AIA Group Limited (AAGIY) 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
2023 ETF SERIES TRUST II	GMO US QUALITY E	90139K100	127,885,285	4,122,672	SH		DFND	2	4,122,672	0	0
3M CO	COM	88579Y101	592,702	5,800	SH		DFND	2	5,800	0	0
ABBOTT LABS	COM	002824100	4,229,968	40,708	SH		DFND	2	40,708	0	0
ABBOTT LABS	COM	002824100	381,038	3,667	SH		DFND		3,667	0	0
ABBVIE INC	COM	00287Y109	8,221,640	47,934	SH		DFND	2	47,934	0	0
ADVANCED DRAIN SYS INC DEL	COM	00790R104	6,084,555	37,936	SH		DFND	2	37,936	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	602,124	3,712	SH		DFND	2	3,712	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	421,746	2,600	SH		DFND		2,600	0	0
AGCO CORP	COM	001084102	1,659,066	16,950	SH		DFND	2	16,950	0	0
AGNC INVT CORP	COM	00123Q104	347,132	36,387	SH		DFND	2	36,387	0	0
AIR LEASE CORP	CL A	00912X302	1,625,954	34,209	SH		DFND	2	34,209	0	0
AIR PRODS & CHEMS INC	COM	009158106	324,885	1,259	SH		DFND		1,259	0	0
AIRBNB INC	COM CL A	009066101	3,953,904	26,076	SH		DFND	2	26,076	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	325,411	2,782	SH		DFND	2	2,782	0	0
ALNYLAM PHARMACEUTICALS INC	COM	02043Q107	4,721,004	19,428	SH		DFND	2	19,428	0	0
ALPHABET INC	CAP STK CL C	02079K107	16,158,018	88,093	SH		DFND	2	88,093	0	0
ALPHABET INC	CAP STK CL A	02079K305	27,767,492	152,443	SH		DFND	2	152,443	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,461,025	8,021	SH		DFND		8,021	0	0
AMAZON COM INC	COM	023135106	30,212,705	156,340	SH		DFND	2	156,340	0	0
AMAZON COM INC	COM	023135106	1,326,855	6,866	SH		DFND		6,866	0	0
AMERICA MOVIL SAB DE CV	SPON ADS RP CL B	02390A101	3,365,184	197,952	SH		DFND	2	197,952	0	0
AMERICAN EXPRESS CO	COM	025816109	1,667,160	7,200	SH		DFND	2	7,200	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	222,200	2,993	SH		DFND	2	2,993	0	0
AMGEN INC	COM	031162100	513,980	1,645	SH		DFND	2	1,645	0	0
ANALOG DEVICES INC	COM	032654105	3,003,902	13,160	SH		DFND	2	13,160	0	0
ANNALY CAPITAL MANAGEMENT IN	COM NEW	035710839	1,084,228	56,885	SH		DFND	2	56,885	0	0
APPLE INC	COM	037833100	34,140,870	162,097	SH		DFND	2	162,097	0	0
APPLE INC	COM	037833100	1,979,407	9,398	SH		DFND		9,398	0	0
APPLIED MATLS INC	COM	038222105	4,513,073	19,124	SH		DFND	2	19,124	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	1,457,208	24,106	SH		DFND	2	24,106	0	0
ARES MANAGEMENT CORPORATION	CL A COM STK	03990B101	1,586,032	11,900	SH		DFND	2	11,900	0	0
ARISTA NETWORKS INC	COM	040413106	5,778,013	16,486	SH		DFND	2	16,486	0	0
AT&T INC	COM	00206R102	7,246,646	379,207	SH		DFND	2	379,207	0	0
ATMOS ENERGY CORP	COM	049560105	554,671	4,755	SH		DFND	2	4,755	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	35,979,176	150,736	SH		DFND	2	150,736	0	0
AVANGRID INC	COM	05351W103	1,697,268	47,770	SH		DFND	2	47,770	0	0
AVNET INC	COM	053807103	1,660,089	32,241	SH		DFND	2	32,241	0	0
