NICHOLS & PRATT ADVISERS LLP /MA Activity Q2 2001-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$104,790,010	-13.7%	611,720	-2.4%	7.94%	-10.3%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$82,276,202	+8.2%	342,005	-1.2%	6.23%	+12.5%
JNJ	Sell	JOHNSON & JOHNSON	$81,179,020	-6.6%	521,295	-0.8%	6.15%	-2.9%
MSFT	Sell	MICROSOFT CORP	$64,989,356	-9.1%	206,043	-1.9%	4.92%	-5.5%
GOOG	Sell	ALPHABET INC CL Ccapstk cl c	$64,642,613	+8.6%	489,722	-0.5%	4.90%	+12.9%
PEP	Sell	PEPSICO INC	$61,939,384	-9.0%	365,817	-0.4%	4.69%	-5.4%
PG	Sell	PROCTER & GAMBLE CO	$60,968,103	-4.9%	418,081	-1.0%	4.62%	-1.1%
MA	Sell	MASTERCARD INC CL Acl a	$60,269,935	-0.0%	152,453	-0.5%	4.56%	+4.0%
MRK	Sell	MERCK & CO INC	$51,768,443	-14.3%	503,271	-4.0%	3.92%	-10.9%
NVO	Buy	NOVO NORDISK AS SPONS ADRadr	$46,178,355	+11.6%	509,060	+98.9%	3.50%	+16.1%
FISV	Buy	FISERV INC	$38,616,507	-9.7%	342,721	+1.1%	2.92%	-6.1%
TJX	Sell	TJX COS INC	$36,554,638	+4.5%	411,640	-0.3%	2.77%	+8.7%
FAST	Sell	FASTENAL CO	$32,787,461	-7.8%	600,513	-0.5%	2.48%	-4.1%
KMI	Buy	KINDER MORGAN INC	$30,942,581	-3.6%	1,868,519	+0.3%	2.34%	+0.3%
KO	Sell	COCA COLA CO	$28,623,773	-8.9%	511,441	-2.0%	2.17%	-5.3%
CAT	Sell	CATERPILLAR INC	$28,357,329	+8.3%	103,873	-2.4%	2.15%	+12.6%
BRKB	Sell	BERKSHIRE HATHAWAY INC-CL Bclb new	$27,722,392	-0.5%	79,139	-3.1%	2.10%	+3.5%
INTU	Sell	INTUIT INC	$27,172,515	+11.6%	53,208	-0.0%	2.06%	+16.1%
AMZN	Buy	AMAZON.COM INC	$24,674,192	-2.2%	194,450	+0.5%	1.87%	+1.7%
ACN	Sell	ACCENTURE PLC CL A	$24,452,413	-0.8%	79,632	-0.2%	1.85%	+3.2%
CVS	Sell	CVS HEALTH CORP	$23,513,767	+0.8%	336,911	-0.1%	1.78%	+4.9%
	New	LINDE PLC	$21,969,395	–	59,002	–	1.66%	–
VZ	Buy	VERIZON COMMUNICATIONS	$19,964,711	-1.6%	616,696	+13.1%	1.51%	+2.4%
CSCO	Sell	CISCO SYSTEMS INC	$18,669,827	-1.6%	347,281	-5.3%	1.41%	+2.4%
IQV	Buy	IQVIA HOLDINGS INC	$17,839,378	+10.9%	90,871	+26.8%	1.35%	+15.4%
QCOM	Buy	QUALCOMM INC	$16,606,341	-6.4%	149,597	+0.4%	1.26%	-2.6%
RTOKY	Buy	RENTOKIL INITIAL PLC SPONS ADRsponsored adr	$15,605,848	+0.1%	423,823	+5.8%	1.18%	+4.0%
SYK	Sell	STRYKER CORPORATION	$14,385,253	-10.7%	52,958	-0.3%	1.09%	-7.2%
EXPD	Sell	EXPEDITORS INTL WASH INC	$14,037,934	-15.8%	122,463	-11.1%	1.06%	-12.5%
ALC	New	ALCON INC	$13,138,056	–	171,441	–	1.00%	–
MDT	Buy	MEDTRONIC PLC	$13,034,159	-11.1%	166,851	+0.1%	0.99%	-7.5%
SO	Sell	SOUTHERN COMPANY	$12,700,135	-9.9%	196,232	-2.2%	0.96%	-6.2%
APD	Buy	AIR PRODUCTS & CHEMICALS INC	$10,994,476	+0.8%	38,837	+6.5%	0.83%	+4.9%
XOM	Sell	EXXON MOBIL CORP	$9,788,770	+8.3%	83,252	-1.2%	0.74%	+12.6%
GPN	Buy	GLOBAL PAYMENTS INC	$6,943,591	+28.9%	60,184	+10.1%	0.53%	+34.2%
WOPEY	Buy	WOODSIDE ENERGY GROUP LTD SPONS ADRsponsored adr	$5,882,347	+1.8%	255,269	+2.4%	0.44%	+5.7%
NVS	Sell	NOVARTIS AG SPONSORED ADRsponsored adr	$5,221,751	-15.5%	51,264	-16.3%	0.40%	-12.2%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$5,005,805	+1437.5%	9,891	+1485.1%	0.38%	+1479.2%
EMR	Sell	EMERSON ELEC CO	$4,910,005	-9.3%	50,844	-15.1%	0.37%	-5.6%
STT	Sell	STATE STREET CORP	$4,855,404	-15.2%	72,512	-7.3%	0.37%	-11.8%
ECL	Sell	ECOLAB INC	$4,781,501	-33.7%	28,238	-26.9%	0.36%	-31.0%
T	Sell	AT&T INC	$4,356,010	-42.1%	290,014	-38.5%	0.33%	-39.8%
ABBV	Buy	ABBVIE INC	$4,168,121	+12.2%	27,972	+1.4%	0.32%	+16.6%
ABT	Buy	ABBOTT LABS	$3,830,805	-10.5%	39,554	+0.8%	0.29%	-7.1%
MKC	Sell	MCCORMICK & CO INC	$3,695,682	-41.5%	49,112	-32.2%	0.28%	-39.1%
INTC	Sell	INTEL CORP	$3,487,774	-1.9%	98,108	-7.8%	0.26%	+1.9%
JPM	Buy	JP MORGAN CHASE & CO	$3,472,214	+0.3%	23,943	+0.6%	0.26%	+4.4%
	Buy	ASPEN TECHNOLOGY INC	$3,263,600	+196.8%	15,978	+143.5%	0.25%	+208.8%
BHP	Buy	BHP GROUP LTD SPONS ADRads	$3,170,163	-4.1%	55,844	+0.9%	0.24%	-0.4%
SHW	Sell	SHERWIN WILLIAMS CO	$2,906,716	-22.2%	11,431	-18.8%	0.22%	-19.1%
RTX	Sell	RTX CORPORATION	$2,687,864	-48.4%	37,347	-29.8%	0.20%	-46.2%
	Buy	GENERAL ELECTRIC CO	$2,639,602	+1.0%	23,877	+0.3%	0.20%	+5.3%
MMM	Buy	3M CO	$2,615,275	-6.4%	27,935	+0.0%	0.20%	-2.5%
WAT	New	WATERS CORP	$2,594,293	–	9,465	–	0.20%	–
COST	Buy	COSTCO WHOLESALE CORP NEW	$2,543,450	+5.1%	4,502	+0.1%	0.19%	+9.7%
ADBE	Sell	ADOBE INC	$2,477,094	+4.1%	4,858	-0.1%	0.19%	+8.7%
DHR	Buy	DANAHER CORP	$2,037,397	+4.6%	8,212	+1.2%	0.15%	+8.5%
PFE	Sell	PFIZER INC	$1,826,738	-14.9%	55,072	-5.8%	0.14%	-11.5%
SYY	Buy	SYSCO CORP	$1,682,624	-10.6%	25,475	+0.4%	0.13%	-7.3%
V	Sell	VISA INC CL A	$1,530,946	-3.7%	6,656	-0.6%	0.12%	0.0%
SPGI	Buy	S&P GLOBAL INC	$1,388,558	-6.4%	3,800	+2.7%	0.10%	-2.8%
AMGN	Buy	AMGEN INC	$1,369,063	+35.9%	5,094	+12.3%	0.10%	+42.5%
IBM	Sell	INTL. BUSINESS MACHINES CORP	$1,172,627	-1.3%	8,358	-5.9%	0.09%	+2.3%
UNP	Buy	UNION PAC CORP	$1,109,783	+1.4%	5,450	+1.9%	0.08%	+5.0%
CB	Buy	CHUBB LTD	$1,002,387	+12.1%	4,815	+3.7%	0.08%	+16.9%
ITW	Buy	ILLINOIS TOOL WKS INC	$973,060	+2.4%	4,225	+11.2%	0.07%	+7.2%
CL	Sell	COLGATE PALMOLIVE CO	$917,318	-7.9%	12,900	-0.2%	0.07%	-5.5%
IWM	Buy	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$908,444	-0.9%	5,140	+5.0%	0.07%	+3.0%
GOOGL	Sell	ALPHABET INC CL Acapstk cl a	$878,070	-36.3%	6,710	-41.7%	0.07%	-34.0%
QSR	Buy	RESTAURANT BRANDS INTERNATIONAL INC	$866,201	+37.9%	13,063	+61.1%	0.07%	+43.5%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$823,754	+271.7%	1,927	+285.4%	0.06%	+287.5%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$748,426	+4.5%	12,895	+15.1%	0.06%	+9.6%
HD	Sell	HOME DEPOT INC	$715,515	-57.4%	2,368	-56.2%	0.05%	-55.7%
PHR	Sell	PHREESIA INC	$702,648	-63.0%	37,615	-38.5%	0.05%	-61.6%
EL	Sell	LAUDER ESTEE COMPANIES INC CL Acl a	$649,144	-45.4%	4,492	-25.8%	0.05%	-43.7%
SBUX	Sell	STARBUCKS CORP	$642,540	-34.1%	7,040	-28.5%	0.05%	-31.0%
	Sell	WARNER BROS DISCOVERY INC CL A	$586,233	-37.6%	53,981	-27.9%	0.04%	-35.3%
	Buy	GE HEALTHCARE TECHNOLOGIES INC	$540,374	-16.0%	7,942	+0.3%	0.04%	-12.8%
DE	Buy	DEERE & CO	$547,200	+58.9%	1,450	+70.6%	0.04%	+64.0%
UL	Sell	UNILEVER PLC SPONS ADRspons adr new	$473,499	-54.0%	9,585	-51.4%	0.04%	-52.0%
DIS	Sell	DISNEY WALT CO NEW	$466,604	-33.7%	5,757	-27.0%	0.04%	-31.4%
RGEN	New	REPLIGEN CORP	$376,058	–	2,365	–	0.03%	–
SLB	Sell	SCHLUMBERGER LTD	$359,361	+16.8%	6,164	-1.6%	0.03%	+22.7%
MKTX	Buy	MARKETAXESS HOLDINGS INC	$343,747	-17.8%	1,609	+0.6%	0.03%	-13.3%
AVGO	Buy	BROADCOM INC	$319,773	-0.4%	385	+4.1%	0.02%	+4.3%
NEE	Buy	NEXTERA ENERGY INC	$309,194	-9.4%	5,397	+17.4%	0.02%	-8.0%
CRM	Sell	SALESFORCE INC	$300,114	-64.3%	1,480	-62.8%	0.02%	-62.3%
ETN	Buy	EATON CORP PLC	$280,037	+23.8%	1,313	+16.7%	0.02%	+31.2%
SHOP	Sell	SHOPIFY INC CL Acl a	$272,850	-57.8%	5,000	-50.0%	0.02%	-55.3%
MDY	Sell	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$283,117	-6.2%	620	-1.6%	0.02%	-4.5%
EFA	Buy	ISHARES MSCI EAFE ETFmsci eafe etf	$269,408	+21.8%	3,909	+28.2%	0.02%	+25.0%
AMT	Buy	AMERICAN TOWER CORP REIT	$254,897	-10.9%	1,550	+5.1%	0.02%	-9.5%
CTAS	Sell	CINTAS CORP	$216,454	-12.9%	450	-10.0%	0.02%	-11.1%
AWK	Buy	AMERICAN WATER WORKS CO INC	$204,319	-4.6%	1,650	+10.0%	0.02%	-6.2%
ETB	New	EATON VANCE TAX MNGED BUY WR	$15,762	–	1,250	–	0.00%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-1,000	–	-0.02%	–
HSY	Exit	HERSHEY COMPANY	$0	–	-915	–	-0.02%	–
MDB	Exit	MONGODB INC CL Acl a	$0	–	-600	–	-0.02%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-6,950	–	-0.02%	–
JKHY	Exit	JACK HENRY & ASSOC INC	$0	–	-1,826	–	-0.02%	–
ACL	Exit	ALCON INC	$0	–	-171,476	–	-1.02%	–
LIN	Exit	LINDE PLC	$0	–	-59,380	–	-1.65%	–

Q2 2023

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$121,486,169	–	626,704	–	8.85%	–
JNJ	New	JOHNSON & JOHNSON	$86,921,280	–	525,547	–	6.33%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$76,037,132	–	346,055	–	5.54%	–
MSFT	New	MICROSOFT CORP	$71,481,164	–	210,139	–	5.20%	–
PEP	New	PEPSICO INC	$68,059,944	–	367,402	–	4.96%	–
PG	New	PROCTER & GAMBLE CO	$64,119,064	–	422,380	–	4.67%	–
MRK	New	MERCK & CO INC	$60,425,607	–	524,003	–	4.40%	–
MA	New	MASTERCARD INC CL Acl a	$60,293,816	–	153,272	–	4.39%	–
GOOG	New	ALPHABET INC CL Ccapstk cl c	$59,536,852	–	492,333	–	4.34%	–
FISV	New	FISERV INC	$42,760,206	–	339,044	–	3.11%	–
NVO	New	NOVO NORDISK AS SPONS ADRadr	$41,371,554	–	255,920	–	3.01%	–
FAST	New	FASTENAL CO	$35,564,904	–	603,434	–	2.59%	–
TJX	New	TJX COS INC	$34,973,836	–	412,677	–	2.55%	–
KMI	New	KINDER MORGAN INC	$32,081,497	–	1,862,901	–	2.34%	–
KO	New	COCA COLA CO	$31,436,211	–	521,986	–	2.29%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL Bclb new	$27,855,267	–	81,687	–	2.03%	–
CAT	New	CATERPILLAR INC	$26,176,521	–	106,387	–	1.91%	–
AMZN	New	AMAZON.COM INC	$25,221,424	–	193,495	–	1.84%	–
ACN	New	ACCENTURE PLC CL A	$24,639,392	–	79,818	–	1.79%	–
INTU	New	INTUIT INC	$24,355,222	–	53,212	–	1.77%	–
CVS	New	CVS HEALTH CORP	$23,321,815	–	337,206	–	1.70%	–
LIN	New	LINDE PLC	$22,628,531	–	59,380	–	1.65%	–
VZ	New	VERIZON COMMUNICATIONS	$20,281,205	–	545,208	–	1.48%	–
CSCO	New	CISCO SYSTEMS INC	$18,964,521	–	366,535	–	1.38%	–
QCOM	New	QUALCOMM INC	$17,742,803	–	148,969	–	1.29%	–
EXPD	New	EXPEDITORS INTL WASH INC	$16,680,085	–	137,704	–	1.22%	–
SYK	New	STRYKER CORPORATION	$16,117,099	–	53,101	–	1.17%	–
IQV	New	IQVIA HOLDINGS INC	$16,088,831	–	71,639	–	1.17%	–
RTOKY	New	RENTOKIL INITIAL PLC SPONS ADRsponsored adr	$15,597,128	–	400,655	–	1.14%	–
MDT	New	MEDTRONIC PLC	$14,660,263	–	166,646	–	1.07%	–
SO	New	SOUTHERN COMPANY	$14,088,567	–	200,549	–	1.03%	–
ACL	New	ALCON INC	$14,052,545	–	171,476	–	1.02%	–
APD	New	AIR PRODUCTS & CHEMICALS INC	$10,905,056	–	36,468	–	0.79%	–
XOM	New	EXXON MOBIL CORP	$9,040,102	–	84,290	–	0.66%	–
T	New	AT&T INC	$7,526,416	–	471,874	–	0.55%	–
ECL	New	ECOLAB INC	$7,212,427	–	38,636	–	0.52%	–
MKC	New	MCCORMICK & CO INC	$6,321,883	–	72,397	–	0.46%	–
NVS	New	NOVARTIS AG SPONSORED ADRsponsored adr	$6,178,404	–	61,229	–	0.45%	–
WOPEY	New	WOODSIDE ENERGY GROUP LTD SPONS ADRsponsored adr	$5,778,438	–	249,178	–	0.42%	–
STT	New	STATE STREET CORP	$5,726,482	–	78,252	–	0.42%	–
EMR	New	EMERSON ELEC CO	$5,415,959	–	59,914	–	0.39%	–
GPN	New	GLOBAL PAYMENTS INC	$5,388,640	–	54,685	–	0.39%	–
RTX	New	RTX CORP	$5,208,435	–	53,169	–	0.38%	–
ABT	New	ABBOTT LABS	$4,279,471	–	39,254	–	0.31%	–
SHW	New	SHERWIN WILLIAMS CO	$3,733,742	–	14,077	–	0.27%	–
ABBV	New	ABBVIE INC	$3,715,417	–	27,575	–	0.27%	–
INTC	New	INTEL CORP	$3,556,656	–	106,358	–	0.26%	–
JPM	New	JP MORGAN CHASE & CO	$3,460,454	–	23,793	–	0.25%	–
BHP	New	BHP GROUP LTD SPONS ADRads	$3,307,418	–	55,369	–	0.24%	–
MMM	New	3M CO	$2,794,713	–	27,922	–	0.20%	–
	New	GENERAL ELECTRIC CO	$2,614,650	–	23,802	–	0.19%	–
COST	New	COSTCO WHOLESALE CORP NEW	$2,421,095	–	4,497	–	0.18%	–
ADBE	New	ADOBE INC	$2,378,936	–	4,865	–	0.17%	–
PFE	New	PFIZER INC	$2,145,487	–	58,492	–	0.16%	–
DHR	New	DANAHER CORP	$1,946,880	–	8,112	–	0.14%	–
PHR	New	PHREESIA INC	$1,897,812	–	61,200	–	0.14%	–
SYY	New	SYSCO CORP	$1,882,825	–	25,375	–	0.14%	–
HD	New	HOME DEPOT INC	$1,681,184	–	5,412	–	0.12%	–
NVDA	New	NVIDIA CORP	$1,643,010	–	3,884	–	0.12%	–
V	New	VISA INC CL A	$1,589,454	–	6,693	–	0.12%	–
SPGI	New	S&P GLOBAL INC	$1,483,293	–	3,700	–	0.11%	–
GOOGL	New	ALPHABET INC CL Acapstk cl a	$1,377,747	–	11,510	–	0.10%	–
EL	New	LAUDER ESTEE COMPANIES INC CL Acl a	$1,189,220	–	6,052	–	0.09%	–
IBM	New	INTL. BUSINESS MACHINES CORP	$1,188,634	–	8,883	–	0.09%	–
UNP	New	UNION PAC CORP	$1,094,717	–	5,350	–	0.08%	–
	New	ASPEN TECHNOLOGY INC	$1,099,689	–	6,561	–	0.08%	–
UL	New	UNILEVER PLC SPONS ADRspons adr new	$1,028,819	–	19,727	–	0.08%	–
AMGN	New	AMGEN INC	$1,007,305	–	4,537	–	0.07%	–
CL	New	COLGATE PALMOLIVE CO	$996,142	–	12,930	–	0.07%	–
SBUX	New	STARBUCKS CORP	$975,246	–	9,845	–	0.07%	–
ITW	New	ILLINOIS TOOL WKS INC	$950,608	–	3,800	–	0.07%	–
	New	WARNER BROS DISCOVERY INC CL A	$939,718	–	74,878	–	0.07%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$916,312	–	4,893	–	0.07%	–
CB	New	CHUBB LTD	$893,864	–	4,642	–	0.06%	–
CRM	New	SALESFORCE INCcon	$840,815	–	3,980	–	0.06%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$716,239	–	11,200	–	0.05%	–
DIS	New	DISNEY WALT CO NEW	$703,729	–	7,882	–	0.05%	–
CVX	New	CHEVRON CORPORATION	$678,651	–	4,313	–	0.05%	–
	New	GE HEALTHCARE TECHNOLOGIES INC	$643,177	–	7,917	–	0.05%	–
SHOP	New	SHOPIFY INCcl a	$646,000	–	10,000	–	0.05%	–
NKE	New	NIKE INC-CLASS Bcl b	$631,979	–	5,726	–	0.05%	–
QSR	New	RESTAURANT BRANDS INTERNATIONAL INCcon	$628,278	–	8,108	–	0.05%	–
GIS	New	GENERAL MLS INC	$604,012	–	7,875	–	0.04%	–
MCD	New	MCDONALDS CORP	$491,481	–	1,647	–	0.04%	–
EW	New	EDWARDS LIFESCIENCES CORP	$476,366	–	5,050	–	0.04%	–
MKTX	New	MARKETAXESS HOLDINGS INC	$418,272	–	1,600	–	0.03%	–
WFC	New	WELLS FARGO & CO	$358,512	–	8,400	–	0.03%	–
DE	New	DEERE & CO	$344,412	–	850	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$341,097	–	4,597	–	0.02%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$325,572	–	624	–	0.02%	–
AVGO	New	BROADCOM INC	$320,949	–	370	–	0.02%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$301,713	–	630	–	0.02%	–
SLB	New	SCHLUMBERGER LTD	$307,688	–	6,264	–	0.02%	–
JKHY	New	JACK HENRY & ASSOC INC	$305,545	–	1,826	–	0.02%	–
AMT	New	AMERICAN TOWER CORP REIT	$286,061	–	1,475	–	0.02%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$282,726	–	6,950	–	0.02%	–
IVV	New	ISHARES CORE S&P 500 ETFcore s&p500 etf	$279,014	–	626	–	0.02%	–
CTVA	New	CORTEVA INC	$241,004	–	4,206	–	0.02%	–
MDB	New	MONGODB INC CL Acl a	$246,594	–	600	–	0.02%	–
CTAS	New	CINTAS CORP	$248,540	–	500	–	0.02%	–
HSY	New	HERSHEY COMPANY	$228,475	–	915	–	0.02%	–
MMC	New	MARSH & MCLENNAN COMPANIES INC	$240,178	–	1,277	–	0.02%	–
ALB	New	ALBEMARLE CORP	$223,090	–	1,000	–	0.02%	–
ETN	New	EATON CORP PLC	$226,237	–	1,125	–	0.02%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$221,640	–	500	–	0.02%	–
AWK	New	AMERICAN WATER WORKS CO INC	$214,125	–	1,500	–	0.02%	–
EFA	New	ISHARES MSCI EAFE ETFmsci eafe etf	$221,125	–	3,050	–	0.02%	–
VIG	New	VANGUARD SPECIALIZED FUNDSdiv app etf	$211,159	–	1,300	–	0.02%	–

Q4 2022

			Value		Shares		↓ Weighting
HSY	Exit	HERSHEY COMPANY	$0	–	-915	–	-0.02%	–
BAX	Exit	BAXTER INTL INC	$0	–	-3,750	–	-0.02%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-2,675	–	-0.02%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-6,264	–	-0.02%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$0	–	-650	–	-0.02%	–
DE	Exit	DEERE & CO	$0	–	-825	–	-0.02%	–
MCD	Exit	MCDONALDS CORP	$0	–	-1,284	–	-0.03%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-8,400	–	-0.03%	–
JKHY	Exit	JACK HENRY & ASSOC INC	$0	–	-1,826	–	-0.03%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-4,403	–	-0.03%	–
ADBE	Exit	ADOBE INC	$0	–	-1,250	–	-0.03%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-2,200	–	-0.04%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-5,050	–	-0.04%	–
INDB	Exit	INDEPENDENT BK CORP MA	$0	–	-5,750	–	-0.04%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-15,050	–	-0.05%	–
	Exit	ASPEN TECHNOLOGY INC	$0	–	-2,315	–	-0.05%	–
CVX	Exit	CHEVRON CORPORATION	$0	–	-4,034	–	-0.05%	–
CB	Exit	CHUBB LTD	$0	–	-3,140	–	-0.05%	–
GOOGL	Exit	ALPHABET INC CL Acapstk cl a	$0	–	-6,460	–	-0.06%	–
V	Exit	VISA INC CL A	$0	–	-3,718	–	-0.06%	–
GIS	Exit	GENERAL MLS INC	$0	–	-9,675	–	-0.07%	–
EFA	Exit	ISHARES MSCI EAFE ETFmsci eafe etf	$0	–	-13,815	–	-0.07%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-11,375	–	-0.07%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$0	–	-5,460	–	-0.08%	–
AMGN	Exit	AMGEN INC	$0	–	-3,975	–	-0.08%	–
IBM	Exit	INTL. BUSINESS MACHINES CORP	$0	–	-8,258	–	-0.09%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-13,930	–	-0.09%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,979	–	-0.10%	–
DHR	Exit	DANAHER CORP	$0	–	-4,748	–	-0.11%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,050	–	-0.11%	–
COST	Exit	COSTCO WHOLESALE CORP NEW	$0	–	-2,973	–	-0.12%	–
EL	Exit	LAUDER ESTEE COMPANIES INC CL Acl a	$0	–	-6,512	–	-0.12%	–
	Exit	GENERAL ELECTRIC CO	$0	–	-23,723	–	-0.13%	–
PHR	Exit	PHREESIA INC	$0	–	-61,475	–	-0.14%	–
	Exit	WARNER BROS DISCOVERY INC CL A	$0	–	-145,806	–	-0.15%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-21,962	–	-0.16%	–
SYY	Exit	SYSCO CORP	$0	–	-28,675	–	-0.18%	–
PFE	Exit	PFIZER INC	$0	–	-55,182	–	-0.22%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-23,605	–	-0.22%	–
BHP	Exit	BHP GROUP LTD SPONS ADRads	$0	–	-52,604	–	-0.23%	–
DIS	Exit	DISNEY WALT CO NEW	$0	–	-27,968	–	-0.23%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-14,644	–	-0.27%	–
MMM	Exit	3M CO	$0	–	-29,730	–	-0.29%	–
WOPEY	Exit	WOODSIDE ENERGY GROUP LTD SPONS ADRsponsored adr	$0	–	-167,451	–	-0.30%	–
ABT	Exit	ABBOTT LABS	$0	–	-36,397	–	-0.31%	–
ABBV	Exit	ABBVIE INC	$0	–	-27,420	–	-0.33%	–
UL	Exit	UNILEVER PLC SPONS ADRspons adr new	$0	–	-93,520	–	-0.36%	–
INTC	Exit	INTEL CORP	$0	–	-162,506	–	-0.37%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-68,747	–	-0.44%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-61,965	–	-0.45%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-73,067	–	-0.48%	–
GPN	Exit	GLOBAL PAYMENTS INC	$0	–	-53,334	–	-0.51%	–
ALC	Exit	ALCON INC	$0	–	-102,663	–	-0.53%	–
ECL	Exit	ECOLAB INC	$0	–	-42,651	–	-0.55%	–
TMX	Exit	TERMINIX GLOBAL HOLDINGS INC	$0	–	-164,373	–	-0.56%	–
IQV	Exit	IQVIA HOLDINGS INC	$0	–	-38,859	–	-0.62%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-81,244	–	-0.63%	–
STT	Exit	STATE STREET CORP	$0	–	-127,359	–	-0.69%	–
APD	Exit	AIR PRODUCTS & CHEMICALS INC	$0	–	-35,046	–	-0.72%	–
T	Exit	AT&T INC	$0	–	-624,330	–	-0.85%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-134,462	–	-0.96%	–
SYK	Exit	STRYKER CORPORATION	$0	–	-54,365	–	-0.98%	–
NVS	Exit	NOVARTIS AG SPONSORED ADRsponsored adr	$0	–	-167,476	–	-1.13%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-205,576	–	-1.24%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-172,497	–	-1.35%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-384,924	–	-1.37%	–
QCOM	Exit	QUALCOMM INC	$0	–	-137,836	–	-1.38%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-420,784	–	-1.42%	–
LIN	Exit	LINDE PLC	$0	–	-60,875	–	-1.46%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-148,950	–	-1.50%	–
INTU	Exit	INTUIT INC	$0	–	-44,610	–	-1.54%	–
CAT	Exit	CATERPILLAR INC	$0	–	-110,186	–	-1.61%	–
ACN	Exit	ACCENTURE PLC CL A	$0	–	-75,786	–	-1.73%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC-CL Bclb new	$0	–	-84,380	–	-2.00%	–
TJX	Exit	TJX COS INC	$0	–	-416,396	–	-2.30%	–
NVO	Exit	NOVO NORDISK AS SPONS ADRadr	$0	–	-262,227	–	-2.32%	–
FAST	Exit	FASTENAL CO	$0	–	-614,656	–	-2.52%	–
KO	Exit	COCA COLA CO	$0	–	-549,943	–	-2.74%	–
KMI	Exit	KINDER MORGAN INC	$0	–	-1,858,826	–	-2.75%	–
FISV	Exit	FISERV INC	$0	–	-336,637	–	-2.80%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-342,563	–	-2.90%	–
MA	Exit	MASTERCARD INC CL Acl a	$0	–	-153,822	–	-3.89%	–
GOOG	Exit	ALPHABET INC CL Ccapstk cl c	$0	–	-484,986	–	-4.14%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-209,678	–	-4.34%	–
MRK	Exit	MERCK & CO INC	$0	–	-568,719	–	-4.35%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-428,806	–	-4.81%	–
PEP	Exit	PEPSICO INC	$0	–	-373,033	–	-5.41%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-345,134	–	-6.94%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-529,933	–	-7.69%	–
AAPL	Exit	APPLE INC	$0	–	-627,092	–	-7.70%	–

Q3 2022

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$86,664,000	-0.0%	627,092	-0.9%	7.70%	+8.6%
JNJ	Sell	JOHNSON & JOHNSON	$86,570,000	-11.4%	529,933	-3.6%	7.69%	-3.7%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$78,066,000	+2.4%	345,134	-4.9%	6.94%	+11.2%
PEP	Sell	PEPSICO INC	$60,901,000	-7.2%	373,033	-5.1%	5.41%	+0.8%
PG	Sell	PROCTER & GAMBLE CO	$54,136,000	-14.4%	428,806	-2.4%	4.81%	-7.0%
MRK	Sell	MERCK & CO INC	$48,978,000	-6.7%	568,719	-1.2%	4.35%	+1.3%
MSFT	Sell	MICROSOFT CORP	$48,834,000	-11.7%	209,678	-2.5%	4.34%	-4.1%
GOOG	Buy	ALPHABET INC CL Ccapstk cl c	$46,631,000	-13.6%	484,986	+1865.1%	4.14%	-6.1%
MA	Sell	MASTERCARD INC CL Acl a	$43,737,000	-10.4%	153,822	-0.5%	3.89%	-2.7%
CVS	Buy	CVS HEALTH CORP	$32,670,000	+2.9%	342,563	+0.1%	2.90%	+11.8%
FISV	Sell	FISERV INC	$31,499,000	+3.7%	336,637	-0.7%	2.80%	+12.6%
KMI	Sell	KINDER MORGAN INC	$30,931,000	-2.0%	1,858,826	-1.2%	2.75%	+6.5%
KO	Sell	COCA COLA CO	$30,808,000	-18.3%	549,943	-8.2%	2.74%	-11.2%
FAST	Sell	FASTENAL CO	$28,299,000	-7.9%	614,656	-0.1%	2.52%	+0.1%
NVO	Sell	NOVO NORDISK AS SPONS ADRadr	$26,125,000	-10.9%	262,227	-0.4%	2.32%	-3.3%
TJX	Sell	TJX COS INC	$25,866,000	+11.0%	416,396	-0.2%	2.30%	+20.6%
BRKB	Sell	BERKSHIRE HATHAWAY INC-CL Bclb new	$22,531,000	-10.0%	84,380	-7.9%	2.00%	-2.2%
ACN	Sell	ACCENTURE PLC CL A	$19,500,000	-8.5%	75,786	-1.2%	1.73%	-0.6%
CAT	Sell	CATERPILLAR INC	$18,080,000	-8.3%	110,186	-0.1%	1.61%	-0.3%
INTU	Buy	INTUIT INC	$17,279,000	+2.2%	44,610	+1.7%	1.54%	+11.0%
AMZN	Buy	AMAZON.COM INC	$16,831,000	+9.3%	148,950	+3.0%	1.50%	+18.8%
LIN	Sell	LINDE PLC	$16,411,000	-14.4%	60,875	-8.7%	1.46%	-7.1%
VZ	Buy	VERIZON COMMUNICATIONS	$15,977,000	-24.9%	420,784	+0.5%	1.42%	-18.4%
QCOM	Buy	QUALCOMM INC	$15,573,000	+9.6%	137,836	+23.9%	1.38%	+19.0%
CSCO	Sell	CISCO SYSTEMS INC	$15,397,000	-6.5%	384,924	-0.4%	1.37%	+1.6%
EXPD	Sell	EXPEDITORS INTL WASH INC	$15,233,000	-9.5%	172,497	-0.1%	1.35%	-1.7%
SO	Buy	SOUTHERN COMPANY	$13,979,000	-4.4%	205,576	+0.2%	1.24%	+3.8%
NVS	Sell	NOVARTIS AG SPONSORED ADRsponsored adr	$12,730,000	-42.5%	167,476	-36.1%	1.13%	-37.6%
SYK	Sell	STRYKER CORPORATION	$11,011,000	-4.0%	54,365	-5.0%	0.98%	+4.3%
MDT	Buy	MEDTRONIC PLC	$10,857,000	-10.2%	134,462	+0.1%	0.96%	-2.4%
T	Buy	AT&T INC	$9,577,000	-26.5%	624,330	+0.6%	0.85%	-20.2%
APD	Sell	AIR PRODUCTS & CHEMICALS INC	$8,157,000	-9.5%	35,046	-6.3%	0.72%	-1.6%
STT	Sell	STATE STREET CORP	$7,744,000	-6.7%	127,359	-5.4%	0.69%	+1.3%
XOM	Sell	EXXON MOBIL CORP	$7,094,000	-1.0%	81,244	-3.0%	0.63%	+7.5%
IQV	Buy	IQVIA HOLDINGS INC	$7,039,000	+21.3%	38,859	+45.3%	0.62%	+31.6%
TMX	Buy	TERMINIX GLOBAL HOLDINGS INC	$6,294,000	+15.4%	164,373	+22.7%	0.56%	+25.3%
ECL	Sell	ECOLAB INC	$6,160,000	-8.1%	42,651	-1.8%	0.55%	-0.2%
ALC	Buy	ALCON INC	$5,973,000	-2.5%	102,663	+17.5%	0.53%	+6.0%
GPN	Buy	GLOBAL PAYMENTS INC	$5,763,000	+40.9%	53,334	+44.3%	0.51%	+52.8%
EMR	Sell	EMERSON ELEC CO	$5,350,000	-12.4%	73,067	-4.8%	0.48%	-4.8%
RTX	Sell	RAYTHEON TECHNOLOGIES CORP	$5,072,000	-16.7%	61,965	-2.1%	0.45%	-9.4%
MKC	Sell	MCCORMICK & CO INC	$4,900,000	-14.4%	68,747	-0.0%	0.44%	-7.1%
INTC	Sell	INTEL CORP	$4,187,000	-59.4%	162,506	-41.4%	0.37%	-55.9%
UL	Sell	UNILEVER PLC SPONS ADRspons adr new	$4,100,000	-14.7%	93,520	-10.5%	0.36%	-7.4%
ABBV	Buy	ABBVIE INC	$3,681,000	-9.6%	27,420	+3.1%	0.33%	-1.8%
ABT	Sell	ABBOTT LABS	$3,521,000	-23.1%	36,397	-13.7%	0.31%	-16.5%
WOPEY	New	WOODSIDE ENERGY GROUP LTD SPONS ADRsponsored adr	$3,376,000	–	167,451	–	0.30%	–
MMM	Sell	3M CO	$3,285,000	-14.7%	29,730	-0.1%	0.29%	-7.3%
SHW	Buy	SHERWIN WILLIAMS CO	$2,998,000	-9.6%	14,644	+0.1%	0.27%	-1.8%
DIS	Sell	DISNEY WALT CO NEW	$2,638,000	-3.3%	27,968	-2.8%	0.23%	+4.9%
BHP	Buy	BHP GROUP LTD SPONS ADRads	$2,632,000	-7.5%	52,604	+3.6%	0.23%	+0.4%
JPM	Buy	JP MORGAN CHASE & CO	$2,467,000	-5.3%	23,605	+2.0%	0.22%	+2.8%
PFE	Buy	PFIZER INC	$2,415,000	-14.9%	55,182	+2.0%	0.22%	-7.3%
SBUX	Sell	STARBUCKS CORP	$1,850,000	-56.6%	21,962	-60.6%	0.16%	-53.0%
	New	WARNER BROS DISCOVERY INC CL A	$1,677,000	–	145,806	–	0.15%	–
PHR	Sell	PHREESIA INC	$1,567,000	+1.9%	61,475	-0.0%	0.14%	+10.3%
	Sell	GENERAL ELECTRIC CO	$1,468,000	-3.3%	23,723	-0.5%	0.13%	+4.8%
COST	Sell	COSTCO WHOLESALE CORP NEW	$1,404,000	-39.3%	2,973	-38.4%	0.12%	-33.9%
DHR	Sell	DANAHER CORP	$1,226,000	-36.0%	4,748	-37.2%	0.11%	-30.6%
HD	Buy	HOME DEPOT INC	$1,098,000	+1.2%	3,979	+0.6%	0.10%	+10.1%
CL	Sell	COLGATE PALMOLIVE CO	$979,000	-19.8%	13,930	-8.5%	0.09%	-13.0%
AMGN	Sell	AMGEN INC	$896,000	-9.6%	3,975	-2.5%	0.08%	-1.2%
IWM	Buy	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$900,000	-1.9%	5,460	+0.9%	0.08%	+6.7%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$808,000	-5.5%	11,375	+2.5%	0.07%	+2.9%
EFA	Sell	ISHARES MSCI EAFE ETFmsci eafe etf	$773,000	-13.5%	13,815	-3.5%	0.07%	-5.5%
V	Sell	VISA INC CL A	$660,000	-55.6%	3,718	-50.8%	0.06%	-51.6%
GOOGL	Buy	ALPHABET INC CL Acapstk cl a	$618,000	-12.2%	6,460	+1900.0%	0.06%	-5.2%
CB	Sell	CHUBB LTD	$572,000	-8.0%	3,140	-0.8%	0.05%	0.0%
CVX	Buy	CHEVRON CORPORATION	$579,000	+5.9%	4,034	+6.9%	0.05%	+13.3%
	New	ASPEN TECHNOLOGY INC	$551,000	–	2,315	–	0.05%	–
VWO	Sell	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$550,000	-24.6%	15,050	-14.0%	0.05%	-18.3%
INDB	Buy	INDEPENDENT BK CORP MA	$429,000	+96.8%	5,750	+109.1%	0.04%	+111.1%
ITW	Sell	ILLINOIS TOOL WKS INC	$397,000	-52.6%	2,200	-52.2%	0.04%	-49.3%
NEE	Buy	NEXTERA ENERGY INC	$345,000	+60.5%	4,403	+58.8%	0.03%	+72.2%
ADBE	Sell	ADOBE INC	$344,000	-71.9%	1,250	-62.7%	0.03%	-69.0%
MCD	Sell	MCDONALDS CORP	$296,000	-66.3%	1,284	-63.9%	0.03%	-63.9%
SLB	Buy	SCHLUMBERGER LTD	$224,000	+2.3%	6,264	+2.5%	0.02%	+11.1%
HSY	New	HERSHEY COMPANY	$202,000	–	915	–	0.02%	–
IEMG	Exit	ISHARES CORE MSCI EMERGINGcore msci emkt	$0	–	-4,250	–	-0.02%	–
UNP	Exit	UNION PAC CORP	$0	–	-2,580	–	-0.04%	–

