<SEC-DOCUMENT>0000844150-24-000005.txt : 20240419
<SEC-HEADER>0000844150-24-000005.hdr.sgml : 20240419
<ACCEPTANCE-DATETIME>20240419085309
ACCESSION NUMBER:		0000844150-24-000005
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240331
FILED AS OF DATE:		20240419
DATE AS OF CHANGE:		20240419
EFFECTIVENESS DATE:		20240419

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NatWest Group plc
		CENTRAL INDEX KEY:			0000844150
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-05855
		FILM NUMBER:		24855799

	BUSINESS ADDRESS:	
		STREET 1:		GOGARBURN
		STREET 2:		PO BOX 1000
		CITY:			EDINBURGH, SCOTLAND
		STATE:			X0
		ZIP:			EH12 1HQ
		BUSINESS PHONE:		441315568555

	MAIL ADDRESS:	
		STREET 1:		GOGARBURN
		STREET 2:		PO BOX 1000
		CITY:			EDINBURGH, SCOTLAND
		STATE:			X0
		ZIP:			EH12 1HQ

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROYAL BANK OF SCOTLAND GROUP PLC
		DATE OF NAME CHANGE:	19950712
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
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          <ccc>XXXXXXXX</ccc>
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      <periodOfReport>03-31-2024</periodOfReport>
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      <reportCalendarOrQuarter>03-31-2024</reportCalendarOrQuarter>
      <filingManager>
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        <address>
          <com:street1>GOGARBURN</com:street1>
          <com:street2>PO BOX 1000</com:street2>
          <com:city>EDINBURGH, SCOTLAND</com:city>
          <com:stateOrCountry>X0</com:stateOrCountry>
          <com:zipCode>EH12 1HQ</com:zipCode>
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    <signatureBlock>
      <name>Jan Cargill</name>
      <title>Chief Governance Officer and Company Secretary</title>
      <phone>0044 776 924 8894</phone>
      <signature>Jan Cargill, Edinburgh, UK, 04-19-2024</signature>
      <city>Edinburgh</city>
      <stateOrCountry>X0</stateOrCountry>
      <signatureDate>04-19-2024</signatureDate>
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<SEQUENCE>2
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            <None>0</None>
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        <titleOfClass>SHS</titleOfClass>
        <cusip>G54950103</cusip>
        <figi>BBG01FND0CH6</figi>
        <value>1527613</value>
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            <sshPrnamt>3290</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>3290</Sole>
            <Shared>0</Shared>
            <None>0</None>
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        <nameOfIssuer>LOGITECH INTL S A</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>H50430232</cusip>
        <figi>BBG001S9T9J6</figi>
        <value>1005055</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11246</sshPrnamt>
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        <votingAuthority>
            <Sole>11246</Sole>
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            <None>0</None>
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        <titleOfClass>SHS</titleOfClass>
        <cusip>H50430232</cusip>
        <figi>BBG001S9T9J6</figi>
        <value>4096989</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45843</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>45843</Sole>
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            <None>0</None>
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        <nameOfIssuer>LULULEMON ATHLETICA INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>550021109</cusip>
        <figi>BBG001STBM75</figi>
        <value>1204765</value>
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            <sshPrnamt>3084</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>3084</Sole>
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            <None>0</None>
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        <cusip>550021109</cusip>
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            <sshPrnamt>7641</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>MCDONALDS CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>580135101</cusip>
        <figi>BBG001S5T110</figi>
        <value>242477</value>
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            <sshPrnamt>860</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
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            <Sole>860</Sole>
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            <None>0</None>
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        <nameOfIssuer>META PLATFORMS INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>30303M102</cusip>
        <figi>BBG001SQCQC5</figi>
        <value>3297574</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6791</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>6791</Sole>
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            <None>0</None>
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        <cusip>30303M102</cusip>
        <figi>BBG001SQCQC5</figi>
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            <sshPrnamt>14059</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>14059</Sole>
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            <None>0</None>
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        <nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>594918104</cusip>
        <figi>BBG001S5TD05</figi>
        <value>6002412</value>
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            <sshPrnamt>14267</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>14267</Sole>
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        <titleOfClass>COM</titleOfClass>
        <cusip>594918104</cusip>
        <figi>BBG001S5TD05</figi>
        <value>18805763</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44699</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
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            <Sole>44699</Sole>
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            <None>0</None>
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        <nameOfIssuer>NETFLIX INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>64110L106</cusip>
        <figi>BBG001SF6L46</figi>
        <value>2672252</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4400</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>4400</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NETFLIX INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <figi>BBG001SF6L46</figi>
        <value>6521510</value>
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            <sshPrnamt>10738</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>10738</Sole>
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        <nameOfIssuer>NVIDIA CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>67066G104</cusip>
        <figi>BBG001S5TZJ6</figi>
        <value>4454551</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4930</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>4930</Sole>
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            <None>0</None>
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        <nameOfIssuer>NVIDIA CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>67066G104</cusip>
        <figi>BBG001S5TZJ6</figi>
        <value>10878862</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12040</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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        <votingAuthority>
            <Sole>12040</Sole>
