# EDGAR Filing Document

**Accession Number:** 0001387130
**File Stem:** 0001420506-23-000349
**Filing Date:** 2023-2
**Character Count:** 21539
**Document Hash:** bd044352609d2dcaed0c02e3bcc0a36d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-23-000349.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001420506-23-000349

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Marble Harbor Investment Counsel, LLC
- **CENTRAL INDEX KEY:** 0001387130
- **IRS NUMBER:** 203734538

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12079
- **FILM NUMBER:** 23610515

**BUSINESS ADDRESS:**
- **STREET 1:** 101 FEDERAL STREET
- **STREET 2:** SUITE 2920
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 617-956-6710

**MAIL ADDRESS:**
- **STREET 1:** 101 FEDERAL STREET
- **STREET 2:** SUITE 2920
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

### 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:** Marble Harbor Investment Counsel LLC<br>**Address:** 101 FEDERAL STREET<br>SUITE 2920<br>BOSTON, MA 02110

**Form 13F File Number:** 028-12079

**CRD Number (if applicable):** 000138538

**SEC File Number (if applicable):** 801-65234

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:** Paul R. Davis<br>**Title:** Managing Member<br>**Phone:** 617-956-6710

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

Paul R. Davis Managing Member  BOSTON, MA  02-10-2023<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:** 184

