Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GWW	GRAINGER WW INC	25,715	$5.781M	2.9%	$201.89	-3.6%	COM	384802104
SBUX	STARBUCKSRP	106,136	$5.746M	2.8%	$32.51	+41.0%	COM	855244109
XOM	EXXON MOBILRP	62,664	$5.469M	2.7%	$53.88	+8.6%	COM	30231G102
—	PRAXAIR INC	40,711	$4.919M	2.4%	$115.15	—	COM	74005P104
IFF	INTL FLAVOR & FRAGRANCES	30,975	$4.428M	2.2%	$58.56	+83.1%	COM	459506101
PEP	PEPSICO INCORPORATED	39,017	$4.243M	2.1%	$56.24	+44.2%	COM	713448108
APD	AIR PRODUCTS & CHEMICALS	27,546	$4.141M	2.0%	$64.07	+71.6%	COM	009158106
JNJ	JOHNSON & JOHNSON	34,014	$4.018M	2.0%	$59.93	+56.2%	COM	478160104
HSY	HERSHEY FOODSRP	41,664	$3.983M	2.0%	$65.77	+28.7%	COM	427866108
MA	MASTERCARD INC	32,281	$3.285M	1.6%	$70.62	+28.6%	COM	57636Q104
CVX	CHEVRONTEXACO	31,379	$3.229M	1.6%	$71.50	-4.2%	COM	166764100
TSCO	TRACTOR SUPPLYMPANY	47,615	$3.206M	1.6%	$9.94	+44.7%	COM	892356106
MIDD	MIDDLEBYRP THE	25,550	$3.158M	1.6%	$72.85	+68.6%	COM	596278101
KMB	KIMBERLY-CLARKRP	24,802	$3.128M	1.5%	$63.26	+47.8%	COM	494368103
ADP	AUTO DATA PROCESSING	35,148	$3.1M	1.5%	$46.19	+60.4%	COM	053015103
TXN	TEXAS INSTRUMENTS INC	43,500	$3.052M	1.5%	$25.31	+108.1%	COM	882508104
SYY	SYSCORP	61,280	$3.003M	1.5%	$24.48	+64.4%	COM	871829107
EMR	EMERSON ELECTRIC	54,575	$2.974M	1.5%	$41.26	+2.5%	COM	291011104
—	WESTROCKM	54,719	$2.652M	1.3%	$51.44	—	COM	96145D105
A	AGILENT TECHNOLOGIES	53,125	$2.501M	1.2%	$28.57	+51.9%	COM	00846U101
ABBV	ABBVIE INCM	38,335	$2.417M	1.2%	$26.65	+64.8%	COM	00287Y109
BF/B	BROWN FORMANRP	50,934	$2.416M	1.2%	$27.98	+17.0%	COM	115637209
BR	BROADRIDGE FINANCIAL	35,100	$2.379M	1.2%	$20.36	+185.6%	COM	11133T103
MKC	MCRMICK & NEW VT	23,305	$2.328M	1.2%	$28.15	+50.5%	COM	579780206
UNP	UNION PACIFICRP	23,300	$2.272M	1.1%	$65.83	+15.4%	COM	907818108
GIS	GENERAL MILLS INC	32,965	$2.105M	1.0%	$32.05	+56.0%	COM	370334104
MMM	3M COMPANY	10,892	$1.919M	0.9%	$61.68	+77.0%	COM	88579Y101
GRC	GORMAN-RUPPM	74,002	$1.895M	0.9%	$25.45	+6.0%	COM	383082104
FIS	FIDELITY NATL INFO SVCS	24,285	$1.87M	0.9%	$35.22	+88.3%	COM	31620M106
—	PANERA BREAD	9,600	$1.869M	0.9%	$185.22	—	COM	69840W108
—	INGERSOLL-RANDMPANY	27,230	$1.85M	0.9%	$55.52	—	COM	G47791101
MSFT	MICROSOFTRP	31,590	$1.819M	0.9%	$27.24	+84.6%	COM	594918104
DIS	DISNEY WALT HOLDING	19,345	$1.796M	0.9%	$57.48	+54.6%	COM	254687106
—	NEENAH PAPER INC	22,500	$1.777M	0.9%	$32.13	—	COM	640079109
SON	SONOCO PRODUCTS INC	33,500	$1.769M	0.9%	$23.25	+61.9%	COM	835495102
AVT	AVNET	42,850	$1.759M	0.9%	$25.85	+27.0%	COM	053807103
