Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHW	Sherwin-Williams Co.	7,590	$5.601M	3.7%	$157.55	+44.8%	COM	824348106
INTC	Intel Corp.	40,797	$2.611M	1.7%	$44.11	+22.6%	COM	458140100
OMC	Omnicom Group	33,985	$2.52M	1.6%	$51.39	+13.1%	COM	681919106
ITT	ITT Corp.	26,606	$2.419M	1.6%	$39.09	+111.0%	COM	45073V108
NSC	Norfolk & Southern Corp.	8,917	$2.394M	1.6%	$65.36	+250.1%	COM	655844108
—	Linde PLC	8,219	$2.302M	1.5%	$156.02	—	COM	G5494J103
MTD	Mettler-Toledo International,	1,977	$2.285M	1.5%	$300.84	+285.2%	COM	592688105
SNA	Snap-on Inc.	9,867	$2.277M	1.5%	$132.47	+31.1%	COM	833034101
GGG	Graco Inc.	31,088	$2.227M	1.5%	$32.50	+105.2%	COM	384109104
—	Labrador Iron Ore Royalty Corp	74,577	$2.198M	1.4%	$14.69	—	COM	505440966
ADP	Automatic Data Processing, Inc	11,235	$2.117M	1.4%	$58.40	+168.2%	COM	053015103
—	Commonwealth Bank of Australia	32,188	$2.106M	1.4%	$61.89	—	COM	621503002
PAYX	Paychex, Inc.	20,993	$2.058M	1.3%	$34.95	+130.0%	COM	704326107
FISV	Fiserv Inc.	17,279	$2.057M	1.3%	$54.01	+112.5%	COM	337738108
GTBIF	Green Thumb Industries Inc.	68,900	$2.033M	1.3%	$10.10	+214.5%	COM	39342L108
TD	Toronto Dominion Bank	30,757	$2.006M	1.3%	$45.22	+35.0%	COM	891160509
GOOG	Alphabet Inc. Class C	958	$1.982M	1.3%	$67.68	+45.5%	COM	02079K107
GWW	W.W. Grainger, Inc.	4,703	$1.886M	1.2%	$194.62	+88.5%	COM	384802104
MCD	McDonald's Corp.	8,354	$1.872M	1.2%	$82.25	+132.5%	COM	580135101
CL	Colgate-Palmolive Co.	23,306	$1.837M	1.2%	$51.69	+35.4%	COM	194162103
HON	Honeywell International Inc.	8,345	$1.811M	1.2%	$79.73	+121.6%	COM	438516106
—	Schneider Electric SA	11,600	$1.771M	1.2%	$72.71	—	COM	483410007
CMI	Cummins Inc.	6,786	$1.758M	1.1%	$113.94	+94.7%	COM	231021106
TCNNF	Trulieve Cannabis Corp.	37,389	$1.701M	1.1%	$12.04	+278.3%	COM	89788C104
HUBB	Hubbell Inc.	9,002	$1.682M	1.1%	$84.41	+88.9%	COM	443510607
PAC	Grupo Aeroportuario Del Pacifi	15,612	$1.642M	1.1%	$76.99	—	ADR	400506101
SWKS	Skyworks Solutions Inc.	8,881	$1.629M	1.1%	$67.72	+125.9%	COM	83088M102
—	Straumann Holdings AG	1,273	$1.593M	1.0%	$435.76	—	COM	715683900
T	AT&T Inc.	51,747	$1.566M	1.0%	$16.39	-1.5%	COM	00206R102
VZ	Verizon Communications Inc.	26,400	$1.535M	1.0%	$32.91	+28.4%	COM	92343V104
EPD	Enterprise Products Partners L	69,441	$1.529M	1.0%	$35.61	—	UNIT LTD PARTN	293792107
KMI	Kinder Morgan, Inc.	91,188	$1.518M	1.0%	$13.25	-12.7%	COM	49456B101
META	Facebook Inc.	5,140	$1.514M	1.0%	$199.87	+33.8%	COM	30303M102
CPK	Chesapeake Utilities Corp.	12,905	$1.498M	1.0%	$47.69	+106.0%	COM	165303108
LKQ	LKQ Corp.	34,589	$1.464M	1.0%	$29.75	+18.7%	COM	501889208
