Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BDX	BECTON DICKINSON & COMPANY	160,826	$24.78M	3.5%	$78.50	+57.3%	COM	075887109
XOM	EXXON MOBIL CORP	317,780	$24.77M	3.5%	$54.15	-5.1%	COM	30231G102
MSFT	MICROSOFT CORP	442,676	$24.56M	3.5%	$27.63	+66.2%	COM	594918104
MA	MASTERCARD INC CL A	239,746	$23.34M	3.3%	$70.64	+30.5%	COM	57636Q104
JNJ	JOHNSON & JOHNSON	226,696	$23.29M	3.3%	$61.13	+24.2%	COM	478160104
PEP	PEPSICO	227,898	$22.77M	3.2%	$56.41	+30.2%	COM	713448108
LOW	LOWES COMPANIES INC	297,765	$22.64M	3.2%	$32.54	+89.6%	COM	548661107
RSG	REPUBLIC SERVICES INC	512,254	$22.53M	3.2%	$26.40	+38.8%	COM	760759100
PFE	PFIZER INC	693,299	$22.38M	3.1%	$16.61	+22.7%	COM	717081103
COR	AMERISOURCEBERGEN CORP	197,445	$20.48M	2.9%	$39.24	+85.4%	COM	03073E105
—	UNILEVER NV	448,986	$19.45M	2.7%	$39.44	—	COM	904784709
PNC	PNC FINANCIAL SERVICES GROUP	203,086	$19.36M	2.7%	$48.06	+39.8%	COM	693475105
ADP	AUTOMATIC DATA PROCESSING INC	224,055	$18.98M	2.7%	$45.38	+52.3%	COM	053015103
CL	COLGATE-PALMOLIVE CO	280,895	$18.71M	2.6%	$44.79	+17.3%	COM	194162103
VZ	VERIZON COMMUNICATIONS INC	389,814	$18.02M	2.5%	$26.75	+0.7%	COM	92343V104
UPS	UNITED PARCEL SERVICE - CL B	181,171	$17.43M	2.5%	$56.19	+25.7%	COM	911312106
IBM	I B M	122,482	$16.86M	2.4%	$116.72	-25.0%	COM	459200101
BCE	B C E INC	425,088	$16.42M	2.3%	$22.18	+4.6%	COM	05534B760
—	EATON CORP PLC	312,268	$16.25M	2.3%	$63.15	—	COM	086353296
—	L-3 COMMUNICATIONS HOLDINGS IN	135,550	$16.2M	2.3%	$121.70	—	COM	502424104
EMR	EMERSON	319,157	$15.27M	2.1%	$40.40	-9.6%	COM	291011104
MCD	MCDONALD'S CORP	128,996	$15.24M	2.1%	$72.06	+21.1%	COM	580135101
TMO	THERMO FISHER SCIENTIFIC INC	102,062	$14.48M	2.0%	$124.80	+3.8%	COM	883556102
SNPS	SYNOPSYS INC	297,904	$13.59M	1.9%	$35.63	+35.7%	COM	871607107
—	PRAXAIR INC	128,440	$13.15M	1.8%	$116.32	—	COM	74005P104
ABBV	ABBVIE INC	216,936	$12.85M	1.8%	$36.71	+3.4%	COM	00287Y109
PKG	PACKAGING CORP OF AMERICA	199,899	$12.6M	1.8%	$51.10	-4.9%	COM	695156109
—	WESTROCK COMPANY	265,873	$12.13M	1.7%	$51.50	—	COM	96145D105
SLB	SCHLUMBERGER LTD	160,714	$11.21M	1.6%	$54.09	+3.7%	COM	806857108
COP	CONOCOPHILLIPS	214,582	$10.02M	1.4%	$40.55	-5.4%	COM	20825C104
—	GENERAL ELECTRIC	229,827	$7.159M	1.0%	$23.82	—	COM	369604103
