Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	Apple	20,961	$3.456M	1.7%	$164.88	$77.97	+108.7%	COM	037833100
SYK	Stryker	11,151	$3.183M	1.6%	$285.45 *	$58.86	+372.3%	COM	863667101
TMO	Thermo Fisher Scientific	5,470	$3.153M	1.6%	$576.42	$80.23	+612.4%	COM	883556102
COST	Costco	6,148	$3.055M	1.5%	$496.91 *	$88.24	+441.4%	COM	22160K105
—	Oracle Corp.	32,510	$3.021M	1.5%	$92.93	$31.85	—	COM	68389x105
ITW	Illinois Tool Works	12,352	$3.007M	1.5%	$243.44 *	$55.95	+308.0%	COM	452308109
GWW	W.W. Grainger	4,361	$3.004M	1.5%	$688.83 *	$188.99	+255.6%	COM	384802104
UNH	UnitedHealth Group	6,173	$2.917M	1.4%	$472.54 *	$164.29	+173.3%	COM	91324P102
PEP	PepsiCo	15,936	$2.905M	1.4%	$182.29 *	$59.69	+178.5%	COM	713448108
FISV	Fiserv	24,770	$2.8M	1.4%	$113.04	$50.32	+124.6%	COM	337738108
—	Visa	12,401	$2.796M	1.4%	$225.47	$99.57	—	COM	92826c839
MSFT	Microsoft	9,644	$2.78M	1.4%	$288.26 *	$26.70	+957.1%	COM	594918104
ADM	Archer Daniels Midland	34,465	$2.745M	1.4%	$79.65 *	$61.56	+18.1%	COM	039483102
WMT	Walmart	18,230	$2.688M	1.3%	$147.45 *	$24.93	+90.8%	COM	931142103
PG	Procter & Gamble	17,941	$2.668M	1.3%	$148.71 *	$58.18	+138.4%	COM	742718109
APD	Air Products & Chem.	9,188	$2.639M	1.3%	$287.22 *	$127.28	+110.2%	COM	009158106
AFL	AFLAC	40,801	$2.632M	1.3%	$64.51 *	$28.81	+110.9%	COM	001055102
CHD	Church & Dwight	29,679	$2.624M	1.3%	$88.41 *	$36.85	+132.3%	COM	171340102
MCD	McDonalds	9,379	$2.622M	1.3%	$279.56 *	$97.11	+170.2%	COM	580135101
AXP	American Express	15,668	$2.584M	1.3%	$164.92 *	$60.88	+161.3%	COM	025816109
JPM	J.P. Morgan Chase	19,819	$2.583M	1.3%	$130.33 *	$46.72	+160.9%	COM	46625H100
APH	Amphenol	31,574	$2.58M	1.3%	$81.71 *	$20.85	+91.4%	COM	032095101
CVX	Chevron Corp.	15,711	$2.563M	1.3%	$163.13 *	$82.17	+76.6%	COM	166764100
EXPD	Expeditors Int'l	23,117	$2.546M	1.3%	$110.14 *	$66.72	+59.2%	COM	302130109
ORLY	O'Reilly Auto	2,919	$2.478M	1.2%	$848.92 *	$9.73	+481.9%	COM	67103H107
AMGN	Amgen	9,958	$2.407M	1.2%	$241.72 *	$83.82	+164.4%	COM	031162100
DHR	Danaher	9,521	$2.4M	1.2%	$252.07 *	$38.00	+479.8%	COM	235851102
—	AbbVie	14,873	$2.37M	1.2%	$159.35	$106.79	—	COM	00287y109
EMR	Emerson Electric	27,042	$2.356M	1.2%	$87.12 *	$43.38	+90.5%	COM	291011104
ADP	Automatic Data Processing	10,550	$2.349M	1.2%	$222.65 *	$47.72	+339.1%	COM	053015103
AMZN	Amazon.com	22,455	$2.319M	1.1%	$103.27	$118.08	-12.5%	COM	023135106
NVDA	Nvidia	8,217	$2.282M	1.1%	$277.72 *	$16.45	+68.7%	COM	67066G104
BDX	Becton Dickinson	8,984	$2.224M	1.1%	$247.55 *	$113.89	+106.9%	COM	075887109
COR	AmerisourceBergen	13,761	$2.203M	1.1%	$160.09 *	$93.01	+68.0%	COM	03073E105
