Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	JOHNSON & JOHNSON	108,429	$11.34M	4.9%	$72.86	+6.1%	Common Stock	478160104
CVS	CVS HEALTH	95,955	$9.244M	4.0%	$50.37	+27.9%	Common Stock	126650100
PG	PROCTER & GAMBLE	96,298	$8.771M	3.8%	$63.94	+1.0%	Common Stock	742718109
—	EXXON MOBIL	89,695	$8.294M	3.6%	$90.32	—	Common Stock	30231g102
—	3M	48,440	$7.96M	3.5%	$102.53	—	Common Stock	88579y101
ADP	AUTOMATIC DATA PROCESSING	85,170	$7.1M	3.1%	$56.29	+12.8%	Common Stock	053015103
NVS	NOVARTIS AG ADR	71,822	$6.655M	2.9%	$68.70	—	Common Stock	66987V109
EMR	EMERSON ELECTRIC	106,335	$6.565M	2.8%	$51.29	-9.5%	Common Stock	291011104
CNI	CANADIAN NATL RAILWAY	94,075	$6.482M	2.8%	$67.14	-16.7%	Common Stock	136375102
INTC	INTEL CORP	177,979	$6.459M	2.8%	$22.26	+19.6%	Common Stock	458140100
NSRGY	NESTLE SA ADR	85,411	$6.23M	2.7%	$67.04	—	Common Stock	641069406
AAPL	APPLE INC	53,372	$5.89M	2.6%	$28.29	-14.9%	Common Stock	037833100
ATR	APTARGROUP	82,670	$5.526M	2.4%	$48.89	+10.9%	Common Stock	038336103
QCOM	QUALCOMM	72,194	$5.366M	2.3%	$52.69	+1.2%	Common Stock	747525103
CVX	CHEVRON	47,004	$5.273M	2.3%	$95.34	-26.0%	Common Stock	166764100
—	E M C CORP MASS	176,635	$5.253M	2.3%	$26.07	—	Common Stock	268648102
HD	HOME DEPOT	48,742	$5.117M	2.2%	$62.17	+20.3%	Common Stock	437076102
PEP	PEPSICO	54,018	$5.107M	2.2%	$67.51	+1.6%	Common Stock	713448108
FISV	FISERV	68,739	$4.878M	2.1%	$28.44	+20.4%	Common Stock	337738108
—	UNITED TECHNOLOGIES	40,904	$4.704M	2.0%	$93.31	—	Common Stock	913017109
—	NOVOZYMES A S DKK 2.0	105,970	$4.473M	1.9%	$30.85	—	Common Stock	B798FW902
SLB	SCHLUMBERGER	51,649	$4.411M	1.9%	$69.50	-3.1%	Common Stock	806857108
—	MASTERCARD	50,580	$4.359M	1.9%	$104.12	—	Common Stock	57636q104
—	ORACLE	95,260	$4.283M	1.9%	$33.53	—	Common Stock	68389x105
ROK	ROCKWELL AUTOMATION	32,479	$3.61M	1.6%	$82.98	+6.1%	Common Stock	773903109
ABT	ABBOTT LABS	73,530	$3.311M	1.4%	$36.12	-2.2%	Common Stock	002824100
—	CISCO SYS INC	118,900	$3.306M	1.4%	$21.98	—	Common Stock	17275r102
MSFT	MICROSOFT CORP	69,310	$3.219M	1.4%	$30.13	+32.4%	Common Stock	594918104
—	JOHNSON CONTROLS	65,710	$3.177M	1.4%	$39.52	—	Common Stock	478366107
HP	HELMERICH & PAYNE	46,720	$3.149M	1.4%	$76.60	+1.7%	Common Stock	423452101
—	GENERAL ELECTRIC	123,532	$3.122M	1.4%	$23.26	—	Common Stock	369604103
