Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	VALSPAR CORP	792,523	$57.16M	12.5%	$64.67	—	COM	920355104
IBM	INTL BUSINESS MACHINES CORP	64,739	$12.46M	2.7%	$116.52	-6.3%	COM	459200101
MSFT	MICROSOFT CORP	299,150	$12.26M	2.7%	$26.75	+16.9%	COM	594918104
HD	HOME DEPOT INC	153,164	$12.12M	2.7%	$56.05	+7.5%	COM	437076102
XOM	EXXON MOBIL CORP	115,629	$11.29M	2.5%	$53.97	+7.6%	COM	30231G102
—	WALGREEN COMPANY	169,679	$11.2M	2.5%	$44.41	—	COM	931422109
CVX	CHEVRON CORP	93,255	$11.09M	2.4%	$71.17	-1.1%	COM	166764100
PEP	PEPSICO INC	128,777	$10.75M	2.4%	$56.15	+1.3%	COM	713448108
MMM	3M COMPANY	78,282	$10.62M	2.3%	$61.26	+24.5%	COM	88579Y101
PG	PROCTER & GAMBLE COMPANY	127,844	$10.3M	2.3%	$55.16	+2.5%	COM	742718109
—	GENERAL ELECTRIC COMPANY	384,817	$9.963M	2.2%	$23.64	—	COM	369604103
ABT	ABBOTT LABORATORIES	255,317	$9.832M	2.2%	$28.92	+6.3%	COM	002824100
—	HEWLETT-PACKARD COMPANY	298,760	$9.668M	2.1%	$24.81	—	COM	428236103
GD	GENERAL DYNAMICS CORP	85,340	$9.295M	2.0%	$56.79	+41.0%	COM	369550108
BAX	BAXTER INTERNATIONAL INC	124,531	$9.163M	2.0%	$30.32	+0.1%	COM	071813109
—	UNITED TECHNOLOGIES CORP	77,904	$9.102M	2.0%	$93.46	—	COM	913017109
—	SIGMA-ALDRICH CORP	94,755	$8.848M	1.9%	$80.70	—	COM	826552101
MCD	MCDONALDS CORP	89,821	$8.805M	1.9%	$71.49	-1.7%	COM	580135101
DE	DEERE & COMPANY	93,777	$8.515M	1.9%	$68.40	+2.5%	COM	244199105
AFL	AFLAC INC	130,975	$8.257M	1.8%	$20.22	+18.6%	COM	001055102
—	L-3 COMMUNICATIONS HOLDINGS IN	67,585	$7.985M	1.8%	$95.26	—	COM	502424104
—	ROYAL DUTCH SHELL PLC A ADR	109,152	$7.975M	1.8%	$64.69	—	COM	780257804
BDX	BECTON DICKINSON & COMPANY	67,110	$7.857M	1.7%	$78.52	+16.4%	COM	075887109
OMC	OMNICOM GROUP INC	106,060	$7.7M	1.7%	$40.72	+22.1%	COM	681919106
CL	COLGATE-PALMOLIVE CO	117,540	$7.625M	1.7%	$44.62	+7.3%	COM	194162103
BALL	BALL CORP	137,920	$7.559M	1.7%	$19.95	+18.0%	COM	058498106
QCOM	QUALCOMM INC	94,582	$7.459M	1.6%	$46.98	+15.0%	COM	747525103
SYY	SYSCO CORP	203,373	$7.348M	1.6%	$24.47	+6.7%	COM	871829107
UNH	UNITEDHEALTH GROUP INC	87,228	$7.152M	1.6%	$50.75	+22.4%	COM	91324P102
SYK	STRYKER CORP	70,145	$5.715M	1.3%	$57.04	+21.0%	COM	863667101
—	APACHE CORP	65,879	$5.465M	1.2%	$83.83	—	COM	037411105
—	MERCK & CO INC	82,798	$4.7M	1.0%	$46.60	—	COM	589331107
