Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	Auto Data Processing	208,380	$17.85M	4.9%	$46.10	+47.3%	COM	053015103
—	AT&T Inc	529,419	$17.29M	4.8%	$34.24	—	COM	00206r102
—	Roche Holdings Switzerland	48,050	$13.26M	3.7%	$297.64	—	COM	h69293217
TJX	Tjx Cos Inc New	162,934	$11.41M	3.1%	$22.56	+29.8%	COM	872540109
UPS	United Parcel Svc Cl B	114,432	$11.09M	3.1%	$56.43	+23.0%	COM	911312106
FSLR	First Solar Inc	171,421	$10.25M	2.8%	$50.65	+1.4%	COM	336433107
VZ	Verizon Communications	193,445	$9.407M	2.6%	$27.61	+0.0%	COM	92343V104
ABT	Abbott Laboratories	195,242	$9.046M	2.5%	$29.67	+26.1%	COM	002824100
—	Swiss RE AG Sedol# B545MG5 CH	92,595	$8.971M	2.5%	$82.64	—	COM	h8431b109
—	Seven & I Holdings Ltd 3382 JP	194,890	$8.211M	2.3%	$36.61	—	COM	j7165h108
PEP	Pepsico Incorporated	84,014	$8.033M	2.2%	$64.43	+8.2%	COM	713448108
—	Westpac Banking Spn Adrf Spons	262,595	$7.854M	2.2%	$32.78	—	COM	961214301
TM	Toyota Motor Adr	55,724	$7.795M	2.1%	$127.55	—	COM	892331307
SBUX	Starbucks Corp	81,535	$7.721M	2.1%	$29.36	+23.0%	COM	855244109
DIS	Walt Disney Company	65,266	$6.846M	1.9%	$75.01	+22.5%	COM	254687106
—	Chubb Corporation	65,674	$6.64M	1.8%	$91.04	—	COM	171232101
FMX	Fomento Economico Mexicano Sa	70,655	$6.606M	1.8%	$93.49	—	COM	344419106
EMR	Emerson Elec Co	116,382	$6.59M	1.8%	$41.13	+5.5%	COM	291011104
—	Praxair Inc	49,243	$5.946M	1.6%	$124.66	—	COM	74005p104
QCOM	Qualcomm Inc.	85,536	$5.931M	1.6%	$49.98	+3.4%	COM	747525103
HD	Home Depot Inc	51,718	$5.876M	1.6%	$60.55	+40.9%	COM	437076102
WWW	Wolverine World Wide	173,955	$5.819M	1.6%	$22.73	+7.2%	COM	978097103
—	Mercadolibre Inc.	44,580	$5.462M	1.5%	$110.28	—	COM	58733r102
—	Abengoa Yield	158,730	$5.362M	1.5%	$27.77	—	COM	g00349103
INTC	Intel Corp	163,493	$5.112M	1.4%	$17.62	+47.6%	COM	458140100
—	Ramsay Health Care Ltd sedol#6	98,575	$5.064M	1.4%	$43.98	—	COM	q7982y104
—	Sunpower	146,345	$4.582M	1.3%	$26.01	—	COM	867652406
—	Airgas Inc.	42,220	$4.48M	1.2%	$106.48	—	COM	009363102
—	AbbVie Inc.	76,086	$4.454M	1.2%	$48.13	—	COM	00287y109
—	Rock Tenn Co Cl A	68,450	$4.415M	1.2%	$48.26	—	COM	772739207
CNP	CenterPoint Energy Inc.	194,870	$3.977M	1.1%	$16.39	-8.4%	COM	15189T107
—	Tupperware Inc.	52,045	$3.592M	1.0%	$77.10	—	COM	899896104
IBM	Int'l Business Machines Corp	22,264	$3.573M	1.0%	$118.73	-18.7%	COM	459200101
TTRAF	Telstra Ltd sedol 6087289AU	725,119	$3.495M	1.0%	$4.80	+3.8%	COM	Q8975N105
BEN	Franklin Res Inc	66,457	$3.411M	0.9%	$30.32	+6.5%	COM	354613101
