Location: Rochester, MI
CIK: 0001562855 · Show all filings
Period: Q4 2015 (← Previous) (Next →)
Filing Date: Feb 8, 2016
Total Value: $1.438B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WU | Western Union Co | 5,148,653 | $92.21M | 6.4% | $18.12 | — | EQUITY | 959802109 |
| — | Broadridge Finl | 1,097,506 | $58.97M | 4.1% | $43.56 | — | EQUITY | 11133t103 |
| BRO | Brown & Brown Inc | 1,803,885 | $57.91M | 4.0% | $14.53 | +0.5% | EQUITY | 115236101 |
| — | Hillenbrand Inc | 1,630,623 | $48.31M | 3.4% | $28.79 | — | EQUITY | 431571108 |
| MATW | Matthews Intl | 896,032 | $47.89M | 3.3% | $37.74 | +14.7% | EQUITY | 577128101 |
| — | CH Robinson | 735,458 | $45.61M | 3.2% | $61.99 | — | EQUITY | 12541w209 |
| FHI | Federated Investors | 1,582,658 | $45.34M | 3.2% | $18.20 | +3.4% | EQUITY | 314211103 |
| — | Actuant Corp | 1,721,440 | $41.25M | 2.9% | $21.96 | — | EQUITY | 00508x203 |
| WLY | John Wiley & Sons | 912,771 | $41.1M | 2.9% | $36.83 | -1.2% | EQUITY | 968223206 |
| — | General Electric | 1,308,303 | $40.75M | 2.8% | $24.79 | — | EQUITY | 369604103 |
| PG | Procter & Gamble | 508,257 | $40.36M | 2.8% | $59.84 | -3.2% | EQUITY | 742718109 |
| SYY | Sysco Corp | 982,002 | $40.26M | 2.8% | $27.65 | +13.8% | EQUITY | 871829107 |
| — | Legg Mason Inc | 955,213 | $37.47M | 2.6% | $40.85 | — | EQUITY | 524901105 |
| MKC | McCormick & Co | 427,888 | $36.61M | 2.5% | $30.69 | +13.4% | EQUITY | 579780206 |
| LSTR | Landstar Systems | 621,979 | $36.48M | 2.5% | $60.33 | — | EQUITY | 515098101 |
| — | LPL Finl Hldgs | 826,385 | $35.24M | 2.5% | $41.39 | — | EQUITY | 50212v100 |
| — | Now Inc | 2,159,749 | $34.17M | 2.4% | $17.28 | — | EQUITY | 67011p100 |
| MSFT | Microsoft Corp | 582,460 | $32.31M | 2.2% | $33.37 | +37.6% | EQUITY | 594918104 |
| — | Linear Tech Corp | 737,295 | $31.31M | 2.2% | $42.69 | — | EQUITY | 535678106 |
| JNJ | Johnson & Johnson | 300,608 | $30.88M | 2.1% | $68.77 | +10.4% | EQUITY | 478160104 |
| PEP | PepsiCo Inc | 294,971 | $29.47M | 2.0% | $63.38 | +15.9% | EQUITY | 713448108 |
| MKL | Markel Corp | 32,298 | $28.53M | 2.0% | $693.07 | +25.5% | EQUITY | 570535104 |
| GGG | Graco Inc | 370,297 | $26.69M | 1.9% | $20.49 | +2.8% | EQUITY | 384109104 |
| EFX | Equifax Inc | 221,420 | $24.66M | 1.7% | $73.67 | +33.2% | EQUITY | 294429105 |
| CTAS | Cintas Corp | 260,367 | $23.71M | 1.6% | $14.99 | +36.7% | EQUITY | 172908105 |
| — | Patterson Co | 514,854 | $23.28M | 1.6% | $43.53 | — | EQUITY | 703395103 |
| WMT | Wal-Mart Stores | 371,862 | $22.8M | 1.6% | $19.67 | -15.4% | EQUITY | 931142103 |
| POST | Post Hldgs | 366,495 | $22.61M | 1.6% | $32.03 | +29.2% | EQUITY | 737446104 |
| WAT | Waters Corp | 157,747 | $21.23M | 1.5% | $120.73 | +6.4% | EQUITY | 941848103 |
| — | Cisco Systems Inc | 775,417 | $21.06M | 1.5% | $25.91 | — | EQUITY | 17275r102 |
