Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	UnitedHealth Group Inc.	81,849	$38.68M	6.7%	—	—	COM	91324p102
MSFT	Microsoft Corp.	115,611	$33.33M	5.8%	—	—	COM	594918104
ELV	Elevance Health Inc.	46,408	$21.34M	3.7%	—	—	COM	036752103
PM	Philip Morris International	203,807	$19.82M	3.4%	—	—	COM	718172109
KR	Kroger Co.	377,367	$18.63M	3.2%	—	—	COM	501044101
—	Mastercard Inc.	42,180	$15.33M	2.6%	—	—	COM	57636q104
PEP	Pepsico Inc.	83,987	$15.31M	2.6%	—	—	COM	713448108
—	Merck & Co.Inc. New	122,902	$13.08M	2.3%	—	—	COM	58933y105
JNJ	Johnson & Johnson	78,775	$12.21M	2.1%	—	—	COM	478160104
—	Medtronic PLC	147,082	$11.86M	2.0%	—	—	FOR	g5960L103
BK	Bank of New York Mellon Corp	234,799	$10.67M	1.8%	—	—	COM	064058100
BAC	Bank of America Corp	345,983	$9.895M	1.7%	—	—	COM	060505104
—	Visa, Inc.	42,487	$9.579M	1.7%	—	—	COM	92826c839
—	Alphabet, Inc Voting Class	87,940	$9.122M	1.6%	—	—	COM	02079k305
CVS	CVS Health Corp.	119,456	$8.877M	1.5%	—	—	COM	126650100
—	The Travelers Companies Inc.	49,685	$8.517M	1.5%	—	—	COM	89417e109
—	Valero Energy Corp.	60,752	$8.481M	1.5%	—	—	COM	91913y100
AFL	AFLAC Inc.	126,532	$8.164M	1.4%	—	—	COM	001055102
LOW	Lowes Companies	40,733	$8.145M	1.4%	—	—	COM	548661107
—	Zimmer Biomet Holdings	61,859	$7.992M	1.4%	—	—	COM	98956p102
BRK/B	Berkshire Hathaway Inc. Class	25,390	$7.84M	1.4%	—	—	COM	084670702
BP	BP p.l.c.	201,729	$7.654M	1.3%	—	—	FOR	055622104
HD	Home Depot Inc.	25,893	$7.642M	1.3%	—	—	COM	437076102
WMT	Wal Mart Stores	51,305	$7.565M	1.3%	—	—	COM	931142103
ABT	Abbott Laboratories	72,371	$7.328M	1.3%	—	—	COM	002824100
—	Altria Group Inc.	159,866	$7.133M	1.2%	—	—	COM	02209s103
CI	Cigna Corp	25,621	$6.547M	1.1%	—	—	COM	125523100
—	LyondellBasell Industries N.V.	67,613	$6.348M	1.1%	—	—	FOR	n53745100
—	Biogen Inc.	22,295	$6.199M	1.1%	—	—	COM	09062x103
KO	Coca-Cola Company	99,423	$6.167M	1.1%	—	—	COM	191216100
—	Molson Coors Brewing Co	112,616	$5.82M	1.0%	—	—	COM	60871r209
GLW	Corning Inc	164,676	$5.81M	1.0%	—	—	COM	219350105
MRSH	Marsh & McLennan Co.	34,704	$5.78M	1.0%	—	—	COM	571748102
BKNG	Booking Holdings Inc.	2,168	$5.75M	1.0%	—	—	COM	09857L108
—	AbbVie, Inc.	34,891	$5.561M	1.0%	—	—	COM	00287y109
—	Unilever PCL ADR	105,503	$5.479M	0.9%	—	—	FOR	904767704
AIG	American International Group	105,257	$5.301M	0.9%	—	—	COM	026874784
BTI	British American Tobacco	145,360	$5.105M	0.9%	—	—	FOR	110448107
AAPL	Apple, Inc.	30,594	$5.045M	0.9%	—	—	COM	037833100
