Griffin Asset 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
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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
BAE Systems-Frankfurt	COM	G06940103	133	17,825	SH		SOLE		0	0	0
BP Plc-Frankfurt	COM	G12793256	103	16,000	SH		SOLE		0	0	0
HSBC-Frankfurt	COM	G4634U169	102	13,000	SH		SOLE		0	0	0
Moet Hennessy Louis Vuitton-Pa	COM	F58485115	209	450	SH		SOLE		0	0	0
3M Company	COM	88579Y101	7,075	40,104	SH		SOLE		0	0	0
AK Steel Holding Corporation	COM	001547108	49	15,000	SH		SOLE		0	0	0
ASML Holding N.V.	COM	N07059210	1,872	6,326	SH		SOLE		0	0	0
AT&T Inc	COM	00206R102	5,344	136,758	SH		SOLE		0	0	0
ATP Oil & Gas Corp	COM	00208J108	0	26,300	SH		SOLE		0	0	0
AbbVie Inc.	COM	00287y109	10,343	116,818	SH		SOLE		0	0	0
Abbott Labs	COM	002824100	8,386	96,543	SH		SOLE		0	0	0
Accelerate Diagnostics, Inc.	COM	00430H102	16,810	994,657	SH		SOLE		0	0	0
Accenture PLC Ireland Shs Cl A	COM	G1151C101	501	2,377	SH		SOLE		0	0	0
Air Products	COM	009158106	531	2,261	SH		SOLE		0	0	0
Akamai Technologies	COM	00971t101	393	4,550	SH		SOLE		0	0	0
Albemarle Corporation	COM	012653101	1,359	18,605	SH		SOLE		0	0	0
Alerian MLP ETF	COM	00162Q866	350	41,125	SH		SOLE		0	0	0
Alibaba Group Holdings ADS	COM	01609W102	5,019	23,664	SH		SOLE		0	0	0
Allergan	COM	G0177J108	217	1,133	SH		SOLE		0	0	0
Alphabet Inc. CL A	COM	02079K305	3,991	2,980	SH		SOLE		0	0	0
Alphabet Inc. CL C	COM	02079K107	3,347	2,503	SH		SOLE		0	0	0
Altria Group Inc	COM	02209S103	687	13,763	SH		SOLE		0	0	0
Amazon.com Inc	COM	023135106	7,960	4,308	SH		SOLE		0	0	0
American Express	COM	025816109	7,666	61,582	SH		SOLE		0	0	0
American Tower Corp	COM	03027X100	2,284	9,939	SH		SOLE		0	0	0
Apache Corp.	COM	037411105	205	8,000	SH		SOLE		0	0	0
Apple Inc	COM	037833100	25,318	86,218	SH		SOLE		0	0	0
AstraZeneca PLC	COM	046353108	358	7,173	SH		SOLE		0	0	0
Atlassian Corporation Plc	COM	G06242104	209	1,737	SH		SOLE		0	0	0
Aura Systems, Inc.	COM	051526309	9	34,214	SH		SOLE		0	0	0
Aurora Cannabis Inc.	COM	05156X108	22	10,211	SH		SOLE		0	0	0
Bank of America Corp	COM	060505104	7,365	209,112	SH		SOLE		0	0	0
Bank of Montreal	COM	063671101	239	3,079	SH		SOLE		0	0	0
Baxter International	COM	071813109	307	3,675	SH		SOLE		0	0	0
Berkshire Hathaway Inc Cl A	COM	084670108	9,509	28	SH		SOLE		0	0	0
Berkshire Hathaway Inc Cl B	COM	084670702	3,914	17,279	SH		SOLE		0	0	0
Blackstone Group Inc.	COM	09260D107	7,605	135,955	SH		SOLE		0	0	0
Blackstone Mortgage Trust, Inc	COM	09257W100	1,255	33,716	SH		SOLE		0	0	0
Boeing	COM	097023105	9,570	29,377	SH		SOLE		0	0	0
Bristol Myers Squibb	COM	110122108	8,025	125,024	SH		SOLE		0	0	0
Broadcom Limited	COM	11135F101	2,542	8,043	SH		SOLE		0	0	0
Broadridge Financial Solutions	COM	11133T103	3,557	28,795	SH		SOLE		0	0	0
Brookfield Asset Management In	COM	112585104	605	10,464	SH		SOLE		0	0	0
Brookfield Infrastructure Part	COM	G16252101	374	7,479	SH		SOLE		0	0	0
