Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	MERCK & CO INC	732,450	$46.54M	15.7%	$58.87	—	COM	58933y105
—	3M CO	80,740	$15.45M	5.2%	$178.74	—	COM	88579y101
—	EXXON MOBIL CORP	188,203	$15.44M	5.2%	$90.26	—	COM	30231g102
IBM	INTERNATIONAL BUSINESS MACHS	76,355	$13.3M	4.5%	$103.05	+11.0%	COM	459200101
—	GENERAL ELECTRIC CO	376,588	$11.22M	3.8%	$31.58	—	COM	369604103
—	DU PONT E I DE NEMOURS & CO	122,989	$9.88M	3.3%	$73.40	—	COM	263534109
MSFT	MICROSOFT CORP	83,318	$5.487M	1.9%	$53.94	+7.2%	COM	594918104
PG	PROCTER AND GAMBLE CO	55,812	$5.015M	1.7%	$66.77	+4.9%	COM	742718109
NOC	NORTHROP GRUMMAN CORP	20,089	$4.778M	1.6%	$200.65	+2.6%	COM	666807102
—	CHUBB LIMITED	32,303	$4.401M	1.5%	$132.13	—	COM	h1467j104
JNJ	JOHNSON & JOHNSON	34,950	$4.353M	1.5%	$89.71	+4.1%	COM	478160104
—	JPMORGAN CHASE & CO	45,340	$3.983M	1.3%	$86.29	—	COM	46625h100
WY	WEYERHAEUSER CO	103,150	$3.505M	1.2%	$21.70	+6.1%	COM	962166104
EMR	EMERSON ELEC CO	57,962	$3.47M	1.2%	$42.91	+11.7%	COM	291011104
—	VERIZON COMMUNICATIONS INC	70,492	$3.436M	1.2%	$53.26	—	COM	92343v104
DIS	DISNEY WALT CO	27,428	$3.11M	1.1%	$90.71	+13.6%	COM DISNEY	254687106
KHC	KRAFT HEINZ CO	31,850	$2.892M	1.0%	$56.47	+6.1%	COM	500754106
—	AT&T INC	68,738	$2.856M	1.0%	$42.52	—	COM	00206r102
SLB	SCHLUMBERGER LTD	35,656	$2.785M	0.9%	$63.04	+0.5%	COM	806857108
—	ACCENTURE PLC IRELAND	22,962	$2.753M	0.9%	$117.12	—	SHS CLASS A	g1151c101
PM	PHILIP MORRIS INTL INC	23,142	$2.613M	0.9%	$58.23	+12.6%	COM	718172109
—	AQUA AMERICA INC	80,974	$2.603M	0.9%	$30.04	—	COM	03836w103
USB	US BANCORP DEL	48,925	$2.52M	0.9%	$33.77	+12.7%	COM NEW	902973304
—	DOMINION RES INC VA NEW	32,263	$2.503M	0.8%	$76.59	—	COM	25746u109
—	CISCO SYS INC	73,528	$2.485M	0.8%	$30.22	—	COM	17275r102
—	EQT CORP	37,150	$2.27M	0.8%	$65.41	—	COM	26884l109
—	ENBRIDGE INC	52,432	$2.194M	0.7%	$41.84	—	COM	29250n105
—	EXELON CORP	59,640	$2.146M	0.7%	$35.51	—	COM	30161n101
—	COACH INC	51,900	$2.145M	0.7%	$35.02	—	COM	189754104
—	BROOKFIELD ASSET MGMT INC	56,586	$2.063M	0.7%	$33.04	—	CL A LTD VT SH	112585104
GD	GENERAL DYNAMICS CORP	11,011	$2.061M	0.7%	$134.10	+13.4%	COM	369550108
FHI	FEDERATED INVS INC PA	77,790	$2.049M	0.7%	$18.35	-1.0%	CL B	314211103
BNS	BANK N S HALIFAX	34,875	$2.043M	0.7%	$34.42	+9.8%	COM	064149107
BMY	BRISTOL MYERS SQUIBB CO	36,594	$1.99M	0.7%	$39.55	+1.0%	COM	110122108
