Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple Computer Inc	92,398	$271M	6.5%	$18.87	+228.7%	COM	037833100
MSFT	Microsoft Corp	141,212	$223M	5.4%	$30.03	+363.6%	COM	594918104
MRK	Merck & Co Inc	153,104	$139M	3.4%	$31.64	+113.5%	COM	58933Y105
DIS	Disney Walt Hldg Co	90,145	$130M	3.1%	$69.32	+95.8%	COM DISNEY	254687106
INTC	Intel Corp	183,553	$110M	2.6%	$19.60	+151.3%	COM	458140100
JNJ	Johnson & Johnson	68,335	$99.68M	2.4%	$68.84	+65.7%	COM	478160104
V	Visa	50,300	$94.51M	2.3%	$64.08	+169.3%	COM CL A	92826C839
HD	Home Depot Inc	42,980	$93.86M	2.3%	$79.19	+146.2%	COM	437076102
NKE	Nike Inc Class B	91,481	$92.68M	2.2%	$45.82	+89.5%	CL B	654106103
AMZN	Amazon Com Inc	4,791	$88.53M	2.1%	$21.66	+308.6%	COM	023135106
ERIE	Erie Indemnity Co Cl A	52,773	$87.6M	2.1%	$54.51	+187.3%	CL A	29530P102
SBUX	Starbucks Corp	88,379	$77.7M	1.9%	$39.84	+86.9%	COM	855244109
MCD	Mc Donalds Corp	37,789	$74.67M	1.8%	$75.50	+127.7%	COM	580135101
BRK/B	Berkshire Hathaway Cl B	30,869	$69.92M	1.7%	$177.63	+22.3%	CL B NEW	084670702
CSCO	Cisco Systems Inc	144,847	$69.47M	1.7%	$16.24	+137.5%	COM	17275R102
BA	Boeing Co	21,020	$68.48M	1.6%	$153.67	+128.4%	COM	097023105
AMGN	Amgen Incorporated	28,373	$68.4M	1.6%	$105.14	+73.8%	COM	031162100
CAT	Caterpillar Inc	45,620	$67.37M	1.6%	$77.76	+58.2%	COM	149123101
—	Alphabet Inc Class A	5,021	$67.25M	1.6%	$1126.63	—	CL A	38259P508
PG	Procter & Gamble Co	48,238	$60.25M	1.5%	$59.64	+76.5%	COM	742718109
KO	Coca Cola Company	105,607	$58.45M	1.4%	$28.87	+54.2%	COM	191216100
SYK	Stryker Corp	27,443	$57.61M	1.4%	$82.17	+136.3%	COM	863667101
JPM	Morgan J P & Co Inc	39,159	$54.59M	1.3%	$49.80	+118.2%	COM	46625H100
MMM	Minnesota Mining & Mfg	29,025	$51.21M	1.2%	$91.64	+22.0%	COM	88579Y101
T	AT&T Inc	129,386	$50.56M	1.2%	$13.30	+41.9%	COM	00206R102
PEP	Pepsico Incorporated	35,151	$48.04M	1.2%	$64.33	+75.3%	COM	713448108
CVX	Chevrontexaco Corp	39,742	$47.89M	1.2%	$69.82	+28.4%	COM	166764100
VZ	Verizon Communications	77,183	$47.39M	1.1%	$28.48	+50.2%	COM	92343V104
HON	Honeywell International	25,762	$45.6M	1.1%	$83.73	+71.9%	COM	438516106
—	Alphabet Inc Class C	3,391	$45.34M	1.1%	$698.84	—	CL C	38259P706
ADBE	Adobe Systems Inc	13,590	$44.82M	1.1%	$104.31	+182.1%	COM	00724F101
ABBV	Abbvie Inc	49,449	$43.78M	1.1%	$43.69	+47.9%	COM	00287Y109
SPY	S P D R TRUST Unit SR	13,285	$42.76M	1.0%	$563.59	—	TR UNIT	78462F103
PFE	Pfizer Incorporated	105,306	$41.26M	1.0%	$18.46	+44.7%	COM	717081103
UNP	Union Pacific Corp	21,774	$39.37M	0.9%	$70.55	+111.7%	COM	907818108
