# EDGAR Filing Document

**Accession Number:** 0001343916
**File Stem:** 0001343916-25-000002
**Filing Date:** 2025-7
**Character Count:** 16474
**Document Hash:** da3fdb81f098d6ac8a9fd7406933bc8f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001343916-25-000002.hdr.sgml**: 20250715

**ACCESSION NUMBER**: 0001343916-25-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250715

**DATE AS OF CHANGE**: 20250715

**EFFECTIVENESS DATE**: 20250715

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMS Capital Management
- **CENTRAL INDEX KEY:** 0001343916

**ORGANIZATION NAME:**
- **EIN:** 930976985
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11531
- **FILM NUMBER:** 251124626

**BUSINESS ADDRESS:**
- **STREET 1:** 8995 SE OTTY ROAD
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97086
- **BUSINESS PHONE:** 503-788-4200

**MAIL ADDRESS:**
- **STREET 1:** 8995 SE OTTY ROAD
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97086

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** IMS Capital Management<br>**Address:** 8995 SE OTTY ROAD<br>PORTLAND, OR 97086

**Form 13F File Number:** 028-11531

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Adam Gladstone<br>**Title:** CFO<br>**Phone:** 503-788-4200

**Signature, Place, and Date of Signing:**

Adam Gladstone  Portland, OR  07-15-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 134

