| T AT&T Inc. | 16.81% | 4,323,320 | $107.4M | Add +4.8% |
| UPS United Parcel Service Class B | 11.06% | 712,440 | $70.7M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 8.25% | 163,589 | $52.7M | No change |
| JNJ Johnson & Johnson | 7.00% | 216,207 | $44.7M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 6.48% | 139,735 | $41.4M | No change |
| CLF Cleveland-Cliffs Inc. | 6.14% | 2,954,569 | $39.2M | Reduce -47.2% |
| AXP American Express Co. | 5.55% | 95,918 | $35.5M | No change |
| KO The Coca-Cola Co. | 4.99% | 456,411 | $31.9M | No change |
| F Ford Motor Co. filed as FORD MTR CO | 4.31% | 2,100,000 | $27.6M | No change |
| CAT Caterpillar Inc. | 2.50% | 27,886 | $16.0M | No change |
| MSFT Microsoft Corp. | 2.28% | 30,129 | $14.6M | No change |
| MRK Merck & Co. Inc. | 2.18% | 132,292 | $13.9M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.08% | 116,683 | $13.3M | No change |
| SLB SLB Ltd. filed as SLB LIMITED | 2.08% | 345,412 | $13.3M | No change |
| DE Deere & Co. | 2.05% | 28,065 | $13.1M | No change |
| AAPL Apple Inc. | 1.89% | 44,296 | $12.0M | No change |
| WASH Washington Trust Bancorp | 1.39% | 300,800 | $8.9M | Add +19.9% |
| XOM Exxon Mobil Corp. | 1.29% | 68,680 | $8.3M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.16% | 10,911 | $7.4M | No change |
| UNP Union Pacific Corp. | 0.70% | 19,373 | $4.5M | No change |
| ABT Abbott Laboratories | 0.67% | 34,181 | $4.3M | No change |
| VZ Verizon Communications Inc. | 0.67% | 105,000 | $4.3M | No change |
| PG The Procter & Gamble Co. | 0.66% | 29,590 | $4.2M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.66% | 6,900 | $4.2M | No change |
| EMR Emerson Electric Co. | 0.62% | 29,904 | $4.0M | No change |
| MCD McDonald's Corp. | 0.60% | 12,579 | $3.8M | No change |
| MMM 3M Co. | 0.58% | 23,122 | $3.7M | No change |
| RTX RTX Corp. | 0.55% | 19,290 | $3.5M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.46% | 15,215 | $2.9M | No change |
| SHEL Shell PLC-ADR | 0.44% | 38,544 | $2.8M | No change |
| KD Kyndryl Holdings Inc. | 0.42% | 100,000 | $2.7M | New |
| LLY Eli Lilly & Co. | 0.36% | 2,134 | $2.3M | No change |
| CL Colgate-Palmolive Co. | 0.36% | 28,820 | $2.3M | No change |
| NVDA Nvidia Corp. | 0.34% | 11,800 | $2.2M | Add +555.6% |
| MDT Medtronic PLC | 0.32% | 21,546 | $2.1M | No change |
| UL Unilever PLC-Sponsored ADR | 0.29% | 27,881 | $1.8M | No change |
| NVS Novartis AG-Sponsored ADR | 0.23% | 10,720 | $1.5M | No change |
| HD Home Depot Inc. | 0.18% | 3,300 | $1.1M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.15% | 2,000 | $961K | No change |
| IWM iShares Russell 2000 ETF | 0.11% | 2,866 | $705K | No change |
| WFC Wells Fargo & Co. | 0.10% | 6,747 | $629K | No change |
| DD Dupont DE Nemours Inc. | 0.09% | 14,262 | $573K | Reduce -10.9% |
| XLF SS Financial Select Sector | 0.09% | 10,000 | $548K | No change |
| CVX Chevron Corp. | 0.08% | 3,500 | $533K | No change |
| HWM Howmet Aerospace Inc. | 0.08% | 2,500 | $513K | No change |
| IJH iShares Core S&P Midcap ETF | 0.08% | 7,755 | $512K | No change |
| GOOGL Alphabet Inc. Class A | 0.07% | 1,520 | $476K | No change |
| CARR Carrier Global Corp. | 0.07% | 8,578 | $453K | No change |
| ABBV Abbvie Inc. | 0.07% | 1,900 | $434K | No change |
| PEP Pepsico Inc. | 0.06% | 2,700 | $388K | No change |
| OTIS Otis Worldwide Corp. | 0.06% | 4,288 | $375K | No change |
| Q Qnity Electronics Inc. | 0.05% | 4,274 | $349K | Reduce -46.6% |
| AMZN Amazon.com Inc. | 0.05% | 1,400 | $323K | No change |
| CSCO Cisco Systems Inc. | 0.04% | 3,650 | $281K | No change |
| LOW Lowe's Cos Inc. | 0.04% | 1,080 | $260K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 500 | $251K | No change |
| AMGN Amgen Inc. | 0.04% | 750 | $245K | No change |