Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WMT	Wal-Mart Stores Inc	3,386,120	$234M	19.9%	$19.99	-0.4%	COM	931142103
KO	Coca-Cola Company	1,153,687	$47.83M	4.1%	$28.05	+11.3%	COM	191216100
XOM	Exxon Mobil	352,624	$31.83M	2.7%	$55.47	+4.9%	COM	30231G102
PG	Procter & Gamble Co	330,259	$27.77M	2.4%	$56.01	+19.2%	COM	742718109
UPS	United Parcel Service Inc Cl B	239,964	$27.51M	2.3%	$57.80	+38.9%	COM	911312106
AAPL	Apple Inc	195,102	$22.6M	1.9%	$25.92	+0.6%	COM	037833100
MSFT	Microsoft Corp	328,692	$20.43M	1.7%	$31.03	+73.8%	COM	594918104
JNJ	Johnson & Johnson	149,060	$17.17M	1.5%	$66.40	+35.1%	COM	478160104
META	Facebook Inc	139,801	$16.08M	1.4%	$84.01	+45.2%	COM	30303M102
PEP	PepsiCo	149,609	$15.65M	1.3%	$67.45	+17.7%	COM	713448108
PAYX	Paychex Inc	235,688	$14.35M	1.2%	$36.41	+20.7%	COM	704326107
CL	Colgate-Palmolive Company	212,089	$13.88M	1.2%	$50.03	+10.7%	COM	194162103
—	General Electric Company	435,966	$13.78M	1.2%	$24.81	—	COM	369604103
JPM	J P Morgan Chase & Co	158,404	$13.67M	1.2%	$41.39	+44.7%	COM	46625H100
MRK	Merck & Company Inc	222,961	$13.13M	1.1%	$39.66	+11.1%	COM	58933Y105
USB	U S Bancorp	235,969	$12.12M	1.0%	$25.80	+30.9%	COM	902973304
CVX	Chevron Corp	98,565	$11.6M	1.0%	$66.94	+10.2%	COM	166764100
—	B B & T Corp	241,324	$11.35M	1.0%	$39.15	—	COM	054937107
—	SunTrust Banks	206,200	$11.31M	1.0%	$35.93	—	COM	867914103
INTC	Intel Corp	303,573	$11.01M	0.9%	$25.33	+15.1%	COM	458140100
ABT	Abbott Laboratories	280,601	$10.78M	0.9%	$37.34	-9.9%	COM	002824100
MMM	3M Company	59,854	$10.69M	0.9%	$96.17	+10.4%	COM	88579Y101
SBUX	Starbucks Corp	191,365	$10.63M	0.9%	$39.17	+16.4%	COM	855244109
CMCSA	Comcast Corp	152,550	$10.53M	0.9%	$20.10	+33.5%	COM	20030N101
CSCO	Cisco Systems Inc	342,501	$10.35M	0.9%	$20.10	+14.7%	COM	17275R102
DIS	Walt Disney Company	98,846	$10.3M	0.9%	$79.08	+14.7%	COM	254687106
AMGN	Amgen Inc	68,229	$9.976M	0.8%	$115.23	-0.7%	COM	031162100
PFE	Pfizer Inc	306,383	$9.951M	0.8%	$17.51	+17.1%	COM	717081103
WFC	Wells Fargo & Co	176,151	$9.708M	0.8%	$39.89	-2.2%	COM	949746101
TXN	Texas Instruments	126,776	$9.251M	0.8%	$31.25	+77.5%	COM	882508104
VRTX	Vertex Pharmaceutical	125,210	$9.224M	0.8%	$112.68	-27.8%	COM	92532F100
AFL	AFLAC Inc	130,700	$9.097M	0.8%	$23.64	+20.4%	COM	001055102
SPY	SPDR S&P 500 Trust	39,108	$8.742M	0.7%	$205.92	—	COM	78462F103
—	Maxim Integrated Prod	221,601	$8.547M	0.7%	$30.98	—	COM	57772K101
LOW	Lowes Companies Inc	118,262	$8.411M	0.7%	$44.20	+35.3%	COM	548661107
JD	JD.com Inc ADS	330,000	$8.395M	0.7%	$29.32	—	COM	47215P106
VFC	V F Corp	151,769	$8.097M	0.7%	$61.09	-15.1%	COM	918204108
