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
3M CO COM	COM	88579Y101	615	5,570	SH		DFND		5,570	0	0
ABBOTT LABS COM	COM	002824100	31,649	327,083	SH		DFND		312,323	0	14,760
ABBVIE INC COM	COM	00287Y109	19,583	145,910	SH		DFND		145,910	0	0
ABIOMED INC COM	COM	003654100	799	3,253	SH		DFND		3,253	0	0
ABM INDS INC COM	COM	000957100	20,618	539,315	SH		DFND		492,496	0	46,819
ACCENTURE PLC IRELAND SHS CLASS A	SHS CLASS A	G1151C101	16,550	64,323	SH		DFND		64,323	0	0
ACTIVISION BLIZZARD INC COM	COM	00507V109	426	5,737	SH		DFND		5,737	0	0
ACUITY BRANDS INC COM	COM	00508Y102	3,016	19,153	SH		DFND		19,153	0	0
ADOBE SYSTEMS INCORPORATED COM	COM	00724F101	11,940	43,388	SH		DFND		43,388	0	0
ADVANCE AUTO PARTS INC COM	COM	00751Y106	462	2,955	SH		DFND		2,955	0	0
ADVANCED DRAIN SYS INC DEL COM	COM	00790R104	2,907	23,374	SH		DFND		23,374	0	0
ADVANCED MICRO DEVICES INC COM	COM	007903107	2,127	33,563	SH		DFND		33,563	0	0
AFLAC INC COM	COM	001055102	468	8,324	SH		DFND		8,324	0	0
AGILENT TECHNOLOGIES INC COM	COM	00846U101	896	7,374	SH		DFND		7,374	0	0
AGNICO EAGLE MINES LTD COM	COM	008474108	683	16,163	SH		DFND		16,163	0	0
AIR PRODS & CHEMS INC COM	COM	009158106	1,018	4,375	SH		DFND		4,375	0	0
AIRBNB INC COM CL A	COM CL A	009066101	480	4,570	SH		DFND		4,570	0	0
ALBEMARLE CORP COM	COM	012653101	383	1,447	SH		DFND		1,447	0	0
ALEXANDRIA REAL ESTATE EQ IN COM	COM	015271109	447	3,188	SH		DFND		3,188	0	0
ALIBABA GROUP HLDG LTD SPONSORED ADS	SPONSORED ADS	01609W102	5,420	67,753	SH		DFND		67,753	0	0
ALLSTATE CORP COM	COM	020002101	28,339	227,566	SH		DFND		213,146	0	14,420
ALNYLAM PHARMACEUTICALS INC COM	COM	02043Q107	582	2,909	SH		DFND		2,909	0	0
ALPHABET INC CAP STK CL A	CL A	02079K305	74,201	775,752	SH		DFND		775,752	0	0
ALTRIA GROUP INC COM	COM	02209S103	1,113	27,566	SH		DFND		27,566	0	0
AMAZON COM INC COM	COM	023135106	16,929	149,811	SH		DFND		149,811	0	0
AMEREN CORP COM	COM	023608102	313	3,884	SH		DFND		3,884	0	0
AMERICAN ELEC PWR CO INC COM	COM	025537101	788	9,112	SH		DFND		9,112	0	0
AMERICAN EXPRESS CO COM	COM	025816109	4,527	33,559	SH		DFND		33,559	0	0
AMERICAN HOMES 4 RENT CL A	CL A	02665T306	103	3,133	SH		DFND		3,133	0	0
AMERICAN INTL GROUP INC COM NEW	COM NEW	026874784	10,716	225,698	SH		DFND		225,698	0	0
AMERICAN TOWER CORP NEW COM	NEW COM	03027X100	2,707	12,609	SH		DFND		12,609	0	0
AMERICAN WTR WKS CO INC NEW COM	NEW COM	030420103	1,078	8,285	SH		DFND		8,285	0	0
AMERIPRISE FINL INC COM	COM	03076C106	3,196	12,686	SH		DFND		12,686	0	0
AMGEN INC COM	COM	031162100	13,847	61,434	SH		DFND		61,434	0	0
ANALOG DEVICES INC COM	COM	032654105	400	2,869	SH		DFND		2,869	0	0
APA CORPORATION COM	COM	03743Q108	83	2,422	SH		DFND		2,422	0	0
APPLE INC COM	COM	037833100	91,247	660,252	SH		DFND		660,252	0	0
APPLIED MATLS INC COM	COM	038222105	1,510	18,435	SH		DFND		18,435	0	0
ARCHER DANIELS MIDLAND CO COM	COM	039483102	2,535	31,506	SH		DFND		31,506	0	0
ARISTA NETWORKS INC COM	COM	040413106	392	3,474	SH		DFND		3,474	0	0
ARROW ELECTRS INC COM	COM	042735100	899	9,749	SH		DFND		9,749	0	0
ASSURANT INC COM	COM	04621X108	328	2,257	SH		DFND		2,257	0	0
ASTRAZENECA PLC SPONSORED ADR	SPONSORED ADR	046353108	22,333	407,231	SH		DFND		371,955	0	35,276
AT&T INC COM	COM	00206R102	3,680	239,868	SH		DFND		239,868	0	0
AUTODESK INC COM	COM	052769106	6,270	33,567	SH		DFND		33,567	0	0
AUTOMATIC DATA PROCESSING IN COM	COM	053015103	8,852	39,134	SH		DFND		39,134	0	0
AUTONATION INC COM	COM	05329W102	441	4,326	SH		DFND		4,326	0	0
AUTOZONE INC COM	COM	053332102	4,164	1,944	SH		DFND		1,944	0	0
AVALONBAY CMNTYS INC COM	COM	053484101	393	2,133	SH		DFND		2,133	0	0
AVERY DENNISON CORP COM	COM	053611109	20,553	126,324	SH		DFND		114,965	0	11,359
AXONICS INC COM	COM	05465P101	78	1,114	SH		DFND		1,114	0	0
BADGER METER INC COM	COM	056525108	1,006	10,894	SH		DFND		10,894	0	0
BAKER HUGHES COMPANY CL A	CL A	05722G100	7,521	358,840	SH		DFND		358,840	0	0
