Willis Investment Counsel Activity Q1 2006-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
CSCO	Sell	Cisco Systems Inc	$47,517,604	-6.5%	883,884	-10.1%	3.55%	+8.5%
JNJ	Sell	Johnson And Johnson	$45,999,361	-16.3%	295,341	-11.0%	3.44%	-2.8%
ACN	Sell	Accenture PLC	$43,486,776	-14.4%	141,600	-14.0%	3.25%	-0.6%
MSFT	Sell	Microsoft Corp	$40,525,565	-23.4%	128,347	-17.4%	3.03%	-11.1%
TXN	Sell	Texas Instruments Inc	$39,923,595	-18.3%	251,076	-7.5%	2.98%	-5.1%
LMT	Buy	Lockheed Martin Corp	$36,362,678	+4.5%	88,915	+17.6%	2.72%	+21.3%
PAYX	Sell	Paychex Inc	$35,806,505	+1.2%	310,470	-1.8%	2.68%	+17.6%
PFE	Buy	Pfizer Inc	$35,506,860	-5.4%	1,070,451	+4.6%	2.66%	+9.9%
CB	Sell	Chubb Ltd	$32,367,825	+5.5%	155,480	-2.4%	2.42%	+22.5%
HD	Sell	Home Depot Inc	$29,355,146	-5.8%	97,151	-3.2%	2.20%	+9.4%
INTC	Sell	Intel Corp	$29,335,860	-4.1%	825,200	-9.8%	2.19%	+11.3%
AFL	Sell	Aflac Inc	$28,909,116	-4.4%	376,666	-13.1%	2.16%	+11.0%
MDT	Sell	Medtronic Inc	$27,395,440	-19.7%	349,610	-9.8%	2.05%	-6.8%
BHP	Buy	BHP Billiton Ltd	$26,578,659	-2.0%	467,276	+2.8%	1.99%	+13.7%
COP	Sell	Conocophillips	$26,468,852	+0.6%	220,942	-13.0%	1.98%	+16.8%
	Sell	Shell	$24,161,750	-5.8%	375,299	-11.7%	1.81%	+9.4%
CLX	Sell	Clorox Co Del Com	$24,169,561	-24.6%	184,416	-8.5%	1.81%	-12.5%
XOM	Sell	Exxon Mobil Corp	$24,107,898	-5.1%	205,034	-13.4%	1.80%	+10.2%
MRK	Buy	Merck & Company, Inc	$23,858,148	-10.7%	231,745	+0.0%	1.78%	+3.7%
TROW	Sell	Price T Rowe Group Inc	$23,200,180	-11.3%	221,228	-5.3%	1.74%	+3.0%
FDS	Buy	Factset Resh Sys Inc	$22,387,712	+93.4%	51,200	+77.2%	1.67%	+124.4%
VZ	Sell	Verizon Communications Com	$21,888,418	-20.3%	675,360	-8.6%	1.64%	-7.5%
CAT	Sell	Caterpillar Inc Del	$21,406,476	-26.8%	78,412	-34.0%	1.60%	-15.0%
TSCO	Sell	Tractor Supply Co	$20,569,168	-20.3%	101,301	-13.2%	1.54%	-7.5%
WMT	Sell	Wal-Mart Stores Inc	$20,555,803	-23.8%	128,530	-25.1%	1.54%	-11.5%
AMAT	Sell	Applied Material Inc	$20,284,863	-15.1%	146,514	-11.3%	1.52%	-1.4%
ADP	Buy	Automatic Data Proc	$16,740,038	+42.9%	69,582	+30.5%	1.25%	+66.0%
PEP	Sell	Pepsico Inc	$16,592,243	-20.7%	97,924	-13.4%	1.24%	-7.9%
T	Sell	AT&T Corp	$14,996,118	-5.9%	998,410	-0.0%	1.12%	+9.3%
GOOGL	Sell	Google Inc Class A	$14,688,773	-17.6%	112,248	-24.6%	1.10%	-4.3%
PG	Sell	Procter & Gamble Co	$12,928,301	-16.0%	88,635	-12.6%	0.97%	-2.4%
RGA	Sell	Reinsurance Group America	$12,938,316	-21.4%	89,113	-25.0%	0.97%	-8.8%
LH	Sell	Lab Corp Of Amer	$12,824,980	-37.3%	63,790	-24.7%	0.96%	-27.2%
CVX	Buy	Chevron Corp	$12,118,888	+7.6%	71,871	+0.4%	0.91%	+25.0%
EMR	Sell	Emerson Elec Co	$11,907,081	-32.3%	123,300	-36.7%	0.89%	-21.4%
ADBE	Sell	Adobe Systems Inc	$11,602,775	-35.0%	22,755	-37.7%	0.87%	-24.5%
DRI	Buy	Darden Restaurants Inc	$11,601,679	+52.9%	81,006	+78.4%	0.87%	+77.7%
DE	Sell	Deere Co	$11,365,553	-26.4%	30,117	-21.0%	0.85%	-14.5%
ALL	Sell	Allstate Corp	$11,074,154	-25.5%	99,400	-27.1%	0.83%	-13.6%
MUR	Sell	Murphy Oil Corp	$11,042,272	-9.7%	243,490	-23.7%	0.83%	+5.0%
AOS	Sell	AO Smith Corporation	$10,944,052	-9.8%	165,493	-0.7%	0.82%	+4.7%
GL	Sell	Globe Life Inc	$10,854,842	-25.9%	99,833	-25.3%	0.81%	-13.9%
AXP	Sell	American Express	$10,055,108	-36.0%	67,398	-25.3%	0.75%	-25.7%
TGT	Sell	Target Corp Com	$9,783,676	-32.0%	88,484	-18.8%	0.73%	-21.0%
MMM	Sell	3m Company	$9,042,381	-14.0%	96,586	-8.0%	0.68%	-0.1%
WAT	Buy	Waters Corp	$8,445,394	+5.5%	30,799	+2.5%	0.63%	+22.3%
FTNT	Sell	Fortinet, Inc	$7,290,931	-41.4%	124,249	-24.5%	0.54%	-32.0%
DLB	Sell	Dolby Laboratories, Inc CL A	$6,805,581	-31.9%	85,864	-28.1%	0.51%	-21.0%
MA	Sell	Mastercard	$6,466,398	-23.4%	16,333	-23.9%	0.48%	-11.0%
RL	Sell	Ralph Lauren Corp	$6,387,736	-45.3%	55,024	-41.9%	0.48%	-36.4%
TFC	Sell	Truist Financial Corp	$6,255,462	-5.8%	218,646	-0.1%	0.47%	+9.3%
MSM	Sell	MSC Industrial	$5,983,715	-19.7%	60,965	-22.1%	0.45%	-6.9%
	New	Kenvue Inc.	$5,974,985	–	297,559	–	0.45%	–
ROST	Sell	Ross Stores Inc	$5,621,860	-23.5%	49,773	-24.1%	0.42%	-11.2%
NVDA	Sell	Nvidia Corp	$5,356,902	-26.2%	12,315	-28.2%	0.40%	-14.1%
KEYS	Buy	Keysight Technologies	$5,356,173	+5.0%	40,482	+32.9%	0.40%	+22.0%
	New	Fortrea Hldgs Inc	$5,170,587	–	180,853	–	0.39%	–
MOS	Sell	Mosaic Company	$5,017,179	-22.9%	140,932	-24.2%	0.38%	-10.5%
AAP	Sell	Advance Auto Parts Inc	$3,865,602	-39.5%	69,115	-24.0%	0.29%	-29.9%
VBR	Sell	Vanguard Small Cap Value ETF	$3,488,525	-18.6%	21,873	-15.5%	0.26%	-5.4%
GNRC	Sell	Generac	$3,373,511	-41.0%	30,961	-19.3%	0.25%	-31.5%
MEDP	Sell	Medpace Holdings, Inc	$2,302,898	-5.5%	9,511	-6.3%	0.17%	+9.6%
QLYS	Sell	Qualys, Inc.	$1,572,638	+15.9%	10,309	-1.9%	0.12%	+35.6%
FTDR	Sell	Frontdoor Inc	$1,282,333	-15.8%	41,920	-12.2%	0.10%	-2.0%
NRC	Sell	National Research Corporation	$1,286,686	-12.1%	28,999	-13.8%	0.10%	+2.1%
EVTC	Sell	Evertec, Inc	$1,268,991	-9.5%	34,131	-10.4%	0.10%	+5.6%
STRL	Sell	Sterling Construction	$1,033,202	-17.3%	14,061	-37.2%	0.08%	-3.8%
HXL	Sell	Hexcel Corp	$989,346	-88.8%	15,188	-87.0%	0.07%	-87.0%
DCI	Sell	Donaldson Co Inc	$973,325	-19.3%	16,320	-15.4%	0.07%	-6.4%
LOGI	Sell	Logitech International	$963,781	+4.0%	13,980	-10.4%	0.07%	+20.0%
GIL	Sell	Gildan Activewear Inc	$900,101	-25.9%	32,135	-14.7%	0.07%	-14.1%
CSGS	Sell	CSG Systems International, Inc	$805,702	-18.5%	15,761	-15.9%	0.06%	-6.2%
ATKR	Sell	Atkore International Group	$712,830	-18.2%	4,778	-14.4%	0.05%	-5.4%
JBT	Sell	John Bean Technologies Corpora	$643,247	-21.6%	6,118	-9.6%	0.05%	-9.4%
LQDT	Sell	Liquidity Svcs Inc	$462,137	-8.6%	26,228	-14.4%	0.04%	+6.1%
JKHY	Sell	Jack Henry & Associates	$422,890	-18.4%	2,798	-9.7%	0.03%	-3.0%
TTC	New	The Toro Company	$290,268	–	3,493	–	0.02%	–
FIZZ	Sell	National Beverage Corp	$262,795	-16.6%	5,589	-14.2%	0.02%	0.0%
IBM	Buy	Intl Business Machines Corp Ib	$226,305	+5.1%	1,613	+0.2%	0.02%	+21.4%
FLO	Sell	Flowers Foods, Inc	$228,321	-33.9%	10,294	-25.8%	0.02%	-22.7%
VRSN	Sell	Verisign Inc	$211,846	-22.9%	1,046	-14.0%	0.02%	-11.1%
QQQ	Sell	Invesco QQQ	$205,289	-46.4%	573	-44.7%	0.02%	-40.0%
OGN	Sell	Organon & Co Com	$191,672	-49.9%	11,041	-40.0%	0.01%	-44.0%
JWA	Exit	Wiley John & Sons Cl A	$0	–	-74,397	–	-0.16%	–
APA	Exit	APA Corporation	$0	–	-156,355	–	-0.34%	–
DG	Exit	Dollar General Corp	$0	–	-66,103	–	-0.72%	–
KR	Exit	Kroger Co	$0	–	-391,358	–	-1.18%	–

Q2 2023

			Value		Shares		↓ Weighting
JNJ	New	Johnson And Johnson	$54,940,392	–	331,926	–	3.54%	–
MSFT	New	Microsoft Corp	$52,938,646	–	155,455	–	3.41%	–
CSCO	New	Cisco Systems Inc	$50,845,881	–	982,719	–	3.27%	–
ACN	New	Accenture PLC	$50,813,251	–	164,668	–	3.27%	–
TXN	New	Texas Instruments Inc	$48,878,670	–	271,518	–	3.15%	–
PFE	New	Pfizer Inc	$37,521,219	–	1,022,934	–	2.42%	–
PAYX	New	Paychex Inc	$35,366,917	–	316,143	–	2.28%	–
LMT	New	Lockheed Martin Corp	$34,806,109	–	75,603	–	2.24%	–
MDT	New	Medtronic Inc	$34,134,786	–	387,455	–	2.20%	–
CLX	New	Clorox Co Del Com	$32,060,237	–	201,586	–	2.06%	–
HD	New	Home Depot Inc	$31,163,094	–	100,319	–	2.01%	–
CB	New	Chubb Ltd	$30,688,864	–	159,373	–	1.98%	–
INTC	New	Intel Corp	$30,601,914	–	915,129	–	1.97%	–
AFL	New	Aflac Inc	$30,244,759	–	433,306	–	1.95%	–
CAT	New	Caterpillar Inc Del	$29,250,916	–	118,882	–	1.88%	–
VZ	New	Verizon Communications Com	$27,465,819	–	738,527	–	1.77%	–
BHP	New	BHP Billiton Ltd	$27,129,324	–	454,656	–	1.75%	–
WMT	New	Wal-Mart Stores Inc	$26,976,803	–	171,630	–	1.74%	–
MRK	New	Merck & Company, Inc	$26,729,517	–	231,645	–	1.72%	–
COP	New	Conocophillips	$26,313,832	–	253,970	–	1.69%	–
TROW	New	Price T Rowe Group Inc	$26,162,607	–	233,553	–	1.68%	–
TSCO	New	Tractor Supply Co	$25,807,234	–	116,722	–	1.66%	–
	New	Shell	$25,651,718	–	424,838	–	1.65%	–
XOM	New	Exxon Mobil Corp	$25,401,305	–	236,842	–	1.64%	–
AMAT	New	Applied Material Inc	$23,883,211	–	165,236	–	1.54%	–
AAPL	New	Apple Computer	$22,215,966	–	114,533	–	1.43%	–
PEP	New	Pepsico Inc	$20,934,491	–	113,025	–	1.35%	–
GPC	New	Genuine Parts Co	$20,619,491	–	121,843	–	1.33%	–
LH	New	Lab Corp Of Amer	$20,457,303	–	84,769	–	1.32%	–
	New	Healthcare Rlty Tr	$20,384,152	–	1,080,814	–	1.31%	–
DGX	New	Quest Diagnostics, Inc.	$19,228,608	–	136,800	–	1.24%	–
KR	New	Kroger Co	$18,393,826	–	391,358	–	1.18%	–
ADBE	New	Adobe Systems Inc	$17,859,382	–	36,523	–	1.15%	–
GOOGL	New	Google Inc Class A	$17,815,789	–	148,837	–	1.15%	–
EMR	New	Emerson Elec Co	$17,598,933	–	194,700	–	1.13%	–
LOW	New	Lowe's Companies Inc	$16,966,772	–	75,174	–	1.09%	–
RGA	New	Reinsurance Group America	$16,469,715	–	118,752	–	1.06%	–
T	New	AT&T Corp	$15,929,425	–	998,710	–	1.03%	–
AXP	New	American Express	$15,716,847	–	90,223	–	1.01%	–
JPM	New	JP Morgan Chase & Co	$15,588,259	–	107,180	–	1.00%	–
KMB	New	Kimberly Clark Corp	$15,508,280	–	112,330	–	1.00%	–
DE	New	Deere Co	$15,444,627	–	38,117	–	0.99%	–
PG	New	Procter & Gamble Co	$15,391,747	–	101,435	–	0.99%	–
ALL	New	Allstate Corp	$14,873,056	–	136,400	–	0.96%	–
GL	New	Globe Life Inc	$14,646,438	–	133,611	–	0.94%	–
TGT	New	Target Corp Com	$14,378,023	–	109,007	–	0.93%	–
UPS	New	United Parcel Service	$14,253,602	–	79,518	–	0.92%	–
USB	New	US Bancorp (new)	$14,018,872	–	424,300	–	0.90%	–
AEP	New	American Electric Power Co	$13,153,135	–	156,213	–	0.85%	–
SNY	New	Sanofi-Aventis	$12,736,570	–	236,300	–	0.82%	–
FTNT	New	Fortinet, Inc	$12,442,038	–	164,599	–	0.80%	–
MUR	New	Murphy Oil Corp	$12,228,233	–	319,275	–	0.79%	–
AOS	New	AO Smith Corporation	$12,134,391	–	166,727	–	0.78%	–
ADP	New	Automatic Data Proc	$11,715,247	–	53,302	–	0.75%	–
RL	New	Ralph Lauren Corp	$11,678,853	–	94,719	–	0.75%	–
GD	New	General Dynamics Corp	$11,597,230	–	53,903	–	0.75%	–
FDS	New	Factset Resh Sys Inc	$11,578,785	–	28,900	–	0.75%	–
CVX	New	Chevron Corp	$11,261,697	–	71,571	–	0.72%	–
DG	New	Dollar General Corp	$11,222,967	–	66,103	–	0.72%	–
ETN	New	Eaton Corp	$11,108,965	–	55,241	–	0.72%	–
MMM	New	3m Company	$10,508,649	–	104,992	–	0.68%	–
DUK	New	Duke Energy Corp New	$10,002,420	–	111,460	–	0.64%	–
DLB	New	Dolby Laboratories, Inc CL A	$9,999,425	–	119,496	–	0.64%	–
HXL	New	Hexcel Corp	$8,861,499	–	116,568	–	0.57%	–
MA	New	Mastercard	$8,444,938	–	21,472	–	0.54%	–
WAT	New	Waters Corp	$8,007,928	–	30,044	–	0.52%	–
DRI	New	Darden Restaurants Inc	$7,586,434	–	45,406	–	0.49%	–
WM	New	Waste Management Inc New	$7,569,956	–	43,651	–	0.49%	–
MSM	New	MSC Industrial	$7,454,612	–	78,239	–	0.48%	–
ROST	New	Ross Stores Inc	$7,352,364	–	65,570	–	0.47%	–
NVDA	New	Nvidia Corp	$7,256,485	–	17,154	–	0.47%	–
VLO	New	Valero Energy Corp	$6,934,424	–	59,117	–	0.45%	–
TFC	New	Truist Financial Corp	$6,642,583	–	218,866	–	0.43%	–
MOS	New	Mosaic Company	$6,506,745	–	185,907	–	0.42%	–
AAP	New	Advance Auto Parts Inc	$6,394,137	–	90,955	–	0.41%	–
TTE	New	Total Energies SE	$5,933,635	–	102,943	–	0.38%	–
GNRC	New	Generac	$5,720,329	–	38,358	–	0.37%	–
APA	New	APA Corporation	$5,342,650	–	156,355	–	0.34%	–
KEYS	New	Keysight Technologies	$5,100,192	–	30,458	–	0.33%	–
VBR	New	Vanguard Small Cap Value ETF	$4,283,529	–	25,898	–	0.28%	–
JWA	New	Wiley John & Sons Cl A	$2,531,730	–	74,397	–	0.16%	–
MEDP	New	Medpace Holdings, Inc	$2,437,245	–	10,148	–	0.16%	–
FTDR	New	Frontdoor Inc	$1,523,735	–	47,766	–	0.10%	–
NRC	New	National Research Corporation	$1,463,372	–	33,633	–	0.09%	–
EVTC	New	Evertec, Inc	$1,402,302	–	38,075	–	0.09%	–
QLYS	New	Qualys, Inc.	$1,356,802	–	10,504	–	0.09%	–
STRL	New	Sterling Construction	$1,250,032	–	22,402	–	0.08%	–
DCI	New	Donaldson Co Inc	$1,205,630	–	19,287	–	0.08%	–
GIL	New	Gildan Activewear Inc	$1,214,642	–	37,675	–	0.08%	–
CSGS	New	CSG Systems International, Inc	$988,453	–	18,742	–	0.06%	–
LOGI	New	Logitech International	$927,115	–	15,608	–	0.06%	–
ATKR	New	Atkore International Group	$870,925	–	5,585	–	0.06%	–
JBT	New	John Bean Technologies Corpora	$820,837	–	6,767	–	0.05%	–
KO	New	Coca Cola Company	$610,149	–	10,132	–	0.04%	–
BRKA	New	Berkshire Hathaway CL A	$517,810	–	1	–	0.03%	–
JKHY	New	Jack Henry & Associates	$518,556	–	3,099	–	0.03%	–
LQDT	New	Liquidity Svcs Inc	$505,395	–	30,630	–	0.03%	–
VO	New	Vanguard Mid-Cap Etfetf	$501,084	–	2,276	–	0.03%	–
QQQ	New	Invesco QQQ	$383,089	–	1,037	–	0.02%	–
OEF	New	IShares S&P 100	$382,647	–	1,848	–	0.02%	–
OGN	New	Organon & Co Com	$382,696	–	18,390	–	0.02%	–
DTD	New	Wisdomtree Total Div Fund	$358,942	–	5,781	–	0.02%	–
FLO	New	Flowers Foods, Inc	$345,384	–	13,882	–	0.02%	–
FIZZ	New	National Beverage Corp	$315,049	–	6,516	–	0.02%	–
VRSN	New	Verisign Inc	$274,780	–	1,216	–	0.02%	–
SO	New	Southern Company	$263,929	–	3,757	–	0.02%	–
SUN	New	Sunoco LP/Sunoco Fin Corp Com	$212,703	–	4,883	–	0.01%	–
IBM	New	Intl Business Machines Corp Ib	$215,250	–	1,609	–	0.01%	–
CYDY	New	Cytodyn Inc	$3,520	–	13,037	–	0.00%	–
	New	Mycelx Technologies Corp	$4,082	–	10,360	–	0.00%	–
PSWS	New	Puresafe Water Systems Inc	$1	–	14,000	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
	Exit	Mycelx Technologies Corp	$0	–	-10,360	–	0.00%	–
CYDY	Exit	Cytodyn Inc	$0	–	-13,037	–	0.00%	–
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
BLBD	Exit	Blue Bird Corp	$0	–	-10,755	–	-0.01%	–
PATI	Exit	Patriot Transportation	$0	–	-15,811	–	-0.01%	–
BR	Exit	Broadridge Finl Solutions Inc	$0	–	-1,400	–	-0.02%	–
FB	Exit	Meta Platforms Inc	$0	–	-2,025	–	-0.02%	–
OGN	Exit	Organon & Co Com	$0	–	-13,344	–	-0.02%	–
OEF	Exit	IShares S&P 100	$0	–	-1,938	–	-0.02%	–
DTD	Exit	Wisdomtree Total Div Fund	$0	–	-6,046	–	-0.02%	–
FLO	Exit	Flowers Foods, Inc	$0	–	-13,882	–	-0.02%	–
BRKA	Exit	Berkshire Hathaway CL A	$0	–	-1	–	-0.03%	–
VO	Exit	Vanguard Mid-Cap Etfetf	$0	–	-2,276	–	-0.03%	–
JBT	Exit	John Bean Technologies Corpora	$0	–	-5,200	–	-0.03%	–
KO	Exit	Coca Cola Company	$0	–	-10,265	–	-0.04%	–
FIZZ	Exit	National Beverage Corp	$0	–	-15,258	–	-0.04%	–
LOGI	Exit	Logitech International	$0	–	-16,823	–	-0.06%	–
ATKR	Exit	Atkore International Group	$0	–	-10,229	–	-0.06%	–
FLR	Exit	Fluor Corp New Del Com	$0	–	-31,980	–	-0.06%	–
STRL	Exit	Sterling Construction	$0	–	-47,080	–	-0.07%	–
DCI	Exit	Donaldson Co Inc	$0	–	-20,894	–	-0.07%	–
FTDR	Exit	Frontdoor Inc	$0	–	-50,709	–	-0.08%	–
CSGS	Exit	CSG Systems International, Inc	$0	–	-21,116	–	-0.08%	–
GIL	Exit	Gildan Activewear Inc	$0	–	-41,052	–	-0.08%	–
EVTC	Exit	Evertec, Inc	$0	–	-40,311	–	-0.09%	–
NRC	Exit	National Research Corporation	$0	–	-37,475	–	-0.11%	–
QLYS	Exit	Qualys, Inc.	$0	–	-11,076	–	-0.11%	–
MEDP	Exit	Medpace Holdings, Inc	$0	–	-11,975	–	-0.14%	–
NVDA	Exit	Nvidia Corp	$0	–	-15,945	–	-0.14%	–
VB	Exit	Vanguard Small Cap ETF	$0	–	-13,017	–	-0.16%	–
VBR	Exit	Vanguard Small Cap Value ETF	$0	–	-17,621	–	-0.18%	–
LLY	Exit	Eli Lilly & Co	$0	–	-9,116	–	-0.21%	–
TTE	Exit	Total Energies SE	$0	–	-102,943	–	-0.35%	–
GNRC	Exit	Generac	$0	–	-28,815	–	-0.37%	–
APA	Exit	APA Corporation	$0	–	-152,628	–	-0.38%	–
AOS	Exit	AO Smith Corporation	$0	–	-107,794	–	-0.38%	–
ROST	Exit	Ross Stores Inc	$0	–	-62,951	–	-0.38%	–
MSM	Exit	MSC Industrial	$0	–	-78,338	–	-0.41%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-45,406	–	-0.42%	–
MA	Exit	Mastercard	$0	–	-21,166	–	-0.44%	–
HXL	Exit	Hexcel Corp	$0	–	-118,353	–	-0.44%	–
VLO	Exit	Valero Energy Corp	$0	–	-59,117	–	-0.46%	–
JWA	Exit	Wiley John & Sons Cl A	$0	–	-173,603	–	-0.47%	–
WM	Exit	Waste Management Inc New	$0	–	-43,535	–	-0.51%	–
CVX	Exit	Chevron Corp	$0	–	-50,243	–	-0.52%	–
GOOGL	Exit	Google Inc Class A	$0	–	-78,696	–	-0.55%	–
DLB	Exit	Dolby Laboratories, Inc CL A	$0	–	-119,329	–	-0.56%	–
FTNT	Exit	Fortinet, Inc	$0	–	-160,715	–	-0.57%	–
FDS	Exit	Factset Resh Sys Inc	$0	–	-20,300	–	-0.59%	–
MOS	Exit	Mosaic Company	$0	–	-181,039	–	-0.64%	–
SNY	Exit	Sanofi-Aventis	$0	–	-236,300	–	-0.65%	–
TFC	Exit	Truist Financial Corp	$0	–	-218,606	–	-0.69%	–
ADBE	Exit	Adobe Systems Inc	$0	–	-35,733	–	-0.71%	–
DUK	Exit	Duke Energy Corp New	$0	–	-110,650	–	-0.75%	–
AMAT	Exit	Applied Material Inc	$0	–	-127,268	–	-0.76%	–
RL	Exit	Ralph Lauren Corp	$0	–	-125,424	–	-0.77%	–
MUR	Exit	Murphy Oil Corp	$0	–	-307,153	–	-0.78%	–
RTX	Exit	Raytheon Technologies Corp	$0	–	-137,184	–	-0.82%	–
GD	Exit	General Dynamics Corp	$0	–	-53,903	–	-0.83%	–
MMM	Exit	3m Company	$0	–	-104,992	–	-0.84%	–
ADP	Exit	Automatic Data Proc	$0	–	-53,378	–	-0.88%	–
AAPL	Exit	Apple Computer	$0	–	-88,462	–	-0.89%	–
ETN	Exit	Eaton Corp	$0	–	-93,541	–	-0.90%	–
DE	Exit	Deere Co	$0	–	-38,117	–	-0.92%	–
UPS	Exit	United Parcel Service	$0	–	-78,985	–	-0.93%	–
AEP	Exit	American Electric Power Co	$0	–	-156,213	–	-0.98%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-484,434	–	-1.00%	–
AAP	Exit	Advance Auto Parts Inc	$0	–	-88,635	–	-1.00%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-134,680	–	-1.02%	–
LOW	Exit	Lowe's Companies Inc	$0	–	-75,234	–	-1.02%	–
EMR	Exit	Emerson Elec Co	$0	–	-194,700	–	-1.03%	–
T	Exit	AT&T Corp	$0	–	-933,610	–	-1.04%	–
USB	Exit	Us Bancorp (new)	$0	–	-369,700	–	-1.08%	–
DG	Exit	Dollar General Corp	$0	–	-63,673	–	-1.11%	–
GL	Exit	Globe Life Inc	$0	–	-160,139	–	-1.16%	–
TGT	Exit	Target Corp Com	$0	–	-108,181	–	-1.16%	–
	Exit	Shell	$0	–	-329,060	–	-1.19%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-136,800	–	-1.22%	–
LH	Exit	Lab Corp Of Amer	$0	–	-82,725	–	-1.23%	–
ALL	Exit	Allstate	$0	–	-136,400	–	-1.23%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-151,330	–	-1.24%	–
AXP	Exit	American Express	$0	–	-126,895	–	-1.24%	–
RGA	Exit	Reinsurance Group America	$0	–	-137,094	–	-1.25%	–
PG	Exit	Procter & Gamble Co	$0	–	-140,835	–	-1.29%	–
PEP	Exit	Pepsico Inc	$0	–	-110,850	–	-1.31%	–
GPC	Exit	Genuine Parts Co	$0	–	-121,449	–	-1.32%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-226,275	–	-1.43%	–
INTC	Exit	Intel Corp	$0	–	-818,530	–	-1.53%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-202,507	–	-1.54%	–
	Exit	Healthcare Rlty Tr	$0	–	-1,046,159	–	-1.58%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-443,215	–	-1.61%	–
MRK	Exit	Merck & Company, Inc	$0	–	-258,318	–	-1.61%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-136,392	–	-1.62%	–
COP	Exit	Conocophillips	$0	–	-224,431	–	-1.67%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-179,430	–	-1.69%	–
CLX	Exit	Clorox Co Del Com	$0	–	-198,877	–	-1.85%	–
HD	Exit	Home Depot Inc	$0	–	-98,137	–	-1.96%	–
TSCO	Exit	Tractor Supply Co	$0	–	-148,468	–	-2.00%	–
VZ	Exit	Verizon Communications Com	$0	–	-730,807	–	-2.01%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-74,740	–	-2.10%	–
KR	Exit	Kroger Co	$0	–	-678,492	–	-2.15%	–
AFL	Exit	Aflac Inc	$0	–	-542,570	–	-2.21%	–
PAYX	Exit	Paychex Inc	$0	–	-273,838	–	-2.23%	–
MDT	Exit	Medtronic Inc	$0	–	-387,886	–	-2.27%	–
CB	Exit	Chubb Ltd	$0	–	-183,778	–	-2.42%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-884,748	–	-2.57%	–
MSFT	Exit	Microsoft Corp	$0	–	-153,825	–	-2.60%	–
PFE	Exit	Pfizer Inc	$0	–	-820,878	–	-2.61%	–
ACN	Exit	Accenture PLC	$0	–	-159,029	–	-2.97%	–
TXN	Exit	Texas Instruments Inc	$0	–	-278,560	–	-3.13%	–
JNJ	Exit	Johnson And Johnson	$0	–	-327,526	–	-3.88%	–

Q3 2022

			Value		Shares		↓ Weighting
JNJ	Sell	Johnson And Johnson	$53,505,000	-14.8%	327,526	-7.5%	3.88%	+0.9%
TXN	Sell	Texas Instruments Inc	$43,116,000	-0.7%	278,560	-1.4%	3.13%	+17.6%
ACN	Sell	Accenture PLC	$40,918,000	-15.3%	159,029	-8.6%	2.97%	+0.3%
PFE	Sell	Pfizer Inc	$35,922,000	-23.2%	820,878	-8.0%	2.61%	-9.1%
MSFT	Sell	Microsoft Corp	$35,826,000	-17.6%	153,825	-9.2%	2.60%	-2.4%
CSCO	Buy	Cisco Systems Inc	$35,390,000	-4.5%	884,748	+1.8%	2.57%	+13.1%
CB	Sell	Chubb Ltd	$33,426,000	-13.6%	183,778	-6.7%	2.42%	+2.3%
MDT	Sell	Medtronic Inc	$31,322,000	-17.3%	387,886	-8.1%	2.27%	-2.1%
PAYX	Sell	Paychex Inc	$30,727,000	-10.0%	273,838	-8.6%	2.23%	+6.6%
AFL	Sell	Aflac Inc	$30,492,000	-5.6%	542,570	-7.1%	2.21%	+11.7%
KR	Sell	Kroger Co	$29,684,000	-13.6%	678,492	-6.6%	2.15%	+2.3%
LMT	Sell	Lockheed Martin Corp	$28,871,000	-17.9%	74,740	-8.6%	2.10%	-2.8%
VZ	Sell	Verizon Communications Com	$27,749,000	-31.7%	730,807	-8.7%	2.01%	-19.1%
TSCO	Sell	Tractor Supply Co	$27,597,000	-11.3%	148,468	-7.5%	2.00%	+5.0%
HD	Sell	Home Depot Inc	$27,080,000	-1.4%	98,137	-2.0%	1.96%	+16.8%
CLX	Sell	Clorox Co Del Com	$25,534,000	-17.0%	198,877	-8.8%	1.85%	-1.6%
WMT	Sell	Wal-Mart Stores Inc	$23,272,000	-6.5%	179,430	-12.4%	1.69%	+10.7%
COP	Sell	Conocophillips	$22,968,000	+7.3%	224,431	-5.8%	1.67%	+27.2%
CAT	Sell	Caterpillar Inc Del	$22,379,000	-13.9%	136,392	-6.2%	1.62%	+1.9%
MRK	Sell	Merck & Company, Inc	$22,246,000	-17.3%	258,318	-12.5%	1.61%	-2.1%
BHP	Sell	BHP Billiton Ltd	$22,178,000	-19.5%	443,215	-9.6%	1.61%	-4.7%
	New	Healthcare Rlty Tr	$21,812,000	–	1,046,159	–	1.58%	–
TROW	Buy	Price T Rowe Group Inc	$21,265,000	+5.4%	202,507	+14.1%	1.54%	+24.8%
INTC	Sell	Intel Corp	$21,094,000	-36.1%	818,530	-7.2%	1.53%	-24.3%
XOM	Sell	Exxon Mobil Corp	$19,756,000	-4.2%	226,275	-6.0%	1.43%	+13.5%
GPC	Sell	Genuine Parts Co	$18,135,000	-11.7%	121,449	-21.4%	1.32%	+4.5%
PEP	Sell	Pepsico Inc	$18,097,000	-25.2%	110,850	-23.7%	1.31%	-11.5%
PG	Sell	Procter & Gamble Co	$17,780,000	-32.9%	140,835	-23.6%	1.29%	-20.5%
RGA	Buy	Reinsurance Group America	$17,248,000	+7.4%	137,094	+0.1%	1.25%	+27.2%
AXP	Sell	American Express	$17,119,000	-3.0%	126,895	-0.3%	1.24%	+14.9%
KMB	Sell	Kimberly Clark Corp	$17,031,000	-31.2%	151,330	-17.4%	1.24%	-18.5%
ALL	Sell	Allstate	$16,986,000	-13.9%	136,400	-12.4%	1.23%	+2.0%
LH	Sell	Lab Corp Of Amer	$16,943,000	-12.7%	82,725	-0.1%	1.23%	+3.4%
DGX	Sell	Quest Diagnostics, Inc.	$16,784,000	-19.4%	136,800	-12.6%	1.22%	-4.5%
	Sell	Shell	$16,374,000	-10.2%	329,060	-5.6%	1.19%	+6.4%
TGT	Sell	Target Corp Com	$16,053,000	-5.9%	108,181	-10.4%	1.16%	+11.5%
GL	Sell	Globe Life Inc	$15,966,000	+1.9%	160,139	-0.4%	1.16%	+20.6%
DG	Sell	Dollar General Corp	$15,273,000	-17.6%	63,673	-15.7%	1.11%	-2.5%
USB	Sell	Us Bancorp (new)	$14,906,000	-23.9%	369,700	-13.2%	1.08%	-9.9%
T	Sell	AT&T Corp	$14,322,000	-36.0%	933,610	-12.5%	1.04%	-24.2%
EMR	Sell	Emerson Elec Co	$14,256,000	-18.7%	194,700	-11.7%	1.03%	-3.7%
LOW	Sell	Lowe's Companies Inc	$14,130,000	-6.6%	75,234	-13.1%	1.02%	+10.6%
JPM	Sell	JP Morgan Chase & Co	$14,074,000	-18.7%	134,680	-12.4%	1.02%	-3.7%
AAP	Sell	Advance Auto Parts Inc	$13,857,000	-10.0%	88,635	-0.4%	1.00%	+6.5%
BP	Sell	Bp Plc Spon Adr	$13,831,000	-7.2%	484,434	-7.9%	1.00%	+10.0%
AEP	Sell	American Electric Power Co	$13,505,000	-21.1%	156,213	-12.5%	0.98%	-6.6%
UPS	Buy	United Parcel Service	$12,759,000	+14.2%	78,985	+29.1%	0.93%	+35.4%
DE	Sell	Deere Co	$12,727,000	-1.2%	38,117	-11.4%	0.92%	+17.0%
ETN	Buy	Eaton Corp	$12,475,000	+125.3%	93,541	+112.9%	0.90%	+167.0%
AAPL	Sell	Apple Computer	$12,225,000	-11.3%	88,462	-12.3%	0.89%	+5.0%
ADP	Sell	Automatic Data Proc	$12,074,000	-6.4%	53,378	-13.1%	0.88%	+10.7%
MMM	Sell	3m Company	$11,602,000	-60.4%	104,992	-53.6%	0.84%	-53.1%
GD	Sell	General Dynamics Corp	$11,437,000	-16.4%	53,903	-12.8%	0.83%	-1.0%
RTX	Sell	Raytheon Technologies Corp	$11,230,000	-25.3%	137,184	-12.3%	0.82%	-11.6%
MUR	Sell	Murphy Oil Corp	$10,803,000	+16.1%	307,153	-0.3%	0.78%	+37.5%
RL	Sell	Ralph Lauren Corp	$10,652,000	-5.3%	125,424	-0.0%	0.77%	+12.2%
AMAT	Sell	Applied Material Inc	$10,427,000	-17.8%	127,268	-8.7%	0.76%	-2.6%
DUK	Sell	Duke Energy Corp New	$10,293,000	-23.7%	110,650	-12.1%	0.75%	-9.7%
ADBE	Buy	Adobe Systems Inc	$9,834,000	-1.9%	35,733	+30.5%	0.71%	+16.3%
TFC	Sell	Truist Financial Corp	$9,518,000	-19.9%	218,606	-12.8%	0.69%	-5.1%
SNY	Sell	Sanofi-Aventis	$8,984,000	-33.8%	236,300	-12.9%	0.65%	-21.5%
MOS	Sell	Mosaic Company	$8,750,000	-1.9%	181,039	-4.2%	0.64%	+16.1%
FDS	Sell	Factset Resh Sys Inc	$8,122,000	-44.0%	20,300	-46.2%	0.59%	-33.7%
FTNT	Sell	Fortinet, Inc	$7,896,000	-13.2%	160,715	-0.1%	0.57%	+2.7%
DLB	Sell	Dolby Laboratories, Inc CL A	$7,774,000	-16.4%	119,329	-8.2%	0.56%	-1.1%
GOOGL	Buy	Google Inc Class A	$7,527,000	-12.7%	78,696	+1888.3%	0.55%	+3.2%
CVX	Sell	Chevron Corp	$7,218,000	-12.0%	50,243	-11.3%	0.52%	+4.4%
WM	Sell	Waste Management Inc New	$6,975,000	-8.9%	43,535	-13.0%	0.51%	+7.9%
JWA	Sell	Wiley John & Sons Cl A	$6,521,000	-21.5%	173,603	-0.2%	0.47%	-7.1%
VLO	Buy	Valero Energy Corp	$6,317,000	+22.3%	59,117	+21.6%	0.46%	+44.5%
HXL	Buy	Hexcel Corp	$6,121,000	+20.5%	118,353	+21.9%	0.44%	+42.8%
MA	Sell	Mastercard	$6,018,000	-11.3%	21,166	-1.5%	0.44%	+5.0%
DRI	Sell	Darden Restaurants Inc	$5,736,000	-2.3%	45,406	-12.5%	0.42%	+15.6%
MSM	Sell	MSC Industrial	$5,704,000	-14.3%	78,338	-11.6%	0.41%	+1.5%
ROST	Buy	Ross Stores Inc	$5,305,000	+20.0%	62,951	+0.0%	0.38%	+42.1%
AOS	Buy	AO Smith Corporation	$5,237,000	+1041.0%	107,794	+1183.6%	0.38%	+1257.1%
APA	Sell	APA Corporation	$5,218,000	-2.2%	152,628	-0.1%	0.38%	+15.9%
GNRC	Sell	Generac	$5,133,000	-22.0%	28,815	-7.8%	0.37%	-7.7%
TTE	Sell	Total Energies SE	$4,789,000	-22.9%	102,943	-12.7%	0.35%	-8.7%
LLY	Sell	Eli Lilly & Co	$2,948,000	-11.0%	9,116	-10.8%	0.21%	+5.4%
VBR	Sell	Vanguard Small Cap Value ETF	$2,527,000	-44.5%	17,621	-42.0%	0.18%	-34.4%
VB	Sell	Vanguard Small Cap ETF	$2,225,000	-43.6%	13,017	-41.8%	0.16%	-33.5%
NVDA	Buy	Nvidia Corp	$1,936,000	-19.5%	15,945	+0.5%	0.14%	-4.8%
MEDP	Sell	Medpace Holdings, Inc	$1,882,000	-35.8%	11,975	-38.9%	0.14%	-23.9%
QLYS	Sell	Qualys, Inc.	$1,544,000	-30.1%	11,076	-36.7%	0.11%	-17.0%
NRC	Sell	National Research Corporation	$1,492,000	-43.0%	37,475	-45.2%	0.11%	-32.5%
EVTC	Sell	Evertec, Inc	$1,264,000	-48.3%	40,311	-39.2%	0.09%	-38.7%
GIL	Sell	Gildan Activewear Inc	$1,161,000	-45.5%	41,052	-44.6%	0.08%	-35.9%
CSGS	Sell	CSG Systems International, Inc	$1,117,000	-51.2%	21,116	-44.9%	0.08%	-42.1%
FTDR	Sell	Frontdoor Inc	$1,034,000	-34.5%	50,709	-22.7%	0.08%	-22.7%
DCI	Sell	Donaldson Co Inc	$1,024,000	-44.3%	20,894	-45.3%	0.07%	-34.5%
STRL	Sell	Sterling Construction	$1,011,000	-45.0%	47,080	-43.9%	0.07%	-35.4%
FLR	Sell	Fluor Corp New Del Com	$796,000	-43.7%	31,980	-44.9%	0.06%	-33.3%
ATKR	Sell	Atkore International Group	$796,000	-47.4%	10,229	-43.8%	0.06%	-37.6%
LOGI	Buy	Logitech International	$774,000	+13.7%	16,823	+28.7%	0.06%	+33.3%
FIZZ	Sell	National Beverage Corp	$588,000	-68.1%	15,258	-59.5%	0.04%	-61.9%
KO	Buy	Coca Cola Company	$575,000	-8.6%	10,265	+2.6%	0.04%	+7.7%
JBT	Buy	John Bean Technologies Corpora	$447,000	-9.9%	5,200	+15.7%	0.03%	+6.7%
DTD	Sell	Wisdomtree Total Div Fund	$328,000	-9.6%	6,046	-3.5%	0.02%	+9.1%
OEF	Buy	IShares S&P 100	$315,000	-2.8%	1,938	+3.2%	0.02%	+15.0%
OGN	Sell	Organon & Co Com	$312,000	-62.2%	13,344	-45.5%	0.02%	-54.9%
FB	Sell	Meta Platforms Inc	$275,000	-80.8%	2,025	-77.2%	0.02%	-77.3%
BR	New	Broadridge Finl Solutions Inc	$202,000	–	1,400	–	0.02%	–
PATI	Sell	Patriot Transportation	$124,000	-66.7%	15,811	-68.4%	0.01%	-60.9%
BLBD	Sell	Blue Bird Corp	$90,000	-87.0%	10,755	-85.7%	0.01%	-83.3%
PAR	Exit	PAR Technology Corp	$0	–	-8,500	–	-0.02%	–
SMG	Exit	The Scotts Miracle-Gro Company	$0	–	-4,964	–	-0.02%	–
SEB	Exit	Seaboard Corp	$0	–	-176	–	-0.04%	–
CDK	Exit	CDK Global, Inc.	$0	–	-18,337	–	-0.06%	–
SO	Exit	Southern Company	$0	–	-115,566	–	-0.50%	–
HR	Exit	Healthcare Realty	$0	–	-1,045,759	–	-1.74%	–

