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 2,051 9,875 SH   SOLE 9,875 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 264 1,500 SH   SOLE 1,500 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 3,814 84,925 SH   SOLE 84,925 0 0
ALPHABET INC CAP STK CL C 02079K107 2,276 1,940 SH   SOLE 1,940 0 0
ALPHABET INC CAP STK CL A 02079K305 435 370 SH   SOLE 370 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 207 4,815 SH   SOLE 4,815 0 0
AMERISOURCEBERGEN CORP COM 03073E105 473 5,960 SH   SOLE 5,960 0 0
AMGEN INC COM 031162100 242 1,278 SH   SOLE 1,278 0 0
APACHE CORP COM 037411105 1,353 39,045 SH   SOLE 39,045 0 0
APPLE INC COM 037833100 5,472 28,809 SH   SOLE 28,809 0 0
APPLIED MATLS INC COM 038222105 509 12,850 SH   SOLE 12,850 0 0
AUTOLIV INC COM 052800109 3,032 41,245 SH   SOLE 41,245 0 0
BANK AMER CORP COM 060505104 1,908 69,162 SH   SOLE 69,162 0 0
BANK NEW YORK MELLON CORP COM 064058100 5,464 108,356 SH   SOLE 108,356 0 0
BAXTER INTL INC COM 071813109 2,780 34,201 SH   SOLE 34,201 0 0
BEMIS INC COM 081437105 343 6,200 SH   SOLE 6,200 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 602 2 SH   SOLE 2 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,593 27,846 SH   SOLE 27,846 0 0
BIO TECHNE CORP COM 09073M104 3,554 17,900 SH   SOLE 17,900 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 631 13,233 SH   SOLE 13,233 0 0
CENTURYLINK INC COM 156700106 221 18,514 SH   SOLE 18,514 0 0
CHESAPEAKE ENERGY CORP COM 165167107 251 81,200 SH   SOLE 81,200 0 0
CHEVRON CORP NEW COM 166764100 776 6,300 SH   SOLE 6,300 0 0
CISCO SYS INC COM 17275R102 969 17,958 SH   SOLE 17,958 0 0
CITIGROUP INC COM NEW 172967424 3,416 54,910 SH   SOLE 54,910 0 0
COCA COLA CO COM 191216100 1,054 22,499 SH   SOLE 22,499 0 0
COLGATE PALMOLIVE CO COM 194162103 1,942 28,345 SH   SOLE 28,345 0 0
COMCAST CORP NEW CL A 20030N101 2,328 58,240 SH   SOLE 58,240 0 0
COSTCO WHSL CORP NEW COM 22160K105 467 1,930 SH   SOLE 1,930 0 0
CUMMINS INC COM 231021106 4,211 26,680 SH   SOLE 26,680 0 0
DEVON ENERGY CORP NEW COM 25179M103 765 24,270 SH   SOLE 24,270 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 695 4,249 SH   SOLE 4,249 0 0
DISCOVERY INC COM SER A 25470F104 2,089 77,342 SH   SOLE 77,342 0 0
DISCOVERY INC COM SER C 25470F302 819 32,238 SH   SOLE 32,238 0 0
DISNEY WALT CO COM DISNEY 254687106 2,556 23,025 SH   SOLE 23,025 0 0
EMERSON ELEC CO COM 291011104 1,560 22,790 SH   SOLE 22,790 0 0
ENBRIDGE INC COM 29250N105 466 12,859 SH   SOLE 12,859 0 0
ENCANA CORP COM 292505104 137 18,995 SH   SOLE 18,995 0 0
EXXON MOBIL CORP COM 30231G102 2,433 30,113 SH   SOLE 30,113 0 0
FEDERATED INVS INC PA CL B 314211103 5,040 171,976 SH   SOLE 171,976 0 0
FLOWSERVE CORP COM 34354P105 2,980 66,035 SH   SOLE 66,035 0 0
FRANKLIN RES INC COM 354613101 1,195 36,070 SH   SOLE 36,070 0 0
GENERAL DYNAMICS CORP COM 369550108 286 1,695 SH   SOLE 1,695 0 0
GENERAL ELECTRIC CO COM 369604103 223 22,365 SH   SOLE 22,365 0 0
GENERAL MLS INC COM 370334104 2,323 44,902 SH   SOLE 44,902 0 0
HOME DEPOT INC COM 437076102 897 4,678 SH   SOLE 4,678 0 0
