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 |
AFLAC Inc. | COM | 001055102 | 7,474 | 128,002 | SH | | SOLE | | 128,002 | 0 | 0 |
AGCO Corp | COM | 001084102 | 481 | 4,150 | SH | | SOLE | | 4,150 | 0 | 0 |
AT & T, Inc. New | COM | 00206r102 | 885 | 35,990 | SH | | SOLE | | 35,990 | 0 | 0 |
AbbVie, Inc. | COM | 00287y109 | 4,837 | 35,727 | SH | | SOLE | | 35,727 | 0 | 0 |
Abbott Laboratories | COM | 002824100 | 10,880 | 77,306 | SH | | SOLE | | 77,306 | 0 | 0 |
Adobe Systems Inc | COM | 00724F101 | 437 | 771 | SH | | SOLE | | 771 | 0 | 0 |
Alaska Air Group Inc. | COM | 011659109 | 518 | 9,945 | SH | | SOLE | | 9,945 | 0 | 0 |
Align Technology, Inc. | COM | 016255101 | 263 | 400 | SH | | SOLE | | 400 | 0 | 0 |
Alphabet, Inc Non-Voting Class | COM | 02079k107 | 639 | 221 | SH | | SOLE | | 221 | 0 | 0 |
Alphabet, Inc Voting Class | COM | 02079k305 | 12,350 | 4,263 | SH | | SOLE | | 4,263 | 0 | 0 |
Altria Group Inc. | COM | 02209s103 | 7,614 | 160,657 | SH | | SOLE | | 160,657 | 0 | 0 |
Amazon.com, Inc. | COM | 023135106 | 787 | 236 | SH | | SOLE | | 236 | 0 | 0 |
American Express Co. | COM | 025816109 | 1,358 | 8,298 | SH | | SOLE | | 8,298 | 0 | 0 |
American International Group | COM | 026874784 | 5,987 | 105,297 | SH | | SOLE | | 105,297 | 0 | 0 |
Ameriprise Financial Inc. | COM | 03076c106 | 1,369 | 4,538 | SH | | SOLE | | 4,538 | 0 | 0 |
Amgen Inc. | COM | 031162100 | 2,004 | 8,908 | SH | | SOLE | | 8,908 | 0 | 0 |
Anthem, Inc. | COM | 036752103 | 22,099 | 47,674 | SH | | SOLE | | 47,674 | 0 | 0 |
Apple, Inc. | COM | 037833100 | 6,688 | 37,665 | SH | | SOLE | | 37,665 | 0 | 0 |
Applied Materials Inc Delaware | COM | 038222105 | 202 | 1,283 | SH | | SOLE | | 1,283 | 0 | 0 |
Automatic Data Processing | COM | 053015103 | 1,995 | 8,092 | SH | | SOLE | | 8,092 | 0 | 0 |
Bank of America Corp | COM | 060505104 | 15,139 | 340,283 | SH | | SOLE | | 340,283 | 0 | 0 |
Bank of New York Mellon Corp | COM | 064058100 | 13,734 | 236,469 | SH | | SOLE | | 236,469 | 0 | 0 |
Becton Dickinson & Co | COM | 075887109 | 4,337 | 17,245 | SH | | SOLE | | 17,245 | 0 | 0 |
Berkshire Hathaway Inc. Class | COM | 084670702 | 7,715 | 25,803 | SH | | SOLE | | 25,803 | 0 | 0 |
Biogen Inc. | COM | 09062x103 | 5,712 | 23,810 | SH | | SOLE | | 23,810 | 0 | 0 |
Boeing Company | COM | 097023105 | 3,126 | 15,528 | SH | | SOLE | | 15,528 | 0 | 0 |
Booking Holdings Inc. | COM | 09857L108 | 5,221 | 2,176 | SH | | SOLE | | 2,176 | 0 | 0 |
Bristol Myers Squibb Co. | COM | 110122108 | 1,934 | 31,020 | SH | | SOLE | | 31,020 | 0 | 0 |
