Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	VALSPAR CORP	791,517	$62.52M	12.8%	$64.67	—	COM	920355104
IBM	INTL BUSINESS MACHINES CORP	74,334	$14.11M	2.9%	$116.00	-1.4%	COM	459200101
MSFT	MICROSOFT CORP	301,511	$13.98M	2.9%	$26.75	+40.8%	COM	594918104
HD	HOME DEPOT INC	148,264	$13.6M	2.8%	$56.05	+17.3%	COM	437076102
—	SIGMA-ALDRICH CORP	87,705	$11.93M	2.4%	$80.70	—	COM	826552101
PEP	PEPSICO INC	125,197	$11.65M	2.4%	$56.36	+15.1%	COM	713448108
—	GENERAL ELECTRIC COMPANY	454,455	$11.64M	2.4%	$24.04	—	COM	369604103
—	HEWLETT-PACKARD COMPANY	326,835	$11.59M	2.4%	$25.72	—	COM	428236103
PG	PROCTER & GAMBLE COMPANY	138,315	$11.58M	2.4%	$55.37	+7.9%	COM	742718109
XOM	EXXON MOBIL CORP	117,994	$11.1M	2.3%	$54.10	+13.7%	COM	30231G102
MMM	3M COMPANY	78,137	$11.07M	2.3%	$61.26	+36.3%	COM	88579Y101
ABT	ABBOTT LABORATORIES	257,493	$10.71M	2.2%	$28.95	+17.9%	COM	002824100
CVX	CHEVRON CORP	88,640	$10.58M	2.2%	$71.17	+10.3%	COM	166764100
—	WALGREEN COMPANY	172,469	$10.22M	2.1%	$44.79	—	COM	931422109
BAX	BAXTER INTERNATIONAL INC	140,527	$10.09M	2.1%	$30.63	+9.2%	COM	071813109
GD	GENERAL DYNAMICS CORP	73,940	$9.397M	1.9%	$56.79	+67.4%	COM	369550108
DE	DEERE & COMPANY	112,428	$9.218M	1.9%	$69.33	+0.1%	COM	244199105
—	UNITED TECHNOLOGIES CORP	85,994	$9.081M	1.9%	$94.96	—	COM	913017109
MCD	MCDONALDS CORP	95,355	$9.041M	1.9%	$71.62	-0.5%	COM	580135101
AFL	AFLAC INC	149,695	$8.72M	1.8%	$20.64	+12.6%	COM	001055102
BALL	BALL CORP	134,160	$8.488M	1.7%	$19.95	+42.3%	COM	058498106
—	L-3 COMMUNICATIONS HOLDINGS IN	70,885	$8.43M	1.7%	$96.33	—	COM	502424104
—	ROYAL DUTCH SHELL PLC A ADR	109,052	$8.302M	1.7%	$64.69	—	COM	780257804
SYY	SYSCO CORP	217,993	$8.273M	1.7%	$24.64	+11.9%	COM	871829107
RY	ROYAL BANK CANADA MONTREAL	114,230	$8.162M	1.7%	$72.90	+1.0%	COM	780087102
QCOM	QUALCOMM INC	105,500	$7.888M	1.6%	$47.96	+15.6%	COM	747525103
OMC	OMNICOM GROUP INC	114,185	$7.863M	1.6%	$41.26	+18.3%	COM	681919106
BDX	BECTON DICKINSON & COMPANY	68,210	$7.763M	1.6%	$78.79	+21.5%	COM	075887109
UNH	UNITEDHEALTH GROUP INC	89,973	$7.76M	1.6%	$51.36	+37.0%	COM	91324P102
CL	COLGATE-PALMOLIVE CO	112,890	$7.363M	1.5%	$44.62	+13.6%	COM	194162103
—	APACHE CORP	66,844	$6.275M	1.3%	$83.83	—	COM	037411105
