Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	Auto Data Processing	205,175	$17.11M	4.8%	$45.76	+38.8%	COM	053015103
—	Roche Holdings Switzerland	46,890	$12.71M	3.6%	$298.17	—	COM	h69293217
UPS	United Parcel Svc Cl B	112,680	$12.53M	3.5%	$56.23	+26.1%	COM	911312106
—	AT&T Inc	334,025	$11.22M	3.2%	$35.17	—	COM	00206r102
TJX	Tjx Cos Inc New	154,714	$10.61M	3.0%	$22.20	+23.1%	COM	872540109
QCOM	Qualcomm Inc.	139,411	$10.36M	2.9%	$49.98	+6.7%	COM	747525103
HD	Home Depot Inc	81,209	$8.525M	2.4%	$60.55	+23.5%	COM	437076102
ABT	Abbott Laboratories	178,121	$8.019M	2.3%	$28.92	+22.1%	COM	002824100
INTC	Intel Corp	215,017	$7.803M	2.2%	$17.62	+51.1%	COM	458140100
—	Westpac Banking Spn Adrf Spons	284,815	$7.662M	2.2%	$32.78	—	COM	961214301
—	Swiss RE AG	90,585	$7.623M	2.1%	$82.33	—	COM	h8431b109
FSLR	First Solar Inc	170,696	$7.612M	2.1%	$50.65	+0.6%	COM	336433107
PEP	Pepsico Incorporated	78,859	$7.457M	2.1%	$64.08	+7.1%	COM	713448108
EMR	Emerson Elec Co	118,287	$7.302M	2.1%	$41.13	+12.8%	COM	291011104
—	Seven & I Holdings Ltd 3382 JP	194,300	$6.931M	1.9%	$36.61	—	COM	j7165h108
TM	Toyota Motor Adr	53,694	$6.738M	1.9%	$127.08	—	COM	892331307
—	Chubb Corporation	64,114	$6.634M	1.9%	$90.79	—	COM	171232101
SBUX	Starbucks Corp	76,935	$6.313M	1.8%	$28.96	+8.0%	COM	855244109
FMX	Fomento Economico Mexicano Sa	69,090	$6.082M	1.7%	$93.49	—	COM	344419106
—	Praxair Inc	46,649	$6.044M	1.7%	$124.88	—	COM	74005p104
DIS	Walt Disney Company	60,620	$5.71M	1.6%	$73.72	+10.3%	COM	254687106
—	Mercadolibre Inc.	44,545	$5.687M	1.6%	$110.28	—	COM	58733r102
TSCO	Tractor Supply Company	62,188	$4.902M	1.4%	$10.07	+21.1%	COM	892356106
WWW	Wolverine World Wide	165,640	$4.881M	1.4%	$22.65	+0.6%	COM	978097103
—	Airgas Inc.	40,945	$4.716M	1.3%	$106.49	—	COM	009363102
—	Ramsay Health Care Ltd sedol#B	96,690	$4.518M	1.3%	$43.83	—	COM	q7982y104
—	AbbVie Inc.	67,986	$4.449M	1.2%	$46.89	—	COM	00287y109
CNP	CenterPoint Energy Inc.	181,025	$4.241M	1.2%	$16.49	-1.6%	COM	15189T107
WAB	Westinghouse Air Brake Tech. C	48,741	$4.235M	1.2%	$53.71	+47.4%	COM	929740108
—	Rock Tenn Co Cl A	66,455	$4.052M	1.1%	$47.77	—	COM	772739207
—	Abengoa Yield	147,555	$4.031M	1.1%	$27.32	—	COM	g00349103
TTRAF	Telstra Ltd sedol 6087289AU	796,329	$3.89M	1.1%	$4.80	0.0%	COM	Q8975N105
IBM	Int'l Business Machines Corp	23,051	$3.698M	1.0%	$118.73	-15.4%	COM	459200101
—	Sunpower	141,500	$3.655M	1.0%	$25.83	—	COM	867652406
