Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ADP	AUTOMATIC DATA PROCESSING	24,245	$2.492M	4.4%	$69.02	+11.2%	Common Stock	053015103
JNJ	JOHNSON & JOHNSON	20,877	$2.406M	4.2%	$76.22	+17.7%	Common Stock	478160104
MMM	3M	13,199	$2.356M	4.1%	$93.09	+14.1%	Common Stock	88579Y101
—	MASTERCARD	19,785	$2.042M	3.6%	$97.16	—	Common Stock	57636q104
AAPL	APPLE INC	15,935	$1.846M	3.2%	$25.01	+4.3%	Common Stock	037833100
PG	PROCTER & GAMBLE	20,895	$1.758M	3.1%	$58.73	+13.7%	Common Stock	742718109
CVS	CVS HEALTH	22,273	$1.757M	3.1%	$72.60	-15.9%	Common Stock	126650100
NSRGY	NESTLE SA ADR	23,954	$1.718M	3.0%	$74.57	—	Common Stock	641069406
CB	CHUBB LIMITED	12,671	$1.674M	2.9%	$98.68	+9.8%	Common Stock	H1467J104
—	UNITED TECHNOLOGIES	14,245	$1.562M	2.7%	$98.65	—	Common Stock	913017109
GOOGL	ALPHABET INC CL A	1,964	$1.557M	2.7%	$36.98	+7.3%	Common Stock	02079K305
ATR	APTARGROUP	21,170	$1.555M	2.7%	$63.22	+4.2%	Common Stock	038336103
CNI	CANADIAN NATL RAILWAY	21,237	$1.43M	2.5%	$48.25	+15.7%	Common Stock	136375102
FISV	FISERV	12,805	$1.362M	2.4%	$47.05	+9.2%	Common Stock	337738108
DHR	DANAHER CORP	16,560	$1.289M	2.3%	$47.90	+38.6%	Common Stock	235851102
ABT	ABBOTT LABS	31,376	$1.205M	2.1%	$36.00	-6.5%	Common Stock	002824100
SLB	SCHLUMBERGER	14,215	$1.195M	2.1%	$55.97	+12.6%	Common Stock	806857108
—	UNILEVER PLC NEW ADR	28,071	$1.142M	2.0%	$43.64	—	Common Stock	904767704
NVS	NOVARTIS AG ADR	14,584	$1.062M	1.9%	$84.20	—	Common Stock	66987V109
INTC	INTEL CORP	27,685	$1.005M	1.8%	$26.34	+10.7%	Common Stock	458140100
PEP	PEPSICO	8,915	$933K	1.6%	$73.45	+8.1%	Common Stock	713448108
—	NOVOZYMES A S DKK 2.0	25,935	$894K	1.6%	$46.40	—	Common Stock	B798FW902
MSFT	MICROSOFT CORP	14,168	$880K	1.5%	$46.08	+17.0%	Common Stock	594918104
XOM	EXXON MOBIL	9,310	$841K	1.5%	$52.58	+10.6%	Common Stock	30231G102
XYL	XYLEM INC	16,846	$835K	1.5%	$32.65	+39.1%	Common Stock	98419M100
GILD	GILEAD SCIENCES	10,920	$782K	1.4%	$67.57	-21.3%	Common Stock	375558103
DIS	DISNEY	7,118	$741K	1.3%	$101.11	-10.3%	Common Stock	254687106
—	ORACLE	19,146	$736K	1.3%	$37.06	—	Common Stock	68389x105
ROK	ROCKWELL AUTOMATION	5,355	$719K	1.3%	$86.64	+24.4%	Common Stock	773903109
CMCSA	COMCAST CORP NEW CL A	10,339	$714K	1.3%	$22.75	+17.9%	Common Stock	20030N101
MRK	MERCK	12,058	$710K	1.2%	$36.03	+22.4%	Common Stock	58933Y105
—	XILINX	11,055	$668K	1.2%	$47.53	—	Common Stock	983919101
HD	HOME DEPOT	4,960	$665K	1.2%	$100.14	+3.3%	Common Stock	437076102
RHHBY	ROCHE HLDG LTD ADR	21,625	$618K	1.1%	$34.05	—	Common Stock	771195104
NXPI	NXP SEMICONDUCTORS	6,179	$605K	1.1%	$74.88	+17.9%	Common Stock	N6596X109
ADI	ANALOG DEVICES	8,139	$591K	1.0%	$54.70	+4.5%	Common Stock	032654105
—	GENERAL ELECTRIC	17,400	$550K	1.0%	$31.18	—	Common Stock	369604103
