# EDGAR Filing Document

**Accession Number:** 0001365707
**File Stem:** 0001580642-23-000225
**Filing Date:** 2023-1
**Character Count:** 32830
**Document Hash:** 7f6d027d092f129df74df2d265b48118
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-23-000225.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001580642-23-000225

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**EFFECTIVENESS DATE**: 20230113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CONTRAVISORY INVESTMENT MANAGEMENT, INC.
- **CENTRAL INDEX KEY:** 0001365707
- **IRS NUMBER:** 042506103
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11954
- **FILM NUMBER:** 23527972

**BUSINESS ADDRESS:**
- **STREET 1:** 120 LONGWATER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** NORWELL
- **STATE:** MA
- **ZIP:** 02061
- **BUSINESS PHONE:** 781-740-1786

**MAIL ADDRESS:**
- **STREET 1:** 120 LONGWATER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** NORWELL
- **STATE:** MA
- **ZIP:** 02061

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Contravisory Research & Management Corp.
- **DATE OF NAME CHANGE:** 20060609

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** CONTRAVISORY INVESTMENT MANAGEMENT INC.<br>**Address:** 120 Longwater Drive<br>Suite 100<br>Norwell, MA 02061

**Form 13F File Number:** 028-11954

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:** Philip A. Noonan<br>**Title:** COO  Secretary<br>**Phone:** 781-740-1786

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

/s/ Philip A. Noonan  Norwell, MA  01-12-2023<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:** 310

**Form 13F Information Table Value Total:** $360658308

      (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 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 6304475 | 25410 | SH |  | SOLE |  | 0 | 0 | 25410 |
| MCDONALDS CORP | COM | 580135101 |  | 685969 | 2603 | SH |  | SOLE |  | 0 | 0 | 2603 |
| PRESTIGE CONSMR HEALTHCARE I | COM | 74112D101 |  | 257098 | 4107 | SH |  | SOLE |  | 0 | 0 | 4107 |
| VERRA MOBILITY CORP | CL A COM STK | 92511U102 |  | 192168 | 13895 | SH |  | SOLE |  | 0 | 0 | 13895 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 425615 | 2713 | SH |  | SOLE |  | 0 | 0 | 2713 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 411174 | 8364 | SH |  | SOLE |  | 0 | 0 | 8364 |
| WESTLAKE CORPORATION | COM | 960413102 |  | 6743030 | 65760 | SH |  | SOLE |  | 0 | 0 | 65760 |
| FASTENAL CO | COM | 311900104 |  | 379364 | 8017 | SH |  | SOLE |  | 0 | 0 | 8017 |
| HASBRO INC | COM | 418056107 |  | 7016 | 115 | SH |  | SOLE |  | 0 | 0 | 115 |
| LIBERTY ENERGY INC | COM CL A | 53115L104 |  | 5908 | 369 | SH |  | SOLE |  | 0 | 0 | 369 |
| NISOURCE INC | COM | 65473P105 |  | 392243 | 14305 | SH |  | SOLE |  | 0 | 0 | 14305 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 6570824 | 98587 | SH |  | SOLE |  | 0 | 0 | 98587 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 6827118 | 13309 | SH |  | SOLE |  | 0 | 0 | 13309 |
| KELLOGG CO | COM | 487836108 |  | 422239 | 5927 | SH |  | SOLE |  | 0 | 0 | 5927 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 616858 | 3840 | SH |  | SOLE |  | 0 | 0 | 3840 |
| QUANTA SVCS INC | COM | 74762E102 |  | 701100 | 4920 | SH |  | SOLE |  | 0 | 0 | 4920 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 570557 | 8093 | SH |  | SOLE |  | 0 | 0 | 8093 |
| FIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 33739Q200 |  | 10525 | 222 | SH |  | SOLE |  | 0 | 0 | 222 |
| BANK MONTREAL QUE | COM | 063671101 |  | 86342 | 953 | SH |  | SOLE |  | 0 | 0 | 953 |
| MGE ENERGY INC | COM | 55277P104 |  | 4083 | 58 | SH |  | SOLE |  | 0 | 0 | 58 |
| STARBUCKS CORP | COM | 855244109 |  | 137888 | 1390 | SH |  | SOLE |  | 0 | 0 | 1390 |
| PROSHARES TR | SHORT QQQ NEW | 74347B714 |  | 104644 | 7109 | SH |  | SOLE |  | 0 | 0 | 7109 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 149174 | 3936 | SH |  | SOLE |  | 0 | 0 | 3936 |