CSX Corp | COM | 126408103 | 307 | 8,166 | SH | | SOLE | | 8,166 | 0 | 0 |
CVS Health Corp. | COM | 126650100 | 11,269 | 109,234 | SH | | SOLE | | 109,234 | 0 | 0 |
Caterpillar Inc. | COM | 149123101 | 732 | 3,540 | SH | | SOLE | | 3,540 | 0 | 0 |
Celanese Corp | COM | 150870103 | 4,928 | 29,325 | SH | | SOLE | | 29,325 | 0 | 0 |
Central Pacific Financial Co | COM | 154760409 | 2,725 | 96,725 | SH | | SOLE | | 96,725 | 0 | 0 |
Cerner Corporation | COM | 156782104 | 6,904 | 74,345 | SH | | SOLE | | 74,345 | 0 | 0 |
Chevron Corp. | COM | 166764100 | 3,233 | 27,549 | SH | | SOLE | | 27,549 | 0 | 0 |
Cigna Corp | COM | 125523100 | 5,897 | 25,680 | SH | | SOLE | | 25,680 | 0 | 0 |
Cisco Sys Inc. | COM | 17275R102 | 3,241 | 51,151 | SH | | SOLE | | 51,151 | 0 | 0 |
Citigroup Inc. | COM | 172967424 | 4,608 | 76,305 | SH | | SOLE | | 76,305 | 0 | 0 |
Coca-Cola Company | COM | 191216100 | 6,275 | 105,971 | SH | | SOLE | | 105,971 | 0 | 0 |
Cognizant Technology Solutions | COM | 192446102 | 3,805 | 42,893 | SH | | SOLE | | 42,893 | 0 | 0 |
Comcast Corp Cl A | COM | 20030n101 | 4,950 | 98,357 | SH | | SOLE | | 98,357 | 0 | 0 |
ConAgra Foods Inc. | COM | 205887102 | 870 | 25,485 | SH | | SOLE | | 25,485 | 0 | 0 |
ConocoPhillips | COM | 20825c104 | 2,111 | 29,244 | SH | | SOLE | | 29,244 | 0 | 0 |
Corning Inc | COM | 219350105 | 6,222 | 167,126 | SH | | SOLE | | 167,126 | 0 | 0 |
Corteva, Inc. | COM | 22052L104 | 2,713 | 57,386 | SH | | SOLE | | 57,386 | 0 | 0 |
Costco Wholesale Corp | COM | 22160k105 | 5,237 | 9,226 | SH | | SOLE | | 9,226 | 0 | 0 |
DR Horton, Inc | COM | 23331a109 | 1,868 | 17,220 | SH | | SOLE | | 17,220 | 0 | 0 |
Delta Airlines - New | COM | 247361702 | 266 | 6,800 | SH | | SOLE | | 6,800 | 0 | 0 |
Digital Realty Trust | COM | 253868103 | 321 | 1,814 | SH | | SOLE | | 1,814 | 0 | 0 |
Discovery, Inc. Series A | COM | 25470f104 | 4,108 | 174,505 | SH | | SOLE | | 174,505 | 0 | 0 |
Dow Inc. | COM | 260557103 | 3,244 | 57,202 | SH | | SOLE | | 57,202 | 0 | 0 |
DuPont de Nemours, Inc | COM | 26614n102 | 4,105 | 50,812 | SH | | SOLE | | 50,812 | 0 | 0 |
Eli Lilly & Co | COM | 532457108 | 201 | 726 | SH | | SOLE | | 726 | 0 | 0 |
Exxon Mobil Corp | COM | 30231G102 | 795 | 12,986 | SH | | SOLE | | 12,986 | 0 | 0 |
Fastenal Co. | COM | 311900104 | 207 | 3,235 | SH | | SOLE | | 3,235 | 0 | 0 |
Fedex Corp | COM | 31428X106 | 3,684 | 14,245 | SH | | SOLE | | 14,245 | 0 | 0 |
Ford Motor Co.- New | COM | 345370860 | 265 | 12,782 | SH | | SOLE | | 12,782 | 0 | 0 |
