SRB 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

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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 ORD	COM	88579Y101	158	1,430	SH		DFND	1,2	1,430	0	0
3M ORD	COM	88579Y101	158	1,430	SH		DFND	1	1,430	0	0
A O SMITH ORD	COM	831865209	165	3,406	SH		DFND	1,2	3,406	0	0
A O SMITH ORD	COM	831865209	165	3,406	SH		DFND	1	3,406	0	0
ABBOTT LABORATORIES ORD	COM	002824100	187	1,928	SH		DFND	1,2	1,928	0	0
ABBOTT LABORATORIES ORD	COM	002824100	187	1,928	SH		DFND	1	1,928	0	0
ABBVIE ORD	COM	00287Y109	204	1,519	SH		DFND	1,2	1,519	0	0
ABBVIE ORD	COM	00287Y109	204	1,519	SH		DFND	1	1,519	0	0
AIR PRODUCTS AND CHEMICALS ORD	COM	009158106	185	797	SH		DFND	1,2	797	0	0
AIR PRODUCTS AND CHEMICALS ORD	COM	009158106	185	797	SH		DFND	1	797	0	0
AMERISOURCEBERGEN ORD	COM	03073E105	196	1,447	SH		DFND	1,2	1,447	0	0
AMERISOURCEBERGEN ORD	COM	03073E105	196	1,447	SH		DFND	1	1,447	0	0
AMETEK ORD	COM	031100100	192	1,690	SH		DFND	1,2	1,690	0	0
AMETEK ORD	COM	031100100	192	1,690	SH		DFND	1	1,690	0	0
AMGEN ORD	COM	031162100	194	862	SH		DFND	1,2	862	0	0
AMGEN ORD	COM	031162100	194	862	SH		DFND	1	862	0	0
ARCHER DANIELS MIDLAND ORD	COM	039483102	203	2,526	SH		DFND	1,2	2,526	0	0
ARCHER DANIELS MIDLAND ORD	COM	039483102	203	2,526	SH		DFND	1	2,526	0	0
AUTOZONE ORD	COM	053332102	203	95	SH		DFND	1,2	95	0	0
AUTOZONE ORD	COM	053332102	203	95	SH		DFND	1	95	0	0
AVERY DENNISON ORD	COM	053611109	177	1,087	SH		DFND	1,2	1,087	0	0
AVERY DENNISON ORD	COM	053611109	177	1,087	SH		DFND	1	1,087	0	0
BRISTOL MYERS SQUIBB ORD	COM	110122108	207	2,907	SH		DFND	1,2	2,907	0	0
BRISTOL MYERS SQUIBB ORD	COM	110122108	207	2,907	SH		DFND	1	2,907	0	0
CHUBB ORD	COM	H1467J104	201	1,107	SH		DFND	1,2	1,107	0	0
CHUBB ORD	COM	H1467J104	201	1,107	SH		DFND	1	1,107	0	0
CHURCH AND DWIGHT ORD	COM	171340102	177	2,484	SH		DFND	1,2	2,484	0	0
CHURCH AND DWIGHT ORD	COM	171340102	177	2,484	SH		DFND	1	2,484	0	0
CIGNA ORD	COM	125523100	208	748	SH		DFND	1,2	748	0	0
CIGNA ORD	COM	125523100	208	748	SH		DFND	1	748	0	0
CISCO SYSTEMS ORD	COM	17275R102	186	4,647	SH		DFND	1,2	4,647	0	0
CISCO SYSTEMS ORD	COM	17275R102	186	4,647	SH		DFND	1	4,647	0	0
CME GROUP CL A ORD	COM	12572Q105	192	1,084	SH		DFND	1,2	1,084	0	0
CME GROUP CL A ORD	COM	12572Q105	192	1,084	SH		DFND	1	1,084	0	0
COGNIZANT TECHNOLOGY SOLUTN CL A ORD	CL A	192446102	179	3,113	SH		DFND	1,2	3,113	0	0
COGNIZANT TECHNOLOGY SOLUTN CL A ORD	CL A	192446102	179	3,113	SH		DFND	1	3,113	0	0
COOPER ORD	COM NEW	216648402	173	655	SH		DFND	1,2	655	0	0
COOPER ORD	COM NEW	216648402	173	655	SH		DFND	1	655	0	0
