Princeton Portfolio Strategies Group LLC Activity Q4 2012-Q2 2021

Q2 2021

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$23,208,000	–	169,454	–	4.49%	–
MSFT	New	MICROSOFT CORP	$22,671,000	–	83,686	–	4.39%	–
DHR	New	DANAHER CORP DEL	$19,570,000	–	72,923	–	3.79%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$17,422,000	–	34,536	–	3.37%	–
CMCSA	New	COMCAST CORP NEWcl a	$15,981,000	–	280,271	–	3.09%	–
DG	New	DOLLAR GENERAL CORP NEW	$15,550,000	–	71,859	–	3.01%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$14,617,000	–	143,350	–	2.83%	–
ZTS	New	ZOETIS INCcl a	$14,201,000	–	76,203	–	2.75%	–
GOOGL	New	ALPHABET INC CLASS Acap stk cl a	$13,623,000	–	5,579	–	2.64%	–
AMT	New	AMERICAN TOWER CORP NEW	$12,561,000	–	46,499	–	2.43%	–
V	New	VISA INC	$11,413,000	–	48,812	–	2.21%	–
EQIX	New	EQUINIX INC	$10,772,000	–	13,422	–	2.08%	–
JNJ	New	JOHNSON & JOHNSON	$10,445,000	–	63,403	–	2.02%	–
FLT	New	FLEETCOR TECHNOLOGIES INC	$10,074,000	–	39,343	–	1.95%	–
TMX	New	TERMINIX GLOBAL HOLDINGS INC	$9,961,000	–	208,789	–	1.93%	–
JPM	New	JPMORGAN CHASE & CO	$9,203,000	–	59,167	–	1.78%	–
ECL	New	ECOLAB INC	$8,863,000	–	43,029	–	1.72%	–
STE	New	STERIS PLC	$8,867,000	–	42,980	–	1.72%	–
GNRC	New	GENERAC HLDGS INC	$8,479,000	–	20,425	–	1.64%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$8,460,000	–	42,594	–	1.64%	–
APD	New	AIR PRODS & CHEMS INC	$8,462,000	–	29,413	–	1.64%	–
CHE	New	CHEMED CORP NEW	$8,432,000	–	17,771	–	1.63%	–
ACN	New	ACCENTURE PLC IRELAND	$8,299,000	–	28,153	–	1.60%	–
EL	New	LAUDER ESTEE COS INCcl a	$8,283,000	–	26,040	–	1.60%	–
MRK	New	MERCK & CO INC	$8,222,000	–	105,720	–	1.59%	–
NEE	New	NEXTERA ENERGY INC	$8,102,000	–	110,565	–	1.57%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$8,080,000	–	52,421	–	1.56%	–
UNP	New	UNION PAC CORP	$7,783,000	–	35,389	–	1.51%	–
INTU	New	INTUIT	$7,582,000	–	15,468	–	1.47%	–
PYPL	New	PAYPAL HLDGS INC	$6,081,000	–	20,861	–	1.18%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$5,810,000	–	16,393	–	1.12%	–
SPGI	New	S&P GLOBAL INC	$5,785,000	–	14,094	–	1.12%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$5,515,000	–	12,883	–	1.07%	–
PEP	New	PEPSICO INC	$5,176,000	–	34,936	–	1.00%	–
IGSB	New	ISHARES TRsh tr crport etf	$4,937,000	–	90,070	–	0.96%	–
BE	New	BLOOM ENERGY CORP	$4,819,000	–	179,363	–	0.93%	–
KO	New	COCA COLA CO	$4,447,000	–	82,189	–	0.86%	–
IJR	New	ISHARES TRcore s&p scp etf	$4,369,000	–	38,674	–	0.84%	–
MDT	New	MEDTRONIC PLC	$3,982,000	–	32,082	–	0.77%	–
PNC	New	PNC FINL SVCS GROUP INC	$3,921,000	–	20,557	–	0.76%	–
HON	New	HONEYWELL INTL INC	$3,587,000	–	16,352	–	0.69%	–
VOO	New	VANGUARD INDEX FDS	$3,490,000	–	8,868	–	0.68%	–
QCOM	New	QUALCOMM INC	$3,425,000	–	23,963	–	0.66%	–
GPN	New	GLOBAL PMTS INC	$3,327,000	–	17,739	–	0.64%	–
SCHW	New	SCHWAB CHARLES CORP NEW	$3,183,000	–	43,714	–	0.62%	–
FTDR	New	FRONT DOOR INC	$2,761,000	–	55,428	–	0.53%	–
PNR	New	PENTAIR PLC	$2,718,000	–	40,279	–	0.53%	–
WMB	New	WILLIAMS COS INC DEL	$2,710,000	–	102,088	–	0.52%	–
SBUX	New	STARBUCKS CORP	$2,698,000	–	24,130	–	0.52%	–
EMR	New	EMERSON ELEC CO	$2,635,000	–	27,375	–	0.51%	–
FMC	New	F M C CORP	$2,490,000	–	23,010	–	0.48%	–
VIG	New	VANGUARD GROUPdiv app etf	$2,326,000	–	15,027	–	0.45%	–
CAG	New	CONAGRA BRANDS INC	$2,319,000	–	63,739	–	0.45%	–
MDLZ	New	MONDELEZ INTL INCcl a	$2,297,000	–	36,790	–	0.44%	–
PFE	New	PFIZER INC	$2,275,000	–	58,100	–	0.44%	–
DOCU	New	DOCUSIGN INC	$2,199,000	–	7,865	–	0.42%	–
PG	New	PROCTER AND GAMBLE CO	$2,048,000	–	15,177	–	0.40%	–
CSCO	New	CISCO SYS INC	$2,000,000	–	37,743	–	0.39%	–
DIS	New	DISNEY WALT CO	$1,998,000	–	11,365	–	0.39%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$1,978,000	–	13,492	–	0.38%	–
TXN	New	TEXAS INSTRS INC	$1,900,000	–	9,881	–	0.37%	–
LHX	New	L3HARRIS TECHNOLOGIES INC	$1,901,000	–	8,794	–	0.37%	–
INTC	New	INTEL CORP	$1,855,000	–	33,050	–	0.36%	–
VZ	New	VERIZON COMMUNICATIONS INC	$1,830,000	–	32,665	–	0.35%	–
HD	New	HOME DEPOT INC	$1,770,000	–	5,550	–	0.34%	–
DBX	New	DROPBOX INCcl a	$1,734,000	–	57,210	–	0.34%	–
DCI	New	DONALDSON INC	$1,671,000	–	26,305	–	0.32%	–
BAC	New	BANK AMER CORP	$1,584,000	–	38,410	–	0.31%	–
ABBV	New	ABBVIE INC	$1,565,000	–	13,890	–	0.30%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$1,562,000	–	18,308	–	0.30%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,540,000	–	23,044	–	0.30%	–
ORCL	New	ORACLE CORP	$1,489,000	–	19,125	–	0.29%	–
IEFA	New	ISHARES TRcore msci eafe	$1,453,000	–	19,405	–	0.28%	–
ADSK	New	AUTODESK INC	$1,450,000	–	4,968	–	0.28%	–
SYK	New	STRYKER CORP	$1,391,000	–	5,356	–	0.27%	–
DD	New	DUPONT DE NEMOURS INC	$1,328,000	–	17,151	–	0.26%	–
DOW	New	DOW INC	$1,314,000	–	20,772	–	0.25%	–
SPSB	New	SPDR SER TRportfolio short	$1,283,000	–	41,000	–	0.25%	–
MET	New	METLIFE INC	$1,236,000	–	20,651	–	0.24%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,231,000	–	5,506	–	0.24%	–
USB	New	US BANCORP DEL	$1,225,000	–	21,500	–	0.24%	–
GOOG	New	ALPHABET INC CLASS Ccap stk cl c	$1,213,000	–	484	–	0.24%	–
NSC	New	NORFOLK SOUTHERN CORP	$1,178,000	–	4,437	–	0.23%	–
ALGN	New	ALIGN TECHNOLOGY INC	$1,144,000	–	1,873	–	0.22%	–
AVGOP	New	BROADCOM INC8% cnv pfd ser a	$1,132,000	–	745	–	0.22%	–
C	New	CITIGROUP INC	$1,081,000	–	15,275	–	0.21%	–
ABT	New	ABBOTT LABS	$1,063,000	–	9,172	–	0.21%	–
GE	New	SQUARE INC	$1,053,000	–	54,300	–	0.20%	–
LQD	New	ISHARES TRiboxx inv cp etf	$1,041,000	–	7,748	–	0.20%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$1,035,000	–	4,427	–	0.20%	–
JNK	New	SPDR SER TRbloomberg brclys	$1,028,000	–	9,351	–	0.20%	–
XPO	New	XPO LOGISTICS INC	$1,014,000	–	7,250	–	0.20%	–
IRDM	New	IRIDIUM COMMUNICATIONS INC	$983,000	–	24,588	–	0.19%	–
BDX	New	BECTON DICKINSON & CO	$983,000	–	4,044	–	0.19%	–
CVX	New	CHEVRON CORP NEW	$962,000	–	9,182	–	0.19%	–
AMAT	New	APPLIED MATLS INC	$926,000	–	6,500	–	0.18%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$916,000	–	22,993	–	0.18%	–
MMM	New	3M CO	$892,000	–	4,490	–	0.17%	–
EMB	New	ISHARES TRjpmorgan usd emg	$882,000	–	7,839	–	0.17%	–
HSY	New	HERSHEY CO	$847,000	–	4,862	–	0.16%	–
WSM	New	WILLIAMS SONOMA INC	$850,000	–	5,322	–	0.16%	–
CFX	New	COLFAX CORP	$829,000	–	18,100	–	0.16%	–
CFG	New	CITIZENS FINL GROUP INC	$821,000	–	17,900	–	0.16%	–
LOW	New	LOWES COS INC	$788,000	–	4,065	–	0.15%	–
CHD	New	CHURCH & DWIGHT INC	$760,000	–	8,920	–	0.15%	–
SHW	New	SHERWIN WILLIAMS CO	$736,000	–	2,700	–	0.14%	–
TSLA	New	TESLA INC	$686,000	–	1,010	–	0.13%	–
NVDA	New	NVIDIA CORP	$674,000	–	842	–	0.13%	–
SNY	New	SANOFIsponsored adr	$660,000	–	12,525	–	0.13%	–
WMT	New	WALMART INC	$649,000	–	4,600	–	0.13%	–
SJNK	New	SPDR SER TRbloomberg srt tr	$637,000	–	23,100	–	0.12%	–
RSG	New	REPUBLIC SVCS INC	$620,000	–	5,633	–	0.12%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$620,000	–	10,350	–	0.12%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$612,000	–	2,202	–	0.12%	–
XOM	New	EXXON MOBIL CORP	$543,000	–	8,601	–	0.10%	–
TTE	New	TOTAL S Asponsored adr	$530,000	–	11,700	–	0.10%	–
NUE	New	NUCOR CORP	$480,000	–	5,000	–	0.09%	–
DUK	New	DUKE ENERGY CORP NEW	$468,000	–	4,740	–	0.09%	–
LDUR	New	PIMCO ETF TRenhncd lw dur ac	$464,000	–	4,565	–	0.09%	–
MO	New	ALTRIA GROUP INC	$448,000	–	9,406	–	0.09%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$451,000	–	3,906	–	0.09%	–
T	New	AT&T INC	$442,000	–	15,360	–	0.09%	–
OLED	New	UNIVERSAL DISPLAY CORP	$446,000	–	2,006	–	0.09%	–
EOG	New	EOG RES INC	$423,000	–	5,075	–	0.08%	–
BLL	New	BALL CORP	$415,000	–	5,120	–	0.08%	–
D	New	DOMINION ENERGY INC	$406,000	–	5,522	–	0.08%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$385,000	–	15,950	–	0.07%	–
BFAM	New	BRIGHT HORIZONS FAM SOL IN D	$369,000	–	2,510	–	0.07%	–
COST	New	COSTCO WHSL CORP NEW	$348,000	–	880	–	0.07%	–
AME	New	AMETEK INC	$331,000	–	2,477	–	0.06%	–
ADBE	New	ADOBE INC	$293,000	–	500	–	0.06%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$267,000	–	1,285	–	0.05%	–
AMZN	New	AMAZON COM INC	$265,000	–	77	–	0.05%	–
AXP	New	AMERICAN EXPRESS CO	$239,000	–	1,446	–	0.05%	–
AMGN	New	AMGEN INC	$224,000	–	917	–	0.04%	–
IEMG	New	ISHARES TRcore msci emkt	$221,000	–	3,304	–	0.04%	–
HSIC	New	SCHEIN HENRY INC	$204,000	–	2,750	–	0.04%	–
F	New	FORD MTR CO DEL	$149,000	–	10,000	–	0.03%	–

Q4 2020

			Value		Shares		↓ Weighting
F	Exit	FORD MTR CO DEL	$0	–	-10,000	–	-0.02%	–
OTIS	Exit	OTIS WORLDWIDE CORP	$0	–	-3,270	–	-0.04%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-4,650	–	-0.05%	–
NUE	Exit	NUCOR CORP	$0	–	-5,000	–	-0.05%	–
AMGN	Exit	AMGEN INC	$0	–	-917	–	-0.05%	–
AME	Exit	AMETEK INC	$0	–	-2,477	–	-0.05%	–
ADBE	Exit	ADOBE INC	$0	–	-500	–	-0.05%	–
MCK	Exit	MCKESSON CORP	$0	–	-1,690	–	-0.06%	–
GIS	Exit	GENERAL MLS INC	$0	–	-4,300	–	-0.06%	–
AMZN	Exit	AMAZON COM INC	$0	–	-86	–	-0.06%	–
SNY	Exit	SANOFIsponsored adr	$0	–	-5,525	–	-0.06%	–
BP	Exit	BP PLCsponsored adr	$0	–	-16,215	–	-0.06%	–
SGEN	Exit	SEATTLE GENETICS INC	$0	–	-1,500	–	-0.06%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-8,500	–	-0.06%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-18,950	–	-0.06%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-7,848	–	-0.07%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-880	–	-0.07%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-1,935	–	-0.07%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-4,372	–	-0.07%	–
ENB	Exit	ENBRIDGE INC	$0	–	-12,181	–	-0.08%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-6,500	–	-0.08%	–
CFG	Exit	CITIZENS FINL GROUP INC	$0	–	-17,900	–	-0.10%	–
TSLA	Exit	TESLA INC	$0	–	-1,060	–	-0.10%	–
OLED	Exit	UNIVERSAL DISPLAY CORP	$0	–	-2,574	–	-0.10%	–
BA	Exit	BOEING CO	$0	–	-2,825	–	-0.10%	–
SO	Exit	SOUTHERN CO	$0	–	-8,694	–	-0.10%	–
NVDA	Exit	NVIDIA CORP	$0	–	-900	–	-0.11%	–
BFAM	Exit	BRIGHT HORIZONS FAM SOL IN D	$0	–	-3,290	–	-0.11%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-9,434	–	-0.11%	–
WSM	Exit	WILLIAMS SONOMA INC	$0	–	-5,710	–	-0.11%	–
C	Exit	CITIGROUP INC	$0	–	-12,010	–	-0.11%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-1,930	–	-0.12%	–
EMN	Exit	EASTMAN CHEM CO	$0	–	-6,785	–	-0.12%	–
SPSB	Exit	SPDR SER TRportfolio short	$0	–	-17,000	–	-0.12%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-2,542	–	-0.12%	–
LDUR	Exit	PIMCO ETF TRenhncd lw dur ac	$0	–	-5,275	–	-0.12%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-14,643	–	-0.12%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-1,873	–	-0.13%	–
WMT	Exit	WALMART INC	$0	–	-4,600	–	-0.14%	–
D	Exit	DOMINION ENERGY INC	$0	–	-8,171	–	-0.14%	–
IRDM	Exit	IRIDIUM COMMUNICATIONS INC	$0	–	-25,313	–	-0.14%	–
SJNK	Exit	SPDR SER TRbloomberg srt tr	$0	–	-28,100	–	-0.16%	–
BLL	Exit	BALL CORP	$0	–	-8,970	–	-0.16%	–
MMM	Exit	3M CO	$0	–	-4,741	–	-0.17%	–
HSY	Exit	HERSHEY CO	$0	–	-5,433	–	-0.17%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-4,378	–	-0.18%	–
MET	Exit	METLIFE INC	$0	–	-22,911	–	-0.19%	–
T	Exit	AT&T INC	$0	–	-29,850	–	-0.19%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-9,155	–	-0.19%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-9,829	–	-0.19%	–
DBX	Exit	DROPBOX INCcl a	$0	–	-45,750	–	-0.19%	–
USB	Exit	US BANCORP DEL	$0	–	-25,500	–	-0.20%	–
LOW	Exit	LOWES COS INC	$0	–	-5,565	–	-0.20%	–
AVGOP	Exit	BROADCOM INC8% cnv pfd ser a	$0	–	-745	–	-0.20%	–
JNK	Exit	SPDR SERIES TRUSTbloomberg brclys	$0	–	-8,933	–	-0.20%	–
GOOG	Exit	ALPHABET INC CLASS Ccap stk cl c	$0	–	-642	–	-0.21%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-10,183	–	-0.21%	–
GE	Exit	SQUARE INC	$0	–	-125,756	–	-0.22%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-17,732	–	-0.23%	–
ORCL	Exit	ORACLE CORP	$0	–	-17,440	–	-0.23%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-7,825	–	-0.23%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-20,302	–	-0.25%	–
DOW	Exit	DOW INC	$0	–	-24,018	–	-0.25%	–
ADSK	Exit	AUTODESK INC	$0	–	-4,940	–	-0.25%	–
BAC	Exit	BANK AMER CORP	$0	–	-47,530	–	-0.25%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-36,332	–	-0.27%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-17,828	–	-0.27%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,800	–	-0.27%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-22,921	–	-0.29%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-7,106	–	-0.30%	–
HSIC	Exit	SCHEIN HENRY INC	$0	–	-24,000	–	-0.31%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-23,827	–	-0.31%	–
CSCO	Exit	CISCO SYS INC	$0	–	-36,491	–	-0.31%	–
IGSB	Exit	ISHARES TRsh tr crport etf	$0	–	-26,250	–	-0.32%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-40,174	–	-0.32%	–
DIS	Exit	DISNEY WALT CO	$0	–	-12,017	–	-0.33%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-12,887	–	-0.34%	–
HD	Exit	HOME DEPOT INC	$0	–	-5,650	–	-0.34%	–
PNR	Exit	PENTAIR PLC	$0	–	-34,819	–	-0.35%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-6,929	–	-0.35%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-14,893	–	-0.36%	–
INTC	Exit	INTEL CORP	$0	–	-33,200	–	-0.38%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-23,961	–	-0.38%	–
ABBV	Exit	ABBVIE INC	$0	–	-19,927	–	-0.38%	–
DOCU	Exit	DOCUSIGN INC	$0	–	-8,215	–	-0.39%	–
ABT	Exit	ABBOTT LABS	$0	–	-16,320	–	-0.39%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-27,125	–	-0.39%	–
IEMG	Exit	ISHARES TRcore msci emkt	$0	–	-34,267	–	-0.40%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-30,205	–	-0.40%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-21,170	–	-0.40%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-19,175	–	-0.42%	–
XPO	Exit	XPO LOGISTICS INC	$0	–	-22,692	–	-0.42%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-34,239	–	-0.45%	–
WMB	Exit	WILLIAMS COS INC DEL	$0	–	-104,158	–	-0.45%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-14,381	–	-0.45%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-17,090	–	-0.45%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-10,437	–	-0.49%	–
PFE	Exit	PFIZER INC	$0	–	-61,563	–	-0.49%	–
FMC	Exit	F M C CORP	$0	–	-22,140	–	-0.51%	–
SYK	Exit	STRYKER CORP	$0	–	-11,316	–	-0.52%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-14,610	–	-0.53%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-17,867	–	-0.54%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-72,964	–	-0.57%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-8,958	–	-0.60%	–
VIG	Exit	VANGUARD GROUPdiv app etf	$0	–	-22,687	–	-0.64%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-9,169	–	-0.67%	–
	Exit	QUALCOMM INC	$0	–	-26,188	–	-0.67%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-62,515	–	-0.78%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-13,737	–	-0.84%	–
GNRC	Exit	GENERAC HLDGS INC	$0	–	-20,050	–	-0.85%	–
BE	Exit	BLOOM ENERGY CORP	$0	–	-224,433	–	-0.88%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-39,018	–	-0.89%	–
KO	Exit	COCA COLA CO	$0	–	-89,890	–	-0.97%	–
FTDR	Exit	FRONT DOOR INC	$0	–	-116,439	–	-0.99%	–
INTU	Exit	INTUIT	$0	–	-14,355	–	-1.02%	–
GPN	Exit	GLOBAL PMTS INC	$0	–	-29,435	–	-1.14%	–
PEP	Exit	PEPSICO INC	$0	–	-38,078	–	-1.15%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-25,545	–	-1.22%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-17,109	–	-1.35%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-22,470	–	-1.36%	–
STE	Exit	STERIC PLC	$0	–	-36,555	–	-1.41%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-67,399	–	-1.42%	–
MRK	Exit	MERCK & CO INC	$0	–	-80,572	–	-1.46%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-48,097	–	-1.47%	–
LHX	Exit	L3HARRIS TECHNOLOGIES INC	$0	–	-40,356	–	-1.50%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-33,012	–	-1.63%	–
AWK	Exit	AMERICAN WTR WKS CO INC NEW	$0	–	-52,380	–	-1.66%	–
GOOGL	Exit	ALPHABET INC CLASS Acap stk cl a	$0	–	-5,270	–	-1.69%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-16,373	–	-1.72%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-27,572	–	-1.80%	–
SERV	Exit	SERVICEMASTER GLOBAL HLDGS I	$0	–	-217,754	–	-1.90%	–
ECL	Exit	ECOLAB INC	$0	–	-46,143	–	-2.02%	–
FLT	Exit	FLEETCOR TECHNOLOGIES INC	$0	–	-39,343	–	-2.05%	–
V	Exit	VISA INC	$0	–	-49,431	–	-2.16%	–
EQIX	Exit	EQUINIX INC	$0	–	-13,554	–	-2.25%	–
UNP	Exit	UNION PAC CORP	$0	–	-54,412	–	-2.34%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-72,367	–	-2.36%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-44,961	–	-2.38%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-70,575	–	-2.55%	–
MINT	Exit	PIMCO ETF TRenhan shrt ma ac	$0	–	-120,211	–	-2.68%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-281,144	–	-2.84%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-35,440	–	-3.42%	–
DG	Exit	DOLLAR GENERAL CORP NEW	$0	–	-74,980	–	-3.44%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-76,605	–	-3.61%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-86,696	–	-3.99%	–
AAPL	Exit	APPLE INC	$0	–	-193,989	–	-4.91%	–

Q3 2020

			Value		Shares		↓ Weighting
AAPL	Buy	APPLE INC	$22,466,000	+13.2%	193,989	+256.5%	4.91%	+3.6%
MSFT	Sell	MICROSOFT CORP	$18,235,000	-2.5%	86,696	-5.7%	3.99%	-10.7%
DHR	Sell	DANAHER CORP DEL	$16,495,000	+19.1%	76,605	-2.2%	3.61%	+9.1%
DG	Sell	DOLLAR GENERAL CORP NEW	$15,717,000	+8.2%	74,980	-1.6%	3.44%	-0.9%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$15,647,000	+19.5%	35,440	-1.9%	3.42%	+9.4%
CMCSA	Sell	COMCAST CORP NEWcl a	$13,006,000	+16.9%	281,144	-1.5%	2.84%	+7.1%
MINT	Buy	PIMCO ETF TRenhan shrt ma ac	$12,257,000	+48.3%	120,211	+47.9%	2.68%	+35.8%
ZTS	Buy	ZOETIS INCcl a	$11,671,000	+21.3%	70,575	+0.5%	2.55%	+11.1%
AMT	Sell	AMERICAN TOWER CORP NEW	$10,868,000	-6.9%	44,961	-0.4%	2.38%	-14.7%
JNJ	Sell	JOHNSON & JOHNSON	$10,774,000	+4.6%	72,367	-1.2%	2.36%	-4.2%
UNP	Sell	UNION PAC CORP	$10,712,000	+10.5%	54,412	-5.1%	2.34%	+1.2%
EQIX	Sell	EQUINIX INC	$10,303,000	+7.1%	13,554	-1.1%	2.25%	-1.9%
V	Sell	VISA INC	$9,885,000	+2.7%	49,431	-0.8%	2.16%	-6.0%
FLT	Sell	FLEETCOR TECHNOLOGIES INC	$9,368,000	-5.9%	39,343	-0.6%	2.05%	-13.8%
ECL	Buy	ECOLAB INC	$9,221,000	+2.8%	46,143	+2.4%	2.02%	-5.8%
SERV	Buy	SERVICEMASTER GLOBAL HLDGS I	$8,684,000	+13.0%	217,754	+1.1%	1.90%	+3.5%
APD	Buy	AIR PRODS & CHEMS INC	$8,213,000	+40.2%	27,572	+13.7%	1.80%	+28.4%
CHE	Buy	CHEMED CORP NEW	$7,865,000	+56.1%	16,373	+46.6%	1.72%	+43.0%
GOOGL	Sell	ALPHABET INC CLASS Acap stk cl a	$7,724,000	+2.4%	5,270	-1.0%	1.69%	-6.2%
AWK	Sell	AMERICAN WTR WKS CO INC NEW	$7,589,000	+11.0%	52,380	-1.4%	1.66%	+1.7%
ACN	Buy	ACCENTURE PLC IRELAND	$7,460,000	+415.9%	33,012	+390.1%	1.63%	+373.0%
LHX	Sell	L3HARRIS TECHNOLOGIES INC	$6,854,000	-4.4%	40,356	-4.5%	1.50%	-12.4%
ADP	Buy	AUTOMATIC DATA PROCESSING IN	$6,709,000	+1.2%	48,097	+8.0%	1.47%	-7.3%
MRK	Sell	MERCK & CO INC	$6,683,000	+4.1%	80,572	-3.0%	1.46%	-4.6%
JPM	Sell	JPMORGAN CHASE & CO	$6,489,000	+0.8%	67,399	-1.5%	1.42%	-7.7%
STE	Buy	STERIC PLC	$6,441,000	+55.8%	36,555	+35.6%	1.41%	+42.6%
NEE	Sell	NEXTERA ENERGY INC	$6,237,000	+12.7%	22,470	-2.5%	1.36%	+3.3%
SPGI	Sell	S&P GLOBAL INC	$6,170,000	+3.6%	17,109	-5.4%	1.35%	-5.1%
EL	Buy	LAUDER ESTEE COS INCcl a	$5,575,000	+493.7%	25,545	+413.5%	1.22%	+444.2%
PEP	Sell	PEPSICO INC	$5,278,000	-0.8%	38,078	-5.4%	1.15%	-9.2%
GPN	Buy	GLOBAL PMTS INC	$5,227,000	+31.5%	29,435	+25.6%	1.14%	+20.4%
INTU	New	INTUIT	$4,683,000	–	14,355	–	1.02%	–
FTDR	Sell	FRONT DOOR INC	$4,531,000	-21.3%	116,439	-10.4%	0.99%	-27.9%
MDT	Sell	MEDTRONIC PLC	$4,055,000	-19.9%	39,018	-29.3%	0.89%	-26.6%
BE	Buy	BLOOM ENERGY CORP	$4,033,000	+77.0%	224,433	+7.1%	0.88%	+62.1%
GNRC	New	GENERAC HLDGS INC	$3,882,000	–	20,050	–	0.85%	–
QQQ	Buy	INVESCO QQQ TRunit ser 1	$3,817,000	+46.6%	13,737	+30.6%	0.84%	+34.2%
MDLZ	Buy	MONDELEZ INTL INCcl a	$3,591,000	+12.9%	62,515	+0.5%	0.78%	+3.3%
	New	QUALCOMM INC	$3,082,000	–	26,188	–	0.67%	–
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$3,071,000	+38.8%	9,169	+27.7%	0.67%	+27.0%
VIG	Buy	VANGUARD GROUPdiv app etf	$2,919,000	+15.1%	22,687	+4.8%	0.64%	+5.3%
VOO	Sell	VANGUARD INDEX FDS	$2,756,000	+7.7%	8,958	-0.8%	0.60%	-1.3%
CAG	Sell	CONAGRA BRANDS INC	$2,606,000	+1.1%	72,964	-0.4%	0.57%	-7.3%
PG	Sell	PROCTER AND GAMBLE CO	$2,483,000	+15.2%	17,867	-0.9%	0.54%	+5.4%
HON	Sell	HONEYWELL INTL INC	$2,405,000	+12.2%	14,610	-1.5%	0.53%	+2.7%
SYK	Sell	STRYKER CORP	$2,358,000	-9.9%	11,316	-22.1%	0.52%	-17.4%
FMC	Buy	F M C CORP	$2,345,000	+25.7%	22,140	+18.2%	0.51%	+15.0%
PFE	Buy	PFIZER INC	$2,259,000	+15.9%	61,563	+3.3%	0.49%	+6.2%
NSC	Sell	NORFOLK SOUTHERN CORP	$2,233,000	+19.5%	10,437	-1.9%	0.49%	+9.4%
CHKP	Sell	CHECK POINT SOFTWARE TECH LTord	$2,057,000	+11.0%	17,090	-0.9%	0.45%	+1.6%
TXN	Sell	TEXAS INSTRS INC	$2,053,000	-51.6%	14,381	-57.0%	0.45%	-55.7%
WMB	Buy	WILLIAMS COS INC DEL	$2,047,000	+22.2%	104,158	+18.3%	0.45%	+12.0%
VZ	Sell	VERIZON COMMUNICATIONS INC	$2,037,000	-3.3%	34,239	-10.4%	0.45%	-11.3%
XPO	Sell	XPO LOGISTICS INC	$1,921,000	-26.2%	22,692	-32.7%	0.42%	-32.5%
AXP	Sell	AMERICAN EXPRESS CO	$1,922,000	-27.8%	19,175	-31.5%	0.42%	-34.0%
SBUX	Buy	STARBUCKS CORP	$1,819,000	+81.9%	21,170	+55.7%	0.40%	+66.5%
BMY	Sell	BRISTOL-MYERS SQUIBB CO	$1,821,000	-1.8%	30,205	-4.3%	0.40%	-10.2%
IEMG	Buy	ISHARES TRcore msci emkt	$1,809,000	+185.8%	34,267	+157.5%	0.40%	+162.3%
EMR	Sell	EMERSON ELEC CO	$1,779,000	+5.5%	27,125	-0.2%	0.39%	-3.5%
ABT	Sell	ABBOTT LABS	$1,776,000	+18.3%	16,320	-0.6%	0.39%	+8.4%
DOCU	Sell	DOCUSIGN INC	$1,768,000	-19.8%	8,215	-35.8%	0.39%	-26.6%
CVX	Sell	CHEVRON CORP NEW	$1,725,000	-26.7%	23,961	-9.2%	0.38%	-32.9%
INTC	Sell	INTEL CORP	$1,719,000	-17.0%	33,200	-4.1%	0.38%	-24.0%
PNC	Sell	PNC FINL SVCS GROUP INC	$1,637,000	-2.9%	14,893	-7.0%	0.36%	-11.2%
BDX	Sell	BECTON DICKINSON & CO	$1,612,000	-75.5%	6,929	-74.8%	0.35%	-77.5%
PNR	Sell	PENTAIR PLC	$1,594,000	+7.5%	34,819	-10.8%	0.35%	-1.4%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$1,568,000	-8.0%	12,887	-8.7%	0.34%	-15.7%
DIS	Sell	DISNEY WALT CO	$1,491,000	-70.5%	12,017	-73.5%	0.33%	-73.0%
SCHW	Sell	SCHWAB CHARLES CORP NEW	$1,456,000	+4.0%	40,174	-3.2%	0.32%	-4.8%
IGSB	Buy	ISHARES TRsh tr crport etf	$1,441,000	+217.4%	26,250	+216.3%	0.32%	+191.7%
CSCO	Sell	CISCO SYS INC	$1,437,000	-39.8%	36,491	-28.7%	0.31%	-44.9%
IEFA	Buy	ISHARES TRcore msci eafe	$1,436,000	+9.3%	23,827	+3.6%	0.31%	0.0%
HSIC	Sell	SCHEIN HENRY INC	$1,411,000	-7.7%	24,000	-8.3%	0.31%	-15.3%
RTX	Sell	RAYTHEON TECHNOLOGIES CORP	$1,319,000	-21.5%	22,921	-15.9%	0.29%	-27.9%
IJR	Buy	ISHARES TRcore s&p scp etf	$1,252,000	+4.9%	17,828	+1.9%	0.27%	-3.9%
XOM	Sell	EXXON MOBIL CORP	$1,247,000	-32.3%	36,332	-11.9%	0.27%	-38.0%
ADSK	Buy	AUTODESK INC	$1,141,000	+7.1%	4,940	+11.0%	0.25%	-1.6%
DOW	Sell	DOW INC	$1,130,000	+13.7%	24,018	-1.5%	0.25%	+4.2%
DD	Sell	DUPONT DE NEMOURS INC	$1,126,000	+3.7%	20,302	-0.7%	0.25%	-5.0%
LQD	Sell	ISHARES TRiboxx inv cp etf	$1,054,000	-55.0%	7,825	-55.1%	0.23%	-58.8%
ORCL	Sell	ORACLE CORP	$1,041,000	+7.7%	17,440	-0.3%	0.23%	-1.3%
BNDX	Sell	VANGUARD CHARLOTTE FDSintl bd idx etf	$1,032,000	-1.1%	17,732	-1.9%	0.23%	-9.2%
GE	Sell	SQUARE INC	$1,003,000	+15.0%	125,756	-1.5%	0.22%	+5.3%
RSG	Sell	REPUBLIC SVCS INC	$951,000	-3.5%	10,183	-15.3%	0.21%	-11.5%
JNK	Sell	SPDR SERIES TRUSTbloomberg brclys	$931,000	-40.6%	8,933	-42.3%	0.20%	-45.5%
AVGOP	Sell	BROADCOM INC8% cnv pfd ser a	$929,000	+8.3%	745	-3.2%	0.20%	-1.0%
DBX	New	DROPBOX INCcl a	$881,000	–	45,750	–	0.19%	–
DUK	Sell	DUKE ENERGY CORP NEW	$870,000	+8.8%	9,829	-1.9%	0.19%	-0.5%
MET	Sell	METLIFE INC	$852,000	-15.7%	22,911	-17.2%	0.19%	-22.8%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$830,000	-78.0%	4,378	-79.7%	0.18%	-79.8%
HSY	Sell	HERSHEY CO	$779,000	+3.5%	5,433	-6.5%	0.17%	-5.6%
MMM	Sell	3M CO	$759,000	-6.4%	4,741	-8.8%	0.17%	-14.4%
BLL	Buy	BALL CORP	$746,000	+68.4%	8,970	+40.8%	0.16%	+53.8%
SJNK	Sell	SPDR SER TRbloomberg srt tr	$727,000	-19.3%	28,100	-21.4%	0.16%	-26.0%
IRDM	Buy	IRIDIUM COMMUNICATIONS INC	$648,000	+12.7%	25,313	+11.9%	0.14%	+3.6%
ALGN	Sell	ALIGN TECHNOLOGY INC	$613,000	+11.9%	1,873	-6.3%	0.13%	+2.3%
GSK	Sell	GLAXOSMITHKLINE PLCsponsored adr	$551,000	-12.5%	14,643	-5.2%	0.12%	-19.3%
LDUR	Sell	PIMCO ETF TRenhncd lw dur ac	$539,000	-4.3%	5,275	-4.5%	0.12%	-11.9%
SPSB	Buy	SPDR SER TRportfolio short	$533,000	+8.3%	17,000	+8.3%	0.12%	-0.8%
EMN	Sell	EASTMAN CHEM CO	$530,000	-1.7%	6,785	-12.3%	0.12%	-10.1%
WSM	Buy	WILLIAMS SONOMA INC	$516,000	+154.2%	5,710	+130.2%	0.11%	+135.4%
C	Buy	CITIGROUP INC	$518,000	-7.5%	12,010	+9.7%	0.11%	-15.7%
BFAM	New	BRIGHT HORIZONS FAM SOL IN D	$500,000	–	3,290	–	0.11%	–
OLED	Sell	UNIVERSAL DISPLAY CORP	$465,000	+5.9%	2,574	-12.4%	0.10%	-2.9%
BA	Sell	BOEING CO	$467,000	-29.7%	2,825	-22.0%	0.10%	-35.8%
TSLA	Buy	TESLA INC	$455,000	+68.5%	1,060	+324.0%	0.10%	+56.2%
CFG	Sell	CITIZENS FINL GROUP INC	$453,000	-6.2%	17,900	-6.5%	0.10%	-13.9%
ENB	Sell	ENBRIDGE INC	$356,000	-10.8%	12,181	-7.1%	0.08%	-17.9%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$322,000	+26.8%	1,935	-15.3%	0.07%	+14.8%
BP	Sell	BP PLCsponsored adr	$283,000	-29.4%	16,215	-5.8%	0.06%	-35.4%
AME	Sell	AMETEK INC	$246,000	+9.8%	2,477	-1.2%	0.05%	+1.9%
ADBE	Sell	ADOBE INC	$245,000	-3.9%	500	-14.5%	0.05%	-11.5%
ADM	Sell	ARCHER DANIELS MIDLAND CO	$216,000	+3.3%	4,650	-11.4%	0.05%	-6.0%
OTIS	New	OTIS WORLDWIDE CORP	$204,000	–	3,270	–	0.04%	–
KRE	Exit	SPDR SER TRs&p regl bkg	$0	–	-5,300	–	-0.05%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-8,370	–	-0.05%	–
EOG	Exit	EOG RES INC	$0	–	-4,450	–	-0.05%	–
CRI	Exit	CARTERS INC	$0	–	-3,175	–	-0.06%	–
CB	Exit	CHUBB LIMITED	$0	–	-2,088	–	-0.06%	–
	Exit	DROPBOX INCcl a	$0	–	-42,100	–	-0.22%	–
QCOM	Exit	QUALCOMM INC	$0	–	-27,022	–	-0.59%	–

