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: July 31, 2015
Estimated average burden
hours per response: 23.8
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
ABBOTT LABS COM 002824100 18,085,250 132,970 SH DFND 1 0 0 132,970
ABBVIE INC COM 00287Y109 1,924,508 10,368 SH DFND 1 0 0 10,368
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 2,673,571 8,945 SH DFND 1 0 0 8,945
ADOBE INC COM 00724F101 2,674,501 6,913 SH DFND 1 0 0 6,913
ADVANCED MICRO DEVICES INC COM 007903107 746,962 5,264 SH DFND 1 0 0 5,264
AERCAP HOLDINGS NV SHS N00985106 8,880,768 75,904 SH DFND 1 0 0 75,904
AFLAC INC COM 001055102 1,532,967 14,536 SH DFND 1 0 0 14,536
AGILENT TECHNOLOGIES INC COM 00846U101 264,342 2,240 SH DFND 1 0 0 2,240
AGNICO EAGLE MINES LTD COM 008474108 679,538 5,700 SH DFND 1 0 0 5,700
AIRBNB INC COM CL A 009066101 2,117,440 16,000 SH DFND 1 0 0 16,000
AKAMAI TECHNOLOGIES INC COM 00971T101 265,202 3,325 SH DFND 1 0 0 3,325
ALBEMARLE CORP 7.25% DEP SHS A 012653200 304,950 9,500 SH DFND 1 0 0 9,500
ALCON AG ORD SHS H01301128 2,630,664 29,721 SH DFND 1 0 0 29,721
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 646,437 5,700 SH DFND 1 0 0 5,700
ALIGNMENT HEALTHCARE INC COM 01625V104 2,121,000 151,500 SH DFND 1 0 0 151,500
ALLIED GOLD CORP COM NEW 01921D204 268,650 20,000 SH DFND 1 0 0 20,000
ALPHABET INC CAP STK CL C 02079K107 19,267,392 108,616 SH DFND 1 0 0 108,616
ALPHABET INC CAP STK CL A 02079K305 28,863,831 163,785 SH DFND 1 0 0 163,785
ALTRIA GROUP INC COM 02209S103 3,295,006 56,200 SH DFND 1 0 0 56,200
AMAZON COM INC COM 023135106 55,294,617 252,038 SH DFND 1 0 0 252,038
AMCOR PLC ORD G0250X107 135,654 14,761 SH DFND 1 0 0 14,761
AMERICAN EXPRESS CO COM 025816109 612,442 1,920 SH DFND 1 0 0 1,920
AMERICAN TOWER CORP NEW COM 03027X100 16,993,344 76,886 SH DFND 1 0 0 76,886
AMERICAN WTR WKS CO INC NEW COM 030420103 2,048,951 14,729 SH DFND 1 0 0 14,729
AMETEK INC COM 031100100 2,531,268 13,988 SH DFND 1 0 0 13,988
AMPHENOL CORP NEW CL A 032095101 464,125 4,700 SH DFND 1 0 0 4,700
ANALOG DEVICES INC COM 032654105 449,858 1,890 SH DFND 1 0 0 1,890
AON PLC SHS CL A G0403H108 1,389,580 3,895 SH DFND 1 0 0 3,895
APPLE INC COM 037833100 32,414,603 157,989 SH DFND 1 0 0 157,989
APPLIED MATLS INC COM 038222105 2,602,340 14,215 SH DFND 1 0 0 14,215
APPLOVIN CORP COM CL A 03831W108 210,048 600 SH DFND 1 0 0 600
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101 1,299,000 7,500 SH DFND 1 0 0 7,500
ARISTA NETWORKS INC COM SHS 040413205 2,484,803 24,287 SH DFND 1 0 0 24,287
ASTRAZENECA PLC SPONSORED ADR 046353108 2,792,265 39,958 SH DFND 1 0 0 39,958
AT&T INC COM 00206R102 4,734,584 163,600 SH DFND 1 0 0 163,600
ATLASSIAN CORPORATION CL A 049468101 238,428 1,174 SH DFND 1 0 0 1,174
