Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CTRA	COTERRA ENERGY INC	2,260,737 (+22.4%)	$79.44M (+63.4%)	3.5%	$24.74	+14.5%	COM	127097103
UPS	UNITED PARCEL SERVICE - CL B	561,019 (+48.0%)	$55.19M (+46.8%)	2.4%	$108.23	+1.5%	COM	911312106
CMCSA	COMCAST CORP - CL A	1,735,917 (+36.3%)	$49.84M (+30.9%)	2.2%	$32.91	-9.4%	COM	20030N101
APD	AIR PRODUCTS & CHEMICALS INC	172,209 (+6.5%)	$50.03M (+25.3%)	2.2%	$236.30	+14.9%	COM	009158106
MRK	MERCK & COMPANY INC	514,340 (+1.7%)	$61.87M (+16.3%)	2.7%	$92.49	+23.6%	COM	58933Y105
LKQ	LKQ CORP	834,419 (+43.2%)	$24.51M (+39.3%)	1.1%	$36.86	-9.8%	COM	501889208
PEP	PEPSICO INCORPORATED	430,974 (+3.0%)	$66.93M (+11.4%)	2.9%	$141.90	+9.0%	COM	713448108
BMY	BRISTOL-MYERS SQUIBB CO	648,224 (+5.2%)	$39.31M (+18.3%)	1.7%	$45.14	+27.2%	COM	110122108
AVGO	BROADCOM INC	132,349 (+3.4%)	$40.96M (-7.6%)	1.8%	$166.70	+100.5%	COM	11135F101
ETN	EATON CORP PLC	38,349 (+6.1%)	$13.72M (+19.1%)	0.6%	$91.35	+287.1%	COM	G29183103
SLB	SLB LIMITED COM STK	54,106 (+70.8%)	$2.78M (+128.7%)	0.1%	$45.38	+6.4%	COM	806857108
AAPL	APPLE INC	123,195 (+2.2%)	$31.27M (-4.6%)	1.4%	$113.47	+131.6%	COM	037833100
DUK	DUKE ENERGY CORP	38,554 (+24.8%)	$5.048M (+39.4%)	0.2%	$111.50	+8.4%	COM	26441C204
MDLZ	MONDELEZ INTERNATIONAL INC	48,762 (+68.1%)	$2.811M (+80.0%)	0.1%	$57.50	+1.1%	COM	609207105
DOW	DOW INC	33,896 (+154.6%)	$1.412M (+353.6%)	0.1%	$34.47	-15.7%	COM	260557103
STZ	CONSTELLATION BRANDS INC-A	12,626 (+81.1%)	$1.894M (+97.0%)	0.1%	$185.34	-15.8%	COM	21036P108
META	FACEBOOK INC-A	13,859 (+3.3%)	$7.929M (-10.5%)	0.3%	$593.18	+10.5%	COM	30303M102
TMO	THERMO FISHER SCIENTIFIC INC	13,731 (+4.4%)	$6.749M (-11.4%)	0.3%	$518.74	+10.8%	COM	883556102
EXPE	EXPEDIA GROUP INC	37,957 (+34.1%)	$8.764M (+9.3%)	0.4%	$169.07	+49.9%	COM	30212P303
UNH	UNITEDHEALTH GROUP INC	25,884 (+36.2%)	$7.004M (+11.6%)	0.3%	$348.58	-11.4%	COM	91324P102
AMZN	AMAZON.COM INC	75,760 (+16.0%)	$15.78M (+4.6%)	0.7%	$164.67	+37.8%	COM	023135106
AMD	ADVANCED MICRO DEVICES INC	14,663 (+35.6%)	$2.983M (+28.8%)	0.1%	$151.60	+46.2%	COM	007903107
Q	QNITY ELECTRONICS INC COMMON S	15,141 (+7.3%)	$1.747M (+51.6%)	0.1%	$86.02	+17.7%	COM	74743L100
CXT	CRANE NXT CO COM	17,525 (+172.6%)	$711K (+135.0%)	0.0%	$53.48	-3.8%	COM	224441105
SBUX	STARBUCKS CORP	23,417 (+16.5%)	$2.098M (+23.9%)	0.1%	$76.10	+23.0%	COM	855244109
TGT	TARGET CORP	10,144 (+9.2%)	$1.229M (+35.3%)	0.1%	$105.29	+3.7%	COM	87612E106
ADBE	ADOBE INC	18,412 (+34.4%)	$4.476M (-6.7%)	0.2%	$365.13	-20.6%	COM	00724F101
CRM	SALESFORCE INC	17,171 (+55.1%)	$3.205M (+9.3%)	0.1%	$270.91	-20.4%	COM	79466L302
MKTX	MARKETAXESS HOLDINGS INC	5,118 (+42.8%)	$844K (+30.0%)	0.0%	$187.27	-7.7%	COM	57060D108
NKE	NIKE INC - CL B	8,998 (+89.8%)	$475K (+57.4%)	0.0%	$74.73	-14.4%	COM	654106103
VOD	VODAFONE GROUP PLC	57,220 (+6.3%)	$859K (+20.9%)	0.0%	$12.79	—	ADR	92857W308
PGR	PROGRESSIVE CORP OHIO	5,292 (+1.8%)	$1.049M (-11.4%)	0.0%	$212.24	-2.6%	COM	743315103
CABGY	CARLSBERG AS SP ADR	21,056 (+31.9%)	$530K (+27.1%)	0.0%	$27.29	—	ADR	142795202
MKC	MCCORMICK & CO INC	12,420 (+64.2%)	$626K (+21.6%)	0.0%	$71.64	-6.9%	COM	579780206
RIO	RIO TINTO PLC - ADR	5,905 (+5.0%)	$551K (+22.4%)	0.0%	$73.02	—	ADR	767204100
AMGN	AMGEN INC	2,755 (+2.6%)	$969K (+10.3%)	0.0%	$201.66	+73.4%	COM	031162100
ADRNY	KONINKLIJKE AHOLD-SP ADR	13,827 (+1.2%)	$644K (+15.4%)	0.0%	$34.74	—	ADR	500467501
AXP	AMERICAN EXPRESS CO	1,965 (+11.6%)	$594K (-8.7%)	0.0%	$111.20	+220.3%	COM	025816109
ZTS	ZOETIS INC	10,208 (+2.0%)	$1.207M (-4.2%)	0.1%	$130.18	-3.2%	COM	98978V103
SNY	SANOFI-AVENTIS - ADR	7,695 (+13.0%)	$371K (+12.4%)	0.0%	$50.78	—	ADR	80105N105
DSFIY	DSM FIRMENICH AG SP ADR	30,177 (+36.4%)	$217K (+22.3%)	0.0%	$9.66	—	ADR	23346J103
PYPL	PAYPAL HLDGS INC	15,639 (+23.3%)	$707K (-4.5%)	0.0%	$65.45	-23.5%	COM	70450Y103
AKZOY	AKZO NOBEL NV SPONSRD ADS NEW	14,823 (+13.6%)	$284K (-6.1%)	0.0%	$22.89	—	ADR	010199503
LOW	LOWES COMPANIES INC	15,835 (+2.1%)	$3.741M (+0.0%)	0.2%	$116.08	+133.9%	COM	548661107

