WILLIAM S PALEY FOUNDATION INC: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: WILLIAM S PALEY FOUNDATION INC (EIN 13-6085929)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-08
IRS object ID: 201803129349100740
Schema version: 2017v2.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Depreciation Schedule
General Explanation Attachment
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-08T10:02:55-08:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	133274930	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Bencivenga Ward & Company CPAs PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	420 Columbus Avenue Suite 304	AddressLine1Txt
City	Valhalla	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	105951382	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	136085929	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WILLIAM S PALEY FOUNDATION INC	BusinessNameLine1Txt
Business Name Line2	co BENCIVENGA WARD & COMPANY CPAs PC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	WILL	BusinessNameControlTxt
Phone	9147695005	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	420 COLUMBUS AVENUE	AddressLine1Txt
City	VALHALLA	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10595	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PATRICK S GALLAGHER	PersonNm
Person Title	Executive Director	PersonTitleTxt
Signature	2018-11-08	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Leonard J Bencivenga CPA	PreparerPersonNm
PTIN	P00116788	PTIN
Phone	9147695005	PhoneNum

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$130,521,674	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$42,029	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$42,029	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$989,202	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$989,202	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$877,190	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$877,190	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$283,936	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$11,631,530	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$34,311,551	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$11,631,530	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$5,190	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$5,190	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$13,545,141	TotalRevAndExpnssAmt
Total Net Invst Incm	$13,545,141	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$40,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$20,000	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$20,000	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$29,164	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$2,916	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$26,247	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$146,194	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$14,619	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$131,196	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,093,099	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$1,076,532	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$30,000	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$220,053	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$14,367	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$1,852	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$55,011	DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss	$603,439	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$593,254	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$6,621	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$2,186,960	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$1,721,688	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$215,916	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$4,881,580	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$5,679,837	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$7,068,540	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$1,721,688	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$5,895,753	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$6,476,601	ExcessRevenueOverExpensesAmt
Net Investment Income	$11,823,453	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$397,262	CashBOYAmt
Cash EOY	$326,460	CashEOYAmt
