Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Accenture Plc.	6,805,012	$797M	4.9%	$75.42	—	COM	g1151c101
SLB	Schlumberger Ltd.	9,310,349	$782M	4.8%	$54.58	+15.5%	COM	806857108
BRK/B	Berkshire Hath Cl B	4,347,898	$709M	4.3%	$110.02	+39.9%	COM	084670702
—	Comcast Corp.	9,768,552	$675M	4.1%	$55.39	—	COM	20030n101
—	Potash Corp.	36,382,476	$658M	4.0%	$30.94	—	COM	73755l107
—	TE Connectivity Ltd.	9,285,702	$643M	3.9%	$48.69	—	COM	H84989104
UNH	UnitedHealth Group	3,855,999	$617M	3.8%	$60.41	+113.8%	COM	91324P102
DG	Dollar General Corp	8,068,613	$598M	3.7%	$66.42	-2.3%	COM	256677105
HON	Honeywell Int'l Inc.	5,038,398	$584M	3.6%	$74.34	+13.2%	COM	438516106
—	JPMorgan Chase	6,280,865	$542M	3.3%	$66.59	—	COM	46625h100
BK	Bank of NY Mellon	10,475,399	$496M	3.0%	$21.22	+67.3%	COM	064058100
EBAY	Ebay, Inc.	16,121,520	$479M	2.9%	$22.10	+18.9%	COM	278642103
EXPD	Expeditors Int'l.	9,016,591	$478M	2.9%	$32.05	+45.3%	COM	302130109
PCAR	Paccar Inc.	7,309,444	$467M	2.9%	$23.28	+22.1%	COM	693718108
OMC	Omnicom Group	5,378,130	$458M	2.8%	$48.92	+24.6%	COM	681919106
—	AmerisourceBergen	5,533,898	$433M	2.6%	$69.59	—	COM	03073e105
PGR	Progressive Corp.	11,954,755	$424M	2.6%	$17.86	+40.4%	COM	743315103
SWK	Stanley Black & Deck	3,694,747	$424M	2.6%	$77.54	+20.7%	COM	854502101
—	Devon Energy Corp.	8,973,744	$410M	2.5%	$49.55	—	COM	25179m103
—	21st Century Fox - B	14,371,232	$392M	2.4%	$26.53	—	COM	90130a200
AXP	American Express	5,006,338	$371M	2.3%	$60.79	+0.3%	COM	025816109
—	Level 3 Comm.	5,567,620	$314M	1.9%	$46.38	—	COM	52729n308
MSFT	Microsoft Corp.	4,476,915	$278M	1.7%	$27.41	+96.8%	COM	594918104
—	Unilever PLC ADR	6,778,508	$276M	1.7%	$41.48	—	COM	904767704
ROST	Ross Stores Inc.	4,034,296	$265M	1.6%	$38.04	+57.1%	COM	778296103
—	Oracle Corp	6,854,765	$264M	1.6%	$38.45	—	COM	68389x105
NSRGY	Nestle SA ADR	3,588,549	$257M	1.6%	$74.25	—	COM	641069406
—	Cerner Corporation	5,049,070	$239M	1.5%	$47.37	—	COM	156782104
—	21st Century Fox - A	6,799,492	$191M	1.2%	$27.88	—	COM	90130a101
ROK	Rockwell Automation	1,203,105	$162M	1.0%	$92.42	+16.6%	COM	773903109
ARW	Arrow Electronics Inc.	1,744,400	$124M	0.8%	$44.73	+47.9%	COM	042735100
MAN	Manpowergroup Inc.	1,339,586	$119M	0.7%	$87.19	-5.4%	COM	56418H100
—	Genpact, Ltd.	4,823,440	$117M	0.7%	$18.01	—	COM	g3922b107
—	FirstCash Inc.	2,374,410	$112M	0.7%	$47.08	—	COM	33767d105
—	Interpublic Group	4,571,327	$107M	0.7%	$12.84	+26.4%	COM	460690100
RHI	Robert Half Int'l. Inc.	2,067,211	$101M	0.6%	$43.96	-2.6%	COM	770323103
