The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109   38,935 227 SH   DFND 1 227 0 0
ABBVIE INC COM 00287Y109   7,310,183 42,620 SH   DFND 2 42,620 0 0
ADOBE INC COM 00724F101   1,111,080 2,000 SH   DFND 2 2,000 0 0
ADOBE INC COM 00724F101   398,878 718 SH   DFND 1 718 0 0
AGILENT TECHNOLOGIES INC COM 00846U101   2,239,359 17,275 SH   DFND 2 17,275 0 0
AIRBNB INC COM CL A 009066101   4,852,160 32,000 SH   DFND 2 32,000 0 0
AIRBNB INC COM CL A 009066101   6,065 40 SH   DFND 1 40 0 0
ALAMOS GOLD INC NEW COM CL A 011532108   4,253,263 271,200 SH   DFND   271,200 0 0
ALAMOS GOLD INC NEW COM CL A 011532108   62,732 4,000 SH   DFND 2 4,000 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101   1,707,750 22,500 SH   DFND 2 22,500 0 0
ALPHABET INC CAP STK CL C 02079K107   7,584,417 41,350 SH   DFND 2 41,350 0 0
ALPHABET INC CAP STK CL C 02079K107   43,134,515 235,168 SH   DFND 1 235,168 0 0
ALPHABET INC CAP STK CL A 02079K305   5,506,759 30,232 SH   DFND 1 30,232 0 0
ALPHABET INC CAP STK CL A 02079K305   1,639,350 9,000 SH   DFND   9,000 0 0
ALPHABET INC CAP STK CL A 02079K305   16,880,751 92,675 SH   DFND 2 92,675 0 0
AMAZON COM INC COM 023135106   27,434,930 141,966 SH   DFND 1 141,966 0 0
AMAZON COM INC COM 023135106   7,432,396 38,460 SH   DFND 2 38,460 0 0
AMERICAN EXPRESS CO COM 025816109   463,100 2,000 SH   DFND 2 2,000 0 0
AMPHENOL CORP NEW CL A 032095101   300,470 4,460 SH   DFND 1 4,460 0 0
AMPHENOL CORP NEW CL A 032095101   6,063 90 SH   DFND 2 90 0 0
ANALOG DEVICES INC COM 032654105   13,833,013 60,602 SH   DFND 1 60,602 0 0
ANALOG DEVICES INC COM 032654105   4,665,634 20,440 SH   DFND 2 20,440 0 0
ELEVANCE HEALTH INC COM 036752103   5,161,758 9,526 SH   DFND 1 9,526 0 0
ELEVANCE HEALTH INC COM 036752103   5,264,170 9,715 SH   DFND 2 9,715 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   2,715,610 23,000 SH   DFND 2 23,000 0 0
APPLE INC COM 037833100   29,046,183 137,908 SH   DFND 1 137,908 0 0
APPLE INC COM 037833100   3,224,592 15,310 SH   DFND 2 15,310 0 0
APPLIED INDL TECHNOLOGIES IN COM 03820C105   1,358,000 7,000 SH   DFND 2 7,000 0 0
APPLIED MATLS INC COM 038222105   18,552,590 78,616 SH   DFND 1 78,616 0 0
APPLIED MATLS INC COM 038222105   7,224,834 30,615 SH   DFND 2 30,615 0 0
APPLOVIN CORP COM CL A 03831W108   1,830,840 22,000 SH   DFND 2 22,000 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101   8,790,482 65,955 SH   DFND 2 65,955 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   5,069 65 SH   DFND 2 65 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   319,759 4,100 SH   DFND 1 4,100 0 0
AUTOZONE INC COM 053332102   2,148,973 725 SH   DFND 2 725 0 0
AVERY DENNISON CORP COM 053611109   3,195,132 14,613 SH   DFND 1 14,613 0 0
AVERY DENNISON CORP COM 053611109   3,468,226 15,862 SH   DFND 2 15,862 0 0
BCE INC COM NEW 05534B760   37,224 1,150 SH   DFND 2 1,150 0 0
