Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple Computer Inc	87,461	$9.206M	3.7%	$18.46	+39.4%	COM	037833100
—	General Electric Com	262,992	$8.192M	3.3%	$27.80	—	COM	369604103
MSFT	Microsoft Corp	146,200	$8.111M	3.3%	$30.03	+52.9%	COM	594918104
DIS	Disney Walt Hldg Co	76,827	$8.073M	3.2%	$64.07	+59.6%	COM DISNEY	254687106
MRK	Merck & Co Inc	152,407	$8.05M	3.2%	$31.44	+16.9%	COM	58933Y105
ERIE	Erie Indemnity Co Cl	73,661	$7.045M	2.8%	$53.36	+35.9%	CL A	29530P102
JNJ	Johnson & Johnson	65,648	$6.743M	2.7%	$65.90	+15.2%	COM	478160104
INTC	Intel Corp	186,723	$6.433M	2.6%	$17.94	+48.5%	COM	458140100
MMM	Minnesota Mining & M	33,443	$5.038M	2.0%	$84.06	+9.6%	COM	88579Y101
MCD	Mc Donalds Corp	41,836	$4.942M	2.0%	$70.08	+24.5%	COM	580135101
NKE	Nike Inc Class B	75,258	$4.704M	1.9%	$43.81	+29.4%	CL B	654106103
XOM	Exxon Mobil Corporat	59,556	$4.642M	1.9%	$54.93	-6.4%	COM	30231G102
CSCO	Cisco Systems Inc	163,982	$4.453M	1.8%	$15.38	+31.1%	COM	17275R102
HD	Home Depot Inc	31,751	$4.199M	1.7%	$58.72	+70.3%	COM	437076102
PG	Procter & Gamble Co	52,108	$4.138M	1.7%	$58.06	-0.2%	COM	742718109
BRK/B	Berkshire Hathaway C	30,296	$4M	1.6%	$116.94	+14.8%	CL B NEW	084670702
V	Visa	46,078	$3.573M	1.4%	$58.33	+23.7%	COM CL A	92826C839
KO	Coca Cola Company	81,240	$3.49M	1.4%	$27.25	+13.2%	COM	191216100
SBUX	Starbucks Corp	57,703	$3.464M	1.4%	$35.31	+39.9%	COM	855244109
PFE	Pfizer Incorporated	94,608	$3.054M	1.2%	$17.65	+15.4%	COM	717081103
—	Alphabet Inc Class A	3,908	$3.04M	1.2%	$1003.29	—	CL A	38259P508
GM	General Motors Corp	88,586	$3.012M	1.2%	$27.42	+1.1%	COM	37045V100
F	Ford Motor Company	212,047	$2.988M	1.2%	$8.93	-6.6%	COM PAR $0.01	345370860
PEP	Pepsico Incorporated	29,590	$2.957M	1.2%	$57.72	+27.3%	COM	713448108
AMZN	Amazon Com Inc	4,369	$2.952M	1.2%	$16.70	+88.8%	COM	023135106
—	Alphabet Inc Class C	3,765	$2.857M	1.1%	$570.51	—	CL C	38259P706
EMR	Emerson Electric Co	58,346	$2.79M	1.1%	$45.11	-19.1%	UNIT LTD PARTN	291011104
AMGN	Amgen Incorporated	17,031	$2.765M	1.1%	$83.56	+39.4%	COM	031162100
VZ	Verizon Communicatio	56,600	$2.616M	1.0%	$26.56	+1.4%	COM	92343V104
CAT	Caterpillar Inc	38,204	$2.596M	1.0%	$62.24	-12.3%	COM	149123101
IBM	Intl Business Machin	17,497	$2.408M	1.0%	$105.04	-16.7%	COM	459200101
BUD	Anheuser Busch Co In	18,027	$2.253M	0.9%	$121.88	—	SPONSORED ADR	03524A108
TGT	Target Corporation	30,813	$2.237M	0.9%	$43.77	+26.2%	COM	87612E106
JPM	Morgan J P & Co Inc	33,279	$2.197M	0.9%	$41.33	+20.2%	COM	46625H100
