ING Groep (ING) 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	9,959,642	97,462	SH		DFND		97,462	0	0
ABBOTT LABS	COM	002824100	44,659,998	429,795	SH		DFND		429,795	0	0
ABBVIE INC	COM	00287Y109	73,984,466	431,346	SH		DFND		431,346	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	124,541,613	410,473	SH		DFND		410,473	0	0
ADOBE INC	COM	00724F101	91,071,339	163,933	SH		DFND		163,933	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	96,535,226	595,125	SH		DFND		595,125	0	0
AECOM	COM	00766T100	951,912	10,800	SH		DFND		10,800	0	0
AFLAC INC	COM	001055102	5,711,910	63,956	SH		DFND		63,956	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	5,111,829	39,434	SH		DFND		39,434	0	0
AIR PRODS & CHEMS INC	COM	009158106	77,521,833	300,414	SH		DFND		300,414	0	0
AIRBNB INC	COM CL A	009066101	15,078,997	99,446	SH		DFND		99,446	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	1,206,351	13,392	SH		DFND		13,392	0	0
ALBEMARLE CORP	COM	012653101	307,097	3,215	SH		DFND		3,215	0	0
ALBERTSONS COS INC	COMMON STOCK	013091103	20,830,325	1,054,700	SH		DFND		1,054,700	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	2,477,308	21,179	SH		DFND		21,179	0	0
ALIGN TECHNOLOGY INC	COM	016255101	2,274,512	9,421	SH		DFND		9,421	0	0
ALLEGION PLC	ORD SHS	G0176J109	5,797,148	49,066	SH		DFND		49,066	0	0
ALPHABET INC	CAP STK CL A	02079K305	551,737,086	3,029,026	SH		DFND		3,029,026	0	0
ALPHABET INC	CAP STK CL C	02079K107	275,983,086	1,504,651	SH		DFND		1,504,651	0	0
ALTRIA GROUP INC	COM	02209S103	10,532,435	231,228	SH		DFND		231,228	0	0
AMAZON COM INC	COM	023135106	589,682,470	3,051,397	SH		DFND		3,051,397	0	0
AMCOR PLC	ORD	G0250X107	18,821,277	1,924,466	SH		DFND		1,924,466	0	0
AMEDISYS INC	COM	023436108	20,407,140	222,300	SH		DFND		222,300	0	0
AMERICAN ELEC PWR CO INC	COM	025537101	7,505,367	85,541	SH		DFND		85,541	0	0
AMERICAN EXPRESS CO	COM	025816109	9,189,062	39,685	SH		DFND		39,685	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	6,094,139	82,087	SH		DFND		82,087	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	11,827,245	60,846	SH		DFND		60,846	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	1,887,803	14,616	SH		DFND		14,616	0	0
AMERIPRISE FINL INC	COM	03076C106	5,248,029	12,285	SH		DFND		12,285	0	0
AMETEK INC	COM	031100100	7,309,733	43,847	SH		DFND		43,847	0	0
AMGEN INC	COM	031162100	94,960,741	303,923	SH		DFND		303,923	0	0
AMPHENOL CORP NEW	CL A	032095101	27,934,903	414,649	SH		DFND		414,649	0	0
ANALOG DEVICES INC	COM	032654105	69,238,106	303,330	SH		DFND		303,330	0	0
ANSYS INC	COM	03662Q105	38,793,476	120,664	SH		DFND		120,664	0	0
AON PLC	SHS CL A	G0403H108	555,747	1,893	SH		DFND		1,893	0	0
APA CORPORATION	COM	03743Q108	1,777,028	60,361	SH		DFND		60,361	0	0
APPLE INC	COM	037833100	1,318,544,175	6,260,299	SH		DFND		6,260,299	0	0
APPLIED MATLS INC	COM	038222105	84,953,096	359,986	SH		DFND		359,986	0	0
APTIV PLC	SHS	G6095L109	35,696,532	506,909	SH		DFND		506,909	0	0
ARAMARK	COM	03852U106	7,348,320	216,000	SH		DFND		216,000	0	0
ARCH CAP GROUP LTD	ORD	G0450A105	4,666,667	46,255	SH		DFND		46,255	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	29,507,640	488,133	SH		DFND		488,133	0	0
ARDAGH METAL PACKAGING S A	SHS	L02235106	5,970,400	1,756,000	SH		DFND		1,756,000	0	0
ARISTA NETWORKS INC	COM	040413106	25,078,596	71,555	SH		DFND		71,555	0	0
ARM HOLDINGS PLC	SPONSORED ADS	042068205	1,751,552	10,705	SH		DFND		10,705	0	0
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	8,440,591	8,253	SH		DFND		8,253	0	0
AT&T INC	COM	00206R102	48,365,958	2,530,924	SH		DFND		2,530,924	0	0
ATLASSIAN CORPORATION	CL A	049468101	5,986,504	33,845	SH		DFND		33,845	0	0
AUTODESK INC	COM	052769106	32,197,204	130,116	SH		DFND		130,116	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	29,423,555	123,271	SH		DFND		123,271	0	0
AUTOZONE INC	COM	053332102	9,864,525	3,328	SH		DFND		3,328	0	0
AVALONBAY CMNTYS INC	COM	053484101	3,953,047	19,107	SH		DFND		19,107	0	0
AVERY DENNISON CORP	COM	053611109	7,792,467	35,639	SH		DFND		35,639	0	0
AVIS BUDGET GROUP	COM	053774105	9,406,800	90,000	SH		DFND		90,000	0	0
AXON ENTERPRISE INC	COM	05464C101	4,132,895	14,046	SH		DFND		14,046	0	0
BAKER HUGHES COMPANY	CL A	05722G100	3,509,825	99,796	SH		DFND		99,796	0	0
BANCO BILBAO VIZCAYA ARGENTA	SPONSORED ADR	05946K101	4,864,550	485,000	SH		DFND		485,000	0	0
BANCO SANTANDER S.A.	ADR	05964H105	691,954	149,450	SH		DFND		149,450	0	0
BANK AMERICA CORP	COM	060505104	286,981,076	7,216,019	SH		DFND		7,216,019	0	0
BANK NEW YORK MELLON CORP	COM	064058100	4,141,334	69,149	SH		DFND		69,149	0	0
BARRICK GOLD CORP	COM	067901108	4,383,120	262,777	SH		DFND		262,777	0	0
BAUSCH HEALTH COS INC	COM	071734107	52,275,000	7,500,000	SH		DFND		7,500,000	0	0
BECTON DICKINSON & CO	COM	075887109	10,023,588	42,889	SH		DFND		42,889	0	0
BERKLEY W R CORP	COM	084423102	548,567	6,981	SH		DFND		6,981	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	56,158,333	138,049	SH		DFND		138,049	0	0
BIOGEN INC	COM	09062X103	5,701,613	24,595	SH		DFND		24,595	0	0