Exited Positions (3)

AZN ASTRAZENECA PLC - ADR 0.3%

Value $6.071M Shares 66,035 Est. Cost $66.09 Unrealized —

BX BLACKSTONE INC COM 0.0%

Value $234K Shares 1,515 Est. Cost $129.21 Unrealized +9.0%

TFC TRUIST FINANCIAL CORPORATION 0.0%

Value $214K Shares 4,346 Est. Cost $45.80 Unrealized +11.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AZN	ASTRAZENECA PLC - ADR	66,035	$6.071M	0.3%	$66.09	—	—	046353108
BX	BLACKSTONE INC COM	1,515	$234K	0.0%	$129.21	+9.0%	—	09260D107
TFC	TRUIST FINANCIAL CORPORATION	4,346	$214K	0.0%	$45.80	+11.7%	—	89832Q109

Decreased Positions (65)

GLW CORNING INC 1.3%

Value $30.03M (-39.8%) Shares 220,822 (-61.3%) Est. Cost $22.86 Unrealized +388.6%

COF CAPITAL ONE FINANCIAL CORP 2.2%

Value $49.41M (-28.6%) Shares 270,850 (-5.2%) Est. Cost $101.98 Unrealized +118.9%

CVX CHEVRON CORP 3.5%

Value $79.37M (+33.2%) Shares 383,624 (-1.9%) Est. Cost $90.49 Unrealized +89.9%

PSX PHILLIPS 66 2.5%

Value $57.45M (+34.6%) Shares 315,352 (-4.7%) Est. Cost $64.36 Unrealized +128.6%

JPM JPMORGAN CHASE & CO 3.3%

Value $76.37M (-13.5%) Shares 259,637 (-5.3%) Est. Cost $65.20 Unrealized +377.6%

CRH CRH PLC 1.7%

Value $38.24M (-20.3%) Shares 363,807 (-5.4%) Est. Cost $55.65 Unrealized +123.4%

BLK BLACKROCK INC 2.3%

Value $53.28M (-15.3%) Shares 55,398 (-5.7%) Est. Cost $991.05 Unrealized +10.7%

CVS CVS HEALTH CORPORATION 2.5%

Value $56.18M (-13.2%) Shares 782,179 (-4.1%) Est. Cost $55.54 Unrealized +40.4%

MDT MEDTRONIC PLC 1.4%

Value $31.67M (-21.1%) Shares 365,537 (-12.6%) Est. Cost $87.63 Unrealized +13.6%

LMT LOCKHEED MARTIN CORPORATION 2.2%

Value $50.7M (+20.1%) Shares 83,884 (-3.9%) Est. Cost $274.64 Unrealized +118.8%

T AT&T INC 2.7%

Value $61.82M (+13.9%) Shares 2,132,338 (-2.4%) Est. Cost $15.54 Unrealized +65.7%

JNJ JOHNSON & JOHNSON 2.8%

Value $64.3M (+12.0%) Shares 263,056 (-5.2%) Est. Cost $109.13 Unrealized +108.8%

MO ALTRIA GROUP INC 3.0%

Value $67.86M (+10.8%) Shares 1,028,337 (-3.2%) Est. Cost $30.16 Unrealized +109.0%

ENB ENBRIDGE INC 3.3%

Value $74.82M (+8.1%) Shares 1,381,977 (-4.5%) Est. Cost $29.76 Unrealized +63.2%

GILD GILEAD SCIENCES INC 2.7%

Value $60.7M (+9.4%) Shares 435,508 (-3.6%) Est. Cost $57.17 Unrealized +142.0%

ABBV ABBVIE INC 2.3%

Value $51.68M (-9.2%) Shares 237,627 (-4.6%) Est. Cost $57.85 Unrealized +284.7%

ULTA ULTA SALON COSMETICS & FRAGR 0.0%

Value $513K (-89.0%) Shares 981 (-87.2%) Est. Cost $276.69 Unrealized +142.1%

CSCO CISCO SYSTEMS INC 3.4%

Value $78.16M (-4.8%) Shares 1,007,319 (-5.5%) Est. Cost $36.67 Unrealized +112.5%

