Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	103,602	$16.3M	8.6%	$65.75	+93.9%	COM	478160104
—	JPMorgan Chase	75,552	$9.601M	5.1%	$58.86	—	COM	46625h100
AAPL	Apple	50,530	$6.705M	3.6%	$85.03	+37.6%	COM	037833100
—	Hoya Capital Housing ETF	179,022	$5.787M	3.1%	$26.68	—	COM	26922a230
PG	Procter & Gamble	41,231	$5.737M	3.0%	$58.01	+112.3%	COM	742718109
DIS	Disney	29,963	$5.428M	2.9%	$71.78	+95.4%	COM	254687106
NSRGY	Nestle ADR	42,372	$4.998M	2.6%	$78.17	—	COM	641069406
PFE	Pfizer	135,715	$4.995M	2.6%	$17.65	+62.2%	COM	717081103
MSFT	Microsoft	19,927	$4.433M	2.3%	$63.55	+224.2%	COM	594918104
BMY	Bristol-Myers Squibb	70,332	$4.363M	2.3%	$37.15	+34.7%	COM	110122108
INTC	Intel	84,395	$4.204M	2.2%	$20.38	+116.0%	COM	458140100
PEP	PepsiCo	26,857	$3.983M	2.1%	$57.75	+109.9%	COM	713448108
CLX	Clorox	18,504	$3.736M	2.0%	$63.81	+176.4%	COM	189054109
ABT	Abbott Laboratories	33,392	$3.656M	1.9%	$33.91	+192.7%	COM	002824100
ABBV	Abbvie	33,877	$3.63M	1.9%	$32.29	+144.5%	COM	00287Y109
—	Merck	36,643	$2.997M	1.6%	$50.04	—	COM	58933y105
HD	Home Depot	11,027	$2.929M	1.6%	$84.52	+186.9%	COM	437076102
AMZN	Amazon	834	$2.717M	1.4%	$87.42	+82.5%	COM	023135106
SPGI	S&P Global	7,732	$2.542M	1.3%	$106.64	+203.1%	COM	78409V104
—	Alphabet Class C	1,374	$2.407M	1.3%	$914.94	—	COM	02079k107
XOM	Exxon Mobil	55,945	$2.306M	1.2%	$55.85	-45.6%	COM	30231G102
MKC	McCormick	22,870	$2.186M	1.2%	$56.09	+51.2%	COM	579780206
AMAT	Applied Materials	24,912	$2.15M	1.1%	$42.12	+67.8%	COM	038222105
WM	Waste Management	17,521	$2.066M	1.1%	$47.68	+125.3%	COM	94106L109
—	Verizon Communications	35,142	$2.065M	1.1%	$52.01	—	COM	92343v104
SNPS	Synopsys	7,852	$2.036M	1.1%	$78.29	+194.6%	COM	871607107
SCHW	Schwab, Charles	36,063	$1.913M	1.0%	$34.51	+22.7%	COM	808513105
IBM	International Business Machine	15,103	$1.901M	1.0%	$104.00	-10.2%	COM	459200101
AXP	American Express	15,393	$1.861M	1.0%	$72.71	+42.8%	COM	025816109
—	Zimmer Biomet	11,894	$1.833M	1.0%	$105.38	—	COM	98956p102
—	Dell	25,000	$1.832M	1.0%	$55.08	—	COM	24703l103
—	Zoetis	10,950	$1.812M	1.0%	$74.17	—	COM	98978v103
DIOD	Diodes	24,035	$1.694M	0.9%	$28.45	+126.7%	COM	254543101
MCD	McDonald's Corp.	7,825	$1.679M	0.9%	$70.01	+176.0%	COM	580135101
CVX	Chevron	18,284	$1.544M	0.8%	$71.37	-8.9%	COM	166764100
NEM	Newmont Mining Corp.	25,622	$1.535M	0.8%	$31.64	+65.5%	COM	651639106
PWR	Quanta Services	20,956	$1.509M	0.8%	$34.50	+89.3%	COM	74762E102
AMGN	Amgen	6,273	$1.442M	0.8%	$97.44	+101.5%	COM	031162100
—	Match Group	9,496	$1.436M	0.8%	$110.68	—	COM	57665r106
DD	Du Pont (E.I) de Nemours	19,475	$1.385M	0.7%	$27.24	-12.9%	COM	26614N102