BLACK STONE MINERALS L P	COM UNIT	09225M101	9,662,122	616,600	SH		DFND		616,600	0	0
BLACKROCK INC	COM	09247X101	13,602,528	17,277	SH		DFND		17,277	0	0
BLACKSTONE INC	COM	09260D107	10,942,930	88,392	SH		DFND		88,392	0	0
BOOKING HOLDINGS INC	COM	09857L108	55,694,729	14,059	SH		DFND		14,059	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	8,541,450	55,500	SH		DFND		55,500	0	0
BOSTON BEER INC	CL A	100557107	1,067,675	3,500	SH		DFND		3,500	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	15,234,965	197,831	SH		DFND		197,831	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	6,707,137	161,501	SH		DFND		161,501	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	2,807,744	121,600	SH		DFND		121,600	0	0
BROADCOM INC	COM	11135F101	408,997,529	254,743	SH		DFND		254,743	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	3,132,891	15,903	SH		DFND		15,903	0	0
BROOKFIELD CORP	CL A LTD VT SH	11271J107	62,310,000	1,500,000	SH		DFND		1,500,000	0	0
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	5,158,720	188,000	SH		DFND		188,000	0	0
BROWN & BROWN INC	COM	115236101	2,618,282	29,284	SH		DFND		29,284	0	0
BUILDERS FIRSTSOURCE INC	COM	12008R107	210,830	1,524	SH		DFND		1,524	0	0
BUNGE GLOBAL SA	COM	H11356104	3,710,578	34,753	SH		DFND		34,753	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	23,355,455	75,891	SH		DFND		75,891	0	0
CALUMET SPECIALTY PRODS PART	UT LTD PARTNER	131476103	4,156,950	259,000	SH		DFND		259,000	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	1,564,201	14,336	SH		DFND		14,336	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	14,700,752	444,400	SH		DFND		444,400	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	1,069,885	57,152	SH		DFND		57,152	0	0
CATALENT INC	COM	148806102	24,215,618	430,653	SH		DFND		430,653	0	0
CATERPILLAR INC	COM	149123101	99,424,687	298,483	SH		DFND		298,483	0	0
CBOE GLOBAL MKTS INC	COM	12503M108	2,211,800	13,006	SH		DFND		13,006	0	0
CBRE GROUP INC	CL A	12504L109	2,351,167	26,385	SH		DFND		26,385	0	0
CDW CORP	COM	12514G108	13,760,116	61,473	SH		DFND		61,473	0	0
CEDAR FAIR L P	DEPOSITRY UNIT	150185106	206,459,345	3,798,700	SH		DFND		3,798,700	0	0
CF INDS HLDGS INC	COM	125269100	1,823,056	24,596	SH		DFND		24,596	0	0
CHARLES RIV LABS INTL INC	COM	159864107	1,432,013	6,932	SH		DFND		6,932	0	0
CHARTER COMMUNICATIONS INC N	CL A	16119P108	246,343	824	SH		DFND		824	0	0
CHEMED CORP NEW	COM	16359R103	922,386	1,700	SH		DFND		1,700	0	0
CHENIERE ENERGY INC	COM NEW	16411R208	13,168,464	75,300	SH		DFND		75,300	0	0
CHENIERE ENERGY PARTNERS LP	COM UNIT	16411Q101	3,241,260	66,000	SH		DFND		66,000	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	11,984,945	191,300	SH		DFND		191,300	0	0
CHUBB LIMITED	COM	H1467J104	12,811,138	50,224	SH		DFND		50,224	0	0
CHURCH & DWIGHT CO INC	COM	171340102	3,421,336	32,999	SH		DFND		32,999	0	0
CINCINNATI FINL CORP	COM	172062101	2,286,888	19,364	SH		DFND		19,364	0	0
CINTAS CORP	COM	172908105	9,456,311	13,504	SH		DFND		13,504	0	0
CISCO SYS INC	COM	17275R102	127,163,746	2,676,568	SH		DFND		2,676,568	0	0
CITIGROUP INC	COM NEW	172967424	15,352,497	241,924	SH		DFND		241,924	0	0
CITIZENS FINL GROUP INC	COM	174610105	2,048,990	56,869	SH		DFND		56,869	0	0
CLEVELAND-CLIFFS INC NEW	COM	185899101	2,762,505	179,500	SH		DFND		179,500	0	0
CLOROX CO DEL	COM	189054109	20,248,190	148,371	SH		DFND		148,371	0	0
CME GROUP INC	COM	12572Q105	12,848,007	65,351	SH		DFND		65,351	0	0
CMS ENERGY CORP	COM	125896100	2,392,213	40,185	SH		DFND		40,185	0	0
COCA COLA CO	COM	191216100	68,236,428	1,072,057	SH		DFND		1,072,057	0	0
COCA-COLA EUROPACIFIC PARTNE	SHS	G25839104	3,363,096	46,152	SH		DFND		46,152	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	104,379,456	1,534,992	SH		DFND		1,534,992	0	0
COLGATE PALMOLIVE CO	COM	194162103	10,717,971	110,449	SH		DFND		110,449	0	0
COMCAST CORP NEW	CL A	20030N101	51,956,196	1,326,767	SH		DFND		1,326,767	0	0
CONAGRA BRANDS INC	COM	205887102	1,824,280	64,190	SH		DFND		64,190	0	0
CONOCOPHILLIPS	COM	20825C104	195,066,168	1,705,422	SH		DFND		1,705,422	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	4,801,874	18,664	SH		DFND		18,664	0	0
CONSTELLATION ENERGY CORP	COM	21037T109	24,233,872	121,006	SH		DFND		121,006	0	0
COOPER COS INC	COM	216648501	1,130,099	12,945	SH		DFND		12,945	0	0
COPA HOLDINGS SA	CL A	P31076105	1,399,146	14,700	SH		DFND		14,700	0	0
COPART INC	COM	217204106	16,778,660	309,798	SH		DFND		309,798	0	0
CORNING INC	COM	219350105	15,879,627	408,742	SH		DFND		408,742	0	0
CORTEVA INC	COM	22052L104	18,053,017	334,687	SH		DFND		334,687	0	0
COSTAR GROUP INC	COM	22160N109	14,159,999	190,990	SH		DFND		190,990	0	0
COSTCO WHSL CORP NEW	COM	22160K105	88,227,262	103,798	SH		DFND		103,798	0	0
COTERRA ENERGY INC	COM	127097103	21,317,304	799,299	SH		DFND		799,299	0	0
COUPANG INC	CL A	22266T109	5,069,900	242,000	SH		DFND		242,000	0	0
CROSSAMERICA PARTNERS LP	UT LTD PTN INT	22758A105	258,050	13,000	SH		DFND		13,000	0	0
