# EDGAR Filing Document

**Accession Number:** 0001044905
**File Stem:** 0001044905-23-000001
**Filing Date:** 2023-2
**Character Count:** 28090
**Document Hash:** e9becc33754a17a0cd91deb8dc3d3003
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001044905-23-000001.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001044905-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**EFFECTIVENESS DATE**: 20230201

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PATTEN & PATTEN INC/TN
- **CENTRAL INDEX KEY:** 0001044905
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06515
- **FILM NUMBER:** 23575188

**BUSINESS ADDRESS:**
- **STREET 1:** 555 WALNUT STREET
- **STREET 2:** SUITE 280
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37402
- **BUSINESS PHONE:** 4237563480

**MAIL ADDRESS:**
- **STREET 1:** 555 WALNUT STREET
- **STREET 2:** SUITE 280
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37402

### 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:** PATTEN  PATTEN INC/TN<br>**Address:** 555 WALNUT STREET<br>SUITE 280<br>CHATTANOOGA, TN 37402

**Form 13F File Number:** 028-06515

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:** Stephanie P. Graham<br>**Title:** Chief Compliance Officer<br>**Phone:** 423 756 3780

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

Stephanie P. Graham  Chattanooga, TN  12-31-2022<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:** 260

**Form 13F Information Table Value Total:** $1101543

      (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 | COM | 88579Y101 |  | 3848 | 32085 | SH |  | SOLE |  | 32085 | 0 | 0 |
| A.O. Smith Corp. | COM | 831865209 |  | 13002 | 227147 | SH |  | SOLE |  | 227147 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 20589 | 187528 | SH |  | SOLE |  | 187528 | 0 | 0 |
| AbbVie Inc. | COM | 00287y109 |  | 30502 | 188736 | SH |  | SOLE |  | 188736 | 0 | 0 |
| Activision Inc. | COM | 00507V109 |  | 454 | 5927 | SH |  | SOLE |  | 5927 | 0 | 0 |
| Adobe Inc. | COM | 00724F101 |  | 10966 | 32585 | SH |  | SOLE |  | 32585 | 0 | 0 |
| Advanced Micro Devices | COM | 007903107 |  | 4758 | 73457 | SH |  | SOLE |  | 73457 | 0 | 0 |
| AFLAC Inc. | COM | 001055102 |  | 398 | 5530 | SH |  | SOLE |  | 5530 | 0 | 0 |
| Air Products and Chemical Co. | COM | 009158106 |  | 816 | 2648 | SH |  | SOLE |  | 2648 | 0 | 0 |
| Allstate Corp. | COM | 020002101 |  | 213 | 1574 | SH |  | SOLE |  | 1574 | 0 | 0 |
| Alphabet Inc Cl A | COM | 02079K305 |  | 20949 | 237440 | SH |  | SOLE |  | 237440 | 0 | 0 |
| Alphabet Inc Cl C | COM | 02079K107 |  | 8399 | 94660 | SH |  | SOLE |  | 94660 | 0 | 0 |
| ALPS REIT Dividend Dogs ETF | COM | 00162q106 |  | 338 | 8950 | SH |  | SOLE |  | 8950 | 0 | 0 |
| ALPS Trust Alerian MLP ETF | COM | 00162q452 |  | 1568 | 41197 | SH |  | SOLE |  | 41197 | 0 | 0 |
| Altria Group Inc. | COM | 02209S103 |  | 598 | 13087 | SH |  | SOLE |  | 13087 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 2546 | 30310 | SH |  | SOLE |  | 30310 | 0 | 0 |
| American Express | COM | 025816109 |  | 987 | 6680 | SH |  | SOLE |  | 6680 | 0 | 0 |
| American International Group I | COM | 026874784 |  | 420 | 6638 | SH |  | SOLE |  | 6638 | 0 | 0 |
| American Lithium Corp. | COM | 027259209 |  | 22 | 10715 | SH |  | SOLE |  | 10715 | 0 | 0 |
