Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WU	Western Union Co	681,731	$11.76M	4.6%	$17.26	—	EQUITY	959802109
—	Broadridge Finl	274,503	$10.85M	4.2%	$27.96	—	EQUITY	11133t103
JNJ	Johnson & Johnson	108,684	$9.954M	3.9%	$59.97	+9.6%	EQUITY	478160104
SYY	Sysco Corp	273,584	$9.877M	3.8%	$24.34	+0.2%	EQUITY	871829107
PG	Procter & Gamble Co	120,145	$9.781M	3.8%	$55.27	+5.0%	EQUITY	742718109
MSFT	Microsoft Corp	258,001	$9.651M	3.8%	$26.86	+11.7%	EQUITY	594918104
—	General Electric Co	330,656	$9.269M	3.6%	$23.89	—	EQUITY	369604103
PEP	PepsiCo Inc	106,541	$8.837M	3.4%	$56.21	+2.8%	EQUITY	713448108
—	Legg Mason Inc	179,706	$7.813M	3.0%	$32.03	—	EQUITY	524901105
SCHW	Schwab Charles Corp	261,460	$6.798M	2.6%	$15.92	+29.8%	EQUITY	808513105
—	Cisco Systems Inc	300,432	$6.738M	2.6%	$23.97	—	EQUITY	17275r102
FHI	Federated Investors Inc	201,008	$5.789M	2.3%	$15.07	+6.2%	EQUITY	314211103
—	Exxon Mobil Corp	55,680	$5.635M	2.2%	$90.71	—	EQUITY	30231g102
—	Medtronic Inc	95,158	$5.461M	2.1%	$51.58	—	EQUITY	585055106
—	Hillenbrand Inc	163,380	$4.806M	1.9%	$24.74	—	EQUITY	431571108
PFE	Pfizer Inc	156,349	$4.789M	1.9%	$16.52	+6.7%	EQUITY	717081103
USB	US Bancorp	113,028	$4.566M	1.8%	$22.66	+12.0%	EQUITY	902973304
INTC	INTEL CORP	172,018	$4.465M	1.7%	$17.18	+4.3%	EQUITY	458140100
WMT	Wal-Mart Stores Inc	55,011	$4.329M	1.7%	$19.91	+2.2%	EQUITY	931142103
UPS	United Parcel Service	38,524	$4.048M	1.6%	$56.21	+14.7%	EQUITY	911312106
—	Capital One Finl Corp	51,156	$3.919M	1.5%	$63.68	—	EQUITY	14040h105
MDLZ	Mondelez Intl	103,497	$3.653M	1.4%	$23.39	+9.1%	EQUITY	609207105
—	Dun & Bradstreet Corp	29,651	$3.64M	1.4%	$100.18	—	EQUITY	26483e100
AXP	American Express Co	38,631	$3.505M	1.4%	$60.26	+14.9%	EQUITY	025816109
CTAS	Cintas Corp	57,900	$3.451M	1.3%	$10.19	+15.5%	EQUITY	172908105
—	Omnicare Inc	52,733	$3.183M	1.2%	$47.71	—	EQUITY	681904108
MATW	Matthews Intl Cl A	73,320	$3.124M	1.2%	$28.61	+8.1%	EQUITY	577128101
—	Patterson Co Inc	74,700	$3.077M	1.2%	$38.85	—	EQUITY	703395103
CRL	Charles River Labs Intl	56,350	$2.989M	1.2%	$45.27	+10.9%	EQUITY	159864107
AAPL	Apple Inc	5,227	$2.932M	1.1%	$13.16	+24.4%	EQUITY	037833100
—	3M Co	19,755	$2.771M	1.1%	$112.03	—	EQUITY	88579y101
CLX	Clorox Co	29,560	$2.742M	1.1%	$61.19	+4.3%	EQUITY	189054109
GHC	Graham Hldgs Co	4,078	$2.705M	1.1%	$339.79	0.0%	EQUITY	384637104
—	WellPoint Inc	28,894	$2.67M	1.0%	$81.85	—	EQUITY	94973v107
BIDU	Baidu Inc ADS	15,000	$2.668M	1.0%	$94.61	—	EQUITY	056752108
—	Willis Grp Hldgs PLC	58,667	$2.629M	1.0%	$42.63	—	EQUITY	g96666105
