Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	Mastercard	145,845	$43.13M	6.3%	$72.81	+275.4%	COMM	57636Q104
AAPL	Apple	95,499	$34.84M	5.0%	$18.62	+303.4%	COMM	037833100
ADP	Automatic Data Processing	205,936	$30.66M	4.4%	$45.45	+179.4%	COMM	053015103
MSFT	Microsoft	144,762	$29.46M	4.3%	$41.54	+316.6%	COMM	594918104
ECL	Ecolab	121,538	$24.18M	3.5%	$74.34	+145.0%	COMM	278865100
SYK	Stryker	122,266	$22.03M	3.2%	$66.58	+160.9%	COMM	863667101
NKE	NIKE 'B'	221,999	$21.77M	3.2%	$43.43	+96.8%	COMM	654106103
TJX	TJX Companies	428,323	$21.66M	3.1%	$33.83	+37.9%	COMM	872540109
MKC	McCormick	115,493	$20.72M	3.0%	$29.42	+149.8%	COMM	579780206
ABT	Abbott Labs	202,178	$18.48M	2.7%	$32.96	+148.6%	COMM	002824100
FISV	Fiserv	176,867	$17.27M	2.5%	$47.58	+111.6%	COMM	337738108
JNJ	Johnson & Johnson	112,287	$15.79M	2.3%	$62.43	+99.0%	COMM	478160104
CHD	Church & Dwight	202,468	$15.65M	2.3%	$35.05	+94.3%	COMM	171340102
DHR	Danaher	86,565	$15.31M	2.2%	$47.42	+195.3%	COMM	235851102
MCD	McDonald's	79,113	$14.59M	2.1%	$73.60	+118.8%	COMM	580135101
INTU	Intuit	45,066	$13.35M	1.9%	$62.11	+326.5%	COMM	461202103
NEE	NextEra Energy	52,984	$12.72M	1.8%	$23.47	+121.4%	COMM	65339F101
AMT	American Tower	45,864	$11.86M	1.7%	$90.18	+133.5%	COMM	03027X100
FDS	FactSet Research Systems	35,880	$11.79M	1.7%	$93.65	+192.5%	COMM	303075105
BR	Broadridge Financial Solutions	89,248	$11.26M	1.6%	$59.16	+78.0%	COMM	11133T103
PG	Procter & Gamble	91,115	$10.89M	1.6%	$57.11	+77.8%	COMM	742718109
ABBV	AbbVie	104,490	$10.26M	1.5%	$27.98	+152.0%	COMM	00287Y109
KO	Coca-Cola	202,087	$9.029M	1.3%	$27.85	+39.0%	COMM	191216100
BDX	Becton, Dickinson	36,445	$8.72M	1.3%	$170.84	+29.0%	COMM	075887109
AMZN	Amazon.com	3,139	$8.66M	1.3%	$49.62	+143.4%	COMM	023135106
GOOGL	Alphabet Class A	6,078	$8.619M	1.2%	$44.02	+52.0%	COMM	02079K305
PEP	PepsiCo	64,171	$8.487M	1.2%	$56.78	+95.1%	COMM	713448108
IDXX	IDEXX Labs	25,542	$8.433M	1.2%	$66.90	+332.8%	COMM	45168D104
ACN	Accenture 'A'	37,088	$7.964M	1.2%	$83.90	+108.1%	COMM	G1151C101
BF/B	Brown-Forman 'B'	124,750	$7.942M	1.2%	$32.20	+78.7%	COMM	115637209
DIS	Disney, Walt	68,382	$7.625M	1.1%	$92.70	+16.4%	COMM	254687106
CL	Colgate-Palmolive	103,070	$7.551M	1.1%	$44.45	+40.3%	COMM	194162103
HD	Home Depot	28,436	$7.124M	1.0%	$111.49	+79.1%	COMM	437076102
LLY	Lilly, Eli	40,053	$6.576M	1.0%	$43.48	+230.9%	COMM	532457108
