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                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CHUY'S HOLDINGS INC</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>171604101</cusip>
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                    <isin value="US1716041017"/>
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                <balance>17562</balance>
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                <curCd>USD</curCd>
                <valUSD>778347.84</valUSD>
                <pctVal>0.268364562145</pctVal>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ABBVIE INC</name>
                <lei>FR5LCKFTG8054YNNRU85</lei>
                <title>COMMON STOCK</title>
                <cusip>00287Y109</cusip>
                <identifiers>
                    <isin value="US00287Y1091"/>
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                <balance>37125</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4017667.5</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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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>ARMADA HOFFLER PROPERTIES INC</name>
                <lei>549300WQRSIV6XZT9313</lei>
                <title>COMMON STOCK</title>
                <cusip>04208T108</cusip>
                <identifiers>
                    <isin value="US04208T1088"/>
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                <balance>96384</balance>
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                <curCd>USD</curCd>
                <valUSD>1208655.36</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>GAMING AND LEISURE PROPERTIES INC</name>
                <lei>5493006GWRDBCZYWTM57</lei>
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                <cusip>36467J108</cusip>
                <identifiers>
                    <isin value="US36467J1088"/>
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                <balance>70811</balance>
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                <curCd>USD</curCd>
                <valUSD>3004510.73</valUSD>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>ALPHABET INC</name>
                <lei>5493006MHB84DD0ZWV18</lei>
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                <cusip>02079K107</cusip>
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                    <isin value="US02079K1079"/>
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                <balance>4892</balance>
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                <curCd>USD</curCd>
                <valUSD>10119737.96</valUSD>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>UPLAND SOFTWARE INC</name>
                <lei>549300NS277POYJ63W89</lei>
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                <cusip>91544A109</cusip>
                <identifiers>
                    <isin value="US91544A1097"/>
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                <balance>9200</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>434148</valUSD>
                <pctVal>0.149688779153</pctVal>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>SUMMIT MATERIALS INC</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>86614U100</cusip>
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                    <isin value="US86614U1007"/>
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                <balance>39774</balance>
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                <curCd>USD</curCd>
                <valUSD>1114467.48</valUSD>
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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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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>PAYPAL HOLDINGS INC</name>
                <lei>5493005X2GO78EFZ3E94</lei>
                <title>COMMON STOCK</title>
                <cusip>70450Y103</cusip>
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                    <isin value="US70450Y1038"/>
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                <balance>10400</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2525536</valUSD>
                <pctVal>0.870773101679</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>CIGNA CORP</name>
                <lei>549300VIWYMSIGT1U456</lei>
                <title>COMMON STOCK</title>
                <cusip>125523100</cusip>
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                    <isin value="US1255231003"/>
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                <balance>7700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1861398</valUSD>
                <pctVal>0.641786658325</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>AVANTOR INC</name>
                <lei>5493003VM0XB4U8YD238</lei>
                <title>COMMON STOCK</title>
                <cusip>05352A100</cusip>
                <identifiers>
                    <isin value="US05352A1007"/>
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                <balance>41431</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1198598.83</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>DYNATRACE INC</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>268150109</cusip>
                <identifiers>
                    <isin value="US2681501092"/>
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                <balance>30782</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1484923.68</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>KURA SUSHI USA INC</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>501270102</cusip>
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                    <isin value="US5012701026"/>
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                <balance>14077</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>445396.28</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>OTIS WORLDWIDE CORP</name>
                <lei>549300ZLBKR8VSU25153</lei>
                <title>COMMON STOCK</title>
                <cusip>68902V107</cusip>
                <identifiers>
                    <isin value="US68902V1070"/>