BCE INC COM NEW 05534B760   555,251 17,154 SH   DFND 1 17,154 0 0
BANK AMERICA CORP COM 060505104   2,291,150 57,610 SH   DFND 1 57,610 0 0
BANK MONTREAL QUE COM 063671101   1,103,993 13,161 SH   DFND 1 13,161 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107   3,455,084 75,579 SH   DFND 1 75,579 0 0
BECTON DICKINSON & CO COM 075887109   1,238,663 5,300 SH   DFND   5,300 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   3,850,362 9,465 SH   DFND 1 9,465 0 0
BLACKROCK INCOME TR INC COM NEW 09247F209   24,588 2,061 SH   DFND 2 2,061 0 0
BLACKROCK INCOME TR INC COM NEW 09247F209   104,185 8,733 SH   DFND 1 8,733 0 0
BLACKROCK INC COM 09247X101   3,201,243 4,066 SH   DFND 1 4,066 0 0
BLACKROCK INC COM 09247X101   8,928,208 11,340 SH   DFND 2 11,340 0 0
BOOKING HOLDINGS INC COM 09857L108   1,584,600 400 SH   DFND 2 400 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106   5,702,765 37,055 SH   DFND 2 37,055 0 0
BROADCOM INC COM 11135F101   2,273,430 1,416 SH   DFND 1 1,416 0 0
BROADCOM INC COM 11135F101   9,544,876 5,945 SH   DFND 2 5,945 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107   1,280,293 9,250 SH   DFND 2 9,250 0 0
CBOE GLOBAL MKTS INC COM 12503M108   1,020,360 6,000 SH   DFND 2 6,000 0 0
THE CIGNA GROUP COM 125523100   1,487,565 4,500 SH   DFND 2 4,500 0 0
CVS HEALTH CORP COM 126650100   1,795,129 30,395 SH   DFND 1 30,395 0 0
CADENCE DESIGN SYSTEM INC COM 127387108   241,892 786 SH   DFND 2 786 0 0
CADENCE DESIGN SYSTEM INC COM 127387108   8,644,698 28,090 SH   DFND 1 28,090 0 0
CAMECO CORP COM 13321L108   142,653 2,900 SH   DFND   2,900 0 0
CAMECO CORP COM 13321L108   4,395,959 89,403 SH   DFND 1 89,403 0 0
CAMECO CORP COM 13321L108   8,775,423 178,400 SH   DFND 2 178,400 0 0
CANADIAN IMPERIAL BK COMM TO COM 136069101   375,782 7,908 SH   DFND 1 7,908 0 0
CANADIAN IMPERIAL BK COMM TO COM 136069101   247,203 5,200 SH   DFND   5,200 0 0
CANADIAN NATL RY CO COM 136375102   26,100,700 221,018 SH   DFND 1 221,018 0 0
CANADIAN NATL RY CO COM 136375102   401,684 3,400 SH   DFND   3,400 0 0
CANADIAN NATL RY CO COM 136375102   4,414,007 37,365 SH   DFND 2 37,365 0 0
CANADIAN NAT RES LTD COM 136385101   2,301,586 64,656 SH   DFND 1 64,656 0 0
CANADIAN NAT RES LTD COM 136385101   5,189,280 145,720 SH   DFND 2 145,720 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   984,215 12,500 SH   DFND   12,500 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   3,023,210 38,410 SH   DFND 2 38,410 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   30,534,239 387,960 SH   DFND 1 387,960 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   5,744,065 91,060 SH   DFND 2 91,060 0 0
CELESTICA INC COM 15101Q207   337,783 5,900 SH   DFND   5,900 0 0
CENOVUS ENERGY INC COM 15135U109   204,375 10,400 SH   DFND   10,400 0 0
