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
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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
AFLAC INC COM 001055102 347,383 7,811,659 SH   DFND 1 4,033,509 0 3,778,150
ALPHABET INC CAP STK CL A 02079K305 133 76 SH   DFND 1 0 0 76
AMERICAN INTL GROUP INC COM NEW 026874784 129 3,400 SH   DFND 1 0 0 3,400
AT&T INC COM 00206R102 87,622 3,046,742 SH   DFND 1 1,617,247 0 1,429,495
AUTOZONE INC COM 053332102 87,481 73,797 SH   DFND 1 36,263 0 37,534
BIOGEN INC COM 09062X103 61 250 SH   DFND 1 0 0 250
CANADIAN NATL RY CO COM 136375102 201,358 1,833,264 SH   DFND 1 878,940 0 954,324
CARNIVAL CORP UNIT 99/99/9999 143658300 112,866 5,210,715 SH   DFND 1 2,679,193 0 2,531,522
CVS HEALTH CORP COM 126650100 48 700 SH   DFND 1 0 0 700
FACEBOOK INC CL A 30303M102 117 428 SH   DFND 1 0 0 428
GENERAL MTRS CO COM 37045V100 176,732 4,244,205 SH   DFND 1 2,201,712 0 2,042,493
GENTEX CORP COM 371901109 244,036 7,192,307 SH   DFND 1 3,705,885 0 3,486,422
GOLDMAN SACHS GROUP INC COM 38141G104 32,957 124,977 SH   DFND 1 59,495 0 65,482
INTEL CORP COM 458140100 415,166 8,333,331 SH   DFND 1 4,134,679 0 4,198,652
L BRANDS INC COM 501797104 18 479 SH   DFND 1 0 0 479
OWENS CORNING NEW COM 690742101 121 1,600 SH   DFND 1 0 0 1,600
UNION PAC CORP COM 907818108 372,308 1,788,062 SH   DFND 1 924,487 0 863,575
UNITEDHEALTH GROUP INC COM 91324P102 307,224 876,076 SH   DFND 1 455,938 0 420,138
PACKAGING CORP AMER COM 695156109 392,601 2,846,795 SH   DFND 1 1,413,709 0 1,433,086
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 9,582 102,082 SH   DFND 1 102,082 0 0
TENNECO INC CL A VTG COM STK 880349105 98 9,200 SH   DFND 1 0 0 9,200
AMERICAN EXPRESS CO COM 025816109 297,901 2,463,813 SH   DFND 1 1,270,901 0 1,192,912
TRACTOR SUPPLY CO COM 892356106 133,248 947,823 SH   DFND 1 499,346 0 448,477
US BANCORP DEL COM NEW 902973304 233,705 5,016,236 SH   DFND 1 2,588,434 0 2,427,802
ROBERT HALF INTL INC COM 770323103 109,488 1,752,360 SH   DFND 1 905,259 0 847,101
LOWES COS INC COM 548661107 310,443 1,934,106 SH   DFND 1 998,123 0 935,983
OREILLY AUTOMOTIVE INC COM 67103H107 113,354 250,464 SH   DFND 1 130,609 0 119,855
POSCO SPONSORED ADR 693483109 54,244 870,512 SH   DFND 1 471,539 0 398,973
PARKER-HANNIFIN CORP COM 701094104 276,233 1,014,038 SH   DFND 1 532,717 0 481,321
PROGRESSIVE CORP COM 743315103 403,894 4,084,695 SH   DFND 1 2,112,544 0 1,972,151
IAC INTERACTIVECORP NEW COM 44891N109 30 160 SH   DFND 1 0 0 160
CENTENE CORP DEL COM 15135B101 139 2,320 SH   DFND 1 0 0 2,320
BORGWARNER INC COM 099724106 58 1,507 SH   DFND 1 0 0 1,507
TERADYNE INC COM 880770102 88 730 SH   DFND 1 0 0 730
VISA INC COM CL A 92826C839 164 750 SH   DFND 1 0 0 750