# EDGAR Filing Document

**Accession Number:** 0001308016
**File Stem:** 0001085146-23-000254
**Filing Date:** 2023-1
**Character Count:** 24599
**Document Hash:** 354b471359c8be3e69ddd62ab92fe283
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000254.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001085146-23-000254

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GRANDFIELD & DODD, LLC
- **CENTRAL INDEX KEY:** 0001308016
- **IRS NUMBER:** 134154503
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10973
- **FILM NUMBER:** 23540883

**BUSINESS ADDRESS:**
- **STREET 1:** 40 WALL STREET, SUITE 4700
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005
- **BUSINESS PHONE:** (212) 477-9626

**MAIL ADDRESS:**
- **STREET 1:** 40 WALL STREET, SUITE 4700
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Grandfield & Dodd, LLC
- **DATE OF NAME CHANGE:** 20041105

### 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:** GRANDFIELD  DODD LLC<br>**Address:** 40 WALL STREET SUITE 4700<br>NEW YORK, NY 10005

**Form 13F File Number:** 028-10973

**CRD Number (if applicable):** 000110971

**SEC File Number (if applicable):** 801-60064

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:** Tae-Gene K. Cho<br>**Title:** Principal  Chief Compliance Officer<br>**Phone:** 212-477-9626

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

/s/  Tae-Gene K. Cho  New York, NY  01-20-2023<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:** 190

