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
AT&T INC COM 00206R102 904 23,947 SH   DFND   0 0 23,947
ABBVIE INC COM 00287Y109 6,155 84,879 SH   DFND   0 0 84,879
AEGION CORPORATION COM 00770F104 4,688 214,239 SH   DFND   0 0 214,239
AGILENT TECHNOLOGIES INC COM 00846U101 4,446 74,960 SH   DFND   0 0 74,960
APPLE INC COM 037833100 11,056 76,770 SH   DFND   0 0 76,770
AUTOMATIC DATA PROCESSING INC COM 053015103 4,030 39,329 SH   DFND   0 0 39,329
BP PLC SPONSORED ADRS COM 055622104 1,267 36,568 SH   DFND   0 0 36,568
BIOGEN, INC COM 09062X103 9,069 33,422 SH   DFND   0 0 33,422
BIOVERATIV INC COM 09075E100 1,005 16,702 SH   DFND   0 0 16,702
BORGWARNER INC. COM 099724106 599 14,135 SH   DFND   0 0 14,135
BRISTOL-MYERS SQUIBB CO COM 110122108 535 9,600 SH   DFND   0 0 9,600
BRUKER CORPORATION COM 116794108 4,695 162,805 SH   DFND   0 0 162,805
CDK GLOBAL INC COM 12508E101 632 10,180 SH   DFND   0 0 10,180
CVS HEALTH CORPORATION COM 126650100 3,176 39,471 SH   DFND   0 0 39,471
CABOT CORP COM 127055101 256 4,800 SH   DFND   0 0 4,800
CATERPILLAR INC COM 149123101 1,088 10,123 SH   DFND   0 0 10,123
CHEVRON CORP NEW COM 166764100 1,264 12,118 SH   DFND   0 0 12,118
CISCO SYSTEMS INC COM 17275R102 3,458 110,475 SH   DFND   0 0 110,475
COLGATE PALMOLIVE CO COM 194162103 4,514 60,889 SH   DFND   0 0 60,889
COLUMBIA SPORTSWEAR COMPANY COM 198516106 390 6,716 SH   DFND   0 0 6,716
CONSOLIDATED EDISON INC COM 209115104 357 4,419 SH   DFND   0 0 4,419
CORNING INC. COM 219350105 1,803 59,991 SH   DFND   0 0 59,991
COSTCO WHSL CORP (NEW) COM 22160K105 8,598 53,760 SH   DFND   0 0 53,760
DEERE& CO COM 244199105 6,492 52,526 SH   DFND   0 0 52,526
DEVON ENERGY CORP COM 25179M103 807 25,245 SH   DFND   0 0 25,245
DIAMOND OFFSHORE DRILLING COM 25271C102 1,218 112,507 SH   DFND   0 0 112,507
EQT CORPORATION COM 26884L109 4,327 73,855 SH   DFND   0 0 73,855
EDWARDS LIFESCIENCES CORP COM 28176E108 380 3,210 SH   DFND   0 0 3,210
EMERSON ELECTRIC COMPANY COM 291011104 4,131 69,285 SH   DFND   0 0 69,285
EXXON MOBIL CORP (NEW) COM 30231G102 5,348 66,249 SH   DFND   0 0 66,249
FLIR SYSTEMS INC COM 302445101 4,495 129,690 SH   DFND   0 0 129,690
FLOWSERVE CORPORATION COM 34354P105 4,095 88,199 SH   DFND   0 0 88,199
GENERAL ELECTRIC CO COM 369604103 2,089 77,346 SH   DFND   0 0 77,346
HERSHEY CO COM 427866108 3,386 31,535 SH   DFND   0 0 31,535
HOME DEPOT INC COM 437076102 10,934 71,278 SH   DFND   0 0 71,278
HUBBELL INC COM 443510607 8,951 79,096 SH   DFND   0 0 79,096
ING GROEP NV ADR COM 456837103 355 20,388 SH   DFND   0 0 20,388
INTEL CORP COM 458140100 8,676 257,145 SH   DFND   0 0 257,145
INTERNATIONAL BUSINESS MACHINE COM 459200101 6,043 39,282 SH   DFND   0 0 39,282
