Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MERCK & CO INC	774,550	$45.6M	15.6%	$58.87	$58.87	—	COM	58933y105
—	EXXON MOBIL CORP	187,338	$16.91M	5.8%	$90.26	$90.26	—	COM	30231g102
—	3M CO	79,671	$14.23M	4.9%	$178.57	$178.57	—	COM	88579y101
IBM	INTERNATIONAL BUSINESS MACHS	75,660	$12.56M	4.3%	$165.99 *	$103.05	+4.6%	COM	459200101
—	GENERAL ELECTRIC CO	371,738	$11.75M	4.0%	$31.60	$31.60	—	COM	369604103
—	DU PONT E I DE NEMOURS & CO	122,209	$8.97M	3.1%	$73.40	$73.40	—	COM	263534109
MSFT	MICROSOFT CORP	82,782	$5.144M	1.8%	$62.14 *	$53.94	+3.6%	COM	594918104
PG	PROCTER AND GAMBLE CO	55,807	$4.692M	1.6%	$84.08 *	$66.77	-1.2%	COM	742718109
NOC	NORTHROP GRUMMAN CORP	20,139	$4.684M	1.6%	$232.58 *	$200.65	+0.3%	COM	666807102
—	CHUBB LIMITED	33,028	$4.364M	1.5%	$132.13	$132.13	—	COM	h1467j104
JNJ	JOHNSON & JOHNSON	35,790	$4.123M	1.4%	$115.20 *	$89.71	+0.1%	COM	478160104
—	JPMORGAN CHASE & CO	45,740	$3.947M	1.4%	$86.29	$86.29	—	COM	46625h100
—	VERIZON COMMUNICATIONS INC	68,692	$3.667M	1.3%	$53.38	$53.38	—	COM	92343v104
EMR	EMERSON ELEC CO	57,317	$3.195M	1.1%	$55.74 *	$42.86	+4.0%	COM	291011104
WY	WEYERHAEUSER CO	101,390	$3.051M	1.0%	$30.09 *	$21.68	-2.1%	COM	962166104
SLB	SCHLUMBERGER LTD	36,306	$3.048M	1.0%	$83.95 *	$63.04	+2.8%	COM	806857108
—	AT&T INC	68,738	$2.923M	1.0%	$42.52	$42.52	—	COM	00206r102
DIS	DISNEY WALT CO	27,353	$2.851M	1.0%	$104.23 *	$90.71	+7.5%	COM DISNEY	254687106
KHC	KRAFT HEINZ CO	32,250	$2.816M	1.0%	$87.32 *	$56.47	+2.6%	COM	500754106
—	ACCENTURE PLC IRELAND	23,037	$2.698M	0.9%	$117.12	$117.12	—	SHS CLASS A	g1151c101
USB	US BANCORP DEL	50,775	$2.608M	0.9%	$51.36 *	$33.77	+8.6%	COM NEW	902973304
—	DOMINION RES INC VA NEW	32,263	$2.471M	0.8%	$76.59	$76.59	—	COM	25746u109
—	EQT CORP	37,150	$2.43M	0.8%	$65.41	$65.41	—	COM	26884l109
—	AQUA AMERICA INC	80,849	$2.429M	0.8%	$30.04	$30.04	—	COM	03836w103
FHI	FEDERATED INVS INC PA	78,540	$2.221M	0.8%	$28.28 *	$18.35	+4.0%	CL B	314211103
—	CISCO SYS INC	73,128	$2.21M	0.8%	$30.22	$30.22	—	COM	17275r102
PM	PHILIP MORRIS INTL INC	23,342	$2.136M	0.7%	$91.51 *	$58.23	-0.3%	COM	718172109
—	SPECTRA ENERGY CORP	51,850	$2.131M	0.7%	$41.10	$41.10	—	COM	847560109
BMY	BRISTOL MYERS SQUIBB CO	35,444	$2.071M	0.7%	$58.43 *	$39.53	+6.9%	COM	110122108
