| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX RETURN PREPARATION | 1,890 | 0 | 1,890 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT&T INC 4.125%26 | 22,550 | 21,493 |
| BANK OF AMERICA C VAR 24 | 15,976 | 15,578 |
| CAPITAL ONE FINL 3.05%22 | 22,313 | 21,488 |
| CITIGROUP INC 3.2%26 | 15,641 | 15,710 |
| CONAGRA BRANDS, I 4.6%25 | 15,089 | 15,157 |
| CVS HEALTH CORP 4.1%25 | 16,014 | 15,812 |
| DOLLAR GENERAL C 3.25%23 | 15,401 | 14,573 |
| DUKE ENERGY CORP 5.05%19 | 23,291 | 22,219 |
| ETRADE FINL COR 2.95%22 | 22,079 | 21,352 |
| EXELON GENERATION 5.2%19 | 23,344 | 22,284 |
| GENERAL MOTORS F 3.45%22 | 15,802 | 15,387 |
| HUNTINGTON BANCS 3.15%21 | 22,577 | 21,913 |
| JP MORGANCHASE & VAR 23 | 16,139 | 15,857 |
| KINDER MORGAN EN 4.25%24 | 22,869 | 21,914 |
| ROPER TECHNOLOGIE 3.8%26 | 16,570 | 15,418 |
| ROYAL CARIBBEAN 5.25%22F | 22,290 | 20,725 |
| TANGER PROPERTI 3.125%26 | 16,546 | 16,058 |
| THE GOLDMAN SACHS VAR 25 | 22,853 | 21,537 |
| WELLTOWER INC 4.125%19 | 20,604 | 20,010 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ROBINSON MILLS, INC. | 81,600 | 153,731 |
| 3M CO | 9,029 | 10,860 |
| ABBOTT LABORATORIES | 14,362 | 23,290 |
| ACCENTURE PLC | 18,917 | 23,126 |
| ACUITY BRANDS INC | 7,939 | 7,702 |
| ADIDAS AG | 17,204 | 18,990 |
| ADOBE INC | 7,982 | 16,516 |
| AIA GROUP LTD | 23,806 | 28,343 |
| ALLERGAN PLC | 23,944 | 11,896 |
| ALLSTATE CORP | 14,594 | 17,930 |
| ALPHABET INC | 14,348 | 20,899 |
| ALTRA INDUSTRIAL MOT | 3,517 | 2,993 |
| AMADEUS IT GROUP S A | 13,648 | 12,463 |
| AMERICAN INTL GROUP | 19,159 | 14,345 |
| ANSYS INC | 10,286 | 7,862 |
| APPLE INC | 10,693 | 19,560 |
| ARAMARK | 18,089 | 13,326 |
| ARCH CAP GROUP LTD | 13,238 | 13,093 |
| ARCHER-DANIELS-MIDLN | 19,618 | 16,019 |
| ARTHUR J GALLAGHER&C | 6,870 | 8,328 |
| ASML HDLGS NV | 12,030 | 11,205 |
| AT&T INC | 21,702 | 17,638 |
| ATLAS COPCO AB | 21,455 | 13,927 |
| AVERY DENNISON CORP | 17,307 | 19,044 |
| BANK OF NY MELLON CO | 15,638 | 18,546 |
| BB&T CORP | 14,460 | 17,675 |
| BECTON DICKINSON & CO | 16,272 | 26,137 |
| BERRY GLOBAL GROUP | 14,827 | 16,588 |
| BIOGEN INC | 15,357 | 14,745 |
| BIO-TECHNE CORP | 4,686 | 7,236 |
| BORG WARNER INC | 8,048 | 7,434 |
| BRIGHT HORIZON FAM | 6,160 | 9,919 |
| BROADRIDGE FINL SOLU | 10,993 | 15,400 |
| BRYN MAWR BANK CORP | 4,881 | 3,922 |
| BURLINGTON STORES | 3,758 | 6,832 |
| C S L LIMITED | 15,094 | 28,408 |
