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 312 1,768 SH   SOLE   1,768 0 0
ALLERGAN PLC SHS G0177J108 46,879 203,546 SH   SOLE   203,546 0 0
ALPHABET INC CAP STK CL A 02079K305 40,812 50,758 SH   SOLE   50,758 0 0
ALPHABET INC CAP STK CL C 02079K107 2,321 2,986 SH   SOLE   2,986 0 0
AMAZON COM INC COM 023135106 260 310 SH   SOLE   310 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 32,063 540,335 SH   SOLE   540,335 0 0
AMERISOURCEBERGEN CORP COM 03073E105 664 8,215 SH   SOLE   8,215 0 0
APPLE INC COM 037833100 46,809 414,055 SH   SOLE   414,055 0 0
AT&T INC COM 00206R102 1,325 32,634 SH   SOLE   32,634 0 0
BANK AMER CORP COM 060505104 33,752 2,156,691 SH   SOLE   2,156,691 0 0
BANK HAWAII CORP COM 062540109 261 3,600 SH   SOLE   3,600 0 0
BANK NEW YORK MELLON CORP COM 064058100 39,908 1,000,708 SH   SOLE   1,000,708 0 0
BARD C R INC COM 067383109 19,954 88,969 SH   SOLE   88,969 0 0
BAXTER INTL INC COM 071813109 883 18,545 SH   SOLE   18,545 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 58,568 405,401 SH   SOLE   405,401 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,091 37,040 SH   SOLE   37,040 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 201 3,730 SH   SOLE   3,730 0 0
CATERPILLAR INC DEL COM 149123101 916 10,320 SH   SOLE   10,320 0 0
CHEVRON CORP NEW COM 166764100 1,469 14,272 SH   SOLE   14,272 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 220 3,575 SH   SOLE   3,575 0 0
CHUBB LIMITED COM H1467J104 613 4,878 SH   SOLE   4,878 0 0
CISCO SYS INC COM 17275R102 1,261 39,760 SH   SOLE   39,760 0 0
CITIGROUP INC COM NEW 172967424 26,586 562,903 SH   SOLE   562,903 0 0
COCA COLA CO COM 191216100 656 15,491 SH   SOLE   15,491 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 16,411 343,980 SH   SOLE   343,980 0 0
COLFAX CORP COM 194014106 18,807 598,378 SH   SOLE   598,378 0 0
CONSOLIDATED EDISON INC COM 209115104 922 12,240 SH   SOLE   12,240 0 0
DEERE & CO COM 244199105 24,522 287,317 SH   SOLE   287,317 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 19,721 169,950 SH   SOLE   169,950 0 0
DISNEY WALT CO COM DISNEY 254687106 288 3,099 SH   SOLE   3,099 0 0
DOW CHEM CO COM 260543103 722 13,930 SH   SOLE   13,930 0 0
EMERSON ELEC CO COM 291011104 957 17,565 SH   SOLE   17,565 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 210 7,600 SH   SOLE   7,600 0 0
EOG RES INC COM 26875P101 580 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 390 1,750 SH   SOLE   1,750 0 0
EXELON CORP UNIT 99/99/9999 30161N127 1,183 25,320 SH   SOLE   25,320 0 0
EXXON MOBIL CORP COM 30231G102 2,049 23,478 SH   SOLE   23,478 0 0
FEDEX CORP COM 31428X106 710 4,062 SH   SOLE   4,062 0 0
FISERV INC COM 337738108 22,272 223,906 SH   SOLE   223,906 0 0
FLOWSERVE CORP COM 34354P105 55,010 1,140,341 SH   SOLE   1,140,341 0 0
GENERAL ELECTRIC CO COM 369604103 1,311 44,266 SH   SOLE   44,266 0 0