Brookfield Property Partner LP	COM	G16249107	414	22,661	SH		SOLE		0	0	0
Brookfield Property REIT Inc.	COM	11282X103	207	11,240	SH		SOLE		0	0	0
CVS Health Corp	COM	126650100	1,525	20,526	SH		SOLE		0	0	0
Cabot Microelectronics Corpora	COM	12709P103	265	1,835	SH		SOLE		0	0	0
Canada Goose Holdings Inc.	COM	135086106	2,644	72,945	SH		SOLE		0	0	0
Caterpillar Inc.	COM	149123101	2,216	15,007	SH		SOLE		0	0	0
Cerner Corp	COM	156782104	1,470	20,030	SH		SOLE		0	0	0
Chevron Corp	COM	166764100	7,105	58,954	SH		SOLE		0	0	0
Chocoladefabriken Lindt & Spru	COM	H49983176	331	4	SH		SOLE		0	0	0
Chubb Corp.	COM	H1467J104	555	3,565	SH		SOLE		0	0	0
Citigroup Inc New	COM	172967424	356	4,459	SH		SOLE		0	0	0
Clearway Energy Inc.	COM	18539C204	608	30,476	SH		SOLE		0	0	0
Cleveland-Cliffs Inc.	COM	185899101	1,746	207,860	SH		SOLE		0	0	0
Coca-Cola	COM	191216100	7,765	140,295	SH		SOLE		0	0	0
Colgate Palmolive	COM	194162103	2,449	35,570	SH		SOLE		0	0	0
Comcast Corp New Cl A	COM	20030N101	732	16,283	SH		SOLE		0	0	0
Compass Minerals International	COM	20451N101	1,338	21,944	SH		SOLE		0	0	0
ConocoPhillips	COM	20825C104	1,124	17,286	SH		SOLE		0	0	0
Costco Wholesale	COM	22160k105	3,091	10,515	SH		SOLE		0	0	0
Crown Castle Intl Corp New	COM	22822V101	277	1,947	SH		SOLE		0	0	0
Danaher Corp	COM	235851102	6,752	43,994	SH		SOLE		0	0	0
Devon Energy Corp	COM	25179M103	598	23,030	SH		SOLE		0	0	0
Diageo P L C Spon Adr New	COM	25243Q205	1,801	10,694	SH		SOLE		0	0	0
Discover Financial Services	COM	254709108	1,218	14,355	SH		SOLE		0	0	0
Dollar General Corp	COM	256677105	312	2,000	SH		SOLE		0	0	0
Dollar Tree, Inc.	COM	256746108	1,092	11,610	SH		SOLE		0	0	0
Dominion Resources	COM	25746U109	3,223	38,910	SH		SOLE		0	0	0
Dover Corp	COM	260003108	5,772	50,082	SH		SOLE		0	0	0
DuPont De Nemours	COM	26614N102	4,454	69,374	SH		SOLE		0	0	0
Dunkin Brands Inc	COM	265504100	1,013	13,405	SH		SOLE		0	0	0
EOG Resources, Inc.	COM	26875P101	1,039	12,400	SH		SOLE		0	0	0
Eaton Corp. Plc	COM	G29183103	551	5,812	SH		SOLE		0	0	0
Emerson Electric	COM	291011104	899	11,782	SH		SOLE		0	0	0
Enbridge Inc	COM	29250n105	2,929	73,650	SH		SOLE		0	0	0
Energy Transfer Equity, L.P.	COM	29273V100	1,374	107,112	SH		SOLE		0	0	0
Enterprise Prods Partn	COM	293792107	2,284	81,106	SH		SOLE		0	0	0
Equinix, Inc.	COM	29444U700	1,193	2,044	SH		SOLE		0	0	0
Equity Residential Properties	COM	29476L107	234	2,893	SH		SOLE		0	0	0
Exxon Mobil Corp	COM	30231G102	6,368	91,258	SH		SOLE		0	0	0
Facebook Inc	COM	30303m102	3,239	15,780	SH		SOLE		0	0	0
Fastenal Company	COM	311900104	898	24,291	SH		SOLE		0	0	0
Fastly, Inc.	COM	31188V100	870	43,342	SH		SOLE		0	0	0
Fedex Corp.	COM	31428X106	1,842	12,180	SH		SOLE		0	0	0
Five Below, Inc.	COM	33829M101	1,167	9,130	SH		SOLE		0	0	0
Ford Motor Co	COM	345370860	186	20,024	SH		SOLE		0	0	0
Fortive Corporation	COM	34959J108	256	3,352	SH		SOLE		0	0	0