PG	PROCTER & GAMBLE COMPANY	77,463	$6.151M	0.9%	$56.54	+2.5%	COM	742718109
QCOM	QUALCOMM INC	109,446	$5.471M	0.8%	$54.37	-26.4%	COM	747525103
WDC	WESTERN DIGITAL CORP	80,162	$4.813M	0.7%	$57.92	-24.8%	COM	958102105
PPG	P P G INDUSTRIES INC	42,966	$4.245M	0.6%	$77.20	+8.9%	COM	693506107
PM	PHILLIP MORRIS INTL	44,097	$3.876M	0.5%	$48.09	+8.7%	COM	718172109
KO	COCA COLA COMPANY	79,242	$3.404M	0.5%	$28.23	+9.3%	COM	191216100
CMCSA	COMCAST CLASS A	60,112	$3.392M	0.5%	$21.85	+8.8%	COM	20030N101
MRK	MERCK & COMPANY INC	60,677	$3.204M	0.5%	$32.99	+11.4%	COM	58933Y105
—	LIBERTY PROPERTY TRUST	100,127	$3.108M	0.4%	$36.22	—	REITS	531172104
—	FIRST POTOMAC REALTY TRUST	257,180	$2.931M	0.4%	$12.88	—	REITS	33610F109
AAPL	APPLE INC	27,793	$2.925M	0.4%	$20.59	+25.0%	COM	037833100
—	EQUITY ONE	105,365	$2.86M	0.4%	$22.62	—	REITS	294752100
JPM	J. P. MORGAN CHASE & CO.	40,339	$2.663M	0.4%	$38.16	+30.2%	COM	46625H100
BRK/B	BERKSHIRE HATHAWAY INC. CLASS	18,596	$2.455M	0.3%	$144.73	-7.3%	COM	084670702
WY	WEYERHAEUSER	80,861	$2.424M	0.3%	$20.92	-2.7%	COM	962166104
T	A T & T INC	64,441	$2.217M	0.3%	$11.53	+7.9%	COM	00206R102
SON	SONOCO PRODUCTS CO	54,079	$2.21M	0.3%	$23.44	+26.6%	COM	835495102
GIS	GENERAL MILLS INC	37,885	$2.184M	0.3%	$32.81	+23.3%	COM	370334104
HD	HOME DEPOT	16,116	$2.131M	0.3%	$57.54	+73.8%	COM	437076102
CVX	CHEVRON CORP	23,203	$2.087M	0.3%	$70.85	-17.5%	COM	166764100
IEX	IDEX CORP	26,420	$2.024M	0.3%	$45.08	+49.4%	COM	45167R104
RPM	R P M INC.	44,048	$1.94M	0.3%	$32.39	+39.0%	COM	749685103
—	AMERICAN INTERNATIONAL	30,279	$1.876M	0.3%	$49.27	—	COM	026874107
VTI	VANGUARD TOTAL STK MKT ETF	17,535	$1.828M	0.3%	$89.68	—	ETFS	922908769
BMY	BRISTOL-MYERS SQUIBB COMPANY	24,435	$1.68M	0.2%	$30.72	+52.0%	COM	110122108
FUL	H.B. FULLER CO	45,865	$1.672M	0.2%	$34.18	-2.6%	COM	359694106
—	S&P 500 INDEX SPDR ETF TRUST	8,038	$1.638M	0.2%	$205.52	—	ETFS	78462f103
CVS	CVS CORP	15,756	$1.54M	0.2%	$54.90	+32.3%	COM	126650100
AIT	APPLIED INDUSTRIAL TECH INC	37,390	$1.513M	0.2%	$37.01	-5.9%	COM	03820C105
—	DUPONT EI DE NEMOUR & CO	22,600	$1.505M	0.2%	$54.52	—	COM	263534109
GOOG	ALPHABET INC CL C - NON VOTING	1,926	$1.461M	0.2%	$30.50	+16.8%	COM	02079K107
MTD	METTLER-TOLEDO INTERNATIONAL	4,280	$1.451M	0.2%	$212.95	+50.6%	COM	592688105