DIS	Disney Walt Co	34,045	$2.601M	1.0%	$56.36	+9.4%	EQUITY	254687106
EMR	Emerson Electric	35,401	$2.484M	1.0%	$40.58	+18.7%	EQUITY	291011104
MKC	McCormick & Co Inc	32,935	$2.27M	0.9%	$27.65	-2.3%	EQUITY	579780206
PAYX	Paychex Inc	49,334	$2.246M	0.9%	$25.46	+15.6%	EQUITY	704326107
ZBRA	Zebra Tech Cl A	39,455	$2.134M	0.8%	$46.95	+6.8%	EQUITY	989207105
—	Anheuser-Busch Inbev	18,625	$1.983M	0.8%	$92.14	—	EQUITY	03524a108
—	VCA Antech Inc	61,030	$1.914M	0.7%	$27.96	—	EQUITY	918194101
VOO	Vanguard S&P 500 ETF	11,126	$1.882M	0.7%	$169.15	—	ETF	922908363
—	Sigma-Aldrich Corp	18,915	$1.778M	0.7%	$82.40	—	EQUITY	826552101
CPB	Campbell Soup Co	36,980	$1.6M	0.6%	$30.46	-6.3%	EQUITY	134429109
—	Mackinac Finl Corp	160,104	$1.585M	0.6%	$8.89	—	EQUITY	554571109
EFX	EQUIFAX INC	22,860	$1.579M	0.6%	$53.36	+7.9%	EQUITY	294429105
WM	Waste Mgmt Inc	32,716	$1.468M	0.6%	$30.87	+9.7%	EQUITY	94106L109
LSTR	Landstar Systems	24,992	$1.436M	0.6%	$55.77	—	EQUITY	515098101
—	Ritchie Bros Auction	59,253	$1.359M	0.5%	$21.24	—	EQUITY	767744105
WLY	John Wiley & Sons	24,573	$1.356M	0.5%	$28.46	+25.4%	EQUITY	968223206
BDX	Becton Dickinson & Co	11,750	$1.298M	0.5%	$78.11	+9.8%	EQUITY	075887109
AJG	Arthur J Gallagher & Co	27,105	$1.272M	0.5%	$33.90	+7.7%	EQUITY	363576109
MKL	Markel Corp	2,163	$1.255M	0.5%	$526.32	+3.1%	EQUITY	570535104
—	Google Inc Cl A	1,067	$1.196M	0.5%	$893.57	—	EQUITY	38259p508
WKC	World Fuel Services	27,448	$1.185M	0.5%	$38.94	+1.1%	EQUITY	981475106
—	Mastercard Inc Cl A	1,408	$1.176M	0.5%	$574.17	—	EQUITY	57636q104
IBM	Intl Business Machines	6,259	$1.174M	0.5%	$117.18	-9.2%	EQUITY	459200101
—	CH Robinson WW Inc	18,960	$1.106M	0.4%	$56.58	—	EQUITY	12541w209
—	Linear Tech Corp	23,125	$1.053M	0.4%	$38.50	—	EQUITY	535678106
—	Visa Inc	4,699	$1.046M	0.4%	$183.01	—	EQUITY	92826c839
KO	Coca Cola Co	23,154	$956K	0.4%	$27.85	-3.3%	EQUITY	191216100
MCD	McDonalds Corp	9,061	$879K	0.3%	$71.80	-2.5%	EQUITY	580135101
F	Ford Motor Co	52,130	$804K	0.3%	$7.68	+17.2%	EQUITY	345370860
GGG	Graco Inc	9,658	$754K	0.3%	$17.18	+25.9%	EQUITY	384109104
WAT	Waters Corp	7,484	$748K	0.3%	$98.26	+2.6%	EQUITY	941848103
—	BioMarin Pharma	10,493	$738K	0.3%	$72.14	—	EQUITY	09061g101
—	Diageo PLC ADR	4,933	$653K	0.3%	$117.28	—	EQUITY	25243q205
—	Forward Air Corp	14,070	$618K	0.2%	$40.43	—	EQUITY	349853101
VEA	Vanguard FTSE Dev Mkt ETF	14,455	$603K	0.2%	$38.12	—	ETF	921943858
—	Costco Wholesale	4,768	$567K	0.2%	$112.02	—	EQUITY	22160k105
MGC	Vanguard MegaCap ETF	8,564	$541K	0.2%	$55.66	—	ETF	921910873
FICO	Fair Isaac Corp	8,442	$531K	0.2%	$49.69	+15.8%	EQUITY	303250104
