MONARCH CAPITAL MANAGEMENT INC/ Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$16,667,811	-8.0%	52,788	-0.8%	5.36%	-2.5%
MRK	Sell	MERCK & CO INC	$12,329,040	-10.8%	119,148	-0.0%	3.96%	-5.4%
AAPL	Sell	APPLE INC	$11,897,212	-12.9%	69,489	-1.3%	3.82%	-7.7%
MCD	Sell	MCDONALDS CORP	$11,023,911	-12.2%	41,846	-0.6%	3.54%	-7.0%
HD	Buy	HOME DEPOT INC	$10,581,039	-2.5%	35,018	+0.2%	3.40%	+3.3%
FELE	Sell	FRANKLIN ELEC INC	$9,744,452	-13.6%	109,206	-0.3%	3.13%	-8.4%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$9,404,147	+7.5%	38,927	-1.8%	3.02%	+13.9%
WMT	Sell	WALMART INC	$8,772,641	+0.1%	54,853	-1.6%	2.82%	+6.1%
JNJ	Sell	JOHNSON & JOHNSON	$8,478,563	-5.9%	54,437	-0.0%	2.72%	-0.3%
ABBV	Sell	ABBVIE INC	$8,265,228	+10.0%	55,449	-0.6%	2.66%	+16.5%
LKFN	Sell	LAKELAND FINL CORP	$7,930,377	-2.8%	167,096	-0.6%	2.55%	+3.0%
CSCO	Sell	CISCO SYS INC	$7,858,261	+3.5%	146,173	-0.4%	2.52%	+9.6%
PG	Sell	PROCTER AND GAMBLE CO	$7,181,563	-4.6%	49,236	-0.8%	2.31%	+1.1%
EMR	Sell	EMERSON ELEC CO	$6,791,865	+6.7%	70,331	-0.1%	2.18%	+13.0%
KR	Buy	KROGER CO	$6,582,009	-4.8%	147,084	+0.0%	2.12%	+0.9%
KO	Sell	COCA COLA CO	$6,243,736	-7.3%	110,909	-0.3%	2.01%	-1.8%
XOM	Sell	EXXON MOBIL CORP	$6,211,399	+9.0%	52,827	-0.6%	2.00%	+15.4%
PWR	Sell	QUANTA SVCS INC	$5,884,643	-7.0%	31,448	-2.3%	1.89%	-1.5%
ACN	Sell	ACCENTURE PLC IRELAND	$5,744,800	-0.7%	18,706	-0.2%	1.85%	+5.2%
ABT	Sell	ABBOTT LABS	$5,602,773	-11.2%	57,850	-0.1%	1.80%	-6.0%
GOOG	Sell	ALPHABET INCcap stk cl c	$5,472,962	+8.7%	41,509	-0.2%	1.76%	+15.2%
AFL	Sell	AFLAC INC	$5,176,711	+8.5%	67,449	-1.3%	1.66%	+14.9%
MDT	Sell	MEDTRONIC PLC	$5,135,872	-11.5%	65,117	-0.6%	1.65%	-6.2%
SYK	Sell	STRYKER CORPORATION	$4,948,133	-12.3%	18,071	-2.1%	1.59%	-7.0%
USB	Buy	US BANCORP DEL	$4,464,277	+1.1%	133,836	+1.0%	1.43%	+7.1%
JPM	Sell	JPMORGAN CHASE & CO	$4,395,557	-0.4%	30,310	-0.1%	1.41%	+5.5%
SYY	Sell	SYSCO CORP	$4,259,631	-11.1%	64,491	-0.2%	1.37%	-5.8%
GPC	Sell	GENUINE PARTS CO	$4,066,861	-15.2%	28,064	-0.6%	1.31%	-10.1%
ZBH	Sell	ZIMMER BIOMET HOLDINGS INC	$3,971,006	-23.3%	35,332	-0.5%	1.28%	-18.7%
GILD	Sell	GILEAD SCIENCES INC	$3,748,698	-4.6%	50,023	-1.9%	1.20%	+1.1%
STLD	Sell	STEEL DYNAMICS INC	$3,666,403	-2.1%	34,106	-0.5%	1.18%	+3.8%
PFE	Buy	PFIZER INC	$3,652,449	-9.4%	110,113	+0.2%	1.17%	-4.0%
FISV	Sell	FISERV INC	$3,530,565	-11.4%	31,255	-1.1%	1.13%	-6.1%
MMM	Sell	3M CO	$3,301,135	-9.0%	35,261	-2.7%	1.06%	-3.5%
NEE	Sell	NEXTERA ENERGY INC	$3,285,124	-22.9%	57,342	-0.2%	1.06%	-18.3%
INTC	Sell	INTEL CORP	$3,230,927	+5.6%	90,884	-0.7%	1.04%	+11.9%
CINF	Sell	CINCINNATI FINL CORP	$2,992,799	+4.8%	29,098	-0.3%	0.96%	+11.1%
VTIP	Sell	VANGUARD MALVERN FDSstrm infproidx	$2,861,622	-8.9%	60,525	-8.6%	0.92%	-3.6%
FFIV	Buy	F5 INC	$2,683,143	+10.8%	16,651	+0.6%	0.86%	+17.4%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$2,669,067	-23.6%	120,012	-2.2%	0.86%	-19.1%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$2,664,764	-4.9%	67,961	-1.3%	0.86%	+0.7%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$2,652,908	-12.9%	17,020	+0.1%	0.85%	-7.8%
FLS	Sell	FLOWSERVE CORP	$2,304,751	+6.7%	57,786	-0.3%	0.74%	+13.1%
CARR	Sell	CARRIER GLOBAL CORPORATION	$2,291,297	+10.5%	41,509	-0.1%	0.74%	+17.0%
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$2,078,330	+2.9%	5,933	+0.2%	0.67%	+9.2%
INS	Buy	CORECARD CORPORATION	$1,854,200	-11.3%	92,710	+12.5%	0.60%	-6.0%
DIS	Buy	DISNEY WALT CO	$1,844,374	-9.0%	22,756	+0.2%	0.59%	-3.6%
CB	Sell	CHUBB LIMITED	$1,544,932	+7.8%	7,402	-0.3%	0.50%	+14.0%
	Sell	JACOBS SOLUTIONS INC	$1,349,849	+12.5%	9,889	-2.0%	0.43%	+19.2%
RCI	Buy	ROGERS COMMUNICATIONS INCcl b	$1,295,841	-11.4%	33,582	+5.2%	0.42%	-6.3%
	Sell	GENERAL ELECTRIC CO	$1,271,406	-1.0%	11,496	-1.6%	0.41%	+4.9%
PPL	Sell	PPL CORP	$1,231,895	-15.5%	51,979	-5.2%	0.40%	-10.4%
RTX	Buy	RTX CORPORATION	$1,214,566	-23.0%	16,876	+4.8%	0.39%	-18.6%
AES	Buy	AES CORP	$1,129,999	-22.4%	74,342	+5.9%	0.36%	-17.7%
SMG	Buy	SCOTTS MIRACLE-GRO COcl a	$1,053,136	-17.3%	20,378	+0.4%	0.34%	-12.4%
OKE	Sell	ONEOK INC NEW	$976,188	+1.5%	15,390	-1.3%	0.31%	+7.5%
OTIS	Sell	OTIS WORLDWIDE CORP	$879,234	-15.0%	10,948	-5.8%	0.28%	-10.2%
VZ	Buy	VERIZON COMMUNICATIONS INC	$854,263	-0.3%	26,358	+14.4%	0.27%	+5.4%
ADM	Sell	ARCHER DANIELS MIDLAND CO	$800,282	-3.6%	10,611	-3.5%	0.26%	+2.0%
LMT	Buy	LOCKHEED MARTIN CORP	$712,818	-10.2%	1,743	+1.1%	0.23%	-5.0%
ANTM	Sell	ELEVANCE HEALTH INC	$613,072	-6.5%	1,408	-4.6%	0.20%	-1.0%
LLY	Sell	ELI LILLY & CO	$604,809	+9.7%	1,126	-4.3%	0.19%	+16.2%
	Buy	ZIMVIE INC	$585,754	-16.0%	62,248	+0.2%	0.19%	-11.3%
T	Sell	AT&T INC	$560,937	-30.3%	37,346	-25.9%	0.18%	-26.2%
CPRT	Buy	COPART INC	$561,549	-5.5%	13,032	+100.0%	0.18%	0.0%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$543,085	+11.4%	1,267	+15.5%	0.17%	+17.6%
REGN	Sell	REGENERON PHARMACEUTICALS	$504,475	+10.9%	613	-3.2%	0.16%	+17.4%
VEA	Sell	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$411,449	-18.4%	9,411	-13.9%	0.13%	-13.7%
WFC	Sell	WELLS FARGO CO NEW	$397,568	-15.0%	9,730	-11.2%	0.13%	-9.9%
PNC	Sell	PNC FINL SVCS GROUP INC	$392,742	-3.9%	3,199	-1.4%	0.13%	+1.6%
DG	Buy	DOLLAR GEN CORP NEW	$315,284	-35.3%	2,980	+3.9%	0.10%	-31.8%
	Sell	GE HEALTHCARE TECHNOLOGIES I	$269,303	-17.8%	3,958	-1.8%	0.09%	-12.1%
EEM	Sell	ISHARES TRmsci emg mkt etf	$219,086	-23.7%	5,773	-20.4%	0.07%	-19.5%
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$138,323	-27.8%	14,591	-22.9%	0.04%	-24.1%
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$0	–	-1,976	–	-0.06%	–
MCO	Exit	MOODYS CORP	$0	–	-600	–	-0.06%	–

Q2 2023

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT CORP	$18,121,156	–	53,213	–	5.50%	–
MRK	New	MERCK & CO INC	$13,814,560	–	119,177	–	4.19%	–
AAPL	New	APPLE INC	$13,659,756	–	70,422	–	4.14%	–
MCD	New	MCDONALDS CORP	$12,556,795	–	42,079	–	3.81%	–
FELE	New	FRANKLIN ELEC INC	$11,275,885	–	109,581	–	3.42%	–
HD	New	HOME DEPOT INC	$10,850,966	–	34,931	–	3.29%	–
JNJ	New	JOHNSON & JOHNSON	$9,012,068	–	54,447	–	2.73%	–
WMT	New	WALMART INC	$8,762,628	–	55,749	–	2.66%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$8,751,485	–	39,638	–	2.65%	–
LKFN	New	LAKELAND FINL CORP	$8,159,657	–	168,171	–	2.47%	–
CSCO	New	CISCO SYS INC	$7,594,812	–	146,788	–	2.30%	–
PG	New	PROCTER AND GAMBLE CO	$7,529,491	–	49,621	–	2.28%	–
ABBV	New	ABBVIE INC	$7,515,105	–	55,779	–	2.28%	–
KR	New	KROGER CO	$6,911,773	–	147,059	–	2.10%	–
KO	New	COCA COLA CO	$6,737,049	–	111,289	–	2.04%	–
EMR	New	EMERSON ELEC CO	$6,366,259	–	70,431	–	1.93%	–
PWR	New	QUANTA SVCS INC	$6,326,413	–	32,195	–	1.92%	–
ABT	New	ABBOTT LABS	$6,312,258	–	57,900	–	1.91%	–
MDT	New	MEDTRONIC PLC	$5,805,335	–	65,513	–	1.76%	–
ACN	New	ACCENTURE PLC IRELAND	$5,784,333	–	18,745	–	1.75%	–
XOM	New	EXXON MOBIL CORP	$5,700,231	–	53,149	–	1.73%	–
SYK	New	STRYKER CORPORATION	$5,639,098	–	18,451	–	1.71%	–
ZBH	New	ZIMMER BIOMET HOLDINGS INC	$5,178,764	–	35,527	–	1.57%	–
GOOG	New	ALPHABET INCcap stk cl c	$5,033,683	–	41,611	–	1.53%	–
GPC	New	GENUINE PARTS CO	$4,794,010	–	28,239	–	1.45%	–
SYY	New	SYSCO CORP	$4,792,653	–	64,591	–	1.45%	–
AFL	New	AFLAC INC	$4,771,459	–	68,359	–	1.45%	–
USB	New	US BANCORP DEL	$4,416,229	–	132,481	–	1.34%	–
JPM	New	JPMORGAN CHASE & CO	$4,411,196	–	30,330	–	1.34%	–
NEE	New	NEXTERA ENERGY INC	$4,262,197	–	57,442	–	1.29%	–
PFE	New	PFIZER INC	$4,031,426	–	109,908	–	1.22%	–
FISV	New	FISERV INC	$3,985,079	–	31,590	–	1.21%	–
GILD	New	GILEAD SCIENCES INC	$3,928,848	–	50,978	–	1.19%	–
STLD	New	STEEL DYNAMICS INC	$3,743,306	–	34,276	–	1.14%	–
MMM	New	3M CO	$3,625,861	–	36,226	–	1.10%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$3,494,726	–	122,665	–	1.06%	–
VTIP	New	VANGUARD MALVERN FDSstrm infproidx	$3,141,575	–	66,250	–	0.95%	–
INTC	New	INTEL CORP	$3,060,061	–	91,509	–	0.93%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$3,047,430	–	17,001	–	0.92%	–
CINF	New	CINCINNATI FINL CORP	$2,855,481	–	29,173	–	0.87%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$2,802,215	–	68,884	–	0.85%	–
FFIV	New	F5 INC	$2,420,750	–	16,551	–	0.73%	–
CVX	New	CHEVRON CORP NEW	$2,287,397	–	14,537	–	0.69%	–
FLS	New	FLOWSERVE CORP	$2,159,863	–	57,961	–	0.66%	–
INS	New	CORECARD CORPORATION	$2,090,298	–	82,425	–	0.63%	–
CARR	New	CARRIER GLOBAL CORPORATION	$2,073,587	–	41,559	–	0.63%	–
DIS	New	DISNEY WALT CO	$2,027,192	–	22,706	–	0.62%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$2,019,061	–	5,921	–	0.61%	–
APD	New	AIR PRODS & CHEMS INC	$1,996,282	–	6,626	–	0.60%	–
TGT	New	TARGET CORP	$1,745,037	–	13,230	–	0.53%	–
PEP	New	PEPSICO INC	$1,659,572	–	8,960	–	0.50%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,619,151	–	25,319	–	0.49%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$1,578,136	–	16,110	–	0.48%	–
RCI	New	ROGERS COMMUNICATIONS INCcl b	$1,462,727	–	31,923	–	0.44%	–
PPL	New	PPL CORP	$1,458,128	–	54,814	–	0.44%	–
AES	New	AES CORP	$1,455,495	–	70,212	–	0.44%	–
GOOGL	New	ALPHABET INCcap stk cl a	$1,448,370	–	12,100	–	0.44%	–
CB	New	CHUBB LIMITED	$1,432,954	–	7,421	–	0.44%	–
	New	GENERAL ELECTRIC CO	$1,283,927	–	11,688	–	0.39%	–
SMG	New	SCOTTS MIRACLE-GRO COcl a	$1,272,796	–	20,303	–	0.39%	–
	New	JACOBS SOLUTIONS INC	$1,199,482	–	10,089	–	0.36%	–
GWW	New	GRAINGER W W INC	$1,128,473	–	1,431	–	0.34%	–
PM	New	PHILIP MORRIS INTL INC	$1,129,184	–	11,425	–	0.34%	–
OTIS	New	OTIS WORLDWIDE CORP	$1,034,920	–	11,627	–	0.31%	–
OKE	New	ONEOK INC NEW	$962,215	–	15,590	–	0.29%	–
	New	LINDE PLC	$878,771	–	2,306	–	0.27%	–
BP	New	BP PLCsponsored adr	$874,063	–	24,768	–	0.26%	–
VZ	New	VERIZON COMMUNICATIONS INC	$856,932	–	23,042	–	0.26%	–
ADM	New	ARCHER DANIELS MIDLAND CO	$830,480	–	10,991	–	0.25%	–
T	New	AT&T INC	$804,375	–	50,431	–	0.24%	–
LMT	New	LOCKHEED MARTIN CORP	$793,696	–	1,724	–	0.24%	–
KMB	New	KIMBERLY-CLARK CORP	$735,476	–	5,288	–	0.22%	–
	New	ZIMVIE INC	$697,698	–	62,128	–	0.21%	–
NSC	New	NORFOLK SOUTHN CORP	$687,083	–	3,030	–	0.21%	–
ANTM	New	ELEVANCE HEALTH INC	$655,773	–	1,476	–	0.20%	–
NUE	New	NUCOR CORP	$645,953	–	3,927	–	0.20%	–
PLXS	New	PLEXUS CORP	$633,648	–	6,450	–	0.19%	–
CPRT	New	COPART INC	$594,325	–	6,516	–	0.18%	–
NTRS	New	NORTHERN TR CORP	$580,922	–	7,757	–	0.18%	–
CL	New	COLGATE PALMOLIVE CO	$561,545	–	7,289	–	0.17%	–
LLY	New	LILLY ELI & CO	$551,521	–	1,176	–	0.17%	–
BRKA	New	BERKSHIRE HATHAWAY INC DELcl a	$517,810	–	1	–	0.16%	–
MO	New	ALTRIA GROUP INC	$512,512	–	11,101	–	0.16%	–
CNI	New	CANADIAN NATL RY CO	$507,284	–	4,190	–	0.15%	–
VEA	New	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$504,471	–	10,924	–	0.15%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$487,519	–	1,097	–	0.15%	–
DG	New	DOLLAR GEN CORP NEW	$486,930	–	2,868	–	0.15%	–
ITW	New	ILLINOIS TOOL WKS INC	$478,126	–	1,902	–	0.14%	–
WFC	New	WELLS FARGO CO NEW	$467,773	–	10,960	–	0.14%	–
COST	New	COSTCO WHSL CORP NEW	$467,314	–	868	–	0.14%	–
REGN	New	REGENERON PHARMACEUTICALS	$454,836	–	633	–	0.14%	–
V	New	VISA INC	$445,513	–	1,876	–	0.14%	–
NKE	New	NIKE INCcl b	$442,840	–	4,000	–	0.13%	–
SHW	New	SHERWIN WILLIAMS CO	$422,443	–	1,591	–	0.13%	–
ORCL	New	ORACLE CORP	$414,791	–	3,483	–	0.13%	–
PNC	New	PNC FINL SVCS GROUP INC	$408,834	–	3,246	–	0.12%	–
BKH	New	BLACK HILLS CORP	$330,225	–	5,480	–	0.10%	–
	New	GE HEALTHCARE TECHNOLOGIES I	$327,560	–	4,032	–	0.10%	–
CHKP	New	CHECK POINT SOFTWARE TECH LTord	$322,467	–	2,567	–	0.10%	–
CAT	New	CATERPILLAR INC	$324,048	–	1,317	–	0.10%	–
CTAS	New	CINTAS CORP	$298,248	–	600	–	0.09%	–
EEM	New	ISHARES TRmsci emg mkt etf	$287,008	–	7,255	–	0.09%	–
FRME	New	FIRST MERCHANTS CORP	$274,340	–	9,718	–	0.08%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$273,451	–	1,111	–	0.08%	–
COP	New	CONOCOPHILLIPS	$259,275	–	2,488	–	0.08%	–
IWP	New	ISHARES TRrus md cp gr etf	$217,998	–	2,256	–	0.07%	–
MDLZ	New	MONDELEZ INTL INCcl a	$217,226	–	2,965	–	0.07%	–
MCO	New	MOODYS CORP	$208,632	–	600	–	0.06%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTDsponsored ads	$200,286	–	1,976	–	0.06%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$191,576	–	18,913	–	0.06%	–
VRA	New	VERA BRADLEY INC	$113,953	–	17,833	–	0.04%	–

Q4 2022

			Value		Shares		↓ Weighting
VRA	Exit	VERA BRADLEY INC	$0	–	-39,283	–	-0.04%	–
	Exit	WARNER BROS DISCOVERY INC	$0	–	-12,428	–	-0.05%	–
MAT	Exit	MATTEL INC	$0	–	-10,600	–	-0.07%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,317	–	-0.07%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-2,302	–	-0.07%	–
D	Exit	DOMINION ENERGY INC	$0	–	-3,254	–	-0.07%	–
	Exit	ZIMVIE INC	$0	–	-22,963	–	-0.07%	–
CTAS	Exit	CINTAS CORP	$0	–	-600	–	-0.08%	–
EPI	Exit	WISDOMTREE TRindia erngs fd	$0	–	-7,900	–	-0.08%	–
ORCL	Exit	ORACLE CORP	$0	–	-4,033	–	-0.08%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-7,340	–	-0.08%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-1,111	–	-0.08%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-2,488	–	-0.08%	–
HIW	Exit	HIGHWOODS PPTYS INC	$0	–	-9,715	–	-0.08%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sh	$0	–	-6,283	–	-0.10%	–
VTRS	Exit	VIATRIS INC	$0	–	-35,807	–	-0.10%	–
V	Exit	VISA INC	$0	–	-1,876	–	-0.11%	–
NKE	Exit	NIKE INCcl b	$0	–	-4,000	–	-0.11%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-1,651	–	-0.11%	–
ITW	Exit	ILLINOIS TOOL WKS INC	$0	–	-1,972	–	-0.12%	–
BKH	Exit	BLACK HILLS CORP	$0	–	-5,480	–	-0.12%	–
FRME	Exit	FIRST MERCHANTS CORP	$0	–	-9,718	–	-0.12%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-1,097	–	-0.13%	–
OKE	Exit	ONEOK INC NEW	$0	–	-7,779	–	-0.13%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-1	–	-0.13%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-10,981	–	-0.14%	–
NUE	Exit	NUCOR CORP	$0	–	-3,927	–	-0.14%	–
CHKP	Exit	CHECK POINT SOFTWARE TECH LTord	$0	–	-3,987	–	-0.15%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-651	–	-0.15%	–
CNI	Exit	CANADIAN NATL RY CO	$0	–	-4,190	–	-0.15%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-11,101	–	-0.15%	–
LLY	Exit	LILLY ELI & CO	$0	–	-1,489	–	-0.16%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-7,399	–	-0.17%	–
VEA	Exit	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$0	–	-15,041	–	-0.18%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-1,498	–	-0.19%	–
PNC	Exit	PNC FINL SVCS GROUP INC	$0	–	-3,949	–	-0.19%	–
KMB	Exit	KIMBERLY-CLARK CORP	$0	–	-5,291	–	-0.20%	–
LIN	Exit	LINDE PLC	$0	–	-2,306	–	-0.20%	–
PLXS	Exit	PLEXUS CORP	$0	–	-7,150	–	-0.20%	–
NSC	Exit	NORFOLK SOUTHN CORP	$0	–	-3,030	–	-0.21%	–
SMG	Exit	SCOTTS MIRACLE-GRO COcl a	$0	–	-15,520	–	-0.22%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-2,828	–	-0.22%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-1,458	–	-0.22%	–
NTRS	Exit	NORTHERN TR CORP	$0	–	-8,107	–	-0.23%	–
GWW	Exit	GRAINGER W W INC	$0	–	-1,476	–	-0.24%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-1,771	–	-0.26%	–
BP	Exit	BP PLCsponsored adr	$0	–	-28,653	–	-0.27%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-74,023	–	-0.27%	–
	Exit	GENERAL ELECTRIC CO	$0	–	-13,660	–	-0.28%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-11,636	–	-0.30%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-11,425	–	-0.31%	–
OTIS	Exit	OTIS WORLDWIDE CORP	$0	–	-16,132	–	-0.34%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-28,004	–	-0.37%	–
RCI	Exit	ROGERS COMMUNICATIONS INCcl b	$0	–	-29,612	–	-0.37%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-13,700	–	-0.43%	–
	Exit	JACOBS SOLUTIONS INC	$0	–	-12,331	–	-0.44%	–
CB	Exit	CHUBB LIMITED	$0	–	-7,421	–	-0.44%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-16,834	–	-0.45%	–
T	Exit	AT&T INC	$0	–	-92,877	–	-0.46%	–
PPL	Exit	PPL CORP	$0	–	-60,129	–	-0.50%	–
CARR	Exit	CARRIER GLOBAL CORPORATION	$0	–	-43,161	–	-0.50%	–
APD	Exit	AIR PRODS & CHEMS INC	$0	–	-6,626	–	-0.51%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-5,903	–	-0.51%	–
AES	Exit	AES CORP	$0	–	-71,134	–	-0.52%	–
FLS	Exit	FLOWSERVE CORP	$0	–	-66,393	–	-0.53%	–
PEP	Exit	PEPSICO INC	$0	–	-10,396	–	-0.55%	–
INS	Exit	CORECARD CORPORATION	$0	–	-82,488	–	-0.58%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-25,319	–	-0.59%	–
DIS	Exit	DISNEY WALT CO	$0	–	-21,601	–	-0.66%	–
TGT	Exit	TARGET CORP	$0	–	-13,960	–	-0.68%	–
FFIV	Exit	F5 INC	$0	–	-14,859	–	-0.70%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-16,084	–	-0.75%	–
INTC	Exit	INTEL CORP	$0	–	-95,824	–	-0.80%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-15,689	–	-0.83%	–
CINF	Exit	CINCINNATI FINL CORP	$0	–	-30,073	–	-0.88%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-79,939	–	-0.95%	–
STLD	Exit	STEEL DYNAMICS INC	$0	–	-42,686	–	-0.99%	–
FISV	Exit	FISERV INC	$0	–	-34,269	–	-1.04%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-33,228	–	-1.13%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-58,421	–	-1.18%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-39,150	–	-1.23%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-128,440	–	-1.32%	–
ZBH	Exit	ZIMMER BIOMET HOLDINGS INC	$0	–	-38,665	–	-1.32%	–
USB	Exit	US BANCORP DEL	$0	–	-105,370	–	-1.39%	–
SYK	Exit	STRYKER CORPORATION	$0	–	-21,138	–	-1.40%	–
AFL	Exit	AFLAC INC	$0	–	-76,591	–	-1.40%	–
MMM	Exit	3M CO	$0	–	-39,842	–	-1.44%	–
GPC	Exit	GENUINE PARTS CO	$0	–	-30,563	–	-1.49%	–
VTIP	Exit	VANGUARD MALVERN FDSstrm infproidx	$0	–	-96,659	–	-1.52%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-56,453	–	-1.61%	–
SYY	Exit	SYSCO CORP	$0	–	-69,796	–	-1.61%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-63,026	–	-1.61%	–
PFE	Exit	PFIZER INC	$0	–	-113,167	–	-1.61%	–
PWR	Exit	QUANTA SVCS INC	$0	–	-39,930	–	-1.66%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-72,994	–	-1.74%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-20,825	–	-1.75%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-66,679	–	-1.76%	–
ABT	Exit	ABBOTT LABS	$0	–	-62,095	–	-1.96%	–
CSCO	Exit	CISCO SYS INC	$0	–	-155,385	–	-2.03%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-51,918	–	-2.14%	–
KR	Exit	KROGER CO	$0	–	-151,788	–	-2.16%	–
KO	Exit	COCA COLA CO	$0	–	-120,419	–	-2.21%	–
ABBV	Exit	ABBVIE INC	$0	–	-60,105	–	-2.63%	–
WMT	Exit	WALMART INC	$0	–	-63,359	–	-2.68%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-57,068	–	-3.04%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-41,890	–	-3.10%	–
FELE	Exit	FRANKLIN ELEC INC	$0	–	-119,830	–	-3.19%	–
HD	Exit	HOME DEPOT INC	$0	–	-36,381	–	-3.27%	–
MCD	Exit	MCDONALDS CORP	$0	–	-45,417	–	-3.42%	–
AAPL	Exit	APPLE INC	$0	–	-81,428	–	-3.67%	–
MRK	Exit	MERCK & CO INC	$0	–	-131,768	–	-3.72%	–
LKFN	Exit	LAKELAND FINL CORP	$0	–	-176,849	–	-4.20%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-57,681	–	-4.38%	–

Q3 2022

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$13,434,000	-12.3%	57,681	-3.2%	4.38%	-4.0%
LKFN	Sell	LAKELAND FINL CORP	$12,876,000	+6.1%	176,849	-3.2%	4.20%	+16.0%
MRK	Sell	MERCK & CO INC	$11,412,000	-6.9%	131,768	-2.0%	3.72%	+1.8%
AAPL	Sell	APPLE INC	$11,253,000	-1.9%	81,428	-2.9%	3.67%	+7.3%
MCD	Sell	MCDONALDS CORP	$10,480,000	-8.1%	45,417	-1.7%	3.42%	+0.5%
HD	Sell	HOME DEPOT INC	$10,039,000	-1.2%	36,381	-1.8%	3.27%	+8.1%
FELE	Sell	FRANKLIN ELEC INC	$9,791,000	+8.6%	119,830	-2.7%	3.19%	+18.7%
ADP	Sell	AUTOMATIC DATA PROCESSING IN	$9,510,000	+6.1%	41,890	-1.9%	3.10%	+16.0%
JNJ	Sell	JOHNSON & JOHNSON	$9,323,000	-11.0%	57,068	-3.3%	3.04%	-2.7%
WMT	Sell	WALMART INC	$8,218,000	+3.7%	63,359	-2.8%	2.68%	+13.5%
ABBV	Sell	ABBVIE INC	$8,067,000	-15.5%	60,105	-3.5%	2.63%	-7.5%
KO	Sell	COCA COLA CO	$6,782,000	-11.9%	120,419	-1.6%	2.21%	-3.6%
KR	Sell	KROGER CO	$6,641,000	-9.0%	151,788	-1.6%	2.16%	-0.5%
PG	Sell	PROCTER AND GAMBLE CO	$6,555,000	-13.1%	51,918	-1.1%	2.14%	-5.0%
CSCO	Sell	CISCO SYS INC	$6,215,000	-8.5%	155,385	-2.5%	2.03%	+0.0%
ABT	Sell	ABBOTT LABS	$6,008,000	-14.4%	62,095	-3.9%	1.96%	-6.5%
MDT	Sell	MEDTRONIC PLC	$5,416,000	-10.2%	66,679	-0.8%	1.76%	-1.8%
ACN	Sell	ACCENTURE PLC IRELAND	$5,358,000	-12.0%	20,825	-5.1%	1.75%	-3.8%
EMR	Sell	EMERSON ELEC CO	$5,345,000	-10.2%	72,994	-2.4%	1.74%	-1.8%
PWR	Sell	QUANTA SVCS INC	$5,088,000	-1.6%	39,930	-3.2%	1.66%	+7.5%
PFE	Sell	PFIZER INC	$4,952,000	-17.9%	113,167	-1.7%	1.61%	-10.2%
NEE	Sell	NEXTERA ENERGY INC	$4,942,000	-2.5%	63,026	-3.6%	1.61%	+6.7%
SYY	Sell	SYSCO CORP	$4,935,000	-19.1%	69,796	-3.1%	1.61%	-11.5%
XOM	Sell	EXXON MOBIL CORP	$4,929,000	-1.0%	56,453	-2.9%	1.61%	+8.2%
VTIP	Sell	VANGUARD MALVERN FDSstrm infproidx	$4,650,000	-15.8%	96,659	-12.3%	1.52%	-7.9%
GPC	Sell	GENUINE PARTS CO	$4,580,000	+11.2%	30,563	-1.3%	1.49%	+21.6%
MMM	Sell	3M CO	$4,403,000	-18.6%	39,842	-4.6%	1.44%	-10.9%
AFL	Sell	AFLAC INC	$4,304,000	-1.5%	76,591	-3.0%	1.40%	+7.7%
SYK	Sell	STRYKER CORPORATION	$4,296,000	-0.2%	21,138	-2.3%	1.40%	+9.2%
USB	Sell	US BANCORP DEL	$4,278,000	-12.9%	105,370	-1.3%	1.39%	-4.8%
ZBH	Sell	ZIMMER BIOMET HOLDINGS INC	$4,052,000	-4.3%	38,665	-4.1%	1.32%	+4.7%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$4,033,000	-20.8%	128,440	-4.4%	1.32%	-13.4%
GOOG	Buy	ALPHABET INCcap stk cl c	$3,764,000	-12.3%	39,150	+1895.4%	1.23%	-4.1%
GILD	Sell	GILEAD SCIENCES INC	$3,604,000	-2.6%	58,421	-2.4%	1.18%	+6.6%
JPM	Sell	JPMORGAN CHASE & CO	$3,472,000	-7.5%	33,228	-0.3%	1.13%	+1.3%
FISV	Sell	FISERV INC	$3,207,000	+1.8%	34,269	-3.2%	1.04%	+11.3%
STLD	Sell	STEEL DYNAMICS INC	$3,037,000	+3.5%	42,686	-3.8%	0.99%	+13.3%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$2,917,000	-24.2%	79,939	-13.5%	0.95%	-17.1%
CINF	Sell	CINCINNATI FINL CORP	$2,709,000	-25.2%	30,073	-1.2%	0.88%	-18.2%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$2,534,000	-9.6%	15,689	+2.1%	0.83%	-1.2%
INTC	Sell	INTEL CORP	$2,469,000	-33.9%	95,824	-4.1%	0.80%	-27.7%
CVX	Sell	CHEVRON CORP NEW	$2,311,000	-0.8%	16,084	-0.1%	0.75%	+8.5%
FFIV	Buy	F5 INC	$2,151,000	-4.1%	14,859	+1.4%	0.70%	+4.9%
TGT	Sell	TARGET CORP	$2,072,000	+5.0%	13,960	-0.1%	0.68%	+14.8%
DIS	Buy	DISNEY WALT CO	$2,038,000	+7.3%	21,601	+7.3%	0.66%	+17.3%
BMY	Sell	BRISTOL-MYERS SQUIBB CO	$1,800,000	-8.0%	25,319	-0.4%	0.59%	+0.7%
INS	Buy	CORECARD CORPORATION	$1,796,000	-6.0%	82,488	+5.3%	0.58%	+2.6%
PEP	Sell	PEPSICO INC	$1,697,000	-6.7%	10,396	-4.7%	0.55%	+2.0%
FLS	Sell	FLOWSERVE CORP	$1,620,000	-16.2%	66,393	-1.7%	0.53%	-8.3%
AES	Sell	AES CORP	$1,608,000	+5.0%	71,134	-2.4%	0.52%	+14.9%
PPL	Sell	PPL CORP	$1,533,000	-9.6%	60,129	-3.8%	0.50%	-1.0%
CARR	Sell	CARRIER GLOBAL CORPORATION	$1,535,000	-5.9%	43,161	-5.6%	0.50%	+2.9%
T	Sell	AT&T INC	$1,425,000	-36.7%	92,877	-13.5%	0.46%	-30.8%
RTX	Sell	RAYTHEON TECHNOLOGIES CORP	$1,378,000	-16.1%	16,834	-1.5%	0.45%	-8.2%
	New	JACOBS SOLUTIONS INC	$1,341,000	–	12,331	–	0.44%	–
GOOGL	Buy	ALPHABET INCcap stk cl a	$1,310,000	-17.9%	13,700	+1771.6%	0.43%	-10.1%
RCI	Buy	ROGERS COMMUNICATIONS INCcl b	$1,147,000	-17.8%	29,612	+1.7%	0.37%	-10.1%
WFC	Sell	WELLS FARGO CO NEW	$1,126,000	+0.3%	28,004	-2.3%	0.37%	+9.6%
OTIS	Sell	OTIS WORLDWIDE CORP	$1,029,000	-15.0%	16,132	-5.9%	0.34%	-7.2%
PM	Sell	PHILIP MORRIS INTL INC	$962,000	-15.2%	11,425	-0.5%	0.31%	-7.1%
ADM	Sell	ARCHER DANIELS MIDLAND CO	$936,000	+2.0%	11,636	-1.6%	0.30%	+11.3%
	Sell	GENERAL ELECTRIC CO	$847,000	-4.0%	13,660	-1.4%	0.28%	+4.9%
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$839,000	-34.5%	74,023	-9.9%	0.27%	-28.3%
BP	Sell	BP PLCsponsored adr	$818,000	-1.8%	28,653	-2.4%	0.27%	+7.7%
NTRS	Sell	NORTHERN TR CORP	$699,000	-12.0%	8,107	-1.5%	0.23%	-3.8%
SMG	Buy	SCOTTS MIRACLE-GRO COcl a	$663,000	-34.6%	15,520	+21.0%	0.22%	-28.5%
NSC	Sell	NORFOLK SOUTHN CORP	$635,000	-17.5%	3,030	-10.5%	0.21%	-9.6%
PLXS	Sell	PLEXUS CORP	$626,000	+10.0%	7,150	-1.4%	0.20%	+20.0%
LIN	Sell	LINDE PLC	$622,000	-15.4%	2,306	-9.8%	0.20%	-7.3%
LMT	Buy	LOCKHEED MARTIN CORP	$579,000	-9.2%	1,498	+0.9%	0.19%	-0.5%
VEA	Sell	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$547,000	-63.5%	15,041	-59.1%	0.18%	-60.2%
LLY	Sell	LILLY ELI & CO	$481,000	-3.0%	1,489	-2.6%	0.16%	+6.1%
MO	Sell	ALTRIA GROUP INC	$458,000	-5.6%	11,101	-4.5%	0.15%	+2.8%
CNI	Sell	CANADIAN NATL RY CO	$452,000	-7.2%	4,190	-3.2%	0.15%	+1.4%
CHKP	Sell	CHECK POINT SOFTWARE TECH LTord	$447,000	-11.3%	3,987	-3.6%	0.15%	-2.7%
REGN	Sell	REGENERON PHARMACEUTICALS	$448,000	+10.9%	651	-4.8%	0.15%	+21.7%
VZ	Sell	VERIZON COMMUNICATIONS INC	$417,000	-26.1%	10,981	-1.2%	0.14%	-19.0%
OKE	Buy	ONEOK INC NEW	$399,000	+76.5%	7,779	+90.7%	0.13%	+94.0%
NKE	Sell	NIKE INCcl b	$334,000	-20.3%	4,000	-2.3%	0.11%	-12.8%
VTRS	Sell	VIATRIS INC	$305,000	-35.8%	35,807	-21.0%	0.10%	-30.3%
HIW	Buy	HIGHWOODS PPTYS INC	$262,000	+27.8%	9,715	+62.2%	0.08%	+39.3%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$255,000	-5.6%	1,111	-4.0%	0.08%	+3.8%
EEM	Sell	ISHARES TRmsci emg mkt etf	$256,000	-38.6%	7,340	-29.4%	0.08%	-33.1%
ORCL	Sell	ORACLE CORP	$246,000	-25.7%	4,033	-14.8%	0.08%	-19.2%
	Buy	ZIMVIE INC	$227,000	+17.0%	22,963	+89.9%	0.07%	+27.6%
D	Sell	DOMINION ENERGY INC	$225,000	-16.0%	3,254	-3.0%	0.07%	-8.8%
	Sell	WARNER BROS DISCOVERY INC	$143,000	-39.4%	12,428	-29.2%	0.05%	-32.9%
GSK	Exit	GLAXOSMITHKLINE ADR	$0	–	-4,616	–	-0.06%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINE	$0	–	-1,422	–	-0.06%	–
ECL	Exit	ECOLAB	$0	–	-1,365	–	-0.06%	–
GDX	Exit	VANECK GOLD MINERS ETF	$0	–	-8,097	–	-0.07%	–
OGN	Exit	ORGANON	$0	–	-7,963	–	-0.08%	–
VTI	Exit	VANGUARD US TOTAL STOCK MARKET	$0	–	-1,469	–	-0.08%	–
BSV	Exit	VANGUARD SHORT TERM BOND ETF	$0	–	-4,314	–	-0.10%	–
VYMI	Exit	VANGUARD WHITEHALL INTL HIGH D	$0	–	-6,509	–	-0.11%	–
J	Exit	JACOBS ENGINEERING	$0	–	-12,341	–	-0.47%	–

