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
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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
American Express Co. COM 025816109 77,334 639,600 SH   SOLE   639,600 0 0
Anthem, Inc. COM 036752103 194,709 606,400 SH   SOLE   606,400 0 0
Bank of America Corporation COM 060505104 105,606 3,484,200 SH   SOLE   3,484,200 0 0
Cigna Corporation COM 125523100 93,369 448,500 SH   SOLE   448,500 0 0
CVS Health Corporation COM 126650100 55,063 806,200 SH   SOLE   806,200 0 0
Diageo PLC COM 25243Q205 47,246 297,500 SH   SOLE   297,500 0 0
FedEx Corporation COM 31428X106 93,905 361,700 SH   SOLE   361,700 0 0
Johnson & Johnson COM 478160104 202,658 1,287,700 SH   SOLE   1,287,700 0 0
JPMorgan Chase & Co. COM 46625H100 111,021 873,700 SH   SOLE   873,700 0 0
Lockheed Martin Corp. COM 539830109 64,251 181,000 SH   SOLE   181,000 0 0
McDonald's Corp. COM 580135101 131,731 613,900 SH   SOLE   613,900 0 0
Microsoft Corp. COM 594918104 185,009 831,800 SH   SOLE   831,800 0 0
Morgan Stanley COM 617446448 165,651 2,417,200 SH   SOLE   2,417,200 0 0
Northrop Grumman Corp. COM 666807102 66,033 216,700 SH   SOLE   216,700 0 0
PepsiCo, Inc. COM 713448108 112,189 756,500 SH   SOLE   756,500 0 0
Raytheon Technologies Corp. COM 75513E101 78,375 1,096,000 SH   SOLE   1,096,000 0 0
Target Corp. COM 87612E106 204,175 1,156,600 SH   SOLE   1,156,600 0 0
The Coca-Cola Co. COM 191216100 75,290 1,372,900 SH   SOLE   1,372,900 0 0
The Goldman Sachs Group, Inc. COM 38141G104 92,826 352,000 SH   SOLE   352,000 0 0
The Home Depot, Inc. COM 437076102 103,512 389,700 SH   SOLE   389,700 0 0
The TJX Companies, Inc. COM 872540109 92,711 1,357,600 SH   SOLE   1,357,600 0 0
UnitedHealth Group Inc. COM 91324P102 206,726 589,500 SH   SOLE   589,500 0 0
ViacomCBS Inc. COM 92556H206 79,122 2,123,500 SH   SOLE   2,123,500 0 0
Zimmer Biomet Holdings, Inc. COM 98956P102 123,534 801,700 SH   SOLE   801,700 0 0