Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UNH	UnitedHealth Group	6,364	$3.269M	1.8%	$164.29	+186.7%	COM	91324P102
TMO	Thermo Fisher Scientific	5,701	$3.097M	1.7%	$80.23	+578.9%	COM	883556102
COST	Costco	6,406	$3.07M	1.7%	$88.24	+449.6%	COM	22160K105
AAPL	Apple	21,723	$2.97M	1.6%	$77.97	+90.6%	COM	037833100
ADM	Archer Daniels Midland	36,196	$2.809M	1.5%	$61.56	+27.5%	COM	039483102
CHD	Church & Dwight	29,759	$2.758M	1.5%	$36.85	+145.5%	COM	171340102
PEP	PepsiCo	16,230	$2.705M	1.5%	$59.69	+151.0%	COM	713448108
PG	Procter & Gamble	17,870	$2.57M	1.4%	$58.18	+136.0%	COM	742718109
GWW	W.W. Grainger	5,483	$2.492M	1.3%	$188.99	+148.4%	COM	384802104
—	Visa	12,591	$2.479M	1.3%	$99.57	—	COM	92826c839
MSFT	Microsoft	9,649	$2.478M	1.3%	$26.70	+886.5%	COM	594918104
ADP	Automatic Data Processing	11,545	$2.425M	1.3%	$47.72	+324.3%	COM	053015103
MCD	McDonalds	9,759	$2.409M	1.3%	$97.11	+133.1%	COM	580135101
DHR	Danaher	9,339	$2.368M	1.3%	$29.73	+660.9%	COM	235851102
AFL	AFLAC	42,523	$2.353M	1.3%	$28.81	+88.7%	COM	001055102
AMGN	Amgen	9,653	$2.348M	1.3%	$79.48	+175.0%	COM	031162100
ITW	Illinois Tool Works	12,647	$2.305M	1.2%	$55.95	+227.1%	COM	452308109
—	Oracle Corp.	32,825	$2.293M	1.2%	$31.85	—	COM	68389x105
CSL	Carlisle	9,583	$2.287M	1.2%	$65.02	+267.1%	COM	142339100
CVX	Chevron Corp.	15,726	$2.277M	1.2%	$79.23	+80.1%	COM	166764100
EXPD	Expeditors Int'l	23,352	$2.276M	1.2%	$66.24	+47.7%	COM	302130109
SYK	Stryker	11,413	$2.27M	1.2%	$58.86	+283.8%	COM	863667101
EW	Edwards Lifesciences	23,848	$2.268M	1.2%	$58.28	+77.6%	COM	28176E108
DLTR	Dollar Tree	14,365	$2.239M	1.2%	$84.29	+88.0%	COM	256746108
JNJ	Johnson & Johnson	12,535	$2.225M	1.2%	$63.29	+152.7%	COM	478160104
EMR	Emerson Electric	27,805	$2.212M	1.2%	$43.38	+88.8%	COM	291011104
—	AbbVie	14,362	$2.2M	1.2%	$105.45	—	COM	00287y109
AXP	American Express	15,841	$2.196M	1.2%	$59.31	+165.7%	COM	025816109
BDX	Becton Dickinson	8,901	$2.194M	1.2%	$110.49	+115.8%	COM	075887109
APH	Amphenol	33,916	$2.184M	1.2%	$20.85	+61.1%	COM	032095101
ORLY	O'Reilly Auto	3,446	$2.177M	1.2%	$9.73	+342.3%	COM	67103H107
CVS	CVS Health	22,894	$2.121M	1.1%	$50.98	+68.5%	COM	126650100
FISV	Fiserv	23,799	$2.117M	1.1%	$48.16	+101.4%	COM	337738108
JPM	J.P. Morgan Chase	18,776	$2.114M	1.1%	$42.67	+164.9%	COM	46625H100
NOC	Northrop Grumman	4,384	$2.098M	1.1%	$140.13	+208.9%	COM	666807102
