Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
UNH	UnitedHealth Group	6,318	$3.191M	1.8%	$505.06 *	$164.29	+190.1%	COM	91324P102
COST	Costco	6,357	$3.002M	1.7%	$472.24 *	$88.24	+412.8%	COM	22160K105
AAPL	Apple	21,517	$2.974M	1.7%	$138.22	$77.97	+74.3%	COM	037833100
ADM	Archer Daniels Midland	35,699	$2.872M	1.6%	$80.45 *	$61.56	+18.2%	COM	039483102
TMO	Thermo Fisher Scientific	5,511	$2.795M	1.6%	$507.17	$80.23	+526.2%	COM	883556102
PEP	PepsiCo	16,162	$2.639M	1.5%	$163.28 *	$59.69	+146.2%	COM	713448108
CSL	Carlisle	9,332	$2.617M	1.5%	$280.43 *	$65.02	+314.7%	COM	142339100
GWW	W.W. Grainger	5,155	$2.522M	1.4%	$489.23 *	$188.99	+151.2%	COM	384802104
ADP	Automatic Data Processing	10,738	$2.429M	1.4%	$226.21 *	$47.72	+341.5%	COM	053015103
DHR	Danaher	9,291	$2.4M	1.4%	$258.31 *	$29.73	+657.8%	COM	235851102
AFL	AFLAC	42,168	$2.37M	1.3%	$56.20 *	$28.81	+81.5%	COM	001055102
ORLY	O'Reilly Auto	3,336	$2.346M	1.3%	$703.24 *	$9.73	+382.1%	COM	67103H107
SYK	Stryker	11,508	$2.331M	1.3%	$202.55 *	$58.86	+233.2%	COM	863667101
CVX	Chevron Corp.	16,077	$2.31M	1.3%	$143.68 *	$80.40	+56.3%	COM	166764100
AMZN	Amazon.com	20,280	$2.292M	1.3%	$113.02	$120.19	-6.0%	COM	023135106
ITW	Illinois Tool Works	12,646	$2.284M	1.3%	$180.61 *	$55.95	+199.3%	COM	452308109
WMT	Walmart	17,493	$2.269M	1.3%	$129.71 *	$24.06	+72.6%	COM	931142103
MSFT	Microsoft	9,731	$2.266M	1.3%	$232.86 *	$26.70	+749.4%	COM	594918104
PG	Procter & Gamble	17,901	$2.26M	1.3%	$126.25 *	$58.18	+99.7%	COM	742718109
FISV	Fiserv	24,113	$2.256M	1.3%	$93.56	$48.86	+91.5%	COM	337738108
APH	Amphenol	33,678	$2.255M	1.3%	$66.96 *	$20.85	+56.0%	COM	032095101
—	Visa	12,641	$2.246M	1.3%	$177.68	$99.57	—	COM	92826c839
MCD	McDonalds	9,663	$2.23M	1.3%	$230.78 *	$97.11	+120.4%	COM	580135101
CVS	CVS Health	23,156	$2.208M	1.3%	$95.35 *	$51.40	+64.5%	COM	126650100
AMGN	Amgen	9,696	$2.185M	1.2%	$225.35 *	$79.48	+155.9%	COM	031162100
AXP	American Express	16,138	$2.177M	1.2%	$134.90 *	$60.88	+112.2%	COM	025816109
CHD	Church & Dwight	30,045	$2.146M	1.2%	$71.43 *	$36.85	+86.5%	COM	171340102
EXPD	Expeditors Int'l	23,739	$2.096M	1.2%	$88.29 *	$66.72	+26.9%	COM	302130109
JPM	J.P. Morgan Chase	19,781	$2.067M	1.2%	$104.49 *	$45.87	+109.7%	COM	46625H100
JNJ	Johnson & Johnson	12,580	$2.055M	1.2%	$163.35 *	$63.29	+134.1%	COM	478160104
APD	Air Products & Chem.	8,730	$2.032M	1.2%	$232.76 *	$120.06	+78.5%	COM	009158106
EMR	Emerson Electric	27,619	$2.022M	1.1%	$73.21 *	$43.38	+58.2%	COM	291011104
—	Oracle Corp.	33,108	$2.022M	1.1%	$61.07	$31.85	—	COM	68389x105
—	AbbVie	15,061	$2.021M	1.1%	$134.19	$106.79	—	COM	00287y109
