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 FIGI (to the nearest dollar) 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