BANK NEW YORK MELLON CORP COM	COM	064058100	654	16,967	SH		DFND		16,967	0	0
BAXTER INTL INC COM	COM	071813109	558	10,367	SH		DFND		10,367	0	0
BECTON DICKINSON & CO COM	COM	075887109	946	4,245	SH		DFND		4,245	0	0
BERKLEY W R CORP COM	COM	084423102	358	5,538	SH		DFND		5,538	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	17,697	66,275	SH		DFND		66,275	0	0
BIO RAD LABS INC CL A	CL A	090572207	88	212	SH		DFND		212	0	0
BIOGEN INC COM	COM	09062X103	308	1,155	SH		DFND		1,155	0	0
BIOMARIN PHARMACEUTICAL INC COM	COM	09061G101	495	5,841	SH		DFND		5,841	0	0
BIO-TECHNE CORP COM	COM	09073M104	90	318	SH		DFND		318	0	0
BJS WHSL CLUB HLDGS INC COM	COM	05550J101	109	1,496	SH		DFND		1,496	0	0
BK OF AMERICA CORP COM	COM	060505104	7,305	241,901	SH		DFND		241,901	0	0
BLACKROCK INC COM	COM	09247X101	1,185	2,154	SH		DFND		2,154	0	0
BLOCK INC CL A	CL A	852234103	539	9,804	SH		DFND		9,804	0	0
BOOKING HOLDINGS INC COM	COM	09857L108	4,146	2,523	SH		DFND		2,523	0	0
BOOZ ALLEN HAMILTON HLDG COR CL A	CL A	099502106	1,119	12,115	SH		DFND		12,115	0	0
BORGWARNER INC COM	COM	099724106	685	21,831	SH		DFND		21,831	0	0
BOSTON PROPERTIES INC COM	COM	101121101	102	1,354	SH		DFND		1,354	0	0
BOSTON SCIENTIFIC CORP COM	COM	101137107	868	22,417	SH		DFND		22,417	0	0
BRISTOL-MYERS SQUIBB CO COM	COM	110122108	15,862	223,130	SH		DFND		223,130	0	0
BROADCOM INC COM	COM ADDED	11135F101	11,149	25,110	SH		DFND		25,110	0	0
BROADRIDGE FINL SOLUTIONS IN COM	COM	11133T103	223	1,547	SH		DFND		1,547	0	0
BURLINGTON STORES INC COM	COM	122017106	56	501	SH		DFND		501	0	0
C H ROBINSON WORLDWIDE INC COM NEW	COM NEW	12541W209	254	2,642	SH		DFND		2,642	0	0
CADENCE DESIGN SYSTEM INC COM	COM	127387108	11,456	70,099	SH		DFND		70,099	0	0
CAESARS ENTERTAINMENT INC NE COM	COM	12769G100	286	8,871	SH		DFND		8,871	0	0
CAMPBELL SOUP CO COM	COM	134429109	344	7,301	SH		DFND		7,301	0	0
CANADIAN PAC RY LTD COM	COM	13645T100	129	1,926	SH		DFND		1,926	0	0
CAPITAL ONE FINL CORP COM	COM	14040H105	890	9,654	SH		DFND		9,654	0	0
CARLISLE COS INC COM	COM	142339100	5,967	21,280	SH		DFND		21,280	0	0
CARMAX INC COM	COM	143130102	60	913	SH		DFND		913	0	0
CARRIER GLOBAL CORPORATION COM	COM	14448C104	410	11,542	SH		DFND		11,542	0	0
CATERPILLAR INC COM	COM	149123101	813	4,955	SH		DFND		4,955	0	0
CAVCO INDS INC DEL COM	COM	149568107	173	839	SH		DFND		839	0	0
CDW CORP COM	COM	12514G108	249	1,593	SH		DFND		1,593	0	0
CELSIUS HLDGS INC COM NEW	COM NEW	15118V207	49	541	SH		DFND		541	0	0
CENTENE CORP DEL COM	COM	15135B101	360	4,633	SH		DFND		4,633	0	0
CF INDS HLDGS INC COM	COM	125269100	6,237	64,800	SH		DFND		64,800	0	0
CHARTER COMMUNICATIONS INC N CL A	CL A	16119P108	473	1,560	SH		DFND		1,560	0	0
CHENIERE ENERGY INC COM NEW	COM NEW	16411R208	106	641	SH		DFND		641	0	0
CHEVRON CORP NEW COM	NEW COM	166764100	3,892	27,087	SH		DFND		27,087	0	0
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	3,264	2,172	SH		DFND		2,172	0	0
CIGNA CORP NEW COM	COM	125523100	2,319	8,356	SH		DFND		8,356	0	0
CINCINNATI FINL CORP COM	COM	172062101	63	707	SH		DFND		707	0	0
CINTAS CORP COM	COM	172908105	3,435	8,850	SH		DFND		8,850	0	0
CISCO SYS INC COM	COM	17275R102	39,452	986,290	SH		DFND		942,857	0	43,433
CITIGROUP INC COM NEW	COM NEW	172967424	1,308	31,383	SH		DFND		31,383	0	0
CITIZENS FINL GROUP INC COM	COM	174610105	895	26,042	SH		DFND		26,042	0	0
CITRIX SYS INC COM	COM	177376100	3,682	35,438	SH		DFND		35,438	0	0
CLOROX CO DEL COM	COM	189054109	217	1,687	SH		DFND		1,687	0	0
CME GROUP INC COM	COM CL A	12572Q105	1,240	7,000	SH		DFND		7,000	0	0
CMS ENERGY CORP COM	COM	125896100	15,167	260,415	SH		DFND		237,502	0	22,913
COCA COLA CO COM	COM	191216100	35,821	639,433	SH		DFND		602,554	0	36,879
COGNEX CORP COM	COM	192422103	186	4,492	SH		DFND		4,492	0	0
COGNIZANT TECHNOLOGY SOLUTIO CL A	CL A	192446102	1,823	31,733	SH		DFND		31,733	0	0
