Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Dow Chemical Company	206,461	$10.5M	3.9%	$50.86	$45.22	—	COM	260543103
AAPL	Apple Computer Inc	90,730	$9.888M	3.6%	$108.98 *	$18.61	+32.8%	COM	037833100
—	General Electric Com	266,172	$8.461M	3.1%	$31.79	$27.85	—	COM	369604103
MRK	Merck & Co Inc	155,054	$8.203M	3.0%	$52.90 *	$31.52	+18.6%	COM	58933Y105
MSFT	Microsoft Corp	146,012	$8.064M	3.0%	$55.23 *	$30.03	+62.2%	COM	594918104
DIS	Disney Walt Hldg Co	78,133	$7.759M	2.9%	$99.31 *	$64.48	+42.0%	COM DISNEY	254687106
JNJ	Johnson & Johnson	66,457	$7.19M	2.6%	$108.19 *	$66.05	+25.1%	COM	478160104
ERIE	Erie Indemnity Co Cl	67,801	$6.304M	2.3%	$92.98 *	$53.36	+40.3%	CL A	29530P102
INTC	Intel Corp	185,008	$5.985M	2.2%	$32.35 *	$17.94	+43.8%	COM	458140100
MMM	Minnesota Mining & M	34,428	$5.736M	2.1%	$166.61 *	$84.31	+19.7%	COM	88579Y101
XOM	Exxon Mobil Corporat	62,799	$5.249M	1.9%	$83.58 *	$54.77	-0.6%	COM	30231G102
MCD	Mc Donalds Corp	40,102	$5.04M	1.9%	$125.68 *	$70.08	+41.6%	COM	580135101
NKE	Nike Inc Class B	77,096	$4.739M	1.7%	$61.47 *	$44.03	+23.2%	CL B	654106103
CSCO	Cisco Systems Inc	163,281	$4.648M	1.7%	$28.47 *	$15.38	+36.3%	COM	17275R102
PG	Procter & Gamble Co	55,095	$4.534M	1.7%	$82.29 *	$58.25	+8.3%	COM	742718109
BRK/B	Berkshire Hathaway C	30,136	$4.275M	1.6%	$141.86	$116.94	+21.3%	CL B NEW	084670702
HD	Home Depot Inc	31,747	$4.236M	1.6%	$133.43 *	$58.72	+80.1%	COM	437076102
CVX	Chevrontexaco Corp	42,911	$4.093M	1.5%	$95.38 *	$69.43	-9.3%	COM	166764100
KO	Coca Cola Company	82,834	$3.842M	1.4%	$46.38 *	$27.34	+24.9%	COM	191216100
EMR	Emerson Electric Co	70,186	$3.816M	1.4%	$54.37 *	$43.81	-3.4%	UNIT LTD PARTN	291011104
V	Visa	46,246	$3.536M	1.3%	$76.46 *	$58.33	+22.5%	COM CL A	92826C839
SBUX	Starbucks Corp	58,168	$3.472M	1.3%	$59.69 *	$35.31	+37.8%	COM	855244109
IBM	Intl Business Machin	22,889	$3.466M	1.3%	$151.43 *	$100.10	-4.4%	COM	459200101
VZ	Verizon Communicatio	59,407	$3.212M	1.2%	$54.07 *	$26.73	+21.6%	COM	92343V104
—	Alphabet Inc Class A	4,091	$3.121M	1.1%	$762.89	$992.54	—	CL A	38259P508
T	AT&T Inc	77,636	$3.041M	1.1%	$39.17 *	$11.44	+29.3%	COM	00206R102
GM	General Motors Corp	94,474	$2.969M	1.1%	$31.43 *	$27.22	-5.9%	COM	37045V100
PEP	Pepsico Incorporated	28,931	$2.964M	1.1%	$102.45 *	$57.72	+32.3%	COM	713448108
F	Ford Motor Company	219,176	$2.958M	1.1%	$13.50 *	$8.88	-9.2%	COM PAR $0.01	345370860
CAT	Caterpillar Inc	38,566	$2.951M	1.1%	$76.52 *	$62.24	-2.5%	COM	149123101
PFE	Pfizer Incorporated	99,088	$2.936M	1.1%	$29.63 *	$17.70	+4.3%	COM	717081103
—	Alphabet Inc Class C	3,797	$2.828M	1.0%	$744.80	$570.51	—	CL C	38259P706
QCOM	Qualcomm Inc	50,688	$2.592M	1.0%	$51.14 *	$47.87	-18.6%	COM	747525103
