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
ABBOTT LABS COM 002824100 1,963 13,950 SH   DFND   0 0 13,950
ABBVIE INC COM 00287Y109 8,293 61,250 SH   DFND   0 0 61,250
ALTRIA GROUP INC COM 02209S103 1,475 31,121 SH   DFND   0 0 31,121
ANALOG DEVICES INC COM 032654105 2,899 16,493 SH   DFND   0 0 16,493
APPLE INC COM 037833100 239 1,348 SH   DFND   0 0 1,348
AUTOMATIC DATA PROCESSING IN COM 053015103 11,088 44,968 SH   DFND   0 0 44,968
BK OF AMERICA CORP COM 060505104 8,262 185,711 SH   DFND   0 0 185,711
BOEING CO COM 097023105 906 4,500 SH   DFND   0 0 4,500
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 2,358 12,900 SH   DFND   0 0 12,900
CDK GLOBAL INC COM 12508E101 200 4,798 SH   DFND   0 0 4,798
CHEVRON CORP NEW COM 166764100 522 4,450 SH   DFND   0 0 4,450
CISCO SYS INC COM 17275R102 2,668 42,100 SH   DFND   0 0 42,100
CITIGROUP INC COM NEW 172967424 1,132 18,744 SH   DFND   0 0 18,744
COCA COLA CO COM 191216100 2,196 37,090 SH   DFND   0 0 37,090
COLGATE PALMOLIVE CO COM 194162103 284 3,332 SH   DFND   0 0 3,332
COMCAST CORP NEW CL A 20030N101 554 10,998 SH   DFND   0 0 10,998
CONOCOPHILLIPS COM 20825C104 375 5,200 SH   DFND   0 0 5,200
CROWN CASTLE INTL CORP NEW COM 22822V101 543 2,600 SH   DFND   0 0 2,600
EBAY INC. COM 278642103 3,724 56,000 SH   DFND   0 0 56,000
FEDEX CORP COM 31428X106 4,727 18,275 SH   DFND   0 0 18,275
GOLDMAN SACHS GROUP INC COM 38141G104 5,072 13,259 SH   DFND   0 0 13,259
HOME DEPOT INC COM 437076102 5,632 13,570 SH   DFND   0 0 13,570
ILLINOIS TOOL WKS INC COM 452308109 320 1,298 SH   DFND   0 0 1,298
INTEL CORP COM 458140100 206 4,000 SH   DFND   0 0 4,000
INTERNATIONAL BUSINESS MACHS COM 459200101 930 6,957 SH   DFND   0 0 6,957
ISTAR INC COM 45031U101 1,421 55,000 SH   DFND   0 0 55,000
JPMORGAN CHASE & CO COM 46625H100 6,000 37,890 SH   DFND   0 0 37,890
KINDER MORGAN INC DEL COM 49456B101 6,449 406,641 SH   DFND   0 0 406,641
LILLY ELI & CO COM 532457108 1,713 6,200 SH   DFND   0 0 6,200
LINDE PLC SHS G5494J103 554 1,600 SH   DFND   0 0 1,600
LOWES COS INC COM 548661107 517 2,000 SH   DFND   0 0 2,000
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 1,216 26,182 SH   DFND   0 0 26,182
MICROSOFT CORP COM 594918104 21,205 63,051 SH   DFND   0 0 63,051
MONDELEZ INTL INC CL A 609207105 461 6,954 SH   DFND   0 0 6,954
OLIN CORP COM PAR $1 680665205 285 4,955 SH   DFND   0 0 4,955
PAYPAL HLDGS INC COM 70450Y103 7,538 39,970 SH   DFND   0 0 39,970
PFIZER INC COM 717081103 4,004 67,800 SH   DFND   0 0 67,800
PHILIP MORRIS INTL INC COM 718172109 1,458 15,350 SH   DFND   0 0 15,350
PROCTER AND GAMBLE CO COM 742718109 284 1,736 SH   DFND   0 0 1,736
QUALCOMM INC COM 747525103 11,219 61,350 SH   DFND   0 0 61,350
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 285 6,100 SH   DFND   0 0 6,100
TRAVEL PLUS LEISURE CO COM 894164102 1,802 32,600 SH   DFND   0 0 32,600
VIATRIS INC COM 92556V106 3,015 222,806 SH   DFND   0 0 222,806
VISA INC COM CL A 92826C839 15,542 71,719 SH   DFND   0 0 71,719
WALMART INC COM 931142103 3,921 27,100 SH   DFND   0 0 27,100
WILLIAMS COS INC COM 969457100 8,558 328,650 SH   DFND   0 0 328,650
WYNDHAM HOTELS & RESORTS INC COM 98311A105 2,994 33,400 SH   DFND   0 0 33,400