# EDGAR Filing Document

**Accession Number:** 0001556218
**File Stem:** 0000929638-26-000624
**Filing Date:** 2026-2
**Character Count:** 30916
**Document Hash:** d7e11ce8021ca6795a91fa4e03317952
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-26-000624.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0000929638-26-000624

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bollard Group LLC
- **CENTRAL INDEX KEY:** 0001556218

**ORGANIZATION NAME:**
- **EIN:** 043450484
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15049
- **FILM NUMBER:** 26631949

**BUSINESS ADDRESS:**
- **STREET 1:** ONE JOY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108
- **BUSINESS PHONE:** 617-720-5800

**MAIL ADDRESS:**
- **STREET 1:** ONE JOY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Bollard Group LLC<br>**Address:** ONE JOY STREET<br>BOSTON, MA 02108

**Form 13F File Number:** 028-15049

**CRD Number (if applicable):** 000155317

**SEC File Number (if applicable):** 801-72749

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:** Anastasios Parafestas<br>**Title:** Managing Member and Chief Executive Officer<br>**Phone:** 617-720-5800

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

/s/ Anastasios Parafestas  Boston, MA  02-13-2026<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:** 1

**Form 13F Information Table Entry Total:** 291

**Form 13F Information Table Value Total:** $4001300

      (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   |
|:---|:---|:---|
|  | Parafestas Anastasios | 028-15050              |