Cash EOYFMV	$326,460	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$8,705,387	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$9,499,663	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$9,499,663	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$53,640	AcctRcvblAmt
Acct Rcvbl BOY	$76,437	AcctRcvblBOYAmt
Acct Rcvbl EOY	$53,640	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$53,640	AcctRcvblEOYFMVAmt
Prepaid Expenses BOY	$94,272	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$42,208	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$42,208	PrepaidExpensesEOYFMVAmt
US Government Obligations BOY	$649,643	USGovernmentObligationsBOYAmt
Corporate Stock BOY	$62,011,284	CorporateStockBOYAmt
Corporate Stock EOY	$70,090,785	CorporateStockEOYAmt
Corporate Stock EOYFMV	$70,090,785	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$9,433,130	CorporateBondsBOYAmt
Corporate Bonds EOY	$8,216,299	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$8,216,299	CorporateBondsEOYFMVAmt
Other Investments BOY	$17,802,467	OtherInvestmentsBOYAmt
Other Investments EOY	$21,042,618	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$21,042,618	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$3,114,346	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,357,826	LandBldgEquipAccumDeprecAmt
Land BOY	$1,630,112	LandBOYAmt
Land EOY	$1,756,520	LandEOYAmt
Land EOYFMV	$21,250,001	LandEOYFMVAmt
Total Assets BOY	$100,799,994	TotalAssetsBOYAmt
Total Assets EOY	$111,028,193	TotalAssetsEOYAmt
Total Assets EOYFMV	$130,521,674	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$366,831	AccountsPayableBOYAmt
Accounts Payable EOY	$366,442	AccountsPayableEOYAmt
Grants Payable BOY	$4,072,096	GrantsPayableBOYAmt
Grants Payable EOY	$3,273,840	GrantsPayableEOYAmt
Other Liabilities BOY	$66,060,662	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$73,779,023	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$70,499,589	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$77,419,305	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$30,300,405	UnrestrictedBOYAmt
Unrestricted EOY	$33,608,888	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$30,300,405	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$33,608,888	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$100,799,994	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$111,028,193	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$30,300,405	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$6,476,601	ExcessRevenueOverExpensesAmt
Other Increases	$4,472,774	OtherIncreasesAmt
Subtotal	$41,249,780	SubtotalAmt
Other Decreases	$7,640,892	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$33,608,888	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (772 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Gross Sales PriceGrossSalesPriceAmt
120489.786 PIMCO TOTAL RETURN	P	2017-01-01	2017-02-15	$6,533	-$6,533	-$6,533
41050.306 JPM TOTAL RETURN	P	2017-01-01	2017-08-28	$413,844	-$2,520	-$2,520	$411,324
8576.329 JPM STRAT INC	P	2017-01-01	2017-08-28	$99,402	$598	$598	$100,000
57290.344 JPM HIGH YIELD	P	2017-01-01	2017-08-28	$453,200	-$24,668	-$24,668	$428,532
153495.546 JPM SHORT DURATION	P	2017-01-01	2017-08-28	$1,670,712	-$5,285	-$5,285	$1,665,427
18101.234 DOUBLELINE TOTAL RETURN	P	2017-01-01	2017-08-28	$206,173	-$11,042	-$11,042	$195,131
64467.211 PIMCO TOTAL RETURN	P	2017-01-01	2017-08-28	$721,217	-$53,981	-$53,981	$667,236
11546.185 JPM TOTAL RETURN	P	2017-01-01	2017-12-29	$116,385	-$1,385	-$1,385	$115,000
9990.01 JPM MANAGED INCOME	P	2017-01-01	2017-12-29	$100,200	-$200	-$200	$100,000
6454.389 JPM STRAT INC	P	2017-01-01	2017-12-29	$70,810	$4,190	$4,190	$75,000
6506.507 JPM UNCONSTRAINED	P	2017-01-01	2017-12-29	$64,089	$911	$911	$65,000
4390.244 JPM INFLATN MGD	P	2017-01-01	2017-12-29	$45,219	-$219	-$219	$45,000
5988.024 METROPOLITAN WEST	P	2017-01-01	2017-12-29	$60,419	-$419	-$419	$60,000
4363.636 DODGE & COX INCOME	P	2017-01-01	2017-12-29	$60,567	-$567	-$567	$60,000
11748.12 DOUBLELINE TOTAL RETURN	P	2017-01-01	2017-12-29	$133,811	-$8,811	-$8,811	$125,000
11764.706 LORD ABBETT SHRT DUR INC	P	2017-01-01	2017-12-29	$50,470	-$470	-$470	$50,000
1657.825 MFS EMERGING MARKETS DEBT	P	2017-01-01	2017-12-29	$25,050	-$50	-$50	$25,000
6341.463 PIMCO TOTAL RETURN	P	2017-01-01	2017-12-29	$70,944	-$5,944	-$5,944	$65,000
109123.712 JPM TOTAL RETURN	P	2017-01-01	2017-12-14		$28	$28	$28