Q2 2022

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$97,673,000	–	549,813	–	7.99%	–
AAPL	New	APPLE INC	$86,689,000	–	633,054	–	7.09%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$76,270,000	–	362,744	–	6.24%	–
PEP	New	PEPSICO INC	$65,612,000	–	393,157	–	5.37%	–
PG	New	PROCTER & GAMBLE CO	$63,240,000	–	439,131	–	5.17%	–
MSFT	New	MICROSOFT CORP	$55,331,000	–	215,058	–	4.53%	–
GOOG	New	ALPHABET INC CL Ccapstk cl c	$53,968,000	–	24,680	–	4.41%	–
MRK	New	MERCK & CO INC	$52,515,000	–	575,407	–	4.30%	–
MA	New	MASTERCARD INC CL Acl a	$48,814,000	–	154,537	–	3.99%	–
KO	New	COCA COLA CO	$37,696,000	–	599,052	–	3.08%	–
CVS	New	CVS HEALTH CORP	$31,745,000	–	342,308	–	2.60%	–
KMI	New	KINDER MORGAN INC	$31,557,000	–	1,881,652	–	2.58%	–
FAST	New	FASTENAL CO	$30,717,000	–	615,556	–	2.51%	–
FISV	New	FISERV INC	$30,374,000	–	338,892	–	2.48%	–
NVO	New	NOVO NORDISK AS SPONS ADRadr	$29,334,000	–	263,212	–	2.40%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL Bclb new	$25,023,000	–	91,651	–	2.05%	–
TJX	New	TJX COS INC	$23,300,000	–	417,076	–	1.91%	–
NVS	New	NOVARTIS AG SPONSORED ADRsponsored adr	$22,157,000	–	262,171	–	1.81%	–
ACN	New	ACCENTURE PLC CL A	$21,310,000	–	76,706	–	1.74%	–
VZ	New	VERIZON COMMUNICATIONS	$21,270,000	–	418,577	–	1.74%	–
CAT	New	CATERPILLAR INC	$19,707,000	–	110,246	–	1.61%	–
LIN	New	LINDE PLC	$19,181,000	–	66,710	–	1.57%	–
INTU	New	INTUIT INC	$16,910,000	–	43,849	–	1.38%	–
EXPD	New	EXPEDITORS INTL WASH INC	$16,831,000	–	172,692	–	1.38%	–
CSCO	New	CISCO SYSTEMS INC	$16,473,000	–	386,324	–	1.35%	–
AMZN	New	AMAZON.COM INC	$15,394,000	–	144,550	–	1.26%	–
SO	New	SOUTHERN COMPANY	$14,626,000	–	205,111	–	1.20%	–
QCOM	New	QUALCOMM INC	$14,213,000	–	111,277	–	1.16%	–
T	New	AT&T INC	$13,037,000	–	620,902	–	1.07%	–
MDT	New	MEDTRONIC PLC	$12,096,000	–	134,332	–	0.99%	–
SYK	New	STRYKER CORPORATION	$11,468,000	–	57,254	–	0.94%	–
INTC	New	INTEL CORP	$10,320,000	–	277,488	–	0.84%	–
APD	New	AIR PRODUCTS & CHEMICALS INC	$9,015,000	–	37,401	–	0.74%	–
STT	New	STATE STREET CORP	$8,300,000	–	134,646	–	0.68%	–
XOM	New	EXXON MOBIL CORP	$7,169,000	–	83,719	–	0.59%	–
ECL	New	ECOLAB INC	$6,702,000	–	43,426	–	0.55%	–
ALC	New	ALCON INC	$6,124,000	–	87,375	–	0.50%	–
EMR	New	EMERSON ELEC CO	$6,104,000	–	76,725	–	0.50%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$6,086,000	–	63,316	–	0.50%	–
IQV	New	IQVIA HOLDINGS INC	$5,801,000	–	26,737	–	0.48%	–
MKC	New	MCCORMICK & CO INC	$5,721,000	–	68,767	–	0.47%	–
TMX	New	TERMINIX GLOBAL HOLDINGS INC	$5,456,000	–	134,005	–	0.45%	–
UL	New	UNILEVER PLC SPONS ADRspons adr new	$4,804,000	–	104,529	–	0.39%	–
ABT	New	ABBOTT LABS	$4,581,000	–	42,157	–	0.38%	–
SBUX	New	STARBUCKS CORP	$4,261,000	–	55,782	–	0.35%	–
GPN	New	GLOBAL PAYMENTS INC	$4,090,000	–	36,971	–	0.34%	–
ABBV	New	ABBVIE INC	$4,074,000	–	26,595	–	0.33%	–
MMM	New	3M CO	$3,851,000	–	29,755	–	0.32%	–
SHW	New	SHERWIN WILLIAMS CO	$3,315,000	–	14,629	–	0.27%	–
BHP	New	BHP GROUP LTD SPONS ADRads	$2,845,000	–	50,784	–	0.23%	–
PFE	New	PFIZER INC	$2,837,000	–	54,107	–	0.23%	–
DIS	New	DISNEY WALT CO NEW	$2,729,000	–	28,785	–	0.22%	–
JPM	New	JP MORGAN CHASE & CO	$2,606,000	–	23,143	–	0.21%	–
SYY	New	SYSCO CORP	$2,429,000	–	28,675	–	0.20%	–
COST	New	COSTCO WHOLESALE CORP NEW	$2,314,000	–	4,827	–	0.19%	–
DHR	New	DANAHER CORP	$1,916,000	–	7,558	–	0.16%	–
EL	New	LAUDER ESTEE COMPANIES INC CL Acl a	$1,660,000	–	6,512	–	0.14%	–
PHR	New	PHREESIA INC	$1,538,000	–	61,495	–	0.13%	–
	New	GENERAL ELECTRIC CO	$1,518,000	–	23,832	–	0.12%	–
V	New	VISA INC CL A	$1,488,000	–	7,558	–	0.12%	–
SPGI	New	S&P GLOBAL INC	$1,365,000	–	4,050	–	0.11%	–
ADBE	New	ADOBE INC	$1,226,000	–	3,350	–	0.10%	–
CL	New	COLGATE PALMOLIVE CO	$1,221,000	–	15,230	–	0.10%	–
IBM	New	INTL. BUSINESS MACHINES CORP	$1,166,000	–	8,258	–	0.10%	–
HD	New	HOME DEPOT INC	$1,085,000	–	3,954	–	0.09%	–
AMGN	New	AMGEN INC	$991,000	–	4,075	–	0.08%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$917,000	–	5,410	–	0.08%	–
EFA	New	ISHARES MSCI EAFE ETFmsci eafe etf	$894,000	–	14,315	–	0.07%	–
MCD	New	MCDONALDS CORP	$879,000	–	3,561	–	0.07%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$855,000	–	11,100	–	0.07%	–
ITW	New	ILLINOIS TOOL WKS INC	$838,000	–	4,600	–	0.07%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$729,000	–	17,500	–	0.06%	–
GIS	New	GENERAL MLS INC	$730,000	–	9,675	–	0.06%	–
GOOGL	New	ALPHABET INC CL Acapstk cl a	$704,000	–	323	–	0.06%	–
CB	New	CHUBB LTD	$622,000	–	3,165	–	0.05%	–
UNP	New	UNION PAC CORP	$550,000	–	2,580	–	0.04%	–
CVX	New	CHEVRON CORPORATION	$547,000	–	3,775	–	0.04%	–
EW	New	EDWARDS LIFESCIENCES CORP	$480,000	–	5,050	–	0.04%	–
WFC	New	WELLS FARGO & CO	$329,000	–	8,400	–	0.03%	–
JKHY	New	JACK HENRY & ASSOC INC	$329,000	–	1,826	–	0.03%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$269,000	–	650	–	0.02%	–
NTRS	New	NORTHERN TR CORP	$258,000	–	2,675	–	0.02%	–
BAX	New	BAXTER INTL INC	$241,000	–	3,750	–	0.02%	–
DE	New	DEERE & CO	$247,000	–	825	–	0.02%	–
SLB	New	SCHLUMBERGER LTD	$219,000	–	6,114	–	0.02%	–
INDB	New	INDEPENDENT BK CORP MA	$218,000	–	2,750	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$215,000	–	2,773	–	0.02%	–
IEMG	New	ISHARES CORE MSCI EMERGINGcore msci emkt	$208,000	–	4,250	–	0.02%	–

Q4 2021

			Value		Shares		↓ Weighting
VIG	Exit	VANGUARD DIVIDEND APPREC ETFdiv app etf	$0	–	-1,300	–	-0.02%	–
CTVA	Exit	CORTEVA INC	$0	–	-4,606	–	-0.02%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-6,614	–	-0.02%	–
NOW	Exit	SERVICENOW INC	$0	–	-330	–	-0.02%	–
UPS	Exit	UNITED PARCEL SERVICE CL Bcl b	$0	–	-1,250	–	-0.02%	–
IVV	Exit	ISHARES CORE S&P 500 ETFcore s&p500 etf	$0	–	-535	–	-0.02%	–
NKE	Exit	NIKE INC-CLASS Bcl b	$0	–	-1,826	–	-0.02%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-3,373	–	-0.02%	–
AMT	Exit	AMERICAN TOWER CORP REIT	$0	–	-1,000	–	-0.02%	–
EEM	Exit	ISHARES MSCI EMERGING MKT ETFmsci emg mkt etf	$0	–	-5,520	–	-0.02%	–
DE	Exit	DEERE & CO	$0	–	-825	–	-0.02%	–
OTIS	Exit	OTIS WORLDWIDE CORP	$0	–	-3,467	–	-0.02%	–
BAX	Exit	BAXTER INTL INC	$0	–	-3,750	–	-0.02%	–
IEMG	Exit	ISHARES CORE MSCI EMERGINGcore msci emkt	$0	–	-5,040	–	-0.02%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$0	–	-650	–	-0.02%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-2,945	–	-0.02%	–
INDB	Exit	INDEPENDENT BK CORP MA	$0	–	-4,450	–	-0.03%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-1,948	–	-0.03%	–
BBL	Exit	BHP GROUP PLC SPONS ADRsponsored adr	$0	–	-7,490	–	-0.03%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-8,400	–	-0.03%	–
CVX	Exit	CHEVRON CORPORATION	$0	–	-3,775	–	-0.03%	–
LOW	Exit	LOWES COS INC	$0	–	-2,000	–	-0.03%	–
JKHY	Exit	JACK HENRY & ASSOC INC	$0	–	-2,559	–	-0.03%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-1,570	–	-0.03%	–
CARR	Exit	CARRIER GLOBAL CORP	$0	–	-8,510	–	-0.03%	–
CB	Exit	CHUBB LTD	$0	–	-3,165	–	-0.04%	–
GIS	Exit	GENERAL MLS INC	$0	–	-9,845	–	-0.04%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-5,850	–	-0.05%	–
UNP	Exit	UNION PAC CORP	$0	–	-3,280	–	-0.05%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-11,100	–	-0.05%	–
GOOGL	Exit	ALPHABET INC CL Acapstk cl a	$0	–	-270	–	-0.06%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-3,055	–	-0.06%	–
MCD	Exit	MCDONALDS CORP	$0	–	-3,661	–	-0.07%	–
AMGN	Exit	AMGEN INC	$0	–	-4,400	–	-0.07%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$0	–	-18,750	–	-0.07%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-4,950	–	-0.08%	–
OGN	Exit	ORGANON & CO	$0	–	-31,542	–	-0.08%	–
EFA	Exit	ISHARES MSCI EAFE ETFmsci eafe etf	$0	–	-15,715	–	-0.09%	–
IBM	Exit	INTL. BUSINESS MACHINES CORP	$0	–	-8,558	–	-0.09%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,924	–	-0.10%	–
ADBE	Exit	ADOBE INC	$0	–	-2,750	–	-0.12%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$0	–	-7,355	–	-0.12%	–
V	Exit	VISA INC CL A	$0	–	-7,208	–	-0.12%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,000	–	-0.13%	–
COST	Exit	COSTCO WHOLESALE CORP NEW	$0	–	-4,402	–	-0.15%	–
EL	Exit	LAUDER ESTEE COMPANIES INC CL Acl a	$0	–	-6,512	–	-0.15%	–
DHR	Exit	DANAHER CORP	$0	–	-7,058	–	-0.16%	–
PHR	Exit	PHREESIA INC	$0	–	-38,735	–	-0.18%	–
BHP	Exit	BHP GROUP LTD SPONS ADRads	$0	–	-46,079	–	-0.19%	–
	Exit	GENERAL ELECTRIC CO	$0	–	-23,899	–	-0.19%	–
PFE	Exit	PFIZER INC	$0	–	-58,857	–	-0.19%	–
SYY	Exit	SYSCO CORP	$0	–	-32,835	–	-0.20%	–
ABBV	Exit	ABBVIE INC	$0	–	-25,295	–	-0.21%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-43,085	–	-0.25%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-23,093	–	-0.29%	–
GPN	Exit	GLOBAL PAYMENTS INC	$0	–	-26,457	–	-0.32%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-14,824	–	-0.32%	–
ABT	Exit	ABBOTT LABS	$0	–	-41,564	–	-0.37%	–
DIS	Exit	DISNEY WALT CO NEW	$0	–	-29,450	–	-0.39%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-88,019	–	-0.41%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-66,608	–	-0.41%	–
IQV	Exit	IQVIA HOLDINGS INC	$0	–	-22,850	–	-0.42%	–
MMM	Exit	3M CO	$0	–	-31,505	–	-0.42%	–
ALC	Exit	ALCON INC	$0	–	-85,642	–	-0.52%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-79,836	–	-0.53%	–
APD	Exit	AIR PRODUCTS & CHEMICALS INC	$0	–	-28,737	–	-0.56%	–
UL	Exit	UNILEVER PLC SPONS ADRspons adr new	$0	–	-148,381	–	-0.61%	–
ECL	Exit	ECOLAB INC	$0	–	-44,976	–	-0.73%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-110,980	–	-0.80%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-209,176	–	-0.98%	–
QCOM	Exit	QUALCOMM INC	$0	–	-101,302	–	-0.99%	–
STT	Exit	STATE STREET CORP	$0	–	-158,789	–	-1.04%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-122,544	–	-1.04%	–
SYK	Exit	STRYKER CORPORATION	$0	–	-58,078	–	-1.17%	–
INTC	Exit	INTEL CORP	$0	–	-295,928	–	-1.20%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-130,242	–	-1.25%	–
T	Exit	AT&T INC	$0	–	-643,910	–	-1.32%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-350,243	–	-1.44%	–
LIN	Exit	LINDE PLC	$0	–	-66,390	–	-1.50%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-176,547	–	-1.55%	–
CAT	Exit	CATERPILLAR INC	$0	–	-112,268	–	-1.65%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-402,080	–	-1.68%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-7,000	–	-1.73%	–
INTU	Exit	INTUIT INC	$0	–	-44,979	–	-1.85%	–
NVS	Exit	NOVARTIS AG SPONSORED ADRsponsored adr	$0	–	-298,727	–	-1.85%	–
ACN	Exit	ACCENTURE PLC CL A	$0	–	-77,047	–	-1.89%	–
NVO	Exit	NOVO NORDISK AS SPONS ADRadr	$0	–	-263,897	–	-1.92%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC-CL Bclb new	$0	–	-95,026	–	-1.98%	–
TJX	Exit	TJX COS INC	$0	–	-417,446	–	-2.10%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-341,071	–	-2.17%	–
KMI	Exit	KINDER MORGAN INC	$0	–	-1,869,350	–	-2.39%	–
FAST	Exit	FASTENAL CO	$0	–	-622,096	–	-2.43%	–
KO	Exit	COCA COLA CO	$0	–	-622,906	–	-2.50%	–
FISV	Exit	FISERV INC	$0	–	-331,427	–	-2.74%	–
MRK	Exit	MERCK & CO INC	$0	–	-577,967	–	-3.56%	–
MA	Exit	MASTERCARD INC CL Acl a	$0	–	-154,298	–	-4.18%	–
PEP	Exit	PEPSICO INC	$0	–	-403,474	–	-4.60%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-219,592	–	-4.78%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-459,044	–	-4.84%	–
GOOG	Exit	ALPHABET INC CL Ccapstk cl c	$0	–	-24,868	–	-5.12%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-369,825	–	-5.65%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-557,630	–	-6.76%	–
AAPL	Exit	APPLE INC	$0	–	-660,404	–	-7.11%	–

Q3 2021

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$93,968,000	+1.9%	660,404	-1.9%	7.11%	+2.3%
JNJ	Sell	JOHNSON & JOHNSON	$89,435,000	-3.6%	557,630	-0.9%	6.76%	-3.2%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$74,651,000	-0.1%	369,825	-1.7%	5.65%	+0.4%
GOOG	Sell	ALPHABET INC CL Ccapstk cl c	$67,698,000	+8.2%	24,868	-0.4%	5.12%	+8.7%
PG	Sell	PROCTER & GAMBLE CO	$64,038,000	+2.6%	459,044	-0.8%	4.84%	+3.0%
MSFT	Sell	MICROSOFT CORP	$63,260,000	+3.7%	219,592	-2.5%	4.78%	+4.2%
PEP	Sell	PEPSICO INC	$60,879,000	+1.1%	403,474	-0.7%	4.60%	+1.6%
MA	Buy	MASTERCARD INC CL Acl a	$55,216,000	-1.8%	154,298	+0.2%	4.18%	-1.4%
MRK	Sell	MERCK & CO INC	$47,123,000	+4.2%	577,967	-0.6%	3.56%	+4.6%
FISV	Buy	FISERV INC	$36,290,000	+2.8%	331,427	+0.4%	2.74%	+3.3%
KO	Sell	COCA COLA CO	$33,026,000	-4.0%	622,906	-2.0%	2.50%	-3.6%
FAST	Sell	FASTENAL CO	$32,125,000	-1.9%	622,096	-1.2%	2.43%	-1.4%
KMI	Sell	KINDER MORGAN INC	$31,614,000	-7.8%	1,869,350	-0.6%	2.39%	-7.4%
CVS	Sell	CVS HEALTH CORP	$28,668,000	+0.6%	341,071	-0.1%	2.17%	+1.1%
TJX	Sell	TJX COS INC	$27,779,000	-1.7%	417,446	-0.4%	2.10%	-1.3%
BRKB	Sell	BERKSHIRE HATHAWAY INC-CL Bclb new	$26,199,000	-4.0%	95,026	-3.2%	1.98%	-3.6%
NVO	Sell	NOVO NORDISK AS SPONS ADRadr	$25,325,000	+14.5%	263,897	-0.0%	1.92%	+15.0%
ACN	Sell	ACCENTURE PLC CL A	$25,006,000	+9.4%	77,047	-0.6%	1.89%	+9.9%
NVS	Sell	NOVARTIS AG SPONSORED ADRsponsored adr	$24,511,000	-14.5%	298,727	-5.0%	1.85%	-14.2%
INTU	Buy	INTUIT INC	$24,408,000	+12.4%	44,979	+1.5%	1.85%	+12.8%
AMZN	Buy	AMAZON.COM INC	$22,925,000	-2.9%	7,000	+2.0%	1.73%	-2.4%
CSCO	Sell	CISCO SYSTEMS INC	$22,171,000	+1.4%	402,080	-2.5%	1.68%	+1.8%
CAT	Sell	CATERPILLAR INC	$21,817,000	-11.9%	112,268	-1.3%	1.65%	-11.5%
EXPD	Sell	EXPEDITORS INTL WASH INC	$20,508,000	-9.0%	176,547	-0.9%	1.55%	-8.7%
LIN	Sell	LINDE PLC	$19,774,000	+0.5%	66,390	-2.5%	1.50%	+0.9%
VZ	Sell	VERIZON COMMUNICATIONS	$19,019,000	-3.6%	350,243	-0.6%	1.44%	-3.2%
T	Buy	AT&T INC	$17,492,000	-5.5%	643,910	+0.1%	1.32%	-5.1%
MDT	Buy	MEDTRONIC PLC	$16,529,000	+2.4%	130,242	+0.2%	1.25%	+2.9%
INTC	Sell	INTEL CORP	$15,915,000	-4.8%	295,928	-0.6%	1.20%	-4.4%
SYK	Buy	STRYKER CORPORATION	$15,483,000	+3.2%	58,078	+0.5%	1.17%	+3.6%
SBUX	Buy	STARBUCKS CORP	$13,798,000	+1.3%	122,544	+0.6%	1.04%	+1.8%
STT	Sell	STATE STREET CORP	$13,721,000	+3.1%	158,789	-1.8%	1.04%	+3.6%
QCOM	Buy	QUALCOMM INC	$13,039,000	-9.7%	101,302	+0.2%	0.99%	-9.4%
SO	Sell	SOUTHERN COMPANY	$12,917,000	+1.2%	209,176	-0.8%	0.98%	+1.7%
EMR	Sell	EMERSON ELEC CO	$10,550,000	-7.7%	110,980	-6.6%	0.80%	-7.3%
ECL	Buy	ECOLAB INC	$9,601,000	+4.0%	44,976	+0.3%	0.73%	+4.5%
UL	Sell	UNILEVER PLC SPONS ADRspons adr new	$8,031,000	-28.0%	148,381	-22.2%	0.61%	-27.7%
APD	Buy	AIR PRODUCTS & CHEMICALS INC	$7,387,000	+3.0%	28,737	+15.2%	0.56%	+3.5%
RTX	Sell	RAYTHEON TECHNOLOGIES CORP	$6,984,000	-6.8%	79,836	-9.1%	0.53%	-6.4%
ALC	Sell	ALCON INC	$6,860,000	+13.4%	85,642	-0.5%	0.52%	+13.8%
IQV	Buy	IQVIA HOLDINGS INC	$5,519,000	+5.9%	22,850	+6.2%	0.42%	+6.4%
MKC	Buy	MCCORMICK & CO INC	$5,375,000	-3.0%	66,608	+6.1%	0.41%	-2.4%
XOM	Sell	EXXON MOBIL CORP	$5,363,000	-3.7%	88,019	-0.3%	0.41%	-3.1%
DIS	Buy	DISNEY WALT CO NEW	$5,166,000	+0.7%	29,450	+0.9%	0.39%	+1.3%
ABT	Sell	ABBOTT LABS	$4,871,000	+1.1%	41,564	-0.0%	0.37%	+1.4%
SHW	Buy	SHERWIN WILLIAMS CO	$4,227,000	+5.1%	14,824	+0.4%	0.32%	+5.6%
GPN	Buy	GLOBAL PAYMENTS INC	$4,229,000	+5.0%	26,457	+23.2%	0.32%	+5.6%
CL	Sell	COLGATE PALMOLIVE CO	$3,249,000	-48.1%	43,085	-44.1%	0.25%	-47.9%
ABBV	Buy	ABBVIE INC	$2,759,000	+5.2%	25,295	+8.6%	0.21%	+5.6%
SYY	Sell	SYSCO CORP	$2,655,000	+1.8%	32,835	-2.1%	0.20%	+2.6%
PFE	Sell	PFIZER INC	$2,527,000	+9.5%	58,857	-0.1%	0.19%	+9.8%
	New	GENERAL ELECTRIC CO	$2,529,000	–	23,899	–	0.19%	–
BHP	Buy	BHP GROUP LTD SPONS ADRads	$2,466,000	+17.4%	46,079	+59.7%	0.19%	+18.4%
PHR	Buy	PHREESIA INC	$2,345,000	+31.5%	38,735	+33.2%	0.18%	+32.1%
EL	Buy	LAUDER ESTEE COMPANIES INC CL Acl a	$2,021,000	-0.1%	6,512	+2.4%	0.15%	+0.7%
COST	Buy	COSTCO WHOLESALE CORP NEW	$1,974,000	+13.6%	4,402	+0.2%	0.15%	+13.7%
SPGI	Sell	S&P GLOBAL INC	$1,713,000	-0.6%	4,000	-4.8%	0.13%	0.0%
IWM	Sell	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$1,635,000	-5.0%	7,355	-2.0%	0.12%	-4.6%
ADBE	Sell	ADOBE INC	$1,588,000	-8.0%	2,750	-6.8%	0.12%	-7.7%
EFA	New	ISHARES MSCI EAFE ETFmsci eafe etf	$1,229,000	–	15,715	–	0.09%	–
OGN	Sell	ORGANON & CO	$1,052,000	-40.0%	31,542	-45.6%	0.08%	-39.4%
MCD	Sell	MCDONALDS CORP	$889,000	-0.3%	3,661	-5.2%	0.07%	0.0%
PYPL	Buy	PAYPAL HOLDINGS INC	$808,000	-6.8%	3,055	+2.7%	0.06%	-6.2%
GOOGL	Sell	ALPHABET INC CL Acapstk cl a	$737,000	+9.7%	270	-1.8%	0.06%	+9.8%
UNP	Sell	UNION PAC CORP	$662,000	-13.5%	3,280	-5.7%	0.05%	-13.8%
CARR	Sell	CARRIER GLOBAL CORP	$446,000	-40.2%	8,510	-44.6%	0.03%	-39.3%
CRM	Buy	SALESFORCE.COM INC	$432,000	+39.8%	1,570	+24.1%	0.03%	+43.5%
CVX	Sell	CHEVRON CORPORATION	$394,000	-7.7%	3,775	-7.4%	0.03%	-6.2%
WFC	Sell	WELLS FARGO & CO	$395,000	-3.2%	8,400	-6.7%	0.03%	-3.2%
BBL	Buy	BHP GROUP PLC SPONS ADRsponsored adr	$379,000	+3.0%	7,490	+21.5%	0.03%	+3.6%
NTRS	Sell	NORTHERN TR CORP	$322,000	-16.8%	2,945	-12.0%	0.02%	-17.2%
OTIS	Sell	OTIS WORLDWIDE CORP	$286,000	-49.3%	3,467	-49.7%	0.02%	-47.6%
EEM	Sell	ISHARES MSCI EMERGING MKT ETFmsci emg mkt etf	$278,000	-9.4%	5,520	-0.9%	0.02%	-8.7%
UPS	Sell	UNITED PARCEL SERVICE CL Bcl b	$227,000	-22.0%	1,250	-10.7%	0.02%	-22.7%
NOW	New	SERVICENOW INC	$209,000	–	330	–	0.02%	–
SLB	Sell	SCHLUMBERGER LTD	$201,000	-49.0%	6,614	-46.2%	0.02%	-50.0%
CTVA	Sell	CORTEVA INC	$200,000	-11.1%	4,606	-9.3%	0.02%	-11.8%
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-15,765	–	-0.06%	–
GE	Exit	GENERAL ELECTRIC CORP	$0	–	-191,388	–	-0.19%	–

Q2 2021

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$92,743,000	–	562,961	–	6.98%	–
AAPL	New	APPLE INC	$92,213,000	–	673,285	–	6.94%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$74,700,000	–	376,095	–	5.62%	–
GOOG	New	ALPHABET INC CL Ccapstk cl c	$62,552,000	–	24,958	–	4.71%	–
PG	New	PROCTER & GAMBLE CO	$62,442,000	–	462,774	–	4.70%	–
MSFT	New	MICROSOFT CORP	$60,995,000	–	225,157	–	4.59%	–
PEP	New	PEPSICO INC	$60,203,000	–	406,306	–	4.53%	–
MA	New	MASTERCARD INC CL Acl a	$56,245,000	–	154,057	–	4.24%	–
MRK	New	MERCK & CO INC	$45,237,000	–	581,682	–	3.41%	–
FISV	New	FISERV INC	$35,294,000	–	330,192	–	2.66%	–
KO	New	COCA COLA CO	$34,395,000	–	635,651	–	2.59%	–
KMI	New	KINDER MORGAN INC	$34,273,000	–	1,880,054	–	2.58%	–
FAST	New	FASTENAL CO	$32,736,000	–	629,531	–	2.46%	–
NVS	New	NOVARTIS AG SPONSORED ADRsponsored adr	$28,683,000	–	314,376	–	2.16%	–
CVS	New	CVS HEALTH CORP	$28,489,000	–	341,426	–	2.14%	–
TJX	New	TJX COS INC	$28,264,000	–	419,221	–	2.13%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL Bclb new	$27,277,000	–	98,146	–	2.05%	–
CAT	New	CATERPILLAR INC	$24,765,000	–	113,796	–	1.86%	–
AMZN	New	AMAZON.COM INC	$23,599,000	–	6,860	–	1.78%	–
ACN	New	ACCENTURE PLC CL A	$22,860,000	–	77,545	–	1.72%	–
EXPD	New	EXPEDITORS INTL WASH INC	$22,548,000	–	178,107	–	1.70%	–
NVO	New	NOVO NORDISK AS SPONS ADRadr	$22,110,000	–	263,942	–	1.66%	–
CSCO	New	CISCO SYSTEMS INC	$21,867,000	–	412,592	–	1.65%	–
INTU	New	INTUIT INC	$21,721,000	–	44,314	–	1.64%	–
VZ	New	VERIZON COMMUNICATIONS	$19,733,000	–	352,188	–	1.49%	–
LIN	New	LINDE PLC	$19,684,000	–	68,085	–	1.48%	–
T	New	AT&T INC	$18,516,000	–	643,365	–	1.39%	–
INTC	New	INTEL CORP	$16,719,000	–	297,798	–	1.26%	–
MDT	New	MEDTRONIC PLC	$16,136,000	–	129,992	–	1.22%	–
SYK	New	STRYKER CORPORATION	$15,007,000	–	57,778	–	1.13%	–
QCOM	New	QUALCOMM INC	$14,447,000	–	101,078	–	1.09%	–
SBUX	New	STARBUCKS CORP	$13,620,000	–	121,807	–	1.03%	–
STT	New	STATE STREET CORP	$13,302,000	–	161,671	–	1.00%	–
SO	New	SOUTHERN COMPANY	$12,759,000	–	210,856	–	0.96%	–
EMR	New	EMERSON ELEC CO	$11,436,000	–	118,820	–	0.86%	–
UL	New	UNILEVER PLC SPONS ADRspons adr new	$11,151,000	–	190,605	–	0.84%	–
ECL	New	ECOLAB INC	$9,236,000	–	44,841	–	0.70%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$7,496,000	–	87,869	–	0.56%	–
APD	New	AIR PRODUCTS & CHEMICALS INC	$7,175,000	–	24,940	–	0.54%	–
CL	New	COLGATE PALMOLIVE CO	$6,266,000	–	77,022	–	0.47%	–
MMM	New	3M CO	$6,258,000	–	31,505	–	0.47%	–
ALC	New	ALCON INC	$6,049,000	–	86,099	–	0.46%	–
XOM	New	EXXON MOBIL CORP	$5,569,000	–	88,294	–	0.42%	–
MKC	New	MCCORMICK & CO INC	$5,543,000	–	62,763	–	0.42%	–
IQV	New	IQVIA HOLDINGS INC	$5,211,000	–	21,507	–	0.39%	–
DIS	New	DISNEY WALT CO NEW	$5,132,000	–	29,200	–	0.39%	–
ABT	New	ABBOTT LABS	$4,819,000	–	41,574	–	0.36%	–
SHW	New	SHERWIN WILLIAMS CO	$4,020,000	–	14,758	–	0.30%	–
GPN	New	GLOBAL PAYMENTS INC	$4,026,000	–	21,468	–	0.30%	–
JPM	New	JP MORGAN CHASE & CO	$3,592,000	–	23,093	–	0.27%	–
ABBV	New	ABBVIE INC	$2,623,000	–	23,290	–	0.20%	–
SYY	New	SYSCO CORP	$2,607,000	–	33,535	–	0.20%	–
GE	New	GENERAL ELECTRIC CORP	$2,576,000	–	191,388	–	0.19%	–
PFE	New	PFIZER INC	$2,307,000	–	58,907	–	0.17%	–
BHP	New	BHP GROUP LTD SPONS ADRads	$2,101,000	–	28,855	–	0.16%	–
EL	New	LAUDER ESTEE COMPANIES INC CL Acl a	$2,024,000	–	6,362	–	0.15%	–
DHR	New	DANAHER CORP	$1,894,000	–	7,058	–	0.14%	–
PHR	New	PHREESIA INC	$1,783,000	–	29,075	–	0.13%	–
OGN	New	ORGANON & CO	$1,753,000	–	57,936	–	0.13%	–
COST	New	COSTCO WHOLESALE CORP NEW	$1,738,000	–	4,392	–	0.13%	–
SPGI	New	S&P GLOBAL INC	$1,724,000	–	4,200	–	0.13%	–
ADBE	New	ADOBE INC	$1,727,000	–	2,950	–	0.13%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$1,721,000	–	7,505	–	0.13%	–
V	New	VISA INC CL A	$1,685,000	–	7,208	–	0.13%	–
IBM	New	INTL. BUSINESS MACHINES CORP	$1,254,000	–	8,558	–	0.09%	–
HD	New	HOME DEPOT INC	$1,252,000	–	3,924	–	0.09%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,106,000	–	4,950	–	0.08%	–
AMGN	New	AMGEN INC	$1,073,000	–	4,400	–	0.08%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS ETFftse emr mkt etf	$1,018,000	–	18,750	–	0.08%	–
MCD	New	MCDONALDS CORP	$892,000	–	3,861	–	0.07%	–
PYPL	New	PAYPAL HOLDINGS INC	$867,000	–	2,975	–	0.06%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$829,000	–	15,765	–	0.06%	–
UNP	New	UNION PAC CORP	$765,000	–	3,480	–	0.06%	–
CARR	New	CARRIER GLOBAL CORP	$746,000	–	15,360	–	0.06%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$742,000	–	11,100	–	0.06%	–
GOOGL	New	ALPHABET INC CL Acapstk cl a	$672,000	–	275	–	0.05%	–
EW	New	EDWARDS LIFESCIENCES CORP	$606,000	–	5,850	–	0.05%	–
GIS	New	GENERAL MLS INC	$600,000	–	9,845	–	0.04%	–
OTIS	New	OTIS WORLDWIDE CORP	$564,000	–	6,892	–	0.04%	–
CB	New	CHUBB LTD	$503,000	–	3,165	–	0.04%	–
CVX	New	CHEVRON CORPORATION	$427,000	–	4,075	–	0.03%	–
JKHY	New	JACK HENRY & ASSOC INC	$418,000	–	2,559	–	0.03%	–
WFC	New	WELLS FARGO & CO	$408,000	–	9,000	–	0.03%	–
SLB	New	SCHLUMBERGER LTD	$394,000	–	12,288	–	0.03%	–
NTRS	New	NORTHERN TR CORP	$387,000	–	3,345	–	0.03%	–
LOW	New	LOWES COS INC	$387,000	–	2,000	–	0.03%	–
BBL	New	BHP GROUP PLC SPONS ADRsponsored adr	$368,000	–	6,165	–	0.03%	–
ZTS	New	ZOETIS INCcl a	$363,000	–	1,948	–	0.03%	–
IEMG	New	ISHARES CORE MSCI EMERGINGcore msci emkt	$338,000	–	5,040	–	0.02%	–
INDB	New	INDEPENDENT BK CORP MA	$336,000	–	4,450	–	0.02%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$320,000	–	650	–	0.02%	–
CRM	New	SALESFORCE.COM INC	$309,000	–	1,265	–	0.02%	–
EEM	New	ISHARES MSCI EMERGING MKT ETFmsci emg mkt etf	$307,000	–	5,570	–	0.02%	–
BAX	New	BAXTER INTL INC	$302,000	–	3,750	–	0.02%	–
UPS	New	UNITED PARCEL SERVICE CL Bcl b	$291,000	–	1,400	–	0.02%	–
DE	New	DEERE & CO	$291,000	–	825	–	0.02%	–
NKE	New	NIKE INC-CLASS Bcl b	$282,000	–	1,826	–	0.02%	–
AMT	New	AMERICAN TOWER CORP REIT	$270,000	–	1,000	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$247,000	–	3,373	–	0.02%	–
IVV	New	ISHARES CORE S&P 500 ETFcore s&p500 etf	$230,000	–	535	–	0.02%	–
CTVA	New	CORTEVA INC	$225,000	–	5,078	–	0.02%	–
VIG	New	VANGUARD SPECIALIZED FUNDSdiv app etf	$201,000	–	1,300	–	0.02%	–