—	Citrix Systems Inc.	51,183	$3.269M	0.9%	$63.04	—	COM	177376100
—	Copa Holdings S A Cl A	31,939	$3.225M	0.9%	$127.35	—	COM	p31076105
—	AGL Resources (Nicor)	62,050	$3.081M	0.8%	$51.09	—	COM	001204106
NVO	Novo-Nordisk A-S Adr F 1 Adr R	57,675	$3.079M	0.8%	$66.89	—	COM	670100205
CL	Colgate Palmolive	43,442	$3.012M	0.8%	$45.02	+19.2%	COM	194162103
—	Glaxo Smith Kline Plc	63,945	$2.951M	0.8%	$42.74	—	COM	37733W105
—	Oracle Corp	66,651	$2.876M	0.8%	$34.95	—	COM	68389x105
—	Fanuc 6954 sedol# 6356934 JP	12,300	$2.692M	0.7%	$144.75	—	COM	j13440102
—	Svenska Handelsbanken ORD 5703	58,230	$2.629M	0.7%	$46.97	—	COM	w90937181
ADI	Analog Devices Inc Com	40,175	$2.531M	0.7%	$35.59	+27.6%	COM	032654105
JNJ	Johnson And Johnson Com	25,149	$2.53M	0.7%	$62.71	+19.8%	COM	478160104
—	Sigma Aldrich Corp	18,067	$2.498M	0.7%	$80.43	—	COM	826552101
—	Imerys sedol # B011GL4 FR	32,960	$2.456M	0.7%	$74.61	—	COM	f49644101
—	Google Inc Cl C	4,460	$2.444M	0.7%	$573.03	—	COM	38259p706
—	Hubbell Inc Cl B Par .01	22,070	$2.419M	0.7%	$98.99	—	COM	443510201
—	Google Inc Cl A	4,334	$2.404M	0.7%	$983.50	—	COM	38259p508
—	Novo-Nordisk A/S Sedol# 707752	43,625	$2.333M	0.6%	$73.36	—	COM	k72807132
—	Nordea Bank AB ORD 5380031SE	188,225	$2.298M	0.6%	$11.67	—	COM	w57996105
—	Fast Retailing -Japan	5,700	$2.21M	0.6%	$336.72	—	COM	6332439JP
—	Novozymes A/S B Shs sedol# B01	46,575	$2.133M	0.6%	$42.14	—	COM	k7317j133
—	Tiffany & Co.	23,905	$2.104M	0.6%	$74.80	—	COM	886547108
RHHBY	Roche Holdings Adr	60,527	$2.081M	0.6%	$36.78	—	COM	771195104
TSCO	Tractor Supply Company	23,425	$1.993M	0.5%	$10.07	+41.4%	COM	892356106
GWW	Grainger Ww Inc.	8,286	$1.954M	0.5%	$202.87	-1.4%	COM	384802104
—	Meridian Bioscience Inc.	98,880	$1.887M	0.5%	$17.67	—	COM	589584101
PG	Procter & Gamble Co	22,720	$1.862M	0.5%	$55.55	+14.5%	COM	742718109
—	Jasa Marga (JSMR IJ) sedol B28	3,297,000	$1.813M	0.5%	$0.61	—	COM	y71285103
—	3m Company Com	10,204	$1.683M	0.5%	$109.35	—	COM	88579y101
—	Exxon Mobil Corp Com	19,590	$1.665M	0.5%	$90.35	—	COM	30231g102
—	BCE Inc	38,089	$1.613M	0.4%	$45.11	—	COM	05534b760
—	Comm Bank of Austr. sedol 6215	21,230	$1.515M	0.4%	$71.53	—	COM	q26915100
COST	Costco Whsl Corp New	9,129	$1.383M	0.4%	$87.96	+37.5%	COM	22160K105
AAPL	Apple Inc	10,666	$1.327M	0.4%	$18.65	+43.9%	COM	037833100
WAB	Westinghouse Air Brake Tech. C	12,958	$1.231M	0.3%	$53.71	+58.0%	COM	929740108
ITW	Illinois Tool Works Inc	11,214	$1.089M	0.3%	$49.85	+49.5%	COM	452308109
