The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 1,859 10,729 SH   SOLE 10,729 0 0
ABB LTD SPONSORED ADR 000375204 1,704 85,090 SH   SOLE 85,090 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 277 1,500 SH   SOLE 1,500 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 3,715 80,160 SH   SOLE 80,160 0 0
ALPHABET INC CAP STK CL C 02079K107 1,907 1,765 SH   SOLE 1,765 0 0
ALPHABET INC CAP STK CL A 02079K305 389 360 SH   SOLE 360 0 0
AMERISOURCEBERGEN CORP COM 03073E105 508 5,960 SH   SOLE 5,960 0 0
AMGEN INC COM 031162100 235 1,278 SH   SOLE 1,278 0 0
APACHE CORP COM 037411105 1,100 37,990 SH   SOLE 37,990 0 0
APPLE INC COM 037833100 5,434 27,459 SH   SOLE 27,459 0 0
APPLIED MATLS INC COM 038222105 577 12,850 SH   SOLE 12,850 0 0
AUTOLIV INC COM 052800109 3,347 47,480 SH   SOLE 47,480 0 0
BANK AMER CORP COM 060505104 2,042 70,422 SH   SOLE 70,422 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,896 110,916 SH   SOLE 110,916 0 0
BAXTER INTL INC COM 071813109 2,126 25,966 SH   SOLE 25,966 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 636 2 SH   SOLE 2 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,806 27,241 SH   SOLE 27,241 0 0
BIO TECHNE CORP COM 09073M104 2,137 10,250 SH   SOLE 10,250 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 600 13,233 SH   SOLE 13,233 0 0
CENTURYLINK INC COM 156700106 212 18,049 SH   SOLE 18,049 0 0
CHESAPEAKE ENERGY CORP COM 165167107 158 81,200 SH   SOLE 81,200 0 0
CHEVRON CORP NEW COM 166764100 762 6,125 SH   SOLE 6,125 0 0
CISCO SYS INC COM 17275R102 982 17,958 SH   SOLE 17,958 0 0
CITIGROUP INC COM NEW 172967424 3,981 56,852 SH   SOLE 56,852 0 0
CLEVELAND CLIFFS INC COM 185899101 134 12,650 SH   SOLE 12,650 0 0
COCA COLA CO COM 191216100 783 15,389 SH   SOLE 15,389 0 0
COLGATE PALMOLIVE CO COM 194162103 1,785 24,909 SH   SOLE 24,909 0 0
COMCAST CORP NEW CL A 20030N101 2,937 69,475 SH   SOLE 69,475 0 0
COSTCO WHSL CORP NEW COM 22160K105 443 1,680 SH   SOLE 1,680 0 0
CUMMINS INC COM 231021106 4,561 26,620 SH   SOLE 26,620 0 0
DEVON ENERGY CORP NEW COM 25179M103 734 25,770 SH   SOLE 25,770 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 715 4,152 SH   SOLE 4,152 0 0
DISCOVERY INC COM SER A 25470F104 2,374 77,342 SH   SOLE 77,342 0 0
DISCOVERY INC COM SER C 25470F302 892 31,370 SH   SOLE 31,370 0 0
DISNEY WALT CO COM DISNEY 254687106 3,075 22,025 SH   SOLE 22,025 0 0
EMERSON ELEC CO COM 291011104 1,520 22,795 SH   SOLE 22,795 0 0
ENBRIDGE INC COM 29250N105 463 12,859 SH   SOLE 12,859 0 0
ENCANA CORP COM 292505104 138 26,995 SH   SOLE 26,995 0 0
EXXON MOBIL CORP COM 30231G102 2,146 28,009 SH   SOLE 28,009 0 0
FEDERATED INVS INC PA CL B 314211103 5,541 170,501 SH   SOLE 170,501 0 0
FLOWSERVE CORP COM 34354P105 3,667 69,610 SH   SOLE 69,610 0 0
FRANKLIN RES INC COM 354613101 1,255 36,070 SH   SOLE 36,070 0 0
GENERAL DYNAMICS CORP COM 369550108 308 1,695 SH   SOLE 1,695 0 0
GENERAL ELECTRIC CO COM 369604103 236 22,529 SH   SOLE 22,529 0 0
GENERAL MLS INC COM 370334104 2,325 44,277 SH   SOLE 44,277 0 0
HOME DEPOT INC COM 437076102 868 4,178 SH   SOLE 4,178 0 0
