| 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 | $71,989,933 | 245,155,566 | DFND | ||
| BANK AMER CORP | COM | 60505104 | $32,578,803 | 925,008,600 | DFND | ||
| COCA COLA CO | COM | 191216100 | $22,140,000 | 400,000,000 | DFND | ||
| AMERICAN EXPRESS CO | COM | 25816109 | $18,874,016 | 151,610,700 | DFND | ||
| WELLS FARGO & CO NEW | COM | 949746101 | $17,388,855 | 323,212,918 | DFND | ||
| KRAFT HEINZ CO | COM | 500754106 | $10,462,647 | 325,634,818 | DFND | ||
| JPMORGAN CHASE & CO | COM | 46625H100 | $8,296,382 | 59,514,932 | DFND | ||
| US BANCORP DEL | COM NEW | 902973304 | $7,853,532 | 132,459,618 | DFND | ||
| MOODYS CORP | COM | 615369105 | $5,856,852 | 24,669,778 | DFND | ||
| DELTA AIR LINES INC DEL | COM NEW | 247361702 | $4,146,844 | 70,910,456 | DFND | ||
| BANK OF NEW YORK MELLON CORP | COM | 64058100 | $4,014,575 | 79,765,057 | DFND | ||
| SOUTHWEST AIRLS CO | COM | 844741108 | $2,895,985 | 53,649,213 | DFND | ||
| DAVITA HEALTHCARE PARTNERS I | COM | 23918K108 | $2,893,575 | 38,565,570 | DFND | ||
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | $2,760,252 | 12,004,751 | DFND | ||
| GENERAL MTRS CO | COM | 37045V100 | $2,745,000 | 75,000,000 | DFND | ||
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | $2,632,339 | 5,426,609 | DFND | ||
| VERISIGN INC | COM | 92343E102 | $2,495,735 | 12,952,745 | DFND | ||
| VISA INC | COM CL A | 92826C839 | $1,984,686 | 10,562,460 | DFND | ||
| UNITED CONTL HLDGS INC | COM | 910047109 | $1,932,575 | 21,938,642 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 | $1,496,721 | 31,090,985 | DFND | ||
| MASTERCARD INC | CL A | 57636Q104 | $1,473,469 | 4,934,756 | DFND | ||
| PNC FINL SVCS GROUP INC | COM | 693475105 | $1,384,160 | 8,671,054 | DFND | ||
| COSTCO WHSL CORP NEW | COM | 22160K105 | $1,273,662 | 4,333,363 | DFND | ||
| AMERICAN AIRLS GROUP INC | COM | 02376R102 | $1,218,900 | 42,500,000 | DFND | ||
| AMAZON COM INC | COM | 23135106 | $992,844 | 537,300 | DFND | ||
| SIRIUS XM HLDGS INC | COM | 82968B103 | $974,372 | 136,275,729 | DFND | ||
| M & T BK CORP | COM | 55261F104 | $913,602 | 5,382,040 | DFND | ||
| OCCIDENTAL PETE CORP | COM | 674599105 | $780,231 | 18,933,054 | DFND | ||
| SYNCHRONY FINL | COM | 87165B103 | $749,116 | 20,803,000 | DFND | ||
| AXALTA COATING SYS LTD | COM | G0750C108 | $737,626 | 24,264,000 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 | $718,350 | 14,860,360 | DFND | ||
| STORE CAP CORP | COM | 862121100 | $693,471 | 18,621,674 | DFND | ||
| GLOBE LIFE INC | COM | 37959E102 | $668,730 | 6,353,727 | DFND | ||
| STONECO LTD | COM CL A | G85158106 | $565,112 | 14,166,748 | DFND | ||
| KROGER CO | COM | 501044101 | $549,073 | 18,940,079 | DFND | ||
| RESTAURANT BRANDS INTL INC | COM | 76131D103 | $538,106 | 8,438,225 | DFND | ||
| SUNCOR ENERGY INC NEW | COM | 867224107 | $492,624 | 15,019,031 | DFND | ||
| LIBERTY GLOBAL PLC | SHS CL A | G5480U104 | $450,047 | 19,791,000 | DFND | ||
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADR | 881624209 | $423,843 | 43,249,295 | DFND | ||
| RH | COM | 74967X103 | $364,732 | 1,708,348 | DFND | ||
| BIOGEN INC | COM | 09062X103 | $192,414 | 648,447 | DFND | ||
| LIBERTY GLOBAL PLC | SHS CL C | G5480U120 | $160,127 | 7,346,968 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 | $52,397 | 2,714,854 | DFND | ||
| JOHNSON & JOHNSON | COM | 478160104 | $47,714 | 327,100 | DFND | ||
| TRAVELERS COMPANIES INC | COM | 89417E109 | $42,780 | 312,379 | DFND | ||
| PROCTER & GAMBLE CO | COM | 742718109 | $39,393 | 315,400 | DFND | ||
| MONDELEZ INTL INC | CL A | 609207105 | $31,836 | 578,000 | DFND | ||
| PHILLIPS 66 | COM | 718546104 | $25,339 | 227,436 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 | $24,987 | 1,284,020 | DFND | ||
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | $12,719 | 43,000 | DFND |