EMR EMERSON ELECTRIC COMPANY 2.5%

Value $57.89M (-6.1%) Shares 441,816 (-4.9%) Est. Cost $82.63 Unrealized +79.7%

EVRG EVERGY INC 2.4%

Value $54.03M (+7.2%) Shares 659,517 (-5.2%) Est. Cost $49.11 Unrealized +57.3%

XOM EXXON MOBIL CORP 0.6%

Value $14.41M (+29.3%) Shares 84,927 (-8.3%) Est. Cost $53.21 Unrealized +160.8%

SRE SEMPRA COM 2.5%

Value $56.35M (+5.3%) Shares 579,918 (-4.3%) Est. Cost $61.79 Unrealized +44.9%

LLY LILLY ELI & COMPANY 0.5%

Value $12.41M (-17.9%) Shares 13,493 (-4.1%) Est. Cost $225.94 Unrealized +363.4%

HD HOME DEPOT INC 1.6%

Value $35.77M (-6.5%) Shares 108,759 (-2.2%) Est. Cost $202.94 Unrealized +85.8%

NVDA NVIDIA CORP 1.3%

Value $29.01M (-7.6%) Shares 166,314 (-1.2%) Est. Cost $93.57 Unrealized +99.5%

MTB M & T BANK CORP 3.1%

Value $71.75M (-2.4%) Shares 347,098 (-4.9%) Est. Cost $122.06 Unrealized +81.2%

NTRS NORTHERN TRUST CORP 3.4%

Value $77.57M (-2.1%) Shares 555,755 (-4.1%) Est. Cost $103.65 Unrealized +41.7%

TSM TAIWAN SEMICONDUCTOR - SP ADR 0.8%

Value $17.34M (+9.8%) Shares 51,313 (-1.3%) Est. Cost $61.01 Unrealized —

IBM INTERNATIONAL BUSINESS MACHINE 0.2%

Value $3.907M (-23.6%) Shares 16,120 (-6.7%) Est. Cost $115.41 Unrealized +146.0%

ORCL ORACLE CORP 0.1%

Value $3.077M (-25.7%) Shares 20,917 (-1.5%) Est. Cost $36.90 Unrealized +359.7%

TRV TRAVELERS COS INC 0.2%

Value $4.093M (-20.5%) Shares 14,032 (-21.0%) Est. Cost $103.78 Unrealized +178.0%

GOOGL ALPHABET CLASS A 0.2%

Value $5.581M (-11.8%) Shares 19,407 (-4.0%) Est. Cost $111.65 Unrealized +189.6%

MET METLIFE INC 0.1%

Value $1.819M (-27.2%) Shares 25,716 (-18.8%) Est. Cost $36.93 Unrealized +109.7%

TXN TEXAS INSTRS INC 0.1%

Value $2.131M (-22.5%) Shares 10,977 (-30.8%) Est. Cost $170.73 Unrealized +20.8%

