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	1,034	6,458	SH		SOLE		6,458	0	0
Abbott Laboratories	COM	002824100	3,136	28,818	SH		SOLE		28,818	0	0
Abbvie Inc	COM	00287Y109	3,327	37,980	SH		SOLE		37,980	0	0
Air Products & Chemicals	COM	009158106	814	2,733	SH		SOLE		2,733	0	0
Alibaba Holding Group ADR	COM	01609W102	232	790	SH		SOLE		790	0	0
Alphabet Inc-CL A	COM	02079K305	3,969	2,708	SH		SOLE		2,708	0	0
Alphabet Inc-CL C	COM	02079K107	1,361	926	SH		SOLE		926	0	0
Amazon.com Inc	COM	023135106	1,137	361	SH		SOLE		361	0	0
American Express Co	COM	025816109	2,643	26,363	SH		SOLE		26,363	0	0
Amgen Inc	COM	031162100	853	3,358	SH		SOLE		3,358	0	0
Apple Inc	COM	037833100	5,340	46,111	SH		SOLE		46,111	0	0
Avalonbay Communities	COM	053484101	421	2,816	SH		SOLE		2,816	0	0
Avery Dennison Corp	COM	053611109	543	4,250	SH		SOLE		4,250	0	0
Bank of America Corp	COM	060505104	219	9,110	SH		SOLE		9,110	0	0
Berkshire Hathaway Cl B	COM	084670702	520	2,440	SH		SOLE		2,440	0	0
BlackRock Inc	COM	09247X101	270	479	SH		SOLE		479	0	0
Boeing Co	COM	097023105	1,342	8,120	SH		SOLE		8,120	0	0
Booking Holdings Inc.	COM	09857L108	387	226	SH		SOLE		226	0	0
Bristol-Myers Squibb Co	COM	110122108	4,386	72,750	SH		SOLE		72,750	0	0
Broadcom Inc	COM	11135F101	2,777	7,623	SH		SOLE		7,623	0	0
Canopy Growth Corp	COM	138035100	331	23,081	SH		SOLE		23,081	0	0
Caterpillar Inc	COM	149123101	2,004	13,436	SH		SOLE		13,436	0	0
Chevron Corp	COM	166764100	292	4,060	SH		SOLE		4,060	0	0
Chipotle Mexican Grill Inc	COM	169656105	1,237	995	SH		SOLE		995	0	0
Cigna Corp	COM	125523100	754	4,453	SH		SOLE		4,453	0	0
Cisco Systems Inc	COM	17275R102	1,141	28,964	SH		SOLE		28,964	0	0
Coca-Cola Co	COM	191216100	1,626	32,940	SH		SOLE		32,940	0	0
CrowdStrike Holdings Inc	COM	22788C105	1,562	11,378	SH		SOLE		11,378	0	0
CSX Corp	COM	126408103	1,420	18,280	SH		SOLE		18,280	0	0
Cummins Inc	COM	231021106	200	948	SH		SOLE		948	0	0
CVS Health Corp	COM	126650100	200	3,427	SH		SOLE		3,427	0	0
Danaher Corp	COM	235851102	1,708	7,934	SH		SOLE		7,934	0	0
Disney (Walt) Co/The	COM	254687106	593	4,782	SH		SOLE		4,782	0	0
Eaton Corp PLC	COM	G29183103	2,906	28,483	SH		SOLE		28,483	0	0
Ebay Inc	COM	278642103	662	12,699	SH		SOLE		12,699	0	0
Edgewell Personal Care Co	COM	28035Q102	217	7,800	SH		SOLE		7,800	0	0
Emerson Electric Co	COM	291011104	1,069	16,308	SH		SOLE		16,308	0	0
Exxon Mobil Corp	COM	30231G102	1,114	32,452	SH		SOLE		32,452	0	0
Facebook Inc-A	COM	30303M102	1,142	4,361	SH		SOLE		4,361	0	0
Fastenal Co	COM	311900104	624	13,829	SH		SOLE		13,829	0	0
Fiserv Inc	COM	337738108	511	4,954	SH		SOLE		4,954	0	0
Fortive Corp	COM	34959J108	261	3,427	SH		SOLE		3,427	0	0
