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
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 LABS COM	COM	002824100	20,364	172,383	SH		DFND		172,383	0	15,699
ACUITY BRANDS INC COM	COM	00508Y102	3,219	18,567	SH		DFND		18,567	0	0
ALCOA CORP COM	COM	013872106	744	15,206	SH		DFND		15,206	0	0
ALLSTATE CORP COM	COM	020002101	42,515	333,945	SH		DFND		333,945	0	18,002
ALLY FINL INC COM	COM	02005N100	1,728	33,852	SH		DFND		33,852	0	0
ALTRIA GROUP INC COM	COM	02209S103	1,728	37,962	SH		DFND		37,962	0	0
AMAZON COM INC COM	COM	023135106	17,049	5,190	SH		DFND		5,190	0	0
AMERICAN EXPRESS CO COM	COM	025816109	2,314	13,813	SH		DFND		13,813	0	0
AMGEN INC COM	COM	031162100	12,591	59,211	SH		DFND		59,211	0	0
ANTHEM INC COM	COM	036752103	29,296	78,585	SH		DFND		78,585	0	6,095
APPLE INC COM	COM	037833100	107,747	761,463	SH		DFND		761,463	0	0
ARCHER DANIELS MIDLAND CO COM	COM	039483102	4,276	71,259	SH		DFND		71,259	0	0
AT&T INC COM	COM	00206R102	3,982	147,409	SH		DFND		147,409	0	0
AUTOMATIC DATA PROCESSING IN COM	COM	053015103	22,155	110,819	SH		DFND		110,819	0	10,945
AUTOZONE INC COM	COM	053332102	5,659	3,333	SH		DFND		3,333	0	0
AVERY DENNISON CORP COM	COM	053611109	14,910	71,955	SH		DFND		71,955	0	7,589
BEST BUY INC COM	COM	086516101	8,464	80,069	SH		DFND		80,069	0	0
BK OF AMERICA CORP COM	COM	060505104	12,602	296,866	SH		DFND		296,866	0	0
CAPITAL ONE FINL CORP COM	COM	14040H105	7,014	43,305	SH		DFND		43,305	0	0
CATERPILLAR INC COM	COM	149123101	618	3,220	SH		DFND		3,220	0	0
CISCO SYS INC COM	COM	17275R102	48,493	890,918	SH		DFND		890,918	0	37,666
CONOCOPHILLIPS COM	COM	20825C104	9,380	138,409	SH		DFND		138,409	0	0
CSX CORP COM	COM	126408103	685	23,023	SH		DFND		23,023	0	0
CVS HEALTH CORP COM	COM	126650100	35,072	413,289	SH		DFND		413,289	0	26,768
DANAHER CORPORATION COM	COM	235851102	9,332	30,653	SH		DFND		30,653	0	0
DTE ENERGY CO COM	COM	233331107	18,709	167,480	SH		DFND		167,480	0	17,173
EBAY INC. COM	COM	278642103	2,922	41,944	SH		DFND		41,944	0	0
EXXON MOBIL CORP COM	COM	30231G102	4,568	77,665	SH		DFND		77,665	0	0
FEDEX CORP COM	COM	31428X106	4,950	22,572	SH		DFND		22,572	0	0
FIRST REP BK SAN FRANCISCO C COM	COM	33616C100	4,570	23,691	SH		DFND		23,691	0	0
FORTINET INC COM	COM	34959E109	2,962	10,141	SH		DFND		10,141	0	0
GILEAD SCIENCES INC COM	COM	375558103	16,875	241,592	SH		DFND		241,592	0	0
GOLDMAN SACHS GROUP INC COM	COM	38141G104	3,362	8,893	SH		DFND		8,893	0	0
HALLIBURTON CO COM	COM	406216101	10,260	474,546	SH		DFND		474,546	0	0
HCA HEALTHCARE INC COM	COM	40412C101	6,879	28,343	SH		DFND		28,343	0	0
HP INC COM	COM	40434L105	5,579	203,903	SH		DFND		203,903	0	0
INTEL CORP COM	COM	458140100	11,736	220,274	SH		DFND		220,274	0	0
INTERPUBLIC GROUP COS INC COM	COM	460690100	1,432	39,047	SH		DFND		39,047	0	0
JOHNSON & JOHNSON COM	COM	478160104	21,797	134,964	SH		DFND		134,964	0	14,076
JONES LANG LASALLE INC COM	COM	48020Q107	3,976	16,028	SH		DFND		16,028	0	0
JPMORGAN CHASE & CO COM	COM	46625H100	37,064	226,425	SH		DFND		226,425	0	0
KELLOGG CO COM	COM	487836108	693	10,835	SH		DFND		10,835	0	0
KIMBERLY-CLARK CORP COM	COM	494368103	16,642	125,656	SH		DFND		125,656	0	12,219
KOHLS CORP COM	COM	500255104	606	12,877	SH		DFND		12,877	0	0
KROGER CO COM	COM	501044101	480	11,880	SH		DFND		11,880	0	0
