Raub Brock Capital Management LP Activity Q4 2012-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
SHV	Buy	ISHARES TRshort treas bd	$34,820,144	+0.1%	315,200	+0.1%	6.92%	+6.0%
SUB	Sell	ISHARES TRshrt nat mun etf	$29,967,747	-2.8%	291,345	-1.7%	5.96%	+2.9%
LLY	Sell	ELI LILLY & CO	$23,963,084	+9.3%	44,613	-4.6%	4.76%	+15.7%
PH	Sell	PARKER-HANNIFIN CORP	$22,738,094	-4.9%	58,375	-4.8%	4.52%	+0.7%
CARR	Sell	CARRIER GLOBAL CORPORATION	$22,690,327	+4.6%	411,057	-5.8%	4.51%	+10.8%
INTU	Sell	INTUIT	$22,337,404	+6.7%	43,718	-4.3%	4.44%	+13.0%
ACN	Sell	ACCENTURE PLC IRELAND	$21,509,484	-4.3%	70,038	-3.9%	4.27%	+1.3%
MA	Sell	MASTERCARD INCORPORATEDcl a	$21,274,236	-3.6%	53,735	-4.2%	4.23%	+2.1%
SHW	Sell	SHERWIN WILLIAMS CO	$21,129,203	-8.2%	82,843	-4.5%	4.20%	-2.9%
UNH	Sell	UNITEDHEALTH GROUP INC	$21,089,050	+1.5%	41,828	-3.2%	4.19%	+7.5%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$21,086,154	+5.2%	87,647	-3.9%	4.19%	+11.4%
ABBV	Sell	ABBVIE INC	$20,686,302	+7.5%	138,778	-2.9%	4.11%	+13.8%
LOW	Sell	LOWES COS INC	$19,934,177	-12.3%	95,911	-4.7%	3.96%	-7.1%
ROP	Sell	ROPER TECHNOLOGIES INC	$19,780,795	-3.2%	40,846	-3.9%	3.93%	+2.4%
ZTS	Sell	ZOETIS INCcl a	$19,444,539	-2.2%	111,763	-3.2%	3.86%	+3.5%
IEI	Buy	ISHARES TR3 7 yr treas bd	$19,016,451	-0.7%	168,049	+1.2%	3.78%	+5.2%
SPGI	Sell	S&P GLOBAL INC	$18,368,925	-12.4%	50,269	-3.9%	3.65%	-7.3%
TXN	Sell	TEXAS INSTRS INC	$17,805,368	-14.2%	111,976	-2.9%	3.54%	-9.2%
CNI	Sell	CANADIAN NATL RY CO	$17,677,639	-11.9%	163,183	-1.6%	3.51%	-6.7%
DHI	Sell	D R HORTON INC	$17,315,952	-32.1%	161,124	-23.1%	3.44%	-28.0%
SBUX	Sell	STARBUCKS CORP	$17,296,852	-9.2%	189,513	-1.4%	3.44%	-3.8%
NKE	Sell	NIKE INCcl b	$16,701,300	-14.1%	174,663	-0.8%	3.32%	-9.0%
DG	Buy	DOLLAR GEN CORP NEW	$12,229,420	-28.4%	115,590	+14.8%	2.43%	-24.2%
BIL	Sell	SPDR SER TRbloomberg 1-3 mo	$3,364,215	-12.8%	36,639	-12.8%	0.67%	-7.7%
SHY	Sell	ISHARES TR1 3 yr treas bd	$1,971,215	-6.4%	24,345	-6.2%	0.39%	-0.8%
AAPL	Sell	APPLE INC	$1,020,179	-13.0%	5,959	-1.5%	0.20%	-7.7%
NVO	Buy	NOVO-NORDISK A Sadr	$827,554	+12.4%	9,100	+100.0%	0.16%	+18.8%
NVDA	Sell	NVIDIA CORPORATION	$806,472	+1.9%	1,854	-0.9%	0.16%	+8.1%
VIG	Buy	VANGUARD SPECIALIZED FUNDSdiv app etf	$746,796	-1.9%	4,806	+2.6%	0.15%	+3.5%
ZROZ	New	PIMCO ETF TR25yr+ zero u s	$613,114	–	8,430	–	0.12%	–
GOOGL	Sell	ALPHABET INCcap stk cl a	$560,081	+7.8%	4,280	-1.4%	0.11%	+14.4%
AMZN	Buy	AMAZON COM INC	$508,972	-2.5%	4,004	+0.0%	0.10%	+3.1%
ASML	Buy	ASML HOLDING N V	$366,736	-11.7%	623	+8.7%	0.07%	-6.4%
WLTW	Sell	WILLIS TOWERS WATSON PLC LTD	$323,888	-21.4%	1,550	-11.4%	0.06%	-16.9%
ULTA	Buy	ULTA BEAUTY INC	$319,560	-5.7%	800	+11.1%	0.06%	-1.6%
RIO	Buy	RIO TINTO PLCsponsored adr	$310,245	+8.0%	4,875	+8.3%	0.06%	+14.8%
ALB	New	ALBEMARLE CORP	$304,882	–	1,793	–	0.06%	–
HD	Sell	HOME DEPOT INC	$306,693	-16.6%	1,015	-14.3%	0.06%	-11.6%
SCHD	Buy	SCHWAB STRATEGIC TRus dividend eq	$267,364	-1.8%	3,778	+0.7%	0.05%	+3.9%
DIS	Sell	DISNEY WALT CO	$264,223	-10.5%	3,260	-1.5%	0.05%	-3.6%
CVX	Buy	CHEVRON CORP NEW	$268,785	+7.6%	1,594	+0.4%	0.05%	+12.8%
SCHM	Buy	SCHWAB STRATEGIC TRus mid-cap etf	$261,107	-4.0%	3,858	+0.7%	0.05%	+2.0%
DXCM	Exit	DEXCOM INC	$0	–	-1,980	–	-0.05%	–
WPC	Exit	WP CAREY INC	$0	–	-5,390	–	-0.07%	–
O	Exit	REALTY INCOME CORP	$0	–	-6,075	–	-0.07%	–
EDV	Exit	VANGUARD WORLD FDextended dur	$0	–	-8,770	–	-0.14%	–

Q2 2023

			Value		Shares		↓ Weighting
SHV	New	ISHARES TRshort treas bd	$34,787,376	–	314,960	–	6.53%	–
SUB	New	ISHARES TRshrt nat mun etf	$30,835,376	–	296,380	–	5.79%	–
DHI	New	D R HORTON INC	$25,483,743	–	209,415	–	4.78%	–
PH	New	PARKER-HANNIFIN CORP	$23,905,141	–	61,289	–	4.49%	–
SHW	New	SHERWIN WILLIAMS CO	$23,028,489	–	86,730	–	4.32%	–
LOW	New	LOWES COS INC	$22,723,966	–	100,682	–	4.26%	–
ACN	New	ACCENTURE PLC IRELAND	$22,484,838	–	72,866	–	4.22%	–
MA	New	MASTERCARD INCORPORATEDcl a	$22,061,133	–	56,092	–	4.14%	–
LLY	New	LILLY ELI & CO	$21,928,032	–	46,757	–	4.12%	–
CARR	New	CARRIER GLOBAL CORPORATION	$21,690,516	–	436,341	–	4.07%	–
SPGI	New	S&P GLOBAL INC	$20,973,312	–	52,317	–	3.94%	–
INTU	New	INTUIT	$20,937,909	–	45,697	–	3.93%	–
UNH	New	UNITEDHEALTH GROUP INC	$20,777,086	–	43,228	–	3.90%	–
TXN	New	TEXAS INSTRS INC	$20,757,505	–	115,307	–	3.90%	–
ROP	New	ROPER TECHNOLOGIES INC	$20,443,409	–	42,520	–	3.84%	–
CNI	New	CANADIAN NATL RY CO	$20,069,841	–	165,771	–	3.77%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$20,042,122	–	91,188	–	3.76%	–
ZTS	New	ZOETIS INCcl a	$19,883,917	–	115,463	–	3.73%	–
NKE	New	NIKE INCcl b	$19,434,468	–	176,085	–	3.65%	–
ABBV	New	ABBVIE INC	$19,248,892	–	142,870	–	3.61%	–
IEI	New	ISHARES TR3 7 yr treas bd	$19,144,110	–	166,095	–	3.59%	–
SBUX	New	STARBUCKS CORP	$19,040,777	–	192,215	–	3.57%	–
DG	New	DOLLAR GEN CORP NEW	$17,089,929	–	100,659	–	3.21%	–
BIL	New	SPDR SER TRbloomberg 1-3 mo	$3,857,733	–	42,014	–	0.72%	–
SHY	New	ISHARES TR1 3 yr treas bd	$2,105,243	–	25,965	–	0.40%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$1,344,905	–	14,265	–	0.25%	–
AAPL	New	APPLE INC	$1,172,888	–	6,047	–	0.22%	–
MSFT	New	MICROSOFT CORP	$1,074,404	–	3,155	–	0.20%	–
XOM	New	EXXON MOBIL CORP	$946,589	–	8,826	–	0.18%	–
XBI	New	SPDR SER TRs&p biotech	$840,320	–	10,100	–	0.16%	–
NVDA	New	NVIDIA CORPORATION	$791,048	–	1,870	–	0.15%	–
EDV	New	VANGUARD WORLD FDextended dur	$763,604	–	8,770	–	0.14%	–
VIG	New	VANGUARD SPECIALIZED FUNDSdiv app etf	$760,969	–	4,685	–	0.14%	–
GOOG	New	ALPHABET INCcap stk cl c	$747,595	–	6,180	–	0.14%	–
NVO	New	NOVO-NORDISK A Sadr	$736,327	–	4,550	–	0.14%	–
COST	New	COSTCO WHSL CORP NEW	$677,821	–	1,259	–	0.13%	–
COWZ	New	PACER FDS TRus cash cows 100	$572,047	–	11,950	–	0.11%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$553,174	–	6,815	–	0.10%	–
AMZN	New	AMAZON COM INC	$521,788	–	4,003	–	0.10%	–
GOOGL	New	ALPHABET INCcap stk cl a	$519,498	–	4,340	–	0.10%	–
OIH	New	VANECK ETF TRUSToil services etf	$496,110	–	1,725	–	0.09%	–
LNC	New	LINCOLN NATL CORP IND	$437,920	–	17,000	–	0.08%	–
ASML	New	ASML HOLDING N V	$415,282	–	573	–	0.08%	–
WLTW	New	WILLIS TOWERS WATSON PLC LTD	$412,125	–	1,750	–	0.08%	–
PGR	New	PROGRESSIVE CORP	$383,873	–	2,900	–	0.07%	–
TSLA	New	TESLA INC	$384,802	–	1,470	–	0.07%	–
HD	New	HOME DEPOT INC	$367,652	–	1,184	–	0.07%	–
O	New	REALTY INCOME CORP	$363,225	–	6,075	–	0.07%	–
WPC	New	WP CAREY INC	$364,149	–	5,390	–	0.07%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$352,000	–	8,800	–	0.07%	–
ULTA	New	ULTA BEAUTY INC	$338,829	–	720	–	0.06%	–
PBR	New	PETROLEO BRASILEIRO SA PETROsponsored adr	$337,148	–	24,378	–	0.06%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$313,050	–	600	–	0.06%	–
DE	New	DEERE & CO	$309,971	–	765	–	0.06%	–
IVV	New	ISHARES TRcore s&p500 etf	$309,762	–	695	–	0.06%	–
DIS	New	DISNEY WALT CO	$295,354	–	3,308	–	0.06%	–
RIO	New	RIO TINTO PLCsponsored adr	$287,280	–	4,500	–	0.05%	–
JPM	New	JPMORGAN CHASE & CO	$279,536	–	1,922	–	0.05%	–
NFLX	New	NETFLIX INC	$274,866	–	624	–	0.05%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$272,313	–	3,750	–	0.05%	–
SCHM	New	SCHWAB STRATEGIC TRus mid-cap etf	$272,055	–	3,830	–	0.05%	–
CAT	New	CATERPILLAR INC	$263,028	–	1,069	–	0.05%	–
DXCM	New	DEXCOM INC	$254,450	–	1,980	–	0.05%	–
CVX	New	CHEVRON CORP NEW	$249,910	–	1,588	–	0.05%	–
CERS	New	CERUS CORP	$72,322	–	29,399	–	0.01%	–

Q4 2022

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.02%	–
ULTA	Exit	ULTA SALON COSMETICS & FRAGRAN	$0	–	-500	–	-0.04%	–
BAC	Exit	Bankamerica Corp New	$0	–	-6,700	–	-0.04%	–
RIO	Exit	Rio Tinto plc ADRsponsored adr	$0	–	-3,800	–	-0.04%	–
SCHM	Exit	Schwab US Mid Cap ETFus mid-cap etf	$0	–	-3,761	–	-0.05%	–
O	Exit	REALTY INCOME CORP	$0	–	-4,025	–	-0.05%	–
FCX	Exit	Freeport Mcmoran Coppercl b	$0	–	-8,800	–	-0.05%	–
IVV	Exit	iShares Tr S&P 500s&p 100 etf	$0	–	-665	–	-0.05%	–
WPC	Exit	Wp Carey Inc Com Usd0.001	$0	–	-3,640	–	-0.05%	–
EQNR	Exit	Equinor A S Asponsored adr	$0	–	-7,800	–	-0.05%	–
INVH	Exit	Invitation Homes Inc	$0	–	-8,071	–	-0.06%	–
NVDA	Exit	Nvidia Corp	$0	–	-2,308	–	-0.06%	–
XBI	Exit	SPDR S&P Biotech ETFsbi healthcare	$0	–	-3,500	–	-0.06%	–
PFE	Exit	Pfizer Incorporated	$0	–	-6,351	–	-0.06%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC.	$0	–	-600	–	-0.06%	–
TGT	Exit	Target Corporation	$0	–	-2,103	–	-0.06%	–
COWZ	Exit	Pacer US Cash Cowsus cash cows 100	$0	–	-7,600	–	-0.06%	–
F	Exit	Ford Motor Company New	$0	–	-27,666	–	-0.06%	–
PBR	Exit	PETROLEO BRASILEIRO SA ADR SPOsponsored adr	$0	–	-25,548	–	-0.07%	–
JHMT	Exit	John Hancock Multifactor Techn	$0	–	-4,861	–	-0.07%	–
HD	Exit	Home Depot Inc	$0	–	-1,183	–	-0.07%	–
PGR	Exit	PROGRESSIVE CORPORATION	$0	–	-2,900	–	-0.07%	–
GOOGL	Exit	Alphabet Inc Class Acap stk cl a	$0	–	-3,540	–	-0.07%	–
MSFT	Exit	Microsoft Corp	$0	–	-1,550	–	-0.08%	–
AMZN	Exit	AMAZON.COM	$0	–	-3,228	–	-0.08%	–
OIH	Exit	Vaneck Oil Services Etfoil svcs etf	$0	–	-1,725	–	-0.08%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-2,840	–	-0.08%	–
TSLA	Exit	Tesla Motors Inc	$0	–	-1,470	–	-0.08%	–
JPM	Exit	J P Morgan Chase & Co	$0	–	-3,779	–	-0.08%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-4,550	–	-0.10%	–
GOOG	Exit	Alphabet Inc Class Ccap stk cl c	$0	–	-4,980	–	-0.10%	–
XLF	Exit	Financial Select Sector SPDRsbi int-finl	$0	–	-16,000	–	-0.10%	–
COST	Exit	Costco Whsl Corp New	$0	–	-1,202	–	-0.12%	–
XLE	Exit	Sector SPDR Engy Selectenergy	$0	–	-8,040	–	-0.12%	–
WLTW	Exit	Willis Towers Watson	$0	–	-2,900	–	-0.12%	–
AAPL	Exit	Apple Computer Inc	$0	–	-4,646	–	-0.13%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-8,826	–	-0.16%	–
STIP	Exit	Ishares 0-5 Year Tips0-5 yr tips etf	$0	–	-9,700	–	-0.20%	–
NOBL	Exit	Proshares S&P 500 Dividend Aris&p 500 dv arist	$0	–	-13,665	–	-0.23%	–
BIL	Exit	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$0	–	-18,278	–	-0.35%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-192,195	–	-3.33%	–
CARR	Exit	Carrier Global Corporation Com	$0	–	-453,696	–	-3.37%	–
ROP	Exit	Roper Industries Inc.	$0	–	-45,332	–	-3.40%	–
DHI	Exit	D R Horton Co	$0	–	-244,945	–	-3.44%	–
SPGI	Exit	S&P Global Inc	$0	–	-54,305	–	-3.46%	–
AMT	Exit	American Tower Corporation	$0	–	-79,324	–	-3.56%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-83,862	–	-3.58%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-61,074	–	-3.62%	–
SBUX	Exit	Starbucks Corp	$0	–	-209,490	–	-3.68%	–
ZTS	Exit	Zoetis Inc	$0	–	-121,451	–	-3.76%	–
SHY	Exit	iShares 1-3 Year Treasury ETF1-3 yr treas bd	$0	–	-229,370	–	-3.89%	–
TXN	Exit	Texas Instruments Inc	$0	–	-121,925	–	-3.94%	–
CNI	Exit	Canadian National Railway Co	$0	–	-177,307	–	-4.00%	–
ACN	Exit	Accenture PLC	$0	–	-77,229	–	-4.15%	–
CDW	Exit	CDW Corp	$0	–	-130,785	–	-4.26%	–
LOW	Exit	Lowes Companies Inc	$0	–	-109,109	–	-4.28%	–
ABBV	Exit	Abbvie Inc	$0	–	-159,685	–	-4.47%	–
DG	Exit	Dollar General	$0	–	-90,179	–	-4.52%	–
LLY	Exit	Eli Lilly	$0	–	-68,900	–	-4.65%	–
ADP	Exit	Automatic Data Processing	$0	–	-102,488	–	-4.84%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-49,330	–	-5.20%	–
SUB	Exit	iShares S&P Short Term Nat'l Mshrt nat mun etf	$0	–	-285,330	–	-6.11%	–
SHV	Exit	Ishares Short Treasuryshort treas bd	$0	–	-304,985	–	-7.00%	–

