Cumberland Partners 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
Abbott Laboratories	COM	002824100	42	500	SH		DFND	1	500	0	0
Abbott Laboratories	COM	002824100	360	4,300	SH		DFND	2	4,300	0	0
Accenture PLC Cl-A	SHS CLASS A	G1151C101	2,341	12,171	SH		DFND	1	12,171	0	0
Accenture PLC Cl-A	SHS CLASS A	G1151C101	6,577	33,740	SH		DFND	2	32,610	0	0
Alibaba Group ADR	SPONSORED ADS	01609W102	622	3,720	SH		DFND	1	3,720	0	0
Alibaba Group ADR	SPONSORED ADS	01609W102	5,796	33,660	SH		DFND	2	13,820	0	0
Alphabet Inc Cl A	CAP STK CL A	02079K305	1,520	1,245	SH		DFND	1	1,245	0	0
Alphabet Inc Cl A	CAP STK CL A	02079K305	6,580	5,388	SH		DFND	2	5,388	0	0
Alphabet Inc Cl-C	CAP STK CL C	02079K107	22,923	18,805	SH		DFND	1	18,805	0	0
Alphabet Inc Cl-C	CAP STK CL C	02079K107	1,993	1,635	SH		DFND	2	1,635	0	0
Amazon.com Inc	COM	023135106	113	65	SH		DFND	1	65	0	0
Amazon.com Inc	COM	023135106	1,042	600	SH		DFND	2	600	0	0
American Intl Group New	COM NEW	026874784	7,842	140,797	SH		DFND	1	140,797	0	0
American Intl Group New	COM NEW	026874784	118	2,125	SH		DFND	2	2,125	0	0
American Tower Corp	COM	03027X100	38	171	SH		DFND	1	171	0	0
American Tower Corp	COM	03027X100	1,460	5,200	SH		DFND	2	1,450	0	0
Amgen Inc	COM	031162100	29	149	SH		DFND	1	149	0	0
Amgen Inc	COM	031162100	1,040	5,375	SH		DFND	2	1,825	0	0
ANHEUSER BUSCH INBEV	SPONSORED ADR	03524A108	2,995	31,476	SH		DFND	2	31,476	0	0
ANTHEM INC	COM	036752103	780	3,250	SH		DFND	2	3,250	0	0
Apollo Investment Corp-New	COM NEW	03761U502	250	15,519	SH		DFND	1	15,519	0	0
Apple Inc	COM	037833100	13,635	60,879	SH		DFND	1	60,879	0	0
Apple Inc	COM	037833100	384	1,715	SH		DFND	2	325	0	0
ASML HLDS NV NY	NY REGISTRY SHS	N07059210	869	3,500	SH		DFND	2	3,500	0	0
Automatc Data Proc	COM	053015103	2,401	14,875	SH		DFND	2	9,925	0	0
Bank of America	COM	060505104	8,393	287,725	SH		DFND	1	287,725	0	0
Bank of America	COM	060505104	80	2,750	SH		DFND	2	2,750	0	0
Bank of Montreal	COM	063671101	1,862	25,281	SH		DFND	1	25,281	0	0
Bank of Montreal	COM	063671101	494	6,700	SH		DFND	2	6,700	0	0
Bank of Nova Scotia	COM	064149107	37,982	668,627	SH		DFND	1	668,627	0	0
Bank of Nova Scotia	COM	064149107	5,043	88,745	SH		DFND	2	30,695	0	0
BAUSCH HEALTH COMPAN	COM	071734107	284	13,000	SH		DFND		13,000	0	0
Baxter International Inc	COM	071813109	17,742	202,833	SH		DFND	1	202,833	0	0
Baxter International Inc	COM	071813109	712	8,140	SH		DFND	2	3,750	0	0
BAYTEX ENERGY CORP	COM	07317Q105	630	425,379	SH		DFND	2	425,379	0	0
BCE Inc	COM NEW	05534B760	1,046	21,611	SH		DFND		21,611	0	0
BCE Inc	COM NEW	05534B760	1,491	30,822	SH		DFND	1	30,822	0	0
BCE Inc	COM NEW	05534B760	2,499	51,650	SH		DFND	2	18,775	0	0
Becton Dickinson & Co	COM	075887109	16,979	67,120	SH		DFND	1	67,120	0	0
