Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WMT	Wal-Mart Stores Inc	3,171,542	$282M	21.4%	$19.99	+41.8%	COM	931142103
SPGI	S&P Global Inc.	398,800	$76.19M	5.8%	$159.79	+7.8%	COM	78409V104
KO	Coca-Cola Company	1,212,773	$52.67M	4.0%	$28.29	+23.9%	COM	191216100
AAPL	Apple Inc	262,026	$43.96M	3.3%	$30.23	+33.7%	COM	037833100
XOM	Exxon Mobil	381,476	$28.46M	2.2%	$55.47	+0.5%	COM	30231G102
MSFT	Microsoft Corp	288,774	$26.36M	2.0%	$31.03	+171.7%	COM	594918104
META	Facebook Inc	128,900	$20.6M	1.6%	$102.91	+73.3%	COM	30303M102
JNJ	Johnson & Johnson	134,218	$17.2M	1.3%	$67.23	+61.2%	COM	478160104
AMGN	Amgen Inc	95,906	$16.35M	1.2%	$119.55	+20.8%	COM	031162100
VRTX	Vertex Pharmaceutical	98,547	$16.06M	1.2%	$114.60	+42.5%	COM	92532F100
INTC	Intel Corp	303,373	$15.8M	1.2%	$25.96	+54.3%	COM	458140100
PAYX	Paychex Inc	247,404	$15.24M	1.2%	$37.29	+40.5%	COM	704326107
JPM	J P Morgan Chase & Co	137,307	$15.1M	1.1%	$49.09	+86.2%	COM	46625H100
SBUX	Starbucks Corp	256,105	$14.83M	1.1%	$41.48	+17.4%	COM	855244109
CMCSA	Comcast Corp	421,905	$14.42M	1.1%	$26.83	+18.5%	COM	20030N101
UPS	United Parcel Service Inc Cl B	135,105	$14.14M	1.1%	$58.20	+46.8%	COM	911312106
PG	Procter & Gamble Co	177,841	$14.1M	1.1%	$56.18	+20.8%	COM	742718109
CSCO	Cisco Systems Inc	323,795	$13.89M	1.1%	$20.35	+64.4%	COM	17275R102
—	Alphabet Class A	13,238	$13.73M	1.0%	$826.13	—	COM	38259P508
PEP	PepsiCo	123,337	$13.46M	1.0%	$67.45	+32.3%	COM	713448108
—	Maxim Integrated Prod	195,900	$11.8M	0.9%	$31.61	—	COM	57772K101
—	United Tech	91,230	$11.48M	0.9%	$103.09	—	COM	913017109
LOW	Lowes Companies Inc	129,636	$11.38M	0.9%	$51.26	+59.8%	COM	548661107
—	SunTrust Banks	164,680	$11.21M	0.8%	$35.93	—	COM	867914103
—	B B & T Corp	204,752	$10.65M	0.8%	$39.15	—	COM	054937107
CL	Colgate-Palmolive Company	146,779	$10.52M	0.8%	$53.58	+11.5%	COM	194162103
PFE	Pfizer Inc	293,295	$10.41M	0.8%	$17.80	+36.2%	COM	717081103
USB	U S Bancorp	203,162	$10.26M	0.8%	$26.04	+53.3%	COM	902973304
TXN	Texas Instruments	98,333	$10.22M	0.8%	$31.65	+174.3%	COM	882508104
DIS	Walt Disney Company	101,671	$10.21M	0.8%	$81.70	+23.6%	COM	254687106
AFL	AFLAC Inc	233,000	$10.2M	0.8%	$30.01	+22.6%	COM	001055102
JD	JD.com Inc ADS	249,900	$10.12M	0.8%	$29.32	—	COM	47215P106
IBM	Intl Business Machines Corp	59,189	$9.081M	0.7%	$103.44	+3.7%	COM	459200101
CVX	Chevron Corp	78,676	$8.972M	0.7%	$68.09	+24.9%	COM	166764100
MRK	Merck & Company Inc	164,506	$8.961M	0.7%	$39.87	+6.0%	COM	58933Y105