**Form 13F Information Table Value Total:** $742515863

      (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 |
| 3M CO | COM | 88579Y101 |  | 517934 | 4319 | SH |  | SOLE |  | 4319 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 22258825 | 202740 | SH |  | SOLE |  | 194835 | 0 | 7905 |
| ABBVIE INC | COM | 00287Y109 |  | 33190903 | 205377 | SH |  | SOLE |  | 196557 | 0 | 8820 |
| ABRDN GOLD ETF TRUST | PHYSCL GOLD SHS | 00326A104 |  | 1167870 | 66850 | SH |  | SOLE |  | 62850 | 0 | 4000 |
| ABRDN SILVER ETF TRUST | PHYSCL SILVR SHS | 003264108 |  | 1392588 | 60600 | SH |  | SOLE |  | 60600 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 220143 | 825 | SH |  | SOLE |  | 800 | 0 | 25 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 11115856 | 36060 | SH |  | SOLE |  | 35950 | 0 | 110 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 220840 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1510498 | 17120 | SH |  | SOLE |  | 17120 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1929434 | 21745 | SH |  | SOLE |  | 21745 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 352470 | 7711 | SH |  | SOLE |  | 6911 | 0 | 800 |
| AMAZON COM INC | COM | 023135106 |  | 849240 | 10110 | SH |  | SOLE |  | 10110 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1368608 | 9263 | SH |  | SOLE |  | 9159 | 0 | 104 |
| AMGEN INC | COM | 031162100 |  | 604548 | 2302 | SH |  | SOLE |  | 2302 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 971553 | 3237 | SH |  | SOLE |  | 3237 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 38301759 | 294788 | SH |  | SOLE |  | 286223 | 0 | 8565 |
| AT INC | COM | 00206R102 |  | 1151214 | 62532 | SH |  | SOLE |  | 60532 | 0 | 2000 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 33524558 | 140352 | SH |  | SOLE |  | 136683 | 0 | 3669 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 282660 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 215709 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 601967 | 18175 | SH |  | SOLE |  | 18175 | 0 | 0 |
| BANK HAWAII CORP | COM | 062540109 |  | 12520666 | 161432 | SH |  | SOLE |  | 155027 | 0 | 6405 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1219369 | 4795 | SH |  | SOLE |  | 4795 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 6217539 | 20128 | SH |  | SOLE |  | 19347 | 0 | 781 |
| BLACKSTONE INC | COM | 09260D107 |  | 304179 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 813392 | 4270 | SH |  | SOLE |  | 4270 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1220848 | 16968 | SH |  | SOLE |  | 16468 | 0 | 500 |
| CARDIOL THERAPEUTICS INC | COM CL A | 14161Y200 |  | 18819 | 36900 | SH |  | SOLE |  | 36900 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 471300 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 255738 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 696836 | 16893 | SH |  | SOLE |  | 16893 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 827440 | 3454 | SH |  | SOLE |  | 3454 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 240264 | 2350 | SH |  | SOLE |  | 2350 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 5405521 | 30116 | SH |  | SOLE |  | 29768 | 0 | 348 |
| CHUBB LIMITED | COM | H1467J104 |  | 2896919 | 13132 | SH |  | SOLE |  | 13112 | 0 | 20 |
| CISCO SYS INC | COM | 17275R102 |  | 22089192 | 463669 | SH |  | SOLE |  | 449594 | 0 | 14075 |
| CLOROX CO DEL | COM | 189054109 |  | 364858 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 11095008 | 174422 | SH |  | SOLE |  | 168703 | 0 | 5719 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 861647 | 10936 | SH |  | SOLE |  | 10908 | 0 | 28 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 451350 | 3825 | SH |  | SOLE |  | 3825 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 205906 | 3503 | SH |  | SOLE |  | 3494 | 0 | 9 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 921926 | 2020 | SH |  | SOLE |  | 2020 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 314977 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 390000 | 4185 | SH |  | SOLE |  | 4185 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 5413772 | 20397 | SH |  | SOLE |  | 20397 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 206032 | 481 | SH |  | SOLE |  | 428 | 0 | 53 |
| DEXCOM INC | COM | 252131107 |  | 16157196 | 142681 | SH |  | SOLE |  | 138881 | 0 | 3800 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 3375453 | 18943 | SH |  | SOLE |  | 18443 | 0 | 500 |
| DISNEY WALT CO | COM | 254687106 |  | 3700341 | 42591 | SH |  | SOLE |  | 42091 | 0 | 500 |
| DOVER CORP | COM | 260003108 |  | 216656 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 286618 | 5688 | SH |  | SOLE |  | 5679 | 0 | 9 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1445271 | 14033 | SH |  | SOLE |  | 14033 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 390025 | 5683 | SH |  | SOLE |  | 5683 | 0 | 0 |
| EATON VANCE FLTING RATE INC | COM | 278279104 |  | 6035045 | 544188 | SH |  | SOLE |  | 506588 | 0 | 37600 |
| EATON VANCE SR FLTNG RTE TR | COM | 27828Q105 |  | 6770602 | 618885 | SH |  | SOLE |  | 603485 | 0 | 15400 |
| EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 |  | 113305 | 21500 | SH |  | SOLE |  | 21500 | 0 | 0 |
| EBAY INC. | COM | 278642103 |  | 13495209 | 325421 | SH |  | SOLE |  | 314862 | 0 | 10559 |
| ECOLAB INC | COM | 278865100 |  | 6305388 | 43318 | SH |  | SOLE |  | 41490 | 0 | 1828 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 5469286 | 73305 | SH |  | SOLE |  | 73270 | 0 | 35 |
| EMERSON ELEC CO | COM | 291011104 |  | 3974098 | 41371 | SH |  | SOLE |  | 40471 | 0 | 900 |
