# EDGAR Filing Document

**Accession Number:** 0001649147
**File Stem:** 0001172661-23-000803
**Filing Date:** 2023-2
**Character Count:** 13087
**Document Hash:** 0745f8192441e83e79385c7e9f39ce5b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000803.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001172661-23-000803

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Harfst & Associates, Inc.
- **CENTRAL INDEX KEY:** 0001649147
- **IRS NUMBER:** 900534269
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16956
- **FILM NUMBER:** 23619843

**BUSINESS ADDRESS:**
- **STREET 1:** 1949 SUGARLAND DRIVE
- **STREET 2:** #220
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801
- **BUSINESS PHONE:** 307-218-5667

**MAIL ADDRESS:**
- **STREET 1:** 1949 SUGARLAND DRIVE
- **STREET 2:** #220
- **CITY:** SHERIDAN
- **STATE:** WY
- **ZIP:** 82801

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Harfst  Associates Inc.<br>**Address:** 1949 Sugarland Drive

#220<br>Sheridan, WY 82801

**Form 13F File Number:** 028-16956

**CRD Number (if applicable):** 000145090

**SEC File Number (if applicable):** 801-71661

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Robby Harfst<br>**Title:** Member/Chief Compliance Officer<br>**Phone:** 307-218-5667

**Signature, Place, and Date of Signing:**

/s/ Robby Harfst  Sheridan, WY  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 98