CL	Colgate Palmolive	26,155	$2.096M	1.1%	$46.85	+53.3%	COM	194162103
AMZN	Amazon.com	19,647	$2.087M	1.1%	$119.99	+4.3%	COM	023135106
WMT	Walmart	17,151	$2.085M	1.1%	$23.70	+85.8%	COM	931142103
APD	Air Products & Chem.	8,608	$2.07M	1.1%	$118.55	+86.3%	COM	009158106
BALL	Ball Corp.	29,983	$2.062M	1.1%	$29.99	+140.3%	COM	058498106
BMY	Bristol-Myers Squibb	25,826	$1.989M	1.1%	$44.62	+45.6%	COM	110122108
CTSH	Cognizant Tech	28,283	$1.909M	1.0%	$40.15	+79.5%	COM	192446102
—	NextEra Energy	24,520	$1.899M	1.0%	$78.75	—	COM	65339f101
ABT	Abbott Laboratories	17,268	$1.876M	1.0%	$33.03	+221.2%	COM	002824100
SHW	Sherwin-Williams	8,150	$1.825M	1.0%	$198.20	+25.2%	COM	824348106
GPC	Genuine Parts	13,433	$1.787M	1.0%	$64.31	+87.1%	COM	372460105
—	Alphabet Class A	811	$1.767M	1.0%	$798.51	—	COM	02079k305
CSCO	Cisco Systems	40,521	$1.728M	0.9%	$20.57	+108.1%	COM	17275R102
FAST	Fastenal Co.	34,551	$1.725M	0.9%	$14.01	+75.8%	COM	311900104
VZ	Verizon	32,570	$1.653M	0.9%	$31.17	+28.7%	COM	92343V104
FDS	Factset Research	4,121	$1.585M	0.9%	$156.25	+141.8%	COM	303075105
ECL	Ecolab	10,281	$1.581M	0.9%	$77.69	+104.7%	COM	278865100
NVDA	Nvidia	10,070	$1.526M	0.8%	$16.45	+14.5%	COM	67066G104
NKE	Nike	14,263	$1.458M	0.8%	$41.89	+165.7%	COM	654106103
HON	Honeywell	8,313	$1.445M	0.8%	$64.54	+157.7%	COM	438516106
AVY	Avery Dennison	8,928	$1.445M	0.8%	$83.52	+91.6%	COM	053611109
SJM	J.M. Smucker	11,145	$1.427M	0.8%	$95.56	+23.2%	COM	832696405
LOW	Lowes	8,148	$1.423M	0.8%	$46.18	+288.8%	COM	548661107
SNA	Snap-on	7,116	$1.402M	0.8%	$146.86	+31.8%	COM	833034101
MMM	3M Co.	10,675	$1.381M	0.7%	$76.86	+36.9%	COM	88579Y101
HD	Home Depot	4,849	$1.33M	0.7%	$72.11	+273.0%	COM	437076102
DIS	Walt Disney	14,009	$1.322M	0.7%	$61.26	+77.0%	COM	254687106
TSCO	Tractor Supply Co.	6,810	$1.32M	0.7%	$33.31	+14.4%	COM	892356106
INTU	Intuit	3,384	$1.304M	0.7%	$91.87	+340.3%	COM	461202103
ROP	Roper Technologies	3,299	$1.302M	0.7%	$118.61	+258.3%	COM	776696106
—	D.R. Horton	19,396	$1.284M	0.7%	$36.92	—	COM	23331a109
XOM	ExxonMobil	14,406	$1.234M	0.7%	$54.25	+46.7%	COM	30231G102
CLX	Clorox	8,703	$1.227M	0.7%	$98.34	+28.7%	COM	189054109
TXN	Texas Instruments	7,975	$1.225M	0.7%	$26.44	+471.1%	COM	882508104
GIS	General Mills	15,922	$1.201M	0.6%	$38.70	+59.8%	COM	370334104
IDXX	IDEXX Laboratories	3,363	$1.18M	0.6%	$150.80	+170.4%	COM	45168D104