| ENBRIDGE INC | COM | 29250N105 |  | 456610 | 11678 | SH |  | SOLE |  | 11678 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 12526110 | 96712 | SH |  | SOLE |  | 90435 | 0 | 6277 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 348858 | 4161 | SH |  | SOLE |  | 3361 | 0 | 800 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 3935970 | 37875 | SH |  | SOLE |  | 37275 | 0 | 600 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 16675824 | 151186 | SH |  | SOLE |  | 144024 | 0 | 7162 |
| FEDEX CORP | COM | 31428X106 |  | 372380 | 2150 | SH |  | SOLE |  | 2150 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 19012177 | 188109 | SH |  | SOLE |  | 173359 | 0 | 14750 |
| FORTIVE CORP | COM | 34959J108 |  | 513679 | 7995 | SH |  | SOLE |  | 7995 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 4980061 | 59436 | SH |  | SOLE |  | 56691 | 0 | 2745 |
| GENUINE PARTS CO | COM | 372460105 |  | 457546 | 2637 | SH |  | SOLE |  | 2637 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 230947 | 2690 | SH |  | SOLE |  | 2522 | 0 | 168 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 9912642 | 514408 | SH |  | SOLE |  | 493912 | 0 | 20496 |
| HINGHAM INSTN SVGS MASS | COM | 433323102 |  | 884452 | 3205 | SH |  | SOLE |  | 1755 | 0 | 1450 |
| HOLOGIC INC | COM | 436440101 |  | 613442 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2758509 | 8733 | SH |  | SOLE |  | 8508 | 0 | 225 |
| HONEYWELL INTL INC | COM | 438516106 |  | 669045 | 3122 | SH |  | SOLE |  | 3122 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 211467 | 7870 | SH |  | SOLE |  | 7870 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 303207 | 1292 | SH |  | SOLE |  | 1292 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 503215 | 35689 | SH |  | SOLE |  | 35689 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 299447 | 1311 | SH |  | SOLE |  | 1156 | 0 | 155 |
| IDEXX LABS INC | COM | 45168D104 |  | 16462818 | 40354 | SH |  | SOLE |  | 39435 | 0 | 919 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 633363 | 2875 | SH |  | SOLE |  | 2475 | 0 | 400 |
| INTEL CORP | COM | 458140100 |  | 1708012 | 64624 | SH |  | SOLE |  | 60024 | 0 | 4600 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 366878 | 2604 | SH |  | SOLE |  | 2604 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | KBW REGL BKG | 46138E578 |  | 239338 | 4200 | SH |  | SOLE |  | 4200 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 |  | 246516 | 4783 | SH |  | SOLE |  | 4783 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 600461 | 2255 | SH |  | SOLE |  | 2255 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 23510875 | 471632 | SH |  | SOLE |  | 451760 | 0 | 19872 |
| ISHARES INC | EM MKTS DIV ETF | 464286319 |  | 279792 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1231750 | 32500 | SH |  | SOLE |  | 32500 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1151900 | 2998 | SH |  | SOLE |  | 2998 | 0 | 0 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 503300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ISHARES TR | LATN AMER 40 ETF | 464287390 |  | 526470 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10188685 | 57677 | SH |  | SOLE |  | 57167 | 0 | 510 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 315648 | 4932 | SH |  | SOLE |  | 4932 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1448178 | 10799 | SH |  | SOLE |  | 10799 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1302929 | 9598 | SH |  | SOLE |  | 9298 | 0 | 300 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 272921 | 1159 | SH |  | SOLE |  | 1159 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1155825 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 2593806 | 7090 | SH |  | SOLE |  | 6190 | 0 | 900 |
| LKQ CORP | COM | 501889208 |  | 1750780 | 32780 | SH |  | SOLE |  | 31380 | 0 | 1400 |
| LOWES COS INC | COM | 548661107 |  | 474390 | 2381 | SH |  | SOLE |  | 2381 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 7214785 | 27377 | SH |  | SOLE |  | 27227 | 0 | 150 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 871086 | 11208 | SH |  | SOLE |  | 10283 | 0 | 925 |
| MERCK  CO INC | COM | 58933Y105 |  | 7914711 | 71336 | SH |  | SOLE |  | 65236 | 0 | 6100 |
| MICROSOFT CORP | COM | 594918104 |  | 41307151 | 172243 | SH |  | SOLE |  | 167148 | 0 | 5095 |
| MOSAIC CO NEW | COM | 61945C103 |  | 543769 | 12395 | SH |  | SOLE |  | 10395 | 0 | 2000 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1232986 | 14749 | SH |  | SOLE |  | 14749 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 328798 | 2810 | SH |  | SOLE |  | 2810 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1774792 | 7202 | SH |  | SOLE |  | 7202 | 0 | 0 |
| NORTHERN TR CORP | COM | 665859104 |  | 10160755 | 114824 | SH |  | SOLE |  | 111066 | 0 | 3758 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 1091220 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 349297 | 2650 | SH |  | SOLE |  | 2650 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 |  | 466662 | 6390 | SH |  | SOLE |  | 6390 | 0 | 0 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 86000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 478786 | 3276 | SH |  | SOLE |  | 3276 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 210240 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| ONESPAWORLD HOLDINGS LIMITED | COM | P73684113 |  | 763194 | 81800 | SH |  | SOLE |  | 81250 | 0 | 550 |
| ORACLE CORP | COM | 68389X105 |  | 257481 | 3150 | SH |  | SOLE |  | 3150 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 18724806 | 22185 | SH |  | SOLE |  | 22077 | 0 | 108 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 7464404 | 267254 | SH |  | SOLE |  | 253419 | 0 | 13835 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 848332 | 10833 | SH |  | SOLE |  | 10833 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 8748042 | 30062 | SH |  | SOLE |  | 29272 | 0 | 790 |
