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
FEDERAL NATL MTG ASSN PFD 8.25	ps	313586737	102	12,400	SH		SOLE		12,400	0	0
ABBVIE INC COM	cs	00287Y109	4,879	50,454	SH		SOLE		50,454	0	0
ACCENTURE PLC	cs	G1151C101	625	4,080	SH		SOLE		4,080	0	0
ADOBE SYSTEMS INC	cs	00724F101	1,568	8,949	SH		SOLE		8,949	0	0
ALASKA AIR GROUP INC COM	cs	011659109	563	7,655	SH		SOLE		7,655	0	0
ALLERGAN PLC SHS	cs	G0177J108	2,709	16,559	SH		SOLE		16,559	0	0
ALPHABET INC CAP STK CL A	cs	02079K305	10,292	9,770	SH		SOLE		9,770	0	0
AMAZON COM INC COM	cs	023135106	11,612	9,929	SH		SOLE		9,929	0	0
AMERCO COM	cs	023586100	1,696	4,487	SH		SOLE		4,487	0	0
APPLE INC COM	cs	037833100	17,216	101,733	SH		SOLE		101,733	0	0
ASSOCIATES FIRST CAP CP RESIDU	cs	046008207	0	12,275	SH		SOLE		12,275	0	0
AT&T INC COM	cs	00206R102	468	12,032	SH		SOLE		12,032	0	0
BERKSHIRE HATHAWAY CL A	cs	084670108	298	100	SH		SOLE		100	0	0
BERKSHIRE HATHAWAY CL B	cs	084670702	3,989	20,125	SH		SOLE		20,125	0	0
BLACKROCK INC COM	cs	09247X101	1,774	3,454	SH		SOLE		3,454	0	0
BLUE BUFFALO PET PRODUCTS INC	cs	09531U102	2,233	68,100	SH		SOLE		68,100	0	0
BOEING CO COM	cs	097023105	465	1,577	SH		SOLE		1,577	0	0
BROADRIDGE FINL SOLUTIONS INC	cs	11133T103	4,502	49,705	SH		SOLE		49,705	0	0
C H ROBINSON WORLDWIDE INC COM	cs	12541W209	4,848	54,413	SH		SOLE		54,413	0	0
CARMAX INC COM	cs	143130102	2,577	40,177	SH		SOLE		40,177	0	0
CHEVRON CORP NEW COM	cs	166764100	387	3,090	SH		SOLE		3,090	0	0
CISCO SYS INC COM	cs	17275R102	1,375	35,901	SH		SOLE		35,901	0	0
COGNIZANT TECHNOLOGY SOLUTIONS	cs	192446102	3,584	50,469	SH		SOLE		50,469	0	0
COLGATE PALMOLIVE CO COM	cs	194162103	1,213	16,075	SH		SOLE		16,075	0	0
COSTCO WHSL CORP NEW COM	cs	22160K105	3,672	19,731	SH		SOLE		19,731	0	0
CVS HEALTH CORP COM	cs	126650100	3,027	41,757	SH		SOLE		41,757	0	0
DISCOVER FINL SVCS COM	cs	254709108	5,600	72,807	SH		SOLE		72,807	0	0
DISNEY WALT CO COM DISNEY	cs	254687106	5,383	50,069	SH		SOLE		50,069	0	0
DOWNEY FINANCIAL CORP	cs	261018105	0	67,008	SH		SOLE		67,008	0	0
DUKE ENERGY CORP NEW COM	cs	26441C204	212	2,526	SH		SOLE		2,526	0	0
EDISON INTL COM	cs	281020107	379	6,000	SH		SOLE		6,000	0	0
ELECTRONIC ARTS INC COM	cs	285512109	2,941	27,997	SH		SOLE		27,997	0	0
EXXON MOBIL CORP COM	cs	30231G102	451	5,395	SH		SOLE		5,395	0	0
FACEBOOK INC CL A	cs	30303M102	4,095	23,204	SH		SOLE		23,204	0	0
FARMERS & MERCHANTS BANCORP CA	cs	307795104	514	761	SH		SOLE		761	0	0
FIREEYE INC COM	cs	31816Q101	1,612	113,529	SH		SOLE		113,529	0	0
GILEAD SCIENCES INC COM	cs	375558103	3,945	55,068	SH		SOLE		55,068	0	0
HAVERTY FURNITURE COS	cs	419596101	444	19,621	SH		SOLE		19,621	0	0
HOLLYFRONTIER CORP COM	cs	436106108	2,851	55,660	SH		SOLE		55,660	0	0
HONEYWELL INTL INC COM	cs	438516106	6,391	41,674	SH		SOLE		41,674	0	0
INTEL CORP COM	cs	458140100	227	4,925	SH		SOLE		4,925	0	0
IQVIA HOLDINGS	cs	46266C105	2,389	24,406	SH		SOLE		24,406	0	0
JOHNSON & JOHNSON COM	cs	478160104	2,528	18,097	SH		SOLE		18,097	0	0
LAUDER ESTEE COS INC CL A	cs	518439104	5,338	41,955	SH		SOLE		41,955	0	0
LOCKHEED MARTIN CORP COM	cs	539830109	4,759	14,824	SH		SOLE		14,824	0	0
MARRIOTT INTL INC NEW CL A	cs	571903202	5,274	38,854	SH		SOLE		38,854	0	0
MICROSOFT CORP COM	cs	594918104	2,834	33,129	SH		SOLE		33,129	0	0