### 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 |  | 1316 | 8221 | SH |  | DFND |  | 0 | 3946 | 4275 |
| ABBOTT LABS | COM | 002824100 |  | 8591 | 68567 | SH |  | DFND |  | 0 | 34392 | 34175 |
| ABBVIE INC | COM | 00287Y109 |  | 498 | 2179 | SH |  | DFND |  | 0 | 2042 | 137 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 2726 | 10160 | SH |  | DFND |  | 0 | 10160 | 0 |
| ACLARIS THERAPEUTICS INC | COM | 00461U105 |  | 2421 | 804445 | SH |  | DFND |  | 0 | 804445 | 0 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 66 | 1676 | SH |  | DFND |  | 0 | 0 | 1676 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 341 | 1593 | SH |  | DFND |  | 0 | 0 | 1593 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 393 | 2737 | SH |  | DFND |  | 0 | 0 | 2737 |
| AFLAC INC | COM | 001055102 |  | 551 | 5000 | SH |  | DFND |  | 0 | 0 | 5000 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 590 | 2390 | SH |  | DFND |  | 0 | 2390 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 284 | 1937 | SH |  | DFND |  | 0 | 0 | 1937 |
| ALLSTATE CORP | COM | 020002101 |  | 4203 | 20191 | SH |  | DFND |  | 0 | 18629 | 1562 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 10714 | 34231 | SH |  | DFND |  | 0 | 10841 | 23390 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 133357 | 424972 | SH |  | DFND |  | 0 | 330451 | 94521 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 2048 | 43546 | SH |  | DFND |  | 0 | 6281 | 37264 |
| ALTA EQUIPMENT GROUP INC | COMMON STOCK | 02128L106 |  | 3 | 602 | SH |  | DFND |  | 0 | 0 | 602 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2859 | 49579 | SH |  | DFND |  | 0 | 26166 | 23413 |
| AMAZON COM INC | COM | 023135106 |  | 172813 | 748693 | SH |  | DFND |  | 0 | 655001 | 93692 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 45397 | 393690 | SH |  | DFND |  | 0 | 216837 | 176853 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 320 | 864 | SH |  | DFND |  | 0 | 0 | 864 |
| AMGEN INC | COM | 031162100 |  | 1296 | 3961 | SH |  | DFND |  | 0 | 0 | 3961 |
| ANGI INC | CL A NEW | 00183L201 |  | 1 | 88 | SH |  | DFND |  | 0 | 0 | 88 |
| APPLE INC | COM | 037833100 |  | 16627 | 61157 | SH |  | DFND |  | 0 | 24416 | 36741 |
| APPLIED MATLS INC | COM | 038222105 |  | 375 | 1458 | SH |  | DFND |  | 0 | 0 | 1458 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 25 | 442 | SH |  | DFND |  | 0 | 0 | 442 |
| ASHLAND INC | COM | 044186104 |  | 13 | 226 | SH |  | DFND |  | 0 | 0 | 226 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 187 | 175 | SH |  | DFND |  | 0 | 0 | 175 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 51 | 554 | SH |  | DFND |  | 0 | 0 | 554 |
| AT INC | COM | 00206R102 |  | 5382 | 216684 | SH |  | DFND |  | 0 | 84076 | 132609 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 20 | 79 | SH |  | DFND |  | 0 | 0 | 79 |
| AUTOZONE INC | COM | 053332102 |  | 271 | 80 | SH |  | DFND |  | 0 | 0 | 80 |
| BANK AMERICA CORP | COM | 060505104 |  | 9530 | 173280 | SH |  | DFND |  | 0 | 75060 | 98221 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 88 | 760 | SH |  | DFND |  | 0 | 0 | 760 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 68 | 916 | SH |  | DFND |  | 0 | 0 | 916 |
| BCE INC | COM NEW | 05534B760 |  | 189 | 7953 | SH |  | DFND |  | 0 | 5656 | 2296 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 220 | 1131 | SH |  | DFND |  | 0 | 0 | 1131 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 332 | 660 | SH |  | DFND |  | 0 | 0 | 660 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 503 | 8324 | SH |  | DFND |  | 0 | 2861 | 5463 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 128 | 1418 | SH |  | DFND |  | 0 | 0 | 1418 |
| BLACK HILLS CORP | COM | 092113109 |  | 1891 | 27241 | SH |  | DFND |  | 0 | 11125 | 16116 |
| BOEING CO | COM | 097023105 |  | 284 | 1310 | SH |  | DFND |  | 0 | 0 | 1310 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1811695 | 19000469 | SH |  | DFND |  | 0 | 18994869 | 5600 |