Q2 2020

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$19,850,000	–	54,414	–	4.74%	–
MSFT	New	MICROSOFT CORP	$18,711,000	–	91,942	–	4.47%	–
DG	New	DOLLAR GENERAL CORP NEW	$14,522,000	–	76,225	–	3.47%	–
DHR	New	DANAHER CORP DEL	$13,853,000	–	78,340	–	3.31%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$13,096,000	–	36,142	–	3.13%	–
AMT	New	AMERICAN TOWER CORP NEW	$11,675,000	–	45,156	–	2.79%	–
CMCSA	New	COMCAST CORP NEWcl a	$11,126,000	–	285,440	–	2.66%	–
JNJ	New	JOHNSON & JOHNSON	$10,302,000	–	73,256	–	2.46%	–
FLT	New	FLEETCOR TECHNOLOGIES INC	$9,959,000	–	39,593	–	2.38%	–
UNP	New	UNION PAC CORP	$9,695,000	–	57,342	–	2.32%	–
V	New	VISA INC	$9,628,000	–	49,842	–	2.30%	–
EQIX	New	EQUINIX INC	$9,624,000	–	13,704	–	2.30%	–
ZTS	New	ZOETIS INCcl a	$9,620,000	–	70,200	–	2.30%	–
ECL	New	ECOLAB INC	$8,969,000	–	45,080	–	2.14%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$8,266,000	–	81,287	–	1.97%	–
SERV	New	SERVICEMASTER GLOBAL HLDGS I	$7,685,000	–	215,324	–	1.84%	–
GOOGL	New	ALPHABET INC CLASS Acap stk cl a	$7,545,000	–	5,321	–	1.80%	–
LHX	New	L3HARRIS TECHNOLOGIES INC	$7,168,000	–	42,247	–	1.71%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$6,836,000	–	53,130	–	1.63%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$6,628,000	–	44,515	–	1.58%	–
BDX	New	BECTON DICKINSON & CO	$6,568,000	–	27,452	–	1.57%	–
JPM	New	JPMORGAN CHASE & CO	$6,437,000	–	68,435	–	1.54%	–
MRK	New	MERCK & CO INC	$6,420,000	–	83,022	–	1.53%	–
SPGI	New	S&P GLOBAL INC	$5,958,000	–	18,084	–	1.42%	–
APD	New	AIR PRODS & CHEMS INC	$5,858,000	–	24,259	–	1.40%	–
FTDR	New	FRONT DOOR INC	$5,758,000	–	129,899	–	1.38%	–
NEE	New	NEXTERA ENERGY INC	$5,533,000	–	23,036	–	1.32%	–
PEP	New	PEPSICO INC	$5,322,000	–	40,238	–	1.27%	–
MDT	New	MEDTRONIC PLC	$5,060,000	–	55,183	–	1.21%	–
DIS	New	DISNEY WALT CO	$5,052,000	–	45,305	–	1.21%	–
CHE	New	CHEMED CORP NEW	$5,039,000	–	11,171	–	1.20%	–
TXN	New	TEXAS INSTRS INC	$4,246,000	–	33,441	–	1.01%	–
STE	New	STERIC PLC	$4,135,000	–	26,950	–	0.99%	–
KO	New	COCA COLA CO	$4,016,000	–	89,890	–	0.96%	–
GPN	New	GLOBAL PMTS INC	$3,975,000	–	23,436	–	0.95%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$3,775,000	–	21,576	–	0.90%	–
MDLZ	New	MONDELEZ INTL INCcl a	$3,181,000	–	62,215	–	0.76%	–
AXP	New	AMERICAN EXPRESS CO	$2,663,000	–	27,975	–	0.64%	–
SYK	New	STRYKER CORP	$2,617,000	–	14,521	–	0.62%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$2,604,000	–	10,515	–	0.62%	–
XPO	New	XPO LOGISTICS INC	$2,603,000	–	33,698	–	0.62%	–
CAG	New	CONAGRA BRANDS INC	$2,577,000	–	73,264	–	0.62%	–
VOO	New	VANGUARD INDEX FDS	$2,559,000	–	9,028	–	0.61%	–
VIG	New	VANGUARD GROUPdiv app etf	$2,537,000	–	21,649	–	0.61%	–
QCOM	New	QUALCOMM INC	$2,465,000	–	27,022	–	0.59%	–
CSCO	New	CISCO SYS INC	$2,387,000	–	51,186	–	0.57%	–
CVX	New	CHEVRON CORP NEW	$2,354,000	–	26,376	–	0.56%	–
LQD	New	ISHARES TRiboxx inv cp etf	$2,344,000	–	17,430	–	0.56%	–
BE	New	BLOOM ENERGY CORP	$2,279,000	–	209,483	–	0.54%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$2,213,000	–	7,178	–	0.53%	–
DOCU	New	DOCUSIGN INC	$2,205,000	–	12,805	–	0.53%	–
PG	New	PROCTER AND GAMBLE CO	$2,156,000	–	18,031	–	0.52%	–
HON	New	HONEYWELL INTL INC	$2,144,000	–	14,830	–	0.51%	–
VZ	New	VERIZON COMMUNICATIONS INC	$2,107,000	–	38,219	–	0.50%	–
INTC	New	INTEL CORP	$2,071,000	–	34,617	–	0.50%	–
ABBV	New	ABBVIE INC	$1,956,000	–	19,927	–	0.47%	–
PFE	New	PFIZER INC	$1,949,000	–	59,590	–	0.46%	–
FMC	New	F M C CORP	$1,866,000	–	18,730	–	0.45%	–
NSC	New	NORFOLK SOUTHERN CORP	$1,868,000	–	10,637	–	0.45%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$1,853,000	–	17,250	–	0.44%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,855,000	–	31,555	–	0.44%	–
XOM	New	EXXON MOBIL CORP	$1,843,000	–	41,222	–	0.44%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$1,705,000	–	14,117	–	0.41%	–
EMR	New	EMERSON ELEC CO	$1,686,000	–	27,175	–	0.40%	–
PNC	New	PNC FINL SVCS GROUP INC	$1,686,000	–	16,021	–	0.40%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$1,680,000	–	27,259	–	0.40%	–
WMB	New	WILLIAMS COS INC DEL	$1,675,000	–	88,078	–	0.40%	–
JNK	New	SPDR SERIES TRUSTbloomberg brclys	$1,567,000	–	15,491	–	0.37%	–
HSIC	New	SCHEIN HENRY INC	$1,528,000	–	26,175	–	0.36%	–
ABT	New	ABBOTT LABS	$1,501,000	–	16,420	–	0.36%	–
PNR	New	PENTAIR PLC	$1,483,000	–	39,039	–	0.35%	–
ACN	New	ACCENTURE PLC IRELAND	$1,446,000	–	6,736	–	0.34%	–
HD	New	HOME DEPOT INC	$1,415,000	–	5,650	–	0.34%	–
SCHW	New	SCHWAB CHARLES CORP NEW	$1,400,000	–	41,508	–	0.33%	–
IEFA	New	ISHARES TRcore msci eafe	$1,314,000	–	22,990	–	0.31%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,242,000	–	7,106	–	0.30%	–
IJR	New	ISHARES TRcore s&p scp etf	$1,194,000	–	17,491	–	0.28%	–
BAC	New	BANK AMER CORP	$1,129,000	–	47,530	–	0.27%	–
DD	New	DUPONT DE NEMOURS INC	$1,086,000	–	20,435	–	0.26%	–
ADSK	New	AUTODESK INC	$1,065,000	–	4,451	–	0.25%	–
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$1,043,000	–	18,075	–	0.25%	–
SHW	New	SHERWIN WILLIAMS CO	$1,040,000	–	1,800	–	0.25%	–
MET	New	METLIFE INC	$1,011,000	–	27,682	–	0.24%	–
SBUX	New	STARBUCKS CORP	$1,000,000	–	13,595	–	0.24%	–
DOW	New	DOW INC	$994,000	–	24,384	–	0.24%	–
RSG	New	REPUBLIC SVCS INC	$986,000	–	12,016	–	0.24%	–
ORCL	New	ORACLE CORP	$967,000	–	17,487	–	0.23%	–
EL	New	LAUDER ESTEE COS INCcl a	$939,000	–	4,975	–	0.22%	–
USB	New	US BANCORP DEL	$939,000	–	25,500	–	0.22%	–
	New	DROPBOX INCcl a	$917,000	–	42,100	–	0.22%	–
GOOG	New	ALPHABET INC CLASS Ccap stk cl c	$908,000	–	642	–	0.22%	–
SJNK	New	SPDR SER TRbloomberg srt tr	$901,000	–	35,750	–	0.22%	–
T	New	AT&T INC	$902,000	–	29,850	–	0.22%	–
GE	New	GENERAL ELECTRIC CO	$872,000	–	127,656	–	0.21%	–
AVGOP	New	BROADCOM INC8% cnv pfd ser a	$858,000	–	770	–	0.20%	–
MMM	New	3M CO	$811,000	–	5,196	–	0.19%	–
DUK	New	DUKE ENERGY CORP NEW	$800,000	–	10,016	–	0.19%	–
LOW	New	LOWES COS INC	$752,000	–	5,565	–	0.18%	–
HSY	New	HERSHEY CO	$753,000	–	5,810	–	0.18%	–
CHD	New	CHURCH & DWIGHT INC	$708,000	–	9,155	–	0.17%	–
BA	New	BOEING CO	$664,000	–	3,620	–	0.16%	–
D	New	DOMINION ENERGY INC	$663,000	–	8,171	–	0.16%	–
IEMG	New	ISHARES TRcore msci emkt	$633,000	–	13,308	–	0.15%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$630,000	–	15,443	–	0.15%	–
IRDM	New	IRIDIUM COMMUNICATIONS INC	$575,000	–	22,613	–	0.14%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$560,000	–	1,930	–	0.13%	–
LDUR	New	PIMCO ETF TRenhncd lw dur ac	$563,000	–	5,525	–	0.13%	–
C	New	CITIGROUP INC	$560,000	–	10,951	–	0.13%	–
WMT	New	WALMART INC	$551,000	–	4,600	–	0.13%	–
ALGN	New	ALIGN TECHNOLOGY INC	$548,000	–	1,998	–	0.13%	–
EMN	New	EASTMAN CHEM CO	$539,000	–	7,735	–	0.13%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$499,000	–	9,434	–	0.12%	–
SPSB	New	SPDR SER TRportfolio short	$492,000	–	15,700	–	0.12%	–
CFG	New	CITIZENS FINL GROUP INC	$483,000	–	19,150	–	0.12%	–
IGSB	New	ISHARES TRsh tr crport etf	$454,000	–	8,300	–	0.11%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$454,000	–	2,542	–	0.11%	–
SO	New	SOUTHERN CO	$451,000	–	8,694	–	0.11%	–
BLL	New	BALL CORP	$443,000	–	6,370	–	0.11%	–
OLED	New	UNIVERSAL DISPLAY CORP	$439,000	–	2,937	–	0.10%	–
BP	New	BP PLCsponsored adr	$401,000	–	17,215	–	0.10%	–
ENB	New	ENBRIDGE INC	$399,000	–	13,107	–	0.10%	–
AMAT	New	APPLIED MATLS INC	$393,000	–	6,500	–	0.09%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$344,000	–	18,950	–	0.08%	–
NVDA	New	NVIDIA CORP	$342,000	–	900	–	0.08%	–
TTE	New	TOTAL S Asponsored adr	$327,000	–	8,500	–	0.08%	–
MO	New	ALTRIA GROUP INC	$308,000	–	7,848	–	0.07%	–
PM	New	PHILIP MORRIS INTL INC	$306,000	–	4,372	–	0.07%	–
SNY	New	SANOFIsponsored adr	$282,000	–	5,525	–	0.07%	–
TSLA	New	TESLA INC	$270,000	–	250	–	0.06%	–
COST	New	COSTCO WHSL CORP NEW	$267,000	–	880	–	0.06%	–
CB	New	CHUBB LIMITED	$264,000	–	2,088	–	0.06%	–
GIS	New	GENERAL MLS INC	$265,000	–	4,300	–	0.06%	–
MCK	New	MCKESSON CORP	$259,000	–	1,690	–	0.06%	–
SGEN	New	SEATTLE GENETICS INC	$255,000	–	1,500	–	0.06%	–
CRI	New	CARTERS INC	$256,000	–	3,175	–	0.06%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$254,000	–	2,285	–	0.06%	–
ADBE	New	ADOBE INC	$255,000	–	585	–	0.06%	–
AMZN	New	AMAZON COM INC	$237,000	–	86	–	0.06%	–
EOG	New	EOG RES INC	$225,000	–	4,450	–	0.05%	–
AME	New	AMETEK INC	$224,000	–	2,507	–	0.05%	–
AMGN	New	AMGEN INC	$216,000	–	917	–	0.05%	–
WFC	New	WELLS FARGO CO NEW	$214,000	–	8,370	–	0.05%	–
ADM	New	ARCHER DANIELS MIDLAND CO	$209,000	–	5,250	–	0.05%	–
NUE	New	NUCOR CORP	$207,000	–	5,000	–	0.05%	–
WSM	New	WILLIAMS SONOMA INC	$203,000	–	2,480	–	0.05%	–
KRE	New	SPDR SER TRs&p regl bkg	$203,000	–	5,300	–	0.05%	–
F	New	FORD MTR CO DEL	$61,000	–	10,000	–	0.02%	–

Q4 2019

			Value		Shares		↓ Weighting
F	Exit	FORD MTR CO DEL	$0	–	-10,000	–	-0.02%	–
WSM	Exit	WILLIAMS SONOMA INC	$0	–	-3,040	–	-0.05%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-5,150	–	-0.05%	–
PEG	Exit	PUBLIC SVC ENTERPRISE GRP IN	$0	–	-3,473	–	-0.05%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-2,802	–	-0.06%	–
ES	Exit	EVERSOURCE ENERGY	$0	–	-2,624	–	-0.06%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-4,400	–	-0.06%	–
IGSB	Exit	ISHARES TRsh tr crport etf	$0	–	-4,350	–	-0.06%	–
GIS	Exit	GENERAL MLS INC	$0	–	-4,300	–	-0.06%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-4,097	–	-0.06%	–
AME	Exit	AMETEK INC NEW	$0	–	-2,687	–	-0.06%	–
SNY	Exit	SANOFIsponsored adr	$0	–	-5,525	–	-0.06%	–
CRI	Exit	CARTERS INC	$0	–	-2,950	–	-0.07%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-4,628	–	-0.07%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-1,279	–	-0.07%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-980	–	-0.07%	–
SPSB	Exit	SPDR SERIES TRUSTportfolio short	$0	–	-9,500	–	-0.07%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-2,485	–	-0.08%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-6,500	–	-0.08%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-1,930	–	-0.08%	–
KRE	Exit	SPDR SERIES TRUSTs & p regl bkg	$0	–	-6,600	–	-0.09%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-10,265	–	-0.09%	–
DHI	Exit	D R HORTON INC	$0	–	-6,700	–	-0.09%	–
LDUR	Exit	PIMCO ETF TRenhncd lw dur ac	$0	–	-3,625	–	-0.09%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-4,997	–	-0.10%	–
BE	Exit	BLOOM ENERGY CORP	$0	–	-120,200	–	-0.10%	–
MCK	Exit	MCKESSON CORP	$0	–	-3,090	–	-0.11%	–
CB	Exit	CHUBB LIMITED	$0	–	-2,634	–	-0.11%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-9,650	–	-0.11%	–
CFG	Exit	CITIZENS FINL GROUP INC	$0	–	-13,475	–	-0.12%	–
IRDM	Exit	IRIDIUM COMMUNICATIONS INC	$0	–	-22,813	–	-0.12%	–
ENB	Exit	ENBRIDGE INC	$0	–	-14,684	–	-0.13%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-10,470	–	-0.13%	–
SO	Exit	SOUTHERN CO	$0	–	-8,694	–	-0.13%	–
OLED	Exit	UNIVERSAL DISPLAY CORP	$0	–	-3,217	–	-0.14%	–
XPO	Exit	XPO LOGISTICS INC	$0	–	-7,645	–	-0.14%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-2,742	–	-0.14%	–
LLY	Exit	LILLY ELI & CO	$0	–	-5,170	–	-0.14%	–
EMB	Exit	ISHARES TRjpmorgan usd emg	$0	–	-5,142	–	-0.15%	–
WMT	Exit	WALMART INC	$0	–	-5,100	–	-0.15%	–
LOW	Exit	LOWES COS INC	$0	–	-5,765	–	-0.16%	–
EMN	Exit	EASTMAN CHEM CO	$0	–	-8,841	–	-0.16%	–
BP	Exit	BP PLCsponsored adr	$0	–	-17,215	–	-0.16%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-15,443	–	-0.16%	–
D	Exit	DOMINION ENERGY INC	$0	–	-8,171	–	-0.17%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-9,635	–	-0.18%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-4,032	–	-0.18%	–
C	Exit	CITIGROUP INC	$0	–	-11,380	–	-0.20%	–
SJNK	Exit	SPDR SER TRbloomberg srt tr	$0	–	-29,750	–	-0.20%	–
DOCU	Exit	DOCUSIGN INC	$0	–	-13,015	–	-0.20%	–
GOOG	Exit	ALPHABET INC CLASS Ccap stk cl c	$0	–	-680	–	-0.21%	–
GPN	Exit	GLOBAL PMTS INC	$0	–	-5,195	–	-0.21%	–
CBRE	Exit	CBRE GROUP INCcl a	$0	–	-15,975	–	-0.21%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-12,181	–	-0.22%	–
SYK	Exit	STRYKER CORP	$0	–	-4,159	–	-0.22%	–
COG	Exit	CABOT OIL & GAS CORP	$0	–	-51,510	–	-0.23%	–
MMM	Exit	3M CO	$0	–	-5,556	–	-0.23%	–
HSY	Exit	HERSHEY CO	$0	–	-5,884	–	-0.23%	–
ORCL	Exit	ORACLE CORP	$0	–	-17,240	–	-0.24%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-10,249	–	-0.25%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,800	–	-0.25%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-5,075	–	-0.25%	–
DOW	Exit	DOW INC	$0	–	-21,360	–	-0.26%	–
EOG	Exit	EOG RES INC	$0	–	-14,518	–	-0.27%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-13,350	–	-0.29%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-129,156	–	-0.29%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-7,406	–	-0.29%	–
T	Exit	AT&T INC	$0	–	-34,460	–	-0.33%	–
ABBV	Exit	ABBVIE INC	$0	–	-17,652	–	-0.33%	–
ABT	Exit	ABBOTT LABS	$0	–	-16,315	–	-0.34%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-10,739	–	-0.34%	–
BA	Exit	BOEING CO	$0	–	-3,640	–	-0.35%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-12,352	–	-0.35%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-9,019	–	-0.36%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-28,749	–	-0.36%	–
USB	Exit	US BANCORP DEL	$0	–	-26,350	–	-0.36%	–
HD	Exit	HOME DEPOT INC	$0	–	-6,350	–	-0.37%	–
BAC	Exit	BANK AMER CORP	$0	–	-50,530	–	-0.37%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-10,912	–	-0.37%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-5,753	–	-0.39%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-23,817	–	-0.40%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-26,634	–	-0.43%	–
WMB	Exit	WILLIAMS COS INC DEL	$0	–	-72,640	–	-0.44%	–
INTC	Exit	INTEL CORP	$0	–	-33,942	–	-0.44%	–
DISCA	Exit	DISCOVERY INC	$0	–	-67,240	–	-0.45%	–
PNR	Exit	PENTAIR PLC	$0	–	-49,085	–	-0.46%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-10,343	–	-0.49%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-47,105	–	-0.49%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-11,137	–	-0.50%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-72,923	–	-0.52%	–
PFE	Exit	PFIZER INC	$0	–	-58,375	–	-0.52%	–
QCOM	Exit	QUALCOMM INC	$0	–	-28,652	–	-0.55%	–
ET	Exit	ENERGY TRANSFER EQUITY L P	$0	–	-167,461	–	-0.55%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-18,131	–	-0.56%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-16,081	–	-0.56%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-16,080	–	-0.58%	–
RTN	Exit	RAYTHEON CO	$0	–	-13,077	–	-0.64%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-15,425	–	-0.65%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-10,603	–	-0.67%	–
DIS	Exit	DISNEY WALT CO	$0	–	-21,038	–	-0.69%	–
MET	Exit	METLIFE INC	$0	–	-58,876	–	-0.69%	–
VIG	Exit	VANGUARD GROUPdiv app etf	$0	–	-23,728	–	-0.71%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-9,986	–	-0.74%	–
HSIC	Exit	SCHEIN HENRY INC	$0	–	-48,616	–	-0.77%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-45,017	–	-0.80%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-27,784	–	-0.82%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-30,250	–	-0.90%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-61,260	–	-0.92%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-67,197	–	-0.93%	–
MINT	Exit	PIMCO ETF TRenhan shrt ma ac	$0	–	-36,610	–	-0.93%	–
BDXA	Exit	BECTON DICKINSON & CO	$0	–	-65,355	–	-1.01%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-19,299	–	-1.18%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-43,875	–	-1.20%	–
KO	Exit	COCA COLA CO	$0	–	-90,115	–	-1.23%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-40,035	–	-1.29%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-23,721	–	-1.38%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-26,760	–	-1.39%	–
PEP	Exit	PEPSICO INC	$0	–	-40,790	–	-1.40%	–
GOOGL	Exit	ALPHABET INC CLASS Acap stk cl a	$0	–	-5,149	–	-1.57%	–
AWK	Exit	AMERICAN WTR WKS CO INC NEW	$0	–	-53,628	–	-1.67%	–
FTDR	Exit	FRONT DOOR INC	$0	–	-142,168	–	-1.73%	–
V	Exit	VISA INC	$0	–	-42,706	–	-1.84%	–
MRK	Exit	MERCK & CO INC	$0	–	-88,610	–	-1.86%	–
LHX	Exit	L3HARRIS TECHNOLOGIES INC	$0	–	-35,835	–	-1.87%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-247,445	–	-1.90%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-67,470	–	-1.99%	–
EQIX	Exit	EQUINIX INC	$0	–	-14,005	–	-2.02%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-65,482	–	-2.04%	–
ECL	Exit	ECOLAB INC	$0	–	-43,114	–	-2.14%	–
CSCO	Exit	CISCO SYS INC	$0	–	-175,876	–	-2.17%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-86,340	–	-2.34%	–
SERV	Exit	SERVICEMASTER GLOBAL HLDGS I	$0	–	-173,020	–	-2.42%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-75,416	–	-2.44%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-45,935	–	-2.54%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-35,306	–	-2.57%	–
FLT	Exit	FLEETCOR TECHNOLOGIES INC	$0	–	-39,778	–	-2.85%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-79,981	–	-2.89%	–
UNP	Exit	UNION PAC CORP	$0	–	-76,096	–	-3.08%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-277,605	–	-3.13%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-91,918	–	-3.20%	–
DG	Exit	DOLLAR GENERAL CORP NEW	$0	–	-84,196	–	-3.35%	–
AAPL	Exit	APPLE INC	$0	–	-59,876	–	-3.35%	–

Q3 2019

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$13,410,000	+10.9%	59,876	-2.0%	3.35%	+9.4%
DG	Sell	DOLLAR GENERAL CORP NEW	$13,382,000	+15.4%	84,196	-1.9%	3.35%	+13.8%
MSFT	Sell	MICROSOFT CORP	$12,779,000	+0.3%	91,918	-3.3%	3.20%	-1.1%
CMCSA	Sell	COMCAST CORP NEWcl a	$12,514,000	+5.1%	277,605	-1.4%	3.13%	+3.7%
UNP	Sell	UNION PAC CORP	$12,326,000	-5.3%	76,096	-1.1%	3.08%	-6.6%
DHR	Sell	DANAHER CORP DEL	$11,552,000	+0.0%	79,981	-1.0%	2.89%	-1.4%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$10,284,000	-1.4%	35,306	-0.6%	2.57%	-2.8%
AMT	Sell	AMERICAN TOWER CORP NEW	$10,158,000	+6.5%	45,935	-1.6%	2.54%	+4.9%
JNJ	Sell	JOHNSON & JOHNSON	$9,757,000	-8.9%	75,416	-2.0%	2.44%	-10.2%
SERV	Sell	SERVICEMASTER GLOBAL HLDGS I	$9,672,000	+6.6%	173,020	-0.7%	2.42%	+5.1%
MDT	Sell	MEDTRONIC PLC	$9,378,000	+10.4%	86,340	-1.0%	2.34%	+8.9%
CSCO	Buy	CISCO SYS INC	$8,690,000	+0.7%	175,876	+11.5%	2.17%	-0.8%
ECL	Sell	ECOLAB INC	$8,538,000	-1.1%	43,114	-1.4%	2.14%	-2.5%
ZTS	Sell	ZOETIS INCcl a	$8,158,000	+8.8%	65,482	-0.9%	2.04%	+7.2%
EQIX	Sell	EQUINIX INC	$8,078,000	+12.8%	14,005	-1.4%	2.02%	+11.2%
JPM	Sell	JPMORGAN CHASE & CO	$7,941,000	+4.6%	67,470	-0.6%	1.99%	+3.1%
CAG	Buy	CONAGRA BRANDS INC	$7,592,000	+16.1%	247,445	+0.3%	1.90%	+14.5%
LHX	New	L3HARRIS TECHNOLOGIES INC	$7,477,000	–	35,835	–	1.87%	–
MRK	Sell	MERCK & CO INC	$7,459,000	-0.8%	88,610	-1.2%	1.86%	-2.2%
V	Sell	VISA INC	$7,346,000	-3.6%	42,706	-2.7%	1.84%	-4.9%
FTDR	Sell	FRONT DOOR INC	$6,905,000	+6.8%	142,168	-4.2%	1.73%	+5.3%
AWK	Sell	AMERICAN WTR WKS CO INC NEW	$6,662,000	+6.3%	53,628	-0.8%	1.67%	+4.7%
GOOGL	Sell	ALPHABET INC CLASS Acap stk cl a	$6,288,000	+12.3%	5,149	-0.4%	1.57%	+10.7%
PEP	Sell	PEPSICO INC	$5,592,000	+4.2%	40,790	-0.3%	1.40%	+2.7%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$5,547,000	+4.9%	26,760	-0.4%	1.39%	+3.4%
NEE	Sell	NEXTERA ENERGY INC	$5,527,000	+11.1%	23,721	-2.3%	1.38%	+9.5%
TXN	Sell	TEXAS INSTRS INC	$5,174,000	+10.5%	40,035	-1.9%	1.29%	+8.9%
KO	Buy	COCA COLA CO	$4,906,000	+7.5%	90,115	+0.6%	1.23%	+6.0%
CHKP	Sell	CHECK POINT SOFTWARE TECH LTord	$4,804,000	-5.8%	43,875	-0.6%	1.20%	-7.2%
SPGI	Sell	S&P GLOBAL INC	$4,728,000	+7.3%	19,299	-0.3%	1.18%	+5.7%
MINT	Buy	PIMCO ETF TRenhan shrt ma ac	$3,724,000	+0.7%	36,610	+0.8%	0.93%	-0.7%
MDLZ	Sell	MONDELEZ INTL INCcl a	$3,717,000	+0.0%	67,197	-2.5%	0.93%	-1.4%
VZ	Sell	VERIZON COMMUNICATIONS INC	$3,698,000	+2.8%	61,260	-2.8%	0.92%	+1.3%
AXP	Sell	AMERICAN EXPRESS CO	$3,578,000	-6.1%	30,250	-2.0%	0.90%	-7.4%
CVX	Sell	CHEVRON CORP NEW	$3,295,000	-8.4%	27,784	-3.9%	0.82%	-9.6%
XOM	Sell	EXXON MOBIL CORP	$3,179,000	-8.8%	45,017	-1.0%	0.80%	-10.1%
HSIC	Sell	SCHEIN HENRY INC	$3,087,000	-12.6%	48,616	-3.8%	0.77%	-13.9%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$2,964,000	+40.3%	9,986	+38.5%	0.74%	+38.2%
VIG	Buy	VANGUARD GROUPdiv app etf	$2,837,000	+55.5%	23,728	+49.8%	0.71%	+53.1%
MET	Buy	METLIFE INC	$2,777,000	-3.1%	58,876	+2.0%	0.69%	-4.5%
DIS	Sell	DISNEY WALT CO	$2,742,000	-9.3%	21,038	-2.8%	0.69%	-10.6%
BDX	Buy	BECTON DICKINSON & CO	$2,682,000	+27.2%	10,603	+26.7%	0.67%	+25.4%
HON	Sell	HONEYWELL INTL INC	$2,610,000	-4.8%	15,425	-1.8%	0.65%	-6.0%
RTN	Sell	RAYTHEON CO	$2,566,000	+11.6%	13,077	-1.1%	0.64%	+10.1%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$2,338,000	+4.8%	16,080	-0.6%	0.58%	+3.4%
PNC	Sell	PNC FINL SVCS GROUP INC	$2,254,000	+1.9%	16,081	-0.2%	0.56%	+0.5%
PG	Sell	PROCTER AND GAMBLE CO	$2,255,000	+9.2%	18,131	-3.7%	0.56%	+7.6%
ET	Sell	ENERGY TRANSFER EQUITY L P	$2,190,000	-12.6%	167,461	-5.9%	0.55%	-13.8%
QCOM	Sell	QUALCOMM INC	$2,186,000	-1.6%	28,652	-1.8%	0.55%	-2.8%
NSC	Sell	NORFOLK SOUTHERN CORP	$2,001,000	-11.5%	11,137	-1.8%	0.50%	-12.7%
SCHW	Sell	SCHWAB CHARLES CORP NEW	$1,970,000	-10.2%	47,105	-13.7%	0.49%	-11.5%
QQQ	Buy	INVESCO QQQ TRunit ser 1	$1,953,000	+20.3%	10,343	+18.9%	0.49%	+18.4%
PNR	Sell	PENTAIR PLC	$1,855,000	-1.1%	49,085	-2.6%	0.46%	-2.5%
DISCA	Sell	DISCOVERY INC	$1,791,000	-14.3%	67,240	-1.2%	0.45%	-15.5%
WMB	Buy	WILLIAMS COS INC DEL	$1,748,000	-11.7%	72,640	+2.9%	0.44%	-12.9%
INTC	Sell	INTEL CORP	$1,749,000	+5.2%	33,942	-2.3%	0.44%	+3.6%
EFA	New	ISHARES TRmsci eafe etf	$1,737,000	–	26,634	–	0.43%	–
EMR	Buy	EMERSON ELEC CO	$1,592,000	+10.1%	23,817	+9.9%	0.40%	+8.4%
VOO	Buy	VANGUARD INDEX FDS	$1,568,000	+5.9%	5,753	+4.6%	0.39%	+4.5%
HD	Sell	HOME DEPOT INC	$1,473,000	+7.8%	6,350	-3.4%	0.37%	+6.1%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$1,456,000	-3.4%	9,019	-1.1%	0.36%	-5.0%
IEF	Sell	ISHARES TRbarclays 7 10 yr	$1,389,000	+0.8%	12,352	-1.3%	0.35%	-0.9%
BA	Sell	BOEING CO	$1,385,000	-0.9%	3,640	-5.2%	0.35%	-2.5%
LQD	Sell	ISHARES TRiboxx inv cp etf	$1,369,000	-29.1%	10,739	-30.9%	0.34%	-30.2%
ABT	Sell	ABBOTT LABS	$1,365,000	-3.6%	16,315	-3.1%	0.34%	-5.0%
ABBV	Buy	ABBVIE INC	$1,337,000	+25.7%	17,652	+20.6%	0.33%	+23.7%
T	Buy	AT&T INC	$1,304,000	+17.7%	34,460	+4.2%	0.33%	+16.0%
GE	Sell	GENERAL ELECTRIC CO	$1,155,000	-15.1%	129,156	-0.3%	0.29%	-16.2%
RSG	Sell	REPUBLIC SVCS INC	$1,155,000	-5.9%	13,350	-5.7%	0.29%	-7.1%
EOG	Sell	EOG RES INC	$1,078,000	-22.2%	14,518	-2.4%	0.27%	-23.3%
DOW	Buy	DOW INC	$1,018,000	+46.7%	21,360	+51.8%	0.26%	+44.9%
EL	Sell	LAUDER ESTEE COS INCcl a	$1,010,000	+1.2%	5,075	-6.9%	0.25%	0.0%
MMM	Sell	3M CO	$913,000	-6.8%	5,556	-1.8%	0.23%	-8.4%
COG	Sell	CABOT OIL & GAS CORP	$905,000	-63.3%	51,510	-52.0%	0.23%	-63.9%
SYK	Sell	STRYKER CORP	$900,000	-0.9%	4,159	-5.9%	0.22%	-2.2%
CBRE	Sell	CBRE GROUP INCcl a	$847,000	+1.4%	15,975	-1.8%	0.21%	0.0%
GPN	Sell	GLOBAL PMTS INC	$826,000	-4.4%	5,195	-3.7%	0.21%	-5.5%
GOOG	Sell	ALPHABET INC CLASS Ccap stk cl c	$829,000	+4.4%	680	-7.5%	0.21%	+3.0%
DOCU	Buy	DOCUSIGN INC	$806,000	+198.5%	13,015	+139.7%	0.20%	+197.1%
C	Sell	CITIGROUP INC	$786,000	-5.9%	11,380	-4.6%	0.20%	-7.1%
ALGN	Sell	ALIGN TECHNOLOGY INC	$729,000	-48.6%	4,032	-22.2%	0.18%	-49.4%
D	Sell	DOMINION ENERGY INC	$662,000	+3.4%	8,171	-1.2%	0.17%	+2.5%
EMN	Sell	EASTMAN CHEM CO	$653,000	-7.2%	8,841	-2.2%	0.16%	-8.9%
EMB	Buy	ISHARES TRjpmorgan usd emg	$583,000	+3.9%	5,142	+3.9%	0.15%	+2.8%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$570,000	-22.3%	2,742	-20.3%	0.14%	-23.1%
XPO	Sell	XPO LOGISTICS INC	$547,000	+16.9%	7,645	-5.6%	0.14%	+15.1%
OLED	Sell	UNIVERSAL DISPLAY CORP	$540,000	-14.1%	3,217	-3.9%	0.14%	-15.6%
WFC	Sell	WELLS FARGO CO NEW	$528,000	-8.8%	10,470	-14.4%	0.13%	-10.2%
ENB	Sell	ENBRIDGE INC	$515,000	-5.9%	14,684	-3.1%	0.13%	-7.2%
IRDM	Sell	IRIDIUM COMMUNICATIONS INC	$485,000	-10.5%	22,813	-2.1%	0.12%	-11.7%
CFG	Buy	CITIZENS FINL GROUP INC	$477,000	+46.3%	13,475	+46.1%	0.12%	+43.4%
BE	Buy	BLOOM ENERGY CORP	$391,000	-71.1%	120,200	+9.1%	0.10%	-71.4%
SLB	Sell	SCHLUMBERGER LTD	$351,000	-67.4%	10,265	-62.1%	0.09%	-67.8%
KRE	Sell	SPDR SERIES TRUSTs & p regl bkg	$348,000	-9.6%	6,600	-8.3%	0.09%	-11.2%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$298,000	+11.6%	2,485	-3.9%	0.08%	+10.3%
SPSB	Sell	SPDR SERIES TRUSTportfolio short	$293,000	-15.1%	9,500	-15.2%	0.07%	-17.0%
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$277,000	–	4,628	–	0.07%	–
CRI	Buy	CARTERS INC	$269,000	-1.5%	2,950	+5.4%	0.07%	-2.9%
SNY	New	SANOFIsponsored adr	$256,000	–	5,525	–	0.06%	–
AME	Buy	AMETEK INC NEW	$247,000	+3.3%	2,687	+2.3%	0.06%	+1.6%
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$241,000	–	4,097	–	0.06%	–
ES	New	EVERSOURCE ENERGY	$224,000	–	2,624	–	0.06%	–
IJR	Buy	ISHARES TRcore s&p scp etf	$218,000	+2.3%	2,802	+2.9%	0.06%	+1.9%
PEG	New	PUBLIC SVC ENTERPRISE GRP IN	$216,000	–	3,473	–	0.05%	–
ADM	Buy	ARCHER DANIELS MIDLAND CO	$212,000	+3.9%	5,150	+3.1%	0.05%	+1.9%
WSM	Sell	WILLIAMS SONOMA INC	$207,000	-41.4%	3,040	-44.1%	0.05%	-42.2%
CAMP	Exit	CALAMP CORP	$0	–	-9,485	–	-0.03%	–
NVT	Exit	NVENT ELECTRIC PLC	$0	–	-7,220	–	-0.04%	–
AGN	Exit	ALLERGAN PLC	$0	–	-1,220	–	-0.05%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-4,680	–	-0.06%	–
AMGN	Exit	AMGEN INC	$0	–	-1,555	–	-0.07%	–
CTVA	Exit	CORTEVA INC	$0	–	-11,848	–	-0.09%	–
JCI	Exit	JOHNSON CTLS INTL PLC	$0	–	-10,754	–	-0.11%	–
CVET	Exit	COVETRUS INC	$0	–	-29,136	–	-0.18%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-12,947	–	-0.28%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-30,892	–	-0.40%	–
HRS	Exit	HARRIS CORP DELnew	$0	–	-35,775	–	-1.72%	–