SYK	Stryker Corp	23,516	$2.186M	0.9%	$63.06	+35.1%	COM	863667101
QCOM	Qualcomm Inc	42,343	$2.117M	0.8%	$50.02	-20.1%	COM	747525103
—	Genl Amern Invs	78,700	$2.105M	0.8%	$26.02	—	COM	368802104
C	Citigroup Inc	40,126	$2.076M	0.8%	$38.14	+3.9%	COM NEW	172967424
BA	Boeing Co	14,325	$2.071M	0.8%	$112.26	+14.8%	COM	097023105
MAT	Mattel Incorporated	74,583	$2.026M	0.8%	$28.12	-12.5%	COM	577081102
GLW	Corning Inc	99,270	$1.815M	0.7%	$12.33	+12.4%	COM	219350105
UPS	United Parcel Servic	18,289	$1.76M	0.7%	$64.45	+9.6%	CL B	911312106
HON	Honeywell Internatio	16,870	$1.747M	0.7%	$64.14	+15.8%	COM	438516106
COP	Conocophillips	36,951	$1.725M	0.7%	$48.28	-20.5%	COM	20825C104
UNP	Union Pacific Corp	21,825	$1.707M	0.7%	$70.81	-3.6%	COM	907818108
WFC	Wells Fargo & Co New	29,359	$1.596M	0.6%	$32.26	+26.6%	COM	949746101
ABBV	Abbvie Inc	26,383	$1.562M	0.6%	$30.39	+24.9%	COM	00287Y109
—	Precision Castparts	6,425	$1.491M	0.6%	$213.40	—	COM	740189105
—	Medtronic Inc	18,268	$1.405M	0.6%	$57.38	—	COM	585055106
ITW	Illinois Tool Works	15,115	$1.401M	0.6%	$59.45	+20.1%	COM	452308109
—	Whole Foods Market I	40,596	$1.36M	0.5%	$36.63	—	COM	966837106
—	Time Warner Incorpor	20,934	$1.354M	0.5%	$71.07	—	COM NEW	887317303
—	Xerox Corp	12,661	$1.346M	0.5%	$12.12	—	COM	984121103
—	Du Pont E I De Nemou	20,137	$1.341M	0.5%	$65.00	—	COM	263534109
SO	The Southern Company	28,555	$1.336M	0.5%	$25.60	+15.7%	COM	842587107
SPY	SPDR S&P 500 ETF Tr	6,428	$1.311M	0.5%	$203.95	—	TR UNIT	78462F103
—	Express Scripts Inc	14,664	$1.282M	0.5%	$70.54	—	COM	30219G108
ORCL	Oracle Corporation	33,978	$1.241M	0.5%	$28.79	+14.0%	COM	68389X105
BMY	Bristol-Myers Squibb	17,713	$1.218M	0.5%	$34.16	+36.7%	COM	110122108
—	Dow Chemical Company	233,921	$1.204M	0.5%	$45.22	—	COM	260543103
BAC	Bank Of America Corp	71,118	$1.196M	0.5%	$11.77	+15.2%	COM	060505104
INGN	Inogen Inc	29,445	$1.18M	0.5%	$17.03	+148.3%	COM	45780L104
AEP	Amer Electric Pwr Co	20,189	$1.176M	0.5%	$30.31	+30.8%	COM	025537101
—	Royal Dutch Shell A	25,349	$1.161M	0.5%	$72.44	—	SPONS ADR A	780259206
—	United Technologies	11,586	$1.113M	0.4%	$113.76	—	COM	913017109
RL	Polo Ralph Lauren Cl	9,736	$1.085M	0.4%	$117.23	-17.6%	CL A	751212101
MO	Altria (Phillip Morr	18,016	$1.048M	0.4%	$18.87	+56.1%	COM	02209S103
PSX	Phillips	12,430	$1.017M	0.4%	$49.42	+19.5%	COM	718546104
AXP	American Express Com	14,590	$1.014M	0.4%	$69.36	-9.4%	COM	025816109
—	Walgreens Boots Alli	11,576	$986K	0.4%	$71.92	—	COM	931422109
