Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft Corp.	115,610	$39.37M	6.5%	—	—	COM	594918104
—	UnitedHealth Group Inc.	79,444	$38.18M	6.3%	—	—	COM	91324p102
ELV	Elevance Health Inc.	46,363	$20.6M	3.4%	—	—	COM	036752103
PM	Philip Morris International	207,057	$20.21M	3.4%	—	—	COM	718172109
KR	Kroger Co.	377,217	$17.73M	2.9%	—	—	COM	501044101
—	Mastercard Inc.	40,090	$15.77M	2.6%	—	—	COM	57636q104
PEP	Pepsico Inc.	82,891	$15.35M	2.5%	—	—	COM	713448108
—	Merck & Co.Inc. New	124,033	$14.31M	2.4%	—	—	COM	58933y105
JNJ	Johnson & Johnson	79,266	$13.12M	2.2%	—	—	COM	478160104
—	Medtronic PLC	147,367	$12.98M	2.2%	—	—	FOR	g5960L103
—	Alphabet, Inc Voting Class	88,095	$10.54M	1.7%	—	—	COM	02079k305
BK	Bank of New York Mellon Corp	234,759	$10.45M	1.7%	—	—	COM	064058100
—	Visa, Inc.	42,487	$10.09M	1.7%	—	—	COM	92826c839
BAC	Bank of America Corp	345,200	$9.904M	1.6%	—	—	COM	060505104
LOW	Lowes Companies	40,758	$9.199M	1.5%	—	—	COM	548661107
—	Zimmer Biomet Holdings	61,859	$9.007M	1.5%	—	—	COM	98956p102
AFL	AFLAC Inc.	126,392	$8.822M	1.5%	—	—	COM	001055102
BRK/B	Berkshire Hathaway Inc. Class	25,390	$8.658M	1.4%	—	—	COM	084670702
—	The Travelers Companies Inc.	49,675	$8.627M	1.4%	—	—	COM	89417e109
CVS	CVS Health Corp.	119,156	$8.237M	1.4%	—	—	COM	126650100
ABT	Abbott Laboratories	74,742	$8.148M	1.4%	—	—	COM	002824100
WMT	Wal Mart Stores	51,286	$8.061M	1.3%	—	—	COM	931142103
HD	Home Depot Inc.	25,883	$8.04M	1.3%	—	—	COM	437076102
—	Molson Coors Brewing Co	113,074	$7.445M	1.2%	—	—	COM	60871r209
—	Altria Group Inc.	159,831	$7.24M	1.2%	—	—	COM	02209s103
CI	Cigna Corp	25,726	$7.219M	1.2%	—	—	COM	125523100
—	Valero Energy Corp.	60,742	$7.125M	1.2%	—	—	COM	91913y100
BP	BP p.l.c.	201,319	$7.105M	1.2%	—	—	FOR	055622104
MRSH	Marsh & McLennan Co.	36,340	$6.835M	1.1%	—	—	COM	571748102
—	LyondellBasell Industries N.V.	67,591	$6.207M	1.0%	—	—	FOR	n53745100
—	Biogen Inc.	21,785	$6.205M	1.0%	—	—	COM	09062x103
AIG	American International Group	105,232	$6.055M	1.0%	—	—	COM	026874784
KO	Coca-Cola Company	99,338	$5.982M	1.0%	—	—	COM	191216100
AAPL	Apple, Inc.	30,546	$5.925M	1.0%	—	—	COM	037833100
BKNG	Booking Holdings Inc.	2,166	$5.849M	1.0%	—	—	COM	09857L108
GLW	Corning Inc	164,676	$5.77M	1.0%	—	—	COM	219350105
—	Unilever PCL ADR	105,503	$5.5M	0.9%	—	—	FOR	904767704
BTI	British American Tobacco	161,510	$5.362M	0.9%	—	—	FOR	110448107
—	AbbVie, Inc.	37,275	$5.022M	0.8%	—	—	COM	00287y109
—	Costco Wholesale Corp	8,982	$4.836M	0.8%	—	—	COM	22160k105