Q4 2020

			Value		Shares		↓ Weighting
VIG	Exit	VANGUARD SPECIALIZED FUNDSdiv app etf	$0	–	-1,600	–	-0.02%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-650	–	-0.02%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-14,006	–	-0.02%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-1,400	–	-0.02%	–
NKE	Exit	NIKE INCcl b	$0	–	-1,826	–	-0.02%	–
INDB	Exit	INDEPENDENT BANK CORP MASS	$0	–	-4,450	–	-0.02%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-890	–	-0.02%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-4,020	–	-0.02%	–
IVV	Exit	ISHARES TRcore s&p 500 etf	$0	–	-735	–	-0.02%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-5,720	–	-0.02%	–
CB	Exit	CHUBB LIMITED	$0	–	-2,335	–	-0.02%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,911	–	-0.02%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-1,165	–	-0.02%	–
GLW	Exit	CORNING INC	$0	–	-9,450	–	-0.03%	–
BAX	Exit	BAXTER INTL INC	$0	–	-3,750	–	-0.03%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-5,850	–	-0.03%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-1,948	–	-0.03%	–
LOW	Exit	LOWES COS INC	$0	–	-2,000	–	-0.03%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-15,460	–	-0.03%	–
DE	Exit	DEERE & CO	$0	–	-1,800	–	-0.03%	–
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-2,559	–	-0.04%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-5,445	–	-0.04%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-5,850	–	-0.04%	–
ABBV	Exit	ABBVIE INC	$0	–	-6,050	–	-0.05%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-2,700	–	-0.05%	–
GIS	Exit	GENERAL MLS INC	$0	–	-10,045	–	-0.05%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-437	–	-0.06%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-18,515	–	-0.06%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-11,200	–	-0.06%	–
UNP	Exit	UNION PAC CORP	$0	–	-3,498	–	-0.06%	–
BHP	Exit	BHP GROUP LTDsponsored ads	$0	–	-13,575	–	-0.06%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-2,200	–	-0.07%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-20,050	–	-0.08%	–
MCD	Exit	MCDONALDS CORP	$0	–	-4,089	–	-0.08%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-4,950	–	-0.08%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-16,015	–	-0.09%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-8,558	–	-0.09%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,924	–	-0.09%	–
AMGN	Exit	AMGEN INC	$0	–	-4,500	–	-0.10%	–
GE	Exit	GENERAL ELECTRIC CORP	$0	–	-190,715	–	-0.10%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-8,085	–	-0.10%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-2,905	–	-0.12%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-6,522	–	-0.12%	–
V	Exit	VISA INC	$0	–	-7,208	–	-0.12%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-7,058	–	-0.13%	–
CARR	Exit	CARRIER GLOBAL CORPORATION	$0	–	-51,199	–	-0.14%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,350	–	-0.14%	–
OTIS	Exit	OTIS WORLDWIDE CORP	$0	–	-25,608	–	-0.14%	–
PFE	Exit	PFIZER INC	$0	–	-58,165	–	-0.18%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-22,742	–	-0.19%	–
SYY	Exit	SYSCO CORP	$0	–	-39,560	–	-0.21%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-4,553	–	-0.27%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-17,024	–	-0.29%	–
DIS	Exit	DISNEY WALT CO	$0	–	-29,295	–	-0.31%	–
ABT	Exit	ABBOTT LABS	$0	–	-43,814	–	-0.41%	–
ALC	Exit	ALCON AG	$0	–	-94,508	–	-0.47%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-21,814	–	-0.56%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-207,154	–	-0.62%	–
MMM	Exit	3M CO	$0	–	-49,422	–	-0.68%	–
ECL	Exit	ECOLAB INC	$0	–	-43,607	–	-0.75%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-121,708	–	-0.91%	–
QCOM	Exit	QUALCOMM INC	$0	–	-98,220	–	-1.00%	–
SO	Exit	SOUTHERN CO	$0	–	-220,154	–	-1.03%	–
STT	Exit	STATE STR CORP	$0	–	-205,775	–	-1.06%	–
SYK	Exit	STRYKER CORPORATION	$0	–	-59,715	–	-1.08%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-162,328	–	-1.08%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-222,516	–	-1.11%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-124,057	–	-1.11%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-199,800	–	-1.13%	–
UL	Exit	UNILEVER PLCspons adr new	$0	–	-217,607	–	-1.16%	–
INTU	Exit	INTUIT	$0	–	-44,437	–	-1.26%	–
T	Exit	AT&T INC	$0	–	-561,462	–	-1.38%	–
LIN	Exit	LINDE PLC	$0	–	-68,460	–	-1.41%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-180,377	–	-1.41%	–
INTC	Exit	INTEL CORP	$0	–	-316,196	–	-1.42%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-74,609	–	-1.46%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-265,113	–	-1.59%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-123,866	–	-1.60%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-331,763	–	-1.67%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-334,699	–	-1.72%	–
AMZN	Exit	AMAZON COM INC	$0	–	-6,567	–	-1.79%	–
CSCO	Exit	CISCO SYS INC	$0	–	-548,119	–	-1.86%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-1,818,889	–	-1.94%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-109,431	–	-2.02%	–
TJX	Exit	TJX COS INC NEW	$0	–	-420,376	–	-2.03%	–
NVS	Exit	NOVARTIS AGsponsored adr	$0	–	-329,775	–	-2.48%	–
FAST	Exit	FASTENAL CO	$0	–	-644,277	–	-2.51%	–
FISV	Exit	FISERV INC	$0	–	-328,239	–	-2.93%	–
KO	Exit	COCA COLA CO	$0	–	-694,685	–	-2.96%	–
GOOG	Exit	ALPHABET INCcap st cl c	$0	–	-25,271	–	-3.22%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-222,662	–	-4.06%	–
MRK	Exit	MERCK & CO. INC	$0	–	-582,200	–	-4.17%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-154,416	–	-4.52%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-392,480	–	-4.73%	–
PEP	Exit	PEPSICO INC	$0	–	-411,494	–	-4.94%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-475,403	–	-5.71%	–
AAPL	Exit	APPLE INC	$0	–	-723,688	–	-7.25%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-585,210	–	-7.53%	–

Q3 2020

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$87,066,000	+2.8%	585,210	-2.8%	7.53%	-0.4%
AAPL	Buy	APPLE INC	$83,877,000	+20.8%	723,688	+280.1%	7.25%	+17.0%
PG	Sell	PROCTER AND GAMBLE CO	$66,088,000	+14.7%	475,403	-1.3%	5.71%	+11.1%
PEP	Sell	PEPSICO INC	$57,106,000	+3.5%	411,494	-1.3%	4.94%	+0.3%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$54,700,000	-7.5%	392,480	-1.2%	4.73%	-10.4%
MA	Sell	MASTERCARD INCORPORATEDcl a	$52,335,000	+11.1%	154,416	-2.8%	4.52%	+7.6%
MRK	Sell	MERCK & CO. INC	$48,235,000	+4.2%	582,200	-2.7%	4.17%	+0.9%
MSFT	Sell	MICROSOFT CORP	$46,913,000	+1.8%	222,662	-1.6%	4.06%	-1.4%
GOOG	Sell	ALPHABET INCcap st cl c	$37,204,000	+2.0%	25,271	-1.9%	3.22%	-1.2%
KO	Sell	COCA COLA CO	$34,295,000	+8.0%	694,685	-2.3%	2.96%	+4.6%
FISV	Sell	FISERV INC	$33,899,000	+3.2%	328,239	-2.3%	2.93%	-0.0%
FAST	Sell	FASTENAL CO	$29,029,000	+1.6%	644,277	-3.4%	2.51%	-1.6%
NVS	Sell	NOVARTIS AGsponsored adr	$28,687,000	-3.0%	329,775	-2.5%	2.48%	-6.0%
TJX	Buy	TJX COS INC NEW	$23,445,000	+10.5%	420,376	+0.3%	2.03%	+7.1%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$23,302,000	+18.5%	109,431	-0.6%	2.02%	+14.8%
KMI	Buy	KINDER MORGAN INC DEL	$22,418,000	-12.1%	1,818,889	+8.1%	1.94%	-14.9%
CSCO	Sell	CISCO SYS INC	$21,564,000	-16.5%	548,119	-1.1%	1.86%	-19.2%
AMZN	Buy	AMAZON COM INC	$20,719,000	+14.5%	6,567	+0.5%	1.79%	+10.8%
VZ	Buy	VERIZON COMMUNICATIONS INC	$19,911,000	+12.2%	334,699	+4.0%	1.72%	+8.7%
CVS	Buy	CVS HEALTH CORP	$19,363,000	-8.4%	331,763	+2.0%	1.67%	-11.2%
CAT	Buy	CATERPILLAR INC DEL	$18,475,000	+19.5%	123,866	+1.3%	1.60%	+15.7%
NVO	Buy	NOVO-NORDISK A Sadr	$18,403,000	+6.3%	265,113	+0.3%	1.59%	+2.9%
ACN	Buy	ACCENTURE PLC IRELAND	$16,858,000	+5.6%	74,609	+0.4%	1.46%	+2.3%
INTC	Sell	INTEL CORP	$16,400,000	-16.3%	316,196	-3.8%	1.42%	-19.0%
EXPD	Sell	EXPEDITORS INTL WASH INC	$16,328,000	+15.8%	180,377	-2.7%	1.41%	+12.2%
T	Sell	AT&T INC	$16,007,000	-9.2%	561,462	-3.8%	1.38%	-12.0%
INTU	Sell	INTUIT	$14,512,000	+3.3%	44,437	-6.2%	1.26%	+0.1%
UL	Sell	UNILEVER PLCspons adr new	$13,434,000	+6.4%	217,607	-5.4%	1.16%	+3.1%
EMR	Sell	EMERSON ELEC CO	$13,064,000	-0.3%	199,800	-5.6%	1.13%	-3.3%
MDT	Buy	MEDTRONIC PLC	$12,855,000	+21.0%	124,057	+7.2%	1.11%	+17.2%
RTX	Buy	RAYTHEON TECHNOLOGIES CORP	$12,802,000	-6.2%	222,516	+0.4%	1.11%	-9.2%
CL	Sell	COLGATE PALMOLIVE CO	$12,520,000	-0.3%	162,328	-5.3%	1.08%	-3.5%
SYK	Sell	STRYKER CORPORATION	$12,448,000	+14.1%	59,715	-0.8%	1.08%	+10.5%
STT	Sell	STATE STR CORP	$12,208,000	-12.3%	205,775	-6.1%	1.06%	-15.0%
SO	Sell	SOUTHERN CO	$11,936,000	+0.1%	220,154	-4.3%	1.03%	-3.1%
QCOM	Sell	QUALCOMM INC	$11,559,000	+27.4%	98,220	-1.3%	1.00%	+23.3%
SBUX	Sell	STARBUCKS CORP	$10,479,000	+14.1%	121,708	-2.3%	0.91%	+10.5%
ECL	Sell	ECOLAB INC	$8,696,000	-1.0%	43,607	-1.2%	0.75%	-4.1%
MMM	Sell	3M CO	$7,917,000	-14.3%	49,422	-16.5%	0.68%	-17.0%
XOM	Sell	EXXON MOBIL CORP	$7,111,000	-52.3%	207,154	-38.0%	0.62%	-53.8%
APD	Sell	AIR PRODS & CHEMS INC	$6,476,000	+22.4%	21,814	-0.2%	0.56%	+18.6%
ALC	Sell	ALCON AG	$5,385,000	-3.3%	94,508	-2.5%	0.47%	-6.2%
ABT	Buy	ABBOTT LABS	$4,769,000	+19.9%	43,814	+0.7%	0.41%	+16.1%
DIS	Sell	DISNEY WALT CO	$3,630,000	-9.6%	29,295	-18.4%	0.31%	-12.3%
MKC	Sell	MCCORMICK & CO INC	$3,304,000	-4.0%	17,024	-11.3%	0.29%	-6.8%
SHW	Sell	SHERWIN WILLIAMS CO	$3,166,000	+19.0%	4,553	-1.1%	0.27%	+15.6%
SYY	Sell	SYSCO CORP	$2,463,000	-2.1%	39,560	-14.2%	0.21%	-5.3%
JPM	Sell	JPMORGAN CHASE & CO	$2,190,000	+0.5%	22,742	-1.8%	0.19%	-3.1%
PFE	Sell	PFIZER INC	$2,135,000	+8.3%	58,165	-3.5%	0.18%	+5.1%
OTIS	Sell	OTIS WORLDWIDE CORP	$1,599,000	-58.7%	25,608	-62.4%	0.14%	-60.1%
SPGI	Sell	S&P GLOBAL INC	$1,569,000	+1.3%	4,350	-7.4%	0.14%	-1.4%
CARR	Sell	CARRIER GLOBAL CORPORATION	$1,563,000	-48.4%	51,199	-62.4%	0.14%	-50.0%
V	Sell	VISA INC	$1,443,000	+2.9%	7,208	-0.7%	0.12%	0.0%
EL	Sell	LAUDER ESTEE COS INCcl a	$1,424,000	-9.4%	6,522	-21.6%	0.12%	-12.1%
ADBE	Buy	ADOBE SYSTEMS INCORPORATED	$1,425,000	+16.2%	2,905	+3.2%	0.12%	+12.8%
IWM	Sell	ISHARES TRrussell 2000 etf	$1,211,000	-5.0%	8,085	-9.3%	0.10%	-7.9%
GE	Sell	GENERAL ELECTRIC CORP	$1,188,000	-18.1%	190,715	-10.2%	0.10%	-20.2%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$1,041,000	-1.0%	8,558	-1.7%	0.09%	-4.3%
EFA	Sell	ISHARES TRmsci eafe etf	$1,020,000	+2.7%	16,015	-1.8%	0.09%	-1.1%
ITW	Sell	ILLINOIS TOOL WKS INC	$956,000	-1.5%	4,950	-10.8%	0.08%	-4.6%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$867,000	+2.1%	20,050	-6.5%	0.08%	-1.3%
BHP	Sell	BHP GROUP LTDsponsored ads	$701,000	+0.7%	13,575	-3.0%	0.06%	-1.6%
UNP	Sell	UNION PAC CORP	$688,000	-28.6%	3,498	-38.6%	0.06%	-31.4%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$665,000	-15.7%	18,515	-0.5%	0.06%	-18.6%
GIS	Sell	GENERAL MLS INC	$619,000	-26.1%	10,045	-26.1%	0.05%	-28.0%
PYPL	Sell	PAYPAL HLDGS INC	$532,000	-23.7%	2,700	-32.5%	0.05%	-25.8%
ABBV	Buy	ABBVIE INC	$530,000	+0.8%	6,050	+13.1%	0.05%	-2.1%
NTRS	Sell	NORTHERN TR CORP	$424,000	-5.8%	5,445	-4.1%	0.04%	-7.5%
WFC	Sell	WELLS FARGO CO NEW	$363,000	-12.7%	15,460	-4.9%	0.03%	-16.2%
BAX	Sell	BAXTER INTL INC	$302,000	-7.4%	3,750	-1.1%	0.03%	-10.3%
GLW	Sell	CORNING INC	$306,000	-17.1%	9,450	-33.7%	0.03%	-21.2%
CRM	New	SALESFORCE COM INC	$293,000	–	1,165	–	0.02%	–
CVX	Sell	CHEVRON CORP NEW	$281,000	-26.2%	3,911	-8.2%	0.02%	-29.4%
CB	Sell	CHUBB LIMITED	$271,000	-36.1%	2,335	-30.3%	0.02%	-39.5%
NEE	New	NEXTERA ENERGY INC	$247,000	–	890	–	0.02%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$233,000	–	1,400	–	0.02%	–
NKE	New	NIKE INCcl b	$229,000	–	1,826	–	0.02%	–
SLB	Sell	SCHLUMBERGER LTD	$218,000	-18.7%	14,006	-3.9%	0.02%	-20.8%
VIG	New	VANGUARD SPECIALIZED FUNDSdiv app etf	$206,000	–	1,600	–	0.02%	–

Q2 2020

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$84,681,000	–	602,221	–	7.56%	–
AAPL	New	APPLE INC	$69,443,000	–	190,394	–	6.20%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$59,127,000	–	397,078	–	5.28%	–
PG	New	PROCTER & GAMBLE CO	$57,624,000	–	481,780	–	5.14%	–
PEP	New	PEPSICO INC	$55,164,000	–	417,059	–	4.92%	–
MA	New	MASTERCARD INCcl a	$47,098,000	–	158,858	–	4.20%	–
MRK	New	MERCK & CO. INC	$46,308,000	–	598,378	–	4.13%	–
MSFT	New	MICROSOFT CORP	$46,092,000	–	226,255	–	4.11%	–
GOOG	New	ALPHABET INCcap stk cl c	$36,489,000	–	25,757	–	3.26%	–
FISV	New	FISERV INC	$32,843,000	–	335,889	–	2.93%	–
KO	New	COCA COLA CO	$31,760,000	–	710,805	–	2.84%	–
NVS	New	NOVARTIS A Gsponsored adr	$29,568,000	–	338,377	–	2.64%	–
FAST	New	FASTENAL CO	$28,572,000	–	666,699	–	2.55%	–
CSCO	New	CISCO SYS INC	$25,834,000	–	554,464	–	2.31%	–
KMI	New	KINDER MORGAN INC DEL	$25,514,000	–	1,682,931	–	2.28%	–
TJX	New	TJX COS INC NEW	$21,211,000	–	419,078	–	1.89%	–
CVS	New	CVS HEALTH CORP	$21,133,000	–	325,407	–	1.89%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$19,660,000	–	110,135	–	1.76%	–
INTC	New	INTEL CORP	$19,603,000	–	328,661	–	1.75%	–
AMZN	New	AMAZON COM INC	$18,101,000	–	6,536	–	1.62%	–
VZ	New	VERIZON COMMUNICATIONS INC	$17,744,000	–	321,912	–	1.58%	–
T	New	AT&T INC	$17,625,000	–	583,463	–	1.57%	–
NVO	New	NOVO-NORDISK A Sadr	$17,314,000	–	264,355	–	1.55%	–
ACN	New	ACCENTURE PLC IRELAND	$15,962,000	–	74,341	–	1.42%	–
CAT	New	CATERPILLAR INC DEL	$15,465,000	–	122,254	–	1.38%	–
XOM	New	EXXON MOBIL CORP	$14,909,000	–	334,074	–	1.33%	–
LIN	New	LINDE PLC	$14,521,000	–	68,460	–	1.30%	–
EXPD	New	EXPEDITORS INTL WASH INC	$14,096,000	–	185,382	–	1.26%	–
INTU	New	INTUIT	$14,048,000	–	47,373	–	1.25%	–
STT	New	STATE STR CORP	$13,913,000	–	219,066	–	1.24%	–
RTX	New	RAYTHEON CO	$13,652,000	–	221,552	–	1.22%	–
EMR	New	EMERSON ELEC CO	$13,101,000	–	211,739	–	1.17%	–
UL	New	UNILEVER PLCspon adr new	$12,630,000	–	229,962	–	1.13%	–
CL	New	COLGATE PALMOLIVE CO	$12,553,000	–	171,462	–	1.12%	–
SO	New	SOUTHERN CO	$11,928,000	–	230,054	–	1.06%	–
SYK	New	STRYKER CORP	$10,909,000	–	60,215	–	0.97%	–
MDT	New	MEDTRONIC PLC	$10,625,000	–	115,710	–	0.95%	–
MMM	New	3M CO	$9,238,000	–	59,219	–	0.82%	–
SBUX	New	STARBUCKS CORP	$9,181,000	–	124,604	–	0.82%	–
QCOM	New	QUALCOMM INC	$9,072,000	–	99,468	–	0.81%	–
ECL	New	ECOLAB INC	$8,786,000	–	44,121	–	0.78%	–
ALC	New	ALCON INC	$5,566,000	–	96,945	–	0.50%	–
APD	New	AIR PRODS & CHEMS INC	$5,292,000	–	21,849	–	0.47%	–
DIS	New	DISNEY WALT CO	$4,016,000	–	35,880	–	0.36%	–
ABT	New	ABBOTT LABS	$3,979,000	–	43,514	–	0.36%	–
OTIS	New	OTIS WORLDWIDE CORP	$3,876,000	–	68,167	–	0.35%	–
MKC	New	MCCORMICK & CO INC	$3,442,000	–	19,189	–	0.31%	–
CARR	New	CARRIER GLOBAL CORPORATION	$3,028,000	–	136,276	–	0.27%	–
SHW	New	SHERWIN WILLIAMS CO	$2,660,000	–	4,603	–	0.24%	–
SYY	New	SYSCO CORP	$2,517,000	–	46,090	–	0.22%	–
JPM	New	JPMORGAN CHASE & CO	$2,179,000	–	23,162	–	0.20%	–
PFE	New	PFIZER INC	$1,972,000	–	60,290	–	0.18%	–
EL	New	LAUDER ESTEE COS INCcl a	$1,571,000	–	8,324	–	0.14%	–
SPGI	New	S&P GLOBAL INC	$1,549,000	–	4,700	–	0.14%	–
GE	New	GENERAL ELECTRIC CO	$1,450,000	–	212,365	–	0.13%	–
V	New	VISA INC	$1,402,000	–	7,258	–	0.12%	–
IWM	New	ISHARES TRrussell 2000 etf	$1,275,000	–	8,910	–	0.11%	–
DHR	New	DANAHER CORPORATION	$1,248,000	–	7,058	–	0.11%	–
ADBE	New	ADOBE INC	$1,226,000	–	2,815	–	0.11%	–
AMGN	New	AMGEN INC	$1,061,000	–	4,500	–	0.10%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$1,052,000	–	8,708	–	0.09%	–
EFA	New	ISHARES TRmsci eafe etf	$993,000	–	16,315	–	0.09%	–
HD	New	HOME DEPOT INC	$983,000	–	3,924	–	0.09%	–
ITW	New	ILLINOIS TOOL WKS INC	$971,000	–	5,550	–	0.09%	–
UNP	New	UNION PAC CORP	$963,000	–	5,698	–	0.09%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$849,000	–	21,450	–	0.08%	–
GIS	New	GENERAL MLS INC	$838,000	–	13,595	–	0.08%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$789,000	–	18,615	–	0.07%	–
MCD	New	MCDONALDS CORP	$754,000	–	4,089	–	0.07%	–
BHP	New	BHP GROUP LTDsponsored ads	$696,000	–	14,000	–	0.06%	–
PYPL	New	PAYPAL HLDGS INC	$697,000	–	4,000	–	0.06%	–
COST	New	COSTCO WHSL CORP NEW	$668,000	–	2,200	–	0.06%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$659,000	–	11,200	–	0.06%	–
GOOGL	New	ALPHABET INCcap stk cl a	$620,000	–	437	–	0.06%	–
ABBV	New	ABBVIE INC	$526,000	–	5,350	–	0.05%	–
JKHY	New	HENRY JACK & ASSOC INC	$471,000	–	2,559	–	0.04%	–
NTRS	New	NORTHERN TR CORP	$450,000	–	5,675	–	0.04%	–
CB	New	CHUBB LIMITED	$424,000	–	3,350	–	0.04%	–
WFC	New	WELLS FARGO CO NEW	$416,000	–	16,260	–	0.04%	–
EW	New	EDWARDS LIFESCIENCES CORP	$404,000	–	5,850	–	0.04%	–
CVX	New	CHEVRON CORP NEW	$381,000	–	4,261	–	0.03%	–
GLW	New	CORNING INC	$369,000	–	14,250	–	0.03%	–
BAX	New	BAXTER INTL INC	$326,000	–	3,790	–	0.03%	–
INDB	New	INDEPENDENT BANK CORP MASS	$299,000	–	4,450	–	0.03%	–
IEMG	New	ISHARES INCcore msci emkt	$279,000	–	5,850	–	0.02%	–
DE	New	DEERE & CO	$283,000	–	1,800	–	0.02%	–
LOW	New	LOWES COS INC	$270,000	–	2,000	–	0.02%	–
SLB	New	SCHLUMBERGER LTD	$268,000	–	14,576	–	0.02%	–
ZTS	New	ZOETIS INCcl a	$267,000	–	1,948	–	0.02%	–
IEFA	New	ISHARES TRcore msci eafe	$230,000	–	4,020	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$228,000	–	735	–	0.02%	–
EEM	New	ISHARES TRmsci emg mkt etf	$229,000	–	5,720	–	0.02%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$211,000	–	650	–	0.02%	–

Q4 2019

			Value		Shares		↓ Weighting
MO	Exit	ALTRIA GROUP INC	$0	–	-5,000	–	-0.02%	–
NKE	Exit	NIKE INCcl b	$0	–	-2,276	–	-0.02%	–
IVV	Exit	ISHARES CORE S&P 500 ETFcore s&p 500 etf	$0	–	-735	–	-0.02%	–
RY	Exit	ROYAL BK CDA MONTREAL QUE	$0	–	-2,827	–	-0.02%	–
AVY	Exit	AVERY DENNISON CORP	$0	–	-2,000	–	-0.02%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$0	–	-650	–	-0.02%	–
VGT	Exit	VANGUARD WORLD FUNDSinf tech etf	$0	–	-1,100	–	-0.02%	–
IEFA	Exit	ISHARES CORE MSCI EAFE ETFcore msci eafe	$0	–	-3,985	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INCcl a	$0	–	-4,428	–	-0.02%	–
D	Exit	DOMINION ENERGY INC	$0	–	-3,200	–	-0.02%	–
EEM	Exit	ISHARES MSCI EMERGING MKT ETFmsci emg mkt etf	$0	–	-6,335	–	-0.02%	–
EBAY	Exit	EBAY INC	$0	–	-7,400	–	-0.02%	–
IEMG	Exit	ISHARES CORE MSCI EMERGINGcore msci emkt	$0	–	-5,985	–	-0.02%	–
DE	Exit	DEERE & CO	$0	–	-1,800	–	-0.02%	–
WMT	Exit	WALMART INC	$0	–	-2,800	–	-0.03%	–
INDB	Exit	INDEPENDENT BK CORP MA	$0	–	-4,450	–	-0.03%	–
BAX	Exit	BAXTER INTL INC	$0	–	-4,290	–	-0.03%	–
JKHY	Exit	JACK HENRY & ASSOC INC	$0	–	-2,559	–	-0.03%	–
RTN	Exit	RAYTHEON COMPANY	$0	–	-2,128	–	-0.03%	–
ABBV	Exit	ABBVIE INC	$0	–	-6,400	–	-0.04%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-2,200	–	-0.04%	–
LOW	Exit	LOWES COS INC	$0	–	-4,800	–	-0.04%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-9,980	–	-0.05%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-11,700	–	-0.05%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-507	–	-0.05%	–
CB	Exit	CHUBB LIMITED	$0	–	-3,949	–	-0.05%	–
GIS	Exit	GENERAL MLS INC	$0	–	-14,435	–	-0.06%	–
BHP	Exit	BHP GROUP LTDsponsored adr	$0	–	-16,170	–	-0.06%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-6,760	–	-0.07%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,538	–	-0.07%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-8,300	–	-0.07%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-18,510	–	-0.08%	–
AMGN	Exit	AMGEN INC	$0	–	-5,035	–	-0.08%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-6,423	–	-0.08%	–
GLW	Exit	CORNING INC	$0	–	-37,150	–	-0.09%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-11,645	–	-0.09%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-5,007	–	-0.10%	–
VWO	Exit	VANGUARD INTL EQUITY INDEXftse emr mkt etf	$0	–	-31,668	–	-0.10%	–
IBM	Exit	INTL. BUSINESS MACHS	$0	–	-8,728	–	-0.10%	–
EFA	Exit	ISHARES MSCI EAFE ETFmsci eafe etf	$0	–	-20,010	–	-0.11%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-4,640	–	-0.11%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-7,021	–	-0.11%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-9,190	–	-0.12%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-25,800	–	-0.12%	–
DHR	Exit	DANAHER CORP	$0	–	-10,712	–	-0.13%	–
ADBE	Exit	ADOBE INC	$0	–	-5,950	–	-0.13%	–
MCD	Exit	MCDONALDS CORP	$0	–	-7,994	–	-0.14%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$0	–	-11,990	–	-0.15%	–
V	Exit	VISA INCcl a	$0	–	-12,223	–	-0.17%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-4,893	–	-0.22%	–
PFE	Exit	PFIZER INC	$0	–	-82,045	–	-0.24%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-25,957	–	-0.25%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-375,551	–	-0.28%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-21,921	–	-0.28%	–
DIS	Exit	DISNEY WALT CO NEW	$0	–	-32,664	–	-0.35%	–
ABT	Exit	ABBOTT LABS	$0	–	-59,157	–	-0.40%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-23,744	–	-0.43%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-83,450	–	-0.43%	–
ALC	Exit	ALCON INC	$0	–	-99,057	–	-0.47%	–
SYY	Exit	SYSCO CORP	$0	–	-83,651	–	-0.54%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-199,738	–	-0.56%	–
ECL	Exit	ECOLAB INC	$0	–	-40,571	–	-0.66%	–
QCOM	Exit	QUALCOMM INC	$0	–	-111,627	–	-0.70%	–
AMZN	Exit	AMAZON COM INC	$0	–	-5,364	–	-0.76%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-187,517	–	-0.85%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-123,187	–	-0.89%	–
MMM	Exit	3M CO	$0	–	-66,798	–	-0.90%	–
INTU	Exit	INTUIT	$0	–	-42,948	–	-0.93%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-67,464	–	-1.06%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-119,539	–	-1.06%	–
NVO	Exit	NOVO NORDISK ASadr	$0	–	-265,991	–	-1.12%	–
STT	Exit	STATE STRT CORP	$0	–	-235,377	–	-1.14%	–
SYK	Exit	STRYKER CORP	$0	–	-66,037	–	-1.16%	–
LIN	Exit	LINDE PLC	$0	–	-73,406	–	-1.16%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-230,570	–	-1.19%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-199,212	–	-1.21%	–
UL	Exit	UNILEVER PLCspon adr new	$0	–	-252,160	–	-1.24%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-246,956	–	-1.25%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-209,523	–	-1.25%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-127,278	–	-1.31%	–
INTC	Exit	INTEL CORP	$0	–	-378,374	–	-1.59%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-340,913	–	-1.68%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-1,009,687	–	-1.70%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-313,590	–	-1.71%	–
T	Exit	AT&T INC	$0	–	-568,361	–	-1.76%	–
TJX	Exit	TJX COS INC NEW	$0	–	-416,136	–	-1.90%	–
FAST	Exit	FASTENAL CO	$0	–	-715,972	–	-1.90%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-118,184	–	-2.01%	–
CSCO	Exit	CISCO SYS INC	$0	–	-588,287	–	-2.37%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-228,988	–	-2.55%	–
NVS	Exit	NOVARTIS AGsponsored adr	$0	–	-370,448	–	-2.63%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-240,613	–	-2.73%	–
GOOG	Exit	ALPHABET INCcap stk cl b	$0	–	-27,679	–	-2.76%	–
FISV	Exit	FISERV INC	$0	–	-353,961	–	-3.00%	–
XOM	Exit	EXXONMOBIL CORP	$0	–	-594,835	–	-3.43%	–
KO	Exit	COCA COLA CO	$0	–	-784,969	–	-3.50%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-167,715	–	-3.72%	–
AAPL	Exit	APPLE INC	$0	–	-214,832	–	-3.94%	–
MRK	Exit	MERCK & CO INC	$0	–	-671,608	–	-4.62%	–
PEP	Exit	PEPSICO INC	$0	–	-446,493	–	-5.01%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-537,755	–	-5.47%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-435,453	–	-5.75%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-652,187	–	-6.90%	–

