The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 19,575 91,100 SH   SOLE   91,100 0 0
ABBOTT LABS COM 002824100 41,699 529,300 SH   SOLE   529,300 0 0
ABBVIE INC COM 00287Y109 15,345 183,400 SH   SOLE   183,400 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 43,862 246,700 SH   SOLE   246,700 0 0
ADOBE INC COM 00724F101 44,044 164,750 SH   SOLE   164,750 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 34,360 421,600 SH   SOLE   421,600 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 75,070 532,000 SH   SOLE   532,000 0 0
ALIGN TECHNOLOGY INC COM 016255101 20,558 69,100 SH   SOLE   69,100 0 0
ALLERGAN PLC SHS G0177J108 57,153 379,500 SH   SOLE   379,500 0 0
ALPHABET INC CAP STK CL C 02079K107 224,352 185,562 SH   SOLE   185,562 0 0
ALPHABET INC CAP STK CL A 02079K305 106,740 88,000 SH   SOLE   88,000 0 0
ALTRIA GROUP INC COM 02209S103 61,990 1,136,600 SH   SOLE   1,136,600 0 0
AMAZON COM INC COM 023135106 320,997 175,450 SH   SOLE   175,450 0 0
AMERICAN TOWER CORP NEW COM 03027X100 65,549 337,600 SH   SOLE   337,600 0 0
ANADARKO PETE CORP COM 032511107 25,324 538,700 SH   SOLE   538,700 0 0
ANTHEM INC COM 036752103 3,087 10,600 SH   SOLE   10,600 0 0
APPLE INC COM 037833100 278,401 1,416,800 SH   SOLE   1,416,800 0 0
APPLIED MATLS INC COM 038222105 11,281 263,200 SH   SOLE   263,200 0 0
AT&T INC COM 00206R102 91,297 2,838,824 SH   SOLE   2,838,824 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 12,624 79,000 SH   SOLE   79,000 0 0
BANK AMER CORP COM 060505104 121,934 4,185,862 SH   SOLE   4,185,862 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 136,793 666,600 SH   SOLE   666,600 0 0
BIOGEN INC COM 09062X103 16,964 70,100 SH   SOLE   70,100 0 0
BOEING CO COM 097023105 57,308 146,000 SH   SOLE   146,000 0 0
BOOKING HLDGS INC COM 09857L108 49,411 27,730 SH   SOLE   27,730 0 0
BP PLC SPONSORED ADR 055622104 16,703 375,600 SH   SOLE   375,600 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 26,953 575,177 SH   SOLE   575,177 0 0
BROADCOM INC COM 11135F101 83,494 274,788 SH   SOLE   274,788 0 0
CATERPILLAR INC DEL COM 149123101 64,203 456,800 SH   SOLE   456,800 0 0
CELGENE CORP COM 151020104 46,538 490,500 SH   SOLE   490,500 0 0
CHEVRON CORP NEW COM 166764100 115,341 913,300 SH   SOLE   913,300 0 0
CISCO SYS INC COM 17275R102 71,457 1,291,700 SH   SOLE   1,291,700 0 0
CITIGROUP INC COM NEW 172967424 86,616 1,321,368 SH   SOLE   1,321,368 0 0
COCA COLA CO COM 191216100 65,264 1,409,300 SH   SOLE   1,409,300 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 84,286 1,139,000 SH   SOLE   1,139,000 0 0
COLGATE PALMOLIVE CO COM 194162103 19,894 294,200 SH   SOLE   294,200 0 0
COMCAST CORP NEW CL A 20030N101 111,803 2,759,900 SH   SOLE   2,759,900 0 0
COSTCO WHSL CORP NEW COM 22160K105 15,194 61,700 SH   SOLE   61,700 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 50,250 391,624 SH   SOLE   391,624 0 0
CVS HEALTH CORP COM 126650100 53,954 996,388 SH   SOLE   996,388 0 0
DEERE & CO COM 244199105 20,947 127,000 SH   SOLE   127,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 13,245 415,200 SH   SOLE   415,200 0 0
DISNEY WALT CO COM DISNEY 254687106 41,901 365,911 SH   SOLE   365,911 0 0
