Q2 2024
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JPM | New | JPMORGAN CHASE & CO. | $8,771,005 | – | 43,365 | – | 6.20% | – |
| ABBV | New | ABBVIE INC | $7,642,588 | – | 44,558 | – | 5.40% | – |
| MRK | New | MERCK & CO INC | $7,559,847 | – | 61,065 | – | 5.34% | – |
| PG | New | PROCTER AND GAMBLE CO | $6,851,766 | – | 41,546 | – | 4.84% | – |
| TRV | New | TRAVELERS COMPANIES INC | $6,103,250 | – | 30,015 | – | 4.31% | – |
| BK | New | BANK NEW YORK MELLON CORP | $5,663,498 | – | 94,565 | – | 4.00% | – |
| PRU | New | PRUDENTIAL FINL INC | $5,537,228 | – | 47,250 | – | 3.91% | – |
| PEP | New | PEPSICO INC | $5,428,175 | – | 32,910 | – | 3.84% | – |
| CSCO | New | CISCO SYS INC | $5,399,226 | – | 113,644 | – | 3.82% | – |
| UPS | New | UNITED PARCEL SERVICE INCcl b | $5,356,309 | – | 39,140 | – | 3.79% | – |
| WELL | New | WELLTOWER INC | $5,325,924 | – | 51,088 | – | 3.76% | – |
| NVS | New | NOVARTIS AGsponsored adr | $5,324,065 | – | 50,010 | – | 3.76% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $5,201,644 | – | 30,076 | – | 3.68% | – |
| CVX | New | CHEVRON CORP NEW | $5,113,213 | – | 32,689 | – | 3.61% | – |
| JNJ | New | JOHNSON & JOHNSON | $4,784,109 | – | 32,732 | – | 3.38% | – |
| DLR | New | DIGITAL RLTY TR INC | $4,529,570 | – | 29,790 | – | 3.20% | – |
| RTX | New | RTX CORPORATION | $4,234,952 | – | 42,185 | – | 2.99% | – |
| ROK | New | ROCKWELL AUTOMATION INC | $4,111,307 | – | 14,935 | – | 2.91% | – |
| IFF | New | INTERNATIONAL FLAVORS&FRAGRA | $4,096,886 | – | 43,030 | – | 2.90% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $3,941,508 | – | 100,600 | – | 2.79% | – |
| PFE | New | PFIZER INC | $3,867,462 | – | 138,222 | – | 2.73% | – |
| NTRS | New | NORTHERN TR CORP | $3,855,600 | – | 45,900 | – | 2.72% | – |
| TTE | New | TOTALENERGIES SEsponsored ads | $3,840,901 | – | 57,602 | – | 2.72% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $3,748,304 | – | 32,045 | – | 2.65% | – |
| MDT | New | MEDTRONIC PLC | $3,623,021 | – | 46,030 | – | 2.56% | – |
| AEP | New | AMERICAN ELEC PWR CO INC | $3,605,153 | – | 41,075 | – | 2.55% | – |
| CVS | New | CVS HEALTH CORP | $3,591,439 | – | 60,810 | – | 2.54% | – |
| INTC | New | INTEL CORP | $3,358,542 | – | 108,445 | – | 2.37% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $631,053 | – | 3,934 | – | 0.45% | – |
| MSFT | New | MICROSOFT CORP | $253,868 | – | 568 | – | 0.18% | – |
| VNQ | New | VANGUARD INDEX FDSreal estate etf | $87,864 | – | 1,049 | – | 0.06% | – |
| VOO | New | VANGUARD INDEX FDS | $36,009 | – | 72 | – | 0.02% | – |
Q4 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VOO | Exit | VANGUARD INDEX FDS | $0 | – | -72 | – | -0.02% | – |
| VBR | Exit | VANGUARD INDEX FDSsm cp val etf | $0 | – | -252 | – | -0.03% | – |
| VNQ | Exit | VANGUARD INDEX FDSreal estate etf | $0 | – | -1,049 | – | -0.06% | – |
| VTV | Exit | VANGUARD INDEX FDSvalue etf | $0 | – | -3,934 | – | -0.38% | – |
| CCI | Exit | CROWN CASTLE INC | $0 | – | -26,160 | – | -1.70% | – |
| OGN | Exit | ORGANON & CO | $0 | – | -162,797 | – | -1.99% | – |
| IFF | Exit | INTERNATIONAL FLAVORS&FRAGRA | $0 | – | -42,517 | – | -2.04% | – |
| RTX | Exit | RTX CORPORATION | $0 | – | -42,745 | – | -2.17% | – |
| AEP | Exit | AMERICAN ELEC PWR CO INC | $0 | – | -41,725 | – | -2.21% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -31,375 | – | -2.22% | – |
| NTRS | Exit | NORTHERN TR CORP | $0 | – | -48,977 | – | -2.40% | – |
| MDT | Exit | MEDTRONIC PLC | $0 | – | -46,160 | – | -2.55% | – |
| DLR | Exit | DIGITAL RLTY TR INC | $0 | – | -32,061 | – | -2.74% | – |
| TTE | Exit | TOTALENERGIES SEsponsored ads | $0 | – | -62,402 | – | -2.89% | – |
| INTC | Exit | INTEL CORP | $0 | – | -117,872 | – | -2.95% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -102,312 | – | -3.08% | – |
| ROK | Exit | ROCKWELL AUTOMATION INC | $0 | – | -15,487 | – | -3.12% | – |
| PFE | Exit | PFIZER INC | $0 | – | -135,145 | – | -3.16% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -64,950 | – | -3.20% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -55,653 | – | -3.22% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -104,562 | – | -3.27% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -34,016 | – | -3.37% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -52,756 | – | -3.53% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -31,895 | – | -3.67% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -34,922 | – | -3.84% | – |
| NVS | Exit | NOVARTIS AGsponsored adr | $0 | – | -54,710 | – | -3.93% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -33,740 | – | -4.03% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -34,851 | – | -4.14% | – |
| UPS | Exit | UNITED PARCEL SERVICE INCcl b | $0 | – | -40,216 | – | -4.42% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -118,897 | – | -4.51% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -43,814 | – | -4.51% | – |
| MRK | Exit | MERCK & CO INC | $0 | – | -65,350 | – | -4.74% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -47,088 | – | -4.95% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -48,495 | – | -4.96% | – |
Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ABBV | Sell | ABBVIE INC | $7,018,937 | +10.5% | 47,088 | -0.2% | 4.95% | +15.8% |
| MRK | Sell | MERCK & CO INC | $6,727,783 | -11.1% | 65,350 | -0.3% | 4.74% | -6.8% |
| CSCO | Sell | CISCO SYS INC | $6,391,319 | +3.8% | 118,897 | -0.1% | 4.51% | +8.8% |
| PG | Sell | PROCTER AND GAMBLE CO | $6,390,710 | -4.1% | 43,814 | -0.2% | 4.51% | +0.6% |
| UPS | Buy | UNITED PARCEL SERVICE INCcl b | $6,268,391 | -13.0% | 40,216 | +0.0% | 4.42% | -8.8% |
| CVX | Buy | CHEVRON CORP NEW | $5,876,576 | +8.6% | 34,851 | +1.3% | 4.14% | +13.8% |
| PEP | Buy | PEPSICO INC | $5,716,906 | -8.1% | 33,740 | +0.5% | 4.03% | -3.6% |
| NVS | Sell | NOVARTIS AGsponsored adr | $5,572,761 | +0.8% | 54,710 | -0.1% | 3.93% | +5.7% |
| JNJ | Sell | JOHNSON & JOHNSON | $5,439,102 | -6.4% | 34,922 | -0.5% | 3.84% | -1.8% |
| TRV | Buy | TRAVELERS COMPANIES INC | $5,208,772 | -5.0% | 31,895 | +1.0% | 3.67% | -0.4% |
| PRU | Buy | PRUDENTIAL FINL INC | $5,006,055 | +7.6% | 52,756 | +0.0% | 3.53% | +12.8% |
| IBM | Buy | INTERNATIONAL BUSINESS MACHS | $4,772,391 | +5.7% | 34,016 | +0.8% | 3.37% | +10.8% |
| CMCSA | Buy | COMCAST CORP NEWcl a | $4,637,318 | +7.5% | 104,562 | +0.7% | 3.27% | +12.6% |
| WELL | Buy | WELLTOWER INC | $4,559,096 | +1.3% | 55,653 | +0.1% | 3.22% | +6.2% |
| CVS | Buy | CVS HEALTH CORP | $4,534,809 | +3.5% | 64,950 | +2.5% | 3.20% | +8.5% |
| PFE | Buy | PFIZER INC | $4,482,771 | -7.6% | 135,145 | +2.2% | 3.16% | -3.2% |
| ROK | Buy | ROCKWELL AUTOMATION INC | $4,427,163 | -12.5% | 15,487 | +0.8% | 3.12% | -8.3% |
| BK | Buy | BANK NEW YORK MELLON CORP | $4,363,617 | -4.0% | 102,312 | +0.2% | 3.08% | +0.7% |
| INTC | Buy | INTEL CORP | $4,188,003 | +7.8% | 117,872 | +1.4% | 2.95% | +13.1% |
| TTE | Buy | TOTALENERGIES SEsponsored ads | $4,103,556 | +14.4% | 62,402 | +0.3% | 2.89% | +19.9% |
| DLR | Sell | DIGITAL RLTY TR INC | $3,880,044 | +6.1% | 32,061 | -0.1% | 2.74% | +11.3% |
| MDT | Buy | MEDTRONIC PLC | $3,617,098 | -9.7% | 46,160 | +1.6% | 2.55% | -5.3% |
| NTRS | Buy | NORTHERN TR CORP | $3,402,936 | -4.3% | 48,977 | +2.1% | 2.40% | +0.3% |
| ARE | Buy | ALEXANDRIA REAL ESTATE EQ IN | $3,140,638 | -10.2% | 31,375 | +1.8% | 2.22% | -5.9% |
| AEP | New | AMERICAN ELEC PWR CO INC | $3,138,972 | – | 41,725 | – | 2.21% | – |
| RTX | Buy | RTX CORPORATION | $3,076,358 | -23.2% | 42,745 | +4.5% | 2.17% | -19.5% |
| IFF | Buy | INTERNATIONAL FLAVORS&FRAGRA | $2,898,416 | -12.7% | 42,517 | +1.9% | 2.04% | -8.5% |
| OGN | Buy | ORGANON & CO | $2,826,156 | -16.5% | 162,797 | +0.1% | 1.99% | -12.4% |
| CCI | Buy | CROWN CASTLE INC | $2,407,505 | -12.2% | 26,160 | +8.7% | 1.70% | -8.0% |
| VTV | Buy | VANGUARD INDEX FDSvalue etf | $542,617 | +0.9% | 3,934 | +4.0% | 0.38% | +5.8% |
| VBR | Buy | VANGUARD INDEX FDSsm cp val etf | $40,252 | -3.0% | 252 | +0.4% | 0.03% | 0.0% |
| Exit | ORGANIGRAM HLDGS INC | $0 | – | -10,000 | – | -0.00% | – | |
| UNP | Exit | UNION PAC CORP | $0 | – | -29,588 | – | -4.07% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MRK | New | MERCK & CO INC | $7,566,699 | – | 65,575 | – | 5.09% | – |
| UPS | New | UNITED PARCEL SERVICE INCcl b | $7,205,678 | – | 40,199 | – | 4.85% | – |
| JPM | New | JPMORGAN CHASE & CO | $7,053,113 | – | 48,495 | – | 4.74% | – |
| PG | New | PROCTER AND GAMBLE CO | $6,661,234 | – | 43,899 | – | 4.48% | – |
| ABBV | New | ABBVIE INC | $6,354,271 | – | 47,163 | – | 4.27% | – |
| PEP | New | PEPSICO INC | $6,219,688 | – | 33,580 | – | 4.18% | – |
| CSCO | New | CISCO SYS INC | $6,159,310 | – | 119,043 | – | 4.14% | – |
| UNP | New | UNION PAC CORP | $6,054,297 | – | 29,588 | – | 4.07% | – |
| JNJ | New | JOHNSON & JOHNSON | $5,808,759 | – | 35,094 | – | 3.91% | – |
| NVS | New | NOVARTIS AGsponsored adr | $5,528,354 | – | 54,785 | – | 3.72% | – |
| TRV | New | TRAVELERS COMPANIES INC | $5,484,183 | – | 31,580 | – | 3.69% | – |
| CVX | New | CHEVRON CORP NEW | $5,411,424 | – | 34,391 | – | 3.64% | – |
| ROK | New | ROCKWELL AUTOMATION INC | $5,060,755 | – | 15,361 | – | 3.40% | – |
| PFE | New | PFIZER INC | $4,852,371 | – | 132,289 | – | 3.26% | – |
| PRU | New | PRUDENTIAL FINL INC | $4,653,509 | – | 52,749 | – | 3.13% | – |
| BK | New | BANK NEW YORK MELLON CORP | $4,543,601 | – | 102,058 | – | 3.06% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,515,187 | – | 33,743 | – | 3.04% | – |
| WELL | New | WELLTOWER INC | $4,499,099 | – | 55,620 | – | 3.03% | – |
| CVS | New | CVS HEALTH CORP | $4,381,459 | – | 63,380 | – | 2.95% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $4,315,270 | – | 103,857 | – | 2.90% | – |
| RTX | New | RAYTHEON TECHNOLOGIES CORP | $4,008,033 | – | 40,915 | – | 2.70% | – |
| MDT | New | MEDTRONIC PLC | $4,004,145 | – | 45,450 | – | 2.69% | – |
| INTC | New | INTEL CORP | $3,885,508 | – | 116,193 | – | 2.61% | – |
| DLR | New | DIGITAL RLTY TR INC | $3,656,069 | – | 32,107 | – | 2.46% | – |
| TTE | New | TOTALENERGIES SEsponsored ads | $3,587,341 | – | 62,237 | – | 2.41% | – |
| NTRS | New | NORTHERN TR CORP | $3,555,544 | – | 47,957 | – | 2.39% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $3,498,897 | – | 30,830 | – | 2.35% | – |
| OGN | New | ORGANON & CO | $3,384,060 | – | 162,617 | – | 2.28% | – |
| IFF | New | INTERNATIONAL FLAVORS&FRAGRA | $3,319,699 | – | 41,710 | – | 2.23% | – |
| CCI | New | CROWN CASTLE INC | $2,743,106 | – | 24,075 | – | 1.84% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $537,706 | – | 3,784 | – | 0.36% | – |
| VNQ | New | VANGUARD INDEX FDSreal estate etf | $87,654 | – | 1,049 | – | 0.06% | – |
| VBR | New | VANGUARD INDEX FDSsm cp val etf | $41,514 | – | 251 | – | 0.03% | – |
| VOO | New | VANGUARD INDEX FDS | $29,324 | – | 72 | – | 0.02% | – |
| New | ORGANIGRAM HLDGS INC | $3,900 | – | 10,000 | – | 0.00% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Exit | ORGANIGRAM HLDGS INC | $0 | – | -10,000 | – | -0.01% | – | |
| VOO | Exit | VANGUARD INDEX FDS | $0 | – | -72 | – | -0.02% | – |
| VBR | Exit | VANGUARD INDEX FDSsm cp val etf | $0 | – | -246 | – | -0.03% | – |
| VNQ | Exit | VANGUARD INDEX FDSreal estate etf | $0 | – | -1,384 | – | -0.10% | – |
| VTV | Exit | VANGUARD INDEX FDSvalue etf | $0 | – | -5,440 | – | -0.58% | – |
| INTC | Exit | INTEL CORP | $0 | – | -98,415 | – | -2.21% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -91,827 | – | -2.34% | – |