BDX	Becton Dickinson	9,064	$2.02M	1.1%	$222.86 *	$112.72	+86.7%	COM	075887109
EW	Edwards Lifesciences	24,218	$2.001M	1.1%	$82.62	$58.86	+40.4%	COM	28176E108
NOC	Northrop Grumman	4,204	$1.977M	1.1%	$470.27 *	$140.13	+218.2%	COM	666807102
GPC	Genuine Parts	13,026	$1.945M	1.1%	$149.32 *	$64.31	+112.0%	COM	372460105
—	NextEra Energy	24,493	$1.92M	1.1%	$78.39	$78.75	—	COM	65339f101
DLTR	Dollar Tree	13,724	$1.868M	1.1%	$136.11	$84.29	+61.5%	COM	256746108
CL	Colgate Palmolive	26,452	$1.858M	1.1%	$70.24 *	$47.13	+37.9%	COM	194162103
BMY	Bristol-Myers Squibb	26,046	$1.852M	1.1%	$71.10 *	$44.62	+36.8%	COM	110122108
FAST	Fastenal Co.	37,526	$1.728M	1.0%	$46.05 *	$14.74	+43.9%	COM	311900104
ABT	Abbott Laboratories	17,404	$1.684M	1.0%	$96.76 *	$33.03	+175.0%	COM	002824100
SHW	Sherwin-Williams	8,221	$1.683M	1.0%	$204.72 *	$198.20	+0.3%	COM	824348106
CSCO	Cisco Systems	40,126	$1.605M	0.9%	$40.00 *	$20.57	+75.5%	COM	17275R102
FDS	Factset Research	3,986	$1.595M	0.9%	$400.15 *	$156.25	+148.0%	COM	303075105
CTSH	Cognizant Tech	27,418	$1.575M	0.9%	$57.44 *	$40.15	+35.6%	COM	192446102
—	Alphabet Class A	16,435	$1.572M	0.9%	$95.65	$130.33	—	COM	02079k305
SJM	J.M. Smucker	11,208	$1.54M	0.9%	$137.40 *	$95.56	+28.3%	COM	832696405
BALL	Ball Corp.	31,799	$1.537M	0.9%	$48.33 *	$31.62	+45.9%	COM	058498106
LOW	Lowes	8,020	$1.506M	0.9%	$187.78 *	$46.18	+281.2%	COM	548661107
XOM	ExxonMobil	17,083	$1.492M	0.8%	$87.34 *	$58.50	+33.6%	COM	30231G102
ECL	Ecolab	10,245	$1.48M	0.8%	$144.46 *	$77.69	+79.3%	COM	278865100
AVY	Avery Dennison	8,801	$1.432M	0.8%	$162.71 *	$83.52	+83.7%	COM	053611109
GIS	General Mills	18,656	$1.429M	0.8%	$76.60 *	$42.96	+58.6%	COM	370334104
HON	Honeywell	8,193	$1.368M	0.8%	$166.97 *	$64.54	+127.5%	COM	438516106
HD	Home Depot	4,874	$1.345M	0.8%	$275.95 *	$72.11	+252.4%	COM	437076102
CTAS	Cintas	3,452	$1.34M	0.8%	$388.18 *	$68.55	+37.5%	COM	172908105
SNA	Snap-on	6,604	$1.33M	0.8%	$201.39 *	$146.86	+25.8%	COM	833034101
INTU	Intuit	3,401	$1.317M	0.7%	$387.24 *	$91.87	+312.5%	COM	461202103
—	D.R. Horton	19,293	$1.299M	0.7%	$67.33	$36.92	—	COM	23331a109
TXN	Texas Instruments	8,135	$1.259M	0.7%	$154.76 *	$28.90	+385.2%	COM	882508104
VZ	Verizon	32,683	$1.241M	0.7%	$37.97 *	$31.17	-2.1%	COM	92343V104
TSCO	Tractor Supply Co.	6,604	$1.228M	0.7%	$185.95 *	$33.31	+5.5%	COM	892356106
VMC	Vulcan Materials	7,558	$1.192M	0.7%	$157.71 *	$141.22	+8.9%	COM	929160109
NKE	Nike	14,329	$1.191M	0.7%	$83.12 *	$41.89	+87.6%	COM	654106103
ROP	Roper Technologies	3,307	$1.189M	0.7%	$359.54 *	$118.61	+196.8%	COM	776696106
SBUX	Starbucks	13,973	$1.177M	0.7%	$84.23 *	$41.19	+89.1%	COM	855244109