PAYX	Paychex Inc.	41,751	$4.784M	0.8%	—	—	COM	704326107
—	Costco Wholesale Corp	8,985	$4.465M	0.8%	—	—	COM	22160k105
CVX	Chevron Corp.	25,119	$4.098M	0.7%	—	—	COM	166764100
DGX	Quest Diagnostics Inc.	28,465	$4.027M	0.7%	—	—	COM	74834L100
—	Monster Beverage Corp.	71,600	$3.867M	0.7%	—	—	COM	61174x109
—	Comcast Corp Cl A	96,701	$3.666M	0.6%	—	—	COM	20030n101
—	DuPont de Nemours, Inc	50,751	$3.642M	0.6%	—	—	COM	26614n102
C	Citigroup Inc.	73,885	$3.464M	0.6%	—	—	COM	172967424
CTVA	Corteva, Inc.	57,242	$3.452M	0.6%	—	—	COM	22052L104
MCD	McDonalds Corp	11,752	$3.286M	0.6%	—	—	COM	580135101
BDX	Becton Dickinson & Co	13,205	$3.269M	0.6%	—	—	COM	075887109
FDX	Fedex Corp	13,935	$3.184M	0.5%	—	—	COM	31428X106
BA	Boeing Company	14,979	$3.182M	0.5%	—	—	COM	097023105
CE	Celanese Corp	29,105	$3.169M	0.5%	—	—	COM	150870103
DOW	Dow Inc.	57,141	$3.132M	0.5%	—	—	COM	260557103
—	Meta Platforms, Inc.	14,775	$3.131M	0.5%	—	—	COM	30303m102
UPS	United Parcel Service Inc.	15,917	$3.088M	0.5%	—	—	COM	911312106
—	Raytheon Technologies	31,216	$3.057M	0.5%	—	—	COM	75513e101
PG	Procter & Gamble Co.	20,460	$3.042M	0.5%	—	—	COM	742718109
BEN	Franklin Resources Inc.	110,350	$2.973M	0.5%	—	—	COM	354613101
—	The Mosaic Company	63,481	$2.913M	0.5%	—	—	COM	61945c103
—	ConocoPhillips	29,224	$2.899M	0.5%	—	—	COM	20825c104
WBD	Warner Bros. Discovery, Inc.	187,375	$2.829M	0.5%	—	—	COM	934423104
PFE	Pfizer Inc.	67,686	$2.762M	0.5%	—	—	COM	717081103
MDLZ	Mondelez International, Inc.	37,052	$2.583M	0.4%	—	—	COM	609207105
CSCO	Cisco Sys Inc.	49,061	$2.565M	0.4%	—	—	COM	17275R102
CTSH	Cognizant Technology Solutions	41,718	$2.542M	0.4%	—	—	COM	192446102
—	Arcos Dorados Hldgs.	327,095	$2.522M	0.4%	—	—	FOR	g0457f107
—	Unum Group	61,917	$2.449M	0.4%	—	—	COM	91529y106
—	Textainer Group Holdings Limit	75,307	$2.418M	0.4%	—	—	FOR	g8766e109
AMGN	Amgen Inc.	9,108	$2.202M	0.4%	—	—	COM	031162100
—	Diageo PLC ADR	11,884	$2.153M	0.4%	—	—	FOR	25243q205
—	America Movil ADR	99,466	$2.094M	0.4%	—	—	FOR	02390a101
—	Gates Industrial Corporation P	146,349	$2.033M	0.4%	—	—	COM	g39108108
BMY	Bristol Myers Squibb Co.	28,947	$2.006M	0.3%	—	—	COM	110122108
UNP	Union Pacific Corp	9,463	$1.905M	0.3%	—	—	COM	907818108
HRB	H&R Block Inc.	53,747	$1.895M	0.3%	—	—	COM	093671105
NKE	Nike Inc Class B	14,905	$1.828M	0.3%	—	—	COM	654106103
PSX	Phillips 66	17,812	$1.806M	0.3%	—	—	COM	718546104
ADP	Automatic Data Processing	7,755	$1.726M	0.3%	—	—	COM	053015103