| DLR | Exit | DIGITAL RLTY TR INC | $0 | – | -30,430 | – | -2.63% | – |
| ROK | Exit | ROCKWELL AUTOMATION INC | $0 | – | -14,820 | – | -2.77% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -49,785 | – | -2.79% | – |
| NTRS | Exit | NORTHERN TR CORP | $0 | – | -42,315 | – | -3.15% | – |
| OGN | Exit | ORGANON & CO | $0 | – | -158,112 | – | -3.22% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -97,685 | – | -3.28% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -31,921 | – | -3.30% | – |
| NVS | Exit | NOVARTIS AGsponsored adr | $0 | – | -54,685 | – | -3.62% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -29,975 | – | -3.66% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -48,322 | – | -3.67% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -51,099 | – | -3.81% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -117,721 | – | -4.10% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -34,608 | – | -4.33% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -48,470 | – | -4.41% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -32,965 | – | -4.68% | – |
| PFE | Exit | PFIZER INC | $0 | – | -128,055 | – | -4.88% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -29,248 | – | -4.96% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -45,154 | – | -4.96% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -59,850 | – | -4.97% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -35,629 | – | -5.06% | – |
| MRK | Exit | MERCK & CO INC | $0 | – | -67,820 | – | -5.08% | – |
| UPS | Exit | UNITED PARCEL SERVICE INCcl b | $0 | – | -39,700 | – | -5.58% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -49,763 | – | -5.81% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ABBV | Buy | ABBVIE INC | $6,679,000 | -12.3% | 49,763 | +0.1% | 5.81% | +2.2% |
| UPS | Buy | UNITED PARCEL SERVICE INCcl b | $6,413,000 | -10.1% | 39,700 | +1.6% | 5.58% | +4.8% |
| MRK | Buy | MERCK & CO INC | $5,841,000 | -3.5% | 67,820 | +2.1% | 5.08% | +12.4% |
| JNJ | Buy | JOHNSON & JOHNSON | $5,820,000 | -7.3% | 35,629 | +0.7% | 5.06% | +8.0% |
| CVS | Buy | CVS HEALTH CORP | $5,708,000 | +5.8% | 59,850 | +2.7% | 4.97% | +23.3% |
| PG | Buy | PROCTER AND GAMBLE CO | $5,701,000 | -10.1% | 45,154 | +2.4% | 4.96% | +4.8% |
| UNP | Buy | UNION PAC CORP | $5,698,000 | -8.0% | 29,248 | +0.7% | 4.96% | +7.2% |
| PFE | Buy | PFIZER INC | $5,604,000 | -14.9% | 128,055 | +2.0% | 4.88% | -0.8% |
| PEP | Buy | PEPSICO INC | $5,382,000 | -0.1% | 32,965 | +2.0% | 4.68% | +16.4% |
| JPM | Buy | JPMORGAN CHASE & CO | $5,065,000 | -4.9% | 48,470 | +2.5% | 4.41% | +10.8% |
| CVX | Buy | CHEVRON CORP NEW | $4,972,000 | +0.2% | 34,608 | +0.9% | 4.33% | +16.8% |
| CSCO | Buy | CISCO SYS INC | $4,709,000 | -3.4% | 117,721 | +3.0% | 4.10% | +12.6% |
| PRU | Buy | PRUDENTIAL FINL INC | $4,383,000 | -5.9% | 51,099 | +5.0% | 3.81% | +9.7% |
| XOM | Buy | EXXON MOBIL CORP | $4,219,000 | +4.8% | 48,322 | +2.8% | 3.67% | +22.1% |
| ARE | Buy | ALEXANDRIA REAL ESTATE EQ IN | $4,202,000 | -2.9% | 29,975 | +0.5% | 3.66% | +13.1% |
| NVS | Buy | NOVARTIS AGsponsored adr | $4,157,000 | +0.2% | 54,685 | +11.4% | 3.62% | +16.7% |
| IBM | Buy | INTERNATIONAL BUSINESS MACHS | $3,793,000 | -10.8% | 31,921 | +6.0% | 3.30% | +4.0% |
| BK | Buy | BANK NEW YORK MELLON CORP | $3,763,000 | +3.7% | 97,685 | +12.2% | 3.28% | +20.8% |
| OGN | Buy | ORGANON & CO | $3,700,000 | -29.3% | 158,112 | +1.9% | 3.22% | -17.6% |
| NTRS | Buy | NORTHERN TR CORP | $3,620,000 | -1.1% | 42,315 | +11.5% | 3.15% | +15.3% |
| WELL | Buy | WELLTOWER INC | $3,202,000 | -21.0% | 49,785 | +1.2% | 2.79% | -7.9% |
| ROK | Buy | ROCKWELL AUTOMATION INC | $3,188,000 | +22.1% | 14,820 | +13.1% | 2.77% | +42.3% |
| DLR | New | DIGITAL RLTY TR INC | $3,018,000 | – | 30,430 | – | 2.63% | – |
| CMCSA | Buy | COMCAST CORP NEWcl a | $2,693,000 | -5.6% | 91,827 | +26.3% | 2.34% | +9.9% |
| INTC | Buy | INTEL CORP | $2,536,000 | -7.0% | 98,415 | +34.9% | 2.21% | +8.3% |
| VTV | Sell | VANGUARD INDEX FDSvalue etf | $672,000 | -10.3% | 5,440 | -4.2% | 0.58% | +4.7% |
| VNQ | Sell | VANGUARD INDEX FDSreal estate etf | $111,000 | -40.3% | 1,384 | -32.2% | 0.10% | -30.2% |
| VBR | Buy | VANGUARD INDEX FDSsm cp val etf | $35,000 | -5.4% | 246 | +0.4% | 0.03% | +7.1% |
| New | ORGANIGRAM HLDGS INC | $9,000 | – | 10,000 | – | 0.01% | – | |
| TTE | Exit | TOTALENERGIES SEsponsored ads | $0 | – | -55,632 | – | -2.19% | – |
| MMM | Exit | 3M CO | $0 | – | -23,855 | – | -2.30% | – |
| RTX | Exit | RAYTHEON TECHNOLOGIES CORP | $0 | – | -36,100 | – | -2.59% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -30,180 | – | -3.81% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ABBV | New | ABBVIE INC | $7,618,000 | – | 49,738 | – | 5.69% | – |
| UPS | New | UNITED PARCEL SERVICE INCcl b | $7,133,000 | – | 39,075 | – | 5.33% | – |
| PFE | New | PFIZER INC | $6,583,000 | – | 125,555 | – | 4.92% | – |
| PG | New | PROCTER AND GAMBLE CO | $6,343,000 | – | 44,114 | – | 4.74% | – |
| JNJ | New | JOHNSON & JOHNSON | $6,281,000 | – | 35,384 | – | 4.69% | – |
| UNP | New | UNION PAC CORP | $6,192,000 | – | 29,033 | – | 4.62% | – |
| MRK | New | MERCK & CO INC | $6,055,000 | – | 66,415 | – | 4.52% | – |
| CVS | New | CVS HEALTH CORP | $5,397,000 | – | 58,250 | – | 4.03% | – |
| PEP | New | PEPSICO INC | $5,386,000 | – | 32,315 | – | 4.02% | – |
| JPM | New | JPMORGAN CHASE & CO | $5,326,000 | – | 47,295 | – | 3.98% | – |
| OGN | New | ORGANON & CO | $5,236,000 | – | 155,137 | – | 3.91% | – |
| TRV | New | TRAVELERS COMPANIES INC | $5,104,000 | – | 30,180 | – | 3.81% | – |
| CVX | New | CHEVRON CORP NEW | $4,963,000 | – | 34,283 | – | 3.71% | – |
| CSCO | New | CISCO SYS INC | $4,875,000 | – | 114,321 | – | 3.64% | – |
| PRU | New | PRUDENTIAL FINL INC | $4,656,000 | – | 48,662 | – | 3.48% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $4,328,000 | – | 29,840 | – | 3.23% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,252,000 | – | 30,116 | – | 3.18% | – |
| NVS | New | NOVARTIS AGsponsored adr | $4,150,000 | – | 49,095 | – | 3.10% | – |
| WELL | New | WELLTOWER INC | $4,051,000 | – | 49,195 | – | 3.02% | – |
| XOM | New | EXXON MOBIL CORP | $4,027,000 | – | 47,022 | – | 3.01% | – |
| NTRS | New | NORTHERN TR CORP | $3,660,000 | – | 37,935 | – | 2.73% | – |
| BK | New | BANK NEW YORK MELLON CORP | $3,630,000 | – | 87,025 | – | 2.71% | – |
| RTX | New | RAYTHEON TECHNOLOGIES CORP | $3,470,000 | – | 36,100 | – | 2.59% | – |
| MMM | New | 3M CO | $3,087,000 | – | 23,855 | – | 2.30% | – |
| TTE | New | TOTALENERGIES SEsponsored ads | $2,928,000 | – | 55,632 | – | 2.19% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $2,854,000 | – | 72,728 | – | 2.13% | – |
| INTC | New | INTEL CORP | $2,728,000 | – | 72,931 | – | 2.04% | – |
| ROK | New | ROCKWELL AUTOMATION INC | $2,611,000 | – | 13,100 | – | 1.95% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $749,000 | – | 5,679 | – | 0.56% | – |
| VNQ | New | VANGUARD INDEX FDSreal estate etf | $186,000 | – | 2,042 | – | 0.14% | – |
| VBR | New | VANGUARD INDEX FDSsm cp val etf | $37,000 | – | 245 | – | 0.03% | – |
| VOO | New | VANGUARD INDEX FDS | $25,000 | – | 72 | – | 0.02% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VOO | Exit | VANGUARD INDEX FDS | $0 | – | -72 | – | -0.02% | – |
| VBR | Exit | VANGUARD INDEX FDSsm cp val etf | $0 | – | -242 | – | -0.03% | – |
| VNQ | Exit | VANGUARD INDEX FDSreal estate etf | $0 | – | -1,769 | – | -0.13% | – |
| VTV | Exit | VANGUARD INDEX FDSvalue etf | $0 | – | -5,224 | – | -0.51% | – |
| TTE | Exit | TOTALENERGIES SEsponsored ads | $0 | – | -58,027 | – | -1.99% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -52,557 | – | -2.21% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -74,800 | – | -2.35% | – |
| RTX | Exit | RAYTHEON TECHNOLOGIES CORP | $0 | – | -39,332 | – | -2.42% | – |
| NVS | Exit | NOVARTIS AGsponsored adr | $0 | – | -50,755 | – | -2.97% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -41,330 | – | -3.00% | – |
| NTRS | Exit | NORTHERN TR CORP | $0 | – | -38,975 | – | -3.01% | – |
| MMM | Exit | 3M CO | $0 | – | -24,930 | – | -3.13% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -31,646 | – | -3.15% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -54,195 | – | -3.20% | – |
| PSA | Exit | PUBLIC STORAGE | $0 | – | -15,106 | – | -3.21% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -90,900 | – | -3.37% | – |
| MRK | Exit | MERCK & CO INC | $0 | – | -67,475 | – | -3.63% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -33,800 | – | -3.68% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -50,643 | – | -3.81% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -35,447 | – | -3.82% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -62,850 | – | -3.82% | – |
| OGN | Exit | ORGANON & CO | $0 | – | -168,444 | – | -3.95% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -29,980 | – | -4.10% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -55,245 | – | -4.26% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -38,562 | – | -4.46% | – |
| PFE | Exit | PFIZER INC | $0 | – | -145,650 | – | -4.48% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -31,952 | – | -4.48% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -118,396 | – | -4.61% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -47,030 | – | -4.70% | – |
| UPS | Exit | UNITED PARCEL SERVICE INCcl b | $0 | – | -42,855 | – | -5.58% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -50,665 | – | -5.93% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JPM | Sell | JPMORGAN CHASE & CO | $8,293,000 | +4.3% | 50,665 | -0.9% | 5.93% | +6.0% |
| UPS | Sell | UNITED PARCEL SERVICE INCcl b | $7,804,000 | -12.9% | 42,855 | -0.5% | 5.58% | -11.4% |
| PG | Sell | PROCTER AND GAMBLE CO | $6,575,000 | +3.0% | 47,030 | -0.6% | 4.70% | +4.7% |
| CSCO | Sell | CISCO SYS INC | $6,444,000 | +1.9% | 118,396 | -0.8% | 4.61% | +3.6% |
| PFE | Sell | PFIZER INC | $6,264,000 | +8.9% | 145,650 | -0.8% | 4.48% | +10.7% |
| UNP | Sell | UNION PAC CORP | $6,263,000 | -10.9% | 31,952 | -0.1% | 4.48% | -9.5% |
| JNJ | Sell | JOHNSON & JOHNSON | $6,228,000 | -2.2% | 38,562 | -0.3% | 4.46% | -0.6% |
| ABBV | Sell | ABBVIE INC | $5,959,000 | -4.8% | 55,245 | -0.5% | 4.26% | -3.2% |
| OGN | Buy | ORGANON & CO | $5,523,000 | +8.8% | 168,444 | +0.4% | 3.95% | +10.6% |
| CVS | Sell | CVS HEALTH CORP | $5,333,000 | +1.5% | 62,850 | -0.2% | 3.82% | +3.2% |
| PEP | Sell | PEPSICO INC | $5,332,000 | +1.0% | 35,447 | -0.5% | 3.82% | +2.7% |
| PRU | Sell | PRUDENTIAL FINL INC | $5,328,000 | +2.2% | 50,643 | -0.4% | 3.81% | +3.9% |
| TRV | Sell | TRAVELERS COMPANIES INC | $5,138,000 | +1.5% | 33,800 | -0.1% | 3.68% | +3.1% |
| WELL | Sell | WELLTOWER INC | $4,466,000 | -1.2% | 54,195 | -0.4% | 3.20% | +0.4% |
| MMM | Sell | 3M CO | $4,373,000 | -11.9% | 24,930 | -0.2% | 3.13% | -10.4% |
| NVS | Sell | NOVARTIS AGsponsored adr | $4,151,000 | -10.5% | 50,755 | -0.2% | 2.97% | -9.1% |
| VTV | Sell | VANGUARD INDEX FDSvalue etf | $707,000 | -2.1% | 5,224 | -0.6% | 0.51% | -0.4% |
| VNQ | Sell | VANGUARD INDEX FDSreal estate etf | $180,000 | -1.1% | 1,769 | -1.3% | 0.13% | +0.8% |
| VBR | Buy | VANGUARD INDEX FDSsm cp val etf | $41,000 | -2.4% | 242 | +0.4% | 0.03% | -3.3% |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| UPS | New | UNITED PARCEL SERVICE INCcl b | $8,958,000 | – | 43,075 | – | 6.31% | – |
| JPM | New | JPMORGAN CHASE & CO | $7,950,000 | – | 51,115 | – | 5.60% | – |
| UNP | New | UNION PAC CORP | $7,032,000 | – | 31,972 | – | 4.95% | – |
