Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	Auto Data Processing	131,683	$21.04M	6.9%	$53.78	+133.3%	COM	053015103
—	VISA Inc.	113,175	$17.68M	5.8%	$79.35	—	COM	92826c839
—	Unilever Plc	274,656	$15.85M	5.2%	$40.71	—	COM	904767704
VZ	Verizon Communications	207,109	$12.25M	4.0%	$33.36	+16.8%	COM	92343V104
UPS	United Parcel Svc Cl B	101,382	$11.33M	3.7%	$62.72	+29.1%	COM	911312106
COST	Costco Whsl Corp New	46,121	$11.17M	3.6%	$135.19	+46.7%	COM	22160K105
—	Alphabet Inc Cl C	9,305	$10.92M	3.6%	$758.22	—	COM	02079k107
—	Mercadolibre Inc.	21,063	$10.69M	3.5%	$121.98	—	COM	58733r102
TJX	Tjx Cos Inc New	197,374	$10.5M	3.4%	$36.24	+25.5%	COM	872540109
ADI	Analog Devices Inc Com	95,063	$10.01M	3.3%	$45.17	+95.8%	COM	032654105
DHR	Danaher Corp Del	66,591	$8.791M	2.9%	$71.66	+38.7%	COM	235851102
—	Alphabet Inc Cl A	7,287	$8.576M	2.8%	$726.46	—	COM	02079k305
EBAY	Ebay Inc Com	210,438	$7.816M	2.6%	$24.94	+24.0%	COM	278642103
—	AT&T Inc	241,225	$7.565M	2.5%	$34.19	—	COM	00206r102
—	Linde PLC	42,103	$7.407M	2.4%	$156.04	—	COM	g5494j103
—	Keyence Corp 6861 JP Sedol 64	11,052	$6.887M	2.2%	$484.11	—	COM	j32491102
—	Swiss RE AG Sedol# B545MG5 CH	65,575	$6.405M	2.1%	$86.31	—	COM	h8431b109
ECL	Ecolab Inc	36,196	$6.39M	2.1%	$112.21	+34.5%	COM	278865100
—	Booking Holdings	3,621	$6.318M	2.1%	$2078.43	—	COM	09857l108
EMR	Emerson Elec Co	91,632	$6.274M	2.0%	$46.51	+20.5%	COM	291011104
AAPL	Apple Inc	29,005	$5.509M	1.8%	$33.12	+22.1%	COM	037833100
—	AbbVie Inc.	68,241	$5.5M	1.8%	$56.27	—	COM	00287y109
—	Novartis Adr	47,821	$4.598M	1.5%	$91.47	—	COM	66987v109
CL	Colgate Palmolive	63,152	$4.328M	1.4%	$54.04	+1.8%	COM	194162103
PNC	Pnc Financial Service Group	34,887	$4.279M	1.4%	$108.17	-10.5%	COM	693475105
AMZN	Amazon Com Inc	2,356	$4.195M	1.4%	$38.57	+115.8%	COM	023135106
—	HDFC Bank Limited ADR	36,110	$4.186M	1.4%	$98.77	—	COM	40415f101
—	Chubb Ltd	25,468	$3.568M	1.2%	$133.39	—	COM	h1467j104
—	Hcp Inc. Reit	111,171	$3.48M	1.1%	$27.68	—	COM	40414L109
EXPD	Expeditors Intl Wash Inc.	44,953	$3.412M	1.1%	$41.84	+58.7%	COM	302130109
INTC	Intel Corp	60,708	$3.26M	1.1%	$19.54	+124.3%	COM	458140100
—	Vestas Wind Sys New Ordf Sedol	35,030	$2.95M	1.0%	$82.13	—	COM	k9773j128
TCTZF	Tencent Holdings Sedol# BMMV2K	61,688	$2.837M	0.9%	$33.25	+32.0%	COM	G87572163
AXAHY	AXA common ADR	110,342	$2.776M	0.9%	$25.45	—	COM	054536107
—	Novozymes A/S B Shs sedol# B79	59,388	$2.733M	0.9%	$35.24	—	COM	k7317j133
—	ASSA ABLOY Sedol# BYPC1T4 SE	117,260	$2.537M	0.8%	$22.79	—	COM	w0817x204
—	Croda International PLC Sedol	37,685	$2.474M	0.8%	$50.62	—	COM	g25536148
KUBTF	Kubota Corp Sedol 6497509 JP	166,331	$2.403M	0.8%	$15.23	-5.2%	COM	J36662138
—	Cyrusone Inc.	45,714	$2.397M	0.8%	$55.63	—	COM	23283r100
FMX	Fomento Economico Mexicano Sa	20,974	$1.935M	0.6%	$93.31	—	COM	344419106
TCEHY	Tencent Holdings	40,331	$1.854M	0.6%	$39.24	—	COM	88032Q109
—	PayPal Holdings, Inc.	15,489	$1.608M	0.5%	$39.03	—	COM	70450y103
NVZMY	Novozymes A/S B Shs ADR	34,815	$1.602M	0.5%	$40.55	—	COM	670108109
—	Nordea Bank AB sedol BYZF9J9 S	203,482	$1.552M	0.5%	$8.00	—	COM	x5s8vl105
