Saturna Capital 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	Common Stock	88579Y101	40,458	262,202	SH		SOLE	0	262,202	0	0
Abbott Laboratories	Common Stock	002824100	20,165	410,185	SH		SOLE	0	410,185	0	0
AbbVie	Common Stock	00287Y109	25,763	383,442	SH		SOLE	0	383,442	0	0
Accenture PLC, A	Common Stock	G1151C101	305	3,149	SH		SOLE	0	3,149	0	0
Adobe Systems	Common Stock	00724F101	98,897	1,220,363	SH		SOLE	0	1,220,363	0	0
Agilent Technologies	Common Stock	00846U101	35,799	927,621	SH		SOLE	0	927,621	0	0
Agnico-Eagle Mines	Common Stock	008474108	26	900	SH		SOLE	0	900	0	0
Air Products & Chemicals	Common Stock	009158106	34,208	250,000	SH		SOLE	0	250,000	0	0
Akamai Technologies	Common Stock	00971T101	70,229	1,005,854	SH		SOLE	0	1,005,854	0	0
Akorn	Common Stock	009728106	87	2,000	SH		SOLE	0	2,000	0	0
Alamos Gold	Common Stock	011532108	99	32,500	SH		SOLE	0	32,500	0	0
Alaska Air	Common Stock	011659109	1,199	15,250	SH		SOLE	0	15,250	0	0
Alcoa	Common Stock	013817101	40	3,555	SH		SOLE	0	3,555	0	0
Alere, perp pfd conv ser B	Convt Prefrd Stock	01449J204	71	199	SH		SOLE	0	199	0	0
Alibaba Group Holding ADS	ADR	01609W102	122	1,487	SH		SOLE	0	1,487	0	0
Allergan PLC	Common Stock	G0177J108	772	2,405	SH		SOLE	0	2,405	0	0
Amazon.com	Common Stock	023135106	681	1,336	SH		SOLE	0	1,336	0	0
Ambev SA ADR	ADR	02319V103	61	10,000	SH		SOLE	0	10,000	0	0
Ameren	Common Stock	023608102	13	333	SH		SOLE	0	333	0	0
America Movil ADR	ADR	02364W105	38	1,790	SH		SOLE	0	1,790	0	0
American Electric Power	Common Stock	025537101	6	120	SH		SOLE	0	120	0	0
AmerisourceBergen Corp	Common Stock	03073E105	12	110	SH		SOLE	0	110	0	0
Amgen	Common Stock	031162100	83,084	540,609	SH		SOLE	0	540,609	0	0
Anadarko Petroleum	Common Stock	032511107	125	1,600	SH		SOLE	0	1,600	0	0
Analog Devices	Common Stock	032654105	16	250	SH		SOLE	0	250	0	0
Anglo American ADR	ADR	03485P201	152	21,000	SH		SOLE	0	21,000	0	0
Aon Corp	Common Stock	G0408V102	290	2,912	SH		SOLE	0	2,912	0	0
Apache	Common Stock	037411105	17	301	SH		SOLE	0	301	0	0
Apartment Investment & Management	Common Stock	03748R101	27	743	SH		SOLE	0	743	0	0
Apple	Common Stock	037833100	104,125	831,165	SH		SOLE	0	831,165	0	0
ARM Holdings plc ADS	ADR	042068106	124	2,511	SH		SOLE	0	2,511	0	0
Ashland	Common Stock	044209104	1,857	16,123	SH		SOLE	0	16,123	0	0
ASML Holding NV (NY)	Common Stock	N07059210	46,104	442,750	SH		SOLE	0	442,750	0	0
AstraZeneca ADS	ADR	046353108	191	3,000	SH		SOLE	0	3,000	0	0
AT&T	Common Stock	00206R102	361	10,155	SH		SOLE	0	10,155	0	0
Australia & New Zealand Banking ADS	ADR	052528304	2,080	84,000	SH		SOLE	0	84,000	0	0
Aviat Networks	Common Stock	05366Y102	1	630	SH		SOLE	0	630	0	0
Avista	Common Stock	05379B107	175	5,700	SH		SOLE	0	5,700	0	0
Baidu ADS	ADR	056752108	707	3,550	SH		SOLE	0	3,550	0	0
Banco Santander ADS	ADR	05964H105	966	137,850	SH		SOLE	0	137,850	0	0
Bank of America	Common Stock	060505104	68	4,000	SH		SOLE	0	4,000	0	0
Barrick Gold	Common Stock	067901108	15	1,400	SH		SOLE	0	1,400	0	0
BASF ADR	ADR	055262505	15,547	175,350	SH		SOLE	0	175,350	0	0
BCE	Common Stock	05534B760	2,556	60,149	SH		SOLE	0	60,149	0	0