| PG | New | PROCTER AND GAMBLE CO | $6,386,000 | – | 47,330 | – | 4.50% | – |
| JNJ | New | JOHNSON & JOHNSON | $6,369,000 | – | 38,662 | – | 4.48% | – |
| CSCO | New | CISCO SYS INC | $6,324,000 | – | 119,321 | – | 4.45% | – |
| ABBV | New | ABBVIE INC | $6,257,000 | – | 55,545 | – | 4.40% | – |
| PFE | New | PFIZER INC | $5,751,000 | – | 146,850 | – | 4.05% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $5,455,000 | – | 29,980 | – | 3.84% | – |
| PEP | New | PEPSICO INC | $5,278,000 | – | 35,622 | – | 3.72% | – |
| CVS | New | CVS HEALTH CORP | $5,253,000 | – | 62,950 | – | 3.70% | – |
| MRK | New | MERCK & CO INC | $5,248,000 | – | 67,475 | – | 3.69% | – |
| PRU | New | PRUDENTIAL FINL INC | $5,212,000 | – | 50,862 | – | 3.67% | – |
| OGN | New | ORGANON & CO | $5,074,000 | – | 167,694 | – | 3.57% | – |
| TRV | New | TRAVELERS COMPANIES INC | $5,064,000 | – | 33,825 | – | 3.56% | – |
| MMM | New | 3M CO | $4,962,000 | – | 24,980 | – | 3.49% | – |
| BK | New | BANK NEW YORK MELLON CORP | $4,657,000 | – | 90,900 | – | 3.28% | – |
| NVS | New | NOVARTIS AGsponsored adr | $4,640,000 | – | 50,855 | – | 3.27% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,639,000 | – | 31,646 | – | 3.27% | – |
| PSA | New | PUBLIC STORAGE | $4,542,000 | – | 15,106 | – | 3.20% | – |
| WELL | New | WELLTOWER INC | $4,520,000 | – | 54,395 | – | 3.18% | – |
| NTRS | New | NORTHERN TR CORP | $4,506,000 | – | 38,975 | – | 3.17% | – |
| CVX | New | CHEVRON CORP NEW | $4,329,000 | – | 41,330 | – | 3.05% | – |
| HIW | New | HIGHWOODS PPTYS INC | $3,379,000 | – | 74,800 | – | 2.38% | – |
| RTX | New | RAYTHEON TECHNOLOGIES CORP | $3,355,000 | – | 39,332 | – | 2.36% | – |
| XOM | New | EXXON MOBIL CORP | $3,315,000 | – | 52,557 | – | 2.33% | – |
| TTE | New | TOTALENERGIES SEsponsored ads | $2,626,000 | – | 58,027 | – | 1.85% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $722,000 | – | 5,253 | – | 0.51% | – |
| VNQ | New | VANGUARD INDEX FDSreal estate etf | $182,000 | – | 1,792 | – | 0.13% | – |
| VBR | New | VANGUARD INDEX FDSsm cp val etf | $42,000 | – | 241 | – | 0.03% | – |
| VOO | New | VANGUARD INDEX FDS | $28,000 | – | 72 | – | 0.02% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VOO | Exit | VANGUARD INDEX FDS | $0 | – | -72 | – | -0.02% | – |
| VNQ | Exit | VANGUARD INDEX FDSreal estate etf | $0 | – | -1,712 | – | -0.12% | – |
| VTV | Exit | VANGUARD INDEX FDSvalue etf | $0 | – | -5,069 | – | -0.47% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -53,207 | – | -1.63% | – |
| TTE | Exit | TOTAL SEsponsored ads | $0 | – | -57,477 | – | -1.76% | – |
| RTX | Exit | RAYTHEON TECHNOLOGIES CORP | $0 | – | -39,032 | – | -2.00% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -75,150 | – | -2.25% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -41,330 | – | -2.66% | – |
| NTRS | Exit | NORTHERN TR CORP | $0 | – | -39,050 | – | -2.72% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -55,445 | – | -2.73% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -89,750 | – | -2.75% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -49,675 | – | -2.82% | – |
| T | Exit | AT&T INC | $0 | – | -110,941 | – | -2.82% | – |
| PSA | Exit | PUBLIC STORAGE | $0 | – | -15,556 | – | -3.09% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -62,250 | – | -3.24% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -34,075 | – | -3.29% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -31,246 | – | -3.39% | – |
| MMM | Exit | 3M CO | $0 | – | -24,680 | – | -3.53% | – |
| NVS | Exit | NOVARTIS AGsponsored adr | $0 | – | -50,905 | – | -3.95% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -119,771 | – | -4.21% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -30,430 | – | -4.35% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -55,670 | – | -4.35% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -35,622 | – | -4.41% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -51,815 | – | -4.45% | – |
| PFE | Exit | PFIZER INC | $0 | – | -145,850 | – | -4.78% | – |
| MRK | Exit | MERCK & CO. INC | $0 | – | -67,675 | – | -5.01% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -39,062 | – | -5.19% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -32,122 | – | -5.65% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -47,130 | – | -5.85% | – |
| UPS | Exit | UNITED PARCEL SERVICE INCcl b | $0 | – | -43,575 | – | -6.48% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| UPS | Sell | UNITED PARCEL SERVICE INCcl b | $7,261,000 | +49.3% | 43,575 | -0.4% | 6.48% | +47.0% |
| PG | Sell | PROCTER AND GAMBLE CO | $6,551,000 | +15.2% | 47,130 | -0.9% | 5.85% | +13.5% |
| UNP | Sell | UNION PAC CORP | $6,324,000 | +15.7% | 32,122 | -0.6% | 5.65% | +14.0% |
| JNJ | Sell | JOHNSON & JOHNSON | $5,816,000 | +5.4% | 39,062 | -0.4% | 5.19% | +3.8% |
| MRK | Sell | MERCK & CO. INC | $5,614,000 | +7.0% | 67,675 | -0.3% | 5.01% | +5.3% |
| PFE | Sell | PFIZER INC | $5,353,000 | +11.7% | 145,850 | -0.5% | 4.78% | +10.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $4,988,000 | +1.9% | 51,815 | -0.4% | 4.45% | +0.3% |
| PEP | Sell | PEPSICO INC | $4,937,000 | +4.7% | 35,622 | -0.1% | 4.41% | +3.1% |
| ABBV | Sell | ABBVIE INC | $4,876,000 | -11.1% | 55,670 | -0.4% | 4.35% | -12.4% |
| ARE | Sell | ALEXANDRIA REAL ESTATE EQ IN | $4,869,000 | -1.7% | 30,430 | -0.3% | 4.35% | -3.2% |
| CSCO | Sell | CISCO SYS INC | $4,718,000 | -15.8% | 119,771 | -0.3% | 4.21% | -17.1% |
| NVS | Sell | NOVARTIS AGsponsored adr | $4,427,000 | -0.6% | 50,905 | -0.2% | 3.95% | -2.1% |
| MMM | Sell | 3M CO | $3,953,000 | +2.2% | 24,680 | -0.5% | 3.53% | +0.6% |
| TRV | Sell | TRAVELERS COMPANIES INC | $3,687,000 | -5.2% | 34,075 | -0.1% | 3.29% | -6.6% |
| CVS | Sell | CVS HEALTH CORP | $3,635,000 | -10.3% | 62,250 | -0.2% | 3.24% | -11.7% |
| PSA | Sell | PUBLIC STORAGE | $3,465,000 | +15.7% | 15,556 | -0.3% | 3.09% | +14.0% |
| T | Sell | AT&T INC | $3,163,000 | -5.9% | 110,941 | -0.2% | 2.82% | -7.3% |
| PRU | Sell | PRUDENTIAL FINL INC | $3,155,000 | +3.5% | 49,675 | -0.7% | 2.82% | +2.0% |
| BK | Sell | BANK NEW YORK MELLON CORP | $3,082,000 | -11.3% | 89,750 | -0.1% | 2.75% | -12.6% |
| WELL | Sell | WELLTOWER INC | $3,054,000 | +6.0% | 55,445 | -0.4% | 2.73% | +4.4% |
| NTRS | Sell | NORTHERN TR CORP | $3,045,000 | -2.1% | 39,050 | -0.4% | 2.72% | -3.5% |
| CVX | Sell | CHEVRON CORP NEW | $2,976,000 | -19.4% | 41,330 | -0.1% | 2.66% | -20.6% |
| HIW | Sell | HIGHWOODS PPTYS INC | $2,523,000 | -10.2% | 75,150 | -0.2% | 2.25% | -11.6% |
| RTX | Sell | RAYTHEON TECHNOLOGIES CORP | $2,246,000 | -6.8% | 39,032 | -0.3% | 2.00% | -8.3% |
| TTE | Sell | TOTAL SEsponsored ads | $1,971,000 | -11.1% | 57,477 | -0.3% | 1.76% | -12.4% |
| XOM | Sell | EXXON MOBIL CORP | $1,827,000 | -23.4% | 53,207 | -0.2% | 1.63% | -24.6% |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PG | New | PROCTER AND GAMBLE CO | $5,686,000 | – | 47,555 | – | 5.16% | – |
| CSCO | New | CISCO SYS INC | $5,602,000 | – | 120,121 | – | 5.08% | – |
| JNJ | New | JOHNSON & JOHNSON | $5,518,000 | – | 39,237 | – | 5.00% | – |
| ABBV | New | ABBVIE INC | $5,485,000 | – | 55,870 | – | 4.97% | – |
| UNP | New | UNION PAC CORP | $5,465,000 | – | 32,322 | – | 4.95% | – |
| MRK | New | MERCK & CO. INC | $5,249,000 | – | 67,875 | – | 4.76% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $4,953,000 | – | 30,530 | – | 4.49% | – |
| JPM | New | JPMORGAN CHASE & CO | $4,895,000 | – | 52,040 | – | 4.44% | – |
| UPS | New | UNITED PARCEL SERVICE INCcl b | $4,864,000 | – | 43,750 | – | 4.41% | – |
| PFE | New | PFIZER INC | $4,794,000 | – | 146,600 | – | 4.35% | – |
| PEP | New | PEPSICO INC | $4,715,000 | – | 35,647 | – | 4.27% | – |
| NVS | New | NOVARTIS AGsponsored adr | $4,455,000 | – | 51,005 | – | 4.04% | – |
| CVS | New | CVS HEALTH CORP | $4,054,000 | – | 62,400 | – | 3.68% | – |
| TRV | New | TRAVELERS COMPANIES INC | $3,889,000 | – | 34,100 | – | 3.53% | – |
| MMM | New | 3M CO | $3,869,000 | – | 24,805 | – | 3.51% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $3,774,000 | – | 31,246 | – | 3.42% | – |
| CVX | New | CHEVRON CORP NEW | $3,692,000 | – | 41,380 | – | 3.35% | – |
| BK | New | BANK NEW YORK MELLON CORP | $3,473,000 | – | 89,850 | – | 3.15% | – |
| T | New | AT&T INC | $3,361,000 | – | 111,166 | – | 3.05% | – |
| NTRS | New | NORTHERN TR CORP | $3,110,000 | – | 39,200 | – | 2.82% | – |
| PRU | New | PRUDENTIAL FINL INC | $3,047,000 | – | 50,025 | – | 2.76% | – |
| PSA | New | PUBLIC STORAGE | $2,995,000 | – | 15,606 | – | 2.72% | – |
| WELL | New | WELLTOWER INC | $2,880,000 | – | 55,645 | – | 2.61% | – |
| HIW | New | HIGHWOODS PPTYS INC | $2,811,000 | – | 75,300 | – | 2.55% | – |
| RTX | New | RAYTHEON TECHNOLOGIES CORP | $2,411,000 | – | 39,132 | – | 2.19% | – |
| XOM | New | EXXON MOBIL CORP | $2,385,000 | – | 53,332 | – | 2.16% | – |
| TTE | New | TOTAL S.A.sponsored ads | $2,216,000 | – | 57,627 | – | 2.01% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $505,000 | – | 5,069 | – | 0.46% | – |
| VNQ | New | VANGUARD INDEX FDSreal estate etf | $134,000 | – | 1,712 | – | 0.12% | – |
| VOO | New | VANGUARD INDEX FDS | $20,000 | – | 72 | – | 0.02% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VOO | Exit | VANGUARD INDEX FDS | $0 | – | -72 | – | -0.01% | – |
| VTI | Exit | VANGUARD INDEX FDStotal stk mkt | $0 | – | -800 | – | -0.09% | – |
| VNQ | Exit | VANGUARD INDEX FDSreal estate etf | $0 | – | -1,792 | – | -0.12% | – |
| AAPL | Exit | APPLE INC | $0 | – | -1,050 | – | -0.17% | – |
| VTV | Exit | VANGUARD INDEX FDSvalue etf | $0 | – | -5,184 | – | -0.41% | – |
| SVC | Exit | SERVICE PPTYS TR | $0 | – | -118,842 | – | -2.18% | – |
| TTE | Exit | TOTAL S Asponsored ads | $0 | – | -58,672 | – | -2.18% | – |
| SPG | Exit | SIMON PPTY GROUP INC NEW | $0 | – | -21,265 | – | -2.37% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -80,475 | – | -2.59% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -51,582 | – | -2.60% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -87,550 | – | -2.83% | – |
| PSA | Exit | PUBLIC STORAGE | $0 | – | -16,418 | – | -2.88% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -63,950 | – | -2.88% | – |
| MMM | Exit | 3M CO | $0 | – | -24,740 | – | -2.91% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -48,900 | – | -3.14% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -58,120 | – | -3.15% | – |
| T | Exit | AT&T INC | $0 | – | -118,041 | – | -3.19% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -30,796 | – | -3.20% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -54,405 | – | -3.38% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -32,230 | – | -3.55% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -42,355 | – | -3.59% | – |
| LPT | Exit | LIBERTY PPTY TRsh ben int | $0 | – | -99,010 | – | -3.63% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -35,350 | – | -3.76% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -40,712 | – | -3.76% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -58,183 | – | -3.77% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -38,722 | – | -3.80% | – |
| PFE | Exit | PFIZER INC | $0 | – | -148,357 | – | -3.81% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -39,340 | – | -3.84% | – |
| PLD | Exit | PROLOGIS INC | $0 | – | -63,813 | – | -3.89% | – |
| UNP | Exit | UNION PACIFIC CORP | $0 | – | -33,903 | – | -3.93% | – |