—	Exxon Mobil Corporation	54,721	$38.18M	0.9%	$87.01	—	COM	30231G902
EMR	Emerson Electric Co	49,723	$37.92M	0.9%	$43.72	+43.7%	CL A	291011104
AXP	American Express Company	30,411	$37.86M	0.9%	$59.47	+85.2%	COM	025816109
UPS	United Parcel Service B	32,130	$37.61M	0.9%	$72.55	+27.9%	CL B	911312106
TGT	Target Corporation	27,716	$35.53M	0.9%	$45.34	+120.2%	COM	87612E106
IBM	Intl Business Machines	26,019	$34.88M	0.8%	$100.09	-0.2%	COM	459200101
C	Citigroup Inc	41,143	$32.87M	0.8%	$41.43	+43.0%	COM	172967424
—	Royal Dutch Shell A Adrf	50,530	$29.8M	0.7%	$64.70	—	SPONS ADR A	780259206
—	Genl Amern Invs	97,049	$26.78M	0.6%	$72.73	—	COM	368802104
DD	Du Pont E I De Nemour&Co	40,632	$26.09M	0.6%	$27.24	-10.0%	COM	26614N102
QCOM	Qualcomm Inc	28,701	$25.32M	0.6%	$50.96	+43.0%	COM	747525103
—	Medtronic Inc	22,289	$25.29M	0.6%	$225.56	—	COM	585055106
BAC	Bank Of America Corp	67,462	$23.76M	0.6%	$13.66	+103.5%	COM	060505104
GM	General Motors Corp	64,094	$23.46M	0.6%	$27.38	+25.5%	COM	37045V100
SONY	Sony Corp Adr New	33,745	$22.95M	0.6%	$22.16	—	ADR NEW	835699307
LULU	Lululemon Athletica Inc	9,812	$22.73M	0.5%	$59.07	+260.8%	COM	550021109
BP	Bp Amoco Plc Adr	57,468	$21.69M	0.5%	$38.47	—	SPONSORED ADR	055622104
ITW	Illinois Tool Works Inc	11,773	$21.15M	0.5%	$94.80	+54.3%	COM	452308109
CVS	C V S Corp Del	28,463	$21.14M	0.5%	$52.07	+11.0%	COM	126650100
SO	The Southern Company	31,657	$20.17M	0.5%	$29.63	+65.0%	COM	842587107
DOW	Dow Chemical Company	35,162	$19.24M	0.5%	$36.28	+1.2%	COM	260557103
—	General Electric Company	160,879	$17.95M	0.4%	$25.04	—	COM	369604103
—	United Technologies Corp	11,181	$16.75M	0.4%	$113.50	—	COM	913017109
PYPL	Paypal Holdings Inco	15,347	$16.6M	0.4%	$46.84	+122.0%	COM	70450Y103
ORCL	Oracle Corporation	31,024	$16.44M	0.4%	$29.76	+69.5%	COM	68389X105
GLW	Corning Inc	52,695	$15.34M	0.4%	$12.46	+96.1%	COM	219350105
COP	Conocophillips	23,579	$15.33M	0.4%	$46.66	+1.1%	COM	20825C104
COST	Costco Whsl Corp New	5,065	$14.89M	0.4%	$116.98	+132.1%	COM	22160K105
META	Facebook Inc Class A	7,083	$14.54M	0.4%	$173.13	+11.1%	CL A	30303M102
BSV	Vanguard Short-Term Bond ETF	17,242	$13.9M	0.3%	$806.11	—	SHORT TRM BOND	921937827
ABT	Abbott Laboratories	15,999	$13.9M	0.3%	$30.27	+148.8%	COM	002824100
DUK	Duke Energy Corporation	15,049	$13.73M	0.3%	$49.72	+44.4%	COM NEW	26441C204
AEP	Amer Electric Pwr Co Inc	14,044	$13.27M	0.3%	$32.43	+129.0%	COM	025537101
VO	Vanguard Mid Cap	7,423	$13.23M	0.3%	$136.09	—	MID CAP ETF	922908629
