| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1,408,644 shs Kellogg Co | 428,600 | 97,421,819 |
| 100 shs G G F INC | 1 | 100 |
| 5,000 shs Entergy Louisiana Llc Pfd | 124,000 | 129,550 |
| 206,251 shs Dynamic Equity Managers Portfolio 1 | 98,524,600 | 95,499,214 |
| 424,671 shs Dynamic Equity Managers Portfolio 2 | 152,263,401 | 162,466,099 |
| 1,915 shs Alphabet Inc. Cmn Class C | 1,917,539 | 2,560,393 |
| 1,211 shs Amazon.Com Inc Cmn | 1,969,843 | 2,237,734 |
| 16,971 shs Amerisourcebergen Corporation Cmn | 1,291,940 | 1,442,874 |
| 8,884 shs Anthem, Inc. Cmn | 2,410,127 | 2,683,235 |
| 722 shs Booking Holdings Inc. Cmn | 1,358,842 | 1,482,793 |
| 1,478 shs Credit Acceptance Corporation Cmn | 650,789 | 653,764 |
| 30,892 shs Cvs Health Corp Cmn | 1,879,626 | 2,294,967 |
| 5,076 shs Everest Re Group Ltd Cmn | 1,092,609 | 1,405,240 |
| 11,518 shs Facebook, Inc. Cmn Class A | 1,960,247 | 2,364,070 |
| 20,254 shs Hilton Worldwide Holdings Inc. Cmn | 1,303,641 | 2,246,371 |
| 97,970 shs Kkr & Co. Inc. Cmn Class A | 2,617,921 | 2,857,785 |
| 14,637 shs Marriott International, Inc Cmn Class A | 1,841,952 | 2,216,481 |
| 7,746 shs Mastercard Incorporated Cmn Class A | 814,690 | 2,312,878 |
| 10,380 shs Mckesson Corporation Cmn | 1,287,791 | 1,435,762 |
| 12,804 shs Microsoft Corporation Cmn | 1,390,207 | 2,019,191 |
| 124,915 shs National Oilwell Varco Inc Common Stock Cmn | 3,661,592 | 3,129,121 |
| 9,863 shs Nvidia Corporation Cmn | 1,619,925 | 2,320,764 |
| 31,941 shs Oracle Corporation Cmn | 1,492,949 | 1,692,234 |
| 27,505 shs Qorvo, Inc. Cmn | 1,728,903 | 3,196,906 |
| 4,206 shs S&P Global Inc. Cmn | 607,383 | 1,148,448 |
| 27,028 shs Skyworks Solutions, Inc. Cmn | 2,118,681 | 3,267,145 |
| 12,289 shs United Parcel Service, Inc. Class B Common Stock | 1,233,817 | 1,438,550 |
| 10,205 shs Visa Inc. Cmn | 736,826 | 1,917,520 |
| 69,694 shs Airbus S.E. Adr Cmn | 1,906,848 | 2,551,916 |
| 18,916 shs Brookfield Asset Management In Cmn | 938,353 | 1,093,344 |
| 80,948 shs Swiss Re Ltd Sponsored Adr Cmn | 1,891,992 | 2,271,643 |
| 29,425 shs Albemarle Corp Cmn | 1,924,577 | 2,149,202 |
| 10,465 shs Apple Inc. Cmn | 1,036,681 | 3,073,047 |
| 79,000 shs At&T Inc. Cmn | 2,341,402 | 3,087,320 |
| 113,200 shs Axalta Coating Systems Ltd. Cmn | 3,300,152 | 3,441,280 |
| 11,600 shs Bank Of America Corp Cmn | 1,947,733 | 3,930,552 |
| 152,350 shs Caesars Entertainment Corp Cmn | 1,558,456 | 2,071,960 |
| 91,600 shs Corning Incorporated Cmn | 2,258,578 | 2,666,476 |
| 88,050 shs Devon Energy Corporation (New) Cmn | 3,484,024 | 2,286,659 |
| 12,381 shs Entegris, Inc. Cmn | 159,560 | 620,164 |
| 19,955 shs Fedex Corporation Cmn | 3,562,064 | 3,017,396 |
| 190,938 shs Fireeye, Inc. Cmn | 2,656,171 | 3,156,205 |
| 88,400 shs General Motors Company Cmn | 3,202,372 | 3,235,440 |
| 205,600 shs Graphic Packaging Hldgco Cmn | 2,451,304 | 3,423,240 |
| 191,125 shs Hanesbrand Inc. Cmn | 4,125,119 | 2,838,206 |
| 123,800 shs Kroger Company Cmn | 2,752,520 | 3,588,962 |
| 8,500 shs Live Nation Entertainment Inc Cmn | 168,920 | 607,495 |
| 35,000 shs Merck & Co., Inc Cmn | 2,160,718 | 3,183,250 |
| 200,000 shs Regions Financial Corporation Cmn | 3,084,735 | 3,432,000 |
| 65,850 shs Urban Outfitters Inc Cmn | 1,737,252 | 1,828,655 |
| 63,450 shs Viacomcbs Inc. Cmn Class B | 3,404,031 | 2,662,997 |
| 18,925 shs Walt Disney Company (The) Cmn | 1,841,335 | 2,737,123 |
| 110,200 shs Wpx Energy, Inc. Cmn | 1,163,619 | 1,514,148 |
| 233,150 shs Lions Gate Entertainment Corp. Cmn Class (Lgfb) | 3,707,910 | 2,315,178 |
| 100 shs Devon Energy Corporation (New) Cmn | 5,961 | 2,597 |