E Fund Management 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
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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
Agilent Technologies Inc	Common Stock	00846U101	261,176	1,759	SH		SOLE		1,759	0	0
Apple Inc	Common Stock	037833100	83,728,084	359,348	SH		DFND		359,348	0	0
AbbVie Inc	Common Stock	00287Y109	3,621,980	18,341	SH		SOLE		18,341	0	0
Airbnb Inc	Common Stock	009066101	1,201,017	9,471	SH		DFND		9,471	0	0
Abbott Laboratories	Common Stock	002824100	1,506,870	13,217	SH		SOLE		13,217	0	0
ACADIA Pharmaceuticals Inc	Common Stock	004225108	281,946	18,332	SH		SOLE		18,332	0	0
Arcellx Inc	Common Stock	03940C100	299,132	3,582	SH		SOLE		3,582	0	0
Accenture PLC	Common Stock	G1151C101	4,388,100	12,414	SH		SOLE		12,414	0	0
Adobe Inc	Common Stock	00724F101	6,640,528	12,825	SH		DFND		12,825	0	0
Analog Devices Inc	Common Stock	032654105	2,714,625	11,794	SH		DFND		11,794	0	0
ADMA Biologics Inc	Common Stock	000899104	502,108	25,118	SH		SOLE		25,118	0	0
Automatic Data Processing Inc	Common Stock	053015103	1,222,316	4,417	SH		DFND		4,417	0	0
Autodesk Inc	Common Stock	052769106	1,423,404	5,167	SH		DFND		5,167	0	0
American Electric Power Co In	Common Stock	025537101	589,334	5,744	SH		DFND		5,744	0	0
Agios Pharmaceuticals Inc	Common Stock	00847X104	255,516	5,751	SH		SOLE		5,751	0	0
Akamai Technologies Inc	Common Stock	00971T101	217,850	2,158	SH		SOLE		2,158	0	0
Align Technology Inc	Common Stock	016255101	217,443	855	SH		SOLE		855	0	0
Alkermes PLC	Common Stock	G01767105	459,399	16,413	SH		SOLE		16,413	0	0
Allogene Therapeutics Inc	Common Stock	019770106	57,016	20,363	SH		SOLE		20,363	0	0
Alnylam Pharmaceuticals Inc	Common Stock	02043Q107	3,475,554	12,637	SH		SOLE		12,637	0	0
Altimmune Inc	Common Stock	02155H200	61,461	10,010	SH		SOLE		10,010	0	0
Applied Materials Inc	Common Stock	038222105	27,258,363	134,909	SH		SOLE		134,909	0	0
Advanced Micro Devices Inc	Common Stock	007903107	7,699,289	46,924	SH		DFND		46,924	0	0
Amgen Inc	Common Stock	031162100	3,104,171	9,634	SH		SOLE		9,634	0	0
American Tower Corp	REIT	03027X100	238,141	1,024	SH		SOLE		1,024	0	0
Amazon.com Inc	Common Stock	023135106	21,631,235	116,091	SH		DFND		116,091	0	0
Arista Networks Inc	Common Stock	040413106	4,365,952	11,375	SH		DFND		11,375	0	0
Annexon Inc	Common Stock	03589W102	67,257	11,361	SH		SOLE		11,361	0	0
ANSYS Inc	Common Stock	03662Q105	670,079	2,103	SH		DFND		2,103	0	0
Apogee Therapeutics Inc	Common Stock	03770N101	205,942	3,506	SH		SOLE		3,506	0	0
Amphenol Corp	Common Stock	032095101	1,134,109	17,405	SH		SOLE		17,405	0	0
Apellis Pharmaceuticals Inc	Common Stock	03753U106	378,265	13,116	SH		SOLE		13,116	0	0
Applied Therapeutics Inc	Common Stock	03828A101	86,971	10,232	SH		SOLE		10,232	0	0
Ardelyx Inc	Common Stock	039697107	263,149	38,193	SH		SOLE		38,193	0	0
Argenx SE	ADR	04016X101	3,144,063	5,800	SH		SOLE		5,800	0	0
Arcutis Biotherapeutics Inc	Common Stock	03969K108	165,400	17,785	SH		SOLE		17,785	0	0
Arrowhead Pharmaceuticals Inc	Common Stock	04280A100	221,554	11,438	SH		SOLE		11,438	0	0
ASML Holding NV	NY Reg Shrs	N07059210	30,014,497	36,021	SH		DFND		36,021	0	0
Autohome Inc	ADR	05278C107	13,575,041	416,157	SH		DFND		416,157	0	0
Broadcom Inc	Common Stock	11135F101	27,154,087	157,415	SH		DFND		157,415	0	0
Axon Enterprise Inc	Common Stock	05464C101	349,250	874	SH		DFND		874	0	0
American Express Co	Common Stock	025816109	226,451	835	SH		SOLE		835	0	0