Q2 2019

			Value		Shares		↓ Weighting
UNP	New	UNION PAC CORP	$13,011,000	–	76,936	–	3.30%	–
MSFT	New	MICROSOFT CORP	$12,739,000	–	95,093	–	3.23%	–
AAPL	New	APPLE INC	$12,087,000	–	61,071	–	3.07%	–
CMCSA	New	COMCAST CORP NEWcl a	$11,902,000	–	281,508	–	3.02%	–
DG	New	DOLLAR GENERAL CORP NEW	$11,596,000	–	85,797	–	2.94%	–
DHR	New	DANAHER CORP DEL	$11,551,000	–	80,821	–	2.93%	–
FLT	New	FLEETCOR TECHNOLOGIES INC	$11,172,000	–	39,778	–	2.83%	–
JNJ	New	JOHNSON & JOHNSON	$10,715,000	–	76,933	–	2.72%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$10,430,000	–	35,516	–	2.65%	–
AMT	New	AMERICAN TOWER CORP NEW	$9,542,000	–	46,670	–	2.42%	–
SERV	New	SERVICEMASTER GLOBAL HLDGS I	$9,072,000	–	174,160	–	2.30%	–
CSCO	New	CISCO SYS INC	$8,631,000	–	157,706	–	2.19%	–
ECL	New	ECOLAB INC	$8,630,000	–	43,707	–	2.19%	–
MDT	New	MEDTRONIC PLC	$8,491,000	–	87,190	–	2.15%	–
V	New	VISA INC	$7,617,000	–	43,891	–	1.93%	–
JPM	New	JPMORGAN CHASE & CO	$7,591,000	–	67,900	–	1.93%	–
MRK	New	MERCK & CO INC	$7,518,000	–	89,660	–	1.91%	–
ZTS	New	ZOETIS INCcl a	$7,500,000	–	66,082	–	1.90%	–
EQIX	New	EQUINIX INC	$7,161,000	–	14,200	–	1.82%	–
HRS	New	HARRIS CORP DELnew	$6,766,000	–	35,775	–	1.72%	–
CAG	New	CONAGRA BRANDS INC	$6,541,000	–	246,645	–	1.66%	–
FTDR	New	FRONT DOOR INC	$6,466,000	–	148,474	–	1.64%	–
AWK	New	AMERICAN WTR WKS CO INC NEW	$6,270,000	–	54,053	–	1.59%	–
GOOGL	New	ALPHABET INC CLASS Acap stk cl a	$5,600,000	–	5,172	–	1.42%	–
PEP	New	PEPSICO INC	$5,366,000	–	40,920	–	1.36%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$5,290,000	–	26,860	–	1.34%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$5,102,000	–	44,135	–	1.29%	–
NEE	New	NEXTERA ENERGY INC	$4,974,000	–	24,278	–	1.26%	–
TXN	New	TEXAS INSTRS INC	$4,683,000	–	40,810	–	1.19%	–
KO	New	COCA COLA CO	$4,563,000	–	89,615	–	1.16%	–
SPGI	New	S&P GLOBAL INC	$4,408,000	–	19,349	–	1.12%	–
BDXA	New	BECTON DICKINSON & CO	$4,046,000	–	65,355	–	1.03%	–
AXP	New	AMERICAN EXPRESS CO	$3,812,000	–	30,880	–	0.97%	–
MDLZ	New	MONDELEZ INTL INCcl a	$3,716,000	–	68,947	–	0.94%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$3,697,000	–	36,331	–	0.94%	–
VZ	New	VERIZON COMMUNICATIONS INC	$3,599,000	–	62,996	–	0.91%	–
CVX	New	CHEVRON CORP NEW	$3,596,000	–	28,897	–	0.91%	–
HSIC	New	SCHEIN HENRY INC	$3,534,000	–	50,557	–	0.90%	–
XOM	New	EXXON MOBIL CORP	$3,484,000	–	45,467	–	0.88%	–
DIS	New	DISNEY WALT CO	$3,022,000	–	21,638	–	0.77%	–
MET	New	METLIFE INC	$2,867,000	–	57,721	–	0.73%	–
HON	New	HONEYWELL INTL INC	$2,741,000	–	15,700	–	0.70%	–
PFE	New	PFIZER INC	$2,529,000	–	58,375	–	0.64%	–
ET	New	ENERGY TRANSFER EQUITY L P	$2,506,000	–	178,011	–	0.64%	–
COG	New	CABOT OIL & GAS CORP	$2,466,000	–	107,385	–	0.63%	–
RTN	New	RAYTHEON CO	$2,299,000	–	13,222	–	0.58%	–
NSC	New	NORFOLK SOUTHERN CORP	$2,260,000	–	11,337	–	0.57%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$2,231,000	–	16,180	–	0.57%	–
QCOM	New	QUALCOMM INC	$2,221,000	–	29,192	–	0.56%	–
PNC	New	PNC FINL SVCS GROUP INC	$2,212,000	–	16,112	–	0.56%	–
SCHW	New	SCHWAB CHARLES CORP NEW	$2,194,000	–	54,585	–	0.56%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$2,113,000	–	7,212	–	0.54%	–
BDX	New	BECTON DICKINSON & CO	$2,109,000	–	8,370	–	0.54%	–
EPD	New	ENTERPRISE PRODS PARTNERS L	$2,105,000	–	72,923	–	0.53%	–
DISCA	New	DISCOVERY INC	$2,089,000	–	68,040	–	0.53%	–
PG	New	PROCTER AND GAMBLE CO	$2,065,000	–	18,831	–	0.52%	–
WMB	New	WILLIAMS COS INC DEL	$1,979,000	–	70,590	–	0.50%	–
LQD	New	ISHARES TRiboxx inv cp etf	$1,932,000	–	15,535	–	0.49%	–
PNR	New	PENTAIR PLC	$1,875,000	–	50,405	–	0.48%	–
VIG	New	VANGUARD GROUPdiv app etf	$1,824,000	–	15,843	–	0.46%	–
INTC	New	INTEL CORP	$1,663,000	–	34,742	–	0.42%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$1,624,000	–	8,696	–	0.41%	–
IEMG	New	ISHARES INCcore msci emkt	$1,589,000	–	30,892	–	0.40%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$1,508,000	–	9,119	–	0.38%	–
VOO	New	VANGUARD INDEX FDS	$1,480,000	–	5,498	–	0.38%	–
BAC	New	BANK AMER CORP	$1,465,000	–	50,530	–	0.37%	–
EMR	New	EMERSON ELEC CO	$1,446,000	–	21,667	–	0.37%	–
UTX	New	UNITED TECHNOLOGIES CORP	$1,421,000	–	10,912	–	0.36%	–
ALGN	New	ALIGN TECHNOLOGY INC	$1,418,000	–	5,182	–	0.36%	–
ABT	New	ABBOTT LABS	$1,416,000	–	16,840	–	0.36%	–
BA	New	BOEING CO	$1,398,000	–	3,840	–	0.36%	–
EOG	New	EOG RES INC	$1,386,000	–	14,873	–	0.35%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$1,378,000	–	12,521	–	0.35%	–
USB	New	US BANCORP DEL	$1,381,000	–	26,350	–	0.35%	–
HD	New	HOME DEPOT INC	$1,367,000	–	6,575	–	0.35%	–
GE	New	GENERAL ELECTRIC CO	$1,360,000	–	129,556	–	0.34%	–
BE	New	BLOOM ENERGY CORP	$1,352,000	–	110,200	–	0.34%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,304,000	–	28,749	–	0.33%	–
RSG	New	REPUBLIC SVCS INC	$1,227,000	–	14,159	–	0.31%	–
ITW	New	ILLINOIS TOOL WKS INC	$1,117,000	–	7,406	–	0.28%	–
T	New	AT&T INC	$1,108,000	–	33,056	–	0.28%	–
SBUX	New	STARBUCKS CORP	$1,085,000	–	12,947	–	0.28%	–
SLB	New	SCHLUMBERGER LTD	$1,078,000	–	27,118	–	0.27%	–
ABBV	New	ABBVIE INC	$1,064,000	–	14,631	–	0.27%	–
EL	New	LAUDER ESTEE COS INCcl a	$998,000	–	5,450	–	0.25%	–
MMM	New	3M CO	$980,000	–	5,656	–	0.25%	–
ORCL	New	ORACLE CORP	$982,000	–	17,240	–	0.25%	–
DD	New	DUPONT DE NEMOURS INC	$914,000	–	12,181	–	0.23%	–
SYK	New	STRYKER CORP	$908,000	–	4,419	–	0.23%	–
DUK	New	DUKE ENERGY CORP NEW	$904,000	–	10,249	–	0.23%	–
GPN	New	GLOBAL PMTS INC	$864,000	–	5,395	–	0.22%	–
CBRE	New	CBRE GROUP INCcl a	$835,000	–	16,275	–	0.21%	–
C	New	CITIGROUP INC	$835,000	–	11,930	–	0.21%	–
SHW	New	SHERWIN WILLIAMS CO	$825,000	–	1,800	–	0.21%	–
SJNK	New	SPDR SER TRbloomberg srt tr	$810,000	–	29,750	–	0.20%	–
GOOG	New	ALPHABET INC CLASS Ccap stk cl c	$794,000	–	735	–	0.20%	–
HSY	New	HERSHEY CO	$789,000	–	5,884	–	0.20%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$734,000	–	3,442	–	0.19%	–
BP	New	BP PLCsponsored adr	$718,000	–	17,215	–	0.18%	–
CVET	New	COVETRUS INC	$713,000	–	29,136	–	0.18%	–
EMN	New	EASTMAN CHEM CO	$704,000	–	9,041	–	0.18%	–
CHD	New	CHURCH & DWIGHT INC	$704,000	–	9,635	–	0.18%	–
DOW	New	DOW INC	$694,000	–	14,070	–	0.18%	–
D	New	DOMINION ENERGY INC	$640,000	–	8,271	–	0.16%	–
OLED	New	UNIVERSAL DISPLAY CORP	$629,000	–	3,347	–	0.16%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$618,000	–	15,443	–	0.16%	–
LOW	New	LOWES COS INC	$582,000	–	5,765	–	0.15%	–
WFC	New	WELLS FARGO CO NEW	$579,000	–	12,230	–	0.15%	–
LLY	New	LILLY ELI & CO	$573,000	–	5,170	–	0.14%	–
WMT	New	WALMART INC	$563,000	–	5,100	–	0.14%	–
EMB	New	ISHARES TRjpmorgan usd emg	$561,000	–	4,949	–	0.14%	–
ENB	New	ENBRIDGE INC	$547,000	–	15,153	–	0.14%	–
IRDM	New	IRIDIUM COMMUNICATIONS INC	$542,000	–	23,313	–	0.14%	–
SO	New	SOUTHERN CO	$481,000	–	8,694	–	0.12%	–
XPO	New	XPO LOGISTICS INC	$468,000	–	8,095	–	0.12%	–
JCI	New	JOHNSON CTLS INTL PLC	$444,000	–	10,754	–	0.11%	–
MCK	New	MCKESSON CORP	$415,000	–	3,090	–	0.10%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$398,000	–	9,650	–	0.10%	–
PM	New	PHILIP MORRIS INTL INC	$392,000	–	4,997	–	0.10%	–
CB	New	CHUBB LIMITED	$388,000	–	2,634	–	0.10%	–
KRE	New	SPDR SERIES TRUSTs & p regl bkg	$385,000	–	7,200	–	0.10%	–
LDUR	New	PIMCO ETF TRenhncd lw dur ac	$363,000	–	3,625	–	0.09%	–
WSM	New	WILLIAMS SONOMA INC	$353,000	–	5,435	–	0.09%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$354,000	–	1,930	–	0.09%	–
CTVA	New	CORTEVA INC	$350,000	–	11,848	–	0.09%	–
SPSB	New	SPDR SERIES TRUSTportfolio short	$345,000	–	11,200	–	0.09%	–
CFG	New	CITIZENS FINL GROUP INC	$326,000	–	9,225	–	0.08%	–
AMAT	New	APPLIED MATLS INC	$292,000	–	6,500	–	0.07%	–
APD	New	AIR PRODS & CHEMS INC	$290,000	–	1,279	–	0.07%	–
DHI	New	D R HORTON INC	$289,000	–	6,700	–	0.07%	–
AMGN	New	AMGEN INC	$287,000	–	1,555	–	0.07%	–
CRI	New	CARTERS INC	$273,000	–	2,800	–	0.07%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$267,000	–	2,585	–	0.07%	–
DOCU	New	DOCUSIGN INC	$270,000	–	5,430	–	0.07%	–
COST	New	COSTCO WHSL CORP NEW	$259,000	–	980	–	0.07%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$256,000	–	4,680	–	0.06%	–
TTE	New	TOTAL S Asponsored adr	$245,000	–	4,400	–	0.06%	–
AME	New	AMETEK INC NEW	$239,000	–	2,627	–	0.06%	–
IGSB	New	ISHARES TRsh tr crport etf	$232,000	–	4,350	–	0.06%	–
GIS	New	GENERAL MLS INC	$226,000	–	4,300	–	0.06%	–
IJR	New	ISHARES TRcore s&p scp etf	$213,000	–	2,722	–	0.05%	–
AGN	New	ALLERGAN PLC	$204,000	–	1,220	–	0.05%	–
ADM	New	ARCHER DANIELS MIDLAND CO	$204,000	–	4,997	–	0.05%	–
NVT	New	NVENT ELECTRIC PLC	$179,000	–	7,220	–	0.04%	–
CAMP	New	CALAMP CORP	$111,000	–	9,485	–	0.03%	–
F	New	FORD MTR CO DEL	$102,000	–	10,000	–	0.03%	–

Q4 2018

			Value		Shares		↓ Weighting
F	Exit	FORD MTR CO DEL	$0	–	-10,166	–	-0.02%	–
HBI	Exit	HANESBRANDS INC	$0	–	-10,160	–	-0.05%	–
PEG	Exit	PUBLIC SVS ENTERPRISE GROUP	$0	–	-3,891	–	-0.05%	–
NP	Exit	NEENAH INC	$0	–	-2,400	–	-0.05%	–
CELG	Exit	CELGENE CORP	$0	–	-2,370	–	-0.06%	–
AME	Exit	AMETEK INC NEW	$0	–	-2,687	–	-0.06%	–
NVS	Exit	NOVARTIS A Gspon adr	$0	–	-2,466	–	-0.06%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-1,025	–	-0.06%	–
NUE	Exit	NUCOR CORP	$0	–	-3,500	–	-0.06%	–
LDUR	Exit	PIMCO ETF TRenhncd lw dur ac	$0	–	-2,275	–	-0.06%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-3,250	–	-0.06%	–
CBRE	Exit	CBRE GROUP INCcl a	$0	–	-5,450	–	-0.06%	–
FTV	Exit	FORTIVE CORP	$0	–	-2,883	–	-0.06%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-4,700	–	-0.06%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-4,997	–	-0.06%	–
GIS	Exit	GENERAL MLS INC	$0	–	-5,800	–	-0.06%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-6,500	–	-0.06%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-3,289	–	-0.07%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-3,251	–	-0.07%	–
BDC	Exit	BELDEN INC	$0	–	-3,640	–	-0.07%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-1,130	–	-0.07%	–
CAMP	Exit	CALAMP CORP	$0	–	-11,930	–	-0.07%	–
DHI	Exit	D R HORTON INC	$0	–	-6,900	–	-0.08%	–
LUMN	Exit	CENTURYLINK INC	$0	–	-15,762	–	-0.09%	–
JNK	Exit	SPDR SERIES TRUSTbloomberg brclys	$0	–	-9,401	–	-0.09%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-1,337	–	-0.09%	–
AMGN	Exit	AMGEN INC	$0	–	-1,758	–	-0.10%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-1,930	–	-0.10%	–
WSM	Exit	WILLIAMS SONOMA INC	$0	–	-6,135	–	-0.10%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-6,300	–	-0.11%	–
ENB	Exit	ENBRIDGE INC	$0	–	-13,279	–	-0.11%	–
GPN	Exit	GLOBAL PMTS INC	$0	–	-3,422	–	-0.11%	–
SO	Exit	SOUTHERN CO	$0	–	-10,017	–	-0.11%	–
CFG	Exit	CITIZENS FINL GROUP INC	$0	–	-11,725	–	-0.12%	–
OLED	Exit	UNIVERSAL DISPLAY CORP	$0	–	-3,972	–	-0.12%	–
IRDM	Exit	IRIDIUM COMMUNICATIONS INC	$0	–	-21,590	–	-0.13%	–
WMT	Exit	WALMART INC	$0	–	-5,217	–	-0.13%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-4,281	–	-0.13%	–
SPSB	Exit	SPDR SERIES TRUSTportfolio short	$0	–	-16,700	–	-0.13%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-8,854	–	-0.14%	–
D	Exit	DOMINION ENERGY INC	$0	–	-8,331	–	-0.15%	–
MCK	Exit	MCKESSON CORP	$0	–	-4,527	–	-0.16%	–
HSY	Exit	HERSHEY CO	$0	–	-6,026	–	-0.16%	–
XPO	Exit	XPO LOGISTICS INC	$0	–	-5,420	–	-0.16%	–
NVT	Exit	NVENT ELECTRIC PLC	$0	–	-22,915	–	-0.16%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-15,483	–	-0.16%	–
HAL	Exit	HALLIBURTON CO	$0	–	-15,495	–	-0.16%	–
CB	Exit	CHUBB LIMITED	$0	–	-4,769	–	-0.17%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-17,176	–	-0.18%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-6,830	–	-0.18%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-32,793	–	-0.18%	–
LOW	Exit	LOWES COS INC	$0	–	-6,234	–	-0.19%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-3,492	–	-0.19%	–
DIS	Exit	DISNEY WALT CO	$0	–	-6,439	–	-0.20%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-6,593	–	-0.20%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-5,425	–	-0.20%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-3,096	–	-0.21%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-10,249	–	-0.21%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,800	–	-0.21%	–
FDX	Exit	FEDEX CORP	$0	–	-3,407	–	-0.21%	–
SYK	Exit	STRYKER CORP	$0	–	-4,644	–	-0.21%	–
BHF	Exit	BRIGHTHOUSE FINL INC	$0	–	-18,955	–	-0.22%	–
HRS	Exit	HARRIS CORP DELnew	$0	–	-5,100	–	-0.22%	–
GOOG	Exit	ALPHABET INC CLASS Ccap stk cl c	$0	–	-737	–	-0.23%	–
COG	Exit	CABOT OIL & GAS CORP	$0	–	-40,880	–	-0.24%	–
C	Exit	CITIGROUP INC	$0	–	-13,332	–	-0.25%	–
BP	Exit	BP PLCsponsored adr	$0	–	-21,274	–	-0.26%	–
ORCL	Exit	ORACLE CORP	$0	–	-19,429	–	-0.26%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-12,842	–	-0.27%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-7,406	–	-0.27%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-18,100	–	-0.28%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-18,938	–	-0.28%	–
SYMC	Exit	SYMANTEC CORP	$0	–	-54,680	–	-0.30%	–
VIG	Exit	VANGUARD GROUPdiv app etf	$0	–	-10,703	–	-0.31%	–
ABT	Exit	ABBOTT LABS	$0	–	-17,200	–	-0.33%	–
SJNK	Exit	SPDR SER TRbloomberg srt tr	$0	–	-46,923	–	-0.34%	–
LLY	Exit	LILLY ELI & CO	$0	–	-12,085	–	-0.34%	–
JCI	Exit	JOHNSON CTLS INTL PLC	$0	–	-39,854	–	-0.36%	–
HD	Exit	HOME DEPOT INC	$0	–	-6,775	–	-0.36%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-19,416	–	-0.37%	–
MMM	Exit	3M CO	$0	–	-6,706	–	-0.37%	–
USB	Exit	US BANCORP DEL	$0	–	-26,873	–	-0.37%	–
RTN	Exit	RAYTHEON CO	$0	–	-7,056	–	-0.38%	–
KRE	Exit	SPDR SERIES TRUSTs & p regl bkg	$0	–	-24,725	–	-0.38%	–
PNR	Exit	PENTAIR PLC	$0	–	-34,480	–	-0.39%	–
BA	Exit	BOEING CO	$0	–	-4,110	–	-0.40%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-11,002	–	-0.40%	–
BAC	Exit	BANK AMER CORP	$0	–	-53,608	–	-0.41%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-19,376	–	-0.42%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-5,542	–	-0.42%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-10,894	–	-0.43%	–
T	Exit	AT&T INC	$0	–	-49,137	–	-0.43%	–
WMB	Exit	WILLIAMS COS INC DEL	$0	–	-62,166	–	-0.44%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-150,051	–	-0.44%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-23,040	–	-0.46%	–
AGN	Exit	ALLERGAN PLC	$0	–	-9,859	–	-0.49%	–
INTC	Exit	INTEL CORP	$0	–	-40,311	–	-0.50%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-23,050	–	-0.52%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-10,934	–	-0.53%	–
QCOM	Exit	QUALCOMM INC	$0	–	-28,816	–	-0.54%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-11,637	–	-0.55%	–
EMN	Exit	EASTMAN CHEM CO	$0	–	-22,636	–	-0.56%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L	$0	–	-75,706	–	-0.56%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-35,827	–	-0.58%	–
ET	Exit	ENERGY TRANSFER EQUITY L P	$0	–	-130,817	–	-0.59%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-5,862	–	-0.60%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-18,710	–	-0.66%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-48,546	–	-0.66%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-17,540	–	-0.69%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-55,515	–	-0.71%	–
MET	Exit	METLIFE INC	$0	–	-60,454	–	-0.73%	–
PFE	Exit	PFIZER INC	$0	–	-66,731	–	-0.76%	–
DISCA	Exit	DISCOVERY INC	$0	–	-103,115	–	-0.86%	–
PX	Exit	PRAXAIR INC	$0	–	-20,961	–	-0.88%	–
ABBV	Exit	ABBVIE INC	$0	–	-36,378	–	-0.89%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-32,975	–	-0.91%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-21,659	–	-0.94%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-29,608	–	-0.94%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-69,151	–	-0.96%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-17,540	–	-0.98%	–
HSIC	Exit	SCHEIN HENRY INC	$0	–	-45,665	–	-1.01%	–
BDXA	Exit	BECTON DICKINSON & CO	$0	–	-59,995	–	-1.02%	–
MINT	Exit	PIMCO ETF TRenhan shrt ma ac	$0	–	-38,830	–	-1.03%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-65,114	–	-1.03%	–
KO	Exit	COCA COLA CO	$0	–	-87,239	–	-1.05%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-20,975	–	-1.06%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-59,994	–	-1.14%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-41,175	–	-1.15%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-68,959	–	-1.15%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-27,659	–	-1.20%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-108,756	–	-1.21%	–
EQIX	Exit	EQUINIX INC	$0	–	-11,078	–	-1.25%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-58,930	–	-1.30%	–
PEP	Exit	PEPSICO INC	$0	–	-46,075	–	-1.34%	–
GOOGL	Exit	ALPHABET INC CLASS Acap stk cl a	$0	–	-4,532	–	-1.42%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-47,340	–	-1.45%	–
AWK	Exit	AMERICAN WTR WKS CO INC NEW	$0	–	-64,620	–	-1.48%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-66,223	–	-1.58%	–
MRK	Exit	MERCK & CO INC	$0	–	-95,933	–	-1.77%	–
V	Exit	VISA INC	$0	–	-47,096	–	-1.84%	–
ECL	Exit	ECOLAB INC	$0	–	-47,851	–	-1.95%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-53,787	–	-2.03%	–
CSCO	Exit	CISCO SYS INC	$0	–	-162,608	–	-2.06%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-73,876	–	-2.17%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-85,208	–	-2.18%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-37,209	–	-2.36%	–
FLT	Exit	FLEETCOR TECHNOLOGIES INC	$0	–	-40,000	–	-2.37%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-86,283	–	-2.44%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-86,928	–	-2.58%	–
DG	Exit	DOLLAR GENERAL CORP NEW	$0	–	-91,546	–	-2.60%	–
SERV	Exit	SERVICEMASTER GLOBAL HLDGS I	$0	–	-162,317	–	-2.62%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-291,468	–	-2.68%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-81,125	–	-2.91%	–
UNP	Exit	UNION PAC CORP	$0	–	-83,406	–	-3.53%	–
AAPL	Exit	APPLE INC	$0	–	-63,177	–	-3.71%	–

Q3 2018

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$14,262,000	+17.4%	63,177	-3.7%	3.71%	+5.3%
UNP	Buy	UNION PAC CORP	$13,581,000	+17.6%	83,406	+2.3%	3.53%	+5.5%
JNJ	Sell	JOHNSON & JOHNSON	$11,209,000	+8.0%	81,125	-5.2%	2.91%	-3.1%
CMCSA	Buy	COMCAST CORP NEWcl a	$10,321,000	+20.2%	291,468	+11.4%	2.68%	+7.9%
SERV	Buy	SERVICEMASTER GLOBAL HLDGS I	$10,069,000	+7.5%	162,317	+3.1%	2.62%	-3.5%
DG	Buy	DOLLAR GENERAL CORP NEW	$10,006,000	+14.4%	91,546	+3.2%	2.60%	+2.6%
MSFT	Sell	MICROSOFT CORP	$9,942,000	+15.4%	86,928	-0.5%	2.58%	+3.6%
DHR	Buy	DANAHER CORP DEL	$9,376,000	+12.5%	86,283	+2.1%	2.44%	+1.0%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$9,082,000	+22.1%	37,209	+3.6%	2.36%	+9.5%
MDT	Buy	MEDTRONIC PLC	$8,382,000	+16.9%	85,208	+1.7%	2.18%	+4.9%
JPM	Buy	JPMORGAN CHASE & CO	$8,336,000	+71.2%	73,876	+58.1%	2.17%	+53.7%
CSCO	Buy	CISCO SYS INC	$7,911,000	+118.1%	162,608	+92.9%	2.06%	+95.6%
AMT	Buy	AMERICAN TOWER CORP NEW	$7,815,000	+5.3%	53,787	+4.5%	2.03%	-5.5%
ECL	Buy	ECOLAB INC	$7,502,000	+17.3%	47,851	+5.0%	1.95%	+5.2%
V	Buy	VISA INC	$7,069,000	+18.9%	47,096	+4.9%	1.84%	+6.7%
MRK	Buy	MERCK & CO INC	$6,805,000	+18.6%	95,933	+1.5%	1.77%	+6.4%
ZTS	Sell	ZOETIS INCcl a	$6,063,000	+5.1%	66,223	-2.2%	1.58%	-5.7%
AWK	Buy	AMERICAN WTR WKS CO INC NEW	$5,685,000	+4.6%	64,620	+1.5%	1.48%	-6.2%
CHKP	Buy	CHECK POINT SOFTWARE TECH LTord	$5,570,000	+25.6%	47,340	+4.3%	1.45%	+12.7%
GOOGL	Buy	ALPHABET INC CLASS Acap stk cl a	$5,470,000	+9.7%	4,532	+2.6%	1.42%	-1.6%
PEP	Buy	PEPSICO INC	$5,151,000	+3.0%	46,075	+0.3%	1.34%	-7.6%
XOM	Buy	EXXON MOBIL CORP	$5,010,000	+4.9%	58,930	+2.1%	1.30%	-5.9%
EQIX	Buy	EQUINIX INC	$4,796,000	+5.3%	11,078	+4.5%	1.25%	-5.6%
MDLZ	Sell	MONDELEZ INTL INCcl a	$4,672,000	+1.6%	108,756	-3.1%	1.21%	-8.9%
NEE	Buy	NEXTERA ENERGY INC	$4,636,000	+8.4%	27,659	+8.1%	1.20%	-2.7%
DWDP	Buy	DOWDUPONT INC	$4,435,000	-1.8%	68,959	+0.7%	1.15%	-11.9%
TXN	Buy	TEXAS INSTRS INC	$4,418,000	+15.4%	41,175	+18.6%	1.15%	+3.5%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$4,374,000	+3.7%	59,994	-14.6%	1.14%	-7.0%
SPGI	Sell	S&P GLOBAL INC	$4,098,000	-7.9%	20,975	-3.9%	1.06%	-17.3%
KO	Sell	COCA COLA CO	$4,030,000	+5.1%	87,239	-0.2%	1.05%	-5.8%
SLB	Sell	SCHLUMBERGER LTD	$3,967,000	-11.2%	65,114	-2.3%	1.03%	-20.3%
MINT	Buy	PIMCO ETF TRenhan shrt ma ac	$3,946,000	+0.7%	38,830	+0.7%	1.03%	-9.6%
BDXA	Buy	BECTON DICKINSON & CO	$3,921,000	+10.8%	59,995	+4.8%	1.02%	-0.6%
HSIC	Buy	SCHEIN HENRY INC	$3,883,000	+73.2%	45,665	+47.9%	1.01%	+55.5%
STZ	Buy	CONSTELLATION BRANDS INCcl a	$3,782,000	+667.1%	17,540	+678.9%	0.98%	+587.4%
VZ	Sell	VERIZON COMMUNICATIONS INC	$3,692,000	+4.8%	69,151	-1.3%	0.96%	-5.9%
CVX	Sell	CHEVRON CORP NEW	$3,620,000	-4.7%	29,608	-1.5%	0.94%	-14.5%
HON	Buy	HONEYWELL INTL INC	$3,604,000	+51.1%	21,659	+30.8%	0.94%	+35.6%
AXP	Sell	AMERICAN EXPRESS CO	$3,512,000	+6.8%	32,975	-1.7%	0.91%	-4.1%
ABBV	Sell	ABBVIE INC	$3,441,000	-56.1%	36,378	-57.0%	0.89%	-60.6%
PX	Buy	PRAXAIR INC	$3,369,000	+9.3%	20,961	+7.6%	0.88%	-1.9%
DISCA	Buy	DISCOVERY INC	$3,300,000	+22.3%	103,115	+5.1%	0.86%	+9.7%
PFE	Sell	PFIZER INC	$2,941,000	+16.5%	66,731	-4.1%	0.76%	+4.5%
MET	Buy	METLIFE INC	$2,824,000	+8.4%	60,454	+1.2%	0.73%	-2.7%
SCHW	Sell	SCHWAB CHARLES CORP NEW	$2,729,000	-6.3%	55,515	-2.6%	0.71%	-15.9%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$2,652,000	+5.4%	17,540	-2.6%	0.69%	-5.4%
WFC	Sell	WELLS FARGO CO NEW	$2,552,000	-7.5%	48,546	-2.5%	0.66%	-17.0%
PNC	Buy	PNC FINL SVCS GROUP INC	$2,548,000	+15.9%	18,710	+15.0%	0.66%	+3.9%
ALGN	Sell	ALIGN TECHNOLOGY INC	$2,293,000	+0.6%	5,862	-12.0%	0.60%	-9.7%
ET	Buy	ENERGY TRANSFER EQUITY L P	$2,280,000	+8.9%	130,817	+7.8%	0.59%	-2.1%
BMY	Sell	BRISTOL-MYERS SQUIBB CO	$2,224,000	+7.6%	35,827	-4.0%	0.58%	-3.3%
EPD	Buy	ENTERPRISE PRODS PARTNERS L	$2,175,000	+6.2%	75,706	+2.3%	0.56%	-4.7%
EMN	Sell	EASTMAN CHEM CO	$2,167,000	-5.5%	22,636	-1.3%	0.56%	-15.2%
QCOM	Sell	QUALCOMM INC	$2,076,000	+27.8%	28,816	-0.5%	0.54%	+14.6%
QQQ	New	INVESCO QQQ TRunit ser 1	$2,031,000	–	10,934	–	0.53%	–
IJR	Buy	ISHARES TRcore s&p scp etf	$2,011,000	+87.4%	23,050	+79.2%	0.52%	+68.2%
INTC	Sell	INTEL CORP	$1,906,000	-8.1%	40,311	-3.4%	0.50%	-17.6%
AGN	Buy	ALLERGAN PLC	$1,878,000	+19.8%	9,859	+4.8%	0.49%	+7.5%
EMR	Buy	EMERSON ELEC CO	$1,764,000	+12.2%	23,040	+1.3%	0.46%	+0.7%
GE	Sell	GENERAL ELECTRIC CO	$1,694,000	-18.4%	150,051	-1.6%	0.44%	-26.8%
WMB	Buy	WILLIAMS COS INC DEL	$1,690,000	+4.1%	62,166	+3.8%	0.44%	-6.6%
T	Buy	AT&T INC	$1,650,000	+15.1%	49,137	+10.0%	0.43%	+3.4%
ADP	Buy	AUTOMATIC DATA PROCESSING IN	$1,641,000	+33.1%	10,894	+18.5%	0.43%	+19.3%
PG	Sell	PROCTER AND GAMBLE CO	$1,613,000	+3.5%	19,376	-3.0%	0.42%	-7.3%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$1,611,000	+135.2%	5,542	+119.6%	0.42%	+111.6%
BAC	Sell	BANK AMER CORP	$1,579,000	+3.9%	53,608	-0.6%	0.41%	-6.8%
UTX	Sell	UNITED TECHNOLOGIES CORP	$1,538,000	+9.1%	11,002	-2.4%	0.40%	-2.0%
BA	Sell	BOEING CO	$1,529,000	+1.6%	4,110	-8.4%	0.40%	-8.9%
PNR	Buy	PENTAIR PLC	$1,495,000	+26.4%	34,480	+22.6%	0.39%	+13.4%
KRE	Buy	SPDR SERIES TRUSTs & p regl bkg	$1,469,000	+121.6%	24,725	+127.4%	0.38%	+99.0%
RTN	Buy	RAYTHEON CO	$1,458,000	+24.9%	7,056	+16.8%	0.38%	+12.1%
USB	Sell	US BANCORP DEL	$1,419,000	+4.4%	26,873	-1.1%	0.37%	-6.3%
RSG	Buy	REPUBLIC SVCS INC	$1,411,000	+33.9%	19,416	+25.9%	0.37%	+20.3%
MMM	Sell	3M CO	$1,413,000	+5.7%	6,706	-1.3%	0.37%	-5.2%
HD	Sell	HOME DEPOT INC	$1,403,000	+4.3%	6,775	-1.7%	0.36%	-6.4%
JCI	Buy	JOHNSON CTLS INTL PLC	$1,395,000	+7.6%	39,854	+2.7%	0.36%	-3.5%
SJNK	Buy	SPDR SER TRbloomberg srt tr	$1,295,000	+15.4%	46,923	+14.1%	0.34%	+3.7%
LLY	Sell	LILLY ELI & CO	$1,297,000	+23.3%	12,085	-2.0%	0.34%	+10.5%
ABT	Sell	ABBOTT LABS	$1,262,000	+18.3%	17,200	-1.7%	0.33%	+6.1%
VIG	Buy	VANGUARD GROUPdiv app etf	$1,185,000	+467.0%	10,703	+419.6%	0.31%	+404.9%
SYMC	Buy	SYMANTEC CORP	$1,164,000	+56.2%	54,680	+51.6%	0.30%	+40.3%
SBUX	Buy	STARBUCKS CORP	$1,076,000	+41.4%	18,938	+21.5%	0.28%	+27.3%
CHD	Buy	CHURCH & DWIGHT INC	$1,075,000	+63.1%	18,100	+46.0%	0.28%	+46.1%
PM	Sell	PHILIP MORRIS INTL INC	$1,047,000	+0.8%	12,842	-0.2%	0.27%	-9.6%
ORCL	Sell	ORACLE CORP	$1,002,000	+16.5%	19,429	-0.5%	0.26%	+4.4%
BP	Buy	BP PLCsponsored adr	$981,000	+1.0%	21,274	+0.1%	0.26%	-9.3%
C	Buy	CITIGROUP INC	$956,000	+15.3%	13,332	+7.7%	0.25%	+3.3%
COG	Sell	CABOT OIL & GAS CORP	$921,000	-62.8%	40,880	-60.7%	0.24%	-66.7%
GOOG	Sell	ALPHABET INC CLASS Ccap stk cl c	$880,000	+2.4%	737	-4.3%	0.23%	-8.0%
BHF	Buy	BRIGHTHOUSE FINL INC	$839,000	+49.6%	18,955	+35.3%	0.22%	+34.6%
SYK	Buy	STRYKER CORP	$825,000	+74.8%	4,644	+66.2%	0.21%	+56.2%
FDX	Buy	FEDEX CORP	$820,000	+66.0%	3,407	+56.6%	0.21%	+49.0%
BDX	Sell	BECTON DICKINSON & CO	$808,000	-6.3%	3,096	-14.0%	0.21%	-16.0%
EL	Sell	LAUDER ESTEE COS INCcl a	$788,000	+0.9%	5,425	-0.9%	0.20%	-9.3%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$770,000	-35.9%	6,593	-41.7%	0.20%	-42.5%
DIS	Sell	DISNEY WALT CO	$753,000	+9.9%	6,439	-1.5%	0.20%	-1.0%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$748,000	+9.0%	3,492	-4.9%	0.19%	-2.5%
LOW	Buy	LOWES COS INC	$716,000	+66.9%	6,234	+38.8%	0.19%	+50.0%
VOD	Buy	VODAFONE GROUP PLC NEWsponsored adr	$712,000	-4.9%	32,793	+6.5%	0.18%	-14.7%
IEF	New	ISHARES TRbarclays 7 10 yr	$691,000	–	6,830	–	0.18%	–
CB	Sell	CHUBB LIMITED	$637,000	-21.8%	4,769	-25.7%	0.17%	-29.7%
HAL	Buy	HALLIBURTON CO	$628,000	-4.4%	15,495	+6.3%	0.16%	-14.2%
NVT	Buy	NVENT ELECTRIC PLC	$622,000	+12.9%	22,915	+4.3%	0.16%	+1.2%
GSK	Sell	GLAXOSMITHKLINE PLCsponsored adr	$622,000	-13.6%	15,483	-13.3%	0.16%	-22.5%
XPO	Buy	XPO LOGISTICS INC	$619,000	+17.2%	5,420	+2.8%	0.16%	+5.2%
MCK	Sell	MCKESSON CORP	$601,000	-10.4%	4,527	-10.0%	0.16%	-19.6%
D	Buy	DOMINION ENERGY INC	$585,000	+3.0%	8,331	+0.0%	0.15%	-7.9%
MO	Sell	ALTRIA GROUP INC	$534,000	+5.3%	8,854	-0.9%	0.14%	-5.4%
SPSB	Sell	SPDR SERIES TRUSTportfolio short	$504,000	-3.4%	16,700	-3.5%	0.13%	-13.2%
LQD	Buy	ISHARES TRiboxx inv cp etf	$492,000	+65.7%	4,281	+65.0%	0.13%	+48.8%
WMT	Sell	WALMART INC	$490,000	+1.9%	5,217	-7.1%	0.13%	-8.6%
IRDM	Buy	IRIDIUM COMMUNICATIONS INC	$486,000	+53.3%	21,590	+9.6%	0.13%	+37.0%
OLED	Buy	UNIVERSAL DISPLAY CORP	$468,000	+41.8%	3,972	+3.4%	0.12%	+27.1%
CFG	New	CITIZENS FINL GROUP INC	$452,000	–	11,725	–	0.12%	–
SO	Buy	SOUTHERN CO	$437,000	-5.8%	10,017	+0.0%	0.11%	-14.9%
GPN	New	GLOBAL PMTS INC	$436,000	–	3,422	–	0.11%	–
TTE	New	TOTAL S Asponsored adr	$406,000	–	6,300	–	0.11%	–
WSM	New	WILLIAMS SONOMA INC	$403,000	–	6,135	–	0.10%	–
AMGN	Buy	AMGEN INC	$364,000	+30.5%	1,758	+16.3%	0.10%	+17.3%
JNK	New	SPDR SERIES TRUSTbloomberg brclys	$339,000	–	9,401	–	0.09%	–
LUMN	New	CENTURYLINK INC	$334,000	–	15,762	–	0.09%	–
DHI	New	D R HORTON INC	$291,000	–	6,900	–	0.08%	–
CAMP	Buy	CALAMP CORP	$286,000	+30.6%	11,930	+27.9%	0.07%	+17.5%
BDC	New	BELDEN INC	$260,000	–	3,640	–	0.07%	–
CVS	Sell	CVS HEALTH CORP	$256,000	+20.8%	3,251	-1.4%	0.07%	+9.8%
COP	Buy	CONOCOPHILLIPS	$255,000	+11.4%	3,289	+0.0%	0.07%	0.0%
IEMG	Sell	ISHARES INCcore msci emkt	$243,000	-70.4%	4,700	-69.9%	0.06%	-73.5%
FTV	Sell	FORTIVE CORP	$243,000	-4.3%	2,883	-12.3%	0.06%	-14.9%
CBRE	New	CBRE GROUP INCcl a	$240,000	–	5,450	–	0.06%	–
LDUR	New	PIMCO ETF TRenhncd lw dur ac	$227,000	–	2,275	–	0.06%	–
AME	Sell	AMETEK INC NEW	$213,000	+6.0%	2,687	-3.4%	0.06%	-5.2%
NVS	Sell	NOVARTIS A Gspon adr	$212,000	-6.2%	2,466	-17.4%	0.06%	-15.4%
CELG	Sell	CELGENE CORP	$212,000	-54.4%	2,370	-59.6%	0.06%	-59.3%
GD	New	GENERAL DYNAMICS CORP	$210,000	–	1,025	–	0.06%	–
NP	New	NEENAH INC	$207,000	–	2,400	–	0.05%	–
PEG	Sell	PUBLIC SVS ENTERPRISE GROUP	$205,000	-22.6%	3,891	-20.4%	0.05%	-31.2%
HBI	Sell	HANESBRANDS INC	$187,000	-34.8%	10,160	-22.1%	0.05%	-41.0%
F	New	FORD MTR CO DEL	$94,000	–	10,166	–	0.02%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-5,517	–	-0.06%	–
EMB	Exit	ISHARES TRjpmorgan usd emg	$0	–	-2,060	–	-0.06%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-9,512	–	-0.15%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-7,959	–	-0.15%	–
HRL	Exit	HORMEL FOODS CORP	$0	–	-23,567	–	-0.25%	–
SDY	Exit	SPDR SERIES TRUSTs&p divid etf	$0	–	-10,056	–	-0.27%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-6,459	–	-0.32%	–
NYLD	Exit	NRG YIELD INCcl c	$0	–	-102,508	–	-0.51%	–
WRK	Exit	WESTROCK CO	$0	–	-42,590	–	-0.70%	–