Forrester Research Inc. | COM | 346563109 | 1,119 | 19,050 | SH | | SOLE | | 19,050 | 0 | 0 |
Fox Corporation Class A | COM | 35137L105 | 201 | 5,453 | SH | | SOLE | | 5,453 | 0 | 0 |
Franklin Resources Inc. | COM | 354613101 | 4,359 | 130,148 | SH | | SOLE | | 130,148 | 0 | 0 |
Gates Industrial Corporation P | COM | g39108108 | 1,759 | 110,549 | SH | | SOLE | | 110,549 | 0 | 0 |
General Electric Co. | COM | 369604103 | 228 | 2,415 | SH | | SOLE | | 2,415 | 0 | 0 |
General Mills | COM | 370334104 | 291 | 4,321 | SH | | SOLE | | 4,321 | 0 | 0 |
General Motors Company | COM | 37045v100 | 2,267 | 38,674 | SH | | SOLE | | 38,674 | 0 | 0 |
Gilead Sciences Inc. | COM | 375558103 | 977 | 13,458 | SH | | SOLE | | 13,458 | 0 | 0 |
Global Medical REIT, Inc. | COM | 37954a204 | 213 | 12,000 | SH | | SOLE | | 12,000 | 0 | 0 |
Grand Canyon Education, Inc. | COM | 38526m106 | 1,061 | 12,380 | SH | | SOLE | | 12,380 | 0 | 0 |
H&R Block Inc. | COM | 093671105 | 1,444 | 61,302 | SH | | SOLE | | 61,302 | 0 | 0 |
HP Inc. | COM | 40434L105 | 427 | 11,324 | SH | | SOLE | | 11,324 | 0 | 0 |
Hewlett Packard Enterprise Co. | COM | 42824c109 | 186 | 11,821 | SH | | SOLE | | 11,821 | 0 | 0 |
Home Depot Inc. | COM | 437076102 | 10,700 | 25,783 | SH | | SOLE | | 25,783 | 0 | 0 |
Illinois Tool Works Inc. | COM | 452308109 | 272 | 1,104 | SH | | SOLE | | 1,104 | 0 | 0 |
Ingersoll Rand Inc. | COM | 45687v106 | 375 | 6,055 | SH | | SOLE | | 6,055 | 0 | 0 |
Intel Corp. | COM | 458140100 | 1,400 | 27,181 | SH | | SOLE | | 27,181 | 0 | 0 |
International Flavors & Fragra | COM | 459506101 | 618 | 4,102 | SH | | SOLE | | 4,102 | 0 | 0 |
Interpublic Group | COM | 460690100 | 334 | 8,912 | SH | | SOLE | | 8,912 | 0 | 0 |
IsoRay, Inc. | COM | 46489v104 | 6 | 14,218 | SH | | SOLE | | 14,218 | 0 | 0 |
Johnson & Johnson | COM | 478160104 | 14,266 | 83,390 | SH | | SOLE | | 83,390 | 0 | 0 |
Keurig Dr. Pepper Inc. | COM | 49271v100 | 476 | 12,924 | SH | | SOLE | | 12,924 | 0 | 0 |
Kla-Tencor Corp | COM | 482480100 | 359 | 835 | SH | | SOLE | | 835 | 0 | 0 |
Kroger Co. | COM | 501044101 | 16,935 | 374,161 | SH | | SOLE | | 374,161 | 0 | 0 |
Laboratory Corp. of America | COM | 50540r409 | 377 | 1,200 | SH | | SOLE | | 1,200 | 0 | 0 |
Lamb Weston Holdings | COM | 513272104 | 528 | 8,334 | SH | | SOLE | | 8,334 | 0 | 0 |
Lincoln Educational | COM | 533535100 | 1,655 | 221,567 | SH | | SOLE | | 221,567 | 0 | 0 |
Lloyds TSB Group | COM | 539439109 | 42 | 16,500 | SH | | SOLE | | 16,500 | 0 | 0 |