Becton, Dickinson & Co.	Common Stock	075887109	21,248	150,000	SH		SOLE	0	150,000	0	0
Bed Bath & Beyond	Common Stock	075896100	78	1,135	SH		SOLE	0	1,135	0	0
Belmond, A	Common Stock	G1154H107	3,872	310,000	SH		SOLE	0	310,000	0	0
BHP Billiton (Australia) ADS	ADR	088606108	221	5,428	SH		SOLE	0	5,428	0	0
Biogen	Common Stock	09062X103	985	3,012	SH		SOLE	0	3,012	0	0
Bitauto Holdings Ltd. ADS	Common Stock	091727107	26	500	SH		SOLE	0	500	0	0
BlackRock	Common Stock	09247X101	2,061	6,133	SH		SOLE	0	6,133	0	0
Boardwalk Pipeline Partners LP	Common Stock	096627104	44	3,000	SH		SOLE	0	3,000	0	0
Boeing	Common Stock	097023105	1,107	7,616	SH		SOLE	0	7,616	0	0
Borg-Warner Automotive	Common Stock	099724106	1,266	25,609	SH		SOLE	0	25,609	0	0
BP plc ADS	ADR	055622104	73	1,816	SH		SOLE	0	1,816	0	0
Brandywine Realty Trust	Common Stock	105368203	5	397	SH		SOLE	0	397	0	0
Braskem SA ADS	ADR	105532105	191	22,000	SH		SOLE	0	22,000	0	0
Bristol-Myers Squibb	Common Stock	110122108	44,066	662,246	SH		SOLE	0	662,246	0	0
Cabela's	Common Stock	126804301	297	6,642	SH		SOLE	0	6,642	0	0
Canadian National Railway	Common Stock	136375102	31,624	547,600	SH		SOLE	0	547,600	0	0
Canadian Oil Sands Ltd.	Common Stock	13643E105	81	10,000	SH		SOLE	0	10,000	0	0
Canadian Solar	Common Stock	136635109	63	2,210	SH		SOLE	0	2,210	0	0
Canon ADS	ADR	138006309	423	13,050	SH		SOLE	0	13,050	0	0
Carlisle Cos	Common Stock	142339100	46,155	461,000	SH		SOLE	0	461,000	0	0
Carmax	Common Stock	143130102	111	1,680	SH		SOLE	0	1,680	0	0
Carrefour ADS	ADR	144430204	1,097	170,000	SH		SOLE	0	170,000	0	0
Celgene	Common Stock	151020104	23,147	200,000	SH		SOLE	0	200,000	0	0
Cenovus	Common Stock	15135U109	1,328	82,923	SH		SOLE	0	82,923	0	0
Charles River Laboratories	Common Stock	159864107	105	1,495	SH		SOLE	0	1,495	0	0
Chemtura Corp	Common Stock	163893209	0	10	SH		SOLE	0	10	0	0
Chevron Corporation	Common Stock	166764100	385	3,995	SH		SOLE	0	3,995	0	0
China Petroleum & Chem (Sinopec) AD	ADR	16941R108	89	1,040	SH		SOLE	0	1,040	0	0
Chubb	Common Stock	171232101	231	2,425	SH		SOLE	0	2,425	0	0
Church & Dwight	Common Stock	171340102	65,873	811,538	SH		SOLE	0	811,538	0	0
Cisco Systems	Common Stock	17275R102	55,806	2,031,848	SH		SOLE	0	2,031,848	0	0
CK Hutchison Holdings Ltd Unsponsor	ADR	12562Y100	14	590	SH		SOLE	0	590	0	0
Clorox	Common Stock	189054109	34,733	333,905	SH		SOLE	0	333,905	0	0
CNOOC Ltd ADR	ADR	126132109	667	4,700	SH		SOLE	0	4,700	0	0
Coca-Cola Co	Common Stock	191216100	53	1,340	SH		SOLE	0	1,340	0	0
Coca-Cola Femsa ADS	ADR	191241108	163	2,056	SH		SOLE	0	2,056	0	0
Coeur Mining	Common Stock	192108504	57	10,000	SH		SOLE	0	10,000	0	0
Colgate-Palmolive	Common Stock	194162103	39,907	610,108	SH		SOLE	0	610,108	0	0
Columbia Pipeline Group Inc	Common Stock	198280109	11	387	SH		SOLE	0	387	0	0
ConocoPhillips	Common Stock	20825C104	21,497	350,057	SH		SOLE	0	350,057	0	0
Convergys	Common Stock	212485106	13,035	511,383	SH		SOLE	0	511,383	0	0
Copa Holdings - A	Common Stock	P31076105	2,478	30,000	SH		SOLE	0	30,000	0	0
Corning	Common Stock	219350105	3	150	SH		SOLE	0	150	0	0
Costco Wholesale	Common Stock	22160K105	1,101	7,530	SH		SOLE	0	7,530	0	0
Culp	Common Stock	230215105	155	5,000	SH		SOLE	0	5,000	0	0