AMGN	Amgen Incorporated	17,269	$2.589M	1.0%	$149.92 *	$83.93	+33.6%	COM	031162100
AMZN	Amazon Com Inc	4,266	$2.532M	0.9%	$593.53 *	$16.70	+77.8%	COM	023135106
SYK	Stryker Corp	23,481	$2.519M	0.9%	$107.28 *	$63.06	+52.7%	COM	863667101
—	Time Warner Incorpor	32,567	$2.362M	0.9%	$72.53	$71.59	—	COM NEW	887317303
MAT	Mattel Incorporated	70,239	$2.361M	0.9%	$33.61	$28.12	+19.6%	COM	577081102
BA	Boeing Co	18,562	$2.356M	0.9%	$126.93 *	$112.17	+2.4%	COM	097023105
TGT	Target Corporation	28,220	$2.321M	0.9%	$82.25 *	$43.77	+40.9%	COM	87612E106
UNP	Union Pacific Corp	27,976	$2.225M	0.8%	$79.53 *	$68.87	-7.0%	COM	907818108
BUD	Anheuser Busch Co In	17,777	$2.216M	0.8%	$124.66	$120.79	+3.2%	SPONSORED ADR	03524A108
—	Genl Amern Invs	79,075	$2.188M	0.8%	$27.67	$26.02	—	COM	368802104
JPM	Morgan J P & Co Inc	36,348	$2.152M	0.8%	$59.21 *	$41.63	+9.3%	COM	46625H100
UPS	United Parcel Servic	20,124	$2.122M	0.8%	$105.45 *	$64.75	+13.9%	CL B	911312106
HON	Honeywell Internatio	16,767	$1.878M	0.7%	$112.01 *	$64.14	+28.2%	COM	438516106
GLW	Corning Inc	82,695	$1.727M	0.6%	$20.88 *	$12.33	+30.8%	COM	219350105
C	Citigroup Inc	39,475	$1.648M	0.6%	$41.75 *	$38.14	-18.1%	COM NEW	172967424
AXP	American Express Com	26,305	$1.615M	0.6%	$61.40 *	$60.95	-12.6%	COM	025816109
ABBV	Abbvie Inc	27,493	$1.57M	0.6%	$57.11 *	$30.66	+24.2%	COM	00287Y109
SO	The Southern Company	29,990	$1.551M	0.6%	$51.72 *	$25.92	+32.6%	COM	842587107
—	Harman Intl Inds Inc	17,400	$1.549M	0.6%	$89.02	$91.32	—	COM	413086109
ITW	Illinois Tool Works	14,825	$1.518M	0.6%	$102.39 *	$59.45	+37.0%	COM	452308109
WFC	Wells Fargo & Co New	30,080	$1.454M	0.5%	$48.34 *	$32.37	+13.5%	COM	949746101
—	Royal Dutch Shell A	29,419	$1.425M	0.5%	$48.44	$69.12	—	SPONS ADR A	780259206
—	Medtronic Inc	18,518	$1.388M	0.5%	$74.95	$57.61	—	COM	585055106
—	Whole Foods Market I	43,425	$1.35M	0.5%	$31.09	$36.27	—	COM	966837106
ORCL	Oracle Corporation	32,479	$1.328M	0.5%	$40.89 *	$28.79	+22.7%	COM	68389X105
COP	Conocophillips	32,770	$1.319M	0.5%	$40.25 *	$48.28	-38.2%	COM	20825C104
INGN	Inogen Inc	29,245	$1.315M	0.5%	$44.96	$17.03	+164.2%	COM	45780L104
AEP	Amer Electric Pwr Co	19,769	$1.312M	0.5%	$66.37 *	$30.31	+55.3%	COM	025537101
RL	Polo Ralph Lauren Cl	12,181	$1.172M	0.4%	$96.22 *	$109.81	-27.9%	CL A	751212101
—	United Technologies	11,586	$1.159M	0.4%	$100.03	$113.76	—	COM	913017109
MO	Altria (Phillip Morr	18,320	$1.147M	0.4%	$62.61 *	$19.08	+70.0%	COM	02209S103
BMY	Bristol-Myers Squibb	17,369	$1.109M	0.4%	$63.85 *	$34.16	+33.6%	COM	110122108
WYNN	Wynn Resorts	11,260	$1.052M	0.4%	$93.43 *	$105.84	-21.8%	COM	983134107
PSX	Phillips	11,636	$1.007M	0.4%	$86.54 *	$49.42	+21.2%	COM	718546104
—	Express Scripts Inc	14,614	$1.003M	0.4%	$68.63	$70.54	—	COM	30219G108