**Form 13F Information Table Value Total:** $1366762796

      (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 | BBG001S5T7X2 | 1376682 | 11480 | SH |  | SOLE |  | 10622 | 0 | 858 |
| ABB LTD | SPONSORED ADR | 000375204 | BBG001SDDMX9 | 27936815 | 917164 | SH |  | SOLE |  | 788862 | 0 | 128302 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 1564617 | 14250 | SH |  | SOLE |  | 11726 | 0 | 2524 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 955438 | 5912 | SH |  | SOLE |  | 4345 | 0 | 1567 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 453203 | 1698 | SH |  | SOLE |  | 1698 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 2729258 | 8110 | SH |  | SOLE |  | 6094 | 0 | 2016 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 29507804 | 95723 | SH |  | SOLE |  | 83509 | 0 | 12214 |
| ALBEMARLE CORP | COM | 012653101 | BBG001S7SBP9 | 29536261 | 136199 | SH |  | SOLE |  | 119378 | 0 | 16821 |
| ALLSTATE CORP | COM | 020002101 | BBG001S9BM06 | 5795680 | 42741 | SH |  | SOLE |  | 2720 | 0 | 40021 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 1758510 | 19930 | SH |  | SOLE |  | 15750 | 0 | 4180 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 1790640 | 20180 | SH |  | SOLE |  | 17720 | 0 | 2460 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 466196 | 10199 | SH |  | SOLE |  | 3807 | 0 | 6392 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 982957 | 11701 | SH |  | SOLE |  | 10101 | 0 | 1600 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 2793032 | 18903 | SH |  | SOLE |  | 13128 | 0 | 5775 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 418424 | 1975 | SH |  | SOLE |  | 1688 | 0 | 287 |
| AMETEK INC | COM | 031100100 | BBG001S5NN54 | 370118 | 2649 | SH |  | SOLE |  | 2649 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 2526334 | 9619 | SH |  | SOLE |  | 8164 | 0 | 1455 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 43640346 | 266051 | SH |  | SOLE |  | 228142 | 0 | 37909 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 13318279 | 102503 | SH |  | SOLE |  | 86331 | 0 | 16172 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 20911576 | 214742 | SH |  | SOLE |  | 193516 | 0 | 21226 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 858619 | 12664 | SH |  | SOLE |  | 11998 | 0 | 666 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 334909 | 18191 | SH |  | SOLE |  | 11801 | 0 | 6390 |
| AUTODESK INC | COM | 052769106 | BBG001S5SCD4 | 24539158 | 131316 | SH |  | SOLE |  | 120966 | 0 | 10350 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 1601795 | 6706 | SH |  | SOLE |  | 5125 | 0 | 1581 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 11499797 | 4663 | SH |  | SOLE |  | 4175 | 0 | 488 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 265993 | 8031 | SH |  | SOLE |  | 7173 | 0 | 858 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 785787 | 3090 | SH |  | SOLE |  | 2461 | 0 | 629 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 9374219 | 20 | SH |  | SOLE |  | 14 | 0 | 6 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 33172462 | 107389 | SH |  | SOLE |  | 94054 | 0 | 13335 |
| BIOMARIN PHARMACEUTICAL INC | COM | 09061G101 | BBG001S76R05 | 1594781 | 15410 | SH |  | SOLE |  | 14210 | 0 | 1200 |
| BLACKBAUD INC | COM | 09227Q100 | BBG001S9B5W8 | 9300174 | 158005 | SH |  | SOLE |  | 142030 | 0 | 15975 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 239620 | 338 | SH |  | SOLE |  | 338 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 412198 | 2163 | SH |  | SOLE |  | 1898 | 0 | 265 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 815720 | 23353 | SH |  | SOLE |  | 17595 | 0 | 5758 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 1349921 | 18761 | SH |  | SOLE |  | 12043 | 0 | 6718 |
| BRUNSWICK CORP | COM | 117043109 | BBG001S5P294 | 4162115 | 57743 | SH |  | SOLE |  | 54068 | 0 | 3675 |
| CACI INTL INC | CL A | 127190304 | BBG001SF9NK1 | 25769581 | 85730 | SH |  | SOLE |  | 73281 | 0 | 12449 |
| CAMPBELL SOUP CO | COM | 134429109 | BBG001S5Q2B0 | 338627 | 5967 | SH |  | SOLE |  | 5767 | 0 | 200 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 23948044 | 133422 | SH |  | SOLE |  | 100207 | 0 | 33215 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 33011687 | 149645 | SH |  | SOLE |  | 129475 | 0 | 20170 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 416676 | 8746 | SH |  | SOLE |  | 4617 | 0 | 4129 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 3321778 | 52221 | SH |  | SOLE |  | 34222 | 0 | 17999 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 | BBG001S5STN6 | 9967555 | 174288 | SH |  | SOLE |  | 161098 | 0 | 13190 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 1635497 | 20757 | SH |  | SOLE |  | 15761 | 0 | 4996 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 514063 | 14700 | SH |  | SOLE |  | 9300 | 0 | 5400 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 5347642 | 45319 | SH |  | SOLE |  | 31444 | 0 | 13875 |
| CONSOLIDATED EDISON INC | COM | 209115104 | BBG001S5QRL4 | 455607 | 4780 | SH |  | SOLE |  | 4780 | 0 | 0 |