| MRK | Exit | MERCK & CO INC | $0 | – | -72,537 | – | -4.36% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -124,451 | – | -4.40% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -56,505 | – | -4.75% | – |
| PG | Exit | PROCTER & GAMBLE CO | $0 | – | -54,855 | – | -4.88% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PG | Sell | PROCTER & GAMBLE CO | $6,823,000 | +12.0% | 54,855 | -1.3% | 4.88% | +12.7% |
| JPM | Sell | JPMORGAN CHASE & CO | $6,650,000 | +4.5% | 56,505 | -0.8% | 4.75% | +5.1% |
| CSCO | Sell | CISCO SYS INC | $6,149,000 | -10.4% | 124,451 | -0.7% | 4.40% | -9.8% |
| MRK | Sell | MERCK & CO INC | $6,106,000 | -0.5% | 72,537 | -0.9% | 4.36% | +0.1% |
| UNP | Sell | UNION PACIFIC CORP | $5,492,000 | -5.3% | 33,903 | -1.1% | 3.93% | -4.7% |
| PLD | Sell | PROLOGIS INC | $5,438,000 | +4.8% | 63,813 | -1.5% | 3.89% | +5.4% |
| UTX | Sell | UNITED TECHNOLOGIES CORP | $5,371,000 | +3.9% | 39,340 | -0.9% | 3.84% | +4.6% |
| PFE | Sell | PFIZER INC | $5,330,000 | -17.7% | 148,357 | -0.8% | 3.81% | -17.3% |
| PEP | Sell | PEPSICO INC | $5,309,000 | +3.2% | 38,722 | -1.3% | 3.80% | +3.8% |
| WELL | Sell | WELLTOWER INC | $5,274,000 | +6.4% | 58,183 | -4.3% | 3.77% | +7.1% |
| JNJ | Sell | JOHNSON & JOHNSON | $5,267,000 | -7.8% | 40,712 | -0.7% | 3.76% | -7.2% |
| TRV | Sell | TRAVELERS COMPANIES INC | $5,256,000 | -1.9% | 35,350 | -1.3% | 3.76% | -1.3% |
| LPT | Sell | LIBERTY PPTY TRsh ben int | $5,082,000 | +0.9% | 99,010 | -1.6% | 3.63% | +1.5% |
| CVX | Sell | CHEVRON CORP NEW | $5,023,000 | -6.0% | 42,355 | -1.4% | 3.59% | -5.5% |
| ARE | Sell | ALEXANDRIA REAL ESTATE EQ IN | $4,965,000 | +6.9% | 32,230 | -2.1% | 3.55% | +7.5% |
| NVS | Sell | NOVARTIS A Gsponsored adr | $4,728,000 | -5.8% | 54,405 | -1.0% | 3.38% | -5.2% |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $4,478,000 | +4.2% | 30,796 | -1.2% | 3.20% | +4.8% |
| T | Sell | AT&T INC | $4,467,000 | +11.8% | 118,041 | -1.0% | 3.19% | +12.5% |
| ABBV | Sell | ABBVIE INC | $4,401,000 | +3.6% | 58,120 | -0.5% | 3.15% | +4.2% |
| PRU | Sell | PRUDENTIAL FINL INC | $4,399,000 | -11.2% | 48,900 | -0.3% | 3.14% | -10.7% |
| MMM | Sell | 3M CO | $4,067,000 | -5.9% | 24,740 | -0.7% | 2.91% | -5.3% |
| CVS | Sell | CVS HEALTH CORP | $4,033,000 | +14.9% | 63,950 | -0.7% | 2.88% | +15.6% |
| PSA | Sell | PUBLIC STORAGE | $4,027,000 | -0.2% | 16,418 | -3.1% | 2.88% | +0.3% |
| BK | Sell | BANK NEW YORK MELLON CORP | $3,958,000 | +1.5% | 87,550 | -0.9% | 2.83% | +2.1% |
| XOM | Sell | EXXON MOBIL CORP | $3,642,000 | -8.4% | 51,582 | -0.6% | 2.60% | -7.9% |
| HIW | Sell | HIGHWOODS PPTYS INC | $3,617,000 | +8.0% | 80,475 | -0.7% | 2.59% | +8.7% |
| SPG | Sell | SIMON PPTY GROUP INC NEW | $3,310,000 | -3.3% | 21,265 | -0.7% | 2.37% | -2.8% |
| TTE | Sell | TOTAL S Asponsored ads | $3,051,000 | -7.6% | 58,672 | -0.8% | 2.18% | -7.0% |
| SVC | New | SERVICE PPTYS TR | $3,047,000 | – | 118,842 | – | 2.18% | – |
| VTV | Sell | VANGUARD INDEX FDSvalue etf | $579,000 | -3.0% | 5,184 | -3.7% | 0.41% | -2.4% |
| VNQ | Sell | VANGUARD INDEX FDSreal estate etf | $167,000 | -1.8% | 1,792 | -7.7% | 0.12% | -1.7% |
| HPT | Exit | HOSPITALITY PPTYS TR | $0 | – | -119,707 | – | -2.13% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CSCO | New | CISCO SYS INC | $6,861,000 | – | 125,361 | – | 4.88% | – |
| PFE | New | PFIZER INC | $6,480,000 | – | 149,592 | – | 4.60% | – |
| JPM | New | JPMORGAN CHASE & CO | $6,366,000 | – | 56,940 | – | 4.52% | – |
| MRK | New | MERCK & CO INC | $6,137,000 | – | 73,192 | – | 4.36% | – |
| PG | New | PROCTER AND GAMBLE CO | $6,093,000 | – | 55,565 | – | 4.33% | – |
| UNP | New | UNION PACIFIC CORP | $5,797,000 | – | 34,278 | – | 4.12% | – |
| JNJ | New | JOHNSON & JOHNSON | $5,711,000 | – | 41,007 | – | 4.06% | – |
| TRV | New | TRAVELERS COMPANIES INC | $5,357,000 | – | 35,825 | – | 3.81% | – |
| CVX | New | CHEVRON CORP NEW | $5,345,000 | – | 42,950 | – | 3.80% | – |
| PLD | New | PROLOGIS INC | $5,190,000 | – | 64,795 | – | 3.69% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $5,167,000 | – | 39,685 | – | 3.67% | – |
| PEP | New | PEPSICO INC | $5,146,000 | – | 39,247 | – | 3.66% | – |
| LPT | New | LIBERTY PPTY TRsh ben int | $5,035,000 | – | 100,615 | – | 3.58% | – |
| NVS | New | NOVARTIS A Gsponsored adr | $5,017,000 | – | 54,940 | – | 3.56% | – |
| WELL | New | WELLTOWER INC | $4,955,000 | – | 60,770 | – | 3.52% | – |
| PRU | New | PRUDENTIAL FINL INC | $4,954,000 | – | 49,050 | – | 3.52% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $4,644,000 | – | 32,915 | – | 3.30% | – |
| MMM | New | 3M CO | $4,320,000 | – | 24,925 | – | 3.07% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,298,000 | – | 31,171 | – | 3.05% | – |
| ABBV | New | ABBVIE INC | $4,248,000 | – | 58,420 | – | 3.02% | – |
| PSA | New | PUBLIC STORAGE | $4,037,000 | – | 16,948 | – | 2.87% | – |
| T | New | AT&T INC | $3,994,000 | – | 119,191 | – | 2.84% | – |
| XOM | New | EXXON MOBIL CORP | $3,976,000 | – | 51,882 | – | 2.83% | – |
| BK | New | BANK NEW YORK MELLON CORP | $3,901,000 | – | 88,350 | – | 2.77% | – |
| CVS | New | CVS HEALTH CORP | $3,509,000 | – | 64,400 | – | 2.49% | – |
| SPG | New | SIMON PPTY GROUP INC NEW | $3,423,000 | – | 21,425 | – | 2.43% | – |
| HIW | New | HIGHWOODS PPTYS INC | $3,348,000 | – | 81,055 | – | 2.38% | – |
| TTE | New | TOTAL S Asponsored ads | $3,301,000 | – | 59,172 | – | 2.35% | – |
| HPT | New | HOSPITALITY PPTYS TR | $2,993,000 | – | 119,707 | – | 2.13% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $597,000 | – | 5,384 | – | 0.42% | – |
| AAPL | New | APPLE INC | $208,000 | – | 1,050 | – | 0.15% | – |
| VNQ | New | VANGUARD INDEX FDSreal estate etf | $170,000 | – | 1,942 | – | 0.12% | – |
| VTI | New | VANGUARD INDEX FDStotal stk mkt | $120,000 | – | 800 | – | 0.08% | – |
| VOO | New | VANGUARD INDEX FDS | $19,000 | – | 72 | – | 0.01% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -175 | – | -0.14% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -175 | – | -0.14% | – |
| AAPL | Exit | APPLE INC | $0 | – | -1,050 | – | -0.16% | – |
| BA | Exit | BOEING CO | $0 | – | -1,000 | – | -0.25% | – |
| VTV | Exit | VANGUARD INDEX FDSvalue etf | $0 | – | -5,347 | – | -0.40% | – |
| PSA | Exit | PUBLIC STORAGE | $0 | – | -17,013 | – | -2.32% | – |
| HPT | Exit | HOSPITALITY PPTYS TR | $0 | – | -120,470 | – | -2.35% | – |
| ESS | Exit | ESSEX PPTY TR INC | $0 | – | -14,935 | – | -2.49% | – |
| SPG | Exit | SIMON PPTY GROUP INC NEW | $0 | – | -21,390 | – | -2.56% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -81,280 | – | -2.60% | – |
| T | Exit | AT&T INC | $0 | – | -116,001 | – | -2.64% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -61,405 | – | -2.67% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -33,215 | – | -2.83% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -50,742 | – | -2.92% | – |
| LPT | Exit | LIBERTY PPTY TRsh ben int | $0 | – | -102,195 | – | -2.92% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -87,005 | – | -3.00% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -39,947 | – | -3.02% | – |
| PLD | Exit | PROLOGIS INC | $0 | – | -66,462 | – | -3.05% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -30,326 | – | -3.10% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -55,837 | – | -3.14% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -54,465 | – | -3.18% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -59,840 | – | -3.19% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -36,700 | – | -3.22% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -48,175 | – | -3.30% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -42,860 | – | -3.55% | – |
| MMM | Exit | 3M CO | $0 | – | -25,125 | – | -3.58% | – |
| MRK | Exit | MERCK & CO INC | $0 | – | -75,442 | – | -3.62% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -57,738 | – | -3.70% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -39,670 | – | -3.75% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -35,001 | – | -3.86% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -41,407 | – | -3.87% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -56,190 | – | -4.29% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -131,361 | – | -4.32% | – |
| PFE | Exit | PFIZER INC | $0 | – | -152,697 | – | -4.55% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -68,482 | – | -5.30% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MSFT | Sell | MICROSOFT CORP | $7,832,000 | +8.9% | 68,482 | -6.1% | 5.30% | +5.9% |
| PFE | Sell | PFIZER INC | $6,729,000 | +20.5% | 152,697 | -0.8% | 4.55% | +17.1% |
| CSCO | Sell | CISCO SYS INC | $6,391,000 | +11.9% | 131,361 | -1.1% | 4.32% | +8.8% |
| JPM | Sell | JPMORGAN CHASE & CO | $6,340,000 | +2.7% | 56,190 | -5.2% | 4.29% | -0.2% |
| JNJ | Sell | JOHNSON & JOHNSON | $5,721,000 | +10.9% | 41,407 | -2.7% | 3.87% | +7.7% |
| UNP | Sell | UNION PAC CORP | $5,699,000 | +11.6% | 35,001 | -2.9% | 3.86% | +8.5% |
| UTX | Sell | UNITED TECHNOLOGIES CORP | $5,546,000 | +9.3% | 39,670 | -2.2% | 3.75% | +6.3% |
| ABBV | Sell | ABBVIE INC | $5,461,000 | +0.6% | 57,738 | -1.5% | 3.70% | -2.3% |
| MRK | Sell | MERCK & CO INC | $5,352,000 | +15.7% | 75,442 | -1.0% | 3.62% | +12.5% |
| MMM | Sell | 3M CO | $5,294,000 | +6.4% | 25,125 | -0.7% | 3.58% | +3.4% |
| CVX | Sell | CHEVRON CORP NEW | $5,241,000 | -4.2% | 42,860 | -1.0% | 3.55% | -6.9% |
| PRU | Sell | PRUDENTIAL FINL INC | $4,881,000 | +7.6% | 48,175 | -0.7% | 3.30% | +4.6% |
| TRV | Sell | TRAVELERS COMPANIES INC | $4,760,000 | +4.8% | 36,700 | -1.2% | 3.22% | +1.8% |
| CVS | Sell | CVS HEALTH CORP | $4,711,000 | +21.4% | 59,840 | -0.7% | 3.19% | +18.1% |
| NVS | Sell | NOVARTIS A Gsponsored adr | $4,693,000 | +13.2% | 54,465 | -0.7% | 3.18% | +10.1% |
| PG | Sell | PROCTER AND GAMBLE CO | $4,647,000 | +3.4% | 55,837 | -3.0% | 3.14% | +0.5% |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $4,586,000 | +7.7% | 30,326 | -0.5% | 3.10% | +4.7% |
| PLD | Sell | PROLOGIS INC | $4,505,000 | -0.0% | 66,462 | -3.1% | 3.05% | -2.9% |
| PEP | Sell | PEPSICO INC | $4,466,000 | +1.4% | 39,947 | -1.2% | 3.02% | -1.4% |
| BK | Sell | BANK NEW YORK MELLON CORP | $4,436,000 | -6.3% | 87,005 | -0.9% | 3.00% | -8.9% |
| LPT | Sell | LIBERTY PPTY TRsh ben int | $4,318,000 | -6.4% | 102,195 | -1.8% | 2.92% | -9.0% |
| XOM | Sell | EXXON MOBIL CORP | $4,314,000 | +1.9% | 50,742 | -0.8% | 2.92% | -1.0% |
| ARE | Sell | ALEXANDRIA REAL ESTATE EQ IN | $4,178,000 | -2.5% | 33,215 | -2.2% | 2.83% | -5.2% |
| WELL | Sell | WELLTOWER INC | $3,950,000 | +0.9% | 61,405 | -1.7% | 2.67% | -1.9% |
| T | Sell | AT&T INC | $3,895,000 | +4.3% | 116,001 | -0.3% | 2.64% | +1.3% |
| HIW | Sell | HIGHWOODS PPTYS INC | $3,841,000 | -8.4% | 81,280 | -1.7% | 2.60% | -11.0% |
| SPG | Sell | SIMON PPTY GROUP INC NEW | $3,781,000 | +2.4% | 21,390 | -1.4% | 2.56% | -0.4% |
| ESS | Sell | ESSEX PPTY TR INC | $3,685,000 | +1.9% | 14,935 | -1.3% | 2.49% | -1.0% |
| HPT | Sell | HOSPITALITY PPTYS TR | $3,474,000 | -0.5% | 120,470 | -1.4% | 2.35% | -3.3% |
| PSA | Sell | PUBLIC STORAGE | $3,430,000 | -12.1% | 17,013 | -1.2% | 2.32% | -14.6% |
| BA | New | BOEING CO | $372,000 | – | 1,000 | – | 0.25% | – |
| AAPL | New | APPLE INC | $237,000 | – | 1,050 | – | 0.16% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $211,000 | – | 175 | – | 0.14% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $209,000 | – | 175 | – | 0.14% | – |
| TTE | Exit | TOTAL S Asponsored adr | $0 | – | -56,177 | – | -2.37% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MSFT | New | MICROSOFT CORP | $7,191,000 | – | 72,933 | – | 5.01% | – |
