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	403,960	3,007	SH		SOLE		3,007	0	0
Apple Inc	Common Stock	037833100	132,078,269	527,427	SH		DFND		527,427	0	0
AbbVie Inc	Common Stock	00287Y109	4,715,270	26,535	SH		SOLE		26,535	0	0
Airbnb Inc	Common Stock	009066101	813,296	6,189	SH		DFND		6,189	0	0
Abbott Laboratories	Common Stock	002824100	2,460,369	21,752	SH		SOLE		21,752	0	0
Arbutus Biopharma Corp	Common Stock	03879J100	33,959	10,385	SH		SOLE		10,385	0	0
ACADIA Pharmaceuticals Inc	Common Stock	004225108	195,024	10,628	SH		SOLE		10,628	0	0
Arcellx Inc	Common Stock	03940C100	387,208	5,049	SH		SOLE		5,049	0	0
Accenture PLC	Common Stock	G1151C101	6,394,839	18,178	SH		SOLE		18,178	0	0
Adobe Inc	Common Stock	00724F101	8,020,692	18,037	SH		DFND		18,037	0	0
Analog Devices Inc	Common Stock	032654105	3,437,602	16,180	SH		DFND		16,180	0	0
ADMA Biologics Inc	Common Stock	000899104	625,443	36,469	SH		SOLE		36,469	0	0
Automatic Data Processing Inc	Common Stock	053015103	1,712,763	5,851	SH		DFND		5,851	0	0
Autodesk Inc	Common Stock	052769106	2,063,965	6,983	SH		DFND		6,983	0	0
American Electric Power Co Inc	Common Stock	025537101	697,719	7,565	SH		DFND		7,565	0	0
Akamai Technologies Inc	Common Stock	00971T101	291,637	3,049	SH		SOLE		3,049	0	0
Akebia Therapeutics Inc	Common Stock	00972D105	24,160	12,716	SH		SOLE		12,716	0	0
Align Technology Inc	Common Stock	016255101	319,646	1,533	SH		SOLE		1,533	0	0
Alkermes PLC	Common Stock	G01767105	428,380	14,895	SH		SOLE		14,895	0	0
Allogene Therapeutics Inc	Common Stock	019770106	55,363	25,992	SH		SOLE		25,992	0	0
Alnylam Pharmaceuticals Inc	Common Stock	02043Q107	2,893,136	12,295	SH		SOLE		12,295	0	0
Altimmune Inc	Common Stock	02155H200	80,456	11,159	SH		SOLE		11,159	0	0
Applied Materials Inc	Common Stock	038222105	14,933,824	91,827	SH		DFND		91,827	0	0
Advanced Micro Devices Inc	Common Stock	007903107	8,027,220	66,456	SH		DFND		66,456	0	0
Amgen Inc	Common Stock	031162100	3,227,244	12,382	SH		DFND		12,382	0	0
American Tower Corp	REIT	03027X100	276,032	1,505	SH		SOLE		1,505	0	0
Amazon.com Inc	Common Stock	023135106	38,512,817	175,545	SH		DFND		175,545	0	0
Arista Networks Inc	Common Stock	040413205	2,766,455	25,029	SH		SOLE		25,029	0	0
Annexon Inc	Common Stock	03589W102	79,243	15,447	SH		SOLE		15,447	0	0
ANSYS Inc	Common Stock	03662Q105	949,583	2,815	SH		DFND		2,815	0	0
Amphenol Corp	Common Stock	032095101	2,567,358	36,967	SH		SOLE		36,967	0	0
Apellis Pharmaceuticals Inc	Common Stock	03753U106	547,639	17,162	SH		SOLE		17,162	0	0
AppLovin Corp	Common Stock	03831W108	1,207,885	3,730	SH		DFND		3,730	0	0
Ardelyx Inc	Common Stock	039697107	191,783	37,827	SH		SOLE		37,827	0	0
Argenx SE	ADR	04016X101	3,567,000	5,800	SH		SOLE		5,800	0	0
Arcutis Biotherapeutics Inc	Common Stock	03969K108	207,264	14,879	SH		SOLE		14,879	0	0
ASML Holding NV	NY Reg Shrs	N07059210	30,528,095	44,047	SH		SOLE		44,047	0	0
Autohome Inc	ADR	05278C107	10,100,103	389,214	SH		DFND		389,214	0	0
Broadcom Inc	Common Stock	11135F101	48,713,061	210,115	SH		DFND		210,115	0	0
Axon Enterprise Inc	Common Stock	05464C101	1,333,059	2,243	SH		DFND		2,243	0	0
American Express Co	Common Stock	025816109	408,977	1,378	SH		SOLE		1,378	0	0
AstraZeneca PLC	ADR	046353108	453,398	6,920	SH		DFND		6,920	0	0
Boeing Co/The	Common Stock	097023105	320,901	1,813	SH		SOLE		1,813	0	0
Bank of America Corp	Common Stock	060505104	3,459,524	78,715	SH		DFND		78,715	0	0
Baxter International Inc	Common Stock	071813109	339,452	11,641	SH		SOLE		11,641	0	0
Bridgebio Pharma Inc	Common Stock	10806X102	488,020	17,785	SH		SOLE		17,785	0	0
BioCryst Pharmaceuticals Inc	Common Stock	09058V103	124,922	16,612	SH		SOLE		16,612	0	0
Becton Dickinson & Co	Common Stock	075887109	492,535	2,171	SH		SOLE		2,171	0	0
KE Holdings Inc	ADR	482497104	79,054,053	4,291,751	SH		DFND		4,291,751	0	0
