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	260,373,974	8,144,322	SH		DFND	3	8,144,322	0	0
3M CO	COM	88579Y101	262,440	2,033	SH		DFND	3	2,033	0	0
ABBOTT LABS	COM	002824100	5,888,167	52,057	SH		DFND	3	52,057	0	0
ABBOTT LABS	COM	002824100	367,608	3,250	SH		DFND		3,250	0	0
ABBVIE INC	COM	00287Y109	4,373,908	24,614	SH		DFND	3	24,614	0	0
ADOBE INC	COM	00724F101	923,156	2,076	SH		DFND	3	2,076	0	0
ADVANCED DRAIN SYS INC DEL	COM	00790R104	3,279,572	28,370	SH		DFND	3	28,370	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	2,422,564	20,056	SH		DFND	3	20,056	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	322,509	2,670	SH		DFND		2,670	0	0
AGCO CORP	COM	001084102	367,376	3,930	SH		DFND	3	3,930	0	0
AGNC INVT CORP	COM	00123Q104	1,242,549	134,913	SH		DFND	3	134,913	0	0
AIR LEASE CORP	CL A	00912X302	1,534,910	31,838	SH		DFND	3	31,838	0	0
AIR PRODS & CHEMS INC	COM	009158106	225,651	778	SH		DFND		778	0	0
AIRBNB INC	COM CL A	009066101	3,613,906	27,501	SH		DFND	3	27,501	0	0
ALNYLAM PHARMACEUTICALS INC	COM	02043Q107	5,376,363	22,848	SH		DFND	3	22,848	0	0
ALPHABET INC	CAP STK CL C	02079K107	19,547,904	102,646	SH		DFND	3	102,646	0	0
ALPHABET INC	CAP STK CL A	02079K305	30,315,449	160,145	SH		DFND	3	160,145	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,438,491	7,599	SH		DFND		7,599	0	0
AMAZON COM INC	COM	023135106	41,408,327	188,743	SH		DFND	3	188,743	0	0
AMAZON COM INC	COM	023135106	1,320,289	6,018	SH		DFND		6,018	0	0
AMERICA MOVIL SAB DE CV	SPON ADS RP CL B	02390A101	2,360,778	164,974	SH		DFND	3	164,974	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	279,916	3,845	SH		DFND	3	3,845	0	0
ANALOG DEVICES INC	COM	032654105	1,423,482	6,700	SH		DFND	3	6,700	0	0
ANNALY CAPITAL MANAGEMENT IN	COM NEW	035710839	935,075	51,097	SH		DFND	3	51,097	0	0
APPLE INC	COM	037833100	47,046,906	187,872	SH		DFND	3	187,872	0	0
APPLE INC	COM	037833100	1,964,545	7,845	SH		DFND		7,845	0	0
APPLIED MATLS INC	COM	038222105	1,171,587	7,204	SH		DFND	3	7,204	0	0
APPLOVIN CORP	COM CL A	03831W108	448,828	1,386	SH		DFND	3	1,386	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	1,003,024	19,854	SH		DFND	3	19,854	0	0
ARISTA NETWORKS INC	COM SHS	040413205	4,179,581	37,814	SH		DFND	3	37,814	0	0
ARROW ELECTRS INC	COM	042735100	375,785	3,322	SH		DFND	3	3,322	0	0
AT&T INC	COM	00206R102	7,410,178	325,436	SH		DFND	3	325,436	0	0
ATLASSIAN CORPORATION	CL A	049468101	2,530,909	10,399	SH		DFND	3	10,399	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	42,540,402	145,323	SH		DFND	3	145,323	0	0
AVNET INC	COM	053807103	1,394,276	26,649	SH		DFND	3	26,649	0	0
BAKER HUGHES COMPANY	CL A	05722G100	218,555	5,328	SH		DFND	3	5,328	0	0
BAKER HUGHES COMPANY	CL A	05722G100	286,730	6,990	SH		DFND		6,990	0	0
BANCOLOMBIA S A	SPON ADR PREF	05968L102	247,070	7,841	SH		DFND	3	7,841	0	0
BANK AMERICA CORP	COM	060505104	12,700,144	288,968	SH		DFND	3	288,968	0	0
BANK NEW YORK MELLON CORP	COM	064058100	1,615,274	21,024	SH		DFND	3	21,024	0	0