Q2 2022

			Value		Shares		↓ Weighting
JNJ	New	Johnson And Johnson	$62,821,000	–	353,901	–	3.85%	–
ACN	New	Accenture PLC	$48,330,000	–	174,068	–	2.96%	–
PFE	New	Pfizer Inc	$46,778,000	–	892,197	–	2.87%	–
MSFT	New	Microsoft Corp	$43,486,000	–	169,320	–	2.66%	–
TXN	New	Texas Instruments Inc	$43,412,000	–	282,536	–	2.66%	–
VZ	New	Verizon Communications Com	$40,602,000	–	800,035	–	2.49%	–
CB	New	Chubb Ltd	$38,705,000	–	196,894	–	2.37%	–
MDT	New	Medtronic Inc	$37,890,000	–	422,168	–	2.32%	–
CSCO	New	Cisco Systems Inc	$37,043,000	–	868,749	–	2.27%	–
LMT	New	Lockheed Martin Corp	$35,172,000	–	81,804	–	2.16%	–
KR	New	Kroger Co	$34,376,000	–	726,309	–	2.11%	–
PAYX	New	Paychex Inc	$34,133,000	–	299,753	–	2.09%	–
INTC	New	Intel Corp	$33,003,000	–	882,204	–	2.02%	–
AFL	New	Aflac Inc	$32,312,000	–	583,996	–	1.98%	–
TSCO	New	Tractor Supply Co	$31,123,000	–	160,554	–	1.91%	–
CLX	New	Clorox Co Del Com	$30,754,000	–	218,147	–	1.88%	–
MMM	New	3m Company	$29,295,000	–	226,376	–	1.80%	–
HR	New	Healthcare Realty	$28,445,000	–	1,045,759	–	1.74%	–
BHP	New	BHP Billiton Ltd	$27,544,000	–	490,282	–	1.69%	–
HD	New	Home Depot Inc	$27,468,000	–	100,151	–	1.68%	–
MRK	New	Merck & Company, Inc	$26,902,000	–	295,073	–	1.65%	–
PG	New	Procter & Gamble Co	$26,491,000	–	184,232	–	1.62%	–
CAT	New	Caterpillar Inc Del	$25,993,000	–	145,410	–	1.59%	–
WMT	New	Wal-Mart Stores Inc	$24,903,000	–	204,830	–	1.53%	–
KMB	New	Kimberly Clark Corp	$24,764,000	–	183,230	–	1.52%	–
PEP	New	Pepsico Inc	$24,203,000	–	145,224	–	1.48%	–
T	New	AT&T Corp	$22,365,000	–	1,067,010	–	1.37%	–
COP	New	Conocophillips	$21,404,000	–	238,322	–	1.31%	–
DGX	New	Quest Diagnostics, Inc.	$20,825,000	–	156,600	–	1.28%	–
XOM	New	Exxon Mobil Corp	$20,613,000	–	240,697	–	1.26%	–
GPC	New	Genuine Parts Co	$20,549,000	–	154,500	–	1.26%	–
TROW	New	Price T Rowe Group Inc	$20,171,000	–	177,550	–	1.24%	–
ALL	New	Allstate	$19,732,000	–	155,700	–	1.21%	–
USB	New	Us Bancorp (new)	$19,595,000	–	425,800	–	1.20%	–
LH	New	Lab Corp Of Amer	$19,412,000	–	82,830	–	1.19%	–
DG	New	Dollar General Corp	$18,533,000	–	75,509	–	1.14%	–
	New	Shell	$18,227,000	–	348,579	–	1.12%	–
AXP	New	American Express	$17,641,000	–	127,261	–	1.08%	–
EMR	New	Emerson Elec Co	$17,531,000	–	220,400	–	1.07%	–
JPM	New	JP Morgan Chase & Co	$17,306,000	–	153,680	–	1.06%	–
AEP	New	American Electric Power Co	$17,127,000	–	178,513	–	1.05%	–
TGT	New	Target Corp Com	$17,058,000	–	120,780	–	1.04%	–
RGA	New	Reinsurance Group America	$16,066,000	–	136,980	–	0.98%	–
GL	New	Globe Life Inc	$15,664,000	–	160,706	–	0.96%	–
AAP	New	Advance Auto Parts Inc	$15,401,000	–	88,975	–	0.94%	–
LOW	New	Lowe's Companies Inc	$15,129,000	–	86,616	–	0.93%	–
RTX	New	Raytheon Technologies Corp	$15,040,000	–	156,484	–	0.92%	–
BP	New	Bp Plc Spon Adr	$14,906,000	–	525,772	–	0.91%	–
FDS	New	Factset Resh Sys Inc	$14,498,000	–	37,700	–	0.89%	–
AAPL	New	Apple Computer	$13,786,000	–	100,833	–	0.84%	–
GD	New	General Dynamics Corp	$13,674,000	–	61,803	–	0.84%	–
SNY	New	Sanofi-Aventis	$13,568,000	–	271,200	–	0.83%	–
DUK	New	Duke Energy Corp New	$13,492,000	–	125,850	–	0.83%	–
ADP	New	Automatic Data Proc	$12,902,000	–	61,428	–	0.79%	–
DE	New	Deere Co	$12,882,000	–	43,017	–	0.79%	–
AMAT	New	Applied Material Inc	$12,678,000	–	139,344	–	0.78%	–
TFC	New	Truist Financial Corp	$11,887,000	–	250,613	–	0.73%	–
RL	New	Ralph Lauren Corp	$11,247,000	–	125,460	–	0.69%	–
UPS	New	United Parcel Service	$11,169,000	–	61,185	–	0.68%	–
ADBE	New	Adobe Systems Inc	$10,023,000	–	27,380	–	0.61%	–
DLB	New	Dolby Laboratories, Inc CL A	$9,303,000	–	129,999	–	0.57%	–
MUR	New	Murphy Oil Corp	$9,304,000	–	308,195	–	0.57%	–
FTNT	New	Fortinet, Inc	$9,101,000	–	160,855	–	0.56%	–
MOS	New	Mosaic Company	$8,924,000	–	188,941	–	0.55%	–
GOOGL	New	Google Inc Class A	$8,626,000	–	3,958	–	0.53%	–
JWA	New	Wiley John & Sons Cl A	$8,308,000	–	173,961	–	0.51%	–
SO	New	Southern Company	$8,241,000	–	115,566	–	0.50%	–
CVX	New	Chevron Corp	$8,199,000	–	56,634	–	0.50%	–
WM	New	Waste Management Inc New	$7,654,000	–	50,035	–	0.47%	–
MA	New	Mastercard	$6,782,000	–	21,498	–	0.42%	–
MSM	New	MSC Industrial	$6,653,000	–	88,575	–	0.41%	–
GNRC	New	Generac	$6,582,000	–	31,255	–	0.40%	–
TTE	New	Total Energies SE	$6,209,000	–	117,943	–	0.38%	–
DRI	New	Darden Restaurants Inc	$5,872,000	–	51,906	–	0.36%	–
ETN	New	Eaton Corp	$5,536,000	–	43,941	–	0.34%	–
APA	New	APA Corporation	$5,334,000	–	152,838	–	0.33%	–
VLO	New	Valero Energy Corp	$5,167,000	–	48,617	–	0.32%	–
HXL	New	Hexcel Corp	$5,078,000	–	97,071	–	0.31%	–
VBR	New	Vanguard Small Cap Value ETF	$4,555,000	–	30,405	–	0.28%	–
ROST	New	Ross Stores Inc	$4,421,000	–	62,949	–	0.27%	–
VB	New	Vanguard Small Cap ETF	$3,942,000	–	22,382	–	0.24%	–
LLY	New	Eli Lilly & Co	$3,312,000	–	10,216	–	0.20%	–
MEDP	New	Medpace Holdings, Inc	$2,931,000	–	19,584	–	0.18%	–
NRC	New	National Research Corporation	$2,618,000	–	68,396	–	0.16%	–
EVTC	New	Evertec, Inc	$2,447,000	–	66,347	–	0.15%	–
NVDA	New	Nvidia Corp	$2,406,000	–	15,872	–	0.15%	–
CSGS	New	CSG Systems International, Inc	$2,287,000	–	38,317	–	0.14%	–
QLYS	New	Qualys, Inc.	$2,208,000	–	17,506	–	0.14%	–
GIL	New	Gildan Activewear Inc	$2,131,000	–	74,035	–	0.13%	–
FIZZ	New	National Beverage Corp	$1,844,000	–	37,682	–	0.11%	–
STRL	New	Sterling Construction	$1,839,000	–	83,894	–	0.11%	–
DCI	New	Donaldson Co Inc	$1,838,000	–	38,188	–	0.11%	–
FTDR	New	Frontdoor Inc	$1,579,000	–	65,570	–	0.10%	–
ATKR	New	Atkore International Group	$1,512,000	–	18,217	–	0.09%	–
FB	New	Meta Platforms Inc	$1,429,000	–	8,863	–	0.09%	–
FLR	New	Fluor Corp New Del Com	$1,413,000	–	58,035	–	0.09%	–
CDK	New	CDK Global, Inc.	$1,004,000	–	18,337	–	0.06%	–
OGN	New	Organon & Co Com	$826,000	–	24,465	–	0.05%	–
SEB	New	Seaboard Corp	$683,000	–	176	–	0.04%	–
LOGI	New	Logitech International	$681,000	–	13,076	–	0.04%	–
BLBD	New	Blue Bird Corp	$693,000	–	75,201	–	0.04%	–
KO	New	Coca Cola Company	$629,000	–	10,000	–	0.04%	–
JBT	New	John Bean Technologies Corpora	$496,000	–	4,494	–	0.03%	–
AOS	New	AO Smith Corporation	$459,000	–	8,398	–	0.03%	–
VO	New	Vanguard Mid-Cap Etfetf	$448,000	–	2,276	–	0.03%	–
BRKA	New	Berkshire Hathaway CL A	$409,000	–	1	–	0.02%	–
SMG	New	The Scotts Miracle-Gro Company	$392,000	–	4,964	–	0.02%	–
PATI	New	Patriot Transportation	$372,000	–	49,968	–	0.02%	–
FLO	New	Flowers Foods, Inc	$365,000	–	13,882	–	0.02%	–
DTD	New	Wisdomtree Total Div Fund	$363,000	–	6,266	–	0.02%	–
OEF	New	IShares S&P 100	$324,000	–	1,878	–	0.02%	–
PAR	New	PAR Technology Corp	$319,000	–	8,500	–	0.02%	–
	New	Mycelx Technologies Corp	$6,000	–	10,360	–	0.00%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–
CYDY	New	Cytodyn Inc	$5,000	–	13,037	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
	Exit	Mycelx Technologies Corp	$0	–	-10,360	–	0.00%	–
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
OXYWS	Exit	Occidental Petrol Corp	$0	–	-13,861	–	-0.01%	–
GS	Exit	Goldman Sachs Group	$0	–	-600	–	-0.01%	–
MCK	Exit	Mckesson Corp	$0	–	-1,232	–	-0.01%	–
BIIB	Exit	Biogen Idec Inc Com	$0	–	-1,000	–	-0.02%	–
FLO	Exit	Flowers Foods, Inc	$0	–	-13,882	–	-0.02%	–
DTD	Exit	Wisdomtree Total Div Fundus total dividend	$0	–	-3,183	–	-0.02%	–
OEF	Exit	IShares S&P 100ishare	$0	–	-1,878	–	-0.02%	–
CSGS	Exit	CSG Systems International, Inc	$0	–	-7,702	–	-0.02%	–
BRKA	Exit	Berkshire Hathaway CL A	$0	–	-1	–	-0.02%	–
KO	Exit	Coca Cola Company	$0	–	-10,000	–	-0.03%	–
QLYS	Exit	Qualys, Inc.	$0	–	-5,904	–	-0.04%	–
CDK	Exit	CDK Global, Inc.	$0	–	-20,445	–	-0.05%	–
PATI	Exit	Patriot Transportation	$0	–	-93,244	–	-0.06%	–
EVTC	Exit	Evertec, Inc	$0	–	-24,369	–	-0.06%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-1,042,598	–	-0.09%	–
DCI	Exit	Donaldson Co Inc	$0	–	-33,009	–	-0.11%	–
GNRC	Exit	Generac	$0	–	-4,801	–	-0.11%	–
SEB	Exit	Seaboard Corp	$0	–	-505	–	-0.12%	–
FIZZ	Exit	National Beverage Corp	$0	–	-39,695	–	-0.12%	–
ATKR	Exit	Atkore International Group	$0	–	-24,486	–	-0.12%	–
BLBD	Exit	Blue Bird Corp	$0	–	-108,265	–	-0.13%	–
GIL	Exit	Gildan Activewear Inc	$0	–	-63,012	–	-0.13%	–
NRC	Exit	National Research Corporation	$0	–	-56,206	–	-0.14%	–
MEDP	Exit	Medpace Holdings, Inc.	$0	–	-13,353	–	-0.14%	–
	Exit	Domino's Pizza Group plc	$0	–	-487,490	–	-0.15%	–
FLR	Exit	Fluor Corp New Del Com	$0	–	-173,417	–	-0.16%	–
FTDR	Exit	Frontdoor Inc	$0	–	-67,565	–	-0.16%	–
STRL	Exit	Sterling Construction	$0	–	-137,313	–	-0.18%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-109,930	–	-0.19%	–
AMPE	Exit	Ampio Pharmaceuticals, Inc	$0	–	-2,031,840	–	-0.19%	–
FB	Exit	Facebook Inc	$0	–	-10,015	–	-0.19%	–
APA	Exit	APA Corporation	$0	–	-181,973	–	-0.22%	–
AMAT	Exit	Applied Material Inc	$0	–	-32,775	–	-0.24%	–
MSM	Exit	MSC Industrial	$0	–	-76,989	–	-0.35%	–
HXL	Exit	Hexcel Corp	$0	–	-110,771	–	-0.38%	–
VLO	Exit	Valero Energy Corp	$0	–	-94,800	–	-0.38%	–
MUR	Exit	Murphy Oil Corp	$0	–	-268,717	–	-0.38%	–
FTNT	Exit	Fortinet, Inc	$0	–	-23,208	–	-0.39%	–
UPS	Exit	United Parcel Service	$0	–	-37,400	–	-0.39%	–
ROST	Exit	Ross Stores Inc	$0	–	-66,309	–	-0.41%	–
MOS	Exit	Mosaic Company	$0	–	-204,197	–	-0.42%	–
MA	Exit	Mastercard	$0	–	-21,320	–	-0.42%	–
TTE	Exit	Total Energies SEsponsored adr	$0	–	-159,335	–	-0.44%	–
WM	Exit	Waste Management Inc New	$0	–	-52,500	–	-0.45%	–
AAPL	Exit	Apple Computer	$0	–	-60,728	–	-0.49%	–
FDS	Exit	Factset Resh Sys Inc	$0	–	-22,100	–	-0.50%	–
JWA	Exit	Wiley John & Sons Cl A	$0	–	-171,039	–	-0.51%	–
GOOGL	Exit	Google Inc Class A	$0	–	-3,545	–	-0.54%	–
CVX	Exit	Chevron Corp	$0	–	-99,194	–	-0.58%	–
RTX	Exit	Raytheon Technologies Corp	$0	–	-138,907	–	-0.68%	–
LLY	Exit	Eli Lilly & Co	$0	–	-52,011	–	-0.69%	–
DLB	Exit	Dolby Laboratories, Inc CL A	$0	–	-139,418	–	-0.70%	–
ADP	Exit	Automatic Data Proc	$0	–	-63,800	–	-0.73%	–
DE	Exit	Deere Co	$0	–	-38,200	–	-0.73%	–
TGT	Exit	Target Corp Com	$0	–	-56,100	–	-0.73%	–
SO	Exit	Southern Company	$0	–	-210,466	–	-0.74%	–
CERN	Exit	Cerner Corp	$0	–	-191,965	–	-0.77%	–
SNY	Exit	Sanofi-Aventissponsored adr	$0	–	-284,300	–	-0.78%	–
RL	Exit	Ralph Lauren Corp	$0	–	-130,213	–	-0.83%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-255,375	–	-0.86%	–
GL	Exit	Globe Life Inc	$0	–	-170,375	–	-0.87%	–
EMR	Exit	Emerson Elec Co	$0	–	-162,100	–	-0.87%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-563,511	–	-0.88%	–
DUK	Exit	Duke Energy Corp New	$0	–	-158,750	–	-0.88%	–
TFC	Exit	Truist Financial Corp	$0	–	-264,876	–	-0.89%	–
RGA	Exit	Reinsurance Group America	$0	–	-150,098	–	-0.95%	–
AEP	Exit	American Electric Power Co	$0	–	-210,800	–	-0.98%	–
GPC	Exit	Genuine Parts Co	$0	–	-145,400	–	-1.01%	–
LOW	Exit	Lowe's Companies Inc	$0	–	-89,800	–	-1.04%	–
AAP	Exit	Advance Auto Parts Inc	$0	–	-89,925	–	-1.07%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-431,267	–	-1.10%	–
COP	Exit	Conocophillips	$0	–	-283,836	–	-1.10%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-144,530	–	-1.15%	–
PEP	Exit	Pepsico Inc	$0	–	-134,161	–	-1.15%	–
DG	Exit	Dollar General Corp	$0	–	-100,044	–	-1.21%	–
GD	Exit	General Dynamics Corp	$0	–	-109,100	–	-1.22%	–
T	Exit	AT&T Corp	$0	–	-805,210	–	-1.24%	–
ALL	Exit	Allstate	$0	–	-172,700	–	-1.26%	–
AXP	Exit	American Express	$0	–	-135,654	–	-1.30%	–
LH	Exit	Lab Corp Of Amer	$0	–	-81,781	–	-1.32%	–
USB	Exit	Us Bancorp (new)	$0	–	-403,700	–	-1.37%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-455,858	–	-1.39%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-151,303	–	-1.42%	–
MRK	Exit	Merck & Company, Inc	$0	–	-340,300	–	-1.46%	–
HR	Exit	Healthcare Realty TR REIT	$0	–	-871,093	–	-1.48%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-136,700	–	-1.54%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-140,404	–	-1.54%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-186,200	–	-1.55%	–
HD	Exit	Home Depot Inc	$0	–	-93,979	–	-1.76%	–
PG	Exit	Procter & Gamble Co	$0	–	-230,100	–	-1.84%	–
AFL	Exit	Aflac Inc	$0	–	-620,384	–	-1.85%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-254,830	–	-1.93%	–
TSCO	Exit	Tractor Supply Co	$0	–	-175,376	–	-2.03%	–
CB	Exit	CHUBB LTD	$0	–	-221,688	–	-2.20%	–
MMM	Exit	3m Company	$0	–	-220,030	–	-2.20%	–
KR	Exit	Kroger Co	$0	–	-957,555	–	-2.21%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-117,068	–	-2.31%	–
INTC	Exit	Intel Corp	$0	–	-768,139	–	-2.34%	–
CLX	Exit	Clorox Co Del Com	$0	–	-247,109	–	-2.34%	–
PAYX	Exit	Paychex Inc	$0	–	-375,983	–	-2.42%	–
ACN	Exit	Accenture PLC	$0	–	-142,853	–	-2.61%	–
PFE	Exit	Pfizer Inc	$0	–	-1,088,972	–	-2.68%	–
VZ	Exit	Verizon Communications Com	$0	–	-883,702	–	-2.73%	–
MDT	Exit	Medtronic Inc	$0	–	-394,111	–	-2.82%	–
TXN	Exit	Texas Instruments Inc	$0	–	-258,235	–	-2.84%	–
MSFT	Exit	Microsoft Corp	$0	–	-177,426	–	-2.86%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-957,113	–	-2.98%	–
JNJ	Exit	Johnson And Johnson	$0	–	-354,204	–	-3.27%	–

Q3 2021

			Value		Shares		↓ Weighting
JNJ	Buy	Johnson And Johnson	$57,204,000	+4.0%	354,204	+6.1%	3.27%	+0.6%
CSCO	Sell	Cisco Systems Inc	$52,096,000	+1.9%	957,113	-0.8%	2.98%	-1.5%
MSFT	Buy	Microsoft Corp	$50,020,000	+9.1%	177,426	+4.8%	2.86%	+5.5%
TXN	Buy	Texas Instruments Inc	$49,635,000	+7.3%	258,235	+7.3%	2.84%	+3.7%
MDT	Buy	Medtronic Inc	$49,402,000	+8.3%	394,111	+7.2%	2.82%	+4.7%
VZ	Buy	Verizon Communications Com	$47,729,000	+1.7%	883,702	+5.5%	2.73%	-1.7%
PFE	Buy	Pfizer Inc	$46,837,000	+11.9%	1,088,972	+1.9%	2.68%	+8.2%
ACN	Sell	Accenture PLC	$45,702,000	-9.9%	142,853	-17.0%	2.61%	-12.9%
PAYX	Buy	Paychex Inc	$42,279,000	+9.4%	375,983	+4.4%	2.42%	+5.8%
CLX	Buy	Clorox Co Del Com	$40,924,000	+9.8%	247,109	+19.3%	2.34%	+6.2%
INTC	Buy	Intel Corp	$40,926,000	+3.8%	768,139	+9.4%	2.34%	+0.4%
LMT	Buy	Lockheed Martin Corp	$40,400,000	-4.6%	117,068	+4.5%	2.31%	-7.8%
KR	Sell	Kroger Co	$38,714,000	-9.1%	957,555	-13.8%	2.21%	-12.0%
MMM	Sell	3m Company	$38,598,000	-17.7%	220,030	-6.8%	2.20%	-20.4%
CB	Buy	CHUBB LTD	$38,458,000	+17.3%	221,688	+7.5%	2.20%	+13.5%
TSCO	Buy	Tractor Supply Co	$35,533,000	+43.4%	175,376	+31.7%	2.03%	+38.7%
AFL	Buy	Aflac Inc	$32,341,000	+4.3%	620,384	+7.3%	1.85%	+0.9%
PG	Buy	Procter & Gamble Co	$32,168,000	+11.5%	230,100	+7.6%	1.84%	+7.8%
HD	Buy	Home Depot Inc	$30,850,000	+8.9%	93,979	+5.8%	1.76%	+5.3%
DGX	Sell	Quest Diagnostics, Inc.	$27,057,000	+8.0%	186,200	-1.9%	1.55%	+4.4%
CAT	Buy	Caterpillar Inc Del	$26,953,000	+24.0%	140,404	+40.6%	1.54%	+19.9%
TROW	Buy	Price T Rowe Group Inc	$26,889,000	-0.5%	136,700	+0.1%	1.54%	-3.8%
MRK	Sell	Merck & Company, Inc	$25,560,000	-5.0%	340,300	-1.7%	1.46%	-8.2%
JPM	Buy	JP Morgan Chase & Co	$24,767,000	+5.4%	151,303	+0.1%	1.42%	+1.9%
BHP	Buy	BHP Billiton Ltd	$24,398,000	+2.3%	455,858	+39.3%	1.39%	-1.1%
LH	Buy	Lab Corp Of Amer	$23,016,000	+8.4%	81,781	+6.2%	1.32%	+4.8%
AXP	Buy	American Express	$22,726,000	+19.0%	135,654	+17.4%	1.30%	+15.1%
ALL	Buy	Allstate	$21,986,000	+2.5%	172,700	+5.0%	1.26%	-0.9%
GD	Sell	General Dynamics Corp	$21,387,000	-15.7%	109,100	-19.0%	1.22%	-18.4%
DG	Buy	Dollar General Corp	$21,223,000	+19.7%	100,044	+22.1%	1.21%	+15.9%
PEP	Buy	Pepsico Inc	$20,179,000	+13.8%	134,161	+12.1%	1.15%	+10.0%
WMT	Buy	Wal-Mart Stores Inc	$20,145,000	+8.5%	144,530	+9.8%	1.15%	+4.9%
COP	Buy	Conocophillips	$19,236,000	+20.9%	283,836	+8.6%	1.10%	+16.9%
RDSA	Buy	Royal Dutch Shell	$19,222,000	+19.0%	431,267	+7.9%	1.10%	+15.1%
AAP	Buy	Advance Auto Parts Inc	$18,784,000	+20.5%	89,925	+18.3%	1.07%	+16.5%
LOW	Buy	Lowe's Companies Inc	$18,217,000	+22.6%	89,800	+17.2%	1.04%	+18.6%
AEP	Buy	American Electric Power Co	$17,113,000	-1.2%	210,800	+3.0%	0.98%	-4.4%
RGA	Buy	Reinsurance Group America	$16,700,000	+16.4%	150,098	+19.2%	0.95%	+12.5%
TFC	Buy	Truist Financial Corp	$15,535,000	+33.1%	264,876	+25.9%	0.89%	+28.7%
BP	Buy	Bp Plc Spon Adr	$15,401,000	+10.0%	563,511	+6.3%	0.88%	+6.3%
EMR	Buy	Emerson Elec Co	$15,270,000	+101.1%	162,100	+105.4%	0.87%	+94.2%
GL	Buy	Globe Life Inc	$15,168,000	+9.1%	170,375	+16.7%	0.87%	+5.6%
XOM	Buy	Exxon Mobil Corp	$15,021,000	+0.7%	255,375	+8.0%	0.86%	-2.7%
RL	Buy	Ralph Lauren Corp	$14,459,000	+12.2%	130,213	+19.0%	0.83%	+8.4%
CERN	Buy	Cerner Corp	$13,537,000	+8.2%	191,965	+20.0%	0.77%	+4.6%
SO	Buy	Southern Company	$13,043,000	+3.5%	210,466	+1.1%	0.74%	+0.1%
TGT	Sell	Target Corp Com	$12,834,000	-33.6%	56,100	-29.8%	0.73%	-35.8%
DE	Buy	Deere Co	$12,800,000	+88.0%	38,200	+97.9%	0.73%	+81.8%
ADP	Sell	Automatic Data Proc	$12,755,000	-35.0%	63,800	-35.4%	0.73%	-37.1%
DLB	Buy	Dolby Laboratories, Inc CL A	$12,269,000	+2.3%	139,418	+14.3%	0.70%	-1.1%
LLY	Sell	Eli Lilly & Co	$12,017,000	-54.1%	52,011	-54.4%	0.69%	-55.6%
RTX	Sell	Raytheon Technologies Corp	$11,940,000	+0.7%	138,907	-0.0%	0.68%	-2.6%
CVX	Sell	Chevron Corp	$10,063,000	-3.2%	99,194	-0.0%	0.58%	-6.4%
GOOGL	Buy	Google Inc Class A	$9,478,000	+26.8%	3,545	+15.8%	0.54%	+22.6%
JWA	Buy	Wiley John & Sons Cl A	$8,930,000	+41.1%	171,039	+62.6%	0.51%	+36.4%
FDS	Buy	Factset Resh Sys Inc	$8,725,000	+21.5%	22,100	+3.3%	0.50%	+17.7%
AAPL	Buy	Apple Computer	$8,593,000	+310.4%	60,728	+297.3%	0.49%	+296.0%
WM	Sell	Waste Management Inc New	$7,841,000	-8.6%	52,500	-14.2%	0.45%	-11.6%
MA	Buy	Mastercard	$7,413,000	+15.1%	21,320	+20.8%	0.42%	+11.3%
MOS	Sell	Mosaic Company	$7,294,000	-8.5%	204,197	-18.3%	0.42%	-11.5%
ROST	Buy	Ross Stores Inc	$7,218,000	+5.5%	66,309	+20.2%	0.41%	+2.0%
UPS	Sell	United Parcel Service	$6,811,000	-26.3%	37,400	-15.8%	0.39%	-28.8%
FTNT	Buy	Fortinet, Inc	$6,778,000	+55.4%	23,208	+26.7%	0.39%	+50.0%
MUR	Sell	Murphy Oil Corp	$6,710,000	+7.1%	268,717	-0.2%	0.38%	+3.5%
HXL	Sell	Hexcel Corp	$6,579,000	-5.2%	110,771	-0.4%	0.38%	-8.3%
MSM	Buy	MSC Industrial	$6,174,000	+4.1%	76,989	+16.5%	0.35%	+0.9%
AMAT	New	Applied Material Inc	$4,219,000	–	32,775	–	0.24%	–
APA	Sell	APA Corporation	$3,900,000	-1.1%	181,973	-0.2%	0.22%	-4.3%
FB	Sell	Facebook Inc	$3,399,000	-5.6%	10,015	-3.3%	0.19%	-8.9%
AMPE	Sell	Ampio Pharmaceuticals, Inc	$3,373,000	-7.6%	2,031,840	-7.0%	0.19%	-10.6%
OXY	Sell	Occidental Petroleum Corp	$3,252,000	-5.7%	109,930	-0.3%	0.19%	-8.8%
STRL	Sell	Sterling Construction	$3,113,000	-7.1%	137,313	-1.2%	0.18%	-10.1%
FTDR	Sell	Frontdoor Inc	$2,831,000	-16.9%	67,565	-1.1%	0.16%	-19.4%
FLR	Sell	Fluor Corp New Del Com	$2,769,000	-11.2%	173,417	-1.6%	0.16%	-14.1%
	Sell	Domino's Pizza Group plc	$2,604,000	-2.4%	487,490	-1.9%	0.15%	-5.7%
MEDP	Buy	Medpace Holdings, Inc.	$2,527,000	+140.7%	13,353	+124.5%	0.14%	+132.3%
NRC	Buy	National Research Corporation	$2,370,000	+8.4%	56,206	+18.0%	0.14%	+4.7%
GIL	Sell	Gildan Activewear Inc	$2,301,000	-37.8%	63,012	-37.1%	0.13%	-39.9%
BLBD	Sell	Blue Bird Corp	$2,258,000	-17.6%	108,265	-1.8%	0.13%	-20.4%
ATKR	Sell	Atkore International Group	$2,128,000	+20.3%	24,486	-1.7%	0.12%	+16.2%
FIZZ	Buy	National Beverage Corp	$2,084,000	+94.8%	39,695	+75.2%	0.12%	+88.9%
SEB	Sell	Seaboard Corp	$2,070,000	-30.6%	505	-34.5%	0.12%	-33.0%
GNRC	Sell	Generac	$1,962,000	-2.7%	4,801	-1.2%	0.11%	-5.9%
DCI	Buy	Donaldson Co Inc	$1,895,000	+139.9%	33,009	+165.6%	0.11%	+129.8%
PLSDF	Sell	Pulse Seismic Inc	$1,498,000	-12.9%	1,042,598	-2.5%	0.09%	-15.7%
EVTC	Buy	Evertec, Inc	$1,114,000	+195.5%	24,369	+182.0%	0.06%	+190.9%
PATI	Sell	Patriot Transportation	$1,063,000	-2.6%	93,244	-3.3%	0.06%	-4.7%
CDK	New	CDK Global, Inc.	$870,000	–	20,445	–	0.05%	–
QLYS	Buy	Qualys, Inc.	$657,000	+67.6%	5,904	+51.7%	0.04%	+65.2%
KO	Sell	Coca Cola Company	$525,000	-3.3%	10,000	-0.3%	0.03%	-6.2%
CSGS	Sell	CSG Systems International, Inc	$371,000	0.0%	7,702	-2.0%	0.02%	-4.5%
BIIB	Sell	Biogen Idec Inc Com	$283,000	-19.1%	1,000	-1.0%	0.02%	-23.8%
MCK	Sell	Mckesson Corp	$246,000	+4.2%	1,232	-0.1%	0.01%	0.0%
GS	Sell	Goldman Sachs Group	$227,000	-2.2%	600	-1.6%	0.01%	-7.1%
OXYWS	Sell	Occidental Petrol Corp	$164,000	-15.0%	13,861	-0.1%	0.01%	-18.2%
CYDY	Exit	Cytodyn Inc	$0	–	-87,237	–	-0.01%	–
SSB	Exit	South State Corporation	$0	–	-2,649	–	-0.01%	–
RBA	Exit	Ritchie Bros. Auctioneers Inc	$0	–	-9,853	–	-0.04%	–
	Exit	Hilton Food Group PLC	$0	–	-176,754	–	-0.16%	–
XEL	Exit	Xcel Energy Inc	$0	–	-103,500	–	-0.40%	–
ABB	Exit	ABB LTD	$0	–	-227,200	–	-0.46%	–