BUD	ANHEUSER-BUSCH INBEV NV	11,140	$1.392M	0.2%	$97.35	—	COM	03524A108
—	BERKSHIRE HATHAWAY INC CL A (1	700	$1.384M	0.2%	$1963.88	—	COM	084990175
ATR	APTARGROUP, INC.	18,955	$1.377M	0.2%	$47.22	+33.2%	COM	038336103
IWB	ISHARES RUSSELL 1000 ETF	11,900	$1.348M	0.2%	$90.25	—	ETFS	464287622
—	CST BRANDS INC	32,510	$1.272M	0.2%	$36.69	—	COM	12646r105
GOOGL	ALPHABET INC CL A	1,632	$1.269M	0.2%	$31.95	+15.0%	COM	02079K305
KMB	KIMBERLY-CLARK CORP	9,705	$1.235M	0.2%	$67.82	+25.3%	COM	494368103
—	CONTINENTAL BUILDING PRODUCTS	65,750	$1.147M	0.2%	$22.08	—	COM	211171103
WTS	WATTS INDUSTRIES	22,985	$1.141M	0.2%	$46.26	+18.0%	COM	942749102
RVTY	PERKINELMER INC	21,180	$1.134M	0.2%	$31.21	+58.3%	COM	714046109
KHC	THE KRAFT HEINZ COMPANY	15,045	$1.094M	0.2%	$47.82	-1.6%	COM	500754106
HON	HONEYWELL	10,367	$1.073M	0.2%	$62.05	+19.7%	COM	438516106
UNP	UNION PACIFIC	13,376	$1.046M	0.1%	$71.05	-3.9%	COM	907818108
—	PATTERSON CO INC	22,760	$1.028M	0.1%	$38.25	—	COM	703395103
ABT	ABBOTT LABS	22,586	$1.014M	0.1%	$29.33	+24.6%	COM	002824100
—	ROYAL DUTCH SHELL PLC ADR	21,750	$995K	0.1%	$75.76	—	COM	780259206
NNBR	NN, INC.	60,600	$965K	0.1%	$16.16	-7.1%	COM	629337106
TFX	TELEFLEX INC	7,275	$956K	0.1%	$85.10	+43.5%	COM	879369106
INTC	INTEL CORP.	27,682	$953K	0.1%	$18.48	+44.2%	COM	458140100
—	CLARCOR INC	19,070	$947K	0.1%	$52.20	—	COM	179895107
BK	BANK OF NEW YORK MELLON CORP	22,815	$940K	0.1%	$22.62	+43.6%	COM	064058100
—	MTS SYSTEMS CORP	14,735	$934K	0.1%	$57.15	—	COM	553777103
—	GENERAL MOTORS	27,385	$931K	0.1%	$35.11	—	COM	37045V105
—	STANLEY BLACK & DECKER INC	8,660	$924K	0.1%	$80.33	—	COM	854616109
—	A. SHULMAN INC.	30,125	$923K	0.1%	$31.16	—	COM	808194104
LMT	LOCKHEED MARTIN CORP	4,250	$922K	0.1%	$94.98	+74.1%	COM	539830109
WM	WASTE MANAGEMENT INC	16,832	$898K	0.1%	$33.57	+30.8%	COM	94106L109
CECO	CECO ENVIRONMENTAL CORP	116,600	$895K	0.1%	$12.03	-33.9%	COM	125141101
—	RAYTHEON COMPANY NEW	7,100	$884K	0.1%	$109.19	—	COM	755111507
IOSP	INNOSPEC INC	15,830	$859K	0.1%	$36.48	+31.9%	COM	45768S105
CAT	CATERPILLAR INC	12,557	$853K	0.1%	$61.72	-11.6%	COM	149123101
BDC	BELDEN INC	17,650	$841K	0.1%	$52.52	+1.4%	COM	077454106
—	CHIPMOS TECHNOLOGIES BERMUDA L	41,998	$831K	0.1%	$19.77	—	COM	G2110R114