Biohaven Ltd	Common Stock	G1110E107	359,046	9,613	SH		SOLE		9,613	0	0
Biogen Inc	Common Stock	09062X103	1,563,913	10,227	SH		DFND		10,227	0	0
Booking Holdings Inc	Common Stock	09857L108	2,330,189	469	SH		DFND		469	0	0
Baker Hughes Co	Common Stock	05722G100	591,138	14,411	SH		DFND		14,411	0	0
Blackrock Inc	Common Stock	09290D101	361,864	353	SH		SOLE		353	0	0
BioMarin Pharmaceutical Inc	Common Stock	09061G101	950,587	14,462	SH		SOLE		14,462	0	0
Bristol-Myers Squibb Co	Common Stock	110122108	611,470	10,811	SH		SOLE		10,811	0	0
Blueprint Medicines Corp	Common Stock	09627Y109	551,056	6,318	SH		SOLE		6,318	0	0
Berkshire Hathaway Inc	Common Stock	084670702	7,092,019	15,646	SH		SOLE		15,646	0	0
Boston Scientific Corp	Common Stock	101137107	7,757,263	86,848	SH		DFND		86,848	0	0
Blackstone Inc	Common Stock	09260D107	301,907	1,751	SH		SOLE		1,751	0	0
Kanzhun Ltd	ADR	48553T106	30,811,011	2,232,682	SH		DFND		2,232,682	0	0
Citigroup Inc	Common Stock	172967424	322,809	4,586	SH		SOLE		4,586	0	0
Cardinal Health Inc	Common Stock	14149Y108	394,667	3,337	SH		SOLE		3,337	0	0
Caterpillar Inc	Common Stock	149123101	1,908,118	5,260	SH		SOLE		5,260	0	0
Chubb Ltd	Common Stock	H1467J104	256,406	928	SH		SOLE		928	0	0
Coca-Cola Europacific Partners	Common Stock	G25839104	417,309	5,433	SH		SOLE		5,433	0	0
Carnival Corp	Common Stock	143658300	1,368,980	54,935	SH		SOLE		54,935	0	0
Cadence Design Systems Inc	Common Stock	127387108	3,667,714	12,207	SH		DFND		12,207	0	0
CDW Corp/DE	Common Stock	12514G108	742,628	4,267	SH		DFND		4,267	0	0
Constellation Energy Corp	Common Stock	21037T109	1,002,444	4,481	SH		DFND		4,481	0	0
Cullinan Therapeutics Inc	Common Stock	230031106	911,588	74,843	SH		SOLE		74,843	0	0
Charter Communications Inc	Common Stock	16119P108	655,718	1,913	SH		DFND		1,913	0	0
Cigna Group/The	Common Stock	125523100	494,567	1,791	SH		SOLE		1,791	0	0
Celldex Therapeutics Inc	Common Stock	15117B202	272,537	10,785	SH		SOLE		10,785	0	0
Comcast Corp	Common Stock	20030N101	2,049,738	54,616	SH		DFND		54,616	0	0
CME Group Inc	Common Stock	12572Q105	207,149	892	SH		SOLE		892	0	0
Chipotle Mexican Grill Inc	Common Stock	169656105	802,050	13,301	SH		DFND		13,301	0	0
Centene Corp	Common Stock	15135B101	423,091	6,984	SH		SOLE		6,984	0	0
Cogent Biosciences Inc	Common Stock	19240Q201	88,764	11,380	SH		SOLE		11,380	0	0
Cooper Cos Inc/The	Common Stock	216648501	348,507	3,791	SH		SOLE		3,791	0	0
ConocoPhillips	Common Stock	20825C104	311,096	3,137	SH		SOLE		3,137	0	0
Cencora Inc	Common Stock	03073E105	408,918	1,820	SH		SOLE		1,820	0	0
Costco Wholesale Corp	Common Stock	22160K105	9,351,452	10,206	SH		DFND		10,206	0	0
Copart Inc	Common Stock	217204106	906,360	15,793	SH		DFND		15,793	0	0
Credo Technology Group Holding	Common Stock	G25457105	3,013,965	44,844	SH		SOLE		44,844	0	0
Charles River Laboratories Int	Common Stock	159864107	335,972	1,820	SH		SOLE		1,820	0	0
Salesforce Inc	Common Stock	79466L302	12,732,623	38,084	SH		DFND		38,084	0	0
Crinetics Pharmaceuticals Inc	Common Stock	22663K107	295,276	5,775	SH		SOLE		5,775	0	0
CRISPR Therapeutics AG	Common Stock	H17182108	463,858	11,785	SH		SOLE		11,785	0	0
Crowdstrike Holdings Inc	Common Stock	22788C105	2,599,732	7,598	SH		DFND		7,598	0	0
Cisco Systems Inc	Common Stock	17275R102	9,668,721	163,323	SH		DFND		163,323	0	0
CoStar Group Inc	Common Stock	22160N109	880,485	12,299	SH		DFND		12,299	0	0
CSX Corp	Common Stock	126408103	886,618	27,475	SH		DFND		27,475	0	0
Cintas Corp	Common Stock	172908105	1,023,485	5,602	SH		DFND		5,602	0	0
Cognizant Technology Solutions	Common Stock	192446102	1,222,095	15,892	SH		DFND		15,892	0	0
CVS Health Corp	Common Stock	126650100	421,517	9,390	SH		SOLE		9,390	0	0
Chevron Corp	Common Stock	166764100	2,708,798	18,702	SH		SOLE		18,702	0	0
Cytokinetics Inc	Common Stock	23282W605	552,438	11,744	SH		SOLE		11,744	0	0