AZEK CO INC	CL A	05478C105	1,626,218	38,600	SH		DFND	2	38,600	0	0
BAKER HUGHES COMPANY	CL A	05722G100	1,150,481	32,712	SH		DFND	2	32,712	0	0
BAKER HUGHES COMPANY	CL A	05722G100	313,013	8,900	SH		DFND		8,900	0	0
BANK AMERICA CORP	COM	060505104	8,759,263	220,248	SH		DFND	2	220,248	0	0
BANK NEW YORK MELLON CORP	COM	064058100	1,835,928	30,655	SH		DFND	2	30,655	0	0
BAOZUN INC	SPONSORED ADR	06684L103	933,702	399,018	SH		DFND	2	399,018	0	0
BEIGENE LTD	SPONSORED ADR	07725L102	3,090,946	21,665	SH		DFND	2	21,665	0	0
BIOGEN INC	COM	09062X103	295,802	1,276	SH		DFND		1,276	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	245,096	2,977	SH		DFND		2,977	0	0
BLACKROCK INC	COM	09247X101	3,727,173	4,734	SH		DFND	2	4,734	0	0
BLACKSTONE INC	COM	09260D107	3,616,198	29,210	SH		DFND	2	29,210	0	0
BOOKING HOLDINGS INC	COM	09857L108	8,525,148	2,152	SH		DFND	2	2,152	0	0
BOOKING HOLDINGS INC	COM	09857L108	332,766	84	SH		DFND		84	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	1,769,850	11,500	SH		DFND	2	11,500	0	0
BOSTON PROPERTIES INC	COM	101121101	278,128	4,518	SH		DFND	2	4,518	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	395,138	5,131	SH		DFND		5,131	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,772,542	42,681	SH		DFND	2	42,681	0	0
BROADCOM INC	COM	11135F101	35,665,243	22,214	SH		DFND	2	22,214	0	0
BROOKFIELD ASSET MANAGMT LTD	CL A LMT VTG SHS	113004105	1,885,416	49,551	SH		DFND	2	49,551	0	0
CANADIAN PACIFIC KANSAS CITY	COM	13646K108	5,206,336	66,129	SH		DFND	2	66,129	0	0
CAPITAL ONE FINL CORP	COM	14040H105	929,415	6,713	SH		DFND	2	6,713	0	0
CARLISLE COS INC	COM	142339100	2,869,697	7,082	SH		DFND	2	7,082	0	0
CARRIER GLOBAL CORPORATION	COM	14448C104	9,795,946	155,294	SH		DFND	2	155,294	0	0
CATERPILLAR INC	COM	149123101	10,890,371	32,694	SH		DFND	2	32,694	0	0
CHEVRON CORP NEW	COM	166764100	5,430,590	34,718	SH		DFND	2	34,718	0	0
CHORD ENERGY CORPORATION	COM NEW	674215207	510,083	3,042	SH		DFND	2	3,042	0	0
CIENA CORP	COM NEW	171779309	284,985	5,915	SH		DFND		5,915	0	0
CISCO SYS INC	COM	17275R102	65,046,416	1,369,110	SH		DFND	2	1,369,110	0	0
CISCO SYS INC	COM	17275R102	340,837	7,174	SH		DFND		7,174	0	0
CITIGROUP INC	COM NEW	172967424	7,888,522	124,307	SH		DFND	2	124,307	0	0
CITIZENS FINL GROUP INC	COM	174610105	1,706,741	47,370	SH		DFND	2	47,370	0	0
CLOROX CO DEL	COM	189054109	1,187,289	8,700	SH		DFND	2	8,700	0	0
CLOUDFLARE INC	CL A COM	18915M107	2,723,368	32,879	SH		DFND	2	32,879	0	0
CME GROUP INC	COM	12572Q105	4,233,191	21,532	SH		DFND	2	21,532	0	0
COCA COLA CO	COM	191216100	2,343,275	36,815	SH		DFND	2	36,815	0	0
COGNEX CORP	COM	192422103	3,733,225	79,838	SH		DFND	2	79,838	0	0
COLGATE PALMOLIVE CO	COM	194162103	44,688,084	460,512	SH		DFND	2	460,512	0	0
COMCAST CORP NEW	CL A	20030N101	5,085,396	129,862	SH		DFND	2	129,862	0	0
