Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	56,049	$9.816M	3.7%	$142.19	+15.1%	COM	57636Q104
JNJ	JOHNSON & JOHNSON	67,916	$8.703M	3.3%	$71.21	+52.2%	COM	478160104
AAPL	APPLE INC	49,881	$8.369M	3.1%	$44.88	-9.9%	COM	037833100
MMM	3M	37,214	$8.169M	3.1%	$93.00	+61.5%	COM	88579Y101
ADP	AUTOMATIC DATA PROCESSING	67,784	$7.693M	2.9%	$57.63	+71.1%	COM	053015103
CNI	CANADIAN NATL RAILWAY	105,088	$7.686M	2.9%	$66.04	+1.0%	COM	136375102
ATR	APTARGROUP	83,618	$7.511M	2.8%	$49.91	+59.4%	COM	038336103
HD	HOME DEPOT	42,099	$7.504M	2.8%	$62.45	+147.7%	COM	437076102
IRWD	IRONWOOD PHARMACEUTICALS	484,465	$7.475M	2.8%	$12.47	-0.1%	COM	46333X108
GOOGL	ALPHABET INC CL A	7,184	$7.451M	2.8%	$34.72	+58.5%	COM	02079K305
NSRGY	NESTLE SA ADR	94,354	$7.451M	2.8%	$67.08	—	COM	641069406
FISV	FISERV	104,009	$7.418M	2.8%	$52.64	+33.6%	COM	337738108
PG	PROCTER & GAMBLE	92,089	$7.3M	2.7%	$66.55	+2.0%	COM	742718109
NVS	NOVARTIS AG ADR	90,247	$7.298M	2.7%	$68.08	—	COM	66987V109
INTC	INTEL CORP	137,398	$7.154M	2.7%	$20.76	+92.9%	COM	458140100
ABT	ABBOTT LABS	115,175	$6.901M	2.6%	$43.18	+21.8%	COM	002824100
XOM	EXXON MOBIL	92,145	$6.875M	2.6%	$52.23	+6.7%	COM	30231G102
DHR	DANAHER CORP	69,126	$6.768M	2.5%	$58.53	+44.0%	COM	235851102
—	UNITED TECHNOLOGIES	50,328	$6.332M	2.4%	$104.42	—	COM	913017109
ADI	ANALOG DEVICES	69,339	$6.319M	2.4%	$63.00	+24.8%	COM	032654105
CB	CHUBB LIMITED	46,014	$6.295M	2.4%	$103.71	+21.7%	COM	H1467J104
ROK	ROCKWELL AUTOMATION	33,975	$5.919M	2.2%	$84.90	+93.0%	COM	773903109
—	NOVOZYMES A S DKK 2.0	108,647	$5.601M	2.1%	$32.57	—	COM	B798FW902
—	XILINX	67,476	$4.874M	1.8%	$44.90	—	COM	983919101
MSFT	MICROSOFT CORP	52,874	$4.827M	1.8%	$36.50	+131.0%	COM	594918104
CVS	CVS HEALTH	71,923	$4.474M	1.7%	$49.93	+11.9%	COM	126650100
XYL	XYLEM INC	55,855	$4.296M	1.6%	$34.02	+97.8%	COM	98419M100
RHHBY	ROCHE HLDG LTD ADR	148,117	$4.237M	1.6%	$40.48	—	COM	771195104
—	AQR MULTI STRGY ALTERNATIVE CL	458,736	$4.005M	1.5%	$9.45	—	Equity Mutual Fu	00203H792
PEP	PEPSICO	33,995	$3.711M	1.4%	$68.43	+30.4%	COM	713448108
—	UNILEVER PLC NEW ADR	65,098	$3.617M	1.4%	$46.41	—	COM	904767704
FTV	FORTIVE CORP	45,967	$3.564M	1.3%	$37.78	+22.0%	COM	34959J108
EOG	EOG RESOURCES	30,370	$3.197M	1.2%	$71.77	+12.6%	COM	26875P101
ILMN	ILLUMINA	13,235	$3.127M	1.2%	$156.27	+46.7%	COM	452327109
FPACX	FPA CRESCENT FUND	86,583	$2.974M	1.1%	$34.40	—	Equity Mutual Fu	30254T759
BPIRX	ROBECO BOSTON PARTNERS LONG SH	174,437	$2.944M	1.1%	$16.20	—	Equity Mutual Fu	74925K581
IPGP	IPG PHOTONICS	12,610	$2.944M	1.1%	$66.54	+270.8%	COM	44980X109
ORCL	ORACLE	64,221	$2.938M	1.1%	$43.49	+1.8%	COM	68389X105
HLMEX	HARDING LOEVNER INSTL EMERGING	112,911	$2.646M	1.0%	$20.10	—	Equity Mutual Fu	412295701
NLSIX	NEUBERGER BERMAN ALTERN LONG S	180,097	$2.615M	1.0%	$14.09	—	Equity Mutual Fu	64128R608
CSCO	CISCO SYS INC	52,495	$2.253M	0.8%	$27.97	+19.6%	COM	17275R102
NVDA	NVIDIA CORP	9,385	$2.173M	0.8%	$1.69	+243.8%	COM	67066G104
