Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MKL	Markel Corporation	13,188	$6.828M	4.0%	$523.72	+0.3%	COM	570535104
—	Portfolio Recovery Associates, Inc.	102,947	$6.17M	3.6%	$86.33	—	COM	73640Q105
BBSI	Barrett Business Services, Inc.	84,251	$5.671M	3.3%	$12.09	+11.2%	COM	068463108
—	General Electric Co.	174,096	$4.159M	2.4%	$23.21	—	COM	369604103
MMM	3M Company	31,178	$3.723M	2.2%	$61.26	+7.7%	COM	88579Y101
CVX	Chevron Corporation	30,417	$3.696M	2.1%	$72.22	+1.2%	COM	166764100
UPS	United Parcel Service, Inc.	39,225	$3.584M	2.1%	$55.38	+3.1%	CL B	911312106
—	Harman International Industries, Inc.	53,389	$3.536M	2.1%	$55.56	—	COM	413086109
LOW	Lowe's Companies, Inc.	66,898	$3.185M	1.9%	$32.16	+13.2%	COM	548661107
JPM	JPMorgan Chase & Co.	60,559	$3.13M	1.8%	$36.33	+6.0%	COM	46625H100
EMR	Emerson Electric Company	46,941	$3.037M	1.8%	$40.02	+9.5%	COM	291011104
HCSG	Healthcare Services Group, Inc.	116,696	$3.006M	1.7%	$24.03	+4.3%	COM	421906108
XOM	Exxon Mobil	34,217	$2.944M	1.7%	$53.69	+0.9%	COM	30231G102
MSFT	Microsoft Corp.	82,672	$2.751M	1.6%	$26.70	+1.1%	COM	594918104
KMX	Carmax, Inc.	56,025	$2.716M	1.6%	$45.40	+7.7%	COM	143130102
ISRG	Intuitive Surgical, Inc.	6,583	$2.477M	1.4%	$49.73	-11.2%	COM	46120E602
—	Walgreen Co.	42,510	$2.287M	1.3%	$44.20	—	COM	931422109
FISV	Fiserv Inc.	22,045	$2.228M	1.3%	$21.93	+10.3%	COM	337738108
DRH	Diamondrock Hospitality Co.	198,327	$2.116M	1.2%	$9.57	—	COM	252784301
D	Dominion Resources Inc.	33,453	$2.09M	1.2%	$34.53	+2.3%	COM	25746U109
ECL	Ecolab Inc.	20,750	$2.049M	1.2%	$73.48	+10.5%	COM	278865100
COF	Capital One Financial Corp.	29,605	$2.035M	1.2%	$47.00	+14.8%	COM	14040H105
—	Heritage Crystal Clean, Inc.	110,933	$1.996M	1.2%	$15.86	—	COM	42726M106
—	Bed Bath & Beyond Inc.	25,743	$1.991M	1.2%	$70.97	—	COM	075896100
—	Linear Technology Corporation	48,291	$1.915M	1.1%	$36.93	—	COM	535678106
—	Chicago Bridge & Iron Co. N.V.	27,885	$1.89M	1.1%	$59.66	—	NY REG	167250109
CF	CF Industries Holdings	8,900	$1.876M	1.1%	$26.96	+1.9%	COM	125269100
GNTX	Gentex Corporation	73,005	$1.868M	1.1%	$11.44	+3.7%	COM	371901109
NVO	Novo-Nordisk	11,010	$1.863M	1.1%	$155.76	—	ADR	670100205
SLB	Schlumberger Limited	20,685	$1.828M	1.1%	$52.90	+11.5%	COM	806857108
—	Apache Corp.	20,926	$1.782M	1.0%	$83.84	—	COM	037411105
ORCL	Oracle Corporation	53,635	$1.779M	1.0%	$27.52	-1.7%	COM	68389X105
CMI	Cummins Inc.	12,760	$1.695M	1.0%	$81.94	+8.7%	COM	231021106
—	Colfax Corporation	29,712	$1.678M	1.0%	$52.11	—	COM	194014106
AAP	Advance Auto Parts Inc.	19,515	$1.614M	0.9%	$72.11	-1.1%	COM	00751Y106