General Dynamics Corp	COM	369550108	281	1,591	SH		SOLE		0	0	0
General Electric	COM	369604103	916	82,064	SH		SOLE		0	0	0
General Mills	COM	370334104	355	6,636	SH		SOLE		0	0	0
Genuine Parts Co	COM	372460105	850	8,005	SH		SOLE		0	0	0
Gilead Sciences Inc	COM	375558103	1,034	15,913	SH		SOLE		0	0	0
Glencore Plc	COM	37827X100	111	17,960	SH		SOLE		0	0	0
Graco Inc	COM	384109104	2,108	40,546	SH		SOLE		0	0	0
Guardant Health, Inc.	COM	40131M109	591	7,561	SH		SOLE		0	0	0
Hershey Foods Corp	COM	427866108	2,068	14,068	SH		SOLE		0	0	0
Hi-Crush Inc.	COM	428337109	13	14,910	SH		SOLE		0	0	0
Home Depot	COM	437076102	10,162	46,533	SH		SOLE		0	0	0
Honeywell International	COM	438516106	7,058	39,877	SH		SOLE		0	0	0
Illinois Tool Works	COM	452308109	5,098	28,382	SH		SOLE		0	0	0
Imperial Brands PLC	COM	45262P102	274	11,029	SH		SOLE		0	0	0
Incyte Corp	COM	45337c102	241	2,758	SH		SOLE		0	0	0
Intel Corp	COM	458140100	7,111	118,809	SH		SOLE		0	0	0
International Business Machine	COM	459200101	10,388	77,498	SH		SOLE		0	0	0
Iron Mountain Inc	COM	46284V101	690	21,659	SH		SOLE		0	0	0
J P Morgan Chase & Co	COM	46625H100	6,548	46,974	SH		SOLE		0	0	0
Johnson & Johnson	COM	478160104	12,044	82,569	SH		SOLE		0	0	0
KLA-Tencor Corp	COM	482480100	478	2,685	SH		SOLE		0	0	0
Kellogg	COM	487836108	913	13,200	SH		SOLE		0	0	0
Kinder Morgan Inc	COM	49456B101	3,839	181,323	SH		SOLE		0	0	0
L3Harris Technologies Inc.	COM	502431109	1,026	5,183	SH		SOLE		0	0	0
Lam Resh. Corp.	COM	512807108	202	690	SH		SOLE		0	0	0
Lauder Estee Cos Inc	COM	518439104	322	1,557	SH		SOLE		0	0	0
Linde Plc	COM	G5494J103	501	2,351	SH		SOLE		0	0	0
Lockheed Martin Corp Com	COM	539830109	1,055	2,710	SH		SOLE		0	0	0
Macquarie Infrastructure Corpo	COM	55608B105	577	13,473	SH		SOLE		0	0	0
Madison Square Garden Cl A	COM	55825T103	1,555	5,285	SH		SOLE		0	0	0
Marathon Petroleum Corp	COM	56585a102	1,029	17,075	SH		SOLE		0	0	0
Markel Corporation	COM	570535104	203	178	SH		SOLE		0	0	0
Martin Marietta Matls	COM	573284106	342	1,224	SH		SOLE		0	0	0
McDonalds Corp	COM	580135101	6,555	33,170	SH		SOLE		0	0	0
Medical Properties Trust, Inc.	COM	58463J304	253	12,000	SH		SOLE		0	0	0
Medtronic Inc	COM	G5960L103	6,272	55,284	SH		SOLE		0	0	0
Merck & Co Inc	COM	58933Y105	10,111	111,171	SH		SOLE		0	0	0
Metlife Inc	COM	59156r108	2,343	45,976	SH		SOLE		0	0	0
Microsoft Corp	COM	594918104	16,892	107,112	SH		SOLE		0	0	0
Mondelez Intl	COM	609207105	1,093	19,850	SH		SOLE		0	0	0
NXP Semiconductors N.V.	COM	N6596X109	302	2,375	SH		SOLE		0	0	0
Nestle S A Adr	COM	641069406	2,715	25,078	SH		SOLE		0	0	0
Nestle S.A.	COM	H57312649	491	4,550	SH		SOLE		0	0	0
Nextera Energy Inc	COM	65339F101	272	1,123	SH		SOLE		0	0	0
Nike Inc.	COM	654106103	3,380	33,365	SH		SOLE		0	0	0
Northrop Grumman Corp	COM	666807102	1,900	5,523	SH		SOLE		0	0	0
Novartis AG Adr	COM	66987V109	4,685	49,475	SH		SOLE		0	0	0