CISCO SYS INC COM 17275R102   2,114,195 44,500 SH   DFND   44,500 0 0
CONSTELLATION BRANDS INC CL A 21036P108   9,005 35 SH   DFND 1 35 0 0
CONSTELLATION BRANDS INC CL A 21036P108   771,840 3,000 SH   DFND 2 3,000 0 0
CORPAY INC COM SHS 219948106   1,531,858 5,750 SH   DFND 2 5,750 0 0
COSTCO WHSL CORP NEW COM 22160K105   30,298,744 35,646 SH   DFND 1 35,646 0 0
COSTCO WHSL CORP NEW COM 22160K105   11,291,267 13,284 SH   DFND 2 13,284 0 0
DANAHER CORPORATION COM 235851102   3,613,331 14,462 SH   DFND 1 14,462 0 0
DECKERS OUTDOOR CORP COM 243537107   2,175,952 2,248 SH   DFND 1 2,248 0 0
DECKERS OUTDOOR CORP COM 243537107   2,429,555 2,510 SH   DFND 2 2,510 0 0
DESCARTES SYS GROUP INC COM 249906108   7,168,268 74,000 SH   DFND   74,000 0 0
DESCARTES SYS GROUP INC COM 249906108   5,326 55 SH   DFND 2 55 0 0
DESCARTES SYS GROUP INC COM 249906108   850,476 8,783 SH   DFND 1 8,783 0 0
DIGITAL RLTY TR INC COM 253868103   2,305,839 15,165 SH   DFND 2 15,165 0 0
DONALDSON INC COM 257651109   715,600 10,000 SH   DFND 2 10,000 0 0
EASTMAN CHEM CO COM 277432100   5,048,884 51,535 SH   DFND 2 51,535 0 0
EMCOR GROUP INC COM 29084Q100   912,700 2,500 SH   DFND 2 2,500 0 0
EMERSON ELEC CO COM 291011104   16,524 150 SH   DFND 1 150 0 0
EMERSON ELEC CO COM 291011104   1,189,728 10,800 SH   DFND   10,800 0 0
ENBRIDGE INC COM 29250N105   1,565,009 44,000 SH   DFND   44,000 0 0
ENBRIDGE INC COM 29250N105   430,732 12,115 SH   DFND 1 12,115 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   5,947,955 366,705 SH   DFND 1 366,705 0 0
META PLATFORMS INC CL A 30303M102   42,834,497 84,952 SH   DFND 1 84,952 0 0
META PLATFORMS INC CL A 30303M102   17,569,546 34,845 SH   DFND 2 34,845 0 0
FIRSTSERVICE CORP NEW COM 33767E202   5,553,623 36,500 SH   DFND   36,500 0 0
FIRSTSERVICE CORP NEW COM 33767E202   41,082 270 SH   DFND 2 270 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106   2,045,350 19,000 SH   DFND 2 19,000 0 0
FORTIS INC COM 349553107   1,262,853 32,500 SH   DFND   32,500 0 0
FORTINET INC COM 34959E109   1,597,155 26,500 SH   DFND 2 26,500 0 0
FREEPORT-MCMORAN INC CL B 35671D857   1,074,060 22,100 SH   DFND   22,100 0 0
GALLAGHER ARTHUR J & CO COM 363576109   17,981,333 69,343 SH   DFND 1 69,343 0 0
GALLAGHER ARTHUR J & CO COM 363576109   6,314,199 24,350 SH   DFND 2 24,350 0 0
GENTEX CORP COM 371901109   6,122,241 181,615 SH   DFND 2 181,615 0 0
GSK PLC SPONSORED ADR 37733W204   2,406,250 62,500 SH   DFND 2 62,500 0 0
GODADDY INC CL A 380237107   1,397,100 10,000 SH   DFND 2 10,000 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114   4,215,975 85,100 SH   DFND   85,100 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114   48,551 980 SH   DFND 2 980 0 0
HCA HEALTHCARE INC COM 40412C101   1,285,120 4,000 SH   DFND 2 4,000 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   2,400,200 11,000 SH   DFND 2 11,000 0 0
