Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple	20,961	$3.456M	1.7%	$77.97	+86.6%	—	037833100
SYK	Stryker	11,151	$3.183M	1.6%	$58.86	+337.8%	—	863667101
TMO	Thermo Fisher Scientific	5,470	$3.153M	1.6%	$80.23	+596.3%	—	883556102
COST	Costco	6,148	$3.055M	1.5%	$88.24	+434.1%	—	22160K105
—	Oracle Corp.	32,510	$3.021M	1.5%	$31.85	—	—	68389x105
ITW	Illinois Tool Works	12,352	$3.007M	1.5%	$55.95	+289.0%	—	452308109
GWW	W.W. Grainger	4,361	$3.004M	1.5%	$188.99	+228.9%	—	384802104
UNH	UnitedHealth Group	6,173	$2.917M	1.4%	$164.29	+178.3%	—	91324P102
PEP	PepsiCo	15,936	$2.905M	1.4%	$59.69	+165.9%	—	713448108
FISV	Fiserv	24,770	$2.8M	1.4%	$50.32	+118.6%	—	337738108
—	Visa	12,401	$2.796M	1.4%	$99.57	—	—	92826c839
MSFT	Microsoft	9,644	$2.78M	1.4%	$26.70	+834.2%	—	594918104
ADM	Archer Daniels Midland	34,465	$2.745M	1.4%	$61.56	+20.8%	—	039483102
WMT	Walmart	18,230	$2.688M	1.3%	$24.93	+83.7%	—	931142103
PG	Procter & Gamble	17,941	$2.668M	1.3%	$58.18	+128.9%	—	742718109
APD	Air Products & Chem.	9,188	$2.639M	1.3%	$127.28	+112.3%	—	009158106
AFL	AFLAC	40,801	$2.632M	1.3%	$28.81	+123.1%	—	001055102
CHD	Church & Dwight	29,679	$2.624M	1.3%	$36.85	+119.0%	—	171340102
MCD	McDonalds	9,379	$2.622M	1.3%	$97.11	+158.0%	—	580135101
AXP	American Express	15,668	$2.584M	1.3%	$60.88	+162.8%	—	025816109
JPM	J.P. Morgan Chase	19,819	$2.583M	1.3%	$46.72	+174.3%	—	46625H100
APH	Amphenol	31,574	$2.58M	1.3%	$20.85	+84.6%	—	032095101
CVX	Chevron Corp.	15,711	$2.563M	1.3%	$82.17	+80.7%	—	166764100
EXPD	Expeditors Int'l	23,117	$2.546M	1.3%	$66.72	+57.0%	—	302130109
ORLY	O'Reilly Auto	2,919	$2.478M	1.2%	$9.73	+463.3%	—	67103H107
AMGN	Amgen	9,958	$2.407M	1.2%	$83.82	+167.3%	—	031162100
DHR	Danaher	9,521	$2.4M	1.2%	$38.00	+489.7%	—	235851102
—	AbbVie	14,873	$2.37M	1.2%	$106.79	—	—	00287y109
EMR	Emerson Electric	27,042	$2.356M	1.2%	$43.38	+90.4%	—	291011104
ADP	Automatic Data Processing	10,550	$2.349M	1.2%	$47.72	+343.1%	—	053015103
AMZN	Amazon.com	22,455	$2.319M	1.1%	$118.08	-18.2%	—	023135106
NVDA	Nvidia	8,217	$2.282M	1.1%	$16.45	+31.4%	—	67066G104
BDX	Becton Dickinson	8,984	$2.224M	1.1%	$113.89	+103.9%	—	075887109
COR	AmerisourceBergen	13,761	$2.203M	1.1%	$93.01	+66.2%	—	03073E105
CSL	Carlisle	9,607	$2.172M	1.1%	$70.89	+231.3%	—	142339100
EW	Edwards Lifesciences	26,074	$2.157M	1.1%	$60.19	+30.6%	—	28176E108
XOM	ExxonMobil	19,139	$2.099M	1.0%	$64.13	+56.2%	—	30231G102
CSCO	Cisco Systems	39,448	$2.062M	1.0%	$20.57	+118.0%	—	17275R102
JNJ	Johnson & Johnson	12,986	$2.013M	1.0%	$66.40	+122.7%	—	478160104
BMY	Bristol-Myers Squibb	29,001	$2.01M	1.0%	$46.89	+31.2%	—	110122108
FAST	Fastenal Co.	36,856	$1.988M	1.0%	$14.74	+62.1%	—	311900104
CL	Colgate Palmolive	25,880	$1.945M	1.0%	$47.13	+47.7%	—	194162103
DLTR	Dollar Tree	13,499	$1.938M	1.0%	$84.29	+72.1%	—	256746108
GPC	Genuine Parts	11,580	$1.937M	1.0%	$64.31	+141.0%	—	372460105
—	NextEra Energy	24,736	$1.907M	0.9%	$78.75	—	—	65339f101