PFF	iShares S&P US Pfd ETF	172,172	$5.964M	0.9%	$36.95	—	DEBT	464288687
XOM	ExxonMobil	120,993	$5.411M	0.8%	$53.89	-35.4%	COMM	30231G102
QCOM	QUALCOMM	53,087	$4.842M	0.7%	$48.59	+46.0%	COMM	747525103
EL	Estee Lauder	23,689	$4.47M	0.6%	$87.13	+90.0%	COMM	518439104
SYY	Sysco	79,465	$4.344M	0.6%	$24.84	+81.9%	COMM	871829107
ITW	Illinois Tool Works	24,388	$4.264M	0.6%	$64.66	+121.0%	COMM	452308109
APD	Air Products & Chemicals	17,457	$4.215M	0.6%	$61.75	+221.7%	COMM	009158106
WSO	Watsco	23,685	$4.209M	0.6%	$153.09	+8.1%	COMM	942622200
RTX	Raytheon Technologies	67,102	$4.135M	0.6%	$54.61	0.0%	COMM	75513E101
MRK	Merck	51,896	$4.013M	0.6%	$41.45	+51.7%	COMM	58933Y105
WMT	Walmart	32,120	$3.847M	0.6%	$20.64	+84.5%	COMM	931142103
VZ	Verizon Communications	69,666	$3.841M	0.6%	$28.83	+41.4%	COMM	92343V104
PAYX	Paychex	49,215	$3.728M	0.5%	$26.63	+121.4%	COMM	704326107
SBUX	Starbucks	49,480	$3.641M	0.5%	$42.97	+54.4%	COMM	855244109
LOW	Lowe's	25,808	$3.487M	0.5%	$32.88	+214.2%	COMM	548661107
HON	Honeywell Int'l	23,597	$3.412M	0.5%	$113.85	+3.5%	COMM	438516106
INTC	Intel	54,936	$3.287M	0.5%	$19.28	+175.9%	COMM	458140100
V	Visa	16,945	$3.273M	0.5%	$97.26	+80.5%	COMM	92826C839
SHW	Sherwin-Williams	5,521	$3.19M	0.5%	$165.66	+3.6%	COMM	824348106
EW	Edwards Lifesciences	43,750	$3.024M	0.4%	$62.91	+13.0%	COMM	28176E108
CSCO	Cisco Systems	62,910	$2.934M	0.4%	$15.33	+141.3%	COMM	17275R102
MPC	Marathon Petroleum	77,868	$2.911M	0.4%	$37.57	-27.7%	COMM	56585A102
UNP	Union Pacific	16,805	$2.841M	0.4%	$75.59	+87.1%	COMM	907818108
NVO	Novo Nordisk ADR	43,275	$2.834M	0.4%	$68.55	—	COMM	670100205
AMGN	Amgen	11,487	$2.709M	0.4%	$73.61	+160.4%	COMM	031162100
COST	Costco Wholesale	8,901	$2.699M	0.4%	$258.36	+8.1%	COMM	22160K105
BRK/B	Berkshire Hathaway 'B'	14,588	$2.604M	0.4%	$159.53	+14.5%	COMM	084670702
BCPC	Balchem	27,260	$2.586M	0.4%	$48.33	+87.5%	COMM	057665200
ZTS	Zoetis	17,867	$2.448M	0.4%	$78.59	+58.4%	COMM	98978V103
EMR	Emerson Electric	38,569	$2.392M	0.3%	$40.07	+25.5%	COMM	291011104
T	AT&T	71,827	$2.171M	0.3%	$12.52	+23.8%	COMM	00206R102
JKHY	Jack Henry & Associates	11,595	$2.134M	0.3%	$57.63	+182.4%	COMM	426281101
FAST	Fastenal	49,600	$2.125M	0.3%	$11.26	+47.3%	COMM	311900104
GWW	Grainger, W.W.	6,282	$1.974M	0.3%	$204.51	+32.3%	COMM	384802104
PFE	Pfizer	55,107	$1.802M	0.3%	$18.18	+43.0%	COMM	717081103
—	Walgreens Boots Alliance	40,903	$1.734M	0.3%	$76.03	—	COMM	931427108