MIDDLEBY CORP COM	cs	596278101	1,953	14,470	SH		SOLE		14,470	0	0
NEXTERA ENERGY INC COM	cs	65339F101	1,093	7,000	SH		SOLE		7,000	0	0
NIKE INC CL B	cs	654106103	3,139	50,182	SH		SOLE		50,182	0	0
NVR INC COM	cs	62944T105	5,725	1,632	SH		SOLE		1,632	0	0
PAYPAL HLDGS INC COM	cs	70450Y103	5,021	68,203	SH		SOLE		68,203	0	0
QUALCOMM INC COM	cs	747525103	796	12,440	SH		SOLE		12,440	0	0
RETAIL PPTYS AMER INC CL A	cs	76131V202	214	15,942	SH		SOLE		15,942	0	0
SHERWIN WILLIAMS CO COM	cs	824348106	6,890	16,804	SH		SOLE		16,804	0	0
SKYWORKS SOLUTIONS INC COM	cs	83088M102	1,616	17,021	SH		SOLE		17,021	0	0
STARBUCKS CORP COM	cs	855244109	4,972	86,570	SH		SOLE		86,570	0	0
STERICYCLE INC COM	cs	858912108	1,911	28,114	SH		SOLE		28,114	0	0
SYSCO CORP COM	cs	871829107	4,184	68,888	SH		SOLE		68,888	0	0
TD AMERITRADE HLDG CORP COM	cs	87236Y108	4,632	90,594	SH		SOLE		90,594	0	0
UNITED PARCEL SERVICE INC CL B	cs	911312106	1,315	11,035	SH		SOLE		11,035	0	0
UNITED TECHNOLOGIES CORP COM	cs	913017109	4,369	34,247	SH		SOLE		34,247	0	0
US BANCORP DEL COM NEW	cs	902973304	555	10,354	SH		SOLE		10,354	0	0
V F CORP COM	cs	918204108	783	10,580	SH		SOLE		10,580	0	0
VERIZON COMMUNICATIONS INC COM	cs	92343V104	4,955	93,610	SH		SOLE		93,610	0	0
VISA INC COM CL A	cs	92826C839	6,561	57,543	SH		SOLE		57,543	0	0
WELLS FARGO & CO NEW COM	cs	949746101	778	12,825	SH		SOLE		12,825	0	0
WILLIAMS SONOMA INC COM	cs	969904101	882	17,059	SH		SOLE		17,059	0	0
ZOETIS INC CL A	cs	98978V103	3,400	47,195	SH		SOLE		47,195	0	0
AMERICAN BALANCED FD CL A	cs	024071102	244	8,982	SH		SOLE		8,982	0	0
AMERICAN MUT FD CL A	cs	027681105	733	17,959	SH		SOLE		17,959	0	0
CAPITAL INCOME BLDR FD SH BEN	cs	140193103	249	3,958	SH		SOLE		3,958	0	0
EURO PAC GROWTH FD SH BEN INT	cs	298706102	264	4,690	SH		SOLE		4,690	0	0
FRANKLIN INCOME FD CL C	cs	353496805	56	23,138	SH		SOLE		23,138	0	0
GRANDEUR PEAK INTL OPPTY FUND	cs	317609352	45	10,710	SH		SOLE		10,710	0	0
INVESCO COMSTOCK FD CL A	cs	00143M711	659	24,548	SH		SOLE		24,548	0	0
INVESCO GROWTH AND INCOME FUND	cs	00142J362	554	20,541	SH		SOLE		20,541	0	0
INVESTMENT CO AMER CL A	cs	461308108	393	9,736	SH		SOLE		9,736	0	0
PRICE T ROWE MEDIA & TELECMS C	cs	741454102	305	3,163	SH		SOLE		3,163	0	0
T ROWE PRICE HEALTH SCIENCES F	cs	741480107	358	5,092	SH		SOLE		5,092	0	0
TEMPLETON FDS INC FOREIGN FD A	cs	880196209	120	14,843	SH		SOLE		14,843	0	0
VANGUARD SPECIALIZED PORTFOLIO	cs	921908604	363	13,685	SH		SOLE		13,685	0	0
WASHINGTON MUT INVS FD INC COM	cs	939330106	860	18,836	SH		SOLE		18,836	0	0
ISHARES CORE S&P MID CAP ETF	et	464287507	22,298	117,495	SH		SOLE		117,495	0	0
ISHARES MRNGSTR LARGE CAP GROW	et	464287119	323	2,065	SH		SOLE		2,065	0	0
ISHARES RUSSELL 1000 INDEX ETF	et	464287622	539	3,625	SH		SOLE		3,625	0	0
ISHARES RUSSELL 2000 INDEX ETF	et	464287655	224	1,469	SH		SOLE		1,469	0	0
ISHARES TR CORE S&P500 ETF	et	464287200	16,725	62,211	SH		SOLE		62,211	0	0
ISHARES TR S&P SMALLCAP 600	et	464287804	18,249	237,589	SH		SOLE		237,589	0	0
VANGUARD FTSE DEVELOPED MARKET	et	921943858	39,540	881,410	SH		SOLE		881,410	0	0
VANGUARD FTSE EMERGING MARKETS	et	922042858	9,908	215,807	SH		SOLE		215,807	0	0
VANGUARD INDEX FDS REIT ETF	et	922908553	13,058	157,358	SH		SOLE		157,358	0	0
VANGUARD S&P 500 INDEX ETF	et	922908363	8,129	33,139	SH		SOLE		33,139	0	0