COTERRA ENERGY ORD	COM	127097103	195	7,471	SH		DFND	1,2	7,471	0	0
COTERRA ENERGY ORD	COM	127097103	195	7,471	SH		DFND	1	7,471	0	0
CSX ORD	COM	126408103	169	6,352	SH		DFND	1,2	6,352	0	0
CSX ORD	COM	126408103	169	6,352	SH		DFND	1	6,352	0	0
CUMMINS ORD	COM	231021106	192	944	SH		DFND	1,2	944	0	0
CUMMINS ORD	COM	231021106	192	944	SH		DFND	1	944	0	0
CVS HEALTH ORD	COM	126650100	93,953	985,143	SH		DFND	1,2	985,143	0	0
CVS HEALTH ORD	COM	126650100	109,601	1,149,217	SH		DFND	1	1,149,217	0	0
ELEVANCE HEALTH ORD	COM	036752103	200	441	SH		DFND	1,2	441	0	0
ELEVANCE HEALTH ORD	COM	036752103	200	441	SH		DFND	1	441	0	0
ERICSSON SPON ADR REP 1 CL B ORD	ADR B SEK 10	294821608	39,920	6,954,713	SH		DFND	1,2	6,954,713	0	0
ERICSSON SPON ADR REP 1 CL B ORD	ADR B SEK 10	294821608	64,431	11,224,980	SH		DFND	1	11,224,980	0	0
EVEREST RE GROUP ORD	COM	G3223R108	210	799	SH		DFND	1,2	799	0	0
EVEREST RE GROUP ORD	COM	G3223R108	210	799	SH		DFND	1	799	0	0
EXPEDITORS INTERNATIONAL OF WASN ORD	COM	302130109	184	2,084	SH		DFND	1,2	2,084	0	0
EXPEDITORS INTERNATIONAL OF WASN ORD	COM	302130109	184	2,084	SH		DFND	1	2,084	0	0
FIRST REPUBLIC BANK ORD	COM	33616C100	169	1,294	SH		DFND	1,2	1,294	0	0
FIRST REPUBLIC BANK ORD	COM	33616C100	169	1,294	SH		DFND	1	1,294	0	0
FOX CL A ORD	CL A COM	35137L105	182	5,932	SH		DFND	1,2	5,932	0	0
FOX CL A ORD	CL A COM	35137L105	182	5,932	SH		DFND	1	5,932	0	0
GENERAL DYNAMICS ORD	COM	369550108	191	901	SH		DFND	1,2	901	0	0
GENERAL DYNAMICS ORD	COM	369550108	191	901	SH		DFND	1	901	0	0
GENERAL ELECTRIC ORD	COM NEW	369604301	18,446	297,942	SH		DFND	1,2	297,942	0	0
GENERAL ELECTRIC ORD	COM NEW	369604301	33,571	542,253	SH		DFND	1	542,253	0	0
GENERAL MILLS ORD	COM	370334104	217	2,830	SH		DFND	1,2	2,830	0	0
GENERAL MILLS ORD	COM	370334104	217	2,830	SH		DFND	1	2,830	0	0
GENUINE PARTS ORD	COM	372460105	206	1,382	SH		DFND	1,2	1,382	0	0
GENUINE PARTS ORD	COM	372460105	206	1,382	SH		DFND	1	1,382	0	0
GILEAD SCIENCES ORD	COM	375558103	202	3,279	SH		DFND	1,2	3,279	0	0
GILEAD SCIENCES ORD	COM	375558103	202	3,279	SH		DFND	1	3,279	0	0
HARTFORD FINANCIAL SERVICES GRUP ORD	COM	416515104	196	3,172	SH		DFND	1,2	3,172	0	0
HARTFORD FINANCIAL SERVICES GRUP ORD	COM	416515104	196	3,172	SH		DFND	1	3,172	0	0
HENRY SCHEIN ORD	COM	806407102	192	2,917	SH		DFND	1,2	2,917	0	0
HENRY SCHEIN ORD	COM	806407102	192	2,917	SH		DFND	1	2,917	0	0
HOLOGIC ORD	COM	436440101	199	3,082	SH		DFND	1,2	3,082	0	0
HOLOGIC ORD	COM	436440101	199	3,082	SH		DFND	1	3,082	0	0
HOME DEPOT ORD	COM	437076102	191	693	SH		DFND	1,2	693	0	0
HOME DEPOT ORD	COM	437076102	191	693	SH		DFND	1	693	0	0
HONEYWELL INTERNATIONAL ORD	COM	438516106	180	1,080	SH		DFND	1,2	1,080	0	0
