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 875 27,246 SH   DFND   0 0 27,246
ABBVIE INC COM 00287Y109 7,693 83,033 SH   DFND   0 0 83,033
AEGION CORPORATION COM 00770F104 5,488 213,134 SH   DFND   0 0 213,134
AGILENT TECHNOLOGIES INC COM 00846U101 4,561 73,760 SH   DFND   0 0 73,760
APPLE INC COM 037833100 13,974 75,490 SH   DFND   0 0 75,490
AUTOMATIC DATA PROCESSING INC COM 053015103 5,168 38,529 SH   DFND   0 0 38,529
BP PLC SPONSORED ADRS COM 055622104 1,670 36,568 SH   DFND   0 0 36,568
BIOGEN, INC COM 09062X103 9,697 33,409 SH   DFND   0 0 33,409
BORGWARNER INC. COM 099724106 528 12,225 SH   DFND   0 0 12,225
BRISTOL-MYERS SQUIBB CO COM 110122108 531 9,600 SH   DFND   0 0 9,600
BRUKER CORPORATION COM 116794108 4,107 141,412 SH   DFND   0 0 141,412
CDK GLOBAL INC COM 12508E101 651 10,012 SH   DFND   0 0 10,012
CVS HEALTH CORPORATION COM 126650100 3,258 50,625 SH   DFND   0 0 50,625
CABOT CORP COM 127055101 296 4,800 SH   DFND   0 0 4,800
CATERPILLAR INC COM 149123101 1,192 8,788 SH   DFND   0 0 8,788
CELGENE CORP COM 151020104 2,687 33,835 SH   DFND   0 0 33,835
CHEVRON CORP NEW COM 166764100 1,557 12,318 SH   DFND   0 0 12,318
CISCO SYSTEMS INC COM 17275R102 4,735 110,031 SH   DFND   0 0 110,031
COLGATE PALMOLIVE CO COM 194162103 3,956 61,044 SH   DFND   0 0 61,044
COLUMBIA SPORTSWEAR COMPANY COM 198516106 209 2,283 SH   DFND   0 0 2,283
CONSOLIDATED EDISON INC COM 209115104 281 3,600 SH   DFND   0 0 3,600
CORNING INC. COM 219350105 1,547 56,241 SH   DFND   0 0 56,241
COSTCO WHSL CORP (NEW) COM 22160K105 11,226 53,718 SH   DFND   0 0 53,718
DEERE& CO COM 244199105 7,127 50,979 SH   DFND   0 0 50,979
DEVON ENERGY CORP COM 25179M103 1,312 29,835 SH   DFND   0 0 29,835
DIAMOND OFFSHORE DRILLING COM 25271C102 1,944 93,181 SH   DFND   0 0 93,181
EQT CORPORATION COM 26884L109 4,075 73,855 SH   DFND   0 0 73,855
EDWARDS LIFESCIENCES CORP COM 28176E108 423 2,906 SH   DFND   0 0 2,906
EMERSON ELECTRIC COMPANY COM 291011104 4,683 67,727 SH   DFND   0 0 67,727
EXXON MOBIL CORP (NEW) COM 30231G102 5,539 66,949 SH   DFND   0 0 66,949
FLIR SYSTEMS INC COM 302445101 6,582 126,643 SH   DFND   0 0 126,643
FLOWSERVE CORPORATION COM 34354P105 3,510 86,874 SH   DFND   0 0 86,874
GENERAL ELECTRIC CO COM 369604103 750 55,109 SH   DFND   0 0 55,109
HERSHEY CO COM 427866108 2,935 31,535 SH   DFND   0 0 31,535
HOME DEPOT INC COM 437076102 13,867 71,078 SH   DFND   0 0 71,078
HUBBELL INC COM 443510607 8,278 78,291 SH   DFND   0 0 78,291
INTEL CORP COM 458140100 13,017 261,867 SH   DFND   0 0 261,867
INTERNATIONAL BUSINESS MACHINE COM 459200101 5,849 41,871 SH   DFND   0 0 41,871
