CORTLAND ASSOCIATES INC/MO Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
FISV	Buy	FISERV INC	$52,973,000	-10.1%	468,957	+0.4%	8.31%	-12.5%
CI	Buy	CIGNA GROUP	$51,858,000	+29.3%	181,277	+26.8%	8.13%	+25.8%
V	Sell	VISA INC	$48,778,000	-26.8%	212,069	-24.4%	7.65%	-28.8%
BKNG	Sell	BOOKING HOLDINGS INC	$48,081,000	+13.7%	15,591	-0.4%	7.54%	+10.7%
WLTW	Sell	WILLIS TOWERS WATSON	$43,052,000	-12.6%	206,031	-1.5%	6.75%	-15.0%
GOOGL	Sell	ALPHABET INC CLASS A	$41,751,000	+9.2%	319,047	-0.1%	6.55%	+6.2%
FCNCA	Buy	FIRST CTZNS BANCSHARES CL A	$40,144,000	+7.7%	29,088	+0.1%	6.30%	+4.8%
DHR	Sell	DANAHER CORP	$37,985,000	+2.6%	153,105	-0.8%	5.96%	-0.2%
AMZN	Sell	AMAZON.COM INC	$31,263,000	-2.5%	245,931	-0.0%	4.90%	-5.1%
GOOG	Sell	ALPHABET INC CLASS C	$27,567,000	+8.5%	209,078	-0.4%	4.32%	+5.6%
PYPL	Sell	PAYPAL HOLDINGS INC	$27,171,000	-13.9%	464,774	-1.7%	4.26%	-16.2%
TPL	Sell	TEXAS PACIFIC LAND CORP	$26,430,000	+38.0%	14,493	-0.4%	4.14%	+34.3%
ATVI	Sell	ACTIVISION BLIZZARD INC	$24,156,000	+8.0%	257,989	-2.8%	3.79%	+5.1%
OWL	Buy	BLUE OWL CAPITAL INC COM CL A	$20,148,000	+548.1%	1,554,596	+482.6%	3.16%	+530.7%
FNV	Sell	FRANCO NEV CORP COM	$19,702,000	-7.7%	147,593	-1.4%	3.09%	-10.1%
CNC	Sell	CENTENE CORP	$14,538,000	+1.6%	211,061	-0.5%	2.28%	-1.2%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$13,225,000	-3.0%	120,209	-0.3%	2.07%	-5.6%
GLD	Sell	SPDR GOLD TRUST SPDR GOLD SHAR	$11,629,000	-4.6%	67,829	-0.9%	1.82%	-7.2%
	New	BROOKFIELD ASSET MANAG CL A LM	$11,156,000	–	334,612	–	1.75%	–
TCEHY	Sell	TENCENT HLDGS LTD ADR	$8,629,000	-11.9%	223,143	-3.2%	1.35%	-14.3%
JD	Sell	JD.COM INC	$4,985,000	-18.5%	171,113	-4.5%	0.78%	-20.7%
AAPL	Sell	APPLE INC	$4,815,000	-12.9%	28,125	-1.3%	0.76%	-15.3%
IDXX	Sell	IDEXX LABS INC	$2,682,000	-13.5%	6,134	-0.7%	0.42%	-15.8%
BRKB	Sell	BERKSHIRE HATHAWAY B NEW CLASS	$2,624,000	+2.0%	7,492	-0.7%	0.41%	-0.7%
MSFT	Sell	MICROSOFT CORP	$1,988,000	-7.3%	6,297	-0.0%	0.31%	-9.8%
PM	Buy	PHILIP MORRIS INTL INC	$1,570,000	-4.3%	16,959	+0.9%	0.25%	-6.8%
PG	Buy	PROCTER & GAMBLE	$956,000	-3.4%	6,554	+0.4%	0.15%	-6.2%
IVV	Sell	S&P 500 INDEX	$876,000	-6.5%	2,039	-3.0%	0.14%	-9.3%
MO	Buy	ALTRIA GROUP INC COM	$700,000	-6.4%	16,658	+0.9%	0.11%	-9.1%
MDLZ	Buy	MONDELEZ INTL INC	$687,000	-4.5%	9,903	+0.5%	0.11%	-6.9%
MRK	Sell	MERCK & CO INC NEW	$578,000	-11.9%	5,618	-1.1%	0.09%	-14.2%
CSCO	Sell	CISCO SYSTEMS INC	$454,000	+1.3%	8,453	-2.3%	0.07%	-1.4%
GPN	Sell	GLOBAL PAYMENTS INC	$428,000	+16.9%	3,710	-0.3%	0.07%	+13.6%
CAT	Buy	CATERPILLAR INC	$365,000	+11.3%	1,337	+0.2%	0.06%	+7.5%
	Buy	CTT CORREIOS DE PORTUG SHS	$284,000	-2.4%	77,250	+0.8%	0.04%	-4.3%
JNJ	Sell	JOHNSON & JOHNSON	$269,000	-8.2%	1,729	-2.2%	0.04%	-10.6%
MDY	Sell	SPDR S&P MIDCAP 400 ETF	$264,000	-6.7%	579	-2.0%	0.04%	-10.9%
PFE	Sell	PFIZER INC	$241,000	-10.4%	7,267	-0.9%	0.04%	-11.6%
EFA	Sell	ISHARES TR MSCI EAFE FD MSCI E	$230,000	-6.1%	3,335	-1.2%	0.04%	-7.7%
HD	Buy	HOME DEPOT INC	$221,000	-2.6%	733	+0.1%	0.04%	-5.4%
CMI	Buy	CUMMINS INC	$205,000	-6.4%	899	+0.7%	0.03%	-8.6%
	Exit	BROOKFIELD CORP	$0	–	-5,982	–	-0.03%	–
K	Exit	KELLOGG CO	$0	–	-4,814	–	-0.05%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-62,866	–	-0.84%	–

Q2 2023

			Value		Shares		↓ Weighting
V	New	VISA INC	$66,636,000	–	280,597	–	10.74%	–
FISV	New	FISERV INC	$58,930,000	–	467,140	–	9.50%	–
WLTW	New	WILLIS TOWERS WATSON	$49,280,000	–	209,258	–	7.94%	–
BKNG	New	BOOKING HOLDINGS INC	$42,270,000	–	15,654	–	6.81%	–
CI	New	CIGNA GROUP	$40,107,000	–	142,931	–	6.46%	–
GOOGL	New	ALPHABET INC CLASS A	$38,241,000	–	319,471	–	6.16%	–
FCNCA	New	FIRST CTZNS BANCSHARES CL A	$37,279,000	–	29,046	–	6.01%	–
DHR	New	DANAHER CORP	$37,037,000	–	154,321	–	5.97%	–
AMZN	New	AMAZON.COM INC	$32,069,000	–	246,002	–	5.17%	–
PYPL	New	PAYPAL HOLDINGS INC	$31,549,000	–	472,790	–	5.08%	–
GOOG	New	ALPHABET INC CLASS C	$25,404,000	–	210,001	–	4.09%	–
ATVI	New	ACTIVISION BLIZZARD INC	$22,366,000	–	265,316	–	3.60%	–
FNV	New	FRANCO NEV CORP COM	$21,341,000	–	149,655	–	3.44%	–
TPL	New	TEXAS PACIFIC LAND CORP	$19,155,000	–	14,550	–	3.09%	–
CNC	New	CENTENE CORP	$14,312,000	–	212,193	–	2.31%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$13,632,000	–	120,554	–	2.20%	–
GLD	New	SPDR GOLD TRUST SPDR GOLD SHAR	$12,196,000	–	68,415	–	1.97%	–
TCEHY	New	TENCENT HLDGS LTD ADR	$9,795,000	–	230,531	–	1.58%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$7,249,000	–	1,400	–	1.17%	–
JD	New	JD.COM INC	$6,118,000	–	179,262	–	0.99%	–
AAPL	New	APPLE INC	$5,529,000	–	28,504	–	0.89%	–
BABA	New	ALIBABA GP HLDG LTD	$5,240,000	–	62,866	–	0.84%	–
OWL	New	BLUE OWL CAPITAL INC COM CL A	$3,109,000	–	266,856	–	0.50%	–
IDXX	New	IDEXX LABS INC	$3,102,000	–	6,176	–	0.50%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$2,572,000	–	7,543	–	0.42%	–
MSFT	New	MICROSOFT CORP	$2,145,000	–	6,300	–	0.35%	–
PM	New	PHILIP MORRIS INTL INC	$1,640,000	–	16,804	–	0.26%	–
SHW	New	SHERWIN-WILLIAMS	$1,036,000	–	3,900	–	0.17%	–
PG	New	PROCTER & GAMBLE	$990,000	–	6,525	–	0.16%	–
IVV	New	S&P 500 INDEX	$937,000	–	2,102	–	0.15%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$798,000	–	3,275	–	0.13%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$761,000	–	7,028	–	0.12%	–
MO	New	ALTRIA GROUP INC COM	$748,000	–	16,513	–	0.12%	–
MDLZ	New	MONDELEZ INTL INC	$719,000	–	9,858	–	0.12%	–
MRK	New	MERCK & CO INC NEW	$656,000	–	5,683	–	0.11%	–
CSCO	New	CISCO SYSTEMS INC	$448,000	–	8,653	–	0.07%	–
	New	RICHARDS PACKAGING INCOME	$408,000	–	16,300	–	0.07%	–
PBA	New	PEMBINA PIPELINE CORP F	$375,000	–	11,939	–	0.06%	–
GPN	New	GLOBAL PAYMENTS INC	$366,000	–	3,720	–	0.06%	–
UNP	New	UNION PACIFIC CORP	$352,000	–	1,721	–	0.06%	–
CAT	New	CATERPILLAR INC	$328,000	–	1,334	–	0.05%	–
K	New	KELLOGG CO	$324,000	–	4,814	–	0.05%	–
PEP	New	PEPSICO INCORPORATED	$317,000	–	1,712	–	0.05%	–
PGR	New	PROGRESSIVE CORP OHIO	$307,000	–	2,319	–	0.05%	–
	New	CTT CORREIOS DE PORTUG SHS	$291,000	–	76,600	–	0.05%	–
JNJ	New	JOHNSON & JOHNSON	$293,000	–	1,767	–	0.05%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$285,000	–	2,986	–	0.05%	–
MDY	New	SPDR S&P MIDCAP 400 ETF	$283,000	–	591	–	0.05%	–
PFE	New	PFIZER INC	$269,000	–	7,336	–	0.04%	–
EFA	New	ISHARES TR MSCI EAFE FD MSCI E	$245,000	–	3,374	–	0.04%	–
HD	New	HOME DEPOT INC	$227,000	–	732	–	0.04%	–
CMI	New	CUMMINS INC	$219,000	–	893	–	0.04%	–
	New	BROOKFIELD CORP	$201,000	–	5,982	–	0.03%	–

Q4 2022

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
HD	Exit	HOME DEPOT INC	$0	–	-728	–	-0.04%	–
CMI	Exit	CUMMINS INC	$0	–	-1,000	–	-0.04%	–
	Exit	CTT CORREIOS DE PORTUG SHS	$0	–	-76,600	–	-0.04%	–
IWM	Exit	I SHARES RUSL 2000	$0	–	-1,241	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-2,986	–	-0.04%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,387	–	-0.04%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC	$0	–	-5,982	–	-0.04%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-2,319	–	-0.05%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF	$0	–	-714	–	-0.05%	–
PEP	Exit	PEPSICO INCORPORATED	$0	–	-1,797	–	-0.05%	–
CVX	Exit	CHEVRON CORPORATION	$0	–	-2,029	–	-0.05%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,010	–	-0.06%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.06%	–
PFE	Exit	PFIZER INC	$0	–	-8,663	–	-0.07%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-9,861	–	-0.07%	–
K	Exit	KELLOGG CO	$0	–	-5,835	–	-0.07%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-16,300	–	-0.09%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-2,756	–	-0.10%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-6,730	–	-0.10%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-10,993	–	-0.11%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-7,028	–	-0.11%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.12%	–
MO	Exit	ALTRIA GROUP INC COM	$0	–	-18,991	–	-0.14%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-3,900	–	-0.14%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-7,170	–	-0.16%	–
IVV	Exit	S&P 500 INDEX	$0	–	-2,609	–	-0.17%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,475	–	-0.27%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-18,695	–	-0.28%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-7,557	–	-0.36%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-6,486	–	-0.38%	–
AAPL	Exit	APPLE INC	$0	–	-31,778	–	-0.78%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-69,362	–	-0.99%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,500	–	-1.09%	–
TCEHY	Exit	TENCENT HLDGS LTD ADR	$0	–	-253,496	–	-1.53%	–
CRM	Exit	SALESFORCE INC	$0	–	-65,515	–	-1.68%	–
JD	Exit	JD.COM INC	$0	–	-197,646	–	-1.77%	–
GLD	Exit	SPDR GOLD TRUST SPDR GOLD SHAR	$0	–	-72,227	–	-1.99%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-127,254	–	-2.05%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-115,433	–	-2.32%	–
FB	Exit	META PLATFORMS INC	$0	–	-121,714	–	-2.94%	–
CNC	Exit	CENTENE CORP	$0	–	-224,986	–	-3.12%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-207,120	–	-3.17%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-11,167	–	-3.27%	–
FNV	Exit	FRANCO NEV CORP COM	$0	–	-157,661	–	-3.35%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-211,627	–	-3.60%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-227,121	–	-3.89%	–
GPN	Exit	GLOBAL PAYMENTS INC	$0	–	-252,183	–	-4.85%	–
TPL	Exit	TEXAS PACIFIC LAND CORP	$0	–	-15,456	–	-4.89%	–
FISV	Exit	FISERV INC	$0	–	-402,984	–	-6.71%	–
DHR	Exit	DANAHER CORP	$0	–	-164,142	–	-7.55%	–
FCNCA	Exit	FIRST CTZNS BANCSHARES CL A	$0	–	-55,929	–	-7.94%	–
WLTW	Exit	WILLIS TOWERS WATSON	$0	–	-224,502	–	-8.03%	–
CI	Exit	CIGNA CORP NEW	$0	–	-190,348	–	-9.40%	–
V	Exit	VISA INC	$0	–	-308,885	–	-9.77%	–