DOW INC COM 260557103 28,762 509,615 SH   SOLE   509,615 0 0
DOWDUPONT INC COM 26078J100 58,219 1,528,859 SH   SOLE   1,528,859 0 0
EATON CORP PLC SHS G29183103 66,508 799,956 SH   SOLE   799,956 0 0
ECOLAB INC COM 278865100 16,608 91,800 SH   SOLE   91,800 0 0
EXXON MOBIL CORP COM 30231G102 135,154 1,643,205 SH   SOLE   1,643,205 0 0
FACEBOOK INC CL A 30303M102 185,884 1,059,900 SH   SOLE   1,059,900 0 0
FEDEX CORP COM 31428X106 64,653 340,400 SH   SOLE   340,400 0 0
FLEX LTD ORD Y2573F102 34,738 3,178,300 SH   SOLE   3,178,300 0 0
FOX CORP CL A COM 35137L105 25,999 696,464 SH   SOLE   696,464 0 0
GENERAL ELECTRIC CO COM 369604103 41,925 4,188,250 SH   SOLE   4,188,250 0 0
GENERAL MTRS CO COM 37045V100 20,325 522,600 SH   SOLE   522,600 0 0
GILEAD SCIENCES INC COM 375558103 62,986 930,500 SH   SOLE   930,500 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 82,033 404,900 SH   SOLE   404,900 0 0
HESS CORP COM 42809H107 25,252 403,200 SH   SOLE   403,200 0 0
HOME DEPOT INC COM 437076102 119,557 590,400 SH   SOLE   590,400 0 0
HONEYWELL INTL INC COM 438516106 60,710 375,100 SH   SOLE   375,100 0 0
HUMANA INC COM 444859102 1,749 6,400 SH   SOLE   6,400 0 0
INTEL CORP COM 458140100 30,669 553,800 SH   SOLE   553,800 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 11,058 77,300 SH   SOLE   77,300 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 15,498 27,000 SH   SOLE   27,000 0 0
ISHARES INC MSCI AUST ETF 464286103 43,558 2,025,000 SH   SOLE   2,025,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 72,701 1,640,000 SH   SOLE   1,640,000 0 0
ISHARES TR MSCI ACWI EX US 464288240 257,211 5,439,000 SH   SOLE   5,439,000 0 0
JOHNSON & JOHNSON COM 478160104 127,320 936,800 SH   SOLE   936,800 0 0
JPMORGAN CHASE & CO COM 46625H100 158,442 1,503,950 SH   SOLE   1,503,950 0 0
LENNAR CORP CL A 526057104 15,298 297,800 SH   SOLE   297,800 0 0
LOWES COS INC COM 548661107 50,357 439,000 SH   SOLE   439,000 0 0
MASTERCARD INC CL A 57636Q104 67,592 285,600 SH   SOLE   285,600 0 0
MCDONALDS CORP COM 580135101 47,663 249,900 SH   SOLE   249,900 0 0
MEDTRONIC PLC SHS G5960L103 115,923 998,340 SH   SOLE   998,340 0 0
MERCK & CO INC COM 58933Y105 104,058 1,276,936 SH   SOLE   1,276,936 0 0
MICROSOFT CORP COM 594918104 336,881 2,812,500 SH   SOLE   2,812,500 0 0
MONDELEZ INTL INC CL A 609207105 50,942 1,028,500 SH   SOLE   1,028,500 0 0
MORGAN STANLEY COM NEW 617446448 51,237 1,141,400 SH   SOLE   1,141,400 0 0
NETFLIX INC COM 64110L106 33,722 92,100 SH   SOLE   92,100 0 0
NIKE INC CL B 654106103 33,524 393,700 SH   SOLE   393,700 0 0
NORTHROP GRUMMAN CORP COM 666807102 49,357 180,100 SH   SOLE   180,100 0 0
NVIDIA CORP COM 67066G104 29,218 153,000 SH   SOLE   153,000 0 0
ORACLE CORP COM 68389X105 87,497 1,620,620 SH   SOLE   1,620,620 0 0
PAYPAL HLDGS INC COM 70450Y103 30,140 285,800 SH   SOLE   285,800 0 0
PEPSICO INC COM 713448108 94,931 783,200 SH   SOLE   783,200 0 0
PFIZER INC COM 717081103 77,504 1,798,251 SH   SOLE   1,798,251 0 0
PHILIP MORRIS INTL INC COM 718172109 57,671 677,200 SH   SOLE   677,200 0 0
PIONEER NAT RES CO COM 723787107 42,393 282,800 SH   SOLE   282,800 0 0