Cummins Engine	Common Stock	231021106	62	473	SH		SOLE	0	473	0	0
CVS Health Corp	Common Stock	126650100	1,215	11,186	SH		SOLE	0	11,186	0	0
Daimler AG ADS	ADR	233825108	66	725	SH		SOLE	0	725	0	0
Danaher	Common Stock	235851102	34	400	SH		SOLE	0	400	0	0
Danone ADS	ADR	23636T100	510	39,414	SH		SOLE	0	39,414	0	0
Dassault Systems ADR	ADR	237545108	4,444	60,846	SH		SOLE	0	60,846	0	0
DealerTrack Holdings	Common Stock	242309102	9	141	SH		SOLE	0	141	0	0
Delta Air Lines	Common Stock	247361702	2,143	46,907	SH		SOLE	0	46,907	0	0
Dentsply International	Common Stock	249030107	19,400	376,340	SH		SOLE	0	376,340	0	0
Devon Energy	Common Stock	25179M103	137	2,300	SH		SOLE	0	2,300	0	0
Diebold	Common Stock	253651103	14	400	SH		SOLE	0	400	0	0
Dominion Resources Inc./VA	Common Stock	25746U109	8	120	SH		SOLE	0	120	0	0
Donnelley (RR) & Sons	Common Stock	257867101	147	8,424	SH		SOLE	0	8,424	0	0
Dow Chemical	Common Stock	260543103	85	1,667	SH		SOLE	0	1,667	0	0
Duke Energy	Common Stock	26441C204	244	3,450	SH		SOLE	0	3,450	0	0
Duke Realty	Common Stock	264411505	165	8,900	SH		SOLE	0	8,900	0	0
E.I. du Pont de Nemours	Common Stock	263534109	32,205	503,600	SH		SOLE	0	503,600	0	0
E.ON ADR	ADR	268780103	107	8,000	SH		SOLE	0	8,000	0	0
Eaton Corp PLC	Common Stock	G29183103	30	448	SH		SOLE	0	448	0	0
eBay	Common Stock	278642103	14	238	SH		SOLE	0	238	0	0
Ecolab	Common Stock	278865100	782	6,726	SH		SOLE	0	6,726	0	0
Edison International	Common Stock	281020107	60	1,080	SH		SOLE	0	1,080	0	0
Eli Lilly	Common Stock	532457108	107,168	1,283,600	SH		SOLE	0	1,283,600	0	0
Embraer ADS	ADR	29082A107	140	4,612	SH		SOLE	0	4,612	0	0
EMCOR Group	Common Stock	29084Q100	34,981	731,868	SH		SOLE	0	731,868	0	0
Emerson Electric	Common Stock	291011104	24,944	450,000	SH		SOLE	0	450,000	0	0
Enbridge Energy Partners LP	Common Stock	29250R106	1,019	30,570	SH		SOLE	0	30,570	0	0
EnCana	Common Stock	292505104	205	18,558	SH		SOLE	0	18,558	0	0
Enersis ADS	ADR	29274F104	158	10,000	SH		SOLE	0	10,000	0	0
Engie Spon ADR	ADR	29286D105	161	8,625	SH		SOLE	0	8,625	0	0
Entergy MISS 1st MTG	Preferred Stock	29364N876	25	1,000	SH		SOLE	0	1,000	0	0
EOG Resources	Common Stock	26875P101	85	970	SH		SOLE	0	970	0	0
Estee Lauder - A	Common Stock	518439104	55,478	640,177	SH		SOLE	0	640,177	0	0
Expedia	Common Stock	30212P303	61	561	SH		SOLE	0	561	0	0
Exponent	Common Stock	30214U102	90	2,000	SH		SOLE	0	2,000	0	0
Express Scripts Holding	Common Stock	30219G108	59,283	666,573	SH		SOLE	0	666,573	0	0
Exxon Mobil	Common Stock	30231G102	29,912	359,519	SH		SOLE	0	359,519	0	0
F5 Networks	Common Stock	315616102	1,893	14,522	SH		SOLE	0	14,522	0	0
Facebook - A	Common Stock	30303M102	3,040	32,596	SH		SOLE	0	32,596	0	0
Fastenal	Common Stock	311900104	35,478	842,199	SH		SOLE	0	842,199	0	0
First Real Estate Investment Trust	Common Stock	Y2560E100	207	200,000	SH		SOLE	0	200,000	0	0
First Solar	Common Stock	336433107	188	4,000	SH		SOLE	0	4,000	0	0
Fiserv	Common Stock	337738108	75	900	SH		SOLE	0	900	0	0
FLEETCOR Technologies	Common Stock	339041105	2,259	14,088	SH		SOLE	0	14,088	0	0
Fomento Economico Mex ADS (FEMSA)	ADR	344419106	2,673	30,000	SH		SOLE	0	30,000	0	0
