Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	Johnson & Johnson	96,974	$15.84M	8.5%	$65.75	+132.5%	COM	478160104
—	JPMorgan Chase	70,579	$7.376M	4.0%	$58.86	—	COM	46625h100
AAPL	Apple	42,630	$5.892M	3.2%	$85.03	+81.4%	COM	037833100
PFE	Pfizer	132,240	$5.787M	3.1%	$17.65	+128.9%	COM	717081103
—	Hoya Capital Housing	186,727	$5.634M	3.0%	$30.25	—	COM	26922a230
BMY	Bristol-Myers Squibb	74,341	$5.285M	2.8%	$38.12	+63.4%	COM	110122108
PG	Procter & Gamble	37,823	$4.776M	2.6%	$58.01	+125.1%	COM	742718109
XOM	Exxon Mobil	53,886	$4.704M	2.5%	$55.85	+45.7%	COM	30231G102
ABBV	Abbvie	34,437	$4.622M	2.5%	$34.16	+272.2%	COM	00287Y109
NSRGY	Nestle ADR	42,488	$4.622M	2.5%	$78.92	—	COM	641069406
PEP	PepsiCo	26,318	$4.296M	2.3%	$60.78	+154.0%	COM	713448108
MSFT	Microsoft	18,432	$4.293M	2.3%	$79.97	+221.2%	COM	594918104
SCHW	Schwab, Charles	43,152	$3.101M	1.7%	$40.92	+61.8%	COM	808513105
—	Merck	35,158	$3.028M	1.6%	$50.04	—	COM	58933y105
ABT	Abbott Laboratories	30,456	$2.947M	1.6%	$33.91	+195.0%	COM	002824100
HD	Home Depot	10,235	$2.824M	1.5%	$84.52	+220.3%	COM	437076102
WM	Waste Management	16,683	$2.673M	1.4%	$47.68	+228.2%	COM	94106L109
PWR	Quanta Services	20,956	$2.67M	1.4%	$34.50	+294.3%	COM	74762E102
DIS	Disney	27,428	$2.588M	1.4%	$73.22	+42.8%	COM	254687106
CVX	Chevron	17,615	$2.53M	1.4%	$71.37	+86.1%	COM	166764100
SPGI	S&P Global	8,169	$2.494M	1.3%	$126.49	+174.9%	COM	78409V104
—	Alphabet Class C	25,600	$2.462M	1.3%	$141.97	—	COM	02079k107
CLX	Clorox	18,096	$2.323M	1.2%	$63.81	+101.9%	COM	189054109
HUM	Humana	4,624	$2.244M	1.2%	$303.63	+54.6%	COM	444859102
IBM	International Business Machine	17,381	$2.065M	1.1%	$105.08	+10.0%	COM	459200101
AMZN	Amazon	18,090	$2.044M	1.1%	$123.53	+2.3%	COM	023135106
DOV	Dover Corp.	17,310	$2.018M	1.1%	$106.22	+15.1%	COM	260003108
AXP	American Express	14,871	$2.006M	1.1%	$73.59	+97.0%	COM	025816109
MCD	McDonald's Corp.	7,706	$1.778M	1.0%	$70.01	+237.5%	COM	580135101
UNH	United Health Group	3,511	$1.773M	1.0%	$143.11	+246.0%	COM	91324P102
INTC	Intel	67,147	$1.731M	0.9%	$20.38	+58.5%	COM	458140100
RS	Reliance Steel & Aluminum	9,781	$1.706M	0.9%	$77.77	+136.3%	COM	759509102
ICLR	Icon PLC	9,101	$1.673M	0.9%	$136.54	+59.4%	COM	G4705A100
—	Zoetis	10,950	$1.624M	0.9%	$74.17	—	COM	98978v103
WMT	Wal-Mart Stores	12,314	$1.597M	0.9%	$28.56	+47.0%	COM	931142103
AMAT	Applied Materials	19,242	$1.576M	0.8%	$52.94	+76.6%	COM	038222105
DIOD	Diodes	24,035	$1.56M	0.8%	$33.05	+118.7%	COM	254543101
