Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	102,094	$16.49M	7.7%	$65.75	+128.5%	COM	478160104
—	JPMorgan Chase	74,525	$12.2M	5.7%	$58.86	—	COM	46625h100
—	Hoya Capital Housing	187,483	$7.439M	3.5%	$30.22	—	COM	26922a230
AAPL	Apple	44,063	$6.235M	2.9%	$85.03	+69.2%	COM	037833100
PFE	Pfizer	133,363	$5.736M	2.7%	$17.65	+102.1%	COM	717081103
PG	Procter & Gamble	39,307	$5.495M	2.6%	$58.01	+119.4%	COM	742718109
NSRGY	Nestle ADR	42,982	$5.193M	2.4%	$78.92	—	COM	641069406
MSFT	Microsoft	17,038	$4.803M	2.2%	$63.55	+341.7%	COM	594918104
DIS	Disney	27,658	$4.679M	2.2%	$73.22	+137.8%	COM	254687106
BMY	Bristol-Myers Squibb	73,887	$4.372M	2.0%	$37.88	+44.8%	COM	110122108
ABT	Abbott Laboratories	32,965	$3.894M	1.8%	$33.91	+234.6%	COM	002824100
PEP	PepsiCo	25,636	$3.856M	1.8%	$57.75	+133.7%	COM	713448108
INTC	Intel	70,418	$3.752M	1.7%	$20.38	+144.3%	COM	458140100
ABBV	Abbvie	33,490	$3.613M	1.7%	$32.29	+201.1%	COM	00287Y109
SPGI	S&P Global	8,369	$3.556M	1.7%	$126.49	+230.3%	COM	78409V104
—	Alphabet Class C	1,283	$3.42M	1.6%	$914.94	—	COM	02079k107
HD	Home Depot	10,205	$3.35M	1.6%	$84.52	+248.5%	COM	437076102
XOM	Exxon Mobil	55,273	$3.251M	1.5%	$55.85	-13.2%	COM	30231G102
CLX	Clorox	18,096	$2.997M	1.4%	$63.81	+134.1%	COM	189054109
AMZN	Amazon	896	$2.944M	1.4%	$92.83	+85.8%	COM	023135106
—	Merck	36,151	$2.715M	1.3%	$50.04	—	COM	58933y105
WM	Waste Management	17,571	$2.624M	1.2%	$47.68	+193.0%	COM	94106L109
—	Dell	25,000	$2.601M	1.2%	$55.08	—	COM	24703l103
SCHW	Schwab, Charles	35,151	$2.56M	1.2%	$34.51	+95.3%	COM	808513105
AXP	American Express	14,681	$2.46M	1.1%	$72.71	+117.7%	COM	025816109
PWR	Quanta Services	20,956	$2.385M	1.1%	$34.50	+188.4%	COM	74762E102
AMAT	Applied Materials	18,332	$2.36M	1.1%	$48.98	+166.6%	COM	038222105
—	Zimmer Biomet	15,366	$2.249M	1.0%	$116.90	—	COM	98956p102
DIOD	Diodes	24,035	$2.177M	1.0%	$33.05	+164.2%	COM	254543101
—	Zoetis	10,950	$2.126M	1.0%	$74.17	—	COM	98978v103
IBM	International Business Machine	15,151	$2.105M	1.0%	$104.00	+7.8%	COM	459200101
SNPS	Synopsys	6,852	$2.052M	1.0%	$78.29	+287.7%	COM	871607107
ICLR	Icon PLC	7,701	$2.018M	0.9%	$120.60	+101.5%	COM	G4705A100
—	Laboratory Corp. of America	6,829	$1.922M	0.9%	$205.38	—	COM	50540r409
—	Verizon Communications	34,779	$1.878M	0.9%	$52.01	—	COM	92343v104
MCD	McDonald's Corp.	7,666	$1.848M	0.9%	$70.01	+208.3%	COM	580135101
CVX	Chevron	18,196	$1.846M	0.9%	$71.37	+16.7%	COM	166764100
DHI	D R Horton	21,525	$1.807M	0.8%	$63.56	+38.7%	COM	23331A109
HUM	Humana	4,615	$1.796M	0.8%	$303.63	+34.0%	COM	444859102
MKC	McCormick	22,094	$1.79M	0.8%	$56.09	+39.0%	COM	579780206
NDAQ	Nasdaq	9,005	$1.738M	0.8%	$25.30	+134.1%	COM	631103108