| American Tower Corporation | COM | 03027x100 |  | 3465 | 16357 | SH |  | SOLE |  | 16357 | 0 | 0 |
| American Water Works Inc. | COM | 030420103 |  | 4909 | 32210 | SH |  | SOLE |  | 32210 | 0 | 0 |
| Amgen | COM | 031162100 |  | 895 | 3409 | SH |  | SOLE |  | 3409 | 0 | 0 |
| Analog Devices Inc. | COM | 032654105 |  | 262 | 1597 | SH |  | SOLE |  | 1597 | 0 | 0 |
| Apple Inc Com | COM | 037833100 |  | 111183 | 855711 | SH |  | SOLE |  | 855711 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 |  | 1345 | 13816 | SH |  | SOLE |  | 13816 | 0 | 0 |
| Ashland Global Holdings Inc. | COM | 044186104 |  | 2401 | 22325 | SH |  | SOLE |  | 22325 | 0 | 0 |
| AT Inc. | COM | 00206r102 |  | 873 | 47433 | SH |  | SOLE |  | 47433 | 0 | 0 |
| Atmos Energy Corp | COM | 049560105 |  | 264 | 2352 | SH |  | SOLE |  | 2352 | 0 | 0 |
| Autodesk Inc. | COM | 052769106 |  | 365 | 1954 | SH |  | SOLE |  | 1954 | 0 | 0 |
| Automatic Data Processing | COM | 053015103 |  | 1554 | 6507 | SH |  | SOLE |  | 6507 | 0 | 0 |
| Bank of America Corp. | COM | 060505104 |  | 4561 | 137711 | SH |  | SOLE |  | 137711 | 0 | 0 |
| Bank of Montreal | COM | 063671101 |  | 252 | 2783 | SH |  | SOLE |  | 2783 | 0 | 0 |
| Becton Dickinson Co | COM | 075887109 |  | 2082 | 8186 | SH |  | SOLE |  | 8186 | 0 | 0 |
| Berkshire Hathaway Inc. Class | COM | 084670702 |  | 1270 | 4112 | SH |  | SOLE |  | 4112 | 0 | 0 |
| Boeing Corp. | COM | 097023105 |  | 2270 | 11916 | SH |  | SOLE |  | 11916 | 0 | 0 |
| BP Amoco PLC - Spons ADR | COM | 055622104 |  | 796 | 22783 | SH |  | SOLE |  | 22783 | 0 | 0 |
| Bristol Myers Squibb Co | COM | 110122108 |  | 7603 | 105674 | SH |  | SOLE |  | 105674 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 1443 | 2581 | SH |  | SOLE |  | 2581 | 0 | 0 |
| CACI International Inc. | COM | 127190304 |  | 286 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| Canadian National Railway Co. | COM | 136375102 |  | 10658 | 89656 | SH |  | SOLE |  | 89656 | 0 | 0 |
| CarMax Inc. | COM | 143130102 |  | 407 | 6685 | SH |  | SOLE |  | 6685 | 0 | 0 |
| Carrier Global Corp | COM | 14448C104 |  | 782 | 18949 | SH |  | SOLE |  | 18949 | 0 | 0 |
| Caterpillar | COM | 149123101 |  | 909 | 3794 | SH |  | SOLE |  | 3794 | 0 | 0 |
| ChevronTexaco Corporation | COM | 166764100 |  | 10577 | 58930 | SH |  | SOLE |  | 58930 | 0 | 0 |
| Cisco Systems Inc. | COM | 17275R102 |  | 14052 | 294966 | SH |  | SOLE |  | 294966 | 0 | 0 |
| Citigroup Inc. | COM | 172967424 |  | 4824 | 106651 | SH |  | SOLE |  | 106651 | 0 | 0 |
| Coca Cola Company | COM | 191216100 |  | 8182 | 128630 | SH |  | SOLE |  | 128630 | 0 | 0 |
| Colgate-Palmolive Co. | COM | 194162103 |  | 655 | 8311 | SH |  | SOLE |  | 8311 | 0 | 0 |
| Comcast Corporation - Class A | COM | 20030N101 |  | 5226 | 149434 | SH |  | SOLE |  | 149434 | 0 | 0 |
| Communication Services Select | COM | 81369y852 |  | 1145 | 23865 | SH |  | SOLE |  | 23865 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 25821 | 218821 | SH |  | SOLE |  | 218821 | 0 | 0 |
| Constellation Brands Inc. | COM | 21036P108 |  | 11450 | 49408 | SH |  | SOLE |  | 49408 | 0 | 0 |
| Corning Inc Com | COM | 219350105 |  | 660 | 20663 | SH |  | SOLE |  | 20663 | 0 | 0 |