CROWN CASTLE INC	COM	22822V101	39,028,219	399,470	SH		DFND		399,470	0	0
CSX CORP	COM	126408103	49,022,346	1,465,541	SH		DFND		1,465,541	0	0
CUMMINS INC	COM	231021106	5,096,897	18,405	SH		DFND		18,405	0	0
CURTISS WRIGHT CORP	COM	231561101	5,961,560	22,000	SH		DFND		22,000	0	0
CVS HEALTH CORP	COM	126650100	17,537,749	296,948	SH		DFND		296,948	0	0
D R HORTON INC	COM	23331A109	7,072,149	50,182	SH		DFND		50,182	0	0
DANAHER CORPORATION	COM	235851102	35,673,583	142,780	SH		DFND		142,780	0	0
DARDEN RESTAURANTS INC	COM	237194105	6,016,635	39,761	SH		DFND		39,761	0	0
DARLING INGREDIENTS INC	COM	237266101	8,650,950	235,400	SH		DFND		235,400	0	0
DATADOG INC	CL A COM	23804L103	5,235,845	40,372	SH		DFND		40,372	0	0
DAVITA INC	COM	23918K108	3,888,690	28,063	SH		DFND		28,063	0	0
DAYFORCE INC	COM	15677J108	255,291	5,147	SH		DFND		5,147	0	0
DBX ETF TR	XTRACK USD HIGH	233051432	5,319,000	150,000	SH		DFND		150,000	0	0
DECKERS OUTDOOR CORP	COM	243537107	8,183,049	8,454	SH		DFND		8,454	0	0
DEERE & CO	COM	244199105	24,971,561	66,835	SH		DFND		66,835	0	0
DELEK LOGISTICS PARTNERS LP	COM UNT RP INT	24664T103	1,092,960	27,000	SH		DFND		27,000	0	0
DEVON ENERGY CORP NEW	COM	25179M103	13,131,838	277,043	SH		DFND		277,043	0	0
DEXCOM INC	COM	252131107	10,156,240	89,577	SH		DFND		89,577	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	725,689	3,625	SH		DFND		3,625	0	0
DICKS SPORTING GOODS INC	COM	253393102	1,890,680	8,800	SH		DFND		8,800	0	0
DIGITAL RLTY TR INC	COM	253868103	6,639,415	43,666	SH		DFND		43,666	0	0
DISCOVER FINL SVCS	COM	254709108	4,054,587	30,996	SH		DFND		30,996	0	0
DISNEY WALT CO	COM	254687106	43,802,081	441,153	SH		DFND		441,153	0	0
DOLLAR GEN CORP NEW	COM	256677105	3,908,587	29,559	SH		DFND		29,559	0	0
DOLLAR TREE INC	COM	256746108	17,367,956	162,667	SH		DFND		162,667	0	0
DOMINOS PIZZA INC	COM	25754A201	6,159,301	11,929	SH		DFND		11,929	0	0
DOORDASH INC	CL A	25809K105	3,025,498	27,813	SH		DFND		27,813	0	0
DORCHESTER MINERALS LP	COM UNIT	25820R105	2,252,050	73,000	SH		DFND		73,000	0	0
DOVER CORP	COM	260003108	3,337,062	18,493	SH		DFND		18,493	0	0
DOW INC	COM	260557103	2,402,369	45,285	SH		DFND		45,285	0	0
DUPONT DE NEMOURS INC	COM	26614N102	16,601,948	206,261	SH		DFND		206,261	0	0
EASTGROUP PPTYS INC	COM	277276101	986,580	5,800	SH		DFND		5,800	0	0
EASTMAN CHEM CO	COM	277432100	10,564,203	107,831	SH		DFND		107,831	0	0
EATON CORP PLC	SHS	G29183103	54,776,558	174,698	SH		DFND		174,698	0	0
EBAY INC.	COM	278642103	2,583,341	48,089	SH		DFND		48,089	0	0
ECOLAB INC	COM	278865100	33,129,600	139,200	SH		DFND		139,200	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	7,490,006	81,087	SH		DFND		81,087	0	0
ELECTRONIC ARTS INC	COM	285512109	5,090,143	36,533	SH		DFND		36,533	0	0
ELI LILLY & CO	COM	532457108	107,492,146	118,726	SH		DFND		118,726	0	0
EMCOR GROUP INC	COM	29084Q100	1,241,272	3,400	SH		DFND		3,400	0	0
EMERSON ELEC CO	COM	291011104	22,074,191	200,383	SH		DFND		200,383	0	0
ENPHASE ENERGY INC	COM	29355A107	11,301,431	113,343	SH		DFND		113,343	0	0
ENTEGRIS INC	COM	29362U104	4,874,400	36,000	SH		DFND		36,000	0	0
ENTERGY CORP NEW	COM	29364G103	11,637,106	108,758	SH		DFND		108,758	0	0
EOG RES INC	COM	26875P101	14,831,766	117,834	SH		DFND		117,834	0	0
EPAM SYS INC	COM	29414B104	1,467,446	7,801	SH		DFND		7,801	0	0
EQUINIX INC	COM	29444U700	2,096,539	2,771	SH		DFND		2,771	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	3,217,792	46,406	SH		DFND		46,406	0	0
ESSEX PPTY TR INC	COM	297178105	1,515,882	5,569	SH		DFND		5,569	0	0
ETSY INC	COM	29786A106	9,984,488	169,286	SH		DFND		169,286	0	0
EVEREST GROUP LTD	COM	G3223R108	2,047,983	5,375	SH		DFND		5,375	0	0
EVERGY INC	COM	30034W106	4,923,032	92,940	SH		DFND		92,940	0	0
EXELON CORP	COM	30161N101	4,395,297	126,995	SH		DFND		126,995	0	0
EXPEDIA GROUP INC	COM NEW	30212P303	2,152,161	17,082	SH		DFND		17,082	0	0
EXPEDITORS INTL WASH INC	COM	302130109	2,370,173	19,007	SH		DFND		19,007	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	2,314,055	14,890	SH		DFND		14,890	0	0
EXXON MOBIL CORP	COM	30231G102	96,075,353	834,567	SH		DFND		834,567	0	0
F5 INC	COM	315616102	5,509,121	31,987	SH		DFND		31,987	0	0
FASTENAL CO	COM	311900104	8,104,098	128,964	SH		DFND		128,964	0	0
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	1,014,345	10,046	SH		DFND		10,046	0	0
FEDEX CORP	COM	31428X106	9,134,326	30,464	SH		DFND		30,464	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	5,184,768	68,800	SH		DFND		68,800	0	0
FIFTH THIRD BANCORP	COM	316773100	643,647	17,639	SH		DFND		17,639	0	0
FIRST INDL RLTY TR INC	COM	32054K103	23,755,000	500,000	SH		DFND		500,000	0	0
FIRST SOLAR INC	COM	336433107	19,534,982	86,645	SH		DFND		86,645	0	0
FISERV INC	COM	337738108	10,786,025	72,370	SH		DFND		72,370	0	0
FLOWERS FOODS INC	COM	343498101	901,320	40,600	SH		DFND		40,600	0	0
FLOWSERVE CORP	COM	34354P105	1,827,800	38,000	SH		DFND		38,000	0	0
FORD MTR CO DEL	COM	345370860	7,659,871	610,835	SH		DFND		610,835	0	0
FORTINET INC	COM	34959E109	19,548,514	324,349	SH		DFND		324,349	0	0