HONEYWELL INTERNATIONAL ORD	COM	438516106	180	1,080	SH		DFND	1	1,080	0	0
HUMANA ORD	COM	444859102	212	436	SH		DFND	1,2	436	0	0
HUMANA ORD	COM	444859102	212	436	SH		DFND	1	436	0	0
HUNTINGTON INGALLS INDUSTRIES ORD	COM	446413106	207	935	SH		DFND	1,2	935	0	0
HUNTINGTON INGALLS INDUSTRIES ORD	COM	446413106	207	935	SH		DFND	1	935	0	0
ILLINOIS TOOL ORD	COM	452308109	184	1,018	SH		DFND	1,2	1,018	0	0
ILLINOIS TOOL ORD	COM	452308109	184	1,018	SH		DFND	1	1,018	0	0
INCYTE ORD	COM	45337C102	200	3,004	SH		DFND	1,2	3,004	0	0
INCYTE ORD	COM	45337C102	200	3,004	SH		DFND	1	3,004	0	0
INTEL ORD	COM	458140100	37,332	1,448,671	SH		DFND	1,2	1,448,671	0	0
INTEL ORD	COM	458140100	49,995	1,940,064	SH		DFND	1	1,940,064	0	0
JB HUNT TRANSPORT SERVICES ORD	COM	445658107	183	1,169	SH		DFND	1,2	1,169	0	0
JB HUNT TRANSPORT SERVICES ORD	COM	445658107	183	1,169	SH		DFND	1	1,169	0	0
JM SMUCKER ORD	COM NEW	832696405	220	1,600	SH		DFND	1,2	1,600	0	0
JM SMUCKER ORD	COM NEW	832696405	220	1,600	SH		DFND	1	1,600	0	0
JOHNSON & JOHNSON ORD	COM	478160104	212	1,299	SH		DFND	1,2	1,299	0	0
JOHNSON & JOHNSON ORD	COM	478160104	212	1,299	SH		DFND	1	1,299	0	0
KELLOGG ORD	COM	487836108	200	2,867	SH		DFND	1,2	2,867	0	0
KELLOGG ORD	COM	487836108	200	2,867	SH		DFND	1	2,867	0	0
KEURIG DR PEPPER ORD	COM	49271V100	197	5,491	SH		DFND	1,2	5,491	0	0
KEURIG DR PEPPER ORD	COM	49271V100	197	5,491	SH		DFND	1	5,491	0	0
KIMBERLY CLARK ORD	COM	494368103	179	1,591	SH		DFND	1,2	1,591	0	0
KIMBERLY CLARK ORD	COM	494368103	179	1,591	SH		DFND	1	1,591	0	0
KROGER ORD	COM	501044101	199	4,556	SH		DFND	1,2	4,556	0	0
KROGER ORD	COM	501044101	199	4,556	SH		DFND	1	4,556	0	0
L3HARRIS TECHNOLOGIES ORD	COM	502431109	189	908	SH		DFND	1,2	908	0	0
L3HARRIS TECHNOLOGIES ORD	COM	502431109	189	908	SH		DFND	1	908	0	0
LABORATORY CORPRTN OF AMER HLDGS ORD	COM NEW	50540R409	171	836	SH		DFND	1,2	836	0	0
LABORATORY CORPRTN OF AMER HLDGS ORD	COM NEW	50540R409	171	836	SH		DFND	1	836	0	0
LOCKHEED MARTIN ORD	COM	539830109	191	495	SH		DFND	1,2	495	0	0
LOCKHEED MARTIN ORD	COM	539830109	191	495	SH		DFND	1	495	0	0
LOEWS ORD	COM	540424108	186	3,741	SH		DFND	1,2	3,741	0	0
LOEWS ORD	COM	540424108	186	3,741	SH		DFND	1	3,741	0	0
LOWE'S COMPANIES ORD	COM	548661107	197	1,048	SH		DFND	1,2	1,048	0	0
LOWE'S COMPANIES ORD	COM	548661107	197	1,048	SH		DFND	1	1,048	0	0
MARSH & MCLENNAN ORD	COM	571748102	189	1,266	SH		DFND	1,2	1,266	0	0
MARSH & MCLENNAN ORD	COM	571748102	189	1,266	SH		DFND	1	1,266	0	0
MASCO ORD	COM	574599106	184	3,944	SH		DFND	1,2	3,944	0	0
MASCO ORD	COM	574599106	184	3,944	SH		DFND	1	3,944	0	0