COLGATE PALMOLIVE CO COM	COM	194162103	7,872	112,053	SH		DFND		112,053	0	0
COMCAST CORP NEW CL A	CL A	20030N101	21,196	722,657	SH		DFND		678,124	0	44,533
CONAGRA BRANDS INC COM	COM	205887102	618	18,948	SH		DFND		18,948	0	0
CONOCOPHILLIPS COM	COM	20825C104	2,227	21,760	SH		DFND		21,760	0	0
CONSOLIDATED EDISON INC COM	COM	209115104	655	7,641	SH		DFND		7,641	0	0
CONSTELLATION BRANDS INC CL A	CL A	21036P108	475	2,068	SH		DFND		2,068	0	0
CONSTELLATION ENERGY CORP COM	COM	21037T109	442	5,317	SH		DFND		5,317	0	0
COPART INC COM	COM	217204106	2,852	26,800	SH		DFND		26,800	0	0
CORNING INC COM	COM	219350105	366	12,624	SH		DFND		12,624	0	0
CORTEVA INC COM	COM	22052L104	1,589	27,802	SH		DFND		27,802	0	0
COSTAR GROUP INC COM	COM	22160N109	395	5,673	SH		DFND		5,673	0	0
COSTCO WHSL CORP NEW COM	NEW COM	22160K105	12,279	26,001	SH		DFND		26,001	0	0
COTERRA ENERGY INC COM	COM	127097103	274	10,475	SH		DFND		10,475	0	0
COUPANG INC CL A	CL A	22266T109	737	44,191	SH		DFND		44,191	0	0
CROSS CTRY HEALTHCARE INC COM	COM	227483104	106	3,753	SH		DFND		3,753	0	0
CROWN CASTLE INC COM	COM	22822V101	1,070	7,404	SH		DFND		7,404	0	0
CSX CORP COM	COM	126408103	1,601	60,079	SH		DFND		60,079	0	0
CUMMINS INC COM	COM	231021106	1,083	5,324	SH		DFND		5,324	0	0
CVS HEALTH CORP COM	COM	126650100	35,977	377,234	SH		DFND		354,597	0	22,637
D R HORTON INC COM	COM	23331A109	463	6,881	SH		DFND		6,881	0	0
DANAHER CORPORATION COM	COM	235851102	15,339	59,386	SH		DFND		59,386	0	0
DARLING INGREDIENTS INC COM	COM	237266101	3,658	55,296	SH		DFND		55,296	0	0
DATADOG INC CL A COM	COM	23804L103	275	3,102	SH		DFND		3,102	0	0
DEERE & CO COM	COM	244199105	4,489	13,445	SH		DFND		13,445	0	0
DEVON ENERGY CORP NEW COM	COM NEW	25179M103	503	8,361	SH		DFND		8,361	0	0
DEXCOM INC COM	COM	252131107	1,218	15,117	SH		DFND		15,117	0	0
DIGI INTL INC COM	COM	253798102	115	3,333	SH		DFND		3,333	0	0
DIGITAL RLTY TR INC COM	COM	253868103	2,806	28,292	SH		DFND		28,292	0	0
DISCOVER FINL SVCS COM	COM	254709108	90	986	SH		DFND		986	0	0
DISNEY WALT CO COM	COM DISNEY	254687106	6,977	73,968	SH		DFND		73,968	0	0
DOLLAR GEN CORP NEW COM	COM	256677105	8,948	37,305	SH		DFND		37,305	0	0
DOLLAR TREE INC COM	COM	256746108	849	6,241	SH		DFND		6,241	0	0
DOMINION ENERGY INC COM	COM	25746U109	858	12,421	SH		DFND		12,421	0	0
DOVER CORP COM	COM	260003108	233	1,995	SH		DFND		1,995	0	0
DOW INC COM	COM	260557103	749	17,052	SH		DFND		17,052	0	0
DTE ENERGY CO COM	COM	233331107	15,095	131,201	SH		DFND		119,852	0	11,349
DUKE ENERGY CORP NEW COM NEW	NEW COM NEW	26441C204	949	10,200	SH		DFND		10,200	0	0
DUPONT DE NEMOURS INC COM	COM	26614N102	109	2,170	SH		DFND		2,170	0	0
E L F BEAUTY INC COM	COM	26856L103	117	3,114	SH		DFND		3,114	0	0
EBAY INC. COM	COM	278642103	540	14,661	SH		DFND		14,661	0	0
ECOLAB INC COM	COM	278865100	1,478	10,233	SH		DFND		10,233	0	0
EDISON INTL COM	COM	281020107	2,019	35,684	SH		DFND		35,684	0	0
EDWARDS LIFESCIENCES CORP COM	COM	28176E108	14,994	181,465	SH		DFND		181,465	0	0
ELECTRONIC ARTS INC COM	COM	285512109	626	5,410	SH		DFND		5,410	0	0
ELEVANCE HEALTH INC COM	COM	036752103	34,505	75,961	SH		DFND		71,330	0	4,631
EMERSON ELEC CO COM	COM	291011104	869	11,864	SH		DFND		11,864	0	0
ENPHASE ENERGY INC COM	COM	29355A107	4,473	16,121	SH		DFND		16,121	0	0
EOG RES INC COM	COM	26875P101	655	5,864	SH		DFND		5,864	0	0
EPAM SYS INC COM	COM	29414B104	756	2,088	SH		DFND		2,088	0	0
EQUINIX INC COM	COM	29444U700	819	1,440	SH		DFND		1,440	0	0
EQUITY RESIDENTIAL SH BEN INT	INT	29476L107	282	4,191	SH		DFND		4,191	0	0
ETSY INC COM	COM	29786A106	3,299	32,946	SH		DFND		32,946	0	0
EVERSOURCE ENERGY COM	COM	30040W108	986	12,649	SH		DFND		12,649	0	0
EVOLENT HEALTH INC CL A	CL A	30050B101	161	4,475	SH		DFND		4,475	0	0
EXELON CORP COM	COM	30161N101	743	19,838	SH		DFND		19,838	0	0
EXPEDIA GROUP INC COM NEW	COM NEW	30212P303	261	2,791	SH		DFND		2,791	0	0