| IBM | Intl Business Machines | 126,685 | $17.43M | 1.2% | $99.50 | -12.0% | EQUITY | 459200101 |
| — | Diageo PLC ADR | 149,806 | $16.34M | 1.1% | $111.26 | — | EQUITY | 25243q205 |
| AXP | American Express | 233,882 | $16.27M | 1.1% | $67.86 | -7.3% | EQUITY | 025816109 |
| USB | US Bancorp | 379,093 | $16.18M | 1.1% | $27.53 | +7.5% | EQUITY | 902973304 |
| DE | Deere & Co | 211,816 | $16.16M | 1.1% | $71.17 | -8.6% | EQUITY | 244199105 |
| — | Capital One Finl | 219,406 | $15.84M | 1.1% | $75.19 | — | EQUITY | 14040h105 |
| MDLZ | Mondelez Intl | 352,157 | $15.79M | 1.1% | $27.28 | +30.0% | EQUITY | 609207105 |
| EMR | Emerson Electric | 328,452 | $15.71M | 1.1% | $38.42 | -5.0% | EQUITY | 291011104 |
| UPS | United Parcel Service | 150,711 | $14.5M | 1.0% | $65.61 | +7.6% | EQUITY | 911312106 |
| — | Mid-America Apt Comm | 151,509 | $13.76M | 1.0% | $68.66 | — | EQUITY | 59522j103 |
| PFE | Pfizer Inc | 378,472 | $12.22M | 0.8% | $18.36 | +11.0% | EQUITY | 717081103 |
| SCHW | Schwab Charles Corp | 355,459 | $11.71M | 0.8% | $20.54 | +35.8% | EQUITY | 808513105 |
| — | Cable One Inc | 26,197 | $11.36M | 0.8% | $424.52 | — | EQUITY | 12685j105 |
| — | Medtronic PLC | 118,650 | $9.127M | 0.6% | $77.99 | — | EQUITY | g5960L103 |
| ELV | Anthem Inc | 62,669 | $8.739M | 0.6% | $115.05 | +4.0% | EQUITY | 036752103 |
| — | Mastercard Inc Cl A | 83,790 | $8.158M | 0.6% | $93.22 | — | EQUITY | 57636q104 |
| — | Anheuser-Busch Inbev | 48,620 | $6.078M | 0.4% | $103.17 | — | EQUITY | 03524a108 |
| PAYX | Paychex Inc | 114,633 | $6.063M | 0.4% | $29.06 | +32.7% | EQUITY | 704326107 |
| CLX | Clorox Co | 47,657 | $6.044M | 0.4% | $62.80 | +48.5% | EQUITY | 189054109 |
| — | Exxon Mobil Corp | 76,915 | $5.996M | 0.4% | $88.09 | — | EQUITY | 30231g102 |
| AAPL | Apple Inc | 53,646 | $5.647M | 0.4% | $22.77 | +13.0% | EQUITY | 037833100 |
| — | 3M Co | 27,526 | $4.147M | 0.3% | $123.91 | — | EQUITY | 88579y101 |
| DIS | Disney Walt Co | 38,360 | $4.031M | 0.3% | $60.91 | +67.8% | EQUITY | 254687106 |
| WFC | Wells Fargo & Co | 62,533 | $3.399M | 0.2% | $33.30 | +22.6% | EQUITY | 949746101 |
| CPB | Campbell Soup Co | 60,535 | $3.181M | 0.2% | $30.51 | +22.1% | EQUITY | 134429109 |
| VOO | Vanguard S&P 500 ETF | 14,701 | $2.748M | 0.2% | $180.91 | — | ETF | 922908363 |
| FAST | Fastenal Co | 65,495 | $2.674M | 0.2% | $7.53 | +0.0% | EQUITY | 311900104 |
| EPD | Enterprise Product Ptnrs | 100,000 | $2.558M | 0.2% | $52.05 | — | EQUITY | 293792107 |
| BMY | Bristol-Myers Squibb Co | 37,107 | $2.553M | 0.2% | $34.98 | +33.5% | EQUITY | 110122108 |
| — | Verizon Comm | 42,305 | $1.955M | 0.1% | $47.19 | — | EQUITY | 92343v104 |
| — | Holly Energy Ptnrs LP | 60,000 | $1.868M | 0.1% | $32.84 | — | EQUITY | 435763107 |
| — | Duke Energy Corp | 25,000 | $1.785M | 0.1% | $70.73 | — | EQUITY | 26441c204 |