PAYX	Paychex Inc.	41,526	$4.646M	0.8%	—	—	COM	704326107
—	Meta Platforms, Inc.	14,775	$4.24M	0.7%	—	—	COM	30303m102
CVX	Chevron Corp.	26,299	$4.138M	0.7%	—	—	COM	166764100
—	Monster Beverage Corp.	71,600	$4.113M	0.7%	—	—	COM	61174x109
—	Comcast Corp Cl A	97,051	$4.032M	0.7%	—	—	COM	20030n101
DGX	Quest Diagnostics Inc.	28,465	$4.001M	0.7%	—	—	COM	74834L100
—	DuPont de Nemours, Inc	50,751	$3.626M	0.6%	—	—	COM	26614n102
MCD	McDonalds Corp	11,743	$3.504M	0.6%	—	—	COM	580135101
BDX	Becton Dickinson & Co	13,205	$3.486M	0.6%	—	—	COM	075887109
FDX	Fedex Corp	13,865	$3.437M	0.6%	—	—	COM	31428X106
C	Citigroup Inc.	73,860	$3.401M	0.6%	—	—	COM	172967424
CE	Celanese Corp	29,105	$3.37M	0.6%	—	—	COM	150870103
—	Arcos Dorados Hldgs.	323,891	$3.32M	0.6%	—	—	FOR	g0457f107
CTVA	Corteva, Inc.	57,242	$3.28M	0.5%	—	—	COM	22052L104
BA	Boeing Company	14,946	$3.156M	0.5%	—	—	COM	097023105
PG	Procter & Gamble Co.	20,380	$3.092M	0.5%	—	—	COM	742718109
—	Raytheon Technologies	31,216	$3.058M	0.5%	—	—	COM	75513e101
DOW	Dow Inc.	57,141	$3.043M	0.5%	—	—	COM	260557103
—	ConocoPhillips	29,144	$3.02M	0.5%	—	—	COM	20825c104
—	Textainer Group Holdings Limit	74,615	$2.938M	0.5%	—	—	FOR	g8766e109
BEN	Franklin Resources Inc.	109,763	$2.932M	0.5%	—	—	COM	354613101
—	Unum Group	59,839	$2.854M	0.5%	—	—	COM	91529y106
UPS	United Parcel Service Inc.	15,918	$2.853M	0.5%	—	—	COM	911312106
CTSH	Cognizant Technology Solutions	41,718	$2.723M	0.5%	—	—	COM	192446102
MDLZ	Mondelez International, Inc.	37,011	$2.7M	0.4%	—	—	COM	609207105
PFE	Pfizer Inc.	72,350	$2.654M	0.4%	—	—	COM	717081103
CSCO	Cisco Sys Inc.	48,906	$2.53M	0.4%	—	—	COM	17275R102
WBD	Warner Bros. Discovery, Inc.	187,443	$2.351M	0.4%	—	—	COM	934423104
—	The Mosaic Company	63,364	$2.218M	0.4%	—	—	COM	61945c103
—	Gates Industrial Corporation P	157,349	$2.121M	0.4%	—	—	COM	g39108108
AMGN	Amgen Inc.	9,408	$2.089M	0.3%	—	—	COM	031162100
—	DR Horton, Inc	17,030	$2.072M	0.3%	—	—	COM	23331a109
—	Diageo PLC ADR	11,884	$2.062M	0.3%	—	—	FOR	25243q205
UNP	Union Pacific Corp	9,460	$1.936M	0.3%	—	—	COM	907818108
BMY	Bristol Myers Squibb Co.	28,873	$1.846M	0.3%	—	—	COM	110122108
—	America Movil ADR	84,166	$1.821M	0.3%	—	—	FOR	02390a101
HRB	H&R Block Inc.	53,747	$1.713M	0.3%	—	—	COM	093671105
ADP	Automatic Data Processing	7,755	$1.704M	0.3%	—	—	COM	053015103
PSX	Phillips 66	17,812	$1.699M	0.3%	—	—	COM	718546104
NKE	Nike Inc Class B	14,880	$1.642M	0.3%	—	—	COM	654106103
WFC	Wells Fargo & Co.	38,067	$1.625M	0.3%	—	—	COM	949746101
YUM	Yum! Brands, Inc.	11,680	$1.618M	0.3%	—	—	COM	988498101
