Vision Capital 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
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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
AEGON N V PRP CP SEC 6.375	ps	007924301	641	24,345	SH		SOLE		24,345	0	0
FEDERAL NATL MTG ASSN PFD 8.25	ps	313586737	62	13,300	SH		SOLE		13,300	0	0
GOLDMAN SACHS GP PREFERRED	ps	38143y665	757	36,690	SH		SOLE		36,690	0	0
TCF FINANCIAL PFD 6.45%	ps	872277405	324	12,400	SH		SOLE		12,400	0	0
TCF FINANCIAL PFD 7.50%	ps	872277207	458	17,350	SH		SOLE		17,350	0	0
ABBVIE INC COM	cs	00287Y109	4,166	67,293	SH		SOLE		67,293	0	0
ALLERGAN PLC SHS	cs	G0177J108	2,931	12,683	SH		SOLE		12,683	0	0
ALPHABET INC CAP STK CL A	cs	02079K305	8,694	12,358	SH		SOLE		12,358	0	0
AMAZON COM INC COM	cs	023135106	9,211	12,871	SH		SOLE		12,871	0	0
AMERISOURCEBERGEN CORP COM	cs	03073E105	3,510	44,250	SH		SOLE		44,250	0	0
APPLE INC COM	cs	037833100	13,784	144,183	SH		SOLE		144,183	0	0
ASSOCIATES FIRST CAP CP RESIDU	cs	046008207	0	12,275	SH		SOLE		12,275	0	0
AT&T INC COM	cs	00206R102	1,061	24,548	SH		SOLE		24,548	0	0
BERKSHIRE HATHAWAY CL A	cs	084670108	217	100	SH		SOLE		100	0	0
BERKSHIRE HATHAWAY CL B	cs	084670702	7,401	51,114	SH		SOLE		51,114	0	0
BLACKROCK INC COM	cs	09247X101	878	2,564	SH		SOLE		2,564	0	0
BOEING CO COM	cs	097023105	329	2,531	SH		SOLE		2,531	0	0
BROADRIDGE FINL SOLUTIONS INC	cs	11133T103	2,605	39,950	SH		SOLE		39,950	0	0
C H ROBINSON WORLDWIDE INC COM	cs	12541W209	2,136	28,770	SH		SOLE		28,770	0	0
CARMAX INC COM	cs	143130102	2,994	61,066	SH		SOLE		61,066	0	0
CHEVRON CORP NEW COM	cs	166764100	256	2,445	SH		SOLE		2,445	0	0
CISCO SYS INC COM	cs	17275R102	350	12,199	SH		SOLE		12,199	0	0
COGNIZANT TECHNOLOGY SOLUTIONS	cs	192446102	2,620	45,765	SH		SOLE		45,765	0	0
COLGATE PALMOLIVE CO COM	cs	194162103	602	8,220	SH		SOLE		8,220	0	0
COSTCO WHSL CORP NEW COM	cs	22160K105	2,243	14,285	SH		SOLE		14,285	0	0
CVS HEALTH CORP COM	cs	126650100	1,585	16,553	SH		SOLE		16,553	0	0
DISCOVER FINL SVCS COM	cs	254709108	4,406	82,217	SH		SOLE		82,217	0	0
DISNEY WALT CO COM DISNEY	cs	254687106	3,435	35,116	SH		SOLE		35,116	0	0
DOWNEY FINANCIAL CORP	cs	261018105	0	67,008	SH		SOLE		67,008	0	0
EDISON INTL COM	cs	281020107	1,679	21,611	SH		SOLE		21,611	0	0
ELECTRONIC ARTS INC COM	cs	285512109	2,147	28,345	SH		SOLE		28,345	0	0
EXXON MOBIL CORP COM	cs	30231G102	314	3,354	SH		SOLE		3,354	0	0
FACEBOOK INC CL A	cs	30303M102	1,842	16,117	SH		SOLE		16,117	0	0
FIREEYE INC COM	cs	31816Q101	2,862	173,769	SH		SOLE		173,769	0	0
FRONTIER COMMUNICATIONS CORP C	cs	35906A108	53	10,810	SH		SOLE		10,810	0	0
GILEAD SCIENCES INC COM	cs	375558103	4,688	56,203	SH		SOLE		56,203	0	0
HAVERTY FURNITURE COS	cs	419596101	363	20,154	SH		SOLE		20,154	0	0
HOLLYFRONTIER CORP COM	cs	436106108	788	33,165	SH		SOLE		33,165	0	0
HOLOGIC INC COM	cs	436440101	216	6,240	SH		SOLE		6,240	0	0
HONEYWELL INTL INC COM	cs	438516106	5,515	47,410	SH		SOLE		47,410	0	0
INTEL CORP COM	cs	458140100	209	6,365	SH		SOLE		6,365	0	0