—	Comm Bank of Austr. sedol 6215	51,365	$3.6M	1.0%	$71.53	—	COM	q26915100
ADI	Analog Devices Inc Com	64,356	$3.573M	1.0%	$35.59	+14.1%	COM	032654105
PHG	Koninklijke Philips NV	118,341	$3.432M	1.0%	$27.24	—	COM	500472303
BEN	Franklin Res Inc	60,542	$3.352M	0.9%	$30.13	+10.3%	COM	354613101
—	Copa Holdings S A Cl A	30,494	$3.16M	0.9%	$128.60	—	COM	p31076105
GWW	Grainger Ww Inc.	12,084	$3.08M	0.9%	$202.87	+1.5%	COM	384802104
—	Citrix Systems Inc.	47,598	$3.037M	0.9%	$62.98	—	COM	177376100
CL	Colgate Palmolive	43,262	$2.993M	0.8%	$45.02	+15.9%	COM	194162103
—	AGL Resources (Nicor)	52,605	$2.867M	0.8%	$51.35	—	COM	001204106
—	Tupperware Inc.	44,860	$2.826M	0.8%	$78.39	—	COM	899896104
—	Aust&New Zealnd Bkg Ordf Sedol	107,365	$2.819M	0.8%	$30.68	—	COM	q09504137
—	Glaxo Smith Kline Plc	64,300	$2.748M	0.8%	$42.74	—	COM	37733W105
—	Tiffany & Co.	25,055	$2.677M	0.8%	$74.80	—	COM	886547108
JNJ	Johnson And Johnson Com	25,240	$2.639M	0.7%	$62.71	+23.3%	COM	478160104
—	Svenska Handelsbanken ORD 5703	55,795	$2.625M	0.7%	$47.05	—	COM	w90937181
VMI	Valmont Industries Inc	19,981	$2.538M	0.7%	$146.62	-9.0%	COM	920253101
—	Sigma Aldrich Corp	18,410	$2.527M	0.7%	$80.43	—	COM	826552101
—	Imerys sedol # B011GL4 FR	32,650	$2.436M	0.7%	$74.61	—	COM	f49644101
NVO	Novo-Nordisk A-S Adr F 1 Adr R	55,830	$2.363M	0.7%	$67.34	—	COM	670100205
—	Hubbell Inc Cl B Par .01	22,070	$2.358M	0.7%	$98.99	—	COM	443510201
—	Google Inc Cl C	4,262	$2.244M	0.6%	$574.19	—	COM	38259p706
—	Google Inc Cl A	4,084	$2.167M	0.6%	$1009.75	—	COM	38259p508
—	Oracle Corp	47,786	$2.149M	0.6%	$31.71	—	COM	68389x105
—	Nordea Bank AB ORD 5380031SE	179,750	$2.094M	0.6%	$11.65	—	COM	w57996105
—	Fast Retailing -Japan	5,700	$2.088M	0.6%	$336.72	—	COM	6332439JP
PG	Procter & Gamble Co	22,796	$2.076M	0.6%	$55.55	+16.3%	COM	742718109
—	Fanuc 6954 sedol# 6356934 JP	12,200	$2.048M	0.6%	$144.75	—	COM	j13440102
—	Novo-Nordisk A/S Sedol# 707752	43,625	$1.899M	0.5%	$73.36	—	COM	k72807132
—	Exxon Mobil Corp Com	20,479	$1.893M	0.5%	$90.35	—	COM	30231g102
—	Novozymes A/S B Shs sedol# B01	44,700	$1.877M	0.5%	$41.99	—	COM	k7317j133
—	Jasa Marga (JSMR IJ) sedol B28	3,382,000	$1.843M	0.5%	$0.61	—	COM	y71285103
RHHBY	Roche Holdings Adr	51,678	$1.757M	0.5%	$37.19	—	COM	771195104
—	Meridian Bioscience Inc.	104,540	$1.721M	0.5%	$17.67	—	COM	589584101
—	3m Company Com	10,204	$1.677M	0.5%	$109.35	—	COM	88579y101
