Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	58,040	$4.965M	4.6%	$85.54 *	$75.26	+4.5%	COM	594918104
AAPL	APPLE INC	25,214	$4.267M	4.0%	$169.23 *	$39.08	+1.4%	COM	037833100
AMZN	AMAZON COM INC	3,497	$4.09M	3.8%	$1169.57 *	$55.02	+6.3%	COM	023135106
JPM	JPMORGAN CHASE & CO	34,160	$3.653M	3.4%	$106.94 *	$81.33	+5.6%	COM	46625H100
JNJ	JOHNSON & JOHNSON	24,675	$3.448M	3.2%	$139.74 *	$110.98	+0.7%	COM	478160104
CSCO	CISCO SYS INC	88,816	$3.402M	3.2%	$38.30 *	$27.97	+7.2%	COM	17275R102
GOOGL	ALPHABET INC	3,026	$3.188M	3.0%	$1053.54 *	$51.24	+2.0%	CAP STK CL A	02079K305
UNH	UNITEDHEALTH GROUP INC	14,312	$3.155M	3.0%	$220.44 *	$186.06	+4.3%	COM	91324P102
PG	PROCTER AND GAMBLE CO	31,437	$2.888M	2.7%	$91.87 *	$72.65	+2.3%	COM	742718109
ORCL	ORACLE CORP	54,523	$2.578M	2.4%	$47.28 *	$43.49	-3.6%	COM	68389X105
AMGN	AMGEN INC	14,612	$2.541M	2.4%	$173.90 *	$138.21	-1.4%	COM	031162100
MMM	3M CO	10,050	$2.365M	2.2%	$235.32 *	$144.97	+2.6%	COM	88579Y101
ADBE	ADOBE SYS INC	12,824	$2.247M	2.1%	$175.22	$172.04	+1.9%	COM	00724F101
CMCSA	COMCAST CORP NEW	55,102	$2.207M	2.1%	$40.05 *	$30.68	+6.5%	CL A	20030N101
BDX	BECTON DICKINSON & CO	10,127	$2.168M	2.0%	$214.08 *	$185.44	-0.0%	COM	075887109
TXN	TEXAS INSTRS INC	20,207	$2.11M	2.0%	$104.42 *	$77.65	+7.5%	COM	882508104
SWK	STANLEY BLACK & DECKER INC	12,223	$2.074M	1.9%	$169.68 *	$130.86	+3.9%	COM	854502101
ITW	ILLINOIS TOOL WKS INC	12,392	$2.068M	1.9%	$166.88 *	$130.85	+5.1%	COM	452308109
HD	HOME DEPOT INC	10,633	$2.015M	1.9%	$189.50 *	$141.67	+10.2%	COM	437076102
BAC	BANK AMER CORP	65,588	$1.936M	1.8%	$29.52 *	$22.78	+7.4%	COM	060505104
—	TRAVELERS COMPANIES INC	13,755	$1.866M	1.7%	$135.66	$135.66	—	COM	89417e109
CHD	CHURCH & DWIGHT INC	36,717	$1.842M	1.7%	$50.17 *	$42.33	+7.2%	COM	171340102
BK	BANK NEW YORK MELLON CORP	33,412	$1.8M	1.7%	$53.87 *	$42.65	+1.3%	COM	064058100
HST	HOST HOTELS & RESORTS INC	88,581	$1.758M	1.6%	$19.85 *	$14.34	+2.5%	COM	44107P104
INTC	INTEL CORP	37,406	$1.727M	1.6%	$46.17 *	$36.55	+6.0%	COM	458140100
APD	AIR PRODS & CHEMS INC	9,580	$1.572M	1.5%	$164.09 *	$130.30	+3.7%	COM	009158106
NVS	NOVARTIS A G	18,511	$1.554M	1.5%	$83.95	$84.20	-0.3%	SPONSORED ADR	66987V109
RGA	REINSURANCE GROUP AMER INC	9,715	$1.515M	1.4%	$155.94	$151.41	+3.0%	COM NEW	759351604
SYY	SYSCO CORP	24,796	$1.506M	1.4%	$60.74 *	$45.82	+7.2%	COM	871829107
NFG	NATIONAL FUEL GAS CO N J	26,337	$1.446M	1.4%	$54.90	$57.14	-3.9%	COM	636180101
UNP	UNION PAC CORP	10,138	$1.36M	1.3%	$134.15 *	$100.79	+11.6%	COM	907818108
A	AGILENT TECHNOLOGIES INC	17,416	$1.166M	1.1%	$66.95 *	$63.50	-0.5%	COM	00846U101
SBUX	STARBUCKS CORP	19,795	$1.137M	1.1%	$57.44 *	$47.41	+1.7%	COM	855244109
—	TIME WARNER INC	12,266	$1.122M	1.1%	$91.47	$91.47	—	COM NEW	887317303
MA	MASTERCARD INCORPORATED	7,404	$1.121M	1.0%	$151.40 *	$142.19	+1.8%	CL A	57636Q104
—	GLAXOSMITHKLINE PLC	31,167	$1.105M	1.0%	$35.45	$35.45	—	SPONSORED ADR	37733W105
—	LASALLE HOTEL PPTYS	39,089	$1.097M	1.0%	$28.06	$28.06	—	COM SH BEN INT	517942108
EOG	EOG RES INC	10,149	$1.095M	1.0%	$107.89 *	$75.40	+7.1%	COM	26875P101
