Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	JPMorgan Chase	43,381	$13.68M	7.5%	$58.86	—	COM	46625h100
MSFT	Microsoft	18,012	$9.329M	5.1%	$136.78	+271.9%	COM	594918104
JNJ	Johnson & Johnson	40,750	$7.556M	4.2%	$65.75	+157.8%	COM	478160104
AAPL	Apple	29,367	$7.478M	4.1%	$85.03	+165.3%	COM	037833100
—	Hoya Capital Housing	153,817	$7.236M	4.0%	$30.25	—	COM	26922a230
URI	United Rentals	6,158	$5.879M	3.2%	$332.99	+166.8%	COM	911363109
—	Alphabet Class C	21,100	$5.139M	2.8%	$149.24	—	COM	02079k107
IBM	International Business Machine	16,933	$4.778M	2.6%	$126.18	+105.7%	COM	459200101
AMZN	Amazon	19,623	$4.309M	2.4%	$140.30	+61.3%	COM	023135106
DHI	D R Horton	21,455	$3.636M	2.0%	$63.56	+146.4%	COM	23331A109
NVDA	Nvidia Corp.	17,618	$3.287M	1.8%	$123.91	+40.7%	COM	67066G104
ABBV	Abbvie	13,995	$3.24M	1.8%	$118.96	+69.8%	COM	00287Y109
WMT	Wal-Mart Stores	29,547	$3.045M	1.7%	$47.75	+107.8%	COM	931142103
AXP	American Express	9,118	$3.029M	1.7%	$77.15	+310.3%	COM	025816109
GS	Goldman Sachs	3,723	$2.965M	1.6%	$450.08	+63.3%	COM	38141G104
HD	Home Depot	6,942	$2.813M	1.5%	$84.52	+360.5%	COM	437076102
KR	Kroger	40,947	$2.76M	1.5%	$37.33	+85.1%	COM	501044101
—	Labcorp Holdings	8,681	$2.492M	1.4%	$210.25	—	COM	50540r409
PG	Procter & Gamble	15,951	$2.451M	1.3%	$58.01	+167.0%	COM	742718109
WM	Waste Management	10,923	$2.412M	1.3%	$47.68	+369.1%	COM	94106L109
DIS	Disney	20,836	$2.386M	1.3%	$73.22	+59.8%	COM	254687106
NEM	Newmont Mining Corp.	27,947	$2.356M	1.3%	$35.47	+95.6%	COM	651639106
XOM	Exxon Mobil	20,640	$2.327M	1.3%	$55.85	+96.4%	COM	30231G102
EFX	Equifax	9,042	$2.32M	1.3%	$252.84	-1.0%	COM	294429105
ABT	Abbott Laboratories	16,909	$2.265M	1.2%	$33.91	+285.2%	COM	002824100
HUBB	Hubbell	5,261	$2.264M	1.2%	$152.24	+181.3%	COM	443510607
SPGI	S&P Global	4,629	$2.253M	1.2%	$126.49	+322.0%	COM	78409V104
CVX	Chevron	14,045	$2.181M	1.2%	$78.64	+93.6%	COM	166764100
SCHW	Schwab, Charles	22,157	$2.115M	1.2%	$41.64	+127.0%	COM	808513105
GE	GE Aerospace	6,828	$2.054M	1.1%	$132.86	+105.2%	COM	369604301
—	Teledyne Technologies	3,471	$2.034M	1.1%	$453.51	—	COM	879360106
NSRGY	Nestle ADR	20,925	$1.922M	1.1%	$78.92	—	COM	641069406
STX	Seagate	7,725	$1.824M	1.0%	$98.66	+72.0%	COM	G7997R103
LOW	Lowes	7,152	$1.797M	1.0%	$180.81	+35.1%	COM	548661107
MCD	McDonald's Corp.	5,841	$1.775M	1.0%	$126.42	+138.4%	COM	580135101
—	Zoetis	11,110	$1.626M	0.9%	$79.47	—	COM	98978v103
INTC	Intel	48,239	$1.618M	0.9%	$20.38	+18.9%	COM	458140100
—	Cisco Systems	22,459	$1.537M	0.8%	$55.04	—	COM	17275R952
PFE	Pfizer	58,565	$1.492M	0.8%	$17.65	+36.8%	COM	717081103
DD	Du Pont (E.I) de Nemours	18,438	$1.436M	0.8%	$27.27	+14.2%	COM	26614N102
HII	Huntington Ingalls Ind.	4,852	$1.397M	0.8%	$185.77	+42.3%	COM	446413106
—	Broadcom, Inc.	4,196	$1.384M	0.8%	$540.62	—	COM	11135f101
J	Jacobs Solutions	8,835	$1.324M	0.7%	$103.80	+37.9%	COM	46982L108
—	Global Payment	15,472	$1.285M	0.7%	$105.85	—	COM	37940x102
EMR	Emerson Electric	8,923	$1.171M	0.6%	$55.21	+145.4%	COM	291011104
ORI	Old Republic	27,000	$1.147M	0.6%	$12.05	+199.1%	COM	680223104
PEP	PepsiCo	8,155	$1.145M	0.6%	$64.54	+117.6%	COM	713448108
BDX	Becton Dickinson	6,102	$1.142M	0.6%	$207.65	-11.4%	COM	075887109
—	WIX.com	6,345	$1.127M	0.6%	$177.27	—	COM	m98068105
—	Kite Realty Group	50,510	$1.126M	0.6%	$21.85	—	COM	49803t300
BK	Bank of New York Mellon	9,852	$1.073M	0.6%	$27.89	+263.4%	COM	064058100
DDOG	Datadog	7,129	$1.015M	0.6%	$120.78	+14.0%	COM	23804L103