Q2 2022

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT	$15,310,000	–	59,613	–	4.56%	–
MRK	New	MERCK & CO	$12,256,000	–	134,431	–	3.65%	–
LKFN	New	LAKELAND FINANCIAL	$12,138,000	–	182,750	–	3.62%	–
AAPL	New	APPLE	$11,468,000	–	83,883	–	3.42%	–
MCD	New	MCDONALDS	$11,402,000	–	46,184	–	3.40%	–
JNJ	New	JOHNSON & JOHNSON	$10,481,000	–	59,043	–	3.12%	–
HD	New	HOME DEPOT	$10,157,000	–	37,033	–	3.03%	–
ABBV	New	ABBVIE	$9,542,000	–	62,303	–	2.84%	–
FELE	New	FRANKLIN ELECTRIC	$9,018,000	–	123,100	–	2.69%	–
ADP	New	AUTOMATIC DATA PROCESSING	$8,966,000	–	42,685	–	2.67%	–
WMT	New	WALMART STORES	$7,923,000	–	65,167	–	2.36%	–
KO	New	COCA COLA	$7,698,000	–	122,369	–	2.29%	–
PG	New	PROCTER & GAMBLE	$7,547,000	–	52,488	–	2.25%	–
KR	New	KROGER	$7,297,000	–	154,183	–	2.18%	–
ABT	New	ABBOTT LABS	$7,021,000	–	64,619	–	2.09%	–
CSCO	New	CISCO SYSTEMS	$6,795,000	–	159,346	–	2.02%	–
SYY	New	SYSCO	$6,101,000	–	72,024	–	1.82%	–
ACN	New	ACCENTURE PLC	$6,090,000	–	21,934	–	1.82%	–
MDT	New	MEDTRONIC PLC	$6,034,000	–	67,236	–	1.80%	–
PFE	New	PFIZER	$6,034,000	–	115,084	–	1.80%	–
EMR	New	EMERSON ELECTRIC	$5,952,000	–	74,824	–	1.77%	–
VTIP	New	VANGUARD SHORT-TERM TIPS ETF	$5,524,000	–	110,216	–	1.65%	–
MMM	New	3M	$5,406,000	–	41,778	–	1.61%	–
PWR	New	QUANTA SERVICES	$5,173,000	–	41,269	–	1.54%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$5,092,000	–	134,364	–	1.52%	–
NEE	New	NEXTERA ENERGY	$5,067,000	–	65,410	–	1.51%	–
XOM	New	EXXON MOBIL	$4,981,000	–	58,161	–	1.48%	–
USB	New	US BANCORP	$4,913,000	–	106,767	–	1.46%	–
AFL	New	AFLAC	$4,371,000	–	78,991	–	1.30%	–
SYK	New	STRYKER	$4,303,000	–	21,631	–	1.28%	–
GOOG	New	ALPHABET CLASS C	$4,292,000	–	1,962	–	1.28%	–
ZBH	New	ZIMMER BIOMET	$4,236,000	–	40,324	–	1.26%	–
GPC	New	GENUINE PARTS	$4,119,000	–	30,967	–	1.23%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS	$3,850,000	–	92,440	–	1.15%	–
JPM	New	JPMORGAN CHASE	$3,752,000	–	33,315	–	1.12%	–
INTC	New	INTEL	$3,737,000	–	99,889	–	1.11%	–
GILD	New	GILEAD SCIENCES	$3,699,000	–	59,849	–	1.10%	–
CINF	New	CINCINNATI FINANCIAL	$3,622,000	–	30,443	–	1.08%	–
FISV	New	FISERV	$3,151,000	–	35,411	–	0.94%	–
STLD	New	STEEL DYNAMICS	$2,934,000	–	44,356	–	0.87%	–
UPS	New	UNITED PARCEL SERVICE	$2,804,000	–	15,359	–	0.84%	–
CVX	New	CHEVRON	$2,330,000	–	16,094	–	0.69%	–
T	New	AT&T	$2,250,000	–	107,338	–	0.67%	–
FFIV	New	F5 NETWORKS	$2,243,000	–	14,655	–	0.67%	–
TGT	New	TARGET	$1,974,000	–	13,980	–	0.59%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,957,000	–	25,415	–	0.58%	–
FLS	New	FLOWSERVE	$1,934,000	–	67,559	–	0.58%	–
INS	New	CORECARD	$1,911,000	–	78,308	–	0.57%	–
DIS	New	DISNEY WALT	$1,900,000	–	20,132	–	0.57%	–
PEP	New	PEPSICO	$1,818,000	–	10,911	–	0.54%	–
PPL	New	PPL	$1,696,000	–	62,525	–	0.50%	–
RTX	New	RAYTHEON TECHNOLOGIES	$1,642,000	–	17,084	–	0.49%	–
CARR	New	CARRIER	$1,631,000	–	45,731	–	0.49%	–
BRKB	New	BERKSHIRE HATHAWAY B	$1,612,000	–	5,903	–	0.48%	–
APD	New	AIR PRODUCTS & CHEMICALS	$1,593,000	–	6,626	–	0.48%	–
GOOGL	New	ALPHABET CLASS A	$1,595,000	–	732	–	0.48%	–
J	New	JACOBS ENGINEERING	$1,569,000	–	12,341	–	0.47%	–
AES	New	AES CORP	$1,531,000	–	72,877	–	0.46%	–
VEA	New	VANGUARD DEVELOPED MARKETS ETF	$1,500,000	–	36,755	–	0.45%	–
CB	New	CHUBB	$1,459,000	–	7,421	–	0.44%	–
RCI	New	ROGERS COMMUNICATIONS	$1,395,000	–	29,126	–	0.42%	–
VOD	New	VODAFONE GROUP PLC	$1,280,000	–	82,180	–	0.38%	–
OTIS	New	OTIS WORLDWIDE	$1,211,000	–	17,136	–	0.36%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$1,134,000	–	11,485	–	0.34%	–
WFC	New	WELLS FARGO	$1,123,000	–	28,661	–	0.34%	–
SMG	New	SCOTTS MIRACLE-GRO	$1,013,000	–	12,825	–	0.30%	–
ADM	New	ARCHER DANIELS MIDLAND	$918,000	–	11,826	–	0.27%	–
	New	GENERAL ELECTRIC	$882,000	–	13,847	–	0.26%	–
ANTM	New	ANTHEM	$855,000	–	1,771	–	0.26%	–
BP	New	BP PLC ADR	$833,000	–	29,371	–	0.25%	–
NTRS	New	NORTHERN TRUST	$794,000	–	8,227	–	0.24%	–
NSC	New	NORFOLK SOUTHERN	$770,000	–	3,386	–	0.23%	–
LIN	New	LINDE PLC	$735,000	–	2,556	–	0.22%	–
KMB	New	KIMBERLY-CLARK	$715,000	–	5,291	–	0.21%	–
COST	New	COSTCO WHOLESALE	$699,000	–	1,458	–	0.21%	–
DG	New	DOLLAR GENERAL	$694,000	–	2,828	–	0.21%	–
GWW	New	GRAINGER WW	$671,000	–	1,476	–	0.20%	–
LMT	New	LOCKHEED MARTIN	$638,000	–	1,484	–	0.19%	–
PNC	New	PNC FINANCIAL SERVICES	$623,000	–	3,949	–	0.19%	–
CL	New	COLGATE-PALMOLIVE	$593,000	–	7,399	–	0.18%	–
PLXS	New	PLEXUS	$569,000	–	7,250	–	0.17%	–
VZ	New	VERIZON COMMUNICATIONS	$564,000	–	11,111	–	0.17%	–
CHKP	New	CHECK POINT SOFTWARE	$504,000	–	4,136	–	0.15%	–
LLY	New	LILLY ELI	$496,000	–	1,529	–	0.15%	–
MO	New	ALTRIA	$485,000	–	11,623	–	0.14%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$487,000	–	4,330	–	0.14%	–
VTRS	New	VIATRIS	$475,000	–	45,332	–	0.14%	–
NKE	New	NIKE	$419,000	–	4,096	–	0.12%	–
EEM	New	ISHARES MSCI EMERGING MARKET E	$417,000	–	10,393	–	0.12%	–
SPY	New	S&P 500 INDEX ETF	$414,000	–	1,097	–	0.12%	–
NUE	New	NUCOR	$410,000	–	3,927	–	0.12%	–
BRKA	New	BERKSHIRE HATHAWAY A	$409,000	–	1	–	0.12%	–
REGN	New	REGENERON PHARMACEUTICALS	$404,000	–	684	–	0.12%	–
BKH	New	BLACK HILLS	$399,000	–	5,480	–	0.12%	–
VYMI	New	VANGUARD WHITEHALL INTL HIGH D	$383,000	–	6,509	–	0.11%	–
SHW	New	SHERWIN WILLIAMS	$370,000	–	1,651	–	0.11%	–
V	New	VISA	$369,000	–	1,876	–	0.11%	–
ITW	New	ILLINOIS TOOL WORKS	$359,000	–	1,972	–	0.11%	–
FRME	New	FIRST MERCHANTS	$346,000	–	9,718	–	0.10%	–
ORCL	New	ORACLE	$331,000	–	4,733	–	0.10%	–
BSV	New	VANGUARD SHORT TERM BOND ETF	$331,000	–	4,314	–	0.10%	–
SHM	New	SPDR SER TR NUVEEN BLMBRG SR	$297,000	–	6,283	–	0.09%	–
VTI	New	VANGUARD US TOTAL STOCK MARKET	$277,000	–	1,469	–	0.08%	–
OGN	New	ORGANON	$269,000	–	7,963	–	0.08%	–
STZ	New	CONSTELLATION BRANDS	$270,000	–	1,157	–	0.08%	–
D	New	DOMINION ENERGY	$268,000	–	3,354	–	0.08%	–
MAT	New	MATTEL	$237,000	–	10,600	–	0.07%	–
CAT	New	CATERPILLAR	$235,000	–	1,317	–	0.07%	–
EPI	New	WISDOMTREE TREE INDIA EARNINGS	$234,000	–	7,900	–	0.07%	–
	New	WARNER BROS DISCOVERY	$236,000	–	17,563	–	0.07%	–
CTAS	New	CINTAS	$224,000	–	600	–	0.07%	–
OKE	New	ONEOK NEW	$226,000	–	4,079	–	0.07%	–
COP	New	CONOCOPHILLIPS	$223,000	–	2,488	–	0.07%	–
GDX	New	VANECK GOLD MINERS ETF	$222,000	–	8,097	–	0.07%	–
CVS	New	CVS/CAREMARK	$213,000	–	2,302	–	0.06%	–
ECL	New	ECOLAB	$210,000	–	1,365	–	0.06%	–
HIW	New	HIGHWOODS PROPERTIES	$205,000	–	5,990	–	0.06%	–
GSK	New	GLAXOSMITHKLINE ADR	$201,000	–	4,616	–	0.06%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE	$201,000	–	1,422	–	0.06%	–
	New	ZIMVIE	$194,000	–	12,089	–	0.06%	–
VRA	New	VERA BRADLEY	$170,000	–	39,283	–	0.05%	–

Q4 2021

			Value		Shares		↓ Weighting
MAT	Exit	MATTEL	$0	–	-10,600	–	-0.06%	–
MUB	Exit	ISHARES TR NATIONAL MUN ETF	$0	–	-1,729	–	-0.06%	–
MCO	Exit	MOODYS	$0	–	-600	–	-0.06%	–
BABA	Exit	ALIBABA GROUP ADS	$0	–	-1,441	–	-0.06%	–
TSM	Exit	TAIWAN SEMICONDUCTOR ADR	$0	–	-1,976	–	-0.06%	–
CTAS	Exit	CINTAS	$0	–	-600	–	-0.06%	–
GDX	Exit	VANECK GOLD MINERS ETF	$0	–	-8,097	–	-0.07%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-1,157	–	-0.07%	–
D	Exit	DOMINION ENERGY	$0	–	-3,354	–	-0.07%	–
CAT	Exit	CATERPILLAR	$0	–	-1,317	–	-0.07%	–
AMZN	Exit	AMAZON.COM	$0	–	-77	–	-0.07%	–
TLT	Exit	ISHARES 20YR TREASURY BOND ETF	$0	–	-1,760	–	-0.07%	–
FB	Exit	FACEBOOK	$0	–	-760	–	-0.07%	–
IWP	Exit	ISHARES RUSSELL MID-CAP GROWTH	$0	–	-2,356	–	-0.07%	–
ECL	Exit	ECOLAB	$0	–	-1,365	–	-0.08%	–
EPI	Exit	WISDOMTREE TREE INDIA EARNINGS	$0	–	-7,900	–	-0.08%	–
SHM	Exit	SPDR SER TR NUVEEN BLMBRG SR	$0	–	-6,283	–	-0.09%	–
VTI	Exit	VANGUARD TOTAL STOCK MARKET ET	$0	–	-1,410	–	-0.09%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.09%	–
VRA	Exit	VERA BRADLEY	$0	–	-36,683	–	-0.10%	–
LLY	Exit	LILLY ELI	$0	–	-1,549	–	-0.10%	–
VYMI	Exit	VANGUARD WHITEHALL INTL HIGH D	$0	–	-5,621	–	-0.10%	–
VGSH	Exit	VANGUARD SCOTTSDALE FD SHORT T	$0	–	-6,100	–	-0.10%	–
NUE	Exit	NUCOR	$0	–	-4,127	–	-0.11%	–
V	Exit	VISA	$0	–	-1,831	–	-0.11%	–
FRME	Exit	FIRST MERCHANTS	$0	–	-9,718	–	-0.11%	–
OGN	Exit	ORGANON	$0	–	-12,459	–	-0.11%	–
BRKA	Exit	BERKSHIRE HATHAWAY A	$0	–	-1	–	-0.11%	–
DG	Exit	DOLLAR GENERAL	$0	–	-1,937	–	-0.11%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-2,008	–	-0.12%	–
ORCL	Exit	ORACLE	$0	–	-4,733	–	-0.12%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-3,890	–	-0.12%	–
SPY	Exit	S&P 500 INDEX ETF	$0	–	-1,097	–	-0.13%	–
MO	Exit	ALTRIA	$0	–	-11,563	–	-0.15%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-4,665	–	-0.15%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,449	–	-0.16%	–
GWW	Exit	GRAINGER WW	$0	–	-1,481	–	-0.16%	–
NKE	Exit	NIKE	$0	–	-4,123	–	-0.17%	–
PLXS	Exit	PLEXUS	$0	–	-7,250	–	-0.18%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-1,473	–	-0.18%	–
ANTM	Exit	ANTHEM	$0	–	-1,771	–	-0.18%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-12,420	–	-0.19%	–
VTRS	Exit	VIATRIS	$0	–	-51,531	–	-0.19%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,291	–	-0.20%	–
PNC	Exit	PNC FINANCIAL SERVICES	$0	–	-4,079	–	-0.22%	–
LIN	Exit	LINDE PLC	$0	–	-2,746	–	-0.22%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-3,386	–	-0.22%	–
ADM	Exit	ARCHER DANIELS MIDLAND	$0	–	-13,636	–	-0.23%	–
EEM	Exit	ISHARES MSCI EMERGING MARKET E	$0	–	-16,381	–	-0.23%	–
BP	Exit	BP PLC ADR	$0	–	-30,661	–	-0.23%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-8,838	–	-0.26%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-11,485	–	-0.30%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-26,866	–	-0.35%	–
AES	Exit	AES CORP	$0	–	-55,640	–	-0.35%	–
CB	Exit	CHUBB	$0	–	-7,811	–	-0.38%	–
WFC	Exit	WELLS FARGO	$0	–	-29,671	–	-0.38%	–
BSV	Exit	VANGUARD SHORT TERM BOND ETF	$0	–	-16,914	–	-0.38%	–
OTIS	Exit	OTIS WORLDWIDE	$0	–	-17,685	–	-0.40%	–
INS	Exit	INTELLIGENT SYSTEMS	$0	–	-36,453	–	-0.41%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-25,448	–	-0.42%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-97,864	–	-0.42%	–
RTX	Exit	RAYTHEON TECHNOLOGIES	$0	–	-17,809	–	-0.43%	–
	Exit	GENERAL ELECTRIC	$0	–	-14,930	–	-0.43%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-5,920	–	-0.45%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-6,626	–	-0.47%	–
PEP	Exit	PEPSICO	$0	–	-11,613	–	-0.49%	–
CVX	Exit	CHEVRON	$0	–	-17,689	–	-0.50%	–
PPL	Exit	PPL	$0	–	-64,561	–	-0.50%	–
VEA	Exit	VANGUARD DEVELOPED MARKETS ETF	$0	–	-37,536	–	-0.53%	–
J	Exit	JACOBS ENGINEERING	$0	–	-15,218	–	-0.56%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-11,321	–	-0.57%	–
FLS	Exit	FLOWSERVE	$0	–	-60,464	–	-0.58%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-824	–	-0.61%	–
CARR	Exit	CARRIER	$0	–	-43,706	–	-0.63%	–
DIS	Exit	DISNEY WALT	$0	–	-13,749	–	-0.65%	–
FFIV	Exit	F5 NETWORKS	$0	–	-12,795	–	-0.71%	–
FISV	Exit	FISERV	$0	–	-24,672	–	-0.74%	–
T	Exit	AT&T	$0	–	-107,493	–	-0.81%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-53,695	–	-0.87%	–
TGT	Exit	TARGET	$0	–	-14,163	–	-0.90%	–
XOM	Exit	EXXON MOBIL	$0	–	-60,938	–	-1.00%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-31,869	–	-1.01%	–
GPC	Exit	GENUINE PARTS	$0	–	-33,248	–	-1.12%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-60,233	–	-1.17%	–
AFL	Exit	AFLAC	$0	–	-82,951	–	-1.20%	–
PWR	Exit	QUANTA SERVICES	$0	–	-42,411	–	-1.34%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS	$0	–	-98,554	–	-1.37%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,868	–	-1.38%	–
PFE	Exit	PFIZER	$0	–	-119,439	–	-1.43%	–
INTC	Exit	INTEL	$0	–	-97,592	–	-1.45%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-31,965	–	-1.46%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-67,401	–	-1.47%	–
VTIP	Exit	VANGUARD SHORT-TERM TIPS ETF	$0	–	-101,870	–	-1.49%	–
ZBH	Exit	ZIMMER BIOMET	$0	–	-39,138	–	-1.59%	–
SYK	Exit	STRYKER	$0	–	-22,005	–	-1.61%	–
SYY	Exit	SYSCO	$0	–	-75,817	–	-1.66%	–
USB	Exit	US BANCORP	$0	–	-103,175	–	-1.70%	–
KR	Exit	KROGER	$0	–	-157,926	–	-1.78%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-136,204	–	-1.78%	–
KO	Exit	COCA COLA	$0	–	-132,976	–	-1.94%	–
MMM	Exit	3M	$0	–	-40,204	–	-1.96%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-75,343	–	-1.97%	–
ABBV	Exit	ABBVIE	$0	–	-66,111	–	-1.98%	–
ACN	Exit	ACCENTURE PLC	$0	–	-23,818	–	-2.12%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-55,178	–	-2.14%	–
ABT	Exit	ABBOTT LABS	$0	–	-66,941	–	-2.20%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-65,825	–	-2.29%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-44,553	–	-2.48%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-165,846	–	-2.51%	–
WMT	Exit	WALMART STORES	$0	–	-67,140	–	-2.60%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-59,371	–	-2.67%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-129,754	–	-2.88%	–
MRK	Exit	MERCK & CO	$0	–	-139,795	–	-2.92%	–
MCD	Exit	MCDONALDS	$0	–	-47,385	–	-3.18%	–
AAPL	Exit	APPLE	$0	–	-84,898	–	-3.34%	–
HD	Exit	HOME DEPOT	$0	–	-38,141	–	-3.48%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-195,520	–	-3.87%	–
MSFT	Exit	MICROSOFT	$0	–	-60,953	–	-4.78%	–

Q3 2021

			Value		Shares		↓ Weighting
MSFT	Buy	MICROSOFT	$17,184,000	+6.4%	60,953	+2.3%	4.78%	+3.6%
LKFN	Sell	LAKELAND FINANCIAL	$13,929,000	+14.9%	195,520	-0.6%	3.87%	+11.8%
HD	Buy	HOME DEPOT	$12,520,000	+5.8%	38,141	+2.8%	3.48%	+2.9%
AAPL	Buy	APPLE	$12,013,000	+10.5%	84,898	+6.9%	3.34%	+7.5%
MCD	Buy	MCDONALDS	$11,425,000	+4.6%	47,385	+0.2%	3.18%	+1.8%
MRK	Buy	MERCK & CO	$10,500,000	-2.7%	139,795	+0.7%	2.92%	-5.3%
FELE	Sell	FRANKLIN ELECTRIC	$10,361,000	-1.7%	129,754	-0.8%	2.88%	-4.3%
JNJ	Buy	JOHNSON & JOHNSON	$9,588,000	-1.7%	59,371	+0.3%	2.67%	-4.3%
WMT	Sell	WALMART STORES	$9,358,000	-1.4%	67,140	-0.2%	2.60%	-4.1%
CSCO	Sell	CISCO SYSTEMS	$9,027,000	+1.9%	165,846	-0.8%	2.51%	-0.8%
ADP	Sell	AUTOMATIC DATA PROCESSING	$8,907,000	-0.1%	44,553	-0.7%	2.48%	-2.7%
MDT	Sell	MEDTRONIC PLC	$8,251,000	-2.1%	65,825	-3.0%	2.29%	-4.7%
ABT	Buy	ABBOTT LABS	$7,908,000	+2.5%	66,941	+0.6%	2.20%	-0.3%
PG	Buy	PROCTER & GAMBLE	$7,714,000	+6.2%	55,178	+2.5%	2.14%	+3.4%
ACN	Sell	ACCENTURE PLC	$7,620,000	+5.8%	23,818	-2.5%	2.12%	+3.0%
ABBV	Buy	ABBVIE	$7,131,000	-1.0%	66,111	+3.4%	1.98%	-3.6%
EMR	Sell	EMERSON ELECTRIC	$7,097,000	-3.4%	75,343	-1.3%	1.97%	-6.0%
MMM	Buy	3M	$7,053,000	-10.1%	40,204	+1.8%	1.96%	-12.5%
KO	Buy	COCA COLA	$6,977,000	-2.6%	132,976	+0.5%	1.94%	-5.2%
WBA	Buy	WALGREENS BOOTS ALLIANCE	$6,408,000	-9.0%	136,204	+1.8%	1.78%	-11.4%
KR	Buy	KROGER	$6,385,000	+6.1%	157,926	+0.5%	1.78%	+3.2%
USB	Buy	US BANCORP	$6,133,000	+4.5%	103,175	+0.2%	1.70%	+1.7%
SYY	Sell	SYSCO	$5,952,000	+0.2%	75,817	-0.8%	1.66%	-2.5%
SYK	Sell	STRYKER	$5,803,000	+0.6%	22,005	-0.9%	1.61%	-2.1%
ZBH	Buy	ZIMMER BIOMET	$5,728,000	-8.2%	39,138	+0.9%	1.59%	-10.7%
VTIP	Buy	VANGUARD SHORT-TERM TIPS ETF	$5,356,000	+78.3%	101,870	+77.8%	1.49%	+73.5%
NEE	Buy	NEXTERA ENERGY	$5,292,000	+13.4%	67,401	+5.9%	1.47%	+10.4%
JPM	Buy	JPMORGAN CHASE	$5,232,000	+12.8%	31,965	+7.2%	1.46%	+9.7%
INTC	Sell	INTEL	$5,200,000	-5.4%	97,592	-0.3%	1.45%	-8.0%
PFE	Buy	PFIZER	$5,137,000	+10.4%	119,439	+0.5%	1.43%	+7.4%
GOOG	Buy	ALPHABET CLASS C	$4,979,000	+7.4%	1,868	+1.0%	1.38%	+4.5%
VWO	Buy	VANGUARD FTSE EMERGING MARKETS	$4,929,000	-4.4%	98,554	+3.8%	1.37%	-7.0%
PWR	Sell	QUANTA SERVICES	$4,827,000	+25.0%	42,411	-0.6%	1.34%	+21.6%
AFL	Sell	AFLAC	$4,324,000	-3.4%	82,951	-0.6%	1.20%	-6.1%
GILD	Sell	GILEAD SCIENCES	$4,207,000	-5.4%	60,233	-6.7%	1.17%	-7.9%
GPC	Sell	GENUINE PARTS	$4,031,000	-5.2%	33,248	-1.2%	1.12%	-7.8%
CINF	Sell	CINCINNATI FINANCIAL	$3,640,000	-3.0%	31,869	-0.9%	1.01%	-5.6%
XOM	Sell	EXXON MOBIL	$3,584,000	-7.2%	60,938	-0.5%	1.00%	-9.7%
TGT	Sell	TARGET	$3,240,000	-6.7%	14,163	-1.4%	0.90%	-9.2%
STLD	Sell	STEEL DYNAMICS	$3,140,000	-3.9%	53,695	-2.1%	0.87%	-6.5%
T	Sell	AT&T	$2,903,000	-7.5%	107,493	-1.4%	0.81%	-10.0%
FISV	Buy	FISERV	$2,677,000	+6.4%	24,672	+4.8%	0.74%	+3.5%
FFIV	Buy	F5 NETWORKS	$2,543,000	+9.0%	12,795	+2.3%	0.71%	+6.0%
DIS	Buy	DISNEY WALT	$2,326,000	+1.5%	13,749	+5.5%	0.65%	-1.2%
CARR	Buy	CARRIER	$2,262,000	+7.1%	43,706	+0.6%	0.63%	+4.1%
GOOGL	Buy	ALPHABET CLASS A	$2,203,000	+15.9%	824	+5.9%	0.61%	+12.9%
FLS	Sell	FLOWSERVE	$2,096,000	-16.2%	60,464	-2.5%	0.58%	-18.3%
UPS	Buy	UNITED PARCEL SERVICE	$2,062,000	-2.7%	11,321	+11.0%	0.57%	-5.4%
J	Sell	JACOBS ENGINEERING	$2,017,000	-2.8%	15,218	-2.2%	0.56%	-5.4%
VEA	Buy	VANGUARD DEVELOPED MARKETS ETF	$1,895,000	+1.1%	37,536	+3.1%	0.53%	-1.7%
PPL	Buy	PPL	$1,800,000	+1.2%	64,561	+1.5%	0.50%	-1.6%
CVX	Sell	CHEVRON	$1,795,000	-3.4%	17,689	-0.3%	0.50%	-6.0%
PEP	Buy	PEPSICO	$1,747,000	+16.9%	11,613	+15.2%	0.49%	+13.8%
BRKB	Buy	BERKSHIRE HATHAWAY B	$1,616,000	+5.5%	5,920	+7.4%	0.45%	+2.5%
	New	GENERAL ELECTRIC	$1,538,000	–	14,930	–	0.43%	–
RTX	Sell	RAYTHEON TECHNOLOGIES	$1,531,000	-0.9%	17,809	-1.6%	0.43%	-3.4%
VOD	Sell	VODAFONE GROUP PLC	$1,512,000	-11.4%	97,864	-1.8%	0.42%	-13.9%
INS	Buy	INTELLIGENT SYSTEMS	$1,480,000	+39.8%	36,453	+8.3%	0.41%	+36.0%
OTIS	Sell	OTIS WORLDWIDE	$1,455,000	-0.3%	17,685	-0.9%	0.40%	-2.9%
BSV	Buy	VANGUARD SHORT TERM BOND ETF	$1,386,000	+90.1%	16,914	+90.5%	0.38%	+85.1%
WFC	Sell	WELLS FARGO	$1,377,000	+2.2%	29,671	-0.3%	0.38%	-0.5%
CB	Sell	CHUBB	$1,355,000	+8.9%	7,811	-0.2%	0.38%	+6.2%
AES	Buy	AES CORP	$1,270,000	-6.1%	55,640	+7.3%	0.35%	-8.5%
RCI	Buy	ROGERS COMMUNICATIONS	$1,253,000	-9.5%	26,866	+3.2%	0.35%	-11.9%
BP	Sell	BP PLC ADR	$838,000	+2.4%	30,661	-1.0%	0.23%	-0.4%
EEM	Buy	ISHARES MSCI EMERGING MARKET E	$825,000	+3.9%	16,381	+13.8%	0.23%	+0.9%
ADM	Buy	ARCHER DANIELS MIDLAND	$818,000	+1.4%	13,636	+2.4%	0.23%	-1.7%
LIN	Sell	LINDE PLC	$806,000	+0.4%	2,746	-1.1%	0.22%	-2.2%
VTRS	Sell	VIATRIS	$698,000	-5.5%	51,531	-0.4%	0.19%	-8.1%
VZ	Buy	VERIZON COMMUNICATIONS	$671,000	+2.4%	12,420	+6.2%	0.19%	0.0%
ANTM	Buy	ANTHEM	$660,000	-1.5%	1,771	+0.9%	0.18%	-3.7%
NKE	Buy	NIKE	$599,000	+42.3%	4,123	+51.4%	0.17%	+39.2%
GWW	Sell	GRAINGER WW	$582,000	-10.9%	1,481	-0.7%	0.16%	-13.4%
CNI	Sell	CANADIAN NATIONAL RAILWAY	$540,000	+8.4%	4,665	-1.1%	0.15%	+5.6%
CHKP	Sell	CHECK POINT SOFTWARE	$440,000	-2.7%	3,890	-0.1%	0.12%	-5.4%
ORCL	Buy	ORACLE	$412,000	+60.3%	4,733	+43.4%	0.12%	+57.5%
OGN	Sell	ORGANON	$409,000	-2.4%	12,459	-10.0%	0.11%	-5.0%
V	New	VISA	$408,000	–	1,831	–	0.11%	–
VGSH	New	VANGUARD SCOTTSDALE FD SHORT T	$375,000	–	6,100	–	0.10%	–
VYMI	New	VANGUARD WHITEHALL INTL HIGH D	$371,000	–	5,621	–	0.10%	–
LLY	Sell	LILLY ELI	$358,000	-7.0%	1,549	-7.7%	0.10%	-9.1%
VRA	Sell	VERA BRADLEY	$345,000	-26.1%	36,683	-2.7%	0.10%	-27.8%
VTI	Buy	VANGUARD TOTAL STOCK MARKET ET	$313,000	+31.5%	1,410	+32.1%	0.09%	+27.9%
SHM	New	SPDR SER TR NUVEEN BLMBRG SR	$310,000	–	6,283	–	0.09%	–
ECL	Sell	ECOLAB	$285,000	+0.7%	1,365	-0.5%	0.08%	-2.5%
IWP	New	ISHARES RUSSELL MID-CAP GROWTH	$264,000	–	2,356	–	0.07%	–
AMZN	Buy	AMAZON.COM	$253,000	+2.0%	77	+6.9%	0.07%	-1.4%
D	New	DOMINION ENERGY	$245,000	–	3,354	–	0.07%	–
STZ	Sell	CONSTELLATION BRANDS	$244,000	-13.5%	1,157	-4.1%	0.07%	-16.0%
TSM	New	TAIWAN SEMICONDUCTOR ADR	$221,000	–	1,976	–	0.06%	–
BABA	Sell	ALIBABA GROUP ADS	$213,000	-55.9%	1,441	-32.3%	0.06%	-57.2%
MUB	New	ISHARES TR NATIONAL MUN ETF	$201,000	–	1,729	–	0.06%	–
AMAT	Exit	APPLIED MATERIALS	$0	–	-1,500	–	-0.06%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-120,387	–	-0.46%	–

