Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PEP	PepsiCo, Inc.	33,019,680	$2.757B	11.5%	$83.50 *	$56.35	+0.9%	common	713448108
PG	Procter & Gamble	26,514,685	$2.137B	8.9%	$80.60 *	$55.12	+2.5%	common	742718109
—	TwentyFirst Cen Fox A	58,629,098	$1.874B	7.8%	$31.97	$33.50	—	common	90130A101
KO	Coca-Cola Co.	44,453,471	$1.719B	7.2%	$38.66 *	$27.47	-3.3%	common	191216100
CSCO	Cisco Systems Inc.	62,292,307	$1.396B	5.8%	$22.41 *	$15.23	+0.5%	common	17275R102
MSFT	Microsoft Corp.	32,936,754	$1.35B	5.6%	$40.99 *	$26.70	+17.1%	common	594918104
SYY	Sysco Corporation	31,945,085	$1.154B	4.8%	$36.13 *	$24.40	+7.0%	common	871829107
ORCL	Oracle Corporation	27,774,201	$1.136B	4.7%	$40.91 *	$27.65	+15.6%	common	68389X105
—	Bard, Inc., C.R.	6,827,627	$1.01B	4.2%	$147.98	$108.68	—	common	067383109
SYK	Stryker Corporation	11,592,319	$944M	3.9%	$81.47 *	$56.92	+21.3%	common	863667101
JNJ	Johnson & Johnson	9,572,850	$940M	3.9%	$98.23 *	$59.66	+11.7%	common	478160104
—	Viacom Inc Cl B	9,390,304	$798M	3.3%	$84.99	$68.05	—	common	92553P201
XOM	Exxon Mobil Corp.	7,259,074	$709M	3.0%	$97.68 *	$53.80	+8.0%	common	30231G102
USB	U.S. Bancorp	12,651,030	$542M	2.3%	$42.86 *	$22.41	+22.0%	common	902973304
CLX	Clorox Company	5,903,089	$520M	2.2%	$88.01 *	$60.00	+4.5%	common	189054109
EBAY	Ebay Inc.	8,220,817	$454M	1.9%	$55.24 *	$19.78	+4.5%	common	278642103
COP	ConocoPhillips	6,166,117	$434M	1.8%	$70.35 *	$39.96	+13.7%	common	20825C104
—	Comcast Corp. A	8,499,868	$414M	1.7%	$48.76	$39.67	—	common	20030N200
—	Avon Products, Inc.	24,999,556	$366M	1.5%	$14.64	$19.45	—	common	054303102
—	WellPoint, Inc.	3,581,058	$356M	1.5%	$99.55	$81.84	—	common	94973V107
CHRW	CH Robinson WW	6,583,463	$345M	1.4%	$52.39 *	$42.78	-3.9%	common	12541W209
BK	BNY Mellon Corp.	7,724,703	$273M	1.1%	$35.29 *	$21.22	+16.7%	common	064058100
WMT	Wal-Mart Stores	3,251,604	$249M	1.0%	$76.43 *	$19.98	-0.4%	common	931142103
WFC	Wells Fargo & Co	4,753,749	$236M	1.0%	$49.74 *	$27.36	+22.1%	common	949746101
—	Sigma-Aldrich Corp.	2,397,543	$224M	0.9%	$93.38	$80.36	—	common	826552101
STT	State Street Corp	2,229,500	$155M	0.6%	$69.55 *	$44.60	+12.5%	common	857477103
BDX	Becton Dickinson	1,300,476	$152M	0.6%	$117.08 *	$78.11	+17.0%	common	075887109
GLW	Corning Inc.	7,283,861	$152M	0.6%	$20.82 *	$10.49	+31.8%	common	219350105
—	Covidien Plc.	1,784,825	$131M	0.5%	$73.66	$62.84	—	common	G2554F113
—	Hewlett-Packard	4,061,279	$131M	0.5%	$32.36	$24.80	—	common	428236103
—	Apollo Education Grp	3,802,335	$130M	0.5%	$34.24	$17.72	—	common	037604105
—	TwentyFirst Cen Fox B	4,095,600	$127M	0.5%	$31.12	$31.45	—	common	90130A200
—	Patterson Companies	3,017,000	$126M	0.5%	$41.76	$37.60	—	common	703395103
CL	Colgate-Palmolive	1,525,000	$98.93M	0.4%	$64.87 *	$44.38	+7.9%	common	194162103
BAC	Bank of America Corp	5,670,000	$97.52M	0.4%	$17.20 *	$10.03	+32.2%	common	060505104
—	Liberty Int. Corp.	2,941,301	$84.92M	0.4%	$28.87	$23.01	—	common	53071M104
INTC	Intel Corporation	2,615,000	$67.49M	0.3%	$25.81 *	$17.18	+8.7%	common	458140100
GS	Goldman Sachs Grp	403,000	$66.03M	0.3%	$163.85 *	$120.06	+11.4%	common	38141G104
MZTI	Lancaster Colony	525,000	$52.2M	0.2%	$99.42 *	$79.95	+12.3%	common	513847103
NTRS	Northern Trust Corp.	555,700	$36.43M	0.2%	$65.56 *	$40.35	+12.9%	common	665859104
—	Staples Inc.	2,275,000	$25.8M	0.1%	$11.34	$15.86	—	common	855030102
—	Resource America	1,459,476	$12.51M	0.1%	$8.57	$8.50	—	common	761195205
BRK/A	Berkshire Hath A	30	$5.621M	0.0%	$187366.67 *	$165023.42	+6.4%	common	084670108
TBBK	Bancorp Inc., The	194,450	$3.658M	0.0%	$18.81	$13.53	+39.5%	common	05969A105
PM	Philip Morris Intl	29,689	$2.431M	0.0%	$81.88 *	$49.85	-10.2%	common	718172109
BRK/B	Berkshire Hath B	16,079	$2.009M	0.0%	$124.95 *	$110.02	+6.2%	common	084670702
MO	Altria Group Inc.	26,400	$988K	0.0%	$37.42 *	$16.28	+5.2%	common	02209S103