Rowland & Co Investment Counsel 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
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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
ABBOTT LABS COM	COM	002824100	241,245	2,116	SH		SOLE	NONE	2,116	0	0
ABBVIE INC COM	COM	00287Y109	9,325,795	47,224	SH		SOLE	NONE	47,224	0	0
ACUITY BRANDS INC COM	COM	00508Y102	427,680	1,553	SH		SOLE	NONE	1,553	0	0
AFLAC INC COM	COM	001055102	3,507,565	31,373	SH		SOLE	NONE	31,373	0	0
AIR PRODS & CHEMS INC COM	COM	009158106	456,600	1,533	SH		SOLE	NONE	1,533	0	0
ALPHABET INC CAP STK CL A	COM	02079K305	331,700	2,000	SH		SOLE	NONE	2,000	0	0
ALPHABET INC CAP STK CL C	COM	02079K107	13,703,928	81,966	SH		SOLE	NONE	81,966	0	0
ALTRIA GROUP INC COM	COM	02209S103	106,265	2,082	SH		SOLE	NONE	2,082	0	0
AMAZON COM INC COM	COM	023135106	1,706,223	9,157	SH		SOLE	NONE	9,157	0	0
AMCOR PLC ORD	COM	G0250X107	195,850	17,286	SH		SOLE	NONE	17,286	0	0
AMGEN INC COM	COM	031162100	5,836,858	18,115	SH		SOLE	NONE	18,115	0	0
APPLE INC COM	COM	037833100	32,219,418	138,280	SH		SOLE	NONE	138,280	0	0
AT&T INC COM	COM	00206R102	131,238	5,965	SH		SOLE	NONE	5,965	0	0
AUTOMATIC DATA PROCESSING INC COM	COM	053015103	17,629,842	63,707	SH		SOLE	NONE	63,707	0	0
AVIENT CORPORATION COM	COM	05368V106	138,128	2,745	SH		SOLE	NONE	2,745	0	0
BANK MONTREAL QUE COM	COM	063671101	403,735	4,476	SH		SOLE	NONE	4,476	0	0
BANK NEW YORK MELLON CORP COM	COM	064058100	120,581	1,678	SH		SOLE	NONE	1,678	0	0
BAXTER INTL INC COM	COM	071813109	215,705	5,680	SH		SOLE	NONE	5,680	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	COM	084670702	1,216,006	2,642	SH		SOLE	NONE	2,642	0	0
BIO RAD LABS INC CL A	COM	090572207	295,434	883	SH		SOLE	NONE	883	0	0
BIO-TECHNE CORP COM	COM	09073M104	3,282,725	41,070	SH		SOLE	NONE	41,070	0	0
BOEING CO COM	COM	097023105	1,420,917	9,345	SH		SOLE	NONE	9,345	0	0
BROADSTONE NET LEASE INC COM	COM	11135E203	225,580	11,904	SH		SOLE	NONE	11,904	0	0
BROWN FORMAN CORP CL B	COM	115637209	1,209,040	24,574	SH		SOLE	NONE	24,574	0	0
CATERPILLAR INC COM	COM	149123101	168,690	431	SH		SOLE	NONE	431	0	0
CF INDS HLDGS INC COM	COM	125269100	265,122	3,090	SH		SOLE	NONE	3,090	0	0
CHEVRON	COM	166764100	6,807,385	46,223	SH		SOLE	NONE	46,223	0	0
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	527,223	9,150	SH		SOLE	NONE	9,150	0	0
CHUBB LIMITED COM	COM	H1467J104	10,698,692	37,098	SH		SOLE	NONE	37,098	0	0
