | SH |  | DFND | 1 | 0 | 27124 | 0 |
| SALESFORCE INC | Common Stock | 79466L302 |  | 13144442 | 99136 | SH |  | DFND | 1 | 0 | 99136 | 0 |
| SERVICENOW INC | Common Stock | 81762P102 |  | 34116508 | 87868 | SH |  | DFND | 1 | 0 | 87868 | 0 |
| SJW GROUP | Common Stock | 784305104 |  | 5865653 | 72246 | SH |  | DFND | 1 | 0 | 72246 | 0 |
| SMITH A O CORP | Common Stock | 831865209 |  | 8671860 | 151500 | SH |  | DFND | 1 | 0 | 151500 | 0 |
| SNOWFLAKE INC | Common Stock | 833445109 |  | 15420933 | 107433 | SH |  | DFND | 1 | 0 | 107433 | 0 |
| SPLUNK INC | Common Stock | 848637104 |  | 38949354 | 452426 | SH |  | DFND | 1 | 0 | 452426 | 0 |
| SPROUTS FMRS MKT INC | Common Stock | 85208M102 |  | 5759594 | 177930 | SH |  | DFND | 1 | 0 | 177930 | 0 |
| SPS COMM INC | Common Stock | 78463M107 |  | 11054869 | 86077 | SH |  | DFND | 1 | 0 | 86077 | 0 |
| STANTEC INC | Common Stock | 85472N109 |  | 12524412 | 261559 | SH |  | DFND | 1 | 0 | 261559 | 0 |
| STERICYCLE INC | Common Stock | 858912108 |  | 2245050 | 45000 | SH |  | DFND | 1 | 0 | 45000 | 0 |
| SYNOPSYS INC | Common Stock | 871607107 |  | 31975616 | 100146 | SH |  | DFND | 1 | 0 | 100146 | 0 |
| T-MOBILE US INC | Common Stock | 872590104 |  | 7780360 | 55574 | SH |  | DFND | 1 | 0 | 55574 | 0 |
| TERADYNE INC | Common Stock | 880770102 |  | 9151135 | 104764 | SH |  | DFND | 1 | 0 | 104764 | 0 |
| TETRA TECH INC NEW | Common Stock | 88162G103 |  | 5989088 | 41250 | SH |  | DFND | 1 | 0 | 41250 | 0 |
| THERMO FISHER SCIENTIFIC INC | Common Stock | 883556102 |  | 47760793 | 86729 | SH |  | DFND | 1 | 0 | 86729 | 0 |
| TOPGOLF CALLAWAY BRANDS CORP | Common Stock | 131193104 |  | 4567291 | 233144 | SH |  | DFND | 1 | 0 | 233144 | 0 |
| TORO CO | Common Stock | 891092108 |  | 7977544 | 70473 | SH |  | DFND | 1 | 0 | 70473 | 0 |
| TRACTOR SUPPLY CO | Common Stock | 892356106 |  | 6061592 | 26944 | SH |  | DFND | 1 | 0 | 26944 | 0 |
| TRANSUNION | Common Stock | 89400J107 |  | 8285500 | 146000 | SH |  | DFND | 1 | 0 | 146000 | 0 |
| TYLER TECHNOLOGIES INC | Common Stock | 902252105 |  | 8044774 | 24952 | SH |  | DFND | 1 | 0 | 24952 | 0 |
| UNITEDHEALTH GROUP INC | Common Stock | 91324P102 |  | 5317705 | 10030 | SH |  | DFND | 1 | 0 | 10030 | 0 |
| VAIL RESORTS INC | Common Stock | 91879Q109 |  | 9252985 | 38821 | SH |  | DFND | 1 | 0 | 38821 | 0 |
| VARONIS SYS INC | Common Stock | 922280102 |  | 15177960 | 634000 | SH |  | DFND | 1 | 0 | 634000 | 0 |
| VISA INC | Common Stock | 92826C839 |  | 14682399 | 70670 | SH |  | DFND | 1 | 0 | 70670 | 0 |
| WABTEC | Common Stock | 929740108 |  | 21359340 | 214000 | SH |  | DFND | 1 | 0 | 214000 | 0 |
| WALGREENS BOOTS ALLIANCE INC | Common Stock | 931427108 |  | 4588256 | 122812 | SH |  | DFND | 1 | 0 | 122812 | 0 |
| WASTE CONNECTIONS INC | Common Stock | 94106B101 |  | 12058851 | 90969 | SH |  | DFND | 1 | 0 | 90969 | 0 |
| WASTE MGMT INC DEL | Common Stock | 94106L109 |  | 9071115 | 57822 | SH |  | DFND | 1 | 0 | 57822 | 0 |
| XYLEM INC | Common Stock | 98419M100 |  | 10839067 | 98029 | SH |  | DFND | 1 | 0 | 98029 | 0 |
| YETI HLDGS INC | Common Stock | 98585X104 |  | 3678738 | 89052 | SH |  | DFND | 1 | 0 | 89052 | 0 |
| ZEBRA TECHNOLOGIES CORPORATI | Common Stock | 989207105 |  | 10256400 | 40000 | SH |  | DFND | 1 | 0 | 40000 | 0 |
| ZOETIS INC | Common Stock | 98978V103 |  | 4844796 | 33059 | SH |  | DFND | 1 | 0 | 33059 | 0 |
| ZSCALER INC | Common Stock | 98980G102 |  | 8280600 | 74000 | SH |  | DFND | 1 | 0 | 74000 | 0 |
| ZURN ELKAY WATER SOLNS CORP | Common Stock | 98983L108 |  | 6583509 | 311277 | SH |  | DFND | 1 | 0 | 311277 | 0 |
| ALCON AG | Common Stock | H01301128 |  | 3972335 | 57948 | SH |  | DFND | 1 | 0 | 57948 | 0 |
| APTIV PLC | Common Stock | G6095L109 |  | 27651600 | 296914 | SH |  | DFND | 1 | 134914 | 162000 | 0 |
| CLARIVATE PLC | Common Stock | G21810109 |  | 9993113 | 1198215 | SH |  | DFND | 1 | 774818 | 423397 | 0 |
| CYBERARK SOFTWARE LTD | Common Stock | M2682V108 |  | 9075500 | 70000 | SH |  | DFND | 1 | 0 | 70000 | 0 |
| FERGUSON PLC NEW | Common Stock | G3421J106 |  | 11425395 | 89985 | SH |  | DFND | 1 | 89985 | 0 | 0 |
| GARMIN LTD | Common Stock | H2906T109 |  | 10921414 | 118338 | SH |  | DFND | 1 | 86883 | 31455 | 0 |
| JOHNSON CTLS INTL PLC | Common Stock | G51502105 |  | 45082048 | 704407 | SH |  | DFND | 1 | 440057 | 264350 | 0 |
| MEDTRONIC PLC | Common Stock | G5960L103 |  | 27980365 | 360015 | SH |  | DFND | 1 | 315056 | 44959 | 0 |
| NVENT ELECTRIC PLC | Common Stock | G6700G107 |  | 32229665 | 837787 | SH |  | DFND | 1 | 310787 | 527000 | 0 |
| PENTAIR PLC | Common Stock | G7S00T104 |  | 8174530 | 181737 | SH |  | DFND | 1 | 0 | 181737 | 0 |
| STERIS PLC | Common Stock | G8473T100 |  | 37165538 | 201232 | SH |  | DFND | 1 | 95232 | 106000 | 0 |
| TE CONNECTIVITY LTD | Common Stock | H84989104 |  | 10789018 | 93981 | SH |  | DFND | 1 | 0 | 93981 | 0 |

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