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                <balance>27800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1902910</valUSD>
                <pctVal>0.656099474692</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>THOMA BRAVO ADVANTAGE</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>G88272102</cusip>
                <identifiers>
                    <isin value="KYG882721023"/>
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                <balance>31021</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>324169.45</valUSD>
                <pctVal>0.111769556025</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>FIRSTMARK HORIZON ACQUISITION CORP</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>33765Y101</cusip>
                <identifiers>
                    <isin value="US33765Y1010"/>
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                <balance>41382</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>413820</valUSD>
                <pctVal>0.142679939996</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>SENIOR CONNECT ACQUISITION CORP I</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>81723H108</cusip>
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                    <isin value="US81723H1086"/>
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                <balance>90234</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>877074.48</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>VOR BIOPHARMA INC</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <isin value="US9290331084"/>
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                <balance>24668</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1063190.8</valUSD>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
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            <invstOrSec>
                <name>WELLS FARGO  AND  CO</name>
                <lei>PBLD0EJDB5FWOLXP3B76</lei>
                <title>COMMON STOCK</title>
                <cusip>949746101</cusip>
                <identifiers>
                    <isin value="US9497461015"/>
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                <balance>25700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1004099</valUSD>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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            <invstOrSec>
                <name>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>COMMON STOCK</title>
                <cusip>617446448</cusip>
                <identifiers>
                    <isin value="US6174464486"/>
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                <balance>27038</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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            <invstOrSec>
                <name>MICRON TECHNOLOGY INC</name>
                <lei>B3DXGBC8GAIYWI2Z0172</lei>
                <title>COMMON STOCK</title>
                <cusip>595112103</cusip>
                <identifiers>
                    <isin value="US5951121038"/>
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                <balance>24200</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2134682</valUSD>
                <pctVal>0.736011550118</pctVal>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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            <invstOrSec>
                <name>CVS HEALTH CORP</name>
                <lei>549300EJG376EN5NQE29</lei>
                <title>COMMON STOCK</title>
                <cusip>126650100</cusip>
                <identifiers>
                    <isin value="US1266501006"/>
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                <balance>23600</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1775428</valUSD>
                <pctVal>0.612145281781</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
                <securityLending>
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            <invstOrSec>
                <name>MOLSON COORS BEVERAGE CO</name>
                <lei>54930073LBBH6ZCBE225</lei>
                <title>COMMON STOCK</title>
                <cusip>60871R209</cusip>
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                    <isin value="US60871R2094"/>
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                <balance>28435</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1454450.25</valUSD>
                <pctVal>0.50147618384</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>BIOGEN INC</name>
                <lei>W8J5WZB5IY3K0NDQT671</lei>
                <title>COMMON STOCK</title>
                <cusip>09062X103</cusip>
                <identifiers>
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                <balance>5000</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1398750</valUSD>
                <pctVal>0.482271437023</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>CITRIX SYSTEMS INC</name>
                <lei>HCTKJGUQOPZ5NBK7NP58</lei>
                <title>COMMON STOCK</title>
                <cusip>177376100</cusip>
                <identifiers>
                    <isin value="US1773761002"/>
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                <balance>7600</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1066736</valUSD>
                <pctVal>0.367797178655</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>NORTHROP GRUMMAN CORP</name>
                <lei>RIMU48P07456QXSO0R61</lei>
                <title>COMMON STOCK</title>
                <cusip>666807102</cusip>
                <identifiers>
                    <isin value="US6668071029"/>
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                <balance>6900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2233116</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>SOUTHWEST AIRLINES CO</name>
                <lei>UDTZ87G0STFETI6HGH41</lei>
                <title>COMMON STOCK</title>
                <cusip>844741108</cusip>
                <identifiers>
                    <isin value="US8447411088"/>
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                <balance>74000</balance>
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                <curCd>USD</curCd>
