Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CTSH	Cognizant Tech	48,346	$2.446M	1.6%	$50.59 *	$36.71	+22.2%	COM	192446102
TMO	Thermo Fisher Scientific	20,057	$2.412M	1.6%	$120.26 *	$79.76	+45.3%	COM	883556102
—	Google Class A	2,126	$2.369M	1.6%	$1114.30	$880.18	—	COM	38259P508
—	United Technologies	20,179	$2.358M	1.6%	$116.85	$92.93	—	COM	913017109
SYK	Stryker	28,806	$2.347M	1.5%	$81.48 *	$56.92	+24.7%	COM	863667101
JPM	J.P. Morgan Chase	38,554	$2.341M	1.5%	$60.72 *	$36.24	+22.0%	COM	46625H100
—	Visa	10,648	$2.298M	1.5%	$215.82	$182.78	—	COM	92826c839
—	Oracle Corp.	56,168	$2.298M	1.5%	$40.91	$30.81	—	COM	68389x105
AXP	American Express	25,299	$2.278M	1.5%	$90.04 *	$59.62	+27.7%	COM	025816109
JNJ	Johnson & Johnson	23,100	$2.269M	1.5%	$98.23 *	$59.66	+18.8%	COM	478160104
ECL	Ecolab	20,955	$2.263M	1.5%	$107.99 *	$73.48	+29.2%	COM	278865100
—	Walgreen	34,059	$2.249M	1.5%	$66.03	$44.20	—	COM	931422109
XOM	ExxonMobil	22,912	$2.238M	1.5%	$97.68 *	$53.69	+11.2%	COM	30231G102
CL	Colgate Palmolive	34,308	$2.226M	1.5%	$64.88 *	$44.38	+11.2%	COM	194162103
SLB	Schlumberger Ltd.	22,832	$2.226M	1.5%	$97.49 *	$53.04	+33.3%	COM	806857108
FISV	Fiserv	38,946	$2.208M	1.5%	$56.69 *	$24.54	+15.5%	COM	337738108
ITW	Illinois Tool Works	27,076	$2.202M	1.4%	$81.33 *	$49.85	+24.2%	COM	452308109
—	Sigma-Aldrich Corp.	22,993	$2.147M	1.4%	$93.38	$80.43	—	COM	826552101
CHD	Church & Dwight	31,061	$2.145M	1.4%	$69.06 *	$26.18	+12.3%	COM	171340102
AMGN	Amgen	17,341	$2.139M	1.4%	$123.35 *	$73.34	+20.8%	COM	031162100
—	Express Scripts	28,360	$2.13M	1.4%	$75.11	$61.73	—	COM	30219g108
PEP	PepsiCo	25,488	$2.128M	1.4%	$83.49 *	$56.00	+4.9%	COM	713448108
AFL	AFLAC	33,584	$2.117M	1.4%	$63.04 *	$20.11	+18.6%	COM	001055102
DIS	Walt Disney	26,406	$2.114M	1.4%	$80.06 *	$56.27	+27.9%	COM	254687106
BALL	Ball Corp.	38,545	$2.113M	1.4%	$54.82 *	$19.77	+23.2%	COM	058498106
PG	Procter & Gamble	25,925	$2.09M	1.4%	$80.62 *	$55.00	+5.3%	COM	742718109
GIS	General Mills	39,832	$2.064M	1.4%	$51.82 *	$31.98	+7.9%	COM	370334104
—	Allergan, Inc.	16,224	$2.013M	1.3%	$124.08	$84.21	—	COM	018490102
NKE	Nike	26,914	$1.988M	1.3%	$73.86 *	$26.77	+19.1%	COM	654106103
EMR	Emerson Electric	29,631	$1.979M	1.3%	$66.79 *	$40.02	+21.6%	COM	291011104
CVX	Chevron Corp.	16,634	$1.978M	1.3%	$118.91 *	$71.28	+1.4%	COM	166764100
COST	Costco	17,432	$1.947M	1.3%	$111.69 *	$86.56	+3.1%	COM	22160K105
WMT	Wal-Mart	25,191	$1.925M	1.3%	$76.42 *	$19.98	+1.5%	COM	931142103
MCD	McDonalds	19,581	$1.92M	1.3%	$98.05 *	$71.78	+0.9%	COM	580135101
DOV	Dover	23,408	$1.914M	1.3%	$81.77 *	$39.99	+34.0%	COM	260003108
MMM	3M Co.	14,023	$1.902M	1.3%	$135.63 *	$61.26	+27.5%	COM	88579Y101
