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value="Sedol"/></identifiers><balance>9618</balance><units>NS</units><curCd>USD</curCd><valUSD>1800682</valUSD><pctVal>0.3</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BJ's Wholesale Club Holdings I</name><lei>549300UCIWH1C93V0J03</lei><title>BJ's Wholesale Club Holdings Inc</title><cusip>05550J101</cusip><identifiers><isin value="US05550J1016"/><ticker value="BJ US"/><other otherDesc="BFZNZF8" value="Sedol"/></identifiers><balance>31101</balance><units>NS</units><curCd>USD</curCd><valUSD>2073193</valUSD><pctVal>0.346</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bank of America Corp</name><lei>9DJT3UXIJIZJI4WXO774</lei><title>Bank of America Corp</title><cusip>060505104</cusip><identifiers><isin value="US0605051046"/><ticker value="BAC US"/><other otherDesc="2295677" value="Sedol"/></identifiers><balance>127962</balance><units>NS</units><curCd>USD</curCd><valUSD>4308481</valUSD><pctVal>0.718</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bank of Montreal</name><lei>NQQ6HPCNCCU6TUTQYE16</lei><title>Bank of Montreal</title><cusip>063671101</cusip><identifiers><isin value="CA0636711016"/><ticker value="BMO US"/><other otherDesc="2073174" value="Sedol"/></identifiers><balance>26937</balance><units>NS</units><curCd>USD</curCd><valUSD>2665147</valUSD><pctVal>0.444</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Becton Dickinson &amp; Co</name><lei>ICE2EP6D98PQUILVRZ91</lei><title>Becton Dickinson and Co</title><cusip>075887109</cusip><identifiers><isin value="US0758871091"/><ticker value="BDX US"/><other otherDesc="2087807" value="Sedol"/></identifiers><balance>8712</balance><units>NS</units><curCd>USD</curCd><valUSD>2124247</valUSD><pctVal>0.354</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Berkshire Hathaway Inc</name><lei>5493000C01ZX7D35SD85</lei><title>Berkshire Hathaway Inc</title><cusip>084670702</cusip><identifiers><isin value="US0846707026"/><ticker value="BRK/B US"/><other otherDesc="2073390" value="Sedol"/></identifiers><balance>28969</balance><units>NS</units><curCd>USD</curCd><valUSD>10332084</valUSD><pctVal>1.723</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BlackRock Inc</name><lei>549300LRIF3NWCU26A80</lei><title>BlackRock Inc</title><cusip>09247X101</cusip><identifiers><isin value="US09247X1019"/><ticker value="BLK US"/><other otherDesc="2494504" value="Sedol"/></identifiers><balance>9984</balance><units>NS</units><curCd>USD</curCd><valUSD>8105011</valUSD><pctVal>1.351</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Broadcom Inc</name><lei>549300WV6GIDOZJTV909</lei><title>Broadcom Inc</title><cusip>11135F101</cusip><identifiers><isin value="US11135F1012"/><ticker value="AVGO US"/><other otherDesc="BDZ78H9" value="Sedol"/></identifiers><balance>7347</balance><units>NS</units><curCd>USD</curCd><valUSD>8201089</valUSD><pctVal>1.367</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cboe Global Markets Inc</name><lei>529900RLNSGA90UPEH54</lei><title>Cboe Global Markets Inc</title><cusip>12503M108</cusip><identifiers><isin value="US12503M1080"/><ticker value="CBOE US"/><other otherDesc="B5834C5" value="Sedol"/></identifiers><balance>30083</balance><units>NS</units><curCd>USD</curCd><valUSD>5371621</valUSD><pctVal>0.896</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CBRE Group Inc</name><lei>52990016II9MJ2OSWA10</lei><title>CBRE Group Inc</title><cusip>12504L109</cusip><identifiers><isin value="US12504L1098"/><ticker value="CBRE US"/><other otherDesc="B6WVMH3" value="Sedol"/></identifiers><balance>33975</balance><units>NS</units><curCd>USD</curCd><valUSD>3162733</valUSD><pctVal>0.527</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CME Group Inc</name><lei>LCZ7XYGSLJUHFXXNXD88</lei><title>CME Group Inc</title><cusip>12572Q105</cusip><identifiers><isin value="US12572Q1058"/><ticker value="CME US"/><other otherDesc="2965839" value="Sedol"/></identifiers><balance>14400</balance><units>NS</units><curCd>USD</curCd><valUSD>3032640</valUSD><pctVal>0.506</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Campbell Soup Co</name><lei>5493007JDSMX8Z5Z1902</lei><title>Campbell Soup Co</title><cusip>134429109</cusip><identifiers><isin value="US1344291091"/><ticker value="CPB US"/><other otherDesc="2162845" value="Sedol"/></identifiers><balance>50546</balance><units>NS</units><curCd>USD</curCd><valUSD>2185104</valUSD><pctVal>0.364</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Canadian National Railway Co</name><lei>3SU7BEP7TH9YEQOZCS77</lei><title>Canadian National Railway Co</title><cusip>136375102</cusip><identifiers><isin value="CA1363751027"/><ticker value="CNI US"/><other