AUTOMATIC DATA PROCESSING IN COM 053015103 1,912,080 6,200 SH DFND 1 0 0 6,200
AUTOZONE INC COM 053332102 3,318,734 894 SH DFND 1 0 0 894
BAKER HUGHES COMPANY CL A 05722G100 310,477 8,098 SH DFND 1 0 0 8,098
BANCO BRADESCO S A SP ADR PFD NEW 059460303 4,742,591 1,534,819 SH DFND 1 0 0 1,534,819
BANK AMERICA CORP COM 060505104 4,565,102 96,473 SH DFND 1 0 0 96,473
BANK NEW YORK MELLON CORP COM 064058100 2,869,965 31,500 SH DFND 1 0 0 31,500
BERKSHIRE HATHAWAY INC DEL CL A 084670108 9,474,400 13 SH DFND 1 0 0 13
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 38,190,266 78,618 SH DFND 1 0 0 78,618
BILIBILI INC SPONS ADS REP Z 090040106 3,983,265 185,700 SH DFND 1 0 0 185,700
BLACKROCK INC COM 09290D101 19,717,506 18,792 SH DFND 1 0 0 18,792
BOOKING HOLDINGS INC COM 09857L108 10,947,453 1,891 SH DFND 1 0 0 1,891
BOSTON SCIENTIFIC CORP COM 101137107 5,635,373 52,466 SH DFND 1 0 0 52,466
BRISTOL-MYERS SQUIBB CO COM 110122108 2,921,084 63,104 SH DFND 1 0 0 63,104
BROADCOM INC COM 11135F101 16,327,301 59,232 SH DFND 1 0 0 59,232
BROOKFIELD CORP CL A LTD VT SH 11271J107 11,062,974 178,635 SH DFND 1 0 0 178,635
BURLINGTON STORES INC COM 122017106 266,838 1,147 SH DFND 1 0 0 1,147
CADENCE DESIGN SYSTEM INC COM 127387108 2,176,155 7,062 SH DFND 1 0 0 7,062
CAL MAINE FOODS INC COM NEW 128030202 3,736,125 37,500 SH DFND 1 0 0 37,500
CANADIAN PACIFIC KANSAS CITY COM 13646K108 6,057,140 76,388 SH DFND 1 0 0 76,388
CAPITAL ONE FINL CORP COM 14040H105 340,416 1,600 SH DFND 1 0 0 1,600
CARDINAL HEALTH INC COM 14149Y108 4,552,800 27,100 SH DFND 1 0 0 27,100
CASEYS GEN STORES INC COM 147528103 2,296,215 4,500 SH DFND 1 0 0 4,500
CATERPILLAR INC COM 149123101 2,745,033 7,071 SH DFND 1 0 0 7,071
CENCORA INC COM 03073E105 3,695,052 12,323 SH DFND 1 0 0 12,323
CHENIERE ENERGY INC COM NEW 16411R208 243,520 1,000 SH DFND 1 0 0 1,000
CHEVRON CORP NEW COM 166764100 1,574,947 10,999 SH DFND 1 0 0 10,999
CHIPOTLE MEXICAN GRILL INC COM 169656105 1,316,493 23,446 SH DFND 1 0 0 23,446
CHUBB LIMITED COM H1467J104 8,622,067 29,760 SH DFND 1 0 0 29,760
CISCO SYS INC COM 17275R102 637,394 9,187 SH DFND 1 0 0 9,187
CITIGROUP INC COM NEW 172967424 2,896,463 34,028 SH DFND 1 0 0 34,028
CLEAR SECURE INC COM CL A 18467V109 3,833,656 138,100 SH DFND 1 0 0 138,100
CME GROUP INC COM 12572Q105 9,194,408 33,359 SH DFND 1 0 0 33,359
COCA COLA CO COM 191216100 24,889,638 351,797 SH DFND 1 0 0 351,797
COLGATE PALMOLIVE CO COM 194162103 3,337,848 36,720 SH DFND 1 0 0 36,720
COMPASS INC CL A 20464U100 1,632,800 260,000 SH DFND 1 0 0 260,000
CONOCOPHILLIPS COM 20825C104 5,414,642 60,337 SH DFND 1 0 0 60,337
CONSTELLATION ENERGY CORP COM 21037T109 516,416 1,600 SH DFND 1 0 0 1,600
COPART INC COM 217204106 2,826,628 57,604 SH DFND 1 0 0 57,604