| JPM | New | JPMORGAN CHASE & CO | $6,176,000 | – | 59,280 | – | 4.30% | – |
| CSCO | New | CISCO SYS INC | $5,713,000 | – | 132,786 | – | 3.98% | – |
| PFE | New | PFIZER INC | $5,583,000 | – | 153,912 | – | 3.89% | – |
| CVX | New | CHEVRON CORP NEW | $5,473,000 | – | 43,290 | – | 3.81% | – |
| ABBV | New | ABBVIE INC | $5,431,000 | – | 58,620 | – | 3.78% | – |
| JNJ | New | JOHNSON & JOHNSON | $5,161,000 | – | 42,537 | – | 3.59% | – |
| UNP | New | UNION PAC CORP | $5,107,000 | – | 36,051 | – | 3.56% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $5,072,000 | – | 40,570 | – | 3.53% | – |
| MMM | New | 3M CO | $4,977,000 | – | 25,302 | – | 3.46% | – |
| BK | New | BANK NEW YORK MELLON CORP | $4,735,000 | – | 87,805 | – | 3.30% | – |
| MRK | New | MERCK & CO INC | $4,626,000 | – | 76,224 | – | 3.22% | – |
| LPT | New | LIBERTY PPTY TRsh ben int | $4,611,000 | – | 104,020 | – | 3.21% | – |
| TRV | New | TRAVELERS COMPANIES INC | $4,544,000 | – | 37,150 | – | 3.16% | – |
| PRU | New | PRUDENTIAL FINL INC | $4,535,000 | – | 48,500 | – | 3.16% | – |
| PLD | New | PROLOGIS INC | $4,507,000 | – | 68,612 | – | 3.14% | – |
| PG | New | PROCTER AND GAMBLE CO | $4,495,000 | – | 57,592 | – | 3.13% | – |
| PEP | New | PEPSICO INC | $4,403,000 | – | 40,447 | – | 3.06% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $4,285,000 | – | 33,965 | – | 2.98% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,257,000 | – | 30,476 | – | 2.96% | – |
| XOM | New | EXXON MOBIL CORP | $4,233,000 | – | 51,175 | – | 2.95% | – |
| HIW | New | HIGHWOODS PPTYS INC | $4,195,000 | – | 82,705 | – | 2.92% | – |
| NVS | New | NOVARTIS A Gsponsored adr | $4,144,000 | – | 54,865 | – | 2.88% | – |
| WELL | New | WELLTOWER INC | $3,915,000 | – | 62,455 | – | 2.72% | – |
| PSA | New | PUBLIC STORAGE | $3,904,000 | – | 17,213 | – | 2.72% | – |
| CVS | New | CVS HEALTH CORP | $3,879,000 | – | 60,290 | – | 2.70% | – |
| T | New | AT&T INC | $3,736,000 | – | 116,375 | – | 2.60% | – |
| SPG | New | SIMON PPTY GROUP INC NEW | $3,691,000 | – | 21,690 | – | 2.57% | – |
| ESS | New | ESSEX PPTY TR INC | $3,618,000 | – | 15,135 | – | 2.52% | – |
| HPT | New | HOSPITALITY PPTYS TR | $3,493,000 | – | 122,120 | – | 2.43% | – |
| TTE | New | TOTAL S Asponsored adr | $3,402,000 | – | 56,177 | – | 2.37% | – |
| VTV | New | VANGUARD INDEX FDSvalue etf | $555,000 | – | 5,347 | – | 0.39% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TTE | Exit | TOTAL S Asponsored adr | $0 | – | -53,035 | – | -1.82% | – |
| SPG | Exit | SIMON PPTY GROUP INC NEW | $0 | – | -19,940 | – | -2.06% | – |
| HPT | Exit | HOSPITALITY PPTYS TR | $0 | – | -119,005 | – | -2.17% | – |
| PSA | Exit | PUBLIC STORAGE | $0 | – | -16,568 | – | -2.27% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -44,657 | – | -2.34% | – |
| ESS | Exit | ESSEX PPTY TR INC | $0 | – | -15,015 | – | -2.44% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -27,206 | – | -2.53% | – |
| GE | Exit | GENERAL ELECTRIC CO | $0 | – | -167,330 | – | -2.59% | – |
| T | Exit | AT&T INC | $0 | – | -103,641 | – | -2.60% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -80,575 | – | -2.69% | – |
| BLK | Exit | BLACKROCK INC | $0 | – | -9,485 | – | -2.71% | – |
| WELL | Exit | WELLTOWER INC | $0 | – | -60,518 | – | -2.72% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -36,693 | – | -2.72% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -38,540 | – | -2.75% | – |
| LPT | Exit | LIBERTY PPTY TRsh ben int | $0 | – | -105,240 | – | -2.76% | – |
| QCOM | Exit | QUALCOMM INC | $0 | – | -84,200 | – | -2.79% | – |
| CVS | Exit | CVS HEALTH CORP | $0 | – | -54,075 | – | -2.81% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -51,698 | – | -2.84% | – |
| MRK | Exit | MERCK & CO INC | $0 | – | -71,195 | – | -2.92% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -50,277 | – | -2.93% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -139,726 | – | -3.01% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -40,525 | – | -3.01% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -38,475 | – | -3.02% | – |
| ARE | Exit | ALEXANDRIA REAL ESTATE EQ IN | $0 | – | -39,980 | – | -3.04% | – |
| BK | Exit | BANK NEW YORK MELLON CORP | $0 | – | -91,150 | – | -3.09% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -43,738 | – | -3.29% | – |
| PLD | Exit | PROLOGIS INC | $0 | – | -81,530 | – | -3.31% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -49,500 | – | -3.37% | – |
| PFE | Exit | PFIZER INC | $0 | – | -158,699 | – | -3.63% | – |
| MMM | Exit | 3M CO | $0 | – | -28,152 | – | -3.78% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -62,255 | – | -3.80% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -67,256 | – | -3.82% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -48,380 | – | -4.02% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -91,213 | – | -4.35% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MSFT | Sell | MICROSOFT CORP | $6,794,000 | +4.8% | 91,213 | -3.0% | 4.35% | +9.3% |
| JNJ | Sell | JOHNSON & JOHNSON | $6,290,000 | -3.0% | 48,380 | -1.3% | 4.02% | +1.2% |
| ABBV | Buy | ABBVIE INC | $5,976,000 | +23.8% | 67,256 | +1.0% | 3.82% | +29.0% |
| JPM | Sell | JPMORGAN CHASE & CO | $5,946,000 | +1.3% | 62,255 | -3.1% | 3.80% | +5.5% |
| MMM | Sell | 3M CO | $5,909,000 | -1.1% | 28,152 | -1.9% | 3.78% | +3.1% |
| PFE | Buy | PFIZER INC | $5,666,000 | +7.9% | 158,699 | +1.5% | 3.63% | +12.5% |
| PRU | Sell | PRUDENTIAL FINL INC | $5,263,000 | -2.7% | 49,500 | -1.0% | 3.37% | +1.4% |
| PLD | Sell | PROLOGIS INC | $5,173,000 | +5.2% | 81,530 | -2.8% | 3.31% | +9.7% |
| CVX | Buy | CHEVRON CORP NEW | $5,139,000 | +14.3% | 43,738 | +1.4% | 3.29% | +19.1% |
| BK | Sell | BANK NEW YORK MELLON CORP | $4,833,000 | +2.1% | 91,150 | -1.7% | 3.09% | +6.5% |
| ARE | Sell | ALEXANDRIA REAL ESTATE EQ IN | $4,756,000 | -2.1% | 39,980 | -0.9% | 3.04% | +2.0% |
| TRV | Sell | TRAVELERS COMPANIES INC | $4,714,000 | -4.2% | 38,475 | -1.1% | 3.02% | -0.1% |
| UTX | Sell | UNITED TECHNOLOGIES CORP | $4,704,000 | -5.1% | 40,525 | -0.1% | 3.01% | -1.1% |
| CSCO | Buy | CISCO SYS INC | $4,698,000 | +9.2% | 139,726 | +1.6% | 3.01% | +13.8% |
| MRK | Buy | MERCK & CO INC | $4,559,000 | +1.3% | 71,195 | +1.4% | 2.92% | +5.6% |
| NVS | Buy | NOVARTIS A Gsponsored adr | $4,438,000 | +3.4% | 51,698 | +0.5% | 2.84% | +7.7% |
| CVS | Buy | CVS HEALTH CORP | $4,397,000 | +2.1% | 54,075 | +1.0% | 2.81% | +6.4% |
| QCOM | Buy | QUALCOMM INC | $4,365,000 | -5.1% | 84,200 | +1.1% | 2.79% | -1.1% |
| LPT | Sell | LIBERTY PPTY TRsh ben int | $4,321,000 | -0.0% | 105,240 | -0.9% | 2.76% | +4.2% |
| PEP | Sell | PEPSICO INC | $4,295,000 | -3.7% | 38,540 | -0.2% | 2.75% | +0.4% |
| UNP | Buy | UNION PAC CORP | $4,255,000 | +7.0% | 36,693 | +0.5% | 2.72% | +11.6% |
| WELL | Sell | WELLTOWER INC | $4,253,000 | -7.6% | 60,518 | -1.6% | 2.72% | -3.7% |
| BLK | Sell | BLACKROCK INC | $4,241,000 | +3.4% | 9,485 | -2.3% | 2.71% | +7.8% |
| HIW | Sell | HIGHWOODS PPTYS INC | $4,197,000 | +2.6% | 80,575 | -0.1% | 2.69% | +7.0% |
| T | Buy | AT&T INC | $4,060,000 | +8.9% | 103,641 | +4.9% | 2.60% | +13.5% |
| GE | Buy | GENERAL ELECTRIC CO | $4,046,000 | -8.7% | 167,330 | +1.9% | 2.59% | -4.9% |
| IBM | Buy | INTERNATIONAL BUSINESS MACHS | $3,947,000 | -2.6% | 27,206 | +3.2% | 2.53% | +1.5% |
| ESS | Buy | ESSEX PPTY TR INC | $3,814,000 | -1.2% | 15,015 | +0.0% | 2.44% | +3.0% |
| XOM | Buy | EXXON MOBIL CORP | $3,661,000 | +4.7% | 44,657 | +3.1% | 2.34% | +9.2% |
| PSA | Buy | PUBLIC STORAGE | $3,545,000 | +6.0% | 16,568 | +3.3% | 2.27% | +10.5% |
| HPT | Sell | HOSPITALITY PPTYS TR | $3,390,000 | -2.5% | 119,005 | -0.2% | 2.17% | +1.6% |
| SPG | Buy | SIMON PPTY GROUP INC NEW | $3,211,000 | +3.5% | 19,940 | +3.9% | 2.06% | +7.9% |
| TTE | Sell | TOTAL S Asponsored adr | $2,838,000 | +6.1% | 53,035 | -1.7% | 1.82% | +10.7% |
| MON | Exit | MONSANTO CO NEW | $0 | – | -31,850 | – | -2.31% | – |
| VZ | Exit | VERIZON COMMUNICATIONS INC | $0 | – | -13,075 | – | -3.58% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JNJ | New | JOHNSON & JOHNSON | $6,482,000 | – | 49,000 | – | 3.98% | – |
| MSFT | New | MICROSOFT CORP | $6,482,000 | – | 94,040 | – | 3.98% | – |
| MMM | New | 3M CO | $5,976,000 | – | 28,705 | – | 3.67% | – |
| JPM | New | JPMORGAN CHASE & CO | $5,872,000 | – | 64,255 | – | 3.60% | – |
| VZ | New | VERIZON COMMUNICATIONS INC | $5,839,000 | – | 13,075 | – | 3.58% | – |
| PRU | New | PRUDENTIAL FINL INC | $5,409,000 | – | 50,025 | – | 3.32% | – |
| PFE | New | PFIZER INC | $5,252,000 | – | 156,382 | – | 3.22% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $4,955,000 | – | 40,585 | – | 3.04% | – |
| TRV | New | TRAVELERS COMPANIES INC | $4,922,000 | – | 38,900 | – | 3.02% | – |
| PLD | New | PROLOGIS INC | $4,917,000 | – | 83,855 | – | 3.02% | – |
| ARE | New | ALEXANDRIA REAL ESTATE EQ IN | $4,860,000 | – | 40,350 | – | 2.98% | – |
| ABBV | New | ABBVIE INC | $4,828,000 | – | 66,585 | – | 2.96% | – |
| BK | New | BANK NEW YORK MELLON CORP | $4,732,000 | – | 92,750 | – | 2.90% | – |
| WELL | New | WELLTOWER INC | $4,604,000 | – | 61,510 | – | 2.83% | – |
| QCOM | New | QUALCOMM INC | $4,601,000 | – | 83,325 | – | 2.82% | – |
| MRK | New | MERCK & CO INC | $4,500,000 | – | 70,220 | – | 2.76% | – |
| CVX | New | CHEVRON CORP NEW | $4,498,000 | – | 43,120 | – | 2.76% | – |
| PEP | New | PEPSICO INC | $4,459,000 | – | 38,615 | – | 2.74% | – |
| GE | New | GENERAL ELECTRIC CO | $4,433,000 | – | 164,142 | – | 2.72% | – |
| PG | New | PROCTER AND GAMBLE CO | $4,381,000 | – | 50,277 | – | 2.69% | – |
| LPT | New | LIBERTY PPTY TRsh ben int | $4,322,000 | – | 106,180 | – | 2.65% | – |
| CVS | New | CVS HEALTH CORP | $4,308,000 | – | 53,550 | – | 2.64% | – |
| CSCO | New | CISCO SYS INC | $4,304,000 | – | 137,526 | – | 2.64% | – |
| NVS | New | NOVARTIS A Gsponsored adr | $4,294,000 | – | 51,450 | – | 2.64% | – |
| BLK | New | BLACKROCK INC | $4,101,000 | – | 9,710 | – | 2.52% | – |
| HIW | New | HIGHWOODS PPTYS INC | $4,091,000 | – | 80,675 | – | 2.51% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,054,000 | – | 26,355 | – | 2.49% | – |
| UNP | New | UNION PAC CORP | $3,977,000 | – | 36,518 | – | 2.44% | – |
| ESS | New | ESSEX PPTY TR INC | $3,861,000 | – | 15,010 | – | 2.37% | – |
| MON | New | MONSANTO CO NEW | $3,769,000 | – | 31,850 | – | 2.31% | – |
| T | New | AT&T INC | $3,729,000 | – | 98,841 | – | 2.29% | – |
| XOM | New | EXXON MOBIL CORP | $3,496,000 | – | 43,315 | – | 2.15% | – |
| HPT | New | HOSPITALITY PPTYS TR | $3,476,000 | – | 119,255 | – | 2.13% | – |
| PSA | New | PUBLIC STORAGE | $3,345,000 | – | 16,045 | – | 2.05% | – |
| SPG | New | SIMON PPTY GROUP INC NEW | $3,103,000 | – | 19,185 | – | 1.90% | – |
| TTE | New | TOTAL S Asponsored adr | $2,674,000 | – | 53,942 | – | 1.64% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VZ | Exit | VERIZON COMMUNICATIONS INC | $0 | – | -13,075 | – | -0.55% | – |
| TTE | Exit | TOTAL S Asponsored adr | $0 | – | -53,092 | – | -2.05% | – |
| WFM | Exit | WHOLE FOODS MKT INC | $0 | – | -96,125 | – | -2.21% | – |
| HPT | Exit | HOSPITALITY PPTYS TR | $0 | – | -113,380 | – | -2.73% | – |
| MON | Exit | MONSANTO CO NEW | $0 | – | -33,900 | – | -2.81% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -39,815 | – | -2.82% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -36,825 | – | -2.91% | – |
| BLK | Exit | BLACKROCK INC | $0 | – | -9,945 | – | -2.92% | – |