                <valUSD>4518440</valUSD>
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                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>APPLE INC</name>
                <lei>HWUPKR0MPOU8FGXBT394</lei>
                <title>COMMON STOCK</title>
                <cusip>037833100</cusip>
                <identifiers>
                    <isin value="US0378331005"/>
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                <balance>164832</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>20134228.8</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <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>
            <invstOrSec>
                <name>UNITED RENTALS INC</name>
                <lei>5323X5O7RN0NKFCDRY08</lei>
                <title>COMMON STOCK</title>
                <cusip>911363109</cusip>
                <identifiers>
                    <isin value="US9113631090"/>
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                <balance>13100</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>RAYMOND JAMES FINANCIAL INC</name>
                <lei>RGUZHJ05YTITL6D76949</lei>
                <title>COMMON STOCK</title>
                <cusip>754730109</cusip>
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                    <isin value="US7547301090"/>
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                <balance>11700</balance>
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                <curCd>USD</curCd>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <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>NUCOR CORP</name>
                <lei>549300GGJCRSI2TIEJ46</lei>
                <title>COMMON STOCK</title>
                <cusip>670346105</cusip>
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                    <isin value="US6703461052"/>
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                <balance>40663</balance>
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                <curCd>USD</curCd>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>BANK OF AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>COMMON STOCK</title>
                <cusip>060505104</cusip>
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                    <isin value="US0605051046"/>
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                <balance>267442</balance>
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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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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>EASTMAN CHEMICAL CO</name>
                <lei>FDPVHDGJ1IQZFK9KH630</lei>
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                <cusip>277432100</cusip>
                <identifiers>
                    <isin value="US2774321002"/>
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                <balance>22600</balance>
                <units>NS</units>
                <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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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>PULTE HOMES INC</name>
                <lei>N/A</lei>
                <title>COMMON STOCK</title>
                <cusip>745867101</cusip>
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                    <isin value="US7458671010"/>
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                <balance>78800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4132272</valUSD>
                <pctVal>1.42475549999</pctVal>
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                <assetCat>EC</assetCat>
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                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>WALT DISNEY CO/THE</name>
                <lei>549300GZKULIZ0WOW665</lei>
                <title>COMMON STOCK</title>
                <cusip>254687106</cusip>
                <identifiers>
                    <isin value="US2546871060"/>
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                <balance>20000</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3690400</valUSD>
                <pctVal>1.27240358262</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>TENET HEALTHCARE CORP</name>
                <lei>0W9AIBT6U6ADJ2I8HK17</lei>
                <title>COMMON STOCK</title>
                <cusip>88033G407</cusip>
                <identifiers>
                    <isin value="US88033G4073"/>
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                <balance>33700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1752400</valUSD>
                <pctVal>0.604205516525</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>UNITEDHEALTH GROUP INC</name>
                <lei>549300GHBMY8T5GXDE41</lei>
                <title>COMMON STOCK</title>
                <cusip>91324P102</cusip>
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                    <isin value="US91324P1021"/>
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                <balance>12900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4799703</valUSD>
                <pctVal>1.654877328396</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>WALMART INC</name>
                <lei>Y87794H0US1R65VBXU25</lei>
                <title>COMMON STOCK</title>
                <cusip>931142103</cusip>
                <identifiers>
                    <isin value="US9311421039"/>
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                <balance>38800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>5270204</valUSD>
                <pctVal>1.817100165494</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>NCR CORP</name>
                <lei>549300YKTY8JX1DV2R67</lei>
                <title>COMMON STOCK</title>
                <cusip>62886E108</cusip>
                <identifiers>
                    <isin value="US62886E1082"/>
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                <balance>35700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1354815</valUSD>
                <pctVal>0.46712320068</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>MEDTRONIC PLC</name>
                <lei>549300GX3ZBSQWUXY261</lei>