DoorDash Inc	Common Stock	25809K105	774,669	4,618	SH		DFND		4,618	0	0
Day One Biopharmaceuticals Inc	Common Stock	23954D109	142,867	11,276	SH		SOLE		11,276	0	0
Datadog Inc	Common Stock	23804L103	1,574,218	11,017	SH		DFND		11,017	0	0
Deere & Co	Common Stock	244199105	266,931	630	SH		SOLE		630	0	0
Deckers Outdoor Corp	Common Stock	243537107	800,377	3,941	SH		DFND		3,941	0	0
Dell Technologies Inc	Common Stock	24703L202	718,060	6,231	SH		SOLE		6,231	0	0
Quest Diagnostics Inc	Common Stock	74834L100	356,935	2,366	SH		SOLE		2,366	0	0
Danaher Corp	Common Stock	235851102	1,408,748	6,137	SH		DFND		6,137	0	0
Walt Disney Co/The	Common Stock	254687106	499,182	4,483	SH		SOLE		4,483	0	0
Denali Therapeutics Inc	Common Stock	24823R105	203,739	9,997	SH		SOLE		9,997	0	0
Domino's Pizza Inc	Common Stock	25754A201	476,847	1,136	SH		SOLE		1,136	0	0
Duke Energy Corp	Common Stock	26441C204	201,797	1,873	SH		SOLE		1,873	0	0
Duolingo Inc	Common Stock	26603R106	1,594,887	4,919	SH		SOLE		4,919	0	0
DaVita Inc	Common Stock	23918K108	328,113	2,194	SH		SOLE		2,194	0	0
Dynavax Technologies Corp	Common Stock	268158201	225,097	17,627	SH		SOLE		17,627	0	0
Dexcom Inc	Common Stock	252131107	764,090	9,825	SH		DFND		9,825	0	0
Dyne Therapeutics Inc	Common Stock	26818M108	279,139	11,848	SH		SOLE		11,848	0	0
Electronic Arts Inc	Common Stock	285512109	542,334	3,707	SH		DFND		3,707	0	0
Emergent BioSolutions Inc	Common Stock	29089Q105	97,875	10,238	SH		SOLE		10,238	0	0
Elevance Health Inc	Common Stock	036752103	525,683	1,425	SH		SOLE		1,425	0	0
Enphase Energy Inc	Common Stock	29355A107	200,889	2,925	SH		SOLE		2,925	0	0
EPAM Systems Inc	Common Stock	29414B104	272,634	1,166	SH		SOLE		1,166	0	0
Equinix Inc	REIT	29444U700	220,636	234	SH		SOLE		234	0	0
EQT Corp	Common Stock	26884L109	498,725	10,816	SH		DFND		10,816	0	0
Erasca Inc	Common Stock	29479A108	37,243	14,838	SH		SOLE		14,838	0	0
Eaton Corp PLC	Common Stock	G29183103	351,118	1,058	SH		SOLE		1,058	0	0
Edwards Lifesciences Corp	Common Stock	28176E108	432,779	5,846	SH		SOLE		5,846	0	0
iShares MSCI Japan ETF	ETP	46434G822	241,694	3,602	SH		SOLE		3,602	0	0
Exact Sciences Corp	Common Stock	30063P105	848,806	15,106	SH		SOLE		15,106	0	0
Exelon Corp	Common Stock	30161N101	537,837	14,289	SH		DFND		14,289	0	0
Expand Energy Corp	Common Stock	165167735	568,131	5,707	SH		DFND		5,707	0	0
Exelixis Inc	Common Stock	30161Q104	501,331	15,055	SH		SOLE		15,055	0	0
Ford Motor Co	Common Stock	345370860	101,059	10,208	SH		SOLE		10,208	0	0
Diamondback Energy Inc	Common Stock	25278X109	649,422	3,964	SH		DFND		3,964	0	0
Fastenal Co	Common Stock	311900104	592,178	8,235	SH		DFND		8,235	0	0
Fate Therapeutics Inc	Common Stock	31189P102	560,990	339,994	SH		SOLE		339,994	0	0
F5 Inc	Common Stock	315616102	296,735	1,180	SH		SOLE		1,180	0	0
Fiserv Inc	Common Stock	337738108	289,231	1,408	SH		SOLE		1,408	0	0
Fair Isaac Corp	Common Stock	303250104	1,797,810	903	SH		SOLE		903	0	0
Amicus Therapeutics Inc	Common Stock	03152W109	223,207	23,695	SH		SOLE		23,695	0	0
First Solar Inc	Common Stock	336433107	382,265	2,169	SH		SOLE		2,169	0	0
Fortinet Inc	Common Stock	34959E109	2,094,716	22,171	SH		DFND		22,171	0	0
Futu Holdings Ltd	ADR	36118L106	26,536,602	331,749	SH		DFND		331,749	0	0
GoDaddy Inc	Common Stock	380237107	559,741	2,836	SH		SOLE		2,836	0	0
VanEck Gold Miners ETF/USA	ETP	92189F106	1,547,076	45,623	SH		SOLE		45,623	0	0
General Electric Co	Common Stock	369604301	2,889,303	17,323	SH		DFND		17,323	0	0
GE HealthCare Technologies Inc	Common Stock	36266G107	822,922	10,526	SH		DFND		10,526	0	0
Gen Digital Inc	Common Stock	668771108	301,399	11,008	SH		SOLE		11,008	0	0
Geron Corp	Common Stock	374163103	302,808	85,539	SH		SOLE		85,539	0	0
GE Vernova Inc	Common Stock	36828A101	1,628,861	4,952	SH		DFND		4,952	0	0
GLOBALFOUNDRIES Inc	Common Stock	G39387108	281,532	6,561	SH		DFND		6,561	0	0