BAOZUN INC	SPONSORED ADR	06684L103	1,085,329	399,018	SH		DFND	3	399,018	0	0
BECTON DICKINSON & CO	COM	075887109	320,567	1,413	SH		DFND	3	1,413	0	0
BEIGENE LTD	SPONSORED ADR	07725L102	4,541,465	24,587	SH		DFND	3	24,587	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	243,530	3,705	SH		DFND		3,705	0	0
BLACKROCK INC	COM	09290D101	3,622,739	3,534	SH		DFND	3	3,534	0	0
BLACKSTONE INC	COM	09260D107	6,246,604	36,229	SH		DFND	3	36,229	0	0
BOEING CO	COM	097023105	2,846,160	16,080	SH		DFND	3	16,080	0	0
BOOKING HOLDINGS INC	COM	09857L108	12,172,629	2,450	SH		DFND	3	2,450	0	0
BOOKING HOLDINGS INC	COM	09857L108	313,010	63	SH		DFND		63	0	0
BORGWARNER INC	COM	099724106	1,599,037	50,300	SH		DFND	3	50,300	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	8,242,360	92,279	SH		DFND	3	92,279	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	360,228	4,033	SH		DFND		4,033	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,342,961	23,744	SH		DFND	3	23,744	0	0
BROADCOM INC	COM	11135F101	49,918,630	215,315	SH		DFND	3	215,315	0	0
BROADCOM INC	COM	11135F101	623,186	2,688	SH		DFND		2,688	0	0
BROOKFIELD ASSET MANAGMT LTD	CL A LMT VTG SHS	113004105	2,685,169	49,551	SH		DFND	3	49,551	0	0
CAPITAL ONE FINL CORP	COM	14040H105	1,842,759	10,334	SH		DFND	3	10,334	0	0
CARLISLE COS INC	COM	142339100	2,756,710	7,474	SH		DFND	3	7,474	0	0
CARRIER GLOBAL CORPORATION	COM	14448C104	11,640,924	170,538	SH		DFND	3	170,538	0	0
CATERPILLAR INC	COM	149123101	13,535,301	37,312	SH		DFND	3	37,312	0	0
CENTENE CORP DEL	COM	15135B101	411,399	6,791	SH		DFND	3	6,791	0	0
CHEVRON CORP NEW	COM	166764100	5,116,763	35,327	SH		DFND	3	35,327	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	1,878,104	31,146	SH		DFND	3	31,146	0	0
CHORD ENERGY CORPORATION	COM NEW	674215207	381,393	3,262	SH		DFND	3	3,262	0	0
CIENA CORP	COM NEW	171779309	254,006	2,995	SH		DFND		2,995	0	0
CINTAS CORP	COM	172908105	2,429,910	13,300	SH		DFND	3	13,300	0	0
CISCO SYS INC	COM	17275R102	1,904,168	32,165	SH		DFND	3	32,165	0	0
CISCO SYS INC	COM	17275R102	312,754	5,283	SH		DFND		5,283	0	0
CITIGROUP INC	COM NEW	172967424	7,059,976	100,298	SH		DFND	3	100,298	0	0
CITIZENS FINL GROUP INC	COM	174610105	1,047,264	23,932	SH		DFND	3	23,932	0	0
CIVITAS RESOURCES INC	COM NEW	17888H103	1,205,326	26,277	SH		DFND	3	26,277	0	0
CLOUDFLARE INC	CL A COM	18915M107	4,625,287	42,954	SH		DFND	3	42,954	0	0
CME GROUP INC	COM	12572Q105	3,282,571	14,135	SH		DFND	3	14,135	0	0
COCA COLA CO	COM	191216100	1,432,976	23,016	SH		DFND	3	23,016	0	0
COGNEX CORP	COM	192422103	3,097,981	86,391	SH		DFND	3	86,391	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	233,315	3,034	SH		DFND	3	3,034	0	0
COLGATE PALMOLIVE CO	COM	194162103	39,740,670	437,143	SH		DFND	3	437,143	0	0
COLUMBIA BKG SYS INC	COM	197236102	295,841	10,953	SH		DFND	3	10,953	0	0
COMCAST CORP NEW	CL A	20030N101	3,639,247	96,969	SH		DFND	3	96,969	0	0