Q2 2018

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$12,148,000	–	65,628	–	3.52%	–
UNP	New	UNION PACIFIC CORP	$11,552,000	–	81,536	–	3.35%	–
JNJ	New	JOHNSON & JOHNSON	$10,380,000	–	85,541	–	3.01%	–
SERV	New	SERVICEMASTER GLOBAL HLDGS I	$9,367,000	–	157,507	–	2.71%	–
DG	New	DOLLAR GENERAL CORP NEW	$8,749,000	–	88,731	–	2.53%	–
MSFT	New	MICROSOFT CORP	$8,615,000	–	87,366	–	2.50%	–
CMCSA	New	COMCAST CORP NEW CL Acl a	$8,583,000	–	261,601	–	2.49%	–
FLT	New	FLEETCOR TECHNOLOGIES INC	$8,426,000	–	40,000	–	2.44%	–
DHR	New	DANAHER CORP DEL	$8,335,000	–	84,468	–	2.41%	–
ABBV	New	ABBVIE INC	$7,836,000	–	84,577	–	2.27%	–
TMO	New	THERMO FISHER SCIENTIFIC	$7,440,000	–	35,920	–	2.16%	–
AMT	New	AMERICAN TOWER CORP CLASS	$7,419,000	–	51,462	–	2.15%	–
MDT	New	MEDTRONIC PLC	$7,171,000	–	83,763	–	2.08%	–
ECL	New	ECOLAB INC	$6,396,000	–	45,576	–	1.85%	–
V	New	VISA INC CL A	$5,946,000	–	44,896	–	1.72%	–
ZTS	New	ZOETIS INCcl a	$5,769,000	–	67,723	–	1.67%	–
MRK	New	MERCK & CO INC	$5,737,000	–	94,514	–	1.66%	–
AWK	New	AMERICAN WATER WORKS CO INC	$5,437,000	–	63,685	–	1.58%	–
PEP	New	PEPSICO INCORPORATED	$5,003,000	–	45,954	–	1.45%	–
GOOGL	New	ALPHABET INC CLASS Acl a	$4,988,000	–	4,417	–	1.44%	–
JPM	New	JPMORGAN CHASE & CO	$4,868,000	–	46,713	–	1.41%	–
XOM	New	EXXON MOBIL CORPORATION	$4,774,000	–	57,705	–	1.38%	–
MDLZ	New	MONDELEZ INTL INC CL Acl a	$4,600,000	–	112,206	–	1.33%	–
EQIX	New	EQUINIX INC	$4,556,000	–	10,598	–	1.32%	–
DWDP	New	DOWDUPONT INC	$4,515,000	–	68,498	–	1.31%	–
SLB	New	SCHLUMBERGER LTD	$4,466,000	–	66,625	–	1.29%	–
SPGI	New	S&P GLOBAL INC	$4,448,000	–	21,817	–	1.29%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$4,435,000	–	45,400	–	1.28%	–
NEE	New	NEXTERA ENERGY INC	$4,275,000	–	25,596	–	1.24%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$4,218,000	–	70,286	–	1.22%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$3,917,000	–	38,575	–	1.14%	–
KO	New	COCA COLA COMPANY	$3,835,000	–	87,439	–	1.11%	–
TXN	New	TEXAS INSTRUMENTS INC	$3,828,000	–	34,725	–	1.11%	–
CVX	New	CHEVRON CORPORATION	$3,800,000	–	30,060	–	1.10%	–
CSCO	New	CISCO SYSTEMS INC	$3,628,000	–	84,303	–	1.05%	–
BDXA	New	BECTON DICKINSON & CO	$3,540,000	–	57,230	–	1.02%	–
VZ	New	VERIZON COMMUNICATIONS	$3,523,000	–	70,027	–	1.02%	–
AXP	New	AMERICAN EXPRESS COMPANY	$3,288,000	–	33,555	–	0.95%	–
PX	New	PRAXAIR INC	$3,082,000	–	19,486	–	0.89%	–
SCHW	New	SCHWAB CHARLES CORP NEW	$2,912,000	–	56,995	–	0.84%	–
WFC	New	WELLS-FARGO & CO	$2,759,000	–	49,772	–	0.80%	–
DISCA	New	DISCOVERY COMMUNICATIONS NEW	$2,699,000	–	98,140	–	0.78%	–
MET	New	METLIFE INC	$2,604,000	–	59,714	–	0.75%	–
PFE	New	PFIZER INCORPORATED	$2,524,000	–	69,562	–	0.73%	–
IBM	New	INTL BUSINESS MACHINES	$2,515,000	–	18,004	–	0.73%	–
COG	New	CABOT OIL & GAS CORP	$2,474,000	–	103,950	–	0.72%	–
WRK	New	WESTROCK CO	$2,428,000	–	42,590	–	0.70%	–
HON	New	HONEYWELL INTERNATIONAL	$2,385,000	–	16,554	–	0.69%	–
EMN	New	EASTMAN CHEMICAL CO	$2,293,000	–	22,936	–	0.66%	–
ALGN	New	ALIGN TECHNOLOGY INC	$2,279,000	–	6,662	–	0.66%	–
HSIC	New	HENRY SCHEIN INC	$2,242,000	–	30,870	–	0.65%	–
PNC	New	PNC FINL SERVICES	$2,198,000	–	16,271	–	0.64%	–
ET	New	ENERGY TRANSFER EQUITY LP	$2,093,000	–	121,317	–	0.61%	–
GE	New	GENERAL ELECTRIC COMPANY	$2,076,000	–	152,506	–	0.60%	–
INTC	New	INTEL CORPORATION	$2,074,000	–	41,718	–	0.60%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$2,066,000	–	37,327	–	0.60%	–
EPD	New	ENTERPRISE PRD PRTNRS LP	$2,048,000	–	74,006	–	0.59%	–
NYLD	New	NRG YIELD INCcl c	$1,763,000	–	102,508	–	0.51%	–
NSC	New	NORFOLK SOUTHERN CORP	$1,756,000	–	11,637	–	0.51%	–
QCOM	New	QUALCOMM INC	$1,625,000	–	28,951	–	0.47%	–
WMB	New	WILLIAMS COMPANIES	$1,623,000	–	59,865	–	0.47%	–
EMR	New	EMERSON ELECTRIC CO	$1,572,000	–	22,739	–	0.46%	–
AGN	New	ALLERGAN PLC	$1,568,000	–	9,406	–	0.45%	–
PG	New	PROCTER & GAMBLE	$1,559,000	–	19,976	–	0.45%	–
BAC	New	BANK OF AMERICA CORP	$1,520,000	–	53,908	–	0.44%	–
BA	New	BOEING CO	$1,505,000	–	4,485	–	0.44%	–
T	New	AT&T INC	$1,434,000	–	44,671	–	0.42%	–
UTX	New	UNITED TECHNOLOGIES CORP	$1,410,000	–	11,277	–	0.41%	–
USB	New	US BANCORP DEL	$1,359,000	–	27,173	–	0.39%	–
HD	New	HOME DEPOT INC	$1,345,000	–	6,895	–	0.39%	–
MMM	New	3M COMPANY	$1,337,000	–	6,796	–	0.39%	–
JCI	New	JOHNSON CTLS INTL PLC	$1,297,000	–	38,789	–	0.38%	–
ADP	New	AUTOMATIC DATA PROCESSING	$1,233,000	–	9,194	–	0.36%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,202,000	–	11,315	–	0.35%	–
PNR	New	PENTAIR PLC	$1,183,000	–	28,115	–	0.34%	–
RTN	New	RAYTHEON CO	$1,167,000	–	6,041	–	0.34%	–
SJNK	New	SPDR SER TRbloomberg srt tr	$1,122,000	–	41,123	–	0.32%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$1,109,000	–	6,459	–	0.32%	–
IJR	New	ISHARES TRcore s&p scp etf	$1,073,000	–	12,860	–	0.31%	–
ABT	New	ABBOTT LABORATORIES	$1,067,000	–	17,490	–	0.31%	–
RSG	New	REPUBLIC SERVICES INC CLASS A	$1,054,000	–	15,416	–	0.30%	–
LLY	New	LILLY ELI & COMPANY	$1,052,000	–	12,334	–	0.30%	–
PM	New	PHILIP MORRIS INTL INC	$1,039,000	–	12,865	–	0.30%	–
ITW	New	ILLINOIS TOOL WORKS INC	$1,026,000	–	7,406	–	0.30%	–
BP	New	BP PLC ADRspon adr	$971,000	–	21,259	–	0.28%	–
SDY	New	SPDR SERIES TRUSTs&p divid etf	$932,000	–	10,056	–	0.27%	–
HRL	New	HORMEL FOODS CORP	$877,000	–	23,567	–	0.25%	–
BDX	New	BECTON DICKINSON & CO	$862,000	–	3,599	–	0.25%	–
GOOG	New	ALPHABET INC CLASS Ccl c	$859,000	–	770	–	0.25%	–
ORCL	New	ORACLE CORP	$860,000	–	19,529	–	0.25%	–
C	New	CITIGROUP INC	$829,000	–	12,382	–	0.24%	–
IEMG	New	ISHARES INCcore msci emkt	$821,000	–	15,636	–	0.24%	–
CB	New	CHUBB LIMITED	$815,000	–	6,419	–	0.24%	–
DUK	New	DUKE ENERGY CORP NEW	$810,000	–	10,249	–	0.24%	–
EL	New	LAUDER ESTEE COS INCcl a	$781,000	–	5,475	–	0.23%	–
SBUX	New	STARBUCKS CORP	$761,000	–	15,588	–	0.22%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr no par	$749,000	–	30,793	–	0.22%	–
SYMC	New	SYMANTEC CORP	$745,000	–	36,060	–	0.22%	–
SHW	New	SHERWIN WILLIAMS CO	$734,000	–	1,800	–	0.21%	–
HRS	New	HARRIS CORPnew	$737,000	–	5,100	–	0.21%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$720,000	–	17,864	–	0.21%	–
BRKB	New	BERKSHIRE HATHAWAY INC CLASS Bcl b new	$686,000	–	3,673	–	0.20%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$685,000	–	2,524	–	0.20%	–
DIS	New	DISNEY WALT CO	$685,000	–	6,539	–	0.20%	–
MCK	New	MCKESSON CORPORATION	$671,000	–	5,030	–	0.19%	–
KRE	New	SPDR SERIES TRUSTa&p regl bkg	$663,000	–	10,875	–	0.19%	–
CHD	New	CHURCH & DWIGHT CO INC	$659,000	–	12,400	–	0.19%	–
HAL	New	HALLIBURTON CO	$657,000	–	14,570	–	0.19%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$603,000	–	17,176	–	0.18%	–
D	New	DOMINION RES INC VA NEW	$568,000	–	8,330	–	0.16%	–
HSY	New	HERSHEY CO	$561,000	–	6,026	–	0.16%	–
BHF	New	BRIGHTHOUSE FINL INC	$561,000	–	14,012	–	0.16%	–
NVT	New	NVENT ELECTRIC PLC	$551,000	–	21,965	–	0.16%	–
EFA	New	ISHARES TRmsci eafe etf	$533,000	–	7,959	–	0.15%	–
XPO	New	XPO LOGISTICS INC	$528,000	–	5,270	–	0.15%	–
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$520,000	–	9,512	–	0.15%	–
SPSB	New	SPDR SERIES TRUSTportfolio short	$522,000	–	17,300	–	0.15%	–
MO	New	ALTRIA GROUP INC	$507,000	–	8,934	–	0.15%	–
FDX	New	FEDEX CORPORATION	$494,000	–	2,175	–	0.14%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$493,000	–	2,252	–	0.14%	–
WMT	New	WAL-MART STORES INC	$481,000	–	5,617	–	0.14%	–
ENB	New	ENBRIDGE INC	$474,000	–	13,279	–	0.14%	–
SYK	New	STRYKER CORP	$472,000	–	2,794	–	0.14%	–
CELG	New	CELGENE CORP	$465,000	–	5,860	–	0.14%	–
SO	New	SOUTHERN CO	$464,000	–	10,016	–	0.13%	–
LOW	New	LOWES COS INC	$429,000	–	4,492	–	0.12%	–
VOO	New	VANGUARD INDEX FDS	$334,000	–	1,337	–	0.10%	–
OLED	New	UNIVERSAL DISPLAY CORP.	$330,000	–	3,842	–	0.10%	–
VRTX	New	VERTEX PHARMACEUTICALS INC	$328,000	–	1,930	–	0.10%	–
IRDM	New	IRIDIUM COMMUNICATIONS	$317,000	–	19,690	–	0.09%	–
AMAT	New	APPLIED MATLS INC	$300,000	–	6,500	–	0.09%	–
LQD	New	ISHARES TRiboxx inv cp etf	$297,000	–	2,594	–	0.09%	–
HBI	New	HANESBRANDS INC	$287,000	–	13,040	–	0.08%	–
AMGN	New	AMGEN INC	$279,000	–	1,511	–	0.08%	–
PEG	New	PUB SVC ENT GROUP INC	$265,000	–	4,891	–	0.08%	–
FTV	New	FORTIVE CORP	$254,000	–	3,288	–	0.07%	–
GIS	New	GENERAL MILLS INC	$257,000	–	5,800	–	0.07%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$236,000	–	3,250	–	0.07%	–
COST	New	COSTCO WHSL CORP NEW	$236,000	–	1,130	–	0.07%	–
ADM	New	ARCHER DANIELS MIDLAND CO	$229,000	–	4,997	–	0.07%	–
COP	New	CONOCOPHILLIPS	$229,000	–	3,288	–	0.07%	–
NVS	New	NOVARTIS AG SPON ADRspon adr	$226,000	–	2,986	–	0.06%	–
EMB	New	ISHARES TRjpmorgan usd emg	$220,000	–	2,060	–	0.06%	–
CAMP	New	CALAMP CORP	$219,000	–	9,330	–	0.06%	–
NUE	New	NUCOR CORP	$219,000	–	3,500	–	0.06%	–
CVS	New	CVS HEALTH	$212,000	–	3,296	–	0.06%	–
VIG	New	VANGUARD GROUPdiv app etf	$209,000	–	2,060	–	0.06%	–
AME	New	AMETEK INC NEW	$201,000	–	2,782	–	0.06%	–
WY	New	WEYERHAEUSER CO	$201,000	–	5,517	–	0.06%	–

Q4 2017

			Value		Shares		↓ Weighting
NMRX	Exit	NUMEREX CORPcl a	$0	–	-30,248	–	-0.03%	–
GPK	Exit	GRAPHIC PACKAGING HLDG CO	$0	–	-12,000	–	-0.04%	–
CSU	Exit	CAPITAL SR LIVING CORP	$0	–	-15,500	–	-0.05%	–
CAMP	Exit	CALAMP CORP	$0	–	-8,610	–	-0.05%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-3,250	–	-0.06%	–
IRDM	Exit	IRIDIUM COMMUNICATIONS	$0	–	-19,690	–	-0.06%	–
NTNX	Exit	NUTANIX INCcl a	$0	–	-9,000	–	-0.06%	–
PPL	Exit	PPL CORP	$0	–	-5,483	–	-0.06%	–
GD	Exit	GENERAL DYNAMICS CORP	$0	–	-1,025	–	-0.06%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-11,134	–	-0.06%	–
BBT	Exit	BB&T CORPORATION	$0	–	-4,549	–	-0.06%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-5,164	–	-0.06%	–
BKS	Exit	BARNES & NOBLE INC	$0	–	-30,000	–	-0.06%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-7,030	–	-0.06%	–
MDCO	Exit	MEDICINES CO	$0	–	-6,500	–	-0.06%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-3,417	–	-0.07%	–
DFODQ	Exit	DEAN FOODS CO NEW	$0	–	-24,900	–	-0.07%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-2,240	–	-0.07%	–
TFX	Exit	TELEFLEX INC	$0	–	-1,166	–	-0.08%	–
TAP	Exit	MOLSON COORS BREWING COcl b	$0	–	-3,500	–	-0.08%	–
SDY	Exit	SPDR SERIES TRUSTs&p divid etf	$0	–	-3,171	–	-0.08%	–
VRTX	Exit	VERTEX PHARMACEUTICALS INC	$0	–	-1,930	–	-0.08%	–
AMGN	Exit	AMGEN INC	$0	–	-1,611	–	-0.08%	–
NVS	Exit	NOVARTIS AG SPON ADRspon adr	$0	–	-3,585	–	-0.08%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-1,602	–	-0.09%	–
GIS	Exit	GENERAL MILLS INC	$0	–	-6,200	–	-0.09%	–
FTS	Exit	FORTIS INC	$0	–	-8,973	–	-0.09%	–
PEG	Exit	PUB SVC ENT GROUP INC	$0	–	-7,141	–	-0.09%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-6,500	–	-0.09%	–
XPO	Exit	XPO LOGISTICS INC	$0	–	-5,065	–	-0.09%	–
ZAYO	Exit	ZAYO GROUP HOLDINGS INCcall	$0	–	-10,000	–	-0.09%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-2,980	–	-0.10%	–
FTV	Exit	FORTIVE CORP	$0	–	-5,355	–	-0.10%	–
USB	Exit	US BANCORP DEL	$0	–	-7,173	–	-0.10%	–
LOW	Exit	LOWES COS INC	$0	–	-4,867	–	-0.10%	–
DOV	Exit	DOVER CORPORATION	$0	–	-4,255	–	-0.10%	–
SYK	Exit	STRYKER CORP	$0	–	-2,933	–	-0.11%	–
AIG	Exit	AMERICAN LNTL GROUP INC	$0	–	-7,000	–	-0.12%	–
EVC	Exit	ENTRAVISION COMMUNICATIONS Ccl a	$0	–	-75,256	–	-0.12%	–
WMB	Exit	WILLIAMS COMPANIES	$0	–	-14,405	–	-0.12%	–
FDX	Exit	FEDEX CORPORATION	$0	–	-2,050	–	-0.12%	–
MAT	Exit	MATTEL INC	$0	–	-31,575	–	-0.13%	–
SO	Exit	SOUTHERN CO	$0	–	-10,412	–	-0.14%	–
AFI	Exit	ARMSTRONG FLOORING INC	$0	–	-33,007	–	-0.14%	–
GILD	Exit	GILEAD SCIENCE INC	$0	–	-6,466	–	-0.14%	–
OAK	Exit	OAKTREE CAP GROUP LLC	$0	–	-11,442	–	-0.15%	–
EFX	Exit	EQUIFAX INCcall	$0	–	-5,000	–	-0.15%	–
SPSB	Exit	SPDR SERIES TRUSTblomberg brc srt	$0	–	-17,800	–	-0.15%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-8,151	–	-0.15%	–
COG	Exit	CABOT OIL & GAS CORP	$0	–	-20,975	–	-0.15%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC CLASS Bcl b new	$0	–	-3,079	–	-0.15%	–
WRK	Exit	WESTROCK COcall	$0	–	-10,000	–	-0.15%	–
DIS	Exit	DISNEY WALT CO	$0	–	-6,147	–	-0.16%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,800	–	-0.17%	–
ENB	Exit	ENBRIDGE INC	$0	–	-15,456	–	-0.18%	–
HSY	Exit	HERSHEY CO	$0	–	-6,270	–	-0.18%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-2,749	–	-0.19%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-6,435	–	-0.19%	–
CHD	Exit	CHURCH & DWIGHT CO INC	$0	–	-14,500	–	-0.19%	–
ZAYO	Exit	ZAYO GROUP HLDGS INC	$0	–	-20,600	–	-0.19%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-11,597	–	-0.20%	–
GOOG	Exit	ALPHABET INC CLASS Ccl c	$0	–	-785	–	-0.20%	–
C	Exit	CITIGROUP INC	$0	–	-10,511	–	-0.21%	–
HRS	Exit	HARRIS CORPnew	$0	–	-5,900	–	-0.21%	–
AHP	Exit	ASHFORD HOSPITALITY PRIME INC	$0	–	-82,021	–	-0.21%	–
BP	Exit	BP PLC ADRspon adr	$0	–	-21,215	–	-0.22%	–
OLED	Exit	UNIVERSAL DISPLAY CORP.	$0	–	-6,388	–	-0.22%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-10,256	–	-0.23%	–
D	Exit	DOMINION RES INC VA NEW	$0	–	-11,293	–	-0.24%	–
BDC	Exit	BELDEN INC	$0	–	-10,965	–	-0.24%	–
SRCL	Exit	STERICYCLE INC	$0	–	-12,345	–	-0.24%	–
BKD	Exit	BROOKDALE SR LIVING INC	$0	–	-85,480	–	-0.24%	–
HAL	Exit	HALLIBURTON CO	$0	–	-20,145	–	-0.25%	–
TXN	Exit	TEXAS INSTRUMENTS INC	$0	–	-10,325	–	-0.25%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-27,476	–	-0.25%	–
EPD	Exit	ENTERPRISE PRD PRTNRS LP	$0	–	-36,701	–	-0.26%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-6,620	–	-0.26%	–
SNY	Exit	SANOFIsponsored adr	$0	–	-19,677	–	-0.26%	–
HD	Exit	HOME DEPOT INC	$0	–	-6,025	–	-0.27%	–
BHF	Exit	BRIGHTHOUSE FINL INC	$0	–	-16,805	–	-0.28%	–
TSN	Exit	TYSON FOODS INCcall	$0	–	-15,000	–	-0.29%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-19,744	–	-0.29%	–
RSG	Exit	REPUBLIC SERVICES INC CLASS A	$0	–	-16,049	–	-0.29%	–
HRL	Exit	HORMEL FOODS CORP	$0	–	-33,162	–	-0.29%	–
SJNK	Exit	SPDR SER TRbloomberg srt tr	$0	–	-38,825	–	-0.29%	–
WRK	Exit	WESTROCK CO	$0	–	-19,150	–	-0.29%	–
RTN	Exit	RAYTHEON CO	$0	–	-5,860	–	-0.30%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-20,469	–	-0.30%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-25,768	–	-0.30%	–
MMP	Exit	MAGELLAN MIDSTREAM PRTNRS LP	$0	–	-16,271	–	-0.31%	–
ITW	Exit	ILLINOIS TOOL WORKS INC	$0	–	-8,004	–	-0.32%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-19,073	–	-0.33%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-17,447	–	-0.33%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-11,584	–	-0.34%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr no par	$0	–	-44,568	–	-0.34%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-31,402	–	-0.34%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-11,519	–	-0.35%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-7,462	–	-0.38%	–
MMM	Exit	3M COMPANY	$0	–	-6,631	–	-0.38%	–
CB	Exit	CHUBB LIMITED	$0	–	-9,928	–	-0.38%	–
BWA	Exit	BORGWARNER INC	$0	–	-27,900	–	-0.39%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-12,677	–	-0.40%	–
INTC	Exit	INTEL CORPORATION	$0	–	-39,254	–	-0.40%	–
LLY	Exit	LILLY ELI & COMPANY	$0	–	-17,863	–	-0.41%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-13,165	–	-0.43%	–
CERN	Exit	CERNER CORP	$0	–	-22,505	–	-0.43%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-12,294	–	-0.44%	–
MCK	Exit	MCKESSON CORPORATION	$0	–	-10,630	–	-0.44%	–
QCOM	Exit	QUALCOMM INC	$0	–	-32,626	–	-0.46%	–
HSIC	Exit	HENRY SCHEIN INC	$0	–	-20,676	–	-0.46%	–
BAC	Exit	BANK OF AMERICA CORP	$0	–	-68,908	–	-0.47%	–
BA	Exit	BOEING CO	$0	–	-6,945	–	-0.48%	–
EMR	Exit	EMERSON ELECTRIC CO	$0	–	-30,936	–	-0.53%	–
PNC	Exit	PNC FINL SERVICES	$0	–	-16,738	–	-0.61%	–
ET	Exit	ENERGY TRANSFER EQUITY LP	$0	–	-134,917	–	-0.64%	–
CVS	Exit	CVS HEALTH	$0	–	-28,906	–	-0.64%	–
HAIN	Exit	HAIN CELESTIAL GROUP INC	$0	–	-59,225	–	-0.66%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-56,255	–	-0.67%	–
EMN	Exit	EASTMAN CHEMICAL CO	$0	–	-28,066	–	-0.69%	–
PFE	Exit	PFIZER INCORPORATED	$0	–	-71,502	–	-0.69%	–
HON	Exit	HONEYWELL INTERNATIONAL	$0	–	-18,089	–	-0.69%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-17,500	–	-0.71%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-18,289	–	-0.72%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-29,409	–	-0.72%	–
T	Exit	AT&T INC	$0	–	-69,545	–	-0.74%	–
MET	Exit	METLIFE INC	$0	–	-52,569	–	-0.74%	–
PX	Exit	PRAXAIR INC	$0	–	-20,218	–	-0.76%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-46,627	–	-0.80%	–
BCR	Exit	C R BARD INC	$0	–	-9,753	–	-0.85%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-97,963	–	-0.89%	–
BDXA	Exit	BECTON DICKINSON & CO	$0	–	-59,975	–	-0.90%	–
CELG	Exit	CELGENE CORP	$0	–	-22,827	–	-0.90%	–
NYLD	Exit	NRG YIELD INCcl c	$0	–	-173,858	–	-0.91%	–
QQQ	Exit	POWERSHARES QQQ TRUSTput	$0	–	-22,500	–	-0.93%	–
WFC	Exit	WELLS-FARGO & CO	$0	–	-64,168	–	-0.96%	–
CVX	Exit	CHEVRON CORPORATION	$0	–	-31,138	–	-0.99%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-76,396	–	-1.02%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-24,202	–	-1.02%	–
AXP	Exit	AMERICAN EXPRESS COMPANY	$0	–	-41,855	–	-1.02%	–
KO	Exit	COCA COLA COMPANY	$0	–	-87,709	–	-1.07%	–
DISCA	Exit	DISCOVERY COMMUNICATIONS NEW	$0	–	-192,445	–	-1.11%	–
GOOGL	Exit	ALPHABET INC CLASS Acl a	$0	–	-4,435	–	-1.17%	–
MDLZ	Exit	MONDELEZ INTL INC CL Acl a	$0	–	-107,965	–	-1.19%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-30,397	–	-1.21%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-47,150	–	-1.22%	–
ZTS	Exit	ZOETIS INCcl a	$0	–	-71,538	–	-1.23%	–
V	Exit	VISA INC CL A	$0	–	-45,016	–	-1.28%	–
AWK	Exit	AMERICAN WATER WORKS CO INC	$0	–	-59,147	–	-1.30%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-69,380	–	-1.31%	–
PEP	Exit	PEPSICO INCORPORATED	$0	–	-46,502	–	-1.40%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-65,175	–	-1.45%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-46,860	–	-1.45%	–
GE	Exit	GENERAL ELECTRIC COMPANY	$0	–	-227,381	–	-1.49%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-75,806	–	-1.58%	–
DG	Exit	DOLLAR GENERAL CORP NEW	$0	–	-72,784	–	-1.60%	–
HBI	Exit	HANESBRANDS INC	$0	–	-250,540	–	-1.67%	–
FLT	Exit	FLEETCOR TECHNOLOGIES INC	$0	–	-40,000	–	-1.68%	–
ECL	Exit	ECOLAB INC	$0	–	-49,479	–	-1.72%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-153,584	–	-1.77%	–
MRK	Exit	MERCK & CO INC	$0	–	-103,183	–	-1.79%	–
MDT	Exit	MEDTRONIC INC	$0	–	-86,893	–	-1.83%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-36,593	–	-1.87%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-93,586	–	-1.89%	–
AMT	Exit	AMERICAN TOWER CORP CLASS	$0	–	-54,150	–	-2.00%	–
DHR	Exit	DANAHER CORP DEL	$0	–	-92,999	–	-2.16%	–
SERV	Exit	SERVICEMASTER GLOBAL HLDGS I	$0	–	-171,415	–	-2.17%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-82,804	–	-2.60%	–
ABBV	Exit	ABBVIE INC	$0	–	-112,503	–	-2.71%	–
CMCSA	Exit	COMCAST CORP NEW CL Acl a	$0	–	-268,264	–	-2.79%	–
AAPL	Exit	APPLE INC	$0	–	-71,432	–	-2.98%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-91,726	–	-3.23%	–

Q3 2017

			Value		Shares		↓ Weighting
JNJ	Buy	JOHNSON & JOHNSON	$11,925,000	-1.3%	91,726	+0.4%	3.23%	-6.6%
AAPL	Sell	APPLE INC	$11,009,000	+5.4%	71,432	-1.5%	2.98%	-0.2%
CMCSA	Sell	COMCAST CORP NEW CL Acl a	$10,323,000	-7.2%	268,264	-6.1%	2.79%	-12.2%
ABBV	Sell	ABBVIE INC	$9,997,000	+17.1%	112,503	-4.4%	2.71%	+10.8%
UNP	Buy	UNION PACIFIC CORP	$9,603,000	+8.6%	82,804	+2.0%	2.60%	+2.7%
SERV	Sell	SERVICEMASTER GLOBAL HLDGS I	$8,010,000	+19.0%	171,415	-0.2%	2.17%	+12.6%
DHR	Sell	DANAHER CORP DEL	$7,977,000	+1.0%	92,999	-0.6%	2.16%	-4.4%
AMT	Sell	AMERICAN TOWER CORP CLASS	$7,401,000	-1.8%	54,150	-4.9%	2.00%	-7.1%
MSFT	Buy	MICROSOFT CORP	$6,971,000	+14.2%	93,586	+5.7%	1.89%	+8.1%
TMO	Sell	THERMO FISHER SCIENTIFIC	$6,923,000	+5.6%	36,593	-2.6%	1.87%	-0.1%
MDT	New	MEDTRONIC INC	$6,758,000	–	86,893	–	1.83%	–
MRK	Sell	MERCK & CO INC	$6,607,000	-0.3%	103,183	-0.3%	1.79%	-5.7%
NWL	Buy	NEWELL BRANDS INC	$6,553,000	-11.8%	153,584	+10.8%	1.77%	-16.5%
ECL	Sell	ECOLAB INC	$6,363,000	-6.0%	49,479	-2.9%	1.72%	-11.0%
HBI	Buy	HANESBRANDS INC	$6,173,000	+9.3%	250,540	+2.8%	1.67%	+3.5%
DG	Sell	DOLLAR GENERAL CORP NEW	$5,899,000	+11.5%	72,784	-0.8%	1.60%	+5.6%
WBA	Buy	WALGREENS BOOTS ALLIANCE	$5,854,000	-1.2%	75,806	+0.2%	1.58%	-6.5%
GE	Buy	GENERAL ELECTRIC COMPANY	$5,498,000	-9.2%	227,381	+1.4%	1.49%	-14.1%
CHKP	Sell	CHECK POINT SOFTWARE TECH LTord	$5,343,000	+3.6%	46,860	-0.9%	1.45%	-2.0%
XOM	Buy	EXXON MOBIL CORPORATION	$5,343,000	+1.9%	65,175	+0.4%	1.45%	-3.5%
PEP	Sell	PEPSICO INCORPORATED	$5,182,000	-4.8%	46,502	-1.3%	1.40%	-9.8%
SLB	Sell	SCHLUMBERGER LTD	$4,840,000	+4.8%	69,380	-1.1%	1.31%	-0.8%
AWK	Sell	AMERICAN WATER WORKS CO INC	$4,786,000	+1.0%	59,147	-2.7%	1.30%	-4.4%
V	Sell	VISA INC CL A	$4,737,000	+11.7%	45,016	-0.5%	1.28%	+5.7%
ZTS	Sell	ZOETIS INCcl a	$4,561,000	+1.3%	71,538	-0.9%	1.23%	-4.2%
JPM	Buy	JPMORGAN CHASE & CO	$4,503,000	+11.2%	47,150	+6.4%	1.22%	+5.3%
NEE	Sell	NEXTERA ENERGY INC	$4,455,000	-13.5%	30,397	-41.5%	1.21%	-18.1%
MDLZ	Buy	MONDELEZ INTL INC CL Acl a	$4,390,000	-4.1%	107,965	+1.8%	1.19%	-9.3%
GOOGL	Sell	ALPHABET INC CLASS Acl a	$4,318,000	+2.7%	4,435	-1.9%	1.17%	-2.7%
DISCA	Buy	DISCOVERY COMMUNICATIONS NEW	$4,097,000	-12.0%	192,445	+6.7%	1.11%	-16.7%
KO	Buy	COCA COLA COMPANY	$3,948,000	+0.7%	87,709	+0.3%	1.07%	-4.6%
AXP	Sell	AMERICAN EXPRESS COMPANY	$3,786,000	+5.4%	41,855	-1.9%	1.02%	-0.3%
SPGI	Sell	S&P GLOBAL INC	$3,783,000	+6.6%	24,202	-0.4%	1.02%	+0.9%
VZ	Sell	VERIZON COMMUNICATIONS	$3,781,000	+9.3%	76,396	-1.4%	1.02%	+3.3%
CVX	Buy	CHEVRON CORPORATION	$3,659,000	+12.7%	31,138	+0.0%	0.99%	+6.6%
WFC	Buy	WELLS-FARGO & CO	$3,539,000	0.0%	64,168	+0.5%	0.96%	-5.3%
QQQ	New	POWERSHARES QQQ TRUSTput	$3,423,000	–	22,500	–	0.93%	–
NYLD	Buy	NRG YIELD INCcl c	$3,355,000	+20.8%	173,858	+10.2%	0.91%	+14.2%
CELG	Sell	CELGENE CORP	$3,329,000	+11.8%	22,827	-0.4%	0.90%	+5.8%
BDXA	Buy	BECTON DICKINSON & CO	$3,314,000	+16.5%	59,975	+15.5%	0.90%	+10.3%
CSCO	Sell	CISCO SYSTEMS INC	$3,294,000	+6.6%	97,963	-0.8%	0.89%	+0.9%
BCR	Sell	C R BARD INC	$3,126,000	-0.6%	9,753	-2.0%	0.85%	-6.0%
PX	Sell	PRAXAIR INC	$2,825,000	+4.4%	20,218	-1.0%	0.76%	-1.2%
T	Buy	AT&T INC	$2,724,000	+9.5%	69,545	+5.5%	0.74%	+3.5%
PG	Sell	PROCTER & GAMBLE	$2,676,000	+3.0%	29,409	-1.3%	0.72%	-2.6%
IBM	Buy	INTL BUSINESS MACHINES	$2,653,000	-4.7%	18,289	+1.1%	0.72%	-9.8%
IWM	New	ISHARES TRrussell 2000 etf	$2,612,000	–	17,500	–	0.71%	–
HON	Sell	HONEYWELL INTERNATIONAL	$2,564,000	+2.4%	18,089	-3.7%	0.69%	-3.1%
PFE	Buy	PFIZER INCORPORATED	$2,553,000	+7.5%	71,502	+1.1%	0.69%	+1.8%
EMN	Sell	EASTMAN CHEMICAL CO	$2,540,000	+5.6%	28,066	-2.0%	0.69%	-0.1%
SCHW	Sell	SCHWAB CHARLES CORP NEW	$2,461,000	+0.9%	56,255	-0.9%	0.67%	-4.4%
HAIN	Sell	HAIN CELESTIAL GROUP INC	$2,437,000	+2.4%	59,225	-3.3%	0.66%	-2.9%
CVS	Sell	CVS HEALTH	$2,351,000	-5.7%	28,906	-6.7%	0.64%	-10.8%
ET	New	ENERGY TRANSFER EQUITY LP	$2,345,000	–	134,917	–	0.64%	–
EMR	Sell	EMERSON ELECTRIC CO	$1,944,000	+3.5%	30,936	-1.8%	0.53%	-2.0%
BA	Sell	BOEING CO	$1,765,000	+21.4%	6,945	-5.5%	0.48%	+14.9%
HSIC	Buy	HENRY SCHEIN INC	$1,695,000	-11.9%	20,676	+96.6%	0.46%	-16.5%
QCOM	Sell	QUALCOMM INC	$1,691,000	-13.1%	32,626	-7.4%	0.46%	-17.6%
MCK	Sell	MCKESSON CORPORATION	$1,633,000	-8.4%	10,630	-1.9%	0.44%	-13.3%
NSC	Sell	NORFOLK SOUTHERN CORP	$1,626,000	+6.9%	12,294	-1.6%	0.44%	+1.1%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$1,581,000	+6.5%	13,165	-2.0%	0.43%	+0.7%
LLY	Buy	LILLY ELI & COMPANY	$1,528,000	+3.9%	17,863	+0.0%	0.41%	-1.4%
INTC	Buy	INTEL CORPORATION	$1,495,000	+13.8%	39,254	+0.8%	0.40%	+7.7%
CB	Sell	CHUBB LIMITED	$1,415,000	-2.7%	9,928	-0.8%	0.38%	-7.9%
MMM	Sell	3M COMPANY	$1,392,000	-5.6%	6,631	-6.3%	0.38%	-10.7%
ALGN	Sell	ALIGN TECHNOLOGY INC	$1,390,000	-2.5%	7,462	-21.4%	0.38%	-7.8%
PM	Sell	PHILIP MORRIS INTL INC	$1,279,000	-13.0%	11,519	-8.0%	0.35%	-17.6%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$1,275,000	-4.0%	31,402	+2.0%	0.34%	-9.2%
ADP	Sell	AUTOMATIC DATA PROCESSING	$1,266,000	-29.7%	11,584	-34.1%	0.34%	-33.4%
VOD	Buy	VODAFONE GROUP PLC NEWspnsr adr no par	$1,268,000	+0.2%	44,568	+1.1%	0.34%	-5.2%
DWDP	New	DOWDUPONT INC	$1,208,000	–	17,447	–	0.33%	–
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$1,208,000	-2.5%	19,073	-1.8%	0.33%	-7.6%
MMP	Buy	MAGELLAN MIDSTREAM PRTNRS LP	$1,156,000	+12.9%	16,271	+13.2%	0.31%	+6.8%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$1,123,000	+147.9%	25,768	+132.0%	0.30%	+133.8%
ABT	Buy	ABBOTT LABORATORIES	$1,092,000	+16.9%	20,469	+6.5%	0.30%	+10.9%
SJNK	Sell	SPDR SER TRbloomberg srt tr	$1,086,000	-1.3%	38,825	-1.3%	0.29%	-6.7%
WRK	Buy	WESTROCK CO	$1,086,000	+26.9%	19,150	+26.8%	0.29%	+20.0%
HRL	Buy	HORMEL FOODS CORP	$1,066,000	+11.4%	33,162	+18.2%	0.29%	+5.5%
RSG	Sell	REPUBLIC SERVICES INC CLASS A	$1,060,000	+0.4%	16,049	-3.1%	0.29%	-5.0%
SBUX	Buy	STARBUCKS CORP	$1,060,000	-4.4%	19,744	+3.8%	0.29%	-9.5%
TSN	New	TYSON FOODS INCcall	$1,057,000	–	15,000	–	0.29%	–
BHF	New	BRIGHTHOUSE FINL INC	$1,022,000	–	16,805	–	0.28%	–
HD	Buy	HOME DEPOT INC	$985,000	+93.1%	6,025	+81.2%	0.27%	+82.9%
QQQ	Buy	POWERSHARES QQQ TRUSTunit ser 1	$963,000	+43.9%	6,620	+36.2%	0.26%	+36.6%
EPD	Buy	ENTERPRISE PRD PRTNRS LP	$957,000	+22.8%	36,701	+27.6%	0.26%	+16.1%
AZN	Buy	ASTRAZENECA PLCsponsored adr	$931,000	+8.5%	27,476	+9.1%	0.25%	+2.9%
TXN	Buy	TEXAS INSTRUMENTS INC	$926,000	+19.8%	10,325	+2.7%	0.25%	+13.6%
HAL	Buy	HALLIBURTON CO	$927,000	+19.6%	20,145	+11.0%	0.25%	+13.1%
BKD	Buy	BROOKDALE SR LIVING INC	$906,000	-24.0%	85,480	+5.5%	0.24%	-28.2%
SRCL	Sell	STERICYCLE INC	$884,000	-35.0%	12,345	-30.8%	0.24%	-38.6%
D	Sell	DOMINION RES INC VA NEW	$869,000	+0.1%	11,293	-0.3%	0.24%	-5.2%
DUK	Buy	DUKE ENERGY CORP NEW	$861,000	+0.5%	10,256	+0.0%	0.23%	-4.9%
OLED	Sell	UNIVERSAL DISPLAY CORP.	$823,000	+7.0%	6,388	-9.2%	0.22%	+1.4%
BP	Buy	BP PLC ADRspon adr	$815,000	+12.0%	21,215	+1.0%	0.22%	+6.2%
AHP	Buy	ASHFORD HOSPITALITY PRIME INC	$779,000	-1.8%	82,021	+6.5%	0.21%	-7.0%
C	Buy	CITIGROUP INC	$765,000	+8.8%	10,511	+0.0%	0.21%	+3.0%
GOOG	Buy	ALPHABET INC CLASS Ccl c	$753,000	+7.1%	785	+1.4%	0.20%	+1.5%
MO	Buy	ALTRIA GROUP INC	$735,000	-14.4%	11,597	+0.5%	0.20%	-19.1%
EL	Sell	LAUDER ESTEE COS INCcl a	$694,000	+10.2%	6,435	-1.9%	0.19%	+4.4%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$691,000	+87.3%	2,749	+80.3%	0.19%	+76.4%
ENB	Sell	ENBRIDGE INC	$647,000	+0.2%	15,456	-4.7%	0.18%	-5.4%
DIS	Buy	DISNEY WALT CO	$606,000	+6.7%	6,147	+15.0%	0.16%	+1.2%
WRK	New	WESTROCK COcall	$567,000	–	10,000	–	0.15%	–
COG	Buy	CABOT OIL & GAS CORP	$561,000	+7.7%	20,975	+1.0%	0.15%	+2.0%
EFA	Sell	ISHARES TRmsci eafe etf	$558,000	-8.1%	8,151	-12.4%	0.15%	-13.2%
SPSB	Sell	SPDR SERIES TRUSTblomberg brc srt	$546,000	-15.1%	17,800	-15.2%	0.15%	-19.6%
EFX	New	EQUIFAX INCcall	$543,000	–	5,000	–	0.15%	–
OAK	Buy	OAKTREE CAP GROUP LLC	$538,000	+29.0%	11,442	+28.0%	0.15%	+22.7%
GILD	Sell	GILEAD SCIENCE INC	$524,000	-24.2%	6,466	-33.8%	0.14%	-28.3%
SO	Buy	SOUTHERN CO	$512,000	+13.5%	10,412	+10.6%	0.14%	+7.8%
FDX	New	FEDEX CORPORATION	$462,000	–	2,050	–	0.12%	–
EVC	Buy	ENTRAVISION COMMUNICATIONS Ccl a	$429,000	+2.6%	75,256	+18.8%	0.12%	-3.3%
LOW	Sell	LOWES COS INC	$389,000	+1.0%	4,867	-2.0%	0.10%	-4.5%
USB	Buy	US BANCORP DEL	$384,000	+19.6%	7,173	+16.2%	0.10%	+13.0%
FTV	Sell	FORTIVE CORP	$379,000	+7.4%	5,355	-3.8%	0.10%	+2.0%
ZAYO	New	ZAYO GROUP HOLDINGS INCcall	$344,000	–	10,000	–	0.09%	–
FTS	Sell	FORTIS INC	$321,000	-0.3%	8,973	-2.1%	0.09%	-5.4%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$320,000	-29.8%	1,602	-31.9%	0.09%	-33.1%
NVS	Sell	NOVARTIS AG SPON ADRspon adr	$308,000	-3.8%	3,585	-6.5%	0.08%	-9.8%
SDY	New	SPDR SERIES TRUSTs&p divid etf	$290,000	–	3,171	–	0.08%	–
TAP	Buy	MOLSON COORS BREWING COcl b	$286,000	+10.4%	3,500	+16.7%	0.08%	+4.1%
TFX	New	TELEFLEX INC	$282,000	–	1,166	–	0.08%	–
LQD	Sell	ISHARES TRiboxx inv cp etf	$272,000	-40.4%	2,240	-40.8%	0.07%	-43.1%
DFODQ	New	DEAN FOODS CO NEW	$271,000	–	24,900	–	0.07%	–
WMT	Sell	WAL-MART STORES INC	$267,000	+0.4%	3,417	-2.8%	0.07%	-5.3%
MDCO	New	MEDICINES CO	$241,000	–	6,500	–	0.06%	–
WY	New	WEYERHAEUSER CO	$239,000	–	7,030	–	0.06%	–
KMI	New	KINDER MORGAN INC DEL	$214,000	–	11,134	–	0.06%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$203,000	–	3,250	–	0.06%	–
NTNX	New	NUTANIX INCcl a	$202,000	–	9,000	–	0.06%	–
CAMP	New	CALAMP CORP	$200,000	–	8,610	–	0.05%	–
CSU	New	CAPITAL SR LIVING CORP	$195,000	–	15,500	–	0.05%	–
GPK	New	GRAPHIC PACKAGING HLDG CO	$167,000	–	12,000	–	0.04%	–
MYL	Exit	Mylan Labs	$0	–	-10,000	–	0.00%	–
MACK	Exit	Merrimack Pharmaceuticals Inc	$0	–	-25,940	–	-0.01%	–
AHT	Exit	Ashford Hospitality Tr Inc	$0	–	-20,000	–	-0.04%	–
AFL	Exit	Aflac Inc	$0	–	-2,580	–	-0.06%	–
NUE	Exit	Nucor Corp	$0	–	-3,500	–	-0.06%	–
HCP	Exit	HCP Inc	$0	–	-6,550	–	-0.06%	–
RAI	Exit	Reynolds American Inc	$0	–	-3,396	–	-0.06%	–
EMB	Exit	ISHARES TRjp mor em mk etf	$0	–	-1,937	–	-0.06%	–
INCY	Exit	Incyte Corp	$0	–	-1,770	–	-0.06%	–
BNDX	Exit	Vanguard Charlotte FDSintl bd idx etf	$0	–	-4,147	–	-0.06%	–
SPLS	Exit	Staples Inc	$0	–	-24,000	–	-0.07%	–
KS	Exit	KapStone Paper & Packaging C	$0	–	-12,000	–	-0.07%	–
MON	Exit	Monsanto Co New	$0	–	-2,650	–	-0.09%	–
DD	Exit	Du Pont E I De Nemour&Co	$0	–	-13,284	–	-0.31%	–
RL	Exit	Ralph Lauren Corpcall	$0	–	-20,000	–	-0.42%	–
	Exit	Medtronic Inc	$0	–	-87,143	–	-2.21%	–