| CABOT MICROELECTRON | 11,336 | 10,012 |
| CAMDEN NTNL CORP | 5,329 | 4,532 |
| CANADIAN PAC RAILWAY | 16,529 | 23,800 |
| CARDINAL HEALTH INC | 23,324 | 13,870 |
| CATALENT INC | 13,928 | 13,782 |
| CHARLES SCHWAB CORP | 11,506 | 16,487 |
| CHRISTIAN HANSEN HLD | 7,514 | 17,746 |
| CHUBB LTD | 11,231 | 22,607 |
| CHURCH & DWIGHT CO | 20,885 | 36,365 |
| CIGNA CORP | 8,927 | 9,306 |
| CIMAREX ENERGY CO | 9,169 | 4,994 |
| CISCO SYSTEMS INC | 11,573 | 18,805 |
| COGNEX CORP | 6,888 | 8,314 |
| COHEN & STEERS INC | 8,182 | 6,933 |
| COLUMBIA BANKING SYS | 12,773 | 11,540 |
| COMPASS GROUP | 17,984 | 21,088 |
| CONAGRA BRANDS INC | 8,091 | 6,344 |
| CONCHO RESOURCES INC | 6,751 | 5,962 |
| CONOCOPHILLIPS | 13,621 | 16,460 |
| CORE LABORATORIES | 24,920 | 13,125 |
| COSTCO WHOLESALE CO | 12,106 | 14,667 |
| CVS HEALTH CORP | 20,017 | 18,608 |
| DIAMONDBACK ENERGY | 15,071 | 16,223 |
| DOLBY LABORATORIES | 6,398 | 7,792 |
| DOLLAR TREE INC | 17,580 | 19,870 |
| DOWDUPONT INC | 16,476 | 17,328 |
| DSV AS | 14,974 | 20,363 |
| ECOLAB INC | 14,845 | 22,397 |
| EDISON INTERNTNL | 19,123 | 17,030 |
| ELLIE MAE INC | 7,490 | 6,095 |
| ESSILORLUXOTTICA | 24,103 | 23,306 |
| EVERCORE INC | 4,626 | 6,154 |
| EXPERIAN PLC | 20,700 | 27,754 |
| FEDEX CORP | 17,657 | 15,326 |
| FIRSTSERVICE CORP | 2,949 | 2,876 |
| FLIR SYSTEMS INC | 8,421 | 9,970 |
| GEBERIT AG | 12,455 | 12,900 |
| GENESEE & WYOMING | 4,972 | 6,662 |
| GRACO INC | 6,702 | 6,905 |
| GRAPHIC PACKAGING HL | 11,902 | 9,395 |
| HALLIBURTON CO HLDG | 15,107 | 9,994 |
| HDFC BANK LTD | 12,775 | 22,997 |
| HEALTHCARE SVC GROUP | 9,160 | 12,175 |
| HEICO CORP | 2,015 | 6,198 |
| HELEN OF TROY LTD | 6,567 | 9,445 |
| HENRY JACK & ASSOC | 4,479 | 5,567 |
| HEXAGON AB | 27,148 | 21,154 |
| I C U MEDICAL INC | 10,114 | 11,482 |
| ICON PLC | 9,014 | 17,443 |
| IDEX CORP | 6,667 | 6,818 |
| INDUSTRIA DE DISENO TE | 6,201 | 5,707 |
| INGEVITY CORP | 5,490 | 8,369 |
| INTEGRA LIFESCIENC | 8,089 | 9,742 |
| INTEL CORP | 13,356 | 18,350 |
| JOHNSON & JOHNSON | 15,142 | 17,938 |
| LAB CO OF AMER HLDG | 31,443 | 28,430 |
| LANDSTAR SYS INC | 3,656 | 5,262 |
| LINCOLN ELEC HLDGS | 10,610 | 9,068 |
| LITTELFUSE INC | 7,335 | 9,260 |
| LKQ CORP | 15,838 | 11,533 |
| LOWES COMPANIES INC | 13,170 | 19,673 |
| LVMH MOET HENNESSY LOU | 11,949 | 21,163 |
| MARATHON OIL CORP | 23,867 | 16,390 |
| MARSH & MCLENNAN CO | 13,613 | 19,459 |
