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
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
Accenture PLC A	cs	G1151C101	1,841	6,663	SH		SOLE		6,663	0	0
Adobe Systems Inc	cs	00724F101	7,026	14,780	SH		SOLE		14,780	0	0
Alphabet Inc A	cs	02079K305	16,255	7,881	SH		SOLE		7,881	0	0
Alphabet Inc C	cs	02079K107	223	108	SH		SOLE		108	0	0
Amazon.com Inc	cs	023135106	15,795	5,105	SH		SOLE		5,105	0	0
Amerco Inc	cs	023586100	5,625	9,182	SH		SOLE		9,182	0	0
American States Water Co	cs	029899101	244	3,221	SH		SOLE		3,221	0	0
Amgen Inc	cs	031162100	7,987	32,102	SH		SOLE		32,102	0	0
Apple Inc	cs	037833100	32,560	266,560	SH		SOLE		266,560	0	0
ARK Innovation ETF	cs	00214Q104	552	4,600	SH		SOLE		4,600	0	0
Bank of America Corporation	cs	060505104	2,229	57,607	SH		SOLE		57,607	0	0
Berkshire Hat A 100th	cs	084990175	386	100	SH		SOLE		100	0	0
Berkshire Hathaway Inc B	cs	084670702	1,527	5,977	SH		SOLE		5,977	0	0
Boeing Co	cs	097023105	236	927	SH		SOLE		927	0	0
Bright Horizons Family Solutions Inc	cs	109194100	2,767	16,139	SH		SOLE		16,139	0	0
Broadridge Financial Solutions Inc	cs	11133T103	7,833	51,164	SH		SOLE		51,164	0	0
C.H. Robinson Worldwide Inc	cs	12541W209	1,816	19,032	SH		SOLE		19,032	0	0
CarMax Inc	cs	143130102	6,640	50,056	SH		SOLE		50,056	0	0
Chevron Corp	cs	166764100	747	7,131	SH		SOLE		7,131	0	0
Cisco Systems Inc	cs	17275R102	2,192	42,399	SH		SOLE		42,399	0	0
Clorox Co	cs	189054109	204	1,056	SH		SOLE		1,056	0	0
Coca-Cola Co	cs	191216100	308	5,840	SH		SOLE		5,840	0	0
Cognizant Technology Solutions Corp A	cs	192446102	2,855	36,550	SH		SOLE		36,550	0	0
Colgate-Palmolive Co	cs	194162103	1,446	18,349	SH		SOLE		18,349	0	0
Comcast Corp Class A	cs	20030N101	262	4,843	SH		SOLE		4,843	0	0
Costco Wholesale Corp	cs	22160K105	6,159	17,472	SH		SOLE		17,472	0	0
CVS Health Corp	cs	126650100	5,566	73,988	SH		SOLE		73,988	0	0
Danaher Corp Del Com	cs	235851102	205	910	SH		SOLE		910	0	0
Discover Financial Services	cs	254709108	7,813	82,254	SH		SOLE		82,254	0	0
Electronic Arts Inc	cs	285512109	2,910	21,493	SH		SOLE		21,493	0	0
Eli Lilly and Co	cs	532457108	1,285	6,876	SH		SOLE		6,876	0	0
F5 Networks Inc	cs	315616102	3,218	15,425	SH		SOLE		15,425	0	0
Facebook Inc A	cs	30303M102	489	1,659	SH		SOLE		1,659	0	0
FireEye Inc	cs	31816Q101	2,566	131,101	SH		SOLE		131,101	0	0
Gilead Sciences Inc	cs	375558103	899	13,906	SH		SOLE		13,906	0	0
Haverty Furniture Companies Inc	cs	419596101	371	9,984	SH		SOLE		9,984	0	0
HollyFrontier Corp	cs	436106108	1,987	55,524	SH		SOLE		55,524	0	0
Honeywell International Inc	cs	438516106	7,750	35,705	SH		SOLE		35,705	0	0
Illumina Inc	cs	452327109	3,643	9,486	SH		SOLE		9,486	0	0
Intel Corp	cs	458140100	370	5,776	SH		SOLE		5,776	0	0
Iqvia Hldgs Inc	cs	46266C105	6,273	32,478	SH		SOLE		32,478	0	0
iShares 7-10 Year Treasury Bond ETF	cs	464287440	2,016	17,852	SH		SOLE		17,852	0	0
iShares Core MSCI Intl Developed Mkts ETF	cs	46435G326	10,266	158,915	SH		SOLE		158,915	0	0
iShares Core S&P 500	cs	464287200	38,679	97,227	SH		SOLE		97,227	0	0
iShares Core S&P Mid-Cap	cs	464287507	29,228	112,295	SH		SOLE		112,295	0	0
iShares Core S&P Small-Cap	cs	464287804	27,864	256,739	SH		SOLE		256,739	0	0
iShares ESG MSCI EM ETF	cs	46434G863	415	9,584	SH		SOLE		9,584	0	0
iShares ESG MSCI USA ETF	cs	46435G425	1,573	17,315	SH		SOLE		17,315	0	0
iShares ESG USD Corporate Bond ETF	cs	46435G193	966	35,838	SH		SOLE		35,838	0	0
iShares Gold Trust	cs	464285105	9,342	574,518	SH		SOLE		574,518	0	0
iShares iBoxx $ Investment Grade Corporate Bond ET	cs	464287242	11,493	88,374	SH		SOLE		88,374	0	0
iShares Morningstar Large-Cap Growth ETF	cs	464287119	389	1,348	SH		SOLE		1,348	0	0