AstraZeneca PLC	ADR	046353108	423,207	5,432	SH		DFND		5,432	0	0
Bank of America Corp	Common Stock	060505104	1,925,471	48,525	SH		SOLE		48,525	0	0
Bridgebio Pharma Inc	Common Stock	10806X102	398,041	15,634	SH		SOLE		15,634	0	0
BioCryst Pharmaceuticals Inc	Common Stock	09058V103	181,168	23,838	SH		SOLE		23,838	0	0
Becton Dickinson & Co	Common Stock	075887109	290,284	1,204	SH		SOLE		1,204	0	0
Beam Therapeutics Inc	Common Stock	07373V105	294,490	12,020	SH		SOLE		12,020	0	0
KE Holdings Inc	ADR	482497104	82,367,730	4,137,003	SH		DFND		4,137,003	0	0
Biohaven Ltd	Common Stock	G1110E107	441,634	8,838	SH		SOLE		8,838	0	0
Biogen Inc	Common Stock	09062X103	1,562,544	8,061	SH		DFND		8,061	0	0
Booking Holdings Inc	Common Stock	09857L108	1,528,999	363	SH		SOLE		363	0	0
Baker Hughes Co	Common Stock	05722G100	389,769	10,782	SH		DFND		10,782	0	0
BioMarin Pharmaceutical Inc	Common Stock	09061G101	899,430	12,796	SH		SOLE		12,796	0	0
Bristol-Myers Squibb Co	Common Stock	110122108	347,227	6,711	SH		SOLE		6,711	0	0
Blueprint Medicines Corp	Common Stock	09627Y109	694,490	7,508	SH		SOLE		7,508	0	0
Berkshire Hathaway Inc	Common Stock	084670702	4,411,592	9,585	SH		SOLE		9,585	0	0
Boston Scientific Corp	Common Stock	101137107	4,489,501	53,574	SH		DFND		53,574	0	0
Kanzhun Ltd	ADR	48553T106	41,727,519	2,403,659	SH		DFND		2,403,659	0	0
Cabaletta Bio Inc	Common Stock	12674W109	1,322,227	280,133	SH		SOLE		280,133	0	0
Cardinal Health Inc	Common Stock	14149Y108	214,629	1,942	SH		SOLE		1,942	0	0
Caterpillar Inc	Common Stock	149123101	1,351,710	3,456	SH		SOLE		3,456	0	0
Coca-Cola Europacific Partners	Common Stock	G25839104	337,128	4,281	SH		SOLE		4,281	0	0
Carnival Corp	Common Stock	143658300	999,324	54,076	SH		SOLE		54,076	0	0
Cadence Design Systems Inc	Common Stock	127387108	1,751,124	6,461	SH		DFND		6,461	0	0
CDW Corp/DE	Common Stock	12514G108	729,590	3,224	SH		DFND		3,224	0	0
Constellation Energy Corp	Common Stock	21037T109	881,207	3,389	SH		DFND		3,389	0	0
Cullinan Therapeutics Inc	Common Stock	230031106	1,269,544	75,839	SH		SOLE		75,839	0	0
Charter Communications Inc	Common Stock	16119P108	475,749	1,468	SH		DFND		1,468	0	0
Cigna Group/The	Common Stock	125523100	312,488	902	SH		SOLE		902	0	0
Comcast Corp	Common Stock	20030N101	1,743,438	41,739	SH		DFND		41,739	0	0
Chipotle Mexican Grill Inc	Common Stock	169656105	739,783	12,839	SH		DFND		12,839	0	0
Centene Corp	Common Stock	15135B101	242,702	3,224	SH		SOLE		3,224	0	0
Coinbase Global Inc	Common Stock	19260Q107	328,189	1,842	SH		SOLE		1,842	0	0
Cooper Cos Inc/The	Common Stock	216648501	211,080	1,913	SH		SOLE		1,913	0	0
ConocoPhillips	Common Stock	20825C104	234,668	2,229	SH		DFND		2,229	0	0
Cencora Inc	Common Stock	03073E105	225,980	1,004	SH		SOLE		1,004	0	0
Costco Wholesale Corp	Common Stock	22160K105	6,589,502	7,433	SH		DFND		7,433	0	0
Copart Inc	Common Stock	217204106	625,446	11,936	SH		DFND		11,936	0	0
Salesforce Inc	Common Stock	79466L302	5,494,454	20,074	SH		DFND		20,074	0	0
Crinetics Pharmaceuticals Inc	Common Stock	22663K107	319,988	6,262	SH		SOLE		6,262	0	0
CRISPR Therapeutics AG	Common Stock	H17182108	645,317	13,736	SH		SOLE		13,736	0	0
Crowdstrike Holdings Inc	Common Stock	22788C105	1,534,731	5,472	SH		DFND		5,472	0	0
Cisco Systems Inc	Common Stock	17275R102	6,205,824	116,607	SH		SOLE		116,607	0	0
CoStar Group Inc	Common Stock	22160N109	333,897	4,426	SH		DFND		4,426	0	0
CSX Corp	Common Stock	126408103	725,302	21,005	SH		DFND		21,005	0	0