SJM	J.M. Smucker	12,104	$1.905M	0.9%	$99.14	+38.2%	—	832696405
CVS	CVS Health	25,315	$1.881M	0.9%	$53.87	+39.6%	—	126650100
NOC	Northrop Grumman	4,066	$1.877M	0.9%	$140.13	+215.4%	—	666807102
SHW	Sherwin-Williams	8,195	$1.842M	0.9%	$198.20	+12.5%	—	824348106
ADI	Analog Devices	9,043	$1.783M	0.9%	$84.45	+101.9%	—	032654105
ABT	Abbott Laboratories	17,595	$1.782M	0.9%	$33.83	+195.6%	—	002824100
—	D.R. Horton	18,173	$1.775M	0.9%	$36.92	—	—	23331a109
FDS	Factset Research	4,233	$1.757M	0.9%	$168.74	+139.7%	—	303075105
NKE	Nike	14,019	$1.719M	0.9%	$41.89	+178.6%	—	654106103
GIS	General Mills	19,730	$1.686M	0.8%	$44.39	+62.1%	—	370334104
BALL	Ball Corp.	30,549	$1.684M	0.8%	$31.62	+68.7%	—	058498106
—	Alphabet Class A	16,160	$1.676M	0.8%	$130.33	—	—	02079k305
TSCO	Tractor Supply Co.	6,991	$1.643M	0.8%	$33.78	+28.2%	—	892356106
AVY	Avery Dennison	9,075	$1.624M	0.8%	$86.52	+99.1%	—	053611109
—	Booking Holdings	609	$1.616M	0.8%	$2091.93	—	—	09857l108
ECL	Ecolab	9,704	$1.606M	0.8%	$77.69	+94.4%	—	278865100
SNA	Snap-on	6,405	$1.581M	0.8%	$148.08	+52.8%	—	833034101
LOW	Lowes	7,887	$1.577M	0.8%	$46.18	+316.2%	—	548661107
IDXX	IDEXX Laboratories	3,077	$1.539M	0.8%	$150.80	+217.3%	—	45168D104
CTAS	Cintas	3,306	$1.53M	0.8%	$68.55	+56.8%	—	172908105
HON	Honeywell	7,977	$1.525M	0.8%	$64.54	+173.7%	—	438516106
INTU	Intuit	3,362	$1.499M	0.7%	$91.87	+338.9%	—	461202103
DOV	Dover	9,755	$1.482M	0.7%	$44.13	+221.1%	—	260003108
ROP	Roper Technologies	3,316	$1.461M	0.7%	$118.61	+257.8%	—	776696106
CTSH	Cognizant Tech	23,917	$1.457M	0.7%	$40.15	+48.8%	—	192446102
TXN	Texas Instruments	7,829	$1.456M	0.7%	$28.90	+458.4%	—	882508104
HD	Home Depot	4,900	$1.446M	0.7%	$72.11	+294.7%	—	437076102
—	Globe Life	13,134	$1.445M	0.7%	$100.70	—	—	37959e102
VMC	Vulcan Materials	8,159	$1.4M	0.7%	$143.61	+20.9%	—	929160109
SBUX	Starbucks	13,412	$1.397M	0.7%	$41.19	+135.6%	—	855244109
—	Adobe Systems	3,593	$1.385M	0.7%	$418.96	—	—	00724f101
VZ	Verizon	33,527	$1.304M	0.6%	$31.31	+4.4%	—	92343V104
LMT	Lockheed Martin	2,538	$1.2M	0.6%	$198.32	+118.5%	—	539830109
CLX	Clorox	7,332	$1.16M	0.6%	$99.48	+36.9%	—	189054109
DIS	Walt Disney	11,570	$1.158M	0.6%	$61.26	+60.8%	—	254687106
—	Alphabet Class C	10,343	$1.076M	0.5%	$127.15	—	—	02079k107
—	Lam Research	1,901	$1.008M	0.5%	$431.47	—	—	512807108
UPS	United Parcel Service Cl B	5,115	$992K	0.5%	$100.17	+57.9%	—	911312106
MMM	3M Co.	9,422	$990K	0.5%	$78.59	+8.0%	—	88579Y101
AMD	Advanced Micro	9,681	$949K	0.5%	$41.94	+94.1%	—	007903107
CAT	Caterpillar	4,143	$948K	0.5%	$188.30	+22.5%	—	149123101
MAR	Marriott Intl. Class A	5,406	$898K	0.4%	$149.88	+7.9%	—	571903202
—	Constellation Brands	3,844	$868K	0.4%	$201.34	—	—	21036p108
ED	Consolidated Edison	9,074	$868K	0.4%	$69.95	+21.2%	—	209115104
—	EOG Resources	7,571	$868K	0.4%	$58.52	—	—	26875p101
—	Check Point Software	6,618	$860K	0.4%	$107.97	—	—	m22465104
AA	Alcoa	20,094	$855K	0.4%	$35.31	+31.7%	—	013872106
META	Meta Platforms	3,900	$827K	0.4%	$110.03	+53.7%	—	30303M102
