Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	54,746	$10.76M	3.9%	$142.19	+26.8%	COM	57636Q104
AAPL	APPLE INC	49,671	$9.196M	3.4%	$44.88	-4.8%	COM	037833100
ADP	AUTOMATIC DATA PROCESSING	67,068	$8.996M	3.3%	$57.63	+87.0%	COM	053015103
CNI	CANADIAN NATL RAILWAY	106,958	$8.744M	3.2%	$66.09	+4.3%	COM	136375102
JNJ	JOHNSON & JOHNSON	68,783	$8.346M	3.1%	$71.58	+40.7%	COM	478160104
HD	HOME DEPOT	41,824	$8.16M	3.0%	$62.45	+148.2%	COM	437076102
GOOGL	ALPHABET INC CL A	7,219	$8.15M	3.0%	$34.72	+55.5%	COM	02079K305
ATR	APTARGROUP	84,834	$7.922M	2.9%	$50.41	+67.2%	COM	038336103
MMM	3M	39,829	$7.835M	2.9%	$95.44	+36.4%	COM	88579Y101
FISV	FISERV	103,584	$7.673M	2.8%	$52.64	+38.0%	COM	337738108
XOM	EXXON MOBIL	92,380	$7.643M	2.8%	$52.23	+7.5%	COM	30231G102
NSRGY	NESTLE SA ADR	94,502	$7.317M	2.7%	$67.08	—	COM	641069406
ABT	ABBOTT LABS	119,860	$7.311M	2.7%	$43.57	+22.0%	COM	002824100
IRWD	IRONWOOD PHARMACEUTICALS	377,933	$7.226M	2.6%	$12.47	+18.6%	COM	46333X108
PG	PROCTER & GAMBLE	90,869	$7.093M	2.6%	$66.55	-7.1%	COM	742718109
NVS	NOVARTIS AG ADR	91,267	$6.892M	2.5%	$68.17	—	COM	66987V109
DHR	DANAHER CORP	69,331	$6.842M	2.5%	$58.53	+46.9%	COM	235851102
ADI	ANALOG DEVICES	69,829	$6.697M	2.4%	$63.00	+30.0%	COM	032654105
INTC	INTEL CORP	134,259	$6.674M	2.4%	$20.76	+116.9%	COM	458140100
—	UNITED TECHNOLOGIES	51,325	$6.418M	2.3%	$104.82	—	COM	913017109
CB	CHUBB LIMITED	46,772	$5.94M	2.2%	$103.92	+12.0%	COM	H1467J104
ROK	ROCKWELL AUTOMATION	33,950	$5.643M	2.1%	$84.90	+77.7%	COM	773903109
MSFT	MICROSOFT CORP	56,747	$5.596M	2.0%	$40.13	+123.7%	COM	594918104
—	NOVOZYMES A S DKK 2.0	108,147	$5.479M	2.0%	$32.57	—	COM	B798FW902
CVS	CVS HEALTH	70,841	$4.559M	1.7%	$49.93	+3.5%	COM	126650100
—	XILINX	67,706	$4.419M	1.6%	$44.90	—	COM	983919101
RHHBY	ROCHE HLDG LTD ADR	146,372	$4.045M	1.5%	$40.48	—	COM	771195104
FTV	FORTIVE CORP	51,777	$3.994M	1.5%	$38.73	+19.5%	COM	34959J108
—	UNILEVER PLC NEW ADR	71,473	$3.952M	1.4%	$47.20	—	COM	904767704
—	AQR MULTI STRGY ALTERNATIVE CL	458,736	$3.803M	1.4%	$9.45	—	Equity Mutual Fu	00203H792
EOG	EOG RESOURCES	30,370	$3.779M	1.4%	$71.77	+21.5%	COM	26875P101
XYL	XYLEM INC	55,135	$3.716M	1.4%	$34.02	+94.7%	COM	98419M100
ILMN	ILLUMINA	13,235	$3.698M	1.4%	$156.27	+62.8%	COM	452327109
PEP	PEPSICO	33,920	$3.693M	1.3%	$68.43	+19.4%	COM	713448108
FPACX	FPA CRESCENT FUND	100,852	$3.475M	1.3%	$34.41	—	Equity Mutual Fu	30254T759
HLMEX	HARDING LOEVNER INSTL EMERGING	155,959	$3.375M	1.2%	$20.53	—	Equity Mutual Fu	412295701
BPIRX	ROBECO BOSTON PARTNERS LONG SH	203,608	$3.337M	1.2%	$16.22	—	Equity Mutual Fu	74925K581
NLSIX	NEUBERGER BERMAN ALTERN LONG S	214,320	$3.148M	1.2%	$14.18	—	Equity Mutual Fu	64128R608
ORCL	ORACLE	55,965	$2.466M	0.9%	$43.49	-5.3%	COM	68389X105
IPGP	IPG PHOTONICS	10,720	$2.365M	0.9%	$66.54	+254.7%	COM	44980X109
