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
ABBVIE INC COM 00287Y109   5,928,350 30,020 SH   DFND 1 30,020 0 0
ABRDN HEALTHCARE INVESTORS SH BEN INT 87911J103   580,702 31,187 SH   DFND 1 31,187 0 0
ABRDN LIFE SCIENCES INVESTOR SH BEN INT 87911K100   580,867 38,519 SH   DFND 1 38,519 0 0
ACADIA HEALTHCARE COMPANY IN COM 00404A109   294,222 4,640 SH   DFND 1 4,640 0 0
ADVANCED MICRO DEVICES INC COM 007903107   1,316,742 8,025 SH   DFND 1 8,025 0 0
AERCAP HOLDINGS NV SHS N00985106   16,427,384 173,431 SH   DFND 1 173,431 0 0
AGILENT TECHNOLOGIES INC COM 00846U101   10,662,349 71,810 SH   DFND 1 71,810 0 0
AGNICO EAGLE MINES LTD COM 008474108   1,325,293 16,451 SH   DFND 1 16,451 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   8,764,451 82,590 SH   DFND 1 82,590 0 0
ALPHABET INC CAP STK CL C 02079K107   54,310,668 324,844 SH   DFND 1 324,844 0 0
AMAZON COM INC COM 023135106   36,589,808 196,371 SH   DFND 1 196,371 0 0
AMN HEALTHCARE SVCS INC COM 001744101   203,472 4,800 SH   DFND 1 4,800 0 0
AMPHENOL CORP NEW CL A 032095101   7,688,880 118,000 SH   DFND 1 118,000 0 0
APPLE INC COM 037833100   52,842,070 226,790 SH   DFND 1 226,790 0 0
ARGENX SE SPONSORED ADR 04016X101   485,162 895 SH   DFND 1 895 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   31,825,984 38,195 SH   DFND 1 38,195 0 0
AT&T INC COM 00206R102   446,600 20,300 SH   DFND 1 20,300 0 0
AUTOLIV INC COM 052800109   1,330,523 14,250 SH   DFND 1 14,250 0 0
BANK AMERICA CORP COM 060505104   952,320 24,000 SH   DFND 1 24,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   354,860 771 SH   DFND 1 771 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   10,367,700 15 SH   DFND 1 15 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101   251,638 3,580 SH   DFND 1 3,580 0 0
BLACKROCK HEALTH SCIENCES TE COM SHS 09260E105   380,160 24,000 SH   DFND 1 24,000 0 0
BLUE BIRD CORP COM 095306106   1,028,071 21,436 SH   DFND 1 21,436 0 0
BOEING CO COM 097023105   4,553,598 29,950 SH   DFND 1 29,950 0 0
BOOKING HOLDINGS INC COM 09857L108   3,891,999 924 SH   DFND 1 924 0 0
BOSTON SCIENTIFIC CORP COM 101137107   754,200 9,000 SH   DFND 1 9,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   19,503,496 376,952 SH   DFND 1 376,952 0 0
BROADCOM INC COM 11135F101   11,967,533 69,377 SH   DFND 1 69,377 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300   27,552,571 1,490,940 SH   DFND 1 1,490,940 0 0
CHAMPION HOMES INC COM 830830105   1,642,707 17,319 SH   DFND 1 17,319 0 0
CHENIERE ENERGY INC COM NEW 16411R208   18,431,262 102,487 SH   DFND 1 102,487 0 0
CHESAPEAKE ENERGY CORP COM 165167735   12,216,099 148,524 SH   DFND 1 148,524 0 0
CHEVRON CORP NEW COM 166764100   1,561,062 10,600 SH   DFND 1 10,600 0 0
COCA COLA CO COM 191216100   1,785,721 24,850 SH   DFND 1 24,850 0 0
COMCAST CORP NEW CL A 20030N101   1,763,116 42,200 SH   DFND 1 42,200 0 0
COSTCO WHSL CORP NEW COM 22160K105   748,223 844 SH   DFND 1 844 0 0
CROSS CTRY HEALTHCARE INC COM 227483104   213,696 15,900 SH   DFND 1 15,900 0 0
D R HORTON INC COM 23331A109   23,499,049 123,180 SH   DFND 1 123,180 0 0
DELL TECHNOLOGIES INC CL C 24703L202   19,584,823 165,217 SH   DFND 1 165,217 0 0
DIAMONDBACK ENERGY INC COM 25278X109   415,312 2,409 SH   DFND 1 2,409 0 0
DOMINION ENERGY INC COM 25746U109   1,271,091 21,995 SH   DFND 1 21,995 0 0