JPMORGAN CHASE& CO COM 46625H100 652 6,255 SH   DFND   0 0 6,255
JOHNSON& JOHNSON COM 478160104 8,597 70,850 SH   DFND   0 0 70,850
KEMPER CORP COM 488401100 3,773 49,877 SH   DFND   0 0 49,877
KEYSIGHT TECHNOLOGIES INC COM 49338L103 2,272 38,481 SH   DFND   0 0 38,481
KROGER COMPANY COM 501044101 2,767 97,266 SH   DFND   0 0 97,266
LEGGETT& PLATT INC COM 524660107 246 5,500 SH   DFND   0 0 5,500
MARSH& MCLENNAN COS INC COM 571748102 472 5,763 SH   DFND   0 0 5,763
MERCK& CO. INC. COM 58933Y105 657 10,829 SH   DFND   0 0 10,829
MICROSOFT CORP COM 594918104 8,551 86,716 SH   DFND   0 0 86,716
NATIONAL OILWELL VARCO INC COM 637071101 2,912 67,100 SH   DFND   0 0 67,100
NOVARTIS AG SPON ADR COM 66987V109 6,136 81,226 SH   DFND   0 0 81,226
ORACLE CORP COM 68389X105 348 7,900 SH   DFND   0 0 7,900
PPG INDUSTRIES COM 693506107 871 8,400 SH   DFND   0 0 8,400
PACCAR INC COM 693718108 17,533 282,971 SH   DFND   0 0 282,971
PEPSICO INC COM 713448108 5,951 54,665 SH   DFND   0 0 54,665
PFIZER INC COM 717081103 3,566 98,293 SH   DFND   0 0 98,293
QEP RESOURCES INC COM 74733V100 4,069 331,900 SH   DFND   0 0 331,900
ROYAL DUTCH SHELL PLC CL A ADR COM 780259206 1,554 22,440 SH   DFND   0 0 22,440
SPX CORP. COM 784635104 1,322 37,727 SH   DFND   0 0 37,727
SPX FLOW INC COM 78469X107 1,170 26,722 SH   DFND   0 0 26,722
SCHLUMBERGER LIMITED COM 806857108 6,291 93,850 SH   DFND   0 0 93,850
STATE STREET CORP COM 857477103 1,813 19,474 SH   DFND   0 0 19,474
STRYKER CORP COM 863667101 4,969 29,429 SH   DFND   0 0 29,429
TRAVELERS COS INC/THE COM 89417E109 536 4,379 SH   DFND   0 0 4,379
U.S. BANCORP COM 902973304 1,152 23,037 SH   DFND   0 0 23,037
UNITED TECHNOLOGIES CORP COM 913017109 400 3,200 SH   DFND   0 0 3,200
VAREX IMAGING CORPORATION COM 92214X106 492 13,271 SH   DFND   0 0 13,271
VARIAN MEDICAL SYSTEMS INC COM 92220P105 4,019 35,345 SH   DFND   0 0 35,345
VERIZON COMMUNICATIONS COM 92343V104 953 18,936 SH   DFND   0 0 18,936
WALGREENS BOOTS ALLIANCE INC COM 931427108 9,417 156,916 SH   DFND   0 0 156,916
WASHINGTON FEDERAL INC COM 938824109 2,090 63,907 SH   DFND   0 0 63,907
WATERS CORPORATION COM 941848103 8,121 41,952 SH   DFND   0 0 41,952
WELLS FARGO& CO (NEW) COM 949746101 2,552 46,036 SH   DFND   0 0 46,036
WEST PHARMACEUTICAL SVC INC COM 955306105 388 3,907 SH   DFND   0 0 3,907
WOODWARD INC. COM 980745103 9,920 129,062 SH   DFND   0 0 129,062
ALLERGAN PLC COM G0177J108 491 2,946 SH   DFND   0 0 2,946
JOHNSON CONTROLS INTL PLC COM G51502105 382 11,432 SH   DFND   0 0 11,432
MEDTRONIC PLC COM G5960L103 4,364 50,975 SH   DFND   0 0 50,975
TRANSOCEAN LTD COM H8817H100 1,661 123,550 SH   DFND   0 0 123,550