Oarsman 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
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
AT&T Inc	COM	00206r102	2,345	111,901	SH		SOLE		110,688	0	1,213
AbbVie Inc.	COM	00287y109	3,772	24,630	SH		SOLE		23,675	0	955
Abbott Labs	COM	002824100	880	8,097	SH		SOLE		7,772	0	325
Accenture	COM	g1151c101	866	3,120	SH		SOLE		2,820	0	300
Allegheny Technologies	COM	01741r102	264	11,620	SH		SOLE		11,120	0	500
Alliant Energy	COM	018802108	761	12,990	SH		SOLE		12,623	0	367
Alphabet Inc. Class A	COM	02079k305	1,715	787	SH		SOLE		421	0	366
Alphabet Inc. Class C	COM	02079k107	8,935	4,085	SH		SOLE		2,654	0	1,431
Amazon.com	COM	023135106	1,731	16,293	SH		SOLE		15,733	0	560
Amgen	COM	031162100	964	3,963	SH		SOLE		3,701	0	262
Apache Corporation	COM	03743q108	405	11,601	SH		SOLE		11,601	0	0
Apple Inc.	COM	037833100	6,092	44,560	SH		SOLE		43,335	0	1,225
AstraZeneca plc. ADS	COM	046353108	1,149	17,390	SH		SOLE		17,145	0	245
Bank of America	COM	060505104	1,422	45,683	SH		SOLE		44,618	0	1,065
Bank of Montreal	COM	063671101	242	2,513	SH		SOLE		2,363	0	150
Berkshire Hathaway cl. A (1/10	COM	084990175	818	200	SH		SOLE		200	0	0
Berkshire Hathaway cl. B	COM	084670702	1,923	7,045	SH		SOLE		6,828	0	217
Bhang Inc.	COM	08862k105	1	20,000	SH		SOLE		20,000	0	0
Bristol-Myers Squibb	COM	110122108	1,745	22,658	SH		SOLE		22,098	0	560
Broadcom Inc.	COM	11135f101	1,607	3,308	SH		SOLE		3,151	0	157
Bunge Ltd	COM	g16962105	1,278	14,087	SH		SOLE		13,457	0	630
CVS Caremark Corp	COM	126650100	3,129	33,770	SH		SOLE		32,419	0	1,351
Cambridge Heart	COM	131910101	0	25,000	SH		SOLE		25,000	0	0
Capital One Finl	COM	14040H105	315	3,021	SH		SOLE		2,796	0	225
Carnival Corporation	COM	143658300	93	10,755	SH		SOLE		10,605	0	150
Caterpillar Inc.	COM	149123101	1,249	6,985	SH		SOLE		6,875	0	110
Chevron Corp.	COM	166764100	955	6,593	SH		SOLE		6,328	0	265
Cigna Corp.	COM	125523100	236	895	SH		SOLE		895	0	0
Cisco Systems Inc.	COM	17275R102	525	12,303	SH		SOLE		11,748	0	555
Citigroup Inc.	COM	172967424	1,154	25,094	SH		SOLE		24,424	0	670
Colgate-Palmolive Co.	COM	194162103	337	4,210	SH		SOLE		3,810	0	400
Coterra Energy Inc.	COM	127097103	346	13,400	SH		SOLE		13,400	0	0
Deere & Co	COM	244199105	211	706	SH		SOLE		706	0	0
Diebold, Incorporated	COM	253651103	79	34,675	SH		SOLE		34,675	0	0
Exxon-Mobil	COM	30231G102	340	3,973	SH		SOLE		3,823	0	150
Facebook Inc.	COM	30303m102	384	2,379	SH		SOLE		1,879	0	500
Fastenal Co.	COM	311900104	397	7,956	SH		SOLE		7,356	0	600
Fiserv Inc.	COM	337738108	4,316	48,513	SH		SOLE		47,563	0	950
Freeport-McMoran	COM	35671D857	1,374	46,975	SH		SOLE		45,040	0	1,935
Generac Holdings, Inc.	COM	368736104	1,229	5,836	SH		SOLE		5,726	0	110
General Dynamics	COM	369550108	439	1,986	SH		SOLE		1,951	0	35
General Electric Co.	COM	369604301	355	5,578	SH		SOLE		5,553	0	25
Genuine Parts	COM	372460105	456	3,430	SH		SOLE		3,230	0	200
Goldman Sachs	COM	38141G104	1,419	4,777	SH		SOLE		4,634	0	143
