<SEC-DOCUMENT>0001140361-24-025354.txt : 20240510
<SEC-HEADER>0001140361-24-025354.hdr.sgml : 20240510
<ACCEPTANCE-DATETIME>20240510095608
ACCESSION NUMBER:		0001140361-24-025354
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240331
FILED AS OF DATE:		20240510
DATE AS OF CHANGE:		20240510
EFFECTIVENESS DATE:		20240510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING GROEP NV
		CENTRAL INDEX KEY:			0001039765
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-13263
		FILM NUMBER:		24933188

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 1800
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1000 BV
		BUSINESS PHONE:		01131205639111

	MAIL ADDRESS:	
		STREET 1:		PO BOX 1800
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1000 BV
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
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      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <credentials>
          <cik>0001039765</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2024</periodOfReport>
    </filerInfo>
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    <coverPage>
      <reportCalendarOrQuarter>03-31-2024</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>ING GROEP NV</name>
        <address>
          <com:street1>PO BOX 1800</com:street1>
          <com:city>AMSTERDAM</com:city>
          <com:stateOrCountry>P7</com:stateOrCountry>
          <com:zipCode>1000 BV</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-13263</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>J.A.M Emke-Petrelluzzi Bojanic</name>
      <title>Senior Compliance Officer</title>
      <phone>31-20-576-6541</phone>
      <signature>/s/ J.A.M Emke-Petrelluzzi Bojanic</signature>
      <city>AMSTERDAM</city>
      <stateOrCountry>P7</stateOrCountry>
      <signatureDate>05-10-2024</signatureDate>
    </signatureBlock>
    <summaryPage>
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        <nameOfIssuer>ADVANCED MICRO DEVICES INC</nameOfIssuer>
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            <sshPrnamt>52300</sshPrnamt>
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            <sshPrnamt>75542</sshPrnamt>
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            <sshPrnamt>48119</sshPrnamt>
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        <nameOfIssuer>EXPEDITORS INTL WASH INC</nameOfIssuer>
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            <sshPrnamt>19923</sshPrnamt>
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        <nameOfIssuer>EXTRA SPACE STORAGE INC</nameOfIssuer>
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            <sshPrnamt>28951</sshPrnamt>
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            <Sole>28951</Sole>
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        <nameOfIssuer>F5 INC</nameOfIssuer>
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            <sshPrnamt>53358</sshPrnamt>
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            <Sole>53358</Sole>
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        <nameOfIssuer>FACTSET RESH SYS INC</nameOfIssuer>
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        <nameOfIssuer>FEDERAL RLTY INVT TR NEW</nameOfIssuer>
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        <cusip>313745101</cusip>
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        <nameOfIssuer>FIDELITY NATL INFORMATION SV</nameOfIssuer>
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        <nameOfIssuer>MICROCHIP TECHNOLOGY INC.</nameOfIssuer>
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        <titleOfClass>CL A</titleOfClass>
        <cusip>609207105</cusip>
        <value>23691220</value>
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            <sshPrnamt>338446</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>338446</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MONGODB INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>60937P106</cusip>
        <value>706521</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1970</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1970</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MONOLITHIC PWR SYS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>609839105</cusip>
        <value>6354877</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9381</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>9381</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>MONSTER BEVERAGE CORP NEW</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>61174X109</cusip>
        <value>18164281</value>
        <shrsOrPrnAmt>
            <sshPrnamt>306415</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>306415</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>MOODYS CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>615369105</cusip>
        <value>7799287</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19844</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>19844</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>617446448</cusip>
        <value>11446372</value>
        <shrsOrPrnAmt>
            <sshPrnamt>121563</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>121563</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MORNINGSTAR INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>617700109</cusip>
        <value>4317180</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>14000</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>MOSAIC CO NEW</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>61945C103</cusip>
        <value>17438843</value>
        <shrsOrPrnAmt>
            <sshPrnamt>537241</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>537241</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MOTOROLA SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>620076307</cusip>
        <value>22485498</value>
        <shrsOrPrnAmt>
            <sshPrnamt>63343</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>63343</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MPLX LP</nameOfIssuer>
        <titleOfClass>COM UNIT REP LTD</titleOfClass>
        <cusip>55336V100</cusip>
        <value>131678704</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3168400</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>3168400</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MSA SAFETY INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>553498106</cusip>
        <value>2671542</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13800</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>13800</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MSCI INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>55354G100</cusip>
        <value>5589368</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9973</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>9973</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NASDAQ INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>631103108</cusip>
        <value>1804092</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28591</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>28591</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NATURAL RESOURCE PARTNERS L</nameOfIssuer>
        <titleOfClass>COM UNIT LTD PAR</titleOfClass>
        <cusip>63900P608</cusip>
