Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MRK	Merck	196,659	$11.66M	4.2%	$30.05	+31.0%	COM	58933Y105
INTC	Intel	291,242	$10.14M	3.6%	$17.27	+49.1%	COM	458140100
PG	Procter & Gamble	118,483	$9.922M	3.5%	$55.13	+8.4%	COM	742718109
IFF	International Flavors & Fragra	94,000	$9.013M	3.2%	$58.18	+32.7%	COM	459506101
JNJ	Johnson & Johnson	82,999	$8.847M	3.2%	$60.84	+24.2%	COM	478160104
MMM	3M	60,210	$8.531M	3.0%	$61.26	+36.3%	COM	88579Y101
—	Medtronic	136,967	$8.485M	3.0%	$51.72	—	COM	585055106
—	Chubb	91,169	$8.304M	3.0%	$84.98	—	COM	171232101
—	Dow Chemical	156,450	$8.204M	2.9%	$32.17	—	COM	260543103
NTRS	Northern Trust	117,785	$8.013M	2.9%	$40.41	+23.3%	COM	665859104
SYY	Sysco	207,675	$7.881M	2.8%	$24.62	+12.0%	COM	871829107
ADP	Automatic Data Processing	92,783	$7.708M	2.8%	$45.09	+24.8%	COM	053015103
BP	BP P.L.C.	169,794	$7.462M	2.7%	$42.72	—	COM	055622104
PFE	Pfizer	250,304	$7.401M	2.6%	$16.52	+5.6%	COM	717081103
—	Novartis AG (ADR)	78,000	$7.342M	2.6%	$70.71	—	COM	66987v109
—	Sigma Aldrich	52,800	$7.181M	2.6%	$80.43	—	COM	826552101
UPS	United Parcel Service	73,000	$7.175M	2.6%	$55.59	+19.3%	COM	911312106
SLB	Schlumberger Ltd	68,495	$6.965M	2.5%	$55.15	+44.1%	COM	806857108
NEM	Newmont Mining	279,650	$6.446M	2.3%	$22.65	-12.2%	COM	651639106
HSY	Hershey Foods	66,405	$6.337M	2.3%	$65.69	+7.5%	COM	427866108
GIS	General Mills	123,500	$6.231M	2.2%	$32.15	+10.3%	COM	370334104
XOM	Exxon Mobil	66,032	$6.21M	2.2%	$55.14	+11.5%	COM	30231G102
—	Express Scripts	87,612	$6.188M	2.2%	$65.57	—	COM	30219g108
—	Linear Technology	137,950	$6.124M	2.2%	$37.68	—	COM	535678106
PEP	PepsiCo	63,722	$5.932M	2.1%	$56.10	+15.6%	COM	713448108
CLX	Clorox	60,428	$5.804M	2.1%	$60.00	+9.4%	COM	189054109
CL	Colgate Palmolive	79,960	$5.215M	1.9%	$44.38	+14.2%	COM	194162103
T	AT&T	145,812	$5.138M	1.8%	$11.25	+5.8%	COM	00206R102
ACN	Accenture	58,000	$4.717M	1.7%	$63.81	+3.6%	COM	G1151C101
—	Walgreen	68,170	$4.04M	1.4%	$44.20	—	COM	931422109
FFIV	F5 Networks	30,940	$3.674M	1.3%	$78.81	+49.1%	COM	315616102
COP	ConocoPhillips	48,013	$3.674M	1.3%	$39.96	+41.9%	COM	20825C104
EMR	Emerson Electric	58,335	$3.651M	1.3%	$40.71	+17.3%	COM	291011104
IBM	International Business Machine	18,843	$3.577M	1.3%	$114.23	+0.1%	COM	459200101
—	General Electric	138,088	$3.538M	1.3%	$23.59	—	COM	369604103
STT	State Street	46,000	$3.386M	1.2%	$50.16	+3.8%	COM	857477103
—	American Tower	35,700	$3.343M	1.2%	$73.17	—	COM	03027x100
DIS	Walt Disney	28,650	$2.551M	0.9%	$68.95	+15.0%	COM	254687106
—	SolarWinds, Inc	52,475	$2.207M	0.8%	$39.46	—	COM	83416B109
VZ	Verizon	40,987	$2.049M	0.7%	$26.36	+5.5%	COM	92343V104