Nucor Corp	COM	670346105	2,839	50,452	SH		SOLE		0	0	0
Nvidia Corp	COM	67066g104	1,277	5,428	SH		SOLE		0	0	0
ONEOK Inc.	COM	682680103	1,640	21,670	SH		SOLE		0	0	0
ORBCOMM Inc.	COM	68555P100	295	70,170	SH		SOLE		0	0	0
Omega Healthcare Investors Inc	COM	681936100	212	5,000	SH		SOLE		0	0	0
PNC Financial Services Group	COM	693475105	1,023	6,406	SH		SOLE		0	0	0
Palo Alto Networks, Inc.	COM	697435105	231	1,000	SH		SOLE		0	0	0
Pattern Energy Group Inc.	COM	70338P100	228	8,538	SH		SOLE		0	0	0
PayPal Holdings, Inc.	COM	70450Y103	3,000	27,736	SH		SOLE		0	0	0
Paychex Inc Com	COM	704326107	1,493	17,557	SH		SOLE		0	0	0
Pennsylvania Real Estate Inves	COM	709102107	160	30,000	SH		SOLE		0	0	0
Pepsico	COM	713448108	6,699	49,014	SH		SOLE		0	0	0
Pfizer	COM	717081103	2,572	65,638	SH		SOLE		0	0	0
Philip Morris International In	COM	718172109	2,567	30,173	SH		SOLE		0	0	0
Procter & Gamble	COM	742718109	7,304	58,475	SH		SOLE		0	0	0
Prologis	COM	74340W103	544	6,100	SH		SOLE		0	0	0
Pulse Biosciences, Inc.	COM	74587B101	668	49,785	SH		SOLE		0	0	0
Qualcomm Inc.	COM	747525103	5,920	67,102	SH		SOLE		0	0	0
Realty Income Corp	COM	756109104	1,138	15,455	SH		SOLE		0	0	0
Regeneron Pharmaceuticals, Inc	COM	75886F107	233	620	SH		SOLE		0	0	0
Rio Tinto plc	COM	767204100	219	3,685	SH		SOLE		0	0	0
Ross Stores Inc.	COM	778296103	1,815	15,590	SH		SOLE		0	0	0
Royal Dutch Shell Plc	COM	780259206	1,131	19,171	SH		SOLE		0	0	0
Royal Dutch Shell Plc ADR B	COM	780259107	4,996	83,311	SH		SOLE		0	0	0
S&P Global Inc.	COM	78409V104	499	1,826	SH		SOLE		0	0	0
Schlumberger	COM	806857108	4,499	111,914	SH		SOLE		0	0	0
Score Media & Gaming Inc.	COM	80919D103	6	10,000	SH		SOLE		0	0	0
Seattle Genetics, Inc.	COM	812578102	587	5,135	SH		SOLE		0	0	0
Sherwin Williams Co.	COM	824348106	637	1,092	SH		SOLE		0	0	0
Shopify Inc.	COM	82509L107	3,719	9,353	SH		SOLE		0	0	0
Simon Property Group New	COM	828806109	242	1,625	SH		SOLE		0	0	0
Snap-on Incorporated	COM	833034101	3,469	20,481	SH		SOLE		0	0	0
Southern Co	COM	842587107	1,010	15,858	SH		SOLE		0	0	0
Square, Inc.	COM	852234103	266	4,259	SH		SOLE		0	0	0
Starbucks Corp.	COM	855244109	6,089	69,252	SH		SOLE		0	0	0
Sysco Corp	COM	871829107	3,280	38,346	SH		SOLE		0	0	0
T Rowe Price & Assoc	COM	74144T108	1,884	15,460	SH		SOLE		0	0	0
TJX Cos Inc	COM	872540109	8,033	131,564	SH		SOLE		0	0	0
Taiwan Semiconductor Sponsered	COM	874039100	234	4,021	SH		SOLE		0	0	0
Tanger Factory Outlet Centers,	COM	875465106	516	35,059	SH		SOLE		0	0	0
Targa Resources Corp.	COM	87612G101	2,657	65,078	SH		SOLE		0	0	0
Target Corporation	COM	87612E106	8,978	70,028	SH		SOLE		0	0	0
Telaria, Inc.	COM	879181105	820	93,081	SH		SOLE		0	0	0
Texas Instruments	COM	882508104	942	7,340	SH		SOLE		0	0	0
The Greenbrier Companies, Inc.	COM	393657101	974	30,029	SH		SOLE		0	0	0
The Kraft Heinz Company	COM	500754106	213	6,644	SH		SOLE		0	0	0
The Trade Desk, Inc.	COM	88339J105	3,110	11,973	SH		SOLE		0	0	0
