Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	Auto Data Processing	121,114	$20.65M	6.3%	$53.78	+169.8%	COM	053015103
—	VISA Inc.	102,234	$19.21M	5.9%	$79.35	—	COM	92826c839
—	Unilever Plc	265,771	$15.19M	4.7%	$40.71	—	COM	904767704
VZ	Verizon Communications	213,882	$13.13M	4.0%	$33.70	+27.0%	COM	92343V104
—	Alphabet Inc Cl C	9,181	$12.28M	3.8%	$758.22	—	COM	02079k107
UPS	United Parcel Svc Cl B	100,000	$11.71M	3.6%	$62.72	+48.0%	COM	911312106
TJX	Tjx Cos Inc New	190,730	$11.65M	3.6%	$36.24	+50.7%	COM	872540109
—	Mercadolibre Inc.	20,346	$11.64M	3.6%	$121.98	—	COM	58733r102
ADI	Analog Devices Inc Com	96,122	$11.42M	3.5%	$46.91	+115.0%	COM	032654105
—	AT&T Inc	282,630	$11.04M	3.4%	$34.89	—	COM	00206r102
COST	Costco Whsl Corp New	37,251	$10.95M	3.4%	$135.19	+100.8%	COM	22160K105
DHR	Danaher Corp Del	68,376	$10.49M	3.2%	$73.24	+67.9%	COM	235851102
—	Alphabet Inc Cl A	7,488	$10.03M	3.1%	$748.66	—	COM	02079k305
—	Linde PLC	43,056	$9.167M	2.8%	$157.33	—	COM	g5494j103
AAPL	Apple Inc	30,290	$8.895M	2.7%	$34.18	+81.4%	COM	037833100
EBAY	Ebay Inc Com	217,801	$7.865M	2.4%	$25.22	+29.4%	COM	278642103
—	Booking Holdings	3,812	$7.829M	2.4%	$2074.11	—	COM	09857l108
ECL	Ecolab Inc	38,914	$7.51M	2.3%	$116.72	+52.2%	COM	278865100
EMR	Emerson Elec Co	89,831	$6.851M	2.1%	$46.74	+34.4%	COM	291011104
—	AbbVie Inc.	69,745	$6.175M	1.9%	$56.52	—	COM	00287y109
PNC	Pnc Financial Service Group	35,377	$5.647M	1.7%	$108.42	+10.8%	COM	693475105
—	HDFC Bank Limited ADR	88,807	$5.628M	1.7%	$78.34	—	COM	40415f101
—	Keyence Corp 6861 JP Sedol 64	15,372	$5.513M	1.7%	$443.88	—	COM	j32491102
—	Swiss RE AG Sedol# B545MG5 CH	47,586	$5.327M	1.6%	$86.31	—	COM	h8431b109
AMZN	Amazon Com Inc	2,725	$5.035M	1.5%	$45.75	+93.5%	COM	023135106
—	Novartis Adr	49,020	$4.642M	1.4%	$91.47	—	COM	66987v109
CL	Colgate Palmolive	62,314	$4.29M	1.3%	$54.24	+9.0%	COM	194162103
—	Chubb Ltd	27,007	$4.204M	1.3%	$135.60	—	COM	h1467j104
KR	Kroger Co	134,734	$3.906M	1.2%	$20.35	+14.3%	COM	501044101
DOC	Healthpeak Properties Inc (HCP	111,428	$3.841M	1.2%	$25.47	0.0%	COM	42250P103
EXPD	Expeditors Intl Wash Inc.	47,799	$3.729M	1.1%	$44.22	+57.3%	COM	302130109
TCTZF	Tencent Holdings Sedol# BMMV2K	66,387	$3.2M	1.0%	$34.40	+25.0%	COM	G87572163
AXAHY	AXA common ADR	111,505	$3.138M	1.0%	$25.46	—	COM	054536107
—	Vestas Wind Sys New Ordf Sedol	31,122	$3.135M	1.0%	$82.13	—	COM	k9773j128
—	Cyrusone Inc.	45,949	$3.006M	0.9%	$55.74	—	COM	23283r100
—	Novozymes A/S B Shs sedol# B79	59,949	$2.912M	0.9%	$35.49	—	COM	k7317j133
TCEHY	Tencent Holdings	43,809	$2.103M	0.6%	$39.62	—	COM	88032Q109
FMX	Fomento Economico Mexicano Sa	21,238	$2.007M	0.6%	$93.27	—	COM	344419106
KUBTF	Kubota Corp Sedol 6497509 JP	122,320	$1.886M	0.6%	$15.23	+2.1%	COM	J36662138
NVZMY	Novozymes A/S B Shs ADR	35,662	$1.741M	0.5%	$40.58	—	COM	670108109
—	PayPal Holdings, Inc.	15,861	$1.716M	0.5%	$42.65	—	COM	70450y103
—	Croda International Sedol new	25,228	$1.711M	0.5%	$65.17	—	COM	g25536155
MSFT	Microsoft Corp	9,360	$1.476M	0.5%	$68.87	+102.1%	COM	594918104
