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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100 BBG001S5N9M6 6,311,538 55,800 SH   DFND   55,800 0 0
ABBVIE INC COM 00287Y109 BBG0025Y4RZ3 230,655 1,298 SH   DFND   1,298 0 0
ADVANCED MICRO DEVICES INC COM 007903107 BBG001S5NN36 671,351 5,558 SH   DFND   5,558 0 0
ALLSTATE CORP COM 020002101 BBG001S9BM06 5,100,645 26,457 SH   DFND   26,457 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 344,526 1,820 SH   DFND   1,820 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 14,697,155 66,991 SH   DFND   66,991 0 0
APPLE INC COM 037833100 BBG001S5N8V8 17,739,753 70,840 SH   DFND   70,840 0 0
ARISTA NETWORKS INC COM SHS 040413205 BBG001T51KQ0 429,741 3,888 SH   DFND   3,888 0 0
AT&T INC COM 00206R102 BBG001S5VWH2 12,404,254 544,763 SH   DFND   544,763 0 0
ATMOS ENERGY CORP COM 049560105 BBG001S5VG05 1,531,970 11,000 SH   DFND   11,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 464,159 1,024 SH   DFND   1,024 0 0
BROADCOM INC COM 11135F101 BBG00KHY5SY8 16,166,667 69,732 SH   DFND   69,732 0 0
BXP INC COM 101121101 BBG001S9TWV1 448,911 6,037 SH   DFND   6,037 0 0
CANADIAN IMPERIAL BK COMM COM 136069101 BBG001S5YBB1 436,282 6,900 SH   DFND   6,900 0 0
CANADIAN NATL RY CO COM 136375102 BBG001S8WVQ7 436,459 4,300 SH   DFND   4,300 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108 BBG001S7F4Z8 441,477 6,100 SH   DFND   6,100 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 BBG001SP50B3 13,632,805 226,083 SH   DFND   226,083 0 0
CHURCH & DWIGHT CO INC COM 171340102 BBG001S5PR99 1,202,385 11,483 SH   DFND   11,483 0 0
CONOCOPHILLIPS COM 20825C104 BBG001S5TZM2 485,933 4,900 SH   DFND   4,900 0 0
COOPER COS INC COM 216648501 BBG001S5Q1H6 6,176,041 67,182 SH   DFND   67,182 0 0
COPART INC COM 217204106 BBG001S7MTB1 3,154,900 54,973 SH   DFND   54,973 0 0
COSTCO WHSL CORP NEW COM 22160K105 BBG001S9KRQ7 2,437,278 2,660 SH   DFND   2,660 0 0
DEERE & CO COM 244199105 BBG001S5QFF7 3,274,354 7,728 SH   DFND   7,728 0 0
DOVER CORP COM 260003108 BBG001S5QL46 3,057,880 16,300 SH   DFND   16,300 0 0
ELI LILLY & CO COM 532457108 BBG001S5STL8 6,536,524 8,467 SH   DFND   8,467 0 0
EOG RES INC COM 26875P101 BBG001S5ZB93 392,256 3,200 SH   DFND   3,200 0 0
EQT CORP COM 26884L109 BBG001S5QXJ4 313,548 6,800 SH   DFND   6,800 0 0
EQUINIX INC COM 29444U700 BBG001SKBNS9 531,790 564 SH   DFND   564 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101 BBG001S5RC36 450,711 4,026 SH   DFND   4,026 0 0
FIRSTSERVICE CORP NEW COM 33767E202 BBG0093LLBP5 432,203 2,387 SH   DFND   2,387 0 0
FORTINET INC COM 34959E109 BBG001S77BL6 278,716 2,950 SH   DFND   2,950 0 0
FRANCO NEV CORP COM 351858105 BBG001STGSR5 441,064 3,755 SH   DFND   3,755 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 BBG001S8PXF3 5,119,373 46,795 SH   DFND   46,795 0 0
HOME DEPOT INC COM 437076102 BBG001S5RTW7 229,504 590 SH   DFND   590 0 0
HUMANA INC COM 444859102 BBG001S5S1X6 6,175,809 24,342 SH   DFND   24,342 0 0
JOHNSON & JOHNSON COM 478160104 BBG001S5SHQ9 245,854 1,700 SH   DFND   1,700 0 0
