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 2,336 9,926 SH   SOLE 9,926 0 0
ABBVIE INC COM 00287Y109 230 2,387 SH   SOLE 2,387 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 236 1,545 SH   SOLE 1,545 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 2,145 49,810 SH   SOLE 49,810 0 0
ALPHABET INC CAP STK CL C 02079K107 3,126 2,988 SH   SOLE 2,988 0 0
ALPHABET INC CAP STK CL A 02079K305 389 370 SH   SOLE 370 0 0
AMERISOURCEBERGEN CORP COM 03073E105 547 5,960 SH   SOLE 5,960 0 0
AMGEN INC COM 031162100 239 1,378 SH   SOLE 1,378 0 0
APACHE CORP COM 037411105 1,563 37,035 SH   SOLE 37,035 0 0
APPLE INC COM 037833100 4,056 23,968 SH   SOLE 23,968 0 0
APPLIED MATLS INC COM 038222105 784 15,350 SH   SOLE 15,350 0 0
AUTOLIV INC COM 052800109 2,272 17,885 SH   SOLE 17,885 0 0
BANK AMER CORP COM 060505104 1,740 58,962 SH   SOLE 58,962 0 0
BANK NEW YORK MELLON CORP COM 064058100 5,510 102,311 SH   SOLE 102,311 0 0
BAXTER INTL INC COM 071813109 3,105 48,046 SH   SOLE 48,046 0 0
BEMIS INC COM 081437105 1,073 22,464 SH   SOLE 22,464 0 0
BERKLEY W R CORP COM 084423102 275 3,850 SH   SOLE 3,850 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 892 3 SH   SOLE 3 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,450 27,498 SH   SOLE 27,498 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 994 16,223 SH   SOLE 16,223 0 0
CHESAPEAKE ENERGY CORP COM 165167107 373 94,200 SH   SOLE 94,200 0 0
CHEVRON CORP NEW COM 166764100 788 6,300 SH   SOLE 6,300 0 0
CISCO SYS INC COM 17275R102 774 20,213 SH   SOLE 20,213 0 0
CITIGROUP INC COM NEW 172967424 3,564 47,905 SH   SOLE 47,905 0 0
COCA COLA CO COM 191216100 1,224 26,699 SH   SOLE 26,699 0 0
COLGATE PALMOLIVE CO COM 194162103 2,229 29,545 SH   SOLE 29,545 0 0
CONSOL ENERGY INC NEW COM 20854L108 233 5,909 SH   SOLE 5,909 0 0
COSTCO WHSL CORP NEW COM 22160K105 359 1,930 SH   SOLE 1,930 0 0
CUMMINS INC COM 231021106 2,157 12,215 SH   SOLE 12,215 0 0
DEVON ENERGY CORP NEW COM 25179M103 552 13,350 SH   SOLE 13,350 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 757 5,184 SH   SOLE 5,184 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 1,342 59,976 SH   SOLE 59,976 0 0
DISNEY WALT CO COM DISNEY 254687106 2,102 19,555 SH   SOLE 19,555 0 0
EMERSON ELEC CO COM 291011104 1,661 23,840 SH   SOLE 23,840 0 0
ENBRIDGE INC COM 29250N105 535 13,695 SH   SOLE 13,695 0 0
ENCANA CORP COM 292505104 134 10,070 SH   SOLE 10,070 0 0
EXXON MOBIL CORP COM 30231G102 2,368 28,313 SH   SOLE 28,313 0 0
FEDERATED INVS INC PA CL B 314211103 4,739 131,365 SH   SOLE 131,365 0 0
FLOWSERVE CORP COM 34354P105 2,724 64,660 SH   SOLE 64,660 0 0
FRANKLIN RES INC COM 354613101 560 12,935 SH   SOLE 12,935 0 0
FULLER H B CO COM 359694106 200 3,730 SH   SOLE 3,730 0 0
GENERAL DYNAMICS CORP COM 369550108 373 1,835 SH   SOLE 1,835 0 0
GENERAL ELECTRIC CO COM 369604103 2,481 142,227 SH   SOLE 142,227 0 0
GENERAL MLS INC COM 370334104 2,017 34,027 SH   SOLE 34,027 0 0
