Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	Nvidia	6,151	$5.558M	2.6%	$16.45	+340.4%	—	67066G104
COST	Costco	4,899	$3.589M	1.7%	$88.24	+701.0%	—	22160K105
AMZN	Amazon.com	19,080	$3.442M	1.6%	$118.08	+41.4%	—	023135106
GWW	W.W. Grainger	3,368	$3.426M	1.6%	$188.99	+385.5%	—	384802104
SYK	Stryker	9,445	$3.38M	1.6%	$58.86	+461.2%	—	863667101
JPM	J.P. Morgan Chase	16,742	$3.353M	1.6%	$46.72	+271.6%	—	46625H100
FISV	Fiserv	20,904	$3.341M	1.6%	$50.32	+189.4%	—	337738108
CSL	Carlisle	8,160	$3.197M	1.5%	$70.89	+368.1%	—	142339100
—	Oracle Corp.	24,881	$3.125M	1.5%	$31.85	—	—	68389x105
MSFT	Microsoft	7,153	$3.01M	1.4%	$26.70	+1395.2%	—	594918104
AXP	American Express	13,082	$2.979M	1.4%	$60.88	+233.3%	—	025816109
—	Visa	10,593	$2.956M	1.4%	$99.57	—	—	92826c839
APH	Amphenol	25,532	$2.945M	1.4%	$20.85	+147.3%	—	032095101
AAPL	Apple	17,105	$2.933M	1.4%	$77.97	+131.2%	—	037833100
COR	Cencora	11,977	$2.91M	1.4%	$93.01	+143.4%	—	03073E105
WMT	Walmart	48,196	$2.9M	1.4%	$44.98	+24.6%	—	931142103
ITW	Illinois Tool Works	10,805	$2.899M	1.4%	$55.95	+342.6%	—	452308109
AFL	AFLAC	32,469	$2.788M	1.3%	$28.81	+173.4%	—	001055102
TMO	Thermo Fisher Scientific	4,756	$2.764M	1.3%	$80.23	+595.1%	—	883556102
CHD	Church & Dwight	26,028	$2.715M	1.3%	$36.85	+165.5%	—	171340102
UNH	UnitedHealth Group	5,405	$2.674M	1.2%	$164.29	+197.6%	—	91324P102
SHW	Sherwin-Williams	7,393	$2.568M	1.2%	$198.20	+58.2%	—	824348106
ORLY	O'Reilly Auto	2,258	$2.549M	1.2%	$10.45	+569.1%	—	67103H107
EMR	Emerson Electric	22,328	$2.532M	1.2%	$43.38	+129.1%	—	291011104
AMGN	Amgen	8,737	$2.484M	1.2%	$83.82	+229.4%	—	031162100
PG	Procter & Gamble	15,284	$2.48M	1.2%	$58.18	+157.6%	—	742718109
EXPD	Expeditors Int'l	20,193	$2.455M	1.1%	$66.72	+80.8%	—	302130109
—	D.R. Horton	14,569	$2.397M	1.1%	$39.28	—	—	23331a109
PEP	PepsiCo	13,697	$2.397M	1.1%	$59.69	+163.5%	—	713448108
FAST	Fastenal Co.	30,348	$2.341M	1.1%	$14.74	+130.6%	—	311900104
ADP	Automatic Data Processing	9,210	$2.3M	1.1%	$47.72	+390.9%	—	053015103
—	AbbVie	12,550	$2.285M	1.1%	$106.79	—	—	00287y109
ADI	Analog Devices	11,532	$2.281M	1.1%	$106.30	+75.2%	—	032654105
MCD	McDonalds	8,063	$2.273M	1.1%	$97.11	+186.3%	—	580135101
CAT	Caterpillar	6,204	$2.273M	1.1%	$201.95	+54.0%	—	149123101
EW	Edwards Lifesciences	23,072	$2.205M	1.0%	$60.19	+39.6%	—	28176E108
—	Booking Holdings	605	$2.196M	1.0%	$2256.19	—	—	09857l108
DHR	Danaher	8,545	$2.134M	1.0%	$38.00	+535.4%	—	235851102
—	Alphabet Class A	13,997	$2.113M	1.0%	$130.33	—	—	02079k305
CL	Colgate Palmolive	23,282	$2.097M	1.0%	$47.13	+72.6%	—	194162103
—	Adobe Systems	4,097	$2.067M	1.0%	$467.43	—	—	00724f101
CVX	Chevron Corp.	13,097	$2.066M	1.0%	$82.17	+69.2%	—	166764100
—	Lam Research	2,081	$2.022M	0.9%	$468.18	—	—	512807108
XOM	ExxonMobil	17,269	$2.007M	0.9%	$64.50	+52.1%	—	30231G102
CTAS	Cintas	2,906	$1.997M	0.9%	$71.28	+112.8%	—	172908105
APD	Air Products & Chem.	8,145	$1.973M	0.9%	$127.28	+82.7%	—	009158106