CSL	Carlisle	9,607	$2.172M	1.1%	$226.09 *	$70.89	+208.5%	COM	142339100
EW	Edwards Lifesciences	26,074	$2.157M	1.1%	$82.73	$60.19	+37.4%	COM	28176E108
XOM	ExxonMobil	19,139	$2.099M	1.0%	$109.67 *	$64.13	+55.4%	COM	30231G102
CSCO	Cisco Systems	39,448	$2.062M	1.0%	$52.27 *	$20.57	+133.4%	COM	17275R102
JNJ	Johnson & Johnson	12,986	$2.013M	1.0%	$155.01 *	$66.40	+114.6%	COM	478160104
BMY	Bristol-Myers Squibb	29,001	$2.01M	1.0%	$69.31 *	$46.89	+28.9%	COM	110122108
FAST	Fastenal Co.	36,856	$1.988M	1.0%	$53.94 *	$14.74	+70.9%	COM	311900104
CL	Colgate Palmolive	25,880	$1.945M	1.0%	$75.15 *	$47.13	+49.4%	COM	194162103
DLTR	Dollar Tree	13,499	$1.938M	1.0%	$143.57	$84.29	+70.3%	COM	256746108
GPC	Genuine Parts	11,580	$1.937M	1.0%	$167.27 *	$64.31	+140.1%	COM	372460105
—	NextEra Energy	24,736	$1.907M	0.9%	$77.09	$78.75	—	COM	65339f101
SJM	J.M. Smucker	12,104	$1.905M	0.9%	$157.39 *	$99.14	+43.6%	COM	832696405
CVS	CVS Health	25,315	$1.881M	0.9%	$74.30 *	$53.87	+23.8%	COM	126650100
NOC	Northrop Grumman	4,066	$1.877M	0.9%	$461.63 *	$140.13	+214.5%	COM	666807102
SHW	Sherwin-Williams	8,195	$1.842M	0.9%	$224.77 *	$198.20	+10.7%	COM	824348106
ADI	Analog Devices	9,043	$1.783M	0.9%	$197.17 *	$84.45	+122.7%	COM	032654105
ABT	Abbott Laboratories	17,595	$1.782M	0.9%	$101.28 *	$33.83	+183.7%	COM	002824100
—	D.R. Horton	18,173	$1.775M	0.9%	$97.67	$36.92	—	COM	23331a109
FDS	Factset Research	4,233	$1.757M	0.9%	$415.07 *	$168.74	+139.2%	COM	303075105
NKE	Nike	14,019	$1.719M	0.9%	$122.62 *	$41.89	+178.5%	COM	654106103
GIS	General Mills	19,730	$1.686M	0.8%	$85.45 *	$44.39	+73.5%	COM	370334104
BALL	Ball Corp.	30,549	$1.684M	0.8%	$55.12 *	$31.62	+67.6%	COM	058498106
—	Alphabet Class A	16,160	$1.676M	0.8%	$103.71	$130.33	—	COM	02079k305
TSCO	Tractor Supply Co.	6,991	$1.643M	0.8%	$235.02 *	$33.78	+32.6%	COM	892356106
AVY	Avery Dennison	9,075	$1.624M	0.8%	$178.95 *	$86.52	+96.6%	COM	053611109
—	Booking Holdings	609	$1.616M	0.8%	$2653.53	$2091.93	—	COM	09857l108
ECL	Ecolab	9,704	$1.606M	0.8%	$165.50 *	$77.69	+107.0%	COM	278865100
SNA	Snap-on	6,405	$1.581M	0.8%	$246.84 *	$148.08	+55.1%	COM	833034101
LOW	Lowes	7,887	$1.577M	0.8%	$199.95 *	$46.18	+310.1%	COM	548661107
IDXX	IDEXX Laboratories	3,077	$1.539M	0.8%	$500.16	$150.80	+231.6%	COM	45168D104
CTAS	Cintas	3,306	$1.53M	0.8%	$462.79 *	$68.55	+64.8%	COM	172908105
HON	Honeywell	7,977	$1.525M	0.8%	$191.17 *	$64.54	+163.0%	COM	438516106
INTU	Intuit	3,362	$1.499M	0.7%	$445.87	$91.87	+376.7%	COM	461202103
DOV	Dover	9,755	$1.482M	0.7%	$151.92 *	$44.13	+233.0%	COM	260003108
ROP	Roper Technologies	3,316	$1.461M	0.7%	$440.59	$118.61	+264.9%	COM	776696106