CONAGRA BRANDS INC	COM	205887102	393,967	14,197	SH		DFND	3	14,197	0	0
CONOCOPHILLIPS	COM	20825C104	2,045,877	20,630	SH		DFND	3	20,630	0	0
CONSOLIDATED EDISON INC	COM	209115104	252,342	2,828	SH		DFND	3	2,828	0	0
COPART INC	COM	217204106	4,938,008	86,043	SH		DFND	3	86,043	0	0
CORTEVA INC	COM	22052L104	2,454,805	43,097	SH		DFND	3	43,097	0	0
COSTCO WHSL CORP NEW	COM	22160K105	13,104,494	14,302	SH		DFND	3	14,302	0	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	264,148	772	SH		DFND	3	772	0	0
CSX CORP	COM	126408103	235,506	7,298	SH		DFND	3	7,298	0	0
CVS HEALTH CORP	COM	126650100	1,263,070	28,137	SH		DFND	3	28,137	0	0
D R HORTON INC	COM	23331A109	651,841	4,662	SH		DFND	3	4,662	0	0
DANAHER CORPORATION	COM	235851102	38,667,468	168,449	SH		DFND	3	168,449	0	0
DANAHER CORPORATION	COM	235851102	372,101	1,621	SH		DFND		1,621	0	0
DEERE & CO	COM	244199105	80,097,519	189,043	SH		DFND	3	189,043	0	0
DELL TECHNOLOGIES INC	CL C	24703L202	1,917,133	16,636	SH		DFND	3	16,636	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	5,491,706	90,772	SH		DFND	3	90,772	0	0
DISCOVER FINL SVCS	COM	254709108	1,853,561	10,700	SH		DFND	3	10,700	0	0
DISNEY WALT CO	COM	254687106	1,757,771	15,786	SH		DFND	3	15,786	0	0
DOORDASH INC	CL A	25809K105	361,669	2,156	SH		DFND	3	2,156	0	0
DOW INC	COM	260557103	225,290	5,614	SH		DFND	3	5,614	0	0
DR REDDYS LABS LTD	ADR	256135203	2,291,919	145,150	SH		DFND	3	145,150	0	0
EASTMAN CHEM CO	COM	277432100	1,461,120	16,000	SH		DFND	3	16,000	0	0
ECOLAB INC	COM	278865100	309,068	1,319	SH		DFND		1,319	0	0
EDISON INTL	COM	281020107	1,096,682	13,736	SH		DFND	3	13,736	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	68,916,970	930,933	SH		DFND	3	930,933	0	0
ELECTRONIC ARTS INC	COM	285512109	3,836,279	26,222	SH		DFND	3	26,222	0	0
ELEVANCE HEALTH INC	COM	036752103	464,814	1,260	SH		DFND	3	1,260	0	0
ELI LILLY & CO	COM	532457108	20,246,472	26,226	SH		DFND	3	26,226	0	0
ELI LILLY & CO	COM	532457108	358,208	464	SH		DFND		464	0	0
EMERSON ELEC CO	COM	291011104	306,231	2,471	SH		DFND	3	2,471	0	0
EQUIFAX INC	COM	294429105	2,212,098	8,680	SH		DFND	3	8,680	0	0
EQUINIX INC	COM	29444U700	1,933,867	2,051	SH		DFND	3	2,051	0	0
EXACT SCIENCES CORP	COM	30063P105	1,718,403	30,582	SH		DFND	3	30,582	0	0
EXELON CORP	COM	30161N101	2,596,520	68,983	SH		DFND	3	68,983	0	0
EXXON MOBIL CORP	COM	30231G102	7,317,772	68,028	SH		DFND	3	68,028	0	0
EXXON MOBIL CORP	COM	30231G102	503,858	4,684	SH		DFND		4,684	0	0
F N B CORP	COM	302520101	544,421	36,835	SH		DFND	3	36,835	0	0
FEDEX CORP	COM	31428X106	3,827,213	13,604	SH		DFND	3	13,604	0	0
FIRST SOLAR INC	COM	336433107	185,581	1,053	SH		DFND	3	1,053	0	0
FIRST SOLAR INC	COM	336433107	254,138	1,442	SH		DFND		1,442	0	0
FORD MTR CO	COM	345370860	1,195,999	120,808	SH		DFND	3	120,808	0	0
FORTIVE CORP	COM	34959J108	235,050	3,134	SH		DFND		3,134	0	0
FRANKLIN RESOURCES INC	COM	354613101	287,611	14,175	SH		DFND	3	14,175	0	0