QCOM	Qualcomm	23,735	$1.872M	1.2%	$78.87 *	$46.44	+22.2%	COM	747525103
ADP	Automatic Data Processing	23,348	$1.804M	1.2%	$77.27 *	$45.09	+16.4%	COM	053015103
IBM	IBM	9,175	$1.766M	1.2%	$192.48 *	$118.94	-3.8%	COM	459200101
—	C.R. Bard	11,719	$1.734M	1.1%	$147.96	$108.70	—	COM	067383109
MSFT	Microsoft	41,234	$1.69M	1.1%	$40.99 *	$26.70	+28.3%	COM	594918104
—	AT&T	48,074	$1.686M	1.1%	$35.07	$35.41	—	COM	00206r102
—	NextEra Energy	17,518	$1.675M	1.1%	$95.62	$82.18	—	COM	65339f101
AMZN	Amazon.com	4,797	$1.614M	1.1%	$336.46 *	$13.37	+25.8%	COM	023135106
—	Anadarko Petroleum	18,405	$1.56M	1.0%	$84.76	$85.79	—	COM	032511107
—	ConocoPhillips	21,898	$1.541M	1.0%	$70.37	$61.16	—	COM	20825c104
CSL	Carlisle	19,319	$1.533M	1.0%	$79.35 *	$55.89	+22.5%	COM	142339100
—	Cerner	27,187	$1.529M	1.0%	$56.24	$59.61	—	COM	156782104
APH	Amphenol	16,646	$1.526M	1.0%	$91.67 *	$8.50	+20.6%	COM	032095101
—	Actavis	7,407	$1.525M	1.0%	$205.89	$169.64	—	COM	g0083b108
COR	AmerisourceBergen	23,120	$1.516M	1.0%	$65.57 *	$38.92	+22.4%	COM	03073E105
GWW	W.W. Grainger	5,828	$1.473M	1.0%	$252.75 *	$202.37	+3.0%	COM	384802104
—	AGL Resources	29,426	$1.441M	0.9%	$48.97	$42.92	—	COM	001204106
DHR	Danaher	18,847	$1.414M	0.9%	$75.03 *	$25.01	+22.0%	COM	235851102
LOW	Lowes	28,832	$1.41M	0.9%	$48.90 *	$32.23	+22.8%	COM	548661107
WFC	Wells Fargo	27,715	$1.379M	0.9%	$49.76 *	$28.58	+25.2%	COM	949746101
CVS	CVS/Caremark	17,862	$1.337M	0.9%	$74.85 *	$41.44	+30.8%	COM	126650100
—	Stericycle	11,660	$1.325M	0.9%	$113.64	$110.98	—	COM	858912108
VZ	Verizon	25,346	$1.206M	0.8%	$47.58 *	$27.04	-3.7%	COM	92343V104
CLX	Clorox	13,633	$1.2M	0.8%	$88.02 *	$60.00	+5.0%	COM	189054109
BDX	Becton Dickinson	10,041	$1.176M	0.8%	$117.12 *	$78.11	+22.0%	COM	075887109
NOC	Northrop Grumman	9,421	$1.162M	0.8%	$123.34 *	$62.64	+62.0%	COM	666807102
—	Royal Dutch Shell 'A'	15,852	$1.158M	0.8%	$73.05	$64.02	—	COM	780259206
GPC	Genuine Parts	12,900	$1.12M	0.7%	$86.82 *	$54.12	+14.8%	COM	372460105
TGT	Target	18,436	$1.116M	0.7%	$60.53 *	$47.95	-11.0%	COM	87612E106
CSCO	Cisco Systems	49,525	$1.11M	0.7%	$22.41 *	$15.24	+1.9%	COM	17275R102
AAPL	Apple	2,039	$1.094M	0.7%	$536.54 *	$13.16	+27.3%	COM	037833100
—	Coach	21,485	$1.067M	0.7%	$49.66	$54.51	—	COM	189754104
ROP	Roper Industries	7,891	$1.054M	0.7%	$133.57 *	$113.55	+9.5%	COM	776696106
ORLY	O'Reilly Auto	6,930	$1.028M	0.7%	$148.34 *	$7.19	+37.5%	COM	67103H107
TXN	Texas Instruments	21,518	$1.015M	0.7%	$47.17 *	$25.31	+35.1%	COM	882508104
EBAY	Ebay	17,867	$987K	0.6%	$55.24 *	$19.76	+4.7%	COM	278642103
—	Baker Hughes	15,093	$981K	0.6%	$65.00	$46.12	—	COM	057224107
—	EMC	35,040	$960K	0.6%	$27.40	$23.62	—	COM	268648102
INTU	Intuit	12,050	$937K	0.6%	$77.76 *	$54.39	+29.6%	COM	461202103
