The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M ORD COMMON 88579Y101 30,643,530 211,000 SH SOLE 211,000 0 0
ABBOTT LABORATORIES ORD COMMON 002824100 24,414,926 237,800 SH SOLE 237,800 0 0
ABBVIE ORD COMMON 00287Y109 123,273,332 566,800 SH SOLE 566,800 0 0
ACCENTURE CL A ORD COMMON G1151C101 67,022,020 338,000 SH SOLE 338,000 0 0
AIR PRODUCTS AND CHEMICALS ORD COMMON 009158106 42,382,491 145,900 SH SOLE 145,900 0 0
AMERICAN TOWER REIT COMMON 03027X100 34,795,407 201,619 SH SOLE 201,619 0 0
ANALOG DEVICES ORD COMMON 032654105 141,849,082 445,870 SH SOLE 445,870 0 0
APPLE ORD COMMON 037833100 709,854,691 2,797,016 SH SOLE 2,797,016 0 0
ARES MANAGEMENT CL A ORD COMMON 03990B101 38,529,101 353,154 SH SOLE 353,154 0 0
ARTHUR J GALLAGHER ORD COMMON 363576109 56,583,474 261,259 SH SOLE 261,259 0 0
AT&T ORD COMMON 00206R102 15,422,680 532,000 SH SOLE 532,000 0 0
AUTOMATIC DATA PROCESSING ORD COMMON 053015103 47,290,145 232,750 SH SOLE 232,750 0 0
BLACKROCK ORD COMMON 09290D101 27,739,563 28,844 SH SOLE 28,844 0 0
BROADCOM ORD COMMON 11135F101 446,826,897 1,443,659 SH SOLE 1,443,659 0 0
CHEVRON ORD COMMON 166764100 7,270,259 35,139 SH SOLE 35,139 0 0
CISCO SYSTEMS ORD COMMON 17275R102 197,582,935 2,546,500 SH SOLE 2,546,500 0 0
CME GROUP CL A ORD COMMON 12572Q105 295,940,700 1,002,000 SH SOLE 1,002,000 0 0
COMCAST CL A ORD COMMON 20030N101 25,599,272 891,650 SH SOLE 891,650 0 0
DOLLAR GENERAL ORD COMMON 256677105 24,933,300 210,000 SH SOLE 210,000 0 0
DOVER ORD COMMON 260003108 175,848,420 843,600 SH SOLE 843,600 0 0
DUKE ENERGY ORD COMMON 26441C204 5,078,377 38,784 SH SOLE 38,784 0 0
ENBRIDGE ORD COMMON 29250N105 10,060,728 185,828 SH SOLE 185,828 0 0
HASBRO ORD COMMON 418056107 24,392,160 260,600 SH SOLE 260,600 0 0
HOME DEPOT ORD COMMON 437076102 140,124,900 426,054 SH SOLE 426,054 0 0
HONEYWELL INTERNATIONAL ORD COMMON 438516106 189,300,125 837,500 SH SOLE 837,500 0 0
JOHNSON & JOHNSON ORD COMMON 478160104 49,132,440 201,000 SH SOLE 201,000 0 0
JPMORGAN CHASE ORD COMMON 46625H100 26,474,400 90,000 SH SOLE 90,000 0 0
LAM RESEARCH ORD COMMON US5128073 31,621,680 148,000 SH SOLE 148,000 0 0
LYONDELLBASELL INDUSTRIES CL A ORD COMMON N53745100 9,827,595 121,991 SH SOLE 121,991 0 0
MARSH ORD COMMON 571748102 48,277,032 278,334 SH SOLE 278,334 0 0
MCDONALD'S ORD COMMON 580135101 139,121,414 447,638 SH SOLE 447,638 0 0
MICROCHIP TECHNOLOGY ORD COMMON 595017104 69,860,661 1,081,267 SH SOLE 1,081,267 0 0
MICROSOFT ORD COMMON 594918104 181,808,996 491,150 SH SOLE 491,150 0 0
MONDELEZ INTERNATIONAL CL A ORD COMMON 609207105 83,462,720 1,448,000 SH SOLE 1,448,000 0 0
NATIONAL STORAGE AFFILIATES ORD COMMON 637870106 3,095,812 82,030 SH SOLE 82,030 0 0
NEXTERA ENERGY ORD COMMON 65339F101 7,987,680 86,000 SH SOLE 86,000 0 0
NORFOLK SOUTHERN ORD COMMON 655844108 168,666,169 587,687 SH SOLE 587,687 0 0
OWENS CORNIING ORD COMMON 690742101 22,617,980 209,000 SH SOLE 209,000 0 0
PEPSICO ORD COMMON 713448108 19,799,475 127,500 SH SOLE 127,500 0 0
PHILIP MORRIS INTERNATIONAL ORD COMMON 718172109 182,155,078 1,101,700 SH SOLE 1,101,700 0 0
PINNACLE WEST ORD COMMON 723484101 73,493,095 729,460 SH SOLE 729,460 0 0
PROCTER & GAMBLE ORD COMMON 742718109 7,207,556 49,900 SH SOLE 49,900 0 0
PROLOGIS REIT COMMON 74340W103 77,986,200 590,000 SH SOLE 590,000 0 0
QUALCOMM ORD COMMON 747525103 123,306,850 957,500 SH SOLE 957,500 0 0
RPM ORD COMMON 749685103 81,977,665 824,725 SH SOLE 824,725 0 0
RTX ORD COMMON 75513E101 13,695,900 71,000 SH SOLE 71,000 0 0
SNAP ON ORD COMMON 833034101 122,319,420 336,764 SH SOLE 336,764 0 0
SOUTHSTATE BANK ORD COMMON 84472E102 18,542,766 200,419 SH SOLE 200,419 0 0
THERMO FISHER SCIENTIFIC ORD COMMON 883556102 38,324,594 77,970 SH SOLE 77,970 0 0
TJX ORD COMMON 872540109 138,380,050 866,500 SH SOLE 866,500 0 0
UNITEDHEALTH GRP ORD COMMON 91324P102 126,858,545 468,822 SH SOLE 468,822 0 0
US BANCORP ORD COMMON 902973304 39,709,635 763,500 SH SOLE 763,500 0 0
VALERO ENERGY ORD COMMON 91913Y100 127,157,251 514,640 SH SOLE 514,640 0 0
VERIZON COMMUNICATIONS ORD COMMON 92343V104 24,432,340 486,700 SH SOLE 486,700 0 0
WESTERN ALLIANCE ORD COMMON 957638109 3,542,500 50,000 SH SOLE 50,000 0 0