NDAQ	Nasdaq	27,015	$1.531M	0.8%	$45.80	+22.4%	COM	631103108
SNPS	Synopsys	4,960	$1.515M	0.8%	$78.29	+332.5%	COM	871607107
—	Zimmer Biomet	14,357	$1.501M	0.8%	$117.03	—	COM	98956p102
DHI	D R Horton	21,525	$1.45M	0.8%	$63.56	+12.0%	COM	23331A109
—	Laboratory Corp. of America	7,079	$1.45M	0.8%	$209.23	—	COM	50540r409
HII	Huntington Ingalls Ind.	6,527	$1.446M	0.8%	$184.72	+12.6%	COM	446413106
HBAN	Huntington Bancshares	108,357	$1.428M	0.8%	$13.04	-12.5%	COM	446150104
CVS	CVS/Caremark	14,770	$1.409M	0.8%	$57.14	+53.4%	COM	126650100
MKC	McCormick	18,266	$1.302M	0.7%	$56.09	+38.0%	COM	579780206
NEM	Newmont Mining Corp.	30,611	$1.287M	0.7%	$34.92	+20.7%	COM	651639106
AMGN	Amgen	5,632	$1.269M	0.7%	$97.44	+123.6%	COM	031162100
UNP	Union Pacific	6,454	$1.258M	0.7%	$104.08	+96.2%	COM	907818108
MAA	Mid America Apartment Communit	7,831	$1.214M	0.7%	$79.97	+88.8%	COM	59522J103
—	Verizon Communications	31,982	$1.214M	0.7%	$52.01	—	COM	92343v104
J	Jacobs Solutions	11,055	$1.199M	0.6%	$100.68	0.0%	COM	46982L108
—	Truist Financial	27,439	$1.195M	0.6%	$57.24	—	COM	89832q109
—	VMware	11,015	$1.173M	0.6%	$115.84	—	COM	928563402
—	American Tower Corp.	5,440	$1.168M	0.6%	$249.38	—	COM	998311450
AMN	AMN Healthcare Svcs.	10,500	$1.113M	0.6%	$62.88	+74.3%	COM	001744101
HUBB	Hubbell	4,890	$1.09M	0.6%	$127.93	+56.3%	COM	443510607
BDX	Becton Dickinson	4,859	$1.083M	0.6%	$200.90	+16.7%	COM	075887109
ROK	Rockwell Automation	4,975	$1.07M	0.6%	$144.03	+52.7%	COM	773903109
LOW	Lowes	5,366	$1.008M	0.5%	$154.80	+17.8%	COM	548661107
EMR	Emerson Electric	13,569	$994K	0.5%	$49.84	+55.7%	COM	291011104
VAC	Marriott Vacations Worldwide	7,988	$973K	0.5%	$116.83	+16.2%	COM	57164Y107
—	Store Cap Corp	30,590	$958K	0.5%	$25.69	—	COM	862121100
DD	Du Pont (E.I) de Nemours	18,663	$941K	0.5%	$27.24	-18.3%	COM	26614N102
URI	United Rentals	3,348	$904K	0.5%	$192.04	+46.8%	COM	911363109
CMS	CMS Energy	15,368	$895K	0.5%	$36.62	+65.1%	COM	125896100
QCOM	Qualcomm	7,775	$878K	0.5%	$71.08	+78.7%	COM	747525103
—	Dell	25,000	$854K	0.5%	$55.08	—	COM	24703l103
—	First American Financial	17,425	$803K	0.4%	$56.35	—	COM	31847r102
LEA	Lear Corp.	6,700	$802K	0.4%	$95.05	+33.1%	COM	521865204
UPS	United Parcel Service 'B'	4,840	$782K	0.4%	$78.39	+104.8%	COM	911312106
DOW	Dow	17,313	$761K	0.4%	$36.37	+14.0%	COM	260557103
—	Corteva	12,737	$728K	0.4%	$29.60	—	COM	22052l104
DLB	Dolby Class A	11,090	$723K	0.4%	$47.41	+48.0%	COM	25659T107
—	Invitation Homes	21,400	$723K	0.4%	$38.32	—	COM	46187w107