WPC	W P Carey & Co L L C	15,415	$12.34M	0.3%	$88.73	—	COM	92936U109
VXUS	Vanguard Total Intl Etf	22,123	$12.32M	0.3%	$56.63	—	VG TL INTL STK F	921909768
IWR	Ishares Russell Midcap	20,552	$12.25M	0.3%	$84.16	—	RUS MID CAP ETF	464287499
DEO	Diageo Plc New Adr	7,159	$12.06M	0.3%	$131.11	—	SPON ADR NEW	25243Q205
CTVA	Corteva Inc	40,152	$11.87M	0.3%	$25.02	-2.1%	COM	22052L104
WM	Waste Management	10,354	$11.8M	0.3%	$62.53	+63.3%	COM	94106L109
AVGO	Broadcom Inc	3,709	$11.72M	0.3%	$18.27	+41.7%	COM	11135F101
SYY	Sysco Corporation	13,510	$11.56M	0.3%	$24.85	+175.7%	COM	871829107
D	Dominion Res Inc Va New	13,910	$11.52M	0.3%	$54.95	+13.6%	COM	25746U109
EBAY	Ebay Inc	31,157	$11.25M	0.3%	$20.70	+57.7%	COM	278642103
INGN	Inogen Inc	15,980	$10.92M	0.3%	$62.71	0.0%	COM	45780L104
BMY	Bristol-Myers Squibb Co	15,753	$10.11M	0.2%	$36.82	+22.7%	COM	110122108
VFC	V F Corporation	9,780	$9.747M	0.2%	$51.84	+72.9%	COM	918204108
DECK	Deckers Outdoor Corp	5,734	$9.682M	0.2%	$26.52	0.0%	COM	243537107
MAR	Marriott Intl Inc Cl A	6,150	$9.313M	0.2%	$74.97	+71.3%	CL A	571903202
MHK	Mohawk Industries Inc	6,789	$9.259M	0.2%	$133.74	+1.7%	COM	608190104
GIS	General Mills Inc	16,820	$9.009M	0.2%	$36.79	+16.3%	COM	370334104
WAT	Waters Corp	3,601	$8.414M	0.2%	$131.52	+67.9%	COM	941848103
MDLZ	Mondelez Intl Inc Cl A	15,001	$8.263M	0.2%	$25.52	+79.8%	CL A	609207105
FDX	F D X Corporation	5,461	$8.257M	0.2%	$153.58	-10.5%	COM	31428X106
SVC	Service Pptys Tr	32,933	$8.013M	0.2%	$25.65	—	COM SH BEN INT	81761L102
VB	Vanguard Small Cap	4,801	$7.952M	0.2%	$130.04	—	SMALL CP ETF	922908751
WFC	Wells Fargo & Co New	14,603	$7.856M	0.2%	$35.42	+26.2%	COM	949746101
ABBNY	Abb Ltd Adr	31,980	$7.704M	0.2%	$22.29	—	SPONSORED ADR	000375204
CMCSA	Comcast Corp New Cl A	17,114	$7.696M	0.2%	$27.00	+40.2%	CL A	20030N101
DE	Deere & Co	4,381	$7.591M	0.2%	$76.49	+106.5%	COM	244199105
F	Ford Motor Company	79,394	$7.384M	0.2%	$8.16	-18.1%	COM PAR $0.01	345370860
—	Glaxosmithkline Plc Adrf	15,266	$7.174M	0.2%	$45.43	—	SPONSORED ADR	37733W105
QQXT	Nasdaq 100 Shares	3,354	$7.132M	0.2%	$296.22	—	NASDAQ 100 EX	33733E401
DAL	Delta Air Lines Inc New	12,116	$7.085M	0.2%	$41.74	+29.6%	COM NEW	247361702
CLX	Clorox Company	4,520	$6.94M	0.2%	$63.88	+95.0%	COM	189054109
BABA	Alibaba Group Hldg Adr	3,235	$6.861M	0.2%	$557.09	—	SPONSORED ADS	01609W102
WMT	Wal-Mart Stores Inc	5,749	$6.832M	0.2%	$22.26	+63.4%	COM	931142103
VWO	Vanguard Emerging Market	14,474	$6.437M	0.2%	$51.22	—	FTSE EMR MKT ETF	922042858
PM	Philip Morris Intl Inc	7,538	$6.414M	0.2%	$51.74	+16.0%	COM	718172109
