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        <nameOfIssuer>AUTOMATIC DATA PROCESSING IN</nameOfIssuer>
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        <cusip>053015103</cusip>
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            <sshPrnamt>34128</sshPrnamt>
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        <nameOfIssuer>AVIS BUDGET GROUP INC</nameOfIssuer>
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        <nameOfIssuer>BRISTOL-MYERS SQUIBB CO</nameOfIssuer>
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        <nameOfIssuer>C H ROBINSON WORLDWIDE IN</nameOfIssuer>
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        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>16791</sshPrnamt>
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        <nameOfIssuer>CF INDUSTRIES HOLD</nameOfIssuer>
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        <cusip>125269100</cusip>
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            <sshPrnamt>20116</sshPrnamt>
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        <nameOfIssuer>CHARLES RIV LABS INTL INC</nameOfIssuer>
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        <nameOfIssuer>CHUBB LTD SWITZ</nameOfIssuer>
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        <nameOfIssuer>CINCINNATI FINL CORP</nameOfIssuer>
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        <nameOfIssuer>COCA-COLA EUROPACIFIC PARTNE</nameOfIssuer>
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        <titleOfClass>COM</titleOfClass>
        <cusip>21037T109</cusip>
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        <titleOfClass>COM</titleOfClass>
        <cusip>219350105</cusip>
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        <nameOfIssuer>CVR PARTNERS LP/CVR NITROGEN</nameOfIssuer>
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        <nameOfIssuer>ECOLAB INC</nameOfIssuer>
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        <nameOfIssuer>EDISON INTL</nameOfIssuer>
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        <nameOfIssuer>EDWARDS LIFESCIENCES CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>ELASTIC N V</nameOfIssuer>
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        <value>17816436</value>
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        <titleOfClass>COM</titleOfClass>
        <cusip>29261A100</cusip>
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        <nameOfIssuer>ENTERPRISE PRODS PARTNERS L</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>293792107</cusip>
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        <cusip>29476L107</cusip>
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            <Sole>44340</Sole>
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        <nameOfIssuer>ERIE INDTY CO</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>29530P102</cusip>
        <value>289760</value>
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            <sshPrnamt>1153</sshPrnamt>
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        <nameOfIssuer>EVEREST GROUP LTD</nameOfIssuer>
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        <nameOfIssuer>EXELON CORP</nameOfIssuer>
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        <nameOfIssuer>EXLSERVICE HLDGS INC</nameOfIssuer>
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        <cusip>302081104</cusip>
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        <nameOfIssuer>EXPAND ENERGY CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>165167735</cusip>
        <value>814238</value>
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            <sshPrnamt>7417</sshPrnamt>
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        <nameOfIssuer>EXPEDIA GROUP INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>30212P303</cusip>
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        <nameOfIssuer>EXPEDITORS INTL WASH INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>302130109</cusip>
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        <nameOfIssuer>EXTRA SPACE STORAGE INC</nameOfIssuer>
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        <nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>F5 INC</nameOfIssuer>
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        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>FEDERAL RLTY INVT TR NEW</nameOfIssuer>
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        <nameOfIssuer>FIDELITY NATL INFORMATION SV</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <titleOfClass>COM</titleOfClass>
        <cusip>34959E109</cusip>
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        <nameOfIssuer>FRANKLIN RESOURCES INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>HEALTHPEAK PROPERTIES INC</nameOfIssuer>
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            <Sole>138595</Sole>
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        <titleOfClass>COM</titleOfClass>
        <cusip>615369105</cusip>
        <value>3039790</value>
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            <sshPrnamt>6968</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>6968</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>617446448</cusip>
        <value>8992105</value>
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            <sshPrnamt>54640</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>54640</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>MORNINGSTAR INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>617700109</cusip>
        <value>2808428</value>
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            <sshPrnamt>16613</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>16613</Sole>
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            <None>0</None>
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        <nameOfIssuer>MOTOROLA SOLUTIONS INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>620076307</cusip>
        <value>12656735</value>
        <shrsOrPrnAmt>
            <sshPrnamt>29165</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>29165</Sole>
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            <None>0</None>
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        <nameOfIssuer>MPLX LP</nameOfIssuer>
        <titleOfClass>COM UNIT REP LTD</titleOfClass>
        <cusip>55336V100</cusip>
        <value>100911174</value>
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            <sshPrnamt>1768200</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1768200</Sole>
