Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	VALSPAR CORP	792,535	$60.38M	12.7%	$64.67	—	COM	920355104
IBM	INTL BUSINESS MACHINES CORP	73,854	$13.39M	2.8%	$116.00	-3.2%	COM	459200101
MSFT	MICROSOFT CORP	302,091	$12.6M	2.6%	$26.75	+27.0%	COM	594918104
—	WALGREEN COMPANY	167,979	$12.45M	2.6%	$44.41	—	COM	931422109
HD	HOME DEPOT INC	153,414	$12.42M	2.6%	$56.05	+7.2%	COM	437076102
CVX	CHEVRON CORP	92,945	$12.13M	2.5%	$71.17	+6.7%	COM	166764100
PEP	PEPSICO INC	134,747	$12.04M	2.5%	$56.36	+8.1%	COM	713448108
—	GENERAL ELECTRIC COMPANY	446,646	$11.74M	2.5%	$24.01	—	COM	369604103
XOM	EXXON MOBIL CORP	115,889	$11.67M	2.4%	$53.97	+14.7%	COM	30231G102
—	HEWLETT-PACKARD COMPANY	333,035	$11.22M	2.4%	$25.72	—	COM	428236103
MMM	3M COMPANY	77,922	$11.16M	2.3%	$61.26	+32.3%	COM	88579Y101
PG	PROCTER & GAMBLE COMPANY	137,249	$10.79M	2.3%	$55.37	+5.3%	COM	742718109
ABT	ABBOTT LABORATORIES	257,983	$10.55M	2.2%	$28.95	+8.8%	COM	002824100
BAX	BAXTER INTERNATIONAL INC	142,897	$10.33M	2.2%	$30.63	+6.8%	COM	071813109
DE	DEERE & COMPANY	111,828	$10.13M	2.1%	$69.33	+6.9%	COM	244199105
GD	GENERAL DYNAMICS CORP	85,290	$9.941M	2.1%	$56.79	+55.9%	COM	369550108
—	SIGMA-ALDRICH CORP	94,755	$9.616M	2.0%	$80.70	—	COM	826552101
MCD	MCDONALDS CORP	93,696	$9.439M	2.0%	$71.62	+4.4%	COM	580135101
—	UNITED TECHNOLOGIES CORP	81,004	$9.352M	2.0%	$94.30	—	COM	913017109
—	ROYAL DUTCH SHELL PLC A ADR	109,752	$9.04M	1.9%	$64.69	—	COM	780257804
AFL	AFLAC INC	143,716	$8.946M	1.9%	$20.53	+15.4%	COM	001055102
BALL	BALL CORP	137,920	$8.645M	1.8%	$19.95	+30.5%	COM	058498106
—	L-3 COMMUNICATIONS HOLDINGS IN	67,685	$8.173M	1.7%	$95.26	—	COM	502424104
SYY	SYSCO CORP	215,493	$8.07M	1.7%	$24.61	+9.3%	COM	871829107
CL	COLGATE-PALMOLIVE CO	117,440	$8.007M	1.7%	$44.62	+14.8%	COM	194162103
QCOM	QUALCOMM INC	100,290	$7.943M	1.7%	$47.57	+20.4%	COM	747525103
BDX	BECTON DICKINSON & COMPANY	67,110	$7.939M	1.7%	$78.52	+20.6%	COM	075887109
OMC	OMNICOM GROUP INC	109,335	$7.787M	1.6%	$40.92	+15.7%	COM	681919106
UNH	UNITEDHEALTH GROUP INC	87,168	$7.126M	1.5%	$50.75	+28.5%	COM	91324P102
—	APACHE CORP	66,324	$6.674M	1.4%	$83.83	—	COM	037411105
—	ST JUDE MEDICAL INC	63,025	$4.364M	0.9%	$45.63	—	COM	790849103
JNJ	JOHNSON & JOHNSON	40,096	$4.195M	0.9%	$59.66	+22.6%	COM	478160104