BAC BANK OF AMERICA CORP 0.2%

Value $3.817M (-12.9%) Shares 78,301 (-1.7%) Est. Cost $21.21 Unrealized +153.0%

KVUE KENVUE INC 0.0%

Value $321K (-56.2%) Shares 18,600 (-56.2%) Est. Cost $19.93 Unrealized -11.4%

MCHP MICROCHIP TECHNOLOGY INC 1.8%

Value $40.85M (-0.8%) Shares 632,308 (-2.2%) Est. Cost $54.15 Unrealized +39.9%

RNR RENAISSANCERE HOLDINGS LTD 0.2%

Value $3.528M (-7.2%) Shares 11,870 (-12.2%) Est. Cost $174.96 Unrealized +63.7%

FDX FEDEX CORP 0.1%

Value $1.513M (+19.9%) Shares 4,248 (-2.7%) Est. Cost $195.71 Unrealized +73.2%

MOG/A MOOG INC CL A 0.1%

Value $1.436M (+17.5%) Shares 4,907 (-2.2%) Est. Cost $119.17 Unrealized +153.9%

WMB WILLIAMS COS INC 0.1%

Value $1.18M (+19.6%) Shares 16,215 (-1.2%) Est. Cost $28.36 Unrealized +134.0%

BCS BARCLAYS PLC - ADR 0.0%

Value $877K (-17.7%) Shares 41,450 (-1.0%) Est. Cost $11.74 Unrealized —

DD DUPONT DE NEMOURS INC 0.1%

Value $1.603M (+12.3%) Shares 35,003 (-1.5%) Est. Cost $23.34 Unrealized +97.5%

BP BP PLC - ADR 0.0%

Value $651K (+34.0%) Shares 13,852 (-1.0%) Est. Cost $27.60 Unrealized —

NXPI NXP SEMICONDUCTORS NV 0.1%

Value $1.167M (-10.4%) Shares 5,930 (-1.2%) Est. Cost $133.24 Unrealized +75.9%

ORANY ORANGE - SPON ADR 0.0%

Value $756K (+21.2%) Shares 36,924 (-1.2%) Est. Cost $11.75 Unrealized —

HAS HASBRO INDS INC 0.1%

Value $1.166M (+12.0%) Shares 12,460 (-1.9%) Est. Cost $48.46 Unrealized +91.2%

BRK/B BERKSHIRE HATHAWAY INC - CL B 0.0%

Value $917K (-11.0%) Shares 1,913 (-6.7%) Est. Cost $305.96 Unrealized +61.3%

BHP BHP GROUP LTD SP ADS 0.0%

Value $670K (+19.0%) Shares 9,212 (-1.3%) Est. Cost $68.88 Unrealized —

RTX RTX CORPORATION COM 0.1%

Value $2.584M (+4.1%) Shares 13,393 (-1.1%) Est. Cost $104.06 Unrealized +88.9%

BA BOEING COMPANY 0.0%

Value $470K (-13.8%) Shares 2,363 (-6.0%) Est. Cost $222.98 Unrealized +7.0%

BBVA BANCO BILBAO VIZCAYA ARGENTARI 0.0%

Value $786K (-8.2%) Shares 36,287 (-1.2%) Est. Cost $14.57 Unrealized —

GE GE AEROSPACE COM 0.0%

Value $255K (-20.2%) Shares 899 (-13.4%) Est. Cost $198.33 Unrealized +60.4%

ALIZY ALLIANZ SE UNSPONSORED ADS 0.0%

Value $603K (-9.6%) Shares 14,340 (-1.1%) Est. Cost $26.23 Unrealized —

WMT WAL-MART INC 0.0%

Value $615K (+10.4%) Shares 4,950 (-1.0%) Est. Cost $55.62 Unrealized +119.4%

NVS NOVARTIS AG - ADR 0.0%

Value $687K (+8.4%) Shares 4,497 (-2.2%) Est. Cost $98.50 Unrealized —

PM PHILIP MORRIS INTL INC 0.1%

Value $2.316M (+1.8%) Shares 14,006 (-1.2%) Est. Cost $59.17 Unrealized +197.3%

PRU PRUDENTIAL FINANCIAL INC 0.0%

Value $233K (-14.7%) Shares 2,390 (-1.4%) Est. Cost $82.25 Unrealized +30.6%

NMR NOMURA HOLDINGS INC SP ADR 0.0%

Value $498K (-7.1%) Shares 63,130 (-1.2%) Est. Cost $6.33 Unrealized —

VZ VERIZON COMMUNICATIONS 0.0%

Value $308K (+13.1%) Shares 6,126 (-8.3%) Est. Cost $39.23 Unrealized +11.7%

AXAHY AXA - SP ADR 0.0%

Value $541K (-5.2%) Shares 11,775 (-1.1%) Est. Cost $31.68 Unrealized —

IMBBY IMPERIAL BRANDS PLC-SPON ADR 0.0%

Value $445K (-3.7%) Shares 10,888 (-1.0%) Est. Cost $29.30 Unrealized —

FERG FERGUSON 0.0%

Value $430K (+2.8%) Shares 1,842 (-1.9%) Est. Cost $194.48 Unrealized +29.1%

BTI BRITISH AMERN TOBACCO PLC ADR 0.0%

Value $613K (+1.9%) Shares 10,488 (-1.4%) Est. Cost $39.56 Unrealized —

PNC PNC FINANCIAL SERVICES GROUP 0.0%

Value $449K (-2.1%) Shares 2,160 (-1.8%) Est. Cost $136.35 Unrealized +65.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLW	CORNING INC	220,822 (-61.3%)	$30.03M (-39.8%)	1.3%	$22.86	+388.6%	COM	219350105
COF	CAPITAL ONE FINANCIAL CORP	270,850 (-5.2%)	$49.41M (-28.6%)	2.2%	$101.98	+118.9%	COM	14040H105
CVX	CHEVRON CORP	383,624 (-1.9%)	$79.37M (+33.2%)	3.5%	$90.49	+89.9%	COM	166764100
PSX	PHILLIPS 66	315,352 (-4.7%)	$57.45M (+34.6%)	2.5%	$64.36	+128.6%	COM	718546104
JPM	JPMORGAN CHASE & CO	259,637 (-5.3%)	$76.37M (-13.5%)	3.3%	$65.20	+377.6%	COM	46625H100
CRH	CRH PLC	363,807 (-5.4%)	$38.24M (-20.3%)	1.7%	$55.65	+123.4%	COM	G25508105
BLK	BLACKROCK INC	55,398 (-5.7%)	$53.28M (-15.3%)	2.3%	$991.05	+10.7%	COM	09290D101
CVS	CVS HEALTH CORPORATION	782,179 (-4.1%)	$56.18M (-13.2%)	2.5%	$55.54	+40.4%	COM	126650100
MDT	MEDTRONIC PLC	365,537 (-12.6%)	$31.67M (-21.1%)	1.4%	$87.63	+13.6%	COM	G5960L103
LMT	LOCKHEED MARTIN CORPORATION	83,884 (-3.9%)	$50.7M (+20.1%)	2.2%	$274.64	+118.8%	COM	539830109
T	AT&T INC	2,132,338 (-2.4%)	$61.82M (+13.9%)	2.7%	$15.54	+65.7%	COM	00206R102
JNJ	JOHNSON & JOHNSON	263,056 (-5.2%)	$64.3M (+12.0%)	2.8%	$109.13	+108.8%	COM	478160104
MO	ALTRIA GROUP INC	1,028,337 (-3.2%)	$67.86M (+10.8%)	3.0%	$30.16	+109.0%	COM	02209S103