FORTIVE CORP	COM	34959J108	18,959,967	255,870	SH		DFND		255,870	0	0
FOX CORP	CL B COM	35137L204	23,488,335	733,552	SH		DFND		733,552	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	32,527,834	669,297	SH		DFND		669,297	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	7,008,112	27,026	SH		DFND		27,026	0	0
GARMIN LTD	SHS	H2906T109	4,769,809	29,277	SH		DFND		29,277	0	0
GARTNER INC	COM	366651107	3,343,701	7,446	SH		DFND		7,446	0	0
GE VERNOVA INC	COM	36828A101	32,976,742	192,273	SH		DFND		192,273	0	0
GEN DIGITAL INC	COM	668771108	10,083,327	403,656	SH		DFND		403,656	0	0
GENERAL AEROSPACE	COM	369604301	96,548,681	607,339	SH		DFND		607,339	0	0
GENERAL DYNAMICS CORP	COM	369550108	8,876,543	30,594	SH		DFND		30,594	0	0
GENERAL MLS INC	COM	370334104	5,981,296	94,551	SH		DFND		94,551	0	0
GENESIS ENERGY L P	UNIT LTD PARTN	371927104	9,483,237	662,700	SH		DFND		662,700	0	0
GENUINE PARTS CO	COM	372460105	2,592,670	18,744	SH		DFND		18,744	0	0
GILEAD SCIENCES INC	COM	375558103	19,409,563	282,897	SH		DFND		282,897	0	0
GLOBAL PMTS INC	COM	37940X102	12,722,916	131,571	SH		DFND		131,571	0	0
GLOBAL X FDS	GLOBAL X URANIUM	37954Y871	22,806,810	787,800	SH		DFND		787,800	0	0
GLOBAL X FDS	US PFD ETF	37954Y657	6,643,968	337,600	SH		DFND		337,600	0	0
GLOBALFOUNDRIES INC	ORDINARY SHARES	G39387108	2,528,961	50,019	SH		DFND		50,019	0	0
GLOBANT S A	COM	L44385109	4,634,760	26,000	SH		DFND		26,000	0	0
GLOBE LIFE INC	COM	37959E102	854,560	10,386	SH		DFND		10,386	0	0
GODADDY INC	CL A	380237107	4,689,366	33,565	SH		DFND		33,565	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	4,470,731	9,884	SH		DFND		9,884	0	0
GRACO INC	COM	384109104	1,300,192	16,400	SH		DFND		16,400	0	0
GRAINGER W W INC	COM	384802104	13,880,060	15,384	SH		DFND		15,384	0	0
HALLIBURTON CO	COM	406216101	4,024,144	119,128	SH		DFND		119,128	0	0
HASBRO INC	COM	418056107	1,039,253	17,765	SH		DFND		17,765	0	0
HASHICORP INC	COM CL A	418100103	5,919,333	175,700	SH		DFND		175,700	0	0
HAWAIIAN ELEC INDUSTRIES	COM	419870100	2,644,664	293,200	SH		DFND		293,200	0	0
HCA HEALTHCARE INC	COM	40412C101	4,303,224	13,394	SH		DFND		13,394	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	1,899,377	96,907	SH		DFND		96,907	0	0
HENRY JACK & ASSOC INC	COM	426281101	1,497,002	9,017	SH		DFND		9,017	0	0
HERSHEY CO	COM	427866108	2,189,231	11,909	SH		DFND		11,909	0	0
HESS CORP	COM	42809H107	21,389,072	144,991	SH		DFND		144,991	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	6,688,259	315,931	SH		DFND		315,931	0	0
HIGHWOODS PPTYS INC	COM	431284108	474,279	18,054	SH		DFND		18,054	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	7,341,775	33,647	SH		DFND		33,647	0	0
HOLOGIC INC	COM	436440101	8,568,747	115,404	SH		DFND		115,404	0	0
HOME DEPOT INC	COM	437076102	79,631,318	231,325	SH		DFND		231,325	0	0
HONEYWELL INTL INC	COM	438516106	55,728,815	260,976	SH		DFND		260,976	0	0
HORMEL FOODS CORP	COM	440452100	1,190,939	39,060	SH		DFND		39,060	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	274,591	15,272	SH		DFND		15,272	0	0
HOWARD HUGHES HOLDINGS INC	COM	44267T102	1,536,234	23,700	SH		DFND		23,700	0	0
HOWMET AEROSPACE INC	COM	443201108	5,347,154	68,880	SH		DFND		68,880	0	0
HP INC	COM	40434L105	16,417,271	468,797	SH		DFND		468,797	0	0
HUBBELL INC	COM	443510607	4,467,628	12,224	SH		DFND		12,224	0	0
HUMANA INC	COM	444859102	6,058,735	16,215	SH		DFND		16,215	0	0
HUNT J B TRANS SVCS INC	COM	445658107	1,755,200	10,970	SH		DFND		10,970	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	1,211,018	91,883	SH		DFND		91,883	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	1,307,027	5,306	SH		DFND		5,306	0	0
IDEX CORP	COM	45167R104	4,403,463	21,886	SH		DFND		21,886	0	0
IDEXX LABS INC	COM	45168D104	9,062,894	18,602	SH		DFND		18,602	0	0
ILLINOIS TOOL WKS INC	COM	452308109	8,658,518	36,540	SH		DFND		36,540	0	0
ILLUMINA INC	COM	452327109	1,507,978	14,447	SH		DFND		14,447	0	0
IMAX CORP	COM	45245E109	1,617,450	96,449	SH		DFND		96,449	0	0
INSULET CORP	COM	45784P101	7,007,505	34,725	SH		DFND		34,725	0	0
INTEGRA LIFESCIENCES HLDGS C	COM NEW	457985208	2,214,640	76,000	SH		DFND		76,000	0	0
INTEL CORP	COM	458140100	54,808,755	1,769,737	SH		DFND		1,769,737	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	96,249,961	556,519	SH		DFND		556,519	0	0
INTUIT	COM	461202103	29,131,490	44,326	SH		DFND		44,326	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	56,271,746	126,496	SH		DFND		126,496	0	0
INVESCO EXCH TRADED FD TR II	SR LN ETF	46138G508	1,824,168	86,700	SH		DFND		86,700	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	29,881,612	62,369	SH		DFND		62,369	0	0
INVITATION HOMES INC	COM	46187W107	2,780,721	77,479	SH		DFND		77,479	0	0
IQVIA HLDGS INC	COM	46266C105	5,184,086	24,518	SH		DFND		24,518	0	0
IRIDIUM COMMUNICATIONS INC	COM	46269C102	1,091,420	41,000	SH		DFND		41,000	0	0
IRON MTN INC DEL	COM	46284V101	3,535,061	39,445	SH		DFND		39,445	0	0
ISHARES INC	MSCI BRAZIL ETF	464286400	5,536,785	202,590	SH		DFND		202,590	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	38,446,416	563,400	SH		DFND		563,400	0	0