ADM	ARCHER DANIELS MIDLAND CO	106,803	$4.634M	1.0%	$23.37	+25.5%	COM	039483102
—	ST JUDE MEDICAL INC	62,875	$4.111M	0.9%	$45.63	—	COM	790849103
JNJ	JOHNSON & JOHNSON	40,226	$3.951M	0.9%	$59.66	+11.7%	COM	478160104
—	MEDTRONIC INC	60,876	$3.746M	0.8%	$51.97	—	COM	585055106
TGT	TARGET CORP	61,754	$3.737M	0.8%	$47.13	-11.6%	COM	87612E106
AMGN	AMGEN INC	29,979	$3.698M	0.8%	$73.66	+18.0%	COM	031162100
WFC	WELLS FARGO & COMPANY	62,206	$3.094M	0.7%	$27.55	+21.3%	COM	949746101
ABBV	ABBVIE INC	58,529	$3.008M	0.7%	$26.59	+18.5%	COM	00287Y109
KMB	KIMBERLY-CLARK CORP	27,060	$2.983M	0.7%	$63.14	+9.9%	COM	494368103
CBKCQ	CHRISTOPHER & BANKS CORP	443,895	$2.934M	0.6%	$6.76	+0.8%	COM	171046105
CSCO	CISCO SYSTEMS INC	128,389	$2.878M	0.6%	$15.24	+0.4%	COM	17275R102
ECL	ECOLAB INC	26,162	$2.825M	0.6%	$75.18	+22.3%	COM	278865100
USB	US BANCORP	61,161	$2.621M	0.6%	$22.41	+22.0%	COM	902973304
DCI	DONALDSON COMPANY INC	61,387	$2.603M	0.6%	$29.72	+16.2%	COM	257651109
—	ORACLE CORP	60,711	$2.484M	0.5%	$30.70	—	COM	68389x105
TJX	TJX COMPANIES INC	40,560	$2.46M	0.5%	$20.82	+23.7%	COM	872540109
INTC	INTEL CORP	90,392	$2.333M	0.5%	$17.23	+8.4%	COM	458140100
—	AUTO DATA PROCESSING INC	28,376	$2.192M	0.5%	$68.86	—	COM	053301510
—	EMC CORP	75,236	$2.062M	0.5%	$24.01	—	COM	268648102
T	AT&T INC	56,181	$1.97M	0.4%	$11.37	-4.6%	COM	00206R102
XEL	XCEL ENERGY INC	61,019	$1.853M	0.4%	$19.69	+1.0%	COM	98389B100
SLB	SCHLUMBERGER LIMITED	18,500	$1.804M	0.4%	$54.00	+21.3%	COM	806857108
GGG	GRACO INC	24,000	$1.794M	0.4%	$16.98	+25.1%	COM	384109104
HON	HONEYWELL INTL INC	19,280	$1.788M	0.4%	$53.28	+21.5%	COM	438516106
COP	CONOCOPHILLIPS	24,852	$1.748M	0.4%	$40.77	+11.4%	COM	20825C104
VZ	VERIZON COMMUNICATIONS INC	35,937	$1.71M	0.4%	$26.96	-4.0%	COM	92343V104
EMR	EMERSON ELECTRIC COMPANY	25,540	$1.706M	0.4%	$40.02	+19.4%	COM	291011104
PFE	PFIZER INC	48,914	$1.571M	0.3%	$16.47	+10.5%	COM	717081103
TRV	TRAVELERS COMPANIES INC	17,855	$1.519M	0.3%	$63.60	+1.6%	COM	89417E109
D	DOMINION RES INC	21,400	$1.519M	0.3%	$34.54	+20.0%	COM	25746U109
CNP	CENTERPOINT ENERGY INC	63,993	$1.516M	0.3%	$15.27	+1.6%	COM	15189T107
GIS	GENERAL MILLS INC	28,929	$1.499M	0.3%	$32.15	+2.5%	COM	370334104
KO	COCA-COLA COMPANY	38,562	$1.491M	0.3%	$27.70	-4.1%	COM	191216100