WWD	Woodward Inc.	1,417,895	$97.91M	0.6%	$42.60	+43.0%	COM	980745103
—	Broadridge Financial	1,459,906	$96.79M	0.6%	$28.34	—	COM	11133t103
GHC	Graham Holdings Co.	188,622	$96.56M	0.6%	$442.78	+0.4%	COM	384637104
KEX	Kirby Corp.	1,371,988	$91.24M	0.6%	$68.43	-7.6%	COM	497266106
—	Anixter Int'l.	1,121,433	$90.89M	0.6%	$76.43	—	COM	035290105
—	Applied Ind. Tech.	1,515,304	$90.01M	0.6%	$39.66	—	COM	03820c105
R	Ryder System Inc.	1,077,911	$80.24M	0.5%	$59.87	+23.1%	COM	783549108
FUL	H.B. Fuller Co.	1,628,401	$78.67M	0.5%	$37.43	+10.2%	COM	359694106
—	Armstrong World Ind.	1,760,781	$73.6M	0.5%	$48.79	—	COM	04247x102
—	Cable One, Inc.	115,899	$72.06M	0.4%	$426.14	—	COM	12685j105
WRB	W.R. Berkley Corp.	1,076,531	$71.6M	0.4%	$9.82	+48.7%	COM	084423102
—	Esterline Technologies	793,764	$70.8M	0.4%	$84.24	—	COM	297425100
MSM	MSC Industrial Direct	715,292	$66.09M	0.4%	$77.63	+6.2%	COM	553530106
—	Penske Automotive	1,273,810	$66.03M	0.4%	$35.26	—	COM	70959w103
—	MKS Instruments	1,104,766	$65.62M	0.4%	$28.02	—	COM	55306n104
—	Varian Medical Sys.	724,981	$65.09M	0.4%	$74.48	—	COM	92220p105
AVY	Avery Dennison Corp.	909,889	$63.89M	0.4%	$35.48	+73.6%	COM	053611109
VMI	Valmont Industries	433,592	$61.09M	0.4%	$148.66	-6.6%	COM	920253101
TRS	TriMas Corp.	2,513,010	$59.06M	0.4%	$20.15	+1.3%	COM	896215209
ZION	Zions Bancorporation	1,333,008	$57.37M	0.4%	$27.28	+35.0%	COM	989701107
PRGS	Progress Software	1,740,602	$55.58M	0.3%	$22.54	+28.8%	COM	743312100
—	Compass Minerals	708,413	$55.5M	0.3%	$82.92	—	COM	20451n101
PLUS	ePlus Inc.	468,375	$53.96M	0.3%	$21.32	+21.7%	COM	294268107
MDRX	Allscripts Healthcare	4,703,240	$48.02M	0.3%	$12.38	-7.9%	COM	01988P108
—	Greenlight Capital	2,087,450	$47.59M	0.3%	$23.70	—	COM	g4095j109
—	Dun & Bradstreet	330,677	$40.12M	0.2%	$98.32	—	COM	26483e100
KW	Kennedy-Wilson Hld.	1,935,390	$39.67M	0.2%	$21.28	+0.4%	COM	489398107
CSL	Carlisle Cos. Inc.	305,144	$33.65M	0.2%	$57.55	+69.0%	COM	142339100
UNF	UniFirst Corp.	228,319	$32.8M	0.2%	$99.03	+30.7%	COM	904708104
—	NVR Inc.	16,990	$28.36M	0.2%	$1080.08	—	COM	62944t105
—	RPX Corp.	1,196,050	$12.92M	0.1%	$13.72	—	COM	74972g103
IVV	iShares S&P 500	20,730	$4.664M	0.0%	$224.99	—	COM	464287200
FRFHF	Fairfax Financial	6,700	$3.261M	0.0%	$317.58	+32.1%	COM	303901102
—	MEDNAX, Inc.	14,890	$993K	0.0%	$66.69	—	COM	58502b106
IJR	iShares S&P 600	6,345	$873K	0.0%	$137.59	—	COM	464287804
—	Net 1 UEPS Technologies Inc.	23,700	$272K	0.0%	$7.34	—	COM	64107n206
—	Smiths Group PLC - ADR	13,950	$248K	0.0%	$15.77	—	COM	83238p203