Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
QCOM	QUALCOMM INC	654,000	$120M	2.3%	$182.87 *	$42.49	+293.5%	Common	747525103
CAT	CATERPILLAR INC	567,000	$117M	2.2%	$206.74 *	$113.86	+68.6%	Common	149123101
PG	PROCTER & GAMBLE CO	699,100	$114M	2.2%	$163.58 *	$59.18	+150.1%	Common	742718109
VZ	VERIZON COMMUNICATIONS INC	2,166,000	$113M	2.1%	$51.96 *	$30.29	+32.9%	Common	92343V104
PFE	PFIZER INC	1,876,500	$111M	2.1%	$59.05 *	$23.72	+102.7%	Common	717081103
KO	COCA COLA CO	1,857,300	$110M	2.1%	$59.21 *	$32.35	+62.5%	Common	191216100
ABBV	ABBVIE INC	772,200	$105M	2.0%	$135.40 *	$59.86	+95.1%	Common	00287Y109
PEP	PEPSICO INC	571,200	$99.22M	1.9%	$173.71 *	$82.00	+86.9%	Common	713448108
XOM	EXXON MOBIL CORP	1,517,100	$92.83M	1.8%	$61.19 *	$53.73	-1.2%	Common	30231G102
CSCO	CISCO SYSTEMS	1,440,900	$91.31M	1.7%	$63.37 *	$20.49	+173.3%	Common	17275R102
NUE	NUCOR CORP	755,500	$86.24M	1.6%	$114.15 *	$37.40	+187.4%	Common	670346105
WEC	WEC ENERGY GROUP INC	880,151	$85.44M	1.6%	$97.07 *	$60.02	+41.0%	Common	92939U106
SO	SOUTHERN COMPANY	1,238,500	$84.94M	1.6%	$68.58 *	$35.42	+67.0%	Common	842587107
UPS	UNITED PARCEL SERVICES INC	396,100	$84.9M	1.6%	$214.34 *	$77.55	+129.7%	Common	911312106
CVX	CHEVRON CORP	717,400	$84.19M	1.6%	$117.35 *	$73.51	+35.8%	Common	166764100
EVRG	EVERGY INC	1,193,751	$81.9M	1.6%	$68.61 *	$46.01	+26.4%	Common	30034W106
PFG	PRINCIPAL FINANCIAL GROUP	1,124,000	$81.3M	1.5%	$72.33 *	$42.64	+47.0%	Common	74251V102
AJG	GALLAGHER ARTHUR J	471,400	$79.98M	1.5%	$169.67 *	$36.24	+350.0%	Common	363576109
DUK	DUKE ENERGY CORP	758,731	$79.59M	1.5%	$104.90 *	$59.29	+51.2%	Common	26441C204
MPC	MARATHON PETROLEUM GROUP	1,227,500	$78.55M	1.5%	$63.99 *	$41.73	+40.0%	Common	56585A102
MRK	MERCK & CO INC	996,500	$76.37M	1.5%	$76.64 *	$46.72	+45.1%	Common	58933Y105
TXN	TEXAS INSTRUMENTS INC	399,000	$75.2M	1.4%	$188.47 *	$68.78	+143.3%	Common	882508104
AEP	AMERICAN ELECTRIC POWER CO INC	826,800	$73.56M	1.4%	$88.97 *	$60.31	+27.3%	Common	025537101
EMR	EMERSON ELECTRIC CO	781,500	$72.66M	1.4%	$92.97 *	$43.87	+95.2%	Common	291011104
MCD	MCDONALDS CORP	258,400	$69.27M	1.3%	$268.07 *	$77.77	+214.5%	Common	580135101
KMB	KIMBERLY CLARK CORP	482,700	$68.99M	1.3%	$142.92 *	$80.29	+53.4%	Common	494368103
OGE	OGE ENERGY CORP	1,786,000	$68.55M	1.3%	$38.38	$33.19	+15.6%	Common	670837103
SYY	SYSCO CORP	856,900	$67.31M	1.3%	$78.55 *	$39.24	+78.9%	Common	871829107
ES	EVERSOURCE ENERGY CO	735,000	$66.87M	1.3%	$90.98 *	$71.72	+7.8%	Common	30040W108
PEG	PUBLIC SERVICE ENTERPRISE GRP INC	981,500	$65.5M	1.2%	$66.73 *	$39.73	+46.9%	Common	744573106
