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 |
3M Company | COM | 88579Y101 | 12,324,114 | 120,600 | SH | | SOLE | | 120,600 | 0 | 0 |
AbbVie, Inc. | COM | 00287Y109 | 38,111,744 | 222,200 | SH | | SOLE | | 222,200 | 0 | 0 |
Accenture plc Class A | COM | G1151C101 | 8,137,153 | 26,819 | SH | | SOLE | | 26,819 | 0 | 0 |
Adams Natural Resources Fund, Inc. | COM | 00548F105 | 51,629,734 | 2,186,774 | SH | | SOLE | | 2,186,774 | 0 | 0 |
Adobe Inc. | COM | 00724F101 | 16,221,768 | 29,200 | SH | | SOLE | | 29,200 | 0 | 0 |
Advanced Micro Devices, Inc. | COM | 007903107 | 37,924,698 | 233,800 | SH | | SOLE | | 233,800 | 0 | 0 |
Alphabet Inc. Class A | COM | 02079K305 | 129,253,640 | 709,600 | SH | | SOLE | | 709,600 | 0 | 0 |
Amazon.com, Inc. | COM | 023135106 | 132,298,950 | 684,600 | SH | | SOLE | | 684,600 | 0 | 0 |
American International Group, Inc. | COM | 026874784 | 27,246,080 | 367,000 | SH | | SOLE | | 367,000 | 0 | 0 |
Analog Devices, Inc. | COM | 032654105 | 25,565,120 | 112,000 | SH | | SOLE | | 112,000 | 0 | 0 |
Apple Inc. | COM | 037833100 | 212,747,262 | 1,010,100 | SH | | SOLE | | 1,010,100 | 0 | 0 |
Arista Networks, Inc. | COM | 040413106 | 24,670,638 | 70,391 | SH | | SOLE | | 70,391 | 0 | 0 |
Avery Dennison Corporation | COM | 053611109 | 7,127,990 | 32,600 | SH | | SOLE | | 32,600 | 0 | 0 |
Bank of America Corp. | COM | 060505104 | 43,960,485 | 1,105,368 | SH | | SOLE | | 1,105,368 | 0 | 0 |
Berkshire Hathaway Inc. Class B | COM | 084670702 | 33,619,172 | 82,643 | SH | | SOLE | | 82,643 | 0 | 0 |
Booking Holdings Inc. | COM | 09857L108 | 27,730,500 | 7,000 | SH | | SOLE | | 7,000 | 0 | 0 |
Broadcom Inc. | COM | 11135F101 | 19,908,572 | 12,400 | SH | | SOLE | | 12,400 | 0 | 0 |
CBRE Group, Inc. Class A | COM | 12504L109 | 10,577,357 | 118,700 | SH | | SOLE | | 118,700 | 0 | 0 |
Cencora, Inc. | COM | 03073E105 | 31,654,650 | 140,500 | SH | | SOLE | | 140,500 | 0 | 0 |
Charles Schwab Corp. | COM | 808513105 | 22,895,483 | 310,700 | SH | | SOLE | | 310,700 | 0 | 0 |
Chevron Corporation | COM | 166764100 | 13,999,590 | 89,500 | SH | | SOLE | | 89,500 | 0 | 0 |
Cigna Group | COM | 125523100 | 28,726,533 | 86,900 | SH | | SOLE | | 86,900 | 0 | 0 |
Cisco Systems, Inc. | COM | 17275R102 | 12,442,869 | 261,900 | SH | | SOLE | | 261,900 | 0 | 0 |
Colgate-Palmolive Company | COM | 194162103 | 26,453,104 | 272,600 | SH | | SOLE | | 272,600 | 0 | 0 |
Constellation Energy Corporation | COM | 21037T109 | 2,643,564 | 13,200 | SH | | SOLE | | 13,200 | 0 | 0 |
Consumer Staples Select Sector SPDR Fund | COM | 81369Y308 | 14,879,494 | 194,300 | SH | | SOLE | | 194,300 | 0 | 0 |
Danaher Corporation | COM | 235851102 | 18,214,065 | 72,900 | SH | | SOLE | | 72,900 | 0 | 0 |
DexCom, Inc. | COM | 252131107 | 14,519,103 | 128,057 | SH | | SOLE | | 128,057 | 0 | 0 |
Diamondback Energy, Inc. | COM | 25278X109 | 18,137,214 | 90,600 | SH | | SOLE | | 90,600 | 0 | 0 |
DTE Energy Company | COM | 233331107 | 15,252,774 | 137,400 | SH | | SOLE | | 137,400 | 0 | 0 |
Edwards Lifesciences Corporation | COM | 28176E108 | 21,069,597 | 228,100 | SH | | SOLE | | 228,100 | 0 | 0 |
Eli Lilly and Company | COM | 532457108 | 57,553,196 | 63,568 | SH | | SOLE | | 63,568 | 0 | 0 |