Q3 2019

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$84,403,000	-8.5%	652,187	-1.5%	6.90%	-9.1%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$70,264,000	-3.6%	435,453	-1.2%	5.75%	-4.2%
PG	Sell	PROCTER AND GAMBLE CO	$66,862,000	+10.9%	537,755	-2.2%	5.47%	+10.2%
PEP	Sell	PEPSICO INC	$61,223,000	+4.0%	446,493	-0.5%	5.01%	+3.3%
MRK	Sell	MERCK & CO INC	$56,502,000	-0.4%	671,608	-0.7%	4.62%	-1.1%
AAPL	Sell	APPLE INC	$48,128,000	+11.7%	214,832	-1.2%	3.94%	+10.9%
MA	Sell	MASTERCARD INCcl a	$45,532,000	+1.8%	167,715	-0.7%	3.72%	+1.1%
KO	Sell	COCA COLA CO	$42,736,000	+5.3%	784,969	-1.5%	3.50%	+4.7%
XOM	Buy	EXXONMOBIL CORP	$41,930,000	-7.9%	594,835	+0.1%	3.43%	-8.5%
FISV	Sell	FISERV INC	$36,640,000	+8.7%	353,961	-4.0%	3.00%	+8.0%
GOOG	Buy	ALPHABET INCcap stk cl b	$33,696,000	+12.6%	27,679	+0.1%	2.76%	+11.9%
MSFT	Sell	MICROSOFT CORP	$33,375,000	+1.8%	240,613	-1.4%	2.73%	+1.2%
NVS	Sell	NOVARTIS AGsponsored adr	$32,167,000	-11.9%	370,448	-7.3%	2.63%	-12.5%
UTX	Sell	UNITED TECHNOLOGIES CORP	$31,212,000	+4.4%	228,988	-0.2%	2.55%	+3.7%
CSCO	Sell	CISCO SYS INC	$28,983,000	-10.6%	588,287	-0.6%	2.37%	-11.1%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$24,585,000	-3.1%	118,184	-0.7%	2.01%	-3.7%
FAST	Sell	FASTENAL CO	$23,295,000	-0.6%	715,972	-0.4%	1.90%	-1.2%
TJX	Buy	TJX COS INC NEW	$23,182,000	+5.8%	416,136	+0.5%	1.90%	+5.2%
T	Buy	AT&T INC	$21,486,000	+17.0%	568,361	+3.7%	1.76%	+16.3%
EMR	Sell	EMERSON ELEC CO	$20,901,000	-8.1%	313,590	-8.0%	1.71%	-8.8%
KMI	Buy	KINDER MORGAN INC DEL	$20,790,000	+0.0%	1,009,687	+1.5%	1.70%	-0.6%
VZ	Sell	VERIZON COMMUNICATIONS INC	$20,574,000	+5.2%	340,913	-0.4%	1.68%	+4.5%
INTC	Sell	INTEL CORP	$19,450,000	+6.8%	378,374	-0.5%	1.59%	+6.1%
CAT	Sell	CATERPILLAR INC DEL	$16,073,000	-8.0%	127,278	-0.7%	1.31%	-8.6%
CL	Sell	COLGATE PALMOLIVE CO	$15,334,000	-7.6%	209,523	-9.5%	1.25%	-8.3%
SO	Sell	SOUTHERN COMPANY	$15,255,000	+11.0%	246,956	-0.7%	1.25%	+10.3%
UL	Sell	UNILEVER PLCspon adr new	$15,162,000	-3.1%	252,160	-0.1%	1.24%	-3.7%
EXPD	Sell	EXPEDITORS INTL WASH INC	$14,797,000	-2.9%	199,212	-0.8%	1.21%	-3.5%
CVS	Buy	CVS HEALTH CORP	$14,527,000	+19.7%	230,570	+3.6%	1.19%	+18.9%
SYK	Buy	STRYKER CORP	$14,224,000	+5.2%	66,037	+0.5%	1.16%	+4.5%
LIN	Sell	LINDE PLC	$14,220,000	-4.9%	73,406	-1.4%	1.16%	-5.4%
STT	Buy	STATE STRT CORP	$13,919,000	+8.9%	235,377	+3.3%	1.14%	+8.2%
NVO	Buy	NOVO NORDISK ASadr	$13,726,000	+7.4%	265,991	+6.3%	1.12%	+6.7%
MDT	Buy	MEDTRONIC PLC	$12,975,000	+12.5%	119,539	+1.1%	1.06%	+11.8%
ACN	Buy	ACCENTURE PLC IRELAND	$12,966,000	+10.7%	67,464	+6.5%	1.06%	+10.0%
INTU	Sell	INTUIT	$11,417,000	+0.5%	42,948	-1.1%	0.93%	-0.1%
MMM	Buy	3M CO	$10,979,000	+1.6%	66,798	+7.1%	0.90%	+0.9%
SBUX	Buy	STARBUCKS CORP	$10,841,000	+5.5%	123,187	+0.7%	0.89%	+4.8%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$10,371,000	-1.8%	187,517	-2.9%	0.85%	-2.4%
AMZN	Buy	AMAZON COM INC	$9,311,000	+0.6%	5,364	+9.9%	0.76%	-0.1%
QCOM	Sell	QUALCOMM INC	$8,515,000	-7.9%	111,627	-8.1%	0.70%	-8.5%
ECL	Buy	ECOLAB INC	$8,021,000	+1.1%	40,571	+0.9%	0.66%	+0.5%
SLB	Buy	SCHLUMBERGER LTD	$6,822,000	-11.4%	199,738	+3.1%	0.56%	-12.0%
SYY	Sell	SYSCO CORP	$6,641,000	-4.4%	83,651	-14.9%	0.54%	-5.1%
ALC	Buy	ALCON INC	$5,769,000	+8.1%	99,057	+15.1%	0.47%	+7.5%
GILD	Sell	GILEAD SCIENCES INC	$5,289,000	-7.6%	83,450	-1.5%	0.43%	-8.1%
APD	Sell	AIR PRODS & CHEMS INC	$5,231,000	-3.1%	23,744	-0.2%	0.43%	-3.6%
ABT	Sell	ABBOTT LABS	$4,950,000	-2.5%	59,157	-2.0%	0.40%	-3.1%
DIS	Buy	DISNEY WALT CO NEW	$4,249,000	+26.3%	32,664	+36.3%	0.35%	+25.3%
MKC	Sell	MCCORMICK & CO INC	$3,426,000	-0.5%	21,921	-1.3%	0.28%	-1.1%
GE	Sell	GENERAL ELECTRIC CO	$3,357,000	-16.1%	375,551	-1.4%	0.28%	-16.4%
PFE	Sell	PFIZER INC	$2,948,000	-17.6%	82,045	-0.6%	0.24%	-18.0%
SHW	Sell	SHERWIN WILLIAMS CO	$2,685,000	+14.9%	4,893	-3.9%	0.22%	+14.6%
V	Sell	VISA INCcl a	$2,103,000	-11.7%	12,223	-11.0%	0.17%	-12.2%
IWM	Sell	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$1,814,000	-4.0%	11,990	-1.3%	0.15%	-4.5%
MCD	Sell	MCDONALDS CORP	$1,716,000	-3.5%	7,994	-6.7%	0.14%	-4.1%
ADBE	Sell	ADOBE INC	$1,643,000	-12.9%	5,950	-7.1%	0.13%	-13.5%
DHR	Sell	DANAHER CORP	$1,547,000	-3.2%	10,712	-4.2%	0.13%	-3.8%
ITW	Sell	ILLINOIS TOOL WKS INC	$1,438,000	-1.3%	9,190	-4.9%	0.12%	-1.7%
EL	Buy	LAUDER ESTEE COS INCcl a	$1,395,000	+11.9%	7,021	+3.1%	0.11%	+10.7%
COST	Sell	COSTCO WHSL CORP NEW	$1,337,000	+1.8%	4,640	-6.7%	0.11%	+0.9%
EFA	Sell	ISHARES MSCI EAFE ETFmsci eafe etf	$1,304,000	-10.3%	20,010	-9.5%	0.11%	-10.8%
VWO	Sell	VANGUARD INTL EQUITY INDEXftse emr mkt etf	$1,275,000	-6.1%	31,668	-0.8%	0.10%	-7.1%
SPGI	Sell	S&P GLOBAL INC	$1,227,000	+6.3%	5,007	-1.1%	0.10%	+5.3%
GLW	Buy	CORNING INC	$1,057,000	-8.6%	37,150	+7.0%	0.09%	-9.5%
UNP	Sell	UNION PACIFIC CORP	$1,040,000	-9.8%	6,423	-5.8%	0.08%	-10.5%
AMGN	Sell	AMGEN INC	$974,000	+5.0%	5,035	-0.0%	0.08%	+5.3%
WFC	Sell	WELLS FARGO CO NEW	$934,000	-30.8%	18,510	-35.1%	0.08%	-31.5%
HD	Sell	HOME DEPOT INC	$821,000	-0.1%	3,538	-10.4%	0.07%	-1.5%
CVX	Sell	CHEVRON CORP NEW	$802,000	-11.3%	6,760	-6.9%	0.07%	-10.8%
BHP	Sell	BHP GROUP LTDsponsored adr	$799,000	-16.1%	16,170	-1.2%	0.06%	-16.7%
CB	Buy	CHUBB LIMITED	$638,000	+11.3%	3,949	+1.6%	0.05%	+10.6%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$594,000	+11.4%	11,700	-0.4%	0.05%	+11.4%
LOW	Sell	LOWES COS INC	$527,000	+8.0%	4,800	-0.6%	0.04%	+7.5%
ABBV	Buy	ABBVIE INC	$484,000	+5.7%	6,400	+1.6%	0.04%	+5.3%
WMT	Sell	WALMART INC	$332,000	+3.8%	2,800	-3.4%	0.03%	+3.8%
IEMG	Sell	ISHARES CORE MSCI EMERGINGcore msci emkt	$293,000	-52.2%	5,985	-49.7%	0.02%	-52.0%
EBAY	Sell	EBAY INC	$289,000	-31.7%	7,400	-30.8%	0.02%	-31.4%
EEM	Sell	ISHARES MSCI EMERGING MKT ETFmsci emg mkt etf	$259,000	-10.7%	6,335	-6.3%	0.02%	-12.5%
IEFA	Sell	ISHARES CORE MSCI EAFE ETFcore msci eafe	$244,000	-48.1%	3,985	-47.8%	0.02%	-48.7%
MDLZ	Buy	MONDELEZ INTERNATIONAL INCcl a	$245,000	+3.8%	4,428	+1.3%	0.02%	+5.3%
RY	Sell	ROYAL BK CDA MONTREAL QUE	$229,000	+1.3%	2,827	-0.9%	0.02%	0.0%
MO	Sell	ALTRIA GROUP INC	$205,000	-17.0%	5,000	-4.2%	0.02%	-15.0%
NKE	New	NIKE INCcl b	$214,000	–	2,276	–	0.02%	–
ES	Exit	EVERSOURCE ENERGY	$0	–	-3,075	–	-0.02%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-2,775	–	-0.04%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIOcl a	$0	–	-11,590	–	-0.06%	–

Q2 2019

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$92,264,000	–	662,418	–	7.59%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$72,913,000	–	440,846	–	6.00%	–
PG	New	PROCTER AND GAMBLE CO	$60,308,000	–	549,641	–	4.96%	–
PEP	New	PEPSICO INC	$58,859,000	–	448,675	–	4.84%	–
MRK	New	MERCK & CO INC	$56,753,000	–	676,230	–	4.67%	–
XOM	New	EXXON MOBIL CORP	$45,519,000	–	594,042	–	3.75%	–
MA	New	MASTERCARD INCcl a	$44,733,000	–	168,905	–	3.68%	–
AAPL	New	APPLE INC	$43,102,000	–	217,401	–	3.55%	–
KO	New	COCA COLA CO	$40,570,000	–	796,557	–	3.34%	–
NVS	New	NOVARTIS AGsponsored adr	$36,502,000	–	399,587	–	3.00%	–
FISV	New	FISERV INC	$33,694,000	–	368,646	–	2.77%	–
MSFT	New	MICROSOFT CORP	$32,772,000	–	244,133	–	2.70%	–
CSCO	New	CISCO SYS INC	$32,405,000	–	592,082	–	2.67%	–
GOOG	New	ALPHABET INCcap stk cl c	$29,930,000	–	27,641	–	2.46%	–
UTX	New	UNITED TECHNOLOGIES CORP	$29,889,000	–	229,403	–	2.46%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$25,372,000	–	119,021	–	2.09%	–
FAST	New	FASTENAL CO	$23,442,000	–	719,172	–	1.93%	–
EMR	New	EMERSON ELEC CO	$22,753,000	–	341,033	–	1.87%	–
TJX	New	TJX COS INC NEW	$21,908,000	–	414,232	–	1.80%	–
KMI	New	KINDER MORGAN INC DEL	$20,780,000	–	995,212	–	1.71%	–
VZ	New	VERIZON COMMUNICATIONS INC	$19,557,000	–	342,376	–	1.61%	–
T	New	AT&T INC	$18,360,000	–	547,994	–	1.51%	–
INTC	New	INTEL CORP	$18,217,000	–	380,325	–	1.50%	–
CAT	New	CATERPILLAR INC DEL	$17,469,000	–	128,174	–	1.44%	–
CL	New	COLGATE PALMOLIVE CO	$16,603,000	–	231,454	–	1.37%	–
UL	New	UNILEVER PLCspon adr new	$15,653,000	–	252,527	–	1.29%	–
EXPD	New	EXPEDITORS INTL WASH INC	$15,235,000	–	200,828	–	1.25%	–
LIN	New	LINDE PLC	$14,947,000	–	74,436	–	1.23%	–
SO	New	SOUTHERN COMPANY	$13,746,000	–	248,667	–	1.13%	–
SYK	New	STRYKER CORP	$13,521,000	–	65,695	–	1.11%	–
STT	New	STATE STRT CORP	$12,781,000	–	227,926	–	1.05%	–
NVO	New	NOVO NORDISK ASadr	$12,785,000	–	250,296	–	1.05%	–
CVS	New	CVS HEALTH CORP	$12,141,000	–	222,646	–	1.00%	–
ACN	New	ACCENTURE PLC IRELAND	$11,711,000	–	63,338	–	0.96%	–
MDT	New	MEDTRONIC PLC	$11,533,000	–	118,259	–	0.95%	–
INTU	New	INTUIT	$11,355,000	–	43,423	–	0.94%	–
MMM	New	3M CO	$10,808,000	–	62,353	–	0.89%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$10,560,000	–	193,153	–	0.87%	–
SBUX	New	STARBUCKS CORP	$10,276,000	–	122,355	–	0.85%	–
AMZN	New	AMAZON COM INC	$9,253,000	–	4,882	–	0.76%	–
QCOM	New	QUALCOMM INC	$9,249,000	–	121,522	–	0.76%	–
ECL	New	ECOLAB INC	$7,930,000	–	40,216	–	0.65%	–
SLB	New	SCHLUMBERGER LTD	$7,700,000	–	193,783	–	0.63%	–
SYY	New	SYSCO CORP	$6,949,000	–	98,266	–	0.57%	–
GILD	New	GILEAD SCIENCES INC	$5,726,000	–	84,733	–	0.47%	–
APD	New	AIR PRODS & CHEMS INC	$5,399,000	–	23,780	–	0.44%	–
ALC	New	ALCON INC	$5,339,000	–	86,064	–	0.44%	–
ABT	New	ABBOTT LABS	$5,075,000	–	60,341	–	0.42%	–
GE	New	GENERAL ELECTRIC CO	$4,001,000	–	381,073	–	0.33%	–
PFE	New	PFIZER INC	$3,577,000	–	82,577	–	0.29%	–
MKC	New	MCCORMICK & CO INC	$3,442,000	–	22,204	–	0.28%	–
DIS	New	DISNEY WALT CO NEW	$3,364,000	–	23,961	–	0.28%	–
JPM	New	JPMORGAN CHASE & CO	$2,902,000	–	25,957	–	0.24%	–
V	New	VISA INCcl a	$2,383,000	–	13,734	–	0.20%	–
SHW	New	SHERWIN WILLIAMS CO	$2,337,000	–	5,093	–	0.19%	–
IWM	New	ISHARES TRrussell 2000 etf	$1,889,000	–	12,150	–	0.16%	–
ADBE	New	ADOBE INC	$1,887,000	–	6,405	–	0.16%	–
MCD	New	MCDONALDS CORP	$1,779,000	–	8,564	–	0.15%	–
DHR	New	DANAHER CORPORATION	$1,598,000	–	11,179	–	0.13%	–
TD	New	TORONTO DOMINION BK ONT	$1,512,000	–	25,800	–	0.12%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,457,000	–	9,665	–	0.12%	–
EFA	New	ISHARES TRmsci eafe etf	$1,454,000	–	22,110	–	0.12%	–
VWO	New	VANGUARD INTL EQUITY INDEXftse emr mkt etf	$1,358,000	–	31,918	–	0.11%	–
WFC	New	WELLS FARGO CO NEW	$1,350,000	–	28,534	–	0.11%	–
COST	New	COSTCO WHSL CORP NEW	$1,314,000	–	4,974	–	0.11%	–
EL	New	LAUDER ESTEE COS INCcl a	$1,247,000	–	6,811	–	0.10%	–
IBM	New	INTL. BUSINESS MACHS	$1,204,000	–	8,728	–	0.10%	–
SPGI	New	S&P GLOBAL INC	$1,154,000	–	5,064	–	0.10%	–
GLW	New	CORNING INC	$1,156,000	–	34,720	–	0.10%	–
UNP	New	UNION PACIFIC CORP	$1,153,000	–	6,818	–	0.10%	–
NTRS	New	NORTHERN TR CORP	$1,049,000	–	11,645	–	0.09%	–
PYPL	New	PAYPAL HLDGS INC	$950,000	–	8,300	–	0.08%	–
BHP	New	BHP GROUP LTDsponsored adr	$952,000	–	16,370	–	0.08%	–
AMGN	New	AMGEN INC	$928,000	–	5,037	–	0.08%	–
CVX	New	CHEVRON CORP NEW	$904,000	–	7,260	–	0.07%	–
HD	New	HOME DEPOT INC	$822,000	–	3,949	–	0.07%	–
GIS	New	GENERAL MLS INC	$758,000	–	14,435	–	0.06%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$735,000	–	11,590	–	0.06%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$649,000	–	9,980	–	0.05%	–
IEMG	New	ISHARES INCcore msci emkt	$613,000	–	11,900	–	0.05%	–
CB	New	CHUBB LIMITED	$573,000	–	3,885	–	0.05%	–
GOOGL	New	ALPHABET INCcap stk cl a	$549,000	–	507	–	0.04%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$533,000	–	11,752	–	0.04%	–
LOW	New	LOWES COS INC	$488,000	–	4,828	–	0.04%	–
IEFA	New	ISHARES TRcore msci eafe	$470,000	–	7,635	–	0.04%	–
ABBV	New	ABBVIE INC	$458,000	–	6,300	–	0.04%	–
PXD	New	PIONEER NAT RES CO	$423,000	–	2,775	–	0.04%	–
EBAY	New	EBAY INC	$423,000	–	10,700	–	0.04%	–
EW	New	EDWARDS LIFESCIENCES CORP	$406,000	–	2,200	–	0.03%	–
RTN	New	RAYTHEON CO	$370,000	–	2,128	–	0.03%	–
BAX	New	BAXTER INTL INC	$351,000	–	4,290	–	0.03%	–
JKHY	New	HENRY JACK & ASSOC INC	$343,000	–	2,559	–	0.03%	–
INDB	New	INDEPENDENT BK CORP MA	$339,000	–	4,450	–	0.03%	–
WMT	New	WALMART INC	$320,000	–	2,900	–	0.03%	–
DE	New	DEERE & CO	$298,000	–	1,800	–	0.02%	–
EEM	New	ISHARES TRmsci emg mkt etf	$290,000	–	6,760	–	0.02%	–
MO	New	ALTRIA GROUP INC	$247,000	–	5,220	–	0.02%	–
D	New	DOMINION ENERGY INC	$247,000	–	3,200	–	0.02%	–
ES	New	EVERSOURCE ENERGY	$233,000	–	3,075	–	0.02%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$231,000	–	650	–	0.02%	–
RY	New	ROYAL BK CDA MONTREAL QUE	$226,000	–	2,852	–	0.02%	–
VGT	New	VANGUARD WORLD FDSinf tech etf	$232,000	–	1,100	–	0.02%	–
MDLZ	New	MONDELEZ INTERNATIONAL INCcl a	$236,000	–	4,372	–	0.02%	–
AVY	New	AVERY DENNISON CORP	$231,000	–	2,000	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$217,000	–	735	–	0.02%	–

Q4 2018

			Value		Shares		↓ Weighting
BA	Exit	BOEING CO	$0	–	-550	–	-0.02%	–
VGT	Exit	VANGUARD WORLD FUNDSinf tech etf	$0	–	-1,100	–	-0.02%	–
PPG	Exit	PPG INDS INC	$0	–	-1,984	–	-0.02%	–
AVY	Exit	AVERY DENNISON CORP	$0	–	-2,000	–	-0.02%	–
RY	Exit	ROYAL BANK CDA MONTREAL QDA	$0	–	-2,852	–	-0.02%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-2,800	–	-0.02%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-7,417	–	-0.02%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&p dcrp	$0	–	-650	–	-0.02%	–
BIIB	Exit	BIOGEN INC	$0	–	-702	–	-0.02%	–
WMT	Exit	WALMART INC	$0	–	-2,800	–	-0.02%	–
DE	Exit	DEERE & CO	$0	–	-1,800	–	-0.02%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-2,600	–	-0.02%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,220	–	-0.03%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-7,710	–	-0.03%	–
D	Exit	DOMINION ENERGY INC	$0	–	-4,836	–	-0.03%	–
INDB	Exit	INDEPENDENT BANK CORP MASS	$0	–	-4,450	–	-0.03%	–
IVV	Exit	ISHARES TRcore s&p 500 etf	$0	–	-3,035	–	-0.03%	–
BAX	Exit	BAXTER INTL INC	$0	–	-5,040	–	-0.03%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-2,200	–	-0.03%	–
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-2,559	–	-0.03%	–
EBAY	Exit	EBAY INC	$0	–	-12,300	–	-0.03%	–
RTN	Exit	RAYTHEON CO	$0	–	-2,400	–	-0.04%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-2,875	–	-0.04%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-3,675	–	-0.04%	–
LOW	Exit	LOWES COS INC	$0	–	-4,550	–	-0.04%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-9,485	–	-0.05%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-9,598	–	-0.05%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-533	–	-0.05%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr b	$0	–	-9,980	–	-0.06%	–
GIS	Exit	GENERAL MLS INC	$0	–	-15,735	–	-0.06%	–
IEMG	Exit	ISHARES TRcore msci emkt	$0	–	-12,975	–	-0.06%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-19,600	–	-0.06%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-11,700	–	-0.06%	–
ORCL	Exit	ORACLE CORP	$0	–	-14,200	–	-0.06%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-8,500	–	-0.06%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-15,570	–	-0.06%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,884	–	-0.07%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-6,726	–	-0.07%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIONS CORPcl a	$0	–	-11,140	–	-0.07%	–
PNC	Exit	PNC FINL SVCS GROUP	$0	–	-6,400	–	-0.07%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-5,950	–	-0.08%	–
AMGN	Exit	AMGEN INC	$0	–	-5,087	–	-0.09%	–
UNP	Exit	UNION PAC CORP	$0	–	-6,518	–	-0.09%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-4,600	–	-0.09%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-10,459	–	-0.09%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-5,873	–	-0.10%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-11,645	–	-0.10%	–
GLW	Exit	CORNING INC	$0	–	-34,975	–	-0.10%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-8,799	–	-0.10%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS CORP	$0	–	-8,728	–	-0.11%	–
MCD	Exit	MCDONALDS CORP	$0	–	-8,190	–	-0.11%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-34,700	–	-0.12%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-28,855	–	-0.13%	–
CI	Exit	CIGNA CORP	$0	–	-7,350	–	-0.13%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-25,800	–	-0.13%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-23,960	–	-0.14%	–
ABBV	Exit	ABBVIE INC	$0	–	-19,480	–	-0.15%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-6,905	–	-0.15%	–
V	Exit	VISA INC	$0	–	-13,114	–	-0.16%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-12,105	–	-0.17%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-4,875	–	-0.18%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-24,329	–	-0.23%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-22,254	–	-0.24%	–
ECL	Exit	ECOLAB INC	$0	–	-21,495	–	-0.28%	–
PFE	Exit	PFIZER INC	$0	–	-85,684	–	-0.31%	–
ABT	Exit	ABBOTT LABS	$0	–	-61,661	–	-0.38%	–
T	Exit	AT&T INC	$0	–	-146,689	–	-0.41%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-31,168	–	-0.44%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-124,566	–	-0.58%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-4,351	–	-0.72%	–
INTU	Exit	INTUIT	$0	–	-45,037	–	-0.85%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-108,372	–	-0.89%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-230,326	–	-0.90%	–
SO	Exit	SOUTHERN CO	$0	–	-250,141	–	-0.90%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-149,777	–	-0.96%	–
MMM	Exit	3M CO	$0	–	-55,214	–	-0.96%	–
SYK	Exit	STRYKER CORP	$0	–	-65,981	–	-0.97%	–
QCOM	Exit	QUALCOMM INC	$0	–	-181,899	–	-1.09%	–
UL	Exit	UNILEVER PLCspon adr new	$0	–	-252,155	–	-1.15%	–
SYY	Exit	SYSCO CORP	$0	–	-189,816	–	-1.15%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-196,319	–	-1.19%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-238,696	–	-1.21%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-202,151	–	-1.23%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-929,452	–	-1.37%	–
PX	Exit	PRAXAIR INC	$0	–	-102,853	–	-1.37%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-223,217	–	-1.46%	–
INTC	Exit	INTEL CORP	$0	–	-379,916	–	-1.48%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-340,514	–	-1.51%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-1,618,975	–	-1.52%	–
STT	Exit	STATE STR CORP	$0	–	-219,501	–	-1.52%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-129,139	–	-1.63%	–
FAST	Exit	FASTENAL CO	$0	–	-361,667	–	-1.74%	–
TJX	Exit	TJX COS INC NEW	$0	–	-205,645	–	-1.91%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-362,170	–	-2.01%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELclb new	$0	–	-119,587	–	-2.12%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-244,803	–	-2.32%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-596,379	–	-2.40%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-228,935	–	-2.65%	–
FISV	Exit	FISERV INC	$0	–	-389,707	–	-2.66%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-27,541	–	-2.72%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-464,391	–	-2.95%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-419,382	–	-3.00%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-168,367	–	-3.11%	–
KO	Exit	COCA COLA CO	$0	–	-832,926	–	-3.19%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-579,835	–	-4.00%	–
MRK	Exit	MERCK & CO INC	$0	–	-683,372	–	-4.02%	–
AAPL	Exit	APPLE INC	$0	–	-220,993	–	-4.14%	–
PEP	Exit	PEPSICO INC	$0	–	-451,255	–	-4.18%	–
XOM	Exit	EXXONMOBIL CORP	$0	–	-595,512	–	-4.20%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-449,857	–	-5.62%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-703,389	–	-8.06%	–

Q3 2018

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$97,254,000	+13.4%	703,389	-0.5%	8.06%	+5.0%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$67,778,000	+10.7%	449,857	-1.4%	5.62%	+2.6%
XOM	Sell	EXXONMOBIL CORP	$50,663,000	+2.3%	595,512	-0.5%	4.20%	-5.2%
PEP	Sell	PEPSICO INC	$50,414,000	+2.4%	451,255	-0.2%	4.18%	-5.2%
AAPL	Sell	APPLE INC	$49,920,000	+20.9%	220,993	-0.9%	4.14%	+12.0%
MRK	Sell	MERCK & CO INC	$48,513,000	+16.6%	683,372	-0.3%	4.02%	+7.9%
PG	Sell	PROCTER & GAMBLE CO	$48,282,000	+4.9%	579,835	-1.7%	4.00%	-2.9%
KO	Sell	COCA COLA CO	$38,474,000	+3.1%	832,926	-2.1%	3.19%	-4.5%
MA	Buy	MASTERCARD INCORPORATEDcl a	$37,508,000	+14.0%	168,367	+1.3%	3.11%	+5.6%
NVS	Sell	NOVARTIS A Gsponsored adr	$36,139,000	+13.8%	419,382	-0.2%	3.00%	+5.4%
EMR	Sell	EMERSON ELEC CO	$35,607,000	-0.7%	464,391	-10.5%	2.95%	-8.0%
GOOG	Buy	ALPHABET INCcap stk cl c	$32,875,000	+7.5%	27,541	+0.4%	2.72%	-0.5%
FISV	Sell	FISERV INC	$32,040,000	+8.9%	389,707	-1.9%	2.66%	+0.9%
UTX	Sell	UNITED TECHNOLOGIES CORP	$32,027,000	+11.6%	228,935	-0.3%	2.65%	+3.3%
CSCO	Buy	CISCO SYSTEMS INC	$29,024,000	+14.4%	596,379	+1.2%	2.40%	+5.9%
MSFT	Sell	MICROSOFT CORP	$28,052,000	+14.8%	244,803	-1.2%	2.32%	+6.4%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELclb new	$25,605,000	+13.9%	119,587	-0.7%	2.12%	+5.5%
CL	Sell	COLGATE PALMOLIVE CO	$24,252,000	-6.6%	362,170	-9.6%	2.01%	-13.4%
TJX	Buy	TJX COS INC NEW	$23,040,000	+22.5%	205,645	+4.1%	1.91%	+13.4%
FAST	Buy	FASTENAL CO	$20,982,000	+21.5%	361,667	+0.8%	1.74%	+12.6%
CAT	Sell	CATERPILLAR INC DEL	$19,692,000	+11.6%	129,139	-0.7%	1.63%	+3.4%
STT	Buy	STATE STR CORP	$18,400,000	-9.3%	219,501	+0.7%	1.52%	-16.0%
GE	Sell	GENERAL ELECTRIC CO	$18,286,000	-25.4%	1,618,975	-10.1%	1.52%	-30.9%
VZ	Buy	VERIZON COMMUNICATIONS INC	$18,183,000	+10.4%	340,514	+4.0%	1.51%	+2.2%
INTC	Sell	INTEL CORP	$17,913,000	-6.0%	379,916	-0.9%	1.48%	-12.9%
CVS	Buy	CVS HEALTH CORP	$17,589,000	+23.5%	223,217	+0.9%	1.46%	+14.4%
PX	Sell	PRAXAIR INC	$16,537,000	-22.0%	102,853	-23.3%	1.37%	-27.8%
KMI	Buy	KINDER MORGAN INC DEL	$16,508,000	+9.5%	929,452	+8.9%	1.37%	+1.4%
EXPD	Sell	EXPEDITORS INTL WASH INC	$14,863,000	+0.4%	202,151	-0.2%	1.23%	-6.9%
SLB	Sell	SCHLUMBERGER LTD	$14,549,000	-11.1%	238,696	-2.2%	1.21%	-17.6%
WBA	Buy	WALGREENS BOOTS ALLIANCE INC	$14,311,000	+21.5%	196,319	+0.1%	1.19%	+12.6%
SYY	Sell	SYSCO CORP	$13,903,000	-14.1%	189,816	-19.9%	1.15%	-20.4%
UL	Sell	UNILEVER PLCspon adr new	$13,875,000	-0.6%	252,155	-0.1%	1.15%	-7.9%
QCOM	Sell	QUALCOMM INC	$13,117,000	+25.9%	181,899	-2.1%	1.09%	+16.6%
SYK	Sell	STRYKER CORP	$11,741,000	+4.6%	65,981	-0.7%	0.97%	-3.1%
MMM	Sell	3M CO	$11,635,000	+6.5%	55,214	-0.5%	0.96%	-1.3%
GILD	Sell	GILEAD SCIENCES INC	$11,577,000	+7.5%	149,777	-1.5%	0.96%	-0.5%
SO	Buy	SOUTHERN CO	$10,906,000	-4.5%	250,141	+1.4%	0.90%	-11.5%
NVO	Buy	NOVO-NORDISK A Sadr	$10,845,000	+5.0%	230,326	+2.8%	0.90%	-2.7%
MDT	Buy	MEDTRONIC PLC	$10,686,000	+17.1%	108,372	+1.7%	0.89%	+8.6%
INTU	Buy	INTUIT	$10,243,000	+12.4%	45,037	+1.0%	0.85%	+4.2%
AMZN	Buy	AMAZON.COM INC	$8,715,000	+23.5%	4,351	+4.8%	0.72%	+14.2%
SBUX	Buy	STARBUCKS CORP	$7,045,000	+15.9%	124,566	+0.1%	0.58%	+7.4%
ACN	Buy	ACCENTURE PLC IRELAND	$5,310,000	+267.0%	31,168	+252.5%	0.44%	+241.1%
T	Buy	AT&T INC	$4,924,000	+54.5%	146,689	+47.7%	0.41%	+43.2%
ABT	Sell	ABBOTT LABS	$4,523,000	+15.0%	61,661	-4.4%	0.38%	+6.5%
PFE	Sell	PFIZER INC	$3,776,000	+19.3%	85,684	-1.7%	0.31%	+10.6%
ECL	Buy	ECOLAB INC	$3,372,000	+356.3%	21,495	+308.3%	0.28%	+322.7%
MKC	Buy	MCCORMICK & CO INC	$2,932,000	+14.4%	22,254	+0.8%	0.24%	+6.1%
JPM	Sell	JP MORGAN CHASE & CO	$2,745,000	+1.6%	24,329	-6.2%	0.23%	-6.2%
SHW	Buy	SHERWIN WILLIAMS CO	$2,221,000	+389.2%	4,875	+337.2%	0.18%	+348.8%
IWM	Sell	ISHARES TRrussell 2000 etf	$2,040,000	-7.0%	12,105	-9.6%	0.17%	-13.8%
V	Sell	VISA INC	$1,969,000	+7.8%	13,114	-4.9%	0.16%	0.0%
ADBE	Sell	ADOBE SYS INC	$1,864,000	+3.3%	6,905	-6.8%	0.15%	-4.3%
ABBV	Sell	ABBVIE INC	$1,843,000	-0.9%	19,480	-3.0%	0.15%	-7.8%
CI	Sell	CIGNA CORP	$1,531,000	+10.5%	7,350	-9.8%	0.13%	+2.4%
WFC	Sell	WELLS FARGO CO NEW	$1,516,000	-7.4%	28,855	-2.3%	0.13%	-14.3%
MCD	Sell	MCDONALDS CORP	$1,370,000	+0.3%	8,190	-6.0%	0.11%	-6.6%
ITW	Sell	ILLINOIS TOOL WKS INC	$1,242,000	-2.6%	8,799	-4.3%	0.10%	-9.6%
GLW	Buy	CORNING INC	$1,235,000	+29.0%	34,975	+0.5%	0.10%	+18.6%
NTRS	Sell	NORTHERN TR CORP	$1,190,000	-4.0%	11,645	-3.4%	0.10%	-10.8%
DHR	Sell	DANAHER CORP DEL	$1,136,000	+3.6%	10,459	-5.9%	0.09%	-4.1%
COST	Sell	COSTCO WHSL CORP NEW	$1,080,000	+3.8%	4,600	-7.5%	0.09%	-4.3%
UNP	Sell	UNION PAC CORP	$1,061,000	+7.4%	6,518	-6.5%	0.09%	0.0%
APD	Sell	AIR PRODS & CHEMS INC	$994,000	-1.0%	5,950	-7.8%	0.08%	-8.9%
PNC	Sell	PNC FINL SVCS GROUP	$872,000	-7.8%	6,400	-8.6%	0.07%	-15.3%
CTSH	Sell	COGNIZANT TECHNOLOGY SOLUTIONS CORPcl a	$859,000	-9.7%	11,140	-7.5%	0.07%	-16.5%
HD	Buy	HOME DEPOT INC	$805,000	+7.5%	3,884	+1.2%	0.07%	0.0%
BHP	Buy	BHP BILLITON LTDsponsored adr	$776,000	+3.7%	15,570	+4.1%	0.06%	-4.5%
CMCSA	Sell	COMCAST CORP NEWcl a	$694,000	-1.1%	19,600	-8.4%	0.06%	-7.9%
IEMG	Buy	ISHARES TRcore msci emkt	$672,000	+10.0%	12,975	+11.5%	0.06%	+1.8%
IEFA	Sell	ISHARES TRcore msci eafe	$608,000	-3.2%	9,485	-4.2%	0.05%	-10.7%
DEO	Sell	DIAGEO P L Cspon adr new	$521,000	-34.3%	3,675	-33.2%	0.04%	-39.4%
PXD	Buy	PIONEER NAT RES CO	$507,000	+2.0%	2,875	+9.5%	0.04%	-4.5%
IVV	Buy	ISHARES TRcore s&p 500 etf	$372,000	+85.1%	3,035	+312.9%	0.03%	+72.2%
EEM	Buy	ISHARES TRmsci emg mkt etf	$331,000	+8.5%	7,710	+9.8%	0.03%	0.0%
WMT	Sell	WALMART INC	$263,000	-23.1%	2,800	-15.8%	0.02%	-29.0%
VGT	New	VANGUARD WORLD FUNDSinf tech etf	$223,000	–	1,100	–	0.02%	–
BA	New	BOEING CO	$205,000	–	550	–	0.02%	–

