BI Asset Management Fondsmaeglerselskab A/S 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
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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
ACUITY BRANDS INC COM	COM	00508Y102	6,075	50,173	SH		DFND		50,173	0	0
ADOBE SYSTEMS INCORPORATED COM	COM	00724F101	5,224	10,446	SH		DFND		10,446	0	0
ADVANCED DRAIN SYS INC DEL COM	COM	00790R104	6,710	80,285	SH		DFND		80,285	0	0
ALTRIA GROUP INC COM	COM	02209S103	1,096	26,730	SH		DFND		26,730	0	0
AMERICAN WTR WKS CO INC NEW COM	NEW COM	030420103	421	2,741	SH		DFND		2,741	0	0
BIOGEN INC COM	COM	09062X103	5,123	20,923	SH		DFND		20,923	0	0
BROADCOM INC COM	COM ADDED	11135F101	1,760	4,019	SH		DFND		4,019	0	0
CBRE GROUP INC CL A	CL A	12504L109	4,079	65,028	SH		DFND		65,028	0	0
CGI INC CL A SUB VTG	SUB VTG	12532H104	12	149	SH		DFND		149	0	0
CANADIAN PAC RY LTD COM	COM	13645T100	2,011	5,804	SH		DFND		5,804	0	0
CHEVRON CORP NEW COM	NEW COM	166764100	1,653	19,579	SH		DFND		19,579	0	0
COGNIZANT TECHNOLOGY SOLUTIO CL A	CL A	192446102	13,862	169,150	SH		DFND		169,150	0	0
CONOCOPHILLIPS COM	COM	20825C104	2,020	50,505	SH		DFND		50,505	0	0
CORNING INC COM	COM	219350105	974	27,064	SH		DFND		27,064	0	0
DECKERS OUTDOOR CORP COM	COM	243537107	526	1,833	SH		DFND		1,833	0	0
ESSENTIAL UTILS INC COM	COM	29670G102	882	18,653	SH		DFND		18,653	0	0
FIDELITY NATL INFORMATION SV COM	COM	31620M106	717	5,066	SH		DFND		5,066	0	0
GILEAD SCIENCES INC COM	COM	375558103	8,494	145,790	SH		DFND		145,790	0	0
HILTON WORLDWIDE HLDGS INC COM	COM	43300A203	2,989	26,869	SH		DFND		26,869	0	0
HOME DEPOT INC COM	COM	437076102	8,340	31,399	SH		DFND		31,399	0	0
HONEYWELL INTL INC COM	COM	438516106	2,457	11,553	SH		DFND		11,553	0	0
HUMANA INC COM	COM	444859102	2,536	6,181	SH		DFND		6,181	0	0
INSULET CORP COM	COM	45784P101	780	3,051	SH		DFND		3,051	0	0
JONES LANG LASALLE INC COM	COM	48020Q107	2,952	19,893	SH		DFND		19,893	0	0
KB HOME COM	COM	48666K109	5,650	168,559	SH		DFND		168,559	0	0
LAUDER ESTEE COS INC CL A	CL A	518439104	10	38	SH		DFND		38	0	0
LILLY ELI & CO COM	COM	532457108	33,564	198,789	SH		DFND		188,814	0	9,975
MATCH GROUP INC NEW COM	COM	57667L107	149	987	SH		DFND		987	0	0
MERCADOLIBRE INC COM	COM	58733R102	1,563	933	SH		DFND		933	0	0
METLIFE INC COM	COM	59156R108	2,751	58,586	SH		DFND		58,586	0	0
MOLINA HEALTHCARE INC COM	COM	60855R100	1,288	6,054	SH		DFND		6,054	0	0
NETFLIX INC COM	COM	64110L106	10	19	SH		DFND		19	0	0
PARKER-HANNIFIN CORP COM	COM	701094104	3,368	12,364	SH		DFND		12,364	0	0
PRUDENTIAL FINL INC COM	COM	744320102	1,065	13,648	SH		DFND		13,648	0	0
QUEST DIAGNOSTICS INC COM	COM	74834L100	1,926	16,162	SH		DFND		16,162	0	0
QUIDEL CORP COM	COM	74838J101	2,803	15,601	SH		DFND		15,601	0	0
REGENERON PHARMACEUTICALS COM	COM	75886F107	4,332	8,966	SH		DFND		8,966	0	0
REPUBLIC SVCS INC COM	COM	760759100	909	9,443	SH		DFND		9,443	0	0
RINGCENTRAL INC CL A	CL A	76680R206	1,174	3,098	SH		DFND		3,098	0	0
ROCKWELL AUTOMATION INC COM	COM	773903109	1,030	4,108	SH		DFND		4,108	0	0
SBA COMMUNICATIONS CORP NEW CL A	NEW CL A	78410G104	1,019	3,611	SH		DFND		3,611	0	0
SKYWORKS SOLUTIONS INC COM	COM	83088M102	1,909	12,485	SH		DFND		12,485	0	0
SOUTHWEST AIRLS CO COM	COM	844741108	416	8,923	SH		DFND		8,923	0	0
SYNNEX CORP COM	COM	87162W100	921	11,304	SH		DFND		11,304	0	0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	SPONSORED ADR	874039100	9,145	83,866	SH		DFND		83,866	0	0
