Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WU	Western Union Co	3,447,538	$63.3M	5.8%	$18.22	—	EQUITY	959802109
—	Broadridge Finl	777,927	$43.06M	3.9%	$39.38	—	EQUITY	11133t103
—	Willis Grp Hldgs	1,008,924	$41.34M	3.8%	$44.54	—	EQUITY	g96666105
SYY	Sysco Corp	974,242	$37.97M	3.5%	$27.65	+5.1%	EQUITY	871829107
PG	Procter & Gamble	503,982	$36.26M	3.3%	$59.84	-5.9%	EQUITY	742718109
—	General Electric	1,351,683	$34.09M	3.1%	$24.79	—	EQUITY	369604103
BRO	Brown & Brown Inc	957,110	$29.64M	2.7%	$14.47	+3.1%	EQUITY	115236101
MATW	Matthews Intl	587,323	$28.76M	2.6%	$34.82	+15.7%	EQUITY	577128101
PEP	PepsiCo Inc	294,146	$27.74M	2.5%	$63.38	+9.7%	EQUITY	713448108
—	CH Robinson	408,237	$27.67M	2.5%	$61.97	—	EQUITY	12541w209
JNJ	Johnson & Johnson	294,138	$27.46M	2.5%	$68.61	+5.6%	EQUITY	478160104
MSFT	Microsoft Corp	617,880	$27.35M	2.5%	$33.37	+16.6%	EQUITY	594918104
—	Hillenbrand Inc	1,029,488	$26.78M	2.4%	$28.31	—	EQUITY	431571108
FHI	Federated Investors	918,630	$26.55M	2.4%	$17.75	+11.7%	EQUITY	314211103
MKC	McCormick & Co	309,881	$25.47M	2.3%	$29.13	+14.5%	EQUITY	579780206
MKL	Markel Corp	27,193	$21.8M	2.0%	$659.83	+28.2%	EQUITY	570535104
—	Cisco Systems Inc	762,677	$20.02M	1.8%	$25.88	—	EQUITY	17275r102
CTAS	Cintas Corp	232,334	$19.92M	1.8%	$14.33	+33.9%	EQUITY	172908105
—	Legg Mason Inc	477,433	$19.87M	1.8%	$42.47	—	EQUITY	524901105
—	Actuant Corp	1,048,980	$19.29M	1.8%	$20.69	—	EQUITY	00508x203
EFX	Equifax Inc	197,534	$19.2M	1.8%	$70.71	+27.3%	EQUITY	294429105
—	Linear Tech Corp	470,978	$19M	1.7%	$42.81	—	EQUITY	535678106
—	Now Inc	1,278,330	$18.92M	1.7%	$18.29	—	EQUITY	67011p100
LSTR	Landstar Systems	280,396	$17.8M	1.6%	$62.37	—	EQUITY	515098101
IBM	Intl Business Machines	116,562	$16.9M	1.5%	$100.54	-5.2%	EQUITY	459200101
MDLZ	Mondelez Intl	400,882	$16.79M	1.5%	$27.28	+24.8%	EQUITY	609207105
POST	Post Hldgs	277,148	$16.38M	1.5%	$29.02	+35.3%	EQUITY	737446104
WMT	Wal-Mart Stores	243,537	$15.79M	1.4%	$21.27	-11.1%	EQUITY	931142103
—	Diageo PLC ADR	146,305	$15.77M	1.4%	$111.31	—	EQUITY	25243q205
GGG	Graco Inc	229,558	$15.39M	1.4%	$20.13	-0.4%	EQUITY	384109104
USB	US Bancorp	366,558	$15.03M	1.4%	$27.46	+8.5%	EQUITY	902973304
—	Capital One Finl	206,386	$14.97M	1.4%	$75.38	—	EQUITY	14040h105
AXP	American Express	198,154	$14.69M	1.3%	$68.76	-3.7%	EQUITY	025816109
UPS	United Parcel Service	146,841	$14.49M	1.3%	$65.48	+3.5%	EQUITY	911312106
—	LPL Finl Hldgs	361,490	$14.38M	1.3%	$39.77	—	EQUITY	50212v100
—	Patterson Co	327,883	$14.18M	1.3%	$42.57	—	EQUITY	703395103
WAT	Waters Corp	111,165	$13.14M	1.2%	$117.47	+7.7%	EQUITY	941848103
—	Exxon Mobil Corp	167,619	$12.46M	1.1%	$88.09	—	EQUITY	30231g102
PFE	Pfizer Inc	395,372	$12.42M	1.1%	$18.36	+12.2%	EQUITY	717081103
—	Mid-America Apt Comm	151,509	$12.4M	1.1%	$68.66	—	EQUITY	59522j103
DE	Deere & Co	165,921	$12.28M	1.1%	$72.86	+0.7%	EQUITY	244199105
