Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT ORD	1,434,550	$226M	7.0%	$157.71 *	$28.47	+427.4%	COMMON	594918104
JPM	JPMORGAN CHASE ORD	2,012,000	$181M	5.6%	$90.03 *	$36.24	+111.9%	COMMON	46625H100
—	BLACKROCK ORD	386,900	$170M	5.3%	$439.97	$261.10	—	COMMON	09247X101
PEP	PEPSICO ORD	1,240,500	$149M	4.6%	$120.10 *	$56.00	+79.8%	COMMON	713448108
JNJ	JOHNSON & JOHNSON ORD	1,047,000	$137M	4.3%	$131.13 *	$61.58	+81.0%	COMMON	478160104
PG	PROCTER & GAMBLE ORD	1,027,504	$113M	3.5%	$110.00 *	$55.00	+73.2%	COMMON	742718109
ACN	ACCENTURE CL A ORD	674,165	$110M	3.4%	$163.26 *	$66.12	+127.1%	COMMON	G1151C101
PFE	PFIZER ORD	3,235,725	$106M	3.3%	$32.64 *	$16.46	+43.1%	COMMON	717081103
ABBV	ABBVIE ORD	1,377,200	$105M	3.3%	$76.19 *	$28.37	+112.2%	COMMON	00287Y109
ABT	ABBOTT LABORATORIES ORD	1,157,200	$91.31M	2.8%	$78.91 *	$28.85	+147.1%	COMMON	002824100
HAS	HASBRO ORD	1,259,607	$90.13M	2.8%	$71.55 *	$30.22	+88.8%	COMMON	418056107
APD	AIR PRODUCTS AND CHEMICALS ORD	442,032	$88.23M	2.7%	$199.61 *	$133.20	+30.4%	COMMON	009158106
WEC	WEC ENERGY GROUP ORD	978,300	$86.22M	2.7%	$88.13 *	$33.96	+115.1%	COMMON	92939U106
CMI	CUMMINS ORD	606,400	$82.06M	2.6%	$135.32 *	$75.52	+55.5%	COMMON	231021106
—	RAYTHEON TECHNOLOGIES ORD	766,906	$72.34M	2.2%	$94.33	$92.89	—	COMMON	913017109
MMM	3M ORD	521,700	$71.22M	2.2%	$136.51 *	$61.26	+50.7%	COMMON	88579Y101
USB	US BANCORP ORD	1,981,500	$68.26M	2.1%	$34.45 *	$22.41	+20.1%	COMMON	902973304
MCD	MCDONALD'S ORD	389,000	$64.32M	2.0%	$165.35 *	$71.89	+101.5%	COMMON	580135101
RPM	RPM ORD	1,033,303	$61.48M	1.9%	$59.50	$32.11	+85.3%	COMMON	749685103
UNH	UNITEDHEALTH GRP ORD	220,081	$54.88M	1.7%	$249.38 *	$82.89	+174.0%	COMMON	91324P102
ENB	ENBRIDGE ORD	1,819,525	$52.93M	1.6%	$29.09 *	$24.31	-18.7%	COMMON	29250N105
CSCO	CISCO SYSTEMS ORD	1,334,000	$52.44M	1.6%	$39.31 *	$16.94	+93.9%	COMMON	17275R102
CVX	CHEVRON ORD	716,000	$51.88M	1.6%	$72.46 *	$71.30	-21.3%	COMMON	166764100
IBM	INTERNATIONAL BUSINESS MACHINES ORD	463,655	$51.43M	1.6%	$110.93 *	$111.54	-25.8%	COMMON	459200101
XOM	EXXON MOBIL ORD	1,290,200	$48.99M	1.5%	$37.97 *	$53.69	-45.7%	COMMON	30231G102
PNC	PNC FINANCIAL SERVICES GROUP ORD	510,000	$48.82M	1.5%	$95.72 *	$61.28	+26.1%	COMMON	693475105
AVGO	BROADCOM ORD	200,650	$47.57M	1.5%	$237.10 *	$19.73	+5.2%	COMMON	11135F101
ADI	ANALOG DEVICES ORD	530,214	$47.53M	1.5%	$89.65 *	$67.21	+20.4%	COMMON	032654105
TJX	TJX ORD	963,000	$46.04M	1.4%	$47.81 *	$46.12	-3.7%	COMMON	872540109
CB	CHUBB ORD	393,738	$43.98M	1.4%	$111.69 *	$96.06	+6.4%	COMMON	H1467J104
DUK	DUKE ENERGY ORD	523,600	$42.35M	1.3%	$80.88 *	$41.83	+53.8%	COMMON	26441C204
HD	HOME DEPOT ORD	226,446	$42.28M	1.3%	$186.71 *	$135.79	+19.7%	COMMON	437076102
AAPL	APPLE ORD	164,000	$41.7M	1.3%	$254.29 *	$19.84	+209.9%	COMMON	037833100
DIS	WALT DISNEY ORD	411,000	$39.7M	1.2%	$96.60 *	$95.74	-1.4%	COMMON	254687106
NSC	NORFOLK SOUTHERN ORD	264,400	$38.6M	1.2%	$146.00 *	$66.24	+95.7%	COMMON	655844108
LYB	LYONDELLBASELL INDUSTRIES CL A ORD	701,666	$34.82M	1.1%	$49.63 *	$51.15	-33.8%	COMMON	N53745100
HON	HONEYWELL INTERNATIONAL ORD	245,000	$32.78M	1.0%	$133.79 *	$53.13	+110.6%	COMMON	438516106
DOV	DOVER ORD	368,780	$30.95M	1.0%	$83.94 *	$40.09	+93.7%	COMMON	260003108