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            <None>0</None>
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        <nameOfIssuer>MSCI INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>55354G100</cusip>
        <value>1798676</value>
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            <sshPrnamt>3337</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>3337</Sole>
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            <None>0</None>
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        <nameOfIssuer>MUELLER INDS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>624756102</cusip>
        <value>3058080</value>
        <shrsOrPrnAmt>
            <sshPrnamt>27600</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>27600</Sole>
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            <None>0</None>
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        <nameOfIssuer>NASDAQ INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>631103108</cusip>
        <value>1731416</value>
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            <sshPrnamt>20396</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>20396</Sole>
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            <None>0</None>
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        <nameOfIssuer>NATURAL RESOURCE PARTNERS LP</nameOfIssuer>
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        <cusip>63900P608</cusip>
        <value>21828400</value>
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            <sshPrnamt>180400</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>180400</Sole>
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            <None>0</None>
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        <nameOfIssuer>NAVIOS MARITIME PARTNERS LP</nameOfIssuer>
        <titleOfClass>COM UNIT LPI</titleOfClass>
        <cusip>Y62267409</cusip>
        <value>10898020</value>
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            <sshPrnamt>161500</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>161500</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NEKTAR THERAPEUTICS</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>640268306</cusip>
        <value>7195000</value>
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            <sshPrnamt>100000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>100000</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NEOGEN CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>640491106</cusip>
        <value>82720947</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8904300</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>8904300</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NETAPP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>64110D104</cusip>
        <value>1079600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10544</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>10544</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>14943633</value>
        <shrsOrPrnAmt>
            <sshPrnamt>155420</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>155420</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NEWMARKET CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>651587107</cusip>
        <value>2756085</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4300</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>4300</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NEWMONT CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>651639106</cusip>
        <value>30229895</value>
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            <sshPrnamt>279260</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>279260</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NEWS CORP NEW</nameOfIssuer>
        <titleOfClass>CL B</titleOfClass>
        <cusip>65249B208</cusip>
        <value>449318</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15760</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>15760</Sole>
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            <None>0</None>
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        <nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>65339F101</cusip>
        <value>221519</value>
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            <sshPrnamt>2385</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>2385</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NGL ENERGY PARTNERS LP</nameOfIssuer>
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        <cusip>62913M107</cusip>
        <value>65494531</value>
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            <sshPrnamt>5311803</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>5311803</Sole>
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            <None>0</None>
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        <nameOfIssuer>NISOURCE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>65473P105</cusip>
        <value>738021</value>
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            <sshPrnamt>15817</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>15817</Sole>
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            <None>0</None>
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        <nameOfIssuer>NORDSON CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>655663102</cusip>
        <value>1815860</value>
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            <sshPrnamt>6825</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>6825</Sole>
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        <nameOfIssuer>NORFOLK SOUTHN CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>655844108</cusip>
        <value>64363481</value>
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            <sshPrnamt>224263</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>224263</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>NORTHERN TR CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>665859104</cusip>
        <value>1181181</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8463</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>8463</Sole>
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            <None>0</None>
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        <nameOfIssuer>NORTHROP GRUMMAN CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>666807102</cusip>
        <value>11738621</value>
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            <sshPrnamt>17206</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>17206</Sole>