                <title>COMMON STOCK</title>
                <cusip>G5960L103</cusip>
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                    <isin value="IE00BTN1Y115"/>
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                <balance>14800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1748324</valUSD>
                <pctVal>0.602800162904</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IE</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>BERKSHIRE HATHAWAY INC</name>
                <lei>5493000C01ZX7D35SD85</lei>
                <title>COMMON STOCK</title>
                <cusip>084670702</cusip>
                <identifiers>
                    <isin value="US0846707026"/>
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                <balance>21900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>5594793</valUSD>
                <pctVal>1.929014377092</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>TEXAS INSTRUMENTS INC</name>
                <lei>WDJNR2L6D8RWOEB8T652</lei>
                <title>COMMON STOCK</title>
                <cusip>882508104</cusip>
                <identifiers>
                    <isin value="US8825081040"/>
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                <balance>10900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2059991</valUSD>
                <pctVal>0.710259031153</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>COCA-COLA CO/THE</name>
                <lei>UWJKFUJFZ02DKWI3RY53</lei>
                <title>COMMON STOCK</title>
                <cusip>191216100</cusip>
                <identifiers>
                    <isin value="US1912161007"/>
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                <balance>47000</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2477370</valUSD>
                <pctVal>0.854166069661</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>HONEYWELL INTERNATIONAL INC</name>
                <lei>ISRPG12PN4EIEOEMW547</lei>
                <title>COMMON STOCK</title>
                <cusip>438516106</cusip>
                <identifiers>
                    <isin value="US4385161066"/>
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                <balance>16500</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3581655</valUSD>
                <pctVal>1.234909672044</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>CITIGROUP INC</name>
                <lei>6SHGI4ZSSLCXXQSBB395</lei>
                <title>COMMON STOCK</title>
                <cusip>172967424</cusip>
                <identifiers>
                    <isin value="US1729674242"/>
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                <balance>56500</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4110375</valUSD>
                <pctVal>1.417205689333</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>ALTRIA GROUP INC</name>
                <lei>XSGZFLO9YTNO9VCQV219</lei>
                <title>COMMON STOCK</title>
                <cusip>02209S103</cusip>
                <identifiers>
                    <isin value="US02209S1033"/>
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                <balance>44800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2291968</valUSD>
                <pctVal>0.790241788004</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>RAYTHEON TECHNOLOGIES CORP</name>
                <lei>I07WOS4YJ0N7YRFE7309</lei>
                <title>COMMON STOCK</title>
                <cusip>75513E101</cusip>
                <identifiers>
                    <isin value="US75513E1010"/>
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                <balance>38200</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2951714</valUSD>
                <pctVal>1.017713924905</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>ORACLE CORP</name>
                <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
                <title>COMMON STOCK</title>
                <cusip>68389X105</cusip>
                <identifiers>
                    <isin value="US68389X1054"/>
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                <balance>59418</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4169361.06</valUSD>
                <pctVal>1.43754334218</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>MICROSOFT CORP</name>
                <lei>INR2EJN1ERAN0W5ZP974</lei>
                <title>COMMON STOCK</title>
                <cusip>594918104</cusip>
                <identifiers>
                    <isin value="US5949181045"/>
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                <balance>93750</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>22103437.5</valUSD>
                <pctVal>7.620987714942</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>AMAZON.COM INC</name>
                <lei>ZXTILKJKG63JELOEG630</lei>
                <title>COMMON STOCK</title>
                <cusip>023135106</cusip>
                <identifiers>
                    <isin value="US0231351067"/>
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                <balance>3431</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>10615788.48</valUSD>
                <pctVal>3.660190574</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>KEYCORP</name>
                <lei>RKPI3RZGV1V1FJTH5T61</lei>
                <title>COMMON STOCK</title>
                <cusip>493267108</cusip>
                <identifiers>
                    <isin value="US4932671088"/>
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                <balance>73307</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1464673.86</valUSD>
                <pctVal>0.505001156198</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>LAM RESEARCH CORP</name>
                <lei>549300I4GMO6D34U1T02</lei>
                <title>COMMON STOCK</title>
                <cusip>512807108</cusip>
                <identifiers>
                    <isin value="US5128071082"/>
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                <balance>8600</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>5119064</valUSD>
                <pctVal>1.764988991237</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>CONOCOPHILLIPS </name>
                <lei>WPTL2Z3FIYTHSP5V2253</lei>
