Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	JPMorgan Chase	45,596	$13.22M	7.9%	$58.86	—	COM	46625h100
MSFT	Microsoft	17,148	$8.53M	5.1%	$118.04	+266.3%	COM	594918104
JNJ	Johnson & Johnson	50,029	$7.642M	4.6%	$65.75	+129.4%	COM	478160104
—	Hoya Capital Housing	153,817	$6.685M	4.0%	$30.25	—	COM	26922a230
AAPL	Apple	29,367	$6.025M	3.6%	$85.03	+136.9%	COM	037833100
URI	United Rentals	6,132	$4.62M	2.8%	$332.99	+99.8%	COM	911363109
IBM	International Business Machine	14,819	$4.368M	2.6%	$107.16	+136.9%	COM	459200101
ABBV	Abbvie	21,575	$4.005M	2.4%	$118.96	+53.6%	COM	00287Y109
AMZN	Amazon	16,785	$3.682M	2.2%	$125.75	+57.4%	COM	023135106
—	Alphabet Class C	20,290	$3.599M	2.2%	$145.47	—	COM	02079k107
PG	Procter & Gamble	20,264	$3.228M	1.9%	$58.01	+177.1%	COM	742718109
WMT	Wal-Mart Stores	32,885	$3.215M	1.9%	$47.75	+98.5%	COM	931142103
AXP	American Express	9,213	$2.939M	1.8%	$77.15	+262.1%	COM	025816109
KR	Kroger	40,947	$2.937M	1.8%	$37.33	+82.7%	COM	501044101
WM	Waste Management	12,703	$2.907M	1.7%	$47.68	+381.6%	COM	94106L109
DHI	D R Horton	21,455	$2.766M	1.7%	$63.56	+92.5%	COM	23331A109
ABT	Abbott Laboratories	19,358	$2.633M	1.6%	$33.91	+285.2%	COM	002824100
DIS	Disney	20,876	$2.589M	1.5%	$73.22	+40.4%	COM	254687106
HD	Home Depot	6,942	$2.545M	1.5%	$84.52	+321.1%	COM	437076102
SPGI	S&P Global	4,629	$2.441M	1.5%	$126.49	+292.6%	COM	78409V104
—	Labcorp Holdings	8,780	$2.305M	1.4%	$210.25	—	COM	50540r409
XOM	Exxon Mobil	20,723	$2.234M	1.3%	$55.85	+87.1%	COM	30231G102
EFX	Equifax	8,572	$2.223M	1.3%	$252.97	0.0%	COM	294429105
MCD	McDonald's Corp.	7,231	$2.113M	1.3%	$126.42	+140.1%	COM	580135101
NSRGY	Nestle ADR	21,266	$2.106M	1.3%	$78.92	—	COM	641069406
SCHW	Schwab, Charles	22,157	$2.022M	1.2%	$41.64	+99.7%	COM	808513105
CVX	Chevron	14,082	$2.016M	1.2%	$78.64	+74.2%	COM	166764100
HUBB	Hubbell	4,835	$1.975M	1.2%	$127.93	+187.4%	COM	443510607
GS	Goldman Sachs	2,733	$1.934M	1.2%	$346.92	+64.8%	COM	38141G104
PFE	Pfizer	75,398	$1.828M	1.1%	$17.65	+26.6%	COM	717081103
NVDA	Nvidia Corp.	11,486	$1.815M	1.1%	$97.01	+29.7%	COM	67066G104
—	Zoetis	11,220	$1.75M	1.0%	$79.47	—	COM	98978v103
NEM	Newmont Mining Corp.	27,947	$1.628M	1.0%	$35.47	+49.1%	COM	651639106
PEP	PepsiCo	11,587	$1.53M	0.9%	$64.54	+103.0%	COM	713448108
—	Teledyne Technologies	2,961	$1.517M	0.9%	$430.68	—	COM	879360106
