| MSFT Microsoft Corp. | 19.40% | 80,000 | $34.4M | No change |
| ADP Automatic Data Processing | 11.23% | 72,000 | $19.9M | No change |
| DOV Dover Corp. | 9.73% | 90,000 | $17.3M | No change |
| CMI Cummins Inc. | 8.39% | 46,000 | $14.9M | No change |
| ENB Enbridge Inc. | 7.08% | 309,418 | $12.6M | No change |
| HON Honeywell International Inc. | 5.82% | 50,000 | $10.3M | No change |
| JPM JPMorgan Chase & Co. | 5.53% | 46,500 | $9.8M | Reduce -50.0% |
| DUK Duke Energy Corp. | 4.31% | 66,300 | $7.6M | No change |
| APD Air Products & Chemicals Inc. | 4.15% | 24,750 | $7.4M | No change |
| PFE Pfizer Inc. | 3.86% | 236,400 | $6.8M | No change |
| ACN Accenture PLC Class A | 2.99% | 15,000 | $5.3M | No change |
| RTX RTX Corp. | 2.73% | 40,000 | $4.8M | No change |
| JNJ Johnson & Johnson | 2.28% | 25,000 | $4.1M | No change |
| USB US Bancorp | 2.06% | 80,000 | $3.7M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.82% | 27,500 | $3.2M | No change |
| WEC WEC Energy Group Inc. | 1.68% | 31,000 | $3.0M | No change |
| HD Home Depot Inc. | 1.60% | 7,000 | $2.8M | No change |
| ADI Analog Devices Inc. | 1.08% | 8,355 | $1.9M | No change |
| LYB Lyondellbasell Indu Class A | 0.96% | 17,683 | $1.7M | No change |
| HAS Hasbro Inc. | 0.88% | 21,500 | $1.6M | No change |
| CMCSA Comcast Corp. Class A | 0.82% | 35,000 | $1.5M | No change |
| PNW Pinnacle West Capital | 0.75% | 14,958 | $1.3M | No change |
| RF Regions Financial Corp. | 0.49% | 37,440 | $873K | No change |
| WAL Western Alliance Bancorp | 0.36% | 7,405 | $640K | No change |