EXPEDITORS INTL WASH INC COM	COM	302130109	2,409	27,276	SH		DFND		27,276	0	0
EXTRA SPACE STORAGE INC COM	COM	30225T102	376	2,176	SH		DFND		2,176	0	0
EXXON MOBIL CORP COM	COM	30231G102	6,462	74,017	SH		DFND		74,017	0	0
F5 INC COM	COM	315616102	208	1,437	SH		DFND		1,437	0	0
FAIR ISAAC CORP COM	COM	303250104	199	484	SH		DFND		484	0	0
FASTENAL CO COM	COM	311900104	388	8,419	SH		DFND		8,419	0	0
FEDEX CORP COM	COM	31428X106	1,067	7,190	SH		DFND		7,190	0	0
FIDELITY NATL INFORMATION SV COM	COM	31620M106	17,057	225,716	SH		DFND		208,210	0	17,506
FIRST REP BK SAN FRANCISCO C COM	COM	33616C100	3,334	25,540	SH		DFND		25,540	0	0
FIRST SOLAR INC COM	COM	336433107	78	590	SH		DFND		590	0	0
FIRSTENERGY CORP COM	COM	337932107	112	3,036	SH		DFND		3,036	0	0
FISERV INC COM	COM	337738108	12,196	130,342	SH		DFND		130,342	0	0
FLOWERS FOODS INC COM	COM	343498101	568	23,019	SH		DFND		23,019	0	0
FORD MTR CO DEL COM	COM	345370860	1,103	98,465	SH		DFND		98,465	0	0
FORTINET INC COM	COM	34959E109	457	9,299	SH		DFND		9,299	0	0
FORTIVE CORP COM	COM	34959J108	248	4,256	SH		DFND		4,256	0	0
FOX CORP CL A COM	CL A COM	35137L105	306	9,970	SH		DFND		9,970	0	0
FRANKLIN ELEC INC COM	COM	353514102	545	6,669	SH		DFND		6,669	0	0
FREEPORT-MCMORAN INC CL B	CL B	35671D857	140	5,108	SH		DFND		5,108	0	0
GALLAGHER ARTHUR J & CO COM	COM	363576109	119	694	SH		DFND		694	0	0
GENERAC HLDGS INC COM	COM	368736104	314	1,763	SH		DFND		1,763	0	0
GENERAL MLS INC COM	COM	370334104	8,114	105,913	SH		DFND		105,913	0	0
GENERAL MTRS CO COM	COM	37045V100	1,617	50,397	SH		DFND		50,397	0	0
GENUINE PARTS CO COM	COM	372460105	1,182	7,913	SH		DFND		7,913	0	0
GILEAD SCIENCES INC COM	COM	375558103	5,905	95,723	SH		DFND		95,723	0	0
GLOBAL PMTS INC COM	COM	37940X102	1,010	9,343	SH		DFND		9,343	0	0
GOLDMAN SACHS GROUP INC COM	COM	38141G104	2,184	7,452	SH		DFND		7,452	0	0
GRAINGER W W INC COM	COM	384802104	9,854	20,143	SH		DFND		20,143	0	0
HALLIBURTON CO COM	COM	406216101	10,282	417,618	SH		DFND		417,618	0	0
HARTFORD FINL SVCS GROUP INC COM	COM	416515104	2,973	48,001	SH		DFND		48,001	0	0
HCA HEALTHCARE INC COM	COM	40412C101	1,313	7,142	SH		DFND		7,142	0	0
HEICO CORP NEW CL A	CL A	422806208	410	3,580	SH		DFND		3,580	0	0
HENRY JACK & ASSOC INC COM	COM	426281101	1,173	6,436	SH		DFND		6,436	0	0
HENRY SCHEIN INC COM	COM	806407102	463	7,045	SH		DFND		7,045	0	0
HERSHEY CO COM	COM	427866108	4,849	21,993	SH		DFND		21,993	0	0
HEWLETT PACKARD ENTERPRISE C COM	COM	42824C109	871	72,718	SH		DFND		72,718	0	0
HILTON WORLDWIDE HLDGS INC COM	COM	43300A203	598	4,957	SH		DFND		4,957	0	0
HOLOGIC INC COM	COM	436440101	6,375	98,808	SH		DFND		98,808	0	0
HOME DEPOT INC COM	COM	437076102	23,658	85,735	SH		DFND		85,735	0	0
HORMEL FOODS CORP COM	COM	440452100	825	18,152	SH		DFND		18,152	0	0
HP INC COM	COM	40434L105	382	15,343	SH		DFND		15,343	0	0
HUMANA INC COM	COM	444859102	1,718	3,540	SH		DFND		3,540	0	0
HUNTINGTON INGALLS INDS INC COM	COM	446413106	350	1,581	SH		DFND		1,581	0	0
ICICI BANK LIMITED ADR	ADR	45104G104	10,666	508,621	SH		DFND		508,621	0	0
IDEX CORP COM	COM	45167R104	224	1,119	SH		DFND		1,119	0	0
IDEXX LABS INC COM	COM	45168D104	114	351	SH		DFND		351	0	0
ILLINOIS TOOL WKS INC COM	COM	452308109	851	4,709	SH		DFND		4,709	0	0
ILLUMINA INC COM	COM	452327109	51	269	SH		DFND		269	0	0
INCYTE CORP COM	COM	45337C102	301	4,521	SH		DFND		4,521	0	0
INFOSYS LTD SPONSORED ADR	ADR	456788108	3,084	181,744	SH		DFND		181,744	0	0
INGERSOLL RAND INC COM	COM	45687V106	353	8,161	SH		DFND		8,161	0	0
INSULET CORP COM	COM	45784P101	666	2,905	SH		DFND		2,905	0	0
INTEL CORP COM	COM	458140100	3,025	117,390	SH		DFND		117,390	0	0
INTERCONTINENTAL EXCHANGE IN COM	COM	45866F104	359	3,974	SH		DFND		3,974	0	0
INTERNATIONAL BUSINESS MACHS COM	COM	459200101	5,983	50,355	SH		DFND		50,355	0	0
INTERNATIONAL FLAVORS&FRAGRA COM	COM	459506101	595	6,555	SH		DFND		6,555	0	0