**Form 13F Information Table Value Total:** $198348591

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 1196244 | 9018 | SH |  | SOLE | 0 | 0 | 0 | 9018 |
| ABBVIE INC | COM | 00287Y109 |  | 1811133 | 8644 | SH |  | SOLE | 0 | 0 | 0 | 8644 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 565173 | 5501 | SH |  | SOLE | 0 | 0 | 0 | 5501 |
| ALLSTATE CORP | COM | 020002101 |  | 300252 | 1450 | SH |  | SOLE | 0 | 0 | 0 | 1450 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 5339941 | 34180 | SH |  | SOLE | 0 | 16000 | 0 | 18180 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2073912 | 13411 | SH |  | SOLE | 0 | 0 | 0 | 13411 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 313424 | 5222 | SH |  | SOLE | 0 | 4100 | 0 | 1122 |
| AMAZON COM INC | COM | 023135106 |  | 9629439 | 50612 | SH |  | SOLE | 0 | 14560 | 0 | 36052 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 217600 | 1000 | SH |  | SOLE | 0 | 1000 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 502310 | 3405 | SH |  | SOLE | 0 | 0 | 0 | 3405 |
| AMGEN INC | COM | 031162100 |  | 494572 | 1587 | SH |  | SOLE | 0 | 0 | 0 | 1587 |
| APPLE INC | COM | 037833100 |  | 12896083 | 58056 | SH |  | SOLE | 0 | 10000 | 0 | 48056 |
| AT INC | COM | 00206R102 |  | 239079 | 8454 | SH |  | SOLE | 0 | 0 | 0 | 8454 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 2986862 | 9776 | SH |  | SOLE | 0 | 0 | 0 | 9776 |
| AUTOZONE INC | COM | 053332102 |  | 571917 | 150 | SH |  | SOLE | 0 | 0 | 0 | 150 |
| AVISTA CORP | COM | 05379B107 |  | 320700 | 7659 | SH |  | SOLE | 0 | 0 | 0 | 7659 |
| BANK AMERICA CORP | COM | 060505104 |  | 1814867 | 43491 | SH |  | SOLE | 0 | 27900 | 0 | 15591 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5078363 | 9535 | SH |  | SOLE | 0 | 0 | 0 | 9535 |
| BLACKROCK INC | COM | 09290D101 |  | 1290476 | 1363 | SH |  | SOLE | 0 | 0 | 0 | 1363 |
| BOEING CO | COM | 097023105 |  | 1177475 | 6904 | SH |  | SOLE | 0 | 0 | 0 | 6904 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 289317 | 4744 | SH |  | SOLE | 0 | 0 | 0 | 4744 |
| BROADCOM INC | COM | 11135F101 |  | 1970672 | 11770 | SH |  | SOLE | 0 | 11500 | 0 | 270 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 411992 | 5868 | SH |  | SOLE | 0 | 0 | 0 | 5868 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 269847 | 1505 | SH |  | SOLE | 0 | 0 | 0 | 1505 |
| CATERPILLAR INC | COM | 149123101 |  | 486455 | 1475 | SH |  | SOLE | 0 | 0 | 0 | 1475 |
| CHEVRON CORP NEW | COM | 166764100 |  | 345901 | 2068 | SH |  | SOLE | 0 | 0 | 0 | 2068 |
| CISCO SYS INC | COM | 17275R102 |  | 442497 | 7171 | SH |  | SOLE | 0 | 0 | 0 | 7171 |
| CME GROUP INC | COM | 12572Q105 |  | 1165312 | 4393 | SH |  | SOLE | 0 | 0 | 0 | 4393 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 361547 | 14497 | SH |  | SOLE | 0 | 0 | 0 | 14497 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1818547 | 17316 | SH |  | SOLE | 0 | 14100 | 0 | 3216 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3818521 | 4037 | SH |  | SOLE | 0 | 700 | 0 | 3337 |
| CREDIT SUISSE ASSET MGMT INC | COM | 224916106 |  | 385887 | 133065 | SH |  | SOLE | 0 | 0 | 0 | 133065 |
| CRH PLC | ORD | G25508105 |  | 932482 | 10600 | SH |  | SOLE | 0 | 0 | 0 | 10600 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1136365 | 3223 | SH |  | SOLE | 0 | 0 | 0 | 3223 |
| CSX CORP | COM | 126408103 |  | 329657 | 11201 | SH |  | SOLE | 0 | 0 | 0 | 11201 |
| D R HORTON INC | COM | 23331A109 |  | 577571 | 4543 | SH |  | SOLE | 0 | 0 | 0 | 4543 |
| DANAHER CORPORATION | COM | 235851102 |  | 2210535 | 10783 | SH |  | SOLE | 0 | 0 | 0 | 10783 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 343893 | 9195 | SH |  | SOLE | 0 | 0 | 0 | 9195 |
| DISNEY WALT CO | COM | 254687106 |  | 2084006 | 21115 | SH |  | SOLE | 0 | 16200 | 0 | 4915 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 437856 | 953 | SH |  | SOLE | 0 | 0 | 0 | 953 |
| DUTCH BROS INC | CL A | 26701L100 |  | 2287590 | 37052 | SH |  | SOLE | 0 | 33100 | 0 | 3952 |
| EATON CORP PLC | SHS | G29183103 |  | 232143 | 854 | SH |  | SOLE | 0 | 0 | 0 | 854 |
| ECOLAB INC | COM | 278865100 |  | 337435 | 1331 | SH |  | SOLE | 0 | 0 | 0 | 1331 |
| ELI LILLY  CO | COM | 532457108 |  | 1882265 | 2279 | SH |  | SOLE | 0 | 2000 | 0 | 279 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 667185 | 5610 | SH |  | SOLE | 0 | 0 | 0 | 5610 |