Q2 2021

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT	$16,145,000	–	59,596	–	4.61%	–
LKFN	New	LAKELAND FINANCIAL	$12,121,000	–	196,645	–	3.46%	–
HD	New	HOME DEPOT	$11,835,000	–	37,112	–	3.38%	–
MCD	New	MCDONALDS	$10,921,000	–	47,281	–	3.12%	–
AAPL	New	APPLE	$10,873,000	–	79,387	–	3.11%	–
MRK	New	MERCK & CO	$10,792,000	–	138,766	–	3.08%	–
FELE	New	FRANKLIN ELECTRIC	$10,542,000	–	130,762	–	3.01%	–
JNJ	New	JOHNSON & JOHNSON	$9,751,000	–	59,189	–	2.79%	–
WMT	New	WALMART STORES	$9,489,000	–	67,288	–	2.71%	–
ADP	New	AUTOMATIC DATA PROCESSING	$8,913,000	–	44,875	–	2.55%	–
CSCO	New	CISCO SYSTEMS	$8,857,000	–	167,107	–	2.53%	–
MDT	New	MEDTRONIC PLC	$8,424,000	–	67,865	–	2.41%	–
MMM	New	3M	$7,847,000	–	39,505	–	2.24%	–
ABT	New	ABBOTT LABS	$7,715,000	–	66,549	–	2.20%	–
EMR	New	EMERSON ELECTRIC	$7,348,000	–	76,350	–	2.10%	–
PG	New	PROCTER & GAMBLE	$7,262,000	–	53,819	–	2.08%	–
ABBV	New	ABBVIE	$7,202,000	–	63,936	–	2.06%	–
ACN	New	ACCENTURE PLC	$7,200,000	–	24,424	–	2.06%	–
KO	New	COCA COLA	$7,161,000	–	132,342	–	2.05%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$7,039,000	–	133,794	–	2.01%	–
ZBH	New	ZIMMER BIOMET	$6,241,000	–	38,807	–	1.78%	–
KR	New	KROGER	$6,019,000	–	157,105	–	1.72%	–
SYY	New	SYSCO	$5,943,000	–	76,432	–	1.70%	–
USB	New	US BANCORP	$5,867,000	–	102,976	–	1.68%	–
SYK	New	STRYKER	$5,767,000	–	22,205	–	1.65%	–
INTC	New	INTEL	$5,497,000	–	97,916	–	1.57%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS	$5,158,000	–	94,982	–	1.47%	–
NEE	New	NEXTERA ENERGY	$4,666,000	–	63,673	–	1.33%	–
PFE	New	PFIZER	$4,652,000	–	118,807	–	1.33%	–
JPM	New	JPMORGAN CHASE	$4,639,000	–	29,828	–	1.33%	–
GOOG	New	ALPHABET CLASS C	$4,637,000	–	1,850	–	1.32%	–
AFL	New	AFLAC	$4,478,000	–	83,456	–	1.28%	–
GILD	New	GILEAD SCIENCES	$4,445,000	–	64,553	–	1.27%	–
GPC	New	GENUINE PARTS	$4,254,000	–	33,636	–	1.22%	–
XOM	New	EXXON MOBIL	$3,864,000	–	61,250	–	1.10%	–
PWR	New	QUANTA SERVICES	$3,863,000	–	42,652	–	1.10%	–
CINF	New	CINCINNATI FINANCIAL	$3,751,000	–	32,167	–	1.07%	–
TGT	New	TARGET	$3,471,000	–	14,359	–	0.99%	–
STLD	New	STEEL DYNAMICS	$3,269,000	–	54,841	–	0.93%	–
T	New	AT&T	$3,138,000	–	109,020	–	0.90%	–
VTIP	New	VANGUARD SHORT-TERM TIPS ETF	$3,004,000	–	57,308	–	0.86%	–
FISV	New	FISERV	$2,517,000	–	23,550	–	0.72%	–
FLS	New	FLOWSERVE	$2,500,000	–	61,994	–	0.71%	–
FFIV	New	F5 NETWORKS	$2,334,000	–	12,504	–	0.67%	–
DIS	New	DISNEY WALT	$2,291,000	–	13,033	–	0.66%	–
UPS	New	UNITED PARCEL SERVICE	$2,120,000	–	10,196	–	0.61%	–
CARR	New	CARRIER	$2,112,000	–	43,454	–	0.60%	–
J	New	JACOBS ENGINEERING	$2,075,000	–	15,555	–	0.59%	–
APD	New	AIR PRODUCTS & CHEMICALS	$1,906,000	–	6,626	–	0.54%	–
GOOGL	New	ALPHABET CLASS A	$1,900,000	–	778	–	0.54%	–
VEA	New	VANGUARD DEVELOPED MARKETS ETF	$1,875,000	–	36,395	–	0.54%	–
CVX	New	CHEVRON	$1,859,000	–	17,744	–	0.53%	–
PPL	New	PPL	$1,778,000	–	63,578	–	0.51%	–
VOD	New	VODAFONE GROUP PLC	$1,707,000	–	99,663	–	0.49%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,700,000	–	25,448	–	0.49%	–
GE	New	GENERAL ELECTRIC	$1,620,000	–	120,387	–	0.46%	–
RTX	New	RAYTHEON TECHNOLOGIES	$1,545,000	–	18,107	–	0.44%	–
BRKB	New	BERKSHIRE HATHAWAY B	$1,532,000	–	5,511	–	0.44%	–
PEP	New	PEPSICO	$1,494,000	–	10,082	–	0.43%	–
OTIS	New	OTIS WORLDWIDE	$1,459,000	–	17,839	–	0.42%	–
RCI	New	ROGERS COMMUNICATIONS	$1,384,000	–	26,037	–	0.40%	–
AES	New	AES CORP	$1,352,000	–	51,850	–	0.39%	–
WFC	New	WELLS FARGO	$1,348,000	–	29,771	–	0.38%	–
CB	New	CHUBB	$1,244,000	–	7,827	–	0.36%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$1,138,000	–	11,485	–	0.32%	–
INS	New	INTELLIGENT SYSTEMS	$1,059,000	–	33,658	–	0.30%	–
NTRS	New	NORTHERN TRUST	$1,022,000	–	8,838	–	0.29%	–
NSC	New	NORFOLK SOUTHERN	$899,000	–	3,386	–	0.26%	–
BP	New	BP PLC ADR	$818,000	–	30,961	–	0.23%	–
ADM	New	ARCHER DANIELS MIDLAND	$807,000	–	13,321	–	0.23%	–
LIN	New	LINDE PLC	$803,000	–	2,776	–	0.23%	–
EEM	New	ISHARES MSCI EMERGING MARKET E	$794,000	–	14,394	–	0.23%	–
PNC	New	PNC FINANCIAL SERVICES	$778,000	–	4,079	–	0.22%	–
VTRS	New	VIATRIS	$739,000	–	51,718	–	0.21%	–
BSV	New	VANGUARD SHORT TERM BOND ETF	$729,000	–	8,878	–	0.21%	–
KMB	New	KIMBERLY-CLARK	$708,000	–	5,291	–	0.20%	–
ANTM	New	ANTHEM	$670,000	–	1,755	–	0.19%	–
PLXS	New	PLEXUS	$663,000	–	7,250	–	0.19%	–
GWW	New	GRAINGER WW	$653,000	–	1,492	–	0.19%	–
VZ	New	VERIZON COMMUNICATIONS	$655,000	–	11,698	–	0.19%	–
CL	New	COLGATE-PALMOLIVE	$606,000	–	7,449	–	0.17%	–
COST	New	COSTCO WHOLESALE	$583,000	–	1,473	–	0.17%	–
MO	New	ALTRIA	$551,000	–	11,563	–	0.16%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$498,000	–	4,715	–	0.14%	–
BABA	New	ALIBABA GROUP ADS	$483,000	–	2,130	–	0.14%	–
SPY	New	S&P 500 INDEX ETF	$470,000	–	1,097	–	0.13%	–
VRA	New	VERA BRADLEY	$467,000	–	37,683	–	0.13%	–
CHKP	New	CHECK POINT SOFTWARE	$452,000	–	3,893	–	0.13%	–
ITW	New	ILLINOIS TOOL WORKS	$449,000	–	2,008	–	0.13%	–
NKE	New	NIKE	$421,000	–	2,723	–	0.12%	–
DG	New	DOLLAR GENERAL	$419,000	–	1,937	–	0.12%	–
BRKA	New	BERKSHIRE HATHAWAY A	$419,000	–	1	–	0.12%	–
OGN	New	ORGANON & CO	$419,000	–	13,845	–	0.12%	–
FRME	New	FIRST MERCHANTS	$405,000	–	9,718	–	0.12%	–
NUE	New	NUCOR	$396,000	–	4,127	–	0.11%	–
LLY	New	LILLY ELI	$385,000	–	1,679	–	0.11%	–
BKH	New	BLACK HILLS	$354,000	–	5,400	–	0.10%	–
CAT	New	CATERPILLAR	$287,000	–	1,317	–	0.08%	–
STZ	New	CONSTELLATION BRANDS	$282,000	–	1,207	–	0.08%	–
ECL	New	ECOLAB	$283,000	–	1,372	–	0.08%	–
GDX	New	VANECK GOLD MINERS ETF	$275,000	–	8,097	–	0.08%	–
EPI	New	WISDOMTREE TREE INDIA EARNINGS	$267,000	–	7,900	–	0.08%	–
FB	New	FACEBOOK	$264,000	–	760	–	0.08%	–
TLT	New	ISHARES 20YR TREASURY BOND ETF	$254,000	–	1,760	–	0.07%	–
ORCL	New	ORACLE	$257,000	–	3,300	–	0.07%	–
AMZN	New	AMAZON.COM	$248,000	–	72	–	0.07%	–
VTI	New	VANGUARD TOTAL STOCK MARKET ET	$238,000	–	1,067	–	0.07%	–
CTAS	New	CINTAS	$229,000	–	600	–	0.06%	–
MCO	New	MOODYS	$217,000	–	600	–	0.06%	–
MAT	New	MATTEL	$213,000	–	10,600	–	0.06%	–
AMAT	New	APPLIED MATERIALS	$214,000	–	1,500	–	0.06%	–

Q4 2020

			Value		Shares		↓ Weighting
MAT	Exit	MATTEL	$0	–	-12,600	–	-0.05%	–
CAT	Exit	CATERPILLAR	$0	–	-1,417	–	-0.07%	–
ORCL	Exit	ORACLE	$0	–	-3,500	–	-0.07%	–
FB	Exit	FACEBOOK	$0	–	-810	–	-0.07%	–
AMZN	Exit	AMAZON.COM	$0	–	-70	–	-0.08%	–
FRME	Exit	FIRST MERCHANTS	$0	–	-9,918	–	-0.08%	–
LLY	Exit	LILLY ELI	$0	–	-1,729	–	-0.09%	–
VRA	Exit	VERA BRADLEY	$0	–	-43,483	–	-0.09%	–
ECL	Exit	ECOLAB	$0	–	-1,372	–	-0.10%	–
TLT	Exit	ISHARES 20YR TREASURY BOND ETF	$0	–	-1,760	–	-0.10%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.10%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-1,607	–	-0.11%	–
GDX	Exit	VANECK GOLD MINERS ETF	$0	–	-8,097	–	-0.11%	–
BRKA	Exit	BERKSHIRE HATHAWAY A	$0	–	-1	–	-0.11%	–
NKE	Exit	NIKE	$0	–	-2,680	–	-0.12%	–
SPY	Exit	S&P 500 INDEX ETF	$0	–	-1,082	–	-0.13%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-2,008	–	-0.14%	–
DG	Exit	DOLLAR GENERAL	$0	–	-1,937	–	-0.14%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-3,497	–	-0.15%	–
PNC	Exit	PNC FINANCIAL SERVICES	$0	–	-4,079	–	-0.16%	–
COST	Exit	COSTCO WHOLESALE	$0	–	-1,473	–	-0.18%	–
ANTM	Exit	ANTHEM	$0	–	-1,960	–	-0.18%	–
GWW	Exit	GRAINGER WW	$0	–	-1,492	–	-0.18%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-5,015	–	-0.19%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,449	–	-0.20%	–
BP	Exit	BP PLC ADR	$0	–	-35,122	–	-0.21%	–
MO	Exit	ALTRIA	$0	–	-15,934	–	-0.21%	–
EEM	Exit	ISHARES MSCI EMERGING MARKET E	$0	–	-13,997	–	-0.21%	–
PLXS	Exit	PLEXUS	$0	–	-9,350	–	-0.23%	–
LIN	Exit	LINDE PLC	$0	–	-2,776	–	-0.23%	–
VEA	Exit	VANGUARD DEVELOPED MARKETS ETF	$0	–	-17,364	–	-0.25%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-3,436	–	-0.26%	–
ADM	Exit	ARCHER DANIELS MIDLAND	$0	–	-16,166	–	-0.26%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-12,715	–	-0.26%	–
WFC	Exit	WELLS FARGO	$0	–	-32,511	–	-0.26%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,362	–	-0.28%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-137,385	–	-0.30%	–
CB	Exit	CHUBB	$0	–	-7,827	–	-0.32%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-11,834	–	-0.32%	–
AES	Exit	AES CORP	$0	–	-51,200	–	-0.32%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-12,412	–	-0.32%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-25,665	–	-0.35%	–
CVX	Exit	CHEVRON	$0	–	-16,224	–	-0.41%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-5,529	–	-0.41%	–
OTIS	Exit	OTIS WORLDWIDE	$0	–	-18,917	–	-0.41%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-828	–	-0.42%	–
CARR	Exit	CARRIER	$0	–	-40,720	–	-0.43%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-110,167	–	-0.51%	–
FFIV	Exit	F5 NETWORKS	$0	–	-12,161	–	-0.52%	–
J	Exit	JACOBS ENGINEERING	$0	–	-16,249	–	-0.52%	–
PEP	Exit	PEPSICO	$0	–	-11,003	–	-0.53%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-25,598	–	-0.54%	–
FISV	Exit	FISERV	$0	–	-16,120	–	-0.58%	–
DIS	Exit	DISNEY WALT	$0	–	-13,660	–	-0.59%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-60,763	–	-0.60%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-10,549	–	-0.61%	–
PPL	Exit	PPL	$0	–	-65,221	–	-0.62%	–
RTX	Exit	RAYTHEON TECHNOLOGIES	$0	–	-31,980	–	-0.64%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-6,626	–	-0.69%	–
FLS	Exit	FLOWSERVE	$0	–	-77,622	–	-0.74%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-25,013	–	-0.84%	–
TGT	Exit	TARGET	$0	–	-15,620	–	-0.85%	–
XOM	Exit	EXXON MOBIL	$0	–	-77,555	–	-0.92%	–
PWR	Exit	QUANTA SERVICES	$0	–	-51,092	–	-0.94%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,931	–	-0.99%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-37,946	–	-1.03%	–
T	Exit	AT&T	$0	–	-105,728	–	-1.05%	–
AFL	Exit	AFLAC	$0	–	-90,034	–	-1.14%	–
GPC	Exit	GENUINE PARTS	$0	–	-38,735	–	-1.28%	–
USB	Exit	US BANCORP	$0	–	-106,727	–	-1.33%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKETS	$0	–	-92,357	–	-1.39%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-65,481	–	-1.44%	–
PFE	Exit	PFIZER	$0	–	-116,077	–	-1.48%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-16,323	–	-1.57%	–
SYK	Exit	STRYKER	$0	–	-22,808	–	-1.65%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-138,173	–	-1.72%	–
SYY	Exit	SYSCO	$0	–	-83,689	–	-1.81%	–
KR	Exit	KROGER	$0	–	-158,045	–	-1.86%	–
ABBV	Exit	ABBVIE	$0	–	-64,127	–	-1.95%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-86,183	–	-1.96%	–
ZBH	Exit	ZIMMER BIOMET	$0	–	-42,914	–	-2.03%	–
INTC	Exit	INTEL	$0	–	-116,923	–	-2.10%	–
ACN	Exit	ACCENTURE PLC	$0	–	-27,078	–	-2.13%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-46,522	–	-2.25%	–
MMM	Exit	3M	$0	–	-40,692	–	-2.26%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-171,581	–	-2.35%	–
KO	Exit	COCA COLA	$0	–	-139,873	–	-2.40%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-72,865	–	-2.63%	–
ABT	Exit	ABBOTT LABS	$0	–	-71,622	–	-2.71%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-56,861	–	-2.75%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-201,591	–	-2.89%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-142,177	–	-2.91%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-61,858	–	-3.20%	–
AAPL	Exit	APPLE	$0	–	-83,177	–	-3.35%	–
WMT	Exit	WALMART STORES	$0	–	-70,337	–	-3.42%	–
HD	Exit	HOME DEPOT	$0	–	-38,704	–	-3.73%	–
MCD	Exit	MCDONALDS	$0	–	-49,076	–	-3.74%	–
MRK	Exit	MERCK & CO	$0	–	-140,416	–	-4.05%	–
MSFT	Exit	MICROSOFT	$0	–	-62,478	–	-4.56%	–

Q3 2020

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT	$13,141,000	+0.9%	62,478	-2.4%	4.56%	-4.1%
MRK	Sell	MERCK & CO	$11,648,000	+7.1%	140,416	-0.2%	4.05%	+1.8%
MCD	Sell	MCDONALDS	$10,772,000	+18.4%	49,076	-0.5%	3.74%	+12.5%
HD	Sell	HOME DEPOT	$10,748,000	+8.0%	38,704	-2.6%	3.73%	+2.6%
WMT	Sell	WALMART STORES	$9,841,000	+14.4%	70,337	-2.0%	3.42%	+8.8%
AAPL	Buy	APPLE	$9,633,000	+21.2%	83,177	+281.8%	3.35%	+15.3%
JNJ	Sell	JOHNSON & JOHNSON	$9,209,000	+5.6%	61,858	-0.2%	3.20%	+0.4%
FELE	Sell	FRANKLIN ELECTRIC	$8,364,000	+10.5%	142,177	-1.3%	2.91%	+5.1%
LKFN	Sell	LAKELAND FINANCIAL	$8,306,000	-11.7%	201,591	-0.1%	2.89%	-16.0%
PG	Sell	PROCTER & GAMBLE	$7,903,000	+14.7%	56,861	-1.3%	2.75%	+9.1%
ABT	Sell	ABBOTT LABS	$7,795,000	+16.6%	71,622	-2.0%	2.71%	+10.9%
MDT	Sell	MEDTRONIC PLC	$7,572,000	+12.6%	72,865	-0.6%	2.63%	+7.1%
KO	Sell	COCA COLA	$6,906,000	+9.8%	139,873	-0.6%	2.40%	+4.4%
CSCO	Buy	CISCO SYSTEMS	$6,759,000	-13.9%	171,581	+1.9%	2.35%	-18.2%
MMM	Buy	3M	$6,518,000	+4.1%	40,692	+1.4%	2.26%	-1.0%
ADP	Sell	AUTOMATIC DATA PROCESSING	$6,489,000	-7.1%	46,522	-0.8%	2.25%	-11.7%
ACN	Sell	ACCENTURE PLC	$6,119,000	+0.1%	27,078	-4.9%	2.13%	-4.8%
INTC	Sell	INTEL	$6,054,000	-14.6%	116,923	-1.4%	2.10%	-18.9%
ZBH	Sell	ZIMMER BIOMET	$5,842,000	+13.7%	42,914	-0.3%	2.03%	+8.2%
EMR	Sell	EMERSON ELECTRIC	$5,651,000	+4.6%	86,183	-1.1%	1.96%	-0.6%
ABBV	Buy	ABBVIE	$5,617,000	-10.6%	64,127	+0.2%	1.95%	-15.1%
KR	Sell	KROGER	$5,359,000	-0.2%	158,045	-0.4%	1.86%	-5.1%
SYY	Sell	SYSCO	$5,207,000	+13.3%	83,689	-0.5%	1.81%	+7.7%
WBA	Sell	WALGREENS BOOTS ALLIANCE	$4,963,000	-15.6%	138,173	-0.4%	1.72%	-19.8%
SYK	Sell	STRYKER	$4,753,000	+14.9%	22,808	-0.7%	1.65%	+9.2%
NEE	Sell	NEXTERA ENERGY	$4,531,000	+13.8%	16,323	-1.5%	1.57%	+8.3%
PFE	Sell	PFIZER	$4,260,000	+11.5%	116,077	-0.6%	1.48%	+6.0%
GILD	Buy	GILEAD SCIENCES	$4,138,000	-16.9%	65,481	+1.2%	1.44%	-21.0%
VWO	Sell	VANGUARD FTSE EMERGING MARKETS	$3,994,000	+7.7%	92,357	-1.4%	1.39%	+2.4%
USB	Buy	US BANCORP	$3,826,000	+5.3%	106,727	+8.1%	1.33%	+0.1%
GPC	Sell	GENUINE PARTS	$3,686,000	+9.0%	38,735	-0.4%	1.28%	+3.7%
AFL	Buy	AFLAC	$3,273,000	+1.5%	90,034	+0.6%	1.14%	-3.5%
T	Sell	AT&T	$3,014,000	-5.8%	105,728	-0.1%	1.05%	-10.5%
CINF	Sell	CINCINNATI FINANCIAL	$2,959,000	+19.6%	37,946	-1.8%	1.03%	+13.7%
GOOG	Sell	ALPHABET CLASS C	$2,838,000	+2.9%	1,931	-1.0%	0.99%	-2.2%
PWR	Sell	QUANTA SERVICES	$2,701,000	+28.4%	51,092	-4.8%	0.94%	+22.0%
XOM	Sell	EXXON MOBIL	$2,662,000	-24.1%	77,555	-1.1%	0.92%	-27.8%
TGT	Sell	TARGET	$2,459,000	+25.4%	15,620	-4.5%	0.85%	+19.1%
JPM	Sell	JPMORGAN CHASE	$2,408,000	+1.5%	25,013	-0.9%	0.84%	-3.5%
FLS	Sell	FLOWSERVE	$2,118,000	-8.6%	77,622	-4.4%	0.74%	-13.1%
APD	Sell	AIR PRODUCTS & CHEMICALS	$1,974,000	+21.6%	6,626	-1.4%	0.69%	+15.7%
RTX	Sell	RAYTHEON TECHNOLOGIES	$1,840,000	-10.1%	31,980	-3.7%	0.64%	-14.6%
PPL	Buy	PPL	$1,775,000	+6.6%	65,221	+1.2%	0.62%	+1.5%
STLD	Sell	STEEL DYNAMICS	$1,740,000	+7.2%	60,763	-2.3%	0.60%	+1.9%
FISV	New	FISERV	$1,661,000	–	16,120	–	0.58%	–
BMY	Sell	BRISTOL-MYERS SQUIBB	$1,543,000	+2.1%	25,598	-0.4%	0.54%	-2.9%
J	Sell	JACOBS ENGINEERING	$1,507,000	+3.9%	16,249	-5.0%	0.52%	-1.1%
FFIV	Buy	F5 NETWORKS	$1,493,000	+0.9%	12,161	+14.7%	0.52%	-3.9%
VOD	Sell	VODAFONE GROUP PLC	$1,478,000	-16.4%	110,167	-0.7%	0.51%	-20.6%
CARR	Buy	CARRIER	$1,244,000	+37.8%	40,720	+0.2%	0.43%	+30.9%
GOOGL	Sell	ALPHABET CLASS A	$1,214,000	+1.8%	828	-1.5%	0.42%	-3.2%
OTIS	Sell	OTIS WORLDWIDE	$1,181,000	+8.6%	18,917	-1.0%	0.41%	+3.3%
CVX	Buy	CHEVRON	$1,168,000	-17.7%	16,224	+2.0%	0.41%	-21.8%
RCI	Buy	ROGERS COMMUNICATIONS	$1,018,000	+2.1%	25,665	+3.4%	0.35%	-2.7%
AES	Buy	AES CORP	$927,000	+25.8%	51,200	+0.7%	0.32%	+19.7%
GE	Sell	GENERAL ELECTRIC	$856,000	-15.0%	137,385	-6.8%	0.30%	-19.3%
KMB	Sell	KIMBERLY-CLARK	$792,000	+4.3%	5,362	-0.1%	0.28%	-0.7%
WFC	Sell	WELLS FARGO	$764,000	-17.8%	32,511	-10.6%	0.26%	-22.1%
VZ	Sell	VERIZON COMMUNICATIONS	$756,000	+6.8%	12,715	-1.0%	0.26%	+1.5%
NSC	Sell	NORFOLK SOUTHERN	$735,000	+16.1%	3,436	-4.6%	0.26%	+10.4%
VEA	Sell	VANGUARD DEVELOPED MARKETS ETF	$710,000	+3.0%	17,364	-2.2%	0.25%	-2.0%
LIN	Sell	LINDE PLC	$661,000	+8.0%	2,776	-3.8%	0.23%	+2.7%
MO	Sell	ALTRIA	$616,000	-7.6%	15,934	-6.2%	0.21%	-12.3%
EEM	Sell	ISHARES MSCI EMERGING MARKET E	$617,000	+3.4%	13,997	-6.2%	0.21%	-1.8%
BP	Sell	BP PLC ADR	$613,000	-25.5%	35,122	-0.5%	0.21%	-29.2%
CL	Sell	COLGATE-PALMOLIVE	$575,000	+4.4%	7,449	-0.9%	0.20%	-0.5%
CHKP	Sell	CHECK POINT SOFTWARE	$421,000	+4.7%	3,497	-6.6%	0.15%	-0.7%
STZ	Buy	CONSTELLATION BRANDS	$305,000	+11.7%	1,607	+2.9%	0.11%	+6.0%
ECL	Sell	ECOLAB	$274,000	-0.7%	1,372	-1.2%	0.10%	-5.9%
VRA	Sell	VERA BRADLEY	$266,000	+29.1%	43,483	-6.2%	0.09%	+22.7%
AMZN	New	AMAZON.COM	$220,000	–	70	–	0.08%	–
FB	New	FACEBOOK	$212,000	–	810	–	0.07%	–
CAT	New	CATERPILLAR	$211,000	–	1,417	–	0.07%	–
ORCL	New	ORACLE	$209,000	–	3,500	–	0.07%	–

Q2 2020

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT	$13,026,000	–	64,009	–	4.76%	–
MRK	New	MERCK & CO	$10,877,000	–	140,658	–	3.98%	–
HD	New	HOME DEPOT	$9,956,000	–	39,741	–	3.64%	–
LKFN	New	LAKELAND FINANCIAL	$9,406,000	–	201,885	–	3.44%	–
MCD	New	MCDONALDS	$9,100,000	–	49,331	–	3.32%	–
JNJ	New	JOHNSON & JOHNSON	$8,719,000	–	62,003	–	3.19%	–
WMT	New	WALMART STORES	$8,600,000	–	71,798	–	3.14%	–
AAPL	New	APPLE	$7,948,000	–	21,788	–	2.90%	–
CSCO	New	CISCO SYSTEMS	$7,850,000	–	168,310	–	2.87%	–
FELE	New	FRANKLIN ELECTRIC	$7,569,000	–	144,116	–	2.77%	–
INTC	New	INTEL	$7,093,000	–	118,552	–	2.59%	–
ADP	New	AUTOMATIC DATA PROCESSING	$6,984,000	–	46,908	–	2.55%	–
PG	New	PROCTER & GAMBLE	$6,891,000	–	57,632	–	2.52%	–
MDT	New	MEDTRONIC PLC	$6,725,000	–	73,339	–	2.46%	–
ABT	New	ABBOTT LABS	$6,683,000	–	73,099	–	2.44%	–
KO	New	COCA COLA	$6,290,000	–	140,773	–	2.30%	–
ABBV	New	ABBVIE	$6,286,000	–	64,030	–	2.30%	–
MMM	New	3M	$6,259,000	–	40,125	–	2.29%	–
ACN	New	ACCENTURE PLC	$6,114,000	–	28,473	–	2.23%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$5,881,000	–	138,734	–	2.15%	–
EMR	New	EMERSON ELECTRIC	$5,403,000	–	87,105	–	1.97%	–
KR	New	KROGER	$5,369,000	–	158,615	–	1.96%	–
ZBH	New	ZIMMER BIOMET	$5,137,000	–	43,042	–	1.88%	–
GILD	New	GILEAD SCIENCES	$4,981,000	–	64,734	–	1.82%	–
SYY	New	SYSCO	$4,596,000	–	84,091	–	1.68%	–
SYK	New	STRYKER	$4,137,000	–	22,958	–	1.51%	–
NEE	New	NEXTERA ENERGY	$3,980,000	–	16,573	–	1.45%	–
PFE	New	PFIZER	$3,819,000	–	116,792	–	1.40%	–
VWO	New	VANGUARD FTSE EMERGING MARKETS	$3,709,000	–	93,626	–	1.36%	–
USB	New	US BANCORP	$3,634,000	–	98,685	–	1.33%	–
XOM	New	EXXON MOBIL	$3,508,000	–	78,446	–	1.28%	–
GPC	New	GENUINE PARTS	$3,381,000	–	38,883	–	1.24%	–
AFL	New	AFLAC	$3,224,000	–	89,476	–	1.18%	–
T	New	AT&T	$3,201,000	–	105,874	–	1.17%	–
GOOG	New	ALPHABET CLASS C	$2,758,000	–	1,951	–	1.01%	–
CINF	New	CINCINNATI FINANCIAL	$2,475,000	–	38,656	–	0.90%	–
JPM	New	JPMORGAN CHASE	$2,373,000	–	25,228	–	0.87%	–
FLS	New	FLOWSERVE	$2,317,000	–	81,225	–	0.85%	–
PWR	New	QUANTA SERVICES	$2,104,000	–	53,642	–	0.77%	–
RTX	New	RAYTHEON TECHNOLOGIES	$2,047,000	–	33,224	–	0.75%	–
TGT	New	TARGET	$1,961,000	–	16,350	–	0.72%	–
VOD	New	VODAFONE GROUP PLC	$1,768,000	–	110,935	–	0.65%	–
PPL	New	PPL	$1,665,000	–	64,417	–	0.61%	–
APD	New	AIR PRODUCTS & CHEMICALS	$1,623,000	–	6,721	–	0.59%	–
STLD	New	STEEL DYNAMICS	$1,623,000	–	62,213	–	0.59%	–
DIS	New	DISNEY WALT	$1,523,000	–	13,660	–	0.56%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,511,000	–	25,698	–	0.55%	–
FFIV	New	F5 NETWORKS	$1,479,000	–	10,601	–	0.54%	–
PEP	New	PEPSICO	$1,455,000	–	11,003	–	0.53%	–
J	New	JACOBS ENGINEERING	$1,450,000	–	17,099	–	0.53%	–
CVX	New	CHEVRON	$1,419,000	–	15,899	–	0.52%	–
GOOGL	New	ALPHABET CLASS A	$1,193,000	–	841	–	0.44%	–
UPS	New	UNITED PARCEL SERVICE	$1,173,000	–	10,549	–	0.43%	–
OTIS	New	OTIS WORLDWIDE	$1,087,000	–	19,109	–	0.40%	–
GE	New	GENERAL ELECTRIC	$1,007,000	–	147,385	–	0.37%	–
RCI	New	ROGERS COMMUNICATIONS	$997,000	–	24,815	–	0.36%	–
CB	New	CHUBB	$991,000	–	7,827	–	0.36%	–
BRKB	New	BERKSHIRE HATHAWAY B	$987,000	–	5,529	–	0.36%	–
NTRS	New	NORTHERN TRUST	$939,000	–	11,834	–	0.34%	–
WFC	New	WELLS FARGO	$930,000	–	36,347	–	0.34%	–
CARR	New	CARRIER	$903,000	–	40,621	–	0.33%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$870,000	–	12,412	–	0.32%	–
BP	New	BP PLC ADR	$823,000	–	35,297	–	0.30%	–
KMB	New	KIMBERLY-CLARK	$759,000	–	5,369	–	0.28%	–
AES	New	AES CORP	$737,000	–	50,850	–	0.27%	–
VZ	New	VERIZON COMMUNICATIONS	$708,000	–	12,837	–	0.26%	–
VEA	New	VANGUARD DEVELOPED MARKETS ETF	$689,000	–	17,761	–	0.25%	–
MO	New	ALTRIA	$667,000	–	16,993	–	0.24%	–
PLXS	New	PLEXUS	$660,000	–	9,350	–	0.24%	–
ADM	New	ARCHER DANIELS MIDLAND	$645,000	–	16,166	–	0.24%	–
NSC	New	NORFOLK SOUTHERN	$633,000	–	3,603	–	0.23%	–
LIN	New	LINDE PLC	$612,000	–	2,886	–	0.22%	–
EEM	New	ISHARES MSCI EMERGING MARKET E	$597,000	–	14,918	–	0.22%	–
CL	New	COLGATE-PALMOLIVE	$551,000	–	7,515	–	0.20%	–
ANTM	New	ANTHEM	$515,000	–	1,960	–	0.19%	–
GWW	New	GRAINGER WW	$469,000	–	1,492	–	0.17%	–
COST	New	COSTCO WHOLESALE	$447,000	–	1,473	–	0.16%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$444,000	–	5,015	–	0.16%	–
PNC	New	PNC FINANCIAL SERVICES	$429,000	–	4,079	–	0.16%	–
CHKP	New	CHECK POINT SOFTWARE	$402,000	–	3,745	–	0.15%	–
DG	New	DOLLAR GENERAL	$369,000	–	1,937	–	0.14%	–
ITW	New	ILLINOIS TOOL WORKS	$351,000	–	2,008	–	0.13%	–
SPY	New	S&P 500 INDEX ETF	$334,000	–	1,082	–	0.12%	–
BKH	New	BLACK HILLS	$306,000	–	5,400	–	0.11%	–
GDX	New	VANECK GOLD MINERS ETF	$297,000	–	8,097	–	0.11%	–
TLT	New	ISHARES 20YR TREASURY BOND ETF	$289,000	–	1,760	–	0.11%	–
LLY	New	LILLY ELI	$284,000	–	1,729	–	0.10%	–
ECL	New	ECOLAB	$276,000	–	1,389	–	0.10%	–
STZ	New	CONSTELLATION BRANDS	$273,000	–	1,561	–	0.10%	–
FRME	New	FIRST MERCHANTS	$273,000	–	9,918	–	0.10%	–
BRKA	New	BERKSHIRE HATHAWAY A	$267,000	–	1	–	0.10%	–
NKE	New	NIKE	$263,000	–	2,680	–	0.10%	–
VRA	New	VERA BRADLEY	$206,000	–	46,333	–	0.08%	–
MAT	New	MATTEL	$122,000	–	12,600	–	0.04%	–