DE	Deere & Company	77,730	$8.009M	0.7%	$71.76	+13.5%	COM	244199105
—	Monsanto	76,000	$7.996M	0.7%	$103.18	—	COM	61166W101
MDT	Medtronic Plc	110,473	$7.869M	0.7%	$58.16	+7.2%	COM	G5960L103
BMY	Bristol Myers Squibb Company	130,868	$7.648M	0.7%	$38.20	+3.5%	COM	110122108
MO	Altria Group	109,845	$7.428M	0.6%	$26.55	+28.0%	COM	02209S103
COF	Capital One Financial	84,995	$7.415M	0.6%	$64.53	+6.5%	COM	14040H105
HD	Home Depot	54,350	$7.287M	0.6%	$79.65	+29.8%	COM	437076102
OXY	Occidental Petr Corp	99,960	$7.12M	0.6%	$55.95	-1.7%	COM	674599105
—	Celgene Corp	61,418	$7.109M	0.6%	$112.13	—	COM	151020104
PLD	ProLogis Inc	133,900	$7.069M	0.6%	$30.80	+27.4%	COM	74340W103
ORCL	Oracle Corp	179,200	$6.89M	0.6%	$32.43	+5.3%	COM	68389X105
T	AT&T Inc	159,060	$6.765M	0.6%	$12.07	+28.1%	COM	00206R102
PSX	Phillips 66	76,084	$6.574M	0.6%	$55.83	+5.1%	COM	718546104
—	United Tech	59,428	$6.514M	0.6%	$97.11	—	COM	913017109
BP	BP PLC	173,712	$6.493M	0.6%	$33.49	—	COM	055622104
MPC	Marathon Petroleum Corp	128,628	$6.476M	0.6%	$30.64	+11.7%	COM	56585A102
CME	CME Group	56,072	$6.468M	0.6%	$62.48	+25.8%	COM	12572Q105
SLB	Schlumberger Ltd	76,411	$6.415M	0.5%	$59.43	+6.1%	COM	806857108
MCD	McDonalds Corp	51,900	$6.317M	0.5%	$72.15	+30.7%	COM	580135101
VZ	Verizon Communications Inc	117,535	$6.274M	0.5%	$27.34	+13.3%	COM	92343V104
UNP	Union Pacific Corp	59,757	$6.196M	0.5%	$70.24	+14.4%	COM	907818108
ADP	Automatic Data	57,440	$5.904M	0.5%	$68.17	+12.6%	COM	053015103
MA	Mastercard	56,160	$5.799M	0.5%	$84.08	+16.9%	COM	57636Q104
AXP	American Express Co	77,640	$5.752M	0.5%	$69.18	-11.8%	COM	025816109
NEE	NextEra Energy	47,926	$5.725M	0.5%	$19.72	+20.3%	COM	65339F101
—	Harris Corp	55,300	$5.667M	0.5%	$77.64	—	COM	413875105
UNH	UnitedHealth	33,637	$5.383M	0.5%	$103.83	+24.4%	COM	91324P102
—	Alphabet Class A	6,610	$5.238M	0.4%	$715.74	—	COM	38259P508
IBM	Intl Business Machines Corp	31,490	$5.227M	0.4%	$96.57	+6.7%	COM	459200101
—	Johnson Controls Inc	125,967	$5.189M	0.4%	$39.74	—	COM	478366107
SPG	Simon Property Group	28,042	$4.982M	0.4%	$113.13	+1.5%	COM	828806109
COST	Costco Wholesale Corp	29,325	$4.695M	0.4%	$125.26	+3.6%	COM	22160K105
MET	Metlife Inc	84,105	$4.532M	0.4%	$31.51	+7.0%	COM	59156R108
IVZ	Invesco PLC	148,150	$4.495M	0.4%	$21.14	-4.5%	COM	G491BT108
—	Crown Castle	51,390	$4.459M	0.4%	$91.64	—	COM	228227104
CVS	CVS Corp	55,710	$4.396M	0.4%	$55.40	+10.2%	COM	126650100
SCHW	Charles Schwab Corp	110,300	$4.354M	0.4%	$25.22	+26.0%	COM	808513105
BA	Boeing	27,721	$4.316M	0.4%	$127.45	+5.9%	COM	097023105
ADSK	Autodesk	57,700	$4.27M	0.4%	$58.41	+26.1%	COM	052769106