                <title>COMMON STOCK</title>
                <cusip>20825C104</cusip>
                <identifiers>
                    <isin value="US20825C1045"/>
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                <balance>27157</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1438506.29</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>EXELON CORP</name>
                <lei>3SOUA6IRML7435B56G12</lei>
                <title>COMMON STOCK</title>
                <cusip>30161N101</cusip>
                <identifiers>
                    <isin value="US30161N1019"/>
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                <balance>50000</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2187000</valUSD>
                <pctVal>0.754050139603</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>LOWE'S COS INC</name>
                <lei>WAFCR4OKGSC504WU3E95</lei>
                <title>COMMON STOCK</title>
                <cusip>548661107</cusip>
                <identifiers>
                    <isin value="US5486611073"/>
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                <balance>34600</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>6580228</valUSD>
                <pctVal>2.268779991778</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>GOLDMAN SACHS GROUP INC/THE</name>
                <lei>784F5XWPLTWKTBV3E584</lei>
                <title>COMMON STOCK</title>
                <cusip>38141G104</cusip>
                <identifiers>
                    <isin value="US38141G1040"/>
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                <balance>11890</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3888030</valUSD>
                <pctVal>1.34054392514</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>FEDEX CORP</name>
                <lei>549300E707U7WNPZN687</lei>
                <title>COMMON STOCK</title>
                <cusip>31428X106</cusip>
                <identifiers>
                    <isin value="US31428X1063"/>
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                <balance>5800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1647432</valUSD>
                <pctVal>0.568013868124</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>FREEPORT-MCMORAN INC</name>
                <lei>549300IRDTHJQ1PVET45</lei>
                <title>COMMON STOCK</title>
                <cusip>35671D857</cusip>
                <identifiers>
                    <isin value="US35671D8570"/>
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                <balance>58800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1936284</valUSD>
                <pctVal>0.667606410842</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>PG AND E CORP</name>
                <lei>8YQ2GSDWYZXO2EDN3511</lei>
                <title>COMMON STOCK</title>
                <cusip>69331C108</cusip>
                <identifiers>
                    <isin value="US69331C1080"/>
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                <balance>206278</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2415515.38</valUSD>
                <pctVal>0.832839373343</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>ELI LILLY  AND  CO</name>
                <lei>FRDRIPF3EKNDJ2CQJL29</lei>
                <title>COMMON STOCK</title>
                <cusip>532457108</cusip>
                <identifiers>
                    <isin value="US5324571083"/>
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                <balance>15400</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2877028</valUSD>
                <pctVal>0.991963129877</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>JOHNSON  AND  JOHNSON</name>
                <lei>549300G0CFPGEF6X2043</lei>
                <title>COMMON STOCK</title>
                <cusip>478160104</cusip>
                <identifiers>
                    <isin value="US4781601046"/>
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                <balance>30430</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>5001170.5</valUSD>
                <pctVal>1.724340792731</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BOSTON PROPERTIES INC</name>
                <lei>549300OF70FSEUQBT254</lei>
                <title>COMMON STOCK</title>
                <cusip>101121101</cusip>
                <identifiers>
                    <isin value="US1011211018"/>
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                <balance>9700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>982222</valUSD>
                <pctVal>0.33865781263</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>AMGEN INC</name>
                <lei>62QBXGPJ34PQ72Z12S66</lei>
                <title>COMMON STOCK</title>
                <cusip>031162100</cusip>
                <identifiers>
                    <isin value="US0311621009"/>
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                <balance>18295</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4551978.95</valUSD>
                <pctVal>1.569465186428</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>AT AND T INC</name>
                <lei>549300Z40J86GGSTL398</lei>
                <title>COMMON STOCK</title>
                <cusip>00206R102</cusip>
                <identifiers>
                    <isin value="US00206R1023"/>
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                <balance>39172</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1185736.44</valUSD>
                <pctVal>0.408827036175</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>TARGET CORP</name>
                <lei>8WDDFXB5T1Z6J0XC1L66</lei>
                <title>COMMON STOCK</title>
                <cusip>87612E106</cusip>
                <identifiers>
                    <isin value="US87612E1064"/>
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                <balance>23900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4733873</valUSD>
                <pctVal>1.63217997097</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>CISCO SYSTEMS INC/DELAWARE</name>
                <lei>549300LKFJ962MZ46593</lei>
                <title>COMMON STOCK</title>
                <cusip>17275R102</cusip>
                <identifiers>