MMM	3M Company	40,425	$8.874M	0.7%	$97.47	+54.1%	COM	88579Y101
MDT	Medtronic Plc	103,575	$8.309M	0.6%	$58.33	+15.4%	COM	G5960L103
—	Monsanto	70,660	$8.245M	0.6%	$103.18	—	COM	61166W101
SPY	SPDR S&P 500 Trust	30,765	$8.096M	0.6%	$206.75	—	COM	78462F103
UNH	UnitedHealth	36,615	$7.836M	0.6%	$123.69	+62.6%	COM	91324P102
BMY	Bristol Myers Squibb Company	118,200	$7.476M	0.6%	$38.24	+25.8%	COM	110122108
SLB	Schlumberger Ltd	113,993	$7.384M	0.6%	$58.76	-5.1%	COM	806857108
QCOM	Qualcomm Inc	129,635	$7.183M	0.5%	$45.07	+15.2%	COM	747525103
VZ	Verizon Communications Inc	146,785	$7.019M	0.5%	$28.47	+16.0%	COM	92343V104
YUM	YUM Brands	82,260	$7.003M	0.5%	$49.66	+43.0%	COM	988498101
—	Yum China Holdings Inc	164,550	$6.829M	0.5%	$37.01	—	COM	95580P109
CRM	Salesforce.com Inc	57,665	$6.706M	0.5%	$79.41	+42.9%	COM	79466L302
COF	Capital One Financial	69,895	$6.697M	0.5%	$64.53	+34.6%	COM	14040H105
PYPL	PayPal Hldg Inc	85,928	$6.519M	0.5%	$37.15	+113.0%	COM	70450Y103
AMT	American Tower REIT	44,715	$6.499M	0.5%	$87.41	+31.3%	COM	03027X100
AXP	American Express Co	68,927	$6.43M	0.5%	$70.46	+23.5%	COM	025816109
NKE	Nike Inc Cl B	95,100	$6.318M	0.5%	$44.81	+33.0%	COM	654106103
CME	CME Group	39,000	$6.308M	0.5%	$62.48	+93.8%	COM	12572Q105
BYD	Boyd Gaming Corp	195,000	$6.213M	0.5%	$22.60	+49.2%	COM	103304101
FAST	Fastenal Company	113,050	$6.171M	0.5%	$8.66	+29.6%	COM	311900104
HAS	Hasbro Inc	72,770	$6.135M	0.5%	$62.79	+11.5%	COM	418056107
—	Cerner Corporation	104,375	$6.054M	0.5%	$56.19	—	COM	156782104
ADBE	Adobe	27,990	$6.048M	0.5%	$91.98	+121.1%	COM	00724F101
EMR	Emerson Electric Company	85,890	$5.866M	0.4%	$49.05	+20.3%	COM	291011104
FTV	Fortive Corp	74,172	$5.75M	0.4%	$36.76	+25.4%	COM	34959J108
UNP	Union Pacific Corp	42,129	$5.663M	0.4%	$74.47	+51.8%	COM	907818108
OXY	Occidental Petr Corp	87,155	$5.662M	0.4%	$55.99	+2.6%	COM	674599105
T	AT&T Inc	156,259	$5.571M	0.4%	$12.16	+30.0%	COM	00206R102
PM	Philip Morris	55,547	$5.521M	0.4%	$58.99	+16.4%	COM	718172109
MPC	Marathon Petroleum Corp	75,326	$5.507M	0.4%	$30.64	+75.4%	COM	56585A102
MET	Metlife Inc	118,000	$5.415M	0.4%	$33.89	+9.3%	COM	59156R108
TPR	Tapestry Inc	102,650	$5.4M	0.4%	$32.95	+20.7%	COM	876030107
IVZ	Invesco PLC	168,600	$5.397M	0.4%	$21.41	+10.3%	COM	G491BT108
—	Anheuser-Busch Inbev	47,530	$5.225M	0.4%	$124.72	—	COM	035229103
XYZ	Square Inc	106,100	$5.22M	0.4%	$16.66	+175.6%	COM	852234103
PSX	Phillips 66	53,900	$5.17M	0.4%	$55.85	+28.0%	COM	718546104