DOV	Dover Corp.	11,173	$1.737M	0.8%	$85.71	+82.7%	COM	260003108
NEM	Newmont Mining Corp.	29,147	$1.583M	0.7%	$33.95	+51.3%	COM	651639106
MAA	Mid America Apartment Communit	8,469	$1.582M	0.7%	$79.97	+101.3%	COM	59522J103
WMT	Wal-Mart Stores	11,252	$1.568M	0.7%	$27.03	+68.2%	COM	931142103
—	American Tower Corp.	5,657	$1.501M	0.7%	$249.38	—	COM	998311450
ROK	Rockwell Automation	4,975	$1.463M	0.7%	$144.03	+97.7%	COM	773903109
RS	Reliance Steel & Aluminum	9,781	$1.393M	0.6%	$77.77	+93.3%	COM	759509102
UNP	Union Pacific	6,870	$1.347M	0.6%	$99.88	+95.5%	COM	907818108
UNH	United Health Group	3,440	$1.344M	0.6%	$136.34	+182.3%	COM	91324P102
DD	Du Pont (E.I) de Nemours	19,565	$1.331M	0.6%	$27.24	+4.1%	COM	26614N102
EMR	Emerson Electric	13,704	$1.291M	0.6%	$48.20	+89.2%	COM	291011104
VAC	Marriott Vacations Worldwide	7,988	$1.257M	0.6%	$116.83	+29.7%	COM	57164Y107
NVDA	Nvidia Corp.	5,860	$1.214M	0.6%	$15.87	+30.6%	COM	67066G104
AMN	AMN Healthcare Svcs.	10,500	$1.205M	0.6%	$62.88	+68.6%	COM	001744101
AMGN	Amgen	5,632	$1.198M	0.6%	$97.44	+105.5%	COM	031162100
BDX	Becton Dickinson	4,859	$1.194M	0.6%	$200.90	+13.5%	COM	075887109
—	General Electric	11,456	$1.18M	0.5%	$27.51	—	COM	369604103
—	First American Financial	17,425	$1.168M	0.5%	$56.35	—	COM	31847r102
HII	Huntington Ingalls Ind.	5,980	$1.154M	0.5%	$185.25	-1.1%	COM	446413106
CVS	CVS/Caremark	13,280	$1.127M	0.5%	$54.55	+33.0%	COM	126650100
LEA	Lear Corp.	6,700	$1.048M	0.5%	$95.05	+54.6%	COM	521865204
LOW	Lowes	5,151	$1.045M	0.5%	$153.99	+19.2%	COM	548661107
—	3M	5,896	$1.034M	0.5%	$142.94	—	COM	88579y101
—	Store Cap Corp	32,250	$1.033M	0.5%	$25.69	—	COM	862121100
DOW	Dow	17,754	$1.022M	0.5%	$36.37	+31.5%	COM	260557103
—	Jacobs Engineering	7,715	$1.022M	0.5%	$131.74	—	COM	469814107
—	Match Group	6,496	$1.02M	0.5%	$110.68	—	COM	57665r106
—	Truist Financial	16,799	$985K	0.5%	$56.80	—	COM	89832q109
DLB	Dolby Class A	11,090	$976K	0.5%	$47.41	+90.6%	COM	25659T107
INTU	Intuit	1,800	$971K	0.5%	$249.70	+110.0%	COM	461202103
CMS	CMS Energy	15,368	$918K	0.4%	$36.62	+48.9%	COM	125896100
AWK	American Water Works	5,405	$914K	0.4%	$70.71	+126.2%	COM	030420103
CTSH	Cognizant Technology Solutions	12,000	$891K	0.4%	$67.32	+2.3%	COM	192446102
HUBB	Hubbell	4,890	$883K	0.4%	$127.93	+42.1%	COM	443510607
UPS	United Parcel Service 'B'	4,840	$881K	0.4%	$78.39	+107.6%	COM	911312106
JKHY	Jack Henry & Assoc.	5,350	$878K	0.4%	$139.26	+16.8%	COM	426281101
QCOM	Qualcomm	6,643	$857K	0.4%	$59.93	+115.0%	COM	747525103
—	Invitation Homes	21,400	$820K	0.4%	$38.32	—	COM	46187w107
URI	United Rentals	2,138	$750K	0.3%	$141.07	+130.5%	COM	911363109
