Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CAT	CATERPILLAR INC	567,000	$123M	2.4%	$217.63 *	$113.86	+75.5%	Common	149123101
VZ	VERIZON COMMUNICATIONS INC	2,166,000	$121M	2.3%	$56.03 *	$30.29	+40.0%	Common	92343V104
XOM	EXXON MOBIL CORP	1,912,100	$121M	2.3%	$63.08 *	$53.73	-1.0%	Common	30231G102
CVX	CHEVRON CORP	982,500	$103M	2.0%	$104.74 *	$73.51	+18.3%	Common	166764100
KO	COCA COLA CO	1,857,300	$100M	1.9%	$54.11 *	$32.35	+46.2%	Common	191216100
MMM	3M CO	480,500	$95.44M	1.8%	$198.63 *	$118.36	+18.5%	Common	88579Y101
PG	PROCTER & GAMBLE CO	699,100	$94.33M	1.8%	$134.93 *	$59.18	+103.7%	Common	742718109
T	AT&T INC	3,254,500	$93.67M	1.8%	$28.78 *	$12.86	+26.4%	Common	00206R102
QCOM	QUALCOMM INC	654,000	$93.48M	1.8%	$142.93 *	$42.49	+205.0%	Common	747525103
CSCO	CISCO SYSTEMS	1,753,000	$92.91M	1.8%	$53.00 *	$20.49	+125.5%	Common	17275R102
ABBV	ABBVIE INC	772,200	$86.98M	1.7%	$112.64 *	$59.86	+58.6%	Common	00287Y109
PEP	PEPSICO INC	571,200	$84.64M	1.6%	$148.17 *	$82.00	+57.2%	Common	713448108
UPS	UNITED PARCEL SERVICES INC	396,100	$82.38M	1.6%	$207.97 *	$77.55	+120.6%	Common	911312106
DOW	DOW INC	1,229,000	$77.77M	1.5%	$63.28 *	$37.82	+30.2%	Common	260557103
MRK	MERCK & CO INC	996,500	$77.5M	1.5%	$77.77 *	$46.72	+44.5%	Common	58933Y105
PFG	PRINCIPAL FINANCIAL GROUP	1,216,000	$76.84M	1.5%	$63.19 *	$42.64	+26.1%	Common	74251V102
TXN	TEXAS INSTRUMENTS INC	399,000	$76.73M	1.5%	$192.30 *	$68.78	+145.4%	Common	882508104
EMR	EMERSON ELECTRIC CO	781,500	$75.21M	1.5%	$96.24 *	$43.87	+100.0%	Common	291011104
KMB	KIMBERLY CLARK CORP	560,700	$75.01M	1.5%	$133.78 *	$80.29	+41.2%	Common	494368103
SO	SOUTHERN COMPANY	1,238,500	$74.94M	1.5%	$60.51 *	$35.42	+44.3%	Common	842587107
DUK	DUKE ENERGY CORP	758,731	$74.9M	1.5%	$98.72 *	$59.29	+39.6%	Common	26441C204
MPC	MARATHON PETROLEUM GROUP	1,227,500	$74.17M	1.4%	$60.42 *	$41.73	+29.7%	Common	56585A102
IBM	IBM CORP	503,400	$73.79M	1.4%	$146.59 *	$97.94	+19.2%	Common	459200101
PFE	PFIZER INC	1,876,500	$73.48M	1.4%	$39.16 *	$23.72	+32.0%	Common	717081103
LEG	LEGGETT & PLATT INC	1,406,500	$72.87M	1.4%	$51.81	$37.57	+37.9%	Common	524660107
PEG	PUBLIC SERVICE ENTERPRISE GRP INC	1,217,500	$72.73M	1.4%	$59.74 *	$39.73	+29.4%	Common	744573106
NUE	NUCOR CORP	755,500	$72.47M	1.4%	$95.93 *	$37.40	+139.5%	Common	670346105
EVRG	EVERGY INC	1,193,751	$72.14M	1.4%	$60.43 *	$46.01	+9.5%	Common	30034W106
AEP	AMERICAN ELECTRIC POWER CO INC	826,800	$69.94M	1.4%	$84.59 *	$60.31	+18.9%	Common	025537101
—	WALGREENS BOOTS ALLIANCE INC	1,306,000	$68.71M	1.3%	$52.61	$57.52	—	Common	931427108