otherDesc="2210959" value="Sedol"/></identifiers><balance>19302</balance><units>NS</units><curCd>USD</curCd><valUSD>2424910</valUSD><pctVal>0.404</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Canadian Pacific Kansas City L</name><lei>N/A</lei><title>Canadian Pacific Kansas City Ltd</title><cusip>13646K108</cusip><identifiers><isin value="CA13646K1084"/><ticker value="CP CN"/><other otherDesc="BNVTFQ7" value="Sedol"/></identifiers><balance>30697</balance><units>NS</units><curCd>USD</curCd><valUSD>2426905</valUSD><pctVal>0.405</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><loanByFundCondition isLoanByFund="Y" loanVal="1825414.38"/></securityLending></invstOrSec><invstOrSec><name>Cardinal Health Inc</name><lei>CCU46N3GJMF4OK4N7U60</lei><title>Cardinal Health Inc</title><cusip>14149Y108</cusip><identifiers><isin value="US14149Y1082"/><ticker value="CAH US"/><other otherDesc="2175672" value="Sedol"/></identifiers><balance>32803</balance><units>NS</units><curCd>USD</curCd><valUSD>3306542</valUSD><pctVal>0.551</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Chesapeake Energy Corp</name><lei>X2MT1W32SPAZ9WSKLE78</lei><title>Chesapeake Energy Corp</title><cusip>165167735</cusip><identifiers><isin value="US1651677353"/><ticker value="CHK US"/><other otherDesc="BMZ5LZ5" value="Sedol"/></identifiers><balance>36301</balance><units>NS</units><curCd>USD</curCd><valUSD>2792999</valUSD><pctVal>0.466</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><loanByFundCondition isLoanByFund="Y" loanVal="2110482"/></securityLending></invstOrSec><invstOrSec><name>Chevron Corp</name><lei>N/A</lei><title>Chevron Corp</title><cusip>166764100</cusip><identifiers><isin value="US1667641005"/><ticker value="CVX US"/><other otherDesc="2838555" value="Sedol"/></identifiers><balance>47831</balance><units>NS</units><curCd>USD</curCd><valUSD>7134472</valUSD><pctVal>1.19</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Coca-Cola Co/The</name><lei>UWJKFUJFZ02DKWI3RY53</lei><title>Coca-Cola Co</title><cusip>191216100</cusip><identifiers><isin value="US1912161007"/><ticker value="KO US"/><other otherDesc="2206657" value="Sedol"/></identifiers><balance>51397</balance><units>NS</units><curCd>USD</curCd><valUSD>3028825</valUSD><pctVal>0.505</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Colgate-Palmolive Co</name><lei>YMEGZFW4SBUSS5BQXF88</lei><title>Colgate-Palmolive Co</title><cusip>194162103</cusip><identifiers><isin value="US1941621039"/><ticker value="CL US"/><other otherDesc="2209106" value="Sedol"/></identifiers><balance>94523</balance><units>NS</units><curCd>USD</curCd><valUSD>7534428</valUSD><pctVal>1.256</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Consolidated Edison Inc</name><lei>54930033SBW53OO8T749</lei><title>Consolidated Edison Inc</title><cusip>209115104</cusip><identifiers><isin value="US2091151041"/><ticker value="ED US"/><other otherDesc="2216850" value="Sedol"/></identifiers><balance>21415</balance><units>NS</units><curCd>USD</curCd><valUSD>1948123</valUSD><pctVal>0.325</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Copart Inc</name><lei>549300KVYX3JWMYEHU61</lei><title>Copart Inc</title><cusip>217204106</cusip><identifiers><isin value="US2172041061"/><ticker value="CPRT US"/><other otherDesc="2208073" value="Sedol"/></identifiers><balance>105968</balance><units>NS</units><curCd>USD</curCd><valUSD>5192432</valUSD><pctVal>0.866</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Costco Wholesale Corp</name><lei>29DX7H14B9S6O3FD6V18</lei><title>Costco Wholesale Corp</title><cusip>22160K105</cusip><identifiers><isin value="US22160K1051"/><ticker value="COST US"/><other otherDesc="2701271" value="Sedol"/></identifiers><balance>4508</balance><units>NS</units><curCd>USD</curCd><valUSD>2975641</valUSD><pctVal>0.496</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CoStar Group Inc</name><lei>N/A</lei><title>CoStar Group Inc</title><cusip>22160N109</cusip><identifiers><isin value="US22160N1090"/><ticker value="CSGP US"/><other otherDesc="2262864" value="Sedol"/></identifiers><balance>39196</balance><units>NS</units><curCd>USD</curCd><valUSD>3425338</valUSD><pctVal>0.571</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Crown Castle Inc</name><lei>54930012H97VSM0I2R19</lei><title>Crown Castle International Corp</title><cusip>22822V101</cusip><identifiers><isin value="US22822V1017"/><ticker value="CCI US"/><other otherDesc="BTGQCX1" value="Sedol"/></identifiers><balance>26861</balance><units>NS</units><curCd>USD</curCd><valUSD>3094119</valUSD><pctVal>0.516</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Darden Restaurants Inc</name><lei>CY1NFSCCB5GUXC7WZC70</lei><title>Darden