JPMORGAN CHASE& CO COM 46625H100 572 6,255 SH   DFND   0 0 6,255
JOHNSON& JOHNSON COM 478160104 9,555 72,224 SH   DFND   0 0 72,224
KEMPER CORP COM 488401100 2,992 77,521 SH   DFND   0 0 77,521
KEYSIGHT TECHNOLOGIES INC COM 49338L103 1,498 38,481 SH   DFND   0 0 38,481
LEGGETT& PLATT INC COM 524660107 289 5,500 SH   DFND   0 0 5,500
LEVEL 3 COMMUNICATIONS INC COM 52729N308 314 5,290 SH   DFND   0 0 5,290
MARSH& MCLENNAN COS INC COM 571748102 510 6,543 SH   DFND   0 0 6,543
MERCK& CO. INC. COM 58933Y105 662 10,329 SH   DFND   0 0 10,329
MICROSOFT CORP COM 594918104 6,102 88,521 SH   DFND   0 0 88,521
NATIONAL OILWELL VARCO INC COM 637071101 2,454 74,494 SH   DFND   0 0 74,494
NOVARTIS AG SPON ADR COM 66987V109 4,870 58,342 SH   DFND   0 0 58,342
ORACLE CORP COM 68389X105 396 7,900 SH   DFND   0 0 7,900
PPG INDUSTRIES COM 693506107 1,575 14,320 SH   DFND   0 0 14,320
PACCAR INC COM 693718108 18,687 282,971 SH   DFND   0 0 282,971
PEPSICO INC COM 713448108 6,342 54,915 SH   DFND   0 0 54,915
PFIZER INC COM 717081103 3,268 97,287 SH   DFND   0 0 97,287
QEP RESOURCES INC COM 74733V100 2,552 252,630 SH   DFND   0 0 252,630
ROYAL DUTCH SHELL PLC CL A ADR COM 780259206 1,194 22,440 SH   DFND   0 0 22,440
SPX CORP. COM 784635104 949 37,727 SH   DFND   0 0 37,727
SPX FLOW INC COM 78469X107 986 26,722 SH   DFND   0 0 26,722
SCHLUMBERGER LIMITED COM 806857108 5,235 79,506 SH   DFND   0 0 79,506
STATE STREET CORP COM 857477103 1,747 19,474 SH   DFND   0 0 19,474
STRYKER CORP COM 863667101 4,178 30,104 SH   DFND   0 0 30,104
SUPERVALU INC COM 868536103 750 227,867 SH   DFND   0 0 227,867
TRAVELERS COS INC/THE COM 89417E109 567 4,479 SH   DFND   0 0 4,479
U.S. BANCORP COM 902973304 1,248 24,037 SH   DFND   0 0 24,037
UNITED TECHNOLOGIES CORP COM 913017109 391 3,200 SH   DFND   0 0 3,200
VAREX IMAGING CORPORATION COM 92214X106 479 14,174 SH   DFND   0 0 14,174
VARIAN MEDICAL SYSTEMS INC COM 92220P105 3,678 35,642 SH   DFND   0 0 35,642
VERIZON COMMUNICATIONS COM 92343V104 823 18,437 SH   DFND   0 0 18,437
WALGREENS BOOTS ALLIANCE INC COM 931427108 12,431 158,742 SH   DFND   0 0 158,742
WASHINGTON FEDERAL INC COM 938824109 2,136 64,332 SH   DFND   0 0 64,332
WATERS CORPORATION COM 941848103 7,712 41,952 SH   DFND   0 0 41,952
WELLS FARGO& CO (NEW) COM 949746101 2,587 46,687 SH   DFND   0 0 46,687
WEST PHARMACEUTICAL SVC INC COM 955306105 378 4,000 SH   DFND   0 0 4,000
WOODWARD INC. COM 980745103 8,866 131,188 SH   DFND   0 0 131,188
ALLERGAN PLC COM G0177J108 716 2,946 SH   DFND   0 0 2,946
JOHNSON CONTROLS INTL PLC COM G51502105 496 11,432 SH   DFND   0 0 11,432
MEDTRONIC PLC COM G5960L103 4,498 50,678 SH   DFND   0 0 50,678
TRANSOCEAN LTD COM H8817H100 1,133 137,715 SH   DFND   0 0 137,715