Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	98,569	$17.47M	7.7%	$65.75	+130.9%	COM	478160104
—	JPMorgan Chase	73,990	$10.09M	4.4%	$58.86	—	COM	46625h100
AAPL	Apple	44,100	$7.7M	3.4%	$85.03	+93.9%	COM	037833100
—	Hoya Capital Housing	184,140	$7.124M	3.1%	$30.22	—	COM	26922a230
PFE	Pfizer	133,363	$6.904M	3.0%	$17.65	+140.6%	COM	717081103
PG	Procter & Gamble	39,157	$5.983M	2.6%	$58.01	+145.0%	COM	742718109
ABBV	Abbvie	34,437	$5.583M	2.5%	$34.16	+270.1%	COM	00287Y109
NSRGY	Nestle ADR	42,654	$5.571M	2.4%	$78.92	—	COM	641069406
BMY	Bristol-Myers Squibb	75,536	$5.516M	2.4%	$38.12	+49.1%	COM	110122108
MSFT	Microsoft	17,407	$5.367M	2.4%	$66.43	+338.6%	COM	594918104
XOM	Exxon Mobil	55,273	$4.565M	2.0%	$55.85	+21.6%	COM	30231G102
PEP	PepsiCo	25,667	$4.296M	1.9%	$57.75	+157.0%	COM	713448108
DIS	Disney	27,658	$3.794M	1.7%	$73.22	+92.9%	COM	254687106
—	Alphabet Class C	1,326	$3.704M	1.6%	$979.11	—	COM	02079k107
ABT	Abbott Laboratories	30,456	$3.605M	1.6%	$33.91	+240.2%	COM	002824100
INTC	Intel	69,952	$3.467M	1.5%	$20.38	+126.6%	COM	458140100
SPGI	S&P Global	8,169	$3.351M	1.5%	$126.49	+211.6%	COM	78409V104
SCHW	Schwab, Charles	36,751	$3.098M	1.4%	$36.64	+127.6%	COM	808513105
HD	Home Depot	10,235	$3.064M	1.3%	$84.52	+271.5%	COM	437076102
—	Merck	36,151	$2.967M	1.3%	$50.04	—	COM	58933y105
CVX	Chevron	18,177	$2.96M	1.3%	$71.37	+72.0%	COM	166764100
AMZN	Amazon	896	$2.921M	1.3%	$92.83	+66.4%	COM	023135106
WM	Waste Management	17,571	$2.785M	1.2%	$47.68	+198.9%	COM	94106L109
PWR	Quanta Services	20,956	$2.758M	1.2%	$34.50	+220.0%	COM	74762E102
AXP	American Express	14,681	$2.745M	1.2%	$72.71	+136.3%	COM	025816109
AMAT	Applied Materials	19,242	$2.536M	1.1%	$52.94	+151.0%	COM	038222105
CLX	Clorox	18,096	$2.516M	1.1%	$63.81	+111.2%	COM	189054109
NEM	Newmont Mining Corp.	30,341	$2.411M	1.1%	$34.92	+71.9%	COM	651639106
DOV	Dover Corp.	14,176	$2.224M	1.0%	$101.17	+54.2%	COM	260003108
IBM	International Business Machine	16,223	$2.109M	0.9%	$104.16	+7.6%	COM	459200101
DIOD	Diodes	24,035	$2.091M	0.9%	$33.05	+175.5%	COM	254543101
—	Zoetis	10,950	$2.065M	0.9%	$74.17	—	COM	98978v103
HUM	Humana	4,624	$2.012M	0.9%	$303.63	+32.5%	COM	444859102
—	Zimmer Biomet	15,572	$1.992M	0.9%	$117.03	—	COM	98956p102
MCD	McDonald's Corp.	7,706	$1.906M	0.8%	$70.01	+225.4%	COM	580135101
ICLR	Icon PLC	7,701	$1.873M	0.8%	$120.60	+107.8%	COM	G4705A100
—	Laboratory Corp. of America	7,079	$1.866M	0.8%	$209.23	—	COM	50540r409
UNP	Union Pacific	6,830	$1.866M	0.8%	$104.08	+121.5%	COM	907818108
WMT	Wal-Mart Stores	12,314	$1.834M	0.8%	$28.56	+56.1%	COM	931142103
MKC	McCormick	18,266	$1.823M	0.8%	$56.09	+59.7%	COM	579780206