Q2 2018

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$85,751,000	–	706,701	–	7.67%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$61,218,000	–	456,378	–	5.48%	–
XOM	New	EXXON MOBIL CORP	$49,504,000	–	598,378	–	4.43%	–
PEP	New	PEPSICO INC	$49,243,000	–	452,309	–	4.41%	–
PG	New	PROCTER AND GAMBLE CO	$46,047,000	–	589,884	–	4.12%	–
MRK	New	MERCK & CO INC	$41,620,000	–	685,667	–	3.72%	–
AAPL	New	APPLE INC	$41,290,000	–	223,058	–	3.69%	–
KO	New	COCA COLA CO	$37,309,000	–	850,652	–	3.34%	–
EMR	New	EMERSON ELEC CO	$35,857,000	–	518,612	–	3.21%	–
MA	New	MASTERCARD INCORPORATEDcl a	$32,891,000	–	166,170	–	2.94%	–
NVS	New	NOVARTIS A Gsponsored adr	$31,750,000	–	420,307	–	2.84%	–
GOOG	New	ALPHABET INCcap stk cl c	$30,591,000	–	27,420	–	2.74%	–
FISV	New	FISERV INC	$29,421,000	–	397,102	–	2.63%	–
UTX	New	UNITED TECHNOLOGIES CORP	$28,697,000	–	229,520	–	2.57%	–
CL	New	COLGATE PALMOLIVE CO	$25,953,000	–	400,460	–	2.32%	–
CSCO	New	CISCO SYS INC	$25,369,000	–	589,566	–	2.27%	–
GE	New	GENERAL ELECTRIC	$24,518,000	–	1,801,484	–	2.19%	–
MSFT	New	MICROSOFT CORP	$24,435,000	–	247,798	–	2.19%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$22,483,000	–	120,452	–	2.01%	–
PX	New	PRAXAIR INC	$21,199,000	–	134,042	–	1.90%	–
STT	New	STATE STR CORP	$20,296,000	–	218,036	–	1.82%	–
INTC	New	INTEL CORP	$19,050,000	–	383,226	–	1.70%	–
TJX	New	TJX COS INC NEW	$18,810,000	–	197,628	–	1.68%	–
CAT	New	CATERPILLAR INC DEL	$17,649,000	–	130,089	–	1.58%	–
FAST	New	FASTENAL CO	$17,266,000	–	358,742	–	1.54%	–
VZ	New	VERIZON COMMUNICATIONS INC	$16,473,000	–	327,429	–	1.47%	–
SLB	New	SCHLUMBERGER LTD	$16,359,000	–	244,051	–	1.46%	–
SYY	New	SYSCO CORP	$16,176,000	–	236,871	–	1.45%	–
KMI	New	KINDER MORGAN INC DEL	$15,074,000	–	853,130	–	1.35%	–
EXPD	New	EXPEDITORS INTL WASH INC	$14,801,000	–	202,476	–	1.32%	–
CVS	New	CVS HEALTH CORP	$14,242,000	–	221,331	–	1.27%	–
UL	New	UNILEVER PLCspon adr new	$13,959,000	–	252,505	–	1.25%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$11,774,000	–	196,174	–	1.05%	–
SO	New	SOUTHERN CO	$11,422,000	–	246,641	–	1.02%	–
SYK	New	STRYKER CORP	$11,225,000	–	66,470	–	1.00%	–
MMM	New	3M CO	$10,920,000	–	55,509	–	0.98%	–
GILD	New	GILEAD SCIENCES INC	$10,772,000	–	152,067	–	0.96%	–
QCOM	New	QUALCOMM INC	$10,422,000	–	185,715	–	0.93%	–
NVO	New	NOVO-NORDISK A Sadr	$10,331,000	–	224,005	–	0.92%	–
MDT	New	MEDTRONIC PLC	$9,122,000	–	106,561	–	0.82%	–
INTU	New	INTUIT	$9,110,000	–	44,589	–	0.82%	–
AMZN	New	AMAZON COM INC	$7,058,000	–	4,152	–	0.63%	–
SBUX	New	STARBUCKS CORP	$6,079,000	–	124,452	–	0.54%	–
ABT	New	ABBOTT LABS	$3,933,000	–	64,486	–	0.35%	–
T	New	AT&T INC	$3,188,000	–	99,289	–	0.28%	–
PFE	New	PFIZER INC	$3,164,000	–	87,184	–	0.28%	–
JPM	New	JPMORGAN CHASE & CO	$2,703,000	–	25,937	–	0.24%	–
MKC	New	MCCORMICK & CO INC	$2,562,000	–	22,070	–	0.23%	–
IWM	New	ISHARES TRrussell 2000 etf	$2,194,000	–	13,395	–	0.20%	–
ABBV	New	ABBVIE INC	$1,860,000	–	20,080	–	0.17%	–
V	New	VISA INC	$1,827,000	–	13,794	–	0.16%	–
ADBE	New	ADOBE SYS INC	$1,805,000	–	7,405	–	0.16%	–
WFC	New	WELLS FARGO CO NEW	$1,638,000	–	29,540	–	0.15%	–
EFA	New	ISHARES TRmsci eafe etf	$1,605,000	–	23,960	–	0.14%	–
TD	New	TORONTO DOMINION BK ONT	$1,493,000	–	25,800	–	0.13%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$1,464,000	–	34,700	–	0.13%	–
ACN	New	ACCENTURE PLC IRELAND	$1,447,000	–	8,843	–	0.13%	–
CI	New	CIGNA CORPORATION	$1,385,000	–	8,150	–	0.12%	–
MCD	New	MCDONALDS CORP	$1,366,000	–	8,715	–	0.12%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,275,000	–	9,199	–	0.11%	–
NTRS	New	NORTHERN TR CORP	$1,240,000	–	12,055	–	0.11%	–
IBM	New	INTL. BUSINESS MACHS	$1,219,000	–	8,728	–	0.11%	–
SPGI	New	S&P GLOBAL INC	$1,197,000	–	5,873	–	0.11%	–
DHR	New	DANAHER CORP DEL	$1,096,000	–	11,109	–	0.10%	–
COST	New	COSTCO WHSL CORP NEW	$1,040,000	–	4,975	–	0.09%	–
APD	New	AIR PRODS & CHEMS INC	$1,004,000	–	6,450	–	0.09%	–
UNP	New	UNION PAC CORP	$988,000	–	6,968	–	0.09%	–
GLW	New	CORNING INC	$957,000	–	34,800	–	0.09%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$951,000	–	12,040	–	0.08%	–
PNC	New	PNC FINL SVCS GROUP INC	$946,000	–	7,000	–	0.08%	–
AMGN	New	AMGEN INC	$939,000	–	5,087	–	0.08%	–
CVX	New	CHEVRON CORPORATION NEW	$851,000	–	6,726	–	0.08%	–
DEO	New	DIAGEO P L Cspon adr new	$793,000	–	5,505	–	0.07%	–
BHP	New	BHP BILLITON LTDsponsored adr	$748,000	–	14,950	–	0.07%	–
HD	New	HOME DEPOT INC	$749,000	–	3,839	–	0.07%	–
ECL	New	ECOLAB INC	$739,000	–	5,265	–	0.07%	–
CMCSA	New	COMCAST CORP NEWcl a	$702,000	–	21,400	–	0.06%	–
PYPL	New	PAYPAL HLDGS INC	$708,000	–	8,500	–	0.06%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$691,000	–	9,980	–	0.06%	–
GIS	New	GENERAL MLS INC	$696,000	–	15,735	–	0.06%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$648,000	–	11,700	–	0.06%	–
DWDP	New	DOWDUPONT INC	$633,000	–	9,598	–	0.06%	–
IEFA	New	ISHARES TRcore msci eafe	$628,000	–	9,900	–	0.06%	–
ORCL	New	ORACLE CORP	$625,000	–	14,200	–	0.06%	–
IEMG	New	ISHARES INCcore msci emkt	$611,000	–	11,635	–	0.06%	–
GOOGL	New	ALPHABET INCcap stk cl a	$602,000	–	533	–	0.05%	–
PXD	New	PIONEER NAT RES CO	$497,000	–	2,625	–	0.04%	–
RTN	New	RAYTHEON CO	$464,000	–	2,400	–	0.04%	–
SHW	New	SHERWIN WILLIAMS CO	$454,000	–	1,115	–	0.04%	–
EBAY	New	EBAY INC	$446,000	–	12,300	–	0.04%	–
LOW	New	LOWES COS INC	$435,000	–	4,550	–	0.04%	–
BAX	New	BAXTER INTL INC	$372,000	–	5,040	–	0.03%	–
INDB	New	INDEPENDENT BANK CORP MASS	$349,000	–	4,450	–	0.03%	–
WMT	New	WALMART INC	$342,000	–	3,325	–	0.03%	–
D	New	DOMINION ENERGY INC	$330,000	–	4,836	–	0.03%	–
JKHY	New	HENRY JACK & ASSOC INC	$334,000	–	2,559	–	0.03%	–
EW	New	EDWARDS LIFESCIENCES CORP	$320,000	–	2,200	–	0.03%	–
EEM	New	ISHARES TRmsci emg mkt etf	$305,000	–	7,025	–	0.03%	–
MO	New	ALTRIA GROUP INC	$296,000	–	5,220	–	0.03%	–
WY	New	WEYERHAEUSER CO	$270,000	–	7,417	–	0.02%	–
DE	New	DEERE & CO	$252,000	–	1,800	–	0.02%	–
AXP	New	AMERICAN EXPRESS CO	$255,000	–	2,600	–	0.02%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$231,000	–	650	–	0.02%	–
PM	New	PHILIP MORRIS INTL INC	$226,000	–	2,800	–	0.02%	–
RY	New	ROYAL BK CDA MONTREAL QUE	$215,000	–	2,852	–	0.02%	–
AVY	New	AVERY DENNISON CORP	$204,000	–	2,000	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$201,000	–	735	–	0.02%	–
PPG	New	PPG INDS INC	$206,000	–	1,984	–	0.02%	–
BIIB	New	BIOGEN INC	$204,000	–	702	–	0.02%	–

Q4 2017

			Value		Shares		↓ Weighting
AXAS	Exit	ABRAXAS PETE CORP	$0	–	-6,000	–	-0.00%	–
PPG	Exit	PPG INDUSTRIES INC	$0	–	-1,984	–	-0.02%	–
DE	Exit	DEERE & CO	$0	–	-1,800	–	-0.02%	–
RY	Exit	ROYAL BANK OF CANADA	$0	–	-2,852	–	-0.02%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-2,800	–	-0.02%	–
BIIB	Exit	BIOGEN INC	$0	–	-702	–	-0.02%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-1,618	–	-0.02%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$0	–	-715	–	-0.02%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-5,765	–	-0.02%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-2,200	–	-0.02%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-2,600	–	-0.02%	–
EV	Exit	EATON VANCE CORP	$0	–	-4,660	–	-0.02%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-2,050	–	-0.02%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-7,417	–	-0.02%	–
NKE	Exit	NIKE INCcl b	$0	–	-4,854	–	-0.02%	–
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-2,559	–	-0.02%	–
BAX	Exit	BAXTER INTL INC	$0	–	-5,040	–	-0.03%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-2,800	–	-0.03%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-900	–	-0.03%	–
INDB	Exit	INDEPENDENT BANK CORP MASS	$0	–	-4,450	–	-0.03%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,725	–	-0.03%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-7,970	–	-0.03%	–
CB	Exit	CHUBB LIMITED	$0	–	-2,490	–	-0.03%	–
LOW	Exit	LOWES COS INC	$0	–	-4,550	–	-0.03%	–
ECL	Exit	ECOLAB INC	$0	–	-3,440	–	-0.04%	–
D	Exit	DOMINION ENERGY INC	$0	–	-5,836	–	-0.04%	–
EBAY	Exit	EBAY INC	$0	–	-14,050	–	-0.05%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-8,600	–	-0.05%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,639	–	-0.05%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-649	–	-0.06%	–
RDSA	Exit	ROYAL DUTCH SHELL SPONS ADRspons adr a	$0	–	-10,546	–	-0.06%	–
AMGN	Exit	AMGEN INC	$0	–	-3,925	–	-0.06%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-11,700	–	-0.07%	–
ORCL	Exit	ORACLE CORP	$0	–	-15,900	–	-0.07%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-5,945	–	-0.07%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-18,200	–	-0.07%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-4,975	–	-0.07%	–
GIS	Exit	GENERAL MLS INC	$0	–	-15,935	–	-0.07%	–
UNP	Exit	UNION PAC CORP	$0	–	-7,128	–	-0.07%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIONS CORP	$0	–	-11,590	–	-0.08%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-12,399	–	-0.08%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-7,753	–	-0.08%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-24,000	–	-0.08%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-7,028	–	-0.08%	–
DHR	Exit	DANAHER CORP	$0	–	-11,409	–	-0.09%	–
GLW	Exit	CORNING INC	$0	–	-33,300	–	-0.09%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-7,405	–	-0.10%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-7,506	–	-0.10%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-8,233	–	-0.12%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-9,049	–	-0.12%	–
MCD	Exit	MCDONALDS CORP	$0	–	-8,725	–	-0.12%	–
V	Exit	VISA INC CL A	$0	–	-13,594	–	-0.13%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-15,540	–	-0.13%	–
TD	Exit	TORONTO DOMINION BANK	$0	–	-25,800	–	-0.13%	–
CI	Exit	CIGNA CORP	$0	–	-8,150	–	-0.14%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-11,028	–	-0.14%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-23,895	–	-0.15%	–
ABBV	Exit	ABBVIE INC	$0	–	-20,980	–	-0.17%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-35,404	–	-0.17%	–
RTN	Exit	RAYTHEON COMPANY	$0	–	-10,500	–	-0.18%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-15,344	–	-0.20%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-22,395	–	-0.20%	–
AMZN	Exit	AMAZON COM INC	$0	–	-2,516	–	-0.22%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-26,823	–	-0.23%	–
PFE	Exit	PFIZER INC	$0	–	-87,163	–	-0.28%	–
ABT	Exit	ABBOTT LABS	$0	–	-71,891	–	-0.34%	–
T	Exit	AT&T INC	$0	–	-99,157	–	-0.35%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-110,742	–	-0.53%	–
INTU	Exit	INTUIT INC	$0	–	-45,404	–	-0.58%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-99,691	–	-0.69%	–
SYK	Exit	STRYKER CORPORATION	$0	–	-66,685	–	-0.85%	–
MON	Exit	MONSANTO CO NEW	$0	–	-79,804	–	-0.86%	–
QCOM	Exit	QUALCOMM INC	$0	–	-188,894	–	-0.88%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-215,955	–	-0.93%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-226,942	–	-1.00%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-607,549	–	-1.04%	–
MMM	Exit	3M CO	$0	–	-56,014	–	-1.05%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-201,746	–	-1.08%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-156,025	–	-1.13%	–
TJX	Exit	TJX COS INC	$0	–	-182,978	–	-1.20%	–
UL	Exit	UNILEVER PLC SPONS ADRspon adr new	$0	–	-251,871	–	-1.30%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-193,374	–	-1.33%	–
SYY	Exit	SYSCO CORP	$0	–	-280,274	–	-1.35%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-307,270	–	-1.36%	–
INTC	Exit	INTEL CORP	$0	–	-404,367	–	-1.38%	–
FAST	Exit	FASTENAL CO	$0	–	-360,541	–	-1.47%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-223,965	–	-1.63%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-246,241	–	-1.64%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-267,575	–	-1.67%	–
CAT	Exit	CATERPILLAR INC	$0	–	-155,740	–	-1.74%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-580,734	–	-1.75%	–
STT	Exit	STATE STREET CORP	$0	–	-218,315	–	-1.86%	–
PX	Exit	PRAXAIR INC	$0	–	-151,450	–	-1.89%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-119,447	–	-1.96%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-167,575	–	-2.12%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-26,560	–	-2.28%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-229,811	–	-2.39%	–
FISV	Exit	FISERV INC	$0	–	-208,177	–	-2.40%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-407,779	–	-2.66%	–
AAPL	Exit	APPLE INC	$0	–	-222,723	–	-3.07%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-554,253	–	-3.11%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-419,073	–	-3.22%	–
KO	Exit	COCA COLA CO	$0	–	-868,733	–	-3.49%	–
MRK	Exit	MERCK & CO INC	$0	–	-685,405	–	-3.92%	–
XOM	Exit	EXXONMOBIL CORP	$0	–	-610,765	–	-4.47%	–
PEP	Exit	PEPSICO INC	$0	–	-456,409	–	-4.54%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-470,280	–	-4.59%	–
GE	Exit	GENERAL ELECTRIC CORP	$0	–	-2,159,749	–	-4.67%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-605,492	–	-4.93%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-711,102	–	-8.27%	–

Q3 2017

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$92,505,000	-3.1%	711,102	-1.4%	8.27%	-5.1%
PG	Sell	PROCTER & GAMBLE CO	$55,130,000	-9.9%	605,492	-13.7%	4.93%	-11.8%
GE	Buy	GENERAL ELECTRIC CORP	$52,268,000	-10.1%	2,159,749	+0.4%	4.67%	-12.0%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$51,411,000	+6.3%	470,280	-0.4%	4.59%	+4.0%
PEP	Sell	PEPSICO INC	$50,781,000	-4.4%	456,409	-0.8%	4.54%	-6.4%
XOM	Sell	EXXONMOBIL CORP	$50,056,000	+0.8%	610,765	-0.6%	4.47%	-1.3%
MRK	Sell	MERCK & CO INC	$43,916,000	-0.6%	685,405	-0.6%	3.92%	-2.8%
KO	Sell	COCA COLA CO	$39,092,000	-1.7%	868,733	-2.1%	3.49%	-3.8%
NVS	Sell	NOVARTIS A Gsponsored adr	$35,992,000	+2.4%	419,073	-0.5%	3.22%	+0.2%
EMR	Sell	EMERSON ELEC CO	$34,844,000	+4.3%	554,253	-1.0%	3.11%	+2.1%
AAPL	Sell	APPLE INC	$34,320,000	+6.7%	222,723	-0.4%	3.07%	+4.4%
CL	Sell	COLGATE PALMOLIVE CO	$29,710,000	-2.5%	407,779	-0.8%	2.66%	-4.5%
FISV	Sell	FISERV INC	$26,843,000	+4.2%	208,177	-1.2%	2.40%	+2.0%
UTX	Sell	UNITED TECHNOLOGIES CORP	$26,701,000	-5.0%	229,811	-0.1%	2.39%	-7.0%
GOOG	Buy	ALPHABET INCcap stk cl c	$25,455,000	+20.7%	26,560	+14.3%	2.28%	+18.2%
MA	Sell	MASTERCARD INCORPORATEDcl a	$23,676,000	+16.0%	167,575	-0.3%	2.12%	+13.6%
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$21,897,000	+8.7%	119,447	+0.4%	1.96%	+6.5%
PX	Sell	PRAXAIR INC	$21,179,000	+4.6%	151,450	-0.8%	1.89%	+2.4%
STT	Sell	STATE STREET CORP	$20,862,000	+4.3%	218,315	-2.0%	1.86%	+2.1%
CSCO	Sell	CISCO SYSTEMS INC	$19,535,000	+7.4%	580,734	-0.0%	1.75%	+5.2%
CAT	Sell	CATERPILLAR INC	$19,423,000	+11.4%	155,740	-4.0%	1.74%	+9.1%
SLB	Sell	SCHLUMBERGER LTD	$18,658,000	+3.6%	267,575	-2.0%	1.67%	+1.5%
MSFT	Buy	MICROSOFT CORP	$18,348,000	+9.0%	246,241	+0.6%	1.64%	+6.7%
CVS	Sell	CVS HEALTH CORP	$18,200,000	+0.1%	223,965	-0.9%	1.63%	-2.0%
FAST	Buy	FASTENAL CO	$16,439,000	+5.0%	360,541	+0.3%	1.47%	+2.8%
INTC	Sell	INTEL CORP	$15,456,000	+4.3%	404,367	-8.1%	1.38%	+2.1%
VZ	Buy	VERIZON COMMUNICATIONS INC	$15,206,000	+26.8%	307,270	+14.5%	1.36%	+24.2%
SYY	Sell	SYSCO CORP	$15,121,000	-19.1%	280,274	-24.5%	1.35%	-20.8%
WBA	Buy	WALGREENS BOOTS ALLIANCE INC	$14,933,000	-0.2%	193,374	+1.2%	1.33%	-2.3%
UL	Sell	UNILEVER PLC SPONS ADRspon adr new	$14,597,000	+5.4%	251,871	-1.7%	1.30%	+3.2%
TJX	Buy	TJX COS INC	$13,486,000	+43.4%	182,978	+40.2%	1.20%	+40.3%
GILD	Sell	GILEAD SCIENCES INC	$12,676,000	+12.0%	156,025	-2.5%	1.13%	+9.7%
EXPD	Sell	EXPEDITORS INTL WASH INC	$12,077,000	+4.7%	201,746	-1.2%	1.08%	+2.5%
MMM	Sell	3M CO	$11,758,000	-1.0%	56,014	-1.8%	1.05%	-3.0%
KMI	Buy	KINDER MORGAN INC DEL	$11,649,000	+57.2%	607,549	+57.5%	1.04%	+54.0%
SO	Buy	SOUTHERN COMPANY	$11,152,000	+22.3%	226,942	+19.1%	1.00%	+19.8%
NVO	Sell	NOVO-NORDISK A Sadr	$10,413,000	+12.0%	215,955	-0.5%	0.93%	+9.5%
QCOM	Sell	QUALCOMM INC	$9,793,000	-7.9%	188,894	-1.9%	0.88%	-9.8%
MON	Sell	MONSANTO CO NEW	$9,568,000	-3.9%	79,804	-5.2%	0.86%	-5.9%
SYK	Sell	STRYKER CORPORATION	$9,495,000	+1.5%	66,685	-1.1%	0.85%	-0.7%
MDT	Buy	MEDTRONIC PLC	$7,759,000	-9.0%	99,691	+3.8%	0.69%	-10.9%
INTU	Sell	INTUIT INC	$6,453,000	+7.0%	45,404	-0.0%	0.58%	+4.9%
SBUX	Buy	STARBUCKS CORP	$5,950,000	-3.6%	110,742	+4.6%	0.53%	-5.5%
T	Sell	AT&T INC	$3,884,000	-0.8%	99,157	-4.4%	0.35%	-2.8%
ABT	Sell	ABBOTT LABS	$3,836,000	+9.3%	71,891	-0.4%	0.34%	+7.2%
PFE	Sell	PFIZER INC	$3,112,000	+5.0%	87,163	-1.2%	0.28%	+3.0%
AMZN	New	AMAZON COM INC	$2,419,000	–	2,516	–	0.22%	–
MKC	Buy	MCCORMICK & CO INC	$2,298,000	+8.1%	22,395	+2.8%	0.20%	+5.7%
IWM	Buy	ISHARES TRrussell 2000 etf	$2,274,000	+8.6%	15,344	+3.3%	0.20%	+6.3%
RTN	Sell	RAYTHEON COMPANY	$1,959,000	-21.7%	10,500	-32.3%	0.18%	-23.2%
WFC	Sell	WELLS FARGO CO NEW	$1,952,000	-3.6%	35,404	-3.1%	0.17%	-5.9%
ABBV	Sell	ABBVIE INC	$1,865,000	+19.7%	20,980	-2.3%	0.17%	+17.6%
NTRS	Sell	NORTHERN TR CORP	$1,429,000	-9.6%	15,540	-4.5%	0.13%	-11.1%
MCD	Sell	MCDONALDS CORP	$1,367,000	+0.9%	8,725	-1.4%	0.12%	-1.6%
SPGI	Sell	S&P GLOBAL INC	$1,287,000	+6.2%	8,233	-0.8%	0.12%	+3.6%
DWDP	New	DOWDUPONT INC	$859,000	–	12,399	–	0.08%	–
COST	Sell	COSTCO WHSL CORP NEW	$817,000	+0.4%	4,975	-2.2%	0.07%	-1.4%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$793,000	+62.8%	18,200	+52.8%	0.07%	+61.4%
RDSA	Sell	ROYAL DUTCH SHELL SPONS ADRspons adr a	$639,000	+7.6%	10,546	-5.6%	0.06%	+5.6%
GOOGL	Sell	ALPHABET INCcap stk cl a	$632,000	+3.8%	649	-0.9%	0.06%	0.0%
MO	Sell	ALTRIA GROUP INC	$363,000	-16.0%	5,725	-1.3%	0.03%	-17.9%
EEM	Buy	ISHARES TRmsci emg mkt etf	$357,000	+11.6%	7,970	+3.1%	0.03%	+10.3%
CB	Sell	CHUBB LIMITED	$355,000	-9.2%	2,490	-7.4%	0.03%	-11.1%
SHW	Sell	SHERWIN WILLIAMS CO	$322,000	-16.6%	900	-18.2%	0.03%	-17.1%
BHP	New	BHP BILLITON LTDsponsored adr	$234,000	–	5,765	–	0.02%	–
BIIB	New	BIOGEN INC	$220,000	–	702	–	0.02%	–
ACN	New	ACCENTURE PLC IRELAND	$219,000	–	1,618	–	0.02%	–
AXAS	New	ABRAXAS PETE CORP	$11,000	–	6,000	–	0.00%	–
DOW	Exit	DOW CHEM CO	$0	–	-3,186	–	-0.02%	–
DIS	Exit	DISNEY WALT CO	$0	–	-2,310	–	-0.02%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-7,191	–	-0.05%	–

Q2 2017

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$95,457,000	–	721,360	–	8.71%	–
PG	New	PROCTER AND GAMBLE CO	$61,192,000	–	701,773	–	5.59%	–
GE	New	GENERAL ELECTRIC CORP	$58,161,000	–	2,151,467	–	5.31%	–
PEP	New	PEPSICO INC	$53,128,000	–	460,036	–	4.85%	–
XOM	New	EXXON MOBIL CORP	$49,672,000	–	614,603	–	4.53%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$48,377,000	–	472,165	–	4.42%	–
MRK	New	MERCK & CO INC	$44,203,000	–	689,535	–	4.04%	–
KO	New	COCA COLA CO	$39,779,000	–	887,018	–	3.63%	–
NVS	New	NOVARTIS A Gsponsored adr	$35,158,000	–	421,168	–	3.21%	–
EMR	New	EMERSON ELEC CO	$33,398,000	–	559,766	–	3.05%	–
AAPL	New	APPLE INC	$32,180,000	–	223,513	–	2.94%	–
CL	New	COLGATE PALMOLIVE CO	$30,465,000	–	411,074	–	2.78%	–
UTX	New	UNITED TECHNOLOGIES CORP	$28,098,000	–	230,111	–	2.56%	–
FISV	New	FISERV INC	$25,750,000	–	210,807	–	2.35%	–
GOOG	New	ALPHABET INCcap stk cl c	$21,093,000	–	23,247	–	1.92%	–
MA	New	MASTERCARD INCORPORATEDcl a	$20,403,000	–	168,130	–	1.86%	–
PX	New	PRAXAIR INC	$20,257,000	–	152,695	–	1.85%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$20,140,000	–	118,912	–	1.84%	–
STT	New	STATE STREET CORP	$19,998,000	–	222,785	–	1.82%	–
SYY	New	SYSCO CORP	$18,680,000	–	371,135	–	1.70%	–
CVS	New	CVS HEALTH CORP	$18,189,000	–	226,015	–	1.66%	–
CSCO	New	CISCO SYS INC	$18,183,000	–	580,901	–	1.66%	–
SLB	New	SCHLUMBERGER LTD	$18,001,000	–	273,068	–	1.64%	–
CAT	New	CATERPILLAR INC	$17,430,000	–	162,200	–	1.59%	–
MSFT	New	MICROSOFT CORP	$16,835,000	–	244,706	–	1.54%	–
FAST	New	FASTENAL CO	$15,658,000	–	359,316	–	1.43%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$14,959,000	–	191,019	–	1.36%	–
INTC	New	INTEL CORP	$14,819,000	–	439,792	–	1.35%	–
UL	New	UNILEVER PLCspon adr new	$13,850,000	–	256,171	–	1.26%	–
VZ	New	VERIZON COMMUNICATIONS INC	$11,988,000	–	268,362	–	1.09%	–
MMM	New	3M CO	$11,875,000	–	57,039	–	1.08%	–
EXPD	New	EXPEDITORS INTL WASH INC	$11,534,000	–	204,221	–	1.05%	–
GILD	New	GILEAD SCIENCES INC	$11,320,000	–	159,955	–	1.03%	–
QCOM	New	QUALCOMM INC	$10,628,000	–	192,619	–	0.97%	–
MON	New	MONSANTO CO NEW	$9,961,000	–	84,154	–	0.91%	–
TJX	New	TJX COS INC	$9,407,000	–	130,480	–	0.86%	–
SYK	New	STRYKER CORPORATION	$9,351,000	–	67,445	–	0.85%	–
NVO	New	NOVO-NORDISK A Sadr	$9,299,000	–	216,955	–	0.85%	–
SO	New	SOUTHERN CO	$9,120,000	–	190,472	–	0.83%	–
MDT	New	MEDTRONIC PLC	$8,528,000	–	96,076	–	0.78%	–
KMI	New	KINDER MORGAN INC DEL	$7,409,000	–	385,714	–	0.68%	–
SBUX	New	STARBUCKS CORP	$6,171,000	–	105,852	–	0.56%	–
INTU	New	INTUIT INC	$6,029,000	–	45,421	–	0.55%	–
T	New	AT&T INC	$3,915,000	–	103,687	–	0.36%	–
ABT	New	ABBOTT LABS	$3,510,000	–	72,191	–	0.32%	–
PFE	New	PFIZER INC	$2,963,000	–	88,198	–	0.27%	–
RTN	New	RAYTHEON CO	$2,503,000	–	15,500	–	0.23%	–
JPM	New	JPMORGAN CHASE & CO	$2,452,000	–	26,823	–	0.22%	–
MKC	New	MCCORMICK & CO INC	$2,125,000	–	21,795	–	0.19%	–
IWM	New	ISHARES TRrussell 2000 etf	$2,094,000	–	14,857	–	0.19%	–
WFC	New	WELLS FARGO CO NEW	$2,024,000	–	36,538	–	0.18%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$1,696,000	–	11,028	–	0.16%	–
NTRS	New	NORTHERN TR CORP	$1,581,000	–	16,265	–	0.14%	–
ABBV	New	ABBVIE INC	$1,558,000	–	21,480	–	0.14%	–
EFA	New	ISHARES TRmsci eafe etf	$1,558,000	–	23,895	–	0.14%	–
CI	New	CIGNA CORPORATION	$1,364,000	–	8,150	–	0.12%	–
MCD	New	MCDONALDS CORP	$1,355,000	–	8,850	–	0.12%	–
TD	New	TORONTO DOMINION BK ONT	$1,316,000	–	25,800	–	0.12%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,296,000	–	9,049	–	0.12%	–
V	New	VISA INC	$1,275,000	–	13,594	–	0.12%	–
SPGI	New	S&P GLOBAL INC	$1,212,000	–	8,300	–	0.11%	–
APD	New	AIR PRODS & CHEMS INC	$1,074,000	–	7,506	–	0.10%	–
ADBE	New	ADOBE SYS INC	$1,047,000	–	7,405	–	0.10%	–
GLW	New	CORNING INC	$1,001,000	–	33,300	–	0.09%	–
DHR	New	DANAHER CORP	$962,000	–	11,409	–	0.09%	–
CMCSA	New	COMCAST CORP NEWcl a	$934,000	–	24,000	–	0.08%	–
GIS	New	GENERAL MLS INC	$883,000	–	15,935	–	0.08%	–
PNC	New	PNC FINL SVCS GROUP INC	$878,000	–	7,028	–	0.08%	–
CVX	New	CHEVRON CORP NEW	$809,000	–	7,753	–	0.07%	–
COST	New	COSTCO WHSL CORP NEW	$814,000	–	5,085	–	0.07%	–
ORCL	New	ORACLE CORP	$795,000	–	15,900	–	0.07%	–
UNP	New	UNION PAC CORP	$776,000	–	7,128	–	0.07%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIONScl a	$770,000	–	11,590	–	0.07%	–
DEO	New	DIAGEO P L Cspon adr new	$712,000	–	5,945	–	0.06%	–
AMGN	New	AMGEN INC	$676,000	–	3,925	–	0.06%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$652,000	–	11,700	–	0.06%	–
GOOGL	New	ALPHABET INCcap stk cl a	$609,000	–	655	–	0.06%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$594,000	–	11,171	–	0.05%	–
DD	New	DU PONT E I DE NEMOURS & CO	$580,000	–	7,191	–	0.05%	–
HD	New	HOME DEPOT INC	$558,000	–	3,639	–	0.05%	–
EBAY	New	EBAY INC	$491,000	–	14,050	–	0.04%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$487,000	–	11,910	–	0.04%	–
PYPL	New	PAYPAL HLDGS INC	$461,000	–	8,600	–	0.04%	–
ECL	New	ECOLAB INC	$457,000	–	3,440	–	0.04%	–
D	New	DOMINION ENERGY INC	$447,000	–	5,836	–	0.04%	–
MO	New	ALTRIA GROUP INC	$432,000	–	5,800	–	0.04%	–
CB	New	CHUBB LIMITED	$391,000	–	2,690	–	0.04%	–
SHW	New	SHERWIN WILLIAMS CO	$386,000	–	1,100	–	0.04%	–
LOW	New	LOWES COS INC	$353,000	–	4,550	–	0.03%	–
PM	New	PHILIP MORRIS INTL INC	$329,000	–	2,800	–	0.03%	–
EEM	New	ISHARES TRmsci emg mkt etf	$320,000	–	7,730	–	0.03%	–
BAX	New	BAXTER INTL INC	$305,000	–	5,040	–	0.03%	–
INDB	New	INDEPENDENT BANK CORP MASS	$297,000	–	4,450	–	0.03%	–
NKE	New	NIKE INCcl b	$287,000	–	4,854	–	0.03%	–
KMB	New	KIMBERLY CLARK CORP	$265,000	–	2,050	–	0.02%	–
EW	New	EDWARDS LIFESCIENCES CORP	$260,000	–	2,200	–	0.02%	–
JKHY	New	HENRY JACK & ASSOC INC	$266,000	–	2,559	–	0.02%	–
WY	New	WEYERHAEUSER CO	$249,000	–	7,417	–	0.02%	–
DIS	New	DISNEY WALT CO	$246,000	–	2,310	–	0.02%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$227,000	–	715	–	0.02%	–
DE	New	DEERE & CO	$222,000	–	1,800	–	0.02%	–
PPG	New	PPG INDS INC	$218,000	–	1,984	–	0.02%	–
EV	New	EATON VANCE CORP	$221,000	–	4,660	–	0.02%	–
AXP	New	AMERICAN EXPRESS CO	$219,000	–	2,600	–	0.02%	–
WMT	New	WAL MART STORES-INC	$212,000	–	2,800	–	0.02%	–
RY	New	ROYAL BK CDA MONTREAL QUE	$207,000	–	2,852	–	0.02%	–
DOW	New	DOW CHEM CO	$201,000	–	3,186	–	0.02%	–

Q4 2016

			Value		Shares		↓ Weighting
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-2,409	–	-0.02%	–
UDR	Exit	UDR INC	$0	–	-5,628	–	-0.02%	–
PPG	Exit	PPG INDS INC	$0	–	-1,984	–	-0.02%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-2,800	–	-0.02%	–
FTV	Exit	FORTIVE CORP	$0	–	-4,275	–	-0.02%	–
EV	Exit	EATON VANCE CORP	$0	–	-5,760	–	-0.02%	–
SPH	Exit	SUBURBAN PROPANE PARTNERS LPunit ltd partn	$0	–	-7,000	–	-0.02%	–
WRI	Exit	WEINGARTEN RLTY INVSsh ben int	$0	–	-6,200	–	-0.02%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-7,417	–	-0.02%	–
BAX	Exit	BAXTER INTL INC	$0	–	-5,120	–	-0.02%	–
BIIB	Exit	BIOGEN INC	$0	–	-800	–	-0.02%	–
ECL	Exit	ECOLAB INC	$0	–	-2,165	–	-0.02%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-2,200	–	-0.02%	–
NKE	Exit	NIKE INCcl b	$0	–	-5,254	–	-0.02%	–
INDB	Exit	INDEPENDENT BANK CORP MASS	$0	–	-5,000	–	-0.02%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-1,496	–	-0.03%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-6,200	–	-0.03%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,100	–	-0.03%	–
LOW	Exit	LOWES COS INC	$0	–	-4,550	–	-0.03%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-3,400	–	-0.03%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-2,650	–	-0.03%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-9,370	–	-0.03%	–
CB	Exit	CHUBB LIMITED	$0	–	-2,890	–	-0.03%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,800	–	-0.03%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-9,910	–	-0.03%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-1,365	–	-0.04%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-11,000	–	-0.04%	–
D	Exit	DOMINION RES INC VA NEW	$0	–	-6,420	–	-0.04%	–
EBAY	Exit	EBAY INC	$0	–	-15,350	–	-0.05%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-655	–	-0.05%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-7,841	–	-0.05%	–
HD	Exit	HOME DEPOT INC	$0	–	-4,214	–	-0.05%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-10,792	–	-0.05%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIONScl a	$0	–	-11,640	–	-0.05%	–
PNC	Exit	PNC FINANCIAL SVCS GROUP INC	$0	–	-6,828	–	-0.06%	–
TGT	Exit	TARGET CORP	$0	–	-8,925	–	-0.06%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-12,000	–	-0.06%	–
AMGN	Exit	AMGEN INC	$0	–	-3,925	–	-0.06%	–
ORCL	Exit	ORACLE CORP	$0	–	-16,600	–	-0.06%	–
UNP	Exit	UNION PAC CORP	$0	–	-7,028	–	-0.06%	–
WU	Exit	WESTERN UN CO	$0	–	-36,300	–	-0.07%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-5,085	–	-0.07%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-12,000	–	-0.07%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-7,405	–	-0.07%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-7,130	–	-0.08%	–
GLW	Exit	CORNING INC	$0	–	-35,400	–	-0.08%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-11,409	–	-0.08%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-8,653	–	-0.08%	–
MCD	Exit	MCDONALDS CORP	$0	–	-8,750	–	-0.09%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-8,326	–	-0.10%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-9,049	–	-0.10%	–
V	Exit	VISA INC	$0	–	-13,244	–	-0.10%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-7,506	–	-0.10%	–
GIS	Exit	GENERAL MLS INC	$0	–	-17,685	–	-0.10%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-25,800	–	-0.10%	–
CI	Exit	CIGNA CORPORATION	$0	–	-10,350	–	-0.12%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-21,242	–	-0.13%	–
ABBV	Exit	ABBVIE INC	$0	–	-23,740	–	-0.14%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-26,070	–	-0.14%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-37,762	–	-0.15%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-27,123	–	-0.17%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-11,803	–	-0.17%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-15,635	–	-0.18%	–
RTN	Exit	RAYTHEON CO	$0	–	-15,500	–	-0.19%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-23,395	–	-0.21%	–
PFE	Exit	PFIZER INC	$0	–	-96,571	–	-0.30%	–
ABT	Exit	ABBOTT LABS	$0	–	-79,076	–	-0.31%	–
T	Exit	AT&T INC	$0	–	-109,779	–	-0.41%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-93,782	–	-0.47%	–
INTU	Exit	INTUIT INC	$0	–	-47,535	–	-0.48%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-142,535	–	-0.54%	–
SYK	Exit	STRYKER CORP	$0	–	-70,575	–	-0.75%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-95,666	–	-0.76%	–
MON	Exit	MONSANTO CO NEW	$0	–	-87,247	–	-0.82%	–
TJX	Exit	TJX COS INC NEW	$0	–	-129,055	–	-0.88%	–
SO	Exit	SOUTHERN CO	$0	–	-189,397	–	-0.89%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-430,561	–	-0.91%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-133,284	–	-0.97%	–
MMM	Exit	3M CO	$0	–	-60,342	–	-0.98%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-218,514	–	-1.03%	–
UL	Exit	UNILEVER PLCspon adr new	$0	–	-258,906	–	-1.13%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-250,943	–	-1.20%	–
QCOM	Exit	QUALCOMM INC	$0	–	-192,599	–	-1.21%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-246,118	–	-1.30%	–
FAST	Exit	FASTENAL CO	$0	–	-365,066	–	-1.40%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-19,870	–	-1.42%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-199,664	–	-1.48%	–
STT	Exit	STATE STR CORP	$0	–	-236,883	–	-1.51%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-167,825	–	-1.57%	–
CAT	Exit	CATERPILLAR INC	$0	–	-193,105	–	-1.57%	–
INTC	Exit	INTEL CORP	$0	–	-469,343	–	-1.62%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-125,587	–	-1.66%	–
CSCO	Exit	CISCO SYS INC	$0	–	-588,076	–	-1.71%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-210,086	–	-1.72%	–
PX	Exit	PRAXAIR INC	$0	–	-159,390	–	-1.77%	–
SYY	Exit	SYSCO CORP	$0	–	-448,367	–	-2.02%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-289,744	–	-2.09%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-231,046	–	-2.15%	–
AAPL	Exit	APPLE INC	$0	–	-227,442	–	-2.36%	–
FISV	Exit	FISERV INC	$0	–	-274,414	–	-2.50%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-432,679	–	-2.94%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-593,561	–	-2.97%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-432,011	–	-3.13%	–
KO	Exit	COCA COLA CO	$0	–	-944,177	–	-3.66%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-514,336	–	-4.16%	–
MRK	Exit	MERCK & CO INC	$0	–	-732,896	–	-4.20%	–
PEP	Exit	PEPSICO INC	$0	–	-481,069	–	-4.80%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-670,161	–	-5.36%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-737,260	–	-6.07%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-2,281,705	–	-6.20%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-766,445	–	-8.30%	–