DEO	Diageo Plc New Adr	8,911	$972K	0.4%	$132.10	—	SPON ADR NEW	25243Q205
AIG	American Intl Group	15,667	$971K	0.4%	$39.62	+19.4%	COM NEW	026874784
ABT	Abbott Laboratories	21,527	$967K	0.4%	$29.56	+23.7%	COM	002824100
SONY	Sony Corp Adr New	39,140	$963K	0.4%	$18.22	—	ADR NEW	835699307
MDLZ	Mondelez Intl Inc Cl	20,589	$923K	0.4%	$25.52	+39.0%	CL A	609207105
—	Kraft Heinz Company	12,541	$912K	0.4%	$54.16	—	COM	50076Q106
—	Chicago Bridge & Iro	22,745	$887K	0.4%	$56.25	—	COM	167250109
CLX	Clorox Company	6,985	$885K	0.4%	$63.88	+46.0%	COM	189054109
RCI	Rogers Commun Inc Cl	25,645	$883K	0.4%	$40.77	-7.9%	CL B	775109200
DUK	Duke Energy Corporat	12,099	$864K	0.3%	$42.84	+8.2%	COM NEW	26441C204
—	Waste Management	16,155	$862K	0.3%	$42.07	—	COM	941053100
CVS	C V S Corp Del	8,530	$834K	0.3%	$57.13	+27.1%	COM	126650100
EPD	Enterprise Prods Partners L	32,315	$827K	0.3%	$25.59	—	COM	293792107
GIS	General Mills Inc	14,343	$827K	0.3%	$33.33	+21.4%	COM	370334104
GILD	Gilead Sciences Inc	7,781	$787K	0.3%	$51.61	+41.3%	COM	375558103
—	Kellogg Company	10,688	$772K	0.3%	$37.92	+20.5%	COM	487836108
EBAY	Ebay Inc	27,957	$768K	0.3%	$19.70	+24.7%	COM	278642103
SYY	Sysco Corporation	18,605	$763K	0.3%	$24.47	+28.6%	COM	871829107
—	Celgene Corp	6,269	$750K	0.3%	$132.70	—	COM	151020104
GT	Goodyear Tire & Rubb	22,650	$739K	0.3%	$26.72	+22.7%	COM	382550101
SLB	Schlumberger Ltd	10,392	$725K	0.3%	$66.25	-15.3%	COM	806857108
LLY	Lilly Eli & Company	8,071	$680K	0.3%	$39.86	+74.9%	COM	532457108
WYNN	Wynn Resorts	9,810	$679K	0.3%	$111.84	-47.6%	COM	983134107
WU	Western Union Compan	37,870	$678K	0.3%	$17.25	—	COM	959802109
COST	Costco Whsl Corp New	4,025	$650K	0.3%	$97.01	+36.9%	COM	22160K105
—	Alcoa Inc	64,042	$632K	0.3%	$11.75	—	COM	013817101
PM	Philip Morris Intl I	6,994	$615K	0.2%	$48.53	+7.7%	COM	718172109
—	Harman Intl Inds Inc	6,525	$615K	0.2%	$95.15	—	COM	413086109
—	Glaxosmithkline Plc	14,457	$583K	0.2%	$49.33	—	SPONSORED ADR	37733W105
CL	Colgate-Palmolive Co	8,490	$566K	0.2%	$48.40	+8.5%	COM	194162103
UAA	Under Armour Inc Cl	6,911	$557K	0.2%	$25.08	+81.8%	CL A	904311107
GPC	Genuine Parts Co	6,380	$548K	0.2%	$57.45	+13.5%	COM	372460105
—	Dr Pepper Snapple Gr	5,859	$546K	0.2%	$48.75	—	COM	26138E109
—	Nordstrom Inc	10,698	$533K	0.2%	$49.82	—	COM	644664100
VOD	Vodafone Airtouch Ad	16,038	$517K	0.2%	$35.70	—	SPNSR ADR NO PAR	92857W308
KMB	Kimberly-Clark Corp	3,946	$502K	0.2%	$66.36	+28.1%	COM	494368103