Entergy Corporation | COM | 29364G103 | 10,774,900 | 100,700 | SH | | SOLE | | 100,700 | 0 | 0 |
Equinix, Inc. | COM | 29444U700 | 14,753,700 | 19,500 | SH | | SOLE | | 19,500 | 0 | 0 |
Freeport-McMoRan, Inc. | COM | 35671D857 | 19,639,260 | 404,100 | SH | | SOLE | | 404,100 | 0 | 0 |
General Dynamics Corporation | COM | 369550108 | 25,387,250 | 87,500 | SH | | SOLE | | 87,500 | 0 | 0 |
Health Care Select Sector SPDR Fund | COM | 81369Y209 | 9,779,825 | 67,100 | SH | | SOLE | | 67,100 | 0 | 0 |
Hess Corporation | COM | 42809H107 | 13,660,352 | 92,600 | SH | | SOLE | | 92,600 | 0 | 0 |
Home Depot, Inc. | COM | 437076102 | 14,285,960 | 41,500 | SH | | SOLE | | 41,500 | 0 | 0 |
Hubbell Incorporated | COM | 443510607 | 20,247,592 | 55,400 | SH | | SOLE | | 55,400 | 0 | 0 |
Industrial Select Sector SPDR Fund | COM | 81369Y704 | 6,775,972 | 55,600 | SH | | SOLE | | 55,600 | 0 | 0 |
Intuit Inc. | COM | 461202103 | 31,283,196 | 47,600 | SH | | SOLE | | 47,600 | 0 | 0 |
Johnson & Johnson | COM | 478160104 | 14,791,392 | 101,200 | SH | | SOLE | | 101,200 | 0 | 0 |
JPMorgan Chase & Co. | COM | 46625H100 | 61,560,460 | 304,363 | SH | | SOLE | | 304,363 | 0 | 0 |
Lam Research Corporation | COM | 512807108 | 39,931,875 | 37,500 | SH | | SOLE | | 37,500 | 0 | 0 |
Leidos Holdings, Inc. | COM | 525327102 | 24,347,372 | 166,900 | SH | | SOLE | | 166,900 | 0 | 0 |
Linde plc | COM | G54950103 | 26,942,934 | 61,400 | SH | | SOLE | | 61,400 | 0 | 0 |
Marathon Petroleum Corporation | COM | 56585A102 | 17,319,723 | 99,837 | SH | | SOLE | | 99,837 | 0 | 0 |
Marsh & McLennan Companies, Inc. | COM | 571748102 | 20,271,264 | 96,200 | SH | | SOLE | | 96,200 | 0 | 0 |
Mastercard Incorporated Class A | COM | 57636Q104 | 13,482,732 | 30,562 | SH | | SOLE | | 30,562 | 0 | 0 |
McDonald's Corporation | COM | 580135101 | 23,802,056 | 93,400 | SH | | SOLE | | 93,400 | 0 | 0 |
Merck & Co., Inc. | COM | 58933Y105 | 10,696,320 | 86,400 | SH | | SOLE | | 86,400 | 0 | 0 |
Meta Platforms, Inc. Class A | COM | 30303M102 | 74,977,514 | 148,700 | SH | | SOLE | | 148,700 | 0 | 0 |
Micron Technology, Inc. | COM | 595112103 | 25,069,618 | 190,600 | SH | | SOLE | | 190,600 | 0 | 0 |
Microsoft Corporation | COM | 594918104 | 234,738,140 | 525,200 | SH | | SOLE | | 525,200 | 0 | 0 |
Morgan Stanley | COM | 617446448 | 25,140,040 | 258,669 | SH | | SOLE | | 258,669 | 0 | 0 |
Netflix, Inc. | COM | 64110L106 | 30,519,423 | 45,222 | SH | | SOLE | | 45,222 | 0 | 0 |
NextEra Energy, Inc. | COM | 65339F101 | 24,974,687 | 352,700 | SH | | SOLE | | 352,700 | 0 | 0 |
NIKE, Inc. Class B | COM | 654106103 | 15,910,607 | 211,100 | SH | | SOLE | | 211,100 | 0 | 0 |
NVIDIA Corporation | COM | 67066G104 | 199,022,940 | 1,611,000 | SH | | SOLE | | 1,611,000 | 0 | 0 |
Oracle Corporation | COM | 68389X105 | 6,890,560 | 48,800 | SH | | SOLE | | 48,800 | 0 | 0 |
O'Reilly Automotive, Inc. | COM | 67103H107 | 24,078,168 | 22,800 | SH | | SOLE | | 22,800 | 0 | 0 |
Parker-Hannifin Corporation | COM | 701094104 | 14,061,518 | 27,800 | SH | | SOLE | | 27,800 | 0 | 0 |
PayPal Holdings, Inc. | COM | 70450Y103 | 11,843,923 | 204,100 | SH | | SOLE | | 204,100 | 0 | 0 |
