Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COST	Costco	6,610	$3.806M	1.8%	$88.24	+467.6%	COM	22160K105
AAPL	Apple	21,626	$3.776M	1.7%	$77.97	+111.4%	COM	037833100
TMO	Thermo Fisher Scientific	5,779	$3.413M	1.6%	$80.23	+608.1%	COM	883556102
ADM	Archer Daniels Midland	37,524	$3.387M	1.6%	$61.56	+13.1%	COM	039483102
UNH	UnitedHealth Group	6,430	$3.279M	1.5%	$164.29	+174.6%	COM	91324P102
AMZN	Amazon.com	953	$3.107M	1.4%	$19.15	+706.8%	COM	023135106
SYK	Stryker	11,438	$3.058M	1.4%	$58.86	+321.7%	COM	863667101
AXP	American Express	16,066	$3.004M	1.4%	$59.31	+189.6%	COM	025816109
CHD	Church & Dwight	30,139	$2.995M	1.4%	$36.85	+158.2%	COM	171340102
MSFT	Microsoft	9,681	$2.985M	1.4%	$26.70	+991.2%	COM	594918104
GWW	W.W. Grainger	5,709	$2.945M	1.4%	$188.99	+150.5%	COM	384802104
EW	Edwards Lifesciences	23,982	$2.823M	1.3%	$58.28	+92.5%	COM	28176E108
NVDA	Nvidia	10,201	$2.783M	1.3%	$16.45	+52.2%	COM	67066G104
AFL	AFLAC	43,058	$2.773M	1.3%	$28.81	+98.9%	COM	001055102
PEP	PepsiCo	16,543	$2.769M	1.3%	$59.69	+148.7%	COM	713448108
DHR	Danaher	9,396	$2.756M	1.3%	$29.73	+726.4%	COM	235851102
—	Visa	12,401	$2.75M	1.3%	$98.08	—	COM	92826c839
EMR	Emerson Electric	27,995	$2.745M	1.3%	$43.38	+101.6%	COM	291011104
—	Oracle Corp.	32,840	$2.717M	1.3%	$31.85	—	COM	68389x105
PG	Procter & Gamble	17,680	$2.701M	1.3%	$57.33	+147.9%	COM	742718109
ADP	Automatic Data Processing	11,811	$2.688M	1.2%	$47.72	+312.6%	COM	053015103
ITW	Illinois Tool Works	12,716	$2.663M	1.2%	$55.95	+264.0%	COM	452308109
APH	Amphenol	34,312	$2.585M	1.2%	$20.85	+79.0%	COM	032095101
BALL	Ball Corp.	28,605	$2.574M	1.2%	$27.97	+208.2%	COM	058498106
CTSH	Cognizant Tech	28,477	$2.554M	1.2%	$40.15	+105.4%	COM	192446102
WMT	Walmart	17,031	$2.536M	1.2%	$23.70	+88.2%	COM	931142103
CSL	Carlisle	10,304	$2.534M	1.2%	$65.02	+244.6%	COM	142339100
DLTR	Dollar Tree	15,634	$2.504M	1.2%	$84.29	+67.8%	COM	256746108
CVX	Chevron Corp.	15,221	$2.478M	1.1%	$77.12	+59.2%	COM	166764100
JPM	J.P. Morgan Chase	17,951	$2.447M	1.1%	$39.44	+238.9%	COM	46625H100
MCD	McDonalds	9,816	$2.427M	1.1%	$97.11	+134.6%	COM	580135101
EXPD	Expeditors Int'l	23,363	$2.41M	1.1%	$66.24	+58.7%	COM	302130109
ORLY	O'Reilly Auto	3,499	$2.397M	1.1%	$9.73	+359.2%	COM	67103H107
—	AbbVie	14,620	$2.37M	1.1%	$105.45	—	COM	00287y109
AMGN	Amgen	9,766	$2.362M	1.1%	$79.48	+155.8%	COM	031162100
