Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	129,000	$16.92M	12.2%	$65.75	+82.7%	COM	478160104
—	JPMorgan Chase	75,744	$6.819M	4.9%	$58.86	—	COM	46625h100
PG	Procter & Gamble	41,556	$4.571M	3.3%	$58.01	+79.0%	COM	742718109
INTC	Intel	83,795	$4.535M	3.3%	$20.03	+161.2%	COM	458140100
PFE	Pfizer	135,549	$4.425M	3.2%	$17.65	+46.3%	COM	717081103
NSRGY	Nestle ADR	41,497	$4.265M	3.1%	$77.33	—	COM	641069406
BMY	Bristol-Myers Squibb	64,917	$3.618M	2.6%	$36.14	+34.4%	COM	110122108
CLX	Clorox	18,954	$3.284M	2.4%	$63.81	+117.3%	COM	189054109
—	Hoya Capital Housing ETF	172,077	$3.269M	2.4%	$26.58	—	COM	26922a230
PEP	PepsiCo	26,957	$3.238M	2.3%	$57.75	+95.2%	COM	713448108
AAPL	Apple	12,680	$3.224M	2.3%	$22.88	+210.6%	COM	037833100
DIS	Disney	29,963	$2.895M	2.1%	$71.78	+72.1%	COM	254687106
MSFT	Microsoft	18,195	$2.87M	2.1%	$51.52	+203.4%	COM	594918104
—	Merck	36,693	$2.824M	2.0%	$50.04	—	COM	58933y105
ABT	Abbott Laboratories	32,867	$2.594M	1.9%	$33.14	+127.3%	COM	002824100
ABBV	Abbvie	32,829	$2.501M	1.8%	$31.21	+115.3%	COM	00287Y109
XOM	Exxon Mobil	65,223	$2.477M	1.8%	$55.85	-24.6%	COM	30231G102
HD	Home Depot	11,027	$2.059M	1.5%	$84.52	+125.0%	COM	437076102
SPGI	S&P Global	8,042	$1.971M	1.4%	$106.64	+144.9%	COM	78409V104
MKC	McCormick	13,155	$1.858M	1.3%	$27.37	+152.0%	COM	579780206
—	Verizon Communications	34,059	$1.83M	1.3%	$51.77	—	COM	92343v104
AMZN	Amazon	841	$1.639M	1.2%	$86.54	+11.8%	COM	023135106
WM	Waste Management	17,121	$1.585M	1.1%	$46.45	+124.3%	COM	94106L109
SNPS	Synopsys	12,063	$1.554M	1.1%	$78.29	+81.7%	COM	871607107
—	Alphabet Class C	1,331	$1.548M	1.1%	$898.08	—	COM	02079k107
IBM	International Business Machine	13,627	$1.512M	1.1%	$105.22	-6.6%	COM	459200101
CVX	Chevron	19,818	$1.436M	1.0%	$71.37	+6.5%	COM	166764100
MCD	McDonald's Corp.	7,825	$1.294M	0.9%	$70.01	+145.5%	COM	580135101
AMGN	Amgen	6,273	$1.272M	0.9%	$97.44	+87.0%	COM	031162100
AMAT	Applied Materials	26,665	$1.222M	0.9%	$42.12	+29.0%	COM	038222105
SCHW	Schwab, Charles	36,213	$1.217M	0.9%	$34.51	+12.1%	COM	808513105
—	IAC Interactive Corp.	6,537	$1.172M	0.8%	$119.77	—	COM	44919P508
—	Zoetis	9,620	$1.132M	0.8%	$65.48	—	COM	98978v103
NEM	Newmont Mining Corp.	24,134	$1.093M	0.8%	$28.81	+31.5%	COM	651639106
DIOD	Diodes	25,944	$1.054M	0.8%	$28.45	+68.6%	COM	254543101
—	Dell	26,650	$1.054M	0.8%	$55.08	—	COM	24703l103
AXP	American Express	12,153	$1.04M	0.7%	$69.27	+55.3%	COM	025816109
CMS	CMS Energy	16,584	$974K	0.7%	$36.62	+46.5%	COM	125896100
HUM	Humana	3,060	$961K	0.7%	$237.50	+34.7%	COM	444859102
ICLR	Icon PLC	6,999	$952K	0.7%	$106.42	+50.4%	COM	G4705A100
BDX	Becton Dickinson	4,142	$952K	0.7%	$195.10	+15.3%	COM	075887109
RS	Reliance Steel & Aluminum	10,592	$928K	0.7%	$77.77	+37.2%	COM	759509102
MAA	Mid America Apartment Communit	8,990	$926K	0.7%	$79.97	+33.0%	COM	59522J103
WMT	Wal-Mart Stores	8,042	$914K	0.7%	$20.33	+74.0%	COM	931142103
NVDA	Nvidia Corp.	3,184	$839K	0.6%	$4.52	+39.1%	COM	67066G104
ROK	Rockwell Automation	5,356	$808K	0.6%	$144.03	+16.1%	COM	773903109
UNH	United Health Group	3,220	$803K	0.6%	$127.08	+96.5%	COM	91324P102
—	3M	5,830	$796K	0.6%	$142.38	—	COM	88579y101
NDAQ	Nasdaq	8,354	$793K	0.6%	$21.93	+48.5%	COM	631103108
UNP	Union Pacific	5,525	$779K	0.6%	$72.00	+101.4%	COM	907818108
—	General Electric	95,770	$761K	0.5%	$27.51	—	COM	369604103
—	Varian Medical Systems	7,384	$758K	0.5%	$101.50	—	COM	92220P105