Q3 2022

			Value		Shares		↓ Weighting
SHV	Buy	Ishares Short Treasuryshort treas bd	$33,548,000	+22.1%	304,985	+22.2%	7.00%	+33.5%
SUB	Buy	iShares S&P Short Term Nat'l Mshrt nat mun etf	$29,292,000	+17.8%	285,330	+20.1%	6.11%	+28.7%
UNH	Sell	UnitedHealth Group, Inc.	$24,914,000	-13.9%	49,330	-12.4%	5.20%	-5.8%
ADP	Sell	Automatic Data Processing	$23,182,000	+0.1%	102,488	-7.1%	4.84%	+9.4%
LLY	Sell	Eli Lilly	$22,279,000	-6.2%	68,900	-6.0%	4.65%	+2.5%
DG	Sell	Dollar General	$21,630,000	-8.7%	90,179	-6.5%	4.52%	-0.2%
ABBV	Sell	Abbvie Inc	$21,431,000	-22.7%	159,685	-11.8%	4.47%	-15.5%
LOW	Sell	Lowes Companies Inc	$20,492,000	+1.3%	109,109	-5.8%	4.28%	+10.7%
CDW	Sell	CDW Corp	$20,413,000	-6.8%	130,785	-5.9%	4.26%	+1.9%
ACN	Sell	Accenture PLC	$19,871,000	-12.5%	77,229	-5.6%	4.15%	-4.3%
CNI	Sell	Canadian National Railway Co	$19,147,000	-9.9%	177,307	-6.1%	4.00%	-1.5%
TXN	Sell	Texas Instruments Inc	$18,872,000	-4.6%	121,925	-5.3%	3.94%	+4.3%
SHY	Buy	iShares 1-3 Year Treasury ETF1-3 yr treas bd	$18,627,000	+31.1%	229,370	+33.7%	3.89%	+43.4%
ZTS	Sell	Zoetis Inc	$18,010,000	-18.1%	121,451	-5.1%	3.76%	-10.5%
SBUX	Sell	Starbucks Corp	$17,652,000	+5.1%	209,490	-4.7%	3.68%	+14.9%
MA	Sell	Mastercard, Inc.cl a	$17,366,000	-14.7%	61,074	-5.4%	3.62%	-6.7%
SHW	Sell	Sherwin-Williams Co	$17,171,000	-13.0%	83,862	-4.9%	3.58%	-4.9%
AMT	Sell	American Tower Corporation	$17,031,000	-20.8%	79,324	-5.7%	3.56%	-13.4%
SPGI	Sell	S&P Global Inc	$16,582,000	-14.3%	54,305	-5.4%	3.46%	-6.3%
DHI	Sell	D R Horton Co	$16,497,000	-3.5%	244,945	-5.2%	3.44%	+5.5%
ROP	Sell	Roper Industries Inc.	$16,303,000	-13.6%	45,332	-5.2%	3.40%	-5.5%
CARR	Sell	Carrier Global Corporation Com	$16,133,000	-5.6%	453,696	-5.3%	3.37%	+3.2%
NKE	Buy	Nike, Inc. Class Bcl b	$15,975,000	-6.1%	192,195	+15.5%	3.33%	+2.7%
BIL	Buy	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$1,674,000	+37.8%	18,278	+37.6%	0.35%	+50.4%
WLTW	Sell	Willis Towers Watson	$583,000	-7.8%	2,900	-9.4%	0.12%	+0.8%
GOOG	Buy	Alphabet Inc Class Ccap stk cl c	$479,000	+13.0%	4,980	+2467.0%	0.10%	+23.5%
TSLA	Buy	Tesla Motors Inc	$390,000	+18.2%	1,470	+200.0%	0.08%	+28.6%
VIG	Sell	Vanguard Dividend Appreciationdiv app etf	$384,000	-10.9%	2,840	-5.4%	0.08%	-2.4%
OIH	New	Vaneck Oil Services Etfoil svcs etf	$364,000	–	1,725	–	0.08%	–
MSFT	Buy	Microsoft Corp	$361,000	+17.2%	1,550	+29.2%	0.08%	+27.1%
GOOGL	Buy	Alphabet Inc Class Acap stk cl a	$339,000	-12.2%	3,540	+1900.0%	0.07%	-4.1%
JHMT	Buy	John Hancock Multifactor Techn	$323,000	-5.3%	4,861	+0.3%	0.07%	+3.1%
F	Buy	Ford Motor Company New	$310,000	+30.3%	27,666	+29.2%	0.06%	+44.4%
COWZ	New	Pacer US Cash Cowsus cash cows 100	$312,000	–	7,600	–	0.06%	–
XBI	New	SPDR S&P Biotech ETFsbi healthcare	$278,000	–	3,500	–	0.06%	–
IVV	Buy	iShares Tr S&P 500s&p 100 etf	$239,000	-3.2%	665	+2.0%	0.05%	+6.4%
SCHM	Buy	Schwab US Mid Cap ETFus mid-cap etf	$228,000	-2.6%	3,761	+0.9%	0.05%	+6.7%
ULTA	New	ULTA SALON COSMETICS & FRAGRAN	$201,000	–	500	–	0.04%	–
SCHD	Exit	Schwab US Dividendus dividend eq	$0	–	-2,958	–	-0.04%	–
MDT	Exit	Medtronic PLC	$0	–	-2,980	–	-0.05%	–
VTIP	Exit	Vanguard Short-Term TIPS ETFstrm infproidx	$0	–	-6,341	–	-0.06%	–
IEO	Exit	Ishares US Oil Gas Exlus oil gs ex etf	$0	–	-5,000	–	-0.07%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-94,760	–	-1.65%	–
VTV	Exit	Vanguard Valuevalue etf	$0	–	-68,219	–	-1.72%	–

Q2 2022

			Value		Shares		↓ Weighting
UNH	New	UnitedHealth Group, Inc.	$28,920,000	–	56,305	–	5.52%	–
ABBV	New	Abbvie Inc	$27,741,000	–	181,127	–	5.30%	–
SHV	New	Ishares Short Treasuryshort treas bd	$27,472,000	–	249,515	–	5.24%	–
SUB	New	iShares S&P Short Term Nat'l Mshrt nat mun etf	$24,875,000	–	237,655	–	4.75%	–
LLY	New	Eli Lilly	$23,755,000	–	73,267	–	4.54%	–
DG	New	Dollar General	$23,685,000	–	96,498	–	4.52%	–
ADP	New	Automatic Data Processing	$23,163,000	–	110,278	–	4.42%	–
ACN	New	Accenture PLC	$22,712,000	–	81,800	–	4.34%	–
ZTS	New	Zoetis Inc	$21,995,000	–	127,959	–	4.20%	–
CDW	New	CDW Corp	$21,895,000	–	138,960	–	4.18%	–
AMT	New	American Tower Corporation	$21,497,000	–	84,107	–	4.10%	–
CNI	New	Canadian National Railway Co	$21,245,000	–	188,891	–	4.06%	–
MA	New	Mastercard, Inc.cl a	$20,360,000	–	64,536	–	3.89%	–
LOW	New	Lowes Companies Inc	$20,238,000	–	115,867	–	3.86%	–
TXN	New	Texas Instruments Inc	$19,788,000	–	128,789	–	3.78%	–
SHW	New	Sherwin-Williams Co	$19,748,000	–	88,196	–	3.77%	–
SPGI	New	S&P Global Inc	$19,346,000	–	57,397	–	3.69%	–
ROP	New	Roper Industries Inc.	$18,870,000	–	47,816	–	3.60%	–
DHI	New	D R Horton Co	$17,100,000	–	258,342	–	3.26%	–
CARR	New	Carrier Global Corporation Com	$17,086,000	–	479,137	–	3.26%	–
NKE	New	Nike, Inc. Class Bcl b	$17,008,000	–	166,415	–	3.25%	–
SBUX	New	Starbucks Corp	$16,792,000	–	219,821	–	3.21%	–
SHY	New	iShares 1-3 Year Treasury ETF1-3 yr treas bd	$14,204,000	–	171,565	–	2.71%	–
VTV	New	Vanguard Valuevalue etf	$8,997,000	–	68,219	–	1.72%	–
VNQ	New	Vanguard REIT ETFreit etf	$8,634,000	–	94,760	–	1.65%	–
BIL	New	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$1,215,000	–	13,279	–	0.23%	–
NOBL	New	Proshares S&P 500 Dividend Aris&p 500 dv arist	$1,166,000	–	13,665	–	0.22%	–
STIP	New	Ishares 0-5 Year Tips0-5 yr tips etf	$984,000	–	9,700	–	0.19%	–
XOM	New	Exxon Mobil Corporation	$756,000	–	8,826	–	0.14%	–
AAPL	New	Apple Computer Inc	$635,000	–	4,646	–	0.12%	–
WLTW	New	Willis Towers Watson	$632,000	–	3,200	–	0.12%	–
XLE	New	Sector SPDR Engy Selectenergy	$575,000	–	8,040	–	0.11%	–
COST	New	Costco Whsl Corp New	$576,000	–	1,202	–	0.11%	–
NVO	New	Novo-Nordisk A-S ADRadr	$507,000	–	4,550	–	0.10%	–
XLF	New	Financial Select Sector SPDRsbi int-finl	$503,000	–	16,000	–	0.10%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$431,000	–	3,002	–	0.08%	–
JPM	New	J P Morgan Chase & Co	$426,000	–	3,779	–	0.08%	–
GOOG	New	Alphabet Inc Class Ccap stk cl c	$424,000	–	194	–	0.08%	–
GOOGL	New	Alphabet Inc Class Acap stk cl a	$386,000	–	177	–	0.07%	–
IEO	New	Ishares US Oil Gas Exlus oil gs ex etf	$389,000	–	5,000	–	0.07%	–
NVDA	New	Nvidia Corp	$350,000	–	2,308	–	0.07%	–
JHMT	New	John Hancock Multifactor Techn	$341,000	–	4,846	–	0.06%	–
AMZN	New	AMAZON.COM	$343,000	–	3,228	–	0.06%	–
PFE	New	Pfizer Incorporated	$333,000	–	6,351	–	0.06%	–
PGR	New	PROGRESSIVE CORPORATION	$337,000	–	2,900	–	0.06%	–
TSLA	New	Tesla Motors Inc	$330,000	–	490	–	0.06%	–
HD	New	Home Depot Inc	$325,000	–	1,183	–	0.06%	–
TMO	New	THERMO FISHER SCIENTIFIC INC.	$326,000	–	600	–	0.06%	–
VTIP	New	Vanguard Short-Term TIPS ETFstrm infproidx	$318,000	–	6,341	–	0.06%	–
MSFT	New	Microsoft Corpsbi healthcare	$308,000	–	1,200	–	0.06%	–
WPC	New	Wp Carey Inc Com Usd0.001	$302,000	–	3,640	–	0.06%	–
TGT	New	Target Corporation	$297,000	–	2,103	–	0.06%	–
PBR	New	PETROLEO BRASILEIRO SA ADR SPOsponsored adr	$298,000	–	25,548	–	0.06%	–
INVH	New	Invitation Homes Inc	$287,000	–	8,071	–	0.06%	–
O	New	REALTY INCOME CORP	$275,000	–	4,025	–	0.05%	–
EQNR	New	Equinor A S Asponsored adr	$271,000	–	7,800	–	0.05%	–
MDT	New	Medtronic PLC	$267,000	–	2,980	–	0.05%	–
FCX	New	Freeport Mcmoran Coppercl b	$257,000	–	8,800	–	0.05%	–
IVV	New	iShares Tr S&P 500s&p 100 etf	$247,000	–	652	–	0.05%	–
F	New	Ford Motor Company New	$238,000	–	21,416	–	0.04%	–
SCHM	New	Schwab US Mid Cap ETFus mid-cap etf	$234,000	–	3,728	–	0.04%	–
RIO	New	Rio Tinto plc ADRsponsored adr	$232,000	–	3,800	–	0.04%	–
BAC	New	Bankamerica Corp New	$209,000	–	6,700	–	0.04%	–
SCHD	New	Schwab US Dividendus dividend eq	$212,000	–	2,958	–	0.04%	–
CERS	New	Cerus Corp	$156,000	–	29,399	–	0.03%	–

Q4 2021

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.03%	–
SCHD	Exit	Schwab US Dividendus dividend eq	$0	–	-2,952	–	-0.03%	–
HD	Exit	Home Depot Inc	$0	–	-670	–	-0.03%	–
DIS	Exit	Disney Walt Co	$0	–	-1,335	–	-0.03%	–
LEN	Exit	LENNAR COMPANYcl a	$0	–	-2,500	–	-0.04%	–
AMZN	Exit	AMAZON.COM	$0	–	-78	–	-0.04%	–
MGM	Exit	Mgm Resorts Intl	$0	–	-6,125	–	-0.04%	–
WPC	Exit	Wp Carey Inc Com Usd0.001	$0	–	-3,640	–	-0.04%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MANUFACTUsponsored ads	$0	–	-2,380	–	-0.04%	–
O	Exit	REALTY INCOME CORP	$0	–	-4,025	–	-0.04%	–
BLK	Exit	BLACKROCK INC.	$0	–	-311	–	-0.04%	–
ZM	Exit	Zoom Video Communicationcl a	$0	–	-1,045	–	-0.04%	–
SCHM	Exit	Schwab US Mid Cap ETFus mid-cap etf	$0	–	-3,511	–	-0.04%	–
IVV	Exit	iShares Tr S&P 500s&p 100 etf	$0	–	-630	–	-0.04%	–
FCX	Exit	Freeport Mcmoran Coppercl b	$0	–	-8,800	–	-0.04%	–
ADBE	Exit	ADOBE SYSTEMS INC	$0	–	-525	–	-0.05%	–
PYPL	Exit	Paypal Hldgs Inc Com	$0	–	-1,225	–	-0.05%	–
FB	Exit	Facebook Inc Class Acl a	$0	–	-933	–	-0.05%	–
TGT	Exit	Target Corporation	$0	–	-1,478	–	-0.05%	–
V	Exit	Visa Inc Cl A	$0	–	-1,540	–	-0.05%	–
TSLA	Exit	Tesla Motors Inc	$0	–	-490	–	-0.06%	–
DXCM	Exit	Dexcom Inc	$0	–	-695	–	-0.06%	–
GOOG	Exit	Alphabet Inc Class Ccap stk cl c	$0	–	-151	–	-0.06%	–
VTIP	Exit	Vanguard Short-Term TIPS ETFstrm infproidx	$0	–	-7,988	–	-0.06%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-4,550	–	-0.07%	–
JHMT	Exit	John Hancock Multifactor Techn	$0	–	-4,836	–	-0.07%	–
NFLX	Exit	NETFLIX INC	$0	–	-749	–	-0.07%	–
GOOGL	Exit	Alphabet Inc Class Acap stk cl a	$0	–	-177	–	-0.07%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-3,152	–	-0.07%	–
RTM	Exit	Invesco S&P 500 Equals&p 500 eql mat	$0	–	-3,225	–	-0.08%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-8,876	–	-0.08%	–
NVDA	Exit	Nvidia Corp	$0	–	-2,588	–	-0.08%	–
JPM	Exit	J P Morgan Chase & Co	$0	–	-3,619	–	-0.09%	–
XLF	Exit	Financial Select Sector SPDRsbi int-finl	$0	–	-16,000	–	-0.09%	–
AAPL	Exit	Apple Computer Inc	$0	–	-4,225	–	-0.09%	–
COST	Exit	Costco Whsl Corp New	$0	–	-1,347	–	-0.09%	–
WLTW	Exit	Willis Towers Watson	$0	–	-4,700	–	-0.17%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STOpfd & incm sec	$0	–	-29,800	–	-0.18%	–
NOBL	Exit	Proshares S&P 500 Dividend Arisbi healthcare	$0	–	-13,665	–	-0.18%	–
BIL	Exit	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$0	–	-13,434	–	-0.19%	–
IEI	Exit	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$0	–	-35,865	–	-0.71%	–
XSOE	Exit	WisdomTree Emerg Mkt Ex State-em ex st-owned	$0	–	-246,595	–	-1.40%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-97,246	–	-1.50%	–
VCIT	Exit	Vanguard Interm-Term Corp Bondint-term corp	$0	–	-119,215	–	-1.71%	–
SPHQ	Exit	Invesco S&P 500 High Qualitys&p 500 quality	$0	–	-241,391	–	-1.78%	–
DG	Exit	Dollar General	$0	–	-114,459	–	-3.69%	–
ROP	Exit	Roper Industries Inc.	$0	–	-56,481	–	-3.83%	–
DHI	Exit	D R Horton Co	$0	–	-304,015	–	-3.88%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-74,773	–	-3.95%	–
AMT	Exit	American Tower Corporation	$0	–	-98,765	–	-3.98%	–
CNI	Exit	Canadian National Railway Co	$0	–	-228,224	–	-4.01%	–
SBUX	Exit	Starbucks Corp	$0	–	-239,914	–	-4.02%	–
ABBV	Exit	Abbvie Inc	$0	–	-247,669	–	-4.06%	–
ADP	Exit	Automatic Data Processing	$0	–	-136,507	–	-4.15%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-71,518	–	-4.25%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-194,944	–	-4.30%	–
LOW	Exit	Lowes Companies Inc	$0	–	-143,046	–	-4.41%	–
TXN	Exit	Texas Instruments Inc	$0	–	-151,474	–	-4.42%	–
SPGI	Exit	S&P Global Inc	$0	–	-68,864	–	-4.45%	–
CARR	Exit	Carrier Global Corporation Com	$0	–	-567,188	–	-4.46%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-105,603	–	-4.49%	–
ZTS	Exit	Zoetis Inc	$0	–	-155,669	–	-4.59%	–
CDW	Exit	CDW Corp	$0	–	-169,089	–	-4.68%	–
A	Exit	Agilent Technologies Inc	$0	–	-197,216	–	-4.72%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-374,198	–	-4.86%	–
ACN	Exit	Accenture PLC	$0	–	-102,512	–	-4.98%	–

