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
ABB Ltd-Spon ADR COM 000375204 706 31,275 SH   SOLE   31,275 0 0
Abbott Labs COM 002824100 11,355 124,190 SH   SOLE   124,190 0 0
Abbvie Inc COM 00287Y109 15,238 155,206 SH   SOLE   155,206 0 0
Accenture PLC CL A COM G1151C101 6,261 29,157 SH   SOLE   29,157 0 0
Activision Blizzard Inc COM 00507V109 6,541 86,173 SH   SOLE   86,173 0 0
Adidas AG COM 00687A107 682 5,200 SH   SOLE   5,200 0 0
Adobe Inc COM 00724F101 23,555 54,112 SH   SOLE   54,112 0 0
Air Products & Chemicals, Inc. COM 009158106 5,676 23,505 SH   SOLE   23,505 0 0
Albemarle Corp COM 012653101 3,132 40,565 SH   SOLE   40,565 0 0
Alcon Inc COM H01301128 350 6,100 SH   SOLE   6,100 0 0
Alexion Pharmaceuticals Inc COM 015351109 3,261 29,050 SH   SOLE   29,050 0 0
Alibaba Group Holdings COM 01609W102 7,142 33,109 SH   SOLE   33,109 0 0
Align Technology COM 016255101 4,723 17,210 SH   SOLE   17,210 0 0
AllianceBernstein Holding LP COM 01881G106 892 32,750 SH   SOLE   32,750 0 0
Allstate Corp COM 020002101 3,872 39,925 SH   SOLE   39,925 0 0
Alphabet Inc Class A COM 02079K305 32,544 22,950 SH   SOLE   22,950 0 0
Alphabet Inc Class C COM 02079K107 32,529 23,011 SH   SOLE   23,011 0 0
Altria Group, Inc. COM 02209S103 5,312 135,350 SH   SOLE   135,350 0 0
Amadeus IT Group COM 02263T104 516 9,900 SH   SOLE   9,900 0 0
Amazon.com, Inc. COM 023135106 80,199 29,070 SH   SOLE   29,070 0 0
Ambev SA ADR COM 02319V103 277 105,000 SH   SOLE   105,000 0 0
America Movil SA de CV ADR COM 02364W105 343 27,050 SH   SOLE   27,050 0 0
American Campus Communities COM 024835100 2,262 64,700 SH   SOLE   64,700 0 0
American Electric Power COM 025537101 4,760 59,765 SH   SOLE   59,765 0 0
American Express COM 025816109 11,188 117,525 SH   SOLE   117,525 0 0
American States Water Co COM 029899101 2,595 33,000 SH   SOLE   33,000 0 0
American Water Works Co Inc COM 030420103 4,200 32,645 SH   SOLE   32,645 0 0
Anheuser-Busch COM 03524A108 3,607 73,170 SH   SOLE   73,170 0 0
Anthem Inc COM 036752103 10,177 38,700 SH   SOLE   38,700 0 0
Apollo Global Management Inc COM 03768e105 554 11,100 SH   SOLE   11,100 0 0
Apple Inc COM 037833100 116,536 319,451 SH   SOLE   319,451 0 0
Ares Capital Corp COM 04010L103 234 16,200 SH   SOLE   16,200 0 0
Arthur J. Gallagher & Co. COM 363576109 13,186 135,250 SH   SOLE   135,250 0 0
AstraZeneca Group PLC ADR COM 046353108 1,261 23,850 SH   SOLE   23,850 0 0
AT&T Inc COM 00206R102 14,165 468,566 SH   SOLE   468,566 0 0
Atmos Energy Corp. COM 049560105 1,372 13,781 SH   SOLE   13,781 0 0
AXA SA ADR COM 054536107 498 23,800 SH   SOLE   23,800 0 0
Baidu.com COM 056752108 363 3,025 SH   SOLE   3,025 0 0
Banco Bilbao Vizcaya Argentari COM 05946K101 181 53,213 SH   SOLE   53,213 0 0
Banco de Chile ADR COM 059520106 264 14,952 SH   SOLE   14,952 0 0
Banco Santander Central Hispan COM 05964H105 141 58,500 SH   SOLE   58,500 0 0