Cintas Corp	Common Stock	172908105	881,578	4,282	SH		DFND		4,282	0	0
Catalent Inc	Common Stock	148806102	201,031	3,319	SH		SOLE		3,319	0	0
Cognizant Technology Solution	Common Stock	192446102	921,838	11,944	SH		DFND		11,944	0	0
CVS Health Corp	Common Stock	126650100	314,274	4,998	SH		SOLE		4,998	0	0
Chevron Corp	Common Stock	166764100	1,705,975	11,584	SH		SOLE		11,584	0	0
Cytokinetics Inc	Common Stock	23282W605	725,313	13,737	SH		SOLE		13,737	0	0
DoorDash Inc	Common Stock	25809K105	512,257	3,589	SH		DFND		3,589	0	0
Datadog Inc	Common Stock	23804L103	334,019	2,903	SH		DFND		2,903	0	0
Deckers Outdoor Corp	Common Stock	243537107	1,030,046	6,460	SH		SOLE		6,460	0	0
Dell Technologies Inc	Common Stock	24703L202	492,296	4,153	SH		SOLE		4,153	0	0
Quest Diagnostics Inc	Common Stock	74834L100	210,984	1,359	SH		SOLE		1,359	0	0
Danaher Corp	Common Stock	235851102	3,115,214	11,205	SH		DFND		11,205	0	0
Walt Disney Co/The	Common Stock	254687106	262,791	2,732	SH		SOLE		2,732	0	0
Denali Therapeutics Inc	Common Stock	24823R105	220,251	7,561	SH		SOLE		7,561	0	0
Duolingo Inc	Common Stock	26603R106	795,860	2,822	SH		SOLE		2,822	0	0
Dynavax Technologies Corp	Common Stock	268158201	187,775	16,856	SH		SOLE		16,856	0	0
Dexcom Inc	Common Stock	252131107	464,318	6,926	SH		DFND		6,926	0	0
Dyne Therapeutics Inc	Common Stock	26818M108	380,716	10,599	SH		SOLE		10,599	0	0
Electronic Arts Inc	Common Stock	285512109	406,365	2,833	SH		DFND		2,833	0	0
Vanguard Extended Duration Tr	ETP	921910709	2,381,396	29,887	SH		SOLE		29,887	0	0
Estee Lauder Cos Inc/The	Common Stock	518439104	683,075	6,852	SH		SOLE		6,852	0	0
Elevance Health Inc	Common Stock	036752103	345,800	665	SH		SOLE		665	0	0
Enphase Energy Inc	Common Stock	29355A107	220,275	1,949	SH		SOLE		1,949	0	0
Equinix Inc	REIT	29444U700	255,636	288	SH		DFND		288	0	0
Erasca Inc	Common Stock	29479A108	40,723	14,917	SH		SOLE		14,917	0	0
Eaton Corp PLC	Common Stock	G29183103	432,197	1,304	SH		SOLE		1,304	0	0
Edwards Lifesciences Corp	Common Stock	28176E108	235,782	3,573	SH		SOLE		3,573	0	0
iShares MSCI Japan ETF	ETP	46434G822	430,742	6,021	SH		SOLE		6,021	0	0
Exact Sciences Corp	Common Stock	30063P105	1,129,157	16,576	SH		SOLE		16,576	0	0
Exelon Corp	Common Stock	30161N101	438,102	10,804	SH		DFND		10,804	0	0
Exelixis Inc	Common Stock	30161Q104	368,775	14,211	SH		SOLE		14,211	0	0
Diamondback Energy Inc	Common Stock	25278X109	878,377	5,095	SH		DFND		5,095	0	0
Fastenal Co	Common Stock	311900104	441,947	6,188	SH		DFND		6,188	0	0
Fate Therapeutics Inc	Common Stock	31189P102	1,238,198	353,771	SH		SOLE		353,771	0	0
Fair Isaac Corp	Common Stock	303250104	1,519,832	782	SH		SOLE		782	0	0
Amicus Therapeutics Inc	Common Stock	03152W109	279,463	26,167	SH		SOLE		26,167	0	0
First Solar Inc	Common Stock	336433107	380,894	1,527	SH		SOLE		1,527	0	0
Fortinet Inc	Common Stock	34959E109	1,254,216	16,173	SH		DFND		16,173	0	0
Futu Holdings Ltd	ADR	36118L106	48,191,435	503,831	SH		DFND		503,831	0	0
GoDaddy Inc	Common Stock	380237107	325,788	2,078	SH		SOLE		2,078	0	0
VanEck Gold Miners ETF/USA	ETP	92189F106	2,045,951	51,380	SH		SOLE		51,380	0	0
General Electric Co	Common Stock	369604301	2,307,087	12,234	SH		DFND		12,234	0	0
GE HealthCare Technologies In	Common Stock	36266G107	655,167	6,981	SH		DFND		6,981	0	0
Gen Digital Inc	Common Stock	668771108	224,103	8,170	SH		SOLE		8,170	0	0
Geron Corp	Common Stock	374163103	415,355	91,488	SH		SOLE		91,488	0	0