ISHARES TR	BROAD USD HIGH	46435U853	6,000,712	165,400	SH		DFND		165,400	0	0
ISHARES TR	CRE U S REIT ETF	464288521	2,308,436	43,100	SH		DFND		43,100	0	0
ISHARES TR	ESG AWR MSCI USA	46435G425	31,524,344	264,200	SH		DFND		264,200	0	0
ISHARES TR	GLOBAL REIT ETF	46434V647	5,008,050	215,400	SH		DFND		215,400	0	0
ISHARES TR	MSCI EAFE ETF	464287465	19,762,659	252,300	SH		DFND		252,300	0	0
JABIL INC	COM	466313103	5,137,934	47,228	SH		DFND		47,228	0	0
JOHNSON & JOHNSON	COM	478160104	73,383,720	502,078	SH		DFND		502,078	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	131,660,519	1,980,751	SH		DFND		1,980,751	0	0
JPMORGAN CHASE & CO	COM	46625H100	55,673,076	275,255	SH		DFND		275,255	0	0
JUNIPER NETWORKS INC	COM	48203R104	32,975,554	904,431	SH		DFND		904,431	0	0
KBR INC	COM	48242W106	7,440,240	116,000	SH		DFND		116,000	0	0
KELLANOVA	COM	487836108	5,050,461	87,560	SH		DFND		87,560	0	0
KENVUE INC	COM	49177J102	52,624,955	2,894,662	SH		DFND		2,894,662	0	0
KEURIG DR PEPPER INC	COM	49271V100	18,616,659	557,385	SH		DFND		557,385	0	0
KEYCORP	COM	493267108	1,675,174	117,887	SH		DFND		117,887	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	3,212,121	23,489	SH		DFND		23,489	0	0
KIMBERLY-CLARK CORP	COM	494368103	10,044,100	72,678	SH		DFND		72,678	0	0
KIMCO RLTY CORP	COM	49446R109	4,913,708	252,503	SH		DFND		252,503	0	0
KINDER MORGAN INC DEL	COM	49456B101	14,552,172	732,369	SH		DFND		732,369	0	0
KKR & CO INC	COM	48251W104	8,663,357	82,320	SH		DFND		82,320	0	0
KLA CORP	COM NEW	482480100	43,144,135	52,327	SH		DFND		52,327	0	0
KROGER CO	COM	501044101	6,254,881	125,273	SH		DFND		125,273	0	0
KYNDRYL HLDGS INC	COMMON STOCK	50155Q100	3,626,202	137,826	SH		DFND		137,826	0	0
L3HARRIS TECHNOLOGIES INC	COM	502431109	5,732,180	25,524	SH		DFND		25,524	0	0
LABCORP HOLDINGS INC	COM SHS	504922105	2,308,414	11,343	SH		DFND		11,343	0	0
LAM RESEARCH CORP	COM	512807108	115,268,948	108,249	SH		DFND		108,249	0	0
LAS VEGAS SANDS CORP	COM	517834107	12,085,737	273,124	SH		DFND		273,124	0	0
LAUDER ESTEE COS INC	CL A	518439104	6,506,998	61,156	SH		DFND		61,156	0	0
LEIDOS HOLDINGS INC	COM	525327102	14,324,541	98,194	SH		DFND		98,194	0	0
LENNAR CORP	CL A	526057104	14,230,157	94,950	SH		DFND		94,950	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	800,372	14,600	SH		DFND		14,600	0	0
LIBERTY MEDIA CORP DEL	COM LBTY LIV S A	531229748	2,805,748	74,800	SH		DFND		74,800	0	0
LIBERTY MEDIA CORP DEL	COM LBTY LIV S C	531229722	11,419,768	298,400	SH		DFND		298,400	0	0
LIBERTY MEDIA CORP DEL	COM LBTY SRM S A	531229813	12,691,950	573,000	SH		DFND		573,000	0	0
LIBERTY MEDIA CORP DEL	COM LBTY SRM S C	531229789	10,260,080	463,000	SH		DFND		463,000	0	0
LIGHT & WONDER INC	COM	80874P109	61,879,200	590,000	SH		DFND		590,000	0	0
LINDE PLC	SHS	G54950103	147,469,121	336,066	SH		DFND		336,066	0	0
LOCKHEED MARTIN CORP	COM	539830109	13,422,119	28,735	SH		DFND		28,735	0	0
LOEWS CORP	COM	540424108	1,678,287	22,455	SH		DFND		22,455	0	0
LOUISIANA PAC CORP	COM	546347105	2,716,890	33,000	SH		DFND		33,000	0	0
LOWES COS INC	COM	548661107	16,949,626	76,883	SH		DFND		76,883	0	0
LULULEMON ATHLETICA INC	COM	550021109	4,502,305	15,073	SH		DFND		15,073	0	0
LYFT INC	CL A COM	55087P104	10,575,000	750,000	SH		DFND		750,000	0	0
M & T BK CORP	COM	55261F104	3,123,616	20,637	SH		DFND		20,637	0	0
MAPLEBEAR INC	COM	565394103	2,320,508	72,200	SH		DFND		72,200	0	0
MARATHON OIL CORP	COM	565849106	30,788,656	1,073,898	SH		DFND		1,073,898	0	0
MARKETAXESS HLDGS INC	COM	57060D108	940,085	4,688	SH		DFND		4,688	0	0
MARRIOTT INTL INC NEW	CL A	571903202	34,158,958	141,287	SH		DFND		141,287	0	0
MARSH & MCLENNAN COS INC	COM	571748102	12,841,909	60,943	SH		DFND		60,943	0	0
MARVELL TECHNOLOGY INC	COM	573874104	15,209,960	217,596	SH		DFND		217,596	0	0
MASCO CORP	COM	574599106	1,975,899	29,637	SH		DFND		29,637	0	0
MASIMO CORP	COM	574795100	12,468,060	99,000	SH		DFND		99,000	0	0
MASTEC INC	COM	576323109	3,156,205	29,500	SH		DFND		29,500	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	799,758,671	1,812,854	SH		DFND		1,812,854	0	0
MATCH GROUP INC NEW	COM	57667L107	10,658,398	350,836	SH		DFND		350,836	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	3,857,363	54,375	SH		DFND		54,375	0	0
MCDONALDS CORP	COM	580135101	64,204,644	251,941	SH		DFND		251,941	0	0
MCKESSON CORP	COM	58155Q103	16,114,248	27,591	SH		DFND		27,591	0	0
MDU RES GROUP INC	COM	552690109	4,267,000	170,000	SH		DFND		170,000	0	0
MERCADOLIBRE INC	COM	58733R102	7,554,710	4,597	SH		DFND		4,597	0	0
MERCK & CO INC	COM	58933Y105	147,019,557	1,187,557	SH		DFND		1,187,557	0	0
META PLATFORMS INC	CL A	30303M102	444,825,405	882,205	SH		DFND		882,205	0	0
METLIFE INC	COM	59156R108	1,846,418	26,306	SH		DFND		26,306	0	0
METTLER TOLEDO INTERNATIONAL	COM	592688105	4,016,674	2,874	SH		DFND		2,874	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	1,500,650	33,768	SH		DFND		33,768	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	24,834,473	271,415	SH		DFND		271,415	0	0
