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 808,860 6,500 SH OTR 1 0 6,500 0
AGREE REALTY REIT ORD COMMON 008492100 605,920 8,000 SH OTR 1 0 8,000 0
AIR PRODUCTS AND CHEMICALS ORD COMMON 009158106 1,630,081 5,560 SH OTR 1 0 5,560 0
AMERICAN TOWER REIT COMMON 03027X100 785,136 4,800 SH OTR 1 0 4,800 0
ANALOG DEVICES ORD COMMON 032654105 2,541,888 6,400 SH OTR 1 0 6,400 0
ARTHUR J GALLAGHER ORD COMMON 363576109 442,381 1,927 SH OTR 1 0 1,927 0
AT&T ORD COMMON 00206R102 149,040 7,200 SH OTR 1 0 7,200 0
COMCAST CL A ORD COMMON 20030N101 1,088,793 44,350 SH OTR 1 0 44,350 0
HOME DEPOT ORD COMMON 437076102 1,763,400 5,000 SH OTR 1 0 5,000 0
LYONDELLBASELL INDUSTRIES CL A ORD COMMON N53745100 649,385 12,334 SH OTR 1 0 12,334 0
MARSH ORD COMMON 571748102 494,510 2,967 SH OTR 1 0 2,967 0
MONDELEZ INTERNATIONAL CL A ORD COMMON 609207105 1,113,420 19,250 SH OTR 1 0 19,250 0
NORFOLK SOUTHERN ORD COMMON 655844108 1,698,786 5,400 SH OTR 1 0 5,400 0
PHILIP MORRIS INTERNATIONAL ORD COMMON 718172109 2,170,920 12,000 SH OTR 1 0 12,000 0
PINNACLE WEST ORD COMMON 723484101 599,414 5,602 SH OTR 1 0 5,602 0
QUALCOMM ORD COMMON 747525103 1,616,913 8,750 SH OTR 1 0 8,750 0
REGIONS FINANCIAL ORD COMMON 7591EP100 1,012,727 33,534 SH OTR 1 0 33,534 0
RTX ORD COMMON 75513E101 2,845,950 15,000 SH OTR 1 0 15,000 0
TJX ORD COMMON 872540109 75,750 500 SH OTR 1 0 500 0
UNITEDHEALTH GRP ORD COMMON 91324P102 1,371,579 3,300 SH OTR 1 0 3,300 0
VALERO ENERGY ORD COMMON 91913Y100 6,526,366 25,059 SH OTR 1 0 25,059 0
WESTERN ALLIANCE ORD COMMON 957638109 369,078 4,490 SH OTR 1 0 4,490 0