—	Du Pont Ie De Nours	14,970	$1.07M	0.3%	$52.51	—	COM	263534109
—	Rockwool Intl A/S Sedol# 47134	8,905	$1.04M	0.3%	$113.02	—	COM	k8254s144
—	Kinder Morgan Inc.	22,572	$949K	0.3%	$42.32	—	COM	49456b101
AXAHY	AXA common ADR	36,460	$920K	0.3%	$24.72	—	COM	054536107
SSREY	Swiss RE AG ADR	8,860	$856K	0.2%	$96.61	—	COM	870886108
APD	Air Products & Chemicals Inc	5,275	$798K	0.2%	$78.73	+34.4%	COM	009158106
NKE	Nike Inc	7,400	$742K	0.2%	$26.53	+57.1%	COM	654106103
SYY	Sysco Corp Com	19,400	$732K	0.2%	$24.40	+21.1%	COM	871829107
CVX	Chevron Corporation	6,822	$716K	0.2%	$71.30	-6.2%	COM	166764100
EBAY	Ebay Inc Com	11,843	$683K	0.2%	$19.99	+6.2%	COM	278642103
—	Unilever N V Ny Shs Newf N Y R	15,650	$654K	0.2%	$39.36	—	COM	904784709
FANUY	Fanuc Ltd Japan	17,074	$624K	0.2%	$24.37	—	COM	307305102
—	Fuji Heavy Industries B01DH73	18,000	$610K	0.2%	$21.83	—	COM	j14406136
AMGN	Amgen Inc Com	3,767	$602K	0.2%	$74.69	+54.0%	COM	031162100
—	Volkswagen Ag Preferred sedol#	2,140	$573K	0.2%	$202.44	—	COM	d94523103
BDX	Becton Dickinson & Co	3,900	$560K	0.2%	$80.53	+47.2%	COM	075887109
—	Rowe T Price Group Inc	6,702	$543K	0.1%	$77.21	—	COM	74144t108
DCI	Donaldson Company Inc	14,108	$532K	0.1%	$29.49	+6.0%	COM	257651109
TD	Toronto-Dominion Bank	11,635	$499K	0.1%	$47.11	-8.8%	COM	891160509
NSRGY	Nestle S A Reg B Adr F 1 Adr R	6,630	$499K	0.1%	$74.42	—	COM	641069406
—	Fedex Corp	2,916	$482K	0.1%	$151.23	—	COM	31428x106
—	Novartis Adr	4,765	$470K	0.1%	$90.59	—	COM	66987v109
GILD	Gilead Sciences Inc.	4,650	$456K	0.1%	$37.20	+89.6%	COM	375558103
—	Bemis Co Inc	9,680	$448K	0.1%	$38.77	—	COM	081437105
MCD	Mc Donalds Corp	4,522	$441K	0.1%	$71.80	+0.5%	COM	580135101
GIS	General Mills Inc	7,764	$439K	0.1%	$31.98	+14.6%	COM	370334104
—	Merck & Co Inc New	7,540	$433K	0.1%	$46.42	—	COM	58933y105
—	Scottish & Southern Energy PLC	19,390	$431K	0.1%	$23.75	—	COM	0790873gb
—	Comcast Corp	7,354	$415K	0.1%	$53.71	—	COM	20030n101
—	Aust&New Zealnd Bkg Ordf Sedol	14,325	$401K	0.1%	$30.68	—	COM	q09504137
—	Statoil Asa Shs	20,463	$360K	0.1%	$25.50	—	COM	85771p102
PFE	Pfizer Incorporated	10,161	$354K	0.1%	$16.46	+22.1%	COM	717081103
—	Astellas Pharma Japan sedol 69	21,500	$353K	0.1%	$21.37	—	COM	j03393105
CSCO	Cisco Systems Inc	12,613	$347K	0.1%	$16.64	+20.8%	COM	17275R102
SLASX	Selected Amer Shares Inc	7,763	$342K	0.1%	$47.75	—	MF	816221105
PRBLX	Parnassus Equity Income	8,377	$338K	0.1%	$40.35	—	MF	701769101
