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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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          <isin value="US0605051046"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>M and T BANK CORP</name>
        <lei>549300WYXDDBYRASEG81</lei>
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          <isin value="US55261F1049"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QUALCOMM INC</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
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          <isin value="US7475251036"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GENERAL DYNAMICS CORP</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>GENERAL DYNAMICS CORPORATION</title>
        <cusip>369550108</cusip>
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          <isin value="US3695501086"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACTIVISION BLIZZARD INC</name>
        <lei>549300TPQQDBP9GNOF40</lei>
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          <isin value="US00507V1098"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WHIRLPOOL CORP</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
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          <isin value="US9633201069"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIDELITY REVERE STREET TRUST</name>
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          <isin value="US31635A1051"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPECTRUM BRANDS HOLDINGS INC</name>
        <lei>549300JM0MJETDD30O20</lei>
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          <isin value="US84790A1051"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUBBELL INC</name>
        <lei>54930088VDQ6840Y6597</lei>
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        <cusip>443510607</cusip>
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          <isin value="US4435106079"/>
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        <balance>295340.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNION PACIFIC CORP</name>
        <lei>549300LMMRSZZCZ8CL11</lei>
        <title>UNION PACIFIC CORP</title>
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        <balance>689200.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLAXOSMITHKLINE PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
        <title>GLAXOSMITHKLINE PLC SPONS ADR</title>
        <cusip>37733W105</cusip>
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          <isin value="US37733W1053"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DUKE ENERGY CORP NEW</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>DUKE ENERGY CORP NEW</title>
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        <balance>105600.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DISNEY (WALT) CO</name>
        <lei>549300GZKULIZ0WOW665</lei>
        <title>DISNEY (WALT) CO</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COMCAST CORP NEW</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP CL A</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OMNICOM GROUP INC</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMNICOM GROUP INC</title>
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        <name>NVIDIA CORP</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA CORP</title>
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      <invstOrSec>
        <name>FOX CORPORATION</name>
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        <name>INTERCEPT PHARMACEUTICALS INC</name>
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        <name>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BOEING CO</title>
        <cusip>097023105</cusip>
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        <name>ALPHABET INC</name>
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        <title>ALPHABET INC CL A</title>
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        <name>BERKSHIRE HATHAWAY INC DEL</name>
        <lei>5493000C01ZX7D35SD85</lei>
        <title>BERKSHIRE HATHAWAY INC CL B</title>
        <cusip>084670702</cusip>
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        <name>XPO LOGISTICS INC</name>
        <lei>54930096DB9LCLPN7H13</lei>
        <title>XPO LOGISTICS INC</title>
        <cusip>983793100</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>PPL CORPORATION</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
        <title>PPL CORPORATION</title>
        <cusip>69351T106</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO</title>
        <cusip>949746101</cusip>
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      <invstOrSec>
        <name>INTERNATIONAL FLAVS and FRAG INC</name>
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      <invstOrSec>
        <name>LKQ CORP</name>
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      <invstOrSec>
        <name>CH ROBINSON WORLDWIDE INC</name>
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      <invstOrSec>
        <name>MOHAWK INDUSTRIES INC</name>
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        <name>INTERPUBLIC GROUP OF COS INC</name>
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      <invstOrSec>
        <name>SUNTRUST BANKS INC</name>
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        <name>HUNT (JB) TRANSPORT SERVICES</name>
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      <invstOrSec>
        <name>UNITED TECHNOLOGIES CORP</name>
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        <name>US BANCORP DEL</name>
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        <name>GENERAL ELECTRIC CO</name>
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      <invstOrSec>
        <name>BP PLC</name>
        <lei>213800LH1BZH3DI6G760</lei>
        <title>BP PLC SPON ADR</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HESS CORP</name>
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        <name>AMERISOURCEBERGEN CORP</name>
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        <name>DOLLAR TREE INC</name>
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        <name>MASTERCARD INC</name>
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        <name>AMGEN INC</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <name>AUTODESK INC</name>
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        <name>HERON THERAPEUTICS INC</name>
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        <name>WATSCO INC</name>
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        <name>BRITISH AMERICAN TOBACCO PLC</name>
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        <name>HUNTINGTON INGALLS INDUSTR INC</name>
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        <name>ANAPTYSBIO INC</name>
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        <title>ANAPTYSBIO INC</title>