PNC FINL SVCS GROUP INC COM 693475105 27,703 216,400 SH   SOLE   216,400 0 0
PROCTER AND GAMBLE CO COM 742718109 108,314 1,048,537 SH   SOLE   1,048,537 0 0
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 40,335 681,700 SH   SOLE   681,700 0 0
QUALCOMM INC COM 747525103 70,472 1,214,200 SH   SOLE   1,214,200 0 0
RAYTHEON CO COM NEW 755111507 20,262 114,500 SH   SOLE   114,500 0 0
SALESFORCE COM INC COM 79466L302 9,314 58,600 SH   SOLE   58,600 0 0
SCHLUMBERGER LTD COM 806857108 63,030 1,394,447 SH   SOLE   1,394,447 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2,754 49,700 SH   SOLE   49,700 0 0
SIMON PPTY GROUP INC NEW COM 828806109 61,995 335,891 SH   SOLE   335,891 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 25,794 89,500 SH   SOLE   89,500 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 27,525 510,400 SH   SOLE   510,400 0 0
SPDR SERIES TRUST S&P INS ETF 78464A789 111,962 3,548,700 SH   SOLE   3,548,700 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 24,320 271,100 SH   SOLE   271,100 0 0
STARBUCKS CORP COM 855244109 22,178 295,900 SH   SOLE   295,900 0 0
SUNOPTA INC COM 8676EP108 9,173 2,576,700 SH   SOLE   2,576,700 0 0
TEXAS INSTRS INC COM 882508104 36,865 324,400 SH   SOLE   324,400 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 45,321 164,300 SH   SOLE   164,300 0 0
TJX COS INC NEW COM 872540109 63,568 1,170,900 SH   SOLE   1,170,900 0 0
ULTA BEAUTY INC COM 90384S303 30,172 85,800 SH   SOLE   85,800 0 0
UNION PACIFIC CORP COM 907818108 63,155 373,479 SH   SOLE   373,479 0 0
UNITED CONTL HLDGS INC COM 910047109 26,959 315,900 SH   SOLE   315,900 0 0
UNITED PARCEL SERVICE INC CL B 911312106 59,099 515,700 SH   SOLE   515,700 0 0
UNITED TECHNOLOGIES CORP COM 913017109 77,325 580,652 SH   SOLE   580,652 0 0
UNITEDHEALTH GROUP INC COM 91324P102 93,989 380,000 SH   SOLE   380,000 0 0
US BANCORP DEL COM NEW 902973304 48,079 967,800 SH   SOLE   967,800 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 39,986 376,300 SH   SOLE   376,300 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 294,860 5,750,000 SH   SOLE   5,750,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 74,596 1,703,100 SH   SOLE   1,703,100 0 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 95,027 1,420,000 SH   SOLE   1,420,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 112,291 2,045,000 SH   SOLE   2,045,000 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 130,771 1,018,000 SH   SOLE   1,018,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 92,934 1,575,966 SH   SOLE   1,575,966 0 0
VISA INC COM CL A 92826C839 124,826 791,200 SH   SOLE   791,200 0 0
WABTEC CORP COM 929740108 1,717 22,439 SH   SOLE   22,439 0 0
WALMART INC COM 931142103 66,685 673,792 SH   SOLE   673,792 0 0
WELLS FARGO CO NEW COM 949746101 101,258 2,072,439 SH   SOLE   2,072,439 0 0
WELLTOWER INC COM 95040Q104 37,133 485,400 SH   SOLE   485,400 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 15,689 372,300 SH   SOLE   372,300 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 19,513 378,600 SH   SOLE   378,600 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 44,244 348,600 SH   SOLE   348,600 0 0