Restaurants Inc</title><cusip>237194105</cusip><identifiers><isin value="US2371941053"/><ticker value="DRI US"/><other otherDesc="2289874" value="Sedol"/></identifiers><balance>11441</balance><units>NS</units><curCd>USD</curCd><valUSD>1879756</valUSD><pctVal>0.313</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Deere &amp; Co</name><lei>PWFTNG3EI0Y73OXWDH08</lei><title>Deere &amp; Co</title><cusip>244199105</cusip><identifiers><isin value="US2441991054"/><ticker value="DE US"/><other otherDesc="2261203" 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value="Sedol"/></identifiers><balance>87659</balance><units>NS</units><curCd>USD</curCd><valUSD>6743607</valUSD><pctVal>1.124</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Ecolab Inc</name><lei>82DYEISM090VG8LTLS26</lei><title>Ecolab Inc</title><cusip>278865100</cusip><identifiers><isin value="US2788651006"/><ticker value="ECL US"/><other otherDesc="2304227" value="Sedol"/></identifiers><balance>31419</balance><units>NS</units><curCd>USD</curCd><valUSD>6231959</valUSD><pctVal>1.039</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Edison International</name><lei>549300I7ROF15MAEVP56</lei><title>Edison International</title><cusip>281020107</cusip><identifiers><isin value="US2810201077"/><ticker value="EIX US"/><other otherDesc="2829515" value="Sedol"/></identifiers><balance>17284</balance><units>NS</units><curCd>USD</curCd><valUSD>1235633</valUSD><pctVal>0.206</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Electronic Arts Inc</name><lei>549300O7A67PUEYKDL45</lei><title>Electronic Arts Inc</title><cusip>285512109</cusip><identifiers><isin value="US2855121099"/><ticker value="EA US"/><other otherDesc="2310194" value="Sedol"/></identifiers><balance>16523</balance><units>NS</units><curCd>USD</curCd><valUSD>2260512</valUSD><pctVal>0.377</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Emerson Electric Co</name><lei>FGLT0EWZSUIRRITFOA30</lei><title>Emerson Electric Co</title><cusip>291011104</cusip><identifiers><isin value="US2910111044"/><ticker value="EMR US"/><other otherDesc="2313405" value="Sedol"/></identifiers><balance>38630</balance><units>NS</units><curCd>USD</curCd><valUSD>3759858</valUSD><pctVal>0.627</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Entergy Corp</name><lei>4XM3TW50JULSLG8BNC79</lei><title>Entergy Corp</title><cusip>29364G103</cusip><identifiers><isin value="US29364G1031"/><ticker value="ETR US"/><other otherDesc="2317087" value="Sedol"/></identifiers><balance>13157</balance><units>NS</units><curCd>USD</curCd><valUSD>1331357</valUSD><pctVal>0.222</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Equity Residential</name><lei>5493008RACSH5EP3PI59</lei><title>Equity Residential</title><cusip>29476L107</cusip><identifiers><isin value="US29476L1070"/><ticker value="EQR US"/><other otherDesc="2319157" value="Sedol"/></identifiers><balance>53121</balance><units>NS</units><curCd>USD</curCd><valUSD>3248880</valUSD><pctVal>0.542</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exelon Corp</name><lei>3SOUA6IRML7435B56G12</lei><title>Exelon Corp</title><cusip>30161N101</cusip><identifiers><isin value="US30161N1019"/><ticker value="EXC US"/><other otherDesc="2670519" value="Sedol"/></identifiers><balance>119171</balance><units>NS</units><curCd>USD</curCd><valUSD>4278239</valUSD><pctVal>0.713</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exxon Mobil Corp</name><lei>J3WHBG0MTS7O8ZVMDC91</lei><title>Exxon Mobil Corp</title><cusip>30231G102</cusip><identifiers><isin value="US30231G1022"/><ticker value="XOM US"/><other otherDesc="2326618" value="Sedol"/></identifiers><balance>30944</balance><units>NS</units><curCd>USD</curCd><valUSD>3093781</valUSD><pctVal>0.516</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Meta Platforms Inc</name><lei>BQ4BKCS1HXDV9HN80Z93</lei><title>Meta Platforms Inc - Class A</title><cusip>30303M102</cusip><identifiers><isin value="US30303M1027"/><ticker value="META US"/><other otherDesc="B7TL820" value="Sedol"/></identifiers><balance>20798</balance><units>NS</units><curCd>USD</curCd><valUSD>7361660</valUSD><pctVal>1.227</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fastenal Co</name><lei>529900PP0C7H2HHPSJ32</lei><title>Fastenal Co</title><cusip>311900104</cusip><identifiers><isin value="US3119001044"/><ticker value="FAST US"/><other otherDesc="2332262" value="Sedol"/></identifiers><balance>35627</balance><units>NS</units><curCd>USD</curCd><valUSD>2307561</valUSD><pctVal>0.385</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fiserv Inc</name><lei>GI7UBEJLXYLGR2C7GV83</lei><title>Fiserv Inc</title><cusip>337738108</cusip><identifiers><isin