| Quarter | Filling ID |
|---|---|
| Q2 25 | 0002002654-25-000004 |
| Q1 25 | 0002002654-25-000003 |
| Q4 24 | 0002002654-25-000001 |
| Q3 24 | 0002002654-24-000005 |
| Q2 24 | 0002002654-24-000004 |
| Q1 24 | 0002002654-24-000002 |
| Q4 23 | 0002002654-24-000001 |
| Q3 23 | 0002002654-23-000008 |
| Q2 23 | 0002002654-23-000007 |
| Q1 23 | 0002002654-23-000006 |
| Q4 22 | 0002002654-23-000005 |
| Q3 22 | 0002002654-23-000004 |
| Q2 22 | 0002002654-23-000003 |
| Q1 22 | 0002002654-23-000002 |
| Q4 21 | 0002002654-23-000001 |
| Name | Title | CUSIP | Value | Shares | Share Price | Investment | % of Portfolio |
|---|---|---|---|---|---|---|---|
| APPLE INC | COM | 37833100 | $46,639,553 | 251,955,877 | DFND | ||
| WELLS FARGO & CO NEW | COM | 949746101 | $25,059,643 | 452,013,758 | DFND | ||
| KRAFT HEINZ CO | COM | 500754106 | $20,456,379 | 325,634,818 | DFND | ||
| BANK AMER CORP | COM | 60505104 | $19,141,009 | 679,000,000 | DFND | ||
| COCA COLA CO | COM | 191216100 | $17,544,001 | 400,000,000 | DFND | ||
| AMERICAN EXPRESS CO | COM | 25816109 | $14,857,849 | 151,610,700 | DFND | ||
| US BANCORP DEL | COM NEW | 902973304 | $5,036,709 | 100,693,874 | DFND | ||
| MOODYS CORP | COM | 615369105 | $4,207,677 | 24,669,778 | DFND | ||
| PHILLIPS 66 | COM | 718546104 | $3,900,471 | 34,729,514 | DFND | ||
| BANK OF NEW YORK MELLON CORP | COM | 64058100 | $3,494,685 | 64,800,376 | DFND | ||
| DELTA AIR LINES INC DEL | COM NEW | 247361702 | $3,154,005 | 63,665,840 | DFND | ||
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | $2,923,543 | 13,254,490 | DFND | ||
| SOUTHWEST AIRLS CO | COM | 844741108 | $2,877,132 | 56,547,399 | DFND | ||
| DAVITA HEALTHCARE PARTNERS I | COM | 23918K108 | $2,677,993 | 38,565,570 | DFND | ||
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | $2,200,303 | 7,504,185 | DFND | ||
| GENERAL MTRS CO | COM | 37045V100 | $2,024,908 | 51,393,611 | DFND | ||
| UNITED CONTL HLDGS INC | COM | 910047109 | $1,860,714 | 26,684,542 | DFND | ||
| VERISIGN INC | COM | 92343E102 | $1,779,966 | 12,952,745 | DFND | ||
| AMERICAN AIRLS GROUP INC | COM | 02376R102 | $1,696,812 | 44,700,000 | DFND | ||
| U S G CORP | COM NEW | 903293405 | $1,681,767 | 39,002,016 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 | $1,410,288 | 31,090,985 | DFND | ||
| VISA INC | COM CL A | 92826C839 | $1,398,998 | 10,562,460 | DFND | ||
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADR | 881624209 | $1,051,823 | 43,249,295 | DFND | ||
| MASTERCARD INC | CL A | 57636Q104 | $969,778 | 4,934,756 | DFND | ||
| SIRIUS XM HLDGS INC | COM | 82968B103 | $933,690 | 137,915,729 | DFND | ||
| M & T BK CORP | COM | 55261F104 | $915,754 | 5,382,040 | DFND | ||
| COSTCO WHSL CORP NEW | COM | 22160K105 | $905,586 | 4,333,363 | DFND | ||
| AXALTA COATING SYS LTD | COM | G0750C108 | $735,441 | 24,264,000 | DFND | ||
| SYNCHRONY FINL | COM | 87165B103 | $694,404 | 20,803,000 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 | $669,460 | 14,860,360 | DFND | ||
| LIBERTY GLOBAL PLC | SHS CL A | G5480U104 | $545,044 | 19,791,000 | DFND | ||
| TORCHMARK CORP | COM | 891027104 | $517,257 | 6,353,727 | DFND | ||
| STORE CAP CORP | COM | 862121100 | $510,234 | 18,621,674 | DFND | ||
| RESTAURANT BRANDS INTL INC | COM | 76131D103 | $508,825 | 8,438,225 | DFND | ||
| LIBERTY GLOBAL PLC | SHS CL C | G5480U120 | $195,503 | 7,346,968 | DFND | ||
| SANOFI | SPONSORED ADR | 80105N105 | $148,078 | 3,701,012 | DFND | ||
| WAL MART STORES INC | COM | 931142103 | $119,354 | 1,393,513 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 | $51,908 | 2,714,854 | DFND | ||
| JOHNSON & JOHNSON | COM | 478160104 | $39,690 | 327,100 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 | $24,884 | 1,284,020 | DFND | ||
| PROCTER & GAMBLE CO | COM | 742718109 | $24,620 | 315,400 | DFND | ||
| MONDELEZ INTL INC | CL A | 609207105 | $23,698 | 578,000 | DFND | ||
| UNITED PARCEL SERVICE INC | CL B | 911312106 | $6,310 | 59,400 | DFND | ||
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | $47 | 928 | DFND |