| CoStar Group Inc. | COM | 22160n109 |  | 339 | 4382 | SH |  | SOLE |  | 4382 | 0 | 0 |
| Costco Wholesale Corp. | COM | 22160K105 |  | 13996 | 30658 | SH |  | SOLE |  | 30658 | 0 | 0 |
| Crown Castle International Cor | COM | 22822v101 |  | 997 | 7347 | SH |  | SOLE |  | 7347 | 0 | 0 |
| CVS/Caremark Corp. | COM | 126650100 |  | 1007 | 10811 | SH |  | SOLE |  | 10811 | 0 | 0 |
| Deere  Co. | COM | 244199105 |  | 767 | 1788 | SH |  | SOLE |  | 1788 | 0 | 0 |
| Delta Airlines | COM | 247361702 |  | 9263 | 281878 | SH |  | SOLE |  | 281878 | 0 | 0 |
| DexCom Inc. | COM | 252131107 |  | 5391 | 47609 | SH |  | SOLE |  | 47609 | 0 | 0 |
| Digital Realty Trust Inc. | COM | 253868103 |  | 3520 | 35106 | SH |  | SOLE |  | 35106 | 0 | 0 |
| Dixie Group Inc. | COM | 255519100 |  | 27 | 33300 | SH |  | SOLE |  | 33300 | 0 | 0 |
| DJ US Medical Devices ISHARES | COM | 464288810 |  | 315 | 5990 | SH |  | SOLE |  | 5990 | 0 | 0 |
| DocuSign Inc. | COM | 256163106 |  | 1271 | 22931 | SH |  | SOLE |  | 22931 | 0 | 0 |
| Dolby Laboratories Inc. | COM | 25659t107 |  | 2773 | 39310 | SH |  | SOLE |  | 39310 | 0 | 0 |
| Dollar General | COM | 256677105 |  | 768 | 3119 | SH |  | SOLE |  | 3119 | 0 | 0 |
| Dominion Res Inc VA New | COM | 25746U109 |  | 844 | 13767 | SH |  | SOLE |  | 13767 | 0 | 0 |
| Dover Corp. | COM | 260003108 |  | 400 | 2954 | SH |  | SOLE |  | 2954 | 0 | 0 |
| Dow Inc. | COM | 260557103 |  | 1410 | 27984 | SH |  | SOLE |  | 27984 | 0 | 0 |
| Duke Energy Corp. | COM | 26441C204 |  | 8477 | 82306 | SH |  | SOLE |  | 82306 | 0 | 0 |
| Dupont De Nemours Inc. | COM | 26614N102 |  | 311 | 4528 | SH |  | SOLE |  | 4528 | 0 | 0 |
| Eaton Corp. PLC | COM | G29183103 |  | 1371 | 8738 | SH |  | SOLE |  | 8738 | 0 | 0 |
| Ecolab | COM | 278865100 |  | 3880 | 26655 | SH |  | SOLE |  | 26655 | 0 | 0 |
| Edwards Lifesciences Corp. | COM | 28176E108 |  | 13603 | 182321 | SH |  | SOLE |  | 182321 | 0 | 0 |
| Electronic Arts Inc. | COM | 285512109 |  | 867 | 7095 | SH |  | SOLE |  | 7095 | 0 | 0 |
| Eli Lilly | COM | 532457108 |  | 4358 | 11911 | SH |  | SOLE |  | 11911 | 0 | 0 |
| Emerson Elec Co Com | COM | 291011104 |  | 950 | 9893 | SH |  | SOLE |  | 9893 | 0 | 0 |
| Enbridge Inc | COM | 29250N105 |  | 466 | 11927 | SH |  | SOLE |  | 11927 | 0 | 0 |
| Energy Select Sector SPDR | COM | 81369y506 |  | 1013 | 11578 | SH |  | SOLE |  | 11578 | 0 | 0 |
| Enterprise Products Partners | COM | 293792107 |  | 429 | 17793 | SH |  | SOLE |  | 17793 | 0 | 0 |
| Exact Sciences Corp | COM | 30063P105 |  | 1138 | 22980 | SH |  | SOLE |  | 22980 | 0 | 0 |
| Exelon Corporation | COM | 30161N101 |  | 216 | 4996 | SH |  | SOLE |  | 4996 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 8627 | 78213 | SH |  | SOLE |  | 78213 | 0 | 0 |
| FEDEX Corporation | COM | 31428X106 |  | 2490 | 14377 | SH |  | SOLE |  | 14377 | 0 | 0 |
| Financial Select Sector SPDR ( | COM | 81369y605 |  | 970 | 28367 | SH |  | SOLE |  | 28367 | 0 | 0 |
| First Republic Bank | COM | 33616c100 |  | 244 | 2005 | SH |  | SOLE |  | 2005 | 0 | 0 |
| Freeport-McMoran Copper | COM | 35671D857 |  | 4603 | 121122 | SH |  | SOLE |  | 121122 | 0 | 0 |
| Generac Holdings Inc. | COM | 368736104 |  | 1799 | 17873 | SH |  | SOLE |  | 17873 | 0 | 0 |
| General Dynamics | COM | 369550108 |  | 346 | 1393 | SH |  | SOLE |  | 1393 | 0 | 0 |