LINC	Lincoln Educational	233,374	$1.573M	0.3%	—	—	COM	533535100
ORCL	Oracle Corp	13,069	$1.556M	0.3%	—	—	COM	68389X105
—	Ameriprise Financial Inc.	4,538	$1.507M	0.3%	—	—	COM	03076c106
—	Grand Canyon Education, Inc.	14,455	$1.492M	0.2%	—	—	COM	38526m106
—	General Motors Company	38,574	$1.487M	0.2%	—	—	COM	37045v100
DIS	The Walt Disney Co.	15,516	$1.385M	0.2%	—	—	COM	254687106
XOM	Exxon Mobil Corp	12,866	$1.38M	0.2%	—	—	COM	30231G102
CPF	Central Pacific Financial Corp	87,650	$1.377M	0.2%	—	—	COM	154760409
VZ	Verizon Communications	34,486	$1.283M	0.2%	—	—	COM	92343V104
—	Trane Technologies PLC	6,665	$1.275M	0.2%	—	—	FOR	g8994e103
AXP	American Express Co.	7,273	$1.267M	0.2%	—	—	COM	025816109
SBUX	Starbucks Corp	12,768	$1.265M	0.2%	—	—	COM	855244109
GSK	Glaxo SmithKline ADS	35,476	$1.264M	0.2%	—	—	FOR	37733W204
—	Keurig Dr. Pepper Inc.	39,559	$1.237M	0.2%	—	—	COM	49271v100
WAFD	Washington Federal	42,766	$1.134M	0.2%	—	—	COM	938824109
SHEL	Shell PLC	18,431	$1.113M	0.2%	—	—	FOR	780259305
—	Alibaba Group Holding Limited	12,935	$1.078M	0.2%	—	—	FOR	01609w102
—	FirstService Corp Voting Share	6,873	$1.059M	0.2%	—	—	FOR	33767e202
FORR	Forrester Research Inc.	34,916	$1.016M	0.2%	—	—	COM	346563109
—	Organon & Co.	48,169	$1.002M	0.2%	—	—	COM	68622v106
GILD	Gilead Sciences Inc.	12,803	$987K	0.2%	—	—	COM	375558103
—	AON Plc	2,847	$983K	0.2%	—	—	FOR	g0403h108
—	Sally Beauty Holdings Inc.	77,886	$962K	0.2%	—	—	COM	79546e104
—	Manitex Intl	175,781	$942K	0.2%	—	—	COM	563420108
CIGI	Colliers International Group	9,460	$929K	0.2%	—	—	FOR	194693107
PH	Parker-Hannifin Corp.	2,255	$880K	0.1%	—	—	COM	701094104
INTC	Intel Corp.	25,746	$861K	0.1%	—	—	COM	458140100
CAT	Caterpillar Inc.	3,430	$844K	0.1%	—	—	COM	149123101
CAG	ConAgra Foods Inc.	24,170	$815K	0.1%	—	—	COM	205887102
LMT	Lockheed Martin Corp	1,520	$700K	0.1%	—	—	COM	539830109
CAE	CAE Inc.	30,935	$692K	0.1%	—	—	FOR	124765108
AMZN	Amazon.com, Inc.	5,290	$690K	0.1%	—	—	COM	023135106
TELFY	Telefonica S.A. ADR	166,568	$671K	0.1%	—	—	FOR	879382208
—	Yum China Holdings, Inc.	10,620	$600K	0.1%	—	—	FOR	98850p109
—	Alphabet, Inc Non-Voting Class	4,720	$571K	0.1%	—	—	COM	02079k107
TSM	Taiwan Semiconductor Manufactu	5,487	$554K	0.1%	—	—	FOR	874039100
AGCO	AGCO Corp	4,150	$545K	0.1%	—	—	COM	001084102
—	Domino's Pizza Inc.	1,600	$539K	0.1%	—	—	COM	25754a201
—	AT & T, Inc. New	33,368	$532K	0.1%	—	—	COM	00206r102
ALK	Alaska Air Group Inc.	9,670	$514K	0.1%	—	—	COM	011659109
LW	Lamb Weston Holdings	4,061	$467K	0.1%	—	—	COM	513272104