GS	Goldman Sachs	1,930	$730K	0.3%	$235.29	+48.7%	COM	38141G104
UHS	Universal Health Svcs	5,145	$712K	0.3%	$118.69	+24.6%	COM	913903100
—	Terreno Realty Corp.	10,350	$654K	0.3%	$54.20	—	COM	88146m101
AMP	Ameriprise Financial	2,400	$634K	0.3%	$78.85	+210.9%	COM	03076C106
KR	Kroger	15,500	$627K	0.3%	$25.42	+50.4%	COM	501044101
MAS	Masco Corp.	11,279	$627K	0.3%	$33.43	+63.5%	COM	574599106
ORI	Old Republic	27,000	$625K	0.3%	$12.05	+43.5%	COM	680223104
—	FedEx	2,845	$624K	0.3%	$262.03	—	COM	31428x106
NSC	Norfolk Southern	2,594	$621K	0.3%	$65.71	+255.3%	COM	655844108
WLK	Westlake Chemical Corp.	6,711	$612K	0.3%	$66.78	+19.4%	COM	960413102
—	Cisco Systems	10,738	$584K	0.3%	$25.62	—	COM	17275R952
—	Wyndham Hotels & Resorts	7,408	$572K	0.3%	$58.82	—	COM	98311a105
—	Corteva	13,112	$552K	0.3%	$29.60	—	COM	22052l104
BK	Bank of New York Mellon	10,560	$547K	0.3%	$24.30	+88.8%	COM	064058100
TGT	Target	2,300	$526K	0.2%	$103.84	+111.8%	COM	87612E106
EFX	Equifax	1,971	$499K	0.2%	$77.84	+223.6%	COM	294429105
—	Discover Financial Services	3,520	$432K	0.2%	$91.08	—	COM	254709108
KMB	Kimberly Clark	2,942	$389K	0.2%	$67.99	+69.9%	COM	494368103
YUM	Yum! Brands	3,145	$385K	0.2%	$40.89	+185.6%	COM	988498101
POST	Post Holdings	3,430	$378K	0.2%	$60.24	+17.7%	COM	737446104
DLR	Digital Realty Trust	2,605	$376K	0.2%	$91.19	+47.2%	COM	253868103
KO	Coca-Cola	6,900	$362K	0.2%	$27.54	+77.2%	COM	191216100
MCO	Moody's Corp.	946	$336K	0.2%	$154.93	+134.4%	COM	615369105
FIS	Fidelity National Info.	2,666	$324K	0.2%	$40.05	+201.6%	COM	31620M106
BAC	Bank America	7,571	$321K	0.1%	$23.66	+52.5%	COM	060505104
—	AT&T	11,503	$311K	0.1%	$34.62	—	COM	030177109
—	Hoya Capital High Dividend Yie	20,815	$310K	0.1%	$14.89	—	COM	26922b840
KWR	Quaker Chemical	1,250	$297K	0.1%	$156.97	+56.5%	COM	747316107
—	Alphabet Class A	110	$294K	0.1%	$1417.81	—	COM	02079k305
—	Teledyne Technologies	671	$288K	0.1%	$418.78	—	COM	879360106
—	Cigna	1,402	$281K	0.1%	$189.89	—	COM	125509109
LLY	Eli Lilly	1,200	$277K	0.1%	$186.06	+27.2%	COM	532457108
PAYX	Paychex	2,375	$267K	0.1%	$76.93	+29.1%	COM	704326107
PKG	Packaging Corp.	1,895	$260K	0.1%	$86.90	+43.6%	COM	695156109
—	Allete	4,300	$256K	0.1%	$87.33	—	COM	018522300
SLB	Schlumberger	8,465	$251K	0.1%	$23.71	+9.7%	COM	806857108
—	Prologis	1,951	$245K	0.1%	$106.10	—	COM	888192887
MDLZ	Mondelez	3,971	$231K	0.1%	$44.56	+24.4%	COM	609207105
—	Anheuser-Busch	3,878	$219K	0.1%	$62.92	—	COM	03524a108
—	Viatris	15,927	$216K	0.1%	$18.73	—	COM	92556v106
—	Verisign	1,000	$205K	0.1%	$228.00	—	COM	92343e102
HON	Honeywell	950	$202K	0.1%	$163.73	+18.9%	COM	438516106
TRV	Travelers	1,322	$201K	0.1%	$141.77	0.0%	COM	89417E109