LEIDOS HOLDINGS INC COM	COM	525327102	554	5,767	SH		DFND		5,767	0	0
LILLY ELI & CO COM	COM	532457108	33,998	147,145	SH		DFND		147,145	0	7,371
LINCOLN NATL CORP IND COM	COM	534187109	1,289	18,755	SH		DFND		18,755	0	0
LKQ CORP COM	COM	501889208	4,460	88,637	SH		DFND		88,637	0	0
LOWES COS INC COM	COM	548661107	40,258	198,452	SH		DFND		198,452	0	8,363
LULULEMON ATHLETICA INC COM	COM	550021109	829	2,049	SH		DFND		2,049	0	0
MARATHON OIL CORP COM	COM	565849106	2,828	206,885	SH		DFND		206,885	0	0
MCDONALDS CORP COM	COM	580135101	373	1,546	SH		DFND		1,546	0	0
MERCK & CO INC COM	COM	58933Y105	32,388	431,209	SH		DFND		431,209	0	25,997
MICRON TECHNOLOGY INC COM	COM	595112103	4,619	65,078	SH		DFND		65,078	0	0
MICROSOFT CORP COM	COM	594918104	137,616	488,137	SH		DFND		488,137	0	6,899
MOSAIC CO NEW COM	COM	61945C103	4,981	139,448	SH		DFND		139,448	0	0
NETAPP INC COM	COM	64110D104	5,038	56,127	SH		DFND		56,127	0	0
NUCOR CORP COM	COM	670346105	13,974	141,883	SH		DFND		141,883	0	0
PEPSICO INC COM	COM	713448108	37,129	246,849	SH		DFND		246,849	0	12,236
PFIZER INC COM	COM	717081103	7,138	165,965	SH		DFND		165,965	0	0
PROCTER AND GAMBLE CO COM	COM	742718109	47,076	336,739	SH		DFND		336,739	0	16,423
PRUDENTIAL FINL INC COM	COM	744320102	3,558	33,825	SH		DFND		33,825	0	0
PUBLIC SVC ENTERPRISE GRP IN COM	COM	744573106	17,148	281,577	SH		DFND		281,577	0	29,475
ROYAL BK CDA COM	COM	780087102	23,705	238,277	SH		DFND		238,277	0	22,924
ROYAL CARIBBEAN GROUP COM	COM	V7780T103	913	10,262	SH		DFND		10,262	0	0
SCHLUMBERGER LTD COM STK	COM	806857108	7,876	265,710	SH		DFND		265,710	0	0
STARBUCKS CORP COM	COM	855244109	1,337	12,120	SH		DFND		12,120	0	0
STEEL DYNAMICS INC COM	COM	858119100	12,311	210,517	SH		DFND		210,517	0	0
SYSCO CORP COM	COM	871829107	1,119	14,260	SH		DFND		14,260	0	0
T-MOBILE US INC COM	COM	872590104	674	5,278	SH		DFND		5,278	0	0
TARGET CORP COM	COM	87612E106	28,373	124,026	SH		DFND		124,026	0	0
TJX COS INC NEW COM	COM	872540109	1,026	15,544	SH		DFND		15,544	0	0
TRACTOR SUPPLY CO COM	COM	892356106	8,869	43,773	SH		DFND		43,773	0	0
TRAVELERS COMPANIES INC COM	COM	89417E109	21,429	140,973	SH		DFND		140,973	0	12,317
UNION PAC CORP COM	COM	907818108	1,300	6,632	SH		DFND		6,632	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	33,802	86,507	SH		DFND		86,507	0	4,642
VERIZON COMMUNICATIONS INC COM	COM	92343V104	25,082	464,395	SH		DFND		464,395	0	35,721
WALGREENS BOOTS ALLIANCE INC COM	COM	931427108	1,040	22,097	SH		DFND		22,097	0	0
WASTE MGMT INC DEL COM	COM	94106L109	873	5,848	SH		DFND		5,848	0	0
XPO LOGISTICS INC COM	COM	983793100	644	8,096	SH		DFND		8,096	0	0
DISNEY WALT CO COM	COM DISNEY	254687106	5,448	32,202	SH		DFND		32,202	0	0
DELTA AIR LINES INC DEL COM NEW	COM NEW	247361702	703	16,505	SH		DFND		16,505	0	0
DISCOVERY INC COM SER A	COM SER A	25470F104	1,236	48,704	SH		DFND		48,704	0	0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	SPONSORED ADR	874039100	12,903	115,566	SH		DFND		115,566	0	0
ORGANON & CO COMMON STOCK	ADDED	68622V106	156	4,755	SH		DFND		4,755	0	0
ICICI BANK LIMITED ADR	ADR	45104G104	12,792	677,882	SH		DFND		677,882	0	0
NETEASE INC SPONSORED ADS	ADS	64110W102	5,817	68,110	SH		DFND		68,110	0	0
NIO INC SPON ADS	ADS	62914V106	1,005	28,210	SH		DFND		28,210	0	0
SEA LTD SPONSORD ADS	ADS	81141R100	5,352	16,791	SH		DFND		16,791	0	0