Becton Dickinson & Co	COM	075887109	2,544	10,057	SH		DFND	2	6,027	0	0
Berkshire Hathaway B New	CL B NEW	084670702	343	1,647	SH		DFND	1	1,647	0	0
Berkshire Hathaway B New	CL B NEW	084670702	7	35	SH		DFND	2	35	0	0
BLACK KNIGHT INC	COM	09215C105	672	11,000	SH		DFND	2	11,000	0	0
Blackrock Inc	COM	09247X101	1,829	4,105	SH		DFND	1	4,105	0	0
Blackrock Inc	COM	09247X101	2,373	5,325	SH		DFND	2	1,725	0	0
Boeing Company	COM	097023105	2,803	7,366	SH		DFND	1	7,366	0	0
Boeing Company	COM	097023105	1,808	3,350	SH		DFND	2	1,500	0	0
Booking Holdings Inc	COM	09857L108	26	13	SH		DFND	1	13	0	0
Booking Holdings Inc	COM	09857L108	1,021	520	SH		DFND	2	520	0	0
BOSTON SCIENTIFIC	COM	101137107	549	13,500	SH		DFND	2	13,500	0	0
Brighthouse Financial Inc	COM	10922N103	14,811	365,985	SH		DFND	1	365,985	0	0
Brighthouse Financial Inc	COM	10922N103	114	2,825	SH		DFND	2	2,825	0	0
Broadcom Inc	COM	11135F101	30	110	SH		DFND	1	110	0	0
Broadcom Inc	COM	11135F101	3,057	11,075	SH		DFND	2	2,675	0	0
Broadridge Finl Solns Inc	COM	11133T103	1,036	8,325	SH		DFND	2	2,825	0	0
Brookfield Asset Mgt A LV	CL A LTD VT SH	112585104	3,387	63,750	SH		DFND	2	63,750	0	0
Brookfield Asset Mgt A LV	CL A LTD VT SH	112585104	40,387	760,485	SH		DFND	1	760,485	0	0
Brookfield Asset Mgt A LV	CL A LTD VT SH	112585104	1,173	22,078	SH		DFND	2	22,078	0	0
Brookfield Infra Ptnr LPU	LP INT UNIT	G16252101	159	3,218	SH		DFND	1	3,218	0	0
BRP INC	COM SUN VTG	05577W200	230	5,900	SH		DFND		5,900	0	0
CAMECO CORP	COM	13321L108	18	12,000	SH	Call	DFND	2	12,000	0	0
CAMECO CORP	COM	13321L108	618	65,000	SH		DFND	2	65,000	0	0
CANADA GOOSE HLDINGS	SHS SUB VTG	135086106	2,851	64,800	SH		DFND	2	64,800	0	0
Canadian Imperial Bank of Commerce	COM	136069101	43	518	SH		DFND		518	0	0
Canadian Imperial Bank of Commerce	COM	136069101	185	2,237	SH		DFND	1	2,237	0	0
Canadian Imperial Bank of Commerce	COM	136069101	462	5,600	SH		DFND	2	5,600	0	0
Canadian National Railway Company	COM	136375102	782	8,700	SH		DFND		8,700	0	0
Canadian National Railway Company	COM	136375102	337	3,750	SH		DFND	1	3,750	0	0
Canadian National Railway Company	COM	136375102	1,456	16,200	SH		DFND	2	3,950	0	0
Canadian Natural Resources Limited	COM	136385101	1,105	41,516	SH		DFND	1	41,516	0	0
Canadian Natural Resources Limited	COM	136385101	666	25,000	SH		DFND	2	25,000	0	0
Canadian Pacific Railway Ltd	COM	13645T100	138	621	SH		DFND	1	621	0	0
Canadian Pacific Railway Ltd	COM	13645T100	445	2,000	SH		DFND	2	2,000	0	0
CBOE GLOBAL MARKET	COM	12503M108	575	5,000	SH		DFND	2	5,000	0	0
Cenovus Energy Inc	COM	15135U109	528	56,174	SH		DFND	1	7,735	0	0
CGI INC	CL A SUB VTG	12532H104	411	5,200	SH		DFND	2	5,200	0	0
Chevron Corp	COM	166764100	621	5,240	SH		DFND	1	5,240	0	0