ENB	ENBRIDGE INC	1,381,977 (-4.5%)	$74.82M (+8.1%)	3.3%	$29.76	+63.2%	COM	29250N105
GILD	GILEAD SCIENCES INC	435,508 (-3.6%)	$60.7M (+9.4%)	2.7%	$57.17	+142.0%	COM	375558103
ABBV	ABBVIE INC	237,627 (-4.6%)	$51.68M (-9.2%)	2.3%	$57.85	+284.7%	COM	00287Y109
ULTA	ULTA SALON COSMETICS & FRAGR	981 (-87.2%)	$513K (-89.0%)	0.0%	$276.69	+142.1%	COM	90384S303
CSCO	CISCO SYSTEMS INC	1,007,319 (-5.5%)	$78.16M (-4.8%)	3.4%	$36.67	+112.5%	COM	17275R102
EMR	EMERSON ELECTRIC COMPANY	441,816 (-4.9%)	$57.89M (-6.1%)	2.5%	$82.63	+79.7%	COM	291011104
EVRG	EVERGY INC	659,517 (-5.2%)	$54.03M (+7.2%)	2.4%	$49.11	+57.3%	COM	30034W106
XOM	EXXON MOBIL CORP	84,927 (-8.3%)	$14.41M (+29.3%)	0.6%	$53.21	+160.8%	COM	30231G102
SRE	SEMPRA COM	579,918 (-4.3%)	$56.35M (+5.3%)	2.5%	$61.79	+44.9%	COM	816851109
LLY	LILLY ELI & COMPANY	13,493 (-4.1%)	$12.41M (-17.9%)	0.5%	$225.94	+363.4%	COM	532457108
HD	HOME DEPOT INC	108,759 (-2.2%)	$35.77M (-6.5%)	1.6%	$202.94	+85.8%	COM	437076102
NVDA	NVIDIA CORP	166,314 (-1.2%)	$29.01M (-7.6%)	1.3%	$93.57	+99.5%	COM	67066G104
MTB	M & T BANK CORP	347,098 (-4.9%)	$71.75M (-2.4%)	3.1%	$122.06	+81.2%	COM	55261F104
NTRS	NORTHERN TRUST CORP	555,755 (-4.1%)	$77.57M (-2.1%)	3.4%	$103.65	+41.7%	COM	665859104
TSM	TAIWAN SEMICONDUCTOR - SP ADR	51,313 (-1.3%)	$17.34M (+9.8%)	0.8%	$61.01	—	ADR	874039100
IBM	INTERNATIONAL BUSINESS MACHINE	16,120 (-6.7%)	$3.907M (-23.6%)	0.2%	$115.41	+146.0%	COM	459200101
ORCL	ORACLE CORP	20,917 (-1.5%)	$3.077M (-25.7%)	0.1%	$36.90	+359.7%	COM	68389X105
TRV	TRAVELERS COS INC	14,032 (-21.0%)	$4.093M (-20.5%)	0.2%	$103.78	+178.0%	COM	89417E109
GOOGL	ALPHABET CLASS A	19,407 (-4.0%)	$5.581M (-11.8%)	0.2%	$111.65	+189.6%	COM	02079K305
MET	METLIFE INC	25,716 (-18.8%)	$1.819M (-27.2%)	0.1%	$36.93	+109.7%	COM	59156R108
TXN	TEXAS INSTRS INC	10,977 (-30.8%)	$2.131M (-22.5%)	0.1%	$170.73	+20.8%	COM	882508104
BAC	BANK OF AMERICA CORP	78,301 (-1.7%)	$3.817M (-12.9%)	0.2%	$21.21	+153.0%	COM	060505104
KVUE	KENVUE INC	18,600 (-56.2%)	$321K (-56.2%)	0.0%	$19.93	-11.4%	COM	49177J102
MCHP	MICROCHIP TECHNOLOGY INC	632,308 (-2.2%)	$40.85M (-0.8%)	1.8%	$54.15	+39.9%	COM	595017104
RNR	RENAISSANCERE HOLDINGS LTD	11,870 (-12.2%)	$3.528M (-7.2%)	0.2%	$174.96	+63.7%	COM	G7496G103
FDX	FEDEX CORP	4,248 (-2.7%)	$1.513M (+19.9%)	0.1%	$195.71	+73.2%	COM	31428X106
MOG/A	MOOG INC CL A	4,907 (-2.2%)	$1.436M (+17.5%)	0.1%	$119.17	+153.9%	COM	615394202
WMB	WILLIAMS COS INC	16,215 (-1.2%)	$1.18M (+19.6%)	0.1%	$28.36	+134.0%	COM	969457100
BCS	BARCLAYS PLC - ADR	41,450 (-1.0%)	$877K (-17.7%)	0.0%	$11.74	—	ADR	06738E204
DD	DUPONT DE NEMOURS INC	35,003 (-1.5%)	$1.603M (+12.3%)	0.1%	$23.34	+97.5%	COM	26614N102
BP	BP PLC - ADR	13,852 (-1.0%)	$651K (+34.0%)	0.0%	$27.60	—	ADR	055622104
NXPI	NXP SEMICONDUCTORS NV	5,930 (-1.2%)	$1.167M (-10.4%)	0.1%	$133.24	+75.9%	COM	N6596X109
ORANY	ORANGE - SPON ADR	36,924 (-1.2%)	$756K (+21.2%)	0.0%	$11.75	—	ADR	684060106
HAS	HASBRO INDS INC	12,460 (-1.9%)	$1.166M (+12.0%)	0.1%	$48.46	+91.2%	COM	418056107
BRK/B	BERKSHIRE HATHAWAY INC - CL B	1,913 (-6.7%)	$917K (-11.0%)	0.0%	$305.96	+61.3%	COM	084670702
BHP	BHP GROUP LTD SP ADS	9,212 (-1.3%)	$670K (+19.0%)	0.0%	$68.88	—	ADR	088606108
RTX	RTX CORPORATION COM	13,393 (-1.1%)	$2.584M (+4.1%)	0.1%	$104.06	+88.9%	COM	75513E101
BA	BOEING COMPANY	2,363 (-6.0%)	$470K (-13.8%)	0.0%	$222.98	+7.0%	COM	097023105
BBVA	BANCO BILBAO VIZCAYA ARGENTARI	36,287 (-1.2%)	$786K (-8.2%)	0.0%	$14.57	—	ADR	05946K101
GE	GE AEROSPACE COM	899 (-13.4%)	$255K (-20.2%)	0.0%	$198.33	+60.4%	COM	369604301
ALIZY	ALLIANZ SE UNSPONSORED ADS	14,340 (-1.1%)	$603K (-9.6%)	0.0%	$26.23	—	ADR	018820100
WMT	WAL-MART INC	4,950 (-1.0%)	$615K (+10.4%)	0.0%	$55.62	+119.4%	COM	931142103
NVS	NOVARTIS AG - ADR	4,497 (-2.2%)	$687K (+8.4%)	0.0%	$98.50	—	ADR	66987V109
PM	PHILIP MORRIS INTL INC	14,006 (-1.2%)	$2.316M (+1.8%)	0.1%	$59.17	+197.3%	COM	718172109
PRU	PRUDENTIAL FINANCIAL INC	2,390 (-1.4%)	$233K (-14.7%)	0.0%	$82.25	+30.6%	COM	744320102
NMR	NOMURA HOLDINGS INC SP ADR	63,130 (-1.2%)	$498K (-7.1%)	0.0%	$6.33	—	ADR	65535H208
VZ	VERIZON COMMUNICATIONS	6,126 (-8.3%)	$308K (+13.1%)	0.0%	$39.23	+11.7%	COM	92343V104
AXAHY	AXA - SP ADR	11,775 (-1.1%)	$541K (-5.2%)	0.0%	$31.68	—	ADR	054536107
IMBBY	IMPERIAL BRANDS PLC-SPON ADR	10,888 (-1.0%)	$445K (-3.7%)	0.0%	$29.30	—	ADR	45262P102
FERG	FERGUSON	1,842 (-1.9%)	$430K (+2.8%)	0.0%	$194.48	+29.1%	COM	31488V107
BTI	BRITISH AMERN TOBACCO PLC ADR	10,488 (-1.4%)	$613K (+1.9%)	0.0%	$39.56	—	ADR	110448107
PNC	PNC FINANCIAL SERVICES GROUP	2,160 (-1.8%)	$449K (-2.1%)	0.0%	$136.35	+65.0%	COM	693475105