TEXAS INSTRS INC COM	COM	882508104	11,402	69,468	SH		DFND		69,468	0	0
TRANSDIGM GROUP INC COM	COM	893641100	487	787	SH		DFND		787	0	0
UNITED RENTALS INC COM	COM	911363109	5,265	22,703	SH		DFND		22,703	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	30,425	86,760	SH		DFND		82,621	0	4,139
V F CORP COM	COM	918204108	434	5,081	SH		DFND		5,081	0	0
AMGEN INC COM	COM	031162100	15,398	66,973	SH		DFND		66,973	0	0
RKSHIRE HATHAWAY INC DEL CL A	CL A	084670108	3,130	9	SH		DFND		9	0	0
BEST BUY INC COM	COM	086516101	8,871	88,899	SH		DFND		88,899	0	0
BEYOND MEAT INC COM	COM	08862E109	281	2,248	SH		DFND		2,248	0	0
BOEING CO COM	COM	097023105	2,098	9,801	SH		DFND		9,801	0	0
CANADIAN NATL RY CO COM	COM	136375102	1,498	13,634	SH		DFND		13,634	0	0
CLOROX CO DEL COM	COM	189054109	1,783	8,830	SH		DFND		8,830	0	0
COCA COLA CO COM	COM	191216100	27,924	509,188	SH		DFND		480,143	0	29,045
COLGATE PALMOLIVE CO COM	COM	194162103	8,579	100,327	SH		DFND		100,327	0	0
COSTAR GROUP INC COM	COM	22160N109	650	703	SH		DFND		703	0	0
D R HORTON INC COM	COM	23331A109	3,798	55,107	SH		DFND		55,107	0	0
DTE ENERGY CO COM	COM	233331107	26,198	215,787	SH		DFND		202,286	0	13,501
EQUITY RESIDENTIAL SH BEN INT	INT	29476L107	596	10,055	SH		DFND		10,055	0	0
EXPEDITORS INTL WASH INC COM	COM	302130109	846	8,899	SH		DFND		8,899	0	0
GLOBAL PMTS INC COM	COM	37940X102	484	2,248	SH		DFND		2,248	0	0
HALLIBURTON CO COM	COM	406216101	11,239	594,660	SH		DFND		594,660	0	0
HUBBELL INC COM	COM	443510607	354	2,257	SH		DFND		2,257	0	0
KLA CORP COM NEW	COM	482480100	211	816	SH		DFND		816	0	0
KELLOGG CO COM	COM	487836108	2,418	38,863	SH		DFND		38,863	0	0
LPL FINL HLDGS INC COM	COM	50212V100	992	9,523	SH		DFND		9,523	0	0
L3HARRIS TECHNOLOGIES INC COM	COM	502431109	707	3,740	SH		DFND		3,740	0	0
LENNAR CORP CL A	CL A	526057104	7,026	92,167	SH		DFND		92,167	0	0
NETAPP INC COM	COM	64110D104	1,426	21,527	SH		DFND		21,527	0	0
PPL CORP COM	COM	69351T106	1,753	62,179	SH		DFND		62,179	0	0
PAYCHEX INC COM	COM	704326107	124	1,331	SH		DFND		1,331	0	0
QUALCOMM INC COM	COM	747525103	4,121	27,049	SH		DFND		27,049	0	0
QUANTA SVCS INC COM	COM	74762E102	1,133	15,725	SH		DFND		15,725	0	0
RAYTHEON TECHNOLOGIES CORP COM	COM	75513E101	1,931	27,002	SH		DFND		27,002	0	0
SERVICENOW INC COM	COM	81762P102	10,034	18,230	SH		DFND		18,230	0	0
STATE STR CORP COM	COM	857477103	1,300	17,861	SH		DFND		17,861	0	0
SYNOPSYS INC COM	COM	871607107	289	1,114	SH		DFND		1,114	0	0
TC ENERGY CORP COM	COM	87807B107	15	357	SH		DFND		357	0	0
3M CO COM	COM	88579Y101	1,892	10,824	SH		DFND		10,824	0	0
TYSON FOODS INC CL A	CL A	902494103	13,247	205,571	SH		DFND		205,571	0	0
UBER TECHNOLOGIES INC COM	COM	90353T100	628	12,312	SH		DFND		12,312	0	0
UNION PAC CORP COM	COM	907818108	4,224	20,285	SH		DFND		20,285	0	0
VERIZON COMMUNICATIONS INC COM	COM	92343V104	37,596	639,939	SH		DFND		611,068	0	28,871
WELLTOWER INC COM	COM	95040Q104	1,784	27,604	SH		DFND		27,604	0	0
AT&T INC COM	COM	00206R102	3,613	125,619	SH		DFND		125,619	0	0
ALLSTATE CORP COM	COM	020002101	39,350	357,952	SH		DFND		341,441	0	16,511
ALPHABET INC CAP STK CL A	CL A	02079K305	62,242	35,513	SH		DFND		35,513	0	0
APPLE INC COM	COM	037833100	94,144	709,507	SH		DFND		709,507	0	0
BAXTER INTL INC COM	COM	071813109	371	4,626	SH		DFND		4,626	0	0