GE Vernova Inc	Common Stock	36828A101	953,370	3,739	SH		DFND		3,739	0	0
GLOBALFOUNDRIES Inc	Common Stock	G39387108	207,126	5,146	SH		DFND		5,146	0	0
Gilead Sciences Inc	Common Stock	375558103	2,412,412	28,774	SH		DFND		28,774	0	0
SPDR Gold Shares	ETP	78463V107	2,631,124	10,825	SH		SOLE		10,825	0	0
SPDR Gold MiniShares Trust	ETP	98149E303	3,754,715	72,026	SH		SOLE		72,026	0	0
Corning Inc	Common Stock	219350105	512,091	11,342	SH		SOLE		11,342	0	0
Alphabet Inc	Common Stock	02079K107	10,551,528	63,111	SH		DFND		63,111	0	0
Alphabet Inc	Common Stock	02079K305	10,598,146	63,902	SH		DFND		63,902	0	0
Goldman Sachs Group Inc/The	Common Stock	38141G104	224,779	454	SH		SOLE		454	0	0
Halozyme Therapeutics Inc	Common Stock	40637H109	681,671	11,909	SH		SOLE		11,909	0	0
HCA Healthcare Inc	Common Stock	40412C101	300,351	739	SH		SOLE		739	0	0
Home Depot Inc/The	Common Stock	437076102	3,540,637	8,738	SH		DFND		8,738	0	0
Hilton Worldwide Holdings Inc	Common Stock	43300A203	1,971,466	8,553	SH		SOLE		8,553	0	0
Hologic Inc	Common Stock	436440101	208,374	2,558	SH		SOLE		2,558	0	0
Honeywell International Inc	Common Stock	438516106	1,456,065	7,044	SH		DFND		7,044	0	0
Hewlett Packard Enterprise Co	Common Stock	42824C109	392,402	19,179	SH		SOLE		19,179	0	0
HP Inc	Common Stock	40434L105	457,234	12,747	SH		SOLE		12,747	0	0
Henry Schein Inc	Common Stock	806407102	203,318	2,789	SH		SOLE		2,789	0	0
H World Group Ltd	ADR	44332N106	5,600,646	150,555	SH		SOLE		150,555	0	0
Humana Inc	Common Stock	444859102	236,604	747	SH		SOLE		747	0	0
Humacyte Inc	Common Stock	44486Q103	86,327	15,869	SH		SOLE		15,869	0	0
Howmet Aerospace Inc	Common Stock	443201108	623,956	6,224	SH		DFND		6,224	0	0
iShares Gold Trust	ETP	464285204	3,810,747	76,675	SH		SOLE		76,675	0	0
International Business Machine	Common Stock	459200101	3,996,242	18,076	SH		SOLE		18,076	0	0
ImmunityBio Inc	Common Stock	45256X103	108,914	29,278	SH		SOLE		29,278	0	0
IDEXX Laboratories Inc	Common Stock	45168D104	1,229,705	2,434	SH		DFND		2,434	0	0
Ideaya Biosciences Inc	Common Stock	45166A102	256,512	8,097	SH		SOLE		8,097	0	0
Immunovant Inc	Common Stock	45258J102	279,084	9,789	SH		SOLE		9,789	0	0
Incyte Corp	Common Stock	45337C102	1,338,194	20,245	SH		SOLE		20,245	0	0
Insmed Inc	Common Stock	457669307	1,062,222	14,551	SH		SOLE		14,551	0	0
Intel Corp	Common Stock	458140100	2,381,096	101,496	SH		SOLE		101,496	0	0
Intuit Inc	Common Stock	461202103	5,022,647	8,088	SH		DFND		8,088	0	0
Ionis Pharmaceuticals Inc	Common Stock	462222100	510,845	12,752	SH		SOLE		12,752	0	0
Iovance Biotherapeutics Inc	Common Stock	462260100	393,929	41,952	SH		SOLE		41,952	0	0
iQIYI Inc	ADR	46267X108	5,466,049	1,911,206	SH		DFND		1,911,206	0	0
IQVIA Holdings Inc	Common Stock	46266C105	993,615	4,193	SH		DFND		4,193	0	0
Ironwood Pharmaceuticals Inc	Common Stock	46333X108	104,998	25,485	SH		SOLE		25,485	0	0
Intuitive Surgical Inc	Common Stock	46120E602	2,074,632	4,223	SH		DFND		4,223	0	0
Gartner Inc	Common Stock	366651107	1,197,980	2,364	SH		DFND		2,364	0	0
iShares Core S&P 500 ETF	ETP	464287200	13,899,055	24,096	SH		SOLE		24,096	0	0
Janux Therapeutics Inc	Common Stock	47103J105	2,957,402	65,098	SH		SOLE		65,098	0	0
Johnson & Johnson	Common Stock	478160104	2,786,621	17,195	SH		SOLE		17,195	0	0
JPMorgan Chase & Co	Common Stock	46625H100	4,588,524	21,761	SH		SOLE		21,761	0	0
Keurig Dr Pepper Inc	Common Stock	49271V100	531,803	14,189	SH		DFND		14,189	0	0
