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 1,860 9,766 SH   SOLE 9,766 0 0
ABBVIE INC COM 00287Y109 220 2,387 SH   SOLE 2,387 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 211 1,500 SH   SOLE 1,500 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 3,725 84,850 SH   SOLE 84,850 0 0
ALPHABET INC CAP STK CL C 02079K107 2,027 1,958 SH   SOLE 1,958 0 0
ALPHABET INC CAP STK CL A 02079K305 386 370 SH   SOLE 370 0 0
AMERISOURCEBERGEN CORP COM 03073E105 443 5,960 SH   SOLE 5,960 0 0
AMGEN INC COM 031162100 268 1,378 SH   SOLE 1,378 0 0
APACHE CORP COM 037411105 898 34,225 SH   SOLE 34,225 0 0
APPLE INC COM 037833100 3,055 19,372 SH   SOLE 19,372 0 0
APPLIED MATLS INC COM 038222105 440 13,450 SH   SOLE 13,450 0 0
AUTOLIV INC COM 052800109 2,649 37,725 SH   SOLE 37,725 0 0
BANK AMER CORP COM 060505104 1,643 66,712 SH   SOLE 66,712 0 0
BANK NEW YORK MELLON CORP COM 064058100 5,061 107,531 SH   SOLE 107,531 0 0
BAXTER INTL INC COM 071813109 2,643 40,166 SH   SOLE 40,166 0 0
BEMIS INC COM 081437105 685 14,935 SH   SOLE 14,935 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 918 3 SH   SOLE 3 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,619 27,521 SH   SOLE 27,521 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 854 16,448 SH   SOLE 16,448 0 0
CENTURYLINK INC COM 156700106 272 18,014 SH   SOLE 18,014 0 0
CHESAPEAKE ENERGY CORP COM 165167107 170 81,200 SH   SOLE 81,200 0 0
CHEVRON CORP NEW COM 166764100 685 6,300 SH   SOLE 6,300 0 0
CISCO SYS INC COM 17275R102 857 19,783 SH   SOLE 19,783 0 0
CITIGROUP INC COM NEW 172967424 2,579 49,540 SH   SOLE 49,540 0 0
COCA COLA CO COM 191216100 1,155 24,399 SH   SOLE 24,399 0 0
COLGATE PALMOLIVE CO COM 194162103 1,687 28,345 SH   SOLE 28,345 0 0
COMCAST CORP NEW CL A 20030N101 1,608 47,245 SH   SOLE 47,245 0 0
COSTCO WHSL CORP NEW COM 22160K105 393 1,930 SH   SOLE 1,930 0 0
CUMMINS INC COM 231021106 3,580 26,795 SH   SOLE 26,795 0 0
DEVON ENERGY CORP NEW COM 25179M103 693 30,770 SH   SOLE 30,770 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 662 4,674 SH   SOLE 4,674 0 0
DISCOVERY INC COM SER A 25470F104 1,960 79,242 SH   SOLE 79,242 0 0
DISCOVERY INC COM SER C 25470F302 811 35,179 SH   SOLE 35,179 0 0
DISNEY WALT CO COM DISNEY 254687106 2,454 22,385 SH   SOLE 22,385 0 0
EMERSON ELEC CO COM 291011104 1,366 22,865 SH   SOLE 22,865 0 0
ENBRIDGE INC COM 29250N105 399 12,859 SH   SOLE 12,859 0 0
ENCANA CORP COM 292505104 109 18,995 SH   SOLE 18,995 0 0
EXXON MOBIL CORP COM 30231G102 1,917 28,113 SH   SOLE 28,113 0 0
FEDERATED INVS INC PA CL B 314211103 4,348 163,776 SH   SOLE 163,776 0 0
FLOWSERVE CORP COM 34354P105 2,504 65,875 SH   SOLE 65,875 0 0
FRANKLIN RES INC COM 354613101 1,049 35,370 SH   SOLE 35,370 0 0
GENERAL DYNAMICS CORP COM 369550108 266 1,695 SH   SOLE 1,695 0 0
GENERAL ELECTRIC CO COM 369604103 169 22,365 SH   SOLE 22,365 0 0
GENERAL MLS INC COM 370334104 1,748 44,902 SH   SOLE 44,902 0 0
HOME DEPOT INC COM 437076102 803 4,678 SH   SOLE 4,678 0 0