XPENG INC ADS	ADS	98422D105	746	20,978	SH		DFND		20,978	0	0
ALPHABET INC CAP STK CL A	CL A	02079K305	109,264	40,869	SH		DFND		40,869	0	0
BAKER HUGHES COMPANY CL A	CL A	05722G100	12,480	504,668	SH		DFND		504,668	0	0
CBRE GROUP INC CL A	CL A	12504L109	6,706	68,879	SH		DFND		68,879	0	0
COGNIZANT TECHNOLOGY SOLUTIO CL A	CL A	192446102	3,646	49,135	SH		DFND		49,135	0	0
COMCAST CORP NEW CL A	CL A	20030N101	48,555	868,140	SH		DFND		868,140	0	33,295
DROPBOX INC CL A	CL A	26210C104	964	32,981	SH		DFND		32,981	0	0
FACEBOOK INC CL A	CL A	30303M102	8,790	25,898	SH		DFND		25,898	0	0
JD.COM INC SPON ADR CL A	CL A	47215P106	3,301	45,690	SH		DFND		45,690	0	0
LAUDER ESTEE COS INC CL A	CL A	518439104	11	38	SH		DFND		38	0	0
LENNAR CORP CL A	CL A	526057104	7,340	78,356	SH		DFND		78,356	0	0
MASTERCARD INCORPORATED CL A	CL A	57636Q104	6,369	18,319	SH		DFND		18,319	0	0
MONDELEZ INTL INC CL A	CL A	609207105	7,270	124,954	SH		DFND		124,954	0	0
NEW YORK TIMES CO CL A	CL A	650111107	379	7,691	SH		DFND		7,691	0	0
OKTA INC CL A	CL A	679295105	890	3,750	SH		DFND		3,750	0	0
RINGCENTRAL INC CL A	CL A	76680R206	565	2,596	SH		DFND		2,596	0	0
ROKU INC COM CL A	CL A	77543R102	212	678	SH		DFND		678	0	0
SHOPIFY INC CL A	CL A	82509L107	1,102	812	SH		DFND		812	0	0
SNAP INC CL A	CL A	83304A106	1,836	24,854	SH		DFND		24,854	0	0
SQUARE INC CL A	CL A	852234103	3,067	12,786	SH		DFND		12,786	0	0
TWILIO INC CL A	CL A	90138F102	2,011	6,303	SH		DFND		6,303	0	0
TYSON FOODS INC CL A	CL A	902494103	23,987	303,862	SH		DFND		303,862	0	0
VISA INC COM CL A	CL A	92826C839	24,832	111,481	SH		DFND		111,481	0	0
WAYFAIR INC CL A	CL A	94419L101	1,568	6,137	SH		DFND		6,137	0	0
WORKDAY INC CL A	CL A	98138H101	955	3,823	SH		DFND		3,823	0	0
ZEBRA TECHNOLOGIES CORPORATI CL A	CL A	989207105	627	1,217	SH		DFND		1,217	0	0
ZILLOW GROUP INC CL A	CL A	98954M101	1,735	19,585	SH		DFND		19,585	0	0
ZOETIS INC CL A	CL A	98978V103	834	4,298	SH		DFND		4,298	0	0
ZOOM VIDEO COMMUNICATIONS IN CL A	CL A	98980L101	476	1,819	SH		DFND		1,819	0	0
ZYNGA INC CL A	CL A	98986T108	614	81,576	SH		DFND		81,576	0	0
ERKSHIRE HATHAWAY INC DEL CL A	CL A	084670108	2,057	5	SH		DFND		5	0	0
LEVI STRAUSS & CO NEW CL A COM STK	CL A COM	52736R102	1,113	45,428	SH		DFND		45,428	0	0
VMWARE INC CL A COM	CL A COM	928563402	1,206	8,113	SH		DFND		8,113	0	0
FREEPORT-MCMORAN INC CL B	CL B	35671D857	1,402	43,088	SH		DFND		43,088	0	0
NIKE INC CL B	CL B	654106103	10,117	69,663	SH		DFND		69,663	0	0
ROGERS COMMUNICATIONS INC CL B	CL B	775109200	22,072	472,719	SH		DFND		472,719	0	41,946
UNITED PARCEL SERVICE INC CL B	CL B	911312106	16,872	92,650	SH		DFND		92,650	0	8,866
VIACOMCBS INC CL B	CL B	92556H206	1,740	44,051	SH		DFND		44,051	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	14,798	54,218	SH		DFND		54,218	0	0
DELL TECHNOLOGIES INC CL C	CL C	24703L202	7,947	76,386	SH		DFND		76,386	0	0
ABBVIE INC COM	COM	00287Y109	13,050	120,980	SH		DFND		120,980	0	0
ABIOMED INC COM	COM	003654100	1,004	3,083	SH		DFND		3,083	0	0
ACTIVISION BLIZZARD INC COM	COM	00507V109	6	80	SH		DFND		80	0	0
ADOBE SYSTEMS INCORPORATED COM	COM	00724F101	19,292	33,510	SH		DFND		33,510	0	0
ADVANCED DRAIN SYS INC DEL COM	COM	00790R104	5,381	49,745	SH		DFND		49,745	0	0
AGILENT TECHNOLOGIES INC COM	COM	00846U101	724	4,598	SH		DFND		4,598	0	0