COR	AmerisourceBergen	8,339	$1.18M	0.6%	$50.09	+194.8%	COM	03073E105
—	EOG Resources	10,466	$1.156M	0.6%	$58.52	—	COM	26875p101
—	Booking Holdings	658	$1.151M	0.6%	$2091.93	—	COM	09857l108
DOV	Dover	9,444	$1.146M	0.6%	$41.41	+211.7%	COM	260003108
CTAS	Cintas	3,006	$1.123M	0.6%	$64.02	+47.3%	COM	172908105
ADI	Analog Devices	7,519	$1.098M	0.6%	$65.33	+126.0%	COM	032654105
—	Lam Research	2,570	$1.095M	0.6%	$431.47	—	COM	512807108
SBUX	Starbucks	14,045	$1.073M	0.6%	$41.19	+70.8%	COM	855244109
AA	Alcoa	23,513	$1.072M	0.6%	$34.80	+78.8%	COM	013872106
—	Alphabet Class C	490	$1.072M	0.6%	$758.90	—	COM	02079k107
LMT	Lockheed Martin	2,388	$1.027M	0.6%	$179.20	+122.0%	COM	539830109
LLY	Eli Lilly	2,977	$965K	0.5%	$45.17	+544.1%	COM	532457108
META	Meta Platforms	5,640	$909K	0.5%	$110.03	+74.1%	COM	30303M102
ED	Consolidated Edison	9,534	$907K	0.5%	$69.95	+20.1%	COM	209115104
UPS	United Parcel Service Cl B	4,940	$902K	0.5%	$97.91	+56.6%	COM	911312106
—	Constellation Brands	3,773	$879K	0.5%	$199.50	—	COM	21036p108
—	Medtronic	9,706	$871K	0.5%	$87.56	—	COM	g5960l103
—	Check Point Software	6,780	$826K	0.4%	$107.97	—	COM	m22465104
AMD	Advanced Micro	10,775	$824K	0.4%	$41.94	+123.2%	COM	007903107
KMB	Kimberly Clark	5,923	$800K	0.4%	$90.35	+27.0%	COM	494368103
VMC	Vulcan Materials	5,549	$789K	0.4%	$135.07	+18.8%	COM	929160109
—	Valero Energy Corp	7,293	$775K	0.4%	$68.70	—	COM	91913y100
INTC	Intel	20,503	$767K	0.4%	$43.52	-6.7%	COM	458140100
—	Raytheon Technologies	7,936	$763K	0.4%	$61.65	—	COM	75513e101
—	Freeport-McMoRan	24,494	$717K	0.4%	$41.50	—	COM	35671d857
—	Adobe Systems	1,948	$713K	0.4%	$493.07	—	COM	00724f101
—	ConocoPhillips	7,597	$682K	0.4%	$78.11	—	COM	20825c104
—	Verisk Analytics	3,877	$671K	0.4%	$200.74	—	COM	92345y106
LUV	Southwest Airlines	18,531	$669K	0.4%	$40.37	-0.9%	COM	844741108
—	Amcor PLC	52,942	$658K	0.4%	$11.47	—	COM	g0250x107
CLF	Cleveland Cliffs	40,705	$626K	0.3%	$23.90	0.0%	COM	185899101
—	Globe Life	6,400	$624K	0.3%	$96.63	—	COM	37959e102
MDLZ	Mondelez International	9,515	$591K	0.3%	$50.13	+14.2%	COM	609207105
IBM	IBM	4,171	$589K	0.3%	$110.10	+6.7%	COM	459200101
DE	Deere	1,883	$564K	0.3%	$83.24	+320.1%	COM	244199105
FITB	Fifth Third Bancorp	16,765	$563K	0.3%	$24.20	+33.5%	COM	316773100
DCI	Donaldson	10,440	$503K	0.3%	$33.16	+43.0%	COM	257651109
CCK	Crown Holdings	5,211	$480K	0.3%	$103.03	-0.3%	COM	228368106