| BP PLC | SPONSORED ADR | 055622104 |  | 12406 | 357211 | SH |  | DFND |  | 0 | 308390 | 48820 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 6812 | 126294 | SH |  | DFND |  | 0 | 106999 | 19295 |
| BROADCOM INC | COM | 11135F101 |  | 210 | 607 | SH |  | DFND |  | 0 | 0 | 607 |
| BRUNSWICK CORP | COM | 117043109 |  | 51 | 689 | SH |  | DFND |  | 0 | 0 | 689 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 0 | 2 | SH |  | DFND |  | 0 | 0 | 2 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 319 | 4329 | SH |  | DFND |  | 0 | 4329 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 1186 | 22450 | SH |  | DFND |  | 0 | 20117 | 2334 |
| CARTERS INC | COM | 146229109 |  | 14 | 424 | SH |  | DFND |  | 0 | 0 | 424 |
| CATERPILLAR INC | COM | 149123101 |  | 114855 | 200490 | SH |  | DFND |  | 0 | 144239 | 56251 |
| CELESTICA INC | COM | 15101Q207 |  | 207 | 700 | SH |  | DFND |  | 0 | 0 | 700 |
| CENCORA INC | COM | 03073E105 |  | 756 | 2238 | SH |  | DFND |  | 0 | 0 | 2238 |
| CHEVRON CORP NEW | COM | 166764100 |  | 19938 | 130820 | SH |  | DFND |  | 0 | 85291 | 45529 |
| CHUBB LIMITED | COM | H1467J104 |  | 418 | 1340 | SH |  | DFND |  | 0 | 1340 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 497 | 3040 | SH |  | DFND |  | 0 | 68 | 2973 |
| CISCO SYS INC | COM | 17275R102 |  | 472 | 6125 | SH |  | DFND |  | 0 | 0 | 6125 |
| CITIGROUP INC | COM NEW | 172967424 |  | 112 | 963 | SH |  | DFND |  | 0 | 0 | 963 |
| CLOROX CO DEL | COM | 189054109 |  | 1329 | 13185 | SH |  | DFND |  | 0 | 12213 | 972 |
| CMS ENERGY CORP | COM | 125896100 |  | 219 | 3134 | SH |  | DFND |  | 0 | 0 | 3134 |
| COCA COLA CO | COM | 191216100 |  | 15920 | 227716 | SH |  | DFND |  | 0 | 103233 | 124483 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 226 | 1000 | SH |  | DFND |  | 0 | 1000 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2983 | 37753 | SH |  | DFND |  | 0 | 15647 | 22106 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1112 | 37202 | SH |  | DFND |  | 0 | 35985 | 1217 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 23 | 329 | SH |  | DFND |  | 0 | 0 | 329 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 13240 | 141435 | SH |  | DFND |  | 0 | 94792 | 46643 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 2214 | 22290 | SH |  | DFND |  | 0 | 7587 | 14703 |
| CORTEVA INC | COM | 22052L104 |  | 339 | 5061 | SH |  | DFND |  | 0 | 1507 | 3554 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3415 | 3960 | SH |  | DFND |  | 0 | 1559 | 2401 |
| CVS HEALTH CORP | COM | 126650100 |  | 1388 | 17496 | SH |  | DFND |  | 0 | 16492 | 1004 |
| DANAHER CORPORATION | COM | 235851102 |  | 896 | 3912 | SH |  | DFND |  | 0 | 0 | 3912 |
| DATADOG INC | CL A COM | 23804L103 |  | 109 | 803 | SH |  | DFND |  | 0 | 0 | 803 |
| DEERE  CO | COM | 244199105 |  | 23422 | 50308 | SH |  | DFND |  | 0 | 33925 | 16384 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 230 | 6282 | SH |  | DFND |  | 0 | 2837 | 3445 |
| DISNEY WALT CO | COM | 254687106 |  | 8 | 72 | SH |  | DFND |  | 0 | 0 | 72 |
| DOUGLAS DYNAMICS INC | COM | 25960R105 |  | 30 | 922 | SH |  | DFND |  | 0 | 0 | 922 |
| DOUGLAS EMMETT INC | COM | 25960P109 |  | 40 | 3672 | SH |  | DFND |  | 0 | 3672 | 0 |
| DOW INC | COM | 260557103 |  | 28 | 1216 | SH |  | DFND |  | 0 | 529 | 686 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 2048 | 59417 | SH |  | DFND |  | 0 | 0 | 59417 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 21919 | 187007 | SH |  | DFND |  | 0 | 111570 | 75437 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 38 | 944 | SH |  | DFND |  | 0 | 0 | 944 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 35 | 198 | SH |  | DFND |  | 0 | 0 | 198 |
| ECOLAB INC | COM | 278865100 |  | 790 | 3009 | SH |  | DFND |  | 0 | 0 | 3009 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 14 | 621 | SH |  | DFND |  | 0 | 621 | 0 |