C	CITIGROUP	16,015	$828K	0.1%	$39.61	+0.0%	COM	172967424
AXP	AMERICAN EXPRESS COMPANY	11,899	$827K	0.1%	$62.87	0.0%	COM	025816109
BAC	BANK OF AMERICA CORP.	48,045	$808K	0.1%	$13.19	+2.8%	COM	060505104
MATW	MATTHEWS INTL CORP.	15,000	$801K	0.1%	$27.75	+56.0%	COM	577128101
USB	U. S. BANCORP	18,764	$800K	0.1%	$26.13	+13.3%	COM	902973304
—	GENESEE & WYOMING	14,850	$797K	0.1%	$80.03	—	COM	371559105
MMM	3M COMPANY	5,230	$787K	0.1%	$76.31	+20.7%	COM	88579Y101
TROW	T. ROWE PRICE GROUP INC	10,984	$785K	0.1%	$50.99	-0.2%	COM	74144T108
F	FORD	55,085	$776K	0.1%	$8.05	+3.6%	COM	345370860
AVD	AMERICAN VANGUARD CORP	55,000	$770K	0.1%	$11.82	+14.1%	COM	030371108
—	TE CONNECTIVITY LTD	11,866	$766K	0.1%	$46.55	—	COM	043813854
PH	PARKER HANNIFIN	7,744	$751K	0.1%	$82.64	+4.2%	COM	701094104
MET	METLIFE INC	15,212	$733K	0.1%	$26.41	+18.1%	COM	59156R108
—	C. R. BARD	3,858	$730K	0.1%	$108.67	—	COM	067383109
WHR	WHIRLPOOL CORP.	4,910	$721K	0.1%	$155.14	0.0%	COM	963320106
—	OAKTREE CAPITAL GROUP LLC	14,995	$715K	0.1%	$52.37	—	COM	077573615
MO	ALTRIA GROUP INC	12,233	$712K	0.1%	$17.59	+67.5%	COM	02209S103
—	LIBERTY INTERACTIVE CORP A	26,007	$710K	0.1%	$23.19	—	COM	53071M104
AZN	ASTRAZENCA PLC SP ADR	20,325	$690K	0.1%	$31.81	—	COM	046353108
CB	CHUBB LTD	5,166	$685K	0.1%	$94.03	0.0%	COM	H1467J104
—	EXPRESS SCRIPTS INC	7,708	$673K	0.1%	$64.00	—	COM	302182100
—	SEAGATE TECHNOLOGY	18,321	$671K	0.1%	$44.88	—	COM	052580676
FDX	FEDEX CORPORATION	4,340	$646K	0.1%	$144.66	-8.5%	COM	31428X106
BA	BOEING	4,361	$630K	0.1%	$92.75	+38.9%	COM	097023105
KMT	KENNAMETAL	32,000	$614K	0.1%	$30.95	-37.1%	COM	489170100
—	KELLOGG CO.	8,458	$611K	0.1%	$39.23	+16.5%	COM	487836108
—	DUNKIN' BRANDS GROUP INC.	14,265	$607K	0.1%	$47.55	—	COM	265504100
—	TELSTRA CORP ADR	29,700	$603K	0.1%	$22.20	—	COM	87969n204
TRV	THE TRAVELERS COMPANIES INC	5,333	$601K	0.1%	$64.16	+38.5%	COM	89417E109
—	AEROJET ROCKETDYNE HOLDINGS IN	36,845	$576K	0.1%	$20.60	—	COM	007800105
SYY	SYSCO CORPORATION	13,495	$553K	0.1%	$26.22	+20.1%	COM	871829107
—	ACCENTURE PLC CL A	5,300	$553K	0.1%	$89.43	—	COM	G1151c101
COF	CAPITAL ONE FINANCIAL CORP	7,520	$542K	0.1%	$69.04	-7.6%	COM	14040H105
EMN	EASTMAN CHEMICAL	8,030	$542K	0.1%	$55.47	-9.3%	COM	277432100