DE	DEERE & CO	34,745	$3.074M	1.3%	$85.62	-17.5%	Common Stock	244199105
—	XILINX	65,308	$2.827M	1.2%	$42.78	—	Common Stock	983919101
RHHBY	ROCHE HLDG LTD ADR	75,233	$2.557M	1.1%	$42.67	—	Common Stock	771195104
PBA	PEMBINA PIPELINE CO	70,155	$2.555M	1.1%	$27.76	-23.9%	Common Stock	706327103
GAUAX	GABELLI UTILITES FUND CLASS A	453,782	$2.414M	1.0%	$5.48	—	Equity Mutual Fu	36240E202
—	TARGET CORP	29,242	$2.22M	1.0%	$62.90	—	Common Stock	87612e106
PRGO	PERRIGO CO	12,025	$2.011M	0.9%	$144.49	+8.2%	Common Stock	G97822103
POR	PORTLAND GENL	49,340	$1.867M	0.8%	$27.21	-11.4%	Common Stock	736508847
NXPI	NXP SEMICONDUCTORS	23,680	$1.809M	0.8%	$27.22	+131.5%	Common Stock	N6596X109
—	MONSANTO	14,050	$1.679M	0.7%	$99.54	—	Common Stock	61166w101
ABBV	ABBVIE	25,365	$1.659M	0.7%	$33.45	+20.3%	Common Stock	00287Y109
WMT	WAL-MART STORES	18,817	$1.616M	0.7%	$20.31	+7.5%	Common Stock	931142103
SPY	S P D R TRUST SER 1	7,460	$1.533M	0.7%	$198.16	—	Common Stock	78462F103
KO	COCA COLA	32,603	$1.376M	0.6%	$30.92	-2.8%	Common Stock	191216100
MDT	MEDTRONIC	17,746	$1.281M	0.6%	$53.02	0.0%	Common Stock	G5960L103
STT	STATE STREET	16,194	$1.27M	0.6%	$49.53	+11.3%	Common Stock	857477103
IPGP	IPG PHOTONICS	16,637	$1.246M	0.5%	$68.62	+3.7%	Common Stock	44980X109
—	CDK GLOBAL	27,168	$1.107M	0.5%	$40.75	—	Common Stock	12508E101
IVV	ISHARES S&P 500	5,232	$1.082M	0.5%	$198.20	—	Common Stock	464287200
—	WALGREEN BOOTS ALLIANCE INC	13,496	$1.029M	0.4%	$76.24	—	Common Stock	931427108
SYY	SYSCO	24,800	$985K	0.4%	$27.57	+4.7%	Common Stock	871829107
ILMN	ILLUMINA	5,228	$965K	0.4%	$156.11	+12.9%	Common Stock	452327109
BRK/B	BERKSHIRE HATHAWAY CL B	6,350	$954K	0.4%	$133.21	+8.4%	Common Stock	084670702
—	GLAXOSMITHKLINE PLC ADR	20,881	$893K	0.4%	$50.30	—	Common Stock	37733w105
ALNY	ALNYLAM PHARMA	9,075	$880K	0.4%	$18.26	+407.3%	Common Stock	02043Q107
—	NATIONAL GRID PLC	11,900	$841K	0.4%	$57.66	—	Common Stock	636274300
—	XYLEM INC	21,940	$835K	0.4%	$36.54	—	Common Stock	98419m100
—	CHUBB CORP	7,800	$807K	0.3%	$91.15	—	Common Stock	171232101
—	CITY NATIONAL	9,835	$795K	0.3%	$76.72	—	Common Stock	178566105
—	MERCK	12,625	$717K	0.3%	$51.91	—	Common Stock	58933y105
GIS	GENERAL MILLS	13,300	$709K	0.3%	$35.46	-0.6%	Common Stock	370334104
—	ARMOUR RESIDENTIAL REIT INC	176,500	$650K	0.3%	$4.17	—	Common Stock	042315101