| — | MPLX LP | 45,000 | $1.77M | 0.1% | $39.33 | — | EQUITY | 55336v100 |
| F | Ford Motor Co | 123,195 | $1.736M | 0.1% | $8.55 | -2.4% | EQUITY | 345370860 |
| — | Du Pont EI deNemours | 20,425 | $1.36M | 0.1% | $64.78 | — | EQUITY | 263534109 |
| NUE | Nucor Corp | 31,400 | $1.265M | 0.1% | $37.35 | -13.2% | EQUITY | 670346105 |
| — | Visa Inc | 15,390 | $1.193M | 0.1% | $105.11 | — | EQUITY | 92826c839 |
| PM | Philip Morris Intl | 11,880 | $1.044M | 0.1% | $46.07 | +13.5% | EQUITY | 718172109 |
| SO | Southern Co | 22,000 | $1.029M | 0.1% | $25.43 | +16.5% | EQUITY | 842587107 |
| — | Eversource Energy | 20,000 | $1.021M | 0.1% | $50.50 | — | EQUITY | 30040w108 |
| MGC | Vanguard MegaCap ETF | 14,214 | $992K | 0.1% | $67.53 | — | ETF | 921910873 |
| — | Mackinac Finl Corp | 85,122 | $978K | 0.1% | $10.20 | — | EQUITY | 554571109 |
| — | Vodafone Grp ADR | 30,298 | $977K | 0.1% | $34.84 | — | EQUITY | 92857w308 |
| IP | Intl Paper Co | 25,000 | $943K | 0.1% | $26.73 | -6.9% | EQUITY | 460146103 |
| — | ConocoPhillips | 20,192 | $943K | 0.1% | $64.77 | — | EQUITY | 20825c104 |
| MCD | McDonalds Corp | 7,970 | $942K | 0.1% | $71.82 | +21.5% | EQUITY | 580135101 |
| LLY | Lilly Eli & Co | 10,750 | $906K | 0.1% | $45.97 | +51.6% | EQUITY | 532457108 |
| — | Unilever PLC | 20,000 | $862K | 0.1% | $41.25 | — | EQUITY | 904767704 |
| THO | Thor Industries Inc | 14,864 | $835K | 0.1% | $49.05 | -7.3% | EQUITY | 885160101 |
| VEA | Vanguard FTSE Dev Mkt ETF | 22,363 | $821K | 0.1% | $38.40 | — | ETF | 921943858 |
| — | Costco Wholesale | 5,045 | $815K | 0.1% | $115.62 | — | EQUITY | 22160k105 |
| WM | Waste Mgmt | 15,000 | $801K | 0.1% | $32.23 | +36.2% | EQUITY | 94106L109 |
| VO | Vanguard M/C ETF | 6,051 | $727K | 0.1% | $105.85 | — | ETF | 922908629 |
| — | Macquarie Infrastructure | 10,000 | $726K | 0.1% | $78.45 | — | EQUITY | 55608b105 |
| — | Plum Creek Timber Co | 15,000 | $716K | 0.0% | $39.53 | — | EQUITY | 729251108 |
| — | General Motors Co | 21,000 | $714K | 0.0% | $35.07 | — | EQUITY | 37045v100 |
| KO | Coca Cola Co | 15,783 | $678K | 0.0% | $28.18 | +9.5% | EQUITY | 191216100 |
| CAT | Caterpillar Inc | 8,950 | $608K | 0.0% | $59.11 | -7.7% | EQUITY | 149123101 |
| CVX | Chevron Corp | 6,204 | $558K | 0.0% | $53.85 | +8.5% | EQUITY | 166764100 |
| — | Alphabet Inc Cl A | 692 | $538K | 0.0% | $777.46 | — | EQUITY | 02079k305 |
| HD | Home Depot Inc | 4,054 | $536K | 0.0% | $59.27 | +68.7% | EQUITY | 437076102 |
| — | Blackstone Mtg Tr Cl A | 20,000 | $535K | 0.0% | $27.44 | — | EQUITY | 09257w100 |
| — | NextEra Energy Inc | 5,150 | $535K | 0.0% | $95.82 | — | EQUITY | 65339f101 |
| — | Starwood Ppty Tr | 25,000 | $514K | 0.0% | $23.60 | — | EQUITY | 85571b105 |
| — | Energy Transfer Ptnrs | 15,000 | $506K | 0.0% | $47.11 | — | EQUITY | 29273r109 |
| — | Davita Healthcare Ptnrs | 6,954 | $485K | 0.0% | $81.25 | — | EQUITY | 23918k108 |