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            <None>0</None>
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        <nameOfIssuer>NORWEGIAN CRUISE LINE HLDGS</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>G66721104</cusip>
        <value>73969346</value>
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            <sshPrnamt>3955580</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>3955580</Sole>
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            <None>0</None>
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        <nameOfIssuer>NRG ENERGY INC</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>629377508</cusip>
        <value>10374479</value>
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            <sshPrnamt>70990</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>70990</Sole>
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            <None>0</None>
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        <nameOfIssuer>NU HLDGS LTD</nameOfIssuer>
        <titleOfClass>ORD SHS CL A</titleOfClass>
        <cusip>G6683N103</cusip>
        <value>3679338</value>
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            <sshPrnamt>256043</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>256043</Sole>
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        <nameOfIssuer>NUCOR CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>670346105</cusip>
        <value>4991156</value>
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            <sshPrnamt>29516</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>29516</Sole>
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        <nameOfIssuer>NUTANIX INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>67059N108</cusip>
        <value>11163537</value>
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            <sshPrnamt>293700</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>293700</Sole>
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            <None>0</None>
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        <nameOfIssuer>NVENT ELEC PLC</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>G6700G107</cusip>
        <value>7688200</value>
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            <sshPrnamt>65000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>65000</Sole>
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            <None>0</None>
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        <nameOfIssuer>NVIDIA CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>67066G104</cusip>
        <value>1473672152</value>
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            <sshPrnamt>8449955</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>8449955</Sole>
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            <None>0</None>
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        <nameOfIssuer>NVR INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>62944T105</cusip>
        <value>2372339</value>
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            <sshPrnamt>360</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>360</Sole>
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            <None>0</None>
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    <infoTable>
        <nameOfIssuer>NXP SEMICONDUCTORS N V</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>N6596X109</cusip>
        <value>19042662</value>
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            <sshPrnamt>96732</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>96732</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>OCCIDENTAL PETE CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>674599105</cusip>
        <value>5616455</value>
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            <sshPrnamt>86407</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>86407</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ORACLE CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68389X105</cusip>
        <value>111908195</value>
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            <sshPrnamt>760711</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
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            <Sole>760711</Sole>
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            <None>0</None>
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        <nameOfIssuer>OREILLY AUTOMOTIVE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>67103H107</cusip>
        <value>83734678</value>
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            <sshPrnamt>907103</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>907103</Sole>
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            <None>0</None>
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        <nameOfIssuer>OTIS WORLDWIDE CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68902V107</cusip>
        <value>25238613</value>
        <shrsOrPrnAmt>
            <sshPrnamt>327434</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>327434</Sole>
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            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>OWENS CORNING NEW</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>690742101</cusip>
        <value>1082200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10000</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>10000</Sole>
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            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>PACKAGING CORP AMER</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>695156109</cusip>
        <value>342735</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1615</sshPrnamt>
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        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1615</Sole>
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            <None>0</None>
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        <nameOfIssuer>PALANTIR TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>69608A108</cusip>
        <value>147875769</value>
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        <value>50585705</value>
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            <sshPrnamt>233512</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>233512</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>ROYAL CARIBBEAN GROUP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>V7780T103</cusip>
        <value>756195</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2748</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>2748</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RTX CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>75513E101</cusip>