Q4 2019

			Value		Shares		↓ Weighting
QEP	Exit	QEP RESOURCES	$0	–	-17,000	–	-0.02%	–
MAT	Exit	MATTEL	$0	–	-16,600	–	-0.07%	–
D	Exit	DOMINION RESOURCES	$0	–	-2,516	–	-0.07%	–
HSBCPRA	Exit	HSBC HLDGS PLC ADR A 1/40PF Aprd	$0	–	-8,400	–	-0.08%	–
OKE	Exit	ONEOK	$0	–	-3,012	–	-0.08%	–
NUE	Exit	NUCOR	$0	–	-4,427	–	-0.08%	–
DELL	Exit	DELL TECHNOLOGIES	$0	–	-4,493	–	-0.08%	–
ECL	Exit	ECOLAB	$0	–	-1,221	–	-0.08%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-1,200	–	-0.09%	–
NKE	Exit	NIKE	$0	–	-2,698	–	-0.09%	–
FFIV	Exit	F5 NETWORKS	$0	–	-1,960	–	-0.10%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-2,633	–	-0.10%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-5,277	–	-0.10%	–
VEA	Exit	VANGUARD DEVELOPED MARKETS ETF	$0	–	-7,304	–	-0.10%	–
SPY	Exit	S&P 500 INDEX ETF	$0	–	-1,010	–	-0.10%	–
BRKA	Exit	BERKSHIRE HATHAWAY A	$0	–	-1	–	-0.11%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-2,008	–	-0.11%	–
VEU	Exit	VANGUARD FTSE ALL-WORLD ETF EX	$0	–	-6,759	–	-0.12%	–
AES	Exit	AES	$0	–	-22,700	–	-0.13%	–
FRME	Exit	FIRST MERCHANTS	$0	–	-10,331	–	-0.14%	–
ADM	Exit	ARCHER DANIELS MIDLAND	$0	–	-9,541	–	-0.14%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.14%	–
LLY	Exit	LILLY ELI	$0	–	-3,775	–	-0.15%	–
GWW	Exit	GRAINGER W W	$0	–	-1,482	–	-0.15%	–
VRA	Exit	VERA BRADLEY	$0	–	-45,483	–	-0.16%	–
ANTM	Exit	ANTHEM	$0	–	-1,960	–	-0.16%	–
SRCL	Exit	STERICYCLE	$0	–	-9,295	–	-0.16%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-5,365	–	-0.17%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,515	–	-0.19%	–
PNC	Exit	PNC FINANCIAL SERVICES GROUP	$0	–	-4,079	–	-0.20%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-3,702	–	-0.23%	–
MO	Exit	ALTRIA GROUP	$0	–	-17,244	–	-0.25%	–
LIN	Exit	LINDE PLC	$0	–	-3,651	–	-0.25%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,369	–	-0.27%	–
SLB	Exit	SCHLUMBERGER	$0	–	-22,439	–	-0.27%	–
PLXS	Exit	PLEXUS	$0	–	-13,600	–	-0.30%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-4,554	–	-0.33%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-15,919	–	-0.34%	–
EEM	Exit	ISHARES MSCI EMERGING MARKET E	$0	–	-24,105	–	-0.34%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-20,575	–	-0.35%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-831	–	-0.36%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-8,767	–	-0.37%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-14,288	–	-0.38%	–
CB	Exit	CHUBB LIMITED	$0	–	-7,560	–	-0.43%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-25,852	–	-0.46%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-6,721	–	-0.52%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-16,059	–	-0.52%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-168,362	–	-0.53%	–
DIS	Exit	DISNEY WALT	$0	–	-12,101	–	-0.55%	–
BP	Exit	BP ADR	$0	–	-42,809	–	-0.57%	–
PEP	Exit	PEPSICO	$0	–	-12,198	–	-0.58%	–
PPL	Exit	PPL	$0	–	-53,786	–	-0.59%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-62,913	–	-0.66%	–
PWR	Exit	QUANTA SERVICES	$0	–	-50,338	–	-0.66%	–
WFC	Exit	WELLS FARGO	$0	–	-37,878	–	-0.67%	–
CVX	Exit	CHEVRONTEXACO	$0	–	-16,598	–	-0.69%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-110,512	–	-0.77%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,852	–	-0.79%	–
TGT	Exit	TARGET	$0	–	-21,289	–	-0.80%	–
J	Exit	JACOBS ENGINEERING	$0	–	-28,092	–	-0.90%	–
GPC	Exit	GENUINE PARTS	$0	–	-26,079	–	-0.91%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-23,245	–	-0.96%	–
VWO	Exit	VANGUARD EMERGING MARKETS ETF	$0	–	-80,577	–	-1.13%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-55,588	–	-1.23%	–
FLS	Exit	FLOWSERVE	$0	–	-80,354	–	-1.31%	–
T	Exit	AT&T	$0	–	-100,489	–	-1.33%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-17,312	–	-1.41%	–
KR	Exit	KROGER	$0	–	-157,657	–	-1.42%	–
PFE	Exit	PFIZER	$0	–	-121,775	–	-1.53%	–
SYK	Exit	STRYKER	$0	–	-20,298	–	-1.53%	–
AFL	Exit	AFLAC	$0	–	-85,370	–	-1.56%	–
MMM	Exit	3M COMPANY	$0	–	-27,812	–	-1.60%	–
ABBV	Exit	ABBVIE	$0	–	-62,073	–	-1.64%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-41,486	–	-1.69%	–
AAPL	Exit	APPLE	$0	–	-22,596	–	-1.77%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-37,848	–	-1.81%	–
USB	Exit	U.S. BANCORP	$0	–	-96,138	–	-1.86%	–
XOM	Exit	EXXON MOBIL	$0	–	-75,580	–	-1.86%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-40,397	–	-1.94%	–
ACN	Exit	ACCENTURE PLC	$0	–	-30,791	–	-2.07%	–
SYY	Exit	SYSCO	$0	–	-75,566	–	-2.10%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-89,985	–	-2.10%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-81,865	–	-2.39%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-130,040	–	-2.51%	–
INTC	Exit	INTEL	$0	–	-139,605	–	-2.51%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-153,204	–	-2.56%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-59,462	–	-2.58%	–
KO	Exit	COCA-COLA	$0	–	-139,316	–	-2.65%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-158,633	–	-2.74%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-49,022	–	-2.77%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-75,020	–	-2.85%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-63,288	–	-2.86%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-196,487	–	-3.02%	–
WMT	Exit	WAL-MART STORES	$0	–	-75,628	–	-3.14%	–
MSFT	Exit	MICROSOFT	$0	–	-68,163	–	-3.31%	–
HD	Exit	HOME DEPOT	$0	–	-41,127	–	-3.34%	–
MCD	Exit	MCDONALD'S	$0	–	-49,458	–	-3.71%	–
MRK	Exit	MERCK & CO	$0	–	-139,559	–	-4.11%	–

Q3 2019

			Value		Shares		↓ Weighting
MRK	Sell	MERCK & CO	$11,748,000	-1.6%	139,559	-2.0%	4.11%	-3.7%
MCD	Sell	MCDONALD'S	$10,619,000	+2.8%	49,458	-0.6%	3.71%	+0.6%
HD	Sell	HOME DEPOT	$9,542,000	+11.1%	41,127	-0.4%	3.34%	+8.7%
MSFT	Sell	MICROSOFT	$9,477,000	+2.1%	68,163	-1.6%	3.31%	-0.1%
WMT	Sell	WAL-MART STORES	$8,976,000	+6.9%	75,628	-0.5%	3.14%	+4.6%
LKFN	Buy	LAKELAND FINANCIAL	$8,641,000	-5.2%	196,487	+0.9%	3.02%	-7.2%
JNJ	Sell	JOHNSON & JOHNSON	$8,188,000	-7.4%	63,288	-0.4%	2.86%	-9.4%
MDT	Sell	MEDTRONIC PLC	$8,149,000	+10.6%	75,020	-0.8%	2.85%	+8.2%
ADP	Buy	AUTOMATIC DATA PROCESSING	$7,913,000	-2.2%	49,022	+0.2%	2.77%	-4.3%
CSCO	Buy	CISCO SYSTEMS	$7,838,000	-8.9%	158,633	+1.0%	2.74%	-10.8%
KO	Buy	COCA-COLA	$7,584,000	+7.0%	139,316	+0.1%	2.65%	+4.7%
PG	Sell	PROCTER & GAMBLE	$7,396,000	+12.3%	59,462	-1.0%	2.58%	+9.9%
FELE	Sell	FRANKLIN ELECTRIC	$7,325,000	-0.7%	153,204	-1.4%	2.56%	-2.8%
WBA	Sell	WALGREENS BOOTS ALLIANCE	$7,193,000	+1.1%	130,040	-0.1%	2.51%	-1.1%
INTC	Sell	INTEL	$7,194,000	+6.8%	139,605	-0.8%	2.51%	+4.5%
ABT	Sell	ABBOTT LABORATORIES	$6,850,000	-2.1%	81,865	-1.6%	2.39%	-4.2%
EMR	Buy	EMERSON ELECTRIC	$6,016,000	+0.7%	89,985	+0.5%	2.10%	-1.4%
SYY	Sell	SYSCO	$6,000,000	+11.8%	75,566	-0.4%	2.10%	+9.4%
ACN	Sell	ACCENTURE PLC	$5,923,000	+2.9%	30,791	-1.2%	2.07%	+0.7%
ZBH	Sell	ZIMMER HOLDINGS	$5,545,000	+16.5%	40,397	-0.1%	1.94%	+13.9%
XOM	Sell	EXXON MOBIL	$5,337,000	-8.9%	75,580	-1.1%	1.86%	-10.9%
USB	Buy	U.S. BANCORP	$5,320,000	+5.8%	96,138	+0.2%	1.86%	+3.6%
UTX	Sell	UNITED TECHNOLOGIES	$5,167,000	+1.3%	37,848	-3.4%	1.81%	-0.9%
AAPL	Buy	APPLE	$5,061,000	+14.0%	22,596	+0.7%	1.77%	+11.5%
CINF	Sell	CINCINNATI FINANCIAL	$4,840,000	+9.9%	41,486	-2.4%	1.69%	+7.5%
ABBV	Buy	ABBVIE	$4,700,000	+8.2%	62,073	+4.0%	1.64%	+5.9%
MMM	Buy	3M COMPANY	$4,572,000	+0.5%	27,812	+5.9%	1.60%	-1.7%
AFL	Sell	AFLAC	$4,467,000	-4.7%	85,370	-0.1%	1.56%	-6.7%
SYK	Buy	STRYKER	$4,390,000	+5.4%	20,298	+0.2%	1.53%	+3.2%
PFE	Buy	PFIZER	$4,375,000	-14.5%	121,775	+3.2%	1.53%	-16.3%
KR	Buy	KROGER	$4,064,000	+28.2%	157,657	+8.0%	1.42%	+25.4%
NEE	Sell	NEXTERA ENERGY	$4,034,000	+9.6%	17,312	-3.6%	1.41%	+7.3%
T	Sell	AT&T	$3,803,000	+12.3%	100,489	-0.6%	1.33%	+9.8%
FLS	Buy	FLOWSERVE	$3,753,000	-10.8%	80,354	+0.6%	1.31%	-12.7%
GILD	Buy	GILEAD SCIENCES	$3,523,000	-5.0%	55,588	+1.2%	1.23%	-7.1%
VWO	Sell	VANGUARD EMERGING MARKETS ETF	$3,244,000	-8.4%	80,577	-3.3%	1.13%	-10.4%
JPM	Buy	JPMORGAN CHASE	$2,736,000	+5.5%	23,245	+0.2%	0.96%	+3.2%
GPC	Buy	GENUINE PARTS	$2,597,000	+2.0%	26,079	+6.1%	0.91%	-0.1%
J	Sell	JACOBS ENGINEERING	$2,570,000	+6.8%	28,092	-1.5%	0.90%	+4.4%
TGT	Sell	TARGET	$2,276,000	+22.1%	21,289	-1.1%	0.80%	+19.4%
GOOG	Buy	ALPHABET CLASS C	$2,258,000	+15.9%	1,852	+2.7%	0.79%	+13.4%
VOD	Buy	VODAFONE GROUP PLC	$2,200,000	+23.4%	110,512	+1.2%	0.77%	+20.7%
CVX	Sell	CHEVRONTEXACO	$1,969,000	-5.6%	16,598	-1.0%	0.69%	-7.7%
WFC	Sell	WELLS FARGO	$1,911,000	+6.3%	37,878	-0.3%	0.67%	+4.0%
PWR	Buy	QUANTA SERVICES	$1,903,000	+7.6%	50,338	+8.7%	0.66%	+5.2%
STLD	Buy	STEEL DYNAMICS	$1,875,000	-0.5%	62,913	+0.8%	0.66%	-2.7%
PPL	Buy	PPL	$1,694,000	+7.8%	53,786	+6.1%	0.59%	+5.5%
PEP	Sell	PEPSICO	$1,672,000	+3.8%	12,198	-0.7%	0.58%	+1.6%
BP	Buy	BP ADR	$1,626,000	-8.9%	42,809	+0.1%	0.57%	-10.8%
GE	Buy	GENERAL ELECTRIC	$1,505,000	-13.5%	168,362	+1.6%	0.53%	-15.3%
PM	Sell	PHILIP MORRIS INTERNATIONAL	$1,085,000	-4.2%	14,288	-0.8%	0.38%	-6.2%
UPS	Buy	UNITED PARCEL SERVICE	$1,050,000	+63.8%	8,767	+41.2%	0.37%	+60.3%
RCI	Sell	ROGERS COMMUNICATIONS	$1,003,000	-9.8%	20,575	-1.0%	0.35%	-11.6%
EEM	Sell	ISHARES MSCI EMERGING MARKET E	$985,000	-7.0%	24,105	-2.3%	0.34%	-9.0%
VZ	Buy	VERIZON COMMUNICATIONS	$961,000	+6.7%	15,919	+0.9%	0.34%	+4.3%
SLB	Sell	SCHLUMBERGER	$767,000	-15.2%	22,439	-1.3%	0.27%	-17.0%
LIN	Sell	LINDE PLC	$707,000	-6.1%	3,651	-2.7%	0.25%	-8.2%
MO	Buy	ALTRIA GROUP	$705,000	-9.5%	17,244	+4.9%	0.25%	-11.5%
NSC	Sell	NORFOLK SOUTHERN	$665,000	-13.9%	3,702	-4.4%	0.23%	-15.9%
SRCL	Sell	STERICYCLE	$473,000	-19.1%	9,295	-24.1%	0.16%	-21.1%
VRA	Sell	VERA BRADLEY	$459,000	-16.2%	45,483	-0.4%	0.16%	-18.4%
LLY	Sell	LILLY ELI	$422,000	-1.6%	3,775	-2.6%	0.15%	-3.9%
ADM	Buy	ARCHER DANIELS MIDLAND	$392,000	+10.7%	9,541	+10.1%	0.14%	+8.7%
AES	Buy	AES	$371,000	+8.5%	22,700	+11.3%	0.13%	+6.6%
VEU	Sell	VANGUARD FTSE ALL-WORLD ETF EX	$337,000	-12.2%	6,759	-10.2%	0.12%	-13.9%
VEA	New	VANGUARD DEVELOPED MARKETS ETF	$300,000	–	7,304	–	0.10%	–
SPY	Buy	S&P 500 INDEX ETF	$300,000	+45.6%	1,010	+43.5%	0.10%	+41.9%
MDLZ	Sell	MONDELEZ INTL	$292,000	-31.8%	5,277	-33.5%	0.10%	-33.3%
CHKP	Buy	CHECK POINT SOFTWARE	$288,000	+18.5%	2,633	+25.4%	0.10%	+16.1%
FFIV	Buy	F5 NETWORKS	$275,000	+34.8%	1,960	+40.0%	0.10%	+31.5%
NKE	Sell	NIKE	$253,000	+9.5%	2,698	-1.9%	0.09%	+6.0%
DELL	Sell	DELL TECHNOLOGIES	$233,000	-5.7%	4,493	-7.6%	0.08%	-8.0%
OKE	Sell	ONEOK	$222,000	+3.7%	3,012	-3.2%	0.08%	+2.6%
D	New	DOMINION RESOURCES	$204,000	–	2,516	–	0.07%	–
ORCL	Exit	ORACLE	$0	–	-3,580	–	-0.07%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-2,045	–	-0.08%	–
AMCR	Exit	AMCOR	$0	–	-37,561	–	-0.15%	–

Q2 2019

			Value		Shares		↓ Weighting
MRK	New	MERCK & CO	$11,938,000	–	142,375	–	4.26%	–
MCD	New	MCDONALD'S	$10,327,000	–	49,732	–	3.69%	–
MSFT	New	MICROSOFT	$9,283,000	–	69,298	–	3.32%	–
LKFN	New	LAKELAND FINANCIAL	$9,117,000	–	194,676	–	3.26%	–
JNJ	New	JOHNSON & JOHNSON	$8,847,000	–	63,521	–	3.16%	–
CSCO	New	CISCO SYSTEMS	$8,600,000	–	157,140	–	3.07%	–
HD	New	HOME DEPOT	$8,587,000	–	41,290	–	3.07%	–
WMT	New	WAL-MART STORES	$8,395,000	–	75,983	–	3.00%	–
ADP	New	AUTOMATIC DATA PROCESSING	$8,089,000	–	48,927	–	2.89%	–
FELE	New	FRANKLIN ELECTRIC	$7,377,000	–	155,312	–	2.64%	–
MDT	New	MEDTRONIC PLC	$7,368,000	–	75,651	–	2.63%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$7,113,000	–	130,113	–	2.54%	–
KO	New	COCA-COLA	$7,090,000	–	139,241	–	2.53%	–
ABT	New	ABBOTT LABORATORIES	$7,000,000	–	83,232	–	2.50%	–
INTC	New	INTEL	$6,734,000	–	140,683	–	2.40%	–
PG	New	PROCTER & GAMBLE	$6,584,000	–	60,042	–	2.35%	–
EMR	New	EMERSON ELECTRIC	$5,973,000	–	89,530	–	2.13%	–
XOM	New	EXXON MOBIL	$5,859,000	–	76,452	–	2.09%	–
ACN	New	ACCENTURE PLC	$5,757,000	–	31,159	–	2.06%	–
SYY	New	SYSCO	$5,367,000	–	75,896	–	1.92%	–
PFE	New	PFIZER	$5,114,000	–	118,048	–	1.83%	–
UTX	New	UNITED TECHNOLOGIES	$5,100,000	–	39,168	–	1.82%	–
USB	New	U.S. BANCORP	$5,026,000	–	95,913	–	1.80%	–
ZBH	New	ZIMMER HOLDINGS	$4,761,000	–	40,437	–	1.70%	–
AFL	New	AFLAC	$4,685,000	–	85,470	–	1.67%	–
MMM	New	3M COMPANY	$4,551,000	–	26,257	–	1.63%	–
AAPL	New	APPLE	$4,441,000	–	22,438	–	1.59%	–
CINF	New	CINCINNATI FINANCIAL	$4,406,000	–	42,498	–	1.57%	–
ABBV	New	ABBVIE	$4,342,000	–	59,709	–	1.55%	–
FLS	New	FLOWSERVE	$4,207,000	–	79,840	–	1.50%	–
SYK	New	STRYKER	$4,164,000	–	20,256	–	1.49%	–
GILD	New	GILEAD SCIENCES	$3,710,000	–	54,920	–	1.32%	–
NEE	New	NEXTERA ENERGY	$3,679,000	–	17,957	–	1.31%	–
VWO	New	VANGUARD EMERGING MARKETS ETF	$3,543,000	–	83,297	–	1.27%	–
T	New	AT&T	$3,387,000	–	101,066	–	1.21%	–
KR	New	KROGER	$3,169,000	–	145,970	–	1.13%	–
JPM	New	JPMORGAN CHASE	$2,593,000	–	23,195	–	0.93%	–
GPC	New	GENUINE PARTS	$2,546,000	–	24,579	–	0.91%	–
J	New	JACOBS ENGINEERING	$2,407,000	–	28,527	–	0.86%	–
CVX	New	CHEVRONTEXACO	$2,085,000	–	16,758	–	0.74%	–
GOOG	New	ALPHABET CLASS C	$1,949,000	–	1,803	–	0.70%	–
STLD	New	STEEL DYNAMICS	$1,885,000	–	62,413	–	0.67%	–
TGT	New	TARGET	$1,864,000	–	21,519	–	0.67%	–
WFC	New	WELLS FARGO	$1,797,000	–	37,978	–	0.64%	–
BP	New	BP ADR	$1,784,000	–	42,776	–	0.64%	–
VOD	New	VODAFONE GROUP PLC	$1,783,000	–	109,209	–	0.64%	–
PWR	New	QUANTA SERVICES	$1,769,000	–	46,322	–	0.63%	–
GE	New	GENERAL ELECTRIC	$1,740,000	–	165,752	–	0.62%	–
DIS	New	DISNEY WALT	$1,690,000	–	12,101	–	0.60%	–
PEP	New	PEPSICO	$1,611,000	–	12,287	–	0.58%	–
PPL	New	PPL	$1,571,000	–	50,674	–	0.56%	–
APD	New	AIR PRODUCTS & CHEMICALS	$1,521,000	–	6,721	–	0.54%	–
NTRS	New	NORTHERN TRUST	$1,445,000	–	16,059	–	0.52%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,172,000	–	25,852	–	0.42%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$1,132,000	–	14,409	–	0.40%	–
CB	New	CHUBB LIMITED	$1,114,000	–	7,560	–	0.40%	–
RCI	New	ROGERS COMMUNICATIONS	$1,112,000	–	20,775	–	0.40%	–
EEM	New	ISHARES MSCI EMERGING MARKET E	$1,059,000	–	24,674	–	0.38%	–
BRKB	New	BERKSHIRE HATHAWAY B	$971,000	–	4,554	–	0.35%	–
SLB	New	SCHLUMBERGER	$904,000	–	22,739	–	0.32%	–
VZ	New	VERIZON COMMUNICATIONS	$901,000	–	15,779	–	0.32%	–
GOOGL	New	ALPHABET CLASS A	$900,000	–	831	–	0.32%	–
PLXS	New	PLEXUS	$794,000	–	13,600	–	0.28%	–
MO	New	ALTRIA GROUP	$779,000	–	16,444	–	0.28%	–
NSC	New	NORFOLK SOUTHERN	$772,000	–	3,872	–	0.28%	–
LIN	New	LINDE PLC COM	$753,000	–	3,751	–	0.27%	–
KMB	New	KIMBERLY-CLARK	$716,000	–	5,369	–	0.26%	–
UPS	New	UNITED PARCEL SERVICE	$641,000	–	6,209	–	0.23%	–
SRCL	New	STERICYCLE	$585,000	–	12,245	–	0.21%	–
PNC	New	PNC FINANCIAL SERVICES GROUP	$560,000	–	4,079	–	0.20%	–
ANTM	New	ANTHEM	$553,000	–	1,960	–	0.20%	–
VRA	New	VERA BRADLEY	$548,000	–	45,683	–	0.20%	–
CL	New	COLGATE-PALMOLIVE	$539,000	–	7,515	–	0.19%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$496,000	–	5,365	–	0.18%	–
AMCR	New	AMCOR	$432,000	–	37,561	–	0.15%	–
LLY	New	LILLY ELI	$429,000	–	3,875	–	0.15%	–
MDLZ	New	MONDELEZ INTL	$428,000	–	7,937	–	0.15%	–
BKH	New	BLACK HILLS	$422,000	–	5,400	–	0.15%	–
GWW	New	GRAINGER W W	$398,000	–	1,482	–	0.14%	–
FRME	New	FIRST MERCHANTS	$392,000	–	10,331	–	0.14%	–
VEU	New	VANGUARD FTSE ALL-WORLD ETF EX	$384,000	–	7,523	–	0.14%	–
ADM	New	ARCHER DANIELS MIDLAND	$354,000	–	8,666	–	0.13%	–
AES	New	AES	$342,000	–	20,400	–	0.12%	–
BRKA	New	BERKSHIRE HATHAWAY A	$318,000	–	1	–	0.11%	–
ITW	New	ILLINOIS TOOL WORKS	$303,000	–	2,008	–	0.11%	–
DELL	New	DELL TECHNOLOGIES	$247,000	–	4,865	–	0.09%	–
NUE	New	NUCOR	$244,000	–	4,427	–	0.09%	–
CHKP	New	CHECK POINT SOFTWARE	$243,000	–	2,100	–	0.09%	–
ECL	New	ECOLAB	$241,000	–	1,221	–	0.09%	–
WM	New	WASTE MANAGEMENT	$236,000	–	2,045	–	0.08%	–
STZ	New	CONSTELLATION BRANDS	$236,000	–	1,200	–	0.08%	–
NKE	New	NIKE	$231,000	–	2,750	–	0.08%	–
HSBCPRA	New	HSBC HLDGS PLC ADR A 1/40PF Aprd	$220,000	–	8,400	–	0.08%	–
OKE	New	ONEOK	$214,000	–	3,112	–	0.08%	–
SPY	New	S&P 500 INDEX ETF	$206,000	–	704	–	0.07%	–
FFIV	New	F5 NETWORKS	$204,000	–	1,400	–	0.07%	–
ORCL	New	ORACLE	$204,000	–	3,580	–	0.07%	–
MAT	New	MATTEL	$186,000	–	16,600	–	0.07%	–
QEP	New	QEP RESOURCES	$123,000	–	17,000	–	0.04%	–

Q4 2018

			Value		Shares		↓ Weighting
SSY	Exit	SUNLINK HEALTH SYSTEMS	$0	–	-12,000	–	-0.01%	–
MAT	Exit	MATTEL	$0	–	-10,500	–	-0.06%	–
QEP	Exit	QEP RESOURCES	$0	–	-17,675	–	-0.07%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-3,000	–	-0.07%	–
ORCL	Exit	ORACLE	$0	–	-3,990	–	-0.08%	–
SPY	Exit	S&P 500 INDEX ETF	$0	–	-722	–	-0.08%	–
OKE	Exit	ONEOK	$0	–	-3,183	–	-0.08%	–
HSBCPRA	Exit	HSBC HLDGS PLC ADR A 1/40PF Aprd	$0	–	-8,400	–	-0.08%	–
CAT	Exit	CATERPILLAR	$0	–	-1,500	–	-0.08%	–
NKE	Exit	NIKE	$0	–	-2,750	–	-0.08%	–
CDK	Exit	CDK GLOBAL	$0	–	-3,893	–	-0.09%	–
BDX	Exit	BECTON DICKINSON	$0	–	-976	–	-0.09%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-1,200	–	-0.09%	–
AES	Exit	AES	$0	–	-19,900	–	-0.10%	–
NUE	Exit	NUCOR	$0	–	-4,710	–	-0.11%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.11%	–
BRKA	Exit	BERKSHIRE HATHAWAY A	$0	–	-1	–	-0.12%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-2,308	–	-0.12%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,937	–	-0.12%	–
BMS	Exit	BEMIS	$0	–	-7,520	–	-0.13%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-4,740	–	-0.15%	–
FRME	Exit	FIRST MERCHANTS	$0	–	-10,331	–	-0.17%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,515	–	-0.18%	–
LLY	Exit	LILLY ELI	$0	–	-4,723	–	-0.18%	–
GWW	Exit	GRAINGER W W	$0	–	-1,482	–	-0.19%	–
ANTM	Exit	ANTHEM	$0	–	-1,960	–	-0.19%	–
PNC	Exit	PNC FINANCIAL SERVICES GROUP	$0	–	-3,979	–	-0.20%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,493	–	-0.23%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-5,584	–	-0.24%	–
PWR	Exit	QUANTA SERVICES	$0	–	-20,735	–	-0.25%	–
VRA	Exit	VERA BRADLEY	$0	–	-46,783	–	-0.26%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-4,699	–	-0.28%	–
PLXS	Exit	PLEXUS	$0	–	-14,000	–	-0.30%	–
MO	Exit	ALTRIA GROUP	$0	–	-13,651	–	-0.30%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-4,697	–	-0.31%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-17,124	–	-0.33%	–
CB	Exit	CHUBB LIMITED	$0	–	-6,930	–	-0.34%	–
SRCL	Exit	STERICYCLE	$0	–	-16,675	–	-0.35%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-4,644	–	-0.36%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-864	–	-0.38%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-21,425	–	-0.40%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-13,665	–	-0.40%	–
SLB	Exit	SCHLUMBERGER	$0	–	-18,271	–	-0.40%	–
DIS	Exit	DISNEY WALT	$0	–	-10,610	–	-0.45%	–
PX	Exit	PRAXAIR	$0	–	-7,980	–	-0.46%	–
DVMT	Exit	DELL TECHNOLOGIES VMWARE	$0	–	-13,917	–	-0.49%	–
PPL	Exit	PPL	$0	–	-46,525	–	-0.49%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-26,252	–	-0.59%	–
PEP	Exit	PEPSICO	$0	–	-14,677	–	-0.59%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,396	–	-0.60%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-17,177	–	-0.64%	–
TGT	Exit	TARGET	$0	–	-21,169	–	-0.68%	–
BP	Exit	BP ADR	$0	–	-40,661	–	-0.68%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-89,562	–	-0.70%	–
CVX	Exit	CHEVRONTEXACO	$0	–	-16,208	–	-0.72%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-176,441	–	-0.72%	–
J	Exit	JACOBS ENGINEERING	$0	–	-29,397	–	-0.81%	–
GPC	Exit	GENUINE PARTS	$0	–	-24,249	–	-0.87%	–
WFC	Exit	WELLS FARGO	$0	–	-47,294	–	-0.90%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-22,176	–	-0.90%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-55,928	–	-0.91%	–
T	Exit	AT&T	$0	–	-86,534	–	-1.05%	–
KR	Exit	KROGER	$0	–	-101,850	–	-1.07%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-21,025	–	-1.28%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-47,252	–	-1.31%	–
SYK	Exit	STRYKER	$0	–	-22,055	–	-1.42%	–
AFL	Exit	AFLAC	$0	–	-84,830	–	-1.44%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-52,787	–	-1.48%	–
FLS	Exit	FLOWSERVE	$0	–	-77,755	–	-1.54%	–
VWO	Exit	VANGUARD EMERGING MARKETS ETF	$0	–	-110,046	–	-1.63%	–
AAPL	Exit	APPLE	$0	–	-20,433	–	-1.67%	–
USB	Exit	U.S. BANCORP	$0	–	-88,743	–	-1.70%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-37,899	–	-1.80%	–
ABBV	Exit	ABBVIE	$0	–	-55,544	–	-1.90%	–
PFE	Exit	PFIZER	$0	–	-119,613	–	-1.91%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-63,358	–	-1.91%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-38,245	–	-1.94%	–
ACN	Exit	ACCENTURE PLC	$0	–	-32,499	–	-2.00%	–
MMM	Exit	3M COMPANY	$0	–	-26,436	–	-2.02%	–
SYY	Exit	SYSCO	$0	–	-77,466	–	-2.05%	–
KO	Exit	COCA-COLA	$0	–	-137,946	–	-2.31%	–
XOM	Exit	EXXON MOBIL	$0	–	-76,419	–	-2.35%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-88,946	–	-2.36%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-88,125	–	-2.44%	–
INTC	Exit	INTEL	$0	–	-146,545	–	-2.51%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-74,272	–	-2.64%	–
WMT	Exit	WAL-MART STORES	$0	–	-78,414	–	-2.66%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-157,102	–	-2.69%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-159,424	–	-2.81%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-52,477	–	-2.86%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-118,747	–	-3.13%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-62,952	–	-3.15%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-187,515	–	-3.15%	–
MSFT	Exit	MICROSOFT	$0	–	-77,531	–	-3.21%	–
HD	Exit	HOME DEPOT	$0	–	-43,123	–	-3.23%	–
MCD	Exit	MCDONALD'S	$0	–	-53,985	–	-3.27%	–
MRK	Exit	MERCK & CO	$0	–	-145,603	–	-3.74%	–

