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 1,651 13,950 SH   DFND   0 0 13,950
ABBVIE INC COM 00287Y109 9,929 61,250 SH   DFND   0 0 61,250
ALTRIA GROUP INC COM 02209S103 1,626 31,121 SH   DFND   0 0 31,121
ANALOG DEVICES INC COM 032654105 2,724 16,493 SH   DFND   0 0 16,493
APPLE INC COM 037833100 240 1,348 SH   DFND   0 0 1,348
AUTOMATIC DATA PROCESSING IN COM 053015103 10,232 44,968 SH   DFND   0 0 44,968
BK OF AMERICA CORP COM 060505104 7,655 185,711 SH   DFND   0 0 185,711
BOEING CO COM 097023105 862 4,500 SH   DFND   0 0 4,500
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 2,009 12,900 SH   DFND   0 0 12,900
CDK GLOBAL INC COM 12508E101 234 4,798 SH   DFND   0 0 4,798
CHEVRON CORP NEW COM 166764100 725 4,450 SH   DFND   0 0 4,450
CISCO SYS INC COM 17275R102 2,347 42,100 SH   DFND   0 0 42,100
CITIGROUP INC COM NEW 172967424 946 17,719 SH   DFND   0 0 17,719
COCA COLA CO COM 191216100 2,300 37,090 SH   DFND   0 0 37,090
COLGATE PALMOLIVE CO COM 194162103 253 3,332 SH   DFND   0 0 3,332
COMCAST CORP NEW CL A 20030N101 515 10,998 SH   DFND   0 0 10,998
CONOCOPHILLIPS COM 20825C104 520 5,200 SH   DFND   0 0 5,200
CROWN CASTLE INTL CORP NEW COM 22822V101 480 2,600 SH   DFND   0 0 2,600
EBAY INC. COM 278642103 3,207 56,000 SH   DFND   0 0 56,000
FEDEX CORP COM 31428X106 4,229 18,275 SH   DFND   0 0 18,275
GOLDMAN SACHS GROUP INC COM 38141G104 4,377 13,259 SH   DFND   0 0 13,259
HOME DEPOT INC COM 437076102 4,062 13,570 SH   DFND   0 0 13,570
ILLINOIS TOOL WKS INC COM 452308109 272 1,298 SH   DFND   0 0 1,298
INTERNATIONAL BUSINESS MACHS COM 459200101 905 6,957 SH   DFND   0 0 6,957
ISTAR INC COM 45031U101 1,288 55,000 SH   DFND   0 0 55,000
JPMORGAN CHASE & CO COM 46625H100 5,165 37,890 SH   DFND   0 0 37,890
KINDER MORGAN INC DEL COM 49456B101 7,727 408,641 SH   DFND   0 0 408,641
LILLY ELI & CO COM 532457108 1,775 6,200 SH   DFND   0 0 6,200
LINDE PLC SHS G5494J103 511 1,600 SH   DFND   0 0 1,600
LOWES COS INC COM 548661107 404 2,000 SH   DFND   0 0 2,000
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 1,285 26,182 SH   DFND   0 0 26,182
MICROSOFT CORP COM 594918104 19,162 62,151 SH   DFND   0 0 62,151
MONDELEZ INTL INC CL A 609207105 437 6,954 SH   DFND   0 0 6,954
OLIN CORP COM PAR $1 680665205 259 4,955 SH   DFND   0 0 4,955
PAYPAL HLDGS INC COM 70450Y103 4,703 40,670 SH   DFND   0 0 40,670
PFIZER INC COM 717081103 3,510 67,800 SH   DFND   0 0 67,800
PHILIP MORRIS INTL INC COM 718172109 1,442 15,350 SH   DFND   0 0 15,350
PROCTER AND GAMBLE CO COM 742718109 265 1,736 SH   DFND   0 0 1,736
QUALCOMM INC COM 747525103 9,376 61,350 SH   DFND   0 0 61,350
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 226 5,500 SH   DFND   0 0 5,500
TRAVEL PLUS LEISURE CO COM 894164102 1,889 32,600 SH   DFND   0 0 32,600
VIATRIS INC COM 92556V106 2,417 222,144 SH   DFND   0 0 222,144
VISA INC COM CL A 92826C839 15,905 71,719 SH   DFND   0 0 71,719
WALMART INC COM 931142103 4,036 27,100 SH   DFND   0 0 27,100
WILLIAMS COS INC COM 969457100 10,980 328,650 SH   DFND   0 0 328,650
WYNDHAM HOTELS & RESORTS INC COM 98311A105 2,829 33,400 SH   DFND   0 0 33,400