HOME DEPOT INC COM 437076102   18,681,905 54,270 SH   DFND 1 54,270 0 0
HOME DEPOT INC COM 437076102   9,288,972 26,984 SH   DFND 2 26,984 0 0
HOWMET AEROSPACE INC COM 443201108   7,786,677 100,305 SH   DFND 2 100,305 0 0
HUDBAY MINERALS INC COM 443628102   14,244 1,575 SH   DFND 1 1,575 0 0
HUDBAY MINERALS INC COM 443628102   3,751,954 414,700 SH   DFND   414,700 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   796,900 6,500 SH   DFND 2 6,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101   1,106,880 6,400 SH   DFND   6,400 0 0
INTUIT COM 461202103   1,807,328 2,750 SH   DFND 2 2,750 0 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508   1,052,000 50,000 SH   DFND   50,000 0 0
IQVIA HLDGS INC COM 46266C105   5,286 25 SH   DFND 2 25 0 0
IQVIA HLDGS INC COM 46266C105   331,961 1,570 SH   DFND 1 1,570 0 0
ISHARES TR ISHS 1-5YR INVS 464288646   215,720 4,210 SH   DFND 2 4,210 0 0
ISHARES TR FALN ANGLS USD 46435G474   1,209,978 46,200 SH   DFND 2 46,200 0 0
JPMORGAN CHASE & CO. COM 46625H100   385,305 1,905 SH   DFND 1 1,905 0 0
JOHNSON & JOHNSON COM 478160104   1,023,120 7,000 SH   DFND   7,000 0 0
JOHNSON & JOHNSON COM 478160104   14,616 100 SH   DFND 1 100 0 0
KLA CORP COM NEW 482480100   824,510 1,000 SH   DFND 2 1,000 0 0
KINSALE CAP GROUP INC COM 49714P108   1,926,400 5,000 SH   DFND 2 5,000 0 0
ELI LILLY & CO COM 532457108   549,566 607 SH   DFND 1 607 0 0
ELI LILLY & CO COM 532457108   6,731,500 7,435 SH   DFND 2 7,435 0 0
LINCOLN ELEC HLDGS INC COM 533900106   1,282,752 6,800 SH   DFND   6,800 0 0
LOCKHEED MARTIN CORP COM 539830109   934,200 2,000 SH   DFND 2 2,000 0 0
MARKEL GROUP INC COM 570535104   157,566 100 SH   DFND 1 100 0 0
MARKEL GROUP INC COM 570535104   393,915 250 SH   DFND 2 250 0 0
MARSH & MCLENNAN COS INC COM 571748102   24,454,477 116,052 SH   DFND 1 116,052 0 0
MARSH & MCLENNAN COS INC COM 571748102   5,146,625 24,424 SH   DFND 2 24,424 0 0
MASTERCARD INCORPORATED CL A 57636Q104   11,084,145 25,125 SH   DFND 1 25,125 0 0
MASTERCARD INCORPORATED CL A 57636Q104   15,823,968 35,869 SH   DFND 2 35,869 0 0
MCKESSON CORP COM 58155Q103   934,464 1,600 SH   DFND   1,600 0 0
MCKESSON CORP COM 58155Q103   5,218,398 8,935 SH   DFND 2 8,935 0 0
MEDPACE HLDGS INC COM 58506Q109   988,440 2,400 SH   DFND 2 2,400 0 0
MERCADOLIBRE INC COM 58733R102   3,286,800 2,000 SH   DFND 2 2,000 0 0
MICROSOFT CORP COM 594918104   58,664,422 131,255 SH   DFND 1 131,255 0 0
MICROSOFT CORP COM 594918104   20,845,748 46,640 SH   DFND 2 46,640 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109   14,086 282 SH   DFND 1 282 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109   1,123,875 22,500 SH   DFND 2 22,500 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307   6,991,366 18,110 SH   DFND 2 18,110 0 0
NVR INC COM 62944T105   1,821,254 240 SH   DFND 2 240 0 0