KO	Coca Cola	43,850	$1.871M	0.7%	$27.41	+5.3%	COM	191216100
CSCO	Cisco Systems	73,570	$1.852M	0.7%	$15.24	+16.2%	COM	17275R102
—	DuPont	24,011	$1.723M	0.6%	$58.34	—	COM	263534109
—	Comcast Corp Cl A Spl	30,792	$1.647M	0.6%	$48.78	—	COM	20030n200
—	United Technologies	15,225	$1.608M	0.6%	$111.52	—	COM	913017109
JPM	J.P. Morgan Chase	25,389	$1.529M	0.5%	$37.31	+15.6%	COM	46625H100
PSX	Phillips 66	13,840	$1.125M	0.4%	$40.44	+36.3%	COM	718546104
—	National Grid	15,000	$1.078M	0.4%	$68.73	—	COM	636274300
TRMB	Trimble Navigation	32,325	$986K	0.4%	$32.49	0.0%	COM	896239100
—	NextEra Energy, Inc.	9,745	$915K	0.3%	$88.57	—	COM	65339f101
—	Time Warner Inc.	11,999	$902K	0.3%	$65.34	—	COM	887317303
—	Questar	37,350	$833K	0.3%	$23.84	—	COM	748356102
UNP	Union Pacific	7,600	$824K	0.3%	$65.92	+21.8%	COM	907818108
HIG	Hartford Financial	21,150	$788K	0.3%	$22.20	+28.2%	COM	416515104
CVX	Chevron	6,540	$780K	0.3%	$71.30	+10.1%	COM	166764100
—	Duke Energy	9,196	$688K	0.2%	$67.48	—	COM	26441c105
—	Urstadt Biddle Properties Inc	31,950	$649K	0.2%	$20.16	—	COM	917286205
—	Royal DutchShell Class A ADR	8,189	$623K	0.2%	$63.82	—	COM	780259206
BRK/A	Berkshire Hathaway Class A (3	300	$621K	0.2%	$175515.22	+13.8%	COM	084670108
—	Staples	49,500	$599K	0.2%	$15.89	—	COM	855030102
BXP	Boston Properties	5,000	$579K	0.2%	$66.97	+10.9%	COM	101121101
AMGN	Amgen	4,000	$562K	0.2%	$86.89	+8.8%	COM	031162100
MSFT	Microsoft	12,000	$556K	0.2%	$26.70	+41.0%	COM	594918104
HD	Home Depot	6,003	$551K	0.2%	$60.23	+9.1%	COM	437076102
MRSH	Marsh & McLennan	10,000	$523K	0.2%	$38.81	+10.1%	COM	571748102
LLY	Eli Lilly	7,140	$463K	0.2%	$42.21	+21.7%	COM	532457108
—	Time Warner Cable	3,012	$432K	0.2%	$137.12	—	COM	88732J207
—	Bankwell Financial	22,165	$420K	0.1%	$18.95	—	COM	06654a103
DE	Deere	5,000	$410K	0.1%	$69.01	+0.5%	COM	244199105
—	Kellogg Company	6,567	$405K	0.1%	$37.53	+8.0%	COM	487836108
—	SM Energy Company	5,000	$390K	0.1%	$71.20	—	COM	78454l100
CSX	CSX	10,050	$322K	0.1%	$7.67	+12.4%	COM	126408103
—	Plum Creek Timber	8,000	$312K	0.1%	$42.00	—	COM	729251108
—	Actavis	1,222	$295K	0.1%	$241.41	—	COM	g0083b108
BMY	Bristol Myers Squibb	5,377	$275K	0.1%	$28.67	+19.4%	COM	110122108
CAG	Conagra Foods	8,000	$264K	0.1%	$16.04	+4.4%	COM	205887102
SHW	Sherwin Williams	1,200	$263K	0.1%	$53.48	+19.3%	COM	824348106
—	Potash Corp	7,500	$259K	0.1%	$36.27	—	COM	73755L107
NSC	Norfolk Southern	2,300	$257K	0.1%	$65.71	+25.7%	COM	655844108
WMT	Wal-Mart Stores	3,270	$250K	0.1%	$19.98	+1.6%	COM	931142103
PM	Phillip Morris Intl Inc. Com	3,000	$250K	0.1%	$44.74	+7.0%	COM	718172109
WMB	Williams Cos	3,900	$216K	0.1%	$24.17	+25.1%	COM	969457100