SYY	SYSCO CORP	856,900	$66.62M	1.3%	$77.75 *	$39.24	+75.0%	Common	871829107
AJG	GALLAGHER ARTHUR J	471,400	$66.03M	1.3%	$140.08 *	$36.24	+269.2%	Common	363576109
WEC	WEC ENERGY GROUP INC	737,151	$65.57M	1.3%	$88.95 *	$55.97	+36.5%	Common	92939U106
—	KELLOGG CO	1,007,000	$64.78M	1.3%	$64.33 *	$45.24	+14.0%	Common	487836108
ED	CONSOLIDATED EDISON INC	895,286	$64.21M	1.2%	$71.72 *	$55.08	+11.1%	Common	209115104
CAH	CARDINAL HEALTH INC	1,123,500	$64.14M	1.2%	$57.09 *	$42.21	+21.9%	Common	14149Y108
PSX	PHILLIPS 66	722,500	$62.01M	1.2%	$85.82 *	$66.33	+8.8%	Common	718546104
VLO	VALERO ENERGY CORP	788,000	$61.53M	1.2%	$78.08 *	$60.57	+10.5%	Common	91913Y100
OGE	OGE ENERGY CORP	1,786,000	$60.1M	1.2%	$33.65	$33.19	+1.4%	Common	670837103
INTC	INTEL CORP	1,064,000	$59.73M	1.2%	$56.14 *	$21.21	+142.2%	Common	458140100
MCD	MCDONALDS CORP	258,400	$59.69M	1.2%	$230.99 *	$77.77	+168.1%	Common	580135101
D	DOMINION RESOURCES INC	807,012	$59.37M	1.1%	$73.57 *	$50.02	+20.1%	Common	25746U109
JNJ	JOHNSON & JOHNSON	347,050	$57.17M	1.1%	$164.74 *	$78.13	+85.2%	Common	478160104
GPC	GENUINE PARTS CO	448,000	$56.66M	1.1%	$126.47 *	$68.07	+64.2%	Common	372460105
ITW	ILLINOIS TOOL WORKS	251,500	$56.23M	1.1%	$223.56 *	$113.08	+77.9%	Common	452308109
ETN	EATON CORP	378,000	$56.01M	1.1%	$148.18 *	$48.34	+185.5%	Common	G29183103
PPL	PPL CORP	2,001,900	$55.99M	1.1%	$27.97 *	$21.77	+9.1%	Common	69351T106
CMI	CUMMINS INC	229,500	$55.95M	1.1%	$243.81 *	$87.36	+149.9%	Common	231021106
MSM	MSC INDUSTRIAL DIRECT CO	615,000	$55.18M	1.1%	$89.73	$71.35	+25.8%	Common	553530106
BMY	BRISTOL MYERS SQUIBB CO	821,000	$54.86M	1.1%	$66.82 *	$38.49	+43.5%	Common	110122108
HUBB	HUBBELL INC	286,000	$53.44M	1.0%	$186.84 *	$95.19	+82.6%	Common	443510607
GWW	GRAINGER WW INC	118,000	$51.68M	1.0%	$438.00 *	$163.61	+155.3%	Common	384802104
CINF	CINCINNATI FINANCIAL CORP	430,300	$50.18M	1.0%	$116.62 *	$34.98	+197.9%	Common	172062101
MDU	MDU RESOURCES GROUP INC	1,536,500	$48.15M	0.9%	$31.34 *	$6.24	+67.6%	Common	552690109
PAYX	PAYCHEX INC	438,300	$47.03M	0.9%	$107.30 *	$48.35	+95.4%	Common	704326107
FLO	FLOWERS FOODS INC	1,879,000	$45.47M	0.9%	$24.20 *	$15.02	+32.4%	Common	343498101
NFG	NATIONAL FUEL GAS CO	851,500	$44.49M	0.9%	$52.25	$50.02	+4.5%	Common	636180101
CNP	CENTERPOINT ENERGY INC	1,742,000	$42.71M	0.8%	$24.52 *	$17.68	+23.6%	Common	15189T107
MET	METLIFE INC	710,400	$42.52M	0.8%	$59.85 *	$32.80	+59.0%	Common	59156R108
BKH	BLACK HILLS CORP	644,000	$42.27M	0.8%	$65.63 *	$49.83	+8.7%	Common	092113109
EMN	EASTMAN CHEMICAL CO	353,000	$41.21M	0.8%	$116.75 *	$60.18	+64.8%	Common	277432100