HAL	HALLIBURTON COMPANY	25,140	$1.48M	0.3%	$33.79	+26.6%	COM	406216101
AAPL	APPLE INC	2,729	$1.465M	0.3%	$13.16	+26.0%	COM	037833100
—	TECHNE CORP COMMON	16,660	$1.422M	0.3%	$69.57	—	COM	878377100
MKC	MCCORMICK & COMPANY INC	19,619	$1.407M	0.3%	$28.17	-4.9%	COM	579780206
LLY	ELI LILLY & COMPANY	21,169	$1.246M	0.3%	$42.21	+5.5%	COM	532457108
—	JOHNSON CONTROLS INC	25,026	$1.184M	0.3%	$35.80	—	COM	478366107
NKE	NIKE INC CL B	14,888	$1.1M	0.2%	$26.53	+22.7%	COM	654106103
CHRW	C H ROBINSON WORLDWIDE INC	20,687	$1.084M	0.2%	$42.88	-4.1%	COM	12541W209
CAT	CATERPILLAR INC	10,642	$1.057M	0.2%	$61.59	+13.2%	COM	149123101
GPC	GENUINE PARTS COMPANY	12,110	$1.052M	0.2%	$54.21	+10.8%	COM	372460105
ROST	ROSS STORES INC	13,600	$973K	0.2%	$28.26	+11.6%	COM	778296103
WMT	WAL-MART STORES INC	12,545	$959K	0.2%	$19.98	-0.4%	COM	931142103
MDU	MDU RESOURCES GROUP	27,700	$950K	0.2%	$6.60	+31.1%	COM	552690109
NVS	NOVARTIS AG SPON ADR	10,845	$922K	0.2%	$70.71	—	COM	66987V109
LEG	LEGGETT & PLATT INC	28,230	$921K	0.2%	$30.84	+0.4%	COM	524660107
—	RAYTHEON COMPANY	8,734	$863K	0.2%	$66.11	—	COM	755111507
KSS	KOHLS CORP	15,125	$859K	0.2%	$49.51	+8.3%	COM	500255104
—	BEMIS COMPANY INC	21,747	$853K	0.2%	$39.28	—	COM	081143710
AXP	AMERICAN EXPRESS COMPANY	8,773	$790K	0.2%	$59.62	+26.6%	COM	025816109
—	CR BARD INC	5,190	$768K	0.2%	$108.67	—	COM	067383109
BP	BP PLC SPONS ADR	14,895	$716K	0.2%	$41.99	—	COM	055622104
ERIC	ERICSSON TELEPHONE COMPANY	50,008	$667K	0.1%	$11.28	—	COM	294821608
MCK	MCKESSON CORP	3,400	$600K	0.1%	$102.61	+56.1%	COM	58155Q103
WMB	WILLIAMS COMPANIES INC	14,478	$588K	0.1%	$18.05	+15.9%	COM	969457100
PSX	PHILLIPS 66	7,498	$578K	0.1%	$40.63	+22.6%	COM	718546104
—	ENSCO PLC CL A	10,700	$565K	0.1%	$57.35	—	COM	G3157S106
JPM	JP MORGAN CHASE & COMPANY	9,268	$563K	0.1%	$36.53	+15.2%	COM	46625H100
DHR	DANAHER CORP	7,490	$562K	0.1%	$25.03	+22.9%	COM	235851102
BMY	BRISTOL-MYERS SQUIBB COMPANY	9,969	$518K	0.1%	$28.67	+25.3%	COM	110122108
—	HUBBELL INC CL B	4,000	$479K	0.1%	$99.00	—	COM	443510201
FAST	FASTENAL COMPANY	9,685	$477K	0.1%	$8.83	-2.9%	COM	311900104
CVS	CVS CAREMARK CORP	6,257	$468K	0.1%	$41.44	+23.3%	COM	126650100
ITW	ILLINOIS TOOL WORKS INC	5,583	$454K	0.1%	$49.85	+22.9%	COM	452308109