WMT	WAL-MART STORES INC	26,221	$1.89M	0.6%	$19.91	-0.7%	COM	931142103
—	DIAGEO P L C	16,200	$1.872M	0.6%	$103.95	—	SPON ADR NEW	25243q205
CL	COLGATE PALMOLIVE CO	25,450	$1.863M	0.6%	$55.37	+2.7%	COM	194162103
PFE	PFIZER INC	51,377	$1.758M	0.6%	$20.50	+4.4%	COM	717081103
AAPL	APPLE INC	11,794	$1.694M	0.6%	$26.09	+16.7%	COM	037833100
NFG	NATIONAL FUEL GAS CO N J	28,358	$1.691M	0.6%	$54.85	+7.3%	COM	636180101
PNC	PNC FINL SVCS GROUP INC	13,925	$1.674M	0.6%	$77.31	+18.1%	COM	693475105
HP	HELMERICH & PAYNE INC	24,950	$1.661M	0.6%	$71.03	+0.2%	COM	423452101
CVS	CVS HEALTH CORP	20,726	$1.627M	0.5%	$61.05	-0.7%	COM	126650100
IWF	ISHARES TR	13,578	$1.545M	0.5%	$104.89	—	RUS 1000 GRW ETF	464287614
WFC	WELLS FARGO & CO NEW	27,504	$1.531M	0.5%	$39.03	+13.7%	COM	949746101
UPS	UNITED PARCEL SERVICE INC	13,335	$1.431M	0.5%	$80.21	-2.3%	CL B	911312106
—	GARMIN LTD	27,900	$1.426M	0.5%	$48.48	—	SHS	h2906t109
SJM	SMUCKER J M CO	10,861	$1.424M	0.5%	$97.75	+5.3%	COM NEW	832696405
—	ALTRIA GROUP INC	19,654	$1.404M	0.5%	$67.62	—	COM	02209s103
—	TRANSCANADA CORP	30,145	$1.391M	0.5%	$45.18	—	COM	89353d107
INTC	INTEL CORP	38,507	$1.389M	0.5%	$29.18	+1.7%	COM	458140100
CVX	CHEVRON CORP NEW	12,782	$1.372M	0.5%	$73.80	+4.0%	COM	166764100
KO	COCA COLA CO	31,954	$1.356M	0.5%	$31.21	+1.0%	COM	191216100
—	BROOKFIELD PPTY PARTNERS L P	60,200	$1.34M	0.5%	$21.99	—	UNIT LTD PARTN	g16249107
—	WASTE MGMT INC DEL	18,033	$1.315M	0.4%	$70.91	—	COM	94106l109
—	UNILEVER PLC	26,185	$1.292M	0.4%	$40.98	—	SPON ADR NEW	904767704
—	GENESEE & WYO INC	18,050	$1.225M	0.4%	$69.42	—	CL A	371559105
WU	WESTERN UN CO	59,875	$1.218M	0.4%	$21.68	—	COM	959802109
QCOM	QUALCOMM INC	20,268	$1.162M	0.4%	$51.48	-11.6%	COM	747525103
KSS	KOHLS CORP	29,100	$1.158M	0.4%	$49.11	-16.9%	COM	500255104
PPG	PPG INDS INC	11,000	$1.156M	0.4%	$80.65	+6.5%	COM	693506107
VB	VANGUARD INDEX FDS	8,310	$1.108M	0.4%	$129.00	—	SMALL CP ETF	922908751
CAT	CATERPILLAR INC DEL	11,750	$1.09M	0.4%	$73.74	+5.4%	COM	149123101
IWM	ISHARES TR	7,785	$1.07M	0.4%	$134.87	—	RUSSELL 2000 ETF	464287655
NSC	NORFOLK SOUTHERN CORP	9,395	$1.052M	0.4%	$83.99	+16.4%	COM	655844108
—	STAPLES INC	118,650	$1.041M	0.4%	$9.04	—	COM	855030102
WSM	WILLIAMS SONOMA INC	19,090	$1.024M	0.3%	$20.44	-3.2%	COM	969904101
NEM	NEWMONT MINING CORP	30,442	$1.003M	0.3%	$26.89	+2.4%	COM	651639106