Bank of New York Mellon Corp. COM 064058100 5,142 133,030 SH   SOLE   133,030 0 0
Barclays PLC ADR COM 06738E204 196 34,600 SH   SOLE   34,600 0 0
BASF SE ADR COM 055262505 731 52,200 SH   SOLE   52,200 0 0
Becton Dickinson and Co COM 075887109 1,511 6,314 SH   SOLE   6,314 0 0
BHP Billiton Ltd. ADR COM 088606108 1,006 20,225 SH   SOLE   20,225 0 0
Biomarin Pharmaceutical Inc COM 09061G101 3,465 28,095 SH   SOLE   28,095 0 0
Blackstone Group Inc NPV COM 09260d107 3,012 53,155 SH   SOLE   53,155 0 0
Boeing Company COM 097023105 9,843 53,700 SH   SOLE   53,700 0 0
Boston Properties Inc COM 101121101 428 4,740 SH   SOLE   4,740 0 0
BP plc ADR COM 055622104 1,403 60,150 SH   SOLE   60,150 0 0
Brambles LTD COM 105105209 584 39,000 SH   SOLE   39,000 0 0
Bristol Myers Squibb COM 110122108 4,729 80,420 SH   SOLE   80,420 0 0
British American Tob SP ADR COM 110448107 1,385 35,690 SH   SOLE   35,690 0 0
Broadcom Inc COM 11135F101 9,238 29,271 SH   SOLE   29,271 0 0
Callon Petroleum Co COM 13123X102 596 518,382 SH   SOLE   518,382 0 0
Capital One Financial COM 14040H105 4,674 74,675 SH   SOLE   74,675 0 0
Carrier Global Corp COM 14448C104 2,512 113,050 SH   SOLE   113,050 0 0
Caterpillar Inc. COM 149123101 5,327 42,110 SH   SOLE   42,110 0 0
Cemex SAB de CV ADR COM 151290889 50 17,486 SH   SOLE   17,486 0 0
CenturyLink Inc COM 156700106 632 63,050 SH   SOLE   63,050 0 0
CGI Inc COM 12532h104 751 11,925 SH   SOLE   11,925 0 0
Charles Schwab Corp. COM 808513105 6,520 193,245 SH   SOLE   193,245 0 0
Chart Industries Inc COM 16115Q308 3,476 71,680 SH   SOLE   71,680 0 0
Cheniere Energy Inc COM 16411R208 3,239 67,032 SH   SOLE   67,032 0 0
Chevron Corp. COM 166764100 12,690 142,220 SH   SOLE   142,220 0 0
Church & Dwight Co. COM 171340102 12,666 163,860 SH   SOLE   163,860 0 0
Cielo SA COM 171778202 67 79,725 SH   SOLE   79,725 0 0
Cigna Corp COM 125523100 5,333 28,419 SH   SOLE   28,419 0 0
Cincinnati Financial COM 172062101 928 14,500 SH   SOLE   14,500 0 0
Cinemark Holdings Inc. COM 17243V102 208 18,000 SH   SOLE   18,000 0 0
Cisco Systems COM 17275R102 19,082 409,125 SH   SOLE   409,125 0 0
Citigroup Inc. COM 172967424 9,732 190,455 SH   SOLE   190,455 0 0
CK Hutchison Holdings Limited COM 12562Y100 553 86,006 SH   SOLE   86,006 0 0
CMS Energy Corp. COM 125896100 6,249 106,960 SH   SOLE   106,960 0 0
Coca-Cola COM 191216100 10,629 237,895 SH   SOLE   237,895 0 0
Cognizant Tech Solutions Corp. COM 192446102 3,728 65,611 SH   SOLE   65,611 0 0
Columbia Sportswear Co COM 198516106 4,454 55,280 SH   SOLE   55,280 0 0
Comcast Corp COM 20030N101 12,570 322,475 SH   SOLE   322,475 0 0
Comerica, Inc. COM 200340107 724 19,000 SH   SOLE   19,000 0 0
ConocoPhillips COM 20825C104 1,788 42,555 SH   SOLE   42,555 0 0
Constellation Brands COM 21036P108 10,318 58,975 SH   SOLE   58,975 0 0
Continental Resources Inc COM 212015101 1,395 79,605 SH   SOLE   79,605 0 0
Corning Inc. COM 219350105 4,200 162,180 SH   SOLE   162,180 0 0
