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
ALLERGAN PLC SHS G0177J108 51,178 214,207 SH   SOLE   214,207 0 0
ALPHABET INC CAP STK CL A 02079K305 44,161 52,089 SH   SOLE   52,089 0 0
ALPHABET INC CAP STK CL C 02079K107 2,200 2,652 SH   SOLE   2,652 0 0
AMAZON COM INC COM 023135106 224 253 SH   SOLE   253 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 17,373 278,279 SH   SOLE   278,279 0 0
AMERISOURCEBERGEN CORP COM 03073E105 825 9,325 SH   SOLE   9,325 0 0
APPLE INC COM 037833100 58,678 408,451 SH   SOLE   408,451 0 0
AT&T INC COM 00206R102 1,415 34,059 SH   SOLE   34,059 0 0
BANK AMER CORP COM 060505104 18,793 796,643 SH   SOLE   796,643 0 0
BANK HAWAII CORP COM 062540109 247 3,000 SH   SOLE   3,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 26,025 551,032 SH   SOLE   551,032 0 0
BARD C R INC COM 067383109 21,724 87,406 SH   SOLE   87,406 0 0
BAXTER INTL INC COM 071813109 1,035 19,965 SH   SOLE   19,965 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 66,957 401,712 SH   SOLE   401,712 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,251 40,405 SH   SOLE   40,405 0 0
CATERPILLAR INC DEL COM 149123101 1,007 10,855 SH   SOLE   10,855 0 0
CHEVRON CORP NEW COM 166764100 1,406 13,097 SH   SOLE   13,097 0 0
CHUBB LIMITED COM H1467J104 574 4,213 SH   SOLE   4,213 0 0
CISCO SYS INC COM 17275R102 1,006 29,765 SH   SOLE   29,765 0 0
CITIGROUP INC COM NEW 172967424 32,046 535,701 SH   SOLE   535,701 0 0
COCA COLA CO COM 191216100 363 8,551 SH   SOLE   8,551 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 21,651 363,767 SH   SOLE   363,767 0 0
COLFAX CORP COM 194014106 23,435 596,921 SH   SOLE   596,921 0 0
CONSOLIDATED EDISON INC COM 209115104 1,051 13,530 SH   SOLE   13,530 0 0
DEERE & CO COM 244199105 31,199 286,595 SH   SOLE   286,595 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 529 4,581 SH   SOLE   4,581 0 0
DISNEY WALT CO COM DISNEY 254687106 295 2,599 SH   SOLE   2,599 0 0
DOW CHEM CO COM 260543103 947 14,910 SH   SOLE   14,910 0 0
EMERSON ELEC CO COM 291011104 1,129 18,855 SH   SOLE   18,855 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 210 7,600 SH   SOLE   7,600 0 0
EOG RES INC COM 26875P101 585 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 370 1,599 SH   SOLE   1,599 0 0
EXELON CORP UNIT 99/99/9999 30161N127 1,378 27,920 SH   SOLE   27,920 0 0
EXXON MOBIL CORP COM 30231G102 1,528 18,637 SH   SOLE   18,637 0 0
FEDEX CORP COM 31428X106 385 1,973 SH   SOLE   1,973 0 0
FISERV INC COM 337738108 25,458 220,780 SH   SOLE   220,780 0 0
FLOWSERVE CORP COM 34354P105 55,807 1,152,563 SH   SOLE   1,152,563 0 0
GENERAL ELECTRIC CO COM 369604103 963 32,319 SH   SOLE   32,319 0 0
GENERAL MTRS CO COM 37045V100 33,587 949,850 SH   SOLE   949,850 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 775 18,385 SH   SOLE   18,385 0 0
GRAINGER W W INC COM 384802104 25,879 111,183 SH   SOLE   111,183 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,078 57,766 SH   SOLE   57,766 0 0
INTEL CORP COM 458140100 1,103 30,592 SH   SOLE   30,592 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,141 6,550 SH   SOLE   6,550 0 0
ISHARES TR 1-3 YR CR BD ETF 464288646 56,129 533,393 SH   SOLE   533,393 0 0
ISHARES TR CORE US AGGBD ET 464287226 36,828 339,456 SH   SOLE   339,456 0 0
ISHARES TR IBOXX INV CP ETF 464287242 26,537 225,059 SH   SOLE   225,059 0 0
ISHARES TR TIPS BD ETF 464287176 46,930 409,330 SH   SOLE   409,330 0 0
JOHNSON & JOHNSON COM 478160104 1,466 11,769 SH   SOLE   11,769 0 0
KIMBERLY CLARK CORP COM 494368103 1,066 8,100 SH   SOLE   8,100 0 0
LOWES COS INC COM 548661107 206 2,500 SH   SOLE   2,500 0 0
M & T BK CORP COM 55261F104 916 5,920 SH   SOLE   5,920 0 0
MATTEL INC COM 577081102 808 31,555 SH   SOLE   31,555 0 0
MCDONALDS CORP COM 580135101 903 6,965 SH   SOLE   6,965 0 0
MCKESSON CORP COM 58155Q103 715 4,825 SH   SOLE   4,825 0 0
MEDTRONIC PLC SHS G5960L103 28,724 356,560 SH   SOLE   356,560 0 0
MICROSOFT CORP COM 594918104 34,682 526,598 SH   SOLE   526,598 0 0
MONDELEZ INTL INC CL A 609207105 38,515 894,031 SH   SOLE   894,031 0 0
NOVARTIS A G SPONSORED ADR 66987V109 32,656 439,693 SH   SOLE   439,693 0 0
OWENS ILL INC COM NEW 690768403 27,889 1,368,453 SH   SOLE   1,368,453 0 0
PAYCHEX INC COM 704326107 875 14,855 SH   SOLE   14,855 0 0
PEPSICO INC COM 713448108 15,842 141,626 SH   SOLE   141,626 0 0
PROCTER AND GAMBLE CO COM 742718109 680 7,564 SH   SOLE   7,564 0 0
QUALCOMM INC COM 747525103 370 6,455 SH   SOLE   6,455 0 0
SCHLUMBERGER LTD COM 806857108 237 3,033 SH   SOLE   3,033 0 0
SOUTHERN CO COM 842587107 371 7,450 SH   SOLE   7,450 0 0
STERICYCLE INC COM 858912108 20,662 249,270 SH   SOLE   249,270 0 0
SYSCO CORP COM 871829107 1,311 25,255 SH   SOLE   25,255 0 0
TIME WARNER INC COM NEW 887317303 15,205 155,612 SH   SOLE   155,612 0 0
UNION PAC CORP COM 907818108 590 5,568 SH   SOLE   5,568 0 0
UNITED PARCEL SERVICE INC CL B 911312106 955 8,896 SH   SOLE   8,896 0 0
UNITED TECHNOLOGIES CORP COM 913017109 602 5,365 SH   SOLE   5,365 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 972 19,929 SH   SOLE   19,929 0 0
VISA INC COM CL A 92826C839 29,695 334,139 SH   SOLE   334,139 0 0
WELLS FARGO & CO NEW COM 949746101 34,459 619,094 SH   SOLE   619,094 0 0
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 1,177 950 SH   SOLE   950 0 0