—	WESTROCK CO	18,610	$968K	0.3%	$50.85	—	COM	96145d105
ITW	ILLINOIS TOOL WKS INC	7,200	$954K	0.3%	$97.16	+7.6%	COM	452308109
UNP	UNION PAC CORP	8,770	$929K	0.3%	$80.32	+9.1%	COM	907818108
—	ONEBEACON INSURANCE GROUP LT	57,325	$917K	0.3%	$16.06	—	CL A	g67742109
—	NEXTERA ENERGY INC	7,106	$912K	0.3%	$119.48	—	COM	65339f101
—	ROYAL DUTCH SHELL PLC	16,912	$892K	0.3%	$54.40	—	SPONS ADR A	780259206
EFA	ISHARES TR	14,250	$888K	0.3%	$57.71	—	MSCI EAFE ETF	464287465
—	RH	19,100	$884K	0.3%	$46.28	—	COM	74967x103
—	THOMSON REUTERS CORP	20,425	$883K	0.3%	$43.79	—	COM	884903105
LFUS	LITTELFUSE INC	5,470	$875K	0.3%	$142.67	+11.1%	COM	537008104
LLY	LILLY ELI & CO	10,165	$855K	0.3%	$64.22	+8.3%	COM	532457108
—	UNITED TECHNOLOGIES CORP	7,326	$822K	0.3%	$109.59	—	COM	913017109
ADP	AUTOMATIC DATA PROCESSING IN	7,909	$810K	0.3%	$76.76	+10.0%	COM	053015103
—	NOVARTIS A G	10,725	$797K	0.3%	$72.85	—	SPONSORED ADR	66987v109
—	CONOCOPHILLIPS	15,883	$792K	0.3%	$50.12	—	COM	20825c104
—	INSTALLED BLDG PRODS INC	14,900	$786K	0.3%	$41.29	—	COM	45780r101
—	DEVON ENERGY CORP NEW	18,699	$780K	0.3%	$45.69	—	COM	25179m103
TXN	TEXAS INSTRS INC	9,498	$765K	0.3%	$55.48	+9.3%	COM	882508104
MDLZ	MONDELEZ INTL INC	17,587	$758K	0.3%	$34.73	+3.3%	CL A	609207105
—	ROYAL DUTCH SHELL PLC	13,328	$744K	0.3%	$57.91	—	SPON ADR B	780259107
—	VISA INC	8,240	$732K	0.2%	$78.03	—	COM CL A	92826c839
—	MEDTRONIC PLC	8,900	$717K	0.2%	$71.23	—	SHS	g5960l103
PEP	PEPSICO INC	5,819	$651K	0.2%	$79.36	+3.2%	COM	713448108
—	WHOLE FOODS MKT INC	21,600	$642K	0.2%	$30.71	—	COM	966837106
—	FINANCIAL ENGINES INC	14,400	$627K	0.2%	$36.74	—	COM	317485100
—	VODAFONE GROUP PLC NEW	23,259	$615K	0.2%	$24.45	—	SPONSORED ADR	92857w308
AEP	AMERICAN ELEC PWR INC	9,103	$611K	0.2%	$44.69	+6.0%	COM	025537101
SBUX	STARBUCKS CORP	10,364	$605K	0.2%	$45.58	+2.7%	COM	855244109
—	CIGNA CORPORATION	4,016	$588K	0.2%	$133.47	—	COM	125509109
CLX	CLOROX CO DEL	4,330	$584K	0.2%	$90.84	+10.6%	COM	189054109
LMT	LOCKHEED MARTIN CORP	2,180	$583K	0.2%	$196.17	+5.4%	COM	539830109
—	WAGEWORKS INC	8,000	$578K	0.2%	$72.47	—	COM	930427109
—	QUANTA SVCS INC	15,500	$575K	0.2%	$34.84	—	COM	74762e102
HD	HOME DEPOT INC	3,914	$575K	0.2%	$103.40	+10.6%	COM	437076102
—	ENVESTNET INC	17,440	$563K	0.2%	$35.26	—	COM	29404k106
—	PANERA BREAD CO	2,150	$563K	0.2%	$205.12	—	CL A	69840w108