| ABBV | Exit | ABBVIE INC | $0 | – | -63,235 | – | -3.23% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -50,550 | – | -3.24% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -25,470 | – | -3.28% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -40,896 | – | -3.41% | – |
| LPT | Exit | LIBERTY PPTY TRsh ben int | $0 | – | -105,430 | – | -3.45% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -82,225 | – | -3.48% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -42,335 | – | -3.49% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -52,950 | – | -3.50% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -39,915 | – | -3.52% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -140,726 | – | -3.62% | – |
| PG | Exit | PROCTER AND GAMBLE CO | $0 | – | -50,710 | – | -3.69% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -40,900 | – | -3.80% | – |
| UL | Exit | UNILEVER PLCspon adr new | $0 | – | -99,455 | – | -3.82% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -71,330 | – | -3.85% | – |
| GE | Exit | GENERAL ELECTRIC CO | $0 | – | -162,769 | – | -3.91% | – |
| WM | Exit | WASTE MGMT INC DEL | $0 | – | -75,650 | – | -3.91% | – |
| PFE | Exit | PFIZER INC | $0 | – | -156,823 | – | -4.31% | – |
| MMM | Exit | 3M CO | $0 | – | -32,115 | – | -4.59% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -49,450 | – | -4.74% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -104,910 | – | -4.90% | – |
| ITW | Exit | ILLINOIS TOOL WKS INC | $0 | – | -54,200 | – | -5.27% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITW | Sell | ILLINOIS TOOL WKS INC | $6,495,000 | +14.9% | 54,200 | -0.2% | 5.27% | +16.7% |
| MSFT | Buy | MICROSOFT CORP | $6,043,000 | +12.7% | 104,910 | +0.1% | 4.90% | +14.5% |
| JNJ | Buy | JOHNSON & JOHNSON | $5,842,000 | -2.4% | 49,450 | +0.2% | 4.74% | -0.9% |
| MMM | Buy | 3M CO | $5,660,000 | +0.8% | 32,115 | +0.2% | 4.59% | +2.4% |
| PFE | Buy | PFIZER INC | $5,312,000 | -3.5% | 156,823 | +0.3% | 4.31% | -1.9% |
| WM | Buy | WASTE MGMT INC DEL | $4,823,000 | -3.5% | 75,650 | +0.3% | 3.91% | -2.0% |
| GE | Buy | GENERAL ELECTRIC CO | $4,821,000 | -5.6% | 162,769 | +0.3% | 3.91% | -4.1% |
| UL | Buy | UNILEVER PLCspon adr new | $4,714,000 | -1.0% | 99,455 | +0.0% | 3.82% | +0.6% |
| TRV | Buy | TRAVELERS COMPANIES INC | $4,685,000 | -3.5% | 40,900 | +0.2% | 3.80% | -2.0% |
| PG | Buy | PROCTER AND GAMBLE CO | $4,551,000 | +6.2% | 50,710 | +0.2% | 3.69% | +7.9% |
| CSCO | Buy | CISCO SYS INC | $4,464,000 | +10.8% | 140,726 | +0.2% | 3.62% | +12.6% |
| PEP | Buy | PEPSICO INC | $4,341,000 | +2.9% | 39,915 | +0.3% | 3.52% | +4.5% |
| PRU | Buy | PRUDENTIAL FINL INC | $4,323,000 | +15.0% | 52,950 | +0.5% | 3.50% | +16.8% |
| UTX | Buy | UNITED TECHNOLOGIES CORP | $4,301,000 | -0.8% | 42,335 | +0.1% | 3.49% | +0.8% |
| HIW | Sell | HIGHWOODS PPTYS INC | $4,286,000 | -1.4% | 82,225 | -0.1% | 3.48% | +0.2% |
| LPT | Buy | LIBERTY PPTY TRsh ben int | $4,254,000 | +1.7% | 105,430 | +0.1% | 3.45% | +3.3% |
| CVX | Sell | CHEVRON CORP NEW | $4,209,000 | -1.9% | 40,896 | -0.1% | 3.41% | -0.4% |
| IBM | Buy | INTERNATIONAL BUSINESS MACHS | $4,046,000 | +4.9% | 25,470 | +0.2% | 3.28% | +6.5% |
| NVS | Buy | NOVARTIS A Gsponsored adr | $3,991,000 | -4.1% | 50,550 | +0.2% | 3.24% | -2.6% |
| ABBV | Buy | ABBVIE INC | $3,988,000 | +2.0% | 63,235 | +0.2% | 3.23% | +3.7% |
| BLK | Buy | BLACKROCK INC | $3,605,000 | +6.5% | 9,945 | +0.6% | 2.92% | +8.2% |
| XOM | Buy | EXXON MOBIL CORP | $3,475,000 | -6.8% | 39,815 | +0.1% | 2.82% | -5.3% |
| MON | Buy | MONSANTO CO NEW | $3,465,000 | -0.9% | 33,900 | +0.3% | 2.81% | +0.7% |
| HPT | Buy | HOSPITALITY PPTYS TR | $3,370,000 | +3.4% | 113,380 | +0.2% | 2.73% | +5.0% |
| WFM | Buy | WHOLE FOODS MKT INC | $2,725,000 | -11.2% | 96,125 | +0.3% | 2.21% | -9.8% |
| VZ | New | VERIZON COMMUNICATIONS INC | $680,000 | – | 13,075 | – | 0.55% | – |
| DRE | Exit | DUKE REALTY CORP | $0 | – | -185,750 | – | -3.95% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| JNJ | New | JOHNSON & JOHNSON | $5,986,000 | – | 49,350 | – | 4.78% | – |
| ITW | New | ILLINOIS TOOL WKS INC | $5,655,000 | – | 54,300 | – | 4.51% | – |
| MMM | New | 3M CO | $5,615,000 | – | 32,065 | – | 4.48% | – |
| PFE | New | PFIZER INC | $5,504,000 | – | 156,332 | – | 4.39% | – |
| MSFT | New | MICROSOFT CORP | $5,363,000 | – | 104,810 | – | 4.28% | – |
| GE | New | GENERAL ELECTRIC CO | $5,108,000 | – | 162,269 | – | 4.08% | – |
| WM | New | WASTE MGMT INC DEL | $5,000,000 | – | 75,450 | – | 3.99% | – |
| DRE | New | DUKE REALTY CORP | $4,952,000 | – | 185,750 | – | 3.95% | – |
| TRV | New | TRAVELERS COMPANIES INC | $4,856,000 | – | 40,800 | – | 3.88% | – |
| UL | New | UNILEVER PLCspon adr new | $4,763,000 | – | 99,435 | – | 3.80% | – |
| JPM | New | JPMORGAN CHASE & CO | $4,432,000 | – | 71,330 | – | 3.54% | – |
| HIW | New | HIGHWOODS PPTYS INC | $4,346,000 | – | 82,325 | – | 3.47% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $4,336,000 | – | 42,285 | – | 3.46% | – |
| CVX | New | CHEVRON CORP NEW | $4,292,000 | – | 40,946 | – | 3.42% | – |
| PG | New | PROCTER & GAMBLE CO | $4,285,000 | – | 50,610 | – | 3.42% | – |
| PEP | New | PEPSICO INC | $4,218,000 | – | 39,815 | – | 3.37% | – |
| LPT | New | LIBERTY PPTY TRsh ben int | $4,183,000 | – | 105,330 | – | 3.34% | – |
| NVS | New | NOVARTIS A Gsponsored adr | $4,162,000 | – | 50,450 | – | 3.32% | – |
| CSCO | New | CISCO SYS INC | $4,028,000 | – | 140,426 | – | 3.21% | – |
| ABBV | New | ABBVIE INC | $3,908,000 | – | 63,135 | – | 3.12% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $3,858,000 | – | 25,420 | – | 3.08% | – |
| PRU | New | PRUDENTIAL FINL INC | $3,759,000 | – | 52,700 | – | 3.00% | – |
| XOM | New | EXXON MOBIL CORP | $3,727,000 | – | 39,765 | – | 2.97% | – |
| MON | New | MONSANTO CO NEW | $3,495,000 | – | 33,800 | – | 2.79% | – |
| BLK | New | BLACKROCK INC | $3,385,000 | – | 9,885 | – | 2.70% | – |
| HPT | New | HOSPITALITY PPTYS TR | $3,259,000 | – | 113,180 | – | 2.60% | – |
| UNP | New | UNION PAC CORP | $3,212,000 | – | 36,825 | – | 2.56% | – |
| WFM | New | WHOLE FOODS MKT INC | $3,068,000 | – | 95,825 | – | 2.45% | – |
| TTE | New | TOTAL S Asponsored adr | $2,553,000 | – | 53,092 | – | 2.04% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TTE | Exit | TOTAL S Asponsored adr | $0 | – | -49,192 | – | -1.71% | – |
| HPT | Exit | HOSPITALITY PPTYS TR | $0 | – | -86,850 | – | -1.73% | – |
| HPQ | Exit | HEWLETT PACKARD CO | $0 | – | -103,000 | – | -2.06% | – |
| GSK | Exit | GLAXOSMITHKLINE PLCsponsored adr | $0 | – | -69,050 | – | -2.07% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -33,899 | – | -2.08% | – |
| LPT | Exit | LIBERTY PPTY TRsh ben int | $0 | – | -86,380 | – | -2.12% | – |
| WFM | Exit | WHOLE FOODS MKT INC | $0 | – | -85,975 | – | -2.12% | – |
| MAS | Exit | MASCO CORP | $0 | – | -108,485 | – | -2.13% | – |
| BLK | Exit | BLACKROCK INC | $0 | – | -9,245 | – | -2.14% | – |
| HIW | Exit | HIGHWOODS PPTYS INC | $0 | – | -71,075 | – | -2.15% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -39,020 | – | -2.26% | – |
| UNP | Exit | UNION PAC CORP | $0 | – | -33,775 | – | -2.33% | – |
| DD | Exit | DU PONT E I DE NEMOURS & CO | $0 | – | -66,050 | – | -2.48% | – |
| DRE | Exit | DUKE REALTY CORP | $0 | – | -177,200 | – | -2.63% | – |
| DLR | Exit | DIGITAL RLTY TR INC | $0 | – | -51,700 | – | -2.63% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -24,270 | – | -2.74% | – |
| WMT | Exit | WAL-MART STORES INC | $0 | – | -54,975 | – | -2.78% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -137,226 | – | -2.81% | – |
| PG | Exit | PROCTER & GAMBLE CO | $0 | – | -50,700 | – | -2.84% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -41,300 | – | -2.86% | – |
| WM | Exit | WASTE MGMT INC DEL | $0 | – | -75,650 | – | -2.94% | – |
| HME | Exit | HOME PROPERTIES INC | $0 | – | -50,400 | – | -2.94% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -49,700 | – | -2.95% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -40,490 | – | -2.98% | – |
| GE | Exit | GENERAL ELECTRIC CO | $0 | – | -151,719 | – | -2.98% | – |
| HCN | Exit | HEALTH CARE REIT INC | $0 | – | -58,050 | – | -3.06% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -41,800 | – | -3.24% | – |
| UL | Exit | UNILEVER PLCspon adr new | $0 | – | -102,385 | – | -3.26% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -45,840 | – | -3.34% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -70,980 | – | -3.37% | – |
| PFE | Exit | PFIZER INC | $0 | – | -140,167 | – | -3.43% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -48,100 | – | -3.45% | – |
| MMM | Exit | 3M CO | $0 | – | -33,275 | – | -3.68% | – |
| ITW | Exit | ILLINOIS TOOL WKS INC | $0 | – | -58,075 | – | -3.73% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -109,145 | – | -3.76% | – |
| STJ | Exit | ST JUDE MED INC | $0 | – | -85,550 | – | -4.21% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| STJ | Buy | ST JUDE MED INC | $5,397,000 | -3.8% | 85,550 | +11.4% | 4.21% | -13.4% |
| MSFT | Buy | MICROSOFT CORP | $4,830,000 | +16.9% | 109,145 | +16.6% | 3.76% | +5.3% |
| ITW | Buy | ILLINOIS TOOL WKS INC | $4,780,000 | +0.1% | 58,075 | +11.6% | 3.73% | -9.9% |
| MMM | Buy | 3M CO | $4,717,000 | +1.6% | 33,275 | +10.5% | 3.68% | -8.5% |
| NVS | Buy | NOVARTIS A Gsponsored adr | $4,421,000 | +8.2% | 48,100 | +15.8% | 3.45% | -2.5% |
| PFE | Buy | PFIZER INC | $4,402,000 | +8.7% | 140,167 | +16.0% | 3.43% | -2.1% |
| JPM | Buy | JPMORGAN CHASE & CO | $4,327,000 | +3.4% | 70,980 | +14.9% | 3.37% | -6.9% |
| JNJ | Buy | JOHNSON & JOHNSON | $4,279,000 | +10.0% | 45,840 | +14.8% | 3.34% | -1.0% |
| UL | Buy | UNILEVER PLCspon adr new | $4,175,000 | +9.2% | 102,385 | +15.0% | 3.26% | -1.7% |
| TRV | Buy | TRAVELERS COMPANIES INC | $4,160,000 | +20.1% | 41,800 | +16.6% | 3.24% | +8.1% |
| HCN | Buy | HEALTH CARE REIT INC | $3,931,000 | +14.8% | 58,050 | +11.3% | 3.06% | +3.4% |
| GE | Buy | GENERAL ELECTRIC CO | $3,826,000 | +11.9% | 151,719 | +17.8% | 2.98% | +0.7% |
| PEP | Buy | PEPSICO INC | $3,818,000 | +18.4% | 40,490 | +17.2% | 2.98% | +6.6% |
| PRU | Buy | PRUDENTIAL FINL INC | $3,787,000 | +0.4% | 49,700 | +15.3% | 2.95% | -9.6% |
| HME | Buy | HOME PROPERTIES INC | $3,767,000 | +20.7% | 50,400 | +17.9% | 2.94% | +8.7% |
| WM | Buy | WASTE MGMT INC DEL | $3,768,000 | +27.1% | 75,650 | +18.3% | 2.94% | +14.5% |
| UTX | Buy | UNITED TECHNOLOGIES CORP | $3,675,000 | -6.8% | 41,300 | +16.1% | 2.86% | -16.1% |
| PG | Buy | PROCTER & GAMBLE CO | $3,647,000 | +6.1% | 50,700 | +15.4% | 2.84% | -4.4% |
| CSCO | Buy | CISCO SYS INC | $3,602,000 | +15.0% | 137,226 | +20.3% | 2.81% | +3.5% |
| WMT | Buy | WAL-MART STORES INC | $3,564,000 | +5.8% | 54,975 | +15.7% | 2.78% | -4.8% |
| IBM | Buy | INTERNATIONAL BUSINESS MACHS | $3,518,000 | +4.3% | 24,270 | +17.0% | 2.74% | -6.1% |
| DLR | Buy | DIGITAL RLTY TR INC | $3,377,000 | +20.5% | 51,700 | +22.9% | 2.63% | +8.5% |
| DRE | Buy | DUKE REALTY CORP | $3,375,000 | +25.0% | 177,200 | +21.8% | 2.63% | +12.5% |
| DD | Buy | DU PONT E I DE NEMOURS & CO | $3,183,000 | -12.9% | 66,050 | +15.6% | 2.48% | -21.5% |
| UNP | New | UNION PAC CORP | $2,986,000 | – | 33,775 | – | 2.33% | – |
| XOM | Buy | EXXON MOBIL CORP | $2,901,000 | +6.8% | 39,020 | +19.5% | 2.26% | -3.8% |
| HIW | New | HIGHWOODS PPTYS INC | $2,754,000 | – | 71,075 | – | 2.15% | – |
| BLK | New | BLACKROCK INC | $2,750,000 | – | 9,245 | – | 2.14% | – |
| MAS | Buy | MASCO CORP | $2,731,000 | +18.7% | 108,485 | +25.7% | 2.13% | +6.9% |
