#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Carnival Corp	CUKPF	26,790,849	$818.2M	3.82%
2	Merck & Co Inc	MRK	7,354,413	$774.1M	3.62%
3	Entergy Corp	ENO	7,142,395	$660.2M	3.09%
4	Johnson Controls International	G51502105	5,145,470	$616.2M	2.88%
5	American International Group I	026874784	7,195,469	$615.6M	2.88%
6	Microchip Technology Inc	MCHPP	9,542,125	$608.0M	2.84%
7	QUALCOMM Inc	QCOM	3,417,020	$584.5M	2.73%
8	Chevron Corp	CVX	3,832,168	$584.1M	2.73%
9	Bank of America Corp	060505104	10,480,107	$576.4M	2.69%
10	Pinnacle West Capital Corp	PNW	6,328,309	$561.3M	2.62%
11	Keurig Dr Pepper Inc	KDP	19,718,325	$552.3M	2.58%
12	Entegris Inc	ENTG	6,407,440	$539.8M	2.52%
13	Axalta Coating Systems Ltd	AXTA	16,594,462	$536.2M	2.51%
14	Western Alliance Bancorp	WAL-PA	6,129,828	$515.3M	2.41%
15	GE HealthCare Technologies Inc	GEHC	6,227,420	$510.8M	2.39%
16	Berkshire Hathaway Inc	BRK-A	1,004,554	$504.9M	2.36%
17	Air Products and Chemicals Inc	AIIR	1,999,635	$493.9M	2.31%
18	Exxon Mobil Corp	XOM	3,810,500	$458.6M	2.14%
19	Public Storage	PSA-PS	1,713,596	$444.7M	2.08%
20	Fortive Corp	FTV	7,851,099	$433.5M	2.03%