AGNC INVT CORP COM	COM	00123Q104	3,583	227,173	SH		DFND		227,173	0	0
AGNICO EAGLE MINES LTD COM	COM	008474108	294	5,668	SH		DFND		5,668	0	0
ALBEMARLE CORP COM	COM	012653101	1,459	6,661	SH		DFND		6,661	0	0
ALEXANDRIA REAL ESTATE EQ IN COM	COM	015271109	284	1,488	SH		DFND		1,488	0	0
ALIGN TECHNOLOGY INC COM	COM	016255101	757	1,138	SH		DFND		1,138	0	0
APPLIED MATLS INC COM	COM	038222105	30,980	240,657	SH		DFND		240,657	0	0
ARROW ELECTRS INC COM	COM	042735100	1,674	14,912	SH		DFND		14,912	0	0
AUTODESK INC COM	COM	052769106	1,659	5,818	SH		DFND		5,818	0	0
AVANGRID INC COM	COM	05351W103	744	15,308	SH		DFND		15,308	0	0
BALLARD PWR SYS INC NEW COM	COM	058586108	385	27,374	SH		DFND		27,374	0	0
BANK MONTREAL QUE COM	COM	063671101	488	4,885	SH		DFND		4,885	0	0
BANK NEW YORK MELLON CORP COM	COM	064058100	787	15,176	SH		DFND		15,176	0	0
BANK NOVA SCOTIA B C COM	COM	064149107	1,199	19,476	SH		DFND		19,476	0	0
BAXTER INTL INC COM	COM	071813109	372	4,626	SH		DFND		4,626	0	0
BEYOND MEAT INC COM	COM	08862E109	156	1,481	SH		DFND		1,481	0	0
BIOGEN INC COM	COM	09062X103	643	2,271	SH		DFND		2,271	0	0
BLACKROCK INC COM	COM	09247X101	1,500	1,788	SH		DFND		1,788	0	0
BOOKING HOLDINGS INC COM	COM	09857L108	330	139	SH		DFND		139	0	0
BORGWARNER INC COM	COM	099724106	2,788	64,513	SH		DFND		64,513	0	0
BRISTOL-MYERS SQUIBB CO COM	COM	110122108	21,092	356,471	SH		DFND		356,471	0	0
BUILDERS FIRSTSOURCE INC COM	COM	12008R107	682	13,174	SH		DFND		13,174	0	0
CADENCE DESIGN SYSTEM INC COM	COM	127387108	1,230	8,122	SH		DFND		8,122	0	0
CAE INC COM	COM	124765108	886	29,679	SH		DFND		29,679	0	0
CAESARS ENTERTAINMENT INC NE COM	COM	12769G100	1,915	17,058	SH		DFND		17,058	0	0
CANADIAN PAC RY LTD COM	COM	13645T100	1,850	28,332	SH		DFND		28,332	0	0
CERNER CORP COM	COM	156782104	370	5,242	SH		DFND		5,242	0	0
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	1,360	748	SH		DFND		748	0	0
CIGNA CORP NEW COM	COM	125523100	724	3,619	SH		DFND		3,619	0	0
CINCINNATI FINL CORP COM	COM	172062101	2,943	25,764	SH		DFND		25,764	0	0
CITIZENS FINL GROUP INC COM	COM	174610105	5,122	109,027	SH		DFND		109,027	0	0
CITRIX SYS INC COM	COM	177376100	979	9,115	SH		DFND		9,115	0	0
CLOROX CO DEL COM	COM	189054109	452	2,729	SH		DFND		2,729	0	0
CLOUDFLARE INC CL A COM	COM	18915M107	1,168	10,366	SH		DFND		10,366	0	0
CMS ENERGY CORP COM	COM	125896100	20,933	350,454	SH		DFND		350,454	0	36,185
COCA COLA CO COM	COM	191216100	35,879	683,807	SH		DFND		683,807	0	42,761
COLGATE PALMOLIVE CO COM	COM	194162103	13,852	183,281	SH		DFND		183,281	0	0
CONAGRA BRANDS INC COM	COM	205887102	719	21,222	SH		DFND		21,222	0	0
COPART INC COM	COM	217204106	847	6,107	SH		DFND		6,107	0	0
CORNING INC COM	COM	219350105	2,586	70,862	SH		DFND		70,862	0	0
COSTAR GROUP INC COM	COM	22160N109	8	90	SH		DFND		90	0	0
CROCS INC COM	COM	227046109	2,406	16,772	SH		DFND		16,772	0	0
CUMMINS INC COM	COM	231021106	5,332	23,745	SH		DFND		23,745	0	0
DARLING INGREDIENTS INC COM	COM	237266101	6,999	97,348	SH		DFND		97,348	0	0
DECKERS OUTDOOR CORP COM	COM	243537107	3,273	9,088	SH		DFND		9,088	0	0
DEERE & CO COM	COM	244199105	19,302	57,605	SH		DFND		57,605	0	0
DEXCOM INC COM	COM	252131107	5,022	9,183	SH		DFND		9,183	0	0
DICKS SPORTING GOODS INC COM	COM	253393102	3,364	28,085	SH		DFND		28,085	0	0
