Parthenon 13F-HR Quarterly holdings report by institutional manager

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

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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	2,446	14,826	SH		SOLE		14,826	0	0
ABBOTT LABS	COM	002824100	2,371	51,168	SH		SOLE		51,168	0	0
ABBVIE INC	COM	00287Y109	3,015	51,511	SH		SOLE		51,511	0	0
ALTRIA GROUP INC	COM	02209S103	3,973	79,421	SH		SOLE		79,421	0	0
AMGEN INC	COM	031162100	348	2,177	SH		SOLE		2,177	0	0
APPLE INC	COM	037833100	831	6,675	SH		SOLE		6,675	0	0
ASHLAND INC NEW	COM	044209104	234	1,839	SH		SOLE		1,839	0	0
AT&T INC	COM	00206R102	1,853	56,762	SH		SOLE		56,762	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	434	5,065	SH		SOLE		5,065	0	0
BB&T CORP	COM	054937107	482	12,366	SH		SOLE		12,366	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	1,958	9	SH		SOLE		9	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	25,612	177,467	SH		SOLE		177,467	0	0
BIO TECHNE CORP	COM	09073M104	1,221	12,171	SH		SOLE		12,171	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	233	13,133	SH		SOLE		13,133	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	691	10,715	SH		SOLE		10,715	0	0
BROWN FORMAN CORP	CL A	115637100	1,333	14,680	SH		SOLE		14,680	0	0
BROWN FORMAN CORP	CL B	115637209	4,821	53,359	SH		SOLE		53,359	0	0
CABELAS INC	COM	126804301	2,868	51,225	SH		SOLE		51,225	0	0
CHEVRON CORP NEW	COM	166764100	1,970	18,761	SH		SOLE		18,761	0	0
CHUBB CORP	COM	171232101	207	2,048	SH		SOLE		2,048	0	0
CHURCHILL DOWNS INC	COM	171484108	3,703	32,205	SH		SOLE		32,205	0	0
CINCINNATI FINL CORP	COM	172062101	321	6,033	SH		SOLE		6,033	0	0
CISCO SYS INC	COM	17275R102	5,065	184,027	SH		SOLE		184,027	0	0
COACH INC	COM	189754104	2,106	50,825	SH		SOLE		50,825	0	0
COCA COLA CO	COM	191216100	4,129	101,832	SH		SOLE		101,832	0	0
COLGATE PALMOLIVE CO	COM	194162103	2,636	38,014	SH		SOLE		38,014	0	0
COMCAST CORP NEW	CL A	20030N101	235	4,170	SH		SOLE		4,170	0	0
CORNING INC	COM	219350105	7,149	315,191	SH		SOLE		315,191	0	0
COSTCO WHSL CORP NEW	COM	22160K105	288	1,900	SH		SOLE		1,900	0	0
CVS HEALTH CORP	COM	126650100	14,994	145,275	SH		SOLE		145,275	0	0
DISNEY WALT CO	COM DISNEY	254687106	620	5,914	SH		SOLE		5,914	0	0
DOVER CORP	COM	260003108	7,731	111,847	SH		SOLE		111,847	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	1,540	21,541	SH		SOLE		21,541	0	0
ESCALADE INC	COM	296056104	2,022	116,316	SH		SOLE		116,316	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	286	3,296	SH		SOLE		3,296	0	0
EXXON MOBIL CORP	COM	30231g102	19,030	223,877	SH		SOLE		223,877	0	0
FASTENAL CO	COM	311900104	5,938	143,305	SH		SOLE		143,305	0	0
FRIEDMAN INDS INC	COM	358435105	136	22,002	SH		SOLE		22,002	0	0
FUEL SYS SOLUTIONS INC	COM	35952W103	442	40,000	SH		SOLE		40,000	0	0
GENERAL ELECTRIC CO	COM	369604103	11,598	467,472	SH		SOLE		467,472	0	0
GOOGLE INC	CL A	38259P508	3,308	5,964	SH		SOLE		5,964	0	0
GOOGLE INC	CL C	38259P706	3,713	6,775	SH		SOLE		6,775	0	0
HERSHEY CO	COM	427866108	219	2,170	SH		SOLE		2,170	0	0
HOME DEPOT INC	COM	437076102	2,869	25,253	SH		SOLE		25,253	0	0
HONEYWELL INTL INC	COM	438516106	249	2,391	SH		SOLE		2,391	0	0
HOSPIRA INC	COM	441060100	720	8,196	SH		SOLE		8,196	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	6,492	40,446	SH		SOLE		40,446	0	0
ISHARES TR	CORE S&P500 ETF	464287200	905	4,354	SH		SOLE		4,354	0	0
ISHARES TR	CORE US AGGBD ET	464287226	250	2,245	SH		SOLE		2,245	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	230	2,020	SH		SOLE		2,020	0	0
ISHARES TR	MSCI EAFE ETF	464287465	531	8,268	SH		SOLE		8,268	0	0
ISHARES TR	RUS MID-CAP ETF	464287499	458	2,648	SH		SOLE		2,648	0	0