Q3 2021

			Value		Shares		↓ Weighting
ACN	Sell	Accenture PLC	$32,796,000	+5.2%	102,512	-3.0%	4.98%	-7.2%
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$31,975,000	–	374,198	–	4.86%	–
A	Sell	Agilent Technologies Inc	$31,067,000	+3.7%	197,216	-2.7%	4.72%	-8.5%
CDW	Sell	CDW Corp	$30,778,000	+1.5%	169,089	-2.7%	4.68%	-10.5%
ZTS	Sell	Zoetis Inc	$30,222,000	+1.4%	155,669	-2.7%	4.59%	-10.6%
SHW	Sell	Sherwin-Williams Co	$29,540,000	+0.5%	105,603	-2.1%	4.49%	-11.4%
CARR	Sell	Carrier Global Corporation Com	$29,358,000	+4.5%	567,188	-1.9%	4.46%	-7.8%
SPGI	Sell	S&P Global Inc	$29,260,000	+0.9%	68,864	-2.5%	4.45%	-11.0%
TXN	Sell	Texas Instruments Inc	$29,115,000	-1.6%	151,474	-1.5%	4.42%	-13.2%
LOW	Sell	Lowes Companies Inc	$29,018,000	+2.9%	143,046	-1.6%	4.41%	-9.3%
NKE	Sell	Nike, Inc. Class Bcl b	$28,312,000	-8.2%	194,944	-2.4%	4.30%	-19.0%
UNH	Sell	UnitedHealth Group, Inc.	$27,945,000	-4.1%	71,518	-1.8%	4.25%	-15.5%
ADP	Sell	Automatic Data Processing	$27,290,000	-1.1%	136,507	-1.7%	4.15%	-12.7%
ABBV	Sell	Abbvie Inc	$26,716,000	-5.2%	247,669	-1.1%	4.06%	-16.4%
SBUX	Sell	Starbucks Corp	$26,465,000	-2.7%	239,914	-1.4%	4.02%	-14.2%
CNI	Sell	Canadian National Railway Co	$26,394,000	+9.0%	228,224	-0.5%	4.01%	-3.8%
AMT	Sell	American Tower Corporation	$26,213,000	-3.5%	98,765	-1.8%	3.98%	-14.9%
MA	Sell	Mastercard, Inc.cl a	$25,997,000	-5.2%	74,773	-0.4%	3.95%	-16.4%
DHI	Sell	D R Horton Co	$25,528,000	-7.8%	304,015	-0.8%	3.88%	-18.7%
ROP	Sell	Roper Industries Inc.	$25,198,000	-6.9%	56,481	-1.8%	3.83%	-17.8%
DG	Sell	Dollar General	$24,281,000	-2.7%	114,459	-0.7%	3.69%	-14.2%
SPHQ	New	Invesco S&P 500 High Qualitys&p 500 quality	$11,720,000	–	241,391	–	1.78%	–
VCIT	New	Vanguard Interm-Term Corp Bondint-term corp	$11,255,000	–	119,215	–	1.71%	–
VNQ	New	Vanguard REIT ETFreit etf	$9,898,000	–	97,246	–	1.50%	–
XSOE	New	WisdomTree Emerg Mkt Ex State-em ex st-owned	$9,203,000	–	246,595	–	1.40%	–
IEI	New	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$4,669,000	–	35,865	–	0.71%	–
BIL	New	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$1,229,000	–	13,434	–	0.19%	–
WLTW	New	Willis Towers Watson	$1,093,000	–	4,700	–	0.17%	–
AAPL	Buy	Apple Computer Inc	$598,000	+3.5%	4,225	+0.0%	0.09%	-9.0%
NVDA	Buy	Nvidia Corp	$536,000	+5.1%	2,588	+305.6%	0.08%	-8.0%
VIG	Sell	Vanguard Dividend Appreciationdiv app etf	$484,000	-12.6%	3,152	-11.9%	0.07%	-22.1%
NVO	New	Novo-Nordisk A-S ADRadr	$437,000	–	4,550	–	0.07%	–
JHMT	Buy	John Hancock Multifactor Techn	$437,000	+0.9%	4,836	+0.2%	0.07%	-12.0%
VTIP	New	Vanguard Short-Term TIPS ETFstrm infproidx	$420,000	–	7,988	–	0.06%	–
FCX	New	Freeport Mcmoran Coppercl b	$286,000	–	8,800	–	0.04%	–
IVV	Buy	iShares Tr S&P 500s&p 100 etf	$272,000	+3.8%	630	+3.3%	0.04%	-8.9%
ZM	Buy	Zoom Video Communicationcl a	$273,000	+1.5%	1,045	+50.4%	0.04%	-10.9%
SCHM	Buy	Schwab US Mid Cap ETFus mid-cap etf	$269,000	-0.4%	3,511	+1.7%	0.04%	-12.8%
O	New	REALTY INCOME CORP	$261,000	–	4,025	–	0.04%	–
WPC	New	Wp Carey Inc Com Usd0.001	$266,000	–	3,640	–	0.04%	–
TSM	New	TAIWAN SEMICONDUCTOR MANUFACTUsponsored ads	$266,000	–	2,380	–	0.04%	–
SCHD	Buy	Schwab US Dividendus dividend eq	$219,000	-0.9%	2,952	+0.8%	0.03%	-13.2%

Q2 2021

			Value		Shares		↓ Weighting
ACN	New	Accenture PLC	$31,167,000	–	105,725	–	5.37%	–
NKE	New	Nike, Inc. Class Bcl b	$30,848,000	–	199,677	–	5.31%	–
CDW	New	CDW Corp	$30,336,000	–	173,694	–	5.23%	–
A	New	Agilent Technologies Inc	$29,950,000	–	202,625	–	5.16%	–
ZTS	New	Zoetis Inc	$29,814,000	–	159,983	–	5.14%	–
TXN	New	Texas Instruments Inc	$29,576,000	–	153,802	–	5.10%	–
SHW	New	Sherwin-Williams Co	$29,403,000	–	107,920	–	5.06%	–
UNH	New	UnitedHealth Group, Inc.	$29,154,000	–	72,804	–	5.02%	–
SPGI	New	S&P Global Inc	$29,001,000	–	70,656	–	5.00%	–
LOW	New	Lowes Companies Inc	$28,209,000	–	145,430	–	4.86%	–
ABBV	New	Abbvie Inc	$28,194,000	–	250,306	–	4.86%	–
CARR	New	Carrier Global Corporation Com	$28,102,000	–	578,227	–	4.84%	–
DHI	New	D R Horton Co	$27,684,000	–	306,337	–	4.77%	–
ADP	New	Automatic Data Processing	$27,583,000	–	138,874	–	4.75%	–
MA	New	Mastercard, Inc.cl a	$27,416,000	–	75,095	–	4.72%	–
SBUX	New	Starbucks Corp	$27,210,000	–	243,359	–	4.69%	–
AMT	New	American Tower Corporation	$27,167,000	–	100,566	–	4.68%	–
ROP	New	Roper Industries Inc.	$27,054,000	–	57,537	–	4.66%	–
DG	New	Dollar General	$24,955,000	–	115,323	–	4.30%	–
CNI	New	Canadian National Railway Co	$24,215,000	–	229,481	–	4.17%	–
NOBL	New	Proshares S&P 500 Dividend Aris&p 500 dv arist	$1,238,000	–	13,665	–	0.21%	–
PFF	New	ISHARES S&P U.S. PREFERRED STOpfd & incm sec	$1,172,000	–	29,800	–	0.20%	–
XLF	New	Financial Select Sector SPDRsbi int-finl	$587,000	–	16,000	–	0.10%	–
AAPL	New	Apple Computer Inc	$578,000	–	4,223	–	0.10%	–
JPM	New	J P Morgan Chase & Co	$563,000	–	3,619	–	0.10%	–
XOM	New	Exxon Mobil Corporation	$560,000	–	8,876	–	0.10%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$554,000	–	3,579	–	0.10%	–
COST	New	Costco Whsl Corp New	$533,000	–	1,347	–	0.09%	–
RTM	New	Invesco S&P 500 Equals&p 500 eql mat	$530,000	–	3,225	–	0.09%	–
NVDA	New	Nvidia Corp	$510,000	–	638	–	0.09%	–
JHMT	New	John Hancock Multifactor Techn	$433,000	–	4,824	–	0.08%	–
GOOGL	New	Alphabet Inc Class Acap stk cl a	$432,000	–	177	–	0.07%	–
NFLX	New	NETFLIX INC	$396,000	–	749	–	0.07%	–
GOOG	New	Alphabet Inc Class Ccap stk cl c	$378,000	–	151	–	0.06%	–
V	New	Visa Inc Cl A	$360,000	–	1,540	–	0.06%	–
PYPL	New	Paypal Hldgs Inc Com	$357,000	–	1,225	–	0.06%	–
TGT	New	Target Corporation	$357,000	–	1,478	–	0.06%	–
TSLA	New	Tesla Motors Inc	$333,000	–	490	–	0.06%	–
FB	New	Facebook Inc Class Acl a	$324,000	–	933	–	0.06%	–
ADBE	New	ADOBE SYSTEMS INC	$307,000	–	525	–	0.05%	–
DXCM	New	Dexcom Inc	$297,000	–	695	–	0.05%	–
SCHM	New	Schwab US Mid Cap ETFus mid-cap etf	$270,000	–	3,454	–	0.05%	–
BLK	New	BLACKROCK INC.	$272,000	–	311	–	0.05%	–
ZM	New	Zoom Video Communicationcl a	$269,000	–	695	–	0.05%	–
AMZN	New	AMAZON.COM	$269,000	–	78	–	0.05%	–
IVV	New	iShares Tr S&P 500s&p 100 etf	$262,000	–	610	–	0.04%	–
MGM	New	Mgm Resorts Intl	$261,000	–	6,125	–	0.04%	–
LEN	New	LENNAR COMPANYcl a	$248,000	–	2,500	–	0.04%	–
DIS	New	Disney Walt Co	$235,000	–	1,335	–	0.04%	–
SCHD	New	Schwab US Dividendus dividend eq	$221,000	–	2,929	–	0.04%	–
HD	New	Home Depot Incsbi healthcare	$214,000	–	670	–	0.04%	–
CERS	New	Cerus Corp	$174,000	–	29,399	–	0.03%	–

Q4 2020

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.03%	–
TSLA	Exit	Tesla Motors Inc	$0	–	-490	–	-0.04%	–
BABA	Exit	Alibaba Group Hldgsponsored ads	$0	–	-732	–	-0.04%	–
FB	Exit	Facebook Inc Class Asbi healthcare	$0	–	-895	–	-0.04%	–
TCEHY	Exit	TENCENT HOLDINGS LTD. ADRsponsored ads	$0	–	-3,525	–	-0.04%	–
AMZN	Exit	AMAZON.COM	$0	–	-78	–	-0.04%	–
GOOG	Exit	Alphabet Inc Class Ccap stk cl c	$0	–	-169	–	-0.04%	–
WMT	Exit	WAL-MART STORES INC.	$0	–	-1,750	–	-0.04%	–
GOOGL	Exit	Alphabet Inc Class Acap stk cl a	$0	–	-177	–	-0.04%	–
ADBE	Exit	ADOBE SYSTEMS INC	$0	–	-525	–	-0.04%	–
XLU	Exit	Sector SPDR Utilitiessbi materials	$0	–	-4,500	–	-0.04%	–
TGT	Exit	Target Corporation	$0	–	-1,862	–	-0.05%	–
V	Exit	Visa Inc Cl A	$0	–	-1,486	–	-0.05%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-8,826	–	-0.05%	–
COST	Exit	Costco Whsl Corp New	$0	–	-868	–	-0.05%	–
NFLX	Exit	NETFLIX INC	$0	–	-607	–	-0.05%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-4,552	–	-0.05%	–
JHMT	Exit	John Hancock Multifactor Techn	$0	–	-4,808	–	-0.05%	–
NVDA	Exit	Nvidia Corp	$0	–	-615	–	-0.06%	–
XLF	Exit	Financial Select Sector SPDRsbi int-finl	$0	–	-16,000	–	-0.06%	–
JPM	Exit	J P Morgan Chase & Co	$0	–	-4,099	–	-0.07%	–
AAPL	Exit	Apple Computer Inc	$0	–	-4,062	–	-0.08%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-4,308	–	-0.09%	–
BSV	Exit	Vanguard Short-Term Bond ETFshort trm bond	$0	–	-8,000	–	-0.11%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STOpfd & incm sec	$0	–	-24,750	–	-0.15%	–
NOBL	Exit	Proshares S&P 500 Dividend Aris&p 500 dv arist	$0	–	-13,665	–	-0.17%	–
BIL	Exit	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$0	–	-12,059	–	-0.19%	–
WLTW	Exit	Willis Towers Watson	$0	–	-5,700	–	-0.20%	–
TLH	Exit	iShares 10-20 Year Treasury ET10-20 yr trs etf	$0	–	-30,030	–	-0.85%	–
IEI	Exit	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$0	–	-37,685	–	-0.85%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-95,009	–	-1.27%	–
VCIT	Exit	Vanguard Interm-Term Corp Bondint-term corp	$0	–	-106,360	–	-1.73%	–
SPHQ	Exit	Invesco S&P 500 High Qualitys&p 500 quality	$0	–	-469,535	–	-3.08%	–
ADP	Exit	Automatic Data Processing	$0	–	-140,201	–	-3.31%	–
AMT	Exit	American Tower Corporation	$0	–	-89,237	–	-3.66%	–
HRL	Exit	Hormel Food Corp	$0	–	-451,422	–	-3.74%	–
MDT	Exit	Medtronic PLC	$0	–	-213,978	–	-3.77%	–
SBUX	Exit	Starbucks Corp	$0	–	-265,076	–	-3.86%	–
ROP	Exit	Roper Industries Inc.	$0	–	-57,793	–	-3.87%	–
CDW	Exit	CDW Corp	$0	–	-192,408	–	-3.90%	–
ABBV	Exit	Abbvie Inc	$0	–	-269,178	–	-4.00%	–
DG	Exit	Dollar General	$0	–	-115,159	–	-4.09%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-78,201	–	-4.13%	–
TXN	Exit	Texas Instruments Inc	$0	–	-177,314	–	-4.29%	–
CNI	Exit	Canadian National Railway Co	$0	–	-239,815	–	-4.33%	–
ACN	Exit	Accenture PLC	$0	–	-117,255	–	-4.49%	–
FDS	Exit	Factset Research Systems	$0	–	-79,297	–	-4.50%	–
SPGI	Exit	S&P Global Inc	$0	–	-73,816	–	-4.51%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-79,520	–	-4.56%	–
ZTS	Exit	Zoetis Inc	$0	–	-170,847	–	-4.79%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-41,123	–	-4.86%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-242,400	–	-5.16%	–
LOW	Exit	Lowes Companies Inc	$0	–	-185,057	–	-5.20%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-349,817	–	-5.23%	–

Q3 2020

			Value		Shares		↓ Weighting
BND	Buy	Vanguard Total Bond Market ETFtotal bnd mrkt	$30,861,000	+124.6%	349,817	+124.9%	5.23%	+104.9%
LOW	Sell	Lowes Companies Inc	$30,693,000	+19.0%	185,057	-3.0%	5.20%	+8.6%
NKE	Sell	Nike, Inc. Class Bcl b	$30,431,000	+26.3%	242,400	-1.3%	5.16%	+15.2%
SHW	Sell	Sherwin-Williams Co	$28,652,000	+18.8%	41,123	-1.5%	4.86%	+8.4%
ZTS	Sell	Zoetis Inc	$28,253,000	+18.8%	170,847	-1.6%	4.79%	+8.3%
MA	Sell	Mastercard, Inc.cl a	$26,891,000	+13.5%	79,520	-0.8%	4.56%	+3.5%
SPGI	Sell	S&P Global Inc	$26,618,000	+7.9%	73,816	-1.4%	4.51%	-1.6%
FDS	Sell	Factset Research Systems	$26,555,000	+0.0%	79,297	-1.9%	4.50%	-8.8%
ACN	Sell	Accenture PLC	$26,499,000	+3.7%	117,255	-1.4%	4.49%	-5.4%
CNI	Sell	Canadian National Railway Co	$25,531,000	+19.7%	239,815	-0.4%	4.33%	+9.2%
TXN	Sell	Texas Instruments Inc	$25,319,000	+11.7%	177,314	-0.6%	4.29%	+1.9%
UNH	Sell	UnitedHealth Group, Inc.	$24,381,000	+5.6%	78,201	-0.1%	4.13%	-3.7%
DG	Buy	Dollar General	$24,140,000	+10.1%	115,159	+0.1%	4.09%	+0.4%
ABBV	Sell	Abbvie Inc	$23,577,000	-11.3%	269,178	-0.6%	4.00%	-19.1%
CDW	Buy	CDW Corp	$22,999,000	+3.6%	192,408	+0.7%	3.90%	-5.5%
ROP	Sell	Roper Industries Inc.	$22,835,000	+0.9%	57,793	-0.8%	3.87%	-7.9%
SBUX	Sell	Starbucks Corp	$22,775,000	+16.4%	265,076	-0.3%	3.86%	+6.2%
MDT	Buy	Medtronic PLC	$22,237,000	+13.9%	213,978	+0.5%	3.77%	+3.9%
HRL	Buy	Hormel Food Corp	$22,070,000	+1.4%	451,422	+0.1%	3.74%	-7.6%
AMT	Buy	American Tower Corporation	$21,571,000	-6.2%	89,237	+0.4%	3.66%	-14.4%
ADP	Buy	Automatic Data Processing	$19,557,000	-4.6%	140,201	+1.9%	3.31%	-13.0%
SPHQ	Buy	Invesco S&P 500 High Qualitys&p 500 quality	$18,152,000	+19.3%	469,535	+9.3%	3.08%	+8.8%
VCIT	New	Vanguard Interm-Term Corp Bondint-term corp	$10,189,000	–	106,360	–	1.73%	–
VNQ	Buy	Vanguard REIT ETFreit etf	$7,502,000	+1.0%	95,009	+0.4%	1.27%	-7.9%
IEI	Sell	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$5,034,000	-16.7%	37,685	-16.7%	0.85%	-24.0%
TLH	Sell	iShares 10-20 Year Treasury ET10-20 yr trs etf	$5,000,000	-14.7%	30,030	-14.3%	0.85%	-22.3%
WLTW	Sell	Willis Towers Watson	$1,190,000	+4.2%	5,700	-1.7%	0.20%	-4.7%
BIL	Sell	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$1,104,000	-53.0%	12,059	-53.0%	0.19%	-57.1%
NOBL	Sell	Proshares S&P 500 Dividend Aris&p 500 dv arist	$986,000	-10.1%	13,665	-16.1%	0.17%	-18.1%
PFF	New	ISHARES S&P U.S. PREFERRED STOpfd & incm sec	$902,000	–	24,750	–	0.15%	–
BSV	New	Vanguard Short-Term Bond ETFshort trm bond	$664,000	–	8,000	–	0.11%	–
VIG	Sell	Vanguard Dividend Appreciationdiv app etf	$554,000	0.0%	4,308	-8.9%	0.09%	-8.7%
AAPL	Buy	Apple Computer Inc	$470,000	+33.1%	4,062	+319.2%	0.08%	+21.2%
JHMT	Buy	John Hancock Multifactor Techn	$318,000	+10.4%	4,808	+0.8%	0.05%	0.0%
COST	Buy	Costco Whsl Corp New	$308,000	+35.7%	868	+16.0%	0.05%	+23.8%
V	New	Visa Inc Cl A	$297,000	–	1,486	–	0.05%	–
XLU	Sell	Sector SPDR Utilitiessbi materials	$267,000	-35.7%	4,500	-38.8%	0.04%	-41.6%
ADBE	New	ADOBE SYSTEMS INC	$257,000	–	525	–	0.04%	–
WMT	New	WAL-MART STORES INC.	$245,000	–	1,750	–	0.04%	–
GOOG	New	Alphabet Inc Class Ccap stk cl c	$248,000	–	169	–	0.04%	–
TCEHY	New	TENCENT HOLDINGS LTD. ADRsponsored ads	$238,000	–	3,525	–	0.04%	–
TSLA	New	Tesla Motors Inc	$210,000	–	490	–	0.04%	–
BABA	New	Alibaba Group Hldgsponsored ads	$215,000	–	732	–	0.04%	–
GE	Exit	General Electric Company	$0	–	-21,200	–	-0.03%	–
FUTY	Exit	Fidelity MSCI Utilities ETFmsci utils index	$0	–	-6,250	–	-0.04%	–
GOOGL	Exit	Alphabet Inc Class Ccap stk cl c	$0	–	-169	–	-0.04%	–
SCHF	Exit	Schwab Internationalintl eqty etf	$0	–	-9,282	–	-0.05%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-1,700	–	-0.08%	–
BSCL	Exit	Invesco Bulletshares Corporate	$0	–	-130,105	–	-0.52%	–
BSCM	Exit	Invesco Bulletshares Corporate	$0	–	-131,460	–	-0.53%	–
BSCN	Exit	Invesco Bulletshares Corporate	$0	–	-133,760	–	-0.54%	–
SHY	Exit	iShares 1-3 Year Treasury ETF1-3 yr treas bd	$0	–	-86,665	–	-1.40%	–