| LILLY ELI  CO | COM | 532457108 |  | 8795159 | 24041 | SH |  | SOLE |  | 0 | 0 | 24041 |
| HENRY SCHEIN INC | COM | 806407102 |  | 504938 | 6322 | SH |  | SOLE |  | 0 | 0 | 6322 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 66180 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 336510 | 4677 | SH |  | SOLE |  | 0 | 0 | 4677 |
| HALLIBURTON CO | COM | 406216101 |  | 10331933 | 262565 | SH |  | SOLE |  | 0 | 0 | 262565 |
| BROWN  BROWN INC | COM | 115236101 |  | 506065 | 8883 | SH |  | SOLE |  | 0 | 0 | 8883 |
| FULLER H B CO | COM | 359694106 |  | 265639 | 3709 | SH |  | SOLE |  | 0 | 0 | 3709 |
| AVNET INC | COM | 053807103 |  | 253929 | 6107 | SH |  | SOLE |  | 0 | 0 | 6107 |
| MICROSOFT CORP | COM | 594918104 |  | 1879469 | 7837 | SH |  | SOLE |  | 0 | 0 | 7837 |
| CLOROX CO DEL | COM | 189054109 |  | 366963 | 2615 | SH |  | SOLE |  | 0 | 0 | 2615 |
| COMERICA INC | COM | 200340107 |  | 401835 | 6011 | SH |  | SOLE |  | 0 | 0 | 6011 |
| GLOBE LIFE INC | COM | 37959E102 |  | 702204 | 5825 | SH |  | SOLE |  | 0 | 0 | 5825 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 134893 | 1084 | SH |  | SOLE |  | 0 | 0 | 1084 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 6674967 | 40337 | SH |  | SOLE |  | 0 | 0 | 40337 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 471493 | 3859 | SH |  | SOLE |  | 0 | 0 | 3859 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 470509 | 9788 | SH |  | SOLE |  | 0 | 0 | 9788 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 274727 | 5695 | SH |  | SOLE |  | 0 | 0 | 5695 |
| ANALOG DEVICES INC | COM | 032654105 |  | 145987 | 890 | SH |  | SOLE |  | 0 | 0 | 890 |
| FMC CORP | COM NEW | 302491303 |  | 503568 | 4035 | SH |  | SOLE |  | 0 | 0 | 4035 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 411130 | 7980 | SH |  | SOLE |  | 0 | 0 | 7980 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 702 | 74 | SH |  | SOLE |  | 0 | 0 | 74 |
| COMFORT SYS USA INC | COM | 199908104 |  | 6329 | 55 | SH |  | SOLE |  | 0 | 0 | 55 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 136711 | 414 | SH |  | SOLE |  | 0 | 0 | 414 |
| RUSH ENTERPRISES INC | CL A | 781846209 |  | 4914 | 94 | SH |  | SOLE |  | 0 | 0 | 94 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 10474 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| FOOT LOCKER INC | COM | 344849104 |  | 5480 | 145 | SH |  | SOLE |  | 0 | 0 | 145 |
| FORTIVE CORP | COM | 34959J108 |  | 169620 | 2640 | SH |  | SOLE |  | 0 | 0 | 2640 |
| WABTEC | COM | 929740108 |  | 603451 | 6046 | SH |  | SOLE |  | 0 | 0 | 6046 |
| COTERRA ENERGY INC | COM | 127097103 |  | 374177 | 15229 | SH |  | SOLE |  | 0 | 0 | 15229 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 389608 | 5117 | SH |  | SOLE |  | 0 | 0 | 5117 |
| J  J SNACK FOODS CORP | COM | 466032109 |  | 228907 | 1529 | SH |  | SOLE |  | 0 | 0 | 1529 |
| SHELL PLC | SPON ADS | 780259305 |  | 122329 | 2148 | SH |  | SOLE |  | 0 | 0 | 2148 |
| SANMINA CORPORATION | COM | 801056102 |  | 7161 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| RAMBUS INC DEL | COM | 750917106 |  | 362176 | 10111 | SH |  | SOLE |  | 0 | 0 | 10111 |
| HEXCEL CORP NEW | COM | 428291108 |  | 226749 | 3853 | SH |  | SOLE |  | 0 | 0 | 3853 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 548400 | 7212 | SH |  | SOLE |  | 0 | 0 | 7212 |
| IDACORP INC | COM | 451107106 |  | 234035 | 2170 | SH |  | SOLE |  | 0 | 0 | 2170 |
| ISHARES INC | MSCI THAILND ETF | 464286624 |  | 167974 | 2234 | SH |  | SOLE |  | 0 | 0 | 2234 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 33920 | 517 | SH |  | SOLE |  | 0 | 0 | 517 |
| BELDEN INC | COM | 077454106 |  | 6471 | 90 | SH |  | SOLE |  | 0 | 0 | 90 |
| T-MOBILE US INC | COM | 872590104 |  | 4953900 | 35385 | SH |  | SOLE |  | 0 | 0 | 35385 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 448832 | 1453 | SH |  | SOLE |  | 0 | 0 | 1453 |