| General Electric Corp. | COM | 369604301 |  | 1405 | 16763 | SH |  | SOLE |  | 16763 | 0 | 0 |
| General Mills | COM | 370334104 |  | 683 | 8146 | SH |  | SOLE |  | 8146 | 0 | 0 |
| General Motors | COM | 37045V100 |  | 5683 | 168924 | SH |  | SOLE |  | 168924 | 0 | 0 |
| Goldman Sachs Group Inc. | COM | 38141G104 |  | 1218 | 3547 | SH |  | SOLE |  | 3547 | 0 | 0 |
| Graftech International Ltd. | COM | 384313508 |  | 566 | 118955 | SH |  | SOLE |  | 118955 | 0 | 0 |
| GXO Logistics Inc | COM | 36262g101 |  | 342 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| HCA Healthcare Co. | COM | 40412c101 |  | 3169 | 13208 | SH |  | SOLE |  | 13208 | 0 | 0 |
| Health Care Select Sector | COM | 81369y209 |  | 5174 | 38087 | SH |  | SOLE |  | 38087 | 0 | 0 |
| Hilton Worldwide Holdings Inc. | COM | 43300A203 |  | 5744 | 45461 | SH |  | SOLE |  | 45461 | 0 | 0 |
| Hologic Inc. | COM | 436440101 |  | 1846 | 24670 | SH |  | SOLE |  | 24670 | 0 | 0 |
| Home Depot | COM | 437076102 |  | 8800 | 27859 | SH |  | SOLE |  | 27859 | 0 | 0 |
| Honeywell International Inc. | COM | 438516106 |  | 8721 | 40693 | SH |  | SOLE |  | 40693 | 0 | 0 |
| I Shares Transportation Index | COM | 464287192 |  | 331 | 1550 | SH |  | SOLE |  | 1550 | 0 | 0 |
| Imperial Oil Ltd. | COM | 453038408 |  | 468 | 9604 | SH |  | SOLE |  | 9604 | 0 | 0 |
| Industrial Select Spdr | COM | 81369y704 |  | 1921 | 19557 | SH |  | SOLE |  | 19557 | 0 | 0 |
| Ingevity Corporation | COM | 45688C107 |  | 9117 | 129429 | SH |  | SOLE |  | 129429 | 0 | 0 |
| Intel Corporation | COM | 458140100 |  | 4212 | 159365 | SH |  | SOLE |  | 159365 | 0 | 0 |
| International Business Machine | COM | 459200101 |  | 696 | 4941 | SH |  | SOLE |  | 4941 | 0 | 0 |
| Intuit Inc. | COM | 461202103 |  | 9039 | 23224 | SH |  | SOLE |  | 23224 | 0 | 0 |
| Invesco QQQ Trust Series 1 | COM | 46090E103 |  | 1447 | 5435 | SH |  | SOLE |  | 5435 | 0 | 0 |
| Invesco S 500 High Dividend | COM | 46138E362 |  | 1368 | 31200 | SH |  | SOLE |  | 31200 | 0 | 0 |
| Invesco S 500 Low Volatility | COM | 46138E354 |  | 1042 | 16300 | SH |  | SOLE |  | 16300 | 0 | 0 |
| Invesco S Equal Weight ETF | COM | 46137V357 |  | 1339 | 9482 | SH |  | SOLE |  | 9482 | 0 | 0 |
| IShares Core S 500 Index Fun | COM | 464287200 |  | 1530 | 3982 | SH |  | SOLE |  | 3982 | 0 | 0 |
| IShares Core S Midcap 400 In | COM | 464287507 |  | 528 | 2183 | SH |  | SOLE |  | 2183 | 0 | 0 |
| iShares Core S U.S Growth ET | COM | 464287671 |  | 462 | 5664 | SH |  | SOLE |  | 5664 | 0 | 0 |
| iShares Core S U.S. Value ET | COM | 464287663 |  | 261 | 3695 | SH |  | SOLE |  | 3695 | 0 | 0 |
| IShares DJ US Financial Sect | COM | 464287788 |  | 10127 | 134179 | SH |  | SOLE |  | 134179 | 0 | 0 |
| IShares DJ US Financial Servic | COM | 464287770 |  | 1338 | 8492 | SH |  | SOLE |  | 8492 | 0 | 0 |
| Ishares DJ US Healthcare | COM | 464287762 |  | 237 | 835 | SH |  | SOLE |  | 835 | 0 | 0 |
| IShares Dow Jones Intl Select | COM | 464288448 |  | 421 | 15510 | SH |  | SOLE |  | 15510 | 0 | 0 |
| Ishares Dow Jones Select Divid | COM | 464287168 |  | 1036 | 8593 | SH |  | SOLE |  | 8593 | 0 | 0 |
| iShares Dow Jones U.S. Consume | COM | 464287580 |  | 450 | 7902 | SH |  | SOLE |  | 7902 | 0 | 0 |