BRISTOL-MYERS SQUIBB CO COM	COM	110122108	14,970	241,337	SH		DFND		241,337	0	0
CME GROUP INC COM	COM CL A	12572Q105	1,508	8,281	SH		DFND		8,281	0	0
CMS ENERGY CORP COM	COM	125896100	27,036	443,129	SH		DFND		415,087	0	28,042
CAMPBELL SOUP CO COM	COM	134429109	747	15,452	SH		DFND		15,452	0	0
CITIZENS FINL GROUP INC COM	COM	174610105	1,685	47,121	SH		DFND		47,121	0	0
COPART INC COM	COM	217204106	1,233	9,686	SH		DFND		9,686	0	0
DISNEY WALT CO COM	COM DISNEY	254687106	3,571	19,707	SH		DFND		19,707	0	0
EBAY INC. COM	COM	278642103	334	6,639	SH		DFND		6,639	0	0
EMCOR GROUP INC COM	COM	29084Q100	628	6,867	SH		DFND		6,867	0	0
FORD MTR CO DEL COM	COM	345370860	1,040	118,314	SH		DFND		118,314	0	0
HORMEL FOODS CORP COM	COM	440452100	533	11,437	SH		DFND		11,437	0	0
LEIDOS HOLDINGS INC COM	COM	525327102	658	6,260	SH		DFND		6,260	0	0
LEVI STRAUSS & CO NEW CL A COM STK	CL A COM	52736R102	719	35,822	SH		DFND		35,822	0	0
MGIC INVT CORP WIS COM	COM	552848103	520	41,435	SH		DFND		41,435	0	0
MSC INDL DIRECT INC CL A	CL A	553530106	570	6,757	SH		DFND		6,757	0	0
MARTIN MARIETTA MATLS INC COM	COM	573284106	340	1,196	SH		DFND		1,196	0	0
MICROSOFT CORP COM	COM	594918104	87,376	392,842	SH		DFND		392,842	0	0
NEW YORK TIMES CO CL A	CL A	650111107	1,237	23,899	SH		DFND		23,899	0	0
NUCOR CORP COM	COM	670346105	606	11,388	SH		DFND		11,388	0	0
NUTRIEN LTD COM	COM	67077M108	495	10,268	SH		DFND		10,268	0	0
ORMAT TECHNOLOGIES INC COM	COM	686688102	405	4,482	SH		DFND		4,482	0	0
PFIZER INC COM	COM	717081103	2,000	54,328	SH		DFND		54,328	0	0
PINDUODUO INC SPONSORED ADS	SPONSORED ADS	722304102	4,732	26,636	SH		DFND		26,636	0	0
PULTE GROUP INC COM	COM	745867101	1,781	41,310	SH		DFND		41,310	0	0
S&P GLOBAL INC COM	COM	78409V104	978	2,976	SH		DFND		2,976	0	0
SS&C TECHNOLOGIES HLDGS INC COM	COM	78467J100	1,216	16,711	SH		DFND		16,711	0	0
SERVICE CORP INTL COM	COM	817565104	1,101	22,421	SH		DFND		22,421	0	0
SNAP INC CL A	CL A	83304A106	3,147	62,848	SH		DFND		62,848	0	0
STEEL DYNAMICS INC COM	COM	858119100	3,779	102,502	SH		DFND		102,502	0	0
T-MOBILE US INC COM	COM	872590104	1,269	9,409	SH		DFND		9,409	0	0
TARGET CORP COM	COM	87612E106	8,828	50,011	SH		DFND		50,011	0	0
TECK RESOURCES LTD CL B	CL B	878742204	908	50,019	SH		DFND		50,019	0	0
TESLA INC COM	COM	88160R101	5,350	7,581	SH		DFND		7,581	0	0
THOR INDS INC COM	COM	885160101	962	10,348	SH		DFND		10,348	0	0
TORONTO DOMINION BK ONT COM NEW	COM NEW	891160509	1,186	21,012	SH		DFND		21,012	0	0
TRAVELERS COMPANIES INC COM	COM	89417E109	25,503	181,691	SH		DFND		170,375	0	11,316
TRINET GROUP INC COM	COM	896288107	342	4,240	SH		DFND		4,240	0	0
VEON LTD SPONSORED ADR	ADR	91822M106	459	303,933	SH		DFND		303,933	0	0
VERTEX PHARMACEUTICALS INC COM	COM	92532F100	12,825	54,267	SH		DFND		54,267	0	0
WASTE MGMT INC DEL COM	COM	94106L109	1,566	13,277	SH		DFND		13,277	0	0
WESTERN UN CO COM	COM	959802109	609	27,763	SH		DFND		27,763	0	0
ZOETIS INC CL A	CL A	98978V103	4,513	27,271	SH		DFND		27,271	0	0
ACCENTURE PLC IRELAND SHS CLASS A	SHS CLASS A	G1151C101	3,525	13,496	SH		DFND		13,496	0	0
AFLAC INC COM	COM	001055102	3,680	82,758	SH		DFND		82,758	0	0
ABBVIE INC COM	COM	00287Y109	12,821	119,659	SH		DFND		119,659	0	0
ABIOMED INC COM	COM	003654100	2,716	8,377	SH		DFND		8,377	0	0
ALBEMARLE CORP COM	COM	012653101	695	4,710	SH		DFND		4,710	0	0
ALCOA CORP COM	COM	013872106	717	31,106	SH		DFND		31,106	0	0