Unchanged Positions (61)

MSFT MICROSOFT CORP 1.1%

Value $25.65M Shares 69,296 Est. Cost $155.41 Unrealized +179.7%

QCOM QUALCOMM INC 0.4%

Value $8.026M Shares 62,324 Est. Cost $92.85 Unrealized +65.8%

GOOG ALPHABET CLASS C 1.1%

Value $24.54M Shares 85,543 Est. Cost $131.39 Unrealized +146.3%

WFC WELLS FARGO & COMPANY 0.3%

Value $7.164M Shares 89,987 Est. Cost $63.71 Unrealized +41.3%

DIS DISNEY WALT CO 0.2%

Value $4.62M Shares 47,933 Est. Cost $106.41 Unrealized +2.9%

TSLA TESLA INC 0.2%

Value $3.908M Shares 10,513 Est. Cost $299.42 Unrealized +42.3%

V VISA INC - CL A 0.2%

Value $4.581M Shares 15,158 Est. Cost $192.69 Unrealized +70.8%

AMAT APPLIED MATERIALS INC 0.1%

Value $2.607M Shares 7,628 Est. Cost $52.86 Unrealized +517.8%

CAT CATERPILLAR INC 0.1%

Value $2.976M Shares 4,201 Est. Cost $248.24 Unrealized +175.7%

WDC WESTERN DIGITAL CORP 0.1%

Value $1.431M Shares 5,292 Est. Cost $31.17 Unrealized +706.1%

MS MORGAN STANLEY 0.2%

Value $5.376M Shares 32,667 Est. Cost $41.02 Unrealized +338.0%

SNDK SANDISK CORP 0.0%

Value $711K Shares 1,119 Est. Cost $200.29 Unrealized +157.9%

HON HONEYWELL INTERNATIONAL INC 0.1%

Value $2.912M Shares 12,884 Est. Cost $154.16 Unrealized +46.6%

COST COSTCO WHOLESALE CORP 0.1%

Value $3.091M Shares 3,102 Est. Cost $407.83 Unrealized +136.3%

KMI KINDER MORGAN INC 0.1%

Value $2.229M Shares 66,474 Est. Cost $24.88 Unrealized +19.6%

FMCC FEDERAL HOME LOAN MTG CORP 0.0%

Value $571K Shares 89,245 Est. Cost $6.33 Unrealized +26.7%

SCHW SCHWAB CHARLES CORP NEW 0.2%

Value $4.756M Shares 50,610 Est. Cost $77.04 Unrealized +30.0%

FNMA FEDERAL NATL MTG ASSN 0.0%

Value $634K Shares 87,300 Est. Cost $7.87 Unrealized +13.0%

UBER UBER TECHNOLOGIES 0.1%

Value $1.827M Shares 25,401 Est. Cost $82.68 Unrealized -4.8%

ABT ABBOTT LABORATORIES 0.0%

Value $1.092M Shares 10,632 Est. Cost $98.04 Unrealized +17.7%

IEX IDEX CORP 0.2%

Value $3.728M Shares 19,669 Est. Cost $169.97 Unrealized +17.1%

RY ROYAL BANK OF CANADA 0.2%

Value $3.65M Shares 22,562 Est. Cost $93.01 Unrealized +82.7%

PBA PEMBINA PIPELINE CORP 0.0%

Value $1.091M Shares 24,365 Est. Cost $27.44 Unrealized +49.4%

IRM IRON MTN INC NEW REIT 0.0%

Value $817K Shares 8,000 Est. Cost $112.79 Unrealized -26.2%

BAESY BAE SYSTEMS PLC - SP ADR 0.0%

Value $654K Shares 5,613 Est. Cost $40.19 Unrealized —

SHOP SHOPIFY INC F CLASS A 0.0%

Value $324K Shares 2,730 Est. Cost $100.02 Unrealized +36.4%

TSN TYSON FOODS INC - CL A 0.1%

Value $1.496M Shares 23,344 Est. Cost $55.20 Unrealized +12.8%

ERIC ERICSSON ADR 0.0%

Value $735K Shares 65,255 Est. Cost $7.89 Unrealized —

SYK STRYKER CORP 0.1%

Value $1.429M Shares 4,350 Est. Cost $307.09 Unrealized +18.8%

APTV APTIV PLC 0.0%

Value $817K Shares 11,766 Est. Cost $61.22 Unrealized +32.2%

MU MICRON TECHNOLOGY INC 0.0%

Value $448K Shares 1,325 Est. Cost $127.82 Unrealized +202.8%

CEG CONSTELLATION ENERGY CORP 0.0%

Value $259K Shares 929 Est. Cost $263.84 Unrealized +14.1%

KMTUY KOMATSU LTD SPONS ADR 0.0%

Value $363K Shares 9,234 Est. Cost $30.00 Unrealized —

HMC HONDA MOTOR CO LTD - SP ADR 0.0%

Value $313K Shares 12,865 Est. Cost $29.90 Unrealized —

ABBNY ABB LTD - SP ADR 0.0%

Value $824K Shares 10,244 Est. Cost $44.21 Unrealized —

MUFG MITSUBISHI UFJ FINL GRP - ADR 0.0%

Value $943K Shares 55,570 Est. Cost $7.36 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.1%