MRSH	Marsh & McLennan	3,090	$480K	0.3%	$151.71	0.0%	COM	571748102
PYPL	PayPal	6,879	$480K	0.3%	$37.64	+129.9%	COM	70450Y103
—	Truist Financial	9,974	$473K	0.3%	$55.26	—	COM	89832q109
AKAM	Akamai Technologies	5,147	$470K	0.3%	$103.88	+0.3%	COM	00971T101
PFE	Pfizer	8,362	$438K	0.2%	$27.16	+54.6%	COM	717081103
MTD	Mettler-Toledo Int'l	378	$434K	0.2%	$671.83	+87.0%	COM	592688105
MKC	McCormick	5,113	$426K	0.2%	$63.67	+36.8%	COM	579780206
ADSK	Autodesk	2,176	$374K	0.2%	$192.30	0.0%	COM	052769106
SWK	Stanley Black & Decker	3,506	$368K	0.2%	$112.77	-5.4%	COM	854502101
—	Salesforce	2,046	$338K	0.2%	$223.46	—	COM	79466l302
PCAR	PACCAR Inc.	4,101	$338K	0.2%	$36.44	+33.3%	COM	693718108
CAT	Caterpillar	1,879	$336K	0.2%	$133.40	+47.9%	COM	149123101
CI	Cigna	1,261	$332K	0.2%	$173.50	+39.1%	COM	125523100
MS	Morgan Stanley	4,296	$327K	0.2%	$52.73	+37.4%	COM	617446448
—	Merck	3,507	$320K	0.2%	$77.28	—	COM	58933y105
RMD	ResMed	1,430	$300K	0.2%	$192.34	+7.1%	COM	761152107
—	Kronos Worldwide	16,020	$295K	0.2%	$14.04	—	COM	50105f105
C	Citigroup	6,418	$295K	0.2%	$43.77	0.0%	COM	172967424
SO	Southern Company	4,140	$295K	0.2%	$54.69	+17.5%	COM	842587107
—	ITT Corporation	4,301	$289K	0.2%	$58.80	—	COM	45073v108
—	Mastercard	913	$288K	0.2%	$200.52	—	COM	57636q104
CRL	Charles River Laboratories	1,335	$286K	0.2%	$244.35	0.0%	COM	159864107
—	AT&T	13,618	$285K	0.2%	$30.26	—	COM	00206r102
—	Principal Financial Group	4,226	$282K	0.2%	$61.19	—	COM	74251v102
HRB	H & R Block	7,905	$279K	0.2%	$21.58	+28.4%	COM	093671105
—	Duke Energy	2,492	$267K	0.1%	$81.19	—	COM	26441c204
MAR	Marriott Intl. Class A	1,923	$262K	0.1%	$154.15	+3.5%	COM	571903202
—	GSK PLC	5,945	$259K	0.1%	$38.34	—	COM	37733W105
—	Dominion Energy	3,192	$255K	0.1%	$77.13	—	COM	25746u109
SYY	Sysco	2,892	$245K	0.1%	$60.02	+26.2%	COM	871829107
GILD	Gilead Sciences	3,850	$238K	0.1%	$54.09	0.0%	COM	375558103
—	Quest Diagnostics	1,793	$238K	0.1%	$113.76	—	COM	74834l100
UNM	Unum Group	6,929	$236K	0.1%	$27.94	+21.1%	COM	91529Y106
WMB	Williams Companies	7,425	$232K	0.1%	$25.78	+13.3%	COM	969457100
KHC	Kraft Heinz	6,008	$229K	0.1%	$33.56	0.0%	COM	500754106
PRU	Prudential	2,294	$219K	0.1%	$84.20	+5.1%	COM	744320102
—	Activision Blizzard	2,769	$216K	0.1%	$87.89	—	COM	00507v109
—	DuPont	3,650	$203K	0.1%	$80.71	—	COM	26614n102
GGG	Graco Inc.	3,375	$201K	0.1%	$62.71	-4.5%	COM	384109104