FPL Group Capital Trust I	Preferred Stock	30257v207	28	1,100	SH		SOLE	0	1,100	0	0
Freeport-McMoRan Inc	Common Stock	35671D857	365	19,624	SH		SOLE	0	19,624	0	0
Frontier Communictions	Common Stock	35906A108	0	70	SH		SOLE	0	70	0	0
Gartner	Common Stock	366651107	21,569	251,441	SH		SOLE	0	251,441	0	0
General Electric	Common Stock	369604103	356	13,400	SH		SOLE	0	13,400	0	0
General Mills	Common Stock	370334104	33,724	605,238	SH		SOLE	0	605,238	0	0
Gentex	Common Stock	371901109	23,034	1,402,826	SH		SOLE	0	1,402,826	0	0
Genuine Parts	Common Stock	372460105	45,196	504,818	SH		SOLE	0	504,818	0	0
Georgia Power CO Cl A PFD 6.125%	Preferred Stock	373334473	113	4,000	SH		SOLE	0	4,000	0	0
Gildan Activewear	Common Stock	375916103	70	2,109	SH		SOLE	0	2,109	0	0
Gilead Sciences	Common Stock	375558103	2,084	17,856	SH		SOLE	0	17,856	0	0
GlaxoSmithKline ADS	ADR	37733W105	21,444	514,850	SH		SOLE	0	514,850	0	0
Global Payments	Common Stock	37940X102	40	382	SH		SOLE	0	382	0	0
Google, A	Common Stock	38259P508	37,131	68,473	SH		SOLE	0	68,473	0	0
Google, C	Common Stock	38259P706	22	42	SH		SOLE	0	42	0	0
Great Plains Energy Inc.	Common Stock	391164100	5	197	SH		SOLE	0	197	0	0
Hain Celestial Group	Common Stock	405217100	1,174	17,096	SH		SOLE	0	17,096	0	0
Halyard Health	Common Stock	40650V100	1,529	37,745	SH		SOLE	0	37,745	0	0
Harman International Industries	Common Stock	413086109	1,300	10,979	SH		SOLE	0	10,979	0	0
Harris	Common Stock	413875105	30,353	394,660	SH		SOLE	0	394,660	0	0
HCP	Common Stock	40414L109	14	381	SH		SOLE	0	381	0	0
Health Care Property	Common Stock	42217K106	1,221	18,211	SH		SOLE	0	18,211	0	0
Hewlett-Packard	Common Stock	428236103	15	500	SH		SOLE	0	500	0	0
Home Depot	Common Stock	437076102	101	908	SH		SOLE	0	908	0	0
Honeywell International	Common Stock	438516106	42,663	417,647	SH		SOLE	0	417,647	0	0
Hong Kong & China Gas ADS	ADR	438550303	520	242,000	SH		SOLE	0	242,000	0	0
Hospira	Common Stock	441060100	4	40	SH		SOLE	0	40	0	0
HSN	Common Stock	404303109	16	224	SH		SOLE	0	224	0	0
Hudson Technologies	Common Stock	444144109	139	41,983	SH		SOLE	0	41,983	0	0
Humana	Common Stock	444859102	966	5,048	SH		SOLE	0	5,048	0	0
IAC/InterActiveCorp	Common Stock	44919P508	45	561	SH		SOLE	0	561	0	0
ICICI Bank ADS	ADR	45104G104	70	6,672	SH		SOLE	0	6,672	0	0
Idacorp	Common Stock	451107106	780	13,900	SH		SOLE	0	13,900	0	0
Illinois Tool Works	Common Stock	452308109	47,173	513,925	SH		SOLE	0	513,925	0	0
Infosys ADS	ADR	456788108	25,360	1,600,000	SH		SOLE	0	1,600,000	0	0
Innovation Group PLC	Common Stock	G47832103	49	100,000	SH		SOLE	0	100,000	0	0
Integrated Device Technology	Common Stock	458118106	87	4,030	SH		SOLE	0	4,030	0	0
Intel	Common Stock	458140100	30,869	1,014,930	SH		SOLE	0	1,014,930	0	0
International Business Machines	Common Stock	459200101	615	3,780	SH		SOLE	0	3,780	0	0
International Flavors & Fragrances	Common Stock	459506101	58	529	SH		SOLE	0	529	0	0
Interval Leisure Group	Common Stock	46113M108	5	224	SH		SOLE	0	224	0	0
Intuit	Common Stock	461202103	79,783	791,354	SH		SOLE	0	791,354	0	0
Invesco	Common Stock	G491BT108	1,321	33,992	SH		SOLE	0	33,992	0	0
Iron Mountain	Common Stock	46284V101	17	546	SH		SOLE	0	546	0	0