Gilead Sciences Inc	Common Stock	375558103	2,934,964	31,774	SH		DFND		31,774	0	0
SPDR Gold Shares	ETP	78463V107	2,183,044	9,016	SH		SOLE		9,016	0	0
SPDR Gold MiniShares Trust	ETP	98149E303	3,286,132	63,207	SH		SOLE		63,207	0	0
Corning Inc	Common Stock	219350105	761,460	16,024	SH		SOLE		16,024	0	0
Alphabet Inc	Common Stock	02079K107	16,214,251	85,141	SH		DFND		85,141	0	0
Alphabet Inc	Common Stock	02079K305	18,566,165	98,078	SH		DFND		98,078	0	0
Goldman Sachs Group Inc/The	Common Stock	38141G104	1,960,651	3,424	SH		SOLE		3,424	0	0
Halozyme Therapeutics Inc	Common Stock	40637H109	735,605	15,386	SH		SOLE		15,386	0	0
HCA Healthcare Inc	Common Stock	40412C101	447,824	1,492	SH		SOLE		1,492	0	0
Home Depot Inc/The	Common Stock	437076102	4,280,057	11,003	SH		DFND		11,003	0	0
HEICO Corp	Common Stock	422806109	427,932	1,800	SH		SOLE		1,800	0	0
Himax Technologies Inc	ADR	43289P106	455,216	56,619	SH		DFND		56,619	0	0
Hilton Worldwide Holdings Inc	Common Stock	43300A203	2,139,911	8,658	SH		DFND		8,658	0	0
Hologic Inc	Common Stock	436440101	361,748	5,018	SH		SOLE		5,018	0	0
Honeywell International Inc	Common Stock	438516106	2,101,680	9,304	SH		DFND		9,304	0	0
Hewlett Packard Enterprise Co	Common Stock	42824C109	558,174	26,144	SH		SOLE		26,144	0	0
HP Inc	Common Stock	40434L105	648,619	19,878	SH		SOLE		19,878	0	0
Henry Schein Inc	Common Stock	806407102	321,918	4,652	SH		SOLE		4,652	0	0
H World Group Ltd	ADR	44332N106	3,918,712	118,641	SH		SOLE		118,641	0	0
Humana Inc	Common Stock	444859102	367,880	1,450	SH		SOLE		1,450	0	0
Humacyte Inc	Common Stock	44486Q103	82,542	16,345	SH		SOLE		16,345	0	0
HUYA Inc	ADR	44852D108	370,723	120,757	SH		SOLE		120,757	0	0
Howmet Aerospace Inc	Common Stock	443201108	999,423	9,138	SH		DFND		9,138	0	0
iShares Gold Trust	ETP	464285204	3,330,686	67,273	SH		SOLE		67,273	0	0
International Business Machine	Common Stock	459200101	5,906,832	26,870	SH		SOLE		26,870	0	0
ImmunityBio Inc	Common Stock	45256X103	99,584	38,900	SH		SOLE		38,900	0	0
Intercontinental Exchange Inc	Common Stock	45866F104	214,425	1,439	SH		SOLE		1,439	0	0
IDEXX Laboratories Inc	Common Stock	45168D104	854,580	2,067	SH		DFND		2,067	0	0
Ideaya Biosciences Inc	Common Stock	45166A102	214,955	8,364	SH		SOLE		8,364	0	0
Immunovant Inc	Common Stock	45258J102	204,352	8,250	SH		SOLE		8,250	0	0
Incyte Corp	Common Stock	45337C102	1,255,485	18,177	SH		SOLE		18,177	0	0
Insmed Inc	Common Stock	457669307	887,716	12,858	SH		SOLE		12,858	0	0
Intel Corp	Common Stock	458140100	2,813,937	140,346	SH		DFND		140,346	0	0
Intuit Inc	Common Stock	461202103	7,215,808	11,481	SH		DFND		11,481	0	0
Ionis Pharmaceuticals Inc	Common Stock	462222100	589,705	16,868	SH		SOLE		16,868	0	0
Iovance Biotherapeutics Inc	Common Stock	462260100	291,849	39,439	SH		SOLE		39,439	0	0
iQIYI Inc	ADR	46267X108	5,362,194	2,667,758	SH		SOLE		2,667,758	0	0
IQVIA Holdings Inc	Common Stock	46266C105	397,736	2,024	SH		SOLE		2,024	0	0
Ironwood Pharmaceuticals Inc	Common Stock	46333X108	74,185	16,746	SH		SOLE		16,746	0	0
Intuitive Surgical Inc	Common Stock	46120E602	4,540,007	8,698	SH		DFND		8,698	0	0
Gartner Inc	Common Stock	366651107	1,322,118	2,729	SH		DFND		2,729	0	0
iShares Core S&P 500 ETF	ETP	464287200	16,353,530	27,780	SH		SOLE		27,780	0	0
Janux Therapeutics Inc	Common Stock	47103J105	3,456,971	64,568	SH		SOLE		64,568	0	0
Jabil Inc	Common Stock	466313103	333,560	2,318	SH		SOLE		2,318	0	0
Johnson & Johnson	Common Stock	478160104	4,103,737	28,376	SH		SOLE		28,376	0	0
Juniper Networks Inc	Common Stock	48203R104	251,027	6,703	SH		SOLE		6,703	0	0
JPMorgan Chase & Co	Common Stock	46625H100	8,088,054	33,741	SH		DFND		33,741	0	0
Keurig Dr Pepper Inc	Common Stock	49271V100	606,747	18,890	SH		DFND		18,890	0	0
Keysight Technologies Inc	Common Stock	49338L103	567,827	3,535	SH		SOLE		3,535	0	0