ABT	ABBOTT LABORATORIES	40,775	$1.724M	0.9%	$28.96	+24.8%	COM	002824100
CASY	CASEYS GENERAL STORES	14,149	$1.7M	0.8%	$64.27	+86.9%	COM	147528103
CPK	CHESAPEAKE UTIL	27,361	$1.67M	0.8%	$30.02	+79.5%	COM	165303108
—	ROWANMPANIES	107,453	$1.628M	0.8%	$33.97	—	COM	779382100
KO	COCA-COLAMPANY	34,028	$1.44M	0.7%	$27.91	+16.7%	COM	191216100
EL	LAUDER ESTEERP	15,772	$1.396M	0.7%	$58.38	+38.5%	COM	518439104
VLO	VALERO ENERGY	25,850	$1.37M	0.7%	$24.23	+51.6%	COM	91913Y100
DRI	DARDEN RESTURANTS INC	22,200	$1.361M	0.7%	$31.30	+52.3%	COM	237194105
OLN	OLINRP NEW	66,300	$1.36M	0.7%	$16.91	-2.2%	COM	680665205
HON	HONEYWELL INC	11,444	$1.334M	0.7%	$53.69	+60.3%	COM	438516106
—	BUNGE	22,465	$1.33M	0.7%	$71.04	—	COM	G16962105
SLB	SCHLUMBERGERF	16,603	$1.305M	0.6%	$53.97	+12.4%	COM	806857108
HD	HOME DEPOT INC	9,761	$1.256M	0.6%	$56.73	+87.4%	COM	437076102
AAPL	APPLE	11,009	$1.244M	0.6%	$19.31	+25.5%	COM	037833100
MET	METLIFE INC	27,857	$1.237M	0.6%	$26.65	+2.8%	COM	59156R108
NEM	NEWMONT MINING	30,948	$1.215M	0.6%	$21.31	+52.9%	COM	651639106
NSC	NORFOLK SOUTHERNRP	12,490	$1.212M	0.6%	$57.67	+30.3%	COM	655844108
—	STERIS PLC	16,550	$1.209M	0.6%	$55.99	—	COM	859152100
OKE	ONEOK, INC	22,654	$1.164M	0.6%	$19.60	+36.3%	COM	682680103
HP	HELMERICH & PAYNE INC	17,300	$1.164M	0.6%	$63.04	-0.4%	COM	423452101
GAP	GAP INC	51,750	$1.15M	0.6%	$26.04	-33.5%	COM	364760108
AIN	ALBANY INT'LRP	27,050	$1.146M	0.6%	$31.74	+18.0%	COM	012348108
BMY	BRISTOL MYERS SQUIBB	20,711	$1.116M	0.6%	$29.05	+58.8%	COM	110122108
MSA	MINE SAFTEY APPLIANCE	18,500	$1.073M	0.5%	$54.90	+1.9%	COM	553498106
—	CHUBB CORPORATION	8,475	$1.064M	0.5%	$90.76	—	COM	171232101
DE	DEERE &	12,350	$1.054M	0.5%	$68.19	+3.1%	COM	244199105
NTRS	NORTHERN TRUSTRP	15,516	$1.054M	0.5%	$40.63	+29.1%	COM	665859104
ATO	ATMOS ENERGYRP	13,950	$1.038M	0.5%	$31.05	+98.3%	COM	049560105
CE	CELANESERP	15,550	$1.035M	0.5%	$46.08	+18.6%	COM	150870103
AIT	APPLIED INDL TECH	21,700	$1.014M	0.5%	$37.18	+9.2%	COM	03820C105
MUR	MURPHY OILRP	33,360	$1.014M	0.5%	$34.50	-41.2%	COM	626717102
—	SPECTRA ENERGYRP	23,206	$992K	0.5%	$34.34	—	COM	847560109
D	DOMINION RESOURCES INC	13,300	$987K	0.5%	$34.53	+46.6%	COM	25746U109
CTAS	CINTASRP	8,750	$985K	0.5%	$9.70	+155.3%	COM	172908105
COST	COSTCO	6,425	$979K	0.5%	$86.56	+58.2%	COM	22160K105
KEX	KIRBYRP	15,590	$969K	0.5%	$83.86	-31.6%	COM	497266106
SR	SPIRE	15,000	$956K	0.5%	$70.79	—	COM	84857L101
LOW	LOWESMPANIES INC	13,204	$953K	0.5%	$32.55	+101.0%	COM	548661107
