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        <titleOfClass>COM</titleOfClass>
        <cusip>29444U700</cusip>
        <value>13803791</value>
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            <sshPrnamt>17353</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <None>0</None>
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        <titleOfClass>SH BEN INT</titleOfClass>
        <cusip>29476L107</cusip>
        <value>9563333</value>
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        <votingAuthority>
            <Sole>141700</Sole>
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            <None>0</None>
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        <nameOfIssuer>EXELON CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>30161N101</cusip>
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            <sshPrnamt>242515</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>242515</Sole>
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            <None>0</None>
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        <nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>30231G102</cusip>
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            <sshPrnamt>603403</sshPrnamt>
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            <Sole>603403</Sole>
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        <nameOfIssuer>FAIR ISAAC CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>303250104</cusip>
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            <sshPrnamt>4100</sshPrnamt>
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            <Sole>4100</Sole>
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        <titleOfClass>COM</titleOfClass>
        <cusip>311900104</cusip>
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            <sshPrnamt>206500</sshPrnamt>
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            <Sole>206500</Sole>
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            <None>0</None>
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        <cusip>31428X106</cusip>
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            <sshPrnamt>32120</sshPrnamt>
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            <Sole>32120</Sole>
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            <None>0</None>
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        <nameOfIssuer>FERRARI N V</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>N3167Y103</cusip>
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            <sshPrnamt>7900</sshPrnamt>
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        <votingAuthority>
            <Sole>7900</Sole>
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            <None>0</None>
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        <nameOfIssuer>FIDELITY NATL INFORMATION SV</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>31620M106</cusip>
        <value>7512678</value>
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            <sshPrnamt>92282</sshPrnamt>
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            <Sole>92282</Sole>
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            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>99731</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>99731</Sole>
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            <None>0</None>
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        <nameOfIssuer>FLUTTER ENTMT PLC</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>G3643J108</cusip>
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            <sshPrnamt>36600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>36600</Sole>
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            <None>0</None>
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        <nameOfIssuer>FORD MTR CO</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>847972</sshPrnamt>
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            <Sole>847972</Sole>
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        <nameOfIssuer>FREEPORT-MCMORAN INC</nameOfIssuer>
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        <cusip>35671D857</cusip>
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        <nameOfIssuer>FTAI AVIATION LTD</nameOfIssuer>
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        <cusip>G3730V105</cusip>
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        <votingAuthority>
            <Sole>81000</Sole>
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        <nameOfIssuer>GALLAGHER ARTHUR J &amp; CO</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>363576109</cusip>
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            <sshPrnamt>41250</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>41250</Sole>
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            <sshPrnamt>21501</sshPrnamt>
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        <votingAuthority>
            <Sole>21501</Sole>
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        <nameOfIssuer>GE AEROSPACE</nameOfIssuer>
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        <nameOfIssuer>GE HEALTHCARE TECHNOLOGIES I</nameOfIssuer>
        <titleOfClass>COMMON STOCK</titleOfClass>
        <cusip>36266G107</cusip>
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        <nameOfIssuer>GILEAD SCIENCES INC</nameOfIssuer>
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        <nameOfIssuer>GOLDMAN SACHS GROUP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>38141G104</cusip>
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        <nameOfIssuer>GRAINGER W W INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>HEICO CORP NEW</nameOfIssuer>
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        <cusip>422806208</cusip>
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        <nameOfIssuer>HEICO CORP NEW</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>422806109</cusip>
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        <nameOfIssuer>HESS CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>42809H107</cusip>
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        <nameOfIssuer>HILTON WORLDWIDE HLDGS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>43300A203</cusip>
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        <nameOfIssuer>HOME DEPOT INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>437076102</cusip>
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        <nameOfIssuer>HOWMET AEROSPACE INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>443201108</cusip>
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        <votingAuthority>
            <Sole>76224</Sole>
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        <nameOfIssuer>HP INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>40434L105</cusip>
        <value>7745186</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>316647</Sole>
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            <None>0</None>
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        <nameOfIssuer>ILLINOIS TOOL WKS INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>452308109</cusip>
        <value>11950582</value>
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            <sshPrnamt>48334</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>48334</Sole>
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            <None>0</None>
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        <nameOfIssuer>INGERSOLL RAND INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>45687V106</cusip>
        <value>11825202</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>142164</Sole>
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            <None>0</None>
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        <nameOfIssuer>INTEL CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>458140100</cusip>
        <value>14273795</value>
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            <sshPrnamt>637223</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>637223</Sole>
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            <None>0</None>
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        <nameOfIssuer>INTERCONTINENTAL EXCHANGE IN</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>45866F104</cusip>
        <value>16218931</value>
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            <sshPrnamt>88401</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>88401</Sole>
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        <nameOfIssuer>INTERNATIONAL BUSINESS MACHS</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>459200101</cusip>
        <value>37542591</value>
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            <sshPrnamt>127358</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>127358</Sole>
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        <nameOfIssuer>INTUIT</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>461202103</cusip>
        <value>32653565</value>
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            <sshPrnamt>41458</sshPrnamt>
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            <Sole>41458</Sole>
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        <nameOfIssuer>NXP SEMICONDUCTORS N V</nameOfIssuer>
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        <nameOfIssuer>PROLOGIS INC.</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <cusip>74460D109</cusip>
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        <nameOfIssuer>PUBLIC SVC ENTERPRISE GRP IN</nameOfIssuer>
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        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>REALTY INCOME CORP</nameOfIssuer>
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        <cusip>756109104</cusip>
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        <nameOfIssuer>REGENCY CTRS CORP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>REGENERON PHARMACEUTICALS</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>SEMPRA</nameOfIssuer>
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        <nameOfIssuer>SUN LIFE FINANCIAL INC.</nameOfIssuer>
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        <cusip>891160509</cusip>
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