                    <isin value="US17275R1023"/>
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                <balance>88741</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4588797.11</valUSD>
                <pctVal>1.5821596257</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>UNION PACIFIC CORP</name>
                <lei>549300LMMRSZZCZ8CL11</lei>
                <title>COMMON STOCK</title>
                <cusip>907818108</cusip>
                <identifiers>
                    <isin value="US9078181081"/>
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                <balance>16545</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3646683.45</valUSD>
                <pctVal>1.257330665094</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>INTEL CORP</name>
                <lei>KNX4USFCNGPY45LOCE31</lei>
                <title>COMMON STOCK</title>
                <cusip>458140100</cusip>
                <identifiers>
                    <isin value="US4581401001"/>
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                <balance>52620</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3367680</valUSD>
                <pctVal>1.161133778755</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>BEST BUY CO INC</name>
                <lei>HL5XPTVRV0O8TUN5LL90</lei>
                <title>COMMON STOCK</title>
                <cusip>086516101</cusip>
                <identifiers>
                    <isin value="US0865161014"/>
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                <balance>26000</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2985060</valUSD>
                <pctVal>1.029211207006</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>MCKESSON CORP</name>
                <lei>549300WZWOM80UCFSF54</lei>
                <title>COMMON STOCK</title>
                <cusip>58155Q103</cusip>
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                    <isin value="US58155Q1031"/>
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                <balance>11300</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2203952</valUSD>
                <pctVal>0.75989497635</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>COMCAST CORP</name>
                <lei>51M0QTTNCGUN7KFCFZ59</lei>
                <title>COMMON STOCK</title>
                <cusip>20030N101</cusip>
                <identifiers>
                    <isin value="US20030N1019"/>
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                <balance>67740</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3665411.4</valUSD>
                <pctVal>1.263787827102</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>COMSTOCK RESOURCES INC</name>
                <lei>I03QQGEA4SS774AURI46</lei>
                <title>COMMON STOCK</title>
                <cusip>205768302</cusip>
                <identifiers>
                    <isin value="US2057683029"/>
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                <balance>163392</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>905191.68</valUSD>
                <pctVal>0.312098725501</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>ENTERPRISE PRODUCTS PARTN</name>
                <lei>K4CDIF4M54DJZ6TB4Q48</lei>
                <title>COMMON STOCK</title>
                <cusip>293792107</cusip>
                <identifiers>
                    <isin value="US2937921078"/>
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                <balance>101200</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2228424</valUSD>
                <pctVal>0.768332614675</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>LKQ CORP</name>
                <lei>DS830JTTZQN6GK0I2E41</lei>
                <title>COMMON STOCK</title>
                <cusip>501889208</cusip>
                <identifiers>
                    <isin value="US5018892084"/>
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                <balance>15400</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>651882</valUSD>
                <pctVal>0.224760728443</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>NRG ENERGY INC</name>
                <lei>5E2UPK5SW04M13XY7I38</lei>
                <title>COMMON STOCK</title>
                <cusip>629377508</cusip>
                <identifiers>
                    <isin value="US6293775085"/>
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                <balance>57700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2177021</valUSD>
                <pctVal>0.750609505701</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>LIBERTY GLOBAL PLC</name>
                <lei>549300BSGXG3QLIQYT84</lei>
                <title>COMMON STOCK</title>
                <cusip>G5480U104</cusip>
                <identifiers>
                    <isin value="GB00B8W67662"/>
                </identifiers>
                <balance>71474</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1834022.84</valUSD>
                <pctVal>0.632348046885</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SALESFORCE.COM INC</name>
                <lei>RCGZFPDMRW58VJ54VR07</lei>
                <title>COMMON STOCK</title>
                <cusip>79466L302</cusip>
                <identifiers>
                    <isin value="US79466L3024"/>
                </identifiers>
                <balance>5900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1250033</valUSD>
                <pctVal>0.430995682743</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CBRE GROUP INC</name>
                <lei>52990016II9MJ2OSWA10</lei>
                <title>COMMON STOCK</title>
                <cusip>12504L109</cusip>
                <identifiers>
                    <isin value="US12504L1098"/>
                </identifiers>
                <balance>30200</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2389122</valUSD>
                <pctVal>0.82373926732</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AMERIPRISE FINANCIAL INC</name>
                <lei>6ZLKQF7QB6JAEKQS5388</lei>
                <title>COMMON STOCK</title>
                <cusip>03076C106</cusip>
                <identifiers>
                    <isin value="US03076C1062"/>
                </identifiers>