value="US3377381088"/><ticker value="FI US"/><other otherDesc="2342034" value="Sedol"/></identifiers><balance>19618</balance><units>NS</units><curCd>USD</curCd><valUSD>2606055</valUSD><pctVal>0.435</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fox Corp</name><lei>549300DDU6FDRBIELS05</lei><title>Fox Corp - Class A</title><cusip>35137L105</cusip><identifiers><isin value="US35137L1052"/><ticker value="FOXA US"/><other otherDesc="BJJMGL2" value="Sedol"/></identifiers><balance>75999</balance><units>NS</units><curCd>USD</curCd><valUSD>2254890</valUSD><pctVal>0.376</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Arthur J Gallagher &amp; Co</name><lei>54930049QLLMPART6V29</lei><title>Arthur J Gallagher &amp; Co</title><cusip>363576109</cusip><identifiers><isin value="US3635761097"/><ticker value="AJG US"/><other otherDesc="2359506" value="Sedol"/></identifiers><balance>11101</balance><units>NS</units><curCd>USD</curCd><valUSD>2496393</valUSD><pctVal>0.416</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>General Dynamics Corp</name><lei>9C1X8XOOTYY2FNYTVH06</lei><title>General Dynamics Corp</title><cusip>369550108</cusip><identifiers><isin value="US3695501086"/><ticker value="GD US"/><other otherDesc="2365161" value="Sedol"/></identifiers><balance>21647</balance><units>NS</units><curCd>USD</curCd><valUSD>5621077</valUSD><pctVal>0.937</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Gilead Sciences Inc</name><lei>549300WTZWR07K8MNV44</lei><title>Gilead Sciences Inc</title><cusip>375558103</cusip><identifiers><isin value="US3755581036"/><ticker value="GILD US"/><other otherDesc="2369174" value="Sedol"/></identifiers><balance>27281</balance><units>NS</units><curCd>USD</curCd><valUSD>2210034</valUSD><pctVal>0.368</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Goldman Sachs Group Inc/The</name><lei>784F5XWPLTWKTBV3E584</lei><title>Goldman Sachs Group Inc</title><cusip>38141G104</cusip><identifiers><isin value="US38141G1040"/><ticker value="GS US"/><other otherDesc="2407966" value="Sedol"/></identifiers><balance>9400</balance><units>NS</units><curCd>USD</curCd><valUSD>3626238</valUSD><pctVal>0.605</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hewlett Packard Enterprise Co</name><lei>549300BX44RGX6ANDV88</lei><title>Hewlett Packard Enterprise Co</title><cusip>42824C109</cusip><identifiers><isin value="US42824C1099"/><ticker value="HPE US"/><other otherDesc="BYVYWS0" value="Sedol"/></identifiers><balance>167598</balance><units>NS</units><curCd>USD</curCd><valUSD>2845814</valUSD><pctVal>0.474</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hilton Worldwide Holdings Inc</name><lei>549300HVGPK36ICB0B89</lei><title>Hilton Worldwide Holdings Inc</title><cusip>43300A203</cusip><identifiers><isin value="US43300A2033"/><ticker value="HLT US"/><other otherDesc="BYVMW06" value="Sedol"/></identifiers><balance>26846</balance><units>NS</units><curCd>USD</curCd><valUSD>4888388</valUSD><pctVal>0.815</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Home Depot Inc/The</name><lei>QEKMOTMBBKA8I816DO57</lei><title>HOME DEPOT INC</title><cusip>437076102</cusip><identifiers><isin value="US4370761029"/><ticker value="HD US"/><other otherDesc="2434209" value="Sedol"/></identifiers><balance>11748</balance><units>NS</units><curCd>USD</curCd><valUSD>4071269</valUSD><pctVal>0.679</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Humana Inc</name><lei>529900YLDW34GJAO4J06</lei><title>HUMANA INC</title><cusip>444859102</cusip><identifiers><isin value="US4448591028"/><ticker value="HUM US"/><other otherDesc="2445063" value="Sedol"/></identifiers><balance>12136</balance><units>NS</units><curCd>USD</curCd><valUSD>5555982</valUSD><pctVal>0.926</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Interactive Brokers Group Inc</name><lei>5493004DT6DCDUZNDM53</lei><title>Interactive Brokers Group Inc</title><cusip>45841N107</cusip><identifiers><isin value="US45841N1072"/><ticker value="IBKR US"/><other otherDesc="B1WT4X2" value="Sedol"/></identifiers><balance>19365</balance><units>NS</units><curCd>USD</curCd><valUSD>1605359</valUSD><pctVal>0.268</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Intercontinental Exchange Inc</name><lei>5493000F4ZO33MV32P92</lei><title>Intercontinental Exchange Inc</title><cusip>45866F104</cusip><identifiers><isin value="US45866F1049"/><ticker value="ICE US"/><other otherDesc="BFSSDS9" value="Sedol"/></identifiers><balance>31666</balance><units>NS</units><curCd>USD</curCd><valUSD>4066864</valUSD><pctVal>0.678</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>IBM</name><lei>VGRQXHF3J8VDLUA7XE92</lei><title>International Business Machines