CHURCH & DWIGHT CO INC COM	COM	171340102	677,328	6,468	SH		SOLE	NONE	6,468	0	0
CINTAS CORP COM	COM	172908105	5,031,751	24,440	SH		SOLE	NONE	24,440	0	0
CISCO SYS INC COM	COM	17275R102	121,288	2,279	SH		SOLE	NONE	2,279	0	0
CLOROX CO DEL COM	COM	189054109	116,688	716	SH		SOLE	NONE	716	0	0
COCA COLA CO COM	COM	191216100	15,642,269	217,677	SH		SOLE	NONE	217,677	0	0
COLGATE PALMOLIVE CO COM	COM	194162103	369,771	3,562	SH		SOLE	NONE	3,562	0	0
COMMERCE BANCSHARES INC COM	COM	200525103	183,902	3,096	SH		SOLE	NONE	3,096	0	0
COMPOSECURE INC COM CL A	COM	20459V105	148,962	10,625	SH		SOLE	NONE	10,625	0	0
CONOCOPHILLIPS COM	COM	20825C104	4,334,658	41,172	SH		SOLE	NONE	41,172	0	0
CONSOLIDATED EDISON INC COM	COM	209115104	567,196	5,447	SH		SOLE	NONE	5,447	0	0
COPART INC COM	COM	217204106	6,124,669	116,883	SH		SOLE	NONE	116,883	0	0
CORNING INC COM	COM	219350105	187,824	4,160	SH		SOLE	NONE	4,160	0	0
COSTCO WHSL CORP NEW COM	COM	22160K105	4,786,569	5,399	SH		SOLE	NONE	5,399	0	0
CSX CORP COM	COM	126408103	3,207,098	92,878	SH		SOLE	NONE	92,878	0	0
CULLEN FROST BANKERS INC COM	COM	229899109	5,886,860	52,627	SH		SOLE	NONE	52,627	0	0
CUMMINS INC COM	COM	231021106	7,799,633	24,088	SH		SOLE	NONE	24,088	0	0
DEVON ENERGY CORP NEW COM	COM	25179M103	1,376,671	35,191	SH		SOLE	NONE	35,191	0	0
DIGITAL RLTY TR INC COM	COM	253868103	902,912	5,579	SH		SOLE	NONE	5,579	0	0
DIMENSIONAL U.S. CORE EQUITY 2 ETF	COM	25434V708	133,010	3,879	SH		SOLE	NONE	3,879	0	0
DIMENSIONAL U.S. EQUITY MARKET ETF	COM	25434V401	209,614	3,370	SH		SOLE	NONE	3,370	0	0
DIMENSIONAL U.S. TARGETED VALUE ETF	COM	25434V609	375,391	6,748	SH		SOLE	NONE	6,748	0	0
DIMENSIONAL US MARKETWIDE VALUE ETF	COM	25434V724	230,837	5,537	SH		SOLE	NONE	5,537	0	0
DISCOVER FINL SVCS COM	COM	254709108	1,378,489	9,826	SH		SOLE	NONE	9,826	0	0
DISNEY WALT CO COM	COM	254687106	1,864,146	19,379	SH		SOLE	NONE	19,379	0	0
DOMINION ENERGY INC COM	COM	25746U109	499,273	8,639	SH		SOLE	NONE	8,639	0	0
DTE ENERGY CO COM	COM	233331107	117,109	912	SH		SOLE	NONE	912	0	0
DUKE ENERGY CORP NEW COM NEW	COM	26441C204	3,034,215	26,315	SH		SOLE	NONE	26,315	0	0
EASTMAN CHEM CO COM	COM	277432100	100,195	895	SH		SOLE	NONE	895	0	0
ELI LILLY & CO COM	COM	532457108	18,267,314	20,619	SH		SOLE	NONE	20,619	0	0
EMERSON ELEC CO COM	COM	291011104	2,961,517	27,077	SH		SOLE	NONE	27,077	0	0
ENBRIDGE INC COM	COM	29250N105	103,596	2,551	SH		SOLE	NONE	2,551	0	0
