Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Select Sector SPDR - Technolog	233,602	$9.227M	3.1%	$33.80	—	COM	81369y803
MSFT	Microsoft Corp.	204,747	$9.062M	3.0%	$27.35	+42.3%	COM	594918104
EFA	iShares MSCI EAFE Index Fund	148,708	$8.524M	2.9%	$57.89	—	MSCI EAFE EX	464287465
—	Select Sector SPDR - Consumer	111,038	$8.246M	2.8%	$56.78	—	COM	81369y407
IAT	iShares Dow Jones US Regional	215,834	$7.28M	2.4%	$29.38	—	COM	464288778
IJH	iSHARES RUSSELL S&P 400 INDEX	50,343	$6.877M	2.3%	$116.08	—	S&P MIDCAP 400	464287507
ACWX	iShares MSCI ACWI Index Fund	167,082	$6.525M	2.2%	$41.04	—	MSCI ACWI EX	464288240
AAPL	Apple, Inc.	58,954	$6.503M	2.2%	$18.02	+45.8%	COM	037833100
HD	Home Depot, Inc.	55,146	$6.369M	2.1%	$57.02	+58.6%	COM	437076102
CSCO	Cisco Systems, Inc.	236,940	$6.22M	2.1%	$15.48	+26.5%	COM	17275R102
XLB	Select Sector SPDR - Materials	155,200	$6.196M	2.1%	$38.49	—	COM	81369Y100
BRK/B	Berkshire Hathaway, Inc.	46,940	$6.121M	2.1%	$111.92	+22.4%	COM	084670702
JNJ	Johnson & Johnson	63,627	$5.94M	2.0%	$60.55	+19.7%	COM	478160104
IWR	iSHARES RUSSELL MIDCAP	37,595	$5.848M	2.0%	$130.77	—	RUSSELL MIDCAP	464287499
JPM	J.P. Morgan Chase & Co.	89,626	$5.464M	1.8%	$36.76	+35.0%	COM	46625H100
DIS	The Walt Disney Co.	49,978	$5.108M	1.7%	$56.94	+75.2%	COM	254687106
—	General Electric Co.	195,407	$4.928M	1.7%	$23.28	—	COM	369604103
—	Select Sector SPDR - Health Ca	74,318	$4.922M	1.7%	$48.81	—	COM	81369y209
XLU	Select Sector SPDR - Utilities	112,357	$4.864M	1.6%	$37.83	—	COM	81369Y886
—	Select Sector SPDR - Financial	208,138	$4.716M	1.6%	$19.60	—	COM	81369y605
MCK	McKesson Corp.	24,820	$4.592M	1.5%	$195.59	0.0%	COM	58155Q103
VWO	Vanguard Emerging Market Fund	136,072	$4.503M	1.5%	$38.97	—	EMR MKT ETF	922042858
—	Select Sector SPDR - Consumer	95,110	$4.488M	1.5%	$40.06	—	COM	81369y308
XOM	Exxon Mobil Corp.	60,109	$4.469M	1.5%	$53.92	-9.0%	COM	30231G102
—	Ingersoll Rand PLC	87,360	$4.435M	1.5%	$50.77	—	COM	G47791101
XLI	Select Sector SPDR - Industria	88,365	$4.409M	1.5%	$42.95	—	COM	81369Y704
MDT	Medtronic, PLC	63,353	$4.241M	1.4%	$58.10	-1.9%	COM	G5960L103
KO	Coca-Cola Co.	103,398	$4.148M	1.4%	$27.88	+3.4%	COM	191216100
—	Symantec Corporation	210,605	$4.1M	1.4%	$19.47	—	COM	871503108
WFC	Wells Fargo Company	78,970	$4.055M	1.4%	$28.40	+44.7%	COM	949746101
PFE	Pfizer, Inc.	127,156	$3.994M	1.3%	$16.59	+24.2%	COM	717081103
—	Express Scripts, Inc.	48,730	$3.945M	1.3%	$83.40	—	COM	30219G108
—	Chubb Corp.	31,645	$3.881M	1.3%	$84.73	—	COM	171232101
—	Comcast Corp. Spl Cl A	67,148	$3.844M	1.3%	$40.01	—	COM	20030N200
WMT	Wal-Mart Stores, Inc.	58,722	$3.808M	1.3%	$19.98	-5.4%	COM	931142103