iShares MSCI EAFE ESG Optimized ETF	cs	46435G516	1,166	15,361	SH		SOLE		15,361	0	0
iShares MSCI Emerging Markets	cs	464287234	220	4,126	SH		SOLE		4,126	0	0
iShares MSCI USA Sml-Cp ESG Optmzd ETF	cs	46435U663	720	18,679	SH		SOLE		18,679	0	0
iShares Russell 1000	cs	464287622	1,150	5,136	SH		SOLE		5,136	0	0
iShares Russell 2000	cs	464287655	3,402	15,396	SH		SOLE		15,396	0	0
iShares Russell Mid-Cap Growth ETF	cs	464287481	3,800	37,229	SH		SOLE		37,229	0	0
Johnson & Johnson	cs	478160104	4,487	27,301	SH		SOLE		27,301	0	0
JPMorgan Chase & Co	cs	46625H100	959	6,300	SH		SOLE		6,300	0	0
Lockheed Martin Corp	cs	539830109	1,179	3,190	SH		SOLE		3,190	0	0
Lowe s Companies Inc	cs	548661107	4,830	25,399	SH		SOLE		25,399	0	0
Marriott International Inc	cs	571903202	4,871	32,885	SH		SOLE		32,885	0	0
Microsoft Corp	cs	594918104	16,551	70,199	SH		SOLE		70,199	0	0
New Relic Inc	cs	64829B100	424	6,900	SH		SOLE		6,900	0	0
NextEra Energy Inc	cs	65339F101	9,384	124,112	SH		SOLE		124,112	0	0
Nike Inc B	cs	654106103	8,205	61,746	SH		SOLE		61,746	0	0
NVR Inc	cs	62944T105	2,732	580	SH		SOLE		580	0	0
PayPal Holdings Inc	cs	70450Y103	11,611	47,814	SH		SOLE		47,814	0	0
PepsiCo Inc	cs	713448108	282	1,990	SH		SOLE		1,990	0	0
QUALCOMM Inc	cs	747525103	1,527	11,519	SH		SOLE		11,519	0	0
Retail Properties of America Inc	cs	76131V202	202	19,242	SH		SOLE		19,242	0	0
Schwab Intermediate-Term US Trs ETF	cs	808524854	636	11,269	SH		SOLE		11,269	0	0
Schwab International Equity ETF	cs	808524805	10,070	267,676	SH		SOLE		267,676	0	0
Schwab US Large-Cap ETF	cs	808524201	1,084	11,292	SH		SOLE		11,292	0	0
Schwab US Mid-Cap ETF	cs	808524508	2,038	27,378	SH		SOLE		27,378	0	0
Schwab US Small-Cap ETF	cs	808524607	3,511	35,230	SH		SOLE		35,230	0	0
Sherwin-Williams Co	cs	824348106	10,731	14,541	SH		SOLE		14,541	0	0
Shopify Inc	cs	82509L107	221	200	SH		SOLE		200	0	0
SPDR S&P 500 ETF	cs	78462F103	313	790	SH		SOLE		790	0	0
SPDR S&P Emerging Markets ETF	cs	78463X509	4,200	95,943	SH		SOLE		95,943	0	0
Starbucks Corp	cs	855244109	9,086	83,149	SH		SOLE		83,149	0	0
Sysco Corp	cs	871829107	2,914	37,008	SH		SOLE		37,008	0	0
Tesla Motors Inc	cs	88160R101	1,323	1,980	SH		SOLE		1,980	0	0
Texas Instruments Inc	cs	882508104	1,310	6,933	SH		SOLE		6,933	0	0
TFS Financial Corp	cs	87240R107	3,185	156,340	SH		SOLE		156,340	0	0
The Estee Lauder Companies Inc Class A	cs	518439104	10,419	35,824	SH		SOLE		35,824	0	0
The Home Depot Inc	cs	437076102	454	1,488	SH		SOLE		1,488	0	0
Union Pacific Corp	cs	907818108	263	1,193	SH		SOLE		1,193	0	0
United Parcel Service Inc Class B	cs	911312106	6,071	35,713	SH		SOLE		35,713	0	0
US Bancorp	cs	902973304	710	12,831	SH		SOLE		12,831	0	0
Vanguard 500 ETF	cs	922908363	6,147	16,874	SH		SOLE		16,874	0	0
Vanguard FTSE All World Ex-US ETF	cs	922042775	350	5,765	SH		SOLE		5,765	0	0
Vanguard FTSE Developed Markets ETF	cs	921943858	49,886	1,015,806	SH		SOLE		1,015,806	0	0
Vanguard FTSE Emerging Markets ETF	cs	922042858	19,139	367,698	SH		SOLE		367,698	0	0
Vanguard Growth ETF	cs	922908736	396	1,542	SH		SOLE		1,542	0	0
Vanguard Intermediate-Term Corp Bd ETF	cs	92206C870	567	6,100	SH		SOLE		6,100	0	0
Vanguard Small-Cap ETF	cs	922908751	402	1,878	SH		SOLE		1,878	0	0
Verizon Communications Inc	cs	92343V104	5,227	89,881	SH		SOLE		89,881	0	0
VF Corp	cs	918204108	1,486	18,595	SH		SOLE		18,595	0	0
Visa Inc Class A	cs	92826C839	8,923	42,143	SH		SOLE		42,143	0	0
Walt Disney Co	cs	254687106	8,899	48,227	SH		SOLE		48,227	0	0
Watsco Inc	cs	942622200	3,592	13,776	SH		SOLE		13,776	0	0
Williams-Sonoma Inc	cs	969904101	1,837	10,253	SH		SOLE		10,253	0	0
Zoetis Inc	cs	98978V103	5,739	36,442	SH		SOLE		36,442	0	0