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
Apple Inc. COM 037833100 42,173 186,822 SH   SOLE   186,822 0 0
Automatic Data Processing COM 053015103 18,519 122,918 SH   SOLE   122,918 0 0
Allergan PLC SHS G0177J108 9,506 49,906 SH   SOLE   49,906 0 0
Allegion Plc ORD SHS G0176J109 7,075 78,114 SH   SOLE   78,114 0 0
Amgen Inc. COM 031162100 4,933 23,799 SH   SOLE   23,799 0 0
Amazon.Com Inc COM 023135106 28,853 14,405 SH   SOLE   14,405 0 0
Aon PLC SHS CL A G0408V102 10,632 69,135 SH   SOLE   69,135 0 0
Activision Blizzard Inc COM 00507V109 9,124 109,675 SH   SOLE   109,675 0 0
American Water Works Co. COM 030420103 343 3,894 SH   SOLE   3,894 0 0
American Express Co. COM 025816109 202 1,900 SH   SOLE   1,900 0 0
Boeing Company COM 097023105 274 737 SH   SOLE   737 0 0
Alibaba Group Holding - Sp Adr SPONSORED ADS 01609W102 15,176 92,107 SH   SOLE   92,107 0 0
Bank of America Corp. COM 060505104 14,559 494,203 SH   SOLE   494,203 0 0
Banco Bradesco-ADR SP ADR PFD NEW 059460303 2,623 370,468 SH   SOLE   370,468 0 0
Becton Dickinson & Co. COM 075887109 16,122 61,772 SH   SOLE   61,772 0 0
Biogen Inc COM 09062X103 3,137 8,879 SH   SOLE   8,879 0 0
Booking Holdings Inc COM 09857L108 8,892 4,482 SH   SOLE   4,482 0 0
Bristol-Myers Squibb COM 110122108 295 4,756 SH   SOLE   4,756 0 0
BP Amoco Plc. ADR SPONSORED ADR 055622104 256 5,547 SH   SOLE   5,547 0 0
Berkshire Hathaway Inc. Class B CL B NEW 084670702 17,832 83,285 SH   SOLE   83,285 0 0
Banco Santander Chile ADR COM 05965X109 5,986 187,187 SH   SOLE   187,187 0 0
Citigroup Inc. COM NEW 172967424 6,764 94,286 SH   SOLE   94,286 0 0
Crown Castle Intl Corp COM 22822V101 24,686 221,734 SH   SOLE   221,734 0 0
Celgene Corp COM 151020104 1,773 19,817 SH   SOLE   19,817 0 0
Cabot Oil & Gas Corp COM 127097103 6,656 295,549 SH   SOLE   295,549 0 0
Salesforce.com Inc. COM 79466L302 8,191 51,507 SH   SOLE   51,507 0 0
Cisco Systems COM 17275R102 4,257 87,499 SH   SOLE   87,499 0 0
CVS Health Corp COM 126650100 234 2,975 SH   SOLE   2,975 0 0
Concho Resources Inc COM 20605P101 6,752 44,200 SH   SOLE   44,200 0 0
Walt Disney Co. COM DISNEY 254687106 210 1,800 SH   SOLE   1,800 0 0
Electronic Arts Inc. COM 285512109 6,881 57,106 SH   SOLE   57,106 0 0
Equifax Inc. COM 294429105 5,702 43,672 SH   SOLE   43,672 0 0
Edison International COM 281020107 6,408 94,677 SH   SOLE   94,677 0 0
Estee Lauder Companies Class A CL A 518439104 12,389 85,254 SH   SOLE   85,254 0 0
Eog Resources COM 26875P101 11,647 91,296 SH   SOLE   91,296 0 0
Equinix Inc COM PAR $0.001 29444U700 6,532 15,090 SH   SOLE   15,090 0 0
Edwards Lifesciences Corp COM 28176E108 4,218 24,225 SH   SOLE   24,225 0 0
Diamondback Energy Inc. COM 25278X109 10,581 78,270 SH   SOLE   78,270 0 0
Facebook Inc. CL A 30303M102 17,639 107,254 SH   SOLE   107,254 0 0
Fomento Economico Mex-Sp ADR SPON ADR UNITS 344419106 4,056 40,983 SH   SOLE   40,983 0 0
General Electric COM 369604103 245 21,675 SH   SOLE   21,675 0 0
Alphabet Inc - Cl C CAP STK CL C 02079K107 32,818 27,498 SH   SOLE   27,498 0 0
Graphic Packaging Intl Corp COM 388689101 4,795 342,257 SH   SOLE   342,257 0 0
Home Depot COM 437076102 4,760 22,978 SH   SOLE   22,978 0 0
Hologic Inc COM 436440101 7,586 185,119 SH   SOLE   185,119 0 0
Honeywell International COM 438516106 22,424 134,757 SH   SOLE   134,757 0 0
International Business Machines COM 459200101 246 1,625 SH   SOLE   1,625 0 0
Intl Flavors & Fragrances COM 459506101 8,948 64,320 SH   SOLE   64,320 0 0