| ELI LILLY  CO | Option | 532457900 |  | 1838 | 5500 | SH | Call | DFND |  | 0 | 200 | 5300 |
| ELI LILLY  CO | COM | 532457108 |  | 213024 | 198220 | SH |  | DFND |  | 0 | 110969 | 87251 |
| EMERSON ELEC CO | COM | 291011104 |  | 23990 | 180762 | SH |  | DFND |  | 0 | 85104 | 95657 |
| ENBRIDGE INC | COM | 29250N105 |  | 9539 | 199448 | SH |  | DFND |  | 0 | 66479 | 132969 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 13372 | 810912 | SH |  | DFND |  | 0 | 683125 | 127786 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 52103 | 1625178 | SH |  | DFND |  | 0 | 1151627 | 473551 |
| EOG RES INC | COM | 26875P101 |  | 1189 | 11322 | SH |  | DFND |  | 0 | 6029 | 5293 |
| EQT CORP | COM | 26884L109 |  | 542 | 10120 | SH |  | DFND |  | 0 | 0 | 10120 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 1498 | 22249 | SH |  | DFND |  | 0 | 5856 | 16393 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 102 | 1000 | SH |  | DFND |  | 0 | 0 | 1000 |
| EXELON CORP | COM | 30161N101 |  | 465 | 10671 | SH |  | DFND |  | 0 | 718 | 9953 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3708 | 30813 | SH |  | DFND |  | 0 | 27021 | 3792 |
| FARMLAND PARTNERS INC | COM | 31154R109 |  | 6 | 657 | SH |  | DFND |  | 0 | 0 | 657 |
| FEDEX CORP | COM | 31428X106 |  | 990 | 3427 | SH |  | DFND |  | 0 | 2322 | 1105 |
| FIRSTENERGY CORP | COM | 337932107 |  | 9598 | 214385 | SH |  | DFND |  | 0 | 105923 | 108462 |
| FLUOR CORP NEW | COM | 343412102 |  | 2 | 45 | SH |  | DFND |  | 0 | 0 | 45 |
| FORTIS INC | COM | 349553107 |  | 7534 | 149996 | SH |  | DFND |  | 0 | 108760 | 41236 |
| FORTIVE CORP | COM | 34959J108 |  | 0 | 3 | SH |  | DFND |  | 0 | 0 | 3 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 3053 | 11799 | SH |  | DFND |  | 0 | 1990 | 9809 |
| GAP INC | COM | 364760108 |  | 25 | 981 | SH |  | DFND |  | 0 | 0 | 981 |
| GARTNER INC | COM | 366651107 |  | 68051 | 269744 | SH |  | DFND |  | 0 | 238546 | 31198 |
| GE AEROSPACE | COM NEW | 369604301 |  | 489 | 1589 | SH |  | DFND |  | 0 | 0 | 1589 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 11 | 129 | SH |  | DFND |  | 0 | 0 | 129 |
| GE VERNOVA INC | COM | 36828A101 |  | 265 | 405 | SH |  | DFND |  | 0 | 0 | 405 |
| GENERAC HLDGS INC | COM | 368736104 |  | 82 | 600 | SH |  | DFND |  | 0 | 600 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 172 | 3700 | SH |  | DFND |  | 0 | 3392 | 308 |
| GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 |  | 486 | 44140 | SH |  | DFND |  | 0 | 0 | 44140 |
| GENUINE PARTS CO | COM | 372460105 |  | 3581 | 29120 | SH |  | DFND |  | 0 | 24857 | 4263 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 |  | 69 | 1573 | SH |  | DFND |  | 0 | 0 | 1573 |
| GLOBAL X FDS | GLB X MLP ENRG I | 37954Y293 |  | 2819 | 46579 | SH |  | DFND |  | 0 | 46579 | 0 |
| GOLDMAN SACHS ETF TR | ENHANCED US EQTY | 38149W424 |  | 347 | 8577 | SH |  | DFND |  | 0 | 0 | 8577 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 10288 | 11705 | SH |  | DFND |  | 0 | 10516 | 1189 |
| HALEON PLC | SPON ADS | 405552100 |  | 235 | 23277 | SH |  | DFND |  | 0 | 0 | 23277 |
| HALLIBURTON CO | COM | 406216101 |  | 46 | 1645 | SH |  | DFND |  | 0 | 0 | 1645 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 73 | 4525 | SH |  | DFND |  | 0 | 0 | 4525 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 4 | 185 | SH |  | DFND |  | 0 | 0 | 185 |
| HOME DEPOT INC | COM | 437076102 |  | 1927 | 5601 | SH |  | DFND |  | 0 | 5259 | 341 |
| HONEYWELL INTL INC | COM | 438516106 |  | 3486 | 17871 | SH |  | DFND |  | 0 | 10278 | 7593 |
| HP INC | COM | 40434L105 |  | 4 | 197 | SH |  | DFND |  | 0 | 0 | 197 |
| IAC INC | COM NEW | 44891N208 |  | 7 | 169 | SH |  | DFND |  | 0 | 0 | 169 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 208 | 6978 | SH |  | DFND |  | 0 | 0 | 6978 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 140 | 567 | SH |  | DFND |  | 0 | 0 | 567 |