Q3 2016

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$90,540,000	-4.1%	766,445	-1.5%	8.30%	-3.1%
GE	Sell	GENERAL ELECTRIC CO	$67,584,000	-6.2%	2,281,705	-0.3%	6.20%	-5.2%
PG	Sell	PROCTER AND GAMBLE CO	$66,169,000	+5.5%	737,260	-0.5%	6.07%	+6.6%
XOM	Sell	EXXON MOBIL CORP	$58,492,000	-7.1%	670,161	-0.2%	5.36%	-6.1%
PEP	Sell	PEPSICO INC	$52,326,000	+2.3%	481,069	-0.4%	4.80%	+3.4%
MRK	Sell	MERCK & CO INC	$45,740,000	+8.1%	732,896	-0.2%	4.20%	+9.2%
ADP	Buy	AUTOMATIC DATA PROCESSING INC	$45,364,000	-3.0%	514,336	+1.1%	4.16%	-2.0%
KO	Sell	COCA COLA CO	$39,958,000	-11.2%	944,177	-4.9%	3.66%	-10.2%
NVS	Sell	NOVARTIS A Gsponsored adr	$34,112,000	-4.5%	432,011	-0.2%	3.13%	-3.5%
EMR	Sell	EMERSON ELEC CO	$32,355,000	+3.7%	593,561	-0.8%	2.97%	+4.8%
CL	Sell	COLGATE PALMOLIVE CO	$32,079,000	+0.8%	432,679	-0.5%	2.94%	+1.9%
FISV	Sell	FISERV INC	$27,296,000	-9.3%	274,414	-0.9%	2.50%	-8.3%
AAPL	Sell	APPLE INC	$25,712,000	+17.4%	227,442	-0.7%	2.36%	+18.7%
UTX	Sell	UNITED TECHNOLOGIES CORP	$23,474,000	-1.0%	231,046	-0.1%	2.15%	0.0%
SLB	Sell	SCHLUMBERGER LTD	$22,785,000	-1.8%	289,744	-1.2%	2.09%	-0.7%
SYY	Sell	SYSCO CORP	$21,975,000	-6.6%	448,367	-3.4%	2.02%	-5.7%
PX	Sell	PRAXAIR INC	$19,259,000	+7.3%	159,390	-0.2%	1.77%	+8.4%
CVS	Buy	CVS HEALTH CORP	$18,696,000	+0.4%	210,086	+7.9%	1.72%	+1.5%
CSCO	Sell	CISCO SYS INC	$18,654,000	+9.9%	588,076	-0.6%	1.71%	+11.0%
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$18,144,000	+0.8%	125,587	+1.0%	1.66%	+1.8%
INTC	Sell	INTEL CORP	$17,718,000	+14.4%	469,343	-0.6%	1.62%	+15.7%
CAT	Sell	CATERPILLAR INC	$17,142,000	+15.4%	193,105	-1.4%	1.57%	+16.6%
MA	Buy	MASTERCARD INCORPORATEDcl a	$17,079,000	+22.9%	167,825	+6.5%	1.57%	+24.2%
STT	Sell	STATE STR CORP	$16,494,000	+25.3%	236,883	-3.0%	1.51%	+26.6%
WBA	Buy	WALGREENS BOOTS ALLIANCE INC	$16,097,000	+1.3%	199,664	+4.6%	1.48%	+2.4%
GOOG	Buy	ALPHABET INCcap stk cl c	$15,445,000	+22.0%	19,870	+8.8%	1.42%	+23.2%
FAST	Buy	FASTENAL CO	$15,253,000	-2.9%	365,066	+3.3%	1.40%	-1.9%
MSFT	Sell	MICROSOFT CORP	$14,177,000	+12.5%	246,118	-0.1%	1.30%	+13.6%
QCOM	Buy	QUALCOMM INC	$13,193,000	+30.1%	192,599	+1.6%	1.21%	+31.5%
VZ	Buy	VERIZON COMMUNICATIONS INC	$13,044,000	-4.5%	250,943	+2.6%	1.20%	-3.5%
UL	Sell	UNILEVER PLCspon adr new	$12,272,000	-1.2%	258,906	-0.1%	1.13%	-0.1%
EXPD	Sell	EXPEDITORS INTL WASH INC	$11,258,000	+4.3%	218,514	-0.7%	1.03%	+5.4%
MMM	Buy	3M CO	$10,634,000	+0.8%	60,342	+0.2%	0.98%	+1.8%
GILD	Buy	GILEAD SCIENCES INC	$10,545,000	+5.9%	133,284	+11.8%	0.97%	+7.0%
KMI	Sell	KINDER MORGAN INC DEL	$9,959,000	+20.2%	430,561	-2.8%	0.91%	+21.5%
SO	Sell	SOUTHERN CO	$9,716,000	-4.6%	189,397	-0.3%	0.89%	-3.6%
TJX	Buy	TJX COS INC NEW	$9,650,000	-2.3%	129,055	+0.9%	0.88%	-1.2%
MON	Sell	MONSANTO CO NEW	$8,916,000	-3.4%	87,247	-2.5%	0.82%	-2.4%
MDT	Buy	MEDTRONIC PLC	$8,265,000	-0.3%	95,666	+0.2%	0.76%	+0.8%
SYK	Sell	STRYKER CORP	$8,216,000	-3.4%	70,575	-0.5%	0.75%	-2.3%
NVO	Buy	NOVO-NORDISK A Sadr	$5,928,000	-21.6%	142,535	+1.5%	0.54%	-20.8%
INTU	Buy	INTUIT INC	$5,230,000	-0.4%	47,535	+1.1%	0.48%	+0.6%
SBUX	Buy	STARBUCKS CORP	$5,078,000	+8.5%	93,782	+14.4%	0.47%	+9.6%
T	Sell	AT&T INC	$4,458,000	-6.1%	109,779	-0.1%	0.41%	-5.1%
ABT	Sell	ABBOTT LABS	$3,345,000	-3.7%	79,076	-10.4%	0.31%	-2.5%
PFE	Sell	PFIZER INC	$3,271,000	-4.1%	96,571	-0.3%	0.30%	-3.2%
MKC	Buy	MCCORMICK & CO INC	$2,338,000	-3.8%	23,395	+2.6%	0.21%	-3.2%
WFC	Sell	WELLS FARGO & CO NEW	$1,672,000	-15.9%	37,762	-10.1%	0.15%	-15.5%
EFA	Sell	ISHARES TRmsci eafe etf	$1,542,000	-12.3%	26,070	-17.3%	0.14%	-11.9%
ABBV	Sell	ABBVIE INC	$1,497,000	-0.6%	23,740	-2.4%	0.14%	0.0%
NTRS	Sell	NORTHERN TR CORP	$1,444,000	+0.2%	21,242	-2.3%	0.13%	+0.8%
GIS	Sell	GENERAL MLS INC	$1,130,000	-11.4%	17,685	-1.1%	0.10%	-10.3%
SPGI	Sell	S&P GLOBAL INC	$1,054,000	+5.4%	8,326	-10.7%	0.10%	+6.6%
MCD	Sell	MCDONALDS CORP	$1,009,000	-9.0%	8,750	-5.0%	0.09%	-7.9%
DHR	Sell	DANAHER CORP DEL	$895,000	-37.8%	11,409	-20.0%	0.08%	-37.4%
DEO	Buy	DIAGEO P L Cspon adr new	$827,000	+12.7%	7,130	+9.7%	0.08%	+13.4%
COST	Sell	COSTCO WHSL CORP NEW	$776,000	-22.6%	5,085	-20.4%	0.07%	-22.0%
WU	Sell	WESTERN UN CO	$756,000	-10.1%	36,300	-17.1%	0.07%	-9.2%
AMGN	Sell	AMGEN INC	$655,000	-23.7%	3,925	-30.5%	0.06%	-23.1%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$647,000	-42.0%	12,000	-20.8%	0.06%	-41.6%
PNC	Sell	PNC FINANCIAL SVCS GROUP INC	$615,000	+10.2%	6,828	-0.3%	0.06%	+9.8%
CTSH	Buy	COGNIZANT TECHNOLOGY SOLUTIONScl a	$555,000	-5.5%	11,640	+13.6%	0.05%	-3.8%
HD	Sell	HOME DEPOT INC	$542,000	-30.5%	4,214	-31.0%	0.05%	-29.6%
RDSA	Sell	ROYAL DUTCH SHELL PLCspons adr a	$540,000	-19.3%	10,792	-10.9%	0.05%	-18.0%
EBAY	Sell	EBAY INC	$505,000	+38.7%	15,350	-1.3%	0.05%	+39.4%
PYPL	Sell	PAYPAL HLDGS INC	$451,000	+10.3%	11,000	-1.8%	0.04%	+10.8%
CB	Sell	CHUBB LIMITED	$363,000	-11.2%	2,890	-7.5%	0.03%	-10.8%
EEM	Sell	ISHARES TRmsci emg mkt etf	$351,000	-11.6%	9,370	-18.8%	0.03%	-11.1%
KMB	Sell	KIMBERLY CLARK CORP	$334,000	-11.6%	2,650	-3.6%	0.03%	-8.8%
SHPG	Sell	SHIRE PLCsponsored adr	$290,000	+1.8%	1,496	-3.6%	0.03%	+3.8%
CHD	Buy	CHURCH & DWIGHT INC	$297,000	-6.9%	6,200	+100.0%	0.03%	-6.9%
NKE	Buy	NIKE INCcl b	$277,000	+37.1%	5,254	+43.8%	0.02%	+38.9%
ECL	Buy	ECOLAB INC	$264,000	+28.8%	2,165	+25.1%	0.02%	+26.3%
BIIB	New	BIOGEN INC	$251,000	–	800	–	0.02%	–
WRI	Buy	WEINGARTEN RLTY INVSsh ben int	$242,000	+3.0%	6,200	+7.8%	0.02%	+4.8%
BAX	Sell	BAXTER INTL INC	$244,000	-2.0%	5,120	-7.1%	0.02%	-4.3%
FTV	New	FORTIVE CORP	$218,000	–	4,275	–	0.02%	–
JKHY	New	HENRY JACK & ASSOC INC	$206,000	–	2,409	–	0.02%	–
UDR	Sell	UDR INC	$203,000	-3.8%	5,628	-1.6%	0.02%	0.0%
WMT	Sell	WAL-MART STORES INC	$202,000	-33.1%	2,800	-32.5%	0.02%	-29.6%
K	Exit	KELLOGG CO	$0	–	-2,500	–	-0.02%	–
ETN	Exit	EATON CORP PLC	$0	–	-4,231	–	-0.02%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-3,044	–	-0.02%	–
DIS	Exit	DISNEY WALT CO	$0	–	-3,780	–	-0.03%	–
TE	Exit	TECO ENERGY INC	$0	–	-17,400	–	-0.04%	–
BBL	Exit	BHP BILLITON LTDsponsored adr	$0	–	-26,760	–	-0.06%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-43,810	–	-0.18%	–
EMC	Exit	E M C CORP MASS	$0	–	-98,440	–	-0.24%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-132,550	–	-0.34%	–
LLTC	Exit	LINEAR TECHNOLOGY CORP	$0	–	-168,742	–	-0.71%	–

Q2 2016

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$94,382,000	–	778,090	–	8.57%	–
GE	New	GENERAL ELECTRIC CORP	$72,057,000	–	2,288,919	–	6.54%	–
XOM	New	EXXON MOBIL CORP	$62,977,000	–	671,791	–	5.72%	–
PG	New	PROCTER & GAMBLE CO	$62,743,000	–	740,963	–	5.70%	–
PEP	New	PEPSICO INC	$51,137,000	–	482,795	–	4.64%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$46,765,000	–	508,783	–	4.24%	–
KO	New	COCA COLA CO	$44,982,000	–	992,678	–	4.08%	–
MRK	New	MERCK & CO INC	$42,319,000	–	734,248	–	3.84%	–
NVS	New	NOVARTIS A Gsponsored adr	$35,722,000	–	432,871	–	3.24%	–
CL	New	COLGATE PALMOLIVE CO	$31,810,000	–	434,699	–	2.89%	–
EMR	New	EMERSON ELEC CO	$31,214,000	–	598,400	–	2.83%	–
FISV	New	FISERV INC	$30,105,000	–	276,804	–	2.73%	–
UTX	New	UNITED TECHNOLOGIES CORP	$23,717,000	–	231,236	–	2.15%	–
SYY	New	SYSCO CORP	$23,540,000	–	463,933	–	2.14%	–
SLB	New	SCHLUMBERGER LTD	$23,197,000	–	293,221	–	2.10%	–
AAPL	New	APPLE INC	$21,900,000	–	229,009	–	1.99%	–
CVS	New	CVS HEALTH CORP	$18,623,000	–	194,665	–	1.69%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$17,999,000	–	124,312	–	1.63%	–
PX	New	PRAXAIR INC	$17,954,000	–	159,650	–	1.63%	–
CSCO	New	CISCO SYS INC	$16,975,000	–	591,501	–	1.54%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$15,894,000	–	190,876	–	1.44%	–
FAST	New	FASTENAL CO	$15,712,000	–	353,291	–	1.43%	–
INTC	New	INTEL CORP	$15,485,000	–	472,232	–	1.40%	–
CAT	New	CATERPILLAR INC DEL	$14,852,000	–	195,915	–	1.35%	–
MA	New	MASTERCARD INCcl a	$13,900,000	–	157,650	–	1.26%	–
VZ	New	VERIZON COMMUNICATIONS INC	$13,660,000	–	244,578	–	1.24%	–
STT	New	STATE STR CORP	$13,164,000	–	244,152	–	1.20%	–
GOOG	New	ALPHABET INCcap stk cl c	$12,665,000	–	18,265	–	1.15%	–
MSFT	New	MICROSOFT CORP	$12,599,000	–	246,243	–	1.14%	–
UL	New	UNILEVER PLCspon adr new	$12,420,000	–	259,106	–	1.13%	–
EXPD	New	EXPEDITORS INTL WASH INC	$10,796,000	–	220,149	–	0.98%	–
MMM	New	3M CO	$10,550,000	–	60,243	–	0.96%	–
SO	New	SOUTHERN CO	$10,184,000	–	189,887	–	0.92%	–
QCOM	New	QUALCOMM INC	$10,138,000	–	189,530	–	0.92%	–
GILD	New	GILEAD SCIENCES INC	$9,962,000	–	119,201	–	0.90%	–
TJX	New	TJX COS INC NEW	$9,874,000	–	127,910	–	0.90%	–
MON	New	MONSANTO CO NEW	$9,233,000	–	89,502	–	0.84%	–
SYK	New	STRYKER CORP	$8,507,000	–	70,915	–	0.77%	–
KMI	New	KINDER MORGAN INC DEL	$8,287,000	–	442,756	–	0.75%	–
MDT	New	MEDTRONIC PLC	$8,287,000	–	95,441	–	0.75%	–
LLTC	New	LINEAR TECHNOLOGY CORP	$7,851,000	–	168,742	–	0.71%	–
NVO	New	NOVO-NORDISK A Sadr	$7,565,000	–	140,495	–	0.69%	–
INTU	New	INTUIT	$5,250,000	–	47,035	–	0.48%	–
T	New	AT&T INC	$4,750,000	–	109,879	–	0.43%	–
SBUX	New	STARBUCKS CORP	$4,681,000	–	82,000	–	0.42%	–
BHP	New	BHP BILLITON LTDsponsored adr	$3,785,000	–	132,550	–	0.34%	–
ABT	New	ABBOTT LABS	$3,472,000	–	88,301	–	0.32%	–
PFE	New	PFIZER INC	$3,411,000	–	96,872	–	0.31%	–
EMC	New	E M C CORP MASS	$2,676,000	–	98,440	–	0.24%	–
MKC	New	MCCORMICK & CO INC	$2,431,000	–	22,795	–	0.22%	–
RTN	New	RAYTHEON CO	$2,107,000	–	15,500	–	0.19%	–
WFC	New	WELLS FARGO & CO NEW	$1,989,000	–	42,026	–	0.18%	–
JCI	New	JOHNSON CTLS INC	$1,939,000	–	43,810	–	0.18%	–
IWM	New	ISHARES TRrussell 2000 etf	$1,798,000	–	15,635	–	0.16%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$1,792,000	–	11,803	–	0.16%	–
EFA	New	ISHARES TRmsci eafe etf	$1,759,000	–	31,506	–	0.16%	–
JPM	New	JPMORGAN CHASE & CO	$1,685,000	–	27,123	–	0.15%	–
ABBV	New	ABBVIE INC	$1,506,000	–	24,330	–	0.14%	–
NTRS	New	NORTHERN TR CORP	$1,441,000	–	21,742	–	0.13%	–
DHR	New	DANAHER CORP DEL	$1,439,000	–	14,254	–	0.13%	–
CI	New	CIGNA CORPORATION	$1,325,000	–	10,350	–	0.12%	–
GIS	New	GENERAL MLS INC	$1,276,000	–	17,885	–	0.12%	–
TD	New	TORONTO DOMINION BK ONT	$1,109,000	–	25,800	–	0.10%	–
MCD	New	MCDONALDS CORP	$1,109,000	–	9,213	–	0.10%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,115,000	–	15,151	–	0.10%	–
APD	New	AIR PRODS & CHEMS INC	$1,066,000	–	7,506	–	0.10%	–
COST	New	COSTCO WHSL CORP NEW	$1,003,000	–	6,390	–	0.09%	–
SPGI	New	S&P GLOBAL INC	$1,000,000	–	9,326	–	0.09%	–
V	New	VISA INC	$982,000	–	13,244	–	0.09%	–
ITW	New	ILLINOIS TOOL WKS INC	$942,000	–	9,049	–	0.08%	–
CVX	New	CHEVRON CORPORATION NEW	$907,000	–	8,653	–	0.08%	–
AMGN	New	AMGEN INC	$859,000	–	5,645	–	0.08%	–
WU	New	WESTERN UN CO	$841,000	–	43,800	–	0.08%	–
CMCSA	New	COMCAST CORP NEWcl a	$783,000	–	12,000	–	0.07%	–
HD	New	HOME DEPOT INC	$780,000	–	6,106	–	0.07%	–
DEO	New	DIAGEO P L Cspon adr new	$734,000	–	6,500	–	0.07%	–
GLW	New	CORNING INC	$725,000	–	35,400	–	0.07%	–
ADBE	New	ADOBE SYS INC	$709,000	–	7,405	–	0.06%	–
BBL	New	BHP BILLITON LTDsponsored adr	$679,000	–	26,760	–	0.06%	–
ORCL	New	ORACLE CORP	$679,000	–	16,600	–	0.06%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$669,000	–	12,118	–	0.06%	–
TGT	New	TARGET CORP	$623,000	–	8,925	–	0.06%	–
UNP	New	UNION PAC CORP	$614,000	–	7,028	–	0.06%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$587,000	–	10,250	–	0.05%	–
PNC	New	PNC FINL SVCS GROUP INC	$558,000	–	6,850	–	0.05%	–
DD	New	DU PONT E I DE NEMOURS & CO	$508,000	–	7,841	–	0.05%	–
D	New	DOMINION RES INC VA NEW	$500,000	–	6,420	–	0.04%	–
TE	New	TECO ENERGY INC	$481,000	–	17,400	–	0.04%	–
GOOGL	New	ALPHABET INCcap stk cl a	$461,000	–	655	–	0.04%	–
CB	New	CHUBB LIMITED	$409,000	–	3,125	–	0.04%	–
PYPL	New	PAYPAL HLDGS INC	$409,000	–	11,200	–	0.04%	–
MO	New	ALTRIA GROUP INC	$400,000	–	5,800	–	0.04%	–
EEM	New	ISHARES TRmsci eafe etf	$397,000	–	11,545	–	0.04%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$372,000	–	1,365	–	0.03%	–
DIS	New	DISNEY WALT CO	$370,000	–	3,780	–	0.03%	–
KMB	New	KIMBERLY CLARK CORP	$378,000	–	2,750	–	0.03%	–
EBAY	New	EBAY INC	$364,000	–	15,550	–	0.03%	–
LOW	New	LOWES COS INC	$361,000	–	4,550	–	0.03%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$350,000	–	9,910	–	0.03%	–
PM	New	PHILIP MORRIS INTL INC	$346,000	–	3,400	–	0.03%	–
SHW	New	SHERWIN WILLIAMS CO	$323,000	–	1,100	–	0.03%	–
CHD	New	CHURCH & DWIGHT INC	$319,000	–	3,100	–	0.03%	–
WMT	New	WAL MART STORES INC	$302,000	–	4,148	–	0.03%	–
SHPG	New	SHIRE PLCsponsored adr	$285,000	–	1,552	–	0.03%	–
NSC	New	NORFOLK SOUTHERN CORP	$259,000	–	3,044	–	0.02%	–
ETN	New	EATON CORP PLC	$253,000	–	4,231	–	0.02%	–
BAX	New	BAXTER INTL INC	$249,000	–	5,510	–	0.02%	–
WRI	New	WEINGARTEN RLTY INVSsh ben int	$235,000	–	5,750	–	0.02%	–
INDB	New	INDEPENDENT BANK CORP MA	$229,000	–	5,000	–	0.02%	–
SPH	New	SUBURBAN PROPANE PARTNERS Lunit ltd prtn	$234,000	–	7,000	–	0.02%	–
WY	New	WEYERHAEUSER CO	$221,000	–	7,417	–	0.02%	–
EW	New	EDWARDS LIFESCIENCES CORP	$219,000	–	2,200	–	0.02%	–
UDR	New	UDR INC	$211,000	–	5,718	–	0.02%	–
K	New	KELLOGG CO	$204,000	–	2,500	–	0.02%	–
EV	New	EATON VANCE CORP	$204,000	–	5,760	–	0.02%	–
ECL	New	ECOLAB INC	$205,000	–	1,730	–	0.02%	–
PPG	New	PPG INDS INC	$207,000	–	1,984	–	0.02%	–
NKE	New	NIKE INCcl b	$202,000	–	3,654	–	0.02%	–

Q4 2015

			Value		Shares		↓ Weighting
AXAS	Exit	ABRAXAS PETE CORP	$0	–	-46,000	–	-0.01%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-3,000	–	-0.02%	–
M	Exit	MACY'S INC	$0	–	-4,250	–	-0.02%	–
ETN	Exit	EATON CORP PLC	$0	–	-4,231	–	-0.02%	–
SPH	Exit	SUBURBAN PROPANE PARTNERS LPunit ltd partn	$0	–	-7,000	–	-0.02%	–
NKE	Exit	NIKE INCcl b	$0	–	-1,827	–	-0.02%	–
BA	Exit	BOEING CO	$0	–	-1,770	–	-0.02%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-3,044	–	-0.02%	–
INDB	Exit	INDEPENDENT BK CORP MA	$0	–	-5,000	–	-0.02%	–
BIIB	Exit	BIOGEN INC	$0	–	-800	–	-0.02%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,100	–	-0.02%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-3,100	–	-0.03%	–
WWD	Exit	WOODWARD INC	$0	–	-6,720	–	-0.03%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-3,400	–	-0.03%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-2,850	–	-0.03%	–
LOW	Exit	LOWES COS INC	$0	–	-4,550	–	-0.03%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,800	–	-0.03%	–
BAX	Exit	BAXTER INTL INC	$0	–	-10,245	–	-0.03%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$0	–	-1,365	–	-0.03%	–
GOOGL	Exit	GOOGLE INC-CL Acl a	$0	–	-555	–	-0.04%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-11,760	–	-0.04%	–
D	Exit	DOMINION RESOURCES INC	$0	–	-6,420	–	-0.04%	–
DIS	Exit	DISNEY WALT CO	$0	–	-4,480	–	-0.05%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-9,442	–	-0.05%	–
TE	Exit	TECO ENERGY INC	$0	–	-17,400	–	-0.05%	–
BXLT	Exit	BAXALTA INC	$0	–	-15,460	–	-0.05%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-6,033	–	-0.05%	–
APC	Exit	ANADARKO PETE CORP	$0	–	-8,300	–	-0.05%	–
GLW	Exit	CORNING INC	$0	–	-31,600	–	-0.05%	–
EBAY	Exit	EBAY INC	$0	–	-24,335	–	-0.06%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-6,850	–	-0.06%	–
ADBE	Exit	ADOBE SYS INC	$0	–	-7,405	–	-0.06%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-10,700	–	-0.06%	–
RDSA	Exit	ROYAL DUTCH SHELL SPONS ADRspon adr a	$0	–	-13,018	–	-0.06%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIONS CORPcl a	$0	–	-10,250	–	-0.06%	–
ORCL	Exit	ORACLE CORP	$0	–	-17,849	–	-0.06%	–
UNP	Exit	UNION PAC CORP	$0	–	-7,818	–	-0.07%	–
HD	Exit	HOME DEPOT INC	$0	–	-6,106	–	-0.07%	–
TGT	Exit	TARGET CORP	$0	–	-9,125	–	-0.07%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-9,049	–	-0.08%	–
AMGN	Exit	AMGEN INC	$0	–	-5,645	–	-0.08%	–
MHFI	Exit	MCGRAW HILL FINL INC	$0	–	-9,352	–	-0.08%	–
GUNR	Exit	FLEXSHARES GLOBAL UPSTREAM Nmornstar upstr	$0	–	-37,678	–	-0.09%	–
DEO	Exit	DIAGEO PLCspons adr new	$0	–	-8,284	–	-0.09%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-11,663	–	-0.09%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-6,390	–	-0.09%	–
V	Exit	VISA INC	$0	–	-13,244	–	-0.09%	–
MCD	Exit	MCDONALDS CORP	$0	–	-9,538	–	-0.09%	–
GIS	Exit	GENERAL MLS INC	$0	–	-17,885	–	-0.10%	–
TD	Exit	TORONTO DOMINION BANK	$0	–	-25,800	–	-0.10%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-17,651	–	-0.10%	–
DHR	Exit	DANAHER CORP	$0	–	-13,454	–	-0.12%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-37,270	–	-0.12%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-19,144	–	-0.12%	–
WU	Exit	WESTERN UNION CO	$0	–	-69,597	–	-0.13%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-10,506	–	-0.13%	–
ABBV	Exit	ABBVIE INC	$0	–	-25,810	–	-0.14%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-42,830	–	-0.14%	–
CI	Exit	CIGNA CORP	$0	–	-11,850	–	-0.16%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-26,978	–	-0.16%	–
RTN	Exit	RAYTHEON CO	$0	–	-15,500	–	-0.17%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-12,723	–	-0.18%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-22,545	–	-0.19%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-32,481	–	-0.19%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-42,826	–	-0.22%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-42,811	–	-0.29%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-54,905	–	-0.31%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-30,565	–	-0.34%	–
PFE	Exit	PFIZER INC	$0	–	-119,199	–	-0.38%	–
INTU	Exit	INTUIT INC	$0	–	-44,855	–	-0.40%	–
BBL	Exit	BHP BILLITON PLCsponsored adr	$0	–	-130,551	–	-0.40%	–
TJX	Exit	TJX COS INC NEW	$0	–	-58,905	–	-0.42%	–
T	Exit	AT&T INC	$0	–	-133,628	–	-0.44%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-189,529	–	-0.60%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-96,725	–	-0.65%	–
LLTC	Exit	LINEAR TECHNOLOGY CORP	$0	–	-170,909	–	-0.69%	–
SYK	Exit	STRYKER CORP	$0	–	-73,795	–	-0.70%	–
NVO	Exit	NOVO-NORDISK ASadr	$0	–	-130,367	–	-0.71%	–
ABT	Exit	ABBOTT LABS	$0	–	-181,005	–	-0.73%	–
SO	Exit	SOUTHERN CO	$0	–	-176,741	–	-0.79%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-82,228	–	-0.81%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-185,886	–	-0.81%	–
MON	Exit	MONSANTO CO NEW	$0	–	-98,762	–	-0.85%	–
MMM	Exit	3M CO	$0	–	-61,018	–	-0.87%	–
EMC	Exit	E M C CORP MASS	$0	–	-364,110	–	-0.88%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-15,667	–	-0.96%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-227,600	–	-1.01%	–
UL	Exit	UNILEVER PLCspon adr new	$0	–	-260,553	–	-1.07%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-258,958	–	-1.08%	–
QCOM	Exit	QUALCOMM INC	$0	–	-201,521	–	-1.08%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-125,965	–	-1.14%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-246,784	–	-1.16%	–
FAST	Exit	FASTENAL CO	$0	–	-319,301	–	-1.17%	–
CAT	Exit	CATERPILLAR INC	$0	–	-188,860	–	-1.24%	–
INTC	Exit	INTEL CORP	$0	–	-481,407	–	-1.46%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-563,558	–	-1.48%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-156,330	–	-1.51%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-195,105	–	-1.63%	–
PX	Exit	PRAXAIR INC	$0	–	-159,265	–	-1.63%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-125,897	–	-1.65%	–
STT	Exit	STATE STREET CORP	$0	–	-249,272	–	-1.68%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-617,518	–	-1.72%	–
SYY	Exit	SYSCO CORP	$0	–	-520,959	–	-2.04%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-230,471	–	-2.06%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-297,991	–	-2.06%	–
AAPL	Exit	APPLE INC	$0	–	-204,441	–	-2.26%	–
FISV	Exit	FISERV INC	$0	–	-293,829	–	-2.56%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-598,120	–	-2.64%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-437,109	–	-2.78%	–
MRK	Exit	MERCK & CO INC	$0	–	-706,258	–	-3.50%	–
NVS	Exit	NOVARTIS AG SPONSORED ADR	$0	–	-427,031	–	-3.94%	–
KO	Exit	COCA COLA CO	$0	–	-1,028,310	–	-4.14%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-518,502	–	-4.18%	–
PEP	Exit	PEPSICO INC	$0	–	-485,564	–	-4.59%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-674,011	–	-5.03%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-750,788	–	-5.42%	–
GE	Exit	GENERAL ELECTRIC CORP	$0	–	-2,313,449	–	-5.85%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-788,162	–	-7.38%	–