Corp</title><cusip>459200101</cusip><identifiers><isin value="US4592001014"/><ticker value="IBM US"/><other otherDesc="2005973" value="Sedol"/></identifiers><balance>16513</balance><units>NS</units><curCd>USD</curCd><valUSD>2700701</valUSD><pctVal>0.45</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JPMorgan Chase &amp; Co</name><lei>8I5DZWZKVSZI1NUHU748</lei><title>JPMorgan Chase &amp; Co</title><cusip>46625H100</cusip><identifiers><isin value="US46625H1005"/><ticker value="JPM US"/><other otherDesc="2190385" value="Sedol"/></identifiers><balance>26524</balance><units>NS</units><curCd>USD</curCd><valUSD>4511732</valUSD><pctVal>0.752</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Johnson &amp; Johnson</name><lei>549300G0CFPGEF6X2043</lei><title>Johnson &amp; Johnson</title><cusip>478160104</cusip><identifiers><isin value="US4781601046"/><ticker value="JNJ US"/><other otherDesc="2475833" value="Sedol"/></identifiers><balance>60798</balance><units>NS</units><curCd>USD</curCd><valUSD>9529479</valUSD><pctVal>1.589</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Kimberly-Clark Corp</name><lei>MP3J6QPYPGN75NVW2S34</lei><title>Kimberly-Clark Corp</title><cusip>494368103</cusip><identifiers><isin value="US4943681035"/><ticker value="KMB US"/><other otherDesc="2491839" value="Sedol"/></identifiers><balance>29232</balance><units>NS</units><curCd>USD</curCd><valUSD>3551980</valUSD><pctVal>0.592</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Kinder Morgan Inc</name><lei>549300WR7IX8XE0TBO16</lei><title>Kinder Morgan Inc/DE</title><cusip>49456B101</cusip><identifiers><isin value="US49456B1017"/><ticker value="KMI US"/><other otherDesc="B3NQ4P8" value="Sedol"/></identifiers><balance>134431</balance><units>NS</units><curCd>USD</curCd><valUSD>2371363</valUSD><pctVal>0.395</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lockheed Martin Corp</name><lei>DPRBOZP0K5RM2YE8UU08</lei><title>Lockheed Martin Corp</title><cusip>539830109</cusip><identifiers><isin value="US5398301094"/><ticker value="LMT US"/><other otherDesc="2522096" 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value="Sedol"/></identifiers><balance>51522</balance><units>NS</units><curCd>USD</curCd><valUSD>3617875</valUSD><pctVal>0.603</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oracle Corp</name><lei>1Z4GXXU7ZHVWFCD8TV52</lei><title>Oracle Corp</title><cusip>68389X105</cusip><identifiers><isin value="US68389X1054"/><ticker value="ORCL US"/><other otherDesc="2661568" value="Sedol"/></identifiers><balance>28180</balance><units>NS</units><curCd>USD</curCd><valUSD>2971017</valUSD><pctVal>0.495</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Otis Worldwide Corp</name><lei>549300ZLBKR8VSU25153</lei><title>Otis Worldwide Corp</title><cusip>68902V107</cusip><identifiers><isin value="US68902V1070"/><ticker value="OTIS US"/><other otherDesc="BK531S8" value="Sedol"/></identifiers><balance>30614</balance><units>NS</units><curCd>USD</curCd><valUSD>2739035</valUSD><pctVal>0.457</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Packaging Corp of America</name><lei>549300XZP8MFZFY8TJ84</lei><title>Packaging Corp of America</title><cusip>695156109</cusip><identifiers><isin value="US6951561090"/><ticker value="PKG US"/><other otherDesc="2504566" value="Sedol"/></identifiers><balance>14363</balance><units>NS</units><curCd>USD</curCd><valUSD>2339876</valUSD><pctVal>0.39</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Paychex Inc</name><lei>529900K900DW6SUBM174</lei><title>Paychex Inc</title><cusip>704326107</cusip><identifiers><isin value="US7043261079"/><ticker value="PAYX US"/><other otherDesc="2674458" value="Sedol"/></identifiers><balance>20838</balance><units>NS</units><curCd>USD</curCd><valUSD>2482014</valUSD><pctVal>0.414</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>PepsiCo Inc</name><lei>FJSUNZKFNQ5YPJ5OT455</lei><title>PepsiCo Inc</title><cusip>713448108</cusip><identifiers><isin value="US7134481081"/><ticker value="PEP US"/><other otherDesc="2681511" value="Sedol"/></identifiers><balance>18089</balance><units>NS</units><curCd>USD</curCd><valUSD>3072236</valUSD><pctVal>0.512</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pfizer Inc</name><lei>765LHXWGK1KXCLTFYQ30</lei><title>Pfizer Inc</title><cusip>717081103</cusip><identifiers><isin value="US7170811035"/><ticker value="PFE US"/><other otherDesc="2684703" value="Sedol"/></identifiers><balance>231008</balance><units>NS</units><curCd>USD</curCd><valUSD>6650720</valUSD><pctVal>1.109</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Philip Morris International In</name><lei>HL3H1H2BGXWVG3BSWR90</lei><title>Philip Morris International