QCOM	QUALCOMM ORD	427,500	$28.92M	0.9%	$67.65 *	$44.99	+32.7%	COMMON	747525103
CMCSA	COMCAST CL A ORD	807,000	$27.75M	0.9%	$34.38 *	$36.05	-18.0%	COMMON	20030N101
T	AT&T ORD	803,000	$23.41M	0.7%	$29.15 *	$11.40	+28.7%	COMMON	00206R102
ADP	AUTOMATIC DATA PROCESSING ORD	171,050	$23.38M	0.7%	$136.68 *	$46.80	+158.6%	COMMON	053015103
VZ	VERIZON COMMUNICATIONS ORD	405,301	$21.78M	0.7%	$53.73 *	$27.04	+42.6%	COMMON	92343V104
AVB	AVALONBAY COMMUNITIES REIT ORD	127,000	$18.69M	0.6%	$147.17 *	$163.31	-26.2%	COMMON	053484101
PM	PHILIP MORRIS INTERNATIONAL ORD	242,435	$17.69M	0.6%	$72.96 *	$48.01	+14.0%	COMMON	718172109
EL	ESTEE LAUDER CL A ORD	109,450	$17.44M	0.5%	$159.34 *	$177.44	-16.8%	COMMON	518439104
VLO	VALERO ENERGY ORD	380,738	$17.27M	0.5%	$45.36 *	$56.95	-36.9%	COMMON	91913Y100
GILD	GILEAD SCIENCES ORD	183,500	$13.72M	0.4%	$74.76 *	$55.47	+7.9%	COMMON	375558103
PLD	PROLOGIS REIT	168,000	$13.5M	0.4%	$80.37 *	$55.83	+23.0%	COMMON	74340W103
SNA	SNAP ON ORD	123,900	$13.48M	0.4%	$108.82 *	$129.93	-28.0%	COMMON	833034101
AMT	AMERICAN TOWER REIT	60,000	$13.06M	0.4%	$217.75 *	$114.65	+61.0%	COMMON	03027X100
BAX	BAXTER INTERNATIONAL ORD	146,500	$11.89M	0.4%	$81.19 *	$76.74	-5.8%	COMMON	071813109
VFC	VF ORD	113,540	$6.14M	0.2%	$54.08	$62.13	-13.0%	COMMON	918204108
CME	CME GROUP CL A ORD	29,900	$5.17M	0.2%	$172.91 *	$39.16	+255.1%	COMMON	12572Q105
—	MAGELLAN MIDSTREAM PARTNERS UNT	63,321	$2.311M	0.1%	$36.50	$58.25	—	COMMON	559080106
EPD	ENTERPRISE PRODUCTS PARTNERS UNT	149,872	$2.143M	0.1%	$14.30	$49.27	—	COMMON	293792107
—	PHILLIPS 66 PARTNERS COM UNT	52,331	$1.906M	0.1%	$36.42	$55.76	—	COMMON	718549207
MPLX	MPLX COM UNT	157,761	$1.833M	0.1%	$11.62	$34.49	—	COMMON	55336V100
TRP	TC ENERGY ORD	37,670	$1.669M	0.1%	$44.31 *	$36.75	-10.1%	COMMON	87807B107
ET	ENERGY TRANSFER UNT	313,714	$1.443M	0.0%	$4.60	$13.21	—	COMMON	29273V100
KMI	KINDER MORGAN CL P ORD	85,323	$1.188M	0.0%	$13.92 *	$13.81	-28.9%	COMMON	49456B101
NEE	NEXTERA ENERGY ORD	4,741	$1.141M	0.0%	$240.67 *	$52.03	+0.2%	COMMON	65339F101
PAA	PLAINS ALL AMERICAN PIPELINE UNT	172,725	$912K	0.0%	$5.28	$38.81	—	COMMON	726503105
OKE	ONEOK ORD	37,066	$808K	0.0%	$21.80 *	$46.59	-68.2%	COMMON	682680103
—	SHELL MIDSTREAM PARTNERS UNT	78,584	$784K	0.0%	$9.98	$23.94	—	COMMON	822634101
SRE	SEMPRA ENERGY ORD	6,889	$778K	0.0%	$112.93 *	$59.96	-21.7%	COMMON	816851109
WMB	WILLIAMS ORD	42,051	$595K	0.0%	$14.15 *	$17.63	-40.8%	COMMON	969457100
LNG	CHENIERE ENERGY ORD	12,438	$417K	0.0%	$33.53	$64.06	-47.7%	COMMON	16411R208
—	EQM MIDSTREAM PARTNERS UNT	33,047	$390K	0.0%	$11.80	$58.02	—	COMMON	26885B100
—	BP MIDSTREAM PARTNERS UNT	31,036	$289K	0.0%	$9.31	$14.60	—	COMMON	0556EL109
—	TC PIPELINES UNT	7,979	$219K	0.0%	$27.45	$27.45	—	COMMON	87233Q108
WES	WESTERN MIDSTREAM PARTNERS COM UNT	60,140	$195K	0.0%	$3.24	$30.30	—	COMMON	958669103
CQP	CHENIERE ENERGY PARTNERS UNT	4,907	$133K	0.0%	$27.10	$45.45	—	COMMON	16411Q101
PBA	PEMBINA PIPELINE ORD	4,996	$94,000	0.0%	$18.82 *	$23.51	-42.0%	COMMON	706327103
—	NUSTAR ENERGY UNT	8,423	$72,000	0.0%	$8.55	$48.32	—	COMMON	67058H102
—	VISTRA ENERGY EQY WARRANT	36,510	$29,000	0.0%	$0.79	$1.48	—	COMMON	92840M128