Hudson Valley Investment 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

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
3M COMPANY	COM	88579Y101	431,900	4,109	SH		SOLE		2,372	0	1,737
ABBOTT LABORATORIES	COM	002824100	1,192,539	11,777	SH		SOLE		2,698	0	9,079
ABBVIE INC COM	COM	00287Y109	6,750,754	42,359	SH		SOLE		35,560	0	6,799
ADOBE SYSTEMS INC	COM	00724F101	8,382,954	21,753	SH		SOLE		15,469	0	6,284
ADSOUTH PARTNERS INC (NV)	COM	00737M200	0	10,001	SH		SOLE		0	0	10,001
ADVANCED MICRO DIVICES INC	COM	007903107	7,182,271	73,281	SH		SOLE		59,076	0	14,205
AGNC INVESTMENT CORP	COM	00123Q104	179,928	17,850	SH		SOLE		17,850	0	0
ALBEMARLE CORP	COM	012653101	499,550	2,260	SH		SOLE		2,260	0	0
ALPHABET INC CLASS A	COM	02079K305	748,931	7,220	SH		SOLE		6,440	0	780
ALPHABET INC CLASS C	COM	02079K107	12,877,176	123,819	SH		SOLE		96,236	0	27,583
ALTRIA GROUP INC	COM	02209S103	207,171	4,643	SH		SOLE		4,143	0	500
AMAZON COM INC	COM	023135106	7,337,618	71,039	SH		SOLE		53,674	0	17,365
AMERICAN EXPRESS CORP	COM	025816109	4,523,919	27,426	SH		SOLE		23,502	0	3,924
AMERN TOWER CORP CLASS A	COM	03027X100	3,607,214	17,653	SH		SOLE		12,276	0	5,377
AMGEN INC COM	COM	031162100	535,234	2,214	SH		SOLE		1,514	0	700
AmTrust Financial Services Inc	COM	032359846	420,000	30,000	SH		SOLE		30,000	0	0
APPLE, INC.	COM	037833100	25,157,004	152,559	SH		SOLE		116,162	0	36,397
Arbor Realty Trust Inc	COM	038923108	229,800	20,000	SH		SOLE		20,000	0	0
AT & T INC	COM	00206R102	1,132,309	58,821	SH		SOLE		46,862	0	11,959
ATRION CORP	COM	049904105	313,955	500	SH		SOLE		0	0	500
AUTO DATA PROCESSING	COM	053015103	2,931,592	13,168	SH		SOLE		7,273	0	5,895
AUTOZONE INC	COM	053332102	3,556,943	1,447	SH		SOLE		1,198	0	249
BAKER HUGHES CO	COM	05722G100	1,102,135	38,189	SH		SOLE		36,469	0	1,720
BALCHEM CORP	COM	057665200	440,530	3,483	SH		SOLE		2,840	0	643
BANKAMERICA CORP	COM	060505104	6,375,543	222,921	SH		SOLE		184,676	0	38,245
THE BANK OF NY MELLON CORP	COM	064058100	833,543	18,344	SH		SOLE		17,209	0	1,135
BLACKSTONE GROUP LP	COM	09260D107	1,056,891	12,032	SH		SOLE		11,641	0	391
BOEING CO	COM	097023105	1,546,962	7,282	SH		SOLE		5,414	0	1,868
BP PLC ADR	COM	055622104	381,563	10,057	SH		SOLE		9,807	0	250
BRIGHTSPIRE CAPITAL INC	COM	10949T109	70,800	12,000	SH		SOLE		12,000	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,364,760	19,691	SH		SOLE		17,494	0	2,197
BROADCOM LTD	COM	11135F101	5,165,661	8,052	SH		SOLE		4,422	0	3,630
CARDINAL HEALTH INC	COM	14149Y108	445,526	5,901	SH		SOLE		5,901	0	0
CARMAX INC	COM	143130102	263,419	4,098	SH		SOLE		2,639	0	1,459
CATERPILLAR INC	COM	149123101	822,222	3,593	SH		SOLE		2,368	0	1,225
CHART INDUSTRIES INC	COM	16115Q308	2,334,572	18,617	SH		SOLE		16,660	0	1,957