Lockheed Martin Corp | COM | 539830109 | 540 | 1,520 | SH | | SOLE | | 1,520 | 0 | 0 |
Lowes Companies | COM | 548661107 | 8,783 | 33,980 | SH | | SOLE | | 33,980 | 0 | 0 |
Lumen Technologies, Inc. | COM | 550241103 | 370 | 29,500 | SH | | SOLE | | 29,500 | 0 | 0 |
Manitex Intl | COM | 563420108 | 1,172 | 184,281 | SH | | SOLE | | 184,281 | 0 | 0 |
ManpowerGroup Inc. | COM | 56418h100 | 401 | 4,115 | SH | | SOLE | | 4,115 | 0 | 0 |
Marsh & McLennan Co. | COM | 571748102 | 6,074 | 34,944 | SH | | SOLE | | 34,944 | 0 | 0 |
Mastercard Inc. | COM | 57636q104 | 16,827 | 46,830 | SH | | SOLE | | 46,830 | 0 | 0 |
McDonalds Corp | COM | 580135101 | 3,222 | 12,018 | SH | | SOLE | | 12,018 | 0 | 0 |
Merck & Co.Inc. New | COM | 58933y105 | 10,008 | 130,591 | SH | | SOLE | | 130,591 | 0 | 0 |
Meta Platforms, Inc. | COM | 30303m102 | 5,057 | 15,035 | SH | | SOLE | | 15,035 | 0 | 0 |
Microsoft Corp. | COM | 594918104 | 41,067 | 122,106 | SH | | SOLE | | 122,106 | 0 | 0 |
Molson Coors Brewing Co | COM | 60871r209 | 5,185 | 111,866 | SH | | SOLE | | 111,866 | 0 | 0 |
Mondelez International, Inc. | COM | 609207105 | 2,460 | 37,097 | SH | | SOLE | | 37,097 | 0 | 0 |
Monster Beverage Corp. | COM | 61174x109 | 3,438 | 35,800 | SH | | SOLE | | 35,800 | 0 | 0 |
NextEra Energy, Inc. | COM | 65339f101 | 211 | 2,262 | SH | | SOLE | | 2,262 | 0 | 0 |
Nike Inc Class B | COM | 654106103 | 2,581 | 15,485 | SH | | SOLE | | 15,485 | 0 | 0 |
Nucor Corp | COM | 670346105 | 305 | 2,675 | SH | | SOLE | | 2,675 | 0 | 0 |
Oracle Corp | COM | 68389X105 | 1,100 | 12,618 | SH | | SOLE | | 12,618 | 0 | 0 |
Organon & Co. | COM | 68622v106 | 1,472 | 48,351 | SH | | SOLE | | 48,351 | 0 | 0 |
Parker-Hannifin Corp. | COM | 701094104 | 269 | 845 | SH | | SOLE | | 845 | 0 | 0 |
PayPal Holdings, Inc. | COM | 70450y103 | 314 | 1,667 | SH | | SOLE | | 1,667 | 0 | 0 |
Paychex Inc. | COM | 704326107 | 5,760 | 42,195 | SH | | SOLE | | 42,195 | 0 | 0 |
Pepsico Inc. | COM | 713448108 | 14,857 | 85,529 | SH | | SOLE | | 85,529 | 0 | 0 |
Pfizer Inc. | COM | 717081103 | 4,439 | 75,173 | SH | | SOLE | | 75,173 | 0 | 0 |
Philip Morris International | COM | 718172109 | 19,421 | 204,427 | SH | | SOLE | | 204,427 | 0 | 0 |
Phillips 66 | COM | 718546104 | 1,331 | 18,362 | SH | | SOLE | | 18,362 | 0 | 0 |
Procter & Gamble Co. | COM | 742718109 | 3,631 | 22,195 | SH | | SOLE | | 22,195 | 0 | 0 |
Qualcomm Inc | COM | 747525103 | 556 | 3,042 | SH | | SOLE | | 3,042 | 0 | 0 |
Quest Diagnostics Inc. | COM | 74834L100 | 5,879 | 33,980 | SH | | SOLE | | 33,980 | 0 | 0 |