CONAGRA BRANDS INC	COM	205887102	329,132	11,581	SH		DFND	2	11,581	0	0
CONOCOPHILLIPS	COM	20825C104	1,741,321	15,224	SH		DFND	2	15,224	0	0
CONSOLIDATED EDISON INC	COM	209115104	1,290,867	14,436	SH		DFND	2	14,436	0	0
COPART INC	COM	217204106	4,879,545	90,095	SH		DFND	2	90,095	0	0
COSTCO WHSL CORP NEW	COM	22160K105	6,718,321	7,904	SH		DFND	2	7,904	0	0
COUSINS PPTYS INC	COM NEW	222795502	525,135	22,684	SH		DFND	2	22,684	0	0
CSX CORP	COM	126408103	353,667	10,573	SH		DFND	2	10,573	0	0
CVS HEALTH CORP	COM	126650100	2,527,296	42,792	SH		DFND	2	42,792	0	0
D R HORTON INC	COM	23331A109	692,107	4,911	SH		DFND	2	4,911	0	0
DANAHER CORPORATION	COM	235851102	41,923,831	167,796	SH		DFND	2	167,796	0	0
DANAHER CORPORATION	COM	235851102	378,523	1,515	SH		DFND		1,515	0	0
DECKERS OUTDOOR CORP	COM	243537107	1,742,310	1,800	SH		DFND	2	1,800	0	0
DEERE & CO	COM	244199105	68,673,941	183,802	SH		DFND	2	183,802	0	0
DELL TECHNOLOGIES INC	CL C	24703L202	1,161,340	8,421	SH		DFND	2	8,421	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	4,973,799	104,844	SH		DFND	2	104,844	0	0
DENALI THERAPEUTICS INC	COM	24823R105	1,610,168	69,344	SH		DFND	2	69,344	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	1,561,482	7,800	SH		DFND	2	7,800	0	0
DIGITAL RLTY TR INC	COM	253868103	1,322,835	8,700	SH		DFND	2	8,700	0	0
DISNEY WALT CO	COM	254687106	1,193,367	12,019	SH		DFND	2	12,019	0	0
DOMINOS PIZZA INC	COM	25754A201	1,445,724	2,800	SH		DFND	2	2,800	0	0
DOW INC	COM	260557103	1,759,934	33,175	SH		DFND	2	33,175	0	0
DR REDDYS LABS LTD	ADR	256135203	1,862,007	24,439	SH		DFND	2	24,439	0	0
ECOLAB INC	COM	278865100	338,198	1,421	SH		DFND		1,421	0	0
EDISON INTL	COM	281020107	2,041,199	28,425	SH		DFND	2	28,425	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	36,113,714	390,968	SH		DFND	2	390,968	0	0
ELECTRONIC ARTS INC	COM	285512109	3,464,998	24,869	SH		DFND	2	24,869	0	0
ELEMENT SOLUTIONS INC	COM	28618M106	451,819	16,660	SH		DFND	2	16,660	0	0
ELEVANCE HEALTH INC	COM	036752103	2,471,965	4,562	SH		DFND	2	4,562	0	0
ELI LILLY & CO	COM	532457108	16,962,294	18,735	SH		DFND	2	18,735	0	0
ELI LILLY & CO	COM	532457108	569,484	629	SH		DFND		629	0	0
EMCOR GROUP INC	COM	29084Q100	693,652	1,900	SH		DFND	2	1,900	0	0
EMERSON ELEC CO	COM	291011104	214,482	1,947	SH		DFND	2	1,947	0	0
EQUIFAX INC	COM	294429105	3,631,081	14,976	SH		DFND	2	14,976	0	0
EQUINIX INC	COM	29444U700	1,551,787	2,051	SH		DFND	2	2,051	0	0
EVERSOURCE ENERGY	COM	30040W108	646,381	11,398	SH		DFND	2	11,398	0	0
EXACT SCIENCES CORP	COM	30063P105	1,206,322	28,552	SH		DFND	2	28,552	0	0
EXELON CORP	COM	30161N101	294,566	8,511	SH		DFND	2	8,511	0	0
EXXON MOBIL CORP	COM	30231G102	6,324,693	54,940	SH		DFND	2	54,940	0	0
EXXON MOBIL CORP	COM	30231G102	587,572	5,104	SH		DFND		5,104	0	0
F N B CORP	COM	302520101	580,661	42,446	SH		DFND	2	42,446	0	0
FEDEX CORP	COM	31428X106	3,943,796	13,153	SH		DFND	2	13,153	0	0