FRANKLIN TEMPLETON ETF TR	FTSE JAPAN HDG	35473P637	3,968,208	126,618	SH		DFND	2	126,618	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	2,100,455	55,159	SH		DFND	3	55,159	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	5,597,238	19,719	SH		DFND	3	19,719	0	0
GE AEROSPACE	COM NEW	369604301	6,834,721	40,978	SH		DFND	3	40,978	0	0
GE VERNOVA INC	COM	36828A101	4,323,785	13,145	SH		DFND	3	13,145	0	0
GENERAL MTRS CO	COM	37045V100	3,136,218	58,874	SH		DFND	3	58,874	0	0
GERDAU SA	SPON ADR REP PFD	373737105	1,302,443	452,237	SH		DFND	3	452,237	0	0
GILEAD SCIENCES INC	COM	375558103	1,379,361	14,933	SH		DFND	3	14,933	0	0
GLOBAL PMTS INC	COM	37940X102	349,403	3,118	SH		DFND	3	3,118	0	0
GLOBE LIFE INC	COM	37959E102	271,440	2,434	SH		DFND	3	2,434	0	0
GODADDY INC	CL A	380237107	3,434,041	17,399	SH		DFND	3	17,399	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	4,502,511	7,863	SH		DFND	3	7,863	0	0
H WORLD GROUP LTD	SPONSORED ADS	44332N106	9,733,379	294,683	SH		DFND	3	294,683	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	1,763,044	86,978	SH		DFND	3	86,978	0	0
HEICO CORP NEW	COM	422806109	3,723,484	15,662	SH		DFND	3	15,662	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	1,243,851	58,260	SH		DFND	3	58,260	0	0
HF SINCLAIR CORP	COM	403949100	255,409	7,287	SH		DFND	3	7,287	0	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	5,058,129	20,465	SH		DFND	3	20,465	0	0
HOLOGIC INC	COM	436440101	223,623	3,102	SH		DFND		3,102	0	0
HOME DEPOT INC	COM	437076102	52,146,443	134,056	SH		DFND	3	134,056	0	0
HOME DEPOT INC	COM	437076102	431,001	1,108	SH		DFND		1,108	0	0
HONEYWELL INTL INC	COM	438516106	849,121	3,759	SH		DFND	3	3,759	0	0
HOWMET AEROSPACE INC	COM	443201108	3,009,534	27,517	SH		DFND	3	27,517	0	0
HP INC	COM	40434L105	387,285	11,869	SH		DFND	3	11,869	0	0
HUBBELL INC	COM	443510607	2,010,672	4,800	SH		DFND	3	4,800	0	0
HUTCHMED CHINA LTD	SPONSORED ADS	44842L103	4,545,476	315,439	SH		DFND	3	315,439	0	0
ICICI BANK LIMITED	ADR	45104G104	3,710,344	124,258	SH		DFND	3	124,258	0	0
ILLUMINA INC	COM	452327109	8,188,846	61,280	SH		DFND	3	61,280	0	0
INCYTE CORP	COM	45337C102	2,141,170	31,000	SH		DFND	3	31,000	0	0
INGERSOLL RAND INC	COM	45687V106	3,726,862	41,199	SH		DFND	3	41,199	0	0
INSPIRE MED SYS INC	COM	457730109	2,181,181	11,766	SH		DFND	3	11,766	0	0
INTEL CORP	COM	458140100	665,600	33,197	SH		DFND	3	33,197	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	3,923,966	17,850	SH		DFND	3	17,850	0	0
INTUIT	COM	461202103	845,333	1,345	SH		DFND	3	1,345	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	9,673,485	18,533	SH		DFND	3	18,533	0	0
ISHARES TR	CORE S&P500 ETF	464287200	100,072,068	169,994	SH		DFND	1	169,994	0	0
ISHARES TR	CORE S&P500 ETF	464287200	1,003,033,603	1,703,869	SH		DFND	2	1,703,869	0	0
ISHARES TR	20 YR TR BD ETF	464287432	171,720,996	1,966,346	SH		DFND	2	1,966,346	0	0
ISHARES TR	7-10 YR TRSY BD	464287440	41,700,035	451,055	SH		DFND	2	451,055	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	29,053,302	354,395	SH		DFND	2	354,395	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	1,675,794	31,835	SH		DFND		31,835	0	0