Q2 2020

			Value		Shares		↓ Weighting
ABBV	New	Abbvie Inc	$26,592,000	–	270,851	–	4.94%	–
FDS	New	Factset Research Systems	$26,551,000	–	80,832	–	4.93%	–
LOW	New	Lowes Companies Inc	$25,787,000	–	190,847	–	4.79%	–
ACN	New	Accenture PLC	$25,546,000	–	118,973	–	4.75%	–
SPGI	New	S&P Global Inc	$24,677,000	–	74,896	–	4.59%	–
SHW	New	Sherwin-Williams Co	$24,114,000	–	41,731	–	4.48%	–
NKE	New	Nike, Inc. Class Bcl b	$24,089,000	–	245,679	–	4.48%	–
ZTS	New	Zoetis Inc	$23,786,000	–	173,569	–	4.42%	–
MA	New	Mastercard, Inc.cl a	$23,701,000	–	80,152	–	4.40%	–
UNH	New	UnitedHealth Group, Inc.	$23,084,000	–	78,264	–	4.29%	–
AMT	New	American Tower Corporation	$22,985,000	–	88,902	–	4.27%	–
TXN	New	Texas Instruments Inc	$22,659,000	–	178,458	–	4.21%	–
ROP	New	Roper Industries Inc.	$22,624,000	–	58,271	–	4.20%	–
CDW	New	CDW Corp	$22,204,000	–	191,118	–	4.13%	–
DG	New	Dollar General	$21,923,000	–	115,075	–	4.07%	–
HRL	New	Hormel Food Corp	$21,775,000	–	451,102	–	4.05%	–
CNI	New	Canadian National Railway Co	$21,327,000	–	240,798	–	3.96%	–
ADP	New	Automatic Data Processing	$20,490,000	–	137,620	–	3.81%	–
SBUX	New	Starbucks Corp	$19,566,000	–	265,872	–	3.64%	–
MDT	New	Medtronic PLC	$19,529,000	–	212,969	–	3.63%	–
SPHQ	New	Invesco S&P 500 High Qualitys&p 500 quality	$15,215,000	–	429,667	–	2.83%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$13,740,000	–	155,541	–	2.55%	–
SHY	New	iShares 1-3 Year Treasury ETF1-3 yr treas bd	$7,506,000	–	86,665	–	1.40%	–
VNQ	New	Vanguard REIT ETFreit etf	$7,429,000	–	94,603	–	1.38%	–
IEI	New	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,045,000	–	45,225	–	1.12%	–
TLH	New	iShares 10-20 Year Treasury ET10-20 yr trs etf	$5,865,000	–	35,045	–	1.09%	–
BSCN	New	Invesco Bulletshares Corporate	$2,911,000	–	133,760	–	0.54%	–
BSCM	New	Invesco Bulletshares Corporate	$2,868,000	–	131,460	–	0.53%	–
BSCL	New	Invesco Bulletshares Corporate	$2,780,000	–	130,105	–	0.52%	–
BIL	New	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$2,349,000	–	25,665	–	0.44%	–
WLTW	New	Willis Towers Watson	$1,142,000	–	5,800	–	0.21%	–
NOBL	New	Proshares S&P 500 Dividend Aris&p 500 dv arist	$1,097,000	–	16,290	–	0.20%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$554,000	–	4,728	–	0.10%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$421,000	–	1,700	–	0.08%	–
XLU	New	Sector SPDR Utilitiessbi materials	$415,000	–	7,350	–	0.08%	–
XOM	New	Exxon Mobil Corporation	$395,000	–	8,826	–	0.07%	–
JPM	New	J P Morgan Chase & Co	$386,000	–	4,099	–	0.07%	–
XLF	New	Financial Select Sector SPDRsbi int-finl	$370,000	–	16,000	–	0.07%	–
AAPL	New	Apple Computer Inc	$353,000	–	969	–	0.07%	–
NVO	New	Novo-Nordisk A-S ADRadr	$298,000	–	4,552	–	0.06%	–
JHMT	New	John Hancock Multifactor Techn	$288,000	–	4,771	–	0.05%	–
NFLX	New	NETFLIX INC	$276,000	–	607	–	0.05%	–
SCHF	New	Schwab Internationalintl eqty etf	$276,000	–	9,282	–	0.05%	–
GOOGL	New	Alphabet Inc Class Acap stk cl a	$251,000	–	177	–	0.05%	–
GOOGL	New	Alphabet Inc Class Ccap stk cl c	$239,000	–	169	–	0.04%	–
NVDA	New	Nvidia Corp	$234,000	–	615	–	0.04%	–
FUTY	New	Fidelity MSCI Utilities ETFmsci utils index	$228,000	–	6,250	–	0.04%	–
COST	New	Costco Whsl Corp New	$227,000	–	748	–	0.04%	–
TGT	New	Target Corporation	$223,000	–	1,862	–	0.04%	–
AMZN	New	AMAZON.COM	$215,000	–	78	–	0.04%	–
FB	New	Facebook Inc Class Asbi healthcare	$203,000	–	895	–	0.04%	–
CERS	New	Cerus Corp	$194,000	–	29,399	–	0.04%	–
GE	New	General Electric Company	$145,000	–	21,200	–	0.03%	–

Q4 2019

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.03%	–
V	Exit	Visa Inc Cl A	$0	–	-1,211	–	-0.04%	–
PRF	Exit	Powershares RAFI 1000 Indexftse rafi 1000	$0	–	-1,825	–	-0.04%	–
GOOGL	Exit	Alphabet Inc Class Acap stk cl a	$0	–	-174	–	-0.04%	–
SCHM	Exit	Schwab US Mid Cap ETFus mid-cap etf	$0	–	-3,832	–	-0.04%	–
JHMT	Exit	John Hancock Multifactor Techn	$0	–	-4,734	–	-0.05%	–
XAR	Exit	SPDR S&P Aerospace & Defenseaerospace def	$0	–	-2,425	–	-0.05%	–
NOBL	Exit	Proshares S&P 500 Dividend Aris&p 500 dv arist	$0	–	-3,600	–	-0.05%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-5,182	–	-0.05%	–
JPM	Exit	J P Morgan Chase & Co	$0	–	-2,399	–	-0.05%	–
VV	Exit	Vanguard Large-Cap ETFlarge cap etf	$0	–	-2,300	–	-0.06%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-1,700	–	-0.06%	–
AAPL	Exit	Apple Computer Inc	$0	–	-1,798	–	-0.08%	–
VO	Exit	VANGUARD MID CAP ETFmid cap etf	$0	–	-2,880	–	-0.09%	–
VEA	Exit	Vanguard FTSE Developed Marketftse dev mkt etf	$0	–	-11,829	–	-0.09%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-4,642	–	-0.11%	–
SCHD	Exit	Schwab US Dividendus dividend eq	$0	–	-10,588	–	-0.11%	–
VB	Exit	Vanguard Small-Cap ETFsmall cp etf	$0	–	-4,025	–	-0.12%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-8,882	–	-0.12%	–
RSP	Exit	Guggenheim S&P 500 Equal Weighs&p500 eql wgt	$0	–	-6,000	–	-0.12%	–
IVV	Exit	iShares Tr S&P 500s&p 100 etf	$0	–	-2,217	–	-0.13%	–
SUB	Exit	iShares S&P Short Term Nat'l Mshrt nat mun etf	$0	–	-6,650	–	-0.14%	–
VCIT	Exit	Vanguard Interm-Term Corp Bondint-term corp	$0	–	-7,883	–	-0.14%	–
SCHF	Exit	Schwab Internationalintl eqty etf	$0	–	-24,345	–	-0.15%	–
WLTW	Exit	Willis Towers Watson	$0	–	-7,000	–	-0.26%	–
BSCL	Exit	Invesco Bulletshares Corporate	$0	–	-135,930	–	-0.56%	–
BSCM	Exit	Invesco Bulletshares Corporate	$0	–	-138,235	–	-0.57%	–
BSCN	Exit	Invesco Bulletshares Corporate	$0	–	-140,640	–	-0.58%	–
BSCO	Exit	Invesco Bulletshares Corporate	$0	–	-141,705	–	-0.58%	–
BSCP	Exit	Invesco Bulletshares Corporate	$0	–	-142,755	–	-0.59%	–
BSCQ	Exit	Invesco Bulletshares Corporate	$0	–	-152,480	–	-0.60%	–
BIL	Exit	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$0	–	-39,400	–	-0.69%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-74,638	–	-1.21%	–
TLH	Exit	Ishares 10-20 Year Tsury10-20 yr trs etf	$0	–	-43,206	–	-1.24%	–
IJH	Exit	iShares Core S&P Midcapcore s&p mcp etf	$0	–	-42,182	–	-1.57%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-166,211	–	-1.60%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-94,297	–	-1.69%	–
FDX	Exit	FedEx Corp	$0	–	-118,075	–	-3.31%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-84,303	–	-3.52%	–
FDS	Exit	Factset Research Systems	$0	–	-85,122	–	-3.98%	–
CNI	Exit	Canadian National Railway Co	$0	–	-230,818	–	-3.99%	–
LOW	Exit	Lowes Companies Inc	$0	–	-191,455	–	-4.05%	–
TTC	Exit	Toro Co	$0	–	-287,712	–	-4.06%	–
HRL	Exit	Hormel Food Corp	$0	–	-487,000	–	-4.10%	–
ADP	Exit	Automatic Data Processing	$0	–	-134,271	–	-4.17%	–
KEY	Exit	Keycorp Inc	$0	–	-1,228,083	–	-4.21%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-406,198	–	-4.35%	–
SBUX	Exit	Starbucks Corp	$0	–	-257,590	–	-4.38%	–
TXN	Exit	Texas Instruments Inc	$0	–	-178,482	–	-4.44%	–
MDT	Exit	Medtronic PLC	$0	–	-214,278	–	-4.48%	–
ACN	Exit	Accenture PLC	$0	–	-122,644	–	-4.54%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-255,076	–	-4.61%	–
CDW	Exit	CDW Corp	$0	–	-195,582	–	-4.64%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-89,232	–	-4.66%	–
EL	Exit	Estee Lauder Companycl a	$0	–	-127,671	–	-4.88%	–
ZTS	Exit	Zoetis Inc	$0	–	-206,333	–	-4.94%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-47,376	–	-5.01%	–

Q3 2019

			Value		Shares		↓ Weighting
SHW	Buy	Sherwin-Williams Co	$26,050,000	+20.4%	47,376	+0.3%	5.01%	+13.2%
ZTS	Sell	Zoetis Inc	$25,707,000	+9.3%	206,333	-0.4%	4.94%	+2.8%
EL	Buy	Estee Lauder Companycl a	$25,400,000	+8.8%	127,671	+0.2%	4.88%	+2.3%
MA	Buy	Mastercard, Inc.cl a	$24,233,000	+3.2%	89,232	+0.6%	4.66%	-2.9%
CDW	Buy	CDW Corp	$24,104,000	+12.7%	195,582	+1.5%	4.64%	+6.0%
NKE	Buy	Nike, Inc. Class Bcl b	$23,957,000	+14.3%	255,076	+2.1%	4.61%	+7.4%
ACN	Buy	Accenture PLC	$23,591,000	+5.2%	122,644	+1.1%	4.54%	-1.1%
MDT	Buy	Medtronic PLC	$23,275,000	+13.0%	214,278	+1.3%	4.48%	+6.2%
TXN	Buy	Texas Instruments Inc	$23,067,000	+14.3%	178,482	+1.5%	4.44%	+7.5%
SBUX	Sell	Starbucks Corp	$22,776,000	-2.1%	257,590	-7.2%	4.38%	-8.0%
TJX	Buy	TJX Companies, Inc.	$22,641,000	+7.6%	406,198	+2.1%	4.35%	+1.1%
KEY	Buy	Keycorp Inc	$21,909,000	+2.7%	1,228,083	+2.1%	4.21%	-3.5%
ADP	Buy	Automatic Data Processing	$21,674,000	-0.5%	134,271	+1.9%	4.17%	-6.4%
HRL	Buy	Hormel Food Corp	$21,296,000	+11.5%	487,000	+3.3%	4.10%	+4.8%
TTC	Buy	Toro Co	$21,089,000	+12.3%	287,712	+2.5%	4.06%	+5.6%
LOW	Buy	Lowes Companies Inc	$21,052,000	+12.8%	191,455	+3.5%	4.05%	+6.0%
CNI	Buy	Canadian National Railway Co	$20,741,000	-0.7%	230,818	+2.2%	3.99%	-6.7%
FDS	Buy	Factset Research Systems	$20,682,000	-14.3%	85,122	+1.1%	3.98%	-19.4%
UNH	Buy	UnitedHealth Group, Inc.	$18,321,000	-7.2%	84,303	+4.2%	3.52%	-12.8%
FDX	Buy	FedEx Corp	$17,188,000	-5.9%	118,075	+6.1%	3.31%	-11.6%
VNQ	Sell	Vanguard REIT ETFreit etf	$8,793,000	+6.5%	94,297	-0.1%	1.69%	+0.2%
VEU	Buy	Vanguard Intl Equity Indexallwrld ex us	$8,294,000	+2.1%	166,211	+4.3%	1.60%	-4.0%
IJH	Buy	iShares Core S&P Midcapcore s&p mcp etf	$8,151,000	+1.2%	42,182	+1.7%	1.57%	-4.9%
TLH	Buy	Ishares 10-20 Year Tsury10-20 yr trs etf	$6,458,000	+8.7%	43,206	+4.1%	1.24%	+2.2%
BND	Buy	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,302,000	+4.8%	74,638	+3.1%	1.21%	-1.5%
BIL	Buy	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$3,609,000	+724.0%	39,400	+724.3%	0.69%	+671.1%
BSCQ	Sell	Invesco Bulletshares Corporate	$3,117,000	+1.3%	152,480	-0.0%	0.60%	-4.8%
BSCP	Sell	Invesco Bulletshares Corporate	$3,051,000	+0.9%	142,755	-0.1%	0.59%	-5.2%
BSCO	Sell	Invesco Bulletshares Corporate	$3,037,000	+0.4%	141,705	-0.4%	0.58%	-5.7%
BSCN	Sell	Invesco Bulletshares Corporate	$2,994,000	-0.9%	140,640	-1.5%	0.58%	-6.8%
BSCM	Sell	Invesco Bulletshares Corporate	$2,971,000	+0.4%	138,235	-0.0%	0.57%	-5.6%
BSCL	Sell	Invesco Bulletshares Corporate	$2,890,000	+0.3%	135,930	-0.0%	0.56%	-5.6%
WLTW	Sell	Willis Towers Watson	$1,351,000	-4.7%	7,000	-5.4%	0.26%	-10.3%
SCHF	Buy	Schwab Internationalintl eqty etf	$776,000	+257.6%	24,345	+259.6%	0.15%	+238.6%
VCIT	New	Vanguard Interm-Term Corp Bondint-term corp	$719,000	–	7,883	–	0.14%	–
IVV	New	iShares Tr S&P 500s&p 100 etf	$662,000	–	2,217	–	0.13%	–
RSP	Sell	Guggenheim S&P 500 Equal Weighs&p500 eql wgt	$648,000	-12.7%	6,000	-12.8%	0.12%	-17.8%
SCHD	Buy	Schwab US Dividendus dividend eq	$580,000	+3.6%	10,588	+0.3%	0.11%	-2.6%
VIG	Buy	Vanguard Dividend Appreciationdiv app etf	$555,000	+3.9%	4,642	+0.1%	0.11%	-1.8%
VO	Buy	VANGUARD MID CAP ETFmid cap etf	$483,000	+120.5%	2,880	+119.3%	0.09%	+106.7%
VV	Sell	Vanguard Large-Cap ETFlarge cap etf	$314,000	-11.5%	2,300	-12.7%	0.06%	-17.8%
SCHM	Sell	Schwab US Mid Cap ETFus mid-cap etf	$217,000	-3.1%	3,832	-2.5%	0.04%	-8.7%
GOOGL	New	Alphabet Inc Class Acap stk cl a	$212,000	–	174	–	0.04%	–
PRF	New	Powershares RAFI 1000 Indexftse rafi 1000	$215,000	–	1,825	–	0.04%	–
XLV	Exit	Sector SPDR Health Caresbi healthcare	$0	–	-2,173	–	-0.04%	–
PRF	Exit	Powershares RAFI 1000 Indexftse rafi 1000	$0	–	-1,825	–	-0.04%	–

