# EDGAR Filing Document

**Accession Number:** 0001831187
**File Stem:** 0001831187-23-000001
**Filing Date:** 2023-1
**Character Count:** 19966
**Document Hash:** 8febbe0ce0316f4fe5c08a6a0881f502
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001831187-23-000001.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001831187-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 44 WEALTH MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001831187
- **IRS NUMBER:** 851280806
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21092
- **FILM NUMBER:** 23541628

**BUSINESS ADDRESS:**
- **STREET 1:** 2350 OAKMONT WAY
- **STREET 2:** SUITE 104
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97401
- **BUSINESS PHONE:** 971-371-3450

**MAIL ADDRESS:**
- **STREET 1:** 2350 OAKMONT WAY
- **STREET 2:** SUITE 104
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97401

### 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:** 44 WEALTH MANAGEMENT LLC<br>**Address:** 2350 OAKMONT WAY<br>SUITE 104<br>EUGENE, OR 97401

**Form 13F File Number:** 028-21092

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:** MICHELLE ELDRIDGE<br>**Title:** SR. COMPLIANCE OFFICER<br>**Phone:** 971-371-3446

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

MICHELLE ELDRIDGE  PORTLAND, OR  01-20-2023<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:** 172

**Form 13F Information Table Value Total:** $289208855

      (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 |
| NIKE INC | CL B | 654106103 |  | 39703957 | 339321 | SH |  | SOLE |  | 0 | 0 | 339321 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 9715020 | 116208 | SH |  | SOLE |  | 0 | 0 | 116208 |
| MICROSOFT CORP | COM | 594918104 |  | 8848425 | 36896 | SH |  | SOLE |  | 0 | 0 | 36896 |
| AES CORP | COM | 00130H105 |  | 7957349 | 276681 | SH |  | SOLE |  | 0 | 0 | 276681 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 6702583 | 109305 | SH |  | SOLE |  | 0 | 0 | 109305 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 6471502 | 57524 | SH |  | SOLE |  | 0 | 0 | 57524 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 6204580 | 66175 | SH |  | SOLE |  | 0 | 0 | 66175 |
| AMEREN CORP | COM | 023608102 |  | 6182401 | 69528 | SH |  | SOLE |  | 0 | 0 | 69528 |
| EVERGY INC | COM | 30034W106 |  | 6053243 | 96190 | SH |  | SOLE |  | 0 | 0 | 96190 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 5911104 | 52745 | SH |  | SOLE |  | 0 | 0 | 52745 |
| NISOURCE INC | COM | 65473P105 |  | 5401987 | 197009 | SH |  | SOLE |  | 0 | 0 | 197009 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 5167252 | 105454 | SH |  | SOLE |  | 0 | 0 | 105454 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 4842774 | 9955 | SH |  | SOLE |  | 0 | 0 | 9955 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4612645 | 10104 | SH |  | SOLE |  | 0 | 0 | 10104 |
| KELLOGG CO | COM | 487836108 |  | 4494549 | 63090 | SH |  | SOLE |  | 0 | 0 | 63090 |
| COCA COLA CO | COM | 191216100 |  | 4145488 | 65170 | SH |  | SOLE |  | 0 | 0 | 65170 |
| APPLE INC | COM | 037833100 |  | 4057061 | 31225 | SH |  | SOLE |  | 0 | 0 | 31225 |
| PFIZER INC | COM | 717081103 |  | 3877466 | 75673 | SH |  | SOLE |  | 0 | 0 | 75673 |
| CISCO SYS INC | COM | 17275R102 |  | 3371249 | 70765 | SH |  | SOLE |  | 0 | 0 | 70765 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 3344117 | 66417 | SH |  | SOLE |  | 0 | 0 | 66417 |
| MERCK  CO INC | COM | 58933Y105 |  | 3301095 | 29753 | SH |  | SOLE |  | 0 | 0 | 29753 |
| PEPSICO INC | COM | 713448108 |  | 3204243 | 17736 | SH |  | SOLE |  | 0 | 0 | 17736 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 3066366 | 12359 | SH |  | SOLE |  | 0 | 0 | 12359 |