PNC	PNC Finl	36,110	$4.223M	0.4%	$64.34	+19.9%	COM	693475105
YUM	YUM Brands	66,470	$4.21M	0.4%	$44.60	+19.5%	COM	988498101
—	Express Scripts	60,625	$4.17M	0.4%	$87.04	—	COM	302182100
ITW	Illinois Tool Works	31,440	$3.85M	0.3%	$72.29	+34.4%	COM	452308109
—	Anheuser-Busch Inbev	35,912	$3.787M	0.3%	$129.23	—	COM	035229103
ADBE	Adobe	36,705	$3.779M	0.3%	$73.15	+44.7%	COM	00724F101
AMT	American Tower REIT	35,480	$3.75M	0.3%	$74.98	+15.1%	COM	03027X100
TGT	Target Corp	51,035	$3.686M	0.3%	$55.74	-0.7%	COM	87612E106
NKE	Nike Inc Cl B	71,530	$3.636M	0.3%	$42.80	+6.5%	COM	654106103
PYPL	PayPal Hldg Inc	90,700	$3.58M	0.3%	$35.96	+11.5%	COM	70450Y103
HAS	Hasbro Inc	46,000	$3.578M	0.3%	$55.97	+8.1%	COM	418056107
FISV	Fiserv	33,600	$3.571M	0.3%	$38.52	+33.4%	COM	337738108
AAP	Advance Auto Parts	20,700	$3.501M	0.3%	$135.43	+1.8%	COM	00751Y106
PM	Philip Morris	38,071	$3.483M	0.3%	$53.32	+9.2%	COM	718172109
VLO	Valero Energy	50,380	$3.442M	0.3%	$43.31	-1.2%	COM	91913Y100
SO	Southern Co	69,401	$3.414M	0.3%	$30.06	+11.6%	COM	842587107
—	Coach Inc	97,100	$3.4M	0.3%	$36.61	—	COM	189754104
TROW	T Rowe Price Grp Inc	45,062	$3.391M	0.3%	$53.69	-5.7%	COM	74144T108
AMP	Ameriprise Financial	29,950	$3.323M	0.3%	$85.97	+2.4%	COM	03076C106
PPL	PPL Corp	97,120	$3.307M	0.3%	$23.29	-4.3%	COM	69351T106
TMO	Thermo Fisher Scientific	22,880	$3.228M	0.3%	$129.91	+10.6%	COM	883556102
FDX	FedEx	17,135	$3.191M	0.3%	$144.27	+9.7%	COM	31428X106
GILD	Gilead Sciences	44,222	$3.167M	0.3%	$70.27	-24.3%	COM	375558103
CSX	CSX Corp	87,380	$3.14M	0.3%	$7.88	+25.5%	COM	126408103
EPD	Enterprise Products Ptrs	112,710	$3.048M	0.3%	$29.50	—	COM	293792107
TJX	TJX Companies	39,350	$2.956M	0.3%	$30.95	+7.4%	COM	872540109
BRK/B	Berkshire Hathaway Cl B	17,460	$2.846M	0.2%	$145.26	+6.0%	COM	084670702
SWK	Stanley Black & Decker	24,620	$2.824M	0.2%	$73.71	+27.0%	COM	854502101
ZBH	Zimmer Biomet Hldgs	27,080	$2.795M	0.2%	$78.60	+26.5%	COM	98956P102
QCOM	Qualcomm Inc	40,893	$2.666M	0.2%	$46.39	+12.6%	COM	747525103
—	Praxair Inc	22,353	$2.62M	0.2%	$117.64	—	COM	74005P104
TRV	The Travelers Companies	20,453	$2.504M	0.2%	$87.40	+6.9%	COM	89417E109
SNY	Sanofi	60,660	$2.453M	0.2%	$40.44	—	COM	80105N105
FAST	Fastenal Company	52,176	$2.451M	0.2%	$8.30	+4.2%	COM	311900104
DHR	Danaher Corp	30,625	$2.384M	0.2%	$35.59	+86.4%	COM	235851102
LLY	Lilly Eli & Company	31,690	$2.331M	0.2%	$69.71	-7.9%	COM	532457108
MAR	Marriott Intl New Class A	27,500	$2.274M	0.2%	$64.65	+7.3%	COM	571903202
INTU	Intuit	18,315	$2.099M	0.2%	$76.13	+37.6%	COM	461202103
D	Dominion Res	26,676	$2.043M	0.2%	$46.38	+6.6%	COM	25746U109