ALLISON TRANSMISSION HLDGS I COM	COM	01973R101	559	12,960	SH		DFND		12,960	0	0
AMERICAN EXPRESS CO COM	COM	025816109	6,575	54,378	SH		DFND		54,378	0	0
ASTRAZENECA PLC SPONSORED ADR	SPONSORED ADR	046353108	25,353	507,167	SH		DFND		475,483	0	31,684
AUTODESK INC COM	COM	052769106	1,758	5,757	SH		DFND		5,757	0	0
AUTOMATIC DATA PROCESSING IN COM	COM	053015103	40,258	228,477	SH		DFND		218,918	0	9,559
AVERY DENNISON CORP COM	COM	053611109	25,046	161,469	SH		DFND		151,358	0	10,111
BLOCK H & R INC COM	COM	093671105	330	20,830	SH		DFND		20,830	0	0
CAE INC COM	COM	124765108	804	29,032	SH		DFND		29,032	0	0
CISCO SYS INC COM	COM	17275R102	52,188	1,166,210	SH		DFND		1,124,617	0	41,593
CINTAS CORP COM	COM	172908105	562	1,591	SH		DFND		1,591	0	0
COSTCO WHSL CORP NEW COM	NEW COM	22160K105	1,780	4,724	SH		DFND		4,724	0	0
DEXCOM INC COM	COM	252131107	1,853	5,012	SH		DFND		5,012	0	0
DORMAN PRODS INC COM	COM	258278100	376	4,327	SH		DFND		4,327	0	0
ELECTRONIC ARTS INC COM	COM	285512109	9,963	69,379	SH		DFND		69,379	0	0
FMC CORP COM NEW	COM NEW	302491303	1,862	16,204	SH		DFND		16,204	0	0
FISERV INC COM	COM	337738108	1,693	14,866	SH		DFND		14,866	0	0
FOOT LOCKER INC COM	COM	344849104	420	10,377	SH		DFND		10,377	0	0
FORTINET INC COM	COM	34959E109	29	195	SH		DFND		195	0	0
FORTIVE CORP COM	COM	34959J108	386	5,449	SH		DFND		5,449	0	0
HASBRO INC COM	COM	418056107	1,140	12,188	SH		DFND		12,188	0	0
HEWLETT PACKARD ENTERPRISE C COM	COM	42824C109	3,013	254,241	SH		DFND		254,241	0	0
INTERNATIONAL PAPER CO COM	COM	460146103	3,583	72,064	SH		DFND		72,064	0	0
INTUIT COM	COM	461202103	1,615	4,251	SH		DFND		4,251	0	0
JOHNSON & JOHNSON COM	COM	478160104	28,745	182,645	SH		DFND		171,083	0	11,562
KILROY RLTY CORP COM	COM	49427F108	284	4,942	SH		DFND		4,942	0	0
KIRKLAND LAKE GOLD LTD COM	COM	49741E100	293	7,089	SH		DFND		7,089	0	0
LOWES COS INC COM	COM	548661107	38,277	238,470	SH		DFND		228,168	0	10,302
MARRIOTT INTL INC NEW CL A	NEW CL A	571903202	3,585	27,173	SH		DFND		27,173	0	0
MASCO CORP COM	COM	574599106	12,567	228,788	SH		DFND		228,788	0	0
MASTERCARD INCORPORATED CL A	CL A	57636Q104	21,885	61,314	SH		DFND		61,314	0	0
METTLER TOLEDO INTERNATIONAL COM	COM	592688105	527	462	SH		DFND		462	0	0
R INC COM	COM	62944T105	1,889	463	SH		DFND		463	0	0
NEWMONT CORP COM	COM	651639106	4,959	82,797	SH		DFND		82,797	0	0
NEXTERA ENERGY INC COM	COM	65339F101	15	188	SH		DFND		188	0	0
PPG INDS INC COM	COM	693506107	4,759	32,995	SH		DFND		32,995	0	0
ROPER TECHNOLOGIES INC COM	COM	776696106	892	2,069	SH		DFND		2,069	0	0
SPLUNK INC COM	COM	848637104	674	3,968	SH		DFND		3,968	0	0
STARBUCKS CORP COM	COM	855244109	1,401	13,096	SH		DFND		13,096	0	0
SYSCO CORP COM	COM	871829107	2,003	26,968	SH		DFND		26,968	0	0
TJX COS INC NEW COM	COM	872540109	803	11,758	SH		DFND		11,758	0	0
TELUS CORPORATION COM	COM	87971M103	270	13,627	SH		DFND		13,627	0	0
THE TRADE DESK INC COM CL A	COM CL A	88339J105	201	251	SH		DFND		251	0	0
VARIAN MED SYS INC COM	COM	92220P105	2,501	14,288	SH		DFND		14,288	0	0
VICI PPTYS INC COM	COM	925652109	1,680	65,874	SH		DFND		65,874	0	0
VMWARE INC CL A COM	CL A COM	928563402	8,827	62,933	SH		DFND		62,933	0	0
WASTE CONNECTIONS INC COM	COM	94106B101	479	4,674	SH		DFND		4,674	0	0
WHEATON PRECIOUS METALS CORP COM	COM	962879102	906	21,714	SH		DFND		21,714	0	0
ADVANCED MICRO DEVICES INC COM	COM	007903107	3,014	32,867	SH		DFND		32,867	0	0
