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
ANHEUSER BUSCH Common Stock 03524A108 553 9,125 SH   SOLE   9,125 0 0
APPLE INC. Common Stock 037833100 15,143 85,280 SH   SOLE   85,280 0 0
AT&T CORP. Common Stock 00206r102 2,151 87,436 SH   SOLE   87,436 0 0
BANK OF AMERICA CORP Common Stock 060505104 5,836 131,170 SH   SOLE   131,170 0 0
BAUSCH HEALTH COMPANIES INC. Common Stock 071734107 4,488 162,561 SH   SOLE   162,561 0 0
BAXTER INTERNATIONAL Common Stock 071813109 206 2,400 SH   SOLE   2,400 0 0
BAYER AG Common Stock 072730302 3,541 267,047 SH   SOLE   267,047 0 0
BOEING CO. Common Stock 097023105 4,980 24,739 SH   SOLE   24,739 0 0
BURKE & HERBERT BANK Common Stock 121331102 2,704 1,229 SH   SOLE   1,229 0 0
CARNIVAL CORP. Common Stock 143658300 384 19,063 SH   SOLE   19,063 0 0
CHEVRON Common Stock 166764100 4,577 39,005 SH   SOLE   39,005 0 0
CVS CORP Common Stock 126650100 6,804 65,954 SH   SOLE   65,954 0 0
DEUTSCHE BANK Common Stock D18190898 1,788 143,079 SH   SOLE   143,079 0 0
DIAGEO PLC Common Stock 25243Q205 5,054 22,956 SH   SOLE   22,956 0 0
DOLLAR TREE INC. Common Stock 256746108 7,607 54,135 SH   SOLE   54,135 0 0
EXXON MOBIL CORP Common Stock 30231g102 3,701 60,484 SH   SOLE   60,484 0 0
FEDERAL EXPRESS Common Stock 31428x106 4,075 15,754 SH   SOLE   15,754 0 0
GENERAL ELECTRIC Common Stock 369604103 4,055 42,920 SH   SOLE   42,920 0 0
GOLDMAN SACHS GROUP INC Common Stock 38141g104 3,812 9,966 SH   SOLE   9,966 0 0
GOOGLE INC. CLASS C Common Stock 38259P706 289 100 SH   SOLE   100 0 0
HOME DEPOT Common Stock 437076102 3,411 8,220 SH   SOLE   8,220 0 0
INTEL CORPORATION Common Stock 458140100 4,254 82,608 SH   SOLE   82,608 0 0
JOHNSON & JOHNSON Common Stock 478160104 4,744 27,733 SH   SOLE   27,733 0 0
JP MORGAN Common Stock 46625H100 8,929 56,390 SH   SOLE   56,390 0 0
LVMH MOET HENNESSY LOUIS VUITT Common Stock 502441306 381 2,300 SH   SOLE   2,300 0 0
MERCK CO. Common Stock 58933y105 2,908 37,946 SH   SOLE   37,946 0 0
MICROSOFT CORPORATION Common Stock 594918104 14,510 43,143 SH   SOLE   43,143 0 0
NVIDIA Common Stock 67066G104 382 1,300 SH   SOLE   1,300 0 0
PACIFIC GAS & ELECTRIC Common Stock 69331C108 3,679 303,055 SH   SOLE   303,055 0 0
SCHLUMBERGER LTD Common Stock 806857108 3,701 123,585 SH   SOLE   123,585 0 0
SIMON PPTY GROUP NEW Common Stock 828806109 5,093 31,875 SH   SOLE   31,875 0 0
TARGET CORP. Common Stock 87612e106 7,036 30,403 SH   SOLE   30,403 0 0
WALGREENS BOOTS ALLIANCE Common Stock 931427108 2,858 54,786 SH   SOLE   54,786 0 0
WELLS FARGO CO Common Stock 949746101 3,928 81,864 SH   SOLE   81,864 0 0
ISHARES RUSSELL 1000 VALUE IND Common Stock 464287598 579 3,450 SH   SOLE   3,450 0 0
SPDR BLMBG BARCLAYS 1-3 MONTH Common Stock 78468r663 2,392 26,161 SH   SOLE   26,161 0 0
SPDR S&P 500 ETF TRUST Common Stock 78462f103 807 1,700 SH   SOLE   1,700 0 0