Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PG	Procter & Gamble	15,761,988	$1.325B	12.0%	$84.08 *	$55.42	+20.5%	COM	742718109
—	TwentyFirst Cen Fox A	43,575,268	$1.222B	11.1%	$28.04	$31.52	—	COM	90130A101
PEP	PepsiCo, Inc.	8,782,946	$919M	8.3%	$104.63 *	$56.35	+40.8%	COM	713448108
ORCL	Oracle Corporation	19,592,943	$753M	6.8%	$38.45 *	$29.49	+15.8%	COM	68389X105
CSCO	Cisco Systems Inc.	24,928,413	$753M	6.8%	$30.22 *	$15.23	+51.3%	COM	17275R102
—	TwentyFirst Cen Fox B	26,427,972	$720M	6.5%	$27.25	$32.90	—	COM	90130A200
JNJ	Johnson & Johnson	6,035,969	$695M	6.3%	$115.21 *	$59.86	+49.9%	COM	478160104
KO	Coca-Cola Co.	16,650,927	$690M	6.3%	$41.46 *	$27.47	+13.6%	COM	191216100
MSFT	Microsoft Corp.	10,374,243	$645M	5.8%	$62.14 *	$26.70	+102.0%	COM	594918104
SYY	Sysco Corporation	11,276,797	$624M	5.7%	$55.37 *	$24.69	+65.9%	COM	871829107
USB	U.S. Bancorp	5,250,055	$270M	2.4%	$51.37 *	$22.41	+50.7%	COM	902973304
XOM	Exxon Mobil Corp.	2,704,392	$244M	2.2%	$90.26 *	$53.80	+8.1%	COM	30231G102
BK	BNY Mellon Corp.	4,121,719	$195M	1.8%	$47.38 *	$21.22	+67.3%	COM	064058100
COP	ConocoPhillips	3,849,972	$193M	1.8%	$50.14 *	$39.96	-13.0%	COM	20825C104
—	Bard, Inc., C.R.	723,901	$163M	1.5%	$224.66	$108.68	—	COM	067383109
—	Viacom Inc Cl B	4,278,238	$150M	1.4%	$35.10	$68.05	—	COM	92553P201
ELV	Anthem Inc.	1,038,140	$149M	1.4%	$143.77 *	$105.54	+12.3%	COM	036752103
—	Unilever N.V.	3,472,912	$143M	1.3%	$41.06	$40.05	—	COM	904784709
SYK	Stryker Corporation	1,140,765	$137M	1.2%	$119.81 *	$56.92	+82.6%	COM	863667101
CMCSA	Comcast Cl A	1,645,350	$114M	1.0%	$69.05 *	$23.76	+12.8%	COM	20030N101
STT	State Street Corp	1,419,100	$110M	1.0%	$77.72 *	$44.60	+29.0%	COM	857477103
WFC	Wells Fargo & Co	1,990,082	$110M	1.0%	$55.11 *	$27.36	+42.6%	COM	949746101
—	Avon Products, Inc.	19,202,834	$96.78M	0.9%	$5.04	$15.84	—	COM	054303102
CL	Colgate-Palmolive	1,335,000	$87.36M	0.8%	$65.44 *	$44.38	+24.8%	COM	194162103
GLW	Corning Inc.	3,065,113	$74.39M	0.7%	$24.27 *	$10.49	+77.7%	COM	219350105
WMT	Wal-Mart Stores	1,069,740	$73.94M	0.7%	$69.12 *	$19.98	-0.4%	COM	931142103
CHRW	CH Robinson WW	1,008,837	$73.91M	0.7%	$73.26 *	$42.78	+36.2%	COM	12541W209
HPE	Hewlett Packard Enterprise	2,240,912	$51.85M	0.5%	$23.14 *	$6.51	+57.1%	COM	42824C109
GS	Goldman Sachs Grp	178,000	$42.62M	0.4%	$239.45 *	$120.15	+39.6%	COM	38141G104
INTC	Intel Corporation	1,116,000	$40.48M	0.4%	$36.27 *	$17.18	+69.7%	COM	458140100
HPQ	HP Inc.	2,241,617	$33.27M	0.3%	$14.84 *	$9.12	+23.0%	COM	40434L105
BAC	Bank of America Corp	1,450,000	$32.05M	0.3%	$22.10 *	$12.76	+22.9%	COM	060505104
—	Apollo Education Grp	2,105,904	$20.85M	0.2%	$9.90	$17.72	—	COM	037604105
CRMT	America's CAR MART Inc	464,926	$20.34M	0.2%	$43.75 *	$27.90	+49.4%	COM	03062T105
—	Staples Inc.	2,230,000	$20.18M	0.2%	$9.05	$15.86	—	COM	855030102
CLX	Clorox Company	74,238	$8.91M	0.1%	$120.02 *	$60.00	+51.4%	COM	189054109
BRK/A	Berkshire Hath A	30	$7.324M	0.1%	$244133.33 *	$165023.42	+39.9%	COM	084670108
BRK/B	Berkshire Hath B	23,167	$3.776M	0.0%	$162.99 *	$118.75	+29.6%	COM	084670702
PM	Philip Morris Intl	28,501	$2.608M	0.0%	$91.51 *	$49.85	+16.8%	COM	718172109
SPY	SPDR S&P 500 ETF	10,380	$2.32M	0.0%	$223.51	$223.51	—	COM	78462F103
MO	Altria Group Inc.	25,300	$1.711M	0.0%	$67.63 *	$16.28	+108.7%	COM	02209S103
TBBK	Bancorp Inc., The	83,000	$652K	0.0%	$7.86 *	$13.53	-47.2%	COM	05969A105
—	MOCON Inc.	29,000	$565K	0.0%	$19.48	$14.75	—	COM	607494101
RDI	Reading International, Inc.	24,000	$398K	0.0%	$16.58 *	$13.58	+7.9%	COM	755408101