SCHW	Charles Schwab Corp	97,900	$5.112M	0.4%	$29.56	+62.9%	COM	808513105
ETN	Eaton Corp	63,946	$5.11M	0.4%	$68.27	+2.9%	COM	G29183103
TJX	TJX Companies	62,630	$5.108M	0.4%	$31.54	+12.5%	COM	872540109
FISV	Fiserv	71,092	$5.07M	0.4%	$55.25	+27.3%	COM	337738108
TROW	T Rowe Price Grp Inc	46,925	$5.066M	0.4%	$55.45	+48.6%	COM	74144T108
—	Celgene Corp	55,825	$4.98M	0.4%	$112.70	—	COM	151020104
—	Duke Energy Hldg	64,113	$4.967M	0.4%	$80.25	—	COM	26441C105
MA	Mastercard	28,262	$4.95M	0.4%	$84.08	+94.7%	COM	57636Q104
EOG	EOG Resources	46,386	$4.883M	0.4%	$74.56	+8.4%	COM	26875P101
TRV	The Travelers Companies	34,966	$4.855M	0.4%	$95.52	+23.1%	COM	89417E109
CVS	CVS Corp	75,908	$4.722M	0.4%	$58.14	-3.9%	COM	126650100
SPG	Simon Property Group	30,351	$4.685M	0.4%	$111.90	-7.2%	COM	828806109
TMO	Thermo Fisher Scientific	22,170	$4.577M	0.3%	$134.81	+52.5%	COM	883556102
FDX	FedEx	18,650	$4.478M	0.3%	$162.40	+35.8%	COM	31428X106
BRK/B	Berkshire Hathaway Cl B	22,399	$4.468M	0.3%	$176.40	+16.4%	COM	084670702
GS	Goldman Sachs	16,540	$4.166M	0.3%	$180.94	+20.7%	COM	38141G104
DHR	Danaher Corp	42,205	$4.132M	0.3%	$48.93	+72.2%	COM	235851102
INTU	Intuit	23,775	$4.121M	0.3%	$99.67	+60.0%	COM	461202103
—	Alphabet Class C	3,800	$3.921M	0.3%	$908.68	—	COM	38259P706
ACN	Accenture Ltd	25,075	$3.849M	0.3%	$111.91	+25.8%	COM	G1151C101
SWK	Stanley Black & Decker	24,620	$3.772M	0.3%	$73.71	+76.7%	COM	854502101
DE	Deere & Company	23,855	$3.705M	0.3%	$92.65	+55.4%	COM	244199105
SNY	Sanofi	90,650	$3.633M	0.3%	$42.35	—	COM	80105N105
HD	Home Depot	20,000	$3.565M	0.3%	$79.65	+94.3%	COM	437076102
BAC	Bank Of America	115,143	$3.453M	0.3%	$18.96	+37.4%	COM	060505104
NEE	NextEra Energy	20,100	$3.283M	0.2%	$28.13	+12.7%	COM	65339F101
PNC	PNC Finl	20,020	$3.028M	0.2%	$69.24	+70.7%	COM	693475105
ITW	Illinois Tool Works	19,082	$2.989M	0.2%	$72.86	+87.8%	COM	452308109
CSX	CSX Corp	52,755	$2.939M	0.2%	$7.88	+113.4%	COM	126408103
—	General Electric Company	217,413	$2.931M	0.2%	$24.80	—	COM	369604103
ORCL	Oracle Corp	61,860	$2.83M	0.2%	$34.76	+27.3%	COM	68389X105
CAT	Caterpillar	18,830	$2.775M	0.2%	$64.82	+105.3%	COM	149123101
MAR	Marriott Intl New Class A	20,240	$2.752M	0.2%	$64.65	+103.0%	COM	571903202
LLY	Lilly Eli & Company	34,767	$2.69M	0.2%	$70.01	+2.4%	COM	532457108
SO	Southern Co	55,800	$2.492M	0.2%	$30.49	+5.5%	COM	842587107
CMI	Cummins	15,348	$2.488M	0.2%	$125.03	+11.8%	COM	231021106
EPD	Enterprise Products Ptrs	100,410	$2.458M	0.2%	$29.50	—	COM	293792107