IWM	ISHARES RUSSELL 2000 ETF	4,742	$534K	0.1%	$97.29	—	ETFS	464287655
—	GLAXOSMITHKLINE	13,192	$532K	0.1%	$45.05	—	COM	37733W105
MDLZ	MONDELEZ INTERNATIONAL INC	11,724	$525K	0.1%	$26.58	+33.5%	COM	609207105
—	VEREIT, INC	63,670	$504K	0.1%	$8.12	—	REITS	92339V100
—	INGERSOLL RAND PLC	8,948	$494K	0.1%	$55.43	—	COM	014131418
—	AON PLC	5,165	$476K	0.1%	$70.27	—	COM	037389103
NVO	NOVO NORDISK ADR	8,000	$464K	0.1%	$54.75	—	COM	670100205
TGT	TARGET	6,363	$462K	0.1%	$49.03	+12.7%	COM	87612E106
IP	INTERNATIONAL PAPER	12,123	$457K	0.1%	$28.67	-13.2%	COM	460146103
—	PENTAIR PLC F	9,030	$447K	0.1%	$65.25	—	COM	107586334
ACH	OWENS & MINOR	12,300	$442K	0.1%	$27.05	+17.1%	COM	690732102
ROK	ROCKWELL CORP.	4,293	$440K	0.1%	$67.20	+28.1%	COM	773903109
HAL	HALLIBURTON COMPANY HOLDING CO	12,820	$436K	0.1%	$33.78	-8.3%	COM	406216101
NOC	NORTHROP GRUMMAN CORP.	2,238	$422K	0.1%	$74.87	+107.9%	COM	666807102
—	VANGUARD S&P 500 INDEX ETF	2,200	$411K	0.1%	$180.45	—	ETFS	922908413
NVS	NOVARTIS AG ADR	4,688	$403K	0.1%	$76.89	—	COM	66987V109
NFLX	NETFLIX	3,500	$400K	0.1%	$10.07	+13.5%	COM	64110L106
—	W. R. GRACE	4,000	$398K	0.1%	$99.00	—	COM	38388F108
PAYX	PAYCHEX	7,462	$394K	0.1%	$30.91	+24.7%	COM	704326107
—	BLOUNT INTERNATIONAL	40,000	$392K	0.1%	$11.23	—	COM	095180105
SDY	SPDR S&P DIVIDEND ETF	4,955	$364K	0.1%	$76.14	—	ETFS	78464A763
TEVA	TEVA PHARMACEUTICAL SP ADR	5,467	$358K	0.1%	$65.48	—	COM	881624209
NSRGY	NESTLE SA ADR	4,709	$350K	0.0%	$73.33	—	COM	641069406
BWA	BORG WARNER INC	8,000	$345K	0.0%	$45.42	-29.3%	COM	099724106
IVV	ISHARES S&P 500 ETF	1,677	$343K	0.0%	$160.54	—	ETFS	464287200
DIS	WALT DISNEY CO.	3,256	$342K	0.0%	$80.19	+27.5%	COM	254687106
APD	AIR PRODUCTS & CHEMICALS	2,588	$336K	0.0%	$62.59	+56.5%	COM	009158106
WPC	WP CAREY INC	5,500	$324K	0.0%	$59.65	—	REITS	92936U109
—	TWENTY-FIRST CENTURY FOX INC	11,920	$323K	0.0%	$32.81	—	COM	90130A101
—	ALLERGAN PLC	1,021	$319K	0.0%	$312.44	—	COM	G0177J108
SGAPY	SINGAPORE TELECOMMUNICATIONS L	11,830	$304K	0.0%	$29.83	—	COM	82929R304
ITW	ILLINOIS TOOL WORKS INC	3,222	$298K	0.0%	$61.28	+16.5%	COM	452308109
—	LINEAR TECHNOLOGY CORP	7,000	$297K	0.0%	$46.71	—	COM	535678106
SIEGY	SIEMENS AG ADR	3,025	$290K	0.0%	$95.87	—	COM	826197501
ET	ENERGY TRANSFER EQUITY LP	20,946	$287K	0.0%	$37.10	—	REITS	29273V100