Q3 2015

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$73,567,000	-4.7%	788,162	-0.4%	7.38%	+2.9%
GE	Sell	GENERAL ELECTRIC CORP	$58,342,000	-5.9%	2,313,449	-0.8%	5.85%	+1.6%
PG	Sell	PROCTER & GAMBLE CO	$54,012,000	-8.2%	750,788	-0.0%	5.42%	-0.9%
XOM	Buy	EXXON MOBIL CORP	$50,101,000	-7.2%	674,011	+3.8%	5.03%	+0.2%
PEP	Sell	PEPSICO INC	$45,774,000	+0.8%	485,564	-0.1%	4.59%	+8.7%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$41,681,000	-0.6%	518,502	-0.8%	4.18%	+7.3%
KO	Sell	COCA COLA CO	$41,229,000	+1.4%	1,028,310	-0.7%	4.14%	+9.4%
NVS	Sell	NOVARTIS AG SPONSORED ADR	$39,252,000	-6.8%	427,031	-0.3%	3.94%	+0.5%
MRK	Buy	MERCK & CO INC	$34,881,000	-12.0%	706,258	+1.5%	3.50%	-5.0%
CL	Sell	COLGATE PALMOLIVE CO	$27,749,000	-3.2%	437,109	-0.2%	2.78%	+4.5%
EMR	Sell	EMERSON ELEC CO	$26,364,000	-21.0%	598,120	-0.7%	2.64%	-14.7%
FISV	Sell	FISERV INC	$25,486,000	+0.3%	293,829	-4.1%	2.56%	+8.2%
AAPL	Buy	APPLE INC	$22,535,000	-10.8%	204,441	+1.6%	2.26%	-3.7%
SLB	Buy	SCHLUMBERGER LTD	$20,526,000	-16.7%	297,991	+4.1%	2.06%	-10.0%
UTX	Buy	UNITED TECHNOLOGIES CORP	$20,499,000	-19.6%	230,471	+0.3%	2.06%	-13.2%
SYY	Sell	SYSCO CORP	$20,301,000	+2.0%	520,959	-5.5%	2.04%	+10.1%
KMI	Buy	KINDER MORGAN INC DEL	$17,119,000	-26.5%	617,518	+1.6%	1.72%	-20.7%
STT	Sell	STATE STREET CORP	$16,752,000	-14.1%	249,272	-1.6%	1.68%	-7.3%
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$16,417,000	-0.7%	125,897	+3.7%	1.65%	+7.2%
PX	Buy	PRAXAIR INC	$16,218,000	-12.3%	159,265	+3.0%	1.63%	-5.4%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$16,213,000	-4.5%	195,105	-3.0%	1.63%	+3.0%
CVS	Buy	CVS HEALTH CORP	$15,091,000	+21.8%	156,330	+32.4%	1.51%	+31.4%
CSCO	Sell	CISCO SYSTEMS INC	$14,772,000	-5.0%	563,558	-0.5%	1.48%	+2.6%
INTC	Sell	INTEL CORP	$14,499,000	-4.7%	481,407	-3.9%	1.46%	+2.8%
CAT	Buy	CATERPILLAR INC	$12,343,000	-20.1%	188,860	+3.8%	1.24%	-13.7%
FAST	Buy	FASTENAL CO	$11,653,000	+35.1%	319,301	+56.2%	1.17%	+45.8%
EXPD	Sell	EXPEDITORS INTL WASH INC	$11,611,000	-6.3%	246,784	-8.2%	1.16%	+1.1%
MA	Buy	MASTERCARD INCcl a	$11,364,000	+123.7%	125,965	+131.8%	1.14%	+141.5%
QCOM	Sell	QUALCOMM INC	$10,815,000	-15.8%	201,521	-1.7%	1.08%	-9.1%
JCI	Buy	JOHNSON CTLS INC	$10,711,000	-16.4%	258,958	+0.1%	1.08%	-9.8%
UL	Buy	UNILEVER PLCspon adr new	$10,629,000	-4.7%	260,553	+0.5%	1.07%	+2.8%
MSFT	Sell	MICROSOFT CORP	$10,088,000	-0.5%	227,600	-0.8%	1.01%	+7.4%
GOOG	Buy	GOOGLE INCcl c	$9,541,000	+23.2%	15,667	+5.4%	0.96%	+32.9%
EMC	Sell	E M C CORP MASS	$8,799,000	-9.0%	364,110	-0.6%	0.88%	-1.8%
MMM	Buy	3M CO	$8,651,000	+0.9%	61,018	+9.8%	0.87%	+8.9%
MON	Buy	MONSANTO CO NEW	$8,434,000	-16.7%	98,762	+4.1%	0.85%	-10.1%
VZ	Buy	VERIZON COMMUNICATIONS	$8,087,000	+41.9%	185,886	+52.0%	0.81%	+53.0%
GILD	Buy	GILEAD SCIENCES INC	$8,075,000	+12.4%	82,228	+33.8%	0.81%	+21.3%
SO	Buy	SOUTHERN CO	$7,901,000	+55.3%	176,741	+45.6%	0.79%	+67.7%
ABT	Sell	ABBOTT LABS	$7,290,000	-62.6%	181,005	-54.4%	0.73%	-59.6%
NVO	Buy	NOVO-NORDISK ASadr	$7,083,000	+11.7%	130,367	+12.8%	0.71%	+20.7%
SYK	Buy	STRYKER CORP	$6,957,000	-1.1%	73,795	+0.3%	0.70%	+6.7%
LLTC	Sell	LINEAR TECHNOLOGY CORP	$6,896,000	-9.7%	170,909	-1.0%	0.69%	-2.5%
MDT	Sell	MEDTRONIC PLC	$6,504,000	-9.8%	96,725	-0.6%	0.65%	-2.7%
BHP	Sell	BHP BILLITON LTDsponsored adr	$5,991,000	-31.4%	189,529	-11.6%	0.60%	-26.0%
T	Sell	AT&T INC	$4,353,000	-39.8%	133,628	-34.3%	0.44%	-35.0%
TJX	New	TJX COS INC NEW	$4,201,000	–	58,905	–	0.42%	–
BBL	New	BHP BILLITON PLCsponsored adr	$4,007,000	–	130,551	–	0.40%	–
INTU	Buy	INTUIT INC	$3,981,000	-11.3%	44,855	+0.8%	0.40%	-4.3%
PFE	Sell	PFIZER INC	$3,744,000	-7.3%	119,199	-1.1%	0.38%	+0.3%
SBUX	Buy	STARBUCKS CORP	$3,128,000	+440.2%	54,905	+408.5%	0.31%	+481.5%
NTRS	Sell	NORTHERN TR CORP	$2,918,000	-80.4%	42,811	-78.0%	0.29%	-78.9%
EFA	Buy	ISHARES TRmsci eafe etf	$1,862,000	-6.9%	32,481	+3.2%	0.19%	+0.5%
MKC	Buy	MCCORMICK & CO INC	$1,853,000	+27.6%	22,545	+25.7%	0.19%	+37.8%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$1,844,000	-15.7%	12,723	-5.4%	0.18%	-8.9%
ABBV	Sell	ABBVIE INC	$1,404,000	-24.8%	25,810	-7.1%	0.14%	-19.0%
EEM	Sell	ISHARES TRmsci emg mkt etf	$1,404,000	-54.5%	42,830	-45.0%	0.14%	-50.9%
WU	Sell	WESTERN UNION CO	$1,277,000	-16.0%	69,597	-6.9%	0.13%	-9.2%
WMT	Sell	WAL-MART STORES INC	$1,241,000	-72.6%	19,144	-70.1%	0.12%	-70.6%
PYPL	New	PAYPAL HLDGS INC	$1,160,000	–	37,270	–	0.12%	–
BMY	Sell	BRISTOL MYERS SQUIBB CO	$1,045,000	-11.1%	17,651	-0.2%	0.10%	-3.7%
MCD	Sell	MCDONALDS CORP	$940,000	-12.1%	9,538	-15.2%	0.09%	-5.1%
CVX	Sell	CHEVRON CORP NEW	$920,000	-33.1%	11,663	-18.2%	0.09%	-28.1%
DEO	Buy	DIAGEO PLCspons adr new	$893,000	+1.6%	8,284	+9.4%	0.09%	+9.8%
ITW	Buy	ILLINOIS TOOL WKS INC	$744,000	-1.7%	9,049	+9.7%	0.08%	+7.1%
ORCL	Sell	ORACLE CORP	$645,000	-30.6%	17,849	-22.7%	0.06%	-24.4%
RDSA	Sell	ROYAL DUTCH SHELL SPONS ADRspon adr a	$617,000	-18.2%	13,018	-1.5%	0.06%	-11.4%
CMCSA	Sell	COMCAST CORP NEWcl a	$609,000	-7.0%	10,700	-1.7%	0.06%	0.0%
EBAY	Sell	EBAY INC	$595,000	-75.0%	24,335	-38.3%	0.06%	-72.9%
GLW	Buy	CORNING INC	$541,000	-4.2%	31,600	+10.5%	0.05%	+1.9%
BXLT	New	BAXALTA INC	$487,000	–	15,460	–	0.05%	–
DIS	Sell	DISNEY WALT CO	$458,000	-11.8%	4,480	-1.4%	0.05%	-4.2%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$389,000	-24.2%	11,760	-6.4%	0.04%	-18.8%
GOOGL	Buy	GOOGLE INC-CL Acl a	$354,000	+22.9%	555	+3.7%	0.04%	+33.3%
BAX	Sell	BAXTER INTL INC	$337,000	-77.0%	10,245	-51.1%	0.03%	-75.0%
NKE	New	NIKE INCcl b	$225,000	–	1,827	–	0.02%	–
M	Sell	MACY'S INC	$218,000	-35.3%	4,250	-15.0%	0.02%	-29.0%
BDX	Exit	BECTON DICKINSON	$0	–	-1,465	–	-0.02%	–
PPG	Exit	PPG INDS INC	$0	–	-1,984	–	-0.02%	–
DOW	Exit	DOW CHEM CO	$0	–	-4,486	–	-0.02%	–
EV	Exit	EATON VANCE CORP	$0	–	-5,760	–	-0.02%	–

Q2 2015

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$77,159,000	–	791,190	–	7.17%	–
GE	New	GENERAL ELECTRIC CORP	$61,982,000	–	2,332,370	–	5.76%	–
PG	New	PROCTER & GAMBLE CO	$58,837,000	–	750,916	–	5.47%	–
XOM	New	EXXON MOBIL CORP	$53,983,000	–	649,226	–	5.02%	–
PEP	New	PEPSICO INC	$45,424,000	–	486,230	–	4.22%	–
NVS	New	NOVARTIS AG SPONSORED ADR	$42,137,000	–	428,428	–	3.92%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$41,933,000	–	522,441	–	3.90%	–
KO	New	COCA COLA CO	$40,662,000	–	1,035,924	–	3.78%	–
MRK	New	MERCK & CO INC	$39,641,000	–	695,713	–	3.68%	–
EMR	New	EMERSON ELE CO	$33,375,000	–	602,088	–	3.10%	–
CL	New	COLGATE PALMOLIVE CO	$28,668,000	–	437,826	–	2.66%	–
UTX	New	UNITED TECHNOLOGIES CORP	$25,494,000	–	229,836	–	2.37%	–
FISV	New	FISERV INC	$25,422,000	–	306,269	–	2.36%	–
AAPL	New	APPLE INC	$25,250,000	–	201,128	–	2.35%	–
SLB	New	SCHLUMBERGER LTD	$24,628,000	–	286,145	–	2.29%	–
KMI	New	KINDER MORGAN INC DEL	$23,306,000	–	607,659	–	2.17%	–
SYY	New	SYSCO CORP	$19,906,000	–	551,451	–	1.85%	–
STT	New	STATE STREET CORP	$19,502,000	–	253,211	–	1.81%	–
ABT	New	ABBOTT LABS	$19,484,000	–	396,658	–	1.81%	–
PX	New	PRAXAIR INC	$18,487,000	–	154,670	–	1.72%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$16,976,000	–	201,043	–	1.58%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL Bcl b new	$16,526,000	–	121,417	–	1.54%	–
CSCO	New	CISCO SYSTEMS INC	$15,544,000	–	566,239	–	1.44%	–
CAT	New	CATERPILLAR INC	$15,439,000	–	182,023	–	1.44%	–
INTC	New	INTEL CORP	$15,219,000	–	500,911	–	1.42%	–
NTRS	New	NORTHERN TR CORP	$14,907,000	–	194,754	–	1.39%	–
QCOM	New	QUALCOMM INC	$12,848,000	–	205,035	–	1.19%	–
JCI	New	JOHNSON CTLS INC	$12,818,000	–	258,808	–	1.19%	–
EXPD	New	EXPEDITORS INTL WASH INC	$12,394,000	–	268,832	–	1.15%	–
CVS	New	CVS HEALTH CORP	$12,388,000	–	118,055	–	1.15%	–
UL	New	UNILEVER PLCspon adr new	$11,152,000	–	259,153	–	1.04%	–
MSFT	New	MICROSOFT CORP	$10,139,000	–	229,384	–	0.94%	–
MON	New	MONSANTO CO NEW	$10,124,000	–	94,869	–	0.94%	–
EMC	New	E M C CORP MASS	$9,668,000	–	366,285	–	0.90%	–
BHP	New	BHP BILLITON LTDsponsored adr	$8,730,000	–	214,439	–	0.81%	–
FAST	New	FASTENAL CO	$8,623,000	–	204,441	–	0.80%	–
MMM	New	3M CO	$8,573,000	–	55,558	–	0.80%	–
GOOG	New	GOOGLE INCcl c	$7,742,000	–	14,867	–	0.72%	–
LLTC	New	LINEAR TECHNOLOGY CORP	$7,639,000	–	172,709	–	0.71%	–
T	New	AT&T INC	$7,226,000	–	203,439	–	0.67%	–
MDT	New	MEDTRONIC PLC	$7,208,000	–	97,274	–	0.67%	–
GILD	New	GILEAD SCIENCES INC	$7,186,000	–	61,478	–	0.67%	–
SYK	New	STRYKER CORP	$7,036,000	–	73,540	–	0.65%	–
NVO	New	NOVO-NORDISK ASadr	$6,339,000	–	115,542	–	0.59%	–
VZ	New	VERIZON COMMUNICATIONS	$5,700,000	–	122,278	–	0.53%	–
SO	New	SOUTHERN CO	$5,088,000	–	121,428	–	0.47%	–
MA	New	MASTERCARD INCcl a	$5,079,000	–	54,335	–	0.47%	–
WMT	New	WAL-MART STORES INC	$4,537,000	–	63,969	–	0.42%	–
INTU	New	INTUIT INC	$4,487,000	–	44,505	–	0.42%	–
PFE	New	PFIZER INC	$4,039,000	–	120,476	–	0.38%	–
IWM	New	ISHARES TRrussell 2000 etf	$3,817,000	–	30,565	–	0.36%	–
EEM	New	ISHARES TRmsci emg mkt etf	$3,087,000	–	77,920	–	0.29%	–
WFC	New	WELLS FARGO & CO	$2,408,000	–	42,826	–	0.22%	–
EBAY	New	EBAY INC	$2,379,000	–	39,460	–	0.22%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$2,188,000	–	13,453	–	0.20%	–
EFA	New	ISHARES TRmsci eafe etf	$1,999,000	–	31,481	–	0.19%	–
CI	New	CIGNA CORP	$1,920,000	–	11,850	–	0.18%	–
ABBV	New	ABBVIE INC	$1,867,000	–	27,785	–	0.17%	–
JPM	New	JPMORGAN CHASE & CO	$1,828,000	–	26,978	–	0.17%	–
WU	New	WESTERN UNION CO	$1,520,000	–	74,747	–	0.14%	–
RTN	New	RAYTHEON CO	$1,483,000	–	15,500	–	0.14%	–
BAX	New	BAXTER INTL INC	$1,464,000	–	20,935	–	0.14%	–
MKC	New	MCCORMICK & CO INC	$1,452,000	–	17,935	–	0.14%	–
APD	New	AIR PRODUCTS & CHEMICALS INC	$1,438,000	–	10,506	–	0.13%	–
CVX	New	CHEVRON CORP NEW	$1,375,000	–	14,254	–	0.13%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,176,000	–	17,681	–	0.11%	–
DHR	New	DANAHER CORP	$1,152,000	–	13,454	–	0.11%	–
GUNR	New	FLEXSHARES GLOBAL UPSTREAM Nmornstar upstr	$1,121,000	–	37,678	–	0.10%	–
TD	New	TORONTO DOMINION BANK	$1,099,000	–	25,800	–	0.10%	–
MCD	New	MCDONALDS CORP	$1,070,000	–	11,252	–	0.10%	–
GIS	New	GENERAL MLS INC	$997,000	–	17,885	–	0.09%	–
MHFI	New	MCGRAW HILL FINL INC	$939,000	–	9,352	–	0.09%	–
ORCL	New	ORACLE CORP	$930,000	–	23,094	–	0.09%	–
V	New	VISA INC	$889,000	–	13,244	–	0.08%	–
DEO	New	DIAGEO P L Cspons adr new	$879,000	–	7,572	–	0.08%	–
AMGN	New	AMGEN, INC	$866,000	–	5,645	–	0.08%	–
COST	New	COSTCO WHSL CORP NEW	$863,000	–	6,390	–	0.08%	–
RDSA	New	ROYAL DUTCH SHELL SPONS ADRspon adr a	$754,000	–	13,218	–	0.07%	–
ITW	New	ILLINOIS TOOL WKS INC	$757,000	–	8,249	–	0.07%	–
UNP	New	UNION PAC CORP	$746,000	–	7,818	–	0.07%	–
TGT	New	TARGET CORP	$745,000	–	9,125	–	0.07%	–
HD	New	HOME DEPOT INC	$679,000	–	6,106	–	0.06%	–
PNC	New	PNC FINL SVCS GROUP INC	$655,000	–	6,850	–	0.06%	–
CMCSA	New	COMCAST CORP NEWcl a	$655,000	–	10,885	–	0.06%	–
APC	New	ANADARKO PETE CORP	$648,000	–	8,300	–	0.06%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIONS CORPcl a	$626,000	–	10,250	–	0.06%	–
DD	New	DU PONT E I DE NEMOURS & CO	$603,000	–	9,442	–	0.06%	–
ADBE	New	ADOBE SYS INC	$600,000	–	7,405	–	0.06%	–
SBUX	New	STARBUCKS CORP	$579,000	–	10,798	–	0.05%	–
GLW	New	CORNING INC	$565,000	–	28,600	–	0.05%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$537,000	–	6,033	–	0.05%	–
DIS	New	DISNEY WALT CO	$519,000	–	4,545	–	0.05%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$513,000	–	12,560	–	0.05%	–
D	New	DOMINION RESOURCES INC	$429,000	–	6,420	–	0.04%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$373,000	–	1,365	–	0.04%	–
WWD	New	WOODWARD, INC	$370,000	–	6,720	–	0.03%	–
M	New	MACY'S INC	$337,000	–	5,000	–	0.03%	–
BIIB	New	BIOGEN IDEC INC.	$323,000	–	800	–	0.03%	–
TE	New	TECO ENERGY INC	$307,000	–	17,400	–	0.03%	–
LOW	New	LOWES COS INC	$305,000	–	4,550	–	0.03%	–
KMB	New	KIMBERLY CLARK CORP	$302,000	–	2,850	–	0.03%	–
SHW	New	SHERWIN WILLIAMS CO	$303,000	–	1,100	–	0.03%	–
GOOGL	New	GOOGLE INC-CL Acl a	$288,000	–	535	–	0.03%	–
ETN	New	EATON CORP PLC	$286,000	–	4,231	–	0.03%	–
SPH	New	SUBURBAN PROPANE PARTNERS LPunit ltd partn	$280,000	–	7,000	–	0.03%	–
MO	New	ALTRIA GROUP	$284,000	–	5,800	–	0.03%	–
NSC	New	NORFOLK SOUTHERN CORP	$266,000	–	3,044	–	0.02%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$273,000	–	3,400	–	0.02%	–
BA	New	BOEING CO	$245,000	–	1,770	–	0.02%	–
CHD	New	CHURCH & DWIGHT INC	$252,000	–	3,100	–	0.02%	–
AXP	New	AMERICAN EXPRESS CO	$233,000	–	3,000	–	0.02%	–
INDB	New	INDEPENDENT BK CORP MA	$234,000	–	5,000	–	0.02%	–
PPG	New	PPG INDS INC	$228,000	–	1,984	–	0.02%	–
DOW	New	DOW CHEM CO	$230,000	–	4,486	–	0.02%	–
EV	New	EATON VANCE CORP	$225,000	–	5,760	–	0.02%	–
BDX	New	BECTON DICKINSON	$208,000	–	1,465	–	0.02%	–
AXAS	New	ABRAXAS PETROLEUM CORP	$136,000	–	46,000	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
RY	Exit	ROYAL BK CDA MONTREAL QUEBEC	$0	–	-2,852	–	-0.02%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-2,617	–	-0.02%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-3,100	–	-0.02%	–
CREE	Exit	CREE INC	$0	–	-5,720	–	-0.02%	–
DOW	Exit	DOW CHEM CO	$0	–	-4,486	–	-0.02%	–
EV	Exit	EATON VANCE CORP	$0	–	-6,260	–	-0.02%	–
AXAS	Exit	ABRAXAS PETE CORP	$0	–	-46,000	–	-0.02%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-3,805	–	-0.02%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS LP	$0	–	-6,682	–	-0.02%	–
ETN	Exit	EATON CORP PLC	$0	–	-4,231	–	-0.02%	–
LOW	Exit	LOWES COS INC	$0	–	-5,050	–	-0.02%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,800	–	-0.02%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-3,400	–	-0.02%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,300	–	-0.02%	–
CTAS	Exit	CINTAS CORP	$0	–	-4,200	–	-0.03%	–
TGT	Exit	TARGET CORP	$0	–	-4,750	–	-0.03%	–
M	Exit	MACYS INC	$0	–	-5,000	–	-0.03%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-900	–	-0.03%	–
TE	Exit	TECO ENERGY INC	$0	–	-17,400	–	-0.03%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-523	–	-0.03%	–
SPH	Exit	SUBURBAN PROPANE PARTNERS LPunit ltd partn	$0	–	-7,000	–	-0.03%	–
WWD	Exit	WOODWARD INC	$0	–	-6,720	–	-0.03%	–
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIONS CORPcl a	$0	–	-7,400	–	-0.03%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-2,965	–	-0.03%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-3,044	–	-0.03%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-4,599	–	-0.03%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-6,785	–	-0.03%	–
ROST	Exit	ROSS STORES INC	$0	–	-5,055	–	-0.03%	–
GLW	Exit	CORNING INC	$0	–	-21,500	–	-0.04%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-6,033	–	-0.04%	–
D	Exit	DOMINION RES INC VA NEW	$0	–	-6,970	–	-0.04%	–
HSP	Exit	HOSPIRA INC	$0	–	-9,436	–	-0.04%	–
DIS	Exit	DISNEY WALT CO	$0	–	-5,699	–	-0.04%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-12,488	–	-0.05%	–
HD	Exit	HOME DEPOT INC	$0	–	-6,106	–	-0.05%	–
BP	Exit	BP PLCsponsored adr	$0	–	-13,202	–	-0.05%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-7,934	–	-0.06%	–
UNP	Exit	UNION PAC CORP	$0	–	-6,200	–	-0.06%	–
DEO	Exit	DIAGEO P L Cspon adr new	$0	–	-5,972	–	-0.06%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-9,642	–	-0.06%	–
V	Exit	VISA INC	$0	–	-3,311	–	-0.06%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-5,790	–	-0.06%	–
AMGN	Exit	AMGEN INC	$0	–	-5,645	–	-0.07%	–
MHFI	Exit	MCGRAW HILL FINL INC	$0	–	-9,900	–	-0.07%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-11,204	–	-0.08%	–
ORCL	Exit	ORACLE CORP	$0	–	-23,484	–	-0.08%	–
4945SC	Exit	KINDER MORGAN ENERGY PARTNERSut ltd partner	$0	–	-10,775	–	-0.09%	–
BA	Exit	BOEING CO	$0	–	-7,920	–	-0.09%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-48,066	–	-0.09%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspon adr a	$0	–	-14,218	–	-0.10%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-21,450	–	-0.10%	–
GIS	Exit	GENERAL MLS INC	$0	–	-21,775	–	-0.10%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-4,693	–	-0.10%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-10,950	–	-0.10%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-13,750	–	-0.11%	–
TD	Exit	TORONTO DOMINON BK ONT	$0	–	-25,800	–	-0.11%	–
GUNR	Exit	FLEXSHARES TRmornstar upstr	$0	–	-37,678	–	-0.12%	–
WU	Exit	WESTERN UN CO	$0	–	-100,397	–	-0.14%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-27,508	–	-0.15%	–
ABB	Exit	ABB LTD SPONS ADRsponsored adr	$0	–	-74,739	–	-0.15%	–
RTN	Exit	RAYTHEON CO	$0	–	-16,468	–	-0.15%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-16,300	–	-0.16%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-15,615	–	-0.17%	–
BAX	Exit	BAXTER INTL INC	$0	–	-26,835	–	-0.17%	–
MCD	Exit	MCDONALDS CORP	$0	–	-21,673	–	-0.18%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-32,656	–	-0.19%	–
CI	Exit	CIGNA CORPORATION	$0	–	-23,400	–	-0.19%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-42,916	–	-0.20%	–
EBAY	Exit	EBAY INC	$0	–	-40,370	–	-0.20%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-20,629	–	-0.24%	–
INTU	Exit	INTUIT	$0	–	-35,055	–	-0.27%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-79,970	–	-0.29%	–
FAST	Exit	FASTENAL CO	$0	–	-77,951	–	-0.31%	–
PFE	Exit	PFIZER INC	$0	–	-122,815	–	-0.32%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-7,700	–	-0.39%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-60,559	–	-0.41%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-47,473	–	-0.45%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-107,540	–	-0.46%	–
SO	Exit	SOUTHERN CO	$0	–	-118,446	–	-0.46%	–
MDT	Exit	MEDTRONIC INC	$0	–	-90,024	–	-0.50%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-118,890	–	-0.53%	–
SYK	Exit	STRYKER CORP	$0	–	-75,215	–	-0.54%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-32,910	–	-0.56%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-91,459	–	-0.65%	–
ABBV	Exit	ABBVIE INC	$0	–	-127,189	–	-0.65%	–
T	Exit	AT&T INC	$0	–	-215,784	–	-0.68%	–
LLTC	Exit	LINEAR TECHNOLOGY CORP	$0	–	-181,544	–	-0.72%	–
MMM	Exit	3M CO	$0	–	-56,946	–	-0.72%	–
MON	Exit	MONSANTO CO NEW	$0	–	-89,184	–	-0.89%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-233,201	–	-0.96%	–
EMC	Exit	E M C CORP MASS	$0	–	-372,240	–	-0.96%	–
UL	Exit	UNILEVER PLCspon adr new	$0	–	-260,052	–	-0.97%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-255,560	–	-1.00%	–
EXPD	Exit	EXPEDITORS INTL WASH INC	$0	–	-277,749	–	-1.00%	–
WAG	Exit	WALGREEN CO	$0	–	-206,605	–	-1.09%	–
CSCO	Exit	CISCO SYS INC	$0	–	-579,901	–	-1.30%	–
QCOM	Exit	QUALCOMM INC	$0	–	-198,645	–	-1.32%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-279,495	–	-1.46%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-122,217	–	-1.50%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-257,230	–	-1.55%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-177,268	–	-1.56%	–
INTC	Exit	INTEL CORP	$0	–	-536,476	–	-1.66%	–
SIAL	Exit	SIGMA ALDRICH CORP	$0	–	-137,926	–	-1.67%	–
STT	Exit	STATE STR CORP	$0	–	-258,766	–	-1.69%	–
PX	Exit	PRAXAIR INC	$0	–	-155,370	–	-1.78%	–
AAPL	Exit	APPLE INC	$0	–	-200,955	–	-1.80%	–
ABT	Exit	ABBOTT LABS	$0	–	-495,287	–	-1.83%	–
FISV	Exit	FISERV INC	$0	–	-320,115	–	-1.84%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-579,791	–	-1.98%	–
SYY	Exit	SYSCO CORP	$0	–	-617,897	–	-2.08%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-230,772	–	-2.16%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-274,105	–	-2.47%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-443,489	–	-2.57%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-608,158	–	-3.38%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-431,298	–	-3.61%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-700,641	–	-3.69%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-531,220	–	-3.90%	–
KO	Exit	COCA COLA CO	$0	–	-1,052,054	–	-3.99%	–
PEP	Exit	PEPSICO INC	$0	–	-494,625	–	-4.09%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-2,360,420	–	-5.37%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-667,971	–	-5.58%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-769,168	–	-5.72%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-799,258	–	-7.56%	–

Q3 2014

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$85,082,000	-0.9%	799,258	-2.5%	7.56%	+1.8%
PG	Sell	PROCTER & GAMBLE CO	$64,376,000	+5.2%	769,168	-1.1%	5.72%	+8.1%
XOM	Sell	EXXON MOBIL CORP	$62,777,000	-7.7%	667,971	-1.0%	5.58%	-5.1%
GE	Buy	GENERAL ELECTRIC CO	$60,422,000	-2.2%	2,360,420	+0.4%	5.37%	+0.5%
PEP	Sell	PEPSICO INC	$46,030,000	+2.6%	494,625	-1.5%	4.09%	+5.4%
KO	Sell	COCA COLA CO	$44,888,000	+0.4%	1,052,054	-0.3%	3.99%	+3.2%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$43,829,000	+2.0%	531,220	-1.9%	3.90%	+4.7%
MRK	Sell	MERCK & CO INC NEW	$41,505,000	+1.2%	700,641	-1.0%	3.69%	+4.0%
NVS	Sell	NOVARTIS A Gsponsored adr	$40,572,000	+2.5%	431,298	-1.3%	3.61%	+5.3%
EMR	Sell	EMERSON ELEC CO	$38,013,000	-6.2%	608,158	-0.4%	3.38%	-3.6%
CL	Sell	COLGATE PALMOLIVE CO	$28,912,000	-5.3%	443,489	-0.9%	2.57%	-2.7%
SLB	Buy	SCHLUMBERGER LTD	$27,823,000	-13.6%	274,105	+0.4%	2.47%	-11.2%
UTX	Buy	UNITED TECHNOLOGIES CORP	$24,342,000	-7.0%	230,772	+1.8%	2.16%	-4.5%
SYY	Sell	SYSCO CORP	$23,430,000	-3.2%	617,897	-4.4%	2.08%	-0.6%
KMI	Buy	KINDER MORGAN INC DEL	$22,222,000	+6.2%	579,791	+0.4%	1.98%	+9.1%
FISV	Sell	FISERV INC	$20,678,000	+5.1%	320,115	-1.7%	1.84%	+7.9%
ABT	Sell	ABBOTT LABS	$20,584,000	+0.9%	495,287	-0.7%	1.83%	+3.7%
AAPL	Sell	APPLE INC	$20,216,000	+7.2%	200,955	-0.9%	1.80%	+10.1%
PX	Buy	PRAXAIR INC	$20,009,000	-3.0%	155,370	+0.0%	1.78%	-0.4%
STT	Sell	STATE STR CORP	$19,036,000	+8.6%	258,766	-0.7%	1.69%	+11.5%
SIAL	Sell	SIGMA ALDRICH CORP	$18,758,000	+32.1%	137,926	-1.4%	1.67%	+35.7%
INTC	Sell	INTEL CORP	$18,623,000	-3.1%	536,476	-13.7%	1.66%	-0.4%
CAT	Buy	CATERPILLAR INC DEL	$17,554,000	-8.6%	177,268	+0.3%	1.56%	-6.2%
NTRS	Sell	NORTHERN TR CORP	$17,475,000	+4.7%	257,230	-1.0%	1.55%	+7.5%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$16,884,000	+9.1%	122,217	-0.1%	1.50%	+12.0%
BHP	Sell	BHP BILLITON LTDsponsored adr	$16,448,000	-14.3%	279,495	-0.3%	1.46%	-12.0%
QCOM	Buy	QUALCOMM INC	$14,833,000	-4.8%	198,645	+1.0%	1.32%	-2.2%
CSCO	Sell	CISCO SYS INC	$14,590,000	-0.3%	579,901	-1.4%	1.30%	+2.4%
WAG	Sell	WALGREEN CO	$12,246,000	-20.9%	206,605	-1.1%	1.09%	-18.7%
EXPD	Sell	EXPEDITORS INTL WASH INC	$11,271,000	-13.7%	277,749	-6.1%	1.00%	-11.3%
JCI	Sell	JOHNSON CTLS INC	$11,245,000	-12.0%	255,560	-0.2%	1.00%	-9.6%
UL	Sell	UNILEVER PLCspon adr new	$10,862,000	-8.6%	260,052	-0.7%	0.97%	-6.0%
EMC	Sell	E M C CORP MASS	$10,859,000	+10.3%	372,240	-0.3%	0.96%	+13.3%
MSFT	Sell	MICROSOFT CORP	$10,793,000	+5.7%	233,201	-4.7%	0.96%	+8.6%
MON	Sell	MONSANTO CO NEW	$10,016,000	-10.2%	89,184	-0.3%	0.89%	-7.9%
LLTC	Sell	LINEAR TECHNOLOGY CORP	$8,059,000	-10.2%	181,544	-4.8%	0.72%	-7.9%
T	Buy	AT&T INC	$7,602,000	+1.5%	215,784	+1.9%	0.68%	+4.3%
ABBV	Sell	ABBVIE INC	$7,347,000	-70.2%	127,189	-70.8%	0.65%	-69.4%
CVS	Sell	CVS HEALTH CORP	$7,277,000	+5.1%	91,459	-0.4%	0.65%	+8.0%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$6,246,000	+4.4%	32,910	-0.2%	0.56%	+7.1%
SYK	Sell	STRYKER CORP	$6,083,000	-6.2%	75,215	-1.9%	0.54%	-3.6%
VZ	Buy	VERIZON COMMUNICATIONS	$5,943,000	+2.3%	118,890	+0.1%	0.53%	+5.0%
MDT	Sell	MEDTRONIC INC	$5,587,000	-9.3%	90,024	-6.8%	0.50%	-6.8%
SO	Buy	SOUTHERN CO	$5,170,000	-3.3%	118,446	+0.5%	0.46%	-0.6%
NVO	Buy	NOVO-NORDISK A Sadr	$5,124,000	+18.4%	107,540	+14.9%	0.46%	+21.9%
GILD	Buy	GILEAD SCIENCES INC	$5,044,000	+31.6%	47,473	+3.4%	0.45%	+34.9%
GOOG	Buy	GOOGLE INCcl c	$4,432,000	+97.2%	7,700	+97.6%	0.39%	+103.1%
PFE	Sell	PFIZER INC	$3,631,000	-1.3%	122,815	-0.9%	0.32%	+1.6%
FAST	Sell	FASTENAL CO	$3,497,000	-9.7%	77,951	-0.5%	0.31%	-7.2%
EEM	Buy	ISHARES TRmsci emg mkt etf	$3,311,000	+3.1%	79,970	+7.9%	0.29%	+5.8%
INTU	Buy	INTUIT	$3,072,000	+10.1%	35,055	+1.2%	0.27%	+12.8%
APD	Buy	AIR PRODS & CHEMS INC	$2,685,000	+1.4%	20,629	+0.2%	0.24%	+4.4%
EBAY	Buy	EBAY INC	$2,277,000	+19.8%	40,370	+6.5%	0.20%	+22.4%
WFC	Buy	WELLS FARGO & CO NEW	$2,226,000	-1.1%	42,916	+0.2%	0.20%	+1.5%
CI	Sell	CIGNA CORPORATION	$2,122,000	-3.5%	23,400	-2.1%	0.19%	-0.5%
EFA	Sell	ISHARES TRmsci eafe etf	$2,093,000	-9.6%	32,656	-3.6%	0.19%	-7.0%
MCD	Sell	MCDONALDS CORP	$2,055,000	-6.3%	21,673	-0.5%	0.18%	-3.7%
BAX	Buy	BAXTER INTL INC	$1,926,000	+64.5%	26,835	+65.8%	0.17%	+69.3%
CVX	Buy	CHEVRON CORP NEW	$1,863,000	-8.3%	15,615	+0.3%	0.17%	-5.7%
IWM	Sell	ISHARES TRrussell 2000 etf	$1,782,000	-45.4%	16,300	-40.6%	0.16%	-44.2%
ABB	Sell	ABB LTD SPONS ADRsponsored adr	$1,675,000	-42.9%	74,739	-41.3%	0.15%	-41.3%
JPM	Sell	JPMORGAN CHASE & CO	$1,657,000	+2.6%	27,508	-1.8%	0.15%	+5.0%
WU	Sell	WESTERN UN CO	$1,611,000	-10.1%	100,397	-2.8%	0.14%	-7.7%
AXP	Buy	AMERICAN EXPRESS CO	$1,204,000	-6.2%	13,750	+1.7%	0.11%	-3.6%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$1,098,000	+6.3%	21,450	+0.7%	0.10%	+10.1%
AMAT	Sell	APPLIED MATLS INC	$1,037,000	-48.4%	48,066	-46.1%	0.09%	-47.1%
BA	Buy	BOEING CO	$1,009,000	+0.7%	7,920	+0.6%	0.09%	+3.4%
4945SC	Sell	KINDER MORGAN ENERGY PARTNERSut ltd partner	$1,005,000	+12.4%	10,775	-0.9%	0.09%	+15.6%
ORCL	Buy	ORACLE CORP	$898,000	-5.4%	23,484	+0.4%	0.08%	-2.4%
DHR	Sell	DANAHER CORP DEL	$851,000	-7.2%	11,204	-3.8%	0.08%	-3.8%
MHFI	Sell	MCGRAW HILL FINL INC	$836,000	-3.2%	9,900	-4.8%	0.07%	-1.3%
AMGN	Sell	AMGEN INC	$793,000	+15.1%	5,645	-3.0%	0.07%	+16.7%
V	Buy	VISA INC	$707,000	+4.9%	3,311	+3.4%	0.06%	+8.6%
DEO	Buy	DIAGEO P L Cspon adr new	$689,000	-9.2%	5,972	+0.1%	0.06%	-7.6%
UNP	Buy	UNION PAC CORP	$672,000	+12.2%	6,200	+3.3%	0.06%	+15.4%
BP	Sell	BP PLCsponsored adr	$580,000	-19.8%	13,202	-3.6%	0.05%	-17.5%
HD	Sell	HOME DEPOT INC	$561,000	-5.9%	6,106	-17.0%	0.05%	-3.8%
ESRX	Buy	EXPRESS SCRIPTS HLDG CO	$426,000	+3.6%	6,033	+1.6%	0.04%	+5.6%
GLW	New	CORNING INC	$416,000	–	21,500	–	0.04%	–
ROST	Buy	ROSS STORES INC	$382,000	+15.4%	5,055	+1.1%	0.03%	+17.2%
CMCSA	Buy	COMCAST CORP NEWcl a	$365,000	+3.1%	6,785	+2.8%	0.03%	+3.2%
SBUX	Buy	STARBUCKS CORP	$348,000	-1.4%	4,599	+0.7%	0.03%	0.0%
NSC	Buy	NORFOLK SOUTHERN CORP	$340,000	+10.7%	3,044	+2.2%	0.03%	+11.1%
GOOGL	Buy	GOOGLE INCcl a	$308,000	+2.0%	523	+1.4%	0.03%	+3.8%
TGT	Sell	TARGET CORP	$298,000	+4.9%	4,750	-3.1%	0.03%	+4.0%
CTAS	Sell	CINTAS CORP	$296,000	+3.5%	4,200	-6.7%	0.03%	+4.0%
PM	Sell	PHILIP MORRIS INTL INC	$284,000	-6.6%	3,400	-5.6%	0.02%	-3.8%
EPD	Buy	ENTERPRISE PRODS PARTNERS LP	$269,000	+2.7%	6,682	+100.0%	0.02%	+4.3%
ETN	Buy	EATON CORP PLC	$268,000	-15.7%	4,231	+2.7%	0.02%	-14.3%
MKC	New	MCCORMICK & CO INC	$254,000	–	3,805	–	0.02%	–
AXAS	Buy	ABRAXAS PETE CORP	$243,000	-2.8%	46,000	+15.0%	0.02%	0.0%
COP	Buy	CONOCOPHILLIPS	$200,000	-8.7%	2,617	+2.4%	0.02%	-5.3%
EPP	Exit	ISHARESmsci pac jp etf	$0	–	-4,285	–	-0.02%	–
PPG	Exit	PPG INDS INC	$0	–	-992	–	-0.02%	–