ENOVA INTL INC COM	COM	29357K103	1,895,497	22,622	SH		SOLE	NONE	22,622	0	0
ESSENTIAL UTILS INC COM	COM	29670G102	546,614	14,172	SH		SOLE	NONE	14,172	0	0
EVEREST GROUP LTD COM	COM	G3223R108	507,419	1,295	SH		SOLE	NONE	1,295	0	0
EXPEDITORS INTL WASH INC COM	COM	302130109	1,714,244	13,046	SH		SOLE	NONE	13,046	0	0
EXXON MOBIL CORP COM	COM	30231G102	9,927,835	84,694	SH		SOLE	NONE	84,694	0	0
F5 INC COM	COM	315616102	209,190	950	SH		SOLE	NONE	950	0	0
FACTSET RESH SYS INC COM	COM	303075105	308,099	670	SH		SOLE	NONE	670	0	0
FAIR ISAAC CORP COM	COM	303250104	485,880	250	SH		SOLE	NONE	250	0	0
FASTENAL CO COM	COM	311900104	535,792	7,502	SH		SOLE	NONE	7,502	0	0
FIDELITY INTERNATIONAL INDEX	COM	315911727	319,253	5,978	SH		SOLE	NONE	5,978	0	0
FIDELITY SMALL CAP GROWTH	COM	316389766	604,159	18,007	SH		SOLE	NONE	18,007	0	0
GE AEROSPACE COM NEW	COM	369604301	880,483	4,669	SH		SOLE	NONE	4,669	0	0
GE HEALTHCARE TECHNOLOGIES INC COMMON STOCK	COM	36266G107	121,747	1,297	SH		SOLE	NONE	1,297	0	0
GE VERNOVA INC COM	COM	36828A101	295,776	1,160	SH		SOLE	NONE	1,160	0	0
GENTEX CORP COM	COM	371901109	1,085,413	36,558	SH		SOLE	NONE	36,558	0	0
GENUINE PARTS CO COM	COM	372460105	7,759,786	55,554	SH		SOLE	NONE	55,554	0	0
GILEAD SCIENCES INC COM	COM	375558103	2,844,991	33,933	SH		SOLE	NONE	33,933	0	0
HODGES SMALL CAP RETAIL	COM	664925203	430,052	18,496	SH		SOLE	NONE	18,496	0	0
HOME DEPOT INC COM	COM	437076102	13,247,933	32,694	SH		SOLE	NONE	32,694	0	0
HONEYWELL INTL INC COM	COM	438516106	861,774	4,169	SH		SOLE	NONE	4,169	0	0
HORMEL FOODS CORP COM	COM	440452100	518,390	16,353	SH		SOLE	NONE	16,353	0	0
ILLINOIS TOOL WKS INC COM	COM	452308109	1,151,521	4,393	SH		SOLE	NONE	4,393	0	0
INTEL CORP COM	COM	458140100	5,433,005	231,585	SH		SOLE	NONE	231,585	0	0
INTERDIGITAL INC COM	COM	45867G101	1,853,526	13,087	SH		SOLE	NONE	13,087	0	0
INTERNATIONAL BUSINESS MACHS COM	COM	459200101	529,044	2,393	SH		SOLE	NONE	2,393	0	0
INTUITIVE SURGICAL INC COM NEW	COM	46120E602	1,119,113	2,278	SH		SOLE	NONE	2,278	0	0
ISHARES CORE DIVIDEND GROWTH ETF	COM	46434V621	142,933	2,280	SH		SOLE	NONE	2,280	0	0
ISHARES CORE MSCI EAFE ETF	COM	46432F842	340,141	4,358	SH		SOLE	NONE	4,358	0	0
ISHARES CORE MSCI EMERGING MARKETS ETF	COM	46434G103	264,947	4,615	SH		SOLE	NONE	4,615	0	0
ISHARES MSCI USA MIN VOL FACTOR ETF	COM	46429B697	349,899	3,832	SH		SOLE	NONE	3,832	0	0
JOHNSON & JOHNSON COM	COM	478160104	11,392,464	70,297	SH		SOLE	NONE	70,297	0	0