Corteva Inc COM 22052L104 569 21,228 SH   SOLE   21,228 0 0
Costco Co. COM 22160K105 11,467 37,820 SH   SOLE   37,820 0 0
Covanta Holding Corp COM 22282E102 907 94,575 SH   SOLE   94,575 0 0
Crowdstrike Holdings Inc COM 22788C105 4,146 41,341 SH   SOLE   41,341 0 0
Crown Castle International Cor COM 22822V101 10,895 65,105 SH   SOLE   65,105 0 0
Cummins Inc COM 231021106 6,028 34,790 SH   SOLE   34,790 0 0
CVS Health Corp COM 126650100 7,130 109,741 SH   SOLE   109,741 0 0
Daimler AG ADR COM D1668R123 594 14,600 SH   SOLE   14,600 0 0
Danaher Corp. COM 235851102 21,968 124,235 SH   SOLE   124,235 0 0
Danone ADR COM 23636T100 462 33,400 SH   SOLE   33,400 0 0
Darden Restaurants Inc. COM 237194105 3,508 46,300 SH   SOLE   46,300 0 0
Davita Inc COM 23918K108 7,000 88,450 SH   SOLE   88,450 0 0
Delek US Holding Inc COM 24665A103 1,884 108,223 SH   SOLE   108,223 0 0
Deutsche Post AG ADR COM 25157Y202 366 10,000 SH   SOLE   10,000 0 0
Diageo PLC ADR COM 25243Q205 1,377 10,250 SH   SOLE   10,250 0 0
Diamondback Energy Inc COM 25278X109 955 22,828 SH   SOLE   22,828 0 0
Digital Realty COM 253868103 853 6,000 SH   SOLE   6,000 0 0
Discovery Inc COM 25470F104 3,694 175,050 SH   SOLE   175,050 0 0
Dollar General COM 256677105 8,986 47,170 SH   SOLE   47,170 0 0
Dominion Energy Inc COM 25746U109 3,592 44,250 SH   SOLE   44,250 0 0
Dow Inc COM 260557103 865 21,227 SH   SOLE   21,227 0 0
Du Pont (E.I.) De Nemours & Co COM 26614N102 1,128 21,227 SH   SOLE   21,227 0 0
Duke Energy Corp. COM 26441C204 5,676 71,049 SH   SOLE   71,049 0 0
Duke Realty Corp. COM 264411505 2,644 74,700 SH   SOLE   74,700 0 0
Eagle Materials Inc COM 26969P108 3,052 43,465 SH   SOLE   43,465 0 0
Edison Int'l COM 281020107 2,119 39,025 SH   SOLE   39,025 0 0
Electronic Arts Inc. COM 285512109 5,226 39,575 SH   SOLE   39,575 0 0
Enbridge Inc COM 29250N105 1,333 43,825 SH   SOLE   43,825 0 0
Energy Transfer LP COM 29273V100 497 69,735 SH   SOLE   69,735 0 0
ENI SPA ADR COM 26874R108 433 22,475 SH   SOLE   22,475 0 0
Enterprise Products Partners L COM 293792107 945 52,000 SH   SOLE   52,000 0 0
EOG Resources COM 26875P101 3,984 78,650 SH   SOLE   78,650 0 0
EPAM Systems Inc COM 29414B104 5,464 21,682 SH   SOLE   21,682 0 0
EPR Properties COM 26884U109 1,460 44,080 SH   SOLE   44,080 0 0
Equity Residential Properties COM 29476L107 1,785 30,350 SH   SOLE   30,350 0 0
Essex Property Trust Inc COM 297178105 949 4,140 SH   SOLE   4,140 0 0
Evergy Inc COM 30034W106 3,161 53,320 SH   SOLE   53,320 0 0
Exact Sciences Corp COM 30063P105 10,974 126,225 SH   SOLE   126,225 0 0
Exelon Corp. COM 30161N101 3,698 101,840 SH   SOLE   101,840 0 0
Expedia Group Inc COM 30212P303 2,915 35,460 SH   SOLE   35,460 0 0
Exxon Mobil Corp. COM 30231G102 11,556 258,404 SH   SOLE   258,404 0 0
Facebook Inc COM 30303M102 37,534 165,296 SH   SOLE   165,296 0 0
Fanuc Corp COM 307305102 532 29,825 SH   SOLE   29,825 0 0