| MASTERCARD INC | 10,782 | 23,393 |
| MCCORMICK & CO INC | 17,736 | 24,924 |
| MEDIDATA SOLUTIONS | 5,268 | 6,135 |
| MERCK & CO INC | 14,508 | 21,013 |
| METTLER TOLEDO INTL | 21,071 | 20,361 |
| MICROSOFT CORP | 18,398 | 18,384 |
| MONDELEZ INTL | 14,620 | 15,171 |
| MONOLITHIC POWER SYS | 3,905 | 7,440 |
| NESTLE S A | 17,510 | 22,020 |
| NEWMARKET CORPORATN | 8,417 | 8,654 |
| NICE LTD | 6,242 | 9,847 |
| NORTHROP GRUMMAN CO | 7,682 | 13,714 |
| OCCIDENTAL PETROL CO | 21,720 | 17,862 |
| OLLIES BARGAIN OUTLET HO | 1,787 | 3,924 |
| ORACLE CORP | 17,051 | 19,098 |
| PACWEST BANCORP | 10,900 | 7,820 |
| PAYCOM SOFTWARE INC | 7,571 | 7,714 |
| PAYPAL HOLDINGS INCORPOR | 9,300 | 22,957 |
| PEPSICO INC | 18,923 | 21,212 |
| PERNOD RICARD S A | 19,306 | 19,382 |
| PFIZER INC | 13,537 | 19,250 |
| POOL CORP | 8,702 | 11,446 |
| PRESTIGE CONSUMER | 9,346 | 7,288 |
| PVH CORP | 10,323 | 6,971 |
| QUALYS INC | 4,487 | 9,641 |
| QUANTA SERVICES INC | 11,439 | 9,271 |
| QUEST DIAGNOSTIC INC | 12,945 | 16,154 |
| RAYTHEON CO | 9,280 | 13,648 |
| REINSURANCE GP AMER | 13,343 | 13,322 |
| RELIANCE STL & ALUMI | 5,900 | 5,836 |
| RYANAIR HLDGS PLC | 13,893 | 7,919 |
| SCHEIN HENRY INC | 21,091 | 20,023 |
| SHOPIFY INC | 18,603 | 20,768 |
| SMITH A O | 9,431 | 6,661 |
| SNAP ON INC | 13,343 | 12,350 |
| SOUTH ST CORP | 10,689 | 8,453 |
| SPECTRUM BRANDS HLDG | 10,492 | 4,521 |
| SS&C TECHNOLOGS HLDG | 16,046 | 14,345 |
| STARBUCKS CORP | 12,980 | 19,642 |
| STERIS PLC | 26,278 | 27,781 |
| SYNOPSYS INC | 6,637 | 11,794 |
| TAIWAN SEMICONDUCTR | 7,559 | 22,810 |
| TELEFLEX INCORPORATE | 10,269 | 11,115 |
| TENCENT HOLDINGS | 9,208 | 23,603 |
| TORO CO | 6,802 | 8,103 |
| U M B FINL CORP | 8,476 | 6,829 |
| VERIZON COMMUNICATN | 18,949 | 22,038 |
| WALGREENS BOOTS ALLI | 17,835 | 14,281 |
| WAL-MART DE MEXICO S A | 14,202 | 14,736 |
| WALT DISNEY CO | 18,729 | 20,505 |
| WASTE MANAGEMENT INC | 11,782 | 21,269 |
| WATSCO INC | 7,729 | 7,374 |
| WEST PHARM SRVC INC | 11,711 | 12,254 |
| WILEY & SONS INC JOHN | 11,348 | 9,629 |
| ZOETIS INC | 8,558 | 16,595 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CORESITE REALTY CORP | AT COST | 9,204 | 8,810 |
| EQUITY RESIDENTIAL | AT COST | 17,049 | 17,757 |
| TERRENO REALTY CORP | AT COST | 9,408 | 10,516 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 39,399 | 39,399 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 81 | 81 | 0 |