Q2 2014

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$85,821,000	–	819,651	–	7.43%	–
XOM	New	EXXONMOBIL CORP	$67,986,000	–	674,976	–	5.88%	–
GE	New	GENERAL ELECTRIC CORP	$61,780,000	–	2,350,283	–	5.35%	–
PG	New	PROCTER & GAMBLE CO	$61,172,000	–	777,836	–	5.29%	–
PEP	New	PEPSICO INC	$44,848,000	–	502,070	–	3.88%	–
KO	New	COCA COLA CO	$44,687,000	–	1,055,084	–	3.87%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$42,981,000	–	541,765	–	3.72%	–
MRK	New	MERCK & CO INC NEW	$40,993,000	–	708,011	–	3.55%	–
EMR	New	EMERSON ELEC CO	$40,515,000	–	610,413	–	3.51%	–
NVS	New	NOVARTIS A Gsponsored adr	$39,590,000	–	436,993	–	3.43%	–
SLB	New	SCHLUMBERGER LTD	$32,192,000	–	272,942	–	2.79%	–
CL	New	COLGATE PALMOLIVE CO	$30,516,000	–	447,403	–	2.64%	–
UTX	New	UNITED TECHNOLOGIES CORP	$26,185,000	–	226,736	–	2.27%	–
ABBV	New	ABBVIE INC	$24,636,000	–	436,211	–	2.13%	–
SYY	New	SYSCO CORP	$24,205,000	–	646,567	–	2.10%	–
KMI	New	KINDER MORGAN INC DEL	$20,929,000	–	577,511	–	1.81%	–
PX	New	PRAXAIR INC	$20,633,000	–	155,320	–	1.79%	–
ABT	New	ABBOTT LABS	$20,401,000	–	498,537	–	1.76%	–
FISV	New	FISERV INC	$19,681,000	–	325,670	–	1.70%	–
CAT	New	CATERPILLAR INC	$19,211,000	–	176,780	–	1.66%	–
INTC	New	INTEL CORP	$19,221,000	–	621,871	–	1.66%	–
BHP	New	BHP BILLITON LTDsponsored adr	$19,203,000	–	280,315	–	1.66%	–
AAPL	New	APPLE INC	$18,861,000	–	202,835	–	1.63%	–
STT	New	STATE STR CORP	$17,526,000	–	260,505	–	1.52%	–
NTRS	New	NORTHERN TR CORP	$16,696,000	–	259,865	–	1.44%	–
QCOM	New	QUALCOMM INC	$15,582,000	–	196,598	–	1.35%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$15,481,000	–	122,317	–	1.34%	–
WAG	New	WALGREEN CO	$15,480,000	–	208,815	–	1.34%	–
CSCO	New	CISCO SYS INC	$14,630,000	–	588,386	–	1.27%	–
SIAL	New	SIGMA ALDRICH CORP	$14,204,000	–	139,851	–	1.23%	–
EXPD	New	EXPEDITORS INTL WASH INC	$13,057,000	–	295,669	–	1.13%	–
JCI	New	JOHNSON CTLS INC	$12,781,000	–	255,995	–	1.11%	–
UL	New	UNILEVER PLCspon adr new	$11,880,000	–	261,855	–	1.03%	–
MON	New	MONSANTO CO NEW	$11,159,000	–	89,496	–	0.97%	–
MSFT	New	MICROSOFT CORP	$10,207,000	–	244,606	–	0.88%	–
EMC	New	E M C CORP MASS	$9,848,000	–	373,510	–	0.85%	–
LLTC	New	LINEAR TECHNOLOGY CORP	$8,973,000	–	190,619	–	0.78%	–
MMM	New	3M CO	$8,157,000	–	56,946	–	0.71%	–
T	New	AT&T INC	$7,488,000	–	211,734	–	0.65%	–
CVS	New	CVS CAREMARK CORPORATION	$6,926,000	–	91,859	–	0.60%	–
SYK	New	STRYKER CORP	$6,483,000	–	76,640	–	0.56%	–
MDT	New	MEDTRONIC INC	$6,160,000	–	96,574	–	0.53%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$5,981,000	–	32,975	–	0.52%	–
VZ	New	VERIZON COMMUNICATIONS INC	$5,810,000	–	118,742	–	0.50%	–
SO	New	SOUTHERN CO	$5,348,000	–	117,846	–	0.46%	–
WMT	New	WAL MART STORES INC	$4,546,000	–	60,559	–	0.39%	–
NVO	New	NOVO-NORDISK A Sadr	$4,327,000	–	93,635	–	0.37%	–
FAST	New	FASTENAL CO	$3,874,000	–	78,326	–	0.34%	–
GILD	New	GILEAD SCIENCES INC	$3,833,000	–	45,913	–	0.33%	–
PFE	New	PFIZER INC	$3,680,000	–	123,970	–	0.32%	–
IWM	New	ISHARESrussell 2000 etf	$3,266,000	–	27,430	–	0.28%	–
EEM	New	ISHARESmsci emg mkt etf	$3,211,000	–	74,130	–	0.28%	–
ABB	New	ABB LTDsponsored adr	$2,931,000	–	127,334	–	0.25%	–
INTU	New	INTUIT	$2,791,000	–	34,655	–	0.24%	–
APD	New	AIR PROD & CHEMS INC	$2,649,000	–	20,593	–	0.23%	–
EFA	New	ISHARESmsci eafe etf	$2,316,000	–	33,881	–	0.20%	–
WFC	New	WELLS FARGO & CO NEW	$2,251,000	–	42,821	–	0.20%	–
GOOG	New	GOOGLE INCcl c	$2,247,000	–	3,896	–	0.19%	–
MCD	New	MCDONALDS CORP	$2,193,000	–	21,773	–	0.19%	–
CI	New	CIGNA CORPORATION	$2,198,000	–	23,900	–	0.19%	–
CVX	New	CHEVRON CORP NEW	$2,032,000	–	15,567	–	0.18%	–
AMAT	New	APPLIED MATLS INC	$2,011,000	–	89,166	–	0.17%	–
EBAY	New	EBAY INC	$1,901,000	–	37,895	–	0.16%	–
WU	New	WESTERN UN CO	$1,791,000	–	103,297	–	0.16%	–
JPM	New	JPMORGAN CHASE & CO	$1,615,000	–	28,023	–	0.14%	–
RTN	New	RAYTHEON CO	$1,519,000	–	16,468	–	0.13%	–
GUNR	New	FLEXSHARES TRmorn upstr	$1,408,000	–	37,678	–	0.12%	–
TD	New	TORONTO DOMINION BK ONT	$1,340,000	–	25,800	–	0.12%	–
AXP	New	AMERICAN EXPRESS CO	$1,283,000	–	13,525	–	0.11%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$1,223,000	–	4,693	–	0.11%	–
KMB	New	KIMBERLY CLARK CORP	$1,218,000	–	10,950	–	0.10%	–
BAX	New	BAXTER INTL INC	$1,171,000	–	16,190	–	0.10%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$1,171,000	–	14,218	–	0.10%	–
GIS	New	GENERAL MLS INC	$1,144,000	–	21,775	–	0.10%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,033,000	–	21,300	–	0.09%	–
BA	New	BOEING CO	$1,002,000	–	7,875	–	0.09%	–
ORCL	New	ORACLE CORP	$949,000	–	23,389	–	0.08%	–
DHR	New	DANAHER CORP DEL	$917,000	–	11,646	–	0.08%	–
4945SC	New	KINDER MORGAN ENERGY PARTNERut ltd partner	$894,000	–	10,875	–	0.08%	–
MHFI	New	MCGRAW HILL FINL INC	$864,000	–	10,400	–	0.08%	–
DEO	New	DIAGEO PLCspon adr new	$759,000	–	5,964	–	0.07%	–
BP	New	BP PLCsponsored adr	$723,000	–	13,702	–	0.06%	–
ITW	New	ILLINOIS TOOL WKS INC	$694,000	–	7,934	–	0.06%	–
AMGN	New	AMGEN INC	$689,000	–	5,820	–	0.06%	–
COST	New	COSTCO WHSL CORP NEW	$667,000	–	5,790	–	0.06%	–
V	New	VISA INC	$674,000	–	3,201	–	0.06%	–
DD	New	DU PONT E I DE NEMOURS & CO	$631,000	–	9,642	–	0.06%	–
HD	New	HOME DEPOT INC	$596,000	–	7,356	–	0.05%	–
UNP	New	UNION PAC CORP	$599,000	–	6,000	–	0.05%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$538,000	–	12,488	–	0.05%	–
D	New	DOMINION RES INC VA NEW	$498,000	–	6,970	–	0.04%	–
HSP	New	HOSPIRA INC	$485,000	–	9,436	–	0.04%	–
DIS	New	DISNEY WALT CO	$489,000	–	5,699	–	0.04%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$411,000	–	5,938	–	0.04%	–
SBUX	New	STARBUCKS CORP	$353,000	–	4,569	–	0.03%	–
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIOcl a	$362,000	–	7,400	–	0.03%	–
CMCSA	New	COMCAST CORP NEWcl a	$354,000	–	6,600	–	0.03%	–
BDX	New	BECTON DICKINSON	$351,000	–	2,965	–	0.03%	–
ROST	New	ROSS STORES INC	$331,000	–	5,000	–	0.03%	–
WWD	New	WOODWARD, INC	$337,000	–	6,720	–	0.03%	–
ETN	New	EATON CORP PLC	$318,000	–	4,119	–	0.03%	–
SPH	New	SUBURBAN PROPANE PARTNERS LPunit ltd partn	$322,000	–	7,000	–	0.03%	–
TE	New	TECO ENERGY INC	$321,000	–	17,400	–	0.03%	–
NSC	New	NORFOLK SOUTHERN CORP	$307,000	–	2,979	–	0.03%	–
GOOGL	New	GOOGLE INCcl a	$302,000	–	516	–	0.03%	–
PM	New	PHILIP MORRIS INTL INC	$304,000	–	3,600	–	0.03%	–
M	New	MACY'S INC	$290,000	–	5,000	–	0.02%	–
TGT	New	TARGET CORP	$284,000	–	4,900	–	0.02%	–
CTAS	New	CINTAS CORP	$286,000	–	4,500	–	0.02%	–
BIIB	New	BIOGEN IDEC INC	$284,000	–	900	–	0.02%	–
CREE	New	CREE INC	$286,000	–	5,720	–	0.02%	–
EPD	New	ENTERPRISE PRODS PARTNERS LP	$262,000	–	3,341	–	0.02%	–
SHW	New	SHERWIN WILLIAMS CO	$269,000	–	1,300	–	0.02%	–
AXAS	New	ABRAXAS PETE CORP	$250,000	–	40,000	–	0.02%	–
LOW	New	LOWES COS INC	$242,000	–	5,050	–	0.02%	–
EV	New	EATON VANCE CORP	$237,000	–	6,260	–	0.02%	–
MO	New	ALTRIA GROUP INC	$243,000	–	5,800	–	0.02%	–
DOW	New	DOW CHEM CO	$231,000	–	4,486	–	0.02%	–
CHD	New	CHURCH & DWIGHT INC	$216,000	–	3,100	–	0.02%	–
COP	New	CONOCOPHILLIPS	$219,000	–	2,555	–	0.02%	–
RY	New	ROYAL BK CDA MONTREAL QUE	$204,000	–	2,852	–	0.02%	–
PPG	New	PPG INDS INC	$208,000	–	992	–	0.02%	–
EPP	New	ISHARESmsci pac jp etf	$211,000	–	4,285	–	0.02%	–

Q4 2013

			Value		Shares		↓ Weighting
AXAS	Exit	ABRAXAS PETE CORP	$0	–	-40,000	–	-0.01%	–
HD	Exit	HOME DEPOT INC	$0	–	-2,661	–	-0.02%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS LP	$0	–	-3,341	–	-0.02%	–
BIIB	Exit	BIOGEN IDEC INC	$0	–	-900	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INCcl a	$0	–	-6,877	–	-0.02%	–
EPP	Exit	ISHARES MSCI PACIFIC EX-JAPAN ETFmsci pac j idx	$0	–	-4,885	–	-0.02%	–
M	Exit	MACY'S INC	$0	–	-5,750	–	-0.02%	–
BDX	Exit	BECTON DICKINSON	$0	–	-2,615	–	-0.03%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,500	–	-0.03%	–
EV	Exit	EATON VANCE CORP	$0	–	-7,260	–	-0.03%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-2,970	–	-0.03%	–
TE	Exit	TECO ENERGY CORP	$0	–	-17,400	–	-0.03%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-3,600	–	-0.03%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRUSTutser1 s&pdcrp	$0	–	-1,415	–	-0.03%	–
SPH	Exit	SUBURBAN PROPANE PARTNERS LPunit ltd partn	$0	–	-7,000	–	-0.03%	–
DEO	Exit	DIAGEO PLCsponsored adr new	$0	–	-2,677	–	-0.03%	–
ETR	Exit	ENTERGY CORP	$0	–	-5,500	–	-0.04%	–
CREE	Exit	CREE INC	$0	–	-6,920	–	-0.04%	–
BAX	Exit	BAXTER INTL INC	$0	–	-6,650	–	-0.04%	–
D	Exit	DOMINION RESOURCES INC	$0	–	-7,269	–	-0.05%	–
AMGN	Exit	AMGEN INC	$0	–	-4,250	–	-0.05%	–
MCD	Exit	MCDONALDS CORP	$0	–	-5,232	–	-0.05%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-13,188	–	-0.05%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-9,842	–	-0.06%	–
ORCL	Exit	ORACLE CORP	$0	–	-17,970	–	-0.06%	–
MHFI	Exit	MCGRAW HILL FINANCIAL INC	$0	–	-11,900	–	-0.08%	–
4945SC	Exit	KINDER MORGAN ENERGY PARTNERS LPut ltd partner	$0	–	-11,525	–	-0.09%	–
RDSA	Exit	ROYAL DUTCH SHELL SPONS ADRspons adr a	$0	–	-14,218	–	-0.09%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-20,679	–	-0.10%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-24,873	–	-0.10%	–
GIS	Exit	GENERAL MLS INC	$0	–	-23,850	–	-0.12%	–
TD	Exit	TORONTO DOMINION BANK	$0	–	-12,900	–	-0.12%	–
RTN	Exit	RAYTHEON COMPANY	$0	–	-16,468	–	-0.13%	–
EFA	Exit	ISHARES MSCI EAFE ETFmsci eafe index fund	$0	–	-24,535	–	-0.16%	–
CVX	Exit	CHEVRON CORPORATION	$0	–	-12,900	–	-0.16%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-31,278	–	-0.16%	–
WU	Exit	WESTERN UNION CO	$0	–	-123,197	–	-0.23%	–
INTU	Exit	INTUIT INC	$0	–	-38,780	–	-0.26%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000	$0	–	-31,640	–	-0.34%	–
IBM	Exit	INTL. BUSINESS MACHINES CORP	$0	–	-19,085	–	-0.36%	–
FAST	Exit	FASTENAL CO	$0	–	-75,011	–	-0.38%	–
PFE	Exit	PFIZER INC	$0	–	-132,167	–	-0.38%	–
CVS	Exit	CVS CAREMARK CORP	$0	–	-68,521	–	-0.39%	–
WMT	Exit	WAL MART STORES INC	$0	–	-61,034	–	-0.45%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-115,036	–	-0.48%	–
EEM	Exit	ISHARES MSCI EMERGING MKT ETFmsci emerg mkt	$0	–	-119,190	–	-0.49%	–
SYK	Exit	STRYKER CORP	$0	–	-75,040	–	-0.51%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-110,910	–	-0.52%	–
MDT	Exit	MEDTRONIC INC	$0	–	-100,240	–	-0.54%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-352,851	–	-0.62%	–
T	Exit	AT&T INC	$0	–	-194,454	–	-0.66%	–
ABB	Exit	ABB LTDsponsored adr	$0	–	-293,775	–	-0.70%	–
MMM	Exit	3M CO	$0	–	-59,911	–	-0.72%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-230,479	–	-0.77%	–
LLTC	Exit	LINEAR TECHNOLOGY CORP	$0	–	-209,682	–	-0.84%	–
MON	Exit	MONSANTO CO NEW	$0	–	-88,579	–	-0.93%	–
EMC	Exit	EMC CORP MASS	$0	–	-369,920	–	-0.95%	–
UL	Exit	UNILEVER PLC SPONS ADRspons adr	$0	–	-255,675	–	-0.99%	–
JCI	Exit	JOHNSON CONTROLS INC	$0	–	-257,285	–	-1.07%	–
SIAL	Exit	SIGMA ALDRICH CORP	$0	–	-128,976	–	-1.11%	–
QCOM	Exit	QUALCOMM INC	$0	–	-184,717	–	-1.25%	–
AAPL	Exit	APPLE INC	$0	–	-26,364	–	-1.27%	–
WAG	Exit	WALGREEN CO	$0	–	-244,567	–	-1.32%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-260,040	–	-1.42%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-604,883	–	-1.42%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC-CL Bcl b new	$0	–	-125,808	–	-1.44%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-429,999	–	-1.44%	–
INTC	Exit	INTEL CORP	$0	–	-624,354	–	-1.44%	–
CAT	Exit	CATERPILLAR INC	$0	–	-173,195	–	-1.45%	–
EXPD	Exit	EXPEDITORS INTERNATIONAL WASH INC	$0	–	-364,079	–	-1.61%	–
FISV	Exit	FISERV INC	$0	–	-173,280	–	-1.76%	–
KMI	Exit	KINDER MORGAN INC	$0	–	-499,295	–	-1.79%	–
BHP	Exit	BHP BILLITON LTD ADRsponsored adr	$0	–	-274,191	–	-1.83%	–
PX	Exit	PRAXAIR INC	$0	–	-158,585	–	-1.92%	–
STT	Exit	STATE STREET CORP	$0	–	-291,225	–	-1.93%	–
ABBV	Exit	ABBVIE INC	$0	–	-453,349	–	-2.04%	–
SYY	Exit	SYSCO CORP	$0	–	-690,328	–	-2.21%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-255,731	–	-2.27%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-223,606	–	-2.42%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-455,775	–	-2.72%	–
NVS	Exit	NOVARTIS AG ADRspons adr new	$0	–	-449,057	–	-3.46%	–
MRK	Exit	MERCK & CO INC	$0	–	-762,608	–	-3.66%	–
KO	Exit	COCA COLA CO	$0	–	-1,041,167	–	-3.97%	–
PEP	Exit	PEPSICO INC	$0	–	-505,115	–	-4.04%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-630,550	–	-4.10%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-579,267	–	-4.22%	–
GE	Exit	GENERAL ELECTRIC CORP	$0	–	-2,341,200	–	-5.63%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-654,405	–	-5.66%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-784,003	–	-5.96%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-861,421	–	-7.51%	–

Q3 2013

			Value		Shares		↓ Weighting
JNJ	Sell	JOHNSON & JOHNSON	$74,724,000	-3.6%	861,421	-4.5%	7.51%	-7.2%
PG	Sell	PROCTER & GAMBLE CO	$59,296,000	-3.7%	784,003	-1.9%	5.96%	-7.3%
XOM	Sell	EXXON MOBIL CORP	$56,304,000	-6.9%	654,405	-2.2%	5.66%	-10.4%
GE	Sell	GENERAL ELECTRIC CORP	$55,964,000	+0.8%	2,341,200	-2.2%	5.63%	-2.9%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$41,920,000	-5.2%	579,267	-9.7%	4.22%	-8.7%
EMR	Sell	EMERSON ELEC CO	$40,811,000	+1032.7%	630,550	-0.2%	4.10%	+991.2%
PEP	Sell	PEPSICO INC	$40,167,000	-8.7%	505,115	-6.0%	4.04%	-12.1%
KO	Buy	COCA COLA CO	$39,446,000	-4.6%	1,041,167	+1.0%	3.97%	-8.2%
MRK	Sell	MERCK & CO INC	$36,352,000	-1.6%	762,608	-4.1%	3.66%	-5.2%
NVS	Sell	NOVARTIS AG ADRspons adr new	$34,447,000	+6.5%	449,057	-1.8%	3.46%	+2.5%
CL	Sell	COLGATE PALMOLIVE CO	$27,060,000	+2.5%	455,775	-0.9%	2.72%	-1.3%
UTX	Sell	UNITED TECHNOLOGIES CORP	$24,102,000	+12.4%	223,606	-3.0%	2.42%	+8.2%
SLB	Buy	SCHLUMBERGER LTD	$22,608,000	+47.4%	255,731	+0.1%	2.27%	+42.0%
SYY	Sell	SYSCO CORP	$21,975,000	-8.7%	690,328	-2.0%	2.21%	-12.1%
ABBV	Sell	ABBVIE INC	$20,320,000	+1.7%	453,349	-6.1%	2.04%	-2.1%
STT	Sell	STATE STREET CORP	$19,159,000	-10.8%	291,225	-11.6%	1.93%	-14.2%
PX	Sell	PRAXAIR INC	$19,070,000	+3.7%	158,585	-0.6%	1.92%	-0.2%
BHP	Buy	BHP BILLITON LTD ADRsponsored adr	$18,232,000	+19.9%	274,191	+4.0%	1.83%	+15.4%
KMI	Buy	KINDER MORGAN INC	$17,782,000	-6.7%	499,295	+0.0%	1.79%	-10.2%
FISV	Sell	FISERV INC	$17,542,000	+10.1%	173,280	-4.9%	1.76%	+6.1%
EXPD	Buy	EXPEDITORS INTERNATIONAL WASH INC	$16,050,000	+18.5%	364,079	+2.3%	1.61%	+14.1%
CAT	Sell	CATERPILLAR INC	$14,444,000	+0.0%	173,195	-1.0%	1.45%	-3.7%
INTC	Sell	INTEL CORP	$14,304,000	-7.1%	624,354	-1.9%	1.44%	-10.5%
ABT	Sell	ABBOTT LABORATORIES	$14,293,000	-10.0%	429,999	-5.5%	1.44%	-13.4%
BRKB	Sell	BERKSHIRE HATHAWAY INC-CL Bcl b new	$14,280,000	-2.9%	125,808	-4.3%	1.44%	-6.5%
CSCO	Sell	CISCO SYSTEMS INC	$14,165,000	-4.3%	604,883	-0.6%	1.42%	-7.9%
NTRS	Sell	NORTHERN TR CORP	$14,153,000	-6.3%	260,040	-0.2%	1.42%	-9.8%
WAG	Sell	WALGREEN CO	$13,158,000	+15.4%	244,567	-5.2%	1.32%	+11.1%
AAPL	Buy	APPLE INC	$12,598,000	+22.8%	26,364	+2.3%	1.27%	+18.3%
QCOM	Buy	QUALCOMM INC	$12,439,000	+12.1%	184,717	+1.6%	1.25%	+7.9%
SIAL	Sell	SIGMA ALDRICH CORP	$10,997,000	+3.6%	128,976	-2.2%	1.11%	-0.3%
JCI	Sell	JOHNSON CONTROLS INC	$10,677,000	+15.1%	257,285	-0.7%	1.07%	+10.7%
UL	Buy	UNILEVER PLC SPONS ADRspons adr	$9,852,000	-4.0%	255,675	+0.9%	0.99%	-7.6%
EMC	Sell	EMC CORP MASS	$9,461,000	+6.9%	369,920	-1.3%	0.95%	+2.8%
MON	Sell	MONSANTO CO NEW	$9,257,000	+3.3%	88,579	-2.5%	0.93%	-0.4%
LLTC	Sell	LINEAR TECHNOLOGY CORP	$8,316,000	-0.9%	209,682	-7.9%	0.84%	-4.6%
MSFT	Sell	MICROSOFT CORP	$7,682,000	-8.0%	230,479	-4.7%	0.77%	-11.5%
MMM	Sell	3M CO	$7,154,000	+7.8%	59,911	-1.3%	0.72%	+3.8%
ABB	Buy	ABB LTDsponsored adr	$6,938,000	+9.4%	293,775	+0.6%	0.70%	+5.4%
T	Sell	AT&T INC	$6,577,000	-5.7%	194,454	-1.3%	0.66%	-9.2%
AMAT	Sell	APPLIED MATERIALS INC	$6,185,000	-3.5%	352,851	-17.9%	0.62%	-7.0%
MDT	Buy	MEDTRONIC INC	$5,343,000	+3.4%	100,240	+0.1%	0.54%	-0.4%
VZ	Buy	VERIZON COMMUNICATIONS	$5,177,000	-4.0%	110,910	+3.6%	0.52%	-7.6%
SYK	Buy	STRYKER CORP	$5,078,000	+4.9%	75,040	+0.1%	0.51%	+1.0%
EEM	Buy	ISHARES MSCI EMERGING MKT ETFmsci emerg mkt	$4,877,000	+13.4%	119,190	+6.8%	0.49%	+9.1%
SO	Buy	SOUTHERN COMPANY	$4,737,000	+0.6%	115,036	+7.8%	0.48%	-3.3%
WMT	Sell	WAL MART STORES INC	$4,514,000	-2.5%	61,034	-1.8%	0.45%	-6.0%
CVS	Buy	CVS CAREMARK CORP	$3,891,000	+1.8%	68,521	+2.6%	0.39%	-2.0%
PFE	Sell	PFIZER INC	$3,796,000	-5.8%	132,167	-8.1%	0.38%	-9.3%
FAST	Buy	FASTENAL CO	$3,780,000	+11.7%	75,011	+1.5%	0.38%	+7.6%
IBM	Sell	INTL. BUSINESS MACHINES CORP	$3,534,000	-4.7%	19,085	-1.7%	0.36%	-8.3%
IWM	Buy	ISHARES RUSSELL 2000 ETFrussell 2000	$3,382,000	+10.0%	31,640	+0.2%	0.34%	+5.9%
INTU	Sell	INTUIT INC	$2,572,000	+8.4%	38,780	-0.3%	0.26%	+4.4%
WU	Buy	WESTERN UNION CO	$2,299,000	+10.3%	123,197	+1.1%	0.23%	+6.0%
JPM	Sell	JP MORGAN CHASE & CO	$1,617,000	-19.5%	31,278	-17.8%	0.16%	-22.4%
CVX	Sell	CHEVRON CORPORATION	$1,567,000	-1.8%	12,900	-4.3%	0.16%	-5.4%
EFA	Sell	ISHARES MSCI EAFE ETFmsci eafe index fund	$1,566,000	+4.4%	24,535	-6.2%	0.16%	0.0%
RTN	Buy	RAYTHEON COMPANY	$1,269,000	+19.9%	16,468	+2.9%	0.13%	+16.4%
GIS	Sell	GENERAL MLS INC	$1,143,000	-2.0%	23,850	-0.7%	0.12%	-5.7%
WFC	Buy	WELLS FARGO & CO	$1,028,000	+2.7%	24,873	+2.5%	0.10%	-1.9%
MHFI	Sell	MCGRAW HILL FINANCIAL INC	$781,000	-72.8%	11,900	-77.9%	0.08%	-73.6%
ORCL	Buy	ORACLE CORP	$597,000	+166.5%	17,970	+145.5%	0.06%	+160.9%
DD	Sell	DU PONT E I DE NEMOURS & CO	$576,000	-5.1%	9,842	-14.9%	0.06%	-7.9%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$529,000	-6.4%	13,188	-9.4%	0.05%	-10.2%
D	Sell	DOMINION RESOURCES INC	$454,000	-0.9%	7,269	-9.9%	0.05%	-4.2%
ETR	Sell	ENTERGY CORP	$348,000	-23.2%	5,500	-15.4%	0.04%	-25.5%
EV	Sell	EATON VANCE CORP	$282,000	-26.8%	7,260	-29.2%	0.03%	-30.0%
KMB	Buy	KIMBERLY CLARK CORP	$280,000	+1.1%	2,970	+4.2%	0.03%	-3.4%
EPP	Sell	ISHARES MSCI PACIFIC EX-JAPAN ETFmsci pac j idx	$233,000	+0.4%	4,885	-9.7%	0.02%	-4.2%
MDLZ	New	MONDELEZ INTERNATIONAL INCcl a	$216,000	–	6,877	–	0.02%	–
BIIB	Sell	BIOGEN IDEC INC	$217,000	+0.9%	900	-10.0%	0.02%	0.0%
HD	New	HOME DEPOT INC	$202,000	–	2,661	–	0.02%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,800	–	-0.02%	–
NBL	Exit	NOBLE ENERGY INC	$0	–	-3,960	–	-0.02%	–
DIS	Exit	DISNEY WALT CO NEW	$0	–	-4,054	–	-0.03%	–

Q2 2013

			Value		Shares		↓ Weighting
JNJ	New	JOHNSON & JOHNSON	$77,514,000	–	902,261	–	8.09%	–
PG	New	PROCTER & GAMBLE CO	$61,606,000	–	799,400	–	6.43%	–
XOM	New	EXXON MOBIL CORP	$60,470,000	–	669,300	–	6.32%	–
GE	New	GENERAL ELECTRIC CORP	$55,504,000	–	2,392,721	–	5.80%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$44,204,000	–	641,672	–	4.62%	–
PEP	New	PEPSICO INC	$43,975,000	–	537,548	–	4.59%	–
KO	New	COCA COLA CO	$41,360,000	–	1,030,386	–	4.32%	–
MRK	New	MERCK & CO INC	$36,932,000	–	795,208	–	3.86%	–
NVS	New	NOVARTIS A Gspons adr new	$32,335,000	–	457,212	–	3.38%	–
CL	New	COLGATE PALMOLIVE CO	$26,388,000	–	460,130	–	2.76%	–
SYY	New	SYSCO CORP	$24,076,000	–	704,655	–	2.51%	–
STT	New	STATE STREET CORP	$21,487,000	–	329,411	–	2.24%	–
UTX	New	UNITED TECHNOLOGIES CORP	$21,444,000	–	230,416	–	2.24%	–
ABBV	New	ABBVIE INC	$19,972,000	–	482,858	–	2.09%	–
KMI	New	KINDER MORGAN INC	$19,060,000	–	499,082	–	1.99%	–
PX	New	PRAXAIR INC	$18,387,000	–	159,515	–	1.92%	–
FISV	New	FISERV INC	$15,929,000	–	182,260	–	1.66%	–
ABT	New	ABBOTT LABORATORIES	$15,883,000	–	455,193	–	1.66%	–
INTC	New	INTEL CORP	$15,393,000	–	636,354	–	1.61%	–
SLB	New	SCHLUMBERGER LTD	$15,333,000	–	255,581	–	1.60%	–
BHP	New	BHP BILLITON LTD ADRsponsored adr	$15,207,000	–	263,657	–	1.59%	–
NTRS	New	NORTHERN TR CORP	$15,107,000	–	260,440	–	1.58%	–
CSCO	New	CISCO SYSTEMS INC	$14,807,000	–	608,458	–	1.55%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL Bcl b new	$14,706,000	–	131,405	–	1.54%	–
CAT	New	CATERPILLAR INC	$14,437,000	–	175,020	–	1.51%	–
EXPD	New	EXPEDITORS INTERNATIONAL WASH INC	$13,549,000	–	355,874	–	1.42%	–
WAG	New	WALGREEN CO	$11,403,000	–	257,977	–	1.19%	–
QCOM	New	QUALCOMM INC	$11,100,000	–	181,737	–	1.16%	–
SIAL	New	SIGMA ALDRICH CORP	$10,618,000	–	131,896	–	1.11%	–
UL	New	UNILEVER PLCspons adr	$10,262,000	–	253,475	–	1.07%	–
AAPL	New	APPLE INC	$10,257,000	–	25,781	–	1.07%	–
JCI	New	JOHNSON CONTROLS INC	$9,276,000	–	259,185	–	0.97%	–
MON	New	MONSANTO CO NEW	$8,958,000	–	90,879	–	0.94%	–
EMC	New	EMC CORP MASS	$8,854,000	–	374,895	–	0.92%	–
LLTC	New	LINEAR TECHNOLOGY CORP	$8,388,000	–	227,682	–	0.88%	–
MSFT	New	MICROSOFT CORP	$8,351,000	–	241,969	–	0.87%	–
T	New	AT&T INC	$6,971,000	–	196,930	–	0.73%	–
MMM	New	3M CO	$6,638,000	–	60,702	–	0.69%	–
AMAT	New	APPLIED MATERIALS INC	$6,409,000	–	429,661	–	0.67%	–
ABB	New	ABB LTDsponsored adr	$6,340,000	–	292,100	–	0.66%	–
VZ	New	VERIZON COMMUNICATIONS	$5,391,000	–	107,091	–	0.56%	–
MDT	New	MEDTRONIC INC	$5,166,000	–	100,175	–	0.54%	–
SYK	New	STRYKER CORP	$4,842,000	–	74,940	–	0.51%	–
SO	New	SOUTHERN COMPANY	$4,709,000	–	106,706	–	0.49%	–
WMT	New	WAL MART STORES INC	$4,630,000	–	62,154	–	0.48%	–
EEM	New	ISHARESmsci emerg mkt	$4,300,000	–	111,620	–	0.45%	–
PFE	New	PFIZER INC	$4,028,000	–	143,834	–	0.42%	–
CVS	New	CVS CAREMARK CORP	$3,821,000	–	66,806	–	0.40%	–
IBM	New	INTL BUSINESS MACHINES CORP	$3,709,000	–	19,408	–	0.39%	–
EMR	New	EMERSON ELEC CO	$3,603,000	–	632,020	–	0.38%	–
FAST	New	FASTENAL CO	$3,385,000	–	73,906	–	0.35%	–
IWM	New	ISHARESrussell 2001	$3,075,000	–	31,590	–	0.32%	–
MHFI	New	MCGRAW HILL COMPANIES INC	$2,867,000	–	53,900	–	0.30%	–
INTU	New	INTUIT INC	$2,373,000	–	38,880	–	0.25%	–
WU	New	WESTERN UNION CO	$2,084,000	–	121,797	–	0.22%	–
JPM	New	JP MORGAN CHASE & CO	$2,008,000	–	38,033	–	0.21%	–
CVX	New	CHEVRON CORPORATION	$1,595,000	–	13,475	–	0.17%	–
EFA	New	ISHARESmsci eafe index fund	$1,500,000	–	26,160	–	0.16%	–
GIS	New	GENERAL MLS INC	$1,166,000	–	24,025	–	0.12%	–
RTN	New	RAYTHEON COMPANY	$1,058,000	–	16,000	–	0.11%	–
TD	New	TORONTO DOMINION BANK	$1,037,000	–	12,900	–	0.11%	–
WFC	New	WELLS FARGO & CO NEW	$1,001,000	–	24,273	–	0.10%	–
4945SC	New	KINDER MORGAN ENERGY PARTNERS LPut ltd partner	$984,000	–	11,525	–	0.10%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$924,000	–	20,679	–	0.10%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$907,000	–	14,218	–	0.10%	–
DD	New	DU PONT E I DE NEMOURS & CO	$607,000	–	11,564	–	0.06%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$565,000	–	14,553	–	0.06%	–
MCD	New	MCDONALDS CORP	$518,000	–	5,232	–	0.05%	–
D	New	DOMINION RESOURCES INC	$458,000	–	8,067	–	0.05%	–
BAX	New	BAXTER INTL INC	$461,000	–	6,650	–	0.05%	–
ETR	New	ENTERGY CORP	$453,000	–	6,500	–	0.05%	–
CREE	New	CREE INC	$441,000	–	6,920	–	0.05%	–
AMGN	New	AMGEN INC	$419,000	–	4,250	–	0.04%	–
EV	New	EATON VANCE CORP	$385,000	–	10,260	–	0.04%	–
SPH	New	SUBURBAN PROPANE PARTNERS LPunit ldt partn	$325,000	–	7,000	–	0.03%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$312,000	–	3,600	–	0.03%	–
DEO	New	DIAGEO PLCsponsored adr new	$308,000	–	2,677	–	0.03%	–
TE	New	TECO ENERGY CORP	$299,000	–	17,400	–	0.03%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$297,000	–	1,415	–	0.03%	–
KMB	New	KIMBERLY CLARK CORP	$277,000	–	2,850	–	0.03%	–
M	New	MACY'S INC	$276,000	–	5,750	–	0.03%	–
SHW	New	SHERWIN WILLIAMS CO	$265,000	–	1,500	–	0.03%	–
DIS	New	DISNEY WALT CO NEW	$256,000	–	4,054	–	0.03%	–
BDX	New	BECTON DICKINSON	$258,000	–	2,615	–	0.03%	–
NBL	New	NOBLE ENERGY INC	$238,000	–	3,960	–	0.02%	–
EPP	New	ISHARESmsci pac j idx	$232,000	–	5,410	–	0.02%	–
ORCL	New	ORACLE CORP	$224,000	–	7,320	–	0.02%	–
BIIB	New	BIOGEN IDEC INC	$215,000	–	1,000	–	0.02%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$208,000	–	3,341	–	0.02%	–
MO	New	ALTRIA GROUP INC	$203,000	–	5,800	–	0.02%	–
AXAS	New	ABRAXAS PETE CORP	$84,000	–	40,000	–	0.01%	–

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