KEYS	KEYSIGHT TECHNOLOGIES INCM	29,949	$949K	0.5%	$31.97	-6.9%	COM	49338L103
SWK	STANLEY BLACK & DECKER INC	7,620	$937K	0.5%	$57.30	+64.7%	COM	854502101
TKR	TIMKENMPANY	25,750	$904K	0.4%	$39.56	-16.8%	COM	887389104
FELE	FRANKLIN ELEC INC	22,200	$903K	0.4%	$28.98	+18.5%	COM	353514102
—	DUKE ENERGYRPORATION	11,247	$900K	0.4%	$67.96	—	COM	26441C105
COP	CONOCOPHILLIPS	20,598	$895K	0.4%	$42.93	-27.5%	COM	20825C104
ADI	ANALOG DEVICES INC	13,900	$895K	0.4%	$34.29	+51.2%	COM	032654105
CAT	CATERPILLAR INC	9,913	$879K	0.4%	$63.39	+4.1%	COM	149123101
VZ	VERIZONMM	16,738	$870K	0.4%	$27.05	+21.6%	COM	92343V104
—	UNITED TECHNOLOGIESRP	8,540	$867K	0.4%	$93.92	—	COM	913017109
AXP	AMERICAN EXPRESS	12,960	$829K	0.4%	$62.75	-10.3%	COM	025816109
—	PIEDMONT NATURAL GAS	13,575	$815K	0.4%	$43.61	—	COM	505597104
—	EATONRPORATION	11,802	$775K	0.4%	$65.26	—	COM	278058102
GT	GOODYEAR TIRE & RUBBER	23,800	$768K	0.4%	$14.11	+106.2%	COM	382550101
—	DR PEPPER SNAPPLE GROUP	8,350	$762K	0.4%	$48.04	—	COM	26138E109
AMAT	APPLIED MATERIALS	25,100	$756K	0.4%	$12.71	+97.6%	COM	038222105
DOV	DOVERRPORATION	10,225	$752K	0.4%	$40.99	+20.8%	COM	260003108
—	CDK GLOBAL HOLDINGS	12,507	$717K	0.4%	$41.70	—	COM	12508E101
—	TESORORPORATION	9,000	$716K	0.4%	$52.28	—	COM	881609101
CVGW	CALAVO GROWERS	10,800	$706K	0.3%	$23.85	+128.7%	COM	128246105
—	DU PONT E I DE NEMOUR	10,312	$690K	0.3%	$53.84	—	COM	263534109
MRK	MERCK & INC	11,062	$690K	0.3%	$30.02	+45.7%	COM	58933Y105
SYK	STRYKERRP	5,900	$686K	0.3%	$56.92	+84.3%	COM	863667101
GLW	CORNING INC	28,325	$669K	0.3%	$10.57	+64.4%	COM	219350105
GPC	GENUINE PARTSM	6,260	$628K	0.3%	$55.02	+40.3%	COM	372460105
PH	PARKER-HANNIFINRP	4,700	$589K	0.3%	$75.97	+35.6%	COM	701094104
MUSA	MURPHY USA INC	8,227	$587K	0.3%	$38.02	+90.9%	COM	626755102
ALLE	ALLEGION PUBLIC	8,373	$576K	0.3%	$38.80	+62.8%	COM	G0176J109
BK	BANK OF NEW YORK	14,250	$568K	0.3%	$21.22	+47.5%	COM	064058100
—	XEROXRP	53,334	$540K	0.3%	$10.63	—	COM	984121103
PSX	PHILLIPS 66M	6,686	$538K	0.3%	$40.67	+33.8%	COM	718546104
PFE	PFIZER INC	15,716	$532K	0.3%	$16.85	+32.1%	COM	717081103
FLR	FLUORRPORATION	10,200	$523K	0.3%	$53.56	-11.3%	COM	343412102
—	NOBLE ENERGY INC	13,850	$494K	0.2%	$55.82	—	COM	655044105
INTC	INTEL	12,989	$490K	0.2%	$17.42	+64.3%	COM	458140100
WFC	WELLS FARGO & NEW	10,952	$484K	0.2%	$27.89	+32.0%	COM	949746101
MU	MICRON TECHNOLOGIES	26,400	$469K	0.2%	$11.50	+29.5%	COM	595112103
PAG	PENSKE AUTOMOTIVE GROUP	9,700	$467K	0.2%	$31.34	+32.7%	COM	70959W103