iShares Russell 2000	Common Stock	464287655	30	238	SH		SOLE	0	238	0	0
Itau Unibanco Holding ADS prf	ADR	465562106	193	17,670	SH		SOLE	0	17,670	0	0
JM Smucker	Common Stock	832696405	27,139	250,340	SH		SOLE	0	250,340	0	0
Johnson & Johnson	Common Stock	478160104	75,654	776,258	SH		SOLE	0	776,258	0	0
Johnson Controls	Common Stock	478366107	31,221	631,698	SH		SOLE	0	631,698	0	0
Jones Lang LaSalle	Common Stock	48020Q107	120	700	SH		SOLE	0	700	0	0
JP Morgan Chase	Common Stock	46625H100	131	1,940	SH		SOLE	0	1,940	0	0
Key	Common Stock	493267108	19	1,272	SH		SOLE	0	1,272	0	0
Keysight Technologies	Common Stock	49338L103	14,927	478,701	SH		SOLE	0	478,701	0	0
Kimberly-Clark	Common Stock	494368103	32,101	302,925	SH		SOLE	0	302,925	0	0
Kinder Morgan Inc Kansas	Common Stock	49456B101	350	9,126	SH		SOLE	0	9,126	0	0
Knight Transportation	Common Stock	499064103	33	1,237	SH		SOLE	0	1,237	0	0
Koninklijke Philips NV (NY)	Common Stock	500472303	629	24,716	SH		SOLE	0	24,716	0	0
Korea Electric Power ADS	ADR	500631106	407	20,000	SH		SOLE	0	20,000	0	0
LATAM Airlines ADS	ADR	51817R106	174	24,740	SH		SOLE	0	24,740	0	0
Lenovo Group ADR	ADR	526250105	170	6,150	SH		SOLE	0	6,150	0	0
LifePoint Hospitals	Common Stock	53219L109	51	581	SH		SOLE	0	581	0	0
Lincoln Electric Holdings	Common Stock	533900106	30,518	501,200	SH		SOLE	0	501,200	0	0
Lincoln National	Common Stock	534187109	10	177	SH		SOLE	0	177	0	0
Linde AG ADS	Common Stock	535223200	52	2,725	SH		SOLE	0	2,725	0	0
LinkedIn, A	Common Stock	53578A108	18	86	SH		SOLE	0	86	0	0
Lowe's	Common Stock	548661107	54,615	814,839	SH		SOLE	0	814,839	0	0
Mastercard, A	Common Stock	57636Q104	1,161	11,871	SH		SOLE	0	11,871	0	0
McCormick & Co	Common Stock	579780206	24,487	302,500	SH		SOLE	0	302,500	0	0
Mead Johnson Nutrition	Common Stock	582839106	1,209	13,396	SH		SOLE	0	13,396	0	0
Medivation	Common Stock	58501N101	1,574	15,222	SH		SOLE	0	15,222	0	0
Memorial Production Partners	Common Stock	586048100	267	18,000	SH		SOLE	0	18,000	0	0
MercadoLibre	Common Stock	58733R102	2,510	17,714	SH		SOLE	0	17,714	0	0
Merck & Co	Common Stock	58933Y105	253	4,445	SH		SOLE	0	4,445	0	0
Methanex	Common Stock	59151K108	17,811	320,000	SH		SOLE	0	320,000	0	0
Metso ADS	ADR	592671101	137	20,000	SH		SOLE	0	20,000	0	0
Microchip Technology	Common Stock	595017104	30,476	643,751	SH		SOLE	0	643,751	0	0
Micron Technology	Common Stock	595112103	582	30,918	SH		SOLE	0	30,918	0	0
Microsoft	Common Stock	594918104	41,569	939,899	SH		SOLE	0	939,899	0	0
Middleby	Common Stock	596278101	770	6,202	SH		SOLE	0	6,202	0	0
Mindray Medical International ADR	ADR	602675100	371	13,000	SH		SOLE	0	13,000	0	0
Mitsubishi UFJ Financial ADR	ADR	606822104	2,166	300,000	SH		SOLE	0	300,000	0	0
Monster Beverage	Common Stock	61174X109	1,501	11,200	SH		SOLE	0	11,200	0	0
Moody's	Common Stock	615369105	826	7,655	SH		SOLE	0	7,655	0	0
Morningstar	Common Stock	617700109	80	1,000	SH		SOLE	0	1,000	0	0
Motorola Solutions	Common Stock	620076307	5	95	SH		SOLE	0	95	0	0
MTN Group LTD - ADS	ADR	62474M108	205	10,900	SH		SOLE	0	10,900	0	0
National Fuel Gas	Common Stock	636180101	10,011	170,000	SH		SOLE	0	170,000	0	0