Q2 2019

			Value		Shares		↓ Weighting
FDS	New	Factset Research Systems	$24,124,000	–	84,184	–	4.94%	–
ZTS	New	Zoetis Inc	$23,511,000	–	207,163	–	4.81%	–
MA	New	Mastercard, Inc.cl a	$23,471,000	–	88,726	–	4.80%	–
EL	New	Estee Lauder Companycl a	$23,336,000	–	127,444	–	4.77%	–
SBUX	New	Starbucks Corp	$23,262,000	–	277,494	–	4.76%	–
ACN	New	Accenture PLC	$22,420,000	–	121,342	–	4.59%	–
ADP	New	Automatic Data Processing	$21,777,000	–	131,717	–	4.46%	–
SHW	New	Sherwin-Williams Co	$21,642,000	–	47,224	–	4.43%	–
CDW	New	CDW Corp	$21,380,000	–	192,608	–	4.37%	–
KEY	New	Keycorp Inc	$21,340,000	–	1,202,246	–	4.36%	–
TJX	New	TJX Companies, Inc.	$21,047,000	–	398,022	–	4.31%	–
NKE	New	Nike, Inc. Class Bcl b	$20,966,000	–	249,744	–	4.29%	–
CNI	New	Canadian National Railway Co	$20,892,000	–	225,911	–	4.27%	–
MDT	New	Medtronic PLC	$20,598,000	–	211,496	–	4.21%	–
TXN	New	Texas Instruments Inc	$20,176,000	–	175,808	–	4.13%	–
UNH	New	UnitedHealth Group, Inc.	$19,749,000	–	80,935	–	4.04%	–
HRL	New	Hormel Food Corp	$19,105,000	–	471,265	–	3.91%	–
TTC	New	Toro Co	$18,776,000	–	280,651	–	3.84%	–
LOW	New	Lowes Companies Inc	$18,670,000	–	185,013	–	3.82%	–
FDX	New	FedEx Corp	$18,273,000	–	111,290	–	3.74%	–
VNQ	New	Vanguard REIT ETFreit etf	$8,253,000	–	94,424	–	1.69%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$8,125,000	–	159,336	–	1.66%	–
IJH	New	iShares Core S&P Midcapcore s&p mcp etf	$8,056,000	–	41,472	–	1.65%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,012,000	–	72,374	–	1.23%	–
TLH	New	Ishares 10-20 Year Tsury10-20 yr trs etf	$5,941,000	–	41,510	–	1.22%	–
BSCQ	New	Invesco Bulletshares Corporate	$3,076,000	–	152,485	–	0.63%	–
BSCP	New	Invesco Bulletshares Corporate	$3,024,000	–	142,890	–	0.62%	–
BSCO	New	Invesco Bulletshares Corporate	$3,025,000	–	142,330	–	0.62%	–
BSCN	New	Invesco Bulletshares Corporate	$3,022,000	–	142,845	–	0.62%	–
BSCM	New	Invesco Bulletshares Corporate	$2,959,000	–	138,300	–	0.60%	–
BSCL	New	Invesco Bulletshares Corporate	$2,881,000	–	135,980	–	0.59%	–
WLTW	New	Willis Towers Watson	$1,417,000	–	7,400	–	0.29%	–
RSP	New	Guggenheim S&P 500 Equal Weighs&p500 eql wgt	$742,000	–	6,880	–	0.15%	–
SUB	New	iShares S&P Short Term Nat'l Mshrt nat mun etf	$709,000	–	6,650	–	0.14%	–
XOM	New	Exxon Mobil Corporation	$681,000	–	8,882	–	0.14%	–
VB	New	Vanguard Small-Cap ETFsmall cp etf	$631,000	–	4,025	–	0.13%	–
SCHD	New	Schwab US Dividendus dividend eq	$560,000	–	10,561	–	0.12%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$534,000	–	4,639	–	0.11%	–
VEA	New	Vanguard FTSE Developed Marketftse dev mkt etf	$493,000	–	11,829	–	0.10%	–
BIL	New	Spdr Bloomberg Barclays 1-3 Mospdr bloomberg	$438,000	–	4,780	–	0.09%	–
VV	New	Vanguard Large-Cap ETFlarge cap etf	$355,000	–	2,634	–	0.07%	–
AAPL	New	Apple Computer Inc	$356,000	–	1,798	–	0.07%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$317,000	–	1,700	–	0.06%	–
JPM	New	J P Morgan Chase & Co	$268,000	–	2,399	–	0.06%	–
NVO	New	Novo-Nordisk A-S ADRadr	$264,000	–	5,182	–	0.05%	–
XAR	New	SPDR S&P Aerospace & Defenseaerospace def	$252,000	–	2,425	–	0.05%	–
NOBL	New	Proshares S&P 500 Dividend Aris&p 500 dv arist	$250,000	–	3,600	–	0.05%	–
JHMT	New	John Hancock Multifactor Techn	$233,000	–	4,734	–	0.05%	–
SCHM	New	Schwab US Mid Cap ETFus mid-cap etf	$224,000	–	3,931	–	0.05%	–
VO	New	VANGUARD MID CAP ETFmid cap etf	$219,000	–	1,313	–	0.04%	–
PRF	New	Powershares RAFI 1000 Indexftse rafi 1000	$213,000	–	1,825	–	0.04%	–
SCHF	New	Schwab Internationalintl eqty etf	$217,000	–	6,770	–	0.04%	–
V	New	Visa Inc Cl A	$210,000	–	1,211	–	0.04%	–
XLV	New	Sector SPDR Health Caresbi healthcare	$201,000	–	2,173	–	0.04%	–
CERS	New	Cerus Corp	$165,000	–	29,399	–	0.03%	–

Q4 2018

			Value		Shares		↓ Weighting
JPM	Exit	J P Morgan Chase & Co	$0	–	-1,856	–	-0.05%	–
GOOGL	Exit	Alphabet Inc Class Acap stk cl a	$0	–	-174	–	-0.05%	–
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.05%	–
SCHF	Exit	Schwab Internationalintl eqty etf	$0	–	-6,314	–	-0.05%	–
JHMT	Exit	John Hancock Multifactor Techn	$0	–	-4,734	–	-0.05%	–
AAPL	Exit	Apple Computer Inc	$0	–	-1,022	–	-0.05%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-5,427	–	-0.06%	–
QUAL	Exit	Ishares Edge MSCI USA Qualityusa quality fctr	$0	–	-3,219	–	-0.06%	–
SCHM	Exit	Schwab US Mid Cap ETFus mid-cap etf	$0	–	-5,490	–	-0.07%	–
SCHD	Exit	Schwab US Dividendus dividend eq	$0	–	-6,174	–	-0.07%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-5,278	–	-0.13%	–
SUB	Exit	iShares S&P Short Term Nat'l Mshrt nat mun etf	$0	–	-5,750	–	-0.13%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-9,043	–	-0.17%	–
WLTW	Exit	Willis Towers Watson	$0	–	-8,780	–	-0.27%	–
BSCM	Exit	Invesco Bulletshares Corporate	$0	–	-145,130	–	-0.66%	–
BSCJ	Exit	Invesco Bulletshares Corporate	$0	–	-148,075	–	-0.69%	–
BSCL	Exit	Invesco Bulletshares Corporate	$0	–	-150,760	–	-0.69%	–
BSCO	Exit	Invesco Bulletshares Corporate	$0	–	-156,805	–	-0.70%	–
BSCN	Exit	Invesco Bulletshares Corporate	$0	–	-157,690	–	-0.70%	–
BSCK	Exit	Invesco Bulletshares Corporate	$0	–	-155,150	–	-0.72%	–
IEI	Exit	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$0	–	-52,055	–	-1.37%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-79,532	–	-1.38%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-96,686	–	-1.72%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-156,096	–	-1.80%	–
IJH	Exit	iShares Core S&P Midcapcore s&p mcp etf	$0	–	-41,251	–	-1.84%	–
TTC	Exit	Toro Co	$0	–	-263,567	–	-3.49%	–
SBUX	Exit	Starbucks Corp	$0	–	-295,366	–	-3.71%	–
KEY	Exit	Keycorp Inc	$0	–	-849,064	–	-3.73%	–
TXN	Exit	Texas Instruments Inc	$0	–	-167,758	–	-3.98%	–
FDX	Exit	FedEx Corp	$0	–	-75,077	–	-3.99%	–
HRL	Exit	Hormel Food Corp	$0	–	-469,434	–	-4.09%	–
ZTS	Exit	Zoetis Inc	$0	–	-206,103	–	-4.17%	–
EL	Exit	Estee Lauder Companycl a	$0	–	-130,985	–	-4.21%	–
ADP	Exit	Automatic Data Processing	$0	–	-129,805	–	-4.32%	–
AMGN	Exit	Amgen, Inc.	$0	–	-94,460	–	-4.33%	–
CNI	Exit	Canadian National Railway Co	$0	–	-220,141	–	-4.37%	–
MDT	Exit	Medtronic PLC	$0	–	-203,745	–	-4.43%	–
FDS	Exit	Factset Research Systems	$0	–	-90,827	–	-4.49%	–
LOW	Exit	Lowes Companies Inc	$0	–	-179,204	–	-4.55%	–
ACN	Exit	Accenture PLC	$0	–	-122,110	–	-4.59%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-78,466	–	-4.61%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-46,596	–	-4.69%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-255,127	–	-4.78%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-99,993	–	-4.92%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-203,735	–	-5.04%	–

Q3 2018

			Value		Shares		↓ Weighting
TJX	Sell	TJX Companies, Inc.	$22,822,000	+12.8%	203,735	-4.2%	5.04%	+5.5%
MA	Sell	Mastercard, Inc.cl a	$22,259,000	+8.9%	99,993	-3.9%	4.92%	+1.9%
NKE	Sell	Nike, Inc. Class Bcl b	$21,614,000	-1.1%	255,127	-7.0%	4.78%	-7.5%
SHW	Sell	Sherwin-Williams Co	$21,211,000	+8.1%	46,596	-3.2%	4.69%	+1.2%
UNH	Sell	UnitedHealth Group, Inc.	$20,875,000	+4.3%	78,466	-3.8%	4.61%	-2.5%
ACN	Sell	Accenture PLC	$20,783,000	+2.3%	122,110	-1.6%	4.59%	-4.3%
LOW	Sell	Lowes Companies Inc	$20,576,000	+19.3%	179,204	-0.7%	4.55%	+11.6%
FDS	Sell	Factset Research Systems	$20,319,000	+11.7%	90,827	-1.1%	4.49%	+4.4%
MDT	Sell	Medtronic PLC	$20,042,000	+13.8%	203,745	-1.0%	4.43%	+6.4%
CNI	Sell	Canadian National Railway Co	$19,769,000	+8.5%	220,141	-1.2%	4.37%	+1.5%
AMGN	Sell	Amgen, Inc.	$19,581,000	+11.7%	94,460	-0.5%	4.33%	+4.5%
ADP	New	Automatic Data Processing	$19,556,000	–	129,805	–	4.32%	–
EL	Sell	Estee Lauder Companycl a	$19,035,000	+1.4%	130,985	-0.4%	4.21%	-5.1%
ZTS	Sell	Zoetis Inc	$18,871,000	+6.8%	206,103	-0.6%	4.17%	-0.1%
HRL	Sell	Hormel Food Corp	$18,496,000	+5.1%	469,434	-0.8%	4.09%	-1.7%
FDX	Sell	FedEx Corp	$18,078,000	+5.2%	75,077	-0.8%	3.99%	-1.6%
TXN	Sell	Texas Instruments Inc	$17,999,000	-3.5%	167,758	-0.8%	3.98%	-9.7%
KEY	Sell	Keycorp Inc	$16,888,000	+1.6%	849,064	-0.2%	3.73%	-4.9%
SBUX	Buy	Starbucks Corp	$16,789,000	+18.8%	295,366	+2.1%	3.71%	+11.1%
TTC	Buy	Toro Co	$15,806,000	+0.8%	263,567	+1.2%	3.49%	-5.7%
IJH	Sell	iShares Core S&P Midcapcore s&p mcp etf	$8,303,000	-0.1%	41,251	-3.4%	1.84%	-6.5%
VEU	Sell	Vanguard Intl Equity Indexallwrld ex us	$8,125,000	-1.4%	156,096	-1.8%	1.80%	-7.8%
VNQ	Sell	Vanguard REIT ETFreit etf	$7,801,000	-1.9%	96,686	-1.0%	1.72%	-8.2%
BND	Buy	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,259,000	-0.4%	79,532	+0.2%	1.38%	-6.8%
IEI	Buy	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,198,000	-0.4%	52,055	+0.4%	1.37%	-6.8%
BSCK	New	Invesco Bulletshares Corporate	$3,271,000	–	155,150	–	0.72%	–
BSCN	New	Invesco Bulletshares Corporate	$3,188,000	–	157,690	–	0.70%	–
BSCO	New	Invesco Bulletshares Corporate	$3,152,000	–	156,805	–	0.70%	–
BSCL	New	Invesco Bulletshares Corporate	$3,127,000	–	150,760	–	0.69%	–
BSCJ	New	Invesco Bulletshares Corporate	$3,121,000	–	148,075	–	0.69%	–
BSCM	New	Invesco Bulletshares Corporate	$2,998,000	–	145,130	–	0.66%	–
WLTW	Sell	Willis Towers Watson	$1,237,000	-10.4%	8,780	-3.5%	0.27%	-16.3%
VIG	Sell	Vanguard Dividend Appreciationdiv app etf	$584,000	-25.4%	5,278	-31.5%	0.13%	-30.3%
SCHD	Buy	Schwab US Dividendus dividend eq	$327,000	+8.6%	6,174	+1.1%	0.07%	+1.4%
SCHM	Buy	Schwab US Mid Cap ETFus mid-cap etf	$318,000	+6.7%	5,490	+1.3%	0.07%	0.0%
QUAL	Buy	Ishares Edge MSCI USA Qualityusa quality fctr	$291,000	+8.2%	3,219	+0.0%	0.06%	0.0%
AAPL	New	Apple Computer Inc	$231,000	–	1,022	–	0.05%	–
GOOGL	New	Alphabet Inc Class Acap stk cl a	$210,000	–	174	–	0.05%	–
JPM	New	J P Morgan Chase & Co	$209,000	–	1,856	–	0.05%	–
BSCM	Exit	Invesco Bulletshares Corporategug bull2022 e	$0	–	-144,260	–	-0.70%	–
BSCL	Exit	Invesco Bulletshares Corporategug bull2021 e	$0	–	-149,780	–	-0.73%	–
BSCO	Exit	Invesco Bulletshares Corporategug bull2024 e	$0	–	-155,955	–	-0.74%	–
BSCJ	Exit	Invesco Bulletshares Corporategug bull2019 e	$0	–	-149,155	–	-0.74%	–
BSCN	Exit	Invesco Bulletshares Corporategug bull2023 e	$0	–	-156,935	–	-0.75%	–
BSCK	Exit	Invesco Bulletshares Corporategug bull2020 e	$0	–	-154,060	–	-0.77%	–
CMI	Exit	Cummins, Inc.	$0	–	-111,261	–	-3.50%	–

Q2 2018

			Value		Shares		↓ Weighting
NKE	New	Nike, Inc. Class Bcl b	$21,855,000	–	274,287	–	5.16%	–
MA	New	Mastercard, Inc.cl a	$20,439,000	–	104,003	–	4.83%	–
ACN	New	Accenture PLC	$20,310,000	–	124,154	–	4.80%	–
TJX	New	TJX Companies, Inc.	$20,241,000	–	212,659	–	4.78%	–
UNH	New	UnitedHealth Group, Inc.	$20,018,000	–	81,592	–	4.73%	–
SHW	New	Sherwin-Williams Co	$19,613,000	–	48,122	–	4.63%	–
EL	New	Estee Lauder Companycl a	$18,771,000	–	131,549	–	4.43%	–
TXN	New	Texas Instruments Inc	$18,652,000	–	169,180	–	4.40%	–
CNI	New	Canadian National Railway Co	$18,217,000	–	222,839	–	4.30%	–
FDS	New	Factset Research Systems	$18,198,000	–	91,864	–	4.30%	–
ZTS	New	Zoetis Inc	$17,672,000	–	207,446	–	4.17%	–
MDT	New	Medtronic PLC	$17,614,000	–	205,749	–	4.16%	–
HRL	New	Hormel Food Corp	$17,604,000	–	473,099	–	4.16%	–
AMGN	New	Amgen, Inc.	$17,529,000	–	94,963	–	4.14%	–
LOW	New	Lowes Companies Inc	$17,249,000	–	180,482	–	4.07%	–
FDX	New	FedEx Corp	$17,181,000	–	75,669	–	4.06%	–
KEY	New	Keycorp Inc	$16,619,000	–	850,502	–	3.92%	–
TTC	New	Toro Co	$15,688,000	–	260,388	–	3.70%	–
CMI	New	Cummins, Inc.	$14,798,000	–	111,261	–	3.50%	–
SBUX	New	Starbucks Corp	$14,131,000	–	289,274	–	3.34%	–
IJH	New	iShares Core S&P Midcapcore s&p mcp etf	$8,313,000	–	42,681	–	1.96%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$8,238,000	–	158,916	–	1.95%	–
VNQ	New	Vanguard REIT ETFreit etf	$7,956,000	–	97,676	–	1.88%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,283,000	–	79,345	–	1.48%	–
IEI	New	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,222,000	–	51,850	–	1.47%	–
BSCK	New	Invesco Bulletshares Corporategug bull2020 e	$3,245,000	–	154,060	–	0.77%	–
BSCN	New	Invesco Bulletshares Corporategug bull2023 e	$3,169,000	–	156,935	–	0.75%	–
BSCJ	New	Invesco Bulletshares Corporategug bull2019 e	$3,132,000	–	149,155	–	0.74%	–
BSCO	New	Invesco Bulletshares Corporategug bull2024 e	$3,130,000	–	155,955	–	0.74%	–
BSCL	New	Invesco Bulletshares Corporategug bull2021 e	$3,109,000	–	149,780	–	0.73%	–
BSCM	New	Invesco Bulletshares Corporategug bull2022 e	$2,979,000	–	144,260	–	0.70%	–
WLTW	New	Willis Towers Watson	$1,380,000	–	9,100	–	0.33%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$783,000	–	7,703	–	0.18%	–
XOM	New	Exxon Mobil Corporation	$748,000	–	9,043	–	0.18%	–
SUB	New	iShares S&P Short Term Nat'l Mshrt nat mun etf	$604,000	–	5,750	–	0.14%	–
SCHD	New	Schwab US Dividendus dividend eq	$301,000	–	6,108	–	0.07%	–
SCHM	New	Schwab US Mid Cap ETFus mid-cap etf	$298,000	–	5,422	–	0.07%	–
QUAL	New	Ishares Edge MSCI USA Qualityusa quality fctr	$269,000	–	3,218	–	0.06%	–
NVO	New	Novo-Nordisk A-S ADRadr	$250,000	–	5,427	–	0.06%	–
JHMT	New	John Hancock Multifactor Techn	$213,000	–	4,734	–	0.05%	–
SCHF	New	Schwab Internationalintl eqty etf	$209,000	–	6,314	–	0.05%	–
CERS	New	Cerus Corp	$196,000	–	29,399	–	0.05%	–

Q4 2017

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.02%	–
AAPL	Exit	Apple Computer Inc	$0	–	-1,792	–	-0.07%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-8,679	–	-0.21%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-10,060	–	-0.21%	–
WLTW	Exit	Willis Towers Watson	$0	–	-10,500	–	-0.42%	–
BSCM	Exit	Guggenheim BulletShares Corporgug bull2022 e	$0	–	-136,443	–	-0.75%	–
BSCI	Exit	Guggenheim BulletShares Corporgug bull2018 e	$0	–	-147,000	–	-0.80%	–
BSCL	Exit	Guggenheim BulletShares Corporgug bull2021 e	$0	–	-146,155	–	-0.80%	–
BSCJ	Exit	Guggenheim BulletShares Corporgug bull2019 e	$0	–	-149,485	–	-0.81%	–
BSCN	Exit	Guggenheim BulletShares Corporgug bull2023 e	$0	–	-150,905	–	-0.82%	–
BSCK	Exit	Guggenheim BulletShares Corporgug bull2020 e	$0	–	-151,910	–	-0.84%	–
IEI	Exit	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$0	–	-51,010	–	-1.62%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-78,705	–	-1.65%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-94,331	–	-2.01%	–
IJH	Exit	iShares Core S&P Midcapcore s&p mcp etf	$0	–	-44,191	–	-2.03%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-160,103	–	-2.16%	–
MMP	Exit	Magellan Midstream Partners	$0	–	-184,343	–	-3.36%	–
HRL	Exit	Hormel Food Corp	$0	–	-446,536	–	-3.68%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-280,646	–	-3.73%	–
TTC	Exit	Toro Co	$0	–	-236,715	–	-3.77%	–
SBUX	Exit	Starbucks Corp	$0	–	-274,358	–	-3.78%	–
MDT	Exit	Medtronic PLC	$0	–	-192,848	–	-3.84%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-208,659	–	-3.94%	–
CVS	Exit	CVS Health	$0	–	-191,625	–	-4.00%	–
FDS	Exit	Factset Research Systems	$0	–	-94,088	–	-4.34%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-353,066	–	-4.36%	–
AMGN	Exit	Amgen, Inc.	$0	–	-91,957	–	-4.40%	–
EL	Exit	Estee Lauder Companycl a	$0	–	-160,399	–	-4.43%	–
FDX	Exit	FedEx Corp	$0	–	-77,109	–	-4.46%	–
TD	Exit	Toronto Dominion Bank	$0	–	-310,770	–	-4.48%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-91,259	–	-4.58%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-50,322	–	-4.62%	–
ACN	Exit	Accenture PLC	$0	–	-134,494	–	-4.66%	–
CNI	Exit	Canadian National Railway Co	$0	–	-219,612	–	-4.66%	–
CMI	Exit	Cummins, Inc.	$0	–	-109,491	–	-4.72%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-137,690	–	-4.98%	–