NGG	National Grid PLC ADS	24,710	$1.464M	1.0%	$59.24	—	ADR	636274409
OGS	ONE Gas, Inc.	18,976	$1.459M	1.0%	$62.73	+16.3%	COM	68235P108
BRT	BRT Apartments Corp.	85,887	$1.446M	0.9%	$12.55	—	COM	055645303
—	Gaztransport et Technigaz SAS	17,983	$1.433M	0.9%	$50.41	—	COM	ACI07W296
PH	Parker Hannifin Corp.	4,496	$1.418M	0.9%	$89.83	+201.2%	COM	701094104
HEINY	Heineken NV ADR	26,786	$1.382M	0.9%	$37.88	—	ADR	423012301
NTAP	NetApp Inc.	18,879	$1.372M	0.9%	$37.08	+61.0%	COM	64110D104
HRL	Hormel Foods Corp.	28,437	$1.359M	0.9%	$26.31	+55.9%	COM	440452100
—	SThree PLC	255,538	$1.356M	0.9%	$5.00	—	COM	BOKM9T907
ATR	AptarGroup, Inc.	9,519	$1.349M	0.9%	$57.17	+126.3%	COM	038336103
AVY	Avery Dennison Corp.	7,299	$1.34M	0.9%	$49.86	+215.4%	COM	053611109
CMCSA	Comcast Corp.	24,317	$1.316M	0.9%	$26.58	+73.7%	COM	20030N101
GVDNY	Givaudan SA ADR	16,875	$1.303M	0.9%	$36.81	—	ADR	37636P108
PBA	Pembina Pipeline Corporation	44,225	$1.275M	0.8%	$21.56	0.0%	COM	706327103
SKT	Tanger Factory Outlet Centers,	83,890	$1.269M	0.8%	$5.00	—	COM	875465106
GOOD	Gladstone Commercial Corp.	64,844	$1.268M	0.8%	$17.94	—	COM	376536108
DAN	Dana Inc.	51,761	$1.259M	0.8%	$14.23	+42.0%	COM	235825205
MKC	McCormick & Company, Inc.	13,745	$1.226M	0.8%	$59.54	+34.7%	COM	579780206
—	Dollarama Inc.	27,761	$1.22M	0.8%	$24.84	—	COM	25675T958
LECO	Lincoln Electric Holdings, Inc	9,662	$1.188M	0.8%	$75.03	+59.3%	COM	533900106
CRLBF	Cresco Labs	94,890	$1.186M	0.8%	$7.92	+71.5%	COM	22587M106
XYL	Xylem, Inc.	11,063	$1.164M	0.8%	$31.78	+201.5%	COM	98419M100
NVS	Novartis AG ADR	13,590	$1.162M	0.8%	$79.69	—	ADR	66987V109
OKE	ONEOK Inc.	22,857	$1.158M	0.8%	$30.99	+11.4%	COM	682680103
PAGS	PagSeguro Digital LTD	25,000	$1.157M	0.8%	$28.20	+90.1%	COM	G68707101
EMR	Emerson Electric Co.	12,301	$1.11M	0.7%	$43.67	+78.2%	COM	291011104
GAIN	Gladstone Investment Corp.	87,112	$1.065M	0.7%	$5.19	+26.1%	COM	376546107
CHD	Church & Dwight Company, Inc.	11,997	$1.048M	0.7%	$41.80	+88.5%	COM	171340102
FBK	FB Financial Corp.	23,041	$1.024M	0.7%	$18.95	+101.4%	COM	30257X104
AAPL	Apple Inc.	8,354	$1.02M	0.7%	$90.03	+38.9%	COM	037833100
ATO	Atmos Energy Corp.	10,032	$992K	0.6%	$72.29	+11.4%	COM	049560105
AGYS	Agilysys, Inc.	20,441	$980K	0.6%	$16.19	+207.4%	COM	00847J105
—	Thunderbird Entertainment Grou	267,220	$973K	0.6%	$3.07	—	COM	88605U958
CVS	CVS Health Corporation	12,925	$972K	0.6%	$45.72	+36.2%	COM	126650100
TRP	TC Energy Corp F	21,158	$968K	0.6%	$34.41	0.0%	UNIT LTD PARTN	87807B107
BGSF	BGSF Inc.	68,525	$959K	0.6%	$8.72	0.0%	COM	05601C105