—	Oracle Corp	26,522	$1.424M	0.5%	$35.44	—	COM	68389x105
—	Glaxo Smith Kline Plc	32,441	$1.356M	0.4%	$41.23	—	COM	37733W105
—	Bemis Co Inc	22,101	$1.226M	0.4%	$43.00	—	COM	081437105
—	Novo-Nordisk A/S Sedol# 707752	21,125	$1.107M	0.4%	$64.77	—	COM	k72807132
—	Citrix Systems Inc.	11,098	$1.106M	0.4%	$63.04	—	COM	177376100
DLR	Digital Realty Trust	9,118	$1.085M	0.4%	$71.90	+22.1%	COM	253868103
HD	Home Depot Inc	5,551	$1.065M	0.3%	$91.90	+68.3%	COM	437076102
PG	Procter & Gamble Co	8,381	$872K	0.3%	$58.80	+39.6%	COM	742718109
MSFT	Microsoft Corp	7,284	$859K	0.3%	$50.18	+103.8%	COM	594918104
PEP	Pepsico Incorporated	6,430	$788K	0.3%	$65.63	+40.9%	COM	713448108
—	Exxon Mobil Corp Com	9,208	$744K	0.2%	$89.33	—	COM	30231g102
JNJ	Johnson And Johnson Com	5,163	$722K	0.2%	$68.21	+61.8%	COM	478160104
—	3m Company Com	3,434	$714K	0.2%	$133.43	—	COM	88579y101
MCD	Mc Donalds Corp	3,593	$682K	0.2%	$71.80	+115.3%	COM	580135101
IBM	Int'l Business Machines Corp	4,781	$675K	0.2%	$115.77	-18.3%	COM	459200101
AOS	AO Smith Corp	12,062	$643K	0.2%	$53.09	-17.5%	COM	831865209
AB	Alliance Bernstein Hldg Unit L	22,175	$641K	0.2%	$28.91	—	LP	01881G106
AMAT	Applied Materials	15,903	$631K	0.2%	$44.29	-20.2%	COM	038222105
VFIAX	Vanguard 500 Index	2,315	$605K	0.2%	$250.88	—	MF	922908710
ABT	Abbott Laboratories	7,453	$596K	0.2%	$31.71	+108.4%	COM	002824100
—	Ingevity Corp	5,575	$589K	0.2%	$44.30	—	COM	45688c107
—	WP Carey Inc	6,610	$518K	0.2%	$67.24	—	COM	92936u109
—	Nordea Bank ADR	62,412	$476K	0.2%	$7.89	—	COM	65558r109
—	Unilever N V Ny Shs Newf N Y R	7,650	$446K	0.1%	$39.76	—	COM	904784709
GWW	Grainger Ww Inc.	1,454	$438K	0.1%	$194.80	+39.5%	COM	384802104
SBUX	Starbucks Corp	5,675	$422K	0.1%	$36.39	+62.8%	COM	855244109
—	Merck & Co Inc New	5,000	$416K	0.1%	$63.19	—	COM	58933y105
NKE	Nike Inc	4,800	$404K	0.1%	$46.12	+63.4%	COM	654106103
WAB	Westinghouse Air Brake Tech. C	5,402	$398K	0.1%	$54.63	+26.6%	COM	929740108
ITW	Illinois Tool Works Inc	2,749	$395K	0.1%	$49.85	+134.7%	COM	452308109
PFE	Pfizer Incorporated	9,210	$391K	0.1%	$22.15	+32.0%	COM	717081103
OKE	Oneok Inc	5,560	$388K	0.1%	$41.63	0.0%	COM	682680103
CVX	Chevron Corporation	3,145	$387K	0.1%	$72.28	+21.0%	COM	166764100
MAR	Marriott International Inc.	2,795	$350K	0.1%	$65.50	+70.3%	COM	571903202
SSREY	Swiss RE AG ADR	14,201	$346K	0.1%	$23.51	—	COM	870886108
O	Realty Income Corp	4,300	$316K	0.1%	$36.01	+32.0%	COM	756109104
SO	Southern Co.	5,300	$274K	0.1%	$32.85	+13.9%	COM	842587107
ILMN	Illumina Inc	833	$259K	0.1%	$229.19	+27.2%	COM	452327109
—	Orsted A/S Sedol# BYT16L4 DK	3,242	$246K	0.1%	$64.85	—	COM	k7653q105
GIS	General Mills Inc	4,710	$244K	0.1%	$35.78	0.0%	COM	370334104
—	Kellogg Company	3,950	$227K	0.1%	$50.13	-17.3%	COM	487836108
—	Aust&New Zealnd Bkg Ordf Sedol	11,950	$221K	0.1%	$17.24	—	COM	q09504137
CEYIX	Calvert Equity Class I	3,836	$218K	0.1%	$56.83	—	MF	131618795
—	National Australian Bank sedol	11,970	$215K	0.1%	$16.96	—	COM	q65336119
SYY	Sysco Corp Com	3,000	$200K	0.1%	$54.12	0.0%	COM	871829107