Q3 2017

			Value		Shares		↓ Weighting
MA	Buy	Mastercard, Inc.cl a	$19,442,000	+20.0%	137,690	+3.3%	4.98%	+10.6%
CMI	Buy	Cummins, Inc.	$18,398,000	+8.2%	109,491	+4.4%	4.72%	-0.4%
CNI	Buy	Canadian National Railway Co	$18,195,000	+6.8%	219,612	+4.5%	4.66%	-1.6%
ACN	Buy	Accenture PLC	$18,166,000	+14.4%	134,494	+4.7%	4.66%	+5.4%
SHW	Buy	Sherwin-Williams Co	$18,017,000	+7.8%	50,322	+5.7%	4.62%	-0.6%
UNH	Sell	UnitedHealth Group, Inc.	$17,873,000	-0.5%	91,259	-5.8%	4.58%	-8.4%
TD	Buy	Toronto Dominion Bank	$17,487,000	+17.5%	310,770	+5.2%	4.48%	+8.3%
FDX	New	FedEx Corp	$17,394,000	–	77,109	–	4.46%	–
EL	Buy	Estee Lauder Companycl a	$17,297,000	+18.9%	160,399	+5.8%	4.43%	+9.5%
AMGN	Buy	Amgen, Inc.	$17,145,000	+15.3%	91,957	+6.5%	4.40%	+6.2%
NVO	Buy	Novo-Nordisk A-S ADRadr	$17,000,000	+21.6%	353,066	+8.3%	4.36%	+12.0%
FDS	Buy	Factset Research Systems	$16,946,000	+18.4%	94,088	+9.2%	4.34%	+9.1%
CVS	Buy	CVS Health	$15,583,000	+9.5%	191,625	+8.3%	4.00%	+0.9%
TJX	Buy	TJX Companies, Inc.	$15,384,000	+9.8%	208,659	+7.4%	3.94%	+1.1%
MDT	Buy	Medtronic PLC	$14,998,000	-5.5%	192,848	+7.9%	3.84%	-12.9%
SBUX	Buy	Starbucks Corp	$14,736,000	+1.8%	274,358	+10.5%	3.78%	-6.2%
TTC	Buy	Toro Co	$14,691,000	-2.6%	236,715	+8.7%	3.77%	-10.3%
NKE	Buy	Nike, Inc. Class Bcl b	$14,552,000	-3.3%	280,646	+10.0%	3.73%	-11.0%
HRL	Buy	Hormel Food Corp	$14,352,000	+7.4%	446,536	+13.9%	3.68%	-1.1%
MMP	Buy	Magellan Midstream Partners	$13,099,000	+9.1%	184,343	+9.4%	3.36%	+0.5%
VEU	Sell	Vanguard Intl Equity Indexallwrld ex us	$8,439,000	+5.0%	160,103	-0.4%	2.16%	-3.3%
IJH	Buy	iShares Core S&P Midcapcore s&p mcp etf	$7,906,000	+3.2%	44,191	+0.4%	2.03%	-4.9%
VNQ	Buy	Vanguard REIT ETFreit etf	$7,838,000	+0.5%	94,331	+0.7%	2.01%	-7.4%
BND	Buy	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,451,000	+1.0%	78,705	+0.8%	1.65%	-6.9%
IEI	Buy	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,300,000	+1.1%	51,010	+1.2%	1.62%	-6.8%
BSCK	Buy	Guggenheim BulletShares Corporgug bull2020 e	$3,268,000	+0.6%	151,910	+0.4%	0.84%	-7.3%
BSCN	Sell	Guggenheim BulletShares Corporgug bull2023 e	$3,184,000	-1.1%	150,905	-1.7%	0.82%	-8.9%
BSCJ	Buy	Guggenheim BulletShares Corporgug bull2019 e	$3,177,000	+1.0%	149,485	+1.0%	0.81%	-7.1%
BSCL	Buy	Guggenheim BulletShares Corporgug bull2021 e	$3,122,000	+1.0%	146,155	+0.7%	0.80%	-7.0%
BSCI	Sell	Guggenheim BulletShares Corporgug bull2018 e	$3,115,000	-1.2%	147,000	-0.9%	0.80%	-8.9%
BSCM	Buy	Guggenheim BulletShares Corporgug bull2022 e	$2,921,000	+1.3%	136,443	+0.9%	0.75%	-6.7%
WLTW	Sell	Willis Towers Watson	$1,619,000	+1.2%	10,500	-4.5%	0.42%	-6.7%
VIG	Buy	Vanguard Dividend Appreciationdiv app etf	$823,000	+5.0%	8,679	+2.6%	0.21%	-3.2%
XOM	Sell	Exxon Mobil Corporation	$825,000	-0.5%	10,060	-2.0%	0.21%	-8.7%
SNI	Exit	Scripps Networks Interactive,	$0	–	-196,852	–	-3.74%	–

Q2 2017

			Value		Shares		↓ Weighting
UNH	New	UnitedHealth Group, Inc.	$17,968,000	–	96,906	–	5.00%	–
CNI	New	Canadian National Railway Co	$17,032,000	–	210,138	–	4.74%	–
CMI	New	Cummins, Inc.	$17,007,000	–	104,838	–	4.73%	–
SHW	New	Sherwin-Williams Co	$16,706,000	–	47,601	–	4.65%	–
MA	New	Mastercard, Inc.cl a	$16,196,000	–	133,352	–	4.51%	–
ACN	New	Accenture PLC	$15,882,000	–	128,416	–	4.42%	–
MDT	New	Medtronic PLC	$15,867,000	–	178,783	–	4.42%	–
TTC	New	Toro Co	$15,085,000	–	217,702	–	4.20%	–
NKE	New	Nike, Inc. Class Bcl b	$15,054,000	–	255,157	–	4.19%	–
TD	New	Toronto Dominion Bank	$14,879,000	–	295,334	–	4.14%	–
AMGN	New	Amgen, Inc.	$14,871,000	–	86,345	–	4.14%	–
EL	New	Estee Lauder Companycl a	$14,547,000	–	151,561	–	4.05%	–
SBUX	New	Starbucks Corp	$14,476,000	–	248,264	–	4.03%	–
FDS	New	Factset Research Systems	$14,312,000	–	86,123	–	3.98%	–
CVS	New	CVS Health	$14,231,000	–	176,875	–	3.96%	–
TJX	New	TJX Companies, Inc.	$14,017,000	–	194,220	–	3.90%	–
NVO	New	Novo-Nordisk A-S ADRadr	$13,978,000	–	325,909	–	3.89%	–
SNI	New	Scripps Networks Interactive,	$13,447,000	–	196,852	–	3.74%	–
HRL	New	Hormel Food Corp	$13,367,000	–	391,883	–	3.72%	–
MMP	New	Magellan Midstream Partners	$12,007,000	–	168,468	–	3.34%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$8,039,000	–	160,688	–	2.24%	–
VNQ	New	Vanguard REIT ETFreit etf	$7,799,000	–	93,706	–	2.17%	–
IJH	New	iShares Core S&P Midcapcore s&p mcp etf	$7,660,000	–	44,036	–	2.13%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,386,000	–	78,045	–	1.78%	–
IEI	New	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,229,000	–	50,405	–	1.73%	–
BSCK	New	Guggenheim BulletShares Corporgug bull2020 e	$3,250,000	–	151,285	–	0.90%	–
BSCN	New	Guggenheim BulletShares Corporgug bull2023 e	$3,220,000	–	153,470	–	0.90%	–
BSCI	New	Guggenheim BulletShares Corporgug bull2018 e	$3,153,000	–	148,370	–	0.88%	–
BSCJ	New	Guggenheim BulletShares Corporgug bull2019 e	$3,146,000	–	147,990	–	0.88%	–
BSCL	New	Guggenheim BulletShares Corporgug bull2021 e	$3,091,000	–	145,110	–	0.86%	–
BSCM	New	Guggenheim BulletShares Corporgug bull2022 e	$2,884,000	–	135,293	–	0.80%	–
WLTW	New	Willis Towers Watson	$1,600,000	–	11,000	–	0.44%	–
XOM	New	Exxon Mobil Corporation	$829,000	–	10,270	–	0.23%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$784,000	–	8,461	–	0.22%	–
AAPL	New	Apple Computer Inc	$258,000	–	1,792	–	0.07%	–
CERS	New	Cerus Corp	$74,000	–	29,399	–	0.02%	–

Q4 2016

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.06%	–
AAPL	Exit	Apple Computer Inc	$0	–	-1,792	–	-0.06%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-7,341	–	-0.19%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-10,269	–	-0.28%	–
WLTW	Exit	Willis Towers Watson	$0	–	-18,000	–	-0.74%	–
BSCM	Exit	Guggenheim BulletShares Corporgug bull2022 e	$0	–	-141,003	–	-0.95%	–
BSCH	Exit	Guggenheim BulletShares Corporgug bull2017 e	$0	–	-141,540	–	-1.00%	–
BSCL	Exit	Guggenheim BulletShares Corporgug bull2021 e	$0	–	-152,035	–	-1.02%	–
BSCJ	Exit	Guggenheim BulletShares Corporgug bull2019 e	$0	–	-155,975	–	-1.04%	–
BSCI	Exit	Guggenheim BulletShares Corporgug bull2018 e	$0	–	-162,172	–	-1.08%	–
BSCK	Exit	Guggenheim BulletShares Corporgug bull2020 e	$0	–	-162,550	–	-1.10%	–
IEI	Exit	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$0	–	-49,815	–	-1.96%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-78,450	–	-2.06%	–
IJH	Exit	iShares Core S&P Midcapcore s&p mcp etf	$0	–	-44,506	–	-2.14%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-159,449	–	-2.26%	–
BNDX	Exit	Vanguard Total International Bintl bd idx etf	$0	–	-146,172	–	-2.55%	–
VNQ	Exit	Vanguard REIT ETFreit etf	$0	–	-95,177	–	-2.57%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-253,658	–	-3.28%	–
TROW	Exit	T Rowe Price Group, Inc.	$0	–	-162,644	–	-3.37%	–
CVS	Exit	CVS Health	$0	–	-130,570	–	-3.62%	–
SNI	Exit	Scripps Networks Interactive,	$0	–	-184,524	–	-3.65%	–
MMP	Exit	Magellan Midstream Partners	$0	–	-165,724	–	-3.65%	–
EL	Exit	Estee Lauder Companycl a	$0	–	-132,800	–	-3.66%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-229,684	–	-3.76%	–
TD	Exit	Toronto Dominion Bank	$0	–	-276,410	–	-3.82%	–
SHW	Exit	Sherwin-Williams Co	$0	–	-44,937	–	-3.87%	–
AMGN	Exit	Amgen, Inc.	$0	–	-75,617	–	-3.93%	–
HRL	Exit	Hormel Food Corp	$0	–	-336,297	–	-3.97%	–
FDS	Exit	Factset Research Systems	$0	–	-78,833	–	-3.98%	–
MA	Exit	Mastercard, Inc.cl a	$0	–	-128,929	–	-4.08%	–
TTC	Exit	Toro Co	$0	–	-282,436	–	-4.12%	–
CNI	Exit	Canadian National Railway Co	$0	–	-203,239	–	-4.14%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-180,568	–	-4.20%	–
CMI	Exit	Cummins, Inc.	$0	–	-106,258	–	-4.24%	–
UNH	Exit	UnitedHealth Group, Inc.	$0	–	-100,324	–	-4.37%	–
MDT	Exit	Medtronic PLC	$0	–	-168,736	–	-4.54%	–
ACN	Exit	Accenture PLC	$0	–	-122,888	–	-4.67%	–

Q3 2016

			Value		Shares		↓ Weighting
ACN	Sell	Accenture PLC	$15,013,000	+2.8%	122,888	-4.7%	4.67%	+6.6%
MDT	Sell	Medtronic PLC	$14,579,000	-7.7%	168,736	-7.3%	4.54%	-4.2%
UNH	Sell	UnitedHealth Group, Inc.	$14,045,000	-10.9%	100,324	-10.1%	4.37%	-7.6%
CMI	Sell	Cummins, Inc.	$13,617,000	+4.8%	106,258	-8.0%	4.24%	+8.7%
TJX	Sell	TJX Companies, Inc.	$13,503,000	-7.9%	180,568	-4.9%	4.20%	-4.5%
CNI	Sell	Canadian National Railway Co	$13,292,000	+6.5%	203,239	-3.9%	4.14%	+10.4%
TTC	Buy	Toro Co	$13,229,000	+0.2%	282,436	+88.7%	4.12%	+3.9%
MA	Sell	Mastercard, Inc.cl a	$13,121,000	+9.9%	128,929	-4.9%	4.08%	+14.0%
FDS	Sell	Factset Research Systems	$12,779,000	-12.9%	78,833	-13.3%	3.98%	-9.7%
HRL	Sell	Hormel Food Corp	$12,756,000	-1.3%	336,297	-4.7%	3.97%	+2.4%
AMGN	New	Amgen, Inc.	$12,614,000	–	75,617	–	3.93%	–
SHW	Sell	Sherwin-Williams Co	$12,432,000	-10.0%	44,937	-4.5%	3.87%	-6.7%
TD	Sell	Toronto Dominion Bank	$12,273,000	-1.0%	276,410	-4.3%	3.82%	+2.7%
NKE	Sell	Nike, Inc. Class Bcl b	$12,093,000	-8.9%	229,684	-4.5%	3.76%	-5.5%
EL	Sell	Estee Lauder Companycl a	$11,761,000	-6.5%	132,800	-3.9%	3.66%	-3.1%
MMP	Buy	Magellan Midstream Partners	$11,723,000	-3.1%	165,724	+4.2%	3.65%	+0.6%
SNI	Sell	Scripps Networks Interactive,	$11,715,000	-1.5%	184,524	-3.3%	3.65%	+2.2%
CVS	New	CVS Health	$11,619,000	–	130,570	–	3.62%	–
TROW	Sell	T Rowe Price Group, Inc.	$10,816,000	-9.9%	162,644	-1.2%	3.37%	-6.6%
NVO	Sell	Novo-Nordisk A-S ADRadr	$10,550,000	-24.2%	253,658	-2.0%	3.28%	-21.4%
VNQ	Buy	Vanguard REIT ETFreit etf	$8,256,000	-1.1%	95,177	+1.0%	2.57%	+2.6%
BNDX	Buy	Vanguard Total International Bintl bd idx etf	$8,191,000	+1.6%	146,172	+1.0%	2.55%	+5.3%
VEU	Buy	Vanguard Intl Equity Indexallwrld ex us	$7,244,000	+9.9%	159,449	+3.7%	2.26%	+13.9%
IJH	Buy	iShares Core S&P Midcapcore s&p mcp etf	$6,886,000	+5.7%	44,506	+2.0%	2.14%	+9.6%
BND	Buy	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,601,000	+1.1%	78,450	+1.2%	2.06%	+4.8%
IEI	Buy	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,304,000	+0.7%	49,815	+1.3%	1.96%	+4.4%
BSCK	Sell	Guggenheim BulletShares Corporgug bull2020 e	$3,529,000	-0.9%	162,550	-0.9%	1.10%	+2.8%
BSCI	Sell	Guggenheim BulletShares Corporgug bull2018 e	$3,458,000	-0.8%	162,172	-0.6%	1.08%	+3.0%
BSCJ	Sell	Guggenheim BulletShares Corporgug bull2019 e	$3,338,000	-1.0%	155,975	-0.9%	1.04%	+2.6%
BSCL	Sell	Guggenheim BulletShares Corporgug bull2021 e	$3,284,000	-0.1%	152,035	-0.5%	1.02%	+3.6%
BSCH	Sell	Guggenheim BulletShares Corporgug bull2017 e	$3,210,000	-2.3%	141,540	-1.9%	1.00%	+1.3%
BSCM	Sell	Guggenheim BulletShares Corporgug bull2022 e	$3,053,000	+0.1%	141,003	-0.5%	0.95%	+3.8%
WLTW	Sell	Willis Towers Watson	$2,390,000	+1.2%	18,000	-5.3%	0.74%	+4.9%
XOM	Sell	Exxon Mobil Corporation	$896,000	-8.9%	10,269	-2.1%	0.28%	-5.4%
VIG	Buy	Vanguard Dividend Appreciationdiv app etf	$616,000	+6.8%	7,341	+5.9%	0.19%	+11.0%
AAPL	Sell	Apple Computer Inc	$203,000	-28.5%	1,792	-39.7%	0.06%	-25.9%
PII	Exit	Polaris Industries, Inc	$0	–	-135,358	–	-3.32%	–
WBA	Exit	Walgreen Boots Alliance	$0	–	-171,745	–	-4.29%	–

