Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	Auto Data Processing	246,363	$17.83M	5.5%	$45.20	+6.9%	COM	053015103
—	Volkswagen Ag Preferred sedol#	63,700	$15.03M	4.6%	$202.44	—	COM	d94523103
TM	Toyota Motor Adr	109,209	$13.98M	4.3%	$127.69	—	COM	892331307
IBM	Int'l Business Machines Corp	69,327	$12.84M	3.9%	$118.83	-6.1%	COM	459200101
EMR	Emerson Elec Co	198,356	$12.83M	3.9%	$40.29	+8.8%	COM	291011104
UPS	United Parcel Svc Cl B	140,199	$12.81M	3.9%	$55.58	+2.8%	COM	911312106
—	Telstra Ltd sedol 6087289AU	2,325,296	$10.81M	3.3%	$4.37	—	COM	6087289au
—	China Mobil	177,359	$10.01M	3.1%	$51.77	—	COM	16941M109
PHG	Koninklijke Philips NV	279,452	$9.012M	2.8%	$27.19	—	COM	500472303
—	Fanuc 6954 sedol# 6356934 JP	50,975	$8.421M	2.6%	$144.75	—	COM	j13440102
—	Takeda Pharma sedol B01DRX9 US	177,150	$8.368M	2.6%	$45.10	—	COM	j8129e108
—	Seven & I Holdings Ltd 3382 JP	220,200	$8.034M	2.5%	$36.49	—	COM	j7165h108
—	Tupperware Inc.	83,181	$7.184M	2.2%	$78.30	—	COM	899896104
—	AT&T Inc	207,224	$7.008M	2.1%	$35.32	—	COM	00206r102
—	Softbank Corp SEDOL B01JCG5	98,500	$6.816M	2.1%	$69.20	—	COM	005787971
TJX	Tjx Cos Inc New	120,016	$6.768M	2.1%	$21.07	+6.9%	COM	872540109
—	Copa Holdings S A Cl A	48,383	$6.709M	2.1%	$131.46	—	COM	p31076105
ABT	Abbott Laboratories	187,716	$6.23M	1.9%	$28.77	-3.7%	COM	002824100
—	Mercadolibre Inc.	45,510	$6.14M	1.9%	$110.32	—	COM	58733r102
—	Astellas Pharma Japan sedol 69	111,275	$5.67M	1.7%	$54.22	—	COM	j03393105
RCI	Rogers Communications B	130,613	$5.64M	1.7%	$47.39	-14.2%	COM	775109200
INTC	Intel Corp	219,563	$5.033M	1.5%	$17.18	-1.6%	COM	458140100
QCOM	Qualcomm Inc.	73,961	$4.979M	1.5%	$45.06	+3.3%	COM	747525103
—	AbbVie Inc.	99,426	$4.447M	1.4%	$44.73	—	COM	00287y109
—	Daiichi Sankyo Japan sedol BOJ	245,150	$4.442M	1.4%	$16.69	—	COM	j11257102
—	Tiffany & Co.	56,330	$4.316M	1.3%	$72.94	—	COM	886547108
WWW	Wolverine World Wide	69,203	$4.03M	1.2%	$20.22	+14.6%	COM	978097103
—	Breville - sedol 6158709AU	480,450	$3.931M	1.2%	$6.49	—	COM	6158709AU
—	Fast Retailing -Japan	10,100	$3.793M	1.2%	$336.72	—	COM	6332439JP
TSCO	Tractor Supply Company	53,991	$3.627M	1.1%	$9.88	+5.0%	COM	892356106
ADI	Analog Devices Inc Com	76,585	$3.603M	1.1%	$34.32	+6.9%	COM	032654105
CL	Colgate Palmolive	60,468	$3.586M	1.1%	$44.40	+0.4%	COM	194162103
—	Oracle Corp	106,458	$3.531M	1.1%	$30.71	—	COM	68389x105
—	Uni-Charm Corp Japan	59,425	$3.47M	1.1%	$56.47	—	COM	j94104114
—	Shiseido Co Ltd	184,200	$3.311M	1.0%	$14.90	—	COM	j74358144
—	Hubbell Inc Cl B Par .01	28,335	$2.968M	0.9%	$98.99	—	COM	443510201
MKC	McCormick & Co Inc.	44,558	$2.883M	0.9%	$28.18	-2.0%	COM	579780206
—	Grupo Aero. del Sureste 263934	259,770	$2.823M	0.9%	$11.07	—	COM	p4950y100
GWW	Grainger Ww Inc.	10,156	$2.658M	0.8%	$201.89	+5.4%	COM	384802104