—	Bard C R Incorporated	2,000	$335K	0.1%	$108.50	—	COM	067383109
—	Cameron Intl Corp	7,420	$335K	0.1%	$61.19	—	COM	13342B105
AMZN	Amazon Com Inc	897	$334K	0.1%	$15.82	+11.1%	COM	023135106
AXP	American Express Co.	4,212	$329K	0.1%	$76.40	-7.0%	COM	025816109
ULTA	Ulta Beauty	2,080	$314K	0.1%	$91.01	+52.1%	COM	90384S303
ADBE	Adobe Systems Inc	4,165	$308K	0.1%	$64.66	+15.4%	COM	00724F101
WAT	Waters Corp	2,450	$305K	0.1%	$103.09	+15.7%	COM	941848103
—	Walgreen Boots Alliance	3,520	$298K	0.1%	$84.66	—	COM	931427108
BRK/B	Berkshire Hathawayinc Del Cl	1,959	$283K	0.1%	$110.02	+33.7%	COM	084670702
—	Varian Med Sys Inc	3,000	$282K	0.1%	$67.33	—	COM	92220p105
MSFT	Microsoft Corp	6,778	$276K	0.1%	$31.10	+19.7%	COM	594918104
PGR	Progressive Corp Ohio	10,009	$272K	0.1%	$17.77	+9.7%	COM	743315103
CINF	Cincinnati Financial Corporati	4,975	$265K	0.1%	$32.92	+16.9%	COM	172062101
—	Kellogg Company	3,950	$261K	0.1%	$38.95	+7.1%	COM	487836108
—	Unilever Plc	6,170	$257K	0.1%	$40.51	—	COM	904767704
—	Textainer Group	8,554	$257K	0.1%	$34.32	—	COM	g8766e109
ATR	Aptar Group	4,000	$254K	0.1%	$46.93	+17.8%	COM	038336103
—	Spectra Energy	6,775	$245K	0.1%	$34.47	—	COM	847560109
—	Facebook Inc.	2,978	$245K	0.1%	$67.16	—	COM	30303m102
—	Walden Small Cap Innovation Fu	11,750	$231K	0.1%	$18.81	—	MF	101156206
UNP	Union Pacific	2,126	$230K	0.1%	$74.77	+22.8%	COM	907818108
WAMFX	Walden Mid Cap Fund	15,000	$228K	0.1%	$12.20	—	MF	101156800
—	Canadian Pacific Railway LTD	1,196	$219K	0.1%	$181.14	—	COM	13645t100
—	Core Laboratories Nv	2,075	$217K	0.1%	$151.81	—	COM	n22717107
COP	Conocophillips	3,475	$216K	0.1%	$39.96	+14.0%	COM	20825C104
CVS	C V S Caremark Corp	2,059	$213K	0.1%	$74.28	0.0%	COM	126650100
TXN	Texas Instruments Inc	3,656	$209K	0.1%	$41.73	0.0%	COM	882508104
BMY	Bristol Myers Squibb Co	3,200	$206K	0.1%	$43.45	0.0%	COM	110122108
—	Nordea Bank ADR	14,250	$173K	0.0%	$12.14	—	COM	65557a206
CRAIX	Cra Qualified Investment Fund	13,804	$150K	0.0%	$10.79	—	MF	20368N103
—	Singapore Telecom LTD	32,000	$102K	0.0%	$2.97	—	COM	y79985209
—	Oppenheimer Intl Bond Fund	16,166	$95,000	0.0%	$6.05	—	MF	68380t301
—	Denbury Resources	11,700	$85,000	0.0%	$18.08	—	COM	247916208
—	Centrica Plc	20,560	$77,000	0.0%	$5.01	—	COM	g2018z143
—	Semen Gresik TBK	65,500	$68,000	0.0%	$1.72	—	COM	y7142g168
—	Trinity Industries	10,000	$16,000	0.0%	$1.20	—	CONV	896522AF6
—	Sandisk Corp	10,000	$14,000	0.0%	$1.30	—	CONV	80004CAD3
—	James River Coal	15,000	$0	0.0%	$0.47	—	CONV	470355AF5