Q2 2016

			Value		Shares		↓ Weighting
MDT	New	Medtronic PLC	$15,789,000	–	181,969	–	4.74%	–
UNH	New	UnitedHealth Group Inc.	$15,759,000	–	111,606	–	4.73%	–
FDS	New	Factset Research Systems	$14,674,000	–	90,908	–	4.40%	–
TJX	New	TJX Companies, Inc.	$14,666,000	–	189,903	–	4.40%	–
ACN	New	Accenture PLC	$14,601,000	–	128,881	–	4.38%	–
WBA	New	Walgreen Boots Alliance	$14,301,000	–	171,745	–	4.29%	–
NVO	New	Novo-Nordisk A-S ADRadr	$13,918,000	–	258,793	–	4.18%	–
SHW	New	Sherwin-Williams Co	$13,818,000	–	47,054	–	4.15%	–
NKE	New	Nike, Inc. Class Bcl b	$13,273,000	–	240,458	–	3.98%	–
TTC	New	Toro Co	$13,202,000	–	149,678	–	3.96%	–
CMI	New	Cummins Inc.	$12,991,000	–	115,533	–	3.90%	–
HRL	New	Hormel Food Corp	$12,920,000	–	353,007	–	3.88%	–
EL	New	Estee Lauder Companycl a	$12,584,000	–	138,251	–	3.78%	–
CNI	New	Canadian National Railway Co	$12,485,000	–	211,394	–	3.75%	–
TD	New	Toronto Dominion Bank	$12,395,000	–	288,730	–	3.72%	–
MMP	New	Magellan Midstream Partners	$12,092,000	–	159,099	–	3.63%	–
TROW	New	T Rowe Price Group, Inc.	$12,009,000	–	164,578	–	3.60%	–
MA	New	Mastercard Inccl a	$11,938,000	–	135,569	–	3.58%	–
SNI	New	Scripps Networks Interactive,	$11,888,000	–	190,914	–	3.57%	–
PII	New	Polaris Industries, Inc	$11,067,000	–	135,358	–	3.32%	–
VNQ	New	Vanguard REIT ETFreit etf	$8,352,000	–	94,191	–	2.51%	–
BNDX	New	Vanguard Total International Bintl bd idx etf	$8,064,000	–	144,767	–	2.42%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$6,591,000	–	153,808	–	1.98%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$6,532,000	–	77,485	–	1.96%	–
IJH	New	iShares Core S&P Midcapcore s&p mcp etf	$6,517,000	–	43,621	–	1.96%	–
IEI	New	iShares 3-7 Year Treasury Bond3-7 yr tr bd etf	$6,262,000	–	49,175	–	1.88%	–
BSCK	New	Guggenheim BulletShares Corporgug bull2020 e	$3,562,000	–	164,065	–	1.07%	–
BSCI	New	Guggenheim BulletShares Corporgug bull2018 e	$3,486,000	–	163,142	–	1.05%	–
BSCJ	New	Guggenheim BulletShares Corporgug bull2019 e	$3,373,000	–	157,390	–	1.01%	–
BSCL	New	Guggenheim BulletShares Corporgug bull2021 e	$3,288,000	–	152,765	–	0.99%	–
BSCH	New	Guggenheim BulletShares Corporgug bull2017 e	$3,284,000	–	144,215	–	0.99%	–
BSCM	New	Guggenheim BulletShares Corporgug bull2022 e	$3,051,000	–	141,663	–	0.92%	–
WLTW	New	Willis Towers Watson	$2,362,000	–	19,000	–	0.71%	–
XOM	New	Exxon Mobil Corporation	$983,000	–	10,487	–	0.30%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$577,000	–	6,933	–	0.17%	–
AAPL	New	Apple Computer Inc	$284,000	–	2,972	–	0.08%	–
CERS	New	Cerus Corp	$183,000	–	29,399	–	0.06%	–

Q4 2015

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.04%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-7,044	–	-0.18%	–
ORCL	Exit	Oracle Corporation	$0	–	-15,145	–	-0.18%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-10,369	–	-0.26%	–
BSCF	Exit	Guggenheim BulletShares Corporgug bull2015 e	$0	–	-104,025	–	-0.76%	–
TW	Exit	Towers Watson & Cocl a	$0	–	-20,000	–	-0.79%	–
BSCM	Exit	Guggenheim BulletShares Corporgug bull2022 e	$0	–	-129,430	–	-0.90%	–
BSCL	Exit	Guggenheim BulletShares Corporgug bull2021 e	$0	–	-162,195	–	-1.14%	–
BSCG	Exit	Guggenheim BulletShares Corporgug bull2016 e	$0	–	-156,205	–	-1.17%	–
BSCJ	Exit	Guggenheim BulletShares Corporgug bull2019 e	$0	–	-171,400	–	-1.22%	–
BSCH	Exit	Guggenheim BulletShares Corporgug bull2017 e	$0	–	-167,600	–	-1.28%	–
BSCI	Exit	Guggenheim BulletShares Corporgug bull2018 e	$0	–	-186,957	–	-1.34%	–
BSCK	Exit	Guggenheim BulletShares Corporgug bull2020 e	$0	–	-188,000	–	-1.35%	–
IJH	Exit	iShares Core S&P Midcapcore s&p mcp etf	$0	–	-30,915	–	-1.42%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-116,746	–	-1.68%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-70,383	–	-1.94%	–
MMP	Exit	Magellan Midstream Partners	$0	–	-136,604	–	-2.77%	–
SNI	Exit	Scripps Networks Interactive,	$0	–	-178,814	–	-2.97%	–
PX	Exit	Praxair, Inc.	$0	–	-97,119	–	-3.34%	–
PII	Exit	Polaris Industries, Inc	$0	–	-84,018	–	-3.40%	–
CMI	Exit	Cummins Inc.	$0	–	-92,962	–	-3.41%	–
TROW	Exit	T Rowe Price Group, Inc.	$0	–	-156,266	–	-3.66%	–
GWW	Exit	Grainger, W.W. Inc.	$0	–	-50,790	–	-3.68%	–
TD	Exit	Toronto Dominion Bank	$0	–	-277,476	–	-3.69%	–
EL	Exit	Estee Lauder Companycl a	$0	–	-139,371	–	-3.80%	–
CNI	Exit	Canadian National Railway Co	$0	–	-212,269	–	-4.07%	–
MA	Exit	Mastercard Inccl a	$0	–	-136,336	–	-4.15%	–
MDT	Exit	Medtronic PLC	$0	–	-191,822	–	-4.33%	–
ACN	Exit	Accenture PLC	$0	–	-145,392	–	-4.82%	–
WBA	Exit	Walgreen Boots Alliance	$0	–	-173,592	–	-4.87%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-202,214	–	-4.87%	–
FDS	Exit	Factset Research Systems	$0	–	-92,809	–	-5.01%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-276,169	–	-5.06%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-131,486	–	-5.15%	–
HRL	Exit	Hormel Food Corp	$0	–	-249,879	–	-5.34%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-143,999	–	-5.98%	–

Q3 2015

			Value		Shares		↓ Weighting
NKE	Sell	Nike, Inc. Class Bcl b	$17,704,000	+12.2%	143,999	-1.4%	5.98%	+16.6%
HRL	Buy	Hormel Food Corp	$15,816,000	+12.5%	249,879	+0.2%	5.34%	+17.0%
UNH	Sell	UnitedHealth Group Inc.	$15,250,000	-5.1%	131,486	-0.1%	5.15%	-1.3%
NVO	Sell	Novo-Nordisk A-S ADRadr	$14,976,000	-1.8%	276,169	-0.8%	5.06%	+2.1%
FDS	Buy	Factset Research Systems	$14,828,000	-1.6%	92,809	+0.1%	5.01%	+2.3%
TJX	Buy	TJX Companies, Inc.	$14,438,000	+8.7%	202,214	+0.7%	4.87%	+12.9%
WBA	Sell	Walgreen Boots Alliance	$14,422,000	-3.9%	173,592	-2.3%	4.87%	-0.1%
ACN	Buy	Accenture PLC	$14,282,000	+2.1%	145,392	+0.6%	4.82%	+6.1%
MDT	Buy	Medtronic PLC	$12,833,000	-9.0%	191,822	+0.8%	4.33%	-5.4%
MA	Buy	Mastercard Inccl a	$12,283,000	-1.2%	136,336	+2.5%	4.15%	+2.7%
CNI	Buy	Canadian National Railway Co	$12,044,000	+1.0%	212,269	+2.8%	4.07%	+4.9%
EL	New	Estee Lauder Companycl a	$11,240,000	–	139,371	–	3.80%	–
TD	Buy	Toronto Dominion Bank	$10,934,000	-3.6%	277,476	+4.0%	3.69%	+0.1%
GWW	Buy	Grainger, W.W. Inc.	$10,916,000	-6.7%	50,790	+2.8%	3.68%	-3.0%
TROW	Buy	T Rowe Price Group, Inc.	$10,857,000	-8.1%	156,266	+2.8%	3.66%	-4.5%
CMI	Buy	Cummins Inc.	$10,090,000	-14.6%	92,962	+3.2%	3.41%	-11.3%
PII	Buy	Polaris Industries, Inc	$10,067,000	-17.1%	84,018	+2.5%	3.40%	-13.8%
PX	Buy	Praxair, Inc.	$9,888,000	-11.8%	97,119	+3.6%	3.34%	-8.3%
SNI	Buy	Scripps Networks Interactive,	$8,792,000	-20.4%	178,814	+5.8%	2.97%	-17.3%
MMP	Buy	Magellan Midstream Partners	$8,207,000	-15.9%	136,604	+2.7%	2.77%	-12.6%
BND	Buy	Vanguard Total Bond Market ETFtotal bnd mrkt	$5,751,000	+0.6%	70,383	+0.1%	1.94%	+4.6%
VEU	Buy	Vanguard Intl Equity Indexallwrld ex us	$4,970,000	-12.2%	116,746	+0.2%	1.68%	-8.7%
IJH	Buy	iShares Core S&P Midcapcore s&p mcp etf	$4,216,000	-5.9%	30,915	+3.6%	1.42%	-2.2%
BSCK	Sell	Guggenheim BulletShares Corporgug bull2020 e	$3,988,000	-0.2%	188,000	-0.1%	1.35%	+3.8%
BSCI	Sell	Guggenheim BulletShares Corporgug bull2018 e	$3,954,000	-0.5%	186,957	-0.0%	1.34%	+3.4%
BSCH	Sell	Guggenheim BulletShares Corporgug bull2017 e	$3,791,000	-0.7%	167,600	-0.1%	1.28%	+3.2%
BSCJ	Buy	Guggenheim BulletShares Corporgug bull2019 e	$3,611,000	+0.5%	171,400	+0.5%	1.22%	+4.5%
BSCG	Sell	Guggenheim BulletShares Corporgug bull2016 e	$3,455,000	-1.1%	156,205	-0.6%	1.17%	+2.7%
BSCL	Buy	Guggenheim BulletShares Corporgug bull2021 e	$3,369,000	+0.2%	162,195	+0.5%	1.14%	+4.1%
BSCM	Buy	Guggenheim BulletShares Corporgug bull2022 e	$2,655,000	+2.5%	129,430	+3.2%	0.90%	+6.5%
BSCF	Sell	Guggenheim BulletShares Corporgug bull2015 e	$2,250,000	-6.6%	104,025	-6.4%	0.76%	-2.8%
VIG	Sell	Vanguard Dividend Appreciationdiv app etf	$519,000	-9.9%	7,044	-3.9%	0.18%	-6.4%
AAPL	Exit	Apple Computer Inc	$0	–	-1,792	–	-0.07%	–
XLNX	Exit	Xilinx, Inc.	$0	–	-272,911	–	-3.92%	–

Q2 2015

			Value		Shares		↓ Weighting
UNH	New	UnitedHealth Group Inc.	$16,063,000	–	131,661	–	5.22%	–
NKE	New	Nike, Inc. Class Bcl b	$15,776,000	–	146,048	–	5.12%	–
NVO	New	Novo-Nordisk A-S ADRadr	$15,246,000	–	278,412	–	4.95%	–
FDS	New	Factset Research Systems	$15,065,000	–	92,699	–	4.89%	–
WBA	New	Walgreen Boots Alliance	$15,000,000	–	177,636	–	4.87%	–
MDT	New	Medtronic PLC	$14,106,000	–	190,360	–	4.58%	–
HRL	New	Hormel Food Corp	$14,053,000	–	249,299	–	4.56%	–
ACN	New	Accenture PLC	$13,988,000	–	144,537	–	4.54%	–
TJX	New	TJX Companies, Inc.	$13,286,000	–	200,780	–	4.32%	–
MA	New	Mastercard Inccl a	$12,428,000	–	132,951	–	4.04%	–
PII	New	Polaris Industries, Inc	$12,137,000	–	81,943	–	3.94%	–
XLNX	New	Xilinx, Inc.	$12,052,000	–	272,911	–	3.92%	–
CNI	New	Canadian National Railway Co	$11,929,000	–	206,555	–	3.88%	–
CMI	New	Cummins Inc.	$11,820,000	–	90,102	–	3.84%	–
TROW	New	T Rowe Price Group, Inc.	$11,813,000	–	151,978	–	3.84%	–
GWW	New	Grainger, W.W. Inc.	$11,695,000	–	49,419	–	3.80%	–
TD	New	Toronto Dominion Bank	$11,347,000	–	266,926	–	3.69%	–
PX	New	Praxair, Inc.	$11,212,000	–	93,789	–	3.64%	–
SNI	New	Scripps Networks Interactive,	$11,046,000	–	168,974	–	3.59%	–
MMP	New	Magellan Midstream Partners	$9,756,000	–	132,949	–	3.17%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$5,714,000	–	70,323	–	1.86%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$5,658,000	–	116,546	–	1.84%	–
IJH	New	iShares Core S&P Midcapcore s&p mcp etf	$4,478,000	–	29,855	–	1.46%	–
BSCK	New	Guggenheim BulletShares Corporgug bull2020 e	$3,994,000	–	188,130	–	1.30%	–
BSCI	New	Guggenheim BulletShares Corporgug bull2018 e	$3,975,000	–	186,967	–	1.29%	–
BSCH	New	Guggenheim BulletShares Corporgug bull2017 e	$3,816,000	–	167,724	–	1.24%	–
BSCJ	New	Guggenheim BulletShares Corporgug bull2019 e	$3,593,000	–	170,545	–	1.17%	–
BSCG	New	Guggenheim BulletShares Corporgug bull2016 e	$3,493,000	–	157,225	–	1.14%	–
BSCL	New	Guggenheim BulletShares Corporgug bull2021 e	$3,363,000	–	161,370	–	1.09%	–
BSCM	New	Guggenheim BulletShares Corporgug bull2022 e	$2,589,000	–	125,360	–	0.84%	–
TW	New	Towers Watson & Cocl a	$2,516,000	–	20,000	–	0.82%	–
BSCF	New	Guggenheim BulletShares Corporgug bull2015 e	$2,408,000	–	111,195	–	0.78%	–
XOM	New	Exxon Mobil Corporation	$863,000	–	10,369	–	0.28%	–
ORCL	New	Oracle Corporation	$610,000	–	15,145	–	0.20%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$576,000	–	7,327	–	0.19%	–
AAPL	New	Apple Computer Inc	$225,000	–	1,792	–	0.07%	–
CERS	New	Cerus Corp	$153,000	–	29,399	–	0.05%	–

Q4 2014

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.04%	–
IGSB	Exit	iShares 1-3 Year Credit Bond Fbarclys 1-3yr cr	$0	–	-4,901	–	-0.18%	–
ORCL	Exit	Oracle Corporation	$0	–	-15,145	–	-0.21%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-8,133	–	-0.22%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-10,383	–	-0.35%	–
BSCE	Exit	Guggenheim BulletShares Corporgug bull2014 e	$0	–	-82,198	–	-0.62%	–
BSCL	Exit	Guggenheim BulletShares Corporgug bull2021 e	$0	–	-85,665	–	-0.64%	–
TW	Exit	Towers Watson & Cocl a	$0	–	-21,253	–	-0.76%	–
AMLP	Exit	Alerian MLP ETFalerian mlp	$0	–	-122,535	–	-0.84%	–
BSCF	Exit	Guggenheim BulletShares Corporgug bull2015 e	$0	–	-124,255	–	-0.97%	–
BSCG	Exit	Guggenheim BulletShares Corporgug bull2016 e	$0	–	-149,000	–	-1.20%	–
IBCD	Exit	iSharesBond Corporate ex-Finan2020 invtgr bd	$0	–	-35,523	–	-1.25%	–
BSCH	Exit	Guggenheim BulletShares Corporgug bull2017 e	$0	–	-158,115	–	-1.29%	–
BSCI	Exit	Guggenheim BulletShares Corporgug bull2018 e	$0	–	-171,772	–	-1.30%	–
BSCK	Exit	Guggenheim BulletShares Corporgug bull2020 e	$0	–	-173,075	–	-1.31%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-103,736	–	-1.84%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-63,339	–	-1.86%	–
STPZ	Exit	Pimco 1-5 Year US TIPS Fund1-3yr ustreidx	$0	–	-131,080	–	-2.47%	–
XLNX	Exit	Xilinx, Inc.	$0	–	-234,273	–	-3.56%	–
WAG	Exit	Walgreen Company	$0	–	-175,884	–	-3.74%	–
TROW	Exit	T Rowe Price Group, Inc.	$0	–	-134,730	–	-3.79%	–
MMP	Exit	Magellan Midstream Partners	$0	–	-126,944	–	-3.84%	–
PX	Exit	Praxair, Inc.	$0	–	-83,747	–	-3.88%	–
GWW	Exit	Grainger, W.W. Inc.	$0	–	-43,367	–	-3.92%	–
CL	Exit	Colgate-Palmolive	$0	–	-169,750	–	-3.98%	–
ACN	Exit	Accenture PLC	$0	–	-137,689	–	-4.02%	–
SNI	Exit	Scripps Networks Interactive,	$0	–	-143,521	–	-4.03%	–
DCI	Exit	Donaldson Company, Inc.	$0	–	-277,345	–	-4.05%	–
TD	Exit	Toronto Dominion Bank	$0	–	-228,246	–	-4.05%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-193,897	–	-4.12%	–
MDT	Exit	Medtronic, Inc.	$0	–	-187,579	–	-4.17%	–
PETM	Exit	Petsmart, Inc.	$0	–	-166,094	–	-4.18%	–
UNH	Exit	UnitedHealth Group Inc.	$0	–	-137,109	–	-4.25%	–
FDS	Exit	Factset Research Systems	$0	–	-97,435	–	-4.25%	–
HRL	Exit	Hormel Food Corp	$0	–	-242,135	–	-4.47%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-270,465	–	-4.63%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-150,169	–	-4.81%	–
CNI	Exit	Canadian National Railway Co	$0	–	-191,546	–	-4.88%	–