| iShares Dow Jones U.S. Technol | COM | 464287721 |  | 913 | 12255 | SH |  | SOLE |  | 12255 | 0 | 0 |
| IShares Dow Jones US Pharmaceu | COM | 464288836 |  | 1115 | 5988 | SH |  | SOLE |  | 5988 | 0 | 0 |
| iShares Dow Jones US Regional | COM | 464288778 |  | 479 | 10065 | SH |  | SOLE |  | 10065 | 0 | 0 |
| iShares Gold Trust | COM | 464285204 |  | 315 | 9096 | SH |  | SOLE |  | 9096 | 0 | 0 |
| iShares High Dividend Equity F | COM | 46429b663 |  | 1016 | 9751 | SH |  | SOLE |  | 9751 | 0 | 0 |
| IShares MSCI EAFE Index Fund ( | COM | 464287465 |  | 225 | 3431 | SH |  | SOLE |  | 3431 | 0 | 0 |
| IShares MSCI Emergin Mkt | COM | 464287234 |  | 2166 | 57155 | SH |  | SOLE |  | 57155 | 0 | 0 |
| Ishares MSCI USA Minimum Volat | COM | 46429B697 |  | 284 | 3933 | SH |  | SOLE |  | 3933 | 0 | 0 |
| IShares Russell 1000 Growth | COM | 464287614 |  | 305 | 1423 | SH |  | SOLE |  | 1423 | 0 | 0 |
| Ishares Russell 2000 | COM | 464287655 |  | 1943 | 11141 | SH |  | SOLE |  | 11141 | 0 | 0 |
| IShares Russell 2000 Value | COM | 464287630 |  | 386 | 2780 | SH |  | SOLE |  | 2780 | 0 | 0 |
| Ishares S Global Tech Sector | COM | 464287291 |  | 22844 | 509580 | SH |  | SOLE |  | 509580 | 0 | 0 |
| IShares S Smallcap 600 | COM | 464287804 |  | 279 | 2946 | SH |  | SOLE |  | 2946 | 0 | 0 |
| Johnson and Johnson | COM | 478160104 |  | 18478 | 104601 | SH |  | SOLE |  | 104601 | 0 | 0 |
| JP Morgan Chase  Co Com | COM | 46625H100 |  | 19110 | 142503 | SH |  | SOLE |  | 142503 | 0 | 0 |
| JPMorgan Equity Premium Income | COM | 46641q332 |  | 13172 | 241728 | SH |  | SOLE |  | 241728 | 0 | 0 |
| KBW Regional Banking Index | COM | 78464a698 |  | 866 | 14740 | SH |  | SOLE |  | 14740 | 0 | 0 |
| Keycorp | COM | 493267108 |  | 261 | 14961 | SH |  | SOLE |  | 14961 | 0 | 0 |
| Kimberly-Clark | COM | 494368103 |  | 1702 | 12541 | SH |  | SOLE |  | 12541 | 0 | 0 |
| Kinder Morgan Inc | COM | 49456b101 |  | 214 | 11819 | SH |  | SOLE |  | 11819 | 0 | 0 |
| Kroger | COM | 501044101 |  | 1706 | 38263 | SH |  | SOLE |  | 38263 | 0 | 0 |
| L3Harris Technologies Inc. | COM | 502431109 |  | 313 | 1503 | SH |  | SOLE |  | 1503 | 0 | 0 |
| Lincoln Electric (leco) | COM | 533900106 |  | 7188 | 49750 | SH |  | SOLE |  | 49750 | 0 | 0 |
| Linde PLC | COM | G5494J103 |  | 1515 | 4645 | SH |  | SOLE |  | 4645 | 0 | 0 |
| Lockheed Martin Corporation | COM | 539830109 |  | 1139 | 2342 | SH |  | SOLE |  | 2342 | 0 | 0 |
| Louisiana Pacific | COM | 546347105 |  | 13415 | 226608 | SH |  | SOLE |  | 226608 | 0 | 0 |
| Lowe's Companies | COM | 548661107 |  | 5241 | 26305 | SH |  | SOLE |  | 26305 | 0 | 0 |
| Lululemon Athletica Inc | COM | 550021109 |  | 5179 | 16165 | SH |  | SOLE |  | 16165 | 0 | 0 |
| Marriott International Inc. Cl | COM | 571903202 |  | 885 | 5947 | SH |  | SOLE |  | 5947 | 0 | 0 |
| Masco Corp. | COM | 574599106 |  | 656 | 14060 | SH |  | SOLE |  | 14060 | 0 | 0 |
| MasterCard Inc. - Class A | COM | 57636Q104 |  | 2482 | 7137 | SH |  | SOLE |  | 7137 | 0 | 0 |
| McDonald's Corp. | COM | 580135101 |  | 2404 | 9124 | SH |  | SOLE |  | 9124 | 0 | 0 |
| Medtronic PLC | COM | G5960L103 |  | 543 | 6981 | SH |  | SOLE |  | 6981 | 0 | 0 |
| Merck  Co. Inc. | COM | 58933y105 |  | 15094 | 136042 | SH |  | SOLE |  | 136042 | 0 | 0 |