Healthier Choices Management C	COM	42226n109	0	20,000	SH		SOLE		20,000	0	0
Helen of Troy, Ltd	COM	g4388n106	1,416	8,720	SH		SOLE		8,335	0	385
Home Depot Inc.	COM	437076102	289	1,052	SH		SOLE		1,052	0	0
Huntington Bancshares	COM	446150104	1,798	149,439	SH		SOLE		146,859	0	2,580
Ingersoll-Rand Plc	COM	45687v106	345	8,205	SH		SOLE		8,205	0	0
Intel Corp.	COM	458140100	430	11,507	SH		SOLE		11,157	0	350
Intl Business Mach. Corp.	COM	459200101	290	2,053	SH		SOLE		1,923	0	130
Invesco S&P 500 Equal Weight E	COM	46137V365	3,616	58,803	SH		SOLE		57,882	0	921
J.P. Morgan Chase	COM	46625H100	2,196	19,504	SH		SOLE		19,023	0	481
Johnson & Johnson	COM	478160104	3,737	21,053	SH		SOLE		20,193	0	860
Johnson Controls Intl plc	COM	G51502105	855	17,852	SH		SOLE		17,092	0	760
Kimberly-Clark Corp.	COM	494368103	1,095	8,101	SH		SOLE		7,851	0	250
Kinder Morgan, Inc.	COM	49456b101	178	10,600	SH		SOLE		10,600	0	0
Kohl's Corp.	COM	500255104	469	13,154	SH		SOLE		12,814	0	340
L3Harris Technologies, Inc.	COM	502431109	202	835	SH		SOLE		835	0	0
Lilly Eli & Co.	COM	532457108	563	1,735	SH		SOLE		1,535	0	200
MGE Energy	COM	55277p104	484	6,213	SH		SOLE		6,063	0	150
MGIC Investment Corp.	COM	552848103	1,872	148,589	SH		SOLE		144,074	0	4,515
ManpowerGroup Inc.	COM	56418H100	585	7,656	SH		SOLE		7,501	0	155
McDonald's	COM	580135101	872	3,534	SH		SOLE		3,375	0	159
Medtronic plc	COM	g5960l103	1,196	13,323	SH		SOLE		12,678	0	645
Microsoft Corp.	COM	594918104	7,997	31,139	SH		SOLE		30,487	0	652
Modine Manufacturing	COM	607828100	417	39,589	SH		SOLE		39,589	0	0
Mosaic Company	COM	61945c103	1,019	21,570	SH		SOLE		20,280	0	1,290
NVidia Corp	COM	67066G104	1,545	10,195	SH		SOLE		10,050	0	145
Novartis AG	COM	66987v109	625	7,392	SH		SOLE		7,302	0	90
O-I Glass, Inc.	COM	67098h104	3,870	276,405	SH		SOLE		272,735	0	3,670
Olaplex Holdings, Inc.	COM	679369108	530	37,640	SH		SOLE		37,295	0	345
Olin Corp	COM	680665205	1,571	33,950	SH		SOLE		32,650	0	1,300
Omnicom Group	COM	681919106	328	5,150	SH		SOLE		5,150	0	0
Oracle Corp.	COM	68389X105	753	10,781	SH		SOLE		10,231	0	550
Oshkosh Corp	COM	688239201	1,017	12,382	SH		SOLE		11,912	0	470
PayPal Holdings, Inc.	COM	70450y103	651	9,319	SH		SOLE		9,093	0	226
Paychex	COM	704326107	346	3,035	SH		SOLE		3,035	0	0
Pepsico Inc.	COM	713448108	1,864	11,185	SH		SOLE		10,735	0	450
Pfizer Inc.	COM	717081103	755	14,400	SH		SOLE		14,250	0	150
Procter & Gamble Co.	COM	742718109	907	6,306	SH		SOLE		5,756	0	550
Public Storage Inc REIT	COM	74460D109	230	737	SH		SOLE		737	0	0
Quad/Graphics, Inc.	COM	747301109	73	26,650	SH		SOLE		26,650	0	0
Qualcomm Inc.	COM	747525103	1,704	13,336	SH		SOLE		13,036	0	300
RPM Inc.	COM	749685103	1,105	14,035	SH		SOLE		13,505	0	530
Range Resources	COM	75281a109	447	18,075	SH		SOLE		17,325	0	750
Regal-Beloit Corp.	COM	758750103	941	8,290	SH		SOLE		7,890	0	400
Tapestry, Inc.	COM	876030107	344	11,264	SH		SOLE		11,214	0	50
