Instuitional Investor - Farmer Steven Patrick

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Pepsico Inc	PEP	1,043,843	$173,967,000	2.71%
2.	Progressive Corp	PGR	1,351,949	$157,191,000	2.44%
3.	Diageo Plc	DEO	876,066	$152,541,000	2.37%
4.	Paychex Inc	PAYX	1,285,261	$146,353,000	2.28%
5.	Lockheed Martin Corp	LMT	327,065	$140,625,000	2.19%