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

OMB APPROVAL

OMB Number:		3235-0006
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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	2,772	14,489	SH		SOLE		14,489	0	0
A H BELO CORP	COM CL A	001282102	995	161,794	SH		SOLE		161,794	0	0
ABBOTT LABS	COM	002824100	2,107	47,451	SH		SOLE		47,451	0	0
ABBVIE INC	COM	00287Y109	2,813	43,169	SH		SOLE		43,169	0	0
ALPHABET INC	CAP STK CL C	02079K107	6,535	7,878	SH		SOLE		7,878	0	0
ALPHABET INC	CAP STK CL A	02079K305	5,053	5,960	SH		SOLE		5,960	0	0
ALTRIA GROUP INC	COM	02209S103	4,617	64,642	SH		SOLE		64,642	0	0
AMERICAN EXPRESS CO	COM	025816109	3,563	45,035	SH		SOLE		45,035	0	0
AMGEN INC	COM	031162100	365	2,227	SH		SOLE		2,227	0	0
APPLE INC	COM	037833100	3,707	25,806	SH		SOLE		25,806	0	0
ASHLAND GLOBAL HLDGS INC	COM	044186104	228	1,839	SH		SOLE		1,839	0	0
AT&T INC	COM	00206R102	1,139	27,402	SH		SOLE		27,402	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	481	4,700	SH		SOLE		4,700	0	0
BB&T CORP	COM	054937107	551	12,319	SH		SOLE		12,319	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	2,249	9	SH		SOLE		9	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	28,145	168,858	SH		SOLE		168,858	0	0
BIO TECHNE CORP	COM	09073M104	998	9,821	SH		SOLE		9,821	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	327	13,133	SH		SOLE		13,133	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	579	10,640	SH		SOLE		10,640	0	0
BROWN FORMAN CORP	CL A	115637100	1,100	23,360	SH		SOLE		23,360	0	0
BROWN FORMAN CORP	CL B	115637209	4,753	102,930	SH		SOLE		102,930	0	0
CABELAS INC	COM	126804301	2,412	45,420	SH		SOLE		45,420	0	0
CHEVRON CORP NEW	COM	166764100	2,035	18,951	SH		SOLE		18,951	0	0
CHURCHILL DOWNS INC	COM	171484108	4,182	26,326	SH		SOLE		26,326	0	0
CINCINNATI FINL CORP	COM	172062101	291	4,033	SH		SOLE		4,033	0	0
CISCO SYS INC	COM	17275R102	6,077	179,795	SH		SOLE		179,795	0	0
COACH INC	COM	189754104	1,470	35,575	SH		SOLE		35,575	0	0
COCA COLA CO	COM	191216100	4,317	101,728	SH		SOLE		101,728	0	0
COLGATE PALMOLIVE CO	COM	194162103	2,321	31,718	SH		SOLE		31,718	0	0
COMCAST CORP NEW	CL A	20030N101	294	7,822	SH		SOLE		7,822	0	0
CORNING INC	COM	219350105	7,716	285,770	SH		SOLE		285,770	0	0
COTY INC	COM CL A	222070203	2,119	116,880	SH		SOLE		116,880	0	0
CVS HEALTH CORP	COM	126650100	13,100	166,876	SH		SOLE		166,876	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	243	2,100	SH		SOLE		2,100	0	0
DISNEY WALT CO	COM DISNEY	254687106	747	6,589	SH		SOLE		6,589	0	0
DOVER CORP	COM	260003108	8,983	111,802	SH		SOLE		111,802	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	1,725	21,477	SH		SOLE		21,477	0	0
ESCALADE INC	COM	296056104	2,255	174,804	SH		SOLE		174,804	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	255	3,863	SH		SOLE		3,863	0	0
EXXON MOBIL CORP	COM	30231g102	18,140	221,188	SH		SOLE		221,188	0	0
FASTENAL CO	COM	311900104	8,388	162,866	SH		SOLE		162,866	0	0
FRIEDMAN INDS INC	COM	358435105	152	23,595	SH		SOLE		23,595	0	0
GAMING PARTNERS INTL CORP	COM	36467A107	1,626	162,592	SH		SOLE		162,592	0	0
GENERAL ELECTRIC CO	COM	369604103	13,332	447,393	SH		SOLE		447,393	0	0
HARLEY DAVIDSON INC	COM	412822108	498	8,224	SH		SOLE		8,224	0	0
HERSHEY CO	COM	427866108	229	2,100	SH		SOLE		2,100	0	0
HOME DEPOT INC	COM	437076102	3,628	24,710	SH		SOLE		24,710	0	0
HONEYWELL INTL INC	COM	438516106	350	2,804	SH		SOLE		2,804	0	0
II VI INC	COM	902104108	243	6,750	SH		SOLE		6,750	0	0
INTEL CORP	COM	458140100	249	6,900	SH		SOLE		6,900	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	6,587	37,826	SH		SOLE		37,826	0	0
ISHARES TR	CORE S&P500 ETF	464287200	918	3,867	SH		SOLE		3,867	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	266	2,020	SH		SOLE		2,020	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	225	2,167	SH		SOLE		2,167	0	0