—	AMERICAN EAGLE OUTFITTERS NE	39,600	$556K	0.2%	$15.18	—	COM	02553e106
—	DOW CHEM CO	8,440	$536K	0.2%	$57.23	—	COM	260543103
—	TARGET CORP	9,433	$521K	0.2%	$72.24	—	COM	87612e106
BHP	BHP BILLITON LTD	14,325	$520K	0.2%	$35.81	—	SPONSORED ADR	088606108
VFC	V F CORP	9,450	$519K	0.2%	$51.86	-4.9%	COM	918204108
—	CRANE CO	6,900	$516K	0.2%	$72.17	—	COM	224399105
—	BEACON ROOFING SUPPLY INC	10,400	$511K	0.2%	$46.05	—	COM	073685109
VWO	VANGUARD INTL EQUITY INDEX F	12,728	$506K	0.2%	$35.79	—	FTSE EMR MKT ETF	922042858
—	POTASH CORP SASK INC	29,510	$504K	0.2%	$18.08	—	COM	73755l107
JJSF	J & J SNACK FOODS CORP	3,700	$502K	0.2%	$105.42	+7.4%	COM	466032109
—	COMCAST CORP NEW	13,068	$491K	0.2%	$53.02	—	CL A	20030n101
SF	STIFEL FINL CORP	9,740	$489K	0.2%	$26.66	+14.7%	COM	860630102
—	3-D SYS CORP DEL	32,400	$485K	0.2%	$13.30	—	COM NEW	88554d205
—	DUNKIN BRANDS GROUP INC	8,640	$472K	0.2%	$52.43	—	COM	265504100
—	CHICAGO BRIDGE & IRON CO N V	15,315	$471K	0.2%	$31.73	—	COM	167250109
THO	THOR INDS INC	4,900	$471K	0.2%	$75.21	+15.4%	COM	885160101
—	XYLEM INC	9,300	$467K	0.2%	$49.57	—	COM	98419m100
LULU	LULULEMON ATHLETICA INC	8,880	$461K	0.2%	$61.52	+7.0%	COM	550021109
—	MONSANTO CO NEW	4,049	$458K	0.2%	$105.21	—	COM	61166w101
—	FORTINET INC	11,900	$456K	0.2%	$31.06	—	COM	34959e109
—	SOTHEBYS	9,900	$450K	0.2%	$39.90	—	COM	835898107
—	BLACKROCK INC	1,170	$449K	0.2%	$380.65	—	COM	09247x101
DKS	DICKS SPORTING GOODS INC	9,175	$446K	0.2%	$39.03	0.0%	COM	253393102
—	MEREDITH CORP	6,860	$443K	0.1%	$59.18	—	COM	589433101
HON	HONEYWELL INTL INC	3,550	$443K	0.1%	$84.19	+9.2%	COM	438516106
ZION	ZIONS BANCORPORATION	10,530	$442K	0.1%	$36.84	+17.9%	COM	989701107
—	FORWARD AIR CORP	9,100	$433K	0.1%	$47.36	—	COM	349853101
FAST	FASTENAL CO	8,150	$420K	0.1%	$8.65	+14.9%	COM	311900104
—	TRAVELERS COMPANIES INC	3,465	$418K	0.1%	$122.37	—	COM	89417e109
BAX	BAXTER INTL INC	7,853	$407K	0.1%	$39.74	+6.7%	COM	071813109
APD	AIR PRODS & CHEMS INC	2,965	$401K	0.1%	$111.62	+1.4%	COM	009158106
—	ABBVIE INC	5,961	$388K	0.1%	$62.57	—	COM	00287y109
PCH	POTLATCH CORP NEW	8,450	$386K	0.1%	$41.66	—	COM	737630103
VEA	VANGUARD TAX MANAGED INTL FD	9,466	$372K	0.1%	$36.55	—	FTSE DEV MKT ETF	921943858
—	SPROUTS FMRS MKT INC	15,710	$363K	0.1%	$23.11	—	COM	85208m102
VEEV	VEEVA SYS INC	7,030	$360K	0.1%	$40.84	+10.0%	CL A COM	922475108