ETN	EATON CORP	378,000	$65.33M	1.2%	$172.82 *	$48.34	+236.0%	Common	G29183103
D	DOMINION RESOURCES INC	807,012	$63.4M	1.2%	$78.56 *	$50.02	+30.5%	Common	25746U109
DOW	DOW INC	1,115,500	$63.27M	1.2%	$56.72 *	$38.63	+16.9%	Common	260557103
ITW	ILLINOIS TOOL WORKS	251,500	$62.07M	1.2%	$246.80 *	$113.08	+98.5%	Common	452308109
GWW	GRAINGER WW INC	118,000	$61.15M	1.2%	$518.24 *	$163.61	+204.2%	Common	384802104
MMM	3M CO	343,500	$61.02M	1.2%	$177.63 *	$118.36	+7.7%	Common	88579Y101
ED	CONSOLIDATED EDISON INC	709,286	$60.52M	1.1%	$85.32 *	$55.08	+34.9%	Common	209115104
PAYX	PAYCHEX INC	438,300	$59.83M	1.1%	$136.50 *	$48.35	+151.3%	Common	704326107
HUBB	HUBBELL INC	286,000	$59.56M	1.1%	$208.27 *	$95.19	+105.5%	Common	443510607
JNJ	JOHNSON & JOHNSON	347,050	$59.37M	1.1%	$171.07 *	$78.13	+94.8%	Common	478160104
VLO	VALERO ENERGY CORP	788,000	$59.19M	1.1%	$75.11 *	$60.57	+9.2%	Common	91913Y100
LEG	LEGGETT & PLATT INC	1,406,500	$57.89M	1.1%	$41.16	$37.57	+9.6%	Common	524660107
CAH	CARDINAL HEALTH INC	1,116,500	$57.49M	1.1%	$51.49 *	$42.38	+11.6%	Common	14149Y108
MSM	MSC INDUSTRIAL DIRECT CO	666,000	$55.98M	1.1%	$84.06	$72.39	+16.1%	Common	553530106
T	AT&T INC	2,264,100	$55.7M	1.1%	$24.60 *	$12.86	+13.5%	Common	00206R102
—	KELLOGG CO	851,000	$54.82M	1.0%	$64.42 *	$45.24	+16.5%	Common	487836108
INTC	INTEL CORP	1,064,000	$54.8M	1.0%	$51.50 *	$21.21	+125.2%	Common	458140100
GPC	GENUINE PARTS CO	383,000	$53.7M	1.0%	$140.20 *	$68.07	+84.4%	Common	372460105
CMS	CMS ENERGY CORP	825,000	$53.67M	1.0%	$65.05 *	$54.09	+6.2%	Common	125896100
PSX	PHILLIPS 66	722,500	$52.35M	1.0%	$72.46 *	$66.33	-5.9%	Common	718546104
IBM	IBM CORP	378,400	$50.58M	1.0%	$133.66 *	$97.94	+16.5%	Common	459200101
CMI	CUMMINS INC	229,500	$50.06M	1.0%	$218.14 *	$87.36	+126.4%	Common	231021106
CINF	CINCINNATI FINANCIAL CORP	430,300	$49.02M	0.9%	$113.93 *	$34.98	+194.2%	Common	172062101
CNP	CENTERPOINT ENERGY INC	1,742,000	$48.62M	0.9%	$27.91 *	$17.68	+42.4%	Common	15189T107
FLO	FLOWERS FOODS INC	1,726,000	$47.41M	0.9%	$27.47 *	$15.02	+52.9%	Common	343498101
MDU	MDU RESOURCES GROUP INC	1,536,500	$47.39M	0.9%	$30.84 *	$6.24	+67.3%	Common	552690109
PPL	PPL CORP	1,546,900	$46.5M	0.9%	$30.06 *	$21.77	+20.6%	Common	69351T106
BKH	BLACK HILLS CORP	644,000	$45.45M	0.9%	$70.57 *	$49.83	+18.8%	Common	092113109
VOO	VANGUARD S&P 500 ETF	102,750	$44.86M	0.9%	$436.57	$365.65	+19.4%	Common	922908363
VIG	VANGUARD DIVIDEND APPREC ETF	259,500	$44.57M	0.8%	$171.75	$146.58	+17.2%	Common	921908844
PRU	PRUDENTIAL FINANCIAL INC	400,000	$43.3M	0.8%	$108.24 *	$81.79	+9.0%	Common	744320102