BMY	Bristol-Myers Squibb Co	8,242	$438K	0.2%	$30.46	+12.1%	EQUITY	110122108
—	Verizon Comm	8,433	$414K	0.2%	$50.05	—	EQUITY	92343v104
WDFC	WD-40 Co	5,500	$411K	0.2%	$58.73	0.0%	EQUITY	929236107
VO	Vanguard M/C ETF	3,619	$398K	0.2%	$96.40	—	ETF	922908629
RLI	RLI Corp	4,000	$390K	0.2%	$14.64	0.0%	EQUITY	749607107
TR	Tootsie Roll Industries	11,500	$374K	0.1%	$23.72	0.0%	EQUITY	890516107
WFC	Wells Fargo & Co	8,153	$370K	0.1%	$28.53	+7.8%	EQUITY	949746101
SCSC	ScanSource Inc	8,500	$361K	0.1%	$39.45	0.0%	EQUITY	806037107
—	Qunar Cayman Islands ADR	13,600	$361K	0.1%	$26.54	—	EQUITY	74906p104
—	Valspar Corp	4,960	$354K	0.1%	$65.10	—	EQUITY	920355104
—	AT&T Inc	9,853	$346K	0.1%	$35.34	—	EQUITY	00206r102
CAT	Caterpillar Inc	3,768	$342K	0.1%	$62.67	0.0%	EQUITY	149123101
HD	Home Depot Inc	4,145	$341K	0.1%	$58.72	0.0%	EQUITY	437076102
CPRT	Copart Inc	9,246	$339K	0.1%	$4.25	-1.4%	EQUITY	217204106
—	Monsanto Co	2,865	$334K	0.1%	$116.58	—	EQUITY	61166w101
VWO	Vanguard FTSE Emerging Mkts ETF	7,975	$328K	0.1%	$41.13	—	ETF	922042858
BA	Boeing Co	2,347	$320K	0.1%	$110.94	0.0%	EQUITY	097023105
MORN	Morningstar Inc	4,000	$312K	0.1%	$79.53	0.0%	EQUITY	617700109
TXN	Texas Instruments	7,000	$307K	0.1%	$25.31	+18.8%	EQUITY	882508104
SUI	Sun Communities	6,800	$290K	0.1%	$48.88	—	EQUITY	866674104
—	Markwest Energy Ptnrs LP	4,200	$278K	0.1%	$66.90	—	EQUITY	570759100
—	Duke Energy Corp	3,900	$269K	0.1%	$67.44	—	EQUITY	26441c204
BRK/B	Berkshire Hath Cl B	2,267	$269K	0.1%	$110.02	+5.1%	EQUITY	084670702
SYK	Stryker Corp	3,536	$266K	0.1%	$56.92	+10.8%	EQUITY	863667101
VB	Vanguard S/C ETF	2,408	$265K	0.1%	$94.40	—	ETF	922908751
—	FedEx Corp	1,805	$260K	0.1%	$100.34	—	EQUITY	31428x106
TIP	iShares TIPS Bd ETF	2,355	$259K	0.1%	$109.98	—	ETF	464287176
—	Chubb Corp	2,600	$251K	0.1%	$96.54	—	EQUITY	171232101
UNP	Union Pacific Corp	1,485	$249K	0.1%	$57.11	+6.0%	EQUITY	907818108
—	Techne Corp	2,600	$246K	0.1%	$94.62	—	EQUITY	878377100
POST	Post Holdings	5,000	$246K	0.1%	$29.44	0.0%	EQUITY	737446104
WY	Weyerhaeuser Co	7,765	$245K	0.1%	$18.73	+0.5%	EQUITY	962166104
CHD	Church & Dwight Co	3,630	$241K	0.1%	$27.25	0.0%	EQUITY	171340102
CHH	Choice Hotels Intl	4,800	$236K	0.1%	$40.01	0.0%	EQUITY	169905106
—	Kellogg Co	3,790	$231K	0.1%	$38.91	-2.9%	EQUITY	487836108
ACH	Owens & Minor Inc	6,200	$227K	0.1%	$30.32	0.0%	EQUITY	690732102
—	Blount Intl	15,000	$217K	0.1%	$14.47	—	EQUITY	095180105
—	ITC Hldgs Corp	2,189	$210K	0.1%	$94.08	—	EQUITY	465685105
—	Facebook Inc Cl A	3,761	$206K	0.1%	$54.77	—	EQUITY	30303m102
—	Exponent Inc	2,600	$201K	0.1%	$77.31	—	EQUITY	30214u102