Q3 2018

			Value		Shares		↓ Weighting
MRK	Sell	MERCK & CO	$10,329,000	+12.7%	145,603	-3.6%	3.74%	+6.4%
MCD	Sell	MCDONALD'S	$9,031,000	+6.5%	53,985	-0.2%	3.27%	+0.5%
HD	Sell	HOME DEPOT	$8,933,000	+4.3%	43,123	-1.7%	3.23%	-1.5%
MSFT	Sell	MICROSOFT	$8,867,000	+9.4%	77,531	-5.7%	3.21%	+3.2%
LKFN	Sell	LAKELAND FINANCIAL	$8,716,000	-5.7%	187,515	-2.2%	3.15%	-11.0%
JNJ	Sell	JOHNSON & JOHNSON	$8,698,000	+12.0%	62,952	-1.7%	3.15%	+5.7%
WBA	Sell	WALGREENS BOOTS ALLIANCE	$8,657,000	+21.2%	118,747	-0.2%	3.13%	+14.5%
ADP	Sell	AUTOMATIC DATA PROCESSING	$7,906,000	+10.3%	52,477	-1.8%	2.86%	+4.1%
CSCO	Sell	CISCO SYSTEMS	$7,756,000	+10.4%	159,424	-2.4%	2.81%	+4.2%
FELE	Sell	FRANKLIN ELECTRIC	$7,423,000	-0.3%	157,102	-4.8%	2.69%	-5.9%
WMT	Sell	WAL-MART STORES	$7,364,000	+5.0%	78,414	-4.2%	2.66%	-0.9%
MDT	Sell	MEDTRONIC PLC	$7,306,000	+7.7%	74,272	-6.2%	2.64%	+1.7%
INTC	Sell	INTEL	$6,930,000	-5.7%	146,545	-0.9%	2.51%	-11.0%
EMR	Sell	EMERSON ELECTRIC	$6,749,000	+4.7%	88,125	-5.5%	2.44%	-1.2%
ABT	Sell	ABBOTT LABORATORIES	$6,525,000	+12.4%	88,946	-6.6%	2.36%	+6.1%
XOM	Sell	EXXON MOBIL	$6,497,000	-1.1%	76,419	-3.8%	2.35%	-6.7%
KO	Buy	COCA-COLA	$6,372,000	+6.5%	137,946	+1.1%	2.31%	+0.5%
SYY	Sell	SYSCO	$5,674,000	+3.6%	77,466	-3.4%	2.05%	-2.2%
MMM	Buy	3M COMPANY	$5,570,000	+7.2%	26,436	+0.1%	2.02%	+1.2%
ACN	Sell	ACCENTURE PLC	$5,531,000	+2.5%	32,499	-1.5%	2.00%	-3.3%
UTX	Sell	UNITED TECHNOLOGIES	$5,347,000	+9.3%	38,245	-2.3%	1.94%	+3.1%
PG	Sell	PROCTER & GAMBLE	$5,273,000	+1.1%	63,358	-5.2%	1.91%	-4.6%
PFE	Sell	PFIZER	$5,271,000	+16.6%	119,613	-4.0%	1.91%	+10.0%
ABBV	Sell	ABBVIE	$5,253,000	+0.8%	55,544	-1.2%	1.90%	-4.8%
ZBH	Sell	ZIMMER HOLDINGS	$4,983,000	+17.0%	37,899	-0.8%	1.80%	+10.4%
USB	Sell	U.S. BANCORP	$4,687,000	+4.2%	88,743	-1.3%	1.70%	-1.6%
AAPL	Sell	APPLE	$4,613,000	+19.6%	20,433	-2.0%	1.67%	+12.8%
VWO	Buy	VANGUARD EMERGING MARKETS ETF	$4,512,000	+3.3%	110,046	+6.4%	1.63%	-2.4%
FLS	Sell	FLOWSERVE	$4,252,000	+30.5%	77,755	-3.6%	1.54%	+23.2%
GILD	Sell	GILEAD SCIENCES	$4,076,000	+4.7%	52,787	-3.9%	1.48%	-1.2%
AFL	Sell	AFLAC	$3,993,000	+7.1%	84,830	-2.2%	1.44%	+1.0%
SYK	Sell	STRYKER	$3,919,000	+4.4%	22,055	-0.8%	1.42%	-1.5%
CINF	Sell	CINCINNATI FINANCIAL	$3,629,000	+12.9%	47,252	-1.7%	1.31%	+6.6%
NEE	Sell	NEXTERA ENERGY	$3,524,000	-0.1%	21,025	-0.4%	1.28%	-5.8%
KR	Buy	KROGER	$2,965,000	+8.6%	101,850	+6.2%	1.07%	+2.6%
T	Buy	AT&T	$2,906,000	+7.3%	86,534	+2.6%	1.05%	+1.3%
STLD	Sell	STEEL DYNAMICS	$2,527,000	-3.7%	55,928	-2.1%	0.91%	-9.1%
JPM	Sell	JPMORGAN CHASE	$2,502,000	+3.9%	22,176	-4.0%	0.90%	-2.0%
WFC	Buy	WELLS FARGO	$2,486,000	+2.7%	47,294	+8.3%	0.90%	-3.0%
GPC	Sell	GENUINE PARTS	$2,410,000	+8.0%	24,249	-0.3%	0.87%	+1.9%
J	Sell	JACOBS ENGINEERING	$2,249,000	+12.4%	29,397	-6.7%	0.81%	+6.1%
GE	Sell	GENERAL ELECTRIC	$1,992,000	-25.0%	176,441	-9.6%	0.72%	-29.2%
CVX	Sell	CHEVRONTEXACO	$1,982,000	-4.5%	16,208	-1.3%	0.72%	-9.9%
VOD	Buy	VODAFONE GROUP PLC	$1,943,000	-2.8%	89,562	+8.9%	0.70%	-8.3%
BP	Buy	BP ADR	$1,874,000	+1.5%	40,661	+0.5%	0.68%	-4.2%
TGT	Sell	TARGET	$1,867,000	-16.0%	21,169	-27.5%	0.68%	-20.7%
GOOG	Sell	ALPHABET CLASS C	$1,666,000	+3.5%	1,396	-3.3%	0.60%	-2.3%
PEP	Sell	PEPSICO	$1,641,000	-0.5%	14,677	-3.1%	0.59%	-6.0%
BMY	Sell	BRISTOL-MYERS SQUIBB	$1,630,000	+11.1%	26,252	-0.9%	0.59%	+5.0%
PPL	Sell	PPL	$1,361,000	-3.4%	46,525	-5.7%	0.49%	-8.7%
DVMT	Sell	DELL TECHNOLOGIES VMWARE	$1,352,000	+13.4%	13,917	-1.3%	0.49%	+7.0%
PX	Sell	PRAXAIR	$1,283,000	-0.1%	7,980	-1.7%	0.46%	-5.7%
SLB	Sell	SCHLUMBERGER	$1,113,000	-16.9%	18,271	-8.5%	0.40%	-21.4%
RCI	Sell	ROGERS COMMUNICATIONS	$1,101,000	+5.1%	21,425	-2.9%	0.40%	-1.0%
SRCL	Buy	STERICYCLE	$978,000	-8.0%	16,675	+2.5%	0.35%	-13.2%
VZ	Sell	VERIZON COMMUNICATIONS	$914,000	+0.3%	17,124	-5.5%	0.33%	-5.2%
PLXS	Sell	PLEXUS	$819,000	-19.5%	14,000	-18.1%	0.30%	-24.1%
VRA	Sell	VERA BRADLEY	$714,000	-6.5%	46,783	-14.0%	0.26%	-11.9%
PWR	Buy	QUANTA SERVICES	$692,000	+49.1%	20,735	+49.2%	0.25%	+40.4%
KMB	Sell	KIMBERLY-CLARK	$624,000	+7.8%	5,493	-0.1%	0.23%	+1.8%
LLY	Sell	LILLY ELI	$507,000	+13.7%	4,723	-9.6%	0.18%	+7.0%
CNI	Sell	CANADIAN NATIONAL RAILWAY	$426,000	-7.6%	4,740	-16.0%	0.15%	-13.0%
BDX	New	BECTON DICKINSON	$255,000	–	976	–	0.09%	–
CDK	Sell	CDK GLOBAL	$244,000	-6.5%	3,893	-2.9%	0.09%	-12.0%
NKE	Buy	NIKE	$233,000	+9.4%	2,750	+2.8%	0.08%	+2.4%
SPY	New	S&P 500 INDEX ETF	$210,000	–	722	–	0.08%	–
ORCL	New	ORACLE	$206,000	–	3,990	–	0.08%	–
LNC	New	LINCOLN NATIONAL	$203,000	–	3,000	–	0.07%	–
QEP	Sell	QEP RESOURCES	$200,000	-8.7%	17,675	-0.8%	0.07%	-14.3%
SSY	Sell	SUNLINK HEALTH SYSTEMS	$16,000	-44.8%	12,000	-46.7%	0.01%	-45.5%

Q2 2018

			Value		Shares		↓ Weighting
LKFN	New	LAKELAND FINANCIAL	$9,243,000	–	191,812	–	3.54%	–
MRK	New	MERCK & CO	$9,166,000	–	151,007	–	3.51%	–
HD	New	HOME DEPOT	$8,563,000	–	43,891	–	3.28%	–
MCD	New	MCDONALD'S	$8,479,000	–	54,114	–	3.25%	–
MSFT	New	MICROSOFT	$8,107,000	–	82,212	–	3.11%	–
JNJ	New	JOHNSON & JOHNSON	$7,767,000	–	64,014	–	2.98%	–
FELE	New	FRANKLIN ELECTRIC	$7,445,000	–	165,067	–	2.85%	–
INTC	New	INTEL	$7,347,000	–	147,805	–	2.82%	–
ADP	New	AUTOMATIC DATA PROCESSING	$7,167,000	–	53,427	–	2.75%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$7,140,000	–	118,971	–	2.74%	–
CSCO	New	CISCO SYSTEMS	$7,027,000	–	163,300	–	2.69%	–
WMT	New	WAL-MART STORES	$7,011,000	–	81,857	–	2.69%	–
MDT	New	MEDTRONIC PLC	$6,782,000	–	79,222	–	2.60%	–
XOM	New	EXXON MOBIL	$6,570,000	–	79,415	–	2.52%	–
EMR	New	EMERSON ELECTRIC	$6,448,000	–	93,265	–	2.47%	–
KO	New	COCA-COLA	$5,985,000	–	136,462	–	2.30%	–
ABT	New	ABBOTT LABORATORIES	$5,805,000	–	95,184	–	2.23%	–
SYY	New	SYSCO	$5,478,000	–	80,216	–	2.10%	–
ACN	New	ACCENTURE PLC	$5,396,000	–	32,982	–	2.07%	–
PG	New	PROCTER & GAMBLE	$5,216,000	–	66,818	–	2.00%	–
ABBV	New	ABBVIE	$5,210,000	–	56,234	–	2.00%	–
MMM	New	3M COMPANY	$5,196,000	–	26,411	–	1.99%	–
UTX	New	UNITED TECHNOLOGIES	$4,894,000	–	39,144	–	1.88%	–
PFE	New	PFIZER	$4,522,000	–	124,633	–	1.73%	–
USB	New	U.S. BANCORP	$4,496,000	–	89,893	–	1.72%	–
VWO	New	VANGUARD EMERGING MARKETS ETF	$4,366,000	–	103,456	–	1.67%	–
ZBH	New	ZIMMER HOLDINGS	$4,259,000	–	38,219	–	1.63%	–
GILD	New	GILEAD SCIENCES	$3,893,000	–	54,952	–	1.49%	–
AAPL	New	APPLE	$3,858,000	–	20,841	–	1.48%	–
SYK	New	STRYKER	$3,755,000	–	22,235	–	1.44%	–
AFL	New	AFLAC	$3,730,000	–	86,715	–	1.43%	–
NEE	New	NEXTERA ENERGY	$3,528,000	–	21,120	–	1.35%	–
FLS	New	FLOWSERVE	$3,259,000	–	80,665	–	1.25%	–
CINF	New	CINCINNATI FINANCIAL	$3,214,000	–	48,072	–	1.23%	–
KR	New	KROGER	$2,729,000	–	95,915	–	1.05%	–
T	New	AT&T	$2,709,000	–	84,354	–	1.04%	–
GE	New	GENERAL ELECTRIC	$2,656,000	–	195,173	–	1.02%	–
STLD	New	STEEL DYNAMICS	$2,624,000	–	57,103	–	1.01%	–
WFC	New	WELLS FARGO	$2,420,000	–	43,652	–	0.93%	–
JPM	New	JPMORGAN CHASE	$2,408,000	–	23,106	–	0.92%	–
GPC	New	GENUINE PARTS	$2,232,000	–	24,314	–	0.86%	–
TGT	New	TARGET	$2,222,000	–	29,194	–	0.85%	–
CVX	New	CHEVRONTEXACO	$2,076,000	–	16,418	–	0.80%	–
J	New	JACOBS ENGINEERING	$2,000,000	–	31,497	–	0.77%	–
VOD	New	VODAFONE GROUP PLC	$2,000,000	–	82,267	–	0.77%	–
BP	New	BP ADR	$1,847,000	–	40,444	–	0.71%	–
NTRS	New	NORTHERN TRUST	$1,767,000	–	17,177	–	0.68%	–
PEP	New	PEPSICO	$1,649,000	–	15,147	–	0.63%	–
GOOG	New	ALPHABET CLASS C	$1,610,000	–	1,443	–	0.62%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,467,000	–	26,502	–	0.56%	–
PPL	New	PPL	$1,409,000	–	49,350	–	0.54%	–
SLB	New	SCHLUMBERGER	$1,339,000	–	19,971	–	0.51%	–
PX	New	PRAXAIR	$1,284,000	–	8,122	–	0.49%	–
DVMT	New	DELL TECHNOLOGIES VMWARE	$1,192,000	–	14,099	–	0.46%	–
DIS	New	DISNEY WALT	$1,112,000	–	10,610	–	0.43%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$1,103,000	–	13,665	–	0.42%	–
SRCL	New	STERICYCLE	$1,063,000	–	16,275	–	0.41%	–
RCI	New	ROGERS COMMUNICATIONS	$1,048,000	–	22,075	–	0.40%	–
PLXS	New	PLEXUS	$1,018,000	–	17,100	–	0.39%	–
GOOGL	New	ALPHABET CLASS A	$976,000	–	864	–	0.37%	–
VZ	New	VERIZON COMMUNICATIONS	$911,000	–	18,115	–	0.35%	–
CB	New	CHUBB LIMITED	$880,000	–	6,930	–	0.34%	–
BRKB	New	BERKSHIRE HATHAWAY B	$867,000	–	4,644	–	0.33%	–
MO	New	ALTRIA GROUP	$775,000	–	13,651	–	0.30%	–
VRA	New	VERA BRADLEY	$764,000	–	54,408	–	0.29%	–
APD	New	AIR PRODUCTS & CHEMICALS	$732,000	–	4,699	–	0.28%	–
NSC	New	NORFOLK SOUTHERN	$709,000	–	4,697	–	0.27%	–
UPS	New	UNITED PARCEL SERVICE	$593,000	–	5,584	–	0.23%	–
KMB	New	KIMBERLY-CLARK	$579,000	–	5,498	–	0.22%	–
PNC	New	PNC FINANCIAL SERVICES GROUP	$538,000	–	3,979	–	0.21%	–
CL	New	COLGATE-PALMOLIVE	$487,000	–	7,515	–	0.19%	–
FRME	New	FIRST MERCHANTS	$479,000	–	10,331	–	0.18%	–
ANTM	New	ANTHEM	$467,000	–	1,960	–	0.18%	–
PWR	New	QUANTA SERVICES	$464,000	–	13,895	–	0.18%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$461,000	–	5,640	–	0.18%	–
GWW	New	GRAINGER W W	$457,000	–	1,482	–	0.18%	–
LLY	New	LILLY ELI	$446,000	–	5,223	–	0.17%	–
BKH	New	BLACK HILLS	$331,000	–	5,400	–	0.13%	–
MDLZ	New	MONDELEZ INTL	$325,000	–	7,937	–	0.12%	–
ITW	New	ILLINOIS TOOL WORKS	$320,000	–	2,308	–	0.12%	–
BMS	New	BEMIS	$317,000	–	7,520	–	0.12%	–
NUE	New	NUCOR	$294,000	–	4,710	–	0.11%	–
BRKA	New	BERKSHIRE HATHAWAY A	$282,000	–	1	–	0.11%	–
AES	New	AES	$267,000	–	19,900	–	0.10%	–
STZ	New	CONSTELLATION BRANDS	$263,000	–	1,200	–	0.10%	–
CDK	New	CDK GLOBAL	$261,000	–	4,009	–	0.10%	–
HSBCPRA	New	HSBC HLDGS PLC ADR A 1/40PF Aprd	$223,000	–	8,400	–	0.08%	–
OKE	New	ONEOK	$222,000	–	3,183	–	0.08%	–
QEP	New	QEP RESOURCES	$219,000	–	17,825	–	0.08%	–
NKE	New	NIKE	$213,000	–	2,675	–	0.08%	–
CAT	New	CATERPILLAR	$204,000	–	1,500	–	0.08%	–
MAT	New	MATTEL	$172,000	–	10,500	–	0.07%	–
SSY	New	SUNLINK HEALTH SYSTEMS	$29,000	–	22,493	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
SSY	Exit	SUNLINK HEALTH SYSTEMS	$0	–	-23,947	–	-0.01%	–
WLL	Exit	WHITING PETROLEUM	$0	–	-14,250	–	-0.03%	–
QEP	Exit	QEP RESOURCES	$0	–	-19,325	–	-0.06%	–
HSBCPRA	Exit	HSBC HLDGS PLC ADR A 1/40PF Aprd	$0	–	-8,400	–	-0.08%	–
KHC	Exit	KRAFT HEINZ	$0	–	-3,012	–	-0.09%	–
DUK	Exit	DUKE ENERGY	$0	–	-2,804	–	-0.09%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-1,225	–	-0.09%	–
GWW	Exit	GRAINGER W W	$0	–	-1,482	–	-0.10%	–
NUE	Exit	NUCOR	$0	–	-4,794	–	-0.10%	–
NKE	Exit	NIKE	$0	–	-5,275	–	-0.10%	–
BRKA	Exit	BERKSHIRE HATHAWAY A	$0	–	-1	–	-0.10%	–
OKE	Exit	ONEOK INC NEW COM	$0	–	-5,022	–	-0.10%	–
CDK	Exit	CDK GLOBAL	$0	–	-4,567	–	-0.11%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-4,300	–	-0.12%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,999	–	-0.12%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-2,333	–	-0.13%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.14%	–
ANTM	Exit	ANTHEM	$0	–	-1,960	–	-0.14%	–
BMS	Exit	BEMIS	$0	–	-8,695	–	-0.15%	–
FRME	Exit	FIRST MERCHANTS COM	$0	–	-10,331	–	-0.17%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-5,790	–	-0.18%	–
LLY	Exit	LILLY ELI	$0	–	-5,673	–	-0.18%	–
PNC	Exit	PNC FIN'L SVCS GROUP	$0	–	-3,913	–	-0.20%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,449	–	-0.20%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-4,597	–	-0.23%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,590	–	-0.24%	–
VRA	Exit	VERA BRADLEY	$0	–	-76,783	–	-0.25%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-5,759	–	-0.26%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-4,664	–	-0.26%	–
KR	Exit	KROGER	$0	–	-40,200	–	-0.30%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-859	–	-0.31%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-4,613	–	-0.32%	–
MO	Exit	ALTRIA GROUP	$0	–	-13,972	–	-0.33%	–
CB	Exit	CHUBB LIMITED	$0	–	-6,685	–	-0.36%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-19,360	–	-0.36%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-21,225	–	-0.41%	–
PLXS	Exit	PLEXUS	$0	–	-20,660	–	-0.43%	–
DIS	Exit	DISNEY WALT	$0	–	-11,860	–	-0.44%	–
DVMT	Exit	DELL TECHNOLOGIES VMWARE	$0	–	-15,750	–	-0.45%	–
PX	Exit	PRAXAIR	$0	–	-8,971	–	-0.47%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,488	–	-0.53%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-13,879	–	-0.58%	–
PPL	Exit	PPL	$0	–	-43,151	–	-0.61%	–
BP	Exit	BP ADR	$0	–	-43,060	–	-0.62%	–
SLB	Exit	SCHLUMBERGER	$0	–	-23,776	–	-0.62%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-28,237	–	-0.67%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-20,122	–	-0.69%	–
TGT	Exit	TARGET	$0	–	-31,415	–	-0.69%	–
PEP	Exit	PEPSICO	$0	–	-16,825	–	-0.70%	–
CVX	Exit	CHEVRONTEXACO	$0	–	-16,761	–	-0.73%	–
J	Exit	JACOBS ENGINEERING	$0	–	-37,262	–	-0.81%	–
GPC	Exit	GENUINE PARTS	$0	–	-22,781	–	-0.81%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-77,693	–	-0.82%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-23,946	–	-0.85%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-73,374	–	-0.94%	–
T	Exit	AT&T	$0	–	-74,845	–	-1.09%	–
AAPL	Exit	APPLE	$0	–	-20,386	–	-1.17%	–
WFC	Exit	WELLS FARGO	$0	–	-59,090	–	-1.22%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-22,871	–	-1.25%	–
VWO	Exit	VANGUARD EMERGING MARKETS ETF	$0	–	-79,634	–	-1.29%	–
FLS	Exit	FLOWSERVE	$0	–	-83,099	–	-1.32%	–
AFL	Exit	AFLAC	$0	–	-48,064	–	-1.46%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-52,371	–	-1.50%	–
SYK	Exit	STRYKER	$0	–	-28,252	–	-1.50%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-180,190	–	-1.62%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-55,559	–	-1.68%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-38,948	–	-1.70%	–
PFE	Exit	PFIZER	$0	–	-131,056	–	-1.74%	–
ACN	Exit	ACCENTURE PLC	$0	–	-35,813	–	-1.80%	–
SYY	Exit	SYSCO	$0	–	-89,747	–	-1.80%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-45,015	–	-1.95%	–
USB	Exit	U.S. BANCORP	$0	–	-99,148	–	-1.98%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-104,435	–	-2.08%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-178,161	–	-2.23%	–
MMM	Exit	3M COMPANY	$0	–	-28,801	–	-2.25%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-56,551	–	-2.30%	–
ABBV	Exit	ABBVIE	$0	–	-69,750	–	-2.31%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-103,627	–	-2.43%	–
INTC	Exit	INTEL	$0	–	-172,682	–	-2.45%	–
KO	Exit	COCA-COLA	$0	–	-146,505	–	-2.46%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-85,452	–	-2.48%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-76,232	–	-2.59%	–
XOM	Exit	EXXON MOBIL	$0	–	-85,818	–	-2.62%	–
MSFT	Exit	MICROSOFT	$0	–	-95,353	–	-2.65%	–
WMT	Exit	WAL-MART STORES	$0	–	-98,516	–	-2.87%	–
HD	Exit	HOME DEPOT	$0	–	-48,179	–	-2.94%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-182,906	–	-3.06%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-65,979	–	-3.20%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-112,497	–	-3.24%	–
MCD	Exit	MCDONALD'S	$0	–	-59,817	–	-3.49%	–
MRK	Exit	MERCK & CO	$0	–	-154,004	–	-3.68%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-204,952	–	-3.72%	–

Q3 2017

			Value		Shares		↓ Weighting
LKFN	Sell	LAKELAND FINANCIAL	$9,985,000	+4.7%	204,952	-1.4%	3.72%	+3.2%
MRK	Sell	MERCK & CO	$9,861,000	-0.8%	154,004	-0.7%	3.68%	-2.3%
MCD	Sell	MCDONALD'S	$9,372,000	-1.9%	59,817	-4.1%	3.49%	-3.4%
WBA	Sell	WALGREENS BOOTS ALLIANCE	$8,687,000	-3.2%	112,497	-1.8%	3.24%	-4.7%
JNJ	Sell	JOHNSON & JOHNSON	$8,578,000	-5.0%	65,979	-3.4%	3.20%	-6.5%
FELE	Sell	FRANKLIN ELECTRIC	$8,203,000	+5.4%	182,906	-2.7%	3.06%	+3.8%
HD	Sell	HOME DEPOT	$7,880,000	+4.9%	48,179	-1.7%	2.94%	+3.3%
WMT	Sell	WAL-MART STORES	$7,698,000	+2.3%	98,516	-0.9%	2.87%	+0.8%
MSFT	Sell	MICROSOFT	$7,103,000	+4.9%	95,353	-2.9%	2.65%	+3.4%
XOM	Sell	EXXON MOBIL	$7,035,000	+1.4%	85,818	-0.2%	2.62%	-0.2%
PG	Sell	PROCTER & GAMBLE	$6,936,000	+3.1%	76,232	-1.3%	2.59%	+1.5%
MDT	Sell	MEDTRONIC PLC	$6,646,000	-13.2%	85,452	-1.0%	2.48%	-14.5%
KO	Sell	COCA-COLA	$6,594,000	-2.7%	146,505	-3.1%	2.46%	-4.2%
INTC	Sell	INTEL	$6,576,000	+11.8%	172,682	-1.0%	2.45%	+10.1%
EMR	Sell	EMERSON ELECTRIC	$6,512,000	+4.3%	103,627	-1.0%	2.43%	+2.8%
ABBV	Sell	ABBVIE	$6,198,000	+17.5%	69,750	-4.1%	2.31%	+15.8%
ADP	Sell	AUTOMATIC DATA PROCESSING	$6,182,000	+4.8%	56,551	-1.8%	2.30%	+3.2%
MMM	Sell	3M COMPANY	$6,045,000	-3.0%	28,801	-3.8%	2.25%	-4.5%
CSCO	Buy	CISCO SYSTEMS	$5,992,000	+8.2%	178,161	+0.7%	2.23%	+6.5%
ABT	Sell	ABBOTT LABORATORIES	$5,573,000	+7.5%	104,435	-2.1%	2.08%	+5.9%
USB	Sell	U.S. BANCORP	$5,313,000	+2.6%	99,148	-0.6%	1.98%	+1.1%
UTX	Sell	UNITED TECHNOLOGIES	$5,225,000	-7.7%	45,015	-2.9%	1.95%	-9.1%
SYY	Sell	SYSCO	$4,842,000	+5.6%	89,747	-1.5%	1.80%	+4.0%
ACN	Sell	ACCENTURE PLC	$4,837,000	+6.1%	35,813	-2.8%	1.80%	+4.5%
PFE	Buy	PFIZER	$4,679,000	+9.8%	131,056	+3.3%	1.74%	+8.1%
ZBH	Buy	ZIMMER HOLDINGS	$4,560,000	-7.3%	38,948	+1.7%	1.70%	-8.7%
GILD	Buy	GILEAD SCIENCES	$4,501,000	+23.3%	55,559	+7.7%	1.68%	+21.4%
GE	Buy	GENERAL ELECTRIC	$4,357,000	-3.1%	180,190	+8.3%	1.62%	-4.6%
SYK	Sell	STRYKER	$4,012,000	-0.7%	28,252	-3.0%	1.50%	-2.2%
CINF	Sell	CINCINNATI FINANCIAL	$4,010,000	+4.8%	52,371	-0.8%	1.50%	+3.2%
AFL	Sell	AFLAC	$3,912,000	+2.4%	48,064	-2.3%	1.46%	+0.8%
FLS	Buy	FLOWSERVE	$3,539,000	-0.4%	83,099	+8.6%	1.32%	-1.9%
VWO	Sell	VANGUARD EMERGING MARKETS ETF	$3,470,000	+3.4%	79,634	-3.2%	1.29%	+1.8%
NEE	Sell	NEXTERA ENERGY	$3,352,000	-2.0%	22,871	-6.3%	1.25%	-3.5%
WFC	Sell	WELLS FARGO	$3,259,000	-3.9%	59,090	-3.5%	1.22%	-5.4%
AAPL	Sell	APPLE	$3,142,000	+6.4%	20,386	-0.6%	1.17%	+4.7%
T	Buy	AT&T	$2,932,000	+10.2%	74,845	+6.2%	1.09%	+8.5%
STLD	Sell	STEEL DYNAMICS	$2,529,000	-8.6%	73,374	-5.0%	0.94%	-9.9%
JPM	Sell	JPMORGAN CHASE	$2,287,000	-0.7%	23,946	-4.9%	0.85%	-2.1%
VOD	Buy	VODAFONE GROUP PLC	$2,211,000	+2.4%	77,693	+3.3%	0.82%	+0.7%
GPC	Buy	GENUINE PARTS	$2,179,000	+11.5%	22,781	+8.1%	0.81%	+9.7%
J	Buy	JACOBS ENGINEERING	$2,171,000	+8.7%	37,262	+1.5%	0.81%	+7.0%
CVX	Sell	CHEVRONTEXACO	$1,969,000	+5.5%	16,761	-6.3%	0.73%	+4.0%
PEP	Sell	PEPSICO	$1,875,000	-4.3%	16,825	-0.9%	0.70%	-5.8%
TGT	Buy	TARGET	$1,854,000	+16.8%	31,415	+3.5%	0.69%	+15.0%
NTRS	Sell	NORTHERN TRUST	$1,850,000	-10.5%	20,122	-5.3%	0.69%	-11.8%
SLB	Sell	SCHLUMBERGER	$1,659,000	-4.3%	23,776	-9.7%	0.62%	-5.6%
BP	Sell	BP ADR	$1,655,000	+7.8%	43,060	-2.8%	0.62%	+6.2%
PPL	Sell	PPL	$1,638,000	-2.3%	43,151	-0.5%	0.61%	-3.6%
PM	Sell	PHILIP MORRIS INTERNATIONAL	$1,541,000	-8.8%	13,879	-3.5%	0.58%	-10.0%
GOOG	Sell	ALPHABET CLASS C	$1,427,000	+3.9%	1,488	-1.6%	0.53%	+2.3%
DVMT	Sell	DELL TECHNOLOGIES VMWARE	$1,216,000	+23.3%	15,750	-2.4%	0.45%	+21.4%
RCI	Sell	ROGERS COMMUNICATIONS	$1,094,000	+7.8%	21,225	-1.3%	0.41%	+6.2%
VZ	Sell	VERIZON COMMUNICATIONS	$958,000	+8.7%	19,360	-1.8%	0.36%	+7.2%
GOOGL	Sell	ALPHABET CLASS A	$836,000	+0.4%	859	-4.1%	0.31%	-1.0%
KR	Buy	KROGER	$806,000	-11.8%	40,200	+2.6%	0.30%	-13.3%
UPS	Sell	UNITED PARCEL SERVICE	$692,000	+7.3%	5,759	-1.3%	0.26%	+5.7%
VRA	Sell	VERA BRADLEY	$676,000	-11.7%	76,783	-1.9%	0.25%	-13.1%
KMB	Sell	KIMBERLY-CLARK	$658,000	-9.1%	5,590	-0.2%	0.24%	-10.6%
CL	Sell	COLGATE-PALMOLIVE	$543,000	-6.7%	7,449	-5.1%	0.20%	-8.2%
FRME	New	FIRST MERCHANTS COM	$444,000	–	10,331	–	0.17%	–
ITW	Sell	ILLINOIS TOOL WORKS	$345,000	-1.1%	2,333	-4.1%	0.13%	-2.3%
CDK	Sell	CDK GLOBAL	$288,000	-31.4%	4,567	-32.5%	0.11%	-32.7%
OKE	New	ONEOK INC NEW COM	$278,000	–	5,022	–	0.10%	–
NUE	Sell	NUCOR	$269,000	-5.9%	4,794	-3.0%	0.10%	-7.4%
GWW	Sell	GRAINGER W W	$266,000	-25.7%	1,482	-25.2%	0.10%	-27.2%
TGNA	Exit	TEGNA	$0	–	-14,415	–	-0.08%	–
ORCL	Exit	ORACLE	$0	–	-4,628	–	-0.09%	–
OKS	Exit	ONEOK PARTNERS	$0	–	-5,100	–	-0.10%	–
TEVA	Exit	TEVA PHARMACEUTICAL ADR	$0	–	-17,200	–	-0.22%	–