Q2 2017

			Value		Shares		↓ Weighting
JNJ	New	Johnson & Johnson	$12,082,000	–	91,330	–	3.46%	–
CMCSA	New	Comcast Corp New Cl Acl a	$11,124,000	–	285,823	–	3.18%	–
AAPL	New	Apple Inc	$10,445,000	–	72,523	–	2.99%	–
UNP	New	Union Pacific Corp	$8,844,000	–	81,204	–	2.53%	–
ABBV	New	Abbvie Inc	$8,537,000	–	117,736	–	2.44%	–
DHR	New	Danaher Corp Del	$7,896,000	–	93,563	–	2.26%	–
	New	Medtronic Inc	$7,734,000	–	87,143	–	2.21%	–
AMT	New	American Tower Corp Class	$7,535,000	–	56,945	–	2.16%	–
NWL	New	Newell Brands Inc	$7,431,000	–	138,595	–	2.12%	–
ECL	New	Ecolab Inc	$6,767,000	–	50,976	–	1.94%	–
SERV	New	Servicemaster Global Hldgs I	$6,731,000	–	171,755	–	1.92%	–
MRK	New	Merck & Co Inc New	$6,630,000	–	103,449	–	1.90%	–
TMO	New	Thermo Fisher Scientific	$6,556,000	–	37,579	–	1.88%	–
MSFT	New	Microsoft Corp	$6,102,000	–	88,521	–	1.74%	–
GE	New	General Electric Company	$6,054,000	–	224,150	–	1.73%	–
WBA	New	Walgreens Boots Alliance	$5,926,000	–	75,675	–	1.70%	–
FLT	New	Fleetcor Technologies Inc	$5,768,000	–	40,000	–	1.65%	–
HBI	New	Hanesbrands Inc	$5,646,000	–	243,800	–	1.62%	–
PEP	New	PepsiCo Incorporated	$5,441,000	–	47,111	–	1.56%	–
DG	New	Dollar General Corp New	$5,290,000	–	73,376	–	1.51%	–
XOM	New	Exxon Mobil Corporation	$5,241,000	–	64,925	–	1.50%	–
CHKP	New	Check Pt Software Techord	$5,159,000	–	47,300	–	1.48%	–
NEE	New	NextEra Energy, Inc	$5,149,000	–	51,999	–	1.47%	–
AWK	New	American Water Works Co Inc	$4,738,000	–	60,788	–	1.36%	–
DISCA	New	Discovery Communications New	$4,658,000	–	180,340	–	1.33%	–
SLB	New	Schlumberger Ltd	$4,617,000	–	70,120	–	1.32%	–
MDLZ	New	Mondelez Intl Inc Cl Acl a	$4,579,000	–	106,031	–	1.31%	–
ZTS	New	Zoetis Inccl a	$4,503,000	–	72,188	–	1.29%	–
V	New	Visa Inc Cl A	$4,242,000	–	45,236	–	1.21%	–
GOOGL	New	Alphabet Inc Class Acl a	$4,203,000	–	4,521	–	1.20%	–
JPM	New	JPMorgan Chase & Co	$4,049,000	–	44,304	–	1.16%	–
KO	New	Coca Cola Company	$3,920,000	–	87,409	–	1.12%	–
AXP	New	American Express Company	$3,593,000	–	42,655	–	1.03%	–
SPGI	New	S&P Global Inc	$3,548,000	–	24,302	–	1.02%	–
WFC	New	Wells-Fargo & Co	$3,539,000	–	63,868	–	1.01%	–
VZ	New	Verizon Communications	$3,460,000	–	77,476	–	0.99%	–
CVX	New	Chevron Corporation	$3,248,000	–	31,137	–	0.93%	–
BCR	New	C R Bard Inc	$3,146,000	–	9,951	–	0.90%	–
CSCO	New	Cisco Systems Inc	$3,091,000	–	98,745	–	0.88%	–
CELG	New	Celgene Corp	$2,978,000	–	22,927	–	0.85%	–
MET	New	Metlife Inc	$2,888,000	–	52,569	–	0.83%	–
BDXA	New	Becton Dickinson & Co	$2,844,000	–	51,925	–	0.81%	–
IBM	New	Intl Business Machines	$2,783,000	–	18,089	–	0.80%	–
NYLD	New	NRG Yield Inccl c	$2,778,000	–	157,833	–	0.80%	–
PX	New	Praxair Inc	$2,707,000	–	20,426	–	0.77%	–
BMY	New	Bristol-Myers Squibb Co	$2,598,000	–	46,627	–	0.74%	–
PG	New	Procter & Gamble	$2,598,000	–	29,806	–	0.74%	–
HON	New	Honeywell International	$2,504,000	–	18,789	–	0.72%	–
CVS	New	CVS Health	$2,493,000	–	30,987	–	0.71%	–
T	New	AT&T Inc	$2,488,000	–	65,930	–	0.71%	–
SCHW	New	Schwab Charles Corp New	$2,438,000	–	56,744	–	0.70%	–
EMN	New	Eastman Chemical Co	$2,406,000	–	28,641	–	0.69%	–
HAIN	New	Hain Celestial Group Inc	$2,379,000	–	61,275	–	0.68%	–
PFE	New	Pfizer Incorporated	$2,375,000	–	70,702	–	0.68%	–
PNC	New	PNC Finl Services	$2,090,000	–	16,738	–	0.60%	–
QCOM	New	Qualcomm Inc	$1,945,000	–	35,215	–	0.56%	–
HSIC	New	Henry Schein Inc	$1,924,000	–	10,515	–	0.55%	–
EMR	New	Emerson Electric Co	$1,878,000	–	31,504	–	0.54%	–
ADP	New	Automatic Data Processing	$1,800,000	–	17,567	–	0.52%	–
MCK	New	McKesson Corporation	$1,783,000	–	10,835	–	0.51%	–
BAC	New	Bank of America Corp	$1,672,000	–	68,908	–	0.48%	–
UTX	New	United Technologies Corp	$1,548,000	–	12,677	–	0.44%	–
NSC	New	Norfolk Southern Corp	$1,521,000	–	12,494	–	0.44%	–
CERN	New	Cerner Corp	$1,496,000	–	22,505	–	0.43%	–
UPS	New	United Parcel Service Inccl b	$1,485,000	–	13,429	–	0.42%	–
RL	New	Ralph Lauren Corpcall	$1,476,000	–	20,000	–	0.42%	–
MMM	New	3M Company	$1,474,000	–	7,079	–	0.42%	–
LLY	New	Lilly Eli & Company	$1,470,000	–	17,860	–	0.42%	–
PM	New	Philip Morris Intl Inc	$1,470,000	–	12,516	–	0.42%	–
BA	New	Boeing Co	$1,454,000	–	7,353	–	0.42%	–
CB	New	Chubb Limited	$1,455,000	–	10,009	–	0.42%	–
ALGN	New	Align Technology Inc	$1,425,000	–	9,490	–	0.41%	–
SRCL	New	Stericycle Inc	$1,361,000	–	17,830	–	0.39%	–
GSK	New	GlaxoSmithKline PLCsponsored adr	$1,328,000	–	30,796	–	0.38%	–
INTC	New	Intel Corporation	$1,314,000	–	38,947	–	0.38%	–
VOD	New	Vodafone Group PLC Newspnsr adr no par	$1,266,000	–	44,068	–	0.36%	–
ESRX	New	Express Scripts Hldg Co	$1,239,000	–	19,414	–	0.35%	–
BKD	New	Brookdale Sr Living Inc	$1,192,000	–	81,030	–	0.34%	–
BWA	New	BorgWarner Inc	$1,182,000	–	27,900	–	0.34%	–
ITW	New	Illinois Tool Works Inc	$1,147,000	–	8,004	–	0.33%	–
SBUX	New	Starbucks Corp	$1,109,000	–	19,019	–	0.32%	–
SJNK	New	SPDR SER TRbloomberg srt tr	$1,100,000	–	39,325	–	0.32%	–
DD	New	Du Pont E I De Nemour&Co	$1,072,000	–	13,284	–	0.31%	–
RSG	New	Republic Services Inc Class A	$1,056,000	–	16,565	–	0.30%	–
MMP	New	Magellan Midstream Prtnrs LP	$1,024,000	–	14,371	–	0.29%	–
HRL	New	Hormel Foods Corp	$957,000	–	28,061	–	0.27%	–
RTN	New	Raytheon Co	$946,000	–	5,860	–	0.27%	–
SNY	New	Sanofisponsored adr	$943,000	–	19,677	–	0.27%	–
ABT	New	Abbott Laboratories	$934,000	–	19,219	–	0.27%	–
D	New	Dominion Res Inc VA New	$868,000	–	11,323	–	0.25%	–
MO	New	Altria Group Inc	$859,000	–	11,537	–	0.25%	–
AZN	New	Astrazeneca PLCsponsored adr	$858,000	–	25,176	–	0.24%	–
WRK	New	WestRock Co	$856,000	–	15,100	–	0.24%	–
DUK	New	Duke Energy Corp New	$857,000	–	10,254	–	0.24%	–
BDC	New	Belden Inc	$827,000	–	10,965	–	0.24%	–
AHP	New	Ashford Hospitality Prime Inc	$793,000	–	77,021	–	0.23%	–
EPD	New	Enterprise Prd Prtnrs LP	$779,000	–	28,773	–	0.22%	–
HAL	New	Halliburton Co	$775,000	–	18,145	–	0.22%	–
TXN	New	Texas Instruments Inc	$773,000	–	10,050	–	0.22%	–
OLED	New	Universal Display Corp.	$769,000	–	7,038	–	0.22%	–
CHD	New	Church & Dwight Co Inc	$752,000	–	14,500	–	0.22%	–
BP	New	BP PLC ADRspon adr	$728,000	–	21,000	–	0.21%	–
C	New	Citigroup Inc	$703,000	–	10,509	–	0.20%	–
GOOG	New	Alphabet Inc Class Ccl c	$703,000	–	774	–	0.20%	–
GILD	New	Gilead Science Inc	$691,000	–	9,766	–	0.20%	–
MAT	New	Mattel Inc	$680,000	–	31,575	–	0.19%	–
HSY	New	Hershey Co	$673,000	–	6,270	–	0.19%	–
QQQ	New	Powershares QQQ Trustunit ser 1	$669,000	–	4,859	–	0.19%	–
ENB	New	Enbridge Inc	$646,000	–	16,226	–	0.18%	–
HRS	New	Harris Corpnew	$644,000	–	5,900	–	0.18%	–
SPSB	New	SPDR SERIES TRUSTblomberg brc srt	$643,000	–	21,000	–	0.18%	–
ZAYO	New	Zayo Group Hldgs Inc	$637,000	–	20,600	–	0.18%	–
SHW	New	Sherwin Williams Co	$632,000	–	1,800	–	0.18%	–
EL	New	Lauder Estee Cos Inccl a	$630,000	–	6,560	–	0.18%	–
EFA	New	ISHARES TRmsci eafe etf	$607,000	–	9,305	–	0.17%	–
AFI	New	Armstrong Flooring Inc	$593,000	–	33,007	–	0.17%	–
DIS	New	Disney Walt Co	$568,000	–	5,347	–	0.16%	–
BRKB	New	Berkshire Hathaway Inc Class Bcl b new	$521,000	–	3,079	–	0.15%	–
COG	New	Cabot Oil & Gas Corp	$521,000	–	20,775	–	0.15%	–
HD	New	Home Depot Inc	$510,000	–	3,325	–	0.15%	–
LQD	New	ISHARES TRiboxx inv cp etf	$456,000	–	3,783	–	0.13%	–
VWO	New	Vanguard Intl Equity Index Fftse emr mkt etf	$453,000	–	11,106	–	0.13%	–
STZ	New	Constellation Brands Inccl a	$456,000	–	2,352	–	0.13%	–
SO	New	The Southern Company	$451,000	–	9,410	–	0.13%	–
WMB	New	Williams Companies	$436,000	–	14,405	–	0.12%	–
AIG	New	American lntl Group Inc	$438,000	–	7,000	–	0.12%	–
EVC	New	Entravision Communications Ccl a	$418,000	–	63,356	–	0.12%	–
OAK	New	Oaktree Cap Group LLC	$417,000	–	8,942	–	0.12%	–
SYK	New	Stryker Corp	$407,000	–	2,933	–	0.12%	–
LOW	New	Lowes Cos Inc	$385,000	–	4,967	–	0.11%	–
SPY	New	SPDR S&P 500 ETF Trtr unit	$369,000	–	1,525	–	0.11%	–
FTV	New	Fortive Corp	$353,000	–	5,568	–	0.10%	–
DOV	New	Dover Corporation	$341,000	–	4,255	–	0.10%	–
GIS	New	General Mills Inc	$343,000	–	6,200	–	0.10%	–
XPO	New	XPO Logistics Inc	$327,000	–	5,065	–	0.09%	–
NVS	New	Novartis AG Spon ADRspon adr	$320,000	–	3,835	–	0.09%	–
CAT	New	Caterpillar Inc Del	$320,000	–	2,980	–	0.09%	–
FTS	New	Fortis Inc	$322,000	–	9,163	–	0.09%	–
USB	New	US Bancorp Del	$321,000	–	6,173	–	0.09%	–
MON	New	Monsanto Co New	$314,000	–	2,650	–	0.09%	–
PEG	New	Pub Svc Ent Group Inc	$307,000	–	7,141	–	0.09%	–
AMGN	New	Amgen Inc	$277,000	–	1,611	–	0.08%	–
AMAT	New	Applied Matls Inc	$269,000	–	6,500	–	0.08%	–
WMT	New	Wal-mart Stores Inc	$266,000	–	3,517	–	0.08%	–
TAP	New	Molson Coors Brewing Cocl b	$259,000	–	3,000	–	0.07%	–
VRTX	New	Vertex Pharmaceuticals Inc	$249,000	–	1,930	–	0.07%	–
KS	New	KapStone Paper & Packaging C	$248,000	–	12,000	–	0.07%	–
SPLS	New	Staples Inc	$242,000	–	24,000	–	0.07%	–
BKS	New	Barnes & Noble Inc	$228,000	–	30,000	–	0.06%	–
BNDX	New	Vanguard Charlotte FDSintl bd idx etf	$225,000	–	4,147	–	0.06%	–
INCY	New	Incyte Corp	$223,000	–	1,770	–	0.06%	–
EMB	New	ISHARES TRjp mor em mk etf	$222,000	–	1,937	–	0.06%	–
RAI	New	Reynolds American Inc	$221,000	–	3,396	–	0.06%	–
IRDM	New	Iridium Communications	$218,000	–	19,690	–	0.06%	–
ADM	New	Archer Daniels Midland Co	$214,000	–	5,164	–	0.06%	–
PPL	New	PPL Corp	$212,000	–	5,483	–	0.06%	–
HCP	New	HCP Inc	$209,000	–	6,550	–	0.06%	–
BBT	New	BB&T Corporation	$207,000	–	4,549	–	0.06%	–
GD	New	General Dynamics Corp	$203,000	–	1,025	–	0.06%	–
NUE	New	Nucor Corp	$203,000	–	3,500	–	0.06%	–
AFL	New	Aflac Inc	$200,000	–	2,580	–	0.06%	–
NMRX	New	Numerex Corpcl a	$149,000	–	30,248	–	0.04%	–
AHT	New	Ashford Hospitality Tr Inc	$122,000	–	20,000	–	0.04%	–
MACK	New	Merrimack Pharmaceuticals Inc	$32,000	–	25,940	–	0.01%	–
MYL	New	Mylan Labs	$1,000	–	10,000	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
F	Exit	Ford Mtr Co DEL	$0	–	-11,100	–	-0.04%	–
CAMP	Exit	Calamp Corp	$0	–	-10,090	–	-0.04%	–
SPLS	Exit	STAPLES INC	$0	–	-21,800	–	-0.06%	–
MCHP	Exit	Microchip Technology	$0	–	-3,300	–	-0.06%	–
OAK	Exit	OAKTREE CAPITAL GROUP LLC	$0	–	-4,900	–	-0.06%	–
HCP	Exit	HCP Inc	$0	–	-5,750	–	-0.07%	–
WY	Exit	Weyerhaeuser Co	$0	–	-7,026	–	-0.07%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-2,875	–	-0.07%	–
XPO	Exit	XPO Logistics Inc	$0	–	-6,250	–	-0.07%	–
RDSB	Exit	Royal Dutch Shell PLCspon adr b	$0	–	-4,425	–	-0.07%	–
HTZGQ	Exit	HERTZ GLOBAL HLDGS INC	$0	–	-6,000	–	-0.08%	–
IRDM	Exit	Iridium Communications	$0	–	-30,190	–	-0.08%	–
USB	Exit	US Bancorp Del	$0	–	-5,973	–	-0.08%	–
WMT	Exit	Wal-mart Stores Inc	$0	–	-3,517	–	-0.08%	–
CAR	Exit	AVIS BUDGET GROUP	$0	–	-7,600	–	-0.08%	–
PCAR	Exit	Paccar Inc	$0	–	-4,450	–	-0.08%	–
SCHM	Exit	Schwab Strategic Trus mid-cap eft	$0	–	-6,059	–	-0.08%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-2,980	–	-0.08%	–
AMGN	Exit	Amgen Inc	$0	–	-1,611	–	-0.08%	–
RDSA	Exit	Royal Dutch Shellspon adr b	$0	–	-5,451	–	-0.09%	–
ADM	Exit	Archer Daniels Midland Co	$0	–	-6,664	–	-0.09%	–
MACK	Exit	Merrimack Pharmaceuticals Inc	$0	–	-48,601	–	-0.10%	–
FTV	Exit	Fortive Corp	$0	–	-6,100	–	-0.10%	–
EL	Exit	Lauder Estee Cos Inccl a	$0	–	-3,607	–	-0.10%	–
BRKB	Exit	Berkshire Hathaway Inc Class Bcl b new	$0	–	-2,385	–	-0.11%	–
COP	Exit	ConocoPhillips	$0	–	-8,291	–	-0.11%	–
GLW	Exit	Corning Inc	$0	–	-15,500	–	-0.12%	–
SYK	Exit	Stryker Corp	$0	–	-3,201	–	-0.12%	–
PEG	Exit	Pub Svc Ent Group Inc	$0	–	-9,038	–	-0.12%	–
C	Exit	Citigroup Inc	$0	–	-8,207	–	-0.12%	–
NVS	Exit	Novartis AG Spon ADRspon adr	$0	–	-5,180	–	-0.13%	–
LOW	Exit	Lowes Cos Inc	$0	–	-5,632	–	-0.13%	–
DIS	Exit	Disney Walt Co	$0	–	-4,888	–	-0.14%	–
BWA	Exit	BorgWarner Inc	$0	–	-13,125	–	-0.14%	–
GIS	Exit	General Mills Inc	$0	–	-7,350	–	-0.15%	–
HD	Exit	Home Depot Inc	$0	–	-3,725	–	-0.15%	–
WMB	Exit	Williams Companies	$0	–	-16,105	–	-0.16%	–
SO	Exit	The Southern Company	$0	–	-9,608	–	-0.16%	–
SHW	Exit	Sherwin Williams Co	$0	–	-1,800	–	-0.16%	–
XLNX	Exit	Xilinx Inc	$0	–	-9,175	–	-0.16%	–
DOV	Exit	Dover Corporation	$0	–	-7,335	–	-0.17%	–
SNY	Exit	Sanofisponsored adr	$0	–	-14,552	–	-0.18%	–
HRS	Exit	Harris Corpnew	$0	–	-6,100	–	-0.18%	–
HAL	Exit	Halliburton Co	$0	–	-13,170	–	-0.19%	–
HSY	Exit	Hershey Co	$0	–	-6,270	–	-0.19%	–
LLY	Exit	Lilly Eli & Company	$0	–	-7,815	–	-0.20%	–
OLED	Exit	Universal Display Corp.	$0	–	-12,390	–	-0.22%	–
SBUX	Exit	Starbucks Corp	$0	–	-12,939	–	-0.22%	–
CHD	Exit	Church & Dwight Co Inc	$0	–	-14,700	–	-0.22%	–
SEP	Exit	Spectra Energy Corp	$0	–	-16,614	–	-0.22%	–
EPD	Exit	Enterprise Prd Prtnrs LP	$0	–	-26,073	–	-0.23%	–
MO	Exit	Altria Group Inc	$0	–	-11,492	–	-0.23%	–
CSX	Exit	CSX Corp	$0	–	-24,025	–	-0.23%	–
TXN	Exit	Texas Instruments Inc	$0	–	-10,650	–	-0.23%	–
GOOG	Exit	Alphabet Inc Class Ccl c	$0	–	-981	–	-0.24%	–
BDC	Exit	Belden Inc	$0	–	-11,180	–	-0.24%	–
BP	Exit	BP PLC ADRspon adr	$0	–	-22,000	–	-0.24%	–
DUK	Exit	Duke Energy Corp New	$0	–	-10,249	–	-0.26%	–
VOD	Exit	Vodafone Group PLC Newspnsr adr no par	$0	–	-28,206	–	-0.26%	–
AZN	Exit	Astrazeneca PLCsponsored adr	$0	–	-25,026	–	-0.26%	–
D	Exit	Dominion Res Inc VA New	$0	–	-11,188	–	-0.26%	–
GSK	Exit	GlaxoSmithKline PLCsponsored adr	$0	–	-19,483	–	-0.26%	–
ABT	Exit	Abbott Laboratories	$0	–	-20,237	–	-0.27%	–
RSG	Exit	Republic Services Inc Class A	$0	–	-17,467	–	-0.28%	–
DD	Exit	Du Pont E I De Nemour&Co	$0	–	-13,754	–	-0.29%	–
MAT	Exit	Mattel	$0	–	-32,575	–	-0.31%	–
CERN	Exit	Cerner Corp	$0	–	-16,275	–	-0.32%	–
MMP	Exit	Magellan Midstream Prtnrs LP	$0	–	-14,371	–	-0.32%	–
ITW	Exit	Illinois Tool Works Inc	$0	–	-8,583	–	-0.32%	–
BA	Exit	Boeing Co	$0	–	-8,153	–	-0.34%	–
BAC	Exit	Bank of America Corp	$0	–	-68,908	–	-0.34%	–
RAD	Exit	Rite Aid Corp	$0	–	-143,800	–	-0.35%	–
ALGN	Exit	Align Technology Inc	$0	–	-11,950	–	-0.35%	–
BKD	Exit	Brookdale Senior Living	$0	–	-68,336	–	-0.37%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-12,507	–	-0.38%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-12,535	–	-0.38%	–
UTX	Exit	United Technologies Corp	$0	–	-12,261	–	-0.39%	–
IP	Exit	Intl Paper Co	$0	–	-26,240	–	-0.40%	–
V	Exit	Visa Inc Cl A	$0	–	-15,290	–	-0.40%	–
MMM	Exit	3M Company	$0	–	-7,303	–	-0.40%	–
GILD	Exit	Gilead Science Inc	$0	–	-16,873	–	-0.42%	–
WFC	Exit	Wells-Fargo & Co	$0	–	-31,344	–	-0.44%	–
CB	Exit	Chubb Limited	$0	–	-11,356	–	-0.45%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-45,511	–	-0.45%	–
INTC	Exit	Intel Corporation	$0	–	-39,647	–	-0.47%	–
UPS	Exit	United Parcel Service Bcl b	$0	–	-14,314	–	-0.49%	–
PNC	Exit	PNC Finl Services	$0	–	-18,525	–	-0.52%	–
QCOM	Exit	Qualcomm Inc	$0	–	-24,856	–	-0.54%	–
HSIC	Exit	Henry Schein Inc	$0	–	-10,640	–	-0.54%	–
EMR	Exit	Emerson Electric Co	$0	–	-34,451	–	-0.59%	–
ADP	Exit	Automatic Data Processing	$0	–	-22,525	–	-0.62%	–
HON	Exit	Honeywell International	$0	–	-17,204	–	-0.63%	–
SCHW	Exit	Charles Schwab & Co.	$0	–	-64,004	–	-0.63%	–
EMN	Exit	Eastman Chemical Co	$0	–	-30,571	–	-0.65%	–
PFE	Exit	Pfizer Incorporated	$0	–	-61,372	–	-0.65%	–
MET	Exit	Metlife Inc	$0	–	-47,862	–	-0.67%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-42,977	–	-0.73%	–
HAIN	Exit	Hain Celestial Group Inc	$0	–	-66,200	–	-0.74%	–
BCR	Exit	C R Bard Inc	$0	–	-10,904	–	-0.77%	–
CELG	Exit	Celgene Corp	$0	–	-23,707	–	-0.78%	–
T	Exit	AT&T Inc	$0	–	-64,534	–	-0.82%	–
PX	Exit	Praxair Inc	$0	–	-21,979	–	-0.83%	–
ET	Exit	Energy Transfer Equity LP	$0	–	-159,600	–	-0.84%	–
SRCL	Exit	Stericycle Inc	$0	–	-33,495	–	-0.84%	–
NYLD	Exit	NRG Yield Inccl c	$0	–	-161,533	–	-0.86%	–
IBM	Exit	Intl Business Machines	$0	–	-18,089	–	-0.90%	–
PG	Exit	Procter & Gamble	$0	–	-32,581	–	-0.92%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-44,153	–	-0.92%	–
AXP	Exit	American Express Company	$0	–	-47,120	–	-0.95%	–
SPGI	Exit	S&P Global Inc	$0	–	-24,777	–	-0.98%	–
NEE	Exit	Nextera Energy	$0	–	-26,705	–	-1.02%	–
CVX	Exit	Chevron Corporation	$0	–	-32,460	–	-1.05%	–
GOOGL	Exit	Alphabet Inc Class Acl a	$0	–	-4,371	–	-1.10%	–
ESRX	Exit	Express Scripts Hldg Co	$0	–	-54,903	–	-1.22%	–
KO	Exit	Coca Cola Company	$0	–	-92,464	–	-1.23%	–
CVS	Exit	CVS Health	$0	–	-44,677	–	-1.25%	–
ZTS	Exit	Zoetis Inccl a	$0	–	-80,558	–	-1.32%	–
VZ	Exit	Verizon Communications	$0	–	-81,911	–	-1.34%	–
SERV	Exit	Servicemaster Global Hldgs I	$0	–	-130,640	–	-1.38%	–
CHKP	Exit	Check Pt Software Techord	$0	–	-57,230	–	-1.39%	–
SLB	Exit	Schlumberger Ltd	$0	–	-58,083	–	-1.43%	–
MDLZ	Exit	Mondelez Intl Inc Cl Acl a	$0	–	-106,237	–	-1.46%	–
AWK	Exit	American Water Works Co Inc	$0	–	-66,088	–	-1.55%	–
MSFT	Exit	Microsoft Corp	$0	–	-87,337	–	-1.58%	–
PEP	Exit	PepsiCo Incorporated	$0	–	-46,757	–	-1.60%	–
MYL	Exit	Mylan Labs	$0	–	-135,407	–	-1.62%	–
ITC	Exit	ITC Holdings Corp	$0	–	-118,033	–	-1.72%	–
MCK	Exit	McKesson Corporation	$0	–	-32,909	–	-1.72%	–
NWL	Exit	Newell Brands Inc	$0	–	-106,429	–	-1.76%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-64,523	–	-1.77%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-36,210	–	-1.81%	–
DG	Exit	Dollar General Corp New	$0	–	-85,097	–	-1.87%	–
DHR	Exit	Danaher Corp Del	$0	–	-77,470	–	-1.91%	–
AMT	Exit	American Tower Corp Class	$0	–	-53,728	–	-1.91%	–
ECL	Exit	Ecolab Inc	$0	–	-52,716	–	-2.01%	–
WBA	Exit	Walgreens Boots Alliance	$0	–	-82,412	–	-2.08%	–
MRK	Exit	Merck & Co Inc New	$0	–	-111,167	–	-2.18%	–
FLT	Exit	Fleetcor Technologies Inc	$0	–	-40,000	–	-2.18%	–
	Exit	Medtronic Inc	$0	–	-87,709	–	-2.38%	–
GE	Exit	General Electric Company	$0	–	-262,076	–	-2.44%	–
ABBV	Exit	Abbvie Inc	$0	–	-133,750	–	-2.65%	–
UNP	Exit	Union Pacific Corp	$0	–	-90,618	–	-2.77%	–
CMCSA	Exit	Comcast Corp New Cl Acl a	$0	–	-135,201	–	-2.82%	–
AAPL	Exit	Apple Inc	$0	–	-82,136	–	-2.91%	–
JNJ	Exit	Johnson & Johnson	$0	–	-103,001	–	-3.82%	–

Q3 2016

			Value		Shares		↓ Weighting
JNJ	Sell	Johnson & Johnson	$12,168,000	-5.1%	103,001	-2.5%	3.82%	-7.7%
AAPL	Buy	Apple Inc	$9,285,000	+18.6%	82,136	+0.3%	2.91%	+15.2%
CMCSA	Buy	Comcast Corp New Cl Acl a	$8,969,000	+3.8%	135,201	+2.0%	2.82%	+0.9%
UNP	Sell	Union Pacific Corp	$8,838,000	+10.5%	90,618	-1.2%	2.77%	+7.4%
ABBV	Sell	Abbvie Inc	$8,436,000	-0.4%	133,750	-2.3%	2.65%	-3.2%
GE	Buy	General Electric Company	$7,763,000	+10.2%	262,076	+17.1%	2.44%	+7.1%
	Sell	Medtronic Inc	$7,578,000	-5.1%	87,709	-4.7%	2.38%	-7.7%
MRK	Sell	Merck & Co Inc New	$6,938,000	+7.1%	111,167	-1.2%	2.18%	+4.1%
WBA	Buy	Walgreens Boots Alliance	$6,644,000	-2.5%	82,412	+0.8%	2.08%	-5.2%
ECL	Sell	Ecolab Inc	$6,417,000	+2.0%	52,716	-0.7%	2.01%	-0.9%
AMT	Buy	American Tower Corp Class	$6,089,000	+1.2%	53,728	+1.5%	1.91%	-1.6%
DHR	Buy	Danaher Corp Del	$6,073,000	+37.8%	77,470	+77.5%	1.91%	+33.9%
DG	Buy	Dollar General Corp New	$5,956,000	+2.9%	85,097	+38.2%	1.87%	0.0%
TMO	Sell	Thermo Fisher Scientific	$5,760,000	+6.4%	36,210	-1.2%	1.81%	+3.4%
XOM	Buy	Exxon Mobil Corporation	$5,632,000	-4.5%	64,523	+2.5%	1.77%	-7.1%
NWL	Buy	Newell Brands Inc	$5,605,000	+27.2%	106,429	+17.3%	1.76%	+23.6%
MCK	Buy	McKesson Corporation	$5,488,000	-9.3%	32,909	+1.5%	1.72%	-11.8%
ITC	Sell	ITC Holdings Corp	$5,486,000	-15.2%	118,033	-14.6%	1.72%	-17.6%
MYL	Sell	Mylan Labs	$5,162,000	-11.9%	135,407	-0.1%	1.62%	-14.4%
PEP	Buy	PepsiCo Incorporated	$5,086,000	+5.5%	46,757	+2.7%	1.60%	+2.5%
MSFT	Buy	Microsoft Corp	$5,031,000	+23.1%	87,337	+9.4%	1.58%	+19.7%
AWK	Sell	American Water Works Co Inc	$4,946,000	-20.7%	66,088	-10.5%	1.55%	-23.0%
MDLZ	Buy	Mondelez Intl Inc Cl Acl a	$4,664,000	-0.0%	106,237	+3.6%	1.46%	-2.9%
SLB	Buy	Schlumberger Ltd	$4,568,000	+0.6%	58,083	+1.1%	1.43%	-2.2%
CHKP	Buy	Check Pt Software Techord	$4,442,000	+41.2%	57,230	+44.9%	1.39%	+37.2%
SERV	Buy	Servicemaster Global Hldgs I	$4,400,000	+15.5%	130,640	+36.5%	1.38%	+12.3%
VZ	Buy	Verizon Communications	$4,258,000	-6.7%	81,911	+0.2%	1.34%	-9.3%
ZTS	Sell	Zoetis Inccl a	$4,190,000	+1.6%	80,558	-7.3%	1.32%	-1.3%
CVS	Sell	CVS Health	$3,976,000	-9.2%	44,677	-2.3%	1.25%	-11.7%
KO	Sell	Coca Cola Company	$3,913,000	-7.1%	92,464	-0.5%	1.23%	-9.7%
ESRX	Sell	Express Scripts Hldg Co	$3,872,000	-10.2%	54,903	-3.5%	1.22%	-12.8%
GOOGL	Buy	Alphabet Inc Class Acl a	$3,515,000	+21.2%	4,371	+6.1%	1.10%	+17.8%
CVX	Buy	Chevron Corporation	$3,341,000	+0.1%	32,460	+1.9%	1.05%	-2.7%
NEE	Sell	Nextera Energy	$3,267,000	-11.3%	26,705	-5.5%	1.02%	-13.8%
SPGI	Sell	S&P Global Inc	$3,136,000	+17.3%	24,777	-0.6%	0.98%	+14.0%
AXP	Sell	American Express Company	$3,018,000	-3.0%	47,120	-8.0%	0.95%	-5.8%
JPM	Sell	JPMorgan Chase & Co	$2,940,000	+6.0%	44,153	-1.1%	0.92%	+3.1%
PG	Sell	Procter & Gamble	$2,924,000	-0.5%	32,581	-6.1%	0.92%	-3.3%
IBM	Sell	Intl Business Machines	$2,873,000	+3.2%	18,089	-1.4%	0.90%	+0.3%
NYLD	Buy	NRG Yield Inccl c	$2,740,000	+9.7%	161,533	+0.8%	0.86%	+6.7%
SRCL	Buy	Stericycle Inc	$2,684,000	-7.3%	33,495	+20.4%	0.84%	-9.9%
ET	Sell	Energy Transfer Equity LP	$2,680,000	+13.0%	159,600	-3.3%	0.84%	+9.8%
PX	Sell	Praxair Inc	$2,656,000	+4.9%	21,979	-2.4%	0.83%	+2.1%
T	Sell	AT&T Inc	$2,621,000	-6.9%	64,534	-0.9%	0.82%	-9.5%
CELG	Sell	Celgene Corp	$2,478,000	+5.1%	23,707	-0.8%	0.78%	+2.2%
BCR	Sell	C R Bard Inc	$2,446,000	-8.4%	10,904	-3.9%	0.77%	-10.9%
HAIN	Sell	Hain Celestial Group Inc	$2,355,000	-31.5%	66,200	-4.2%	0.74%	-33.4%
BMY	Buy	Bristol-Myers Squibb Co	$2,317,000	-4.7%	42,977	+30.0%	0.73%	-7.4%
MET	Buy	Metlife Inc	$2,127,000	+18.4%	47,862	+6.1%	0.67%	+15.2%
PFE	Sell	Pfizer Incorporated	$2,079,000	-4.1%	61,372	-0.3%	0.65%	-6.7%
EMN	Buy	Eastman Chemical Co	$2,069,000	-0.1%	30,571	+0.2%	0.65%	-3.0%
SCHW	Buy	Charles Schwab & Co.	$2,021,000	+27.8%	64,004	+2.5%	0.63%	+24.1%
HON	Buy	Honeywell International	$2,006,000	+4.2%	17,204	+4.0%	0.63%	+1.3%
ADP	Sell	Automatic Data Processing	$1,987,000	-6.5%	22,525	-2.6%	0.62%	-9.0%
EMR	Sell	Emerson Electric Co	$1,878,000	-2.0%	34,451	-6.3%	0.59%	-4.8%
HSIC	Buy	Henry Schein Inc	$1,734,000	-6.2%	10,640	+1.8%	0.54%	-8.9%
QCOM	Sell	Qualcomm Inc	$1,703,000	+20.6%	24,856	-5.7%	0.54%	+17.3%
PNC	Buy	PNC Finl Services	$1,669,000	+11.7%	18,525	+0.9%	0.52%	+8.7%
UPS	Buy	United Parcel Service Bcl b	$1,565,000	+8.3%	14,314	+6.7%	0.49%	+5.1%
INTC	Buy	Intel Corporation	$1,497,000	+23.4%	39,647	+7.2%	0.47%	+19.9%
CSCO	Buy	Cisco Systems Inc	$1,444,000	+12.5%	45,511	+1.8%	0.45%	+9.4%
CB	Sell	Chubb Limited	$1,427,000	-12.0%	11,356	-8.4%	0.45%	-14.3%
WFC	Buy	Wells-Fargo & Co	$1,388,000	-4.9%	31,344	+1.6%	0.44%	-7.4%
GILD	Buy	Gilead Science Inc	$1,335,000	+153.8%	16,873	+167.6%	0.42%	+146.5%
MMM	Buy	3M Company	$1,287,000	+5.0%	7,303	+4.3%	0.40%	+2.0%
V	Buy	Visa Inc Cl A	$1,264,000	+20.4%	15,290	+8.0%	0.40%	+17.1%
IP	Sell	Intl Paper Co	$1,259,000	+11.9%	26,240	-1.2%	0.40%	+8.8%
UTX	Sell	United Technologies Corp	$1,246,000	-34.2%	12,261	-33.6%	0.39%	-36.0%
PM	Buy	Philip Morris Intl Inc	$1,219,000	-2.3%	12,535	+2.1%	0.38%	-5.0%
NSC	Sell	Norfolk Southern Corp	$1,214,000	+12.2%	12,507	-1.6%	0.38%	+9.2%
BKD	Buy	Brookdale Senior Living	$1,192,000	+17.2%	68,336	+3.7%	0.37%	+14.0%
ALGN	Sell	Align Technology Inc	$1,120,000	+12.6%	11,950	-3.2%	0.35%	+9.7%
RAD	New	Rite Aid Corp	$1,106,000	–	143,800	–	0.35%	–
BAC	Buy	Bank of America Corp	$1,078,000	+57.6%	68,908	+33.7%	0.34%	+52.9%
BA	Sell	Boeing Co	$1,074,000	-3.2%	8,153	-4.6%	0.34%	-5.9%
MMP	Sell	Magellan Midstream Prtnrs LP	$1,017,000	-22.5%	14,371	-16.8%	0.32%	-24.8%
CERN	Sell	Cerner Corp	$1,005,000	-4.3%	16,275	-9.2%	0.32%	-7.1%
MAT	Sell	Mattel	$986,000	-13.0%	32,575	-10.1%	0.31%	-15.6%
DD	Sell	Du Pont E I De Nemour&Co	$921,000	-1.8%	13,754	-5.0%	0.29%	-4.6%
GSK	Sell	GlaxoSmithKline PLCsponsored adr	$840,000	-4.7%	19,483	-4.2%	0.26%	-7.0%
D	Sell	Dominion Res Inc VA New	$831,000	-13.6%	11,188	-9.4%	0.26%	-16.1%
VOD	Buy	Vodafone Group PLC Newspnsr adr no par	$822,000	+98.1%	28,206	+110.0%	0.26%	+92.5%
AZN	Buy	Astrazeneca PLCsponsored adr	$822,000	+10.2%	25,026	+1.2%	0.26%	+7.1%
DUK	Buy	Duke Energy Corp New	$820,000	-4.9%	10,249	+2.0%	0.26%	-7.6%
BDC	Sell	Belden Inc	$771,000	-21.6%	11,180	-31.3%	0.24%	-23.7%
GOOG	Sell	Alphabet Inc Class Ccl c	$763,000	+6.3%	981	-5.5%	0.24%	+3.0%
CSX	Sell	CSX Corp	$733,000	+4.4%	24,025	-10.8%	0.23%	+1.3%
MO	Buy	Altria Group Inc	$727,000	-6.4%	11,492	+1.9%	0.23%	-9.2%
EPD	Sell	Enterprise Prd Prtnrs LP	$720,000	-24.2%	26,073	-19.7%	0.23%	-26.4%
SEP	Buy	Spectra Energy Corp	$710,000	+23.1%	16,614	+5.4%	0.22%	+19.9%
CHD	Buy	Church & Dwight Co Inc	$704,000	-6.9%	14,700	+100.0%	0.22%	-9.4%
SBUX	Buy	Starbucks Corp	$701,000	+165.5%	12,939	+179.9%	0.22%	+158.8%
OLED	Sell	Universal Display Corp.	$688,000	-24.2%	12,390	-7.5%	0.22%	-26.3%
LLY	Sell	Lilly Eli & Company	$627,000	-18.4%	7,815	-19.9%	0.20%	-20.6%
HSY	Sell	Hershey Co	$599,000	-18.4%	6,270	-3.1%	0.19%	-20.7%
HAL	Sell	Halliburton Co	$591,000	-13.8%	13,170	-13.0%	0.19%	-16.2%
SNY	Sell	Sanofisponsored adr	$556,000	-17.3%	14,552	-9.3%	0.18%	-19.4%
SO	Sell	The Southern Company	$493,000	-7.7%	9,608	-3.4%	0.16%	-9.9%
WMB	Sell	Williams Companies	$495,000	+1.2%	16,105	-28.8%	0.16%	-1.9%
HD	Buy	Home Depot Inc	$479,000	+52.1%	3,725	+50.8%	0.15%	+47.1%
GIS	Sell	General Mills Inc	$470,000	-13.9%	7,350	-3.9%	0.15%	-15.9%
BWA	New	BorgWarner Inc	$462,000	–	13,125	–	0.14%	–
DIS	Buy	Disney Walt Co	$454,000	-1.1%	4,888	+4.3%	0.14%	-3.4%
NVS	Sell	Novartis AG Spon ADRspon adr	$409,000	-59.5%	5,180	-57.7%	0.13%	-60.7%
LOW	Buy	Lowes Cos Inc	$407,000	+16.0%	5,632	+26.9%	0.13%	+13.3%
C	Buy	Citigroup Inc	$388,000	+14.5%	8,207	+2.5%	0.12%	+11.9%
PEG	Sell	Pub Svc Ent Group Inc	$378,000	-26.5%	9,038	-18.1%	0.12%	-28.3%
SYK	Sell	Stryker Corp	$373,000	-5.8%	3,201	-3.0%	0.12%	-8.6%
COP	Sell	ConocoPhillips	$360,000	-59.8%	8,291	-59.7%	0.11%	-60.9%
BRKB	Sell	Berkshire Hathaway Inc Class Bcl b new	$345,000	-0.3%	2,385	-0.3%	0.11%	-3.6%
EL	Buy	Lauder Estee Cos Inccl a	$319,000	+4.2%	3,607	+7.4%	0.10%	+1.0%
FTV	New	Fortive Corp	$310,000	–	6,100	–	0.10%	–
MACK	Buy	Merrimack Pharmaceuticals Inc	$309,000	+27.7%	48,601	+8.3%	0.10%	+24.4%
AMGN	New	Amgen Inc	$269,000	–	1,611	–	0.08%	–
SCHM	New	Schwab Strategic Trus mid-cap eft	$264,000	–	6,059	–	0.08%	–
CAR	New	AVIS BUDGET GROUP	$260,000	–	7,600	–	0.08%	–
PCAR	Sell	Paccar Inc	$262,000	-7.4%	4,450	-18.3%	0.08%	-9.9%
WMT	Buy	Wal-mart Stores Inc	$254,000	+5.0%	3,517	+6.0%	0.08%	+2.6%
USB	Buy	US Bancorp Del	$256,000	+11.8%	5,973	+5.3%	0.08%	+8.1%
IRDM	Sell	Iridium Communications	$245,000	-9.3%	30,190	-0.8%	0.08%	-11.5%
HTZGQ	New	HERTZ GLOBAL HLDGS INC	$241,000	–	6,000	–	0.08%	–
XPO	New	XPO Logistics Inc	$229,000	–	6,250	–	0.07%	–
DLTR	New	DOLLAR TREE INC	$227,000	–	2,875	–	0.07%	–
WY	Sell	Weyerhaeuser Co	$224,000	+4.7%	7,026	-2.1%	0.07%	+1.4%
HCP	Sell	HCP Inc	$218,000	+3.3%	5,750	-3.4%	0.07%	0.0%
OAK	New	OAKTREE CAPITAL GROUP LLC	$208,000	–	4,900	–	0.06%	–
MCHP	New	Microchip Technology	$205,000	–	3,300	–	0.06%	–
SPLS	New	STAPLES INC	$186,000	–	21,800	–	0.06%	–
CAMP	New	Calamp Corp	$141,000	–	10,090	–	0.04%	–
F	Buy	Ford Mtr Co DEL	$134,000	-2.9%	11,100	+0.9%	0.04%	-6.7%
AFL	Exit	Aflac Inc	$0	–	-2,780	–	-0.06%	–
PPL	Exit	PPL Corp	$0	–	-5,528	–	-0.07%	–
IGSB	Exit	Ishares TR1-3 yr cr bd etf	$0	–	-2,100	–	-0.07%	–
EEP	Exit	Enbridge Energy Partners L P	$0	–	-9,800	–	-0.07%	–
KSS	Exit	Kohls Corporation	$0	–	-6,250	–	-0.08%	–
AME	Exit	Ametek Inc New	$0	–	-5,409	–	-0.08%	–