109670.987 JPM MANAGED INCOME	P	2017-01-01	2017-12-14		$733	$733	$733
109670.987 JPM MANAGED INCOME	P	2017-01-01	2017-12-14		$15	$15	$15
41426.513 DODGE & COX INCOME	P	2017-01-01	2017-12-21		$1,077	$1,077	$1,077
39534.76 PIMCO TOTAL RETURN	P	2017-01-01	2017-02-15	$2,144	-$2,144	-$2,144
8483.034 JPM TOTAL REFUND	P	2017-01-01	2017-08-28	$85,567	-$567	-$567	$85,000
17152.659 JPM STRAT INC	P	2017-01-01	2017-08-28	$202,440	-$2,440	-$2,440	$200,000
17334.687 JPM HIGH YIELD	P	2017-01-01	2017-08-28	$137,650	-$7,986	-$7,986	$129,664
47687.297 JPM SHORT DURATION BD	P	2017-01-01	2017-08-28	$520,063	-$2,656	-$2,656	$517,407
1391.466 DOUBLELINE TOTAL RET	P	2017-01-01	2017-08-28	$15,849	-$849	-$849	$15,000
18840.58 PIMCO TOTAL RETURN	P	2017-01-01	2017-08-28	$198,341	-$3,341	-$3,341	$195,000
5020.08 JPM TOTAL RETURN	P	2017-01-01	2017-12-29	$50,602	-$602	-$602	$50,000
2997.003 JPM MANAGED INCOME	P	2017-01-01	2017-12-29	$30,060	-$60	-$60	$30,000
6454.389 JPM STRAT INC	P	2017-01-01	2017-12-29	$75,226	-$226	-$226	$75,000
1001.001 JPM UNCONSTRAINED	P	2017-01-01	2017-12-29	$9,860	$140	$140	$10,000
1951.22 JPM INFLATN MGD	P	2017-01-01	2017-12-29	$20,098	-$98	-$98	$20,000
2495.01 METROPOLITAN WEST	P	2017-01-01	2017-12-29	$25,175	-$175	-$175	$25,000
1818.182 DODGE & COX INCOME	P	2017-01-01	2017-12-29	$25,236	-$236	-$236	$25,000
4699.248 DOUBLELINE TOTAL RETURN	P	2017-01-01	2017-12-29	$53,524	-$3,524	-$3,524	$50,000
2352.941 LORD ABBETT SHRT DUR INC	P	2017-01-01	2017-12-29	$10,094	-$94	-$94	$10,000
663.13 MFS EMERGING MARKETS DEBT	P	2017-01-01	2017-12-29	$10,020	-$20	-$20	$10,000
2439.024 PIMCO TOTAL RETURN	P	2017-01-01	2017-12-29	$25,676	-$676	-$676	$25,000
40253.24 JPM TOTAL RETURN	P	2017-01-01	2017-12-14		$11	$11	$11
39880.359 JPM MANAGED INCOME	P	2017-01-01	2017-12-14		$266	$266	$266
39880.359 JPM MANAGED INCOME	P	2017-01-01	2017-12-14		$6	$6	$6
15489.914 DODGE & COX INCOME	P	2017-01-01	2017-12-21		$403	$403	$403
232 PROGRESSIVE CORP	P	2017-01-01	2017-02-06	$6,174	$2,405	$2,405	$8,579
697 PROGRESSIVE CORP	P	2017-01-01	2017-02-07	$18,547	$7,310	$7,310	$25,857
416 PROGRESSIVE CORP	P	2017-01-01	2017-02-08	$11,070	$4,385	$4,385	$15,455
371 BED BATH & BEYOND	P	2017-01-01	2017-02-09	$27,833	-$13,113	-$13,113	$14,720
1279 BED BATH & BEYOND	P	2017-01-01	2017-02-09	$95,954	-$45,266	-$45,266	$50,688
470 ZOETIS INC	P	2017-01-01	2017-02-10	$19,395	$6,848	$6,848	$26,243
238 PROGRESSIVE CORP	P	2017-01-01	2017-03-09	$6,333	$3,067	$3,067	$9,400
322 PROGRESSIVE CORP	P	2017-01-01	2017-03-14	$8,568	$4,097	$4,097	$12,665
860 PROGRESSIVE CORP	P	2017-01-01	2017-03-15	$22,885	$11,026	$11,026	$33,911
645 MICROSOFT CORP	P	2017-01-01	2017-04-06	$28,303	$13,979	$13,979	$42,282
1300 PROGRESSIVE CORP	P	2017-01-01	2017-04-11	$34,593	$16,390	$16,390	$50,983
1130 MICROSOFT CORP	P	2017-01-01	2017-04-27	$49,584	$26,384	$26,384	$75,968
187 WAL-MART STORES INC	P	2017-01-01	2017-04-27	$13,656	$397	$397	$14,053
433 WAL-MART STORES INC	P	2017-01-01	2017-04-28	$31,621	$859	$859	$32,480
765 WAL-MART STORES INC	P	2017-01-01	2017-05-11	$54,698	$3,609	$3,609	$58,307
1275 PROGRESSIVE CORP	P	2017-01-01	2017-05-24	$33,928	$18,755	$18,755	$52,683
297 PROGRESSIVE CORP	P	2017-01-01	2017-05-25	$7,903	$4,434	$4,434	$12,337
1082 PROGRESSIVE CORP	P	2017-01-01	2017-05-26	$28,792	$16,143	$16,143	$44,935
530 MICROSOFT CORP	P	2017-01-01	2017-06-06	$23,256	$13,698	$13,698	$36,954
360 NESTLE	P	2017-01-01	2017-06-07	$5,113	$25,607	$25,607	$30,720
1000 PAYPAL HOLDINGS INC	P	2017-01-01	2017-06-07	$39,964	$13,328	$13,328	$53,292
380 WAL-MART STORES INC	P	2017-01-01	2017-06-08	$24,051	$6,197	$6,197	$30,248
273 NESTLE	P	2017-01-01	2017-06-12	$3,877	$19,701	$19,701	$23,578
153 NESTLE	P	2017-01-01	2017-06-23	$2,173	$11,042	$11,042	$13,215
144 NESTLE	P	2017-01-01	2017-06-29	$2,045	$10,664	$10,664	$12,709
755 NESTLE	P	2017-01-01	2017-06-30	$10,723	$56,588	$56,588	$67,311
950 PAYPAL HOLDINGS INC	P	2017-01-01	2017-07-17	$35,819	$18,091	$18,091	$53,910
1093 WAL-MART STORES INC	P	2017-01-01	2017-08-16	$67,306	$20,951	$20,951	$88,257
417 WAL-MART STORES INC	P	2017-01-01	2017-08-17	$24,610	$9,057	$9,057	$33,667
267 PAYPAL HOLDINGS INC	P	2017-01-01	2017-09-13	$9,475	$7,297	$7,297	$16,772
633 PAYPAL HOLDINGS INC	P	2017-01-01	2017-09-20	$22,425	$17,324	$17,324	$39,749
1587 BED BATH & BEYOND	P	2017-01-01	2017-09-25	$119,061	-$83,475	-$83,475	$35,586
