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 266 1,768 SH   SOLE   1,768 0 0
ALLERGAN INC COM 018490102 20,372 65,189 SH   SOLE   65,189 0 0
ALPHABET INC CAP STK CL A 02079K305 42,732 54,925 SH   SOLE   54,925 0 0
ALPHABET INC CAP STK CL C 02079K107 10,870 14,324 SH   SOLE   14,324 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 32,353 522,078 SH   SOLE   522,078 0 0
APPLE INC COM 037833100 32,705 312,753 SH   SOLE   312,753 0 0
AT&T INC COM 00206R102 597 21,957 SH   SOLE   21,957 0 0
BANK AMER CORP COM 060505104 48,522 2,883,092 SH   SOLE   2,883,092 0 0
BANK HAWAII CORP COM 062540109 208 3,300 SH   SOLE   3,300 0 0
BANK NEW YORK MELLON CORP COM 064058100 40,500 982,531 SH   SOLE   982,531 0 0
BARD C R INC COM 067383109 19,051 100,563 SH   SOLE   100,563 0 0
BAXTER INTL INC COM 071813109 245 6,420 SH   SOLE   6,420 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 47,778 361,847 SH   SOLE   361,847 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 303 11,315 SH   SOLE   11,315 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 257 3,730 SH   SOLE   3,730 0 0
CATERPILLAR INC DEL COM 149123101 244 3,590 SH   SOLE   3,590 0 0
CHEVRON CORP NEW COM 166764100 806 8,964 SH   SOLE   8,964 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 201 3,575 SH   SOLE   3,575 0 0
CHUBB CORP COM 171232101 1,075 8,105 SH   SOLE   8,105 0 0
CISCO SYS INC COM 17275R102 729 26,835 SH   SOLE   26,835 0 0
CITIGROUP INC COM NEW 172967424 38,272 739,564 SH   SOLE   739,564 0 0
COCA COLA CO COM 191216100 760 17,694 SH   SOLE   17,694 0 0
CONSOLIDATED EDISON INC COM 209115104 348 5,420 SH   SOLE   5,420 0 0
DEERE & CO COM 244199105 20,482 268,543 SH   SOLE   268,543 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 18,264 167,456 SH   SOLE   167,456 0 0
DISNEY WALT CO COM DISNEY 254687106 270 2,569 SH   SOLE   2,569 0 0
DOW CHEM CO COM 260543103 270 6,461 SH   SOLE   6,461 0 0
EATON CORP COM 278058102 200 3,850 SH   SOLE   3,850 0 0
EBAY INC COM 278642103 457 16,616 SH   SOLE   16,616 0 0
EMERSON ELEC CO COM 291011104 351 7,330 SH   SOLE   7,330 0 0
EOG RES INC COM 26875P101 425 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 754 3,149 SH   SOLE   3,149 0 0
EXELON CORP UNIT 99/99/9999 30161N127 452 11,175 SH   SOLE   11,175 0 0
EXXON MOBIL CORP COM 30231G102 1,714 21,989 SH   SOLE   21,989 0 0
FEDEX CORP COM 31428X106 15,993 107,425 SH   SOLE   107,425 0 0
FISERV INC COM 337738108 21,435 234,361 SH   SOLE   234,361 0 0
FLOWSERVE CORP COM 34354P105 37,816 898,666 SH   SOLE   898,666 0 0
GENERAL ELECTRIC CO COM 369604103 38,535 1,248,534 SH   SOLE   1,248,534 0 0
GENERAL MTRS CO COM 37045V100 30,988 911,147 SH   SOLE   911,147 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 262 6,485 SH   SOLE   6,485 0 0
GRAINGER W W INC COM 384802104 21,024 103,774 SH   SOLE   103,774 0 0
HALLIBURTON CO COM 406216101 5,409 158,889 SH   SOLE   158,889 0 0
HOME DEPOT INC COM 437076102 913 8,793 SH   SOLE   8,793 0 0
HOST HOTELS & RESORTS INC COM 44107P104 253 16,471 SH   SOLE   16,471 0 0
INTEL CORP COM 458140100 714 20,713 SH   SOLE   20,713 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 526 3,825 SH   SOLE   3,825 0 0
ISHARES TR 1-3 YR CR BD ETF 464288646 49,941 477,447 SH   SOLE   477,447 0 0
ISHARES TR CORE US AGGBD ET 464287226 32,716 302,902 SH   SOLE   302,902 0 0
ISHARES TR IBOXX INV CP ETF 464287242 22,613 198,346 SH   SOLE   198,346 0 0
ISHARES TR TIPS BD ETF 464287176 39,449 359,672 SH   SOLE   359,672 0 0
JOHNSON & JOHNSON COM 478160104 961 9,355 SH   SOLE   9,355 0 0
KIMBERLY CLARK CORP COM 494368103 383 3,010 SH   SOLE   3,010 0 0
KRAFT HEINZ CO COM 500754106 14,920 205,058 SH   SOLE   205,058 0 0
LILLY ELI & CO COM 532457108 475 5,636 SH   SOLE   5,636 0 0
LOWES COS INC COM 548661107 631 8,300 SH   SOLE   8,300 0 0
MATTEL INC COM 577081102 250 9,210 SH   SOLE   9,210 0 0
MCDONALDS CORP COM 580135101 265 2,240 SH   SOLE   2,240 0 0
MEDTRONIC INC COM 585055106 277 3,600 SH   SOLE   3,600 0 0
MICROSOFT CORP COM 594918104 47,043 847,934 SH   SOLE   847,934 0 0
MONDELEZ INTL INC CL A 609207105 35,223 785,525 SH   SOLE   785,525 0 0
OWENS ILL INC COM NEW 690768403 20,501 1,176,867 SH   SOLE   1,176,867 0 0
PAYCHEX INC COM 704326107 506 9,560 SH   SOLE   9,560 0 0
PAYPAL HLDGS INC COM 70450Y103 548 15,151 SH   SOLE   15,151 0 0
PEPSICO INC COM 713448108 13,542 135,529 SH   SOLE   135,529 0 0
PROCTER & GAMBLE CO COM 742718109 26,229 330,293 SH   SOLE   330,293 0 0
QUALCOMM INC COM 747525103 18,439 368,899 SH   SOLE   368,899 0 0
SCHLUMBERGER LTD COM 806857108 5,167 74,085 SH   SOLE   74,085 0 0
SIMON PPTY GROUP INC NEW COM 828806109 563 2,895 SH   SOLE   2,895 0 0
SOUTHERN CO COM 842587107 592 12,650 SH   SOLE   12,650 0 0
SYSCO CORP COM 871829107 630 15,360 SH   SOLE   15,360 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 478 8,882 SH   SOLE   8,882 0 0
TIME WARNER INC COM NEW 887317105 9,269 143,326 SH   SOLE   143,326 0 0
U.S. BANCORP PFD. SER. G COM NEW 902973817 573 21,377 SH   SOLE   21,377 0 0
UNILEVER N V N Y SHS NEW 904784709 238 5,500 SH   SOLE   5,500 0 0
UNION PAC CORP COM 907818108 548 7,008 SH   SOLE   7,008 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,429 14,845 SH   SOLE   14,845 0 0
UNITED TECHNOLOGIES CORP COM 913017109 21,860 227,541 SH   SOLE   227,541 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 485 10,654 SH   SOLE   10,654 0 0
WELLS FARGO & CO NEW COM 949746101 21,886 402,619 SH   SOLE   402,619 0 0