Q2 2016

			Value		Shares		↓ Weighting
JNJ	New	Johnson & Johnson	$12,818,000	–	105,669	–	4.14%	–
CMCSA	New	Comcast Corp New Cl Acl a	$8,639,000	–	132,515	–	2.79%	–
ABBV	New	Abbvie Inc	$8,474,000	–	136,870	–	2.74%	–
UNP	New	Union Pacific Corp	$7,999,000	–	91,684	–	2.58%	–
	New	Medtronic Inc	$7,985,000	–	92,024	–	2.58%	–
AAPL	New	Apple Inc	$7,831,000	–	81,910	–	2.53%	–
GE	New	General Electric Company	$7,045,000	–	223,786	–	2.28%	–
WBA	New	Walgreens Boots Alliance	$6,811,000	–	81,792	–	2.20%	–
MRK	New	Merck & Co Inc New	$6,480,000	–	112,484	–	2.09%	–
ITC	New	ITC Holdings Corp	$6,469,000	–	138,166	–	2.09%	–
ECL	New	Ecolab Inc	$6,294,000	–	53,065	–	2.03%	–
AWK	New	American Water Works Co Inc	$6,240,000	–	73,843	–	2.02%	–
MCK	New	McKesson Corporation	$6,052,000	–	32,424	–	1.95%	–
AMT	New	American Tower Corp Class	$6,016,000	–	52,957	–	1.94%	–
XOM	New	Exxon Mobil Corporation	$5,898,000	–	62,924	–	1.90%	–
MYL	New	Mylan Labs	$5,858,000	–	135,477	–	1.89%	–
DG	New	Dollar General Corp New	$5,788,000	–	61,572	–	1.87%	–
FLT	New	Fleetcor Technologies Inc	$5,725,000	–	40,000	–	1.85%	–
TMO	New	Thermo Fisher Scientific	$5,413,000	–	36,635	–	1.75%	–
PEP	New	PepsiCo Incorporated	$4,823,000	–	45,529	–	1.56%	–
MDLZ	New	Mondelez Intl Inc Cl Acl a	$4,666,000	–	102,525	–	1.51%	–
VZ	New	Verizon Communications	$4,565,000	–	81,748	–	1.47%	–
SLB	New	Schlumberger Ltd	$4,543,000	–	57,442	–	1.47%	–
NWL	New	Newell Brands Inc	$4,406,000	–	90,705	–	1.42%	–
DHR	New	Danaher Corp Del	$4,408,000	–	43,643	–	1.42%	–
CVS	New	CVS Health	$4,377,000	–	45,713	–	1.41%	–
ESRX	New	Express Scripts Hldg Co	$4,314,000	–	56,913	–	1.39%	–
KO	New	Coca Cola Company	$4,211,000	–	92,904	–	1.36%	–
ZTS	New	Zoetis Inccl a	$4,126,000	–	86,934	–	1.33%	–
MSFT	New	Microsoft Corp	$4,086,000	–	79,853	–	1.32%	–
SERV	New	Servicemaster Global Hldgs I	$3,809,000	–	95,705	–	1.23%	–
NEE	New	Nextera Energy	$3,683,000	–	28,247	–	1.19%	–
HAIN	New	Hain Celestial Group Inc	$3,436,000	–	69,070	–	1.11%	–
CVX	New	Chevron Corporation	$3,338,000	–	31,845	–	1.08%	–
CHKP	New	Check Pt Software Techord	$3,147,000	–	39,500	–	1.02%	–
AXP	New	American Express Company	$3,112,000	–	51,225	–	1.00%	–
PG	New	Procter & Gamble	$2,938,000	–	34,697	–	0.95%	–
GOOGL	New	Alphabet Inc Class Acl a	$2,899,000	–	4,120	–	0.94%	–
SRCL	New	Stericycle Inc	$2,896,000	–	27,815	–	0.94%	–
T	New	AT&T Inc	$2,814,000	–	65,119	–	0.91%	–
IBM	New	Intl Business Machines	$2,783,000	–	18,339	–	0.90%	–
JPM	New	JPMorgan Chase & Co	$2,773,000	–	44,626	–	0.90%	–
SPGI	New	S&P Global Inc	$2,674,000	–	24,927	–	0.86%	–
BCR	New	C R Bard Inc	$2,669,000	–	11,350	–	0.86%	–
PX	New	Praxair Inc	$2,531,000	–	22,516	–	0.82%	–
NYLD	New	NRG Yield Inccl c	$2,497,000	–	160,183	–	0.81%	–
BMY	New	Bristol-Myers Squibb Co	$2,432,000	–	33,065	–	0.78%	–
ET	New	Energy Transfer Equity LP	$2,372,000	–	165,100	–	0.77%	–
CELG	New	Celgene Corp	$2,358,000	–	23,907	–	0.76%	–
PFE	New	Pfizer Incorporated	$2,168,000	–	61,572	–	0.70%	–
ADP	New	Automatic Data Processing	$2,124,000	–	23,125	–	0.69%	–
EMN	New	Eastman Chemical Co	$2,072,000	–	30,521	–	0.67%	–
HON	New	Honeywell International	$1,925,000	–	16,547	–	0.62%	–
EMR	New	Emerson Electric Co	$1,917,000	–	36,751	–	0.62%	–
UTX	New	United Technologies Corp	$1,893,000	–	18,461	–	0.61%	–
HSIC	New	Henry Schein Inc	$1,848,000	–	10,455	–	0.60%	–
MET	New	Metlife Inc	$1,797,000	–	45,121	–	0.58%	–
CB	New	Chubb Limited	$1,621,000	–	12,398	–	0.52%	–
SCHW	New	Charles Schwab & Co.	$1,581,000	–	62,454	–	0.51%	–
PNC	New	PNC Finl Services	$1,494,000	–	18,353	–	0.48%	–
WFC	New	Wells-Fargo & Co	$1,460,000	–	30,843	–	0.47%	–
UPS	New	United Parcel Service Bcl b	$1,445,000	–	13,414	–	0.47%	–
QCOM	New	Qualcomm Inc	$1,412,000	–	26,356	–	0.46%	–
MMP	New	Magellan Midstream Prtnrs LP	$1,313,000	–	17,271	–	0.42%	–
CSCO	New	Cisco Systems Inc	$1,283,000	–	44,716	–	0.41%	–
PM	New	Philip Morris Intl Inc	$1,248,000	–	12,272	–	0.40%	–
MMM	New	3M Company	$1,226,000	–	7,003	–	0.40%	–
INTC	New	Intel Corporation	$1,213,000	–	36,977	–	0.39%	–
MAT	New	Mattel	$1,133,000	–	36,225	–	0.37%	–
IP	New	Intl Paper Co	$1,125,000	–	26,551	–	0.36%	–
BA	New	Boeing Co	$1,109,000	–	8,543	–	0.36%	–
NSC	New	Norfolk Southern Corp	$1,082,000	–	12,707	–	0.35%	–
V	New	Visa Inc Cl A	$1,050,000	–	14,160	–	0.34%	–
CERN	New	Cerner Corp	$1,050,000	–	17,925	–	0.34%	–
BKD	New	Brookdale Senior Living	$1,017,000	–	65,896	–	0.33%	–
NVS	New	Novartis AG Spon ADRspon adr	$1,010,000	–	12,244	–	0.33%	–
ALGN	New	Align Technology Inc	$995,000	–	12,350	–	0.32%	–
BDC	New	Belden Inc	$983,000	–	16,280	–	0.32%	–
D	New	Dominion Res Inc VA New	$962,000	–	12,346	–	0.31%	–
EPD	New	Enterprise Prd Prtnrs LP	$950,000	–	32,483	–	0.31%	–
DD	New	Du Pont E I De Nemour&Co	$938,000	–	14,475	–	0.30%	–
OLED	New	Universal Display Corp.	$908,000	–	13,390	–	0.29%	–
RSG	New	Republic Services Inc Class A	$896,000	–	17,467	–	0.29%	–
ITW	New	Illinois Tool Works Inc	$894,000	–	8,583	–	0.29%	–
COP	New	ConocoPhillips	$896,000	–	20,555	–	0.29%	–
GSK	New	GlaxoSmithKline PLCsponsored adr	$881,000	–	20,328	–	0.28%	–
DUK	New	Duke Energy Corp New	$862,000	–	10,049	–	0.28%	–
ABT	New	Abbott Laboratories	$796,000	–	20,237	–	0.26%	–
BP	New	BP PLC ADRspon adr	$781,000	–	22,000	–	0.25%	–
MO	New	Altria Group Inc	$777,000	–	11,273	–	0.25%	–
LLY	New	Lilly Eli & Company	$768,000	–	9,756	–	0.25%	–
CHD	New	Church & Dwight Co Inc	$756,000	–	7,350	–	0.24%	–
AZN	New	Astrazeneca PLCsponsored adr	$746,000	–	24,726	–	0.24%	–
HSY	New	Hershey Co	$734,000	–	6,470	–	0.24%	–
GOOG	New	Alphabet Inc Class Ccl c	$718,000	–	1,038	–	0.23%	–
CSX	New	CSX Corp	$702,000	–	26,925	–	0.23%	–
HAL	New	Halliburton Co	$686,000	–	15,145	–	0.22%	–
BAC	New	Bank of America Corp	$684,000	–	51,548	–	0.22%	–
SNY	New	Sanofisponsored adr	$672,000	–	16,052	–	0.22%	–
TXN	New	Texas Instruments Inc	$667,000	–	10,650	–	0.22%	–
SEP	New	Spectra Energy Corp	$577,000	–	15,764	–	0.19%	–
GIS	New	General Mills Inc	$546,000	–	7,650	–	0.18%	–
SO	New	The Southern Company	$534,000	–	9,949	–	0.17%	–
SHW	New	Sherwin Williams Co	$529,000	–	1,800	–	0.17%	–
GILD	New	Gilead Science Inc	$526,000	–	6,306	–	0.17%	–
PEG	New	Pub Svc Ent Group Inc	$514,000	–	11,038	–	0.17%	–
HRS	New	Harris Corpnew	$509,000	–	6,100	–	0.16%	–
DOV	New	Dover Corporation	$508,000	–	7,335	–	0.16%	–
WMB	New	Williams Companies	$489,000	–	22,605	–	0.16%	–
DIS	New	Disney Walt Co	$459,000	–	4,688	–	0.15%	–
XLNX	New	Xilinx Inc	$423,000	–	9,175	–	0.14%	–
VOD	New	Vodafone Group PLC Newspnsr adr no par	$415,000	–	13,432	–	0.13%	–
SYK	New	Stryker Corp	$396,000	–	3,301	–	0.13%	–
LOW	New	Lowes Cos Inc	$351,000	–	4,438	–	0.11%	–
BRKB	New	Berkshire Hathaway Inc Class Bcl b new	$346,000	–	2,393	–	0.11%	–
C	New	Citigroup Inc	$339,000	–	8,007	–	0.11%	–
GLW	New	Corning Inc	$317,000	–	15,500	–	0.10%	–
HD	New	Home Depot Inc	$315,000	–	2,470	–	0.10%	–
EL	New	Lauder Estee Cos Inccl a	$306,000	–	3,360	–	0.10%	–
RDSA	New	Royal Dutch Shellspon adr b	$301,000	–	5,451	–	0.10%	–
ADM	New	Archer Daniels Midland Co	$286,000	–	6,664	–	0.09%	–
PCAR	New	Paccar Inc	$283,000	–	5,450	–	0.09%	–
IRDM	New	Iridium Communications	$270,000	–	30,440	–	0.09%	–
SBUX	New	Starbucks Corp	$264,000	–	4,623	–	0.08%	–
AME	New	Ametek Inc New	$250,000	–	5,409	–	0.08%	–
RDSB	New	Royal Dutch Shell PLCspon adr b	$248,000	–	4,425	–	0.08%	–
WMT	New	Wal-mart Stores Inc	$242,000	–	3,317	–	0.08%	–
MACK	New	Merrimack Pharmaceuticals Inc	$242,000	–	44,861	–	0.08%	–
KSS	New	Kohls Corporation	$237,000	–	6,250	–	0.08%	–
USB	New	US Bancorp Del	$229,000	–	5,673	–	0.07%	–
CAT	New	Caterpillar Inc Del	$226,000	–	2,980	–	0.07%	–
EEP	New	Enbridge Energy Partners L P	$227,000	–	9,800	–	0.07%	–
IGSB	New	Ishares TR1-3 yr cr bd etf	$223,000	–	2,100	–	0.07%	–
WY	New	Weyerhaeuser Co	$214,000	–	7,178	–	0.07%	–
HCP	New	HCP Inc	$211,000	–	5,950	–	0.07%	–
PPL	New	PPL Corp	$209,000	–	5,528	–	0.07%	–
AFL	New	Aflac Inc	$201,000	–	2,780	–	0.06%	–
F	New	Ford Mtr Co DEL	$138,000	–	11,000	–	0.04%	–

Q4 2015

			Value		Shares		↓ Weighting
ETRM	Exit	Enteromedics Inc	$0	–	-13,000	–	-0.00%	–
VICL	Exit	Vical Incorporated	$0	–	-17,000	–	-0.00%	–
MACK	Exit	Merrimack Pharmaceuticals Inc	$0	–	-17,700	–	-0.06%	–
CAMP	Exit	CalAmp Corp	$0	–	-11,020	–	-0.07%	–
NMRX	Exit	Numerex Corp Cl A Pacl a	$0	–	-20,670	–	-0.07%	–
IRDM	Exit	Iridium Communications	$0	–	-30,490	–	-0.08%	–
UL	Exit	Unileverspon adr new	$0	–	-5,035	–	-0.08%	–
GLW	Exit	Corning Inc	$0	–	-12,125	–	-0.08%	–
KSS	Exit	Kohls Corporation	$0	–	-4,500	–	-0.08%	–
CL	Exit	Colgate-Palmolive Co	$0	–	-3,410	–	-0.09%	–
NYLDA	Exit	NRG Yield Inccl a new	$0	–	-20,718	–	-0.09%	–
AMGN	Exit	Amgen Incorporated	$0	–	-1,727	–	-0.10%	–
VRTX	Exit	Vertex Pharmaceuticalscon	$0	–	-2,350	–	-0.10%	–
WMT	Exit	Wal-mart Stores Inc	$0	–	-3,900	–	-0.10%	–
BAC	Exit	Bank of America Corp	$0	–	-16,698	–	-0.11%	–
VOD	Exit	Vodafone Group PLC Newspnsr adr no par	$0	–	-8,313	–	-0.11%	–
APC	Exit	Anadarko Petroleum Corp	$0	–	-4,575	–	-0.11%	–
ADM	Exit	Archer Daniels Midland Co	$0	–	-6,864	–	-0.12%	–
HD	Exit	Home Depot Inc	$0	–	-2,470	–	-0.12%	–
SYK	Exit	Stryker Corp	$0	–	-3,101	–	-0.12%	–
RAI	Exit	Reynolds American Inc	$0	–	-6,716	–	-0.12%	–
EEP	Exit	Enbridge Energy Ptns	$0	–	-12,300	–	-0.12%	–
RDSA	Exit	Royal Dutch Shell PLCspon adr a	$0	–	-6,451	–	-0.12%	–
GILD	Exit	Gilead Science Inc	$0	–	-3,126	–	-0.12%	–
SJNK	Exit	SPDR Ser Trsht trm hgh yld	$0	–	-11,600	–	-0.13%	–
BRKB	Exit	Berkshire Hathaway Inc Class Bcl b new	$0	–	-2,451	–	-0.13%	–
DOV	Exit	Dover Corporation	$0	–	-5,785	–	-0.13%	–
C	Exit	Citigroup Inc	$0	–	-6,846	–	-0.14%	–
DIS	Exit	Disney Walt Co	$0	–	-3,349	–	-0.14%	–
XLNX	Exit	Xilinx Inc	$0	–	-8,640	–	-0.15%	–
SHW	Exit	Sherwin Williams Co	$0	–	-1,800	–	-0.16%	–
IP	Exit	Intl Paper Co	$0	–	-11,311	–	-0.17%	–
SEP	Exit	Spectra Energy Corp	$0	–	-16,623	–	-0.18%	–
SO	Exit	The Southern Company	$0	–	-9,949	–	-0.18%	–
HRS	Exit	Harris Corpnew	$0	–	-6,110	–	-0.18%	–
HAL	Exit	Halliburton Co	$0	–	-13,105	–	-0.19%	–
INTC	Exit	Intel Corporation	$0	–	-15,538	–	-0.19%	–
OLED	Exit	Universal Display Corp.	$0	–	-14,530	–	-0.20%	–
TXN	Exit	Texas Instruments Inc	$0	–	-10,783	–	-0.22%	–
V	Exit	Visa Inc Cl A	$0	–	-7,688	–	-0.22%	–
STR	Exit	Questar Corp	$0	–	-27,787	–	-0.22%	–
PEG	Exit	Pub Svc Ent Group Inc	$0	–	-12,842	–	-0.22%	–
QCOM	Exit	Qualcomm Inc	$0	–	-10,221	–	-0.22%	–
PNY	Exit	Piedmont Nat Gas	$0	–	-13,803	–	-0.22%	–
VOO	Exit	Vanguard Index Fds	$0	–	-3,170	–	-0.23%	–
BDC	Exit	Belden Inc	$0	–	-12,145	–	-0.23%	–
GIS	Exit	General Mills Inc	$0	–	-10,350	–	-0.24%	–
MMM	Exit	3M Company	$0	–	-4,236	–	-0.24%	–
CHD	Exit	Church & Dwight Co Inc	$0	–	-7,240	–	-0.25%	–
BP	Exit	BP PLC ADRspon adr	$0	–	-20,030	–	-0.25%	–
EPD	Exit	Enterprise Prd Prtnrs LP	$0	–	-24,483	–	-0.25%	–
GSK	Exit	GlaxoSmithKline PLCspon adr	$0	–	-16,403	–	-0.26%	–
ALGN	Exit	Align Technology Inc	$0	–	-12,675	–	-0.29%	–
ITW	Exit	Illinois Tool Works Inc	$0	–	-8,840	–	-0.30%	–
MO	Exit	Altria Group Inc	$0	–	-13,604	–	-0.30%	–
GOOG	Exit	Google Inc Class Ccl c	$0	–	-1,217	–	-0.30%	–
DUK	Exit	Duke Energy Corp New	$0	–	-10,282	–	-0.30%	–
ABT	Exit	Abbott Laboratories	$0	–	-19,030	–	-0.31%	–
AZN	Exit	Astrazeneca PLCspon adr	$0	–	-24,126	–	-0.31%	–
PFE	Exit	Pfizer Incorporated	$0	–	-25,313	–	-0.32%	–
RSG	Exit	Republic Services Inc Class A	$0	–	-19,750	–	-0.33%	–
DD	Exit	Du Pont E I De Nemour&Co	$0	–	-17,615	–	-0.34%	–
D	Exit	Dominion Res Inc VA New	$0	–	-12,212	–	-0.35%	–
CSX	Exit	CSX Corp	$0	–	-34,950	–	-0.38%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-12,707	–	-0.39%	–
COP	Exit	ConocoPhillips	$0	–	-20,694	–	-0.40%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-12,632	–	-0.41%	–
WFC	Exit	Wells-Fargo & Co	$0	–	-19,922	–	-0.42%	–
LLY	Exit	Lilly Eli & Company	$0	–	-12,362	–	-0.42%	–
MMP	Exit	Magellan Midstream P Lp	$0	–	-17,271	–	-0.42%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-40,894	–	-0.44%	–
BA	Exit	Boeing Co	$0	–	-8,309	–	-0.44%	–
HON	Exit	Honeywell International	$0	–	-11,597	–	-0.45%	–
UPS	Exit	United Parcel Service Bcl b	$0	–	-12,966	–	-0.52%	–
EMR	Exit	Emerson Electric Co	$0	–	-29,154	–	-0.52%	–
BKD	Exit	Brookdale Senior Living	$0	–	-56,376	–	-0.52%	–
MET	Exit	Metlife Inc	$0	–	-28,329	–	-0.54%	–
GOOGL	Exit	Google Inc Class Acl a	$0	–	-2,108	–	-0.55%	–
ET	Exit	Energy Transfer Equity LP	$0	–	-73,900	–	-0.62%	–
NYLD	Exit	NRG Yield Inc	$0	–	-139,968	–	-0.66%	–
PNC	Exit	PNC Finl Services	$0	–	-18,742	–	-0.68%	–
NVS	Exit	Novartis AG Spon ADRspon adr	$0	–	-19,299	–	-0.72%	–
T	Exit	AT&T Inc	$0	–	-55,055	–	-0.73%	–
KO	Exit	Coca Cola Company	$0	–	-44,855	–	-0.73%	–
ADP	Exit	Automatic Data Processing	$0	–	-23,175	–	-0.76%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-32,265	–	-0.78%	–
EMN	Exit	Eastman Chemical Co	$0	–	-29,806	–	-0.78%	–
BCR	Exit	C R Bard Inc	$0	–	-10,975	–	-0.83%	–
CELG	Exit	Celgene Corp	$0	–	-19,056	–	-0.84%	–
SCHW	Exit	Charles Schwab & Co.	$0	–	-72,524	–	-0.84%	–
WMB	Exit	Williams Companies	$0	–	-57,359	–	-0.86%	–
	Exit	McGraw Hill Finl Inc	$0	–	-25,152	–	-0.88%	–
PX	Exit	Praxair Inc	$0	–	-21,508	–	-0.89%	–
HSIC	Exit	Henry Schein Inc	$0	–	-16,864	–	-0.91%	–
PG	Exit	Procter & Gamble	$0	–	-31,824	–	-0.93%	–
NEE	Exit	Nextera Energy	$0	–	-23,865	–	-0.94%	–
CB	Exit	Chubb Corporation	$0	–	-19,378	–	-0.96%	–
IBM	Exit	Intl Business Machines	$0	–	-16,780	–	-0.99%	–
UTX	Exit	United Technologies Corp	$0	–	-27,461	–	-0.99%	–
CVX	Exit	Chevron Corporation	$0	–	-33,934	–	-1.09%	–
MSFT	Exit	Microsoft Corp	$0	–	-61,135	–	-1.10%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-45,198	–	-1.12%	–
AME	Exit	Ametek Inc New	$0	–	-60,719	–	-1.29%	–
VZ	Exit	Verizon Communications	$0	–	-79,481	–	-1.40%	–
DHR	Exit	Danaher Corp Del	$0	–	-41,220	–	-1.43%	–
MYL	Exit	Mylan Labs	$0	–	-92,069	–	-1.50%	–
SLB	Exit	Schlumberger Ltd	$0	–	-53,802	–	-1.51%	–
ZTS	Exit	Zoetis Inccl a	$0	–	-90,654	–	-1.52%	–
CHKP	Exit	Check Pt Software Techord	$0	–	-48,820	–	-1.57%	–
AXP	Exit	American Express Company	$0	–	-53,830	–	-1.62%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-55,128	–	-1.66%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-34,181	–	-1.70%	–
AMT	Exit	American Tower Corp Class	$0	–	-47,633	–	-1.70%	–
MRK	Exit	Merck & Co Inc New	$0	–	-87,892	–	-1.76%	–
PRGO	Exit	Perrigo Co Plc	$0	–	-27,617	–	-1.76%	–
CVS	Exit	CVS Health	$0	–	-45,926	–	-1.80%	–
DG	Exit	Dollar General Corp New	$0	–	-62,362	–	-1.83%	–
PEP	Exit	PepsiCo Incorporated	$0	–	-48,443	–	-1.86%	–
GE	Exit	General Electric Company	$0	–	-187,172	–	-1.92%	–
ESRX	Exit	Express Scripts Inc	$0	–	-58,454	–	-1.92%	–
AAPL	Exit	Apple Inc	$0	–	-46,388	–	-2.08%	–
AWK	Exit	American Water Works Co Inc	$0	–	-99,361	–	-2.22%	–
ECL	Exit	Ecolab Inc	$0	–	-51,428	–	-2.29%	–
MCK	Exit	McKesson Corporation	$0	–	-30,528	–	-2.29%	–
ITC	Exit	ITC Holdings Corp	$0	–	-182,523	–	-2.47%	–
	Exit	Medtronic Inc	$0	–	-92,849	–	-2.52%	–
ABBV	Exit	Abbvie Inc	$0	–	-122,118	–	-2.70%	–
CMCSA	Exit	Comcast Corp New Cl Acl a	$0	–	-120,997	–	-2.79%	–
WBA	Exit	Walgreens Boots Alliance	$0	–	-83,193	–	-2.81%	–
MDLZ	Exit	Mondelez Intl Inc Cl Acl a	$0	–	-165,211	–	-2.81%	–
UNP	Exit	Union Pacific Corp	$0	–	-87,858	–	-3.15%	–
JNJ	Exit	Johnson & Johnson	$0	–	-91,821	–	-3.48%	–

Q3 2015

			Value		Shares		↓ Weighting
JNJ	Sell	Johnson & Johnson	$8,571,000	-4.7%	91,821	-0.5%	3.48%	+10.0%
UNP	Buy	Union Pacific Corp	$7,768,000	-7.0%	87,858	+0.3%	3.15%	+7.3%
MDLZ	Sell	Mondelez Intl Inc Cl Acl a	$6,917,000	+0.3%	165,211	-1.5%	2.81%	+15.7%
WBA	Sell	Walgreens Boots Alliance	$6,913,000	-4.0%	83,193	-2.4%	2.81%	+10.8%
CMCSA	Buy	Comcast Corp New Cl Acl a	$6,882,000	-2.1%	120,997	+3.5%	2.79%	+12.9%
ABBV	Sell	Abbvie Inc	$6,644,000	-19.1%	122,118	-0.1%	2.70%	-6.7%
	Buy	Medtronic Inc	$6,215,000	-7.0%	92,849	+2.9%	2.52%	+7.2%
ITC	Buy	ITC Holdings Corp	$6,085,000	+4.6%	182,523	+1.0%	2.47%	+20.7%
MCK	Buy	McKesson Corporation	$5,649,000	-15.7%	30,528	+2.4%	2.29%	-2.7%
ECL	Sell	Ecolab Inc	$5,643,000	-3.0%	51,428	-0.0%	2.29%	+11.9%
AWK	Buy	American Water Works Co Inc	$5,473,000	+14.3%	99,361	+0.9%	2.22%	+31.9%
AAPL	Sell	Apple Inc	$5,117,000	-18.6%	46,388	-7.5%	2.08%	-6.1%
ESRX	Buy	Express Scripts Inc	$4,732,000	-8.8%	58,454	+0.2%	1.92%	+5.1%
GE	Sell	General Electric Company	$4,720,000	-11.9%	187,172	-7.2%	1.92%	+1.6%
PEP	Buy	PepsiCo Incorporated	$4,568,000	+4.0%	48,443	+2.9%	1.86%	+20.0%
DG	Buy	Dollar General Corp New	$4,518,000	+5.7%	62,362	+13.4%	1.83%	+21.9%
CVS	Sell	CVS Health	$4,431,000	-8.6%	45,926	-0.6%	1.80%	+5.5%
MRK	Buy	Merck & Co Inc New	$4,341,000	-10.4%	87,892	+3.3%	1.76%	+3.4%
AMT	Sell	American Tower Corp Class	$4,191,000	-8.0%	47,633	-2.5%	1.70%	+6.1%
TMO	Sell	Thermo Fisher Scientific	$4,180,000	-6.0%	34,181	-0.3%	1.70%	+8.4%
XOM	Buy	Exxon Mobil Corporation	$4,099,000	-4.4%	55,128	+7.0%	1.66%	+10.3%
AXP	Buy	American Express Company	$3,990,000	+6.7%	53,830	+11.9%	1.62%	+23.1%
CHKP	Buy	Check Pt Software Techord	$3,873,000	-0.2%	48,820	+0.0%	1.57%	+15.2%
ZTS	Buy	Zoetis Inccl a	$3,733,000	-13.7%	90,654	+1.1%	1.52%	-0.4%
SLB	Sell	Schlumberger Ltd	$3,711,000	-24.0%	53,802	-5.1%	1.51%	-12.3%
MYL	Buy	Mylan Labs	$3,707,000	-35.1%	92,069	+9.5%	1.50%	-25.1%
DHR	Buy	Danaher Corp Del	$3,512,000	-0.1%	41,220	+0.4%	1.43%	+15.3%
VZ	Buy	Verizon Communications	$3,458,000	+6.7%	79,481	+14.3%	1.40%	+23.0%
AME	Buy	Ametek Inc New	$3,177,000	-4.2%	60,719	+0.3%	1.29%	+10.4%
JPM	Buy	JPMorgan Chase & Co	$2,756,000	-0.5%	45,198	+10.5%	1.12%	+14.8%
MSFT	Buy	Microsoft Corp	$2,706,000	+13.7%	61,135	+13.4%	1.10%	+31.3%
CVX	Sell	Chevron Corporation	$2,677,000	-24.1%	33,934	-7.1%	1.09%	-12.4%
UTX	Sell	United Technologies Corp	$2,444,000	-32.7%	27,461	-16.1%	0.99%	-22.3%
IBM	Sell	Intl Business Machines	$2,433,000	-19.0%	16,780	-9.1%	0.99%	-6.5%
CB	Sell	Chubb Corporation	$2,377,000	+18.8%	19,378	-7.8%	0.96%	+37.1%
NEE	Buy	Nextera Energy	$2,328,000	+2.7%	23,865	+3.2%	0.94%	+18.4%
PG	Buy	Procter & Gamble	$2,289,000	+4.3%	31,824	+13.5%	0.93%	+20.3%
HSIC	Sell	Henry Schein Inc	$2,238,000	-17.2%	16,864	-11.3%	0.91%	-4.4%
PX	Buy	Praxair Inc	$2,191,000	-12.8%	21,508	+2.4%	0.89%	+0.7%
	Sell	McGraw Hill Finl Inc	$2,176,000	-14.0%	25,152	-0.1%	0.88%	-0.7%
WMB	Buy	Williams Companies	$2,114,000	-34.5%	57,359	+2.0%	0.86%	-24.5%
SCHW	Sell	Charles Schwab & Co.	$2,071,000	-12.7%	72,524	-0.2%	0.84%	+0.7%
CELG	Buy	Celgene Corp	$2,061,000	-6.3%	19,056	+0.3%	0.84%	+8.1%
BCR	Sell	C R Bard Inc	$2,045,000	-6.2%	10,975	-14.1%	0.83%	+8.1%
EMN	Buy	Eastman Chemical Co	$1,929,000	-15.4%	29,806	+6.9%	0.78%	-2.5%
BMY	Buy	Bristol-Myers Squibb Co	$1,910,000	-9.0%	32,265	+2.3%	0.78%	+5.1%
ADP	Sell	Automatic Data Processing	$1,862,000	-4.8%	23,175	-4.9%	0.76%	+9.9%
KO	Sell	Coca Cola Company	$1,800,000	+1.8%	44,855	-0.4%	0.73%	+17.5%
T	Buy	AT&T Inc	$1,794,000	+3.6%	55,055	+13.0%	0.73%	+19.5%
NVS	Buy	Novartis AG Spon ADRspon adr	$1,774,000	-4.4%	19,299	+2.2%	0.72%	+10.3%
PNC	Buy	PNC Finl Services	$1,672,000	-1.5%	18,742	+5.6%	0.68%	+13.7%
NYLD	Buy	NRG Yield Inc	$1,625,000	-41.6%	139,968	+10.2%	0.66%	-32.6%
ET	Buy	Energy Transfer Equity LP	$1,538,000	-42.1%	73,900	+78.6%	0.62%	-33.3%
GOOGL	Buy	Google Inc Class Acl a	$1,346,000	+18.4%	2,108	+0.1%	0.55%	+36.8%
MET	Sell	Metlife Inc	$1,336,000	-33.2%	28,329	-20.7%	0.54%	-23.0%
BKD	Sell	Brookdale Senior Living	$1,294,000	-72.4%	56,376	-58.3%	0.52%	-68.2%
EMR	Sell	Emerson Electric Co	$1,288,000	-23.0%	29,154	-3.4%	0.52%	-11.2%
UPS	Sell	United Parcel Service Bcl b	$1,280,000	+0.9%	12,966	-1.0%	0.52%	+16.3%
HON	Buy	Honeywell International	$1,098,000	+5.6%	11,597	+13.7%	0.45%	+21.9%
BA	Sell	Boeing Co	$1,088,000	-42.0%	8,309	-38.6%	0.44%	-33.0%
CSCO	Buy	Cisco Systems Inc	$1,073,000	-1.5%	40,894	+3.2%	0.44%	+13.8%
MMP	Buy	Magellan Midstream P Lp	$1,038,000	-16.9%	17,271	+1.5%	0.42%	-4.3%
LLY	Buy	Lilly Eli & Company	$1,035,000	+19.4%	12,362	+19.1%	0.42%	+37.7%
WFC	Sell	Wells-Fargo & Co	$1,023,000	-8.9%	19,922	-0.2%	0.42%	+5.1%
PM	Buy	Philip Morris Intl Inc	$1,002,000	+25.7%	12,632	+27.1%	0.41%	+44.8%
COP	Sell	ConocoPhillips	$992,000	-25.9%	20,694	-5.1%	0.40%	-14.4%
NSC	Sell	Norfolk Southern Corp	$971,000	-13.2%	12,707	-0.8%	0.39%	0.0%
CSX	Buy	CSX Corp	$940,000	-14.9%	34,950	+3.2%	0.38%	-1.8%
D	Buy	Dominion Res Inc VA New	$859,000	+7.8%	12,212	+2.5%	0.35%	+24.2%
DD	Sell	Du Pont E I De Nemour&Co	$849,000	-57.6%	17,615	-43.7%	0.34%	-51.1%
RSG	Sell	Republic Services Inc Class A	$814,000	-40.5%	19,750	-43.5%	0.33%	-31.3%
PFE	Sell	Pfizer Incorporated	$795,000	-13.4%	25,313	-7.6%	0.32%	0.0%
AZN	Buy	Astrazeneca PLCspon adr	$768,000	+47.1%	24,126	+194.2%	0.31%	+69.6%
ABT	Buy	Abbott Laboratories	$765,000	-17.6%	19,030	+0.7%	0.31%	-4.9%
GOOG	Sell	Google Inc Class Ccl c	$740,000	+9.3%	1,217	-6.4%	0.30%	+26.1%
DUK	Sell	Duke Energy Corp New	$740,000	0.0%	10,282	-1.9%	0.30%	+15.4%
MO	Buy	Altria Group Inc	$740,000	+105.6%	13,604	+84.6%	0.30%	+136.2%
GSK	Buy	GlaxoSmithKline PLCspon adr	$631,000	+199.1%	16,403	+223.2%	0.26%	+245.9%
BP	Buy	BP PLC ADRspon adr	$612,000	-21.5%	20,030	+2.6%	0.25%	-9.8%
EPD	Sell	Enterprise Prd Prtnrs LP	$610,000	-79.5%	24,483	-75.4%	0.25%	-76.3%
CHD	Buy	Church & Dwight Co Inc	$607,000	+3.9%	7,240	+0.6%	0.25%	+19.4%
MMM	Sell	3M Company	$601,000	-15.9%	4,236	-8.6%	0.24%	-3.2%
GIS	Sell	General Mills Inc	$581,000	-3.0%	10,350	-3.7%	0.24%	+11.8%
BDC	Buy	Belden Inc	$567,000	+77.7%	12,145	+209.0%	0.23%	+105.4%
VOO	New	Vanguard Index Fds	$557,000	–	3,170	–	0.23%	–
QCOM	Sell	Qualcomm Inc	$549,000	-87.1%	10,221	-85.0%	0.22%	-85.1%
PEG	Sell	Pub Svc Ent Group Inc	$541,000	-18.3%	12,842	-23.8%	0.22%	-5.6%
STR	Sell	Questar Corp	$539,000	-29.7%	27,787	-24.2%	0.22%	-18.9%
V	Buy	Visa Inc Cl A	$536,000	+18.3%	7,688	+14.1%	0.22%	+37.1%
TXN	Sell	Texas Instruments Inc	$534,000	-6.8%	10,783	-3.1%	0.22%	+7.4%
INTC	Sell	Intel Corporation	$468,000	-16.3%	15,538	-15.5%	0.19%	-3.6%
HAL	Buy	Halliburton Co	$463,000	+22.8%	13,105	+49.8%	0.19%	+41.4%
SO	Sell	The Southern Company	$445,000	0.0%	9,949	-6.3%	0.18%	+15.3%
SEP	Sell	Spectra Energy Corp	$437,000	-55.2%	16,623	-44.4%	0.18%	-48.4%
IP	Buy	Intl Paper Co	$427,000	+4.7%	11,311	+32.0%	0.17%	+20.1%
XLNX	New	Xilinx Inc	$366,000	–	8,640	–	0.15%	–
DIS	Buy	Disney Walt Co	$342,000	-8.6%	3,349	+2.2%	0.14%	+5.3%
C	New	Citigroup Inc	$340,000	–	6,846	–	0.14%	–
DOV	Buy	Dover Corporation	$331,000	-4.6%	5,785	+16.8%	0.13%	+9.8%
BRKB	Buy	Berkshire Hathaway Inc Class Bcl b new	$320,000	+0.9%	2,451	+5.4%	0.13%	+16.1%
SJNK	Sell	SPDR Ser Trsht trm hgh yld	$313,000	-64.2%	11,600	-61.7%	0.13%	-58.8%
RDSA	Sell	Royal Dutch Shell PLCspon adr a	$306,000	-30.0%	6,451	-15.8%	0.12%	-19.5%
RAI	New	Reynolds American Inc	$297,000	–	6,716	–	0.12%	–
HD	New	Home Depot Inc	$285,000	–	2,470	–	0.12%	–
ADM	Sell	Archer Daniels Midland Co	$285,000	-21.9%	6,864	-9.3%	0.12%	-9.4%
APC	Sell	Anadarko Petroleum Corp	$276,000	-25.8%	4,575	-4.0%	0.11%	-14.5%
VOD	Buy	Vodafone Group PLC Newspnsr adr no par	$264,000	+12.3%	8,313	+28.7%	0.11%	+28.9%
BAC	Buy	Bank of America Corp	$260,000	+2.8%	16,698	+12.5%	0.11%	+19.1%
WMT	Buy	Wal-mart Stores Inc	$253,000	+3.3%	3,900	+13.0%	0.10%	+19.8%
AMGN	Buy	Amgen Incorporated	$239,000	-8.8%	1,727	+1.2%	0.10%	+5.4%
NYLDA	Sell	NRG Yield Inccl a new	$231,000	-88.1%	20,718	-76.5%	0.09%	-86.3%
CL	New	Colgate-Palmolive Co	$216,000	–	3,410	–	0.09%	–
KSS	Buy	Kohls Corporation	$208,000	-21.8%	4,500	+5.9%	0.08%	-10.6%
GLW	New	Corning Inc	$208,000	–	12,125	–	0.08%	–
UL	Buy	Unileverspon adr new	$205,000	-1.4%	5,035	+4.1%	0.08%	+13.7%
IRDM	Buy	Iridium Communications	$188,000	-29.1%	30,490	+4.5%	0.08%	-18.3%
NMRX	Sell	Numerex Corp Cl A Pacl a	$180,000	+1.1%	20,670	-1.0%	0.07%	+15.9%
MACK	Buy	Merrimack Pharmaceuticals Inc	$151,000	-28.4%	17,700	+3.5%	0.06%	-17.6%
ETRM	New	Enteromedics Inc	$3,000	–	13,000	–	0.00%	–
PBCT	Exit	Peoples United Finl	$0	–	-11,958	–	-0.07%	–
LMT	Exit	Lockheed Martin	$0	–	-1,140	–	-0.08%	–
AFL	Exit	Aflac Inc	$0	–	-3,430	–	-0.08%	–
USB	Exit	US Bancorp Del	$0	–	-5,013	–	-0.08%	–
HCP	Exit	HCP Inc	$0	–	-7,050	–	-0.09%	–
PDT	Exit	Hancock John Prem Div Fd	$0	–	-20,000	–	-0.09%	–
BPL	Exit	Buckeye Partners Uts LPunit lp	$0	–	-3,725	–	-0.10%	–
ORCL	Exit	Oracle Corporation	$0	–	-7,157	–	-0.10%	–
XPO	Exit	XPO Logistics Inc	$0	–	-6,370	–	-0.10%	–
KMI	Exit	Kinder Morgan Inc Del	$0	–	-7,763	–	-0.10%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-1,450	–	-0.10%	–
HPQ	Exit	Hewlett-Packard Company	$0	–	-10,031	–	-0.11%	–
OXY	Exit	Occidental Pete Corp	$0	–	-4,082	–	-0.11%	–
XLE	Exit	Energy Select SPDR TRsbi int-energy	$0	–	-4,700	–	-0.12%	–
VAW	Exit	Vanguard World FDSmaterials etf	$0	–	-4,000	–	-0.15%	–