—	Morgan Stanley Group	44,900	$2.423M	0.2%	$41.28	—	COM	59935P100
AEP	American Electric Power	34,300	$2.353M	0.2%	$48.75	+4.6%	COM	025537101
BK	Bank of N.Y.	45,650	$2.352M	0.2%	$41.85	+6.9%	COM	064058100
—	Praxair Inc	16,138	$2.329M	0.2%	$117.64	—	COM	74005P104
FDS	FactSet Research Systems	10,400	$2.074M	0.2%	$154.62	+20.8%	COM	303075105
FITB	Fifth Third Bancorp	65,231	$2.071M	0.2%	$12.69	+90.6%	COM	316773100
FLR	Fluor	35,800	$2.048M	0.2%	$48.93	+10.9%	COM	343412102
HON	Honeywell	12,946	$1.871M	0.1%	$84.32	+39.3%	COM	438516106
EBAY	eBay	42,600	$1.714M	0.1%	$22.17	+66.2%	COM	278642103
—	Discover Financial Service	23,326	$1.678M	0.1%	$71.94	—	COM	254709108
IWM	iShares Russell 2000 ETF	10,951	$1.663M	0.1%	$127.37	—	COM	464287655
—	DowDuPont Inc	23,753	$1.513M	0.1%	$69.24	—	COM	26078J100
COST	Costco Wholesale Corp	7,890	$1.487M	0.1%	$125.87	+34.5%	COM	22160K105
MO	Altria Group	23,535	$1.467M	0.1%	$26.55	+37.7%	COM	02209S103
—	UBS AG	75,000	$1.324M	0.1%	$18.65	—	COM	H89231388
AAP	Advance Auto Parts	11,000	$1.304M	0.1%	$135.43	-25.9%	COM	00751Y106
PLD	ProLogis Inc	20,100	$1.266M	0.1%	$47.65	+4.7%	COM	74340W103
—	Cigna	7,400	$1.241M	0.1%	$76.42	—	COM	125509109
—	Barnes Group	20,096	$1.204M	0.1%	$35.47	—	COM	067861096
—	GlaxoSmithkline	26,200	$1.024M	0.1%	$40.32	—	COM	37733W105
AMG	Affiliated Managers Group, Inc	5,263	$998K	0.1%	$153.31	+23.7%	COM	008252108
MDLZ	Mondelez Intl	23,860	$996K	0.1%	$33.51	+7.0%	COM	609207105
KLAC	KLA Tencor	8,950	$976K	0.1%	$92.17	+7.0%	COM	482480100
ABT	Abbott Laboratories	15,922	$954K	0.1%	$37.34	+40.8%	COM	002824100
APD	Air Products & Chemicals	5,700	$906K	0.1%	$105.76	+28.3%	COM	009158106
ABBV	AbbVie Inc	9,470	$896K	0.1%	$49.85	+57.5%	COM	00287Y109
COP	ConocoPhillips	15,100	$895K	0.1%	$37.97	+15.2%	COM	20825C104
—	Tiffany & Co	8,800	$859K	0.1%	$84.78	—	COM	886547108
MCD	McDonalds Corp	5,400	$844K	0.1%	$87.47	+56.2%	COM	580135101
BP	BP PLC	20,716	$840K	0.1%	$33.49	—	COM	055622104
GILD	Gilead Sciences	11,050	$833K	0.1%	$70.02	-15.9%	COM	375558103
—	Aetna	4,865	$822K	0.1%	$112.96	—	COM	00817Y108
NSC	Norfolk Southern	6,000	$815K	0.1%	$64.19	+91.1%	COM	655844108
BA	Boeing	2,395	$785K	0.1%	$127.45	+153.3%	COM	097023105
ROST	Ross Stores	9,900	$772K	0.1%	$73.33	0.0%	COM	778296103
—	Valeant Pharm Intl	46,000	$732K	0.1%	$20.67	—	COM	91911X104
ADP	Automatic Data	6,200	$704K	0.1%	$77.99	+26.4%	COM	053015103
WFC	Wells Fargo & Co	13,068	$685K	0.1%	$39.89	+19.6%	COM	949746101