| Meta Platforms Inc. | COM | 30303M102 |  | 333 | 2765 | SH |  | SOLE |  | 2765 | 0 | 0 |
| Micron Technology | COM | 595112103 |  | 221 | 4413 | SH |  | SOLE |  | 4413 | 0 | 0 |
| Microsoft Inc. | COM | 594918104 |  | 39520 | 164790 | SH |  | SOLE |  | 164790 | 0 | 0 |
| Moderna Inc. | COM | 60770k107 |  | 1820 | 10131 | SH |  | SOLE |  | 10131 | 0 | 0 |
| Mohawk Industries | COM | 608190104 |  | 878 | 8594 | SH |  | SOLE |  | 8594 | 0 | 0 |
| Mondelez International Inc. (A | COM | 609207105 |  | 597 | 8958 | SH |  | SOLE |  | 8958 | 0 | 0 |
| Morgan Stanley Com New | COM | 617446448 |  | 3135 | 36874 | SH |  | SOLE |  | 36874 | 0 | 0 |
| Nestle SA Spons ADR for REG | COM | 641069406 |  | 816 | 7075 | SH |  | SOLE |  | 7075 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 852 | 2891 | SH |  | SOLE |  | 2891 | 0 | 0 |
| NextEra Energy Inc. | COM | 65339f101 |  | 15679 | 187546 | SH |  | SOLE |  | 187546 | 0 | 0 |
| Nike Inc. Class B | COM | 654106103 |  | 9574 | 81820 | SH |  | SOLE |  | 81820 | 0 | 0 |
| Nokia Corp - ADR | COM | 654902204 |  | 400 | 86180 | SH |  | SOLE |  | 86180 | 0 | 0 |
| Norfolk Southern Corp. | COM | 655844108 |  | 5064 | 20552 | SH |  | SOLE |  | 20552 | 0 | 0 |
| Northrop Grumman Corp. | COM | 666807102 |  | 2024 | 3710 | SH |  | SOLE |  | 3710 | 0 | 0 |
| Novartis A G Sponsored ADR | COM | 66987V109 |  | 4226 | 46582 | SH |  | SOLE |  | 46582 | 0 | 0 |
| Nucor Corp | COM | 670346105 |  | 262 | 1985 | SH |  | SOLE |  | 1985 | 0 | 0 |
| Nuvista Energy Ltd. | COM | 67072q104 |  | 92 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| Nvidia Corp | COM | 67066G104 |  | 1581 | 10817 | SH |  | SOLE |  | 10817 | 0 | 0 |
| O'Reilly Automotive Inc. | COM | 67103H107 |  | 6599 | 7818 | SH |  | SOLE |  | 7818 | 0 | 0 |
| Oracle Systems Corp | COM | 68389X105 |  | 571 | 6980 | SH |  | SOLE |  | 6980 | 0 | 0 |
| Otis Worldwide Corp. | COM | 68902V107 |  | 325 | 4150 | SH |  | SOLE |  | 4150 | 0 | 0 |
| Park Hotels  Resorts Inc. | COM | 700517105 |  | 802 | 68000 | SH |  | SOLE |  | 68000 | 0 | 0 |
| Paychex Inc. | COM | 704326107 |  | 754 | 6521 | SH |  | SOLE |  | 6521 | 0 | 0 |
| PayPal Holdings Inc. | COM | 70450Y103 |  | 8718 | 122408 | SH |  | SOLE |  | 122408 | 0 | 0 |
| Pepsico | COM | 713448108 |  | 9011 | 49880 | SH |  | SOLE |  | 49880 | 0 | 0 |
| Pfizer | COM | 717081103 |  | 4997 | 97520 | SH |  | SOLE |  | 97520 | 0 | 0 |
| Philip Morris International I | COM | 718172109 |  | 861 | 8509 | SH |  | SOLE |  | 8509 | 0 | 0 |
| Phillips 66 | COM | 718546104 |  | 2209 | 21227 | SH |  | SOLE |  | 21227 | 0 | 0 |
| Pinnacle Financial Partners I | COM | 72346q104 |  | 2211 | 30116 | SH |  | SOLE |  | 30116 | 0 | 0 |
| Planet Fitness Inc. - Cl A | COM | 72703h101 |  | 5979 | 75878 | SH |  | SOLE |  | 75878 | 0 | 0 |
| PPG Industries | COM | 693506107 |  | 240 | 1910 | SH |  | SOLE |  | 1910 | 0 | 0 |
| Procter and Gamble | COM | 742718109 |  | 3353 | 22124 | SH |  | SOLE |  | 22124 | 0 | 0 |
| Progressive Corp. | COM | 743315103 |  | 21641 | 166838 | SH |  | SOLE |  | 166838 | 0 | 0 |
| Prologis Inc. | COM | 74340w103 |  | 2976 | 26402 | SH |  | SOLE |  | 26402 | 0 | 0 |
| Prudential Financial Inc. | COM | 744320102 |  | 981 | 9864 | SH |  | SOLE |  | 9864 | 0 | 0 |