Raytheon Technologies | COM | 75513e101 | 2,721 | 31,616 | SH | | SOLE | | 31,616 | 0 | 0 |
SM Energy Company | COM | 78454L100 | 213 | 7,240 | SH | | SOLE | | 7,240 | 0 | 0 |
Sally Beauty Holdings Inc. | COM | 79546e104 | 1,465 | 79,336 | SH | | SOLE | | 79,336 | 0 | 0 |
Starbucks Corp | COM | 855244109 | 1,550 | 13,253 | SH | | SOLE | | 13,253 | 0 | 0 |
Stryker Corporation | COM | 863667101 | 202 | 755 | SH | | SOLE | | 755 | 0 | 0 |
Tapestry Inc. | COM | 876030107 | 343 | 8,455 | SH | | SOLE | | 8,455 | 0 | 0 |
The Kraft Heinz Company | COM | 500754106 | 430 | 11,979 | SH | | SOLE | | 11,979 | 0 | 0 |
The Mosaic Company | COM | 61945c103 | 2,514 | 63,981 | SH | | SOLE | | 63,981 | 0 | 0 |
The Travelers Companies Inc. | COM | 89417e109 | 9,123 | 58,323 | SH | | SOLE | | 58,323 | 0 | 0 |
The Walt Disney Co. | COM | 254687106 | 2,437 | 15,733 | SH | | SOLE | | 15,733 | 0 | 0 |
US Bancorp Delaware New | COM | 902973304 | 536 | 9,535 | SH | | SOLE | | 9,535 | 0 | 0 |
Union Pacific Corp | COM | 907818108 | 2,576 | 10,227 | SH | | SOLE | | 10,227 | 0 | 0 |
United Parcel Service Inc. | COM | 911312106 | 3,538 | 16,506 | SH | | SOLE | | 16,506 | 0 | 0 |
UnitedHealth Group Inc. | COM | 91324p102 | 43,508 | 86,645 | SH | | SOLE | | 86,645 | 0 | 0 |
Unum Group | COM | 91529y106 | 1,688 | 68,717 | SH | | SOLE | | 68,717 | 0 | 0 |
Valero Energy Corp. | COM | 91913y100 | 4,581 | 60,992 | SH | | SOLE | | 60,992 | 0 | 0 |
Value Line Inc. | COM | 920437100 | 203 | 4,339 | SH | | SOLE | | 4,339 | 0 | 0 |
Verizon Communications | COM | 92343V104 | 1,838 | 35,381 | SH | | SOLE | | 35,381 | 0 | 0 |
ViacomCBS Inc. B | COM | 92556h206 | 944 | 31,269 | SH | | SOLE | | 31,269 | 0 | 0 |
Viatris Inc. | COM | 92556v106 | 141 | 10,439 | SH | | SOLE | | 10,439 | 0 | 0 |
Visa, Inc. | COM | 92826c839 | 9,342 | 43,107 | SH | | SOLE | | 43,107 | 0 | 0 |
WW International, Inc. | COM | 98262p101 | 230 | 14,282 | SH | | SOLE | | 14,282 | 0 | 0 |
Wal Mart Stores | COM | 931142103 | 7,526 | 52,012 | SH | | SOLE | | 52,012 | 0 | 0 |
Washington Federal | COM | 938824109 | 1,512 | 45,300 | SH | | SOLE | | 45,300 | 0 | 0 |
Waste Management Inc. Del | COM | 94106L109 | 293 | 1,757 | SH | | SOLE | | 1,757 | 0 | 0 |
Wells Fargo & Co. | COM | 949746101 | 1,767 | 36,837 | SH | | SOLE | | 36,837 | 0 | 0 |
Western Union Company | COM | 959802109 | 473 | 26,517 | SH | | SOLE | | 26,517 | 0 | 0 |
Weyerhaeuser Co. | COM | 962166104 | 567 | 13,772 | SH | | SOLE | | 13,772 | 0 | 0 |
Yum! Brands, Inc. | COM | 988498101 | 1,629 | 11,730 | SH | | SOLE | | 11,730 | 0 | 0 |