ADBE	Adobe Systems	3,930	$1.711M	0.2%	$370.53	0.0%	COMM	00724F101
RHHBY	Roche Holding Ltd ADR	35,350	$1.533M	0.2%	$48.75	—	COMM	771195104
DE	Deere & Company	9,629	$1.513M	0.2%	$68.53	+95.9%	COMM	244199105
ISRG	Intuitive Surgical	2,625	$1.496M	0.2%	$101.54	+76.5%	COMM	46120E602
EXPD	Expeditors Int'l	19,137	$1.455M	0.2%	$32.51	+110.1%	COMM	302130109
—	Tiffany	11,900	$1.451M	0.2%	$75.16	—	COMM	886547108
MMM	3M Company	8,744	$1.364M	0.2%	$75.07	+36.4%	COMM	88579Y101
PPG	PPG Industries	12,457	$1.321M	0.2%	$91.06	-5.2%	COMM	693506107
GILD	Gilead Sciences	16,085	$1.238M	0.2%	$55.92	+9.9%	COMM	375558103
BMY	Bristol-Myers Squibb	19,311	$1.135M	0.2%	$45.68	+4.9%	COMM	110122108
EPAM	EPAM Systems	4,500	$1.134M	0.2%	$149.89	+46.8%	COMM	29414B104
OTIS	Otis Worldwide	19,378	$1.102M	0.2%	$47.48	0.0%	COMM	68902V107
USB	US Bancorp	29,475	$1.085M	0.2%	$24.69	+12.8%	COMM	902973304
FLO	Flowers Foods	48,225	$1.078M	0.2%	$13.95	+27.5%	COMM	343498101
—	CDK Global	25,828	$1.07M	0.2%	$59.68	—	COMM	12508E101
PM	Philip Morris Int'l	14,874	$1.042M	0.2%	$49.88	+9.8%	COMM	718172109
WELL	Welltower	20,125	$1.041M	0.2%	$54.00	-22.6%	COMM	95040Q104
IBM	IBM	7,807	$943K	0.1%	$118.23	-22.7%	COMM	459200101
ULTA	Ulta Beauty	4,572	$930K	0.1%	$246.06	-12.6%	COMM	90384S303
ORLY	O'Reilly Automotive	2,130	$898K	0.1%	$25.10	+4.1%	COMM	67103H107
—	Kellogg	13,000	$859K	0.1%	$38.92	+27.1%	COMM	487836108
CSX	CSX	12,156	$848K	0.1%	$6.66	+207.8%	COMM	126408103
PYPL	PayPal Holdings	4,208	$733K	0.1%	$100.27	+37.5%	COMM	70450Y103
HSY	Hershey Company	5,220	$677K	0.1%	$72.89	+61.5%	COMM	427866108
—	Fortune Brands Home & Security	10,347	$661K	0.1%	$66.64	—	COMM	34964c106
CARR	Carrier Global	29,531	$656K	0.1%	$17.13	0.0%	COMM	14448C104
—	Weingarten Realty	34,625	$655K	0.1%	$35.14	—	COMM	948741103
CVS	CVS Health	10,054	$653K	0.1%	$57.07	-7.8%	COMM	126650100
ROST	Ross Stores	7,555	$644K	0.1%	$38.79	+120.9%	COMM	778296103
EQR	Equity Residential Properties	10,742	$632K	0.1%	$32.31	+53.8%	COMM	29476L107
CVX	Chevron	6,547	$584K	0.1%	$74.39	-6.1%	COMM	166764100
BAC	Bank of America	24,252	$576K	0.1%	$23.90	-13.9%	COMM	060505104
ALCO	Alico	17,866	$557K	0.1%	$27.33	-4.2%	COMM	016230104
EOG	EOG Resources	9,999	$507K	0.1%	$60.19	-37.9%	COMM	26875P101
HPQ	HP	27,700	$483K	0.1%	$11.22	+16.6%	COMM	40434L105
TMO	Thermo Fisher Scientific	1,329	$482K	0.1%	$230.43	+43.3%	COMM	883556102