Fedex Corp. COM 31428X106 3,669 26,165 SH   SOLE   26,165 0 0
Ferrovial SA COM 315437103 801 30,091 SH   SOLE   30,091 0 0
Fidelity National Information COM 31620M106 6,629 49,435 SH   SOLE   49,435 0 0
Fifth Third Bancorp COM 316773100 3,120 161,810 SH   SOLE   161,810 0 0
FIserv Inc. COM 337738108 6,314 64,675 SH   SOLE   64,675 0 0
Flexion Therapeutics Inc COM 33938J106 4,435 337,250 SH   SOLE   337,250 0 0
Flowserve Corp. COM 34354P105 3,168 111,075 SH   SOLE   111,075 0 0
Fomento Economico Mexicana-SP COM 344419106 402 6,475 SH   SOLE   6,475 0 0
Fortive Corp COM 34959J108 5,154 76,175 SH   SOLE   76,175 0 0
Four Corners Property Trust In COM 35086T109 1,133 46,424 SH   SOLE   46,424 0 0
Freeport-McMoRan Inc COM 35671D857 156 13,500 SH   SOLE   13,500 0 0
Galapagos NV COM 36315X101 691 3,500 SH   SOLE   3,500 0 0
Gaming and Leisure Properties COM 36467J108 3,574 103,301 SH   SOLE   103,301 0 0
General Electric Co. COM 369604103 4,790 701,375 SH   SOLE   701,375 0 0
General Motors Inc COM 37045V100 2,746 108,545 SH   SOLE   108,545 0 0
Getinge AB COM 37427X104 621 33,475 SH   SOLE   33,475 0 0
Gilead Science Inc COM 375558103 7,385 95,990 SH   SOLE   95,990 0 0
GlaxoSmithKline plc ADR COM 37733W105 1,825 44,750 SH   SOLE   44,750 0 0
Global Payments Inc. COM 37940X102 10,601 62,497 SH   SOLE   62,497 0 0
Goldman Sachs Group COM 38141G104 10,474 53,000 SH   SOLE   53,000 0 0
Grifols SA ADR COM 398438408 395 21,650 SH   SOLE   21,650 0 0
Halliburton Co. COM 406216101 1,609 123,995 SH   SOLE   123,995 0 0
Healthpeak Properties Inc COM 42250P103 825 29,940 SH   SOLE   29,940 0 0
Hitachi Ltd. ADR COM 433578507 543 8,600 SH   SOLE   8,600 0 0
Hologic Inc COM 436440101 1,140 20,000 SH   SOLE   20,000 0 0
Home Depot, Inc. COM 437076102 29,208 116,595 SH   SOLE   116,595 0 0
Honda Motor Co Ltd. ADR COM 438128308 1,204 47,100 SH   SOLE   47,100 0 0
Honeywell International, Inc. COM 438516106 15,354 106,190 SH   SOLE   106,190 0 0
Host Hotels & Resorts Inc. COM 44107P104 4,638 429,805 SH   SOLE   429,805 0 0
HP Inc COM 40434L105 290 16,650 SH   SOLE   16,650 0 0
HSBC Holdings ADR COM 404280406 299 12,800 SH   SOLE   12,800 0 0
Icahn Enterprises LP COM 451100101 268 5,550 SH   SOLE   5,550 0 0
Icon PLC ADR COM G4705A100 1,129 6,700 SH   SOLE   6,700 0 0
Infineon Technologies ADR COM 45662N103 863 36,825 SH   SOLE   36,825 0 0
Infosys Ltd ADR COM 456788108 2,589 268,000 SH   SOLE   268,000 0 0
Ingenico Group COM 45684W107 589 18,475 SH   SOLE   18,475 0 0
Insulet Corp COM 45784P101 9,830 50,600 SH   SOLE   50,600 0 0
Intel Corp. COM 458140100 19,987 334,055 SH   SOLE   334,055 0 0
International Business Machine COM 459200101 2,544 21,062 SH   SOLE   21,062 0 0
Intesa Sanpaolo ADR COM 46115H107 125 10,899 SH   SOLE   10,899 0 0
Intuitive Surgical, Inc. COM 46120E602 10,226 17,945 SH   SOLE   17,945 0 0
Invesco Ltd COM G491BT108 710 65,960 SH   SOLE   65,960 0 0