—	EXELON CORP	58,040	$2.06M	0.7%	$35.49	$35.49	—	COM	30161n101
HP	HELMERICH & PAYNE INC	25,950	$2.009M	0.7%	$77.42	$71.03	+9.0%	COM	423452101
BNS	BANK N S HALIFAX	34,275	$1.908M	0.7%	$55.67 *	$34.36	+3.1%	COM	064149107
GD	GENERAL DYNAMICS CORP	11,011	$1.901M	0.7%	$172.65 *	$134.10	+5.6%	COM	369550108
—	BROOKFIELD ASSET MGMT INC	55,986	$1.848M	0.6%	$33.01	$33.01	—	CL A LTD VT SH	112585104
—	COACH INC	51,825	$1.815M	0.6%	$35.02	$35.02	—	COM	189754104
CL	COLGATE PALMOLIVE CO	27,290	$1.786M	0.6%	$65.45 *	$55.37	-4.4%	COM	194162103
WMT	WAL-MART STORES INC	25,621	$1.771M	0.6%	$69.12 *	$19.91	-0.8%	COM	931142103
PFE	PFIZER INC	53,676	$1.743M	0.6%	$32.47 *	$20.50	+1.4%	COM	717081103
—	DIAGEO P L C	16,200	$1.684M	0.6%	$103.95	$103.95	—	SPON ADR NEW	25243q205
CVX	CHEVRON CORP NEW	14,187	$1.67M	0.6%	$117.71 *	$73.80	+8.6%	COM	166764100
CVS	CVS HEALTH CORP	20,726	$1.635M	0.6%	$78.89 *	$61.05	-2.4%	COM	126650100
IWF	ISHARES TR	15,378	$1.613M	0.6%	$104.89 *	$25.95	+1.0%	RUS 1000 GRW ETF	464287614
PNC	PNC FINL SVCS GROUP INC	13,750	$1.608M	0.6%	$116.95 *	$77.14	+12.6%	COM	693475105
NFG	NATIONAL FUEL GAS CO N J	27,558	$1.561M	0.5%	$56.64	$54.73	+3.5%	COM	636180101
WFC	WELLS FARGO & CO NEW	27,997	$1.543M	0.5%	$55.11 *	$39.03	+9.9%	COM	949746101
UPS	UNITED PARCEL SERVICE INC	12,835	$1.471M	0.5%	$114.61 *	$80.28	+2.0%	CL B	911312106
KO	COCA COLA CO	33,454	$1.387M	0.5%	$41.46 *	$31.21	+0.2%	COM	191216100
KSS	KOHLS CORP	27,850	$1.375M	0.5%	$49.37	$49.49	-0.2%	COM	500255104
AAPL	APPLE INC	11,794	$1.366M	0.5%	$115.82 *	$26.09	+2.3%	COM	037833100
SJM	SMUCKER J M CO	10,561	$1.352M	0.5%	$128.02 *	$97.61	-1.0%	COM NEW	832696405
—	GARMIN LTD	27,700	$1.343M	0.5%	$48.48	$48.48	—	SHS	h2906t109
INTC	INTEL CORP	36,707	$1.331M	0.5%	$36.26 *	$29.15	+1.6%	COM	458140100
VB	VANGUARD INDEX FDS	10,310	$1.33M	0.5%	$129.00	$124.11	+3.9%	SMALL CP ETF	922908751
—	ALTRIA GROUP INC	19,654	$1.329M	0.5%	$67.62	$67.62	—	COM	02209s103
—	TRANSCANADA CORP	29,345	$1.325M	0.5%	$45.15	$45.15	—	COM	89353d107
—	WASTE MGMT INC DEL	18,333	$1.3M	0.4%	$70.91	$70.91	—	COM	94106l109
—	BROOKFIELD PPTY PARTNERS L P	58,814	$1.293M	0.4%	$21.98	$21.98	—	UNIT LTD PARTN	g16249107
WU	WESTERN UN CO	58,200	$1.264M	0.4%	$21.72	$21.72	—	COM	959802109
—	GENESEE & WYO INC	18,050	$1.253M	0.4%	$69.42	$69.42	—	CL A	371559105