DIGITAL RLTY TR INC COM	COM	253868103	1,245	8,622	SH		DFND		8,622	0	0
DOUGLAS EMMETT INC COM	COM	25960P109	900	28,478	SH		DFND		28,478	0	0
ECOLAB INC COM	COM	278865100	867	4,154	SH		DFND		4,154	0	0
EDWARDS LIFESCIENCES CORP COM	COM	28176E108	23,069	203,776	SH		DFND		203,776	0	0
ELECTRONIC ARTS INC COM	COM	285512109	757	5,325	SH		DFND		5,325	0	0
EMCOR GROUP INC COM	COM	29084Q100	1,844	15,986	SH		DFND		15,986	0	0
ENPHASE ENERGY INC COM	COM	29355A107	2,268	15,121	SH		DFND		15,121	0	0
EQUINIX INC COM	COM	29444U700	663	839	SH		DFND		839	0	0
ESSENTIAL UTILS INC COM	COM	29670G102	480	10,418	SH		DFND		10,418	0	0
ETSY INC COM	COM	29786A106	4,930	23,706	SH		DFND		23,706	0	0
EVERSOURCE ENERGY COM	COM	30040W108	379	4,630	SH		DFND		4,630	0	0
EXPEDITORS INTL WASH INC COM	COM	302130109	16,185	135,860	SH		DFND		135,860	0	0
FACTSET RESH SYS INC COM	COM	303075105	429	1,087	SH		DFND		1,087	0	0
FASTENAL CO COM	COM	311900104	515	9,971	SH		DFND		9,971	0	0
FIDELITY NATL INFORMATION SV COM	COM	31620M106	1,171	9,621	SH		DFND		9,621	0	0
FIRST SOLAR INC COM	COM	336433107	1,809	18,954	SH		DFND		18,954	0	0
FISERV INC COM	COM	337738108	5,257	48,450	SH		DFND		48,450	0	0
FORD MTR CO DEL COM	COM	345370860	5,949	420,112	SH		DFND		420,112	0	0
GAP INC COM	COM	364760108	649	28,589	SH		DFND		28,589	0	0
GENERAC HLDGS INC COM	COM	368736104	17,512	42,850	SH		DFND		42,850	0	0
GENERAL MLS INC COM	COM	370334104	6,289	105,128	SH		DFND		105,128	0	0
GENERAL MTRS CO COM	COM	37045V100	10,817	205,225	SH		DFND		205,225	0	0
GENTEX CORP COM	COM	371901109	1,865	56,544	SH		DFND		56,544	0	0
GLOBAL PMTS INC COM	COM	37940X102	1,149	7,292	SH		DFND		7,292	0	0
GRAND CANYON ED INC COM	COM	38526M106	5	57	SH		DFND		57	0	0
HANESBRANDS INC COM	COM	410345102	444	25,900	SH		DFND		25,900	0	0
HARTFORD FINL SVCS GROUP INC COM	COM	416515104	1,768	25,168	SH		DFND		25,168	0	0
HASBRO INC COM	COM	418056107	471	5,282	SH		DFND		5,282	0	0
HEALTHPEAK PROPERTIES INC COM	COM	42250P103	511	15,252	SH		DFND		15,252	0	0
HEWLETT PACKARD ENTERPRISE C COM	COM	42824C109	5,312	372,761	SH		DFND		372,761	0	0
HOLOGIC INC COM	COM	436440101	7,133	96,645	SH		DFND		96,645	0	0
HOME DEPOT INC COM	COM	437076102	23,884	72,760	SH		DFND		72,760	0	0
HORMEL FOODS CORP COM	COM	440452100	416	10,158	SH		DFND		10,158	0	0
HUBBELL INC COM	COM	443510607	408	2,257	SH		DFND		2,257	0	0
HUMANA INC COM	COM	444859102	3,997	10,270	SH		DFND		10,270	0	0
HUNTINGTON BANCSHARES INC COM	COM	446150104	776	50,185	SH		DFND		50,185	0	0
IDEX CORP COM	COM	45167R104	836	4,042	SH		DFND		4,042	0	0
ILLINOIS TOOL WKS INC COM	COM	452308109	697	3,374	SH		DFND		3,374	0	0
INGERSOLL RAND INC COM	COM	45687V106	1,644	32,604	SH		DFND		32,604	0	0
INSULET CORP COM	COM	45784P101	736	2,590	SH		DFND		2,590	0	0
INTERNATIONAL BUSINESS MACHS COM	COM	459200101	1,356	9,763	SH		DFND		9,763	0	0
INTERNATIONAL FLAVORS&FRAGRA COM	COM	459506101	312	2,331	SH		DFND		2,331	0	0
INTUIT COM	COM	461202103	6,123	11,349	SH		DFND		11,349	0	0
KEURIG DR PEPPER INC COM	COM	49271V100	401	11,750	SH		DFND		11,750	0	0
KEYCORP COM	COM	493267108	1,770	81,848	SH		DFND		81,848	0	0
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	1,923	11,704	SH		DFND		11,704	0	0
KILROY RLTY CORP COM	COM	49427F108	327	4,942	SH		DFND		4,942	0	0
KIRKLAND LAKE GOLD LTD COM	COM	49741E100	295	7,089	SH		DFND		7,089	0	0