FISV	Fiserv	23,163	$2.349M	1.1%	$46.82	+116.2%	COM	337738108
CVS	CVS Health	23,127	$2.341M	1.1%	$50.98	+80.5%	COM	126650100
BDX	Becton Dickinson	8,734	$2.323M	1.1%	$108.04	+123.1%	COM	075887109
JNJ	Johnson & Johnson	12,705	$2.252M	1.0%	$63.29	+139.9%	COM	478160104
CSCO	Cisco Systems	40,356	$2.25M	1.0%	$20.57	+144.4%	COM	17275R102
—	Alphabet Class A	799	$2.222M	1.0%	$777.78	—	COM	02079k305
APD	Air Products & Chem.	8,663	$2.165M	1.0%	$118.55	+95.6%	COM	009158106
—	NextEra Energy	25,435	$2.155M	1.0%	$78.75	—	COM	65339f101
DIS	Walt Disney	15,553	$2.133M	1.0%	$61.26	+130.6%	COM	254687106
—	Cerner	22,641	$2.118M	1.0%	$59.52	—	COM	156782104
NKE	Nike	15,692	$2.111M	1.0%	$41.89	+215.0%	COM	654106103
FAST	Fastenal Co.	35,481	$2.108M	1.0%	$14.01	+81.4%	COM	311900104
NOC	Northrop Grumman	4,708	$2.105M	1.0%	$140.13	+176.6%	COM	666807102
AA	Alcoa	23,303	$2.098M	1.0%	$34.80	+99.9%	COM	013872106
SHW	Sherwin-Williams	8,260	$2.062M	1.0%	$198.20	+34.5%	COM	824348106
ABT	Abbott Laboratories	17,358	$2.054M	1.0%	$33.03	+249.3%	COM	002824100
CL	Colgate Palmolive	25,832	$1.959M	0.9%	$46.53	+55.4%	COM	194162103
BMY	Bristol-Myers Squibb	25,564	$1.867M	0.9%	$44.42	+28.0%	COM	110122108
ECL	Ecolab	10,439	$1.843M	0.9%	$77.69	+131.1%	COM	278865100
FDS	Factset Research	4,162	$1.807M	0.8%	$156.25	+160.1%	COM	303075105
GPC	Genuine Parts	13,732	$1.731M	0.8%	$64.31	+80.5%	COM	372460105
TSCO	Tractor Supply Co.	7,363	$1.718M	0.8%	$33.31	+23.9%	COM	892356106
LOW	Lowes	8,276	$1.673M	0.8%	$46.18	+362.0%	COM	548661107
HON	Honeywell	8,473	$1.649M	0.8%	$64.54	+163.9%	COM	438516106
INTU	Intuit	3,402	$1.636M	0.8%	$91.87	+443.7%	COM	461202103
VZ	Verizon	31,873	$1.624M	0.8%	$30.97	+34.0%	COM	92343V104
AVY	Avery Dennison	9,243	$1.608M	0.7%	$83.52	+107.6%	COM	053611109
SJM	J.M. Smucker	11,755	$1.592M	0.7%	$95.56	+25.1%	COM	832696405
—	Booking Holdings	665	$1.562M	0.7%	$2091.93	—	COM	09857l108
ROP	Roper Technologies	3,293	$1.555M	0.7%	$118.61	+270.3%	COM	776696106
—	Verisk Analytics	7,124	$1.529M	0.7%	$200.74	—	COM	92345y106
DOV	Dover	9,464	$1.485M	0.7%	$41.41	+276.8%	COM	260003108
MMM	3M Co.	9,942	$1.48M	0.7%	$74.78	+53.3%	COM	88579Y101
—	D.R. Horton	19,568	$1.458M	0.7%	$36.92	—	COM	23331a109
IDXX	IDEXX Laboratories	2,665	$1.458M	0.7%	$83.49	+530.0%	COM	45168D104
TXN	Texas Instruments	7,910	$1.451M	0.7%	$26.44	+495.0%	COM	882508104