Chevron Corp	COM	166764100	1,372	11,568	SH		DFND	2	5,120	0	0
Citigroup Inc New	COM NEW	172967424	8,372	121,188	SH		DFND	1	121,188	0	0
Citigroup Inc New	COM NEW	172967424	72	1,037	SH		DFND	2	1,037	0	0
Comcast Corp Cl-A	CL A	20030N101	17,612	390,681	SH		DFND	1	390,681	0	0
Comcast Corp Cl-A	CL A	20030N101	4,540	100,700	SH		DFND	2	47,000	0	0
Constellation Brands Inc Cl-A	CL A	21036P108	16,569	79,934	SH		DFND	1	79,934	0	0
Constellation Brands Inc Cl-A	CL A	21036P108	2,218	10,702	SH		DFND	2	6,450	0	0
Costco Wholesale Corp	COM	22160K105	2,653	9,210	SH		DFND	1	9,210	0	0
Costco Wholesale Corp	COM	22160K105	6,168	21,408	SH		DFND	2	4,815	0	0
Cowen Group Inc - Cl A New	CL A NEW	223622606	6,051	393,175	SH		DFND	1	393,175	0	0
Cowen Group Inc - Cl A New	CL A NEW	223622606	44	2,850	SH		DFND	2	2,850	0	0
Crescent Point Energy Corp.	COM	22576C101	716	167,392	SH		DFND		167,392	0	0
Crescent Point Energy Corp.	COM	22576C101	1,607	376,200	SH		DFND	1	376,200	0	0
CVS Health Corporation	COM	126650100	13,187	209,080	SH		DFND	1	209,080	0	0
CVS Health Corporation	COM	126650100	154	2,435	SH		DFND	2	2,435	0	0
Danaher Corp	COM	235851102	2,372	16,423	SH		DFND	1	16,423	0	0
Danaher Corp	COM	235851102	1,314	9,096	SH		DFND	2	9,096	0	0
Deere & Co	COM	244199105	692	4,100	SH		DFND	1	4,100	0	0
Deere & Co	COM	244199105	1,092	6,475	SH		DFND	2	2,175	0	0
DESCARTES SYSTEMS	COM	249906108	5,231	129,500	SH		DFND	2	129,500	0	0
Diageo PLC SP/ADR	SPON ADR NEW	25243Q205	10,092	61,720	SH		DFND	1	61,720	0	0
Diageo PLC SP/ADR	SPON ADR NEW	25243Q205	1,329	8,130	SH		DFND	2	6,930	0	0
Discover Financial Svcs	COM	254709108	9,302	114,715	SH		DFND	1	114,715	0	0
Discover Financial Svcs	COM	254709108	57	700	SH		DFND	2	700	0	0
Discovery Inc Ser-A	COM SER A	25470F104	9,729	365,325	SH		DFND	1	365,325	0	0
Discovery Inc Ser-A	COM SER A	25470F104	145	5,450	SH		DFND	2	5,450	0	0
Dollar Tree Inc	COM	256746108	290	2,544	SH		DFND	1	2,544	0	0
Dollar Tree Inc	COM	256746108	191	1,670	SH		DFND	2	1,670	0	0
DOMINOS PIZZA INC	COM	25754A201	391	1,600	SH		DFND	2	1,600	0	0
Eaton Corporation	SHS	G29183103	4,277	51,438	SH		DFND	2	47,598	0	0
Ecolab Inc	COM	278865100	1,264	6,385	SH		DFND	1	6,385	0	0
Ecolab Inc	COM	278865100	2,709	13,675	SH		DFND	2	3,765	0	0
Eli Lilly & Co	COM	532457108	108	965	SH		DFND	1	965	0	0
Eli Lilly & Co	COM	532457108	726	6,490	SH		DFND	2	6,490	0	0
ENBRIDGE INC	COM	29250N519	351	20,000	SH		DFND	2	20,000	0	0
ENBRIDGE INC	COM	29250N535	96	5,000	SH		DFND	2	5,000	0	0
Encana Corporation	COM	292505104	273	59,600	SH		DFND	1	55,458	0	0
Encana Corporation	COM	292505104	504	110,000	SH		DFND	2	110,000	0	0
Encompass Health Corp	COM	29261A100	9,205	145,460	SH		DFND	1	145,460	0	0
Encompass Health Corp	COM	29261A100	72	1,145	SH		DFND	2	1,145	0	0