—	Tribune Media Co	14,580	$493K	0.2%	$33.81	—	CL A	896047503
—	Alexion Pharma Inc	2,530	$482K	0.2%	$132.98	—	COM	015351109
CTSH	Cognizant Tech Sol C	7,750	$465K	0.2%	$42.37	+34.9%	COM	192446102
—	Unilever Plc Adr New	10,335	$446K	0.2%	$41.34	—	SPON ADR NEW	904767704
—	Itc Holdings Corp	11,292	$443K	0.2%	$54.05	—	COM	465685105
CHKP	Check Pt Software Te	5,225	$425K	0.2%	$79.89	+3.8%	ORD	M22465104
LZB	La-Z-Boy Inc	17,280	$422K	0.2%	$25.44	+5.5%	COM	505336107
—	Hewlett-Packard Comp	26,437	$402K	0.2%	$28.93	—	COM	428236103
TEVA	Teva Pharm Inds Ltd	6,050	$397K	0.2%	$48.98	—	ADR	881624209
MAS	Masco Corp	13,850	$392K	0.2%	$15.53	+57.7%	COM	574599106
ED	Consolidated Edison	6,085	$391K	0.2%	$35.92	+24.1%	COM	209115104
DE	Deere & Co	4,929	$376K	0.2%	$68.79	-5.4%	COM	244199105
—	Health Care Reit Inc	5,500	$374K	0.2%	$68.00	—	COM	42217K106
—	Tiffany & Co New	4,855	$370K	0.1%	$76.21	—	COM	886547108
—	Teco Energy Inc	13,815	$369K	0.1%	$17.29	—	COM	872375100
MCHP	Microchip Technology	7,945	$369K	0.1%	$16.17	+19.0%	COM	595017104
—	Seagate Technology P	10,000	$367K	0.1%	$62.38	—	SHS	G7945M107
—	Green Mtn Coffee Roa	4,065	$366K	0.1%	$100.01	—	COM	49271M100
—	Cedar Fair L P	6,518	$364K	0.1%	$55.85	—	DEPOSITORY UNIT	150185106
WPC	WP Carey Inc	6,095	$360K	0.1%	$59.06	—	COM	92936U109
HSY	Hershey Company	3,988	$356K	0.1%	$72.20	-2.5%	COM	427866108
HAS	Hasbro Inc	5,025	$338K	0.1%	$38.15	+37.2%	COM	418056107
CVX	Chevrontexaco Corp	37,568	$338K	0.1%	$71.13	-17.9%	COM	166764100
NFG	Nestle S A Reg B Adr	4,430	$330K	0.1%	$70.35	-32.5%	COM	636180101
TRV	Travelers Group Inc	2,907	$328K	0.1%	$66.77	+33.1%	COM	89417E109
WMT	Wal-Mart Stores Inc	5,275	$323K	0.1%	$20.47	-18.8%	COM	931142103
—	Energy Transfer Prtnrs L P	9,525	$321K	0.1%	$33.70	—	UNIT LTD PARTN	29273R109
DECK	Deckers Outdoor Corp	6,695	$316K	0.1%	$12.33	-28.2%	COM	243537107
—	Hollyfrontier Corp	26,437	$313K	0.1%	$23.98	—	COM	436106108
—	Guggenheim ETF 2016	13,754	$304K	0.1%	$22.07	—	GUGG CRP BD 2016	18383M555
SNY	Sanofi Aventis Adr	6,898	$294K	0.1%	$53.18	—	SPONSORED ADR	80105N105
AZN	Astrazeneca Plc Adr	8,675	$294K	0.1%	$45.84	—	COM	046353108
BRSL	Intl Game Technology	17,831	$289K	0.1%	$10.04	-8.8%	SHS USD	G4863A108
OXY	Occidental Pete Corp	4,160	$281K	0.1%	$63.37	-15.7%	COM	674599105
LUV	Southwest Airlines C	6,500	$280K	0.1%	$15.26	+157.7%	COM	844741108
KMI	Kinder Morgan Inc	18,707	$279K	0.1%	$19.83	-27.9%	COM	49456B101
PANW	Palo Alto Networks I	1,575	$277K	0.1%	$22.39	+28.9%	COM	697435105
