The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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 CO COM COM 88579Y101 15,656 75,350 SH   SOLE   68,150 0 7,200
ABBVIE INC. COM COM 00287Y109 25,486 316,243 SH   SOLE   285,043 0 31,200
ALLSTATE CORPORATION COM 020002101 65,445 694,893 SH   SOLE   628,593 0 66,300
ALTRIA GROUP INC COM COM 02209S103 3,482 60,636 SH   SOLE   52,636 0 8,000
AMERICAN INTERNATIONAL GROUP COM 026874784 10,311 239,450 SH   SOLE   216,650 0 22,800
APPLE INC COM COM 037833100 25,056 131,908 SH   SOLE   119,408 0 12,500
AT&T INC COM COM 00206R102 41,975 1,338,494 SH   SOLE   1,211,109 0 127,385
BANK NEW YORK MELLON COM COM 064058100 20,536 407,224 SH   SOLE   368,424 0 38,800
BANK OF AMERICA CORP COM COM 060505104 16,104 583,676 SH   SOLE   528,076 0 55,600
BERKSHIRE HATHAWAY INC CL A COM 084670108 602 2 SH   SOLE   2 0 0
BOEING COM 097023105 23,705 62,150 SH   SOLE   56,050 0 6,100
CHEVRON CORP NEW COM COM 166764100 73,674 598,102 SH   SOLE   540,002 0 58,100
CISCO SYS INC COM COM 17275R102 17,939 332,273 SH   SOLE   300,673 0 31,600
CITIGROUP INC COM COM 172967424 11,285 181,375 SH   SOLE   164,075 0 17,300
COCA COLA CO COM COM 191216100 44,989 960,077 SH   SOLE   868,477 0 91,600
CONOCOPHILLIPS COM COM 20825C104 11,981 179,525 SH   SOLE   162,425 0 17,100
DISNEY WALT CO COM COM 254687106 44,048 396,723 SH   SOLE   358,867 0 37,855
DUKE ENERGY CORP COM COM 26441C204 9,075 100,831 SH   SOLE   90,431 0 10,400
EMERSON ELEC CO COM COM 291011104 27,286 398,516 SH   SOLE   360,616 0 37,900
EXELON CORP COM COM 30161N101 40,773 813,351 SH   SOLE   729,051 0 84,300
EXXON MOBIL CORP. COM 30231G102 75,904 939,402 SH   SOLE   848,302 0 91,100
FORD MTR CO COM 345370860 10,838 1,234,430 SH   SOLE   1,117,030 0 117,400
FOX CORP CL A COM COM 35137L105 2,862 77,959 SH   SOLE   70,592 0 7,367
GENERAL DYNAMICS CORP COM COM 369550108 29,876 176,489 SH   SOLE   159,089 0 17,400
GENERAL MTRS CO COM COM 37045V100 10,475 282,349 SH   SOLE   255,449 0 26,900
GILEAD SCIENCES INC COM COM 375558103 9,817 151,000 SH   SOLE   136,600 0 14,400
HOME DEPOT INC COM COM 437076102 5,325 27,750 SH   SOLE   25,050 0 2,700
INTEL CORP COM COM 458140100 40,301 750,483 SH   SOLE   679,483 0 71,000
INTERNATIONAL BUSINESS MACHINE COM 459200101 40,737 288,712 SH   SOLE   261,212 0 27,500
ISHARES TR S&P500/VALUE INDEX COM 464287408 1,818 16,129 SH   SOLE   0 0 16,129
JPMORGAN CHASE & CO. COM 46625H100 39,004 385,297 SH   SOLE   348,597 0 36,700
KINDER MORGAN INC DEL COM COM 49456B101 12,256 612,500 SH   SOLE   554,100 0 58,400
KRAFT HEINZ CO COM COM 500754106 7,161 219,325 SH   SOLE   198,425 0 20,900
LOCKHEED MARTIN CORP COM COM 539830109 10,371 34,550 SH   SOLE   31,150 0 3,400
MARKEL CORP COM COM 570535104 259 260 SH   SOLE   260 0 0
METLIFE INC COM COM 59156R108 9,776 229,641 SH   SOLE   207,741 0 21,900
NEXTERA ENERGY INC COM COM 65339F101 26,122 135,121 SH   SOLE   121,121 0 14,000
OCCIDENTAL PETE CP DEL COM COM 674599105 10,139 153,153 SH   SOLE   138,553 0 14,600
PEPSICO INC COM COM 713448108 10,420 85,025 SH   SOLE   76,925 0 8,100
PFIZER INC COM COM 717081103 63,385 1,492,462 SH   SOLE   1,344,060 0 148,402
PROCTER & GAMBLE CO COM COM 742718109 16,275 156,411 SH   SOLE   141,511 0 14,900
QUALCOMM INC COM COM 747525103 9,478 166,185 SH   SOLE   150,385 0 15,800
RAYTHEON CO COM NEW COM 755111507 16,481 90,514 SH   SOLE   81,614 0 8,900
SCHLUMBERGER LTD COM COM 806857108 11,398 261,600 SH   SOLE   236,700 0 24,900
SIMON PPTY GROUP INC N COM COM 828806109 10,161 55,765 SH   SOLE   50,465 0 5,300
SOUTHERN CO. COM 842587107 48,181 932,295 SH   SOLE   835,595 0 96,700
STANDARD & POOR'S DEPOSITARY R COM 78462F103 1,372 4,857 SH   SOLE   1,577 0 3,280
TARGET CORP COM COM 87612E106 77,780 969,104 SH   SOLE   874,804 0 94,300
TEXAS INSTRS INC COM COM 882508104 15,987 150,725 SH   SOLE   136,425 0 14,300
TRAVELERS COMPANIES COM COM 89417E109 10,280 74,950 SH   SOLE   67,850 0 7,100
UNION PAC CORP COM COM 907818108 42,532 254,380 SH   SOLE   230,180 0 24,200
UNITED PARCEL SERVICE CL B COM 911312106 10,768 96,370 SH   SOLE   87,170 0 9,200
UNITED TECHNOLOGIES COM 913017109 45,606 353,837 SH   SOLE   320,037 0 33,800
US BANCORP DEL COM NEW COM 902973304 23,284 483,181 SH   SOLE   433,581 0 49,600
VERIZON COMMUNICATIONS COM COM 92343V104 56,354 953,061 SH   SOLE   862,361 0 90,700
WALGREENS BOOTS ALLIANCE INC COM 931427108 60,350 953,850 SH   SOLE   861,650 0 92,200
WALMART INC COM 931142103 45,224 463,696 SH   SOLE   419,596 0 44,100
WELLS FARGO & CO NEW COM 949746101 9,903 204,950 SH   SOLE   185,450 0 19,500
BANCO SANTANDER SA COM 0113900J3 78 16,700 SH   SOLE   16,700 0 0
TELEFONICA SA COM 0178430E1 114 13,600 SH   SOLE   13,600 0 0
AVIVA PLC COM 000216238 138 25,600 SH   SOLE   25,600 0 0
BP PLC COM 000798059 104 14,289 SH   SOLE   14,289 0 0
PANASONIC CORP COM 386680000 109 12,600 SH   SOLE   12,600 0 0