RS	Reliance Steel & Aluminum	9,781	$1.793M	0.8%	$77.77	+122.4%	COM	759509102
UNH	United Health Group	3,440	$1.754M	0.8%	$136.34	+230.9%	COM	91324P102
—	Verizon Communications	34,382	$1.751M	0.8%	$52.01	—	COM	92343v104
SNPS	Synopsys	4,960	$1.653M	0.7%	$78.29	+298.7%	COM	871607107
MAA	Mid America Apartment Communit	7,831	$1.64M	0.7%	$79.97	+127.0%	COM	59522J103
NDAQ	Nasdaq	9,005	$1.605M	0.7%	$25.30	+121.3%	COM	631103108
DHI	D R Horton	21,525	$1.604M	0.7%	$63.56	+31.1%	COM	23331A109
NVDA	Nvidia Corp.	5,860	$1.599M	0.7%	$15.87	+57.7%	COM	67066G104
HBAN	Huntington Bancshares	107,595	$1.573M	0.7%	$13.04	+0.2%	COM	446150104
—	Truist Financial	27,439	$1.556M	0.7%	$57.24	—	COM	89832q109
—	Jacobs Engineering	11,055	$1.523M	0.7%	$133.56	—	COM	469814107
CVS	CVS/Caremark	14,425	$1.46M	0.6%	$56.45	+63.0%	COM	126650100
DD	Du Pont (E.I) de Nemours	19,565	$1.44M	0.6%	$27.24	+10.4%	COM	26614N102
ROK	Rockwell Automation	4,975	$1.393M	0.6%	$144.03	+86.3%	COM	773903109
AMGN	Amgen	5,632	$1.362M	0.6%	$97.44	+108.6%	COM	031162100
—	American Tower Corp.	5,390	$1.354M	0.6%	$249.38	—	COM	998311450
EMR	Emerson Electric	13,741	$1.347M	0.6%	$48.20	+81.4%	COM	291011104
HII	Huntington Ingalls Ind.	6,527	$1.302M	0.6%	$184.72	-3.1%	COM	446413106
BDX	Becton Dickinson	4,859	$1.292M	0.6%	$200.90	+20.0%	COM	075887109
VAC	Marriott Vacations Worldwide	7,988	$1.26M	0.6%	$116.83	+37.7%	COM	57164Y107
—	Dell	25,000	$1.255M	0.6%	$55.08	—	COM	24703l103
—	VMware	11,015	$1.254M	0.6%	$115.84	—	COM	928563402
DOW	Dow	17,754	$1.131M	0.5%	$36.37	+32.7%	COM	260557103
—	First American Financial	17,425	$1.129M	0.5%	$56.35	—	COM	31847r102
AMN	AMN Healthcare Svcs.	10,500	$1.095M	0.5%	$62.88	+65.1%	COM	001744101
QCOM	Qualcomm	7,102	$1.085M	0.5%	$65.98	+132.8%	COM	747525103
CMS	CMS Energy	15,368	$1.075M	0.5%	$36.62	+57.0%	COM	125896100
JKHY	Jack Henry & Assoc.	5,350	$1.054M	0.5%	$139.26	+19.6%	COM	426281101
LOW	Lowes	5,196	$1.051M	0.5%	$153.99	+38.6%	COM	548661107
GE	General Electric	11,414	$1.044M	0.5%	$58.52	0.0%	COM	369604301
UPS	United Parcel Service 'B'	4,840	$1.038M	0.5%	$78.39	+126.0%	COM	911312106
LEA	Lear Corp.	6,700	$955K	0.4%	$95.05	+54.7%	COM	521865204
HUBB	Hubbell	4,890	$899K	0.4%	$127.93	+38.1%	COM	443510607
AWK	American Water Works	5,405	$895K	0.4%	$70.71	+106.6%	COM	030420103
—	Store Cap Corp	30,450	$890K	0.4%	$25.69	—	COM	862121100
KR	Kroger	15,500	$889K	0.4%	$25.42	+79.6%	COM	501044101
—	3M	5,896	$878K	0.4%	$142.94	—	COM	88579y101
INTU	Intuit	1,809	$870K	0.4%	$249.70	+100.0%	COM	461202103
DLB	Dolby Class A	11,090	$867K	0.4%	$47.41	+59.0%	COM	25659T107
—	Invitation Homes	21,400	$860K	0.4%	$38.32	—	COM	46187w107