Energy Transfer LP	COM UT LTD PTN	29273V100	10,586	809,345	SH		DFND	1	809,345	0	0
Energy Transfer LP	COM UT LTD PTN	29273V100	112	8,550	SH		DFND	2	8,550	0	0
ENERPLUS CORP	COM	292766102	435	58,400	SH		DFND		58,400	0	0
ENERPLUS CORP	COM	292766102	2,541	340,900	SH		DFND	2	340,900	0	0
EOG RESOURCES INC	COM	26875P101	163	2,200	SH		DFND	2	2,200	0	0
EQUINIX INC	COM	29444U700	519	900	SH		DFND	2	900	0	0
Estee Lauder Companies Inc CL-A	CL A	518439104	1,020	5,125	SH		DFND	1	5,125	0	0
Estee Lauder Companies Inc CL-A	CL A	518439104	1,826	9,177	SH		DFND	2	3,955	0	0
Facebook Inc Cl-A	CL A	30303M102	16,916	94,992	SH		DFND	1	94,992	0	0
Facebook Inc Cl-A	CL A	30303M102	4,904	27,535	SH		DFND	2	5,805	0	0
First Republic Bank	COM	33616C100	1,524	15,760	SH		DFND	1	15,760	0	0
First Republic Bank	COM	33616C100	5,984	61,878	SH		DFND	2	9,110	0	0
FIRSTSERVICE CORP	COM	33767E202	7,243	70,600	SH		DFND	2	70,600	0	0
FOMENTO ECON MEXI	SPON ADR UNITS	344419106	1,007	11,000	SH		DFND	2	11,000	0	0
GCI LIBERTY INC	COM CLASS A	36164V305	931	15,000	SH		DFND	2	15,000	0	0
GENERAL MILLS INC	COM	370334104	2,317	42,031	SH		DFND	2	42,031	0	0
GILDAN ACTIVEWEAR	COM	375916103	760	21,400	SH		DFND		21,400	0	0
GODADDY INC	CL A	380237107	891	13,500	SH		DFND	2	13,500	0	0
HDFC Bank Ltd ADR	SPONSORED ADS	40415F101	399	7,000	SH		DFND	2	7,000	0	0
HDFC Bank Ltd ADR	SPONSORED ADS	40415F101	260	4,550	SH		DFND	1	4,550	0	0
HDFC Bank Ltd ADR	SPONSORED ADS	40415F101	4,219	73,950	SH		DFND	2	73,950	0	0
Home Depot Inc	COM	437076102	2,762	11,902	SH		DFND	1	11,902	0	0
Home Depot Inc	COM	437076102	4,704	20,273	SH		DFND	2	6,615	0	0
Honeywell International Inc	COM	438516106	11,214	66,276	SH		DFND	1	66,276	0	0
Honeywell International Inc	COM	438516106	1,717	10,145	SH		DFND	2	8,585	0	0
HUDBAY MINERALS	COM	443628102	1,948	539,600	SH		DFND	2	539,600	0	0
Imperial Oil Ltd	COM NEW	453038408	25,136	965,135	SH		DFND	1	965,135	0	0
Imperial Oil Ltd	COM NEW	453038408	479	18,389	SH		DFND	2	18,389	0	0
INTERACTIVE BROKERS	COM CL A	45841N107	1,667	31,000	SH		DFND	2	31,000	0	0
INVESCO EXCHNG TRADE	SR LN ETF	46138G508	1,148	50,800	SH		DFND	2	50,800	0	0
IQVIA HOLDINGS INC	COM	46266C105	448	3,000	SH		DFND	2	3,000	0	0
Ishares JPM USD Emrg Mkt	JPMORGAN USD EMG	464288281	296	2,615	SH		DFND	2	2,615	0	0
ISHARES TR	0-5YR HI YL CO	46434V407	869	18,700	SH		DFND	2	18,700	0	0
J.P. Morgan Chase&Company	COM	46625H100	27,467	233,388	SH		DFND	1	233,388	0	0
J.P. Morgan Chase&Company	COM	46625H100	1,655	14,060	SH		DFND	2	14,060	0	0
J.P. Morgan Chase&Company	COM	46625H100	6,082	51,680	SH		DFND	2	51,680	0	0
Johnson & Johnson	COM	478160104	136	1,055	SH		DFND	1	1,055	0	0
Johnson & Johnson	COM	478160104	620	4,790	SH		DFND	2	4,790	0	0
