Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	Auto Data Processing	120,736	$19.49M	6.3%	$53.78	+167.7%	COM	053015103
—	VISA Inc.	103,445	$17.79M	5.7%	$79.35	—	COM	92826c839
—	Unilever Plc	263,782	$15.85M	5.1%	$40.71	—	COM	904767704
VZ	Verizon Communications	208,311	$12.57M	4.0%	$33.46	+20.9%	COM	92343V104
UPS	United Parcel Svc Cl B	100,241	$12.01M	3.9%	$62.72	+41.8%	COM	911312106
—	Mercadolibre Inc.	20,507	$11.3M	3.6%	$121.98	—	COM	58733r102
—	Alphabet Inc Cl C	9,171	$11.18M	3.6%	$758.22	—	COM	02079k107
COST	Costco Whsl Corp New	38,430	$11.07M	3.6%	$135.19	+89.6%	COM	22160K105
TJX	Tjx Cos Inc New	194,578	$10.85M	3.5%	$36.24	+38.2%	COM	872540109
ADI	Analog Devices Inc Com	94,563	$10.57M	3.4%	$46.02	+119.1%	COM	032654105
DHR	Danaher Corp Del	67,015	$9.679M	3.1%	$72.23	+68.5%	COM	235851102
—	AT&T Inc	249,498	$9.441M	3.0%	$34.33	—	COM	00206r102
—	Alphabet Inc Cl A	7,400	$9.036M	2.9%	$741.63	—	COM	02079k305
EBAY	Ebay Inc Com	216,621	$8.444M	2.7%	$25.22	+42.8%	COM	278642103
—	Linde PLC	42,506	$8.234M	2.7%	$156.61	—	COM	g5494j103
ECL	Ecolab Inc	38,268	$7.579M	2.4%	$115.70	+61.8%	COM	278865100
—	Booking Holdings	3,629	$7.122M	2.3%	$2075.14	—	COM	09857l108
AAPL	Apple Inc	29,402	$6.585M	2.1%	$33.34	+50.6%	COM	037833100
—	Keyence Corp 6861 JP Sedol 64	10,443	$6.464M	2.1%	$484.11	—	COM	j32491102
EMR	Emerson Elec Co	91,663	$6.129M	2.0%	$46.74	+16.3%	COM	291011104
—	Swiss RE AG Sedol# B545MG5 CH	53,646	$5.6M	1.8%	$86.31	—	COM	h8431b109
—	AbbVie Inc.	69,391	$5.254M	1.7%	$56.52	—	COM	00287y109
—	HDFC Bank Limited ADR	85,918	$4.902M	1.6%	$78.84	—	COM	40415f101
PNC	Pnc Financial Service Group	34,603	$4.85M	1.6%	$108.16	-0.5%	COM	693475105
CL	Colgate Palmolive	63,563	$4.673M	1.5%	$54.24	+15.3%	COM	194162103
AMZN	Amazon Com Inc	2,407	$4.178M	1.3%	$40.10	+131.3%	COM	023135106
—	Chubb Ltd	25,750	$4.157M	1.3%	$134.62	—	COM	h1467j104
—	Novartis Adr	44,447	$3.862M	1.2%	$91.14	—	COM	66987v109
—	Hcp Inc. Reit	108,342	$3.86M	1.2%	$27.68	—	COM	40414L109
—	Cyrusone Inc.	45,439	$3.594M	1.2%	$55.63	—	COM	23283r100
KR	Kroger Co	131,914	$3.401M	1.1%	$20.29	0.0%	COM	501044101
EXPD	Expeditors Intl Wash Inc.	44,893	$3.335M	1.1%	$42.58	+59.3%	COM	302130109
TCTZF	Tencent Holdings Sedol# BMMV2K	68,195	$2.872M	0.9%	$34.40	+27.7%	COM	G87572163
AXAHY	AXA common ADR	111,702	$2.834M	0.9%	$25.46	—	COM	054536107
—	Novozymes A/S B Shs sedol# B79	61,123	$2.57M	0.8%	$35.49	—	COM	k7317j133
—	Vestas Wind Sys New Ordf Sedol	31,815	$2.47M	0.8%	$82.13	—	COM	k9773j128
KUBTF	Kubota Corp Sedol 6497509 JP	136,590	$2.066M	0.7%	$15.23	+0.8%	COM	J36662138
FMX	Fomento Economico Mexicano Sa	21,263	$1.947M	0.6%	$93.27	—	COM	344419106
TCEHY	Tencent Holdings	42,939	$1.788M	0.6%	$39.45	—	COM	88032Q109
EPD	Enterprise Prdts Prtn Lpl P	56,773	$1.623M	0.5%	$28.87	—	LP	293792107
—	PayPal Holdings, Inc.	15,606	$1.617M	0.5%	$41.57	—	COM	70450y103
—	Croda International Sedol new	25,759	$1.543M	0.5%	$65.17	—	COM	g25536155
NVZMY	Novozymes A/S B Shs ADR	35,667	$1.5M	0.5%	$40.58	—	COM	670108109
DLR	Digital Realty Trust	10,069	$1.307M	0.4%	$74.20	+31.4%	COM	253868103