HD	Home Depot	4,775	$1.429M	0.7%	$69.06	+354.7%	COM	437076102
SNA	Snap-on	6,942	$1.426M	0.7%	$145.68	+30.7%	COM	833034101
—	Alphabet Class C	489	$1.366M	0.6%	$758.90	—	COM	02079k107
—	Lam Research	2,526	$1.358M	0.6%	$431.56	—	COM	512807108
SBUX	Starbucks	14,580	$1.326M	0.6%	$41.19	+108.6%	COM	855244109
COR	AmerisourceBergen	8,532	$1.32M	0.6%	$50.09	+171.9%	COM	03073E105
META	Meta Platforms	5,612	$1.248M	0.6%	$110.03	+125.6%	COM	30303M102
—	EOG Resources	10,355	$1.235M	0.6%	$57.97	—	COM	26875p101
CTAS	Cintas	2,863	$1.218M	0.6%	$62.51	+50.2%	COM	172908105
CLX	Clorox	8,726	$1.213M	0.6%	$98.34	+37.0%	COM	189054109
ADI	Analog Devices	7,269	$1.201M	0.6%	$62.50	+142.0%	COM	032654105
—	Freeport-McMoRan	23,999	$1.194M	0.6%	$41.75	—	COM	35671d857
AMD	Advanced Micro	10,845	$1.186M	0.5%	$41.94	+184.7%	COM	007903107
INTC	Intel	23,494	$1.164M	0.5%	$43.52	+6.1%	COM	458140100
XOM	ExxonMobil	13,921	$1.15M	0.5%	$53.36	+27.2%	COM	30231G102
GIS	General Mills	16,777	$1.136M	0.5%	$38.70	+51.9%	COM	370334104
—	Medtronic	9,696	$1.076M	0.5%	$87.56	—	COM	g5960l103
LMT	Lockheed Martin	2,297	$1.014M	0.5%	$170.54	+114.1%	COM	539830109
UPS	United Parcel Service Cl B	4,555	$977K	0.5%	$93.22	+90.1%	COM	911312106
—	Check Point Software	6,820	$943K	0.4%	$107.97	—	COM	m22465104
LLY	Eli Lilly	3,290	$942K	0.4%	$45.17	+450.2%	COM	532457108
ED	Consolidated Edison	9,555	$905K	0.4%	$69.95	+8.1%	COM	209115104
PYPL	PayPal	7,621	$881K	0.4%	$37.64	+252.8%	COM	70450Y103
KMB	Kimberly Clark	7,038	$867K	0.4%	$90.35	+26.2%	COM	494368103
—	ConocoPhillips	8,423	$842K	0.4%	$78.11	—	COM	20825c104
AKAM	Akamai Technologies	6,927	$827K	0.4%	$103.88	+8.0%	COM	00971T101
—	Truist Financial	14,383	$816K	0.4%	$55.26	—	COM	89832q109
DE	Deere	1,948	$809K	0.4%	$83.24	+336.1%	COM	244199105
—	Raytheon Technologies	8,134	$806K	0.4%	$61.65	—	COM	75513e101
SWK	Stanley Black & Decker	5,703	$797K	0.4%	$112.77	+26.3%	COM	854502101
—	Adobe Systems	1,682	$766K	0.4%	$513.16	—	COM	00724f101
—	Constellation Brands	3,288	$757K	0.4%	$194.56	—	COM	21036p108
VMC	Vulcan Materials	3,446	$633K	0.3%	$119.61	+51.2%	COM	929160109
—	Valero Energy Corp	6,209	$630K	0.3%	$62.14	—	COM	91913y100
—	Amcor PLC	54,283	$615K	0.3%	$11.47	—	COM	g0250x107
—	Salesforce	2,871	$610K	0.3%	$223.46	—	COM	79466l302
MDLZ	Mondelez International	9,515	$597K	0.3%	$50.13	+17.0%	COM	609207105
