# EDGAR Filing Document

**Accession Number:** 0000710127
**File Stem:** 0001085146-23-000627
**Filing Date:** 2023-2
**Character Count:** 19754
**Document Hash:** 19ad33127dcaacdde60ae785240cda8a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000627.hdr.sgml**: 20230206

**ACCESSION NUMBER**: 0001085146-23-000627

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230206

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEARLE & CO.
- **CENTRAL INDEX KEY:** 0000710127
- **IRS NUMBER:** 222420529
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17000
- **FILM NUMBER:** 23587920

**BUSINESS ADDRESS:**
- **STREET 1:** 333 GREENWICH AVE.
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 203-869-4800

**MAIL ADDRESS:**
- **STREET 1:** 333 GREENWICH AVE.
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SEARLE & CO /CT/                                        /BD
- **DATE OF NAME CHANGE:** 19980127

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SEARLE & CO                                             /BD
- **DATE OF NAME CHANGE:** 19980127

### 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:** SEARLE  CO.<br>**Address:** 333 GREENWICH AVE.<br>GREENWICH, CT 06830

**Form 13F File Number:** 028-17000

**CRD Number (if applicable):** 000013035

**SEC File Number (if applicable):** 801-68574

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:** Robert Searle<br>**Title:** President CCO CFO<br>**Phone:** 203-869-4800

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

/s/ Robert Searle  Greenwich, CT  02-03-2023<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:** 148