ILMN	Illumina	1,290	$478K	0.1%	$298.32	+7.9%	COMM	452327109
TRMB	Trimble	10,835	$468K	0.1%	$30.00	+25.0%	COMM	896239100
JPM	JPMorgan Chase	4,936	$464K	0.1%	$56.46	+44.8%	COMM	46625H100
NOC	Northrop Grumman	1,366	$420K	0.1%	$122.55	+143.6%	COMM	666807102
PGR	Progressive	5,228	$419K	0.1%	$29.31	+126.4%	COMM	743315103
HP	Helmerich & Payne	20,982	$409K	0.1%	$62.85	-69.0%	COMM	423452101
DOC	Healthpeak Properties	14,600	$402K	0.1%	$25.47	-25.4%	COMM	42250P103
TECH	Bio-Techne	1,500	$396K	0.1%	$33.97	+72.2%	COMM	09073M104
—	Stericycle	7,050	$395K	0.1%	$96.41	—	COMM	858912108
SEIC	SEI Investments	7,000	$385K	0.1%	$26.47	+82.7%	COMM	784117103
DUK	Duke Energy	4,697	$375K	0.1%	$42.75	+58.1%	COMM	26441C204
WEX	WEX	2,245	$370K	0.1%	$119.90	+14.5%	COMM	96208T104
CTAS	Cintas	1,378	$367K	0.1%	$49.87	+9.6%	COMM	172908105
PRU	Prudential Financial	6,000	$365K	0.1%	$44.25	0.0%	COMM	744320102
XRAY	Dentsply Sirona	8,100	$357K	0.1%	$59.08	-28.4%	COMM	24906P109
NSC	Norfolk Southern	2,005	$352K	0.1%	$107.13	+40.9%	COMM	655844108
HSIC	Henry Schein	5,704	$333K	0.0%	$52.84	+5.7%	COMM	806407102
GPC	Genuine Parts	3,785	$329K	0.0%	$62.69	+7.4%	COMM	372460105
LHX	L3 Harris Technologies	1,830	$310K	0.0%	$180.55	-7.1%	COMM	502431109
MDLZ	Mondelez Int'l	5,882	$301K	0.0%	$28.45	+56.6%	COMM	609207105
CMI	Cummins	1,650	$286K	0.0%	$89.89	+54.9%	COMM	231021106
LKQ	LKQ	10,600	$278K	0.0%	$24.16	-8.6%	COMM	501889208
HPE	Hewlett Packard Enterprise	27,700	$270K	0.0%	$6.50	+26.5%	COMM	42824C109
—	Marathon Oil	43,588	$267K	0.0%	$13.56	—	COMM	565849106
BRK/A	Berkshire Hathaway 'A'	1	$267K	0.0%	$199512.94	+37.4%	COMM	084670108
PRAA	PRA Group	6,800	$263K	0.0%	$31.71	0.0%	COMM	69354N106
INGR	Ingredion	3,000	$249K	0.0%	$80.34	+1.8%	COMM	457187102
FPE	1st Trust Pfd Sec & Inc ETF	13,000	$239K	0.0%	$19.08	—	DEBT	33739E108
MO	Altria	5,800	$228K	0.0%	$25.84	-3.4%	COMM	02209S103
CHTR	Charter Communications	441	$225K	0.0%	$507.25	0.0%	COMM	16119P108
ORCL	Oracle	3,754	$207K	0.0%	$48.99	0.0%	COMM	68389X105
EFX	Equifax	1,200	$206K	0.0%	$142.07	0.0%	COMM	294429105
VEEV	Veeva Systems Cl A	870	$204K	0.0%	$198.31	0.0%	COMM	922475108
TXN	Texas Instruments	1,602	$203K	0.0%	$99.52	0.0%	COMM	882508104
KIM	Kimco Realty	10,667	$137K	0.0%	$12.78	-31.1%	COMM	49446R109
—	General Electric	13,274	$91,000	0.0%	$17.79	—	COMM	369604103
—	Laidlaw EGY Group	1,350,000	$0	0.0%	—	—	COMM	50730N101