**Form 13F Information Table Value Total:** $346725878

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 1777281 | 16188 | SH |  | SOLE |  | 0 | 0 | 16188 |
| ABBVIE INC | COM | 00287Y109 |  | 433276 | 2681 | SH |  | SOLE |  | 0 | 0 | 2681 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1407047 | 5273 | SH |  | SOLE |  | 0 | 0 | 5273 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 2463063 | 7319 | SH |  | SOLE |  | 0 | 0 | 7319 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1201743 | 18554 | SH |  | SOLE |  | 0 | 0 | 18554 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 2816572 | 9137 | SH |  | SOLE |  | 0 | 0 | 9137 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1884946 | 21364 | SH |  | SOLE |  | 0 | 0 | 21364 |
| AMAZON COM INC | COM | 023135106 |  | 1399776 | 16664 | SH |  | SOLE |  | 0 | 0 | 16664 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 586665 | 3849 | SH |  | SOLE |  | 0 | 0 | 3849 |
| AMGEN INC | COM | 031162100 |  | 657388 | 2503 | SH |  | SOLE |  | 0 | 0 | 2503 |
| APPLE INC | COM | 037833100 |  | 4331677 | 33339 | SH |  | SOLE |  | 0 | 0 | 33339 |
| APPLIED MATLS INC | COM | 038222105 |  | 1985773 | 20392 | SH |  | SOLE |  | 0 | 0 | 20392 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1866691 | 7815 | SH |  | SOLE |  | 0 | 0 | 7815 |
| AUTONATION INC | COM | 05329W102 |  | 528131 | 4922 | SH |  | SOLE |  | 0 | 0 | 4922 |
| BARNES GROUP INC | COM | 067806109 |  | 5916946 | 144846 | SH |  | SOLE |  | 0 | 0 | 144846 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 937422 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3166225 | 10250 | SH |  | SOLE |  | 0 | 0 | 10250 |
| BLACKROCK INC | COM | 09247X101 |  | 2033768 | 2870 | SH |  | SOLE |  | 0 | 0 | 2870 |
| CATERPILLAR INC | COM | 149123101 |  | 707660 | 2954 | SH |  | SOLE |  | 0 | 0 | 2954 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2074366 | 11557 | SH |  | SOLE |  | 0 | 0 | 11557 |
| CHUBB LIMITED | COM | H1467J104 |  | 2626464 | 11906 | SH |  | SOLE |  | 0 | 0 | 11906 |
| CISCO SYS INC | COM | 17275R102 |  | 2131590 | 44744 | SH |  | SOLE |  | 0 | 0 | 44744 |
| COPART INC | COM | 217204106 |  | 680080 | 11169 | SH |  | SOLE |  | 0 | 0 | 11169 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2576486 | 5644 | SH |  | SOLE |  | 0 | 0 | 5644 |
| CUMMINS INC | COM | 231021106 |  | 2152262 | 8883 | SH |  | SOLE |  | 0 | 0 | 8883 |
| CVS HEALTH CORP | COM | 126650100 |  | 723714 | 7766 | SH |  | SOLE |  | 0 | 0 | 7766 |
| DEERE  CO | COM | 244199105 |  | 828364 | 1932 | SH |  | SOLE |  | 0 | 0 | 1932 |
| EATON CORP PLC | SHS | G29183103 |  | 591388 | 3768 | SH |  | SOLE |  | 0 | 0 | 3768 |
| ECOLAB INC | COM | 278865100 |  | 467975 | 3215 | SH |  | SOLE |  | 0 | 0 | 3215 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 493241 | 4037 | SH |  | SOLE |  | 0 | 0 | 4037 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 2015459 | 3929 | SH |  | SOLE |  | 0 | 0 | 3929 |
| EOG RES INC | COM | 26875P101 |  | 1461892 | 11287 | SH |  | SOLE |  | 0 | 0 | 11287 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 2247894 | 21631 | SH |  | SOLE |  | 0 | 0 | 21631 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 799307 | 7247 | SH |  | SOLE |  | 0 | 0 | 7247 |
| FASTENAL CO | COM | 311900104 |  | 1525218 | 32232 | SH |  | SOLE |  | 0 | 0 | 32232 |
| FEDEX CORP | COM | 31428X106 |  | 534149 | 3084 | SH |  | SOLE |  | 0 | 0 | 3084 |
| GENTEX CORP | COM | 371901109 |  | 1348665 | 49456 | SH |  | SOLE |  | 0 | 0 | 49456 |
| GRAINGER W W INC | COM | 384802104 |  | 794325 | 1428 | SH |  | SOLE |  | 0 | 0 | 1428 |
| HOME DEPOT INC | COM | 437076102 |  | 556545 | 1762 | SH |  | SOLE |  | 0 | 0 | 1762 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1726760 | 8058 | SH |  | SOLE |  | 0 | 0 | 8058 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 618925 | 6033 | SH |  | SOLE |  | 0 | 0 | 6033 |
| INTUIT | COM | 461202103 |  | 1902507 | 4888 | SH |  | SOLE |  | 0 | 0 | 4888 |
| INVESCO ACTIVELY MANAGED ETF | VAR RATE INVT | 46090A879 |  | 484613 | 19612 | SH |  | SOLE |  | 0 | 0 | 19612 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 1670218 | 26138 | SH |  | SOLE |  | 0 | 0 | 26138 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2024 CB | 46138J841 |  | 392802 | 19175 | SH |  | SOLE |  | 0 | 0 | 19175 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 CB | 46138J825 |  | 505917 | 25120 | SH |  | SOLE |  | 0 | 0 | 25120 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2023 CB | 46138J866 |  | 1824932 | 86984 | SH |  | SOLE |  | 0 | 0 | 86984 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 17252119 | 64789 | SH |  | SOLE |  | 0 | 0 | 64789 |
| ISHARES TR | MSCI KLD400 SOC | 464288570 |  | 650561 | 9062 | SH |  | SOLE |  | 0 | 0 | 9062 |
