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        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
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        <OfficerDirTrstKeyEmplGrp>
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          <RecipientBusinessName>
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        <GrantOrContributionPdDurYrGrp>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientUSAddress>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROARING FORK CONSERVANCY</BusinessNameLine1Txt>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ASU FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>800 SOUTH CADY MALL</AddressLine1Txt>
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            <StateAbbreviationCd>AZ</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>WOMEN &amp; PHILANTHROPY PROGRAM</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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            <StateAbbreviationCd>AZ</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DEANS CREATIVITY COUNCIL</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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            <CityNm>TEMPE</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VALLEY VIEW FOUNDATION</BusinessNameLine1Txt>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DESERT BOTANICAL GARDEN</BusinessNameLine1Txt>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VINCERE FOUNDATION</BusinessNameLine1Txt>
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            <StateAbbreviationCd>AZ</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GIFFORDS LAW CENTER TO PREVENT GUN VIOLENCE</BusinessNameLine1Txt>
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            <CityNm>SAN FRANCISCO</CityNm>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HENRY STREET SETTLEMENT</BusinessNameLine1Txt>
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            <CityNm>NEW YORK</CityNm>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INTERNATIONAL RESCUE COMMITTEE</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MONTEREY BAY AQUARIUM</BusinessNameLine1Txt>
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            <CityNm>MONTEREY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>WHITE SHARK RESEARCH PROGRAM</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI</BusinessNameLine1Txt>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ONCOLOGY RESEARCH</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OBAMA FOUNDATION</BusinessNameLine1Txt>
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            <StateAbbreviationCd>IL</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEAN CLEANUP NORTH PACIFIC FOUNDATION</BusinessNameLine1Txt>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
        <StockNm>1500 SH PRUDENTIAL FINANCIAL</StockNm>
        <EOYBookValueAmt>191197</EOYBookValueAmt>
        <EOYFMVAmt>207420</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>2800 SH QUALCOMM INC</StockNm>
        <EOYBookValueAmt>141991</EOYBookValueAmt>
        <EOYFMVAmt>404964</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>400 SH THERMO FISHER SCIENTIFIC</StockNm>
        <EOYBookValueAmt>14118</EOYBookValueAmt>
        <EOYFMVAmt>212316</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 SH US BANCORP</StockNm>
        <EOYBookValueAmt>91027</EOYBookValueAmt>
        <EOYFMVAmt>86560</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 SH VISA INC</StockNm>
        <EOYBookValueAmt>18095</EOYBookValueAmt>
        <EOYFMVAmt>260350</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 SH JPMORGAN CHASE</StockNm>
        <EOYBookValueAmt>98375</EOYBookValueAmt>
        <EOYFMVAmt>170100</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 SH MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>86214</EOYBookValueAmt>
        <EOYFMVAmt>186500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 SH ORACLE</StockNm>
        <EOYBookValueAmt>96467</EOYBookValueAmt>
        <EOYFMVAmt>210860</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1400 SH REINSURANCE GROUP AMERICA</StockNm>
        <EOYBookValueAmt>196739</EOYBookValueAmt>
        <EOYFMVAmt>226492</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1800 SH XPO LOGISTICS</StockNm>
        <EOYBookValueAmt>55704</EOYBookValueAmt>
        <EOYFMVAmt>157662</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>5000 KIMCO REALTY CORP</StockNm>
        <EOYBookValueAmt>90071</EOYBookValueAmt>
        <EOYFMVAmt>106550</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 SH WALT DISNEY CO</StockNm>
        <EOYBookValueAmt>106555</EOYBookValueAmt>
        <EOYFMVAmt>72232</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 SH ZIMMER BIOMET HOLDINGS</StockNm>
        <EOYBookValueAmt>143339</EOYBookValueAmt>
        <EOYFMVAmt>146040</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 SH AMERICAN TOWER</StockNm>
        <EOYBookValueAmt>137796</EOYBookValueAmt>