LUV	SOUTHWEST AIRLINES	12,000	$466K	0.2%	$11.86	+186.5%	COM	844741108
—	21ST CENT FOX	18,950	$458K	0.2%	$33.49	—	COM	90130A101
IBM	INTL BUSINESS MACHINES	2,866	$455K	0.2%	$118.79	-14.3%	COM	459200101
—	KANSAS CITY SOUTHERN NEW	4,800	$447K	0.2%	$106.53	—	COM	485170302
—	MEREDITHRP	8,500	$441K	0.2%	$47.73	—	COM	589433101
—	AMERITRADE HLDNGRP	12,250	$431K	0.2%	$24.54	—	COM	87236Y108
—	GOOGLE INC	534	$429K	0.2%	$590.63	—	COM	38259P508
—	RICHMONT MINES	42,500	$427K	0.2%	$1.99	—	COM	76547T106
NGVT	INGEVITYRPM	9,093	$419K	0.2%	$30.20	+39.8%	COM	45688C107
HAL	HALLIBURTONMPANY	9,017	$404K	0.2%	$33.33	+9.1%	COM	406216101
AWR	AMERICAN STATES WATER	9,400	$376K	0.2%	$21.56	+60.3%	COM	029899101
—	ASHLAND INC	3,200	$371K	0.2%	$119.62	—	COM	044209104
BP	BP PLC	10,479	$368K	0.2%	$41.74	—	COM	055622104
—	CREE INC	14,300	$367K	0.2%	$63.79	—	COM	225447101
—	ALUMINUM OF AMERICA	35,975	$364K	0.2%	$8.60	—	COM	013817101
MPC	MARATHON PETERPM	8,988	$364K	0.2%	$32.11	-5.5%	COM	56585A102
IP	INTERNATIONAL PAPER	7,575	$363K	0.2%	$25.97	+13.6%	COM	460146103
F	FORD MOTORMPANY	29,850	$360K	0.2%	$7.79	-1.3%	COM	345370860
SHW	SHERWIN WILLIAMS	1,300	$359K	0.2%	$53.48	+66.4%	COM	824348106
ICE	INTERCONTINENTAL EXCHANGE	1,300	$350K	0.2%	$34.99	+38.4%	COM	45866F104
ARTNA	ARTESIAN RESRP	12,250	$349K	0.2%	$15.13	+55.2%	COM	043113208
OGS	ONE GAS INCM	5,533	$342K	0.2%	$38.82	+63.4%	COM	68235P108
—	ANADARKO PETROLEUM	5,332	$337K	0.2%	$82.37	—	COM	032511107
PCAR	PACCAR INC	5,700	$335K	0.2%	$22.31	+19.6%	COM	693718108
—	CIMAREX ENERGY	2,500	$335K	0.2%	$96.40	—	COM	171798101
AMGN	AMGEN INC	1,980	$330K	0.2%	$74.12	+72.3%	COM	031162100
OXY	OCCIDENTAL PETERP	4,478	$326K	0.2%	$57.79	-0.7%	COM	674599105
CSX	CSXRP	9,900	$301K	0.1%	$6.91	+20.0%	COM	126408103
RIG	TRANSOCEAN SEDCO FOREX	28,082	$299K	0.1%	$48.84	-78.4%	COM	H8817H100
HBAN	HUNTINGTON BANCSHARES INC	30,200	$297K	0.1%	$4.74	+35.3%	COM	446150104
AEP	AMER ELECTRIC PWR	4,640	$297K	0.1%	$30.99	+55.9%	COM	025537101
—	ANGLOGOLD	18,140	$288K	0.1%	$15.18	—	COM	035128206
—	PIONEER NATURAL RES	1,550	$287K	0.1%	$125.30	—	COM	723787107
—	MARATHON OIL	17,880	$282K	0.1%	$31.90	—	COM	565849106
MWA	MUELLER WATER PRODUCTS	22,000	$276K	0.1%	$5.84	+75.7%	COM	624758108
—	BROCADEMMUNS SYS	29,400	$271K	0.1%	$6.06	—	COM	111621306
—	DENNYSRP	25,000	$267K	0.1%	$5.70	—	COM	24869P104
—	NUVEEN TX QLTY INCM MUN	17,300	$266K	0.1%	$13.90	—	COM	670983105
—	CST BRANDS INCM	5,451	$262K	0.1%	$39.10	—	COM	12646R105