1313 BED BATH & BEYOND	P	2017-01-01	2017-09-26	$88,245	-$58,890	-$58,890	$29,355
312 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-04	$11,050	$8,995	$8,995	$20,045
538 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-05	$19,055	$15,510	$15,510	$34,565
194 ZOETIS INC	P	2017-01-01	2017-10-06	$8,006	$4,363	$4,363	$12,369
326 ZOETIS INC	P	2017-01-01	2017-10-10	$13,453	$7,344	$7,344	$20,797
362 ZOETIS INC	P	2017-01-01	2017-10-11	$14,902	$8,180	$8,180	$23,082
243 ZOETIS INC	P	2017-01-01	2017-10-11	$9,952	$5,541	$5,541	$15,493
825 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-13	$29,033	$26,944	$26,944	$55,977
2850 MICROSOFT CORP	P	2017-01-01	2017-11-03	$125,058	$112,017	$112,017	$237,075
800 ZOETIS INC	P	2017-01-01	2017-11-10	$32,762	$22,235	$22,235	$54,997
375 PAYPAL HOLDINGS INC	P	2017-01-01	2017-11-24	$12,600	$16,593	$16,593	$29,193
69 PROGRESSIVE CORP	P	2017-01-01	2017-02-06	$1,836	$715	$715	$2,551
207 PROGRESSIVE CORP	P	2017-01-01	2017-02-07	$5,508	$2,171	$2,171	$7,679
124 PROGRESSIVE CORP	P	2017-01-01	2017-02-08	$3,300	$1,307	$1,307	$4,607
107 BED BATH & BEYOND INC	P	2017-01-01	2017-02-09	$8,027	-$3,782	-$3,782	$4,245
368 BED BATH & BEYOND INC	P	2017-01-01	2017-02-14	$27,608	-$13,024	-$13,024	$14,584
140 ZOETIS INC	P	2017-01-01	2017-02-15	$5,777	$2,040	$2,040	$7,817
71 PROGRESSIVE CORP	P	2017-01-01	2017-03-09	$1,889	$915	$915	$2,804
96 PROGRESSIVE CORP	P	2017-01-01	2017-03-14	$2,555	$1,221	$1,221	$3,776
258 PROGRESSIVE CORP	P	2017-01-01	2017-03-15	$6,865	$3,308	$3,308	$10,173
185 MICROSOFT CORP	P	2017-01-01	2017-04-06	$8,118	$4,009	$4,009	$12,127
390 PROGRESSIVE CORP	P	2017-01-01	2017-04-11	$10,378	$4,917	$4,917	$15,295
325 MICROSOFT CORP	P	2017-01-01	2017-04-27	$14,261	$7,588	$7,588	$21,849
54 WAL-MART STORES INC	P	2017-01-01	2017-04-27	$3,418	$640	$640	$4,058
126 WAL-MART STORES INC	P	2017-01-01	2017-04-28	$7,975	$1,476	$1,476	$9,451
225 WAL-MART STORES INC	P	2017-01-01	2017-05-11	$13,449	$3,700	$3,700	$17,149
380 PROGRESSIVE CORP	P	2017-01-01	2017-05-24	$10,112	$5,590	$5,590	$15,702
89 PROGRESSIVE CORP	P	2017-01-01	2017-05-25	$2,368	$1,329	$1,329	$3,697
326 PROGRESSIVE CORP	P	2017-01-01	2017-05-26	$8,675	$4,864	$4,864	$13,539
150 MICROSOFT CORP	P	2017-01-01	2017-06-06	$6,582	$3,877	$3,877	$10,459
105 NESTLE	P	2017-01-01	2017-06-07	$2,393	$6,567	$6,567	$8,960
310 PAYPAL HOLDINGS INC	P	2017-01-01	2017-06-07	$12,383	$4,138	$4,138	$16,521
110 WAL-MART STORES INC	P	2017-01-01	2017-06-08	$5,972	$2,784	$2,784	$8,756
79 NESTLE	P	2017-01-01	2017-06-12	$1,800	$5,023	$5,023	$6,823
44 NESTLE	P	2017-01-01	2017-06-23	$1,003	$2,798	$2,798	$3,801
42 NESTLE	P	2017-01-01	2017-06-29	$957	$2,750	$2,750	$3,707
215 NESTLE	P	2017-01-01	2017-06-30	$4,899	$14,269	$14,269	$19,168
295 PAYPAL HOLDINGS INC	P	2017-01-01	2017-07-17	$11,330	$5,411	$5,411	$16,741
316 WAL-MART STORES INC	P	2017-01-01	2017-08-16	$14,915	$10,601	$10,601	$25,516
120 WAL-MART STORES INC	P	2017-01-01	2017-08-17	$5,664	$4,024	$4,024	$9,688
81 PAYPAL HOLDINGS INC	P	2017-01-01	2017-09-14	$2,875	$2,213	$2,213	$5,088
194 PAYPAL HOLDINGS INC	P	2017-01-01	2017-09-20	$6,875	$5,307	$5,307	$12,182
454 BED BATH & BEYOND INC	P	2017-01-01	2017-09-25	$34,060	-$23,880	-$23,880	$10,180
376 BED BATH & BEYOND INC	P	2017-01-01	2017-09-26	$25,340	-$16,934	-$16,934	$8,406
92 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-04	$3,258	$2,653	$2,653	$5,911
158 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-05	$5,596	$4,555	$4,555	$10,151
52 ZOETIS INC	P	2017-01-01	2017-10-06	$2,146	$1,169	$1,169	$3,315
87 ZOETIS INC	P	2017-01-01	2017-10-10	$3,590	$1,960	$1,960	$5,550
97 ZOETIS INC	P	2017-01-01	2017-10-11	$4,001	$2,184	$2,184	$6,185
64 ZOETIS INC	P	2017-01-01	2017-10-12	$2,621	$1,458	$1,458	$4,079
250 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-13	$8,809	$8,154	$8,154	$16,963
775 MICROSOFT CORP	P	2017-01-01	2017-11-03	$34,007	$30,461	$30,461	$64,468
250 ZOETIS INC	P	2017-01-01	2017-11-10	$10,238	$6,949	$6,949	$17,187
125 PAYPAL HOLDINGS INC	P	2017-01-01	2017-11-24	$4,200	$5,531	$5,531	$9,731
96 PROGRESSIVE CORP	P	2017-01-01	2017-02-06	$3,003	$547	$547	$3,550
288 PROGRESSIVE CORP	P	2017-01-01	2017-02-07	$8,336	$2,348	$2,348	$10,684
171 PROGRESSIVE CORP	P	2017-01-01	2017-02-08	$4,550	$1,803	$1,803	$6,353
129 BED BATH & BEYOND INC	P	2017-01-01	2017-02-09	$9,678	-$4,560	-$4,560	$5,118
446 BED BATH & BEYOND INC	P	2017-01-01	2017-02-14	$33,460	-$15,784	-$15,784	$17,676