DLR	Digital Realty Trust	11,227	$1.344M	0.4%	$76.80	+29.5%	COM	253868103
—	Novo-Nordisk A/S Sedol# 707752	20,825	$1.205M	0.4%	$64.77	—	COM	k72807132
HD	Home Depot Inc	5,255	$1.148M	0.4%	$93.95	+107.6%	COM	437076102
PG	Procter & Gamble Co	7,957	$994K	0.3%	$58.80	+79.0%	COM	742718109
—	Glaxo Smith Kline Plc	20,796	$977K	0.3%	$41.23	—	COM	37733W105
AMAT	Applied Materials	15,457	$943K	0.3%	$44.29	+19.7%	COM	038222105
—	Nordea Bank AB sedol BYZF9J9 S	115,066	$934K	0.3%	$8.00	—	COM	x5s8vl105
EPD	Enterprise Prdts Prtn Lpl P	27,886	$785K	0.2%	$28.87	—	LP	293792107
JNJ	Johnson And Johnson Com	4,678	$682K	0.2%	$68.21	+67.3%	COM	478160104
ABT	Abbott Laboratories	7,453	$647K	0.2%	$31.71	+137.4%	COM	002824100
—	3m Company Com	3,419	$603K	0.2%	$133.43	—	COM	88579y101
MCD	Mc Donalds Corp	3,048	$602K	0.2%	$71.80	+139.5%	COM	580135101
IBM	Int'l Business Machines Corp	4,480	$600K	0.2%	$115.77	-13.7%	COM	459200101
PEP	Pepsico Incorporated	4,380	$599K	0.2%	$65.63	+71.8%	COM	713448108
PFE	Pfizer Incorporated	12,951	$507K	0.2%	$23.61	+13.1%	COM	717081103
GWW	Grainger Ww Inc.	1,454	$492K	0.2%	$194.80	+51.1%	COM	384802104
NKE	Nike Inc	4,800	$486K	0.1%	$46.12	+88.2%	COM	654106103
—	Oracle Corp	9,088	$481K	0.1%	$35.44	—	COM	68389x105
—	Merck & Co Inc New	5,041	$458K	0.1%	$63.19	—	COM	58933y105
AOS	AO Smith Corp	9,582	$456K	0.1%	$53.09	-18.4%	COM	831865209
AB	Alliance Bernstein Hldg Unit L	15,025	$455K	0.1%	$28.91	—	LP	01881G106
—	Unilever N V Ny Shs Newf N Y R	7,894	$454K	0.1%	$40.72	—	COM	904784709
—	Alcon Inc.	7,685	$435K	0.1%	$61.82	—	COM	h01301128
SSREY	Swiss RE AG ADR	15,001	$422K	0.1%	$23.65	—	COM	870886108
SBUX	Starbucks Corp	4,695	$413K	0.1%	$36.39	+104.7%	COM	855244109
GILD	Gilead Sciences Inc.	5,485	$356K	0.1%	$51.27	0.0%	COM	375558103
—	Orsted A/S Sedol# BYT16L4 DK	3,242	$334K	0.1%	$64.85	—	COM	k7653q105
ITW	Illinois Tool Works Inc	1,769	$318K	0.1%	$49.85	+193.5%	COM	452308109
O	Realty Income Corp	4,230	$311K	0.1%	$36.01	+52.6%	COM	756109104
CVX	Chevron Corporation	2,516	$303K	0.1%	$72.28	+24.1%	COM	166764100
—	Exxon Mobil Corp Com	4,240	$296K	0.1%	$89.33	—	COM	30231g102
—	Cedar Fair Lp	5,140	$285K	0.1%	$47.61	—	COM	150185106
—	Kellogg Company	3,950	$273K	0.1%	$50.13	-3.2%	COM	487836108
—	WP Carey Inc	3,365	$269K	0.1%	$67.24	—	COM	92936u109
GEN	Norton Lifelock Inc.	10,500	$268K	0.1%	$12.38	0.0%	COM	668771108
SYY	Sysco Corp Com	3,000	$257K	0.1%	$54.12	+26.6%	COM	871829107
GIS	General Mills Inc	4,710	$252K	0.1%	$35.78	+19.6%	COM	370334104
CEYIX	Calvert Equity Class I	3,665	$236K	0.1%	$57.05	—	MF	131618795
—	Citrix Systems Inc.	2,104	$233K	0.1%	$63.04	—	COM	177376100
TELFY	Telefonica Sa Spain Adr	33,210	$231K	0.1%	$6.96	—	COM	879382208
VFIAX	Vanguard 500 Index	766	$228K	0.1%	$250.88	—	MF	922908710
MAR	Marriott International Inc.	1,420	$215K	0.1%	$128.46	0.0%	COM	571903202
—	Medtronic Inc	1,858	$211K	0.1%	$108.72	—	COM	585055106
—	Aust&New Zealnd Bkg Ordf Sedol	11,950	$207K	0.1%	$17.24	—	COM	q09504137
—	National Australian Bank sedol	11,970	$207K	0.1%	$16.96	—	COM	q65336119
SYK	Stryker Corp	953	$200K	0.1%	$177.80	+9.2%	COM	863667101