CORNING INC COM 219350105 310,597 5,906 SH DFND 1 0 0 5,906
COSTAR GROUP INC COM 22160N109 1,858,928 23,121 SH DFND 1 0 0 23,121
COSTCO WHSL CORP NEW COM 22160K105 351,429 355 SH DFND 1 0 0 355
CROWDSTRIKE HLDGS INC CL A 22788C105 932,037 1,830 SH DFND 1 0 0 1,830
CYBERARK SOFTWARE LTD SHS M2682V108 2,812,355 6,912 SH DFND 1 0 0 6,912
D R HORTON INC COM 23331A109 520,837 4,040 SH DFND 1 0 0 4,040
DANAHER CORPORATION COM 235851102 1,882,556 9,530 SH DFND 1 0 0 9,530
DEUTSCHE BANK A G NAMEN AKT D18190898 5,845,962 200,000 SH DFND 1 0 0 200,000
DISNEY WALT CO COM 254687106 862,738 6,957 SH DFND 1 0 0 6,957
DOLLAR GEN CORP NEW COM 256677105 2,268,155 19,830 SH DFND 1 0 0 19,830
EATON CORP PLC SHS G29183103 4,837,215 13,550 SH DFND 1 0 0 13,550
ECOLAB INC COM 278865100 353,505 1,312 SH DFND 1 0 0 1,312
ELEVANCE HEALTH INC COM 036752103 4,434,144 11,400 SH DFND 1 0 0 11,400
ELI LILLY & CO COM 532457108 26,595,225 34,117 SH DFND 1 0 0 34,117
EMERSON ELEC CO COM 291011104 2,353,275 17,650 SH DFND 1 0 0 17,650
EOG RES INC COM 26875P101 567,071 4,741 SH DFND 1 0 0 4,741
EQUIFAX INC COM 294429105 4,746,471 18,300 SH DFND 1 0 0 18,300
EQUINIX INC COM 29444U700 219,550 276 SH DFND 1 0 0 276
EQUINOX GOLD CORP COM 29446Y502 805,000 140,000 SH DFND 1 0 0 140,000
EXELIXIS INC COM 30161Q104 4,275,495 97,005 SH DFND 1 0 0 97,005
EXXON MOBIL CORP COM 30231G102 3,993,559 37,046 SH DFND 1 0 0 37,046
FASTENAL CO COM 311900104 3,927,210 93,505 SH DFND 1 0 0 93,505
FERRARI N V COM N3167Y103 2,294,210 4,675 SH DFND 1 0 0 4,675
FIDELITY NATL INFORMATION SV COM 31620M106 542,516 6,664 SH DFND 1 0 0 6,664
FIFTH THIRD BANCORP COM 316773100 240,158 5,839 SH DFND 1 0 0 5,839
FIRST SOLAR INC COM 336433107 3,663,400 22,130 SH DFND 1 0 0 22,130
FISERV INC COM 337738108 869,464 5,043 SH DFND 1 0 0 5,043
FORTINET INC COM 34959E109 8,682,361 82,126 SH DFND 1 0 0 82,126
FREEPORT-MCMORAN INC CL B 35671D857 3,895,518 89,862 SH DFND 1 0 0 89,862
GALLAGHER ARTHUR J & CO COM 363576109 2,927,497 9,145 SH DFND 1 0 0 9,145
GILEAD SCIENCES INC COM 375558103 3,119,327 28,135 SH DFND 1 0 0 28,135
HALOZYME THERAPEUTICS INC COM 40637H109 1,747,872 33,600 SH DFND 1 0 0 33,600
HARTFORD INSURANCE GROUP INC COM 416515104 209,716 1,653 SH DFND 1 0 0 1,653
HCA HEALTHCARE INC COM 40412C101 10,504,602 27,420 SH DFND 1 0 0 27,420
HOME DEPOT INC COM 437076102 6,446,998 17,584 SH DFND 1 0 0 17,584
HONEYWELL INTL INC COM 438516106 2,018,837 8,669 SH DFND 1 0 0 8,669
HOWMET AEROSPACE INC COM 443201108 386,778 2,078 SH DFND 1 0 0 2,078
IDEXX LABS INC COM 45168D104 294,987 550 SH DFND 1 0 0 550
INCYTE CORP COM 45337C102 3,554,820 52,200 SH DFND 1 0 0 52,200
INFOSYS LTD SPONSORED ADR 456788108 733,399 39,579 SH DFND 1 0 0 39,579
INSULET CORP COM 45784P101 493,263 1,570 SH DFND 1 0 0 1,570