170 ZOETIS INC	P	2017-01-01	2017-02-15	$7,015	$2,477	$2,477	$9,492
99 PROGRESSIVE CORP	P	2017-01-01	2017-03-09	$2,634	$1,276	$1,276	$3,910
134 PROGRESSIVE CORP	P	2017-01-01	2017-03-14	$3,566	$1,705	$1,705	$5,271
357 PROGRESSIVE CORP	P	2017-01-01	2017-03-15	$9,500	$4,577	$4,577	$14,077
225 MICROSOFT CORP	P	2017-01-01	2017-04-06	$9,873	$4,876	$4,876	$14,749
540 PROGRESSIVE CORP	P	2017-01-01	2017-04-11	$14,369	$6,808	$6,808	$21,177
66 WAL-MART STORES INC	P	2017-01-01	2017-04-27	$4,820	$140	$140	$4,960
395 MICROSOFT CORP	P	2017-01-01	2017-04-27	$17,333	$9,222	$9,222	$26,555
154 WAL-MART STORES INC	P	2017-01-01	2017-04-28	$11,246	$306	$306	$11,552
270 WAL-MART STORES INC	P	2017-01-01	2017-05-11	$19,231	$1,348	$1,348	$20,579
530 PROGRESSIVE CORP	P	2017-01-01	2017-05-24	$14,103	$7,796	$7,796	$21,899
123 PROGRESSIVE CORP	P	2017-01-01	2017-05-25	$3,273	$1,836	$1,836	$5,109
447 PROGRESSIVE CORP	P	2017-01-01	2017-05-26	$11,895	$6,669	$6,669	$18,564
185 MICROSOFT CORP	P	2017-01-01	2017-06-06	$8,118	$4,781	$4,781	$12,899
125 NESTLE	P	2017-01-01	2017-06-07	$2,491	$8,176	$8,176	$10,667
375 PAYPAL HOLDINGS INC	P	2017-01-01	2017-06-07	$14,987	$4,998	$4,998	$19,985
135 WAL-MART STORES INC	P	2017-01-01	2017-06-08	$8,544	$2,202	$2,202	$10,746
96 NESTLE	P	2017-01-01	2017-06-12	$1,913	$6,378	$6,378	$8,291
54 NESTLE	P	2017-01-01	2017-06-23	$1,076	$3,588	$3,588	$4,664
50 NESTLE	P	2017-01-01	2017-06-29	$996	$3,417	$3,417	$4,413
265 NESTLE	P	2017-01-01	2017-06-30	$5,280	$18,346	$18,346	$23,626
360 PAYPAL HOLDINGS INC	P	2017-01-01	2017-07-17	$13,847	$6,582	$6,582	$20,429
382 WAL-MART STORES INC	P	2017-01-01	2017-08-16	$23,509	$7,336	$7,336	$30,845
146 WAL-MART STORES INC	P	2017-01-01	2017-08-17	$8,617	$3,170	$3,170	$11,787
96 PAYPAL HOLDINGS INC	P	2017-01-01	2017-09-13	$3,407	$2,623	$2,623	$6,030
229 PAYPAL HOLDINGS INC	P	2017-01-01	2017-09-20	$8,117	$6,263	$6,263	$14,380
553 BED BATH & BEYOND INC	P	2017-01-01	2017-09-25	$41,487	-$29,087	-$29,087	$12,400
457 BED BATH & BEYOND INC	P	2017-01-01	2017-09-26	$30,755	-$20,538	-$20,538	$10,217
119 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-04	$4,215	$3,430	$3,430	$7,645
206 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-05	$7,296	$5,939	$5,939	$13,235
60 ZOETIS INC	P	2017-01-01	2017-10-06	$2,476	$1,349	$1,349	$3,825
101 ZOETIS INC	P	2017-01-01	2017-10-10	$4,168	$2,275	$2,275	$6,443
113 ZOETIS INC	P	2017-01-01	2017-10-11	$4,663	$2,542	$2,542	$7,205
76 ZOETIS INC	P	2017-01-01	2017-10-11	$3,114	$1,731	$1,731	$4,845
300 PAYPAL HOLDINGS INC	P	2017-01-01	2017-10-13	$10,580	$9,775	$9,775	$20,355
925 MICROSOFT CORP	P	2017-01-01	2017-11-03	$40,589	$36,357	$36,357	$76,946
300 ZOETIS INC	P	2017-01-01	2017-11-10	$12,286	$8,338	$8,338	$20,624
150 PAYPAL HOLDINGS INC	P	2017-01-01	2017-11-24	$5,040	$6,637	$6,637	$11,677
8000 AMERICAN EXPRESS CO	P	2017-01-01	2017-01-09	$166,029	$444,018	$444,018	$610,047
98 PRAXAIR INC	P	2017-01-01	2017-01-09	$8,057	$3,413	$3,413	$11,470
306 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-10	$16,221	$46,341	$46,341	$62,562
811 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-11	$42,991	$123,771	$123,771	$166,762
116 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-12	$6,149	$17,621	$17,621	$23,770
185 PRAXAIR INC	P	2017-01-01	2017-01-12	$15,209	$6,443	$6,443	$21,652
166 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-13	$8,800	$25,224	$25,224	$34,024
469 PRAXAIR INC	P	2017-01-01	2017-01-18	$38,558	$16,424	$16,424	$54,982
328 PRAXAIR INC	P	2017-01-01	2017-01-19	$26,966	$11,453	$11,453	$38,419
249 PRAXAIR INC	P	2017-01-01	2017-01-20	$20,471	$8,669	$8,669	$29,140
111 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-23	$5,884	$16,765	$16,765	$22,649
90 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-24	$4,771	$13,769	$13,769	$18,540
630 FASTENAL CO	P	2017-01-01	2017-01-26	$5,089	$27,062	$27,062	$32,151
1642 FASTENAL CO	P	2017-01-01	2017-01-27	$13,265	$69,919	$69,919	$83,184
1100 FASTENAL CO	P	2017-01-01	2017-01-30	$8,886	$47,122	$47,122	$56,008
653 FASTENAL CO	P	2017-01-01	2017-01-31	$5,275	$27,666	$27,666	$32,941
779 FASTENAL CO	P	2017-01-01	2017-02-01	$6,293	$32,754	$32,754	$39,047
812 FASTENAL CO	P	2017-01-01	2017-02-02	$6,560	$34,065	$34,065	$40,625
1486 FASTENAL CO	P	2017-01-01	2017-02-09	$12,004	$63,201	$63,201	$75,205
282 FASTENAL CO	P	2017-01-01	2017-02-10	$2,278	$11,847	$11,847	$14,125