| VB | Vanguard S/C ETF | 4,298 | $476K | 0.0% | $102.66 | — | ETF | 922908751 |
| BA | Boeing Co | 3,285 | $475K | 0.0% | $128.88 | 0.0% | EQUITY | 097023105 |
| VWO | Vanguard FTSE Emerg Mkts ETF | 14,315 | $468K | 0.0% | $40.27 | — | ETF | 922042858 |
| PAA | Plains AA Pipeline LP | 20,000 | $462K | 0.0% | $55.10 | — | EQUITY | 726503105 |
| — | Blackstone Grp LP | 15,000 | $439K | 0.0% | $38.87 | — | EQUITY | 09253u108 |
| CVS | CVS Caremark Corp | 4,300 | $420K | 0.0% | $72.61 | 0.0% | EQUITY | 126650100 |
| CMA | Comerica Inc | 9,975 | $417K | 0.0% | $29.72 | -0.7% | EQUITY | 200340107 |
| BRK/B | Berkshire Hath Cl B | 2,992 | $395K | 0.0% | $119.01 | +12.8% | EQUITY | 084670702 |
| — | JPMorgan Chase & Co | 5,843 | $386K | 0.0% | $63.53 | — | EQUITY | 46625h100 |
| SYK | Stryker Corp | 4,136 | $384K | 0.0% | $79.85 | +6.7% | EQUITY | 863667101 |
| — | Brookfield Infr Ptnrs LP | 10,000 | $379K | 0.0% | $39.50 | — | EQUITY | g16252101 |
| — | ITC Hldgs Corp | 9,212 | $362K | 0.0% | $50.86 | — | EQUITY | 465685105 |
| — | AT&T Inc | 9,838 | $339K | 0.0% | $34.58 | — | EQUITY | 00206r102 |
| — | Gaming & Leisure Pptys | 10,000 | $278K | 0.0% | $36.50 | — | EQUITY | 36467j108 |
| UNP | Union Pacific Corp | 3,550 | $278K | 0.0% | $74.92 | -8.8% | EQUITY | 907818108 |
| TXN | Texas Instruments | 5,000 | $274K | 0.0% | $25.31 | +67.1% | EQUITY | 882508104 |
| GILD | Gilead Sciences Inc | 2,700 | $273K | 0.0% | $71.60 | +1.8% | EQUITY | 375558103 |
| INTC | Intel Corp | 7,720 | $266K | 0.0% | $18.06 | +47.5% | EQUITY | 458140100 |
| — | Chubb Corp | 2,000 | $265K | 0.0% | $122.44 | — | EQUITY | 171232101 |
| — | Oracle Corp | 7,263 | $265K | 0.0% | $43.10 | — | EQUITY | 68389x105 |
| CHD | Church & Dwight Co | 2,825 | $240K | 0.0% | $27.77 | +35.1% | EQUITY | 171340102 |
| — | Walgreen Boots Alliance | 2,800 | $238K | 0.0% | $85.00 | — | EQUITY | 931427108 |
| TIP | iShares TIPS Bd ETF | 2,115 | $232K | 0.0% | $112.24 | — | ETF | 464287176 |
| — | Discovery Comm Ser C | 8,925 | $225K | 0.0% | $25.21 | — | EQUITY | 25470f302 |
| CPRT | Copart Inc | 5,781 | $220K | 0.0% | $4.62 | 0.0% | EQUITY | 217204106 |
| — | Suntrust Bks Inc | 5,000 | $214K | 0.0% | $42.80 | — | EQUITY | 867914103 |
| — | FedEx Corp | 1,410 | $210K | 0.0% | $117.75 | — | EQUITY | 31428x106 |
| — | Facebook Inc Cl A | 1,945 | $204K | 0.0% | $104.88 | — | EQUITY | 30303m102 |
| — | Valero Energy Corp | 2,880 | $204K | 0.0% | $70.83 | — | EQUITY | 91913y100 |
| — | SPX Corp | 20,000 | $187K | 0.0% | $9.35 | — | EQUITY | 784635104 |
| BAC | Bank of America Corp | 10,357 | $174K | 0.0% | $13.56 | 0.0% | EQUITY | 060505104 |
| — | Cone Midstream Ptnr LP | 10,000 | $99,000 | 0.0% | $9.90 | — | EQUITY | 206812109 |
| — | Cliffs Natural Res Inc | 20,008 | $32,000 | 0.0% | $1.60 | — | EQUITY | 18683k101 |