AGILENT TECHNOLOGIES INC COM	COM	00846U101	545	4,598	SH		DFND		4,598	0	0
AMAZON COM INC COM	COM	023135106	12,451	3,823	SH		DFND		3,823	0	0
APPLIED MATLS INC COM	COM	038222105	42,481	492,248	SH		DFND		470,387	0	21,861
AVANGRID INC COM	COM	05351W103	1,110	24,414	SH		DFND		24,414	0	0
BANK NOVA SCOTIA B C COM	COM	064149107	1,132	20,954	SH		DFND		20,954	0	0
CIGNA CORP NEW COM	COM	125523100	1,435	6,892	SH		DFND		6,892	0	0
CVS HEALTH CORP COM	COM	126650100	24,521	359,023	SH		DFND		337,858	0	21,165
CONCENTRIX CORP COM ADDED	COM ADDED	20602D101	676	6,848	SH		DFND		6,848	0	0
DISCOVER FINL SVCS COM	COM	254709108	2,159	23,845	SH		DFND		23,845	0	0
DOCUSIGN INC COM	COM	256163106	323	1,454	SH		DFND		1,454	0	0
EQUINIX INC COM	COM	29444U700	714	1,000	SH		DFND		1,000	0	0
FIRST SOLAR INC COM	COM	336433107	1,683	17,016	SH		DFND		17,016	0	0
FLEETCOR TECHNOLOGIES INC COM	COM	339041105	66	243	SH		DFND		243	0	0
FORTUNE BRANDS HOME & SEC IN COM	COM	34964C106	1,834	21,391	SH		DFND		21,391	0	0
GAMING & LEISURE PPTYS INC COM	COM	36467J108	8	177	SH		DFND		177	0	0
GENERAL ELECTRIC CO COM	COM	369604103	1,391	128,827	SH		DFND		128,827	0	0
GENERAL MLS INC COM	COM	370334104	5,102	86,774	SH		DFND		86,774	0	0
GENERAL MTRS CO COM	COM	37045V100	1,164	27,960	SH		DFND		27,960	0	0
GENTEX CORP COM	COM	371901109	1,016	29,938	SH		DFND		29,938	0	0
GRAINGER W W INC COM	COM	384802104	332	813	SH		DFND		813	0	0
HCA HEALTHCARE INC COM	COM	40412C101	1,704	10,361	SH		DFND		10,361	0	0
HDFC BANK LTD SPONSORED ADS	SPONSORED ADS	40415F101	9,687	134,055	SH		DFND		134,055	0	0
HP INC COM	COM	40434L105	2,290	93,107	SH		DFND		93,107	0	0
HEALTHPEAK PROPERTIES INC COM	COM	42250P103	461	15,252	SH		DFND		15,252	0	0
IDEX CORP COM	COM	45167R104	805	4,042	SH		DFND		4,042	0	0
LKQ CORP COM	COM	501889208	3,157	89,580	SH		DFND		89,580	0	0
MAXIM INTEGRATED PRODS INC COM	COM	57772K101	13,825	155,955	SH		DFND		155,955	0	0
MICRON TECHNOLOGY INC COM	COM	595112103	582	7,735	SH		DFND		7,735	0	0
MORGAN STANLEY COM NEW	COM NEW	617446448	15,991	233,337	SH		DFND		233,337	0	0
NATIONAL OILWELL VARCO INC COM	COM	637071101	1,747	127,226	SH		DFND		127,226	0	0
NEWELL BRANDS INC COM	COM	651229106	696	32,785	SH		DFND		32,785	0	0
OLD DOMINION FREIGHT LINE IN COM	COM	679580100	3,496	17,912	SH		DFND		17,912	0	0
ORACLE CORP COM	COM	68389X105	12,365	191,150	SH		DFND		191,150	0	0
PACCAR INC COM	COM	693718108	1,912	22,156	SH		DFND		22,156	0	0
PALO ALTO NETWORKS INC COM	COM	697435105	271	763	SH		DFND		763	0	0
PAYPAL HLDGS INC COM	COM	70450Y103	6,121	26,137	SH		DFND		26,137	0	0
POOL CORP COM	COM	73278L105	551	1,478	SH		DFND		1,478	0	0
RELIANCE STEEL & ALUMINUM CO COM	COM	759509102	7,605	63,504	SH		DFND		63,504	0	0
SAREPTA THERAPEUTICS INC COM	COM	803607100	830	4,870	SH		DFND		4,870	0	0
SCHWAB CHARLES CORP COM	COM	808513105	12,936	243,891	SH		DFND		243,891	0	0
SCOTTS MIRACLE GRO CO CL A	CL A	810186106	1,337	6,712	SH		DFND		6,712	0	0
SHOPIFY INC CL A	CL A	82509L107	1,102	977	SH		DFND		977	0	0
SNAP ON INC COM	COM	833034101	1,005	5,870	SH		DFND		5,870	0	0
STANLEY BLACK & DECKER INC COM	COM	854502101	739	4,137	SH		DFND		4,137	0	0
THERMO FISHER SCIENTIFIC INC COM	COM	883556102	6,060	13,010	SH		DFND		13,010	0	0
TRUIST FINL CORP COM	COM	89832Q109	8,849	184,627	SH		DFND		184,627	0	0
TWILIO INC CL A	CL A	90138F102	364	1,075	SH		DFND		1,075	0	0
