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 2,196 10,466 SH   SOLE 10,466 0 0
ABBVIE INC COM 00287Y109 212 2,387 SH   SOLE 2,387 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 208 1,545 SH   SOLE 1,545 0 0
ALPHABET INC CAP STK CL C 02079K107 2,969 3,096 SH   SOLE 3,096 0 0
ALPHABET INC CAP STK CL A 02079K305 360 370 SH   SOLE 370 0 0
AMERISOURCEBERGEN CORP COM 03073E105 493 5,960 SH   SOLE 5,960 0 0
AMGEN INC COM 031162100 256 1,378 SH   SOLE 1,378 0 0
APACHE CORP COM 037411105 1,680 36,685 SH   SOLE 36,685 0 0
APPLE INC COM 037833100 3,758 24,388 SH   SOLE 24,388 0 0
APPLIED MATLS INC COM 038222105 809 15,550 SH   SOLE 15,550 0 0
AUTOLIV INC COM 052800109 2,260 18,285 SH   SOLE 18,285 0 0
BANK AMER CORP COM 060505104 1,676 66,144 SH   SOLE 66,144 0 0
BANK NEW YORK MELLON CORP COM 064058100 5,510 103,931 SH   SOLE 103,931 0 0
BAXTER INTL INC COM 071813109 3,213 51,211 SH   SOLE 51,211 0 0
BEMIS INC COM 081437105 1,023 22,464 SH   SOLE 22,464 0 0
BERKLEY W R CORP COM 084423102 256 3,850 SH   SOLE 3,850 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 824 3 SH   SOLE 3 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,045 27,523 SH   SOLE 27,523 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,034 16,223 SH   SOLE 16,223 0 0
CHESAPEAKE ENERGY CORP COM 165167107 525 122,200 SH   SOLE 122,200 0 0
CHEVRON CORP NEW COM 166764100 822 7,000 SH   SOLE 7,000 0 0
CISCO SYS INC COM 17275R102 682 20,288 SH   SOLE 20,288 0 0
CITIGROUP INC COM NEW 172967424 3,626 49,855 SH   SOLE 49,855 0 0
COCA COLA CO COM 191216100 1,269 28,199 SH   SOLE 28,199 0 0
COLGATE PALMOLIVE CO COM 194162103 2,152 29,545 SH   SOLE 29,545 0 0
CONSOL ENERGY INC COM 20854P109 794 46,900 SH   SOLE 46,900 0 0
COSTCO WHSL CORP NEW COM 22160K105 317 1,930 SH   SOLE 1,930 0 0
CUMMINS INC COM 231021106 2,063 12,280 SH   SOLE 12,280 0 0
DEVON ENERGY CORP NEW COM 25179M103 662 18,050 SH   SOLE 18,050 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 684 5,184 SH   SOLE 5,184 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 921 43,276 SH   SOLE 43,276 0 0
DISNEY WALT CO COM DISNEY 254687106 1,828 18,555 SH   SOLE 18,555 0 0
DOWDUPONT INC COM 26078J100 228 3,298 SH   SOLE 3,298 0 0
EMERSON ELEC CO COM 291011104 1,525 24,275 SH   SOLE 24,275 0 0
ENBRIDGE INC COM 29250N105 577 13,793 SH   SOLE 13,793 0 0
ENCANA CORP COM 292505104 118 10,070 SH   SOLE 10,070 0 0
EXXON MOBIL CORP COM 30231G102 2,349 28,663 SH   SOLE 28,663 0 0
FEDERATED INVS INC PA CL B 314211103 4,061 136,755 SH   SOLE 136,755 0 0
FLOWSERVE CORP COM 34354P105 2,757 64,750 SH   SOLE 64,750 0 0
FRANKLIN RES INC COM 354613101 575 12,935 SH   SOLE 12,935 0 0
FULLER H B CO COM 359694106 216 3,730 SH   SOLE 3,730 0 0
GENERAL DYNAMICS CORP COM 369550108 377 1,835 SH   SOLE 1,835 0 0
GENERAL ELECTRIC CO COM 369604103 3,673 151,943 SH   SOLE 151,943 0 0
GENERAL MLS INC COM 370334104 1,880 36,332 SH   SOLE 36,332 0 0
