# EDGAR Filing Document

**Accession Number:** 0001077583
**File Stem:** 0001077583-25-000005
**Filing Date:** 2025-8
**Character Count:** 17307
**Document Hash:** 567dffa219f93757821dca374da0901b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001077583-25-000005.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0001077583-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250812

**DATE AS OF CHANGE**: 20250812

**EFFECTIVENESS DATE**: 20250812

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BOWEN HANES & CO INC
- **CENTRAL INDEX KEY:** 0001077583

**ORGANIZATION NAME:**
- **EIN:** 581396553

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03975
- **FILM NUMBER:** 251205421

**BUSINESS ADDRESS:**
- **STREET 1:** 135 PROFESSIONAL DRIVE, SUITE 103
- **CITY:** PONTE VEDRA BEACH
- **STATE:** FL
- **ZIP:** 32082
- **BUSINESS PHONE:** (404) 995-0507

**MAIL ADDRESS:**
- **STREET 1:** 135 PROFESSIONAL DRIVE, SUITE 103
- **CITY:** PONTE VEDRA BEACH
- **STATE:** FL
- **ZIP:** 32082

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** BOWEN HANES  CO INC<br>**Address:** 135 PROFESSIONAL DRIVE SUITE 103<br>PONTE VEDRA BEACH, FL 32082

**Form 13F File Number:** 028-03975

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:** Harold J. Bowen III<br>**Title:** President<br>**Phone:** 404 995-0507

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

Harold J. Bowen III  Ponte Vedra Beach, FL  08-12-2025<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:** 145