—	Globe Life	5,435	$547K	0.3%	$96.47	—	COM	37959e102
MTD	Mettler-Toledo Int'l	383	$526K	0.2%	$671.83	+114.8%	COM	592688105
IBM	IBM	4,035	$525K	0.2%	$109.85	+2.0%	COM	459200101
DCI	Donaldson	10,095	$524K	0.2%	$32.68	+56.4%	COM	257651109
MKC	McCormick	4,978	$497K	0.2%	$63.03	+42.1%	COM	579780206
—	Activision Blizzard	5,902	$473K	0.2%	$87.89	—	COM	00507v109
PFE	Pfizer	8,702	$451K	0.2%	$27.16	+56.4%	COM	717081103
CCK	Crown Holdings	3,524	$441K	0.2%	$103.20	+9.8%	COM	228368106
MS	Morgan Stanley	4,961	$434K	0.2%	$52.73	+60.5%	COM	617446448
CAT	Caterpillar	1,914	$426K	0.2%	$133.40	+46.5%	COM	149123101
—	Netflix	1,034	$387K	0.2%	$491.58	—	COM	64110l106
PCAR	PACCAR Inc.	4,101	$361K	0.2%	$36.44	+43.9%	COM	693718108
LUV	Southwest Airlines	7,674	$351K	0.2%	$40.90	0.0%	COM	844741108
RMD	ResMed	1,430	$347K	0.2%	$192.34	+21.5%	COM	761152107
FITB	Fifth Third Bancorp	8,030	$346K	0.2%	$15.37	+159.5%	COM	316773100
—	Principal Financial Group	4,531	$333K	0.2%	$61.19	—	COM	74251v102
—	Mastercard	923	$330K	0.2%	$200.52	—	COM	57636q104
F	Ford Motor Company	19,321	$327K	0.2%	$14.00	+3.9%	COM	345370860
—	ITT Corporation	4,336	$326K	0.2%	$58.80	—	COM	45073v108
SO	Southern Company	4,205	$305K	0.1%	$54.69	+7.3%	COM	842587107
—	Merck	3,507	$288K	0.1%	$77.28	—	COM	58933y105
CI	Cigna	1,195	$286K	0.1%	$169.75	+28.6%	COM	125523100
—	Duke Energy	2,547	$284K	0.1%	$81.19	—	COM	26441c204
—	DuPont	3,650	$269K	0.1%	$80.71	—	COM	26614n102
—	GlaxoSmithkline PLC	5,950	$259K	0.1%	$38.34	—	COM	37733W105
—	Kronos Worldwide	16,630	$258K	0.1%	$14.04	—	COM	50105f105
MAR	Marriott Intl. Class A	1,467	$258K	0.1%	$152.50	+5.1%	COM	571903202
PRU	Prudential	2,114	$250K	0.1%	$83.83	+12.3%	COM	744320102
—	Quest Diagnostics	1,782	$244K	0.1%	$113.76	—	COM	74834l100
SYY	Sysco	2,892	$236K	0.1%	$60.02	+21.0%	COM	871829107
GGG	Graco Inc.	3,375	$235K	0.1%	$62.71	+9.1%	COM	384109104
WMB	Williams Companies	6,950	$232K	0.1%	$25.54	0.0%	COM	969457100
BA	Boeing	1,202	$230K	0.1%	$141.82	+41.5%	COM	097023105
—	Signature Bank	776	$228K	0.1%	$293.81	—	COM	82669g104
UNM	Unum Group	7,084	$223K	0.1%	$27.94	0.0%	COM	91529Y106
—	AT&T	9,273	$219K	0.1%	$34.63	—	COM	00206r102
HRB	H & R Block	8,160	$212K	0.1%	$21.58	0.0%	COM	093671105
TGT	Target	987	$209K	0.1%	$219.90	-13.0%	COM	87612E106
—	Dominion Energy	2,392	$203K	0.1%	$76.21	—	COM	25746u109