| ISHARES TR | CORE S ETF | 464287200 |  | 42887106 | 111624 | SH |  | SOLE |  | 0 | 0 | 111624 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 533029 | 2488 | SH |  | SOLE |  | 0 | 0 | 2488 |
| ISHARES TR | MSCI USA ESG SLC | 464288802 |  | 235929 | 2866 | SH |  | SOLE |  | 0 | 0 | 2866 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 1519846 | 12658 | SH |  | SOLE |  | 0 | 0 | 12658 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1853340 | 10492 | SH |  | SOLE |  | 0 | 0 | 10492 |
| LITHIA MTRS INC | COM | 536797103 |  | 2514821 | 12283 | SH |  | SOLE |  | 0 | 0 | 12283 |
| LOWES COS INC | COM | 548661107 |  | 820470 | 4118 | SH |  | SOLE |  | 0 | 0 | 4118 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2324923 | 6686 | SH |  | SOLE |  | 0 | 0 | 6686 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1182976 | 15221 | SH |  | SOLE |  | 0 | 0 | 15221 |
| MERCK  CO INC | COM | 58933Y105 |  | 518358 | 4672 | SH |  | SOLE |  | 0 | 0 | 4672 |
| METLIFE INC | COM | 59156R108 |  | 2399644 | 33158 | SH |  | SOLE |  | 0 | 0 | 33158 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 374400 | 7491 | SH |  | SOLE |  | 0 | 0 | 7491 |
| MICROSOFT CORP | COM | 594918104 |  | 2725272 | 11364 | SH |  | SOLE |  | 0 | 0 | 11364 |
| NIKE INC | CL B | 654106103 |  | 2102085 | 17965 | SH |  | SOLE |  | 0 | 0 | 17965 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 616050 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| NORTHERN TR CORP | COM | 665859104 |  | 1334606 | 15082 | SH |  | SOLE |  | 0 | 0 | 15082 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1669503 | 11424 | SH |  | SOLE |  | 0 | 0 | 11424 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 542133 | 1863 | SH |  | SOLE |  | 0 | 0 | 1863 |
| PEPSICO INC | COM | 713448108 |  | 360055 | 1993 | SH |  | SOLE |  | 0 | 0 | 1993 |
| PPG INDS INC | COM | 693506107 |  | 786881 | 6258 | SH |  | SOLE |  | 0 | 0 | 6258 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 13968982 | 92168 | SH |  | SOLE |  | 0 | 0 | 92168 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1144685 | 11509 | SH |  | SOLE |  | 0 | 0 | 11509 |
| QUALCOMM INC | COM | 747525103 |  | 1546966 | 14071 | SH |  | SOLE |  | 0 | 0 | 14071 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 119186046 | 1115452 | SH |  | SOLE |  | 0 | 0 | 1115452 |
| RESMED INC | COM | 761152107 |  | 2268409 | 10899 | SH |  | SOLE |  | 0 | 0 | 10899 |
| ROBERT HALF INTL INC | COM | 770323103 |  | 1324584 | 17941 | SH |  | SOLE |  | 0 | 0 | 17941 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 636455 | 2471 | SH |  | SOLE |  | 0 | 0 | 2471 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2661406 | 31965 | SH |  | SOLE |  | 0 | 0 | 31965 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 689233 | 10505 | SH |  | SOLE |  | 0 | 0 | 10505 |
| SIMPSON MFG INC | COM | 829073105 |  | 1309597 | 14771 | SH |  | SOLE |  | 0 | 0 | 14771 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1064034 | 11676 | SH |  | SOLE |  | 0 | 0 | 11676 |
| SMITH A O CORP | COM | 831865209 |  | 1356016 | 23690 | SH |  | SOLE |  | 0 | 0 | 23690 |
| SNAP ON INC | COM | 833034101 |  | 1654496 | 7241 | SH |  | SOLE |  | 0 | 0 | 7241 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 380960 | 3045 | SH |  | SOLE |  | 0 | 0 | 3045 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 7855007 | 122086 | SH |  | SOLE |  | 0 | 0 | 122086 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 734448 | 9777 | SH |  | SOLE |  | 0 | 0 | 9777 |
| TARGET CORP | COM | 87612E106 |  | 1189041 | 7978 | SH |  | SOLE |  | 0 | 0 | 7978 |
| TESLA INC | COM | 88160R101 |  | 850188 | 6902 | SH |  | SOLE |  | 0 | 0 | 6902 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2239392 | 13554 | SH |  | SOLE |  | 0 | 0 | 13554 |
| UFP INDUSTRIES INC | COM | 90278Q108 |  | 1706015 | 21527 | SH |  | SOLE |  | 0 | 0 | 21527 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2520476 | 4754 | SH |  | SOLE |  | 0 | 0 | 4754 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 6129859 | 32062 | SH |  | SOLE |  | 0 | 0 | 32062 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1749083 | 4978 | SH |  | SOLE |  | 0 | 0 | 4978 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 9427787 | 70960 | SH |  | SOLE |  | 0 | 0 | 70960 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 640225 | 2217 | SH |  | SOLE |  | 0 | 0 | 2217 |
| VISA INC | COM CL A | 92826C839 |  | 1957515 | 9422 | SH |  | SOLE |  | 0 | 0 | 9422 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 1670750 | 7099 | SH |  | SOLE |  | 0 | 0 | 7099 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 1244239 | 10827 | SH |  | SOLE |  | 0 | 0 | 10827 |
| ZOETIS INC | CL A | 98978V103 |  | 557769 | 3806 | SH |  | SOLE |  | 0 | 0 | 3806 |

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