DEO	Diageo Plc New Adr	9,286	$1.001M	0.4%	$107.80	$126.67	-14.8%	SPON ADR NEW	25243Q205
—	Du Pont E I De Nemou	15,822	$1.001M	0.4%	$63.27	$65.00	—	COM	263534109
DUK	Duke Energy Corporat	11,936	$962K	0.4%	$80.60 *	$42.84	+26.2%	COM NEW	26441C204
RCI	Rogers Commun Inc Cl	24,020	$961K	0.4%	$40.01	$40.77	-1.8%	CL B	775109200
—	Kraft Heinz Company	12,171	$956K	0.4%	$78.55	$54.16	—	COM	50076Q106
—	Spectra Energy Partners LP	23,060	$949K	0.3%	$41.15	$41.15	—	COM	84756N109
GIS	General Mills Inc	14,993	$949K	0.3%	$63.30 *	$33.68	+33.4%	COM	370334104
SONY	Sony Corp Adr New	36,890	$948K	0.3%	$25.70	$18.11	+42.0%	ADR NEW	835699307
—	Walgreens Boots Alli	11,076	$933K	0.3%	$84.24	$71.92	—	COM	931422109
BAC	Bank Of America Corp	68,622	$927K	0.3%	$13.51 *	$11.77	-7.4%	COM	060505104
CVS	C V S Corp Del	8,780	$910K	0.3%	$103.64 *	$57.56	+34.3%	COM	126650100
—	Waste Management	15,085	$890K	0.3%	$59.00	$42.07	—	COM	941053100
SYY	Sysco Corporation	18,395	$859K	0.3%	$46.70 *	$24.47	+48.7%	COM	871829107
CLX	Clorox Company	6,710	$845K	0.3%	$125.93 *	$63.88	+49.4%	COM	189054109
AIG	American Intl Group	15,617	$844K	0.3%	$54.04 *	$39.62	+6.8%	COM NEW	026874784
MDLZ	Mondelez Intl Inc Cl	20,059	$804K	0.3%	$40.08 *	$25.52	+25.6%	CL A	609207105
IP	Intl Paper Co	19,495	$800K	0.3%	$41.04 *	$22.81	+12.2%	COM	460146103
ABT	Abbott Laboratories	18,960	$793K	0.3%	$41.82 *	$29.56	+18.0%	COM	002824100
SLB	Schlumberger Ltd	10,752	$792K	0.3%	$73.66 *	$65.82	-15.1%	COM	806857108
—	Kellogg Company	9,868	$755K	0.3%	$76.51 *	$37.92	+34.2%	COM	487836108
PM	Philip Morris Intl I	7,469	$732K	0.3%	$98.01 *	$48.99	+23.1%	COM	718172109
—	Chicago Bridge & Iro	19,870	$727K	0.3%	$36.59	$56.25	—	COM	167250109
—	Fedex Corp	4,221	$686K	0.3%	$162.52	$162.52	—	COM	31428x106
PII	Polaris Inds Inc	6,910	$680K	0.2%	$98.41	$86.74	+13.5%	COM	731068102
—	Tribune Media Co	17,550	$673K	0.2%	$38.35	$34.58	—	CL A	896047503
GILD	Gilead Sciences Inc	7,265	$667K	0.2%	$91.81 *	$51.61	+25.7%	COM	375558103
EBAY	Ebay Inc	27,957	$667K	0.2%	$23.86 *	$19.70	+7.8%	COM	278642103
COST	Costco Whsl Corp New	4,025	$634K	0.2%	$157.52 *	$97.01	+37.0%	COM	22160K105
—	Celgene Corp	6,269	$627K	0.2%	$100.02	$132.70	—	COM	151020104
GPC	Genuine Parts Co	6,205	$616K	0.2%	$99.27 *	$57.45	+30.6%	COM	372460105
—	Glaxosmithkline Plc	14,117	$572K	0.2%	$40.52	$49.33	—	SPONSORED ADR	37733W105
GT	Goodyear Tire & Rubb	17,320	$571K	0.2%	$32.97	$26.72	+23.4%	COM	382550101
CL	Colgate-Palmolive Co	8,090	$571K	0.2%	$70.58 *	$48.40	+16.1%	COM	194162103
—	B/E Aerospace Inc	12,075	$556K	0.2%	$46.05	$46.05	—	COM	073302101
ADBE	Adobe Sys Inc	5,875	$551K	0.2%	$93.79	$86.68	+8.2%	COM	00724F101