                <balance>12900</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>2998605</valUSD>
                <pctVal>1.033881352933</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MASTERCARD INC</name>
                <lei>AR5L2ODV9HN37376R084</lei>
                <title>COMMON STOCK</title>
                <cusip>57636Q104</cusip>
                <identifiers>
                    <isin value="US57636Q1040"/>
                </identifiers>
                <balance>13700</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>4877885</valUSD>
                <pctVal>1.681833500328</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>PENN NATIONAL GAMING INC</name>
                <lei>N/A</lei>
                <title>CONV. NOTE</title>
                <cusip>707569AU3</cusip>
                <identifiers>
                    <isin value="US707569AU31"/>
                </identifiers>
                <balance>362000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1632620</valUSD>
                <pctVal>0.562906876506</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.75</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                    <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
                    <isContngtConvrtbl>N</isContngtConvrtbl>
                    <dbtSecRefInstruments>
                        <dbtSecRefInstrument>
                            <name>PENN NATIONAL GAMING INC</name>
                            <title>COMMON STOCK</title>
                            <curCd>USD</curCd>
                            <identifiers>
<cusip value="707569109"/>
                            </identifiers>
                        </dbtSecRefInstrument>
                    </dbtSecRefInstruments>
                    <currencyInfos>
                        <currencyInfo convRatio="42.735" curCd="USD"/>
                    </currencyInfos>
                    <delta>XXXX</delta>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BofA Securities, Inc.</name>
                <lei>549300HN4UKV1E2R3U73</lei>
                <title>EQUITY INDEX FUTURE</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <ticker value="ESM1INDEX"/>
                </identifiers>
                <balance>7</balance>
                <units>NC</units>
                <curCd>USD</curCd>
                <valUSD>1388590</valUSD>
                <pctVal>0.478768396594</pctVal>
                <payoffProfile>N/A</payoffProfile>
                <assetCat>DE</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <derivativeInfo>
                    <futrDeriv derivCat="FUT">
                        <counterparties>
                            <counterpartyName>BofA Securities, Inc.</counterpartyName>
                            <counterpartyLei>549300HN4UKV1E2R3U73</counterpartyLei>
                        </counterparties>
                        <payOffProf>Long</payOffProf>
                        <descRefInstrmnt>
                            <indexBasketInfo>
<indexName>S&amp;P 500 INDEX</indexName>
<indexIdentifier>SPX</indexIdentifier>
                            </indexBasketInfo>
                        </descRefInstrmnt>
                        <expDate>2021-01-18</expDate>
                        <notionalAmt>1360464.49</notionalAmt>
                        <curCd>USD</curCd>
                        <unrealizedAppr>28125.51</unrealizedAppr>
                    </futrDeriv>
                </derivativeInfo>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BofA Securities, Inc.</name>
                <lei>549300HN4UKV1E2R3U73</lei>
                <title>EQUITY INDEX FUTURE</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <ticker value="RTYM1INDEX"/>
                </identifiers>
                <balance>13</balance>
                <units>NC</units>
                <curCd>USD</curCd>
                <valUSD>1444625</valUSD>
                <pctVal>0.498088561008</pctVal>
                <payoffProfile>N/A</payoffProfile>
                <assetCat>DE</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <derivativeInfo>
                    <futrDeriv derivCat="FUT">
                        <counterparties>
                            <counterpartyName>BofA Securities, Inc.</counterpartyName>
                            <counterpartyLei>549300HN4UKV1E2R3U73</counterpartyLei>
                        </counterparties>
                        <payOffProf>Long</payOffProf>
                        <descRefInstrmnt>
                            <indexBasketInfo>
<indexName>RUSSELL 2000 INDEX</indexName>
<indexIdentifier>RTY</indexIdentifier>
                            </indexBasketInfo>
                        </descRefInstrmnt>
                        <expDate>2021-01-18</expDate>
                        <notionalAmt>1483698.25</notionalAmt>
                        <curCd>USD</curCd>
                        <unrealizedAppr>-39073.25</unrealizedAppr>
                    </futrDeriv>
                </derivativeInfo>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ARCH CAPITAL GROUP LTD</name>
                <lei>549300AYR4P8AFKDCE43</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G0450A105</cusip>
                <identifiers>
                    <isin value="BMG0450A1053"/>
                </identifiers>
                <balance>46800</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1795716</valUSD>
                <pctVal>0.619140329441</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>BM</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HC BRILLANT SERVICES GMBH</name>
                <lei>N/A</lei>
                <title>ORDINARY SHARES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <ticker value="PVT99BQ58928"/>
                </identifiers>
                <balance>6</balance>
                <units>NS</units>
                <currencyConditional curCd="EUR" exchangeRt="1.172700013"/>
                <valUSD>5.28</valUSD>
                <pctVal>0.000001820478</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>DE</invCountry>
                <isRestrictedSec>Y</isRestrictedSec>

                <fairValLevel>3</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>MAGNA INTERNATIONAL INC</name>
                <lei>95RWVLFZX6VGDZNNTN43</lei>
                <title>ORDINARY SHARES</title>
                <cusip>559222401</cusip>
                <identifiers>