CHERRY HILL MTG INVT CORP	COM	164651101	55,200	10,000	SH		SOLE		10,000	0	0
CHEVRON CORP	COM	166764100	4,725,928	28,965	SH		SOLE		23,279	0	5,686
CHIPOTLE MEXICAN GRILL INC. COM	COM	169656105	3,394,372	1,987	SH		SOLE		1,704	0	283
CHUBB LIMITED	COM	H1467J104	659,614	3,397	SH		SOLE		3,397	0	0
CIENA CORP	COM	171779309	3,578,660	68,139	SH		SOLE		59,232	0	8,907
CIGNA CORP	COM	125523100	440,023	1,722	SH		SOLE		1,352	0	370
CISCO SYSTEMS INC	COM	17275R102	6,217,592	118,929	SH		SOLE		105,695	0	13,234
COCA COLA COMPANY	COM	191216100	445,251	7,178	SH		SOLE		3,378	0	3,800
COMCAST CORP NEW CL A	COM	20030N101	1,228,348	32,402	SH		SOLE		23,190	0	9,212
COMMERCIAL METALS CO	COM	201723103	738,879	15,110	SH		SOLE		15,110	0	0
SPDR SECTOR COMMUNICATION SERVICES ETF	COM	81369Y852	4,434,995	76,505	SH		SOLE		646	0	75,859
CONOCOPHILLIPS	COM	20825C104	2,492,651	25,125	SH		SOLE		16,135	0	8,990
CONSOLIDATED EDISON INC	COM	209115104	387,846	4,054	SH		SOLE		4,054	0	0
SPDR SECTOR CONSUMER DISCRETIONARY ETF	COM	81369Y407	4,903,865	32,793	SH		SOLE		251	0	32,542
SPDR SECTOR CONSUMER STAPLES ETF	COM	81369Y308	3,384,737	45,305	SH		SOLE		195	0	45,110
CORNING INC	COM	219350105	725,322	20,559	SH		SOLE		16,184	0	4,375
COSTCO WHSL CORP NEW	COM	22160K105	1,539,303	3,098	SH		SOLE		2,328	0	770
COTERRA ENERGY INC	COM	127097103	1,441,136	58,726	SH		SOLE		44,174	0	14,552
CSW INDUSTRIALS INC	COM	126402106	446,243	3,212	SH		SOLE		3,212	0	0
C S X CORP	COM	126408103	6,461,151	215,803	SH		SOLE		180,508	0	35,295
CVS HEALTH CORP	COM	126650100	1,401,870	18,865	SH		SOLE		16,799	0	2,066
DANAHER CORP	COM	235851102	8,298,669	32,926	SH		SOLE		26,885	0	6,041
DEVON ENERGY CORP	COM	25179M103	1,532,218	30,275	SH		SOLE		26,114	0	4,161
DIGITAL REALTY TRUST, INC.	COM	253868103	229,456	2,334	SH		SOLE		2,334	0	0
DOLLAR GENERAL CORPORATION	COM	256677105	4,715,146	22,404	SH		SOLE		16,459	0	5,945
DOW INC	COM	260557103	304,068	5,547	SH		SOLE		5,506	0	41
DUKE ENERGY CORPORATION	COM	26441C204	4,466,172	46,296	SH		SOLE		34,091	0	12,205
DUPONT DE NEMOURS INC	COM	26614N102	622,605	8,675	SH		SOLE		8,634	0	41
EAGLE POINT CREDIT CO LLC	COM	269808101	117,285	10,500	SH		SOLE		10,500	0	0
ELI LILLY & COMPANY	COM	532457108	18,673,462	54,375	SH		SOLE		16,793	0	37,582
EMERSON ELECTRIC CO	COM	291011104	1,449,621	16,636	SH		SOLE		15,268	0	1,368
ENBRIDGE INC	COM	29250N105	1,895,775	49,784	SH		SOLE		41,434	0	8,350
SPDR SECTOR ENERGY ETF	COM	81369Y506	3,213,473	38,796	SH		SOLE		213	0	38,583
EXXON MOBIL CORPORATION	COM	30231G102	9,603,786	87,578	SH		SOLE		65,960	0	21,618
SPDR SECTOR FINANCIAL ETF	COM	81369Y605	5,712,830	177,693	SH		SOLE		0	0	177,693
FLOWERS FOODS INC	COM	343498101	952,881	34,764	SH		SOLE		34,764	0	0
FLUOR CORPORATION	COM	343412102	2,663,144	86,158	SH		SOLE		78,085	0	8,073