WMT	Wal-Mart Stores, Inc.	21,553	$1.594M	0.9%	$19.98	-1.0%	COM	931142103
—	The Cooper Companies, Inc.	12,224	$1.585M	0.9%	$119.08	—	COM	216648402
RVTY	PerkinElmer, Inc.	41,620	$1.571M	0.9%	$31.21	+9.9%	COM	714046109
AVD	American Vanguard Corporation	58,185	$1.566M	0.9%	$26.05	-8.5%	COM	030371108
—	Orbotech Ltd	130,160	$1.561M	0.9%	$12.07	—	ORD	M75253100
SYK	Stryker Corp.	23,005	$1.555M	0.9%	$56.92	+4.4%	COM	863667101
—	Hanesbrands Inc.	24,725	$1.541M	0.9%	$51.43	—	COM	410345102
—	Laboratory Corporation of America	15,482	$1.535M	0.9%	$100.09	—	COM	50540R409
—	Medtronic, Inc.	28,740	$1.53M	0.9%	$51.47	—	COM	585055106
PH	Parker-Hannafin Corp	13,894	$1.511M	0.9%	$75.97	+10.3%	COM	701094104
GILD	Gilead Sciences, Inc.	24,025	$1.51M	0.9%	$36.21	+14.7%	COM	375558103
—	Monmouth Real Estate Investment Corp.	163,330	$1.481M	0.9%	$9.85	—	CL A	609720107
VRSK	Verisk Analytics	22,569	$1.466M	0.9%	$57.10	+5.6%	CL A	92345Y106
USB	US Bancorp	39,313	$1.438M	0.8%	$22.41	+8.6%	COM	902973304
—	Multi-Color Corporation	40,385	$1.37M	0.8%	$33.92	—	COM	625383104
GS	The Goldman Sachs Group, Inc.	8,555	$1.353M	0.8%	$120.23	+5.7%	COM	38141G104
T	AT&T Inc.	36,575	$1.237M	0.7%	$11.39	-3.8%	COM	00206R102
TROW	T Rowe Price Group Inc.	17,060	$1.227M	0.7%	$47.69	-0.3%	COM	74144T108
EBAY	Ebay Inc.	21,983	$1.227M	0.7%	$20.14	-0.9%	COM	278642103
—	HCP, Inc.	28,330	$1.16M	0.7%	$45.44	—	COM	40414L109
DHIL	Diamond Hill Investment Group Inc.	10,780	$1.153M	0.7%	$45.93	+20.9%	COM	25264R207
MCD	McDonald's Corporation	11,760	$1.131M	0.7%	$71.80	-1.7%	COM	580135101
FAST	Fastenal Company	22,360	$1.124M	0.7%	$8.84	-2.8%	COM	311900104
V	Visa, Inc.	5,785	$1.106M	0.6%	$40.02	+5.8%	COM	92826C839
KMI	Kinder Morgan Inc.	30,638	$1.09M	0.6%	$20.63	-2.2%	COM	49456B101
GLW	Corning Inc.	73,795	$1.077M	0.6%	$10.49	+2.5%	COM	219350105
O	Realty Income Corp	26,050	$1.036M	0.6%	$23.09	-2.3%	COM	756109104
—	Tumi Holdings, Inc.	50,970	$1.027M	0.6%	$20.15	—	COM	89969Q104
—	Polypore International Inc.	22,460	$920K	0.5%	$40.64	—	COM	73179V103
PG	Procter & Gamble Co.	11,955	$904K	0.5%	$55.00	+2.2%	COM	742718109
CAT	Caterpillar, Inc.	10,835	$904K	0.5%	$61.64	0.0%	COM	149123101
WSO	Watsco, Inc.	9,405	$887K	0.5%	$85.94	+6.5%	CL B	942622200
ENS	EnerSys	14,500	$879K	0.5%	$47.58	0.0%	COM	29275Y102
—	Linn Energy, LLC	33,004	$855K	0.5%	$33.18	—	UNIT	536020100
GGG	Graco Inc.	10,880	$806K	0.5%	$16.98	+16.8%	COM	384109104
LSTR	Landstar System, Inc.	13,975	$782K	0.5%	$54.47	—	COM	515098101
—	Bio-Reference Labs, Inc.	25,811	$771K	0.4%	$29.21	—	COM	09057G602