CAT	CATERPILLAR INC DEL	12,725	$1.18M	0.4%	$92.73 *	$73.74	+2.5%	COM	149123101
QCOM	QUALCOMM INC	17,968	$1.172M	0.4%	$65.23 *	$52.25	-2.5%	COM	747525103
NSC	NORFOLK SOUTHERN CORP	9,945	$1.075M	0.4%	$108.09 *	$83.99	+7.2%	COM	655844108
IWM	ISHARES TR	7,785	$1.05M	0.4%	$134.87	$127.79	+5.5%	RUSSELL 2000 ETF	464287655
—	STAPLES INC	115,850	$1.048M	0.4%	$9.05	$9.05	—	COM	855030102
PPG	PPG INDS INC	11,050	$1.047M	0.4%	$94.75 *	$80.65	-0.5%	COM	693506107
—	UNILEVER PLC	25,335	$1.031M	0.4%	$40.69	$40.69	—	SPON ADR NEW	904767704
NEM	NEWMONT MINING CORP	29,742	$1.013M	0.3%	$34.06 *	$26.88	-0.2%	COM	651639106
UNP	UNION PAC CORP	8,970	$930K	0.3%	$103.68 *	$80.32	+5.8%	COM	907818108
—	ROYAL DUTCH SHELL PLC	16,912	$920K	0.3%	$54.40	$54.40	—	SPONS ADR A	780259206
—	WESTROCK CO	17,816	$905K	0.3%	$50.80	$50.80	—	COM	96145d105
—	DEVON ENERGY CORP NEW	19,699	$900K	0.3%	$45.69	$45.69	—	COM	25179m103
—	UNITED TECHNOLOGIES CORP	8,176	$896K	0.3%	$109.59	$109.59	—	COM	913017109
—	THOMSON REUTERS CORP	20,300	$889K	0.3%	$43.79	$43.79	—	COM	884903105
ITW	ILLINOIS TOOL WKS INC	7,200	$882K	0.3%	$122.50 *	$97.16	+1.9%	COM	452308109
—	ONEBEACON INSURANCE GROUP LT	54,800	$880K	0.3%	$16.06	$16.06	—	CL A	g67742109
TXN	TEXAS INSTRS INC	11,998	$875K	0.3%	$72.93 *	$55.48	+2.5%	COM	882508104
ADP	AUTOMATIC DATA PROCESSING IN	8,459	$869K	0.3%	$102.73 *	$76.76	+10.6%	COM	053015103
LFUS	LITTELFUSE INC	5,720	$868K	0.3%	$151.75	$142.67	+6.4%	COM	537008104
—	NEXTERA ENERGY INC	7,106	$849K	0.3%	$119.48	$119.48	—	COM	65339f101
MDLZ	MONDELEZ INTL INC	18,887	$837K	0.3%	$44.32 *	$34.73	+3.3%	CL A	609207105
EFA	ISHARES TR	14,400	$831K	0.3%	$57.71	$57.67	+0.1%	MSCI EAFE ETF	464287465
WSM	WILLIAMS SONOMA INC	16,540	$800K	0.3%	$48.37 *	$20.54	-4.9%	COM	969904101
—	CONOCOPHILLIPS	15,783	$791K	0.3%	$50.12	$50.12	—	COM	20825c104
—	NOVARTIS A G	10,600	$772K	0.3%	$72.83	$72.83	—	SPONSORED ADR	66987v109
—	ROYAL DUTCH SHELL PLC	13,133	$761K	0.3%	$57.95	$57.95	—	SPON ADR B	780259107
—	TARGET CORP	10,368	$749K	0.3%	$72.24	$72.24	—	COM	87612e106
LLY	LILLY ELI & CO	10,165	$748K	0.3%	$73.59 *	$64.22	-0.9%	COM	532457108
—	INSTALLED BLDG PRODS INC	17,100	$706K	0.2%	$41.29	$41.29	—	COM	45780r101
—	MEDTRONIC PLC	9,575	$682K	0.2%	$71.23	$71.23	—	SHS	g5960l103