CLX	Clorox	8,206	$1.012M	0.6%	$63.81	+91.6%	COM	189054109
UNH	United Health Group	2,908	$1.004M	0.6%	$186.51	+60.3%	COM	91324P102
LEA	Lear Corp.	9,902	$996K	0.5%	$113.75	-9.8%	COM	521865204
—	RTX	5,938	$994K	0.5%	$157.57	—	COM	75513e101
—	Oracle	3,445	$969K	0.5%	$263.07	—	COM	68389x105
UNP	Union Pacific	3,931	$929K	0.5%	$105.33	+111.9%	COM	907818108
HUM	Humana	3,460	$900K	0.5%	$317.14	-17.6%	COM	444859102
DOV	Dover Corp.	5,323	$888K	0.5%	$106.22	+68.2%	COM	260003108
—	Hoya Capital High Dividend Yie	89,329	$860K	0.5%	$11.40	—	COM	26922b840
AMGN	Amgen	3,041	$858K	0.5%	$97.44	+194.1%	COM	031162100
AMAT	Applied Materials	4,136	$847K	0.5%	$111.24	+62.5%	COM	038222105
LLY	Eli Lilly	1,066	$813K	0.4%	$201.68	+268.0%	COM	532457108
DLB	Dolby Class A	11,090	$803K	0.4%	$47.41	+53.1%	COM	25659T107
MKC	McCormick	11,386	$762K	0.4%	$56.09	+23.1%	COM	579780206
—	Alphabet Class A	3,132	$761K	0.4%	$205.49	—	COM	02079k305
—	Merck	8,716	$732K	0.4%	$50.04	—	COM	58933y105
—	GE Vernova	1,119	$688K	0.4%	$171.51	—	COM	36828a101
INTU	Intuit	1,001	$684K	0.4%	$719.44	0.0%	COM	461202103
NEE	Nextera Energy	8,503	$642K	0.4%	$72.21	0.0%	COM	65339F101
CEG	Constellation Energy	1,946	$640K	0.4%	$322.17	0.0%	COM	21037T109
CVS	CVS/Caremark	8,230	$620K	0.3%	$59.29	+14.4%	COM	126650100
—	3M	3,846	$597K	0.3%	$142.94	—	COM	88579y101
—	Wyndham Hotels & Resorts	7,408	$592K	0.3%	$58.82	—	COM	98311a105
AMP	Ameriprise Financial	1,200	$590K	0.3%	$78.85	+546.9%	COM	03076C106
—	Corteva	7,769	$525K	0.3%	$29.60	—	COM	22052l104
WLK	Westlake Chemical Corp.	6,711	$517K	0.3%	$66.78	+23.3%	COM	960413102
BMY	Bristol-Myers Squibb	11,224	$506K	0.3%	$38.39	+18.6%	COM	110122108
LPLA	LPL Financial Holdings	1,490	$496K	0.3%	$350.35	+3.5%	COM	50212V100
MCO	Moody's Corp.	924	$440K	0.2%	$154.93	+224.4%	COM	615369105
COF	Capital One Financial	2,055	$437K	0.2%	$185.05	+17.7%	COM	14040H105
—	Apollo Global Mgmt. LLC	3,250	$433K	0.2%	$64.43	—	COM	037612306
AKAM	Akamai Technologies	5,675	$430K	0.2%	$98.08	-21.4%	COM	00971T101
PWR	Quanta Services	985	$408K	0.2%	$388.50	0.0%	COM	74762E102
YUM	Yum! Brands	2,522	$383K	0.2%	$40.89	+257.2%	COM	988498101
—	FedEx	1,609	$379K	0.2%	$261.69	—	COM	31428x106
SNPS	Synopsys	768	$379K	0.2%	$565.30	0.0%	COM	871607107
CAT	Caterpillar	783	$374K	0.2%	$206.59	+105.9%	COM	149123101
—	Salesforce	1,540	$365K	0.2%	$268.94	—	COM	79466l302
NDAQ	Nasdaq	4,050	$358K	0.2%	$45.80	+101.2%	COM	631103108
PKG	Packaging Corp.	1,635	$356K	0.2%	$86.90	+134.8%	COM	695156109
BAC	Bank America	6,821	$352K	0.2%	$23.66	+104.4%	COM	060505104
—	Blackstone Group	2,034	$348K	0.2%	$108.04	—	COM	09253u108
HBAN	Huntington Bancshares	19,052	$329K	0.2%	$13.04	+28.9%	COM	446150104
DLR	Digital Realty Trust	1,900	$328K	0.2%	$90.52	+86.3%	COM	253868103
BA	Boeing	1,500	$324K	0.2%	$207.75	+8.5%	COM	097023105
—	Verizon Communications	6,906	$304K	0.2%	$51.49	—	COM	92343v104
PAYX	Paychex	2,375	$301K	0.2%	$76.93	+78.3%	COM	704326107
—	Cigna	971	$280K	0.2%	$189.89	—	COM	125509109
—	First American Financial	4,275	$275K	0.2%	$56.35	—	COM	31847r102
—	Match Group	6,496	$229K	0.1%	$37.84	—	COM	57665r106
—	Verisign	765	$214K	0.1%	$288.80	—	COM	92343e102
IWR	Ishares Russell Midcap Index	2,184	$211K	0.1%	$91.97	—	COM	464287499
ICLR	Icon PLC	1,200	$210K	0.1%	$136.54	+22.6%	COM	G4705A100
MAA	Mid America Apartment Communit	1,490	$208K	0.1%	$88.45	+61.3%	COM	59522J103
—	Apple Hospitality	17,000	$204K	0.1%	$16.61	—	COM	03784y200
—	Aecon Group	10,000	$171K	0.1%	$9.31	—	COM	00762v109