INTERCONTINENTAL EXCHANGE IN COM 45866F104 6,830,955 37,232 SH DFND 1 0 0 37,232
INTERNATIONAL BUSINESS MACHS COM 459200101 313,351 1,063 SH DFND 1 0 0 1,063
INTUIT COM 461202103 4,331,177 5,499 SH DFND 1 0 0 5,499
INTUITIVE SURGICAL INC COM NEW 46120E602 1,664,465 3,063 SH DFND 1 0 0 3,063
JOHNSON & JOHNSON COM 478160104 1,512,836 9,904 SH DFND 1 0 0 9,904
JPMORGAN CHASE & CO. COM 46625H100 15,862,426 54,715 SH DFND 1 0 0 54,715
KEURIG DR PEPPER INC COM 49271V100 655,580 19,830 SH DFND 1 0 0 19,830
KINROSS GOLD CORP COM 496902404 3,044,780 194,900 SH DFND 1 0 0 194,900
LAM RESEARCH CORP COM NEW 512807306 3,759,271 38,620 SH DFND 1 0 0 38,620
LGI HOMES INC COM 50187T106 4,177,293 81,081 SH DFND 1 0 0 81,081
LITHIUM ARGENTINA AG NOTE 1.750% 1/1 53680QAA6 1,250,427 1,500,000 PRN DFND 1 0 0 1,500,000
LOGITECH INTL S A SHS H50430232 470,824 5,227 SH DFND 1 0 0 5,227
LOWES COS INC COM 548661107 207,448 935 SH DFND 1 0 0 935
MARATHON PETE CORP COM 56585A102 241,358 1,453 SH DFND 1 0 0 1,453
MARKEL GROUP INC COM 570535104 792,952 397 SH DFND 1 0 0 397
MARSH & MCLENNAN COS INC COM 571748102 777,047 3,554 SH DFND 1 0 0 3,554
MARVELL TECHNOLOGY INC COM 573874104 346,365 4,475 SH DFND 1 0 0 4,475
MASTERCARD INCORPORATED CL A 57636Q104 9,305,726 16,560 SH DFND 1 0 0 16,560
MCDONALDS CORP COM 580135101 2,414,785 8,265 SH DFND 1 0 0 8,265
MCKESSON CORP COM 58155Q103 3,614,804 4,933 SH DFND 1 0 0 4,933
MEDPACE HLDGS INC COM 58506Q109 1,142,450 3,640 SH DFND 1 0 0 3,640
MEDTRONIC PLC SHS G5960L103 2,486,088 28,520 SH DFND 1 0 0 28,520
MERCADOLIBRE INC COM 58733R102 2,448,971 937 SH DFND 1 0 0 937
MERCK & CO INC COM 58933Y105 6,469,272 81,724 SH DFND 1 0 0 81,724
META PLATFORMS INC CL A 30303M102 28,103,515 38,076 SH DFND 1 0 0 38,076
MICRON TECHNOLOGY INC COM 595112103 221,850 1,800 SH DFND 1 0 0 1,800
MICROSOFT CORP COM 594918104 72,361,217 145,476 SH DFND 1 0 0 145,476
MONDELEZ INTL INC CL A 609207105 2,332,008 34,579 SH DFND 1 0 0 34,579
MONSTER BEVERAGE CORP NEW COM 61174X109 1,879,200 30,000 SH DFND 1 0 0 30,000
MOODYS CORP COM 615369105 9,436,413 18,813 SH DFND 1 0 0 18,813
MORGAN STANLEY COM NEW 617446448 540,621 3,838 SH DFND 1 0 0 3,838
MSCI INC COM 55354G100 2,155,854 3,738 SH DFND 1 0 0 3,738
MUELLER WTR PRODS INC COM SER A 624758108 254,391 10,582 SH DFND 1 0 0 10,582
NASDAQ INC COM 631103108 251,270 2,810 SH DFND 1 0 0 2,810
NETAPP INC COM 64110D104 226,312 2,124 SH DFND 1 0 0 2,124
NETFLIX INC COM 64110L106 2,135,912 1,595 SH DFND 1 0 0 1,595
NEW FOUND GOLD CORP COM 64440N103 57,316 40,000 SH DFND 1 0 0 40,000
NEW YORK TIMES CO CL A 650111107 5,600,743 100,049 SH DFND 1 0 0 100,049
NEXTERA ENERGY INC COM 65339F101 2,877,112 41,445 SH DFND 1 0 0 41,445