Keysight Technologies Inc	Common Stock	49338L103	394,464	2,482	SH		SOLE		2,482	0	0
Kraft Heinz Co/The	Common Stock	500754106	438,348	12,485	SH		DFND		12,485	0	0
KLA Corp	Common Stock	482480100	29,579,364	38,196	SH		DFND		38,196	0	0
Coca-Cola Co/The	Common Stock	191216100	1,979,958	27,553	SH		DFND		27,553	0	0
Krystal Biotech Inc	Common Stock	501147102	535,350	2,941	SH		SOLE		2,941	0	0
Kymera Therapeutics Inc	Common Stock	501575104	2,569,640	54,292	SH		SOLE		54,292	0	0
Kyverna Therapeutics Inc	Common Stock	501976104	926,322	189,432	SH		SOLE		189,432	0	0
Legend Biotech Corp	ADR	52490G102	5,688,983	116,745	SH		DFND		116,745	0	0
Labcorp Holdings Inc	Common Stock	504922105	209,847	939	SH		SOLE		939	0	0
Linde PLC	Common Stock	G54950103	3,659,423	7,674	SH		DFND		7,674	0	0
Eli Lilly & Co	Common Stock	532457108	4,927,598	5,562	SH		SOLE		5,562	0	0
Lowe's Cos Inc	Common Stock	548661107	224,805	830	SH		SOLE		830	0	0
Lam Research Corp	Common Stock	512807306	6,034,911	7,395	SH		DFND		7,395	0	0
Lufax Holding Ltd	ADR	54975P201	3,903,481	1,118,476	SH		SOLE		1,118,476	0	0
Lululemon Athletica Inc	Common Stock	550021109	1,470,716	5,420	SH		DFND		5,420	0	0
Las Vegas Sands Corp	Common Stock	517834107	269,067	5,345	SH		SOLE		5,345	0	0
Mastercard Inc	Common Stock	57636Q104	3,858,553	7,814	SH		DFND		7,814	0	0
Marriott International Inc/MD	Common Stock	571903202	3,353,116	13,488	SH		DFND		13,488	0	0
McDonald's Corp	Common Stock	580135101	1,467,738	4,820	SH		SOLE		4,820	0	0
Microchip Technology Inc	Common Stock	595017104	1,012,777	12,614	SH		DFND		12,614	0	0
McKesson Corp	Common Stock	58155Q103	269,458	545	SH		SOLE		545	0	0
Moody's Corp	Common Stock	615369105	619,339	1,305	SH		DFND		1,305	0	0
Madrigal Pharmaceuticals Inc	Common Stock	558868105	607,585	2,863	SH		SOLE		2,863	0	0
Mondelez International Inc	Common Stock	609207105	1,065,783	14,467	SH		DFND		14,467	0	0
Medtronic PLC	Common Stock	G5960L103	353,817	3,930	SH		SOLE		3,930	0	0
MercadoLibre Inc	Common Stock	58733R102	1,389,176	677	SH		DFND		677	0	0
Meta Platforms Inc	Common Stock	30303M102	17,829,216	31,146	SH		DFND		31,146	0	0
Mirum Pharmaceuticals Inc	Common Stock	604749101	214,148	5,491	SH		SOLE		5,491	0	0
MannKind Corp	Common Stock	56400P706	127,127	20,211	SH		SOLE		20,211	0	0
Monster Beverage Corp	Common Stock	61174X109	1,041,313	19,960	SH		DFND		19,960	0	0
Molina Healthcare Inc	Common Stock	60855R100	205,702	597	SH		SOLE		597	0	0
Hello Group Inc	ADR	423403104	322,360	42,360	SH		SOLE		42,360	0	0
Monolithic Power Systems Inc	Common Stock	609839105	638,829	691	SH		SOLE		691	0	0
Merck & Co Inc	Common Stock	58933Y105	2,101,995	18,510	SH		SOLE		18,510	0	0
Moderna Inc	Common Stock	60770K107	1,513,899	22,653	SH		DFND		22,653	0	0
Marvell Technology Inc	Common Stock	573874104	611,866	8,484	SH		DFND		8,484	0	0
MSCI Inc	Common Stock	55354G100	1,837,978	3,153	SH		DFND		3,153	0	0
Microsoft Corp	Common Stock	594918104	104,377,440	242,569	SH		SOLE		242,569	0	0
Motorola Solutions Inc	Common Stock	620076307	1,274,700	2,835	SH		DFND		2,835	0	0
Mettler-Toledo International I	Common Stock	592688105	245,950	164	SH		SOLE		164	0	0
Micron Technology Inc	Common Stock	595112103	2,862,188	27,598	SH		DFND		27,598	0	0
Neurocrine Biosciences Inc	Common Stock	64125C109	1,023,960	8,887	SH		SOLE		8,887	0	0
NextEra Energy Inc	Common Stock	65339F101	333,978	3,951	SH		SOLE		3,951	0	0
Netflix Inc	Common Stock	64110L106	5,017,376	7,074	SH		DFND		7,074	0	0
