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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AIR PRODUCTS AND CHEMICALS INC COM 009158106 1,313 5,436 SH   DFND   5,436 0 0
APPLE INC COM 037833100 2,819 7,727 SH   DFND   7,727 0 0
APPLE INC COM 037833100 17,270 47,341 SH   DFND 4 47,341 0 0
BOEING COMPANY (THE) COM 097023105 125 682 SH   DFND   682 0 0
BOEING COMPANY (THE) COM 097023105 1,577 8,606 SH   DFND 4 8,606 0 0
CINTAS CORP COM 172908105 1,570 5,896 SH   DFND   5,896 0 0
CINTAS CORP COM 172908105 20,728 77,819 SH   DFND 4 77,819 0 0
CISCO SYSTEMS INC COM 17275R102 682 14,622 SH   DFND   14,622 0 0
CISCO SYSTEMS INC COM 17275R102 4,171 89,426 SH   DFND 4 89,426 0 0
CME GROUP INC COM 12572Q105 12,471 76,726 SH   DFND   76,726 0 0
COLGATE-PALMOLIVE CO COM 194162103 144 1,960 SH   DFND   1,960 0 0
AIR PRODUCTS AND CHEMICALS INC COM 009158106 17,696 73,286 SH   DFND 4 73,286 0 0
COLGATE-PALMOLIVE CO COM 194162103 388 5,295 SH   DFND 4 5,295 0 0
COMCAST CORPORATION CL A 20030N101 1,986 50,953 SH   DFND 4 50,953 0 0
CONOCOPHILLIPS COM 20825C104 989 23,548 SH   DFND   22,958 590 0
CONOCOPHILLIPS COM 20825C104 12,812 304,911 SH   DFND 4 304,911 0 0
COSTCO WHOLESALE CORPORATION COM 22160K105 1,210 3,991 SH   DFND   3,991 0 0
COSTCO WHOLESALE CORPORATION COM 22160K105 18,635 61,458 SH   DFND 4 61,458 0 0
CUMMINS INC COM 231021106 514 2,969 SH   DFND   2,969 0 0
CUMMINS INC COM 231021106 1,368 7,894 SH   DFND 4 7,894 0 0
DANAOS CORPORATION SHS Y1968P121 9,388 2,517,013 SH   DFND   2,517,013 0 0
DISCOVER FINANCIAL SERVICES INC COM 254709108 3,442 68,713 SH   DFND   68,713 0 0
ALPHABET INC CAP STK CL A 02079K305 1,157 816 SH   DFND   816 0 0
EBAY INC COM 278642103 1,267 24,164 SH   DFND   24,164 0 0
EBAY INC COM 278642103 19,815 377,781 SH   DFND 4 377,781 0 0
ELI LILLY & CO COM 532457108 27 163 SH   DFND   163 0 0
ELI LILLY & CO COM 532457108 948 5,773 SH   DFND 4 5,773 0 0
EQUIFAX INC COM 294429105 211 1,229 SH   DFND 4 1,229 0 0
ESTEE LAUDER COMPANIES INC (THE) CL A 518439104 1,259 6,675 SH   DFND   6,675 0 0
ESTEE LAUDER COMPANIES INC (THE) CL A 518439104 16,437 87,115 SH   DFND 4 87,115 0 0
F5 NETWORKS INC COM 315616102 244 1,750 SH   DFND 4 1,750 0 0
FIDELITY NATIONAL INFORMATION SERVICES INC COM 31620M106 6,768 50,471 SH   DFND   50,471 0 0
FLIR SYSTEMS INC COM 302445101 709 17,472 SH   DFND   17,472 0 0
ALPHABET INC CAP STK CL A 02079K305 5,892 4,155 SH   DFND 4 4,155 0 0
FRANCO-NEVADA CORPORATION COM 351858105 279 2,000 SH   DFND   2,000 0 0
GILEAD SCIENCES INC COM 375558103 612 7,954 SH   DFND   7,954 0 0
GILEAD SCIENCES INC COM 375558103 2,229 28,968 SH   DFND 4 28,968 0 0
HOME DEPOT INC (THE) COM 437076102 1,127 4,500 SH   DFND   4,500 0 0
ILLINOIS TOOL WORKS INC COM 452308109 1,521 8,700 SH   DFND   8,700 0 0
INTEL CORPORATION COM 458140100 1,265 21,150 SH   DFND   20,030 1,120 0
INTEL CORPORATION COM 458140100 21,513 359,575 SH   DFND 4 359,575 0 0
INTERCONTINENTAL EXCHANGE INC (THE) COM 45866F104 1,448 15,810 SH   DFND   15,810 0 0
INTUIT INC COM 461202103 21 72 SH   DFND   72 0 0
INTUIT INC COM 461202103 373 1,258 SH   DFND 4 1,258 0 0
ALPHABET INC CAP STK CL C 02079K107 659 466 SH   DFND   416 50 0
JACOBS ENGINEERING GROUP INC COM 469814107 793 9,346 SH   DFND   9,346 0 0
JOHNSON & JOHNSON COM 478160104 1,626 11,565 SH   DFND   11,565 0 0
JOHNSON & JOHNSON COM 478160104 1,369 9,734 SH   DFND 4 9,734 0 0