| ALLSTATE CORP | COM | 020002101 |  | 3052627 | 22512 | SH |  | SOLE |  | 0 | 0 | 22512 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 2857878 | 9271 | SH |  | SOLE |  | 0 | 0 | 9271 |
| AMGEN INC | COM | 031162100 |  | 2825129 | 10757 | SH |  | SOLE |  | 0 | 0 | 10757 |
| GENERAL MLS INC | COM | 370334104 |  | 2802938 | 33428 | SH |  | SOLE |  | 0 | 0 | 33428 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2798580 | 18465 | SH |  | SOLE |  | 0 | 0 | 18465 |
| HOME DEPOT INC | COM | 437076102 |  | 2706288 | 8568 | SH |  | SOLE |  | 0 | 0 | 8568 |
| ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 |  | 2596078 | 14483 | SH |  | SOLE |  | 0 | 0 | 14483 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2439192 | 14763 | SH |  | SOLE |  | 0 | 0 | 14763 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2430367 | 61684 | SH |  | SOLE |  | 0 | 0 | 61684 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2424056 | 13944 | SH |  | SOLE |  | 0 | 0 | 13944 |
| BLACKROCK RES  COMMODITIES | SHS | 09257A108 |  | 2406231 | 241347 | SH |  | SOLE |  | 0 | 0 | 241347 |
| LOWES COS INC | COM | 548661107 |  | 2255124 | 11319 | SH |  | SOLE |  | 0 | 0 | 11319 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2243432 | 12499 | SH |  | SOLE |  | 0 | 0 | 12499 |
| GENERAL MTRS CO | COM | 37045V100 |  | 2194445 | 65233 | SH |  | SOLE |  | 0 | 0 | 65233 |
| MCDONALDS CORP | COM | 580135101 |  | 2056135 | 7802 | SH |  | SOLE |  | 0 | 0 | 7802 |
| UNITED RENTALS INC | COM | 911363109 |  | 2050418 | 5769 | SH |  | SOLE |  | 0 | 0 | 5769 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1982857 | 11225 | SH |  | SOLE |  | 0 | 0 | 11225 |
| CDW CORP | COM | 12514G108 |  | 1915806 | 10728 | SH |  | SOLE |  | 0 | 0 | 10728 |
| EMERSON ELEC CO | COM | 291011104 |  | 1864744 | 19412 | SH |  | SOLE |  | 0 | 0 | 19412 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1858174 | 10954 | SH |  | SOLE |  | 0 | 0 | 10954 |
| PUBLIC STORAGE | COM | 74460D109 |  | 1783443 | 6365 | SH |  | SOLE |  | 0 | 0 | 6365 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 1744861 | 3198 | SH |  | SOLE |  | 0 | 0 | 3198 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1718357 | 12814 | SH |  | SOLE |  | 0 | 0 | 12814 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1712482 | 22034 | SH |  | SOLE |  | 0 | 0 | 22034 |
| CROWN HLDGS INC | COM | 228368106 |  | 1648968 | 20058 | SH |  | SOLE |  | 0 | 0 | 20058 |
| WALMART INC | COM | 931142103 |  | 1559567 | 10999 | SH |  | SOLE |  | 0 | 0 | 10999 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1478322 | 42274 | SH |  | SOLE |  | 0 | 0 | 42274 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1473062 | 13355 | SH |  | SOLE |  | 0 | 0 | 13355 |
| SILGAN HOLDINGS INC | COM | 827048109 |  | 1441359 | 27804 | SH |  | SOLE |  | 0 | 0 | 27804 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1440298 | 4142 | SH |  | SOLE |  | 0 | 0 | 4142 |
| TJX COS INC NEW | COM | 872540109 |  | 1431208 | 17980 | SH |  | SOLE |  | 0 | 0 | 17980 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 1420527 | 6158 | SH |  | SOLE |  | 0 | 0 | 6158 |
| HARLEY DAVIDSON INC | COM | 412822108 |  | 1413942 | 33989 | SH |  | SOLE |  | 0 | 0 | 33989 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 1313503 | 14699 | SH |  | SOLE |  | 0 | 0 | 14699 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1312398 | 3822 | SH |  | SOLE |  | 0 | 0 | 3822 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1302576 | 31547 | SH |  | SOLE |  | 0 | 0 | 31547 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 1267318 | 18692 | SH |  | SOLE |  | 0 | 0 | 18692 |
