| 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 | $89,432,750 | 245,155,566 | DFND | ||
| BANK AMER CORP | COM | 60505104 | $21,968,954 | 925,008,600 | DFND | ||
| COCA COLA CO | COM | 191216100 | $17,871,999 | 400,000,000 | DFND | ||
| AMERICAN EXPRESS CO | COM | 25816109 | $14,433,339 | 151,610,700 | DFND | ||
| KRAFT HEINZ CO | COM | 500754106 | $10,384,494 | 325,634,818 | DFND | ||
| MOODYS CORP | COM | 615369105 | $6,777,528 | 24,669,778 | DFND | ||
| WELLS FARGO & CO NEW | COM | 949746101 | $6,082,118 | 237,582,705 | DFND | ||
| US BANCORP DEL | COM NEW | 902973304 | $4,858,836 | 131,961,832 | DFND | ||
| DAVITA HEALTHCARE PARTNERS I | COM | 23918K108 | $3,014,883 | 38,095,570 | DFND | ||
| BANK OF NEW YORK MELLON CORP | COM | 64058100 | $2,796,615 | 72,357,453 | DFND | ||
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | $2,659,074 | 5,213,461 | DFND | ||
| VERISIGN INC | COM | 92343E102 | $2,650,654 | 12,815,613 | DFND | ||
| JPMORGAN CHASE & CO | COM | 46625H100 | $2,088,925 | 22,208,427 | DFND | ||
| VISA INC | COM CL A | 92826C839 | $1,929,278 | 9,987,460 | DFND | ||
| GENERAL MTRS CO | COM | 37045V100 | $1,889,429 | 74,681,000 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 | $1,488,525 | 43,208,291 | DFND | ||
| AMAZON COM INC | COM | 23135106 | $1,471,279 | 533,300 | DFND | ||
| MASTERCARD INC | CL A | 57636Q104 | $1,349,798 | 4,564,756 | DFND | ||
| COSTCO WHSL CORP NEW | COM | 22160K105 | $1,313,919 | 4,333,363 | DFND | ||
| KROGER CO | COM | 501044101 | $742,672 | 21,940,079 | DFND | ||
| STORE CAP CORP | COM | 862121100 | $581,325 | 24,415,168 | DFND | ||
| BARRICK GOLD CORPORATION | COM | 67901108 | $563,550 | 20,918,701 | DFND | ||
| PNC FINL SVCS GROUP INC | COM | 693475105 | $562,935 | 5,350,586 | DFND | ||
| STONECO LTD | COM CL A | G85158106 | $549,103 | 14,166,748 | DFND | ||
| AXALTA COATING SYS LTD | COM | G0750C108 | $542,779 | 24,070,000 | DFND | ||
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADR | 881624209 | $527,592 | 42,789,295 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 | $512,980 | 14,860,360 | DFND | ||
| GLOBE LIFE INC | COM | 37959E102 | $471,636 | 6,353,727 | DFND | ||
| M & T BK CORP | COM | 55261F104 | $471,626 | 4,536,174 | DFND | ||
| SYNCHRONY FINL | COM | 87165B103 | $446,036 | 20,128,000 | DFND | ||
| RH | COM | 74967X103 | $425,208 | 1,708,348 | DFND | ||
| LIBERTY GLOBAL PLC | SHS CL A | G5480U104 | $422,117 | 19,310,000 | DFND | ||
| SUNCOR ENERGY INC NEW | COM | 867224107 | $323,738 | 19,201,525 | DFND | ||
| SIRIUS XM HLDGS INC | COM | 82968B103 | $293,500 | 50,000,000 | DFND | ||
| BIOGEN INC | COM | 09062X103 | $172,041 | 643,022 | DFND | ||
| LIBERTY GLOBAL PLC | SHS CL C | G5480U120 | $158,033 | 7,346,968 | DFND | ||
| JOHNSON & JOHNSON | COM | 478160104 | $46,000 | 327,100 | DFND | ||
| PROCTER & GAMBLE CO | COM | 742718109 | $37,712 | 315,400 | DFND | ||
| MONDELEZ INTL INC | CL A | 609207105 | $29,553 | 578,000 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 | $25,572 | 2,630,792 | DFND | ||
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | $12,187 | 43,000 | DFND | ||
| SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | $12,149 | 39,400 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 | $12,121 | 1,284,020 | DFND | ||
| UNITED PARCEL SERVICE INC | CL B | 911312106 | $6,604 | 59,400 | DFND |