Osher Van de Voorde Investment Management Long-Term Concentrated

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNI	CANADIAN NATL RY CO	178,257 (+2.3%)	$17,621 (+7.3%)	3.8%	$75.34	+27.6%	COM	136375102
APD	AIR PRODS & CHEMS INC	75,282 (+17.7%)	$18,596 (+6.6%)	4.0%	$236.46	+6.4%	COM	009158106
BRK/B	BERKSHIRE HATHAWAY INC DEL	37,948 (+4.1%)	$19,075 (+4.1%)	4.1%	$176.41	+182.0%	CL B NEW	084670702
TXN	TEXAS INSTRS INC	107,160 (+10.2%)	$18,591 (+4.1%)	4.0%	$110.77	+54.1%	COM	882508104
ZTS	ZOETIS INC	130,555 (+20.4%)	$16,426 (+3.5%)	3.6%	$147.10	-11.4%	CL A	98978V103
HON	HONEYWELL INTL INC	94,737 (+8.9%)	$18,482 (+0.9%)	4.0%	$186.23	+4.7%	COM	438516106

Decreased Positions (15)

AMGN AMGEN INC 4.5%

Value ($000) $20,859 (+13.0%) Shares 63,729 (-2.6%) Est. Cost $196.07 Unrealized +61.1%

MSFT MICROSOFT CORP 4.7%

Value ($000) $21,667 (-8.5%) Shares 44,801 (-2.0%) Est. Cost $88.09 Unrealized +468.3%

GLW CORNING INC 5.0%

Value ($000) $23,313 (-7.1%) Shares 266,255 (-13.0%) Est. Cost $30.45 Unrealized +182.3%

ENB ENBRIDGE INC 4.4%

Value ($000) $20,145 (-6.7%) Shares 421,185 (-1.6%) Est. Cost $32.36 Unrealized +45.6%

GOOG ALPHABET INC 5.8%

Value ($000) $26,687 (+4.9%) Shares 85,261 (-18.5%) Est. Cost $109.95 Unrealized +160.4%

AAPL APPLE INC 4.7%

Value ($000) $21,845 (+5.1%) Shares 80,355 (-1.5%) Est. Cost $96.96 Unrealized +176.8%

TEL TE CONNECTIVITY PLC 5.0%

Value ($000) $23,049 (-3.4%) Shares 101,310 (-6.8%) Est. Cost $147.37 Unrealized +56.9%

NEE NEXTERA ENERGY INC 4.2%

Value ($000) $19,394 (+4.3%) Shares 241,575 (-2.0%) Est. Cost $62.38 Unrealized +32.3%

AMZN AMAZON COM INC 4.7%

Value ($000) $21,791 (+3.6%) Shares 94,409 (-1.4%) Est. Cost $140.19 Unrealized +63.2%

MDT MEDTRONIC PLC 4.3%

Value ($000) $19,726 (-3.7%) Shares 205,350 (-4.5%) Est. Cost $74.78 Unrealized +29.9%

CVX CHEVRON CORP NEW 4.0%

Value ($000) $18,639 (-2.9%) Shares 122,295 (-1.0%) Est. Cost $135.54 Unrealized +11.7%

GOOGL ALPHABET INC 0.3%

Value ($000) $1,549 (+27.6%) Shares 4,935 (-1.0%) Est. Cost $110.12 Unrealized +159.3%

AVGO BROADCOM INC 0.6%

Value ($000) $2,690 (+3.6%) Shares 7,773 (-1.2%) Est. Cost $215.92 Unrealized +65.3%

EMR EMERSON ELEC CO 4.4%

Value ($000) $20,447 (-0.4%) Shares 154,060 (-1.6%) Est. Cost $83.05 Unrealized +59.4%