Q3 2022

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$54,873,000	-10.4%	308,885	-0.7%	9.77%	-3.5%
CI	Sell	CIGNA CORP NEW	$52,816,000	-17.1%	190,348	-21.2%	9.40%	-10.7%
WLTW	Sell	WILLIS TOWERS WATSON	$45,111,000	+1.1%	224,502	-0.7%	8.03%	+8.9%
FCNCA	Sell	FIRST CTZNS BANCSHARES CL A	$44,599,000	+21.4%	55,929	-0.4%	7.94%	+30.8%
DHR	Sell	DANAHER CORP	$42,396,000	+1.2%	164,142	-0.7%	7.55%	+9.0%
FISV	Sell	FISERV INC	$37,707,000	+4.8%	402,984	-0.3%	6.71%	+12.9%
TPL	Sell	TEXAS PACIFIC LAND CORP	$27,468,000	+18.8%	15,456	-0.5%	4.89%	+28.0%
GPN	Sell	GLOBAL PAYMENTS INC	$27,248,000	-45.2%	252,183	-43.9%	4.85%	-41.0%
GOOG	Buy	ALPHABET INC CLASS C	$21,838,000	-12.9%	227,121	+1881.9%	3.89%	-6.2%
GOOGL	Buy	ALPHABET INC CLASS A	$20,242,000	-12.3%	211,627	+1898.0%	3.60%	-5.6%
FNV	Sell	FRANCO NEV CORP COM	$18,837,000	-9.7%	157,661	-0.5%	3.35%	-2.7%
BKNG	Buy	BOOKING HOLDINGS INC	$18,350,000	+78.3%	11,167	+89.8%	3.27%	+92.1%
PYPL	Sell	PAYPAL HOLDINGS INC	$17,827,000	+22.9%	207,120	-0.3%	3.17%	+32.4%
CNC	Sell	CENTENE CORP	$17,506,000	-8.7%	224,986	-0.7%	3.12%	-1.7%
FB	Sell	META PLATFORMS INC	$16,514,000	-16.6%	121,714	-0.9%	2.94%	-10.1%
AMZN	Sell	AMAZON.COM INC	$13,044,000	+5.8%	115,433	-0.5%	2.32%	+14.0%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$11,497,000	-4.9%	127,254	-1.0%	2.05%	+2.4%
GLD	Sell	SPDR GOLD TRUST SPDR GOLD SHAR	$11,171,000	-8.4%	72,227	-0.3%	1.99%	-1.4%
JD	Sell	JD.COM INC	$9,942,000	-25.1%	197,646	-4.4%	1.77%	-19.4%
CRM	Sell	SALESFORCE INC	$9,424,000	-13.7%	65,515	-0.9%	1.68%	-7.0%
TCEHY	Sell	TENCENT HLDGS LTD ADR	$8,573,000	-28.3%	253,496	-3.8%	1.53%	-22.8%
BABA	Sell	ALIBABA GP HLDG LTD	$5,548,000	-32.1%	69,362	-3.5%	0.99%	-26.9%
AAPL	Sell	APPLE INC	$4,392,000	+0.8%	31,778	-0.3%	0.78%	+8.6%
IDXX	Sell	IDEXX LABS INC	$2,113,000	-7.8%	6,486	-0.7%	0.38%	-0.8%
BRKB	Buy	BERKSHIRE HATHAWAY B NEW CLASS	$2,018,000	-2.2%	7,557	+0.0%	0.36%	+5.3%
MSFT	Sell	MICROSOFT CORP	$1,508,000	-9.5%	6,475	-0.2%	0.27%	-2.2%
IVV	Sell	S&P 500 INDEX	$936,000	-10.5%	2,609	-5.4%	0.17%	-3.5%
MO	Sell	ALTRIA GROUP INC COM	$767,000	-3.5%	18,991	-0.2%	0.14%	+4.6%
MRK	Buy	MERCK & CO INC NEW	$580,000	-4.0%	6,730	+1.5%	0.10%	+3.0%
UNP	Sell	UNION PACIFIC CORP	$537,000	-10.9%	2,756	-2.5%	0.10%	-4.0%
K	Sell	KELLOGG CO	$406,000	-2.9%	5,835	-0.4%	0.07%	+4.3%
PFE	Buy	PFIZER INC	$379,000	-16.5%	8,663	+0.1%	0.07%	-10.7%
JNJ	Buy	JOHNSON & JOHNSON	$328,000	-6.3%	2,010	+1.9%	0.06%	0.0%
PEP	Buy	PEPSICO INCORPORATED	$293,000	+2.4%	1,797	+4.5%	0.05%	+10.6%
CVX	Sell	CHEVRON CORPORATION	$292,000	-2.7%	2,029	-1.9%	0.05%	+4.0%
IWM	Buy	I SHARES RUSL 2000	$205,000	-2.4%	1,241	+0.1%	0.04%	+5.7%
HD	New	HOME DEPOT INC	$201,000	–	728	–	0.04%	–
CMI	New	CUMMINS INC	$204,000	–	1,000	–	0.04%	–
AMGN	Exit	AMGEN INCORPORATED	$0	–	-830	–	-0.03%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-2,592	–	-0.03%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-1,558	–	-0.04%	–
ABNB	Exit	AIRBNB INC	$0	–	-35,944	–	-0.53%	–

Q2 2022

			Value		Shares		↓ Weighting
CI	New	CIGNA CORP NEW	$63,681,000	–	241,656	–	10.53%	–
V	New	VISA INC	$61,263,000	–	311,151	–	10.13%	–
GPN	New	GLOBAL PAYMENTS INC	$49,751,000	–	449,665	–	8.22%	–
WLTW	New	WILLIS TOWERS WATSON	$44,606,000	–	225,977	–	7.37%	–
DHR	New	DANAHER CORP	$41,903,000	–	165,285	–	6.93%	–
FCNCA	New	FIRST CTZNS BANCSHARES CL A	$36,725,000	–	56,173	–	6.07%	–
FISV	New	FISERV INC	$35,971,000	–	404,301	–	5.95%	–
GOOG	New	ALPHABET INC CLASS C	$25,068,000	–	11,460	–	4.14%	–
TPL	New	TEXAS PACIFIC LAND CORP	$23,122,000	–	15,538	–	3.82%	–
GOOGL	New	ALPHABET INC CLASS A	$23,083,000	–	10,592	–	3.82%	–
FNV	New	FRANCO NEV CORP COM	$20,853,000	–	158,479	–	3.45%	–
FB	New	META PLATFORMS INC	$19,797,000	–	122,773	–	3.27%	–
CNC	New	CENTENE CORP	$19,180,000	–	226,682	–	3.17%	–
PYPL	New	PAYPAL HOLDINGS INC	$14,509,000	–	207,753	–	2.40%	–
JD	New	JD.COM INC	$13,277,000	–	206,741	–	2.20%	–
AMZN	New	AMAZON.COM INC	$12,325,000	–	116,044	–	2.04%	–
GLD	New	SPDR GOLD TRUST SPDR GOLD SHAR	$12,201,000	–	72,425	–	2.02%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$12,093,000	–	128,598	–	2.00%	–
TCEHY	New	TENCENT HLDGS LTD ADR	$11,963,000	–	263,561	–	1.98%	–
CRM	New	SALESFORCE INC	$10,916,000	–	66,139	–	1.80%	–
BKNG	New	BOOKING HOLDINGS INC	$10,289,000	–	5,883	–	1.70%	–
BABA	New	ALIBABA GP HLDG LTD	$8,172,000	–	71,882	–	1.35%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$6,134,000	–	1,500	–	1.01%	–
AAPL	New	APPLE INC	$4,357,000	–	31,867	–	0.72%	–
ABNB	New	AIRBNB INC	$3,202,000	–	35,944	–	0.53%	–
IDXX	New	IDEXX LABS INC	$2,291,000	–	6,533	–	0.38%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$2,063,000	–	7,555	–	0.34%	–
PM	New	PHILIP MORRIS INTL INC	$1,846,000	–	18,695	–	0.30%	–
MSFT	New	MICROSOFT CORP	$1,666,000	–	6,488	–	0.28%	–
IVV	New	S&P 500 INDEX	$1,046,000	–	2,759	–	0.17%	–
PG	New	PROCTER & GAMBLE	$1,031,000	–	7,170	–	0.17%	–
SHW	New	SHERWIN-WILLIAMS	$873,000	–	3,900	–	0.14%	–
MO	New	ALTRIA GROUP INC COM	$795,000	–	19,021	–	0.13%	–
MDLZ	New	MONDELEZ INTL INC	$683,000	–	10,993	–	0.11%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$680,000	–	3,275	–	0.11%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$649,000	–	7,028	–	0.11%	–
	New	RICHARDS PACKAGING INCOME	$644,000	–	16,300	–	0.11%	–
UNP	New	UNION PACIFIC CORP	$603,000	–	2,826	–	0.10%	–
MRK	New	MERCK & CO INC NEW	$604,000	–	6,629	–	0.10%	–
PFE	New	PFIZER INC	$454,000	–	8,655	–	0.08%	–
PBA	New	PEMBINA PIPELINE CORP F	$422,000	–	11,939	–	0.07%	–
CSCO	New	CISCO SYSTEMS INC	$420,000	–	9,861	–	0.07%	–
K	New	KELLOGG CO	$418,000	–	5,860	–	0.07%	–
JNJ	New	JOHNSON & JOHNSON	$350,000	–	1,973	–	0.06%	–
CVX	New	CHEVRON CORPORATION	$300,000	–	2,069	–	0.05%	–
MDY	New	SPDR S&P MIDCAP 400 ETF	$295,000	–	714	–	0.05%	–
PEP	New	PEPSICO INCORPORATED	$286,000	–	1,719	–	0.05%	–
PGR	New	PROGRESSIVE CORP OHIO	$270,000	–	2,319	–	0.04%	–
BAM	New	BROOKFIELD ASSET MGMT INC	$266,000	–	5,982	–	0.04%	–
	New	CTT CORREIOS DE PORTUG SHS	$251,000	–	76,600	–	0.04%	–
CAT	New	CATERPILLAR INC	$248,000	–	1,387	–	0.04%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$240,000	–	2,986	–	0.04%	–
IBM	New	INTL BUSINESS MACHINES	$220,000	–	1,558	–	0.04%	–
IWM	New	I SHARES RUSL 2000	$210,000	–	1,240	–	0.04%	–
EMR	New	EMERSON ELECTRIC CO	$206,000	–	2,592	–	0.03%	–
AMGN	New	AMGEN INCORPORATED	$202,000	–	830	–	0.03%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-2,359	–	-0.02%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-1,124	–	-0.02%	–
CMI	Exit	CUMMINS INC	$0	–	-1,000	–	-0.02%	–
VWO	Exit	VANGUARD FTSE EMERGING MKTS IN	$0	–	-4,477	–	-0.02%	–
FIS	Exit	FIDELITY NATL INFO SVCS	$0	–	-2,049	–	-0.03%	–
HD	Exit	HOME DEPOT INC	$0	–	-749	–	-0.03%	–
PEP	Exit	PEPSICO INCORPORATED	$0	–	-1,719	–	-0.03%	–
COHR	Exit	COHERENT INC	$0	–	-1,000	–	-0.03%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,387	–	-0.03%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-1,808	–	-0.03%	–
DSKE	Exit	DASEKE INC COM	$0	–	-31,284	–	-0.03%	–
K	Exit	KELLOGG CO	$0	–	-5,000	–	-0.04%	–
PFE	Exit	PFIZER INC	$0	–	-7,696	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.04%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.04%	–
	Exit	BAIRD FINANCIAL GROUP INC	$0	–	-7,986	–	-0.04%	–
IWM	Exit	I SHARES RUSL 2000	$0	–	-1,867	–	-0.04%	–
	Exit	CTT CORREIOS DE PORTUG SHS	$0	–	-76,600	–	-0.04%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC	$0	–	-7,883	–	-0.05%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-5,954	–	-0.05%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-500	–	-0.06%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF	$0	–	-1,051	–	-0.06%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-9,861	–	-0.06%	–
GOEV	Exit	CANOO INC COM CL A	$0	–	-75,000	–	-0.06%	–
ECOL	Exit	US ECOLOGY INC	$0	–	-18,410	–	-0.07%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-10,993	–	-0.07%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-33,160	–	-0.08%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-7,250	–	-0.09%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.09%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-17,946	–	-0.09%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-7,170	–	-0.11%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.11%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-3,900	–	-0.12%	–
IVV	Exit	S&P 500 INDEX	$0	–	-3,374	–	-0.16%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-18,695	–	-0.20%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,812	–	-0.21%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-7,405	–	-0.22%	–
AAPL	Exit	APPLE INC	$0	–	-33,487	–	-0.52%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,500	–	-0.68%	–
ABNB	Exit	AIRBNB INC	$0	–	-43,288	–	-0.80%	–
WDAY	Exit	WORKDAY INC CL A	$0	–	-45,921	–	-1.26%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-96,857	–	-1.58%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-23,810	–	-1.63%	–
FNV	Exit	FRANCO NEV CORP COM	$0	–	-118,745	–	-1.70%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-150,627	–	-1.90%	–
JD	Exit	JD.COM INC	$0	–	-258,189	–	-2.05%	–
TCEHY	Exit	TENCENT HLDGS LTD ADR	$0	–	-328,110	–	-2.16%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-77,975	–	-2.33%	–
TPL	Exit	TEXAS PACIFIC LAND CORP	$0	–	-17,893	–	-2.38%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-6,822	–	-2.47%	–
AON	Exit	AON PLC	$0	–	-96,590	–	-3.04%	–
CNC	Exit	CENTENE CORP	$0	–	-492,202	–	-3.38%	–
GPN	Exit	GLOBAL PAYMENTS INC	$0	–	-232,177	–	-4.03%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-14,288	–	-4.19%	–
FISV	Exit	FISERV INC	$0	–	-366,552	–	-4.38%	–
CIT	Exit	CIT GROUP INC	$0	–	-1,050,077	–	-6.00%	–
CI	Exit	CIGNA CORP NEW	$0	–	-277,463	–	-6.11%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-214,543	–	-6.15%	–
DHR	Exit	DANAHER CORP	$0	–	-192,782	–	-6.46%	–
WLTW	Exit	WILLIS TOWERS WATSON	$0	–	-262,743	–	-6.72%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-23,400	–	-6.89%	–
V	Exit	VISA INC	$0	–	-357,941	–	-8.78%	–
FB	Exit	META PLATFORMS INC	$0	–	-264,743	–	-9.89%	–

Q3 2021

			Value		Shares		↓ Weighting
FB	Sell	META PLATFORMS INC	$89,851,000	-2.4%	264,743	-0.0%	9.89%	+2.7%
V	Buy	VISA INC	$79,731,000	-4.3%	357,941	+0.5%	8.78%	+0.7%
GOOGL	Sell	ALPHABET INC CLASS A	$62,560,000	-22.0%	23,400	-28.8%	6.89%	-17.9%
WLTW	Buy	WILLIS TOWERS WATSON	$61,077,000	+22.9%	262,743	+21.6%	6.72%	+29.3%
DHR	Buy	DANAHER CORP	$58,691,000	+13.7%	192,782	+0.2%	6.46%	+19.6%
PYPL	Buy	PAYPAL HOLDINGS INC	$55,826,000	-10.4%	214,543	+0.4%	6.15%	-5.7%
CI	Buy	CIGNA CORP NEW	$55,537,000	+11.1%	277,463	+31.5%	6.11%	+16.9%
CIT	Buy	CIT GROUP INC	$54,551,000	+1.2%	1,050,077	+0.5%	6.00%	+6.5%
FISV	New	FISERV INC	$39,771,000	–	366,552	–	4.38%	–
GOOG	Sell	ALPHABET INC CLASS C	$38,082,000	+4.3%	14,288	-2.0%	4.19%	+9.7%
GPN	Buy	GLOBAL PAYMENTS INC	$36,586,000	-15.0%	232,177	+1.1%	4.03%	-10.6%
CNC	Buy	CENTENE CORP	$30,669,000	-14.4%	492,202	+0.2%	3.38%	-9.9%
AON	Buy	AON PLC	$27,602,000	+20.5%	96,590	+0.7%	3.04%	+26.9%
AMZN	Buy	AMAZON.COM INC	$22,411,000	-4.2%	6,822	+0.4%	2.47%	+0.9%
TPL	Buy	TEXAS PACIFIC LAND CORP	$21,639,000	-23.3%	17,893	+1.4%	2.38%	-19.3%
CRM	Buy	SALESFORCE.COM INC	$21,148,000	+12.4%	77,975	+1.3%	2.33%	+18.4%
TCEHY	Sell	TENCENT HLDGS LTD ADR	$19,611,000	-55.0%	328,110	-43.3%	2.16%	-52.6%
JD	Sell	JD.COM INC	$18,652,000	-49.4%	258,189	-44.1%	2.05%	-46.8%
ICE	Buy	INTERCONTINENTAL EXCHANGE	$17,295,000	-2.8%	150,627	+0.5%	1.90%	+2.3%
FNV	Sell	FRANCO NEV CORP COM	$15,426,000	-10.8%	118,745	-0.3%	1.70%	-6.1%
IDXX	Buy	IDEXX LABS INC	$14,807,000	-1.4%	23,810	+0.2%	1.63%	+3.8%
BABA	Sell	ALIBABA GP HLDG LTD	$14,340,000	-65.5%	96,857	-47.1%	1.58%	-63.7%
WDAY	Buy	WORKDAY INC CL A	$11,475,000	+5.0%	45,921	+0.3%	1.26%	+10.5%
ABNB	Sell	AIRBNB INC	$7,262,000	+8.8%	43,288	-0.7%	0.80%	+14.5%
AAPL	Buy	APPLE INC	$4,738,000	+3.3%	33,487	+0.0%	0.52%	+8.8%
BRKB	Buy	BERKSHIRE HATHAWAY B NEW CLASS	$2,021,000	-1.3%	7,405	+0.5%	0.22%	+3.7%
MSFT	Sell	MICROSOFT CORP	$1,920,000	-3.3%	6,812	-7.1%	0.21%	+1.4%
PM	Sell	PHILIP MORRIS INTL INC	$1,772,000	-4.8%	18,695	-0.4%	0.20%	0.0%
MO	Sell	ALTRIA GROUP INC	$817,000	-5.0%	17,946	-0.5%	0.09%	0.0%
CSCO	Sell	CISCO SYSTEMS INC	$537,000	-12.0%	9,861	-14.3%	0.06%	-7.8%
BAM	Buy	BROOKFIELD ASSET MGMT INC	$422,000	+5.2%	7,883	+0.3%	0.05%	+9.5%
	New	BAIRD FINANCIAL GROUP INC	$401,000	–	7,986	–	0.04%	–
JNJ	Buy	JOHNSON & JOHNSON	$292,000	-2.0%	1,808	+0.1%	0.03%	+3.2%
HD	Buy	HOME DEPOT INC	$246,000	+2.9%	749	+0.1%	0.03%	+8.0%
UNP	Buy	UNION PACIFIC CORP	$220,000	-10.9%	1,124	+0.2%	0.02%	-7.7%
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-1,785	–	-0.03%	–