KKR & CO INC COM	COM	48251W104	13,104	215,243	SH		DFND		215,243	0	0
LAM RESEARCH CORP COM	COM	512807108	16,948	29,777	SH		DFND		29,777	0	0
LAMB WESTON HLDGS INC COM	COM	513272104	261	4,246	SH		DFND		4,246	0	0
LIVE NATION ENTERTAINMENT IN COM	COM	538034109	755	8,282	SH		DFND		8,282	0	0
LOUISIANA PAC CORP COM	COM	546347105	4,349	70,868	SH		DFND		70,868	0	0
MAGNA INTL INC COM	COM	559222401	2,836	37,688	SH		DFND		37,688	0	0
MANULIFE FINL CORP COM	COM	56501R106	1,583	82,240	SH		DFND		82,240	0	0
MARSH & MCLENNAN COS INC COM	COM	571748102	3,740	24,701	SH		DFND		24,701	0	0
MERCADOLIBRE INC COM	COM	58733R102	348	207	SH		DFND		207	0	0
METLIFE INC COM	COM	59156R108	6,542	105,974	SH		DFND		105,974	0	0
METTLER TOLEDO INTERNATIONAL COM	COM	592688105	376	273	SH		DFND		273	0	0
MICROCHIP TECHNOLOGY INC. COM	COM	595017104	1,730	11,270	SH		DFND		11,270	0	0
MOHAWK INDS INC COM	COM	608190104	3,908	22,027	SH		DFND		22,027	0	0
MOODYS CORP COM	COM	615369105	391	1,102	SH		DFND		1,102	0	0
MURPHY USA INC COM	COM	626755102	661	3,949	SH		DFND		3,949	0	0
NETFLIX INC COM	COM	64110L106	4,825	7,905	SH		DFND		7,905	0	0
NEWELL BRANDS INC COM	COM	651229106	595	26,892	SH		DFND		26,892	0	0
NEWMONT CORP COM	COM	651639106	1,253	23,075	SH		DFND		23,075	0	0
NEXTERA ENERGY INC COM	COM	65339F101	15	188	SH		DFND		188	0	0
NORTHERN TR CORP COM	COM	665859104	483	4,483	SH		DFND		4,483	0	0
NUTRIEN LTD COM	COM	67077M108	5,022	77,402	SH		DFND		77,402	0	0
NVIDIA CORPORATION COM	COM	67066G104	30,772	148,542	SH		DFND		148,542	0	0
OCCIDENTAL PETE CORP COM	COM	674599105	1,986	67,142	SH		DFND		67,142	0	0
ON SEMICONDUCTOR CORP COM	COM	682189105	2,702	59,030	SH		DFND		59,030	0	0
ORACLE CORP COM	COM	68389X105	30,882	354,435	SH		DFND		354,435	0	0
ORMAT TECHNOLOGIES INC COM	COM	686688102	505	7,581	SH		DFND		7,581	0	0
OSHKOSH CORP COM	COM	688239201	649	6,341	SH		DFND		6,341	0	0
OVINTIV INC COM	COM	69047Q102	829	25,215	SH		DFND		25,215	0	0
PACCAR INC COM	COM	693718108	2,041	25,857	SH		DFND		25,857	0	0
PAYPAL HLDGS INC COM	COM	70450Y103	12,998	49,952	SH		DFND		49,952	0	0
PIONEER NAT RES CO COM	COM	723787107	1,776	10,664	SH		DFND		10,664	0	0
PNC FINL SVCS GROUP INC COM	COM	693475105	1,418	7,248	SH		DFND		7,248	0	0
POOL CORP COM	COM	73278L105	642	1,478	SH		DFND		1,478	0	0
POTLATCHDELTIC CORPORATION COM	COM	737630103	1,247	24,167	SH		DFND		24,167	0	0
PPG INDS INC COM	COM	693506107	585	4,090	SH		DFND		4,090	0	0
PPL CORP COM	COM	69351T106	3,367	120,759	SH		DFND		120,759	0	0
PRICE T ROWE GROUP INC COM	COM	74144T108	13,202	67,118	SH		DFND		67,118	0	0
PROLOGIS INC. COM	COM	74340W103	648	5,165	SH		DFND		5,165	0	0
PTC INC COM	COM	69370C100	1,379	11,513	SH		DFND		11,513	0	0
PULTE GROUP INC COM	COM	745867101	2,937	63,954	SH		DFND		63,954	0	0
PVH CORPORATION COM	COM	693656100	465	4,526	SH		DFND		4,526	0	0
QORVO INC COM	COM	74736K101	1,616	9,663	SH		DFND		9,663	0	0
QUALCOMM INC COM	COM	747525103	11,034	85,552	SH		DFND		85,552	0	0
QUANTA SVCS INC COM	COM	74762E102	3,276	28,786	SH		DFND		28,786	0	0
RAYTHEON TECHNOLOGIES CORP COM	COM	75513E101	1,436	16,701	SH		DFND		16,701	0	0
REGENERON PHARMACEUTICALS COM	COM	75886F107	21,145	34,940	SH		DFND		34,940	0	0
REGIONS FINANCIAL CORP NEW COM	COM	7591EP100	18,148	851,630	SH		DFND		851,630	0	0
