Boyd Watterson Asset Management 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 Company	COM	88579Y101	1,545	9,397	SH		SOLE		9,397	0	0
Abbott Laboratories	COM	002824100	2,449	29,271	SH		SOLE		29,271	0	0
Abbvie Inc	COM	00287Y109	2,555	33,741	SH		SOLE		33,741	0	0
Alcon Inc.	COM	H01301128	383	6,568	SH		SOLE		6,568	0	0
Alibaba Holding Group ADR	COM	01609W102	1,136	6,794	SH		SOLE		6,794	0	0
Alphabet Inc-CL A	COM	02079K305	2,976	2,437	SH		SOLE		2,437	0	0
Alphabet Inc-CL C	COM	02079K107	759	623	SH		SOLE		623	0	0
Amazon.com Inc	COM	023135106	717	413	SH		SOLE		413	0	0
American Express Co	COM	025816109	2,701	22,839	SH		SOLE		22,839	0	0
Amgen Inc	COM	031162100	667	3,448	SH		SOLE		3,448	0	0
Apple Inc	COM	037833100	2,948	13,163	SH		SOLE		13,163	0	0
AT & T Inc	COM	00206R102	521	13,763	SH		SOLE		13,763	0	0
Bank of America Corp	COM	060505104	273	9,375	SH		SOLE		9,375	0	0
Becton Dickinson & Co	COM	075887109	310	1,225	SH		SOLE		1,225	0	0
Berkshire Hathaway Cl B	COM	084670702	499	2,397	SH		SOLE		2,397	0	0
BlackRock Inc	COM	09247X101	244	547	SH		SOLE		547	0	0
Boeing Co	COM	097023105	3,775	9,921	SH		SOLE		9,921	0	0
Booking Holdings Inc.	COM	09857L108	424	216	SH		SOLE		216	0	0
Broadcom Inc	COM	11135F101	1,353	4,900	SH		SOLE		4,900	0	0
Capital One Financial Corp	COM	14040H105	258	2,837	SH		SOLE		2,837	0	0
Carvana Co	COM	146869102	842	12,750	SH		SOLE		12,750	0	0
Caterpillar Inc	COM	149123101	663	5,252	SH		SOLE		5,252	0	0
Chevron Corp	COM	166764100	906	7,638	SH		SOLE		7,638	0	0
Chipotle Mexican Grill Inc	COM	169656105	1,127	1,341	SH		SOLE		1,341	0	0
Chubb Ltd	COM	H1467J104	225	1,396	SH		SOLE		1,396	0	0
Cisco Systems Inc	COM	17275R102	712	14,412	SH		SOLE		14,412	0	0
Citigroup Inc	COM	172967424	362	5,245	SH		SOLE		5,245	0	0
Coca-Cola Co	COM	191216100	1,423	26,140	SH		SOLE		26,140	0	0
Comcast Corp-Class A	COM	20030N101	398	8,833	SH		SOLE		8,833	0	0
ConocoPhillips	COM	20825C104	286	5,021	SH		SOLE		5,021	0	0
Disney (Walt) Co/The	COM	254687106	281	2,159	SH		SOLE		2,159	0	0
Eaton Corp PLC	COM	G29183103	2,160	25,978	SH		SOLE		25,978	0	0
Expedia Group Inc	COM	30212P303	1,370	10,190	SH		SOLE		10,190	0	0
Exxon Mobil Corp	COM	30231G102	1,271	17,995	SH		SOLE		17,995	0	0
Facebook Inc-A	COM	30303M102	868	4,874	SH		SOLE		4,874	0	0
Fastenal Co	COM	311900104	333	10,191	SH		SOLE		10,191	0	0
Ford Motor Company	COM	345370860	133	14,477	SH		SOLE		14,477	0	0
General Electric Corp	COM	369604103	211	23,612	SH		SOLE		23,612	0	0
General Motors Co	COM	37045V100	1,012	27,000	SH		SOLE		27,000	0	0