—	BCE Inc	34,969	$1.604M	0.5%	$45.36	—	COM	05534b760
COST	Costco Whsl Corp New	9,178	$1.301M	0.4%	$87.96	+24.4%	COM	22160K105
AAPL	Apple Inc	10,302	$1.137M	0.3%	$18.36	+31.2%	COM	037833100
—	Du Pont Ie De Nours	14,970	$1.107M	0.3%	$52.51	—	COM	263534109
—	Rockwool International A/S	9,600	$1.085M	0.3%	$113.02	—	COM	k8254s144
ITW	Illinois Tool Works Inc	11,214	$1.062M	0.3%	$49.85	+40.6%	COM	452308109
—	Kinder Morgan Inc.	22,852	$967K	0.3%	$42.32	—	COM	49456b101
—	Unilever N V Ny Shs Newf N Y R	20,410	$797K	0.2%	$39.36	—	COM	904784709
CVX	Chevron Corporation	6,897	$774K	0.2%	$71.30	-1.1%	COM	166764100
SYY	Sysco Corp Com	19,400	$770K	0.2%	$24.40	+18.2%	COM	871829107
APD	Air Products & Chemicals Inc	5,275	$761K	0.2%	$78.73	+22.2%	COM	009158106
NKE	Nike Inc	7,400	$712K	0.2%	$26.53	+53.6%	COM	654106103
AXAHY	AXA common ADR	30,940	$708K	0.2%	$24.63	—	COM	054536107
NSRGY	Nestle S A Reg B Adr F 1 Adr R	9,569	$698K	0.2%	$74.42	—	COM	641069406
—	Volkswagen Ag Preferred sedol#	2,965	$664K	0.2%	$202.44	—	COM	d94523103
—	Sprouts Farmers Markets	19,075	$648K	0.2%	$29.06	—	COM	85208m102
—	Fuji Heavy Industries B01DH73	18,000	$636K	0.2%	$21.83	—	COM	j14406136
BDX	Becton Dickinson & Co	4,520	$629K	0.2%	$80.53	+33.9%	COM	075887109
—	Novartis Adr	6,656	$617K	0.2%	$90.59	—	COM	66987v109
AMGN	Amgen Inc Com	3,862	$615K	0.2%	$74.69	+51.7%	COM	031162100
DCI	Donaldson Company Inc	14,108	$545K	0.2%	$29.49	+11.9%	COM	257651109
EBAY	Ebay Inc Com	9,628	$540K	0.2%	$19.70	+2.5%	COM	278642103
—	Fedex Corp	2,916	$506K	0.1%	$151.23	—	COM	31428x106
—	Scottish & Southern Energy PLC	19,630	$496K	0.1%	$23.75	—	COM	0790873gb
FANUY	Fanuc Ltd Japan	17,144	$472K	0.1%	$24.37	—	COM	307305102
—	Canadian Pacific Railway LTD	2,396	$462K	0.1%	$181.14	—	COM	13645t100
GILD	Gilead Sciences Inc.	4,783	$451K	0.1%	$37.20	+93.1%	COM	375558103
TD	Toronto-Dominion Bank	9,135	$436K	0.1%	$48.24	0.0%	COM	891160509
GIS	General Mills Inc	8,139	$434K	0.1%	$31.98	+10.2%	COM	370334104
—	Merck & Co Inc New	7,540	$428K	0.1%	$46.42	—	COM	58933y105
—	Comcast Corp	7,354	$427K	0.1%	$53.71	—	COM	20030n101
MCD	Mc Donalds Corp	4,522	$424K	0.1%	$71.80	-1.7%	COM	580135101
—	Statoil Asa Shs	23,698	$417K	0.1%	$25.50	—	COM	85771p102
—	Bemis Co Inc	8,780	$397K	0.1%	$38.00	—	COM	081437105
AXP	American Express Co.	4,212	$392K	0.1%	$76.40	+0.0%	COM	025816109
—	Cameron Intl Corp	7,442	$372K	0.1%	$61.19	—	COM	13342B105