BMY	Bristol-Myers Squibb	30,414	$1.408M	0.8%	$38.39	+23.0%	COM	110122108
CLX	Clorox	10,917	$1.311M	0.8%	$63.81	+104.4%	COM	189054109
LOW	Lowes	5,731	$1.272M	0.8%	$165.09	+33.6%	COM	548661107
—	Global Payment	15,672	$1.254M	0.8%	$105.85	—	COM	37940x102
DD	Du Pont (E.I) de Nemours	18,005	$1.235M	0.7%	$27.18	+0.5%	COM	26614N102
EMR	Emerson Electric	8,923	$1.19M	0.7%	$55.21	+105.7%	COM	291011104
HII	Huntington Ingalls Ind.	4,852	$1.172M	0.7%	$185.77	+18.7%	COM	446413106
AMGN	Amgen	4,166	$1.163M	0.7%	$97.44	+185.1%	COM	031162100
J	Jacobs Solutions	8,835	$1.161M	0.7%	$103.80	+18.1%	COM	46982L108
GE	GE Aerospace	4,458	$1.147M	0.7%	$58.52	+273.5%	COM	369604301
—	Kite Realty Group	50,510	$1.144M	0.7%	$21.85	—	COM	49803t300
ICLR	Icon PLC	7,701	$1.12M	0.7%	$136.54	+3.9%	COM	G4705A100
STX	Seagate	7,725	$1.115M	0.7%	$98.66	+3.8%	COM	G7997R103
INTC	Intel	48,582	$1.088M	0.7%	$20.38	+1.7%	COM	458140100
BDX	Becton Dickinson	6,237	$1.074M	0.6%	$207.65	-13.1%	COM	075887109
ORI	Old Republic	27,000	$1.038M	0.6%	$12.05	+189.4%	COM	680223104
UNP	Union Pacific	4,494	$1.034M	0.6%	$105.33	+107.4%	COM	907818108
DOV	Dover Corp.	5,598	$1.026M	0.6%	$106.22	+62.6%	COM	260003108
—	WIX.com	6,345	$1.005M	0.6%	$177.27	—	COM	m98068105
UNH	United Health Group	3,194	$996K	0.6%	$186.51	+101.0%	COM	91324P102
LEA	Lear Corp.	10,442	$992K	0.6%	$113.75	-24.3%	COM	521865204
BK	Bank of New York Mellon	9,852	$898K	0.5%	$27.89	+201.0%	COM	064058100
—	Cisco Systems	12,793	$888K	0.5%	$44.92	—	COM	17275R952
MKC	McCormick	11,386	$863K	0.5%	$56.09	+30.9%	COM	579780206
HUM	Humana	3,460	$846K	0.5%	$317.14	-22.2%	COM	444859102
LLY	Eli Lilly	1,066	$831K	0.5%	$201.68	+283.5%	COM	532457108
—	Broadcom, Inc.	3,010	$830K	0.5%	$623.64	—	COM	11135f101
DLB	Dolby Class A	11,090	$824K	0.5%	$47.41	+55.2%	COM	25659T107
—	Hoya Capital High Dividend Yie	75,133	$713K	0.4%	$11.73	—	COM	26922b840
—	Merck	8,770	$694K	0.4%	$50.04	—	COM	58933y105
AMP	Ameriprise Financial	1,200	$640K	0.4%	$78.85	+521.7%	COM	03076C106
CVS	CVS/Caremark	8,890	$613K	0.4%	$59.29	+8.3%	COM	126650100
—	Wyndham Hotels & Resorts	7,408	$602K	0.4%	$58.82	—	COM	98311a105
DDOG	Datadog	4,470	$600K	0.4%	$110.71	0.0%	COM	23804L103
—	GE Vernova	1,119	$592K	0.4%	$171.51	—	COM	36828a101
—	3M	3,846	$586K	0.4%	$142.94	—	COM	88579y101