**Form 13F Information Table Value Total:** $293186142

      (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 |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 352925 | 2943 | SH |  | SOLE |  | 2943 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 1910346 | 17400 | SH |  | SOLE |  | 17400 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 7183080 | 44447 | SH |  | SOLE |  | 44447 | 0 | 0 |
| ABCELLERA BIOLOGICS INC | COM | 00288U106 | BBG00LLW2MH0 | 140807 | 13900 | SH |  | SOLE |  | 13900 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 206801 | 775 | SH |  | SOLE |  | 775 | 0 | 0 |
| AES CORP | COM | 00130H105 | BBG001S6B1L5 | 647100 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| ALCOA CORP | COM | 013872106 | BBG00B3T3HF1 | 231897 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 555450 | 6260 | SH |  | SOLE |  | 6260 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 949200 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 1368230 | 14410 | SH |  | SOLE |  | 14410 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 5036798 | 34090 | SH |  | SOLE |  | 34090 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 213388 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| API GROUP CORP | COM STK | 00187Y100 | BBG00HVV7984 | 1194435 | 63500 | SH |  | SOLE |  | 63500 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 16271004 | 125229 | SH |  | SOLE |  | 125229 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 | BBG001S5ND74 | 828686 | 8925 | SH |  | SOLE |  | 8925 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 2396730 | 35350 | SH |  | SOLE |  | 35350 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 1338757 | 72719 | SH |  | SOLE |  | 72719 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 3920170 | 16412 | SH |  | SOLE |  | 16412 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 6659107 | 201060 | SH |  | SOLE |  | 201060 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG001S5P6Q6 | 204840 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 | BBG001S5P1K3 | 1748118 | 34297 | SH |  | SOLE |  | 34297 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 2980885 | 9650 | SH |  | SOLE |  | 9650 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 2091009 | 10977 | SH |  | SOLE |  | 10977 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 | BBG001S7F4D2 | 853300 | 21200 | SH |  | SOLE |  | 21200 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 6709769 | 93256 | SH |  | SOLE |  | 93256 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | BBG001SF86D7 | 707152 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 | BBG001SJ9BG4 | 872988 | 8750 | SH |  | SOLE |  | 8750 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 5046092 | 21064 | SH |  | SOLE |  | 21064 | 0 | 0 |
| CHEMOURS CO | COM | 163851108 | BBG005H82GC1 | 1196262 | 39068 | SH |  | SOLE |  | 39068 | 0 | 0 |
| CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 | BBG001SSCPS6 | 341220 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 1508254 | 8403 | SH |  | SOLE |  | 8403 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | BBG001S7CRG1 | 812916 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 2099495 | 44070 | SH |  | SOLE |  | 44070 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 | BBG001S5PX50 | 343247 | 2446 | SH |  | SOLE |  | 2446 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 577261 | 9075 | SH |  | SOLE |  | 9075 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 1270095 | 16120 | SH |  | SOLE |  | 16120 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 231082 | 6608 | SH |  | SOLE |  | 6608 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 1461194 | 12383 | SH |  | SOLE |  | 12383 | 0 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 | BBG001SD31G5 | 266513 | 1150 | SH |  | SOLE |  | 1150 | 0 | 0 |
| CORNING INC | COM | 219350105 | BBG001S5RLH1 | 501458 | 15700 | SH |  | SOLE |  | 15700 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 935307 | 15912 | SH |  | SOLE |  | 15912 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 863242 | 1891 | SH |  | SOLE |  | 1891 | 0 | 0 |
| CREDIT SUISSE GROUP | SPONSORED ADR | 225401108 | BBG001SF3K87 | 53200 | 17500 | SH |  | SOLE |  | 17500 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 2560861 | 27480 | SH |  | SOLE |  | 27480 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 2336227 | 8802 | SH |  | SOLE |  | 8802 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 | BBG001S5QM08 | 622485 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 3028161 | 16994 | SH |  | SOLE |  | 16994 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 2101367 | 24187 | SH |  | SOLE |  | 24187 | 0 | 0 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 799034 | 15857 | SH |  | SOLE |  | 15857 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 308970 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 557687 | 8126 | SH |  | SOLE |  | 8126 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 | BBG001S7JNP3 | 651520 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 1789230 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 | BBG001S6KBQ8 | 1687671 | 3290 | SH |  | SOLE |  | 3290 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 588368 | 6125 | SH |  | SOLE |  | 6125 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 207072 | 17445 | SH |  | SOLE |  | 17445 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 871697 | 36140 | SH |  | SOLE |  | 36140 | 0 | 0 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 725312 | 5600 | SH |  | SOLE |  | 5600 | 0 | 0 |
| ETF SER SOLUTIONS | DEFIANCE NEXT | 26922A289 | BBG00NJ314P5 | 334544 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 8301730 | 75265 | SH |  | SOLE |  | 75265 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 433000 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 | BBG001S5TZ33 | 476830 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| FRESENIUS MED CARE AG KGA | SPONSORED ADR | 358029106 | BBG001S97ZY5 | 380526 | 23288 | SH |  | SOLE |  | 23288 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 | BBG001S5PVD5 | 326865 | 3901 | SH |  | SOLE |  | 3901 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 469560 | 5600 | SH |  | SOLE |  | 5600 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 | BBG001S5RNH7 | 520530 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 | BBG001S5RS59 | 403298 | 10249 | SH |  | SOLE |  | 10249 | 0 | 0 |
| HERON THERAPEUTICS INC | COM | 427746102 | BBG001SB92D4 | 83125 | 33250 | SH |  | SOLE |  | 33250 | 0 | 0 |
| HESS CORP | COM | 42809H107 | BBG001S5NHS2 | 3510045 | 24750 | SH |  | SOLE |  | 24750 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 2589736 | 8199 | SH |  | SOLE |  | 8199 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 4620737 | 21562 | SH |  | SOLE |  | 21562 | 0 | 0 |
| HORIZON THERAPEUTICS PUB L | SHS | G46188101 | BBG001T9M4T2 | 2657230 | 23350 | SH |  | SOLE |  | 23350 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 | BBG001V0PDL3 | 490426 | 2126 | SH |  | SOLE |  | 2126 | 0 | 0 |