—	Globe Life	16,492	$1.919M	0.9%	$105.12	—	—	37959e102
INTU	Intuit	2,940	$1.911M	0.9%	$91.87	+587.1%	—	461202103
ECL	Ecolab	8,248	$1.904M	0.9%	$77.69	+167.7%	—	278865100
VMC	Vulcan Materials	6,963	$1.9M	0.9%	$143.61	+69.2%	—	929160109
AVY	Avery Dennison	8,356	$1.865M	0.9%	$86.52	+131.3%	—	053611109
TSCO	Tractor Supply Co.	6,998	$1.832M	0.9%	$33.96	+36.4%	—	892356106
—	Broadcom	1,361	$1.804M	0.8%	$887.26	—	—	11135f101
NOC	Northrop Grumman	3,698	$1.77M	0.8%	$140.13	+218.2%	—	666807102
AMD	Advanced Micro	9,762	$1.762M	0.8%	$44.83	+290.0%	—	007903107
CSCO	Cisco Systems	34,716	$1.733M	0.8%	$20.57	+129.5%	—	17275R102
JNJ	Johnson & Johnson	10,890	$1.723M	0.8%	$66.40	+126.3%	—	478160104
FDS	Factset Research	3,766	$1.711M	0.8%	$168.74	+170.8%	—	303075105
ABT	Abbott Laboratories	15,051	$1.711M	0.8%	$33.83	+227.5%	—	002824100
LOW	Lowes	6,454	$1.644M	0.8%	$46.18	+380.8%	—	548661107
BALL	Ball Corp.	24,259	$1.634M	0.8%	$32.48	+82.3%	—	058498106
DOV	Dover	9,183	$1.627M	0.8%	$48.69	+223.8%	—	260003108
BDX	Becton Dickinson	6,566	$1.625M	0.8%	$113.89	+102.5%	—	075887109
HD	Home Depot	4,129	$1.584M	0.7%	$72.11	+383.3%	—	437076102
SNA	Snap-on	5,193	$1.538M	0.7%	$148.08	+82.3%	—	833034101
CVS	CVS Health	19,066	$1.521M	0.7%	$53.87	+31.5%	—	126650100
ROP	Roper Technologies	2,673	$1.499M	0.7%	$118.61	+354.3%	—	776696106
MAR	Marriott Intl. Class A	5,938	$1.498M	0.7%	$158.64	+49.8%	—	571903202
NKE	Nike	15,731	$1.478M	0.7%	$51.67	+89.3%	—	654106103
HON	Honeywell	7,136	$1.465M	0.7%	$64.54	+180.1%	—	438516106
GPC	Genuine Parts	9,387	$1.454M	0.7%	$64.31	+113.9%	—	372460105
DLTR	Dollar Tree	10,841	$1.443M	0.7%	$84.29	+63.3%	—	256746108
—	Netflix	2,372	$1.441M	0.7%	$498.74	—	—	64110l106
IDXX	IDEXX Laboratories	2,664	$1.438M	0.7%	$150.80	+262.4%	—	45168D104
CTSH	Cognizant Tech	19,160	$1.404M	0.7%	$40.15	+84.6%	—	192446102
DIS	Walt Disney	11,374	$1.392M	0.6%	$66.63	+53.7%	—	254687106
ADM	Archer Daniels Midland	21,728	$1.365M	0.6%	$61.56	-10.9%	—	039483102
—	NextEra Energy	21,084	$1.347M	0.6%	$73.96	—	—	65339f101
META	Meta Platforms	2,749	$1.335M	0.6%	$110.03	+302.8%	—	30303M102
—	Alphabet Class C	8,507	$1.295M	0.6%	$127.15	—	—	02079k107
TXN	Texas Instruments	7,185	$1.252M	0.6%	$30.51	+417.5%	—	882508104
—	ConocoPhillips	9,469	$1.205M	0.6%	$90.16	—	—	20825c104
CLX	Clorox	7,774	$1.19M	0.6%	$103.86	+34.9%	—	189054109
PCAR	PACCAR Inc.	9,322	$1.155M	0.5%	$61.32	+64.4%	—	693718108
—	Constellation Brands	4,126	$1.121M	0.5%	$208.52	—	—	21036p108
SBUX	Starbucks	12,263	$1.121M	0.5%	$41.19	+115.1%	—	855244109
BMY	Bristol-Myers Squibb	20,531	$1.113M	0.5%	$46.89	-1.5%	—	110122108
SJM	J.M. Smucker	8,557	$1.077M	0.5%	$99.14	+18.8%	—	832696405
LLY	Eli Lilly	1,328	$1.033M	0.5%	$45.17	+1455.3%	—	532457108
LMT	Lockheed Martin	2,202	$1.002M	0.5%	$198.32	+109.7%	—	539830109
GIS	General Mills	14,077	$985K	0.5%	$44.39	+36.5%	—	370334104
—	CBRE Group	9,251	$900K	0.4%	$71.35	—	—	12504l109
ADSK	Autodesk	3,443	$897K	0.4%	$199.93	+26.6%	—	052769106