—	SPECTRA ENERGY CORP	11,955	$286K	0.0%	$35.58	—	COM	847560109
—	HILL-ROM HOLDINGS INC	5,912	$284K	0.0%	$41.67	—	COM	431475102
—	HILLENBRAND INC	9,486	$281K	0.0%	$29.39	—	COM	431571108
—	DENTSPLY INTERNATIONAL	4,550	$276K	0.0%	$48.35	—	COM	249030107
DE	DEERE	3,556	$271K	0.0%	$68.14	-4.5%	COM	244199105
VEA	VANGUARD MSCI EAFE ETF	7,400	$271K	0.0%	$38.82	—	ETFS	921943858
WFC	WELLS FARGO & COMPANY	4,972	$270K	0.0%	$30.90	+32.2%	COM	949746101
—	MEDTRONIC PLC	3,437	$264K	0.0%	$76.45	—	COM	585055106
KMI	KINDER MORGAN INC	17,605	$262K	0.0%	$22.58	-36.7%	COM	49456B101
BND	VANGUARD TOTAL BOND FUND ETF	3,242	$261K	0.0%	$158.32	—	ETFS	921937835
IJH	ISHARES S&P MIDCAP 400 ETF	1,865	$259K	0.0%	$115.37	—	ETFS	464287507
—	BB&T CORPORATION	6,754	$255K	0.0%	$33.83	—	COM	054937107
EQT	EQT CORP	4,895	$255K	0.0%	$37.67	-18.1%	COM	26884L109
IBB	ISHARES NASDAQ BIOTECH INDEX F	750	$253K	0.0%	$368.00	—	ETFS	464287556
—	GUGGENHEIM S&P EQUAL WEIGHT ET	3,262	$249K	0.0%	$76.33	—	ETFS	78355W106
SU	SUNCOR ENERGY, INC.	9,228	$238K	0.0%	$20.24	-4.9%	COM	867224107
—	UNITED TECHNOLOGIES	2,486	$238K	0.0%	$100.88	—	COM	913017109
—	TEKLA HEALTHCARE INV.	8,000	$237K	0.0%	$31.40	—	COM	87911J103
—	MEAD JOHNSON NUTRITION CO	2,935	$231K	0.0%	$79.05	—	COM	582839109
VWO	VANGUARD EMERGING MARKET ETF	7,067	$231K	0.0%	$39.67	—	ETFS	922042858
V	VISA INC CL A	2,972	$230K	0.0%	$66.38	+8.7%	COM	92826C839
—	TIME WARNER INC.	3,540	$228K	0.0%	$64.41	—	COM	887317303
—	ATW OCEANICS INC	22,000	$225K	0.0%	$46.96	—	COM	050095108
RHP	RYMAN HOSPITALITY PROPERTIES I	4,320	$223K	0.0%	$52.71	—	REITS	78377T107
STAG	STAG INDUSTRIAL INC	12,000	$221K	0.0%	$20.00	—	REITS	85254J102
—	SPIRIT REALTY CAPITAL INC	22,000	$220K	0.0%	$9.39	—	REITS	84860W102
NUE	NUCOR	5,264	$212K	0.0%	$32.43	0.0%	COM	670346105
—	CBL & ASSOC PROPERTIES	17,054	$210K	0.0%	$15.04	—	REITS	124830100
—	ROYAL BANCSHARES OF PENNSYLVAN	100,000	$209K	0.0%	$1.63	—	COM	780081105
MS	MORGAN STANLEY DEAN WITTER DIS	6,500	$206K	0.0%	$25.00	0.0%	COM	617446448
IFF	INTERNATIONAL FLAVORS & FRAGRA	1,710	$204K	0.0%	$90.33	0.0%	COM	459506101
—	EMERGENT CAPITAL INC	17,800	$65,000	0.0%	$5.45	—	COM	29102N105
—	PEREGRINE PHARMACEUTICALS	18,540	$21,000	0.0%	$1.22	—	COM	713661304