RACE	Ferrari N V	3,865	$6.398M	0.2%	$83.27	+94.3%	COM	N3167Y103
MCHP	Microchip Technology Inc	6,105	$6.393M	0.2%	$16.31	+163.5%	COM	595017104
LLY	Lilly Eli & Company	4,765	$6.263M	0.2%	$40.36	+166.4%	COM	532457108
GEF	Greif Inc Cl A	14,050	$6.21M	0.1%	$28.05	+18.5%	CL A	397624107
MO	Altria (Phillip Morris)	12,234	$6.106M	0.1%	$20.73	+38.9%	COM	02209S103
MTD	Mettler Toledo Intl Incf	764	$6.061M	0.1%	$424.71	+70.0%	COM	592688105
MSGS	Madison Square Garde	2,022	$5.949M	0.1%	$137.45	+42.7%	CL A	55825T103
EW	Edwards Lifesciences	2,535	$5.914M	0.1%	$60.71	+28.6%	COM	28176E108
AZN	Astrazeneca Plc Adr	11,765	$5.866M	0.1%	$33.33	—	SPONSORED ADR	046353108
—	Kraft Heinz Company	18,237	$5.86M	0.1%	$68.47	—	COM	50076Q106
MTN	Vail Resorts Inc	2,345	$5.624M	0.1%	$244.75	-3.3%	COM	91879Q109
QTEC	First Tst Nasdaq	5,354	$5.359M	0.1%	$82.37	—	SHS	337345102
HAS	Hasbro Inc	5,045	$5.328M	0.1%	$56.71	+45.0%	COM	418056107
BHC	Bausch Health Cos Inc	17,725	$5.303M	0.1%	$22.88	+13.6%	COM	071734107
HSY	Hershey Company	3,585	$5.269M	0.1%	$74.85	+71.6%	COM	427866108
GS	Goldman Sachs Group Inc	2,203	$5.065M	0.1%	$179.59	+4.4%	COM	38141G104
—	Allergan Inc	2,640	$5.047M	0.1%	$208.01	—	SHS	G0177J108
—	Walgreens Boots Allianc	8,531	$5.03M	0.1%	$76.15	—	COM	931427108
PSA	Public Storage	2,350	$5.005M	0.1%	$167.75	+1.9%	COM	74460D109
HPQ	Hewlett-Packard Company	23,693	$4.869M	0.1%	$16.19	-5.4%	COM	40434L105
HPE	Hewlett Packard Ente	30,412	$4.823M	0.1%	$9.78	+34.1%	COM	42824C109
BWA	Borg Warner Inc	11,100	$4.815M	0.1%	$26.27	+26.9%	COM	099724106
TRV	Travelers Group Inc	3,382	$4.632M	0.1%	$105.83	+12.7%	COM	89417E109
GILD	Gilead Sciences Inc	7,116	$4.624M	0.1%	$52.69	-2.7%	COM	375558103
KMB	Kimberly-Clark Corp	3,205	$4.408M	0.1%	$67.37	+61.5%	COM	494368103
GPC	Genuine Parts Co	4,093	$4.348M	0.1%	$58.11	+48.3%	COM	372460105
CL	Colgate-Palmolive Co	6,280	$4.323M	0.1%	$48.40	+22.1%	COM	194162103
EXAS	Exact Sciences Corporati	4,620	$4.273M	0.1%	$87.46	+0.5%	COM	30063P105
CI	Cigna Corp	2,086	$4.266M	0.1%	$167.01	+0.4%	COM	125523100
—	Slack Technologies Inc	18,830	$4.233M	0.1%	$224.80	—	COM CL A	83088V102
PSX	Phillips	3,797	$4.23M	0.1%	$50.07	+74.5%	COM	718546104
IRM	Iron Mountain Inc New	13,175	$4.199M	0.1%	$23.96	0.0%	COM	46284V101
SLB	Schlumberger Ltd	10,158	$4.084M	0.1%	$54.13	-43.2%	COM	806857108
ADP	Auto Data Processing	2,391	$4.077M	0.1%	$54.73	+165.1%	COM	053015103
O	Realty Income Corp	5,375	$3.958M	0.1%	$42.82	+28.4%	COM	756109104