FIRST SOLAR INC	COM	336433107	240,566	1,067	SH		DFND		1,067	0	0
FLUOR CORP NEW	COM	343412102	1,620,060	37,200	SH		DFND	2	37,200	0	0
FMC CORP	COM NEW	302491303	1,444,505	25,100	SH		DFND	2	25,100	0	0
FORD MTR CO DEL	COM	345370860	1,824,583	145,501	SH		DFND	2	145,501	0	0
FORTIVE CORP	COM	34959J108	250,606	3,382	SH		DFND		3,382	0	0
FRANKLIN RESOURCES INC	COM	354613101	228,462	10,222	SH		DFND	2	10,222	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	3,855,778	79,337	SH		DFND	2	79,337	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	5,113,334	19,719	SH		DFND	2	19,719	0	0
GAMING & LEISURE PPTYS INC	COM	36467J108	1,128,080	24,952	SH		DFND	2	24,952	0	0
GENERAL ELECTRIC CO	COM NEW	369604301	3,506,242	22,056	SH		DFND	2	22,056	0	0
GENERAL MTRS CO	COM	37045V100	1,233,048	26,540	SH		DFND	2	26,540	0	0
GERDAU SA	SPON ADR REP PFD	373737105	1,492,382	452,237	SH		DFND	2	452,237	0	0
GILEAD SCIENCES INC	COM	375558103	1,633,604	23,810	SH		DFND	2	23,810	0	0
GODADDY INC	CL A	380237107	1,843,613	13,196	SH		DFND	2	13,196	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	3,958,705	8,752	SH		DFND	2	8,752	0	0
H WORLD GROUP LTD	SPONSORED ADS	44332N106	9,814,439	294,551	SH		DFND	2	294,551	0	0
HCA HEALTHCARE INC	COM	40412C101	610,432	1,900	SH		DFND	2	1,900	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	250,860	12,799	SH		DFND	2	12,799	0	0
HEICO CORP NEW	COM	422806109	2,768,515	12,381	SH		DFND	2	12,381	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	1,462,043	69,062	SH		DFND	2	69,062	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	3,770,060	17,278	SH		DFND	2	17,278	0	0
HOLOGIC INC	COM	436440101	338,654	4,561	SH		DFND		4,561	0	0
HOME DEPOT INC	COM	437076102	50,626,688	147,068	SH		DFND	2	147,068	0	0
HOME DEPOT INC	COM	437076102	461,626	1,341	SH		DFND		1,341	0	0
HONEYWELL INTL INC	COM	438516106	321,591	1,506	SH		DFND	2	1,506	0	0
HOWMET AEROSPACE INC	COM	443201108	2,141,889	27,591	SH		DFND	2	27,591	0	0
HP INC	COM	40434L105	409,314	11,688	SH		DFND	2	11,688	0	0
HUTCHMED CHINA LTD	SPONSORED ADS	44842L103	5,400,316	315,439	SH		DFND	2	315,439	0	0
ICICI BANK LIMITED	ADR	45104G104	3,258,267	113,095	SH		DFND	2	113,095	0	0
ILLUMINA INC	COM	452327109	6,019,281	57,667	SH		DFND	2	57,667	0	0
INGERSOLL RAND INC	COM	45687V106	3,106,183	34,194	SH		DFND	2	34,194	0	0
INSPIRE MED SYS INC	COM	457730109	1,559,789	11,655	SH		DFND	2	11,655	0	0
INTEL CORP	COM	458140100	997,637	32,213	SH		DFND	2	32,213	0	0
INTERACTIVE BROKERS GROUP IN	COM CL A	45841N107	2,096,460	17,100	SH		DFND	2	17,100	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	3,538,038	20,457	SH		DFND	2	20,457	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	8,179,457	18,387	SH		DFND	2	18,387	0	0
ISHARES TR	CORE S&P500 ETF	464287200	942,707,101	1,722,689	SH		DFND	1	1,722,689	0	0