HIG	Hartford Finl	41,940	$1.998M	0.2%	$34.43	+9.3%	COM	416515104
CAT	Caterpillar	21,130	$1.96M	0.2%	$62.75	+17.5%	COM	149123101
FITB	Fifth Third Bancorp	71,140	$1.919M	0.2%	$12.69	+36.3%	COM	316773100
EOG	EOG Resources	18,770	$1.898M	0.2%	$66.68	+8.5%	COM	26875P101
A	Agilent	39,750	$1.811M	0.2%	$36.91	+14.6%	COM	00846U101
CRM	Salesforce.com Inc	25,720	$1.761M	0.1%	$68.63	+4.5%	COM	79466L302
FLR	Fluor	32,900	$1.728M	0.1%	$49.64	-3.3%	COM	343412102
—	Yum China Holdings Inc	65,570	$1.713M	0.1%	$26.12	—	COM	95580P109
BAC	Bank Of America	76,100	$1.682M	0.1%	$12.66	+23.8%	COM	060505104
GS	Goldman Sachs	6,400	$1.532M	0.1%	$143.25	+17.1%	COM	38141G104
—	Cerner Corporation	31,995	$1.516M	0.1%	$47.38	—	COM	156782104
ABBV	AbbVie Inc	23,140	$1.449M	0.1%	$39.51	+5.8%	COM	00287Y109
EBAY	eBay	48,000	$1.425M	0.1%	$20.74	+26.7%	COM	278642103
FDS	FactSet Research Systems	8,210	$1.342M	0.1%	$145.15	+0.1%	COM	303075105
IWM	iShares Russell 2000 ETF	9,765	$1.317M	0.1%	$120.18	—	COM	464287655
—	Barnes Group	27,500	$1.304M	0.1%	$35.47	—	COM	067861096
—	Cigna	9,700	$1.294M	0.1%	$76.42	—	COM	125509109
—	Morgan Stanley Group	29,250	$1.236M	0.1%	$33.26	—	COM	59935P100
—	Aetna	9,500	$1.178M	0.1%	$112.96	—	COM	00817Y108
—	Duke Energy Hldg	14,993	$1.164M	0.1%	$80.05	—	COM	26441C105
HON	Honeywell	8,997	$1.042M	0.1%	$73.59	+14.4%	COM	438516106
—	Tiffany & Co	13,300	$1.03M	0.1%	$84.78	—	COM	886547108
—	Flowserve Corp	21,350	$1.026M	0.1%	$44.87	—	COM	34354p105
MDLZ	Mondelez Intl	22,970	$1.018M	0.1%	$33.12	+4.9%	COM	609207105
EMR	Emerson Electric Company	17,767	$991K	0.1%	$42.94	-0.2%	COM	291011104
—	DuPont De Nemours & Co	13,500	$991K	0.1%	$57.44	—	COM	263534109
AMZN	Amazon	1,300	$975K	0.1%	$18.83	+108.1%	COM	023135106
—	UBS AG	61,840	$969K	0.1%	$19.22	—	COM	H89231388
ELV	Anthem Inc	6,378	$917K	0.1%	$117.28	+1.1%	COM	036752103
MCHP	Microchip	13,750	$882K	0.1%	$20.75	+27.9%	COM	595017104
—	Ashland Inc	7,580	$828K	0.1%	$115.96	—	COM	044209104
APD	Air Products & Chemicals	5,700	$820K	0.1%	$105.76	+5.5%	COM	009158106
FTV	Fortive Corp	15,162	$813K	0.1%	$30.87	+3.2%	COM	34959J108
—	Time Warner Inc	8,233	$795K	0.1%	$84.43	—	COM	887315109
NSC	Norfolk Southern	7,350	$794K	0.1%	$64.19	+30.8%	COM	655844108
—	Dow Chemical	13,100	$750K	0.1%	$38.04	—	COM	260543103
—	Whole Foods Market	24,000	$738K	0.1%	$39.79	—	COM	966837106
COP	ConocoPhillips	13,623	$683K	0.1%	$40.86	-14.9%	COM	20825C104
KHC	Kraft Heinz Co	7,734	$675K	0.1%	$56.47	0.0%	COM	500754106
—	GlaxoSmithkline	17,241	$664K	0.1%	$44.42	—	COM	37733W105
MCK	McKesson	4,700	$660K	0.1%	$166.54	-17.8%	COM	58155Q103
