Boston Research & 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
Expires:	Oct 31, 2018
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
3M Co	COM	88579Y101	2,816	20,630	SH		SOLE		0	0	20,630
AMEX Energy Sector SPDR	COM	81369y506	1,159	39,900	SH		SOLE		0	0	39,900
AT&T Corp	COM	00206r102	973	33,385	SH		SOLE		0	0	33,385
AbbVie Inc.	COM	00287y109	4,413	57,931	SH		SOLE		0	0	57,931
Abbott Laboratories	COM	002824100	4,764	60,381	SH		SOLE		0	0	60,381
Accenture PLC	COM	G1151C101	4,298	26,328	SH		SOLE		0	0	26,328
Alphabet, Inc. - Class A	COM	02079k305	3,757	3,234	SH		SOLE		0	0	3,234
Alphabet, Inc. - Class C	COM	02079k107	922	793	SH		SOLE		0	0	793
Amgen Inc.	COM	031162100	239	1,180	SH		SOLE		0	0	1,180
Apple Inc.	COM	037833100	4,919	19,345	SH		SOLE		0	0	19,345
Bank of New York Mellon Corp.	COM	064058100	2,427	72,088	SH		SOLE		0	0	72,088
Berkshire Hathaway Inc. Class	COM	084670702	3,825	20,922	SH		SOLE		0	0	20,922
Boeing Co	COM	097023105	234	1,571	SH		SOLE		0	0	1,571
Boston Properties, Inc.	COM	101121101	447	4,850	SH		SOLE		0	0	4,850
Bristol-Myers Squibb Company	COM	110122108	499	8,970	SH		SOLE		0	0	8,970
CH Robinson Worldwide Inc	COM	12541W209	3,067	46,331	SH		SOLE		0	0	46,331
CVS Health Corp	COM	126650100	3,732	62,917	SH		SOLE		0	0	62,917
Caterpillar	COM	149123101	397	3,422	SH		SOLE		0	0	3,422
Chevron Corp	COM	166764100	784	10,830	SH		SOLE		0	0	10,830
Cintas Corporation	COM	172908105	957	5,530	SH		SOLE		0	0	5,530
Cisco Systems, Inc.	COM	17275r102	5,412	137,679	SH		SOLE		0	0	137,679
Clorox Company	COM	189054109	238	1,375	SH		SOLE		0	0	1,375
Coca-Cola Company	COM	191216100	3,105	70,188	SH		SOLE		0	0	70,188
Colgate-Palmolive Company	COM	194162103	3,818	57,536	SH		SOLE		0	0	57,536
Comcast Corp Cl A Vtg	COM	20030N101	3,545	103,129	SH		SOLE		0	0	103,129
ConocoPhillips	COM	20825C104	1,251	40,620	SH		SOLE		0	0	40,620
Danaher Corp.	COM	235851102	330	2,388	SH		SOLE		0	0	2,388
Duke Energy Corp.	COM	26441c204	635	7,859	SH		SOLE		0	0	7,859
Eli Lilly & Co	COM	532457108	620	4,473	SH		SOLE		0	0	4,473
Emerson Electric Co	COM	291011104	243	5,100	SH		SOLE		0	0	5,100
Exxon Mobil Corp.	COM	30231g102	1,617	42,598	SH		SOLE		0	0	42,598
Fastenal Co	COM	311900104	5,038	161,230	SH		SOLE		0	0	161,230
FireEye Inc.	COM	31816Q101	199	18,900	SH		SOLE		0	0	18,900
General Electric Company	COM	369604103	165	20,843	SH		SOLE		0	0	20,843
General Mills Inc Com	COM	370334104	5,036	95,449	SH		SOLE		0	0	95,449
Home Depot, Inc.	COM	437076102	1,772	9,495	SH		SOLE		0	0	9,495
Illinois Tool Works	COM	452308109	379	2,670	SH		SOLE		0	0	2,670
Intel Corp	COM	458140100	4,873	90,055	SH		SOLE		0	0	90,055
Intl Business Machines Corp	COM	459200101	487	4,393	SH		SOLE		0	0	4,393
J.P. Morgan Chase & Co.	COM	46625h100	731	8,126	SH		SOLE		0	0	8,126
Johnson & Johnson	COM	478160104	1,249	9,525	SH		SOLE		0	0	9,525
Kimberly-Clark Corp	COM	494368103	407	3,185	SH		SOLE		0	0	3,185
Laboratory CP Amer Hldgs	COM	50540R409	2,931	23,195	SH		SOLE		0	0	23,195
Linde PLC	COM	g5494j103	2,982	17,240	SH		SOLE		0	0	17,240
Marsh & McLennan Companies, In	COM	571748102	226	2,620	SH		SOLE		0	0	2,620
Mastercard, Inc.	COM	57636q104	5,579	23,098	SH		SOLE		0	0	23,098