General Motors Co	COM	37045V100	799	27,000	SH		SOLE		27,000	0	0
Goldman Sachs Group Inc	COM	38141G104	214	1,063	SH		SOLE		1,063	0	0
Hershey Company	COM	427866108	315	2,200	SH		SOLE		2,200	0	0
Home Depot Inc	COM	437076102	2,379	8,568	SH		SOLE		8,568	0	0
Honeywell International	COM	438516106	4,012	24,375	SH		SOLE		24,375	0	0
IBM Corp	COM	459200101	465	3,825	SH		SOLE		3,825	0	0
Illinois Tool Works	COM	452308109	347	1,798	SH		SOLE		1,798	0	0
Intel Corp	COM	458140100	3,273	63,211	SH		SOLE		63,211	0	0
iShares 0-5 Year HY Corp Bond ETF	COM	46434V407	861	19,583	SH		SOLE		19,583	0	0
iShares 1-3 Year Treasury Bond ETF	COM	464287457	433	5,000	SH		SOLE		5,000	0	0
IShares 1-5 Year Investment Grade Corp	COM	464288646	715	13,014	SH		SOLE		13,014	0	0
iShares 20 Year Treasury Bond ETF	COM	464287432	1,384	8,475	SH		SOLE		8,475	0	0
iShares 3-7 Year Treasury	COM	464288661	1,257	9,407	SH		SOLE		9,407	0	0
IShares 5-10 Year Investment Grade Corp	COM	464288638	3,663	60,241	SH		SOLE		60,241	0	0
iShares 7-10 Year Treasury Bond ETF	COM	464287440	1,177	9,665	SH		SOLE		9,665	0	0
iShares Barclays Agg Bond	COM	464287226	776	6,572	SH		SOLE		6,572	0	0
iShares Core S&P 500 ETF	COM	464287200	691	2,056	SH		SOLE		2,056	0	0
iShares iBoxx USD High Yield Corp Bd ETF	COM	464288513	1,148	13,678	SH		SOLE		13,678	0	0
iShares MBS Bond ETF	COM	464288588	4,003	36,263	SH		SOLE		36,263	0	0
iShares MSCI EAFE Index Fd	COM	464287465	1,607	25,242	SH		SOLE		25,242	0	0
iShares MSCI Emrg Mkt Indx	COM	464287234	1,494	33,896	SH		SOLE		33,896	0	0
iShares S&P Global 100 Fd	COM	464287572	2,158	38,322	SH		SOLE		38,322	0	0
iShares S&P Midcap 400	COM	464287507	778	4,200	SH		SOLE		4,200	0	0
iShares S&P Preferred Stk	COM	464288687	255	6,996	SH		SOLE		6,996	0	0
iShares S&P SmallCap 600	COM	464287804	1,961	27,923	SH		SOLE		27,923	0	0
J P Morgan Chase	COM	46625H100	4,053	42,101	SH		SOLE		42,101	0	0
Johnson & Johnson	COM	478160104	2,606	17,501	SH		SOLE		17,501	0	0
Keysight Technologies Inc W/I	COM	49338L103	621	6,283	SH		SOLE		6,283	0	0
Lilly (Eli) & Co	COM	532457108	1,342	9,066	SH		SOLE		9,066	0	0
Linde PLC	COM	G5494J103	1,459	6,127	SH		SOLE		6,127	0	0
Lowe's Companies Inc	COM	548661107	1,436	8,660	SH		SOLE		8,660	0	0
Marsh & McLennan Cos Inc	COM	571748102	240	2,096	SH		SOLE		2,096	0	0
Mastercard Inc	COM	57636Q104	1,404	4,153	SH		SOLE		4,153	0	0
McDonald's Corp	COM	580135101	551	2,510	SH		SOLE		2,510	0	0
Medtronic PLC	COM	G5960L103	641	6,168	SH		SOLE		6,168	0	0
Merck & Company	COM	58933Y105	2,337	28,179	SH		SOLE		28,179	0	0
Microsoft Corp	COM	594918104	10,594	50,368	SH		SOLE		50,368	0	0