Kraft Heinz Co/The	Common Stock	500754106	504,503	16,428	SH		DFND		16,428	0	0
KKR & Co Inc	Common Stock	48251W104	247,158	1,671	SH		SOLE		1,671	0	0
KLA Corp	Common Stock	482480100	24,792,071	39,345	SH		DFND		39,345	0	0
Coca-Cola Co/The	Common Stock	191216100	2,734,397	43,919	SH		SOLE		43,919	0	0
Krystal Biotech Inc	Common Stock	501147102	302,980	1,934	SH		SOLE		1,934	0	0
Kura Oncology Inc	Common Stock	50127T109	89,722	10,301	SH		SOLE		10,301	0	0
Kymera Therapeutics Inc	Common Stock	501575104	2,698,146	67,068	SH		SOLE		67,068	0	0
Legend Biotech Corp	ADR	52490G102	3,687,498	113,322	SH		DFND		113,322	0	0
Labcorp Holdings Inc	Common Stock	504922105	377,002	1,644	SH		SOLE		1,644	0	0
Linde PLC	Common Stock	G54950103	4,522,473	10,802	SH		SOLE		10,802	0	0
Eli Lilly & Co	Common Stock	532457108	7,156,440	9,270	SH		DFND		9,270	0	0
Lockheed Martin Corp	Common Stock	539830109	253,661	522	SH		SOLE		522	0	0
Lowe's Cos Inc	Common Stock	548661107	339,597	1,376	SH		SOLE		1,376	0	0
Lam Research Corp	Common Stock	512807306	3,028,892	41,934	SH		DFND		41,934	0	0
Lululemon Athletica Inc	Common Stock	550021109	634,036	1,658	SH		DFND		1,658	0	0
Las Vegas Sands Corp	Common Stock	517834107	287,359	5,595	SH		SOLE		5,595	0	0
LexinFintech Holdings Ltd	ADR	528877103	445,440	76,800	SH		SOLE		76,800	0	0
Mastercard Inc	Common Stock	57636Q104	6,308,308	11,980	SH		DFND		11,980	0	0
Marriott International Inc/MD	Common Stock	571903202	4,018,967	14,408	SH		DFND		14,408	0	0
McDonald's Corp	Common Stock	580135101	2,257,373	7,787	SH		SOLE		7,787	0	0
Microchip Technology Inc	Common Stock	595017104	997,202	17,388	SH		DFND		17,388	0	0
McKesson Corp	Common Stock	58155Q103	499,811	877	SH		SOLE		877	0	0
Moody's Corp	Common Stock	615369105	714,315	1,509	SH		DFND		1,509	0	0
MongoDB Inc	Common Stock	60937P106	204,406	878	SH		DFND		878	0	0
Madrigal Pharmaceuticals Inc	Common Stock	558868105	726,682	2,355	SH		SOLE		2,355	0	0
Mondelez International Inc	Common Stock	609207105	1,152,908	19,302	SH		DFND		19,302	0	0
Medtronic PLC	Common Stock	G5960L103	569,704	7,132	SH		SOLE		7,132	0	0
MercadoLibre Inc	Common Stock	58733R102	1,025,365	603	SH		DFND		603	0	0
Meta Platforms Inc	Common Stock	30303M102	22,666,848	38,713	SH		DFND		38,713	0	0
Marsh & McLennan Cos Inc	Common Stock	571748102	258,291	1,216	SH		SOLE		1,216	0	0
MakeMyTrip Ltd	Common Stock	V5633W109	353,233	3,146	SH		SOLE		3,146	0	0
MannKind Corp	Common Stock	56400P706	141,711	22,039	SH		SOLE		22,039	0	0
Monster Beverage Corp	Common Stock	61174X109	1,263,700	24,043	SH		DFND		24,043	0	0
Altria Group Inc	Common Stock	02209S103	219,357	4,195	SH		SOLE		4,195	0	0
Molina Healthcare Inc	Common Stock	60855R100	364,104	1,251	SH		SOLE		1,251	0	0
Hello Group Inc	ADR	423403104	190,267	24,678	SH		SOLE		24,678	0	0
Monolithic Power Systems Inc	Common Stock	609839105	580,458	981	SH		SOLE		981	0	0
Merck & Co Inc	Common Stock	58933Y105	3,063,885	30,799	SH		SOLE		30,799	0	0
Moderna Inc	Common Stock	60770K107	1,272,015	30,592	SH		SOLE		30,592	0	0
Marvell Technology Inc	Common Stock	573874104	4,286,233	38,807	SH		DFND		38,807	0	0
Morgan Stanley	Common Stock	617446448	386,086	3,071	SH		SOLE		3,071	0	0
MSCI Inc	Common Stock	55354G100	1,938,032	3,230	SH		DFND		3,230	0	0
Microsoft Corp	Common Stock	594918104	138,504,478	328,599	SH		DFND		328,599	0	0
Motorola Solutions Inc	Common Stock	620076307	2,410,067	5,214	SH		DFND		5,214	0	0
MicroStrategy Inc	Common Stock	594972408	629,344	2,173	SH		DFND		2,173	0	0
Mettler-Toledo International I	Common Stock	592688105	375,670	307	SH		SOLE		307	0	0
Micron Technology Inc	Common Stock	595112103	3,061,572	36,378	SH		DFND		36,378	0	0
Myriad Genetics Inc	Common Stock	62855J104	161,120	11,752	SH		SOLE		11,752	0	0
Neurocrine Biosciences Inc	Common Stock	64125C109	1,015,696	7,441	SH		SOLE		7,441	0	0