Johnson & Johnson	COM	478160104	5,577	43,103	SH		DFND	2	43,103	0	0
Kimberly Clark Corp	COM	494368103	55	385	SH		DFND	1	385	0	0
Kimberly Clark Corp	COM	494368103	2,415	17,000	SH		DFND	2	5,500	0	0
KIRKLAND LAKE GOLD	COM	49741E100	444	9,900	SH		DFND		9,900	0	0
Kohl's Corp.	COM	500255104	3,774	75,995	SH		DFND	1	75,995	0	0
Kohl's Corp.	COM	500255104	53	1,075	SH		DFND	2	1,075	0	0
LOCKHEED MARTIN CORP	COM	539830109	522	1,337	SH		DFND	2	1,337	0	0
Manulife Financial Corporation	COM	56501R106	137	7,448	SH		DFND	1	7,448	0	0
Manulife Financial Corporation	COM	56501R106	2,367	129,025	SH		DFND	2	41,775	0	0
Manulife Financial Corporation	COM	56501R106	953	51,900	SH		DFND		51,900	0	0
Mastercard Inc Cl-A	CL A	57636Q104	969	3,568	SH		DFND	1	3,568	0	0
Mastercard Inc Cl-A	CL A	57636Q104	1,895	6,975	SH		DFND	2	2,075	0	0
McDonald's Corp	COM	580135101	1,162	5,411	SH		DFND	2	5,411	0	0
McDonald's Corp	COM	580135101	40	187	SH		DFND	1	187	0	0
Medtronic PLC	SHS	G5960L103	13,062	120,250	SH		DFND	1	120,250	0	0
Medtronic PLC	SHS	G5960L103	4,441	40,883	SH		DFND	2	2,255	0	0
MetLife Inc	COM	59156R108	6,912	146,575	SH		DFND	1	146,575	0	0
MetLife Inc	COM	59156R108	57	1,205	SH		DFND	2	1,205	0	0
Microsoft Corp	COM	594918104	20,141	144,870	SH		DFND	1	144,870	0	0
Microsoft Corp	COM	594918104	9,716	69,884	SH		DFND	2	15,755	0	0
MOODYS CORP	COM	615369105	666	3,250	SH		DFND	2	3,250	0	0
NIKE Inc Class B	CL B	654106103	15,652	166,656	SH		DFND	1	166,656	0	0
NIKE Inc Class B	CL B	654106103	3,086	32,854	SH		DFND	2	13,895	0	0
NORTH AMERICAN CONST	COM	656811106	822	71,300	SH		DFND		71,300	0	0
NORTH AMERICAN CONST	COM	656811106	5,844	506,700	SH		DFND	2	506,700	0	0
NUTRIEN LTD	COM	67077M108	581	11,650	SH		DFND	2	11,650	0	0
Open Text Corporation	COM	683715106	482	11,800	SH		DFND		11,800	0	0
Open Text Corporation	COM	683715106	151	3,700	SH		DFND	1	3,700	0	0
Open Text Corporation	COM	683715106	1,371	33,600	SH		DFND	2	33,600	0	0
Owens-Illinois Inc	COM NEW	690768403	7,861	765,475	SH		DFND	1	765,475	0	0
Owens-Illinois Inc	COM NEW	690768403	59	5,700	SH		DFND	2	5,700	0	0
PALO ALTO NETWORKS	COM	697435105	611	3,000	SH		DFND	2	3,000	0	0
Parker-Hannifin Corp	COM	701094104	279	1,545	SH		DFND	1	1,545	0	0
Parker-Hannifin Corp	COM	701094104	253	1,400	SH		DFND	2	1,400	0	0
PAYCHEX INC	COM	704326107	704	8,500	SH		DFND	2	8,500	0	0
PAYPAL HLDGS INC	COM	70450Y103	518	5,000	SH		DFND	2	5,000	0	0
Pembina Pipeline Corp	COM	706327103	28,023	755,890	SH		DFND	1	755,890	0	0
Pembina Pipeline Corp	COM	706327103	424	11,444	SH		DFND	2	11,444	0	0
PepsiCo Inc	COM	713448108	8,561	62,445	SH		DFND	1	62,445	0	0
PepsiCo Inc	COM	713448108	2,824	20,595	SH		DFND	2	6,970	0	0
PERKINELMER INC	COM	714046109	703	8,250	SH		DFND	2	8,250	0	0
