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
3M ORD COMMON 88579Y101 37,225 211,000 SH   SOLE   211,000 0 0
ABBOTT LABORATORIES ORD COMMON 002824100 20,655 237,800 SH   SOLE   237,800 0 0
ABBVIE ORD COMMON 00287Y109 37,789 426,800 SH   SOLE   426,800 0 0
ACCENTURE CL A ORD COMMON G1151C101 72,647 345,000 SH   SOLE   345,000 0 0
AIR PRODUCTS AND CHEMICALS ORD COMMON 009158106 26,648 113,400 SH   SOLE   113,400 0 0
AMERICAN TOWER REIT COMMON 03027X100 46,336 201,619 SH   SOLE   201,619 0 0
ANALOG DEVICES ORD COMMON 032654105 49,826 419,270 SH   SOLE   419,270 0 0
APPLE ORD COMMON 037833100 343,277 1,169,000 SH   SOLE   1,169,000 0 0
AT&T ORD COMMON 00206R102 20,791 532,000 SH   SOLE   532,000 0 0
AUTOMATIC DATA PROCESSING ORD COMMON 053015103 4,390 25,750 SH   SOLE   25,750 0 0
AVALONBAY COMMUNITIES REIT ORD COMMON 053484101 28,425 135,550 SH   SOLE   135,550 0 0
BLACKROCK ORD COMMON 09247X101 21,365 42,500 SH   SOLE   42,500 0 0
BROADCOM ORD COMMON 11135F101 80,111 253,500 SH   SOLE   253,500 0 0
CHEVRON ORD COMMON 166764100 26,994 224,000 SH   SOLE   224,000 0 0
CHUBB ORD COMMON H1467J104 37,810 242,902 SH   SOLE   242,902 0 0
CISCO SYSTEMS ORD COMMON 17275R102 117,334 2,446,500 SH   SOLE   2,446,500 0 0
CME GROUP CL A ORD COMMON 12572Q105 201,121 1,002,000 SH   SOLE   1,002,000 0 0
DOVER ORD COMMON 260003108 91,839 796,800 SH   SOLE   796,800 0 0
DUKE ENERGY ORD COMMON 26441C204 28,275 310,000 SH   SOLE   310,000 0 0
ENBRIDGE ORD COMMON 29250N105 11,670 293,428 SH   SOLE   293,428 0 0
ESTEE LAUDER CL A ORD COMMON 518439104 40,359 195,405 SH   SOLE   195,405 0 0
EXXON MOBIL ORD COMMON 30231G102 1,745 25,000 SH   SOLE   25,000 0 0
GILEAD SCIENCES ORD COMMON 375558103 75,274 1,158,419 SH   SOLE   1,158,419 0 0
HASBRO ORD COMMON 418056107 28,895 273,600 SH   SOLE   273,600 0 0
HOME DEPOT ORD COMMON 437076102 92,277 422,554 SH   SOLE   422,554 0 0
HONEYWELL INTERNATIONAL ORD COMMON 438516106 148,238 837,500 SH   SOLE   837,500 0 0
INTERNATIONAL BUSINESS MACHINES ORD COMMON 459200101 37,223 277,700 SH   SOLE   277,700 0 0
JOHNSON & JOHNSON ORD COMMON 478160104 29,174 200,000 SH   SOLE   200,000 0 0
JPMORGAN CHASE ORD COMMON 46625H100 12,546 90,000 SH   SOLE   90,000 0 0
LYONDELLBASELL INDUSTRIES CL A ORD COMMON N53745100 12,187 128,991 SH   SOLE   128,991 0 0
MCDONALD'S ORD COMMON 580135101 88,458 447,638 SH   SOLE   447,638 0 0
MICROSOFT ORD COMMON 594918104 147,126 932,950 SH   SOLE   932,950 0 0
NORFOLK SOUTHERN ORD COMMON 655844108 114,088 587,687 SH   SOLE   587,687 0 0
PEPSICO ORD COMMON 713448108 16,332 119,500 SH   SOLE   119,500 0 0
PFIZER ORD COMMON 717081103 16,655 425,100 SH   SOLE   425,100 0 0
PHILIP MORRIS INTERNATIONAL ORD COMMON 718172109 70,247 825,562 SH   SOLE   825,562 0 0
PNC FINANCIAL SERVICES GROUP ORD COMMON 693475105 86,679 543,000 SH   SOLE   543,000 0 0
PROCTER & GAMBLE ORD COMMON 742718109 6,233 49,900 SH   SOLE   49,900 0 0
PROLOGIS REIT COMMON 74340W103 52,593 590,000 SH   SOLE   590,000 0 0
QUALCOMM ORD COMMON 747525103 84,480 957,500 SH   SOLE   957,500 0 0
RPM ORD COMMON 749685103 63,306 824,725 SH   SOLE   824,725 0 0
SNAP ON ORD COMMON 833034101 35,449 209,264 SH   SOLE   209,264 0 0
TJX ORD COMMON 872540109 48,848 800,000 SH   SOLE   800,000 0 0
UNITED TECHNOLOGIES ORD COMMON 913017109 3,145 21,000 SH   SOLE   21,000 0 0
UNITEDHEALTH GRP ORD COMMON 91324P102 137,824 468,822 SH   SOLE   468,822 0 0
US BANCORP ORD COMMON 902973304 24,605 415,000 SH   SOLE   415,000 0 0
VALERO ENERGY ORD COMMON 91913Y100 67,572 721,540 SH   SOLE   721,540 0 0
VERIZON COMMUNICATIONS ORD COMMON 92343V104 29,883 486,700 SH   SOLE   486,700 0 0
VF ORD COMMON 918204108 113,077 1,134,630 SH   SOLE   1,134,630 0 0
WALT DISNEY ORD COMMON 254687106 78,389 542,000 SH   SOLE   542,000 0 0