Q2 2021

			Value		Shares		↓ Weighting
JNJ	New	Johnson And Johnson	$54,988,000	–	333,789	–	3.25%	–
CSCO	New	Cisco Systems Inc	$51,133,000	–	964,778	–	3.02%	–
ACN	New	Accenture PLC	$50,740,000	–	172,121	–	3.00%	–
VZ	New	Verizon Communications Com	$46,947,000	–	837,899	–	2.77%	–
MMM	New	3m Company	$46,889,000	–	236,061	–	2.77%	–
TXN	New	Texas Instruments Inc	$46,275,000	–	240,641	–	2.73%	–
MSFT	New	Microsoft Corp	$45,845,000	–	169,233	–	2.71%	–
MDT	New	Medtronic Inc	$45,616,000	–	367,487	–	2.70%	–
KR	New	Kroger Co	$42,572,000	–	1,111,260	–	2.52%	–
LMT	New	Lockheed Martin Corp	$42,369,000	–	111,983	–	2.50%	–
PFE	New	Pfizer Inc	$41,867,000	–	1,069,117	–	2.47%	–
INTC	New	Intel Corpishare	$39,421,000	–	702,184	–	2.33%	–
PAYX	New	Paychex Inc	$38,647,000	–	360,175	–	2.28%	–
CLX	New	Clorox Co Del Com	$37,262,000	–	207,112	–	2.20%	–
KMB	New	Kimberly Clark Corp	$34,091,000	–	254,830	–	2.01%	–
CB	New	CHUBB LTD	$32,775,000	–	206,213	–	1.94%	–
AFL	New	Aflac Inc	$31,014,000	–	577,964	–	1.83%	–
PG	New	Procter & Gamble Co	$28,862,000	–	213,900	–	1.70%	–
HD	New	Home Depot Inc	$28,326,000	–	88,828	–	1.67%	–
TROW	New	Price T Rowe Group Inc	$27,023,000	–	136,500	–	1.60%	–
MRK	New	Merck & Company, Inc	$26,911,000	–	346,029	–	1.59%	–
HR	New	Healthcare Realty TR REIT	$26,307,000	–	871,093	–	1.55%	–
LLY	New	Eli Lilly & Co	$26,191,000	–	114,111	–	1.55%	–
GD	New	General Dynamics Corp	$25,360,000	–	134,707	–	1.50%	–
DGX	New	Quest Diagnostics, Inc.	$25,061,000	–	189,900	–	1.48%	–
TSCO	New	Tractor Supply Co	$24,783,000	–	133,199	–	1.46%	–
BHP	New	BHP Billiton Ltd	$23,842,000	–	327,359	–	1.41%	–
JPM	New	JP Morgan Chase & Co	$23,506,000	–	151,123	–	1.39%	–
T	New	AT&T Corp	$23,174,000	–	805,210	–	1.37%	–
USB	New	Us Bancorp (new)	$22,999,000	–	403,700	–	1.36%	–
CAT	New	Caterpillar Inc Del	$21,731,000	–	99,854	–	1.28%	–
ALL	New	Allstate	$21,460,000	–	164,517	–	1.27%	–
LH	New	Lab Corp Of Amer	$21,241,000	–	77,002	–	1.26%	–
ADP	New	Automatic Data Proc	$19,624,000	–	98,800	–	1.16%	–
TGT	New	Target Corp Com	$19,315,000	–	79,900	–	1.14%	–
AXP	New	American Express	$19,090,000	–	115,535	–	1.13%	–
WMT	New	Wal-Mart Stores Inc	$18,563,000	–	131,637	–	1.10%	–
GPC	New	Genuine Parts Co	$18,389,000	–	145,400	–	1.09%	–
PEP	New	Pepsico Inc	$17,735,000	–	119,693	–	1.05%	–
DG	New	Dollar General Corp	$17,728,000	–	81,925	–	1.05%	–
AEP	New	American Electric Power Co	$17,316,000	–	204,700	–	1.02%	–
RDSA	New	Royal Dutch Shell	$16,148,000	–	399,692	–	0.95%	–
COP	New	Conocophillips	$15,909,000	–	261,239	–	0.94%	–
DUK	New	Duke Energy Corp New	$15,672,000	–	158,750	–	0.93%	–
AAP	New	Advance Auto Parts Inc	$15,593,000	–	76,012	–	0.92%	–
SNY	New	Sanofi-Aventissponsored adr	$14,971,000	–	284,300	–	0.88%	–
XOM	New	Exxon Mobil Corp	$14,920,000	–	236,530	–	0.88%	–
LOW	New	Lowe's Companies Inc	$14,861,000	–	76,617	–	0.88%	–
RGA	New	Reinsurance Group America	$14,349,000	–	125,869	–	0.85%	–
BP	New	Bp Plc Spon Adr	$14,007,000	–	530,170	–	0.83%	–
GL	New	Globe Life Inc	$13,902,000	–	145,955	–	0.82%	–
RL	New	Ralph Lauren Corp	$12,891,000	–	109,424	–	0.76%	–
SO	New	Southern Company	$12,597,000	–	208,180	–	0.74%	–
CERN	New	Cerner Corp	$12,506,000	–	160,000	–	0.74%	–
DLB	New	Dolby Laboratories, Inc CL A	$11,993,000	–	122,021	–	0.71%	–
RTX	New	Raytheon Technologies Corp	$11,854,000	–	138,951	–	0.70%	–
TFC	New	Truist Financial Corp	$11,676,000	–	210,379	–	0.69%	–
CVX	New	Chevron Corp	$10,391,000	–	99,210	–	0.61%	–
UPS	New	United Parcel Service	$9,239,000	–	44,426	–	0.55%	–
WM	New	Waste Management Inc New	$8,577,000	–	61,215	–	0.51%	–
MOS	New	Mosaic Company	$7,975,000	–	249,931	–	0.47%	–
ABB	New	ABB LTD	$7,723,000	–	227,200	–	0.46%	–
EMR	New	Emerson Elec Co	$7,593,000	–	78,900	–	0.45%	–
GOOGL	New	Google Inc Class A	$7,477,000	–	3,062	–	0.44%	–
VLO	New	Valero Energy Corp	$7,402,000	–	94,800	–	0.44%	–
TTE	New	Total Energies SEsponsored adr	$7,212,000	–	159,335	–	0.43%	–
FDS	New	Factset Resh Sys Inc	$7,182,000	–	21,400	–	0.42%	–
HXL	New	Hexcel Corp	$6,941,000	–	111,241	–	0.41%	–
ROST	New	Ross Stores Inc	$6,841,000	–	55,171	–	0.40%	–
XEL	New	Xcel Energy Inc	$6,819,000	–	103,500	–	0.40%	–
DE	New	Deere Co	$6,807,000	–	19,300	–	0.40%	–
MA	New	Mastercard	$6,441,000	–	17,642	–	0.38%	–
JWA	New	Wiley John & Sons Cl A	$6,330,000	–	105,177	–	0.37%	–
MUR	New	Murphy Oil Corp	$6,266,000	–	269,162	–	0.37%	–
MSM	New	MSC Industrial	$5,931,000	–	66,098	–	0.35%	–
FTNT	New	Fortinet, Inc	$4,362,000	–	18,313	–	0.26%	–
APA	New	APA Corporation	$3,945,000	–	182,383	–	0.23%	–
GIL	New	Gildan Activewear Inc	$3,697,000	–	100,135	–	0.22%	–
AMPE	New	Ampio Pharmaceuticals, Inc	$3,649,000	–	2,184,840	–	0.22%	–
FB	New	Facebook Inc	$3,599,000	–	10,352	–	0.21%	–
OXY	New	Occidental Petroleum Corp	$3,447,000	–	110,233	–	0.20%	–
FTDR	New	Frontdoor Inc	$3,405,000	–	68,338	–	0.20%	–
STRL	New	Sterling Construction	$3,352,000	–	138,918	–	0.20%	–
FLR	New	Fluor Corp New Del Com	$3,119,000	–	176,222	–	0.18%	–
SEB	New	Seaboard Corp	$2,983,000	–	771	–	0.18%	–
BLBD	New	Blue Bird Corp	$2,741,000	–	110,264	–	0.16%	–
	New	Hilton Food Group PLC	$2,671,000	–	176,754	–	0.16%	–
	New	Domino's Pizza Group plc	$2,668,000	–	497,152	–	0.16%	–
NRC	New	National Research Corporation	$2,187,000	–	47,637	–	0.13%	–
AAPL	New	Apple Computer	$2,094,000	–	15,286	–	0.12%	–
GNRC	New	Generac	$2,017,000	–	4,858	–	0.12%	–
ATKR	New	Atkore International Group	$1,769,000	–	24,922	–	0.10%	–
PLSDF	New	Pulse Seismic Inc	$1,719,000	–	1,069,407	–	0.10%	–
PATI	New	Patriot Transportation	$1,091,000	–	96,426	–	0.06%	–
FIZZ	New	National Beverage Corp	$1,070,000	–	22,658	–	0.06%	–
MEDP	New	Medpace Holdings, Inc.	$1,050,000	–	5,947	–	0.06%	–
DCI	New	Donaldson Co Inc	$790,000	–	12,430	–	0.05%	–
RBA	New	Ritchie Bros. Auctioneers Inc	$584,000	–	9,853	–	0.04%	–
KO	New	Coca Cola Company	$543,000	–	10,034	–	0.03%	–
BRKA	New	Berkshire Hathaway CL A	$419,000	–	1	–	0.02%	–
QLYS	New	Qualys, Inc.	$392,000	–	3,893	–	0.02%	–
EVTC	New	Evertec, Inc	$377,000	–	8,640	–	0.02%	–
CSGS	New	CSG Systems International, Inc	$371,000	–	7,858	–	0.02%	–
OEF	New	IShares S&P 100	$368,000	–	1,878	–	0.02%	–
DTD	New	Wisdomtree Total Div Fundus total dividend	$377,000	–	3,183	–	0.02%	–
BIIB	New	Biogen Idec Inc Com	$350,000	–	1,010	–	0.02%	–
FLO	New	Flowers Foods, Inc	$336,000	–	13,882	–	0.02%	–
GS	New	Goldman Sachs Group	$232,000	–	610	–	0.01%	–
MCK	New	Mckesson Corp	$236,000	–	1,233	–	0.01%	–
SSB	New	South State Corporation	$217,000	–	2,649	–	0.01%	–
OXYWS	New	Occidental Petrol Corp	$193,000	–	13,877	–	0.01%	–
CYDY	New	Cytodyn Inc	$148,000	–	87,237	–	0.01%	–
PSWS	New	Puresafe Water Systems Inc	$1,000	–	14,000	–	0.00%	–
	New	Mycelx Technologies Corp	$7,000	–	10,360	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
	Exit	Mycelx Technologies Corp	$0	–	-10,360	–	0.00%	–
CVEO	Exit	Civeo Corp	$0	–	-16,000	–	-0.00%	–
OXYWS	Exit	Occidental Petrol Corp	$0	–	-14,086	–	-0.00%	–
CSGS	Exit	CSG Systems International, Inc	$0	–	-7,213	–	-0.03%	–
OEF	Exit	IShares S&P 100ishare	$0	–	-1,938	–	-0.03%	–
DTD	Exit	Wisdomtree Total Div Fundus total dividend	$0	–	-3,283	–	-0.03%	–
FLO	Exit	Flowers Foods, Inc	$0	–	-13,882	–	-0.03%	–
FIZZ	Exit	National Beverage Corp	$0	–	-5,581	–	-0.03%	–
FLIR	Exit	FLIR Systems, Inc	$0	–	-16,144	–	-0.05%	–
XOP	Exit	Spdr S P Oil Gas Explor	$0	–	-15,293	–	-0.06%	–
SNY	Exit	Sanofi-Aventissponsored adr	$0	–	-18,000	–	-0.08%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-112,677	–	-0.10%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-2,227,219	–	-0.11%	–
ROST	Exit	Ross Stores Inc	$0	–	-13,240	–	-0.11%	–
JEF	Exit	Jefferies Financial Group Inc	$0	–	-85,590	–	-0.14%	–
AAPL	Exit	Apple Computer	$0	–	-13,560	–	-0.14%	–
FLR	Exit	Fluor Corp New Del Com	$0	–	-183,771	–	-0.14%	–
BLBD	Exit	Blue Bird Corp	$0	–	-142,504	–	-0.16%	–
APA	Exit	Apache Corp	$0	–	-186,708	–	-0.16%	–
PATI	Exit	Patriot Transportation	$0	–	-225,975	–	-0.18%	–
PG	Exit	Procter & Gamble Co	$0	–	-14,700	–	-0.18%	–
GIL	Exit	Gildan Activewear Inc	$0	–	-105,007	–	-0.18%	–
	Exit	Domino's Pizza Group plc	$0	–	-477,806	–	-0.20%	–
NRC	Exit	National Research Corporation	$0	–	-46,219	–	-0.20%	–
GNRC	Exit	Generac	$0	–	-11,837	–	-0.20%	–
SEB	Exit	Seaboard Corp	$0	–	-819	–	-0.21%	–
STRL	Exit	Sterling Construction	$0	–	-164,192	–	-0.21%	–
MUR	Exit	Murphy Oil Corp	$0	–	-275,575	–	-0.22%	–
FTDR	Exit	Frontdoor Inc	$0	–	-66,209	–	-0.23%	–
MSM	Exit	MSC Industrial	$0	–	-47,124	–	-0.27%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-129,422	–	-0.27%	–
MA	Exit	Mastercard	$0	–	-9,269	–	-0.28%	–
VSEC	Exit	VSE Corp	$0	–	-103,798	–	-0.28%	–
GOOGL	Exit	Google Inc Class A	$0	–	-2,220	–	-0.29%	–
IFF	Exit	Intl Flavors & Fragrance	$0	–	-27,003	–	-0.30%	–
JWA	Exit	Wiley John & Sons Cl A	$0	–	-107,607	–	-0.31%	–
RL	Exit	Ralph Lauren Corp	$0	–	-51,453	–	-0.31%	–
HXL	Exit	Hexcel Corp	$0	–	-105,604	–	-0.32%	–
WM	Exit	Waste Management Inc New	$0	–	-32,800	–	-0.33%	–
ETN	Exit	Eaton Corp	$0	–	-38,200	–	-0.35%	–
JWN	Exit	Nordstrom Inc	$0	–	-371,800	–	-0.40%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-30,530	–	-0.40%	–
TTE	Exit	Total SAsponsored adr	$0	–	-139,735	–	-0.43%	–
KO	Exit	Coca Cola Company	$0	–	-98,400	–	-0.44%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-288,026	–	-0.45%	–
RGA	Exit	Reinsurance Group America	$0	–	-54,767	–	-0.47%	–
FB	Exit	Facebook Inc	$0	–	-20,315	–	-0.48%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-53,900	–	-0.49%	–
CBRL	Exit	Cracker Barrel	$0	–	-48,200	–	-0.50%	–
RCI	Exit	Rogers Communications	$0	–	-147,667	–	-0.52%	–
EMR	Exit	Emerson Elec Co	$0	–	-90,000	–	-0.53%	–
MOS	Exit	Mosaic Company	$0	–	-352,109	–	-0.58%	–
DLB	Exit	Dolby Laboratories, Inc CL A	$0	–	-113,688	–	-0.68%	–
UPS	Exit	United Parcel Service	$0	–	-46,600	–	-0.70%	–
RTX	Exit	Raytheon Technologies Corp	$0	–	-138,907	–	-0.72%	–
AXP	Exit	American Express	$0	–	-84,060	–	-0.76%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-39,400	–	-0.78%	–
GD	Exit	General Dynamics Corp	$0	–	-63,200	–	-0.78%	–
DE	Exit	Deere Co	$0	–	-39,500	–	-0.78%	–
COP	Exit	Conocophillips	$0	–	-267,244	–	-0.79%	–
FITB	Exit	Fifth Third Bancorp	$0	–	-411,270	–	-0.79%	–
CERN	Exit	Cerner Corp	$0	–	-125,571	–	-0.81%	–
GL	Exit	Globe Life Inc	$0	–	-114,473	–	-0.82%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-381,723	–	-0.86%	–
AAP	Exit	Advance Auto Parts Inc	$0	–	-62,784	–	-0.86%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-200,119	–	-0.93%	–
TSCO	Exit	Tractor Supply Co	$0	–	-78,297	–	-1.01%	–
AEP	Exit	American Electric Power Co	$0	–	-139,000	–	-1.02%	–
LH	Exit	Lab Corp Of Amer	$0	–	-64,050	–	-1.08%	–
RY	Exit	Royal Bank of Canada	$0	–	-176,200	–	-1.11%	–
SYY	Exit	Sysco Corporation	$0	–	-207,700	–	-1.16%	–
TFC	Exit	Truist Financial Corp	$0	–	-339,948	–	-1.16%	–
CVX	Exit	Chevron Corp	$0	–	-182,094	–	-1.18%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-138,803	–	-1.20%	–
ALL	Exit	Allstate	$0	–	-148,800	–	-1.26%	–
DG	Exit	Dollar General Corp	$0	–	-67,844	–	-1.27%	–
TRV	Exit	Travelers Cos Inc	$0	–	-132,664	–	-1.29%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-39,400	–	-1.35%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-447,692	–	-1.38%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-129,400	–	-1.49%	–
USB	Exit	Us Bancorp (new)	$0	–	-491,200	–	-1.58%	–
SO	Exit	Southern Company	$0	–	-346,915	–	-1.68%	–
MSFT	Exit	Microsoft Corp	$0	–	-94,539	–	-1.78%	–
GPC	Exit	Genuine Parts Co	$0	–	-209,200	–	-1.78%	–
DUK	Exit	Duke Energy Corp New	$0	–	-238,771	–	-1.90%	–
HR	Exit	Healthcare Realty TR REIT	$0	–	-725,676	–	-1.96%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-193,300	–	-1.98%	–
T	Exit	AT&T Corp	$0	–	-777,249	–	-1.98%	–
MRK	Exit	Merck & Company, Inc	$0	–	-276,915	–	-2.06%	–
TXN	Exit	Texas Instruments Inc	$0	–	-162,288	–	-2.08%	–
AFL	Exit	Aflac Inc	$0	–	-647,841	–	-2.11%	–
CB	Exit	CHUBB LTD	$0	–	-212,097	–	-2.21%	–
TGT	Exit	Target Corp Com	$0	–	-156,800	–	-2.21%	–
PAYX	Exit	Paychex Inc	$0	–	-315,647	–	-2.26%	–
INTC	Exit	Intel Corp	$0	–	-536,274	–	-2.49%	–
KR	Exit	Kroger Co	$0	–	-845,598	–	-2.57%	–
ACN	Exit	Accenture PLC	$0	–	-130,595	–	-2.64%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-199,823	–	-2.67%	–
MMM	Exit	3m Company	$0	–	-190,390	–	-2.73%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-801,561	–	-2.83%	–
VZ	Exit	Verizon Communications Com	$0	–	-546,837	–	-2.92%	–
PEP	Exit	Pepsico Inc	$0	–	-242,765	–	-3.02%	–
JNJ	Exit	Johnson And Johnson	$0	–	-244,869	–	-3.27%	–
PFE	Exit	Pfizer Inc	$0	–	-1,024,204	–	-3.37%	–
MDT	Exit	Medtronic Inc	$0	–	-381,944	–	-3.56%	–

Q3 2020

			Value		Shares		↓ Weighting
MDT	Buy	Medtronic Inc	$39,692,000	+19.8%	381,944	+5.7%	3.56%	+38.4%
PFE	Buy	Pfizer Inc	$37,588,000	+12.2%	1,024,204	+0.0%	3.37%	+29.6%
JNJ	Sell	Johnson And Johnson	$36,456,000	+1.3%	244,869	-4.3%	3.27%	+17.0%
PEP	Sell	Pepsico Inc	$33,647,000	+4.7%	242,765	-0.0%	3.02%	+21.0%
VZ	Buy	Verizon Communications Com	$32,531,000	+14.8%	546,837	+6.4%	2.92%	+32.6%
CSCO	Sell	Cisco Systems Inc	$31,573,000	-15.6%	801,561	-0.1%	2.83%	-2.5%
MMM	Buy	3m Company	$30,497,000	+5.2%	190,390	+2.5%	2.73%	+21.5%
CAT	Sell	Caterpillar Inc Del	$29,804,000	+17.9%	199,823	-0.0%	2.67%	+36.2%
ACN	Buy	Accenture PLC	$29,513,000	+16.3%	130,595	+10.5%	2.64%	+34.3%
KR	Sell	Kroger Co	$28,674,000	-13.3%	845,598	-13.4%	2.57%	+0.2%
INTC	Sell	Intel Corp	$27,768,000	-15.9%	536,274	-2.9%	2.49%	-2.9%
PAYX	Sell	Paychex Inc	$25,179,000	-16.8%	315,647	-21.0%	2.26%	-3.9%
TGT	Sell	Target Corp Com	$24,683,000	+8.4%	156,800	-17.4%	2.21%	+25.1%
CB	Sell	CHUBB LTD	$24,629,000	-8.4%	212,097	-0.1%	2.21%	+5.9%
AFL	Sell	Aflac Inc	$23,549,000	+0.9%	647,841	-0.0%	2.11%	+16.5%
TXN	Sell	Texas Instruments Inc	$23,173,000	-27.8%	162,288	-35.8%	2.08%	-16.7%
MRK	Sell	Merck & Company, Inc	$22,970,000	-5.3%	276,915	-11.7%	2.06%	+9.4%
DGX	Sell	Quest Diagnostics, Inc.	$22,131,000	-13.0%	193,300	-13.4%	1.98%	+0.6%
GPC	Sell	Genuine Parts Co	$19,910,000	-18.0%	209,200	-25.1%	1.78%	-5.3%
MSFT	Sell	Microsoft Corp	$19,884,000	-3.2%	94,539	-6.4%	1.78%	+11.7%
SO	Buy	Southern Company	$18,810,000	+10.7%	346,915	+5.9%	1.68%	+27.8%
TROW	Sell	Price T Rowe Group Inc	$16,592,000	-24.6%	129,400	-27.3%	1.49%	-12.8%
XOM	Buy	Exxon Mobil Corp	$15,369,000	-23.0%	447,692	+0.3%	1.38%	-11.1%
LMT	Buy	Lockheed Martin Corp	$15,101,000	+181.5%	39,400	+168.0%	1.35%	+225.2%
DG	Sell	Dollar General Corp	$14,221,000	+9.9%	67,844	-0.1%	1.27%	+26.9%
TFC	Sell	Truist Financial Corp	$12,935,000	-23.2%	339,948	-24.2%	1.16%	-11.3%
RY	Sell	Royal Bank of Canada	$12,359,000	-32.8%	176,200	-35.0%	1.11%	-22.4%
LH	Sell	Lab Corp Of Amer	$12,059,000	+13.3%	64,050	-0.0%	1.08%	+30.8%
AEP	Buy	American Electric Power Co	$11,360,000	+209.5%	139,000	+201.5%	1.02%	+257.2%
TSCO	Sell	Tractor Supply Co	$11,223,000	-17.3%	78,297	-24.0%	1.01%	-4.5%
BHP	Sell	BHP Billiton Ltd	$10,348,000	-62.4%	200,119	-63.8%	0.93%	-56.5%
AAP	Buy	Advance Auto Parts Inc	$9,637,000	+8.1%	62,784	+0.3%	0.86%	+24.7%
RDSA	Sell	Royal Dutch Shell	$9,608,000	-45.4%	381,723	-29.1%	0.86%	-36.9%
GL	Buy	Globe Life Inc	$9,146,000	+7.7%	114,473	+0.1%	0.82%	+24.3%
CERN	Sell	Cerner Corp	$9,078,000	+5.3%	125,571	-0.1%	0.81%	+21.5%
FITB	Sell	Fifth Third Bancorp	$8,768,000	-42.8%	411,270	-48.3%	0.79%	-33.9%
COP	Buy	Conocophillips	$8,776,000	-21.8%	267,244	+0.0%	0.79%	-9.8%
DE	Sell	Deere Co	$8,754,000	+7.1%	39,500	-24.0%	0.78%	+23.7%
GD	Buy	General Dynamics Corp	$8,749,000	+1.3%	63,200	+9.3%	0.78%	+17.0%
MCD	Sell	Mcdonalds Corp Com	$8,648,000	-0.5%	39,400	-16.3%	0.78%	+15.0%
AXP	Buy	American Express	$8,427,000	+5.6%	84,060	+0.2%	0.76%	+22.0%
UPS	Sell	United Parcel Service	$7,765,000	-59.3%	46,600	-72.8%	0.70%	-52.9%
DLB	Sell	Dolby Laboratories, Inc CL A	$7,535,000	-19.1%	113,688	-19.6%	0.68%	-6.6%
MOS	Sell	Mosaic Company	$6,433,000	+45.6%	352,109	-0.3%	0.58%	+67.9%
EMR	Sell	Emerson Elec Co	$5,901,000	+5.1%	90,000	-0.6%	0.53%	+21.3%
RCI	Sell	Rogers Communications	$5,855,000	-1.5%	147,667	-0.1%	0.52%	+13.9%
CBRL	Sell	Cracker Barrel	$5,527,000	-39.7%	48,200	-41.6%	0.50%	-30.4%
DRI	Sell	Darden Restaurants Inc	$5,430,000	-65.7%	53,900	-74.2%	0.49%	-60.4%
RGA	Sell	Reinsurance Group America	$5,213,000	+21.1%	54,767	-0.2%	0.47%	+39.8%
BP	Sell	Bp Plc Spon Adr	$5,029,000	-56.6%	288,026	-42.1%	0.45%	-49.8%
TTE	Sell	Total SAsponsored adr	$4,793,000	-67.2%	139,735	-63.2%	0.43%	-62.2%
JWN	Sell	Nordstrom Inc	$4,432,000	-51.9%	371,800	-37.5%	0.40%	-44.5%
ETN	Sell	Eaton Corp	$3,898,000	-44.4%	38,200	-52.4%	0.35%	-35.8%
HXL	Buy	Hexcel Corp	$3,543,000	-24.8%	105,604	+1.4%	0.32%	-13.2%
RL	Sell	Ralph Lauren Corp	$3,497,000	-6.5%	51,453	-0.2%	0.31%	+7.9%
JWA	Sell	Wiley John & Sons Cl A	$3,412,000	-19.2%	107,607	-0.6%	0.31%	-6.4%
IFF	Sell	Intl Flavors & Fragrance	$3,307,000	-33.5%	27,003	-33.5%	0.30%	-23.3%
GOOGL	Buy	Google Inc Class A	$3,254,000	+4.0%	2,220	+0.6%	0.29%	+20.2%
VSEC	Buy	VSE Corp	$3,180,000	-2.0%	103,798	+0.4%	0.28%	+13.1%
MA	Buy	Mastercard	$3,135,000	+15.2%	9,269	+0.7%	0.28%	+33.2%
WFC	Sell	Wells Fargo & Co New Del	$3,043,000	-78.9%	129,422	-77.0%	0.27%	-75.6%
MSM	Buy	MSC Industrial	$2,982,000	-12.6%	47,124	+0.6%	0.27%	+0.8%
FTDR	Buy	Frontdoor Inc	$2,576,000	-11.8%	66,209	+0.5%	0.23%	+1.8%
MUR	Sell	Murphy Oil Corp	$2,458,000	-35.9%	275,575	-0.8%	0.22%	-25.9%
SEB	Buy	Seaboard Corp	$2,323,000	-2.5%	819	+0.9%	0.21%	+12.4%
STRL	Sell	Sterling Construction	$2,325,000	-6.4%	164,192	-30.8%	0.21%	+7.8%
GNRC	Sell	Generac	$2,292,000	+14.3%	11,837	-28.0%	0.20%	+31.4%
NRC	Sell	National Research Corporation	$2,274,000	-15.6%	46,219	-0.1%	0.20%	-2.4%
	Buy	Domino's Pizza Group plc	$2,255,000	+23.5%	477,806	+0.3%	0.20%	+42.3%
GIL	Sell	Gildan Activewear Inc	$2,065,000	+26.1%	105,007	-0.7%	0.18%	+45.7%
PG	Sell	Procter & Gamble Co	$2,043,000	-71.5%	14,700	-75.5%	0.18%	-67.1%
PATI	Buy	Patriot Transportation	$2,022,000	+8.0%	225,975	+1.3%	0.18%	+24.8%
APA	Sell	Apache Corp	$1,768,000	-30.4%	186,708	-0.8%	0.16%	-19.8%
BLBD	Buy	Blue Bird Corp	$1,733,000	-17.0%	142,504	+2.3%	0.16%	-4.3%
FLR	Buy	Fluor Corp New Del Com	$1,619,000	-26.6%	183,771	+0.6%	0.14%	-15.2%
AAPL	Sell	Apple Computer	$1,570,000	-89.9%	13,560	-68.1%	0.14%	-88.3%
JEF	Sell	Jefferies Financial Group Inc	$1,541,000	-32.9%	85,590	-42.1%	0.14%	-22.5%
ROST	Buy	Ross Stores Inc	$1,236,000	+10.1%	13,240	+0.5%	0.11%	+27.6%
PLSDF	Buy	Pulse Seismic Inc	$1,217,000	-27.3%	2,227,219	+0.6%	0.11%	-16.2%
OXY	Sell	Occidental Petroleum Corp	$1,128,000	-45.7%	112,677	-0.7%	0.10%	-37.3%
SNY	Sell	Sanofi-Aventissponsored adr	$903,000	-91.8%	18,000	-91.7%	0.08%	-90.6%
XOP	Sell	Spdr S P Oil Gas Explor	$643,000	-21.1%	15,293	-2.1%	0.06%	-7.9%
FLIR	Buy	FLIR Systems, Inc	$579,000	+165.6%	16,144	+201.0%	0.05%	+205.9%
FIZZ	New	National Beverage Corp	$380,000	–	5,581	–	0.03%	–
DTD	Sell	Wisdomtree Total Div Fundus total dividend	$308,000	+3.0%	3,283	-1.1%	0.03%	+21.7%
OEF	New	IShares S&P 100ishare	$302,000	–	1,938	–	0.03%	–
CSGS	New	CSG Systems International, Inc	$295,000	–	7,213	–	0.03%	–
OXYWS	New	Occidental Petrol Corp	$42,000	–	14,086	–	0.00%	–
LLY	Exit	Eli Lilly & Co	$0	–	-12,411	–	-0.16%	–
MXIM	Exit	Maxim Integrated Prods	$0	–	-84,700	–	-0.40%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-47,752	–	-0.44%	–
VAR	Exit	Varian Medical Systems	$0	–	-49,072	–	-0.47%	–
APD	Exit	Air Products & Chemicals	$0	–	-25,300	–	-0.47%	–
HD	Exit	Home Depot Inc	$0	–	-28,900	–	-0.56%	–

Q2 2020

			Value		Shares		↓ Weighting
CSCO	New	Cisco Systems Inc	$37,407,000	–	802,031	–	2.90%	–
JNJ	New	Johnson And Johnson	$35,988,000	–	255,904	–	2.79%	–
PFE	New	Pfizer Inc	$33,486,000	–	1,024,023	–	2.60%	–
MDT	New	Medtronic Inc	$33,126,000	–	361,248	–	2.57%	–
KR	New	Kroger Co	$33,057,000	–	976,563	–	2.56%	–
INTC	New	Intel Corp	$33,030,000	–	552,059	–	2.56%	–
PEP	New	Pepsico Inc	$32,122,000	–	242,873	–	2.49%	–
TXN	New	Texas Instruments Inc	$32,116,000	–	252,945	–	2.49%	–
PAYX	New	Paychex Inc	$30,254,000	–	399,389	–	2.35%	–
MMM	New	3m Company	$28,976,000	–	185,756	–	2.25%	–
VZ	New	Verizon Communications Com	$28,339,000	–	514,044	–	2.20%	–
BHP	New	BHP Billiton Ltd	$27,498,000	–	552,936	–	2.13%	–
CB	New	CHUBB LTD	$26,875,000	–	212,247	–	2.08%	–
DGX	New	Quest Diagnostics, Inc.	$25,424,000	–	223,100	–	1.97%	–
ACN	New	Accenture PLC	$25,371,000	–	118,158	–	1.97%	–
CAT	New	Caterpillar Inc Del	$25,283,000	–	199,863	–	1.96%	–
GPC	New	Genuine Parts Co	$24,288,000	–	279,300	–	1.88%	–
MRK	New	Merck & Company, Inc	$24,252,000	–	313,615	–	1.88%	–
T	New	AT&T Corp	$23,496,000	–	777,249	–	1.82%	–
AFL	New	Aflac Inc	$23,347,000	–	648,001	–	1.81%	–
TGT	New	Target Corp Com	$22,775,000	–	189,900	–	1.77%	–
TROW	New	Price T Rowe Group Inc	$21,995,000	–	178,100	–	1.71%	–
HR	New	Healthcare Realty TR REIT	$21,255,000	–	725,676	–	1.65%	–
MSFT	New	Microsoft Corp	$20,547,000	–	100,962	–	1.59%	–
XOM	New	Exxon Mobil Corp	$19,969,000	–	446,542	–	1.55%	–
DUK	New	Duke Energy Corp New	$19,075,000	–	238,771	–	1.48%	–
UPS	New	United Parcel Service	$19,056,000	–	171,400	–	1.48%	–
RY	New	Royal Bank of Canada	$18,382,000	–	271,100	–	1.43%	–
USB	New	Us Bancorp (new)	$18,086,000	–	491,200	–	1.40%	–
RDSA	New	Royal Dutch Shell	$17,595,000	–	538,248	–	1.36%	–
SO	New	Southern Company	$16,992,000	–	327,715	–	1.32%	–
TFC	New	Truist Financial Corp	$16,832,000	–	448,248	–	1.31%	–
CVX	New	Chevron Corp	$16,248,000	–	182,094	–	1.26%	–
DRI	New	Darden Restaurants Inc	$15,828,000	–	208,900	–	1.23%	–
AAPL	New	Apple Computer	$15,497,000	–	42,482	–	1.20%	–
FITB	New	Fifth Third Bancorp	$15,327,000	–	794,970	–	1.19%	–
TRV	New	Travelers Cos Inc	$15,130,000	–	132,664	–	1.17%	–
TTE	New	Total SAsponsored adr	$14,620,000	–	380,135	–	1.13%	–
ALL	New	Allstate	$14,432,000	–	148,800	–	1.12%	–
WFC	New	Wells Fargo & Co New Del	$14,426,000	–	563,522	–	1.12%	–
TSCO	New	Tractor Supply Co	$13,573,000	–	102,991	–	1.05%	–
JPM	New	JP Morgan Chase & Co	$13,056,000	–	138,803	–	1.01%	–
DG	New	Dollar General Corp	$12,944,000	–	67,944	–	1.00%	–
BP	New	Bp Plc Spon Adr	$11,592,000	–	497,096	–	0.90%	–
SYY	New	Sysco Corporation	$11,353,000	–	207,700	–	0.88%	–
COP	New	Conocophillips	$11,229,000	–	267,224	–	0.87%	–
SNY	New	Sanofi-Aventissponsored adr	$11,057,000	–	216,600	–	0.86%	–
LH	New	Lab Corp Of Amer	$10,642,000	–	64,067	–	0.83%	–
DLB	New	Dolby Laboratories, Inc CL A	$9,318,000	–	141,464	–	0.72%	–
JWN	New	Nordstrom Inc	$9,220,000	–	595,200	–	0.72%	–
CBRL	New	Cracker Barrel	$9,161,000	–	82,600	–	0.71%	–
AAP	New	Advance Auto Parts Inc	$8,917,000	–	62,600	–	0.69%	–
MCD	New	Mcdonalds Corp Com	$8,689,000	–	47,100	–	0.67%	–
GD	New	General Dynamics Corp	$8,639,000	–	57,800	–	0.67%	–
CERN	New	Cerner Corp	$8,618,000	–	125,716	–	0.67%	–
RTX	New	Raytheon Technologies Corp	$8,559,000	–	138,907	–	0.66%	–
GL	New	Globe Life Inc	$8,492,000	–	114,398	–	0.66%	–
DE	New	Deere Co	$8,172,000	–	52,000	–	0.63%	–
AXP	New	American Express	$7,983,000	–	83,853	–	0.62%	–
HD	New	Home Depot Inc	$7,240,000	–	28,900	–	0.56%	–
PG	New	Procter & Gamble Co	$7,174,000	–	60,000	–	0.56%	–
ETN	New	Eaton Corp	$7,016,000	–	80,200	–	0.54%	–
APD	New	Air Products & Chemicals	$6,109,000	–	25,300	–	0.47%	–
VAR	New	Varian Medical Systems	$6,012,000	–	49,072	–	0.47%	–
RCI	New	Rogers Communications	$5,943,000	–	147,871	–	0.46%	–
WMT	New	Wal-Mart Stores Inc	$5,720,000	–	47,752	–	0.44%	–
EMR	New	Emerson Elec Co	$5,614,000	–	90,500	–	0.44%	–
LMT	New	Lockheed Martin Corp	$5,364,000	–	14,700	–	0.42%	–
MXIM	New	Maxim Integrated Prods	$5,134,000	–	84,700	–	0.40%	–
IFF	New	Intl Flavors & Fragrance	$4,970,000	–	40,582	–	0.39%	–
HXL	New	Hexcel Corp	$4,711,000	–	104,169	–	0.36%	–
FB	New	Facebook Inc	$4,613,000	–	20,315	–	0.36%	–
MOS	New	Mosaic Company	$4,419,000	–	353,233	–	0.34%	–
KO	New	Coca Cola Company	$4,397,000	–	98,400	–	0.34%	–
KMB	New	Kimberly Clark Corp	$4,315,000	–	30,530	–	0.34%	–
RGA	New	Reinsurance Group America	$4,304,000	–	54,874	–	0.33%	–
JWA	New	Wiley John & Sons Cl A	$4,221,000	–	108,227	–	0.33%	–
MUR	New	Murphy Oil Corp	$3,833,000	–	277,745	–	0.30%	–
RL	New	Ralph Lauren Corp	$3,740,000	–	51,578	–	0.29%	–
AEP	New	American Electric Power Co	$3,671,000	–	46,100	–	0.28%	–
WM	New	Waste Management Inc New	$3,474,000	–	32,800	–	0.27%	–
MSM	New	MSC Industrial	$3,410,000	–	46,830	–	0.26%	–
VSEC	New	VSE Corp	$3,244,000	–	103,348	–	0.25%	–
GOOGL	New	Google Inc Class A	$3,128,000	–	2,206	–	0.24%	–
FTDR	New	Frontdoor Inc	$2,921,000	–	65,888	–	0.23%	–
MA	New	Mastercard	$2,722,000	–	9,205	–	0.21%	–
NRC	New	National Research Corporation	$2,693,000	–	46,264	–	0.21%	–
APA	New	Apache Corp	$2,541,000	–	188,203	–	0.20%	–
STRL	New	Sterling Construction	$2,484,000	–	237,276	–	0.19%	–
SEB	New	Seaboard Corp	$2,382,000	–	812	–	0.18%	–
JEF	New	Jefferies Financial Group Inc	$2,297,000	–	147,700	–	0.18%	–
FLR	New	Fluor Corp New Del Com	$2,207,000	–	182,718	–	0.17%	–
BLBD	New	Blue Bird Corp	$2,087,000	–	139,236	–	0.16%	–
OXY	New	Occidental Petroleum Corp	$2,076,000	–	113,444	–	0.16%	–
LLY	New	Eli Lilly & Co	$2,038,000	–	12,411	–	0.16%	–
GNRC	New	Generac	$2,005,000	–	16,440	–	0.16%	–
PATI	New	Patriot Transportation	$1,873,000	–	223,028	–	0.14%	–
	New	Domino's Pizza Group plc	$1,826,000	–	476,502	–	0.14%	–
PLSDF	New	Pulse Seismic Inc	$1,675,000	–	2,214,669	–	0.13%	–
GIL	New	Gildan Activewear Inc	$1,637,000	–	105,712	–	0.13%	–
ROST	New	Ross Stores Inc	$1,123,000	–	13,169	–	0.09%	–
XOP	New	Spdr S P Oil Gas Explor	$815,000	–	15,618	–	0.06%	–
FLO	New	Flowers Foods, Inc	$310,000	–	13,882	–	0.02%	–
DTD	New	Wisdomtree Total Div Fundus total dividend	$299,000	–	3,318	–	0.02%	–
FLIR	New	FLIR Systems, Inc	$218,000	–	5,363	–	0.02%	–
CVEO	New	Civeo Corp	$10,000	–	16,000	–	0.00%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–
	New	Mycelx Technologies Corp	$6,000	–	10,360	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
CVEO	Exit	Civeo Corp	$0	–	-16,000	–	-0.00%	–
	Exit	Mycelx Technologies Corp	$0	–	-10,360	–	-0.00%	–
OEF	Exit	IShares S&P 100s&p 100 etf	$0	–	-1,822	–	-0.02%	–
ABCB	Exit	Ameris Bancorp	$0	–	-7,172	–	-0.02%	–
FLO	Exit	Flowers Foods, Inc	$0	–	-13,882	–	-0.02%	–
DTD	Exit	Wisdomtree Total Div Fundus total dividend	$0	–	-3,413	–	-0.02%	–
KO	Exit	Coca Cola Company	$0	–	-10,000	–	-0.04%	–
FTDR	Exit	Frontdoor Inc	$0	–	-15,643	–	-0.05%	–
XOP	Exit	Spdr S P Oil Gas Explor	$0	–	-47,691	–	-0.07%	–
FLR	Exit	Fluor Corp New Del Com	$0	–	-56,833	–	-0.07%	–
NRC	Exit	National Research Corporation	$0	–	-25,242	–	-0.10%	–
JEF	Exit	Jefferies Financial Group Inc	$0	–	-91,428	–	-0.11%	–
CNRD	Exit	Conrad Industries	$0	–	-169,490	–	-0.12%	–
PATI	Exit	Patriot Transportation	$0	–	-147,653	–	-0.18%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-1,642,725	–	-0.18%	–
	Exit	Hilton Food Group PLC	$0	–	-223,834	–	-0.18%	–
	Exit	Ashmore Group Ltd	$0	–	-450,098	–	-0.19%	–
	Exit	Homeserve PLC	$0	–	-191,880	–	-0.19%	–
	Exit	Howden Joinery	$0	–	-410,436	–	-0.19%	–
HXL	Exit	Hexcel Corp	$0	–	-35,738	–	-0.20%	–
GIL	Exit	Gildan Activewear Inc	$0	–	-82,715	–	-0.20%	–
SEB	Exit	Seaboard Corp	$0	–	-676	–	-0.20%	–
BLBD	Exit	Blue Bird Corp	$0	–	-156,151	–	-0.20%	–
STRL	Exit	Sterling Construction	$0	–	-238,606	–	-0.21%	–
RL	Exit	Ralph Lauren Corp	$0	–	-33,844	–	-0.22%	–
VSEC	Exit	VSE Corp	$0	–	-95,475	–	-0.22%	–
FAST	Exit	Fastenal Co	$0	–	-125,700	–	-0.28%	–
APA	Exit	Apache Corp	$0	–	-178,185	–	-0.30%	–
JWA	Exit	Wiley John & Sons Cl A	$0	–	-109,895	–	-0.32%	–
MSM	Exit	MSC Industrial	$0	–	-68,207	–	-0.33%	–
FB	Exit	Facebook Inc	$0	–	-28,965	–	-0.34%	–
VAR	Exit	Varian Medical Systems	$0	–	-44,840	–	-0.36%	–
MUR	Exit	Murphy Oil Corp	$0	–	-263,350	–	-0.39%	–
IFF	Exit	Intl Flavors & Fragrance	$0	–	-48,428	–	-0.40%	–
RCI	Exit	Rogers Communications	$0	–	-131,370	–	-0.43%	–
MOS	Exit	Mosaic Company	$0	–	-327,960	–	-0.45%	–
PPL	Exit	PPL Corp	$0	–	-231,600	–	-0.49%	–
CERN	Exit	Cerner Corp	$0	–	-112,830	–	-0.52%	–
RGA	Exit	Reinsurance Group America	$0	–	-50,005	–	-0.54%	–
DLB	Exit	Dolby Laboratories, Inc CL A	$0	–	-127,046	–	-0.55%	–
LH	Exit	Lab Corp Of Amer	$0	–	-50,703	–	-0.57%	–
TSCO	Exit	Tractor Supply Co	$0	–	-95,756	–	-0.58%	–
AXP	Exit	American Express	$0	–	-76,440	–	-0.60%	–
AAP	Exit	Advance Auto Parts Inc	$0	–	-56,980	–	-0.63%	–
DG	Exit	Dollar General Corp	$0	–	-59,501	–	-0.63%	–
GD	Exit	General Dynamics Corp	$0	–	-52,400	–	-0.64%	–
GL	Exit	Globe Life Inc	$0	–	-104,245	–	-0.67%	–
RTN	Exit	Raytheon Co	$0	–	-50,946	–	-0.67%	–
DE	Exit	Deere Co	$0	–	-64,300	–	-0.73%	–
ALL	Exit	Allstate	$0	–	-108,100	–	-0.79%	–
VLO	Exit	Valero Energy Corp	$0	–	-141,000	–	-0.80%	–
COP	Exit	Conocophillips	$0	–	-227,824	–	-0.87%	–
SYY	Exit	Sysco Corporation	$0	–	-174,600	–	-0.93%	–
TRV	Exit	Travelers Cos Inc	$0	–	-99,264	–	-0.99%	–
TGT	Exit	Target Corp Com	$0	–	-164,300	–	-1.18%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-471,190	–	-1.20%	–
FITB	Exit	Fifth Third Bancorp	$0	–	-657,470	–	-1.20%	–
ABB	Exit	ABB LTD	$0	–	-1,004,800	–	-1.32%	–
PAYX	Exit	Paychex Inc	$0	–	-239,665	–	-1.33%	–
SO	Exit	Southern Company	$0	–	-324,315	–	-1.34%	–
TTE	Exit	Total SAsponsored adr	$0	–	-398,935	–	-1.39%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-184,200	–	-1.46%	–
JWN	Exit	Nordstrom Inc	$0	–	-647,700	–	-1.46%	–
CVX	Exit	Chevron Corp	$0	–	-184,994	–	-1.47%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-173,996	–	-1.47%	–
RY	Exit	Royal Bank of Canada	$0	–	-276,000	–	-1.50%	–
CBRL	Exit	Cracker Barrel	$0	–	-139,300	–	-1.52%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-198,700	–	-1.52%	–
DUK	Exit	Duke Energy Corp New	$0	–	-237,571	–	-1.52%	–
KR	Exit	Kroger Co	$0	–	-918,645	–	-1.59%	–
ETN	Exit	Eaton Corp	$0	–	-292,900	–	-1.63%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-228,400	–	-1.64%	–
SNY	Exit	Sanofi-Aventissponsored adr	$0	–	-528,800	–	-1.64%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-557,254	–	-1.66%	–
AEP	Exit	American Electric Power Co	$0	–	-266,900	–	-1.67%	–
EMR	Exit	Emerson Elec Co	$0	–	-374,200	–	-1.68%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-510,705	–	-1.69%	–
BBT	Exit	BB&T Corporation	$0	–	-485,000	–	-1.73%	–
CB	Exit	CHUBB LTD	$0	–	-162,583	–	-1.76%	–
MMM	Exit	3m Company	$0	–	-159,822	–	-1.76%	–
USB	Exit	Us Bancorp (new)	$0	–	-490,000	–	-1.82%	–
VZ	Exit	Verizon Communications Com	$0	–	-450,604	–	-1.82%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-232,703	–	-1.83%	–
AAPL	Exit	Apple Computer	$0	–	-122,600	–	-1.84%	–
MRK	Exit	Merck & Company, Inc	$0	–	-326,515	–	-1.84%	–
AFL	Exit	Aflac Inc	$0	–	-527,097	–	-1.85%	–
LLY	Exit	Eli Lilly & Co	$0	–	-248,011	–	-1.86%	–
T	Exit	AT&T Corp	$0	–	-746,459	–	-1.89%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-401,989	–	-1.90%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-566,822	–	-1.91%	–
GPC	Exit	Genuine Parts Co	$0	–	-288,100	–	-1.92%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-517,445	–	-2.04%	–
TXN	Exit	Texas Instruments Inc	$0	–	-249,033	–	-2.16%	–
PEP	Exit	Pepsico Inc	$0	–	-235,688	–	-2.16%	–
MSFT	Exit	Microsoft Corp	$0	–	-234,935	–	-2.19%	–
MDT	Exit	Medtronic Inc	$0	–	-309,938	–	-2.25%	–
PFE	Exit	Pfizer Inc	$0	–	-1,034,820	–	-2.49%	–
JNJ	Exit	Johnson And Johnson	$0	–	-296,563	–	-2.57%	–
INTC	Exit	Intel Corp	$0	–	-763,876	–	-2.64%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-824,356	–	-2.73%	–