JPMORGAN CHASE & CO. COM 46625H100 BBG001S8CRC3 5,488,160 22,895 SH   DFND   22,895 0 0
KINDER MORGAN INC DEL COM 49456B101 BBG001TG2YZ5 358,940 13,100 SH   DFND   13,100 0 0
KROGER CO COM 501044101 BBG001S5SN40 1,263,053 20,655 SH   DFND   20,655 0 0
MARSH & MCLENNAN COS INC COM 571748102 BBG001S5T7M4 5,138,198 24,190 SH   DFND   24,190 0 0
MASTERCARD INCORPORATED CL A 57636Q104 BBG001SKNNS6 245,908 467 SH   DFND   467 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 680,363 1,162 SH   DFND   1,162 0 0
METLIFE INC COM 59156R108 BBG001S5T3R8 1,402,441 17,128 SH   DFND   17,128 0 0
MICRON TECHNOLOGY INC COM 595112103 BBG001S6P675 354,650 4,214 SH   DFND   4,214 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 9,835,703 23,335 SH   DFND   23,335 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 BBG008NVB1F7 1,214,136 23,100 SH   DFND   23,100 0 0
MSCI INC COM 55354G100 BBG001SV8B05 5,120,485 8,534 SH   DFND   8,534 0 0
NISOURCE INC COM 65473P105 BBG001S5TMF9 1,917,144 52,153 SH   DFND   52,153 0 0
NVIDIA CORPORATION COM 67066G104 BBG001S5TZJ6 9,919,197 73,864 SH   DFND   73,864 0 0
PALANTIR TECHNOLOGIES INC CL A 69608A108 BBG001T53796 614,418 8,124 SH   DFND   8,124 0 0
PALO ALTO NETWORKS INC COM 697435105 BBG001T9NWN5 15,649,652 86,006 SH   DFND   86,006 0 0
PARKER-HANNIFIN CORP COM 701094104 BBG001S5V554 3,161,069 4,970 SH   DFND   4,970 0 0
PLUG POWER INC COM NEW 72919P202 BBG001S6GJB2 79,236 37,200 SH   DFND   37,200 0 0
PROCTER AND GAMBLE CO COM 742718109 BBG001S5V4L9 305,626 1,823 SH   DFND   1,823 0 0
PROLOGIS INC. COM 74340W103 BBG001S5NMN6 484,000 4,579 SH   DFND   4,579 0 0
SALESFORCE INC COM 79466L302 BBG001SDLP09 1,140,400 3,411 SH   DFND   3,411 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 BBG001SCWNN9 439,393 2,156 SH   DFND   2,156 0 0
SERVICENOW INC COM 81762P102 BBG001T4JFC0 805,691 760 SH   DFND   760 0 0
SHERWIN WILLIAMS CO COM 824348106 BBG001S5W2F9 3,810,615 11,210 SH   DFND   11,210 0 0
SIMON PPTY GROUP INC NEW COM 828806109 BBG001S77WM9 473,405 2,749 SH   DFND   2,749 0 0
TARGA RES CORP COM 87612G101 BBG001TC94B9 339,150 1,900 SH   DFND   1,900 0 0
TESLA INC COM 88160R101 BBG001SQKGD7 844,026 2,090 SH   DFND   2,090 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 BBG00YRJXKC0 331,788 300 SH   DFND   300 0 0
T-MOBILE US INC COM 872590104 BBG001SKR9Y6 12,314,968 55,792 SH   DFND   55,792 0 0
TPI COMPOSITES INC COM 87266J104 BBG001TCHC68 80,136 42,400 SH   DFND   42,400 0 0
TRANSDIGM GROUP INC COM 893641100 BBG001SPV1C1 3,087,094 2,436 SH   DFND   2,436 0 0
UNITEDHEALTH GROUP INC COM 91324P102 BBG001S6WCJ1 344,491 681 SH   DFND   681 0 0
VILLAGE FARMS INTL INC COM 92707Y108 BBG001S5VXJ8 71,780 93,100 SH   DFND   93,100 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 302,766 958 SH   DFND   958 0 0
WALMART INC COM 931142103 BBG001S5XH92 2,428,969 26,884 SH   DFND   26,884 0 0
WELLS FARGO CO NEW COM 949746101 BBG001S5XF23 5,211,808 74,200 SH   DFND   74,200 0 0
WELLTOWER INC COM 95040Q104 BBG001S5RTQ4 456,481 3,622 SH   DFND   3,622 0 0
WILLIAMS COS INC COM 969457100 BBG001S5XH10 378,840 7,000 SH   DFND   7,000 0 0