AMGN	AMGEN INC	32,208	$4.524M	0.9%	$74.51	+26.9%	COM	031162100
CBKCQ	CHRISTOPHER & BANKS CORP	443,895	$4.39M	0.9%	$6.76	+41.9%	COM	171046105
JNJ	JOHNSON & JOHNSON	39,916	$4.255M	0.9%	$59.66	+26.7%	COM	478160104
TGT	TARGET CORP	65,998	$4.137M	0.8%	$46.81	-7.7%	COM	87612E106
—	ST JUDE MEDICAL INC	63,655	$3.828M	0.8%	$45.63	—	COM	790849103
—	MEDTRONIC INC	60,557	$3.751M	0.8%	$51.97	—	COM	585055106
ABBV	ABBVIE INC	57,829	$3.34M	0.7%	$26.59	+32.3%	COM	00287Y109
WFC	WELLS FARGO & COMPANY	64,006	$3.32M	0.7%	$27.75	+34.8%	COM	949746101
CSCO	CISCO SYSTEMS INC	131,209	$3.303M	0.7%	$15.27	+15.9%	COM	17275R102
INTC	INTEL CORP	88,892	$3.095M	0.6%	$17.23	+49.4%	COM	458140100
TJX	TJX COMPANIES INC	50,750	$3.003M	0.6%	$21.57	+11.8%	COM	872540109
KMB	KIMBERLY-CLARK CORP	27,670	$2.976M	0.6%	$63.31	+11.9%	COM	494368103
ECL	ECOLAB INC	24,947	$2.865M	0.6%	$75.18	+32.0%	COM	278865100
USB	US BANCORP	62,251	$2.604M	0.5%	$22.57	+25.9%	COM	902973304
DCI	DONALDSON COMPANY INC	61,787	$2.51M	0.5%	$29.72	+13.4%	COM	257651109
SYK	STRYKER CORP	29,705	$2.399M	0.5%	$57.04	+26.1%	COM	863667101
—	AUTO DATA PROCESSING INC	28,376	$2.357M	0.5%	$68.86	—	COM	053301510
—	ORACLE CORP	61,011	$2.336M	0.5%	$30.70	—	COM	68389x105
—	EMC CORP	77,340	$2.263M	0.5%	$24.06	—	COM	268648102
T	AT&T INC	60,381	$2.128M	0.4%	$11.41	+4.3%	COM	00206R102
AAPL	APPLE INC	19,398	$1.954M	0.4%	$17.93	+20.6%	COM	037833100
COP	CONOCOPHILLIPS	25,542	$1.954M	0.4%	$41.18	+37.6%	COM	20825C104
XEL	XCEL ENERGY INC	63,419	$1.928M	0.4%	$19.76	+10.1%	COM	98389B100
VZ	VERIZON COMMUNICATIONS INC	37,800	$1.89M	0.4%	$27.00	+3.0%	COM	92343V104
ADM	ARCHER DANIELS MIDLAND CO	36,479	$1.864M	0.4%	$23.37	+50.9%	COM	039483102
SLB	SCHLUMBERGER LIMITED	17,677	$1.798M	0.4%	$54.00	+47.2%	COM	806857108
HON	HONEYWELL INTL INC	19,140	$1.782M	0.4%	$53.28	+26.0%	COM	438516106
GGG	GRACO INC	23,400	$1.708M	0.4%	$16.98	+27.6%	COM	384109104
TRV	TRAVELERS COMPANIES INC	18,055	$1.696M	0.3%	$63.70	+13.8%	COM	89417E109
KO	COCA-COLA COMPANY	38,562	$1.645M	0.3%	$27.70	+4.2%	COM	191216100
EMR	EMERSON ELECTRIC COMPANY	25,860	$1.618M	0.3%	$40.02	+19.4%	COM	291011104
HAL	HALLIBURTON COMPANY	24,940	$1.609M	0.3%	$33.79	+63.4%	COM	406216101