PEP	Pepsico, Inc.	9,165	$729K	0.4%	$56.00	+1.4%	COM	713448108
—	Dynamic Materials Corporation	31,250	$724K	0.4%	$23.17	—	COM	267888105
DVA	DaVita, Inc.	12,700	$723K	0.4%	$60.55	-5.4%	COM	23918K108
—	Raven Industries Inc.	20,775	$680K	0.4%	$31.16	—	COM	754212108
JNJ	Johnson & Johnson	7,625	$661K	0.4%	$59.66	+6.5%	COM	478160104
VMI	Valmont Industries, Inc.	4,725	$656K	0.4%	$146.58	-2.5%	COM	920253101
—	U.S. Silica Holdings, Inc.	25,535	$636K	0.4%	$24.91	—	COM	90346E103
ORLY	O'Reilly Automotive, Inc.	4,900	$625K	0.4%	$7.19	+13.6%	COM	67103H107
BRK/B	Berkshire Hathaway Inc.	5,500	$624K	0.4%	$110.02	+4.9%	CL B	084670702
PM	Philip Morris International Inc.	7,160	$620K	0.4%	$49.74	-4.8%	COM	718172109
—	Healthways, Inc.	33,400	$618K	0.4%	$18.50	—	COM	422245100
CHD	Church & Dwight Company, Inc.	9,400	$564K	0.3%	$26.18	-1.0%	COM	171340102
GOOD	Gladstone Commercial Corporation	29,521	$530K	0.3%	$18.41	—	COM	376536108
—	Beacon Roofing Supply, Inc.	13,820	$510K	0.3%	$36.90	—	COM	073685109
PPG	PPG Industries Inc.	2,900	$484K	0.3%	$59.61	+8.4%	COM	693506107
—	Vocera Communications Inc.	25,150	$468K	0.3%	$18.61	—	COM	92857F107
—	Anadarko Petroleum Corporation	4,900	$456K	0.3%	$93.06	—	COM	032511107
—	Powersecure Intl Inc.	28,050	$450K	0.3%	$16.04	—	COM	73936N105
CRMT	America's Car-Mart, Inc.	9,855	$445K	0.3%	$43.43	0.0%	COM	03062T105
—	Royce Value Trust, Inc.	27,527	$443K	0.3%	$15.16	—	COM	780910105
—	Atrion Corp	1,685	$436K	0.3%	$258.75	—	COM	049904105
HXL	Hexcel Corporation	11,060	$429K	0.2%	$36.36	0.0%	COM	428291108
ESLT	Elbit Systems	8,000	$428K	0.2%	$38.86	0.0%	ORD	M3760D101
—	Broadsoft Inc.	11,815	$426K	0.2%	$36.06	—	COM	11133B409
PNC	PNC Finl Svcs Group	5,800	$420K	0.2%	$47.34	+8.4%	COM	693475105
—	Furiex Pharmaceuticals Inc.	9,489	$417K	0.2%	$43.95	—	COM	36106P101
CGIP	Celadon Group Inc.	22,320	$417K	0.2%	$18.48	0.0%	COM	150838100
—	Synchronoss Technologies Inc.	10,865	$414K	0.2%	$38.10	—	COM	87157B103
SYY	Sysco Corp.	12,765	$406K	0.2%	$24.38	-1.6%	COM	871829107
—	CR Bard Inc.	3,500	$403K	0.2%	$108.57	—	COM	067383109
—	InvenSense, Inc.	22,625	$399K	0.2%	$17.64	—	COM	46123D205
CECO	CECO Environmental Corp.	28,365	$399K	0.2%	$11.80	0.0%	COM	125141101
ABBV	AbbVie Inc.	8,826	$395K	0.2%	$26.75	+1.5%	COM	00287Y109
—	Tech Data Corp.	7,900	$394K	0.2%	$49.87	—	COM	878237106
BLKB	Blackbaud, Inc.	10,075	$393K	0.2%	$33.82	0.0%	COM	09227Q100
—	Seachange Intl Inc.	33,235	$381K	0.2%	$11.46	—	COM	811699107
DXCM	Dexcom Inc.	13,345	$377K	0.2%	$6.33	0.0%	COM	252131107
TBRG	Computer Programs & Systems Inc.	6,405	$375K	0.2%	$44.41	0.0%	COM	205306103