| FEDEX CORP | COM | 31428X106 |  | 219984 | 902 | SH |  | SOLE | 0 | 0 | 0 | 902 |
| FLAGSTAR FINANCIAL INC | UNIT 05/07/2051 | 64944P307 |  | 236169 | 6335 | SH |  | SOLE | 0 | 0 | 0 | 6335 |
| GE AEROSPACE | COM NEW | 369604301 |  | 326445 | 1631 | SH |  | SOLE | 0 | 0 | 0 | 1631 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 235081 | 2098 | SH |  | SOLE | 0 | 0 | 0 | 2098 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 1462230 | 133537 | SH |  | SOLE | 0 | 130000 | 0 | 3537 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 288757 | 18714 | SH |  | SOLE | 0 | 15100 | 0 | 3614 |
| HOME DEPOT INC | COM | 437076102 |  | 2269033 | 6191 | SH |  | SOLE | 0 | 0 | 0 | 6191 |
| INTEL CORP | COM | 458140100 |  | 312130 | 13744 | SH |  | SOLE | 0 | 0 | 0 | 13744 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 259104 | 1042 | SH |  | SOLE | 0 | 0 | 0 | 1042 |
| INVESCO EXCH TRADED FD TR II | S HDL VOL | 46138E362 |  | 864127 | 17203 | SH |  | SOLE | 0 | 0 | 0 | 17203 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 354475 | 756 | SH |  | SOLE | 0 | 0 | 0 | 756 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 350975 | 6015 | SH |  | SOLE | 0 | 0 | 0 | 6015 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 200538 | 2408 | SH |  | SOLE | 0 | 0 | 0 | 2408 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 508210 | 4860 | SH |  | SOLE | 0 | 0 | 0 | 4860 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 10475372 | 29010 | SH |  | SOLE | 0 | 90 | 0 | 28920 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 314759 | 3700 | SH |  | SOLE | 0 | 0 | 0 | 3700 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 3843423 | 32713 | SH |  | SOLE | 0 | 91 | 0 | 32622 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 405957 | 3735 | SH |  | SOLE | 0 | 0 | 0 | 3735 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 241341 | 5083 | SH |  | SOLE | 0 | 0 | 0 | 5083 |
| ISHARES TR | ESG MSCI LEADR | 46435U218 |  | 691078 | 7213 | SH |  | SOLE | 0 | 0 | 0 | 7213 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 581254 | 5876 | SH |  | SOLE | 0 | 0 | 0 | 5876 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 2679354 | 19952 | SH |  | SOLE | 0 | 0 | 0 | 19952 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 408840 | 7155 | SH |  | SOLE | 0 | 0 | 0 | 7155 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 977021 | 20770 | SH |  | SOLE | 0 | 0 | 0 | 20770 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 1158103 | 22874 | SH |  | SOLE | 0 | 0 | 0 | 22874 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 |  | 271234 | 5334 | SH |  | SOLE | 0 | 0 | 0 | 5334 |
| JELD-WEN HLDG INC | COM | 47580P103 |  | 4107300 | 687990 | SH |  | SOLE | 0 | 0 | 0 | 687990 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3279094 | 19773 | SH |  | SOLE | 0 | 10000 | 0 | 9773 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2405251 | 9805 | SH |  | SOLE | 0 | 0 | 0 | 9805 |
| KINSALE CAP GROUP INC | COM | 49714P108 |  | 473082 | 972 | SH |  | SOLE | 0 | 0 | 0 | 972 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1055944 | 2364 | SH |  | SOLE | 0 | 0 | 0 | 2364 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1336865 | 2439 | SH |  | SOLE | 0 | 0 | 0 | 2439 |
| MCDONALDS CORP | COM | 580135101 |  | 843784 | 2701 | SH |  | SOLE | 0 | 0 | 0 | 2701 |
| MERCK  CO INC | COM | 58933Y105 |  | 1092459 | 12171 | SH |  | SOLE | 0 | 0 | 0 | 12171 |
| META PLATFORMS INC | CL A | 30303M102 |  | 4976292 | 8634 | SH |  | SOLE | 0 | 8200 | 0 | 434 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 223742 | 2575 | SH |  | SOLE | 0 | 0 | 0 | 2575 |
| MICROSOFT CORP | COM | 594918104 |  | 8374361 | 22308 | SH |  | SOLE | 0 | 6300 | 0 | 16008 |
| MOODYS CORP | COM | 615369105 |  | 2024670 | 4348 | SH |  | SOLE | 0 | 0 | 0 | 4348 |
| NETFLIX INC | COM | 64110L106 |  | 541800 | 581 | SH |  | SOLE | 0 | 0 | 0 | 581 |
| NIKE INC | CL B | 654106103 |  | 790848 | 12458 | SH |  | SOLE | 0 | 0 | 0 | 12458 |
| NORTHWEST NAT HLDG CO | COM | 66765N105 |  | 607071 | 14210 | SH |  | SOLE | 0 | 0 | 0 | 14210 |
| NUCOR CORP | COM | 670346105 |  | 1387280 | 11528 | SH |  | SOLE | 0 | 10600 | 0 | 928 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6047912 | 55803 | SH |  | SOLE | 0 | 20000 | 0 | 35803 |