ILLINOIS TOOL WKS INC COM 452308109 2,402 15,930 SH   SOLE 15,930 0 0
INGERSOLL-RAND PLC SHS G47791101 342 2,700 SH   SOLE 2,700 0 0
INTEL CORP COM 458140100 3,030 63,314 SH   SOLE 63,314 0 0
JOHNSON & JOHNSON COM 478160104 2,756 19,792 SH   SOLE 19,792 0 0
KIMBERLY CLARK CORP COM 494368103 2,257 16,940 SH   SOLE 16,940 0 0
KIMCO RLTY CORP COM 49446R109 1,354 73,315 SH   SOLE 73,315 0 0
LAZARD LTD SHS A G54050102 240 6,985 SH   SOLE 6,985 0 0
LOWES COS INC COM 548661107 1,379 13,671 SH   SOLE 13,671 0 0
MACYS INC COM 55616P104 1,116 52,006 SH   SOLE 52,006 0 0
MARSH & MCLENNAN COS INC COM 571748102 563 5,645 SH   SOLE 5,645 0 0
MEDTRONIC PLC SHS G5960L103 5,734 58,882 SH   SOLE 58,882 0 0
MERCK & CO INC COM 58933Y105 980 11,689 SH   SOLE 11,689 0 0
MICROSOFT CORP COM 594918104 7,302 54,513 SH   SOLE 54,513 0 0
MID AMER APT CMNTYS INC COM 59522J103 486 4,130 SH   SOLE 4,130 0 0
MONDELEZ INTL INC CL A 609207105 1,705 31,635 SH   SOLE 31,635 0 0
NOKIA CORP SPONSORED ADR 654902204 1,965 392,260 SH   SOLE 392,260 0 0
NORDSTROM INC COM 655664100 1,881 59,055 SH   SOLE 59,055 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,657 13,330 SH   SOLE 13,330 0 0
NORTHROP GRUMMAN CORP COM 666807102 237 735 SH   SOLE 735 0 0
NVENT ELECTRIC PLC SHS G6700G107 2,254 90,960 SH   SOLE 90,960 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 235 25,400 SH   SOLE 25,400 0 0
PEPSICO INC COM 713448108 2,244 17,118 SH   SOLE 17,118 0 0
PFIZER INC COM 717081103 1,934 44,657 SH   SOLE 44,657 0 0
PHILLIPS 66 COM 718546104 1,785 19,093 SH   SOLE 19,093 0 0
PROCTER AND GAMBLE CO COM 742718109 5,462 49,820 SH   SOLE 49,820 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,046 15,914 SH   SOLE 15,914 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 640 9,844 SH   SOLE 9,844 0 0
SCHLUMBERGER LTD COM 806857108 992 24,985 SH   SOLE 24,985 0 0
SURMODICS INC COM 868873100 1,401 32,475 SH   SOLE 32,475 0 0
TACTILE SYS TECHNOLOGY INC COM 87357P100 241 4,237 SH   SOLE 4,237 0 0
TARGET CORP COM 87612E106 4,914 56,738 SH   SOLE 56,738 0 0
TJX COS INC NEW COM 872540109 274 5,200 SH   SOLE 5,200 0 0
TORO CO COM 891092108 787 11,778 SH   SOLE 11,778 0 0
TRAVELERS COMPANIES INC COM 89417E109 2,214 14,809 SH   SOLE 14,809 0 0
UNILEVER PLC SPON ADR NEW 904767704 352 5,695 SH   SOLE 5,695 0 0
UNION PAC CORP COM 907818108 2,659 15,728 SH   SOLE 15,728 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,727 16,730 SH   SOLE 16,730 0 0
UNITEDHEALTH GROUP INC COM 91324P102 2,558 10,487 SH   SOLE 10,487 0 0
US BANCORP DEL COM NEW 902973304 378 7,227 SH   SOLE 7,227 0 0
VEONEER INCORPORATED COM 92336X109 1,434 82,885 SH   SOLE 82,885 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 4,476 78,364 SH   SOLE 78,364 0 0
W R BERKLEY CORPORATION COM 084423102 380 5,775 SH   SOLE 5,775 0 0
WALMART INC COM 931142103 694 6,285 SH   SOLE 6,285 0 0
WELLS FARGO CO NEW COM 949746101 2,593 54,802 SH   SOLE 54,802 0 0
WEYERHAEUSER CO COM 962166104 2,370 89,988 SH   SOLE 89,988 0 0
WILLIAMS SONOMA INC COM 969904101 347 5,345 SH   SOLE 5,345 0 0
WINMARK CORP COM 974250102 240 1,388 SH   SOLE 1,388 0 0