CNP	CENTERPOINT ENERGY INC	63,993	$1.566M	0.3%	$15.27	+8.5%	COM	15189T107
GIS	GENERAL MILLS INC	30,599	$1.544M	0.3%	$32.34	+9.7%	COM	370334104
—	TECHNE CORP COMMON	16,260	$1.521M	0.3%	$69.57	—	COM	878377100
D	DOMINION RES INC	21,400	$1.479M	0.3%	$34.54	+23.4%	COM	25746U109
PFE	PFIZER INC	49,782	$1.472M	0.3%	$16.49	+5.8%	COM	717081103
CHRW	C H ROBINSON WORLDWIDE INC	20,437	$1.355M	0.3%	$42.88	+18.7%	COM	12541W209
LLY	ELI LILLY & COMPANY	20,589	$1.335M	0.3%	$42.21	+21.7%	COM	532457108
LEG	LEGGETT & PLATT INC	38,110	$1.331M	0.3%	$31.74	+8.1%	COM	524660107
NKE	NIKE INC CL B	14,888	$1.328M	0.3%	$26.53	+29.6%	COM	654106103
MKC	MCCORMICK & COMPANY INC	19,619	$1.313M	0.3%	$28.17	-1.7%	COM	579780206
—	JOHNSON CONTROLS INC	28,601	$1.258M	0.3%	$37.04	—	COM	478366107
GPC	GENUINE PARTS COMPANY	12,110	$1.062M	0.2%	$54.21	+15.5%	COM	372460105
ROST	ROSS STORES INC	13,870	$1.048M	0.2%	$28.31	+10.0%	COM	778296103
NVS	NOVARTIS AG SPON ADR	10,840	$1.02M	0.2%	$70.71	—	COM	66987V109
CAT	CATERPILLAR INC	10,192	$1.009M	0.2%	$61.59	+28.7%	COM	149123101
WMT	WAL-MART STORES INC	13,038	$997K	0.2%	$19.99	+1.6%	COM	931142103
BP	BP PLC SPONS ADR	22,535	$990K	0.2%	$42.65	—	COM	055622104
—	MERCK & CO INC	16,427	$974K	0.2%	$47.04	—	COM	589331107
KSS	KOHLS CORP	15,875	$969K	0.2%	$49.85	+13.5%	COM	500255104
—	BEMIS COMPANY INC	23,947	$910K	0.2%	$39.16	—	COM	081143710
—	RAYTHEON COMPANY	8,534	$867K	0.2%	$66.11	—	COM	755111507
WMB	WILLIAMS COMPANIES INC	14,478	$801K	0.2%	$18.05	+67.5%	COM	969457100
AXP	AMERICAN EXPRESS COMPANY	8,773	$768K	0.2%	$59.62	+28.3%	COM	025816109
—	CR BARD INC	5,140	$734K	0.2%	$108.67	—	COM	067383109
MCK	MCKESSON CORP	3,400	$662K	0.1%	$102.61	+72.3%	COM	58155Q103
ERIC	ERICSSON TELEPHONE COMPANY	50,008	$630K	0.1%	$11.28	—	COM	294821608
PSX	PHILLIPS 66	7,309	$594K	0.1%	$40.63	+35.7%	COM	718546104
DHR	DANAHER CORP	7,490	$569K	0.1%	$25.03	+24.5%	COM	235851102
JPM	JP MORGAN CHASE & COMPANY	9,363	$564K	0.1%	$36.58	+17.9%	COM	46625H100
MDU	MDU RESOURCES GROUP	19,300	$537K	0.1%	$6.60	+27.0%	COM	552690109
—	L BRANDS INC	7,750	$519K	0.1%	$53.82	—	COM	501797104
CLX	CLOROX COMPANY	5,350	$514K	0.1%	$61.32	+7.1%	COM	189054109