—	DR Horton, Inc	17,030	$1.664M	0.3%	—	—	COM	23331a109
—	Grand Canyon Education, Inc.	14,455	$1.646M	0.3%	—	—	COM	38526m106
CPF	Central Pacific Financial Co	87,650	$1.569M	0.3%	—	—	COM	154760409
DIS	The Walt Disney Co.	15,573	$1.559M	0.3%	—	—	COM	254687106
YUM	Yum! Brands, Inc.	11,680	$1.543M	0.3%	—	—	COM	988498101
WFC	Wells Fargo & Co.	39,867	$1.49M	0.3%	—	—	COM	949746101
—	General Motors Company	38,574	$1.415M	0.2%	—	—	COM	37045v100
XOM	Exxon Mobil Corp	12,866	$1.411M	0.2%	—	—	COM	30231G102
—	Ameriprise Financial Inc.	4,538	$1.391M	0.2%	—	—	COM	03076c106
VZ	Verizon Communications	34,561	$1.344M	0.2%	—	—	COM	92343V104
SBUX	Starbucks Corp	12,818	$1.335M	0.2%	—	—	COM	855244109
—	Alibaba Group Holding Limited	12,935	$1.322M	0.2%	—	—	FOR	01609w102
LINC	Lincoln Educational	233,374	$1.321M	0.2%	—	—	COM	533535100
WAFD	Washington Federal	42,787	$1.289M	0.2%	—	—	COM	938824109
GSK	Glaxo SmithKline ADS	34,771	$1.237M	0.2%	—	—	FOR	37733W204
—	Trane Technologies PLC	6,665	$1.226M	0.2%	—	—	FOR	g8994e103
—	Sally Beauty Holdings Inc.	78,286	$1.22M	0.2%	—	—	COM	79546e104
ORCL	Oracle Corp	13,069	$1.214M	0.2%	—	—	COM	68389X105
AXP	American Express Co.	7,273	$1.2M	0.2%	—	—	COM	025816109
—	Organon & Co.	48,174	$1.133M	0.2%	—	—	COM	68622v106
GILD	Gilead Sciences Inc.	12,838	$1.065M	0.2%	—	—	COM	375558103
SHEL	Shell PLC	17,446	$1.004M	0.2%	—	—	FOR	780259305
—	FirstService Corp Voting Share	6,873	$969K	0.2%	—	—	FOR	33767e103
—	Manitex Intl	175,781	$916K	0.2%	—	—	COM	563420108
CAG	ConAgra Foods Inc.	24,170	$908K	0.2%	—	—	COM	205887102
—	AON Plc	2,847	$898K	0.2%	—	—	FOR	g0403h108
INTC	Intel Corp.	25,996	$849K	0.1%	—	—	COM	458140100
FORR	Forrester Research Inc.	25,550	$827K	0.1%	—	—	COM	346563109
CAT	Caterpillar Inc.	3,430	$785K	0.1%	—	—	COM	149123101
PH	Parker-Hannifin Corp.	2,255	$758K	0.1%	—	—	COM	701094104
CIGI	Colliers International Group	7,160	$756K	0.1%	—	—	FOR	194693107
LMT	Lockheed Martin Corp	1,520	$719K	0.1%	—	—	COM	539830109
TELFY	Telefonica S.A. ADR	166,863	$714K	0.1%	—	—	FOR	879382208
CAE	CAE Inc.	30,935	$700K	0.1%	—	—	FOR	124765108
—	Yum China Holdings, Inc.	10,620	$673K	0.1%	—	—	FOR	98850p109
—	AT & T, Inc. New	32,674	$629K	0.1%	—	—	COM	00206r102
AGCO	AGCO Corp	4,150	$561K	0.1%	—	—	COM	001084102
AMZN	Amazon.com, Inc.	5,290	$546K	0.1%	—	—	COM	023135106
—	Paramount Global B	24,430	$545K	0.1%	—	—	COM	92556h206
TSM	Taiwan Semiconductor Manufactu	5,487	$510K	0.1%	—	—	FOR	874039100