VMI	Valmont Industries Inc	18,957	$2.633M	0.8%	$146.58	-2.5%	COM	920253101
WAB	Westinghouse Air Brake Tech. C	40,510	$2.547M	0.8%	$49.49	+11.2%	COM	929740108
—	Statoil Asa Shs	107,877	$2.447M	0.7%	$20.69	—	COM	85771p102
—	Electrolux AB sedol B1KKBX6	90,960	$2.364M	0.7%	$25.10	—	COM	w24713120
BEN	Franklin Res Inc	44,539	$2.251M	0.7%	$29.19	-1.6%	COM	354613101
FSLR	First Solar Inc	55,604	$2.236M	0.7%	$44.46	-4.9%	COM	336433107
JNJ	Johnson And Johnson Com	24,580	$2.131M	0.7%	$59.66	+6.5%	COM	478160104
—	Exxon Mobil Corp Com	23,586	$2.029M	0.6%	$90.35	—	COM	30231g102
NVO	Novo-Nordisk A-S Adr F 1 Adr R	11,021	$1.865M	0.6%	$155.52	—	COM	670100205
—	Life Technologies Corp	24,449	$1.83M	0.6%	$73.99	—	COM	53217v109
—	Sigma Aldrich Corp	21,222	$1.81M	0.6%	$80.43	—	COM	826552101
—	Jasa Marga (JSMR IJ) sedol B28	3,897,000	$1.75M	0.5%	$0.61	—	COM	y71285103
—	Praxair Inc	14,194	$1.706M	0.5%	$115.34	—	COM	74005p104
—	Telefonica Brasil SA	73,105	$1.64M	0.5%	$22.82	—	COM	87936r106
—	Credicorp LTD - Peru	12,480	$1.603M	0.5%	$128.45	—	COM	g2519y108
—	Novo-Nordisk A/S Sedol# 707752	9,025	$1.533M	0.5%	$155.68	—	COM	k7314n152
PG	Procter & Gamble Co	19,634	$1.484M	0.5%	$55.00	+2.2%	COM	742718109
DRI	Darden Restaurants Inc	31,356	$1.451M	0.4%	$31.32	-5.0%	COM	237194105
—	Denbury Resources	76,773	$1.413M	0.4%	$17.32	—	COM	247916208
—	3m Company Com	10,649	$1.272M	0.4%	$109.35	—	COM	88579y101
—	Airgas Inc.	11,815	$1.253M	0.4%	$95.47	—	COM	009363102
FANUY	Fanuc Ltd Japan	40,982	$1.133M	0.3%	$24.18	—	COM	307305102
—	Du Pont Ie De Nours	14,970	$877K	0.3%	$52.51	—	COM	263534109
ITW	Illinois Tool Works Inc	11,414	$871K	0.3%	$49.85	+9.9%	COM	452308109
CVX	Chevron Corporation	7,097	$862K	0.3%	$71.30	+2.5%	COM	166764100
COST	Costco Whsl Corp New	6,700	$771K	0.2%	$86.56	+5.9%	COM	22160K105
—	Volkswagen Ag Preferred ADR	16,772	$761K	0.2%	$39.00	—	COM	928662303
—	Scottish & Southern Energy PLC	29,300	$699K	0.2%	$23.11	—	COM	0790873gb
SYY	Sysco Corp Com	19,400	$618K	0.2%	$24.40	-1.7%	COM	871829107
DCI	Donaldson Company Inc	15,500	$591K	0.2%	$29.49	+2.3%	COM	257651109
MCD	Mc Donalds Corp	6,147	$591K	0.2%	$71.80	-1.7%	COM	580135101
PEP	Pepsico Incorporated	7,325	$582K	0.2%	$56.00	+1.4%	COM	713448108
GIS	General Mills Inc	11,739	$563K	0.2%	$31.98	+2.9%	COM	370334104
—	Grupo Aeroportunario del Sures	5,038	$548K	0.2%	$110.82	—	COM	40051e202
NKE	Nike Inc	7,400	$538K	0.2%	$26.53	+5.3%	COM	654106103
BRK/B	Berkshire Hathawayinc Del Cl	4,709	$535K	0.2%	$110.02	+4.9%	COM	084670702
—	Fuji Heavy Industries B01DH73	18,000	$467K	0.1%	$21.83	—	COM	j14406136
—	Cameron Intl Corp	7,534	$440K	0.1%	$61.19	—	COM	13342B105
—	Intercontinental Hotel London	14,475	$423K	0.1%	$29.22	—	COM	45857p400
AMGN	Amgen Inc Com	3,700	$414K	0.1%	$73.34	+5.0%	COM	031162100
—	Rowe T Price Group Inc	5,647	$406K	0.1%	$73.14	—	COM	74144t108