373 FASTENAL CO	P	2017-01-01	2017-02-14	$3,013	$15,695	$15,695	$18,708
504 FASTENAL CO	P	2017-01-01	2017-02-21	$4,072	$21,329	$21,329	$25,401
590 FASTENAL CO	P	2017-01-01	2017-02-22	$4,766	$24,928	$24,928	$29,694
776 FASTENAL CO	P	2017-01-01	2017-02-23	$6,269	$32,887	$32,887	$39,156
683 FASTENAL CO	P	2017-01-01	2017-02-24	$5,518	$29,114	$29,114	$34,632
546 FASTENAL CO	P	2017-01-01	2017-02-27	$4,411	$23,315	$23,315	$27,726
72 FASTENAL CO	P	2017-01-01	2017-02-28	$582	$3,079	$3,079	$3,661
201 FASTENAL CO	P	2017-01-01	2017-03-01	$1,624	$8,423	$8,423	$10,047
345 FASTENAL CO	P	2017-01-01	2017-03-02	$2,787	$14,538	$14,538	$17,325
2594 COSTCO WHOLESALE CORP	P	2017-01-01	2017-03-10	$80,217	$353,928	$353,928	$434,145
294 TIFFANY & CO	P	2017-01-01	2017-03-10	$17,783	$8,372	$8,372	$26,155
2506 COSTCO WHOLESALE CORP	P	2017-01-01	2017-03-13	$77,496	$339,695	$339,695	$417,191
709 TIFFANY & CO	P	2017-01-01	2017-03-13	$42,885	$20,241	$20,241	$63,126
2283 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-03-13	$48,849	$351,363	$351,363	$400,212
770 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-03-14	$16,476	$118,558	$118,558	$135,034
254 TIFFANY & CO	P	2017-01-01	2017-03-14	$15,364	$7,122	$7,122	$22,486
925 TIFFANY & CO	P	2017-01-01	2017-03-15	$55,950	$26,081	$26,081	$82,031
683 TIFFANY & CO	P	2017-01-01	2017-03-16	$41,313	$19,257	$19,257	$60,570
880 TIFFANY & CO	P	2017-01-01	2017-03-17	$53,228	$25,098	$25,098	$78,326
998 TIFFANY & CO	P	2017-01-01	2017-03-20	$60,366	$29,317	$29,317	$89,683
539 PERRIGO CO PLC	P	2017-01-01	2017-03-22	$73,145	-$35,461	-$35,461	$37,684
248 PERRIGO CO PLC	P	2017-01-01	2017-03-23	$33,655	-$16,437	-$16,437	$17,218
565 PERRIGO CO PLC	P	2017-01-01	2017-03-30	$76,674	-$37,601	-$37,601	$39,073
130 PERRIGO CO PLC	P	2017-01-01	2017-03-31	$17,642	-$8,677	-$8,677	$8,965
562 PERRIGO CO PLC	P	2017-01-01	2017-04-03	$76,267	-$37,291	-$37,291	$38,976
95 PERRIGO CO PLC	P	2017-01-01	2017-04-12	$12,892	-$6,339	-$6,339	$6,553
896 PERRIGO CO PLC	P	2017-01-01	2017-04-13	$121,592	-$58,851	-$58,851	$62,741
466 PERRIGO CO PLC	P	2017-01-01	2017-04-17	$63,239	-$31,046	-$31,046	$32,193
490 FASTENAL CO	P	2017-01-01	2017-04-27	$3,958	$18,266	$18,266	$22,224
755 FASTENAL CO	P	2017-01-01	2017-04-28	$6,099	$28,358	$28,358	$34,457
435 PERRIGO CO PLC	P	2017-01-01	2017-05-01	$59,032	-$28,382	-$28,382	$30,650
365 FASTENAL CO	P	2017-01-01	2017-05-01	$2,949	$13,768	$13,768	$16,717
465 FASTENAL CO	P	2017-01-01	2017-05-02	$3,756	$17,375	$17,375	$21,131
223 FASTENAL CO	P	2017-01-01	2017-05-03	$1,801	$8,180	$8,180	$9,981
414 FASTENAL CO	P	2017-01-01	2017-05-04	$3,344	$15,018	$15,018	$18,362
652 FASTENAL CO	P	2017-01-01	2017-05-05	$5,267	$24,051	$24,051	$29,318
573 FASTENAL CO	P	2017-01-01	2017-05-08	$4,629	$21,294	$21,294	$25,923
594 FASTENAL CO	P	2017-01-01	2017-05-09	$4,799	$22,256	$22,256	$27,055
422 FASTENAL CO	P	2017-01-01	2017-05-10	$3,409	$15,809	$15,809	$19,218
472 FASTENAL CO	P	2017-01-01	2017-05-11	$3,813	$17,759	$17,759	$21,572
340 FASTENAL CO	P	2017-01-01	2017-05-12	$2,747	$12,756	$12,756	$15,503
302 FASTENAL CO	P	2017-01-01	2017-05-15	$2,440	$11,261	$11,261	$13,701
136 FASTENAL CO	P	2017-01-01	2017-05-16	$1,099	$4,994	$4,994	$6,093
139 FASTENAL CO	P	2017-01-01	2017-05-17	$1,123	$5,092	$5,092	$6,215
268 FASTENAL CO	P	2017-01-01	2017-05-18	$2,165	$9,684	$9,684	$11,849
236 FASTENAL CO	P	2017-01-01	2017-05-19	$1,907	$8,451	$8,451	$10,358
211 FASTENAL CO	P	2017-01-01	2017-05-22	$1,705	$7,308	$7,308	$9,013
179 FASTENAL CO	P	2017-01-01	2017-05-23	$1,446	$6,211	$6,211	$7,657
211 FASTENAL CO	P	2017-01-01	2017-05-24	$1,705	$7,496	$7,496	$9,201
144 FASTENAL CO	P	2017-01-01	2017-05-25	$1,163	$5,194	$5,194	$6,357
105 FASTENAL CO	P	2017-01-01	2017-05-26	$848	$3,794	$3,794	$4,642
1 BERKSHIRE HATHAWAY INC-CL A	P	2017-01-01	2017-05-30	$32,095	$215,307	$215,307	$247,402
4000 DANAHER CORP	P	2017-01-01	2017-05-30	$28,744	$307,450	$307,450	$336,194
89 FASTENAL CO	P	2017-01-01	2017-05-30	$719	$3,169	$3,169	$3,888
137 FASTENAL CO	P	2017-01-01	2017-05-31	$1,107	$4,824	$4,824	$5,931
156 FASTENAL CO	P	2017-01-01	2017-06-01	$1,260	$5,498	$5,498	$6,758
206 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-01	$5,815	$4,649	$4,649	$10,464
85 FASTENAL CO	P	2017-01-01	2017-06-02	$687	$2,994	$2,994	$3,681
244 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-02	$6,887	$5,614	$5,614	$12,501
165 FASTENAL CO	P	2017-01-01	2017-06-05	$1,333	$5,751	$5,751	$7,084