NVDA	Nvidia	9,655	$1.172M	0.7%	$121.39 *	$16.45	-26.3%	COM	67066G104
DIS	Walt Disney	12,176	$1.149M	0.7%	$94.37 *	$61.26	+50.4%	COM	254687106
MMM	3M Co.	10,325	$1.141M	0.6%	$110.51 *	$76.86	+6.3%	COM	88579Y101
DOV	Dover	9,773	$1.139M	0.6%	$116.55 *	$44.13	+153.7%	COM	260003108
COR	AmerisourceBergen	8,329	$1.127M	0.6%	$135.31 *	$50.09	+162.0%	COM	03073E105
IDXX	IDEXX Laboratories	3,327	$1.084M	0.6%	$325.82	$150.80	+116.1%	COM	45168D104
—	Booking Holdings	645	$1.06M	0.6%	$1643.41	$2091.93	—	COM	09857l108
ADI	Analog Devices	7,598	$1.059M	0.6%	$139.38 *	$66.20	+98.9%	COM	032654105
—	EOG Resources	9,476	$1.059M	0.6%	$111.76	$58.52	—	COM	26875p101
—	Globe Life	10,062	$1.003M	0.6%	$99.68	$97.74	—	COM	37959e102
—	Lam Research	2,560	$937K	0.5%	$366.02	$431.47	—	COM	512807108
—	Alphabet Class C	9,691	$932K	0.5%	$96.17	$129.68	—	COM	02079k107
LMT	Lockheed Martin	2,394	$925K	0.5%	$386.38 *	$179.20	+97.4%	COM	539830109
CLX	Clorox	7,130	$915K	0.5%	$128.33 *	$98.34	+16.8%	COM	189054109
PYPL	PayPal	9,939	$855K	0.5%	$86.02	$53.29	+61.1%	COM	70450Y103
—	Constellation Brands	3,678	$845K	0.5%	$229.74	$199.50	—	COM	21036p108
—	ConocoPhillips	8,178	$837K	0.5%	$102.35	$79.84	—	COM	20825c104
LLY	Eli Lilly	2,589	$837K	0.5%	$323.29 *	$45.17	+597.2%	COM	532457108
UPS	United Parcel Service Cl B	5,125	$828K	0.5%	$161.56 *	$100.17	+37.2%	COM	911312106
MAR	Marriott Intl. Class A	5,728	$803K	0.5%	$140.19 *	$149.88	-9.5%	COM	571903202
—	Valero Energy Corp	7,493	$801K	0.5%	$106.90	$69.72	—	COM	91913y100
—	Medtronic	9,783	$790K	0.4%	$80.75	$87.56	—	COM	g5960l103
ED	Consolidated Edison	9,134	$783K	0.4%	$85.72 *	$69.95	+9.5%	COM	209115104
—	Check Point Software	6,745	$756K	0.4%	$112.08	$107.97	—	COM	m22465104
META	Meta Platforms	5,481	$744K	0.4%	$135.74	$110.03	+22.5%	COM	30303M102
—	Adobe Systems	2,546	$701K	0.4%	$275.33	$441.93	—	COM	00724f101
—	CBRE Group	10,216	$690K	0.4%	$67.54	$67.54	—	COM	12504l109
AMD	Advanced Micro	10,740	$680K	0.4%	$63.31	$41.94	+51.1%	COM	007903107
AA	Alcoa	19,479	$656K	0.4%	$33.68 *	$34.80	-7.0%	COM	013872106
—	Raytheon Technologies	7,924	$649K	0.4%	$81.90	$61.65	—	COM	75513e101
KMB	Kimberly Clark	5,636	$634K	0.4%	$112.49 *	$90.35	+10.3%	COM	494368103
DE	Deere	1,876	$626K	0.4%	$333.69 *	$83.24	+283.6%	COM	244199105
—	Salesforce	4,263	$613K	0.3%	$143.80	$182.03	—	COM	79466l302
—	Verisk Analytics	3,491	$595K	0.3%	$170.44	$200.74	—	COM	92345y106
ADSK	Autodesk	3,111	$581K	0.3%	$186.76	$195.24	-4.3%	COM	052769106
—	Amcor PLC	52,369	$562K	0.3%	$10.73	$11.47	—	COM	g0250x107
