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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109   143,301,814 961,370 SH   SOLE   119,292 0 842,078
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101   140,324,967 1,364,100 SH   SOLE   172,962 0 1,191,138
BROADCOM INC COM 11135F101   171,201,641 206,123 SH   SOLE   26,082 0 180,041
CME GROUP INC COM 12572Q105   129,713,328 647,854 SH   SOLE   83,521 0 564,333
COMCAST CORP NEW CL A 20030N101   115,582,852 2,606,740 SH   SOLE   342,373 0 2,264,367
CONOCOPHILLIPS COM 20825C104   157,976,666 1,318,670 SH   SOLE   166,598 0 1,152,072
CUMMINS INC COM 231021106   112,440,701 492,168 SH   SOLE   64,193 0 427,975
ENTERPRISE PRODS PARTNERS L COM 293792107   135,726,133 4,958,938 SH   SOLE   428,736 0 4,530,202
GENUINE PARTS CO COM 372460105   101,506,280 703,049 SH   SOLE   90,047 0 613,002
HOME DEPOT INC COM 437076102   101,950,383 337,405 SH   SOLE   44,017 0 293,388
INTERPUBLIC GROUP COS INC COM 460690100   56,234,325 1,962,119 SH   SOLE   249,831 0 1,712,288
JOHNSON & JOHNSON COM 478160104   115,330,800 740,487 SH   SOLE   92,088 0 648,399
KEURIG DR PEPPER INC COM 49271V100   65,657,676 2,079,749 SH   SOLE   277,977 0 1,801,772
LAMAR ADVERTISING CO NEW CL A 512816109   113,536,083 1,360,202 SH   SOLE   179,130 0 1,181,072
M D C HLDGS INC COM 552676108   65,471,105 1,587,948 SH   SOLE   206,749 0 1,381,199
MORGAN STANLEY COM NEW 617446448   108,383,522 1,327,091 SH   SOLE   175,353 0 1,151,738
OLD REP INTL CORP COM 680223104   130,397,795 4,840,304 SH   SOLE   620,806 0 4,219,498
PAYCHEX INC COM 704326107   104,335,360 904,668 SH   SOLE   119,076 0 785,592
PROCTER AND GAMBLE CO COM 742718109   132,985,234 911,732 SH   SOLE   117,377 0 794,355
PUBLIC SVC ENTERPRISE GRP IN COM 744573106   115,498,508 2,029,494 SH   SOLE   262,880 0 1,766,614
SNAP ON INC COM 833034101   115,676,205 453,525 SH   SOLE   59,083 0 394,442
TARGET CORP COM 87612E106   60,135,495 543,868 SH   SOLE   70,645 0 473,223
TEXAS INSTRS INC COM 882508104   109,212,679 686,829 SH   SOLE   90,566 0 596,263
UNILEVER PLC SPON ADR NEW 904767704   114,566,652 2,319,163 SH   SOLE   303,982 0 2,015,181
UNITED PARCEL SERVICE INC CL B 911312106   83,651,844 536,677 SH   SOLE   69,585 0 467,092
WATSCO INC COM 942622200   105,696,254 279,827 SH   SOLE   36,563 0 243,264