—	VISA INC	8,240	$643K	0.2%	$78.03	$78.03	—	COM CL A	92826c839
—	WHOLE FOODS MKT INC	20,650	$635K	0.2%	$30.75	$30.75	—	COM	966837106
—	WAGEWORKS INC	8,500	$616K	0.2%	$72.47	$72.47	—	COM	930427109
—	ENVESTNET INC	17,440	$615K	0.2%	$35.26	$35.26	—	COM	29404k106
SBUX	STARBUCKS CORP	11,064	$614K	0.2%	$55.50 *	$45.58	+0.4%	COM	855244109
PEP	PEPSICO INC	5,819	$609K	0.2%	$104.66 *	$79.36	+0.4%	COM	713448108
—	AMERICAN EAGLE OUTFITTERS NE	39,600	$601K	0.2%	$15.18	$15.18	—	COM	02553e106
—	RESTORATION HARDWARE HLDGS I	19,100	$586K	0.2%	$30.68	$30.68	—	COM	761283100
AEP	AMERICAN ELEC PWR INC	9,103	$573K	0.2%	$62.95 *	$44.69	+2.5%	COM	025537101
—	BEACON ROOFING SUPPLY INC	12,400	$571K	0.2%	$46.05	$46.05	—	COM	073685109
VWO	VANGUARD INTL EQUITY INDEX F	15,953	$571K	0.2%	$35.79	$36.63	-2.3%	FTSE EMR MKT ETF	922042858
—	VODAFONE GROUP PLC NEW	23,109	$565K	0.2%	$24.45	$24.45	—	SPNSR ADR	92857w308
VFC	V F CORP	10,450	$558K	0.2%	$53.40 *	$51.86	-3.1%	COM	918204108
THO	THOR INDS INC	5,400	$540K	0.2%	$100.00 *	$75.21	+11.3%	COM	885160101
—	QUANTA SVCS INC	15,500	$540K	0.2%	$34.84	$34.84	—	COM	74762e102
JJSF	J & J SNACK FOODS CORP	4,050	$540K	0.2%	$133.33 *	$105.42	+8.5%	COM	466032109
—	CIGNA CORPORATION	4,016	$536K	0.2%	$133.47	$133.47	—	COM	125509109
LMT	LOCKHEED MARTIN CORP	2,130	$532K	0.2%	$249.77 *	$195.92	+0.4%	COM	539830109
—	BLACKROCK INC	1,395	$531K	0.2%	$380.65	$380.65	—	COM	09247x101
—	FINANCIAL ENGINES INC	14,400	$529K	0.2%	$36.74	$36.74	—	COM	317485100
HD	HOME DEPOT INC	3,914	$525K	0.2%	$134.13 *	$103.40	+4.4%	COM	437076102
—	POTASH CORP SASK INC	28,960	$524K	0.2%	$18.09	$18.09	—	COM	73755l107
CLX	CLOROX CO DEL	4,330	$520K	0.2%	$120.09 *	$90.84	+1.9%	COM	189054109
BHP	BHP BILLITON LTD	14,325	$513K	0.2%	$35.81	$36.27	-1.4%	SPONSORED ADR	088606108
—	CRANE CO	6,900	$498K	0.2%	$72.17	$72.17	—	COM	224399105
SF	STIFEL FINL CORP	9,740	$487K	0.2%	$50.00 *	$26.66	+10.6%	COM	860630102
—	CHICAGO BRIDGE & IRON CO N V	15,315	$486K	0.2%	$31.73	$31.73	—	COM	167250109
—	DOW CHEM CO	8,440	$483K	0.2%	$57.23	$57.23	—	COM	260543103
—	XYLEM INC	9,300	$461K	0.2%	$49.57	$49.57	—	COM	98419m100
ZION	ZIONS BANCORPORATION	10,530	$453K	0.2%	$43.02	$36.84	+16.8%	COM	989701107
—	DUNKIN BRANDS GROUP INC	8,640	$453K	0.2%	$52.43	$52.43	—	COM	265504100
—	COMCAST CORP NEW	6,419	$443K	0.2%	$69.01	$69.01	—	CL A	20030n101