Target Corp.	COM	87612E106	677	4,795	SH		SOLE		4,628	0	167
Tesla Motors, Inc.	COM	88160R101	510	758	SH		SOLE		758	0	0
The Interpublic Group of Compa	COM	460690100	241	8,766	SH		SOLE		8,766	0	0
UnitedHealth Group Inc	COM	91324p102	2,727	5,310	SH		SOLE		5,172	0	138
VF Corp	COM	918204108	417	9,444	SH		SOLE		8,664	0	780
Verizon	COM	92343V104	1,080	21,271	SH		SOLE		21,121	0	150
Vodafone Grp PLC	COM	92857w308	1,745	111,975	SH		SOLE		108,697	0	3,278
WD 40 Company	COM	929236107	345	1,715	SH		SOLE		1,715	0	0
WEC Energy Group, Inc.	COM	92939u106	765	7,601	SH		SOLE		7,076	0	525
Wal-Mart Stores Inc.	COM	931142103	1,175	9,661	SH		SOLE		9,441	0	220
Walgreens Boots Alliance	COM	931427108	317	8,359	SH		SOLE		7,804	0	555
Warner Bros. Discovery, Inc.	COM	934423104	386	28,761	SH		SOLE		28,736	0	25
Wells Fargo & Co.	COM	949746101	1,142	29,165	SH		SOLE		28,560	0	605
XCel Energy Inc.	COM	98389b100	614	8,672	SH		SOLE		8,672	0	0
XPO Logistics, Inc.	COM	983793100	478	9,932	SH		SOLE		9,747	0	185
Invesco NASDAQ 100 Index Track	ETF	46090e103	202	722	SH		SOLE		712	0	10
Invesco S&P 500 Equal Weight	ETF	46137v357	1,232	9,175	SH		SOLE		9,090	0	85
S&P 500/Barra Value (iShares)	ETF	464287408	332	2,417	SH		SOLE		2,357	0	60
S&P Dep Receipts	ETF	78462f103	438	1,162	SH		SOLE		952	0	210
S&P Midcap 400 Index (iShares)	ETF	464287507	1,126	4,978	SH		SOLE		4,742	0	236
SPDR Portfolio S&P 500 High Di	ETF	78468r788	2,290	57,376	SH		SOLE		54,771	0	2,605
SPDR S&P 500 Growth ETF	ETF	78464A409	5,402	103,333	SH		SOLE		97,653	0	5,680
SPDR S&P 500 Value ETF	ETF	78464A508	6,107	165,853	SH		SOLE		156,877	0	8,976
Schwab U.S. Large-Cap ETF	ETF	808524201	428	9,580	SH		SOLE		9,580	0	0
Schwab U.S. Large-Cap Growth E	ETF	808524300	581	10,021	SH		SOLE		9,273	0	748
Schwab US Dividend Equity ETF	ETF	808524797	797	11,132	SH		SOLE		10,482	0	650
Vanguard Mega Cap 300 Growth I	ETF	921910816	350	1,924	SH		SOLE		1,924	0	0
Vanguard Total Stock Market ET	ETF	922908769	219	1,161	SH		SOLE		1,147	0	14
iShares Core S&P U.S. Growth E	ETF	464287671	266	3,176	SH		SOLE		3,176	0	0
S&P 600/Barra Growth Index (iS	SMLC	464287887	2,433	23,103	SH		SOLE		22,278	0	825
S&P 600/Barra Value Index (iSh	SMLC	464287879	3,516	39,491	SH		SOLE		38,378	0	1,113
SPDR Portfolio Small Cap ETF	SMLC	78468R853	6,570	182,595	SH		SOLE		178,895	0	3,700
Schwab U.S. Small-Cap ETF	SMLC	808524607	1,051	26,963	SH		SOLE		24,858	0	2,105
Vanguard Small Cap ETF	SMLC	922908751	219	1,241	SH		SOLE		1,241	0	0
iShares S&P SmallCap 600 Index	SMLC	464287804	323	3,498	SH		SOLE		3,123	0	375
Europe/Australia/Far-East Inde	INTL	464287465	467	7,472	SH		SOLE		7,307	0	165
MSCI Emerging Markets Index (i	INTL	464287234	258	6,441	SH		SOLE		5,986	0	455
MSCI Japan Index (iShares)	INTL	46434g822	345	6,522	SH		SOLE		6,287	0	235
SPDR Portfolio Emerging Market	INTL	78463X509	2,034	58,487	SH		SOLE		57,011	0	1,476
SPDR S&P Developed World ex-US	INTL	78463X889	475	16,481	SH		SOLE		15,816	0	665