INTERPUBLIC GROUP COS INC COM	COM	460690100	432	16,888	SH		DFND		16,888	0	0
INTUIT COM	COM	461202103	1,898	4,900	SH		DFND		4,900	0	0
INTUITIVE SURGICAL INC COM NEW	COM NEW	46120E602	1,222	6,521	SH		DFND		6,521	0	0
INVITATION HOMES INC COM	COM	46187W107	246	7,274	SH		DFND		7,274	0	0
IQVIA HLDGS INC COM	COM	46266C105	416	2,296	SH		DFND		2,296	0	0
JOHNSON & JOHNSON COM	COM	478160104	27,942	171,048	SH		DFND		157,879	0	13,169
JPMORGAN CHASE & CO COM	COM	46625H100	41,419	396,350	SH		DFND		383,136	0	13,214
JUNIPER NETWORKS INC COM	COM	48203R104	205	7,848	SH		DFND		7,848	0	0
KB HOME COM	COM	48666K109	623	24,034	SH		DFND		24,034	0	0
KELLOGG CO COM	COM	487836108	1,187	17,047	SH		DFND		17,047	0	0
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	1,131	7,186	SH		DFND		7,186	0	0
KIMBERLY-CLARK CORP COM	COM	494368103	10,601	94,197	SH		DFND		94,197	0	0
KIMCO RLTY CORP COM	COM	49446R109	94	5,093	SH		DFND		5,093	0	0
KINDER MORGAN INC DEL COM	COM	49456B101	445	26,718	SH		DFND		26,718	0	0
KINSALE CAP GROUP INC COM	COM	49714P108	161	629	SH		DFND		629	0	0
KKR & CO INC COM	COM	48251W104	418	9,717	SH		DFND		9,717	0	0
KLA CORP COM NEW	COM	482480100	469	1,550	SH		DFND		1,550	0	0
KRAFT HEINZ CO COM	COM	500754106	563	16,893	SH		DFND		16,893	0	0
KROGER CO COM	COM	501044101	3,133	71,606	SH		DFND		71,606	0	0
LAM RESEARCH CORP COM	COM	512807108	1,426	3,897	SH		DFND		3,897	0	0
LANTHEUS HLDGS INC COM	COM	516544103	116	1,654	SH		DFND		1,654	0	0
LAUDER ESTEE COS INC CL A	CL A	518439104	524	2,427	SH		DFND		2,427	0	0
LEIDOS HOLDINGS INC COM	COM	525327102	335	3,828	SH		DFND		3,828	0	0
LENNAR CORP CL A	CL A	526057104	475	6,365	SH		DFND		6,365	0	0
LENNOX INTL INC COM	COM	526107107	189	850	SH		DFND		850	0	0
LI AUTO INC SPONSORED ADS	SPONSORED ADS	50202M102	3,171	137,824	SH		DFND		137,824	0	0
LILLY ELI & CO COM	COM	532457108	37,163	114,932	SH		DFND		109,857	0	5,075
LIVE NATION ENTERTAINMENT IN COM	COM	538034109	109	1,427	SH		DFND		1,427	0	0
LKQ CORP COM	COM	501889208	316	6,711	SH		DFND		6,711	0	0
LOWES COS INC COM	COM	548661107	5,061	26,949	SH		DFND		26,949	0	0
LPL FINL HLDGS INC COM	COM	50212V100	3,331	15,248	SH		DFND		15,248	0	0
LULULEMON ATHLETICA INC COM	COM	550021109	3,542	12,669	SH		DFND		12,669	0	0
LUMEN TECHNOLOGIES INC COM	COM ADDED	550241103	345	47,380	SH		DFND		47,380	0	0
M & T BK CORP COM	COM	55261F104	553	3,138	SH		DFND		3,138	0	0
MARATHON OIL CORP COM	COM	565849106	644	28,534	SH		DFND		28,534	0	0
MARATHON PETE CORP COM	COM	56585A102	924	9,301	SH		DFND		9,301	0	0
MARRIOTT INTL INC NEW CL A	NEW CL A	571903202	736	5,252	SH		DFND		5,252	0	0
MARSH & MCLENNAN COS INC COM	COM	571748102	11,968	80,165	SH		DFND		80,165	0	0
MARVELL TECHNOLOGY INC COM	COM	573874104	449	10,470	SH		DFND		10,470	0	0
MASCO CORP COM	COM	574599106	303	6,480	SH		DFND		6,480	0	0
MASTERCARD INCORPORATED CL A	CL A	57636Q104	10,181	35,804	SH		DFND		35,804	0	0
MCDONALDS CORP COM	COM	580135101	1,628	7,055	SH		DFND		7,055	0	0
MCKESSON CORP COM	COM	58155Q103	490	1,441	SH		DFND		1,441	0	0
MERCADOLIBRE INC COM	COM	58733R102	622	751	SH		DFND		751	0	0
MERCK & CO INC COM	COM	58933Y105	35,987	417,875	SH		DFND		394,836	0	23,039
MERIT MED SYS INC COM	COM	589889104	513	9,073	SH		DFND		9,073	0	0
MERITAGE HOMES CORP COM	COM	59001A102	357	5,076	SH		DFND		5,076	0	0
META PLATFORMS INC CL A	CL A	30303M102	5,490	40,465	SH		DFND		40,465	0	0
METLIFE INC COM	COM	59156R108	2,512	41,333	SH		DFND		41,333	0	0
MGM RESORTS INTERNATIONAL COM	COM	552953101	365	12,296	SH		DFND		12,296	0	0
MICROCHIP TECHNOLOGY INC. COM	COM	595017104	723	11,853	SH		DFND		11,853	0	0
MICRON TECHNOLOGY INC COM	COM	595112103	1,728	34,486	SH		DFND		34,486	0	0
MICROSOFT CORP COM	COM	594918104	113,766	488,476	SH		DFND		480,259	0	8,217
MID-AMER APT CMNTYS INC COM	COM	59522J103	234	1,510	SH		DFND		1,510	0	0
MKS INSTRS INC COM	COM	55306N104	879	10,637	SH		DFND		10,637	0	0
MODERNA INC COM	COM	60770K107	669	5,659	SH		DFND		5,659	0	0