| INDEPENDENT BK CORP MASS | COM | 453836108 |  | 266 | 3635 | SH |  | DFND |  | 0 | 0 | 3635 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 81 | 1702 | SH |  | DFND |  | 0 | 0 | 1702 |
| INTEL CORP | COM | 458140100 |  | 228 | 6190 | SH |  | DFND |  | 0 | 2703 | 3487 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 283 | 1749 | SH |  | DFND |  | 0 | 0 | 1749 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 237 | 800 | SH |  | DFND |  | 0 | 0 | 800 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 161 | 284 | SH |  | DFND |  | 0 | 0 | 284 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 6384 | 10393 | SH |  | DFND |  | 0 | 3931 | 6462 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 205 | 911 | SH |  | DFND |  | 0 | 0 | 911 |
| ISHARES INC | MSCI JAPAN ETF | 46434G822 |  | 11 | 139 | SH |  | DFND |  | 0 | 0 | 139 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 464 | 4776 | SH |  | DFND |  | 0 | 0 | 4776 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 828 | 6410 | SH |  | DFND |  | 0 | 0 | 6410 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 56 | 334 | SH |  | DFND |  | 0 | 0 | 334 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 5 | 17 | SH |  | DFND |  | 0 | 12 | 5 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 24 | 246 | SH |  | DFND |  | 0 | 0 | 246 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 1246 | 3336 | SH |  | DFND |  | 0 | 0 | 3336 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 5846 | 12352 | SH |  | DFND |  | 0 | 0 | 12352 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 228 | 2367 | SH |  | DFND |  | 0 | 0 | 2367 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 104 | 424 | SH |  | DFND |  | 0 | 0 | 424 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10334 | 49933 | SH |  | DFND |  | 0 | 4304 | 45629 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 1253 | 10461 | SH |  | DFND |  | 0 | 5134 | 5328 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 41044 | 127379 | SH |  | DFND |  | 0 | 80764 | 46615 |
| KAISER ALUMINUM CORP | COM PAR $0.01 | 483007704 |  | 66 | 577 | SH |  | DFND |  | 0 | 0 | 577 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 4 | 141 | SH |  | DFND |  | 0 | 0 | 141 |
| KEYCORP | COM | 493267108 |  | 59 | 2870 | SH |  | DFND |  | 0 | 0 | 2870 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 196 | 964 | SH |  | DFND |  | 0 | 0 | 964 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 922 | 9134 | SH |  | DFND |  | 0 | 3462 | 5672 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 19436 | 707032 | SH |  | DFND |  | 0 | 299951 | 407082 |
| KKR  CO INC | COM | 48251W104 |  | 35812 | 280919 | SH |  | DFND |  | 0 | 280919 | 0 |
| KROGER CO | COM | 501044101 |  | 669 | 10702 | SH |  | DFND |  | 0 | 0 | 10702 |
| KT CORP | SPONSORED ADR | 48268K101 |  | 205 | 10803 | SH |  | DFND |  | 0 | 0 | 10803 |
| LA Z BOY INC | COM | 505336107 |  | 0 | 12 | SH |  | DFND |  | 0 | 0 | 12 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 2007 | 4150 | SH |  | DFND |  | 0 | 4150 | 0 |
| LOWES COS INC | COM | 548661107 |  | 7402 | 30695 | SH |  | DFND |  | 0 | 16945 | 13750 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 |  | 31297 | 121000 | SH |  | DFND |  | 0 | 121000 | 0 |
| MAGNUM ICE CREAM CO NV | ORD SHS | N5505D105 |  | 56 | 3513 | SH |  | DFND |  | 0 | 701 | 2812 |
| MARATHON PETE CORP | COM | 56585A102 |  | 464 | 2851 | SH |  | DFND |  | 0 | 2434 | 417 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1183 | 3812 | SH |  | DFND |  | 0 | 0 | 3812 |
| MASCO CORP | COM | 574599106 |  | 2804 | 44189 | SH |  | DFND |  | 0 | 42264 | 1926 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 1699 | 52606 | SH |  | DFND |  | 0 | 51787 | 818 |
| MCDONALDS CORP | COM | 580135101 |  | 680 | 2224 | SH |  | DFND |  | 0 | 0 | 2224 |