UNP	UNION PACIFIC	5,229	$623K	0.3%	$96.97	-7.7%	Common Stock	907818108
BMY	BRISTOL-MYERS SQUIBB	10,500	$620K	0.3%	$34.21	+13.7%	Common Stock	110122108
—	DU PONT	7,215	$533K	0.2%	$65.84	—	Common Stock	263534109
SYK	STRYKER CORP	5,200	$491K	0.2%	$71.93	+8.2%	Common Stock	863667101
SNA	SNAP ON	3,500	$479K	0.2%	$94.94	+7.1%	Common Stock	833034101
APD	AIR PRODUCTS & CHEM	3,280	$473K	0.2%	$92.44	+4.1%	Common Stock	009158106
—	FIDELITY NATL INFO SVCS	7,137	$444K	0.2%	$56.33	—	Common Stock	31620m106
BA	BOEING	3,400	$442K	0.2%	$109.27	+1.3%	Common Stock	097023105
USB	US BANCORP	9,837	$442K	0.2%	$28.42	+2.5%	Common Stock	902973304
WFC	WELLS FARGO	8,000	$439K	0.2%	$37.41	+3.6%	Common Stock	949746101
NSC	NORFOLK SOUTHERN	3,760	$412K	0.2%	$82.62	+3.9%	Common Stock	655844108
—	DOMINION RES INC	5,260	$404K	0.2%	$57.11	—	Common Stock	25746u109
KMB	KIMBERLY CLARK	3,400	$393K	0.2%	$70.85	+7.4%	Common Stock	494368103
AKAM	AKAMAI TECHNOLOGIES	5,900	$371K	0.2%	$60.11	+0.3%	Common Stock	00971T101
PFE	PFIZER	11,300	$352K	0.2%	$17.45	+3.0%	Common Stock	717081103
AMGN	AMGEN INC	2,186	$348K	0.2%	$94.52	+19.9%	Common Stock	031162100
HSY	HERSHEY COMPANY	3,200	$333K	0.1%	$70.60	+5.8%	Common Stock	427866108
ABBNY	ABB LTD SPON ADR	15,415	$326K	0.1%	$20.79	—	Common Stock	000375204
ADI	ANALOG DEVICES	5,800	$322K	0.1%	$40.45	+0.4%	Common Stock	032654105
PNC	PNC FINCL SERVICES	3,500	$319K	0.1%	$59.84	+2.5%	Common Stock	693475105
BP	BP PLC SPON ADR	8,231	$314K	0.1%	$44.00	—	Common Stock	055622104
NUE	NUCOR CORP	6,388	$313K	0.1%	$40.02	-0.7%	Common Stock	670346105
—	ISIS PHARMACEUTICAL	4,780	$296K	0.1%	$61.92	—	Common Stock	464330109
GILD	GILEAD SCIENCES	3,100	$292K	0.1%	$68.03	+5.6%	Common Stock	375558103
DIS	DISNEY	3,100	$292K	0.1%	$71.55	+13.6%	Common Stock	254687106
SJM	SMUCKER J M	2,830	$286K	0.1%	$73.43	-0.6%	Common Stock	832696405
UNFI	UNITED NATURAL FOODS	3,425	$265K	0.1%	$63.03	+12.2%	Common Stock	911163103
—	COVIDIEN	2,515	$257K	0.1%	$59.31	—	Common Stock	G2554F113
CL	COLGATE-PALMOLIVE	3,600	$249K	0.1%	$51.17	+2.0%	Common Stock	194162103
—	ROYAL DUTCH SHELL PLC SPONS	3,700	$247K	0.1%	$75.95	—	Common Stock	780259206
—	ANADARKO PETE	2,610	$215K	0.1%	$106.84	—	Common Stock	032511107
NVO	NOVO NORDISK A S ADR	4,800	$202K	0.1%	$70.32	—	Common Stock	670100205
—	FOCUS ENHANCEMENTS	11,500	$0	0.0%	—	—	Common Stock	344159108