ROCKWELL AUTOMATION INC COM	COM	773903109	964	3,279	SH		DFND		3,279	0	0
S&P GLOBAL INC COM	COM	78409V104	35,385	83,281	SH		DFND		83,281	0	4,732
SALESFORCE COM INC COM	COM	79466L302	13,724	50,601	SH		DFND		50,601	0	0
SAREPTA THERAPEUTICS INC COM	COM	803607100	675	7,301	SH		DFND		7,301	0	0
SCHWAB CHARLES CORP COM	COM	808513105	9,057	124,338	SH		DFND		124,338	0	0
SERVICE CORP INTL COM	COM	817565104	3,220	53,433	SH		DFND		53,433	0	0
SERVICENOW INC COM	COM	81762P102	4,093	6,577	SH		DFND		6,577	0	0
SHERWIN WILLIAMS CO COM	COM	824348106	7,390	26,419	SH		DFND		26,419	0	0
SKYWORKS SOLUTIONS INC COM	COM	83088M102	2,599	15,770	SH		DFND		15,770	0	0
SNAP ON INC COM	COM	833034101	2,502	11,973	SH		DFND		11,973	0	0
SOLAREDGE TECHNOLOGIES INC COM	COM	83417M104	240	904	SH		DFND		904	0	0
SPLUNK INC COM	COM	848637104	379	2,620	SH		DFND		2,620	0	0
SS&C TECHNOLOGIES HLDGS INC COM	COM	78467J100	4,060	58,503	SH		DFND		58,503	0	0
STATE STR CORP COM	COM	857477103	1,257	14,843	SH		DFND		14,843	0	0
SUN LIFE FINANCIAL INC. COM	COM	866796105	498	9,673	SH		DFND		9,673	0	0
SUNRUN INC COM	COM	86771W105	564	12,812	SH		DFND		12,812	0	0
SVB FINANCIAL GROUP COM	COM	78486Q101	1,957	3,025	SH		DFND		3,025	0	0
SYNNEX CORP COM	COM	87162W100	1,975	18,970	SH		DFND		18,970	0	0
SYNOPSYS INC COM	COM	871607107	3,153	10,531	SH		DFND		10,531	0	0
TC ENERGY CORP COM	COM	87807B107	24	498	SH		DFND		498	0	0
TELUS CORPORATION COM	COM	87971M103	299	13,627	SH		DFND		13,627	0	0
TESLA INC COM	COM	88160R101	8,654	11,160	SH		DFND		11,160	0	0
TEXAS INSTRS INC COM	COM	882508104	27,141	141,204	SH		DFND		141,204	0	0
TFI INTL INC COM	COM	87241L109	16,424	160,574	SH		DFND		160,574	0	16,466
TRIMBLE INC COM	COM	896239100	1,292	15,709	SH		DFND		15,709	0	0
TRUIST FINL CORP COM	COM	89832Q109	13,163	224,436	SH		DFND		224,436	0	0
TWITTER INC COM	COM	90184L102	1,801	29,825	SH		DFND		29,825	0	0
UNITED RENTALS INC COM	COM	911363109	3,435	9,787	SH		DFND		9,787	0	0
US FOODS HLDG CORP COM	COM	912008109	667	19,251	SH		DFND		19,251	0	0
V F CORP COM	COM	918204108	340	5,081	SH		DFND		5,081	0	0
VAIL RESORTS INC COM	COM	91879Q109	749	2,241	SH		DFND		2,241	0	0
VENTAS INC COM	COM	92276F100	941	17,037	SH		DFND		17,037	0	0
VERTEX PHARMACEUTICALS INC COM	COM	92532F100	14,388	79,320	SH		DFND		79,320	0	0
VICI PPTYS INC COM	COM	925652109	1,582	55,693	SH		DFND		55,693	0	0
WABTEC COM	COM	929740108	686	7,956	SH		DFND		7,956	0	0
WESTERN DIGITAL CORP. COM	COM	958102105	2,794	49,496	SH		DFND		49,496	0	0
WESTROCK CO COM	COM	96145D105	1,375	27,597	SH		DFND		27,597	0	0
WHEATON PRECIOUS METALS CORP COM	COM	962879102	868	23,098	SH		DFND		23,098	0	0
WHIRLPOOL CORP COM	COM	963320106	1,324	6,494	SH		DFND		6,494	0	0
WILLIAMS SONOMA INC COM	COM	969904101	3,091	17,431	SH		DFND		17,431	0	0
XYLEM INC COM	COM	98419M100	1,991	16,096	SH		DFND		16,096	0	0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM	COM A	531229409	675	14,312	SH		DFND		14,312	0	0
LUMEN TECHNOLOGIES INC COM	COM ADDED	550241103	2,325	187,617	SH		DFND		187,617	0	0
NOV INC COM	COM ADDED	62955J103	1,141	87,011	SH		DFND		87,011	0	0
WEST FRASER TIMBER CO LTD COM	COM ADDED	952845105	14,194	168,555	SH		DFND		168,555	0	0
CME GROUP INC COM	COM CL A	12572Q105	1,167	6,034	SH		DFND		6,034	0	0
AMERICAN INTL GROUP INC COM NEW	COM NEW	026874784	1,820	33,163	SH		DFND		33,163	0	0