—	Allegion PLC	3,605	$433K	0.1%	—	—	FOR	g0176j109
WY	Weyerhaeuser Co.	12,616	$423K	0.1%	—	—	COM	962166104
—	Alkermes PLC	13,491	$422K	0.1%	—	—	FOR	g01767105
KHC	The Kraft Heinz Company	11,541	$410K	0.1%	—	—	COM	500754106
KLAC	KLA Corp	835	$405K	0.1%	—	—	COM	482480100
GD	General Dynamics	1,860	$400K	0.1%	—	—	COM	369550108
—	Ingersoll Rand Inc.	6,055	$396K	0.1%	—	—	COM	45687v106
—	Paramount Global B	24,430	$389K	0.1%	—	—	COM	92556h206
USB	US Bancorp Delaware New	11,509	$380K	0.1%	—	—	COM	902973304
HLN	Haleon PLC	44,956	$377K	0.1%	—	—	FOR	405552100
HPQ	HP Inc.	11,974	$368K	0.1%	—	—	COM	40434L105
QCOM	Qualcomm Inc	3,042	$362K	0.1%	—	—	COM	747525103
—	Ferguson PLC	2,300	$362K	0.1%	—	—	FOR	g3421j106
LLY	Eli Lilly & Co	726	$340K	0.1%	—	—	COM	532457108
—	Interpublic Group	8,812	$340K	0.1%	—	—	COM	460690100
TPR	Tapestry Inc.	7,930	$339K	0.1%	—	—	COM	876030107
ADBE	Adobe Systems Inc	684	$334K	0.1%	—	—	COM	00724F101
IFF	International Flavors & Fragra	4,125	$328K	0.1%	—	—	COM	459506101
—	ManpowerGroup Inc.	4,090	$325K	0.1%	—	—	COM	56418h100
NUE	Nucor Corp	1,947	$319K	0.1%	—	—	COM	670346105
DAL	Delta Airlines - New	6,700	$319K	0.1%	—	—	COM	247361702
WU	Western Union Company	24,831	$291K	0.0%	—	—	COM	959802109
WM	Waste Management Inc. Del	1,657	$287K	0.0%	—	—	COM	94106L109
ITW	Illinois Tool Works Inc.	1,104	$276K	0.0%	—	—	COM	452308109
—	General Electric Co.	2,478	$272K	0.0%	—	—	COM	369604103
CSX	CSX Corp	7,566	$258K	0.0%	—	—	COM	126408103
TM	Toyota Motor Corp ADR	1,590	$256K	0.0%	—	—	FOR	892331307
DE	Deere & Co	610	$247K	0.0%	—	—	COM	244199105
EFX	Equifax Inc.	1,000	$235K	0.0%	—	—	COM	294429105
—	Laboratory Corp. of America	975	$235K	0.0%	—	—	COM	50540r409
SYK	Stryker Corporation	755	$230K	0.0%	—	—	COM	863667101
OXY	Occidental Petroleum Corp	3,817	$224K	0.0%	—	—	COM	674599105
F	Ford Motor Co.- New	14,682	$222K	0.0%	—	—	COM	345370860
—	Hewlett Packard Enterprise Co.	13,021	$219K	0.0%	—	—	COM	42824c109
GPC	Genuine Parts Co	1,290	$218K	0.0%	—	—	COM	372460105
ANDE	Andersons Inc.	4,489	$207K	0.0%	—	—	COM	034164103
—	ASML Holding N.V.	277	$201K	0.0%	—	—	FOR	n07059178
—	Global Medical REIT, Inc.	12,000	$110K	0.0%	—	—	COM	37954a204
—	WW International, Inc.	11,677	$78,469	0.0%	—	—	COM	98262p101
NOK	Nokia Corp Sponsored ADR	12,947	$53,860	0.0%	—	—	FOR	654902204
LYG	Lloyds TSB Group	11,500	$25,300	0.0%	—	—	COM	539439109
—	Perspective Therapeutics	10,218	$6,826	0.0%	—	—	COM	46489v104
GTCH	GBT Technologies Inc	150,000	$30	0.0%	—	—	COM	361548308