| BP PLC | SPONSORED ADR | 055622104 |  | 127110 | 3639 | SH |  | SOLE |  | 0 | 0 | 3639 |
| GARTNER INC | COM | 366651107 |  | 383536 | 1141 | SH |  | SOLE |  | 0 | 0 | 1141 |
| HOSTESS BRANDS INC | CL A | 44109J106 |  | 233556 | 10408 | SH |  | SOLE |  | 0 | 0 | 10408 |
| ONEOK INC NEW | COM | 682680103 |  | 6465603 | 98411 | SH |  | SOLE |  | 0 | 0 | 98411 |
| TEXTRON INC | COM | 883203101 |  | 526327 | 7434 | SH |  | SOLE |  | 0 | 0 | 7434 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 445623 | 4867 | SH |  | SOLE |  | 0 | 0 | 4867 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 2993 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| ATI INC | COM | 01741R102 |  | 6241 | 209 | SH |  | SOLE |  | 0 | 0 | 209 |
| M  T BK CORP | COM | 55261F104 |  | 309413 | 2133 | SH |  | SOLE |  | 0 | 0 | 2133 |
| ISHARES INC | MSCI SWITZERLAND | 464286749 |  | 316865 | 7557 | SH |  | SOLE |  | 0 | 0 | 7557 |
| KOSMOS ENERGY LTD | COM | 500688106 |  | 5444 | 856 | SH |  | SOLE |  | 0 | 0 | 856 |
| AEROJET ROCKETDYNE HLDGS INC | COM | 007800105 |  | 321933 | 5756 | SH |  | SOLE |  | 0 | 0 | 5756 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 10688097 | 199927 | SH |  | SOLE |  | 0 | 0 | 199927 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 |  | 264518 | 1708 | SH |  | SOLE |  | 0 | 0 | 1708 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 5994856 | 44161 | SH |  | SOLE |  | 0 | 0 | 44161 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 8130656 | 5625 | SH |  | SOLE |  | 0 | 0 | 5625 |
| KLA CORP | COM NEW | 482480100 |  | 690719 | 1832 | SH |  | SOLE |  | 0 | 0 | 1832 |
| HESS CORP | COM | 42809H107 |  | 272578 | 1922 | SH |  | SOLE |  | 0 | 0 | 1922 |
| PRICESMART INC | COM | 741511109 |  | 3951 | 65 | SH |  | SOLE |  | 0 | 0 | 65 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 23200 | 464 | SH |  | SOLE |  | 0 | 0 | 464 |
| AXONICS INC | COM | 05465P101 |  | 4502 | 72 | SH |  | SOLE |  | 0 | 0 | 72 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 549385 | 6148 | SH |  | SOLE |  | 0 | 0 | 6148 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 120503 | 2511 | SH |  | SOLE |  | 0 | 0 | 2511 |
| PUBLIC STORAGE | COM | 74460D109 |  | 408237 | 1457 | SH |  | SOLE |  | 0 | 0 | 1457 |
| CHEVRON CORP NEW | COM | 166764100 |  | 601471 | 3351 | SH |  | SOLE |  | 0 | 0 | 3351 |
| AFLAC INC | COM | 001055102 |  | 6947677 | 96576 | SH |  | SOLE |  | 0 | 0 | 96576 |
| MERCK  CO INC | COM | 58933Y105 |  | 8724220 | 78632 | SH |  | SOLE |  | 0 | 0 | 78632 |
| FIRSTENERGY CORP | COM | 337932107 |  | 365801 | 8722 | SH |  | SOLE |  | 0 | 0 | 8722 |
| PATTERSON COS INC | COM | 703395103 |  | 216420 | 7721 | SH |  | SOLE |  | 0 | 0 | 7721 |
| CORVEL CORP | COM | 221006109 |  | 229331 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 195822 | 3960 | SH |  | SOLE |  | 0 | 0 | 3960 |
| HAEMONETICS CORP MASS | COM | 405024100 |  | 6371 | 81 | SH |  | SOLE |  | 0 | 0 | 81 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 249227 | 4003 | SH |  | SOLE |  | 0 | 0 | 4003 |
| US BANCORP DEL | COM NEW | 902973304 |  | 6760 | 155 | SH |  | SOLE |  | 0 | 0 | 155 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 7362685 | 95781 | SH |  | SOLE |  | 0 | 0 | 95781 |
| CF INDS HLDGS INC | COM | 125269100 |  | 870914 | 10222 | SH |  | SOLE |  | 0 | 0 | 10222 |
| INVESCO INDIA EXCHANGE-TRADE | INDIA ETF | 46137R109 |  | 152862 | 7180 | SH |  | SOLE |  | 0 | 0 | 7180 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 7587207 | 16175 | SH |  | SOLE |  | 0 | 0 | 16175 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3428 | 87 | SH |  | SOLE |  | 0 | 0 | 87 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 3120 | 17 | SH |  | SOLE |  | 0 | 0 | 17 |
| GENUINE PARTS CO | COM | 372460105 |  | 746267 | 4301 | SH |  | SOLE |  | 0 | 0 | 4301 |