ILMN	ILLUMINA	3,726	$477K	0.8%	$150.61	-10.5%	Common Stock	452327109
BRK/B	BERKSHIRE HATHAWAY CL B	2,850	$464K	0.8%	$132.79	+15.9%	Common Stock	084670702
QCOM	QUALCOMM	6,345	$415K	0.7%	$39.16	+33.4%	Common Stock	747525103
—	GMO RESOURCES FD CL III	24,331	$401K	0.7%	$16.48	—	Equity Mutual Fu	HB0000918
—	SPECTRA ENERGY	9,675	$398K	0.7%	$37.10	—	Common Stock	847560109
T	AT&T INC.	9,196	$392K	0.7%	$12.43	+24.3%	Common Stock	00206R102
TJX	TJX COS	5,164	$388K	0.7%	$31.02	+7.1%	Common Stock	872540109
HP	HELMERICH & PAYNE	4,900	$379K	0.7%	$54.93	+29.3%	Common Stock	423452101
GOOG	ALPHABET INC CL C	490	$378K	0.7%	$35.61	+8.6%	Common Stock	02079K107
—	ANSYS INC	4,000	$370K	0.6%	$92.50	—	Common Stock	03662Q105
V	VISA	4,596	$359K	0.6%	$72.45	+4.1%	Common Stock	92826C839
CHD	CHURCH & DWIGHT	8,100	$358K	0.6%	$40.61	-0.3%	Common Stock	171340102
—	JPMORGAN CHASE	4,100	$354K	0.6%	$66.10	—	Common Stock	46625h100
JCI	JOHNSON CONTROLS	8,559	$352K	0.6%	$33.21	+3.3%	Common Stock	G51502105
SYK	STRYKER CORP	2,925	$350K	0.6%	$85.22	+21.9%	Common Stock	863667101
ITW	ILLINOIS TOOL WORKS	2,845	$348K	0.6%	$71.40	+36.1%	Common Stock	452308109
BIIB	BIOGEN	1,200	$340K	0.6%	$264.15	+12.2%	Common Stock	09062X103
SPY	SPDR S&P 500 ETF	1,500	$335K	0.6%	$204.05	—	Common Stock	78462F103
STT	STATE STREET	4,250	$330K	0.6%	$50.54	+13.9%	Common Stock	857477103
IPGP	IPG PHOTONICS	3,305	$327K	0.6%	$85.71	+8.8%	Common Stock	44980X109
CL	COLGATE-PALMOLIVE	4,990	$326K	0.6%	$52.61	+5.2%	Common Stock	194162103
KR	KROGER	9,060	$312K	0.5%	$30.96	-12.9%	Common Stock	501044101
BDX	BECTON DICKINSON	1,870	$310K	0.5%	$123.45	+17.2%	Common Stock	075887109
TGT	TARGET CORP	4,080	$294K	0.5%	$56.37	-1.8%	Common Stock	87612E106
MTD	METTLER TOLEDO	700	$293K	0.5%	$320.77	+29.8%	Common Stock	592688105
FTV	FORTIVE CORP	5,472	$293K	0.5%	$30.87	+3.2%	Common Stock	34959J108
ABBV	ABBVIE	4,655	$292K	0.5%	$38.47	+8.6%	Common Stock	00287Y109
UNP	UNION PACIFIC	2,700	$279K	0.5%	$69.58	+15.4%	Common Stock	907818108
—	CELGENE CORP	2,400	$278K	0.5%	$119.58	—	Common Stock	151020104
EMR	EMERSON ELECTRIC	4,950	$276K	0.5%	$36.51	+17.4%	Common Stock	291011104
—	DISCOVER FINL SVCS	3,546	$256K	0.4%	$56.68	—	Common Stock	254709108
FDX	FEDEX	1,358	$253K	0.4%	$119.20	+32.8%	Common Stock	31428X106
FDS	FACTSET RESH SYS	1,510	$247K	0.4%	$134.62	+7.9%	Common Stock	303075105
CHKP	CHECK POINT SOFTWARE TECH LTD	2,800	$236K	0.4%	$82.92	-1.1%	Common Stock	M22465104
UNH	UNITED HEALTH GROUP	1,470	$235K	0.4%	$114.17	+13.1%	Common Stock	91324P102
VZ	VERIZON COMMUNICATIONS	4,341	$232K	0.4%	$26.92	+15.1%	Common Stock	92343V104
ABEMX	ABERDEEN EMERG MKTS INSTL	17,181	$216K	0.4%	$11.35	—	Equity Mutual Fu	003021714
—	PETROSHALE INC	100,000	$41,000	0.1%	$0.50	—	Common Stock	71676H106