—	MEDTRONIC INC	61,179	$3.901M	0.8%	$51.97	—	COM	585055106
CBKCQ	CHRISTOPHER & BANKS CORP	443,895	$3.889M	0.8%	$6.76	+2.3%	COM	171046105
AMGN	AMGEN INC	31,699	$3.752M	0.8%	$74.19	+12.4%	COM	031162100
TGT	TARGET CORP	64,528	$3.739M	0.8%	$46.90	-11.2%	COM	87612E106
WFC	WELLS FARGO & COMPANY	63,656	$3.346M	0.7%	$27.75	+30.8%	COM	949746101
ABBV	ABBVIE INC	58,529	$3.303M	0.7%	$26.59	+24.0%	COM	00287Y109
CSCO	CISCO SYSTEMS INC	129,669	$3.222M	0.7%	$15.24	+9.2%	COM	17275R102
KMB	KIMBERLY-CLARK CORP	27,060	$3.01M	0.6%	$63.14	+13.6%	COM	494368103
ECL	ECOLAB INC	25,302	$2.817M	0.6%	$75.18	+25.4%	COM	278865100
INTC	INTEL CORP	88,892	$2.747M	0.6%	$17.23	+20.0%	COM	458140100
USB	US BANCORP	60,606	$2.625M	0.6%	$22.41	+24.6%	COM	902973304
DCI	DONALDSON COMPANY INC	61,387	$2.598M	0.5%	$29.72	+15.6%	COM	257651109
SYK	STRYKER CORP	30,125	$2.54M	0.5%	$57.04	+24.7%	COM	863667101
—	ORACLE CORP	61,011	$2.473M	0.5%	$30.70	—	COM	68389x105
—	AUTO DATA PROCESSING INC	28,376	$2.25M	0.5%	$68.86	—	COM	053301510
COP	CONOCOPHILLIPS	24,887	$2.134M	0.4%	$40.77	+30.8%	COM	20825C104
SLB	SCHLUMBERGER LIMITED	17,682	$2.086M	0.4%	$54.00	+38.6%	COM	806857108
TJX	TJX COMPANIES INC	39,180	$2.082M	0.4%	$20.82	+16.9%	COM	872540109
T	AT&T INC	57,631	$2.038M	0.4%	$11.38	+3.5%	COM	00206R102
—	EMC CORP	76,840	$2.024M	0.4%	$24.06	—	COM	268648102
XEL	XCEL ENERGY INC	61,319	$1.976M	0.4%	$19.69	+8.4%	COM	98389B100
GGG	GRACO INC	23,400	$1.827M	0.4%	$16.98	+24.0%	COM	384109104
HON	HONEYWELL INTL INC	19,140	$1.779M	0.4%	$53.28	+23.3%	COM	438516106
AAPL	APPLE INC	19,103	$1.775M	0.4%	$17.87	+4.4%	COM	037833100
HAL	HALLIBURTON COMPANY	24,940	$1.771M	0.4%	$33.79	+52.4%	COM	406216101
VZ	VERIZON COMMUNICATIONS INC	36,031	$1.763M	0.4%	$26.96	-0.6%	COM	92343V104
EMR	EMERSON ELECTRIC COMPANY	25,710	$1.706M	0.4%	$40.02	+22.8%	COM	291011104
TRV	TRAVELERS COMPANIES INC	17,855	$1.68M	0.4%	$63.60	+10.9%	COM	89417E109
ADM	ARCHER DANIELS MIDLAND CO	37,679	$1.662M	0.3%	$23.37	+35.3%	COM	039483102
CNP	CENTERPOINT ENERGY INC	63,993	$1.634M	0.3%	$15.27	+5.9%	COM	15189T107
KO	COCA-COLA COMPANY	38,562	$1.633M	0.3%	$27.70	+1.5%	COM	191216100
GIS	GENERAL MILLS INC	29,679	$1.559M	0.3%	$32.24	+10.9%	COM	370334104
D	DOMINION RES INC	21,400	$1.531M	0.3%	$34.54	+24.3%	COM	25746U109