| Pultegroup Inc. | COM | 745867101 |  | 6505 | 142869 | SH |  | SOLE |  | 142869 | 0 | 0 |
| Qualcomm Inc. | COM | 747525103 |  | 9292 | 84523 | SH |  | SOLE |  | 84523 | 0 | 0 |
| Raytheon Technologies Corp. | COM | 75513E101 |  | 13661 | 135368 | SH |  | SOLE |  | 135368 | 0 | 0 |
| Regeneron Pharmaceuticals | COM | 75886F107 |  | 332 | 460 | SH |  | SOLE |  | 460 | 0 | 0 |
| Regions Financial Corp. | COM | 7591ep100 |  | 1599 | 74159 | SH |  | SOLE |  | 74159 | 0 | 0 |
| Republic Svcs Inc Com | COM | 760759100 |  | 1655 | 12834 | SH |  | SOLE |  | 12834 | 0 | 0 |
| Resmed Inc. | COM | 761152107 |  | 347 | 1667 | SH |  | SOLE |  | 1667 | 0 | 0 |
| Roche Hldg LTD Sponsored ADR | COM | 771195104 |  | 684 | 17472 | SH |  | SOLE |  | 17472 | 0 | 0 |
| Royal Bank of Canada | COM | 780087102 |  | 595 | 6330 | SH |  | SOLE |  | 6330 | 0 | 0 |
| S  P 500 Depositary Receipt ( | COM | 78462F103 |  | 10409 | 27218 | SH |  | SOLE |  | 27218 | 0 | 0 |
| S Global Inc. | COM | 78409V104 |  | 343 | 1024 | SH |  | SOLE |  | 1024 | 0 | 0 |
| Schwab US Dividend Equity ETF | COM | 808524797 |  | 435 | 5765 | SH |  | SOLE |  | 5765 | 0 | 0 |
| Schwab US Large Cap ETC | COM | 808524201 |  | 212 | 4690 | SH |  | SOLE |  | 4690 | 0 | 0 |
| Sempra Energy | COM | 816851109 |  | 215 | 1388 | SH |  | SOLE |  | 1388 | 0 | 0 |
| Shell PLC ADR | COM | 780259305 |  | 282 | 4958 | SH |  | SOLE |  | 4958 | 0 | 0 |
| Southern Co. | COM | 842587107 |  | 1371 | 19192 | SH |  | SOLE |  | 19192 | 0 | 0 |
| Southwest Airlines Co. | COM | 844741108 |  | 1032 | 30660 | SH |  | SOLE |  | 30660 | 0 | 0 |
| SPDR Dow Jones Industrial Aver | COM | 78467X109 |  | 275 | 831 | SH |  | SOLE |  | 831 | 0 | 0 |
| SPDR Gold Trust | COM | 78463v107 |  | 824 | 4857 | SH |  | SOLE |  | 4857 | 0 | 0 |
| SPDR S 500 Growth ETF | COM | 78464a409 |  | 226 | 4452 | SH |  | SOLE |  | 4452 | 0 | 0 |
| SPDR S Biotech ETF (xbi) | COM | 78464A870 |  | 660 | 7950 | SH |  | SOLE |  | 7950 | 0 | 0 |
| SPDR S Dividend ETF | COM | 78464a763 |  | 423 | 3385 | SH |  | SOLE |  | 3385 | 0 | 0 |
| SPDR S Metals  Mining ETF | COM | 78464a755 |  | 238 | 4770 | SH |  | SOLE |  | 4770 | 0 | 0 |
| Starbucks Corp. | COM | 855244109 |  | 537 | 5418 | SH |  | SOLE |  | 5418 | 0 | 0 |
| Straumann Holding AG | COM | 013293546 |  | 317 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| T-Mobile US Inc. | COM | 872590104 |  | 838 | 5989 | SH |  | SOLE |  | 5989 | 0 | 0 |
| Target Corporation | COM | 87612E106 |  | 1561 | 10474 | SH |  | SOLE |  | 10474 | 0 | 0 |
| Technology Select Sect Spdr (x | COM | 81369y803 |  | 1934 | 15542 | SH |  | SOLE |  | 15542 | 0 | 0 |
| Tesla Motors Inc. | COM | 88160r101 |  | 598 | 4856 | SH |  | SOLE |  | 4856 | 0 | 0 |
| Texas Instruments | COM | 882508104 |  | 10713 | 64841 | SH |  | SOLE |  | 64841 | 0 | 0 |
| Texas Pacific Land Trust | COM | 882610108 |  | 750 | 320 | SH |  | SOLE |  | 320 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 316 | 573 | SH |  | SOLE |  | 573 | 0 | 0 |
| TJX Companies | COM | 872540109 |  | 13198 | 165798 | SH |  | SOLE |  | 165798 | 0 | 0 |
| Toll Brothers Inc | COM | 889478103 |  | 213 | 4270 | SH |  | SOLE |  | 4270 | 0 | 0 |
| Tractor Supply Company | COM | 892356106 |  | 19302 | 85797 | SH |  | SOLE |  | 85797 | 0 | 0 |