OLED	Universal Display Corp	1,900	$3.915M	0.1%	$90.93	+97.8%	COM	91347P105
GD	General Dynamics Corp	2,215	$3.906M	0.1%	$152.64	+2.1%	COM	369550108
NFG	Nestle S A Reg B Adr	3,570	$3.865M	0.1%	$54.60	-16.5%	COM	636180101
ACN	Accenture Ltd Cl A	1,783	$3.754M	0.1%	$81.32	+119.4%	SHS CLASS A	G1151C101
ODFL	Old Dominion Freight	1,975	$3.748M	0.1%	$32.43	+84.1%	COM	679580100
ORLY	O Reilly Automotive New	825	$3.616M	0.1%	$13.29	+115.2%	COM	67103H107
UNH	Unitedhealth Group Inc	1,208	$3.551M	0.1%	$218.85	+8.1%	COM	91324P102
FDN	First TRUST Internet	2,543	$3.538M	0.1%	$143.92	—	DJ INTERNT IDX	33733E302
TJX	T J X Cos Inc	5,652	$3.451M	0.1%	$42.86	+27.4%	COM	872540109
—	Vmware Inc Cl A	2,250	$3.415M	0.1%	$151.11	—	CL A COM	928563402
—	Kellogg Company	4,924	$3.405M	0.1%	$39.89	+21.7%	COM	487836108
DTE	D T E Energy Company	2,618	$3.4M	0.1%	$63.77	+37.2%	COM	233331107
MAS	Masco Corp	7,000	$3.359M	0.1%	$15.53	+164.2%	COM	574599106
ED	Consolidated Edison Inc	3,690	$3.338M	0.1%	$38.95	+84.2%	COM	209115104
VOD	Volkswagen A G	17,000	$3.279M	0.1%	$22.20	—	SPNSR ADR NO PAR	92857W308
AMT	Amern Tower Corp Class A	1,316	$3.024M	0.1%	$120.79	+52.2%	COM	03027X100
—	Unilever Plc Adr New	5,046	$2.885M	0.1%	$41.67	—	SPON ADR NEW	904767704
PAYX	Paychex Inc	3,285	$2.794M	0.1%	$51.63	+36.9%	COM	704326107
—	Total S A Adr	4,556	$2.519M	0.1%	$50.03	—	SPONSORED ADR	89151E109
IP	International Paper Co	5,425	$2.498M	0.1%	$25.53	+24.9%	COM	460146103
EPD	Enterprise Prd Prtnrs Lp	8,838	$2.489M	0.1%	$28.72	—	COM	293792107
LUV	Southwest Airlines Co	4,525	$2.443M	0.1%	$15.26	+235.9%	COM	844741108
KDP	Keurig Dr Pepper Inc	8,170	$2.365M	0.1%	$22.14	+11.4%	COM	49271V100
REAL	The Realreal Inc	11,980	$2.258M	0.1%	$19.14	0.0%	COM	88339P101
OXY	Occidental Pete Corp	5,463	$2.251M	0.1%	$36.00	0.0%	COM	674599105
—	Royal Dutch Shell B Adrf	3,738	$2.242M	0.1%	$88.81	—	SPONS ADR B	780259107
SEE	Sealed Air Corp New	5,425	$2.161M	0.1%	$29.72	+18.8%	COM	81211K100
WASH	Washington Tr Banco	4,000	$2.152M	0.1%	$35.21	0.0%	COM	940610108
USB	U S Bancorp Del New	3,605	$2.137M	0.1%	$41.13	+7.8%	COM NEW	902973304
WTM	White Mountains Ins Newf	184	$2.053M	0.0%	$1090.77	0.0%	COM	G9618E107
—	Magellan Midstream Partners	3,260	$2.05M	0.0%	$69.02	—	COM UNIT RP LP	559080106
VOO	Vanguard S&P 500 Etf	689	$2.038M	0.0%	$2957.91	—	S&P 500 ETF SHS	922908363
CMI	Cummins Inc	1,135	$2.031M	0.0%	$151.07	0.0%	COM	231021106
—	Cr Suisse Asset Mgmt Fd	40,000	$1.288M	0.0%	$32.20	—	COM	224916106
—	Putnam Premier Inc Tr	20,000	$1.086M	0.0%	$54.30	—	SH BEN INT	746853100