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 51,955 308,723 SH   SOLE   308,723 0 0
ALPHABET INC CAP STK CL A 02079K305 52,431 50,553 SH   SOLE   50,553 0 0
ALPHABET INC CAP STK CL C 02079K107 2,057 1,994 SH   SOLE   1,994 0 0
AMAZON COM INC COM 023135106 391 270 SH   SOLE   270 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 365 6,706 SH   SOLE   6,706 0 0
AMERISOURCEBERGEN CORP COM 03073E105 1,158 13,431 SH   SOLE   13,431 0 0
APPLE INC COM 037833100 35,007 208,649 SH   SOLE   208,649 0 0
AT&T INC COM 00206R102 1,606 45,044 SH   SOLE   45,044 0 0
BANK AMER CORP COM 060505104 40,850 1,362,136 SH   SOLE   1,362,136 0 0
BANK HAWAII CORP COM 062540109 249 3,000 SH   SOLE   3,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 29,175 566,180 SH   SOLE   566,180 0 0
BAXTER INTL INC COM 071813109 1,470 22,596 SH   SOLE   22,596 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 75,525 378,611 SH   SOLE   378,611 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,887 60,051 SH   SOLE   60,051 0 0
BOOKING HLDGS INC COM 09857L108 22,229 10,685 SH   SOLE   10,685 0 0
CATERPILLAR INC DEL COM 149123101 1,479 10,035 SH   SOLE   10,035 0 0
CHEVRON CORP NEW COM 166764100 1,866 16,365 SH   SOLE   16,365 0 0
CHUBB LIMITED COM H1467J104 599 4,380 SH   SOLE   4,380 0 0
CISCO SYS INC COM 17275R102 1,994 46,486 SH   SOLE   46,486 0 0
CITIGROUP INC COM NEW 172967424 28,376 420,379 SH   SOLE   420,379 0 0
COCA COLA CO COM 191216100 358 8,241 SH   SOLE   8,241 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 29,560 367,200 SH   SOLE   367,200 0 0
COLFAX CORP COM 194014106 18,366 575,723 SH   SOLE   575,723 0 0
CONSOLIDATED EDISON INC COM 209115104 1,534 19,683 SH   SOLE   19,683 0 0
DEERE & CO COM 244199105 20,628 132,808 SH   SOLE   132,808 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 583 4,304 SH   SOLE   4,304 0 0
DISNEY WALT CO COM DISNEY 254687106 249 2,480 SH   SOLE   2,480 0 0
DOWDUPONT INC COM 26078J100 1,316 20,662 SH   SOLE   20,662 0 0
EMERSON ELEC CO COM 291011104 1,617 23,678 SH   SOLE   23,678 0 0
EOG RES INC COM 26875P101 632 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 385 1,599 SH   SOLE   1,599 0 0
EXELON CORP COM 30161N101 1,991 51,039 SH   SOLE   51,039 0 0
EXPEDIA GROUP INC COM NEW 30212P303 30,467 275,943 SH   SOLE   275,943 0 0
EXXON MOBIL CORP COM 30231G102 1,550 20,772 SH   SOLE   20,772 0 0
FACEBOOK INC CL A 30303M102 25,722 160,975 SH   SOLE   160,975 0 0
FEDEX CORP COM 31428X106 491 2,045 SH   SOLE   2,045 0 0
FISERV INC COM 337738108 27,925 391,604 SH   SOLE   391,604 0 0
FLOWSERVE CORP COM 34354P105 62,601 1,444,759 SH   SOLE   1,444,759 0 0
GENERAL ELECTRIC CO COM 369604103 29,897 2,217,890 SH   SOLE   2,217,890 0 0
GENERAL MTRS CO COM 37045V100 34,533 950,270 SH   SOLE   950,270 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,223 31,310 SH   SOLE   31,310 0 0
GRAINGER W W INC COM 384802104 32,661 115,710 SH   SOLE   115,710 0 0
HOME DEPOT INC COM 437076102 247 1,384 SH   SOLE   1,384 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,600 85,841 SH   SOLE   85,841 0 0
INTEL CORP COM 458140100 1,866 35,822 SH   SOLE   35,822 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,484 9,672 SH   SOLE   9,672 0 0
ISHARES TR 1 3 YR CR BD ETF 464288646 60,514 582,986 SH   SOLE   582,986 0 0
ISHARES TR CORE S&P500 ETF 464287200 239 901 SH   SOLE   901 0 0
ISHARES TR CORE US AGGBD ET 464287226 39,104 364,602 SH   SOLE   364,602 0 0
ISHARES TR IBOXX INV CP ETF 464287242 28,731 244,750 SH   SOLE   244,750 0 0
ISHARES TR TIPS BD ETF 464287176 50,627 447,826 SH   SOLE   447,826 0 0
JOHNSON & JOHNSON COM 478160104 1,772 13,830 SH   SOLE   13,830 0 0
KIMBERLY CLARK CORP COM 494368103 1,299 11,791 SH   SOLE   11,791 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 19,415 120,029 SH   SOLE   120,029 0 0
LOWES COS INC COM 548661107 219 2,500 SH   SOLE   2,500 0 0
M & T BK CORP COM 55261F104 1,467 7,956 SH   SOLE   7,956 0 0
MCDONALDS CORP COM 580135101 1,393 8,906 SH   SOLE   8,906 0 0
MCKESSON CORP COM 58155Q103 1,079 7,660 SH   SOLE   7,660 0 0
MEDTRONIC PLC SHS G5960L103 29,644 369,539 SH   SOLE   369,539 0 0
MICROSOFT CORP COM 594918104 40,870 447,787 SH   SOLE   447,787 0 0
NOVARTIS A G SPONSORED ADR 66987V109 36,914 456,575 SH   SOLE   456,575 0 0
OWENS ILL INC COM NEW 690768403 36,704 1,694,575 SH   SOLE   1,694,575 0 0
PAYCHEX INC COM 704326107 1,360 22,077 SH   SOLE   22,077 0 0
PEPSICO INC COM 713448108 603 5,528 SH   SOLE   5,528 0 0
PROCTER AND GAMBLE CO COM 742718109 1,724 21,748 SH   SOLE   21,748 0 0
QUALCOMM INC COM 747525103 326 5,890 SH   SOLE   5,890 0 0
SOUTHERN CO COM 842587107 333 7,450 SH   SOLE   7,450 0 0
SYSCO CORP COM 871829107 1,965 32,766 SH   SOLE   32,766 0 0
TIME WARNER INC COM NEW 887317303 458 4,839 SH   SOLE   4,839 0 0
UNION PAC CORP COM 907818108 750 5,577 SH   SOLE   5,577 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,291 12,337 SH   SOLE   12,337 0 0
UNITED TECHNOLOGIES CORP COM 913017109 679 5,400 SH   SOLE   5,400 0 0
US BANCORP DEL COM NEW 902973304 1,234 24,440 SH   SOLE   24,440 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,380 28,863 SH   SOLE   28,863 0 0
VISA INC COM CL A 92826C839 36,770 307,387 SH   SOLE   307,387 0 0
WELLS FARGO CO NEW COM 949746101 1,540 29,393 SH   SOLE   29,393 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 1,819 1,410 SH   SOLE   1,410 0 0