ADM	ARCHER DANIELS MIDLAND CO	639,500	$43.22M	0.8%	$67.59 *	$33.35	+80.6%	Common	039483102
WPC	WP CAREY INC	522,000	$42.83M	0.8%	$82.05	$74.62	—	Common	92936U109
EMN	EASTMAN CHEMICAL CO	353,000	$42.68M	0.8%	$120.91 *	$60.18	+72.9%	Common	277432100
MET	METLIFE INC	677,400	$42.33M	0.8%	$62.49 *	$32.80	+68.6%	Common	59156R108
O	REALTY INCOME CORP	590,000	$42.24M	0.8%	$71.59 *	$51.83	+12.0%	Common	756109104
VUG	VANGUARD GROWTH ETF	131,500	$42.2M	0.8%	$320.90 *	$44.22	+21.0%	Common	922908736
VV	VANGUARD LARGE-CAP ETF	185,500	$41M	0.8%	$221.02	$184.62	+19.7%	Common	922908637
—	WALGREENS BOOTS ALLIANCE INC	776,500	$40.5M	0.8%	$52.16	$57.07	—	Common	931427108
BMY	BRISTOL MYERS SQUIBB CO	640,000	$39.9M	0.8%	$62.35 *	$38.49	+35.9%	Common	110122108
NFG	NATIONAL FUEL GAS CO	623,000	$39.84M	0.8%	$63.94	$50.02	+27.8%	Common	636180101
XEL	XCEL ENERGY CORP	541,000	$36.63M	0.7%	$67.70 *	$23.56	+152.1%	Common	98389B100
—	ALLETE INC	545,100	$36.17M	0.7%	$66.35	$61.47	—	Common	018522300
LMT	LOCKHEED MARTIN	100,800	$35.83M	0.7%	$355.41 *	$311.11	+2.6%	Common	539830109
SR	SPIRE INC	523,000	$34.11M	0.6%	$65.22	$73.63	—	Common	84857L101
SON	SONOCO PRODUCTS	587,200	$33.99M	0.6%	$57.89 *	$34.89	+42.3%	Common	835495102
BP	BP PLC ADR	1,242,200	$33.08M	0.6%	$26.63	$39.12	-31.9%	Common	055622104
NTRS	NORTHERN TRUST CORP	272,000	$32.53M	0.6%	$119.61 *	$76.24	+38.1%	Common	665859104
IP	INTERNATIONAL PAPER CO	650,000	$30.54M	0.6%	$46.98 *	$46.63	-15.8%	Common	460146103
MCY	MERCURY GENERAL CORP	562,000	$29.82M	0.6%	$53.06	$63.04	-15.8%	Common	589400100
LNT	ALLIANT ENERGY CORP	474,000	$29.14M	0.6%	$61.47 *	$25.87	+108.1%	Common	018802108
SJM	SMUCKERS J M	211,000	$28.66M	0.5%	$135.82 *	$84.52	+40.3%	Common	832696405
SWX	SOUTHWEST GAS HOLDINGS INC	395,000	$27.67M	0.5%	$70.05	$69.68	+0.5%	Common	844895102
AVA	AVISTA CORP	631,000	$26.81M	0.5%	$42.49 *	$27.55	+27.2%	Common	05379B107
SLB	SCHLUMBERGER LTD	824,000	$24.68M	0.5%	$29.95 *	$41.13	-33.4%	Common	806857108
GIS	GENERAL MILLS INC	356,000	$23.99M	0.5%	$67.38 *	$38.12	+53.8%	Common	370334104
—	SOUTH JERSEY INDUSTRIES INC	851,500	$22.24M	0.4%	$26.12	$30.09	—	Common	838518108
NWN	NORTHWEST NATURAL HOLDING CO	384,000	$18.73M	0.4%	$48.78	$66.85	-27.0%	Common	66765N105
UGI	UGI CORP	333,000	$15.29M	0.3%	$45.91	$37.88	+21.2%	Common	902681105
—	ROYAL DUTCH SHELL ADR	325,500	$14.11M	0.3%	$43.35	$64.55	—	Common	780259107
WLY	WILEY JOHN & SONS	167,000	$9.564M	0.2%	$57.27 *	$34.27	+45.1%	Common	968223206
DGICA	DONEGAL GROUP INC	664,500	$9.496M	0.2%	$14.29 *	$10.38	+13.8%	Common	257701201