—	PANERA BREAD CO	2,150	$441K	0.2%	$205.12	$205.12	—	CL A	69840w108
—	FORWARD AIR CORP	9,100	$431K	0.1%	$47.36	$47.36	—	COM	349853101
—	3-D SYS CORP DEL	32,400	$431K	0.1%	$13.30	$13.30	—	COM NEW	88554d205
VEA	VANGUARD TAX MANAGED INTL FD	11,766	$430K	0.1%	$36.55	$36.48	+0.2%	FTSE DEV MKT ETF	921943858
APD	AIR PRODS & CHEMS INC	2,965	$426K	0.1%	$143.68 *	$111.62	+3.4%	COM	009158106
—	MONSANTO CO NEW	4,049	$426K	0.1%	$105.21	$105.21	—	COM	61166w101
—	TRAVELERS COMPANIES INC	3,465	$424K	0.1%	$122.37	$122.37	—	COM	89417e109
—	CHUYS HLDGS INC	12,880	$418K	0.1%	$32.45	$32.45	—	COM	171604101
HON	HONEYWELL INTL INC	3,550	$411K	0.1%	$115.77 *	$84.19	+3.2%	COM	438516106
—	MEREDITH CORP	6,860	$406K	0.1%	$59.18	$59.18	—	COM	589433101
LULU	LULULEMON ATHLETICA INC	6,190	$402K	0.1%	$64.94	$59.64	+9.0%	COM	550021109
—	HARMAN INTL INDS INC	3,580	$398K	0.1%	$111.17	$111.17	—	COM	413086109
—	SOTHEBYS	9,900	$395K	0.1%	$39.90	$39.90	—	COM	835898107
—	CONTANGO OIL & GAS COMPANY	42,000	$392K	0.1%	$9.33	$9.33	—	COM NEW	21075n204
EPD	ENTERPRISE PRODS PARTNERS L	14,392	$389K	0.1%	$27.03	$27.03	—	COM	293792107
YELP	YELP INC	10,200	$389K	0.1%	$38.14	$36.97	+3.1%	CL A	985817105
—	WADDELL & REED FINL INC	19,900	$388K	0.1%	$19.50	$19.50	—	CL A	930059100
FAST	FASTENAL CO	8,150	$383K	0.1%	$46.99 *	$8.65	+7.2%	COM	311900104
BAX	BAXTER INTL INC	8,598	$381K	0.1%	$44.31 *	$39.74	-3.9%	COM	071813109
—	MAGELLAN MIDSTREAM PRTNRS LP	4,940	$374K	0.1%	$75.71	$75.71	—	COM UNIT RP LP	559080106
—	ABBVIE INC	5,961	$373K	0.1%	$62.57	$62.57	—	COM	00287y109
HAL	HALLIBURTON CO	6,767	$366K	0.1%	$54.09 *	$41.70	+8.7%	COM	406216101
SAM	BOSTON BEER INC	2,100	$357K	0.1%	$170.00	$165.63	+2.5%	CL A	100557107
PCH	POTLATCH CORP NEW	8,450	$352K	0.1%	$41.66	$41.66	—	COM	737630103
—	HEWLETT PACKARD ENTERPRISE C	14,630	$339K	0.1%	$23.17	$23.17	—	COM	42824c109
—	DUKE ENERGY CORP NEW	4,346	$337K	0.1%	$77.54	$77.54	—	COM NEW	26441c204
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,065	$337K	0.1%	$163.20	$153.96	+5.9%	CL B NEW	084670702
AVAV	AEROVIRONMENT INC	11,920	$320K	0.1%	$26.85	$25.93	+3.5%	COM	008073108
—	FORTINET INC	10,500	$316K	0.1%	$30.10	$30.10	—	COM	34959e109
—	WESTERN GAS PARTNERS LP	5,215	$306K	0.1%	$58.68	$58.68	—	COM UNIT LP IN	958254104