ISHARES TR	CORE MSCI EURO	46434V738	29,590,217	548,170	SH		DFND	2	548,170	0	0
ITT INC	COM	45073V108	236,181	1,653	SH		DFND		1,653	0	0
J P MORGAN EXCHANGE TRADED F	BETABULDRS JAPAN	46641Q217	41,313,507	752,660	SH		DFND	2	752,660	0	0
J P MORGAN EXCHANGE TRADED F	BETABUILDERS DEV	46641Q233	16,064,051	329,519	SH		DFND	2	329,519	0	0
JD.COM INC	SPON ADS CL A	47215P106	299,549	8,640	SH		DFND	3	8,640	0	0
JOHNSON & JOHNSON	COM	478160104	6,978,204	48,252	SH		DFND	3	48,252	0	0
JPMORGAN CHASE & CO.	COM	46625H100	22,059,792	92,027	SH		DFND	3	92,027	0	0
KILROY RLTY CORP	COM	49427F108	463,678	11,463	SH		DFND	3	11,463	0	0
KINDER MORGAN INC DEL	COM	49456B101	2,776,497	101,332	SH		DFND	3	101,332	0	0
KLA CORP	COM NEW	482480100	252,048	400	SH		DFND	3	400	0	0
KRAFT HEINZ CO	COM	500754106	3,654,398	118,997	SH		DFND	3	118,997	0	0
KROGER CO	COM	501044101	764,314	12,499	SH		DFND	3	12,499	0	0
LAM RESEARCH CORP	COM NEW	512807306	384,914	5,329	SH		DFND	3	5,329	0	0
LENNAR CORP	CL A	526057104	852,176	6,249	SH		DFND	3	6,249	0	0
LINEAGE INC	COM	53566V106	2,300,454	39,277	SH		DFND	3	39,277	0	0
LKQ CORP	COM	501889208	358,349	9,751	SH		DFND	3	9,751	0	0
LULULEMON ATHLETICA INC	COM	550021109	1,871,897	4,895	SH		DFND	3	4,895	0	0
M & T BK CORP	COM	55261F104	327,513	1,742	SH		DFND	3	1,742	0	0
MACYS INC	COM	55616P104	297,816	17,591	SH		DFND	3	17,591	0	0
MARKETAXESS HLDGS INC	COM	57060D108	4,361,668	19,296	SH		DFND	3	19,296	0	0
MARRIOTT INTL INC NEW	CL A	571903202	49,881,167	178,824	SH		DFND	3	178,824	0	0
MARSH & MCLENNAN COS INC	COM	571748102	4,690,225	22,081	SH		DFND	3	22,081	0	0
MARVELL TECHNOLOGY INC	COM	573874104	639,947	5,794	SH		DFND	3	5,794	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	16,243,631	30,848	SH		DFND	3	30,848	0	0
MCDONALDS CORP	COM	580135101	5,859,257	20,212	SH		DFND	3	20,212	0	0
MERCADOLIBRE INC	COM	58733R102	16,176,286	9,513	SH		DFND	3	9,513	0	0
MERCK & CO INC	COM	58933Y105	54,309,614	545,935	SH		DFND	3	545,935	0	0
META PLATFORMS INC	CL A	30303M102	54,460,627	93,014	SH		DFND	3	93,014	0	0
METLIFE INC	COM	59156R108	1,343,651	16,410	SH		DFND	3	16,410	0	0
METTLER TOLEDO INTERNATIONAL	COM	592688105	2,760,622	2,256	SH		DFND	3	2,256	0	0
MICRON TECHNOLOGY INC	COM	595112103	901,185	10,708	SH		DFND	3	10,708	0	0
MICRON TECHNOLOGY INC	COM	595112103	223,866	2,660	SH		DFND		2,660	0	0
MICROSOFT CORP	COM	594918104	182,210,657	432,291	SH		DFND	3	432,291	0	0
MICROSOFT CORP	COM	594918104	1,899,279	4,506	SH		DFND		4,506	0	0
MODERNA INC	COM	60770K107	1,980,871	47,640	SH		DFND	3	47,640	0	0
MOLSON COORS BEVERAGE CO	CL B	60871R209	1,795,262	31,320	SH		DFND	3	31,320	0	0
MONDELEZ INTL INC	CL A	609207105	1,708,935	28,611	SH		DFND	3	28,611	0	0
MONDELEZ INTL INC	CL A	609207105	315,673	5,285	SH		DFND		5,285	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	3,954,352	75,235	SH		DFND	3	75,235	0	0