ICLR	Icon PLC	6,501	$1.268M	0.7%	$106.42	+83.7%	COM	G4705A100
ROK	Rockwell Automation	4,975	$1.248M	0.7%	$144.03	+55.5%	COM	773903109
UNH	United Health Group	3,440	$1.206M	0.6%	$136.34	+126.1%	COM	91324P102
RS	Reliance Steel & Aluminum	9,781	$1.171M	0.6%	$77.77	+48.6%	COM	759509102
WMT	Wal-Mart Stores	8,042	$1.159M	0.6%	$20.33	+122.6%	COM	931142103
HUM	Humana	2,820	$1.157M	0.6%	$237.50	+67.0%	COM	444859102
EMR	Emerson Electric	13,804	$1.11M	0.6%	$48.20	+38.6%	COM	291011104
UNP	Union Pacific	5,275	$1.098M	0.6%	$72.00	+147.3%	COM	907818108
—	Store Cap Corp	32,250	$1.096M	0.6%	$25.69	—	COM	862121100
VAC	Marriott Vacations Worldwide	7,988	$1.096M	0.6%	$116.83	+0.9%	COM	57164Y107
DLB	Dolby Class A	11,090	$1.077M	0.6%	$47.41	+61.2%	COM	25659T107
MAA	Mid America Apartment Communit	8,469	$1.073M	0.6%	$79.97	+29.6%	COM	59522J103
LEA	Lear Corp.	6,700	$1.066M	0.6%	$95.05	+32.2%	COM	521865204
—	Laboratory Corp. of America	5,169	$1.052M	0.6%	$189.42	—	COM	50540r409
QCOM	Qualcomm	6,881	$1.048M	0.6%	$59.93	+108.1%	COM	747525103
—	3M	5,830	$1.019M	0.5%	$142.38	—	COM	88579y101
NVDA	Nvidia Corp.	1,948	$1.017M	0.5%	$4.52	+195.5%	COM	67066G104
NDAQ	Nasdaq	7,655	$1.016M	0.5%	$21.93	+79.9%	COM	631103108
—	General Electric	92,570	$1M	0.5%	$27.51	—	COM	369604103
DOW	Dow	17,754	$985K	0.5%	$36.37	+7.3%	COM	260557103
BDX	Becton Dickinson	3,929	$983K	0.5%	$195.10	+10.0%	COM	075887109
CTSH	Cognizant Technology Solutions	12,000	$983K	0.5%	$67.32	+4.5%	COM	192446102
CMS	CMS Energy	15,368	$938K	0.5%	$36.62	+46.0%	COM	125896100
DOV	Dover Corp.	7,318	$924K	0.5%	$61.59	+80.4%	COM	260003108
—	National Health Investors	13,000	$899K	0.5%	$78.56	—	COM	63633d104
DHI	D R Horton	12,955	$893K	0.5%	$52.53	+31.8%	COM	23331A109
INTU	Intuit	2,300	$874K	0.5%	$249.70	+36.3%	COM	461202103
AWK	American Water Works	5,405	$830K	0.4%	$70.71	+97.1%	COM	030420103
UPS	United Parcel Service 'B'	4,820	$812K	0.4%	$77.51	+76.6%	COM	911312106
BYD	Boyd Gaming	18,000	$773K	0.4%	$26.95	+30.9%	COM	103304101
AMN	AMN Healthcare Svcs.	10,500	$717K	0.4%	$62.88	+3.7%	COM	001744101
UHS	Universal Health Svcs	5,145	$707K	0.4%	$118.69	+2.1%	COM	913903100
HII	Huntington Ingalls Ind.	4,005	$683K	0.4%	$182.05	-22.3%	COM	446413106
—	Truist Financial	13,199	$633K	0.3%	$56.30	—	COM	89832q109
—	Corteva	16,286	$631K	0.3%	$29.60	—	COM	22052l104
NSC	Norfolk Southern	2,619	$622K	0.3%	$65.71	+211.6%	COM	655844108
MAS	Masco Corp.	11,279	$620K	0.3%	$33.43	+50.5%	COM	574599106
CVS	CVS/Caremark	8,705	$595K	0.3%	$45.81	+20.5%	COM	126650100
WLK	Westlake Chemical Corp.	6,711	$548K	0.3%	$66.78	+3.2%	COM	960413102