Value $1.581M Shares 1,869 Est. Cost $346.59 Unrealized +169.1%

PFE PFIZER INC 0.0%

Value $533K Shares 18,964 Est. Cost $25.94 Unrealized +0.9%

VNT VONTIER CORPORATION 0.0%

Value $1.128M Shares 31,801 Est. Cost $25.77 Unrealized +52.3%

MBGYY MERCEDES-BENZ GROUP AG 0.0%

Value $331K Shares 21,707 Est. Cost $14.07 Unrealized —

SYF SYNCHRONY FINANCIAL 0.0%

Value $205K Shares 3,018 Est. Cost $55.34 Unrealized +37.8%

NGG NATIONAL GRID PLC-SP ADR 0.0%

Value $545K Shares 6,445 Est. Cost $67.62 Unrealized —

CKHUY CK HUTCHISON HOLDIN-UNSP ADR 0.0%

Value $398K Shares 51,632 Est. Cost $6.54 Unrealized —

ANET ARISTA NETWORKS INC 0.0%

Value $595K Shares 4,844 Est. Cost $102.84 Unrealized +31.3%

MA MASTERCARD INC -CLASS A 0.0%

Value $231K Shares 462 Est. Cost $460.86 Unrealized +17.0%

ENLAY ENEL SOCIETA PER AZIONI UNSPON 0.0%

Value $677K Shares 62,260 Est. Cost $8.39 Unrealized —

MFC MANULIFE FINANCIAL CORP 0.0%

Value $449K Shares 13,039 Est. Cost $22.20 Unrealized +67.1%

XEL XCEL ENERGY INC 0.0%

Value $311K Shares 3,921 Est. Cost $60.92 Unrealized +26.7%

SMFG SUMITOMO MITSUI - SP ADR 0.0%

Value $932K Shares 47,199 Est. Cost $8.90 Unrealized —

WBD WARNER BROTHERS DISCOVERY INC 0.0%

Value $252K Shares 9,160 Est. Cost $23.37 Unrealized +20.8%

MCD MCDONALDS CORP 0.0%

Value $960K Shares 3,088 Est. Cost $171.01 Unrealized +85.5%

NFLX NETFLIX INC 0.0%

Value $381K Shares 3,960 Est. Cost $102.38 Unrealized -18.1%

IX ORIX - SP ADR 0.0%

Value $480K Shares 16,001 Est. Cost $34.22 Unrealized —

PH PARKER-HANNIFIN CORP 0.0%

Value $596K Shares 666 Est. Cost $284.45 Unrealized +236.7%

HIG HARTFORD INSURANCE GROUP INC C 0.0%

Value $305K Shares 2,254 Est. Cost $97.58 Unrealized +40.1%

SBGSY SCHNEIDER ELECTRIC SE ADR 0.0%

Value $387K Shares 7,115 Est. Cost $37.70 Unrealized —

BNPQY BNP PARIBAS SP ADR 0.0%

Value $631K Shares 13,267 Est. Cost $35.37 Unrealized —

AFL AFLAC INC 0.0%

Value $591K Shares 5,391 Est. Cost $30.00 Unrealized +270.8%

PEG PUBLIC SVC ENTERPRISE GRP INC 0.0%

Value $254K Shares 3,137 Est. Cost $67.45 Unrealized +20.9%

PG PROCTER AND GAMBLE COMPANY 0.0%

Value $807K Shares 5,584 Est. Cost $80.97 Unrealized +87.4%

SSCFF SMARTCOOL SYS INC F 0.0%

Value $400 Shares 10,000 Est. Cost $0.00 Unrealized -95.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	69,296	$25.65M	1.1%	$155.41	+179.7%	COM	594918104
QCOM	QUALCOMM INC	62,324	$8.026M	0.4%	$92.85	+65.8%	COM	747525103
GOOG	ALPHABET CLASS C	85,543	$24.54M	1.1%	$131.39	+146.3%	COM	02079K107
WFC	WELLS FARGO & COMPANY	89,987	$7.164M	0.3%	$63.71	+41.3%	COM	949746101
DIS	DISNEY WALT CO	47,933	$4.62M	0.2%	$106.41	+2.9%	COM	254687106
TSLA	TESLA INC	10,513	$3.908M	0.2%	$299.42	+42.3%	COM	88160R101
V	VISA INC - CL A	15,158	$4.581M	0.2%	$192.69	+70.8%	COM	92826C839
AMAT	APPLIED MATERIALS INC	7,628	$2.607M	0.1%	$52.86	+517.8%	COM	038222105
CAT	CATERPILLAR INC	4,201	$2.976M	0.1%	$248.24	+175.7%	COM	149123101
WDC	WESTERN DIGITAL CORP	5,292	$1.431M	0.1%	$31.17	+706.1%	COM	958102105
MS	MORGAN STANLEY	32,667	$5.376M	0.2%	$41.02	+338.0%	COM	617446448
SNDK	SANDISK CORP	1,119	$711K	0.0%	$200.29	+157.9%	COM	80004C200
HON	HONEYWELL INTERNATIONAL INC	12,884	$2.912M	0.1%	$154.16	+46.6%	COM	438516106
COST	COSTCO WHOLESALE CORP	3,102	$3.091M	0.1%	$407.83	+136.3%	COM	22160K105