Q3 2014

			Value		Shares		↓ Weighting
CNI	Sell	Canadian National Railway Co	$13,592,000	+5.8%	191,546	-3.1%	4.88%	+0.9%
NKE	Sell	Nike, Inc. Class Bcl b	$13,395,000	+14.6%	150,169	-0.3%	4.81%	+9.3%
NVO	Sell	Novo-Nordisk A-S ADRadr	$12,880,000	+2.1%	270,465	-0.9%	4.63%	-2.6%
HRL	Sell	Hormel Food Corp	$12,443,000	+4.0%	242,135	-0.2%	4.47%	-0.9%
FDS	Sell	Factset Research Systems	$11,841,000	+0.5%	97,435	-0.5%	4.25%	-4.1%
UNH	Sell	UnitedHealth Group Inc.	$11,826,000	+5.3%	137,109	-0.2%	4.25%	+0.5%
PETM	Buy	Petsmart, Inc.	$11,642,000	+17.7%	166,094	+0.4%	4.18%	+12.3%
MDT	Sell	Medtronic, Inc.	$11,621,000	-3.4%	187,579	-0.6%	4.17%	-7.8%
TJX	Buy	TJX Companies, Inc.	$11,473,000	+12.2%	193,897	+0.8%	4.12%	+7.1%
TD	Sell	Toronto Dominion Bank	$11,273,000	-4.5%	228,246	-0.6%	4.05%	-8.9%
DCI	New	Donaldson Company, Inc.	$11,269,000	–	277,345	–	4.05%	–
SNI	Sell	Scripps Networks Interactive,	$11,208,000	-4.1%	143,521	-0.3%	4.03%	-8.5%
ACN	Buy	Accenture PLC	$11,197,000	+1.6%	137,689	+1.0%	4.02%	-3.1%
CL	Buy	Colgate-Palmolive	$11,071,000	-4.1%	169,750	+0.3%	3.98%	-8.5%
GWW	Buy	Grainger, W.W. Inc.	$10,913,000	-0.1%	43,367	+1.0%	3.92%	-4.7%
PX	Buy	Praxair, Inc.	$10,803,000	-2.5%	83,747	+0.4%	3.88%	-7.0%
MMP	Sell	Magellan Midstream Partners	$10,686,000	-1.4%	126,944	-1.5%	3.84%	-6.0%
TROW	Buy	T Rowe Price Group, Inc.	$10,563,000	-6.6%	134,730	+0.5%	3.79%	-10.9%
WAG	Buy	Walgreen Company	$10,425,000	-20.0%	175,884	+0.0%	3.74%	-23.7%
XLNX	Buy	Xilinx, Inc.	$9,921,000	-6.8%	234,273	+4.1%	3.56%	-11.1%
STPZ	New	Pimco 1-5 Year US TIPS Fund1-3yr ustreidx	$6,887,000	–	131,080	–	2.47%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$5,189,000	–	63,339	–	1.86%	–
VEU	Buy	Vanguard Intl Equity Indexallwrld ex us	$5,108,000	-5.3%	103,736	+0.6%	1.84%	-9.7%
BSCK	Buy	Guggenheim BulletShares Corporgug bull2020 e	$3,648,000	+3.2%	173,075	+4.1%	1.31%	-1.7%
BSCI	Buy	Guggenheim BulletShares Corporgug bull2018 e	$3,631,000	+2.2%	171,772	+2.8%	1.30%	-2.5%
BSCH	Buy	Guggenheim BulletShares Corporgug bull2017 e	$3,599,000	+4.1%	158,115	+4.8%	1.29%	-0.7%
IBCD	Buy	iSharesBond Corporate ex-Finan2020 invtgr bd	$3,487,000	+2.8%	35,523	+3.3%	1.25%	-2.0%
BSCG	Buy	Guggenheim BulletShares Corporgug bull2016 e	$3,326,000	+4.2%	149,000	+4.5%	1.20%	-0.6%
BSCF	Buy	Guggenheim BulletShares Corporgug bull2015 e	$2,701,000	+4.3%	124,255	+5.1%	0.97%	-0.5%
BSCL	Buy	Guggenheim BulletShares Corporgug bull2021 e	$1,778,000	+9.1%	85,665	+10.4%	0.64%	+4.1%
BSCE	Sell	Guggenheim BulletShares Corporgug bull2014 e	$1,733,000	-0.8%	82,198	-0.6%	0.62%	-5.5%
XOM	Buy	Exxon Mobil Corporation	$977,000	+3.4%	10,383	+10.7%	0.35%	-1.4%
VIG	Buy	Vanguard Dividend Appreciationdiv app etf	$626,000	+2.6%	8,133	+4.0%	0.22%	-2.2%
IGSB	Sell	iShares 1-3 Year Credit Bond Fbarclys 1-3yr cr	$516,000	-27.7%	4,901	-27.5%	0.18%	-31.2%
USB	Exit	U S Bancorp	$0	–	-262,560	–	-4.28%	–

Q2 2014

			Value		Shares		↓ Weighting
WAG	New	Walgreen Company	$13,034,000	–	175,829	–	4.91%	–
CNI	New	Canadian National Railway Co	$12,847,000	–	197,592	–	4.84%	–
NVO	New	Novo-Nordisk A-S ADRadr	$12,609,000	–	272,985	–	4.75%	–
MDT	New	Medtronic, Inc.	$12,027,000	–	188,624	–	4.53%	–
HRL	New	Hormel Food Corp	$11,970,000	–	242,545	–	4.51%	–
TD	New	Toronto Dominion Bank	$11,809,000	–	229,700	–	4.45%	–
FDS	New	Factset Research Systems	$11,782,000	–	97,958	–	4.44%	–
SNI	New	Scripps Networks Interactive,	$11,684,000	–	144,001	–	4.40%	–
NKE	New	Nike, Inc. Class Bcl b	$11,684,000	–	150,666	–	4.40%	–
CL	New	Colgate-Palmolive	$11,540,000	–	169,261	–	4.35%	–
USB	New	U S Bancorp	$11,374,000	–	262,560	–	4.28%	–
TROW	New	T Rowe Price Group, Inc.	$11,312,000	–	134,010	–	4.26%	–
UNH	New	UnitedHealth Group Inc.	$11,228,000	–	137,349	–	4.23%	–
PX	New	Praxair, Inc.	$11,077,000	–	83,388	–	4.17%	–
ACN	New	Accenture PLC	$11,020,000	–	136,314	–	4.15%	–
GWW	New	Grainger, W.W. Inc.	$10,923,000	–	42,957	–	4.11%	–
MMP	New	Magellan Midstream Partners	$10,836,000	–	128,934	–	4.08%	–
XLNX	New	Xilinx, Inc.	$10,643,000	–	224,963	–	4.01%	–
TJX	New	TJX Companies, Inc.	$10,222,000	–	192,322	–	3.85%	–
PETM	New	Petsmart, Inc.	$9,891,000	–	165,409	–	3.72%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$5,393,000	–	103,131	–	2.03%	–
BSCI	New	Guggenheim BulletShares Corporgug bull2018 e	$3,554,000	–	167,077	–	1.34%	–
BSCK	New	Guggenheim BulletShares Corporgug bull2020 e	$3,536,000	–	166,315	–	1.33%	–
BSCH	New	Guggenheim BulletShares Corporgug bull2017 e	$3,457,000	–	150,884	–	1.30%	–
IBCD	New	iSharesBond Corporate ex-Finan2020 invtgr bd	$3,392,000	–	34,373	–	1.28%	–
BSCG	New	Guggenheim BulletShares Corporgug bull2016 e	$3,192,000	–	142,615	–	1.20%	–
BSCF	New	Guggenheim BulletShares Corporgug bull2015 e	$2,589,000	–	118,235	–	0.98%	–
AMLP	New	Alerian MLP ETFalerian mlp	$2,328,000	–	122,535	–	0.88%	–
TW	New	Towers Watson & Cocl a	$2,215,000	–	21,253	–	0.83%	–
BSCE	New	Guggenheim BulletShares Corporgug bull2014 e	$1,747,000	–	82,728	–	0.66%	–
BSCL	New	Guggenheim BulletShares Corporgug bull2021 e	$1,630,000	–	77,560	–	0.61%	–
XOM	New	Exxon Mobil Corporation	$945,000	–	9,383	–	0.36%	–
IGSB	New	iShares 1-3 Year Credit Bond Fbarclys 1-3yr cr	$714,000	–	6,759	–	0.27%	–
ORCL	New	Oracle Corporation	$614,000	–	15,145	–	0.23%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$610,000	–	7,823	–	0.23%	–
CERS	New	Cerus Corp	$122,000	–	29,399	–	0.05%	–

Q4 2013

			Value		Shares		↓ Weighting
CERS	Exit	Cerus Corp	$0	–	-29,399	–	-0.09%	–
VCIT	Exit	Vanguard Interm-Term Corp Bondint-term corp	$0	–	-3,160	–	-0.12%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-4,635	–	-0.19%	–
VIG	Exit	Vanguard Dividend Appreciationdiv app etf	$0	–	-8,630	–	-0.28%	–
AMLP	Exit	Alerian MLP ETFalerian mlp	$0	–	-95,050	–	-0.78%	–
TW	Exit	Towers Watson & Cocl a	$0	–	-20,000	–	-1.00%	–
IBCD	Exit	iSharesBond Corporate ex-Finan2020 invtgr bd	$0	–	-24,423	–	-1.10%	–
BSCK	Exit	Guggenheim BulletShares Corporgug bull2020 e	$0	–	-119,465	–	-1.14%	–
BSCI	Exit	Guggenheim BulletShares Corporgug bull2018 e	$0	–	-118,742	–	-1.16%	–
IGSB	Exit	iShares 1-3 Year Credit Bond Fbarclys 1-3yr cr	$0	–	-36,561	–	-1.80%	–
BND	Exit	Vanguard Total Bond Market ETFtotal bnd mrkt	$0	–	-53,877	–	-2.04%	–
VEU	Exit	Vanguard Intl Equity Indexallwrld ex us	$0	–	-97,199	–	-2.21%	–
VCSH	Exit	Vanguard Short-Term Corp Bondshrt-term corp	$0	–	-69,396	–	-2.59%	–
STPZ	Exit	Pimco 1-5 Year US TIPS Fund1-3yr ustreidx	$0	–	-122,369	–	-3.04%	–
BAX	Exit	Baxter International Inc	$0	–	-115,625	–	-3.56%	–
TGT	Exit	Target Corporation	$0	–	-120,432	–	-3.61%	–
MMP	Exit	Magellan Midstream Partners	$0	–	-140,326	–	-3.71%	–
MCD	Exit	McDonalds Corp	$0	–	-83,218	–	-3.75%	–
TROW	Exit	T Rowe Price Group, Inc.	$0	–	-115,167	–	-3.88%	–
USB	Exit	U S Bancorp	$0	–	-227,800	–	-3.90%	–
ACN	Exit	Accenture PLC	$0	–	-116,025	–	-4.00%	–
PX	Exit	Praxair, Inc.	$0	–	-71,180	–	-4.01%	–
FDS	Exit	Factset Research Systems	$0	–	-79,097	–	-4.04%	–
TD	Exit	Toronto Dominion Bank	$0	–	-95,895	–	-4.04%	–
CL	Exit	Colgate-Palmolive	$0	–	-146,103	–	-4.06%	–
NVO	Exit	Novo-Nordisk A-S ADRadr	$0	–	-52,049	–	-4.12%	–
CNI	Exit	Canadian Natl Railway Co	$0	–	-87,751	–	-4.16%	–
MDT	Exit	Medtronic, Inc.	$0	–	-169,472	–	-4.22%	–
GWW	Exit	Grainger, W.W. Inc.	$0	–	-35,661	–	-4.37%	–
HRL	Exit	Hormel Food Corp	$0	–	-221,653	–	-4.37%	–
XLNX	Exit	Xilinx, Inc.	$0	–	-205,866	–	-4.52%	–
WAG	Exit	Walgreen Company	$0	–	-184,022	–	-4.64%	–
TJX	Exit	TJX Companies, Inc.	$0	–	-177,681	–	-4.69%	–
NKE	Exit	Nike, Inc. Class Bcl b	$0	–	-141,791	–	-4.82%	–

Q3 2013

			Value		Shares		↓ Weighting
NKE	Buy	Nike, Inc. Class Bcl b	$10,300,000	+21.7%	141,791	+6.7%	4.82%	+10.9%
TJX	Buy	TJX Companies, Inc.	$10,019,000	+18.9%	177,681	+5.5%	4.69%	+8.2%
WAG	Buy	Walgreen Company	$9,900,000	+27.9%	184,022	+5.1%	4.64%	+16.5%
XLNX	Buy	Xilinx, Inc.	$9,645,000	+22.3%	205,866	+3.4%	4.52%	+11.3%
HRL	Buy	Hormel Food Corp	$9,336,000	+16.3%	221,653	+6.6%	4.37%	+6.0%
GWW	Buy	Grainger, W.W. Inc.	$9,333,000	+9.0%	35,661	+5.1%	4.37%	-0.7%
MDT	Buy	Medtronic, Inc.	$9,024,000	+8.0%	169,472	+4.4%	4.22%	-1.7%
CNI	Buy	Canadian Natl Railway Co	$8,895,000	+13.8%	87,751	+9.2%	4.16%	+3.7%
NVO	Buy	Novo-Nordisk A-S ADRadr	$8,808,000	+20.8%	52,049	+10.6%	4.12%	+10.0%
CL	Buy	Colgate-Palmolive	$8,664,000	+13.5%	146,103	+9.7%	4.06%	+3.4%
FDS	Buy	Factset Research Systems	$8,629,000	+12.4%	79,097	+5.0%	4.04%	+2.4%
TD	Buy	Toronto Dominion Bank	$8,629,000	+22.8%	95,895	+9.7%	4.04%	+11.8%
PX	Buy	Praxair, Inc.	$8,557,000	+13.7%	71,180	+8.9%	4.01%	+3.5%
ACN	Buy	Accenture PLC	$8,544,000	+13.9%	116,025	+11.3%	4.00%	+3.7%
USB	Buy	U S Bancorp	$8,333,000	+8.9%	227,800	+7.6%	3.90%	-0.9%
TROW	Buy	T Rowe Price Group, Inc.	$8,284,000	+8.3%	115,167	+10.3%	3.88%	-1.3%
MCD	Buy	McDonalds Corp	$8,006,000	+8.0%	83,218	+11.1%	3.75%	-1.7%
MMP	Buy	Magellan Midstream Partners	$7,919,000	+9.5%	140,326	+5.8%	3.71%	-0.3%
TGT	Buy	Target Corporation	$7,705,000	+2.6%	120,432	+10.4%	3.61%	-6.6%
BAX	Buy	Baxter International Inc	$7,595,000	+4.5%	115,625	+10.2%	3.56%	-4.9%
STPZ	Buy	Pimco 1-5 Year US TIPS Fund1-3yr ustreidx	$6,490,000	+1.4%	122,369	+0.7%	3.04%	-7.6%
VCSH	Sell	Vanguard Short-Term Corp Bondshrt-term corp	$5,524,000	-12.3%	69,396	-12.9%	2.59%	-20.2%
VEU	Sell	Vanguard Intl Equity Indexallwrld ex us	$4,724,000	+8.1%	97,199	-1.6%	2.21%	-1.6%
BND	Sell	Vanguard Total Bond Market ETFtotal bnd mrkt	$4,358,000	-1.6%	53,877	-1.7%	2.04%	-10.4%
IGSB	Buy	iShares 1-3 Year Credit Bond Fbarclys 1-3yr cr	$3,849,000	+3.6%	36,561	+3.4%	1.80%	-5.7%
BSCI	New	Guggenheim BulletShares Corporgug bull2018 e	$2,480,000	–	118,742	–	1.16%	–
BSCK	New	Guggenheim BulletShares Corporgug bull2020 e	$2,444,000	–	119,465	–	1.14%	–
IBCD	New	iSharesBond Corporate ex-Finan2020 invtgr bd	$2,344,000	–	24,423	–	1.10%	–
TW	Sell	Towers Watson & Cocl a	$2,139,000	+26.7%	20,000	-2.9%	1.00%	+15.3%
AMLP	Buy	Alerian MLP ETFalerian mlp	$1,672,000	+9.3%	95,050	+10.9%	0.78%	-0.4%
VIG	Sell	Vanguard Dividend Appreciationdiv app etf	$601,000	+5.3%	8,630	-0.0%	0.28%	-4.4%
VCIT	Sell	Vanguard Interm-Term Corp Bondint-term corp	$264,000	-95.5%	3,160	-95.5%	0.12%	-95.9%
RWO	Exit	SPDR DJ Wilshire Global Real Edj glb rl es etf	$0	–	-105,540	–	-2.28%	–

Q2 2013

			Value		Shares		↓ Weighting
GWW	New	Grainger, W.W. Inc.	$8,560,000	–	33,944	–	4.40%	–
NKE	New	Nike, Inc. Class Bcl b	$8,463,000	–	132,906	–	4.35%	–
TJX	New	TJX Companies, Inc.	$8,429,000	–	168,371	–	4.33%	–
MDT	New	Medtronic, Inc.	$8,358,000	–	162,377	–	4.30%	–
HRL	New	Hormel Food Corp	$8,025,000	–	208,018	–	4.12%	–
XLNX	New	Xilinx, Inc.	$7,889,000	–	199,171	–	4.06%	–
CNI	New	Canadian Natl Railway Co	$7,813,000	–	80,326	–	4.02%	–
WAG	New	Walgreen Company	$7,743,000	–	175,172	–	3.98%	–
FDS	New	Factset Research Systems	$7,677,000	–	75,312	–	3.95%	–
USB	New	U S Bancorp	$7,655,000	–	211,765	–	3.94%	–
TROW	New	T Rowe Price Group, Inc.	$7,646,000	–	104,448	–	3.93%	–
CL	New	Colgate-Palmolive	$7,633,000	–	133,226	–	3.92%	–
PX	New	Praxair, Inc.	$7,529,000	–	65,378	–	3.87%	–
TGT	New	Target Corporation	$7,510,000	–	109,057	–	3.86%	–
ACN	New	Accenture PLC	$7,503,000	–	104,273	–	3.86%	–
MCD	New	McDonalds Corp	$7,416,000	–	74,908	–	3.81%	–
NVO	New	Novo-Nordisk A-S ADRadr	$7,294,000	–	47,067	–	3.75%	–
BAX	New	Baxter International Inc	$7,271,000	–	104,970	–	3.74%	–
MMP	New	Magellan Midstream Partners	$7,231,000	–	132,681	–	3.72%	–
TD	New	Toronto Dominion Bank	$7,026,000	–	87,415	–	3.61%	–
STPZ	New	Pimco 1-5 Year US TIPS Fund1-3yr ustreidx	$6,399,000	–	121,513	–	3.29%	–
VCSH	New	Vanguard Short-Term Corp Bondshrt-term corp	$6,302,000	–	79,671	–	3.24%	–
VCIT	New	Vanguard Interm-Term Corp Bondint-term corp	$5,867,000	–	70,672	–	3.02%	–
RWO	New	SPDR DJ Wilshire Global Real Edj glb rl es etf	$4,442,000	–	105,540	–	2.28%	–
BND	New	Vanguard Total Bond Market ETFtotal bnd mrkt	$4,431,000	–	54,782	–	2.28%	–
VEU	New	Vanguard Intl Equity Indexallwrld ex us	$4,369,000	–	98,794	–	2.25%	–
IGSB	New	iShares 1-3 Year Credit Bond Fbarclys 1-3yr cr	$3,715,000	–	35,369	–	1.91%	–
TW	New	Towers Watson & Cocl a	$1,688,000	–	20,600	–	0.87%	–
AMLP	New	Alerian MLP ETFalerian mlp	$1,530,000	–	85,700	–	0.79%	–
VIG	New	Vanguard Dividend Appreciationdiv app etf	$571,000	–	8,632	–	0.29%	–
XOM	New	Exxon Mobil Corporation	$419,000	–	4,635	–	0.22%	–
CERS	New	Cerus Corp	$130,000	–	29,399	–	0.07%	–

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