MEDTRONIC ORD	SHS	G5960L103	184	2,275	SH		DFND	1,2	2,275	0	0
MEDTRONIC ORD	SHS	G5960L103	184	2,275	SH		DFND	1	2,275	0	0
MERCK & CO. INC.	COM	58933Y105	90,803	1,054,376	SH		DFND	1,2	1,054,376	0	0
MERCK & CO. INC.	COM	58933Y105	68,416	794,430	SH		DFND	1	794,430	0	0
MICROSOFT ORD	COM	594918104	163,147	700,503	SH		DFND	1,2	700,503	0	0
MICROSOFT ORD	COM	594918104	99,207	425,964	SH		DFND	1	425,964	0	0
MOLINA HEALTHCARE ORD	COM	60855R100	218	662	SH		DFND	1,2	662	0	0
MOLINA HEALTHCARE ORD	COM	60855R100	218	662	SH		DFND	1	662	0	0
MONDELEZ INTERNATIONAL CL A ORD	CL A	609207105	184	3,350	SH		DFND	1,2	3,350	0	0
MONDELEZ INTERNATIONAL CL A ORD	CL A	609207105	184	3,350	SH		DFND	1	3,350	0	0
NASDAQ ORD	COM	631103108	193	3,408	SH		DFND	1,2	3,408	0	0
NASDAQ ORD	COM	631103108	193	3,408	SH		DFND	1	3,408	0	0
NEWS CL A ORD	CL A	65249B109	183	12,109	SH		DFND	1,2	12,109	0	0
NEWS CL A ORD	CL A	65249B109	183	12,109	SH		DFND	1	12,109	0	0
NORFOLK SOUTHERN ORD	COM	655844108	177	846	SH		DFND	1,2	846	0	0
NORFOLK SOUTHERN ORD	COM	655844108	177	846	SH		DFND	1	846	0	0
NORTONLIFELOCK ORD	COM	668771108	182	9,019	SH		DFND	1,2	9,019	0	0
NORTONLIFELOCK ORD	COM	668771108	182	9,019	SH		DFND	1	9,019	0	0
NVR ORD	COM	62944T105	195	49	SH		DFND	1,2	49	0	0
NVR ORD	COM	62944T105	195	49	SH		DFND	1	49	0	0
O REILLY AUTOMOTIVE ORD	COM	67103H107	208	296	SH		DFND	1,2	296	0	0
O REILLY AUTOMOTIVE ORD	COM	67103H107	208	296	SH		DFND	1	296	0	0
OMNICOM GROUP ORD	COM	681919106	190	3,019	SH		DFND	1,2	3,019	0	0
OMNICOM GROUP ORD	COM	681919106	190	3,019	SH		DFND	1	3,019	0	0
PACCAR ORD	COM	693718108	195	2,325	SH		DFND	1,2	2,325	0	0
PACCAR ORD	COM	693718108	195	2,325	SH		DFND	1	2,325	0	0
PACKAGING CORP OF AMERICA ORD	COM	695156109	170	1,518	SH		DFND	1,2	1,518	0	0
PACKAGING CORP OF AMERICA ORD	COM	695156109	170	1,518	SH		DFND	1	1,518	0	0
PEPSICO ORD	COM	713448108	197	1,208	SH		DFND	1,2	1,208	0	0
PEPSICO ORD	COM	713448108	197	1,208	SH		DFND	1	1,208	0	0
PFIZER ORD	COM	717081103	190	4,353	SH		DFND	1,2	4,353	0	0
PFIZER ORD	COM	717081103	190	4,353	SH		DFND	1	4,353	0	0
PHILIP MORRIS INTERNATIONAL ORD	COM	718172109	179	2,162	SH		DFND	1,2	2,162	0	0
PHILIP MORRIS INTERNATIONAL ORD	COM	718172109	179	2,162	SH		DFND	1	2,162	0	0
PROCTER & GAMBLE ORD	COM	742718109	64,195	508,477	SH		DFND	1,2	508,477	0	0
PROCTER & GAMBLE ORD	COM	742718109	55,528	439,826	SH		DFND	1	439,826	0	0
QUEST DIAGNOSTICS ORD	COM	74834L100	192	1,561	SH		DFND	1,2	1,561	0	0
QUEST DIAGNOSTICS ORD	COM	74834L100	192	1,561	SH		DFND	1	1,561	0	0
REGENERON PHARMACEUTICALS ORD	COM	75886F107	234	340	SH		DFND	1,2	340	0	0
REGENERON PHARMACEUTICALS ORD	COM	75886F107	234	340	SH		DFND	1	340	0	0