150 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-05	$4,234	$3,476	$3,476	$7,710
270 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-06	$7,621	$6,310	$6,310	$13,931
168 FASTENAL CO	P	2017-01-01	2017-06-06	$1,357	$5,946	$5,946	$7,303
223 FASTENAL CO	P	2017-01-01	2017-06-07	$1,801	$8,106	$8,106	$9,907
206 FASTENAL CO	P	2017-01-01	2017-06-08	$1,664	$7,535	$7,535	$9,199
2300 TJX COMPANIES INC	P	2017-01-01	2017-06-09	$12,946	$157,066	$157,066	$170,012
150 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-09	$4,234	$3,362	$3,362	$7,596
643 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-13	$18,150	$14,046	$14,046	$32,196
472 FASTENAL CO	P	2017-01-01	2017-06-14	$3,813	$16,745	$16,745	$20,558
283 FASTENAL CO	P	2017-01-01	2017-06-15	$2,286	$10,157	$10,157	$12,443
200 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-15	$5,645	$4,302	$4,302	$9,947
179 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-15	$5,053	$3,966	$3,966	$9,019
189 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-16	$5,335	$4,315	$4,315	$9,650
697 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-20	$19,674	$15,117	$15,117	$34,791
315 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-21	$8,892	$6,982	$6,982	$15,874
227 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-22	$6,408	$5,017	$5,017	$11,425
251 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-23	$7,085	$5,537	$5,537	$12,622
304 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-28	$8,581	$6,822	$6,822	$15,403
130 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-29	$3,670	$2,906	$2,906	$6,576
126 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-30	$3,557	$2,841	$2,841	$6,398
664 DANAHER CORP	P	2017-01-01	2017-07-06	$4,771	$51,320	$51,320	$56,091
127 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-06	$3,585	$2,833	$2,833	$6,418
414 DANAHER CORP	P	2017-01-01	2017-07-07	$2,975	$32,041	$32,041	$35,016
6218961 ROLLS ROYCE HOLDINGS	P	2017-01-01	2017-07-07		$8,053	$8,053	$8,053
118 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-07	$3,331	$2,566	$2,566	$5,897
770 DANAHER CORP	P	2017-01-01	2017-07-10	$5,533	$59,214	$59,214	$64,747
113 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-10	$3,190	$2,445	$2,445	$5,635
679 DANAHER CORP	P	2017-01-01	2017-07-11	$4,879	$51,457	$51,457	$56,336
164 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-11	$4,629	$3,489	$3,489	$8,118
809 DANAHER CORP	P	2017-01-01	2017-07-12	$5,813	$61,360	$61,360	$67,173
106 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-12	$2,992	$2,254	$2,254	$5,246
494 DANAHER CORP	P	2017-01-01	2017-07-13	$3,550	$37,341	$37,341	$40,891
164 TJX COMPANIES INC	P	2017-01-01	2017-07-13	$923	$10,334	$10,334	$11,257
500 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-07-13	$10,698	$74,362	$74,362	$85,060
103 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-13	$2,907	$2,162	$2,162	$5,069
966 DANAHER CORP	P	2017-01-01	2017-07-14	$6,942	$73,133	$73,133	$80,075
414 TJX COMPANIES INC	P	2017-01-01	2017-07-14	$2,330	$26,104	$26,104	$28,434
860 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-14	$24,275	$18,840	$18,840	$43,115
796 DANAHER CORP	P	2017-01-01	2017-07-17	$5,720	$60,747	$60,747	$66,467
390 TJX COMPANIES INC	P	2017-01-01	2017-07-17	$2,195	$24,693	$24,693	$26,888
74 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-17	$2,089	$1,631	$1,631	$3,720
1814 DANAHER CORP	P	2017-01-01	2017-07-18	$13,035	$139,445	$139,445	$152,480
1001 TJX COMPANIES INC	P	2017-01-01	2017-07-18	$5,634	$64,202	$64,202	$69,836
120 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-18	$3,387	$2,718	$2,718	$6,105
594 DANAHER CORP	P	2017-01-01	2017-07-19	$4,268	$46,095	$46,095	$50,363
545 TJX COMPANIES INC	P	2017-01-01	2017-07-19	$3,068	$35,000	$35,000	$38,068
136 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-19	$3,839	$3,113	$3,113	$6,952
323 TJX COMPANIES INC	P	2017-01-01	2017-07-20	$1,818	$20,929	$20,929	$22,747
66 WATERS CORP	P	2017-01-01	2017-07-20	$7,378	$4,848	$4,848	$12,226
80 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-20	$2,258	$1,812	$1,812	$4,070
437 CHIPOTLE MEXICAN GRILL INC	P	2017-01-01	2017-07-21	$189,457	-$29,068	-$29,068	$160,389
121 WATERS CORP	P	2017-01-01	2017-07-21	$13,527	$8,723	$8,723	$22,250
174 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-21	$4,912	$3,961	$3,961	$8,873
227 WATERS CORP	P	2017-01-01	2017-07-24	$25,377	$16,130	$16,130	$41,507