CLMB	Wayside Technology Group, Inc.	36,944	$929K	0.6%	$13.97	+41.9%	COM	946760105
—	Oasis Midstream Partners LP	41,490	$928K	0.6%	$15.60	—	UNIT LTD PARTN	67420T206
AHRT	Armada Hoffler Properties, Inc	72,513	$909K	0.6%	$12.56	—	COM	04208T108
—	Banco del Bajio SA	648,840	$867K	0.6%	$1.78	—	COM	ACI0VM9Y9
—	Sparebank 1 SR-Bank	70,650	$867K	0.6%	$5.75	—	COM	B40JTQ902
FAST	Fastenal Co.	16,907	$850K	0.6%	$11.31	+88.3%	COM	311900104
APD	Air Products & Chemicals Inc.	3,015	$848K	0.6%	$84.35	+184.7%	COM	009158106
PB	Prosperity Bancshares Inc.	11,226	$841K	0.5%	$37.40	+66.6%	COM	743606105
—	Novolipetsk GDR	25,985	$828K	0.5%	$20.36	—	ADR	B0RTNX900
INGR	Ingredion Inc.	9,002	$809K	0.5%	$100.83	-15.2%	COM	457187102
—	Equiniti Group PLC	449,160	$797K	0.5%	$2.26	—	COM	BYWWHR903
ENB	Enbridge Inc.	21,730	$791K	0.5%	$20.25	+26.3%	COM	29250N105
CSCO	Cisco Systems Inc.	14,528	$751K	0.5%	$35.85	+13.3%	COM	17275R102
—	Monmouth Real Estate Investmen	42,133	$745K	0.5%	$11.84	—	COM	609720107
NDSN	Nordson Corp.	3,665	$728K	0.5%	$83.80	+120.0%	COM	655663102
USPH	US Physical Therapy Inc.	6,986	$727K	0.5%	$44.39	+180.1%	COM	90337L108
—	BP Midstream Partners LP	55,520	$703K	0.5%	$14.33	—	UNIT LTD PARTN	0556EL109
—	ViacomCBS Inc Class B	15,560	$702K	0.5%	$24.86	—	COM	92556H206
—	Total SA ADR	14,902	$694K	0.5%	$50.49	—	ADR	89151E109
—	Precinct Properties New Zealan	604,339	$688K	0.4%	$0.86	—	COM	609327903
—	Annaly Capital Management	79,660	$685K	0.4%	$9.68	—	COM	035710409
—	Martinrea International Inc.	70,245	$682K	0.4%	$8.45	—	COM	573459963
TNC	Tennant Co.	8,476	$677K	0.4%	$52.87	+34.1%	COM	880345103
EDPFY	Energias de Portugal, SA ADR	11,351	$656K	0.4%	$33.87	—	ADR	268353109
NBIS	Yandex NV	9,965	$638K	0.4%	$25.23	—	COM	N97284108
—	H&R REIT	54,856	$625K	0.4%	$12.38	—	COM	403925977
LTC	LTC Properties Inc.	14,923	$623K	0.4%	$44.87	—	COM	502175102
ECL	Ecolab, Inc.	2,905	$622K	0.4%	$100.00	+101.5%	COM	278865100
BIOX	Bioceres Crop Solutions Corp.	59,970	$610K	0.4%	$8.39	0.0%	COM	G1117K114
—	BHP Billiton PLC ADR	10,252	$593K	0.4%	$42.12	—	ADR	05545E209
DMLP	Dorchester Minerals LP	43,235	$591K	0.4%	$14.59	—	UNIT LTD PARTN	25820R105
BAC	Bank of America Corp.	15,145	$586K	0.4%	$21.39	+43.2%	COM	060505104
—	Sabre Insurance Group PLC	165,650	$578K	0.4%	$3.59	—	COM	BYWVDP903
CMBT	Euronav NV	62,026	$568K	0.4%	$4.35	+18.5%	COM	B38564108
—	Urstadt Biddle Properties Inc.	33,090	$551K	0.4%	$19.32	—	COM	917286205
USAC	USA Compression Partners LP	35,768	$548K	0.4%	$18.22	—	UNIT LTD PARTN	90290N109
—	CDK Global Holdings LLC	10,083	$545K	0.4%	$45.23	—	COM	12508E101