—	EXPRESS SCRIPTS HLDG CO	4,381	$301K	0.1%	$68.71	$68.71	—	COM	30219g108
AMGN	AMGEN INC	1,967	$288K	0.1%	$146.42 *	$114.37	-2.5%	COM	031162100
VNQ	VANGUARD INDEX FDS	3,475	$287K	0.1%	$82.59	$81.44	+1.3%	REIT ETF	922908553
GIS	GENERAL MLS INC	4,654	$287K	0.1%	$61.67 *	$44.87	-0.3%	COM	370334104
VEEV	VEEVA SYS INC	7,030	$286K	0.1%	$40.68	$40.84	-0.3%	CL A COM	922475108
—	ALPHABET INC	358	$284K	0.1%	$793.30	$793.30	—	CAP STK CL A	02079k305
—	DOLBY LABORATORIES INC	6,100	$276K	0.1%	$45.25	$45.25	—	COM	25659t107
BOH	BANK HAWAII CORP	3,100	$275K	0.1%	$88.71 *	$57.74	+9.7%	COM	062540109
IJH	ISHARES TR	1,660	$274K	0.1%	$165.06 *	$31.71	+4.3%	CORE S&P MCP ETF	464287507
WHR	WHIRLPOOL CORP	1,500	$273K	0.1%	$182.00	$165.57	+9.8%	COM	963320106
—	CARRIZO OIL & GAS INC	7,320	$273K	0.1%	$37.30	$37.30	—	COM	144577103
—	COSTCO WHSL CORP NEW	1,685	$270K	0.1%	$160.24	$160.24	—	COM	22160k105
—	SELECT SECTOR SPDR TR	5,553	$269K	0.1%	$48.44	$48.44	—	TECHNOLOGY	81369y803
—	SPDR INDEX SHS FDS	8,000	$252K	0.1%	$31.50	$31.50	—	MSCI ACWI EXUS	78463x848
—	ZIMMER BIOMET HLDGS INC	2,333	$241K	0.1%	$103.30	$103.30	—	COM	98956p102
—	ISHARES INC	5,590	$237K	0.1%	$42.40	$42.40	—	CORE MSCI EMKT	46434g103
—	ALPHABET INC	300	$232K	0.1%	$773.33	$773.33	—	CAP STK CL C	02079k107
—	WALGREENS BOOTS ALLIANCE INC	2,800	$232K	0.1%	$82.86	$82.86	—	COM	931427108
CPB	CAMPBELL SOUP CO	3,813	$231K	0.1%	$60.58 *	$41.70	+7.9%	COM	134429109
—	ISHARES TR	4,200	$225K	0.1%	$53.57	$53.57	—	CORE MSCI EAFE	46432f842
—	HOLLY ENERGY PARTNERS L P	7,000	$224K	0.1%	$32.00	$32.00	—	COM UT LTD PTN	435763107
—	CENOVUS ENERGY INC	14,500	$219K	0.1%	$15.10	$15.10	—	COM	15135u109
ALGN	ALIGN TECHNOLOGY INC	2,275	$219K	0.1%	$96.26	$92.86	+3.5%	COM	016255101
—	S&P GLOBAL INC	2,000	$215K	0.1%	$107.50	$107.50	—	COM	78409v104
—	ANHEUSER BUSCH INBEV SA/NV	2,037	$215K	0.1%	$105.55	$105.55	—	SPONSORED ADR	03524a108
GLW	CORNING INC	8,849	$215K	0.1%	$24.30 *	$18.64	+2.4%	COM	219350105
BP	BP PLC	5,676	$212K	0.1%	$37.35	$35.39	+5.6%	SPONSORED ADR	055622104
—	ORACLE CORP	5,500	$211K	0.1%	$38.36	$38.36	—	COM	68389x105
—	HP INC	13,830	$205K	0.1%	$14.82	$14.82	—	COM	40434l105
SO	SOUTHERN CO	4,165	$205K	0.1%	$49.22 *	$33.55	+0.7%	COM	842587107
—	ENCANA CORP	11,200	$131K	0.0%	$11.70	$11.70	—	COM	292505104