Iqiyi Inc COM 46267X108 266 11,475 SH   SOLE   11,475 0 0
Iron Mountain Inc. COM 46284V101 5,273 202,035 SH   SOLE   202,035 0 0
Itau Unibanco Holding SA ADR COM 465562106 234 49,808 SH   SOLE   49,808 0 0
JD.com Inc COM 47215P106 7,032 116,850 SH   SOLE   116,850 0 0
Johnson & Johnson COM 478160104 26,182 186,175 SH   SOLE   186,175 0 0
JOYY Inc COM 46591m109 390 4,400 SH   SOLE   4,400 0 0
JPMorgan Chase & Co. COM 46625H100 27,744 294,956 SH   SOLE   294,956 0 0
Kellogg Co. COM 487836108 2,419 36,620 SH   SOLE   36,620 0 0
Kimco Realty Corp. COM 49446R109 558 43,475 SH   SOLE   43,475 0 0
Kinder Morgan Inc. COM 49456B101 1,349 88,957 SH   SOLE   88,957 0 0
Kingfisher PLC ADR COM 495724403 142 26,000 SH   SOLE   26,000 0 0
Kirin Holdings Co ADR COM 497350306 647 30,700 SH   SOLE   30,700 0 0
KKR & Co Inc COM 48251w104 485 15,700 SH   SOLE   15,700 0 0
Koninklijke Ahold Delhaize NV COM 500467501 382 14,003 SH   SOLE   14,003 0 0
Koninklijke Philips NV ADR COM 500472303 398 8,500 SH   SOLE   8,500 0 0
Korea Electric Power Corp COM 500631106 248 31,075 SH   SOLE   31,075 0 0
Kraft Heinz Co The COM 500754106 589 18,466 SH   SOLE   18,466 0 0
Kroger Co COM 501044101 7,153 211,300 SH   SOLE   211,300 0 0
Kubota Corp-Spon ADR COM 501173207 332 4,450 SH   SOLE   4,450 0 0
Lamar Advertising Co COM 512816109 684 10,250 SH   SOLE   10,250 0 0
Las Vegas Sands COM 517834107 213 4,675 SH   SOLE   4,675 0 0
Lilly (Eli) & Co. COM 532457108 20,452 124,570 SH   SOLE   124,570 0 0
Logitech International SA ADR COM H50430232 2,473 37,920 SH   SOLE   37,920 0 0
Lowe's Co. COM 548661107 10,093 74,700 SH   SOLE   74,700 0 0
Lyondellbassel Industries N.V. COM N53745100 2,280 34,700 SH   SOLE   34,700 0 0
Macerich Co. COM 554382101 169 18,807 SH   SOLE   18,807 0 0
Mack-Cali Realty Corp. COM 554489104 183 12,000 SH   SOLE   12,000 0 0
Marathon Petroleum Corp. COM 56585A102 2,350 62,872 SH   SOLE   62,872 0 0
Marriott International COM 571903202 2,555 29,840 SH   SOLE   29,840 0 0
Marriott Vacation World COM 57164Y107 474 5,763 SH   SOLE   5,763 0 0
Marsh & McLennan Companies, In COM 571748102 19,902 185,360 SH   SOLE   185,360 0 0
MasterCard Inc COM 57636Q104 15,302 51,750 SH   SOLE   51,750 0 0
McCormick & Co. COM 579780206 15,175 84,585 SH   SOLE   84,585 0 0
McDonald's Corp. COM 580135101 11,419 61,900 SH   SOLE   61,900 0 0
Mckesson HBOC Inc. COM 58155Q103 2,205 14,370 SH   SOLE   14,370 0 0
Medtronic Inc COM G5960L103 6,404 69,835 SH   SOLE   69,835 0 0
Mercadolibre Inc ADR COM 58733R102 5,151 5,225 SH   SOLE   5,225 0 0
Merck & Co., Inc. COM 58933Y105 15,689 202,890 SH   SOLE   202,890 0 0
Metlife Inc COM 59156R108 5,079 139,085 SH   SOLE   139,085 0 0
Micron Technology Inc. COM 595112103 5,237 101,650 SH   SOLE   101,650 0 0
Microsoft Corp COM 594918104 115,695 568,498 SH   SOLE   568,498 0 0
Minerals Technologies Inc COM 603158106 2,419 51,540 SH   SOLE   51,540 0 0