McDonald's Corp	COM	580135101	4,128	24,969	SH		SOLE		0	0	24,969
Medtronic Plc	COM	G5960L103	3,998	44,336	SH		SOLE		0	0	44,336
Merck & Co. Inc.	COM	58933Y105	3,733	48,531	SH		SOLE		0	0	48,531
Microsoft Corp	COM	594918104	10,074	63,883	SH		SOLE		0	0	63,883
Nextera Energy Inc.	COM	65339F101	859	3,570	SH		SOLE		0	0	3,570
Omnicom Group Inc Com	COM	681919106	2,163	39,406	SH		SOLE		0	0	39,406
Oracle Corp.	COM	68389X105	565	11,694	SH		SOLE		0	0	11,694
PPG Industries	COM	693506107	309	3,700	SH		SOLE		0	0	3,700
Paychex, Inc.	COM	704326107	487	7,755	SH		SOLE		0	0	7,755
Pepsi Co Inc	COM	713448108	4,403	36,661	SH		SOLE		0	0	36,661
Pfizer Inc.	COM	717081103	658	20,172	SH		SOLE		0	0	20,172
Procter & Gamble Co	COM	742718109	4,679	42,544	SH		SOLE		0	0	42,544
Qualcomm, Inc.	COM	747525103	200	2,960	SH		SOLE		0	0	2,960
SPDR S&P 500 ETF	COM	78462F103	1,843	7,152	SH		SOLE		0	0	7,152
Southern Co	COM	842587107	254	4,710	SH		SOLE		0	0	4,710
Stryker Corp	COM	863667101	724	4,354	SH		SOLE		0	0	4,354
Sysco Corp	COM	871829107	373	8,190	SH		SOLE		0	0	8,190
Tractor Supply Co	COM	892356106	4,019	47,536	SH		SOLE		0	0	47,536
US Bancorp	COM	902973304	1,851	53,737	SH		SOLE		0	0	53,737
United Parcel Services	COM	911312106	3,270	35,006	SH		SOLE		0	0	35,006
United Technologies Corp	COM	913017109	218	2,312	SH		SOLE		0	0	2,312
UnitedHealth Group Inc	COM	91324P102	203	818	SH		SOLE		0	0	818
VanEck Vectors Biotech ETF	COM	92189F726	1,848	14,443	SH		SOLE		0	0	14,443
Vanguard Emerging Markets VIPE	COM	922042858	268	8,014	SH		SOLE		0	0	8,014
Vanguard Europe Pacific ETF	COM	921943858	561	16,845	SH		SOLE		0	0	16,845
Vanguard FTSE All-World Ex-US	COM	922042775	824	20,109	SH		SOLE		0	0	20,109
Vanguard Small-Cap ETF	COM	922908751	1,427	12,367	SH		SOLE		0	0	12,367
Vanguard Total Stock Market ET	COM	922908769	1,595	12,380	SH		SOLE		0	0	12,380
Verizon Communications	COM	92343v104	3,802	70,773	SH		SOLE		0	0	70,773
Wal-Mart Stores	COM	931142103	5,436	47,845	SH		SOLE		0	0	47,845
Walt Disney Co.	COM	254687106	2,989	30,947	SH		SOLE		0	0	30,947
Waste Management, Inc.	COM	94106l109	286	3,090	SH		SOLE		0	0	3,090
Western Union Company	COM	959802109	2,270	125,241	SH		SOLE		0	0	125,241
Xylem Inc.	COM	98419m100	4,298	66,005	SH		SOLE		0	0	66,005
Yum! Brands Inc.	COM	988498101	317	4,638	SH		SOLE		0	0	4,638
iShares Comex Gold Trust	COM	464285105	1,780	118,120	SH		SOLE		0	0	118,120
iShares Core MSCI EAFE ETF	COM	46432f842	2,471	49,533	SH		SOLE		0	0	49,533
iShares Core MSCI Emerging Mar	COM	46434g103	3,328	82,246	SH		SOLE		0	0	82,246
iShares Core S&P 500 ETF	COM	464287200	7,873	30,471	SH		SOLE		0	0	30,471
iShares Core S&P Midcap ETF	COM	464287507	656	4,564	SH		SOLE		0	0	4,564
iShares Core S&P SmallCap ETF	COM	464287804	3,957	70,526	SH		SOLE		0	0	70,526
iShares Nasdaq Biotechnology I	COM	464287556	1,401	13,009	SH		SOLE		0	0	13,009
iShares Russell 2000 Index Fun	COM	464287655	2,465	21,542	SH		SOLE		0	0	21,542
iShares S&P Growth Allocation	COM	464289867	535	12,937	SH		SOLE		0	0	12,937
iShares Core Total US Bond Mar	COM	464287226	395	3,424	SH		SOLE		0	0	3,424
iShares iBoxx High Yield Corp	COM	464288513	1,888	24,501	SH		SOLE		0	0	24,501