JPM	JPMorgan Chase & Co.	3,557	$541K	0.4%	$88.28	+44.2%	COM	46625H100
ALOT	AstroNova, Inc.	40,145	$538K	0.4%	$14.44	-20.9%	COM	04638F108
SFL	SFL Corp. LTD	66,833	$536K	0.3%	$14.33	-48.3%	COM	G7738W106
GUKYF	Gulf Keystone Petroleum LTD	198,775	$489K	0.3%	$2.18	+3.7%	COM	G4209G207
—	Crombie REIT	37,008	$463K	0.3%	$10.54	—	COM	227107976
LYB	LyondellBasell Industries NV	4,367	$454K	0.3%	$53.69	+31.9%	COM	N53745100
—	Vermilion Energy Trust	61,480	$448K	0.3%	$20.52	—	COM	923725956
—	Credito Real Sofom ENR	939,434	$445K	0.3%	$0.80	—	COM	B8DST5905
ETN	Eaton Corporation PLC	3,210	$444K	0.3%	$103.87	+14.5%	COM	G29183103
WES	Western Midstream Partners, LP	23,736	$441K	0.3%	$31.12	—	UNIT LTD PARTN	958669103
IFF	International Flavors & Fragra	3,151	$440K	0.3%	$95.77	+18.2%	COM	459506101
—	Infraestructura Energ	113,420	$436K	0.3%	$4.41	—	COM	B84XBP909
ET	Energy Transfer LP	54,084	$415K	0.3%	$11.97	—	UNIT LTD PARTN	29273V100
—	Teekay LNG Partners LP	28,577	$411K	0.3%	$9.78	—	UNIT LTD PARTN	Y8564M105
SHO	Sunstone Hotel Investors, Inc.	30,634	$382K	0.2%	$14.64	—	COM	867892101
DIS	Walt Disney Co.	2,035	$375K	0.2%	$107.86	+67.0%	COM	254687106
MGY	Magnolia Oil & Gas Corp.	31,455	$361K	0.2%	$8.19	+27.2%	COM	559663109
—	Enerplus Resources Fund Trust	69,133	$346K	0.2%	$9.04	—	COM	292766102
MMM	3M Co.	1,770	$341K	0.2%	$125.09	0.0%	COM	88579Y101
—	Bank of Ireland Group PLC	66,606	$331K	0.2%	$5.40	—	COM	306062902
CBRL	Cracker Barrel Old Country Sto	1,882	$325K	0.2%	$114.40	+9.2%	COM	22410J106
BMY	BristolMyers Squibb Co.	4,915	$310K	0.2%	$50.09	+1.9%	COM	110122108
—	BW Energy LTD	96,775	$304K	0.2%	$1.73	—	COM	ACI1JYPR2
KHC	Kraft Heinz Co.	7,115	$285K	0.2%	$23.07	+24.1%	COM	500754106
HAS	Hasbro Inc.	2,959	$284K	0.2%	$60.35	+29.5%	COM	418056107
—	TransGlobe Energy Corp.	170,055	$269K	0.2%	$1.58	—	COM	893662106
—	Discovery Inc Class A	5,875	$255K	0.2%	$43.40	—	COM	25470F104
—	Harvest Health and Recreation	77,910	$252K	0.2%	$2.22	—	COM	41755M102
BNEFF	Bonterra Energy Corp.	73,981	$235K	0.2%	$8.18	-69.0%	COM	098546104
—	Royal Dutch Shell ADR B Shares	6,180	$228K	0.1%	$33.66	—	ADR	780259107
ROSYY	Rostelecom Long Distance ADR	25,300	$211K	0.1%	$7.94	—	ADR	778529107
APA	APA Corp.	10,720	$192K	0.1%	$16.01	0.0%	COM	03743Q108
—	Coats Group PLC	242,035	$190K	0.1%	$0.52	—	COM	B4YZN3906
—	Indiva Limited	122,000	$48,000	0.0%	$0.20	—	COM	45580J101
—	Valens Company	21,690	$47,000	0.0%	$2.17	—	COM	91914P108
MMLP	Martin Midstream Partners LP	15,499	$38,000	0.0%	$23.02	—	UNIT LTD PARTN	573331105
—	Mechel Open Joint Stock Co. AD	14,781	$26,000	0.0%	$2.87	—	ADR	583840608