Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT ORD	1,183,997	$529M	8.7%	$446.95	$28.47	+1452.6%	COMMON	594918104
JPM	JPMORGAN CHASE ORD	2,012,000	$407M	6.7%	$202.26 *	$36.24	+440.2%	COMMON	46625H100
AVGO	BROADCOM ORD	200,650	$322M	5.3%	$1605.53 *	$21.19	+646.6%	COMMON	11135F101
—	BLACKROCK ORD	375,205	$295M	4.9%	$787.32	$261.10	—	COMMON	09247X101
—	LAM RESEARCH ORD	249,211	$265M	4.4%	$1064.85	$379.46	—	COMMON	512807108
ABBV	ABBVIE ORD	1,405,200	$241M	4.0%	$171.52 *	$30.33	+437.2%	COMMON	00287Y109
PEP	PEPSICO ORD	1,240,500	$205M	3.4%	$164.93 *	$56.00	+178.7%	COMMON	713448108
ACN	ACCENTURE CL A ORD	615,765	$187M	3.1%	$303.41 *	$66.12	+348.6%	COMMON	G1151C101
PG	PROCTER & GAMBLE ORD	1,027,504	$169M	2.8%	$164.92 *	$55.00	+188.7%	COMMON	742718109
CMI	CUMMINS ORD	606,400	$168M	2.8%	$276.93 *	$75.52	+255.6%	COMMON	231021106
JNJ	JOHNSON & JOHNSON ORD	1,066,000	$156M	2.6%	$146.16 *	$62.75	+122.5%	COMMON	478160104
XOM	EXXON MOBIL ORD	1,172,200	$135M	2.2%	$115.12 *	$53.69	+103.5%	COMMON	30231G102
AAPL	APPLE ORD	616,000	$130M	2.1%	$210.62	$83.04	+151.9%	COMMON	037833100
ADI	ANALOG DEVICES ORD	564,614	$129M	2.1%	$228.26 *	$70.83	+214.5%	COMMON	032654105
APD	AIR PRODUCTS AND CHEMICALS ORD	469,232	$121M	2.0%	$258.05 *	$139.80	+76.4%	COMMON	009158106
ABT	ABBOTT LABORATORIES ORD	1,157,200	$120M	2.0%	$103.91 *	$28.85	+250.0%	COMMON	002824100
RTX	RTX ORD	1,121,916	$113M	1.9%	$100.39 *	$57.34	+70.1%	COMMON	75513E101
UNH	UNITEDHEALTH GRP ORD	220,081	$112M	1.9%	$509.26 *	$82.89	+495.2%	COMMON	91324P102
RPM	RPM ORD	1,033,303	$111M	1.8%	$107.68	$32.11	+235.4%	COMMON	749685103
TJX	TJX ORD	963,000	$106M	1.8%	$110.10	$46.12	+134.3%	COMMON	872540109
CB	CHUBB ORD	393,738	$100M	1.7%	$255.08	$96.06	+162.1%	COMMON	H1467J104
CVX	CHEVRON ORD	635,961	$99.48M	1.6%	$156.42 *	$71.30	+105.3%	COMMON	166764100
MCD	MCDONALD'S ORD	389,000	$99.13M	1.6%	$254.84 *	$71.89	+242.4%	COMMON	580135101
PFE	PFIZER ORD	3,481,725	$97.42M	1.6%	$27.98 *	$17.29	+46.6%	COMMON	717081103
USB	US BANCORP ORD	2,199,500	$87.32M	1.4%	$39.70 *	$23.81	+56.3%	COMMON	902973304
QCOM	QUALCOMM ORD	427,500	$85.15M	1.4%	$199.18 *	$44.99	+328.6%	COMMON	747525103
DUK	DUKE ENERGY ORD	794,816	$79.66M	1.3%	$100.23 *	$57.74	+64.4%	COMMON	26441C204
HD	HOME DEPOT ORD	226,446	$77.95M	1.3%	$344.24 *	$135.79	+144.6%	COMMON	437076102
WEC	WEC ENERGY GROUP ORD	978,300	$76.76M	1.3%	$78.46 *	$33.96	+119.4%	COMMON	92939U106
LYB	LYONDELLBASELL INDUSTRIES CL A ORD	744,666	$71.23M	1.2%	$95.66 *	$50.98	+65.8%	COMMON	N53745100
RF	REGIONS FINANCIAL ORD	3,545,893	$71.06M	1.2%	$20.04 *	$17.40	+8.2%	COMMON	7591EP100
DOV	DOVER ORD	368,780	$66.55M	1.1%	$180.45	$40.09	+342.8%	COMMON	260003108