CSCO	Cisco Systems Inc	13,021	$362K	0.1%	$16.64	+10.0%	COM	17275R102
SLASX	Selected Amer Shares Inc	7,763	$335K	0.1%	$47.75	—	MF	816221105
—	Bard C R Incorporated	2,000	$333K	0.1%	$108.50	—	COM	067383109
PFE	Pfizer Incorporated	10,161	$317K	0.1%	$16.46	+9.2%	COM	717081103
ADBE	Adobe Systems Inc	4,159	$302K	0.1%	$64.66	+8.4%	COM	00724F101
—	Textainer Group	8,771	$301K	0.1%	$34.32	—	COM	g8766e109
—	Electrolux AB sedol B1KKBX6	10,065	$294K	0.1%	$24.66	—	COM	w24713120
BRK/B	Berkshire Hathawayinc Del Cl	1,959	$294K	0.1%	$110.02	+31.2%	COM	084670702
—	Astellas Pharma Japan sedol 69	21,500	$293K	0.1%	$21.37	—	COM	j03393105
MSFT	Microsoft Corp	6,112	$284K	0.1%	$30.43	+31.0%	COM	594918104
—	Rowe T Price Group Inc	3,238	$278K	0.1%	$73.14	—	COM	74144t108
AMZN	Amazon Com Inc	897	$278K	0.1%	$15.82	-1.5%	COM	023135106
WAT	Waters Corp	2,450	$276K	0.1%	$103.09	+6.3%	COM	941848103
PGR	Progressive Corp Ohio	10,009	$270K	0.1%	$17.77	+6.5%	COM	743315103
ATR	Aptar Group	4,000	$267K	0.1%	$46.93	+15.6%	COM	038336103
ULTA	Ulta Beauty	2,040	$261K	0.1%	$90.08	+36.1%	COM	90384S303
—	Varian Med Sys Inc	3,000	$260K	0.1%	$67.33	—	COM	92220p105
—	Kellogg Company	3,950	$258K	0.1%	$38.95	+4.4%	COM	487836108
CINF	Cincinnati Financial Corporati	4,975	$258K	0.1%	$32.92	+10.7%	COM	172062101
—	Spectra Energy	7,045	$256K	0.1%	$34.47	—	COM	847560109
UNP	Union Pacific	2,126	$253K	0.1%	$74.77	+19.6%	COM	907818108
—	Core Laboratories Nv	2,075	$250K	0.1%	$151.81	—	COM	n22717107
—	Unilever Plc	6,120	$248K	0.1%	$40.51	—	COM	904767704
COP	Conocophillips	3,475	$240K	0.1%	$39.96	+22.3%	COM	20825C104
—	Facebook Inc.	2,978	$232K	0.1%	$67.16	—	COM	30303m102
—	Walden Small Cap Innovation Fu	11,750	$224K	0.1%	$18.81	—	MF	101156206
WAMFX	Walden Mid Cap Fund	15,000	$222K	0.1%	$12.20	—	MF	101156800
VZ	Verizon Communications	4,340	$203K	0.1%	$27.04	+2.3%	COM	92343V104
CRAIX	Cra Qualified Investment Fund	15,575	$168K	0.0%	$10.79	—	MF	20368N103
—	Denbury Resources	15,050	$122K	0.0%	$18.08	—	COM	247916208
—	Oppenheimer Intl Bond Fund	16,166	$95,000	0.0%	$6.05	—	MF	68380t301
—	Singapore Telecom LTD	32,000	$94,000	0.0%	$2.97	—	COM	y79985209
—	Centrica Plc	20,560	$89,000	0.0%	$5.01	—	COM	g2018z143
—	Semen Gresik TBK	65,500	$86,000	0.0%	$1.72	—	COM	y7142g168
—	Sandisk Corp	10,000	$19,000	0.0%	$1.30	—	CONV	80004CAD3
—	Trinity Industries	10,000	$13,000	0.0%	$1.20	—	CONV	896522AF6
—	James River Coal	15,000	$0	0.0%	$0.47	—	CONV	470355AF5