Mondelez International Inc	COM	609207105	1,049	18,255	SH		SOLE		18,255	0	0
Nextera Energy Inc	COM	65339F101	1,259	4,537	SH		SOLE		4,537	0	0
Novartis AG ADR	COM	66987V109	387	4,449	SH		SOLE		4,449	0	0
O'Reilly Automotive Inc	COM	67103H107	989	2,144	SH		SOLE		2,144	0	0
Parker Hannifin Corp	COM	701094104	413	2,039	SH		SOLE		2,039	0	0
Paycom Software Inc	COM	70432V102	249	800	SH		SOLE		800	0	0
PayPal Holdings Inc	COM	70450Y103	1,313	6,666	SH		SOLE		6,666	0	0
PepsiCo Inc	COM	713448108	2,521	18,186	SH		SOLE		18,186	0	0
Pfizer Inc	COM	717081103	2,251	61,348	SH		SOLE		61,348	0	0
Phillips 66	COM	718546104	589	11,365	SH		SOLE		11,365	0	0
Procter & Gamble Co	COM	742718109	2,656	19,109	SH		SOLE		19,109	0	0
Qualcomm Inc	COM	747525103	1,337	11,359	SH		SOLE		11,359	0	0
Raytheon Technologies Corp	COM	75513E101	695	12,078	SH		SOLE		12,078	0	0
Roper Industries	COM	776696106	318	805	SH		SOLE		805	0	0
Salesforce.Com Inc	COM	79466L302	1,314	5,227	SH		SOLE		5,227	0	0
Schwab US Dividend Equity ETF	COM	808524797	840	15,196	SH		SOLE		15,196	0	0
SPDR Dow Jones Indu Avg Tr	COM	78467X109	321	1,156	SH		SOLE		1,156	0	0
SPDR S & P 500 ETF Trust	COM	78462F103	17,554	52,416	SH		SOLE		52,416	0	0
SPDR S & P Midcap 400 ETF	COM	78467Y107	5,330	15,730	SH		SOLE		15,730	0	0
SPDR Short Term Corp ETF	COM	78464A474	321	10,237	SH		SOLE		10,237	0	0
Splunk Inc	COM	848637104	562	2,986	SH		SOLE		2,986	0	0
Synchrony Financial	COM	87165B103	486	18,568	SH		SOLE		18,568	0	0
Target Corp	COM	87612E106	1,957	12,430	SH		SOLE		12,430	0	0
Texas Instruments Inc	COM	882508104	234	1,637	SH		SOLE		1,637	0	0
Thermo Fisher Corp	COM	883556102	1,838	4,162	SH		SOLE		4,162	0	0
Trane Technologies PLC	COM	G8994E103	820	6,764	SH		SOLE		6,764	0	0
Travelers Companies Inc	COM	89417E109	387	3,580	SH		SOLE		3,580	0	0
United Parcel Services B	COM	911312106	1,211	7,270	SH		SOLE		7,270	0	0
US Bancorp	COM	902973304	538	15,000	SH		SOLE		15,000	0	0
Vanguard Growth ETF	COM	922908736	478	2,099	SH		SOLE		2,099	0	0
Vanguard Long-Term Corp Bond ETF	COM	92206C813	1,628	15,233	SH		SOLE		15,233	0	0
Vanguard S&P 500 ETF	COM	922908363	2,589	8,414	SH		SOLE		8,414	0	0
Verizon Communications Inc	COM	92343V104	1,179	19,819	SH		SOLE		19,819	0	0
Visa Inc Cl-A Shares	COM	92826C839	2,147	10,738	SH		SOLE		10,738	0	0
Wal Mart Inc.	COM	931142103	413	2,949	SH		SOLE		2,949	0	0
Walgreens Boots Alliance	COM	931427108	748	20,834	SH		SOLE		20,834	0	0
Wells Fargo & Co	COM	949746101	449	19,101	SH		SOLE		19,101	0	0
WEX INC	COM	96208T104	511	3,678	SH		SOLE		3,678	0	0
Whirlpool Corp	COM	963320106	423	2,300	SH		SOLE		2,300	0	0
Zebra Technologies Corp Cl	COM	989207105	942	3,730	SH		SOLE		3,730	0	0