ILLINOIS TOOL WKS INC COM 452308109 2,343 16,330 SH   SOLE 16,330 0 0
INGERSOLL-RAND PLC SHS G47791101 356 3,300 SH   SOLE 3,300 0 0
INTEL CORP COM 458140100 3,381 62,964 SH   SOLE 62,964 0 0
JOHNSON & JOHNSON COM 478160104 2,893 20,697 SH   SOLE 20,697 0 0
KIMBERLY CLARK CORP COM 494368103 2,123 17,140 SH   SOLE 17,140 0 0
KIMCO RLTY CORP COM 49446R109 1,357 73,390 SH   SOLE 73,390 0 0
LAZARD LTD SHS A G54050102 467 12,940 SH   SOLE 12,940 0 0
LOWES COS INC COM 548661107 1,948 17,796 SH   SOLE 17,796 0 0
MACYS INC COM 55616P104 1,262 52,531 SH   SOLE 52,531 0 0
MARSH & MCLENNAN COS INC COM 571748102 544 5,795 SH   SOLE 5,795 0 0
MEDTRONIC PLC SHS G5960L103 5,546 60,892 SH   SOLE 60,892 0 0
MERCK & CO INC COM 58933Y105 979 11,773 SH   SOLE 11,773 0 0
MICROSOFT CORP COM 594918104 6,745 57,193 SH   SOLE 57,193 0 0
MID AMER APT CMNTYS INC COM 59522J103 451 4,130 SH   SOLE 4,130 0 0
MONDELEZ INTL INC CL A 609207105 1,599 32,050 SH   SOLE 32,050 0 0
NOKIA CORP SPONSORED ADR 654902204 2,669 466,740 SH   SOLE 466,740 0 0
NORDSTROM INC COM 655664100 2,088 47,050 SH   SOLE 47,050 0 0
NORFOLK SOUTHERN CORP COM 655844108 2,500 13,380 SH   SOLE 13,380 0 0
NVENT ELECTRIC PLC SHS G6700G107 2,359 87,460 SH   SOLE 87,460 0 0
ORASURE TECHNOLOGIES INC COM 68554V108 147 13,200 SH   SOLE 13,200 0 0
PEPSICO INC COM 713448108 2,227 18,178 SH   SOLE 18,178 0 0
PFIZER INC COM 717081103 1,934 45,557 SH   SOLE 45,557 0 0
PHILLIPS 66 COM 718546104 1,854 19,487 SH   SOLE 19,487 0 0
PROCTER AND GAMBLE CO COM 742718109 5,274 50,695 SH   SOLE 50,695 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,017 15,914 SH   SOLE 15,914 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 616 9,844 SH   SOLE 9,844 0 0
SCHLUMBERGER LTD COM 806857108 1,088 24,985 SH   SOLE 24,985 0 0
SURMODICS INC COM 868873100 1,298 29,860 SH   SOLE 29,860 0 0
TACTILE SYS TECHNOLOGY INC COM 87357P100 223 4,237 SH   SOLE 4,237 0 0
TARGET CORP COM 87612E106 4,389 54,688 SH   SOLE 54,688 0 0
TJX COS INC NEW COM 872540109 489 9,200 SH   SOLE 9,200 0 0
TORO CO COM 891092108 810 11,778 SH   SOLE 11,778 0 0
TRAVELERS COMPANIES INC COM 89417E109 2,031 14,809 SH   SOLE 14,809 0 0
UNILEVER PLC SPON ADR NEW 904767704 346 5,995 SH   SOLE 5,995 0 0
UNION PAC CORP COM 907818108 2,638 15,778 SH   SOLE 15,778 0 0
UNITED PARCEL SERVICE INC CL B 911312106 2,006 17,955 SH   SOLE 17,955 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,962 7,937 SH   SOLE 7,937 0 0
US BANCORP DEL COM NEW 902973304 348 7,227 SH   SOLE 7,227 0 0
VEONEER INCORPORATED COM 92336X109 730 31,930 SH   SOLE 31,930 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 4,637 78,425 SH   SOLE 78,425 0 0
W R BERKLEY CORPORATION COM 084423102 326 3,850 SH   SOLE 3,850 0 0
WALMART INC COM 931142103 612 6,285 SH   SOLE 6,285 0 0
WELLS FARGO CO NEW COM 949746101 2,550 52,792 SH   SOLE 52,792 0 0
WEYERHAEUSER CO COM 962166104 2,649 100,598 SH   SOLE 100,598 0 0
WILLIAMS SONOMA INC COM 969904101 300 5,345 SH   SOLE 5,345 0 0
WINMARK CORP COM 974250102 261 1,388 SH   SOLE 1,388 0 0