IYR	iShares Dow Jones US Real Esta	52,460	$3.722M	1.2%	$66.60	—	COM	464287739
—	Capital One Financial Corp.	48,348	$3.506M	1.2%	$63.03	—	COM	14040h105
PG	The Procter & Gamble Co.	45,880	$3.301M	1.1%	$55.00	+2.4%	COM	742718109
CVX	ChevronTexaco Corp.	41,790	$3.296M	1.1%	$71.17	-24.3%	COM	166764100
FDX	FedEx Corp.	22,080	$3.179M	1.1%	$83.52	+63.2%	COM	31428X106
MRK	Merck & Co., Inc.	63,305	$3.127M	1.0%	$30.13	+27.4%	COM	58933Y105
IWM	iSHARES RUSSELL 2000 INDEX	27,544	$3.008M	1.0%	$97.32	—	RUSSELL 2000	464287655
—	United Technologies Corp.	32,024	$2.85M	1.0%	$93.47	—	COM	913017109
IEO	iShare Dow Jones US Oil & Gas	50,640	$2.808M	0.9%	$72.05	—	COM	464288851
QCOM	QUALCOMM, Inc.	51,970	$2.792M	0.9%	$45.36	-2.7%	COM	747525103
IJR	iSHARES CORE S&P SMALL CAP	26,113	$2.783M	0.9%	$90.56	—	S&P SMALL CAP	464287804
GOOG	Alphabet, Inc. Cl. C	4,573	$2.782M	0.9%	$30.50	0.0%	COM	02079K107
ORCL	Oracle Corp.	76,758	$2.772M	0.9%	$27.84	+18.2%	COM	68389X105
SCZ	iShares MSCI EAFE SmallCap Ind	57,324	$2.738M	0.9%	$42.37	—	UTSER1 S&PDCRP	464288273
COST	Costco Wholesale Corp.	18,907	$2.733M	0.9%	$86.74	+37.9%	COM	22160K105
ABT	Abbott Laboratories	66,935	$2.692M	0.9%	$29.04	+33.6%	COM	002824100
MCD	McDonald's Corp.	26,797	$2.64M	0.9%	$71.75	+5.0%	COM	580135101
PEP	PepsiCo, Inc.	26,980	$2.544M	0.9%	$56.19	+23.7%	COM	713448108
VZ	Verizon Communications	57,931	$2.521M	0.8%	$27.04	-0.1%	COM	92343V104
T	AT&T Inc.	75,794	$2.469M	0.8%	$11.41	+7.5%	COM	00206R102
WHR	Whirlpool Corp.	15,880	$2.338M	0.8%	$147.55	+14.7%	COM	963320106
—	The Goldman Sachs Group, Inc.	13,225	$2.298M	0.8%	$153.03	—	COM	38141g104
GOOGL	Alphabet, Inc. Cl. A	3,521	$2.248M	0.8%	$31.95	0.0%	COM	02079K305
INTC	Intel Corp.	72,685	$2.191M	0.7%	$17.25	+31.1%	COM	458140100
BA	The Boeing Co.	16,705	$2.188M	0.7%	$81.18	+51.9%	COM	097023105
EMR	Emerson Electric Co.	49,230	$2.174M	0.7%	$40.08	-6.8%	COM	291011104
IBM	International Business Machine	14,059	$2.038M	0.7%	$118.13	-19.3%	COM	459200101
MMM	3M Co.	14,328	$2.031M	0.7%	$61.53	+42.2%	COM	88579Y101
AMGN	Amgen, Inc.	14,637	$2.025M	0.7%	$74.03	+57.0%	COM	031162100
SLB	Schlumberger Ltd.	27,749	$1.914M	0.6%	$53.14	+10.9%	COM	806857108
—	ConocoPhillips	28,295	$1.357M	0.5%	$61.27	—	COM	20825c104
OII	Oceaneering International, Inc	34,355	$1.349M	0.5%	$70.06	-40.8%	COM	675232102
BAX	Baxter International, Inc.	37,590	$1.235M	0.4%	$30.50	+5.1%	COM	071813109
—	Baxalta, Inc.	37,590	$1.184M	0.4%	$31.50	—	COM	07177M103
IWC	iShARES RUSELL MICROCAP	14,100	$983K	0.3%	$61.88	—	RSSL MCRCP IDX	464288869
EWX	SPDR S&P Emerging Markets Smal	25,173	$931K	0.3%	$44.26	—	S&P EMKTSC EFT	78463X756