CTSH	Cognizant Tech	23,917	$1.457M	0.7%	$60.92 *	$40.15	+45.1%	COM	192446102
TXN	Texas Instruments	7,829	$1.456M	0.7%	$185.98 *	$28.90	+491.9%	COM	882508104
HD	Home Depot	4,900	$1.446M	0.7%	$295.10 *	$72.11	+281.9%	COM	437076102
—	Globe Life	13,134	$1.445M	0.7%	$110.02	$100.70	—	COM	37959e102
VMC	Vulcan Materials	8,159	$1.4M	0.7%	$171.59 *	$143.61	+17.0%	COM	929160109
SBUX	Starbucks	13,412	$1.397M	0.7%	$104.16 *	$41.19	+136.2%	COM	855244109
—	Adobe Systems	3,593	$1.385M	0.7%	$385.47	$418.96	—	COM	00724f101
VZ	Verizon	33,527	$1.304M	0.6%	$38.89 *	$31.31	+3.1%	COM	92343V104
LMT	Lockheed Martin	2,538	$1.2M	0.6%	$472.81 *	$198.32	+121.1%	COM	539830109
CLX	Clorox	7,332	$1.16M	0.6%	$158.21 *	$99.48	+44.8%	COM	189054109
DIS	Walt Disney	11,570	$1.158M	0.6%	$100.09 *	$61.26	+59.7%	COM	254687106
—	Alphabet Class C	10,343	$1.076M	0.5%	$104.03	$127.15	—	COM	02079k107
—	Lam Research	1,901	$1.008M	0.5%	$530.25	$431.47	—	COM	512807108
UPS	United Parcel Service Cl B	5,115	$992K	0.5%	$193.94 *	$100.17	+67.7%	COM	911312106
MMM	3M Co.	9,422	$990K	0.5%	$105.07 *	$78.59	+1.4%	COM	88579Y101
AMD	Advanced Micro	9,681	$949K	0.5%	$98.03	$41.94	+133.7%	COM	007903107
CAT	Caterpillar	4,143	$948K	0.5%	$228.82 *	$188.30	+16.0%	COM	149123101
MAR	Marriott Intl. Class A	5,406	$898K	0.4%	$166.11 *	$149.88	+7.7%	COM	571903202
—	Constellation Brands	3,844	$868K	0.4%	$225.81	$201.34	—	COM	21036p108
ED	Consolidated Edison	9,074	$868K	0.4%	$95.66 *	$69.95	+24.4%	COM	209115104
—	EOG Resources	7,571	$868K	0.4%	$114.65	$58.52	—	COM	26875p101
—	Check Point Software	6,618	$860K	0.4%	$129.95	$107.97	—	COM	m22465104
AA	Alcoa	20,094	$855K	0.4%	$42.55 *	$35.31	+16.4%	COM	013872106
META	Meta Platforms	3,900	$827K	0.4%	$212.05	$110.03	+91.3%	COM	30303M102
LLY	Eli Lilly	2,371	$814K	0.4%	$343.32 *	$45.17	+644.9%	COM	532457108
KMB	Kimberly Clark	5,697	$765K	0.4%	$134.28 *	$90.82	+33.2%	COM	494368103
DE	Deere	1,822	$752K	0.4%	$412.73 *	$93.62	+324.2%	COM	244199105
—	Raytheon Technologies	7,616	$746K	0.4%	$97.95	$61.65	—	COM	75513e101
—	Valero Energy Corp	5,225	$729K	0.4%	$139.52	$69.72	—	COM	91913y100
—	ConocoPhillips	7,263	$721K	0.4%	$99.27	$81.18	—	COM	20825c104
DCI	Donaldson	10,870	$710K	0.4%	$65.32 *	$34.15	+82.8%	COM	257651109
CCK	Crown Holdings	8,194	$678K	0.3%	$82.74 *	$89.77	-10.7%	COM	228368106
MDLZ	Mondelez International	9,345	$652K	0.3%	$69.77 *	$50.13	+29.0%	COM	609207105
ADSK	Autodesk	2,993	$623K	0.3%	$208.15	$195.75	+6.3%	COM	052769106
MTD	Mettler-Toledo Int'l	407	$623K	0.3%	$1530.71	$754.06	+102.9%	COM	592688105
PYPL	PayPal	7,828	$594K	0.3%	$75.88	$53.29	+42.2%	COM	70450Y103