Schwab Fundamental Emerg Mkts	INTL	808524730	896	34,560	SH		SOLE		34,065	0	495
Schwab International Equity ET	INTL	808524805	6,729	213,944	SH		SOLE		207,670	0	6,274
Vanguard Emerging Markets Stoc	INTL	922042858	432	10,383	SH		SOLE		10,133	0	250
Vanguard FTSE All-World ex-US	INTL	922042775	202	4,046	SH		SOLE		4,046	0	0
Vanguard FTSE Developed Market	INTL	921943858	1,840	45,106	SH		SOLE		43,181	0	1,925
WisdomTree EAFE Dividend-Wgtd	INTL	97717w703	1,113	24,501	SH		SOLE		24,001	0	500
WisdomTree Emerg Mkts High-Yie	INTL	97717w315	392	10,587	SH		SOLE		10,452	0	135
iShares MSCI All Country Asia	INTL	464288182	448	6,481	SH		SOLE		5,776	0	705
BlackRock Int. Duration Munici	FIXD	09253X102	985	82,728	SH		SOLE		79,298	0	3,430
BlackRock MuniAssets Fund	FIXD	09254j102	808	66,330	SH		SOLE		63,330	0	3,000
Calamos Convertible & High Inc	FIXD	12811p108	283	25,294	SH		SOLE		22,994	0	2,300
Eaton Vance Limited Duration I	FIXD	27828h105	345	33,414	SH		SOLE		30,314	0	3,100
First Trust TCW Opportunistic	FIXD	33740F805	1,541	33,224	SH		SOLE		31,391	0	1,833
Invesco CEF Income Composite E	FIXD	46138e404	342	18,070	SH		SOLE		16,570	0	1,500
Invesco Ultra Short-Duration E	FIXD	46090a887	565	11,400	SH		SOLE		10,900	0	500
Nuveen Municipal Value Fund In	FIXD	670928100	211	23,600	SH		SOLE		23,600	0	0
PIMCO Corporate Opportunity Fu	FIXD	72201b101	238	19,046	SH		SOLE		18,046	0	1,000
PIMCO Enhanced Short Maturity	FIXD	72201r643	598	6,077	SH		SOLE		6,021	0	56
PIMCO Enhanced Short Maturity	FIXD	72201r833	1,132	11,426	SH		SOLE		11,176	0	250
Pacer Trendpilot US Bond ETF	FIXD	69374h642	448	20,851	SH		SOLE		19,484	0	1,367
SPDR Blackstone Senior Loan	FIXD	78467v608	2,844	68,308	SH		SOLE		66,898	0	1,410
SPDR Short Term Municipal Bond	FIXD	78468r739	1,214	25,690	SH		SOLE		25,690	0	0
Schwab U.S. TIPS ETF	FIXD	808524870	2,913	52,204	SH		SOLE		50,076	0	2,128
Vanguard Total Intl Bond Ind E	FIXD	92203j407	208	4,207	SH		SOLE		4,207	0	0
WisdomTree Floating Rate Treas	FIXD	97717y527	1,950	38,745	SH		SOLE		36,685	0	2,060
iShares Barclays TIPS Bond Fun	FIXD	464287176	480	4,212	SH		SOLE		3,712	0	500
iShares Core International Agg	FIXD	46435g672	1,623	32,592	SH		SOLE		31,497	0	1,095
Gold Shares SPDR	CMDT	78463v107	2,827	16,779	SH		SOLE		16,411	0	368
iShares Gold Trust	CMDT	464285204	327	9,523	SH		SOLE		7,923	0	1,600
iShares Gold Trust Micro	CMDT	46436F103	4,833	267,587	SH		SOLE		260,320	0	7,267
iShares Silver Trust	CMDT	46428q109	302	16,205	SH		SOLE		15,605	0	600
DJ Wilshire Int'l Real Estate	REAL	78463x863	637	22,580	SH		SOLE		20,925	0	1,655
Invesco MSCI Global Timber ETF	REAL	46138e545	241	7,775	SH		SOLE		7,125	0	650
Real Estate Select Sector SPDR	REAL	81369y860	240	5,877	SH		SOLE		5,817	0	60
SPDR Dow Jones Global Real Est	REAL	78463x749	631	14,285	SH		SOLE		13,909	0	376
iShares S&P Global Timber & Fo	REAL	464288174	511	6,870	SH		SOLE		6,515	0	355
ProShares S&P 500 Index Invers	HEDG	74347b425	191	11,575	SH		SOLE		11,075	0	500