CSCO	CISCO SYSTEMS ORD	1,334,000	$63.38M	1.0%	$47.51 *	$16.94	+167.6%	COMMON	17275R102
HAS	HASBRO ORD	1,046,968	$61.25M	1.0%	$58.50 *	$30.22	+82.1%	COMMON	418056107
ENB	ENBRIDGE ORD	1,647,025	$58.62M	1.0%	$35.59 *	$24.31	+33.8%	COMMON	29250N105
MDLZ	MONDELEZ INTERNATIONAL CL A ORD	869,500	$56.9M	0.9%	$65.44 *	$47.50	+31.6%	COMMON	609207105
NSC	NORFOLK SOUTHERN ORD	264,400	$56.76M	0.9%	$214.69 *	$66.24	+213.9%	COMMON	655844108
VLO	VALERO ENERGY ORD	356,538	$55.89M	0.9%	$156.76 *	$56.95	+163.1%	COMMON	91913Y100
MMM	3M ORD	521,700	$53.31M	0.9%	$102.19 *	$61.26	+62.0%	COMMON	88579Y101
HON	HONEYWELL INTERNATIONAL ORD	245,000	$52.32M	0.9%	$213.54 *	$53.13	+266.9%	COMMON	438516106
ADC	AGREE REALTY REIT ORD	789,500	$48.9M	0.8%	$61.94	$63.75	—	COMMON	008492100
WAL	WESTERN ALLIANCE ORD	725,000	$45.54M	0.8%	$62.82 *	$58.87	+3.3%	COMMON	957638109
ADP	AUTOMATIC DATA PROCESSING ORD	181,050	$43.21M	0.7%	$238.69 *	$51.12	+352.2%	COMMON	053015103
MCHP	MICROCHIP TECHNOLOGY ORD	451,600	$41.32M	0.7%	$91.50 *	$79.70	+9.9%	COMMON	595017104
CMCSA	COMCAST CL A ORD	1,037,500	$40.63M	0.7%	$39.16 *	$36.63	+1.4%	COMMON	20030N101
NSA	NATIONAL STORAGE AFFILIATES ORD	893,654	$36.84M	0.6%	$41.22	$35.22	—	COMMON	637870106
NEE	NEXTERA ENERGY ORD	491,000	$34.77M	0.6%	$70.81 *	$66.61	+1.7%	COMMON	65339F101
SNA	SNAP ON ORD	123,900	$32.39M	0.5%	$261.39 *	$129.93	+93.4%	COMMON	833034101
DG	DOLLAR GENERAL ORD	242,993	$32.13M	0.5%	$132.23 *	$130.92	-2.7%	COMMON	256677105
MA	MASTERCARD CL A ORD	61,000	$26.91M	0.4%	$441.16	$390.18	+12.1%	COMMON	57636Q104
PM	PHILIP MORRIS INTERNATIONAL ORD	242,435	$24.57M	0.4%	$101.33 *	$48.01	+99.4%	COMMON	718172109
PNW	PINNACLE WEST ORD	296,838	$22.67M	0.4%	$76.38 *	$59.72	+20.3%	COMMON	723484101
OC	OWENS CORNIING ORD	130,000	$22.58M	0.4%	$173.72	$152.55	+13.9%	COMMON	690742101
EL	ESTEE LAUDER CL A ORD	207,500	$22.08M	0.4%	$106.40 *	$250.61	-58.8%	COMMON	518439104
PLD	PROLOGIS REIT	168,000	$18.87M	0.3%	$112.31 *	$55.83	+91.2%	COMMON	74340W103
VZ	VERIZON COMMUNICATIONS ORD	405,301	$16.71M	0.3%	$41.24 *	$27.04	+38.2%	COMMON	92343V104
T	AT&T ORD	803,000	$15.35M	0.3%	$19.11 *	$11.40	+56.1%	COMMON	00206R102
BAX	BAXTER INTERNATIONAL ORD	456,379	$15.27M	0.3%	$33.45 *	$65.38	-50.4%	COMMON	071813109
AMT	AMERICAN TOWER REIT	60,000	$11.66M	0.2%	$194.38 *	$114.65	+61.2%	COMMON	03027X100
SOLV	SOLVENTUM ORD	130,425	$6.897M	0.1%	$52.88	$60.70	-12.9%	COMMON	83444M101
CME	CME GROUP CL A ORD	29,900	$5.878M	0.1%	$196.60 *	$39.16	+375.9%	COMMON	12572Q105
TOI	ONCOLOGY INSTITUTE ORD	699,500	$322K	0.0%	$0.46	$1.73	-73.5%	COMMON	68236X100
—	KINGSTONE COMPANIES, INC	90,000	$79,200	0.0%	$0.88	$0.50	—	WARRANT	9941426E2