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 36,012 189,000 SH   SOLE   189,000 0 0
ABBOTT LABORATORIES ORD COMMON 002824100 17,200 237,800 SH   SOLE   237,800 0 0
ABBVIE ORD COMMON 00287Y109 31,511 341,800 SH   SOLE   341,800 0 0
ACCENTURE CL A ORD COMMON G1151C101 48,648 345,000 SH   SOLE   345,000 0 0
AIR PRODUCTS AND CHEMICALS ORD COMMON 009158106 18,150 113,400 SH   SOLE   113,400 0 0
AMERICAN TOWER REIT COMMON 03027X100 30,708 194,119 SH   SOLE   194,119 0 0
ANALOG DEVICES ORD COMMON 032654105 35,986 419,270 SH   SOLE   419,270 0 0
APPLE ORD COMMON 037833100 184,398 1,169,000 SH   SOLE   1,169,000 0 0
AT&T ORD COMMON 00206R102 15,183 532,000 SH   SOLE   532,000 0 0
AUTOMATIC DATA PROCESSING ORD COMMON 053015103 3,376 25,750 SH   SOLE   25,750 0 0
BLACKROCK ORD COMMON 09247X101 13,749 35,000 SH   SOLE   35,000 0 0
BROADCOM ORD COMMON 11135F101 57,950 227,900 SH   SOLE   227,900 0 0
CHEVRON ORD COMMON 166764100 21,649 199,000 SH   SOLE   199,000 0 0
CHUBB ORD COMMON H1467J104 31,378 242,902 SH   SOLE   242,902 0 0
CISCO SYSTEMS ORD COMMON 17275R102 103,320 2,384,500 SH   SOLE   2,384,500 0 0
CME GROUP CL A ORD COMMON 12572Q105 183,417 975,000 SH   SOLE   975,000 0 0
DOVER ORD COMMON 260003108 56,533 796,800 SH   SOLE   796,800 0 0
DUKE ENERGY ORD COMMON 26441C204 26,753 310,000 SH   SOLE   310,000 0 0
ENBRIDGE ORD COMMON 29250N105 9,120 293,428 SH   SOLE   293,428 0 0
GARRETT MOTION ORD COMMON 366505105 1,169 94,750 SH   SOLE   94,750 0 0
GILEAD SCIENCES ORD COMMON 375558103 58,698 938,419 SH   SOLE   938,419 0 0
HASBRO ORD COMMON 418056107 22,230 273,600 SH   SOLE   273,600 0 0
HOME DEPOT ORD COMMON 437076102 62,294 362,554 SH   SOLE   362,554 0 0
HONEYWELL INTERNATIONAL ORD COMMON 438516106 125,184 947,500 SH   SOLE   947,500 0 0
INTERNATIONAL BUSINESS MACHINES ORD COMMON 459200101 31,566 277,700 SH   SOLE   277,700 0 0
JOHNSON & JOHNSON ORD COMMON 478160104 25,810 200,000 SH   SOLE   200,000 0 0
JPMORGAN CHASE ORD COMMON 46625H100 5,857 60,000 SH   SOLE   60,000 0 0
LYONDELLBASELL INDUSTRIES CL A ORD COMMON N53745100 7,068 84,991 SH   SOLE   84,991 0 0
MCDONALD'S ORD COMMON 580135101 79,487 447,638 SH   SOLE   447,638 0 0
MICROSOFT ORD COMMON 594918104 94,760 932,950 SH   SOLE   932,950 0 0
NORFOLK SOUTHERN ORD COMMON 655844108 87,883 587,687 SH   SOLE   587,687 0 0
PEPSICO ORD COMMON 713448108 13,202 119,500 SH   SOLE   119,500 0 0
PFIZER ORD COMMON 717081103 17,198 394,000 SH   SOLE   394,000 0 0
PHILIP MORRIS INTERNATIONAL ORD COMMON 718172109 55,115 825,562 SH   SOLE   825,562 0 0
PNC FINANCIAL SERVICES GROUP ORD COMMON 693475105 55,298 473,000 SH   SOLE   473,000 0 0
POLARIS INDUSTRIES ORD COMMON 731068102 59,810 780,000 SH   SOLE   780,000 0 0
PROCTER & GAMBLE ORD COMMON 742718109 4,587 49,900 SH   SOLE   49,900 0 0
PROLOGIS REIT COMMON 74340W103 34,645 590,000 SH   SOLE   590,000 0 0
PUBLIC STORAGE REIT ORD COMMON 74460D109 17,942 88,642 SH   SOLE   88,642 0 0
QUALCOMM ORD COMMON 747525103 51,930 912,500 SH   SOLE   912,500 0 0
RESIDEO TECHNOLOGIES ORD COMMON 76118Y104 3,245 157,916 SH   SOLE   157,916 0 0
RPM ORD COMMON 749685103 48,477 824,725 SH   SOLE   824,725 0 0
TJX ORD COMMON 872540109 17,449 390,000 SH   SOLE   390,000 0 0
UNITED TECHNOLOGIES ORD COMMON 913017109 2,236 21,000 SH   SOLE   21,000 0 0
UNITEDHEALTH GRP ORD COMMON 91324P102 116,793 468,822 SH   SOLE   468,822 0 0
US BANCORP ORD COMMON 902973304 6,170 135,000 SH   SOLE   135,000 0 0
VALERO ENERGY ORD COMMON 91913Y100 33,927 452,540 SH   SOLE   452,540 0 0
VERIZON COMMUNICATIONS ORD COMMON 92343V104 27,362 486,700 SH   SOLE   486,700 0 0
VF ORD COMMON 918204108 80,945 1,134,630 SH   SOLE   1,134,630 0 0
WALT DISNEY ORD COMMON 254687106 59,430 542,000 SH   SOLE   542,000 0 0