LLY	Eli Lilly	2,371	$814K	0.4%	$45.17	+630.4%	—	532457108
KMB	Kimberly Clark	5,697	$765K	0.4%	$90.82	+28.0%	—	494368103
DE	Deere	1,822	$752K	0.4%	$93.62	+324.2%	—	244199105
—	Raytheon Technologies	7,616	$746K	0.4%	$61.65	—	—	75513e101
—	Valero Energy Corp	5,225	$729K	0.4%	$69.72	—	—	91913y100
—	ConocoPhillips	7,263	$721K	0.4%	$81.18	—	—	20825c104
DCI	Donaldson	10,870	$710K	0.4%	$34.15	+75.6%	—	257651109
CCK	Crown Holdings	8,194	$678K	0.3%	$89.77	-8.8%	—	228368106
MDLZ	Mondelez International	9,345	$652K	0.3%	$50.13	+21.9%	—	609207105
ADSK	Autodesk	2,993	$623K	0.3%	$195.75	+5.2%	—	052769106
MTD	Mettler-Toledo Int'l	407	$623K	0.3%	$754.06	+99.2%	—	592688105
PYPL	PayPal	7,828	$594K	0.3%	$53.29	+44.2%	—	70450Y103
—	CBRE Group	8,085	$589K	0.3%	$68.81	—	—	12504l109
—	Medtronic	7,150	$576K	0.3%	$87.56	—	—	g5960l103
—	Freeport-McMoRan	14,029	$574K	0.3%	$41.50	—	—	35671d857
—	Amcor PLC	46,949	$534K	0.3%	$11.47	—	—	g0250x107
MRSH	Marsh & McLennan	3,180	$530K	0.3%	$151.73	+5.0%	—	571748102
IBM	IBM	3,793	$497K	0.2%	$110.10	+9.7%	—	459200101
PFE	Pfizer	12,000	$490K	0.2%	$30.69	+19.1%	—	717081103
—	Salesforce	2,421	$484K	0.2%	$182.03	—	—	79466l302
—	Merck	4,526	$482K	0.2%	$81.43	—	—	58933y105
PCAR	PACCAR Inc.	6,427	$470K	0.2%	$46.85	+36.9%	—	693718108
—	AT&T	23,137	$445K	0.2%	$25.24	—	—	00206r102
CRL	Charles River Laboratories	2,105	$425K	0.2%	$218.37	+3.8%	—	159864107
MKC	McCormick	4,790	$399K	0.2%	$63.67	+11.7%	—	579780206
MS	Morgan Stanley	4,423	$388K	0.2%	$54.18	+56.5%	—	617446448
—	Mastercard	1,017	$370K	0.2%	$217.70	—	—	57636q104
CI	Cigna	1,418	$362K	0.2%	$185.98	+48.5%	—	125523100
—	ITT Corporation	4,055	$350K	0.2%	$58.80	—	—	45073v108
C	Citigroup	6,958	$326K	0.2%	$43.49	+1.8%	—	172967424
GILD	Gilead Sciences	3,705	$307K	0.2%	$56.36	+32.5%	—	375558103
RMD	ResMed	1,380	$302K	0.1%	$192.34	+9.8%	—	761152107
SO	Southern Company	4,085	$284K	0.1%	$54.69	+10.9%	—	842587107
SHEL	Shell	4,944	$284K	0.1%	$50.70	—	—	780259305
FITB	Fifth Third Bancorp	10,465	$279K	0.1%	$24.72	+19.0%	—	316773100
—	Duke Energy	2,832	$273K	0.1%	$83.07	—	—	26441c204
LUV	Southwest Airlines	8,179	$266K	0.1%	$39.46	-19.3%	—	844741108
—	Truist Financial	7,496	$256K	0.1%	$52.08	—	—	89832q109
—	Quest Diagnostics	1,773	$251K	0.1%	$113.76	—	—	74834l100
GGG	Graco Inc.	3,360	$245K	0.1%	$62.71	+6.6%	—	384109104
BP	BP	6,432	$244K	0.1%	$34.97	—	—	055622104
OXY	Occidental Petroleum	3,815	$238K	0.1%	$59.16	0.0%	—	674599105
KHC	Kraft Heinz	5,995	$232K	0.1%	$33.56	+1.9%	—	500754106
—	Activision Blizzard	2,676	$229K	0.1%	$87.89	—	—	00507v109
WMB	Williams Companies	7,521	$225K	0.1%	$25.81	+5.2%	—	969457100
SYY	Sysco	2,892	$223K	0.1%	$60.02	+17.8%	—	871829107
—	Organon	8,830	$208K	0.1%	$23.56	—	—	68622v106
—	Avista	4,858	$206K	0.1%	$42.40	—	—	05379b107
BBY	Best Buy	2,629	$206K	0.1%	$71.44	0.0%	—	086516101
—	Kronos Worldwide	22,230	$205K	0.1%	$9.22	—	—	50105f105
—	Viatris	19,015	$183K	0.1%	$8.79	—	—	92556v106