—	CBRE Group	8,085	$589K	0.3%	$72.85	$68.81	—	COM	12504l109
—	Medtronic	7,150	$576K	0.3%	$80.56	$87.56	—	COM	g5960l103
—	Freeport-McMoRan	14,029	$574K	0.3%	$40.92	$41.50	—	COM	35671d857
—	Amcor PLC	46,949	$534K	0.3%	$11.37	$11.47	—	COM	g0250x107
MRSH	Marsh & McLennan	3,180	$530K	0.3%	$166.67 *	$151.73	+5.3%	COM	571748102
IBM	IBM	3,793	$497K	0.2%	$131.03 *	$110.10	+8.0%	COM	459200101
PFE	Pfizer	12,000	$490K	0.2%	$40.83 *	$30.69	+12.8%	COM	717081103
—	Salesforce	2,421	$484K	0.2%	$199.92	$182.03	—	COM	79466l302
—	Merck	4,526	$482K	0.2%	$106.50	$81.43	—	COM	58933y105
PCAR	PACCAR Inc.	6,427	$470K	0.2%	$73.13 *	$46.85	+40.2%	COM	693718108
—	AT&T	23,137	$445K	0.2%	$19.23	$25.24	—	COM	00206r102
CRL	Charles River Laboratories	2,105	$425K	0.2%	$201.90	$218.37	-7.6%	COM	159864107
MKC	McCormick	4,790	$399K	0.2%	$83.30 *	$63.67	+21.9%	COM	579780206
MS	Morgan Stanley	4,423	$388K	0.2%	$87.72 *	$54.18	+47.6%	COM	617446448
—	Mastercard	1,017	$370K	0.2%	$363.82	$217.70	—	COM	57636q104
CI	Cigna	1,418	$362K	0.2%	$255.29 *	$185.98	+30.6%	COM	125523100
—	ITT Corporation	4,055	$350K	0.2%	$86.31	$58.80	—	COM	45073v108
C	Citigroup	6,958	$326K	0.2%	$46.85 *	$43.49	-2.4%	COM	172967424
GILD	Gilead Sciences	3,705	$307K	0.2%	$82.86 *	$56.36	+33.7%	COM	375558103
RMD	ResMed	1,380	$302K	0.1%	$218.84 *	$192.34	+10.9%	COM	761152107
SO	Southern Company	4,085	$284K	0.1%	$69.52 *	$54.69	+15.2%	COM	842587107
SHEL	Shell	4,944	$284K	0.1%	$57.44	$52.27	+10.1%	COM	780259305
FITB	Fifth Third Bancorp	10,465	$279K	0.1%	$26.66 *	$24.72	-3.4%	COM	316773100
—	Duke Energy	2,832	$273K	0.1%	$96.40	$83.07	—	COM	26441c204
LUV	Southwest Airlines	8,179	$266K	0.1%	$32.52 *	$39.46	-22.5%	COM	844741108
—	Truist Financial	7,496	$256K	0.1%	$34.15	$52.08	—	COM	89832q109
—	Quest Diagnostics	1,773	$251K	0.1%	$141.57	$113.76	—	COM	74834l100
GGG	Graco Inc.	3,360	$245K	0.1%	$72.92 *	$62.71	+12.1%	COM	384109104
BP	BP	6,432	$244K	0.1%	$37.94	$33.28	+14.0%	COM	055622104
OXY	Occidental Petroleum	3,815	$238K	0.1%	$62.39 *	$59.16	+0.7%	COM	674599105
KHC	Kraft Heinz	5,995	$232K	0.1%	$38.70 *	$33.56	+0.3%	COM	500754106
—	Activision Blizzard	2,676	$229K	0.1%	$85.58	$87.89	—	COM	00507v109
WMB	Williams Companies	7,521	$225K	0.1%	$29.92 *	$25.81	+2.8%	COM	969457100
SYY	Sysco	2,892	$223K	0.1%	$77.11 *	$60.02	+18.5%	COM	871829107
—	Organon	8,830	$208K	0.1%	$23.56	$23.56	—	COM	68622v106
—	Avista	4,858	$206K	0.1%	$42.40	$42.40	—	COM	05379b107
BBY	Best Buy	2,629	$206K	0.1%	$78.36 *	$71.44	-4.0%	COM	086516101
—	Kronos Worldwide	22,230	$205K	0.1%	$9.22	$9.22	—	COM	50105f105
—	Viatris	19,015	$183K	0.1%	$9.62	$8.79	—	COM	92556v106