NVDA	NVIDIA CORP	9,931	$2.353M	0.9%	$1.93	+211.9%	COM	67066G104
CSCO	CISCO SYS INC	52,045	$2.239M	0.8%	$27.97	+24.2%	COM	17275R102
UNP	UNION PACIFIC	14,759	$2.091M	0.8%	$99.79	+18.0%	COM	907818108
ABBV	ABBVIE	20,605	$1.909M	0.7%	$25.47	+176.9%	COM	00287Y109
HON	HONEYWELL INTL	12,095	$1.742M	0.6%	$65.95	+72.2%	COM	438516106
CVX	CHEVRON	13,320	$1.684M	0.6%	$104.10	-14.4%	COM	166764100
VFC	V F CORP	20,500	$1.671M	0.6%	$76.81	-1.9%	COM	918204108
PYPL	PAYPAL HOLDINGS	19,974	$1.663M	0.6%	$76.87	+3.4%	COM	70450Y103
—	CELGENE CORP	20,776	$1.651M	0.6%	$92.29	—	COM	151020104
—	DOWDUPONT INC	23,984	$1.581M	0.6%	$69.23	—	COM	26078J100
SPTM	SPDR RUSSELL 3000 ETF	45,000	$1.53M	0.6%	$54.80	—	COM	78464A805
MRK	MERCK	20,596	$1.25M	0.5%	$36.03	+23.6%	COM	58933Y105
GILD	GILEAD SCIENCES	16,858	$1.194M	0.4%	$61.87	-14.8%	COM	375558103
SJM	SMUCKER J M	10,010	$1.075M	0.4%	$98.28	-10.6%	COM	832696405
HP	HELMERICH & PAYNE	16,104	$1.027M	0.4%	$62.98	+8.0%	COM	423452101
KO	COCA COLA	21,550	$945K	0.3%	$33.69	+1.0%	COM	191216100
—	GENERAL ELECTRIC	67,815	$923K	0.3%	$21.45	—	COM	369604103
PBA	PEMBINA PIPELINE CO	23,875	$827K	0.3%	$27.75	-20.7%	COM	706327103
BMY	BRISTOL-MYERS SQUIBB	14,545	$805K	0.3%	$35.04	+16.0%	COM	110122108
—	CIGNA	3,695	$628K	0.2%	$53.50	—	COM	125509109
WELL	WELLTOWER	10,000	$627K	0.2%	$50.40	-14.4%	COM	95040Q104
IBM	INTL BUSINESS MACH	3,832	$535K	0.2%	$134.18	-25.5%	COM	459200101
—	INGERSOLL RAND PLC	5,645	$507K	0.2%	$63.39	—	COM	G47791101
COP	CONOCOPHILLIPS	6,838	$476K	0.2%	$29.50	+75.6%	COM	20825C104
LLY	ELI LILLY & CO	5,098	$435K	0.2%	$59.29	+24.3%	COM	532457108
KMB	KIMBERLY CLARK	4,030	$425K	0.2%	$83.06	-4.4%	COM	494368103
CSX	CSX	6,600	$421K	0.2%	$19.02	-2.2%	COM	126408103
PSX	PHILLIPS 66	3,727	$419K	0.2%	$55.59	+49.5%	COM	718546104
CAT	CATERPILLAR	3,024	$410K	0.1%	$54.58	+131.8%	COM	149123101
BAX	BAXTER INTERNTL	5,438	$402K	0.1%	$63.39	-2.9%	COM	071813109
—	TEXAS PACIFIC LAND TRUST	568	$395K	0.1%	$549.62	—	COM	882610108
NEE	NEXTERA ENERGY	1,890	$316K	0.1%	$21.98	+52.0%	COM	65339F101
PFE	PFIZER	8,340	$302K	0.1%	$22.57	+7.7%	COM	717081103
STT	STATE STREET	3,012	$281K	0.1%	$74.42	+4.6%	COM	857477103
SLB	SCHLUMBERGER	4,201	$281K	0.1%	$62.18	-11.4%	COM	806857108
MCD	MCDONALDS CORP	1,650	$259K	0.1%	$88.13	+53.8%	COM	580135101
EMR	EMERSON ELECTRIC	3,675	$254K	0.1%	$51.36	+14.2%	COM	291011104
TMO	THERMO FISHER SCIENTIFIC	1,181	$244K	0.1%	$118.97	+74.8%	COM	883556102
NVO	NOVO NORDISK A S ADR	5,140	$237K	0.1%	$54.17	—	COM	670100205
MO	ALTRIA GROUP	3,996	$226K	0.1%	$36.64	-12.1%	COM	02209S103
RY	ROYAL BANK CANADA	2,900	$218K	0.1%	$64.82	+18.1%	COM	780087102
—	CRANE CO	2,701	$216K	0.1%	$74.79	—	COM	224399105
BKH	BLACK HILLS CORP	3,474	$213K	0.1%	$42.43	0.0%	COM	092113109
JPM	JPMORGAN CHASE	1,948	$203K	0.1%	$81.33	+9.5%	COM	46625H100
FRMO	FRMO CORP	13,400	$103K	0.0%	$7.68	+4.7%	COM	30262F205