CI	Cigna	2,404	$873K	0.4%	$219.24	+44.9%	—	125523100
—	Check Point Software	5,291	$868K	0.4%	$107.97	—	—	m22465104
—	Valero Energy Corp	4,816	$822K	0.4%	$70.76	—	—	91913y100
INTC	Intel	18,438	$814K	0.4%	$44.04	0.0%	—	458140100
—	EOG Resources	6,329	$809K	0.4%	$58.52	—	—	26875p101
—	RTX Corp.	8,090	$789K	0.4%	$62.45	—	—	75513e101
—	Freeport-McMoRan	16,272	$765K	0.4%	$41.46	—	—	35671d857
—	Salesforce	2,434	$733K	0.3%	$209.09	—	—	79466l302
VZ	Verizon	17,465	$733K	0.3%	$31.31	+14.7%	—	92343V104
DE	Deere	1,733	$712K	0.3%	$110.22	+238.0%	—	244199105
DCI	Donaldson	9,490	$709K	0.3%	$35.10	+87.8%	—	257651109
UPS	United Parcel Service Cl B	4,475	$665K	0.3%	$104.46	+30.6%	—	911312106
IBM	IBM	3,374	$644K	0.3%	$110.10	+56.7%	—	459200101
KMB	Kimberly Clark	4,932	$638K	0.3%	$93.23	+22.4%	—	494368103
—	ITT Corporation	4,435	$603K	0.3%	$68.11	—	—	45073v108
—	Merck	4,504	$594K	0.3%	$82.98	—	—	58933y105
MDLZ	Mondelez International	8,255	$578K	0.3%	$50.13	+37.5%	—	609207105
MRSH	Marsh & McLennan	2,622	$540K	0.3%	$151.73	+27.4%	—	571748102
CRL	Charles River Laboratories	1,951	$529K	0.2%	$212.92	+12.2%	—	159864107
MS	Morgan Stanley	5,567	$524K	0.2%	$59.07	+40.9%	—	617446448
—	Medtronic	5,298	$462K	0.2%	$87.56	—	—	g5960l103
—	Mastercard	960	$462K	0.2%	$217.70	—	—	57636q104
MTD	Mettler-Toledo Int'l	320	$426K	0.2%	$754.06	+63.5%	—	592688105
ED	Consolidated Edison	4,255	$386K	0.2%	$69.95	+20.3%	—	209115104
C	Citigroup	5,853	$370K	0.2%	$43.08	+21.9%	—	172967424
—	Chemed	566	$363K	0.2%	$542.40	—	—	16359r103
NVO	Novo Nordisk	2,623	$337K	0.2%	$128.48	—	—	670100205
PHM	Pulte Corp	2,538	$306K	0.1%	$84.34	+25.4%	—	745867101
GGG	Graco Inc.	3,220	$301K	0.1%	$62.71	+37.5%	—	384109104
SHEL	Shell	4,424	$297K	0.1%	$50.70	—	—	780259305
FITB	Fifth Third Bancorp	7,881	$293K	0.1%	$24.49	+32.2%	—	316773100
AA	Alcoa	8,433	$285K	0.1%	$35.31	-19.1%	—	013872106
GILD	Gilead Sciences	3,847	$282K	0.1%	$57.62	+24.9%	—	375558103
CCK	Crown Holdings	3,432	$272K	0.1%	$89.77	-10.8%	—	228368106
MKC	McCormick	3,302	$254K	0.1%	$63.67	+1.7%	—	579780206
WMB	Williams Companies	6,207	$242K	0.1%	$26.50	+24.5%	—	969457100
PRU	Prudential	2,055	$241K	0.1%	$73.47	+34.2%	—	744320102
OXY	Occidental Petroleum	3,690	$240K	0.1%	$59.13	-2.6%	—	674599105
NRG	NRG Energy	3,545	$240K	0.1%	$32.10	+69.4%	—	629377508
AVT	Avnet	4,812	$239K	0.1%	$44.55	0.0%	—	053807103
WAT	Waters Corp.	681	$234K	0.1%	$279.13	+17.8%	—	941848103
—	Truist Financial	5,967	$233K	0.1%	$39.05	—	—	89832q109
LNC	Lincoln National Corp.	7,147	$228K	0.1%	$24.79	0.0%	—	534187109
BP	BP	5,854	$221K	0.1%	$35.35	—	—	055622104
—	Quest Diagnostics	1,663	$221K	0.1%	$113.76	—	—	74834l100
PFE	Pfizer	7,692	$213K	0.1%	$31.33	-21.3%	—	717081103
—	Goldman Sachs Group	486	$203K	0.1%	$386.06	—	—	38141g104
—	Principal Financial Group	2,326	$201K	0.1%	$86.41	—	—	74251v102
—	Duke Energy	2,072	$200K	0.1%	$83.23	—	—	26441c204
—	Viatris	12,070	$144K	0.1%	$8.89	—	—	92556v106
—	Amcor PLC	11,302	$107K	0.0%	$11.47	—	—	g0250x107