National Grid PLC ADS	ADR	636274300	433	6,713	SH		SOLE	0	6,713	0	0
National Oilwell Varco	Common Stock	637071101	1,172	28,477	SH		SOLE	0	28,477	0	0
Nestle SA ADS	ADR	641069406	197	2,727	SH		SOLE	0	2,727	0	0
Newmont Mining	Common Stock	651639106	16	700	SH		SOLE	0	700	0	0
News Corp. Cl A	Common Stock	65249B109	1	82	SH		SOLE	0	82	0	0
NextEra Energy	Common Stock	65339F101	123	1,250	SH		SOLE	0	1,250	0	0
Nice Systems ADS	ADR	653656108	5,087	80,000	SH		SOLE	0	80,000	0	0
Nidec ADS	ADR	654090109	998	53,406	SH		SOLE	0	53,406	0	0
Nike, Cl B	Common Stock	654106103	42,073	389,061	SH		SOLE	0	389,061	0	0
Nintendo	ADR	654445303	2	86	SH		SOLE	0	86	0	0
NiSource	Common Stock	65473P105	18	387	SH		SOLE	0	387	0	0
Noble Energy	Common Stock	655044105	19	436	SH		SOLE	0	436	0	0
Nordstrom	Common Stock	655664100	30	400	SH		SOLE	0	400	0	0
Norfolk Southern	Common Stock	655844108	44,178	505,700	SH		SOLE	0	505,700	0	0
Northern Trust	Common Stock	665859104	76	1,000	SH		SOLE	0	1,000	0	0
Novartis ADR	ADR	66987V109	106,232	1,080,256	SH		SOLE	0	1,080,256	0	0
Novo Nordisk ADS	ADR	670100205	65,304	1,192,549	SH		SOLE	0	1,192,549	0	0
Novozymes A/S ADR	ADR	670108109	95	2,000	SH		SOLE	0	2,000	0	0
NRG Energy	Common Stock	629377508	114	5,000	SH		SOLE	0	5,000	0	0
Nucor	Common Stock	670346105	167	3,800	SH		SOLE	0	3,800	0	0
NXP Semiconductors NV	Common Stock	N6596X109	113	1,146	SH		SOLE	0	1,146	0	0
NXT Energy Solutions	Common Stock	62948Q107	105	54,522	SH		SOLE	0	54,522	0	0
NY Community Bancorp	Common Stock	649445103	184	10,000	SH		SOLE	0	10,000	0	0
Oracle	Common Stock	68389X105	27,660	686,571	SH		SOLE	0	686,571	0	0
Orange SA ADS	ADR	684060106	154	10,000	SH		SOLE	0	10,000	0	0
Paragon Offshore PLC	Common Stock	G6S01W108	7	6,212	SH		SOLE	0	6,212	0	0
PAREXEL International	Common Stock	699462107	257	4,000	SH		SOLE	0	4,000	0	0
Parker Hannifin	Common Stock	701094104	32,078	275,754	SH		SOLE	0	275,754	0	0
Pearson ADS	ADR	705015105	7,658	403,890	SH		SOLE	0	403,890	0	0
Pennsylvania REIT	Common Stock	709102107	7	350	SH		SOLE	0	350	0	0
PepsiCo	Common Stock	713448108	88,924	952,688	SH		SOLE	0	952,688	0	0
Pfizer	Common Stock	717081103	41,429	1,235,592	SH		SOLE	0	1,235,592	0	0
Philippine Long Distance ADS	ADR	718252604	199	3,200	SH		SOLE	0	3,200	0	0
Phillips 66	Common Stock	718546104	18,092	224,572	SH		SOLE	0	224,572	0	0
PIMCO Commercial Mortgage Secs	Common Stock	69323T101	5	500	SH		SOLE	0	500	0	0
Plum Creek Timber	Common Stock	729251108	363	8,943	SH		SOLE	0	8,943	0	0
PNC Financial Services Group	Common Stock	693475105	130	1,355	SH		SOLE	0	1,355	0	0
Polaris Industries	Common Stock	731068102	2,177	14,973	SH		SOLE	0	14,973	0	0
Potash Corp of Saskatchewan	Common Stock	73755L107	37,643	1,215,451	SH		SOLE	0	1,215,451	0	0
Power Solutions International	Common Stock	73933G202	698	19,156	SH		SOLE	0	19,156	0	0
PPG Industries	Common Stock	693506107	45,888	400,000	SH		SOLE	0	400,000	0	0
Praxair	Common Stock	74005P104	26,519	221,825	SH		SOLE	0	221,825	0	0
Procter & Gamble	Common Stock	742718109	32,172	411,196	SH		SOLE	0	411,196	0	0
Public Storage International	Common Stock	74460D109	83	450	SH		SOLE	0	450	0	0
