Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	II-VI INC	764,593	$22.67M	8.9%	$16.18	—	COM	902104108
PG	PROCTER & GAMBLE CO	98,934	$8.318M	3.3%	$56.59	+18.0%	COM	742718109
JNJ	JOHNSON & JOHNSON	67,351	$7.76M	3.0%	$61.02	+47.0%	COM	478160104
XOM	EXXON MOBIL CORP	76,564	$6.911M	2.7%	$53.89	+7.9%	COM	30231G102
ABBV	ABBVIE INC	110,307	$6.907M	2.7%	$27.38	+52.6%	COM	00287Y109
VZ	VERIZON COMMUNICATIONS INC	125,696	$6.71M	2.6%	$27.10	+14.3%	COM	92343V104
LLY	ELI LILLY & CO	88,807	$6.532M	2.6%	$44.25	+45.1%	COM	532457108
CVX	CHEVRON CORP	45,066	$5.304M	2.1%	$69.43	+6.3%	COM	166764100
EMR	EMERSON ELECTRIC CO	90,266	$5.032M	2.0%	$40.21	+6.6%	COM	291011104
—	GENERAL ELECTRIC CO	151,037	$4.773M	1.9%	$23.93	—	COM	369604103
MKC	MCCORMICK & COMPANY INC	49,871	$4.654M	1.8%	$28.19	+39.1%	COM NON VTG	579780206
—	WALGREENS BOOTS ALLIANCE INC	55,551	$4.597M	1.8%	$76.76	—	COM	931427108
CMI	CUMMINS INC	33,566	$4.587M	1.8%	$75.77	+39.0%	COM	231021106
ABT	ABBOTT LABORATORIES	118,718	$4.56M	1.8%	$29.93	+12.4%	COM	002824100
UNP	UNION PACIFIC CORP	42,340	$4.39M	1.7%	$65.55	+22.5%	COM	907818108
—	DOW CHEMICAL CO	71,050	$4.065M	1.6%	$33.02	—	COM	260543103
BMI	BADGER METER INC	107,918	$3.988M	1.6%	$26.09	+23.1%	COM	056525108
—	KELLOGG CO	50,909	$3.753M	1.5%	$39.20	+27.7%	COM	487836108
NFG	NATIONAL FUEL GAS CO	60,883	$3.448M	1.4%	$59.99	-8.8%	COM	636180101
CLX	CLOROX CO	27,700	$3.325M	1.3%	$62.37	+45.6%	COM	189054109
CL	COLGATE-PALMOLIVE CO	50,485	$3.304M	1.3%	$44.64	+24.0%	COM	194162103
AXP	AMERICAN EXPRESS COMPANY	43,300	$3.208M	1.3%	$57.99	+5.2%	COM	025816109
KO	COCA-COLA CO	77,147	$3.199M	1.3%	$28.77	+8.5%	COM	191216100
EW	EDWARDS LIFESCIENCES CORP	33,950	$3.181M	1.2%	$18.81	+72.3%	COM	28176E108
—	DR PEPPER SNAPPLE GROUP INC	34,878	$3.162M	1.2%	$47.62	—	COM	26138E109
DEO	DIAGEO PLC	29,189	$3.034M	1.2%	$114.60	—	SPONS ADR NEW	25243Q205
MSA	MSA SAFETY INC	42,785	$2.966M	1.2%	$47.83	+29.3%	COM	553498106
MSFT	MICROSOFT CORP	46,138	$2.867M	1.1%	$30.47	+77.0%	COM	594918104
—	ROCKWELL COLLINS INC	28,926	$2.683M	1.1%	$85.38	—	COM	774341101
MMM	3M CO	14,647	$2.615M	1.0%	$62.59	+69.7%	COM	88579Y101
GPC	GENUINE PARTS CO	27,333	$2.611M	1.0%	$55.28	+32.2%	COM	372460105
—	SEAGATE TECHNOLOGY PLC	68,372	$2.61M	1.0%	$24.36	—	SHS	G7945M107