—	FERRORP	18,900	$261K	0.1%	$7.54	—	COM	315405100
—	NEWFIELD EXPLORATION	5,900	$256K	0.1%	$35.08	—	COM	651290108
MATX	MATSON INCM	6,400	$255K	0.1%	$25.89	+20.6%	COM	57686G105
AEM	AGNICO-EAGLE MINES	4,700	$254K	0.1%	$38.05	+21.5%	COM	008474108
—	ENERGENRP	4,400	$253K	0.1%	$48.18	—	COM	29265N108
AZN	ASTRAZENECA PLC ADR	7,649	$251K	0.1%	$45.68	—	COM	046353108
—	PROS HOLDING INCM	10,900	$246K	0.1%	$29.57	—	COM	74346Y103
MEI	METHODE ELECTRONICS	7,000	$244K	0.1%	$22.87	+26.2%	COM	591520200
USB	US BANCORP DEL	5,600	$240K	0.1%	$22.41	+33.7%	COM	902973304
—	DIAMOND OFFSHR DRILLING	13,616	$239K	0.1%	$68.30	—	COM	25271C102
—	BANCORP SOUTH	9,758	$226K	0.1%	$22.44	—	COM	059692103
SKTP	SKYTOP LODGERP	309	$225K	0.1%	$764.18	-3.9%	COM	83087Y107
BDX	BECTON DICKINSON	1,240	$222K	0.1%	$138.32	+7.4%	COM	075887109
AVY	AVERY DENNISONRP	2,800	$217K	0.1%	$53.99	+19.3%	COM	053611109
NRT	NO EUROPEAN OIL TR	28,100	$216K	0.1%	$19.01	—	COM	659310106
ALEX	ALEXANDER & BALDWIN	5,600	$215K	0.1%	$39.18	—	COM	014491104
CFR	CULLEN FROST BANKERS	3,000	$215K	0.1%	$46.66	+13.1%	COM	229899109
—	BAKER HUGHES	4,250	$214K	0.1%	$50.35	—	COM	057224107
—	TWENTY FIRST CENTURY FOX INC C	8,600	$212K	0.1%	$33.29	—	COM	90130A200
PRK	PARK NATIONALRP	2,200	$211K	0.1%	$90.93	+2.7%	COM	700658107
CMA	COMERICA INC	4,466	$211K	0.1%	$31.08	0.0%	COM	200340107
—	CERNERRP	3,387	$209K	0.1%	$61.71	—	COM	156782104
CL	COLGATE-PALMOLIVE	2,800	$207K	0.1%	$56.89	+4.4%	COM	194162103
—	PATTERSONMPANIES	4,400	$202K	0.1%	$46.36	—	COM	703395103
PNC	PNC BANKRP	2,246	$202K	0.1%	$63.28	0.0%	COM	693475105
SCHW	THE CHARLES SCHWABRP	6,350	$200K	0.1%	$26.03	0.0%	COM	808513105
KEY	KEYCORP	16,191	$197K	0.1%	$6.48	+24.9%	COM	493267108
—	GOLDCORP INC NEW	10,700	$176K	0.1%	$25.11	—	COM	380956409
KGC	KINROSS GOLDRP NEW	37,073	$156K	0.1%	$3.96	+21.7%	COM	496902404
PBT	PERMIAN BASIN ROYALTY TR	19,900	$138K	0.1%	$12.16	—	COM	714236106
XPL	SOLITARIO EXPLORATION	207,290	$136K	0.1%	$1.31	-41.5%	COM	8342EP107
RF	REGIONS FINANCIAL CP NEW	13,442	$132K	0.1%	$5.82	+14.3%	COM	7591EP100
MTUS	TIMKENSTEELRPM	11,600	$121K	0.1%	$36.65	-72.9%	COM	887399103
PBR	PETROLEO BRASILERIO ADRF	11,375	$106K	0.1%	$13.47	—	COM	71654V408
HL	HECLA MINING	12,500	$71,000	0.0%	$2.97	+97.2%	COM	422704106
IAG	IAMGOLDRPORATION	16,760	$67,000	0.0%	$3.54	+28.9%	COM	450913108
—	YAMANA GOLD INC	10,380	$44,000	0.0%	$5.83	—	COM	98462Y100
—	PDL BIOPHARMA INC	11,300	$37,000	0.0%	$7.10	—	COM	69329Y104
—	GOLDEN STAR RESCDAF	19,500	$16,000	0.0%	$0.21	—	COM	38119T104