| HERSHEY CO | COM | 427866108 |  | 1252331 | 5408 | SH |  | SOLE |  | 0 | 0 | 5408 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 1208500 | 13199 | SH |  | SOLE |  | 0 | 0 | 13199 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 1203123 | 12749 | SH |  | SOLE |  | 0 | 0 | 12749 |
| BP PLC | SPONSORED ADR | 055622104 |  | 1163468 | 33309 | SH |  | SOLE |  | 0 | 0 | 33309 |
| OWENS CORNING NEW | COM | 690742101 |  | 1154962 | 13540 | SH |  | SOLE |  | 0 | 0 | 13540 |
| BROADCOM INC | COM | 11135F101 |  | 1112669 | 1990 | SH |  | SOLE |  | 0 | 0 | 1990 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1097128 | 24257 | SH |  | SOLE |  | 0 | 0 | 24257 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1094890 | 10818 | SH |  | SOLE |  | 0 | 0 | 10818 |
| STARBUCKS CORP | COM | 855244109 |  | 1094474 | 11033 | SH |  | SOLE |  | 0 | 0 | 11033 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1079750 | 7252 | SH |  | SOLE |  | 0 | 0 | 7252 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 1012663 | 1974 | SH |  | SOLE |  | 0 | 0 | 1974 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 999389 | 1885 | SH |  | SOLE |  | 0 | 0 | 1885 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 964650 | 8175 | SH |  | SOLE |  | 0 | 0 | 8175 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 961088 | 15197 | SH |  | SOLE |  | 0 | 0 | 15197 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 944893 | 16522 | SH |  | SOLE |  | 0 | 0 | 16522 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 937422 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 928498 | 3943 | SH |  | SOLE |  | 0 | 0 | 3943 |
| KRAFT HEINZ CO | COM | 500754106 |  | 887744 | 21807 | SH |  | SOLE |  | 0 | 0 | 21807 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 882540 | 18223 | SH |  | SOLE |  | 0 | 0 | 18223 |
| INTEL CORP | COM | 458140100 |  | 861791 | 32607 | SH |  | SOLE |  | 0 | 0 | 32607 |
| CIGNA CORP NEW | COM | 125523100 |  | 833673 | 2516 | SH |  | SOLE |  | 0 | 0 | 2516 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 825818 | 6477 | SH |  | SOLE |  | 0 | 0 | 6477 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 818764 | 8113 | SH |  | SOLE |  | 0 | 0 | 8113 |
| HUMANA INC | COM | 444859102 |  | 815406 | 1592 | SH |  | SOLE |  | 0 | 0 | 1592 |
| CATERPILLAR INC | COM | 149123101 |  | 805880 | 3364 | SH |  | SOLE |  | 0 | 0 | 3364 |
| WILLIAMS COS INC | COM | 969457100 |  | 789896 | 24009 | SH |  | SOLE |  | 0 | 0 | 24009 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 789731 | 17277 | SH |  | SOLE |  | 0 | 0 | 17277 |
| CVS HEALTH CORP | COM | 126650100 |  | 743190 | 7975 | SH |  | SOLE |  | 0 | 0 | 7975 |
| VISA INC | COM CL A | 92826C839 |  | 730371 | 3515 | SH |  | SOLE |  | 0 | 0 | 3515 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 715003 | 10538 | SH |  | SOLE |  | 0 | 0 | 10538 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 710489 | 10660 | SH |  | SOLE |  | 0 | 0 | 10660 |
| TRONOX HOLDINGS PLC | SHS | G9087Q102 |  | 650978 | 47482 | SH |  | SOLE |  | 0 | 0 | 47482 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 649407 | 3119 | SH |  | SOLE |  | 0 | 0 | 3119 |
| FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 |  | 628680 | 829 | SH |  | SOLE |  | 0 | 0 | 829 |