SLAB	Silicon Laboratories Inc.	8,655	$370K	0.2%	$41.35	0.0%	COM	826919102
—	Monotype Imaging Hldgs Inc	12,815	$367K	0.2%	$28.64	—	COM	61022P100
SCSC	Scansource, Inc.	10,510	$364K	0.2%	$33.90	0.0%	COM	806037107
HUBG	Hub Group, Inc.	8,880	$348K	0.2%	$19.00	0.0%	CL A	443320106
PAYX	Paychex Inc	8,500	$345K	0.2%	$25.21	+7.2%	COM	704326107
TMO	Thermo Fisher Scientific Inc.	3,500	$323K	0.2%	$79.76	+8.8%	COM	883556102
BNS	Bank Of Nova Scotia	5,600	$321K	0.2%	$30.39	+0.4%	COM	064149107
EQT	EQT Corporation	3,600	$319K	0.2%	$37.67	+12.9%	COM	26884L109
—	Ixys Corp.	33,100	$319K	0.2%	$9.64	—	COM	46600W106
—	Alleghany Corp.	775	$317K	0.2%	$383.49	—	COM	017175100
—	Templeton Emerging Market Fund	16,640	$314K	0.2%	$17.49	—	COM	880191101
MDLZ	Mondelez Intl Inc Com	10,000	$314K	0.2%	$23.16	+2.4%	CL A	609207105
—	MTS Systems Corp.	4,750	$306K	0.2%	$64.42	—	COM	553777103
—	Fort Dearborn Income Securities Inc.	21,950	$306K	0.2%	$14.35	—	COM	347200107
ABT	Abbott Laboratories	9,001	$299K	0.2%	$27.71	0.0%	COM	002824100
CSGP	CoStar Group, Inc.	1,730	$290K	0.2%	$15.34	0.0%	COM	22160N109
DCI	Donaldson Company, Inc.	7,400	$282K	0.2%	$29.49	+2.3%	COM	257651109
LXU	LSB Industries, Inc.	8,390	$281K	0.2%	$24.84	0.0%	COM	502160104
VZ	Verizon Communications Inc.	5,960	$278K	0.2%	$26.13	0.0%	COM	92343V104
ATR	Aptargroup, Inc.	4,600	$277K	0.2%	$46.93	+5.7%	COM	038336103
DHR	Danaher Corporation	4,000	$277K	0.2%	$25.01	+9.6%	COM	235851102
CAR	Avis Budget Group Inc.	9,450	$272K	0.2%	$28.56	-0.6%	COM	053774105
—	The Advisory Board Company	4,435	$264K	0.2%	$59.53	—	COM	00762W107
—	Cavium Inc.	6,400	$264K	0.2%	$41.25	—	COM	14964U108
—	Vascular Solutions Inc.	14,775	$248K	0.1%	$16.79	—	COM	92231M109
—	Team Inc.	6,165	$245K	0.1%	$39.74	—	COM	878155100
APH	Amphenol Corporation	3,150	$244K	0.1%	$8.50	+2.1%	CL A	032095101
—	Solazyme Inc.	22,025	$238K	0.1%	$10.81	—	COM	83415T101
—	Google Inc.	272	$238K	0.1%	$878.68	—	CL A	38259P508
ARCC	Ares Capital Corporation	13,650	$236K	0.1%	$5.25	+2.1%	COM	04010L103
—	Hartford Fin.Svcs. Wts. 06.26.2019	10,000	$224K	0.1%	$21.90	—	*W	416515120
—	CAI International Inc.	9,020	$210K	0.1%	$23.28	—	COM	12477X106
ADP	Automatic Data Processing, Inc.	2,800	$203K	0.1%	$48.32	0.0%	COM	053015103
DOV	Dover Corporation	2,256	$203K	0.1%	$46.22	0.0%	COM	260003108
—	Gladstone Capital Corporation	20,367	$178K	0.1%	$8.17	—	COM	376535100
—	MELA Sciences, Inc	237,605	$173K	0.1%	$0.90	—	COM	55277R100
—	Cytori Therapeutics Inc.	72,100	$168K	0.1%	$2.33	—	COM	23283K105
GAIN	Gladstone Investment Corporation	20,750	$146K	0.1%	$2.02	+0.7%	COM	376546107