MORGAN STANLEY	COM NEW	617446448	1,564,585	12,445	SH		DFND	3	12,445	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	6,193,420	13,399	SH		DFND	3	13,399	0	0
MSA SAFETY INC	COM	553498106	3,618,593	21,829	SH		DFND	3	21,829	0	0
MUELLER INDS INC	COM	624756102	515,919	6,501	SH		DFND	3	6,501	0	0
NETFLIX INC	COM	64110L106	20,851,540	23,394	SH		DFND	3	23,394	0	0
NEUROCRINE BIOSCIENCES INC	COM	64125C109	232,187	1,701	SH		DFND		1,701	0	0
NEW ORIENTAL ED & TECHNOLOGY	SPON ADR	647581206	5,329,058	83,033	SH		DFND	3	83,033	0	0
NEW YORK TIMES CO	CL A	650111107	4,417,484	84,870	SH		DFND	3	84,870	0	0
NEWMONT CORP	COM	651639106	744,139	19,993	SH		DFND	3	19,993	0	0
NIKE INC	CL B	654106103	4,827,746	63,800	SH		DFND	3	63,800	0	0
NORTHERN TR CORP	COM	665859104	56,615,158	552,343	SH		DFND	3	552,343	0	0
NORTHROP GRUMMAN CORP	COM	666807102	3,499,965	7,458	SH		DFND	3	7,458	0	0
NVIDIA CORPORATION	COM	67066G104	57,143,887	425,526	SH		DFND	3	425,526	0	0
NVIDIA CORPORATION	COM	67066G104	1,876,031	13,970	SH		DFND		13,970	0	0
ON SEMICONDUCTOR CORP	COM	682189105	1,554,561	24,656	SH		DFND	3	24,656	0	0
ONEMAIN HLDGS INC	COM	68268W103	254,499	4,882	SH		DFND	3	4,882	0	0
ONEOK INC NEW	COM	682680103	703,503	7,007	SH		DFND	3	7,007	0	0
ORACLE CORP	COM	68389X105	3,858,716	23,156	SH		DFND	3	23,156	0	0
PACCAR INC	COM	693718108	1,688,037	16,228	SH		DFND	3	16,228	0	0
PALANTIR TECHNOLOGIES INC	CL A	69608A108	2,777,209	36,721	SH		DFND	3	36,721	0	0
PALO ALTO NETWORKS INC	COM	697435105	224,539	1,234	SH		DFND	3	1,234	0	0
PALO ALTO NETWORKS INC	COM	697435105	307,512	1,690	SH		DFND		1,690	0	0
PAYPAL HLDGS INC	COM	70450Y103	2,065,214	24,197	SH		DFND	3	24,197	0	0
PEPSICO INC	COM	713448108	3,269,290	21,500	SH		DFND	3	21,500	0	0
PFIZER INC	COM	717081103	5,093,866	192,004	SH		DFND	3	192,004	0	0
PILGRIMS PRIDE CORP	COM	72147K108	237,208	5,226	SH		DFND	3	5,226	0	0
PNC FINL SVCS GROUP INC	COM	693475105	680,761	3,530	SH		DFND	3	3,530	0	0
POPULAR INC	COM NEW	733174700	336,170	3,574	SH		DFND	3	3,574	0	0
PROCTER AND GAMBLE CO	COM	742718109	52,671,942	314,178	SH		DFND	3	314,178	0	0
PROCTER AND GAMBLE CO	COM	742718109	473,779	2,826	SH		DFND		2,826	0	0
PROGRESSIVE CORP	COM	743315103	32,986,869	137,669	SH		DFND	3	137,669	0	0
PROLOGIS INC.	COM	74340W103	44,682,350	422,728	SH		DFND	3	422,728	0	0
PRUDENTIAL FINL INC	COM	744320102	2,296,993	19,379	SH		DFND	3	19,379	0	0
PULTE GROUP INC	COM	745867101	611,147	5,612	SH		DFND	3	5,612	0	0
PVH CORPORATION	COM	693656100	393,284	3,719	SH		DFND	3	3,719	0	0
QUALCOMM INC	COM	747525103	3,901,948	25,400	SH		DFND	3	25,400	0	0
REALTY INCOME CORP	COM	756109104	851,569	15,944	SH		DFND	3	15,944	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	9,379,249	13,167	SH		DFND	3	13,167	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	308,439	433	SH		DFND		433	0	0
REINSURANCE GRP OF AMERICA I	COM NEW	759351604	652,853	3,056	SH		DFND	3	3,056	0	0