DOW INC COM 260557103   934,173 17,100 SH   DFND 1 17,100 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204   5,402,382 46,855 SH   DFND 1 46,855 0 0
ECOLAB INC COM 278865100   5,226,094 20,468 SH   DFND 1 20,468 0 0
ELEVANCE HEALTH INC COM 036752103   16,787,680 32,284 SH   DFND 1 32,284 0 0
ELI LILLY & CO COM 532457108   9,646,115 10,888 SH   DFND 1 10,888 0 0
EMBRAER S.A. SPONSORED ADS 29082A107   1,491,800 42,177 SH   DFND 1 42,177 0 0
EMCOR GROUP INC COM 29084Q100   7,499,833 17,420 SH   DFND 1 17,420 0 0
ENCOMPASS HEALTH CORP COM 29261A100   10,450,070 108,134 SH   DFND 1 108,134 0 0
ENTERGY CORP NEW COM 29364G103   1,371,771 10,423 SH   DFND 1 10,423 0 0
EVEREST GROUP LTD COM G3223R108   22,398,178 57,163 SH   DFND 1 57,163 0 0
EXELON CORP COM 30161N101   4,893,782 120,700 SH   DFND 1 120,700 0 0
EXXON MOBIL CORP COM 30231G102   2,330,568 19,882 SH   DFND 1 19,882 0 0
FEDEX CORP COM 31428X106   7,531,674 27,520 SH   DFND 1 27,520 0 0
FIDELIS INSURANCE HOLDINGS L COM G3398L118   11,359,325 628,977 SH   DFND 1 628,977 0 0
FREEPORT-MCMORAN INC CL B 35671D857   15,718,810 314,880 SH   DFND 1 314,880 0 0
GENERAL DYNAMICS CORP COM 369550108   20,040,695 66,316 SH   DFND 1 66,316 0 0
GILEAD SCIENCES INC COM 375558103   528,192 6,300 SH   DFND 1 6,300 0 0
HCA HEALTHCARE INC COM 40412C101   7,041,806 17,326 SH   DFND 1 17,326 0 0
HDFC BANK LTD SPONSORED ADS 40415F101   4,813,366 76,940 SH   DFND 1 76,940 0 0
HOME DEPOT INC COM 437076102   1,032,450 2,548 SH   DFND 1 2,548 0 0
HUMACYTE INC COM 44486Q103   972,498 178,768 SH   DFND 1 178,768 0 0
HUMANA INC COM 444859102   259,727 820 SH   DFND 1 820 0 0
ICF INTL INC COM 44925C103   1,475,091 8,844 SH   DFND 1 8,844 0 0
ICICI BANK LIMITED ADR 45104G104   13,322,055 446,300 SH   DFND 1 446,300 0 0
ILLUMINA INC COM 452327109   547,722 4,200 SH   DFND 1 4,200 0 0
INTRA-CELLULAR THERAPIES INC COM 46116X101   248,778 3,400 SH   DFND 1 3,400 0 0
JD.COM INC SPON ADS CL A 47215P106   9,611,160 240,279 SH   DFND 1 240,279 0 0
JOHNSON & JOHNSON COM 478160104   1,581,868 9,761 SH   DFND 1 9,761 0 0
JPMORGAN CHASE & CO. COM 46625H100   11,850,332 56,200 SH   DFND 1 56,200 0 0
KINROSS GOLD CORP COM 496902404   1,352,576 144,506 SH   DFND 1 144,506 0 0
KLA CORP COM NEW 482480100   535,117 691 SH   DFND 1 691 0 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755   13,501,469 174,370 SH   DFND 1 174,370 0 0
LINDE PLC SHS G54950103   4,371,376 9,167 SH   DFND 1 9,167 0 0
LULULEMON ATHLETICA INC COM 550021109   9,749,606 35,930 SH   DFND 1 35,930 0 0
MAGNITE INC COM 55955D100   2,402,670 173,478 SH   DFND 1 173,478 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109   1,255,940 13,512 SH   DFND 1 13,512 0 0
MCDONALDS CORP COM 580135101   1,390,697 4,567 SH   DFND 1 4,567 0 0
MEDTRONIC PLC SHS G5960L103   540,180 6,000 SH   DFND 1 6,000 0 0
MERCADOLIBRE INC COM 58733R102   8,072,411 3,934 SH   DFND 1 3,934 0 0
META PLATFORMS INC CL A 30303M102   19,332,444 33,772 SH   DFND 1 33,772 0 0
MICRON TECHNOLOGY INC COM 595112103   1,619,950 15,620 SH   DFND 1 15,620 0 0
MICROSOFT CORP COM 594918104   49,462,124 114,948 SH   DFND 1 114,948 0 0
MORGAN STANLEY COM NEW 617446448   1,933,652 18,550 SH   DFND 1 18,550 0 0
NEWMONT CORP COM 651639106   1,340,259 25,075 SH   DFND 1 25,075 0 0
NEXTERA ENERGY INC COM 65339F101   1,314,442 15,550 SH   DFND 1 15,550 0 0
NORTHROP GRUMMAN CORP COM 666807102   7,234,031 13,699 SH   DFND 1 13,699 0 0