| AUTOZONE INC | COM | 053332102 |  | 616545 | 250 | SH |  | SOLE |  | 0 | 0 | 250 |
| HOLOGIC INC | COM | 436440101 |  | 145655 | 1947 | SH |  | SOLE |  | 0 | 0 | 1947 |
| CHUBB LIMITED | COM | H1467J104 |  | 411198 | 1864 | SH |  | SOLE |  | 0 | 0 | 1864 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 118099 | 267 | SH |  | SOLE |  | 0 | 0 | 267 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 531275 | 3047 | SH |  | SOLE |  | 0 | 0 | 3047 |
| APA CORPORATION | COM | 03743Q108 |  | 978693 | 20966 | SH |  | SOLE |  | 0 | 0 | 20966 |
| FIRST BANCORP P R | COM NEW | 318672706 |  | 4897 | 385 | SH |  | SOLE |  | 0 | 0 | 385 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 71781 | 1386 | SH |  | SOLE |  | 0 | 0 | 1386 |
| NETSCOUT SYS INC | COM | 64115T104 |  | 5267 | 162 | SH |  | SOLE |  | 0 | 0 | 162 |
| NETFLIX INC | COM | 64110L106 |  | 885 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 337166 | 2282 | SH |  | SOLE |  | 0 | 0 | 2282 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 226131 | 4153 | SH |  | SOLE |  | 0 | 0 | 4153 |
| NOV INC | COM | 62955J103 |  | 261626 | 12524 | SH |  | SOLE |  | 0 | 0 | 12524 |
| PROGRESSIVE CORP | COM | 743315103 |  | 389130 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| INDEPENDENT BANK GROUP INC | COM | 45384B106 |  | 4025 | 67 | SH |  | SOLE |  | 0 | 0 | 67 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 432529 | 4048 | SH |  | SOLE |  | 0 | 0 | 4048 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 22825 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 19529 | 331 | SH |  | SOLE |  | 0 | 0 | 331 |
| CAMPBELL SOUP CO | COM | 134429109 |  | 711305 | 12534 | SH |  | SOLE |  | 0 | 0 | 12534 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 7208428 | 38447 | SH |  | SOLE |  | 0 | 0 | 38447 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 203097 | 1126 | SH |  | SOLE |  | 0 | 0 | 1126 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 91858 | 977 | SH |  | SOLE |  | 0 | 0 | 977 |
| BOEING CO | COM | 097023105 |  | 134295 | 705 | SH |  | SOLE |  | 0 | 0 | 705 |
| DIREXION SHS ETF TR | DLY S BR 1X | 25460E869 |  | 574218 | 34780 | SH |  | SOLE |  | 0 | 0 | 34780 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 9170523 | 17297 | SH |  | SOLE |  | 0 | 0 | 17297 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 1032753 | 16790 | SH |  | SOLE |  | 0 | 0 | 16790 |
| YUM BRANDS INC | COM | 988498101 |  | 142681 | 1114 | SH |  | SOLE |  | 0 | 0 | 1114 |
| OPTION CARE HEALTH INC | COM NEW | 68404L201 |  | 278092 | 9242 | SH |  | SOLE |  | 0 | 0 | 9242 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 281436 | 3743 | SH |  | SOLE |  | 0 | 0 | 3743 |
| MCKESSON CORP | COM | 58155Q103 |  | 11866546 | 31634 | SH |  | SOLE |  | 0 | 0 | 31634 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 356765 | 1337 | SH |  | SOLE |  | 0 | 0 | 1337 |
| SOUTHERN CO | COM | 842587107 |  | 6120623 | 85711 | SH |  | SOLE |  | 0 | 0 | 85711 |
| COCA COLA CO | COM | 191216100 |  | 366139 | 5756 | SH |  | SOLE |  | 0 | 0 | 5756 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 3514 | 11 | SH |  | SOLE |  | 0 | 0 | 11 |
| TERADATA CORP DEL | COM | 88076W103 |  | 11916 | 354 | SH |  | SOLE |  | 0 | 0 | 354 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 5317138 | 377102 | SH |  | SOLE |  | 0 | 0 | 377102 |
| PTC INC | COM | 69370C100 |  | 134325 | 1119 | SH |  | SOLE |  | 0 | 0 | 1119 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 |  | 337659 | 11013 | SH |  | SOLE |  | 0 | 0 | 11013 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 583005 | 6279 | SH |  | SOLE |  | 0 | 0 | 6279 |
| CHIMERA INVT CORP | COM NEW | 16934Q208 |  | 13376 | 2432 | SH |  | SOLE |  | 0 | 0 | 2432 |