**Form 13F Information Table Value Total:** $3963277430

      (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 COMPANY | COM | 88579Y101 |  | 379839 | 2495 | SH |  | SOLE |  | 2495 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 367499 | 2702 | SH |  | SOLE |  | 2702 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2632092 | 14180 | SH |  | SOLE |  | 14180 | 0 | 0 |
| ACCENTURE LTD (IL) | COM | G1151C101 |  | 321606 | 1076 | SH |  | SOLE |  | 1076 | 0 | 0 |
| ALPHABET INC CLASS A | COM | 02079K305 |  | 1796312 | 10193 | SH |  | SOLE |  | 10193 | 0 | 0 |
| ALPHABET INC CLASS C | COM | 02079K107 |  | 7867779 | 44353 | SH |  | SOLE |  | 44353 | 0 | 0 |
| AMAZON.COM INC | COM | 023135106 |  | 77574549 | 353592 | SH |  | SOLE |  | 353592 | 0 | 0 |
| AMERICAN EXPRESS | COM | 025816109 |  | 105976001 | 332234 | SH |  | SOLE |  | 332234 | 0 | 0 |
| AMERICAN INT'L GROUP INC | COM | 026874784 |  | 35998726 | 420595 | SH |  | SOLE |  | 420595 | 0 | 0 |
| AMERICAN WATER WORKS | COM | 030420103 |  | 2019599 | 14518 | SH |  | SOLE |  | 14518 | 0 | 0 |
| AON PLC | COM | 037389103 |  | 369247 | 1035 | SH |  | SOLE |  | 1035 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 104414296 | 508916 | SH |  | SOLE |  | 508916 | 0 | 0 |
| ASML HOLDING (NE) | COM | N07059210 |  | 40069500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ATI INC | COM | 01741R102 |  | 118765850 | 1375560 | SH |  | SOLE |  | 1375560 | 0 | 0 |
| AUTODESK INC COM | COM | 052769106 |  | 309570 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| AUTOMATIC DATA PROCESSING | COM | 053015103 |  | 60332909 | 195632 | SH |  | SOLE |  | 195632 | 0 | 0 |
| AVERY DENNISON | COM | 053611109 |  | 6257085 | 35659 | SH |  | SOLE |  | 35659 | 0 | 0 |
| BADGER METER INC | COM | 056525108 |  | 55699180 | 227390 | SH |  | SOLE |  | 227390 | 0 | 0 |
| BANK OF NOVA SCOTIA ADR (CA) | COM | 064149107 |  | 788537 | 14267 | SH |  | SOLE |  | 14267 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 65236475 | 436131 | SH |  | SOLE |  | 436131 | 0 | 0 |
| BOEING | COM | 097023105 |  | 722878 | 3450 | SH |  | SOLE |  | 3450 | 0 | 0 |
| BOSTON SCIENTIFIC CORP COM | COM | 101137107 |  | 44497815 | 414280 | SH |  | SOLE |  | 414280 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CORP | COM | 11275Q107 |  | 204963 | 4927 | SH |  | SOLE |  | 4927 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE PART | UNT | g16252101 |  | 24949058 | 744748 | SH |  | SOLE |  | 744748 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP-A (C | COM | 11285B108 |  | 1269963 | 38742 | SH |  | SOLE |  | 38742 | 0 | 0 |
| BROOKFIELD RENEWABLE PARTNERS | UNT | G16258108 |  | 19915785 | 780705 | SH |  | SOLE |  | 780705 | 0 | 0 |
| CAMECO (CA) | COM | 13321L108 |  | 38857549 | 523475 | SH |  | SOLE |  | 523475 | 0 | 0 |
| CANADIAN NAT'L RWY ADR (CA) | COM | 136375102 |  | 3745024 | 35996 | SH |  | SOLE |  | 35996 | 0 | 0 |
| CANADIAN NATURAL RESOURCES ADR | COM | 136385101 |  | 3643970 | 116050 | SH |  | SOLE |  | 116050 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY L | COM | 13646K108 |  | 3219313 | 40612 | SH |  | SOLE |  | 40612 | 0 | 0 |
| CAPITAL ONE FINANCIAL CP | COM | 14040h105 |  | 462540 | 2174 | SH |  | SOLE |  | 2174 | 0 | 0 |
| CARPENTER TECHNOLOGY COM | COM | 144285103 |  | 38693200 | 140000 | SH |  | SOLE |  | 140000 | 0 | 0 |
| CATERPILLAR | COM | 149123101 |  | 3410037 | 8784 | SH |  | SOLE |  | 8784 | 0 | 0 |
| CHARLES SCHWAB CORP | COM | 808513105 |  | 28395348 | 311216 | SH |  | SOLE |  | 311216 | 0 | 0 |