ISHARES TR	CORE S&P500 ETF	464287200	79,777,378	145,784	SH		DFND		145,784	0	0
ISHARES TR	20 YR TR BD ETF	464287432	136,887,667	1,491,476	SH		DFND	1	1,491,476	0	0
ISHARES TR	7-10 YR TRSY BD	464287440	22,114,979	236,145	SH		DFND	1	236,145	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	2,754,463	33,735	SH		DFND	1	33,735	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	1,775,756	31,835	SH		DFND		31,835	0	0
ISHARES TR	CORE MSCI EURO	46434V738	30,199,446	530,280	SH		DFND	1	530,280	0	0
J P MORGAN EXCHANGE TRADED F	BETABULDRS JAPAN	46641Q217	42,991,196	761,850	SH		DFND	1	761,850	0	0
J P MORGAN EXCHANGE TRADED F	BETABUILDERS DEV	46641Q233	16,297,964	336,874	SH		DFND	1	336,874	0	0
JOHNSON & JOHNSON	COM	478160104	3,665,547	25,079	SH		DFND	2	25,079	0	0
JPMORGAN CHASE & CO	COM	46625H100	15,018,412	74,253	SH		DFND	2	74,253	0	0
KILROY RLTY CORP	COM	49427F108	660,929	21,204	SH		DFND	2	21,204	0	0
KINDER MORGAN INC DEL	COM	49456B101	5,370,921	270,303	SH		DFND	2	270,303	0	0
KLA CORP	COM NEW	482480100	1,566,569	1,900	SH		DFND	2	1,900	0	0
KRAFT HEINZ CO	COM	500754106	5,421,949	168,279	SH		DFND	2	168,279	0	0
LAUDER ESTEE COS INC	CL A	518439104	861,840	8,100	SH		DFND	2	8,100	0	0
LENNAR CORP	CL A	526057104	2,282,220	15,228	SH		DFND	2	15,228	0	0
LKQ CORP	COM	501889208	421,556	10,136	SH		DFND	2	10,136	0	0
M & T BK CORP	COM	55261F104	291,519	1,926	SH		DFND	2	1,926	0	0
MARATHON PETE CORP	COM	56585A102	1,995,020	11,500	SH		DFND	2	11,500	0	0
MARKETAXESS HLDGS INC	COM	57060D108	3,678,723	18,345	SH		DFND	2	18,345	0	0
MARRIOTT INTL INC NEW	CL A	571903202	36,997,096	153,026	SH		DFND	2	153,026	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	11,534,128	26,145	SH		DFND	2	26,145	0	0
MCDONALDS CORP	COM	580135101	636,081	2,496	SH		DFND	2	2,496	0	0
MCKESSON CORP	COM	58155Q103	1,985,736	3,400	SH		DFND	2	3,400	0	0
MERCADOLIBRE INC	COM	58733R102	13,147,200	8,000	SH		DFND	2	8,000	0	0
MERCK & CO INC	COM	58933Y105	35,754,307	288,807	SH		DFND	2	288,807	0	0
MERCK & CO INC	COM	58933Y105	490,619	3,963	SH		DFND		3,963	0	0
META PLATFORMS INC	CL A	30303M102	41,307,215	81,923	SH		DFND	2	81,923	0	0
METLIFE INC	COM	59156R108	471,747	6,721	SH		DFND	2	6,721	0	0
METTLER TOLEDO INTERNATIONAL	COM	592688105	3,169,734	2,268	SH		DFND	2	2,268	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	343,217	3,751	SH		DFND	2	3,751	0	0
MICRON TECHNOLOGY INC	COM	595112103	1,417,893	10,780	SH		DFND	2	10,780	0	0
MICRON TECHNOLOGY INC	COM	595112103	305,939	2,326	SH		DFND		2,326	0	0
MICROSOFT CORP	COM	594918104	170,744,733	382,022	SH		DFND	2	382,022	0	0
MICROSOFT CORP	COM	594918104	2,233,856	4,998	SH		DFND		4,998	0	0
MODERNA INC	COM	60770K107	1,724,963	14,526	SH		DFND	2	14,526	0	0
MOLSON COORS BEVERAGE CO	CL B	60871R209	1,401,891	27,580	SH		DFND	2	27,580	0	0
MONDELEZ INTL INC	CL A	609207105	3,060,891	46,774	SH		DFND	2	46,774	0	0