Q2 2021

			Value		Shares		↓ Weighting
FB	New	FACEBOOK INC A	$92,081,000	–	264,821	–	9.63%	–
V	New	VISA INC	$83,284,000	–	356,189	–	8.71%	–
GOOGL	New	ALPHABET INC CLASS A	$80,230,000	–	32,857	–	8.39%	–
PYPL	New	PAYPAL HOLDINGS INC	$62,309,000	–	213,767	–	6.52%	–
CIT	New	CIT GROUP INC	$53,915,000	–	1,045,073	–	5.64%	–
DHR	New	DANAHER CORP	$51,637,000	–	192,417	–	5.40%	–
CI	New	CIGNA CORP NEW	$50,005,000	–	210,928	–	5.23%	–
WLTW	New	WILLIS TOWERS WATSON	$49,698,000	–	216,058	–	5.20%	–
TCEHY	New	TENCENT HLDGS LTD ADR	$43,578,000	–	578,728	–	4.56%	–
GPN	New	GLOBAL PAYMENTS INC	$43,061,000	–	229,608	–	4.50%	–
BABA	New	ALIBABA GP HLDG LTD	$41,537,000	–	183,162	–	4.34%	–
JD	New	JD.COM INC	$36,888,000	–	462,203	–	3.86%	–
GOOG	New	ALPHABET INC CLASS C	$36,527,000	–	14,574	–	3.82%	–
CNC	New	CENTENE CORP	$35,814,000	–	491,077	–	3.75%	–
TPL	New	TEXAS PACIFIC LAND CORP	$28,229,000	–	17,646	–	2.95%	–
AMZN	New	AMAZON.COM INC	$23,383,000	–	6,797	–	2.45%	–
AON	New	AON PLC	$22,897,000	–	95,900	–	2.40%	–
CRM	New	SALESFORCE.COM INC	$18,808,000	–	76,996	–	1.97%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$17,792,000	–	149,888	–	1.86%	–
FNV	New	FRANCO NEV CORP COM	$17,286,000	–	119,157	–	1.81%	–
IDXX	New	IDEXX LABS INC	$15,014,000	–	23,774	–	1.57%	–
WDAY	New	WORKDAY INC CL A	$10,926,000	–	45,764	–	1.14%	–
ABNB	New	AIRBNB INC	$6,676,000	–	43,591	–	0.70%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$6,279,000	–	1,500	–	0.66%	–
AAPL	New	APPLE INC	$4,586,000	–	33,485	–	0.48%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$2,048,000	–	7,368	–	0.21%	–
MSFT	New	MICROSOFT CORP	$1,986,000	–	7,332	–	0.21%	–
PM	New	PHILIP MORRIS INTL INC	$1,861,000	–	18,779	–	0.20%	–
IVV	New	S&P 500 INDEX	$1,451,000	–	3,374	–	0.15%	–
SHW	New	SHERWIN-WILLIAMS	$1,063,000	–	3,900	–	0.11%	–
	New	RICHARDS PACKAGING INCOME	$1,011,000	–	20,500	–	0.11%	–
PG	New	PROCTER & GAMBLE	$967,000	–	7,170	–	0.10%	–
MO	New	ALTRIA GROUP INC	$860,000	–	18,036	–	0.09%	–
BLBD	New	BLUE BIRD CORP	$824,000	–	33,160	–	0.09%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$793,000	–	3,275	–	0.08%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$783,000	–	7,250	–	0.08%	–
GOEV	New	CANOO INC COM CL A	$746,000	–	75,000	–	0.08%	–
MDLZ	New	MONDELEZ INTL INC	$686,000	–	10,993	–	0.07%	–
ECOL	New	US ECOLOGY INC	$691,000	–	18,410	–	0.07%	–
CSCO	New	CISCO SYSTEMS INC	$610,000	–	11,501	–	0.06%	–
MDY	New	SPDR S&P MIDCAP 400 ETF	$516,000	–	1,051	–	0.05%	–
ISRG	New	INTUITIVE SURGICAL INC	$460,000	–	500	–	0.05%	–
MRK	New	MERCK & CO INC NEW	$463,000	–	5,954	–	0.05%	–
	New	CTT CORREIOS DE PORTUG SHS	$438,000	–	76,600	–	0.05%	–
IWM	New	I SHARES RUSL 2000	$428,000	–	1,867	–	0.04%	–
BAM	New	BROOKFIELD ASSET MGMT INC	$401,000	–	7,859	–	0.04%	–
PBA	New	PEMBINA PIPELINE CORP F	$379,000	–	11,939	–	0.04%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$338,000	–	3,150	–	0.04%	–
K	New	KELLOGG CO	$322,000	–	5,000	–	0.03%	–
CAT	New	CATERPILLAR INC	$302,000	–	1,387	–	0.03%	–
JNJ	New	JOHNSON & JOHNSON	$298,000	–	1,807	–	0.03%	–
PFE	New	PFIZER INC	$301,000	–	7,696	–	0.03%	–
FIS	New	FIDELITY NATL INFO SVCS	$290,000	–	2,049	–	0.03%	–
COHR	New	COHERENT INC	$264,000	–	1,000	–	0.03%	–
IBM	New	INTL BUSINESS MACHINES	$262,000	–	1,785	–	0.03%	–
PEP	New	PEPSICO INCORPORATED	$255,000	–	1,719	–	0.03%	–
CMI	New	CUMMINS INC	$244,000	–	1,000	–	0.03%	–
UNP	New	UNION PACIFIC CORP	$247,000	–	1,122	–	0.03%	–
HD	New	HOME DEPOT INC	$239,000	–	748	–	0.02%	–
VWO	New	VANGUARD FTSE EMERGING MKTS IN	$243,000	–	4,477	–	0.02%	–
PGR	New	PROGRESSIVE CORP OHIO	$232,000	–	2,359	–	0.02%	–
DSKE	New	DASEKE INC COM	$203,000	–	31,284	–	0.02%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
DSKE	Exit	DASEKE INC COM	$0	–	-31,284	–	-0.02%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,417	–	-0.03%	–
CMI	Exit	CUMMINS INC	$0	–	-1,000	–	-0.03%	–
	Exit	CTT CORREIOS DE PORTUG SHS	$0	–	-72,600	–	-0.03%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-1,116	–	-0.03%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-2,434	–	-0.03%	–
PEP	Exit	PEPSICO INCORPORATED	$0	–	-1,720	–	-0.03%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-1,654	–	-0.03%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.03%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC	$0	–	-7,959	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.04%	–
PFE	Exit	PFIZER INC	$0	–	-7,846	–	-0.04%	–
FIS	Exit	FIDELITY NATL INFO SVCS	$0	–	-2,049	–	-0.04%	–
K	Exit	KELLOGG CO	$0	–	-5,000	–	-0.04%	–
CTAS	Exit	CINTAS CORP	$0	–	-1,000	–	-0.04%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-2,917	–	-0.05%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-10,826	–	-0.05%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-33,160	–	-0.05%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-5,954	–	-0.07%	–
IVV	Exit	S&P 500 INDEX	$0	–	-1,484	–	-0.07%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-13,750	–	-0.07%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.08%	–
ECOL	Exit	US ECOLOGY INC	$0	–	-18,410	–	-0.08%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.08%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-10,993	–	-0.08%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-18,036	–	-0.09%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.12%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-7,173	–	-0.13%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.17%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-18,779	–	-0.19%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,955	–	-0.20%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-7,518	–	-0.22%	–
AAPL	Exit	APPLE INC	$0	–	-36,119	–	-0.56%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,500	–	-0.64%	–
TPL	Exit	TEXAS PACIFIC LAND TRUST	$0	–	-12,256	–	-0.74%	–
FNV	Exit	FRANCO NEV CORP COM	$0	–	-46,266	–	-0.87%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-23,978	–	-1.26%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-47,806	–	-1.49%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-151,165	–	-2.03%	–
WDAY	Exit	WORKDAY INC CL A	$0	–	-83,611	–	-2.41%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-75,877	–	-2.56%	–
AON	Exit	AON PLC	$0	–	-96,612	–	-2.67%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-6,725	–	-2.84%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-15,927	–	-3.14%	–
TRU	Exit	TRANSUNION COM	$0	–	-298,113	–	-3.36%	–
CNC	Exit	CENTENE CORP	$0	–	-493,879	–	-3.87%	–
WLTW	Exit	WILLIS TOWERS WATSON	$0	–	-142,925	–	-4.00%	–
JD	Exit	JD.COM INC	$0	–	-459,951	–	-4.79%	–
CI	Exit	CIGNA CORP NEW	$0	–	-218,201	–	-4.96%	–
TCEHY	Exit	TENCENT HLDGS LTD ADR	$0	–	-576,731	–	-5.24%	–
GPN	Exit	GLOBAL PAYMENTS INC	$0	–	-228,412	–	-5.44%	–
DHR	Exit	DANAHER CORP	$0	–	-193,785	–	-5.60%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-144,491	–	-5.70%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-33,971	–	-6.68%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-288,391	–	-7.62%	–
FB	Exit	FACEBOOK INC A	$0	–	-270,167	–	-9.50%	–
V	Exit	VISA INC	$0	–	-361,070	–	-9.69%	–

Q3 2020

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$72,203,000	+2.9%	361,070	-0.6%	9.69%	-6.3%
FB	Buy	FACEBOOK INC A	$70,757,000	+16.0%	270,167	+0.5%	9.50%	+5.6%
PYPL	Sell	PAYPAL HOLDINGS INC	$56,822,000	+12.7%	288,391	-0.4%	7.62%	+2.6%
GOOGL	Buy	ALPHABET INC CLASS A	$49,788,000	+5.4%	33,971	+2.0%	6.68%	-4.0%
BABA	Sell	ALIBABA GP HLDG LTD	$42,477,000	+35.4%	144,491	-0.6%	5.70%	+23.3%
DHR	Sell	DANAHER CORP	$41,728,000	+20.7%	193,785	-0.9%	5.60%	+9.9%
GPN	Sell	GLOBAL PAYMENTS INC	$40,561,000	+4.5%	228,412	-0.2%	5.44%	-4.9%
TCEHY	Sell	TENCENT HLDGS LTD ADR	$39,016,000	+5.1%	576,731	-0.5%	5.24%	-4.3%
CI	Sell	CIGNA CORP NEW	$36,966,000	-37.8%	218,201	-31.1%	4.96%	-43.4%
JD	Sell	JD.COM INC	$35,697,000	+28.1%	459,951	-0.6%	4.79%	+16.7%
WLTW	Buy	WILLIS TOWERS WATSON	$29,846,000	+74.9%	142,925	+65.0%	4.00%	+59.3%
CNC	Sell	CENTENE CORP	$28,808,000	-8.8%	493,879	-0.7%	3.87%	-17.0%
TRU	Sell	TRANSUNION COM	$25,080,000	-3.5%	298,113	-0.2%	3.36%	-12.2%
GOOG	Sell	ALPHABET INC CLASS C	$23,406,000	+2.3%	15,927	-1.6%	3.14%	-6.9%
AMZN	Buy	AMAZON.COM INC	$21,175,000	+14.4%	6,725	+0.2%	2.84%	+4.1%
AON	Sell	AON PLC	$19,931,000	+7.0%	96,612	-0.1%	2.67%	-2.7%
CRM	Sell	SALESFORCE.COM INC	$19,069,000	+33.1%	75,877	-0.8%	2.56%	+21.2%
WDAY	Sell	WORKDAY INC CL A	$17,987,000	+14.0%	83,611	-0.7%	2.41%	+3.8%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$15,124,000	+8.5%	151,165	-0.7%	2.03%	-1.2%
BDX	Buy	BECTON DICKINSON & CO	$11,124,000	-1.8%	47,806	+1.0%	1.49%	-10.5%
IDXX	Sell	IDEXX LABS INC	$9,426,000	+17.8%	23,978	-1.0%	1.26%	+7.3%
FNV	New	FRANCO NEV CORP COM	$6,458,000	–	46,266	–	0.87%	–
TPL	New	TEXAS PACIFIC LAND TRUST	$5,534,000	–	12,256	–	0.74%	–
AAPL	Buy	APPLE INC	$4,183,000	+28.0%	36,119	+303.3%	0.56%	+16.4%
MSFT	Buy	MICROSOFT CORP	$1,463,000	+9.5%	6,955	+6.0%	0.20%	-0.5%
PM	Sell	PHILIP MORRIS INTL INC	$1,408,000	+6.5%	18,779	-0.5%	0.19%	-3.1%
PG	Sell	PROCTER & GAMBLE	$997,000	+14.9%	7,173	-1.2%	0.13%	+4.7%
MO	Sell	ALTRIA GROUP INC	$697,000	-11.2%	18,036	-9.8%	0.09%	-19.0%
ECOL	New	US ECOLOGY INC	$601,000	–	18,410	–	0.08%	–
CSCO	Sell	CISCO SYSTEMS INC	$542,000	-16.1%	13,750	-0.7%	0.07%	-23.2%
MRK	Sell	MERCK & CO INC NEW	$494,000	+5.6%	5,954	-1.6%	0.07%	-4.3%
XOM	Sell	EXXON MOBIL CORPORATION	$372,000	-23.8%	10,826	-0.7%	0.05%	-30.6%
IBM	Sell	INTL BUSINESS MACHINES	$355,000	-14.5%	2,917	-15.1%	0.05%	-21.3%
PGR	New	PROGRESSIVE CORP OHIO	$230,000	–	2,434	–	0.03%	–
UNP	New	UNION PACIFIC CORP	$220,000	–	1,116	–	0.03%	–
	Buy	CTT CORREIOS DE PORTUG SHS	$214,000	+84.5%	72,600	+48.5%	0.03%	+70.6%
CMI	New	CUMMINS INC	$211,000	–	1,000	–	0.03%	–
CAT	New	CATERPILLAR INC	$211,000	–	1,417	–	0.03%	–
DSKE	Sell	DASEKE INC COM	$168,000	+23.5%	31,284	-9.5%	0.02%	+15.0%
USLG	Exit	U S LTG GROUP INC COM	$0	–	-100,000	–	-0.01%	–
HD	Exit	HOME DEPOT INC	$0	–	-813	–	-0.03%	–
ABBV	Exit	ABBVIE INC	$0	–	-2,076	–	-0.03%	–