GENERAL MTRS CO COM 37045V100 29,936 942,281 SH   SOLE   942,281 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 697 16,155 SH   SOLE   16,155 0 0
GRAINGER W W INC COM 384802104 24,180 107,545 SH   SOLE   107,545 0 0
HOME DEPOT INC COM 437076102 435 3,378 SH   SOLE   3,378 0 0
HOST HOTELS & RESORTS INC COM 44107P104 820 52,686 SH   SOLE   52,686 0 0
INTEL CORP COM 458140100 1,382 36,610 SH   SOLE   36,610 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,075 6,770 SH   SOLE   6,770 0 0
ISHARES TR 1-3 YR CR BD ETF 464288646 52,927 500,446 SH   SOLE   500,446 0 0
ISHARES TR CORE US AGGBD ET 464287226 35,809 318,525 SH   SOLE   318,525 0 0
ISHARES TR IBOXX INV CP ETF 464287242 25,871 210,030 SH   SOLE   210,030 0 0
ISHARES TR TIPS BD ETF 464287176 43,717 375,284 SH   SOLE   375,284 0 0
JOHNSON & JOHNSON COM 478160104 1,632 13,819 SH   SOLE   13,819 0 0
KIMBERLY CLARK CORP COM 494368103 976 7,735 SH   SOLE   7,735 0 0
LILLY ELI & CO COM 532457108 388 4,836 SH   SOLE   4,836 0 0
LOWES COS INC COM 548661107 599 8,300 SH   SOLE   8,300 0 0
M & T BK CORP COM 55261F104 670 5,775 SH   SOLE   5,775 0 0
MATTEL INC COM 577081102 774 25,570 SH   SOLE   25,570 0 0
MCDONALDS CORP COM 580135101 730 6,325 SH   SOLE   6,325 0 0
MCKESSON CORP COM 58155Q103 680 4,080 SH   SOLE   4,080 0 0
MEDTRONIC PLC SHS G5960L103 337 3,897 SH   SOLE   3,897 0 0
MICROSOFT CORP COM 594918104 52,352 908,888 SH   SOLE   908,888 0 0
MONDELEZ INTL INC CL A 609207105 38,172 869,527 SH   SOLE   869,527 0 0
OWENS ILL INC COM NEW 690768403 24,447 1,329,380 SH   SOLE   1,329,380 0 0
PAYCHEX INC COM 704326107 1,022 17,660 SH   SOLE   17,660 0 0
PEPSICO INC COM 713448108 15,327 140,914 SH   SOLE   140,914 0 0
PFIZER INC COM 717081103 225 6,647 SH   SOLE   6,647 0 0
POWERSHARES ETF TRUST II KBW YIELD REIT 73936Q819 225 6,286 SH   SOLE   6,286 0 0
PROCTER AND GAMBLE CO COM 742718109 1,093 12,174 SH   SOLE   12,174 0 0
QUALCOMM INC COM 747525103 27,743 405,005 SH   SOLE   405,005 0 0
SCHLUMBERGER LTD COM 806857108 286 3,632 SH   SOLE   3,632 0 0
SOUTHERN CO COM 842587107 473 9,220 SH   SOLE   9,220 0 0
STERICYCLE INC COM 858912108 18,124 226,155 SH   SOLE   226,155 0 0
SYSCO CORP COM 871829107 1,177 24,025 SH   SOLE   24,025 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 252 5,475 SH   SOLE   5,475 0 0
TIME WARNER INC COM NEW 887317303 12,249 153,869 SH   SOLE   153,869 0 0
UNION PAC CORP COM 907818108 684 7,013 SH   SOLE   7,013 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,139 10,415 SH   SOLE   10,415 0 0
UNITED TECHNOLOGIES CORP COM 913017109 24,434 240,497 SH   SOLE   240,497 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,017 19,565 SH   SOLE   19,565 0 0
VISA INC COM CL A 92826C839 330 3,990 SH   SOLE   3,990 0 0
WELLS FARGO & CO NEW COM 949746101 27,306 616,666 SH   SOLE   616,666 0 0
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 1,170 894 SH   SOLE   894 0 0