RESTAURANT BRANDS INTL INC	COM	76131D103	3,687,559	56,575	SH		DFND	3	56,575	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	1,699,075	156,886	SH		DFND	3	156,886	0	0
RYANAIR HOLDINGS PLC	SPONSORED ADR	783513203	2,735,011	62,744	SH		DFND	3	62,744	0	0
RYDER SYS INC	COM	783549108	579,284	3,693	SH		DFND	3	3,693	0	0
S&P GLOBAL INC	COM	78409V104	5,964,407	11,976	SH		DFND	3	11,976	0	0
S&P GLOBAL INC	COM	78409V104	291,846	586	SH		DFND		586	0	0
SALESFORCE INC	COM	79466L302	9,829,636	29,401	SH		DFND	3	29,401	0	0
SALESFORCE INC	COM	79466L302	350,378	1,048	SH		DFND		1,048	0	0
SAVERS VALUE VLG INC	COM	80517M109	1,014,678	98,993	SH		DFND	3	98,993	0	0
SCHLUMBERGER LTD	COM STK	806857108	3,814,715	99,497	SH		DFND	3	99,497	0	0
SCHWAB CHARLES CORP	COM	808513105	273,541	3,696	SH		DFND	3	3,696	0	0
SEA LTD	SPONSORD ADS	81141R100	52,305,815	492,986	SH		DFND	3	492,986	0	0
SEMPRA	COM	816851109	4,688,108	53,444	SH		DFND	3	53,444	0	0
SERVICENOW INC	COM	81762P102	47,607,869	44,908	SH		DFND	3	44,908	0	0
SHERWIN WILLIAMS CO	COM	824348106	5,751,956	16,921	SH		DFND	3	16,921	0	0
SHOPIFY INC	CL A	82509L107	17,897,678	168,322	SH		DFND	3	168,322	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	492,351	5,552	SH		DFND	3	5,552	0	0
SM ENERGY CO	COM	78454L100	252,056	6,503	SH		DFND	3	6,503	0	0
SNAP ON INC	COM	833034101	705,439	2,078	SH		DFND	3	2,078	0	0
SPDR DOW JONES INDL AVERAGE	UT SER 1	78467X109	151,509,913	356,075	SH		DFND	2	356,075	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	94,751,554	161,670	SH		DFND	2	161,670	0	0
STAAR SURGICAL CO	COM PAR $0.01	852312305	894,674	36,833	SH		DFND	3	36,833	0	0
STANLEY BLACK & DECKER INC	COM	854502101	345,488	4,303	SH		DFND	3	4,303	0	0
STARBUCKS CORP	COM	855244109	8,277,926	90,717	SH		DFND	3	90,717	0	0
STARWOOD PPTY TR INC	COM	85571B105	714,832	37,722	SH		DFND	3	37,722	0	0
STATE STR CORP	COM	857477103	1,957,896	19,948	SH		DFND	3	19,948	0	0
STRYKER CORPORATION	COM	863667101	294,881	819	SH		DFND	3	819	0	0
SYNCHRONY FINANCIAL	COM	87165B103	860,405	13,237	SH		DFND	3	13,237	0	0
SYNOPSYS INC	COM	871607107	6,399,957	13,186	SH		DFND	3	13,186	0	0
T-MOBILE US INC	COM	872590104	343,014	1,554	SH		DFND	3	1,554	0	0
TAYLOR MORRISON HOME CORP	COM	87724P106	523,468	8,552	SH		DFND	3	8,552	0	0
TD SYNNEX CORPORATION	COM	87162W100	924,401	7,882	SH		DFND	3	7,882	0	0
TESLA INC	COM	88160R101	42,898,308	106,226	SH		DFND	3	106,226	0	0
TEXAS INSTRS INC	COM	882508104	58,335,111	311,104	SH		DFND	3	311,104	0	0
TEXAS INSTRS INC	COM	882508104	206,636	1,102	SH		DFND		1,102	0	0
THE CIGNA GROUP	COM	125523100	1,037,458	3,757	SH		DFND	3	3,757	0	0
THE TRADE DESK INC	COM CL A	88339J105	5,535,075	47,095	SH		DFND	3	47,095	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	9,761,596	18,764	SH		DFND	3	18,764	0	0
TJX COS INC NEW	COM	872540109	148,234	1,227	SH		DFND	3	1,227	0	0
TJX COS INC NEW	COM	872540109	312,415	2,586	SH		DFND		2,586	0	0
TOLL BROTHERS INC	COM	889478103	327,722	2,602	SH		DFND	3	2,602	0	0