UFP INDUSTRIES INC COM	COM	90278Q108	441	7,938	SH		DFND		7,938	0	0
VERISK ANALYTICS INC COM	COM	92345Y106	557	2,684	SH		DFND		2,684	0	0
VIATRIS INC COM ADDED	COM ADDED	92556V106	115	6,127	SH		DFND		6,127	0	0
VULCAN MATLS CO COM	COM	929160109	396	2,670	SH		DFND		2,670	0	0
WEYERHAEUSER CO MTN BE COM NEW	COM NEW	962166104	4,476	133,479	SH		DFND		133,479	0	0
ALEXANDRIA REAL ESTATE EQ IN COM	COM	015271109	759	4,259	SH		DFND		4,259	0	0
AMERICAN TOWER CORP NEW COM	NEW COM	03027X100	1,233	5,494	SH		DFND		5,494	0	0
ANTHEM INC COM	COM	036752103	37,257	116,034	SH		DFND		110,661	0	5,373
BK OF AMERICA CORP COM	COM	060505104	5,400	178,147	SH		DFND		178,147	0	0
BLACKROCK INC COM	COM	09247X101	1,539	2,133	SH		DFND		2,133	0	0
CSX CORP COM	COM	126408103	1,936	21,328	SH		DFND		21,328	0	0
CADENCE DESIGN SYSTEM INC COM	COM	127387108	2,202	16,140	SH		DFND		16,140	0	0
CITRIX SYS INC COM	COM	177376100	8,032	61,739	SH		DFND		61,739	0	0
CUMMINS INC COM	COM	231021106	11,752	51,749	SH		DFND		51,749	0	0
DELL TECHNOLOGIES INC CL C	CL C	24703L202	2,249	30,688	SH		DFND		30,688	0	0
DIGITAL RLTY TR INC COM	COM	253868103	1,645	11,793	SH		DFND		11,793	0	0
ENPHASE ENERGY INC COM	COM	29355A107	12,685	72,293	SH		DFND		72,293	0	0
EQUIFAX INC COM	COM	294429105	455	2,358	SH		DFND		2,358	0	0
GRAND CANYON ED INC COM	COM	38526M106	1,091	11,712	SH		DFND		11,712	0	0
ILLINOIS TOOL WKS INC COM	COM	452308109	1,820	8,926	SH		DFND		8,926	0	0
INTEL CORP COM	COM	458140100	15,081	302,711	SH		DFND		302,711	0	0
INTERNATIONAL BUSINESS MACHS COM	COM	459200101	6,724	53,417	SH		DFND		53,417	0	0
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	1,800	13,628	SH		DFND		13,628	0	0
KIMBERLY-CLARK CORP COM	COM	494368103	39,065	289,737	SH		DFND		277,207	0	12,530
KROGER CO COM	COM	501044101	2,926	92,126	SH		DFND		92,126	0	0
LAMB WESTON HLDGS INC COM	COM	513272104	1,638	20,805	SH		DFND		20,805	0	0
LOCKHEED MARTIN CORP COM	COM	539830109	1,728	4,868	SH		DFND		4,868	0	0
MOODYS CORP COM	COM	615369105	1,574	5,423	SH		DFND		5,423	0	0
MURPHY USA INC COM	COM	626755102	1,029	7,860	SH		DFND		7,860	0	0
NETEASE INC SPONSORED ADS	ADS	64110W102	13,112	136,908	SH		DFND		136,908	0	0
NEW ORIENTAL ED & TECHNOLOGY SPON ADR	ADR	647581107	3,500	18,835	SH		DFND		18,835	0	0
NIKE INC CL B	CL B	654106103	1,910	13,502	SH		DFND		13,502	0	0
PEPSICO INC COM	COM	713448108	31,604	213,104	SH		DFND		200,818	0	12,286
ROGERS COMMUNICATIONS INC CL B	CL B	775109200	30,950	665,369	SH		DFND		628,506	0	36,863
SHERWIN WILLIAMS CO COM	COM	824348106	1,144	1,557	SH		DFND		1,557	0	0
SUN LIFE FINANCIAL INC. COM	COM	866796105	430	9,673	SH		DFND		9,673	0	0
TRIMBLE INC COM	COM	896239100	704	10,542	SH		DFND		10,542	0	0
UNITED PARCEL SERVICE INC CL B	CL B	911312106	26,199	155,575	SH		DFND		147,504	0	8,071
US FOODS HLDG CORP COM	COM	912008109	400	12,013	SH		DFND		12,013	0	0
VAIL RESORTS INC COM	COM	91879Q109	625	2,241	SH		DFND		2,241	0	0
VENTAS INC COM	COM	92276F100	835	17,037	SH		DFND		17,037	0	0
VISA INC COM CL A	CL A	92826C839	20,523	93,828	SH		DFND		93,828	0	0
WORKDAY INC CL A	CL A	98138H101	1,497	6,247	SH		DFND		6,247	0	0
XILINX INC COM	COM	983919101	251	1,767	SH		DFND		1,767	0	0
ROYAL CARIBBEAN GROUP COM	COM	V7780T103	668	8,938	SH		DFND		8,938	0	0
ALIGN TECHNOLOGY INC COM	COM	016255101	1,020	1,908	SH		DFND		1,908	0	0
AMERIPRISE FINL INC COM	COM	03076C106	1,609	8,280	SH		DFND		8,280	0	0
