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 6,492,591 40,100 SH OTR 1 0 40,100 0
ABBOTT LABORATORIES ORD COMMON 002824100 5,190,328 57,200 SH OTR 1 0 57,200 0
ABBVIE ORD COMMON 00287Y109 11,374,128 45,200 SH OTR 1 0 45,200 0
ACCENTURE CL A ORD COMMON G1151C101 3,111,000 25,000 SH OTR 1 0 25,000 0
AGREE REALTY REIT ORD COMMON 008492100 1,249,710 16,500 SH OTR 1 0 16,500 0
AIR PRODUCTS AND CHEMICALS ORD COMMON 009158106 3,811,340 13,000 SH OTR 1 0 13,000 0
AMERICAN TOWER REIT COMMON 03027X100 4,907,100 30,000 SH OTR 1 0 30,000 0
ANALOG DEVICES ORD COMMON 032654105 14,814,441 37,300 SH OTR 1 0 37,300 0
APPLE ORD COMMON 037833100 73,231,229 253,080 SH OTR 1 0 253,080 0
ARES MANAGEMENT CL A ORD COMMON 03990B101 5,044,013 45,315 SH OTR 1 0 45,315 0
ARTHUR J GALLAGHER ORD COMMON 363576109 8,188,991 35,671 SH OTR 1 0 35,671 0
AUTOMATIC DATA PROCESSING ORD COMMON 053015103 10,525,650 47,000 SH OTR 1 0 47,000 0
BROADCOM ORD COMMON 11135F101 65,773,075 174,118 SH OTR 1 0 174,118 0
CISCO SYSTEMS ORD COMMON 17275R102 15,211,070 129,500 SH OTR 1 0 129,500 0
COMCAST CL A ORD COMMON 20030N101 1,227,500 50,000 SH OTR 1 0 50,000 0
ENBRIDGE ORD COMMON 29250N105 24,051,025 443,664 SH OTR 1 0 443,664 0
HASBRO ORD COMMON 418056107 2,477,700 30,000 SH OTR 1 0 30,000 0
HOME DEPOT ORD COMMON 437076102 11,285,760 32,000 SH OTR 1 0 32,000 0
LAM RESEARCH ORD COMMON US5128073 12,059,574 27,830 SH OTR 1 0 27,830 0
LYONDELLBASELL INDUSTRIES CL A ORD COMMON N53745100 649,332 12,333 SH OTR 1 0 12,333 0
MARSH ORD COMMON 571748102 5,971,119 35,826 SH OTR 1 0 35,826 0
MCDONALD'S ORD COMMON 580135101 3,108,565 11,500 SH OTR 1 0 11,500 0
MICROCHIP TECHNOLOGY ORD COMMON 595017104 10,488,000 115,000 SH OTR 1 0 115,000 0
MICROSOFT ORD COMMON 594918104 22,381,200 60,000 SH OTR 1 0 60,000 0
MONDELEZ INTERNATIONAL CL A ORD COMMON 609207105 6,055,848 104,700 SH OTR 1 0 104,700 0
NEXTERA ENERGY ORD COMMON 65339F101 4,388,500 50,000 SH OTR 1 0 50,000 0
OWENS CORNIING ORD COMMON 690742101 13,304,952 83,700 SH OTR 1 0 83,700 0
PEPSICO ORD COMMON 713448108 947,800 7,000 SH OTR 1 0 7,000 0
PHILIP MORRIS INTERNATIONAL ORD COMMON 718172109 5,901,284 32,620 SH OTR 1 0 32,620 0
PINNACLE WEST ORD COMMON 723484101 1,040,040 9,720 SH OTR 1 0 9,720 0
PROCTER & GAMBLE ORD COMMON 742718109 5,528,328 37,700 SH OTR 1 0 37,700 0
PROLOGIS REIT COMMON 74340W103 6,411,118 47,325 SH OTR 1 0 47,325 0
REGIONS FINANCIAL ORD COMMON 7591EP100 4,621,597 153,033 SH OTR 1 0 153,033 0
RPM ORD COMMON 749685103 8,892,000 80,000 SH OTR 1 0 80,000 0
RTX ORD COMMON 75513E101 4,932,980 26,000 SH OTR 1 0 26,000 0
SNAP ON ORD COMMON 833034101 5,432,400 13,500 SH OTR 1 0 13,500 0
SOUTHSTATE BANK ORD COMMON 84472E102 4,995,000 50,000 SH OTR 1 0 50,000 0
THERMO FISHER SCIENTIFIC ORD COMMON 883556102 7,921,488 15,800 SH OTR 1 0 15,800 0
TJX ORD COMMON 872540109 5,605,500 37,000 SH OTR 1 0 37,000 0
UNITEDHEALTH GRP ORD COMMON 91324P102 10,806,380 26,000 SH OTR 1 0 26,000 0
US BANCORP ORD COMMON 902973304 4,741,400 78,500 SH OTR 1 0 78,500 0
VALERO ENERGY ORD COMMON 91913Y100 11,493,999 44,133 SH OTR 1 0 44,133 0
VERIZON COMMUNICATIONS ORD COMMON 92343V104 1,270,200 30,000 SH OTR 1 0 30,000 0
WEC ENERGY GROUP ORD COMMON 92939U106 11,093,150 95,000 SH OTR 1 0 95,000 0
WESTERN ALLIANCE ORD COMMON 957638109 977,769 11,895 SH OTR 1 0 11,895 0