Zimmer Biomet Holdings | COM | 98956p102 | 7,761 | 61,089 | SH | | SOLE | | 61,089 | 0 | 0 |
AON Plc | FOR | g0403h108 | 857 | 2,852 | SH | | SOLE | | 2,852 | 0 | 0 |
ASML Holding N.V. | FOR | n07059178 | 213 | 267 | SH | | SOLE | | 267 | 0 | 0 |
Alibaba Group Holding Limited | FOR | 01609w102 | 1,734 | 14,600 | SH | | SOLE | | 14,600 | 0 | 0 |
Alkermes PLC | FOR | g01767105 | 398 | 17,091 | SH | | SOLE | | 17,091 | 0 | 0 |
Allegion PLC | FOR | g0176j109 | 477 | 3,605 | SH | | SOLE | | 3,605 | 0 | 0 |
America Movil ADR | FOR | 02364W105 | 3,252 | 154,044 | SH | | SOLE | | 154,044 | 0 | 0 |
Arcos Dorados Hldgs. | FOR | g0457f107 | 2,368 | 406,236 | SH | | SOLE | | 406,236 | 0 | 0 |
BP p.l.c. | FOR | 055622104 | 5,389 | 202,364 | SH | | SOLE | | 202,364 | 0 | 0 |
British American Tobacco | FOR | 110448107 | 3,898 | 104,198 | SH | | SOLE | | 104,198 | 0 | 0 |
CAE Inc. | FOR | 124765108 | 781 | 30,935 | SH | | SOLE | | 30,935 | 0 | 0 |
Colliers International Group | FOR | 194693107 | 1,064 | 7,160 | SH | | SOLE | | 7,160 | 0 | 0 |
Credit Suisse Group ADR | FOR | 225401108 | 1,626 | 168,633 | SH | | SOLE | | 168,633 | 0 | 0 |
Diageo PLC ADR | FOR | 25243q205 | 2,633 | 11,959 | SH | | SOLE | | 11,959 | 0 | 0 |
Enbridge Inc. | FOR | 29250n105 | 205 | 5,257 | SH | | SOLE | | 5,257 | 0 | 0 |
FirstService Corp Voting Share | FOR | 33767e103 | 1,399 | 7,123 | SH | | SOLE | | 7,123 | 0 | 0 |
Glaxo SmithKline PLC | FOR | 37733W105 | 2,284 | 51,801 | SH | | SOLE | | 51,801 | 0 | 0 |
LyondellBasell Industries N.V. | FOR | n53745100 | 6,375 | 69,123 | SH | | SOLE | | 69,123 | 0 | 0 |
Medtronic PLC | FOR | g5960L103 | 14,570 | 140,837 | SH | | SOLE | | 140,837 | 0 | 0 |
Nokia Corp Sponsored ADR | FOR | 654902204 | 100 | 16,157 | SH | | SOLE | | 16,157 | 0 | 0 |
Royal Dutch Shell PLC A | FOR | 780259206 | 681 | 15,693 | SH | | SOLE | | 15,693 | 0 | 0 |
Taiwan Semiconductor Manufactu | FOR | 874039100 | 660 | 5,487 | SH | | SOLE | | 5,487 | 0 | 0 |
Telefonica S.A. ADR | FOR | 879382208 | 789 | 186,071 | SH | | SOLE | | 186,071 | 0 | 0 |
Textainer Group Holdings Limit | FOR | g8766e109 | 2,799 | 78,375 | SH | | SOLE | | 78,375 | 0 | 0 |
Toyota Motor Corp ADR | FOR | 892331307 | 295 | 1,590 | SH | | SOLE | | 1,590 | 0 | 0 |
Trane Technologies PLC | FOR | g8994e103 | 1,355 | 6,705 | SH | | SOLE | | 6,705 | 0 | 0 |
Unilever PCL ADR | FOR | 904767704 | 5,248 | 97,563 | SH | | SOLE | | 97,563 | 0 | 0 |
Yum China Holdings, Inc. | FOR | 98850p109 | 531 | 10,645 | SH | | SOLE | | 10,645 | 0 | 0 |