Mitsubishi UFJ Financial Group COM 606822104 969 246,550 SH   SOLE   246,550 0 0
Mitsui & Co Ltd-Spons ADR COM 606827202 377 1,275 SH   SOLE   1,275 0 0
Morgan Stanley, Dean Witter, D COM 617446448 8,737 180,900 SH   SOLE   180,900 0 0
MRC Global Inc COM 55345K103 897 151,850 SH   SOLE   151,850 0 0
National Grid PLC COM 636274409 571 9,400 SH   SOLE   9,400 0 0
Netflix Inc COM 64110L106 15,041 33,055 SH   SOLE   33,055 0 0
New York Community Bancorp COM 649445103 103 10,100 SH   SOLE   10,100 0 0
Newmont Goldcorp Corp. COM 651639106 6,402 103,693 SH   SOLE   103,693 0 0
NextEra Energy Inc COM 65339F101 8,595 35,789 SH   SOLE   35,789 0 0
NICE Ltd ADR COM 653656108 1,315 6,950 SH   SOLE   6,950 0 0
Nintendo Co Ltd COM 654445303 519 9,325 SH   SOLE   9,325 0 0
Nippon Telegraph & Telephone C COM 654624105 2,649 113,600 SH   SOLE   113,600 0 0
Nisource Inc. COM 65473P105 3,404 149,680 SH   SOLE   149,680 0 0
Nokia Corp ADR COM 654902204 379 86,225 SH   SOLE   86,225 0 0
Norsk Hydro ASA ADR COM 656531605 50 18,000 SH   SOLE   18,000 0 0
Northrop Grumman Corp. COM 666807102 13,646 44,385 SH   SOLE   44,385 0 0
Novartis ADR COM 66987V109 2,664 30,500 SH   SOLE   30,500 0 0
Novo Nordisk ADR COM 670100205 3,667 56,000 SH   SOLE   56,000 0 0
Nutrien LTD COM 67077M108 2,824 87,972 SH   SOLE   87,972 0 0
NVIDIA Corp. COM 67066G104 15,367 40,450 SH   SOLE   40,450 0 0
Occidental Petroleum COM 674599105 354 19,362 SH   SOLE   19,362 0 0
Omega Healthcare Investors COM 681936100 823 27,675 SH   SOLE   27,675 0 0
Oracle Corp. COM 68389X105 12,235 221,364 SH   SOLE   221,364 0 0
Otis Worlwide Corp COM 68902V107 3,214 56,523 SH   SOLE   56,523 0 0
Outfront Media Inc COM 69007J106 184 12,950 SH   SOLE   12,950 0 0
Palo Alto Networks Inc COM 697435105 4,097 17,840 SH   SOLE   17,840 0 0
Panasonic Corp ADR COM 69832A205 542 62,200 SH   SOLE   62,200 0 0
Parsley Energy Inc COM 701877102 867 81,185 SH   SOLE   81,185 0 0
PayPal Holdings Inc COM 70450Y103 18,913 108,550 SH   SOLE   108,550 0 0
Peloton Interactive Inc COM 70614W100 8,279 143,315 SH   SOLE   143,315 0 0
PepsiCo, Inc. COM 713448108 14,234 107,640 SH   SOLE   107,640 0 0
Pfizer, Inc. COM 717081103 14,996 458,587 SH   SOLE   458,587 0 0
Philip Morris International In COM 718172109 1,716 24,500 SH   SOLE   24,500 0 0
Phillips 66 COM 718546104 597 8,300 SH   SOLE   8,300 0 0
Plains All American Pipeline L COM 726503105 105 11,865 SH   SOLE   11,865 0 0
PNC Financial Services Group COM 693475105 8,725 82,934 SH   SOLE   82,934 0 0
PPG Industries, Inc. COM 693506107 705 6,650 SH   SOLE   6,650 0 0
PPL Corp. COM 69351T106 2,124 82,180 SH   SOLE   82,180 0 0
Prada SPA ADR COM 73942H100 216 31,100 SH   SOLE   31,100 0 0
Principal Financial Group COM 74251V102 4,699 113,190 SH   SOLE   113,190 0 0
Procter & Gamble Inc COM 742718109 29,366 245,600 SH   SOLE   245,600 0 0
Prologis Trust COM 74340W103 15,197 162,833 SH   SOLE   162,833 0 0