| TC ENERGY CORP | COM | 87807B107 |  | 11958 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 7546268 | 194994 | SH |  | SOLE |  | 0 | 0 | 194994 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 628704 | 3794 | SH |  | SOLE |  | 0 | 0 | 3794 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 72051 | 1431 | SH |  | SOLE |  | 0 | 0 | 1431 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 4387 | 216 | SH |  | SOLE |  | 0 | 0 | 216 |
| ABM INDS INC | COM | 000957100 |  | 4797 | 108 | SH |  | SOLE |  | 0 | 0 | 108 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 7672 | 36 | SH |  | SOLE |  | 0 | 0 | 36 |
| HACKETT GROUP INC | COM | 404609109 |  | 198343 | 9737 | SH |  | SOLE |  | 0 | 0 | 9737 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 338220 | 2298 | SH |  | SOLE |  | 0 | 0 | 2298 |
| MUELLER INDS INC | COM | 624756102 |  | 5310 | 90 | SH |  | SOLE |  | 0 | 0 | 90 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 6075092 | 45829 | SH |  | SOLE |  | 0 | 0 | 45829 |
| MARATHON PETE CORP | COM | 56585A102 |  | 10517466 | 90364 | SH |  | SOLE |  | 0 | 0 | 90364 |
| PFIZER INC | COM | 717081103 |  | 410791 | 8017 | SH |  | SOLE |  | 0 | 0 | 8017 |
| OLD REP INTL CORP | COM | 680223104 |  | 259540 | 10747 | SH |  | SOLE |  | 0 | 0 | 10747 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 366828 | 4792 | SH |  | SOLE |  | 0 | 0 | 4792 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 106344 | 1369 | SH |  | SOLE |  | 0 | 0 | 1369 |
| PPL CORP | COM | 69351T106 |  | 372584 | 12751 | SH |  | SOLE |  | 0 | 0 | 12751 |
| EATON CORP PLC | SHS | G29183103 |  | 400850 | 2554 | SH |  | SOLE |  | 0 | 0 | 2554 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 15596 | 385 | SH |  | SOLE |  | 0 | 0 | 385 |
| AEGON N V | NY REGISTRY SHS | 007924103 |  | 98028 | 19450 | SH |  | SOLE |  | 0 | 0 | 19450 |
| DISNEY WALT CO | COM | 254687106 |  | 110338 | 1270 | SH |  | SOLE |  | 0 | 0 | 1270 |
| FISERV INC | COM | 337738108 |  | 5434635 | 53771 | SH |  | SOLE |  | 0 | 0 | 53771 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 495506 | 3328 | SH |  | SOLE |  | 0 | 0 | 3328 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 6504740 | 25579 | SH |  | SOLE |  | 0 | 0 | 25579 |
| MARTEN TRANS LTD | COM | 573075108 |  | 217857 | 11014 | SH |  | SOLE |  | 0 | 0 | 11014 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 386676 | 1112 | SH |  | SOLE |  | 0 | 0 | 1112 |
| HARMONY BIOSCIENCES HLDGS IN | COM | 413197104 |  | 284536 | 5164 | SH |  | SOLE |  | 0 | 0 | 5164 |
| INNOSPEC INC | COM | 45768S105 |  | 254681 | 2476 | SH |  | SOLE |  | 0 | 0 | 2476 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 461956 | 6092 | SH |  | SOLE |  | 0 | 0 | 6092 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 8209 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| GLOBANT S A | COM | L44385109 |  | 2859 | 17 | SH |  | SOLE |  | 0 | 0 | 17 |
| CATHAY GEN BANCORP | COM | 149150104 |  | 4772 | 117 | SH |  | SOLE |  | 0 | 0 | 117 |
| HORMEL FOODS CORP | COM | 440452100 |  | 436733 | 9588 | SH |  | SOLE |  | 0 | 0 | 9588 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 396573 | 7183 | SH |  | SOLE |  | 0 | 0 | 7183 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 78561 | 1965 | SH |  | SOLE |  | 0 | 0 | 1965 |
| TOOTSIE ROLL INDS INC | COM | 890516107 |  | 6386 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| ALBEMARLE CORP | COM | 012653101 |  | 936835 | 4320 | SH |  | SOLE |  | 0 | 0 | 4320 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 275628 | 2187 | SH |  | SOLE |  | 0 | 0 | 2187 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 416788 | 3719 | SH |  | SOLE |  | 0 | 0 | 3719 |
| ALBANY INTL CORP | CL A | 012348108 |  | 5718 | 58 | SH |  | SOLE |  | 0 | 0 | 58 |
| ABBVIE INC | COM | 00287Y109 |  | 519253 | 3213 | SH |  | SOLE |  | 0 | 0 | 3213 |
| DTE ENERGY CO | COM | 233331107 |  | 312395 | 2658 | SH |  | SOLE |  | 0 | 0 | 2658 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 603370 | 2682 | SH |  | SOLE |  | 0 | 0 | 2682 |