Q2 2020

			Value		Shares		↓ Weighting
V	New	VISA INC	$70,160,000	–	363,204	–	10.34%	–
FB	New	FACEBOOK INC A	$61,015,000	–	268,704	–	8.99%	–
CI	New	CIGNA CORP NEW	$59,468,000	–	316,912	–	8.76%	–
PYPL	New	PAYPAL HOLDINGS INC	$50,436,000	–	289,480	–	7.43%	–
GOOGL	New	ALPHABET INC CLASS A	$47,234,000	–	33,309	–	6.96%	–
GPN	New	GLOBAL PAYMENTS INC	$38,826,000	–	228,902	–	5.72%	–
TCEHY	New	TENCENT HLDGS LTD ADR	$37,108,000	–	579,813	–	5.47%	–
DHR	New	DANAHER CORP	$34,562,000	–	195,452	–	5.09%	–
CNC	New	CENTENE CORP	$31,602,000	–	497,281	–	4.66%	–
BABA	New	ALIBABA GP HLDG LTD	$31,368,000	–	145,425	–	4.62%	–
JD	New	JD.COM INC	$27,860,000	–	462,943	–	4.11%	–
TRU	New	TRANSUNION COM	$25,997,000	–	298,679	–	3.83%	–
GOOG	New	ALPHABET INC CLASS C	$22,888,000	–	16,191	–	3.37%	–
AON	New	AON PLC	$18,635,000	–	96,755	–	2.75%	–
AMZN	New	AMAZON.COM INC	$18,509,000	–	6,709	–	2.73%	–
WLTW	New	WILLIS TOWERS WATSON	$17,060,000	–	86,622	–	2.51%	–
WDAY	New	WORKDAY INC CL A	$15,773,000	–	84,185	–	2.32%	–
CRM	New	SALESFORCE.COM INC	$14,327,000	–	76,478	–	2.11%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$13,938,000	–	152,159	–	2.05%	–
BDX	New	BECTON DICKINSON & CO	$11,323,000	–	47,325	–	1.67%	–
IDXX	New	IDEXX LABS INC	$7,999,000	–	24,227	–	1.18%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$4,010,000	–	1,500	–	0.59%	–
AAPL	New	APPLE INC	$3,267,000	–	8,956	–	0.48%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$1,342,000	–	7,518	–	0.20%	–
MSFT	New	MICROSOFT CORP	$1,336,000	–	6,564	–	0.20%	–
PM	New	PHILIP MORRIS INTL INC	$1,322,000	–	18,867	–	0.20%	–
	New	RICHARDS PACKAGING INCOME	$930,000	–	20,500	–	0.14%	–
PG	New	PROCTER & GAMBLE	$868,000	–	7,258	–	0.13%	–
MO	New	ALTRIA GROUP INC	$785,000	–	19,997	–	0.12%	–
SHW	New	SHERWIN-WILLIAMS	$751,000	–	1,300	–	0.11%	–
CSCO	New	CISCO SYSTEMS INC	$646,000	–	13,852	–	0.10%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$562,000	–	3,275	–	0.08%	–
MDLZ	New	MONDELEZ INTL INC	$562,000	–	10,993	–	0.08%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$555,000	–	3,625	–	0.08%	–
BLBD	New	BLUE BIRD CORP	$497,000	–	33,160	–	0.07%	–
XOM	New	EXXON MOBIL CORPORATION	$488,000	–	10,904	–	0.07%	–
MRK	New	MERCK & CO INC NEW	$468,000	–	6,051	–	0.07%	–
IVV	New	S&P 500 INDEX	$460,000	–	1,484	–	0.07%	–
IBM	New	INTL BUSINESS MACHINES	$415,000	–	3,434	–	0.06%	–
K	New	KELLOGG CO	$330,000	–	5,000	–	0.05%	–
PBA	New	PEMBINA PIPELINE CORP F	$298,000	–	11,939	–	0.04%	–
FIS	New	FIDELITY NATL INFO SVCS	$275,000	–	2,049	–	0.04%	–
BAM	New	BROOKFIELD ASSET MGMT INC	$262,000	–	7,959	–	0.04%	–
CTAS	New	CINTAS CORP	$266,000	–	1,000	–	0.04%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$262,000	–	3,150	–	0.04%	–
PFE	New	PFIZER INC	$257,000	–	7,846	–	0.04%	–
JNJ	New	JOHNSON & JOHNSON	$233,000	–	1,654	–	0.03%	–
PEP	New	PEPSICO INCORPORATED	$227,000	–	1,720	–	0.03%	–
ABBV	New	ABBVIE INC	$204,000	–	2,076	–	0.03%	–
HD	New	HOME DEPOT INC	$204,000	–	813	–	0.03%	–
DSKE	New	DASEKE INC COM	$136,000	–	34,564	–	0.02%	–
	New	CTT CORREIOS DE PORTUG SHS	$116,000	–	48,900	–	0.02%	–
USLG	New	U S LTG GROUP INC COM	$44,000	–	100,000	–	0.01%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
HMNY	Exit	HELIOS AND MATHESON ANALYTICS	$0	–	-50,000	–	0.00%	–
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
	Exit	ECN CAP CORP COM	$0	–	-10,100	–	-0.01%	–
	Exit	CTT CORREIOS DE PORTUG SHS	$0	–	-29,000	–	-0.01%	–
DSKE	Exit	DASEKE INC COM	$0	–	-34,564	–	-0.02%	–
AGNC	Exit	AMERICAN CAPITAL AGENCY CORP	$0	–	-10,000	–	-0.03%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-10,660	–	-0.04%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-3,426	–	-0.04%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-1,697	–	-0.04%	–
PEP	Exit	PEPSICO INCORPORATED	$0	–	-1,648	–	-0.04%	–
IWM	Exit	I SHARES RUSL 2000	$0	–	-1,514	–	-0.04%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF	$0	–	-658	–	-0.04%	–
FIS	Exit	FIDELITY NATL INFO SVCS	$0	–	-2,049	–	-0.05%	–
PFE	Exit	PFIZER INC	$0	–	-7,746	–	-0.05%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC	$0	–	-5,377	–	-0.05%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-4,740	–	-0.06%	–
K	Exit	KELLOGG CO	$0	–	-5,000	–	-0.06%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-2,875	–	-0.08%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-2,600	–	-0.08%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.08%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-3,201	–	-0.08%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-5,954	–	-0.09%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-10,276	–	-0.09%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-10,993	–	-0.11%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.11%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-9,893	–	-0.12%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.13%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-17,736	–	-0.13%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-5,883	–	-0.14%	–
IVV	Exit	S&P 500 INDEX	$0	–	-2,862	–	-0.15%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-7,332	–	-0.16%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-627	–	-0.19%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-16,034	–	-0.22%	–
AAPL	Exit	APPLE INC	$0	–	-6,928	–	-0.28%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-7,668	–	-0.28%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,600	–	-0.88%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-22,556	–	-1.08%	–
BIDU	Exit	BAIDU INC	$0	–	-106,087	–	-1.93%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-15,551	–	-3.35%	–
TRU	Exit	TRANSUNION COM	$0	–	-284,818	–	-4.09%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-434,299	–	-4.85%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-268,530	–	-4.92%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-479,324	–	-5.11%	–
CNC	Exit	CENTENE CORP	$0	–	-724,997	–	-5.55%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-204,987	–	-6.06%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-29,107	–	-6.29%	–
TCEHY	Exit	TENCENT HLDGS LTD ADR	$0	–	-872,189	–	-6.42%	–
CI	Exit	CIGNA CORP NEW	$0	–	-284,498	–	-7.64%	–
FB	Exit	FACEBOOK INC A	$0	–	-246,294	–	-7.76%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-488,282	–	-7.97%	–
DHR	Exit	DANAHER CORP	$0	–	-391,629	–	-10.01%	–
V	Exit	VISA INC	$0	–	-427,801	–	-13.02%	–

Q3 2019

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$73,586,000	-12.4%	427,801	-11.7%	13.02%	-2.0%
DHR	Sell	DANAHER CORP	$56,563,000	-10.1%	391,629	-11.0%	10.01%	+0.6%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$45,054,000	-4.3%	488,282	-10.8%	7.97%	+7.1%
FB	Sell	FACEBOOK INC A	$43,860,000	-17.5%	246,294	-10.6%	7.76%	-7.7%
CI	Buy	CIGNA CORP NEW	$43,184,000	+10.6%	284,498	+14.8%	7.64%	+23.7%
TCEHY	Sell	TENCENT HLDGS LTD ADR	$36,309,000	-18.0%	872,189	-10.9%	6.42%	-8.3%
GOOGL	Sell	ALPHABET INC CLASS A	$35,544,000	-0.5%	29,107	-11.8%	6.29%	+11.3%
BABA	Sell	ALIBABA GP HLDG LTD	$34,280,000	-11.9%	204,987	-10.7%	6.06%	-1.4%
CNC	Sell	CENTENE CORP	$31,363,000	-25.7%	724,997	-9.9%	5.55%	-16.9%
CTSH	Sell	COGNIZANT TECH SOL CL A	$28,886,000	-15.9%	479,324	-11.5%	5.11%	-5.9%
PYPL	Sell	PAYPAL HOLDINGS INC	$27,817,000	-19.8%	268,530	-11.4%	4.92%	-10.3%
CVS	Sell	C V S CAREMARK CORP	$27,391,000	+3.1%	434,299	-10.9%	4.85%	+15.4%
TRU	Sell	TRANSUNION COM	$23,102,000	-2.1%	284,818	-11.3%	4.09%	+9.5%
GOOG	Sell	ALPHABET INC CLASS C	$18,957,000	+5.6%	15,551	-6.4%	3.35%	+18.1%
BIDU	Sell	BAIDU INC	$10,902,000	-22.9%	106,087	-11.9%	1.93%	-13.7%
IDXX	Sell	IDEXX LABS INC	$6,134,000	-15.9%	22,556	-14.9%	1.08%	-6.0%
AAPL	Sell	APPLE INC	$1,552,000	-18.7%	6,928	-28.1%	0.28%	-8.9%
PM	Sell	PHILIP MORRIS INTL INC	$1,217,000	-18.1%	16,034	-15.2%	0.22%	-8.5%
AMZN	Sell	AMAZON.COM INC	$1,088,000	-53.7%	627	-49.5%	0.19%	-48.4%
PG	Sell	PROCTER & GAMBLE	$912,000	+12.6%	7,332	-0.8%	0.16%	+25.8%
IVV	Sell	S&P 500 INDEX	$854,000	-5.4%	2,862	-6.6%	0.15%	+5.6%
MSFT	Sell	MICROSOFT CORP	$818,000	-6.9%	5,883	-10.3%	0.14%	+4.3%
MO	Sell	ALTRIA GROUP INC	$725,000	-22.9%	17,736	-10.7%	0.13%	-14.1%
XOM	Sell	EXXON MOBIL CORPORATION	$699,000	-17.6%	9,893	-10.6%	0.12%	-7.5%
CSCO	Sell	CISCO SYSTEMS INC	$508,000	-40.9%	10,276	-34.5%	0.09%	-33.8%
MRK	Sell	MERCK & CO INC NEW	$501,000	-0.2%	5,954	-0.5%	0.09%	+12.7%
IBM	Sell	INTL BUSINESS MACHINES	$465,000	-12.4%	3,201	-16.8%	0.08%	-2.4%
IWB	Sell	ISHARES TR RUSSELL 1000 RUSSEL	$428,000	-19.7%	2,600	-20.6%	0.08%	-9.5%
IYY	Sell	ISHARES TR DJ TOTAL MKT US TOT	$424,000	-20.0%	2,875	-20.7%	0.08%	-10.7%
EMR	Sell	EMERSON ELECTRIC CO	$317,000	-1.2%	4,740	-1.4%	0.06%	+9.8%
MDY	Sell	SPDR S&P MIDCAP 400 ETF	$232,000	-6.1%	658	-5.6%	0.04%	+5.1%
IWM	Sell	I SHARES RUSL 2000	$229,000	-7.7%	1,514	-4.9%	0.04%	+5.1%
PEP	Sell	PEPSICO INCORPORATED	$226,000	-1.7%	1,648	-6.2%	0.04%	+11.1%
JNJ	Sell	JOHNSON & JOHNSON	$220,000	-20.9%	1,697	-15.0%	0.04%	-11.4%
MPC	New	MARATHON PETROLEUM CORP	$208,000	–	3,426	–	0.04%	–
BLBD	Sell	BLUE BIRD CORP	$203,000	-15.1%	10,660	-12.3%	0.04%	-5.3%
AGNC	Sell	AMERICAN CAPITAL AGENCY CORP	$161,000	-11.0%	10,000	-6.9%	0.03%	-3.4%
	New	ECN CAP CORP COM	$35,000	–	10,100	–	0.01%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-2,689	–	-0.03%	–
CTAS	Exit	CINTAS CORP	$0	–	-1,000	–	-0.04%	–
SCHB	Exit	SCHWAB STRATEGIC TR US BRD MKT	$0	–	-3,415	–	-0.04%	–
CBOE	Exit	CBOE GLOBAL MARKETS INC	$0	–	-2,350	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.04%	–

Q2 2019

			Value		Shares		↓ Weighting
V	New	VISA INC	$84,037,000	–	484,225	–	13.29%	–
DHR	New	DANAHER CORP	$62,890,000	–	440,033	–	9.95%	–
FB	New	FACEBOOK INC A	$53,142,000	–	275,346	–	8.40%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$47,058,000	–	547,573	–	7.44%	–
TCEHY	New	TENCENT HLDGS LTD ADR	$44,281,000	–	978,379	–	7.00%	–
CNC	New	CENTENE CORP	$42,214,000	–	804,997	–	6.68%	–
CI	New	CIGNA CORP NEW	$39,059,000	–	247,913	–	6.18%	–
BABA	New	ALIBABA GP HLDG LTD	$38,912,000	–	229,636	–	6.15%	–
GOOGL	New	ALPHABET INC CLASS A	$35,719,000	–	32,988	–	5.65%	–
PYPL	New	PAYPAL HOLDINGS INC	$34,700,000	–	303,161	–	5.49%	–
CTSH	New	COGNIZANT TECH SOL CL A	$34,349,000	–	541,864	–	5.43%	–
CVS	New	C V S CAREMARK CORP	$26,565,000	–	487,512	–	4.20%	–
TRU	New	TRANSUNION COM	$23,603,000	–	321,085	–	3.73%	–
GOOG	New	ALPHABET INC CLASS C	$17,957,000	–	16,613	–	2.84%	–
BIDU	New	BAIDU INC	$14,140,000	–	120,484	–	2.24%	–
IDXX	New	IDEXX LABS INC	$7,295,000	–	26,495	–	1.15%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$5,094,000	–	1,600	–	0.81%	–
AMZN	New	AMAZON.COM INC	$2,352,000	–	1,242	–	0.37%	–
AAPL	New	APPLE INC	$1,908,000	–	9,641	–	0.30%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$1,635,000	–	7,668	–	0.26%	–
PM	New	PHILIP MORRIS INTL INC	$1,486,000	–	18,917	–	0.24%	–
MO	New	ALTRIA GROUP INC	$940,000	–	19,860	–	0.15%	–
IVV	New	S&P 500 INDEX	$903,000	–	3,065	–	0.14%	–
MSFT	New	MICROSOFT CORP	$879,000	–	6,562	–	0.14%	–
CSCO	New	CISCO SYSTEMS INC	$859,000	–	15,692	–	0.14%	–
XOM	New	EXXON MOBIL CORPORATION	$848,000	–	11,061	–	0.13%	–
PG	New	PROCTER & GAMBLE	$810,000	–	7,391	–	0.13%	–
	New	RICHARDS PACKAGING INCOME	$672,000	–	20,500	–	0.11%	–
MDLZ	New	MONDELEZ INTL INC	$593,000	–	10,993	–	0.09%	–
SHW	New	SHERWIN-WILLIAMS	$596,000	–	1,300	–	0.09%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$530,000	–	3,625	–	0.08%	–
IBM	New	INTL BUSINESS MACHINES	$531,000	–	3,848	–	0.08%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$533,000	–	3,275	–	0.08%	–
MRK	New	MERCK & CO INC NEW	$502,000	–	5,982	–	0.08%	–
PBA	New	PEMBINA PIPELINE CORP F	$444,000	–	11,939	–	0.07%	–
PFE	New	PFIZER INC	$336,000	–	7,746	–	0.05%	–
EMR	New	EMERSON ELECTRIC CO	$321,000	–	4,807	–	0.05%	–
JNJ	New	JOHNSON & JOHNSON	$278,000	–	1,997	–	0.04%	–
K	New	KELLOGG CO	$268,000	–	5,000	–	0.04%	–
BAM	New	BROOKFIELD ASSET MGMT INC	$257,000	–	5,377	–	0.04%	–
FIS	New	FIDELITY NATL INFO SVCS	$251,000	–	2,049	–	0.04%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$254,000	–	3,150	–	0.04%	–
IWM	New	I SHARES RUSL 2000	$248,000	–	1,592	–	0.04%	–
MDY	New	SPDR S&P MIDCAP 400 ETF	$247,000	–	697	–	0.04%	–
CBOE	New	CBOE GLOBAL MARKETS INC	$244,000	–	2,350	–	0.04%	–
BLBD	New	BLUE BIRD CORP	$239,000	–	12,160	–	0.04%	–
SCHB	New	SCHWAB STRATEGIC TR US BRD MKT	$241,000	–	3,415	–	0.04%	–
CTAS	New	CINTAS CORP	$237,000	–	1,000	–	0.04%	–
PEP	New	PEPSICO INCORPORATED	$230,000	–	1,757	–	0.04%	–
PGR	New	PROGRESSIVE CORP OHIO	$215,000	–	2,689	–	0.03%	–
AGNC	New	AMERICAN CAPITAL AGENCY CORP	$181,000	–	10,745	–	0.03%	–
DSKE	New	DASEKE INC COM	$124,000	–	34,564	–	0.02%	–
	New	CTT CORREIOS DE PORTUG SHS	$70,000	–	29,000	–	0.01%	–
HMNY	New	HELIOS AND MATHESON ANALYTICS	$0	–	50,000	–	0.00%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2018