SCHW	SCHWAB CHARLES CORP NEW	20,917	$1.075M	1.0%	$51.39 *	$42.12	+9.4%	COM	808513105
EL	LAUDER ESTEE COS INC	8,250	$1.05M	1.0%	$127.27 *	$108.54	+6.1%	CL A	518439104
VZ	VERIZON COMMUNICATIONS INC	19,460	$1.03M	1.0%	$52.93 *	$31.96	+7.7%	COM	92343V104
AOS	SMITH A O	15,918	$975K	0.9%	$61.25 *	$52.56	+1.1%	COM	831865209
BAX	BAXTER INTL INC	13,853	$895K	0.8%	$64.61 *	$55.78	+0.8%	COM	071813109
PGR	PROGRESSIVE CORP OHIO	15,864	$893K	0.8%	$56.29 *	$39.96	+8.9%	COM	743315103
—	STATOIL ASA	40,529	$868K	0.8%	$21.42	$21.42	—	SPONSORED ADR	85771P102
FISV	FISERV INC	6,495	$852K	0.8%	$131.18 *	$64.57	+1.5%	COM	337738108
AVA	AVISTA CORP	15,662	$806K	0.8%	$51.46 *	$36.82	-0.3%	COM	05379B107
CB	CHUBB LIMITED	5,250	$767K	0.7%	$146.10 *	$129.55	-1.7%	COM	H1467J104
—	HESS CORP	14,664	$696K	0.7%	$47.46	$47.46	—	COM	42809H107
C	CITIGROUP INC	9,358	$696K	0.7%	$74.37 *	$56.47	+0.8%	COM NEW	172967424
AXP	AMERICAN EXPRESS CO	6,442	$640K	0.6%	$99.35 *	$85.24	+4.3%	COM	025816109
CAT	CATERPILLAR INC DEL	4,035	$636K	0.6%	$157.62 *	$116.31	+13.7%	COM	149123101
GAP	GAP INC DEL	18,268	$622K	0.6%	$34.05 *	$22.43	+14.3%	COM	364760108
AFL	AFLAC INC	7,020	$616K	0.6%	$87.75 *	$35.30	+3.1%	COM	001055102
HIG	HARTFORD FINL SVCS GROUP INC	10,919	$615K	0.6%	$56.32 *	$46.60	+1.2%	COM	416515104
SPY	SPDR S&P 500 ETF TR	2,201	$587K	0.5%	$266.70	$260.05	+2.6%	TR UNIT	78462F103
MAS	MASCO CORP	12,969	$570K	0.5%	$43.95 *	$35.80	+8.2%	COM	574599106
—	TIFFANY & CO NEW	5,206	$541K	0.5%	$103.92	$103.92	—	COM	886547108
MPC	MARATHON PETE CORP	8,135	$537K	0.5%	$66.01 *	$47.48	+8.1%	COM	56585A102
EMR	EMERSON ELEC CO	7,575	$528K	0.5%	$69.70 *	$53.28	+8.0%	COM	291011104
OKE	ONEOK INC NEW	9,704	$519K	0.5%	$53.48 *	$32.07	+0.7%	COM	682680103
STT	STATE STR CORP	5,247	$512K	0.5%	$97.58 *	$74.42	+2.5%	COM	857477103
PLD	PROLOGIS INC	7,701	$497K	0.5%	$64.54 *	$52.02	-0.7%	COM	74340W103
MTX	MINERALS TECHNOLOGIES INC	7,133	$491K	0.5%	$68.83 *	$68.59	-3.1%	COM	603158106
—	PRICELINE GRP INC	279	$485K	0.5%	$1738.35	$1738.35	—	COM NEW	741503403
CL	COLGATE PALMOLIVE CO	6,381	$481K	0.5%	$75.38 *	$60.29	+3.5%	COM	194162103
SPYX	SPDR SER TR	7,233	$469K	0.4%	$64.84 *	$21.05	+2.6%	SPDR S&P 500 ETF	78468R796
—	UNILEVER N V	8,290	$467K	0.4%	$56.33	$56.33	—	N Y SHS NEW	904784709
AWK	AMERICAN WTR WKS CO INC NEW	4,830	$442K	0.4%	$91.51 *	$75.72	+3.7%	COM	030420103
PBF	PBF ENERGY INC	12,298	$436K	0.4%	$35.45	$30.91	+14.7%	CL A	69318G106
TGT	TARGET CORP	6,454	$421K	0.4%	$65.23 *	$48.06	+8.6%	COM	87612E106
NKE	NIKE INC	6,104	$382K	0.4%	$62.58 *	$51.78	+9.0%	CL B	654106103
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,707	$338K	0.3%	$198.01	$189.88	+4.4%	CL B NEW	084670702
NUE	NUCOR CORP	5,220	$332K	0.3%	$63.60 *	$48.98	+9.3%	COM	670346105
COST	COSTCO WHSL CORP NEW	1,256	$234K	0.2%	$186.31 *	$154.45	+8.0%	COM	22160K105
VTI	VANGUARD INDEX FDS	1,587	$218K	0.2%	$137.37	$133.83	+2.6%	TOTAL STK MKT	922908769
CWT	CALIFORNIA WTR SVC GROUP	4,706	$213K	0.2%	$45.26 *	$36.64	+5.5%	COM	130788102
BCO	BRINKS CO	2,659	$209K	0.2%	$78.60 *	$74.14	-2.7%	COM	109696104