RENAISSANCERE ORD	COM	G7496G103	12,034	85,715	SH		DFND	1,2	85,715	0	0
RENAISSANCERE ORD	COM	G7496G103	54,266	386,536	SH		DFND	1	386,536	0	0
SAFETY INSURANCE GROUP ORD	COM	78648T100	83,742	1,026,751	SH		DFND	1,2	1,026,751	0	0
SAFETY INSURANCE GROUP ORD	COM	78648T100	52,853	648,031	SH		DFND	1	648,031	0	0
STARBUCKS ORD	COM	855244109	205	2,429	SH		DFND	1,2	2,429	0	0
STARBUCKS ORD	COM	855244109	205	2,429	SH		DFND	1	2,429	0	0
T ROWE PRICE GROUP ORD	COM	74144T108	38,042	362,275	SH		DFND	1,2	362,275	0	0
T ROWE PRICE GROUP ORD	COM	74144T108	64,493	614,158	SH		DFND	1	614,158	0	0
TEXAS INSTRUMENTS ORD	COM	882508104	181	1,172	SH		DFND	1,2	1,172	0	0
TEXAS INSTRUMENTS ORD	COM	882508104	181	1,172	SH		DFND	1	1,172	0	0
TJX ORD	COM	872540109	206	3,318	SH		DFND	1,2	3,318	0	0
TJX ORD	COM	872540109	206	3,318	SH		DFND	1	3,318	0	0
TOYOTA MOTOR ADR REP 10 ORD	ADS	892331307	23,102	177,312	SH		DFND	1,2	177,312	0	0
TOYOTA MOTOR ADR REP 10 ORD	ADS	892331307	52,301	401,420	SH		DFND	1	401,420	0	0
TRACTOR SUPPLY ORD	COM	892356106	203	1,090	SH		DFND	1,2	1,090	0	0
TRACTOR SUPPLY ORD	COM	892356106	203	1,090	SH		DFND	1	1,090	0	0
TRAVELERS COMPANIES ORD	COM	89417E109	193	1,262	SH		DFND	1,2	1,262	0	0
TRAVELERS COMPANIES ORD	COM	89417E109	193	1,262	SH		DFND	1	1,262	0	0
TYSON FOODS CL A ORD	CL A	902494103	174	2,642	SH		DFND	1,2	2,642	0	0
TYSON FOODS CL A ORD	CL A	902494103	174	2,642	SH		DFND	1	2,642	0	0
UNION PACIFIC ORD	COM	907818108	178	913	SH		DFND	1,2	913	0	0
UNION PACIFIC ORD	COM	907818108	178	913	SH		DFND	1	913	0	0
UNITED PARCEL SERVICE CL B ORD	CL B	911312106	171	1,058	SH		DFND	1,2	1,058	0	0
UNITED PARCEL SERVICE CL B ORD	CL B	911312106	171	1,058	SH		DFND	1	1,058	0	0
UNITEDHEALTH GRP ORD	COM	91324P102	201	397	SH		DFND	1,2	397	0	0
UNITEDHEALTH GRP ORD	COM	91324P102	201	397	SH		DFND	1	397	0	0
VANGUARD 500 IDX ETF	S&P 500 ETF SHS	922908363	830	2,530	SH		DFND	1	2,530	0	0
VERISIGN ORD	COM	92343E102	194	1,116	SH		DFND	1,2	1,116	0	0
VERISIGN ORD	COM	92343E102	194	1,116	SH		DFND	1	1,116	0	0
VERISK ANALYTICS ORD	COM	92345Y106	30,683	179,925	SH		DFND	1	179,925	0	0
VERTEX PHARMACEUTICALS ORD	COM	92532F100	206	711	SH		DFND	1,2	711	0	0
VERTEX PHARMACEUTICALS ORD	COM	92532F100	206	711	SH		DFND	1	711	0	0
WILLIS TOWERS WATSON ORD	SHS	G96629103	207	1,031	SH		DFND	1,2	1,031	0	0
WILLIS TOWERS WATSON ORD	SHS	G96629103	207	1,031	SH		DFND	1	1,031	0	0
WR BERKLEY ORD	COM	084423102	212	3,286	SH		DFND	1,2	3,286	0	0
WR BERKLEY ORD	COM	084423102	212	3,286	SH		DFND	1	3,286	0	0
WW GRAINGER ORD	COM	384802104	185	379	SH		DFND	1,2	379	0	0
WW GRAINGER ORD	COM	384802104	185	379	SH		DFND	1	379	0	0