NIKE Inc	Common Stock	654106103	745,212	8,430	SH		SOLE		8,430	0	0
ServiceNow Inc	Common Stock	81762P102	4,440,645	4,965	SH		DFND		4,965	0	0
Norfolk Southern Corp	Common Stock	655844108	315,097	1,268	SH		SOLE		1,268	0	0
NetApp Inc	Common Stock	64110D104	375,717	3,042	SH		SOLE		3,042	0	0
Intellia Therapeutics Inc	Common Stock	45826J105	337,410	16,419	SH		SOLE		16,419	0	0
Natera Inc	Common Stock	632307104	1,090,119	8,587	SH		SOLE		8,587	0	0
Nuvalent Inc	Common Stock	670703107	281,631	2,753	SH		SOLE		2,753	0	0
Novavax Inc	Common Stock	670002401	304,648	24,121	SH		SOLE		24,121	0	0
NVIDIA Corp	Common Stock	67066G104	74,062,127	609,866	SH		DFND		609,866	0	0
NXP Semiconductors NV	Common Stock	N6596X109	1,455,660	6,065	SH		DFND		6,065	0	0
Ocugen Inc	Common Stock	67577C105	50,827	51,227	SH		SOLE		51,227	0	0
Old Dominion Freight Line Inc	Common Stock	679580100	449,324	2,262	SH		DFND		2,262	0	0
ON Semiconductor Corp	Common Stock	682189105	750,714	10,339	SH		DFND		10,339	0	0
On Holding AG	Common Stock	H5919C104	752,150	14,998	SH		DFND		14,998	0	0
Oracle Corp	Common Stock	68389X105	5,449,391	31,980	SH		DFND		31,980	0	0
O'Reilly Automotive Inc	Common Stock	67103H107	1,438,348	1,249	SH		DFND		1,249	0	0
Palo Alto Networks Inc	Common Stock	697435105	2,631,860	7,700	SH		DFND		7,700	0	0
Paychex Inc	Common Stock	704326107	513,678	3,828	SH		DFND		3,828	0	0
PACCAR Inc	Common Stock	693718108	560,700	5,682	SH		DFND		5,682	0	0
Vaxcyte Inc	Common Stock	92243G108	473,534	4,144	SH		SOLE		4,144	0	0
PDD Holdings Inc	ADR	722304102	628,750,065	4,663,972	SH		DFND		4,663,972	0	0
PepsiCo Inc	Common Stock	713448108	3,738,209	21,983	SH		DFND		21,983	0	0
Pfizer Inc	Common Stock	717081103	1,278,106	44,164	SH		SOLE		44,164	0	0
Procter & Gamble Co/The	Common Stock	742718109	2,727,380	15,747	SH		SOLE		15,747	0	0
Progressive Corp/The	Common Stock	743315103	224,577	885	SH		SOLE		885	0	0
Palantir Technologies Inc	Common Stock	69608A108	1,081,143	29,063	SH		SOLE		29,063	0	0
Philip Morris International In	Common Stock	718172109	1,264,381	10,415	SH		SOLE		10,415	0	0
Insulet Corp	Common Stock	45784P101	206,682	888	SH		SOLE		888	0	0
PTC Inc	Common Stock	69370C100	309,831	1,715	SH		SOLE		1,715	0	0
PTC Therapeutics Inc	Common Stock	69366J200	241,372	6,506	SH		SOLE		6,506	0	0
Protagonist Therapeutics Inc	Common Stock	74366E102	3,224,970	71,666	SH		SOLE		71,666	0	0
PayPal Holdings Inc	Common Stock	70450Y103	867,771	11,121	SH		DFND		11,121	0	0
QUALCOMM Inc	Common Stock	747525103	5,482,922	32,243	SH		DFND		32,243	0	0
Qifu Technology Inc	ADR	88557W101	26,048,216	873,808	SH		DFND		873,808	0	0
Ultragenyx Pharmaceutical Inc	Common Stock	90400D108	351,242	6,323	SH		SOLE		6,323	0	0
Royal Caribbean Cruises Ltd	Common Stock	V7780T103	1,365,672	7,700	SH		SOLE		7,700	0	0
Regeneron Pharmaceuticals Inc	Common Stock	75886F107	2,385,263	2,269	SH		DFND		2,269	0	0
RH	Common Stock	74967X103	994,594	2,974	SH		SOLE		2,974	0	0
iShares MSCI Global Gold Miner	ETP	46434G855	4,132,620	125,193	SH		SOLE		125,193	0	0
Relay Therapeutics Inc	Common Stock	75943R102	81,774	11,550	SH		SOLE		11,550	0	0
ResMed Inc	Common Stock	761152107	232,890	954	SH		SOLE		954	0	0
Avidity Biosciences Inc	Common Stock	05370A108	587,490	12,791	SH		SOLE		12,791	0	0
Roivant Sciences Ltd	Common Stock	G76279101	485,972	42,112	SH		SOLE		42,112	0	0
Roper Technologies Inc	Common Stock	776696106	1,408,349	2,531	SH		DFND		2,531	0	0
Ross Stores Inc	Common Stock	778296103	544,996	3,621	SH		DFND		3,621	0	0