                    <isin value="CA5592224011"/>
                </identifiers>
                <balance>37725</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3321309</valUSD>
                <pctVal>1.145145640199</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>ASSURED GUARANTY LTD</name>
                <lei>549300BBOQUJEPH87M14</lei>
                <title>ORDINARY SHARES</title>
                <cusip>G0585R106</cusip>
                <identifiers>
                    <isin value="BMG0585R1060"/>
                </identifiers>
                <balance>45291</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1914903.48</valUSD>
                <pctVal>0.660234676004</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>BM</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CLIMATE CHANGE CRISIS REAL IMPACT I ACQUISITION CORP</name>
                <lei>N/A</lei>
                <title>PRIVATE INVESTMENT PUBLIC EQUITIES</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <ticker value="PVT18716C902"/>
                </identifiers>
                <balance>90402</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1114656.66</valUSD>
                <pctVal>0.384319620522</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetConditional assetCat="OTHER" desc="Other - Private Equity Investment"/>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>Y</isRestrictedSec>

                <fairValLevel>3</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>PUTNAM SHORT TERM INVESTMENT FUND</name>
                <lei>5493003MK0Q7JP8CPP42</lei>
                <title>SHORT TERM INV FUND</title>
                <cusip>74676P664</cusip>
                <identifiers>
                    <isin value="US74676P6640"/>
                </identifiers>
                <balance>3585000</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>3585000</valUSD>
                <pctVal>1.236062986043</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>PF</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>COVA ACQUISITION CORP</name>
                <lei>N/A</lei>
                <title>STOCK UNIT</title>
                <cusip>G2554Y112</cusip>
                <identifiers>
                    <isin value="KYG2554Y1127"/>
                </identifiers>
                <balance>71761</balance>
                <units>OU</units>
                <curCd>USD</curCd>
                <valUSD>714021.95</valUSD>
                <pctVal>0.246185802962</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SWITCHBACK II CORP</name>
                <lei>N/A</lei>
                <title>STOCK UNIT</title>
                <cusip>G8633T123</cusip>
                <identifiers>
                    <isin value="KYG8633T1233"/>
                </identifiers>
                <balance>80979</balance>
                <units>OU</units>
                <curCd>USD</curCd>
                <valUSD>824366.22</valUSD>
                <pctVal>0.284231121754</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SVF INVESTMENT CORP</name>
                <lei>N/A</lei>
                <title>STOCK UNIT</title>
                <cusip>G8601L110</cusip>
                <identifiers>
                    <isin value="KYG8601L1106"/>
                </identifiers>
                <balance>11291</balance>
                <units>OU</units>
                <curCd>USD</curCd>
                <valUSD>119232.96</valUSD>
                <pctVal>0.041110027496</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>EC</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>UNITED STATES OF AMERICA</name>
                <lei>254900HROIFWPRGM1V77</lei>
                <title>U.S. T BILLS</title>
                <cusip>912796H36</cusip>
                <identifiers>
                    <isin value="US912796H366"/>
                </identifiers>
                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>399990.11</valUSD>
                <pctVal>0.137911567574</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>UST</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2021-06-29</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>SENIOR CONNECT ACQUISITION CORP I</name>
                <lei>N/A</lei>
                <title>WARRANTS</title>
                <cusip>81723H116</cusip>
                <identifiers>
                    <isin value="US81723H1169"/>
                </identifiers>
                <balance>39855</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>28316.98</valUSD>
                <pctVal>0.00976333915</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DE</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <derivativeInfo>
                    <optionSwaptionWarrantDeriv derivCat="WAR">
                        <counterparties>
                            <counterpartyName>SENIOR CONNECT ACQUISITION CORP I</counterpartyName>
                            <counterpartyLei>N/A</counterpartyLei>
                        </counterparties>
                        <putOrCall>Call</putOrCall>
                        <writtenOrPur>Purchased</writtenOrPur>
                        <descRefInstrmnt>
                            <otherRefInst>
<issuerName>SENIOR CONNECT ACQUISITION CORP I</issuerName>
<issueTitle>COMMON STOCK</issueTitle>
<identifiers>
    <cusip value="81723H108"/>
</identifiers>
                            </otherRefInst>
                        </descRefInstrmnt>
                        <shareNo>1</shareNo>
                        <exercisePrice>11.5</exercisePrice>
                        <exercisePriceCurCd>USD</exercisePriceCurCd>
                        <expDt>2027-12-31</expDt>
                        <delta>XXXX</delta>
                        <unrealizedAppr>-28181.47</unrealizedAppr>
                    </optionSwaptionWarrantDeriv>
                </derivativeInfo>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
        </invstOrSecs>
        <signature>
            <ncom:dateSigned>2021-05-24</ncom:dateSigned>
            <ncom:nameOfApplicant>Putnam Investments Inc</ncom:nameOfApplicant>
            <ncom:signature>Janet C. Smith</ncom:signature>
            <ncom:signerName>NPORT</ncom:signerName>
            <ncom:title>Principal Financial Officer</ncom:title>
        </signature>
    </formData>
    <documents>XXXX</documents>
</edgarSubmission>