ISHARES TR	MSCI EAFE ETF	464287465	728	11,693	SH		SOLE		11,693	0	0
ISHARES TR	RUS MID CAP ETF	464287499	843	4,503	SH		SOLE		4,503	0	0
ISHARES TR	RUS 1000 ETF	464287622	270	2,060	SH		SOLE		2,060	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	868	6,316	SH		SOLE		6,316	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	725	10,480	SH		SOLE		10,480	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	280	5,874	SH		SOLE		5,874	0	0
JEWETT CAMERON TRADING LTD	COM NEW	47733C207	1,524	127,524	SH		SOLE		127,524	0	0
JOHNSON & JOHNSON	COM	478160104	19,649	157,763	SH		SOLE		157,763	0	0
JPMORGAN CHASE & CO	COM	46625H100	4,273	48,649	SH		SOLE		48,649	0	0
KIMBERLY CLARK CORP	COM	494368103	422	3,204	SH		SOLE		3,204	0	0
KRAFT HEINZ CO	COM	500754106	8,083	89,015	SH		SOLE		89,015	0	0
LAKELAND INDS INC	COM	511795106	1,782	165,763	SH		SOLE		165,763	0	0
LANDSTAR SYS INC	COM	515098101	6,863	80,130	SH		SOLE		80,130	0	0
LILLY ELI & CO	COM	532457108	772	9,179	SH		SOLE		9,179	0	0
LOWES COS INC	COM	548661107	381	4,633	SH		SOLE		4,633	0	0
MARSH & MCLENNAN COS INC	COM	571748102	1,908	25,818	SH		SOLE		25,818	0	0
MCDONALDS CORP	COM	580135101	2,548	19,658	SH		SOLE		19,658	0	0
MEDTRONIC PLC	SHS	G5960L103	6,540	81,178	SH		SOLE		81,178	0	0
MERCK & CO INC	COM	58933Y105	10,844	170,664	SH		SOLE		170,664	0	0
MICROSOFT CORP	COM	594918104	26,940	409,049	SH		SOLE		409,049	0	0
MONDELEZ INTL INC	CL A	609207105	9,162	212,667	SH		SOLE		212,667	0	0
MOTORCAR PTS AMER INC	COM	620071100	2,147	69,874	SH		SOLE		69,874	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	279	3,235	SH		SOLE		3,235	0	0
ORACLE CORP	COM	68389X105	255	5,706	SH		SOLE		5,706	0	0
PAYCHEX INC	COM	704326107	17,966	305,019	SH		SOLE		305,019	0	0
PEPSICO INC	COM	713448108	11,460	102,451	SH		SOLE		102,451	0	0
PFIZER INC	COM	717081103	5,306	155,114	SH		SOLE		155,114	0	0
PHILIP MORRIS INTL INC	COM	718172109	5,329	47,201	SH		SOLE		47,201	0	0
PNC FINL SVCS GROUP INC	COM	693475105	4,356	36,231	SH		SOLE		36,231	0	0
PROCTER AND GAMBLE CO	COM	742718109	15,856	176,473	SH		SOLE		176,473	0	0
SCHLUMBERGER LTD	COM	806857108	330	4,225	SH		SOLE		4,225	0	0
SCOTTS MIRACLE GRO CO	CL A	810186106	2,758	29,535	SH		SOLE		29,535	0	0
SMUCKER J M CO	COM NEW	832696405	5,049	38,521	SH		SOLE		38,521	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462f103	611	2,590	SH		SOLE		2,590	0	0
STRYKER CORP	COM	863667101	5,552	42,170	SH		SOLE		42,170	0	0
TELEFLEX INC	COM	879369106	2,460	12,700	SH		SOLE		12,700	0	0
UNITED GUARDIAN INC	COM	910571108	1,701	114,547	SH		SOLE		114,547	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	297	2,648	SH		SOLE		2,648	0	0
US BANCORP DEL	COM NEW	902973304	2,098	40,743	SH		SOLE		40,743	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	526	2,429	SH		SOLE		2,429	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	260	2,140	SH		SOLE		2,140	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	813	16,995	SH		SOLE		16,995	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,637	41,205	SH		SOLE		41,205	0	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	2,188	34,574	SH		SOLE		34,574	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	1,113	21,582	SH		SOLE		21,582	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	720	18,313	SH		SOLE		18,313	0	0
VERIZON COMMUNICATIONS INC	COM	92343v104	968	19,848	SH		SOLE		19,848	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	7,916	95,319	SH		SOLE		95,319	0	0
WAL-MART STORES INC	COM	931142103	6,474	89,812	SH		SOLE		89,812	0	0
WATERS CORP	COM	941848103	7,776	49,750	SH		SOLE		49,750	0	0
WELLS FARGO & CO NEW	COM	949746101	264	4,749	SH		SOLE		4,749	0	0
WESTERN UN CO	COM	959802109	3,613	177,540	SH		SOLE		177,540	0	0
WORLD FUEL SVCS CORP	COM	981475106	7,450	181,180	SH		SOLE		181,180	0	0
YUM BRANDS INC	COM	988498101	675	10,608	SH		SOLE		10,608	0	0
ZOETIS INC	CL A	98978V103	1,342	25,104	SH		SOLE		25,104	0	0