G6 MATERIALS CORPORATION	COM	361333107	507	16,900	SH		SOLE		16,900	0	0
GENERAL ELECTRIC COMPANY	COM	369604301	416,529	4,357	SH		SOLE		1,117	0	3,240
GENUINE PARTS CO	COM	372460105	273,552	1,635	SH		SOLE		1,635	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	914,600	2,796	SH		SOLE		2,746	0	50
HALLIBURTON CO	COM	406216101	256,442	8,105	SH		SOLE		6,105	0	2,000
SPDR SECTOR HEALTH CARE ETF	COM	81369Y209	7,804,367	60,284	SH		SOLE		585	0	59,699
HONEYWELL INTERNATIONAL	COM	438516106	3,167,050	16,571	SH		SOLE		11,895	0	4,676
HORIZON THEAPEUTICS PLC	COM	G46188101	436,560	4,000	SH		SOLE		4,000	0	0
HUBBELL INC	COM	443510607	218,979	900	SH		SOLE		900	0	0
ILLINOIS TOOL WORKS INC	COM	452308109	596,939	2,452	SH		SOLE		1,117	0	1,335
ILLUMINA INC	COM	452327109	3,125,937	13,442	SH		SOLE		10,662	0	2,780
SPDR SECTOR INDUSTRIAL ETF	COM	81369Y704	4,842,272	47,858	SH		SOLE		0	0	47,858
INTEL CORP	COM	458140100	1,408,320	43,107	SH		SOLE		36,916	0	6,191
INTL BUSINESS MACHINES	COM	459200101	2,107,534	16,077	SH		SOLE		12,512	0	3,565
INTL FLAVOR & FRAGRANCES	COM	459506101	369,035	4,013	SH		SOLE		4,013	0	0
INTUITIVE SURGICAL INC NEW	COM	46120E602	18,879,999	73,903	SH		SOLE		333	0	73,570
INVESCO EX TR FD TR II CEF INCOME COM	COM	46138E404	286,127	15,704	SH		SOLE		15,704	0	0
INVESCO QQQ TR UNIT SER 1	COM	46090E103	1,326,404	4,133	SH		SOLE		317	0	3,816
IRON MOUNTAIN INC	COM	46284V101	378,042	7,145	SH		SOLE		7,145	0	0
ISHARES 1-3 YEAR TREASURY BOND	COM	464287457	20,948,171	254,968	SH		SOLE		338	0	254,630
ISHARES 1-5 YEAR INVESTMENT GRAND CORP BOND	COM	464288646	18,992,022	375,782	SH		SOLE		1,440	0	374,342
ISHARES 3-7 YEAR TREASURY BOND	COM	464288661	16,182,052	137,544	SH		SOLE		0	0	137,544
ISHARES TR CORE S&P SMALL-CAP ETF	COM	464287804	621,394	6,426	SH		SOLE		45	0	6,381
ISHARES FLOATING RATE BOND	COM	46429B655	7,365,758	146,175	SH		SOLE		289	0	145,886
ISHARES TR MSCI EAFE ETF	COM	464287465	434,556	6,076	SH		SOLE		2,121	0	3,955
ISHARES NEW YORK MUNI BOND	COM	464288323	874,888	16,350	SH		SOLE		16,350	0	0
ISHARES NORTH AMERICAN TECH	COM	464287549	307,085	905	SH		SOLE		95	0	810
ISHARES TR S&P US PFD STK INDE	COM	464288687	1,774,451	56,837	SH		SOLE		36,337	0	20,500
ISHARES TR S&P 500 GROWTH ETF	COM	464287309	238,693	3,736	SH		SOLE		0	0	3,736
ISHARES TRUST S&P	COM	464287200	332,564	809	SH		SOLE		34	0	775
ISHARES US TECHNOLOGY ETF	COM	464287721	412,076	4,440	SH		SOLE		0	0	4,440
JEFFERSONVILLE BANCORP	COM	47559A103	510,563	31,094	SH		SOLE		31,094	0	0
JM SMUCKER CO	COM	832696405	1,246,370	7,920	SH		SOLE		7,920	0	0
JOHNSON & JOHNSON	COM	478160104	4,009,025	25,865	SH		SOLE		22,158	0	3,707
JP MORGAN CHASE & CO	COM	46625H100	10,990,073	84,338	SH		SOLE		64,841	0	19,497
K L A TENCOR CORP	COM	482480100	4,777,267	11,968	SH		SOLE		10,812	0	1,156
