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
ADVANCE AUTO PARTS INC COM 00751Y106 22,921 111,734 SH   SOLE   22,921 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 13,503 737,088 SH   SOLE   13,503 0 0
ALPHABET INC CAP STK CL A 02079K305 17,696 7,247 SH   SOLE   17,696 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 27,046 568,185 SH   SOLE   27,046 0 0
CHUBB LIMITED COM H1467J104 19,888 125,126 SH   SOLE   19,888 0 0
COMCAST CORP NEW CL A 20030N101 22,062 386,918 SH   SOLE   22,062 0 0
CORTEVA INC COM 22052L104 23,097 520,795 SH   SOLE   23,097 0 0
DEERE & CO COM 244199105 23,834 67,575 SH   SOLE   23,834 0 0
DOW INC COM 260557103 13,542 213,997 SH   SOLE   13,542 0 0
GENERAL DYNAMICS CORP COM 369550108 16,672 88,558 SH   SOLE   16,672 0 0
GENERAL MTRS CO COM 37045V100 13,997 236,557 SH   SOLE   13,997 0 0
HUNT J B TRANS SVCS INC COM 445658107 20,868 128,063 SH   SOLE   20,868 0 0
ORTHOFIX MED INC COM 68752M108 12,354 308,008 SH   SOLE   12,354 0 0
SYSCO CORP COM 871829107 14,376 184,902 SH   SOLE   14,376 0 0