Q3 2019

			Value		Shares		↓ Weighting
CSCO	Buy	Cisco Systems Inc	$40,731,000	+2.3%	824,356	+13.3%	2.73%	+1.2%
INTC	Sell	Intel Corp	$39,363,000	+6.3%	763,876	-1.2%	2.64%	+5.2%
JNJ	Buy	Johnson And Johnson	$38,369,000	+1.6%	296,563	+9.4%	2.57%	+0.5%
PFE	Buy	Pfizer Inc	$37,181,000	+5.6%	1,034,820	+27.3%	2.49%	+4.4%
MDT	Buy	Medtronic Inc	$33,665,000	+20.1%	309,938	+7.7%	2.25%	+18.8%
MSFT	Sell	Microsoft Corp	$32,663,000	+1.0%	234,935	-2.6%	2.19%	-0.0%
PEP	Sell	Pepsico Inc	$32,313,000	+3.0%	235,688	-1.4%	2.16%	+1.9%
TXN	Sell	Texas Instruments Inc	$32,185,000	+3.4%	249,033	-8.1%	2.16%	+2.3%
RDSA	Buy	Royal Dutch Shell	$30,452,000	+3.0%	517,445	+13.9%	2.04%	+1.9%
GPC	Buy	Genuine Parts Co	$28,692,000	+15.2%	288,100	+19.8%	1.92%	+13.9%
WFC	Buy	Wells Fargo & Co New Del	$28,591,000	+16.3%	566,822	+9.1%	1.91%	+15.0%
XOM	Buy	Exxon Mobil Corp	$28,384,000	+0.9%	401,989	+9.5%	1.90%	-0.2%
T	Sell	AT&T Corp	$28,246,000	+9.2%	746,459	-3.3%	1.89%	+8.0%
LLY	Buy	Eli Lilly & Co	$27,735,000	+89.8%	248,011	+88.0%	1.86%	+87.6%
AFL	Buy	Aflac Inc	$27,578,000	+9.8%	527,097	+15.1%	1.85%	+8.6%
MRK	Sell	Merck & Company, Inc	$27,486,000	+0.4%	326,515	-0.0%	1.84%	-0.8%
JPM	Buy	JP Morgan Chase & Co	$27,387,000	+12.2%	232,703	+6.6%	1.83%	+11.0%
VZ	Buy	Verizon Communications Com	$27,198,000	+17.1%	450,604	+10.8%	1.82%	+15.8%
USB	Buy	Us Bancorp (new)	$27,117,000	+11.3%	490,000	+5.4%	1.82%	+10.1%
MMM	Buy	3m Company	$26,275,000	-0.7%	159,822	+4.7%	1.76%	-1.8%
CB	Buy	CHUBB LTD	$26,247,000	+10.1%	162,583	+0.5%	1.76%	+8.9%
BBT	Buy	BB&T Corporation	$25,884,000	+15.1%	485,000	+6.0%	1.73%	+13.9%
BHP	Buy	BHP Billiton Ltd	$25,219,000	-6.6%	510,705	+9.9%	1.69%	-7.6%
EMR	Buy	Emerson Elec Co	$25,019,000	+16.1%	374,200	+15.8%	1.68%	+14.8%
AEP	Buy	American Electric Power Co	$25,006,000	+16.5%	266,900	+9.5%	1.67%	+15.2%
OXY	Buy	Occidental Petroleum Corp	$24,781,000	-2.4%	557,254	+10.4%	1.66%	-3.5%
SNY	Buy	Sanofi-Aventissponsored adr	$24,499,000	+25.3%	528,800	+17.0%	1.64%	+23.9%
DGX	Buy	Quest Diagnostics, Inc.	$24,446,000	+13.7%	228,400	+8.1%	1.64%	+12.4%
ETN	Buy	Eaton Corp	$24,355,000	+7.5%	292,900	+7.6%	1.63%	+6.3%
KR	Buy	Kroger Co	$23,683,000	+42.0%	918,645	+19.6%	1.59%	+40.5%
TROW	Buy	Price T Rowe Group Inc	$22,701,000	+4.6%	198,700	+0.4%	1.52%	+3.4%
CBRL	Buy	Cracker Barrel	$22,657,000	+16.7%	139,300	+22.5%	1.52%	+15.4%
RY	Sell	Royal Bank of Canada	$22,400,000	+1.0%	276,000	-1.2%	1.50%	-0.1%
CAT	Buy	Caterpillar Inc Del	$21,977,000	+2.3%	173,996	+10.4%	1.47%	+1.2%
CVX	Buy	Chevron Corp	$21,940,000	+6.2%	184,994	+11.4%	1.47%	+5.0%
JWN	Buy	Nordstrom Inc	$21,808,000	+29.8%	647,700	+22.8%	1.46%	+28.4%
TTE	Buy	Total SAsponsored adr	$20,745,000	+9.8%	398,935	+17.8%	1.39%	+8.6%
SO	Buy	Southern Company	$20,033,000	+25.5%	324,315	+12.3%	1.34%	+24.1%
PAYX	New	Paychex Inc	$19,837,000	–	239,665	–	1.33%	–
ABB	Buy	ABB LTD	$19,764,000	+14.9%	1,004,800	+17.0%	1.32%	+13.7%
BP	Buy	Bp Plc Spon Adr	$17,901,000	+3.1%	471,190	+13.2%	1.20%	+2.0%
TGT	Sell	Target Corp Com	$17,565,000	-23.4%	164,300	-38.0%	1.18%	-24.3%
TRV	Buy	Travelers Cos Inc	$14,760,000	+0.6%	99,264	+1.1%	0.99%	-0.6%
SYY	Buy	Sysco Corporation	$13,863,000	+49.3%	174,600	+33.0%	0.93%	+47.5%
COP	Buy	Conocophillips	$12,981,000	+99.9%	227,824	+114.0%	0.87%	+97.5%
ALL	Buy	Allstate	$11,748,000	+45.3%	108,100	+36.0%	0.79%	+43.9%
DE	Buy	Deere Co	$10,846,000	+10.9%	64,300	+9.0%	0.73%	+9.7%
RTN	Buy	Raytheon Co	$9,995,000	+69.3%	50,946	+50.1%	0.67%	+67.2%
GL	New	Globe Life Inc	$9,983,000	–	104,245	–	0.67%	–
GD	Buy	General Dynamics Corp	$9,575,000	+49.6%	52,400	+48.9%	0.64%	+48.0%
DG	Sell	Dollar General Corp	$9,457,000	-30.0%	59,501	-40.5%	0.63%	-30.7%
AAP	Buy	Advance Auto Parts Inc	$9,424,000	+8.3%	56,980	+1.0%	0.63%	+7.1%
AXP	Buy	American Express	$9,041,000	-3.1%	76,440	+1.2%	0.60%	-4.1%
TSCO	Buy	Tractor Supply Co	$8,660,000	-15.4%	95,756	+1.8%	0.58%	-16.3%
LH	Buy	Lab Corp Of Amer	$8,518,000	-1.4%	50,703	+1.5%	0.57%	-2.6%
DLB	Buy	Dolby Laboratories, Inc CL A	$8,212,000	+18.0%	127,046	+18.0%	0.55%	+16.8%
RGA	Buy	Reinsurance Group America	$7,995,000	+3.8%	50,005	+1.3%	0.54%	+2.5%
CERN	Buy	Cerner Corp	$7,692,000	-5.8%	112,830	+1.3%	0.52%	-6.9%
PPL	Sell	PPL Corp	$7,293,000	-49.5%	231,600	-50.2%	0.49%	-50.1%
MOS	Buy	Mosaic Company	$6,723,000	-11.3%	327,960	+8.3%	0.45%	-12.3%
RCI	Buy	Rogers Communications	$6,402,000	-7.8%	131,370	+1.3%	0.43%	-8.7%
IFF	Buy	Intl Flavors & Fragrance	$5,942,000	-14.5%	48,428	+1.1%	0.40%	-15.3%
MUR	Buy	Murphy Oil Corp	$5,823,000	-9.3%	263,350	+1.1%	0.39%	-10.3%
VAR	Buy	Varian Medical Systems	$5,340,000	-11.5%	44,840	+1.1%	0.36%	-12.5%
MSM	Buy	MSC Industrial	$4,947,000	-1.7%	68,207	+0.6%	0.33%	-2.9%
JWA	Sell	Wiley John & Sons Cl A	$4,829,000	-5.0%	109,895	-0.8%	0.32%	-6.1%
APA	Buy	Apache Corp	$4,562,000	-10.4%	178,185	+1.3%	0.30%	-11.6%
FAST	Sell	Fastenal Co	$4,107,000	-63.8%	125,700	-63.9%	0.28%	-64.2%
VSEC	Sell	VSE Corp	$3,255,000	+9.0%	95,475	-8.2%	0.22%	+7.9%
RL	Buy	Ralph Lauren Corp	$3,231,000	-15.1%	33,844	+1.0%	0.22%	-16.3%
STRL	Buy	Sterling Construction	$3,138,000	+2.1%	238,606	+4.2%	0.21%	+1.0%
BLBD	Buy	Blue Bird Corp	$2,972,000	-0.4%	156,151	+3.1%	0.20%	-1.5%
SEB	Buy	Seaboard Corp	$2,958,000	+10.2%	676	+4.2%	0.20%	+8.8%
GIL	Buy	Gildan Activewear Inc	$2,936,000	-5.2%	82,715	+3.3%	0.20%	-6.2%
HXL	Buy	Hexcel Corp	$2,935,000	+3.2%	35,738	+1.6%	0.20%	+2.1%
	Buy	Howden Joinery	$2,834,000	+11.9%	410,436	+4.6%	0.19%	+11.1%
	Buy	Homeserve PLC	$2,804,000	+0.6%	191,880	+4.0%	0.19%	-0.5%
	Buy	Ashmore Group Ltd	$2,807,000	+0.3%	450,098	+4.3%	0.19%	-1.1%
	Buy	Hilton Food Group PLC	$2,742,000	+4.3%	223,834	+4.9%	0.18%	+3.4%
PLSDF	Buy	Pulse Seismic Inc	$2,667,000	+0.8%	1,642,725	+5.0%	0.18%	0.0%
PATI	Buy	Patriot Transportation	$2,643,000	+16.1%	147,653	+10.0%	0.18%	+14.9%
CNRD	Buy	Conrad Industries	$1,780,000	-1.5%	169,490	+26.9%	0.12%	-2.5%
JEF	Buy	Jefferies Financial Group Inc	$1,682,000	+0.2%	91,428	+4.7%	0.11%	-0.9%
NRC	Sell	National Research Corporation	$1,458,000	-25.4%	25,242	-25.7%	0.10%	-25.8%
FLR	Buy	Fluor Corp New Del Com	$1,087,000	-39.9%	56,833	+5.8%	0.07%	-40.2%
XOP	Buy	Spdr S P Oil Gas Explor	$1,066,000	+97.0%	47,691	+140.1%	0.07%	+91.9%
FTDR	Buy	Frontdoor Inc	$760,000	+13.9%	15,643	+2.2%	0.05%	+13.3%
KO	Sell	Coca Cola Company	$544,000	+5.4%	10,000	-1.4%	0.04%	+2.9%
	Exit	Ensco Rowan PLC	$0	–	-353,418	–	-0.20%	–
TMK	Exit	Torchmark Corp	$0	–	-103,250	–	-0.62%	–
CLX	Exit	Clorox Co Del Com	$0	–	-91,833	–	-0.95%	–
HD	Exit	Home Depot Inc	$0	–	-78,106	–	-1.10%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-147,330	–	-1.33%	–
STI	Exit	SunTrust Bank	$0	–	-346,746	–	-1.48%	–
UPS	Exit	United Parcel Service	$0	–	-245,444	–	-1.72%	–

Q2 2019

			Value		Shares		↓ Weighting
CSCO	New	Cisco Systems Inc	$39,805,000	–	727,303	–	2.70%	–
JNJ	New	Johnson And Johnson	$37,755,000	–	271,073	–	2.56%	–
INTC	New	Intel Corp	$37,014,000	–	773,221	–	2.51%	–
PFE	New	Pfizer Inc	$35,210,000	–	812,797	–	2.38%	–
MSFT	New	Microsoft Corp	$32,325,000	–	241,305	–	2.19%	–
PEP	New	Pepsico Inc	$31,358,000	–	239,133	–	2.12%	–
TXN	New	Texas Instruments Inc	$31,112,000	–	271,106	–	2.11%	–
RDSA	New	Royal Dutch Shell	$29,552,000	–	454,160	–	2.00%	–
XOM	New	Exxon Mobil Corp	$28,128,000	–	367,067	–	1.90%	–
MDT	New	Medtronic Inc	$28,030,000	–	287,812	–	1.90%	–
MRK	New	Merck & Company, Inc	$27,381,000	–	326,544	–	1.85%	–
BHP	New	BHP Billiton Ltd	$27,007,000	–	464,750	–	1.83%	–
MMM	New	3m Company	$26,464,000	–	152,670	–	1.79%	–
T	New	AT&T Corp	$25,861,000	–	771,728	–	1.75%	–
OXY	New	Occidental Petroleum Corp	$25,385,000	–	504,876	–	1.72%	–
UPS	New	United Parcel Service	$25,347,000	–	245,444	–	1.72%	–
AFL	New	Aflac Inc	$25,108,000	–	458,097	–	1.70%	–
GPC	New	Genuine Parts Co	$24,911,000	–	240,500	–	1.69%	–
WFC	New	Wells Fargo & Co New Del	$24,584,000	–	519,524	–	1.66%	–
JPM	New	JP Morgan Chase & Co	$24,400,000	–	218,249	–	1.65%	–
USB	New	Us Bancorp (new)	$24,360,000	–	464,892	–	1.65%	–
AAPL	New	Apple Computer	$24,265,000	–	122,600	–	1.64%	–
CB	New	CHUBB LTD	$23,838,000	–	161,845	–	1.61%	–
VZ	New	Verizon Communications Com	$23,232,000	–	406,643	–	1.57%	–
TGT	New	Target Corp Com	$22,943,000	–	264,900	–	1.55%	–
ETN	New	Eaton Corp	$22,666,000	–	272,164	–	1.54%	–
BBT	New	BB&T Corporation	$22,485,000	–	457,647	–	1.52%	–
DRI	New	Darden Restaurants Inc	$22,423,000	–	184,200	–	1.52%	–
RY	New	Royal Bank of Canada	$22,176,000	–	279,300	–	1.50%	–
STI	New	SunTrust Bank	$21,793,000	–	346,746	–	1.48%	–
TROW	New	Price T Rowe Group Inc	$21,712,000	–	197,900	–	1.47%	–
EMR	New	Emerson Elec Co	$21,557,000	–	323,100	–	1.46%	–
DGX	New	Quest Diagnostics, Inc.	$21,502,000	–	211,200	–	1.46%	–
CAT	New	Caterpillar Inc Del	$21,482,000	–	157,621	–	1.45%	–
AEP	New	American Electric Power Co	$21,457,000	–	243,800	–	1.45%	–
DUK	New	Duke Energy Corp New	$20,963,000	–	237,571	–	1.42%	–
CVX	New	Chevron Corp	$20,664,000	–	166,053	–	1.40%	–
KMB	New	Kimberly Clark Corp	$19,636,000	–	147,330	–	1.33%	–
SNY	New	Sanofi-Aventissponsored adr	$19,558,000	–	452,000	–	1.32%	–
CBRL	New	Cracker Barrel	$19,412,000	–	113,700	–	1.31%	–
TTE	New	Total SAsponsored adr	$18,898,000	–	338,735	–	1.28%	–
FITB	New	Fifth Third Bancorp	$18,343,000	–	657,470	–	1.24%	–
BP	New	Bp Plc Spon Adr	$17,362,000	–	416,360	–	1.18%	–
ABB	New	ABB LTD	$17,196,000	–	858,500	–	1.16%	–
JWN	New	Nordstrom Inc	$16,800,000	–	527,300	–	1.14%	–
KR	New	Kroger Co	$16,680,000	–	768,290	–	1.13%	–
HD	New	Home Depot Inc	$16,244,000	–	78,106	–	1.10%	–
SO	New	Southern Company	$15,966,000	–	288,815	–	1.08%	–
TRV	New	Travelers Cos Inc	$14,677,000	–	98,164	–	0.99%	–
LLY	New	Eli Lilly & Co	$14,616,000	–	131,921	–	0.99%	–
PPL	New	PPL Corp	$14,434,000	–	465,462	–	0.98%	–
CLX	New	Clorox Co Del Com	$14,061,000	–	91,833	–	0.95%	–
DG	New	Dollar General Corp	$13,506,000	–	99,929	–	0.91%	–
VLO	New	Valero Energy Corp	$12,071,000	–	141,000	–	0.82%	–
FAST	New	Fastenal Co	$11,345,000	–	348,100	–	0.77%	–
TSCO	New	Tractor Supply Co	$10,237,000	–	94,090	–	0.69%	–
DE	New	Deere Co	$9,777,000	–	59,000	–	0.66%	–
AXP	New	American Express	$9,326,000	–	75,550	–	0.63%	–
SYY	New	Sysco Corporation	$9,286,000	–	131,300	–	0.63%	–
TMK	New	Torchmark Corp	$9,237,000	–	103,250	–	0.62%	–
AAP	New	Advance Auto Parts Inc	$8,698,000	–	56,430	–	0.59%	–
LH	New	Lab Corp Of Amer	$8,635,000	–	49,945	–	0.58%	–
CERN	New	Cerner Corp	$8,167,000	–	111,420	–	0.55%	–
ALL	New	Allstate	$8,084,000	–	79,500	–	0.55%	–
RGA	New	Reinsurance Group America	$7,706,000	–	49,387	–	0.52%	–
MOS	New	Mosaic Company	$7,577,000	–	302,710	–	0.51%	–
DLB	New	Dolby Laboratories, Inc CL A	$6,957,000	–	107,700	–	0.47%	–
IFF	New	Intl Flavors & Fragrance	$6,947,000	–	47,878	–	0.47%	–
RCI	New	Rogers Communications	$6,941,000	–	129,685	–	0.47%	–
COP	New	Conocophillips	$6,495,000	–	106,474	–	0.44%	–
MUR	New	Murphy Oil Corp	$6,422,000	–	260,515	–	0.44%	–
GD	New	General Dynamics Corp	$6,400,000	–	35,200	–	0.43%	–
VAR	New	Varian Medical Systems	$6,035,000	–	44,335	–	0.41%	–
RTN	New	Raytheon Co	$5,904,000	–	33,952	–	0.40%	–
FB	New	Facebook Inc	$5,590,000	–	28,965	–	0.38%	–
APA	New	Apache Corp	$5,094,000	–	175,840	–	0.34%	–
JWA	New	Wiley John & Sons Cl A	$5,083,000	–	110,830	–	0.34%	–
MSM	New	MSC Industrial	$5,035,000	–	67,801	–	0.34%	–
RL	New	Ralph Lauren Corp	$3,805,000	–	33,501	–	0.26%	–
GIL	New	Gildan Activewear Inc0	$3,098,000	–	80,085	–	0.21%	–
STRL	New	Sterling Construction	$3,073,000	–	228,967	–	0.21%	–
	New	Ensco Rowan PLC	$3,015,000	–	353,418	–	0.20%	–
BLBD	New	Blue Bird Corp	$2,984,000	–	151,524	–	0.20%	–
VSEC	New	VSE Corp	$2,985,000	–	104,050	–	0.20%	–
HXL	New	Hexcel Corp	$2,844,000	–	35,168	–	0.19%	–
	New	Ashmore Group Ltd	$2,799,000	–	431,644	–	0.19%	–
	New	Homeserve PLC	$2,788,000	–	184,520	–	0.19%	–
SEB	New	Seaboard Corp	$2,685,000	–	649	–	0.18%	–
PLSDF	New	Pulse Seismic Inc	$2,645,000	–	1,564,068	–	0.18%	–
	New	Hilton Food Group PLC	$2,629,000	–	213,371	–	0.18%	–
	New	Howden Joinery	$2,532,000	–	392,405	–	0.17%	–
PATI	New	Patriot Transportation	$2,277,000	–	134,171	–	0.15%	–
NRC	New	National Research Corporation	$1,955,000	–	33,955	–	0.13%	–
CNRD	New	Conrad Industries	$1,807,000	–	133,538	–	0.12%	–
FLR	New	Fluor Corp New Del Com	$1,809,000	–	53,705	–	0.12%	–
JEF	New	Jefferies Financial Group Inc	$1,679,000	–	87,286	–	0.11%	–
FTDR	New	Frontdoor Inc	$667,000	–	15,310	–	0.04%	–
XOP	New	Spdr S P Oil Gas Explor	$541,000	–	19,862	–	0.04%	–
KO	New	Coca Cola Company	$516,000	–	10,139	–	0.04%	–
DTD	New	Wisdomtree Total Div Fundus total dividend	$332,000	–	3,413	–	0.02%	–
FLO	New	Flowers Foods, Inc	$323,000	–	13,882	–	0.02%	–
ABCB	New	Ameris Bancorp	$281,000	–	7,172	–	0.02%	–
OEF	New	IShares S&P 100s&p 100 etf	$236,000	–	1,822	–	0.02%	–
CVEO	New	Civeo Corp	$28,000	–	16,000	–	0.00%	–
	New	Mycelx Technologies Corp	$15,000	–	10,360	–	0.00%	–
PSWS	New	Puresafe Water Systems Inc	$1,000	–	14,000	–	0.00%	–

Q4 2018

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
	Exit	Mycelx Technologies Corp	$0	–	-10,360	–	-0.00%	–
CVEO	Exit	Civeo Corp	$0	–	-16,000	–	-0.01%	–
OEF	Exit	IShares S&P 100s&p 100 etf	$0	–	-1,822	–	-0.02%	–
FLO	Exit	Flowers Foods, Inc	$0	–	-13,882	–	-0.02%	–
DTD	Exit	Wisdomtree Total Div Fundus total dividend	$0	–	-3,453	–	-0.02%	–
ABCB	Exit	Ameris Bancorp	$0	–	-15,629	–	-0.05%	–
JEF	Exit	Jefferies Financial Group Inc	$0	–	-49,560	–	-0.08%	–
BLBD	Exit	Blue Bird Corp	$0	–	-67,105	–	-0.11%	–
	Exit	Hilton Food Group PLC	$0	–	-150,733	–	-0.13%	–
DIT	Exit	Amcon Distributing	$0	–	-22,922	–	-0.14%	–
VSEC	Exit	VSE Corp	$0	–	-63,764	–	-0.15%	–
	Exit	Homeserve PLC	$0	–	-163,904	–	-0.15%	–
	Exit	Howden Joinery	$0	–	-366,800	–	-0.15%	–
GIL	Exit	Gildan Activewear Inc	$0	–	-76,475	–	-0.16%	–
PATI	Exit	Patriot Transportation	$0	–	-120,561	–	-0.16%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-1,314,615	–	-0.16%	–
	Exit	Ashmore Group Ltd	$0	–	-530,812	–	-0.17%	–
	Exit	Echelon Financial Holdings Inc.	$0	–	-270,415	–	-0.18%	–
SEB	Exit	Seaboard Corp	$0	–	-690	–	-0.18%	–
CNRD	Exit	Conrad Industries	$0	–	-138,033	–	-0.18%	–
NRC	Exit	National Research Corporation	$0	–	-68,133	–	-0.18%	–
STRL	Exit	Sterling Construction	$0	–	-184,262	–	-0.18%	–
KHC	Exit	Kraft Heinz Company	$0	–	-73,342	–	-0.28%	–
RL	Exit	Ralph Lauren Corp	$0	–	-30,591	–	-0.29%	–
VAR	Exit	Varian Medical Systems	$0	–	-39,945	–	-0.31%	–
CERN	Exit	Cerner Corp	$0	–	-74,865	–	-0.33%	–
FB	Exit	Facebook Inc	$0	–	-30,965	–	-0.35%	–
RCI	Exit	Rogers Communications	$0	–	-104,195	–	-0.37%	–
MSM	Exit	MSC Industrial	$0	–	-64,035	–	-0.39%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-64,452	–	-0.42%	–
FE	Exit	First Energy Corp	$0	–	-168,100	–	-0.43%	–
MUSA	Exit	Murphy USA Inc	$0	–	-74,103	–	-0.44%	–
IFF	Exit	Intl Flavors & Fragrance	$0	–	-46,718	–	-0.45%	–
RGA	Exit	Reinsurance Group America	$0	–	-46,447	–	-0.46%	–
DLB	Exit	Dolby Laboratories, Inc CL A	$0	–	-96,755	–	-0.47%	–
HAS	Exit	Hasbro Inc	$0	–	-67,000	–	-0.48%	–
AXP	Exit	American Express	$0	–	-72,700	–	-0.53%	–
TSCO	Exit	Tractor Supply Co	$0	–	-89,080	–	-0.56%	–
COP	Exit	Conocophillips	$0	–	-104,819	–	-0.56%	–
APA	Exit	Apache Corp	$0	–	-172,210	–	-0.56%	–
LH	Exit	Lab Corp Of Amer	$0	–	-47,490	–	-0.57%	–
DOX	Exit	Amdocs Limited	$0	–	-125,843	–	-0.57%	–
TMK	Exit	Torchmark Corp	$0	–	-97,405	–	-0.58%	–
MUR	Exit	Murphy Oil Corp	$0	–	-252,890	–	-0.58%	–
FITB	Exit	Fifth Third Bancorp	$0	–	-314,270	–	-0.60%	–
AAP	Exit	Advance Auto Parts Inc	$0	–	-53,045	–	-0.62%	–
WM	Exit	Waste Management Inc New	$0	–	-99,900	–	-0.62%	–
JWA	Exit	Wiley John & Sons Cl A	$0	–	-149,945	–	-0.63%	–
MOS	Exit	Mosaic Company	$0	–	-295,840	–	-0.66%	–
K	Exit	Kellogg	$0	–	-142,400	–	-0.69%	–
ESV	Exit	Ensco PLC SHS CL A	$0	–	-1,190,620	–	-0.69%	–
PPL	Exit	PPL Corp	$0	–	-393,400	–	-0.79%	–
CLX	Exit	Clorox Co Del Com	$0	–	-78,920	–	-0.82%	–
MMM	Exit	3m Company	$0	–	-56,333	–	-0.82%	–
KO	Exit	Coca Cola Company	$0	–	-267,000	–	-0.85%	–
FAST	Exit	Fastenal Co	$0	–	-213,700	–	-0.85%	–
SO	Exit	Southern Company	$0	–	-287,120	–	-0.86%	–
TRV	Exit	Travelers Cos Inc	$0	–	-96,664	–	-0.86%	–
TTE	Exit	Total SAsponsored adr	$0	–	-201,535	–	-0.89%	–
ABB	Exit	ABB LTD	$0	–	-554,000	–	-0.90%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-164,000	–	-0.92%	–
DG	Exit	Dollar General Corp	$0	–	-125,545	–	-0.94%	–
APD	Exit	Air Products & Chemicals	$0	–	-86,700	–	-1.00%	–
GIS	Exit	General Mills Inc	$0	–	-338,000	–	-1.00%	–
JWN	Exit	Nordstrom Inc	$0	–	-243,300	–	-1.00%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-43,100	–	-1.03%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-138,400	–	-1.04%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-147,130	–	-1.15%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-152,800	–	-1.17%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-115,196	–	-1.21%	–
TGT	Exit	Target Corp Com	$0	–	-200,200	–	-1.22%	–
STI	Exit	SunTrust Bank	$0	–	-267,446	–	-1.23%	–
PG	Exit	Procter & Gamble Co	$0	–	-216,897	–	-1.24%	–
AEP	Exit	American Electric Power Co	$0	–	-259,400	–	-1.27%	–
DUK	Exit	Duke Energy Corp New	$0	–	-231,024	–	-1.27%	–
ETN	Exit	Eaton Corp	$0	–	-215,000	–	-1.28%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-303,209	–	-1.30%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-379,575	–	-1.30%	–
TXN	Exit	Texas Instruments Inc	$0	–	-178,591	–	-1.32%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-416,965	–	-1.32%	–
CB	Exit	CHUBB LTD	$0	–	-145,013	–	-1.34%	–
CVX	Exit	Chevron Corp	$0	–	-159,169	–	-1.34%	–
KR	Exit	Kroger Co	$0	–	-670,820	–	-1.34%	–
SNY	Exit	Sanofi-Aventissponsored adr	$0	–	-452,400	–	-1.39%	–
RY	Exit	Royal Bank of Canada	$0	–	-257,300	–	-1.42%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-187,103	–	-1.45%	–
CBRL	Exit	Cracker Barrel	$0	–	-146,300	–	-1.48%	–
USB	Exit	Us Bancorp (new)	$0	–	-408,200	–	-1.48%	–
BBT	Exit	BB&T Corporation	$0	–	-443,932	–	-1.48%	–
AAPL	Exit	Apple Computer	$0	–	-96,600	–	-1.50%	–
UPS	Exit	United Parcel Service	$0	–	-187,600	–	-1.51%	–
AFL	Exit	Aflac Inc	$0	–	-466,277	–	-1.51%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-422,206	–	-1.53%	–
GSK	Exit	Glaxosmithkline PLC	$0	–	-553,100	–	-1.53%	–
GPC	Exit	Genuine Parts Co	$0	–	-228,100	–	-1.56%	–
PAYX	Exit	Paychex Inc	$0	–	-309,465	–	-1.57%	–
VZ	Exit	Verizon Communications Com	$0	–	-427,910	–	-1.57%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-137,400	–	-1.58%	–
MRK	Exit	Merck & Company, Inc	$0	–	-330,300	–	-1.61%	–
T	Exit	AT&T Corp	$0	–	-698,038	–	-1.61%	–
IBM	Exit	Intl Business Machines Corp Ibm	$0	–	-155,600	–	-1.62%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-358,120	–	-1.68%	–
PEP	Exit	Pepsico Inc	$0	–	-222,075	–	-1.71%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-309,600	–	-1.75%	–
MDT	Exit	Medtronic Inc	$0	–	-272,690	–	-1.85%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-330,626	–	-1.94%	–
MSFT	Exit	Microsoft Corp	$0	–	-250,015	–	-1.97%	–
PFE	Exit	Pfizer Inc	$0	–	-761,374	–	-2.31%	–
INTC	Exit	Intel Corp	$0	–	-710,176	–	-2.31%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-731,298	–	-2.45%	–
JNJ	Exit	Johnson And Johnson	$0	–	-279,668	–	-2.66%	–

Q3 2018

			Value		Shares		↓ Weighting
JNJ	Buy	Johnson And Johnson	$38,642,000	+20.2%	279,668	+5.6%	2.66%	+12.6%
CSCO	Sell	Cisco Systems Inc	$35,578,000	+6.9%	731,298	-5.4%	2.45%	+0.1%
INTC	Buy	Intel Corp	$33,584,000	+8.4%	710,176	+14.0%	2.31%	+1.5%
PFE	Sell	Pfizer Inc	$33,554,000	+13.4%	761,374	-6.7%	2.31%	+6.2%
MSFT	Sell	Microsoft Corp	$28,594,000	-0.2%	250,015	-14.0%	1.97%	-6.5%
XOM	Sell	Exxon Mobil Corp	$28,110,000	-1.2%	330,626	-3.9%	1.94%	-7.5%
MDT	Buy	Medtronic Inc	$26,825,000	+63.6%	272,690	+42.4%	1.85%	+53.2%
OXY	Buy	Occidental Petroleum Corp	$25,440,000	+11.6%	309,600	+13.6%	1.75%	+4.5%
PEP	Buy	Pepsico Inc	$24,828,000	+43.8%	222,075	+40.1%	1.71%	+34.8%
RDSA	Sell	Royal Dutch Shell	$24,403,000	-1.8%	358,120	-0.2%	1.68%	-8.0%
IBM	Buy	Intl Business Machines Corp Ibm	$23,528,000	+20.4%	155,600	+11.2%	1.62%	+12.7%
MRK	Sell	Merck & Company, Inc	$23,431,000	+6.1%	330,300	-9.2%	1.61%	-0.6%
T	Buy	AT&T Corp	$23,440,000	+24.5%	698,038	+19.1%	1.61%	+16.6%
MCD	Buy	Mcdonalds Corp Com	$22,986,000	+19.0%	137,400	+11.4%	1.58%	+11.4%
VZ	Sell	Verizon Communications Com	$22,846,000	+5.0%	427,910	-1.1%	1.57%	-1.7%
PAYX	Sell	Paychex Inc	$22,792,000	-1.2%	309,465	-8.4%	1.57%	-7.5%
GPC	Buy	Genuine Parts Co	$22,673,000	+14.3%	228,100	+5.5%	1.56%	+7.0%
GSK	Sell	Glaxosmithkline PLC	$22,218,000	-7.5%	553,100	-7.2%	1.53%	-13.4%
WFC	Buy	Wells Fargo & Co New Del	$22,191,000	+10.4%	422,206	+16.5%	1.53%	+3.4%
AFL	Sell	Aflac Inc	$21,948,000	-7.7%	466,277	-15.6%	1.51%	-13.6%
UPS	Buy	United Parcel Service	$21,902,000	+14.4%	187,600	+4.1%	1.51%	+7.1%
AAPL	Buy	Apple Computer	$21,806,000	+65.2%	96,600	+35.5%	1.50%	+54.8%
USB	Buy	Us Bancorp (new)	$21,557,000	+11.8%	408,200	+5.9%	1.48%	+4.7%
BBT	Buy	BB&T Corporation	$21,548,000	+25.2%	443,932	+30.1%	1.48%	+17.2%
CBRL	Buy	Cracker Barrel	$21,525,000	+33.9%	146,300	+42.2%	1.48%	+25.4%
JPM	Buy	JP Morgan Chase & Co	$21,113,000	+9.8%	187,103	+1.4%	1.45%	+2.8%
RY	Buy	Royal Bank of Canada	$20,633,000	+12.7%	257,300	+5.8%	1.42%	+5.5%
SNY	Buy	Sanofi-Aventissponsored adr	$20,209,000	+16.5%	452,400	+4.4%	1.39%	+9.2%
KR	Buy	Kroger Co	$19,528,000	+53.7%	670,820	+50.2%	1.34%	+44.0%
CVX	Buy	Chevron Corp	$19,463,000	+0.8%	159,169	+4.2%	1.34%	-5.6%
CB	Buy	CHUBB LTD	$19,380,000	+19.6%	145,013	+13.7%	1.34%	+12.0%
BP	Buy	Bp Plc Spon Adr	$19,222,000	+39.4%	416,965	+38.1%	1.32%	+30.6%
TXN	Buy	Texas Instruments Inc	$19,161,000	+72.6%	178,591	+77.4%	1.32%	+61.6%
BHP	Buy	BHP Billiton Ltd	$18,918,000	+17.6%	379,575	+18.0%	1.30%	+10.1%
BMY	Buy	Bristol-Myers Squibb Co	$18,823,000	+102.0%	303,209	+80.0%	1.30%	+89.2%
ETN	Buy	Eaton Corp	$18,647,000	+28.9%	215,000	+11.1%	1.28%	+20.8%
DUK	Buy	Duke Energy Corp New	$18,487,000	+22.3%	231,024	+20.9%	1.27%	+14.6%
AEP	Buy	American Electric Power Co	$18,386,000	+8.9%	259,400	+6.4%	1.27%	+2.0%
PG	Sell	Procter & Gamble Co	$18,052,000	-0.1%	216,897	-6.3%	1.24%	-6.5%
STI	Buy	SunTrust Bank	$17,863,000	+23.7%	267,446	+22.3%	1.23%	+15.8%
TGT	Buy	Target Corp Com	$17,660,000	+27.1%	200,200	+9.6%	1.22%	+19.0%
CAT	Buy	Caterpillar Inc Del	$17,566,000	+28.7%	115,196	+14.5%	1.21%	+20.5%
DRI	Sell	Darden Restaurants Inc	$16,990,000	-16.8%	152,800	-19.9%	1.17%	-22.1%
KMB	Sell	Kimberly Clark Corp	$16,720,000	+2.3%	147,130	-5.2%	1.15%	-4.2%
TROW	Sell	Price T Rowe Group Inc	$15,111,000	-10.8%	138,400	-5.2%	1.04%	-16.5%
LMT	Sell	Lockheed Martin Corp	$14,911,000	+2.2%	43,100	-12.8%	1.03%	-4.3%
JWN	Sell	Nordstrom Inc	$14,552,000	+1.1%	243,300	-12.5%	1.00%	-5.3%
GIS	Buy	General Mills Inc	$14,507,000	+19.7%	338,000	+23.4%	1.00%	+12.1%
APD	Sell	Air Products & Chemicals	$14,483,000	-10.7%	86,700	-16.7%	1.00%	-16.4%
DG	Sell	Dollar General Corp	$13,722,000	+10.5%	125,545	-0.3%	0.94%	+3.5%
TTE	Buy	Total SAsponsored adr	$12,977,000	+18.2%	201,535	+11.2%	0.89%	+10.8%
SO	Buy	Southern Company	$12,518,000	+7.0%	287,120	+13.7%	0.86%	+0.2%
FAST	Sell	Fastenal Co	$12,399,000	+16.1%	213,700	-3.7%	0.85%	+8.8%
KO	Sell	Coca Cola Company	$12,333,000	-8.0%	267,000	-12.6%	0.85%	-13.8%
CLX	Buy	Clorox Co Del Com	$11,870,000	+27.2%	78,920	+14.3%	0.82%	+19.1%
MMM	Buy	3m Company	$11,870,000	+40.5%	56,333	+31.2%	0.82%	+31.6%
PPL	Sell	PPL Corp	$11,511,000	-2.8%	393,400	-5.2%	0.79%	-9.0%
ESV	Buy	Ensco PLC SHS CL A	$10,049,000	+18.2%	1,190,620	+1.6%	0.69%	+10.7%
K	Buy	Kellogg	$9,971,000	+15.5%	142,400	+15.2%	0.69%	+8.2%
MOS	Buy	Mosaic Company	$9,609,000	+16.8%	295,840	+0.8%	0.66%	+9.4%
JWA	Buy	Wiley John & Sons Cl A	$9,087,000	+7.3%	149,945	+10.5%	0.63%	+0.6%
AAP	Sell	Advance Auto Parts Inc	$8,929,000	+23.8%	53,045	-0.2%	0.62%	+16.0%
FITB	New	Fifth Third Bancorp	$8,774,000	–	314,270	–	0.60%	–
TMK	Sell	Torchmark Corp	$8,444,000	+5.7%	97,405	-0.7%	0.58%	-1.0%
MUR	Sell	Murphy Oil Corp	$8,431,000	-1.7%	252,890	-0.4%	0.58%	-7.8%
DOX	Sell	Amdocs Limited	$8,303,000	-0.4%	125,843	-0.1%	0.57%	-6.7%
LH	Buy	Lab Corp Of Amer	$8,248,000	-3.2%	47,490	+0.1%	0.57%	-9.3%
APA	Sell	Apache Corp	$8,209,000	+1.6%	172,210	-0.4%	0.56%	-4.9%
COP	Sell	Conocophillips	$8,113,000	+10.5%	104,819	-0.6%	0.56%	+3.5%
TSCO	Buy	Tractor Supply Co	$8,096,000	+26.2%	89,080	+6.2%	0.56%	+18.2%
AXP	Sell	American Express	$7,742,000	+8.2%	72,700	-0.4%	0.53%	+1.3%
HAS	Sell	Hasbro Inc	$7,043,000	-50.5%	67,000	-56.5%	0.48%	-53.6%
DLB	Sell	Dolby Laboratories, Inc CL A	$6,770,000	-28.4%	96,755	-36.9%	0.47%	-32.9%
RGA	Sell	Reinsurance Group America	$6,714,000	+7.4%	46,447	-0.9%	0.46%	+0.4%
IFF	Sell	Intl Flavors & Fragrance	$6,499,000	+11.8%	46,718	-0.3%	0.45%	+4.9%
MUSA	Sell	Murphy USA Inc	$6,333,000	+14.5%	74,103	-0.5%	0.44%	+7.1%
FE	Sell	First Energy Corp	$6,248,000	-48.2%	168,100	-50.0%	0.43%	-51.6%
WMT	New	Wal-Mart Stores Inc	$6,053,000	–	64,452	–	0.42%	–
MSM	Buy	MSC Industrial	$5,642,000	+4.3%	64,035	+0.4%	0.39%	-2.3%
RCI	Sell	Rogers Communications	$5,357,000	+8.0%	104,195	-0.3%	0.37%	+1.1%
FB	Buy	Facebook Inc	$5,093,000	+8.9%	30,965	+28.7%	0.35%	+2.0%
CERN	Buy	Cerner Corp	$4,822,000	+8.0%	74,865	+0.3%	0.33%	+1.2%
VAR	Sell	Varian Medical Systems	$4,471,000	-28.6%	39,945	-27.5%	0.31%	-33.2%
RL	Buy	Ralph Lauren Corp	$4,208,000	+9.5%	30,591	+0.0%	0.29%	+2.5%
KHC	Sell	Kraft Heinz Company	$4,042,000	-57.2%	73,342	-51.3%	0.28%	-60.0%
STRL	Sell	Sterling Construction	$2,639,000	+2.7%	184,262	-6.6%	0.18%	-3.7%
CNRD	Buy	Conrad Industries	$2,623,000	+15.6%	138,033	+5.6%	0.18%	+8.4%
NRC	Buy	National Research Corporation	$2,630,000	+8.1%	68,133	+4.8%	0.18%	+1.1%
SEB	Buy	Seaboard Corp	$2,560,000	+15.8%	690	+23.7%	0.18%	+8.0%
	Buy	Echelon Financial Holdings Inc.	$2,550,000	+10.4%	270,415	+6.3%	0.18%	+3.5%
	Buy	Ashmore Group Ltd	$2,520,000	+12.7%	530,812	+16.9%	0.17%	+6.1%
PLSDF	Buy	Pulse Seismic Inc	$2,349,000	+2.8%	1,314,615	+17.3%	0.16%	-3.6%
GIL	Buy	Gildan Activewear Inc	$2,327,000	+17.6%	76,475	+8.9%	0.16%	+10.3%
PATI	Buy	Patriot Transportation	$2,318,000	+51.5%	120,561	+65.5%	0.16%	+41.6%
	Buy	Howden Joinery	$2,243,000	+9.3%	366,800	+26.6%	0.15%	+2.0%
	Buy	Homeserve PLC	$2,191,000	+18.3%	163,904	+5.1%	0.15%	+11.0%
VSEC	Buy	VSE Corp	$2,113,000	-5.1%	63,764	+36.8%	0.15%	-11.0%
DIT	Buy	Amcon Distributing	$1,993,000	+9.8%	22,922	+11.1%	0.14%	+3.0%
	Sell	Hilton Food Group PLC	$1,895,000	-28.1%	150,733	-25.0%	0.13%	-33.0%
BLBD	Buy	Blue Bird Corp	$1,644,000	+13.6%	67,105	+3.6%	0.11%	+6.6%
JEF	Sell	Jefferies Financial Group Inc	$1,088,000	-31.5%	49,560	-29.1%	0.08%	-35.9%
ABCB	New	Ameris Bancorp	$714,000	–	15,629	–	0.05%	–
CVEO	Sell	Civeo Corp	$66,000	-9.6%	16,000	-5.0%	0.01%	0.0%
CYDY	Exit	Cytodyn Inc	$0	–	-45,475	–	-0.00%	–
HR	Exit	Healthcare Realty TR REIT	$0	–	-140,000	–	-0.30%	–
GE	Exit	General Electric	$0	–	-303,353	–	-0.30%	–
VOD	Exit	Vodafone Group	$0	–	-571,200	–	-1.02%	–
LLY	Exit	Eli Lilly & Co	$0	–	-226,011	–	-1.42%	–
CA	Exit	CA INC	$0	–	-607,600	–	-1.59%	–