CNP	CenterPoint Energy Inc.	16,475	$395K	0.1%	$15.27	+1.2%	COM	15189T107
BDX	Becton Dickinson & Co	3,900	$390K	0.1%	$78.11	+3.2%	COM	075887109
AAPL	Apple Inc	813	$388K	0.1%	$13.16	+8.5%	COM	037833100
—	Westpac Banking Spn Adrf Spons	12,125	$372K	0.1%	$50.94	—	COM	961214301
—	Merck & Co Inc New	7,540	$359K	0.1%	$46.42	—	COM	58933y105
SLASX	Selected Amer Shares Inc	7,463	$354K	0.1%	$47.65	—	MF	816221105
—	Core Laboratories Nv	2,075	$351K	0.1%	$151.81	—	COM	n22717107
—	Spectra Energy	10,000	$342K	0.1%	$34.44	—	COM	847560109
—	Roche Holdings Switzerland	1,190	$321K	0.1%	$248.74	—	COM	711038901
—	Unilever N V Ny Shs Newf N Y R	8,100	$306K	0.1%	$39.26	—	COM	904784709
TAK	Takeda Pharma ADR	12,803	$304K	0.1%	$22.55	—	COM	874060205
GILD	Gilead Sciences Inc.	4,650	$292K	0.1%	$36.21	+14.7%	COM	375558103
PFE	Pfizer Incorporated	10,161	$292K	0.1%	$16.46	-0.6%	COM	717081103
NSRGY	Nestle S A Reg B Adr F 1 Adr R	3,710	$258K	0.1%	$65.77	—	COM	641069406
—	Chubb Corporation	2,839	$253K	0.1%	$84.54	—	COM	171232101
TLK	Telekomunikasi Indonesiasp Adr	6,948	$252K	0.1%	$42.70	—	COM	715684106
COP	Conocophillips	3,617	$251K	0.1%	$39.96	+11.3%	COM	20825C104
—	Unilever Plc	6,319	$244K	0.1%	$40.51	—	COM	904767704
ATR	Aptar Group	4,000	$241K	0.1%	$46.93	+5.7%	COM	038336103
—	Walden Small Cap Innovation Fu	11,750	$240K	0.1%	$18.81	—	MF	101156206
BP	Bp Plc Spon Adr	5,663	$238K	0.1%	$41.67	—	COM	055622104
CINF	Cincinnati Financial Corporati	4,975	$235K	0.1%	$32.92	+1.0%	COM	172062101
—	Kellogg Company	3,950	$232K	0.1%	$38.95	-0.3%	COM	487836108
—	Bard C R Incorporated	2,000	$230K	0.1%	$108.50	—	COM	067383109
—	Varian Med Sys Inc	3,000	$224K	0.1%	$67.33	—	COM	92220p105
—	Walgreen Company	3,970	$214K	0.1%	$53.90	—	COM	931422109
APD	Air Products & Chemicals Inc	1,972	$210K	0.1%	$70.09	0.0%	COM	009158106
VZ	Verizon Communications	4,340	$203K	0.1%	$27.04	-3.4%	COM	92343V104
WAMFX	Walden Mid Cap Fund	15,000	$197K	0.1%	$12.20	—	MF	101156800
—	Astellas Pharma ADR	14,891	$190K	0.1%	$13.50	—	COM	04623u102
—	Cra Qualified Investment Fund	17,737	$189K	0.1%	$10.70	—	MF	204029102
—	Oppenheimer Intl Bond Fund	22,158	$135K	0.0%	$6.05	—	MF	68380t301
—	Centrica Plc	20,560	$123K	0.0%	$5.45	—	COM	b033f2900
—	Semen Gresik TBK	99,500	$112K	0.0%	$1.72	—	COM	y7142g168
—	Singapore Telecom LTD	32,000	$96,000	0.0%	$2.97	—	COM	b02py2901
—	L-3 Communications	15,000	$16,000	0.0%	$1.00	—	CONV	502413AW7
—	Wright Medical Group	15,000	$15,000	0.0%	$1.00	—	CONV	98235TAA5
—	Hologic	15,000	$15,000	0.0%	$1.00	—	CONV	436440AA9
—	Sandisk Corp	10,000	$13,000	0.0%	$1.30	—	CONV	80004CAD3
—	Trinity Industries	10,000	$12,000	0.0%	$1.20	—	CONV	896522AF6
—	Yeuxiu Real Estate	20,000	$10,000	0.0%	$0.55	—	COM	y9865d109
—	James River Coal	15,000	$5,000	0.0%	$0.47	—	CONV	470355AF5