NU HLDGS LTD ORD SHS CL A G6683N103   1,193,119 87,408 SH   DFND 1 87,408 0 0
NVIDIA CORPORATION COM 67066G104   23,755,158 195,621 SH   DFND 1 195,621 0 0
ONESPAWORLD HOLDINGS LIMITED COM P73684113   1,509,377 91,422 SH   DFND 1 91,422 0 0
ORACLE CORP COM 68389X105   698,640 4,100 SH   DFND 1 4,100 0 0
ORTHOFIX MED INC COM 68752M108   2,082,474 133,321 SH   DFND 1 133,321 0 0
OWENS CORNING NEW COM 690742101   10,073,996 57,070 SH   DFND 1 57,070 0 0
PDD HOLDINGS INC SPONSORED ADS 722304102   10,439,686 77,440 SH   DFND 1 77,440 0 0
PEPSICO INC COM 713448108   941,966 5,540 SH   DFND 1 5,540 0 0
PFIZER INC COM 717081103   1,681,414 58,100 SH   DFND 1 58,100 0 0
PLANET LABS PBC COM CL A 72703X106   138,929 62,300 SH   DFND 1 62,300 0 0
PROCTER AND GAMBLE CO COM 742718109   9,456,720 54,600 SH   DFND 1 54,600 0 0
PROLOGIS INC. COM 74340W103   1,111,264 8,800 SH   DFND 1 8,800 0 0
PRUDENTIAL FINL INC COM 744320102   399,630 3,300 SH   DFND 1 3,300 0 0
PULTE GROUP INC COM 745867101   26,339,047 183,509 SH   DFND 1 183,509 0 0
REDFIN CORP COM 75737F108   471,930 37,664 SH   DFND 1 37,664 0 0
REGENERON PHARMACEUTICALS COM 75886F107   751,637 715 SH   DFND 1 715 0 0
REVVITY INC COM 714046109   549,325 4,300 SH   DFND 1 4,300 0 0
ROIVANT SCIENCES LTD SHS G76279101   1,017,909 88,207 SH   DFND 1 88,207 0 0
ROLLINS INC COM 775711104   1,443,958 28,548 SH   DFND 1 28,548 0 0
ROYAL CARIBBEAN GROUP COM V7780T103   16,458,299 92,796 SH   DFND 1 92,796 0 0
RTX CORPORATION COM 75513E101   14,389,083 118,761 SH   DFND 1 118,761 0 0
SCHWAB CHARLES CORP COM 808513105   8,431,781 130,100 SH   DFND 1 130,100 0 0
SELECT MED HLDGS CORP COM 81619Q105   6,030,243 172,935 SH   DFND 1 172,935 0 0
SELECT WATER SOLUTIONS INC CL A COM 81617J301   1,303,156 117,085 SH   DFND 1 117,085 0 0
SERVICE CORP INTL COM 817565104   1,538,030 19,486 SH   DFND 1 19,486 0 0
SHARKNINJA INC COM SHS G8068L108   22,366,756 205,747 SH   DFND 1 205,747 0 0
SIMON PPTY GROUP INC NEW COM 828806109   2,298,672 13,600 SH   DFND 1 13,600 0 0
SOUTHERN CO COM 842587107   1,281,277 14,208 SH   DFND 1 14,208 0 0
SOUTHWESTERN ENERGY CO COM 845467109   10,582,296 1,488,368 SH   DFND 1 1,488,368 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102   420,124 1,140 SH   DFND 1 1,140 0 0
STARWOOD PPTY TR INC COM 85571B105   582,868 28,600 SH   DFND 1 28,600 0 0
STERLING INFRASTRUCTURE INC COM 859241101   1,902,227 13,117 SH   DFND 1 13,117 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   1,146,222 6,600 SH   DFND 1 6,600 0 0
THE CIGNA GROUP COM 125523100   9,960,150 28,750 SH   DFND 1 28,750 0 0
TRANSDIGM GROUP INC COM 893641100   23,414,922 16,407 SH   DFND 1 16,407 0 0
TRANSMEDICS GROUP INC COM 89377M109   1,366,685 8,705 SH   DFND 1 8,705 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100   12,311,056 2,896,719 SH   DFND 1 2,896,719 0 0
TRIP COM GROUP LTD ADS 89677Q107   5,116,269 86,089 SH   DFND 1 86,089 0 0
UNITEDHEALTH GROUP INC COM 91324P102   4,072,296 6,965 SH   DFND 1 6,965 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100   11,485,768 50,154 SH   DFND 1 50,154 0 0
VALE S A SPONSORED ADS 91912E105   2,750,255 235,467 SH   DFND 1 235,467 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   2,645,064 58,897 SH   DFND 1 58,897 0 0
VICI PPTYS INC COM 925652109   549,615 16,500 SH   DFND 1 16,500 0 0
WALMART INC COM 931142103   2,494,125 30,887 SH   DFND 1 30,887 0 0