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
HMNY	Exit	HELIOS AND MATHESON ANALYTICS	$0	–	-45,000	–	0.00%	–
ONVO	Exit	ORGANOVO HOLDINGS INC	$0	–	-25,000	–	-0.00%	–
ABBV	Exit	ABBVIE INC	$0	–	-2,334	–	-0.03%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC	$0	–	-5,062	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.04%	–
CBOE	Exit	CBOE GLOBAL MARKETS INC	$0	–	-2,763	–	-0.04%	–
DSKE	Exit	DASEKE INC COM	$0	–	-34,564	–	-0.04%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,083	–	-0.04%	–
CAT	Exit	CATERPILLAR INC	$0	–	-2,082	–	-0.05%	–
ENR	Exit	ENERGIZER HOLDINGS NEW	$0	–	-6,090	–	-0.06%	–
FIS	Exit	FIDELITY NATL INFO SVCS	$0	–	-3,666	–	-0.06%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.06%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-16,900	–	-0.06%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-6,106	–	-0.07%	–
IVV	Exit	S&P 500 INDEX	$0	–	-1,600	–	-0.07%	–
MPC	Exit	MARATHON PETROLEUM CORP	$0	–	-6,426	–	-0.08%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.08%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.08%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-7,316	–	-0.09%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-3,896	–	-0.09%	–
PFE	Exit	PFIZER INC	$0	–	-13,332	–	-0.09%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.09%	–
K	Exit	KELLOGG CO	$0	–	-8,938	–	-0.10%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.10%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-9,837	–	-0.11%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,352	–	-0.11%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-16,192	–	-0.12%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-19,605	–	-0.13%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-12,089	–	-0.16%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-17,982	–	-0.24%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-33,787	–	-0.32%	–
AAPL	Exit	APPLE INC	$0	–	-9,554	–	-0.33%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-1,227	–	-0.38%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-31,004	–	-0.39%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-12,655	–	-0.42%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,600	–	-0.79%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-28,093	–	-1.09%	–
TCEHY	Exit	TENCENT HLDGS LTD ADR	$0	–	-221,484	–	-1.40%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-17,534	–	-3.24%	–
TRU	Exit	TRANSUNION COM	$0	–	-332,077	–	-3.79%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-316,339	–	-4.31%	–
BIDU	Exit	BAIDU INC	$0	–	-126,672	–	-4.49%	–
FB	Exit	FACEBOOK INC A	$0	–	-222,036	–	-5.66%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-238,690	–	-6.10%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-510,806	–	-6.23%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-33,758	–	-6.32%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-583,517	–	-6.77%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-574,536	–	-6.87%	–
CNC	Exit	CENTENE CORP	$0	–	-328,154	–	-7.36%	–
DHR	Exit	DANAHER CORP	$0	–	-461,979	–	-7.78%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-792,860	–	-11.68%	–
V	Exit	VISA INC	$0	–	-513,428	–	-11.94%	–

Q3 2018

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$77,060,000	+12.4%	513,428	-0.8%	11.94%	+7.5%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$75,330,000	-0.9%	792,860	-19.5%	11.68%	-5.2%
DHR	Sell	DANAHER CORP	$50,199,000	+9.1%	461,979	-0.9%	7.78%	+4.4%
CNC	Sell	CENTENE CORP	$47,510,000	+16.4%	328,154	-0.9%	7.36%	+11.4%
CTSH	Sell	COGNIZANT TECH SOL CL A	$44,325,000	-3.0%	574,536	-0.7%	6.87%	-7.2%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$43,700,000	+0.9%	583,517	-0.9%	6.77%	-3.5%
GOOGL	Sell	ALPHABET INC CLASS A	$40,749,000	+6.6%	33,758	-0.3%	6.32%	+2.0%
CVS	Sell	C V S CAREMARK CORP	$40,211,000	+20.0%	510,806	-1.9%	6.23%	+14.8%
BABA	Sell	ALIBABA GP HLDG LTD	$39,327,000	-11.8%	238,690	-0.7%	6.10%	-15.6%
FB	Buy	FACEBOOK INC A	$36,516,000	+13.8%	222,036	+34.4%	5.66%	+8.8%
BIDU	Sell	BAIDU INC	$28,967,000	-6.6%	126,672	-0.7%	4.49%	-10.6%
PYPL	Sell	PAYPAL HOLDINGS INC	$27,787,000	+4.6%	316,339	-0.8%	4.31%	+0.1%
TRU	Sell	TRANSUNION COM	$24,434,000	+1.9%	332,077	-0.8%	3.79%	-2.5%
GOOG	Sell	ALPHABET INC CLASS C	$20,926,000	+5.5%	17,534	-1.4%	3.24%	+0.9%
TCEHY	Sell	TENCENT HLDGS LTD ADR	$9,045,000	-19.1%	221,484	-0.5%	1.40%	-22.6%
IDXX	Sell	IDEXX LABS INC	$7,014,000	+13.5%	28,093	-0.9%	1.09%	+8.6%
AAPL	Buy	APPLE INC	$2,157,000	+22.0%	9,554	+0.0%	0.33%	+16.8%
MO	Buy	ALTRIA GROUP INC	$2,038,000	+6.3%	33,787	+0.1%	0.32%	+1.6%
XOM	Sell	EXXON MOBIL CORPORATION	$1,529,000	+2.7%	17,982	-0.1%	0.24%	-1.7%
PG	Sell	PROCTER & GAMBLE	$1,006,000	+6.3%	12,089	-0.3%	0.16%	+2.0%
MSFT	Buy	MICROSOFT CORP	$727,000	+16.1%	6,352	+0.1%	0.11%	+11.9%
MRK	Sell	MERCK & CO INC NEW	$698,000	+16.7%	9,837	-0.2%	0.11%	+11.3%
PFE	Sell	PFIZER INC	$588,000	+21.2%	13,332	-0.3%	0.09%	+15.2%
CAT	New	CATERPILLAR INC	$317,000	–	2,082	–	0.05%	–
JNJ	Sell	JOHNSON & JOHNSON	$288,000	-40.6%	2,083	-47.9%	0.04%	-43.0%
HMNY	New	HELIOS AND MATHESON ANALYTICS	$1,000	–	45,000	–	0.00%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-6,435	–	-0.06%	–

Q2 2018

			Value		Shares		↓ Weighting
ESRX	New	EXPRESS SCRIPTS HLDG CO	$76,033,000	–	984,756	–	12.32%	–
V	New	VISA INC	$68,571,000	–	517,711	–	11.11%	–
DHR	New	DANAHER CORP	$45,998,000	–	466,135	–	7.45%	–
CTSH	New	COGNIZANT TECH SOL CL A	$45,717,000	–	578,770	–	7.41%	–
BABA	New	ALIBABA GP HLDG LTD	$44,593,000	–	240,353	–	7.22%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$43,324,000	–	589,041	–	7.02%	–
CNC	New	CENTENE CORP	$40,808,000	–	331,209	–	6.61%	–
GOOGL	New	ALPHABET INC CLASS A	$38,238,000	–	33,863	–	6.20%	–
CVS	New	C V S CAREMARK CORP	$33,521,000	–	520,924	–	5.43%	–
FB	New	FACEBOOK INC A	$32,100,000	–	165,194	–	5.20%	–
BIDU	New	BAIDU INC	$31,011,000	–	127,616	–	5.02%	–
PYPL	New	PAYPAL HOLDINGS INC	$26,555,000	–	318,899	–	4.30%	–
TRU	New	TRANSUNION COM	$23,987,000	–	334,834	–	3.89%	–
GOOG	New	ALPHABET INC CLASS C	$19,844,000	–	17,787	–	3.22%	–
TCEHY	New	TENCENT HLDGS LTD ADR	$11,182,000	–	222,533	–	1.81%	–
IDXX	New	IDEXX LABS INC	$6,180,000	–	28,355	–	1.00%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$4,513,000	–	1,600	–	0.73%	–
PM	New	PHILIP MORRIS INTL INC	$2,503,000	–	31,004	–	0.40%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$2,362,000	–	12,655	–	0.38%	–
AMZN	New	AMAZON.COM INC	$2,086,000	–	1,227	–	0.34%	–
MO	New	ALTRIA GROUP INC	$1,918,000	–	33,766	–	0.31%	–
AAPL	New	APPLE INC	$1,768,000	–	9,553	–	0.29%	–
XOM	New	EXXON MOBIL CORPORATION	$1,489,000	–	17,997	–	0.24%	–
PG	New	PROCTER & GAMBLE	$946,000	–	12,123	–	0.15%	–
MDLZ	New	MONDELEZ INTL INC	$804,000	–	19,605	–	0.13%	–
CSCO	New	CISCO SYSTEMS INC	$697,000	–	16,192	–	0.11%	–
K	New	KELLOGG CO	$624,000	–	8,938	–	0.10%	–
MSFT	New	MICROSOFT CORP	$626,000	–	6,345	–	0.10%	–
MRK	New	MERCK & CO INC NEW	$598,000	–	9,856	–	0.10%	–
	New	RICHARDS PACKAGING INCOME	$588,000	–	20,500	–	0.10%	–
IBM	New	INTL BUSINESS MACHINES	$544,000	–	3,896	–	0.09%	–
SHW	New	SHERWIN-WILLIAMS	$530,000	–	1,300	–	0.09%	–
EMR	New	EMERSON ELECTRIC CO	$506,000	–	7,316	–	0.08%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$498,000	–	3,275	–	0.08%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$494,000	–	3,625	–	0.08%	–
PFE	New	PFIZER INC	$485,000	–	13,368	–	0.08%	–
JNJ	New	JOHNSON & JOHNSON	$485,000	–	3,999	–	0.08%	–
MPC	New	MARATHON PETROLEUM CORP	$451,000	–	6,426	–	0.07%	–
IVV	New	S&P 500 INDEX	$437,000	–	1,600	–	0.07%	–
PBA	New	PEMBINA PIPELINE CORP F	$413,000	–	11,939	–	0.07%	–
KHC	New	KRAFT HEINZ CO	$404,000	–	6,435	–	0.06%	–
FIS	New	FIDELITY NATL INFO SVCS	$389,000	–	3,666	–	0.06%	–
ENR	New	ENERGIZER HOLDINGS NEW	$383,000	–	6,090	–	0.06%	–
BLBD	New	BLUE BIRD CORP	$378,000	–	16,900	–	0.06%	–
PGR	New	PROGRESSIVE CORP OHIO	$361,000	–	6,106	–	0.06%	–
DSKE	New	DASEKE INC COM	$343,000	–	34,564	–	0.06%	–
CBOE	New	CBOE GLOBAL MARKETS INC	$288,000	–	2,763	–	0.05%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$248,000	–	3,150	–	0.04%	–
ABBV	New	ABBVIE INC	$216,000	–	2,334	–	0.04%	–
BAM	New	BROOKFIELD ASSET MGMT INC	$205,000	–	5,062	–	0.03%	–
ONVO	New	ORGANOVO HOLDINGS INC	$35,000	–	25,000	–	0.01%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2017

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
ECYT	Exit	ENDOCYTE INC	$0	–	-10,000	–	-0.00%	–
SPWR	Exit	SUNPOWER CORP	$0	–	-15,000	–	-0.02%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC	$0	–	-5,062	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.05%	–
CELG	Exit	CELGENE CORP	$0	–	-1,790	–	-0.05%	–
PCG	Exit	P G & E CORP	$0	–	-4,309	–	-0.06%	–
IVV	Exit	S&P 500 INDEX	$0	–	-1,320	–	-0.06%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-16,900	–	-0.06%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-5,430	–	-0.08%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,414	–	-0.08%	–
EPC	Exit	EDGEWELL PERSONAL CARE INC	$0	–	-6,090	–	-0.08%	–
DSKE	Exit	DASEKE INC COM	$0	–	-34,564	–	-0.08%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.08%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-7,225	–	-0.08%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.08%	–
PFE	Exit	PFIZER INC	$0	–	-12,963	–	-0.09%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.09%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.09%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-6,435	–	-0.09%	–
AAPL	Exit	APPLE INC	$0	–	-3,305	–	-0.10%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-16,030	–	-0.10%	–
K	Exit	KELLOGG CO	$0	–	-8,938	–	-0.10%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-9,158	–	-0.11%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-19,505	–	-0.15%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-11,059	–	-0.19%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-16,335	–	-0.25%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-32,415	–	-0.38%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-11,905	–	-0.41%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-28,411	–	-0.59%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-27,634	–	-0.80%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,600	–	-0.82%	–
PRGO	Exit	PERRIGO CO PLC	$0	–	-111,902	–	-1.77%	–
MON	Exit	MONSANTO CO	$0	–	-94,939	–	-2.12%	–
TRU	Exit	TRANSUNION COM	$0	–	-325,067	–	-2.86%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-17,559	–	-3.14%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-31,048	–	-5.64%	–
CNC	Exit	CENTENE CORP	$0	–	-316,083	–	-5.70%	–
BIDU	Exit	BAIDU INC	$0	–	-146,606	–	-6.77%	–
DHR	Exit	DANAHER CORP	$0	–	-449,409	–	-7.19%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-567,097	–	-7.27%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-552,769	–	-7.48%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-500,926	–	-7.60%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-656,950	–	-7.84%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-812,243	–	-9.59%	–
V	Exit	VISA INC	$0	–	-497,142	–	-9.76%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-307,903	–	-9.92%	–