Philip Morris Intl Inc	COM	718172109	91	1,200	SH		DFND	1	1,200	0	0
Philip Morris Intl Inc	COM	718172109	873	11,500	SH		DFND	2	11,500	0	0
Phillips 66	COM	718546104	426	4,160	SH		DFND	1	4,160	0	0
Phillips 66	COM	718546104	1,339	13,075	SH		DFND	2	4,325	0	0
Precision Drilling Corp	COM 2010	74022D308	54	47,009	SH		DFND	1	47,009	0	0
PRETIUM RESOURCES	COM	74139C102	512	44,400	SH		DFND		44,400	0	0
Progressive Corp Ohio	COM	743315103	491	6,350	SH		DFND	1	6,350	0	0
Progressive Corp Ohio	COM	743315103	386	5,000	SH		DFND	2	5,000	0	0
Raytheon Company	COM NEW	755111507	23,190	118,203	SH		DFND	1	118,203	0	0
Raytheon Company	COM NEW	755111507	1,255	6,399	SH		DFND	2	6,399	0	0
Rogers Communications Inc -B	CL B	775109200	1,145	23,500	SH		DFND		23,500	0	0
Rogers Communications Inc -B	CL B	775109200	16,230	333,168	SH		DFND	1	333,168	0	0
Rogers Communications Inc -B	CL B	775109200	626	14,950	SH		DFND	2	6,643	0	0
ROPER TECHNOLOGIES	COM	776696106	428	1,200	SH		DFND	2	1,200	0	0
Ross Stores Inc	COM	778296103	66	600	SH		DFND		600	0	0
Ross Stores Inc	COM	778296103	1,348	12,270	SH		DFND	1	12,270	0	0
Ross Stores Inc	COM	778296103	802	7,305	SH		DFND	2	5,575	0	0
Royal Bank of Canada	COM	780087102	1,705	21,005	SH		DFND		21,005	0	0
Royal Bank of Canada	COM	780087102	25,170	310,250	SH		DFND	1	310,250	0	0
Royal Bank of Canada	COM	780087102	8,342	102,768	SH		DFND	2	17,768	0	0
S&P Global Inc	COM	78409V104	1,948	7,952	SH		DFND	1	7,952	0	0
S&P Global Inc	COM	78409V104	3,202	13,070	SH		DFND	2	5,910	0	0
Schwab Charles Corp	COM	808513105	304	7,275	SH		DFND	1	7,275	0	0
Shaw Communications Inc -B	CL B CONV	82028K200	23,033	1,172,135	SH		DFND	1	1,172,135	0	0
Shaw Communications Inc -B	CL B CONV	82028K200	767	39,000	SH		DFND	2	18,300	0	0
SHERWIN WILLIAMS CO	COM	824348106	3,338	6,070	SH		DFND	2	6,070	0	0
SILVERCORP METALS	COM	82835P103	248	63,900	SH		DFND		63,900	0	0
SPDR Gold Trust ETF	GOLD SHS	78463V107	270	1,944	SH		DFND	2	1,944	0	0
SPDR SER TR	PORTFOLI HIGH YLD	78468R606	699	26,700	SH		DFND	2	26,700	0	0
SPOTIFY TECHNOLOGY	SHS	L8681T102	1,091	9,570	SH		DFND	2	9,570	0	0
SSR MINING	COM	784730103	303	20,900	SH		DFND		20,900	0	0
STANLEY BLACK&DECKR	COM	854502101	3,133	21,693	SH		DFND	2	21,693	0	0
Starbucks Corp	COM	855244109	75	850	SH		DFND	1	850	0	0
Starbucks Corp	COM	855244109	1,819	20,577	SH		DFND	2	3,925	0	0
Stryker Corp	COM	863667101	213	985	SH		DFND	1	985	0	0
Sun Life Financial Services Canada Inc	COM	866796105	550	12,301	SH		DFND	1	12,301	0	0
SUN LIFE FNCL INC	COM	866796105	770	17,200	SH		DFND		17,200	0	0
Suncor Energy Inc	COM	867224107	38	1,209	SH		DFND		1,209	0	0
Suncor Energy Inc	COM	867224107	23,391	741,436	SH		DFND	1	3,850	0	0
Suncor Energy Inc.	COM	867224107	3,665	116,128	SH		DFND	2	36,078	0	0