SCHW	Schwab Charles Corp	357,089	$10.2M	0.9%	$20.54	+37.4%	EQUITY	808513105
EMR	Emerson Electric	223,916	$9.89M	0.9%	$39.31	-5.0%	EQUITY	291011104
WLY	John Wiley & Sons	195,420	$9.777M	0.9%	$38.42	-1.3%	EQUITY	968223206
CRL	Charles River Labs	143,433	$9.111M	0.8%	$57.04	+25.9%	EQUITY	159864107
ELV	Anthem Inc	61,149	$8.561M	0.8%	$114.93	+13.0%	EQUITY	036752103
—	Medtronic PLC	121,920	$8.161M	0.7%	$77.99	—	EQUITY	g5960L103
—	Mastercard Inc Cl A	82,880	$7.469M	0.7%	$93.17	—	EQUITY	57636q104
—	Cable One Inc	16,828	$7.058M	0.6%	$419.42	—	EQUITY	12685j105
CLX	Clorox Co	51,597	$5.961M	0.5%	$62.80	+33.5%	EQUITY	189054109
AAPL	Apple Inc	53,681	$5.921M	0.5%	$22.77	+15.4%	EQUITY	037833100
—	VCA Inc	104,319	$5.492M	0.5%	$34.72	—	EQUITY	918194101
—	Anheuser-Busch Inbev	48,295	$5.135M	0.5%	$103.17	—	EQUITY	03524a108
PAYX	Paychex Inc	104,748	$4.989M	0.5%	$28.16	+21.1%	EQUITY	704326107
DIS	Disney Walt Co	38,670	$3.952M	0.4%	$60.91	+63.7%	EQUITY	254687106
—	3M Co	26,446	$3.749M	0.3%	$122.82	—	EQUITY	88579y101
WFC	Wells Fargo & Co	64,533	$3.314M	0.3%	$33.30	+23.3%	EQUITY	949746101
CPB	Campbell Soup Co	62,445	$3.165M	0.3%	$30.51	+16.4%	EQUITY	134429109
WM	Waste Mgmt	54,675	$2.723M	0.2%	$32.23	+26.7%	EQUITY	94106L109
VOO	Vanguard S&P 500 ETF	14,658	$2.576M	0.2%	$180.91	—	ETF	922908363
BMY	Bristol-Myers Squibb Co	38,357	$2.271M	0.2%	$34.98	+27.3%	EQUITY	110122108
EPD	Enterprise Product Ptnrs	90,000	$2.241M	0.2%	$54.99	—	EQUITY	293792107
—	Kinder Morgan Inc	80,745	$2.235M	0.2%	$42.30	—	EQUITY	49456b101
—	Sigma-Aldrich Corp	14,628	$2.032M	0.2%	$89.31	—	EQUITY	826552101
F	Ford Motor Co	137,778	$1.87M	0.2%	$8.55	-4.7%	EQUITY	345370860
—	Verizon Comm	42,474	$1.848M	0.2%	$47.19	—	EQUITY	92343v104
—	Duke Energy Corp	23,000	$1.655M	0.2%	$70.68	—	EQUITY	26441c204
—	Markwest Energy LP	35,000	$1.502M	0.1%	$65.51	—	EQUITY	570759100
—	Holly Energy Ptnrs LP	50,000	$1.452M	0.1%	$33.18	—	EQUITY	435763107
BIDU	Baidu Inc ADS	9,425	$1.295M	0.1%	$170.41	—	EQUITY	056752108
NUE	Nucor Corp	31,400	$1.179M	0.1%	$37.35	-10.3%	EQUITY	670346105
—	Visa Inc	16,540	$1.152M	0.1%	$105.11	—	EQUITY	92826c839
—	Mackinac Finl Corp	101,796	$1.028M	0.1%	$10.20	—	EQUITY	554571109
—	Eversource Energy	20,000	$1.012M	0.1%	$50.50	—	EQUITY	30040w108
SO	Southern Co	22,000	$983K	0.1%	$25.43	+11.4%	EQUITY	842587107
KO	Coca Cola Co	24,473	$982K	0.1%	$28.18	+2.3%	EQUITY	191216100
—	Du Pont EI deNemours	20,300	$978K	0.1%	$64.78	—	EQUITY	263534109
—	ConocoPhillips	20,063	$962K	0.1%	$64.77	—	EQUITY	20825c104
—	Vodafone Grp ADR	30,123	$956K	0.1%	$34.84	—	EQUITY	92857w308
PM	Philip Morris Intl	11,800	$936K	0.1%	$46.07	+6.1%	EQUITY	718172109
MGC	Vanguard MegaCap ETF	14,135	$923K	0.1%	$67.53	—	ETF	921910873
LLY	Lilly Eli & Co	10,750	$900K	0.1%	$45.97	+53.3%	EQUITY	532457108
MCD	McDonalds Corp	8,625	$850K	0.1%	$71.82	+4.9%	EQUITY	580135101
—	Unilever PLC	20,000	$816K	0.1%	$41.25	—	EQUITY	904767704