RTX Corp	Common Stock	75513E101	243,168	2,007	SH		SOLE		2,007	0	0
REVOLUTION Medicines Inc	Common Stock	76155X100	489,054	10,784	SH		SOLE		10,784	0	0
Revvity Inc	Common Stock	714046109	210,148	1,645	SH		SOLE		1,645	0	0
Recursion Pharmaceuticals Inc	Common Stock	75629V104	286,124	43,418	SH		SOLE		43,418	0	0
Rhythm Pharmaceuticals Inc	Common Stock	76243J105	217,366	4,149	SH		SOLE		4,149	0	0
Sana Biotechnology Inc	Common Stock	799566104	85,654	20,590	SH		SOLE		20,590	0	0
Starbucks Corp	Common Stock	855244109	1,192,887	12,236	SH		SOLE		12,236	0	0
Scilex Holding Co	Common Stock	80880W106	29,061	31,431	SH		SOLE		31,431	0	0
Sherwin-Williams Co/The	Common Stock	824348106	243,886	639	SH		DFND		639	0	0
Schlumberger NV	Common Stock	806857108	495,303	11,807	SH		DFND		11,807	0	0
Super Micro Computer Inc	Common Stock	86800U302	535,906	1,287	SH		SOLE		1,287	0	0
Summit Therapeutics Inc	Common Stock	86627T108	6,156,199	281,105	SH		SOLE		281,105	0	0
Syndax Pharmaceuticals Inc	Common Stock	87164F105	212,135	11,020	SH		SOLE		11,020	0	0
Synopsys Inc	Common Stock	871607107	2,749,697	5,430	SH		DFND		5,430	0	0
Sohu.com Ltd	ADR	83410S108	312,449	19,838	SH		SOLE		19,838	0	0
S&P Global Inc	Common Stock	78409V104	1,028,590	1,991	SH		DFND		1,991	0	0
SPDR Portfolio Long Term Trea	ETP	78464A664	2,228,245	76,651	SH		SOLE		76,651	0	0
SPDR S&P 500 ETF Trust	ETP	78462F103	9,110,735	15,879	SH		SOLE		15,879	0	0
Sarepta Therapeutics Inc	Common Stock	803607100	1,088,541	8,716	SH		SOLE		8,716	0	0
STAAR Surgical Co	Common Stock	852312305	2,579,361	69,431	SH		SOLE		69,431	0	0
STERIS PLC	Common Stock	G8473T100	216,588	893	SH		SOLE		893	0	0
Seagate Technology Holdings PL	Common Stock	G7997R103	314,789	2,874	SH		SOLE		2,874	0	0
Savara Inc	Common Stock	805111101	45,800	10,802	SH		SOLE		10,802	0	0
Skyworks Solutions Inc	Common Stock	83088M102	226,973	2,298	SH		SOLE		2,298	0	0
SpringWorks Therapeutics Inc	Common Stock	85205L107	284,290	8,873	SH		SOLE		8,873	0	0
Stryker Corp	Common Stock	863667101	361,260	1,000	SH		SOLE		1,000	0	0
AT&T Inc	Common Stock	00206R102	237,929	10,815	SH		SOLE		10,815	0	0
TAL Education Group	ADR	874080104	33,114,396	2,796,824	SH		DFND		2,796,824	0	0
Trip.com Group Ltd	ADR	89677Q107	2,010,636	33,832	SH		DFND		33,832	0	0
Teledyne Technologies Inc	Common Stock	879360105	305,486	698	SH		SOLE		698	0	0
Atlassian Corp	Common Stock	049468101	237,103	1,493	SH		DFND		1,493	0	0
Bio-Techne Corp	Common Stock	09073M104	210,056	2,628	SH		SOLE		2,628	0	0
TE Connectivity PLC	Common Stock	G87052109	652,578	4,322	SH		SOLE		4,322	0	0
Teradyne Inc	Common Stock	880770102	299,869	2,239	SH		SOLE		2,239	0	0
Teleflex Inc	Common Stock	879369106	201,071	813	SH		SOLE		813	0	0
TG Therapeutics Inc	Common Stock	88322Q108	510,907	21,843	SH		SOLE		21,843	0	0
TJX Cos Inc/The	Common Stock	872540109	750,375	6,384	SH		DFND		6,384	0	0
iShares TR	ETP	464287432	5,164,082	52,641	SH		SOLE		52,641	0	0
Tencent Music Entertainment G	ADR	88034P109	47,837,547	3,969,921	SH		DFND		3,969,921	0	0
Thermo Fisher Scientific Inc	Common Stock	883556102	3,489,972	5,642	SH		DFND		5,642	0	0
T-Mobile US Inc	Common Stock	872590104	2,398,521	11,623	SH		DFND		11,623	0	0
Toll Brothers Inc	Common Stock	889478103	735,063	4,758	SH		SOLE		4,758	0	0
Tapestry Inc	Common Stock	876030107	589,317	12,544	SH		SOLE		12,544	0	0
Thomson Reuters Corp	Common Stock	884903808	451,919	2,649	SH		SOLE		2,649	0	0