UAA	Under Armour Inc Cl	6,411	$543K	0.2%	$84.70 *	$25.08	+69.1%	CL A	904311107
VOD	Vodafone Airtouch Ad	16,629	$532K	0.2%	$31.99	$37.13	-13.7%	SPNSR ADR NO PAR	92857W308
WU	Western Union Compan	27,450	$529K	0.2%	$19.27	$17.25	—	COM	959802109
LLY	Lilly Eli & Company	7,336	$528K	0.2%	$71.97 *	$39.86	+53.2%	COM	532457108
—	Nordstrom Inc	9,149	$523K	0.2%	$57.16	$49.82	—	COM	644664100
—	Dr Pepper Snapple Gr	5,859	$523K	0.2%	$89.26	$48.75	—	COM	26138E109
CMI	Cummins	4,675	$513K	0.2%	$109.73 *	$74.19	+14.2%	COM	231021106
—	Unilever Plc Adr New	11,317	$511K	0.2%	$45.15	$41.67	—	SPON ADR NEW	904767704
KMB	Kimberly-Clark Corp	3,766	$506K	0.2%	$134.36 *	$66.36	+45.2%	COM	494368103
CTSH	Cognizant Tech Sol C	7,750	$485K	0.2%	$62.58 *	$42.37	+31.2%	COM	192446102
WMT	Wal-Mart Stores Inc	6,978	$477K	0.2%	$68.36 *	$19.94	-3.9%	COM	931142103
OXY	Occidental Pete Corp	6,856	$469K	0.2%	$68.41 *	$58.26	-11.1%	COM	674599105
LZB	La-Z-Boy Inc	17,281	$462K	0.2%	$26.73	$25.44	+5.1%	COM	505336107
—	Itc Holdings Corp	10,546	$459K	0.2%	$43.52	$54.05	—	COM	465685105
—	Hewlett-Packard Comp	25,612	$454K	0.2%	$17.73	$28.93	—	COM	428236103
ED	Consolidated Edison	5,855	$448K	0.2%	$76.52 *	$35.92	+50.2%	COM	209115104
CMG	Chipotle Mexican Grill Inc	933	$439K	0.2%	$470.53 *	$9.51	-1.0%	COM	169656105
DECK	Deckers Outdoor Corp	6,900	$413K	0.2%	$59.86 *	$12.22	-18.3%	COM	243537107
BWA	Borgwarner	10,725	$411K	0.2%	$38.32 *	$25.48	+14.2%	COM	099724106
DE	Deere & Co	5,330	$410K	0.2%	$76.92 *	$68.60	-4.3%	COM	244199105
CHKP	Check Pt Software Te	4,675	$408K	0.1%	$87.27	$79.89	+9.5%	ORD	M22465104
—	Macquarie Infrastruc	6,030	$406K	0.1%	$67.33	$76.00	—	COM	55608B105
KMI	Kinder Morgan Inc	21,985	$392K	0.1%	$17.83 *	$18.35	-40.7%	COM	49456B101
MAS	Masco Corp	12,350	$388K	0.1%	$31.42 *	$15.53	+74.8%	COM	574599106
—	Alcoa Inc	40,392	$387K	0.1%	$9.58	$11.75	—	COM	013817101
HAS	Hasbro Inc	4,725	$378K	0.1%	$80.00 *	$38.15	+51.3%	COM	418056107
HSY	Hershey Company	3,988	$367K	0.1%	$92.03 *	$72.20	+1.1%	COM	427866108
MCHP	Microchip Technology	7,633	$367K	0.1%	$48.08 *	$16.17	+23.8%	COM	595017104
TEVA	Teva Pharm Inds Ltd	6,649	$355K	0.1%	$53.39	$48.23	+10.9%	ADR	881624209
—	Alexion Pharma Inc	2,530	$352K	0.1%	$139.13	$132.98	—	COM	015351109
TRV	Travelers Group Inc	2,907	$339K	0.1%	$116.62 *	$66.77	+41.2%	COM	89417E109
NFG	Nestle S A Reg B Adr	4,510	$336K	0.1%	$74.50 *	$69.92	-28.4%	COM	636180101
ETN	Eaton Corporation	5,275	$330K	0.1%	$62.56 *	$46.51	+8.4%	SHS	G29183103
—	Electronic Arts Inc	4,989	$329K	0.1%	$65.95	$68.04	—	COM	285512AA7
—	Tiffany & Co New	4,380	$321K	0.1%	$73.29	$76.21	—	COM	886547108
—	Seagate Technology P	9,250	$318K	0.1%	$34.38	$62.38	—	SHS	G7945M107