PRU	PRUDENTIAL FINANCIAL INC	400,000	$40.99M	0.8%	$102.47 *	$81.79	+0.9%	Common	744320102
SJM	SMUCKERS J M	312,000	$40.43M	0.8%	$129.57 *	$84.52	+31.8%	Common	832696405
CMS	CMS ENERGY CORP	675,000	$39.88M	0.8%	$59.08 *	$53.98	-4.8%	Common	125896100
IP	INTERNATIONAL PAPER CO	650,000	$39.85M	0.8%	$61.31 *	$46.63	+2.2%	Common	460146103
O	REALTY INCOME CORP	590,000	$39.38M	0.8%	$66.74 *	$51.83	-0.9%	Common	756109104
SON	SONOCO PRODUCTS	587,200	$39.28M	0.8%	$66.90 *	$34.89	+62.1%	Common	835495102
WPC	WP CAREY INC	522,000	$38.95M	0.8%	$74.62	$74.62	—	Common	92936U109
ADM	ARCHER DANIELS MIDLAND CO	639,500	$38.75M	0.8%	$60.60 *	$33.35	+60.0%	Common	039483102
—	ALLETE INC	545,100	$38.15M	0.7%	$69.98	$61.47	—	Common	018522300
SR	SPIRE INC	523,000	$37.8M	0.7%	$72.27	$73.63	—	Common	84857L101
XEL	XCEL ENERGY CORP	541,000	$35.64M	0.7%	$65.88 *	$23.56	+141.9%	Common	98389B100
NTRS	NORTHERN TRUST CORP	290,500	$33.59M	0.7%	$115.62 *	$76.24	+31.9%	Common	665859104
MCY	MERCURY GENERAL CORP	512,000	$33.25M	0.6%	$64.95	$63.37	+2.5%	Common	589400100
BP	BP PLC ADR	1,242,200	$32.82M	0.6%	$26.42	$39.12	-32.5%	Common	055622104
SLB	SCHLUMBERGER LTD	1,019,000	$32.62M	0.6%	$32.01 *	$41.13	-29.5%	Common	806857108
—	SOUTH JERSEY INDUSTRIES INC	1,196,000	$31.01M	0.6%	$25.93	$30.09	—	Common	838518108
AVA	AVISTA CORP	716,000	$30.55M	0.6%	$42.67 *	$27.55	+25.2%	Common	05379B107
LNT	ALLIANT ENERGY CORP	474,000	$26.43M	0.5%	$55.76 *	$25.87	+86.1%	Common	018802108
SWX	SOUTHWEST GAS HOLDINGS INC	395,000	$26.14M	0.5%	$66.19	$69.68	-5.0%	Common	844895102
ES	EVERSOURCE ENERGY CO	325,000	$26.08M	0.5%	$80.24 *	$70.29	-4.3%	Common	30040W108
VOO	VANGUARD S&P 500 ETF	58,250	$22.92M	0.4%	$393.53	$330.82	+19.0%	Common	922908363
VIG	VANGUARD DIVIDEND APPREC ETF	145,500	$22.52M	0.4%	$154.79	$135.13	+14.5%	Common	921908844
GIS	GENERAL MILLS INC	356,000	$21.69M	0.4%	$60.93 *	$38.12	+36.8%	Common	370334104
VUG	VANGUARD GROWTH ETF	71,000	$20.36M	0.4%	$286.82 *	$38.83	+23.1%	Common	922908736
NWN	NORTHWEST NATURAL HOLDING CO	384,000	$20.17M	0.4%	$52.52	$66.85	-21.4%	Common	66765N105
VV	VANGUARD LARGE-CAP ETF	98,000	$19.67M	0.4%	$200.76	$162.55	+23.5%	Common	922908637
—	ROYAL DUTCH SHELL ADR	494,500	$19.2M	0.4%	$38.83	$64.55	—	Common	780259107
LMT	LOCKHEED MARTIN	46,800	$17.71M	0.3%	$378.35 *	$299.96	+11.5%	Common	539830109
UGI	UGI CORP	352,000	$16.3M	0.3%	$46.31	$37.88	+22.3%	Common	902681105
WLY	WILEY JOHN & SONS	167,000	$10.05M	0.2%	$60.18 *	$34.27	+49.6%	Common	968223206
DGICA	DONEGAL GROUP INC	664,500	$9.682M	0.2%	$14.57 *	$10.38	+13.5%	Common	257701201