MONDELEZ INTL INC	CL A	609207105	332,239	5,077	SH		DFND		5,077	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	2,863,334	57,324	SH		DFND	2	57,324	0	0
MORGAN STANLEY	COM NEW	617446448	1,789,268	18,410	SH		DFND	2	18,410	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	5,892,667	15,264	SH		DFND	2	15,264	0	0
MSA SAFETY INC	COM	553498106	3,911,084	20,838	SH		DFND	2	20,838	0	0
MUELLER INDS INC	COM	624756102	493,841	8,673	SH		DFND	2	8,673	0	0
NASDAQ INC	COM	631103108	1,849,982	30,700	SH		DFND	2	30,700	0	0
NETFLIX INC	COM	64110L106	14,284,510	21,166	SH		DFND	2	21,166	0	0
NEW YORK TIMES CO	CL A	650111107	4,148,573	81,011	SH		DFND	2	81,011	0	0
NEWMONT CORP	COM	651639106	1,405,702	33,573	SH		DFND	2	33,573	0	0
NIKE INC	CL B	654106103	1,152,935	15,297	SH		DFND	2	15,297	0	0
NNN REIT INC	COM	637417106	477,163	11,201	SH		DFND	2	11,201	0	0
NORTHERN TR CORP	COM	665859104	45,146,304	537,584	SH		DFND	2	537,584	0	0
NORTHROP GRUMMAN CORP	COM	666807102	2,709,865	6,216	SH		DFND	2	6,216	0	0
NUCOR CORP	COM	670346105	885,248	5,600	SH		DFND	2	5,600	0	0
NVIDIA CORPORATION	COM	67066G104	51,101,086	413,640	SH		DFND	2	413,640	0	0
NVIDIA CORPORATION	COM	67066G104	2,080,784	16,843	SH		DFND		16,843	0	0
ON SEMICONDUCTOR CORP	COM	682189105	1,749,396	25,520	SH		DFND	2	25,520	0	0
ONEMAIN HLDGS INC	COM	68268W103	469,529	9,683	SH		DFND	2	9,683	0	0
ONEOK INC NEW	COM	682680103	1,064,228	13,050	SH		DFND	2	13,050	0	0
ORACLE CORP	COM	68389X105	1,376,841	9,751	SH		DFND	2	9,751	0	0
PACKAGING CORP AMER	COM	695156109	1,314,432	7,200	SH		DFND	2	7,200	0	0
PALO ALTO NETWORKS INC	COM	697435105	351,214	1,036	SH		DFND		1,036	0	0
PDD HOLDINGS INC	SPONSORED ADS	722304102	289,432	2,177	SH		DFND	2	2,177	0	0
PEPSICO INC	COM	713448108	249,704	1,514	SH		DFND	2	1,514	0	0
PEPSICO INC	COM	713448108	293,081	1,777	SH		DFND		1,777	0	0
PFIZER INC	COM	717081103	7,564,421	270,351	SH		DFND	2	270,351	0	0
PG&E CORP	COM	69331C108	2,014,884	115,400	SH		DFND	2	115,400	0	0
PHILLIPS 66	COM	718546104	1,242,296	8,800	SH		DFND	2	8,800	0	0
PNC FINL SVCS GROUP INC	COM	693475105	687,999	4,425	SH		DFND	2	4,425	0	0
POPULAR INC	COM NEW	733174700	448,340	5,070	SH		DFND	2	5,070	0	0
PROCTER AND GAMBLE CO	COM	742718109	50,216,326	304,489	SH		DFND	2	304,489	0	0
PROCTER AND GAMBLE CO	COM	742718109	488,988	2,965	SH		DFND		2,965	0	0
PROGRESSIVE CORP	COM	743315103	30,837,457	148,464	SH		DFND	2	148,464	0	0
PROLOGIS INC.	COM	74340W103	44,306,183	394,499	SH		DFND	2	394,499	0	0
PRUDENTIAL FINL INC	COM	744320102	5,359,802	45,736	SH		DFND	2	45,736	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	707,152	9,595	SH		DFND	2	9,595	0	0
QUALCOMM INC	COM	747525103	4,589,306	23,041	SH		DFND	2	23,041	0	0