BRSL	Intl Game Technology	17,468	$318K	0.1%	$18.20 *	$10.04	+6.1%	SHS USD	G4863A108
—	Guggenheim ETF 2016	13,787	$304K	0.1%	$22.05	$22.07	—	GUGG CRP BD 2016	18383M555
GAP	Gap Inc Del	10,310	$303K	0.1%	$29.39 *	$18.59	+11.3%	COM	364760108
NUE	Nucor	6,280	$297K	0.1%	$47.29 *	$32.43	+17.1%	COM	670346105
—	Total S A Adr	6,480	$294K	0.1%	$45.37	$60.65	—	ADR	89151E109
LUV	Southwest Airlines C	6,500	$291K	0.1%	$44.77 *	$15.26	+161.4%	COM	844741108
WAT	Waters Corp	2,056	$271K	0.1%	$131.81	$100.80	+30.9%	COM	941848103
VFC	V F Corporation	4,160	$269K	0.1%	$64.66 *	$52.98	+15.1%	COM	918204108
—	Teco Energy Inc	9,565	$263K	0.1%	$27.50	$17.29	—	COM	872375100
SEE	Sealed Air Corp New	5,425	$260K	0.1%	$47.93 *	$24.99	+62.5%	COM	81211K100
PANW	Palo Alto Networks I	1,575	$256K	0.1%	$162.54 *	$22.39	+21.5%	COM	697435105
SNY	Sanofi Aventis Adr	6,323	$253K	0.1%	$40.01	$51.25	-21.6%	SPONSORED ADR	80105N105
ADP	Auto Data Processing	2,814	$252K	0.1%	$89.55 *	$53.49	+36.1%	COM	053015103
ABBNY	Abb Ltd Adr	12,720	$247K	0.1%	$19.42 *	$22.88	-18.6%	SPONSORED ADR	000375204
PAYX	Paychex Inc	4,535	$244K	0.1%	$53.80 *	$29.42	+37.0%	COM	704326107
AZN	Astrazeneca Plc Adr	8,175	$230K	0.1%	$28.13	$45.84	—	COM	046353108
DTE	D T E Energy Company	2,519	$228K	0.1%	$90.51 *	$39.45	+41.7%	COM	233331107
ACN	Accenture Ltd Cl A	1,950	$225K	0.1%	$115.38 *	$80.68	+22.1%	SHS CLASS A	G1151C101
ONB	Old Natl Bancorp Ind	18,000	$219K	0.1%	$12.17	$11.79	+3.4%	COM	680033107
ODFL	Old Dominion Fght Lines Inc	3,100	$215K	0.1%	$69.35 *	$19.69	+13.3%	COM	679580100
—	Apache	4,345	$212K	0.1%	$48.79	$70.38	—	COM	037411105
—	Magellan Midstream Prtnrs Lp	3,060	$210K	0.1%	$68.63	$67.97	—	COM	559080106
GD	General Dynamics Cor	1,252	$200K	0.1%	$159.74 *	$107.02	-1.0%	COM	369550108
FCX	Freeport Mcmorn Cp&G	17,214	$177K	0.1%	$10.28 *	$18.64	-49.7%	COM	35671D857
—	Invesco Value Muni I	10,000	$170K	0.1%	$17.00	$13.50	—	COM	46132P108
—	U S X-Marathon Group	15,063	$167K	0.1%	$11.09	$25.96	—	COM	565849106
—	Xerox Corp	11,661	$130K	0.0%	$11.15	$12.12	—	COM	984121103
TRAK	Park City Group Inc	13,652	$123K	0.0%	$9.01	$12.25	-26.2%	COM NEW	700215304
AORT	Cryolife Inc	11,000	$118K	0.0%	$10.73	$10.45	+2.9%	COM	228903100
—	Credit Suisse Asset Mgmt	40,000	$114K	0.0%	$2.85	$2.77	—	COM	224916106
—	Putnam Premier Inc Tr	20,000	$94,000	0.0%	$4.70	$4.95	—	SH BEN INT	746853100
—	Nuveen PFD Income Opprtny fd	10,000	$93,000	0.0%	$9.30	$9.10	—	COM	67073B106
—	Nuveen Quality PFD Income Fd	10,000	$89,000	0.0%	$8.90	$9.10	—	COM	67071S101
CRNT	Ceragon Networks Ltd	17,700	$22,000	0.0%	$1.24	$1.35	-5.9%	ORD	M22013102
EIX	Edison Intl	300	$21,000	0.0%	$70.00 *	$43.56	+11.6%	COM	281020107
—	Violin Memory Inc	11,100	$5,000	0.0%	$0.45	$1.35	—	COM	92763A101