HD	Home Depot Inc	5,440	$1.262M	0.4%	$93.95	+99.1%	COM	437076102
—	Oracle Corp	21,910	$1.206M	0.4%	$35.44	—	COM	68389x105
MSFT	Microsoft Corp	7,888	$1.097M	0.4%	$55.74	+133.1%	COM	594918104
—	Novo-Nordisk A/S Sedol# 707752	21,125	$1.086M	0.3%	$64.77	—	COM	k72807132
PG	Procter & Gamble Co	8,138	$1.012M	0.3%	$58.80	+71.8%	COM	742718109
—	Glaxo Smith Kline Plc	22,701	$969K	0.3%	$41.23	—	COM	37733W105
PEP	Pepsico Incorporated	6,430	$882K	0.3%	$65.63	+66.6%	COM	713448108
—	Nordea Bank AB sedol BYZF9J9 S	116,166	$825K	0.3%	$8.00	—	COM	x5s8vl105
AMAT	Applied Materials	15,457	$771K	0.2%	$44.29	+2.4%	COM	038222105
IBM	Int'l Business Machines Corp	4,781	$695K	0.2%	$115.77	-11.5%	COM	459200101
MCD	Mc Donalds Corp	3,048	$654K	0.2%	$71.80	+157.3%	COM	580135101
AB	Alliance Bernstein Hldg Unit L	21,675	$636K	0.2%	$28.91	—	LP	01881G106
ABT	Abbott Laboratories	7,453	$624K	0.2%	$31.71	+139.9%	COM	002824100
JNJ	Johnson And Johnson Com	4,778	$618K	0.2%	$68.21	+61.3%	COM	478160104
—	3m Company Com	3,434	$565K	0.2%	$133.43	—	COM	88579y101
—	Alcon Inc.	9,018	$526K	0.2%	$61.82	—	COM	h01301128
SBUX	Starbucks Corp	5,285	$467K	0.2%	$36.39	+121.6%	COM	855244109
—	Unilever N V Ny Shs Newf N Y R	7,728	$464K	0.1%	$40.36	—	COM	904784709
AOS	AO Smith Corp	9,582	$457K	0.1%	$53.09	-22.5%	COM	831865209
NKE	Nike Inc	4,800	$451K	0.1%	$46.12	+70.8%	COM	654106103
—	Citrix Systems Inc.	4,630	$447K	0.1%	$63.04	—	COM	177376100
GWW	Grainger Ww Inc.	1,454	$432K	0.1%	$194.80	+31.8%	COM	384802104
ITW	Illinois Tool Works Inc	2,749	$430K	0.1%	$49.85	+161.2%	COM	452308109
—	Merck & Co Inc New	5,000	$421K	0.1%	$63.19	—	COM	58933y105
OKE	Oneok Inc	5,560	$410K	0.1%	$41.63	+11.9%	COM	682680103
SSREY	Swiss RE AG ADR	15,208	$397K	0.1%	$23.65	—	COM	870886108
WAB	Westinghouse Air Brake Tech. C	4,730	$340K	0.1%	$54.63	+25.3%	COM	929740108
SO	Southern Co.	5,300	$327K	0.1%	$32.85	+37.8%	COM	842587107
O	Realty Income Corp	4,230	$324K	0.1%	$36.01	+42.4%	COM	756109104
PFE	Pfizer Incorporated	8,810	$317K	0.1%	$22.15	+22.0%	COM	717081103
CVX	Chevron Corporation	2,556	$303K	0.1%	$72.28	+26.6%	COM	166764100
—	Orsted A/S Sedol# BYT16L4 DK	3,242	$301K	0.1%	$64.85	—	COM	k7653q105
—	WP Carey Inc	3,365	$301K	0.1%	$67.24	—	COM	92936u109
—	Cedar Fair Lp	5,140	$300K	0.1%	$47.61	—	COM	150185106
—	Exxon Mobil Corp Com	4,240	$299K	0.1%	$89.33	—	COM	30231g102
INTC	Intel Corp	5,198	$268K	0.1%	$19.54	+120.2%	COM	458140100
VFIAX	Vanguard 500 Index	966	$265K	0.1%	$250.88	—	MF	922908710
GIS	General Mills Inc	4,710	$260K	0.1%	$35.78	+21.3%	COM	370334104
—	Kellogg Company	3,950	$254K	0.1%	$50.13	-9.5%	COM	487836108
—	Symantec Corp	10,500	$248K	0.1%	$23.62	—	COM	871503108
—	National Australian Bank sedol	11,970	$240K	0.1%	$16.96	—	COM	q65336119
CEYIX	Calvert Equity Class I	3,808	$239K	0.1%	$57.05	—	MF	131618795
SYY	Sysco Corp Com	3,000	$238K	0.1%	$54.12	+14.1%	COM	871829107
—	Aust&New Zealnd Bkg Ordf Sedol	11,950	$230K	0.1%	$17.24	—	COM	q09504137
SYK	Stryker Corp	970	$210K	0.1%	$177.80	+12.6%	COM	863667101
—	Medtronic Inc	1,858	$202K	0.1%	$108.72	—	COM	585055106