JPMORGAN CHASE & CO. COM	COM	46625H100	5,253,343	24,913	SH		SOLE	NONE	24,913	0	0
KIMBERLY-CLARK CORP COM	COM	494368103	3,074,401	21,608	SH		SOLE	NONE	21,608	0	0
LOCKHEED MARTIN CORP COM	COM	539830109	220,379	377	SH		SOLE	NONE	377	0	0
LULULEMON ATHLETICA INC COM	COM	550021109	1,517,931	5,594	SH		SOLE	NONE	5,594	0	0
MANULIFE FINL CORP COM	COM	56501R106	149,611	5,063	SH		SOLE	NONE	5,063	0	0
MARATHON PETE CORP COM	COM	56585A102	361,986	2,222	SH		SOLE	NONE	2,222	0	0
MARTIN MARIETTA MATLS INC COM	COM	573284106	107,650	200	SH		SOLE	NONE	200	0	0
MASCO CORP COM	COM	574599106	580,203	6,912	SH		SOLE	NONE	6,912	0	0
MASTERCARD INCORPORATED CL A	COM	57636Q104	133,326	270	SH		SOLE	NONE	270	0	0
MAXIMUS INC COM	COM	577933104	2,548,854	27,359	SH		SOLE	NONE	27,359	0	0
MCCORMICK & CO INC COM NON VTG	COM	579780206	469,744	5,707	SH		SOLE	NONE	5,707	0	0
MCDONALDS CORP COM	COM	580135101	12,161,679	39,938	SH		SOLE	NONE	39,938	0	0
MEDTRONIC PLC SHS	COM	G5960L103	1,136,718	12,626	SH		SOLE	NONE	12,626	0	0
MERCK & CO INC COM	COM	58933Y105	4,945,350	43,548	SH		SOLE	NONE	43,548	0	0
META PLATFORMS INC CL A	COM	30303M102	1,516,515	2,649	SH		SOLE	NONE	2,649	0	0
METLIFE INC PFD A FLT RATE	COM	59156R504	243,000	10,000	SH		SOLE	NONE	10,000	0	0
MICROSOFT CORP COM	COM	594918104	22,324,519	51,881	SH		SOLE	NONE	51,881	0	0
MUELLER INDS INC COM	COM	624756102	381,615	5,150	SH		SOLE	NONE	5,150	0	0
NETFLIX INC COM	COM	64110L106	568,125	801	SH		SOLE	NONE	801	0	0
NEXTERA ENERGY INC COM	COM	65339F101	1,741,888	20,606	SH		SOLE	NONE	20,606	0	0
NIKE INC CL B	COM	654106103	113,152	1,280	SH		SOLE	NONE	1,280	0	0
NORDSTROM INC COM	COM	655664100	137,189	6,100	SH		SOLE	NONE	6,100	0	0
NORFOLK SOUTHN CORP COM	COM	655844108	167,986	676	SH		SOLE	NONE	676	0	0
NUCOR CORP COM	COM	670346105	345,481	2,298	SH		SOLE	NONE	2,298	0	0
NVIDIA CORPORATION COM	COM	67066G104	5,061,619	41,680	SH		SOLE	NONE	41,680	0	0
ORACLE CORP COM	COM	68389X105	631,332	3,705	SH		SOLE	NONE	3,705	0	0
PACKAGING CORP AMER COM	COM	695156109	3,101,086	14,396	SH		SOLE	NONE	14,396	0	0
PALO ALTO NETWORKS INC COM	COM	697435105	102,540	300	SH		SOLE	NONE	300	0	0
PARKER-HANNIFIN CORP COM	COM	701094104	104,250	165	SH		SOLE	NONE	165	0	0
PATTERSON COS INC COM	COM	703395103	1,679,582	76,903	SH		SOLE	NONE	76,903	0	0
PAYCHEX INC COM	COM	704326107	4,114,915	30,664	SH		SOLE	NONE	30,664	0	0
PENTAIR PLC SHS	COM	G7S00T104	1,263,446	12,920	SH		SOLE	NONE	12,920	0	0