WVFC	WVS FINANCIAL CORP	175,551	$2.585M	1.0%	$8.24	+24.7%	COM	929358109
PPG	PPG INDUSTRIES INC	25,420	$2.409M	0.9%	$76.94	+4.8%	COM	693506107
DIS	DISNEY WALT CO	22,639	$2.359M	0.9%	$57.70	+57.2%	COM DISNEY	254687106
CPB	CAMPBELL SOUP CO	35,940	$2.173M	0.9%	$29.87	+39.6%	COM	134429109
T	AT&T INC	50,665	$2.155M	0.8%	$11.48	+34.6%	COM	00206R102
GLW	CORNING INC	88,480	$2.147M	0.8%	$11.95	+56.0%	COM	219350105
FHI	FEDERATED INVESTORS INC	75,740	$2.142M	0.8%	$17.06	+7.6%	CL B	314211103
IBM	INTERNATIONAL BUSINESS MACHINE	12,631	$2.097M	0.8%	$108.16	-4.7%	COM	459200101
PAYX	PAYCHEX INC	32,540	$1.981M	0.8%	$25.88	+69.7%	COM	704326107
FFIV	F5 NETWORKS	11,836	$1.713M	0.7%	$78.41	+72.8%	COM	315616102
—	CUBIC CORP	35,200	$1.688M	0.7%	$41.94	—	COM	229669106
KMB	KIMBERLY CLARK CORP	14,745	$1.683M	0.7%	$69.83	+21.1%	COM	494368103
GIS	GENERAL MILLS INC	26,698	$1.649M	0.6%	$39.45	+13.7%	COM	370334104
—	THOMSON REUTERS CORP	36,641	$1.604M	0.6%	$32.69	—	COM	884903105
SLB	SCHLUMBERGER LTD	18,995	$1.595M	0.6%	$52.97	+19.0%	COM	806857108
—	UNILEVER PLC	36,819	$1.499M	0.6%	$42.05	—	SPONS ADR	904767704
—	HALYARD HEALTH INC	40,479	$1.497M	0.6%	$43.95	—	COM	40650V100
—	COACH INC	42,075	$1.473M	0.6%	$43.20	—	COM	189754104
PFE	PFIZER INC	43,417	$1.41M	0.6%	$17.21	+19.1%	COM	717081103
ALCO	ALICO INC	51,400	$1.396M	0.5%	$33.41	-30.1%	COM	016230104
MET	METLIFE INC	25,225	$1.359M	0.5%	$27.79	+21.3%	COM	59156R108
PEP	PEPSICO INC	12,012	$1.257M	0.5%	$60.74	+30.7%	COM	713448108
IP	INTERNATIONAL PAPER CO	23,137	$1.228M	0.5%	$25.09	+24.5%	COM	460146103
COP	CONOCOPHILLIPS	24,376	$1.222M	0.5%	$42.32	-17.8%	COM	20825C104
WSM	WILLIAMS SONOMA INC	24,950	$1.207M	0.5%	$21.37	-3.9%	COM	969904101
INTC	INTEL CORP	33,070	$1.199M	0.5%	$20.41	+42.8%	COM	458140100
MRK	MERCK & COMPANY INC	20,144	$1.186M	0.5%	$35.15	+25.4%	COM	58933Y105
BAX	BAXTER INTERNATIONAL INC	26,736	$1.185M	0.5%	$32.12	+23.7%	COM	071813109
—	WHOLE FOODS MARKET INC	36,681	$1.128M	0.4%	$37.45	—	COM	966837106
MDLZ	MONDELEZ INTERNATIONAL INC	24,221	$1.074M	0.4%	$23.16	+50.0%	COM	609207105
—	AQUA AMERICA INC	33,375	$1.003M	0.4%	$29.57	—	COM	03836W103
MPC	MARATHON PETROLEUM CORP	19,216	$968K	0.4%	$31.84	+7.5%	COM	56585A102
HOG	HARLEY DAVIDSON INC	16,250	$948K	0.4%	$48.94	+16.5%	COM	412822108
BGS	B&G FOODS INC	21,250	$931K	0.4%	$12.48	+67.5%	COM	05508R106
