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
ADOBE INC COM 00724F101 BBG001S5NCQ5 408,528 789 SH   DFND   789 0 0
ADVANCED MICRO DEVICES INC COM 007903107 BBG001S5NN36 449,415 2,739 SH   DFND   2,739 0 0
ALLSTATE CORP COM 020002101 BBG001S9BM06 3,224,050 17,000 SH   DFND   17,000 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 318,432 1,920 SH   DFND   1,920 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 6,102,494 32,751 SH   DFND   32,751 0 0
APPLE INC COM 037833100 BBG001S5N8V8 17,335,433 74,401 SH   DFND   74,401 0 0
APPLIED MATLS INC COM 038222105 BBG001S5NMM7 229,529 1,136 SH   DFND   1,136 0 0
AT&T INC COM 00206R102 BBG001S5VWH2 10,036,400 456,200 SH   DFND   456,200 0 0
ATMOS ENERGY CORP COM 049560105 BBG001S5VG05 1,068,067 7,700 SH   DFND   7,700 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 471,306 1,024 SH   DFND   1,024 0 0
BEST BUY INC COM 086516101 BBG001S5P285 5,134,010 49,700 SH   DFND   49,700 0 0
BROADCOM INC COM 11135F101 BBG00KHY5SY8 15,442,200 89,520 SH   DFND   89,520 0 0
BXP INC COM 101121101 BBG001S9TWV1 571,266 7,100 SH   DFND   7,100 0 0
CANADIAN IMPERIAL BK COMM COM 136069101 BBG001S5YBB1 453,937 7,400 SH   DFND   7,400 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108 BBG001S7F4Z8 453,306 5,300 SH   DFND   5,300 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 BBG001SP50B3 5,087,846 88,300 SH   DFND   88,300 0 0
CHURCH & DWIGHT CO INC COM 171340102 BBG001S5PR99 1,288,056 12,300 SH   DFND   12,300 0 0
COLGATE PALMOLIVE CO COM 194162103 BBG001S5PVM5 1,339,149 12,900 SH   DFND   12,900 0 0
COPART INC COM 217204106 BBG001S7MTB1 3,644,315 69,548 SH   DFND   69,548 0 0
COSTCO WHSL CORP NEW COM 22160K105 BBG001S9KRQ7 2,521,263 2,844 SH   DFND   2,844 0 0
DEERE & CO COM 244199105 BBG001S5QFF7 3,708,394 8,886 SH   DFND   8,886 0 0
ELI LILLY & CO COM 532457108 BBG001S5STL8 13,317,450 15,032 SH   DFND   15,032 0 0
EQUINIX INC COM 29444U700 BBG001SKBNS9 497,960 561 SH   DFND   561 0 0
EXXON MOBIL CORP COM 30231G102 BBG001S69V32 1,289,420 11,000 SH   DFND   11,000 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101 BBG001S5RC36 540,359 4,700 SH   DFND   4,700 0 0
FIRSTSERVICE CORP NEW COM 33767E202 BBG0093LLBP5 454,424 2,487 SH   DFND   2,487 0 0
FRANCO NEV CORP COM 351858105 BBG001STGSR5 453,983 3,655 SH   DFND   3,655 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 BBG001S8PXF3 3,222,514 27,400 SH   DFND   27,400 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 BBG0058KMH49 5,047,950 21,900 SH   DFND   21,900 0 0
HOME DEPOT INC COM 437076102 BBG001S5RTW7 239,068 590 SH   DFND   590 0 0
HUBBELL INC COM 443510607 BBG001S5S1L9 3,640,975 8,500 SH   DFND   8,500 0 0
HUMANA INC COM 444859102 BBG001S5S1X6 12,615,754 39,830 SH   DFND   39,830 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 BBG001SDJ4R0 3,273,361 20,377 SH   DFND   20,377 0 0
INTUIT COM 461202103 BBG001S6TWR2 294,354 474 SH   DFND   474 0 0
JOHNSON & JOHNSON COM 478160104 BBG001S5SHQ9 275,502 1,700 SH   DFND   1,700 0 0
