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
ABBVIE INC COM 00287Y109 151,341 933,567 SH   SOLE   110,327 0 823,240
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101 116,427 1,433,296 SH   SOLE   175,519 0 1,257,777
BROADCOM INC COM 11135F101 146,311 232,358 SH   SOLE   28,547 0 203,811
CISCO SYS INC COM 17275R102 83,761 1,502,169 SH   SOLE   182,883 0 1,319,286
CME GROUP INC COM 12572Q105 112,402 472,554 SH   SOLE   59,279 0 413,275
CONOCOPHILLIPS COM 20825C104 140,142 1,401,421 SH   SOLE   177,899 0 1,223,522
CUMMINS INC COM 231021106 97,584 475,766 SH   SOLE   57,810 0 417,956
ENTERPRISE PRODS PARTNERS L COM 293792107 124,157 4,810,415 SH   SOLE   385,840 0 4,424,575
GENUINE PARTS CO COM 372460105 116,817 926,972 SH   SOLE   111,958 0 815,014
HASBRO INC COM 418056107 91,115 1,112,249 SH   SOLE   137,939 0 974,310
HOME DEPOT INC COM 437076102 79,436 265,380 SH   SOLE   32,804 0 232,576
INTERPUBLIC GROUP COS INC COM 460690100 81,174 2,289,807 SH   SOLE   277,167 0 2,012,640
JOHNSON & JOHNSON COM 478160104 120,731 681,209 SH   SOLE   79,801 0 601,408
KEURIG DR PEPPER INC COM 49271V100 115,021 3,034,863 SH   SOLE   378,918 0 2,655,945
KEYCORP COM 493267108 109,222 4,880,340 SH   SOLE   592,306 0 4,288,034
LAMAR ADVERTISING CO NEW CL A 512816109 115,662 995,542 SH   SOLE   123,040 0 872,502
M D C HLDGS INC COM 552676108 75,970 2,007,657 SH   SOLE   247,349 0 1,760,308
OLD REP INTL CORP COM 680223104 130,463 5,043,033 SH   SOLE   616,610 0 4,426,423
PAYCHEX INC COM 704326107 109,242 800,481 SH   SOLE   100,609 0 699,872
PROCTER AND GAMBLE CO COM 742718109 116,872 764,866 SH   SOLE   95,071 0 669,795
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 125,759 1,796,560 SH   SOLE   227,241 0 1,569,319
SANOFI SPONSORED ADR 80105N105 96,946 1,888,304 SH   SOLE   222,721 0 1,665,583
SNAP ON INC COM 833034101 86,777 422,313 SH   SOLE   51,200 0 371,113
STEEL DYNAMICS INC COM 858119100 87,145 1,044,528 SH   SOLE   127,179 0 917,349
STORE CAP CORP COM 862121100 110,003 3,763,368 SH   SOLE   467,873 0 3,295,495
TARGET CORP COM 87612E106 95,510 450,050 SH   SOLE   56,292 0 393,758