| CHECK POINT SOFTWARE TECH (IS) | COM | M22465104 |  | 1205812 | 5450 | SH |  | SOLE |  | 5450 | 0 | 0 |
| CHEVRON | COM | 166764100 |  | 1044285 | 7293 | SH |  | SOLE |  | 7293 | 0 | 0 |
| CHUBB LTD (SZ) | COM | H1467J104 |  | 2461171 | 8495 | SH |  | SOLE |  | 8495 | 0 | 0 |
| CHURCH AND DWIGHT | COM | 171340102 |  | 46098104 | 479639 | SH |  | SOLE |  | 479639 | 0 | 0 |
| CISCO SYSTEMS | COM | 17275R102 |  | 2954894 | 42590 | SH |  | SOLE |  | 42590 | 0 | 0 |
| CITIGROUP INC | COM | 172967101 |  | 274086 | 3220 | SH |  | SOLE |  | 3220 | 0 | 0 |
| COCA-COLA | COM | 191216100 |  | 1800729 | 25452 | SH |  | SOLE |  | 25452 | 0 | 0 |
| COLGATE PALMOLIVE | COM | 194162103 |  | 4177946 | 45962 | SH |  | SOLE |  | 45962 | 0 | 0 |
| CORNING | COM | 219350105 |  | 78582292 | 1494244 | SH |  | SOLE |  | 1494244 | 0 | 0 |
| COSTCO WHOLESALE | COM | 22160K105 |  | 125203651 | 126476 | SH |  | SOLE |  | 126476 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 786000 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 74583788 | 146677 | SH |  | SOLE |  | 146677 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM | 26441C204 |  | 654074 | 5543 | SH |  | SOLE |  | 5543 | 0 | 0 |
| DUPONT DE NEMOURS | COM | 26614N102 |  | 308655 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| EATON CORP (IL) | COM | G29183103 |  | 70603697 | 197775 | SH |  | SOLE |  | 197775 | 0 | 0 |
| EMERSON ELECTRIC | COM | 291011104 |  | 3747240 | 28105 | SH |  | SOLE |  | 28105 | 0 | 0 |
| ENERGY TRANSFER LP | COM | 29273v100 |  | 12691000 | 700000 | SH |  | SOLE |  | 700000 | 0 | 0 |
| ENTERPRISE PRODUCTS PARTNERS L | COM | 293792107 |  | 31568180 | 1018000 | SH |  | SOLE |  | 1018000 | 0 | 0 |
| EQUIFAX | COM | 294429105 |  | 644794 | 2486 | SH |  | SOLE |  | 2486 | 0 | 0 |
| EQUINIX | COM | 29444U700 |  | 27841450 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| EXTRA SPACE STORAGE | COM | 30225t102 |  | 16476420 | 111750 | SH |  | SOLE |  | 111750 | 0 | 0 |
| EXXON MOBIL | COM | 30231g102 |  | 356279 | 3305 | SH |  | SOLE |  | 3305 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 55240951 | 30220 | SH |  | SOLE |  | 30220 | 0 | 0 |
| FEDEX CORPORATION | COM | 31428X106 |  | 936517 | 4120 | SH |  | SOLE |  | 4120 | 0 | 0 |
| FMC CORP | COM | 302491303 |  | 368402 | 8824 | SH |  | SOLE |  | 8824 | 0 | 0 |
| GARMIN LTD (SZ) | COM | H2906T109 |  | 47090363 | 225615 | SH |  | SOLE |  | 225615 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES INC | COM | 36266G107 |  | 1358814 | 18345 | SH |  | SOLE |  | 18345 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 97743530 | 184718 | SH |  | SOLE |  | 184718 | 0 | 0 |
| GENERAC HOLDINGS | COM | 368736104 |  | 360889 | 2520 | SH |  | SOLE |  | 2520 | 0 | 0 |
| HAWKINS INC COM | COM | 420261109 |  | 43648857 | 307170 | SH |  | SOLE |  | 307170 | 0 | 0 |
| HOME DEPOT | COM | 437076102 |  | 77989461 | 212714 | SH |  | SOLE |  | 212714 | 0 | 0 |
| HONEYWELL INT'L | COM | 438516106 |  | 12048745 | 51738 | SH |  | SOLE |  | 51738 | 0 | 0 |
| IBM | COM | 459200101 |  | 73133444 | 248095 | SH |  | SOLE |  | 248095 | 0 | 0 |
| INGERSOLL RAND (IL) | COM | 45687V106 |  | 308099 | 3704 | SH |  | SOLE |  | 3704 | 0 | 0 |
| INT'L PAPER | COM | 460146103 |  | 907097 | 19370 | SH |  | SOLE |  | 19370 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 225262 | 286 | SH |  | SOLE |  | 286 | 0 | 0 |