AMPHENOL CORP NEW CL A	NEW CL A	032095101	281	2,151	SH		DFND		2,151	0	0
ARROW ELECTRS INC COM	COM	042735100	830	8,532	SH		DFND		8,532	0	0
BAKER HUGHES COMPANY CL A	CL A	05722G100	11,044	529,712	SH		DFND		529,712	0	0
BALLARD PWR SYS INC NEW COM	COM	058586108	1,097	46,874	SH		DFND		46,874	0	0
BARRICK GOLD CORP COM	COM	067901108	788	34,624	SH		DFND		34,624	0	0
BORGWARNER INC COM	COM	099724106	6,877	177,979	SH		DFND		177,979	0	0
CARRIER GLOBAL CORPORATION COM	COM	14448C104	466	12,357	SH		DFND		12,357	0	0
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	1,878	1,354	SH		DFND		1,354	0	0
COMCAST CORP NEW CL A	CL A	20030N101	42,969	820,022	SH		DFND		793,226	0	26,796
DANAHER CORPORATION COM	COM	235851102	1,395	6,278	SH		DFND		6,278	0	0
DEERE & CO COM	COM	244199105	2,370	8,807	SH		DFND		8,807	0	0
DELTA AIR LINES INC DEL COM NEW	COM NEW	247361702	664	16,505	SH		DFND		16,505	0	0
DOUGLAS EMMETT INC COM	COM	25960P109	2,067	70,824	SH		DFND		70,824	0	0
DOVER CORP COM	COM	260003108	3,115	24,676	SH		DFND		24,676	0	0
EDWARDS LIFESCIENCES CORP COM	COM	28176E108	6,628	72,653	SH		DFND		72,653	0	0
EMERSON ELEC CO COM	COM	291011104	829	10,320	SH		DFND		10,320	0	0
FACEBOOK INC CL A	CL A	30303M102	6,578	24,081	SH		DFND		24,081	0	0
FACTSET RESH SYS INC COM	COM	303075105	361	1,087	SH		DFND		1,087	0	0
FEDEX CORP COM	COM	31428X106	9,991	38,485	SH		DFND		38,485	0	0
HANESBRANDS INC COM	COM	410345102	1,307	89,644	SH		DFND		89,644	0	0
HARTFORD FINL SVCS GROUP INC COM	COM	416515104	4,980	101,666	SH		DFND		101,666	0	0
HOLOGIC INC COM	COM	436440101	4,299	59,032	SH		DFND		59,032	0	0
INTERCONTINENTAL EXCHANGE IN COM	COM	45866F104	1,288	11,169	SH		DFND		11,169	0	0
INTERNATIONAL FLAVORS&FRAGRA COM	COM	459506101	254	2,331	SH		DFND		2,331	0	0
KAR AUCTION SVCS INC COM	COM	48238T109	567	30,447	SH		DFND		30,447	0	0
LULULEMON ATHLETICA INC COM	COM	550021109	713	2,049	SH		DFND		2,049	0	0
MCDONALDS CORP COM	COM	580135101	13	62	SH		DFND		62	0	0
MICROCHIP TECHNOLOGY INC. COM	COM	595017104	190	1,374	SH		DFND		1,374	0	0
MOHAWK INDS INC COM	COM	608190104	3,131	22,213	SH		DFND		22,213	0	0
MOLSON COORS BEVERAGE CO CL B	CL B	60871R209	2,269	50,221	SH		DFND		50,221	0	0
NRG ENERGY INC COM NEW	COM NEW	629377508	871	23,197	SH		DFND		23,197	0	0
NORTHERN TR CORP COM	COM	665859104	418	4,483	SH		DFND		4,483	0	0
NORTONLIFELOCK INC COM	COM	668771108	1,007	48,436	SH		DFND		48,436	0	0
NVIDIA CORPORATION COM	COM	67066G104	18,424	35,282	SH		DFND		35,282	0	0
OWENS CORNING NEW COM	NEW COM	690742101	6,330	83,555	SH		DFND		83,555	0	0
PNC FINL SVCS GROUP INC COM	COM	693475105	1,502	10,082	SH		DFND		10,082	0	0
PVH CORPORATION COM	COM	693656100	425	4,526	SH		DFND		4,526	0	0
REGIONS FINANCIAL CORP NEW COM	COM	7591EP100	3,491	216,534	SH		DFND		216,534	0	0
ROYAL BK CDA COM	COM	780087102	32,467	395,479	SH		DFND		371,634	0	23,845
SCHLUMBERGER LTD COM	COM	806857108	9,155	419,398	SH		DFND		419,398	0	0
SEAGEN INC COM ADDED	COM ADDED	81181C104	3,782	21,596	SH		DFND		21,596	0	0
SONOCO PRODS CO COM	COM	835495102	28,248	476,750	SH		DFND		446,639	0	30,111
STARWOOD PPTY TR INC COM	COM	85571B105	10	536	SH		DFND		536	0	0
TFI INTL INC COM	COM	87241L109	21,651	420,944	SH		DFND		394,487	0	26,457
TRACTOR SUPPLY CO COM	COM	892356106	24,763	176,149	SH		DFND		165,058	0	11,091
VERISIGN INC COM	COM	92343E102	63	291	SH		DFND		291	0	0
XYLEM INC COM	COM	98419M100	849	8,336	SH		DFND		8,336	0	0