NVDA	Nvidia Corp.	5,860	$711K	0.4%	$15.87	-0.5%	COM	67066G104
AWK	American Water Works	5,405	$704K	0.4%	$70.71	+98.0%	COM	030420103
INTU	Intuit	1,809	$701K	0.4%	$249.70	+69.3%	COM	461202103
KR	Kroger	15,500	$678K	0.4%	$25.42	+73.4%	COM	501044101
—	3M	5,896	$652K	0.4%	$142.94	—	COM	88579y101
GE	General Electric	9,942	$615K	0.3%	$58.52	-26.2%	COM	369604301
AMP	Ameriprise Financial	2,400	$605K	0.3%	$78.85	+217.9%	COM	03076C106
GS	Goldman Sachs	2,005	$588K	0.3%	$237.09	+25.3%	COM	38141G104
WLK	Westlake Chemical Corp.	6,711	$583K	0.3%	$66.78	+35.3%	COM	960413102
ORI	Old Republic	27,000	$565K	0.3%	$12.05	+44.4%	COM	680223104
—	Terreno Realty Corp.	10,350	$548K	0.3%	$54.20	—	COM	88146m101
MAS	Masco Corp.	11,279	$527K	0.3%	$33.43	+46.1%	COM	574599106
—	FedEx	3,159	$469K	0.3%	$261.69	—	COM	31428x106
—	Wyndham Hotels & Resorts	7,408	$454K	0.2%	$58.82	—	COM	98311a105
NSC	Norfolk Southern	1,950	$409K	0.2%	$65.71	+239.2%	COM	655844108
BK	Bank of New York Mellon	10,560	$407K	0.2%	$24.30	+59.2%	COM	064058100
—	Cisco Systems	9,960	$398K	0.2%	$25.62	—	COM	17275R952
LLY	Eli Lilly	1,200	$388K	0.2%	$186.06	+65.6%	COM	532457108
KO	Coca-Cola	6,900	$387K	0.2%	$27.54	+103.5%	COM	191216100
—	Anheuser-Busch	8,463	$382K	0.2%	$61.61	—	COM	03524a108
TGT	Target	2,437	$362K	0.2%	$110.04	+29.9%	COM	87612E106
—	Cigna	1,282	$356K	0.2%	$189.89	—	COM	125509109
YUM	Yum! Brands	3,145	$334K	0.2%	$40.89	+166.0%	COM	988498101
—	Discover Financial Services	3,520	$320K	0.2%	$91.08	—	COM	254709108
—	Match Group	6,496	$310K	0.2%	$110.68	—	COM	57665r106
KMB	Kimberly Clark	2,563	$288K	0.2%	$67.99	+68.2%	COM	494368103
PAYX	Paychex	2,375	$266K	0.1%	$76.93	+45.7%	COM	704326107
SLB	Schlumberger	7,349	$264K	0.1%	$23.71	+40.9%	COM	806857108
—	Hoya Capital High Dividend Yie	23,360	$245K	0.1%	$14.74	—	COM	26922b840
EFX	Equifax	1,413	$242K	0.1%	$77.84	+145.5%	COM	294429105
MCO	Moody's Corp.	946	$230K	0.1%	$154.93	+82.2%	COM	615369105
BAC	Bank America	7,571	$229K	0.1%	$23.66	+29.3%	COM	060505104
—	Teledyne Technologies	671	$226K	0.1%	$418.78	—	COM	879360106
MDLZ	Mondelez	3,971	$218K	0.1%	$44.56	+27.0%	COM	609207105
PKG	Packaging Corp.	1,895	$213K	0.1%	$86.90	+40.1%	COM	695156109
—	Alphabet Class A	2,200	$211K	0.1%	$162.00	—	COM	02079k305
FIS	Fidelity National Info.	2,718	$205K	0.1%	$42.47	+100.7%	COM	31620M106
TRV	Travelers	1,322	$203K	0.1%	$141.77	+7.3%	COM	89417E109
—	AT&T	10,803	$166K	0.1%	$34.62	—	COM	030177109
—	Viatris	15,073	$128K	0.1%	$18.73	—	COM	92556v106