—	Alphabet, Inc Non-Voting Class	4,720	$491K	0.1%	—	—	COM	02079k107
—	Keurig Dr. Pepper Inc.	12,874	$454K	0.1%	—	—	COM	49271v100
KHC	The Kraft Heinz Company	11,647	$450K	0.1%	—	—	COM	500754106
LW	Lamb Weston Holdings	4,061	$424K	0.1%	—	—	COM	513272104
ALK	Alaska Air Group Inc.	9,695	$407K	0.1%	—	—	COM	011659109
QCOM	Qualcomm Inc	3,042	$388K	0.1%	—	—	COM	747525103
—	Allegion PLC	3,605	$385K	0.1%	—	—	FOR	g0176j109
WY	Weyerhaeuser Co.	12,662	$382K	0.1%	—	—	COM	962166104
—	Alkermes PLC	13,491	$380K	0.1%	—	—	FOR	g01767105
IFF	International Flavors & Fragra	4,128	$380K	0.1%	—	—	COM	459506101
HLN	Haleon PLC	43,956	$358K	0.1%	—	—	FOR	405552100
—	Ingersoll Rand Inc.	6,055	$352K	0.1%	—	—	COM	45687v106
TPR	Tapestry Inc.	7,955	$343K	0.1%	—	—	COM	876030107
USB	US Bancorp Delaware New	9,485	$342K	0.1%	—	—	COM	902973304
—	ManpowerGroup Inc.	4,090	$338K	0.1%	—	—	COM	56418h100
KLAC	Kla-Tencor Corp	835	$333K	0.1%	—	—	COM	482480100
—	Interpublic Group	8,812	$328K	0.1%	—	—	COM	460690100
HPQ	HP Inc.	10,574	$310K	0.1%	—	—	COM	40434L105
NUE	Nucor Corp	1,947	$301K	0.1%	—	—	COM	670346105
WU	Western Union Company	25,497	$284K	0.0%	—	—	COM	959802109
WM	Waste Management Inc. Del	1,657	$270K	0.0%	—	—	COM	94106L109
ITW	Illinois Tool Works Inc.	1,104	$269K	0.0%	—	—	COM	452308109
ADBE	Adobe Systems Inc	684	$264K	0.0%	—	—	COM	00724F101
DE	Deere & Co	610	$252K	0.0%	—	—	COM	244199105
LLY	Eli Lilly & Co	726	$249K	0.0%	—	—	COM	532457108
OXY	Occidental Petroleum Corp	3,817	$238K	0.0%	—	—	COM	674599105
DAL	Delta Airlines - New	6,700	$234K	0.0%	—	—	COM	247361702
CSX	CSX Corp	7,566	$227K	0.0%	—	—	COM	126408103
TM	Toyota Motor Corp ADR	1,590	$225K	0.0%	—	—	FOR	892331307
—	Laboratory Corp. of America	975	$224K	0.0%	—	—	COM	50540r409
GPC	Genuine Parts Co	1,290	$216K	0.0%	—	—	COM	372460105
SYK	Stryker Corporation	755	$216K	0.0%	—	—	COM	863667101
VALU	Value Line Inc.	4,239	$205K	0.0%	—	—	COM	920437100
GIS	General Mills	2,346	$200K	0.0%	—	—	COM	370334104
F	Ford Motor Co.- New	14,882	$188K	0.0%	—	—	COM	345370860
—	Hewlett Packard Enterprise Co.	11,621	$185K	0.0%	—	—	COM	42824c109
—	Global Medical REIT, Inc.	12,000	$109K	0.0%	—	—	COM	37954a204
NOK	Nokia Corp Sponsored ADR	12,947	$63,570	0.0%	—	—	FOR	654902204
—	WW International, Inc.	11,677	$48,109	0.0%	—	—	COM	98262p101
LYG	Lloyds TSB Group	11,500	$26,680	0.0%	—	—	COM	539439109
—	Credit Suisse Group ADR	12,950	$11,523	0.0%	—	—	FOR	225401108
—	Perspective Therapeutics	14,218	$9,071	0.0%	—	—	COM	46489v104