Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE ORD	3,931,000	$537M	13.7%	$79.77	+86.3%	COMMON	037833100
UNH	UNITEDHEALTH GRP ORD	468,822	$241M	6.1%	$65.24	+622.0%	COMMON	91324P102
MSFT	MICROSOFT ORD	925,000	$238M	6.1%	$26.70	+886.5%	COMMON	594918104
CME	CME GROUP CL A ORD	1,002,000	$205M	5.2%	$42.39	+329.2%	COMMON	12572Q105
HON	HONEYWELL INTERNATIONAL ORD	837,500	$146M	3.7%	$53.13	+213.0%	COMMON	438516106
NSC	NORFOLK SOUTHERN ORD	587,687	$134M	3.4%	$58.35	+288.1%	COMMON	655844108
AVGO	BROADCOM ORD	274,300	$133M	3.4%	$21.30	+146.0%	COMMON	11135F101
QCOM	QUALCOMM ORD	957,500	$122M	3.1%	$45.94	+171.9%	COMMON	747525103
HD	HOME DEPOT ORD	426,054	$117M	3.0%	$128.54	+109.3%	COMMON	437076102
MCD	MCDONALD'S ORD	447,638	$111M	2.8%	$71.80	+215.3%	COMMON	580135101
PM	PHILIP MORRIS INTERNATIONAL ORD	1,101,700	$109M	2.8%	$52.44	+62.9%	COMMON	718172109
CSCO	CISCO SYSTEMS ORD	2,546,500	$109M	2.8%	$16.77	+155.4%	COMMON	17275R102
DOV	DOVER ORD	843,600	$102M	2.6%	$44.93	+187.2%	COMMON	260003108
ACN	ACCENTURE CL A ORD	345,000	$95.79M	2.4%	$69.87	+307.3%	COMMON	G1151C101
MDLZ	MONDELEZ INTERNATIONAL CL A ORD	1,448,000	$89.91M	2.3%	$46.39	+23.4%	COMMON	609207105
BAX	BAXTER INTERNATIONAL ORD	1,370,648	$88.04M	2.2%	$76.72	-13.4%	COMMON	071813109
ABBV	ABBVIE ORD	566,800	$86.81M	2.2%	$48.18	+178.4%	COMMON	00287Y109
PNC	PNC FINANCIAL SERVICES GROUP ORD	543,000	$85.67M	2.2%	$68.33	+113.0%	COMMON	693475105
CB	CHUBB ORD	362,902	$71.34M	1.8%	$103.55	+89.5%	COMMON	H1467J104
PLD	PROLOGIS REIT	590,000	$69.41M	1.8%	$52.97	+132.9%	COMMON	74340W103
SNA	SNAP ON ORD	336,764	$66.35M	1.7%	$133.69	+44.8%	COMMON	833034101
ADI	ANALOG DEVICES ORD	445,870	$65.14M	1.7%	$70.32	+109.9%	COMMON	032654105
RPM	RPM ORD	824,725	$64.92M	1.7%	$32.11	+161.7%	COMMON	749685103
VLO	VALERO ENERGY ORD	514,640	$54.7M	1.4%	$54.95	+92.7%	COMMON	91913Y100
EL	ESTEE LAUDER CL A ORD	210,500	$53.61M	1.4%	$261.71	-8.9%	COMMON	518439104
PNW	PINNACLE WEST ORD	729,460	$53.34M	1.4%	$60.94	+4.7%	COMMON	723484101
AMT	AMERICAN TOWER REIT	208,619	$53.32M	1.4%	$123.47	+80.0%	COMMON	03027X100
VFC	VF ORD	1,164,630	$51.44M	1.3%	$50.36	-0.4%	COMMON	918204108
ADP	AUTOMATIC DATA PROCESSING ORD	232,750	$48.89M	1.2%	$122.08	+65.9%	COMMON	053015103
TJX	TJX ORD	866,500	$48.39M	1.2%	$47.91	+19.8%	COMMON	872540109
JNJ	JOHNSON & JOHNSON ORD	201,000	$35.68M	0.9%	$59.66	+168.1%	COMMON	478160104
APD	AIR PRODUCTS AND CHEMICALS ORD	145,900	$35.09M	0.9%	$155.66	+41.9%	COMMON	009158106
DUK	DUKE ENERGY ORD	310,000	$33.23M	0.8%	$53.67	+77.7%	COMMON	26441C204
CMCSA	COMCAST CL A ORD	776,650	$30.48M	0.8%	$37.44	+2.5%	COMMON	20030N101
PFE	PFIZER ORD	579,100	$30.36M	0.8%	$19.98	+110.2%	COMMON	717081103
AVB	AVALONBAY COMMUNITIES REIT ORD	153,400	$29.8M	0.8%	$146.77	+29.3%	COMMON	053484101
USB	US BANCORP ORD	632,500	$29.11M	0.7%	$38.07	+10.1%	COMMON	902973304
MMM	3M ORD	211,000	$27.31M	0.7%	$67.45	+56.0%	COMMON	88579Y101
—	BLACKROCK ORD	42,500	$25.88M	0.7%	$294.35	—	COMMON	09247X101
ABT	ABBOTT LABORATORIES ORD	237,800	$25.84M	0.7%	$29.68	+257.4%	COMMON	002824100
VZ	VERIZON COMMUNICATIONS ORD	486,700	$24.7M	0.6%	$27.04	+48.3%	COMMON	92343V104
IBM	INTERNATIONAL BUSINESS MACHINES ORD	170,000	$24M	0.6%	$112.14	+4.8%	COMMON	459200101
HAS	HASBRO ORD	260,600	$21.34M	0.5%	$31.39	+135.5%	COMMON	418056107
PEP	PEPSICO ORD	127,500	$21.25M	0.5%	$59.43	+152.1%	COMMON	713448108
LYB	LYONDELLBASELL INDUSTRIES CL A ORD	221,991	$19.41M	0.5%	$52.49	+51.5%	COMMON	N53745100
T	AT&T ORD	532,000	$11.15M	0.3%	$11.40	+43.0%	COMMON	00206R102
ADC	AGREE REALTY REIT ORD	150,000	$10.82M	0.3%	$72.13	—	COMMON	008492100
JPM	JPMORGAN CHASE ORD	90,000	$10.13M	0.3%	$54.83	+106.1%	COMMON	46625H100
ENB	ENBRIDGE ORD	185,828	$7.853M	0.2%	$24.73	+42.5%	COMMON	29250N105
PG	PROCTER & GAMBLE ORD	49,900	$7.175M	0.2%	$55.00	+149.6%	COMMON	742718109
RTX	RAYTHEON TECHNOLOGIES ORD	71,000	$6.824M	0.2%	$61.74	+43.4%	COMMON	75513E101
CVX	CHEVRON ORD	35,139	$5.087M	0.1%	$73.41	+94.4%	COMMON	166764100