NextEra Energy Inc	Common Stock	65339F101	357,518	4,987	SH		SOLE		4,987	0	0
Cloudflare Inc	Common Stock	18915M107	276,630	2,569	SH		SOLE		2,569	0	0
Netflix Inc	Common Stock	64110L106	9,337,468	10,476	SH		DFND		10,476	0	0
NIKE Inc	Common Stock	654106103	222,999	2,947	SH		SOLE		2,947	0	0
ServiceNow Inc	Common Stock	81762P102	11,256,354	10,618	SH		DFND		10,618	0	0
NetApp Inc	Common Stock	64110D104	480,919	4,143	SH		SOLE		4,143	0	0
Intellia Therapeutics Inc	Common Stock	45826J105	210,498	18,053	SH		SOLE		18,053	0	0
Natera Inc	Common Stock	632307104	903,735	5,709	SH		SOLE		5,709	0	0
Nuvalent Inc	Common Stock	670703107	329,794	4,213	SH		SOLE		4,213	0	0
Novavax Inc	Common Stock	670002401	203,734	25,340	SH		SOLE		25,340	0	0
NVIDIA Corp	Common Stock	67066G104	118,949,247	885,764	SH		DFND		885,764	0	0
NXP Semiconductors NV	Common Stock	N6596X109	1,714,763	8,250	SH		SOLE		8,250	0	0
Old Dominion Freight Line Inc	Common Stock	679580100	523,732	2,969	SH		DFND		2,969	0	0
ON Semiconductor Corp	Common Stock	682189105	862,523	13,680	SH		DFND		13,680	0	0
On Holding AG	Common Stock	H5919C104	1,051,201	19,193	SH		SOLE		19,193	0	0
Oracle Corp	Common Stock	68389X105	7,901,736	47,418	SH		SOLE		47,418	0	0
O'Reilly Automotive Inc	Common Stock	67103H107	983,028	829	SH		DFND		829	0	0
Palo Alto Networks Inc	Common Stock	697435105	3,971,459	21,826	SH		DFND		21,826	0	0
Paychex Inc	Common Stock	704326107	710,214	5,065	SH		DFND		5,065	0	0
PACCAR Inc	Common Stock	693718108	777,029	7,470	SH		DFND		7,470	0	0
Vaxcyte Inc	Common Stock	92243G108	857,811	10,479	SH		SOLE		10,479	0	0
PDD Holdings Inc	ADR	722304102	414,812,748	4,276,861	SH		DFND		4,276,861	0	0
PepsiCo Inc	Common Stock	713448108	4,744,271	31,200	SH		DFND		31,200	0	0
Pfizer Inc	Common Stock	717081103	709,598	26,747	SH		SOLE		26,747	0	0
Procter & Gamble Co/The	Common Stock	742718109	4,314,976	25,738	SH		SOLE		25,738	0	0
Progressive Corp/The	Common Stock	743315103	407,816	1,702	SH		DFND		1,702	0	0
Parker-Hannifin Corp	Common Stock	701094104	203,530	320	SH		SOLE		320	0	0
Prologis Inc	REIT	74340W103	242,370	2,293	SH		SOLE		2,293	0	0
Palantir Technologies Inc	Common Stock	69608A108	5,152,898	68,133	SH		DFND		68,133	0	0
Philip Morris International In	Common Stock	718172109	2,031,749	16,882	SH		SOLE		16,882	0	0
Insulet Corp	Common Stock	45784P101	354,794	1,359	SH		SOLE		1,359	0	0
PTC Inc	Common Stock	69370C100	441,104	2,399	SH		SOLE		2,399	0	0
PTC Therapeutics Inc	Common Stock	69366J200	249,173	5,520	SH		SOLE		5,520	0	0
Protagonist Therapeutics Inc	Common Stock	74366E102	2,936,958	76,087	SH		SOLE		76,087	0	0
PayPal Holdings Inc	Common Stock	70450Y103	1,224,345	14,345	SH		DFND		14,345	0	0
QUALCOMM Inc	Common Stock	747525103	6,996,776	45,546	SH		DFND		45,546	0	0
Qifu Technology Inc	ADR	88557W101	30,210,663	787,146	SH		DFND		787,146	0	0
Ultragenyx Pharmaceutical Inc	Common Stock	90400D108	302,904	7,200	SH		SOLE		7,200	0	0
Rocket Pharmaceuticals Inc	Common Stock	77313F106	138,949	11,054	SH		SOLE		11,054	0	0
Royal Caribbean Cruises Ltd	Common Stock	V7780T103	2,020,844	8,760	SH		SOLE		8,760	0	0
Regeneron Pharmaceuticals Inc	Common Stock	75886F107	2,278,030	3,198	SH		DFND		3,198	0	0
RH	Common Stock	74967X103	307,000	780	SH		SOLE		780	0	0
iShares MSCI Global Gold Miner	ETP	46434G855	3,027,559	107,704	SH		SOLE		107,704	0	0
Ralph Lauren Corp	Common Stock	751212101	494,990	2,143	SH		SOLE		2,143	0	0
Relay Therapeutics Inc	Common Stock	75943R102	72,734	17,654	SH		SOLE		17,654	0	0
ResMed Inc	Common Stock	761152107	382,370	1,672	SH		SOLE		1,672	0	0
Avidity Biosciences Inc	Common Stock	05370A108	365,797	12,579	SH		SOLE		12,579	0	0
Roivant Sciences Ltd	Common Stock	G76279101	599,154	50,647	SH		SOLE		50,647	0	0
Roper Technologies Inc	Common Stock	776696106	1,845,987	3,551	SH		DFND		3,551	0	0
Ross Stores Inc	Common Stock	778296103	1,022,585	6,760	SH		DFND		6,760	0	0