JP MORGAN CHASE & COMPANY COM 46625H100 1,046 11,120 SH   DFND   11,120 0 0
JP MORGAN CHASE & COMPANY COM 46625H100 5,074 53,943 SH   DFND 4 53,943 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 414 2,773 SH   DFND 4 2,773 0 0
KLA CORPORATION COM NEW 482480100 21 108 SH   DFND   108 0 0
KLA CORPORATION COM NEW 482480100 413 2,126 SH   DFND 4 2,126 0 0
KROGER COMPANY (THE) COM 501044101 542 16,025 SH   DFND   16,025 0 0
KROGER COMPANY (THE) COM 501044101 1,701 50,245 SH   DFND 4 50,245 0 0
ALPHABET INC CAP STK CL C 02079K107 2,519 1,782 SH   DFND 4 1,782 0 0
MARSH & MCLENNAN COMPANIES INC COM 571748102 1,208 11,247 SH   DFND   11,247 0 0
MCDONALD'S CORP COM 580135101 1,693 9,178 SH   DFND 4 9,178 0 0
MCKESSON CORPORATION COM 58155Q103 292 1,902 SH   DFND   1,902 0 0
MCKESSON CORPORATION COM 58155Q103 123 800 SH   DFND 4 800 0 0
MEDTRONIC PLC SHS G5960L103 593 6,467 SH   DFND 4 6,467 0 0
METTLER-TOLEDO INTERNATIONAL INC COM 592688105 452 561 SH   DFND   561 0 0
METTLER-TOLEDO INTERNATIONAL INC COM 592688105 833 1,034 SH   DFND 4 1,034 0 0
MICROSOFT CORP COM 594918104 7,343 36,084 SH   DFND   36,084 0 0
MICROSOFT CORP COM 594918104 36,989 181,754 SH   DFND 4 181,754 0 0
MORGAN STANLEY COM NEW 617446448 577 11,950 SH   DFND   11,950 0 0
AMAZON.COM INC COM 023135106 3,893 1,411 SH   DFND 4 1,411 0 0
MORGAN STANLEY COM NEW 617446448 468 9,680 SH   DFND 4 9,680 0 0
NIKE INC CL B 654106103 601 6,125 SH   DFND   6,125 0 0
NIKE INC CL B 654106103 3,132 31,939 SH   DFND 4 31,939 0 0
O'REILLY AUTOMOTIVE INC COM 67103H107 972 2,304 SH   DFND   2,304 0 0
O'REILLY AUTOMOTIVE INC COM 67103H107 19,343 45,872 SH   DFND 4 45,872 0 0
PHILIP MORRIS INTERNATIONAL INC COM 718172109 39 560 SH   DFND   120 440 0
PHILIP MORRIS INTERNATIONAL INC COM 718172109 516 7,363 SH   DFND 4 7,363 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 216 3,508 SH   DFND 4 3,508 0 0
ROSS STORES INC COM 778296103 636 7,458 SH   DFND   7,458 0 0
ROSS STORES INC COM 778296103 13,540 158,851 SH   DFND 4 158,851 0 0
AMERICAN EXPRESS COMPANY COM 025816109 775 8,142 SH   DFND   8,142 0 0
SCHLUMBERGER LTD/NV COM 806857108 684 37,221 SH   DFND   37,221 0 0
SOUTHWEST AIRLINES CO COM 844741108 219 6,395 SH   DFND   6,395 0 0
SOUTHWEST AIRLINES CO COM 844741108 286 8,381 SH   DFND 4 8,381 0 0
STRYKER CORP COM 863667101 1,550 8,600 SH   DFND   8,600 0 0
SYSCO CORP COM 871829107 371 6,791 SH   DFND   5,860 931 0
TECHNIPFMC PLC COM G87110105 111 16,163 SH   DFND   16,163 0 0
TECHNIPFMC PLC COM G87110105 510 74,620 SH   DFND 4 74,620 0 0
UBS GROUP AG SHS H42097107 364 31,500 SH   DFND 4 31,500 0 0
VALERO ENERGY CORP COM 91913Y100 110 1,870 SH   DFND   1,870 0 0
VALERO ENERGY CORP COM 91913Y100 520 8,849 SH   DFND 4 8,849 0 0
AMERICAN EXPRESS COMPANY COM 025816109 14,869 156,190 SH   DFND 4 156,190 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 386 9,100 SH   DFND   8,850 250 0
WALT DISNEY CO (THE) COM DISNEY 254687106 2,871 25,747 SH   DFND   25,747 0 0
WASTE MANAGEMENT INC COM 94106L109 1,047 9,890 SH   DFND   9,890 0 0
WASTE MANAGEMENT INC COM 94106L109 17,244 162,815 SH   DFND 4 162,815 0 0
XCEL ENERGY INC COM 98389B100 365 5,841 SH   DFND   5,841 0 0
XCEL ENERGY INC COM 98389B100 698 11,174 SH   DFND 4 11,174 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 110 918 SH   DFND   918 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 911 7,635 SH   DFND 4 7,635 0 0