MICRON TECHNOLOGY INC	COM	595112103	118,394,230	900,131	SH		DFND		900,131	0	0
MICROSOFT CORP	COM	594918104	1,114,517,202	2,493,606	SH		DFND		2,493,606	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	2,241,829	15,720	SH		DFND		15,720	0	0
MOLINA HEALTHCARE INC	COM	60855R100	2,344,211	7,885	SH		DFND		7,885	0	0
MONDELEZ INTL INC	CL A	609207105	19,771,845	302,137	SH		DFND		302,137	0	0
MONOLITHIC PWR SYS INC	COM	609839105	50,573,582	61,549	SH		DFND		61,549	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	9,486,104	189,912	SH		DFND		189,912	0	0
MOODYS CORP	COM	615369105	8,175,723	19,423	SH		DFND		19,423	0	0
MORGAN STANLEY	COM NEW	617446448	11,631,505	119,678	SH		DFND		119,678	0	0
MOSAIC CO NEW	COM	61945C103	12,174,038	421,247	SH		DFND		421,247	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	14,300,450	37,043	SH		DFND		37,043	0	0
MPLX LP	COM UNIT REP LTD	55336V100	166,245,806	3,903,400	SH		DFND		3,903,400	0	0
NASDAQ INC	COM	631103108	2,957,260	49,075	SH		DFND		49,075	0	0
NATURAL RESOURCE PARTNERS L	COM UNIT LTD PAR	63900P608	4,876,416	54,400	SH		DFND		54,400	0	0
NAVIOS MARITIME PARTNERS L P	COM UNIT LPI	Y62267409	663,390	13,000	SH		DFND		13,000	0	0
NETAPP INC	COM	64110D104	3,576,905	27,771	SH		DFND		27,771	0	0
NETFLIX INC	COM	64110L106	76,936,320	114,000	SH		DFND		114,000	0	0
NEWMONT CORP	COM	651639106	8,626,016	206,019	SH		DFND		206,019	0	0
NEWS CORP NEW	CL A	65249B109	1,293,777	46,927	SH		DFND		46,927	0	0
NEWS CORP NEW	CL B	65249B208	1,998,514	70,395	SH		DFND		70,395	0	0
NEXTERA ENERGY INC	COM	65339F101	7,057,137	99,663	SH		DFND		99,663	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	7,493,860	1,481,000	SH		DFND		1,481,000	0	0
NORFOLK SOUTHN CORP	COM	655844108	6,526,576	30,400	SH		DFND		30,400	0	0
NORTHERN TR CORP	COM	665859104	2,125,114	25,305	SH		DFND		25,305	0	0
NORTHROP GRUMMAN CORP	COM	666807102	8,160,548	18,719	SH		DFND		18,719	0	0
NORWEGIAN CRUISE LINE HLDG L	SHS	G66721104	1,084,803	57,733	SH		DFND		57,733	0	0
NRG ENERGY INC	COM NEW	629377508	11,855,820	152,271	SH		DFND		152,271	0	0
NUCOR CORP	COM	670346105	5,100,135	32,263	SH		DFND		32,263	0	0
NVIDIA CORPORATION	COM	67066G104	1,143,213,464	9,253,792	SH		DFND		9,253,792	0	0
NVR INC	COM	62944T105	11,997,513	1,581	SH		DFND		1,581	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	15,378,224	57,149	SH		DFND		57,149	0	0
OCCIDENTAL PETE CORP	COM	674599105	1,917,373	30,420	SH		DFND		30,420	0	0
OLD DOMINION FREIGHT LINE IN	COM	679580100	7,713,888	43,680	SH		DFND		43,680	0	0
ON SEMICONDUCTOR CORP	COM	682189105	14,869,112	216,909	SH		DFND		216,909	0	0
ONEOK INC NEW	COM	682680103	53,704,263	658,544	SH		DFND		658,544	0	0
ORACLE CORP	COM	68389X105	40,314,153	285,511	SH		DFND		285,511	0	0
OREILLY AUTOMOTIVE INC	COM	67103H107	14,009,692	13,266	SH		DFND		13,266	0	0
OTIS WORLDWIDE CORP	COM	68902V107	5,237,218	54,407	SH		DFND		54,407	0	0
OVINTIV INC	COM	69047Q102	9,608,350	205,000	SH		DFND		205,000	0	0
OWENS CORNING NEW	COM	690742101	2,206,244	12,700	SH		DFND		12,700	0	0
PACCAR INC	COM	693718108	12,153,302	118,062	SH		DFND		118,062	0	0
PACKAGING CORP AMER	COM	695156109	10,204,191	55,895	SH		DFND		55,895	0	0
PALO ALTO NETWORKS INC	COM	697435105	691,919	2,041	SH		DFND		2,041	0	0
PARAMOUNT GLOBAL	CLASS B COM	92556H206	734,230	70,667	SH		DFND		70,667	0	0
PARKER-HANNIFIN CORP	COM	701094104	11,075,722	21,897	SH		DFND		21,897	0	0
PAYCHEX INC	COM	704326107	8,981,157	75,752	SH		DFND		75,752	0	0
PAYCOM SOFTWARE INC	COM	70432V102	925,326	6,469	SH		DFND		6,469	0	0
PAYPAL HLDGS INC	COM	70450Y103	631,308	10,879	SH		DFND		10,879	0	0
PENN ENTERTAINMENT INC	COM	707569109	25,161,500	1,300,000	SH		DFND		1,300,000	0	0
PENTAIR PLC	SHS	G7S00T104	1,712,884	22,341	SH		DFND		22,341	0	0
PEPSICO INC	COM	713448108	101,829,431	617,410	SH		DFND		617,410	0	0
PFIZER INC	COM	717081103	35,102,925	1,254,572	SH		DFND		1,254,572	0	0
PG&E CORP	COM	69331C108	12,581,047	720,564	SH		DFND		720,564	0	0
PHILIP MORRIS INTL INC	COM	718172109	45,545,606	449,478	SH		DFND		449,478	0	0
PHILLIPS 66	COM	718546104	74,812,759	529,948	SH		DFND		529,948	0	0
PHINIA INC	COMMON STOCK	71880K101	4,644,480	118,000	SH		DFND		118,000	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	18,288,640	1,024,000	SH		DFND		1,024,000	0	0
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	5,834,200	310,000	SH		DFND		310,000	0	0
PNC FINL SVCS GROUP INC	COM	693475105	3,516,180	22,615	SH		DFND		22,615	0	0
POOL CORP	COM	73278L105	4,469,500	14,543	SH		DFND		14,543	0	0
PPG INDS INC	COM	693506107	12,673,472	100,671	SH		DFND		100,671	0	0
PREMIER INC	CL A	74051N102	235,242	12,600	SH		DFND		12,600	0	0
PRICE T ROWE GROUP INC	COM	74144T108	1,916,337	16,619	SH		DFND		16,619	0	0
PROCTER AND GAMBLE CO	COM	742718109	61,965,392	375,730	SH		DFND		375,730	0	0
PROLOGIS INC.	COM	74340W103	13,889,265	123,669	SH		DFND		123,669	0	0
PROSHARES TR	S&P 500 DV ARIST	74348A467	9,382,288	97,600	SH		DFND		97,600	0	0