NIKE INC CL B 654106103 2,038,848 28,700 SH DFND 1 0 0 28,700
NVENT ELECTRIC PLC SHS G6700G107 364,932 4,982 SH DFND 1 0 0 4,982
NVIDIA CORPORATION COM 67066G104 57,007,848 360,832 SH DFND 1 0 0 360,832
NXP SEMICONDUCTORS N V COM N6596X109 546,225 2,500 SH DFND 1 0 0 2,500
ORACLE CORP COM 68389X105 3,378,271 15,452 SH DFND 1 0 0 15,452
OREILLY AUTOMOTIVE INC COM 67103H107 2,031,981 22,545 SH DFND 1 0 0 22,545
OWENS CORNING NEW COM 690742101 570,020 4,145 SH DFND 1 0 0 4,145
PALO ALTO NETWORKS INC COM 697435105 4,102,418 20,047 SH DFND 1 0 0 20,047
PAYPAL HLDGS INC COM 70450Y103 14,105,936 189,800 SH DFND 1 0 0 189,800
PEPSICO INC COM 713448108 5,717,728 43,303 SH DFND 1 0 0 43,303
PFIZER INC COM 717081103 558,732 23,050 SH DFND 1 0 0 23,050
PHILIP MORRIS INTL INC COM 718172109 5,528,192 30,353 SH DFND 1 0 0 30,353
PILGRIMS PRIDE CORP COM 72147K108 2,986,672 66,400 SH DFND 1 0 0 66,400
PINTEREST INC CL A 72352L106 401,309 11,191 SH DFND 1 0 0 11,191
POST HLDGS INC COM 737446104 5,262,769 48,269 SH DFND 1 0 0 48,269
PROCTER AND GAMBLE CO COM 742718109 11,010,287 69,108 SH DFND 1 0 0 69,108
PROGRESSIVE CORP COM 743315103 6,214,102 23,286 SH DFND 1 0 0 23,286
PROLOGIS INC. COM 74340W103 2,612,442 24,852 SH DFND 1 0 0 24,852
PURE STORAGE INC CL A 74624M102 299,474 5,201 SH DFND 1 0 0 5,201
QUALCOMM INC COM 747525103 696,922 4,376 SH DFND 1 0 0 4,376
REALTY INCOME CORP COM 756109104 227,099 3,942 SH DFND 1 0 0 3,942
REGENERON PHARMACEUTICALS COM 75886F107 301,875 575 SH DFND 1 0 0 575
REMITLY GLOBAL INC COM 75960P104 3,550,346 189,150 SH DFND 1 0 0 189,150
REPUBLIC SVCS INC COM 760759100 394,576 1,600 SH DFND 1 0 0 1,600
RESMED INC COM 761152107 291,540 1,130 SH DFND 1 0 0 1,130
RIO TINTO PLC SPONSORED ADR 767204100 943,429 16,174 SH DFND 1 0 0 16,174
ROBLOX CORP CL A 771049103 4,954,920 47,100 SH DFND 1 0 0 47,100
ROLLINS INC COM 775711104 1,579,760 28,000 SH DFND 1 0 0 28,000
ROPER TECHNOLOGIES INC COM 776696106 2,916,959 5,146 SH DFND 1 0 0 5,146
ROSS STORES INC COM 778296103 242,402 1,900 SH DFND 1 0 0 1,900
RYAN SPECIALTY HOLDINGS INC CL A 78351F107 2,896,374 42,600 SH DFND 1 0 0 42,600
S&P GLOBAL INC COM 78409V104 19,801,321 37,553 SH DFND 1 0 0 37,553
SALESFORCE INC COM 79466L302 20,166,789 73,955 SH DFND 1 0 0 73,955
SCHWAB CHARLES CORP COM 808513105 1,654,090 18,129 SH DFND 1 0 0 18,129
SERVICE CORP INTL COM 817565104 1,383,800 17,000 SH DFND 1 0 0 17,000
SERVICENOW INC COM 81762P102 2,600,014 2,529 SH DFND 1 0 0 2,529
SHERWIN WILLIAMS CO COM 824348106 2,869,803 8,358 SH DFND 1 0 0 8,358
SLM CORP COM 78442P106 295,864 9,023 SH DFND 1 0 0 9,023
SOUTHERN CO COM 842587107 660,717 7,195 SH DFND 1 0 0 7,195
SPOTIFY TECHNOLOGY S A SHS L8681T102 10,811,821 14,090 SH DFND 1 0 0 14,090
SPROUTS FMRS MKT INC COM 85208M102 3,819,648 23,200 SH DFND 1 0 0 23,200