| NCR CORP NEW | COM | 62886E108 |  | 6648 | 284 | SH |  | SOLE |  | 0 | 0 | 284 |
| FLOWERS FOODS INC | COM | 343498101 |  | 255843 | 8902 | SH |  | SOLE |  | 0 | 0 | 8902 |
| OMNICOM GROUP INC | COM | 681919106 |  | 739595 | 9067 | SH |  | SOLE |  | 0 | 0 | 9067 |
| EVEREST RE GROUP LTD | COM | G3223R108 |  | 629082 | 1899 | SH |  | SOLE |  | 0 | 0 | 1899 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 538707 | 8202 | SH |  | SOLE |  | 0 | 0 | 8202 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 6796 | 211 | SH |  | SOLE |  | 0 | 0 | 211 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 87191 | 1286 | SH |  | SOLE |  | 0 | 0 | 1286 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 90342 | 507 | SH |  | SOLE |  | 0 | 0 | 507 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 5592 | 154 | SH |  | SOLE |  | 0 | 0 | 154 |
| VMWARE INC | CL A COM | 928563402 |  | 6506 | 53 | SH |  | SOLE |  | 0 | 0 | 53 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 392340 | 2221 | SH |  | SOLE |  | 0 | 0 | 2221 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 7224904 | 61228 | SH |  | SOLE |  | 0 | 0 | 61228 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 720833 | 21077 | SH |  | SOLE |  | 0 | 0 | 21077 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 6493859 | 26371 | SH |  | SOLE |  | 0 | 0 | 26371 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 6497213 | 57753 | SH |  | SOLE |  | 0 | 0 | 57753 |
| CHEESECAKE FACTORY INC | COM | 163072101 |  | 13477 | 425 | SH |  | SOLE |  | 0 | 0 | 425 |
| PTC THERAPEUTICS INC | COM | 69366J200 |  | 4122 | 108 | SH |  | SOLE |  | 0 | 0 | 108 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 4867 | 121 | SH |  | SOLE |  | 0 | 0 | 121 |
| LITHIA MTRS INC | COM | 536797103 |  | 37263 | 182 | SH |  | SOLE |  | 0 | 0 | 182 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 329665 | 3134 | SH |  | SOLE |  | 0 | 0 | 3134 |
| CMS ENERGY CORP | COM | 125896100 |  | 367124 | 5797 | SH |  | SOLE |  | 0 | 0 | 5797 |
| INCYTE CORP | COM | 45337C102 |  | 543445 | 6766 | SH |  | SOLE |  | 0 | 0 | 6766 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 363820 | 842 | SH |  | SOLE |  | 0 | 0 | 842 |
| AMERICA MOVIL SAB DE CV | SPON ADR L SHS | 02364W105 |  | 77587 | 4263 | SH |  | SOLE |  | 0 | 0 | 4263 |
| CORPORATE OFFICE PPTYS TR | SH BEN INT | 22002T108 |  | 4565 | 176 | SH |  | SOLE |  | 0 | 0 | 176 |
| PEPSICO INC | COM | 713448108 |  | 6280284 | 34763 | SH |  | SOLE |  | 0 | 0 | 34763 |
| AES CORP | COM | 00130H105 |  | 302181 | 10507 | SH |  | SOLE |  | 0 | 0 | 10507 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 430023 | 1395 | SH |  | SOLE |  | 0 | 0 | 1395 |
| AON PLC | SHS CL A | G0403H108 |  | 6669111 | 22220 | SH |  | SOLE |  | 0 | 0 | 22220 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 5665 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |
| BLACKROCK MULTI SECTOR INC T | COM | 09258A107 |  | 14210 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| CYTOKINETICS INC | COM NEW | 23282W605 |  | 6552 | 143 | SH |  | SOLE |  | 0 | 0 | 143 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 7019289 | 69553 | SH |  | SOLE |  | 0 | 0 | 69553 |
| PATTERSON-UTI ENERGY INC | COM | 703481101 |  | 404463 | 24018 | SH |  | SOLE |  | 0 | 0 | 24018 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 503087 | 1258 | SH |  | SOLE |  | 0 | 0 | 1258 |
| EVERGY INC | COM | 30034W106 |  | 375566 | 5968 | SH |  | SOLE |  | 0 | 0 | 5968 |
| LIFE STORAGE INC | COM | 53223X107 |  | 179566 | 1823 | SH |  | SOLE |  | 0 | 0 | 1823 |
| SYNOPSYS INC | COM | 871607107 |  | 909019 | 2847 | SH |  | SOLE |  | 0 | 0 | 2847 |