        <value>23594756</value>
        <shrsOrPrnAmt>
            <sshPrnamt>122316</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>122316</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>RUBRIK INC.</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>781154109</cusip>
        <value>16360877</value>
        <shrsOrPrnAmt>
            <sshPrnamt>334100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>334100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>S&amp;P GLOBAL INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>78409V104</cusip>
        <value>5911375</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13898</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>13898</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SALESFORCE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>79466L302</cusip>
        <value>26254949</value>
        <shrsOrPrnAmt>
            <sshPrnamt>140649</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>140649</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SANDISK CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>80004C200</cusip>
        <value>112167371</value>
        <shrsOrPrnAmt>
            <sshPrnamt>176547</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>176547</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SBA COMMUNICATIONS CORP</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>78410G104</cusip>
        <value>2364964</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13741</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>13741</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SCHWAB CHARLES CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>808513105</cusip>
        <value>1891911</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20131</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>20131</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SEADRILL LTD</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>G7997W102</cusip>
        <value>19770342</value>
        <shrsOrPrnAmt>
            <sshPrnamt>434513</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>434513</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SEAGATE TECHNOLOGY HLDNGS PL</nameOfIssuer>
        <titleOfClass>ORD SHS</titleOfClass>
        <cusip>G7997R103</cusip>
        <value>10031015</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25605</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>25605</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SEALED AIR CORP NEW</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>81211K100</cusip>
        <value>24536175</value>
        <shrsOrPrnAmt>
            <sshPrnamt>583500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>583500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
        <titleOfClass>STATE STREET MAT</titleOfClass>
        <cusip>81369Y100</cusip>
        <value>101642028</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2034061</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>2034061</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
        <titleOfClass>STATE STREET IND</titleOfClass>
        <cusip>81369Y704</cusip>
        <value>229588026</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1419576</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1419576</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SENSATA TECHNOLOGIES HLDG PL</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>G8060N102</cusip>
        <value>1056600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>30000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>30000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SERVICENOW INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>81762P102</cusip>
        <value>35505494</value>
        <shrsOrPrnAmt>
            <sshPrnamt>339603</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>339603</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHERWIN WILLIAMS CO</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>824348106</cusip>
        <value>63611865</value>
        <shrsOrPrnAmt>
            <sshPrnamt>198446</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>198446</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SHOPIFY INC</nameOfIssuer>
        <titleOfClass>CL A SUB VTG SHS</titleOfClass>
        <cusip>82509L107</cusip>
        <value>3879111</value>
        <shrsOrPrnAmt>
            <sshPrnamt>32702</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>32702</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SIX FLAGS ENTERTAINMENT CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>83001C108</cusip>
        <value>18566500</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1046000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>1046000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SMITHFIELD FOODS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>832248207</cusip>
        <value>8614760</value>
        <shrsOrPrnAmt>
            <sshPrnamt>308000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>308000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SMUCKER J M CO</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>832696405</cusip>
        <value>4936474</value>
        <shrsOrPrnAmt>
            <sshPrnamt>51187</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>51187</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOLAREDGE TECHNOLOGIES INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>83417M104</cusip>
        <value>24504000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>480000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>480000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SOLSTICE ADVANCED MATLS INC</nameOfIssuer>
        <titleOfClass>COM SHS</titleOfClass>
        <cusip>83443Q103</cusip>
        <value>16823744</value>
        <shrsOrPrnAmt>
            <sshPrnamt>220900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>220900</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STATE STR CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>857477103</cusip>
        <value>1604148</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12675</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>12675</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STATE STR SPDR S&amp;P 500 ETF T</nameOfIssuer>
        <titleOfClass>TR UNIT</titleOfClass>
        <cusip>78462F103</cusip>
        <value>61951388</value>
        <shrsOrPrnAmt>
            <sshPrnamt>95260</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>95260</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STERIS PLC</nameOfIssuer>