Prudential Financial, Inc. COM 744320102 3,081 50,595 SH   SOLE   50,595 0 0
PTC Inc COM 69370C100 4,525 58,164 SH   SOLE   58,164 0 0
Public Service Enterprise Grou COM 744573106 914 18,600 SH   SOLE   18,600 0 0
Qualcomm Inc. COM 747525103 8,001 87,724 SH   SOLE   87,724 0 0
Quest Diagnostics Inc COM 74834L100 1,236 10,850 SH   SOLE   10,850 0 0
Raytheon Technologies Corp COM 75513E101 6,966 113,050 SH   SOLE   113,050 0 0
Regions Financial Corp. COM 7591EP100 207 18,610 SH   SOLE   18,610 0 0
Repsol SA ADR COM 76026T205 93 10,600 SH   SOLE   10,600 0 0
Rexnord Corp COM 76169B102 3,664 125,710 SH   SOLE   125,710 0 0
RingCentral Inc COM 76680R206 13,301 46,667 SH   SOLE   46,667 0 0
Roche Holdings Ltd-Spons ADR COM 771195104 1,148 26,500 SH   SOLE   26,500 0 0
Roper Technologies, Inc COM 776696106 5,533 14,250 SH   SOLE   14,250 0 0
Royal Dutch Shell PLC ADR COM 780259206 816 24,950 SH   SOLE   24,950 0 0
Sabra Health Care REIT Inc COM 78573L106 162 11,201 SH   SOLE   11,201 0 0
Salesforce.com Inc COM 79466L302 11,861 63,314 SH   SOLE   63,314 0 0
Sanofi ADR COM 80105N105 1,819 35,600 SH   SOLE   35,600 0 0
Santos Ltd ADR COM 803021807 163 44,800 SH   SOLE   44,800 0 0
SAP SE COM 803054204 2,646 18,900 SH   SOLE   18,900 0 0
Schlumberger Ltd. COM 806857108 2,957 160,821 SH   SOLE   160,821 0 0
Schneider Electric SE ADR COM 80687P106 461 20,775 SH   SOLE   20,775 0 0
Seagate Technology COM G7945M107 445 9,200 SH   SOLE   9,200 0 0
Sealed Air Corp. COM 81211K100 2,331 70,950 SH   SOLE   70,950 0 0
Sensata Technologies Holding P COM g8060n102 412 11,075 SH   SOLE   11,075 0 0
Servicenow Inc COM 81762P102 11,613 28,671 SH   SOLE   28,671 0 0
SFL Corp Ltd COM g7738w106 171 18,400 SH   SOLE   18,400 0 0
Simon Property Group, Inc. COM 828806109 765 11,186 SH   SOLE   11,186 0 0
Singapore Telecom-SP ADR COM 82929R304 536 30,400 SH   SOLE   30,400 0 0
Splunk Inc COM 848637104 7,610 38,301 SH   SOLE   38,301 0 0
Starbucks Corp. COM 855244109 8,116 110,290 SH   SOLE   110,290 0 0
STMicroelect4ronics NV COM 861012102 963 35,150 SH   SOLE   35,150 0 0
Subsea 7 Sa ADR COM 864323100 150 23,900 SH   SOLE   23,900 0 0
Sun Hung Kai Prop Ltd COM 86676H302 316 24,775 SH   SOLE   24,775 0 0
Swisscom AG ADR COM 871013108 361 6,900 SH   SOLE   6,900 0 0
T Mobile US Inc COM 872590104 6,466 61,975 SH   SOLE   61,975 0 0
Taiwan Semiconductor Manufactu COM 874039100 2,967 52,271 SH   SOLE   52,271 0 0
Take-Two Interactive Software COM 874054109 4,750 34,030 SH   SOLE   34,030 0 0
Target Corp. COM 87612E106 10,951 91,315 SH   SOLE   91,315 0 0
TC Energy Corp COM 87807b107 583 13,605 SH   SOLE   13,605 0 0
TDK Corp. ADR COM 872351408 346 3,500 SH   SOLE   3,500 0 0
Telenor ASA ADR COM 87944W105 353 24,300 SH   SOLE   24,300 0 0
Tencent Holdings LTD-UNS ADR COM 88032Q109 851 13,225 SH   SOLE   13,225 0 0
Texas Instruments COM 882508104 4,072 32,057 SH   SOLE   32,057 0 0