—	Iron Mountain	20,472	$673K	0.1%	$35.66	—	COM	462846106
PPL	PPL Corp	23,550	$666K	0.1%	$23.22	-10.0%	COM	69351T106
FSLR	First Solar Inc	9,300	$660K	0.0%	$49.82	+36.6%	COM	336433107
D	Dominion Energy	9,598	$647K	0.0%	$46.38	+12.0%	COM	25746U109
KHC	Kraft Heinz Co	9,634	$600K	0.0%	$56.46	-13.3%	COM	500754106
—	Intercontinental Exchange	8,100	$587K	0.0%	$90.63	—	COM	45865V100
—	Ford Motor	48,635	$539K	0.0%	$15.26	—	COM	345370100
BABA	Alibaba Group Holding	2,825	$519K	0.0%	$107.81	—	COM	01609W102
—	Johnson Controls Inc	13,300	$469K	0.0%	$39.73	—	COM	478366107
AMZN	Amazon	300	$434K	0.0%	$22.68	+215.3%	COM	023135106
—	Royal Dutch Shell	6,700	$428K	0.0%	$64.74	—	COM	780259206
NOC	Northrop Grumman Corp	1,200	$419K	0.0%	$212.51	+38.5%	COM	666807102
STT	State Street Corp	4,065	$405K	0.0%	$55.18	+48.5%	COM	857477103
—	W R Grace & Co	6,600	$404K	0.0%	$98.94	—	COM	38388F108
SEE	Sealed Air	9,200	$394K	0.0%	$37.03	+5.8%	COM	81211K100
PRGS	Progress Software	10,230	$393K	0.0%	$26.46	+73.2%	COM	743312100
BOH	Bank of Hawaii	4,587	$381K	0.0%	$49.30	+25.9%	COM	062540109
—	Bemis Co Inc	8,529	$371K	0.0%	$48.89	—	COM	081437105
KMI	Kinder Morgan	23,847	$359K	0.0%	$11.08	0.0%	COM	49456B101
—	Ingersoll-Rand PLC	4,100	$351K	0.0%	$79.75	—	COM	G47791101
LMT	Lockheed Martin	900	$304K	0.0%	$188.94	+45.8%	COM	539830109
NVS	Novartis AG	3,600	$291K	0.0%	$90.76	—	COM	66987V109
MU	Micron Technology	5,500	$287K	0.0%	$30.85	+51.4%	COM	595112103
—	Shell Midstream Prt LP	13,575	$286K	0.0%	$21.07	—	COM	822634101
SAIC	Science Applications Intl Corp	3,500	$276K	0.0%	$75.45	0.0%	COM	808625107
MCHP	Microchip	3,000	$274K	0.0%	$22.41	+77.6%	COM	595017104
LDOS	Leidos Holdings, Inc.	4,000	$262K	0.0%	$58.80	0.0%	COM	525327102
KMB	Kimberly-Clark	2,300	$253K	0.0%	$78.01	+10.5%	COM	494368103
VFC	V F Corp	3,200	$237K	0.0%	$61.09	+18.4%	COM	918204108
SFM	Sprouts Farmers Market, Inc.	10,000	$235K	0.0%	$25.59	+0.2%	COM	85208M102
NVO	Novo Nordisk ADR	4,500	$222K	0.0%	$48.22	—	COM	670100205
—	Weatherford Intl	92,000	$211K	0.0%	$2.29	—	COM	G95089101
EEM	IShares MSCI Emerging Mkts ETF	4,300	$208K	0.0%	$35.17	—	COM	464287234
HAL	Halliburton	4,400	$207K	0.0%	$37.45	+12.4%	COM	406216101
ZBH	Zimmer Biomet Hldgs	1,850	$202K	0.0%	$79.34	+37.2%	COM	98956P102
—	Southwestern Energy	11,100	$48,000	0.0%	$23.22	—	COM	845467109
SHMP	NaturalShrimp Inc	55,000	$3,000	0.0%	$0.17	-33.1%	COM	63902N106
QMDT	Quick-Med Technologics	100,577	$1,000	0.0%	$0.01	+41.7%	COM	74837Q106