REALTY INCOME CORP	COM	756109104	3,981,043	75,370	SH		DFND	2	75,370	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	10,283,278	9,784	SH		DFND	2	9,784	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	248,043	236	SH		DFND		236	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	3,120,628	44,346	SH		DFND	2	44,346	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	1,945,744	178,345	SH		DFND	2	178,345	0	0
RYANAIR HOLDINGS PLC	SPONSORED ADS	783513203	2,946,398	25,304	SH		DFND	2	25,304	0	0
RYDER SYS INC	COM	783549108	350,333	2,828	SH		DFND	2	2,828	0	0
S&P GLOBAL INC	COM	78409V104	3,452,040	7,740	SH		DFND	2	7,740	0	0
S&P GLOBAL INC	COM	78409V104	310,862	697	SH		DFND		697	0	0
SALESFORCE INC	COM	79466L302	5,197,277	20,215	SH		DFND	2	20,215	0	0
SALESFORCE INC	COM	79466L302	475,892	1,851	SH		DFND		1,851	0	0
SAVERS VALUE VLG INC	COM	80517M109	591,731	48,344	SH		DFND	2	48,344	0	0
SCHLUMBERGER LTD	COM STK	806857108	6,944,896	147,200	SH		DFND	2	147,200	0	0
SEA LTD	SPONSORD ADS	81141R100	39,617,602	554,713	SH		DFND	2	554,713	0	0
SEMPRA	COM	816851109	3,692,713	48,550	SH		DFND	2	48,550	0	0
SERVICENOW INC	COM	81762P102	15,110,357	19,208	SH		DFND	2	19,208	0	0
SHERWIN WILLIAMS CO	COM	824348106	5,980,239	20,039	SH		DFND	2	20,039	0	0
SHOPIFY INC	CL A	82509L107	8,722,035	132,052	SH		DFND	2	132,052	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	2,080,571	13,706	SH		DFND	2	13,706	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	908,062	8,520	SH		DFND	2	8,520	0	0
SNAP ON INC	COM	833034101	691,115	2,644	SH		DFND	2	2,644	0	0
SONOCO PRODS CO	COM	835495102	202,068	3,984	SH		DFND	2	3,984	0	0
SOUTHWEST AIRLS CO	COM	844741108	214,775	7,507	SH		DFND	2	7,507	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	84,041,174	154,425	SH		DFND	1	154,425	0	0
STAAR SURGICAL CO	COM PAR $0.01	852312305	1,753,619	36,833	SH		DFND	2	36,833	0	0
STANLEY BLACK & DECKER INC	COM	854502101	891,173	11,155	SH		DFND	2	11,155	0	0
STARBUCKS CORP	COM	855244109	2,972,157	38,178	SH		DFND	2	38,178	0	0
STARWOOD PPTY TR INC	COM	85571B105	799,173	42,195	SH		DFND	2	42,195	0	0
STATE STR CORP	COM	857477103	1,623,486	21,939	SH		DFND	2	21,939	0	0
SYNOPSYS INC	COM	871607107	6,812,842	11,449	SH		DFND	2	11,449	0	0
TAYLOR MORRISON HOME CORP	COM	87724P106	215,606	3,889	SH		DFND	2	3,889	0	0
TD SYNNEX CORPORATION	COM	87162W100	695,516	6,027	SH		DFND	2	6,027	0	0
TESLA INC	COM	88160R101	14,983,276	75,719	SH		DFND	2	75,719	0	0
TEXAS INSTRS INC	COM	882508104	73,194,441	376,263	SH		DFND	2	376,263	0	0
TEXAS INSTRS INC	COM	882508104	338,677	1,741	SH		DFND		1,741	0	0
THE CIGNA GROUP	COM	125523100	631,058	1,909	SH		DFND	2	1,909	0	0
THE TRADE DESK INC	COM CL A	88339J105	4,381,086	44,856	SH		DFND	2	44,856	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	9,603,951	17,367	SH		DFND	2	17,367	0	0
TJX COS INC NEW	COM	872540109	1,486,350	13,500	SH		DFND	2	13,500	0	0
TJX COS INC NEW	COM	872540109	417,499	3,792	SH		DFND		3,792	0	0
TOLL BROTHERS INC	COM	889478103	1,485,822	12,900	SH		DFND	2	12,900	0	0