        <EOYFMVAmt>129528</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>5000 SH AES CORP</StockNm>
        <EOYBookValueAmt>87359</EOYBookValueAmt>
        <EOYFMVAmt>96250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 SH CONSTELLATION BRANDS INC</StockNm>
        <EOYBookValueAmt>129807</EOYBookValueAmt>
        <EOYFMVAmt>145050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>8000 SH ELANCO ANIMAL HEALTH</StockNm>
        <EOYBookValueAmt>174976</EOYBookValueAmt>
        <EOYFMVAmt>119200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3000 SH INGERSOLL RAND</StockNm>
        <EOYBookValueAmt>99993</EOYBookValueAmt>
        <EOYFMVAmt>232020</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1400 SH INTERNATIONAL FAVORS &amp; FRAGRANCES</StockNm>
        <EOYBookValueAmt>148091</EOYBookValueAmt>
        <EOYFMVAmt>113358</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>250 SH TRANSDIGM GROUP</StockNm>
        <EOYBookValueAmt>148316</EOYBookValueAmt>
        <EOYFMVAmt>252900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 SH ALIBABA GROUP</StockNm>
        <EOYBookValueAmt>146373</EOYBookValueAmt>
        <EOYFMVAmt>62008</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>5000 SH APA CORPORATION</StockNm>
        <EOYBookValueAmt>26981</EOYBookValueAmt>
        <EOYFMVAmt>107640</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1500 SH GENERAL ELECTRIC CO</StockNm>
        <EOYBookValueAmt>122693</EOYBookValueAmt>
        <EOYFMVAmt>191445</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1500 SH TENCENT HOLDINGS LIMITED</StockNm>
        <EOYBookValueAmt>116325</EOYBookValueAmt>
        <EOYFMVAmt>56685</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 SH ANHEUSER BUSCH</StockNm>
        <EOYBookValueAmt>97577</EOYBookValueAmt>
        <EOYFMVAmt>129240</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>350 SH CHARTER COMMUNICATIONS</StockNm>
        <EOYBookValueAmt>139258</EOYBookValueAmt>
        <EOYFMVAmt>136038</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3500 SH FREEPORT-MCMORAN</StockNm>
        <EOYBookValueAmt>104108</EOYBookValueAmt>
        <EOYFMVAmt>148995</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3200 SH GSK PLC</StockNm>
        <EOYBookValueAmt>147240</EOYBookValueAmt>
        <EOYFMVAmt>118592</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>8000 SH HALEON PLC</StockNm>
        <EOYBookValueAmt>59810</EOYBookValueAmt>
        <EOYFMVAmt>65840</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1500 SH LAMB WESTON HLDGS</StockNm>
        <EOYBookValueAmt>99428</EOYBookValueAmt>
        <EOYFMVAmt>162135</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 SH MODERNA</StockNm>
        <EOYBookValueAmt>106392</EOYBookValueAmt>
        <EOYFMVAmt>79560</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>5000 SH RXO INC</StockNm>
        <EOYBookValueAmt>98665</EOYBookValueAmt>
        <EOYFMVAmt>116300</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>8000 SH STEELCASE INC</StockNm>
        <EOYBookValueAmt>96256</EOYBookValueAmt>
        <EOYFMVAmt>108160</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>700 SH CHUBB LIMITED</StockNm>
        <EOYBookValueAmt>107187</EOYBookValueAmt>
        <EOYFMVAmt>158200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 SH ALCOA CORP</StockNm>
        <EOYBookValueAmt>71290</EOYBookValueAmt>
        <EOYFMVAmt>68000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4000 SH CLEVELAND-CLIFFS INC</StockNm>
        <EOYBookValueAmt>65836</EOYBookValueAmt>
        <EOYFMVAmt>81680</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 SH CVS HEALTH CORPORATION</StockNm>
        <EOYBookValueAmt>168500</EOYBookValueAmt>
        <EOYFMVAmt>157920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 SH GE HEALTHCARE TECHNOLOGIES</StockNm>
        <EOYBookValueAmt>74742</EOYBookValueAmt>
        <EOYFMVAmt>77320</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>300 SH VERALTO CORP</StockNm>
        <EOYBookValueAmt>7990</EOYBookValueAmt>
        <EOYFMVAmt>24678</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>700 SH SIMON PROPERTY GROUP INC</StockNm>
        <EOYBookValueAmt>108939</EOYBookValueAmt>
        <EOYFMVAmt>99848</EOYFMVAmt>
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    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT ADVISORY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>48501</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>48501</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>SETTLEMENT PROCEEDS</Desc>
        <RevenueAndExpensesPerBooksAmt>658</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>658</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>658</AdjustedNetIncomeAmt>
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    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>1884</Amt>
        <NetInvestmentIncomeAmt>1884</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>12000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    </TaxesSchedule>
  </ReturnData>
</Return>