Q2 2017

			Value		Shares		↓ Weighting
MRK	New	MERCK & CO	$9,939,000	–	155,075	–	3.76%	–
MCD	New	MCDONALD'S	$9,553,000	–	62,375	–	3.62%	–
LKFN	New	LAKELAND FINANCIAL	$9,535,000	–	207,833	–	3.61%	–
JNJ	New	JOHNSON & JOHNSON	$9,033,000	–	68,280	–	3.42%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$8,974,000	–	114,597	–	3.40%	–
FELE	New	FRANKLIN ELECTRIC	$7,785,000	–	188,036	–	2.95%	–
MDT	New	MEDTRONIC PLC	$7,657,000	–	86,273	–	2.90%	–
WMT	New	WAL-MART STORES	$7,523,000	–	99,408	–	2.85%	–
HD	New	HOME DEPOT	$7,515,000	–	48,989	–	2.84%	–
XOM	New	EXXON MOBIL	$6,941,000	–	85,976	–	2.63%	–
KO	New	COCA-COLA	$6,778,000	–	151,137	–	2.57%	–
MSFT	New	MICROSOFT	$6,769,000	–	98,194	–	2.56%	–
PG	New	PROCTER & GAMBLE	$6,728,000	–	77,202	–	2.55%	–
EMR	New	EMERSON ELECTRIC	$6,242,000	–	104,690	–	2.36%	–
MMM	New	3M COMPANY	$6,235,000	–	29,950	–	2.36%	–
ADP	New	AUTOMATIC DATA PROCESSING	$5,899,000	–	57,570	–	2.23%	–
INTC	New	INTEL	$5,883,000	–	174,357	–	2.23%	–
UTX	New	UNITED TECHNOLOGIES	$5,663,000	–	46,380	–	2.14%	–
CSCO	New	CISCO SYSTEMS	$5,540,000	–	177,006	–	2.10%	–
ABBV	New	ABBVIE	$5,273,000	–	72,718	–	2.00%	–
ABT	New	ABBOTT LABORATORIES	$5,184,000	–	106,645	–	1.96%	–
USB	New	U.S. BANCORP	$5,178,000	–	99,723	–	1.96%	–
ZBH	New	ZIMMER HOLDINGS	$4,919,000	–	38,313	–	1.86%	–
SYY	New	SYSCO	$4,586,000	–	91,122	–	1.74%	–
ACN	New	ACCENTURE PLC	$4,557,000	–	36,843	–	1.72%	–
GE	New	GENERAL ELECTRIC	$4,496,000	–	166,447	–	1.70%	–
PFE	New	PFIZER	$4,263,000	–	126,906	–	1.61%	–
SYK	New	STRYKER	$4,041,000	–	29,117	–	1.53%	–
CINF	New	CINCINNATI FINANCIAL	$3,827,000	–	52,818	–	1.45%	–
AFL	New	AFLAC	$3,821,000	–	49,186	–	1.45%	–
GILD	New	GILEAD SCIENCES	$3,651,000	–	51,584	–	1.38%	–
FLS	New	FLOWSERVE	$3,552,000	–	76,494	–	1.34%	–
NEE	New	NEXTERA ENERGY	$3,421,000	–	24,411	–	1.30%	–
WFC	New	WELLS FARGO	$3,392,000	–	61,215	–	1.28%	–
VWO	New	VANGUARD EMERGING MARKETS ETF	$3,357,000	–	82,229	–	1.27%	–
AAPL	New	APPLE	$2,953,000	–	20,501	–	1.12%	–
STLD	New	STEEL DYNAMICS	$2,767,000	–	77,274	–	1.05%	–
T	New	AT&T	$2,660,000	–	70,499	–	1.01%	–
JPM	New	JPMORGAN CHASE	$2,302,000	–	25,186	–	0.87%	–
VOD	New	VODAFONE GROUP PLC	$2,160,000	–	75,193	–	0.82%	–
NTRS	New	NORTHERN TRUST	$2,067,000	–	21,259	–	0.78%	–
J	New	JACOBS ENGINEERING	$1,997,000	–	36,712	–	0.76%	–
PEP	New	PEPSICO	$1,960,000	–	16,975	–	0.74%	–
GPC	New	GENUINE PARTS	$1,955,000	–	21,081	–	0.74%	–
CVX	New	CHEVRONTEXACO	$1,866,000	–	17,884	–	0.71%	–
SLB	New	SCHLUMBERGER	$1,734,000	–	26,331	–	0.66%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$1,689,000	–	14,379	–	0.64%	–
PPL	New	PPL	$1,676,000	–	43,351	–	0.63%	–
TGT	New	TARGET	$1,588,000	–	30,365	–	0.60%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,573,000	–	28,237	–	0.60%	–
BP	New	BP ADR	$1,535,000	–	44,288	–	0.58%	–
GOOG	New	ALPHABET CLASS C	$1,374,000	–	1,512	–	0.52%	–
DIS	New	DISNEY WALT	$1,260,000	–	11,860	–	0.48%	–
PX	New	PRAXAIR	$1,189,000	–	8,971	–	0.45%	–
PLXS	New	PLEXUS	$1,086,000	–	20,660	–	0.41%	–
MO	New	ALTRIA GROUP	$1,040,000	–	13,972	–	0.39%	–
RCI	New	ROGERS COMMUNICATIONS	$1,015,000	–	21,500	–	0.38%	–
DVMT	New	DELL TECHNOLOGIES VMWARE	$986,000	–	16,137	–	0.37%	–
CB	New	CHUBB LIMITED	$972,000	–	6,685	–	0.37%	–
KR	New	KROGER	$914,000	–	39,200	–	0.35%	–
VZ	New	VERIZON COMMUNICATIONS	$881,000	–	19,718	–	0.33%	–
GOOGL	New	ALPHABET CLASS A	$833,000	–	896	–	0.32%	–
BRKB	New	BERKSHIRE HATHAWAY B	$781,000	–	4,613	–	0.30%	–
VRA	New	VERA BRADLEY	$766,000	–	78,283	–	0.29%	–
KMB	New	KIMBERLY-CLARK	$724,000	–	5,604	–	0.27%	–
APD	New	AIR PRODUCTS & CHEMICALS	$667,000	–	4,664	–	0.25%	–
UPS	New	UNITED PARCEL SERVICE	$645,000	–	5,834	–	0.24%	–
CL	New	COLGATE-PALMOLIVE	$582,000	–	7,849	–	0.22%	–
TEVA	New	TEVA PHARMACEUTICAL ADR	$571,000	–	17,200	–	0.22%	–
NSC	New	NORFOLK SOUTHERN	$559,000	–	4,597	–	0.21%	–
PNC	New	PNC FIN'L SVCS GROUP	$489,000	–	3,913	–	0.18%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$469,000	–	5,790	–	0.18%	–
LLY	New	LILLY ELI	$467,000	–	5,673	–	0.18%	–
CDK	New	CDK GLOBAL	$420,000	–	6,765	–	0.16%	–
BMS	New	BEMIS	$402,000	–	8,695	–	0.15%	–
ANTM	New	ANTHEM	$369,000	–	1,960	–	0.14%	–
BKH	New	BLACK HILLS	$364,000	–	5,400	–	0.14%	–
GWW	New	GRAINGER W W	$358,000	–	1,982	–	0.14%	–
ITW	New	ILLINOIS TOOL WORKS	$349,000	–	2,433	–	0.13%	–
MDLZ	New	MONDELEZ INTL	$345,000	–	7,999	–	0.13%	–
NKE	New	NIKE	$311,000	–	5,275	–	0.12%	–
LNC	New	LINCOLN NATIONAL	$291,000	–	4,300	–	0.11%	–
NUE	New	NUCOR	$286,000	–	4,944	–	0.11%	–
OKS	New	ONEOK PARTNERS	$260,000	–	5,100	–	0.10%	–
KHC	New	KRAFT HEINZ	$258,000	–	3,012	–	0.10%	–
BRKA	New	BERKSHIRE HATHAWAY A	$255,000	–	1	–	0.10%	–
STZ	New	CONSTELLATION BRANDS	$237,000	–	1,225	–	0.09%	–
DUK	New	DUKE ENERGY	$234,000	–	2,804	–	0.09%	–
ORCL	New	ORACLE	$232,000	–	4,628	–	0.09%	–
HSBCPRA	New	HSBC HLDGS PLC ADR A 1/40PF Aprd	$222,000	–	8,400	–	0.08%	–
TGNA	New	TEGNA	$208,000	–	14,415	–	0.08%	–
QEP	New	QEP RESOURCES	$195,000	–	19,325	–	0.07%	–
WLL	New	WHITING PETROLEUM	$79,000	–	14,250	–	0.03%	–
SSY	New	SUNLINK HEALTH SYSTEMS	$40,000	–	23,947	–	0.02%	–

Q4 2016

			Value		Shares		↓ Weighting
ENZN	Exit	ENZON PHARMACEUTICALS COM	$0	–	-10,000	–	-0.00%	–
SSY	Exit	SUNLINK HEALTH SYSTEMS	$0	–	-32,285	–	-0.02%	–
NOK	Exit	NOKIA ADR	$0	–	-11,000	–	-0.02%	–
VT	Exit	VANGUARD EQUITY INDEX WORLD ET	$0	–	-3,310	–	-0.08%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINE	$0	–	-1,281	–	-0.08%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-1,225	–	-0.08%	–
HSBCPRA	Exit	HSBC HLDGS PLC ADR A 1/40PF Aprd	$0	–	-8,400	–	-0.08%	–
PNW	Exit	PINNACLE WEST CAPITAL	$0	–	-2,800	–	-0.08%	–
BRKA	Exit	BERKSHIRE HATHAWAY A	$0	–	-1	–	-0.08%	–
ORCL	Exit	ORACLE	$0	–	-5,522	–	-0.08%	–
DUK	Exit	DUKE ENERGY	$0	–	-2,804	–	-0.08%	–
OKS	Exit	ONEOK PARTNERS	$0	–	-5,850	–	-0.09%	–
ANTM	Exit	ANTHEM INC COM	$0	–	-1,960	–	-0.09%	–
NUE	Exit	NUCOR	$0	–	-5,144	–	-0.10%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-5,800	–	-0.10%	–
KHC	Exit	KRAFT HEINZ	$0	–	-3,098	–	-0.10%	–
NKE	Exit	NIKE	$0	–	-5,420	–	-0.11%	–
ITW	Exit	ILLINOIS TOOL WORKS	$0	–	-2,433	–	-0.11%	–
QEP	Exit	QEP RESOURCES	$0	–	-15,275	–	-0.11%	–
TGNA	Exit	TEGNA	$0	–	-14,625	–	-0.12%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.12%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-8,258	–	-0.14%	–
PNC	Exit	PNC FIN'L SVCS GROUP	$0	–	-4,047	–	-0.14%	–
VAL	Exit	VALSPAR	$0	–	-3,881	–	-0.16%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-6,690	–	-0.17%	–
GWW	Exit	GRAINGER W W	$0	–	-1,982	–	-0.17%	–
BMS	Exit	BEMIS	$0	–	-8,820	–	-0.17%	–
LLY	Exit	LILLY ELI	$0	–	-5,673	–	-0.17%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-3,314	–	-0.19%	–
CDK	Exit	CDK GLOBAL	$0	–	-8,990	–	-0.20%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,349	–	-0.21%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-5,922	–	-0.22%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-6,082	–	-0.25%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-4,776	–	-0.26%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,494	–	-0.26%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-893	–	-0.27%	–
TEVA	Exit	TEVA PHARMACEUTICAL ADR	$0	–	-17,640	–	-0.31%	–
DVMT	Exit	DELL TECHNOLOGIES VMWARE	$0	–	-17,308	–	-0.31%	–
CB	Exit	CHUBB LIMITED	$0	–	-6,628	–	-0.32%	–
MO	Exit	ALTRIA GROUP	$0	–	-14,397	–	-0.34%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-21,800	–	-0.35%	–
PX	Exit	PRAXAIR	$0	–	-8,546	–	-0.39%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,390	–	-0.41%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-5,090	–	-0.41%	–
DIS	Exit	DISNEY WALT	$0	–	-11,862	–	-0.42%	–
PLXS	Exit	PLEXUS	$0	–	-24,733	–	-0.44%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-22,317	–	-0.44%	–
TGT	Exit	TARGET	$0	–	-18,745	–	-0.49%	–
VRA	Exit	VERA BRADLEY	$0	–	-86,633	–	-0.50%	–
PPL	Exit	PPL	$0	–	-41,875	–	-0.55%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-23,649	–	-0.61%	–
BP	Exit	BP ADR	$0	–	-45,901	–	-0.61%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-31,669	–	-0.65%	–
AAPL	Exit	APPLE	$0	–	-15,271	–	-0.65%	–
CLC	Exit	CLARCOR	$0	–	-26,825	–	-0.66%	–
J	Exit	JACOBS ENGINEERING	$0	–	-33,950	–	-0.66%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-27,952	–	-0.70%	–
GILD	Exit	GILEAD SCIENCES	$0	–	-24,065	–	-0.72%	–
GPC	Exit	GENUINE PARTS	$0	–	-20,899	–	-0.80%	–
SLB	Exit	SCHLUMBERGER	$0	–	-27,969	–	-0.83%	–
CVX	Exit	CHEVRONTEXACO	$0	–	-24,052	–	-0.94%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-104,270	–	-0.99%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-90,520	–	-1.00%	–
PEP	Exit	PEPSICO	$0	–	-24,880	–	-1.02%	–
T	Exit	AT&T	$0	–	-75,719	–	-1.16%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-25,763	–	-1.19%	–
AFL	Exit	AFLAC	$0	–	-46,402	–	-1.26%	–
FLS	Exit	FLOWSERVE	$0	–	-69,360	–	-1.27%	–
VWO	Exit	VANGUARD EMERGING MARKETS ETF	$0	–	-90,160	–	-1.28%	–
WFC	Exit	WELLS FARGO	$0	–	-78,835	–	-1.32%	–
SYK	Exit	STRYKER	$0	–	-31,997	–	-1.41%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-29,921	–	-1.47%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-55,797	–	-1.59%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-43,875	–	-1.62%	–
PFE	Exit	PFIZER	$0	–	-126,709	–	-1.63%	–
USB	Exit	U.S. BANCORP	$0	–	-101,220	–	-1.64%	–
ACN	Exit	ACCENTURE PLC	$0	–	-36,855	–	-1.71%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-107,698	–	-1.72%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-46,056	–	-1.77%	–
ABBV	Exit	ABBVIE	$0	–	-75,699	–	-1.81%	–
SYY	Exit	SYSCO	$0	–	-101,449	–	-1.88%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-57,708	–	-1.93%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-179,310	–	-2.01%	–
MMM	Exit	3M COMPANY	$0	–	-32,028	–	-2.14%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-185,769	–	-2.23%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-109,130	–	-2.25%	–
MSFT	Exit	MICROSOFT	$0	–	-111,062	–	-2.42%	–
INTC	Exit	INTEL	$0	–	-177,187	–	-2.53%	–
HD	Exit	HOME DEPOT	$0	–	-53,956	–	-2.63%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-82,431	–	-2.80%	–
WMT	Exit	WAL-MART STORES	$0	–	-103,346	–	-2.82%	–
KO	Exit	COCA-COLA	$0	–	-177,428	–	-2.84%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-87,164	–	-2.85%	–
MCD	Exit	MCDONALD'S	$0	–	-69,921	–	-3.06%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-230,803	–	-3.10%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-70,556	–	-3.16%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-205,844	–	-3.17%	–
XOM	Exit	EXXON MOBIL	$0	–	-98,235	–	-3.25%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-113,656	–	-3.47%	–
MRK	Exit	MERCK & CO	$0	–	-183,559	–	-4.34%	–

Q3 2016

			Value		Shares		↓ Weighting
MRK	Sell	MERCK & CO	$11,456,000	+8.3%	183,559	-0.0%	4.34%	+10.2%
WBA	Buy	WALGREENS BOOTS ALLIANCE	$9,163,000	-3.1%	113,656	+0.0%	3.47%	-1.4%
XOM	Buy	EXXON MOBIL	$8,574,000	-6.6%	98,235	+0.4%	3.25%	-4.9%
FELE	Sell	FRANKLIN ELECTRIC	$8,380,000	+22.8%	205,844	-0.3%	3.17%	+24.9%
JNJ	Buy	JOHNSON & JOHNSON	$8,335,000	-2.2%	70,556	+0.4%	3.16%	-0.5%
LKFN	Buy	LAKELAND FINANCIAL	$8,175,000	+12.2%	230,803	+48.9%	3.10%	+14.1%
MCD	Buy	MCDONALD'S	$8,066,000	-4.1%	69,921	+0.1%	3.06%	-2.4%
MDT	Sell	MEDTRONIC PLC	$7,531,000	-1.3%	87,164	-0.9%	2.85%	+0.5%
KO	Sell	COCA-COLA	$7,509,000	-11.6%	177,428	-5.3%	2.84%	-10.1%
WMT	Sell	WAL-MART STORES	$7,453,000	-1.3%	103,346	-0.0%	2.82%	+0.4%
PG	Sell	PROCTER & GAMBLE	$7,398,000	+5.7%	82,431	-0.3%	2.80%	+7.5%
HD	Sell	HOME DEPOT	$6,943,000	-4.4%	53,956	-5.1%	2.63%	-2.7%
INTC	Sell	INTEL	$6,689,000	+13.7%	177,187	-1.2%	2.53%	+15.7%
MSFT	Sell	MICROSOFT	$6,397,000	+11.4%	111,062	-1.0%	2.42%	+13.4%
EMR	Sell	EMERSON ELECTRIC	$5,949,000	+4.3%	109,130	-0.2%	2.25%	+6.0%
CSCO	Sell	CISCO SYSTEMS	$5,893,000	+10.0%	185,769	-0.5%	2.23%	+11.9%
MMM	Sell	3M COMPANY	$5,644,000	-3.7%	32,028	-4.3%	2.14%	-2.1%
GE	Sell	GENERAL ELECTRIC	$5,311,000	-11.0%	179,310	-5.5%	2.01%	-9.5%
ADP	Sell	AUTOMATIC DATA PROCESSING	$5,090,000	-7.4%	57,708	-3.5%	1.93%	-5.8%
SYY	Sell	SYSCO	$4,972,000	-6.0%	101,449	-2.7%	1.88%	-4.4%
ABBV	Buy	ABBVIE	$4,774,000	+2.0%	75,699	+0.1%	1.81%	+3.8%
UTX	Sell	UNITED TECHNOLOGIES	$4,679,000	-9.7%	46,056	-8.8%	1.77%	-8.1%
ABT	Sell	ABBOTT LABORATORIES	$4,555,000	+5.8%	107,698	-1.7%	1.72%	+7.6%
ACN	Buy	ACCENTURE PLC	$4,503,000	+7.9%	36,855	+0.0%	1.71%	+9.8%
USB	Sell	U.S. BANCORP	$4,341,000	+5.5%	101,220	-0.8%	1.64%	+7.3%
PFE	Buy	PFIZER	$4,292,000	-3.6%	126,709	+0.2%	1.63%	-1.9%
PM	Sell	PHILIP MORRIS INTERNATIONAL	$4,266,000	-36.9%	43,875	-33.9%	1.62%	-35.8%
CINF	Sell	CINCINNATI FINANCIAL	$4,208,000	-5.8%	55,797	-6.5%	1.59%	-4.1%
ZBH	Buy	ZIMMER HOLDINGS	$3,890,000	+8.1%	29,921	+0.1%	1.47%	+9.9%
SYK	Sell	STRYKER	$3,725,000	-5.8%	31,997	-3.0%	1.41%	-4.1%
WFC	Buy	WELLS FARGO	$3,491,000	-1.7%	78,835	+5.1%	1.32%	0.0%
VWO	Sell	VANGUARD EMERGING MARKETS ETF	$3,393,000	+6.7%	90,160	-0.1%	1.28%	+8.5%
FLS	Buy	FLOWSERVE	$3,346,000	+7.1%	69,360	+0.3%	1.27%	+8.8%
AFL	Buy	AFLAC	$3,335,000	-0.3%	46,402	+0.1%	1.26%	+1.4%
NEE	Sell	NEXTERA ENERGY	$3,151,000	-10.6%	25,763	-4.7%	1.19%	-9.0%
T	Sell	AT&T	$3,075,000	-6.2%	75,719	-0.3%	1.16%	-4.6%
PEP	Buy	PEPSICO	$2,706,000	+3.0%	24,880	+0.3%	1.02%	+4.8%
VOD	Buy	VODAFONE GROUP PLC	$2,639,000	+0.8%	90,520	+6.8%	1.00%	+2.6%
STLD	Sell	STEEL DYNAMICS	$2,606,000	-1.7%	104,270	-3.7%	0.99%	0.0%
CVX	Buy	CHEVRONTEXACO	$2,475,000	-1.4%	24,052	+0.4%	0.94%	+0.2%
SLB	Sell	SCHLUMBERGER	$2,199,000	-0.9%	27,969	-0.4%	0.83%	+0.7%
GILD	Buy	GILEAD SCIENCES	$1,904,000	+91.7%	24,065	+102.1%	0.72%	+94.9%
JPM	Buy	JPMORGAN CHASE	$1,861,000	+8.8%	27,952	+1.6%	0.70%	+10.7%
J	Sell	JACOBS ENGINEERING	$1,756,000	+3.5%	33,950	-0.3%	0.66%	+5.4%
AAPL	Buy	APPLE	$1,726,000	+334.8%	15,271	+267.9%	0.65%	+341.9%
BMY	Buy	BRISTOL-MYERS SQUIBB	$1,708,000	-24.5%	31,669	+2.9%	0.65%	-23.3%
BP	Sell	BP ADR	$1,614,000	-4.2%	45,901	-3.3%	0.61%	-2.6%
NTRS	Sell	NORTHERN TRUST	$1,608,000	-9.6%	23,649	-11.9%	0.61%	-8.0%
PPL	Buy	PPL	$1,448,000	-7.7%	41,875	+0.7%	0.55%	-6.2%
VRA	Buy	VERA BRADLEY	$1,312,000	+7.5%	86,633	+0.6%	0.50%	+9.2%
TGT	Sell	TARGET	$1,287,000	-2.6%	18,745	-1.0%	0.49%	-1.0%
VZ	Sell	VERIZON COMMUNICATIONS	$1,160,000	-9.5%	22,317	-2.8%	0.44%	-8.0%
PLXS	Sell	PLEXUS	$1,157,000	+0.5%	24,733	-7.1%	0.44%	+2.1%
DIS	Buy	DISNEY WALT	$1,102,000	-3.4%	11,862	+1.7%	0.42%	-1.9%
GOOG	Buy	ALPHABET CLASS C	$1,080,000	+12.4%	1,390	+0.1%	0.41%	+14.2%
PX	Buy	PRAXAIR	$1,033,000	+8.7%	8,546	+1.1%	0.39%	+10.5%
RCI	Buy	ROGERS COMMUNICATIONS	$925,000	+6.4%	21,800	+1.4%	0.35%	+8.0%
DVMT	New	DELL TECHNOLOGIES VMWARE	$827,000	–	17,308	–	0.31%	–
TEVA	Buy	TEVA PHARMACEUTICAL ADR	$812,000	-8.1%	17,640	+0.3%	0.31%	-6.4%
GOOGL	Buy	ALPHABET CLASS A	$718,000	+15.6%	893	+1.1%	0.27%	+17.7%
KMB	Sell	KIMBERLY-CLARK	$693,000	-8.6%	5,494	-0.3%	0.26%	-7.1%
BRKB	Buy	BERKSHIRE HATHAWAY B	$690,000	+1.3%	4,776	+1.5%	0.26%	+2.8%
UPS	Sell	UNITED PARCEL SERVICE	$665,000	-1.8%	6,082	-3.2%	0.25%	0.0%
NSC	Sell	NORFOLK SOUTHERN	$575,000	-45.9%	5,922	-52.5%	0.22%	-44.8%
PNC	Sell	PNC FIN'L SVCS GROUP	$365,000	+9.0%	4,047	-1.7%	0.14%	+10.4%
MDLZ	Sell	MONDELEZ INTL	$363,000	-5.7%	8,258	-2.4%	0.14%	-4.2%
ITW	Sell	ILLINOIS TOOL WORKS	$292,000	+10.6%	2,433	-3.9%	0.11%	+13.3%
LNC	Sell	LINCOLN NATIONAL	$272,000	+15.3%	5,800	-4.9%	0.10%	+17.0%
NUE	Sell	NUCOR	$254,000	-23.7%	5,144	-23.7%	0.10%	-22.6%
ORCL	Buy	ORACLE	$217,000	-1.4%	5,522	+2.6%	0.08%	0.0%
IBM	Sell	INTERNATIONAL BUSINESS MACHINE	$203,000	-67.6%	1,281	-69.0%	0.08%	-67.0%
VT	New	VANGUARD EQUITY INDEX WORLD ET	$201,000	–	3,310	–	0.08%	–
SSY	New	SUNLINK HEALTH SYSTEMS	$40,000	–	32,285	–	0.02%	–
SIRI	Exit	SIRIUS XM HOLDINGS	$0	–	-12,500	–	-0.02%	–
EMC	Exit	EMC	$0	–	-186,091	–	-1.88%	–

Q2 2016

			Value		Shares		↓ Weighting
MRK	New	MERCK & CO	$10,576,000	–	183,579	–	3.94%	–
WBA	New	WALGREENS BOOTS ALLIANCE	$9,460,000	–	113,606	–	3.52%	–
XOM	New	EXXON MOBIL	$9,175,000	–	97,875	–	3.42%	–
JNJ	New	JOHNSON & JOHNSON	$8,521,000	–	70,249	–	3.17%	–
KO	New	COCA-COLA	$8,496,000	–	187,423	–	3.16%	–
MCD	New	MCDONALD'S	$8,407,000	–	69,861	–	3.13%	–
MDT	New	MEDTRONIC PLC	$7,628,000	–	87,913	–	2.84%	–
WMT	New	WAL-MART STORES	$7,549,000	–	103,381	–	2.81%	–
LKFN	New	LAKELAND FINANCIAL	$7,289,000	–	155,050	–	2.71%	–
HD	New	HOME DEPOT	$7,261,000	–	56,866	–	2.70%	–
PG	New	PROCTER & GAMBLE	$7,000,000	–	82,672	–	2.61%	–
FELE	New	FRANKLIN ELECTRIC	$6,826,000	–	206,544	–	2.54%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$6,757,000	–	66,425	–	2.52%	–
GE	New	GENERAL ELECTRIC	$5,970,000	–	189,646	–	2.22%	–
INTC	New	INTEL	$5,881,000	–	179,303	–	2.19%	–
MMM	New	3M COMPANY	$5,863,000	–	33,478	–	2.18%	–
MSFT	New	MICROSOFT	$5,740,000	–	112,182	–	2.14%	–
EMR	New	EMERSON ELECTRIC	$5,706,000	–	109,390	–	2.12%	–
ADP	New	AUTOMATIC DATA PROCESSING	$5,495,000	–	59,808	–	2.05%	–
CSCO	New	CISCO SYSTEMS	$5,356,000	–	186,681	–	1.99%	–
SYY	New	SYSCO	$5,290,000	–	104,250	–	1.97%	–
UTX	New	UNITED TECHNOLOGIES	$5,181,000	–	50,519	–	1.93%	–
EMC	New	EMC	$5,056,000	–	186,091	–	1.88%	–
ABBV	New	ABBVIE	$4,680,000	–	75,589	–	1.74%	–
CINF	New	CINCINNATI FINANCIAL	$4,467,000	–	59,653	–	1.66%	–
PFE	New	PFIZER	$4,453,000	–	126,459	–	1.66%	–
ABT	New	ABBOTT LABORATORIES	$4,306,000	–	109,548	–	1.60%	–
ACN	New	ACCENTURE PLC	$4,175,000	–	36,850	–	1.55%	–
USB	New	U.S. BANCORP	$4,114,000	–	102,005	–	1.53%	–
SYK	New	STRYKER	$3,954,000	–	32,997	–	1.47%	–
ZBH	New	ZIMMER HOLDINGS	$3,599,000	–	29,896	–	1.34%	–
WFC	New	WELLS FARGO	$3,551,000	–	75,025	–	1.32%	–
NEE	New	NEXTERA ENERGY	$3,524,000	–	27,027	–	1.31%	–
AFL	New	AFLAC	$3,344,000	–	46,347	–	1.24%	–
T	New	AT&T	$3,280,000	–	75,919	–	1.22%	–
VWO	New	VANGUARD EMERGING MARKETS ETF	$3,179,000	–	90,234	–	1.18%	–
FLS	New	FLOWSERVE	$3,125,000	–	69,180	–	1.16%	–
STLD	New	STEEL DYNAMICS	$2,652,000	–	108,245	–	0.99%	–
PEP	New	PEPSICO	$2,628,000	–	24,808	–	0.98%	–
VOD	New	VODAFONE GROUP PLC	$2,618,000	–	84,748	–	0.98%	–
CVX	New	CHEVRONTEXACO	$2,511,000	–	23,952	–	0.94%	–
BMY	New	BRISTOL-MYERS SQUIBB	$2,263,000	–	30,764	–	0.84%	–
SLB	New	SCHLUMBERGER	$2,220,000	–	28,069	–	0.83%	–
GPC	New	GENUINE PARTS	$2,116,000	–	20,899	–	0.79%	–
NTRS	New	NORTHERN TRUST	$1,779,000	–	26,849	–	0.66%	–
JPM	New	JPMORGAN CHASE	$1,710,000	–	27,517	–	0.64%	–
J	New	JACOBS ENGINEERING	$1,696,000	–	34,050	–	0.63%	–
BP	New	BP ADR	$1,685,000	–	47,451	–	0.63%	–
CLC	New	CLARCOR	$1,632,000	–	26,825	–	0.61%	–
PPL	New	PPL	$1,569,000	–	41,575	–	0.58%	–
TGT	New	TARGET	$1,322,000	–	18,935	–	0.49%	–
VZ	New	VERIZON COMMUNICATIONS	$1,282,000	–	22,958	–	0.48%	–
VRA	New	VERA BRADLEY	$1,221,000	–	86,133	–	0.46%	–
PLXS	New	PLEXUS	$1,151,000	–	26,633	–	0.43%	–
DIS	New	DISNEY WALT	$1,141,000	–	11,662	–	0.42%	–
NOC	New	NORTHROP GRUMMAN	$1,131,000	–	5,090	–	0.42%	–
NSC	New	NORFOLK SOUTHERN	$1,062,000	–	12,472	–	0.40%	–
MO	New	ALTRIA GROUP	$993,000	–	14,397	–	0.37%	–
GILD	New	GILEAD SCIENCES	$993,000	–	11,905	–	0.37%	–
GOOG	New	ALPHABET CLASS C	$961,000	–	1,388	–	0.36%	–
PX	New	PRAXAIR	$950,000	–	8,454	–	0.35%	–
TEVA	New	TEVA PHARMACEUTICAL ADR	$884,000	–	17,590	–	0.33%	–
RCI	New	ROGERS COMMUNICATIONS	$869,000	–	21,500	–	0.32%	–
CB	New	CHUBB LIMITED COM	$866,000	–	6,628	–	0.32%	–
KMB	New	KIMBERLY-CLARK	$758,000	–	5,511	–	0.28%	–
BRKB	New	BERKSHIRE HATHAWAY B	$681,000	–	4,705	–	0.25%	–
UPS	New	UNITED PARCEL SERVICE	$677,000	–	6,282	–	0.25%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE	$627,000	–	4,129	–	0.23%	–
GOOGL	New	ALPHABET CLASS A	$621,000	–	883	–	0.23%	–
CL	New	COLGATE-PALMOLIVE	$538,000	–	7,349	–	0.20%	–
CDK	New	CDK GLOBAL	$499,000	–	8,990	–	0.19%	–
APD	New	AIR PRODUCTS & CHEMICALS	$471,000	–	3,314	–	0.18%	–
BMS	New	BEMIS	$454,000	–	8,820	–	0.17%	–
GWW	New	GRAINGER W W	$450,000	–	1,982	–	0.17%	–
LLY	New	LILLY ELI	$447,000	–	5,673	–	0.17%	–
VAL	New	VALSPAR	$419,000	–	3,881	–	0.16%	–
AAPL	New	APPLE	$397,000	–	4,151	–	0.15%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$395,000	–	6,690	–	0.15%	–
MDLZ	New	MONDELEZ INTL	$385,000	–	8,458	–	0.14%	–
BKH	New	BLACK HILLS	$340,000	–	5,400	–	0.13%	–
TGNA	New	TEGNA INC COM	$339,000	–	14,625	–	0.13%	–
PNC	New	PNC FIN'L SVCS GROUP	$335,000	–	4,119	–	0.12%	–
NUE	New	NUCOR	$333,000	–	6,744	–	0.12%	–
NKE	New	NIKE	$299,000	–	5,420	–	0.11%	–
KHC	New	KRAFT HEINZ	$274,000	–	3,098	–	0.10%	–
QEP	New	QEP RESOURCES	$269,000	–	15,275	–	0.10%	–
ITW	New	ILLINOIS TOOL WORKS	$264,000	–	2,533	–	0.10%	–
ANTM	New	ANTHEM INC COM	$257,000	–	1,960	–	0.10%	–
DUK	New	DUKE ENERGY	$241,000	–	2,804	–	0.09%	–
LNC	New	LINCOLN NATIONAL	$236,000	–	6,100	–	0.09%	–
OKS	New	ONEOK PARTNERS	$234,000	–	5,850	–	0.09%	–
PNW	New	PINNACLE WEST CAPITAL	$227,000	–	2,800	–	0.08%	–
ORCL	New	ORACLE	$220,000	–	5,384	–	0.08%	–
HSBCPRA	New	HSBC HLDGS PLC ADR A 1/40PF Aprd	$218,000	–	8,400	–	0.08%	–
BRKA	New	BERKSHIRE HATHAWAY A	$217,000	–	1	–	0.08%	–
STZ	New	CONSTELLATION BRANDS	$203,000	–	1,225	–	0.08%	–
NOK	New	NOKIA ADR	$63,000	–	11,000	–	0.02%	–
SIRI	New	SIRIUS XM HOLDINGS	$49,000	–	12,500	–	0.02%	–
ENZN	New	ENZON PHARMACEUTICALS COM	$4,000	–	10,000	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
ENZN	Exit	ENZON PHARMACEUTICALS COM	$0	–	-10,000	–	-0.00%	–
SIRI	Exit	SIRIUS XM HOLDINGS	$0	–	-12,500	–	-0.02%	–
NOK	Exit	NOKIA ADR	$0	–	-13,900	–	-0.04%	–
HSBCPRA	Exit	HSBC HLDGS PLC ADR A 1/40PF Aprd	$0	–	-8,400	–	-0.09%	–
SIAL	Exit	SIGMA ALDRICH	$0	–	-1,600	–	-0.09%	–
DUK	Exit	DUKE ENERGY	$0	–	-3,071	–	-0.09%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.09%	–
EFA	Exit	ISHARES MSCI EAFE INDEX	$0	–	-3,908	–	-0.09%	–
RAI	Exit	REYNOLDS AMERICAN INC COM	$0	–	-5,390	–	-0.10%	–
NUE	Exit	NUCOR	$0	–	-6,667	–	-0.10%	–
ANTM	Exit	ANTHEM INC COM	$0	–	-1,960	–	-0.11%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-6,100	–	-0.12%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-2,355	–	-0.12%	–
NKE	Exit	NIKE	$0	–	-2,510	–	-0.13%	–
AAPL	Exit	APPLE	$0	–	-2,812	–	-0.13%	–
QEP	Exit	QEP RESOURCES	$0	–	-25,475	–	-0.13%	–
TGNA	Exit	TEGNA INC COM	$0	–	-14,670	–	-0.13%	–
CNI	Exit	CANADIAN NATIONAL RAILWAY	$0	–	-5,820	–	-0.13%	–
BMS	Exit	BEMIS	$0	–	-8,820	–	-0.14%	–
GWW	Exit	GRAINGER W W	$0	–	-1,687	–	-0.15%	–
PNC	Exit	PNC FIN'L SVCS GROUP	$0	–	-4,119	–	-0.15%	–
	Exit	VIVENDI	$0	–	-17,112	–	-0.16%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-3,314	–	-0.17%	–
VAL	Exit	VALSPAR	$0	–	-6,025	–	-0.18%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-7,349	–	-0.19%	–
LLY	Exit	LILLY ELI	$0	–	-5,673	–	-0.19%	–
CDK	Exit	CDK GLOBAL	$0	–	-10,500	–	-0.20%	–
RCI	Exit	ROGERS COMMUNICATIONS	$0	–	-14,600	–	-0.20%	–
GOOGL	Exit	ALPHABET CLASS A	$0	–	-841	–	-0.22%	–
WLL	Exit	WHITING PETROLEUM	$0	–	-36,125	–	-0.22%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-5,150	–	-0.23%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINE	$0	–	-3,929	–	-0.23%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-4,815	–	-0.26%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-6,683	–	-0.27%	–
PX	Exit	PRAXAIR	$0	–	-6,964	–	-0.29%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-5,090	–	-0.34%	–
GOOG	Exit	ALPHABET CLASS C	$0	–	-1,406	–	-0.35%	–
TEVA	Exit	TEVA PHARMACEUTICAL ADR	$0	–	-15,250	–	-0.35%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-11,475	–	-0.36%	–
PLXS	Exit	PLEXUS	$0	–	-27,783	–	-0.44%	–
J	Exit	JACOBS ENGINEERING	$0	–	-30,600	–	-0.47%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-26,406	–	-0.47%	–
VRA	Exit	VERA BRADLEY	$0	–	-96,258	–	-0.50%	–
CLC	Exit	CLARCOR	$0	–	-26,275	–	-0.51%	–
KHC	Exit	KRAFT HEINZ	$0	–	-19,052	–	-0.55%	–
CB	Exit	CHUBB	$0	–	-10,966	–	-0.55%	–
PPL	Exit	PPL	$0	–	-44,135	–	-0.59%	–
TGT	Exit	TARGET	$0	–	-19,245	–	-0.62%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-27,429	–	-0.68%	–
GPC	Exit	GENUINE PARTS	$0	–	-20,735	–	-0.70%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-106,945	–	-0.75%	–
CVX	Exit	CHEVRONTEXACO	$0	–	-23,457	–	-0.75%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-31,409	–	-0.76%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-27,994	–	-0.78%	–
SLB	Exit	SCHLUMBERGER	$0	–	-27,759	–	-0.78%	–
FLS	Exit	FLOWSERVE	$0	–	-48,055	–	-0.80%	–
VOD	Exit	VODAFONE GROUP PLC	$0	–	-63,526	–	-0.82%	–
AFL	Exit	AFLAC	$0	–	-40,610	–	-0.96%	–
DIS	Exit	DISNEY WALT	$0	–	-23,122	–	-0.96%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-57,057	–	-0.97%	–
T	Exit	AT&T	$0	–	-73,729	–	-0.98%	–
BP	Exit	BP ADR	$0	–	-84,166	–	-1.05%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-27,891	–	-1.07%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-27,392	–	-1.09%	–
SYK	Exit	STRYKER	$0	–	-33,822	–	-1.30%	–
VWO	Exit	VANGUARD EMERGING MKTS ETF	$0	–	-102,862	–	-1.39%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-66,147	–	-1.45%	–
ABBV	Exit	ABBVIE	$0	–	-66,931	–	-1.48%	–
PEP	Exit	PEPSICO	$0	–	-38,660	–	-1.48%	–
ACN	Exit	ACCENTURE PLC	$0	–	-37,465	–	-1.50%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-94,801	–	-1.55%	–
WFC	Exit	WELLS FARGO	$0	–	-74,516	–	-1.56%	–
USB	Exit	U.S. BANCORP	$0	–	-95,031	–	-1.59%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-46,699	–	-1.69%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-96,055	–	-1.73%	–
PFE	Exit	PFIZER	$0	–	-144,806	–	-1.85%	–
EMC	Exit	EMC	$0	–	-188,681	–	-1.86%	–
MO	Exit	ALTRIA GROUP	$0	–	-83,961	–	-1.86%	–
SYY	Exit	SYSCO	$0	–	-117,483	–	-1.86%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-184,998	–	-1.98%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-60,488	–	-1.98%	–
MMM	Exit	3M COMPANY	$0	–	-35,958	–	-2.08%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-207,366	–	-2.13%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-202,394	–	-2.24%	–
MSFT	Exit	MICROSOFT	$0	–	-124,679	–	-2.25%	–
INTC	Exit	INTEL	$0	–	-184,603	–	-2.27%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-81,286	–	-2.38%	–
WMT	Exit	WAL-MART STORES	$0	–	-91,553	–	-2.42%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-92,257	–	-2.52%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-83,965	–	-2.71%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-71,377	–	-2.71%	–
HD	Exit	HOME DEPOT	$0	–	-60,899	–	-2.86%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-160,565	–	-2.95%	–
KO	Exit	COCA-COLA	$0	–	-188,985	–	-3.09%	–
MCD	Exit	MCDONALD'S	$0	–	-80,454	–	-3.23%	–
XOM	Exit	EXXON MOBIL	$0	–	-108,632	–	-3.29%	–
MRK	Exit	MERCK & CO	$0	–	-181,096	–	-3.64%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE	$0	–	-116,768	–	-3.95%	–