| EDISON INTL | COM | 281020107 |  | 6272805 | 98598 | SH |  | SOLE |  | 0 | 0 | 98598 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 456461 | 1911 | SH |  | SOLE |  | 0 | 0 | 1911 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 6636812 | 43790 | SH |  | SOLE |  | 0 | 0 | 43790 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 408691 | 18956 | SH |  | SOLE |  | 0 | 0 | 18956 |
| MGP INGREDIENTS INC NEW | COM | 55303J106 |  | 452647 | 4255 | SH |  | SOLE |  | 0 | 0 | 4255 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 57631 | 331 | SH |  | SOLE |  | 0 | 0 | 331 |
| ISHARES INC | MSCI ISRAEL ETF | 464286632 |  | 304194 | 5433 | SH |  | SOLE |  | 0 | 0 | 5433 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 103974 | 805 | SH |  | SOLE |  | 0 | 0 | 805 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 510339 | 1272 | SH |  | SOLE |  | 0 | 0 | 1272 |
| THOMSON REUTERS CORP. | COM NEW | 884903709 |  | 410766 | 3601 | SH |  | SOLE |  | 0 | 0 | 3601 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 42215 | 935 | SH |  | SOLE |  | 0 | 0 | 935 |
| MARATHON OIL CORP | COM | 565849106 |  | 807282 | 29822 | SH |  | SOLE |  | 0 | 0 | 29822 |
| EXELON CORP | COM | 30161N101 |  | 18373 | 425 | SH |  | SOLE |  | 0 | 0 | 425 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 73926 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| AMER STATES WTR CO | COM | 029899101 |  | 5460 | 59 | SH |  | SOLE |  | 0 | 0 | 59 |
| VOYA FINANCIAL INC | COM | 929089100 |  | 213616 | 3474 | SH |  | SOLE |  | 0 | 0 | 3474 |
| KRAFT HEINZ CO | COM | 500754106 |  | 350798 | 8617 | SH |  | SOLE |  | 0 | 0 | 8617 |
| MOSAIC CO NEW | COM | 61945C103 |  | 586717 | 13374 | SH |  | SOLE |  | 0 | 0 | 13374 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 458725 | 833 | SH |  | SOLE |  | 0 | 0 | 833 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 80150 | 2526 | SH |  | SOLE |  | 0 | 0 | 2526 |
| OTTER TAIL CORP | COM | 689648103 |  | 236308 | 4025 | SH |  | SOLE |  | 0 | 0 | 4025 |
| REGENCY CTRS CORP | COM | 758849103 |  | 543063 | 8689 | SH |  | SOLE |  | 0 | 0 | 8689 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1062755 | 7823 | SH |  | SOLE |  | 0 | 0 | 7823 |
| HINGHAM INSTN SVGS MASS | COM | 433323102 |  | 34495 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| ABBOTT LABS | COM | 002824100 |  | 71364 | 650 | SH |  | SOLE |  | 0 | 0 | 650 |
| OLLIES BARGAIN OUTLET HLDGS | COM | 681116109 |  | 192091 | 4101 | SH |  | SOLE |  | 0 | 0 | 4101 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 516104 | 3257 | SH |  | SOLE |  | 0 | 0 | 3257 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1849816 | 21148 | SH |  | SOLE |  | 0 | 0 | 21148 |
| GRAHAM HLDGS CO | COM CL B | 384637104 |  | 5438 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| MOOG INC | CL A | 615394202 |  | 5002 | 57 | SH |  | SOLE |  | 0 | 0 | 57 |
| CDW CORP | COM | 12514G108 |  | 446271 | 2499 | SH |  | SOLE |  | 0 | 0 | 2499 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 634777 | 16107 | SH |  | SOLE |  | 0 | 0 | 16107 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 998131 | 5294 | SH |  | SOLE |  | 0 | 0 | 5294 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 |  | 77521 | 1670 | SH |  | SOLE |  | 0 | 0 | 1670 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 313030 | 9564 | SH |  | SOLE |  | 0 | 0 | 9564 |
| CORNERSTONE TOTAL RETURN FD | COM | 21924U300 |  | 26164 | 3685 | SH |  | SOLE |  | 0 | 0 | 3685 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 23535 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 874060205 |  | 89092 | 5711 | SH |  | SOLE |  | 0 | 0 | 5711 |
| GENERAL MLS INC | COM | 370334104 |  | 7686446 | 91669 | SH |  | SOLE |  | 0 | 0 | 91669 |
| NORTHWEST NAT HLDG CO | COM | 66765N105 |  | 241376 | 5072 | SH |  | SOLE |  | 0 | 0 | 5072 |
| BEACON ROOFING SUPPLY INC | COM | 073685109 |  | 231431 | 4384 | SH |  | SOLE |  | 0 | 0 | 4384 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 859189 | 11525 | SH |  | SOLE |  | 0 | 0 | 11525 |
