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 57,637 345,710 SH   SOLE   345,710 0 0
ALPHABET INC CAP STK CL A 02079K305 55,928 49,529 SH   SOLE   49,529 0 0
ALPHABET INC CAP STK CL C 02079K107 2,026 1,816 SH   SOLE   1,816 0 0
AMAZON COM INC COM 023135106 493 290 SH   SOLE   290 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 235 4,440 SH   SOLE   4,440 0 0
AMERISOURCEBERGEN CORP COM 03073E105 1,231 14,442 SH   SOLE   14,442 0 0
APPLE INC COM 037833100 38,102 205,834 SH   SOLE   205,834 0 0
AT&T INC COM 00206R102 1,629 50,740 SH   SOLE   50,740 0 0
BANK AMER CORP COM 060505104 32,540 1,154,306 SH   SOLE   1,154,306 0 0
BANK HAWAII CORP COM 062540109 250 3,000 SH   SOLE   3,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 30,594 567,284 SH   SOLE   567,284 0 0
BAXTER INTL INC COM 071813109 1,766 23,911 SH   SOLE   23,911 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 69,868 374,326 SH   SOLE   374,326 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 2,036 64,778 SH   SOLE   64,778 0 0
BOOKING HLDGS INC COM 09857L108 21,441 10,577 SH   SOLE   10,577 0 0
CATERPILLAR INC DEL COM 149123101 1,419 10,456 SH   SOLE   10,456 0 0
CHEVRON CORP NEW COM 166764100 2,105 16,653 SH   SOLE   16,653 0 0
CHUBB LIMITED COM H1467J104 556 4,380 SH   SOLE   4,380 0 0
CISCO SYS INC COM 17275R102 1,781 41,389 SH   SOLE   41,389 0 0
CITIGROUP INC COM NEW 172967424 28,208 421,515 SH   SOLE   421,515 0 0
COCA COLA CO COM 191216100 361 8,241 SH   SOLE   8,241 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 36,190 458,163 SH   SOLE   458,163 0 0
COLFAX CORP COM 194014106 17,687 577,054 SH   SOLE   577,054 0 0
CONSOLIDATED EDISON INC COM 209115104 1,661 21,300 SH   SOLE   21,300 0 0
DEERE & CO COM 244199105 18,718 133,893 SH   SOLE   133,893 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 571 3,965 SH   SOLE   3,965 0 0
DISNEY WALT CO COM DISNEY 254687106 260 2,480 SH   SOLE   2,480 0 0
DOWDUPONT INC COM 26078J100 1,464 22,213 SH   SOLE   22,213 0 0
EMERSON ELEC CO COM 291011104 1,729 25,009 SH   SOLE   25,009 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 210 7,600 SH   SOLE   7,600 0 0
EOG RES INC COM 26875P101 747 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 382 1,599 SH   SOLE   1,599 0 0
EXELON CORP COM 30161N101 2,325 54,576 SH   SOLE   54,576 0 0
EXPEDIA GROUP INC COM NEW 30212P303 32,834 273,186 SH   SOLE   273,186 0 0
EXXON MOBIL CORP COM 30231G102 1,778 21,491 SH   SOLE   21,491 0 0
FACEBOOK INC CL A 30303M102 31,524 162,225 SH   SOLE   162,225 0 0
FEDEX CORP COM 31428X106 245 1,080 SH   SOLE   1,080 0 0
FISERV INC COM 337738108 28,611 386,163 SH   SOLE   386,163 0 0
FLOWSERVE CORP COM 34354P105 58,152 1,439,404 SH   SOLE   1,439,404 0 0
GENERAL ELECTRIC CO COM 369604103 30,648 2,251,890 SH   SOLE   2,251,890 0 0
GENERAL MTRS CO COM 37045V100 325 8,245 SH   SOLE   8,245 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,372 34,041 SH   SOLE   34,041 0 0
GRAINGER W W INC COM 384802104 35,062 113,691 SH   SOLE   113,691 0 0
HOME DEPOT INC COM 437076102 259 1,325 SH   SOLE   1,325 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,932 91,714 SH   SOLE   91,714 0 0
INTEL CORP COM 458140100 1,753 35,274 SH   SOLE   35,274 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,476 10,563 SH   SOLE   10,563 0 0
ISHARES TR 1 3 YR CR BD ETF 464288646 60,747 585,800 SH   SOLE   585,800 0 0
ISHARES TR CORE S&P500 ETF 464287200 223 818 SH   SOLE   818 0 0
ISHARES TR CORE US AGGBD ET 464287226 38,355 360,746 SH   SOLE   360,746 0 0
ISHARES TR IBOXX INV CP ETF 464287242 28,040 244,745 SH   SOLE   244,745 0 0
ISHARES TR TIPS BD ETF 464287176 50,997 451,822 SH   SOLE   451,822 0 0
JOHNSON & JOHNSON COM 478160104 1,734 14,287 SH   SOLE   14,287 0 0
KIMBERLY CLARK CORP COM 494368103 1,352 12,837 SH   SOLE   12,837 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 31,960 178,023 SH   SOLE   178,023 0 0
LOWES COS INC COM 548661107 239 2,500 SH   SOLE   2,500 0 0
M & T BK CORP COM 55261F104 1,447 8,506 SH   SOLE   8,506 0 0
MCDONALDS CORP COM 580135101 1,494 9,536 SH   SOLE   9,536 0 0
MCKESSON CORP COM 58155Q103 1,122 8,410 SH   SOLE   8,410 0 0
MEDTRONIC PLC SHS G5960L103 31,452 367,390 SH   SOLE   367,390 0 0
MICROSOFT CORP COM 594918104 42,943 435,486 SH   SOLE   435,486 0 0
NOVARTIS A G SPONSORED ADR 66987V109 34,755 460,094 SH   SOLE   460,094 0 0
OWENS ILL INC COM NEW 690768403 36,115 2,148,425 SH   SOLE   2,148,425 0 0
PAYCHEX INC COM 704326107 1,618 23,678 SH   SOLE   23,678 0 0
PEPSICO INC COM 713448108 478 4,386 SH   SOLE   4,386 0 0
PROCTER AND GAMBLE CO COM 742718109 1,629 20,864 SH   SOLE   20,864 0 0
QUALCOMM INC COM 747525103 331 5,890 SH   SOLE   5,890 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 208 3,000 SH   SOLE   3,000 0 0
SOUTHERN CO COM 842587107 345 7,450 SH   SOLE   7,450 0 0
SYSCO CORP COM 871829107 2,341 34,278 SH   SOLE   34,278 0 0
UNION PAC CORP COM 907818108 790 5,579 SH   SOLE   5,579 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,327 12,488 SH   SOLE   12,488 0 0
UNITED TECHNOLOGIES CORP COM 913017109 656 5,250 SH   SOLE   5,250 0 0
US BANCORP DEL COM NEW 902973304 2,666 53,308 SH   SOLE   53,308 0 0
VENTAS INC COM 92276F100 206 3,618 SH   SOLE   3,618 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,564 31,081 SH   SOLE   31,081 0 0
VISA INC COM CL A 92826C839 38,612 291,519 SH   SOLE   291,519 0 0
WELLS FARGO CO NEW COM 949746101 1,639 29,571 SH   SOLE   29,571 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 1,931 1,534 SH   SOLE   1,534 0 0