Q3 2015

			Value		Shares		↓ Weighting
WBA	Sell	WALGREENS BOOTS ALLIANCE	$9,703,000	-7.4%	116,768	-5.9%	3.95%	-1.3%
MRK	Sell	MERCK & CO	$8,944,000	-13.5%	181,096	-0.3%	3.64%	-7.8%
XOM	Buy	EXXON MOBIL	$8,077,000	-3.7%	108,632	+7.7%	3.29%	+2.7%
MCD	Sell	MCDONALD'S	$7,927,000	+3.6%	80,454	-0.0%	3.23%	+10.5%
KO	Buy	COCA-COLA	$7,582,000	+2.7%	188,985	+0.4%	3.09%	+9.5%
LKFN	Sell	LAKELAND FINANCIAL	$7,250,000	+1.1%	160,565	-2.9%	2.95%	+7.9%
HD	Sell	HOME DEPOT	$7,033,000	+1.6%	60,899	-2.2%	2.86%	+8.4%
JNJ	Buy	JOHNSON & JOHNSON	$6,663,000	-3.8%	71,377	+0.4%	2.71%	+2.6%
MDT	Sell	MEDTRONIC PLC	$6,176,000	-11.5%	92,257	-2.1%	2.52%	-5.6%
WMT	Buy	WAL-MART STORES	$5,936,000	+3.2%	91,553	+12.9%	2.42%	+10.1%
PG	Buy	PROCTER & GAMBLE	$5,848,000	-4.5%	81,286	+3.8%	2.38%	+1.8%
INTC	Sell	INTEL	$5,564,000	-1.0%	184,603	-0.1%	2.27%	+5.5%
MSFT	Sell	MICROSOFT	$5,518,000	-1.0%	124,679	-1.3%	2.25%	+5.6%
FELE	Buy	FRANKLIN ELECTRIC	$5,511,000	-11.2%	202,394	+5.5%	2.24%	-5.3%
GE	Sell	GENERAL ELECTRIC	$5,230,000	-6.4%	207,366	-1.4%	2.13%	-0.2%
MMM	Sell	3M COMPANY	$5,098,000	-8.4%	35,958	-0.3%	2.08%	-2.3%
CSCO	Sell	CISCO SYSTEMS	$4,856,000	-4.5%	184,998	-0.1%	1.98%	+1.9%
SYY	Sell	SYSCO	$4,578,000	+7.2%	117,483	-0.7%	1.86%	+14.3%
EMC	Buy	EMC	$4,559,000	-6.8%	188,681	+1.8%	1.86%	-0.6%
PFE	Sell	PFIZER	$4,548,000	-8.7%	144,806	-2.5%	1.85%	-2.6%
EMR	Buy	EMERSON ELECTRIC	$4,243,000	-11.0%	96,055	+11.7%	1.73%	-5.1%
UTX	Buy	UNITED TECHNOLOGIES	$4,156,000	-10.6%	46,699	+11.5%	1.69%	-4.6%
USB	Sell	U.S. BANCORP	$3,897,000	-9.8%	95,031	-4.5%	1.59%	-3.8%
WFC	Sell	WELLS FARGO	$3,826,000	-9.7%	74,516	-1.1%	1.56%	-3.7%
ABT	Sell	ABBOTT LABORATORIES	$3,813,000	-19.0%	94,801	-1.2%	1.55%	-13.6%
ACN	Buy	ACCENTURE PLC	$3,681,000	+2.1%	37,465	+0.5%	1.50%	+8.8%
PEP	Sell	PEPSICO	$3,646,000	+0.5%	38,660	-0.5%	1.48%	+7.1%
ABBV	Sell	ABBVIE	$3,642,000	-19.6%	66,931	-0.7%	1.48%	-14.3%
CINF	Sell	CINCINNATI FINANCIAL	$3,559,000	-1.9%	66,147	-8.5%	1.45%	+4.6%
VWO	Sell	VANGUARD EMERGING MKTS ETF	$3,404,000	-19.2%	102,862	-0.2%	1.39%	-13.9%
SYK	Sell	STRYKER	$3,183,000	-6.2%	33,822	-4.8%	1.30%	0.0%
NEE	Sell	NEXTERA ENERGY	$2,672,000	-1.8%	27,392	-1.4%	1.09%	+4.6%
ZBH	Buy	ZIMMER HOLDINGS	$2,620,000	-4.4%	27,891	+11.1%	1.07%	+1.9%
BP	Buy	BP ADR	$2,572,000	-17.9%	84,166	+7.3%	1.05%	-12.4%
T	Sell	AT&T	$2,402,000	-9.0%	73,729	-0.8%	0.98%	-3.0%
MDLZ	Sell	MONDELEZ INTL	$2,389,000	+1.4%	57,057	-0.3%	0.97%	+8.1%
DIS	Sell	DISNEY WALT	$2,363,000	-11.6%	23,122	-1.2%	0.96%	-5.7%
AFL	Buy	AFLAC	$2,361,000	-2.2%	40,610	+4.6%	0.96%	+4.3%
VOD	Buy	VODAFONE GROUP PLC	$2,016,000	-9.3%	63,526	+4.2%	0.82%	-3.3%
FLS	Buy	FLOWSERVE	$1,977,000	+34.4%	48,055	+72.1%	0.80%	+43.2%
SLB	Sell	SCHLUMBERGER	$1,915,000	-21.5%	27,759	-1.9%	0.78%	-16.3%
NTRS	Sell	NORTHERN TRUST	$1,908,000	-20.4%	27,994	-10.8%	0.78%	-15.2%
CVX	Sell	CHEVRONTEXACO	$1,850,000	-28.7%	23,457	-12.8%	0.75%	-24.0%
STLD	Sell	STEEL DYNAMICS	$1,837,000	-20.9%	106,945	-4.6%	0.75%	-15.7%
GPC	Buy	GENUINE PARTS	$1,719,000	-6.1%	20,735	+1.4%	0.70%	+0.1%
PPL	Sell	PPL	$1,452,000	+11.1%	44,135	-0.5%	0.59%	+18.4%
KHC	New	KRAFT HEINZ	$1,345,000	–	19,052	–	0.55%	–
VRA	Buy	VERA BRADLEY	$1,214,000	+16.7%	96,258	+4.3%	0.50%	+24.7%
VZ	Sell	VERIZON COMMUNICATIONS	$1,149,000	-15.1%	26,406	-9.0%	0.47%	-9.5%
J	Buy	JACOBS ENGINEERING	$1,145,000	+11.6%	30,600	+21.2%	0.47%	+18.9%
TEVA	Buy	TEVA PHARMACEUTICAL ADR	$861,000	-1.9%	15,250	+2.7%	0.35%	+4.8%
GOOG	New	ALPHABET CLASS C	$855,000	–	1,406	–	0.35%	–
PX	Buy	PRAXAIR	$709,000	+23.7%	6,964	+45.4%	0.29%	+32.0%
UPS	Sell	UNITED PARCEL SERVICE	$660,000	-9.1%	6,683	-10.7%	0.27%	-2.9%
BRKB	Sell	BERKSHIRE HATHAWAY B	$628,000	-26.6%	4,815	-23.4%	0.26%	-21.7%
WLL	Buy	WHITING PETROLEUM	$552,000	-46.8%	36,125	+17.0%	0.22%	-43.2%
GOOGL	New	ALPHABET CLASS A	$537,000	–	841	–	0.22%	–
RCI	Buy	ROGERS COMMUNICATIONS	$503,000	+18.1%	14,600	+21.7%	0.20%	+25.8%
CDK	Sell	CDK GLOBAL	$502,000	-22.0%	10,500	-12.0%	0.20%	-17.1%
LLY	Sell	LILLY ELI	$475,000	-13.5%	5,673	-13.7%	0.19%	-8.1%
APD	Sell	AIR PRODUCTS & CHEMICALS	$423,000	-9.4%	3,314	-2.9%	0.17%	-3.4%
PNC	Sell	PNC FIN'L SVCS GROUP	$367,000	-8.5%	4,119	-1.8%	0.15%	-2.6%
GWW	New	GRAINGER W W	$363,000	–	1,687	–	0.15%	–
BMS	Buy	BEMIS	$349,000	-5.7%	8,820	+7.3%	0.14%	+0.7%
CNI	Sell	CANADIAN NATIONAL RAILWAY	$330,000	-5.2%	5,820	-3.3%	0.13%	+0.8%
TGNA	Sell	TEGNA INC COM	$328,000	-34.8%	14,670	-6.4%	0.13%	-30.2%
QEP	Sell	QEP RESOURCES	$319,000	-55.8%	25,475	-34.6%	0.13%	-52.7%
AAPL	Buy	APPLE	$310,000	-7.2%	2,812	+5.5%	0.13%	-1.6%
RAI	Buy	REYNOLDS AMERICAN INC COM	$239,000	+18.9%	5,390	+100.0%	0.10%	+26.0%
EFA	Sell	ISHARES MSCI EAFE INDEX	$224,000	-26.1%	3,908	-18.2%	0.09%	-21.6%
SIAL	Sell	SIGMA ALDRICH	$222,000	-6.3%	1,600	-5.9%	0.09%	-1.1%
NOK	Sell	NOKIA ADR	$94,000	-32.4%	13,900	-31.5%	0.04%	-28.3%
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.08%	–
EEM	Exit	ISHARES TR MSCI EMERG MKT	$0	–	-5,857	–	-0.09%	–
OKS	Exit	ONEOK PARTNERS	$0	–	-7,100	–	-0.09%	–
ESRX	Exit	EXPRESS SCRIPTS	$0	–	-2,893	–	-0.10%	–
NI	Exit	NISOURCE	$0	–	-5,740	–	-0.10%	–
GOOGL	Exit	GOOGLE	$0	–	-896	–	-0.18%	–
GOOG	Exit	GOOGLE INC CL C	$0	–	-1,486	–	-0.30%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-19,052	–	-0.62%	–

Q2 2015

			Value		Shares		↓ Weighting
WBA	New	WALGREENS BOOTS ALLIANCE	$10,482,000	–	124,132	–	4.00%	–
MRK	New	MERCK & CO	$10,344,000	–	181,690	–	3.95%	–
XOM	New	EXXON MOBIL	$8,391,000	–	100,853	–	3.20%	–
MCD	New	MCDONALD'S	$7,652,000	–	80,492	–	2.92%	–
KO	New	COCA-COLA	$7,383,000	–	188,210	–	2.82%	–
LKFN	New	LAKELAND FINANCIAL	$7,169,000	–	165,301	–	2.74%	–
MDT	New	MEDTRONIC PLC	$6,980,000	–	94,199	–	2.67%	–
JNJ	New	JOHNSON & JOHNSON	$6,927,000	–	71,071	–	2.65%	–
HD	New	HOME DEPOT	$6,922,000	–	62,284	–	2.64%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$6,731,000	–	83,965	–	2.57%	–
FELE	New	FRANKLIN ELECTRIC	$6,204,000	–	191,882	–	2.37%	–
PG	New	PROCTER & GAMBLE	$6,124,000	–	78,276	–	2.34%	–
WMT	New	WAL-MART STORES	$5,751,000	–	81,076	–	2.20%	–
INTC	New	INTEL	$5,620,000	–	184,766	–	2.15%	–
GE	New	GENERAL ELECTRIC	$5,586,000	–	210,244	–	2.13%	–
MSFT	New	MICROSOFT	$5,574,000	–	126,260	–	2.13%	–
MMM	New	3M COMPANY	$5,566,000	–	36,073	–	2.13%	–
CSCO	New	CISCO SYSTEMS	$5,083,000	–	185,098	–	1.94%	–
PFE	New	PFIZER	$4,980,000	–	148,517	–	1.90%	–
EMC	New	EMC	$4,890,000	–	185,281	–	1.87%	–
ADP	New	AUTOMATIC DATA PROCESSING	$4,853,000	–	60,488	–	1.85%	–
EMR	New	EMERSON ELECTRIC	$4,768,000	–	86,016	–	1.82%	–
ABT	New	ABBOTT LABORATORIES	$4,707,000	–	95,905	–	1.80%	–
UTX	New	UNITED TECHNOLOGIES	$4,647,000	–	41,890	–	1.78%	–
ABBV	New	ABBVIE	$4,531,000	–	67,434	–	1.73%	–
USB	New	U.S. BANCORP	$4,320,000	–	99,538	–	1.65%	–
SYY	New	SYSCO	$4,270,000	–	118,288	–	1.63%	–
WFC	New	WELLS FARGO	$4,237,000	–	75,335	–	1.62%	–
VWO	New	VANGUARD EMERGING MKTS ETF	$4,214,000	–	103,083	–	1.61%	–
MO	New	ALTRIA GROUP	$4,107,000	–	83,961	–	1.57%	–
CINF	New	CINCINNATI FINANCIAL	$3,629,000	–	72,327	–	1.39%	–
PEP	New	PEPSICO	$3,628,000	–	38,869	–	1.39%	–
ACN	New	ACCENTURE PLC	$3,607,000	–	37,267	–	1.38%	–
SYK	New	STRYKER	$3,395,000	–	35,523	–	1.30%	–
BP	New	BP ADR	$3,134,000	–	78,416	–	1.20%	–
ZBH	New	ZIMMER HOLDINGS	$2,742,000	–	25,102	–	1.05%	–
NEE	New	NEXTERA ENERGY	$2,722,000	–	27,770	–	1.04%	–
DIS	New	DISNEY WALT	$2,672,000	–	23,414	–	1.02%	–
T	New	AT&T	$2,640,000	–	74,329	–	1.01%	–
CVX	New	CHEVRONTEXACO	$2,596,000	–	26,910	–	0.99%	–
SLB	New	SCHLUMBERGER	$2,440,000	–	28,310	–	0.93%	–
AFL	New	AFLAC	$2,414,000	–	38,810	–	0.92%	–
NTRS	New	NORTHERN TRUST	$2,398,000	–	31,369	–	0.92%	–
MDLZ	New	MONDELEZ INTL	$2,356,000	–	57,257	–	0.90%	–
STLD	New	STEEL DYNAMICS	$2,322,000	–	112,094	–	0.89%	–
VOD	New	VODAFONE GROUP PLC NEW	$2,222,000	–	60,957	–	0.85%	–
BMY	New	BRISTOL-MYERS SQUIBB	$2,090,000	–	31,409	–	0.80%	–
JPM	New	JPMORGAN CHASE	$1,859,000	–	27,429	–	0.71%	–
GPC	New	GENUINE PARTS	$1,830,000	–	20,440	–	0.70%	–
CLC	New	CLARCOR	$1,635,000	–	26,275	–	0.62%	–
KRFT	New	KRAFT FOODS GROUP	$1,622,000	–	19,052	–	0.62%	–
TGT	New	TARGET	$1,571,000	–	19,245	–	0.60%	–
FLS	New	FLOWSERVE	$1,471,000	–	27,925	–	0.56%	–
VZ	New	VERIZON COMMUNICATIONS	$1,353,000	–	29,018	–	0.52%	–
PPL	New	PPL	$1,307,000	–	44,339	–	0.50%	–
PLXS	New	PLEXUS	$1,219,000	–	27,783	–	0.47%	–
CB	New	CHUBB	$1,043,000	–	10,966	–	0.40%	–
VRA	New	VERA BRADLEY	$1,040,000	–	92,258	–	0.40%	–
WLL	New	WHITING PETROLEUM	$1,037,000	–	30,870	–	0.40%	–
J	New	JACOBS ENGINEERING	$1,026,000	–	25,250	–	0.39%	–
NSC	New	NORFOLK SOUTHERN	$1,002,000	–	11,475	–	0.38%	–
TEVA	New	TEVA PHARMACEUTICAL ADR	$878,000	–	14,852	–	0.34%	–
BRKB	New	BERKSHIRE HATHAWAY B	$856,000	–	6,290	–	0.33%	–
NOC	New	NORTHROP GRUMMAN	$807,000	–	5,090	–	0.31%	–
GOOG	New	GOOGLE INC CL C	$774,000	–	1,486	–	0.30%	–
UPS	New	UNITED PARCEL SERVICE	$726,000	–	7,487	–	0.28%	–
QEP	New	QEP RESOURCES	$721,000	–	38,926	–	0.28%	–
CDK	New	CDK GLOBAL	$644,000	–	11,934	–	0.25%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE	$639,000	–	3,929	–	0.24%	–
PX	New	PRAXAIR	$573,000	–	4,790	–	0.22%	–
LLY	New	LILLY ELI	$549,000	–	6,573	–	0.21%	–
KMB	New	KIMBERLY-CLARK	$546,000	–	5,150	–	0.21%	–
TGNA	New	TEGNA INC COM	$503,000	–	15,670	–	0.19%	–
VAL	New	VALSPAR	$493,000	–	6,025	–	0.19%	–
GOOGL	New	GOOGLE	$484,000	–	896	–	0.18%	–
CL	New	COLGATE-PALMOLIVE	$481,000	–	7,349	–	0.18%	–
APD	New	AIR PRODUCTS & CHEMICALS	$467,000	–	3,414	–	0.18%	–
	New	VIVENDI	$431,000	–	17,112	–	0.16%	–
RCI	New	ROGERS COMMUNICATIONS	$426,000	–	12,000	–	0.16%	–
PNC	New	PNC FIN'L SVCS GROUP	$401,000	–	4,195	–	0.15%	–
BMS	New	BEMIS	$370,000	–	8,220	–	0.14%	–
LNC	New	LINCOLN NATIONAL	$361,000	–	6,100	–	0.14%	–
CNI	New	CANADIAN NATIONAL RAILWAY	$348,000	–	6,021	–	0.13%	–
AAPL	New	APPLE	$334,000	–	2,665	–	0.13%	–
ANTM	New	ANTHEM INC COM	$322,000	–	1,960	–	0.12%	–
EFA	New	ISHARES MSCI EAFE INDEX	$303,000	–	4,777	–	0.12%	–
NUE	New	NUCOR	$294,000	–	6,667	–	0.11%	–
STZ	New	CONSTELLATION BRANDS	$273,000	–	2,355	–	0.10%	–
NKE	New	NIKE	$271,000	–	2,510	–	0.10%	–
NI	New	NISOURCE	$262,000	–	5,740	–	0.10%	–
ESRX	New	EXPRESS SCRIPTS	$257,000	–	2,893	–	0.10%	–
OKS	New	ONEOK PARTNERS	$241,000	–	7,100	–	0.09%	–
SIAL	New	SIGMA ALDRICH	$237,000	–	1,700	–	0.09%	–
BKH	New	BLACK HILLS	$236,000	–	5,400	–	0.09%	–
EEM	New	ISHARES TR MSCI EMERG MKT	$232,000	–	5,857	–	0.09%	–
DUK	New	DUKE ENERGY	$217,000	–	3,071	–	0.08%	–
HSBCPRA	New	HSBC HLDGS PLC ADR A 1/40PF Aprd	$212,000	–	8,400	–	0.08%	–
BRKA	New	BERKSHIRE HATHAWAY	$205,000	–	1	–	0.08%	–
RAI	New	REYNOLDS AMERICAN INC COM	$201,000	–	2,695	–	0.08%	–
NOK	New	NOKIA ADR	$139,000	–	20,304	–	0.05%	–
SIRI	New	SIRIUS XM HOLDINGS INC.	$47,000	–	12,500	–	0.02%	–
ENZN	New	ENZON PHARMACEUTICALS COM	$12,000	–	10,000	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
ENZN	Exit	ENZON PHARMACEUTICALS COM	$0	–	-10,000	–	-0.00%	–
SIRI	Exit	SIRIUS XM HOLDINGS INC.	$0	–	-12,500	–	-0.02%	–
DRE	Exit	DUKE REALTY	$0	–	-10,500	–	-0.07%	–
STZ	Exit	CONSTELLATION BRANDS	$0	–	-2,355	–	-0.08%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-1	–	-0.08%	–
ESRX	Exit	EXPRESS SCRIPTS	$0	–	-2,931	–	-0.08%	–
PNW	Exit	PINNACLE WEST CAPITAL	$0	–	-3,933	–	-0.09%	–
NKE	Exit	NIKE	$0	–	-2,510	–	-0.09%	–
DUK	Exit	DUKE ENERGY	$0	–	-3,071	–	-0.09%	–
SIAL	Exit	SIGMA ALDRICH	$0	–	-1,700	–	-0.09%	–
V107SC	Exit	WELLPOINT	$0	–	-1,960	–	-0.09%	–
NI	Exit	NISOURCE	$0	–	-5,740	–	-0.09%	–
STR	Exit	QUESTAR	$0	–	-10,900	–	-0.10%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.10%	–
NOK	Exit	NOKIA ADR	$0	–	-34,304	–	-0.12%	–
AAPL	Exit	APPLE	$0	–	-2,905	–	-0.12%	–
BMS	Exit	BEMIS	$0	–	-8,365	–	-0.13%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-6,100	–	-0.13%	–
PNC	Exit	PNC FIN'L SVCS GROUP	$0	–	-4,073	–	-0.14%	–
NUE	Exit	NUCOR	$0	–	-6,667	–	-0.14%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-6,124	–	-0.16%	–
J	Exit	JACOBS ENGINEERING	$0	–	-8,400	–	-0.16%	–
	Exit	VIVENDI	$0	–	-17,112	–	-0.16%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-3,414	–	-0.18%	–
PX	Exit	PRAXAIR	$0	–	-3,575	–	-0.18%	–
GCI	Exit	GANNETT	$0	–	-15,670	–	-0.19%	–
WLL	Exit	WHITING PETROLEUM	$0	–	-6,040	–	-0.19%	–
LLY	Exit	LILLY ELI	$0	–	-7,773	–	-0.20%	–
VAL	Exit	VALSPAR	$0	–	-6,425	–	-0.20%	–
GOOG	Exit	GOOGLE INC CL C	$0	–	-881	–	-0.20%	–
GOOGL	Exit	GOOGLE	$0	–	-876	–	-0.21%	–
KMB	Exit	KIMBERLY-CLARK	$0	–	-4,995	–	-0.21%	–
LO	Exit	LORILLARD	$0	–	-9,267	–	-0.22%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-5,090	–	-0.27%	–
TEVA	Exit	TEVA PHARMACEUTICAL ADR	$0	–	-13,550	–	-0.29%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINE	$0	–	-3,929	–	-0.30%	–
PL	Exit	PROTECTIVE LIFE	$0	–	-10,950	–	-0.30%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-8,233	–	-0.32%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-6,280	–	-0.35%	–
CB	Exit	CHUBB	$0	–	-10,630	–	-0.39%	–
PLXS	Exit	PLEXUS	$0	–	-28,483	–	-0.42%	–
VRA	Exit	VERA BRADLEY	$0	–	-50,850	–	-0.42%	–
FLS	Exit	FLOWSERVE	$0	–	-15,400	–	-0.43%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-19,731	–	-0.44%	–
TGT	Exit	TARGET	$0	–	-18,585	–	-0.46%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-11,475	–	-0.51%	–
PPL	Exit	PPL	$0	–	-40,850	–	-0.54%	–
QEP	Exit	QEP RESOURCES	$0	–	-46,075	–	-0.57%	–
AFL	Exit	AFLAC	$0	–	-24,970	–	-0.58%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-31,685	–	-0.63%	–
CLC	Exit	CLARCOR	$0	–	-25,525	–	-0.64%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-26,779	–	-0.64%	–
VOD	Exit	VODAFONE GROUP PLC NEW	$0	–	-49,360	–	-0.65%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-32,162	–	-0.66%	–
GPC	Exit	GENUINE PARTS	$0	–	-20,032	–	-0.70%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-58,295	–	-0.80%	–
DIS	Exit	DISNEY WALT	$0	–	-25,367	–	-0.90%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-99,990	–	-0.90%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-24,501	–	-0.98%	–
CVX	Exit	CHEVRONTEXACO	$0	–	-21,467	–	-1.02%	–
T	Exit	AT&T	$0	–	-73,069	–	-1.03%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-27,549	–	-1.03%	–
SLB	Exit	SCHLUMBERGER	$0	–	-26,494	–	-1.08%	–
ACN	Exit	ACCENTURE PLC	$0	–	-35,025	–	-1.14%	–
SYK	Exit	STRYKER	$0	–	-35,447	–	-1.14%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-43,894	–	-1.19%	–
VWO	Exit	VANGUARD EMERGING MKTS ETF	$0	–	-75,955	–	-1.26%	–
BP	Exit	BP ADR	$0	–	-73,136	–	-1.28%	–
PEP	Exit	PEPSICO	$0	–	-39,085	–	-1.45%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-77,707	–	-1.46%	–
MO	Exit	ALTRIA GROUP	$0	–	-84,661	–	-1.55%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-93,913	–	-1.56%	–
ABBV	Exit	ABBVIE	$0	–	-68,414	–	-1.58%	–
USB	Exit	U.S. BANCORP	$0	–	-94,556	–	-1.58%	–
WFC	Exit	WELLS FARGO	$0	–	-81,931	–	-1.70%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-40,459	–	-1.71%	–
SYY	Exit	SYSCO	$0	–	-113,906	–	-1.73%	–
PFE	Exit	PFIZER	$0	–	-148,806	–	-1.76%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-75,632	–	-1.89%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-194,448	–	-1.95%	–
EMC	Exit	EMC	$0	–	-174,476	–	-2.04%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-209,781	–	-2.15%	–
MMM	Exit	3M COMPANY	$0	–	-38,054	–	-2.15%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-68,784	–	-2.28%	–
WMT	Exit	WAL-MART STORES	$0	–	-78,736	–	-2.40%	–
MSFT	Exit	MICROSOFT	$0	–	-130,397	–	-2.41%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-164,108	–	-2.46%	–
MDT	Exit	MEDTRONIC	$0	–	-99,870	–	-2.47%	–
HD	Exit	HOME DEPOT	$0	–	-69,524	–	-2.55%	–
INTC	Exit	INTEL	$0	–	-185,083	–	-2.57%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-77,411	–	-2.59%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-189,075	–	-2.62%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-84,703	–	-2.82%	–
MCD	Exit	MCDONALD'S	$0	–	-77,335	–	-2.93%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-69,414	–	-2.95%	–
WAG	Exit	WALGREEN	$0	–	-127,285	–	-3.01%	–
KO	Exit	COCA-COLA	$0	–	-192,005	–	-3.27%	–
XOM	Exit	EXXON MOBIL	$0	–	-92,347	–	-3.47%	–
MRK	Exit	MERCK & CO	$0	–	-182,978	–	-4.33%	–

Q3 2014

			Value		Shares		↓ Weighting
MRK	Sell	MERCK & CO	$10,847,000	+0.4%	182,978	-2.1%	4.33%	+3.7%
XOM	Sell	EXXON MOBIL	$8,685,000	-7.2%	92,347	-0.6%	3.47%	-4.1%
KO	Sell	COCA-COLA	$8,191,000	-2.2%	192,005	-2.9%	3.27%	+1.1%
WAG	Sell	WALGREEN	$7,544,000	-22.8%	127,285	-3.4%	3.01%	-20.2%
JNJ	Sell	JOHNSON & JOHNSON	$7,399,000	-2.7%	69,414	-4.5%	2.95%	+0.6%
MCD	Buy	MCDONALD'S	$7,332,000	-5.1%	77,335	+0.8%	2.93%	-2.0%
PM	Sell	PHILIP MORRIS INTERNATIONAL	$7,064,000	-1.1%	84,703	-0.1%	2.82%	+2.2%
FELE	Sell	FRANKLIN ELECTRIC	$6,568,000	-21.2%	189,075	-8.5%	2.62%	-18.5%
PG	Sell	PROCTER & GAMBLE	$6,482,000	+2.4%	77,411	-3.9%	2.59%	+5.8%
INTC	Sell	INTEL	$6,445,000	+6.1%	185,083	-5.8%	2.57%	+9.7%
HD	Sell	HOME DEPOT	$6,378,000	+7.8%	69,524	-4.9%	2.55%	+11.4%
MDT	Sell	MEDTRONIC	$6,187,000	-7.3%	99,870	-4.5%	2.47%	-4.2%
LKFN	Sell	LAKELAND FINANCIAL	$6,154,000	-12.0%	164,108	-10.5%	2.46%	-9.1%
MSFT	Sell	MICROSOFT	$6,045,000	+5.1%	130,397	-5.5%	2.41%	+8.5%
WMT	Sell	WAL-MART STORES	$6,021,000	-1.8%	78,736	-3.6%	2.40%	+1.5%
ADP	Sell	AUTOMATIC DATA PROCESSING	$5,715,000	-2.2%	68,784	-6.7%	2.28%	+1.1%
MMM	Sell	3M COMPANY	$5,391,000	-6.7%	38,054	-5.7%	2.15%	-3.6%
GE	Sell	GENERAL ELECTRIC	$5,375,000	-4.3%	209,781	-1.9%	2.15%	-1.1%
EMC	Sell	EMC	$5,105,000	+7.9%	174,476	-2.8%	2.04%	+11.5%
CSCO	Sell	CISCO SYSTEMS	$4,894,000	-0.5%	194,448	-1.8%	1.95%	+2.8%
EMR	Sell	EMERSON ELECTRIC	$4,733,000	-7.2%	75,632	-1.5%	1.89%	-4.0%
PFE	Sell	PFIZER	$4,400,000	-0.8%	148,806	-0.4%	1.76%	+2.5%
SYY	Sell	SYSCO	$4,323,000	-2.6%	113,906	-3.9%	1.73%	+0.6%
UTX	Buy	UNITED TECHNOLOGIES	$4,272,000	-7.8%	40,459	+0.8%	1.71%	-4.7%
WFC	Sell	WELLS FARGO	$4,250,000	-6.1%	81,931	-4.9%	1.70%	-3.0%
USB	Sell	U.S. BANCORP	$3,955,000	-4.7%	94,556	-1.3%	1.58%	-1.5%
ABBV	Sell	ABBVIE	$3,952,000	-3.9%	68,414	-6.1%	1.58%	-0.7%
ABT	Sell	ABBOTT LABORATORIES	$3,906,000	+0.8%	93,913	-0.9%	1.56%	+4.1%
CINF	Sell	CINCINNATI FINANCIAL	$3,656,000	-6.5%	77,707	-4.5%	1.46%	-3.3%
BP	Buy	BP ADR	$3,214,000	-16.1%	73,136	+0.7%	1.28%	-13.3%
VWO	Sell	VANGUARD EMERGING MKTS ETF	$3,168,000	-3.8%	75,955	-0.6%	1.26%	-0.6%
NTRS	Sell	NORTHERN TRUST	$2,986,000	-5.7%	43,894	-11.0%	1.19%	-2.5%
SYK	Sell	STRYKER	$2,862,000	-4.6%	35,447	-0.4%	1.14%	-1.4%
ACN	Buy	ACCENTURE PLC	$2,848,000	+1.5%	35,025	+0.9%	1.14%	+4.9%
SLB	Sell	SCHLUMBERGER	$2,694,000	-20.0%	26,494	-7.2%	1.08%	-17.3%
NEE	Sell	NEXTERA ENERGY	$2,586,000	-11.8%	27,549	-3.7%	1.03%	-8.8%
T	Buy	AT&T	$2,575,000	+1.6%	73,069	+2.0%	1.03%	+5.0%
CVX	Buy	CHEVRONTEXACO	$2,561,000	-8.5%	21,467	+0.1%	1.02%	-5.5%
ZBH	Sell	ZIMMER HOLDINGS	$2,464,000	-10.1%	24,501	-7.2%	0.98%	-7.1%
STLD	Sell	STEEL DYNAMICS	$2,261,000	+24.6%	99,990	-1.1%	0.90%	+28.8%
DIS	Sell	DISNEY WALT	$2,258,000	-2.3%	25,367	-5.9%	0.90%	+1.0%
GPC	Sell	GENUINE PARTS	$1,757,000	-2.1%	20,032	-2.0%	0.70%	+1.2%
BMY	Sell	BRISTOL-MYERS SQUIBB	$1,646,000	+5.1%	32,162	-0.4%	0.66%	+8.6%
VOD	Sell	VODAFONE GROUP PLC NEW	$1,623,000	-3.0%	49,360	-1.6%	0.65%	+0.2%
JPM	Sell	JPMORGAN CHASE	$1,613,000	-6.3%	26,779	-10.4%	0.64%	-3.2%
VZ	Buy	VERIZON COMMUNICATIONS	$1,584,000	+5.0%	31,685	+2.8%	0.63%	+8.4%
AFL	Buy	AFLAC	$1,455,000	+65.2%	24,970	+76.3%	0.58%	+70.9%
QEP	Sell	QEP RESOURCES	$1,418,000	-14.8%	46,075	-4.5%	0.57%	-12.0%
PPL	Buy	PPL	$1,342,000	-6.3%	40,850	+1.4%	0.54%	-3.1%
TGT	Buy	TARGET	$1,165,000	+17.0%	18,585	+8.1%	0.46%	+20.8%
FLS	Sell	FLOWSERVE	$1,086,000	-11.2%	15,400	-6.4%	0.43%	-8.1%
VRA	Sell	VERA BRADLEY	$1,052,000	-8.4%	50,850	-3.1%	0.42%	-5.2%
PLXS	Sell	PLEXUS	$1,052,000	-19.8%	28,483	-5.9%	0.42%	-17.0%
CB	Sell	CHUBB	$968,000	-3.5%	10,630	-2.3%	0.39%	-0.3%
UPS	Sell	UNITED PARCEL SERVICE	$809,000	-9.2%	8,233	-5.2%	0.32%	-6.1%
PL	Sell	PROTECTIVE LIFE	$760,000	-26.6%	10,950	-26.8%	0.30%	-24.2%
IBM	Buy	INTERNATIONAL BUSINESS MACHINE	$746,000	+7.6%	3,929	+2.8%	0.30%	+11.2%
TEVA	Buy	TEVA PHARMACEUTICAL ADR	$728,000	+17.2%	13,550	+14.3%	0.29%	+21.2%
KMB	Buy	KIMBERLY-CLARK	$537,000	+132.5%	4,995	+140.1%	0.21%	+140.4%
GOOGL	Sell	GOOGLE	$515,000	-0.4%	876	-0.9%	0.21%	+3.0%
GOOG	Buy	GOOGLE INC CL C	$509,000	+2.4%	881	+2.0%	0.20%	+5.7%
VAL	Sell	VALSPAR	$508,000	-0.2%	6,425	-3.7%	0.20%	+3.0%
LLY	Sell	LILLY ELI	$504,000	-24.8%	7,773	-27.8%	0.20%	-22.4%
WLL	New	WHITING PETROLEUM	$468,000	–	6,040	–	0.19%	–
GCI	Sell	GANNETT	$465,000	-8.1%	15,670	-3.1%	0.19%	-4.6%
J	Sell	JACOBS ENGINEERING	$410,000	-11.6%	8,400	-3.4%	0.16%	-8.4%
NUE	Sell	NUCOR	$362,000	+7.1%	6,667	-2.9%	0.14%	+10.7%
AAPL	New	APPLE	$293,000	–	2,905	–	0.12%	–
NOK	Sell	NOKIA ADR	$290,000	+5.8%	34,304	-5.5%	0.12%	+9.4%
SIAL	New	SIGMA ALDRICH	$231,000	–	1,700	–	0.09%	–
DUK	New	DUKE ENERGY	$230,000	–	3,071	–	0.09%	–
NKE	New	NIKE	$224,000	–	2,510	–	0.09%	–
BRKA	New	BERKSHIRE HATHAWAY	$207,000	–	1	–	0.08%	–
ESRX	Sell	EXPRESS SCRIPTS	$207,000	-17.9%	2,931	-19.3%	0.08%	-14.4%
SIRI	New	SIRIUS XM HOLDINGS INC.	$44,000	–	12,500	–	0.02%	–
ENZN	New	ENZON PHARMACEUTICALS COM	$11,000	–	10,000	–	0.00%	–
RDSA	Exit	ROYAL DUTCH SHELL ADR	$0	–	-2,571	–	-0.08%	–