NAPCO SEC TECHNOLOGIES INC COM 630402105   2,207,875 42,500 SH   DFND 2 42,500 0 0
NETFLIX INC COM 64110L106   80,986 120 SH   DFND 1 120 0 0
NETFLIX INC COM 64110L106   2,362,080 3,500 SH   DFND 2 3,500 0 0
ATLAS ENERGY SOLUTIONS INC COM NEW 642045108   2,317,859 116,300 SH   DFND 1 116,300 0 0
NEWMONT CORP COM 651639106   359,813 8,600 SH   DFND   8,600 0 0
NEWMONT CORP COM 651639106   20,935 500 SH   DFND 1 500 0 0
NORTH AMERN CONSTR GROUP LTD COM 656811106   2,766,492 143,500 SH   DFND   143,500 0 0
NOVO-NORDISK A S ADR 670100205   495,308 3,470 SH   DFND 2 3,470 0 0
NOVO-NORDISK A S ADR 670100205   20,866,161 146,183 SH   DFND 1 146,183 0 0
NVIDIA CORPORATION COM 67066G104   92,655 750 SH   DFND 1 750 0 0
NVIDIA CORPORATION COM 67066G104   1,667,790 13,500 SH   DFND 2 13,500 0 0
OREILLY AUTOMOTIVE INC COM 67103H107   10,205,764 9,664 SH   DFND 1 9,664 0 0
OREILLY AUTOMOTIVE INC COM 67103H107   2,694,009 2,551 SH   DFND 2 2,551 0 0
PACCAR INC COM 693718108   669,110 6,500 SH   DFND 2 6,500 0 0
PARKER-HANNIFIN CORP COM 701094104   2,645,892 5,231 SH   DFND 1 5,231 0 0
PARKER-HANNIFIN CORP COM 701094104   2,905,878 5,745 SH   DFND 2 5,745 0 0
PAYCHEX INC COM 704326107   948,480 8,000 SH   DFND 2 8,000 0 0
PEMBINA PIPELINE CORP COM 706327103   37,096 1,000 SH   DFND 2 1,000 0 0
PEMBINA PIPELINE CORP COM 706327103   1,502,379 40,500 SH   DFND   40,500 0 0
PEMBINA PIPELINE CORP COM 706327103   1,960,919 52,883 SH   DFND 1 52,883 0 0
PEPSICO INC COM 713448108   16,493 100 SH   DFND 1 100 0 0
PEPSICO INC COM 713448108   2,572,908 15,600 SH   DFND 2 15,600 0 0
PHILIP MORRIS INTL INC COM 718172109   1,013,300 10,000 SH   DFND 2 10,000 0 0
PROGRESSIVE CORP COM 743315103   623,130 3,000 SH   DFND 2 3,000 0 0
PUBLIC STORAGE OPER CO COM 74460D109   891,715 3,100 SH   DFND   3,100 0 0
QUALCOMM INC COM 747525103   796,720 4,000 SH   DFND 2 4,000 0 0
RAYMOND JAMES FINL INC COM 754730109   902,353 7,300 SH   DFND   7,300 0 0
REPUBLIC SVCS INC COM 760759100   1,865,664 9,600 SH   DFND   9,600 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   208,382 5,635 SH   DFND 2 5,635 0 0
ROGERS COMMUNICATIONS INC CL B 775109200   2,646,213 71,590 SH   DFND 1 71,590 0 0
ROYAL BK CDA COM 780087102   28,493,103 267,798 SH   DFND 1 267,798 0 0
ROYAL BK CDA COM 780087102   3,544,521 33,300 SH   DFND   33,300 0 0
ROYAL BK CDA COM 780087102   10,890,601 102,329 SH   DFND 2 102,329 0 0
RYAN SPECIALTY HOLDINGS INC CL A 78351F107   579,100 10,000 SH   DFND 2 10,000 0 0
S&P GLOBAL INC COM 78409V104   29,651,864 66,484 SH   DFND 1 66,484 0 0
S&P GLOBAL INC COM 78409V104   14,492,770 32,495 SH   DFND 2 32,495 0 0
SPDR GOLD TR GOLD SHS 78463V107   1,813,609 8,435 SH   DFND 1 8,435 0 0
SALESFORCE INC COM 79466L302   25,710 100 SH   DFND 1 100 0 0
SALESFORCE INC COM 79466L302   3,856,500 15,000 SH   DFND 2 15,000 0 0