AES CORP COM	COM	00130H105	528	22,451	SH		DFND		22,451	0	0
ABBOTT LABS COM	COM	002824100	24,898	227,403	SH		DFND		214,562	0	12,841
ACTIVISION BLIZZARD INC COM	COM	00507V109	2,749	29,603	SH		DFND		29,603	0	0
AGNICO EAGLE MINES LTD COM	COM	008474108	400	5,668	SH		DFND		5,668	0	0
ALIBABA GROUP HLDG LTD SPONSORED ADS	SPONSORED ADS	01609W102	53,541	230,056	SH		DFND		230,056	0	0
AMETEK INC COM	COM	031100100	475	3,929	SH		DFND		3,929	0	0
ANALOG DEVICES INC COM	COM	032654105	387	2,620	SH		DFND		2,620	0	0
ANSYS INC COM	COM	03662Q105	248	683	SH		DFND		683	0	0
BANK MONTREAL QUE COM	COM	063671101	371	4,885	SH		DFND		4,885	0	0
BANK NEW YORK MELLON CORP COM	COM	064058100	311	7,335	SH		DFND		7,335	0	0
BOOKING HOLDINGS INC COM	COM	09857L108	2,606	1,170	SH		DFND		1,170	0	0
BUILDERS FIRSTSOURCE INC COM	COM	12008R107	1,472	36,068	SH		DFND		36,068	0	0
CAPITAL ONE FINL CORP COM	COM	14040H105	1,580	15,986	SH		DFND		15,986	0	0
CATERPILLAR INC COM	COM	149123101	2,461	13,518	SH		DFND		13,518	0	0
CERNER CORP COM	COM	156782104	411	5,242	SH		DFND		5,242	0	0
CITIGROUP INC COM NEW	COM NEW	172967424	2,746	44,533	SH		DFND		44,533	0	0
CONAGRA BRANDS INC COM	COM	205887102	770	21,222	SH		DFND		21,222	0	0
DAVITA INC COM	COM	23918K108	1,381	11,763	SH		DFND		11,763	0	0
ECOLAB INC COM	COM	278865100	899	4,154	SH		DFND		4,154	0	0
EVERSOURCE ENERGY COM	COM	30040W108	994	11,486	SH		DFND		11,486	0	0
FASTENAL CO COM	COM	311900104	996	20,403	SH		DFND		20,403	0	0
JPMORGAN CHASE & CO COM	COM	46625H100	19,695	154,991	SH		DFND		154,991	0	0
JD.COM INC SPON ADR CL A	CL A	47215P106	8,238	93,724	SH		DFND		93,724	0	0
KANSAS CITY SOUTHERN COM NEW	COM NEW	485170302	355	1,739	SH		DFND		1,739	0	0
KEURIG DR PEPPER INC COM	COM	49271V100	376	11,750	SH		DFND		11,750	0	0
LAM RESEARCH CORP COM	COM	512807108	5,192	10,994	SH		DFND		10,994	0	0
MAGNA INTL INC COM	COM	559222401	1,977	27,942	SH		DFND		27,942	0	0
MARATHON OIL CORP COM	COM	565849106	676	101,371	SH		DFND		101,371	0	0
MARSH & MCLENNAN COS INC COM	COM	571748102	595	5,088	SH		DFND		5,088	0	0
MERCK & CO. INC COM	COM	58933Y105	46,312	566,159	SH		DFND		542,923	0	23,236
MOBILE TELESYSTEMS PJSC SPONSORED ADR	SPONSORED ADR	607409109	557	62,289	SH		DFND		62,289	0	0
MONDELEZ INTL INC CL A	CL A	609207105	11,825	202,234	SH		DFND		202,234	0	0
NASDAQ INC COM	COM	631103108	9,262	69,772	SH		DFND		69,772	0	0
NORFOLK SOUTHN CORP COM	COM	655844108	1,048	4,411	SH		DFND		4,411	0	0
OKTA INC CL A	CL A	679295105	250	984	SH		DFND		984	0	0
OTIS WORLDWIDE CORP COM	COM	68902V107	514	7,605	SH		DFND		7,605	0	0
PRICE T ROWE GROUP INC COM	COM	74144T108	6,368	42,061	SH		DFND		42,061	0	0
PROCTER AND GAMBLE CO COM	COM	742718109	49,094	352,842	SH		DFND		340,804	0	12,038
PUBLIC SVC ENTERPRISE GRP IN COM	COM	744573106	25,849	443,382	SH		DFND		415,470	0	27,912
SALESFORCE COM INC COM	COM	79466L302	18,303	82,249	SH		DFND		82,249	0	0
SEA LTD SPONSORD ADS	ADS	81141R100	2,428	12,200	SH		DFND		12,200	0	0
SQUARE INC CL A	CL A	852234103	1,889	8,681	SH		DFND		8,681	0	0
TANDEM DIABETES CARE INC COM NEW	COM NEW	875372203	1,315	13,742	SH		DFND		13,742	0	0
TIFFANY & CO NEW COM	COM	886547108	619	4,712	SH		DFND		4,712	0	0
TRANSUNION COM	COM	89400J107	344	3,469	SH		DFND		3,469	0	0
TWITTER INC COM	COM	90184L102	352	6,507	SH		DFND		6,507	0	0
ZOOM VIDEO COMMUNICATIONS IN CL A	CL A	98980L101	477	1,415	SH		DFND		1,415	0	0