| ROSS STORES INC | COM | 778296103 |  | 620510 | 5346 | SH |  | SOLE |  | 0 | 0 | 5346 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 611575 | 5814 | SH |  | SOLE |  | 0 | 0 | 5814 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 591297 | 11358 | SH |  | SOLE |  | 0 | 0 | 11358 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 583263 | 6961 | SH |  | SOLE |  | 0 | 0 | 6961 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 581829 | 9121 | SH |  | SOLE |  | 0 | 0 | 9121 |
| LILLY ELI  CO | COM | 532457108 |  | 562662 | 1538 | SH |  | SOLE |  | 0 | 0 | 1538 |
| RESMED INC | COM | 761152107 |  | 561951 | 2700 | SH |  | SOLE |  | 0 | 0 | 2700 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 537975 | 3251 | SH |  | SOLE |  | 0 | 0 | 3251 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 525637 | 3731 | SH |  | SOLE |  | 0 | 0 | 3731 |
| SEMPRA | COM | 816851109 |  | 523582 | 3388 | SH |  | SOLE |  | 0 | 0 | 3388 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 510417 | 6640 | SH |  | SOLE |  | 0 | 0 | 6640 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 504048 | 10085 | SH |  | SOLE |  | 0 | 0 | 10085 |
| US BANCORP DEL | COM NEW | 902973304 |  | 465425 | 10672 | SH |  | SOLE |  | 0 | 0 | 10672 |
| HESS CORP | COM | 42809H107 |  | 465170 | 3280 | SH |  | SOLE |  | 0 | 0 | 3280 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 458667 | 3389 | SH |  | SOLE |  | 0 | 0 | 3389 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 458271 | 1861 | SH |  | SOLE |  | 0 | 0 | 1861 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 455515 | 5471 | SH |  | SOLE |  | 0 | 0 | 5471 |
| SHELL PLC | SPON ADS | 780259305 |  | 452365 | 7943 | SH |  | SOLE |  | 0 | 0 | 7943 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 452228 | 1849 | SH |  | SOLE |  | 0 | 0 | 1849 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 446361 | 1445 | SH |  | SOLE |  | 0 | 0 | 1445 |
| BAXTER INTL INC | COM | 071813109 |  | 435997 | 8554 | SH |  | SOLE |  | 0 | 0 | 8554 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 432151 | 4898 | SH |  | SOLE |  | 0 | 0 | 4898 |
| RPM INTL INC | COM | 749685103 |  | 429657 | 4409 | SH |  | SOLE |  | 0 | 0 | 4409 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 427771 | 8576 | SH |  | SOLE |  | 0 | 0 | 8576 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 426652 | 1841 | SH |  | SOLE |  | 0 | 0 | 1841 |
| AMAZON COM INC | COM | 023135106 |  | 416136 | 4954 | SH |  | SOLE |  | 0 | 0 | 4954 |
| FOX CORP | CL A COM | 35137L105 |  | 406229 | 13376 | SH |  | SOLE |  | 0 | 0 | 13376 |
| PPG INDS INC | COM | 693506107 |  | 403751 | 3211 | SH |  | SOLE |  | 0 | 0 | 3211 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 401739 | 2862 | SH |  | SOLE |  | 0 | 0 | 2862 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 396686 | 726 | SH |  | SOLE |  | 0 | 0 | 726 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 393934 | 8725 | SH |  | SOLE |  | 543 | 0 | 8182 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 382692 | 6246 | SH |  | SOLE |  | 0 | 0 | 6246 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 376971 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 358772 | 3864 | SH |  | SOLE |  | 0 | 0 | 3864 |
| CHUBB LIMITED | COM | H1467J104 |  | 356048 | 1614 | SH |  | SOLE |  | 0 | 0 | 1614 |
| ISHARES U S ETF TR | GSCI CMDTY STGY | 46431W853 |  | 351191 | 12458 | SH |  | SOLE |  | 0 | 0 | 12458 |
| UNION PAC CORP | COM | 907818108 |  | 345600 | 1669 | SH |  | SOLE |  | 0 | 0 | 1669 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 343517 | 2073 | SH |  | SOLE |  | 0 | 0 | 2073 |
| BOEING CO | COM | 097023105 |  | 342692 | 1799 | SH |  | SOLE |  | 0 | 0 | 1799 |