Q3 2017

			Value		Shares		↓ Weighting
BABA	Sell	ALIBABA GP HLDG LTD	$53,178,000	+16.9%	307,903	-4.6%	9.92%	+13.7%
V	Sell	VISA INC	$52,319,000	-6.9%	497,142	-17.0%	9.76%	-9.5%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$51,431,000	-4.6%	812,243	-3.8%	9.59%	-7.2%
PYPL	Sell	PAYPAL HOLDINGS INC	$42,065,000	+14.0%	656,950	-4.4%	7.84%	+10.9%
CVS	Sell	C V S CAREMARK CORP	$40,735,000	-3.0%	500,926	-4.0%	7.60%	-5.7%
CTSH	Sell	COGNIZANT TECH SOL CL A	$40,098,000	-10.6%	552,769	-18.1%	7.48%	-13.0%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$38,960,000	-0.6%	567,097	-4.6%	7.27%	-3.3%
DHR	Sell	DANAHER CORP	$38,550,000	-1.4%	449,409	-3.0%	7.19%	-4.1%
BIDU	Sell	BAIDU INC	$36,313,000	+32.2%	146,606	-4.5%	6.77%	+28.6%
CNC	Sell	CENTENE CORP	$30,587,000	+15.9%	316,083	-4.4%	5.70%	+12.7%
GOOGL	Sell	ALPHABET INC CLASS A	$30,232,000	-28.1%	31,048	-31.3%	5.64%	-30.0%
GOOG	Sell	ALPHABET INC CLASS C	$16,841,000	-0.3%	17,559	-5.5%	3.14%	-3.0%
TRU	New	TRANSUNION COM	$15,363,000	–	325,067	–	2.86%	–
MON	Sell	MONSANTO CO	$11,376,000	-4.0%	94,939	-5.1%	2.12%	-6.6%
PRGO	Sell	PERRIGO CO PLC	$9,472,000	+6.1%	111,902	-5.4%	1.77%	+3.2%
IDXX	Sell	IDEXX LABS INC	$4,297,000	-7.6%	27,634	-4.1%	0.80%	-10.2%
PM	Sell	PHILIP MORRIS INTL INC	$3,154,000	-13.7%	28,411	-8.7%	0.59%	-16.1%
BRKB	Sell	BERKSHIRE HATHAWAY B NEW CLASS	$2,182,000	+1.8%	11,905	-5.9%	0.41%	-1.0%
MO	Sell	ALTRIA GROUP INC	$2,056,000	-19.0%	32,415	-4.9%	0.38%	-21.4%
XOM	Sell	EXXON MOBIL CORPORATION	$1,339,000	-1.3%	16,335	-2.8%	0.25%	-3.8%
PG	Sell	PROCTER & GAMBLE	$1,006,000	-4.5%	11,059	-8.5%	0.19%	-6.9%
MDLZ	Sell	MONDELEZ INTL INC	$793,000	-6.4%	19,505	-0.5%	0.15%	-8.6%
MRK	Sell	MERCK & CO INC NEW	$586,000	-7.0%	9,158	-6.9%	0.11%	-9.9%
AAPL	Sell	APPLE INC	$509,000	-17.2%	3,305	-22.7%	0.10%	-19.5%
PFE	Sell	PFIZER INC	$463,000	+2.0%	12,963	-4.2%	0.09%	-1.1%
EMR	Sell	EMERSON ELECTRIC CO	$454,000	+4.8%	7,225	-0.5%	0.08%	+2.4%
DSKE	New	DASEKE INC COM	$451,000	–	34,564	–	0.08%	–
JNJ	Sell	JOHNSON & JOHNSON	$444,000	-17.3%	3,414	-15.8%	0.08%	-19.4%
BLBD	Sell	BLUE BIRD CORP	$348,000	+3.6%	16,900	-14.5%	0.06%	+1.6%
BAM	New	BROOKFIELD ASSET MGMT INC	$209,000	–	5,062	–	0.04%	–
SPWR	New	SUNPOWER CORP	$109,000	–	15,000	–	0.02%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-6,196	–	-0.05%	–
BLBDW	Exit	BLUE BIRD CORP WARRANTS EXP 01	$0	–	-110,947	–	-0.06%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-3,896	–	-0.12%	–

Q2 2017

			Value		Shares		↓ Weighting
V	New	VISA INC	$56,194,000	–	599,214	–	10.78%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$53,897,000	–	844,256	–	10.34%	–
BABA	New	ALIBABA GP HLDG LTD	$45,472,000	–	322,728	–	8.72%	–
CTSH	New	COGNIZANT TECH SOL CL A	$44,829,000	–	675,141	–	8.60%	–
GOOGL	New	ALPHABET INC CLASS A	$42,028,000	–	45,207	–	8.06%	–
CVS	New	C V S CAREMARK CORP	$42,002,000	–	522,022	–	8.06%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$39,186,000	–	594,447	–	7.52%	–
DHR	New	DANAHER CORP	$39,102,000	–	463,348	–	7.50%	–
PYPL	New	PAYPAL HOLDINGS INC	$36,893,000	–	687,404	–	7.08%	–
BIDU	New	BAIDU INC	$27,461,000	–	153,531	–	5.27%	–
CNC	New	CENTENE CORP	$26,401,000	–	330,506	–	5.06%	–
GOOG	New	ALPHABET INC CLASS C	$16,886,000	–	18,582	–	3.24%	–
MON	New	MONSANTO CO	$11,846,000	–	100,085	–	2.27%	–
PRGO	New	PERRIGO CO PLC	$8,930,000	–	118,243	–	1.71%	–
IDXX	New	IDEXX LABS INC	$4,652,000	–	28,820	–	0.89%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$4,075,000	–	1,600	–	0.78%	–
PM	New	PHILIP MORRIS INTL INC	$3,656,000	–	31,127	–	0.70%	–
MO	New	ALTRIA GROUP INC	$2,538,000	–	34,075	–	0.49%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$2,143,000	–	12,655	–	0.41%	–
XOM	New	EXXON MOBIL CORPORATION	$1,357,000	–	16,807	–	0.26%	–
PG	New	PROCTER & GAMBLE	$1,053,000	–	12,080	–	0.20%	–
MDLZ	New	MONDELEZ INTL INC	$847,000	–	19,605	–	0.16%	–
MRK	New	MERCK & CO INC NEW	$630,000	–	9,837	–	0.12%	–
K	New	KELLOGG CO	$621,000	–	8,938	–	0.12%	–
AAPL	New	APPLE INC	$615,000	–	4,273	–	0.12%	–
IBM	New	INTL BUSINESS MACHINES	$599,000	–	3,896	–	0.12%	–
KHC	New	KRAFT HEINZ CO	$551,000	–	6,435	–	0.11%	–
JNJ	New	JOHNSON & JOHNSON	$537,000	–	4,057	–	0.10%	–
CSCO	New	CISCO SYSTEMS INC	$502,000	–	16,030	–	0.10%	–
	New	RICHARDS PACKAGING INCOME	$473,000	–	20,500	–	0.09%	–
EPC	New	EDGEWELL PERSONAL CARE INC	$463,000	–	6,090	–	0.09%	–
PFE	New	PFIZER INC	$454,000	–	13,525	–	0.09%	–
SHW	New	SHERWIN-WILLIAMS	$456,000	–	1,300	–	0.09%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$443,000	–	3,275	–	0.08%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$440,000	–	3,625	–	0.08%	–
EMR	New	EMERSON ELECTRIC CO	$433,000	–	7,260	–	0.08%	–
PBA	New	PEMBINA PIPELINE CORP F	$395,000	–	11,939	–	0.08%	–
MSFT	New	MICROSOFT CORP	$374,000	–	5,430	–	0.07%	–
BLBD	New	BLUE BIRD CORP	$336,000	–	19,775	–	0.06%	–
IVV	New	S&P 500 INDEX	$321,000	–	1,320	–	0.06%	–
BLBDW	New	BLUE BIRD CORP WARRANTS EXP 01	$305,000	–	110,947	–	0.06%	–
PCG	New	P G & E CORP	$286,000	–	4,309	–	0.06%	–
PGR	New	PROGRESSIVE CORP OHIO	$273,000	–	6,196	–	0.05%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$233,000	–	3,150	–	0.04%	–
CELG	New	CELGENE CORP	$232,000	–	1,790	–	0.04%	–
ECYT	New	ENDOCYTE INC	$15,000	–	10,000	–	0.00%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
AHPI	Exit	ALLIED HEALTHCARE PRODS I	$0	–	-10,000	–	-0.00%	–
QTM	Exit	QUANTUM CORP DLT & STORAGE	$0	–	-20,309	–	-0.00%	–
ECYT	Exit	ENDOCYTE INC	$0	–	-15,000	–	-0.01%	–
SPWR	Exit	SUNPOWER CORP	$0	–	-11,000	–	-0.02%	–
BLBDW	Exit	BLUE BIRD CORP WARRANTS EXP 01	$0	–	-110,947	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.04%	–
PCG	Exit	P G & E CORP	$0	–	-4,309	–	-0.05%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-5,430	–	-0.06%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.07%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.07%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.07%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.08%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.08%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-7,411	–	-0.08%	–
PFE	Exit	PFIZER INC	$0	–	-13,412	–	-0.09%	–
EPC	Exit	EDGEWELL PERSONAL CARE INC	$0	–	-6,090	–	-0.10%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-15,450	–	-0.10%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-4,238	–	-0.10%	–
AAPL	Exit	APPLE INC	$0	–	-4,463	–	-0.10%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-6,435	–	-0.12%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-41,305	–	-0.12%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-9,901	–	-0.12%	–
K	Exit	KELLOGG CO	$0	–	-8,938	–	-0.14%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-4,396	–	-0.14%	–
IVV	Exit	S&P 500 INDEX	$0	–	-3,531	–	-0.16%	–
MDLZ	Exit	MONDELEZ INTL INC	$0	–	-19,647	–	-0.18%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-12,324	–	-0.22%	–
VWO	Exit	VANGUARD FTSE EMERGING MKTS IN	$0	–	-29,316	–	-0.22%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-17,148	–	-0.30%	–
VOE	Exit	VANGUARD MID-CAP VALUE ETF	$0	–	-16,126	–	-0.31%	–
EFA	Exit	ISHARES TR MSCI EAFE FD MSCI E	$0	–	-29,220	–	-0.35%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-12,655	–	-0.37%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF	$0	–	-6,994	–	-0.40%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-34,091	–	-0.44%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-31,127	–	-0.61%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,600	–	-0.70%	–
ABCO	Exit	THE ADVISORY BOARD CO	$0	–	-130,429	–	-1.18%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-58,928	–	-1.35%	–
FTV	Exit	FORTIVE CORP	$0	–	-156,370	–	-1.62%	–
MON	Exit	MONSANTO CO	$0	–	-103,668	–	-2.15%	–
PRGO	Exit	PERRIGO CO PLC	$0	–	-155,124	–	-2.91%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-19,529	–	-3.08%	–
CNC	Exit	CENTENE CORP	$0	–	-366,621	–	-4.98%	–
DHR	Exit	DANAHER CORP	$0	–	-314,119	–	-5.00%	–
BIDU	Exit	BAIDU INC	$0	–	-156,858	–	-5.79%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-709,847	–	-5.90%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-122,633	–	-6.70%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-331,169	–	-7.11%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-771,450	–	-7.47%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-46,174	–	-7.53%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-543,007	–	-9.80%	–
V	Exit	VISA INC	$0	–	-618,624	–	-10.38%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-766,479	–	-10.97%	–

Q3 2016

			Value		Shares		↓ Weighting
ESRX	Buy	EXPRESS SCRIPTS HLDG CO	$54,060,000	-5.0%	766,479	+2.1%	10.97%	-12.1%
V	Buy	VISA INC	$51,160,000	+12.8%	618,624	+1.1%	10.38%	+4.3%
CVS	Buy	C V S CAREMARK CORP	$48,322,000	-4.8%	543,007	+2.4%	9.80%	-12.0%
GOOGL	Buy	ALPHABET INC CLASS A	$37,127,000	+16.9%	46,174	+2.3%	7.53%	+8.1%
CTSH	Buy	COGNIZANT TECH SOL CL A	$36,806,000	-15.0%	771,450	+2.0%	7.47%	-21.4%
BABA	Buy	ALIBABA GP HLDG LTD	$35,034,000	+34.4%	331,169	+1.0%	7.11%	+24.3%
ICE	Buy	INTERCONTINENTAL EXCHANGE	$33,032,000	+6.2%	122,633	+0.9%	6.70%	-1.8%
PYPL	Buy	PAYPAL HOLDINGS INC	$29,082,000	+74.3%	709,847	+55.3%	5.90%	+61.2%
BIDU	Buy	BAIDU INC	$28,559,000	+11.3%	156,858	+1.0%	5.79%	+2.9%
DHR	Buy	DANAHER CORP	$24,624,000	-21.5%	314,119	+1.2%	5.00%	-27.4%
CNC	Buy	CENTENE CORP	$24,549,000	+30.5%	366,621	+39.1%	4.98%	+20.7%
GOOG	Buy	ALPHABET INC CLASS C	$15,180,000	+12.8%	19,529	+0.4%	3.08%	+4.3%
PRGO	Buy	PERRIGO CO PLC	$14,323,000	+2.6%	155,124	+0.7%	2.91%	-5.1%
MON	Buy	MONSANTO CO	$10,595,000	+0.1%	103,668	+1.3%	2.15%	-7.5%
FTV	New	FORTIVE CORP	$7,959,000	–	156,370	–	1.62%	–
IDXX	Buy	IDEXX LABS INC	$6,643,000	+22.2%	58,928	+0.7%	1.35%	+13.1%
ABCO	New	THE ADVISORY BOARD CO	$5,835,000	–	130,429	–	1.18%	–
PM	Buy	PHILIP MORRIS INTL INC	$3,026,000	+330.4%	31,127	+350.4%	0.61%	+298.7%
MO	Buy	ALTRIA GROUP INC	$2,156,000	+445.8%	34,091	+495.2%	0.44%	+402.3%
MDY	New	SPDR S&P MIDCAP 400 ETF	$1,974,000	–	6,994	–	0.40%	–
BRKB	Buy	BERKSHIRE HATHAWAY B NEW CLASS	$1,828,000	+376.0%	12,655	+376.6%	0.37%	+341.7%
EFA	New	ISHARES TR MSCI EAFE FD MSCI E	$1,728,000	–	29,220	–	0.35%	–
VOE	New	VANGUARD MID-CAP VALUE ETF	$1,509,000	–	16,126	–	0.31%	–
XOM	Buy	EXXON MOBIL CORPORATION	$1,497,000	+348.2%	17,148	+381.7%	0.30%	+316.4%
VWO	New	VANGUARD FTSE EMERGING MKTS IN	$1,103,000	–	29,316	–	0.22%	–
PG	Buy	PROCTER & GAMBLE	$1,106,000	+355.1%	12,324	+328.8%	0.22%	+322.6%
MDLZ	New	MONDELEZ INTL INC	$863,000	–	19,647	–	0.18%	–
IVV	New	S&P 500 INDEX	$768,000	–	3,531	–	0.16%	–
K	New	KELLOGG CO	$692,000	–	8,938	–	0.14%	–
MRK	New	MERCK & CO INC NEW	$618,000	–	9,901	–	0.12%	–
KHC	New	KRAFT HEINZ CO	$576,000	–	6,435	–	0.12%	–
JNJ	Sell	JOHNSON & JOHNSON	$501,000	-3.1%	4,238	-0.6%	0.10%	-9.7%
AAPL	Buy	APPLE INC	$505,000	+29.5%	4,463	+9.5%	0.10%	+18.6%
EPC	New	EDGEWELL PERSONAL CARE INC	$484,000	–	6,090	–	0.10%	–
PFE	New	PFIZER INC	$454,000	–	13,412	–	0.09%	–
EMR	New	EMERSON ELECTRIC CO	$404,000	–	7,411	–	0.08%	–
MSFT	Buy	MICROSOFT CORP	$313,000	+13.0%	5,430	+0.4%	0.06%	+3.3%
PCG	Sell	P G & E CORP	$264,000	-4.7%	4,309	-0.7%	0.05%	-11.5%
SPWR	New	SUNPOWER CORP	$98,000	–	11,000	–	0.02%	–
ECYT	New	ENDOCYTE INC	$46,000	–	15,000	–	0.01%	–
PGR	Exit	PROGRESSIVE CORP OHIO	$0	–	-6,196	–	-0.05%	–
HTZ	Exit	HERTZ GLOBAL HLDGS INC	$0	–	-856,215	–	-2.08%	–
ZBRA	Exit	ZEBRA TECH CORP	$0	–	-283,028	–	-3.11%	–