HOME DEPOT INC COM 437076102 937 4,948 SH   SOLE 4,948 0 0
ILLINOIS TOOL WKS INC COM 452308109 289 1,735 SH   SOLE 1,735 0 0
INGERSOLL-RAND PLC SHS G47791101 294 3,300 SH   SOLE 3,300 0 0
INTEL CORP COM 458140100 5,526 119,729 SH   SOLE 119,729 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 371 2,422 SH   SOLE 2,422 0 0
JOHNSON & JOHNSON COM 478160104 2,813 20,137 SH   SOLE 20,137 0 0
KIMBERLY CLARK CORP COM 494368103 1,443 11,965 SH   SOLE 11,965 0 0
LAZARD LTD SHS A G54050102 3,080 58,680 SH   SOLE 58,680 0 0
LEGG MASON INC COM 524901105 205 4,900 SH   SOLE 4,900 0 0
LOWES COS INC COM 548661107 2,183 23,496 SH   SOLE 23,496 0 0
MACYS INC COM 55616P104 347 13,811 SH   SOLE 13,811 0 0
MARSH & MCLENNAN COS INC COM 571748102 575 7,065 SH   SOLE 7,065 0 0
MEDTRONIC PLC SHS G5960L103 4,890 60,562 SH   SOLE 60,562 0 0
MERCK & CO INC COM 58933Y105 695 12,358 SH   SOLE 12,358 0 0
MICROSOFT CORP COM 594918104 6,292 73,560 SH   SOLE 73,560 0 0
MONDELEZ INTL INC CL A 609207105 1,310 30,620 SH   SOLE 30,620 0 0
NORDSTROM INC COM 655664100 1,513 31,950 SH   SOLE 31,950 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,211 15,260 SH   SOLE 15,260 0 0
NORTHERN TR CORP COM 665859104 254 2,551 SH   SOLE 2,551 0 0
NORTHROP GRUMMAN CORP COM 666807102 248 810 SH   SOLE 810 0 0
PEPSICO INC COM 713448108 2,082 17,363 SH   SOLE 17,363 0 0
PFIZER INC COM 717081103 2,496 68,913 SH   SOLE 68,913 0 0
PHILLIPS 66 COM 718546104 4,329 42,799 SH   SOLE 42,799 0 0
PROCTER AND GAMBLE CO COM 742718109 3,715 40,435 SH   SOLE 40,435 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 885 12,969 SH   SOLE 12,969 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 467 7,014 SH   SOLE 7,014 0 0
SCHLUMBERGER LTD COM 806857108 1,065 15,810 SH   SOLE 15,810 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 2,405 28,169 SH   SOLE 28,169 0 0
SURMODICS INC COM 868873100 1,789 63,900 SH   SOLE 63,900 0 0
TACTILE SYS TECHNOLOGY INC COM 87357P100 204 7,047 SH   SOLE 7,047 0 0
TARGET CORP COM 87612E106 2,856 43,773 SH   SOLE 43,773 0 0
TJX COS INC NEW COM 872540109 351 4,600 SH   SOLE 4,600 0 0
TORO CO COM 891092108 873 13,392 SH   SOLE 13,392 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,825 13,458 SH   SOLE 13,458 0 0
TRIBUNE MEDIA CO CL A 896047503 794 18,705 SH   SOLE 18,705 0 0
UNILEVER PLC SPON ADR NEW 904767704 331 5,995 SH   SOLE 5,995 0 0
UNION PAC CORP COM 907818108 3,030 22,600 SH   SOLE 22,600 0 0
UNITED PARCEL SERVICE INC CL B 911312106 2,272 19,075 SH   SOLE 19,075 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,918 8,702 SH   SOLE 8,702 0 0
US BANCORP DEL COM NEW 902973304 387 7,227 SH   SOLE 7,227 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 3,985 75,292 SH   SOLE 75,292 0 0
WAL-MART STORES INC COM 931142103 720 7,300 SH   SOLE 7,300 0 0
WELLS FARGO CO NEW COM 949746101 2,260 37,266 SH   SOLE 37,266 0 0
WEYERHAEUSER CO COM 962166104 3,586 101,720 SH   SOLE 101,720 0 0