Pentair plc | COM | G7S00T104 | 13,861,936 | 180,800 | SH | | SOLE | | 180,800 | 0 | 0 |
PepsiCo, Inc. | COM | 713448108 | 7,883,654 | 47,800 | SH | | SOLE | | 47,800 | 0 | 0 |
Philip Morris International Inc. | COM | 718172109 | 28,375,946 | 280,035 | SH | | SOLE | | 280,035 | 0 | 0 |
PNC Financial Services Group, Inc. | COM | 693475105 | 24,612,484 | 158,300 | SH | | SOLE | | 158,300 | 0 | 0 |
PPG Industries, Inc. | COM | 693506107 | 6,735,115 | 53,500 | SH | | SOLE | | 53,500 | 0 | 0 |
Prologis, Inc. | COM | 74340W103 | 15,835,710 | 141,000 | SH | | SOLE | | 141,000 | 0 | 0 |
Public Storage | COM | 74460D109 | 16,798,760 | 58,400 | SH | | SOLE | | 58,400 | 0 | 0 |
RTX Corporation | COM | 75513E101 | 17,397,587 | 173,300 | SH | | SOLE | | 173,300 | 0 | 0 |
Regeneron Pharmaceuticals, Inc. | COM | 75886F107 | 33,948,269 | 32,300 | SH | | SOLE | | 32,300 | 0 | 0 |
Republic Services, Inc. | COM | 760759100 | 25,750,050 | 132,500 | SH | | SOLE | | 132,500 | 0 | 0 |
Salesforce, Inc. | COM | 79466L302 | 16,145,880 | 62,800 | SH | | SOLE | | 62,800 | 0 | 0 |
Synopsys, Inc. | COM | 871607107 | 29,812,506 | 50,100 | SH | | SOLE | | 50,100 | 0 | 0 |
Sysco Corporation | COM | 871829107 | 17,126,461 | 239,900 | SH | | SOLE | | 239,900 | 0 | 0 |
Target Corporation | COM | 87612E106 | 17,809,212 | 120,300 | SH | | SOLE | | 120,300 | 0 | 0 |
Technology Select Sector SPDR Fund | COM | 81369Y803 | 16,831,512 | 74,400 | SH | | SOLE | | 74,400 | 0 | 0 |
Tesla, Inc. | COM | 88160R101 | 26,654,436 | 134,700 | SH | | SOLE | | 134,700 | 0 | 0 |
Allstate Corporation | COM | 020002101 | 16,684,470 | 104,500 | SH | | SOLE | | 104,500 | 0 | 0 |
Coca-Cola Company | COM | 191216100 | 9,165,600 | 144,000 | SH | | SOLE | | 144,000 | 0 | 0 |
Procter & Gamble Company | COM | 742718109 | 11,585,465 | 70,249 | SH | | SOLE | | 70,249 | 0 | 0 |
Walt Disney Company | COM | 254687106 | 10,703,462 | 107,800 | SH | | SOLE | | 107,800 | 0 | 0 |
Thermo Fisher Scientific Inc. | COM | 883556102 | 29,143,100 | 52,700 | SH | | SOLE | | 52,700 | 0 | 0 |
T-Mobile US, Inc. | COM | 872590104 | 12,684,960 | 72,000 | SH | | SOLE | | 72,000 | 0 | 0 |
Trane Technologies plc | COM | G8994E103 | 31,906,210 | 97,000 | SH | | SOLE | | 97,000 | 0 | 0 |
TransDigm Group Incorporated | COM | 893641100 | 24,657,873 | 19,300 | SH | | SOLE | | 19,300 | 0 | 0 |
Uber Technologies, Inc. | COM | 90353T100 | 25,961,296 | 357,200 | SH | | SOLE | | 357,200 | 0 | 0 |
Ulta Beauty, Inc. | COM | 90384S303 | 12,309,253 | 31,900 | SH | | SOLE | | 31,900 | 0 | 0 |
Union Pacific Corporation | COM | 907818108 | 19,729,872 | 87,200 | SH | | SOLE | | 87,200 | 0 | 0 |
UnitedHealth Group Incorporated | COM | 91324P102 | 17,773,174 | 34,900 | SH | | SOLE | | 34,900 | 0 | 0 |
Verizon Communications Inc. | COM | 92343V104 | 21,259,220 | 515,500 | SH | | SOLE | | 515,500 | 0 | 0 |
Visa Inc. Class A | COM | 92826C839 | 51,223,908 | 195,161 | SH | | SOLE | | 195,161 | 0 | 0 |
Vistra Corp. | COM | 92840M102 | 1,306,896 | 15,200 | SH | | SOLE | | 15,200 | 0 | 0 |
Walmart Inc. | COM | 931142103 | 34,325,111 | 506,943 | SH | | SOLE | | 506,943 | 0 | 0 |
Zoetis, Inc. Class A | COM | 98978V103 | 20,629,840 | 119,000 | SH | | SOLE | | 119,000 | 0 | 0 |