KIMBERLY-CLARK CORP	COM	494368103	211,396	1,575	SH		SOLE		450	0	1,125
L3HARRIS TECHNOLOGIES INC	COM	502431109	391,695	1,996	SH		SOLE		1,741	0	255
LENNAR CORP	COM	526057104	2,026,311	19,278	SH		SOLE		17,138	0	2,140
LIFE STORAGE INC	COM	53223X107	419,750	3,202	SH		SOLE		600	0	2,602
LINCOLN ELEC HLDGS INC	COM	533900106	3,538,756	20,927	SH		SOLE		17,933	0	2,994
LOCKHEED MARTIN CORP	COM	539830109	1,093,424	2,313	SH		SOLE		1,048	0	1,265
LOWES COMPANIES INC	COM	548661107	385,942	1,930	SH		SOLE		1,600	0	330
M & T BANK CORP	COM	55261F104	388,507	3,249	SH		SOLE		2,949	0	300
MAGNA INTERNATIONAL INC	COM	559222401	357,098	6,666	SH		SOLE		6,381	0	285
MARSH & MCLENNAN CO INC	COM	571748102	7,115,682	42,724	SH		SOLE		33,675	0	9,049
MASTERCARD INC	COM	57636Q104	378,673	1,042	SH		SOLE		1,042	0	0
MATERIALS SELECT SECTOR SPDR ETF	COM	81369Y100	465,892	5,776	SH		SOLE		25	0	5,751
MCDONALDS CORP	COM	580135101	2,800,468	10,016	SH		SOLE		7,358	0	2,658
MEDTRONIC PLC	COM	G5960L103	9,099,499	112,869	SH		SOLE		4,724	0	108,145
MERCK & CO INC	COM	58933Y105	2,607,258	24,507	SH		SOLE		18,561	0	5,946
META PLATFORMS INC	COM	30303M102	3,713,401	17,521	SH		SOLE		13,538	0	3,983
METLIFE INC	COM	59156R108	292,713	5,052	SH		SOLE		4,902	0	150
MICROSOFT CORP	COM	594918104	32,180,888	111,623	SH		SOLE		91,511	0	20,112
MODELEZ INTERANTIONAL INC	COM	609207105	2,768,511	39,709	SH		SOLE		32,500	0	7,209
MORGAN STANLEY	COM	617446448	5,111,152	58,214	SH		SOLE		44,996	0	13,218
NEW YORK COMMUNITY BANCORP INC	COM	649445103	101,248	11,200	SH		SOLE		11,200	0	0
NEXTERA ENERGY INC.	COM	65339F101	1,002,194	13,002	SH		SOLE		7,293	0	5,709
NIKE INC CLASS B	COM	654106103	1,363,021	11,114	SH		SOLE		5,567	0	5,547
NORFOLK SOUTHERN CORP	COM	655844108	460,676	2,173	SH		SOLE		2,128	0	45
NORTHROP GRUMMAN CORP	COM	666807102	1,198,163	2,595	SH		SOLE		2,270	0	325
NUCOR CORP	COM	670346105	3,043,677	19,704	SH		SOLE		17,582	0	2,122
NUVEEN AMT FREE MUNICIPAL CREDIT INCOME FD	COM	67071L106	123,690	10,500	SH		SOLE		10,500	0	0
NUVEEN AMT FREE MUN INCOME FD	COM	670657105	244,640	22,000	SH		SOLE		22,000	0	0
NUVEEN MUN HIGH INCOME OPP FD	COM	670682103	129,600	12,000	SH		SOLE		12,000	0	0
NUVEEN MUNICIPAL CR INCOME FD	COM	67070X101	125,475	10,500	SH		SOLE		10,500	0	0
NUVEEN MUNICIPAL VALUE FUND INC	COM	670928100	1,346,487	152,836	SH		SOLE		149,136	0	3,700
NVIDIA CORP	COM	67066G104	16,582,313	59,698	SH		SOLE		48,888	0	10,810
OCCIDENTAL PETROLEIM CORP	COM	674599105	288,988	4,629	SH		SOLE		4,529	0	100
ORACLE CORPORATION	COM	68389X105	2,839,682	30,560	SH		SOLE		29,910	0	650
ORANGE CNTY BANCORP INC	COM	68417L107	27,049,528	614,762	SH		SOLE		0	0	614,762
OSHKOSH CORP	COM	688239201	632,584	7,605	SH		SOLE		5,006	0	2,599
PEPSICO INCORPORATED	COM	713448108	8,898,214	48,811	SH		SOLE		36,576	0	12,235