| WFM | New | WHOLE FOODS MKT INC | $2,721,000 | – | 85,975 | – | 2.12% | – |
| LPT | Buy | LIBERTY PPTY TRsh ben int | $2,721,000 | +17.3% | 86,380 | +19.9% | 2.12% | +5.6% |
| CVX | Buy | CHEVRON CORP NEW | $2,673,000 | -3.5% | 33,899 | +18.0% | 2.08% | -13.1% |
| GSK | Buy | GLAXOSMITHKLINE PLCsponsored adr | $2,654,000 | +14.3% | 69,050 | +23.9% | 2.07% | +3.0% |
| HPQ | Buy | HEWLETT PACKARD CO | $2,637,000 | +2.4% | 103,000 | +20.0% | 2.06% | -7.7% |
| HPT | Buy | HOSPITALITY PPTYS TR | $2,221,000 | +5.7% | 86,850 | +19.1% | 1.73% | -4.9% |
| TTE | Buy | TOTAL S Asponsored adr | $2,199,000 | +11.1% | 49,192 | +22.2% | 1.71% | +0.1% |
| CLI | Exit | MACK CALI RLTY CORP | $0 | – | -76,850 | – | -1.23% | – |
| BAX | Exit | BAXTER INTL INC | $0 | – | -42,700 | – | -2.58% | – |
| UPS | Exit | UNITED PARCEL SERVICE INCcl b | $0 | – | -31,250 | – | -2.62% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| STJ | New | ST JUDE MED INC | $5,611,000 | – | 76,800 | – | 4.86% | – |
| ITW | New | ILLINOIS TOOL WKS INC | $4,775,000 | – | 52,025 | – | 4.13% | – |
| MMM | New | 3M CO | $4,644,000 | – | 30,100 | – | 4.02% | – |
| JPM | New | JPMORGAN CHASE & CO | $4,184,000 | – | 61,750 | – | 3.62% | – |
| MSFT | New | MICROSOFT CORP | $4,132,000 | – | 93,600 | – | 3.58% | – |
| NVS | New | NOVARTIS A Gsponsored adr | $4,086,000 | – | 41,550 | – | 3.54% | – |
| PFE | New | PFIZER INC | $4,050,000 | – | 120,817 | – | 3.51% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $3,944,000 | – | 35,560 | – | 3.41% | – |
| JNJ | New | JOHNSON & JOHNSON | $3,891,000 | – | 39,930 | – | 3.37% | – |
| UL | New | UNILEVER PLCspon adr new | $3,823,000 | – | 88,995 | – | 3.31% | – |
| PRU | New | PRUDENTIAL FINL INC | $3,772,000 | – | 43,100 | – | 3.26% | – |
| DD | New | DU PONT E I DE NEMOURS & CO | $3,653,000 | – | 57,125 | – | 3.16% | – |
| TRV | New | TRAVELERS COMPANIES INC | $3,465,000 | – | 35,850 | – | 3.00% | – |
| PG | New | PROCTER & GAMBLE CO | $3,436,000 | – | 43,925 | – | 2.98% | – |
| HCN | New | HEALTH CARE REIT INC | $3,424,000 | – | 52,175 | – | 2.96% | – |
| GE | New | GENERAL ELECTRIC CO | $3,420,000 | – | 128,744 | – | 2.96% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $3,374,000 | – | 20,745 | – | 2.92% | – |
| WMT | New | WAL-MART STORES INC | $3,370,000 | – | 47,525 | – | 2.92% | – |
| PEP | New | PEPSICO INC | $3,224,000 | – | 34,550 | – | 2.79% | – |
| CSCO | New | CISCO SYS INC | $3,133,000 | – | 114,105 | – | 2.71% | – |
| HME | New | HOME PROPERTIES INC | $3,122,000 | – | 42,750 | – | 2.70% | – |
| UPS | New | UNITED PARCEL SERVICE INCcl b | $3,028,000 | – | 31,250 | – | 2.62% | – |
| BAX | New | BAXTER INTL INC | $2,986,000 | – | 42,700 | – | 2.58% | – |
| WM | New | WASTE MGMT INC DEL | $2,964,000 | – | 63,950 | – | 2.57% | – |
| DLR | New | DIGITAL RLTY TR INC | $2,803,000 | – | 42,050 | – | 2.43% | – |
| CVX | New | CHEVRON CORP NEW | $2,771,000 | – | 28,728 | – | 2.40% | – |
| XOM | New | EXXON MOBIL CORP | $2,716,000 | – | 32,655 | – | 2.35% | – |
| DRE | New | DUKE REALTY CORP | $2,701,000 | – | 145,450 | – | 2.34% | – |
| HPQ | New | HEWLETT PACKARD CO | $2,574,000 | – | 85,800 | – | 2.23% | – |
| GSK | New | GLAXOSMITHKLINE PLCsponsored adr | $2,321,000 | – | 55,750 | – | 2.01% | – |
| LPT | New | LIBERTY PPTY TRsh ben int | $2,320,000 | – | 72,030 | – | 2.01% | – |
| MAS | New | MASCO CORP | $2,301,000 | – | 86,285 | – | 1.99% | – |
| HPT | New | HOSPITALITY PPTYS TR | $2,102,000 | – | 72,950 | – | 1.82% | – |
| TTE | New | TOTAL S Asponsored adr | $1,979,000 | – | 40,250 | – | 1.71% | – |
| CLI | New | MACK CALI RLTY CORP | $1,416,000 | – | 76,850 | – | 1.23% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CLI | Exit | MACK CALI RLTY CORP | $0 | – | -87,000 | – | -1.19% | – |
| HPT | Exit | HOSPITALITY PPTYS TR | $0 | – | -78,400 | – | -1.51% | – |
| GSK | Exit | GLAXOSMITHKLINE PLCsponsored adr | $0 | – | -54,450 | – | -1.79% | – |
| MAS | Exit | MASCO CORP | $0 | – | -104,785 | – | -1.80% | – |
| LPT | Exit | LIBERTY PPTY TRsh ben int | $0 | – | -79,030 | – | -1.88% | – |
| HME | Exit | HOME PROPERTIES INC | $0 | – | -46,450 | – | -1.94% | – |
| Exit | AT&T Corp. | $0 | – | -79,041 | – | -1.99% | – | |
| DRE | Exit | DUKE REALTY CORP | $0 | – | -162,450 | – | -2.00% | – |
| PLD | Exit | Prologis, Inc. | $0 | – | -74,775 | – | -2.02% | – |
| TTE | Exit | TOTAL S Asponsored adr | $0 | – | -43,842 | – | -2.02% | – |
| DLR | Exit | DIGITAL RLTY TR INC | $0 | – | -48,900 | – | -2.18% | – |
| CSCO | Exit | CISCO SYS INC | $0 | – | -123,621 | – | -2.23% | – |
| ********** | Exit | HCP Inc. | $0 | – | -81,500 | – | -2.32% | – |
| XOM | Exit | EXXON MOBIL CORP | $0 | – | -34,445 | – | -2.32% | – |
| BK | Exit | Bank New York Mellon | $0 | – | -86,300 | – | -2.39% | – |
| BAX | Exit | BAXTER INTL INC | $0 | – | -46,800 | – | -2.40% | – |
| WM | Exit | WASTE MGMT INC DEL | $0 | – | -70,750 | – | -2.41% | – |
| HPQ | Exit | HEWLETT PACKARD CO | $0 | – | -95,800 | – | -2.43% | – |
| HCN | Exit | HEALTH CARE REIT INC | $0 | – | -54,725 | – | -2.44% | – |
| UPS | Exit | UNITED PARCEL SERVICE INCcl b | $0 | – | -34,825 | – | -2.45% | – |
| GE | Exit | GENERAL ELECTRIC CO | $0 | – | -133,669 | – | -2.45% | – |
| PEP | Exit | PEPSICO INC | $0 | – | -38,640 | – | -2.58% | – |
| CVX | Exit | CHEVRON CORP NEW | $0 | – | -31,532 | – | -2.69% | – |
| TRV | Exit | TRAVELERS COMPANIES INC | $0 | – | -40,250 | – | -2.71% | – |
| PFE | Exit | PFIZER INC | $0 | – | -130,967 | – | -2.77% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -65,980 | – | -2.85% | – |
| WMT | Exit | WAL-MART STORES INC | $0 | – | -52,025 | – | -2.85% | – |
| PG | Exit | PROCTER & GAMBLE CO | $0 | – | -47,700 | – | -2.86% | – |
| UL | Exit | UNILEVER PLCspon adr new | $0 | – | -97,355 | – | -2.92% | – |
| PRU | Exit | PRUDENTIAL FINL INC | $0 | – | -46,700 | – | -2.94% | – |
| IBM | Exit | INTERNATIONAL BUSINESS MACHS | $0 | – | -22,320 | – | -3.03% | – |
| NVS | Exit | NOVARTIS A Gsponsored adr | $0 | – | -45,350 | – | -3.06% | – |
| UTX | Exit | UNITED TECHNOLOGIES CORP | $0 | – | -41,075 | – | -3.11% | – |
| DD | Exit | DU PONT E I DE NEMOURS & CO | $0 | – | -63,875 | – | -3.28% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -101,745 | – | -3.38% | – |
| JNJ | Exit | JOHNSON & JOHNSON | $0 | – | -46,690 | – | -3.56% | – |
| MMM | Exit | 3M CO | $0 | – | -35,650 | – | -3.62% | – |
| STJ | Exit | ST JUDE MED INC | $0 | – | -86,050 | – | -3.70% | – |
| ITW | Exit | ILLINOIS TOOL WKS INC | $0 | – | -64,910 | – | -3.92% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITW | Sell | ILLINOIS TOOL WKS INC | $5,479,000 | -6.2% | 64,910 | -2.7% | 3.92% | +0.1% |
| STJ | Sell | ST JUDE MED INC | $5,174,000 | -14.4% | 86,050 | -1.4% | 3.70% | -8.7% |
| MMM | Sell | 3M CO | $5,050,000 | -7.0% | 35,650 | -5.9% | 3.62% | -0.8% |
| JNJ | Sell | JOHNSON & JOHNSON | $4,976,000 | -1.2% | 46,690 | -3.0% | 3.56% | +5.4% |
| MSFT | Sell | MICROSOFT CORP | $4,716,000 | -6.4% | 101,745 | -15.8% | 3.38% | -0.1% |
| DD | Sell | DU PONT E I DE NEMOURS & CO | $4,583,000 | +6.1% | 63,875 | -3.3% | 3.28% | +13.2% |
| UTX | Sell | UNITED TECHNOLOGIES CORP | $4,337,000 | -14.2% | 41,075 | -6.2% | 3.11% | -8.4% |
| NVS | Sell | NOVARTIS A Gsponsored adr | $4,268,000 | +2.1% | 45,350 | -1.8% | 3.06% | +8.8% |
| IBM | Sell | INTERNATIONAL BUSINESS MACHS | $4,237,000 | +0.9% | 22,320 | -3.7% | 3.03% | +7.6% |
| PRU | Sell | PRUDENTIAL FINL INC | $4,106,000 | -2.5% | 46,700 | -1.6% | 2.94% | +4.0% |
| UL | Sell | UNILEVER PLCspon adr new | $4,079,000 | -9.2% | 97,355 | -1.8% | 2.92% | -3.1% |
| PG | Sell | PROCTER & GAMBLE CO | $3,994,000 | +5.4% | 47,700 | -1.1% | 2.86% | +12.4% |
| WMT | Sell | WAL-MART STORES INC | $3,978,000 | -0.1% | 52,025 | -1.9% | 2.85% | +6.6% |
| JPM | Sell | JPMORGAN CHASE & CO | $3,974,000 | +2.7% | 65,980 | -1.7% | 2.85% | +9.6% |
| PFE | Sell | PFIZER INC | $3,872,000 | -1.6% | 130,967 | -1.2% | 2.77% | +5.0% |
| TRV | Sell | TRAVELERS COMPANIES INC | $3,781,000 | -1.8% | 40,250 | -1.7% | 2.71% | +4.7% |
| CVX | Sell | CHEVRON CORP NEW | $3,762,000 | -10.4% | 31,532 | -1.9% | 2.69% | -4.4% |
| PEP | Sell | PEPSICO INC | $3,596,000 | +2.5% | 38,640 | -1.7% | 2.58% | +9.3% |
| GE | Sell | GENERAL ELECTRIC CO | $3,424,000 | -3.8% | 133,669 | -1.3% | 2.45% | +2.6% |
| UPS | Sell | UNITED PARCEL SERVICE INCcl b | $3,422,000 | -6.3% | 34,825 | -2.2% | 2.45% | -0.1% |
| HCN | Sell | HEALTH CARE REIT INC | $3,413,000 | -2.0% | 54,725 | -1.5% | 2.44% | +4.5% |
| HPQ | Sell | HEWLETT PACKARD CO | $3,398,000 | +3.0% | 95,800 | -2.2% | 2.43% | +9.9% |
| WM | Sell | WASTE MGMT INC DEL | $3,362,000 | +4.6% | 70,750 | -1.5% | 2.41% | +11.6% |
| BAX | Sell | BAXTER INTL INC | $3,358,000 | -2.2% | 46,800 | -1.4% | 2.40% | +4.4% |
| BK | Sell | Bank New York Mellon | $3,342,000 | -1.1% | 86,300 | -4.3% | 2.39% | +5.5% |
| XOM | Sell | EXXON MOBIL CORP | $3,239,000 | -8.2% | 34,445 | -1.7% | 2.32% | -2.1% |
| ********** | Sell | HCP Inc. | $3,236,000 | -5.4% | 81,500 | -1.5% | 2.32% | +0.9% |
| CSCO | Sell | CISCO SYS INC | $3,111,000 | -0.7% | 123,621 | -1.9% | 2.23% | +5.9% |
| DLR | Sell | DIGITAL RLTY TR INC | $3,050,000 | +5.0% | 48,900 | -1.8% | 2.18% | +12.0% |
| TTE | Sell | TOTAL S Asponsored adr | $2,825,000 | -13.1% | 43,842 | -2.7% | 2.02% | -7.3% |
| PLD | Sell | Prologis, Inc. | $2,819,000 | -10.1% | 74,775 | -2.0% | 2.02% | -4.1% |
| DRE | Sell | DUKE REALTY CORP | $2,790,000 | -7.7% | 162,450 | -2.4% | 2.00% | -1.5% |
| Sell | AT&T Corp. | $2,785,000 | -1.7% | 79,041 | -1.3% | 1.99% | +4.9% | |
| HME | Sell | HOME PROPERTIES INC | $2,705,000 | -10.1% | 46,450 | -1.3% | 1.94% | -4.1% |
| LPT | Sell | LIBERTY PPTY TRsh ben int | $2,628,000 | -13.0% | 79,030 | -0.8% | 1.88% | -7.2% |
| MAS | Sell | MASCO CORP | $2,506,000 | +4.2% | 104,785 | -3.3% | 1.80% | +11.1% |
| GSK | Sell | GLAXOSMITHKLINE PLCsponsored adr | $2,503,000 | -3.6% | 54,450 | -1.5% | 1.79% | +2.8% |
| HPT | Sell | HOSPITALITY PPTYS TR | $2,105,000 | -12.8% | 78,400 | -1.3% | 1.51% | -7.0% |
| CLI | Sell | MACK CALI RLTY CORP | $1,662,000 | -13.6% | 87,000 | -2.9% | 1.19% | -7.9% |
| BKE | Exit | BUCKLE INC | $0 | – | -75,800 | – | -2.26% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| STJ | New | ST JUDE MED INC | $6,042,000 | – | 87,250 | – | 4.06% | – |
| ITW | New | ILLINOIS TOOL WKS INC | $5,841,000 | – | 66,710 | – | 3.92% | – |
| MMM | New | 3M CO | $5,428,000 | – | 37,900 | – | 3.64% | – |
| UTX | New | UNITED TECHNOLOGIES CORP | $5,053,000 | – | 43,775 | – | 3.39% | – |
| MSFT | New | MICROSOFT CORP | $5,036,000 | – | 120,775 | – | 3.38% | – |
| JNJ | New | JOHNSON & JOHNSON | $5,036,000 | – | 48,140 | – | 3.38% | – |
| UL | New | UNILEVER PLCspon adr new | $4,491,000 | – | 99,135 | – | 3.02% | – |
| DD | New | DU PONT E I DE NEMOURS & CO | $4,320,000 | – | 66,025 | – | 2.90% | – |
| PRU | New | PRUDENTIAL FINL INC | $4,212,000 | – | 47,450 | – | 2.83% | – |
| IBM | New | INTERNATIONAL BUSINESS MACHS | $4,200,000 | – | 23,170 | – | 2.82% | – |
| CVX | New | CHEVRON CORP NEW | $4,198,000 | – | 32,157 | – | 2.82% | – |
| NVS | New | NOVARTIS A Gsponsored adr | $4,182,000 | – | 46,200 | – | 2.81% | – |
| WMT | New | WAL-MART STORES INC | $3,980,000 | – | 53,025 | – | 2.67% | – |
| PFE | New | PFIZER INC | $3,936,000 | – | 132,617 | – | 2.64% | – |
| JPM | New | JPMORGAN CHASE & CO | $3,868,000 | – | 67,130 | – | 2.60% | – |
| TRV | New | TRAVELERS COMPANIES INC | $3,852,000 | – | 40,950 | – | 2.59% | – |
| PG | New | PROCTER & GAMBLE CO | $3,791,000 | – | 48,250 | – | 2.54% | – |