—	Apache Corp.	22,390	$877K	0.3%	$79.65	—	COM	037411105
—	Atrion Corp.	2,306	$863K	0.3%	$236.44	—	COM	049904105
JBSS	John B. Sanfilippo & Sons, Inc	15,551	$797K	0.3%	$21.10	+145.0%	COM	800422107
COLM	Columbia Sportswear Co.	12,910	$759K	0.3%	$32.18	+70.8%	COM	198516106
MDY	Midcap SPDR Trust Series 1	2,900	$722K	0.2%	$210.12	—	UTSER1 S&PDCRP	78467Y107
OMCL	Omnicell, Inc.	21,900	$681K	0.2%	$20.07	+78.4%	COM	68213N109
—	Union Bankshares Corp.	27,715	$665K	0.2%	$25.26	—	COM	90539J109
WDFC	WD-40 Company	7,300	$650K	0.2%	$48.54	+52.5%	COM	929236107
BIO	Bio-Rad Laboratories, Inc.	4,700	$631K	0.2%	$119.08	+20.9%	COM	090572207
—	Atlantic Tele-Network, Inc.	8,285	$613K	0.2%	$52.67	—	COM	049079205
—	Towers Watson & Company	5,085	$597K	0.2%	$86.73	—	COM	891894107
BCPC	Balchem Corp.	9,765	$593K	0.2%	$43.56	+25.4%	COM	057665200
WEX	WEX Inc.	6,625	$575K	0.2%	$77.65	+28.3%	COM	96208T104
—	Quality Systems, Inc.	45,200	$564K	0.2%	$17.25	—	COM	747582104
WLY	John Wiley & Sons, Inc.	11,050	$553K	0.2%	$28.23	+34.4%	COM	968223206
—	American Software, Inc.	57,875	$545K	0.2%	$8.84	—	COM	029683109
PB	Prosperity Bancshares, Inc.	11,015	$541K	0.2%	$35.41	+11.1%	COM	743606105
UNF	UniFirst Corp.	4,950	$529K	0.2%	$90.80	+17.0%	COM	904708104
TNC	Tennant Company	9,390	$528K	0.2%	$42.92	+20.6%	COM	880345103
—	Consolidated Communications Ho	27,260	$525K	0.2%	$27.16	—	COM	209034107
RMCF	Rocky Mountain Chocolate Facto	44,900	$505K	0.2%	$13.90	-10.9%	COM	77467X101
CECO	CECO Environmental Corp.	60,050	$492K	0.2%	$11.61	-24.8%	COM	125141101
MSA	MSA Safety, Inc.	11,850	$474K	0.2%	$51.99	-10.5%	COM	553498106
—	Fred's Inc.	39,900	$473K	0.2%	$15.32	—	COM	356108100
FFIC	Flushing Financial Corp.	22,875	$458K	0.2%	$9.61	+33.3%	COM	343873105
—	Collectors Universe, Inc.	28,025	$423K	0.1%	$13.88	—	COM	19421R200
HWKN	Hawkins, Inc.	10,475	$403K	0.1%	$19.35	-2.3%	COM	420261109
CENT	Central Garden & Pet Co.	25,825	$400K	0.1%	$6.39	+46.9%	COM	153527106
—	Zix Corp.	91,703	$386K	0.1%	$4.20	—	COM	98974P100
HFWA	Heritage Financial Corp.	20,498	$386K	0.1%	$16.38	+10.4%	COM	42722X106
XLE	Select Sector SPDR - Energy	5,990	$367K	0.1%	$78.31	—	COM	81369Y506
—	SpartanNash Co.	10,810	$279K	0.1%	$26.13	—	COM	847215100
FBNC	First Bancorp.	16,200	$275K	0.1%	$11.08	+24.9%	COM	318910106
—	MOCON, Inc.	20,050	$271K	0.1%	$13.73	—	COM	607494101
—	West Marine, Inc.	25,900	$227K	0.1%	$10.94	—	COM	954235107
LOW	Lowe's Companies, Inc.	3,000	$207K	0.1%	$49.04	+16.1%	COM	548661107
—	Middleburg Financial Corp.	11,650	$205K	0.1%	$19.75	—	COM	596094102
MTG	MGIC Investment Corp.	19,600	$181K	0.1%	$6.59	+60.9%	COM	552848103