Home Depot Inc	COM	437076102	969	4,176	SH		SOLE		4,176	0	0
Honeywell International	COM	438516106	2,430	14,362	SH		SOLE		14,362	0	0
IBM Corp	COM	459200101	287	1,971	SH		SOLE		1,971	0	0
Illinois Tool Works	COM	452308109	284	1,814	SH		SOLE		1,814	0	0
Ingersoll-Rand PLC	COM	G47791101	600	4,868	SH		SOLE		4,868	0	0
Intel Corp	COM	458140100	2,738	53,135	SH		SOLE		53,135	0	0
iShares 0-5 Year HY Corp Bond ETF	COM	46434V407	1,064	22,877	SH		SOLE		22,877	0	0
iShares 20 Year Treasury Bond ETF	COM	464287432	1,469	10,265	SH		SOLE		10,265	0	0
iShares 7-10 Year Treasury Bond ETF	COM	464287440	1,322	11,758	SH		SOLE		11,758	0	0
iShares Barclays Agg Bond	COM	464287226	535	4,731	SH		SOLE		4,731	0	0
iShares Core S&P 500 ETF	COM	464287200	745	2,496	SH		SOLE		2,496	0	0
iShares iBoxx USD High Yield Corp Bd ETF	COM	464288513	314	3,600	SH		SOLE		3,600	0	0
iShares Intermed Credit Bond ETF	COM	464288638	1,182	20,406	SH		SOLE		20,406	0	0
iShares MBS Bond ETF	COM	464288588	4,854	44,816	SH		SOLE		44,816	0	0
iShares MSCI EAFE Index Fd	COM	464287465	2,027	31,077	SH		SOLE		31,077	0	0
iShares MSCI Emrg Mkt Indx	COM	464287234	1,802	44,096	SH		SOLE		44,096	0	0
iShares S&P Global 100 Fd	COM	464287572	2,273	45,972	SH		SOLE		45,972	0	0
iShares S&P Midcap 400	COM	464287507	631	3,268	SH		SOLE		3,268	0	0
iShares S&P SmallCap 600	COM	464287804	2,111	27,114	SH		SOLE		27,114	0	0
iShares Short Term Corp Bond ETF	COM	464288646	1,393	25,949	SH		SOLE		25,949	0	0
iShares TIPS Bond ETF	COM	464287176	571	4,908	SH		SOLE		4,908	0	0
J P Morgan Chase	COM	46625H100	3,879	32,957	SH		SOLE		32,957	0	0
Johnson & Johnson	COM	478160104	2,243	17,336	SH		SOLE		17,336	0	0
Keysight Technologies Inc W/I	COM	49338L103	594	6,104	SH		SOLE		6,104	0	0
Kinder Morgan Inc	COM	49456B101	228	11,082	SH		SOLE		11,082	0	0
Lilly (Eli) & Co	COM	532457108	1,082	9,679	SH		SOLE		9,679	0	0
Marathon Petroleum Corp	COM	56585A102	430	7,078	SH		SOLE		7,078	0	0
Marsh & McLennan Cos Inc	COM	571748102	210	2,096	SH		SOLE		2,096	0	0
Mastercard Inc	COM	57636Q104	1,300	4,787	SH		SOLE		4,787	0	0
McDonald's Corp	COM	580135101	260	1,210	SH		SOLE		1,210	0	0
Medtronic PLC	COM	G5960L103	772	7,104	SH		SOLE		7,104	0	0
Merck & Company	COM	58933Y105	2,597	30,850	SH		SOLE		30,850	0	0
Microsoft Corp	COM	594918104	7,536	54,204	SH		SOLE		54,204	0	0
Mondelez International Inc	COM	609207105	1,091	19,722	SH		SOLE		19,722	0	0
Nextera Energy Inc	COM	65339F101	218	937	SH		SOLE		937	0	0