—	Zimmer Biomet	7,370	$745K	0.5%	$93.60	—	COM	98956p102
PWR	Quanta Services	22,555	$716K	0.5%	$34.50	+6.3%	COM	74762E102
EMR	Emerson Electric	15,004	$715K	0.5%	$48.20	+19.8%	COM	291011104
AWK	American Water Works	5,812	$695K	0.5%	$70.71	+63.3%	COM	030420103
—	National Health Investors	13,465	$667K	0.5%	$78.56	—	COM	63633d104
DD	Du Pont (E.I) de Nemours	19,541	$666K	0.5%	$27.24	-33.4%	COM	26614N102
DOV	Dover Corp.	7,876	$661K	0.5%	$61.59	+58.8%	COM	260003108
DLB	Dolby Class A	12,150	$659K	0.5%	$47.41	+26.7%	COM	25659T107
AMN	AMN Healthcare Svcs.	11,200	$647K	0.5%	$62.88	+8.8%	COM	001744101
JKHY	Jack Henry & Assoc.	3,938	$611K	0.4%	$132.90	+8.8%	COM	426281101
—	Store Cap Corp	32,745	$593K	0.4%	$25.69	—	COM	862121100
CTSH	Cognizant Technology Solutions	12,740	$592K	0.4%	$67.32	-19.0%	COM	192446102
INTU	Intuit	2,550	$587K	0.4%	$249.70	+4.5%	COM	461202103
HII	Huntington Ingalls Ind.	3,150	$574K	0.4%	$187.16	+8.8%	COM	446413106
DOW	Dow	19,291	$564K	0.4%	$36.37	-15.9%	COM	260557103
UHS	Universal Health Svcs	5,530	$548K	0.4%	$118.69	+3.8%	COM	913903100
KR	Kroger	17,045	$513K	0.4%	$25.42	+1.9%	COM	501044101
VAC	Marriott Vacations Worldwide	8,605	$478K	0.3%	$116.83	-11.1%	COM	57164Y107
DAL	Delta	16,670	$476K	0.3%	$48.02	0.0%	COM	247361702
CVS	CVS/Caremark	7,955	$472K	0.3%	$44.92	+23.1%	COM	126650100
QCOM	Qualcomm	6,881	$465K	0.3%	$59.93	+20.0%	COM	747525103
—	Corteva	19,539	$459K	0.3%	$29.60	—	COM	22052l104
—	Truist Financial	14,636	$451K	0.3%	$56.30	—	COM	89832q109
ORI	Old Republic	29,150	$445K	0.3%	$12.05	+4.6%	COM	680223104
—	AT&T	15,254	$445K	0.3%	$34.94	—	COM	030177109
MAS	Masco Corp.	12,731	$440K	0.3%	$33.43	+18.3%	COM	574599106
EIX	Edison International	7,992	$438K	0.3%	$54.64	-2.8%	COM	281020107
—	First American Financial	9,724	$412K	0.3%	$50.94	—	COM	31847r102
—	Cisco Systems	10,338	$406K	0.3%	$24.88	—	COM	17275R952
KEY	Keycorp	38,740	$402K	0.3%	$14.64	-15.0%	COM	493267108
UPS	United Parcel Service 'B'	4,200	$392K	0.3%	$77.13	+6.2%	COM	911312106
NSC	Norfolk Southern	2,619	$382K	0.3%	$65.71	+149.0%	COM	655844108
KMB	Kimberly Clark	2,942	$376K	0.3%	$66.36	+68.9%	COM	494368103
DLR	Digital Realty Trust	2,605	$362K	0.3%	$91.19	+13.7%	COM	253868103
BK	Bank of New York Mellon	10,560	$356K	0.3%	$24.30	+45.6%	COM	064058100
—	Flir Systems	10,749	$343K	0.2%	$39.65	—	COM	302445101
FIS	Fidelity National Info.	2,666	$324K	0.2%	$40.05	+207.4%	COM	31620M106
POST	Post Holdings	3,855	$320K	0.2%	$60.24	+7.9%	COM	737446104
PII	Polaris Ind.	6,305	$304K	0.2%	$95.98	-14.5%	COM	731068102
KO	Coca-Cola	6,650	$294K	0.2%	$26.95	+67.0%	COM	191216100
WLK	Westlake Chemical Corp.	7,604	$290K	0.2%	$66.78	-23.5%	COM	960413102
—	Allete	4,672	$283K	0.2%	$87.33	—	COM	018522300
—	Cigna	1,545	$274K	0.2%	$189.89	—	COM	125509109
BYD	Boyd Gaming	19,000	$274K	0.2%	$26.95	-8.8%	COM	103304101
—	Wyndham Hotels & Resorts	7,974	$251K	0.2%	$58.82	—	COM	98311a105
AMP	Ameriprise Financial	2,400	$246K	0.2%	$78.85	+69.9%	COM	03076C106
YUM	Yum! Brands	3,537	$242K	0.2%	$40.89	+104.4%	COM	988498101
EFX	Equifax	1,971	$235K	0.2%	$77.84	+78.7%	COM	294429105
FITB	Fifth 3rd Bancorp	15,605	$232K	0.2%	$21.02	-6.5%	COM	316773100
URI	United Rentals	2,100	$216K	0.2%	$137.74	-6.8%	COM	911363109
MCO	Moody's Corp.	946	$200K	0.1%	$154.93	+49.3%	COM	615369105
—	Baker Hughes	18,647	$196K	0.1%	$25.63	—	COM	05722g100
SLB	Schlumberger	10,513	$142K	0.1%	$65.00	-61.1%	COM	806857108