Q2 2014

			Value		Shares		↓ Weighting
MRK	New	MERCK & CO	$10,807,000	–	186,818	–	4.18%	–
WAG	New	WALGREEN	$9,767,000	–	131,760	–	3.77%	–
XOM	New	EXXON MOBIL	$9,356,000	–	92,932	–	3.61%	–
KO	New	COCA-COLA	$8,375,000	–	197,705	–	3.24%	–
FELE	New	FRANKLIN ELECTRIC	$8,333,000	–	206,625	–	3.22%	–
MCD	New	MCDONALD'S	$7,730,000	–	76,730	–	2.99%	–
JNJ	New	JOHNSON & JOHNSON	$7,603,000	–	72,676	–	2.94%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$7,146,000	–	84,758	–	2.76%	–
LKFN	New	LAKELAND FINANCIAL	$6,994,000	–	183,283	–	2.70%	–
MDT	New	MEDTRONIC	$6,671,000	–	104,620	–	2.58%	–
PG	New	PROCTER & GAMBLE	$6,330,000	–	80,541	–	2.44%	–
WMT	New	WAL-MART STORES	$6,133,000	–	81,696	–	2.37%	–
INTC	New	INTEL	$6,072,000	–	196,493	–	2.35%	–
HD	New	HOME DEPOT	$5,916,000	–	73,074	–	2.28%	–
ADP	New	AUTOMATIC DATA PROCESSING	$5,843,000	–	73,704	–	2.26%	–
MMM	New	3M COMPANY	$5,779,000	–	40,342	–	2.23%	–
MSFT	New	MICROSOFT	$5,754,000	–	137,997	–	2.22%	–
GE	New	GENERAL ELECTRIC	$5,618,000	–	213,781	–	2.17%	–
EMR	New	EMERSON ELECTRIC	$5,098,000	–	76,822	–	1.97%	–
CSCO	New	CISCO SYSTEMS	$4,919,000	–	197,951	–	1.90%	–
EMC	New	EMC	$4,730,000	–	179,576	–	1.83%	–
UTX	New	UNITED TECHNOLOGIES	$4,633,000	–	40,129	–	1.79%	–
WFC	New	WELLS FARGO	$4,527,000	–	86,136	–	1.75%	–
SYY	New	SYSCO	$4,440,000	–	118,546	–	1.72%	–
PFE	New	PFIZER	$4,436,000	–	149,472	–	1.71%	–
USB	New	U.S. BANCORP	$4,150,000	–	95,806	–	1.60%	–
ABBV	New	ABBVIE	$4,113,000	–	72,869	–	1.59%	–
CINF	New	CINCINNATI FINANCIAL	$3,910,000	–	81,382	–	1.51%	–
ABT	New	ABBOTT LABORATORIES	$3,874,000	–	94,728	–	1.50%	–
BP	New	BP ADR	$3,831,000	–	72,624	–	1.48%	–
MO	New	ALTRIA GROUP	$3,551,000	–	84,661	–	1.37%	–
PEP	New	PEPSICO	$3,492,000	–	39,085	–	1.35%	–
SLB	New	SCHLUMBERGER	$3,368,000	–	28,554	–	1.30%	–
VWO	New	VANGUARD EMERGING MKTS ETF	$3,294,000	–	76,380	–	1.27%	–
NTRS	New	NORTHERN TRUST	$3,165,000	–	49,294	–	1.22%	–
SYK	New	STRYKER	$3,000,000	–	35,577	–	1.16%	–
NEE	New	NEXTERA ENERGY	$2,931,000	–	28,599	–	1.13%	–
ACN	New	ACCENTURE PLC	$2,806,000	–	34,715	–	1.08%	–
CVX	New	CHEVRONTEXACO	$2,799,000	–	21,442	–	1.08%	–
ZBH	New	ZIMMER HOLDINGS	$2,742,000	–	26,401	–	1.06%	–
T	New	AT&T	$2,534,000	–	71,653	–	0.98%	–
DIS	New	DISNEY WALT	$2,312,000	–	26,966	–	0.89%	–
MDLZ	New	MONDELEZ INTL	$2,192,000	–	58,295	–	0.85%	–
STLD	New	STEEL DYNAMICS	$1,815,000	–	101,140	–	0.70%	–
GPC	New	GENUINE PARTS	$1,794,000	–	20,432	–	0.69%	–
JPM	New	JPMORGAN CHASE	$1,722,000	–	29,879	–	0.66%	–
VOD	New	VODAFONE GROUP PLC NEW	$1,674,000	–	50,140	–	0.65%	–
QEP	New	QEP RESOURCES	$1,664,000	–	48,225	–	0.64%	–
CLC	New	CLARCOR	$1,579,000	–	25,525	–	0.61%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,566,000	–	32,292	–	0.60%	–
VZ	New	VERIZON COMMUNICATIONS	$1,509,000	–	30,833	–	0.58%	–
PPL	New	PPL	$1,432,000	–	40,300	–	0.55%	–
PLXS	New	PLEXUS	$1,311,000	–	30,283	–	0.51%	–
FLS	New	FLOWSERVE	$1,223,000	–	16,450	–	0.47%	–
NSC	New	NORFOLK SOUTHERN	$1,182,000	–	11,475	–	0.46%	–
KRFT	New	KRAFT FOODS GROUP	$1,183,000	–	19,731	–	0.46%	–
VRA	New	VERA BRADLEY	$1,148,000	–	52,500	–	0.44%	–
PL	New	PROTECTIVE LIFE	$1,036,000	–	14,950	–	0.40%	–
CB	New	CHUBB	$1,003,000	–	10,880	–	0.39%	–
TGT	New	TARGET	$996,000	–	17,185	–	0.38%	–
UPS	New	UNITED PARCEL SERVICE	$891,000	–	8,683	–	0.34%	–
AFL	New	AFLAC	$881,000	–	14,160	–	0.34%	–
BRKB	New	BERKSHIRE HATHAWAY B	$795,000	–	6,280	–	0.31%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE	$693,000	–	3,823	–	0.27%	–
LLY	New	LILLY ELI	$670,000	–	10,773	–	0.26%	–
TEVA	New	TEVA PHARMACEUTICAL ADR	$621,000	–	11,850	–	0.24%	–
NOC	New	NORTHROP GRUMMAN	$609,000	–	5,090	–	0.24%	–
LO	New	LORILLARD	$565,000	–	9,267	–	0.22%	–
GOOGL	New	GOOGLE	$517,000	–	884	–	0.20%	–
VAL	New	VALSPAR	$509,000	–	6,675	–	0.20%	–
GCI	New	GANNETT	$506,000	–	16,170	–	0.20%	–
GOOG	New	GOOGLE INC CL C	$497,000	–	864	–	0.19%	–
PX	New	PRAXAIR	$475,000	–	3,575	–	0.18%	–
J	New	JACOBS ENGINEERING	$464,000	–	8,700	–	0.18%	–
APD	New	AIR PRODUCTS & CHEMICALS	$439,000	–	3,414	–	0.17%	–
	New	VIVENDI	$419,000	–	17,112	–	0.16%	–
CL	New	COLGATE-PALMOLIVE	$418,000	–	6,124	–	0.16%	–
PNC	New	PNC FIN'L SVCS GROUP	$363,000	–	4,073	–	0.14%	–
BMS	New	BEMIS	$340,000	–	8,365	–	0.13%	–
NUE	New	NUCOR	$338,000	–	6,867	–	0.13%	–
BKH	New	BLACK HILLS	$332,000	–	5,400	–	0.13%	–
LNC	New	LINCOLN NATIONAL	$314,000	–	6,100	–	0.12%	–
NOK	New	NOKIA ADR	$274,000	–	36,304	–	0.11%	–
STR	New	QUESTAR	$270,000	–	10,900	–	0.10%	–
ESRX	New	EXPRESS SCRIPTS	$252,000	–	3,631	–	0.10%	–
KMB	New	KIMBERLY-CLARK	$231,000	–	2,080	–	0.09%	–
PNW	New	PINNACLE WEST CAPITAL	$227,000	–	3,933	–	0.09%	–
NI	New	NISOURCE	$226,000	–	5,740	–	0.09%	–
RDSA	New	ROYAL DUTCH SHELL ADR	$212,000	–	2,571	–	0.08%	–
V107SC	New	WELLPOINT	$211,000	–	1,960	–	0.08%	–
STZ	New	CONSTELLATION BRANDS	$208,000	–	2,355	–	0.08%	–
DRE	New	DUKE REALTY	$191,000	–	10,500	–	0.07%	–

Q4 2013

			Value		Shares		↓ Weighting
PNW	Exit	PINNACLE WEST CAPITAL	$0	–	-4,033	–	-0.09%	–
DRE	Exit	DUKE REALTY	$0	–	-17,167	–	-0.11%	–
BKH	Exit	BLACK HILLS	$0	–	-5,400	–	-0.11%	–
STR	Exit	QUESTAR	$0	–	-12,399	–	-0.12%	–
AFL	Exit	AFLAC	$0	–	-4,500	–	-0.12%	–
LNC	Exit	LINCOLN NATIONAL	$0	–	-7,000	–	-0.12%	–
BMS	Exit	BEMIS	$0	–	-8,515	–	-0.14%	–
PNC	Exit	PNC FIN'L SVCS GROUP	$0	–	-4,640	–	-0.14%	–
NUE	Exit	NUCOR	$0	–	-6,867	–	-0.14%	–
BRKA	Exit	BERKSHIRE HATHAWAY	$0	–	-2	–	-0.14%	–
TEVA	Exit	TEVA PHARMACEUTICAL ADR	$0	–	-9,200	–	-0.15%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-6,124	–	-0.15%	–
APD	Exit	AIR PRODUCTS & CHEMICALS	$0	–	-3,614	–	-0.16%	–
PX	Exit	PRAXAIR	$0	–	-3,238	–	-0.16%	–
	Exit	VIVENDI	$0	–	-17,112	–	-0.16%	–
LO	Exit	LORILLARD	$0	–	-9,267	–	-0.17%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-8,956	–	-0.18%	–
GCI	Exit	GANNETT	$0	–	-16,555	–	-0.19%	–
J	Exit	JACOBS ENGINEERING	$0	–	-8,200	–	-0.20%	–
NOC	Exit	NORTHROP GRUMMAN	$0	–	-5,090	–	-0.20%	–
LLY	Exit	LILLY ELI	$0	–	-10,040	–	-0.21%	–
VAL	Exit	VALSPAR	$0	–	-8,600	–	-0.23%	–
NOK	Exit	NOKIA ADR	$0	–	-85,904	–	-0.23%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-5,080	–	-0.24%	–
PL	Exit	PROTECTIVE LIFE	$0	–	-14,950	–	-0.27%	–
TGT	Exit	TARGET	$0	–	-10,880	–	-0.29%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINE	$0	–	-3,823	–	-0.30%	–
GOOGL	Exit	GOOGLE	$0	–	-884	–	-0.32%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-10,263	–	-0.39%	–
CB	Exit	CHUBB	$0	–	-11,017	–	-0.41%	–
KRFT	Exit	KRAFT FOODS GROUP INC COM	$0	–	-19,917	–	-0.44%	–
PPL	Exit	PPL	$0	–	-35,800	–	-0.46%	–
FLS	Exit	FLOWSERVE	$0	–	-18,300	–	-0.48%	–
VRA	Exit	VERA BRADLEY	$0	–	-55,800	–	-0.48%	–
PLXS	Exit	PLEXUS	$0	–	-34,583	–	-0.54%	–
QEP	Exit	QEP RESOURCES	$0	–	-49,275	–	-0.57%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-29,529	–	-0.64%	–
BMY	Exit	BRISTOL-MYERS SQUIBB	$0	–	-33,797	–	-0.66%	–
STLD	Exit	STEEL DYNAMICS	$0	–	-99,332	–	-0.70%	–
MDLZ	Exit	MONDELEZ INTL INC CL A	$0	–	-59,933	–	-0.79%	–
NSC	Exit	NORFOLK SOUTHERN	$0	–	-24,756	–	-0.80%	–
DIS	Exit	DISNEY WALT	$0	–	-29,912	–	-0.81%	–
GPC	Exit	GENUINE PARTS	$0	–	-24,242	–	-0.82%	–
CLC	Exit	CLARCOR	$0	–	-36,913	–	-0.86%	–
T	Exit	AT&T	$0	–	-61,908	–	-0.88%	–
ACN	Exit	ACCENTURE PLC	$0	–	-29,385	–	-0.91%	–
CVX	Exit	CHEVRONTEXACO CORP	$0	–	-19,754	–	-1.01%	–
SYK	Exit	STRYKER	$0	–	-38,527	–	-1.09%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-31,726	–	-1.09%	–
NEE	Exit	NEXTERA ENERGY	$0	–	-32,769	–	-1.10%	–
BP	Exit	BP ADR	$0	–	-63,216	–	-1.11%	–
SLB	Exit	SCHLUMBERGER	$0	–	-31,179	–	-1.16%	–
VWO	Exit	VANGUARD EMERGING MKTS ETF	$0	–	-68,825	–	-1.16%	–
MO	Exit	ALTRIA GROUP	$0	–	-87,661	–	-1.26%	–
VOD	Exit	VODAFONE GROUP ADR	$0	–	-87,380	–	-1.29%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-95,148	–	-1.32%	–
NTRS	Exit	NORTHERN TRUST	$0	–	-58,219	–	-1.33%	–
USB	Exit	U.S. BANCORP	$0	–	-96,870	–	-1.49%	–
ABBV	Exit	ABBVIE	$0	–	-79,874	–	-1.50%	–
WFC	Exit	WELLS FARGO	$0	–	-90,151	–	-1.56%	–
SYY	Exit	SYSCO	$0	–	-122,515	–	-1.64%	–
PEP	Exit	PEPSICO	$0	–	-52,821	–	-1.76%	–
CINF	Exit	CINCINNATI FINANCIAL	$0	–	-93,542	–	-1.85%	–
PFE	Exit	PFIZER	$0	–	-156,039	–	-1.88%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-41,805	–	-1.89%	–
EMC	Exit	EMC	$0	–	-180,859	–	-1.94%	–
INTC	Exit	INTEL	$0	–	-202,406	–	-1.94%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-205,385	–	-2.02%	–
MMM	Exit	3M COMPANY	$0	–	-42,602	–	-2.13%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-79,638	–	-2.16%	–
MSFT	Exit	MICROSOFT	$0	–	-156,999	–	-2.19%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-221,576	–	-2.22%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-81,259	–	-2.47%	–
WMT	Exit	WAL-MART STORES	$0	–	-80,746	–	-2.50%	–
MDT	Exit	MEDTRONIC	$0	–	-113,821	–	-2.54%	–
HD	Exit	HOME DEPOT	$0	–	-80,025	–	-2.54%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-86,180	–	-2.73%	–
LKFN	Exit	LAKELAND FINANCIAL	$0	–	-199,716	–	-2.73%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-76,903	–	-2.80%	–
MCD	Exit	MCDONALD'S	$0	–	-77,095	–	-3.11%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL	$0	–	-86,833	–	-3.15%	–
KO	Exit	COCA-COLA	$0	–	-204,426	–	-3.25%	–
WAG	Exit	WALGREEN	$0	–	-144,816	–	-3.27%	–
XOM	Exit	EXXON MOBIL	$0	–	-93,697	–	-3.38%	–
MRK	Exit	MERCK & CO	$0	–	-193,854	–	-3.87%	–
FELE	Exit	FRANKLIN ELECTRIC	$0	–	-234,315	–	-3.87%	–

Q3 2013

			Value		Shares		↓ Weighting
FELE	Sell	FRANKLIN ELECTRIC	$9,232,000	+14.2%	234,315	-2.4%	3.87%	+11.2%
MRK	Buy	MERCK & CO	$9,229,000	+2.7%	193,854	+0.2%	3.87%	-0.0%
XOM	Buy	EXXON MOBIL	$8,062,000	-1.1%	93,697	+3.9%	3.38%	-3.7%
WAG	Sell	WALGREEN	$7,791,000	+19.0%	144,816	-2.2%	3.27%	+15.9%
KO	Buy	COCA-COLA	$7,744,000	-5.1%	204,426	+0.5%	3.25%	-7.6%
PM	Sell	PHILIP MORRIS INTERNATIONAL	$7,519,000	-3.1%	86,833	-3.1%	3.15%	-5.7%
MCD	Buy	MCDONALD'S	$7,417,000	-2.6%	77,095	+0.2%	3.11%	-5.2%
JNJ	Sell	JOHNSON & JOHNSON	$6,667,000	-1.0%	76,903	-1.9%	2.80%	-3.6%
LKFN	Buy	LAKELAND FINANCIAL	$6,521,000	+21.7%	199,716	+3.5%	2.73%	+18.5%
PG	Sell	PROCTER & GAMBLE	$6,514,000	-2.2%	86,180	-0.4%	2.73%	-4.8%
HD	Sell	HOME DEPOT	$6,070,000	-4.4%	80,025	-2.4%	2.54%	-7.0%
MDT	Sell	MEDTRONIC	$6,061,000	+1.1%	113,821	-2.3%	2.54%	-1.6%
WMT	Sell	WAL-MART STORES	$5,972,000	-2.2%	80,746	-1.5%	2.50%	-4.8%
ADP	Sell	AUTOMATIC DATA PROCESSING	$5,882,000	+3.6%	81,259	-1.4%	2.47%	+0.9%
MSFT	Sell	MICROSOFT	$5,225,000	-4.2%	156,999	-0.6%	2.19%	-6.8%
EMR	Sell	EMERSON ELECTRIC	$5,153,000	+18.2%	79,638	-0.4%	2.16%	+15.1%
MMM	Sell	3M COMPANY	$5,087,000	+6.2%	42,602	-2.7%	2.13%	+3.3%
CSCO	Sell	CISCO SYSTEMS	$4,812,000	-4.6%	205,385	-1.0%	2.02%	-7.2%
INTC	Buy	INTEL	$4,639,000	-0.7%	202,406	+4.9%	1.94%	-3.4%
EMC	Sell	EMC	$4,623,000	+7.7%	180,859	-0.5%	1.94%	+4.8%
UTX	Sell	UNITED TECHNOLOGIES	$4,507,000	+15.1%	41,805	-0.8%	1.89%	+12.0%
PFE	Sell	PFIZER	$4,482,000	+2.1%	156,039	-0.5%	1.88%	-0.7%
CINF	Sell	CINCINNATI FINANCIAL	$4,411,000	+1.1%	93,542	-1.5%	1.85%	-1.5%
PEP	Sell	PEPSICO	$4,199,000	-3.0%	52,821	-0.3%	1.76%	-5.6%
SYY	Sell	SYSCO	$3,900,000	-11.0%	122,515	-4.5%	1.64%	-13.4%
WFC	Sell	WELLS FARGO	$3,725,000	-0.8%	90,151	-0.9%	1.56%	-3.5%
ABBV	Sell	ABBVIE	$3,573,000	+5.4%	79,874	-2.6%	1.50%	+2.5%
USB	Buy	U.S. BANCORP	$3,544,000	+2.2%	96,870	+1.0%	1.49%	-0.5%
NTRS	Sell	NORTHERN TRUST	$3,166,000	-10.2%	58,219	-4.4%	1.33%	-12.6%
ABT	Buy	ABBOTT LABORATORIES	$3,158,000	-0.3%	95,148	+4.8%	1.32%	-2.9%
VOD	Sell	VODAFONE GROUP ADR	$3,074,000	+22.1%	87,380	-0.2%	1.29%	+18.9%
MO	Sell	ALTRIA GROUP	$3,011,000	-9.3%	87,661	-7.6%	1.26%	-11.7%
VWO	Buy	VANGUARD EMERGING MKTS ETF	$2,762,000	+12.4%	68,825	+8.7%	1.16%	+9.3%
SLB	Buy	SCHLUMBERGER	$2,755,000	+25.3%	31,179	+1.6%	1.16%	+22.0%
NEE	Sell	NEXTERA ENERGY	$2,627,000	-5.6%	32,769	-4.1%	1.10%	-8.1%
ZBH	Sell	ZIMMER HOLDINGS	$2,606,000	+6.3%	31,726	-3.1%	1.09%	+3.5%
SYK	Sell	STRYKER	$2,604,000	+4.0%	38,527	-0.5%	1.09%	+1.2%
ACN	Buy	ACCENTURE PLC	$2,164,000	+9.6%	29,385	+7.1%	0.91%	+6.7%
T	Buy	AT&T	$2,094,000	-4.0%	61,908	+0.5%	0.88%	-6.6%
GPC	Sell	GENUINE PARTS	$1,961,000	-0.9%	24,242	-4.3%	0.82%	-3.5%
NSC	Sell	NORFOLK SOUTHERN	$1,915,000	+3.6%	24,756	-2.7%	0.80%	+0.8%
MDLZ	Sell	MONDELEZ INTL INC CL A	$1,883,000	+9.5%	59,933	-0.6%	0.79%	+6.6%
STLD	Buy	STEEL DYNAMICS	$1,661,000	+18.2%	99,332	+5.4%	0.70%	+15.0%
JPM	Sell	JPMORGAN CHASE	$1,526,000	-3.1%	29,529	-1.0%	0.64%	-5.7%
PLXS	Sell	PLEXUS	$1,285,000	+23.3%	34,583	-0.8%	0.54%	+20.0%
VRA	Sell	VERA BRADLEY	$1,146,000	-5.4%	55,800	-0.2%	0.48%	-7.9%
PPL	Buy	PPL	$1,088,000	+8.9%	35,800	+8.5%	0.46%	+6.0%
UPS	Sell	UNITED PARCEL SERVICE	$938,000	-1.5%	10,263	-6.8%	0.39%	-4.1%
VAL	Sell	VALSPAR	$545,000	-5.4%	8,600	-3.4%	0.23%	-7.7%
LLY	Sell	LILLY ELI	$505,000	-3.4%	10,040	-5.6%	0.21%	-5.8%
GCI	Sell	GANNETT	$444,000	+3.5%	16,555	-5.7%	0.19%	+0.5%
TEVA	Buy	TEVA PHARMACEUTICAL ADR	$348,000	+16.8%	9,200	+21.1%	0.15%	+14.1%
AFL	Buy	AFLAC	$279,000	+11.6%	4,500	+4.7%	0.12%	+8.3%
PNW	Sell	PINNACLE WEST CAPITAL	$221,000	-39.9%	4,033	-39.2%	0.09%	-41.5%

Q2 2013

			Value		Shares		↓ Weighting
MRK	New	MERCK & CO	$8,984,000	–	193,402	–	3.87%	–
KO	New	COCA-COLA	$8,156,000	–	203,341	–	3.51%	–
XOM	New	EXXON MOBIL	$8,149,000	–	90,197	–	3.51%	–
FELE	New	FRANKLIN ELECTRIC	$8,082,000	–	240,190	–	3.48%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$7,761,000	–	89,603	–	3.34%	–
MCD	New	MCDONALD'S	$7,616,000	–	76,928	–	3.28%	–
JNJ	New	JOHNSON & JOHNSON	$6,732,000	–	78,403	–	2.90%	–
PG	New	PROCTER & GAMBLE	$6,660,000	–	86,507	–	2.87%	–
WAG	New	WALGREEN	$6,545,000	–	148,066	–	2.82%	–
HD	New	HOME DEPOT	$6,352,000	–	81,992	–	2.74%	–
WMT	New	WAL-MART STORES	$6,104,000	–	81,946	–	2.63%	–
MDT	New	MEDTRONIC	$5,996,000	–	116,501	–	2.58%	–
ADP	New	AUTOMATIC DATA PROCESSING	$5,676,000	–	82,434	–	2.44%	–
MSFT	New	MICROSOFT	$5,456,000	–	157,949	–	2.35%	–
LKFN	New	LAKELAND FINANCIAL	$5,357,000	–	193,035	–	2.31%	–
GE	New	GENERAL ELECTRIC	$5,138,000	–	221,576	–	2.21%	–
CSCO	New	CISCO SYSTEMS	$5,046,000	–	207,368	–	2.17%	–
MMM	New	3M COMPANY	$4,790,000	–	43,802	–	2.06%	–
INTC	New	INTEL	$4,674,000	–	192,904	–	2.01%	–
PFE	New	PFIZER	$4,391,000	–	156,773	–	1.89%	–
SYY	New	SYSCO	$4,383,000	–	128,315	–	1.89%	–
CINF	New	CINCINNATI FINANCIAL	$4,362,000	–	94,999	–	1.88%	–
EMR	New	EMERSON ELECTRIC	$4,360,000	–	79,941	–	1.88%	–
PEP	New	PEPSICO	$4,331,000	–	52,954	–	1.87%	–
EMC	New	EMC	$4,293,000	–	181,759	–	1.85%	–
UTX	New	UNITED TECHNOLOGIES	$3,916,000	–	42,138	–	1.69%	–
WFC	New	WELLS FARGO	$3,756,000	–	91,011	–	1.62%	–
NTRS	New	NORTHERN TRUST	$3,527,000	–	60,919	–	1.52%	–
USB	New	U.S. BANCORP	$3,467,000	–	95,895	–	1.49%	–
ABBV	New	ABBVIE	$3,391,000	–	82,024	–	1.46%	–
MO	New	ALTRIA GROUP	$3,319,000	–	94,861	–	1.43%	–
ABT	New	ABBOTT LABORATORIES	$3,166,000	–	90,781	–	1.36%	–
NEE	New	NEXTERA ENERGY	$2,784,000	–	34,169	–	1.20%	–
BP	New	BP ADR	$2,639,000	–	63,216	–	1.14%	–
VOD	New	VODAFONE GROUP ADR	$2,517,000	–	87,580	–	1.08%	–
SYK	New	STRYKER	$2,505,000	–	38,727	–	1.08%	–
VWO	New	VANGUARD EMERGING MKTS ETF	$2,457,000	–	63,325	–	1.06%	–
ZBH	New	ZIMMER HOLDINGS	$2,452,000	–	32,726	–	1.06%	–
CVX	New	CHEVRONTEXACO CORP	$2,338,000	–	19,754	–	1.01%	–
SLB	New	SCHLUMBERGER	$2,198,000	–	30,679	–	0.95%	–
T	New	AT&T	$2,181,000	–	61,608	–	0.94%	–
GPC	New	GENUINE PARTS	$1,978,000	–	25,342	–	0.85%	–
ACN	New	ACCENTURE PLC	$1,974,000	–	27,435	–	0.85%	–
CLC	New	CLARCOR	$1,927,000	–	36,913	–	0.83%	–
DIS	New	DISNEY WALT	$1,889,000	–	29,912	–	0.81%	–
NSC	New	NORFOLK SOUTHERN	$1,849,000	–	25,456	–	0.80%	–
MDLZ	New	MONDELEZ INTL INC CL A	$1,719,000	–	60,267	–	0.74%	–
JPM	New	JPMORGAN CHASE	$1,575,000	–	29,836	–	0.68%	–
BMY	New	BRISTOL-MYERS SQUIBB	$1,510,000	–	33,797	–	0.65%	–
STLD	New	STEEL DYNAMICS	$1,405,000	–	94,265	–	0.60%	–
QEP	New	QEP RESOURCES	$1,369,000	–	49,275	–	0.59%	–
VRA	New	VERA BRADLEY	$1,211,000	–	55,900	–	0.52%	–
KRFT	New	KRAFT FOODS GROUP INC COM	$1,113,000	–	19,917	–	0.48%	–
PLXS	New	PLEXUS	$1,042,000	–	34,850	–	0.45%	–
PPL	New	PPL	$999,000	–	33,000	–	0.43%	–
FLS	New	FLOWSERVE	$988,000	–	18,300	–	0.43%	–
UPS	New	UNITED PARCEL SERVICE	$952,000	–	11,013	–	0.41%	–
CB	New	CHUBB	$933,000	–	11,017	–	0.40%	–
GOOGL	New	GOOGLE	$778,000	–	884	–	0.34%	–
TGT	New	TARGET	$749,000	–	10,880	–	0.32%	–
IBM	New	INTERNATIONAL BUSINESS MACHINE	$731,000	–	3,823	–	0.32%	–
VAL	New	VALSPAR	$576,000	–	8,900	–	0.25%	–
PL	New	PROTECTIVE LIFE	$574,000	–	14,950	–	0.25%	–
BRKB	New	BERKSHIRE HATHAWAY B	$569,000	–	5,080	–	0.24%	–
LLY	New	LILLY ELI	$523,000	–	10,640	–	0.22%	–
J	New	JACOBS ENGINEERING	$452,000	–	8,200	–	0.20%	–
VZ	New	VERIZON COMMUNICATIONS	$451,000	–	8,956	–	0.19%	–
GCI	New	GANNETT	$429,000	–	17,555	–	0.18%	–
NOC	New	NORTHROP GRUMMAN	$421,000	–	5,090	–	0.18%	–
LO	New	LORILLARD	$405,000	–	9,267	–	0.17%	–
PX	New	PRAXAIR	$373,000	–	3,238	–	0.16%	–
PNW	New	PINNACLE WEST CAPITAL	$368,000	–	6,633	–	0.16%	–
CL	New	COLGATE-PALMOLIVE	$351,000	–	6,124	–	0.15%	–
PNC	New	PNC FIN'L SVCS GROUP	$338,000	–	4,640	–	0.15%	–
BRKA	New	BERKSHIRE HATHAWAY	$337,000	–	2	–	0.14%	–
BMS	New	BEMIS	$333,000	–	8,515	–	0.14%	–
APD	New	AIR PRODUCTS & CHEMICALS	$331,000	–	3,614	–	0.14%	–
	New	VIVENDI	$324,000	–	17,112	–	0.14%	–
NOK	New	NOKIA ADR	$321,000	–	85,904	–	0.14%	–
STR	New	QUESTAR	$296,000	–	12,399	–	0.13%	–
TEVA	New	TEVA PHARMACEUTICAL ADR	$298,000	–	7,600	–	0.13%	–
NUE	New	NUCOR	$297,000	–	6,867	–	0.13%	–
DRE	New	DUKE REALTY	$268,000	–	17,167	–	0.12%	–
BKH	New	BLACK HILLS	$263,000	–	5,400	–	0.11%	–
LNC	New	LINCOLN NATIONAL	$255,000	–	7,000	–	0.11%	–
AFL	New	AFLAC	$250,000	–	4,300	–	0.11%	–

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