Q2 2018

			Value		Shares		↓ Weighting
CSCO	New	Cisco Systems Inc	$33,277,000	–	773,348	–	2.45%	–
JNJ	New	Johnson And Johnson	$32,148,000	–	264,941	–	2.36%	–
INTC	New	Intel Corp	$30,973,000	–	623,066	–	2.28%	–
PFE	New	Pfizer Inc	$29,594,000	–	815,719	–	2.18%	–
MSFT	New	Microsoft Corp	$28,653,000	–	290,570	–	2.11%	–
XOM	New	Exxon Mobil Corp	$28,457,000	–	343,976	–	2.09%	–
RDSA	New	Royal Dutch Shell	$24,843,000	–	358,850	–	1.83%	–
GSK	New	Glaxosmithkline PLC	$24,025,000	–	596,000	–	1.77%	–
AFL	New	Aflac Inc	$23,769,000	–	552,507	–	1.75%	–
PAYX	New	Paychex Inc	$23,079,000	–	337,665	–	1.70%	–
OXY	New	Occidental Petroleum Corp	$22,805,000	–	272,525	–	1.68%	–
MRK	New	Merck & Company, Inc	$22,083,000	–	363,800	–	1.62%	–
VZ	New	Verizon Communications Com	$21,759,000	–	432,496	–	1.60%	–
CA	New	CA INC	$21,661,000	–	607,600	–	1.59%	–
DRI	New	Darden Restaurants Inc	$20,416,000	–	190,700	–	1.50%	–
WFC	New	Wells Fargo & Co New Del	$20,097,000	–	362,506	–	1.48%	–
GPC	New	Genuine Parts Co	$19,845,000	–	216,200	–	1.46%	–
IBM	New	Intl Business Machines Corp Ibm	$19,544,000	–	139,900	–	1.44%	–
MCD	New	Mcdonalds Corp Com	$19,320,000	–	123,300	–	1.42%	–
CVX	New	Chevron Corp	$19,315,000	–	152,769	–	1.42%	–
USB	New	Us Bancorp (new)	$19,278,000	–	385,400	–	1.42%	–
LLY	New	Eli Lilly & Co	$19,286,000	–	226,011	–	1.42%	–
JPM	New	JP Morgan Chase & Co	$19,236,000	–	184,603	–	1.41%	–
UPS	New	United Parcel Service	$19,143,000	–	180,200	–	1.41%	–
T	New	AT&T Corp	$18,821,000	–	586,129	–	1.38%	–
RY	New	Royal Bank of Canada	$18,313,000	–	243,200	–	1.35%	–
PG	New	Procter & Gamble Co	$18,072,000	–	231,520	–	1.33%	–
SNY	New	Sanofi-Aventissponsored adr	$17,340,000	–	433,400	–	1.28%	–
PEP	New	Pepsico Inc	$17,263,000	–	158,565	–	1.27%	–
BBT	New	BB&T Corporation	$17,217,000	–	341,332	–	1.27%	–
TROW	New	Price T Rowe Group Inc	$16,949,000	–	146,000	–	1.25%	–
AEP	New	American Electric Power Co	$16,876,000	–	243,700	–	1.24%	–
MDT	New	Medtronic Inc	$16,398,000	–	191,539	–	1.21%	–
KMB	New	Kimberly Clark Corp	$16,344,000	–	155,155	–	1.20%	–
APD	New	Air Products & Chemicals	$16,211,000	–	104,100	–	1.19%	–
CB	New	CHUBB LTD	$16,207,000	–	127,593	–	1.19%	–
BHP	New	BHP Billiton Ltd	$16,093,000	–	321,805	–	1.18%	–
CBRL	New	Cracker Barrel	$16,074,000	–	102,900	–	1.18%	–
DUK	New	Duke Energy Corp New	$15,113,000	–	191,121	–	1.11%	–
LMT	New	Lockheed Martin Corp	$14,594,000	–	49,400	–	1.07%	–
ETN	New	Eaton Corp	$14,462,000	–	193,500	–	1.06%	–
STI	New	SunTrust Bank	$14,442,000	–	218,746	–	1.06%	–
JWN	New	Nordstrom Inc	$14,390,000	–	277,900	–	1.06%	–
HAS	New	Hasbro Inc	$14,216,000	–	154,000	–	1.04%	–
TGT	New	Target Corp Com	$13,900,000	–	182,600	–	1.02%	–
VOD	New	Vodafone Group	$13,886,000	–	571,200	–	1.02%	–
BP	New	Bp Plc Spon Adr	$13,785,000	–	301,895	–	1.01%	–
CAT	New	Caterpillar Inc Del	$13,647,000	–	100,591	–	1.00%	–
KO	New	Coca Cola Company	$13,399,000	–	305,500	–	0.98%	–
PM	New	Philip Morris Intl Inc	$13,241,000	–	164,000	–	0.97%	–
AAPL	New	Apple Computer	$13,198,000	–	71,300	–	0.97%	–
KR	New	Kroger Co	$12,702,000	–	446,480	–	0.93%	–
DG	New	Dollar General Corp	$12,421,000	–	125,975	–	0.91%	–
GIS	New	General Mills Inc	$12,118,000	–	273,800	–	0.89%	–
FE	New	First Energy Corp	$12,073,000	–	336,200	–	0.89%	–
ABB	New	ABB LTD	$12,061,000	–	554,000	–	0.89%	–
PPL	New	PPL Corp	$11,845,000	–	414,900	–	0.87%	–
TRV	New	Travelers Cos Inc	$11,826,000	–	96,664	–	0.87%	–
SO	New	Southern Company	$11,699,000	–	252,620	–	0.86%	–
TXN	New	Texas Instruments Inc	$11,101,000	–	100,690	–	0.82%	–
TTE	New	Total SAsponsored adr	$10,976,000	–	181,235	–	0.81%	–
FAST	New	Fastenal Co	$10,680,000	–	221,900	–	0.78%	–
DLB	New	Dolby Laboratories, Inc CL A	$9,456,000	–	153,275	–	0.70%	–
KHC	New	Kraft Heinz Company	$9,453,000	–	150,482	–	0.70%	–
CLX	New	Clorox Co Del Com	$9,335,000	–	69,020	–	0.69%	–
BMY	New	Bristol-Myers Squibb Co	$9,320,000	–	168,407	–	0.68%	–
K	New	Kellogg	$8,636,000	–	123,600	–	0.64%	–
MUR	New	Murphy Oil Corp	$8,574,000	–	253,900	–	0.63%	–
LH	New	Lab Corp Of Amer	$8,519,000	–	47,450	–	0.63%	–
ESV	New	Ensco PLC SHS CL A	$8,504,000	–	1,171,385	–	0.62%	–
JWA	New	Wiley John & Sons Cl A	$8,465,000	–	135,650	–	0.62%	–
MMM	New	3m Company	$8,446,000	–	42,933	–	0.62%	–
DOX	New	Amdocs Limited	$8,339,000	–	125,988	–	0.61%	–
MOS	New	Mosaic Company	$8,230,000	–	293,415	–	0.60%	–
WM	New	Waste Management Inc New	$8,126,000	–	99,900	–	0.60%	–
APA	New	Apache Corp	$8,080,000	–	172,840	–	0.59%	–
TMK	New	Torchmark Corp	$7,989,000	–	98,135	–	0.59%	–
COP	New	Conocophillips	$7,342,000	–	105,459	–	0.54%	–
AAP	New	Advance Auto Parts Inc	$7,214,000	–	53,165	–	0.53%	–
AXP	New	American Express	$7,153,000	–	72,988	–	0.53%	–
TSCO	New	Tractor Supply Co	$6,417,000	–	83,890	–	0.47%	–
VAR	New	Varian Medical Systems	$6,264,000	–	55,080	–	0.46%	–
RGA	New	Reinsurance Group America	$6,254,000	–	46,852	–	0.46%	–
IFF	New	Intl Flavors & Fragrance	$5,811,000	–	46,878	–	0.43%	–
MUSA	New	Murphy Oil Corp USA	$5,531,000	–	74,453	–	0.41%	–
MSM	New	MSC Industrial	$5,411,000	–	63,775	–	0.40%	–
RCI	New	Rogers Communications	$4,959,000	–	104,495	–	0.36%	–
FB	New	Facebook Inc	$4,676,000	–	24,065	–	0.34%	–
CERN	New	Cerner Corp	$4,465,000	–	74,675	–	0.33%	–
GE	New	General Electric	$4,127,000	–	303,353	–	0.30%	–
HR	New	Healthcare Realty TR REIT	$4,071,000	–	140,000	–	0.30%	–
RL	New	Ralph Lauren Corp	$3,844,000	–	30,576	–	0.28%	–
	New	Hilton Food Group PLC	$2,636,000	–	200,897	–	0.19%	–
STRL	New	Sterling Construction	$2,570,000	–	197,239	–	0.19%	–
NRC	New	National Research Corporation	$2,432,000	–	65,029	–	0.18%	–
	New	Echelon Financial Holdings Inc.	$2,309,000	–	254,405	–	0.17%	–
PLSDF	New	Pulse Seismic Inc	$2,284,000	–	1,121,175	–	0.17%	–
CNRD	New	Conrad Industries	$2,269,000	–	130,772	–	0.17%	–
	New	Ashmore Group Ltd	$2,237,000	–	454,172	–	0.16%	–
VSEC	New	VSE Corp	$2,227,000	–	46,599	–	0.16%	–
SEB	New	Seaboard Corp	$2,211,000	–	558	–	0.16%	–
	New	Howden Joinery	$2,052,000	–	289,840	–	0.15%	–
GIL	New	Gildan Activewear Inc	$1,978,000	–	70,240	–	0.14%	–
	New	Homeserve PLC	$1,852,000	–	156,014	–	0.14%	–
DIT	New	Amcon Distributing	$1,815,000	–	20,629	–	0.13%	–
JEF	New	Jefferies Financial Group Inc	$1,589,000	–	69,865	–	0.12%	–
PATI	New	Patriot Transportation	$1,530,000	–	72,838	–	0.11%	–
BLBD	New	Blue Bird Corp	$1,447,000	–	64,745	–	0.11%	–
DTD	New	Wisdomtree Total Div Fundus total dividend	$315,000	–	3,453	–	0.02%	–
FLO	New	Flowers Foods, Inc	$289,000	–	13,882	–	0.02%	–
OEF	New	IShares S&P 100s&p 100 etf	$218,000	–	1,822	–	0.02%	–
CVEO	New	Civeo Corp	$73,000	–	16,850	–	0.01%	–
CYDY	New	Cytodyn Inc	$21,000	–	45,475	–	0.00%	–
	New	Mycelx Technologies Corp	$16,000	–	10,360	–	0.00%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–

Q4 2017

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
	Exit	Mycelx Technologies Corp	$0	–	-10,360	–	-0.00%	–
CVEO	Exit	Civeo Corp	$0	–	-17,050	–	-0.00%	–
OEF	Exit	IShares S&P 100	$0	–	-1,822	–	-0.02%	–
FLO	Exit	Flowers Foods, Inc	$0	–	-13,882	–	-0.02%	–
DTD	Exit	Wisdomtree Total Div Fund	$0	–	-3,638	–	-0.02%	–
SNY	Exit	Sanofi-Aventis	$0	–	-9,100	–	-0.03%	–
NRC	Exit	Natl Research Corp A	$0	–	-18,340	–	-0.05%	–
GIL	Exit	Gildan Activewear Inc	$0	–	-30,380	–	-0.07%	–
	Exit	Howden Joinery	$0	–	-174,730	–	-0.07%	–
CNRD	Exit	Conrad Industries	$0	–	-59,734	–	-0.08%	–
VSEC	Exit	VSE Corp	$0	–	-24,577	–	-0.10%	–
DIT	Exit	Amcon Distributing	$0	–	-18,143	–	-0.11%	–
NRCIB	Exit	Natl Research Corp B	$0	–	-29,617	–	-0.12%	–
	Exit	Echelon Financial Holdings Inc.	$0	–	-169,128	–	-0.13%	–
	Exit	Hilton Food Group PLC	$0	–	-194,075	–	-0.14%	–
	Exit	Ashmore Group Ltd	$0	–	-416,307	–	-0.14%	–
PATI	Exit	Patriot Transportation	$0	–	-99,556	–	-0.14%	–
LUK	Exit	Leucadia Natl Corp	$0	–	-82,590	–	-0.15%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-889,895	–	-0.16%	–
SEB	Exit	Seaboard Corp	$0	–	-482	–	-0.16%	–
	Exit	Homeserve PLC	$0	–	-196,446	–	-0.16%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-27,200	–	-0.18%	–
STRL	Exit	Sterling Construction	$0	–	-167,624	–	-0.18%	–
BLBD	Exit	Blue Bird Corp	$0	–	-123,667	–	-0.18%	–
XEL	Exit	Xcel Energy Inc	$0	–	-55,800	–	-0.19%	–
RL	Exit	Ralph Lauren Corp	$0	–	-29,956	–	-0.19%	–
ESV	Exit	Ensco PLC SHS CL A	$0	–	-605,709	–	-0.26%	–
AAP	Exit	Advance Auto Parts Inc	$0	–	-41,220	–	-0.30%	–
FB	Exit	Facebook Inc	$0	–	-24,065	–	-0.30%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-104,305	–	-0.30%	–
HR	Exit	Healthcare Realty TR REIT	$0	–	-140,000	–	-0.33%	–
KR	Exit	Kroger Co	$0	–	-236,420	–	-0.34%	–
LH	Exit	Lab Corp Of Amer	$0	–	-31,595	–	-0.34%	–
MSM	Exit	MSC Industrial	$0	–	-63,315	–	-0.34%	–
MUSA	Exit	Murphy Oil Corp USA	$0	–	-74,232	–	-0.37%	–
COP	Exit	Conocophillips	$0	–	-113,615	–	-0.41%	–
MUR	Exit	Murphy Oil Corp	$0	–	-220,820	–	-0.42%	–
APA	Exit	Apache Corp	$0	–	-136,340	–	-0.45%	–
ADP	Exit	Automatic Data Proc	$0	–	-57,600	–	-0.45%	–
MOS	Exit	Mosaic Company	$0	–	-301,385	–	-0.47%	–
JWN	Exit	Nordstrom Inc	$0	–	-142,100	–	-0.48%	–
KHC	Exit	Kraft Heinz Company	$0	–	-91,942	–	-0.51%	–
JWA	Exit	Wiley John & Sons Cl A	$0	–	-136,435	–	-0.53%	–
K	Exit	Kellogg	$0	–	-117,325	–	-0.53%	–
CLX	Exit	Clorox Co Del Com	$0	–	-56,720	–	-0.54%	–
MDT	Exit	Medtronic Inc	$0	–	-97,582	–	-0.55%	–
VAR	Exit	Varian Medical Systems	$0	–	-77,965	–	-0.56%	–
IFF	Exit	Intl Flavors & Fragrance	$0	–	-57,303	–	-0.59%	–
RCI	Exit	Rogers Communications	$0	–	-161,930	–	-0.60%	–
CPB	Exit	Campbell Soup Co	$0	–	-179,000	–	-0.60%	–
WM	Exit	Waste Management Inc New	$0	–	-107,195	–	-0.60%	–
TTE	Exit	Total SA	$0	–	-158,150	–	-0.61%	–
AXP	Exit	American Express	$0	–	-98,255	–	-0.64%	–
MMM	Exit	3m Company	$0	–	-42,405	–	-0.64%	–
RGA	Exit	Reinsurance Group America	$0	–	-68,167	–	-0.69%	–
SO	Exit	Southern Company	$0	–	-194,840	–	-0.69%	–
DOX	Exit	Amdocs Limited	$0	–	-155,791	–	-0.72%	–
DG	Exit	Dollar General Corp	$0	–	-125,585	–	-0.73%	–
TMK	Exit	Torchmark Corp	$0	–	-130,468	–	-0.75%	–
ABB	Exit	ABB LTD	$0	–	-434,000	–	-0.78%	–
SYY	Exit	Sysco Corporation	$0	–	-201,500	–	-0.78%	–
TRV	Exit	Travelers Cos Inc	$0	–	-88,700	–	-0.78%	–
TXN	Exit	Texas Instruments Inc	$0	–	-124,787	–	-0.81%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-178,313	–	-0.82%	–
FE	Exit	First Energy Corp	$0	–	-384,700	–	-0.86%	–
BA	Exit	Boeing Company	$0	–	-47,500	–	-0.87%	–
TGT	Exit	Target Corp Com	$0	–	-204,700	–	-0.87%	–
DLB	Exit	Dolby Laboratories, Inc CL A	$0	–	-210,815	–	-0.88%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-321,490	–	-0.89%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-136,700	–	-0.89%	–
FAST	Exit	Fastenal Co	$0	–	-278,000	–	-0.91%	–
VOD	Exit	Vodafone Group	$0	–	-448,500	–	-0.92%	–
PPL	Exit	PPL Corp	$0	–	-338,200	–	-0.93%	–
VLO	Exit	Valero Energy Corp	$0	–	-170,500	–	-0.95%	–
HAS	Exit	Hasbro Inc	$0	–	-134,400	–	-0.95%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-119,160	–	-0.95%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-170,850	–	-0.97%	–
GIS	Exit	General Mills Inc	$0	–	-263,700	–	-0.98%	–
AAPL	Exit	Apple Computer	$0	–	-94,100	–	-1.05%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-47,300	–	-1.06%	–
CBRL	Exit	Cracker Barrel	$0	–	-98,800	–	-1.08%	–
IBM	Exit	Intl Business Machines Corp Ibm	$0	–	-103,200	–	-1.08%	–
EMR	Exit	Emerson Elec Co	$0	–	-240,625	–	-1.09%	–
ETN	Exit	Eaton Corp	$0	–	-200,800	–	-1.11%	–
RY	Exit	Royal Bank of Canada	$0	–	-204,500	–	-1.14%	–
CA	Exit	CA INC	$0	–	-481,200	–	-1.16%	–
DUK	Exit	Duke Energy Corp New	$0	–	-191,583	–	-1.16%	–
USB	Exit	Us Bancorp (new)	$0	–	-303,500	–	-1.17%	–
AEP	Exit	American Electric Power Co	$0	–	-233,200	–	-1.18%	–
APD	Exit	Air Products & Chemicals	$0	–	-110,000	–	-1.20%	–
CB	Exit	CHUBB LTD	$0	–	-118,522	–	-1.22%	–
PEP	Exit	Pepsico Inc	$0	–	-154,800	–	-1.24%	–
VZ	Exit	Verizon Communications Com	$0	–	-348,810	–	-1.24%	–
CVX	Exit	Chevron Corp	$0	–	-148,675	–	-1.26%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-143,145	–	-1.29%	–
MXIM	Exit	Maxim Integrated Prods	$0	–	-374,200	–	-1.29%	–
T	Exit	AT&T Corp	$0	–	-465,196	–	-1.31%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-123,960	–	-1.40%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-249,922	–	-1.41%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-166,300	–	-1.41%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-209,425	–	-1.44%	–
KO	Exit	Coca Cola Company	$0	–	-447,200	–	-1.45%	–
GE	Exit	General Electric	$0	–	-851,453	–	-1.48%	–
GSK	Exit	Glaxosmithkline PLC	$0	–	-515,200	–	-1.51%	–
BBT	Exit	BB&T Corporation	$0	–	-446,832	–	-1.51%	–
UPS	Exit	United Parcel Service	$0	–	-176,700	–	-1.53%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-353,400	–	-1.54%	–
MRK	Exit	Merck & Company, Inc	$0	–	-336,700	–	-1.56%	–
PG	Exit	Procter & Gamble Co	$0	–	-239,197	–	-1.57%	–
AFL	Exit	Aflac Inc	$0	–	-272,951	–	-1.60%	–
GPC	Exit	Genuine Parts Co	$0	–	-232,800	–	-1.61%	–
LLY	Exit	Eli Lilly & Co	$0	–	-263,750	–	-1.63%	–
PAYX	Exit	Paychex Inc	$0	–	-381,325	–	-1.65%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-418,124	–	-1.66%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-385,100	–	-1.78%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-343,865	–	-2.03%	–
INTC	Exit	Intel Corp	$0	–	-821,884	–	-2.26%	–
PFE	Exit	Pfizer Inc	$0	–	-880,457	–	-2.27%	–
MSFT	Exit	Microsoft Corp	$0	–	-435,086	–	-2.34%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-965,172	–	-2.34%	–
JNJ	Exit	Johnson And Johnson	$0	–	-258,313	–	-2.42%	–

Q3 2017

			Value		Shares		↓ Weighting
JNJ	Buy	Johnson And Johnson	$33,583,000	-0.0%	258,313	+1.7%	2.42%	-4.6%
CSCO	Buy	Cisco Systems Inc	$32,459,000	+9.4%	965,172	+1.9%	2.34%	+4.4%
MSFT	Sell	Microsoft Corp	$32,410,000	+0.6%	435,086	-6.9%	2.34%	-4.0%
PFE	Buy	Pfizer Inc	$31,432,000	+8.1%	880,457	+1.7%	2.27%	+3.2%
INTC	Buy	Intel Corp	$31,297,000	+15.1%	821,884	+2.0%	2.26%	+9.8%
XOM	Buy	Exxon Mobil Corp	$28,190,000	+4.7%	343,865	+3.1%	2.03%	-0.1%
OXY	Buy	Occidental Petroleum Corp	$24,727,000	+9.6%	385,100	+2.2%	1.78%	+4.6%
WFC	Buy	Wells Fargo & Co New Del	$23,060,000	+11.4%	418,124	+11.9%	1.66%	+6.3%
PAYX	Buy	Paychex Inc	$22,864,000	+26.9%	381,325	+20.5%	1.65%	+21.1%
LLY	Buy	Eli Lilly & Co	$22,561,000	+6.7%	263,750	+2.6%	1.63%	+1.8%
GPC	Buy	Genuine Parts Co	$22,267,000	+14.1%	232,800	+10.6%	1.61%	+8.9%
AFL	Sell	Aflac Inc	$22,215,000	-16.8%	272,951	-20.6%	1.60%	-20.7%
PG	Buy	Procter & Gamble Co	$21,762,000	+7.3%	239,197	+2.7%	1.57%	+2.3%
MRK	Buy	Merck & Company, Inc	$21,559,000	+2.5%	336,700	+2.6%	1.56%	-2.2%
RDSA	Buy	Royal Dutch Shell	$21,409,000	+15.8%	353,400	+1.6%	1.54%	+10.4%
UPS	Buy	United Parcel Service	$21,220,000	+11.5%	176,700	+2.7%	1.53%	+6.3%
BBT	Buy	BB&T Corporation	$20,974,000	+6.4%	446,832	+2.9%	1.51%	+1.5%
GSK	Buy	Glaxosmithkline PLC	$20,917,000	-2.8%	515,200	+3.2%	1.51%	-7.3%
GE	Buy	General Electric	$20,588,000	+13.3%	851,453	+26.6%	1.48%	+8.1%
KO	Buy	Coca Cola Company	$20,128,000	+3.1%	447,200	+2.8%	1.45%	-1.6%
JPM	Buy	JP Morgan Chase & Co	$20,002,000	+7.8%	209,425	+3.2%	1.44%	+2.9%
KMB	Buy	Kimberly Clark Corp	$19,570,000	+5.0%	166,300	+15.2%	1.41%	+0.1%
WMT	Buy	Wal-Mart Stores Inc	$19,529,000	+5.7%	249,922	+2.4%	1.41%	+0.9%
MCD	Buy	Mcdonalds Corp Com	$19,422,000	+25.9%	123,960	+23.1%	1.40%	+20.2%
T	Buy	AT&T Corp	$18,222,000	+9.5%	465,196	+5.5%	1.31%	+4.5%
MXIM	Buy	Maxim Integrated Prods	$17,853,000	+25.2%	374,200	+17.8%	1.29%	+19.5%
CAT	Buy	Caterpillar Inc Del	$17,852,000	+17.6%	143,145	+1.3%	1.29%	+12.2%
CVX	Buy	Chevron Corp	$17,469,000	+15.8%	148,675	+2.8%	1.26%	+10.5%
VZ	Buy	Verizon Communications Com	$17,263,000	+17.7%	348,810	+6.2%	1.24%	+12.4%
PEP	Buy	Pepsico Inc	$17,249,000	-2.6%	154,800	+0.9%	1.24%	-7.1%
CB	Sell	CHUBB LTD	$16,895,000	-2.6%	118,522	-0.6%	1.22%	-7.0%
APD	Buy	Air Products & Chemicals	$16,634,000	+8.0%	110,000	+2.1%	1.20%	+3.0%
AEP	Buy	American Electric Power Co	$16,380,000	+4.3%	233,200	+3.1%	1.18%	-0.5%
USB	Buy	Us Bancorp (new)	$16,265,000	+5.7%	303,500	+2.4%	1.17%	+0.8%
DUK	Buy	Duke Energy Corp New	$16,078,000	+2.5%	191,583	+2.1%	1.16%	-2.1%
CA	Buy	CA INC	$16,062,000	-1.9%	481,200	+1.3%	1.16%	-6.4%
RY	Buy	Royal Bank of Canada	$15,818,000	+23.1%	204,500	+15.4%	1.14%	+17.5%
ETN	Sell	Eaton Corp	$15,419,000	-21.7%	200,800	-20.6%	1.11%	-25.3%
EMR	Buy	Emerson Elec Co	$15,121,000	+17.2%	240,625	+11.2%	1.09%	+11.9%
CBRL	Buy	Cracker Barrel	$14,980,000	-3.1%	98,800	+6.9%	1.08%	-7.5%
IBM	Buy	Intl Business Machines Corp Ibm	$14,972,000	-2.9%	103,200	+3.0%	1.08%	-7.3%
LMT	Buy	Lockheed Martin Corp	$14,677,000	+14.4%	47,300	+2.4%	1.06%	+9.2%
AAPL	Sell	Apple Computer	$14,503,000	-9.1%	94,100	-15.1%	1.05%	-13.3%
GIS	Buy	General Mills Inc	$13,649,000	-4.1%	263,700	+2.6%	0.98%	-8.6%
DRI	Buy	Darden Restaurants Inc	$13,460,000	-12.2%	170,850	+0.8%	0.97%	-16.2%
PM	Buy	Philip Morris Intl Inc	$13,228,000	-2.5%	119,160	+3.2%	0.95%	-6.9%
HAS	Sell	Hasbro Inc	$13,127,000	-14.4%	134,400	-2.3%	0.95%	-18.3%
VLO	Buy	Valero Energy Corp	$13,117,000	+17.3%	170,500	+2.8%	0.95%	+11.8%
PPL	Buy	PPL Corp	$12,835,000	+1.1%	338,200	+2.9%	0.93%	-3.5%
VOD	Buy	Vodafone Group	$12,764,000	+3.0%	448,500	+4.0%	0.92%	-1.6%
FAST	Buy	Fastenal Co	$12,671,000	+23.9%	278,000	+18.3%	0.91%	+18.2%
TROW	Sell	Price T Rowe Group Inc	$12,392,000	-1.8%	136,700	-19.6%	0.89%	-6.3%
BP	Buy	Bp Plc Spon Adr	$12,355,000	+12.7%	321,490	+1.6%	0.89%	+7.5%
DLB	Sell	Dolby Laboratories, Inc CL A	$12,126,000	+17.3%	210,815	-0.2%	0.88%	+11.9%
TGT	Buy	Target Corp Com	$12,079,000	+15.7%	204,700	+2.5%	0.87%	+10.4%
BA	Sell	Boeing Company	$12,075,000	-20.0%	47,500	-37.7%	0.87%	-23.7%
FE	Buy	First Energy Corp	$11,860,000	+8.9%	384,700	+3.0%	0.86%	+3.9%
BMY	Buy	Bristol-Myers Squibb Co	$11,366,000	+17.4%	178,313	+2.6%	0.82%	+12.0%
TXN	Buy	Texas Instruments Inc	$11,186,000	+20.3%	124,787	+3.2%	0.81%	+14.8%
TRV	Buy	Travelers Cos Inc	$10,868,000	+13.3%	88,700	+17.0%	0.78%	+8.1%
SYY	Buy	Sysco Corporation	$10,871,000	+10.3%	201,500	+2.9%	0.78%	+5.2%
ABB	Sell	ABB LTD	$10,742,000	-5.1%	434,000	-4.6%	0.78%	-9.5%
TMK	Sell	Torchmark Corp	$10,449,000	+3.9%	130,468	-0.8%	0.75%	-0.8%
DG	Sell	Dollar General Corp	$10,179,000	+12.3%	125,585	-0.1%	0.73%	+7.2%
DOX	Sell	Amdocs Limited	$10,020,000	-0.5%	155,791	-0.3%	0.72%	-5.0%
SO	Buy	Southern Company	$9,574,000	+13.8%	194,840	+10.9%	0.69%	+8.6%
RGA	Sell	Reinsurance Group America	$9,511,000	-3.9%	68,167	-11.5%	0.69%	-8.3%
MMM	Buy	3m Company	$8,901,000	+4.0%	42,405	+3.2%	0.64%	-0.8%
AXP	Sell	American Express	$8,888,000	+7.3%	98,255	-0.1%	0.64%	+2.4%
TTE	Buy	Total SA	$8,464,000	+11.9%	158,150	+3.7%	0.61%	+6.6%
CPB	Buy	Campbell Soup Co	$8,381,000	-7.7%	179,000	+2.8%	0.60%	-12.1%
RCI	Buy	Rogers Communications	$8,346,000	+9.2%	161,930	+0.0%	0.60%	+4.2%
IFF	Sell	Intl Flavors & Fragrance	$8,189,000	+5.3%	57,303	-0.5%	0.59%	+0.5%
VAR	Sell	Varian Medical Systems	$7,801,000	-3.4%	77,965	-0.4%	0.56%	-7.7%
MDT	Sell	Medtronic Inc	$7,589,000	-12.7%	97,582	-0.4%	0.55%	-16.7%
CLX	Buy	Clorox Co Del Com	$7,482,000	+1.3%	56,720	+2.3%	0.54%	-3.2%
K	Buy	Kellogg	$7,318,000	+44.7%	117,325	+61.1%	0.53%	+38.2%
JWA	Sell	Wiley John & Sons Cl A	$7,299,000	+1.2%	136,435	-0.3%	0.53%	-3.5%
KHC	Buy	Kraft Heinz Company	$7,130,000	-6.4%	91,942	+3.4%	0.51%	-10.8%
JWN	Sell	Nordstrom Inc	$6,700,000	-2.9%	142,100	-1.5%	0.48%	-7.5%
MOS	Buy	Mosaic Company	$6,507,000	+1.0%	301,385	+6.8%	0.47%	-3.7%
ADP	Sell	Automatic Data Proc	$6,297,000	-33.1%	57,600	-37.3%	0.45%	-36.2%
APA	Buy	Apache Corp	$6,244,000	+27.7%	136,340	+33.6%	0.45%	+21.6%
MUR	Sell	Murphy Oil Corp	$5,865,000	+3.4%	220,820	-0.2%	0.42%	-1.4%
COP	Sell	Conocophillips	$5,686,000	+13.7%	113,615	-0.1%	0.41%	+8.5%
MUSA	Sell	Murphy Oil Corp USA	$5,122,000	-7.2%	74,232	-0.4%	0.37%	-11.5%
MSM	Sell	MSC Industrial	$4,785,000	-12.2%	63,315	-0.1%	0.34%	-16.3%
LH	Sell	Lab Corp Of Amer	$4,770,000	-2.3%	31,595	-0.3%	0.34%	-6.8%
KR	Buy	Kroger Co	$4,743,000	-13.8%	236,420	+0.2%	0.34%	-17.8%
BHP	Sell	BHP Billiton Ltd	$4,227,000	+13.6%	104,305	-0.2%	0.30%	+8.5%
AAP	Buy	Advance Auto Parts Inc	$4,089,000	-14.7%	41,220	+0.2%	0.30%	-18.5%
ESV	Sell	Ensco PLC SHS CL A	$3,616,000	+15.4%	605,709	-0.2%	0.26%	+10.1%
RL	Sell	Ralph Lauren Corp	$2,645,000	+18.8%	29,956	-0.7%	0.19%	+13.7%
XEL	Buy	Xcel Energy Inc	$2,640,000	+4.4%	55,800	+1.3%	0.19%	-0.5%
BLBD	Buy	Blue Bird Corp	$2,548,000	+23.8%	123,667	+2.2%	0.18%	+17.9%
STRL	Buy	Sterling Construction	$2,553,000	+24.8%	167,624	+7.1%	0.18%	+18.7%
DGX	Sell	Quest Diagnostics, Inc.	$2,547,000	-18.2%	27,200	-2.9%	0.18%	-21.7%
	Buy	Homeserve PLC	$2,193,000	+58.3%	196,446	+35.5%	0.16%	+50.5%
SEB	Buy	Seaboard Corp	$2,171,000	+15.6%	482	+2.6%	0.16%	+10.6%
PLSDF	Sell	Pulse Seismic Inc	$2,149,000	+3.5%	889,895	-14.2%	0.16%	-1.3%
LUK	Buy	Leucadia Natl Corp	$2,085,000	-1.4%	82,590	+2.2%	0.15%	-6.2%
PATI	Buy	Patriot Transportation	$1,985,000	+14.3%	99,556	+2.4%	0.14%	+9.2%
	Buy	Ashmore Group Ltd	$1,895,000	+1.7%	416,307	+2.5%	0.14%	-2.8%
	Buy	Hilton Food Group PLC	$1,890,000	+4.3%	194,075	+2.7%	0.14%	-0.7%
	Buy	Echelon Financial Holdings Inc.	$1,811,000	+8.8%	169,128	+2.6%	0.13%	+4.0%
NRCIB	Buy	Natl Research Corp B	$1,601,000	+16.1%	29,617	+2.0%	0.12%	+10.6%
DIT	Buy	Amcon Distributing	$1,542,000	-17.8%	18,143	+0.6%	0.11%	-21.8%
VSEC	Sell	VSE Corp	$1,397,000	-36.7%	24,577	-49.9%	0.10%	-39.5%
CNRD	Sell	Conrad Industries	$1,099,000	+6.0%	59,734	-0.6%	0.08%	+1.3%
	New	Howden Joinery	$1,010,000	–	174,730	–	0.07%	–
GIL	New	Gildan Activewear Inc	$950,000	–	30,380	–	0.07%	–
NRC	Sell	Natl Research Corp A	$691,000	-0.6%	18,340	-29.0%	0.05%	-5.7%
SNY	New	Sanofi-Aventis	$453,000	–	9,100	–	0.03%	–
DTD	Sell	Wisdomtree Total Div Fund	$319,000	+0.9%	3,638	-2.2%	0.02%	-4.2%
OEF	New	IShares S&P 100	$203,000	–	1,822	–	0.02%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–
DE	Exit	Deere Co	$0	–	-14,300	–	-0.13%	–
PKX	Exit	Posco SPN ADR	$0	–	-47,515	–	-0.22%	–