| MCKESSON CORP | COM | 58155Q103 |  | 71 | 87 | SH |  | DFND |  | 0 | 0 | 87 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 402 | 4189 | SH |  | DFND |  | 0 | 1814 | 2375 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 117 | 58 | SH |  | DFND |  | 0 | 0 | 58 |
| MERCK  CO INC | COM | 58933Y105 |  | 13902 | 132074 | SH |  | DFND |  | 0 | 60204 | 71871 |
| META PLATFORMS INC | CL A | 30303M102 |  | 13133 | 19896 | SH |  | DFND |  | 0 | 8193 | 11703 |
| METHODE ELECTRS INC | COM | 591520200 |  | 11 | 1655 | SH |  | DFND |  | 0 | 0 | 1655 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 205 | 3222 | SH |  | DFND |  | 0 | 0 | 3222 |
| MICROSOFT CORP | COM | 594918104 |  | 140596 | 290716 | SH |  | DFND |  | 0 | 222450 | 68266 |
| MILLERKNOLL INC | COM | 600544100 |  | 11 | 628 | SH |  | DFND |  | 0 | 0 | 628 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1396 | 25925 | SH |  | DFND |  | 0 | 25383 | 542 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 38544 | 217117 | SH |  | DFND |  | 0 | 139764 | 77353 |
| MOSAIC CO NEW | COM | 61945C103 |  | 5 | 208 | SH |  | DFND |  | 0 | 0 | 208 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 427 | 1113 | SH |  | DFND |  | 0 | 0 | 1113 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 18862 | 353420 | SH |  | DFND |  | 0 | 133153 | 220267 |
| MYOMO INC | COM NEW | 62857J201 |  | 1 | 1570 | SH |  | DFND |  | 0 | 1570 | 0 |
| NASDAQ INC | COM | 631103108 |  | 7101 | 73109 | SH |  | DFND |  | 0 | 71609 | 1500 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 1776 | 22955 | SH |  | DFND |  | 0 | 7104 | 15851 |
| NEWMONT CORP | COM | 651639106 |  | 45 | 450 | SH |  | DFND |  | 0 | 0 | 450 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1806 | 22498 | SH |  | DFND |  | 0 | 3832 | 18665 |
| NIKE INC | CL B | 654106103 |  | 1 | 20 | SH |  | DFND |  | 0 | 0 | 20 |
| NISOURCE INC | COM | 65473P105 |  | 6330 | 151579 | SH |  | DFND |  | 0 | 94726 | 56853 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1057 | 3661 | SH |  | DFND |  | 0 | 3661 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 0 | 1 | SH |  | DFND |  | 0 | 1 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 4475 | 72500 | SH |  | DFND |  | 0 | 38362 | 34138 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 27300 | 146380 | SH |  | DFND |  | 0 | 81210 | 65170 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 85 | 2065 | SH |  | DFND |  | 0 | 1800 | 265 |
| OCCIDENTAL PETE CORP | *W EXP 08/03/202 | 674599162 |  | 4 | 216 | SH |  | DFND |  | 0 | 216 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 211 | 2616 | SH |  | DFND |  | 0 | 0 | 2616 |
| ONE GAS INC | COM | 68235P108 |  | 114 | 1479 | SH |  | DFND |  | 0 | 0 | 1479 |
| ONEOK INC NEW | COM | 682680103 |  | 46100 | 627215 | SH |  | DFND |  | 0 | 438631 | 188583 |
| ORACLE CORP | COM | 68389X105 |  | 3526 | 18089 | SH |  | DFND |  | 0 | 17815 | 274 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 1 | 184 | SH |  | DFND |  | 0 | 0 | 184 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 1073 | 12287 | SH |  | DFND |  | 0 | 10435 | 1852 |
| OXFORD INDS INC | COM | 691497309 |  | 22 | 644 | SH |  | DFND |  | 0 | 0 | 644 |
| PAYCHEX INC | COM | 704326107 |  | 1133 | 10100 | SH |  | DFND |  | 0 | 3454 | 6646 |
| PEPSICO INC | COM | 713448108 |  | 4420 | 30796 | SH |  | DFND |  | 0 | 29832 | 964 |
| PFIZER INC | COM | 717081103 |  | 3 | 124 | SH |  | DFND |  | 0 | 0 | 124 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 9759 | 60841 | SH |  | DFND |  | 0 | 21357 | 39484 |
| PHILLIPS 66 | COM | 718546104 |  | 14154 | 109684 | SH |  | DFND |  | 0 | 60679 | 49005 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 20281 | 1129254 | SH |  | DFND |  | 0 | 721120 | 408134 |
| PLEXUS CORP | COM | 729132100 |  | 35 | 240 | SH |  | DFND |  | 0 | 0 | 240 |
| POWER INTEGRATIONS INC | COM | 739276103 |  | 80 | 2242 | SH |  | DFND |  | 0 | 0 | 2242 |
| PPL CORP | COM | 69351T106 |  | 4677 | 133553 | SH |  | DFND |  | 0 | 39843 | 93710 |