ISHARES TR	RUS 1000 ETF	464287622	239	2,060	SH		SOLE		2,060	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	283	2,277	SH		SOLE		2,277	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	770	6,520	SH		SOLE		6,520	0	0
JEWETT CAMERON TRADING LTD	COM NEW	47733C207	750	72,831	SH		SOLE		72,831	0	0
JOHNSON & JOHNSON	COM	478160104	17,193	170,901	SH		SOLE		170,901	0	0
JPMORGAN CHASE & CO	COM	46625H100	3,007	49,642	SH		SOLE		49,642	0	0
KIMBERLY CLARK CORP	COM	494368103	330	3,084	SH		SOLE		3,084	0	0
KNOWLES CORP	COM	49926D109	779	40,421	SH		SOLE		40,421	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	7,914	90,845	SH		SOLE		90,845	0	0
LANDSTAR SYS INC	COM	515098101	5,567	83,970	SH		SOLE		83,970	0	0
LILLY ELI & CO	COM	532457108	733	10,084	SH		SOLE		10,084	0	0
LOWES COS INC	COM	548661107	382	5,133	SH		SOLE		5,133	0	0
MARSH & MCLENNAN COS INC	COM	571748102	1,448	25,818	SH		SOLE		25,818	0	0
MCDONALDS CORP	COM	580135101	1,989	20,414	SH		SOLE		20,414	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	763	7,588	SH		SOLE		7,588	0	0
MEDTRONIC PLC	SHS	G5960L103	7,506	96,241	SH		SOLE		96,241	0	0
MERCK & CO INC NEW	COM	58933Y105	10,268	178,633	SH		SOLE		178,633	0	0
MICROSOFT CORP	COM	594918104	17,577	432,337	SH		SOLE		432,337	0	0
MONDELEZ INTL INC	CL A	609207105	8,249	228,573	SH		SOLE		228,573	0	0
MOTORCAR PTS AMER INC	COM	620071100	1,508	54,266	SH		SOLE		54,266	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	214	3,214	SH		SOLE		3,214	0	0
ORACLE CORP	COM	68389X105	279	6,476	SH		SOLE		6,476	0	0
PAYCHEX INC	COM	704326107	16,255	327,625	SH		SOLE		327,625	0	0
PEPSICO INC	COM	713448108	9,750	101,968	SH		SOLE		101,968	0	0
PFIZER INC	COM	717081103	5,597	160,873	SH		SOLE		160,873	0	0
PHILIP MORRIS INTL INC	COM	718172109	4,200	55,751	SH		SOLE		55,751	0	0
PNC FINL SVCS GROUP INC	COM	693475105	3,440	36,896	SH		SOLE		36,896	0	0
PRECISION CASTPARTS CORP	COM	740189105	5,348	25,468	SH		SOLE		25,468	0	0
PROCTER & GAMBLE CO	COM	742718109	17,481	213,344	SH		SOLE		213,344	0	0
SCHLUMBERGER LTD	COM	806857108	355	4,252	SH		SOLE		4,252	0	0
SCOTTS MIRACLE GRO CO	CL A	810186106	2,110	31,420	SH		SOLE		31,420	0	0
SMUCKER J M CO	COM NEW	832696405	4,508	38,955	SH		SOLE		38,955	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462f103	535	2,590	SH		SOLE		2,590	0	0
STRYKER CORP	COM	863667101	3,724	40,365	SH		SOLE		40,365	0	0
SUTRON CORP	COM	869380105	244	48,134	SH		SOLE		48,134	0	0
TELEFLEX INC	COM	879369106	1,616	13,375	SH		SOLE		13,375	0	0
UNITED GUARDIAN INC	COM	910571108	1,049	56,256	SH		SOLE		56,256	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	274	2,340	SH		SOLE		2,340	0	0
US BANCORP DEL	COM NEW	902973304	1,950	44,647	SH		SOLE		44,647	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	820	16,820	SH		SOLE		16,820	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	2,143	52,445	SH		SOLE		52,445	0	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	2,296	37,474	SH		SOLE		37,474	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	1,266	23,344	SH		SOLE		23,344	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	416	10,443	SH		SOLE		10,443	0	0
VERIZON COMMUNICATIONS INC	COM	92343v104	903	18,562	SH		SOLE		18,562	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	9,037	106,714	SH		SOLE		106,714	0	0
WAL-MART STORES INC	COM	931142103	8,288	100,763	SH		SOLE		100,763	0	0
WATERS CORP	COM	941848103	7,206	57,961	SH		SOLE		57,961	0	0
WELLS FARGO & CO NEW	COM	949746101	243	4,458	SH		SOLE		4,458	0	0
WESTERN UN CO	COM	959802109	4,506	216,515	SH		SOLE		216,515	0	0
WORLD FUEL SVCS CORP	COM	981475106	5,293	92,085	SH		SOLE		92,085	0	0
YUM BRANDS INC	COM	988498101	339	4,304	SH		SOLE		4,304	0	0
ZOETIS INC	CL A	98978V103	943	20,368	SH		SOLE		20,368	0	0