PRUDENTIAL FINL INC	COM	744320102	5,138,782	43,850	SH		DFND		43,850	0	0
PTC INC	COM	69370C100	1,146,883	6,313	SH		DFND		6,313	0	0
PUBLIC STORAGE	COM	74460D109	29,363,600	102,081	SH		DFND		102,081	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	11,926,355	161,823	SH		DFND		161,823	0	0
PULTE GROUP INC	COM	745867101	6,386,240	58,004	SH		DFND		58,004	0	0
QORVO INC	COM	74736K101	4,872,752	41,992	SH		DFND		41,992	0	0
QUALCOMM INC	COM	747525103	162,017,792	813,424	SH		DFND		813,424	0	0
QUANTA SVCS INC	COM	74762E102	14,152,305	55,698	SH		DFND		55,698	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	5,399,505	39,447	SH		DFND		39,447	0	0
RALPH LAUREN CORP	CL A	751212101	923,967	5,278	SH		DFND		5,278	0	0
REALTY INCOME CORP	COM	756109104	6,189,078	117,173	SH		DFND		117,173	0	0
REGENCY CTRS CORP	COM	758849103	1,376,424	22,129	SH		DFND		22,129	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	5,318,212	5,060	SH		DFND		5,060	0	0
REPUBLIC SVCS INC	COM	760759100	15,458,970	79,546	SH		DFND		79,546	0	0
ROBLOX CORP	CL A	771049103	10,604,850	285,000	SH		DFND		285,000	0	0
ROCKWELL AUTOMATION INC	COM	773903109	2,874,198	10,441	SH		DFND		10,441	0	0
ROKU INC	COM CL A	77543R102	5,561,504	92,800	SH		DFND		92,800	0	0
ROLLINS INC	COM	775711104	1,843,872	37,792	SH		DFND		37,792	0	0
ROPER TECHNOLOGIES INC	COM	776696106	13,590,406	24,111	SH		DFND		24,111	0	0
ROSS STORES INC	COM	778296103	41,274,804	284,027	SH		DFND		284,027	0	0
ROYALTY PHARMA PLC	SHS CLASS A	G7709Q104	962,505	36,500	SH		DFND		36,500	0	0
RTX CORPORATION	COM	75513E101	17,959,871	178,901	SH		DFND		178,901	0	0
S&P GLOBAL INC	COM	78409V104	1,751,888	3,928	SH		DFND		3,928	0	0
SALESFORCE INC	COM	79466L302	219,221,457	852,670	SH		DFND		852,670	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	2,838,105	14,458	SH		DFND		14,458	0	0
SCHLUMBERGER LTD	COM STK	806857108	26,129,464	553,825	SH		DFND		553,825	0	0
SCHWAB CHARLES CORP	COM	808513105	561,739	7,623	SH		DFND		7,623	0	0
SEADRILL LTD	COM	G7997W102	22,377,420	434,513	SH		DFND		434,513	0	0
SEAGATE TECHNOLOGY HLDNGS PL	ORD SHS	G7997R103	1,856,795	17,980	SH		DFND		17,980	0	0
SELECT SECTOR SPDR TR	INDL	81369Y704	182,805,000	1,500,000	SH		DFND		1,500,000	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	167,789,000	1,900,000	SH		DFND		1,900,000	0	0
SERVICENOW INC	COM	81762P102	31,927,002	40,585	SH		DFND		40,585	0	0
SHERWIN WILLIAMS CO	COM	824348106	43,000,480	144,089	SH		DFND		144,089	0	0
SKECHERS U S A INC	CL A	830566105	2,294,784	33,200	SH		DFND		33,200	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	2,301,062	21,590	SH		DFND		21,590	0	0
SMARTSHEET INC	COM CL A	83200N103	4,729,784	107,300	SH		DFND		107,300	0	0
SMITH A O CORP	COM	831865209	1,329,170	16,253	SH		DFND		16,253	0	0
SMUCKER J M CO	COM NEW	832696405	1,557,854	14,287	SH		DFND		14,287	0	0
SNAP ON INC	COM	833034101	1,854,301	7,094	SH		DFND		7,094	0	0
SNOWFLAKE INC	CL A	833445109	32,542,776	240,897	SH		DFND		240,897	0	0
SOLVENTUM CORP	COM SHS	83444M101	983,145	18,592	SH		DFND		18,592	0	0
SOUTHWEST AIRLS CO	COM	844741108	66,733,683	2,332,530	SH		DFND		2,332,530	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	13,027,934	1,935,800	SH		DFND		1,935,800	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	22,902,954	42,084	SH		DFND		42,084	0	0
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	15,156,057	48,300	SH		DFND		48,300	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	1,504,080	24,000	SH		DFND		24,000	0	0
STARBUCKS CORP	COM	855244109	83,166,844	1,068,296	SH		DFND		1,068,296	0	0
STEEL DYNAMICS INC	COM	858119100	8,919,442	68,876	SH		DFND		68,876	0	0
STERICYCLE INC	COM	858912108	4,406,254	75,800	SH		DFND		75,800	0	0
STRYKER CORPORATION	COM	863667101	26,070,976	76,623	SH		DFND		76,623	0	0
SUNRUN INC	COM	86771W105	1,174,140	99,000	SH		DFND		99,000	0	0
SUPER MICRO COMPUTER INC	COM	86800U104	871,788	1,064	SH		DFND		1,064	0	0
SYNOPSYS INC	COM	871607107	11,913,696	20,021	SH		DFND		20,021	0	0
SYSCO CORP	COM	871829107	4,783,844	67,010	SH		DFND		67,010	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	2,965,025	17,059	SH		DFND		17,059	0	0
TAPESTRY INC	COM	876030107	1,338,514	31,281	SH		DFND		31,281	0	0
TARGA RES CORP	COM	87612G101	17,673,123	137,235	SH		DFND		137,235	0	0
TARGET CORP	COM	87612E106	9,215,934	62,253	SH		DFND		62,253	0	0
TE CONNECTIVITY LTD	SHS	H84989104	6,198,769	41,207	SH		DFND		41,207	0	0
TECHNIPFMC PLC	COM	G87110105	19,630,648	750,694	SH		DFND		750,694	0	0
TELEFLEX INCORPORATED	COM	879369106	3,057,778	14,538	SH		DFND		14,538	0	0
TENET HEALTHCARE CORP	COM NEW	88033G407	15,963,600	120,000	SH		DFND		120,000	0	0
TERADATA CORP DEL	COM	88076W103	705,024	20,400	SH		DFND		20,400	0	0
TERADYNE INC	COM	880770102	11,567,658	78,007	SH		DFND		78,007	0	0
TEXAS INSTRS INC	COM	882508104	75,550,394	388,374	SH		DFND		388,374	0	0
TEXTRON INC	COM	883203101	2,203,253	25,661	SH		DFND		25,661	0	0
THE CIGNA GROUP	COM	125523100	12,636,369	38,226	SH		DFND		38,226	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	111,023,045	200,765	SH		DFND		200,765	0	0