Qualcomm	Common Stock	747525103	51,450	821,499	SH		SOLE	0	821,499	0	0
Raymond James Financial	Common Stock	754730109	332	5,568	SH		SOLE	0	5,568	0	0
Raytheon	Common Stock	755111507	42	444	SH		SOLE	0	444	0	0
Regal-Beloit	Common Stock	758750103	18,042	248,550	SH		SOLE	0	248,550	0	0
Regions Financial	Common Stock	7591EP100	14	1,329	SH		SOLE	0	1,329	0	0
Rio Tinto PLC ADS	ADR	767204100	314	7,628	SH		SOLE	0	7,628	0	0
Rockwell Automation	Common Stock	773903109	40,565	325,454	SH		SOLE	0	325,454	0	0
Royal Dutch Shell ADS, A	ADR	780259206	229	4,015	SH		SOLE	0	4,015	0	0
RPM International	Common Stock	749685103	8,971	183,200	SH		SOLE	0	183,200	0	0
Sabana Shariah Comp Indl REIT	Common Stock	Y7368R104	575	910,000	SH		SOLE	0	910,000	0	0
Salesforce.com	Common Stock	79466L302	56	810	SH		SOLE	0	810	0	0
Sanderson Farms	Common Stock	800013104	105	1,400	SH		SOLE	0	1,400	0	0
SanDisk	Common Stock	80004C101	21,589	370,813	SH		SOLE	0	370,813	0	0
Sanofi ADR	ADR	80105N105	1,420	28,675	SH		SOLE	0	28,675	0	0
SAP SE ADS	ADR	803054204	22,261	316,979	SH		SOLE	0	316,979	0	0
Sasol ADS	ADR	803866300	519	14,000	SH		SOLE	0	14,000	0	0
Schlumberger Ltd	Common Stock	806857108	100	1,160	SH		SOLE	0	1,160	0	0
Sempra Energy	Common Stock	816851109	212	2,140	SH		SOLE	0	2,140	0	0
Semtech	Common Stock	816850101	26	1,330	SH		SOLE	0	1,330	0	0
Senior Housing PPTYS Trust	Common Stock	81721M109	172	9,800	SH		SOLE	0	9,800	0	0
Shire ADS	ADR	82481r106	2,497	10,342	SH		SOLE	0	10,342	0	0
Signature Bank	Common Stock	82669G104	713	4,859	SH		SOLE	0	4,859	0	0
Simon Property Group	Common Stock	828806109	69	400	SH		SOLE	0	400	0	0
Singapore Telecom ADR	ADR	82929R304	297	9,500	SH		SOLE	0	9,500	0	0
SK Telecom ADR	ADR	78440P108	1,338	53,975	SH		SOLE	0	53,975	0	0
South 32	ADR	84473L105	142	21,171	SH		SOLE	0	21,171	0	0
Southwest Airlines	Common Stock	844741108	33	1,000	SH		SOLE	0	1,000	0	0
Spark New Zealand ADS	ADR	84652A102	40	4,266	SH		SOLE	0	4,266	0	0
SPDR Gold Trust GS	Common Stock	78463V107	38	337	SH		SOLE	0	337	0	0
SPDR S&P Midcap 400 ETF	Common Stock	78467Y107	27	99	SH		SOLE	0	99	0	0
Spectra Energy	Common Stock	847560109	204	6,258	SH		SOLE	0	6,258	0	0
Splunk Inc	Common Stock	848637104	588	8,468	SH		SOLE	0	8,468	0	0
Stage Stores	Common Stock	85254C305	61	3,487	SH		SOLE	0	3,487	0	0
Stanley Black & Decker	Common Stock	854502101	11,065	105,109	SH		SOLE	0	105,109	0	0
Staples	Common Stock	855030102	5	301	SH		SOLE	0	301	0	0
Starbucks	Common Stock	855244109	1,147	20,376	SH		SOLE	0	20,376	0	0
State Street	Common Stock	857477103	41	528	SH		SOLE	0	528	0	0
Statoil ASA ADS	ADR	85771P102	1,382	77,182	SH		SOLE	0	77,182	0	0
Stericycle	Common Stock	858912108	35	260	SH		SOLE	0	260	0	0
Stryker	Common Stock	863667101	28,671	300,000	SH		SOLE	0	300,000	0	0
Suburban Propane Partners LP	Common Stock	864482104	259	6,500	SH		SOLE	0	6,500	0	0
Sun Hydraulics	Common Stock	866942105	95	2,500	SH		SOLE	0	2,500	0	0
SVB Financial Group	Common Stock	78486Q101	768	5,138	SH		SOLE	0	5,138	0	0
Swire Pacific ADS A	ADR	870794302	2	169	SH		SOLE	0	169	0	0
Synchronoss Technologies	Common Stock	87157B103	686	15,000	SH		SOLE	0	15,000	0	0
Taiwan Semiconductor ADS	ADR	874039100	63,157	2,781,017	SH		SOLE	0	2,781,017	0	0