Q2 2016

			Value		Shares		↓ Weighting
ESRX	New	EXPRESS SCRIPTS HLDG CO	$56,903,000	–	750,695	–	12.48%	–
CVS	New	C V S CAREMARK CORP	$50,782,000	–	530,412	–	11.14%	–
V	New	VISA INC	$45,368,000	–	611,676	–	9.95%	–
CTSH	New	COGNIZANT TECH SOL CL A	$43,285,000	–	756,196	–	9.49%	–
GOOGL	New	ALPHABET INC CLASS A	$31,759,000	–	45,142	–	6.97%	–
DHR	New	DANAHER CORP	$31,361,000	–	310,508	–	6.88%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$31,111,000	–	121,547	–	6.82%	–
BABA	New	ALIBABA GP HLDG LTD	$26,067,000	–	327,765	–	5.72%	–
BIDU	New	BAIDU INC	$25,658,000	–	155,364	–	5.63%	–
CNC	New	CENTENE CORP	$18,814,000	–	263,617	–	4.13%	–
PYPL	New	PAYPAL HOLDINGS INC	$16,684,000	–	456,981	–	3.66%	–
ZBRA	New	ZEBRA TECH CORP	$14,180,000	–	283,028	–	3.11%	–
PRGO	New	PERRIGO CO PLC	$13,963,000	–	153,996	–	3.06%	–
GOOG	New	ALPHABET INC CLASS C	$13,463,000	–	19,453	–	2.95%	–
MON	New	MONSANTO CO	$10,587,000	–	102,374	–	2.32%	–
HTZ	New	HERTZ GLOBAL HLDGS INC	$9,478,000	–	856,215	–	2.08%	–
IDXX	New	IDEXX LABS INC	$5,435,000	–	58,528	–	1.19%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$3,472,000	–	1,600	–	0.76%	–
PM	New	PHILIP MORRIS INTL INC	$703,000	–	6,911	–	0.15%	–
IBM	New	INTL BUSINESS MACHINES	$667,000	–	4,396	–	0.15%	–
JNJ	New	JOHNSON & JOHNSON	$517,000	–	4,263	–	0.11%	–
BLBD	New	BLUE BIRD CORP	$492,000	–	41,305	–	0.11%	–
CSCO	New	CISCO SYSTEMS INC	$443,000	–	15,450	–	0.10%	–
MO	New	ALTRIA GROUP INC	$395,000	–	5,728	–	0.09%	–
AAPL	New	APPLE INC	$390,000	–	4,076	–	0.09%	–
SHW	New	SHERWIN-WILLIAMS	$382,000	–	1,300	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$384,000	–	2,655	–	0.08%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$383,000	–	3,275	–	0.08%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$379,000	–	3,625	–	0.08%	–
	New	RICHARDS PACKAGING INCOME	$379,000	–	20,500	–	0.08%	–
PBA	New	PEMBINA PIPELINE CORP F	$362,000	–	11,939	–	0.08%	–
XOM	New	EXXON MOBIL CORPORATION	$334,000	–	3,560	–	0.07%	–
PCG	New	P G & E CORP	$277,000	–	4,339	–	0.06%	–
MSFT	New	MICROSOFT CORP	$277,000	–	5,410	–	0.06%	–
PG	New	PROCTER & GAMBLE	$243,000	–	2,874	–	0.05%	–
PGR	New	PROGRESSIVE CORP OHIO	$208,000	–	6,196	–	0.05%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$206,000	–	3,150	–	0.04%	–
BLBDW	New	BLUE BIRD CORP WARRANTS EXP 01	$122,000	–	110,947	–	0.03%	–
QTM	New	QUANTUM CORP DLT & STORAGE	$9,000	–	20,309	–	0.00%	–
AHPI	New	ALLIED HEALTHCARE PRODS I	$6,000	–	10,000	–	0.00%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
TSCC	Exit	TECH SOLUTIONS CO	$0	–	-12,625	–	0.00%	–
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
AHPI	Exit	ALLIED HEALTHCARE PRODS I	$0	–	-10,000	–	-0.00%	–
HK	Exit	HALCON RESOURCES CORP	$0	–	-35,000	–	-0.00%	–
ONVO	Exit	ORGANOVO HOLDINGS INC	$0	–	-11,000	–	-0.01%	–
BLBDW	Exit	BLUE BIRD CORP WARRANTS EXP 01	$0	–	-110,947	–	-0.02%	–
ECYT	Exit	ENDOCYTE INC	$0	–	-40,000	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.05%	–
CELG	Exit	CELGENE CORP	$0	–	-1,900	–	-0.05%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-4,810	–	-0.05%	–
PCG	Exit	P G & E CORP	$0	–	-4,339	–	-0.05%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-3,205	–	-0.05%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.06%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-3,756	–	-0.06%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.07%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.07%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,683	–	-0.07%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-2,655	–	-0.08%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.08%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-4,590	–	-0.10%	–
AAPL	Exit	APPLE INC	$0	–	-4,161	–	-0.11%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-6,965	–	-0.13%	–
BLBD	Exit	BLUE BIRD CORP	$0	–	-64,278	–	-0.15%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-4,436	–	-0.15%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,600	–	-0.72%	–
AON	Exit	AON PLC	$0	–	-90,316	–	-1.86%	–
PX	Exit	PRAXAIR INC	$0	–	-83,948	–	-1.98%	–
EBAY	Exit	EBAY INC	$0	–	-445,473	–	-2.53%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-20,101	–	-2.84%	–
MON	Exit	MONSANTO CO	$0	–	-152,915	–	-3.03%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-445,503	–	-3.21%	–
HTZ	Exit	HERTZ GLOBAL HLDGS INC	$0	–	-847,985	–	-3.29%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-197,940	–	-3.41%	–
BIDU	Exit	BAIDU INC	$0	–	-107,743	–	-3.44%	–
BABA	Exit	ALIBABA GP HLDG LTD	$0	–	-315,530	–	-4.32%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-29,767	–	-4.41%	–
ZBRA	Exit	ZEBRA TECH CORP	$0	–	-268,846	–	-4.78%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-118,779	–	-6.48%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-349,149	–	-7.82%	–
DHR	Exit	DANAHER CORP	$0	–	-461,228	–	-9.12%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-538,229	–	-10.11%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-726,768	–	-10.56%	–
V	Exit	VISA INC	$0	–	-902,511	–	-14.59%	–

Q3 2015

			Value		Shares		↓ Weighting
V	Sell	VISA INC	$62,869,000	+2.2%	902,511	-1.5%	14.59%	+12.5%
CTSH	Sell	COGNIZANT TECH SOL CL A	$45,503,000	-16.6%	726,768	-18.6%	10.56%	-8.2%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$43,575,000	-10.3%	538,229	-1.5%	10.11%	-1.3%
DHR	Sell	DANAHER CORP	$39,301,000	-0.7%	461,228	-0.2%	9.12%	+9.4%
CVS	Sell	C V S CAREMARK CORP	$33,686,000	-9.5%	349,149	-1.7%	7.82%	-0.4%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$27,912,000	+3.5%	118,779	-1.5%	6.48%	+14.0%
ZBRA	New	ZEBRA TECH CORP	$20,580,000	–	268,846	–	4.78%	–
GOOGL	New	ALPHABET INC CLASS A	$19,002,000	–	29,767	–	4.41%	–
BABA	Sell	ALIBABA GP HLDG LTD	$18,607,000	-29.5%	315,530	-1.7%	4.32%	-22.4%
BIDU	Sell	BAIDU INC	$14,805,000	-31.2%	107,743	-0.4%	3.44%	-24.3%
IDXX	Sell	IDEXX LABS INC	$14,697,000	+13.7%	197,940	-1.8%	3.41%	+25.2%
HTZ	Sell	HERTZ GLOBAL HLDGS INC	$14,187,000	-9.5%	847,985	-1.9%	3.29%	-0.3%
PYPL	New	PAYPAL HOLDINGS INC	$13,828,000	–	445,503	–	3.21%	–
MON	Sell	MONSANTO CO	$13,050,000	-21.9%	152,915	-2.4%	3.03%	-14.0%
GOOG	New	ALPHABET INC CLASS C	$12,230,000	–	20,101	–	2.84%	–
EBAY	Sell	EBAY INC	$10,887,000	-60.1%	445,473	-1.7%	2.53%	-56.1%
PX	Sell	PRAXAIR INC	$8,551,000	-16.4%	83,948	-1.9%	1.98%	-8.0%
AON	Sell	AON PLC	$8,003,000	-12.7%	90,316	-1.7%	1.86%	-3.8%
BLBD	New	BLUE BIRD CORP	$640,000	–	64,278	–	0.15%	–
AAPL	Buy	APPLE INC	$459,000	-12.1%	4,161	+0.0%	0.11%	-2.7%
BRKB	Sell	BERKSHIRE HATHAWAY B NEW CLASS	$346,000	-6.0%	2,655	-1.8%	0.08%	+2.6%
MO	Buy	ALTRIA GROUP INC	$309,000	+11.6%	5,683	+0.3%	0.07%	+24.1%
PCG	New	P G & E CORP	$229,000	–	4,339	–	0.05%	–
BLBDW	New	BLUE BIRD CORP WARRANTS EXP 01	$89,000	–	110,947	–	0.02%	–
ONVO	New	ORGANOVO HOLDINGS INC	$29,000	–	11,000	–	0.01%	–
HK	Buy	HALCON RESOURCES CORP	$19,000	+11.8%	35,000	+133.3%	0.00%	0.0%
ACUR	Exit	ACURA PHARMA NEW	$0	–	-21,550	–	-0.00%	–
CALD	Exit	CALLIDUS SOFTWARE INC	$0	–	-12,000	–	-0.04%	–
GOOG	Exit	GOOGLE INC CLASS C	$0	–	-20,487	–	-2.25%	–
QCOM	Exit	QUALCOMM INC	$0	–	-191,859	–	-2.53%	–
GOOGL	Exit	GOOGLE INC CLASS A	$0	–	-30,274	–	-3.44%	–
FAST	Exit	FASTENAL CO	$0	–	-415,148	–	-3.69%	–

Q2 2015

			Value		Shares		↓ Weighting
V	New	VISA INC	$61,543,000	–	916,493	–	12.97%	–
CTSH	New	COGNIZANT TECH SOL CL A	$54,543,000	–	892,838	–	11.50%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$48,587,000	–	546,291	–	10.24%	–
DHR	New	DANAHER CORP	$39,571,000	–	462,336	–	8.34%	–
CVS	New	C V S CAREMARK CORP	$37,241,000	–	355,077	–	7.85%	–
EBAY	New	EBAY INC	$27,297,000	–	453,133	–	5.75%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$26,961,000	–	120,570	–	5.68%	–
BABA	New	ALIBABA GP HLDG LTD	$26,406,000	–	320,972	–	5.56%	–
BIDU	New	BAIDU INC	$21,529,000	–	108,142	–	4.54%	–
FAST	New	FASTENAL CO	$17,511,000	–	415,148	–	3.69%	–
MON	New	MONSANTO CO	$16,703,000	–	156,707	–	3.52%	–
GOOGL	New	GOOGLE INC CLASS A	$16,349,000	–	30,274	–	3.44%	–
HTZ	New	HERTZ GLOBAL HLDGS INC	$15,670,000	–	864,778	–	3.30%	–
IDXX	New	IDEXX LABS INC	$12,924,000	–	201,498	–	2.72%	–
QCOM	New	QUALCOMM INC	$12,016,000	–	191,859	–	2.53%	–
GOOG	New	GOOGLE INC CLASS C	$10,664,000	–	20,487	–	2.25%	–
PX	New	PRAXAIR INC	$10,229,000	–	85,565	–	2.16%	–
AON	New	AON PLC	$9,162,000	–	91,913	–	1.93%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$3,278,000	–	1,600	–	0.69%	–
IBM	New	INTL BUSINESS MACHINES	$722,000	–	4,436	–	0.15%	–
PM	New	PHILIP MORRIS INTL INC	$558,000	–	6,965	–	0.12%	–
AAPL	New	APPLE INC	$522,000	–	4,160	–	0.11%	–
JNJ	New	JOHNSON & JOHNSON	$447,000	–	4,590	–	0.09%	–
PBA	New	PEMBINA PIPELINE CORP F	$386,000	–	11,939	–	0.08%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$380,000	–	3,275	–	0.08%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$378,000	–	3,625	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$368,000	–	2,705	–	0.08%	–
SHW	New	SHERWIN-WILLIAMS	$358,000	–	1,300	–	0.08%	–
XOM	New	EXXON MOBIL CORPORATION	$312,000	–	3,756	–	0.07%	–
MO	New	ALTRIA GROUP INC	$277,000	–	5,668	–	0.06%	–
	New	RICHARDS PACKAGING INCOME	$268,000	–	20,500	–	0.06%	–
PG	New	PROCTER & GAMBLE	$251,000	–	3,205	–	0.05%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$220,000	–	3,150	–	0.05%	–
CELG	New	CELGENE CORP	$220,000	–	1,900	–	0.05%	–
MSFT	New	MICROSOFT CORP	$212,000	–	4,810	–	0.04%	–
ECYT	New	ENDOCYTE INC	$208,000	–	40,000	–	0.04%	–
CALD	New	CALLIDUS SOFTWARE INC	$187,000	–	12,000	–	0.04%	–
HK	New	HALCON RESOURCES CORP	$17,000	–	15,000	–	0.00%	–
ACUR	New	ACURA PHARMA NEW	$21,000	–	21,550	–	0.00%	–
AHPI	New	ALLIED HEALTHCARE PRODS I	$16,000	–	10,000	–	0.00%	–
TSCC	New	TECH SOLUTIONS CO	$0	–	12,625	–	0.00%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2014

			Value		Shares		↓ Weighting
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
TSCC	Exit	TECH SOLUTIONS CO	$0	–	-12,625	–	0.00%	–
AHPI	Exit	ALLIED HEALTHCARE PRODS I	$0	–	-10,000	–	-0.01%	–
ACUR	Exit	ACURA PHARMA NEW	$0	–	-39,050	–	-0.01%	–
ONVO	Exit	ORGANOVO HOLDINGS INC	$0	–	-10,000	–	-0.02%	–
SIRI	Exit	SIRIUS XM HOLDINGS INC	$0	–	-20,000	–	-0.02%	–
CALD	Exit	CALLIDUS SOFTWARE INC	$0	–	-12,000	–	-0.03%	–
HK	Exit	HALCON RESOURCES CORP	$0	–	-40,000	–	-0.04%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-3,204	–	-0.05%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.05%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-4,810	–	-0.05%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.06%	–
AAPL	Exit	APPLE INC	$0	–	-2,471	–	-0.06%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,621	–	-0.06%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-3,036	–	-0.07%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,300	–	-0.07%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.09%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.09%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,624	–	-0.09%	–
ECYT	Exit	ENDOCYTE INC	$0	–	-66,000	–	-0.10%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-3,035	–	-0.10%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.12%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-6,845	–	-0.14%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-4,146	–	-0.19%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,600	–	-0.79%	–
CLB	Exit	CORE LABS	$0	–	-40,162	–	-1.40%	–
AON	Exit	AON PLC	$0	–	-91,540	–	-1.91%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-97,157	–	-2.73%	–
GOOG	Exit	GOOGLE INC CLASS C	$0	–	-21,007	–	-2.89%	–
BIDU	Exit	BAIDU INC	$0	–	-65,159	–	-3.39%	–
QCOM	Exit	QUALCOMM INC	$0	–	-201,241	–	-3.59%	–
MON	Exit	MONSANTO CO	$0	–	-159,506	–	-4.28%	–
FAST	Exit	FASTENAL CO	$0	–	-430,014	–	-4.60%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-120,457	–	-5.60%	–
GOOGL	Exit	GOOGLE INC CLASS A	$0	–	-42,890	–	-6.02%	–
EBAY	Exit	EBAY INC	$0	–	-454,699	–	-6.14%	–
PX	Exit	PRAXAIR INC	$0	–	-203,145	–	-6.25%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-356,567	–	-6.76%	–
DHR	Exit	DANAHER CORP	$0	–	-463,889	–	-8.40%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-545,644	–	-9.19%	–
V	Exit	VISA INC	$0	–	-231,325	–	-11.76%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-1,201,130	–	-12.82%	–

Q3 2014

			Value		Shares		↓ Weighting
CTSH	Buy	COGNIZANT TECH SOL CL A	$53,775,000	+5.2%	1,201,130	+14.9%	12.82%	+25.6%
V	Sell	VISA INC	$49,358,000	+0.5%	231,325	-0.7%	11.76%	+20.0%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$38,539,000	-60.0%	545,644	-60.7%	9.19%	-52.2%
DHR	Sell	DANAHER CORP	$35,246,000	-4.0%	463,889	-0.5%	8.40%	+14.5%
CVS	Buy	C V S CAREMARK CORP	$28,379,000	+56.4%	356,567	+48.1%	6.76%	+86.6%
PX	Sell	PRAXAIR INC	$26,206,000	-3.2%	203,145	-0.3%	6.25%	+15.5%
EBAY	Sell	EBAY INC	$25,750,000	+11.9%	454,699	-1.1%	6.14%	+33.6%
GOOGL	Sell	GOOGLE INC CLASS A	$25,237,000	+0.2%	42,890	-0.5%	6.02%	+19.6%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$23,495,000	+1.8%	120,457	-1.4%	5.60%	+21.5%
FAST	Sell	FASTENAL CO	$19,308,000	-9.5%	430,014	-0.3%	4.60%	+8.0%
MON	Sell	MONSANTO CO	$17,946,000	-10.3%	159,506	-0.6%	4.28%	+7.0%
QCOM	Sell	QUALCOMM INC	$15,047,000	-6.9%	201,241	-1.4%	3.59%	+11.1%
BIDU	Sell	BAIDU INC	$14,220,000	+15.2%	65,159	-1.4%	3.39%	+37.5%
GOOG	Sell	GOOGLE INC CLASS C	$12,129,000	-0.6%	21,007	-1.0%	2.89%	+18.6%
IDXX	Sell	IDEXX LABS INC	$11,448,000	-57.6%	97,157	-51.9%	2.73%	-49.3%
AON	Sell	AON PLC	$8,025,000	-2.7%	91,540	-0.0%	1.91%	+16.2%
CLB	New	CORE LABS	$5,878,000	–	40,162	–	1.40%	–
ECYT	Buy	ENDOCYTE INC	$401,000	-3.4%	66,000	+4.8%	0.10%	+15.7%
JNJ	Buy	JOHNSON & JOHNSON	$386,000	+7.8%	3,624	+5.8%	0.09%	+29.6%
XOM	Buy	EXXON MOBIL CORPORATION	$286,000	+12.2%	3,036	+19.7%	0.07%	+33.3%
MO	Buy	ALTRIA GROUP INC	$258,000	+9.8%	5,621	+0.3%	0.06%	+29.8%
AAPL	New	APPLE INC	$249,000	–	2,471	–	0.06%	–
EMR	New	EMERSON ELECTRIC CO	$201,000	–	3,204	–	0.05%	–
COF	Exit	CAPITAL ONE FINANCIAL CP	$0	–	-300,592	–	-4.96%	–