MONDELEZ INTL INC CL A	CL A	609207105	2,254	41,108	SH		DFND		41,108	0	0
MONSTER BEVERAGE CORP NEW COM	NEW COM	61174X109	125	1,440	SH		DFND		1,440	0	0
MOODYS CORP COM	COM	615369105	942	3,876	SH		DFND		3,876	0	0
MORGAN STANLEY COM NEW	COM NEW	617446448	2,024	25,618	SH		DFND		25,618	0	0
MOSAIC CO NEW COM	COM	61945C103	1,125	23,286	SH		DFND		23,286	0	0
MSCI INC COM	COM	55354G100	436	1,034	SH		DFND		1,034	0	0
MURPHY USA INC COM	COM	626755102	2,982	10,847	SH		DFND		10,847	0	0
NASDAQ INC COM	COM	631103108	2,963	52,271	SH		DFND		52,271	0	0
NETAPP INC COM	COM	64110D104	435	7,032	SH		DFND		7,032	0	0
NETFLIX INC COM	COM	64110L106	2,349	9,977	SH		DFND		9,977	0	0
NEWMONT CORP COM	COM	651639106	982	23,366	SH		DFND		23,366	0	0
NEXTERA ENERGY INC COM	COM	65339F101	1,180	15,055	SH		DFND		15,055	0	0
NIKE INC CL B	CL B	654106103	3,802	45,744	SH		DFND		45,744	0	0
NIO INC SPON ADS	ADS	62914V106	218	13,833	SH		DFND		13,833	0	0
NORDSON CORP COM	COM	655663102	93	438	SH		DFND		438	0	0
NORFOLK SOUTHN CORP COM	COM	655844108	1,181	5,631	SH		DFND		5,631	0	0
NORTHERN TR CORP COM	COM	665859104	443	5,173	SH		DFND		5,173	0	0
NRG ENERGY INC COM NEW	COM NEW	629377508	508	13,280	SH		DFND		13,280	0	0
NUCOR CORP COM	COM	670346105	1,409	13,168	SH		DFND		13,168	0	0
NUTRIEN LTD COM	COM	67077M108	696	8,342	SH		DFND		8,342	0	0
NVIDIA CORPORATION COM	COM	67066G104	10,594	87,272	SH		DFND		87,272	0	0
OCCIDENTAL PETE CORP COM	COM	674599105	1,057	17,197	SH		DFND		17,197	0	0
OLD DOMINION FREIGHT LINE IN COM	COM	679580100	3,249	13,061	SH		DFND		13,061	0	0
OMNICOM GROUP INC COM	COM	681919106	222	3,525	SH		DFND		3,525	0	0
ON SEMICONDUCTOR CORP COM	COM	682189105	282	4,528	SH		DFND		4,528	0	0
ONEOK INC NEW COM	COM	682680103	379	7,398	SH		DFND		7,398	0	0
ORACLE CORP COM	COM	68389X105	14,752	241,561	SH		DFND		241,561	0	0
OREILLY AUTOMOTIVE INC COM	NEW COM	67103H107	943	1,341	SH		DFND		1,341	0	0
ORMAT TECHNOLOGIES INC COM	COM	686688102	863	10,012	SH		DFND		10,012	0	0
OTIS WORLDWIDE CORP COM	COM	68902V107	391	6,135	SH		DFND		6,135	0	0
OWENS CORNING NEW COM	NEW COM	690742101	6,474	82,360	SH		DFND		82,360	0	0
PACCAR INC COM	COM	693718108	1,013	12,109	SH		DFND		12,109	0	0
PACKAGING CORP AMER COM	COM	695156109	296	2,635	SH		DFND		2,635	0	0
PALANTIR TECHNOLOGIES INC CL A	CL A	69608A108	316	38,906	SH		DFND		38,906	0	0
PALO ALTO NETWORKS INC COM	COM	697435105	541	3,301	SH		DFND		3,301	0	0
PARAMOUNT GLOBAL CLASS A COM	COM	92556H107	240	11,145	SH		DFND		11,145	0	0
PAYCHEX INC COM	COM	704326107	1,244	11,089	SH		DFND		11,089	0	0
PAYPAL HLDGS INC COM	COM	70450Y103	1,688	19,615	SH		DFND		19,615	0	0
PBF ENERGY INC CL A	CL A	69318G106	290	8,254	SH		DFND		8,254	0	0
PEPSICO INC COM	COM	713448108	41,246	252,641	SH		DFND		240,280	0	12,361
PFIZER INC COM	COM	717081103	11,178	255,448	SH		DFND		255,448	0	0
PHILIP MORRIS INTL INC COM	COM	718172109	1,038	12,506	SH		DFND		12,506	0	0
PHILLIPS 66 COM	COM	718546104	462	5,719	SH		DFND		5,719	0	0
PINDUODUO INC SPONSORED ADS	SPONSORED ADS	722304102	2,050	32,765	SH		DFND		32,765	0	0
PIONEER NAT RES CO COM	COM	723787107	915	4,226	SH		DFND		4,226	0	0
PNC FINL SVCS GROUP INC COM	COM	693475105	3,909	26,162	SH		DFND		26,162	0	0
PPG INDS INC COM	COM	693506107	800	7,225	SH		DFND		7,225	0	0
PPL CORP COM	COM	69351T106	860	33,934	SH		DFND		33,934	0	0
PROCTER AND GAMBLE CO COM	COM	742718109	48,726	385,951	SH		DFND		369,927	0	16,024
PROGRESSIVE CORP COM	COM	743315103	969	8,338	SH		DFND		8,338	0	0
PROLOGIS INC. COM	COM	74340W103	3,834	37,735	SH		DFND		37,735	0	0
PRUDENTIAL FINL INC COM	COM	744320102	1,160	13,528	SH		DFND		13,528	0	0
PUBLIC STORAGE COM	COM	74460D109	823	2,812	SH		DFND		2,812	0	0
PUBLIC SVC ENTERPRISE GRP IN COM	COM	744573106	14,203	252,592	SH		DFND		229,419	0	23,173
PULTE GROUP INC COM	COM	745867101	333	8,867	SH		DFND		8,867	0	0
QORVO INC COM	COM	74736K101	304	3,824	SH		DFND		3,824	0	0