HOME DEPOT INC COM 437076102 945 5,778 SH   SOLE 5,778 0 0
ILLINOIS TOOL WKS INC COM 452308109 256 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 4,652 122,179 SH   SOLE 122,179 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 373 2,572 SH   SOLE 2,572 0 0
JOHNSON & JOHNSON COM 478160104 2,770 21,307 SH   SOLE 21,307 0 0
KIMBERLY CLARK CORP COM 494368103 1,266 10,760 SH   SOLE 10,760 0 0
LAZARD LTD SHS A G54050102 2,936 64,945 SH   SOLE 64,945 0 0
LOWES COS INC COM 548661107 1,878 23,496 SH   SOLE 23,496 0 0
MACYS INC COM 55616P104 561 25,711 SH   SOLE 25,711 0 0
MARSH & MCLENNAN COS INC COM 571748102 592 7,065 SH   SOLE 7,065 0 0
MEDTRONIC PLC SHS G5960L103 4,624 59,462 SH   SOLE 59,462 0 0
MERCK & CO INC COM 58933Y105 706 11,033 SH   SOLE 11,033 0 0
MICROSOFT CORP COM 594918104 6,010 80,695 SH   SOLE 80,695 0 0
MONDELEZ INTL INC CL A 609207105 1,245 30,620 SH   SOLE 30,620 0 0
MURPHY OIL CORP COM 626717102 216 8,168 SH   SOLE 8,168 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,031 15,360 SH   SOLE 15,360 0 0
NORTHERN TR CORP COM 665859104 234 2,551 SH   SOLE 2,551 0 0
NORTHROP GRUMMAN CORP COM 666807102 233 810 SH   SOLE 810 0 0
PEPSICO INC COM 713448108 1,884 16,913 SH   SOLE 16,913 0 0
PFIZER INC COM 717081103 2,550 71,433 SH   SOLE 71,433 0 0
PHILLIPS 66 COM 718546104 3,960 43,229 SH   SOLE 43,229 0 0
PROCTER AND GAMBLE CO COM 742718109 3,711 40,800 SH   SOLE 40,800 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 811 12,969 SH   SOLE 12,969 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 452 7,474 SH   SOLE 7,474 0 0
SCHLUMBERGER LTD COM 806857108 825 11,840 SH   SOLE 11,840 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 2,913 33,920 SH   SOLE 33,920 0 0
SURMODICS INC COM 868873100 1,990 64,200 SH   SOLE 64,200 0 0
TACTILE SYS TECHNOLOGY INC COM 87357P100 228 7,392 SH   SOLE 7,392 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 202 5,391 SH   SOLE 5,391 0 0
TARGET CORP COM 87612E106 2,308 39,113 SH   SOLE 39,113 0 0
TJX COS INC NEW COM 872540109 339 4,600 SH   SOLE 4,600 0 0
TORO CO COM 891092108 831 13,392 SH   SOLE 13,392 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,648 13,458 SH   SOLE 13,458 0 0
TRIBUNE MEDIA CO CL A 896047503 1,025 25,100 SH   SOLE 25,100 0 0
UNILEVER PLC SPON ADR NEW 904767704 347 5,995 SH   SOLE 5,995 0 0
UNION PAC CORP COM 907818108 2,716 23,425 SH   SOLE 23,425 0 0
UNITED PARCEL SERVICE INC CL B 911312106 2,290 19,075 SH   SOLE 19,075 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,934 9,877 SH   SOLE 9,877 0 0
US BANCORP DEL COM NEW 902973304 387 7,227 SH   SOLE 7,227 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 3,822 77,227 SH   SOLE 77,227 0 0
WAL-MART STORES INC COM 931142103 570 7,300 SH   SOLE 7,300 0 0
WELLS FARGO CO NEW COM 949746101 2,055 37,266 SH   SOLE 37,266 0 0
WEYERHAEUSER CO COM 962166104 3,492 102,620 SH   SOLE 102,620 0 0
WINMARK CORP COM 974250102 220 1,670 SH   SOLE 1,670 0 0