Jacobson & Schmitt Advisors 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

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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
ISHARES TR	NATIONAL MUN ETF	464288414	2,789	25,157	SH		SOLE		0	0	25,157
DISNEY WALT CO	COM DISNEY	254687106	213	2,162	SH		SOLE		0	0	2,162
ACTIVISION BLIZZARD INC	COM	00507V109	754	11,690	SH		SOLE		0	0	11,690
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	341	4,275	SH		SOLE		0	0	4,275
HDFC BANK LTD	ADR REPS 3 SHS	40415F101	3,247	33,698	SH		SOLE		0	0	33,698
CHURCH & DWIGHT INC	COM	171340102	4,169	86,045	SH		SOLE		0	0	86,045
DANAHER CORP DEL	COM	235851102	5,360	62,481	SH		SOLE		0	0	62,481
PEMBINA PIPELINE CORP	COM	706327103	4,165	118,650	SH		SOLE		0	0	118,650
VANGUARD MUN BD FD INC	TAX EXEMPT BD	922907746	1,265	24,481	SH		SOLE		0	0	24,481
COSTCO WHSL CORP NEW	COM	22160K105	4,983	30,330	SH		SOLE		0	0	30,330
AMAZON COM INC	COM	023135106	4,162	4,329	SH		SOLE		0	0	4,329
APPLE INC	COM	037833100	993	6,442	SH		SOLE		0	0	6,442
LUXOFT HLDG INC	ORD SHS CL A	G57279104	4,969	103,957	SH		SOLE		0	0	103,957
ENTERPRISE PRODS PARTNERS L	COM	293792107	3,582	137,396	SH		SOLE		0	0	137,396
NIKE INC	CL B	654106103	6,883	132,740	SH		SOLE		0	0	132,740
MARKEL CORP	COM	570535104	5,037	4,716	SH		SOLE		0	0	4,716
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	4,910	147,144	SH		SOLE		0	0	147,144
ISHARES TR	CORE MSCI TOTAL	46432F834	373	6,112	SH		SOLE		0	0	6,112
EXXON MOBIL CORP	COM	30231G102	342	4,177	SH		SOLE		0	0	4,177
JPMORGAN CHASE & CO	COM	46625H100	266	2,781	SH		SOLE		0	0	2,781
ACUITY BRANDS INC	COM	00508Y102	2,846	16,615	SH		SOLE		0	0	16,615
AMPHENOL CORP NEW	CL A	032095101	5,223	61,703	SH		SOLE		0	0	61,703
PROSPERITY BANCSHARES INC	COM	743606105	5,720	87,023	SH		SOLE		0	0	87,023
INTERXION HOLDING N.V	SHS	N47279109	5,339	104,833	SH		SOLE		0	0	104,833
ANSYS INC	COM	03662Q105	4,869	39,674	SH		SOLE		0	0	39,674
HENRY JACK & ASSOC INC	COM	426281101	4,144	40,313	SH		SOLE		0	0	40,313
HOME DEPOT INC	COM	437076102	225	1,373	SH		SOLE		0	0	1,373
ISHARES TR	CORE US AGGBD ET	464287226	3,678	33,560	SH		SOLE		0	0	33,560
ECOLAB INC	COM	278865100	7,312	56,854	SH		SOLE		0	0	56,854
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	5,940	34,698	SH		SOLE		0	0	34,698
3M CO	COM	88579Y101	231	1,102	SH		SOLE		0	0	1,102
TESLA INC	COM	88160R101	474	1,390	SH		SOLE		0	0	1,390
AMERISOURCEBERGEN CORP	COM	03073E105	3,861	46,663	SH		SOLE		0	0	46,663
ALLIANT ENERGY CORP	COM	018802108	312	7,496	SH		SOLE		0	0	7,496
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	757	8,038	SH		SOLE		0	0	8,038
APPLIED MATLS INC	COM	038222105	222	4,265	SH		SOLE		0	0	4,265
EAGLE BANCORP INC MD	COM	268948106	6,226	92,850	SH		SOLE		0	0	92,850
ISHARES TR	CORE S&P500 ETF	464287200	388	1,535	SH		SOLE		0	0	1,535
BLACKROCK INC	COM	09247X101	339	759	SH		SOLE		0	0	759
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	276	3,373	SH		SOLE		0	0	3,373
ISHARES TR	0-5YR INVT GR CP	46434V100	1,018	20,101	SH		SOLE		0	0	20,101
INTUIT	COM	461202103	4,297	30,230	SH		SOLE		0	0	30,230
EQUINIX INC	COM PAR $0.001	29444U700	4,481	10,041	SH		SOLE		0	0	10,041
FIRSTSERVICE CORP NEW	SUB VTG SH	33767E103	6,668	101,455	SH		SOLE		0	0	101,455
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	16,231	184,424	SH		SOLE		0	0	184,424
JOHNSON & JOHNSON	COM	478160104	320	2,458	SH		SOLE		0	0	2,458