| PRIME MEDICINE INC | COM | 74168J101 |  | 1253 | 361136 | SH |  | DFND |  | 0 | 361136 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1633 | 11394 | SH |  | DFND |  | 0 | 1372 | 10022 |
| PROLOGIS INC. | COM | 74340W103 |  | 7654 | 59957 | SH |  | DFND |  | 0 | 56113 | 3844 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 26210 | 326408 | SH |  | DFND |  | 0 | 199435 | 126973 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 |  | 38 | 471 | SH |  | DFND |  | 0 | 0 | 471 |
| RAYONIER INC | COM | 754907103 |  | 802 | 37042 | SH |  | DFND |  | 0 | 28654 | 8389 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 414 | 2035 | SH |  | DFND |  | 0 | 0 | 2035 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 244 | 1150 | SH |  | DFND |  | 0 | 0 | 1150 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 1 | 16 | SH |  | DFND |  | 0 | 0 | 16 |
| RESOURCES CONNECTION INC | COM | 76122Q105 |  | 1 | 179 | SH |  | DFND |  | 0 | 0 | 179 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 1567 | 19585 | SH |  | DFND |  | 0 | 5830 | 13755 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 6 | 147 | SH |  | DFND |  | 0 | 0 | 147 |
| RTX CORPORATION | COM | 75513E101 |  | 4408 | 24032 | SH |  | DFND |  | 0 | 20445 | 3587 |
| RUSH ENTERPRISES INC | CL A | 781846209 |  | 0 | 5 | SH |  | DFND |  | 0 | 0 | 5 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 |  | 88 | 1130 | SH |  | DFND |  | 0 | 0 | 1130 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 52 | 1164 | SH |  | DFND |  | 0 | 0 | 1164 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 219 | 3994 | SH |  | DFND |  | 0 | 0 | 3994 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 308 | 1991 | SH |  | DFND |  | 0 | 0 | 1991 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 111 | 717 | SH |  | DFND |  | 0 | 0 | 717 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 |  | 102 | 2253 | SH |  | DFND |  | 0 | 0 | 2253 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 |  | 25 | 627 | SH |  | DFND |  | 0 | 0 | 627 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 161 | 3764 | SH |  | DFND |  | 0 | 0 | 3764 |
| SERVICENOW INC | COM | 81762P102 |  | 83 | 540 | SH |  | DFND |  | 0 | 0 | 540 |
| SHELL PLC | SPON ADS | 780259305 |  | 2296 | 31244 | SH |  | DFND |  | 0 | 6493 | 24750 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 233 | 1448 | SH |  | DFND |  | 0 | 0 | 1448 |
| SLB LIMITED | COM STK | 806857108 |  | 160 | 4163 | SH |  | DFND |  | 0 | 4163 | 0 |
| SOLENO THERAPEUTICS INC | COM | 834203309 |  | 106 | 2288 | SH |  | DFND |  | 0 | 0 | 2288 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 245 | 5045 | SH |  | DFND |  | 0 | 3161 | 1884 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 130 | 1644 | SH |  | DFND |  | 0 | 1105 | 539 |
| SOUTH BOW CORP | COM | 83671M105 |  | 11 | 416 | SH |  | DFND |  | 0 | 0 | 416 |
| SOUTHERN CO | COM | 842587107 |  | 28082 | 322040 | SH |  | DFND |  | 0 | 186787 | 135253 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 108601 | 756187 | SH |  | DFND |  | 0 | 546902 | 209286 |
| SPDR S 500 ETF TR | Option | 78462F905 |  | 193499 | 1312290 | SH | Call | DFND |  | 0 | 776100 | 536190 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 546 | 800 | SH |  | DFND |  | 0 | 0 | 800 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 48 | 80 | SH |  | DFND |  | 0 | 0 | 80 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 41 | 634 | SH |  | DFND |  | 0 | 0 | 634 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 56 | 757 | SH |  | DFND |  | 0 | 0 | 757 |
| STRYKER CORPORATION | COM | 863667101 |  | 596 | 1697 | SH |  | DFND |  | 0 | 0 | 1697 |
| SYSCO CORP | COM | 871829107 |  | 90 | 1225 | SH |  | DFND |  | 0 | 0 | 1225 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 316 | 1039 | SH |  | DFND |  | 0 | 0 | 1039 |
| TARGA RES CORP | COM | 87612G101 |  | 226 | 1225 | SH |  | DFND |  | 0 | 0 | 1225 |