BMY	BRISTOL-MYERS SQUIBB COMPANY	9,969	$510K	0.1%	$28.67	+19.4%	COM	110122108
—	ENSCO PLC CL A	12,100	$500K	0.1%	$55.50	—	COM	G3157S106
SO	SOUTHERN COMPANY	11,453	$500K	0.1%	$25.49	+6.4%	COM	842587107
CVS	CVS CAREMARK CORP	6,257	$498K	0.1%	$41.44	+38.7%	COM	126650100
FUL	HB FULLER COMPANY	12,300	$488K	0.1%	$35.32	+11.6%	COM	359694106
—	HUBBELL INC CL B	4,000	$482K	0.1%	$99.00	—	COM	443510201
ITW	ILLINOIS TOOL WORKS INC	5,583	$471K	0.1%	$49.85	+32.8%	COM	452308109
FAST	FASTENAL COMPANY	9,835	$442K	0.1%	$8.75	-3.2%	COM	311900104
LOW	LOWES COMPANIES INC	7,969	$422K	0.1%	$32.46	+26.9%	COM	548661107
—	BERKSHIRE HATHAWAY	2,902	$401K	0.1%	$124.92	—	COM	084670207
EPD	ENTERPRISE PRD PARTNERS LP	9,920	$400K	0.1%	$59.27	—	COM	293792107
—	TORCHMARK CORP	7,617	$399K	0.1%	$60.92	—	COM	891027104
SWK	STANLEY BLACK & DECKER INC	4,462	$396K	0.1%	$56.98	+17.5%	COM	854502101
UNP	UNION PACIFIC CORP	3,604	$391K	0.1%	$64.97	+23.6%	COM	907818108
BA	BOEING COMPANY	3,000	$382K	0.1%	$89.54	+22.0%	COM	097023105
—	DU PONT EI DE NEMOURS & COMPAN	5,218	$374K	0.1%	$52.51	—	COM	263534109
—	PRAXAIR INC	2,865	$370K	0.1%	$115.30	—	COM	74005P104
VAC	MARRIOTT VACATIONS CORP	5,649	$358K	0.1%	$44.02	+34.7%	COM	57164Y107
NEE	NEXTERA ENERGY INC	3,449	$324K	0.1%	$14.27	+25.6%	COM	65339F101
HRL	HORMEL FOODS CORP	6,240	$321K	0.1%	$15.25	+22.7%	COM	440452100
—	TCF FINANCIAL CORP	20,500	$318K	0.1%	$14.21	—	COM	872275102
—	DOW CHEMICAL COMPANY	6,033	$316K	0.1%	$38.99	—	COM	260543103
TSCO	TRACTOR SUPPLY COMPANY	5,100	$314K	0.1%	$9.83	+7.8%	COM	892356106
—	PENTAIR LTD	4,415	$289K	0.1%	$61.33	—	COM	H6169Q108
NTRS	NORTHERN TRUST CORP	4,050	$276K	0.1%	$40.35	+23.5%	COM	665859104
CAG	CONAGRA FOODS INC	8,100	$268K	0.1%	$17.69	-5.4%	COM	205887102
BEN	FRANKLIN RESOURCES INC	4,865	$266K	0.1%	$32.42	+3.6%	COM	354613101
—	PLUM CREEK TIMBER COMPANY INC	6,200	$242K	0.0%	$46.59	—	COM	729251108
—	MAGELLAN MIDSTREAM PARTNERS LP	2,800	$236K	0.0%	$83.93	—	COM	559080106
DTE	DTE ENERGY COMPANY	3,000	$228K	0.0%	$39.45	+11.9%	COM	233331107
AMP	AMERIPRISE FINANCIAL INC	1,800	$222K	0.0%	$87.59	+10.2%	COM	03076C106
DLX	DE LUXE CORP	4,000	$221K	0.0%	$30.55	+22.6%	COM	248019101
—	BARRICK GOLD CORP	13,650	$200K	0.0%	$16.47	—	COM	067901108