STT	State Street Corp	8,165	$635K	0.1%	$55.18	+4.3%	COM	857477103
PRGS	Progress Software	18,850	$602K	0.1%	$26.46	+9.7%	COM	743312100
—	Ford Motor	48,435	$588K	0.1%	$15.33	—	COM	345370100
ETN	Eaton Corp	8,631	$579K	0.0%	$50.75	+6.7%	COM	G29183103
NOC	Northrop Grumman Corp	2,487	$578K	0.0%	$154.07	+30.2%	COM	666807102
NFLX	Netflix	4,200	$520K	0.0%	$10.07	+17.7%	COM	64110L106
—	Intercontinental Exchange	9,000	$508K	0.0%	$91.82	—	COM	45865V100
EFA	iShares MSCI EAFE ETF	8,451	$488K	0.0%	$63.55	—	COM	464287465
—	Stericycle	6,230	$480K	0.0%	$125.20	—	COM	858912108
—	Reynolds American	8,483	$475K	0.0%	$56.93	—	COM	761713106
AEP	American Electric Power	7,300	$460K	0.0%	$41.31	+8.2%	COM	025537101
—	W R Grace & Co	6,600	$446K	0.0%	$98.94	—	COM	38388F108
—	Marathon Oil	25,050	$434K	0.0%	$26.12	—	COM	565849106
SEE	Sealed Air	9,200	$417K	0.0%	$37.03	+5.8%	COM	81211K100
BOH	Bank of Hawaii	4,587	$407K	0.0%	$49.30	+17.1%	COM	062540109
—	Energy Transfer Ptrs LP	11,224	$402K	0.0%	$50.25	—	COM	29273R109
TD	Toronto-Dominion Bank	7,800	$385K	0.0%	$42.97	+8.8%	COM	891160509
—	Xilinx	6,250	$377K	0.0%	$41.29	—	COM	983919101
FSLR	First Solar Inc	11,100	$356K	0.0%	$51.35	-31.6%	COM	336433107
HSY	Hershey Company	3,122	$323K	0.0%	$78.03	+1.8%	COM	427866108
HAL	Halliburton	5,900	$319K	0.0%	$50.09	-16.7%	COM	406216101
XYZ	Square Inc	22,600	$308K	0.0%	$10.92	+14.0%	COM	852234103
IP	Intl Paper	5,471	$290K	0.0%	$22.81	+37.0%	COM	460146103
LMT	Lockheed Martin	1,100	$275K	0.0%	$165.21	+18.6%	COM	539830109
SJM	J M Smucker Co	2,100	$269K	0.0%	$81.72	+19.4%	COM	832696405
NVS	Novartis AG	3,635	$265K	0.0%	$90.76	—	COM	66987V109
—	SPDR S&P MidCap 400 ETF	846	$255K	0.0%	$277.12	—	COM	595635103
NEU	Newmarket Corp	600	$254K	0.0%	$367.39	-6.2%	COM	651587107
—	Buckeye Partners LP	3,700	$245K	0.0%	$67.84	—	COM	118230101
—	SPDR DJIA ETF Trust	1,200	$237K	0.0%	$177.69	—	COM	252787106
KMB	Kimberly-Clark	2,007	$229K	0.0%	$76.78	+10.1%	COM	494368103
—	Amer Capital Strategies LTD	12,747	$228K	0.0%	$14.83	—	COM	024937104
SYK	Stryker	1,900	$228K	0.0%	$82.04	+26.7%	COM	863667101
—	Ingersoll-Rand PLC	3,000	$225K	0.0%	$75.00	—	COM	G47791101
CMI	Cummins	1,620	$221K	0.0%	$74.19	+42.0%	COM	231021106
ED	Consolidated Edison	3,000	$221K	0.0%	$49.79	+4.5%	COM	209115104
EEM	IShares MSCI Emerging Mkts ETF	6,230	$218K	0.0%	$34.33	—	COM	464287234
SFM	Sprouts Farmers Market, Inc.	10,000	$189K	0.0%	$25.59	-17.9%	COM	85208M102
—	America Movil S.A.B.	10,000	$126K	0.0%	$20.50	—	COM	02364W105
—	Southwestern Energy	11,100	$120K	0.0%	$23.22	—	COM	845467109
QMDT	Quick-Med Technologics	100,577	$1,000	0.0%	$0.01	-24.7%	COM	74837Q106