| INTUITIVE SURGICAL | COM | 46120E602 |  | 99995591 | 184015 | SH |  | SOLE |  | 184015 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 5841771 | 38244 | SH |  | SOLE |  | 38244 | 0 | 0 |
| JPMORGAN CHASE | COM | 46625H100 |  | 81720990 | 281884 | SH |  | SOLE |  | 281884 | 0 | 0 |
| KIMBERLY-CLARK | COM | 494368103 |  | 1220743 | 9469 | SH |  | SOLE |  | 9469 | 0 | 0 |
| KINDER MORGAN | COM | 49456B101 |  | 619605 | 21075 | SH |  | SOLE |  | 21075 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 6610261 | 49690 | SH |  | SOLE |  | 49690 | 0 | 0 |
| L3HARRIS | COM | 502431109 |  | 3770125 | 15030 | SH |  | SOLE |  | 15030 | 0 | 0 |
| LILLY ELI  COMPANY | COM | 532457108 |  | 99966927 | 128240 | SH |  | SOLE |  | 128240 | 0 | 0 |
| LOCKHEED MARTIN | COM | 539830109 |  | 4060812 | 8768 | SH |  | SOLE |  | 8768 | 0 | 0 |
| LOWE'S COMPANIES | COM | 548661107 |  | 684025 | 3083 | SH |  | SOLE |  | 3083 | 0 | 0 |
| MANULIFE FINL CORP ADR (CA) | COM | 56501R106 |  | 294192 | 9205 | SH |  | SOLE |  | 9205 | 0 | 0 |
| MARRIOTT INT'L | COM | 571903202 |  | 3124976 | 11438 | SH |  | SOLE |  | 11438 | 0 | 0 |
| MARSH  MCLENNAN | COM | 571748102 |  | 29625939 | 135501 | SH |  | SOLE |  | 135501 | 0 | 0 |
| MASTERCARD INC CL A | COM | 57636Q104 |  | 14916697 | 26545 | SH |  | SOLE |  | 26545 | 0 | 0 |
| MCCORMICK  CO | COM | 579780206 |  | 5556090 | 73280 | SH |  | SOLE |  | 73280 | 0 | 0 |
| MCDONALD'S | COM | 580135101 |  | 2283893 | 7817 | SH |  | SOLE |  | 7817 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 516610 | 705 | SH |  | SOLE |  | 705 | 0 | 0 |
| MEDTRONIC PLC (IL) | COM | G5960L103 |  | 1277389 | 14654 | SH |  | SOLE |  | 14654 | 0 | 0 |
| MICROSOFT | COM | 594918104 |  | 120219023 | 241690 | SH |  | SOLE |  | 241690 | 0 | 0 |
| MID AMERICA APARTMENT COMM | COM | 59522J103 |  | 14801000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| MONDELEZ INTERNATIONAL | COM | 609207105 |  | 299771 | 4445 | SH |  | SOLE |  | 4445 | 0 | 0 |
| MOTOROLA SOLUTIONS | COM | 620076307 |  | 71246947 | 169450 | SH |  | SOLE |  | 169450 | 0 | 0 |
| NATIONAL HEALTH INVESTORS INC | COM | 63633D104 |  | 14024000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 152068925 | 113558 | SH |  | SOLE |  | 113558 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 215562 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| NEXTERA ENERGY | COM | 65339F101 |  | 3045039 | 43864 | SH |  | SOLE |  | 43864 | 0 | 0 |
| NICE SYS LTD | COM | 653656108 |  | 236474 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 509986 | 2379 | SH |  | SOLE |  | 2379 | 0 | 0 |
| NORFOLK SOUTHERN | COM | 655844108 |  | 415951 | 1625 | SH |  | SOLE |  | 1625 | 0 | 0 |
| NVIDIA CORP COM | COM | 67066G104 |  | 154016551 | 974850 | SH |  | SOLE |  | 974850 | 0 | 0 |
| ORACLE CORP COM | COM | 68389X105 |  | 4101062 | 18758 | SH |  | SOLE |  | 18758 | 0 | 0 |
| PALO ALTO NETWORKS | COM | 697435105 |  | 103941977 | 507926 | SH |  | SOLE |  | 507926 | 0 | 0 |
| PARKER-HANNIFIN | COM | 701094104 |  | 67681743 | 96900 | SH |  | SOLE |  | 96900 | 0 | 0 |
| PEPSICO | COM | 713448108 |  | 4031577 | 30533 | SH |  | SOLE |  | 30533 | 0 | 0 |
| PFIZER | COM | 717081103 |  | 1119500 | 46184 | SH |  | SOLE |  | 46184 | 0 | 0 |
| PNC FINL SVCS GROUP | COM | 693475105 |  | 228924 | 1228 | SH |  | SOLE |  | 1228 | 0 | 0 |
| PROCTER  GAMBLE | COM | 742718109 |  | 62682861 | 393440 | SH |  | SOLE |  | 393440 | 0 | 0 |
| PROLOGIS | COM | 74340W103 |  | 26035070 | 247670 | SH |  | SOLE |  | 247670 | 0 | 0 |
| REPUBLIC SVCS | COM | 760759100 |  | 62772109 | 254540 | SH |  | SOLE |  | 254540 | 0 | 0 |