Q2 2014

			Value		Shares		↓ Weighting
ESRX	New	EXPRESS SCRIPTS HLDG CO	$96,312,000	–	1,389,184	–	19.24%	–
CTSH	New	COGNIZANT TECH SOL CL A	$51,118,000	–	1,045,145	–	10.21%	–
V	New	VISA INC	$49,104,000	–	233,040	–	9.81%	–
DHR	New	DANAHER CORP	$36,722,000	–	466,424	–	7.33%	–
PX	New	PRAXAIR INC	$27,072,000	–	203,794	–	5.41%	–
IDXX	New	IDEXX LABS INC	$26,970,000	–	201,914	–	5.39%	–
GOOGL	New	GOOGLE INC CLASS A	$25,198,000	–	43,097	–	5.03%	–
COF	New	CAPITAL ONE FINANCIAL CP	$24,829,000	–	300,592	–	4.96%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$23,071,000	–	122,131	–	4.61%	–
EBAY	New	EBAY INC	$23,015,000	–	459,746	–	4.60%	–
FAST	New	FASTENAL CO	$21,337,000	–	431,146	–	4.26%	–
MON	New	MONSANTO CO	$20,012,000	–	160,427	–	4.00%	–
CVS	New	C V S CAREMARK CORP	$18,149,000	–	240,800	–	3.62%	–
QCOM	New	QUALCOMM INC	$16,162,000	–	204,069	–	3.23%	–
BIDU	New	BAIDU INC	$12,348,000	–	66,098	–	2.47%	–
GOOG	New	GOOGLE INC CLASS C	$12,208,000	–	21,221	–	2.44%	–
AON	New	AON PLC	$8,249,000	–	91,562	–	1.65%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$3,038,000	–	1,600	–	0.61%	–
IBM	New	INTL BUSINESS MACHINES	$752,000	–	4,146	–	0.15%	–
PM	New	PHILIP MORRIS INTL INC	$577,000	–	6,845	–	0.12%	–
PBA	New	PEMBINA PIPELINE CORP F	$513,000	–	11,939	–	0.10%	–
ECYT	New	ENDOCYTE INC	$415,000	–	63,000	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$384,000	–	3,035	–	0.08%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$361,000	–	3,275	–	0.07%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$359,000	–	3,625	–	0.07%	–
JNJ	New	JOHNSON & JOHNSON	$358,000	–	3,424	–	0.07%	–
HK	New	HALCON RESOURCES CORP	$292,000	–	40,000	–	0.06%	–
SHW	New	SHERWIN-WILLIAMS	$269,000	–	1,300	–	0.05%	–
XOM	New	EXXON MOBIL CORPORATION	$255,000	–	2,536	–	0.05%	–
	New	RICHARDS PACKAGING INCOME	$249,000	–	20,500	–	0.05%	–
MO	New	ALTRIA GROUP INC	$235,000	–	5,604	–	0.05%	–
EFG	New	ISHARES MSCI GWTH IDX FD	$228,000	–	3,150	–	0.05%	–
MSFT	New	MICROSOFT CORP	$201,000	–	4,810	–	0.04%	–
CALD	New	CALLIDUS SOFTWARE INC	$143,000	–	12,000	–	0.03%	–
ONVO	New	ORGANOVO HOLDINGS INC	$84,000	–	10,000	–	0.02%	–
SIRI	New	SIRIUS XM HOLDINGS INC	$69,000	–	20,000	–	0.01%	–
ACUR	New	ACURA PHARMA NEW	$43,000	–	39,050	–	0.01%	–
AHPI	New	ALLIED HEALTHCARE PRODS I	$24,000	–	10,000	–	0.01%	–
TSCC	New	TECH SOLUTIONS CO	$0	–	12,625	–	0.00%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Q4 2013

			Value		Shares		↓ Weighting
TSCC	Exit	TECH SOLUTIONS CO	$0	–	-12,625	–	0.00%	–
GWLKQ	Exit	GABRIEL TECHNOLOGIES CP	$0	–	-10,000	–	0.00%	–
SNTI	Exit	SENESCO TECH INC NEW	$0	–	-20,000	–	0.00%	–
AHPI	Exit	ALLIED HEALTHCARE PRODS I	$0	–	-10,000	–	-0.01%	–
ACI	Exit	ARCH COAL INC	$0	–	-15,000	–	-0.01%	–
HK	Exit	HALCON RESOURCES CORP	$0	–	-15,000	–	-0.01%	–
SIRI	Exit	SIRIUS XM RADIO INC	$0	–	-20,000	–	-0.02%	–
ACUR	Exit	ACURA PHARMA NEW	$0	–	-44,050	–	-0.02%	–
	Exit	RICHARDS PACKAGING INCOME	$0	–	-20,500	–	-0.04%	–
EFG	Exit	ISHARES MSCI GWTH IDX FD	$0	–	-3,150	–	-0.05%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,610	–	-0.05%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-2,536	–	-0.05%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-4,459	–	-0.06%	–
IWB	Exit	ISHARES TR RUSSELL 1000 RUSSEL	$0	–	-3,275	–	-0.07%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-8,948	–	-0.07%	–
IYY	Exit	ISHARES TR DJ TOTAL MKT US TOT	$0	–	-3,625	–	-0.07%	–
SHW	Exit	SHERWIN-WILLIAMS	$0	–	-1,800	–	-0.07%	–
BRKB	Exit	BERKSHIRE HATHAWAY B NEW CLASS	$0	–	-3,035	–	-0.07%	–
PBA	Exit	PEMBINA PIPELINE CORP F	$0	–	-11,939	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-5,259	–	-0.10%	–
SNTS	Exit	SANTARUS INC	$0	–	-26,200	–	-0.13%	–
USB	Exit	U S BANCORP DEL NEW	$0	–	-17,769	–	-0.14%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-4,146	–	-0.16%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-9,910	–	-0.18%	–
	Exit	1/100 BERKSHIRE HTWY CLA 100 S	$0	–	-1,700	–	-0.62%	–
AON	Exit	AON PLC	$0	–	-93,985	–	-1.50%	–
CHRW	Exit	C H ROBINSON WORLDWD NEW	$0	–	-130,911	–	-1.67%	–
BIDU	Exit	BAIDU INC	$0	–	-67,840	–	-2.26%	–
CVS	Exit	C V S CAREMARK CORP	$0	–	-249,392	–	-3.03%	–
QCOM	Exit	QUALCOMM INC	$0	–	-215,162	–	-3.10%	–
MON	Exit	MONSANTO CO	$0	–	-166,646	–	-3.73%	–
GOOGL	Exit	GOOGLE INC CLASS A	$0	–	-22,270	–	-4.18%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-208,884	–	-4.46%	–
COF	Exit	CAPITAL ONE FINANCIAL CP	$0	–	-315,287	–	-4.65%	–
FAST	Exit	FASTENAL CO	$0	–	-444,706	–	-4.79%	–
ICE	Exit	INTERCONTINENTAL EXCHANGE	$0	–	-124,913	–	-4.86%	–
PX	Exit	PRAXAIR INC	$0	–	-213,056	–	-5.49%	–
EBAY	Exit	EBAY INC	$0	–	-473,319	–	-5.66%	–
CTSH	Exit	COGNIZANT TECH SOL CL A	$0	–	-541,413	–	-9.53%	–
V	Exit	VISA INC	$0	–	-239,429	–	-9.81%	–
DHR	Exit	DANAHER CORP	$0	–	-752,930	–	-11.19%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-1,359,278	–	-18.01%	–

Q3 2013

			Value		Shares		↓ Weighting
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$84,003,000	+0.0%	1,359,278	-0.1%	18.01%	-5.5%
DHR	Sell	DANAHER CORP	$52,193,000	+8.2%	752,930	-1.2%	11.19%	+2.2%
V	Sell	VISA INC	$45,755,000	+3.5%	239,429	-1.0%	9.81%	-2.2%
CTSH	Sell	COGNIZANT TECH SOL CL A	$44,461,000	+29.7%	541,413	-1.1%	9.53%	+22.6%
EBAY	Sell	EBAY INC	$26,409,000	+7.1%	473,319	-0.7%	5.66%	+1.2%
PX	Sell	PRAXAIR INC	$25,611,000	+3.1%	213,056	-1.3%	5.49%	-2.6%
ICE	Sell	INTERCONTINENTAL EXCHANGE	$22,662,000	+1.4%	124,913	-0.6%	4.86%	-4.2%
FAST	Sell	FASTENAL CO	$22,355,000	+8.7%	444,706	-1.0%	4.79%	+2.8%
COF	Sell	CAPITAL ONE FINANCIAL CP	$21,673,000	-25.4%	315,287	-31.9%	4.65%	-29.5%
IDXX	Buy	IDEXX LABS INC	$20,815,000	+110.9%	208,884	+89.8%	4.46%	+99.4%
GOOGL	Sell	GOOGLE INC CLASS A	$19,507,000	-1.2%	22,270	-0.7%	4.18%	-6.7%
MON	Sell	MONSANTO CO	$17,393,000	+0.9%	166,646	-4.5%	3.73%	-4.7%
QCOM	Sell	QUALCOMM INC	$14,485,000	+7.0%	215,162	-2.9%	3.10%	+1.2%
CVS	Sell	C V S CAREMARK CORP	$14,153,000	-44.0%	249,392	-43.6%	3.03%	-47.1%
BIDU	Sell	BAIDU INC	$10,527,000	+62.8%	67,840	-0.7%	2.26%	+53.9%
CHRW	Sell	C H ROBINSON WORLDWD NEW	$7,801,000	+4.9%	130,911	-0.9%	1.67%	-0.9%
AON	New	AON PLC	$6,996,000	–	93,985	–	1.50%	–
PM	Sell	PHILIP MORRIS INTL INC	$858,000	-0.8%	9,910	-0.8%	0.18%	-6.1%
IBM	Sell	INTL BUSINESS MACHINES	$768,000	-3.4%	4,146	-0.3%	0.16%	-8.3%
USB	Sell	U S BANCORP DEL NEW	$650,000	-0.6%	17,769	-1.8%	0.14%	-6.1%
SNTS	Buy	SANTARUS INC	$592,000	+40.6%	26,200	+31.0%	0.13%	+33.7%
MO	Buy	ALTRIA GROUP INC	$307,000	-1.9%	8,948	+0.2%	0.07%	-7.0%
EMR	Sell	EMERSON ELECTRIC CO	$288,000	+12.1%	4,459	-5.4%	0.06%	+6.9%
EFG	New	ISHARES MSCI GWTH IDX FD	$215,000	–	3,150	–	0.05%	–
HK	New	HALCON RESOURCES CORP	$66,000	–	15,000	–	0.01%	–
	Exit	ADVANCED OPTICAL IMAGING	$0	–	-45,000	–	0.00%	–

Q2 2013

			Value		Shares		↓ Weighting
ESRX	New	EXPRESS SCRIPTS HLDG CO	$83,996,000	–	1,360,474	–	19.05%	–
DHR	New	DANAHER CORP	$48,248,000	–	762,219	–	10.94%	–
V	New	VISA INC	$44,213,000	–	241,934	–	10.03%	–
CTSH	New	COGNIZANT TECH SOL CL A	$34,275,000	–	547,176	–	7.77%	–
COF	New	CAPITAL ONE FINANCIAL CP	$29,062,000	–	462,701	–	6.59%	–
CVS	New	C V S CAREMARK CORP	$25,283,000	–	442,163	–	5.73%	–
PX	New	PRAXAIR INC	$24,850,000	–	215,784	–	5.64%	–
EBAY	New	EBAY INC	$24,658,000	–	476,762	–	5.59%	–
ICE	New	INTERCONTINENTAL EXCHANGE	$22,348,000	–	125,719	–	5.07%	–
FAST	New	FASTENAL CO	$20,558,000	–	448,973	–	4.66%	–
GOOGL	New	GOOGLE INC CLASS A	$19,753,000	–	22,437	–	4.48%	–
MON	New	MONSANTO CO	$17,246,000	–	174,557	–	3.91%	–
QCOM	New	QUALCOMM INC	$13,532,000	–	221,505	–	3.07%	–
IDXX	New	IDEXX LABS INC	$9,868,000	–	110,027	–	2.24%	–
CHRW	New	C H ROBINSON WORLDWD NEW	$7,437,000	–	132,073	–	1.69%	–
BIDU	New	BAIDU INC	$6,466,000	–	68,352	–	1.47%	–
	New	1/100 BERKSHIRE HTWY CLA 100 S	$2,866,000	–	1,700	–	0.65%	–
PM	New	PHILIP MORRIS INTL INC	$865,000	–	9,988	–	0.20%	–
IBM	New	INTL BUSINESS MACHINES	$795,000	–	4,159	–	0.18%	–
USB	New	U S BANCORP DEL NEW	$654,000	–	18,101	–	0.15%	–
JNJ	New	JOHNSON & JOHNSON	$452,000	–	5,259	–	0.10%	–
SNTS	New	SANTARUS INC	$421,000	–	20,000	–	0.10%	–
PBA	New	PEMBINA PIPELINE CORP F	$366,000	–	11,939	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY B NEW CLASS	$340,000	–	3,035	–	0.08%	–
SHW	New	SHERWIN-WILLIAMS	$318,000	–	1,800	–	0.07%	–
MO	New	ALTRIA GROUP INC	$313,000	–	8,931	–	0.07%	–
IWB	New	ISHARES TR RUSSELL 1000 RUSSEL	$295,000	–	3,275	–	0.07%	–
IYY	New	ISHARES TR DJ TOTAL MKT US TOT	$293,000	–	3,625	–	0.07%	–
EMR	New	EMERSON ELECTRIC CO	$257,000	–	4,714	–	0.06%	–
MSFT	New	MICROSOFT CORP	$228,000	–	6,610	–	0.05%	–
XOM	New	EXXON MOBIL CORPORATION	$229,000	–	2,536	–	0.05%	–
	New	RICHARDS PACKAGING INCOME	$177,000	–	20,500	–	0.04%	–
ACUR	New	ACURA PHARMA NEW	$83,000	–	44,050	–	0.02%	–
SIRI	New	SIRIUS XM RADIO INC	$67,000	–	20,000	–	0.02%	–
ACI	New	ARCH COAL INC	$57,000	–	15,000	–	0.01%	–
AHPI	New	ALLIED HEALTHCARE PRODS I	$28,000	–	10,000	–	0.01%	–
SNTI	New	SENESCO TECH INC NEW	$1,000	–	20,000	–	0.00%	–
TSCC	New	TECH SOLUTIONS CO	$0	–	12,625	–	0.00%	–
	New	ADVANCED OPTICAL IMAGING	$0	–	45,000	–	0.00%	–
GWLKQ	New	GABRIEL TECHNOLOGIES CP	$0	–	10,000	–	0.00%	–

Compare quarters

Export CORTLAND ASSOCIATES INC/MO's holdings