| PAYCHEX INC | COM | 704326107 |  | 563702 | 4878 | SH |  | SOLE |  | 4878 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 9988106 | 140243 | SH |  | SOLE |  | 135038 | 0 | 5205 |
| PEPSICO INC | COM | 713448108 |  | 16475139 | 91194 | SH |  | SOLE |  | 90440 | 0 | 754 |
| PFIZER INC | COM | 717081103 |  | 17801032 | 347405 | SH |  | SOLE |  | 336335 | 0 | 11070 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 803911 | 7943 | SH |  | SOLE |  | 7443 | 0 | 500 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 26004968 | 171582 | SH |  | SOLE |  | 168202 | 0 | 3380 |
| PROGRESSIVE CORP | COM | 743315103 |  | 11162453 | 86057 | SH |  | SOLE |  | 78457 | 0 | 7600 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 2895395 | 28690 | SH |  | SOLE |  | 28690 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 517716 | 2010 | SH |  | SOLE |  | 1600 | 0 | 410 |
| ROLLINS INC | COM | 775711104 |  | 280067 | 7665 | SH |  | SOLE |  | 6107 | 0 | 1558 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 351289 | 813 | SH |  | SOLE |  | 813 | 0 | 0 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 470664 | 5006 | SH |  | SOLE |  | 5006 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 515705 | 5292 | SH |  | SOLE |  | 5292 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 903634 | 16903 | SH |  | SOLE |  | 15903 | 0 | 1000 |
| SEMPRA | COM | 816851109 |  | 347715 | 2250 | SH |  | SOLE |  | 2250 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 2790265 | 48995 | SH |  | SOLE |  | 47195 | 0 | 1800 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2148786 | 9054 | SH |  | SOLE |  | 9054 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 442103 | 6191 | SH |  | SOLE |  | 5791 | 0 | 400 |
| SPDR INDEX SHS FDS | DJ INTL RL ETF | 78463X863 |  | 254315 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 313740 | 821 | SH |  | SOLE |  | 770 | 0 | 51 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1239812 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| SPDR SER TR | S 600 SMCP VAL | 78464A300 |  | 593760 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 1199328 | 12090 | SH |  | SOLE |  | 12050 | 0 | 40 |
| STERICYCLE INC | COM | 858912108 |  | 4859286 | 97400 | SH |  | SOLE |  | 93100 | 0 | 4300 |
| STRYKER CORPORATION | COM | 863667101 |  | 6359674 | 26012 | SH |  | SOLE |  | 25012 | 0 | 1000 |
| SYSCO CORP | COM | 871829107 |  | 700894 | 9168 | SH |  | SOLE |  | 9168 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 3451343 | 90634 | SH |  | SOLE |  | 85555 | 0 | 5079 |
| TE CONNECTIVITY LTD | SHS | H84989104 |  | 1268081 | 11046 | SH |  | SOLE |  | 11046 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 318299 | 578 | SH |  | SOLE |  | 578 | 0 | 0 |
| TOOTSIE ROLL INDS INC | COM | 890516107 |  | 1438014 | 33780 | SH |  | SOLE |  | 33045 | 0 | 735 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 317972 | 4910 | SH |  | SOLE |  | 4910 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 449940 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 251860 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 246715 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2326431 | 11235 | SH |  | SOLE |  | 11235 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 578887 | 3330 | SH |  | SOLE |  | 3330 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 211683 | 4854 | SH |  | SOLE |  | 4854 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 |  | 6123042 | 35330 | SH |  | SOLE |  | 33530 | 0 | 1800 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 1775552 | 10855 | SH |  | SOLE |  | 8855 | 0 | 2000 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 2248767 | 14161 | SH |  | SOLE |  | 13661 | 0 | 500 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 6439008 | 18327 | SH |  | SOLE |  | 16877 | 0 | 1450 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2483965 | 13534 | SH |  | SOLE |  | 12934 | 0 | 600 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 2317688 | 28100 | SH |  | SOLE |  | 27500 | 0 | 600 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 14209818 | 364541 | SH |  | SOLE |  | 346551 | 0 | 17990 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 |  | 923949 | 22350 | SH |  | SOLE |  | 20850 | 0 | 1500 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 1036902 | 14735 | SH |  | SOLE |  | 14735 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 759706 | 5003 | SH |  | SOLE |  | 5003 | 0 | 0 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 504653 | 6100 | SH |  | SOLE |  | 6100 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 392936 | 9973 | SH |  | SOLE |  | 9973 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 1989072 | 196549 | SH |  | SOLE |  | 193049 | 0 | 3500 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 14375605 | 384786 | SH |  | SOLE |  | 370741 | 0 | 14045 |
| WALMART INC | COM | 931142103 |  | 7740645 | 54592 | SH |  | SOLE |  | 49152 | 0 | 5440 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 139621 | 14728 | SH |  | SOLE |  | 14246 | 0 | 482 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 427184 | 2723 | SH |  | SOLE |  | 2298 | 0 | 425 |
| WATERS CORP | COM | 941848103 |  | 387115 | 1130 | SH |  | SOLE |  | 1130 | 0 | 0 |
| WD 40 CO | COM | 929236107 |  | 225694 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 724952 | 7732 | SH |  | SOLE |  | 7632 | 0 | 100 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 4467950 | 108209 | SH |  | SOLE |  | 102509 | 0 | 5700 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 570958 | 18418 | SH |  | SOLE |  | 18418 | 0 | 0 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 2700679 | 74625 | SH |  | SOLE |  | 70875 | 0 | 3750 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 333030 | 2612 | SH |  | SOLE |  | 2612 | 0 | 0 |

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