| Travelers Companies Inc. | COM | 89417e109 |  | 218 | 1162 | SH |  | SOLE |  | 1162 | 0 | 0 |
| Truist Financial Corp. | COM | 89832Q109 |  | 8303 | 192955 | SH |  | SOLE |  | 192955 | 0 | 0 |
| Ulta Salon Cosemetics  Fragra | COM | 90384S303 |  | 1820 | 3879 | SH |  | SOLE |  | 3879 | 0 | 0 |
| Union Pacific | COM | 907818108 |  | 1102 | 5323 | SH |  | SOLE |  | 5323 | 0 | 0 |
| United Parcel Service Co | COM | 911312106 |  | 557 | 3206 | SH |  | SOLE |  | 3206 | 0 | 0 |
| UnitedHealth Group | COM | 91324P102 |  | 19405 | 36601 | SH |  | SOLE |  | 36601 | 0 | 0 |
| Unum Group Com | COM | 91529Y106 |  | 524 | 12771 | SH |  | SOLE |  | 12771 | 0 | 0 |
| Utilities Select Sector SPDR F | COM | 81369Y886 |  | 1813 | 25722 | SH |  | SOLE |  | 25722 | 0 | 0 |
| VanEck Oil Services ETF | COM | 92189H607 |  | 234 | 770 | SH |  | SOLE |  | 770 | 0 | 0 |
| Vanguard Dividend Appreciation | COM | 921908844 |  | 985 | 6484 | SH |  | SOLE |  | 6484 | 0 | 0 |
| Vanguard Emerging Market ETF | COM | 922042858 |  | 947 | 24299 | SH |  | SOLE |  | 24299 | 0 | 0 |
| Vanguard Energy ETF | COM | 92204a306 |  | 699 | 5763 | SH |  | SOLE |  | 5763 | 0 | 0 |
| Vanguard Growth ETF | COM | 922908736 |  | 1008 | 4728 | SH |  | SOLE |  | 4728 | 0 | 0 |
| Vanguard Health Care ETF | COM | 92204a504 |  | 422 | 1703 | SH |  | SOLE |  | 1703 | 0 | 0 |
| Vanguard Information Technolog | COM | 92204a702 |  | 537 | 1680 | SH |  | SOLE |  | 1680 | 0 | 0 |
| Vanguard Mid-Cap Value ETF | COM | 922908512 |  | 208 | 1535 | SH |  | SOLE |  | 1535 | 0 | 0 |
| Vanguard REIT Index ETF | COM | 922908553 |  | 273 | 3309 | SH |  | SOLE |  | 3309 | 0 | 0 |
| Vanguard S 500 ETF | COM | 922908363 |  | 4434 | 12621 | SH |  | SOLE |  | 12621 | 0 | 0 |
| Vanguard US Total Stock Market | COM | 922908769 |  | 462 | 2414 | SH |  | SOLE |  | 2414 | 0 | 0 |
| Vanguard Utilities ETF | COM | 92204a876 |  | 255 | 1662 | SH |  | SOLE |  | 1662 | 0 | 0 |
| Verizon Communications Inc. | COM | 92343V104 |  | 3990 | 101268 | SH |  | SOLE |  | 101268 | 0 | 0 |
| Visa Inc. - Cl. A | COM | 92826c839 |  | 24144 | 116212 | SH |  | SOLE |  | 116212 | 0 | 0 |
| Vulcan Matls Co Com | COM | 929160109 |  | 1249 | 7135 | SH |  | SOLE |  | 7135 | 0 | 0 |
| Wal-Mart Stores | COM | 931142103 |  | 9135 | 64423 | SH |  | SOLE |  | 64423 | 0 | 0 |
| Walgreens Boots Alliance Inc. | COM | 931427108 |  | 1662 | 44495 | SH |  | SOLE |  | 44495 | 0 | 0 |
| Walt Disney | COM | 254687106 |  | 3513 | 40439 | SH |  | SOLE |  | 40439 | 0 | 0 |
| Wells Fargo | COM | 949746101 |  | 235 | 5689 | SH |  | SOLE |  | 5689 | 0 | 0 |
| WestRock Company | COM | 96145D105 |  | 40642 | 1155924 | SH |  | SOLE |  | 1155924 | 0 | 0 |
| Weyerhaeuser Co. | COM | 962166104 |  | 6785 | 218857 | SH |  | SOLE |  | 218857 | 0 | 0 |
| Williams-Sonoma Inc. | COM | 969904101 |  | 340 | 2957 | SH |  | SOLE |  | 2957 | 0 | 0 |
| Williams Companies Inc. | COM | 969457100 |  | 239 | 7250 | SH |  | SOLE |  | 7250 | 0 | 0 |
| XPO Logistics | COM | 983793100 |  | 391 | 11750 | SH |  | SOLE |  | 11750 | 0 | 0 |
| Xylem Inc. | COM | 98419m100 |  | 2650 | 23965 | SH |  | SOLE |  | 23965 | 0 | 0 |
| Zoetis Inc. | COM | 98978v103 |  | 2568 | 17525 | SH |  | SOLE |  | 17525 | 0 | 0 |

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