PEPSICO INC COM	COM	713448108	342,650	2,015	SH		SOLE	NONE	2,015	0	0
PFIZER INC COM	COM	717081103	2,434,140	84,109	SH		SOLE	NONE	84,109	0	0
PHILLIPS 66 COM	COM	718546104	1,375,106	10,461	SH		SOLE	NONE	10,461	0	0
PRICE T ROWE GROUP INC COM	COM	74144T108	4,736,203	43,479	SH		SOLE	NONE	43,479	0	0
PROCTER AND GAMBLE CO COM	COM	742718109	1,730,911	9,993	SH		SOLE	NONE	9,993	0	0
PROGRESSIVE CORP COM	COM	743315103	30,450,951	119,999	SH		SOLE	NONE	119,999	0	0
PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF	COM	74348A467	130,082	1,218	SH		SOLE	NONE	1,218	0	0
PUBLIC STORAGE OPER CO COM	COM	74460D109	2,479,359	6,813	SH		SOLE	NONE	6,813	0	0
QUALCOMM INC COM	COM	747525103	11,468,490	67,441	SH		SOLE	NONE	67,441	0	0
REGENERON PHARMACEUTICALS COM	COM	75886F107	121,943	116	SH		SOLE	NONE	116	0	0
REGIONS FINANCIAL CORP NEW COM	COM	7591EP100	380,885	16,326	SH		SOLE	NONE	16,326	0	0
RENAISSANCERE HLDGS LTD COM	COM	G7496G103	1,251,851	4,595	SH		SOLE	NONE	4,595	0	0
ROPER TECHNOLOGIES INC COM	COM	776696106	112,400	202	SH		SOLE	NONE	202	0	0
ROSS STORES INC COM	COM	778296103	1,152,304	7,656	SH		SOLE	NONE	7,656	0	0
ROYAL BK CDA COM	COM	780087102	129,968	1,042	SH		SOLE	NONE	1,042	0	0
RPM INTL INC COM	COM	749685103	195,415	1,615	SH		SOLE	NONE	1,615	0	0
RTX CORPORATION COM	COM	75513E101	217,345	1,793	SH		SOLE	NONE	1,793	0	0
SCHWAB TARGET 2050 INDEX	COM	80850L783	398,990	20,705	SH		SOLE	NONE	20,705	0	0
SCHWAB S&P 500 INDEX	COM	808509855	194,588	2,181	SH		SOLE	NONE	2,181	0	0
SCOTTS MIRACLE-GRO CO CL A	COM	810186106	121,640	1,403	SH		SOLE	NONE	1,403	0	0
SHERWIN WILLIAMS CO COM	COM	824348106	480,140	1,258	SH		SOLE	NONE	1,258	0	0
SIMON PPTY GROUP INC NEW COM	COM	828806109	169,020	1,000	SH		SOLE	NONE	1,000	0	0
SKYWORKS SOLUTIONS INC COM	COM	83088M102	2,397,444	24,273	SH		SOLE	NONE	24,273	0	0
SMUCKER J M CO COM NEW	COM	832696405	553,911	4,574	SH		SOLE	NONE	4,574	0	0
SNAP ON INC COM	COM	833034101	1,608,036	5,550	SH		SOLE	NONE	5,550	0	0
SONOCO PRODS CO COM	COM	835495102	3,442,207	63,009	SH		SOLE	NONE	63,009	0	0
SOUTHERN CO COM	COM	842587107	1,131,339	12,545	SH		SOLE	NONE	12,545	0	0
SPDR S&P 500 ETF TRUST	COM	78462F103	511,718	891	SH		SOLE	NONE	891	0	0
STANLEY BLACK & DECKER INC COM	COM	854502101	113,984	1,035	SH		SOLE	NONE	1,035	0	0
STARBUCKS CORP COM	COM	855244109	1,439,829	14,769	SH		SOLE	NONE	14,769	0	0
SUPER MICRO COMPUTER INC COM NEW	COM	86800U302	1,700,161	4,083	SH		SOLE	NONE	4,083	0	0