TJX COS INC NEW	COM	872540109	50,909,359	462,392	SH		DFND		462,392	0	0
T-MOBILE US INC	COM	872590104	19,494,493	110,651	SH		DFND		110,651	0	0
TRANE TECHNOLOGIES PLC	SHS	G8994E103	48,799,397	148,358	SH		DFND		148,358	0	0
TRANSUNION	COM	89400J107	4,279,032	57,700	SH		DFND		57,700	0	0
TRAVELERS COMPANIES INC	COM	89417E109	5,759,402	28,324	SH		DFND		28,324	0	0
TRIMBLE INC	COM	896239100	489,915	8,761	SH		DFND		8,761	0	0
TRIPADVISOR INC	COM	896945201	2,653,690	149,000	SH		DFND		149,000	0	0
TRUIST FINL CORP	COM	89832Q109	1,422,415	36,613	SH		DFND		36,613	0	0
TYLER TECHNOLOGIES INC	COM	902252105	358,482	713	SH		DFND		713	0	0
TYSON FOODS INC	CL A	902494103	2,209,375	38,666	SH		DFND		38,666	0	0
UBER TECHNOLOGIES INC	COM	90353T100	37,838,444	520,617	SH		DFND		520,617	0	0
UBIQUITI INC	COM	90353W103	1,529,430	10,500	SH		DFND		10,500	0	0
UDR INC	COM	902653104	6,076,497	147,667	SH		DFND		147,667	0	0
UGI CORP NEW	COM	902681105	977,830	42,700	SH		DFND		42,700	0	0
ULTA BEAUTY INC	COM	90384S303	4,866,592	12,612	SH		DFND		12,612	0	0
UNION PAC CORP	COM	907818108	29,200,437	129,057	SH		DFND		129,057	0	0
UNITED AIRLS HLDGS INC	COM	910047109	2,152,913	44,244	SH		DFND		44,244	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	8,602,391	62,860	SH		DFND		62,860	0	0
UNITED RENTALS INC	COM	911363109	492,162	761	SH		DFND		761	0	0
UNITED STATES STL CORP NEW	COM	912909108	39,058,740	1,033,300	SH		DFND		1,033,300	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	56,108,230	110,176	SH		DFND		110,176	0	0
UNITY SOFTWARE INC	COM	91332U101	6,484,488	398,800	SH		DFND		398,800	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	10,084,233	54,530	SH		DFND		54,530	0	0
US BANCORP DEL	COM NEW	902973304	7,685,880	193,599	SH		DFND		193,599	0	0
USA COMPRESSION PARTNERS LP	COMUNIT LTDPAR	90290N109	2,610,300	110,000	SH		DFND		110,000	0	0
VALARIS LTD	CL A	G9460G101	245,850	3,300	SH		DFND		3,300	0	0
VALE S A	SPONSORED ADS	91912E105	385,365	34,500	SH		DFND		34,500	0	0
VANECK ETF TRUST	GOLD MINERS ETF	92189F106	6,802,965	200,500	SH		DFND		200,500	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	13,641,748	85,043	SH		DFND		85,043	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	3,623,328	82,800	SH		DFND		82,800	0	0
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	1,598,829	8,300	SH		DFND		8,300	0	0
VENTAS INC	COM	92276F100	15,632,608	304,967	SH		DFND		304,967	0	0
VERALTO CORP	COM SHS	92338C103	10,937,330	114,563	SH		DFND		114,563	0	0
VERISIGN INC	COM	92343E102	27,160,728	152,760	SH		DFND		152,760	0	0
VERISK ANALYTICS INC	COM	92345Y106	11,358,028	42,137	SH		DFND		42,137	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	36,704,713	890,027	SH		DFND		890,027	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	30,994,110	66,125	SH		DFND		66,125	0	0
VERTIV HOLDINGS CO	COM CL A	92537N108	6,882,315	79,500	SH		DFND		79,500	0	0
VICI PPTYS INC	COM	925652109	5,047,113	176,226	SH		DFND		176,226	0	0
VISA INC	COM CL A	92826C839	68,775,802	262,033	SH		DFND		262,033	0	0
VISTRA CORP	COM	92840M102	3,778,821	43,950	SH		DFND		43,950	0	0
VORNADO RLTY TR	SH BEN INT	929042109	34,121,160	1,297,876	SH		DFND		1,297,876	0	0
VULCAN MATLS CO	COM	929160109	10,170,017	40,896	SH		DFND		40,896	0	0
WABTEC	COM	929740108	15,911,368	100,673	SH		DFND		100,673	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	255,144	21,095	SH		DFND		21,095	0	0
WALMART INC	COM	931142103	47,059,601	695,017	SH		DFND		695,017	0	0
WASTE MGMT INC DEL	COM	94106L109	49,527,521	232,153	SH		DFND		232,153	0	0
WELLS FARGO CO NEW	COM	949746101	22,473,829	378,411	SH		DFND		378,411	0	0
WEST PHARMACEUTICAL SVSC INC	COM	955306105	8,433,043	25,602	SH		DFND		25,602	0	0
WESTERN DIGITAL CORP.	COM	958102105	419,614	5,538	SH		DFND		5,538	0	0
WESTERN MIDSTREAM PARTNERS L	COM UNIT LP INT	958669103	16,384,652	412,400	SH		DFND		412,400	0	0
WESTLAKE CHEM PARTNERS LP	COM UNIT RP LP	960417103	338,700	15,000	SH		DFND		15,000	0	0
WESTROCK CO	COM	96145D105	14,320,934	284,937	SH		DFND		284,937	0	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	7,176,935	252,798	SH		DFND		252,798	0	0
WHIRLPOOL CORP	COM	963320106	1,134,420	11,100	SH		DFND		11,100	0	0
WILLIAMS COS INC	COM	969457100	1,628,260	38,312	SH		DFND		38,312	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	3,157,512	65,400	SH		DFND		65,400	0	0
WORKDAY INC	CL A	98138H101	4,297,941	19,225	SH		DFND		19,225	0	0
WYNN RESORTS LTD	COM	983134107	1,137,277	12,707	SH		DFND		12,707	0	0
XCEL ENERGY INC	COM	98389B100	6,684,582	125,156	SH		DFND		125,156	0	0
XYLEM INC	COM	98419M100	4,424,793	32,624	SH		DFND		32,624	0	0
YUM BRANDS INC	COM	988498101	12,581,051	94,980	SH		DFND		94,980	0	0
ZEBRA TECHNOLOGIES CORPORATI	CL A	989207105	563,179	1,823	SH		DFND		1,823	0	0
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	11,600,012	106,883	SH		DFND		106,883	0	0
ZOETIS INC	CL A	98978V103	18,545,533	106,977	SH		DFND		106,977	0	0
ZSCALER INC	COM	98980G102	2,611,670	13,589	SH		DFND		13,589	0	0