SCHWAB CHARLES CORP COM 808513105   2,712,382 36,808 SH   DFND 1 36,808 0 0
SCHWAB CHARLES CORP COM 808513105   8,849,432 120,090 SH   DFND 2 120,090 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   47,400 1,153 SH   DFND 1 1,153 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   426,681 10,379 SH   DFND 2 10,379 0 0
SIMPLIFY EXCHANGE TRADED FUN SHORT TERM TREA 82889N657   10,970 515 SH   DFND 1 515 0 0
SIMPLIFY EXCHANGE TRADED FUN SHORT TERM TREA 82889N657   2,628,867 123,421 SH   DFND 2 123,421 0 0
SIMPLIFY EXCHANGE TRADED FUN VOLATILITY PREM 82889N863   5,955,022 265,139 SH   DFND 1 265,139 0 0
SIMPLIFY EXCHANGE TRADED FUN VOLATILITY PREM 82889N863   813,479 36,219 SH   DFND 2 36,219 0 0
SOUTHERN COPPER CORP COM 84265V105   6,210,026 57,639 SH   DFND 2 57,639 0 0
STANTEC INC COM 85472N109   842,920 10,075 SH   DFND 1 10,075 0 0
SUN LIFE FINANCIAL INC. COM 866796105   291,367 5,946 SH   DFND 1 5,946 0 0
SYSCO CORP COM 871829107   2,687,834 37,650 SH   DFND 2 37,650 0 0
TCW STRATEGIC INCOME FD INC COM 872340104   134,379 28,350 SH   DFND 1 28,350 0 0
TCW STRATEGIC INCOME FD INC COM 872340104   31,734 6,695 SH   DFND 2 6,695 0 0
TFI INTL INC COM 87241L109   2,966,884 20,445 SH   DFND 2 20,445 0 0
TFI INTL INC COM 87241L109   23,739,008 163,596 SH   DFND 1 163,596 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   188,931 1,087 SH   DFND 1 1,087 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   8,006,558 46,065 SH   DFND 2 46,065 0 0
TARGET CORP COM 87612E106   1,554,420 10,500 SH   DFND 2 10,500 0 0
TELUS CORPORATION COM 87971M103   217,006 14,344 SH   DFND 1 14,344 0 0
TELUS CORPORATION COM 87971M103   1,348,530 89,100 SH   DFND   89,100 0 0
TEMPUR SEALY INTL INC COM 88023U101   3,303,385 69,780 SH   DFND 2 69,780 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102   1,027,978 1,400 SH   DFND 2 1,400 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   21,618,982 39,094 SH   DFND 1 39,094 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   5,681,522 10,274 SH   DFND 2 10,274 0 0
THOMSON REUTERS CORP. COM 884903808   35,693,237 211,878 SH   DFND 1 211,878 0 0
THOMSON REUTERS CORP. COM 884903808   217,989 1,294 SH   DFND 2 1,294 0 0
TOLL BROTHERS INC COM 889478103   3,316,608 28,795 SH   DFND 2 28,795 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   3,908,156 71,143 SH   DFND 1 71,143 0 0
TRADEWEB MKTS INC CL A 892672106   1,484,000 14,000 SH   DFND 2 14,000 0 0
UNITED RENTALS INC COM 911363109   358,288 554 SH   DFND 1 554 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102   637,100 2,000 SH   DFND 2 2,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102   21,102,207 41,437 SH   DFND 1 41,437 0 0
UNITEDHEALTH GROUP INC COM 91324P102   916,668 1,800 SH   DFND   1,800 0 0
UNITEDHEALTH GROUP INC COM 91324P102   4,083,756 8,019 SH   DFND 2 8,019 0 0