        <titleOfClass>SHS USD</titleOfClass>
        <cusip>G8473T100</cusip>
        <value>2828253</value>
        <shrsOrPrnAmt>
            <sshPrnamt>12790</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>12790</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STIFEL FINL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>860630102</cusip>
        <value>997920</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>13500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>STRYKER CORPORATION</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>863667101</cusip>
        <value>22257701</value>
        <shrsOrPrnAmt>
            <sshPrnamt>67737</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>67737</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUBURBAN PROPANE PARTNERS L</nameOfIssuer>
        <titleOfClass>UNIT LTD PARTN</titleOfClass>
        <cusip>864482104</cusip>
        <value>2266319</value>
        <shrsOrPrnAmt>
            <sshPrnamt>115100</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>115100</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SUNOCO LP/SUNOCO FIN CORP</nameOfIssuer>
        <titleOfClass>COM UT REP LP</titleOfClass>
        <cusip>86765K109</cusip>
        <value>10655080</value>
        <shrsOrPrnAmt>
            <sshPrnamt>164000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>164000</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SYLVAMO CORP</nameOfIssuer>
        <titleOfClass>COMMON STOCK</titleOfClass>
        <cusip>871332102</cusip>
        <value>5068842</value>
        <shrsOrPrnAmt>
            <sshPrnamt>120001</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>120001</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SYNCHRONY FINANCIAL</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>87165B103</cusip>
        <value>1073832</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15787</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>15787</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SYNOPSYS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>871607107</cusip>
        <value>24027481</value>
        <shrsOrPrnAmt>
            <sshPrnamt>60602</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>60602</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>SYSCO CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>871829107</cusip>
        <value>2480001</value>
        <shrsOrPrnAmt>
            <sshPrnamt>34768</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>34768</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TAIWAN SEMICONDUCTOR MANUFAC</nameOfIssuer>
        <titleOfClass>SPONSORED ADS</titleOfClass>
        <cusip>874039100</cusip>
        <value>6763055</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20012</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>20012</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TAKE-TWO INTERACTIVE SOFTWAR</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>874054109</cusip>
        <value>493750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>2500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TALEN ENERGY CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>87422Q109</cusip>
        <value>5267295</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>16500</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TAPESTRY INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>876030107</cusip>
        <value>2388428</value>
        <shrsOrPrnAmt>
            <sshPrnamt>16926</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>16926</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TE CONNECTIVITY PLC</nameOfIssuer>
        <titleOfClass>ORD SHS</titleOfClass>
        <cusip>G87052109</cusip>
        <value>7910153</value>
        <shrsOrPrnAmt>
            <sshPrnamt>37844</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>37844</Sole>
            <Shared>0</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>TECHNIPFMC PLC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>G87110105</cusip>
        <value>5052988</value>
        <shrsOrPrnAmt>
            <sshPrnamt>73094</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>DFND</investmentDiscretion>
        <votingAuthority>
            <Sole>73094</Sole>
            <Shared>0</Shared>
            <None>0</None>
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        <nameOfIssuer>TESLA INC</nameOfIssuer>
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        <nameOfIssuer>TEXAS INSTRS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>THE CIGNA GROUP</nameOfIssuer>
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        <nameOfIssuer>THE TRADE DESK INC</nameOfIssuer>
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        <nameOfIssuer>THOMSON REUTERS CORP</nameOfIssuer>
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        <nameOfIssuer>TJX COS INC NEW</nameOfIssuer>
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            <Sole>127754</Sole>
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        <nameOfIssuer>TORO CO</nameOfIssuer>
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            <sshPrnamt>58900</sshPrnamt>
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            <Sole>58900</Sole>
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        <nameOfIssuer>TORRID HLDGS INC</nameOfIssuer>
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        <cusip>89142B107</cusip>
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        <nameOfIssuer>TRANE TECHNOLOGIES PLC</nameOfIssuer>
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        <nameOfIssuer>TRANSDIGM GROUP INC</nameOfIssuer>
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            <Sole>283</Sole>
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        <nameOfIssuer>TRAVELERS COMPANIES INC</nameOfIssuer>
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        <cusip>89417E109</cusip>
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        <nameOfIssuer>TREX INC</nameOfIssuer>
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        <nameOfIssuer>TRUIST FINL CORP</nameOfIssuer>
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        <nameOfIssuer>TXO PARTNERS LP</nameOfIssuer>
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        <nameOfIssuer>TYSON FOODS INC</nameOfIssuer>
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        <nameOfIssuer>UBER TECHNOLOGIES INC</nameOfIssuer>
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        <nameOfIssuer>VIATRIS INC</nameOfIssuer>
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</informationTable>