JOHNSON & JOHNSON COM	cs	478160104	1,138	9,381	SH		SOLE		9,381	0	0
KROGER CO COM	cs	501044101	4,394	119,425	SH		SOLE		119,425	0	0
LAUDER ESTEE COS INC CL A	cs	518439104	3,609	39,646	SH		SOLE		39,646	0	0
LOCKHEED MARTIN CORP COM	cs	539830109	3,419	13,776	SH		SOLE		13,776	0	0
MERCHANTS BANCORP	cs	588436105	18	25,667	SH		SOLE		25,667	0	0
MICROSOFT CORP COM	cs	594918104	2,688	52,527	SH		SOLE		52,527	0	0
NEXTERA ENERGY INC COM	cs	65339F101	3,453	26,482	SH		SOLE		26,482	0	0
NIKE INC CL B	cs	654106103	1,969	35,677	SH		SOLE		35,677	0	0
NVR INC COM	cs	62944T105	3,842	2,158	SH		SOLE		2,158	0	0
PAYPAL HLDGS INC COM	cs	70450Y103	3,582	98,115	SH		SOLE		98,115	0	0
PIONEER NAT RES CO COM	cs	723787107	2,222	14,693	SH		SOLE		14,693	0	0
QUALCOMM INC COM	cs	747525103	284	5,295	SH		SOLE		5,295	0	0
SHERWIN WILLIAMS CO COM	cs	824348106	5,533	18,842	SH		SOLE		18,842	0	0
SKECHERS U S A INC CL A	cs	830566105	2,050	68,980	SH		SOLE		68,980	0	0
SKYWORKS SOLUTIONS INC COM	cs	83088M102	2,301	36,359	SH		SOLE		36,359	0	0
STARBUCKS CORP COM	cs	855244109	5,156	90,263	SH		SOLE		90,263	0	0
STARWOOD HOTELS&RESORTS WRLDWD	cs	85590A401	4,133	55,889	SH		SOLE		55,889	0	0
STERICYCLE INC COM	cs	858912108	2,997	28,783	SH		SOLE		28,783	0	0
SYSCO CORP COM	cs	871829107	1,892	37,280	SH		SOLE		37,280	0	0
TD AMERITRADE HLDG CORP COM	cs	87236Y108	3,212	112,800	SH		SOLE		112,800	0	0
UNITED TECHNOLOGIES CORP COM	cs	913017109	3,620	35,302	SH		SOLE		35,302	0	0
V F CORP COM	cs	918204108	2,468	40,143	SH		SOLE		40,143	0	0
VERIZON COMMUNICATIONS INC COM	cs	92343V104	7,251	129,857	SH		SOLE		129,857	0	0
VISA INC COM CL A	cs	92826C839	4,221	56,906	SH		SOLE		56,906	0	0
WELLS FARGO & CO NEW COM	cs	949746101	431	9,115	SH		SOLE		9,115	0	0
WHITEWAVE FOODS COMPANY	cs	966244105	3,412	72,691	SH		SOLE		72,691	0	0
WILLIAMS SONOMA INC COM	cs	969904101	362	6,950	SH		SOLE		6,950	0	0
ZOETIS INC CL A	cs	98978V103	3,425	72,160	SH		SOLE		72,160	0	0
AMERICAN BALANCED FD CL A	cs	024071102	204	8,278	SH		SOLE		8,278	0	0
INVESTMENT CO AMER CL A	cs	461308108	339	9,565	SH		SOLE		9,565	0	0
TEMPLETON FDS INC FOREIGN FD A	cs	880196209	95	14,843	SH		SOLE		14,843	0	0
VANGUARD SPECIALIZED PORTFOLIO	cs	921908604	320	13,685	SH		SOLE		13,685	0	0
ISHARES CORE S&P MID CAP ETF	et	464287507	10,763	72,045	SH		SOLE		72,045	0	0
ISHARES MRNGSTR LARGE CAP GROW	et	464287119	289	2,466	SH		SOLE		2,466	0	0
ISHARES RUSSELL 1000 GROWTH ET	et	464287614	218	2,170	SH		SOLE		2,170	0	0
ISHARES RUSSELL 2000 INDEX ETF	et	464287655	261	2,266	SH		SOLE		2,266	0	0
ISHARES TR CORE S&P500 ETF	et	464287200	9,356	44,447	SH		SOLE		44,447	0	0
ISHARES TR RUS 1000 ETF	et	464287622	560	4,794	SH		SOLE		4,794	0	0
ISHARES TR S&P SMALLCAP 600	et	464287804	5,671	48,801	SH		SOLE		48,801	0	0
VANGUARD FTSE DEVELOPED MARKET	et	921943858	9,852	278,615	SH		SOLE		278,615	0	0
VANGUARD FTSE EMERGING MARKETS	et	922042858	3,272	92,875	SH		SOLE		92,875	0	0
VANGUARD INDEX FDS REIT ETF	et	922908553	6,216	70,104	SH		SOLE		70,104	0	0
VANGUARD S&P 500 INDEX ETF	et	922908363	7,282	37,889	SH		SOLE		37,889	0	0