—	Total S A Adr	6,155	$277K	0.1%	$61.46	—	ADR	89151E109
WAT	Waters Corp	2,056	$277K	0.1%	$100.80	+27.5%	COM	941848103
ETN	Eaton Corporation	5,275	$274K	0.1%	$46.51	-7.5%	SHS	G29183103
—	E M C Corp Mass	10,460	$268K	0.1%	$25.35	—	COM	268648102
—	Electronic Arts Inc	3,845	$264K	0.1%	$68.66	—	COM	285512AA7
T	AT&T Inc	75,298	$259K	0.1%	$11.36	+9.4%	COM	00206R102
VFC	V F Corporation	4,160	$259K	0.1%	$52.98	+17.8%	COM	918204108
ADP	Auto Data Processing	2,989	$253K	0.1%	$53.49	+29.2%	COM	053015103
GEF	Greif Inc Cl A	8,225	$253K	0.1%	$25.80	-11.6%	CL A	397624107
—	Macquarie Infrastruc	3,425	$249K	0.1%	$82.59	—	COM	55608B105
SEE	Sealed Air Corp New	5,425	$242K	0.1%	$24.99	+56.0%	COM	81211K100
PAYX	Paychex Inc	4,535	$240K	0.1%	$29.42	+31.0%	COM	704326107
ABBNY	Abb Ltd Adr	13,315	$236K	0.1%	$24.96	—	SPONSORED ADR	000375204
GAP	Gap Inc Del	9,100	$225K	0.1%	$18.60	0.0%	COM	364760108
DTE	D T E Energy Company	2,769	$222K	0.1%	$39.45	+24.4%	COM	233331107
—	U S X-Marathon Group	17,363	$219K	0.1%	$25.96	—	COM	565849106
—	Aqua America Inc	7,180	$214K	0.1%	$29.81	—	COM	03836W103
GD	General Dynamics Cor	1,525	$209K	0.1%	$107.02	+7.1%	COM	369550108
—	Magellan Midstream Prtnrs Lp	3,060	$208K	0.1%	$67.97	—	COM	559080106
—	Apache	4,670	$207K	0.1%	$70.38	—	COM	037411105
GS	Goldman Sachs Group Inc	1,138	$205K	0.1%	$151.14	0.0%	COM	38141G104
TJX	T J X Cos Inc	2,857	$203K	0.1%	$30.34	+1.8%	COM	872540109
ACN	Accenture Ltd Cl A	1,950	$203K	0.1%	$80.68	+11.5%	SHS CLASS A	G1151C101
D	Dominion Res Inc Va	2,980	$202K	0.1%	$38.70	+15.2%	COM	25746U109
TRAK	Park City Group Inc	13,652	$163K	0.1%	$12.25	-9.0%	COM NEW	700215304
—	Invesco Value Muni I	10,000	$162K	0.1%	$13.50	—	COM	46132P108
—	Micron Technology Inc	11,260	$159K	0.1%	$14.12	—	COM	595112AU7
BB	Blackberry Ltd	14,150	$131K	0.1%	$9.89	-22.3%	COM	09228F103
—	Guggenheim Exch Trd	5,359	$121K	0.0%	$21.69	—	GUGG CRP BD 2015	18383M563
AORT	Cryolife Inc	11,000	$119K	0.0%	$10.45	0.0%	COM	228903100
—	Credit Suisse Asset Mgmt	40,000	$111K	0.0%	$2.77	—	COM	224916106
FCX	Freeport Mcmorn Cp&G	15,714	$106K	0.0%	$19.82	-56.4%	COM	35671D857
—	Putnam Premier Inc Tr	20,000	$99,000	0.0%	$4.95	—	SH BEN INT	746853100
—	Nuveen Quality PFD Income Fd	10,000	$91,000	0.0%	$9.10	—	COM	67071S101
—	Nuveen PFD Income Opprtny fd	10,000	$91,000	0.0%	$9.10	—	COM	67073B106
CRNT	Ceragon Networks Ltd	17,700	$21,000	0.0%	$1.35	+7.2%	ORD	M22013102
—	Violin Memory Inc	11,100	$10,000	0.0%	$1.35	—	COM	92763A101