ORI	Old Republic	27,000	$532K	0.3%	$12.05	-7.2%	COM	680223104
HUBB	Hubbell	3,300	$517K	0.3%	$110.23	+27.5%	COM	443510607
KR	Kroger	15,500	$492K	0.3%	$25.42	+14.3%	COM	501044101
URI	United Rentals	2,100	$487K	0.3%	$137.74	+48.5%	COM	911363109
—	Cisco Systems	10,738	$480K	0.3%	$25.62	—	COM	17275R952
EIX	Edison International	7,506	$472K	0.3%	$54.64	-12.5%	COM	281020107
—	First American Financial	9,150	$472K	0.3%	$50.94	—	COM	31847r102
AMP	Ameriprise Financial	2,400	$466K	0.2%	$78.85	+109.8%	COM	03076C106
BK	Bank of New York Mellon	10,560	$448K	0.2%	$24.30	+36.5%	COM	064058100
—	Wyndham Hotels & Resorts	7,408	$440K	0.2%	$58.82	—	COM	98311a105
—	Terreno Realty Corp.	7,200	$421K	0.2%	$52.64	—	COM	88146m101
LOW	Lowes	2,626	$421K	0.2%	$141.54	+4.6%	COM	548661107
KMB	Kimberly Clark	3,042	$410K	0.2%	$67.99	+70.6%	COM	494368103
—	Flir Systems	9,346	$410K	0.2%	$39.65	—	COM	302445101
YUM	Yum! Brands	3,537	$384K	0.2%	$40.89	+126.8%	COM	988498101
EFX	Equifax	1,971	$380K	0.2%	$77.84	+108.1%	COM	294429105
FIS	Fidelity National Info.	2,666	$377K	0.2%	$40.05	+218.3%	COM	31620M106
TGT	Target	2,100	$371K	0.2%	$98.18	+47.6%	COM	87612E106
KO	Coca-Cola	6,650	$365K	0.2%	$26.95	+64.3%	COM	191216100
DLR	Digital Realty Trust	2,605	$363K	0.2%	$91.19	+31.0%	COM	253868103
—	AT&T	12,360	$355K	0.2%	$34.62	—	COM	030177109
JKHY	Jack Henry & Assoc.	2,150	$348K	0.2%	$132.90	+12.1%	COM	426281101
POST	Post Holdings	3,430	$346K	0.2%	$60.24	+2.5%	COM	737446104
—	Cigna	1,545	$322K	0.2%	$189.89	—	COM	125509109
KWR	Quaker Chemical	1,250	$317K	0.2%	$156.97	+43.9%	COM	747316107
—	Viatris	16,821	$315K	0.2%	$18.73	—	COM	92556v106
—	Discover Financial Services	3,450	$312K	0.2%	$90.43	—	COM	254709108
GS	Goldman Sachs	1,100	$290K	0.2%	$197.01	0.0%	COM	38141G104
—	FedEx	1,095	$284K	0.2%	$252.68	—	COM	31428x106
MCO	Moody's Corp.	946	$275K	0.1%	$154.93	+72.9%	COM	615369105
—	Allete	4,300	$266K	0.1%	$87.33	—	COM	018522300
—	American Tower Corp.	1,167	$262K	0.1%	$224.51	—	COM	998311450
PKG	Packaging Corp.	1,895	$261K	0.1%	$86.90	+24.1%	COM	695156109
—	Alphabet Class A	146	$256K	0.1%	$1417.81	—	COM	02079k305
CAT	Caterpillar	1,408	$256K	0.1%	$126.81	+21.4%	COM	149123101
MDLZ	Mondelez	3,971	$232K	0.1%	$44.56	+12.5%	COM	609207105
BAC	Bank America	7,571	$229K	0.1%	$23.66	0.0%	COM	060505104
PAYX	Paychex	2,375	$221K	0.1%	$76.93	0.0%	COM	704326107
—	Verisign	1,000	$216K	0.1%	$207.00	—	COM	92343e102
ITW	Illinois Tool Works	1,044	$213K	0.1%	$167.30	+8.2%	COM	452308109
HON	Honeywell	1,000	$213K	0.1%	$163.73	0.0%	COM	438516106
—	Yum China Holdings	3,537	$202K	0.1%	$57.11	—	COM	98850p109