—	Truist Financial	12,578	$548K	0.3%	$43.57	$52.84	—	COM	89832q109
DCI	Donaldson	10,795	$529K	0.3%	$49.00 *	$33.70	+37.9%	COM	257651109
MDLZ	Mondelez International	9,515	$522K	0.3%	$54.86 *	$50.13	+0.3%	COM	609207105
MRSH	Marsh & McLennan	3,180	$475K	0.3%	$149.37 *	$151.73	-6.7%	COM	571748102
IBM	IBM	3,966	$471K	0.3%	$118.76 *	$110.10	-4.4%	COM	459200101
INTC	Intel	17,856	$460K	0.3%	$25.76 *	$43.52	-43.7%	COM	458140100
—	Freeport-McMoRan	16,209	$443K	0.3%	$27.33	$41.50	—	COM	35671d857
FITB	Fifth Third Bancorp	13,655	$436K	0.2%	$31.93 *	$24.20	+15.7%	COM	316773100
MTD	Mettler-Toledo Int'l	383	$415K	0.2%	$1083.55	$679.29	+59.6%	COM	592688105
CCK	Crown Holdings	4,619	$374K	0.2%	$80.97 *	$103.03	-24.2%	COM	228368106
MKC	McCormick	5,140	$366K	0.2%	$71.21 *	$63.67	+3.4%	COM	579780206
LUV	Southwest Airlines	11,761	$363K	0.2%	$30.86 *	$40.37	-28.9%	COM	844741108
—	Merck	4,077	$351K	0.2%	$86.09	$78.51	—	COM	58933y105
CI	Cigna	1,254	$348K	0.2%	$277.51 *	$173.50	+50.9%	COM	125523100
PCAR	PACCAR Inc.	4,046	$339K	0.2%	$83.79 *	$36.44	+32.7%	COM	693718108
PFE	Pfizer	7,622	$334K	0.2%	$43.82 *	$27.16	+34.3%	COM	717081103
MS	Morgan Stanley	4,193	$331K	0.2%	$78.94 *	$52.73	+34.1%	COM	617446448
RMD	ResMed	1,415	$309K	0.2%	$218.37 *	$192.34	+10.2%	COM	761152107
CAT	Caterpillar	1,859	$305K	0.2%	$164.07 *	$133.40	+16.1%	COM	149123101
—	Principal Financial Group	4,161	$300K	0.2%	$72.10	$61.19	—	COM	74251v102
—	ITT Corporation	4,301	$281K	0.2%	$65.33	$58.80	—	COM	45073v108
SO	Southern Company	4,085	$278K	0.2%	$68.05 *	$54.69	+10.3%	COM	842587107
GILD	Gilead Sciences	4,380	$270K	0.2%	$61.64 *	$54.29	+1.4%	COM	375558103
C	Citigroup	6,378	$266K	0.2%	$41.71 *	$43.77	-15.6%	COM	172967424
—	Mastercard	913	$260K	0.1%	$284.78	$200.52	—	COM	57636q104
—	Duke Energy	2,492	$232K	0.1%	$93.10	$81.19	—	COM	26441c204
—	Quest Diagnostics	1,793	$220K	0.1%	$122.70	$113.76	—	COM	74834l100
SHEL	Shell	4,339	$216K	0.1%	$49.78	$51.53	-3.4%	COM	780259305
—	AT&T	14,008	$215K	0.1%	$15.35	$29.84	—	COM	00206r102
WMB	Williams Companies	7,425	$213K	0.1%	$28.69 *	$25.78	-4.0%	COM	969457100
SYY	Sysco	2,892	$204K	0.1%	$70.54 *	$60.02	+7.1%	COM	871829107
—	Activision Blizzard	2,729	$203K	0.1%	$74.39	$87.89	—	COM	00507v109
GGG	Graco Inc.	3,375	$202K	0.1%	$59.85 *	$62.71	-8.6%	COM	384109104
KHC	Kraft Heinz	6,008	$200K	0.1%	$33.29 *	$33.56	-15.3%	COM	500754106
CLF	Cleveland Cliffs	14,765	$199K	0.1%	$13.48	$23.90	-43.6%	COM	185899101
—	Kronos Worldwide	16,335	$153K	0.1%	$9.37	$13.95	—	COM	50105f105
—	Viatris	14,355	$122K	0.1%	$8.50	$8.50	—	COM	92556v106
—	ACCO Brands	10,060	$49,000	0.0%	$4.87	$4.87	—	COM	00081t108