—	TECHNE CORP COMMON	16,260	$1.505M	0.3%	$69.57	—	COM	878377100
PFE	PFIZER INC	48,945	$1.453M	0.3%	$16.47	+6.6%	COM	717081103
MKC	MCCORMICK & COMPANY INC	19,619	$1.405M	0.3%	$28.17	+1.4%	COM	579780206
CHRW	C H ROBINSON WORLDWIDE INC	20,617	$1.315M	0.3%	$42.88	+4.2%	COM	12541W209
LLY	ELI LILLY & COMPANY	20,989	$1.305M	0.3%	$42.21	+13.8%	COM	532457108
—	JOHNSON CONTROLS INC	26,076	$1.302M	0.3%	$36.37	—	COM	478366107
NKE	NIKE INC CL B	14,888	$1.155M	0.2%	$26.53	+21.2%	COM	654106103
CAT	CATERPILLAR INC	10,142	$1.102M	0.2%	$61.59	+26.7%	COM	149123101
GPC	GENUINE PARTS COMPANY	12,110	$1.063M	0.2%	$54.21	+13.7%	COM	372460105
NVS	NOVARTIS AG SPON ADR	10,845	$982K	0.2%	$70.71	—	COM	66987V109
LEG	LEGGETT & PLATT INC	28,230	$968K	0.2%	$30.84	+8.0%	COM	524660107
WMT	WAL-MART STORES INC	12,645	$949K	0.2%	$19.98	+2.7%	COM	931142103
—	MERCK & CO INC	15,852	$917K	0.2%	$46.60	—	COM	589331107
ROST	ROSS STORES INC	13,620	$901K	0.2%	$28.26	+8.3%	COM	778296103
—	BEMIS COMPANY INC	21,747	$884K	0.2%	$39.28	—	COM	081143710
WMB	WILLIAMS COMPANIES INC	14,478	$843K	0.2%	$18.05	+33.9%	COM	969457100
AXP	AMERICAN EXPRESS COMPANY	8,773	$832K	0.2%	$59.62	+28.1%	COM	025816109
—	RAYTHEON COMPANY	8,734	$806K	0.2%	$66.11	—	COM	755111507
KSS	KOHLS CORP	15,125	$797K	0.2%	$49.51	+9.4%	COM	500255104
BP	BP PLC SPONS ADR	14,895	$786K	0.2%	$41.99	—	COM	055622104
—	CR BARD INC	5,140	$735K	0.2%	$108.67	—	COM	067383109
MDU	MDU RESOURCES GROUP	19,650	$690K	0.1%	$6.60	+38.7%	COM	552690109
MCK	MCKESSON CORP	3,400	$633K	0.1%	$102.61	+59.1%	COM	58155Q103
ERIC	ERICSSON TELEPHONE COMPANY	50,008	$604K	0.1%	$11.28	—	COM	294821608
—	ENSCO PLC CL A	10,700	$595K	0.1%	$57.35	—	COM	G3157S106
PSX	PHILLIPS 66	7,371	$593K	0.1%	$40.63	+33.4%	COM	718546104
DHR	DANAHER CORP	7,490	$590K	0.1%	$25.03	+24.2%	COM	235851102
JPM	JP MORGAN CHASE & COMPANY	9,368	$540K	0.1%	$36.58	+12.6%	COM	46625H100
—	HUBBELL INC CL B	4,000	$493K	0.1%	$99.00	—	COM	443510201
ITW	ILLINOIS TOOL WORKS INC	5,583	$489K	0.1%	$49.85	+31.3%	COM	452308109
BMY	BRISTOL-MYERS SQUIBB COMPANY	9,969	$484K	0.1%	$28.67	+16.9%	COM	110122108
CVS	CVS CAREMARK CORP	6,257	$472K	0.1%	$41.44	+32.5%	COM	126650100
RY	ROYAL BANK CANADA MONTREAL	6,560	$469K	0.1%	$61.25	+10.7%	COM	780087102
