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
ALASKA AIR GROUP INC COM 011659109 2,317 57,847 SH   SOLE   57,847 0 0
ANALOG DEVICES INC COM 032654105 17,976 123,048 SH   SOLE   123,048 0 0
ARAMARK COM 03852U106 6,022 196,590 SH   SOLE   196,590 0 0
ASHLAND GLOBAL HLDGS INC COM 044186104 14,271 138,490 SH   SOLE   138,490 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 1,868 3,926 SH   SOLE   3,926 0 0
AVERY DENNISON CORP COM 053611109 12,565 77,624 SH   SOLE   77,624 0 0
CF INDS HLDGS INC COM 125269100 2,417 28,192 SH   SOLE   28,192 0 0
CNH INDL N V SHS N20944109 3,221 277,879 SH   SOLE   277,879 0 0
CORTEVA INC COM 22052L104 25,379 468,766 SH   SOLE   468,766 0 0
DEERE & CO COM 244199105 4,821 16,097 SH   SOLE   16,097 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 2,171 74,928 SH   SOLE   74,928 0 0
EMERSON ELEC CO COM 291011104 10,113 127,145 SH   SOLE   127,145 0 0
FASTENAL CO COM 311900104 5,400 108,171 SH   SOLE   108,171 0 0
FMC CORP COM NEW 302491303 14,019 131,011 SH   SOLE   131,011 0 0
HEXCEL CORP NEW COM 428291108 3,270 62,513 SH   SOLE   62,513 0 0
HOWMET AEROSPACE INC COM 443201108 30,623 973,716 SH   SOLE   973,716 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 12,917 108,438 SH   SOLE   108,438 0 0
ISHARES TR ISHARES SEMICDTR 464287523 1,409 4,031 SH   SOLE   4,031 0 0
ITT INC COM 45073V108 15,965 237,437 SH   SOLE   237,437 0 0
LINDE PLC SHS G5494J103 10,031 34,887 SH   SOLE   34,887 0 0
MAGNA INTL INC COM 559222401 6,908 125,830 SH   SOLE   125,830 0 0
MARVELL TECHNOLOGY INC COM 573874104 2,472 56,784 SH   SOLE   56,784 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 2,397 41,278 SH   SOLE   41,278 0 0
MICROSOFT CORP COM 594918104 9,172 35,712 SH   SOLE   35,712 0 0
OTIS WORLDWIDE CORP COM 68902V107 3,705 52,422 SH   SOLE   52,422 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 28,271 294,156 SH   SOLE   294,156 0 0
STMICROELECTRONICS N V NY REGISTRY 861012102 6,649 211,281 SH   SOLE   211,281 0 0
VISTEON CORP COM NEW 92839U206 11,506 111,087 SH   SOLE   111,087 0 0