| 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 | $155,564,138 | 890,923,410 | DFND | ||
| BANK AMER CORP | COM | 60505104 | $41,636,348 | 1,010,100,606 | DFND | ||
| AMERICAN EXPRESS CO | COM | 25816109 | $28,351,201 | 151,610,700 | DFND | ||
| CHEVRON CORP NEW | COM | 166764100 | $25,918,973 | 159,178,117 | DFND | ||
| COCA COLA CO | COM | 191216100 | $24,799,999 | 400,000,000 | DFND | ||
| KRAFT HEINZ CO | COM | 500754106 | $12,826,755 | 325,634,818 | DFND | ||
| MOODYS CORP | COM | 615369105 | $8,323,829 | 24,669,778 | DFND | ||
| OCCIDENTAL PETE CORP | COM | 674599105 | $7,737,804 | 136,373,000 | DFND | ||
| US BANCORP DEL | COM NEW | 902973304 | $6,719,111 | 126,417,887 | DFND | ||
| ACTIVISION BLIZZARD INC | COM | 00507V109 | $5,152,292 | 64,315,222 | DFND | ||
| DAVITA INC | COM | 23918K108 | $4,082,770 | 36,095,570 | DFND | ||
| HP INC | COM | 40434L105 | $3,792,480 | 104,476,035 | DFND | ||
| BANK OF NEW YORK MELLON CORP | COM | 64058100 | $3,591,100 | 72,357,453 | DFND | ||
| KROGER CO | COM | 501044101 | $3,326,615 | 57,985,263 | DFND | ||
| CITIGROUP INC | COM NEW | 172967424 | $2,945,319 | 55,155,797 | DFND | ||
| VERISIGN INC | COM | 92343E102 | $2,850,961 | 12,815,613 | DFND | ||
| GENERAL MTRS CO | COM | 37045V100 | $2,713,886 | 62,045,847 | DFND | ||
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 | $2,606,915 | 68,947,760 | DFND | ||
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | $2,088,764 | 3,828,941 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 | $1,975,915 | 43,208,291 | DFND | ||
| VISA INC | COM CL A | 92826C839 | $1,840,128 | 8,297,460 | DFND | ||
| AMAZON COM INC | COM | 23135106 | $1,738,531 | 533,300 | DFND | ||
| AON PLC | SHS CL A | G0403H108 | $1,431,470 | 4,396,000 | DFND | ||
| MASTERCARD INC | CL A | 57636Q104 | $1,424,748 | 3,986,648 | DFND | ||
| SNOWFLAKE INC | CL A | 833445109 | $1,403,507 | 6,125,376 | DFND | ||
| CELANESE CORP DEL | COM | 150870103 | $1,125,958 | 7,880,998 | DFND | ||
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 | $923,692 | 20,207,680 | DFND | ||
| MCKESSON CORP | COM | 58155Q103 | $894,504 | 2,921,975 | DFND | ||
| NU HLDGS LTD | ORD SHS CL A | G6693N103 | $826,957 | 107,118,784 | DFND | ||
| RH | COM | 74967X103 | $707,615 | 2,170,000 | DFND | ||
| T-MOBILE US INC | COM | 872590104 | $672,811 | 5,242,000 | DFND | ||
| GLOBE LIFE INC | COM | 37959E102 | $639,185 | 6,353,727 | DFND | ||
| MARKEL CORP | COM | 570535104 | $620,034 | 420,293 | DFND | ||
| LIBERTY MEDIA CORP DEL | COM SER C FRMLA | 531229854 | $539,336 | 7,722,451 | DFND | ||
| STORE CAP CORP | COM | 862121100 | $431,283 | 14,754,811 | DFND | ||
| ALLY FINL INC | COM | 02005N100 | $389,990 | 8,969,420 | DFND | ||
| FLOOR & DECOR HLDGS INC | CL A | 339750101 | $387,180 | 4,780,000 | DFND | ||
| STONECO LTD | COM CL A | G85158106 | $125,137 | 10,695,448 | DFND | ||
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | $70,303 | 1,380,111 | DFND | ||
| MARSH & MCLENNAN COS INC | COM | 571748102 | $69,005 | 404,911 | DFND | ||
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 | $58,299 | 1,496,372 | DFND | ||
| JOHNSON & JOHNSON | COM | 478160104 | $57,972 | 327,100 | DFND | ||
| PROCTER & GAMBLE CO | COM | 742718109 | $48,193 | 315,400 | DFND | ||
| MONDELEZ INTL INC | CL A | 609207105 | $36,287 | 578,000 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 | $25,518 | 2,630,792 | DFND | ||
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | $17,852 | 43,000 | DFND | ||
| SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | $17,795 | 39,400 | DFND | ||
| UNITED PARCEL SERVICE INC | CL B | 911312106 | $12,739 | 59,400 | DFND | ||
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 | $12,314 | 1,284,020 | DFND |