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

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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
ACCENTURE CL A ORD COMMON G1151C101 1,288,885 6,500 SH OTR 01 0 6,500 0
AGREE REALTY REIT ORD COMMON 008492100 603,040 8,000 SH OTR 01 0 8,000 0
AIR PRODUCTS AND CHEMICALS ORD COMMON 009158106 1,615,124 5,560 SH OTR 01 0 5,560 0
AMERICAN TOWER REIT COMMON 03027X100 828,384 4,800 SH OTR 01 0 4,800 0
ANALOG DEVICES ORD COMMON 032654105 2,036,096 6,400 SH OTR 01 0 6,400 0
ARTHUR J GALLAGHER ORD COMMON 363576109 417,350 1,927 SH OTR 01 0 1,927 0
AT&T ORD COMMON 00206R102 208,728 7,200 SH OTR 01 0 7,200 0
BROADCOM ORD COMMON 11135F101 5,880,690 19,000 SH OTR 01 0 19,000 0
COMCAST CL A ORD COMMON 20030N101 1,273,289 44,350 SH OTR 01 0 44,350 0
HOME DEPOT ORD COMMON 437076102 1,644,450 5,000 SH OTR 01 0 5,000 0
LYONDELLBASELL INDUSTRIES CL A ORD COMMON N53745100 993,627 12,334 SH OTR 01 0 12,334 0
MARSH ORD COMMON 571748102 514,626 2,967 SH OTR 01 0 2,967 0
MONDELEZ INTERNATIONAL CL A ORD COMMON 609207105 1,109,570 19,250 SH OTR 01 0 19,250 0
NORFOLK SOUTHERN ORD COMMON 655844108 1,549,800 5,400 SH OTR 01 0 5,400 0
PHILIP MORRIS INTERNATIONAL ORD COMMON 718172109 1,984,080 12,000 SH OTR 01 0 12,000 0
PINNACLE WEST ORD COMMON 723484101 564,402 5,602 SH OTR 01 0 5,602 0
QUALCOMM ORD COMMON 747525103 1,126,825 8,750 SH OTR 01 0 8,750 0
REGIONS FINANCIAL ORD COMMON 7591EP100 875,908 33,534 SH OTR 01 0 33,534 0
RTX ORD COMMON 75513E101 2,893,500 15,000 SH OTR 01 0 15,000 0
TJX ORD COMMON 872540109 79,850 500 SH OTR 01 0 500 0
UNITEDHEALTH GRP ORD COMMON 91324P102 892,947 3,300 SH OTR 01 0 3,300 0
VALERO ENERGY ORD COMMON 91913Y100 6,191,578 25,059 SH OTR 01 0 25,059 0
WESTERN ALLIANCE ORD COMMON 957638109 318,117 4,490 SH OTR 01 0 4,490 0