—	NORDSTROM INC	18,700	$896K	0.4%	$38.04	—	COM	655664100
HSY	HERSHEY CO	8,625	$892K	0.3%	$67.14	+18.4%	COM	427866108
—	UNITED TECHNOLOGIES CORP	7,976	$874K	0.3%	$93.38	—	COM	913017109
AME	AMETEK INC	17,794	$865K	0.3%	$38.40	+16.1%	COM	031100100
LOCO	EL POLLO LOCO HOLDINGS INC	69,625	$856K	0.3%	$15.47	-20.1%	COM	268603107
PLOW	DOUGLAS DYNAMICS	25,250	$850K	0.3%	$21.57	+47.3%	COM	25960R105
—	ROYAL DUTCH SHELL PLC	14,750	$802K	0.3%	$63.79	—	SPONS ADR A	780259206
SO	SOUTHERN CO	16,286	$801K	0.3%	$27.48	+22.1%	COM	842587107
HON	HONEYWELL INTL INC	6,650	$770K	0.3%	$54.21	+55.3%	COM	438516106
—	CHESAPEAKE LODGING TRUST	29,786	$770K	0.3%	$21.97	—	SH BEN INT	165240102
TFX	TELEFLEX INC	4,701	$758K	0.3%	$74.49	+98.2%	COM	879369106
—	CONNECTICUT WATER SERVICES INC	13,261	$741K	0.3%	$31.92	—	COM	207797101
ORI	OLD REPUBLIC INTL CORP	38,260	$727K	0.3%	$8.40	+6.2%	COM	680223104
—	ARIAD PHARMACEUTICALS INC	57,680	$718K	0.3%	$14.84	—	COM	04033A100
AGCO	AGCO CORP	12,200	$706K	0.3%	$41.61	+5.0%	COM	001084102
LMT	LOCKHEED MARTIN CORP	2,758	$689K	0.3%	$76.02	+157.7%	COM	539830109
CKX	CKX LANDS INC	60,195	$665K	0.3%	$13.67	-21.9%	COM	12562N104
VLO	VALERO ENERGY CORP	9,575	$654K	0.3%	$27.58	+55.1%	COM	91913Y100
AAPL	APPLE INC	5,494	$636K	0.2%	$18.76	+39.0%	COM	037833100
ALEX	ALEXANDER & BALDWIN HOLDINGS	13,850	$621K	0.2%	$39.73	—	COM	014491104
CHRW	C H ROBINSON WORLDWIDE INC	8,335	$611K	0.2%	$43.17	+35.0%	COM NEW	12541W209
GILD	GILEAD SCIENCES INC	8,275	$593K	0.2%	$59.98	-11.3%	COM	375558103
PBI	PITNEY BOWES INC	38,250	$581K	0.2%	$16.93	-6.0%	COM	724479100
NSRGY	NESTLE SA	8,050	$579K	0.2%	$75.70	—	SPON ADR	641069406
PPL	PPL CORP	16,801	$572K	0.2%	$18.03	+23.6%	COM	69351T106
JPM	JPMORGAN CHASE & CO	6,473	$559K	0.2%	$41.09	+45.7%	COM	46625H100
OKE	ONEOK INC NEW	9,681	$556K	0.2%	$22.92	+31.1%	COM	682680103
SMIT	SCHMITT INDUSTRIES INC	341,250	$556K	0.2%	$2.66	-37.3%	COM NEW	806870200
D	DOMINION RESOURCES INC	7,237	$554K	0.2%	$45.78	+8.0%	COM	25746U109
TGT	TARGET CORP	7,535	$544K	0.2%	$53.17	+4.1%	COM	87612E106
—	MEAD JOHNSON NUTRITION CO	7,500	$531K	0.2%	$72.28	—	COM	582839106
APD	AIR PRODUCTS & CHEMICALS INC	3,564	$513K	0.2%	$61.55	+81.4%	COM	009158106
MEOH	METHANEX CORPORATION	11,550	$506K	0.2%	$29.73	+34.3%	COM	59151K108