NVO	Novo Nordisk	19,775	$903K	0.6%	$45.66	$33.33	+37.0%	COM	670100205
LMT	Lockheed Martin	5,410	$883K	0.6%	$163.22 *	$77.15	+53.5%	COM	539830109
ABT	Abbott Laboratories	21,927	$844K	0.6%	$38.49 *	$28.77	+6.8%	COM	002824100
SHW	Sherwin-Williams	4,269	$842K	0.6%	$197.24 *	$53.48	+10.0%	COM	824348106
UNH	UnitedHealth Group	10,215	$838K	0.6%	$82.04 *	$50.75	+33.7%	COM	91324P102
SO	Southern Company	18,375	$807K	0.5%	$43.92 *	$25.94	+2.5%	COM	842587107
HON	Honeywell	8,567	$795K	0.5%	$92.80 *	$53.13	+23.0%	COM	438516106
—	Dominion Resources	10,610	$753K	0.5%	$70.97	$56.86	—	COM	25746u109
—	St. Jude Medical	11,465	$750K	0.5%	$65.42	$45.63	—	COM	790849103
FAST	Fastenal Co.	15,036	$741K	0.5%	$49.28 *	$8.84	+2.3%	COM	311900104
—	Jacobs Engineering	11,612	$737K	0.5%	$63.47	$55.19	—	COM	469814107
BUD	Anheuser-Busch InBev	6,930	$730K	0.5%	$105.34	$95.27	+10.5%	COM	03524A108
DCI	Donaldson	17,020	$722K	0.5%	$42.42 *	$29.49	+18.2%	COM	257651109
DLTR	Dollar Tree	13,682	$714K	0.5%	$52.19	$48.85	+6.8%	COM	256746108
HD	Home Depot	8,751	$692K	0.5%	$79.08 *	$59.51	+1.1%	COM	437076102
—	Chicago Bridge & Iron	7,540	$657K	0.4%	$87.14	$59.68	—	COM	167250109
APD	Air Products & Chem.	5,390	$642K	0.4%	$119.11 *	$61.55	+34.5%	COM	009158106
SBUX	Starbucks	7,739	$568K	0.4%	$73.39 *	$27.13	+7.3%	COM	855244109
—	Bemis	14,290	$561K	0.4%	$39.26	$39.11	—	COM	081437105
—	Unilever N.V.	13,402	$551K	0.4%	$41.11	$39.28	—	COM	904784709
LLY	Eli Lilly	9,305	$548K	0.4%	$58.89 *	$44.54	+5.9%	COM	532457108
EW	Edwards Lifesciences	7,295	$541K	0.4%	$74.16 *	$11.54	+7.1%	COM	28176E108
MAR	Marriott Intl. Class A	8,874	$497K	0.3%	$56.01 *	$36.65	+36.0%	COM	571903202
—	BB&T Corp.	11,860	$476K	0.3%	$40.13	$33.97	—	COM	054937107
MKC	McCormick	6,535	$469K	0.3%	$71.77 *	$28.19	+1.3%	COM	579780206
BIIB	Biogen IDEC Inc.	1,412	$432K	0.3%	$305.95	$237.32	+28.9%	COM	09062X103
—	Varian Med Sys Inc	5,020	$422K	0.3%	$84.06	$67.66	—	COM	92220P105
DE	Deere	4,460	$405K	0.3%	$90.81 *	$68.04	+7.5%	COM	244199105
—	Praxair	3,073	$402K	0.3%	$130.82	$117.22	—	COM	74005P104
—	Freeport-McMoRan	11,625	$384K	0.3%	$33.03	$30.03	—	COM	35671d857
SJM	J.M. Smucker	3,730	$363K	0.2%	$97.32 *	$70.84	-2.6%	COM	832696405
FDX	FedEx	2,712	$360K	0.2%	$132.74 *	$81.95	+37.2%	COM	31428X106
FDS	Factset Research	3,255	$351K	0.2%	$107.83 *	$83.78	+13.7%	COM	303075105
KMB	Kimberly Clark	2,610	$288K	0.2%	$110.34 *	$63.06	+12.9%	COM	494368103
—	General Electric	10,038	$260K	0.2%	$25.90	$23.14	—	COM	369604103
—	Knowles	7,378	$233K	0.2%	$31.58	$31.58	—	COM	49926d109
—	GlaxoSmithkline PLC	4,210	$225K	0.1%	$53.44	$53.44	—	COM	37733W105
—	Whole Foods Market	4,340	$220K	0.1%	$50.69	$50.69	—	COM	966837106