QUALCOMM INC COM	COM	747525103	13,395	118,565	SH		DFND		118,565	0	0
QUALYS INC COM	COM	74758T303	103	738	SH		DFND		738	0	0
QUANTA SVCS INC COM	COM	74762E102	252	1,979	SH		DFND		1,979	0	0
RAYMOND JAMES FINL INC COM	COM	754730109	172	1,741	SH		DFND		1,741	0	0
RAYTHEON TECHNOLOGIES CORP COM	COM	75513E101	1,143	13,958	SH		DFND		13,958	0	0
REALTY INCOME CORP COM	COM	756109104	756	12,984	SH		DFND		12,984	0	0
REGENERON PHARMACEUTICALS COM	COM	75886F107	11,009	15,981	SH		DFND		15,981	0	0
REGIONS FINANCIAL CORP NEW COM	COM	7591EP100	814	40,559	SH		DFND		40,559	0	0
REPUBLIC SVCS INC COM	COM	760759100	7,588	55,778	SH		DFND		55,778	0	0
RESMED INC COM	COM	761152107	108	496	SH		DFND		496	0	0
RESTAURANT BRANDS INTL INC COM	COM	76131D103	1,552	29,177	SH		DFND		29,177	0	0
ROCKWELL AUTOMATION INC COM	COM	773903109	1,735	8,064	SH		DFND		8,064	0	0
ROKU INC COM CL A	CL A	77543R102	379	6,728	SH		DFND		6,728	0	0
ROPER TECHNOLOGIES INC COM	COM	776696106	105	293	SH		DFND		293	0	0
ROSS STORES INC COM	COM	778296103	203	2,412	SH		DFND		2,412	0	0
S&P GLOBAL INC COM	COM	78409V104	22,245	72,851	SH		DFND		66,786	0	6,065
SALESFORCE INC COM	COM	79466L302	3,521	24,478	SH		DFND		24,478	0	0
SBA COMMUNICATIONS CORP NEW CL A	NEW CL A	78410G104	101	354	SH		DFND		354	0	0
SCHLUMBERGER LTD COM STK	COM	806857108	8,450	235,376	SH		DFND		235,376	0	0
SCHWAB CHARLES CORP COM	COM	808513105	1,390	19,345	SH		DFND		19,345	0	0
SEA LTD SPONSORD ADS	ADS	81141R100	770	13,730	SH		DFND		13,730	0	0
SEAGEN INC COM	COM ADDED	81181C104	259	1,895	SH		DFND		1,895	0	0
SEI INVTS CO COM	COM	784117103	542	11,056	SH		DFND		11,056	0	0
SEMPRA COM	COM	816851109	517	3,451	SH		DFND		3,451	0	0
SERVICE CORP INTL COM	COM	817565104	575	9,960	SH		DFND		9,960	0	0
SERVICENOW INC COM	COM	81762P102	1,770	4,688	SH		DFND		4,688	0	0
SHERWIN WILLIAMS CO COM	COM	824348106	1,370	6,690	SH		DFND		6,690	0	0
SHOCKWAVE MED INC COM	COM	82489T104	3,047	10,956	SH		DFND		10,956	0	0
SIERRA WIRELESS INC COM	COM	826516106	318	10,432	SH		DFND		10,432	0	0
SIMON PPTY GROUP INC NEW COM	NEW COM	828806109	407	4,530	SH		DFND		4,530	0	0
SKYLINE CHAMPION CORPORATION COM	COM	830830105	179	3,388	SH		DFND		3,388	0	0
SKYWORKS SOLUTIONS INC COM	COM	83088M102	398	4,667	SH		DFND		4,667	0	0
SNAP INC CL A	CL A	83304A106	274	27,882	SH		DFND		27,882	0	0
SNAP ON INC COM	COM	833034101	1,306	6,486	SH		DFND		6,486	0	0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B	SPONSORED ADR SER B	833635105	392	4,321	SH		DFND		4,321	0	0
SOUTHERN CO COM	COM	842587107	664	9,760	SH		DFND		9,760	0	0
SPLUNK INC COM	COM	848637104	67	886	SH		DFND		886	0	0
SS&C TECHNOLOGIES HLDGS INC COM	COM	78467J100	656	13,744	SH		DFND		13,744	0	0
STANLEY BLACK & DECKER INC COM	COM	854502101	99	1,317	SH		DFND		1,317	0	0
STARBUCKS CORP COM	COM	855244109	805	9,548	SH		DFND		9,548	0	0
STATE STR CORP COM	COM	857477103	349	5,740	SH		DFND		5,740	0	0
STEEL DYNAMICS INC COM	COM	858119100	2,994	42,200	SH		DFND		42,200	0	0
STMICROELECTRONICS N V NY REGISTRY	NY REGISTRY	861012102	5,185	167,567	SH		DFND		167,567	0	0
STRYKER CORPORATION COM	COM	863667101	656	3,240	SH		DFND		3,240	0	0
SUN CMNTYS INC COM	COM	866674104	90	665	SH		DFND		665	0	0
SVB FINANCIAL GROUP COM	COM	78486Q101	250	744	SH		DFND		744	0	0
SWITCH INC CL A	CL A	87105L104	615	18,255	SH		DFND		18,255	0	0
SYNCHRONY FINANCIAL COM	COM	87165B103	362	12,852	SH		DFND		12,852	0	0
SYNOPSYS INC COM	COM	871607107	4,368	14,298	SH		DFND		14,298	0	0
SYSCO CORP COM	COM	871829107	748	10,582	SH		DFND		10,582	0	0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	SPONSORED ADR	874039100	5,957	86,881	SH		DFND		86,881	0	0
TAKE-TWO INTERACTIVE SOFTWAR COM	COM	874054109	91	835	SH		DFND		835	0	0
TARGET CORP COM	COM	87612E106	3,625	24,427	SH		DFND		24,427	0	0
TARGET HOSPITALITY CORP COM	COM	87615L107	98	7,784	SH		DFND		7,784	0	0
TESLA INC COM	COM	88160R101	5,077	19,140	SH		DFND		19,140	0	0