Q2 2015

			Value		Shares		↓ Weighting
JNJ	New	Johnson & Johnson	$8,990,000	–	92,247	–	3.16%	–
UNP	New	Union Pacific Corp	$8,353,000	–	87,588	–	2.94%	–
ABBV	New	Abbvie Inc	$8,213,000	–	122,238	–	2.89%	–
WBA	New	Walgreens Boots Alliance	$7,200,000	–	85,270	–	2.53%	–
CMCSA	New	Comcast Corp New Cl Acl a	$7,028,000	–	116,861	–	2.47%	–
MDLZ	New	Mondelez Intl Inc Cl Acl a	$6,898,000	–	167,661	–	2.43%	–
MCK	New	McKesson Corporation	$6,700,000	–	29,802	–	2.36%	–
	New	Medtronic Inc	$6,686,000	–	90,234	–	2.35%	–
AAPL	New	Apple Inc	$6,288,000	–	50,132	–	2.21%	–
ECL	New	Ecolab Inc	$5,818,000	–	51,453	–	2.05%	–
ITC	New	ITC Holdings Corp	$5,816,000	–	180,726	–	2.05%	–
MYL	New	Mylan Labs	$5,708,000	–	84,114	–	2.01%	–
GE	New	General Electric Company	$5,358,000	–	201,664	–	1.89%	–
ESRX	New	Express Scripts Inc	$5,190,000	–	58,358	–	1.83%	–
PRGO	New	Perrigo Co Plc	$5,104,000	–	27,617	–	1.80%	–
SLB	New	Schlumberger Ltd	$4,885,000	–	56,680	–	1.72%	–
CVS	New	CVS Health	$4,848,000	–	46,226	–	1.71%	–
MRK	New	Merck & Co Inc New	$4,843,000	–	85,067	–	1.70%	–
AWK	New	American Water Works Co Inc	$4,787,000	–	98,445	–	1.68%	–
BKD	New	Brookdale Senior Living	$4,686,000	–	135,051	–	1.65%	–
AMT	New	American Tower Corp Class	$4,557,000	–	48,845	–	1.60%	–
TMO	New	Thermo Fisher Scientific	$4,446,000	–	34,267	–	1.56%	–
PEP	New	PepsiCo Incorporated	$4,393,000	–	47,061	–	1.55%	–
ZTS	New	Zoetis Inccl a	$4,324,000	–	89,673	–	1.52%	–
XOM	New	Exxon Mobil Corporation	$4,288,000	–	51,540	–	1.51%	–
DG	New	Dollar General Corp New	$4,276,000	–	55,007	–	1.50%	–
QCOM	New	Qualcomm Inc	$4,264,000	–	68,087	–	1.50%	–
CHKP	New	Check Pt Software Techord	$3,882,000	–	48,805	–	1.37%	–
AXP	New	American Express Company	$3,739,000	–	48,115	–	1.32%	–
UTX	New	United Technologies Corp	$3,629,000	–	32,712	–	1.28%	–
CVX	New	Chevron Corporation	$3,525,000	–	36,537	–	1.24%	–
DHR	New	Danaher Corp Del	$3,514,000	–	41,054	–	1.24%	–
AME	New	Ametek Inc New	$3,317,000	–	60,543	–	1.17%	–
VZ	New	Verizon Communications	$3,241,000	–	69,541	–	1.14%	–
WMB	New	Williams Companies	$3,229,000	–	56,259	–	1.14%	–
IBM	New	Intl Business Machines	$3,004,000	–	18,465	–	1.06%	–
EPD	New	Enterprise Prd Prtnrs LP	$2,977,000	–	99,583	–	1.05%	–
NYLD	New	NRG Yield Inc	$2,782,000	–	127,068	–	0.98%	–
JPM	New	JPMorgan Chase & Co	$2,771,000	–	40,896	–	0.98%	–
HSIC	New	Henry Schein Inc	$2,702,000	–	19,010	–	0.95%	–
ET	New	Energy Transfer Equity LP	$2,656,000	–	41,384	–	0.94%	–
	New	McGraw Hill Finl Inc	$2,529,000	–	25,177	–	0.89%	–
PX	New	Praxair Inc	$2,512,000	–	21,008	–	0.88%	–
MSFT	New	Microsoft Corp	$2,379,000	–	53,888	–	0.84%	–
SCHW	New	Charles Schwab & Co.	$2,372,000	–	72,635	–	0.84%	–
EMN	New	Eastman Chemical Co	$2,281,000	–	27,876	–	0.80%	–
NEE	New	Nextera Energy	$2,266,000	–	23,116	–	0.80%	–
CELG	New	Celgene Corp	$2,200,000	–	19,006	–	0.77%	–
PG	New	Procter & Gamble	$2,194,000	–	28,040	–	0.77%	–
BCR	New	C R Bard Inc	$2,181,000	–	12,775	–	0.77%	–
BMY	New	Bristol-Myers Squibb Co	$2,098,000	–	31,530	–	0.74%	–
DD	New	Du Pont E I De Nemour&Co	$2,002,000	–	31,307	–	0.70%	–
CB	New	Chubb Corporation	$2,001,000	–	21,028	–	0.70%	–
MET	New	Metlife Inc	$1,999,000	–	35,702	–	0.70%	–
ADP	New	Automatic Data Processing	$1,956,000	–	24,375	–	0.69%	–
NYLDA	New	NRG Yield Inccl a new	$1,942,000	–	88,293	–	0.68%	–
BA	New	Boeing Co	$1,876,000	–	13,526	–	0.66%	–
NVS	New	Novartis AG Spon ADRspon adr	$1,856,000	–	18,875	–	0.65%	–
KO	New	Coca Cola Company	$1,768,000	–	45,055	–	0.62%	–
T	New	AT&T Inc	$1,731,000	–	48,729	–	0.61%	–
PNC	New	PNC Finl Services	$1,697,000	–	17,742	–	0.60%	–
EMR	New	Emerson Electric Co	$1,673,000	–	30,185	–	0.59%	–
RSG	New	Republic Services Inc Class A	$1,369,000	–	34,950	–	0.48%	–
COP	New	ConocoPhillips	$1,339,000	–	21,800	–	0.47%	–
UPS	New	United Parcel Service Bcl b	$1,269,000	–	13,097	–	0.45%	–
MMP	New	Magellan Midstream P Lp	$1,249,000	–	17,021	–	0.44%	–
GOOGL	New	Google Inc Class Acl a	$1,137,000	–	2,106	–	0.40%	–
WFC	New	Wells-Fargo & Co	$1,123,000	–	19,964	–	0.40%	–
NSC	New	Norfolk Southern Corp	$1,119,000	–	12,807	–	0.39%	–
CSX	New	CSX Corp	$1,105,000	–	33,850	–	0.39%	–
CSCO	New	Cisco Systems Inc	$1,089,000	–	39,642	–	0.38%	–
HON	New	Honeywell International	$1,040,000	–	10,197	–	0.37%	–
SEP	New	Spectra Energy Corp	$975,000	–	29,913	–	0.34%	–
ABT	New	Abbott Laboratories	$928,000	–	18,905	–	0.33%	–
PFE	New	Pfizer Incorporated	$918,000	–	27,388	–	0.32%	–
SJNK	New	SPDR Ser Trsht trm hgh yld	$875,000	–	30,250	–	0.31%	–
LLY	New	Lilly Eli & Company	$867,000	–	10,381	–	0.30%	–
ITW	New	Illinois Tool Works Inc	$811,000	–	8,840	–	0.28%	–
D	New	Dominion Res Inc VA New	$797,000	–	11,914	–	0.28%	–
PM	New	Philip Morris Intl Inc	$797,000	–	9,937	–	0.28%	–
ALGN	New	Align Technology Inc	$795,000	–	12,675	–	0.28%	–
BP	New	BP PLC ADRspon adr	$780,000	–	19,530	–	0.28%	–
STR	New	Questar Corp	$767,000	–	36,660	–	0.27%	–
OLED	New	Universal Display Corp.	$752,000	–	14,530	–	0.26%	–
DUK	New	Duke Energy Corp New	$740,000	–	10,481	–	0.26%	–
MMM	New	3M Company	$715,000	–	4,636	–	0.25%	–
GOOG	New	Google Inc Class Ccl c	$677,000	–	1,300	–	0.24%	–
PEG	New	Pub Svc Ent Group Inc	$662,000	–	16,842	–	0.23%	–
GIS	New	General Mills Inc	$599,000	–	10,750	–	0.21%	–
CHD	New	Church & Dwight Co Inc	$584,000	–	7,200	–	0.21%	–
TXN	New	Texas Instruments Inc	$573,000	–	11,133	–	0.20%	–
INTC	New	Intel Corporation	$559,000	–	18,385	–	0.20%	–
AZN	New	Astrazeneca PLCspon adr	$522,000	–	8,200	–	0.18%	–
SHW	New	Sherwin Williams Co	$495,000	–	1,800	–	0.17%	–
PNY	New	Piedmont Nat Gas	$487,000	–	13,803	–	0.17%	–
HRS	New	Harris Corporation	$470,000	–	6,110	–	0.16%	–
V	New	Visa Inc Cl A	$453,000	–	6,740	–	0.16%	–
SO	New	The Southern Company	$445,000	–	10,616	–	0.16%	–
RDSA	New	Royal Dutch Shell PLCspon adr a	$437,000	–	7,663	–	0.15%	–
VAW	New	Vanguard World FDSmaterials etf	$431,000	–	4,000	–	0.15%	–
EEP	New	Enbridge Energy Ptns	$410,000	–	12,300	–	0.14%	–
IP	New	Intl Paper Co	$408,000	–	8,568	–	0.14%	–
HAL	New	Halliburton Co	$377,000	–	8,750	–	0.13%	–
DIS	New	Disney Walt Co	$374,000	–	3,277	–	0.13%	–
APC	New	Anadarko Petroleum Corp	$372,000	–	4,768	–	0.13%	–
GILD	New	Gilead Science Inc	$366,000	–	3,126	–	0.13%	–
ADM	New	Archer Daniels Midland Co	$365,000	–	7,564	–	0.13%	–
MO	New	Altria Group Inc	$360,000	–	7,370	–	0.13%	–
XLE	New	Energy Select SPDR TRsbi int-energy	$353,000	–	4,700	–	0.12%	–
DOV	New	Dover Corporation	$347,000	–	4,951	–	0.12%	–
BDC	New	Belden Inc	$319,000	–	3,930	–	0.11%	–
BRKB	New	Berkshire Hathaway Inccl b new	$317,000	–	2,326	–	0.11%	–
OXY	New	Occidental Pete Corp	$317,000	–	4,082	–	0.11%	–
HPQ	New	Hewlett-Packard Company	$301,000	–	10,031	–	0.11%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$298,000	–	1,450	–	0.10%	–
KMI	New	Kinder Morgan Inc Del	$298,000	–	7,763	–	0.10%	–
SYK	New	Stryker Corp	$296,000	–	3,101	–	0.10%	–
VRTX	New	Vertex Pharmaceuticalscon	$290,000	–	2,350	–	0.10%	–
XPO	New	XPO Logistics Inc	$288,000	–	6,370	–	0.10%	–
ORCL	New	Oracle Corporation	$288,000	–	7,157	–	0.10%	–
BPL	New	Buckeye Partners Uts LPunit lp	$275,000	–	3,725	–	0.10%	–
KSS	New	Kohls Corporation	$266,000	–	4,250	–	0.09%	–
IRDM	New	Iridium Communications	$265,000	–	29,190	–	0.09%	–
PDT	New	Hancock John Prem Div Fd	$262,000	–	20,000	–	0.09%	–
AMGN	New	Amgen Incorporated	$262,000	–	1,707	–	0.09%	–
HCP	New	HCP Inc	$257,000	–	7,050	–	0.09%	–
BAC	New	Bank of America Corp	$253,000	–	14,848	–	0.09%	–
WMT	New	Wal-mart Stores Inc	$245,000	–	3,450	–	0.09%	–
VOD	New	Vodafone Group PLC Newspnsr adr no par	$235,000	–	6,457	–	0.08%	–
USB	New	US Bancorp Del	$218,000	–	5,013	–	0.08%	–
LMT	New	Lockheed Martin	$212,000	–	1,140	–	0.08%	–
AFL	New	Aflac Inc	$213,000	–	3,430	–	0.08%	–
MACK	New	Merrimack Pharmaceuticals Inc	$211,000	–	17,100	–	0.07%	–
GSK	New	GlaxoSmithKline PLCspon adr	$211,000	–	5,075	–	0.07%	–
UL	New	Unileverspon adr new	$208,000	–	4,835	–	0.07%	–
CAMP	New	CalAmp Corp	$201,000	–	11,020	–	0.07%	–
PBCT	New	Peoples United Finl	$194,000	–	11,958	–	0.07%	–
NMRX	New	Numerex Corp Cl A Pacl a	$178,000	–	20,870	–	0.06%	–
VICL	New	Vical Incorporated	$12,000	–	17,000	–	0.00%	–

Q4 2014

			Value		Shares		↓ Weighting
VICL	Exit	Vical Incorporated	$0	–	-15,000	–	-0.01%	–
CL	Exit	Colgate Palmolive Co	$0	–	-3,090	–	-0.08%	–
SBUX	Exit	Starbucks Corp	$0	–	-2,675	–	-0.08%	–
	Exit	Berkshire Hathaway Inc Delcl b	$0	–	-1,550	–	-0.09%	–
	Exit	Siemens A G New Ordspon adr	$0	–	-1,800	–	-0.09%	–
NMRX	Exit	Numerex Corpcl a	$0	–	-21,345	–	-0.09%	–
XPO	Exit	XPO Logistics Inc	$0	–	-6,265	–	-0.10%	–
BAC	Exit	Bank of America Corp	$0	–	-13,948	–	-0.10%	–
IRDM	Exit	Iridium Communications	$0	–	-28,440	–	-0.11%	–
ORCL	Exit	Oracle Corporation	$0	–	-6,965	–	-0.11%	–
BPL	Exit	Buckeye Partners LPunit lp	$0	–	-3,825	–	-0.13%	–
HPQ	Exit	Hewlett-Packard Company	$0	–	-8,831	–	-0.13%	–
USB	Exit	US Bancorp Del	$0	–	-7,521	–	-0.13%	–
V	Exit	Visa Inc	$0	–	-1,505	–	-0.14%	–
VRTX	Exit	Vertex Pharmaceuticalscon	$0	–	-2,900	–	-0.14%	–
TIF	Exit	Tiffany & Co New	$0	–	-3,890	–	-0.16%	–
GD	Exit	General Dynamics Corp	$0	–	-3,040	–	-0.16%	–
SHW	Exit	Sherwin Williams Co	$0	–	-1,800	–	-0.17%	–
HRS	Exit	Harris Corporation	$0	–	-6,110	–	-0.17%	–
SWN	Exit	Southwestern Energy Co	$0	–	-11,950	–	-0.18%	–
CHD	Exit	Church & Dwight Inc	$0	–	-7,200	–	-0.21%	–
QEP	Exit	QEP Resources Inc	$0	–	-16,600	–	-0.22%	–
CMI	Exit	Cummins Inc	$0	–	-4,000	–	-0.22%	–
INTC	Exit	Intel Corporation	$0	–	-15,460	–	-0.23%	–
PSX	Exit	Phillips 66	$0	–	-6,888	–	-0.24%	–
DVN	Exit	Devon Energy Corp New	$0	–	-8,483	–	-0.24%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-7,125	–	-0.25%	–
PFE	Exit	Pfizer Incorporated	$0	–	-21,914	–	-0.27%	–
PNY	Exit	Piedmont Nat Gas Inc	$0	–	-19,703	–	-0.28%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-27,130	–	-0.29%	–
GOOG	Exit	Google Inccl c	$0	–	-1,198	–	-0.29%	–
SO	Exit	The Southern Company	$0	–	-15,884	–	-0.29%	–
D	Exit	Dominion Res Inc Va New	$0	–	-10,342	–	-0.30%	–
MMM	Exit	3M Company	$0	–	-5,340	–	-0.32%	–
ITW	Exit	Illinois Tool Works Inc	$0	–	-9,340	–	-0.33%	–
OLED	Exit	Universal Display Corp.	$0	–	-24,280	–	-0.33%	–
ADM	Exit	Archer Daniels Midland Co	$0	–	-15,947	–	-0.34%	–
ABBV	Exit	Abbvie Inc	$0	–	-14,304	–	-0.35%	–
WFC	Exit	Wells-Fargo & Co	$0	–	-16,027	–	-0.35%	–
GIS	Exit	General Mills Inc	$0	–	-16,600	–	-0.35%	–
ABT	Exit	Abbott Laboratories	$0	–	-20,220	–	-0.35%	–
BP	Exit	BP PLCspon adr	$0	–	-19,274	–	-0.36%	–
ALGN	Exit	Align Technology Inc	$0	–	-16,900	–	-0.37%	–
PEG	Exit	Pub Svc Ent Group Inc	$0	–	-23,728	–	-0.37%	–
APC	Exit	Anadarko Petroleum Corp	$0	–	-8,748	–	-0.37%	–
HON	Exit	Honeywell International	$0	–	-10,450	–	-0.41%	–
SYK	Exit	Stryker Corp	$0	–	-12,967	–	-0.44%	–
TXN	Exit	Texas Instruments Inc	$0	–	-22,452	–	-0.45%	–
GOOGL	Exit	Google Inccl a	$0	–	-1,845	–	-0.46%	–
CSX	Exit	CSX Corp	$0	–	-35,050	–	-0.47%	–
RSG	Exit	Republic Services Inc	$0	–	-33,350	–	-0.55%	–
BMY	Exit	Bristol Myers Squibb Co	$0	–	-26,400	–	-0.57%	–
MET	Exit	Metlife Inc	$0	–	-26,681	–	-0.60%	–
PNC	Exit	PNC Finl Services	$0	–	-17,189	–	-0.62%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-14,181	–	-0.66%	–
STR	Exit	Questar Corp	$0	–	-71,010	–	-0.66%	–
EMR	Exit	Emerson Electric Co	$0	–	-25,920	–	-0.68%	–
HCP	Exit	HCP Inc	$0	–	-41,350	–	-0.69%	–
SEP	Exit	Spectra Energy Corp	$0	–	-41,939	–	-0.69%	–
BCR	Exit	Bard C R Inc	$0	–	-12,276	–	-0.74%	–
CELG	Exit	Celgene Corp	$0	–	-18,586	–	-0.74%	–
UPS	Exit	United Parcel Servicecl b	$0	–	-18,516	–	-0.76%	–
T	Exit	AT&T Inc	$0	–	-52,642	–	-0.78%	–
NEE	Exit	Nextera Energy	$0	–	-19,974	–	-0.79%	–
DUK	Exit	Duke Energy Corp New	$0	–	-25,354	–	-0.80%	–
NVS	Exit	Novartis AGspon adr	$0	–	-20,515	–	-0.81%	–
COP	Exit	ConocoPhillips	$0	–	-25,267	–	-0.81%	–
ADP	Exit	Automatic Data Processing	$0	–	-24,530	–	-0.86%	–
SCHW	Exit	Charles Schwab & Co.	$0	–	-69,930	–	-0.86%	–
WMB	Exit	Williams Companies	$0	–	-37,225	–	-0.87%	–
BA	Exit	Boeing Co	$0	–	-16,434	–	-0.88%	–
CB	Exit	Chubb Corporation	$0	–	-23,265	–	-0.89%	–
	Exit	McGraw Hill Finl Inc	$0	–	-26,677	–	-0.95%	–
HSIC	Exit	Henry Schein Inc	$0	–	-19,634	–	-0.96%	–
EMN	Exit	Eastman Chemical Co	$0	–	-28,269	–	-0.96%	–
PG	Exit	Procter & Gamble	$0	–	-28,057	–	-0.99%	–
MSFT	Exit	Microsoft Corp	$0	–	-52,128	–	-1.02%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-40,789	–	-1.03%	–
ET	Exit	Energy Transfer Equity LP	$0	–	-40,084	–	-1.04%	–
PX	Exit	Praxair Inc	$0	–	-19,899	–	-1.08%	–
DD	Exit	Du Pont E I De Nemours & Co	$0	–	-36,998	–	-1.12%	–
DHR	Exit	Danaher Corp Del	$0	–	-35,345	–	-1.13%	–
KO	Exit	Coca Cola Company	$0	–	-63,062	–	-1.13%	–
AME	Exit	Ametek Inc New	$0	–	-54,968	–	-1.16%	–
UTX	Exit	United Technologies Corp	$0	–	-27,759	–	-1.23%	–
DG	Exit	Dollar General Corp New	$0	–	-48,610	–	-1.25%	–
CHKP	Exit	Check Pt Software Tech LTord	$0	–	-45,990	–	-1.34%	–
ZTS	Exit	Zoetis Inccl a	$0	–	-87,030	–	-1.35%	–
MDLZ	Exit	Mondelez Intl Inccl a	$0	–	-95,409	–	-1.37%	–
TMO	Exit	Thermo Fisher Scientific	$0	–	-27,222	–	-1.39%	–
CVS	Exit	CVS Caremark Corp	$0	–	-43,065	–	-1.44%	–
IBM	Exit	Intl Business Machines	$0	–	-19,015	–	-1.52%	–
EPD	Exit	Enterprise Prd Prtnrs LP	$0	–	-90,350	–	-1.53%	–
MYL	Exit	Mylan Labs	$0	–	-80,720	–	-1.54%	–
AMT	Exit	American Tower Corp New	$0	–	-42,034	–	-1.65%	–
ESRX	Exit	Express Scripts Inc	$0	–	-56,057	–	-1.66%	–
PEP	Exit	PepsiCo Incorporated	$0	–	-42,583	–	-1.67%	–
VZ	Exit	Verizon Communications	$0	–	-85,154	–	-1.79%	–
QCOM	Exit	Qualcomm Inc	$0	–	-59,463	–	-1.87%	–
CVX	Exit	Chevron Corp NEW	$0	–	-38,883	–	-1.95%	–
AWK	Exit	American Wtr Wks Co Inc New	$0	–	-98,675	–	-2.00%	–
AAPL	Exit	Apple Inc	$0	–	-47,466	–	-2.01%	–
MRK	Exit	Merck & Co Inc New	$0	–	-83,988	–	-2.09%	–
GE	Exit	General Electric Company	$0	–	-195,260	–	-2.10%	–
WAG	Exit	Walgreen Company	$0	–	-85,350	–	-2.13%	–
ECL	Exit	Ecolab Inc	$0	–	-44,754	–	-2.16%	–
	Exit	Medtronic Inc	$0	–	-85,545	–	-2.23%	–
ITC	Exit	ITC Holdings Corp	$0	–	-151,070	–	-2.26%	–
SLB	Exit	Schlumberger Ltd	$0	–	-53,383	–	-2.28%	–
MCK	Exit	McKesson Corporation	$0	–	-30,252	–	-2.48%	–
CMCSA	Exit	Comcast Corp Newcl a	$0	–	-111,060	–	-2.51%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-63,834	–	-2.52%	–
UNP	Exit	Union Pacific Corp	$0	–	-83,820	–	-3.82%	–
JNJ	Exit	Johnson & Johnson	$0	–	-86,133	–	-3.86%	–

Q3 2014

			Value		Shares		↓ Weighting
JNJ	Buy	Johnson & Johnson	$9,181,000	+3.6%	86,133	+1.7%	3.86%	+1.6%
UNP	Sell	Union Pacific Corp	$9,088,000	+7.9%	83,820	-0.7%	3.82%	+5.8%
XOM	Sell	Exxon Mobil Corporation	$6,004,000	-6.9%	63,834	-0.4%	2.52%	-8.7%
CMCSA	Buy	Comcast Corp Newcl a	$5,973,000	+14.0%	111,060	+13.8%	2.51%	+11.7%
MCK	Buy	McKesson Corporation	$5,889,000	+8.8%	30,252	+4.1%	2.48%	+6.7%
SLB	Buy	Schlumberger Ltd	$5,429,000	-0.1%	53,383	+15.9%	2.28%	-2.0%
ITC	Buy	ITC Holdings Corp	$5,383,000	+1.3%	151,070	+3.7%	2.26%	-0.7%
	Buy	Medtronic Inc	$5,300,000	+158.4%	85,545	+166.0%	2.23%	+153.5%
WAG	Buy	Walgreen Company	$5,059,000	-11.2%	85,350	+11.0%	2.13%	-13.0%
GE	Buy	General Electric Company	$5,003,000	-2.3%	195,260	+0.2%	2.10%	-4.2%
MRK	Sell	Merck & Co Inc New	$4,979,000	-0.9%	83,988	-3.3%	2.09%	-2.9%
AAPL	Buy	Apple Inc	$4,782,000	+13.0%	47,466	+4.2%	2.01%	+10.7%
AWK	Buy	American Wtr Wks Co Inc New	$4,759,000	+0.1%	98,675	+2.6%	2.00%	-1.9%
CVX	Sell	Chevron Corp NEW	$4,640,000	-9.7%	38,883	-1.2%	1.95%	-11.5%
QCOM	Buy	Qualcomm Inc	$4,446,000	+6.1%	59,463	+12.4%	1.87%	+4.0%
VZ	Buy	Verizon Communications	$4,257,000	+6.1%	85,154	+3.8%	1.79%	+4.0%
PEP	Buy	PepsiCo Incorporated	$3,964,000	+10.6%	42,583	+6.1%	1.67%	+8.4%
ESRX	Buy	Express Scripts Inc	$3,959,000	+28.9%	56,057	+26.5%	1.66%	+26.3%
AMT	Buy	American Tower Corp New	$3,936,000	+5.7%	42,034	+1.6%	1.65%	+3.6%
MYL	Buy	Mylan Labs	$3,672,000	+93.9%	80,720	+119.8%	1.54%	+90.0%
EPD	Buy	Enterprise Prd Prtnrs LP	$3,641,000	+6.5%	90,350	+106.9%	1.53%	+4.4%
IBM	Sell	Intl Business Machines	$3,610,000	+3.6%	19,015	-1.0%	1.52%	+1.6%
CVS	Buy	CVS Caremark Corp	$3,428,000	+12.6%	43,065	+6.6%	1.44%	+10.3%
TMO	Buy	Thermo Fisher Scientific	$3,313,000	+17.6%	27,222	+14.0%	1.39%	+15.2%
MDLZ	Buy	Mondelez Intl Inccl a	$3,269,000	-2.9%	95,409	+6.6%	1.37%	-4.8%
ZTS	Buy	Zoetis Inccl a	$3,216,000	+19.7%	87,030	+4.6%	1.35%	+17.4%
CHKP	Buy	Check Pt Software Tech LTord	$3,184,000	+12.4%	45,990	+8.8%	1.34%	+10.1%
DG	Buy	Dollar General Corp New	$2,971,000	+8.6%	48,610	+2.0%	1.25%	+6.5%
UTX	Buy	United Technologies Corp	$2,931,000	+94.9%	27,759	+113.1%	1.23%	+91.0%
AME	Buy	Ametek Inc New	$2,760,000	-1.1%	54,968	+2.9%	1.16%	-3.1%
DHR	Buy	Danaher Corp Del	$2,686,000	+0.9%	35,345	+4.6%	1.13%	-1.1%
DD	Buy	Du Pont E I De Nemours & Co	$2,655,000	+13.7%	36,998	+3.6%	1.12%	+11.4%
PX	Sell	Praxair Inc	$2,567,000	-2.9%	19,899	-0.0%	1.08%	-4.8%
ET	Sell	Energy Transfer Equity LP	$2,473,000	-4.8%	40,084	-9.1%	1.04%	-6.7%
JPM	Sell	JPMorgan Chase & Co	$2,457,000	+3.3%	40,789	-1.2%	1.03%	+1.3%
MSFT	Buy	Microsoft Corp	$2,417,000	+20.2%	52,128	+8.1%	1.02%	+17.9%
PG	Buy	Procter & Gamble	$2,349,000	+8.1%	28,057	+1.5%	0.99%	+6.0%
EMN	Sell	Eastman Chemical Co	$2,287,000	-8.3%	28,269	-1.0%	0.96%	-10.1%
HSIC	Buy	Henry Schein Inc	$2,287,000	+2.0%	19,634	+3.9%	0.96%	0.0%
CB	Sell	Chubb Corporation	$2,119,000	-2.2%	23,265	-1.1%	0.89%	-4.1%
BA	Sell	Boeing Co	$2,093,000	-36.5%	16,434	-36.6%	0.88%	-37.8%
WMB	Sell	Williams Companies	$2,060,000	-5.2%	37,225	-0.3%	0.87%	-7.1%
SCHW	Buy	Charles Schwab & Co.	$2,055,000	+16.9%	69,930	+7.1%	0.86%	+14.6%
ADP	Buy	Automatic Data Processing	$2,038,000	+5.7%	24,530	+0.8%	0.86%	+3.6%
NVS	Buy	Novartis AGspon adr	$1,931,000	+20.5%	20,515	+15.9%	0.81%	+18.2%
DUK	Sell	Duke Energy Corp New	$1,896,000	-2.7%	25,354	-3.5%	0.80%	-4.7%
T	Sell	AT&T Inc	$1,855,000	-0.9%	52,642	-0.6%	0.78%	-2.9%
UPS	Buy	United Parcel Servicecl b	$1,820,000	-1.9%	18,516	+2.5%	0.76%	-3.8%
CELG	Buy	Celgene Corp	$1,762,000	+15.3%	18,586	+4.4%	0.74%	+13.1%
BCR	Sell	Bard C R Inc	$1,752,000	-1.4%	12,276	-1.2%	0.74%	-3.4%
SEP	Sell	Spectra Energy Corp	$1,647,000	-23.8%	41,939	-17.5%	0.69%	-25.3%
HCP	Sell	HCP Inc	$1,642,000	-11.6%	41,350	-7.9%	0.69%	-13.4%
EMR	Sell	Emerson Electric Co	$1,622,000	-8.5%	25,920	-3.0%	0.68%	-10.3%
STR	Buy	Questar Corp	$1,583,000	-3.0%	71,010	+7.9%	0.66%	-5.0%
PNC	Buy	PNC Finl Services	$1,471,000	-3.6%	17,189	+0.3%	0.62%	-5.5%
MET	Buy	Metlife Inc	$1,433,000	-2.3%	26,681	+1.0%	0.60%	-4.3%
BMY	Buy	Bristol Myers Squibb Co	$1,351,000	+12.5%	26,400	+6.7%	0.57%	+10.3%
RSG	Sell	Republic Services Inc	$1,301,000	-4.4%	33,350	-7.0%	0.55%	-6.3%
CSX	Buy	CSX Corp	$1,124,000	+4.4%	35,050	+0.3%	0.47%	+2.2%
GOOGL	Buy	Google Inccl a	$1,086,000	+14.8%	1,845	+14.0%	0.46%	+12.3%
TXN	Sell	Texas Instruments Inc	$1,071,000	-7.5%	22,452	-7.3%	0.45%	-9.3%
HON	Sell	Honeywell International	$973,000	-5.3%	10,450	-5.4%	0.41%	-7.0%
ABT	Sell	Abbott Laboratories	$841,000	-28.1%	20,220	-29.2%	0.35%	-29.5%
GIS	Sell	General Mills Inc	$837,000	-8.6%	16,600	-4.8%	0.35%	-10.4%
WFC	Sell	Wells-Fargo & Co	$831,000	-6.0%	16,027	-4.8%	0.35%	-7.9%
ABBV	Sell	Abbvie Inc	$826,000	-16.1%	14,304	-18.0%	0.35%	-17.8%
OLED	Buy	Universal Display Corp.	$792,000	+16.3%	24,280	+14.4%	0.33%	+14.0%
ITW	Sell	Illinois Tool Works Inc	$788,000	-6.6%	9,340	-3.1%	0.33%	-8.6%
D	Sell	Dominion Res Inc Va New	$715,000	-10.3%	10,342	-7.2%	0.30%	-12.0%
SO	Sell	The Southern Company	$693,000	-9.1%	15,884	-5.4%	0.29%	-11.0%
GOOG	Buy	Google Inccl c	$692,000	+3.7%	1,198	+3.4%	0.29%	+1.7%
CSCO	Sell	Cisco Systems Inc	$683,000	-5.0%	27,130	-6.2%	0.29%	-6.8%
PNY	Sell	Piedmont Nat Gas Inc	$661,000	-18.9%	19,703	-9.5%	0.28%	-20.3%
PM	Sell	Philip Morris Intl Inc	$594,000	-3.3%	7,125	-2.2%	0.25%	-4.9%
DVN	Buy	Devon Energy Corp New	$578,000	-8.8%	8,483	+6.3%	0.24%	-10.7%
PSX	Sell	Phillips 66	$560,000	-5.9%	6,888	-7.0%	0.24%	-7.8%
INTC	Sell	Intel Corporation	$538,000	-54.9%	15,460	-60.0%	0.23%	-55.9%
CMI	Sell	Cummins Inc	$528,000	-16.6%	4,000	-2.4%	0.22%	-18.1%
QEP	Sell	QEP Resources Inc	$511,000	-14.8%	16,600	-4.6%	0.22%	-16.3%
SWN	Sell	Southwestern Energy Co	$418,000	-26.5%	11,950	-4.4%	0.18%	-27.9%
HRS	Sell	Harris Corporation	$406,000	-15.1%	6,110	-3.2%	0.17%	-16.6%
GD	Sell	General Dynamics Corp	$386,000	-3.7%	3,040	-11.6%	0.16%	-5.8%
TIF	Sell	Tiffany & Co New	$375,000	-5.3%	3,890	-1.6%	0.16%	-7.1%
BPL	Buy	Buckeye Partners LPunit lp	$305,000	+29.8%	3,825	+35.4%	0.13%	+26.7%
IRDM	Buy	Iridium Communications	$252,000	+44.0%	28,440	+37.4%	0.11%	+41.3%
BAC	Sell	Bank of America Corp	$238,000	+1.7%	13,948	-8.2%	0.10%	0.0%
XPO	New	XPO Logistics Inc	$236,000	–	6,265	–	0.10%	–
NMRX	Buy	Numerex Corpcl a	$224,000	+5.7%	21,345	+15.7%	0.09%	+3.3%
	New	Berkshire Hathaway Inc Delcl b	$214,000	–	1,550	–	0.09%	–
CL	Sell	Colgate Palmolive Co	$202,000	-12.6%	3,090	-8.8%	0.08%	-14.1%
SBUX	Sell	Starbucks Corp	$202,000	-12.2%	2,675	-10.1%	0.08%	-14.1%
AFL	Exit	Aflac Inc	$0	–	-3,300	–	-0.09%	–
CLX	Exit	Clorox Co Del	$0	–	-2,300	–	-0.09%	–
F	Exit	Ford Mtr Co Del	$0	–	-13,076	–	-0.10%	–
IMAX	Exit	Imax Corp	$0	–	-7,915	–	-0.10%	–
MCD	Exit	McDonalds Corp	$0	–	-2,975	–	-0.13%	–
CAT	Exit	Caterpillar Inc Del	$0	–	-2,980	–	-0.14%	–
DIS	Exit	Disney Walt Co	$0	–	-7,282	–	-0.27%	–
AGN	Exit	Allergan Inc	$0	–	-4,975	–	-0.36%	–
FMC	Exit	FMC Corp New	$0	–	-19,600	–	-0.60%	–