SJM	SMUCKER JM CO	3,856	$494K	0.2%	$70.84	+37.8%	COM NEW	832696405
QCOM	QUALCOMM INC	7,523	$490K	0.2%	$49.48	+5.6%	COM	747525103
ROK	ROCKWELL AUTOMATION INC	3,594	$483K	0.2%	$71.66	+50.4%	COM	773903109
PSX	PHILLIPS 66 CO	5,560	$480K	0.2%	$44.47	+31.9%	COM	718546104
PCAR	PACCAR	7,400	$473K	0.2%	$28.64	-0.7%	COM	693718108
1741046D	STERIS PLC	6,930	$467K	0.2%	$75.37	—	SHS USD	G84720104
ADM	ARCHER DANIELS MIDLAND CO	10,215	$466K	0.2%	$25.26	+33.7%	COM	039483102
—	DU PONT E.I. DE NEMOURS & CO	6,350	$466K	0.2%	$53.14	—	COM	263534109
CNP	CENTERPOINT ENERGY INC	18,812	$464K	0.2%	$17.31	+1.3%	COM	15189T107
BA	BOEING CO	2,822	$439K	0.2%	$119.11	+13.3%	COM	097023105
PNC	PNC FINANCIAL SERVICES GROUP I	3,673	$430K	0.2%	$49.50	+55.8%	COM	693475105
OLN	OLIN CORP	16,800	$430K	0.2%	$14.74	+24.9%	COM	680665205
WFC	WELLS FARGO & CO	7,708	$425K	0.2%	$37.03	+5.4%	COM	949746101
MATX	MATSON INC	11,985	$424K	0.2%	$19.38	+68.1%	COM	57686G105
WY	WEYERHAEUSER CO	13,697	$412K	0.2%	$21.16	+2.5%	COM	962166104
BK	BANK OF NEW YORK MELLON CORP	8,478	$402K	0.2%	$23.25	+52.7%	COM	064058100
ETN	EATON CORP PLC	5,819	$390K	0.2%	$45.91	+18.0%	SHS	G29183103
GD	GENERAL DYNAMICS CORP	2,237	$386K	0.2%	$75.37	+77.9%	COM	369550108
NWL	NEWELL RUBBERMAID INC	8,609	$384K	0.2%	$16.79	+94.8%	COM	651229106
MBGAF	DAIMLER AG	5,058	$375K	0.1%	$39.99	+5.2%	COM	D1668R123
ITW	ILLINOIS TOOL WORKS INC	3,000	$367K	0.1%	$49.85	+94.9%	COM	452308109
—	MARATHON OIL CORP	21,180	$367K	0.1%	$34.58	—	COM	565849106
MOS	MOSAIC CO	12,390	$363K	0.1%	$29.31	-21.9%	COM	61945C103
IRM	IRON MOUNTAIN INC	10,907	$354K	0.1%	$19.85	0.0%	COM	46284V101
AMGN	AMGEN INC	2,355	$344K	0.1%	$116.53	-1.9%	COM	031162100
—	EXPRESS SCRIPTS HOLDING CO	4,917	$338K	0.1%	$81.90	—	COM	30219G108
—	HOSPITALITY PROPERTIES TRUST	10,616	$337K	0.1%	$31.87	—	COM SH BEN INT	44106M102
UNFI	UNITED NATURAL FOODS	7,050	$336K	0.1%	$43.31	+3.7%	COM	911163103
UPS	UNITED PARCEL SERVICE INC	2,879	$330K	0.1%	$67.69	+18.6%	COM	911312106
NSC	NORFOLK SOUTHERN CORP	3,000	$324K	0.1%	$57.51	+46.0%	COM	655844108
—	ANADARKO PETROLEUM CORP	4,587	$320K	0.1%	$85.99	—	COM	032511107
PM	PHILIP MORRIS INTERNATIONAL IN	3,442	$315K	0.1%	$49.00	+18.9%	COM	718172109
FCX	FREEPORT MCMORAN COP & GLD	23,739	$313K	0.1%	$29.19	-60.2%	COM	35671D857
—	ALLETE INC	4,696	$301K	0.1%	$48.72	—	COM	018522300