Inc</title><cusip>718172109</cusip><identifiers><isin value="US7181721090"/><ticker value="PM US"/><other otherDesc="B2PKRQ3" value="Sedol"/></identifiers><balance>78262</balance><units>NS</units><curCd>USD</curCd><valUSD>7362889</valUSD><pctVal>1.228</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Procter &amp; Gamble Co/The</name><lei>2572IBTT8CCZW6AU4141</lei><title>Procter &amp; Gamble Co</title><cusip>742718109</cusip><identifiers><isin value="US7427181091"/><ticker value="PG US"/><other otherDesc="2704407" value="Sedol"/></identifiers><balance>51519</balance><units>NS</units><curCd>USD</curCd><valUSD>7549594</valUSD><pctVal>1.259</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Public Service Enterprise Grou</name><lei>PUSS41EMO3E6XXNV3U28</lei><title>Public Service Enterprise Group Inc</title><cusip>744573106</cusip><identifiers><isin value="US7445731067"/><ticker value="PEG US"/><other otherDesc="2707677" value="Sedol"/></identifiers><balance>19296</balance><units>NS</units><curCd>USD</curCd><valUSD>1179950</valUSD><pctVal>0.197</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Raymond James Financial Inc</name><lei>RGUZHJ05YTITL6D76949</lei><title>Raymond James Financial Inc</title><cusip>754730109</cusip><identifiers><isin value="US7547301090"/><ticker value="RJF US"/><other otherDesc="2718992" value="Sedol"/></identifiers><balance>29363</balance><units>NS</units><curCd>USD</curCd><valUSD>3273975</valUSD><pctVal>0.546</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>RTX Corp</name><lei>I07WOS4YJ0N7YRFE7309</lei><title>Raytheon Technologies Corp</title><cusip>75513E101</cusip><identifiers><isin value="US75513E1010"/><ticker value="RTX US"/><other otherDesc="BM5M5Y3" 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value="Sedol"/></identifiers><balance>59472</balance><units>NS</units><curCd>USD</curCd><valUSD>4444343</valUSD><pctVal>0.741</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Simon Property Group Inc</name><lei>529900GQL5X8H7AO3T64</lei><title>Simon Property Group Inc</title><cusip>828806109</cusip><identifiers><isin value="US8288061091"/><ticker value="SPG US"/><other otherDesc="2812452" value="Sedol"/></identifiers><balance>34564</balance><units>NS</units><curCd>USD</curCd><valUSD>4930209</valUSD><pctVal>0.822</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>J M Smucker Co/The</name><lei>5493000WDH6A0LHDJD55</lei><title>JM Smucker Co</title><cusip>832696405</cusip><identifiers><isin value="US8326964058"/><ticker value="SJM US"/><other otherDesc="2951452" value="Sedol"/></identifiers><balance>19175</balance><units>NS</units><curCd>USD</curCd><valUSD>2423337</valUSD><pctVal>0.404</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Southern Co/The</name><lei>549300FC3G3YU2FBZD92</lei><title>Southern Co</title><cusip>842587107</cusip><identifiers><isin value="US8425871071"/><ticker value="SO US"/><other otherDesc="2829601" value="Sedol"/></identifiers><balance>43492</balance><units>NS</units><curCd>USD</curCd><valUSD>3049659</valUSD><pctVal>0.508</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Splunk Inc</name><lei>549300XGDSGBP6UEI867</lei><title>Splunk Inc</title><cusip>848637104</cusip><identifiers><isin value="US8486371045"/><ticker value="SPLK US"/><other otherDesc="B424494" value="Sedol"/></identifiers><balance>14423</balance><units>NS</units><curCd>USD</curCd><valUSD>2197344</valUSD><pctVal>0.366</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sprouts Farmers Market Inc</name><lei>529900P8F4G77Q52XE24</lei><title>Sprouts Farmers Market Inc</title><cusip>85208M102</cusip><identifiers><isin value="US85208M1027"/><ticker value="SFM US"/><other otherDesc="BCGCR79" value="Sedol"/></identifiers><balance>41267</balance><units>NS</units><curCd>USD</curCd><valUSD>1985355</valUSD><pctVal>0.331</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Synopsys Inc</name><lei>QG7T915N9S0NY5UKNE63</lei><title>Synopsys Inc</title><cusip>871607107</cusip><identifiers><isin value="US8716071076"/><ticker value="SNPS US"/><other otherDesc="2867719" value="Sedol"/></identifiers><balance>4468</balance><units>NS</units><curCd>USD</curCd><valUSD>2300618</valUSD><pctVal>0.384</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sysco Corp</name><lei>5RGWIFLMGH3YS7KWI652</lei><title>Sysco Corp</title><cusip>871829107</cusip><identifiers><isin value="US8718291078"/><ticker value="SYY US"/><other otherDesc="2868165" value="Sedol"/></identifiers><balance>33221</balance><units>NS</units><curCd>USD</curCd><valUSD>2429452</valUSD><pctVal>0.405</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>TJX Cos Inc/The</name><lei>V167QI9I69W364E2DY52</lei><title>TJX