STARBUCKS CORP COM 855244109 457,509 4,993 SH DFND 1 0 0 4,993
STELLANTIS N.V SHS N82405106 3,561,061 355,041 SH DFND 1 0 0 355,041
STRIDE INC COM 86333M108 3,666,048 25,250 SH DFND 1 0 0 25,250
STRYKER CORPORATION COM 863667101 1,938,983 4,901 SH DFND 1 0 0 4,901
SYNCHRONY FINANCIAL COM 87165B103 364,267 5,458 SH DFND 1 0 0 5,458
T-MOBILE US INC COM 872590104 6,010,109 25,225 SH DFND 1 0 0 25,225
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 12,232,045 54,007 SH DFND 1 0 0 54,007
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 528,199 2,175 SH DFND 1 0 0 2,175
TD SYNNEX CORPORATION COM 87162W100 5,722,333 42,169 SH DFND 1 0 0 42,169
TEXAS INSTRS INC COM 882508104 482,509 2,324 SH DFND 1 0 0 2,324
THERMO FISHER SCIENTIFIC INC COM 883556102 3,098,525 7,642 SH DFND 1 0 0 7,642
TJX COS INC NEW COM 872540109 728,591 5,900 SH DFND 1 0 0 5,900
TRANE TECHNOLOGIES PLC SHS G8994E103 1,064,656 2,434 SH DFND 1 0 0 2,434
UBER TECHNOLOGIES INC COM 90353T100 10,364,417 111,087 SH DFND 1 0 0 111,087
UBS GROUP AG SHS H42097107 8,261,580 244,036 SH DFND 1 0 0 244,036
UL SOLUTIONS INC CLASS A COM SHS 903731107 4,626,610 63,500 SH DFND 1 0 0 63,500
UNION PAC CORP COM 907818108 743,849 3,233 SH DFND 1 0 0 3,233
UNITED RENTALS INC COM 911363109 843,808 1,120 SH DFND 1 0 0 1,120
UNITEDHEALTH GROUP INC COM 91324P102 951,509 3,050 SH DFND 1 0 0 3,050
VEEVA SYS INC CL A COM 922475108 6,346,215 22,037 SH DFND 1 0 0 22,037
VERISIGN INC COM 92343E102 10,087,495 34,929 SH DFND 1 0 0 34,929
VERISK ANALYTICS INC COM 92345Y106 651,658 2,092 SH DFND 1 0 0 2,092
VERIZON COMMUNICATIONS INC COM 92343V104 435,166 10,057 SH DFND 1 0 0 10,057
VERTEX INC CL A 92538J106 3,581,556 101,360 SH DFND 1 0 0 101,360
VISA INC COM CL A 92826C839 38,224,328 107,659 SH DFND 1 0 0 107,659
VIZSLA SILVER CORP COM NEW 92859G608 1,181,590 400,000 SH DFND 1 0 0 400,000
WALMART INC COM 931142103 3,213,442 32,864 SH DFND 1 0 0 32,864
WASTE CONNECTIONS INC COM 94106B101 841,155 4,500 SH DFND 1 0 0 4,500
WASTE MGMT INC DEL COM 94106L109 6,088,214 26,607 SH DFND 1 0 0 26,607
WATSCO INC COM 942622200 839,078 1,900 SH DFND 1 0 0 1,900
WELLS FARGO CO NEW COM 949746101 4,477,506 55,885 SH DFND 1 0 0 55,885
WELLTOWER INC COM 95040Q104 394,779 2,568 SH DFND 1 0 0 2,568
WHEATON PRECIOUS METALS CORP COM 962879102 224,965 2,500 SH DFND 1 0 0 2,500
WINMARK CORP COM 974250102 3,572,191 9,460 SH DFND 1 0 0 9,460
XPENG INC ADS 98422D105 3,534,876 197,700 SH DFND 1 0 0 197,700
XYLEM INC COM 98419M100 2,063,033 15,948 SH DFND 1 0 0 15,948
ZIMMER BIOMET HOLDINGS INC COM 98956P102 239,609 2,627 SH DFND 1 0 0 2,627
ZOETIS INC CL A 98978V103 570,153 3,656 SH DFND 1 0 0 3,656
ZSCALER INC COM 98980G102 204,061 650 SH DFND 1 0 0 650