ABBV	ABBVIE	21,355	$2.021M	0.8%	$25.47	+208.4%	COM	00287Y109
UNP	UNION PACIFIC	14,784	$1.988M	0.7%	$99.79	+13.3%	COM	907818108
HON	HONEYWELL INTL	12,170	$1.758M	0.7%	$65.95	+78.2%	COM	438516106
CVX	CHEVRON	14,041	$1.601M	0.6%	$104.10	-18.3%	COM	166764100
—	DOWDUPONT INC	24,624	$1.568M	0.6%	$69.23	—	COM	26078J100
VFC	V F CORP	20,500	$1.519M	0.6%	$76.81	-5.9%	COM	918204108
SPTM	SPDR RUSSELL 3000 ETF	45,000	$1.477M	0.6%	$54.80	—	COM	78464A805
NXPI	NXP SEMICONDUCTORS	11,505	$1.346M	0.5%	$29.88	+258.9%	COM	N6596X109
GILD	GILEAD SCIENCES	16,823	$1.269M	0.5%	$61.87	-4.8%	COM	375558103
—	CELGENE CORP	14,186	$1.265M	0.5%	$98.25	—	COM	151020104
SJM	SMUCKER J M	10,010	$1.242M	0.5%	$98.28	-1.2%	COM	832696405
MRK	MERCK	20,696	$1.126M	0.4%	$36.03	+17.3%	COM	58933Y105
HP	HELMERICH & PAYNE	16,104	$1.073M	0.4%	$62.98	+7.1%	COM	423452101
KO	COCA COLA	21,550	$935K	0.4%	$33.69	+4.1%	COM	191216100
—	GENERAL ELECTRIC	69,348	$934K	0.4%	$21.45	—	COM	369604103
BMY	BRISTOL-MYERS SQUIBB	14,595	$924K	0.3%	$35.04	+37.3%	COM	110122108
—	IRONWOOD PHARMACEUTICALS, INC	55,000	$849K	0.3%	$15.44	—	COM	HB0000089
PBA	PEMBINA PIPELINE CO	23,875	$745K	0.3%	$27.75	-22.4%	COM	706327103
—	CIGNA	3,800	$637K	0.2%	$53.50	—	COM	125509109
IBM	INTL BUSINESS MACH	3,832	$587K	0.2%	$134.18	-20.0%	COM	459200101
PYPL	PAYPAL HOLDINGS	7,403	$562K	0.2%	$72.38	+9.3%	COM	70450Y103
WELL	WELLTOWER	10,000	$544K	0.2%	$50.40	-14.8%	COM	95040Q104
—	INGERSOLL RAND PLC	5,745	$492K	0.2%	$63.39	—	COM	G47791101
COP	CONOCOPHILLIPS	7,555	$447K	0.2%	$29.50	+48.3%	COM	20825C104
CAT	CATERPILLAR	3,024	$446K	0.2%	$54.58	+143.8%	COM	149123101
KMB	KIMBERLY CLARK	4,030	$444K	0.2%	$83.06	+3.8%	COM	494368103
LLY	ELI LILLY & CO	5,098	$395K	0.1%	$59.29	+20.9%	COM	532457108
CSX	CSX	6,600	$368K	0.1%	$19.02	-11.6%	COM	126408103
PSX	PHILLIPS 66	3,727	$358K	0.1%	$55.59	+28.6%	COM	718546104
BAX	BAXTER INTERNTL	5,438	$354K	0.1%	$63.39	-7.1%	COM	071813109
PFE	PFIZER	9,040	$321K	0.1%	$22.57	+7.4%	COM	717081103
EMR	EMERSON ELECTRIC	4,625	$316K	0.1%	$51.36	+14.9%	COM	291011104
NEE	NEXTERA ENERGY	1,890	$309K	0.1%	$21.98	+44.2%	COM	65339F101
STT	STATE STREET	3,012	$301K	0.1%	$74.42	+10.1%	COM	857477103
NVO	NOVO NORDISK A S ADR	5,590	$275K	0.1%	$54.17	—	COM	670100205
SLB	SCHLUMBERGER	4,201	$271K	0.1%	$62.18	-10.4%	COM	806857108
MCD	MCDONALDS CORP	1,650	$258K	0.1%	$88.13	+55.1%	COM	580135101
—	CRANE CO	2,701	$250K	0.1%	$74.79	—	COM	224399105
MO	ALTRIA GROUP	3,996	$249K	0.1%	$36.64	-0.2%	COM	02209S103
TMO	THERMO FISHER SCIENTIFIC	1,181	$243K	0.1%	$118.97	+72.8%	COM	883556102
RY	ROYAL BANK CANADA	2,900	$224K	0.1%	$64.82	+25.3%	COM	780087102
DE	DEERE & CO	1,430	$223K	0.1%	$123.74	+16.4%	COM	244199105
—	TEXAS PACIFIC LAND TRUST	434	$219K	0.1%	$504.61	—	COM	882610108
JPM	JPMORGAN CHASE	1,948	$214K	0.1%	$81.33	+12.4%	COM	46625H100
TRV	TRAVELERS	1,478	$205K	0.1%	$110.50	+6.4%	COM	89417E109
FRMO	FRMO CORP	13,400	$104K	0.0%	$7.68	+16.3%	COM	30262F205