JPMORGAN CHASE & CO. COM 46625H100 BBG001S8CRC3 3,531,483 16,748 SH   DFND   16,748 0 0
KROGER CO COM 501044101 BBG001S5SN40 1,186,110 20,700 SH   DFND   20,700 0 0
LAM RESEARCH CORP COM 512807108 BBG001S5SW40 14,905,701 18,265 SH   DFND   18,265 0 0
M & T BK CORP COM 55261F104 BBG001S7S2B4 3,241,784 18,200 SH   DFND   18,200 0 0
MARATHON PETE CORP COM 56585A102 BBG001S169P1 1,270,698 7,800 SH   DFND   7,800 0 0
MARSH & MCLENNAN COS INC COM 571748102 BBG001S5T7M4 3,244,175 14,542 SH   DFND   14,542 0 0
MASTERCARD INCORPORATED CL A 57636Q104 BBG001SKNNS6 329,365 667 SH   DFND   667 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 722,419 1,262 SH   DFND   1,262 0 0
METLIFE INC COM 59156R108 BBG001S5T3R8 907,280 11,000 SH   DFND   11,000 0 0
MICRON TECHNOLOGY INC COM 595112103 BBG001S6P675 228,162 2,200 SH   DFND   2,200 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 4,624,434 10,747 SH   DFND   10,747 0 0
MSCI INC COM 55354G100 BBG001SV8B05 3,273,152 5,615 SH   DFND   5,615 0 0
NEXTERA ENERGY INC COM 65339F101 BBG001S5RB29 1,445,463 17,100 SH   DFND   17,100 0 0
NISOURCE INC COM 65473P105 BBG001S5TMF9 266,805 7,700 SH   DFND   7,700 0 0
NRG ENERGY INC COM NEW 629377508 BBG001SDD8F0 273,300 3,000 SH   DFND   3,000 0 0
NVIDIA CORPORATION COM 67066G104 BBG001S5TZJ6 4,028,165 33,170 SH   DFND   33,170 0 0
ORACLE CORP COM 68389X105 BBG001S5SJG6 221,520 1,300 SH   DFND   1,300 0 0
PALO ALTO NETWORKS INC COM 697435105 BBG001T9NWN5 15,312,640 44,800 SH   DFND   44,800 0 0
PARKER-HANNIFIN CORP COM 701094104 BBG001S5V554 3,628,542 5,743 SH   DFND   5,743 0 0
PPL CORP COM 69351T106 BBG001S5VC31 281,180 8,500 SH   DFND   8,500 0 0
PROCTER AND GAMBLE CO COM 742718109 BBG001S5V4L9 333,064 1,923 SH   DFND   1,923 0 0
PROLOGIS INC. COM 74340W103 BBG001S5NMN6 574,953 4,553 SH   DFND   4,553 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 BBG001SM4KY2 3,231,205 138,500 SH   DFND   138,500 0 0
S&P GLOBAL INC COM 78409V104 BBG001S5T5M8 3,334,265 6,454 SH   DFND   6,454 0 0
SALESFORCE INC COM 79466L302 BBG001SDLP09 410,291 1,499 SH   DFND   1,499 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 BBG001SCWNN9 563,719 2,342 SH   DFND   2,342 0 0
SEMPRA COM 816851109 BBG001SBVZ73 376,000 4,496 SH   DFND   4,496 0 0
SERVICENOW INC COM 81762P102 BBG001T4JFC0 409,631 458 SH   DFND   458 0 0
SHERWIN WILLIAMS CO COM 824348106 BBG001S5W2F9 5,748,714 15,062 SH   DFND   15,062 0 0
TESLA INC COM 88160R101 BBG001SQKGD7 520,644 1,990 SH   DFND   1,990 0 0
TEXAS INSTRS INC COM 882508104 BBG001S5WYZ7 299,940 1,452 SH   DFND   1,452 0 0
T-MOBILE US INC COM 872590104 BBG001SKR9Y6 10,014,238 48,528 SH   DFND   48,528 0 0
TRANSDIGM GROUP INC COM 893641100 BBG001SPV1C1 3,743,362 2,623 SH   DFND   2,623 0 0
UNITEDHEALTH GROUP INC COM 91324P102 BBG001S6WCJ1 398,167 681 SH   DFND   681 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 345,887 1,258 SH   DFND   1,258 0 0
WALMART INC COM 931142103 BBG001S5XH92 2,383,013 29,511 SH   DFND   29,511 0 0
WELLTOWER INC COM 95040Q104 BBG001S5RTQ4 563,332 4,400 SH   DFND   4,400 0 0