VEA	Vanguard FTSE Dev Mkt ETF	22,176	$790K	0.1%	$38.40	—	ETF	921943858
—	Costco Wholesale	5,445	$787K	0.1%	$115.62	—	EQUITY	22160k105
THO	Thor Industries Inc	14,864	$770K	0.1%	$49.05	-9.2%	EQUITY	885160101
IP	Intl Paper Co	20,000	$756K	0.1%	$27.19	-0.1%	EQUITY	460146103
—	Macquarie Infrastructure	10,000	$747K	0.1%	$78.45	—	EQUITY	55608b105
VO	Vanguard M/C ETF	6,023	$703K	0.1%	$105.85	—	ETF	922908629
—	Sotheby's	20,000	$640K	0.1%	$40.37	—	EQUITY	835898107
—	General Motors Co	21,000	$630K	0.1%	$35.07	—	EQUITY	37045v100
CAT	Caterpillar Inc	9,490	$620K	0.1%	$59.11	0.0%	EQUITY	149123101
PAA	Plains All American Pipeline LP	20,000	$608K	0.1%	$55.10	—	EQUITY	726503105
—	Plum Creek Timber Co	15,000	$593K	0.1%	$39.53	—	EQUITY	729251108
—	Blackstone Mtg Tr Cl A	20,000	$549K	0.1%	$27.44	—	EQUITY	09257w100
—	Starwood Ppty Tr	25,000	$513K	0.0%	$23.60	—	EQUITY	85571b105
—	Davita Healthcare Ptnrs	6,954	$503K	0.0%	$81.25	—	EQUITY	23918k108
CVX	Chevron Corp	6,374	$503K	0.0%	$53.85	0.0%	EQUITY	166764100
—	NextEra Energy Inc	5,000	$488K	0.0%	$95.58	—	EQUITY	65339f101
HD	Home Depot Inc	4,201	$485K	0.0%	$59.27	+52.6%	EQUITY	437076102
BHP	BHP Billiton Ltd	15,190	$480K	0.0%	$36.67	—	EQUITY	088606108
—	Blackstone Grp LP	15,000	$475K	0.0%	$38.87	—	EQUITY	09253u108
VWO	Vanguard FTSE Emerg Mkts ETF	14,096	$466K	0.0%	$40.39	—	ETF	922042858
VB	Vanguard S/C ETF	4,240	$458K	0.0%	$102.55	—	ETF	922908751
—	Energy Transfer Ptnrs	10,000	$411K	0.0%	$53.80	—	EQUITY	29273r109
CMA	Comerica Inc	9,975	$410K	0.0%	$29.72	+2.8%	EQUITY	200340107
BRK/B	Berkshire Hath Cl B	2,992	$390K	0.0%	$119.01	+15.1%	EQUITY	084670702
SYK	Stryker Corp	4,136	$389K	0.0%	$79.85	+10.1%	EQUITY	863667101
—	Brookfield Infr Ptnrs LP	10,000	$368K	0.0%	$39.50	—	EQUITY	g16252101
—	JPMorgan Chase & Co	5,943	$362K	0.0%	$63.53	—	EQUITY	46625h100
UNP	Union Pacific Corp	4,020	$355K	0.0%	$74.92	-3.7%	EQUITY	907818108
—	AT&T Inc	9,914	$323K	0.0%	$34.58	—	EQUITY	00206r102
—	ITC Hldgs Corp	9,299	$310K	0.0%	$50.86	—	EQUITY	465685105
—	Qunar Cayman Isl ADR	10,000	$301K	0.0%	$42.90	—	EQUITY	74906p104
—	Gaming & Leisure Pptys	10,000	$297K	0.0%	$36.50	—	EQUITY	36467j108
IJR	iShares S&P 600	2,700	$288K	0.0%	$106.67	—	ETF	464287804
FAST	Fastenal Co	7,725	$283K	0.0%	$7.53	0.0%	EQUITY	311900104
—	Oracle Corp	7,563	$273K	0.0%	$43.10	—	EQUITY	68389x105
TIP	iShares TIPS Bd ETF	2,415	$267K	0.0%	$112.24	—	ETF	464287176
CHD	Church & Dwight Co	3,135	$263K	0.0%	$27.77	+34.6%	EQUITY	171340102
GILD	Gilead Sciences Inc	2,650	$260K	0.0%	$71.57	+8.3%	EQUITY	375558103
—	FedEx Corp	1,780	$256K	0.0%	$117.75	—	EQUITY	31428x106
—	Chubb Corp	2,050	$251K	0.0%	$122.44	—	EQUITY	171232101
TXN	Texas Instruments	5,000	$248K	0.0%	$25.31	+45.1%	EQUITY	882508104
INTC	INTEL CORP	7,805	$235K	0.0%	$18.06	+25.2%	EQUITY	458140100
—	ProShares UltraShort S&P 500	9,050	$211K	0.0%	$23.31	—	ETF	74347b300
—	Boulder Brands Inc	10,000	$82,000	0.0%	$6.90	—	EQUITY	101405108