Trimble Inc	Common Stock	896239100	223,586	3,601	SH		SOLE		3,601	0	0
Tesla Inc	Common Stock	88160R101	13,328,478	50,944	SH		DFND		50,944	0	0
TSMC	ADR	874039100	62,070,179	357,403	SH		DFND		357,403	0	0
Trane Technologies PLC	Common Stock	G8994E103	521,286	1,341	SH		SOLE		1,341	0	0
Trade Desk Inc/The	Common Stock	88339J105	457,898	4,176	SH		DFND		4,176	0	0
Take-Two Interactive Software	Common Stock	874054109	284,210	1,849	SH		DFND		1,849	0	0
Twist Bioscience Corp	Common Stock	90184D100	403,818	8,938	SH		SOLE		8,938	0	0
Texas Instruments Inc	Common Stock	882508104	5,500,339	26,627	SH		DFND		26,627	0	0
Tyler Technologies Inc	Common Stock	902252105	361,322	619	SH		SOLE		619	0	0
Uber Technologies Inc	Common Stock	90353T100	308,156	4,100	SH		DFND		4,100	0	0
Universal Health Services Inc	Common Stock	913903100	201,528	880	SH		SOLE		880	0	0
UnitedHealth Group Inc	Common Stock	91324P102	3,970,562	6,791	SH		DFND		6,791	0	0
Union Pacific Corp	Common Stock	907818108	317,712	1,289	SH		SOLE		1,289	0	0
United Rentals Inc	Common Stock	911363109	212,149	262	SH		DFND		262	0	0
United Therapeutics Corp	Common Stock	91307C102	1,148,153	3,204	SH		SOLE		3,204	0	0
Visa Inc	Common Stock	92826C839	3,010,702	10,950	SH		SOLE		10,950	0	0
Vera Therapeutics Inc	Common Stock	92337R101	224,226	5,073	SH		SOLE		5,073	0	0
Verve Therapeutics Inc	Common Stock	92539P101	65,601	13,554	SH		SOLE		13,554	0	0
Vanguard Long-Term Treasury E	ETP	92206C847	2,400,122	39,001	SH		SOLE		39,001	0	0
Vipshop Holdings Ltd	ADR	92763W103	33,508,423	2,130,224	SH		DFND		2,130,224	0	0
Vir Biotechnology Inc	Common Stock	92764N102	83,663	11,170	SH		SOLE		11,170	0	0
Viking Therapeutics Inc	Common Stock	92686J106	1,030,686	16,280	SH		SOLE		16,280	0	0
Verisk Analytics Inc	Common Stock	92345Y106	413,462	1,543	SH		DFND		1,543	0	0
VeriSign Inc	Common Stock	92343E102	236,690	1,246	SH		SOLE		1,246	0	0
Vertex Pharmaceuticals Inc	Common Stock	92532F100	2,513,757	5,405	SH		DFND		5,405	0	0
Viatris Inc	Common Stock	92556V106	202,315	17,426	SH		SOLE		17,426	0	0
Verizon Communications Inc	Common Stock	92343V104	1,266,506	28,201	SH		SOLE		28,201	0	0
Waters Corp	Common Stock	941848103	229,609	638	SH		SOLE		638	0	0
Weibo Corp	ADR	948596101	418,481	41,516	SH		SOLE		41,516	0	0
Warner Bros Discovery Inc	Common Stock	934423104	213,418	25,869	SH		DFND		25,869	0	0
Workday Inc	Common Stock	98138H101	485,397	1,986	SH		DFND		1,986	0	0
Western Digital Corp	Common Stock	958102105	328,679	4,813	SH		SOLE		4,813	0	0
Wells Fargo & Co	Common Stock	949746101	1,345,591	23,820	SH		SOLE		23,820	0	0
Walmart Inc	Common Stock	931142103	2,370,577	29,357	SH		SOLE		29,357	0	0
Williams-Sonoma Inc	Common Stock	969904101	789,782	5,098	SH		SOLE		5,098	0	0
West Pharmaceutical Services I	Common Stock	955306105	215,214	717	SH		SOLE		717	0	0
Xcel Energy Inc	Common Stock	98389B100	394,150	6,036	SH		DFND		6,036	0	0
Exxon Mobil Corp	Common Stock	30231G102	3,502,768	29,882	SH		SOLE		29,882	0	0
Full Truck Alliance Co Ltd	ADR	35969L108	47,058,130	5,222,878	SH		SOLE		5,222,878	0	0
JOYY Inc	ADR	46591M109	3,772,511	104,098	SH		DFND		104,098	0	0
Zimmer Biomet Holdings Inc	Common Stock	98956P102	218,274	2,022	SH		SOLE		2,022	0	0
Zebra Technologies Corp	Common Stock	989207105	271,814	734	SH		SOLE		734	0	0
Zhihu Inc	ADR	98955N207	317,202	82,390	SH		SOLE		82,390	0	0
Zscaler Inc	Common Stock	98980G102	241,025	1,410	SH		DFND		1,410	0	0
Zoetis Inc	Common Stock	98978V103	318,664	1,631	SH		SOLE		1,631	0	0