—	Corteva	7,769	$579K	0.3%	$29.60	—	COM	22052l104
LPLA	LPL Financial Holdings	1,490	$559K	0.3%	$350.35	0.0%	COM	50212V100
WLK	Westlake Chemical Corp.	6,711	$510K	0.3%	$66.78	+20.2%	COM	960413102
—	Salesforce	1,734	$473K	0.3%	$268.94	—	COM	79466l302
MCO	Moody's Corp.	924	$463K	0.3%	$154.93	+197.5%	COM	615369105
—	Apollo Global Mgmt. LLC	3,250	$461K	0.3%	$64.43	—	COM	037612306
AKAM	Akamai Technologies	5,675	$453K	0.3%	$98.08	-20.8%	COM	00971T101
COF	Capital One Financial	2,055	$437K	0.3%	$185.05	0.0%	COM	14040H105
AMAT	Applied Materials	2,250	$412K	0.2%	$52.94	+197.4%	COM	038222105
UPS	United Parcel Service 'B'	4,020	$406K	0.2%	$78.39	+20.0%	COM	911312106
—	FedEx	1,779	$404K	0.2%	$261.69	—	COM	31428x106
—	Zimmer Biomet	4,337	$396K	0.2%	$117.03	—	COM	98956p102
HBAN	Huntington Bancshares	22,427	$376K	0.2%	$13.04	+12.7%	COM	446150104
YUM	Yum! Brands	2,522	$374K	0.2%	$40.89	+252.5%	COM	988498101
NDAQ	Nasdaq	4,050	$362K	0.2%	$45.80	+72.9%	COM	631103108
BAC	Bank America	7,321	$346K	0.2%	$23.66	+75.2%	COM	060505104
PAYX	Paychex	2,375	$345K	0.2%	$76.93	+91.8%	COM	704326107
DLR	Digital Realty Trust	1,900	$331K	0.2%	$90.52	+77.0%	COM	253868103
—	Cigna	971	$321K	0.2%	$189.89	—	COM	125509109
BA	Boeing	1,500	$314K	0.2%	$207.75	-9.1%	COM	097023105
PKG	Packaging Corp.	1,635	$308K	0.2%	$86.90	+113.8%	COM	695156109
—	Blackstone Group	2,034	$304K	0.2%	$108.04	—	COM	09253u108
CAT	Caterpillar	783	$304K	0.2%	$206.59	+60.1%	COM	149123101
—	Verizon Communications	6,906	$299K	0.2%	$51.49	—	COM	92343v104
—	Anheuser-Busch	4,188	$288K	0.2%	$61.01	—	COM	03524a108
—	First American Financial	4,275	$262K	0.2%	$56.35	—	COM	31847r102
—	RTX	1,760	$257K	0.2%	$134.39	—	COM	75513e101
—	Alphabet Class A	1,368	$241K	0.1%	$157.00	—	COM	02079k305
TGT	Target	2,437	$240K	0.1%	$110.04	-15.2%	COM	87612E106
DE	Deere	442	$225K	0.1%	$461.52	+5.0%	COM	244199105
—	Verisign	765	$221K	0.1%	$288.80	—	COM	92343e102
MAA	Mid America Apartment Communit	1,490	$221K	0.1%	$88.45	+72.4%	COM	59522J103
—	Oracle	1,000	$219K	0.1%	$218.63	—	COM	68389x105
MDLZ	Mondelez	3,198	$216K	0.1%	$44.56	+46.2%	COM	609207105
IWR	Ishares Russell Midcap Index	2,184	$201K	0.1%	$91.97	—	COM	464287499
—	Match Group	6,496	$201K	0.1%	$37.84	—	COM	57665r106
—	Apple Hospitality	17,000	$198K	0.1%	$16.61	—	COM	03784y200
—	Aecon Group	10,000	$150K	0.1%	$9.31	—	COM	00762v109