Cos Inc</title><cusip>872540109</cusip><identifiers><isin value="US8725401090"/><ticker value="TJX US"/><other otherDesc="2989301" value="Sedol"/></identifiers><balance>28488</balance><units>NS</units><curCd>USD</curCd><valUSD>2672459</valUSD><pctVal>0.446</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>T-Mobile US Inc</name><lei>549300QHIJYOHPACPG31</lei><title>T-MOBILE US INC</title><cusip>872590104</cusip><identifiers><isin value="US8725901040"/><ticker value="TMUS US"/><other otherDesc="B94Q9V0" value="Sedol"/></identifiers><balance>25265</balance><units>NS</units><curCd>USD</curCd><valUSD>4050737</valUSD><pctVal>0.675</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tesla Inc</name><lei>54930043XZGB27CTOV49</lei><title>TESLA INC</title><cusip>88160R101</cusip><identifiers><isin value="US88160R1014"/><ticker value="TSLA US"/><other otherDesc="B616C79" value="Sedol"/></identifiers><balance>26061</balance><units>NS</units><curCd>USD</curCd><valUSD>6475637</valUSD><pctVal>1.08</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>The Toronto-Dominion Bank</name><lei>PT3QB789TSUIDF371261</lei><title>The Toronto-Dominion Bank COM NPV</title><cusip>891160509</cusip><identifiers><isin value="CA8911605092"/><ticker value="TD US"/><other otherDesc="2042516" value="Sedol"/></identifiers><balance>110231</balance><units>NS</units><curCd>USD</curCd><valUSD>7123127</valUSD><pctVal>1.188</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Travelers Cos Inc/The</name><lei>549300Y650407RU8B149</lei><title>Travelers Cos Inc</title><cusip>89417E109</cusip><identifiers><isin value="US89417E1091"/><ticker value="TRV US"/><other otherDesc="2769503" value="Sedol"/></identifiers><balance>35765</balance><units>NS</units><curCd>USD</curCd><valUSD>6812875</valUSD><pctVal>1.136</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Henderson Cash Collateral Fund</name><lei>N/A</lei><title>Janus Henderson Cash Collateral Fund</title><cusip>N/A</cusip><identifiers><other otherDesc="896" value="Internal ID"/></identifiers><balance>3222495</balance><units>NS</units><curCd>USD</curCd><valUSD>3222495</valUSD><pctVal>0.537</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><cashCollateralCondition cashCollateralVal="3222495" isCashCollateral="Y"/><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Union Pacific Corp</name><lei>549300LMMRSZZCZ8CL11</lei><title>Union Pacific Corp</title><cusip>907818108</cusip><identifiers><isin value="US9078181081"/><ticker value="UNP US"/><other otherDesc="2914734" value="Sedol"/></identifiers><balance>11823</balance><units>NS</units><curCd>USD</curCd><valUSD>2903965</valUSD><pctVal>0.484</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>UnitedHealth Group Inc</name><lei>549300GHBMY8T5GXDE41</lei><title>UnitedHealth Group Inc</title><cusip>91324P102</cusip><identifiers><isin value="US91324P1021"/><ticker value="UNH US"/><other otherDesc="2917766" value="Sedol"/></identifiers><balance>15977</balance><units>NS</units><curCd>USD</curCd><valUSD>8411411</valUSD><pctVal>1.402</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Vail Resorts Inc</name><lei>529900PSZHRNU9HKH870</lei><title>Vail Resorts Inc</title><cusip>91879Q109</cusip><identifiers><isin value="US91879Q1094"/><ticker value="MTN US"/><other otherDesc="2954194" value="Sedol"/></identifiers><balance>10336</balance><units>NS</units><curCd>USD</curCd><valUSD>2206426</valUSD><pctVal>0.368</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Verizon Communications Inc</name><lei>2S72QS2UO2OESLG6Y829</lei><title>Verizon Communications Inc</title><cusip>92343V104</cusip><identifiers><isin value="US92343V1044"/><ticker value="VZ US"/><other otherDesc="2090571" value="Sedol"/></identifiers><balance>72200</balance><units>NS</units><curCd>USD</curCd><valUSD>2721940</valUSD><pctVal>0.454</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Visa Inc</name><lei>549300JZ4OKEHW3DPJ59</lei><title>Visa Inc</title><cusip>92826C839</cusip><identifiers><isin value="US92826C8394"/><ticker value="V US"/><other otherDesc="B2PZN04" value="Sedol"/></identifiers><balance>28049</balance><units>NS</units><curCd>USD</curCd><valUSD>7302557</valUSD><pctVal>1.218</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Walmart Inc</name><lei>Y87794H0US1R65VBXU25</lei><title>Walmart Inc</title><cusip>931142103</cusip><identifiers><isin value="US9311421039"/><ticker value="WMT US"/><other otherDesc="2936921" value="Sedol"/></identifiers><balance>14526</balance><units>NS</units><curCd>USD</curCd><valUSD>2290024</valUSD><pctVal>0.382</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Waste Management Inc</name><lei>549300YX8JIID70NFS41</lei><title>Waste