Q2 2017

			Value		Shares		↓ Weighting
JNJ	New	Johnson And Johnson	$33,591,000	–	253,918	–	2.54%	–
MSFT	New	Microsoft Corp	$32,208,000	–	467,251	–	2.44%	–
CSCO	New	Cisco Systems Inc	$29,659,000	–	947,557	–	2.24%	–
PFE	New	Pfizer Inc	$29,067,000	–	865,342	–	2.20%	–
INTC	New	Intel Corp	$27,189,000	–	805,844	–	2.06%	–
XOM	New	Exxon Mobil Corp	$26,925,000	–	333,525	–	2.04%	–
AFL	New	Aflac Inc	$26,708,000	–	343,816	–	2.02%	–
OXY	New	Occidental Petroleum Corp	$22,557,000	–	376,760	–	1.70%	–
GSK	New	Glaxosmithkline PLC	$21,526,000	–	499,200	–	1.63%	–
LLY	New	Eli Lilly & Co	$21,147,000	–	256,950	–	1.60%	–
MRK	New	Merck & Company, Inc	$21,034,000	–	328,200	–	1.59%	–
WFC	New	Wells Fargo & Co New Del	$20,697,000	–	373,524	–	1.56%	–
PG	New	Procter & Gamble Co	$20,288,000	–	232,797	–	1.53%	–
BBT	New	BB&T Corporation	$19,709,000	–	434,032	–	1.49%	–
ETN	New	Eaton Corp	$19,691,000	–	253,000	–	1.49%	–
KO	New	Coca Cola Company	$19,519,000	–	435,200	–	1.48%	–
GPC	New	Genuine Parts Co	$19,517,000	–	210,400	–	1.48%	–
UPS	New	United Parcel Service	$19,033,000	–	172,100	–	1.44%	–
KMB	New	Kimberly Clark Corp	$18,643,000	–	144,400	–	1.41%	–
JPM	New	JP Morgan Chase & Co	$18,556,000	–	203,025	–	1.40%	–
RDSA	New	Royal Dutch Shell	$18,493,000	–	347,670	–	1.40%	–
WMT	New	Wal-Mart Stores Inc	$18,468,000	–	244,022	–	1.40%	–
GE	New	General Electric	$18,172,000	–	672,803	–	1.37%	–
PAYX	New	Paychex Inc	$18,012,000	–	316,325	–	1.36%	–
PEP	New	Pepsico Inc	$17,718,000	–	153,420	–	1.34%	–
CB	New	CHUBB LTD	$17,340,000	–	119,272	–	1.31%	–
T	New	AT&T Corp	$16,635,000	–	440,890	–	1.26%	–
CA	New	CA INC	$16,370,000	–	474,900	–	1.24%	–
AAPL	New	Apple Computer	$15,960,000	–	110,816	–	1.21%	–
AEP	New	American Electric Power Co	$15,707,000	–	226,100	–	1.19%	–
DUK	New	Duke Energy Corp New	$15,680,000	–	187,581	–	1.18%	–
CBRL	New	Cracker Barrel	$15,454,000	–	92,400	–	1.17%	–
MCD	New	Mcdonalds Corp Com	$15,423,000	–	100,698	–	1.17%	–
APD	New	Air Products & Chemicals	$15,408,000	–	107,700	–	1.16%	–
IBM	New	Intl Business Machines Corp Ibm	$15,413,000	–	100,200	–	1.16%	–
USB	New	Us Bancorp (new)	$15,394,000	–	296,500	–	1.16%	–
HAS	New	Hasbro Inc	$15,333,000	–	137,500	–	1.16%	–
DRI	New	Darden Restaurants Inc	$15,334,000	–	169,550	–	1.16%	–
CAT	New	Caterpillar Inc Del	$15,184,000	–	141,295	–	1.15%	–
BA	New	Boeing Company	$15,088,000	–	76,300	–	1.14%	–
CVX	New	Chevron Corp	$15,084,000	–	144,575	–	1.14%	–
VZ	New	Verizon Communications Com	$14,662,000	–	328,310	–	1.11%	–
MXIM	New	Maxim Integrated Prods	$14,265,000	–	317,700	–	1.08%	–
GIS	New	General Mills Inc	$14,232,000	–	256,900	–	1.08%	–
PM	New	Philip Morris Intl Inc	$13,561,000	–	115,460	–	1.02%	–
EMR	New	Emerson Elec Co	$12,897,000	–	216,325	–	0.98%	–
RY	New	Royal Bank of Canada	$12,851,000	–	177,200	–	0.97%	–
LMT	New	Lockheed Martin Corp	$12,826,000	–	46,200	–	0.97%	–
PPL	New	PPL Corp	$12,701,000	–	328,700	–	0.96%	–
TROW	New	Price T Rowe Group Inc	$12,623,000	–	170,100	–	0.95%	–
VOD	New	Vodafone Group	$12,388,000	–	431,200	–	0.94%	–
ABB	New	ABB LTD	$11,322,000	–	454,700	–	0.86%	–
VLO	New	Valero Energy Corp	$11,185,000	–	165,800	–	0.85%	–
BP	New	Bp Plc Spon Adr	$10,965,000	–	316,455	–	0.83%	–
FE	New	First Energy Corp	$10,891,000	–	373,500	–	0.82%	–
TGT	New	Target Corp Com	$10,442,000	–	199,700	–	0.79%	–
DLB	New	Dolby Laboratories, Inc CL A	$10,342,000	–	211,240	–	0.78%	–
FAST	New	Fastenal Co	$10,225,000	–	234,900	–	0.77%	–
DOX	New	Amdocs Limited	$10,069,000	–	156,206	–	0.76%	–
TMK	New	Torchmark Corp	$10,059,000	–	131,488	–	0.76%	–
RGA	New	Reinsurance Group America	$9,894,000	–	77,062	–	0.75%	–
SYY	New	Sysco Corporation	$9,855,000	–	195,800	–	0.74%	–
BMY	New	Bristol-Myers Squibb Co	$9,685,000	–	173,811	–	0.73%	–
TRV	New	Travelers Cos Inc	$9,591,000	–	75,800	–	0.72%	–
ADP	New	Automatic Data Proc	$9,416,000	–	91,900	–	0.71%	–
TXN	New	Texas Instruments Inc	$9,300,000	–	120,886	–	0.70%	–
CPB	New	Campbell Soup Co	$9,085,000	–	174,200	–	0.69%	–
DG	New	Dollar General Corp	$9,061,000	–	125,695	–	0.68%	–
MDT	New	Medtronic Inc	$8,694,000	–	97,961	–	0.66%	–
MMM	New	3m Company	$8,558,000	–	41,105	–	0.65%	–
SO	New	Southern Company	$8,410,000	–	175,640	–	0.64%	–
AXP	New	American Express	$8,287,000	–	98,375	–	0.63%	–
VAR	New	Varian Medical Systems	$8,075,000	–	78,255	–	0.61%	–
WM	New	Waste Management Inc New	$7,863,000	–	107,195	–	0.59%	–
IFF	New	Intl Flavors & Fragrance	$7,778,000	–	57,613	–	0.59%	–
RCI	New	Rogers Communications	$7,642,000	–	161,870	–	0.58%	–
KHC	New	Kraft Heinz Company	$7,617,000	–	88,942	–	0.58%	–
TTE	New	Total SA	$7,565,000	–	152,550	–	0.57%	–
CLX	New	Clorox Co Del Com	$7,384,000	–	55,420	–	0.56%	–
JWA	New	Wiley John & Sons Cl A	$7,216,000	–	136,795	–	0.54%	–
JWN	New	Nordstrom Inc	$6,902,000	–	144,300	–	0.52%	–
MOS	New	Mosaic Company	$6,440,000	–	282,070	–	0.49%	–
MUR	New	Murphy Oil Corp	$5,671,000	–	221,270	–	0.43%	–
MUSA	New	Murphy Oil Corp USA	$5,521,000	–	74,502	–	0.42%	–
KR	New	Kroger Co	$5,500,000	–	235,865	–	0.42%	–
MSM	New	MSC Industrial	$5,450,000	–	63,405	–	0.41%	–
K	New	Kellogg	$5,058,000	–	72,825	–	0.38%	–
COP	New	Conocophillips	$4,999,000	–	113,725	–	0.38%	–
APA	New	Apache Corp	$4,890,000	–	102,025	–	0.37%	–
LH	New	Lab Corp Of Amer	$4,884,000	–	31,685	–	0.37%	–
AAP	New	Advance Auto Parts Inc	$4,795,000	–	41,130	–	0.36%	–
HR	New	Healthcare Realty TR REIT	$4,781,000	–	140,000	–	0.36%	–
BHP	New	BHP Billiton Ltd	$3,721,000	–	104,555	–	0.28%	–
FB	New	Facebook Inc	$3,633,000	–	24,065	–	0.28%	–
ESV	New	Ensco PLC SHS CL A	$3,133,000	–	607,189	–	0.24%	–
DGX	New	Quest Diagnostics, Inc.	$3,112,000	–	28,000	–	0.24%	–
PKX	New	Posco SPN ADR	$2,974,000	–	47,515	–	0.22%	–
XEL	New	Xcel Energy Inc	$2,528,000	–	55,100	–	0.19%	–
RL	New	Ralph Lauren Corp	$2,227,000	–	30,176	–	0.17%	–
VSEC	New	VSE Corp	$2,208,000	–	49,088	–	0.17%	–
LUK	New	Leucadia Natl Corp	$2,114,000	–	80,810	–	0.16%	–
PLSDF	New	Pulse Seismic Inc	$2,077,000	–	1,037,455	–	0.16%	–
BLBD	New	Blue Bird Corp	$2,058,000	–	121,052	–	0.16%	–
STRL	New	Sterling Construction	$2,046,000	–	156,506	–	0.16%	–
SEB	New	Seaboard Corp	$1,878,000	–	470	–	0.14%	–
DIT	New	Amcon Distributing	$1,877,000	–	18,033	–	0.14%	–
	New	Ashmore Group Ltd	$1,864,000	–	406,242	–	0.14%	–
	New	Hilton Food Group PLC	$1,812,000	–	189,035	–	0.14%	–
DE	New	Deere Co	$1,767,000	–	14,300	–	0.13%	–
PATI	New	Patriot Transportation	$1,737,000	–	97,191	–	0.13%	–
	New	Echelon Financial Holdings Inc.	$1,665,000	–	164,815	–	0.13%	–
	New	Homeserve PLC	$1,385,000	–	144,976	–	0.10%	–
NRCIB	New	Natl Research Corp B	$1,379,000	–	29,042	–	0.10%	–
CNRD	New	Conrad Industries	$1,037,000	–	60,119	–	0.08%	–
NRC	New	Natl Research Corp A	$695,000	–	25,820	–	0.05%	–
DTD	New	Wisdomtree Total Div Fund	$316,000	–	3,718	–	0.02%	–
FLO	New	Flowers Foods, Inc	$240,000	–	13,882	–	0.02%	–
CVEO	New	Civeo Corp	$36,000	–	17,050	–	0.00%	–
	New	Mycelx Technologies Corp	$13,000	–	10,360	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
CVEO	Exit	Civeo Corp	$0	–	-13,950	–	-0.00%	–
FLO	Exit	Flowers Foods Inc Com	$0	–	-13,882	–	-0.02%	–
DTD	Exit	Wisdom Tree Dividend Fund	$0	–	-4,241	–	-0.03%	–
SEB	Exit	Seaboard Corp	$0	–	-171	–	-0.05%	–
	Exit	HomeServe	$0	–	-79,539	–	-0.05%	–
	Exit	Ashmore Group PLC	$0	–	-135,440	–	-0.05%	–
NRC	Exit	National Research Corp Class A	$0	–	-40,870	–	-0.05%	–
NRCIB	Exit	National Research Corp Class B	$0	–	-27,754	–	-0.08%	–
PATI	Exit	Patriot Transportation	$0	–	-65,078	–	-0.11%	–
	Exit	Creston PLC	$0	–	-1,074,210	–	-0.11%	–
NICK	Exit	Nicholas Financial Inc	$0	–	-140,725	–	-0.12%	–
DIT	Exit	Amcon Distributing Co	$0	–	-15,902	–	-0.12%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-801,025	–	-0.12%	–
SPAN	Exit	Span-America Medical Systems Inc.	$0	–	-85,387	–	-0.13%	–
CNRD	Exit	Conrad Industries Inc	$0	–	-65,286	–	-0.13%	–
	Exit	Echelon Financial Holdings Inc	$0	–	-172,010	–	-0.14%	–
VSEC	Exit	VSE Corp	$0	–	-50,606	–	-0.14%	–
LUK	Exit	Leucadia National Corp	$0	–	-93,925	–	-0.14%	–
BLBD	Exit	Blue Bird Corporation	$0	–	-130,345	–	-0.15%	–
STRL	Exit	Sterling Construction Co Inc	$0	–	-257,654	–	-0.16%	–
XEL	Exit	Xcel Energy Inc	$0	–	-54,100	–	-0.18%	–
TRV	Exit	Travelers Cos Inc	$0	–	-20,300	–	-0.19%	–
PKX	Exit	Posco	$0	–	-46,145	–	-0.19%	–
WM	Exit	Waste Management Inc New	$0	–	-37,395	–	-0.19%	–
RL	Exit	Ralph Lauren Corp	$0	–	-30,111	–	-0.24%	–
FB	Exit	Facebook Inc	$0	–	-24,078	–	-0.25%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-100,800	–	-0.28%	–
COP	Exit	Conocophillips	$0	–	-90,990	–	-0.32%	–
AXP	Exit	American Express	$0	–	-64,170	–	-0.33%	–
LH	Exit	Laboratory Corp of America	$0	–	-30,210	–	-0.33%	–
MMM	Exit	3m Company	$0	–	-23,605	–	-0.33%	–
ESV	Exit	Ensco PLC SHS CL A	$0	–	-496,113	–	-0.34%	–
SYY	Exit	Sysco Corporation	$0	–	-90,100	–	-0.35%	–
KR	Exit	Kroger Co	$0	–	-152,230	–	-0.36%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-19,100	–	-0.37%	–
HRS	Exit	Harris Corporation	$0	–	-52,300	–	-0.38%	–
APD	Exit	Air Products & Chemicals	$0	–	-33,300	–	-0.40%	–
FAST	Exit	Fastenal Co	$0	–	-120,100	–	-0.40%	–
KHC	Exit	Kraft Heinz Company	$0	–	-57,542	–	-0.41%	–
MUSA	Exit	Murphy USA Inc	$0	–	-72,035	–	-0.41%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-55,715	–	-0.43%	–
MAT	Exit	Mattel, Inc.	$0	–	-180,800	–	-0.44%	–
DE	Exit	Deere Co	$0	–	-66,050	–	-0.45%	–
ABB	Exit	ABB LTD	$0	–	-267,100	–	-0.48%	–
AAP	Exit	Advance Auto Parts	$0	–	-42,780	–	-0.51%	–
APA	Exit	Apache Corp	$0	–	-103,803	–	-0.53%	–
MSM	Exit	MSC Industrial Direct Co	$0	–	-90,815	–	-0.53%	–
DG	Exit	Dollar General Corp	$0	–	-96,209	–	-0.54%	–
JWA	Exit	John Wiley & Sons Inc Class A	$0	–	-132,705	–	-0.55%	–
RCI	Exit	Rogers Communications	$0	–	-161,650	–	-0.55%	–
TTE	Exit	Total SA	$0	–	-144,450	–	-0.55%	–
BA	Exit	Boeing Company	$0	–	-53,400	–	-0.56%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-132,329	–	-0.57%	–
K	Exit	Kellogg	$0	–	-93,425	–	-0.58%	–
MET	Exit	Metlife Inc	$0	–	-166,200	–	-0.59%	–
VAR	Exit	Varian Medical Sys Inc	$0	–	-74,930	–	-0.60%	–
NUE	Exit	Nucor Corporation	$0	–	-152,600	–	-0.60%	–
IFF	Exit	International Flavors & Fragrances	$0	–	-55,338	–	-0.63%	–
RGA	Exit	Reinsurance Group of America	$0	–	-75,735	–	-0.66%	–
MDT	Exit	Medtronic PLC SHS	$0	–	-94,894	–	-0.66%	–
CB	Exit	CHUBB LTD	$0	–	-69,085	–	-0.70%	–
DOX	Exit	Amdocs Ltd	$0	–	-151,310	–	-0.70%	–
TMK	Exit	Torchmark Corp	$0	–	-143,460	–	-0.73%	–
ADP	Exit	Automatic Data Proc	$0	–	-107,700	–	-0.76%	–
QCOM	Exit	Qualcom Inc	$0	–	-140,000	–	-0.77%	–
AFL	Exit	Aflac Inc	$0	–	-144,647	–	-0.83%	–
TXN	Exit	Texas Instruments Inc	$0	–	-148,482	–	-0.83%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-84,800	–	-0.86%	–
JWN	Exit	Nordstrom Inc	$0	–	-208,300	–	-0.86%	–
GIS	Exit	General Mills Inc	$0	–	-169,700	–	-0.87%	–
RY	Exit	Royal Bank of Canada	$0	–	-175,500	–	-0.87%	–
FE	Exit	First Energy Corp	$0	–	-335,800	–	-0.89%	–
DLB	Exit	Dolby Laboratories Inc CL A	$0	–	-204,565	–	-0.89%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-156,722	–	-0.90%	–
DUK	Exit	Duke Energy Corp New	$0	–	-142,105	–	-0.91%	–
HAS	Exit	Hasbro Inc	$0	–	-145,300	–	-0.92%	–
MOS	Exit	Mosaic Company	$0	–	-481,460	–	-0.94%	–
VOD	Exit	Vodafone Group	$0	–	-409,600	–	-0.96%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-179,900	–	-0.96%	–
CBRL	Exit	Cracker Barrel	$0	–	-90,600	–	-0.96%	–
EMR	Exit	Emerson Elec Co	$0	–	-222,300	–	-0.97%	–
PPL	Exit	PPL Corp	$0	–	-350,400	–	-0.97%	–
MUR	Exit	Murphy Oil Corp	$0	–	-408,945	–	-1.00%	–
FITB	Exit	Fifth Third Bancorp	$0	–	-622,070	–	-1.02%	–
ETN	Exit	Eaton Corp	$0	–	-197,700	–	-1.04%	–
AEP	Exit	American Electric Power Co	$0	–	-210,750	–	-1.08%	–
SNY	Exit	Sanofi-Aventis	$0	–	-374,100	–	-1.14%	–
SO	Exit	Southern Company	$0	–	-282,490	–	-1.16%	–
PEP	Exit	Pepsico Inc	$0	–	-134,570	–	-1.17%	–
GE	Exit	General Electric	$0	–	-498,404	–	-1.18%	–
UPS	Exit	United Parcel Service	$0	–	-136,000	–	-1.19%	–
KO	Exit	Coca Cola Company	$0	–	-356,760	–	-1.21%	–
CA	Exit	CA INC	$0	–	-463,200	–	-1.23%	–
CVX	Exit	Chevron Corp	$0	–	-151,075	–	-1.24%	–
VZ	Exit	Verizon Communications Com	$0	–	-306,610	–	-1.28%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-168,060	–	-1.31%	–
PAYX	Exit	Paychex Inc	$0	–	-293,950	–	-1.36%	–
AAPL	Exit	Apple Computer	$0	–	-150,835	–	-1.36%	–
MXIM	Exit	Maxim Integrated Prods	$0	–	-427,500	–	-1.37%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-258,825	–	-1.38%	–
USB	Exit	Us Bancorp (new)	$0	–	-402,750	–	-1.38%	–
IBM	Exit	Intl Business Machines Corp Ibm	$0	–	-111,275	–	-1.42%	–
PG	Exit	Procter & Gamble Co	$0	–	-199,750	–	-1.44%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-516,595	–	-1.45%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-410,624	–	-1.46%	–
GSK	Exit	Glaxosmithkline PLC	$0	–	-421,900	–	-1.46%	–
BBT	Exit	BB&T Corporation	$0	–	-482,917	–	-1.46%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-298,550	–	-1.47%	–
GPC	Exit	Genuine Parts Co	$0	–	-183,700	–	-1.48%	–
TGT	Exit	Target Corp Com	$0	–	-272,500	–	-1.50%	–
T	Exit	AT&T Corp	$0	–	-461,403	–	-1.50%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-162,598	–	-1.50%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-385,130	–	-1.54%	–
LLY	Exit	Eli Lilly & Co	$0	–	-243,000	–	-1.56%	–
MRK	Exit	Merck & Company, Inc	$0	–	-313,800	–	-1.57%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-223,875	–	-1.59%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-312,070	–	-1.82%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-717,432	–	-1.82%	–
KSS	Exit	Kohls Corp	$0	–	-540,535	–	-1.89%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-276,455	–	-1.93%	–
PFE	Exit	Pfizer Inc	$0	–	-749,453	–	-2.03%	–
JNJ	Exit	Johnson And Johnson	$0	–	-235,408	–	-2.23%	–
INTC	Exit	Intel Corp	$0	–	-751,259	–	-2.27%	–
MSFT	Exit	Microsoft Corp	$0	–	-501,283	–	-2.31%	–

Q3 2016

			Value		Shares		↓ Weighting
MSFT	Sell	Microsoft Corp	$28,874,000	+7.5%	501,283	-4.5%	2.31%	+1.0%
INTC	Sell	Intel Corp	$28,360,000	+9.8%	751,259	-4.6%	2.27%	+3.3%
JNJ	Sell	Johnson And Johnson	$27,809,000	-3.8%	235,408	-1.2%	2.23%	-9.6%
PFE	Buy	Pfizer Inc	$25,384,000	+0.6%	749,453	+4.6%	2.03%	-5.4%
XOM	Buy	Exxon Mobil Corp	$24,129,000	+4.4%	276,455	+12.1%	1.93%	-1.9%
KSS	Sell	Kohls Corp	$23,648,000	+7.0%	540,535	-7.3%	1.89%	+0.5%
CSCO	Sell	Cisco Systems Inc	$22,757,000	-22.3%	717,432	-29.7%	1.82%	-26.9%
OXY	Buy	Occidental Petroleum Corp	$22,756,000	+17.2%	312,070	+21.4%	1.82%	+10.2%
CAT	Buy	Caterpillar Inc Del	$19,873,000	+23.5%	223,875	+5.5%	1.59%	+16.0%
MRK	Sell	Merck & Company, Inc	$19,584,000	-2.0%	313,800	-9.6%	1.57%	-7.9%
LLY	Sell	Eli Lilly & Co	$19,503,000	-1.6%	243,000	-3.5%	1.56%	-7.5%
RDSA	Buy	Royal Dutch Shell	$19,283,000	+17.0%	385,130	+29.1%	1.54%	+10.0%
MCD	Buy	Mcdonalds Corp Com	$18,757,000	+25.8%	162,598	+31.2%	1.50%	+18.3%
T	Sell	AT&T Corp	$18,738,000	-13.7%	461,403	-8.2%	1.50%	-18.9%
TGT	Buy	Target Corp Com	$18,715,000	+1.3%	272,500	+2.9%	1.50%	-4.8%
GPC	Buy	Genuine Parts Co	$18,453,000	+10.7%	183,700	+11.5%	1.48%	+3.9%
DRI	Buy	Darden Restaurants Inc	$18,307,000	+3.9%	298,550	+7.4%	1.47%	-2.3%
BBT	Sell	BB&T Corporation	$18,216,000	-18.3%	482,917	-22.9%	1.46%	-23.3%
GSK	Buy	Glaxosmithkline PLC	$18,197,000	+2.8%	421,900	+3.3%	1.46%	-3.4%
WFC	Buy	Wells Fargo & Co New Del	$18,182,000	+11.8%	410,624	+19.5%	1.46%	+5.1%
BP	Buy	Bp Plc Spon Adr	$18,163,000	+22.1%	516,595	+23.4%	1.45%	+14.8%
PG	Buy	Procter & Gamble Co	$17,928,000	+27.6%	199,750	+20.4%	1.44%	+19.9%
IBM	Buy	Intl Business Machines Corp Ibm	$17,676,000	+18.2%	111,275	+13.0%	1.42%	+11.1%
USB	Sell	Us Bancorp (new)	$17,274,000	+0.0%	402,750	-5.9%	1.38%	-6.0%
JPM	Sell	JP Morgan Chase & Co	$17,235,000	+4.1%	258,825	-2.9%	1.38%	-2.1%
MXIM	Buy	Maxim Integrated Prods	$17,070,000	+96.1%	427,500	+75.3%	1.37%	+84.2%
AAPL	Buy	Apple Computer	$17,052,000	+55.6%	150,835	+31.6%	1.36%	+46.3%
PAYX	Buy	Paychex Inc	$17,011,000	-0.5%	293,950	+2.3%	1.36%	-6.5%
PM	Buy	Philip Morris Intl Inc	$16,339,000	+4.1%	168,060	+8.9%	1.31%	-2.2%
VZ	Buy	Verizon Communications Com	$15,938,000	+11.9%	306,610	+20.2%	1.28%	+5.2%
CVX	Buy	Chevron Corp	$15,549,000	+34.8%	151,075	+37.2%	1.24%	+26.7%
CA	Buy	CA INC	$15,323,000	+9.9%	463,200	+9.0%	1.23%	+3.3%
KO	Buy	Coca Cola Company	$15,098,000	+10.4%	356,760	+18.3%	1.21%	+3.8%
UPS	Buy	United Parcel Service	$14,873,000	+8.1%	136,000	+6.5%	1.19%	+1.6%
GE	Buy	General Electric	$14,763,000	-3.1%	498,404	+3.0%	1.18%	-8.9%
PEP	Sell	Pepsico Inc	$14,637,000	-8.0%	134,570	-10.4%	1.17%	-13.6%
SO	Buy	Southern Company	$14,492,000	+0.7%	282,490	+5.2%	1.16%	-5.4%
SNY	New	Sanofi-Aventis	$14,287,000	–	374,100	–	1.14%	–
AEP	Buy	American Electric Power Co	$13,532,000	-4.0%	210,750	+4.8%	1.08%	-9.8%
ETN	Sell	Eaton Corp	$12,991,000	+6.4%	197,700	-3.3%	1.04%	-0.1%
FITB	Buy	Fifth Third Bancorp	$12,728,000	+52.7%	622,070	+31.3%	1.02%	+43.5%
MUR	Buy	Murphy Oil Corp	$12,432,000	+47.0%	408,945	+53.5%	1.00%	+38.2%
EMR	Buy	Emerson Elec Co	$12,118,000	+16.0%	222,300	+11.0%	0.97%	+9.0%
PPL	Buy	PPL Corp	$12,113,000	+38.2%	350,400	+50.9%	0.97%	+29.9%
CBRL	Buy	Cracker Barrel	$11,979,000	+25.9%	90,600	+63.2%	0.96%	+18.2%
TROW	Buy	Price T Rowe Group Inc	$11,963,000	+28.2%	179,900	+40.7%	0.96%	+20.5%
VOD	Buy	Vodafone Group	$11,940,000	+37.7%	409,600	+45.9%	0.96%	+29.4%
MOS	Buy	Mosaic Company	$11,777,000	+56.7%	481,460	+67.7%	0.94%	+47.3%
HAS	Sell	Hasbro Inc	$11,527,000	-7.6%	145,300	-2.2%	0.92%	-13.2%
DUK	Buy	Duke Energy Corp New	$11,374,000	+17.1%	142,105	+25.5%	0.91%	+10.2%
WMT	Sell	Wal-Mart Stores Inc	$11,303,000	-15.2%	156,722	-14.1%	0.90%	-20.3%
DLB	Sell	Dolby Laboratories Inc CL A	$11,106,000	+12.9%	204,565	-0.5%	0.89%	+6.1%
FE	Buy	First Energy Corp	$11,108,000	+9.3%	335,800	+15.4%	0.89%	+2.8%
RY	Buy	Royal Bank of Canada	$10,874,000	+22.1%	175,500	+16.5%	0.87%	+14.8%
GIS	Buy	General Mills Inc	$10,840,000	+8.1%	169,700	+20.7%	0.87%	+1.6%
JWN	Buy	Nordstrom Inc	$10,807,000	+43.2%	208,300	+5.0%	0.86%	+34.5%
KMB	Buy	Kimberly Clark Corp	$10,697,000	+16.1%	84,800	+26.6%	0.86%	+9.0%
TXN	Sell	Texas Instruments Inc	$10,420,000	+4.2%	148,482	-7.0%	0.83%	-2.1%
AFL	Sell	Aflac Inc	$10,396,000	-47.0%	144,647	-46.8%	0.83%	-50.2%
QCOM	Buy	Qualcom Inc	$9,590,000	+85.5%	140,000	+45.1%	0.77%	+74.5%
ADP	Buy	Automatic Data Proc	$9,499,000	-0.9%	107,700	+3.3%	0.76%	-6.7%
TMK	Buy	Torchmark Corp	$9,166,000	+4.5%	143,460	+1.2%	0.73%	-1.7%
DOX	Buy	Amdocs Ltd	$8,753,000	+1.6%	151,310	+1.3%	0.70%	-4.5%
CB	Sell	CHUBB LTD	$8,681,000	-11.2%	69,085	-7.6%	0.70%	-16.6%
MDT	Buy	Medtronic PLC SHS	$8,199,000	+0.8%	94,894	+1.2%	0.66%	-5.3%
RGA	Sell	Reinsurance Group of America	$8,175,000	+11.0%	75,735	-0.2%	0.66%	+4.5%
IFF	Sell	International Flavors & Fragrances	$7,912,000	-4.5%	55,338	-15.8%	0.63%	-10.3%
NUE	Sell	Nucor Corporation	$7,546,000	-21.8%	152,600	-21.9%	0.60%	-26.5%
VAR	Sell	Varian Medical Sys Inc	$7,458,000	+20.2%	74,930	-0.7%	0.60%	+12.9%
MET	Buy	Metlife Inc	$7,384,000	+97.6%	166,200	+77.2%	0.59%	+85.8%
K	Buy	Kellogg	$7,238,000	+54.6%	93,425	+63.0%	0.58%	+45.1%
BMY	New	Bristol-Myers Squibb Co	$7,135,000	–	132,329	–	0.57%	–
BA	Buy	Boeing Company	$7,035,000	+17.5%	53,400	+15.8%	0.56%	+10.4%
TTE	Buy	Total SA	$6,890,000	+4.7%	144,450	+5.6%	0.55%	-1.4%
RCI	Sell	Rogers Communications	$6,857,000	+4.3%	161,650	-0.7%	0.55%	-2.0%
JWA	Sell	John Wiley & Sons Inc Class A	$6,849,000	-2.1%	132,705	-1.0%	0.55%	-8.1%
DG	Sell	Dollar General Corp	$6,734,000	-26.7%	96,209	-1.6%	0.54%	-31.2%
MSM	Buy	MSC Industrial Direct Co	$6,667,000	+5.3%	90,815	+1.2%	0.53%	-0.9%
APA	Buy	Apache Corp	$6,630,000	+17.9%	103,803	+2.8%	0.53%	+10.9%
AAP	Sell	Advance Auto Parts	$6,379,000	-8.3%	42,780	-0.6%	0.51%	-13.7%
ABB	Buy	ABB LTD	$6,012,000	+59.0%	267,100	+40.1%	0.48%	+49.4%
DE	Buy	Deere Co	$5,637,000	+33.3%	66,050	+26.5%	0.45%	+25.3%
MAT	Sell	Mattel, Inc.	$5,477,000	-5.7%	180,800	-2.6%	0.44%	-11.5%
NSC	Buy	Norfolk Southern Corp	$5,408,000	+20.3%	55,715	+5.5%	0.43%	+13.1%
MUSA	Buy	Murphy USA Inc	$5,140,000	-3.2%	72,035	+0.6%	0.41%	-8.8%
KHC	Buy	Kraft Heinz Company	$5,151,000	+3.1%	57,542	+1.9%	0.41%	-3.1%
FAST	Buy	Fastenal Co	$5,018,000	+13.4%	120,100	+20.5%	0.40%	+6.6%
APD	Buy	Air Products & Chemicals	$5,006,000	+106.1%	33,300	+94.7%	0.40%	+93.7%
HRS	Sell	Harris Corporation	$4,791,000	-46.8%	52,300	-51.5%	0.38%	-49.9%
LMT	Buy	Lockheed Martin Corp	$4,579,000	-1.9%	19,100	+1.6%	0.37%	-7.6%
KR	New	Kroger Co	$4,518,000	–	152,230	–	0.36%	–
SYY	Sell	Sysco Corporation	$4,416,000	-21.0%	90,100	-18.2%	0.35%	-25.6%
ESV	Buy	Ensco PLC SHS CL A	$4,217,000	+34.9%	496,113	+54.1%	0.34%	+27.1%
LH	Buy	Laboratory Corp of America	$4,153,000	+6.1%	30,210	+0.5%	0.33%	-0.6%
AXP	Buy	American Express	$4,109,000	+6.3%	64,170	+0.9%	0.33%	0.0%
COP	Buy	Conocophillips	$3,955,000	+1.6%	90,990	+1.9%	0.32%	-4.5%
BHP	Sell	BHP Billiton Ltd	$3,493,000	+20.6%	100,800	-0.6%	0.28%	+13.4%
FB	Buy	Facebook Inc	$3,088,000	+12.3%	24,078	+0.1%	0.25%	+5.6%
RL	Buy	Ralph Lauren Corp	$3,045,000	+13.9%	30,111	+0.9%	0.24%	+7.0%
WM	Buy	Waste Management Inc New	$2,384,000	-3.6%	37,395	+0.3%	0.19%	-9.5%
PKX	Sell	Posco	$2,357,000	+13.8%	46,145	-0.8%	0.19%	+7.4%
TRV	Buy	Travelers Cos Inc	$2,325,000	+41.5%	20,300	+47.1%	0.19%	+32.9%
XEL	Buy	Xcel Energy Inc	$2,226,000	-3.7%	54,100	+4.8%	0.18%	-9.6%
STRL	Sell	Sterling Construction Co Inc	$1,994,000	+41.6%	257,654	-10.1%	0.16%	+33.3%
BLBD	Sell	Blue Bird Corporation	$1,904,000	-1.9%	130,345	-20.1%	0.15%	-7.9%
VSEC	Buy	VSE Corp	$1,720,000	+1.8%	50,606	+100.0%	0.14%	-4.2%
	Buy	Echelon Financial Holdings Inc	$1,695,000	+27.3%	172,010	+18.4%	0.14%	+20.4%
CNRD	Buy	Conrad Industries Inc	$1,613,000	+39.4%	65,286	+19.9%	0.13%	+30.3%
DIT	Sell	Amcon Distributing Co	$1,446,000	-21.1%	15,902	-22.2%	0.12%	-25.6%
NICK	Buy	Nicholas Financial Inc	$1,440,000	+11.9%	140,725	+12.4%	0.12%	+4.5%
	Sell	Creston PLC	$1,367,000	+7.1%	1,074,210	-2.6%	0.11%	0.0%
PATI	Buy	Patriot Transportation	$1,334,000	+28.9%	65,078	+22.3%	0.11%	+21.6%
NRCIB	Buy	National Research Corp Class B	$977,000	+121.0%	27,754	+108.2%	0.08%	+105.3%
	New	Ashmore Group PLC	$622,000	–	135,440	–	0.05%	–
	New	HomeServe	$595,000	–	79,539	–	0.05%	–
SEB	New	Seaboard Corp	$588,000	–	171	–	0.05%	–
DTD	Sell	Wisdom Tree Dividend Fund	$331,000	-9.8%	4,241	-10.0%	0.03%	-12.9%
CSX	Exit	Csx Corp	$0	–	-91,100	–	-0.20%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-44,100	–	-0.31%	–
AGU	Exit	Agrium Inc	$0	–	-51,200	–	-0.39%	–
SE	Exit	Spectra Energy Corp	$0	–	-239,208	–	-0.75%	–
LLTC	Exit	Linear Technology Corp	$0	–	-214,300	–	-0.85%	–
DD	Exit	E.I. du Pont de Nemours and Company	$0	–	-166,000	–	-0.92%	–

Q2 2016

			Value		Shares		↓ Weighting
CSCO	New	Cisco Systems Inc	$29,271,000	–	1,020,252	–	2.49%	–
JNJ	New	Johnson And Johnson	$28,903,000	–	238,278	–	2.46%	–
MSFT	New	Microsoft Corp	$26,863,000	–	524,968	–	2.29%	–
INTC	New	Intel Corp	$25,818,000	–	787,144	–	2.20%	–
PFE	New	Pfizer Inc	$25,229,000	–	716,541	–	2.15%	–
XOM	New	Exxon Mobil Corp	$23,122,000	–	246,660	–	1.97%	–
BBT	New	BB&T Corporation	$22,303,000	–	626,320	–	1.90%	–
KSS	New	Kohls Corp	$22,100,000	–	582,800	–	1.88%	–
T	New	AT&T Corp	$21,707,000	–	502,365	–	1.85%	–
MRK	New	Merck & Company, Inc	$19,991,000	–	347,000	–	1.70%	–
LLY	New	Eli Lilly & Co	$19,821,000	–	251,700	–	1.69%	–
AFL	New	Aflac Inc	$19,630,000	–	272,037	–	1.67%	–
OXY	New	Occidental Petroleum Corp	$19,419,000	–	256,995	–	1.65%	–
TGT	New	Target Corp Com	$18,481,000	–	264,700	–	1.57%	–
GSK	New	Glaxosmithkline PLC	$17,700,000	–	408,400	–	1.51%	–
DRI	New	Darden Restaurants Inc	$17,612,000	–	278,050	–	1.50%	–
USB	New	Us Bancorp (new)	$17,269,000	–	428,200	–	1.47%	–
PAYX	New	Paychex Inc	$17,091,000	–	287,250	–	1.46%	–
GPC	New	Genuine Parts Co	$16,676,000	–	164,700	–	1.42%	–
JPM	New	JP Morgan Chase & Co	$16,556,000	–	266,425	–	1.41%	–
RDSA	New	Royal Dutch Shell	$16,478,000	–	298,405	–	1.40%	–
WFC	New	Wells Fargo & Co New Del	$16,258,000	–	343,495	–	1.38%	–
CAT	New	Caterpillar Inc Del	$16,092,000	–	212,270	–	1.37%	–
PEP	New	Pepsico Inc	$15,913,000	–	150,210	–	1.36%	–
PM	New	Philip Morris Intl Inc	$15,691,000	–	154,260	–	1.34%	–
GE	New	General Electric	$15,228,000	–	483,733	–	1.30%	–
IBM	New	Intl Business Machines Corp Ibm	$14,950,000	–	98,500	–	1.27%	–
MCD	New	Mcdonalds Corp Com	$14,910,000	–	123,898	–	1.27%	–
BP	New	Bp Plc Spon Adr	$14,870,000	–	418,755	–	1.27%	–
SO	New	Southern Company	$14,396,000	–	268,440	–	1.23%	–
VZ	New	Verizon Communications Com	$14,245,000	–	255,110	–	1.21%	–
AEP	New	American Electric Power Co	$14,095,000	–	201,100	–	1.20%	–
PG	New	Procter & Gamble Co	$14,047,000	–	165,900	–	1.20%	–
CA	New	CA INC	$13,946,000	–	424,800	–	1.19%	–
UPS	New	United Parcel Service	$13,756,000	–	127,700	–	1.17%	–
KO	New	Coca Cola Company	$13,672,000	–	301,600	–	1.16%	–
WMT	New	Wal-Mart Stores Inc	$13,328,000	–	182,522	–	1.14%	–
HAS	New	Hasbro Inc	$12,481,000	–	148,600	–	1.06%	–
ETN	New	Eaton Corp	$12,215,000	–	204,500	–	1.04%	–
CVX	New	Chevron Corp	$11,539,000	–	110,075	–	0.98%	–
AAPL	New	Apple Computer	$10,956,000	–	114,600	–	0.93%	–
DD	New	E.I. du Pont de Nemours and Company	$10,757,000	–	166,000	–	0.92%	–
EMR	New	Emerson Elec Co	$10,448,000	–	200,300	–	0.89%	–
FE	New	First Energy Corp	$10,159,000	–	291,000	–	0.86%	–
GIS	New	General Mills Inc	$10,028,000	–	140,600	–	0.85%	–
TXN	New	Texas Instruments Inc	$10,004,000	–	159,681	–	0.85%	–
LLTC	New	Linear Technology Corp	$9,971,000	–	214,300	–	0.85%	–
DLB	New	Dolby Laboratories Inc CL A	$9,838,000	–	205,600	–	0.84%	–
CB	New	CHUBB LTD	$9,777,000	–	74,800	–	0.83%	–
DUK	New	Duke Energy Corp New	$9,710,000	–	113,186	–	0.83%	–
NUE	New	Nucor Corporation	$9,655,000	–	195,400	–	0.82%	–
ADP	New	Automatic Data Proc	$9,582,000	–	104,300	–	0.82%	–
CBRL	New	Cracker Barrel	$9,517,000	–	55,500	–	0.81%	–
TROW	New	Price T Rowe Group Inc	$9,333,000	–	127,900	–	0.80%	–
KMB	New	Kimberly Clark Corp	$9,211,000	–	67,000	–	0.78%	–
DG	New	Dollar General Corp	$9,191,000	–	97,779	–	0.78%	–
HRS	New	Harris Corporation	$9,003,000	–	107,900	–	0.77%	–
RY	New	Royal Bank of Canada	$8,905,000	–	150,700	–	0.76%	–
PPL	New	PPL Corp	$8,766,000	–	232,200	–	0.75%	–
TMK	New	Torchmark Corp	$8,768,000	–	141,827	–	0.75%	–
SE	New	Spectra Energy Corp	$8,762,000	–	239,208	–	0.75%	–
MXIM	New	Maxim Integrated Prods	$8,705,000	–	243,900	–	0.74%	–
VOD	New	Vodafone Group	$8,671,000	–	280,700	–	0.74%	–
DOX	New	Amdocs Ltd	$8,618,000	–	149,305	–	0.73%	–
MUR	New	Murphy Oil Corp	$8,457,000	–	266,360	–	0.72%	–
FITB	New	Fifth Third Bancorp	$8,334,000	–	473,770	–	0.71%	–
IFF	New	International Flavors & Fragrances	$8,289,000	–	65,753	–	0.71%	–
MDT	New	Medtronic PLC SHS	$8,135,000	–	93,758	–	0.69%	–
JWN	New	Nordstrom Inc	$7,549,000	–	198,400	–	0.64%	–
MOS	New	Mosaic Company	$7,518,000	–	287,175	–	0.64%	–
RGA	New	Reinsurance Group of America	$7,363,000	–	75,915	–	0.63%	–
JWA	New	John Wiley & Sons Inc Class A	$6,993,000	–	134,015	–	0.60%	–
AAP	New	Advance Auto Parts	$6,953,000	–	43,020	–	0.59%	–
RCI	New	Rogers Communications	$6,577,000	–	162,785	–	0.56%	–
TTE	New	Total SA	$6,578,000	–	136,750	–	0.56%	–
MSM	New	MSC Industrial Direct Co	$6,330,000	–	89,710	–	0.54%	–
VAR	New	Varian Medical Sys Inc	$6,205,000	–	75,460	–	0.53%	–
BA	New	Boeing Company	$5,987,000	–	46,100	–	0.51%	–
MAT	New	Mattel, Inc.	$5,807,000	–	185,600	–	0.50%	–
APA	New	Apache Corp	$5,624,000	–	101,023	–	0.48%	–
SYY	New	Sysco Corporation	$5,592,000	–	110,200	–	0.48%	–
MUSA	New	Murphy USA Inc	$5,309,000	–	71,586	–	0.45%	–
QCOM	New	Qualcom Inc	$5,170,000	–	96,500	–	0.44%	–
KHC	New	Kraft Heinz Company	$4,994,000	–	56,442	–	0.42%	–
K	New	Kellogg	$4,681,000	–	57,325	–	0.40%	–
LMT	New	Lockheed Martin Corp	$4,666,000	–	18,800	–	0.40%	–
AGU	New	Agrium Inc	$4,630,000	–	51,200	–	0.39%	–
NSC	New	Norfolk Southern Corp	$4,496,000	–	52,815	–	0.38%	–
FAST	New	Fastenal Co	$4,426,000	–	99,700	–	0.38%	–
DE	New	Deere Co	$4,230,000	–	52,200	–	0.36%	–
MMM	New	3m Company	$4,134,000	–	23,605	–	0.35%	–
LH	New	Laboratory Corp of America	$3,915,000	–	30,050	–	0.33%	–
COP	New	Conocophillips	$3,893,000	–	89,295	–	0.33%	–
AXP	New	American Express	$3,864,000	–	63,600	–	0.33%	–
ABB	New	ABB LTD	$3,782,000	–	190,700	–	0.32%	–
MET	New	Metlife Inc	$3,736,000	–	93,800	–	0.32%	–
DGX	New	Quest Diagnostics, Inc.	$3,590,000	–	44,100	–	0.31%	–
ESV	New	Ensco PLC SHS CL A	$3,126,000	–	321,889	–	0.27%	–
BHP	New	BHP Billiton Ltd	$2,896,000	–	101,395	–	0.25%	–
FB	New	Facebook Inc	$2,750,000	–	24,065	–	0.23%	–
RL	New	Ralph Lauren Corp	$2,674,000	–	29,836	–	0.23%	–
WM	New	Waste Management Inc New	$2,472,000	–	37,295	–	0.21%	–
APD	New	Air Products & Chemicals	$2,429,000	–	17,100	–	0.21%	–
CSX	New	Csx Corp	$2,376,000	–	91,100	–	0.20%	–
XEL	New	Xcel Energy Inc	$2,311,000	–	51,600	–	0.20%	–
PKX	New	Posco	$2,071,000	–	46,530	–	0.18%	–
BLBD	New	Blue Bird Corporation	$1,941,000	–	163,150	–	0.16%	–
DIT	New	Amcon Distributing Co	$1,833,000	–	20,448	–	0.16%	–
VSEC	New	VSE Corp	$1,690,000	–	25,303	–	0.14%	–
TRV	New	Travelers Cos Inc	$1,643,000	–	13,800	–	0.14%	–
LUK	New	Leucadia National Corp	$1,628,000	–	93,925	–	0.14%	–
PLSDF	New	Pulse Seismic Inc	$1,573,000	–	801,025	–	0.13%	–
SPAN	New	Span-America Medical Systems Inc.	$1,528,000	–	85,387	–	0.13%	–
STRL	New	Sterling Construction Co Inc	$1,408,000	–	286,666	–	0.12%	–
	New	Echelon Financial Holdings Inc	$1,332,000	–	145,260	–	0.11%	–
NICK	New	Nicholas Financial Inc	$1,287,000	–	125,185	–	0.11%	–
	New	Creston PLC	$1,276,000	–	1,103,385	–	0.11%	–
CNRD	New	Conrad Industries Inc	$1,157,000	–	54,446	–	0.10%	–
PATI	New	Patriot Transportation	$1,035,000	–	53,229	–	0.09%	–
NRC	New	National Research Corp Class A	$560,000	–	40,870	–	0.05%	–
NRCIB	New	National Research Corp Class B	$442,000	–	13,329	–	0.04%	–
DTD	New	Wisdom Tree Dividend Fund	$367,000	–	4,713	–	0.03%	–
FLO	New	Flowers Foods Inc Com	$260,000	–	13,882	–	0.02%	–
CVEO	New	Civeo Corp	$25,000	–	13,950	–	0.00%	–
PSWS	New	Puresafe Water Systems Inc	$1,000	–	14,000	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
CVEO	Exit	Civeo Corp	$0	–	-10,950	–	-0.00%	–
IVZ	Exit	Invesco LTD	$0	–	-7,187	–	-0.02%	–
DTD	Exit	Wisdom Tree Dividend Fund	$0	–	-4,975	–	-0.03%	–
FLO	Exit	Flowers Foods Inc Com	$0	–	-13,882	–	-0.03%	–
BZC	Exit	Breeze-Eastern Corp	$0	–	-59,130	–	-0.08%	–
FB	Exit	Facebook Inc	$0	–	-12,000	–	-0.11%	–
CNRD	Exit	Conrad Industries Inc	$0	–	-53,316	–	-0.12%	–
	Exit	Echelon Financial Holdings Inc	$0	–	-114,850	–	-0.12%	–
BLBD	Exit	Blue Bird Corporation	$0	–	-123,245	–	-0.12%	–
	Exit	Ashmore Group PLC	$0	–	-352,285	–	-0.13%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-785,175	–	-0.13%	–
STRL	Exit	Sterling Construction Co Inc	$0	–	-330,876	–	-0.13%	–
AXANF	Exit	Axia NetMedia Corp	$0	–	-636,750	–	-0.14%	–
	Exit	HomeServe	$0	–	-224,135	–	-0.14%	–
	Exit	Countrywide PLC	$0	–	-188,265	–	-0.14%	–
LUK	Exit	Leucadia National Corp	$0	–	-72,465	–	-0.14%	–
SPAN	Exit	Span-America Medical Systems Inc.	$0	–	-86,597	–	-0.15%	–
ACN	Exit	Accenture PLC	$0	–	-15,300	–	-0.15%	–
VSEC	Exit	VSE Corp	$0	–	-37,578	–	-0.15%	–
NICK	Exit	Nicholas Financial Inc	$0	–	-123,185	–	-0.16%	–
PKX	Exit	Posco	$0	–	-45,800	–	-0.16%	–
	Exit	Creston PLC	$0	–	-668,455	–	-0.16%	–
DIT	Exit	Amcon Distributing Co	$0	–	-20,138	–	-0.16%	–
NEBLQ	Exit	Noble Corp PLC	$0	–	-168,470	–	-0.18%	–
DGX	Exit	Quest Diagnostics, Inc.	$0	–	-31,400	–	-0.19%	–
AXP	Exit	American Express	$0	–	-31,215	–	-0.23%	–
RL	Exit	Ralph Lauren Corp	$0	–	-19,970	–	-0.23%	–
APA	Exit	Apache Corp	$0	–	-61,325	–	-0.24%	–
DE	Exit	Deere Co	$0	–	-36,200	–	-0.26%	–
KHC	Exit	Kraft Heinz Company	$0	–	-40,800	–	-0.28%	–
FE	Exit	First Energy Corp	$0	–	-102,100	–	-0.31%	–
ESV	Exit	Ensco PLC SHS CL A	$0	–	-228,210	–	-0.31%	–
MMM	Exit	3m Company	$0	–	-22,700	–	-0.32%	–
AGU	Exit	Agrium Inc	$0	–	-39,200	–	-0.34%	–
CLX	Exit	Clorox Co Del Com	$0	–	-30,400	–	-0.34%	–
COP	Exit	Conocophillips	$0	–	-75,100	–	-0.35%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-49,900	–	-0.37%	–
MUR	Exit	Murphy Oil Corp	$0	–	-170,140	–	-0.40%	–
BA	Exit	Boeing Company	$0	–	-32,100	–	-0.41%	–
FAST	Exit	Fastenal Co	$0	–	-119,500	–	-0.43%	–
EMR	Exit	Emerson Elec Co	$0	–	-121,700	–	-0.53%	–
SE	Exit	Spectra Energy Corp	$0	–	-205,900	–	-0.53%	–
MSM	Exit	MSC Industrial Direct Co	$0	–	-89,045	–	-0.53%	–
UVV	Exit	Universal Corp Va	$0	–	-110,110	–	-0.53%	–
SPLS	Exit	Staples Inc	$0	–	-466,600	–	-0.54%	–
VAR	Exit	Varian Medical Sys Inc	$0	–	-74,750	–	-0.54%	–
RCI	Exit	Rogers Communications	$0	–	-161,300	–	-0.54%	–
MOS	Exit	Mosaic Company	$0	–	-179,825	–	-0.55%	–
QCOM	Exit	Qualcom Inc	$0	–	-105,500	–	-0.55%	–
ABB	Exit	ABB LTD	$0	–	-338,300	–	-0.58%	–
MAT	Exit	Mattel, Inc.	$0	–	-288,900	–	-0.60%	–
RY	Exit	Royal Bank of Canada	$0	–	-111,100	–	-0.60%	–
MDT	Exit	Medtronic PLC SHS	$0	–	-92,694	–	-0.61%	–
CBRL	Exit	Cracker Barrel	$0	–	-43,400	–	-0.62%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-202,925	–	-0.63%	–
ADP	Exit	Automatic Data Proc	$0	–	-80,000	–	-0.63%	–
TTE	Exit	Total SA	$0	–	-144,950	–	-0.63%	–
CPB	Exit	Campbell Soup Co	$0	–	-128,100	–	-0.64%	–
JWA	Exit	John Wiley & Sons Inc Class A	$0	–	-133,475	–	-0.65%	–
TROW	Exit	Price T Rowe Group Inc	$0	–	-96,200	–	-0.65%	–
MUSA	Exit	Murphy USA Inc	$0	–	-123,788	–	-0.66%	–
RGA	Exit	Reinsurance Group of America	$0	–	-76,230	–	-0.68%	–
PG	Exit	Procter & Gamble Co	$0	–	-97,100	–	-0.68%	–
DG	Exit	Dollar General Corp	$0	–	-96,435	–	-0.68%	–
DLB	Exit	Dolby Laboratories Inc CL A	$0	–	-214,995	–	-0.68%	–
MET	Exit	Metlife Inc	$0	–	-149,100	–	-0.69%	–
DUK	Exit	Duke Energy Corp New	$0	–	-97,833	–	-0.69%	–
FITB	Exit	Fifth Third Bancorp	$0	–	-373,570	–	-0.69%	–
ETN	Exit	Eaton Corp	$0	–	-138,200	–	-0.69%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-36,000	–	-0.73%	–
ROST	Exit	Ross Stores Inc	$0	–	-154,270	–	-0.73%	–
GIS	Exit	General Mills Inc	$0	–	-133,700	–	-0.73%	–
NUE	Exit	Nucor Corporation	$0	–	-199,800	–	-0.73%	–
LLTC	Exit	Linear Technology Corp	$0	–	-188,300	–	-0.74%	–
RTN	Exit	Raytheon Co	$0	–	-70,500	–	-0.75%	–
HRS	Exit	Harris Corporation	$0	–	-105,800	–	-0.76%	–
SO	Exit	Southern Company	$0	–	-176,800	–	-0.77%	–
IFF	Exit	International Flavors & Fragrances	$0	–	-76,755	–	-0.78%	–
CB	Exit	CHUBB CORP	$0	–	-64,905	–	-0.78%	–
TMK	Exit	Torchmark Corp	$0	–	-141,707	–	-0.78%	–
AAP	Exit	Advance Auto Parts	$0	–	-42,480	–	-0.79%	–
CVX	Exit	Chevron Corp	$0	–	-103,400	–	-0.80%	–
DOX	Exit	Amdocs Ltd	$0	–	-146,262	–	-0.81%	–
TRV	Exit	Travelers Cos Inc	$0	–	-84,800	–	-0.82%	–
TXN	Exit	Texas Instruments Inc	$0	–	-175,000	–	-0.85%	–
VOD	Exit	Vodafone Group	$0	–	-277,600	–	-0.86%	–
HAS	Exit	Hasbro Inc	$0	–	-127,300	–	-0.90%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-302,580	–	-0.90%	–
IBM	Exit	Intl Business Machines Corp Ibm	$0	–	-66,500	–	-0.94%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-155,900	–	-0.99%	–
ACE	Exit	Ace Limited	$0	–	-98,000	–	-0.99%	–
PPL	Exit	PPL Corp	$0	–	-312,800	–	-1.01%	–
DD	Exit	E.I. du Pont de Nemours and Company	$0	–	-219,900	–	-1.04%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-98,300	–	-1.05%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-136,900	–	-1.06%	–
KO	Exit	Coca Cola Company	$0	–	-274,000	–	-1.08%	–
UPS	Exit	United Parcel Service	$0	–	-114,000	–	-1.10%	–
SYY	Exit	Sysco Corporation	$0	–	-290,400	–	-1.11%	–
CA	Exit	CA INC	$0	–	-417,000	–	-1.11%	–
USB	Exit	Us Bancorp (new)	$0	–	-280,200	–	-1.12%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-243,815	–	-1.13%	–
K	Exit	Kellogg	$0	–	-174,500	–	-1.14%	–
GE	Exit	General Electric	$0	–	-464,500	–	-1.14%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-183,625	–	-1.17%	–
AEP	Exit	American Electric Power Co	$0	–	-225,100	–	-1.25%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-187,550	–	-1.26%	–
VZ	Exit	Verizon Communications Com	$0	–	-295,800	–	-1.26%	–
PEP	Exit	Pepsico Inc	$0	–	-137,425	–	-1.27%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-213,900	–	-1.28%	–
T	Exit	AT&T Corp	$0	–	-405,800	–	-1.29%	–
PAYX	Exit	Paychex Inc	$0	–	-287,050	–	-1.34%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-269,495	–	-1.35%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-210,920	–	-1.36%	–
MRK	Exit	Merck & Company, Inc	$0	–	-284,100	–	-1.37%	–
MXIM	Exit	Maxim Integrated Prods	$0	–	-426,300	–	-1.39%	–
GSK	Exit	Glaxosmithkline PLC	$0	–	-378,300	–	-1.42%	–
TGT	Exit	Target Corp Com	$0	–	-189,500	–	-1.46%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-154,983	–	-1.49%	–
GPC	Exit	Genuine Parts Co	$0	–	-188,600	–	-1.53%	–
LLY	Exit	Eli Lilly & Co	$0	–	-201,300	–	-1.65%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-227,870	–	-1.66%	–
WM	Exit	Waste Management Inc New	$0	–	-343,195	–	-1.67%	–
KSS	Exit	Kohls Corp	$0	–	-375,890	–	-1.70%	–
BBT	Exit	BB&T Corporation	$0	–	-550,830	–	-1.92%	–
INTC	Exit	Intel Corp	$0	–	-675,770	–	-1.99%	–
PFE	Exit	Pfizer Inc	$0	–	-659,623	–	-2.03%	–
AFL	Exit	Aflac Inc	$0	–	-372,765	–	-2.12%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-873,537	–	-2.24%	–
JNJ	Exit	Johnson And Johnson	$0	–	-261,883	–	-2.39%	–
MSFT	Exit	Microsoft Corp	$0	–	-563,052	–	-2.44%	–