| NVR INC | COM | 62944T105 |  | 2079140 | 287 | SH |  | SOLE | 0 | 0 | 0 | 287 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 337532 | 2040 | SH |  | SOLE | 0 | 0 | 0 | 2040 |
| ORACLE CORP | COM | 68389X105 |  | 382748 | 2738 | SH |  | SOLE | 0 | 0 | 0 | 2738 |
| PAYCHEX INC | COM | 704326107 |  | 2643588 | 17135 | SH |  | SOLE | 0 | 0 | 0 | 17135 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 214803 | 3292 | SH |  | SOLE | 0 | 0 | 0 | 3292 |
| PEPSICO INC | COM | 713448108 |  | 1419870 | 9470 | SH |  | SOLE | 0 | 0 | 0 | 9470 |
| PFIZER INC | COM | 717081103 |  | 1960135 | 77353 | SH |  | SOLE | 0 | 1000 | 0 | 76353 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 307705 | 1939 | SH |  | SOLE | 0 | 1500 | 0 | 439 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 780594 | 4580 | SH |  | SOLE | 0 | 0 | 0 | 4580 |
| QUALCOMM INC | COM | 747525103 |  | 3260526 | 21226 | SH |  | SOLE | 0 | 17488 | 0 | 3738 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 226904 | 937 | SH |  | SOLE | 0 | 377 | 0 | 560 |
| RTX CORPORATION | COM | 75513E101 |  | 2116684 | 15980 | SH |  | SOLE | 0 | 14600 | 0 | 1380 |
| S GLOBAL INC | COM | 78409V104 |  | 2142357 | 4216 | SH |  | SOLE | 0 | 0 | 0 | 4216 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1111671 | 14201 | SH |  | SOLE | 0 | 11530 | 0 | 2671 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 211188 | 4240 | SH |  | SOLE | 0 | 0 | 0 | 4240 |
| SEMPRA | COM | 816851109 |  | 242624 | 3400 | SH |  | SOLE | 0 | 3400 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 560504 | 6989 | SH |  | SOLE | 0 | 1075 | 0 | 5914 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 460931 | 1320 | SH |  | SOLE | 0 | 0 | 0 | 1320 |
| SMITH A O CORP | COM | 831865209 |  | 437912 | 6700 | SH |  | SOLE | 0 | 0 | 0 | 6700 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 748300 | 2597 | SH |  | SOLE | 0 | 0 | 0 | 2597 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1019581 | 1823 | SH |  | SOLE | 0 | 0 | 0 | 1823 |
| SPDR SER TR | AEROSPACE DEF | 78464A631 |  | 230765 | 1436 | SH |  | SOLE | 0 | 0 | 0 | 1436 |
| STARBUCKS CORP | COM | 855244109 |  | 2788843 | 28431 | SH |  | SOLE | 0 | 19762 | 0 | 8669 |
| STRYKER CORPORATION | COM | 863667101 |  | 303384 | 815 | SH |  | SOLE | 0 | 0 | 0 | 815 |
| T-MOBILE US INC | COM | 872590104 |  | 400332 | 1501 | SH |  | SOLE | 0 | 0 | 0 | 1501 |
| TEXAS INSTRS INC | COM | 882508104 |  | 594662 | 3309 | SH |  | SOLE | 0 | 0 | 0 | 3309 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 529446 | 1064 | SH |  | SOLE | 0 | 0 | 0 | 1064 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 543048 | 3143 | SH |  | SOLE | 0 | 0 | 0 | 3143 |
| TJX COS INC NEW | COM | 872540109 |  | 1445830 | 11871 | SH |  | SOLE | 0 | 0 | 0 | 11871 |
| UNION PAC CORP | COM | 907818108 |  | 570756 | 2416 | SH |  | SOLE | 0 | 0 | 0 | 2416 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 227129 | 2065 | SH |  | SOLE | 0 | 0 | 0 | 2065 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1894426 | 3617 | SH |  | SOLE | 0 | 2379 | 0 | 1238 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2112013 | 50024 | SH |  | SOLE | 0 | 36000 | 0 | 14024 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3594907 | 13080 | SH |  | SOLE | 0 | 0 | 0 | 13080 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 276997 | 539 | SH |  | SOLE | 0 | 0 | 0 | 539 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1903624 | 9813 | SH |  | SOLE | 0 | 0 | 0 | 9813 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2300650 | 50720 | SH |  | SOLE | 0 | 39000 | 0 | 11720 |
| VISA INC | COM CL A | 92826C839 |  | 3715226 | 10601 | SH |  | SOLE | 0 | 0 | 0 | 10601 |
| VONTIER CORPORATION | COM | 928881101 |  | 357901 | 10895 | SH |  | SOLE | 0 | 0 | 0 | 10895 |
| WAFD INC | COM | 938824109 |  | 274768 | 9614 | SH |  | SOLE | 0 | 0 | 0 | 9614 |
| WALMART INC | COM | 931142103 |  | 1530799 | 17437 | SH |  | SOLE | 0 | 0 | 0 | 17437 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 923166 | 3988 | SH |  | SOLE | 0 | 0 | 0 | 3988 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 3501629 | 48776 | SH |  | SOLE | 0 | 43000 | 0 | 5776 |
| WISDOMTREE TR | US MIDCAP DIVID | 97717W505 |  | 1180309 | 23835 | SH |  | SOLE | 0 | 0 | 0 | 23835 |
| YUM BRANDS INC | COM | 988498101 |  | 447600 | 2844 | SH |  | SOLE | 0 | 0 | 0 | 2844 |
| ZOETIS INC | CL A | 98978V103 |  | 487035 | 2958 | SH |  | SOLE | 0 | 0 | 0 | 2958 |

---