TOPBUILD CORP	COM	89055F103	250,426	650	SH		DFND		650	0	0
TRANSDIGM GROUP INC	COM	893641100	4,079,409	3,193	SH		DFND	2	3,193	0	0
TRIP COM GROUP LTD	ADS	89677Q107	6,551,142	139,386	SH		DFND	2	139,386	0	0
TRUIST FINL CORP	COM	89832Q109	2,974,511	76,564	SH		DFND	2	76,564	0	0
TYSON FOODS INC	CL A	902494103	677,280	11,853	SH		DFND	2	11,853	0	0
UBER TECHNOLOGIES INC	COM	90353T100	1,920,060	26,418	SH		DFND	2	26,418	0	0
UFP INDUSTRIES INC	COM	90278Q108	495,600	4,425	SH		DFND	2	4,425	0	0
UGI CORP NEW	COM	902681105	276,380	12,069	SH		DFND	2	12,069	0	0
UNION PAC CORP	COM	907818108	723,806	3,199	SH		DFND	2	3,199	0	0
UNION PAC CORP	COM	907818108	333,734	1,475	SH		DFND		1,475	0	0
UNITED AIRLS HLDGS INC	COM	910047109	893,592	18,364	SH		DFND	2	18,364	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	2,955,549	21,597	SH		DFND	2	21,597	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	8,352,373	16,401	SH		DFND	2	16,401	0	0
UNUM GROUP	COM	91529Y106	1,107,656	21,672	SH		DFND	2	21,672	0	0
US BANCORP DEL	COM NEW	902973304	641,393	16,156	SH		DFND	2	16,156	0	0
VALE S A	SPONSORED ADS	91912E105	1,959,162	175,395	SH		DFND	2	175,395	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	5,695,368	138,103	SH		DFND	2	138,103	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	13,716,622	29,264	SH		DFND	2	29,264	0	0
VIATRIS INC	COM	92556V106	2,176,333	204,735	SH		DFND	2	204,735	0	0
VICI PPTYS INC	COM	925652109	5,911,812	206,418	SH		DFND	2	206,418	0	0
VIPSHOP HLDGS LTD	SPONSORED ADS A	92763W103	2,419,077	185,797	SH		DFND	2	185,797	0	0
VISA INC	COM CL A	92826C839	60,016,653	228,661	SH		DFND	2	228,661	0	0
VISA INC	COM CL A	92826C839	586,620	2,235	SH		DFND		2,235	0	0
WABTEC	COM	929740108	4,575,864	28,952	SH		DFND	2	28,952	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,359,214	195,057	SH		DFND	2	195,057	0	0
WALMART INC	COM	931142103	2,075,379	30,651	SH		DFND	2	30,651	0	0
WARBY PARKER INC	CL A COM	93403J106	2,612,159	162,650	SH		DFND	2	162,650	0	0
WATERS CORP	COM	941848103	2,383,626	8,216	SH		DFND	2	8,216	0	0
WATSCO INC	COM	942622200	5,354,128	11,558	SH		DFND	2	11,558	0	0
WELLS FARGO CO NEW	COM	949746101	4,258,204	71,699	SH		DFND	2	71,699	0	0
WELLTOWER INC	COM	95040Q104	1,376,100	13,200	SH		DFND	2	13,200	0	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	30,237,366	1,065,071	SH		DFND	2	1,065,071	0	0
WHIRLPOOL CORP	COM	963320106	949,847	9,294	SH		DFND	2	9,294	0	0
WORKDAY INC	CL A	98138H101	4,813,917	21,533	SH		DFND	2	21,533	0	0
WP CAREY INC	COM	92936U109	262,754	4,773	SH		DFND	2	4,773	0	0
XYLEM INC	COM	98419M100	235,454	1,736	SH		DFND		1,736	0	0
YETI HLDGS INC	COM	98585X104	1,781,910	46,708	SH		DFND	2	46,708	0	0
YUM BRANDS INC	COM	988498101	2,029,817	15,324	SH		DFND	2	15,324	0	0
ZOETIS INC	CL A	98978V103	3,360,410	19,384	SH		DFND	2	19,384	0	0