RTX Corp	Common Stock	75513E101	373,544	3,228	SH		SOLE		3,228	0	0
Revolution Medicines Inc	Common Stock	76155X100	3,118,093	71,287	SH		SOLE		71,287	0	0
Revvity Inc	Common Stock	714046109	353,357	3,166	SH		SOLE		3,166	0	0
Recursion Pharmaceuticals Inc	Common Stock	75629V104	286,090	42,321	SH		SOLE		42,321	0	0
Sana Biotechnology Inc	Common Stock	799566104	36,189	22,202	SH		SOLE		22,202	0	0
Starbucks Corp	Common Stock	855244109	1,485,458	16,279	SH		DFND		16,279	0	0
Charles Schwab Corp/The	Common Stock	808513105	273,837	3,700	SH		SOLE		3,700	0	0
Scilex Holding Co	Common Stock	80880W106	13,402	31,431	SH		SOLE		31,431	0	0
Sangamo Therapeutics Inc	Common Stock	800677106	25,350	24,853	SH		SOLE		24,853	0	0
Sherwin-Williams Co/The	Common Stock	824348106	241,690	711	SH		SOLE		711	0	0
Soleno Therapeutics Inc	Common Stock	834203309	211,400	4,703	SH		SOLE		4,703	0	0
Super Micro Computer Inc	Common Stock	86800U302	307,391	10,085	SH		SOLE		10,085	0	0
Summit Therapeutics Inc	Common Stock	86627T108	5,287,456	296,299	SH		SOLE		296,299	0	0
Syndax Pharmaceuticals Inc	Common Stock	87164F105	166,612	12,603	SH		SOLE		12,603	0	0
Snowflake Inc	Common Stock	833445109	590,001	3,821	SH		SOLE		3,821	0	0
Synopsys Inc	Common Stock	871607107	3,722,225	7,669	SH		DFND		7,669	0	0
Southern Co/The	Common Stock	842587107	223,252	2,712	SH		SOLE		2,712	0	0
Sohu.com Ltd	ADR	83410S108	600,467	45,559	SH		SOLE		45,559	0	0
Solventum Corp	Common Stock	83444M101	334,462	5,063	SH		SOLE		5,063	0	0
S&P Global Inc	Common Stock	78409V104	906,912	1,821	SH		DFND		1,821	0	0
SPDR Portfolio Long Term Treas	ETP	78464A664	1,862,737	71,124	SH		SOLE		71,124	0	0
SPDR S&P 500 ETF Trust	ETP	78462F103	10,534,201	17,974	SH		SOLE		17,974	0	0
Sarepta Therapeutics Inc	Common Stock	803607100	925,178	7,609	SH		SOLE		7,609	0	0
Scholar Rock Holding Corp	Common Stock	80706P103	238,747	5,524	SH		SOLE		5,524	0	0
STAAR Surgical Co	Common Stock	852312305	1,686,479	69,431	SH		SOLE		69,431	0	0
STERIS PLC	Common Stock	G8473T100	372,269	1,811	SH		SOLE		1,811	0	0
Seagate Technology Holdings PL	Common Stock	G7997R103	370,097	4,288	SH		SOLE		4,288	0	0
Savara Inc	Common Stock	805111101	31,925	10,399	SH		SOLE		10,399	0	0
Skyworks Solutions Inc	Common Stock	83088M102	288,653	3,255	SH		SOLE		3,255	0	0
SpringWorks Therapeutics Inc	Common Stock	85205L107	315,704	8,738	SH		SOLE		8,738	0	0
Stryker Corp	Common Stock	863667101	613,525	1,704	SH		SOLE		1,704	0	0
AT&T Inc	Common Stock	00206R102	404,418	17,761	SH		SOLE		17,761	0	0
TAL Education Group	ADR	874080104	24,846,884	2,479,729	SH		DFND		2,479,729	0	0
Trip.com Group Ltd	ADR	89677Q107	1,298,360	18,910	SH		DFND		18,910	0	0
Teledyne Technologies Inc	Common Stock	879360105	446,957	963	SH		SOLE		963	0	0
Atlassian Corp	Common Stock	049468101	466,316	1,916	SH		DFND		1,916	0	0
Bio-Techne Corp	Common Stock	09073M104	334,291	4,641	SH		SOLE		4,641	0	0
TE Connectivity PLC	Common Stock	G87052109	874,547	6,117	SH		SOLE		6,117	0	0
Teradyne Inc	Common Stock	880770102	2,975,490	23,630	SH		DFND		23,630	0	0
Teleflex Inc	Common Stock	879369106	345,281	1,940	SH		SOLE		1,940	0	0
TG Therapeutics Inc	Common Stock	88322Q108	708,975	23,554	SH		SOLE		23,554	0	0
TJX Cos Inc/The	Common Stock	872540109	938,935	7,772	SH		DFND		7,772	0	0
iShares TR	ETP	464287432	4,081,542	46,737	SH		SOLE		46,737	0	0
Tencent Music Entertainment Gr	ADR	88034P109	41,062,586	3,617,849	SH		DFND		3,617,849	0	0
Thermo Fisher Scientific Inc	Common Stock	883556102	2,554,329	4,910	SH		SOLE		4,910	0	0
T-Mobile US Inc	Common Stock	872590104	3,310,066	14,996	SH		DFND		14,996	0	0
Toll Brothers Inc	Common Stock	889478103	599,270	4,758	SH		SOLE		4,758	0	0
Tapestry Inc	Common Stock	876030107	832,566	12,744	SH		SOLE		12,744	0	0
Trimble Inc	Common Stock	896239100	350,686	4,963	SH		SOLE		4,963	0	0