CHENIERE ENERGY INC COM NEW	COM NEW	16411R208	1,843	18,866	SH		DFND		18,866	0	0
CITIGROUP INC COM NEW	COM NEW	172967424	9,430	134,371	SH		DFND		134,371	0	0
DEVON ENERGY CORP NEW COM	COM NEW	25179M103	2,244	63,192	SH		DFND		63,192	0	0
FMC CORP COM NEW	COM NEW	302491303	2,885	31,511	SH		DFND		31,511	0	0
LABORATORY CORP AMER HLDGS COM NEW	COM NEW	50540R409	10,770	38,268	SH		DFND		38,268	0	0
MORGAN STANLEY COM NEW	COM NEW	617446448	8,997	92,457	SH		DFND		92,457	0	0
NRG ENERGY INC COM NEW	COM NEW	629377508	1,896	46,440	SH		DFND		46,440	0	0
RENEWABLE ENERGY GROUP INC COM NEW	COM NEW	75972A301	3,104	61,825	SH		DFND		61,825	0	0
TANDEM DIABETES CARE INC COM NEW	COM NEW	875372203	1,007	8,433	SH		DFND		8,433	0	0
TORONTO DOMINION BK ONT COM NEW	COM NEW	891160509	13,014	196,620	SH		DFND		196,620	0	0
WEYERHAEUSER CO MTN BE COM NEW	COM NEW	962166104	6,507	182,941	SH		DFND		182,941	0	0
EQUITY RESIDENTIAL SH BEN INT	INT	29476L107	694	8,581	SH		DFND		8,581	0	0
SBA COMMUNICATIONS CORP NEW CL A	NEW CL A	78410G104	535	1,617	SH		DFND		1,617	0	0
AMERICAN TOWER CORP NEW COM	NEW COM	03027X100	1,329	5,007	SH		DFND		5,007	0	0
AMERICAN WTR WKS CO INC NEW COM	NEW COM	030420103	405	2,394	SH		DFND		2,394	0	0
CHEVRON CORP NEW COM	NEW COM	166764100	3,740	36,865	SH		DFND		36,865	0	0
COSTCO WHSL CORP NEW COM	NEW COM	22160K105	10,218	22,740	SH		DFND		22,740	0	0
OWENS CORNING NEW COM	NEW COM	690742101	8,454	98,875	SH		DFND		98,875	0	0
WELLS FARGO CO NEW COM	NEW COM	949746101	1,095	23,599	SH		DFND		23,599	0	0
ACCENTURE PLC IRELAND SHS CLASS A	SHS CLASS A	G1151C101	2,362	7,382	SH		DFND		7,382	0	0
ASTRAZENECA PLC SPONSORED ADR	SPONSORED ADR	046353108	21,641	360,322	SH		DFND		360,322	0	37,868
ALIBABA GROUP HLDG LTD SPONSORED ADS	SPONSORED ADS	01609W102	34,483	232,912	SH		DFND		232,912	0	0
HDFC BANK LTD SPONSORED ADS	SPONSORED ADS	40415F101	7,966	108,986	SH		DFND		108,986	0	0
PINDUODUO INC SPONSORED ADS	SPONSORED ADS	722304102	2,214	24,413	SH		DFND		24,413	0	0
CGI INC CL A SUB VTG	SUB VTG	12532H104	13	149	SH		DFND		149	0	0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH	VT SH	112585104	1,516	28,289	SH		DFND		28,289	0	0
ABERCROMBIE & FITCH CO CL A	CL A	002896207	3,237	86,018	SH		DFND		86,018	0	0
ATKORE INC COM	COM	047649108	3,055	35,146	SH		DFND		35,146	0	0
AVIS BUDGET GROUP COM	COM	053774105	906	7,774	SH		DFND		7,774	0	0
BATH & BODY WORKS INC COM ADDED	COM ADDED	070830104	1,730	27,455	SH		DFND		27,455	0	0
CARLYLE GROUP INC COM	COM	14316J108	5,494	116,207	SH		DFND		116,207	0	0
CLEVELAND-CLIFFS INC NEW COM	NEW COM	185899101	595	30,024	SH		DFND		30,024	0	0
DIAMONDBACK ENERGY INC COM	COM	25278X109	899	9,501	SH		DFND		9,501	0	0
DILLARDS INC CL A	CL A	254067101	2,746	15,915	SH		DFND		15,915	0	0
FOX CORP CL B COM	CL B COM	35137L204	781	21,033	SH		DFND		21,033	0	0
MASCO CORP COM	COM	574599106	11,452	206,163	SH		DFND		206,163	0	0
NCR CORP NEW COM	NEW COM	62886E108	666	17,182	SH		DFND		17,182	0	0
OLIN CORP COM PAR $1	COM	680665205	714	14,789	SH		DFND		14,789	0	0
TERADATA CORP DEL COM	COM	88076W103	722	12,585	SH		DFND		12,585	0	0
UNITED STATES STL CORP NEW COM	NEW COM	912909108	602	27,379	SH		DFND		27,379	0	0
WESCO INTL INC COM	COM	95082P105	716	6,213	SH		DFND		6,213	0	0
WIPRO LTD SPON ADR 1 SH	ADR	97651M109	3,100	351,041	SH		DFND		351,041	0	0