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            <None>0</None>
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        <nameOfIssuer>PULTE GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>745867101</cusip>
        <figi>BBG001S5V5K7</figi>
        <value>2654243</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22005</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>22005</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>PULTE GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>745867101</cusip>
        <figi>BBG001S5V5K7</figi>
        <value>6598638</value>
        <shrsOrPrnAmt>
            <sshPrnamt>54706</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>54706</Sole>
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            <None>0</None>
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        <nameOfIssuer>ROSS STORES INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>778296103</cusip>
        <figi>BBG001S5VRS1</figi>
        <value>1373820</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9361</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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        <cusip>778296103</cusip>
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        <shrsOrPrnAmt>
            <sshPrnamt>24421</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>24421</Sole>
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            <None>0</None>
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        <nameOfIssuer>STELLANTIS N.V</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>N82405106</cusip>
        <figi>BBG0078ZLDH8</figi>
        <value>321205</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11350</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>11350</Sole>
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            <None>0</None>
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        <titleOfClass>SHS</titleOfClass>
        <cusip>N82405106</cusip>
        <figi>BBG0078ZLDH8</figi>
        <value>1192647</value>
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            <sshPrnamt>42143</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>42143</Sole>
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            <None>0</None>
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        <titleOfClass>SHS</titleOfClass>
        <cusip>G8994E103</cusip>
        <figi>BBG001S5SBV6</figi>
        <value>2510573</value>
        <shrsOrPrnAmt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>8363</Sole>
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    <infoTable>
        <nameOfIssuer>TRANE TECHNOLOGIES PLC</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>G8994E103</cusip>
        <figi>BBG001S5SBV6</figi>
        <value>5943059</value>
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            <sshPrnamt>19797</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
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            <Sole>19797</Sole>
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        <nameOfIssuer>TRANSDIGM GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>893641100</cusip>
        <figi>BBG001SPV1C1</figi>
        <value>1900359</value>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1543</Sole>
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        <titleOfClass>COM</titleOfClass>
        <cusip>893641100</cusip>
        <figi>BBG001SPV1C1</figi>
        <value>3720664</value>
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            <sshPrnamt>3021</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
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        <titleOfClass>SHS</titleOfClass>
        <cusip>H42097107</cusip>
        <figi>BBG007936GX0</figi>
        <value>523131</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17029</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>17029</Sole>
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            <None>0</None>
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    <infoTable>
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        <titleOfClass>SHS</titleOfClass>
        <cusip>H42097107</cusip>
        <figi>BBG007936GX0</figi>
        <value>1878436</value>
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            <sshPrnamt>61147</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>61147</Sole>
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    <infoTable>
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        <titleOfClass>COM</titleOfClass>
        <cusip>91324P102</cusip>
        <figi>BBG001S6WCJ1</figi>
        <value>1890249</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3821</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>3821</Sole>
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            <None>0</None>
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    <infoTable>
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        <titleOfClass>COM</titleOfClass>
        <cusip>91324P102</cusip>
        <figi>BBG001S6WCJ1</figi>
        <value>4967777</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10042</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>10042</Sole>
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            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
        <cusip>91913Y100</cusip>
        <figi>BBG001S5X8K9</figi>
        <value>1116313</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6540</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>6540</Sole>
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            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
        <cusip>91913Y100</cusip>
        <figi>BBG001S5X8K9</figi>
        <value>2490196</value>
        <shrsOrPrnAmt>
            <sshPrnamt>14589</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>14589</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
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        <titleOfClass>COM</titleOfClass>
        <cusip>92532F100</cusip>
        <figi>BBG001S68LJ8</figi>
        <value>975217</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2333</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>2333</Sole>
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            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
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        <value>1821688</value>
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            <sshPrnamt>4358</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>4358</Sole>
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        <figi>BBG001SRCFY3</figi>
        <value>2786335</value>
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        <investmentDiscretion>DFND</investmentDiscretion>
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        <figi>BBG001SRCFY3</figi>
        <value>6785551</value>
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            <sshPrnamt>24314</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
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            <Sole>24314</Sole>
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        <titleOfClass>COM</titleOfClass>
        <cusip>94106L109</cusip>
        <figi>BBG001S5XH47</figi>
        <value>215921</value>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <otherManager>4</otherManager>
        <votingAuthority>
            <Sole>1013</Sole>
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</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