FUL	HB FULLER COMPANY	8,800	$423K	0.1%	$33.69	+22.5%	COM	359694106
—	TORCHMARK CORP	5,078	$416K	0.1%	$65.18	—	COM	891027104
—	L BRANDS INC	7,050	$414K	0.1%	$52.51	—	COM	501797104
CLX	CLOROX COMPANY	4,530	$414K	0.1%	$60.54	+6.6%	COM	189054109
SWK	STANLEY BLACK & DECKER INC	4,462	$392K	0.1%	$56.98	+11.4%	COM	854502101
SO	SOUTHERN COMPANY	8,553	$388K	0.1%	$24.94	+8.1%	COM	842587107
EPD	ENTERPRISE PRD PARTNERS LP	4,960	$388K	0.1%	$78.23	—	COM	293792107
BA	BOEING COMPANY	3,000	$382K	0.1%	$89.54	+25.7%	COM	097023105
LOW	LOWES COMPANIES INC	7,969	$382K	0.1%	$32.46	+16.6%	COM	548661107
—	PRAXAIR INC	2,865	$381K	0.1%	$115.30	—	COM	74005P104
FAST	FASTENAL COMPANY	7,685	$380K	0.1%	$8.83	+3.2%	COM	311900104
—	BERKSHIRE HATHAWAY CL B	2,902	$367K	0.1%	$124.92	—	COM	084670207
UNP	UNION PACIFIC CORP	3,604	$359K	0.1%	$64.97	+15.1%	COM	907818108
NEE	NEXTERA ENERGY INC	3,449	$353K	0.1%	$14.27	+25.6%	COM	65339F101
—	DU PONT EI DE NEMOURS & COMPAN	5,218	$341K	0.1%	$52.51	—	COM	263534109
—	TCF FINANCIAL CORP	20,500	$336K	0.1%	$14.21	—	COM	872275102
VAC	MARRIOTT VACATIONS CORP	5,649	$331K	0.1%	$44.02	+27.1%	COM	57164Y107
—	DOW CHEMICAL COMPANY	6,033	$310K	0.1%	$38.99	—	COM	260543103
HRL	HORMEL FOODS CORP	6,240	$308K	0.1%	$15.25	+21.0%	COM	440452100
TSCO	TRACTOR SUPPLY COMPANY	5,100	$308K	0.1%	$9.83	+12.8%	COM	892356106
—	PLUM CREEK TIMBER COMPANY INC	6,200	$280K	0.1%	$46.59	—	COM	729251108
—	PENTAIR LTD	3,615	$261K	0.1%	$60.41	—	COM	H6169Q108
NTRS	NORTHERN TRUST CORP	4,050	$260K	0.1%	$40.35	+12.7%	COM	665859104
—	BARRICK GOLD CORP	13,650	$250K	0.1%	$16.47	—	COM	067901108
CAG	CONAGRA FOODS INC	8,100	$240K	0.1%	$17.69	-7.8%	COM	205887102
—	MAGELLAN MIDSTREAM PARTNERS LP	2,800	$235K	0.0%	$83.93	—	COM	559080106
DTE	DTE ENERGY COMPANY	3,000	$234K	0.0%	$39.45	+11.2%	COM	233331107
DLX	DE LUXE CORP	4,000	$234K	0.0%	$30.55	+15.7%	COM	248019101
BEN	FRANKLIN RESOURCES INC	3,965	$229K	0.0%	$32.15	+1.8%	COM	354613101
AMP	AMERIPRISE FINANCIAL INC	1,800	$216K	0.0%	$87.59	0.0%	COM	03076C106
SCHW	CHARLES SCHWAB CORP	7,700	$207K	0.0%	$15.92	+43.6%	COM	808513105
—	TUPPERWARE BRANDS CORP	2,400	$201K	0.0%	$86.25	—	COM	899896104
—	GRAHAM HOLDINGS COMPANY	280	$201K	0.0%	$717.86	—	COM	939640108
—	FOREST OIL CORP	20,000	$46,000	0.0%	$6.10	—	COM	346091705