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 212 900 SH   SOLE   900 0 0
ALLERGAN PLC SHS G0177J108 45,716 279,473 SH   SOLE   279,473 0 0
ALPHABET INC CAP STK CL A 02079K305 54,631 51,862 SH   SOLE   51,862 0 0
ALPHABET INC CAP STK CL C 02079K107 2,460 2,351 SH   SOLE   2,351 0 0
AMAZON COM INC COM 023135106 298 255 SH   SOLE   255 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 400 6,706 SH   SOLE   6,706 0 0
AMERISOURCEBERGEN CORP COM 03073E105 1,207 13,146 SH   SOLE   13,146 0 0
APPLE INC COM 037833100 35,155 207,733 SH   SOLE   207,733 0 0
AT&T INC COM 00206R102 1,722 44,284 SH   SOLE   44,284 0 0
BANK AMER CORP COM 060505104 41,534 1,406,989 SH   SOLE   1,406,989 0 0
BANK HAWAII CORP COM 062540109 257 3,000 SH   SOLE   3,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 30,590 567,960 SH   SOLE   567,960 0 0
BAXTER INTL INC COM 071813109 1,582 24,470 SH   SOLE   24,470 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 75,794 382,375 SH   SOLE   382,375 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,789 55,600 SH   SOLE   55,600 0 0
CATERPILLAR INC DEL COM 149123101 2,021 12,825 SH   SOLE   12,825 0 0
CHEVRON CORP NEW COM 166764100 2,070 16,536 SH   SOLE   16,536 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 28,364 98,135 SH   SOLE   98,135 0 0
CHUBB LIMITED COM H1467J104 640 4,380 SH   SOLE   4,380 0 0
CISCO SYS INC COM 17275R102 1,725 45,043 SH   SOLE   45,043 0 0
CITIGROUP INC COM NEW 172967424 31,624 424,999 SH   SOLE   424,999 0 0
COCA COLA CO COM 191216100 378 8,241 SH   SOLE   8,241 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 26,402 371,753 SH   SOLE   371,753 0 0
COLFAX CORP COM 194014106 22,600 570,413 SH   SOLE   570,413 0 0
CONSOLIDATED EDISON INC COM 209115104 1,537 18,096 SH   SOLE   18,096 0 0
DEERE & CO COM 244199105 36,333 232,146 SH   SOLE   232,146 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 628 4,304 SH   SOLE   4,304 0 0
DISNEY WALT CO COM DISNEY 254687106 267 2,480 SH   SOLE   2,480 0 0
DOWDUPONT INC COM 26078J100 1,387 19,481 SH   SOLE   19,481 0 0
EMERSON ELEC CO COM 291011104 1,700 24,397 SH   SOLE   24,397 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 201 7,600 SH   SOLE   7,600 0 0
EOG RES INC COM 26875P101 647 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 386 1,599 SH   SOLE   1,599 0 0
EXELON CORP COM 30161N101 2,114 53,629 SH   SOLE   53,629 0 0
EXPEDIA INC DEL COM NEW 30212P303 28,164 235,149 SH   SOLE   235,149 0 0
EXXON MOBIL CORP COM 30231G102 1,708 20,420 SH   SOLE   20,420 0 0
FEDEX CORP COM 31428X106 494 1,979 SH   SOLE   1,979 0 0
FISERV INC COM 337738108 25,617 195,352 SH   SOLE   195,352 0 0
FLOWSERVE CORP COM 34354P105 59,255 1,406,489 SH   SOLE   1,406,489 0 0
GENERAL ELECTRIC CO COM 369604103 264 15,157 SH   SOLE   15,157 0 0
GENERAL MTRS CO COM 37045V100 38,903 949,087 SH   SOLE   949,087 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 975 27,500 SH   SOLE   27,500 0 0
GRAINGER W W INC COM 384802104 39,157 165,745 SH   SOLE   165,745 0 0
HOME DEPOT INC COM 437076102 251 1,325 SH   SOLE   1,325 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,584 79,791 SH   SOLE   79,791 0 0
INTEL CORP COM 458140100 1,753 37,969 SH   SOLE   37,969 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,374 8,956 SH   SOLE   8,956 0 0
ISHARES TR 1 3 YR CR BD ETF 464288646 59,165 565,959 SH   SOLE   565,959 0 0
ISHARES TR CORE S&P500 ETF 464287200 220 818 SH   SOLE   818 0 0
ISHARES TR CORE US AGGBD ET 464287226 39,089 357,536 SH   SOLE   357,536 0 0
ISHARES TR IBOXX INV CP ETF 464287242 29,116 239,523 SH   SOLE   239,523 0 0
ISHARES TR TIPS BD ETF 464287176 49,937 437,732 SH   SOLE   437,732 0 0
JOHNSON & JOHNSON COM 478160104 1,942 13,896 SH   SOLE   13,896 0 0
KIMBERLY CLARK CORP COM 494368103 1,313 10,880 SH   SOLE   10,880 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 18,958 118,854 SH   SOLE   118,854 0 0
LOWES COS INC COM 548661107 260 2,800 SH   SOLE   2,800 0 0
M & T BK CORP COM 55261F104 1,310 7,660 SH   SOLE   7,660 0 0
MCDONALDS CORP COM 580135101 1,513 8,790 SH   SOLE   8,790 0 0
MCKESSON CORP COM 58155Q103 1,107 7,100 SH   SOLE   7,100 0 0
MEDTRONIC PLC SHS G5960L103 29,858 369,763 SH   SOLE   369,763 0 0
MICROSOFT CORP COM 594918104 38,513 450,234 SH   SOLE   450,234 0 0
MONDELEZ INTL INC CL A 609207105 27,990 653,963 SH   SOLE   653,963 0 0
NOVARTIS A G SPONSORED ADR 66987V109 38,395 457,302 SH   SOLE   457,302 0 0
OWENS ILL INC COM NEW 690768403 36,601 1,650,935 SH   SOLE   1,650,935 0 0
PAYCHEX INC COM 704326107 1,410 20,710 SH   SOLE   20,710 0 0
PEPSICO INC COM 713448108 662 5,521 SH   SOLE   5,521 0 0
PRICELINE GRP INC COM NEW 741503403 18,156 10,448 SH   SOLE   10,448 0 0
PROCTER AND GAMBLE CO COM 742718109 1,893 20,601 SH   SOLE   20,601 0 0
QUALCOMM INC COM 747525103 377 5,890 SH   SOLE   5,890 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 200 3,000 SH   SOLE   3,000 0 0
SCHLUMBERGER LTD COM 806857108 205 3,036 SH   SOLE   3,036 0 0
SOUTHERN CO COM 842587107 358 7,450 SH   SOLE   7,450 0 0
SYSCO CORP COM 871829107 1,913 31,495 SH   SOLE   31,495 0 0
TIME WARNER INC COM NEW 887317303 442 4,835 SH   SOLE   4,835 0 0
UNION PAC CORP COM 907818108 748 5,577 SH   SOLE   5,577 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,418 11,904 SH   SOLE   11,904 0 0
UNITED TECHNOLOGIES CORP COM 913017109 640 5,015 SH   SOLE   5,015 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,425 26,917 SH   SOLE   26,917 0 0
VISA INC COM CL A 92826C839 37,646 330,169 SH   SOLE   330,169 0 0
WELLS FARGO CO NEW COM 949746101 1,803 29,724 SH   SOLE   29,724 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 1,690 1,290 SH   SOLE   1,290 0 0