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
AIR PRODS & CHEMS INC COM 009158106 21,622 92,013 SH   DFND 2,3,5 92,013 0 0
AIR PRODS & CHEMS INC COM 009158106 60,593 257,855 SH   DFND 4,5 257,855 0 0
ALPHABET INC CAP STK CL A 02079K305 44,868 33,499 SH   DFND 2,3,5 33,499 0 0
ALPHABET INC CAP STK CL A 02079K305 126,625 94,539 SH   DFND 4,5 94,539 0 0
AMAZON COM INC COM 023135106 12,953 7,010 SH   DFND 2,3,5 7,010 0 0
AMAZON COM INC COM 023135106 36,373 19,684 SH   DFND 4,5 19,684 0 0
APPLE INC COM 037833100 13,914 47,383 SH   DFND 2,3,5 47,383 0 0
APPLE INC COM 037833100 30,685 104,494 SH   DFND 3,5 104,494 0 0
APPLE INC COM 037833100 38,504 131,123 SH   DFND 4,5 131,123 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 17,772 320,554 SH   DFND 2,3,5 320,554 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 56,518 1,019,446 SH   DFND 4,5 1,019,446 0 0
CIGNA CORP NEW COM 125523100 20,007 97,840 SH   DFND 2,3,5 97,840 0 0
CIGNA CORP NEW COM 125523100 53,458 261,421 SH   DFND 4,5 261,421 0 0
COMCAST CORP NEW CL A 20030N101 33,280 740,040 SH   DFND 2,3,5 740,040 0 0
COMCAST CORP NEW CL A 20030N101 27,675 615,415 SH   DFND 3,5 615,415 0 0
COMCAST CORP NEW CL A 20030N101 76,423 1,699,416 SH   DFND 4,5 1,699,416 0 0
CSX CORP COM 126408103 94,069 1,300,013 SH   DFND 3,5 1,300,013 0 0
CSX CORP COM 126408103 14,471 199,987 SH   DFND 4,5 199,987 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 4,035 69,000 SH   DFND 2,3,5 69,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 10,877 186,000 SH   DFND 4,5 186,000 0 0
DOMINION ENERGY INC COM 25746U109 6,928 83,656 SH   DFND 2,3,5 83,656 0 0
DOMINION ENERGY INC COM 25746U109 18,746 226,344 SH   DFND 4,5 226,344 0 0
JPMORGAN CHASE & CO COM 46625H100 13,802 99,010 SH   DFND 2,3,5 99,010 0 0
JPMORGAN CHASE & CO COM 46625H100 37,776 270,990 SH   DFND 4,5 270,990 0 0
MARSH & MCLENNAN COS INC COM 571748102 111,410 1,000,000 SH   DFND 3,5 1,000,000 0 0
MASTERCARD INC CL A 57636Q104 9,911 33,193 SH   DFND 2,3,5 33,193 0 0
MASTERCARD INC CL A 57636Q104 43,070 144,243 SH   DFND 4,5 144,243 0 0
MICROSOFT CORP COM 594918104 67,630 428,850 SH   DFND 2,3,5 428,850 0 0
MICROSOFT CORP COM 594918104 166,579 1,056,301 SH   DFND 4,5 1,056,301 0 0
NORTHROP GRUMMAN CORP COM 666807102 6,497 18,889 SH   DFND 2,3,5 18,889 0 0
NORTHROP GRUMMAN CORP COM 666807102 17,581 51,111 SH   DFND 4,5 51,111 0 0
OLD REP INTL CORP COM 680223104 68,788 3,075,000 SH   DFND 3,5 3,075,000 0 0
ROPER TECHNOLOGIES INC COM 776696106 42,877 121,044 SH   DFND 2,3,5 121,044 0 0
ROPER TECHNOLOGIES INC COM 776696106 144,155 406,954 SH   DFND 4,5 406,954 0 0
SCHLUMBERGER LTD COM 806857108 110,550 2,750,000 SH   DFND 3,5 2,750,000 0 0
SERVICE CORP INTL COM 817565104 16,024 348,112 SH   DFND 2,3,5 348,112 0 0
SERVICE CORP INTL COM 817565104 36,596 795,053 SH   DFND 4,5 795,053 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 37,034 113,996 SH   DFND 2,3,5 113,996 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 99,885 307,461 SH   DFND 4,5 307,461 0 0
UNITEDHEALTH GROUP INC COM 91324P102 21,762 74,025 SH   DFND 2,3,5 74,025 0 0
UNITEDHEALTH GROUP INC COM 91324P102 21,233 72,225 SH   DFND 3,5 72,225 0 0
UNITEDHEALTH GROUP INC COM 91324P102 39,614 134,750 SH   DFND 4,5 134,750 0 0
VISA INC COM CL A 92826C839 4,042 21,509 SH   DFND 0,5 21,509 0 0
VISA INC COM CL A 92826C839 61,362 326,569 SH   DFND 2,3,5 326,569 0 0
VISA INC COM CL A 92826C839 7,304 38,870 SH   DFND 3,5 38,870 0 0
VISA INC COM CL A 92826C839 126,032 670,740 SH   DFND 4,5 670,740 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 7,028 46,955 SH   DFND 2,3,5 46,955 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 19,016 127,045 SH   DFND 4,5 127,045 0 0