TRANSDIGM GROUP INC	COM	893641100	4,046,425	3,193	SH		DFND	3	3,193	0	0
TRIP COM GROUP LTD	ADS	89677Q107	8,589,229	125,098	SH		DFND	3	125,098	0	0
TRUIST FINL CORP	COM	89832Q109	1,415,446	32,629	SH		DFND	3	32,629	0	0
TWILIO INC	CL A	90138F102	434,914	4,024	SH		DFND	3	4,024	0	0
TYSON FOODS INC	CL A	902494103	882,853	15,370	SH		DFND	3	15,370	0	0
UBER TECHNOLOGIES INC	COM	90353T100	4,159,245	68,953	SH		DFND	3	68,953	0	0
UFP INDUSTRIES INC	COM	90278Q108	480,903	4,269	SH		DFND	3	4,269	0	0
UGI CORP NEW	COM	902681105	509,467	18,047	SH		DFND	3	18,047	0	0
UL SOLUTIONS INC	CLASS A COM SHS	903731107	1,525,231	30,578	SH		DFND	3	30,578	0	0
UNION PAC CORP	COM	907818108	296,908	1,302	SH		DFND	3	1,302	0	0
UNION PAC CORP	COM	907818108	312,187	1,369	SH		DFND		1,369	0	0
UNITED AIRLS HLDGS INC	COM	910047109	320,139	3,297	SH		DFND	3	3,297	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	441,854	3,504	SH		DFND	3	3,504	0	0
UNITED THERAPEUTICS CORP DEL	COM	91307C102	214,527	608	SH		DFND	3	608	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	12,132,040	23,983	SH		DFND	3	23,983	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	314,164	1,751	SH		DFND	3	1,751	0	0
UNUM GROUP	COM	91529Y106	733,367	10,042	SH		DFND	3	10,042	0	0
US BANCORP DEL	COM NEW	902973304	470,312	9,833	SH		DFND	3	9,833	0	0
VALE S A	SPONSORED ADS	91912E105	1,069,873	120,617	SH		DFND	3	120,617	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	3,085,908	77,167	SH		DFND	3	77,167	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	12,046,771	29,915	SH		DFND	3	29,915	0	0
VERTIV HOLDINGS CO	COM CL A	92537N108	241,648	2,127	SH		DFND	3	2,127	0	0
VIATRIS INC	COM	92556V106	2,160,884	173,565	SH		DFND	3	173,565	0	0
VICI PPTYS INC	COM	925652109	3,900,265	133,525	SH		DFND	3	133,525	0	0
VISA INC	COM CL A	92826C839	79,907,554	252,840	SH		DFND	3	252,840	0	0
VISA INC	COM CL A	92826C839	516,725	1,635	SH		DFND		1,635	0	0
VOYA FINANCIAL INC	COM	929089100	217,985	3,167	SH		DFND	3	3,167	0	0
WABTEC	COM	929740108	5,888,476	31,059	SH		DFND	3	31,059	0	0
WALMART INC	COM	931142103	5,798,934	64,183	SH		DFND	3	64,183	0	0
WALMART INC	COM	931142103	424,464	4,698	SH		DFND		4,698	0	0
WARBY PARKER INC	CL A COM	93403J106	4,168,139	172,166	SH		DFND	3	172,166	0	0
WATSCO INC	COM	942622200	2,359,498	4,979	SH		DFND	3	4,979	0	0
WELLS FARGO CO NEW	COM	949746101	4,442,188	63,243	SH		DFND	3	63,243	0	0
WELLTOWER INC	COM	95040Q104	1,537,566	12,200	SH		DFND	3	12,200	0	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	34,988,789	1,242,941	SH		DFND	3	1,242,941	0	0
WORKDAY INC	CL A	98138H101	6,053,900	23,462	SH		DFND	3	23,462	0	0
WP CAREY INC	COM	92936U109	244,724	4,492	SH		DFND	3	4,492	0	0
XYLEM INC	COM	98419M100	234,012	2,017	SH		DFND		2,017	0	0
YETI HLDGS INC	COM	98585X104	1,903,973	49,441	SH		DFND	3	49,441	0	0
YUM BRANDS INC	COM	988498101	2,726,400	20,322	SH		DFND	3	20,322	0	0
ZOETIS INC	CL A	98978V103	3,970,115	24,367	SH		DFND	3	24,367	0	0