Q2 2014

			Value		Shares		↓ Weighting
JNJ	New	Johnson & Johnson	$8,860,000	–	84,683	–	3.80%	–
UNP	New	Union Pacific Corp	$8,421,000	–	84,420	–	3.61%	–
XOM	New	Exxon Mobil Corporation	$6,450,000	–	64,066	–	2.76%	–
WAG	New	Walgreen Company	$5,699,000	–	76,880	–	2.44%	–
SLB	New	Schlumberger Ltd	$5,433,000	–	46,058	–	2.33%	–
MCK	New	McKesson Corporation	$5,411,000	–	29,057	–	2.32%	–
ITC	New	ITC Holdings Corp	$5,315,000	–	145,684	–	2.28%	–
CMCSA	New	Comcast Corp Newcl a	$5,241,000	–	97,635	–	2.25%	–
CVX	New	Chevron Corp NEW	$5,139,000	–	39,365	–	2.20%	–
GE	New	General Electric Company	$5,120,000	–	194,810	–	2.20%	–
MRK	New	Merck & Co Inc New	$5,026,000	–	86,888	–	2.16%	–
ECL	New	Ecolab Inc	$4,983,000	–	44,754	–	2.14%	–
AWK	New	American Wtr Wks Co Inc New	$4,756,000	–	96,175	–	2.04%	–
AAPL	New	Apple Inc	$4,233,000	–	45,548	–	1.82%	–
QCOM	New	Qualcomm Inc	$4,191,000	–	52,913	–	1.80%	–
VZ	New	Verizon Communications	$4,012,000	–	82,004	–	1.72%	–
AMT	New	American Tower Corp New	$3,724,000	–	41,384	–	1.60%	–
PEP	New	PepsiCo Incorporated	$3,585,000	–	40,133	–	1.54%	–
IBM	New	Intl Business Machines	$3,483,000	–	19,215	–	1.49%	–
EPD	New	Enterprise Prd Prtnrs LP	$3,419,000	–	43,675	–	1.47%	–
MDLZ	New	Mondelez Intl Inccl a	$3,365,000	–	89,479	–	1.44%	–
BA	New	Boeing Co	$3,298,000	–	25,922	–	1.41%	–
ESRX	New	Express Scripts Inc	$3,072,000	–	44,313	–	1.32%	–
CVS	New	CVS Caremark Corp	$3,045,000	–	40,395	–	1.31%	–
CHKP	New	Check Pt Software Tech LTord	$2,833,000	–	42,260	–	1.22%	–
TMO	New	Thermo Fisher Scientific	$2,818,000	–	23,879	–	1.21%	–
AME	New	Ametek Inc New	$2,792,000	–	53,403	–	1.20%	–
DG	New	Dollar General Corp New	$2,735,000	–	47,675	–	1.17%	–
ZTS	New	Zoetis Inccl a	$2,686,000	–	83,230	–	1.15%	–
KO	New	Coca Cola Company	$2,671,000	–	63,062	–	1.14%	–
DHR	New	Danaher Corp Del	$2,661,000	–	33,800	–	1.14%	–
PX	New	Praxair Inc	$2,643,000	–	19,900	–	1.13%	–
ET	New	Energy Transfer Equity LP	$2,599,000	–	44,100	–	1.11%	–
EMN	New	Eastman Chemical Co	$2,493,000	–	28,544	–	1.07%	–
JPM	New	JPMorgan Chase & Co	$2,379,000	–	41,287	–	1.02%	–
DD	New	Du Pont E I De Nemours & Co	$2,336,000	–	35,698	–	1.00%	–
HSIC	New	Henry Schein Inc	$2,242,000	–	18,896	–	0.96%	–
	New	McGraw Hill Finl Inc	$2,215,000	–	26,677	–	0.95%	–
WMB	New	Williams Companies	$2,173,000	–	37,325	–	0.93%	–
PG	New	Procter & Gamble	$2,172,000	–	27,632	–	0.93%	–
CB	New	Chubb Corporation	$2,167,000	–	23,515	–	0.93%	–
COP	New	ConocoPhillips	$2,166,000	–	25,267	–	0.93%	–
SEP	New	Spectra Energy Corp	$2,160,000	–	50,839	–	0.93%	–
	New	Medtronic Inc	$2,051,000	–	32,165	–	0.88%	–
NEE	New	Nextera Energy	$2,047,000	–	19,974	–	0.88%	–
MSFT	New	Microsoft Corp	$2,011,000	–	48,228	–	0.86%	–
DUK	New	Duke Energy Corp New	$1,949,000	–	26,266	–	0.84%	–
ADP	New	Automatic Data Processing	$1,929,000	–	24,330	–	0.83%	–
MYL	New	Mylan Labs	$1,894,000	–	36,725	–	0.81%	–
T	New	AT&T Inc	$1,872,000	–	52,942	–	0.80%	–
HCP	New	HCP Inc	$1,858,000	–	44,900	–	0.80%	–
UPS	New	United Parcel Servicecl b	$1,855,000	–	18,066	–	0.80%	–
BCR	New	Bard C R Inc	$1,777,000	–	12,426	–	0.76%	–
EMR	New	Emerson Electric Co	$1,772,000	–	26,710	–	0.76%	–
SCHW	New	Charles Schwab & Co.	$1,758,000	–	65,280	–	0.75%	–
STR	New	Questar Corp	$1,632,000	–	65,810	–	0.70%	–
NVS	New	Novartis AGspon adr	$1,603,000	–	17,705	–	0.69%	–
CELG	New	Celgene Corp	$1,528,000	–	17,796	–	0.66%	–
PNC	New	PNC Finl Services	$1,526,000	–	17,140	–	0.65%	–
UTX	New	United Technologies Corp	$1,504,000	–	13,029	–	0.64%	–
MET	New	Metlife Inc	$1,467,000	–	26,406	–	0.63%	–
NSC	New	Norfolk Southern Corp	$1,461,000	–	14,181	–	0.63%	–
FMC	New	FMC Corp New	$1,395,000	–	19,600	–	0.60%	–
RSG	New	Republic Services Inc	$1,361,000	–	35,850	–	0.58%	–
BMY	New	Bristol Myers Squibb Co	$1,201,000	–	24,750	–	0.52%	–
INTC	New	Intel Corporation	$1,194,000	–	38,628	–	0.51%	–
ABT	New	Abbott Laboratories	$1,169,000	–	28,572	–	0.50%	–
TXN	New	Texas Instruments Inc	$1,158,000	–	24,224	–	0.50%	–
SYK	New	Stryker Corp	$1,093,000	–	12,967	–	0.47%	–
CSX	New	CSX Corp	$1,077,000	–	34,950	–	0.46%	–
HON	New	Honeywell International	$1,027,000	–	11,050	–	0.44%	–
BP	New	BP PLCspon adr	$1,017,000	–	19,274	–	0.44%	–
ABBV	New	Abbvie Inc	$984,000	–	17,440	–	0.42%	–
PEG	New	Pub Svc Ent Group Inc	$968,000	–	23,728	–	0.42%	–
APC	New	Anadarko Petroleum Corp	$958,000	–	8,748	–	0.41%	–
ALGN	New	Align Technology Inc	$947,000	–	16,900	–	0.41%	–
GOOGL	New	Google Inccl a	$946,000	–	1,618	–	0.41%	–
GIS	New	General Mills Inc	$916,000	–	17,440	–	0.39%	–
WFC	New	Wells-Fargo & Co	$884,000	–	16,827	–	0.38%	–
ITW	New	Illinois Tool Works Inc	$844,000	–	9,640	–	0.36%	–
AGN	New	Allergan Inc	$842,000	–	4,975	–	0.36%	–
PNY	New	Piedmont Nat Gas Inc	$815,000	–	21,773	–	0.35%	–
D	New	Dominion Res Inc Va New	$797,000	–	11,142	–	0.34%	–
MMM	New	3M Company	$765,000	–	5,340	–	0.33%	–
SO	New	The Southern Company	$762,000	–	16,784	–	0.33%	–
CSCO	New	Cisco Systems Inc	$719,000	–	28,930	–	0.31%	–
ADM	New	Archer Daniels Midland Co	$703,000	–	15,947	–	0.30%	–
OLED	New	Universal Display Corp.	$681,000	–	21,230	–	0.29%	–
GOOG	New	Google Inccl c	$667,000	–	1,159	–	0.29%	–
PFE	New	Pfizer Incorporated	$650,000	–	21,914	–	0.28%	–
DVN	New	Devon Energy Corp New	$634,000	–	7,983	–	0.27%	–
CMI	New	Cummins Inc	$633,000	–	4,100	–	0.27%	–
DIS	New	Disney Walt Co	$624,000	–	7,282	–	0.27%	–
PM	New	Philip Morris Intl Inc	$614,000	–	7,285	–	0.26%	–
QEP	New	QEP Resources Inc	$600,000	–	17,395	–	0.26%	–
PSX	New	Phillips 66	$595,000	–	7,403	–	0.26%	–
SWN	New	Southwestern Energy Co	$569,000	–	12,500	–	0.24%	–
CHD	New	Church & Dwight Inc	$504,000	–	7,200	–	0.22%	–
HRS	New	Harris Corporation	$478,000	–	6,310	–	0.20%	–
GD	New	General Dynamics Corp	$401,000	–	3,440	–	0.17%	–
TIF	New	Tiffany & Co New	$396,000	–	3,955	–	0.17%	–
SHW	New	Sherwin Williams Co	$372,000	–	1,800	–	0.16%	–
USB	New	US Bancorp Del	$326,000	–	7,521	–	0.14%	–
CAT	New	Caterpillar Inc Del	$324,000	–	2,980	–	0.14%	–
V	New	Visa Inc	$317,000	–	1,505	–	0.14%	–
MCD	New	McDonalds Corp	$300,000	–	2,975	–	0.13%	–
HPQ	New	Hewlett-Packard Company	$297,000	–	8,831	–	0.13%	–
ORCL	New	Oracle Corporation	$282,000	–	6,965	–	0.12%	–
VRTX	New	Vertex Pharmaceuticalscon	$275,000	–	2,900	–	0.12%	–
	New	Siemens A G New Ordspon adr	$238,000	–	1,800	–	0.10%	–
BPL	New	Buckeye Partners LPunit lp	$235,000	–	2,825	–	0.10%	–
BAC	New	Bank of America Corp	$234,000	–	15,200	–	0.10%	–
CL	New	Colgate Palmolive Co	$231,000	–	3,390	–	0.10%	–
SBUX	New	Starbucks Corp	$230,000	–	2,975	–	0.10%	–
IMAX	New	Imax Corp	$225,000	–	7,915	–	0.10%	–
F	New	Ford Mtr Co Del	$225,000	–	13,076	–	0.10%	–
NMRX	New	Numerex Corpcl a	$212,000	–	18,445	–	0.09%	–
CLX	New	Clorox Co Del	$210,000	–	2,300	–	0.09%	–
AFL	New	Aflac Inc	$205,000	–	3,300	–	0.09%	–
IRDM	New	Iridium Communications	$175,000	–	20,700	–	0.08%	–
VICL	New	Vical Incorporated	$18,000	–	15,000	–	0.01%	–

Q4 2013

			Value		Shares		↓ Weighting
VICL	Exit	Vical Incorporated	$0	–	-47,000	–	-0.04%	–
POZN	Exit	Pozen Inc	$0	–	-17,000	–	-0.07%	–
TWC	Exit	Time Warner Cable	$0	–	-1,816	–	-0.15%	–
CSX	Exit	CSX Corp	$0	–	-8,000	–	-0.15%	–
NUAN	Exit	Nuance Commun Inc	$0	–	-11,050	–	-0.15%	–
EPD	Exit	Enterprise Prd Prtnrs Lp	$0	–	-3,550	–	-0.16%	–
SLM	Exit	SLM Corporation	$0	–	-8,884	–	-0.16%	–
IRDM	Exit	Iridium Communications	$0	–	-32,380	–	-0.16%	–
BHI	Exit	Baker Hughes Inc	$0	–	-4,600	–	-0.17%	–
XPO	Exit	XPO Logistics Inc	$0	–	-10,550	–	-0.17%	–
HPQ	Exit	Hewlett-Packard Company	$0	–	-11,181	–	-0.17%	–
VRTX	Exit	Vertex Pharmaceuticalscon	$0	–	-3,200	–	-0.18%	–
WPX	Exit	WPX Energy Inc	$0	–	-12,680	–	-0.18%	–
BIOL	Exit	Biolase Inc	$0	–	-136,771	–	-0.19%	–
USB	Exit	US Bancorp Del	$0	–	-7,521	–	-0.20%	–
PBI	Exit	Pitney Bowes Inc	$0	–	-15,122	–	-0.20%	–
RYN	Exit	Rayonier Inc	$0	–	-5,100	–	-0.21%	–
NMRX	Exit	Numerex Corpcl a	$0	–	-27,085	–	-0.22%	–
BPL	Exit	Buckeye Partnersunit lp	$0	–	-4,610	–	-0.22%	–
	Exit	Siemens A Gspon adr	$0	–	-2,628	–	-0.23%	–
D	Exit	Dominion Res Inc Va New	$0	–	-5,250	–	-0.24%	–
SHW	Exit	Sherwin Williams Co	$0	–	-1,800	–	-0.24%	–
IMAX	Exit	Imax Corp	$0	–	-11,365	–	-0.25%	–
BAC	Exit	Bank of America Corp	$0	–	-26,688	–	-0.27%	–
MDLZ	Exit	Mondelez Intlcl a	$0	–	-12,430	–	-0.29%	–
PFE	Exit	Pfizer Incorporated	$0	–	-13,973	–	-0.30%	–
APC	Exit	Anadarko Petroleum Corp	$0	–	-4,700	–	-0.32%	–
INCY	Exit	Incyte Corporation	$0	–	-11,675	–	-0.33%	–
PSX	Exit	Phillips 66	$0	–	-7,968	–	-0.34%	–
CAT	Exit	Caterpillar Inc	$0	–	-5,567	–	-0.34%	–
EMR	Exit	Emerson Electric Co	$0	–	-7,220	–	-0.34%	–
RSG	Exit	Republic Services Inc	$0	–	-15,300	–	-0.38%	–
HCP	Exit	HCP Inc	$0	–	-13,700	–	-0.41%	–
	Exit	Medtronic Inc	$0	–	-10,956	–	-0.43%	–
HRS	Exit	Harris Corporation	$0	–	-10,406	–	-0.45%	–
GD	Exit	General Dynamics Corp	$0	–	-7,296	–	-0.47%	–
LIFE	Exit	Life Technologies Corp	$0	–	-8,595	–	-0.47%	–
PM	Exit	Philip Morris Intl Inc	$0	–	-7,665	–	-0.49%	–
BMY	Exit	Bristol-Myers Squibb Co	$0	–	-14,500	–	-0.49%	–
SO	Exit	The Southern Company	$0	–	-16,553	–	-0.50%	–
WFC	Exit	Wells-Fargo & Co	$0	–	-17,327	–	-0.53%	–
PG	Exit	Procter & Gamble	$0	–	-9,607	–	-0.53%	–
ROVI	Exit	Rovi Corporation	$0	–	-40,085	–	-0.56%	–
INTC	Exit	Intel Corporation	$0	–	-34,368	–	-0.58%	–
AWK	Exit	American Water Works Co Inc	$0	–	-19,300	–	-0.59%	–
BP	Exit	BP PLCspon adr	$0	–	-19,274	–	-0.60%	–
OLED	Exit	Universal Display Corp.	$0	–	-25,410	–	-0.60%	–
ALGN	Exit	Align Technology Inc	$0	–	-17,200	–	-0.61%	–
GIS	Exit	General Mills Inc	$0	–	-17,440	–	-0.62%	–
ITW	Exit	Illinois Tool Works Inc	$0	–	-11,506	–	-0.65%	–
UTX	Exit	United Technologies Corp	$0	–	-8,389	–	-0.67%	–
CREE	Exit	Cree Inc	$0	–	-15,120	–	-0.67%	–
PNC	Exit	PNC Finl Services	$0	–	-12,595	–	-0.67%	–
PX	Exit	Praxair Inc	$0	–	-8,244	–	-0.73%	–
QCOM	Exit	Qualcomm Inc	$0	–	-14,812	–	-0.73%	–
TXN	Exit	Texas Instruments Inc	$0	–	-25,224	–	-0.75%	–
ITC	Exit	ITC Holdings Corp	$0	–	-10,905	–	-0.75%	–
HSIC	Exit	Henry Schein Inc	$0	–	-9,935	–	-0.76%	–
HON	Exit	Honeywell International	$0	–	-12,500	–	-0.76%	–
SYK	Exit	Stryker Corp	$0	–	-15,567	–	-0.77%	–
CSCO	Exit	Cisco Systems Inc	$0	–	-45,789	–	-0.79%	–
GLW	Exit	Corning Inc	$0	–	-74,356	–	-0.80%	–
ABT	Exit	Abbott Laboratories	$0	–	-32,952	–	-0.80%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-14,486	–	-0.82%	–
DHR	Exit	Danaher Corp Del	$0	–	-16,385	–	-0.84%	–
SLB	Exit	Schlumberger Ltd	$0	–	-13,521	–	-0.88%	–
CELG	Exit	Celgene Corp	$0	–	-7,900	–	-0.90%	–
AME	Exit	Ametek Inc New	$0	–	-26,793	–	-0.91%	–
MON	Exit	Monsanto Co New	$0	–	-12,030	–	-0.92%	–
AMT	Exit	American Tower Corp	$0	–	-17,512	–	-0.96%	–
WMB	Exit	Williams Companies	$0	–	-35,967	–	-0.96%	–
DG	Exit	Dollar General Corp New	$0	–	-23,500	–	-0.98%	–
KO	Exit	Coca Cola Company	$0	–	-36,372	–	-1.01%	–
PSO	Exit	Pearson Plcspon adr	$0	–	-68,275	–	-1.02%	–
SEP	Exit	Spectra Energy Corp	$0	–	-41,634	–	-1.05%	–
ABBV	Exit	Abbvie Inc	$0	–	-31,952	–	-1.05%	–
SGEN	Exit	Seattle Genetics Inc	$0	–	-32,800	–	-1.06%	–
ADM	Exit	Archer Daniels Midland Co	$0	–	-39,306	–	-1.06%	–
CHKP	Exit	Check Pt Software Techord	$0	–	-26,020	–	-1.08%	–
NVS	Exit	Novartis AGspon adr	$0	–	-19,405	–	-1.10%	–
ECL	Exit	Ecolab Inc	$0	–	-15,626	–	-1.14%	–
MRK	Exit	Merck & Co Inc New	$0	–	-32,493	–	-1.14%	–
COP	Exit	ConocoPhillips	$0	–	-22,677	–	-1.16%	–
DUK	Exit	Duke Energy Corp New	$0	–	-25,037	–	-1.23%	–
MSFT	Exit	Microsoft Corp	$0	–	-52,343	–	-1.28%	–
	Exit	McGraw Hill Finl Inc	$0	–	-28,477	–	-1.37%	–
PEP	Exit	Pepsico Incorporated	$0	–	-23,549	–	-1.38%	–
IBM	Exit	Intl Business Machines	$0	–	-10,187	–	-1.39%	–
CB	Exit	Chubb Corporation	$0	–	-23,025	–	-1.51%	–
FMC	Exit	FMC Corp New	$0	–	-30,355	–	-1.60%	–
T	Exit	AT&T Inc	$0	–	-65,545	–	-1.63%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-44,598	–	-1.70%	–
GOOGL	Exit	Google Inccl a	$0	–	-2,644	–	-1.70%	–
DD	Exit	Du Pont E I De Nemour&Co	$0	–	-40,188	–	-1.73%	–
UPS	Exit	United Parcel Servicecl b	$0	–	-26,035	–	-1.75%	–
EMN	Exit	Eastman Chemical Co	$0	–	-31,335	–	-1.80%	–
CVS	Exit	CVS Caremark Corp	$0	–	-43,550	–	-1.82%	–
ESRX	Exit	Express Scripts Inc	$0	–	-41,760	–	-1.90%	–
SCHW	Exit	Charles Schwab & Co.	$0	–	-132,514	–	-2.06%	–
VZ	Exit	Verizon Communications	$0	–	-64,928	–	-2.23%	–
AAPL	Exit	Apple Inc	$0	–	-7,370	–	-2.58%	–
MCK	Exit	McKesson Corporation	$0	–	-29,547	–	-2.79%	–
BA	Exit	Boeing Co	$0	–	-33,981	–	-2.94%	–
CVX	Exit	Chevron Corporation	$0	–	-34,154	–	-3.05%	–
XOM	Exit	Exxon Mobil Corporation	$0	–	-49,495	–	-3.13%	–
UNP	Exit	Union Pacific Corp	$0	–	-31,133	–	-3.56%	–
GE	Exit	General Electric Company	$0	–	-205,063	–	-3.60%	–
JNJ	Exit	Johnson & Johnson	$0	–	-62,259	–	-3.97%	–

Q3 2013

			Value		Shares		↓ Weighting
JNJ	Buy	Johnson & Johnson	$5,397,000	+2.4%	62,259	+1.4%	3.97%	-8.0%
GE	Buy	General Electric Company	$4,899,000	+6.1%	205,063	+3.0%	3.60%	-4.7%
UNP	Buy	Union Pacific Corp	$4,836,000	+2.0%	31,133	+1.4%	3.56%	-8.4%
XOM	Buy	Exxon Mobil Corporation	$4,259,000	-2.3%	49,495	+2.6%	3.13%	-12.3%
CVX	Sell	Chevron Corporation	$4,150,000	-0.3%	34,154	-2.9%	3.05%	-10.4%
BA	Buy	Boeing Co	$3,993,000	+17.9%	33,981	+2.8%	2.94%	+5.9%
MCK	Buy	McKesson Corporation	$3,791,000	+13.6%	29,547	+1.4%	2.79%	+2.0%
AAPL	Buy	Apple Inc	$3,514,000	+26.8%	7,370	+5.4%	2.58%	+13.9%
VZ	Buy	Verizon Communications	$3,031,000	-2.4%	64,928	+5.3%	2.23%	-12.3%
SCHW	Buy	Charles Schwab & Co.	$2,801,000	+79.1%	132,514	+79.9%	2.06%	+60.8%
ESRX	Buy	Express Scripts Inc	$2,581,000	+2.9%	41,760	+2.8%	1.90%	-7.6%
CVS	Buy	CVS Caremark Corp	$2,471,000	+1.4%	43,550	+2.1%	1.82%	-9.0%
EMN	Sell	Eastman Chemical Co	$2,441,000	+10.0%	31,335	-1.1%	1.80%	-1.2%
UPS	Sell	United Parcel Servicecl b	$2,379,000	+3.2%	26,035	-2.4%	1.75%	-7.4%
DD	Sell	Du Pont E I De Nemour&Co	$2,353,000	+7.1%	40,188	-4.0%	1.73%	-3.8%
GOOGL	Buy	Google Inccl a	$2,316,000	+8.0%	2,644	+8.5%	1.70%	-3.0%
JPM	Buy	JPMorgan Chase & Co	$2,305,000	+137.6%	44,598	+142.7%	1.70%	+113.3%
T	Buy	AT&T Inc	$2,217,000	-4.1%	65,545	+0.4%	1.63%	-13.8%
FMC	Buy	FMC Corp New	$2,177,000	+24.2%	30,355	+5.7%	1.60%	+11.5%
CB	Sell	Chubb Corporation	$2,055,000	+5.0%	23,025	-0.4%	1.51%	-5.7%
IBM	Buy	Intl Business Machines	$1,886,000	-0.2%	10,187	+3.0%	1.39%	-10.4%
PEP	Buy	Pepsico Incorporated	$1,872,000	+12.7%	23,549	+16.0%	1.38%	+1.2%
	Sell	McGraw Hill Finl Inc	$1,868,000	+23.1%	28,477	-0.2%	1.37%	+10.5%
MSFT	Buy	Microsoft Corp	$1,742,000	+4.2%	52,343	+8.2%	1.28%	-6.5%
DUK	Sell	Duke Energy Corp New	$1,672,000	-1.7%	25,037	-0.6%	1.23%	-11.7%
COP	Buy	ConocoPhillips	$1,576,000	+19.0%	22,677	+3.7%	1.16%	+6.9%
MRK	Buy	Merck & Co Inc New	$1,547,000	+14.2%	32,493	+11.4%	1.14%	+2.5%
NVS	Sell	Novartis AGspon adr	$1,489,000	+2.7%	19,405	-5.4%	1.10%	-7.8%
CHKP	Buy	Check Pt Software Techord	$1,472,000	+27.3%	26,020	+11.9%	1.08%	+14.4%
ADM	Sell	Archer Daniels Midland Co	$1,448,000	+8.2%	39,306	-0.4%	1.06%	-2.8%
SGEN	Sell	Seattle Genetics Inc	$1,438,000	+38.7%	32,800	-0.5%	1.06%	+24.6%
ABBV	Sell	Abbvie Inc	$1,429,000	+7.7%	31,952	-0.5%	1.05%	-3.3%
SEP	Sell	Spectra Energy Corp	$1,425,000	-1.0%	41,634	-0.3%	1.05%	-11.1%
PSO	Sell	Pearson Plcspon adr	$1,389,000	+10.5%	68,275	-2.7%	1.02%	-0.8%
KO	Sell	Coca Cola Company	$1,378,000	-5.8%	36,372	-0.3%	1.01%	-15.4%
DG	Buy	Dollar General Corp New	$1,327,000	+29.0%	23,500	+15.2%	0.98%	+15.8%
WMB	Buy	Williams Companies	$1,308,000	+23.3%	35,967	+10.1%	0.96%	+10.7%
AMT	Sell	American Tower Corp	$1,298,000	+0.9%	17,512	-0.4%	0.96%	-9.4%
MON	Sell	Monsanto Co New	$1,256,000	+4.0%	12,030	-1.6%	0.92%	-6.6%
AME	Buy	Ametek Inc New	$1,233,000	+15.6%	26,793	+6.3%	0.91%	+3.8%
CELG	Buy	Celgene Corp	$1,218,000	+65.0%	7,900	+25.3%	0.90%	+48.3%
SLB	Buy	Schlumberger Ltd	$1,195,000	+93.4%	13,521	+56.7%	0.88%	+73.7%
DHR	Buy	Danaher Corp Del	$1,136,000	+12.8%	16,385	+3.0%	0.84%	+1.3%
ABT	Sell	Abbott Laboratories	$1,094,000	-5.4%	32,952	-0.6%	0.80%	-15.0%
GLW	Buy	Corning Inc	$1,085,000	+8.6%	74,356	+5.9%	0.80%	-2.4%
CSCO	Buy	Cisco Systems Inc	$1,073,000	+0.3%	45,789	+4.1%	0.79%	-9.9%
HSIC	Buy	Henry Schein Inc	$1,031,000	+26.0%	9,935	+16.3%	0.76%	+13.1%
ITC	Buy	ITC Holdings Corp	$1,024,000	+140.9%	10,905	+134.3%	0.75%	+116.4%
TXN	Sell	Texas Instruments Inc	$1,016,000	+10.8%	25,224	-4.2%	0.75%	-0.5%
QCOM	Buy	Qualcomm Inc	$997,000	+85.3%	14,812	+68.1%	0.73%	+66.2%
PX	Buy	Praxair Inc	$991,000	+101.0%	8,244	+92.5%	0.73%	+80.4%
PNC	Buy	PNC Finl Services	$913,000	+2.0%	12,595	+2.6%	0.67%	-8.3%
CREE	Sell	Cree Inc	$910,000	-15.7%	15,120	-10.6%	0.67%	-24.4%
UTX	Buy	United Technologies Corp	$905,000	+22.1%	8,389	+5.2%	0.67%	+9.7%
ITW	Buy	Illinois Tool Works Inc	$878,000	+12.3%	11,506	+1.8%	0.65%	+0.8%
GIS	Buy	General Mills Inc	$836,000	+26.3%	17,440	+27.9%	0.62%	+13.5%
OLED	New	Universal Display Corp.	$814,000	–	25,410	–	0.60%	–
BP	Sell	BP PLCspon adr	$810,000	-22.5%	19,274	-23.0%	0.60%	-30.4%
AWK	New	American Water Works Co Inc	$797,000	–	19,300	–	0.59%	–
INTC	Buy	Intel Corporation	$788,000	+17.6%	34,368	+24.4%	0.58%	+5.6%
ROVI	Sell	Rovi Corporation	$768,000	-19.1%	40,085	-3.6%	0.56%	-27.3%
PG	Buy	Procter & Gamble	$726,000	+7.1%	9,607	+9.1%	0.53%	-3.8%
SO	Sell	The Southern Company	$682,000	-7.6%	16,553	-1.0%	0.50%	-16.9%
BMY	Buy	Bristol-Myers Squibb Co	$671,000	+9.6%	14,500	+5.8%	0.49%	-1.4%
PM	Sell	Philip Morris Intl Inc	$664,000	-1.3%	7,665	-1.3%	0.49%	-11.4%
LIFE	Sell	Life Technologies Corp	$643,000	-18.7%	8,595	-19.6%	0.47%	-27.0%
HCP	Buy	HCP Inc	$561,000	+26.1%	13,700	+39.8%	0.41%	+13.5%
RSG	New	Republic Services Inc	$510,000	–	15,300	–	0.38%	–
EMR	Sell	Emerson Electric Co	$467,000	+15.3%	7,220	-2.7%	0.34%	+3.6%
CAT	Buy	Caterpillar Inc	$464,000	+2.9%	5,567	+1.8%	0.34%	-7.6%
PSX	Buy	Phillips 66	$461,000	+3.4%	7,968	+5.3%	0.34%	-7.1%
INCY	Sell	Incyte Corporation	$445,000	+63.6%	11,675	-5.7%	0.33%	+46.6%
PFE	Buy	Pfizer Incorporated	$401,000	+88.3%	13,973	+84.0%	0.30%	+69.5%
MDLZ	Buy	Mondelez Intlcl a	$391,000	+18.5%	12,430	+7.3%	0.29%	+6.7%
BAC	Sell	Bank of America Corp	$368,000	+6.4%	26,688	-0.8%	0.27%	-4.2%
IMAX	Buy	Imax Corp	$344,000	+24.6%	11,365	+2.2%	0.25%	+11.9%
BPL	Sell	Buckeye Partnersunit lp	$302,000	-7.9%	4,610	-1.3%	0.22%	-17.5%
NMRX	Buy	Numerex Corpcl a	$297,000	+43.5%	27,085	+45.7%	0.22%	+28.2%
RYN	New	Rayonier Inc	$284,000	–	5,100	–	0.21%	–
BIOL	Buy	Biolase Inc	$262,000	-24.3%	136,771	+41.4%	0.19%	-31.8%
WPX	Sell	WPX Energy Inc	$244,000	-17.6%	12,680	-19.0%	0.18%	-26.0%
VRTX	Buy	Vertex Pharmaceuticalscon	$243,000	+0.4%	3,200	+5.8%	0.18%	-9.6%
HPQ	Sell	Hewlett-Packard Company	$235,000	-40.1%	11,181	-29.3%	0.17%	-46.1%
XPO	New	XPO Logistics Inc	$229,000	–	10,550	–	0.17%	–
IRDM	Buy	Iridium Communications	$223,000	+20.5%	32,380	+36.2%	0.16%	+7.9%
CSX	New	CSX Corp	$206,000	–	8,000	–	0.15%	–
NUAN	Buy	Nuance Commun Inc	$206,000	+4.6%	11,050	+3.3%	0.15%	-5.6%
TWC	Sell	Time Warner Cable	$203,000	-9.0%	1,816	-8.3%	0.15%	-18.6%
EWJ	Exit	Ishares Incmsci japan	$0	–	-10,000	–	-0.09%	–
MAKO	Exit	Mako Surgical Corp	$0	–	-12,190	–	-0.12%	–
MMM	Exit	3M Company	$0	–	-1,550	–	-0.14%	–
ARNA	Exit	Arena Pharmaceuticals	$0	–	-32,000	–	-0.20%	–
DE	Exit	Deere & Co	$0	–	-6,444	–	-0.43%	–
POT	Exit	Potash Corp Sask Inc	$0	–	-21,201	–	-0.66%	–

Q2 2013

			Value		Shares		↓ Weighting
JNJ	New	Johnson & Johnson	$5,271,000	–	61,393	–	4.32%	–
UNP	New	Union Pacific Corp	$4,739,000	–	30,718	–	3.88%	–
GE	New	General Electric Company	$4,617,000	–	199,088	–	3.78%	–
XOM	New	Exxon Mobil Corporation	$4,361,000	–	48,263	–	3.57%	–
CVX	New	Chevron Corp New	$4,162,000	–	35,174	–	3.41%	–
BA	New	Boeing Co	$3,386,000	–	33,056	–	2.77%	–
MCK	New	McKesson Corporation	$3,337,000	–	29,143	–	2.73%	–
VZ	New	Verizon Communications	$3,104,000	–	61,664	–	2.54%	–
AAPL	New	Apple Inc	$2,772,000	–	6,991	–	2.27%	–
ESRX	New	Express Scripts Inc	$2,509,000	–	40,635	–	2.06%	–
CVS	New	CVS Caremark Corp	$2,438,000	–	42,635	–	2.00%	–
T	New	AT&T Inc	$2,311,000	–	65,269	–	1.89%	–
UPS	New	United Parcel Service Bcl b	$2,306,000	–	26,670	–	1.89%	–
EMN	New	Eastman Chemical Co	$2,219,000	–	31,690	–	1.82%	–
DD	New	Du Pont E I De Nemour&Co	$2,198,000	–	41,858	–	1.80%	–
GOOGL	New	Google Inc Class Acl a	$2,145,000	–	2,437	–	1.76%	–
CB	New	Chubb Corporation	$1,958,000	–	23,125	–	1.60%	–
IBM	New	Intl Business Machines	$1,890,000	–	9,887	–	1.55%	–
FMC	New	FMC Corp New	$1,753,000	–	28,715	–	1.44%	–
DUK	New	Duke Energy Corp New	$1,701,000	–	25,194	–	1.39%	–
MSFT	New	Microsoft Corp	$1,672,000	–	48,387	–	1.37%	–
PEP	New	Pepsico Incorporated	$1,661,000	–	20,309	–	1.36%	–
SCHW	New	Charles Schwab & Co.	$1,564,000	–	73,655	–	1.28%	–
	New	McGraw Hill Finl Inc	$1,517,000	–	28,527	–	1.24%	–
KO	New	Coca Cola Company	$1,463,000	–	36,472	–	1.20%	–
NVS	New	Novartis AG Spon ADRspon adr	$1,450,000	–	20,505	–	1.19%	–
SEP	New	Spectra Energy Corp	$1,439,000	–	41,746	–	1.18%	–
MRK	New	Merck & Co Inc New	$1,355,000	–	29,168	–	1.11%	–
ADM	New	Archer Daniels Midland Co	$1,338,000	–	39,456	–	1.10%	–
ECL	New	Ecolab Inc	$1,331,000	–	15,626	–	1.09%	–
ABBV	New	Abbvie Inc	$1,327,000	–	32,102	–	1.09%	–
COP	New	ConocoPhillips	$1,324,000	–	21,877	–	1.08%	–
AMT	New	American Tower Corp Class	$1,287,000	–	17,587	–	1.05%	–
PSO	New	Pearson Plc Adrspon adr	$1,257,000	–	70,175	–	1.03%	–
MON	New	Monsanto Co New Del	$1,208,000	–	12,230	–	0.99%	–
ABT	New	Abbott Laboratories	$1,156,000	–	33,152	–	0.95%	–
CHKP	New	Check Pt Software Techord	$1,156,000	–	23,260	–	0.95%	–
CREE	New	Cree Inc	$1,080,000	–	16,920	–	0.88%	–
CSCO	New	Cisco Systems Inc	$1,070,000	–	43,989	–	0.88%	–
AME	New	Ametek Inc New	$1,067,000	–	25,213	–	0.87%	–
WMB	New	Williams Companies	$1,061,000	–	32,667	–	0.87%	–
NSC	New	Norfolk Southern Corp	$1,052,000	–	14,486	–	0.86%	–
BP	New	BP PLC ADRspon adr	$1,045,000	–	25,024	–	0.86%	–
SGEN	New	Seattle Genetics Inc	$1,037,000	–	32,950	–	0.85%	–
DG	New	Dollar General Corp New	$1,029,000	–	20,400	–	0.84%	–
SYK	New	Stryker Corp	$1,007,000	–	15,567	–	0.82%	–
DHR	New	Danaher Corp Del	$1,007,000	–	15,905	–	0.82%	–
GLW	New	Corning Inc	$999,000	–	70,206	–	0.82%	–
HON	New	Honeywell International	$992,000	–	12,500	–	0.81%	–
JPM	New	JPMorgan Chase & Co	$970,000	–	18,375	–	0.80%	–
ROVI	New	Rovi Corporation	$949,000	–	41,565	–	0.78%	–
TXN	New	Texas Instruments Inc	$917,000	–	26,324	–	0.75%	–
PNC	New	PNC Finl Services	$895,000	–	12,275	–	0.73%	–
HSIC	New	Henry Schein Inc	$818,000	–	8,545	–	0.67%	–
POT	New	Potash Corp Sask Inc	$808,000	–	21,201	–	0.66%	–
LIFE	New	Life Technologies Corp	$791,000	–	10,690	–	0.65%	–
ITW	New	Illinois Tool Works Inc	$782,000	–	11,306	–	0.64%	–
UTX	New	United Technologies Corp	$741,000	–	7,974	–	0.61%	–
SO	New	The Southern Company	$738,000	–	16,728	–	0.60%	–
CELG	New	Celgene Corp	$738,000	–	6,307	–	0.60%	–
WFC	New	Wells-Fargo & Co	$715,000	–	17,327	–	0.59%	–
PG	New	Procter & Gamble	$678,000	–	8,807	–	0.56%	–
PM	New	Philip Morris Intl Inc	$673,000	–	7,765	–	0.55%	–
INTC	New	Intel Corporation	$670,000	–	27,638	–	0.55%	–
GIS	New	General Mills Inc	$662,000	–	13,640	–	0.54%	–
ALGN	New	Align Technology Inc	$637,000	–	17,200	–	0.52%	–
SLB	New	Schlumberger Ltd	$618,000	–	8,631	–	0.51%	–
BMY	New	Bristol-Myers Squibb Co	$612,000	–	13,700	–	0.50%	–
GD	New	General Dynamics Corp	$571,000	–	7,296	–	0.47%	–
	New	Medtronic Inc	$564,000	–	10,956	–	0.46%	–
QCOM	New	Qualcomm Inc	$538,000	–	8,810	–	0.44%	–
DE	New	Deere & Co	$524,000	–	6,444	–	0.43%	–
HRS	New	Harris Corporation	$512,000	–	10,406	–	0.42%	–
PX	New	Praxair Inc	$493,000	–	4,283	–	0.40%	–
CAT	New	Caterpillar Inc	$451,000	–	5,467	–	0.37%	–
PSX	New	Phillips 66	$446,000	–	7,568	–	0.36%	–
HCP	New	HCP Inc	$445,000	–	9,800	–	0.36%	–
ITC	New	ITC Holdings Corp	$425,000	–	4,655	–	0.35%	–
EMR	New	Emerson Electric Co	$405,000	–	7,420	–	0.33%	–
APC	New	Anadarko Petroleum Corp	$404,000	–	4,700	–	0.33%	–
HPQ	New	Hewlett-Packard Company	$392,000	–	15,824	–	0.32%	–
BIOL	New	BIOLASE INC	$346,000	–	96,748	–	0.28%	–
BAC	New	Bank of America Corp	$346,000	–	26,900	–	0.28%	–
MDLZ	New	Mondelez Intl Inc Cl Acl a	$330,000	–	11,580	–	0.27%	–
BPL	New	Buckeye Partners Uts L Punit lp	$328,000	–	4,670	–	0.27%	–
SHW	New	Sherwin Williams Co	$318,000	–	1,800	–	0.26%	–
D	New	Dominion Res Inc Va New	$298,000	–	5,250	–	0.24%	–
WPX	New	Wpx Energy Inc	$296,000	–	15,645	–	0.24%	–
IMAX	New	Imax Corp	$276,000	–	11,115	–	0.23%	–
USB	New	US Bancorp Del	$272,000	–	7,521	–	0.22%	–
INCY	New	Incyte Corporation	$272,000	–	12,375	–	0.22%	–
	New	Siemens A G New Ordspon adr	$265,000	–	2,628	–	0.22%	–
ARNA	New	Arena Pharmaceuticals	$246,000	–	32,000	–	0.20%	–
VRTX	New	Vertex Pharmaceuticalscon	$242,000	–	3,025	–	0.20%	–
TWC	New	Time Warner Cable	$223,000	–	1,981	–	0.18%	–
PBI	New	Pitney Bowes Inc	$222,000	–	15,122	–	0.18%	–
EPD	New	Enterprise Prd Prtnrs Lp	$221,000	–	3,550	–	0.18%	–
PFE	New	Pfizer Incorporated	$213,000	–	7,594	–	0.17%	–
BHI	New	Baker Hughes Inc	$212,000	–	4,600	–	0.17%	–
NMRX	New	Numerex Corp Cl A Pacl a	$207,000	–	18,585	–	0.17%	–
SLM	New	SLM Corporation	$203,000	–	8,884	–	0.17%	–
NUAN	New	Nuance Commun Inc	$197,000	–	10,700	–	0.16%	–
IRDM	New	Iridium Communications	$185,000	–	23,780	–	0.15%	–
MMM	New	3M Company	$169,000	–	1,550	–	0.14%	–
MAKO	New	Mako Surgical Corp	$147,000	–	12,190	–	0.12%	–
VICL	New	Vical Incorporated	$147,000	–	47,000	–	0.12%	–
EWJ	New	Ishares Incmsci japan	$112,000	–	10,000	–	0.09%	–
POZN	New	Pozen Inc	$85,000	–	17,000	–	0.07%	–

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