KMI	KINDER MORGAN INC	66,474	$2.229M	0.1%	$24.88	+19.6%	COM	49456B101
FMCC	FEDERAL HOME LOAN MTG CORP	89,245	$571K	0.0%	$6.33	+26.7%	COM	313400301
SCHW	SCHWAB CHARLES CORP NEW	50,610	$4.756M	0.2%	$77.04	+30.0%	COM	808513105
FNMA	FEDERAL NATL MTG ASSN	87,300	$634K	0.0%	$7.87	+13.0%	COM	313586109
UBER	UBER TECHNOLOGIES	25,401	$1.827M	0.1%	$82.68	-4.8%	COM	90353T100
ABT	ABBOTT LABORATORIES	10,632	$1.092M	0.0%	$98.04	+17.7%	COM	002824100
IEX	IDEX CORP	19,669	$3.728M	0.2%	$169.97	+17.1%	COM	45167R104
RY	ROYAL BANK OF CANADA	22,562	$3.65M	0.2%	$93.01	+82.7%	COM	780087102
PBA	PEMBINA PIPELINE CORP	24,365	$1.091M	0.0%	$27.44	+49.4%	COM	706327103
IRM	IRON MTN INC NEW REIT	8,000	$817K	0.0%	$112.79	-26.2%	COM	46284V101
BAESY	BAE SYSTEMS PLC - SP ADR	5,613	$654K	0.0%	$40.19	—	ADR	05523R107
SHOP	SHOPIFY INC F CLASS A	2,730	$324K	0.0%	$100.02	+36.4%	COM	82509L107
TSN	TYSON FOODS INC - CL A	23,344	$1.496M	0.1%	$55.20	+12.8%	COM	902494103
ERIC	ERICSSON ADR	65,255	$735K	0.0%	$7.89	—	ADR	294821608
SYK	STRYKER CORP	4,350	$1.429M	0.1%	$307.09	+18.8%	COM	863667101
APTV	APTIV PLC	11,766	$817K	0.0%	$61.22	+32.2%	COM	G3265R107
MU	MICRON TECHNOLOGY INC	1,325	$448K	0.0%	$127.82	+202.8%	COM	595112103
CEG	CONSTELLATION ENERGY CORP	929	$259K	0.0%	$263.84	+14.1%	COM	21037T109
KMTUY	KOMATSU LTD SPONS ADR	9,234	$363K	0.0%	$30.00	—	ADR	500458401
HMC	HONDA MOTOR CO LTD - SP ADR	12,865	$313K	0.0%	$29.90	—	ADR	438128308
ABBNY	ABB LTD - SP ADR	10,244	$824K	0.0%	$44.21	—	ADR	000375204
MUFG	MITSUBISHI UFJ FINL GRP - ADR	55,570	$943K	0.0%	$7.36	—	ADR	606822104
GS	GOLDMAN SACHS GROUP INC	1,869	$1.581M	0.1%	$346.59	+169.1%	COM	38141G104
PFE	PFIZER INC	18,964	$533K	0.0%	$25.94	+0.9%	COM	717081103
VNT	VONTIER CORPORATION	31,801	$1.128M	0.0%	$25.77	+52.3%	COM	928881101
MBGYY	MERCEDES-BENZ GROUP AG	21,707	$331K	0.0%	$14.07	—	ADR	233825207
SYF	SYNCHRONY FINANCIAL	3,018	$205K	0.0%	$55.34	+37.8%	COM	87165B103
NGG	NATIONAL GRID PLC-SP ADR	6,445	$545K	0.0%	$67.62	—	ADR	636274409
CKHUY	CK HUTCHISON HOLDIN-UNSP ADR	51,632	$398K	0.0%	$6.54	—	ADR	12562Y100
ANET	ARISTA NETWORKS INC	4,844	$595K	0.0%	$102.84	+31.3%	COM	040413205
MA	MASTERCARD INC -CLASS A	462	$231K	0.0%	$460.86	+17.0%	COM	57636Q104
ENLAY	ENEL SOCIETA PER AZIONI UNSPON	62,260	$677K	0.0%	$8.39	—	ADR	29265W207
MFC	MANULIFE FINANCIAL CORP	13,039	$449K	0.0%	$22.20	+67.1%	COM	56501R106
XEL	XCEL ENERGY INC	3,921	$311K	0.0%	$60.92	+26.7%	COM	98389B100
SMFG	SUMITOMO MITSUI - SP ADR	47,199	$932K	0.0%	$8.90	—	ADR	86562M209
WBD	WARNER BROTHERS DISCOVERY INC	9,160	$252K	0.0%	$23.37	+20.8%	COM	934423104
MCD	MCDONALDS CORP	3,088	$960K	0.0%	$171.01	+85.5%	COM	580135101
NFLX	NETFLIX INC	3,960	$381K	0.0%	$102.38	-18.1%	COM	64110L106
IX	ORIX - SP ADR	16,001	$480K	0.0%	$34.22	—	ADR	686330101
PH	PARKER-HANNIFIN CORP	666	$596K	0.0%	$284.45	+236.7%	COM	701094104
HIG	HARTFORD INSURANCE GROUP INC C	2,254	$305K	0.0%	$97.58	+40.1%	COM	416515104
SBGSY	SCHNEIDER ELECTRIC SE ADR	7,115	$387K	0.0%	$37.70	—	ADR	80687P106
BNPQY	BNP PARIBAS SP ADR	13,267	$631K	0.0%	$35.37	—	ADR	05565A202
AFL	AFLAC INC	5,391	$591K	0.0%	$30.00	+270.8%	COM	001055102
PEG	PUBLIC SVC ENTERPRISE GRP INC	3,137	$254K	0.0%	$67.45	+20.9%	COM	744573106
PG	PROCTER AND GAMBLE COMPANY	5,584	$807K	0.0%	$80.97	+87.4%	COM	742718109
SSCFF	SMARTCOOL SYS INC F	10,000	$400	0.0%	$0.00	-95.7%	COM	83171N108