| ISHARES INC | MSCI FRANCE ETF | 464286707 |  | 339612 | 10254 | SH |  | SOLE |  | 0 | 0 | 10254 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 7357 | 88 | SH |  | SOLE |  | 0 | 0 | 88 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 506496 | 3703 | SH |  | SOLE |  | 0 | 0 | 3703 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 77246 | 202 | SH |  | SOLE |  | 0 | 0 | 202 |
| DYCOM INDS INC | COM | 267475101 |  | 4867 | 52 | SH |  | SOLE |  | 0 | 0 | 52 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 1108190 | 36952 | SH |  | SOLE |  | 0 | 0 | 36952 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 249022 | 3934 | SH |  | SOLE |  | 0 | 0 | 3934 |
| SNAP ON INC | COM | 833034101 |  | 282871 | 1238 | SH |  | SOLE |  | 0 | 0 | 1238 |
| GRAINGER W W INC | COM | 384802104 |  | 413294 | 743 | SH |  | SOLE |  | 0 | 0 | 743 |
| APARTMENT INVT  MGMT CO | CL A | 03748R747 |  | 237445 | 33349 | SH |  | SOLE |  | 0 | 0 | 33349 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 91 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 6113720 | 12567 | SH |  | SOLE |  | 0 | 0 | 12567 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 411042 | 9955 | SH |  | SOLE |  | 0 | 0 | 9955 |
| AMEREN CORP | COM | 023608102 |  | 358970 | 4037 | SH |  | SOLE |  | 0 | 0 | 4037 |
| FORWARD AIR CORP | COM | 349853101 |  | 5140 | 49 | SH |  | SOLE |  | 0 | 0 | 49 |
| UBS GROUP AG | SHS | H42097107 |  | 6520255 | 349237 | SH |  | SOLE |  | 0 | 0 | 349237 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 447965 | 5338 | SH |  | SOLE |  | 0 | 0 | 5338 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 4905307 | 51662 | SH |  | SOLE |  | 0 | 0 | 51662 |
| ISHARES INC | MSCI STH AFR ETF | 464286780 |  | 151064 | 3562 | SH |  | SOLE |  | 0 | 0 | 3562 |
| ENPRO INDS INC | COM | 29355X107 |  | 5217 | 48 | SH |  | SOLE |  | 0 | 0 | 48 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 12156 | 141 | SH |  | SOLE |  | 0 | 0 | 141 |
| SPDR SER TR | S INS ETF | 78464A789 |  | 2007 | 49 | SH |  | SOLE |  | 0 | 0 | 49 |
| AVISTA CORP | COM | 05379B107 |  | 4833 | 109 | SH |  | SOLE |  | 0 | 0 | 109 |
| VICI PPTYS INC | COM | 925652109 |  | 133909 | 4133 | SH |  | SOLE |  | 0 | 0 | 4133 |
| APPLE INC | COM | 037833100 |  | 576629 | 4438 | SH |  | SOLE |  | 0 | 0 | 4438 |
| ALLETE INC | COM NEW | 018522300 |  | 271007 | 4201 | SH |  | SOLE |  | 0 | 0 | 4201 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 6234474 | 48333 | SH |  | SOLE |  | 0 | 0 | 48333 |
| NELNET INC | CL A | 64031N108 |  | 5264 | 58 | SH |  | SOLE |  | 0 | 0 | 58 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 324435 | 1848 | SH |  | SOLE |  | 0 | 0 | 1848 |
| NORDSON CORP | COM | 655663102 |  | 140493 | 591 | SH |  | SOLE |  | 0 | 0 | 591 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 77510 | 652 | SH |  | SOLE |  | 0 | 0 | 652 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 402743 | 25093 | SH |  | SOLE |  | 0 | 0 | 25093 |
| BLACK HILLS CORP | COM | 092113109 |  | 240422 | 3418 | SH |  | SOLE |  | 0 | 0 | 3418 |
| IRON MTN INC DEL | COM | 46284V101 |  | 656873 | 13177 | SH |  | SOLE |  | 0 | 0 | 13177 |
| AT INC | COM | 00206R102 |  | 21650 | 1176 | SH |  | SOLE |  | 0 | 0 | 1176 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 384207 | 2727 | SH |  | SOLE |  | 0 | 0 | 2727 |
| ROLLINS INC | COM | 775711104 |  | 592971 | 16228 | SH |  | SOLE |  | 0 | 0 | 16228 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1238824 | 18873 | SH |  | SOLE |  | 0 | 0 | 18873 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 678926 | 6913 | SH |  | SOLE |  | 0 | 0 | 6913 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 2847962 | 8106 | SH |  | SOLE |  | 0 | 0 | 8106 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 506418 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |

---