Shares
Market
Value
COMMON
STOCKS
—
97
.6
%
Airlines
—
0
.3
%
2,850
Delta
Air
Lines
Inc.
†
..................................
$
123,291
Automotive
—
1
.9
%
3,400
Daimler
AG
...............................................
303,576
1,625
General
Motors
Co.
†
.................................
96,151
2,100
Toyota
Motor
Corp.
,
ADR
...........................
367,164
766,891
Automotive:
Parts
and
Accessories
—
0
.4
%
930
Aptiv
plc
†
..................................................
146,317
Beverage
—
3
.4
%
16,100
Danone
SA
................................................
1,133,407
4,300
The
Coca-Cola
Co.
.....................................
232,673
1,366,080
Broadcasting
—
0
.9
%
1,200
Liberty
Broadband
Corp.
,
Cl. C
†
.................
208,392
3,500
Liberty
Media
Corp.-
Liberty
SiriusXM
,
Cl. C
†
.........................
162,365
370,757
Building
and
Construction
—
1
.6
%
1,450
Cavco
Industries
Inc.
†
...............................
322,176
1,410
Jacobs
Engineering
Group
Inc.
..................
188,122
2,000
Johnson
Controls
International
plc
.............
137,260
647,558
Business
Services
—
2
.9
%
7,500
IHS
Markit
Ltd.
..........................................
844,950
8,000
Macquarie
Infrastructure
Corp.
..................
306,160
1,151,110
Cable
and
Satellite
—
2
.1
%
13,350
Comcast
Corp.
,
Cl. A
.................................
761,217
3,850
EchoStar
Corp.
,
Cl. A
†
...............................
93,517
854,734
Computer
Hardware
—
1
.1
%
2,850
International
Business
Machines
Corp.
.......
417,782
Computer
Software
and
Services
—
8
.5
%
570
Alphabet
Inc.
,
Cl. A
†
..................................
1,391,820
4,300
Cisco
Systems
Inc.
....................................
227,900
1,850
Dell
Technologies
Inc.
,
Cl. C
†
.....................
184,389
3,925
Dun
&
Bradstreet
Holdings
Inc.
†
................
83,877
10,000
Hewlett
Packard
Enterprise
Co.
..................
145,800
12,000
Intel
Corp.
.................................................
673,680
1,275
Microsoft
Corp.
.........................................
345,398
6,175
NortonLifeLock
Inc.
...................................
168,084
1,150
SAP
SE
,
ADR
.............................................
161,529
3,382,477
Consumer
Products
—
3
.0
%
12,150
Sony
Group
Corp.
,
ADR
.............................
1,181,223
Shares
Market
Value
Consumer
Services
—
1
.9
%
8,000
Resideo
Technologies
Inc.
†
.......................
$
240,000
11,000
Terminix
Global
Holdings
Inc.
†
..................
524,810
764,810
Diversified
Industrial
—
2
.8
%
10,800
ABB
Ltd.
,
ADR
...........................................
367,092
900
Agilent
Technologies
Inc.
...........................
133,029
11,000
Flex
Ltd.
†
..................................................
196,570
3,000
Siemens
AG
,
ADR
......................................
238,917
890
Union
Pacific
Corp.
....................................
195,738
1,131,346
Energy
and
Utilities
—
3
.6
%
6,000
Eos
Energy
Enterprises
Inc.
†
.....................
107,760
18,400
NextEra
Energy
Inc.
...................................
1,348,352
1,456,112
Entertainment
—
1
.5
%
1,600
The
Walt
Disney
Co.
†
................................
281,232
10,000
Vivendi
SE
.................................................
335,923
617,155
Environmental
Services
—
4
.3
%
25,000
BioHiTech
Global
Inc.
†
...............................
36,250
2,385
Ecolab
Inc.
................................................
491,238
25,000
Evoqua
Water
Technologies
Corp.
†
............
844,500
3,000
Waste
Connections
Inc.
.............................
358,290
1,730,278
Equipment
and
Supplies
—
2
.6
%
630
3M
Co.
......................................................
125,137
1,300
ChargePoint
Holdings
Inc.
†
.......................
45,162
10,000
Mueller
Water
Products
Inc.
,
Cl. A
..............
144,200
660
Parker-Hannifin
Corp.
................................
202,692
5,500
Ranpak
Holdings
Corp.
†
............................
137,665
2,500
Watts
Water
Technologies
Inc.
,
Cl. A
..........
364,775
1,019,631
Financial
Services
—
18
.9
%
39,930
Aegon
NV
..................................................
165,667
11,300
Ally
Financial
Inc.
......................................
563,192
5,000
American
Express
Co.
................................
826,150
25,000
Banco
Bilbao
Vizcaya
Argentaria
SA
...........
154,977
14,500
Commerzbank
AG
†
....................................
102,851
38,696
Credit
Agricole
SA
.....................................
542,071
8,500
Credit
Suisse
Group
AG
,
ADR
....................
89,165
62,000
Daiwa
Securities
Group
Inc.
.......................
340,485
5,900
Franklin
Resources
Inc.
.............................
188,741
5,000
Gores
Holdings
V
Inc.
,
Cl. A
†
.....................
50,500
35,100
ING
Groep
NV
...........................................
463,645
15,500
Janus
Henderson
Group
plc
.......................
601,555
10,600
Kinnevik
AB
,
Cl. B
......................................
424,342
101,893
Natwest
Group
plc
.....................................
286,408
11,716
NN
Group
NV
............................................
552,634
3,650
PayPal
Holdings
Inc.
†
................................
1,063,902