        <value>4268800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>46400</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>46400</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NAVIOS MARITIME PARTNERS L P</nameOfIssuer>
        <titleOfClass>COM UNIT LPI</titleOfClass>
        <cusip>Y62267409</cusip>
        <value>554060</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>13000</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NCR VOYIX CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>62886E108</cusip>
        <value>8689440</value>
        <shrsOrPrnAmt>
            <sshPrnamt>688000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>688000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NETAPP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>64110D104</cusip>
        <value>29122037</value>
        <shrsOrPrnAmt>
            <sshPrnamt>277432</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>277432</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NETFLIX INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>64110L106</cusip>
        <value>69895180</value>
        <shrsOrPrnAmt>
            <sshPrnamt>115086</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>115086</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NEWMONT CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>651639106</cusip>
        <value>7095460</value>
        <shrsOrPrnAmt>
            <sshPrnamt>197976</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>197976</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NEWS CORP NEW</nameOfIssuer>
        <titleOfClass>CL B</titleOfClass>
        <cusip>65249B208</cusip>
        <value>4835920</value>
        <shrsOrPrnAmt>
            <sshPrnamt>178711</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>178711</Sole>
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            <None>0</None>
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        <nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>65339F101</cusip>
        <value>6777336</value>
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            <sshPrnamt>106045</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>106045</Sole>
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            <None>0</None>
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        <nameOfIssuer>NGL ENERGY PARTNERS LP</nameOfIssuer>
        <titleOfClass>COM UNIT REPST</titleOfClass>
        <cusip>62913M107</cusip>
        <value>7856640</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1364000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1364000</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NIKE INC</nameOfIssuer>
        <titleOfClass>CL B</titleOfClass>
        <cusip>654106103</cusip>
        <value>5481665</value>
        <shrsOrPrnAmt>
            <sshPrnamt>58328</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>58328</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NISOURCE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>65473P105</cusip>
        <value>230961</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8350</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>8350</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NORDSTROM INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>655664100</cusip>
        <value>1475656</value>
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            <sshPrnamt>72800</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>72800</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NORFOLK SOUTHN CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>655844108</cusip>
        <value>27004241</value>
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            <sshPrnamt>105953</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>105953</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NORTHERN TR CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>665859104</cusip>
        <value>2299827</value>
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            <sshPrnamt>25864</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>25864</Sole>
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            <None>0</None>
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        <nameOfIssuer>NORTHROP GRUMMAN CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>666807102</cusip>
        <value>9250583</value>
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            <sshPrnamt>19326</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>19326</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NRG ENERGY INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>629377508</cusip>
        <value>5208813</value>
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            <sshPrnamt>76951</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>76951</Sole>
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            <None>0</None>
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        <nameOfIssuer>NUCOR CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>670346105</cusip>
        <value>6666657</value>
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            <sshPrnamt>33687</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>33687</Sole>
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            <None>0</None>
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        <nameOfIssuer>NUSTAR ENERGY LP</nameOfIssuer>
        <titleOfClass>UNIT COM</titleOfClass>
        <cusip>67058H102</cusip>
        <value>23258365</value>
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            <sshPrnamt>999500</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>999500</Sole>
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            <None>0</None>
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        <nameOfIssuer>NVIDIA CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>67066G104</cusip>
        <value>806972147</value>
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            <sshPrnamt>893103</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>893103</Sole>
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        <nameOfIssuer>NVR INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>62944T105</cusip>
        <value>3547782</value>
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            <sshPrnamt>438</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>438</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NXP SEMICONDUCTORS N V</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>N6596X109</cusip>
        <value>15293851</value>
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            <sshPrnamt>61726</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>61726</Sole>
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            <None>0</None>
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        <nameOfIssuer>OKTA INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>679295105</cusip>
        <value>24774016</value>
        <shrsOrPrnAmt>
            <sshPrnamt>236800</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>236800</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>OLD DOMINION FREIGHT LINE IN</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>679580100</cusip>
        <value>10318097</value>