Management Inc</title><cusip>94106L109</cusip><identifiers><isin value="US94106L1098"/><ticker value="WM US"/><other otherDesc="2937667" value="Sedol"/></identifiers><balance>27862</balance><units>NS</units><curCd>USD</curCd><valUSD>4990084</valUSD><pctVal>0.832</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Wells Fargo &amp; Co</name><lei>PBLD0EJDB5FWOLXP3B76</lei><title>Wells Fargo &amp; Co</title><cusip>949746101</cusip><identifiers><isin value="US9497461015"/><ticker value="WFC US"/><other otherDesc="2649100" value="Sedol"/></identifiers><balance>72997</balance><units>NS</units><curCd>USD</curCd><valUSD>3592912</valUSD><pctVal>0.599</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Welltower Inc</name><lei>254900F33BIAR82QTA19</lei><title>Welltower Inc</title><cusip>95040Q104</cusip><identifiers><isin value="US95040Q1040"/><ticker value="WELL US"/><other otherDesc="BYVYHH4" value="Sedol"/></identifiers><balance>55159</balance><units>NS</units><curCd>USD</curCd><valUSD>4973687</valUSD><pctVal>0.829</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Williams Cos Inc/The</name><lei>D71FAKCBLFS2O0RBPG08</lei><title>Williams Cos Inc</title><cusip>969457100</cusip><identifiers><isin value="US9694571004"/><ticker value="WMB US"/><other otherDesc="2967181" value="Sedol"/></identifiers><balance>96729</balance><units>NS</units><curCd>USD</curCd><valUSD>3369071</valUSD><pctVal>0.562</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Yum! Brands Inc</name><lei>549300JE8XHZZ7OHN517</lei><title>Yum! Brands Inc</title><cusip>988498101</cusip><identifiers><isin value="US9884981013"/><ticker value="YUM US"/><other otherDesc="2098876" value="Sedol"/></identifiers><balance>54719</balance><units>NS</units><curCd>USD</curCd><valUSD>7149585</valUSD><pctVal>1.192</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Aon PLC</name><lei>635400FALWQYX5E6QC64</lei><title>Aon PLC - Class A</title><cusip>G0403H108</cusip><identifiers><isin value="IE00BLP1HW54"/><ticker value="AON US"/><other otherDesc="BLP1HW5" value="Sedol"/></identifiers><balance>7979</balance><units>NS</units><curCd>USD</curCd><valUSD>2322049</valUSD><pctVal>0.387</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Linde PLC</name><lei>5299003QR1WT0EF88V51</lei><title>Linde PLC</title><cusip>G54950103</cusip><identifiers><isin value="IE000S9YS762"/><ticker value="LIN US"/><other otherDesc="BNZHB81" value="Sedol"/></identifiers><balance>7147</balance><units>NS</units><curCd>USD</curCd><valUSD>2935344</valUSD><pctVal>0.489</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Medtronic PLC</name><lei>549300GX3ZBSQWUXY261</lei><title>Medtronic PLC</title><cusip>G5960L103</cusip><identifiers><isin value="IE00BTN1Y115"/><ticker value="MDT US"/><other otherDesc="BTN1Y11" value="Sedol"/></identifiers><balance>38803</balance><units>NS</units><curCd>USD</curCd><valUSD>3196591</valUSD><pctVal>0.533</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Chubb Ltd</name><lei>E0JAN6VLUDI1HITHT809</lei><title>Chubb Ltd</title><cusip>H1467J104</cusip><identifiers><isin value="CH0044328745"/><ticker value="CB US"/><other otherDesc="B3BQMF6" value="Sedol"/></identifiers><balance>16369</balance><units>NS</units><curCd>USD</curCd><valUSD>3699394</valUSD><pctVal>0.617</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Garmin Ltd</name><lei>2549001E0HIPIJQ0W046</lei><title>Garmin Ltd</title><cusip>H2906T109</cusip><identifiers><isin value="CH0114405324"/><ticker value="GRMN US"/><other otherDesc="B3Z5T14" value="Sedol"/></identifiers><balance>44875</balance><units>NS</units><curCd>USD</curCd><valUSD>5768233</valUSD><pctVal>0.962</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Check Point Software Technolog</name><lei>2549003ZVBH73EPNS513</lei><title>Check Point Software Technologies Ltd</title><cusip>M22465104</cusip><identifiers><isin value="IL0010824113"/><ticker value="CHKP US"/><other otherDesc="2181334" value="Sedol"/></identifiers><balance>35886</balance><units>NS</units><curCd>USD</curCd><valUSD>5483022</valUSD><pctVal>0.914</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LyondellBasell Industries NV</name><lei>BN6WCCZ8OVP3ITUUVN49</lei><title>LyondellBasell Industries NV</title><cusip>N53745100</cusip><identifiers><isin value="NL0009434992"/><ticker value="LYB US"/><other otherDesc="B3SPXZ3" value="Sedol"/></identifiers><balance>22961</balance><units>NS</units><curCd>USD</curCd><valUSD>2183132</valUSD><pctVal>0.364</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2024-02-14</ncom:dateSigned><ncom:nameOfApplicant>JANUS INVESTMENT FUND</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></formData></edgarSubmission>