Intuit Inc. COM 461202103 15,419 67,804 SH   SOLE   67,804 0 0
Itau Unibanco Hldng-Pref ADR SPON ADR REP PFD 465562106 4,296 391,260 SH   SOLE   391,260 0 0
Johnson & Johnson COM 478160104 25,369 183,604 SH   SOLE   183,604 0 0
JP Morgan Chase & Company COM 46625H100 33,095 293,291 SH   SOLE   293,291 0 0
Coca Cola Co. COM 191216100 11,119 240,732 SH   SOLE   240,732 0 0
Lockheed Martin Inc. COM 539830109 10,052 29,055 SH   SOLE   29,055 0 0
LogMeln Inc. COM 54142L109 4,053 45,483 SH   SOLE   45,483 0 0
Mastercard Inc CL A 57636Q104 21,025 94,446 SH   SOLE   94,446 0 0
Marriott Intl Inc. CL A 571903202 14,454 109,476 SH   SOLE   109,476 0 0
McDonald's Corp. COM 580135101 18,230 108,971 SH   SOLE   108,971 0 0
Medtronic Plc SHS G5960L103 15,020 152,691 SH   SOLE   152,691 0 0
3M Company COM 88579Y101 18,202 86,382 SH   SOLE   86,382 0 0
Monster Beverage Corp COM 61174X109 8,684 149,009 SH   SOLE   149,009 0 0
Altria Group Inc. COM 02209S103 10,142 168,164 SH   SOLE   168,164 0 0
MSCI Inc-cl A COM 55354G100 12,845 72,403 SH   SOLE   72,403 0 0
Microsoft Corp. COM 594918104 51,163 447,346 SH   SOLE   447,346 0 0
NextEra Energy Inc. COM 65339F101 18,367 109,587 SH   SOLE   109,587 0 0
Nike Inc. CL B 654106103 12,783 150,889 SH   SOLE   150,889 0 0
Northrop Grumman Corp. COM 666807102 13,708 43,192 SH   SOLE   43,192 0 0
Norfolk Southern Corp. COM 655844108 542 3,000 SH   SOLE   3,000 0 0
NVIDIA Corp. COM 67066G104 10,626 37,814 SH   SOLE   37,814 0 0
Oracle Corp. COM 68389X105 12,180 236,236 SH   SOLE   236,236 0 0
Palo Alto Holdings Inc. COM 697435105 4,405 19,556 SH   SOLE   19,556 0 0
PepsiCo Inc. COM 713448108 12,872 115,133 SH   SOLE   115,133 0 0
Pfizer Inc. COM 717081103 2,767 62,788 SH   SOLE   62,788 0 0
Posco Spons ADR SPONSORED ADR 693483109 4,076 61,757 SH   SOLE   61,757 0 0
Philip Morris International Inc COM 718172109 12,243 150,146 SH   SOLE   150,146 0 0
Petrochina Co Ltd ADR SPONSORED ADR 71646E100 7,835 96,209 SH   SOLE   96,209 0 0
PayPal Holdings Inc COM 70450Y103 8,696 98,999 SH   SOLE   98,999 0 0
Raytheon Company COM NEW 755111507 9,694 46,906 SH   SOLE   46,906 0 0
Ryanair Hldgs ADR SPONSORED ADR NE 783513203 11,282 117,476 SH   SOLE   117,476 0 0
Starbucks Corp. COM 855244109 8,831 155,373 SH   SOLE   155,373 0 0
Schlumberger Ltd. COM 806857108 6,992 114,777 SH   SOLE   114,777 0 0
S&P Global Inc COM 78409V104 12,918 66,116 SH   SOLE   66,116 0 0
Suntrust Banks Inc. COM 867914103 3,499 52,382 SH   SOLE   52,382 0 0
Constellation Brands Class A CL A 21036P108 7,619 35,335 SH   SOLE   35,335 0 0
Stryker Corp. COM 863667101 16,548 93,136 SH   SOLE   93,136 0 0
T-Mobile US Inc. COM 872590104 11,423 162,766 SH   SOLE   162,766 0 0
Taiwan Semiconductor-ADR SPONSORED ADR 874039100 16,568 375,177 SH   SOLE   375,177 0 0
United Health Group Inc. COM 91324P102 24,028 90,319 SH   SOLE   90,319 0 0
Visa Inc-Class A COM CL A 92826C839 21,551 143,585 SH   SOLE   143,585 0 0
Verizon Communications COM 92343V104 7,236 135,524 SH   SOLE   135,524 0 0
Waters Corp. COM 941848103 9,601 49,317 SH   SOLE   49,317 0 0
Wells Fargo & Company COM 949746101 249 4,737 SH   SOLE   4,737 0 0
Exxon Mobil Corp. COM 30231G102 7,284 85,676 SH   SOLE   85,676 0 0
Yum! Brands Inc. COM 988498101 16,109 177,194 SH   SOLE   177,194 0 0
Zayo Group Holdings Inc. COM 98919V105 5,874 169,171 SH   SOLE   169,171 0 0
Zoetis Inc. CL A 98978V103 11,041 120,584 SH   SOLE   120,584 0 0