Nomad Foods Ltd	COM	G6564A105	321	15,638	SH		SOLE		15,638	0	0
Novartis AG ADR	COM	66987V109	393	4,518	SH		SOLE		4,518	0	0
O'Reilly Automotive Inc	COM	67103H107	799	2,006	SH		SOLE		2,006	0	0
Paycom Software Inc	COM	70432V102	241	1,150	SH		SOLE		1,150	0	0
PayPal Holdings Inc	COM	70450Y103	389	3,753	SH		SOLE		3,753	0	0
PepsiCo Inc	COM	713448108	2,132	15,553	SH		SOLE		15,553	0	0
Pfizer Inc	COM	717081103	2,257	62,825	SH		SOLE		62,825	0	0
Phillips 66	COM	718546104	815	7,960	SH		SOLE		7,960	0	0
Procter & Gamble Co	COM	742718109	1,836	14,759	SH		SOLE		14,759	0	0
Qualcomm Inc	COM	747525103	341	4,467	SH		SOLE		4,467	0	0
Salesforce.Com Inc	COM	79466L302	914	6,156	SH		SOLE		6,156	0	0
Schwab US Dividend Equity ETF	COM	808524797	837	15,283	SH		SOLE		15,283	0	0
SPDR S & P 500 ETF Trust	COM	78462F103	13,231	44,583	SH		SOLE		44,583	0	0
SPDR S & P Midcap 400 ETF	COM	78467Y107	4,656	13,210	SH		SOLE		13,210	0	0
SPDR Short Term Corp ETF	COM	78464A474	859	27,849	SH		SOLE		27,849	0	0
Synchrony Financial	COM	87165B103	360	10,568	SH		SOLE		10,568	0	0
Sysco Corp	COM	871829107	332	4,186	SH		SOLE		4,186	0	0
Target Corp	COM	87612E106	1,150	10,753	SH		SOLE		10,753	0	0
Texas Instruments Inc	COM	882508104	212	1,637	SH		SOLE		1,637	0	0
The Kraft Heinz Co	COM	500754106	479	17,130	SH		SOLE		17,130	0	0
Thermo Fisher Corp	COM	883556102	556	1,908	SH		SOLE		1,908	0	0
TJX Companies Inc	COM	872540109	627	11,241	SH		SOLE		11,241	0	0
United Parcel Services B	COM	911312106	631	5,270	SH		SOLE		5,270	0	0
United Technologies Corp	COM	913017109	1,315	9,633	SH		SOLE		9,633	0	0
US Bancorp	COM	902973304	830	15,000	SH		SOLE		15,000	0	0
VanEck Vectors High Yield Muni ETF	COM	92189H409	1,194	18,526	SH		SOLE		18,526	0	0
Vanguard Growth ETF	COM	922908736	349	2,099	SH		SOLE		2,099	0	0
Vanguard Long-Term Corp Bond ETF	COM	92206C813	1,391	13,753	SH		SOLE		13,753	0	0
Vanguard S&P 500 ETF	COM	922908363	2,294	8,414	SH		SOLE		8,414	0	0
Verizon Communications Inc	COM	92343V104	872	14,449	SH		SOLE		14,449	0	0
Visa Inc Cl-A Shares	COM	92826C839	1,727	10,041	SH		SOLE		10,041	0	0
Wal Mart Inc.	COM	931142103	269	2,267	SH		SOLE		2,267	0	0
Walgreens Boots Alliance	COM	931427108	1,730	31,277	SH		SOLE		31,277	0	0
Wells Fargo & Co	COM	949746101	916	18,166	SH		SOLE		18,166	0	0
Whirlpool Corp	COM	963320106	364	2,300	SH		SOLE		2,300	0	0
Yum China Holdings Inc	COM	98850P109	384	8,446	SH		SOLE		8,446	0	0
Zebra Technologies Corp Cl	COM	989207105	903	4,375	SH		SOLE		4,375	0	0
Zoetis Inc	COM	98978V103	786	6,311	SH		SOLE		6,311	0	0