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
ADOBE SYS INC COM 00724F101 202 750 SH   SOLE   750 0 0
ALLERGAN PLC SHS G0177J108 66,330 348,224 SH   SOLE   348,224 0 0
ALPHABET INC CAP STK CL C 02079K107 690 578 SH   SOLE   578 0 0
ALPHABET INC CAP STK CL A 02079K305 41,204 34,135 SH   SOLE   34,135 0 0
AMAZON COM INC COM 023135106 701 350 SH   SOLE   350 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 204 3,840 SH   SOLE   3,840 0 0
AMERISOURCEBERGEN CORP COM 03073E105 1,367 14,828 SH   SOLE   14,828 0 0
APPLE INC COM 037833100 45,677 202,345 SH   SOLE   202,345 0 0
AT&T INC COM 00206R102 1,761 52,451 SH   SOLE   52,451 0 0
BANK AMER CORP COM 060505104 34,382 1,167,088 SH   SOLE   1,167,088 0 0
BANK HAWAII CORP COM 062540109 237 3,000 SH   SOLE   3,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 29,244 573,531 SH   SOLE   573,531 0 0
BAXTER INTL INC COM 071813109 1,875 24,317 SH   SOLE   24,317 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 79,391 370,794 SH   SOLE   370,794 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 2,196 65,519 SH   SOLE   65,519 0 0
BOEING CO COM 097023105 230 619 SH   SOLE   619 0 0
BOOKING HLDGS INC COM 09857L108 21,118 10,644 SH   SOLE   10,644 0 0
CATERPILLAR INC DEL COM 149123101 1,642 10,767 SH   SOLE   10,767 0 0
CHEVRON CORP NEW COM 166764100 2,076 16,977 SH   SOLE   16,977 0 0
CHUBB LIMITED COM H1467J104 585 4,380 SH   SOLE   4,380 0 0
CISCO SYS INC COM 17275R102 2,040 41,942 SH   SOLE   41,942 0 0
CITIGROUP INC COM NEW 172967424 30,455 424,513 SH   SOLE   424,513 0 0
COCA COLA CO COM 191216100 376 8,141 SH   SOLE   8,141 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 40,889 529,994 SH   SOLE   529,994 0 0
COLFAX CORP COM 194014106 21,238 588,951 SH   SOLE   588,951 0 0
CONSOLIDATED EDISON INC COM 209115104 1,666 21,871 SH   SOLE   21,871 0 0
DEERE & CO COM 244199105 20,387 135,617 SH   SOLE   135,617 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 562 3,965 SH   SOLE   3,965 0 0
DISNEY WALT CO COM DISNEY 254687106 21,408 183,069 SH   SOLE   183,069 0 0
DOWDUPONT INC COM 26078J100 1,459 22,684 SH   SOLE   22,684 0 0
EMERSON ELEC CO COM 291011104 1,929 25,186 SH   SOLE   25,186 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 247 8,600 SH   SOLE   8,600 0 0
EOG RES INC COM 26875P101 765 6,000 SH   SOLE   6,000 0 0
ESSEX PPTY TR INC COM 297178105 394 1,599 SH   SOLE   1,599 0 0
EXELON CORP COM 30161N101 2,410 55,195 SH   SOLE   55,195 0 0
EXPEDIA GROUP INC COM NEW 30212P303 35,705 273,644 SH   SOLE   273,644 0 0
EXXON MOBIL CORP COM 30231G102 1,903 22,377 SH   SOLE   22,377 0 0
FACEBOOK INC CL A 30303M102 40,827 248,248 SH   SOLE   248,248 0 0
FEDEX CORP COM 31428X106 260 1,080 SH   SOLE   1,080 0 0
FISERV INC COM 337738108 31,454 381,811 SH   SOLE   381,811 0 0
FLOWSERVE CORP COM 34354P105 77,107 1,409,886 SH   SOLE   1,409,886 0 0
GENERAL ELECTRIC CO COM 369604103 31,844 2,820,586 SH   SOLE   2,820,586 0 0
GENERAL MTRS CO COM 37045V100 217 6,450 SH   SOLE   6,450 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,410 35,095 SH   SOLE   35,095 0 0
GRAINGER W W INC COM 384802104 20,971 58,676 SH   SOLE   58,676 0 0
HOME DEPOT INC COM 437076102 274 1,325 SH   SOLE   1,325 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,945 92,157 SH   SOLE   92,157 0 0
INTEL CORP COM 458140100 1,724 36,466 SH   SOLE   36,466 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,647 10,894 SH   SOLE   10,894 0 0
ISHARES TR TIPS BD ETF 464287176 51,111 462,042 SH   SOLE   462,042 0 0
ISHARES TR CORE S&P500 ETF 464287200 239 818 SH   SOLE   818 0 0
ISHARES TR CORE US AGGBD ET 464287226 38,961 369,233 SH   SOLE   369,233 0 0
ISHARES TR IBOXX INV CP ETF 464287242 29,544 257,063 SH   SOLE   257,063 0 0
ISHARES TR SH TR CRPORT ETF 464288646 63,336 1,221,986 SH   SOLE   1,221,986 0 0
JOHNSON & JOHNSON COM 478160104 2,144 15,518 SH   SOLE   15,518 0 0
KIMBERLY CLARK CORP COM 494368103 1,498 13,183 SH   SOLE   13,183 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 31,521 181,490 SH   SOLE   181,490 0 0
LOWES COS INC COM 548661107 287 2,500 SH   SOLE   2,500 0 0
M & T BK CORP COM 55261F104 1,437 8,731 SH   SOLE   8,731 0 0
MCDONALDS CORP COM 580135101 1,634 9,767 SH   SOLE   9,767 0 0
MCKESSON CORP COM 58155Q103 1,183 8,921 SH   SOLE   8,921 0 0
MEDTRONIC PLC SHS G5960L103 35,980 365,758 SH   SOLE   365,758 0 0
MICROSOFT CORP COM 594918104 48,457 423,684 SH   SOLE   423,684 0 0
NOVARTIS A G SPONSORED ADR 66987V109 39,734 461,171 SH   SOLE   461,171 0 0
OWENS ILL INC COM NEW 690768403 41,230 2,194,274 SH   SOLE   2,194,274 0 0
PAYCHEX INC COM 704326107 1,761 23,915 SH   SOLE   23,915 0 0
PEPSICO INC COM 713448108 490 4,386 SH   SOLE   4,386 0 0
PROCTER AND GAMBLE CO COM 742718109 1,768 21,240 SH   SOLE   21,240 0 0
QUALCOMM INC COM 747525103 424 5,890 SH   SOLE   5,890 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 204 3,000 SH   SOLE   3,000 0 0
SOUTHERN CO COM 842587107 325 7,450 SH   SOLE   7,450 0 0
SYSCO CORP COM 871829107 2,537 34,629 SH   SOLE   34,629 0 0
UNION PAC CORP COM 907818108 909 5,581 SH   SOLE   5,581 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,488 12,743 SH   SOLE   12,743 0 0
UNITED TECHNOLOGIES CORP COM 913017109 734 5,250 SH   SOLE   5,250 0 0
US BANCORP DEL COM NEW 902973304 2,850 53,970 SH   SOLE   53,970 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,727 32,354 SH   SOLE   32,354 0 0
VISA INC COM CL A 92826C839 41,746 278,137 SH   SOLE   278,137 0 0
WELLS FARGO CO NEW COM 949746101 1,597 30,388 SH   SOLE   30,388 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 2,069 1,603 SH   SOLE   1,603 0 0