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 Company COM 85579Y101 29,151 207,850 SH   SOLE   207,850 0 0
Aetna Inc COM 00817Y108 35,327 15,060 SH   SOLE   15,060 0 0
Aflac Inc COM 001055102 37,014 554,110 SH   SOLE   544,110 0 0
Ampco-Pittsburgh Corp COM 032037103 2,081 107,000 SH   SOLE   2,081 0 0
Berkshire Hathaway Inc Del CL B 084670702 36,619 308,870 SH   SOLE   308,870 0 0
Cheveron Corp COM 166764100 36,541 292,540 SH   SOLE   292,540 0 0
Emerson Elec Co COM 291011104 27,126 386,525 SH   SOLE   38,625 0 0
Exxon Mobil Corp COM 30231G102 4,153 41,045 SH   SOLE   41,045 0 0
Hormel Foods Corp COM 440452100 1,431 31,700 SH   SOLE   31,700 0 0
Intel Corp COM 458140100 46,445 1,789,450 SH   SOLE   1,789,450 0 0
JP Morgan Chase & Co COM 46625H100 3,112 53,225 SH   SOLE   53,225 0 0
Mckesson Corp COM 58155Q103 8,844 54,800 SH   SOLE   54,800 0 0
Microsoft Corp COM 594918104 38,613 1,032,170 SH   SOLE   1,032,170 0 0
New York Cmnty Bancorp Inc COM 649445103 3,312 196,600 SH   SOLE   196,600 0 0
Scansource Inc COM 806037107 26,373 621,554 SH   SOLE   621,554 0 0
Stryker Corp COM 863667101 27,524 366,300 SH   SOLE   366,300 0 0
Telephone & Data Sys Inc COM 879433829 18,213 706,470 SH   SOLE   706,470 0 0
Total Sys Svcs Inc COM 891906109 27,751 833,860 SH   SOLE   833,860 0 0
Valmont Inds Inc COM 920253101 27,932 187,310 SH   SOLE   187,310 0 0
Varian Med Sys Inc COM 92220P105 30,152 38,810 SH   SOLE   38,810 0 0
Wal-Mart Stores Inc COM 931142103 31,962 406,175 SH   SOLE   406,175 0 0
Wells Fargo & Co COM 949746101 37,388 823,515 SH   SOLE   823,515 0 0