Q3 2015

			Value		Shares		↓ Weighting
MSFT	Buy	Microsoft Corp	$24,921,000	+4.0%	563,052	+3.7%	2.44%	+7.0%
JNJ	Buy	Johnson And Johnson	$24,447,000	+3.9%	261,883	+8.4%	2.39%	+6.8%
CSCO	Buy	Cisco Systems Inc	$22,930,000	+13.2%	873,537	+18.5%	2.24%	+16.5%
AFL	Buy	Aflac Inc	$21,669,000	-4.0%	372,765	+2.7%	2.12%	-1.3%
PFE	Buy	Pfizer Inc	$20,719,000	-2.8%	659,623	+3.8%	2.03%	0.0%
INTC	Buy	Intel Corp	$20,368,000	+6.1%	675,770	+7.1%	1.99%	+9.2%
BBT	Sell	BB&T Corporation	$19,610,000	-17.1%	550,830	-6.1%	1.92%	-14.7%
KSS	Buy	Kohls Corp	$17,407,000	-16.1%	375,890	+13.4%	1.70%	-13.7%
WM	Buy	Waste Management Inc New	$17,095,000	+7.5%	343,195	+0.0%	1.67%	+10.7%
XOM	Buy	Exxon Mobil Corp	$16,942,000	+2.3%	227,870	+14.5%	1.66%	+5.3%
LLY	Buy	Eli Lilly & Co	$16,847,000	+0.4%	201,300	+0.1%	1.65%	+3.3%
GPC	Buy	Genuine Parts Co	$15,633,000	+9.8%	188,600	+18.6%	1.53%	+13.0%
MCD	Buy	Mcdonalds Corp Com	$15,270,000	+15.4%	154,983	+11.3%	1.49%	+18.7%
TGT	Buy	Target Corp Com	$14,906,000	+0.6%	189,500	+4.4%	1.46%	+3.6%
GSK	Buy	Glaxosmithkline PLC	$14,546,000	+0.6%	378,300	+9.0%	1.42%	+3.5%
OXY	Buy	Occidental Petroleum Corp	$13,952,000	+80.7%	210,920	+112.4%	1.36%	+85.8%
WFC	Sell	Wells Fargo & Co New Del	$13,839,000	-11.9%	269,495	-3.5%	1.35%	-9.4%
PAYX	Buy	Paychex Inc	$13,672,000	+14.2%	287,050	+12.4%	1.34%	+17.5%
T	Buy	AT&T Corp	$13,221,000	-7.8%	405,800	+0.5%	1.29%	-5.1%
JPM	Sell	JP Morgan Chase & Co	$13,041,000	-15.6%	213,900	-6.2%	1.28%	-13.2%
PEP	Buy	Pepsico Inc	$12,959,000	+6.8%	137,425	+5.7%	1.27%	+9.9%
DRI	Buy	Darden Restaurants Inc	$12,855,000	+43.4%	187,550	+48.7%	1.26%	+47.5%
CAT	Buy	Caterpillar Inc Del	$12,002,000	-19.7%	183,625	+4.2%	1.17%	-17.4%
GE	Buy	General Electric	$11,715,000	-4.2%	464,500	+0.9%	1.14%	-1.5%
K	Buy	Kellogg	$11,613,000	+7.6%	174,500	+1.4%	1.14%	+10.7%
RDSA	Buy	Royal Dutch Shell	$11,554,000	-10.8%	243,815	+7.3%	1.13%	-8.2%
USB	Buy	Us Bancorp (new)	$11,491,000	+425.4%	280,200	+456.0%	1.12%	+440.4%
CA	Buy	CA INC	$11,384,000	+4.1%	417,000	+11.6%	1.11%	+7.0%
SYY	Sell	Sysco Corporation	$11,317,000	+5.3%	290,400	-2.4%	1.11%	+8.4%
UPS	Buy	United Parcel Service	$11,251,000	+8.8%	114,000	+6.8%	1.10%	+11.9%
KO	Buy	Coca Cola Company	$10,993,000	+3.4%	274,000	+1.1%	1.08%	+6.4%
PM	Sell	Philip Morris Intl Inc	$10,860,000	-9.4%	136,900	-8.5%	1.06%	-6.8%
KMB	Buy	Kimberly Clark Corp	$10,719,000	+3.1%	98,300	+0.2%	1.05%	+6.1%
DD	Buy	E.I. du Pont de Nemours and Company	$10,599,000	-19.6%	219,900	+6.7%	1.04%	-17.3%
WMT	Buy	Wal-Mart Stores Inc	$10,109,000	+8.7%	155,900	+18.9%	0.99%	+11.8%
IBM	Sell	Intl Business Machines Corp Ibm	$9,641,000	-12.2%	66,500	-1.5%	0.94%	-9.7%
BP	Buy	Bp Plc Spon Adr	$9,247,000	-15.7%	302,580	+10.2%	0.90%	-13.2%
HAS	Buy	Hasbro Inc	$9,183,000	+66.6%	127,300	+72.7%	0.90%	+71.4%
VOD	Buy	Vodafone Group	$8,811,000	-9.4%	277,600	+4.0%	0.86%	-6.7%
TXN	Buy	Texas Instruments Inc	$8,666,000	+25.1%	175,000	+30.1%	0.85%	+28.7%
TRV	Buy	Travelers Cos Inc	$8,440,000	+53.5%	84,800	+49.0%	0.82%	+57.7%
DOX	Buy	Amdocs Ltd	$8,319,000	+13.7%	146,262	+9.1%	0.81%	+17.0%
CVX	Sell	Chevron Corp	$8,156,000	-25.8%	103,400	-9.2%	0.80%	-23.7%
AAP	Buy	Advance Auto Parts	$8,051,000	+29.0%	42,480	+8.4%	0.79%	+32.7%
TMK	Buy	Torchmark Corp	$7,992,000	+7.1%	141,707	+10.6%	0.78%	+10.2%
CB	Buy	CHUBB CORP	$7,961,000	+50.2%	64,905	+16.5%	0.78%	+54.4%
IFF	Buy	International Flavors & Fragrances	$7,926,000	+5.9%	76,755	+12.1%	0.78%	+9.0%
SO	Buy	Southern Company	$7,903,000	+6.9%	176,800	+0.2%	0.77%	+10.0%
LLTC	Buy	Linear Technology Corp	$7,598,000	+10.4%	188,300	+21.0%	0.74%	+13.6%
GIS	Buy	General Mills Inc	$7,505,000	+19.6%	133,700	+18.7%	0.73%	+23.2%
ROST	Buy	Ross Stores Inc	$7,477,000	+1.0%	154,270	+1.3%	0.73%	+3.8%
LMT	Buy	Lockheed Martin Corp	$7,463,000	+73.0%	36,000	+55.2%	0.73%	+78.0%
ETN	Sell	Eaton Corp	$7,090,000	-34.5%	138,200	-13.8%	0.69%	-32.6%
FITB	Buy	Fifth Third Bancorp	$7,064,000	+13.6%	373,570	+25.1%	0.69%	+16.9%
DUK	Buy	Duke Energy Corp New	$7,038,000	+2.1%	97,833	+0.2%	0.69%	+5.0%
MET	Buy	Metlife Inc	$7,030,000	+11.8%	149,100	+32.8%	0.69%	+14.9%
DLB	Buy	Dolby Laboratories Inc CL A	$7,009,000	-7.6%	214,995	+12.5%	0.68%	-5.0%
DG	Buy	Dollar General Corp	$6,986,000	+1.6%	96,435	+9.1%	0.68%	+4.6%
PG	Sell	Procter & Gamble Co	$6,985,000	-17.1%	97,100	-9.8%	0.68%	-14.7%
RGA	Buy	Reinsurance Group of America	$6,906,000	+3.4%	76,230	+8.3%	0.68%	+6.3%
MUSA	Buy	Murphy USA Inc	$6,802,000	+7.3%	123,788	+9.0%	0.66%	+10.3%
TROW	Buy	Price T Rowe Group Inc	$6,686,000	+228.2%	96,200	+267.2%	0.65%	+237.1%
JWA	Buy	John Wiley & Sons Inc Class A	$6,678,000	-0.4%	133,475	+8.2%	0.65%	+2.5%
CPB	Sell	Campbell Soup Co	$6,492,000	-16.4%	128,100	-21.4%	0.64%	-14.0%
TTE	Buy	Total SA	$6,481,000	+3.5%	144,950	+13.8%	0.63%	+6.6%
ADP	Buy	Automatic Data Proc	$6,429,000	+17.8%	80,000	+17.6%	0.63%	+21.2%
BHP	Sell	BHP Billiton Ltd	$6,416,000	-24.3%	202,925	-2.5%	0.63%	-22.1%
CBRL	Buy	Cracker Barrel	$6,392,000	+3.0%	43,400	+4.3%	0.62%	+5.9%
MDT	Buy	Medtronic PLC SHS	$6,205,000	-1.4%	92,694	+9.2%	0.61%	+1.5%
RY	Sell	Royal Bank of Canada	$6,138,000	-23.7%	111,100	-15.5%	0.60%	-21.5%
MAT	Sell	Mattel, Inc.	$6,084,000	-23.3%	288,900	-6.5%	0.60%	-21.1%
ABB	Sell	ABB LTD	$5,978,000	-19.2%	338,300	-4.5%	0.58%	-16.8%
QCOM	Buy	Qualcom Inc	$5,669,000	-8.4%	105,500	+6.8%	0.55%	-5.8%
MOS	Buy	Mosaic Company	$5,594,000	-24.8%	179,825	+13.3%	0.55%	-22.6%
RCI	Buy	Rogers Communications	$5,562,000	+5.8%	161,300	+9.0%	0.54%	+8.8%
VAR	Buy	Varian Medical Sys Inc	$5,515,000	-5.2%	74,750	+8.4%	0.54%	-2.5%
SPLS	Sell	Staples Inc	$5,473,000	-29.2%	466,600	-7.6%	0.54%	-27.2%
UVV	Buy	Universal Corp Va	$5,458,000	-5.8%	110,110	+8.9%	0.53%	-3.1%
MSM	Buy	MSC Industrial Direct Co	$5,434,000	-4.1%	89,045	+9.7%	0.53%	-1.3%
SE	Sell	Spectra Energy Corp	$5,409,000	-29.7%	205,900	-12.8%	0.53%	-27.6%
EMR	Sell	Emerson Elec Co	$5,375,000	-32.7%	121,700	-15.5%	0.53%	-30.7%
FAST	Buy	Fastenal Co	$4,375,000	+76.7%	119,500	+103.6%	0.43%	+82.1%
MUR	Sell	Murphy Oil Corp	$4,117,000	-42.5%	170,140	-1.2%	0.40%	-40.7%
NSC	New	Norfolk Southern Corp	$3,812,000	–	49,900	–	0.37%	–
COP	Sell	Conocophillips	$3,602,000	-61.8%	75,100	-51.1%	0.35%	-60.7%
CLX	New	Clorox Co Del Com	$3,512,000	–	30,400	–	0.34%	–
MMM	Buy	3m Company	$3,218,000	+3.8%	22,700	+12.9%	0.32%	+6.8%
ESV	Sell	Ensco PLC SHS CL A	$3,213,000	-68.4%	228,210	-50.0%	0.31%	-67.5%
KHC	New	Kraft Heinz Company	$2,880,000	–	40,800	–	0.28%	–
DE	Sell	Deere Co	$2,679,000	-27.7%	36,200	-5.2%	0.26%	-25.6%
APA	Buy	Apache Corp	$2,401,000	-30.8%	61,325	+1.8%	0.24%	-28.8%
RL	New	Ralph Lauren Corp	$2,360,000	–	19,970	–	0.23%	–
AXP	Buy	American Express	$2,314,000	+4.1%	31,215	+9.2%	0.23%	+7.1%
DGX	New	Quest Diagnostics, Inc.	$1,930,000	–	31,400	–	0.19%	–
NEBLQ	Buy	Noble Corp PLC	$1,838,000	-22.8%	168,470	+8.9%	0.18%	-20.4%
	Sell	Creston PLC	$1,620,000	-7.1%	668,455	-17.7%	0.16%	-4.8%
DIT	Buy	Amcon Distributing Co	$1,611,000	+11.3%	20,138	+10.7%	0.16%	+14.5%
PKX	Buy	Posco	$1,604,000	-23.1%	45,800	+7.8%	0.16%	-20.7%
NICK	Buy	Nicholas Financial Inc	$1,599,000	+8.6%	123,185	+6.4%	0.16%	+11.4%
VSEC	Buy	VSE Corp	$1,506,000	+8.4%	37,578	+44.7%	0.15%	+11.4%
ACN	Sell	Accenture PLC	$1,503,000	-75.8%	15,300	-76.2%	0.15%	-75.1%
SPAN	Buy	Span-America Medical Systems Inc.	$1,494,000	+1.6%	86,597	+8.4%	0.15%	+4.3%
LUK	Buy	Leucadia National Corp	$1,468,000	-2.0%	72,465	+17.4%	0.14%	+1.4%
	Buy	Countrywide PLC	$1,432,000	-3.2%	188,265	+13.6%	0.14%	-0.7%
	New	HomeServe	$1,378,000	–	224,135	–	0.14%	–
AXANF	Buy	Axia NetMedia Corp	$1,382,000	-7.7%	636,750	+11.7%	0.14%	-4.9%
STRL	Buy	Sterling Construction Co Inc	$1,360,000	+24.3%	330,876	+21.0%	0.13%	+27.9%
PLSDF	Buy	Pulse Seismic Inc	$1,364,000	-0.9%	785,175	+14.3%	0.13%	+1.5%
	Buy	Ashmore Group PLC	$1,315,000	-10.5%	352,285	+9.1%	0.13%	-7.9%
BLBD	Buy	Blue Bird Corporation	$1,228,000	-6.5%	123,245	+21.8%	0.12%	-4.0%
	Buy	Echelon Financial Holdings Inc	$1,192,000	+1.5%	114,850	+19.4%	0.12%	+4.5%
CNRD	Buy	Conrad Industries Inc	$1,186,000	-19.6%	53,316	+8.7%	0.12%	-17.1%
FB	New	Facebook Inc	$1,079,000	–	12,000	–	0.11%	–
BZC	New	Breeze-Eastern Corp	$827,000	–	59,130	–	0.08%	–
DTD	New	Wisdom Tree Dividend Fund	$338,000	–	4,975	–	0.03%	–
CVEO	New	Civeo Corp	$16,000	–	10,950	–	0.00%	–
	Exit	HomeServe	$0	–	-227,250	–	-0.15%	–
VALE	Exit	Vale	$0	–	-429,755	–	-0.24%	–
CAG	Exit	Conagra Foods	$0	–	-64,900	–	-0.27%	–
JOY	Exit	Joy Global Inc	$0	–	-104,950	–	-0.36%	–
CVEO	Exit	Civeo Corp	$0	–	-1,263,124	–	-0.37%	–
KRFT	Exit	Kraft Foods Group Inc	$0	–	-48,200	–	-0.39%	–
RYAM	Exit	Rayonier Advanced Materials	$0	–	-282,880	–	-0.44%	–
BAX	Exit	Baxter International Inc	$0	–	-164,600	–	-1.09%	–

Q2 2015

			Value		Shares		↓ Weighting
MSFT	New	Microsoft Corp	$23,972,000	–	542,977	–	2.28%	–
BBT	New	BB&T Corporation	$23,644,000	–	586,545	–	2.25%	–
JNJ	New	Johnson And Johnson	$23,538,000	–	241,515	–	2.24%	–
AFL	New	Aflac Inc	$22,576,000	–	362,955	–	2.15%	–
PFE	New	Pfizer Inc	$21,313,000	–	635,644	–	2.03%	–
KSS	New	Kohls Corp	$20,746,000	–	331,360	–	1.97%	–
CSCO	New	Cisco Systems Inc	$20,249,000	–	737,412	–	1.92%	–
INTC	New	Intel Corp	$19,195,000	–	631,105	–	1.82%	–
LLY	New	Eli Lilly & Co	$16,781,000	–	201,000	–	1.60%	–
XOM	New	Exxon Mobil Corp	$16,557,000	–	199,000	–	1.57%	–
MRK	New	Merck & Company, Inc	$16,174,000	–	284,100	–	1.54%	–
WM	New	Waste Management Inc New	$15,903,000	–	343,100	–	1.51%	–
WFC	New	Wells Fargo & Co New Del	$15,713,000	–	279,395	–	1.49%	–
JPM	New	JP Morgan Chase & Co	$15,456,000	–	228,100	–	1.47%	–
CAT	New	Caterpillar Inc Del	$14,953,000	–	176,290	–	1.42%	–
TGT	New	Target Corp Com	$14,816,000	–	181,500	–	1.41%	–
MXIM	New	Maxim Integrated Prods	$14,739,000	–	426,300	–	1.40%	–
GSK	New	Glaxosmithkline PLC	$14,457,000	–	347,100	–	1.37%	–
T	New	AT&T Corp	$14,346,000	–	403,900	–	1.36%	–
GPC	New	Genuine Parts Co	$14,235,000	–	159,000	–	1.35%	–
VZ	New	Verizon Communications Com	$13,787,000	–	295,800	–	1.31%	–
MCD	New	Mcdonalds Corp Com	$13,234,000	–	139,200	–	1.26%	–
DD	New	E.I. du Pont de Nemours and Company	$13,180,000	–	206,100	–	1.25%	–
RDSA	New	Royal Dutch Shell	$12,957,000	–	227,270	–	1.23%	–
GE	New	General Electric	$12,233,000	–	460,400	–	1.16%	–
PEP	New	Pepsico Inc	$12,130,000	–	129,960	–	1.15%	–
PM	New	Philip Morris Intl Inc	$11,993,000	–	149,600	–	1.14%	–
PAYX	New	Paychex Inc	$11,973,000	–	255,400	–	1.14%	–
AEP	New	American Electric Power Co	$11,924,000	–	225,100	–	1.13%	–
BAX	New	Baxter International Inc	$11,510,000	–	164,600	–	1.09%	–
CVX	New	Chevron Corp	$10,988,000	–	113,900	–	1.04%	–
IBM	New	Intl Business Machines Corp Ibm	$10,980,000	–	67,500	–	1.04%	–
BP	New	Bp Plc Spon Adr	$10,969,000	–	274,500	–	1.04%	–
CA	New	CA INC	$10,940,000	–	373,500	–	1.04%	–
ETN	New	Eaton Corp	$10,819,000	–	160,300	–	1.03%	–
K	New	Kellogg	$10,791,000	–	172,100	–	1.03%	–
SYY	New	Sysco Corporation	$10,743,000	–	297,600	–	1.02%	–
KO	New	Coca Cola Company	$10,631,000	–	271,000	–	1.01%	–
KMB	New	Kimberly Clark Corp	$10,396,000	–	98,100	–	0.99%	–
UPS	New	United Parcel Service	$10,340,000	–	106,700	–	0.98%	–
ESV	New	Ensco PLC SHS CL A	$10,173,000	–	456,800	–	0.97%	–
ACE	New	Ace Limited	$9,965,000	–	98,000	–	0.95%	–
VOD	New	Vodafone Group	$9,725,000	–	266,800	–	0.92%	–
COP	New	Conocophillips	$9,432,000	–	153,600	–	0.90%	–
WMT	New	Wal-Mart Stores Inc	$9,299,000	–	131,100	–	0.88%	–
PPL	New	PPL Corp	$9,218,000	–	312,800	–	0.88%	–
DRI	New	Darden Restaurants Inc	$8,963,000	–	126,100	–	0.85%	–
NUE	New	Nucor Corporation	$8,805,000	–	199,800	–	0.84%	–
BHP	New	BHP Billiton Ltd	$8,471,000	–	208,075	–	0.80%	–
PG	New	Procter & Gamble Co	$8,426,000	–	107,700	–	0.80%	–
HRS	New	Harris Corporation	$8,137,000	–	105,800	–	0.77%	–
RY	New	Royal Bank of Canada	$8,041,000	–	131,500	–	0.76%	–
EMR	New	Emerson Elec Co	$7,982,000	–	144,000	–	0.76%	–
MAT	New	Mattel, Inc.	$7,936,000	–	308,900	–	0.75%	–
CPB	New	Campbell Soup Co	$7,762,000	–	162,900	–	0.74%	–
SPLS	New	Staples Inc	$7,730,000	–	504,900	–	0.74%	–
OXY	New	Occidental Petroleum Corp	$7,723,000	–	99,300	–	0.73%	–
SE	New	Spectra Energy Corp	$7,694,000	–	236,000	–	0.73%	–
DLB	New	Dolby Laboratories Inc CL A	$7,586,000	–	191,185	–	0.72%	–
IFF	New	International Flavors & Fragrances	$7,486,000	–	68,495	–	0.71%	–
TMK	New	Torchmark Corp	$7,463,000	–	128,181	–	0.71%	–
MOS	New	Mosaic Company	$7,437,000	–	158,745	–	0.71%	–
ROST	New	Ross Stores Inc	$7,405,000	–	152,330	–	0.70%	–
SO	New	Southern Company	$7,395,000	–	176,500	–	0.70%	–
ABB	New	ABB LTD	$7,400,000	–	354,400	–	0.70%	–
DOX	New	Amdocs Ltd	$7,317,000	–	134,040	–	0.70%	–
MUR	New	Murphy Oil Corp	$7,160,000	–	172,230	–	0.68%	–
TXN	New	Texas Instruments Inc	$6,928,000	–	134,500	–	0.66%	–
DUK	New	Duke Energy Corp New	$6,892,000	–	97,600	–	0.66%	–
LLTC	New	Linear Technology Corp	$6,882,000	–	155,600	–	0.65%	–
DG	New	Dollar General Corp	$6,873,000	–	88,410	–	0.65%	–
RTN	New	Raytheon Co	$6,745,000	–	70,500	–	0.64%	–
JWA	New	John Wiley & Sons Inc Class A	$6,707,000	–	123,365	–	0.64%	–
RGA	New	Reinsurance Group of America	$6,678,000	–	70,390	–	0.64%	–
MUSA	New	Murphy USA Inc	$6,341,000	–	113,604	–	0.60%	–
MET	New	Metlife Inc	$6,288,000	–	112,300	–	0.60%	–
MDT	New	Medtronic PLC SHS	$6,291,000	–	84,895	–	0.60%	–
GIS	New	General Mills Inc	$6,274,000	–	112,600	–	0.60%	–
TTE	New	Total SA	$6,264,000	–	127,400	–	0.60%	–
AAP	New	Advance Auto Parts	$6,243,000	–	39,195	–	0.59%	–
FITB	New	Fifth Third Bancorp	$6,216,000	–	298,570	–	0.59%	–
ACN	New	Accenture PLC	$6,223,000	–	64,300	–	0.59%	–
CBRL	New	Cracker Barrel	$6,205,000	–	41,600	–	0.59%	–
QCOM	New	Qualcom Inc	$6,188,000	–	98,800	–	0.59%	–
VAR	New	Varian Medical Sys Inc	$5,818,000	–	68,985	–	0.55%	–
UVV	New	Universal Corp Va	$5,793,000	–	101,065	–	0.55%	–
MSM	New	MSC Industrial Direct Co	$5,665,000	–	81,195	–	0.54%	–
HAS	New	Hasbro Inc	$5,512,000	–	73,700	–	0.52%	–
TRV	New	Travelers Cos Inc	$5,500,000	–	56,900	–	0.52%	–
ADP	New	Automatic Data Proc	$5,456,000	–	68,000	–	0.52%	–
CB	New	CHUBB CORP	$5,299,000	–	55,700	–	0.50%	–
RCI	New	Rogers Communications	$5,257,000	–	147,955	–	0.50%	–
RYAM	New	Rayonier Advanced Materials	$4,600,000	–	282,880	–	0.44%	–
BA	New	Boeing Company	$4,453,000	–	32,100	–	0.42%	–
LMT	New	Lockheed Martin Corp	$4,313,000	–	23,200	–	0.41%	–
AGU	New	Agrium Inc	$4,153,000	–	39,200	–	0.40%	–
KRFT	New	Kraft Foods Group Inc	$4,104,000	–	48,200	–	0.39%	–
CVEO	New	Civeo Corp	$3,878,000	–	1,263,124	–	0.37%	–
JOY	New	Joy Global Inc	$3,799,000	–	104,950	–	0.36%	–
DE	New	Deere Co	$3,707,000	–	38,200	–	0.35%	–
APA	New	Apache Corp	$3,472,000	–	60,240	–	0.33%	–
FE	New	First Energy Corp	$3,323,000	–	102,100	–	0.32%	–
MMM	New	3m Company	$3,101,000	–	20,100	–	0.30%	–
CAG	New	Conagra Foods	$2,837,000	–	64,900	–	0.27%	–
VALE	New	Vale	$2,531,000	–	429,755	–	0.24%	–
FAST	New	Fastenal Co	$2,476,000	–	58,700	–	0.24%	–
NEBLQ	New	Noble Corp PLC	$2,382,000	–	154,760	–	0.23%	–
AXP	New	American Express	$2,222,000	–	28,595	–	0.21%	–
USB	New	Us Bancorp (new)	$2,187,000	–	50,400	–	0.21%	–
PKX	New	Posco	$2,085,000	–	42,470	–	0.20%	–
TROW	New	Price T Rowe Group Inc	$2,037,000	–	26,200	–	0.19%	–
	New	Creston PLC	$1,743,000	–	812,115	–	0.17%	–
	New	HomeServe	$1,538,000	–	227,250	–	0.15%	–
AXANF	New	Axia NetMedia Corp	$1,497,000	–	569,820	–	0.14%	–
LUK	New	Leucadia National Corp	$1,498,000	–	61,700	–	0.14%	–
	New	Countrywide PLC	$1,480,000	–	165,680	–	0.14%	–
CNRD	New	Conrad Industries Inc	$1,476,000	–	49,050	–	0.14%	–
NICK	New	Nicholas Financial Inc	$1,472,000	–	115,725	–	0.14%	–
	New	Ashmore Group PLC	$1,469,000	–	323,015	–	0.14%	–
SPAN	New	Span-America Medical Systems Inc.	$1,471,000	–	79,865	–	0.14%	–
DIT	New	Amcon Distributing Co	$1,447,000	–	18,188	–	0.14%	–
VSEC	New	VSE Corp	$1,389,000	–	25,961	–	0.13%	–
PLSDF	New	Pulse Seismic Inc	$1,376,000	–	687,140	–	0.13%	–
BLBD	New	Blue Bird Corporation	$1,314,000	–	101,185	–	0.12%	–
	New	Echelon Financial Holdings Inc	$1,174,000	–	96,215	–	0.11%	–
STRL	New	Sterling Construction Co Inc	$1,094,000	–	273,442	–	0.10%	–
FLO	New	Flowers Foods Inc Com	$294,000	–	13,882	–	0.03%	–
IVZ	New	Invesco LTD	$269,000	–	7,187	–	0.03%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–

Q4 2014

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
FLO	Exit	Flowers Foods Inc Com	$0	–	-13,881	–	-0.03%	–
IVZ	Exit	Invesco LTD	$0	–	-7,187	–	-0.03%	–
DFODQ	Exit	Dean Foods Company	$0	–	-31,590	–	-0.04%	–
DOFSQ	Exit	Diamond Offshore Drilling Inc	$0	–	-14,700	–	-0.05%	–
USB	Exit	Us Bancorp (new)	$0	–	-13,700	–	-0.06%	–
PG	Exit	Procter & Gamble Co	$0	–	-7,700	–	-0.07%	–
MMM	Exit	3m Company	$0	–	-6,300	–	-0.09%	–
ACN	Exit	Accenture PLC	$0	–	-12,200	–	-0.10%	–
	Exit	Ashmore Group PLC	$0	–	-207,790	–	-0.11%	–
	Exit	Countrywide PLC	$0	–	-142,560	–	-0.11%	–
STRP	Exit	Straight Path Communications	$0	–	-67,385	–	-0.11%	–
SPAN	Exit	Span-America Medical Systems Inc.	$0	–	-63,468	–	-0.13%	–
AGU	Exit	Agrium Inc	$0	–	-14,500	–	-0.14%	–
STRL	Exit	Sterling Construction Co Inc	$0	–	-174,678	–	-0.14%	–
NICK	Exit	Nicholas Financial Inc	$0	–	-116,920	–	-0.14%	–
	Exit	HomeServe	$0	–	-265,415	–	-0.14%	–
CNRD	Exit	Conrad Industries Inc	$0	–	-37,850	–	-0.15%	–
HRS	Exit	Harris Corporation	$0	–	-22,400	–	-0.16%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-602,755	–	-0.16%	–
RTN	Exit	Raytheon Co	$0	–	-15,500	–	-0.17%	–
	Exit	Creston PLC	$0	–	-887,245	–	-0.17%	–
EPAX	Exit	Ambassadors Group Inc	$0	–	-449,093	–	-0.18%	–
LUK	Exit	Leucadia National Corp	$0	–	-70,375	–	-0.18%	–
	Exit	EGI Financial Holdings Inc	$0	–	-148,405	–	-0.18%	–
IDT	Exit	IDT Corp	$0	–	-107,850	–	-0.18%	–
FB	Exit	Facebook Inc	$0	–	-22,000	–	-0.18%	–
AXANF	Exit	Axia NetMedia Corp	$0	–	-775,960	–	-0.19%	–
DIT	Exit	Amcon Distributing Co	$0	–	-22,101	–	-0.20%	–
TTE	Exit	Total SA	$0	–	-35,350	–	-0.24%	–
BK	Exit	Bank of New York Mellon	$0	–	-72,910	–	-0.30%	–
APA	Exit	Apache Corp	$0	–	-32,420	–	-0.32%	–
CVEO	Exit	Civeo Corp	$0	–	-264,107	–	-0.32%	–
ETN	Exit	Eaton Corp	$0	–	-50,400	–	-0.34%	–
NUE	Exit	Nucor Corporation	$0	–	-60,400	–	-0.34%	–
PKX	Exit	Posco	$0	–	-43,455	–	-0.35%	–
VALE	Exit	Vale	$0	–	-313,570	–	-0.36%	–
TRV	Exit	Travelers Cos Inc	$0	–	-36,900	–	-0.36%	–
NEBLQ	Exit	Noble Corp PLC	$0	–	-160,915	–	-0.38%	–
CB	Exit	CHUBB CORP	$0	–	-39,960	–	-0.38%	–
FE	Exit	First Energy Corp	$0	–	-110,900	–	-0.39%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-39,600	–	-0.40%	–
PEP	Exit	Pepsico Inc	$0	–	-42,060	–	-0.41%	–
RYAM	Exit	Rayonier Advanced Materials	$0	–	-119,100	–	-0.41%	–
DG	Exit	Dollar General Corp	$0	–	-65,075	–	-0.42%	–
GE	Exit	General Electric	$0	–	-159,100	–	-0.43%	–
XOM	Exit	Exxon Mobil Corp	$0	–	-44,600	–	-0.44%	–
MUR	Exit	Murphy Oil Corp	$0	–	-86,260	–	-0.52%	–
GPC	Exit	Genuine Parts Co	$0	–	-56,200	–	-0.52%	–
AAP	Exit	Advance Auto Parts	$0	–	-39,890	–	-0.55%	–
MSM	Exit	MSC Industrial Direct Co	$0	–	-64,670	–	-0.58%	–
RCI	Exit	Rogers Communications	$0	–	-150,580	–	-0.59%	–
VAR	Exit	Varian Medical Sys Inc	$0	–	-70,585	–	-0.60%	–
RGA	Exit	Reinsurance Group of America	$0	–	-72,335	–	-0.61%	–
JOY	Exit	Joy Global Inc	$0	–	-106,590	–	-0.61%	–
ROST	Exit	Ross Stores Inc	$0	–	-78,255	–	-0.62%	–
GIS	Exit	General Mills Inc	$0	–	-140,700	–	-0.75%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-121,140	–	-0.75%	–
JWA	Exit	John Wiley & Sons Inc Class A	$0	–	-127,310	–	-0.75%	–
VOD	Exit	Vodafone Group	$0	–	-217,343	–	-0.75%	–
IFF	Exit	International Flavors & Fragrances	$0	–	-76,795	–	-0.77%	–
MUSA	Exit	Murphy USA Inc	$0	–	-138,614	–	-0.77%	–
MOS	Exit	Mosaic Company	$0	–	-166,260	–	-0.78%	–
CAG	Exit	Conagra Foods	$0	–	-228,840	–	-0.80%	–
LH	Exit	Laboratory Corp of America	$0	–	-74,540	–	-0.80%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-147,195	–	-0.80%	–
MDT	Exit	Medtronic Inc	$0	–	-124,099	–	-0.81%	–
DLB	Exit	Dolby Laboratories Inc CL A	$0	–	-184,790	–	-0.81%	–
DOX	Exit	Amdocs Ltd	$0	–	-169,430	–	-0.82%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-102,500	–	-0.82%	–
LLTC	Exit	Linear Technology Corp	$0	–	-180,600	–	-0.84%	–
EMR	Exit	Emerson Elec Co	$0	–	-128,500	–	-0.85%	–
STT	Exit	State Street Corp	$0	–	-109,555	–	-0.85%	–
TMK	Exit	Torchmark Corp	$0	–	-161,789	–	-0.89%	–
DUK	Exit	Duke Energy Corp New	$0	–	-118,733	–	-0.93%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-107,200	–	-0.94%	–
MAT	Exit	Mattel, Inc.	$0	–	-299,100	–	-0.96%	–
COP	Exit	Conocophillips	$0	–	-129,800	–	-1.04%	–
SO	Exit	Southern Company	$0	–	-227,600	–	-1.04%	–
PPL	Exit	PPL Corp	$0	–	-304,700	–	-1.05%	–
KRFT	Exit	Kraft Foods Group Inc	$0	–	-178,499	–	-1.06%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-135,335	–	-1.08%	–
KO	Exit	Coca Cola Company	$0	–	-246,020	–	-1.10%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-98,500	–	-1.12%	–
TXN	Exit	Texas Instruments Inc	$0	–	-222,300	–	-1.12%	–
SPLS	Exit	Staples Inc	$0	–	-938,200	–	-1.19%	–
AEP	Exit	American Electric Power Co	$0	–	-217,720	–	-1.20%	–
CVX	Exit	Chevron Corp	$0	–	-96,150	–	-1.21%	–
T	Exit	AT&T Corp	$0	–	-328,900	–	-1.22%	–
K	Exit	Kellogg	$0	–	-189,500	–	-1.23%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-278,180	–	-1.29%	–
INTC	Exit	Intel Corp	$0	–	-355,110	–	-1.30%	–
SYY	Exit	Sysco Corporation	$0	–	-345,360	–	-1.38%	–
ESV	Exit	Ensco PLC SHS CL A	$0	–	-318,570	–	-1.38%	–
UPS	Exit	United Parcel Service	$0	–	-139,900	–	-1.45%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-269,550	–	-1.46%	–
ABB	Exit	ABB LTD	$0	–	-619,900	–	-1.46%	–
CBRL	Exit	Cracker Barrel	$0	–	-140,000	–	-1.52%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-146,465	–	-1.53%	–
DD	Exit	E.I. du Pont de Nemours and Company	$0	–	-205,100	–	-1.55%	–
GSK	Exit	Glaxosmithkline PLC	$0	–	-334,410	–	-1.62%	–
BAX	Exit	Baxter International Inc	$0	–	-217,200	–	-1.64%	–
MXIM	Exit	Maxim Integrated Prods	$0	–	-516,100	–	-1.64%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-166,283	–	-1.66%	–
CA	Exit	CA INC	$0	–	-574,800	–	-1.69%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-267,000	–	-1.69%	–
ACE	Exit	Ace Limited	$0	–	-154,900	–	-1.71%	–
VZ	Exit	Verizon Communications Com	$0	–	-334,245	–	-1.76%	–
TGT	Exit	Target Corp Com	$0	–	-266,800	–	-1.76%	–
LLY	Exit	Eli Lilly & Co	$0	–	-258,900	–	-1.77%	–
WM	Exit	Waste Management Inc New	$0	–	-356,395	–	-1.78%	–
PAYX	Exit	Paychex Inc	$0	–	-390,450	–	-1.82%	–
MSFT	Exit	Microsoft Corp	$0	–	-388,497	–	-1.89%	–
MRK	Exit	Merck & Company, Inc	$0	–	-311,900	–	-1.94%	–
PFE	Exit	Pfizer Inc	$0	–	-626,643	–	-1.95%	–
AFL	Exit	Aflac Inc	$0	–	-357,760	–	-2.19%	–
BBT	Exit	BB&T Corporation	$0	–	-593,965	–	-2.32%	–
KSS	Exit	Kohls Corp	$0	–	-374,615	–	-2.40%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-956,512	–	-2.53%	–
JNJ	Exit	Johnson And Johnson	$0	–	-233,724	–	-2.62%	–