PERKINELMER INC	COM	714046109	2,321,256	17,419	SH		SOLE		12,747	0	4,672
PFIZER INCORPORATED	COM	717081103	5,917,235	145,030	SH		SOLE		125,423	0	19,607
PHILLIPS 66	COM	718546104	703,881	6,943	SH		SOLE		4,618	0	2,325
PIERIS PHARMACEUTICALS INC	COM	720795103	13,720	14,000	SH		SOLE		14,000	0	0
PIMCO ETF ENHANCED SHORT FD	COM	72201R833	2,800,339	28,215	SH		SOLE		0	0	28,215
PLATINUM GROUP METALS LTD	COM	72765Q882	18,804	13,150	SH		SOLE		0	0	13,150
PNC FINANCIAL SERVICES	COM	693475105	535,345	4,212	SH		SOLE		1,457	0	2,755
PPL CORPORATION	COM	69351T106	425,798	15,322	SH		SOLE		14,422	0	900
PROCTER & GAMBLE CO	COM	742718109	3,504,833	23,571	SH		SOLE		18,993	0	4,578
PROLOGICS INC.	COM	74340W103	4,495,338	36,029	SH		SOLE		30,056	0	5,973
QUALCOMM INC	COM	747525103	499,093	3,912	SH		SOLE		2,568	0	1,344
RAYTHEON COMPANY NEW	COM	75513E101	1,271,131	12,980	SH		SOLE		4,617	0	8,363
READY CAPITAL CORPORATION	COM	75574U101	149,499	14,700	SH		SOLE		14,700	0	0
REAL ESTATE SELECT SECTOR SPDR	COM	81369Y860	417,161	11,160	SH		SOLE		0	0	11,160
REALTY INCOME CORP	COM	756109104	462,743	7,308	SH		SOLE		7,308	0	0
RESMED INC	COM	761152107	2,412,832	11,018	SH		SOLE		18	0	11,000
RITHM CAPITAL	COM	64828T201	140,800	17,600	SH		SOLE		17,600	0	0
ROYAL CARIBBIAN CRUISES LTD	COM	V7780T103	208,960	3,200	SH		SOLE		2,392	0	808
SALESFORCE COM	COM	79466L302	5,890,713	29,486	SH		SOLE		22,357	0	7,129
SALTBAE CAPITAL CORP	COM	79575K104	0	15,000	SH		SOLE		15,000	0	0
SCHLUMBERGER LTD	COM	806857108	2,157,307	43,937	SH		SOLE		40,412	0	3,525
SHELL PLC ADR	COM	780259305	367,393	6,385	SH		SOLE		5,835	0	550
SHERWIN WILLIAMS CO	COM	824348106	4,640,377	20,645	SH		SOLE		14,833	0	5,812
SIMON PROPERTY GROUP INC	COM	828806109	1,084,344	9,684	SH		SOLE		8,480	0	1,204
SOUTHERN COMPANY	COM	842587107	1,262,390	18,143	SH		SOLE		17,730	0	413
SOUTHWEST AIRLINES CO	COM	844741108	599,550	18,425	SH		SOLE		15,937	0	2,488
SPDR S&P 500 ETF TR	COM	78462F103	13,962,655	34,106	SH		SOLE		219	0	33,887
SPDR S&P MIDCAP 400 ETF TR	COM	78467Y107	4,340,226	9,468	SH		SOLE		380	0	9,088
SPDR PORTFOLIO EMERGING MARKETS ETF	COM	78463X509	201,572	5,906	SH		SOLE		1,457	0	4,449
SPDR SER TR BLOOMBERG BARCLAYS INTER TERM CORP BD ETF	COM	78464A375	17,738,858	545,979	SH		SOLE		4,405	0	541,574
SPDR PORTFOLIO S&P 400 MID CAP ETF	COM	78464A847	486,152	11,064	SH		SOLE		1,158	0	9,906
SPDR PORTFILIO S&P 500 GROWTH	COM	78464A409	564,340	10,194	SH		SOLE		0	0	10,194
SPDR PORTFILIO S&P 500 VALUE	COM	78464A508	487,378	11,969	SH		SOLE		0	0	11,969
SPDR PORTFOLIO S&P 600 SMALL CAP ETF	COM	78468R853	851,562	22,546	SH		SOLE		1,749	0	20,797
SPDR PORTFOLIO SHORT TERM CORPORATE BD ETF	COM	78464A474	10,391,122	350,696	SH		SOLE		1,005	0	349,691
SPDR S&P 600 SMALL CAP ETF	COM	78464A813	2,641,399	31,434	SH		SOLE		0	0	31,434