SYSCO CORP COM	COM	871829107	4,736,195	60,673	SH		SOLE	NONE	60,673	0	0
TARGET CORP COM	COM	87612E106	1,843,667	11,829	SH		SOLE	NONE	11,829	0	0
TELEFLEX INCORPORATED COM	COM	879369106	2,109,144	8,528	SH		SOLE	NONE	8,528	0	0
TEXAS INSTRS INC COM	COM	882508104	2,517,262	12,186	SH		SOLE	NONE	12,186	0	0
THERMO FISHER SCIENTIFIC INC COM	COM	883556102	144,745	234	SH		SOLE	NONE	234	0	0
TRACTOR SUPPLY CO COM	COM	892356106	117,826	405	SH		SOLE	NONE	405	0	0
TRUIST FINL CORP COM	COM	89832Q109	8,582,116	200,657	SH		SOLE	NONE	200,657	0	0
ULTA BEAUTY INC COM	COM	90384S303	354,099	910	SH		SOLE	NONE	910	0	0
UNITED PARCEL SERVICE INC CL B	COM	911312106	5,683,527	41,686	SH		SOLE	NONE	41,686	0	0
UNITEDHEALTH GROUP INC COM	COM	91324P102	143,246	245	SH		SOLE	NONE	245	0	0
VANGUARD FTSE DEVELOPED MARKETS ETF	COM	921943858	169,731	3,214	SH		SOLE	NONE	3,214	0	0
VANGUARD GROWTH ETF	COM	922908736	566,437	1,475	SH		SOLE	NONE	1,475	0	0
VANGUARD HEALTH CARE ADM	COM	921908885	168,109	1,747	SH		SOLE	NONE	1,747	0	0
VANGUARD S&P 500 ETF	COM	922908363	124,165	235	SH		SOLE	NONE	235	0	0
VANGUARD TOTAL STOCK MARKET ETF	COM	922908769	874,123	3,087	SH		SOLE	NONE	3,087	0	0
VANGUARD TOTAL STOCK MKT IDX ADM	COM	922908728	511,946	3,713	SH		SOLE	NONE	3,713	0	0
VANGUARD VALUE ETF	COM	922908744	333,079	1,908	SH		SOLE	NONE	1,908	0	0
VERIZON COMMUNICATIONS INC COM	COM	92343V104	7,565,763	168,465	SH		SOLE	NONE	168,465	0	0
VERTIV HOLDINGS CO COM CL A	COM	92537N108	2,076,541	20,871	SH		SOLE	NONE	20,871	0	0
VISA INC COM CL A	COM	92826C839	182,746	664	SH		SOLE	NONE	664	0	0
WALGREENS BOOTS ALLIANCE INC COM	COM	931427108	123,122	13,741	SH		SOLE	NONE	13,741	0	0
WALMART INC COM	COM	931142103	15,510,873	192,085	SH		SOLE	NONE	192,085	0	0
WASTE MGMT INC DEL COM	COM	94106L109	3,132,372	15,088	SH		SOLE	NONE	15,088	0	0
WEC ENERGY GROUP INC COM	COM	92939U106	1,057,114	10,991	SH		SOLE	NONE	10,991	0	0
WERNER ENTERPRISES INC COM	COM	950755108	4,216,956	109,275	SH		SOLE	NONE	109,275	0	0
WESTERN UN CO COM	COM	959802109	1,084,248	90,884	SH		SOLE	NONE	90,884	0	0
WEYERHAEUSER CO MTN BE COM NEW	COM	962166104	4,972,188	146,845	SH		SOLE	NONE	146,845	0	0
WHIRLPOOL CORP COM	COM	963320106	266,430	2,490	SH		SOLE	NONE	2,490	0	0
ZEBRA TECHNOLOGIES CORPORATION CL A	COM	989207105	6,182,122	16,694	SH		SOLE	NONE	16,694	0	0
ZOETIS INC CL A	COM	98978V103	518,343	2,653	SH		SOLE	NONE	2,653	0	0