Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT ORD	1,183,997	$498M	8.2%	$420.72	$28.47	+1358.8%	COMMON	594918104
JPM	JPMORGAN CHASE ORD	2,012,000	$403M	6.6%	$200.30 *	$36.24	+431.9%	COMMON	46625H100
—	BLACKROCK ORD	386,900	$323M	5.3%	$833.70	$261.10	—	COMMON	09247X101
AVGO	BROADCOM ORD	220,250	$292M	4.8%	$1325.41 *	$21.19	+514.4%	COMMON	11135F101
ABBV	ABBVIE ORD	1,405,200	$256M	4.2%	$182.10 *	$30.33	+465.1%	COMMON	00287Y109
—	LAM RESEARCH ORD	249,211	$242M	4.0%	$971.57	$379.46	—	COMMON	512807108
PEP	PEPSICO ORD	1,240,500	$217M	3.6%	$175.01 *	$56.00	+193.4%	COMMON	713448108
ACN	ACCENTURE CL A ORD	615,765	$213M	3.5%	$346.61 *	$66.12	+410.5%	COMMON	G1151C101
CMI	CUMMINS ORD	606,400	$179M	2.9%	$294.65 *	$75.52	+276.1%	COMMON	231021106
JNJ	JOHNSON & JOHNSON ORD	1,066,000	$169M	2.8%	$158.19 *	$62.75	+138.9%	COMMON	478160104
PG	PROCTER & GAMBLE ORD	1,027,504	$167M	2.7%	$162.25 *	$55.00	+182.2%	COMMON	742718109
XOM	EXXON MOBIL ORD	1,172,200	$136M	2.2%	$116.24 *	$53.69	+103.8%	COMMON	30231G102
ABT	ABBOTT LABORATORIES ORD	1,157,200	$132M	2.2%	$113.66 *	$28.85	+281.0%	COMMON	002824100
RPM	RPM ORD	1,033,303	$123M	2.0%	$118.95	$32.11	+270.5%	COMMON	749685103
APD	AIR PRODUCTS AND CHEMICALS ORD	469,232	$114M	1.9%	$242.27 *	$139.80	+65.6%	COMMON	009158106
ADI	ANALOG DEVICES ORD	564,614	$112M	1.8%	$197.79 *	$70.83	+171.4%	COMMON	032654105
MCD	MCDONALD'S ORD	389,000	$110M	1.8%	$281.95 *	$71.89	+276.3%	COMMON	580135101
RTX	RTX ORD	1,121,916	$109M	1.8%	$97.53 *	$57.34	+64.2%	COMMON	75513E101
UNH	UNITEDHEALTH GRP ORD	220,081	$109M	1.8%	$494.70 *	$82.89	+475.8%	COMMON	91324P102
AAPL	APPLE ORD	616,000	$106M	1.7%	$171.48	$83.04	+104.8%	COMMON	037833100
CB	CHUBB ORD	393,738	$102M	1.7%	$259.13	$96.06	+165.4%	COMMON	H1467J104
CVX	CHEVRON ORD	635,961	$100M	1.6%	$157.74 *	$71.30	+104.9%	COMMON	166764100
USB	US BANCORP ORD	2,199,500	$98.32M	1.6%	$44.70 *	$23.81	+73.8%	COMMON	902973304
TJX	TJX ORD	963,000	$97.67M	1.6%	$101.42 *	$46.12	+115.0%	COMMON	872540109
PFE	PFIZER ORD	3,481,725	$96.62M	1.6%	$27.75 *	$17.29	+43.2%	COMMON	717081103
HD	HOME DEPOT ORD	226,446	$86.86M	1.4%	$383.60 *	$135.79	+170.7%	COMMON	437076102
WEC	WEC ENERGY GROUP ORD	978,300	$80.34M	1.3%	$82.12 *	$33.96	+127.4%	COMMON	92939U106
DUK	DUKE ENERGY ORD	794,816	$76.87M	1.3%	$96.71 *	$57.74	+57.1%	COMMON	26441C204
LYB	LYONDELLBASELL INDUSTRIES CL A ORD	744,666	$76.16M	1.3%	$102.28 *	$50.98	+74.9%	COMMON	N53745100
RF	REGIONS FINANCIAL ORD	3,545,893	$74.61M	1.2%	$21.04 *	$17.40	+12.2%	COMMON	7591EP100
QCOM	QUALCOMM ORD	427,500	$72.38M	1.2%	$169.30 *	$44.99	+262.8%	COMMON	747525103