JPM JPMORGAN CHASE & CO. 4.9%

Value ($000) $22,507 (-0.3%) Shares 69,850 (-2.4%) Est. Cost $228.03 Unrealized +35.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMGN	AMGEN INC	63,729 (-2.6%)	$20,859 (+13.0%)	4.5%	$196.07	+61.1%	COM	031162100
MSFT	MICROSOFT CORP	44,801 (-2.0%)	$21,667 (-8.5%)	4.7%	$88.09	+468.3%	COM	594918104
GLW	CORNING INC	266,255 (-13.0%)	$23,313 (-7.1%)	5.0%	$30.45	+182.3%	COM	219350105
ENB	ENBRIDGE INC	421,185 (-1.6%)	$20,145 (-6.7%)	4.4%	$32.36	+45.6%	COM	29250N105
GOOG	ALPHABET INC	85,261 (-18.5%)	$26,687 (+4.9%)	5.8%	$109.95	+160.4%	CAP STK CL C	02079K107
AAPL	APPLE INC	80,355 (-1.5%)	$21,845 (+5.1%)	4.7%	$96.96	+176.8%	COM	037833100
TEL	TE CONNECTIVITY PLC	101,310 (-6.8%)	$23,049 (-3.4%)	5.0%	$147.37	+56.9%	ORD SHS	G87052109
NEE	NEXTERA ENERGY INC	241,575 (-2.0%)	$19,394 (+4.3%)	4.2%	$62.38	+32.3%	COM	65339F101
AMZN	AMAZON COM INC	94,409 (-1.4%)	$21,791 (+3.6%)	4.7%	$140.19	+63.2%	COM	023135106
MDT	MEDTRONIC PLC	205,350 (-4.5%)	$19,726 (-3.7%)	4.3%	$74.78	+29.9%	SHS	G5960L103
CVX	CHEVRON CORP NEW	122,295 (-1.0%)	$18,639 (-2.9%)	4.0%	$135.54	+11.7%	COM	166764100
GOOGL	ALPHABET INC	4,935 (-1.0%)	$1,549 (+27.6%)	0.3%	$110.12	+159.3%	CAP STK CL A	02079K305
AVGO	BROADCOM INC	7,773 (-1.2%)	$2,690 (+3.6%)	0.6%	$215.92	+65.3%	COM	11135F101
EMR	EMERSON ELEC CO	154,060 (-1.6%)	$20,447 (-0.4%)	4.4%	$83.05	+59.4%	COM	291011104
JPM	JPMORGAN CHASE & CO.	69,850 (-2.4%)	$22,507 (-0.3%)	4.9%	$228.03	+35.7%	COM	46625H100

Unchanged Positions (8)

BLK BLACKROCK INC 4.3%

Value ($000) $20,038 Shares 18,721 Est. Cost $933.09 Unrealized +16.8%

V VISA INC 4.6%

Value ($000) $21,309 Shares 60,760 Est. Cost $298.33 Unrealized +14.1%

PEP PEPSICO INC 4.1%

Value ($000) $18,787 Shares 130,905 Est. Cost $102.45 Unrealized +42.4%

COST COSTCO WHSL CORP NEW 0.2%

Value ($000) $735 Shares 852 Est. Cost $469.46 Unrealized +92.9%

TJX TJX COS INC NEW 0.1%

Value ($000) $614 Shares 4,000 Est. Cost $125.88 Unrealized +17.3%

AVY AVERY DENNISON CORP 0.1%

Value ($000) $268 Shares 1,472 Est. Cost $107.75 Unrealized +59.9%

LIND LINDBLAD EXPEDITIONS HLDGS I 0.0%

Value ($000) $173 Shares 12,000 Est. Cost $13.03 Unrealized -3.2%

NVDA NVIDIA CORPORATION 1.6%

Value ($000) $7,304 Shares 39,162 Est. Cost $92.58 Unrealized +101.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BLK	BLACKROCK INC	18,721	$20,038	4.3%	$933.09	+16.8%	COM	09290D101
V	VISA INC	60,760	$21,309	4.6%	$298.33	+14.1%	COM CL A	92826C839
PEP	PEPSICO INC	130,905	$18,787	4.1%	$102.45	+42.4%	COM	713448108
COST	COSTCO WHSL CORP NEW	852	$735	0.2%	$469.46	+92.9%	COM	22160K105
TJX	TJX COS INC NEW	4,000	$614	0.1%	$125.88	+17.3%	COM	872540109
AVY	AVERY DENNISON CORP	1,472	$268	0.1%	$107.75	+59.9%	COM	053611109
LIND	LINDBLAD EXPEDITIONS HLDGS I	12,000	$173	0.0%	$13.03	-3.2%	COM	535219109
NVDA	NVIDIA CORPORATION	39,162	$7,304	1.6%	$92.58	+101.1%	COM	67066G104