RY	ROYAL BANK OF CAN	4,386	$297K	0.1%	$52.55	+23.3%	COM	780087102
BCE	BCE INC	6,508	$281K	0.1%	$23.43	+8.6%	COM	05534B760
FDX	FEDEX CORP	1,500	$279K	0.1%	$118.51	+33.6%	COM	31428X106
—	WESTERN REFINING INC	7,250	$274K	0.1%	$21.29	—	COM	959319104
—	BB&T CORP	5,750	$270K	0.1%	$33.75	—	COM	054937107
MCO	MOODYS CORP	2,750	$259K	0.1%	$83.21	+11.4%	COM	615369105
NVRI	HARSCO CORP	18,877	$257K	0.1%	$22.22	-46.0%	COM	415864107
PII	POLARIS INDUSTRIES INC	3,100	$255K	0.1%	$86.86	-6.1%	COM	731068102
CM	CANADIAN IMPERIAL BANK	3,097	$253K	0.1%	$20.87	+21.8%	COM	136069101
—	MAGELLAN MIDSTREAM PARTNERS	3,350	$253K	0.1%	$75.20	—	COM UNIT RP LP	559080106
WSBC	WESBANCO INC	5,861	$252K	0.1%	$37.36	0.0%	COM	950810101
SYY	SYSCO CORP	4,463	$247K	0.1%	$33.51	+22.2%	COM	871829107
EQT	EQT CORP	3,758	$246K	0.1%	$37.67	-9.2%	COM	26884L109
NEM	NEWMONT MINING CORP	7,200	$245K	0.1%	$23.64	+13.7%	COM	651639106
—	DUN & BRADSTREET CORP	2,000	$243K	0.1%	$104.00	—	COM	26483E100
OXY	OCCIDENTAL PETROLEUM CORP	3,361	$239K	0.1%	$57.83	-4.9%	COM	674599105
NEE	NEXTERA ENERGY INC	2,000	$239K	0.1%	$14.85	+59.7%	COM	65339F101
—	UNIVERSAL STAINLESS & ALLOY	17,500	$236K	0.1%	$9.28	—	COM	913837100
BRK/B	BERKSHIRE HATHAWAY INC	1,450	$236K	0.1%	$132.58	+16.1%	CL B NEW	084670702
FLR	FLUOR CORP	4,400	$231K	0.1%	$53.56	-10.3%	COM	343412102
—	LIBERTY PROPERTY TRUST	5,857	$231K	0.1%	$36.95	—	SH BEN INT	531172104
DUK	DUKE ENERGY CORP	2,907	$226K	0.1%	$50.48	+4.3%	COM	26441C204
DRI	DARDEN RESTAURANTS INC	3,100	$225K	0.1%	$53.91	0.0%	COM	237194105
ETR	ENTERGY CORP	3,045	$224K	0.1%	$26.43	-4.5%	COM	29364G103
MRSH	MARSH & MCLENNAN COMPANIES INC	3,250	$220K	0.1%	$54.66	+5.5%	COM	571748102
DE	DEERE & CO	2,075	$214K	0.1%	$81.42	0.0%	COM	244199105
BP	BP PLC	5,667	$212K	0.1%	$41.73	—	SPONS ADR	055622104
—	TRIUMPH GROUP INC	7,995	$212K	0.1%	$74.46	—	COM	896818101
WPC	W.P. CAREY INC	3,479	$206K	0.1%	$60.79	—	COM	92936U109
MO	ALTRIA GROUP INC	3,035	$205K	0.1%	$33.98	0.0%	COM	02209S103
SOME	SOMERSET TR HLDG CO	4,507	$205K	0.1%	$30.32	0.0%	COM	835126103
BMO	BANK MONTREAL QUEBEC	2,804	$202K	0.1%	$46.20	0.0%	COM	063671101
BTLCY	BRITISH LAND CO PLC	23,200	$180K	0.1%	$7.76	—	COM	110828100
—	AVON PRODUCTS INC	34,350	$173K	0.1%	$17.69	—	COM	054303102
—	CARBO CERAMICS INC	10,000	$105K	0.0%	$10.50	—	COM	140781105