—	DUKE ENERGY CORP NEW	4,346	$356K	0.1%	$77.54	—	COM NEW	26441c204
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,121	$354K	0.1%	$154.31	+8.4%	CL B NEW	084670702
—	HEWLETT PACKARD ENTERPRISE C	14,630	$347K	0.1%	$23.17	—	COM	42824c109
—	WADDELL & REED FINL INC	19,900	$338K	0.1%	$19.50	—	CL A	930059100
AVAV	AEROVIRONMENT INC	11,920	$334K	0.1%	$25.93	+3.0%	COM	008073108
YELP	YELP INC	10,200	$334K	0.1%	$36.97	+0.3%	CL A	985817105
AMGN	AMGEN INC	1,967	$323K	0.1%	$114.37	+11.2%	COM	031162100
—	DOLBY LABORATORIES INC	6,100	$320K	0.1%	$45.25	—	COM	25659t107
—	ALPHABET INC	358	$304K	0.1%	$793.30	—	CAP STK CL A	02079k305
HAL	HALLIBURTON CO	6,038	$297K	0.1%	$41.70	+8.2%	COM	406216101
—	SELECT SECTOR SPDR TR	5,553	$296K	0.1%	$48.44	—	TECHNOLOGY	81369y803
—	ZIMMER BIOMET HLDGS INC	2,333	$285K	0.1%	$103.30	—	COM	98956p102
—	COSTCO WHSL CORP NEW	1,685	$283K	0.1%	$160.24	—	COM	22160k105
GIS	GENERAL MLS INC	4,654	$275K	0.1%	$44.87	-0.6%	COM	370334104
—	SPDR INDEX SHS FDS	8,000	$273K	0.1%	$31.50	—	MSCI ACWI EXUS	78463x848
ALGN	ALIGN TECHNOLOGY INC	2,275	$261K	0.1%	$92.86	+8.8%	COM	016255101
—	S&P GLOBAL INC	2,000	$261K	0.1%	$107.50	—	COM	78409v104
WHR	WHIRLPOOL CORP	1,500	$257K	0.1%	$165.57	+7.3%	COM	963320106
BOH	BANK HAWAII CORP	3,100	$255K	0.1%	$57.74	+5.5%	COM	062540109
IJH	ISHARES TR	1,460	$250K	0.1%	$165.06	—	CORE S&P MCP ETF	464287507
—	ALPHABET INC	300	$249K	0.1%	$773.33	—	CAP STK CL C	02079k107
—	HP INC	13,830	$247K	0.1%	$14.82	—	COM	40434l105
—	ISHARES TR	4,200	$243K	0.1%	$53.57	—	CORE MSCI EAFE	46432f842
GLW	CORNING INC	8,849	$239K	0.1%	$18.64	+12.5%	COM	219350105
—	WALGREENS BOOTS ALLIANCE INC	2,800	$233K	0.1%	$82.86	—	COM	931427108
—	EXPRESS SCRIPTS HLDG CO	3,529	$233K	0.1%	$68.71	—	COM	30219g108
—	ORACLE CORP	5,000	$223K	0.1%	$38.36	—	COM	68389x105
CPB	CAMPBELL SOUP CO	3,813	$218K	0.1%	$41.70	+8.6%	COM	134429109
SAM	BOSTON BEER INC	1,500	$217K	0.1%	$165.63	-5.5%	CL A	100557107
—	CARRIZO OIL & GAS INC	7,320	$210K	0.1%	$37.30	—	COM	144577103
SO	SOUTHERN CO	4,165	$207K	0.1%	$33.55	+1.8%	COM	842587107
—	ANHEUSER BUSCH INBEV SA/NV	1,860	$204K	0.1%	$105.55	—	SPONSORED ADR	03524a108
—	CENOVUS ENERGY INC	16,500	$186K	0.1%	$14.64	—	COM	15135u109
—	ENCANA CORP	13,200	$155K	0.1%	$11.70	—	COM	292505104
—	INTREPID POTASH INC	24,800	$43,000	0.0%	$1.73	—	COM	46121y102