The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVANCE AUTO PARTS INC COM 00751Y106 17,574 73,260 SH   SOLE   17,574 0 0
AIR PRODS & CHEMS INC COM 009158106 20,199 66,387 SH   SOLE   20,199 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 13,892 553,705 SH   SOLE   13,892 0 0
ALPHABET INC CAP STK CL A 02079K305 19,442 6,711 SH   SOLE   19,442 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 20,908 367,708 SH   SOLE   20,908 0 0
CHUBB LIMITED COM H1467J104 22,104 114,347 SH   SOLE   22,104 0 0
COMCAST CORP NEW CL A 20030N101 25,314 502,956 SH   SOLE   25,314 0 0
CORTEVA INC COM 22052L104 23,097 488,516 SH   SOLE   23,097 0 0
DEERE & CO COM 244199105 21,326 62,195 SH   SOLE   21,326 0 0
DOW INC COM 260557103 20,354 358,857 SH   SOLE   20,354 0 0
GENERAL DYNAMICS CORP COM 369550108 20,229 97,035 SH   SOLE   20,229 0 0
GENERAL MTRS CO COM 37045V100 12,540 213,892 SH   SOLE   12,540 0 0
HUNT J B TRANS SVCS INC COM 445658107 24,049 117,659 SH   SOLE   24,049 0 0
ORTHOFIX MED INC COM 68752M108 8,733 280,899 SH   SOLE   8,733 0 0
SYSCO CORP COM 871829107 21,959 279,552 SH   SOLE   21,959 0 0
T-MOBILE US INC COM 872590104 26,841 231,424 SH   SOLE   26,841 0 0