| IMPERIAL OIL LTD | COM NEW | 453038408 | BBG001S5T1N6 | 487400 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 | BBG001S8Q6N2 | 839344 | 10450 | SH |  | SOLE |  | 10450 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 468049 | 17709 | SH |  | SOLE |  | 17709 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 3457581 | 24541 | SH |  | SOLE |  | 24541 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 | BBG001S5S5F7 | 620967 | 5923 | SH |  | SOLE |  | 5923 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 2170182 | 8150 | SH |  | SOLE |  | 8150 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 713862 | 1858 | SH |  | SOLE |  | 1858 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 280217 | 4269 | SH |  | SOLE |  | 4269 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 | BBG001S5SX02 | 205680 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 7211736 | 40825 | SH |  | SOLE |  | 40825 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 35015790 | 261117 | SH |  | SOLE |  | 261117 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 617663 | 4550 | SH |  | SOLE |  | 4550 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 336884 | 1618 | SH |  | SOLE |  | 1618 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 365840 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 267570 | 550 | SH |  | SOLE |  | 550 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 205616 | 1032 | SH |  | SOLE |  | 1032 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 | BBG001S731Q7 | 1336339 | 26615 | SH |  | SOLE |  | 26615 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 | BBG001S169P1 | 244186 | 2098 | SH |  | SOLE |  | 2098 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 5445584 | 20664 | SH |  | SOLE |  | 20664 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 1081785 | 13919 | SH |  | SOLE |  | 13919 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 4094721 | 36906 | SH |  | SOLE |  | 36906 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 309676 | 6196 | SH |  | SOLE |  | 6196 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 9205970 | 38387 | SH |  | SOLE |  | 38387 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 911239 | 13672 | SH |  | SOLE |  | 13672 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | BBG001S5T9L1 | 636286 | 2469 | SH |  | SOLE |  | 2469 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 1140973 | 13648 | SH |  | SOLE |  | 13648 | 0 | 0 |
| NEXTERA ENERGY PARTNERS LP | COM UNIT PART IN | 65341B106 | BBG006JNW312 | 3406374 | 48600 | SH |  | SOLE |  | 48600 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 2474762 | 21150 | SH |  | SOLE |  | 21150 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 947978 | 3847 | SH |  | SOLE |  | 3847 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 3501725 | 6418 | SH |  | SOLE |  | 6418 | 0 | 0 |
| NUCOR CORP | COM | 670346105 | BBG001S5TRV0 | 5375607 | 40783 | SH |  | SOLE |  | 40783 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 | BBG001S5TWW8 | 1445262 | 27300 | SH |  | SOLE |  | 27300 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 | BBG001S5TWK1 | 295650 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 3735067 | 26767 | SH |  | SOLE |  | 26767 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 231120 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 4489401 | 24850 | SH |  | SOLE |  | 24850 | 0 | 0 |
| PERKINELMER INC | COM | 714046109 | BBG001SBKS35 | 4697370 | 33500 | SH |  | SOLE |  | 33500 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 4414941 | 86162 | SH |  | SOLE |  | 86162 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 4310939 | 42594 | SH |  | SOLE |  | 42594 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 | BBG00286S4P7 | 903727 | 8683 | SH |  | SOLE |  | 8683 | 0 | 0 |
| PLBY GROUP INC | COM | 72814P109 | BBG00TYN9Y77 | 120038 | 43650 | SH |  | SOLE |  | 43650 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 4411002 | 29104 | SH |  | SOLE |  | 29104 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 758804 | 5850 | SH |  | SOLE |  | 5850 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 1934944 | 17600 | SH |  | SOLE |  | 17600 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 | BBG001S9GX43 | 391100 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 4828618 | 47846 | SH |  | SOLE |  | 47846 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 | BBG001S9DL33 | 257980 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 | BBG001S5VRF5 | 3243579 | 12593 | SH |  | SOLE |  | 12593 | 0 | 0 |
| SEALED AIR CORP NEW | COM | 81211K100 | BBG001SBSZ95 | 402532 | 8070 | SH |  | SOLE |  | 8070 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 1007964 | 8100 | SH |  | SOLE |  | 8100 | 0 | 0 |
| SEMPRA | COM | 816851109 | BBG001SBVZ73 | 463620 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SONY GROUP CORPORATION | SPONSORED ADR | 835699307 | BBG001S5W6H8 | 263929 | 3460 | SH |  | SOLE |  | 3460 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 364191 | 5100 | SH |  | SOLE |  | 5100 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 1835664 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 | BBG001S5WHT1 | 914135 | 12169 | SH |  | SOLE |  | 12169 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 | BBG001TC94B9 | 2168250 | 29500 | SH |  | SOLE |  | 29500 | 0 | 0 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 342792 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 413050 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 415771 | 755 | SH |  | SOLE |  | 755 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 501161 | 2673 | SH |  | SOLE |  | 2673 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 943863 | 21935 | SH |  | SOLE |  | 21935 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 | BBG001S5X1K4 | 352450 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 1251324 | 6043 | SH |  | SOLE |  | 6043 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 2824900 | 16250 | SH |  | SOLE |  | 16250 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 330372 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 1070380 | 27167 | SH |  | SOLE |  | 27167 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 | BBG00Y52JV51 | 311785 | 28013 | SH |  | SOLE |  | 28013 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 5025922 | 24191 | SH |  | SOLE |  | 24191 | 0 | 0 |
| VISTA GOLD CORP | COM NEW | 927926303 | BBG001S9BFZ3 | 13368 | 27000 | SH |  | SOLE |  | 27000 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 | BBG011386VG3 | 183011 | 19305 | SH |  | SOLE |  | 19305 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 | BBG001S5XDC7 | 768832 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 799875 | 675 | SH |  | SOLE |  | 675 | 0 | 0 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 227553 | 2058 | SH |  | SOLE |  | 2058 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 | BBG001S7JQ30 | 4308227 | 33637 | SH |  | SOLE |  | 33637 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 | BBG00B8N0HH0 | 2320439 | 42460 | SH |  | SOLE |  | 42460 | 0 | 0 |

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