| CORNING INC | COM | 219350105 | BBG001S5RLH1 | 11617181 | 363718 | SH |  | SOLE |  | 330182 | 0 | 33536 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 459072 | 7810 | SH |  | SOLE |  | 2559 | 0 | 5251 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 2254307 | 4938 | SH |  | SOLE |  | 3292 | 0 | 1646 |
| COTERRA ENERGY INC | COM | 127097103 | BBG001S6H6Y4 | 1231055 | 50104 | SH |  | SOLE |  | 50000 | 0 | 104 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 3575473 | 13471 | SH |  | SOLE |  | 13461 | 0 | 10 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 612698 | 1429 | SH |  | SOLE |  | 190 | 0 | 1239 |
| DEVON ENERGY CORP NEW | COM | 25179M103 | BBG001S63VG4 | 17496150 | 284444 | SH |  | SOLE |  | 265389 | 0 | 19055 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 35312280 | 198172 | SH |  | SOLE |  | 170297 | 0 | 27875 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 | BBG011DXY6D4 | 268124 | 11043 | SH |  | SOLE |  | 11043 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 | BBG011DXXNJ2 | 308705 | 7419 | SH |  | SOLE |  | 7419 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 | BBG0177CTQC7 | 354587 | 10591 | SH |  | SOLE |  | 10591 | 0 | 0 |
| DISCOVER FINL SVCS | COM | 254709108 | BBG001SS0KV6 | 277055 | 2832 | SH |  | SOLE |  | 2373 | 0 | 459 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 16324824 | 187900 | SH |  | SOLE |  | 172770 | 0 | 15130 |
| DOVER CORP | COM | 260003108 | BBG001S5QL46 | 3807458 | 28118 | SH |  | SOLE |  | 22503 | 0 | 5615 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 437688 | 8686 | SH |  | SOLE |  | 3436 | 0 | 5250 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 273850 | 2659 | SH |  | SOLE |  | 1260 | 0 | 1399 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 575600 | 8386 | SH |  | SOLE |  | 3135 | 0 | 5251 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 266972 | 1701 | SH |  | SOLE |  | 1701 | 0 | 0 |
| EBAY INC. | COM | 278642103 | BBG001S9B9J5 | 1036294 | 24989 | SH |  | SOLE |  | 20982 | 0 | 4007 |
| ECOLAB INC | COM | 278865100 | BBG001S5QRB5 | 4489362 | 30842 | SH |  | SOLE |  | 26883 | 0 | 3959 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 1254928 | 13064 | SH |  | SOLE |  | 11064 | 0 | 2000 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 412392 | 3184 | SH |  | SOLE |  | 1584 | 0 | 1600 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 | BBG001SJ3R93 | 367053 | 10250 | SH |  | SOLE |  | 10250 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 17218919 | 156109 | SH |  | SOLE |  | 87722 | 0 | 68387 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 1247355 | 26360 | SH |  | SOLE |  | 26360 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 5157022 | 29774 | SH |  | SOLE |  | 26779 | 0 | 2995 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 339696 | 3360 | SH |  | SOLE |  | 3264 | 0 | 96 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 | BBG001S5R3F3 | 512392 | 13484 | SH |  | SOLE |  | 8966 | 0 | 4518 |
| FULLER H B CO | COM | 359694106 | BBG001S5RDZ9 | 866172 | 12094 | SH |  | SOLE |  | 12094 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 | BBG001S5PVD5 | 9894929 | 118092 | SH |  | SOLE |  | 97367 | 0 | 20725 |
| GENMAB A/S | SPONSORED ADS | 372303206 | BBG004MPKMY3 | 852601 | 20118 | SH |  | SOLE |  | 19018 | 0 | 1100 |
| GENUINE PARTS CO | COM | 372460105 | BBG001S5RNH7 | 357951 | 2063 | SH |  | SOLE |  | 1388 | 0 | 675 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 23713144 | 276216 | SH |  | SOLE |  | 248101 | 0 | 28115 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 439458 | 1897 | SH |  | SOLE |  | 1119 | 0 | 778 |
| HEXCEL CORP NEW | COM | 428291108 | BBG001S5S2J0 | 18735957 | 318368 | SH |  | SOLE |  | 284185 | 0 | 34183 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 1710066 | 5414 | SH |  | SOLE |  | 4835 | 0 | 579 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 1827336 | 8527 | SH |  | SOLE |  | 7732 | 0 | 795 |
| HORMEL FOODS CORP | COM | 440452100 | BBG001S5S0D0 | 29512018 | 647903 | SH |  | SOLE |  | 535438 | 0 | 112465 |
| HUBBELL INC | COM | 443510607 | BBG001S5S1L9 | 754966 | 3217 | SH |  | SOLE |  | 3217 | 0 | 0 |
| IAC INC | COM NEW | 44891N208 | BBG00S1LR2D2 | 4079738 | 91886 | SH |  | SOLE |  | 83882 | 0 | 8004 |
| IDEX CORP | COM | 45167R104 | BBG001S67N14 | 242487 | 1062 | SH |  | SOLE |  | 1062 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 38604441 | 175235 | SH |  | SOLE |  | 144933 | 0 | 30302 |
| INCYTE CORP | COM | 45337C102 | BBG001S8Q6N2 | 1368653 | 17040 | SH |  | SOLE |  | 15667 | 0 | 1373 |
