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 46,176 225,304 SH   SOLE   225,304 0 0
ALPHABET INC CAP STK CL A 02079K305 51,038 52,415 SH   SOLE   52,415 0 0
ALPHABET INC CAP STK CL C 02079K107 2,360 2,461 SH   SOLE   2,461 0 0
AMAZON COM INC COM 023135106 245 255 SH   SOLE   255 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 411 6,693 SH   SOLE   6,693 0 0
AMERISOURCEBERGEN CORP COM 03073E105 979 11,835 SH   SOLE   11,835 0 0
APPLE INC COM 037833100 36,894 239,384 SH   SOLE   239,384 0 0
AT&T INC COM 00206R102 1,581 40,359 SH   SOLE   40,359 0 0
BANK AMER CORP COM 060505104 35,887 1,416,238 SH   SOLE   1,416,238 0 0
BANK HAWAII CORP COM 062540109 250 3,000 SH   SOLE   3,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 30,015 566,105 SH   SOLE   566,105 0 0
BAXTER INTL INC COM 071813109 1,445 23,020 SH   SOLE   23,020 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 75,207 410,250 SH   SOLE   410,250 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,553 50,055 SH   SOLE   50,055 0 0
CATERPILLAR INC DEL COM 149123101 1,552 12,445 SH   SOLE   12,445 0 0
CHEVRON CORP NEW COM 166764100 1,833 15,598 SH   SOLE   15,598 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 25,775 83,730 SH   SOLE   83,730 0 0
CHUBB LIMITED COM H1467J104 624 4,380 SH   SOLE   4,380 0 0
CISCO SYS INC COM 17275R102 1,418 42,150 SH   SOLE   42,150 0 0
CITIGROUP INC COM NEW 172967424 51,709 710,874 SH   SOLE   710,874 0 0
COCA COLA CO COM 191216100 383 8,515 SH   SOLE   8,515 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 27,167 374,510 SH   SOLE   374,510 0 0
COLFAX CORP COM 194014106 24,223 581,724 SH   SOLE   581,724 0 0
CONSOLIDATED EDISON INC COM 209115104 1,324 16,410 SH   SOLE   16,410 0 0
DEERE & CO COM 244199105 35,409 281,941 SH   SOLE   281,941 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 568 4,299 SH   SOLE   4,299 0 0
DISNEY WALT CO COM DISNEY 254687106 256 2,599 SH   SOLE   2,599 0 0
DOWDUPONT INC COM 26078J100 1,240 17,905 SH   SOLE   17,905 0 0
EATON CORP PLC SHS G29183103 1,236 16,090 SH   SOLE   16,090 0 0
EMERSON ELEC CO COM 291011104 1,408 22,400 SH   SOLE   22,400 0 0
EOG RES INC COM 26875P101 580 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 406 1,599 SH   SOLE   1,599 0 0
EXELON CORP COM 30161N101 1,863 49,455 SH   SOLE   49,455 0 0
EXPEDIA INC DEL COM NEW 30212P303 20,570 142,908 SH   SOLE   142,908 0 0
EXXON MOBIL CORP COM 30231G102 1,750 21,347 SH   SOLE   21,347 0 0
FEDEX CORP COM 31428X106 446 1,977 SH   SOLE   1,977 0 0
FISERV INC COM 337738108 28,599 221,767 SH   SOLE   221,767 0 0
FLOWSERVE CORP COM 34354P105 52,161 1,224,722 SH   SOLE   1,224,722 0 0
GENERAL ELECTRIC CO COM 369604103 763 31,564 SH   SOLE   31,564 0 0
GENERAL MTRS CO COM 37045V100 39,540 979,192 SH   SOLE   979,192 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 977 24,060 SH   SOLE   24,060 0 0
GRAINGER W W INC COM 384802104 30,731 170,965 SH   SOLE   170,965 0 0
HOME DEPOT INC COM 437076102 292 1,785 SH   SOLE   1,785 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,335 72,181 SH   SOLE   72,181 0 0
INTEL CORP COM 458140100 1,390 36,511 SH   SOLE   36,511 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,175 8,100 SH   SOLE   8,100 0 0
ISHARES TR 1 3 YR CR BD ETF 464288646 58,685 557,046 SH   SOLE   557,046 0 0
ISHARES TR CORE S&P500 ETF 464287200 207 818 SH   SOLE   818 0 0
ISHARES TR CORE US AGGBD ET 464287226 38,514 351,440 SH   SOLE   351,440 0 0
ISHARES TR IBOXX INV CP ETF 464287242 28,488 234,991 SH   SOLE   234,991 0 0
ISHARES TR TIPS BD ETF 464287176 48,514 427,136 SH   SOLE   427,136 0 0
JOHNSON & JOHNSON COM 478160104 1,731 13,314 SH   SOLE   13,314 0 0
JPMORGAN CHASE & CO COM 46625H100 334 3,496 SH   SOLE   3,496 0 0
KIMBERLY CLARK CORP COM 494368103 1,160 9,860 SH   SOLE   9,860 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 17,577 116,430 SH   SOLE   116,430 0 0
LOWES COS INC COM 548661107 224 2,800 SH   SOLE   2,800 0 0
M & T BK CORP COM 55261F104 1,135 7,050 SH   SOLE   7,050 0 0
MCDONALDS CORP COM 580135101 1,272 8,120 SH   SOLE   8,120 0 0
MCKESSON CORP COM 58155Q103 968 6,300 SH   SOLE   6,300 0 0
MEDTRONIC PLC SHS G5960L103 28,479 366,196 SH   SOLE   366,196 0 0
MICROSOFT CORP COM 594918104 40,130 538,730 SH   SOLE   538,730 0 0
MONDELEZ INTL INC CL A 609207105 26,352 648,110 SH   SOLE   648,110 0 0
NOVARTIS A G SPONSORED ADR 66987V109 38,893 453,034 SH   SOLE   453,034 0 0
OWENS ILL INC COM NEW 690768403 34,448 1,369,153 SH   SOLE   1,369,153 0 0
PAYCHEX INC COM 704326107 1,125 18,760 SH   SOLE   18,760 0 0
PEPSICO INC COM 713448108 615 5,519 SH   SOLE   5,519 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 235 1,613 SH   SOLE   1,613 0 0
PRICELINE GRP INC COM NEW 741503403 18,995 10,375 SH   SOLE   10,375 0 0
PROCTER AND GAMBLE CO COM 742718109 1,770 19,460 SH   SOLE   19,460 0 0
QUALCOMM INC COM 747525103 305 5,890 SH   SOLE   5,890 0 0
SCHLUMBERGER LTD COM 806857108 212 3,035 SH   SOLE   3,035 0 0
SOUTHERN CO COM 842587107 366 7,450 SH   SOLE   7,450 0 0
SYSCO CORP COM 871829107 1,592 29,510 SH   SOLE   29,510 0 0
TIME WARNER INC COM NEW 887317303 504 4,924 SH   SOLE   4,924 0 0
UNION PAC CORP COM 907818108 646 5,572 SH   SOLE   5,572 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,303 10,848 SH   SOLE   10,848 0 0
UNITED TECHNOLOGIES CORP COM 913017109 602 5,190 SH   SOLE   5,190 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,223 24,709 SH   SOLE   24,709 0 0
VERSARTIS INC COM 92529L102 98 40,000 SH   SOLE   40,000 0 0
VISA INC COM CL A 92826C839 35,771 339,897 SH   SOLE   339,897 0 0
WELLS FARGO CO NEW COM 949746101 1,520 27,562 SH   SOLE   27,562 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 1,557 1,184 SH   SOLE   1,184 0 0