FUL	HB FULLER COMPANY	8,800	$425K	0.1%	$33.69	+23.4%	COM	359694106
BA	BOEING COMPANY	3,250	$408K	0.1%	$89.54	+24.7%	COM	097023105
—	TORCHMARK CORP	5,078	$400K	0.1%	$65.18	—	COM	891027104
—	L BRANDS INC	7,000	$397K	0.1%	$52.51	—	COM	501797104
LOW	LOWES COMPANIES INC	7,969	$390K	0.1%	$32.46	+20.2%	COM	548661107
CLX	CLOROX COMPANY	4,360	$384K	0.1%	$60.38	+3.8%	COM	189054109
RY	ROYAL BANK CANADA MONTREAL	5,810	$383K	0.1%	$60.40	+7.0%	COM	780087102
UNP	UNION PACIFIC CORP	2,002	$376K	0.1%	$57.13	+19.5%	COM	907818108
—	PRAXAIR INC	2,865	$375K	0.1%	$115.30	—	COM	74005P104
—	BERKSHIRE HATHAWAY CL B	3,002	$375K	0.1%	$124.92	—	COM	084670207
SWK	STANLEY BLACK & DECKER INC	4,462	$362K	0.1%	$56.98	+4.2%	COM	854502101
TSCO	TRACTOR SUPPLY COMPANY	5,100	$360K	0.1%	$9.83	+21.5%	COM	892356106
—	DU PONT EI DE NEMOURS & COMPAN	5,218	$350K	0.1%	$52.51	—	COM	263534109
—	TCF FINANCIAL CORP	20,500	$342K	0.1%	$14.21	—	COM	872275102
NEE	NEXTERA ENERGY INC	3,449	$330K	0.1%	$14.27	+16.1%	COM	65339F101
SO	SOUTHERN COMPANY	7,403	$325K	0.1%	$24.62	+2.7%	COM	842587107
VAC	MARRIOTT VACATIONS CORP	5,649	$316K	0.1%	$44.02	+17.4%	COM	57164Y107
HRL	HORMEL FOODS CORP	6,240	$307K	0.1%	$15.25	+14.9%	COM	440452100
—	DOW CHEMICAL COMPANY	6,033	$293K	0.1%	$38.99	—	COM	260543103
—	PENTAIR LTD	3,615	$287K	0.1%	$60.41	—	COM	H6169Q108
NTRS	NORTHERN TRUST CORP	4,050	$266K	0.1%	$40.35	+12.9%	COM	665859104
—	PLUM CREEK TIMBER COMPANY INC	6,200	$261K	0.1%	$46.59	—	COM	729251108
PII	POLARIS INDUSTRIES INC	1,800	$251K	0.1%	$112.28	+20.2%	COM	731068102
CAG	CONAGRA FOODS INC	8,100	$251K	0.1%	$17.69	-9.3%	COM	205887102
—	BARRICK GOLD CORP	13,650	$243K	0.1%	$16.47	—	COM	067901108
SCHW	CHARLES SCHWAB CORP	8,518	$233K	0.1%	$15.92	+42.6%	COM	808513105
DTE	DTE ENERGY COMPANY	3,000	$223K	0.0%	$39.45	0.0%	COM	233331107
BEN	FRANKLIN RESOURCES INC	3,965	$215K	0.0%	$32.15	0.0%	COM	354613101
DLX	DE LUXE CORP	4,000	$210K	0.0%	$30.55	+5.8%	COM	248019101
—	TESORO CORP	4,000	$202K	0.0%	$58.50	—	COM	881609101
—	TUPPERWARE BRANDS CORP	2,400	$201K	0.0%	$86.25	—	COM	899896104
—	MIDSTATES PETROLEUM COMPANY IN	14,300	$77,000	0.0%	$5.10	—	COM	59804T100
—	FOREST OIL CORP	20,000	$38,000	0.0%	$6.10	—	COM	346091705
—	POLYMET MINING CORP	18,000	$25,000	0.0%	$0.70	—	COM	731916102