The Travelers Companies, Inc. COM 89417E109 6,422 56,306 SH   SOLE   56,306 0 0
Thermo Fisher Scientific Inc COM 883556102 22,338 61,650 SH   SOLE   61,650 0 0
Thomson Reuters Corp COM 884903709 791 11,642 SH   SOLE   11,642 0 0
Tokio Marine Holdings Inc ADR COM 889094108 958 22,000 SH   SOLE   22,000 0 0
Total SA ADR COM 89151E109 1,192 31,000 SH   SOLE   31,000 0 0
Toyota Motor Corp. ADR COM 892331307 3,226 25,675 SH   SOLE   25,675 0 0
Tractor Supply Company COM 892356106 3,361 25,500 SH   SOLE   25,500 0 0
TRIP.COM Group LTD-ADR COM 89677Q107 290 11,200 SH   SOLE   11,200 0 0
Truist Financial Corp COM 89832Q109 3,225 85,890 SH   SOLE   85,890 0 0
Tupperware Brands Corp COM 899896104 73 15,300 SH   SOLE   15,300 0 0
U.S. Bancorp COM 902973304 5,900 160,242 SH   SOLE   160,242 0 0
Uber Technologies Inc COM 90353T100 3,982 128,115 SH   SOLE   128,115 0 0
UBS Group AG COM H42097107 313 27,120 SH   SOLE   27,120 0 0
Ulta Beauty Inc COM 90384S303 3,908 19,210 SH   SOLE   19,210 0 0
Unilever PLC ADR COM 904767704 1,863 33,940 SH   SOLE   33,940 0 0
Union Pacific COM 907818108 9,823 58,100 SH   SOLE   58,100 0 0
United Health Group Inc. COM 91324P102 24,348 82,550 SH   SOLE   82,550 0 0
United Parcel Services Cl B COM 911312106 6,740 60,620 SH   SOLE   60,620 0 0
Unum Group COM 91529y106 578 35,920 SH   SOLE   35,920 0 0
Valero Energy Corp. COM 91913Y100 2,440 41,475 SH   SOLE   41,475 0 0
Verizon Communications Inc COM 92343V104 13,135 238,248 SH   SOLE   238,248 0 0
Vertex Pharmaceuticals Inc COM 92532F100 8,136 28,025 SH   SOLE   28,025 0 0
Visa Inc COM 92826C839 20,257 104,865 SH   SOLE   104,865 0 0
Vulcan Materials COM 929160109 2,799 24,160 SH   SOLE   24,160 0 0
Walgreens Boots Alliance Inc COM 931427108 3,914 92,305 SH   SOLE   92,305 0 0
Walmart Stores Inc COM 931142103 15,945 133,120 SH   SOLE   133,120 0 0
Walt Disney Co. COM 254687106 15,068 135,125 SH   SOLE   135,125 0 0
Weatherford International PL COM G48833118 140 73,566 SH   SOLE   73,566 0 0
Wells Fargo Co. COM 949746101 8,031 313,730 SH   SOLE   313,730 0 0
Welltower Inc COM 95040Q104 1,431 27,655 SH   SOLE   27,655 0 0
Western Digital COM 958102105 1,414 31,999 SH   SOLE   31,999 0 0
Westpac Banking Corp. Ltd ADR COM 961214301 1,720 137,500 SH   SOLE   137,500 0 0
Williams Cos. COM 969457100 552 29,000 SH   SOLE   29,000 0 0
WNS Holdings LTD COM 92932M101 6,332 115,175 SH   SOLE   115,175 0 0
WPP PLC ADR COM 92937A102 211 5,400 SH   SOLE   5,400 0 0
Wright Medical Group NV COM N96617118 554 18,650 SH   SOLE   18,650 0 0
Yum China Holdings Inc COM 98850P109 766 15,925 SH   SOLE   15,925 0 0
Zoetis COM 98978V103 10,620 77,495 SH   SOLE   77,495 0 0
Zscaler Inc COM 98980G102 4,197 38,330 SH   SOLE   38,330 0 0
Wisdomtree Emerging Markets Hi COM 97717W315 609 16,900 SH   SOLE   16,900 0 0
Bristol-Myers Squibb-Cvr COM 110122157 310 86,545 SH   SOLE   86,545 0 0
T-Mobile Inc-R Equity COM 872590112 10 61,975 SH   SOLE   61,975 0 0