ILLINOIS TOOL WKS INC COM 452308109 219 1,735 SH   SOLE 1,735 0 0
INGERSOLL-RAND PLC SHS G47791101 301 3,300 SH   SOLE 3,300 0 0
INTEL CORP COM 458140100 3,191 68,014 SH   SOLE 68,014 0 0
JOHNSON & JOHNSON COM 478160104 2,598 20,137 SH   SOLE 20,137 0 0
KIMBERLY CLARK CORP COM 494368103 1,952 17,140 SH   SOLE 17,140 0 0
KIMCO RLTY CORP COM 49446R109 1,075 73,390 SH   SOLE 73,390 0 0
LAZARD LTD SHS A G54050102 800 21,690 SH   SOLE 21,690 0 0
LILLY ELI & CO COM 532457108 206 1,786 SH   SOLE 1,786 0 0
LOWES COS INC COM 548661107 1,802 19,521 SH   SOLE 19,521 0 0
MACYS INC COM 55616P104 1,486 49,906 SH   SOLE 49,906 0 0
MARSH & MCLENNAN COS INC COM 571748102 497 6,235 SH   SOLE 6,235 0 0
MEDTRONIC PLC SHS G5960L103 5,549 61,012 SH   SOLE 61,012 0 0
MERCK & CO INC COM 58933Y105 904 11,833 SH   SOLE 11,833 0 0
MICROSOFT CORP COM 594918104 5,995 59,033 SH   SOLE 59,033 0 0
MID AMER APT CMNTYS INC COM 59522J103 395 4,130 SH   SOLE 4,130 0 0
MONDELEZ INTL INC CL A 609207105 1,347 33,650 SH   SOLE 33,650 0 0
NOKIA CORP SPONSORED ADR 654902204 2,716 466,740 SH   SOLE 466,740 0 0
NORDSTROM INC COM 655664100 1,895 40,675 SH   SOLE 40,675 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,132 14,260 SH   SOLE 14,260 0 0
NVENT ELECTRIC PLC SHS G6700G107 1,761 78,430 SH   SOLE 78,430 0 0
PEPSICO INC COM 713448108 2,008 18,178 SH   SOLE 18,178 0 0
PFIZER INC COM 717081103 2,212 50,682 SH   SOLE 50,682 0 0
PHILLIPS 66 COM 718546104 1,678 19,487 SH   SOLE 19,487 0 0
PROCTER AND GAMBLE CO COM 742718109 4,669 50,795 SH   SOLE 50,795 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 897 14,974 SH   SOLE 14,974 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 573 9,844 SH   SOLE 9,844 0 0
SCHLUMBERGER LTD COM 806857108 968 26,850 SH   SOLE 26,850 0 0
SURMODICS INC COM 868873100 2,065 43,705 SH   SOLE 43,705 0 0
TARGET CORP COM 87612E106 3,505 53,043 SH   SOLE 53,043 0 0
TJX COS INC NEW COM 872540109 411 9,200 SH   SOLE 9,200 0 0
TORO CO COM 891092108 650 11,639 SH   SOLE 11,639 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,636 13,669 SH   SOLE 13,669 0 0
UNILEVER PLC SPON ADR NEW 904767704 313 5,995 SH   SOLE 5,995 0 0
UNION PAC CORP COM 907818108 2,845 20,588 SH   SOLE 20,588 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,892 19,405 SH   SOLE 19,405 0 0
UNITEDHEALTH GROUP INC COM 91324P102 2,002 8,037 SH   SOLE 8,037 0 0
US BANCORP DEL COM NEW 902973304 330 7,227 SH   SOLE 7,227 0 0
VEONEER INCORPORATED COM 92336X109 554 23,525 SH   SOLE 23,525 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 4,291 76,335 SH   SOLE 76,335 0 0
W R BERKLEY CORPORATION COM 084423102 284 3,850 SH   SOLE 3,850 0 0
WALMART INC COM 931142103 650 6,985 SH   SOLE 6,985 0 0
WELLS FARGO CO NEW COM 949746101 1,948 42,282 SH   SOLE 42,282 0 0
WEYERHAEUSER CO COM 962166104 2,203 100,798 SH   SOLE 100,798 0 0
WILLIAMS SONOMA INC COM 969904101 254 5,045 SH   SOLE 5,045 0 0
WINMARK CORP COM 974250102 220 1,388 SH   SOLE 1,388 0 0