| TC ENERGY CORP | COM | 87807B107 |  | 115 | 2083 | SH |  | DFND |  | 0 | 0 | 2083 |
| TECTONIC THERAPEUTIC INC | COM | 878972108 |  | 6320 | 302953 | SH |  | DFND |  | 0 | 302953 | 0 |
| TESLA INC | COM | 88160R101 |  | 15560 | 34598 | SH |  | DFND |  | 0 | 19025 | 15573 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 35926 | 62000 | SH |  | DFND |  | 0 | 62000 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 5 | 100 | SH |  | DFND |  | 0 | 0 | 100 |
| TOPBUILD CORP | COM | 89055F103 |  | 27 | 64 | SH |  | DFND |  | 0 | 0 | 64 |
| TORTOISE CAPITAL SERIES TRUS | NORTH AMERN PIPE | 890930308 |  | 2430 | 68861 | SH |  | DFND |  | 0 | 68861 | 0 |
| TOTALENERGIES SE | ACT | F92124100 |  | 296 | 4540 | SH |  | DFND |  | 0 | 1000 | 3540 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 797 | 15936 | SH |  | DFND |  | 0 | 0 | 15936 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 54 | 138 | SH |  | DFND |  | 0 | 0 | 138 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 4540 | 55561 | SH |  | DFND |  | 0 | 11240 | 44321 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 1024 | 15655 | SH |  | DFND |  | 0 | 3129 | 12526 |
| UNION PAC CORP | COM | 907818108 |  | 5355 | 23152 | SH |  | DFND |  | 0 | 19314 | 3837 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 396 | 3993 | SH |  | DFND |  | 0 | 2419 | 1574 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 229 | 693 | SH |  | DFND |  | 0 | 1 | 692 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 7 | 954 | SH |  | DFND |  | 0 | 0 | 954 |
| US BANCORP DEL | COM NEW | 902973304 |  | 718 | 13447 | SH |  | DFND |  | 0 | 3497 | 9950 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 10157 | 62396 | SH |  | DFND |  | 0 | 52365 | 10031 |
| VALVOLINE INC | COM | 92047W101 |  | 18 | 611 | SH |  | DFND |  | 0 | 0 | 611 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 19 | 256 | SH |  | DFND |  | 0 | 0 | 256 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 11 | 126 | SH |  | DFND |  | 0 | 0 | 126 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 4248 | 6773 | SH |  | DFND |  | 0 | 3567 | 3206 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1128 | 3363 | SH |  | DFND |  | 0 | 0 | 3363 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 132 | 1794 | SH |  | DFND |  | 0 | 0 | 1794 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 94 | 1867 | SH |  | DFND |  | 0 | 0 | 1867 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 78 | 1241 | SH |  | DFND |  | 0 | 0 | 1241 |
| VERALTO CORP | COM SHS | 92338C103 |  | 64 | 640 | SH |  | DFND |  | 0 | 0 | 640 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2028 | 49801 | SH |  | DFND |  | 0 | 24362 | 25439 |
| VIATRIS INC | COM | 92556V106 |  | 0 | 30 | SH |  | DFND |  | 0 | 0 | 30 |
| VISA INC | COM CL A | 92826C839 |  | 9152 | 26098 | SH |  | DFND |  | 0 | 2365 | 23733 |
| VOR BIOPHARMA INC | COM NEW | 929033207 |  | 314 | 23987 | SH |  | DFND |  | 0 | 23987 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 234 | 822 | SH |  | DFND |  | 0 | 0 | 822 |
| WABTEC | COM | 929740108 |  | 4 | 20 | SH |  | DFND |  | 0 | 0 | 20 |
| WALMART INC | COM | 931142103 |  | 31714 | 284657 | SH |  | DFND |  | 0 | 188418 | 96240 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 65 | 298 | SH |  | DFND |  | 0 | 0 | 298 |
| WELLTOWER INC | COM | 95040Q104 |  | 182 | 979 | SH |  | DFND |  | 0 | 979 | 0 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 627 | 15881 | SH |  | DFND |  | 0 | 0 | 15881 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 446 | 18839 | SH |  | DFND |  | 0 | 18441 | 398 |
| WILLIAMS COS INC | COM | 969457100 |  | 3379 | 56217 | SH |  | DFND |  | 0 | 5782 | 50434 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 258 | 785 | SH |  | DFND |  | 0 | 0 | 785 |
| WW GRAINGER INC | COM | 384802104 |  | 683 | 677 | SH |  | DFND |  | 0 | 0 | 677 |

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