STARBUCKS CORP	COM	855244109	4,963,075	47,662	SH		SOLE		38,689	0	8,973
SUNOCO LP COM	COM	86765K109	526,680	12,000	SH		SOLE		12,000	0	0
SYSCO CORPORATION	COM	871829107	1,542,059	19,967	SH		SOLE		16,405	0	3,562
T. ROWE PRICE GROUP INC	COM	74144T108	335,878	2,975	SH		SOLE		2,975	0	0
SPDR SECTOR TECHNOLOGY ETF	COM	81369Y803	13,681,506	90,600	SH		SOLE		577	0	90,023
TESLA MOTORS INC	COM	88160R101	693,331	3,342	SH		SOLE		3,342	0	0
AES CORP	COM	00130H105	2,559,545	106,293	SH		SOLE		93,681	0	12,612
ESTEE LAUDER COMPANIES INC CL A	COM	518439104	3,239,717	13,145	SH		SOLE		8,291	0	4,854
THE HERSHEY CO	COM	427866108	297,660	1,170	SH		SOLE		425	0	745
THE HOME DEPOT INC	COM	437076102	13,261,610	44,936	SH		SOLE		36,188	0	8,748
THE KRAFT HEINZ CO	COM	500754106	292,727	7,570	SH		SOLE		6,995	0	575
THERMO FISHER SCIENTIFIC INC.	COM	883556102	12,770,941	22,158	SH		SOLE		17,555	0	4,603
TRUIST FINANCIAL CORP	COM	89832Q109	336,738	9,875	SH		SOLE		9,250	0	625
UNITED RENTALS INC	COM	911363109	3,617,642	9,141	SH		SOLE		8,060	0	1,081
UNITED HEALTHCARE CORP	COM	91324P102	10,232,240	21,651	SH		SOLE		16,312	0	5,339
SPDR SELECT SECTOR UTILITIES	COM	81369Y886	1,670,589	24,680	SH		SOLE		1,425	0	23,255
VALERO ENERGY CORP	COM	91913Y100	482,318	3,455	SH		SOLE		425	0	3,030
VANGUARD BOND INDEX FUND	COM	921937835	2,016,888	27,318	SH		SOLE		27,318	0	0
VANGUARD STAR FD TOTAL INTL STOCK	COM	921909768	759,027	13,748	SH		SOLE		13,748	0	0
Vanguard Total Stock Market ETF	COM	922908769	3,457,046	16,938	SH		SOLE		16,938	0	0
VERIZON COMMUNICATIONS	COM	92343V104	4,097,520	105,362	SH		SOLE		86,184	0	19,178
VISA INC	COM	92826C839	6,546,682	29,037	SH		SOLE		20,756	0	8,281
W.W. GRAINGER INC	COM	384802104	1,239,858	1,800	SH		SOLE		1,705	0	95
WALGREEN BOOTS ALLIANCE INC	COM	931427108	211,975	6,130	SH		SOLE		6,130	0	0
WAL-MART STORES INC	COM	931142103	2,801,187	18,998	SH		SOLE		12,149	0	6,849
DISNEY WALT CO	COM	254687106	3,912,777	39,077	SH		SOLE		28,380	0	10,697
WEBSTER FINL CORP	COM	947890109	2,468,047	62,609	SH		SOLE		62,609	0	0
WEYERHAEUSER CO	COM	962166104	2,595,669	86,149	SH		SOLE		76,652	0	9,497
WILLIAMS COMPANIES	COM	969457100	372,802	12,485	SH		SOLE		12,235	0	250
VISA INC	COM	92826C839	5,753,913	27,695	SH		SOLE		19,367	0	8,328
WALGREEN BOOTS ALLIANCE INC	COM	931427108	241,682	6,469	SH		SOLE		6,469	0	0
WAL-MART STORES INC	COM	931142103	2,808,293	19,806	SH		SOLE		12,612	0	7,194
DISNEY WALT CO	COM	254687106	4,017,418	46,241	SH		SOLE		35,389	0	10,852
WEBSTER FINL CORP	COM	947890109	3,052,152	64,473	SH		SOLE		64,473	0	0
WEYERHAEUSER CO	COM	962166104	2,160,700	69,700	SH		SOLE		62,784	0	6,916
WILLIAMS COMPANIES	COM	969457100	430,990	13,100	SH		SOLE		12,850	0	250
XCEL ENERGY INC	COM	98389B100	442,254	6,308	SH		SOLE		6,308	0	0