Targa Res Partners LP	Common Stock	87611X105	68	1,752	SH		SOLE	0	1,752	0	0
Target	Common Stock	87612E106	24	300	SH		SOLE	0	300	0	0
TCW Convertible Securities Fund	Common Stock	872340104	2	375	SH		SOLE	0	375	0	0
TE Connectivity	Common Stock	H84989104	99	1,546	SH		SOLE	0	1,546	0	0
Teekay LNG Partners LP	Common Stock	Y8564M105	391	12,150	SH		SOLE	0	12,150	0	0
Telefonica ADS	ADR	879382208	1,855	130,617	SH		SOLE	0	130,617	0	0
Telefonica Brasil ADR	ADR	87936R106	209	15,000	SH		SOLE	0	15,000	0	0
Telekomunikasi Indonesia ADS	ADR	715684106	1,154	26,600	SH		SOLE	0	26,600	0	0
Telenor ASA ADR	ADR	87944W105	176	2,678	SH		SOLE	0	2,678	0	0
Telephone & Data Sys 6.625% Pfd	Preferred Stock	879433852	52	2,100	SH		SOLE	0	2,100	0	0
Telstra ADR	ADR	87969N204	189	8,000	SH		SOLE	0	8,000	0	0
Telus	Common Stock	87971M103	2,376	68,983	SH		SOLE	0	68,983	0	0
The Chemours Company	Common Stock	163851108	0	100,720	SH		SOLE	0	100,720	0	0
TJX Companies	Common Stock	872540109	55,089	831,102	SH		SOLE	0	831,102	0	0
Toronto-Dominion Bank	Common Stock	891160509	4,055	95,387	SH		SOLE	0	95,387	0	0
Total ADS	ADR	89151E109	2,680	54,500	SH		SOLE	0	54,500	0	0
Toyota Motor ADS	ADR	892331307	4,448	33,254	SH		SOLE	0	33,254	0	0
Trimble Navigation	Common Stock	896239100	40,696	1,734,705	SH		SOLE	0	1,734,705	0	0
TripAdvisor -A	Common Stock	896945201	139	1,600	SH		SOLE	0	1,600	0	0
Tupperware	Common Stock	899896104	84	1,300	SH		SOLE	0	1,300	0	0
Turkcell Iletisim Hizmetleri ADR	ADR	900111204	1,321	115,000	SH		SOLE	0	115,000	0	0
Twenty-First Century Fox - A	Common Stock	90130A101	11	330	SH		SOLE	0	330	0	0
Ultralife	Common Stock	903899102	42	10,000	SH		SOLE	0	10,000	0	0
Under Armour	Common Stock	904311107	1,308	13,243	SH		SOLE	0	13,243	0	0
Unilever ADS	ADR	904767704	18,288	425,700	SH		SOLE	0	425,700	0	0
Unilever N.V.	Common Stock	904784709	440	10,514	SH		SOLE	0	10,514	0	0
Union Pacific	Common Stock	907818108	54,748	574,215	SH		SOLE	0	574,215	0	0
United Parcel Service, B	Common Stock	911312106	78,944	814,612	SH		SOLE	0	814,612	0	0
United Technologies	Common Stock	913017109	27,932	251,797	SH		SOLE	0	251,797	0	0
UnitedHealth Group	Common Stock	91324P102	577	4,730	SH		SOLE	0	4,730	0	0
Valmont Industries	Common Stock	920253101	99	833	SH		SOLE	0	833	0	0
VCA	Common Stock	918194101	34,210	628,800	SH		SOLE	0	628,800	0	0
Verizon Communications	Common Stock	92343V104	72	1,550	SH		SOLE	0	1,550	0	0
VF Corp	Common Stock	918204108	837	12,000	SH		SOLE	0	12,000	0	0
Vodafone Group ADS	ADR	92857W308	95	2,605	SH		SOLE	0	2,605	0	0
W.W. Grainger	Common Stock	384802104	35,914	151,760	SH		SOLE	0	151,760	0	0
Walgreens Boots Alliance	Common Stock	931427108	151	1,794	SH		SOLE	0	1,794	0	0
Walt Disney Company	Common Stock	254687106	362	3,261	SH		SOLE	0	3,261	0	0
Waste Connections	Common Stock	941053100	23	496	SH		SOLE	0	496	0	0
Weatherford International	Common Stock	G48833100	32	2,580	SH		SOLE	0	2,580	0	0
Wells Fargo & Co	Common Stock	949746101	130	2,315	SH		SOLE	0	2,315	0	0
Western Digital	Common Stock	958102105	941	12,000	SH		SOLE	0	12,000	0	0
Whistler Blackcomb Holdings	Common Stock	96336D955	110	7,000	SH		SOLE	0	7,000	0	0