VANGUARD BD INDEX FDS SHORT TRM BOND 921937827   1,096,427 14,295 SH   DFND 2 14,295 0 0
VANGUARD BD INDEX FDS SHORT TRM BOND 921937827   50,622 660 SH   DFND 1 660 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835   1,185,583 16,455 SH   DFND 1 16,455 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835   436,623 6,060 SH   DFND 2 6,060 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   885,572 11,460 SH   DFND 2 11,460 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   2,897,813 37,500 SH   DFND 1 37,500 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   731,690 1,463 SH   DFND 1 1,463 0 0
VEREN INC COM NEW 92340V107   958,866 121,600 SH   DFND   121,600 0 0
VERSABANK NEW COM 92512J106   198,072 18,400 SH   DFND   18,400 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100   10,877,585 23,207 SH   DFND 1 23,207 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100   2,555,461 5,452 SH   DFND 2 5,452 0 0
VISA INC COM CL A 92826C839   1,889,784 7,200 SH   DFND   7,200 0 0
VISA INC COM CL A 92826C839   28,265,132 107,689 SH   DFND 1 107,689 0 0
VISA INC COM CL A 92826C839   10,432,658 39,748 SH   DFND 2 39,748 0 0
WALMART INC COM 931142103   38,726,531 571,947 SH   DFND 1 571,947 0 0
WALMART INC COM 931142103   5,837,617 86,215 SH   DFND 2 86,215 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   454,956 61,150 SH   DFND 1 61,150 0 0
WASTE CONNECTIONS INC COM 94106B101   4,234,534 24,140 SH   DFND 2 24,140 0 0
YUM BRANDS INC COM 988498101   4,636 35 SH   DFND 2 35 0 0
YUM BRANDS INC COM 988498101   209,949 1,585 SH   DFND 1 1,585 0 0
ARCH CAP GROUP LTD ORD G0450A105   174,540 1,730 SH   DFND 1 1,730 0 0
ARCH CAP GROUP LTD ORD G0450A105   4,000,289 39,650 SH   DFND 2 39,650 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   1,638,414 5,400 SH   DFND 1 5,400 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   6,513,910 21,469 SH   DFND 2 21,469 0 0
EATON CORP PLC SHS G29183103   38,036,123 121,308 SH   DFND 1 121,308 0 0
EATON CORP PLC SHS G29183103   16,412,775 52,345 SH   DFND 2 52,345 0 0
FERGUSON PLC NEW SHS G3421J106   4,297,123 22,325 SH   DFND 2 22,325 0 0
FERGUSON PLC NEW SHS G3421J106   272,360 1,415 SH   DFND 1 1,415 0 0
ICON PLC SHS G4705A100   203,756 650 SH   DFND 1 650 0 0
ICON PLC SHS G4705A100   5,122,100 16,340 SH   DFND 2 16,340 0 0
LINDE PLC SHS G54950103   23,407,881 53,344 SH   DFND 1 53,344 0 0
LINDE PLC SHS G54950103   9,378,247 21,372 SH   DFND 2 21,372 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102   941,370 3,000 SH   DFND 2 3,000 0 0
WIX COM LTD SHS M98068105   2,545,120 16,000 SH   DFND 2 16,000 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   6,665,131 6,517 SH   DFND 1 6,517 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   2,909,667 2,845 SH   DFND 2 2,845 0 0