Taiwan Semiconductor Manufacturing SP/ADR	SPONSORED ADS	874039100	873	18,790	SH		DFND	1	18,790	0	0
Taiwan Semiconductor Manufacturing SP/ADR	SPONSORED ADS	874039100	4,407	94,815	SH		DFND	2	94,815	0	0
Teck Resources Ltd B	CL B	878742204	14	850	SH		DFND	1	850	0	0
Teck Resources Ltd B	CL B	878742204	230	14,200	SH		DFND	2	14,200	0	0
Texas Instruments-Cum Rts	COM	882508104	5	40	SH		DFND	1	40	0	0
Texas Instruments-Cum Rts	COM	882508104	1,034	8,000	SH		DFND	2	2,725	0	0
THE CHARLES SCHWAB	COM	808513105	1,548	37,000	SH		DFND	2	37,000	0	0
Thermo Fisher Scientific Inc	COM	883556102	12,773	43,854	SH		DFND	1	43,854	0	0
Thermo Fisher Scientific Inc	COM	883556102	4,558	15,647	SH		DFND	2	4,452	0	0
THOMSON REUTERS CORP	COM NEW	884903709	415	6,200	SH		DFND		6,200	0	0
TJX Companies Inc	COM	872540109	16,291	292,260	SH		DFND	1	292,260	0	0
TJX Companies Inc	COM	872540109	573	10,275	SH		DFND	2	5,475	0	0
Toronto Dominion Bank	COM NEW	891160509	2,205	37,800	SH		DFND		37,800	0	0
Toronto Dominion Bank	COM NEW	891160509	34,146	585,531	SH		DFND	1	585,531	0	0
Toronto Dominion Bank	COM NEW	891160509	8,191	140,392	SH		DFND	2	21,517	0	0
Townsquare Media Inc Cl A	CL A	892231101	70	10,000	SH		DFND	1	10,000	0	0
Toyota Motor Corp ADR	SP ADR REP2COM	892331307	214	1,590	SH		DFND	1	1,590	0	0
Toyota Motor Corp ADR	SP ADR REP2COM	892331307	2,680	19,925	SH		DFND	2	19,925	0	0
TYLER TECHN INC	COM	902252105	420	1,600	SH		DFND	2	1,600	0	0
Union Pacific Corp	COM	907818108	534	3,295	SH		DFND	1	3,295	0	0
United Technologies Corp	COM	913017109	2,128	15,585	SH		DFND	1	15,585	0	0
United Technologies Corp	COM	913017109	5,967	43,711	SH		DFND	2	8,520	0	0
UnitedHealth Group Inc	COM	91324P102	16,592	76,347	SH		DFND	1	76,347	0	0
UnitedHealth Group Inc	COM	91324P102	3,233	14,877	SH		DFND	2	7,152	0	0
Vanguard Small-Cap ETF	SMALL CP ETF	922908751	311	2,022	SH		DFND	2	2,022	0	0
Verizon Communications Inc	COM	92343V104	54	895	SH		DFND	1	895	0	0
Verizon Communications Inc	COM	92343V104	338	5,605	SH		DFND	2	5,605	0	0
Vermilion Energy Inc	COM	923725105	4,322	259,436	SH		DFND	1	259,436	0	0
Vermilion Energy Inc	COM	923725105	2,117	127,000	SH		DFND	2	35,650	0	0
Visa Inc	COM CL A	92826C839	22,723	132,102	SH		DFND	1	132,102	0	0
Visa Inc	COM CL A	92826C839	4,487	26,084	SH		DFND	2	11,459	0	0
Walmart Inc.	COM	931142103	7,872	66,326	SH		DFND	1	66,326	0	0
Walmart Inc.	COM	931142103	258	2,170	SH		DFND	2	950	0	0
Walt Disney Co	COM DISNEY	254687106	10	77	SH		DFND	1	77	0	0
Walt Disney Co	COM DISNEY	254687106	1,730	13,275	SH		DFND	2	4,375	0	0
Watsco Inc	COM	942622200	955	5,650	SH		DFND	2	1,900	0	0
Wells Fargo & Co	COM	949746101	4,800	95,163	SH		DFND	2	8,350	0	0
YUM! Brands Inc.	COM	988498101	1,015	9,965	SH		DFND	2	2,825	0	0