NSC	NORFOLK SOUTHERN ORD	264,400	$67.39M	1.1%	$254.87 *	$66.24	+270.5%	COMMON	655844108
CSCO	CISCO SYSTEMS ORD	1,334,000	$66.58M	1.1%	$49.91 *	$16.94	+178.8%	COMMON	17275R102
DOV	DOVER ORD	368,780	$65.34M	1.1%	$177.19	$40.09	+333.6%	COMMON	260003108
MDLZ	MONDELEZ INTERNATIONAL CL A ORD	869,500	$60.87M	1.0%	$70.00 *	$47.50	+39.9%	COMMON	609207105
VLO	VALERO ENERGY ORD	356,538	$60.86M	1.0%	$170.69 *	$56.95	+184.5%	COMMON	91913Y100
ENB	ENBRIDGE ORD	1,647,025	$59.59M	1.0%	$36.18 *	$24.31	+33.6%	COMMON	29250N105
HAS	HASBRO ORD	1,046,968	$59.17M	1.0%	$56.52 *	$30.22	+74.0%	COMMON	418056107
MMM	3M ORD	521,700	$55.34M	0.9%	$106.07 *	$61.26	+39.6%	COMMON	88579Y101
HON	HONEYWELL INTERNATIONAL ORD	245,000	$50.29M	0.8%	$205.25 *	$53.13	+250.8%	COMMON	438516106
WAL	WESTERN ALLIANCE ORD	725,000	$46.54M	0.8%	$64.19 *	$58.87	+4.9%	COMMON	957638109
ADP	AUTOMATIC DATA PROCESSING ORD	181,050	$45.22M	0.7%	$249.74 *	$51.12	+370.4%	COMMON	053015103
ADC	AGREE REALTY REIT ORD	789,500	$45.1M	0.7%	$57.12	$63.75	—	COMMON	008492100
CMCSA	COMCAST CL A ORD	1,037,500	$44.98M	0.7%	$43.35 *	$36.63	+11.5%	COMMON	20030N101
MCHP	MICROCHIP TECHNOLOGY ORD	451,600	$40.51M	0.7%	$89.71 *	$79.70	+7.3%	COMMON	595017104
SNA	SNAP ON ORD	123,900	$36.7M	0.6%	$296.22 *	$129.93	+117.6%	COMMON	833034101
NSA	NATIONAL STORAGE AFFILIATES ORD	893,654	$35M	0.6%	$39.16	$35.22	—	COMMON	637870106
EL	ESTEE LAUDER CL A ORD	207,500	$31.99M	0.5%	$154.15 *	$250.61	-40.6%	COMMON	518439104
NEE	NEXTERA ENERGY ORD	491,000	$31.38M	0.5%	$63.91 *	$66.61	-8.8%	COMMON	65339F101
BAX	BAXTER INTERNATIONAL ORD	722,000	$30.86M	0.5%	$42.74 *	$65.38	-37.2%	COMMON	071813109
MA	MASTERCARD CL A ORD	50,000	$24.08M	0.4%	$481.57	$376.67	+26.6%	COMMON	57636Q104
PM	PHILIP MORRIS INTERNATIONAL ORD	242,435	$22.21M	0.4%	$91.62 *	$48.01	+78.0%	COMMON	718172109
PNW	PINNACLE WEST ORD	296,838	$22.18M	0.4%	$74.73 *	$59.72	+16.4%	COMMON	723484101
PLD	PROLOGIS REIT	168,000	$21.88M	0.4%	$130.22 *	$55.83	+119.7%	COMMON	74340W103
OC	OWENS CORNIING ORD	130,000	$21.68M	0.4%	$166.80	$152.55	+9.3%	COMMON	690742101
DG	DOLLAR GENERAL ORD	130,293	$20.33M	0.3%	$156.06 *	$127.79	+17.3%	COMMON	256677105
VZ	VERIZON COMMUNICATIONS ORD	405,301	$17.01M	0.3%	$41.96 *	$27.04	+38.4%	COMMON	92343V104
T	AT&T ORD	803,000	$14.13M	0.2%	$17.60 *	$11.40	+41.5%	COMMON	00206R102
AMT	AMERICAN TOWER REIT	60,000	$11.86M	0.2%	$197.59 *	$114.65	+61.0%	COMMON	03027X100
CME	CME GROUP CL A ORD	29,900	$6.437M	0.1%	$215.29 *	$39.16	+418.2%	COMMON	12572Q105
TOI	ONCOLOGY INSTITUTE ORD	699,500	$1.105M	0.0%	$1.58	$1.73	-8.9%	COMMON	68236X100
—	KINGSTONE COMPANIES, INC	90,000	$248K	0.0%	$2.75	$0.50	—	WARRANT	9941426E2