WLK	Westlake Chemical Corp.	6,711	$828K	0.4%	$66.78	+53.0%	COM	960413102
—	Terreno Realty Corp.	10,350	$766K	0.3%	$54.20	—	COM	88146m101
URI	United Rentals	2,138	$759K	0.3%	$141.07	+124.2%	COM	911363109
—	Corteva	13,070	$751K	0.3%	$29.60	—	COM	22052l104
—	FedEx	3,159	$731K	0.3%	$261.69	—	COM	31428x106
NSC	Norfolk Southern	2,549	$727K	0.3%	$65.71	+284.9%	COM	655844108
AMP	Ameriprise Financial	2,400	$721K	0.3%	$78.85	+262.2%	COM	03076C106
—	Match Group	6,496	$706K	0.3%	$110.68	—	COM	57665r106
ORI	Old Republic	27,000	$698K	0.3%	$12.05	+60.0%	COM	680223104
GS	Goldman Sachs	1,930	$637K	0.3%	$235.29	+35.9%	COM	38141G104
—	Wyndham Hotels & Resorts	7,408	$627K	0.3%	$58.82	—	COM	98311a105
—	Cisco Systems	10,738	$598K	0.3%	$25.62	—	COM	17275R952
MAS	Masco Corp.	11,279	$575K	0.3%	$33.43	+65.0%	COM	574599106
BK	Bank of New York Mellon	10,560	$524K	0.2%	$24.30	+108.9%	COM	064058100
TGT	Target	2,437	$517K	0.2%	$110.04	+73.9%	COM	87612E106
—	Anheuser-Busch	8,463	$508K	0.2%	$61.61	—	COM	03524a108
EFX	Equifax	1,971	$467K	0.2%	$77.84	+194.3%	COM	294429105
KO	Coca-Cola	6,900	$428K	0.2%	$27.54	+96.3%	COM	191216100
—	Discover Financial Services	3,520	$388K	0.2%	$91.08	—	COM	254709108
YUM	Yum! Brands	3,145	$373K	0.2%	$40.89	+179.7%	COM	988498101
KMB	Kimberly Clark	2,942	$362K	0.2%	$67.99	+67.7%	COM	494368103
SLB	Schlumberger	8,465	$350K	0.2%	$23.71	+51.4%	COM	806857108
LLY	Eli Lilly	1,200	$344K	0.2%	$186.06	+33.6%	COM	532457108
—	Cigna	1,402	$336K	0.1%	$189.89	—	COM	125509109
—	Hoya Capital High Dividend Yie	21,810	$325K	0.1%	$14.90	—	COM	26922b840
PAYX	Paychex	2,375	$324K	0.1%	$76.93	+42.6%	COM	704326107
MCO	Moody's Corp.	946	$319K	0.1%	$154.93	+109.9%	COM	615369105
—	Teledyne Technologies	671	$317K	0.1%	$418.78	—	COM	879360106
BAC	Bank America	7,571	$312K	0.1%	$23.66	+72.5%	COM	060505104
—	Alphabet Class A	110	$306K	0.1%	$1417.81	—	COM	02079k305
PKG	Packaging Corp.	1,895	$296K	0.1%	$86.90	+49.2%	COM	695156109
DLR	Digital Realty Trust	1,900	$269K	0.1%	$91.19	+37.6%	COM	253868103
FIS	Fidelity National Info.	2,666	$268K	0.1%	$40.05	+136.9%	COM	31620M106
—	AT&T	10,803	$255K	0.1%	$34.62	—	COM	030177109
MDLZ	Mondelez	3,971	$249K	0.1%	$44.56	+31.6%	COM	609207105
—	Blackstone Group	1,920	$244K	0.1%	$129.17	—	COM	09253u108
TRV	Travelers	1,322	$242K	0.1%	$141.77	+12.0%	COM	89417E109
CTSH	Cognizant Technology Solutions	2,500	$224K	0.1%	$67.32	+22.5%	COM	192446102
—	Verisign	1,000	$222K	0.1%	$228.00	—	COM	92343e102
KWR	Quaker Houghton	1,250	$216K	0.1%	$156.97	+26.5%	COM	747316107
CAT	Caterpillar	908	$202K	0.1%	$195.46	0.0%	COM	149123101
—	Viatris	15,332	$167K	0.1%	$18.73	—	COM	92556v106