Thermo Fisher Scientific Inc.	COM	883556102	392	1,208	SH		SOLE		0	0	0
Tiffany & Co	COM	886547108	4,885	36,550	SH		SOLE		0	0	0
Truist Finl Corp	COM	89832Q109	5,226	92,783	SH		SOLE		0	0	0
Twilio, Inc.	COM	90138F102	273	2,775	SH		SOLE		0	0	0
US Bancorp	COM	902973304	3,961	66,815	SH		SOLE		0	0	0
Unilever N V New York	COM	904784709	269	4,682	SH		SOLE		0	0	0
Unilever PLC Spon ADR New	COM	904767704	1,095	19,148	SH		SOLE		0	0	0
Union Pac Corp.	COM	907818108	1,395	7,715	SH		SOLE		0	0	0
United Parcel Service	COM	911312106	4,511	38,535	SH		SOLE		0	0	0
United Rentals, Inc.	COM	911363109	1,519	9,106	SH		SOLE		0	0	0
United Technologies Corp	COM	913017109	1,560	10,420	SH		SOLE		0	0	0
UnitedHealth Group	COM	91324P102	1,288	4,382	SH		SOLE		0	0	0
Universal Display Corp	COM	91347p105	132,104	641,062	SH		SOLE		0	0	0
V F Corp Com	COM	918204108	670	6,722	SH		SOLE		0	0	0
Veeva Systems Inc.	COM	922475108	655	4,660	SH		SOLE		0	0	0
Verisk Analytics Inc CL A	COM	92345y106	1,439	9,633	SH		SOLE		0	0	0
Verizon Communications	COM	92343V104	870	14,173	SH		SOLE		0	0	0
Visa Inc Cl A	COM	92826C839	6,153	32,749	SH		SOLE		0	0	0
W. P. Carey Inc.	COM	92936U109	1,171	14,626	SH		SOLE		0	0	0
WPP Plc Adr	COM	92937A102	1,626	23,135	SH		SOLE		0	0	0
Wal-Mart Stores	COM	931142103	6,222	52,353	SH		SOLE		0	0	0
Walgreens Boots Alliance Inc.	COM	931427108	6,069	102,940	SH		SOLE		0	0	0
Walt Disney	COM	254687106	3,297	22,797	SH		SOLE		0	0	0
Waste Management	COM	94106L109	1,043	9,150	SH		SOLE		0	0	0
Wells Fargo	COM	949746101	12,018	223,389	SH		SOLE		0	0	0
Welltower Inc.	COM	95040Q104	770	9,412	SH		SOLE		0	0	0
Xilinx Inc	COM	983919101	255	2,604	SH		SOLE		0	0	0
Yum! Brands	COM	988498101	1,089	10,807	SH		SOLE		0	0	0
Zoetis Inc.	COM	98978V103	3,163	23,899	SH		SOLE		0	0	0
Zoom Video Communications, Inc	COM	98980L101	631	9,268	SH		SOLE		0	0	0
iShares Tr NASDAQ Biotech Inde	COM	464287556	381	3,165	SH		SOLE		0	0	0
ALPS Medical Breakthroughs ETF	COM	00162Q593	386	9,120	SH		SOLE		0	0	0
ETFMG Prime Cyber Security ETF	COM	26924G201	333	8,013	SH		SOLE		0	0	0
Invesco QQQ Trust Series 1	COM	46090E103	9,666	45,463	SH		SOLE		0	0	0
Invesco S&P500 Low Vol ETF	COM	46138E354	363	6,215	SH		SOLE		0	0	0
Nuveen Nasdaq 100 Dynamic Over	COM	670699107	225	9,355	SH		SOLE		0	0	0
Vanguard Emerging Market ETF	COM	922042858	400	8,998	SH		SOLE		0	0	0
Vanguard S&P 500 ETF	COM	922908363	790	2,672	SH		SOLE		0	0	0
Vanguard Small Cap ETF	COM	922908751	483	2,913	SH		SOLE		0	0	0
iShares Core S&P 500 ETF	COM	464287200	1,242	3,843	SH		SOLE		0	0	0
iShares S&P Mid-Cap 400 Growth	COM	464287606	688	2,890	SH		SOLE		0	0	0
iShares S&P Mid-Cap 400 Value	COM	464287705	664	3,887	SH		SOLE		0	0	0
iShares US Aerospace & Defense	COM	464288760	271	1,219	SH		SOLE		0	0	0
iShares US Industrials ETF	COM	464287754	213	1,268	SH		SOLE		0	0	0
Bristol-Myers Squibb Contingen	COM	110122157	36	11,955	SH		SOLE		0	0	0