        <shrsOrPrnAmt>
            <sshPrnamt>47048</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>47048</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ON SEMICONDUCTOR CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>682189105</cusip>
        <value>12031235</value>
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            <sshPrnamt>163579</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>163579</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ONEOK INC NEW</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>682680103</cusip>
        <value>69352902</value>
        <shrsOrPrnAmt>
            <sshPrnamt>865073</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>865073</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ORACLE CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68389X105</cusip>
        <value>32416675</value>
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            <sshPrnamt>258074</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>258074</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>OREILLY AUTOMOTIVE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>67103H107</cusip>
        <value>25066780</value>
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            <sshPrnamt>22205</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>22205</Sole>
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            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>205000</sshPrnamt>
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        <titleOfClass>COM</titleOfClass>
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            <Sole>55536</Sole>
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        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>226590</sshPrnamt>
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        <titleOfClass>COM</titleOfClass>
        <cusip>695156109</cusip>
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        <nameOfIssuer>PARAMOUNT GLOBAL</nameOfIssuer>
        <titleOfClass>CLASS B COM</titleOfClass>
        <cusip>92556H206</cusip>
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            <sshPrnamt>39765</sshPrnamt>
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            <Sole>39765</Sole>
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        <nameOfIssuer>PARKER-HANNIFIN CORP</nameOfIssuer>
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        <cusip>701094104</cusip>
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            <sshPrnamt>35536</sshPrnamt>
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            <Sole>35536</Sole>
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        <nameOfIssuer>PAYCHEX INC</nameOfIssuer>
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            <Sole>81264</Sole>
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        <nameOfIssuer>PAYCOM SOFTWARE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>6584</sshPrnamt>
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            <Sole>6584</Sole>
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        <nameOfIssuer>PAYCOR HCM INC</nameOfIssuer>
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            <sshPrnamt>85000</sshPrnamt>
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            <Sole>85000</Sole>
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            <Sole>249616</Sole>
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            <sshPrnamt>1384800</sshPrnamt>
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            <Sole>1384800</Sole>
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        <nameOfIssuer>PENTAIR PLC</nameOfIssuer>
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        <nameOfIssuer>PEPSICO INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>PFIZER INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>717081103</cusip>
        <value>22041437</value>
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        <nameOfIssuer>PG&amp;E CORP</nameOfIssuer>
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        <nameOfIssuer>PHILIP MORRIS INTL INC</nameOfIssuer>
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        <nameOfIssuer>PHILLIPS 66</nameOfIssuer>
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            <sshPrnamt>67523</sshPrnamt>
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        <nameOfIssuer>PIONEER NAT RES CO</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>PLAINS ALL AMERN PIPELINE L</nameOfIssuer>
        <titleOfClass>UNIT LTD PARTN</titleOfClass>
        <cusip>726503105</cusip>
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        <nameOfIssuer>PLAINS GP HLDGS L P</nameOfIssuer>
        <titleOfClass>LTD PARTNR INT A</titleOfClass>
        <cusip>72651A207</cusip>
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        <nameOfIssuer>PNC FINL SVCS GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>PREMIER INC</nameOfIssuer>
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        <cusip>74051N102</cusip>
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        <nameOfIssuer>PRICE T ROWE GROUP INC</nameOfIssuer>
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        <nameOfIssuer>PROCTER AND GAMBLE CO</nameOfIssuer>
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        <nameOfIssuer>PROLOGIS INC.</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>PUBLIC STORAGE</nameOfIssuer>
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        <cusip>74460D109</cusip>
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        <nameOfIssuer>PUBLIC SVC ENTERPRISE GRP IN</nameOfIssuer>
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        <nameOfIssuer>PULTE GROUP INC</nameOfIssuer>
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        <cusip>745867101</cusip>
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        <nameOfIssuer>PURE STORAGE INC</nameOfIssuer>
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        <value>3743280</value>
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        <nameOfIssuer>QIAGEN NV</nameOfIssuer>
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        <cusip>N72482149</cusip>
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        <nameOfIssuer>QORVO INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>QUALCOMM INC</nameOfIssuer>
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        <cusip>747525103</cusip>
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        <nameOfIssuer>QUANTA SVCS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74762E102</cusip>
        <value>19461098</value>
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            <sshPrnamt>74908</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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        <nameOfIssuer>QUEST DIAGNOSTICS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74834L100</cusip>
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        <nameOfIssuer>RALPH LAUREN CORP</nameOfIssuer>
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        <cusip>751212101</cusip>
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            <Sole>1305</Sole>
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</SEC-DOCUMENT>