| ROCHE HOLDING AG (SZ) | COM | 771195104 |  | 389258 | 9550 | SH |  | SOLE |  | 9550 | 0 | 0 |
| ROCKWELL AUTOMATION | COM | 773903109 |  | 2237165 | 6735 | SH |  | SOLE |  | 6735 | 0 | 0 |
| ROLLS ROYCE HOLDINGS ADR (GB) | COM | 775781206 |  | 54099488 | 4043310 | SH |  | SOLE |  | 4043310 | 0 | 0 |
| RTX CORP | COM | 75513E101 |  | 767773 | 5258 | SH |  | SOLE |  | 5258 | 0 | 0 |
| S  P GLOBAL | COM | 78409V104 |  | 82572032 | 156597 | SH |  | SOLE |  | 156597 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 327228 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| SERVICE NOW INC | COM | 81762p102 |  | 3875862 | 3770 | SH |  | SOLE |  | 3770 | 0 | 0 |
| SNAP-ON | COM | 833034101 |  | 581907 | 1870 | SH |  | SOLE |  | 1870 | 0 | 0 |
| SONY CORP (JP) | COM | 835699307 |  | 278391 | 10695 | SH |  | SOLE |  | 10695 | 0 | 0 |
| STATE STREET | COM | 857477103 |  | 642081 | 6038 | SH |  | SOLE |  | 6038 | 0 | 0 |
| SUBURBAN PROPANE PARTNERS LP | UNT | 864482104 |  | 15120480 | 816000 | SH |  | SOLE |  | 816000 | 0 | 0 |
| SUNOCO LP | COM | 86765K109 |  | 32154000 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| T-MOBILE US INC COM | COM | 872590104 |  | 31651650 | 132845 | SH |  | SOLE |  | 132845 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG (TW) | COM | 874039100 |  | 745152 | 3290 | SH |  | SOLE |  | 3290 | 0 | 0 |
| TELEDYNE TECHNOLOGIES | COM | 879360105 |  | 94754808 | 184956 | SH |  | SOLE |  | 184956 | 0 | 0 |
| TESLA MOTORS INC | COM | 88160R101 |  | 41640461 | 131085 | SH |  | SOLE |  | 131085 | 0 | 0 |
| TETRA TECH | COM | 88162G103 |  | 66036584 | 1836390 | SH |  | SOLE |  | 1836390 | 0 | 0 |
| TEXAS INSTRUMENTS | COM | 882508104 |  | 67721284 | 326179 | SH |  | SOLE |  | 326179 | 0 | 0 |
| THERMO FISHER SCIENTIFIC | COM | 883556102 |  | 32773332 | 80830 | SH |  | SOLE |  | 80830 | 0 | 0 |
| TRANE TECHNOLOGIES PLC (IL) | COM | G8994E103 |  | 2246100 | 5135 | SH |  | SOLE |  | 5135 | 0 | 0 |
| UNION PACIFIC | COM | 907818108 |  | 69704577 | 302958 | SH |  | SOLE |  | 302958 | 0 | 0 |
| UNITED PARCEL SERVICE | COM | 911312106 |  | 887364 | 8791 | SH |  | SOLE |  | 8791 | 0 | 0 |
| VERIZON COMMUNICATIONS | COM | 92343V104 |  | 1333754 | 30824 | SH |  | SOLE |  | 30824 | 0 | 0 |
| VERTEX PHARMACEUTICALS | COM | 92532F100 |  | 80491715 | 180799 | SH |  | SOLE |  | 180799 | 0 | 0 |
| VERTIV HOLDINGS | COM | 92537N108 |  | 1540920 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| VISA | COM | 92826C839 |  | 76088990 | 214305 | SH |  | SOLE |  | 214305 | 0 | 0 |
| VULCAN MATERIALS | COM | 929160109 |  | 2249312 | 8624 | SH |  | SOLE |  | 8624 | 0 | 0 |
| WABTEC | COM | 929740108 |  | 209350 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| WALMART | COM | 931142103 |  | 5499147 | 56240 | SH |  | SOLE |  | 56240 | 0 | 0 |
| WALT DISNEY | COM | 254687106 |  | 1124771 | 9070 | SH |  | SOLE |  | 9070 | 0 | 0 |
| WASTE MANAGEMENT | COM | 94106L109 |  | 6047484 | 26429 | SH |  | SOLE |  | 26429 | 0 | 0 |
| WELLTOWER | COM | 95040Q104 |  | 53233778 | 346281 | SH |  | SOLE |  | 346281 | 0 | 0 |
| WEYERHAEUSER | COM | 962166104 |  | 26485362 | 1030960 | SH |  | SOLE |  | 1030960 | 0 | 0 |
| WHEATON PRECIOUS METALS (CA) | COM | 962879102 |  | 55521095 | 618275 | SH |  | SOLE |  | 618275 | 0 | 0 |
| XYLEM | COM | 98419M100 |  | 7379600 | 57047 | SH |  | SOLE |  | 57047 | 0 | 0 |
| ZOETIS | COM | 98978V103 |  | 4495415 | 28826 | SH |  | SOLE |  | 28826 | 0 | 0 |

---