| YUM BRANDS INC | COM | 988498101 |  | 337635 | 2636 | SH |  | SOLE |  | 0 | 0 | 2636 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 336948 | 8428 | SH |  | SOLE |  | 0 | 0 | 8428 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 336699 | 8950 | SH |  | SOLE |  | 0 | 0 | 8950 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 332396 | 1763 | SH |  | SOLE |  | 0 | 0 | 1763 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 326169 | 3167 | SH |  | SOLE |  | 0 | 0 | 3167 |
| KONINKLIJKE PHILIPS N V | NY REGIS SHS NEW | 500472303 |  | 324264 | 21632 | SH |  | SOLE |  | 0 | 0 | 21632 |
| BANK AMERICA CORP | COM | 060505104 |  | 317452 | 9585 | SH |  | SOLE |  | 0 | 0 | 9585 |
| ABBVIE INC | COM | 00287Y109 |  | 308998 | 1912 | SH |  | SOLE |  | 0 | 0 | 1912 |
| BLACKROCK INC | COM | 09247X101 |  | 308963 | 436 | SH |  | SOLE |  | 0 | 0 | 436 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 302492 | 3254 | SH |  | SOLE |  | 0 | 0 | 3254 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 302020 | 3518 | SH |  | SOLE |  | 0 | 0 | 3518 |
| HONEYWELL INTL INC | COM | 438516106 |  | 276876 | 1292 | SH |  | SOLE |  | 0 | 0 | 1292 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 273821 | 3086 | SH |  | SOLE |  | 0 | 0 | 3086 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 273167 | 9518 | SH |  | SOLE |  | 0 | 0 | 9518 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 271898 | 11526 | SH |  | SOLE |  | 0 | 0 | 11526 |
| MDU RES GROUP INC | COM | 552690109 |  | 271797 | 8958 | SH |  | SOLE |  | 0 | 0 | 8958 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 270437 | 2531 | SH |  | SOLE |  | 0 | 0 | 2531 |
| CME GROUP INC | COM | 12572Q105 |  | 264011 | 1570 | SH |  | SOLE |  | 0 | 0 | 1570 |
| PIONEER NAT RES CO | COM | 723787107 |  | 262420 | 1149 | SH |  | SOLE |  | 0 | 0 | 1149 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 254942 | 1843 | SH |  | SOLE |  | 0 | 0 | 1843 |
| AT INC | COM | 00206R102 |  | 251794 | 13677 | SH |  | SOLE |  | 0 | 0 | 13677 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 251277 | 9144 | SH |  | SOLE |  | 0 | 0 | 9144 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 |  | 249142 | 5319 | SH |  | SOLE |  | 0 | 0 | 5319 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 248022 | 3240 | SH |  | SOLE |  | 0 | 0 | 3240 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 246510 | 929 | SH |  | SOLE |  | 0 | 0 | 929 |
| ABBOTT LABS | COM | 002824100 |  | 244393 | 2226 | SH |  | SOLE |  | 0 | 0 | 2226 |
| EXELON CORP | COM | 30161N101 |  | 241094 | 5577 | SH |  | SOLE |  | 0 | 0 | 5577 |
| CSX CORP | COM | 126408103 |  | 237369 | 7662 | SH |  | SOLE |  | 0 | 0 | 7662 |
| LINDE PLC | SHS | G5494J103 |  | 230935 | 708 | SH |  | SOLE |  | 0 | 0 | 708 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 229399 | 2416 | SH |  | SOLE |  | 0 | 0 | 2416 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 229233 | 3186 | SH |  | SOLE |  | 0 | 0 | 3186 |
| NEWELL BRANDS INC | COM | 651229106 |  | 227579 | 17399 | SH |  | SOLE |  | 0 | 0 | 17399 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 219065 | 2910 | SH |  | SOLE |  | 19 | 0 | 2891 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 211798 | 1341 | SH |  | SOLE |  | 0 | 0 | 1341 |
| EOG RES INC | COM | 26875P101 |  | 206455 | 1594 | SH |  | SOLE |  | 0 | 0 | 1594 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 204218 | 534 | SH |  | SOLE |  | 0 | 0 | 534 |
| CORTEVA INC | COM | 22052L104 |  | 201322 | 3425 | SH |  | SOLE |  | 0 | 0 | 3425 |
| UMPQUA HLDGS CORP | COM | 904214103 |  | 197171 | 11046 | SH |  | SOLE |  | 0 | 0 | 11046 |
| FORD MTR CO DEL | COM | 345370860 |  | 123335 | 10605 | SH |  | SOLE |  | 0 | 0 | 10605 |

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