| INNOSPEC INC | COM | 45768S105 | BBG001S8RTD2 | 246864 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 241227 | 9127 | SH |  | SOLE |  | 3804 | 0 | 5323 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 434787 | 3086 | SH |  | SOLE |  | 1216 | 0 | 1870 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 281406 | 723 | SH |  | SOLE |  | 679 | 0 | 44 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 1130656 | 4261 | SH |  | SOLE |  | 3666 | 0 | 595 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 242535 | 910 | SH |  | SOLE |  | 910 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 | BBG001SB7RD1 | 1188773 | 31474 | SH |  | SOLE |  | 29775 | 0 | 1699 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 1119588 | 2914 | SH |  | SOLE |  | 2914 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 220454 | 2091 | SH |  | SOLE |  | 2091 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 337904 | 5147 | SH |  | SOLE |  | 5147 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 783835 | 3723 | SH |  | SOLE |  | 3723 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 205486 | 1355 | SH |  | SOLE |  | 1355 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 241924 | 2006 | SH |  | SOLE |  | 1552 | 0 | 454 |
| JACOBS SOLUTIONS INC | COM | 46982L108 | BBG019C1BQS3 | 842051 | 7013 | SH |  | SOLE |  | 7013 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 18607805 | 105337 | SH |  | SOLE |  | 80746 | 0 | 24591 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG001S5WZ84 | 38323392 | 598803 | SH |  | SOLE |  | 534723 | 0 | 64080 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 4621622 | 34464 | SH |  | SOLE |  | 23833 | 0 | 10631 |
| KELLOGG CO | COM | 487836108 | BBG001S5SJL0 | 243004 | 3411 | SH |  | SOLE |  | 1571 | 0 | 1840 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 1007944 | 7425 | SH |  | SOLE |  | 7125 | 0 | 300 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 245888 | 13600 | SH |  | SOLE |  | 0 | 0 | 13600 |
| KRAFT HEINZ CO | COM | 500754106 | BBG005CPNTR1 | 227976 | 5600 | SH |  | SOLE |  | 3600 | 0 | 2000 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 1207863 | 3301 | SH |  | SOLE |  | 3127 | 0 | 174 |
| LINDE PLC | SHS | G5494J103 | BBG00GVR8YR8 | 37835902 | 115997 | SH |  | SOLE |  | 104814 | 0 | 11183 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 210650 | 433 | SH |  | SOLE |  | 400 | 0 | 33 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 489931 | 2459 | SH |  | SOLE |  | 2294 | 0 | 165 |
| M  T BK CORP | COM | 55261F104 | BBG001S7S2B4 | 19429046 | 133937 | SH |  | SOLE |  | 113863 | 0 | 20074 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 3587878 | 10318 | SH |  | SOLE |  | 10248 | 0 | 70 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 997988 | 3787 | SH |  | SOLE |  | 3787 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 17282830 | 222373 | SH |  | SOLE |  | 195908 | 0 | 26465 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 34795776 | 313616 | SH |  | SOLE |  | 267477 | 0 | 46139 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 | BBG001SB87G1 | 534817 | 370 | SH |  | SOLE |  | 370 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 64753883 | 270010 | SH |  | SOLE |  | 229736 | 0 | 40274 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 7240187 | 108629 | SH |  | SOLE |  | 88846 | 0 | 19783 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 350963 | 4128 | SH |  | SOLE |  | 2118 | 0 | 2010 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 | BBG001S8W4X9 | 1780134 | 14904 | SH |  | SOLE |  | 13739 | 0 | 1165 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 811589 | 9708 | SH |  | SOLE |  | 9708 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 475665 | 4065 | SH |  | SOLE |  | 3857 | 0 | 208 |
| NORDSTROM INC | COM | 655664100 | BBG001S7BDN5 | 294781 | 18264 | SH |  | SOLE |  | 15259 | 0 | 3005 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 13795155 | 152063 | SH |  | SOLE |  | 134269 | 0 | 17794 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 902312 | 6667 | SH |  | SOLE |  | 750 | 0 | 5917 |
| NUCOR CORP | COM | 670346105 | BBG001S5TRV0 | 263093 | 1996 | SH |  | SOLE |  | 796 | 0 | 1200 |
| NUTRIEN LTD | COM | 67077M108 | BBG00JM9SM69 | 2261009 | 30960 | SH |  | SOLE |  | 30960 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 239542 | 1639 | SH |  | SOLE |  | 1083 | 0 | 556 |
| OMNICOM GROUP INC | COM | 681919106 | BBG001S5VR10 | 314126 | 3851 | SH |  | SOLE |  | 1905 | 0 | 1946 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 911074 | 11146 | SH |  | SOLE |  | 11146 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 430455 | 510 | SH |  | SOLE |  | 510 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 44474421 | 384859 | SH |  | SOLE |  | 329318 | 0 | 55541 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXW5 | 18727804 | 262957 | SH |  | SOLE |  | 236460 | 0 | 26497 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 4868064 | 26946 | SH |  | SOLE |  | 9914 | 0 | 17032 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 4078912 | 79604 | SH |  | SOLE |  | 45386 | 0 | 34218 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 943783 | 9325 | SH |  | SOLE |  | 2749 | 0 | 6576 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | BBG001S5V947 | 216062 | 1368 | SH |  | SOLE |  | 1325 | 0 | 43 |