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        <name>PAYCHEX INC</name>
        <lei>529900K900DW6SUBM174</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INSMED INC</name>
        <lei>529900Q55QAG41CCAC11</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COVETRUS INC</name>
        <lei>5493009S30DUFCF75V87</lei>
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        <cusip>22304C100</cusip>
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          <isin value="US22304C1009"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRAVELERS COS INC</name>
        <lei>549300Y650407RU8B149</lei>
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          <isin value="US89417E1091"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RADIAN GROUP INC</name>
        <lei>54930005OUP720S5U385</lei>
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          <isin value="US7502361014"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALEXION PHARMACEUTICALS INC</name>
        <lei>M1YXUUZR0EIMU8T0EM75</lei>
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          <isin value="US0153511094"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
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          <isin value="US92343V1044"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHERN COMPANY</name>
        <lei>549300FC3G3YU2FBZD92</lei>
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          <isin value="US8425871071"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CIGNA CORP</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CIGNA CORP</title>
        <cusip>125523100</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTINGHOUSE AIR BRAKE TECH CORP</name>
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        <cusip>929740108</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEMPRA ENERGY</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DISCOVERY INC</name>
        <lei>5493006ZCRFWKF6B1K26</lei>
        <title>DISCOVERY INC A</title>
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        <balance>237400.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COCA COLA CO</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>COCA COLA CO</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NUTRIEN LTD</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>NUTRIEN LTD</title>
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      <invstOrSec>
        <name>THE BOOKING HOLDINGS INC</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>THE BOOKING HOLDINGS INC</title>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES GRP INC</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BECTON DICKINSON and CO</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
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        <name>ANALOG DEVICES INC</name>
        <lei>GYVOE5EZ4GDAVTU4CQ61</lei>
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        <name>KKR and CO INC DEL</name>
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        <name>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC CL C</title>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MORGAN STANLEY</title>
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        <name>SINCLAIR BROADCAST GRP INC</name>
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        <title>SINCLAIR BROADCAST GROUP CL A</title>
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        <name>FLOWSERVE CORP</name>
        <lei>6Y0GK87T6V7NJKZJVM41</lei>
        <title>FLOWSERVE CORP</title>
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        <name>ELECTRONIC ARTS INC</name>
        <lei>549300O7A67PUEYKDL45</lei>
        <title>ELECTRONIC ARTS INC</title>
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        <name>DONALDSON INC</name>
        <lei>OZE6KXY9QQPR8EJ8WL20</lei>
        <title>DONALDSON CO INC</title>
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        <name>AVANTOR INC</name>
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        <name>SCOTTS MIRACLE GRO CO (THE)</name>
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        <name>SCHWAB CHARLES CORP</name>
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        <name>FIRST HAWAIIAN INC</name>
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        <name>INTERXION HOLDING NV</name>
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        <name>VISA INC</name>
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        <name>ABBVIE INC</name>
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        <name>SAP SE</name>
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        <name>BAKER HUGHES A GE CO</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NESTLE SA</name>
        <lei>KY37LUS27QQX7BB93L28</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACUITY BRANDS INC</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>3M CO</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STERICYCLE INC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>EXXON MOBIL CORP</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAYER CAPITAL CORP BV</name>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <delta>XXXX</delta>
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      <invstOrSec>
        <name>FIDELITY REVERE STREET TRUST</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BAYER AG</name>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDEX CORP</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THERAPEUTICSMD INC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>KOSMOS ENERGY LTD</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>CENOVUS ENERGY INC</name>
        <lei>549300DK79J32SE1QE52</lei>
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          <isin value="CA15135U1093"/>
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        <balance>21410691.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.32485000"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>WALMART INC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CISCO SYSTEMS INC</name>
        <lei>8E6NF1YAL0WT6CWXXV93</lei>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MCKESSON CORP</name>
        <lei>549300WZWOM80UCFSF54</lei>
        <title>MCKESSON CORP</title>
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          <isin value="US58155Q1031"/>
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        <balance>1181877.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161515310.82000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAPESTRY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GRITSTONE ONCOLOGY INC</name>
        <lei>5493003TER6KY3MUVY84</lei>
        <title>GRITSTONE ONCOLOGY INC</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2019-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Stacie M. Smith</ncom:nameOfApplicant>
      <ncom:signature>Stacie M. Smith</ncom:signature>
      <ncom:signerName>Stacie M. Smith</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