| UPS | New | UNITED PARCEL SERVICE INCcl b | $3,654,000 | – | 35,600 | – | 2.45% | – |
| GE | New | GENERAL ELECTRIC CO | $3,558,000 | – | 135,419 | – | 2.39% | – |
| XOM | New | EXXON MOBIL CORP | $3,528,000 | – | 35,045 | – | 2.37% | – |
| PEP | New | PEPSICO INC | $3,510,000 | – | 39,290 | – | 2.36% | – |
| HCN | New | HEALTH CARE REIT INC | $3,482,000 | – | 55,575 | – | 2.34% | – |
| BAX | New | BAXTER INTL INC | $3,432,000 | – | 47,475 | – | 2.30% | – |
| ********** | New | HCP Inc. | $3,422,000 | – | 82,700 | – | 2.30% | – |
| BK | New | Bank New York Mellon | $3,380,000 | – | 90,200 | – | 2.27% | – |
| BKE | New | BUCKLE INC | $3,362,000 | – | 75,800 | – | 2.26% | – |
| HPQ | New | HEWLETT PACKARD CO | $3,298,000 | – | 97,950 | – | 2.21% | – |
| TTE | New | TOTAL S Asponsored adr | $3,252,000 | – | 45,042 | – | 2.18% | – |
| WM | New | WASTE MGMT INC DEL | $3,213,000 | – | 71,850 | – | 2.16% | – |
| PLD | New | Prologis, Inc. | $3,136,000 | – | 76,325 | – | 2.10% | – |
| CSCO | New | CISCO SYS INC | $3,132,000 | – | 126,071 | – | 2.10% | – |
| DRE | New | DUKE REALTY CORP | $3,022,000 | – | 166,450 | – | 2.03% | – |
| LPT | New | LIBERTY PPTY TRsh ben int | $3,022,000 | – | 79,680 | – | 2.03% | – |
| HME | New | HOME PROPERTIES INC | $3,009,000 | – | 47,050 | – | 2.02% | – |
| DLR | New | DIGITAL RLTY TR INC | $2,904,000 | – | 49,800 | – | 1.95% | – |
| New | AT&T Corp. | $2,832,000 | – | 80,104 | – | 1.90% | – | |
| GSK | New | GLAXOSMITHKLINE PLCsponsored adr | $2,597,000 | – | 55,300 | – | 1.74% | – |
| HPT | New | HOSPITALITY PPTYS TR | $2,415,000 | – | 79,450 | – | 1.62% | – |
| MAS | New | MASCO CORP | $2,406,000 | – | 108,385 | – | 1.62% | – |
| CLI | New | MACK CALI RLTY CORP | $1,924,000 | – | 89,600 | – | 1.29% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CLI | Exit | Mack-Cali Realty Corp. | $0 | – | -86,900 | – | -1.61% | – |
| HPQ | Exit | Hewlett Packard | $0 | – | -93,900 | – | -1.67% | – |
| MAS | Exit | Masco Corp. | $0 | – | -101,635 | – | -1.83% | – |
| HPT | Exit | Hospitality Properties Trust | $0 | – | -77,700 | – | -1.86% | – |
| DLR | Exit | Digital Realty Trust | $0 | – | -45,250 | – | -2.03% | – |
| DRE | Exit | Duke-Weeks Realty Corp. | $0 | – | -158,750 | – | -2.08% | – |
| HME | Exit | Home Properties Inc. | $0 | – | -44,800 | – | -2.19% | – |
| LPT | Exit | Liberty Property Trust | $0 | – | -74,730 | – | -2.25% | – |
| ABM | Exit | ABM Industries Inc. | $0 | – | -103,970 | – | -2.34% | – |
| WM | Exit | Waste Management Inc. | $0 | – | -69,400 | – | -2.42% | – |
| XOM | Exit | Exxon Mobil Corp. | $0 | – | -33,430 | – | -2.43% | – |
| BAX | Exit | Baxter International Inc. | $0 | – | -44,400 | – | -2.47% | – |
| PEP | Exit | Pepsico Inc. | $0 | – | -38,500 | – | -2.59% | – |
| COH | Exit | Coach Inc Com | $0 | – | -57,550 | – | -2.66% | – |
| GE | Exit | General Electric | $0 | – | -132,294 | – | -2.68% | – |
| UPS | Exit | United Parcel Service | $0 | – | -34,925 | – | -2.70% | – |
| JPM | Exit | J P Morgan Chase & Co Com | $0 | – | -65,150 | – | -2.85% | – |
| TIF | Exit | Tiffany & Co New | $0 | – | -44,800 | – | -2.91% | – |
| NVS | Exit | Novartis AG | $0 | – | -45,000 | – | -2.92% | – |
| HCN | Exit | Health Care Reit Inc. | $0 | – | -55,675 | – | -2.94% | – |
| PG | Exit | Procter & Gamble Co. | $0 | – | -47,225 | – | -3.02% | – |
| PRU | Exit | Prudential Financial Inc | $0 | – | -46,850 | – | -3.09% | – |
| PFE | Exit | Pfizer Inc. | $0 | – | -129,417 | – | -3.15% | – |
| CVX | Exit | Chevron Corp. | $0 | – | -31,160 | – | -3.20% | – |
| DD | Exit | Du Pont E I De Nemours | $0 | – | -64,700 | – | -3.21% | – |
| WMT | Exit | Wal-Mart Stores Inc. | $0 | – | -51,475 | – | -3.22% | – |
| UL | Exit | Unilever Plc. | $0 | – | -99,525 | – | -3.25% | – |
| BKE | Exit | Buckle Inc. | $0 | – | -72,550 | – | -3.32% | – |
| IBM | Exit | International Bus Mach | $0 | – | -22,445 | – | -3.52% | – |
| JNJ | Exit | Johnson & Johnson | $0 | – | -48,130 | – | -3.53% | – |
| MMM | Exit | 3M Company | $0 | – | -38,050 | – | -3.84% | – |
| MSFT | Exit | Microsoft Corp. | $0 | – | -136,980 | – | -3.86% | – |
| STJ | Exit | St Jude Med Inc Com | $0 | – | -87,550 | – | -3.98% | – |
| UTX | Exit | United Technologies Corp. | $0 | – | -43,835 | – | -4.00% | – |
| ITW | Exit | Illinois Tool Works | $0 | – | -67,760 | – | -4.37% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ITW | Sell | Illinois Tool Works | $5,168,000 | +9.6% | 67,760 | -0.6% | 4.37% | +28.6% |
| UTX | Sell | United Technologies Corp. | $4,726,000 | +15.2% | 43,835 | -0.7% | 4.00% | +35.2% |
| STJ | Sell | St Jude Med Inc Com | $4,696,000 | +16.8% | 87,550 | -0.6% | 3.98% | +37.2% |
| MSFT | Sell | Microsoft Corp. | $4,559,000 | -4.1% | 136,980 | -0.4% | 3.86% | +12.6% |
| MMM | Sell | 3M Company | $4,543,000 | +8.9% | 38,050 | -0.3% | 3.84% | +27.8% |
| JNJ | Sell | Johnson & Johnson | $4,172,000 | -0.1% | 48,130 | -1.0% | 3.53% | +17.3% |
| IBM | Sell | International Bus Mach | $4,156,000 | -3.6% | 22,445 | -0.4% | 3.52% | +13.2% |
| BKE | Sell | Buckle Inc. | $3,921,000 | +3.2% | 72,550 | -0.7% | 3.32% | +21.1% |
| UL | Sell | Unilever Plc. | $3,840,000 | -5.1% | 99,525 | -0.5% | 3.25% | +11.4% |
| WMT | Sell | Wal-Mart Stores Inc. | $3,807,000 | -1.6% | 51,475 | -0.9% | 3.22% | +15.5% |
| DD | Sell | Du Pont E I De Nemours | $3,789,000 | +10.9% | 64,700 | -0.6% | 3.21% | +30.2% |
| CVX | Sell | Chevron Corp. | $3,786,000 | +2.4% | 31,160 | -0.3% | 3.20% | +20.2% |
| PFE | Sell | Pfizer Inc. | $3,717,000 | +1.8% | 129,417 | -0.8% | 3.15% | +19.4% |
| PRU | Sell | Prudential Financial Inc | $3,653,000 | +6.0% | 46,850 | -0.7% | 3.09% | +24.4% |
| PG | Sell | Procter & Gamble Co. | $3,570,000 | -2.6% | 47,225 | -0.8% | 3.02% | +14.3% |
| HCN | Sell | Health Care Reit Inc. | $3,473,000 | -7.5% | 55,675 | -0.6% | 2.94% | +8.6% |
| NVS | Sell | Novartis AG | $3,452,000 | +7.8% | 45,000 | -0.7% | 2.92% | +26.5% |
| TIF | Sell | Tiffany & Co New | $3,433,000 | +4.3% | 44,800 | -0.9% | 2.91% | +22.4% |
| JPM | Sell | J P Morgan Chase & Co Com | $3,368,000 | -2.7% | 65,150 | -0.7% | 2.85% | +14.2% |
| UPS | Sell | United Parcel Service | $3,191,000 | +5.3% | 34,925 | -0.3% | 2.70% | +23.7% |
| GE | Sell | General Electric | $3,160,000 | +2.2% | 132,294 | -0.8% | 2.68% | +20.0% |
| COH | Sell | Coach Inc Com | $3,138,000 | -5.1% | 57,550 | -0.6% | 2.66% | +11.4% |
| PEP | Sell | Pepsico Inc. | $3,061,000 | -3.3% | 38,500 | -0.5% | 2.59% | +13.5% |
| BAX | Sell | Baxter International Inc. | $2,917,000 | -5.8% | 44,400 | -0.7% | 2.47% | +10.6% |
| XOM | Sell | Exxon Mobil Corp. | $2,876,000 | -5.6% | 33,430 | -0.9% | 2.43% | +10.7% |
| WM | Sell | Waste Management Inc. | $2,862,000 | +1.7% | 69,400 | -0.6% | 2.42% | +19.4% |
| ABM | Sell | ABM Industries Inc. | $2,767,000 | +8.0% | 103,970 | -0.6% | 2.34% | +26.7% |
| LPT | Sell | Liberty Property Trust | $2,660,000 | -4.2% | 74,730 | -0.5% | 2.25% | +12.5% |
| HME | Sell | Home Properties Inc. | $2,587,000 | -12.3% | 44,800 | -0.8% | 2.19% | +2.9% |
| DRE | Sell | Duke-Weeks Realty Corp. | $2,451,000 | -1.3% | 158,750 | -0.3% | 2.08% | +15.9% |
| DLR | Sell | Digital Realty Trust | $2,403,000 | -13.6% | 45,250 | -0.8% | 2.03% | +1.4% |
| HPT | Sell | Hospitality Properties Trust | $2,199,000 | +7.3% | 77,700 | -0.4% | 1.86% | +25.9% |
| MAS | Sell | Masco Corp. | $2,163,000 | +8.9% | 101,635 | -0.3% | 1.83% | +27.8% |
| HPQ | Sell | Hewlett Packard | $1,970,000 | -16.0% | 93,900 | -0.6% | 1.67% | -1.3% |
| CLI | Sell | Mack-Cali Realty Corp. | $1,906,000 | -10.8% | 86,900 | -0.3% | 1.61% | +4.7% |
| SBUX | Exit | Starbucks Corp. | $0 | – | -3,500 | – | -0.16% | – |
| TTE | Exit | Total SA | $0 | – | -43,025 | – | -1.51% | – |
| BK | Exit | Bank New York Mellon | $0 | – | -88,650 | – | -1.79% | – |
| Exit | AT&T Corp. | $0 | – | -77,490 | – | -1.98% | – | |
| PLD | Exit | Prologis Inc. | $0 | – | -75,825 | – | -2.06% | – |
| TRV | Exit | Travelers Companies Inc | $0 | – | -40,350 | – | -2.32% | – |
| ********** | Exit | HCP Inc. | $0 | – | -79,450 | – | -2.60% | – |
| RHHBY | Exit | Roche Holding AG | $0 | – | -68,930 | – | -3.07% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| MSFT | New | Microsoft Corp. | $4,753,000 | – | 137,580 | – | 3.43% | – |
| ITW | New | Illinois Tool Works | $4,715,000 | – | 68,160 | – | 3.40% | – |
| IBM | New | International Bus Mach | $4,309,000 | – | 22,545 | – | 3.11% | – |
| RHHBY | New | Roche Holding AG | $4,264,000 | – | 68,930 | – | 3.07% | – |
| JNJ | New | Johnson & Johnson | $4,175,000 | – | 48,630 | – | 3.01% | – |
| MMM | New | 3M Company | $4,172,000 | – | 38,150 | – | 3.01% | – |
| UTX | New | United Technologies Corp. | $4,102,000 | – | 44,135 | – | 2.96% | – |
| UL | New | Unilever Plc. | $4,046,000 | – | 100,025 | – | 2.92% | – |
| STJ | New | St Jude Med Inc Com | $4,020,000 | – | 88,100 | – | 2.90% | – |
| WMT | New | Wal-Mart Stores Inc. | $3,868,000 | – | 51,925 | – | 2.79% | – |
| BKE | New | Buckle Inc. | $3,800,000 | – | 73,050 | – | 2.74% | – |
| HCN | New | Health Care Reit Inc. | $3,755,000 | – | 56,025 | – | 2.71% | – |
| CVX | New | Chevron Corp. | $3,699,000 | – | 31,260 | – | 2.67% | – |
| PG | New | Procter & Gamble Co. | $3,667,000 | – | 47,625 | – | 2.64% | – |
| PFE | New | Pfizer Inc. | $3,653,000 | – | 130,417 | – | 2.63% | – |
| ********** | New | HCP Inc. | $3,610,000 | – | 79,450 | – | 2.60% | – |
| JPM | New | J P Morgan Chase & Co Com | $3,463,000 | – | 65,600 | – | 2.50% | – |
| PRU | New | Prudential Financial Inc | $3,447,000 | – | 47,200 | – | 2.48% | – |
| DD | New | Du Pont E I De Nemours | $3,418,000 | – | 65,100 | – | 2.46% | – |
| COH | New | Coach Inc Com | $3,306,000 | – | 57,900 | – | 2.38% | – |
| TIF | New | Tiffany & Co New | $3,292,000 | – | 45,200 | – | 2.37% | – |
| TRV | New | Travelers Companies Inc | $3,225,000 | – | 40,350 | – | 2.32% | – |
| NVS | New | Novartis AG | $3,203,000 | – | 45,300 | – | 2.31% | – |
| PEP | New | Pepsico Inc. | $3,165,000 | – | 38,700 | – | 2.28% | – |
| BAX | New | Baxter International Inc. | $3,096,000 | – | 44,700 | – | 2.23% | – |
| GE | New | General Electric | $3,091,000 | – | 133,294 | – | 2.23% | – |
| XOM | New | Exxon Mobil Corp. | $3,048,000 | – | 33,730 | – | 2.20% | – |
| UPS | New | United Parcel Service | $3,029,000 | – | 35,025 | – | 2.18% | – |
| HME | New | Home Properties Inc. | $2,951,000 | – | 45,150 | – | 2.13% | – |
| PLD | New | Prologis Inc. | $2,860,000 | – | 75,825 | – | 2.06% | – |
| WM | New | Waste Management Inc. | $2,815,000 | – | 69,800 | – | 2.03% | – |
| DLR | New | Digital Realty Trust | $2,782,000 | – | 45,600 | – | 2.01% | – |
| LPT | New | Liberty Property Trust | $2,777,000 | – | 75,130 | – | 2.00% | – |
| New | AT&T Corp. | $2,743,000 | – | 77,490 | – | 1.98% | – | |
| ABM | New | ABM Industries Inc. | $2,563,000 | – | 104,570 | – | 1.85% | – |
| BK | New | Bank New York Mellon | $2,487,000 | – | 88,650 | – | 1.79% | – |
| DRE | New | Duke-Weeks Realty Corp. | $2,483,000 | – | 159,250 | – | 1.79% | – |
| HPQ | New | Hewlett Packard | $2,344,000 | – | 94,500 | – | 1.69% | – |
| CLI | New | Mack-Cali Realty Corp. | $2,136,000 | – | 87,200 | – | 1.54% | – |
| TTE | New | Total SA | $2,095,000 | – | 43,025 | – | 1.51% | – |
| HPT | New | Hospitality Properties Trust | $2,050,000 | – | 78,000 | – | 1.48% | – |
| MAS | New | Masco Corp. | $1,987,000 | – | 101,935 | – | 1.43% | – |
| SBUX | New | Starbucks Corp. | $229,000 | – | 3,500 | – | 0.16% | – |