Taysha Gene Therapies Inc	Common Stock	877619106	30,870	17,844	SH		SOLE		17,844	0	0
Tesla Inc	Common Stock	88160R101	25,983,065	64,340	SH		DFND		64,340	0	0
Taiwan Semiconductor Manufactu	ADR	874039100	57,080,139	289,028	SH		DFND		289,028	0	0
Trane Technologies PLC	Common Stock	G8994E103	205,728	557	SH		SOLE		557	0	0
Trade Desk Inc/The	Common Stock	88339J105	747,843	6,363	SH		DFND		6,363	0	0
Take-Two Interactive Software	Common Stock	874054109	453,757	2,465	SH		DFND		2,465	0	0
Travere Therapeutics Inc	Common Stock	89422G107	217,419	12,481	SH		SOLE		12,481	0	0
Twist Bioscience Corp	Common Stock	90184D100	308,236	6,633	SH		SOLE		6,633	0	0
Texas Instruments Inc	Common Stock	882508104	6,990,935	37,283	SH		DFND		37,283	0	0
Tyler Technologies Inc	Common Stock	902252105	501,677	870	SH		SOLE		870	0	0
Uber Technologies Inc	Common Stock	90353T100	307,994	5,106	SH		SOLE		5,106	0	0
Universal Health Services Inc	Common Stock	913903100	338,566	1,887	SH		SOLE		1,887	0	0
UnitedHealth Group Inc	Common Stock	91324P102	5,379,315	10,634	SH		SOLE		10,634	0	0
Union Pacific Corp	Common Stock	907818108	335,219	1,470	SH		SOLE		1,470	0	0
United Parcel Service Inc	Common Stock	911312106	228,241	1,810	SH		SOLE		1,810	0	0
United Therapeutics Corp	Common Stock	91307C102	929,733	2,635	SH		SOLE		2,635	0	0
Visa Inc	Common Stock	92826C839	5,872,023	18,580	SH		SOLE		18,580	0	0
Veracyte Inc	Common Stock	92337F107	253,123	6,392	SH		SOLE		6,392	0	0
Vera Therapeutics Inc	Common Stock	92337R101	262,325	6,203	SH		SOLE		6,203	0	0
Vanguard Long-Term Treasury ET	ETP	92206C847	1,862,416	33,648	SH		SOLE		33,648	0	0
Vipshop Holdings Ltd	ADR	92763W103	25,106,692	1,863,897	SH		DFND		1,863,897	0	0
Viking Therapeutics Inc	Common Stock	92686J106	775,505	19,272	SH		SOLE		19,272	0	0
Vanguard S&P 500 ETF	ETP	922908363	488,161	906	SH		SOLE		906	0	0
Viridian Therapeutics Inc	Common Stock	92790C104	234,564	12,236	SH		SOLE		12,236	0	0
Verisk Analytics Inc	Common Stock	92345Y106	553,889	2,011	SH		DFND		2,011	0	0
VeriSign Inc	Common Stock	92343E102	450,344	2,176	SH		DFND		2,176	0	0
Vertex Pharmaceuticals Inc	Common Stock	92532F100	2,591,776	6,436	SH		DFND		6,436	0	0
Vistra Corp	Common Stock	92840M102	755,941	5,483	SH		SOLE		5,483	0	0
Viatris Inc	Common Stock	92556V106	355,410	28,547	SH		SOLE		28,547	0	0
Verizon Communications Inc	Common Stock	92343V104	1,827,823	45,707	SH		SOLE		45,707	0	0
Waters Corp	Common Stock	941848103	369,496	996	SH		SOLE		996	0	0
Weibo Corp	ADR	948596101	4,375,867	458,206	SH		DFND		458,206	0	0
Warner Bros Discovery Inc	Common Stock	934423104	365,056	34,537	SH		DFND		34,537	0	0
Workday Inc	Common Stock	98138H101	1,775,246	6,880	SH		DFND		6,880	0	0
Western Digital Corp	Common Stock	958102105	418,126	7,012	SH		SOLE		7,012	0	0
Wells Fargo & Co	Common Stock	949746101	2,617,915	37,271	SH		DFND		37,271	0	0
Walmart Inc	Common Stock	931142103	5,512,976	61,018	SH		DFND		61,018	0	0
Williams-Sonoma Inc	Common Stock	969904101	944,048	5,098	SH		SOLE		5,098	0	0
West Pharmaceutical Services I	Common Stock	955306105	391,434	1,195	SH		SOLE		1,195	0	0
Xcel Energy Inc	Common Stock	98389B100	553,461	8,197	SH		DFND		8,197	0	0
Exxon Mobil Corp	Common Stock	30231G102	5,176,484	48,122	SH		SOLE		48,122	0	0
Full Truck Alliance Co Ltd	ADR	35969L108	52,424,166	4,845,117	SH		SOLE		4,845,117	0	0
Yum China Holdings Inc	Common Stock	98850P109	10,729,530	222,743	SH		SOLE		222,743	0	0
JOYY Inc	ADR	46591M109	6,557,392	156,688	SH		DFND		156,688	0	0
Zimmer Biomet Holdings Inc	Common Stock	98956P102	372,874	3,530	SH		SOLE		3,530	0	0
Zebra Technologies Corp	Common Stock	989207105	409,779	1,061	SH		SOLE		1,061	0	0
Zhihu Inc	ADR	98955N207	534,001	150,848	SH		SOLE		150,848	0	0
Zscaler Inc	Common Stock	98980G102	327,985	1,818	SH		DFND		1,818	0	0
Zoetis Inc	Common Stock	98978V103	479,992	2,946	SH		SOLE		2,946	0	0