| PPG INDS INC | COM | 693506107 | BBG001S5VC13 | 15400725 | 122480 | SH |  | SOLE |  | 110704 | 0 | 11776 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 18571242 | 122533 | SH |  | SOLE |  | 96346 | 0 | 26187 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 214823 | 1954 | SH |  | SOLE |  | 741 | 0 | 1213 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 29730628 | 294596 | SH |  | SOLE |  | 256668 | 0 | 37928 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 21988129 | 30476 | SH |  | SOLE |  | 27899 | 0 | 2577 |
| SANOFI | SPONSORED ADR | 80105N105 | BBG001S5W768 | 17814685 | 367844 | SH |  | SOLE |  | 309686 | 0 | 58158 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 490389 | 9173 | SH |  | SOLE |  | 4687 | 0 | 4486 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 323465 | 3885 | SH |  | SOLE |  | 3885 | 0 | 0 |
| SEAGEN INC | COM | 81181C104 | BBG001S9M4Q6 | 1946413 | 15146 | SH |  | SOLE |  | 13890 | 0 | 1256 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 | BBG001S7T232 | 216357 | 2203 | SH |  | SOLE |  | 2203 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 14240917 | 250060 | SH |  | SOLE |  | 225086 | 0 | 24974 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 1680256 | 4393 | SH |  | SOLE |  | 4213 | 0 | 180 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 210602 | 2123 | SH |  | SOLE |  | 1973 | 0 | 150 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 25157648 | 102898 | SH |  | SOLE |  | 96612 | 0 | 6286 |
| SYNOPSYS INC | COM | 871607107 | BBG001S5VTR8 | 24227725 | 75880 | SH |  | SOLE |  | 71605 | 0 | 4275 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 717777 | 4816 | SH |  | SOLE |  | 2391 | 0 | 2425 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 | BBG001SDK336 | 9484266 | 23715 | SH |  | SOLE |  | 21462 | 0 | 2253 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 387278 | 3144 | SH |  | SOLE |  | 3144 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 221230 | 1339 | SH |  | SOLE |  | 1339 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 11792230 | 21413 | SH |  | SOLE |  | 14160 | 0 | 7253 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 2241802 | 28163 | SH |  | SOLE |  | 28127 | 0 | 36 |
| TRIMBLE INC | COM | 896239100 | BBG001S5SZP0 | 16895686 | 334171 | SH |  | SOLE |  | 300766 | 0 | 33405 |
| UNILEVER PLC | SPON ADR NEW | 904767704 | BBG001S5X1K4 | 23885587 | 474390 | SH |  | SOLE |  | 427037 | 0 | 47353 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 1067860 | 5157 | SH |  | SOLE |  | 5019 | 0 | 138 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 212072 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 19824225 | 454579 | SH |  | SOLE |  | 392241 | 0 | 62338 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 1070982 | 6148 | SH |  | SOLE |  | 6148 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 479157 | 2351 | SH |  | SOLE |  | 2351 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 7451570 | 21209 | SH |  | SOLE |  | 21209 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 464190 | 2529 | SH |  | SOLE |  | 2522 | 0 | 7 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 1475420 | 29426 | SH |  | SOLE |  | 27726 | 0 | 1700 |
| VANGUARD INTL EQUITY INDEX F | FTSE PACIFIC ETF | 922042866 | BBG001SHTV36 | 736808 | 11450 | SH |  | SOLE |  | 7020 | 0 | 4430 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 378818 | 9025 | SH |  | SOLE |  | 9025 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 258081 | 2385 | SH |  | SOLE |  | 2385 | 0 | 0 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 755312 | 3045 | SH |  | SOLE |  | 3045 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 | BBG001SBRX64 | 26207897 | 148554 | SH |  | SOLE |  | 128944 | 0 | 19610 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG001S68LJ8 | 2551949 | 8837 | SH |  | SOLE |  | 8203 | 0 | 634 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 800707 | 3854 | SH |  | SOLE |  | 2956 | 0 | 898 |
| VULCAN MATLS CO | COM | 929160109 | BBG001S5X8R2 | 4178380 | 23861 | SH |  | SOLE |  | 11073 | 0 | 12788 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 417146 | 2942 | SH |  | SOLE |  | 1790 | 0 | 1152 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 231398 | 1475 | SH |  | SOLE |  | 1475 | 0 | 0 |
| WATERS CORP | COM | 941848103 | BBG001S8MDG9 | 996908 | 2910 | SH |  | SOLE |  | 2903 | 0 | 7 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 202156 | 4896 | SH |  | SOLE |  | 4255 | 0 | 641 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 | BBG001S5XK22 | 474936 | 2018 | SH |  | SOLE |  | 2018 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 | BBG001S5XL11 | 19277133 | 621843 | SH |  | SOLE |  | 561124 | 0 | 60719 |
| WILEY JOHN  SONS INC | CL A | 968223206 | BBG001S8K9L4 | 13303445 | 332087 | SH |  | SOLE |  | 298678 | 0 | 33409 |
| YUM BRANDS INC | COM | 988498101 | BBG001S7JQ30 | 200829 | 1568 | SH |  | SOLE |  | 1568 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 16290137 | 127765 | SH |  | SOLE |  | 115825 | 0 | 11940 |

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