Q3 2014

			Value		Shares		↓ Weighting
JNJ	Buy	Johnson And Johnson	$24,913,000	+3.3%	233,724	+1.4%	2.62%	+11.3%
CSCO	Sell	Cisco Systems Inc	$24,075,000	-6.1%	956,512	-7.3%	2.53%	+1.2%
KSS	Sell	Kohls Corp	$22,863,000	+12.5%	374,615	-2.9%	2.40%	+21.3%
BBT	Buy	BB&T Corporation	$22,101,000	-2.5%	593,965	+3.3%	2.32%	+5.1%
AFL	Buy	Aflac Inc	$20,840,000	-5.4%	357,760	+1.1%	2.19%	+2.0%
PFE	Sell	Pfizer Inc	$18,530,000	-1.0%	626,643	-0.6%	1.95%	+6.7%
MRK	Buy	Merck & Company, Inc	$18,489,000	+4.6%	311,900	+2.1%	1.94%	+12.8%
MSFT	Sell	Microsoft Corp	$18,011,000	-27.5%	388,497	-34.8%	1.89%	-21.9%
PAYX	Buy	Paychex Inc	$17,258,000	+8.5%	390,450	+2.0%	1.82%	+16.9%
WM	Sell	Waste Management Inc New	$16,939,000	+5.0%	356,395	-1.2%	1.78%	+13.1%
LLY	Sell	Eli Lilly & Co	$16,790,000	-2.0%	258,900	-6.1%	1.77%	+5.6%
TGT	Buy	Target Corp Com	$16,723,000	+9.6%	266,800	+1.3%	1.76%	+18.1%
JPM	Sell	JP Morgan Chase & Co	$16,084,000	+3.4%	267,000	-1.1%	1.69%	+11.5%
CA	Buy	CA INC	$16,060,000	-2.1%	574,800	+0.7%	1.69%	+5.5%
MCD	Buy	Mcdonalds Corp Com	$15,765,000	-2.9%	166,283	+3.1%	1.66%	+4.6%
MXIM	Buy	Maxim Integrated Prods	$15,607,000	-1.5%	516,100	+10.2%	1.64%	+6.2%
GSK	Buy	Glaxosmithkline PLC	$15,373,000	-3.6%	334,410	+12.2%	1.62%	+3.9%
DD	Sell	E.I. du Pont de Nemours and Company	$14,718,000	+8.9%	205,100	-0.7%	1.55%	+17.4%
CAT	Buy	Caterpillar Inc Del	$14,504,000	+6.5%	146,465	+16.9%	1.53%	+14.8%
CBRL	Sell	Cracker Barrel	$14,447,000	+0.3%	140,000	-3.2%	1.52%	+8.1%
ABB	Sell	ABB LTD	$13,892,000	-3.2%	619,900	-0.5%	1.46%	+4.4%
DRI	Sell	Darden Restaurants Inc	$13,871,000	+4.9%	269,550	-5.7%	1.46%	+13.1%
UPS	Sell	United Parcel Service	$13,751,000	-8.6%	139,900	-4.6%	1.45%	-1.6%
ESV	Buy	Ensco PLC SHS CL A	$13,160,000	-25.2%	318,570	+0.6%	1.38%	-19.3%
SYY	Sell	Sysco Corporation	$13,106,000	-0.2%	345,360	-1.5%	1.38%	+7.7%
INTC	Sell	Intel Corp	$12,365,000	-50.0%	355,110	-55.6%	1.30%	-46.0%
BP	Sell	Bp Plc Spon Adr	$12,226,000	-21.2%	278,180	-5.4%	1.29%	-15.1%
T	Buy	AT&T Corp	$11,590,000	+3.2%	328,900	+3.6%	1.22%	+11.2%
CVX	Sell	Chevron Corp	$11,473,000	-26.1%	96,150	-19.2%	1.21%	-20.3%
KMB	Sell	Kimberly Clark Corp	$10,596,000	-3.9%	98,500	-0.6%	1.12%	+3.6%
TXN	Buy	Texas Instruments Inc	$10,601,000	+58.3%	222,300	+58.7%	1.12%	+70.8%
RDSA	Sell	Royal Dutch Shell	$10,303,000	-44.0%	135,335	-39.4%	1.08%	-39.6%
KRFT	Sell	Kraft Foods Group Inc	$10,067,000	-25.5%	178,499	-20.8%	1.06%	-19.7%
COP	Sell	Conocophillips	$9,932,000	-14.1%	129,800	-3.8%	1.04%	-7.4%
MAT	Buy	Mattel, Inc.	$9,167,000	-18.1%	299,100	+4.1%	0.96%	-11.7%
PM	Buy	Philip Morris Intl Inc	$8,940,000	-0.8%	107,200	+0.3%	0.94%	+6.8%
DUK	Sell	Duke Energy Corp New	$8,878,000	-4.7%	118,733	-5.4%	0.93%	+2.8%
TMK	Buy	Torchmark Corp	$8,473,000	-1.2%	161,789	+54.5%	0.89%	+6.5%
STT	Buy	State Street Corp	$8,064,000	+12.7%	109,555	+3.0%	0.85%	+21.5%
EMR	Buy	Emerson Elec Co	$8,042,000	+39.0%	128,500	+47.4%	0.85%	+49.7%
LLTC	Buy	Linear Technology Corp	$8,017,000	+0.3%	180,600	+6.4%	0.84%	+8.1%
DOX	Buy	Amdocs Ltd	$7,773,000	+1.7%	169,430	+2.7%	0.82%	+9.7%
DLB	Buy	Dolby Laboratories Inc CL A	$7,722,000	-0.0%	184,790	+3.4%	0.81%	+7.7%
MDT	Buy	Medtronic Inc	$7,688,000	-0.2%	124,099	+2.8%	0.81%	+7.7%
WFC	Sell	Wells Fargo & Co New Del	$7,635,000	-53.8%	147,195	-53.2%	0.80%	-50.2%
LH	Buy	Laboratory Corp of America	$7,584,000	+1.8%	74,540	+2.5%	0.80%	+9.8%
CAG	Buy	Conagra Foods	$7,561,000	+38.1%	228,840	+24.0%	0.80%	+48.9%
MOS	Buy	Mosaic Company	$7,384,000	-5.7%	166,260	+5.0%	0.78%	+1.7%
MUSA	Buy	Murphy USA Inc	$7,355,000	+10.6%	138,614	+1.9%	0.77%	+19.3%
IFF	Buy	International Flavors & Fragrances	$7,363,000	-5.4%	76,795	+2.9%	0.77%	+2.0%
VOD	Buy	Vodafone Group	$7,148,000	+5.3%	217,343	+6.9%	0.75%	+13.4%
JWA	Buy	John Wiley & Sons Inc Class A	$7,143,000	-5.1%	127,310	+2.5%	0.75%	+2.2%
BHP	Buy	BHP Billiton Ltd	$7,133,000	-8.5%	121,140	+6.3%	0.75%	-1.4%
ROST	Buy	Ross Stores Inc	$5,915,000	+93.8%	78,255	+69.6%	0.62%	+108.7%
JOY	Buy	Joy Global Inc	$5,813,000	-9.5%	106,590	+2.1%	0.61%	-2.6%
RGA	Buy	Reinsurance Group of America	$5,796,000	+4.6%	72,335	+3.0%	0.61%	+12.8%
VAR	Buy	Varian Medical Sys Inc	$5,655,000	-0.8%	70,585	+2.9%	0.60%	+7.0%
RCI	Buy	Rogers Communications	$5,635,000	+91.3%	150,580	+105.8%	0.59%	+106.6%
MSM	Buy	MSC Industrial Direct Co	$5,527,000	-8.9%	64,670	+2.0%	0.58%	-1.9%
AAP	Buy	Advance Auto Parts	$5,198,000	-1.4%	39,890	+2.1%	0.55%	+6.4%
GPC	New	Genuine Parts Co	$4,929,000	–	56,200	–	0.52%	–
MUR	Buy	Murphy Oil Corp	$4,909,000	-12.1%	86,260	+2.7%	0.52%	-5.3%
XOM	New	Exxon Mobil Corp	$4,195,000	–	44,600	–	0.44%	–
GE	Sell	General Electric	$4,076,000	-74.6%	159,100	-73.9%	0.43%	-72.6%
DG	Buy	Dollar General Corp	$3,977,000	+10.3%	65,075	+3.6%	0.42%	+18.8%
PEP	Sell	Pepsico Inc	$3,915,000	-39.1%	42,060	-41.5%	0.41%	-34.3%
RYAM	New	Rayonier Advanced Materials	$3,920,000	–	119,100	–	0.41%	–
CB	New	CHUBB CORP	$3,640,000	–	39,960	–	0.38%	–
NEBLQ	Buy	Noble Corp PLC	$3,576,000	-27.9%	160,915	+8.9%	0.38%	-22.3%
TRV	Buy	Travelers Cos Inc	$3,466,000	+84.3%	36,900	+84.5%	0.36%	+98.4%
VALE	Buy	Vale	$3,452,000	-15.1%	313,570	+2.0%	0.36%	-8.6%
PKX	Buy	Posco	$3,298,000	+4.7%	43,455	+2.7%	0.35%	+13.0%
NUE	Sell	Nucor Corporation	$3,278,000	-76.5%	60,400	-78.7%	0.34%	-74.7%
CVEO	Buy	Civeo Corp	$3,066,000	-52.3%	264,107	+2.9%	0.32%	-48.6%
APA	Sell	Apache Corp	$3,043,000	-23.2%	32,420	-17.7%	0.32%	-17.3%
BK	Sell	Bank of New York Mellon	$2,824,000	-43.9%	72,910	-45.7%	0.30%	-39.5%
TTE	Sell	Total SA	$2,278,000	-62.1%	35,350	-57.5%	0.24%	-59.0%
DIT	Buy	Amcon Distributing Co	$1,873,000	+9.9%	22,101	+6.0%	0.20%	+18.7%
AXANF	Buy	Axia NetMedia Corp	$1,812,000	-8.2%	775,960	+4.8%	0.19%	-1.0%
FB	Sell	Facebook Inc	$1,739,000	-26.2%	22,000	-37.1%	0.18%	-20.4%
IDT	Buy	IDT Corp	$1,732,000	-2.4%	107,850	+5.9%	0.18%	+5.2%
	Buy	EGI Financial Holdings Inc	$1,700,000	+1.6%	148,405	+9.5%	0.18%	+9.8%
LUK	Buy	Leucadia National Corp	$1,678,000	+0.2%	70,375	+10.2%	0.18%	+8.0%
EPAX	Buy	Ambassadors Group Inc	$1,662,000	-14.9%	449,093	+6.0%	0.18%	-8.4%
	Buy	Creston PLC	$1,643,000	+8.4%	887,245	+6.6%	0.17%	+16.9%
RTN	New	Raytheon Co	$1,575,000	–	15,500	–	0.17%	–
PLSDF	Buy	Pulse Seismic Inc	$1,570,000	-6.8%	602,755	+5.9%	0.16%	+0.6%
HRS	New	Harris Corporation	$1,487,000	–	22,400	–	0.16%	–
CNRD	Buy	Conrad Industries Inc	$1,438,000	+16.2%	37,850	+17.7%	0.15%	+24.8%
	Buy	HomeServe	$1,376,000	+0.2%	265,415	+6.4%	0.14%	+8.2%
NICK	Buy	Nicholas Financial Inc	$1,355,000	+167.8%	116,920	+232.1%	0.14%	+191.8%
STRL	Buy	Sterling Construction Co Inc	$1,340,000	+4.4%	174,678	+27.7%	0.14%	+12.8%
AGU	Buy	Agrium Inc	$1,291,000	+261.6%	14,500	+271.8%	0.14%	+288.6%
SPAN	Buy	Span-America Medical Systems Inc.	$1,234,000	+7.6%	63,468	+17.4%	0.13%	+16.1%
STRP	Sell	Straight Path Communications	$1,061,000	-40.8%	67,385	-61.6%	0.11%	-36.0%
	New	Countrywide PLC	$1,043,000	–	142,560	–	0.11%	–
	Buy	Ashmore Group PLC	$1,038,000	+2.6%	207,790	+30.0%	0.11%	+10.1%
ACN	New	Accenture PLC	$992,000	–	12,200	–	0.10%	–
MMM	New	3m Company	$893,000	–	6,300	–	0.09%	–
PG	New	Procter & Gamble Co	$645,000	–	7,700	–	0.07%	–
USB	New	Us Bancorp (new)	$573,000	–	13,700	–	0.06%	–
DOFSQ	Sell	Diamond Offshore Drilling Inc	$504,000	-93.6%	14,700	-90.8%	0.05%	-93.1%
DFODQ	New	Dean Foods Company	$419,000	–	31,590	–	0.04%	–
FLO	Sell	Flowers Foods Inc Com	$255,000	-13.0%	13,881	-0.0%	0.03%	-6.9%
VSEC	Exit	VSE Corp	$0	–	-12,029	–	-0.08%	–
SE	Exit	Spectra Energy Corp	$0	–	-104,320	–	-0.43%	–
MCRS	Exit	Micros Systems Inc	$0	–	-135,645	–	-0.90%	–

Q2 2014

			Value		Shares		↓ Weighting
CSCO	New	Cisco Systems Inc	$25,639,000	–	1,031,767	–	2.50%	–
MSFT	New	Microsoft Corp	$24,842,000	–	595,735	–	2.42%	–
INTC	New	Intel Corp	$24,709,000	–	799,635	–	2.41%	–
JNJ	New	Johnson And Johnson	$24,120,000	–	230,544	–	2.35%	–
BBT	New	BB&T Corporation	$22,667,000	–	574,875	–	2.21%	–
AFL	New	Aflac Inc	$22,022,000	–	353,760	–	2.15%	–
KSS	New	Kohls Corp	$20,319,000	–	385,700	–	1.98%	–
PFE	New	Pfizer Inc	$18,718,000	–	630,654	–	1.83%	–
RDSA	New	Royal Dutch Shell	$18,385,000	–	223,205	–	1.79%	–
MRK	New	Merck & Company, Inc	$17,679,000	–	305,600	–	1.72%	–
ESV	New	Ensco PLC SHS CL A	$17,589,000	–	316,525	–	1.72%	–
LLY	New	Eli Lilly & Co	$17,140,000	–	275,700	–	1.67%	–
WFC	New	Wells Fargo & Co New Del	$16,519,000	–	314,295	–	1.61%	–
CA	New	CA INC	$16,411,000	–	571,000	–	1.60%	–
VZ	New	Verizon Communicatns Com	$16,355,000	–	334,245	–	1.60%	–
MCD	New	Mcdonalds Corp Com	$16,243,000	–	161,238	–	1.58%	–
WM	New	Waste Management Inc New	$16,139,000	–	360,800	–	1.58%	–
ACE	New	Ace Limited	$16,063,000	–	154,900	–	1.57%	–
GE	New	General Electric	$16,036,000	–	610,200	–	1.56%	–
GSK	New	Glaxosmithkline PLC	$15,943,000	–	298,110	–	1.56%	–
PAYX	New	Paychex Inc	$15,903,000	–	382,650	–	1.55%	–
MXIM	New	Maxim Integrated Prods	$15,840,000	–	468,500	–	1.55%	–
BAX	New	Baxter International Inc	$15,704,000	–	217,200	–	1.53%	–
JPM	New	JP Morgan Chase & Co	$15,557,000	–	270,000	–	1.52%	–
CVX	New	Chevron Corp	$15,529,000	–	118,950	–	1.52%	–
BP	New	Bp Plc Spon Adr	$15,513,000	–	294,080	–	1.51%	–
TGT	New	Target Corp Com	$15,258,000	–	263,300	–	1.49%	–
UPS	New	United Parcel Service	$15,050,000	–	146,600	–	1.47%	–
CBRL	New	Cracker Barrel	$14,408,000	–	144,700	–	1.41%	–
ABB	New	ABB LTD	$14,348,000	–	623,300	–	1.40%	–
NUE	New	Nucor Corporation	$13,943,000	–	283,100	–	1.36%	–
CAT	New	Caterpillar Inc Del	$13,616,000	–	125,300	–	1.33%	–
DD	New	E.I. du Pont de Nemours and Company	$13,520,000	–	206,600	–	1.32%	–
KRFT	New	Kraft Foods Group Inc	$13,507,000	–	225,300	–	1.32%	–
DRI	New	Darden Restaurants Inc	$13,222,000	–	285,750	–	1.29%	–
SYY	New	Sysco Corporation	$13,128,000	–	350,560	–	1.28%	–
K	New	Kellogg	$12,450,000	–	189,500	–	1.22%	–
AEP	New	American Electric Power Co	$12,142,000	–	217,720	–	1.18%	–
COP	New	Conocophillips	$11,565,000	–	134,900	–	1.13%	–
T	New	AT&T Corp	$11,227,000	–	317,500	–	1.10%	–
MAT	New	Mattel, Inc.	$11,192,000	–	287,200	–	1.09%	–
KMB	New	Kimberly Clark Corp	$11,022,000	–	99,100	–	1.08%	–
PPL	New	PPL Corp	$10,826,000	–	304,700	–	1.06%	–
KO	New	Coca Cola Company	$10,421,000	–	246,020	–	1.02%	–
SO	New	Southern Company	$10,328,000	–	227,600	–	1.01%	–
SPLS	New	Staples Inc	$10,170,000	–	938,200	–	0.99%	–
DUK	New	Duke Energy Corp New	$9,313,000	–	125,533	–	0.91%	–
MCRS	New	Micros Systems Inc	$9,210,000	–	135,645	–	0.90%	–
PM	New	Philip Morris Intl Inc	$9,013,000	–	106,900	–	0.88%	–
TMK	New	Torchmark Corp	$8,579,000	–	104,730	–	0.84%	–
LLTC	New	Linear Technology Corp	$7,992,000	–	169,800	–	0.78%	–
DOFSQ	New	Diamond Offshore Drilling Inc	$7,896,000	–	159,100	–	0.77%	–
MOS	New	Mosaic Company	$7,829,000	–	158,315	–	0.76%	–
BHP	New	BHP Billiton Ltd	$7,797,000	–	113,915	–	0.76%	–
IFF	New	International Flavors & Fragrances	$7,780,000	–	74,605	–	0.76%	–
DLB	New	Dolby Laboratories Inc CL A	$7,723,000	–	178,765	–	0.75%	–
WMT	New	Wal-Mart Stores Inc	$7,695,000	–	102,500	–	0.75%	–
MDT	New	Medtronic Inc	$7,700,000	–	120,759	–	0.75%	–
DOX	New	Amdocs Ltd	$7,644,000	–	165,000	–	0.75%	–
JWA	New	John Wiley & Sons Inc Class A	$7,528,000	–	124,250	–	0.74%	–
LH	New	Laboratory Corp of America	$7,449,000	–	72,745	–	0.73%	–
GIS	New	General Mills Inc	$7,392,000	–	140,700	–	0.72%	–
STT	New	State Street Corp	$7,155,000	–	106,380	–	0.70%	–
VOD	New	Vodafone Group	$6,790,000	–	203,344	–	0.66%	–
TXN	New	Texas Instruments Inc	$6,695,000	–	140,100	–	0.65%	–
MUSA	New	Murphy USA Inc	$6,653,000	–	136,083	–	0.65%	–
PEP	New	Pepsico Inc	$6,425,000	–	71,920	–	0.63%	–
JOY	New	Joy Global Inc	$6,426,000	–	104,355	–	0.63%	–
CVEO	New	Civeo Corp	$6,422,000	–	256,572	–	0.63%	–
MSM	New	MSC Industrial Direct Co	$6,064,000	–	63,405	–	0.59%	–
TTE	New	Total SA	$6,003,000	–	83,150	–	0.59%	–
EMR	New	Emerson Elec Co	$5,787,000	–	87,200	–	0.56%	–
VAR	New	Varian Medical Sys Inc	$5,702,000	–	68,585	–	0.56%	–
MUR	New	Murphy Oil Corp	$5,586,000	–	84,030	–	0.54%	–
RGA	New	Reinsurance Group of America	$5,540,000	–	70,215	–	0.54%	–
CAG	New	Conagra Foods	$5,476,000	–	184,500	–	0.53%	–
AAP	New	Advance Auto Parts	$5,270,000	–	39,060	–	0.51%	–
BK	New	Bank of New York Mellon	$5,034,000	–	134,323	–	0.49%	–
NEBLQ	New	Noble Corp PLC	$4,958,000	–	147,730	–	0.48%	–
SE	New	Spectra Energy Corp	$4,432,000	–	104,320	–	0.43%	–
OXY	New	Occidental Petroleum Corp	$4,064,000	–	39,600	–	0.40%	–
VALE	New	Vale	$4,068,000	–	307,520	–	0.40%	–
APA	New	Apache Corp	$3,964,000	–	39,395	–	0.39%	–
ETN	New	Eaton Corp	$3,890,000	–	50,400	–	0.38%	–
FE	New	First Energy Corp	$3,850,000	–	110,900	–	0.38%	–
DG	New	Dollar General Corp	$3,604,000	–	62,830	–	0.35%	–
PKX	New	Posco	$3,150,000	–	42,315	–	0.31%	–
ROST	New	Ross Stores Inc	$3,052,000	–	46,150	–	0.30%	–
RCI	New	Rogers Communications	$2,945,000	–	73,165	–	0.29%	–
FB	New	Facebook Inc	$2,355,000	–	35,000	–	0.23%	–
AXANF	New	Axia NetMedia Corp	$1,974,000	–	740,500	–	0.19%	–
EPAX	New	Ambassadors Group Inc	$1,953,000	–	423,743	–	0.19%	–
TRV	New	Travelers Cos Inc	$1,881,000	–	20,000	–	0.18%	–
STRP	New	Straight Path Communications	$1,792,000	–	175,695	–	0.18%	–
IDT	New	IDT Corp	$1,774,000	–	101,865	–	0.17%	–
DIT	New	Amcon Distributing Co	$1,704,000	–	20,846	–	0.17%	–
PLSDF	New	Pulse Seismic Inc	$1,684,000	–	569,310	–	0.16%	–
	New	EGI Financial Holdings Inc	$1,674,000	–	135,560	–	0.16%	–
LUK	New	Leucadia National Corp	$1,675,000	–	63,875	–	0.16%	–
	New	Creston PLC	$1,516,000	–	832,405	–	0.15%	–
	New	HomeServe	$1,373,000	–	249,450	–	0.13%	–
STRL	New	Sterling Construction Co Inc	$1,283,000	–	136,758	–	0.12%	–
CNRD	New	Conrad Industries Inc	$1,238,000	–	32,165	–	0.12%	–
SPAN	New	Span-America Medical Systems Inc.	$1,147,000	–	54,048	–	0.11%	–
	New	Ashmore Group PLC	$1,012,000	–	159,885	–	0.10%	–
VSEC	New	VSE Corp	$846,000	–	12,029	–	0.08%	–
NICK	New	Nicholas Financial Inc	$506,000	–	35,210	–	0.05%	–
AGU	New	Agrium Inc	$357,000	–	3,900	–	0.04%	–
FLO	New	Flowers Foods Inc Com	$293,000	–	13,882	–	0.03%	–
IVZ	New	Invesco LTD	$271,000	–	7,187	–	0.03%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–

Q4 2013

			Value		Shares		↓ Weighting
PSWS	Exit	Puresafe Water Systems Inc	$0	–	-14,000	–	0.00%	–
BCE	Exit	BCE Inc	$0	–	-5,600	–	-0.03%	–
IVZ	Exit	Invesco LTD	$0	–	-7,187	–	-0.03%	–
CNRD	Exit	Conrad Industries Inc	$0	–	-10,100	–	-0.03%	–
FLO	Exit	Flowers Foods Inc Com	$0	–	-13,883	–	-0.04%	–
PEG	Exit	Public Service Entrp Grp Inc	$0	–	-12,400	–	-0.05%	–
PCG	Exit	PG&E	$0	–	-9,500	–	-0.05%	–
HHC	Exit	Howard Hughes Corp	$0	–	-4,000	–	-0.05%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-5,600	–	-0.06%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-6,000	–	-0.06%	–
	Exit	HomeServe	$0	–	-144,574	–	-0.07%	–
APD	Exit	Air Products & Chemicals	$0	–	-7,700	–	-0.08%	–
NICK	Exit	Nicholas Financial Inc	$0	–	-48,400	–	-0.08%	–
PLSDF	Exit	Pulse Seismic Inc	$0	–	-200,000	–	-0.09%	–
NNBR	Exit	NN Inc	$0	–	-71,100	–	-0.09%	–
EPAX	Exit	Ambassadors Group Inc	$0	–	-231,920	–	-0.09%	–
BCO	Exit	Brinks	$0	–	-34,110	–	-0.10%	–
DIT	Exit	Amcon Distributing Co	$0	–	-11,030	–	-0.10%	–
LUK	Exit	Leucadia National Corp	$0	–	-35,000	–	-0.10%	–
IDT	Exit	IDT Corp	$0	–	-49,000	–	-0.10%	–
BKR	Exit	Michael Baker Corp	$0	–	-35,770	–	-0.11%	–
VSEC	Exit	VSE Corp	$0	–	-24,500	–	-0.12%	–
STRL	Exit	Sterling Construction Co Inc	$0	–	-112,378	–	-0.12%	–
MDR	Exit	McDermott Intl Inc	$0	–	-133,000	–	-0.12%	–
AXANF	Exit	Axia NetMedia Corp	$0	–	-795,700	–	-0.13%	–
RTN	Exit	Raytheon Co	$0	–	-20,800	–	-0.16%	–
VAR	Exit	Varian Medical Sys Inc	$0	–	-38,595	–	-0.30%	–
FB	Exit	Facebook Inc	$0	–	-110,351	–	-0.31%	–
IDCC	Exit	Interdigital Inc	$0	–	-62,290	–	-0.32%	–
OXY	Exit	Occidental Petroleum Corp	$0	–	-37,100	–	-0.38%	–
MCRS	Exit	Micros Systems Inc	$0	–	-79,840	–	-0.39%	–
SYK	Exit	Stryker Corp	$0	–	-56,290	–	-0.42%	–
ACE	Exit	Ace Limited	$0	–	-40,800	–	-0.42%	–
BHP	Exit	BHP Billiton Ltd	$0	–	-64,785	–	-0.43%	–
VALE	Exit	Vale	$0	–	-292,510	–	-0.44%	–
TRV	Exit	Travelers Cos Inc	$0	–	-51,900	–	-0.47%	–
PEP	Exit	Pepsico Inc	$0	–	-55,800	–	-0.52%	–
DELL	Exit	Dell Inc	$0	–	-343,725	–	-0.52%	–
JWA	Exit	John Wiley & Sons Inc Class A	$0	–	-118,165	–	-0.54%	–
JOY	Exit	Joy Global Inc	$0	–	-100,340	–	-0.56%	–
JWN	Exit	Nordstrom Inc	$0	–	-83,000	–	-0.57%	–
LH	Exit	Laboratory Corp of America	$0	–	-49,750	–	-0.57%	–
HES	Exit	Hess Corp	$0	–	-77,635	–	-0.59%	–
MUR	Exit	Murphy Oil Corp	$0	–	-85,690	–	-0.60%	–
NE	Exit	Noble Corp	$0	–	-140,855	–	-0.60%	–
IFF	Exit	International Flavors & Fragra	$0	–	-72,140	–	-0.62%	–
MAT	Exit	Mattel, Inc.	$0	–	-119,600	–	-0.62%	–
PAYX	Exit	Paychex Inc	$0	–	-155,500	–	-0.65%	–
DLB	Exit	Dolby Laboratories Inc CL A	$0	–	-176,735	–	-0.68%	–
UPS	Exit	United Parcel Service	$0	–	-68,800	–	-0.68%	–
DOX	Exit	Amdocs Ltd	$0	–	-163,890	–	-0.69%	–
MDT	Exit	Medtronic Inc	$0	–	-118,415	–	-0.70%	–
NBR	Exit	Nabors Industries Ltd	$0	–	-401,565	–	-0.70%	–
APA	Exit	Apache Corp	$0	–	-73,555	–	-0.70%	–
GD	Exit	General Dynamics Corp	$0	–	-81,800	–	-0.73%	–
CBRL	Exit	Cracker Barrel	$0	–	-69,500	–	-0.75%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-147,180	–	-0.75%	–
TMK	Exit	Torchmark Corp	$0	–	-102,535	–	-0.76%	–
KO	Exit	Coca Cola Company	$0	–	-170,820	–	-0.78%	–
STT	Exit	State Street Corp	$0	–	-108,945	–	-0.81%	–
MOS	Exit	Mosaic Company	$0	–	-136,310	–	-0.84%	–
WMT	Exit	Wal-Mart Stores Inc	$0	–	-98,900	–	-0.84%	–
V107SC	Exit	Wellpoint Inc	$0	–	-90,500	–	-0.85%	–
GIS	Exit	General Mills Inc	$0	–	-154,700	–	-0.86%	–
EMR	Exit	Emerson Elec Co	$0	–	-147,900	–	-0.92%	–
DUK	Exit	Duke Energy Corp New	$0	–	-119,798	–	-0.92%	–
MXIM	Exit	Maxim Integrated Prods	$0	–	-302,100	–	-0.96%	–
SO	Exit	Southern Company	$0	–	-208,100	–	-1.05%	–
K	Exit	Kellogg	$0	–	-145,000	–	-1.06%	–
DOFSQ	Exit	Diamond Offshore Drilling Inc	$0	–	-135,700	–	-1.07%	–
AEP	Exit	American Electric Power Co	$0	–	-221,620	–	-1.13%	–
BK	Exit	Bank of New York Mellon	$0	–	-354,788	–	-1.14%	–
WM	Exit	Waste Management Inc New	$0	–	-253,930	–	-1.17%	–
ABB	Exit	ABB LTD	$0	–	-489,300	–	-1.21%	–
AMAT	Exit	Applied Material Inc	$0	–	-716,800	–	-1.22%	–
TGT	Exit	Target Corp Com	$0	–	-156,100	–	-1.23%	–
PPL	Exit	PPL Corp	$0	–	-356,490	–	-1.23%	–
KMB	Exit	Kimberly Clark Corp	$0	–	-112,870	–	-1.25%	–
KRFT	Exit	Kraft Foods Group Inc	$0	–	-197,301	–	-1.26%	–
T	Exit	AT&T Corp	$0	–	-313,600	–	-1.27%	–
FE	Exit	First Energy Corp	$0	–	-312,370	–	-1.33%	–
LLY	Exit	Eli Lilly & Co	$0	–	-238,670	–	-1.34%	–
VZ	Exit	Verizon Communicatns Com	$0	–	-238,300	–	-1.37%	–
WFC	Exit	Wells Fargo & Co New Del	$0	–	-292,695	–	-1.38%	–
TXN	Exit	Texas Instruments Inc	$0	–	-347,900	–	-1.38%	–
COP	Exit	Conocophillips	$0	–	-201,400	–	-1.39%	–
VOD	Exit	Vodafone Group	$0	–	-425,200	–	-1.40%	–
GSK	Exit	Glaxosmithkline PLC	$0	–	-244,910	–	-1.40%	–
MCD	Exit	Mcdonalds Corp Com	$0	–	-123,900	–	-1.40%	–
DD	Exit	E.I. du Pont de Nemours and Co	$0	–	-233,900	–	-1.40%	–
DRI	Exit	Darden Restaurants Inc	$0	–	-244,000	–	-1.41%	–
CVX	Exit	Chevron Corp	$0	–	-104,150	–	-1.41%	–
TTE	Exit	Total SA	$0	–	-253,450	–	-1.41%	–
BP	Exit	Bp Plc Spon Adr	$0	–	-295,900	–	-1.41%	–
GE	Exit	General Electric	$0	–	-534,600	–	-1.42%	–
BAX	Exit	Baxter International Inc	$0	–	-180,300	–	-1.43%	–
MRK	Exit	Merck & Company, Inc	$0	–	-269,000	–	-1.43%	–
SYY	Exit	Sysco Corporation	$0	–	-370,760	–	-1.45%	–
NUE	Exit	Nucor Corporation	$0	–	-307,665	–	-1.52%	–
SE	Exit	Spectra Energy Corp	$0	–	-392,820	–	-1.55%	–
JPM	Exit	JP Morgan Chase & Co	$0	–	-258,200	–	-1.56%	–
CA	Exit	CA INC	$0	–	-527,600	–	-1.72%	–
PFE	Exit	Pfizer Inc	$0	–	-540,765	–	-1.73%	–
ESV	Exit	Ensco PLC SHS CL A	$0	–	-280,915	–	-1.86%	–
INTC	Exit	Intel Corp	$0	–	-692,050	–	-1.91%	–
SPLS	Exit	Staples Inc	$0	–	-1,070,195	–	-1.94%	–
RDSA	Exit	Royal Dutch Shell	$0	–	-270,165	–	-1.97%	–
BBT	Exit	BB&T Corporation	$0	–	-542,400	–	-2.10%	–
WAG	Exit	Walgreen Co	$0	–	-424,629	–	-2.14%	–
AFL	Exit	Aflac Inc	$0	–	-325,845	–	-2.16%	–
JNJ	Exit	Johnson And Johnson	$0	–	-222,240	–	-2.18%	–
KSS	Exit	Kohls Corp	$0	–	-391,655	–	-2.26%	–
MSFT	Exit	Microsoft Corp	$0	–	-649,770	–	-2.56%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-941,567	–	-2.62%	–

Q2 2013

			Value		Shares		↓ Weighting
CSCO	New	Cisco Systems Inc	$22,913,000	–	941,567	–	2.62%	–
MSFT	New	Microsoft Corp	$22,446,000	–	649,770	–	2.56%	–
KSS	New	Kohls Corp	$19,782,000	–	391,655	–	2.26%	–
JNJ	New	Johnson And Johnson	$19,082,000	–	222,240	–	2.18%	–
AFL	New	Aflac Inc	$18,938,000	–	325,845	–	2.16%	–
WAG	New	Walgreen Co	$18,769,000	–	424,629	–	2.14%	–
BBT	New	BB&T Corporation	$18,377,000	–	542,400	–	2.10%	–
RDSA	New	Royal Dutch Shell	$17,237,000	–	270,165	–	1.97%	–
SPLS	New	Staples Inc	$16,984,000	–	1,070,195	–	1.94%	–
INTC	New	Intel Corp	$16,768,000	–	692,050	–	1.91%	–
ESV	New	Ensco PLC SHS CL A	$16,327,000	–	280,915	–	1.86%	–
PFE	New	Pfizer Inc	$15,147,000	–	540,765	–	1.73%	–
CA	New	CA INC	$15,100,000	–	527,600	–	1.72%	–
JPM	New	JP Morgan Chase & Co	$13,630,000	–	258,200	–	1.56%	–
SE	New	Spectra Energy Corp	$13,537,000	–	392,820	–	1.55%	–
NUE	New	Nucor Corporation	$13,328,000	–	307,665	–	1.52%	–
SYY	New	Sysco Corporation	$12,665,000	–	370,760	–	1.45%	–
MRK	New	Merck & Company, Inc	$12,495,000	–	269,000	–	1.43%	–
BAX	New	Baxter International Inc	$12,489,000	–	180,300	–	1.43%	–
GE	New	General Electric	$12,397,000	–	534,600	–	1.42%	–
BP	New	Bp Plc Spon Adr	$12,351,000	–	295,900	–	1.41%	–
TTE	New	Total SA	$12,343,000	–	253,450	–	1.41%	–
CVX	New	Chevron Corp	$12,325,000	–	104,150	–	1.41%	–
DRI	New	Darden Restaurants Inc	$12,317,000	–	244,000	–	1.41%	–
DD	New	E.I. du Pont de Nemours and Co	$12,280,000	–	233,900	–	1.40%	–
MCD	New	Mcdonalds Corp Com	$12,266,000	–	123,900	–	1.40%	–
GSK	New	Glaxosmithkline PLC	$12,238,000	–	244,910	–	1.40%	–
VOD	New	Vodafone Group	$12,222,000	–	425,200	–	1.40%	–
COP	New	Conocophillips	$12,185,000	–	201,400	–	1.39%	–
TXN	New	Texas Instruments Inc	$12,124,000	–	347,900	–	1.38%	–
WFC	New	Wells Fargo & Co New Del	$12,080,000	–	292,695	–	1.38%	–
VZ	New	Verizon Communicatns Com	$11,996,000	–	238,300	–	1.37%	–
LLY	New	Eli Lilly & Co	$11,723,000	–	238,670	–	1.34%	–
FE	New	First Energy Corp	$11,664,000	–	312,370	–	1.33%	–
T	New	AT&T Corp	$11,101,000	–	313,600	–	1.27%	–
KRFT	New	Kraft Foods Group Inc	$11,023,000	–	197,301	–	1.26%	–
KMB	New	Kimberly Clark Corp	$10,964,000	–	112,870	–	1.25%	–
PPL	New	PPL Corp	$10,787,000	–	356,490	–	1.23%	–
TGT	New	Target Corp Com	$10,749,000	–	156,100	–	1.23%	–
AMAT	New	Applied Material Inc	$10,695,000	–	716,800	–	1.22%	–
ABB	New	ABB LTD	$10,598,000	–	489,300	–	1.21%	–
WM	New	Waste Management Inc New	$10,241,000	–	253,930	–	1.17%	–
BK	New	Bank of New York Mellon	$9,952,000	–	354,788	–	1.14%	–
AEP	New	American Electric Power Co	$9,924,000	–	221,620	–	1.13%	–
DOFSQ	New	Diamond Offshore Drilling Inc	$9,335,000	–	135,700	–	1.07%	–
K	New	Kellogg	$9,313,000	–	145,000	–	1.06%	–
SO	New	Southern Company	$9,183,000	–	208,100	–	1.05%	–
MXIM	New	Maxim Integrated Prods	$8,392,000	–	302,100	–	0.96%	–
DUK	New	Duke Energy Corp New	$8,086,000	–	119,798	–	0.92%	–
EMR	New	Emerson Elec Co	$8,066,000	–	147,900	–	0.92%	–
GIS	New	General Mills Inc	$7,508,000	–	154,700	–	0.86%	–
V107SC	New	Wellpoint Inc	$7,407,000	–	90,500	–	0.85%	–
WMT	New	Wal-Mart Stores Inc	$7,367,000	–	98,900	–	0.84%	–
MOS	New	Mosaic Company	$7,335,000	–	136,310	–	0.84%	–
STT	New	State Street Corp	$7,104,000	–	108,945	–	0.81%	–
KO	New	Coca Cola Company	$6,852,000	–	170,820	–	0.78%	–
TMK	New	Torchmark Corp	$6,679,000	–	102,535	–	0.76%	–
CBRL	New	Cracker Barrel	$6,579,000	–	69,500	–	0.75%	–
BMY	New	Bristol-Myers Squibb Co	$6,577,000	–	147,180	–	0.75%	–
GD	New	General Dynamics Corp	$6,407,000	–	81,800	–	0.73%	–
APA	New	Apache Corp	$6,166,000	–	73,555	–	0.70%	–
NBR	New	Nabors Industries Ltd	$6,148,000	–	401,565	–	0.70%	–
MDT	New	Medtronic Inc	$6,095,000	–	118,415	–	0.70%	–
DOX	New	Amdocs Ltd	$6,079,000	–	163,890	–	0.69%	–
UPS	New	United Parcel Service	$5,950,000	–	68,800	–	0.68%	–
DLB	New	Dolby Laboratories Inc CL A	$5,912,000	–	176,735	–	0.68%	–
PAYX	New	Paychex Inc	$5,677,000	–	155,500	–	0.65%	–
IFF	New	International Flavors & Fragra	$5,422,000	–	72,140	–	0.62%	–
MAT	New	Mattel, Inc.	$5,419,000	–	119,600	–	0.62%	–
NE	New	Noble Corp	$5,293,000	–	140,855	–	0.60%	–
MUR	New	Murphy Oil Corp	$5,218,000	–	85,690	–	0.60%	–
HES	New	Hess Corp	$5,162,000	–	77,635	–	0.59%	–
LH	New	Laboratory Corp of America	$4,980,000	–	49,750	–	0.57%	–
JWN	New	Nordstrom Inc	$4,975,000	–	83,000	–	0.57%	–
JOY	New	Joy Global Inc	$4,870,000	–	100,340	–	0.56%	–
JWA	New	John Wiley & Sons Inc Class A	$4,737,000	–	118,165	–	0.54%	–
DELL	New	Dell Inc	$4,580,000	–	343,725	–	0.52%	–
PEP	New	Pepsico Inc	$4,564,000	–	55,800	–	0.52%	–
TRV	New	Travelers Cos Inc	$4,148,000	–	51,900	–	0.47%	–
VALE	New	Vale	$3,847,000	–	292,510	–	0.44%	–
BHP	New	BHP Billiton Ltd	$3,736,000	–	64,785	–	0.43%	–
ACE	New	Ace Limited	$3,651,000	–	40,800	–	0.42%	–
SYK	New	Stryker Corp	$3,641,000	–	56,290	–	0.42%	–
MCRS	New	Micros Systems Inc	$3,445,000	–	79,840	–	0.39%	–
OXY	New	Occidental Petroleum Corp	$3,310,000	–	37,100	–	0.38%	–
IDCC	New	Interdigital Inc	$2,781,000	–	62,290	–	0.32%	–
FB	New	Facebook Inc	$2,746,000	–	110,351	–	0.31%	–
VAR	New	Varian Medical Sys Inc	$2,603,000	–	38,595	–	0.30%	–
RTN	New	Raytheon Co	$1,375,000	–	20,800	–	0.16%	–
AXANF	New	Axia NetMedia Corp	$1,131,000	–	795,700	–	0.13%	–
MDR	New	McDermott Intl Inc	$1,088,000	–	133,000	–	0.12%	–
STRL	New	Sterling Construction Co Inc	$1,018,000	–	112,378	–	0.12%	–
VSEC	New	VSE Corp	$1,006,000	–	24,500	–	0.12%	–
BKR	New	Michael Baker Corp	$970,000	–	35,770	–	0.11%	–
IDT	New	IDT Corp	$916,000	–	49,000	–	0.10%	–
LUK	New	Leucadia National Corp	$918,000	–	35,000	–	0.10%	–
DIT	New	Amcon Distributing Co	$880,000	–	11,030	–	0.10%	–
BCO	New	Brinks	$870,000	–	34,110	–	0.10%	–
EPAX	New	Ambassadors Group Inc	$823,000	–	231,920	–	0.09%	–
NNBR	New	NN Inc	$811,000	–	71,100	–	0.09%	–
PLSDF	New	Pulse Seismic Inc	$772,000	–	200,000	–	0.09%	–
NICK	New	Nicholas Financial Inc	$732,000	–	48,400	–	0.08%	–
APD	New	Air Products & Chemicals	$705,000	–	7,700	–	0.08%	–
	New	HomeServe	$614,000	–	144,574	–	0.07%	–
CAT	New	Caterpillar Inc Del	$495,000	–	6,000	–	0.06%	–
PM	New	Philip Morris Intl Inc	$485,000	–	5,600	–	0.06%	–
HHC	New	Howard Hughes Corp	$448,000	–	4,000	–	0.05%	–
PCG	New	PG&E	$434,000	–	9,500	–	0.05%	–
PEG	New	Public Service Entrp Grp Inc	$405,000	–	12,400	–	0.05%	–
FLO	New	Flowers Foods Inc Com	$306,000	–	13,883	–	0.04%	–
CNRD	New	Conrad Industries Inc	$283,000	–	10,100	–	0.03%	–
IVZ	New	Invesco LTD	$229,000	–	7,187	–	0.03%	–
BCE	New	BCE Inc	$230,000	–	5,600	–	0.03%	–
PSWS	New	Puresafe Water Systems Inc	$0	–	14,000	–	0.00%	–

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