TEXAS INSTRS INC COM	COM	882508104	10,400	67,189	SH		DFND		67,189	0	0
TFI INTL INC COM	COM	87241L109	1,518	16,774	SH		DFND		16,774	0	0
THE TRADE DESK INC COM CL A	COM CL A	88339J105	362	6,059	SH		DFND		6,059	0	0
THERMO FISHER SCIENTIFIC INC COM	COM	883556102	1,489	2,936	SH		DFND		2,936	0	0
TJX COS INC NEW COM	COM	872540109	1,210	19,475	SH		DFND		19,475	0	0
T-MOBILE US INC COM	COM	872590104	1,378	10,272	SH		DFND		10,272	0	0
TRACTOR SUPPLY CO COM	COM	892356106	3,806	20,477	SH		DFND		20,477	0	0
TRANSUNION COM	COM	89400J107	79	1,323	SH		DFND		1,323	0	0
TRAVELERS COMPANIES INC COM	COM	89417E109	19,182	125,207	SH		DFND		115,461	0	9,746
TRIMBLE INC COM	COM	896239100	215	3,954	SH		DFND		3,954	0	0
TRUIST FINL CORP COM	COM	89832Q109	5,800	133,214	SH		DFND		133,214	0	0
TWILIO INC CL A	CL A	90138F102	377	5,452	SH		DFND		5,452	0	0
TWITTER INC COM	COM	90184L102	609	13,892	SH		DFND		13,892	0	0
TYSON FOODS INC CL A	CL A	902494103	14,320	217,206	SH		DFND		217,206	0	0
UBER TECHNOLOGIES INC COM	COM	90353T100	441	16,653	SH		DFND		16,653	0	0
UDR INC COM	COM	902653104	106	2,553	SH		DFND		2,553	0	0
ULTA BEAUTY INC COM	COM	90384S303	9,879	24,623	SH		DFND		24,623	0	0
UNION PAC CORP COM	COM	907818108	5,152	26,443	SH		DFND		26,443	0	0
UNITED PARCEL SERVICE INC CL B	CL B	911312106	19,755	122,289	SH		DFND		112,444	0	9,845
UNITED RENTALS INC COM	COM	911363109	3,170	11,734	SH		DFND		11,734	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	43,484	86,101	SH		DFND		81,717	0	4,384
US BANCORP DEL COM NEW	COM NEW	902973304	869	21,543	SH		DFND		21,543	0	0
VALERO ENERGY CORP COM	NEW COM	91913Y100	450	4,215	SH		DFND		4,215	0	0
VEEVA SYS INC CL A COM	CL A COM	922475108	227	1,379	SH		DFND		1,379	0	0
VERISK ANALYTICS INC COM	COM	92345Y106	383	2,247	SH		DFND		2,247	0	0
VERIZON COMMUNICATIONS INC COM	COM	92343V104	22,341	588,383	SH		DFND		545,905	0	42,478
VERTEX PHARMACEUTICALS INC COM	COM	92532F100	13,418	46,342	SH		DFND		46,342	0	0
VICI PPTYS INC COM	COM	925652109	729	24,417	SH		DFND		24,417	0	0
VISA INC COM CL A	CL A	92826C839	44,650	251,337	SH		DFND		241,278	0	10,059
VMWARE INC CL A COM	CL A COM	928563402	514	4,832	SH		DFND		4,832	0	0
WABTEC COM	COM	929740108	297	3,649	SH		DFND		3,649	0	0
WALGREENS BOOTS ALLIANCE INC COM	COM	931427108	536	17,072	SH		DFND		17,072	0	0
WALMART INC COM	COM	931142103	1,417	10,925	SH		DFND		10,925	0	0
WARNER BROS DISCOVERY INC COM SER A	COM SER A ADDED	934423104	391	33,980	SH		DFND		33,980	0	0
WASTE CONNECTIONS INC COM	COM	94106B101	423	3,131	SH		DFND		3,131	0	0
WASTE MGMT INC DEL COM	COM	94106L109	6,876	42,916	SH		DFND		42,916	0	0
WEC ENERGY GROUP INC COM	COM	92939U106	311	3,482	SH		DFND		3,482	0	0
WELLS FARGO CO NEW COM	NEW COM	949746101	1,266	31,469	SH		DFND		31,469	0	0
WELLTOWER INC COM	COM	95040Q104	750	11,657	SH		DFND		11,657	0	0
WESTERN DIGITAL CORP. COM	COM	958102105	214	6,588	SH		DFND		6,588	0	0
WESTERN UN CO COM	COM	959802109	333	24,635	SH		DFND		24,635	0	0
WEYERHAEUSER CO MTN BE COM NEW	COM NEW	962166104	11,867	415,524	SH		DFND		415,524	0	0
WHEATON PRECIOUS METALS CORP COM	COM	962879102	631	19,509	SH		DFND		19,509	0	0
WILLIAMS COS INC COM	COM	969457100	451	15,736	SH		DFND		15,736	0	0
WNS HLDGS LTD SPON ADR	SPON ADR	92932M101	719	8,786	SH		DFND		8,786	0	0
WORKDAY INC CL A	CL A	98138H101	861	5,658	SH		DFND		5,658	0	0
XCEL ENERGY INC COM	COM	98389B100	418	6,533	SH		DFND		6,533	0	0
XYLEM INC COM	COM	98419M100	1,387	15,876	SH		DFND		15,876	0	0
YUM BRANDS INC COM	COM	988498101	114	1,072	SH		DFND		1,072	0	0
ZEBRA TECHNOLOGIES CORPORATI CL A	CL A	989207105	218	832	SH		DFND		832	0	0
ZOETIS INC CL A	CL A	98978V103	1,169	7,885	SH		DFND		7,885	0	0
ZOOM VIDEO COMMUNICATIONS IN CL A	CL A	98980L101	296	4,023	SH		DFND		4,023	0	0
BERKSHIRE HATHAWAY INC DEL CL A	CL A	084670108	1,219	3	SH		DFND		3	0	0
NVR INC COM	COM	62944T105	351	88	SH		DFND		88	0	0