97 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-24	$2,738	$2,180	$2,180	$4,918
316 CHIPOTLE MEXICAN GRILL INC	P	2017-01-01	2017-07-25	$136,999	-$22,730	-$22,730	$114,269
472 WATERS CORP	P	2017-01-01	2017-07-25	$52,766	$33,996	$33,996	$86,762
71 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-25	$2,004	$1,598	$1,598	$3,602
209 WATERS CORP	P	2017-01-01	2017-07-26	$23,365	$15,342	$15,342	$38,707
271 WATERS CORP	P	2017-01-01	2017-07-27	$30,296	$19,930	$19,930	$50,226
130 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-28	$3,670	$2,768	$2,768	$6,438
111 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-31	$3,133	$2,306	$2,306	$5,439
74 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-03	$2,089	$1,573	$1,573	$3,662
138 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-08	$3,895	$2,839	$2,839	$6,734
56 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-09	$1,581	$1,155	$1,155	$2,736
298 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-10	$8,412	$6,080	$6,080	$14,492
293 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-11	$8,271	$6,021	$6,021	$14,292
142 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-14	$4,008	$2,912	$2,912	$6,920
461 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-15	$13,013	$9,406	$9,406	$22,419
500 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-08-21	$10,698	$78,585	$78,585	$89,283
382 MASTERCARD INC	P	2017-01-01	2017-09-19	$38,023	$15,770	$15,770	$53,793
830 MASTERCARD INC	P	2017-01-01	2017-09-20	$82,615	$34,498	$34,498	$117,113
156 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-09-27	$38,970	-$5,401	-$5,401	$33,569
163 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-09-28	$40,718	-$5,812	-$5,812	$34,906
132 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-02	$32,974	-$4,572	-$4,572	$28,402
201 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-03	$50,211	-$6,928	-$6,928	$43,283
131 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-04	$32,724	-$4,516	-$4,516	$28,208
44 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-05	$10,991	-$1,519	-$1,519	$9,472
155 CARMAX INC	P	2017-01-01	2017-10-11	$8,029	$3,785	$3,785	$11,814
357 CARMAX INC	P	2017-01-01	2017-10-12	$18,492	$8,728	$8,728	$27,220
420 CARMAX INC	P	2017-01-01	2017-10-13	$21,755	$10,178	$10,178	$31,933
595 CARMAX INC	P	2017-01-01	2017-10-16	$30,820	$14,285	$14,285	$45,105
272 CARMAX INC	P	2017-01-01	2017-10-17	$14,089	$6,475	$6,475	$20,564
293 CARMAX INC	P	2017-01-01	2017-10-18	$15,177	$6,884	$6,884	$22,061
386 CARMAX INC	P	2017-01-01	2017-10-19	$19,994	$9,137	$9,137	$29,131
225 CARMAX INC	P	2017-01-01	2017-10-20	$11,655	$5,344	$5,344	$16,999
426 CARMAX INC	P	2017-01-01	2017-10-23	$22,066	$9,789	$9,789	$31,855
358 CARMAX INC	P	2017-01-01	2017-10-24	$18,544	$8,349	$8,349	$26,893
208 CARMAX INC	P	2017-01-01	2017-10-25	$10,774	$4,760	$4,760	$15,534
411 CARMAX INC	P	2017-01-01	2017-10-26	$21,289	$9,490	$9,490	$30,779
361 CARMAX INC	P	2017-01-01	2017-10-27	$18,699	$8,091	$8,091	$26,790
1349 EMCOR GROUP INC	P	2017-01-01	2017-10-30	$51,403	$51,791	$51,791	$103,194
137 EMCOR GROUP INC	P	2017-01-01	2017-10-31	$5,220	$5,727	$5,727	$10,947
121 EMCOR GROUP INC	P	2017-01-01	2017-11-01	$4,611	$4,978	$4,978	$9,589
101 EMCOR GROUP INC	P	2017-01-01	2017-11-02	$3,849	$4,277	$4,277	$8,126
144 EMCOR GROUP INC	P	2017-01-01	2017-11-03	$5,487	$6,130	$6,130	$11,617
123 EMCOR GROUP INC	P	2017-01-01	2017-11-06	$4,687	$5,281	$5,281	$9,968
64 EMCOR GROUP INC	P	2017-01-01	2017-11-07	$2,439	$2,763	$2,763	$5,202
104 EMCOR GROUP INC	P	2017-01-01	2017-11-08	$3,963	$4,502	$4,502	$8,465
148 EMCOR GROUP INC	P	2017-01-01	2017-11-09	$5,639	$6,414	$6,414	$12,053
141 EMCOR GROUP INC	P	2017-01-01	2017-11-10	$5,373	$6,066	$6,066	$11,439
142 EMCOR GROUP INC	P	2017-01-01	2017-11-13	$5,411	$5,834	$5,834	$11,245
91 EMCOR GROUP INC	P	2017-01-01	2017-11-14	$3,467	$3,730	$3,730	$7,197
111 EMCOR GROUP INC	P	2017-01-01	2017-11-15	$4,230	$4,516	$4,516	$8,746
87 EMCOR GROUP INC	P	2017-01-01	2017-11-16	$3,315	$3,481	$3,481	$6,796
81 EMCOR GROUP INC	P	2017-01-01	2017-11-17	$3,086	$3,143	$3,143	$6,229
165 EMCOR GROUP INC	P	2017-01-01	2017-11-20	$6,287	$6,570	$6,570	$12,857
114 EMCOR GROUP INC	P	2017-01-01	2017-11-21	$4,344	$4,609	$4,609	$8,953
59 CRITEO SA	P	2017-01-01	2017-11-22	$2,559	-$556	-$556	$2,003
111 EMCOR GROUP INC	P	2017-01-01	2017-11-22	$4,230	$4,592	$4,592	$8,822
121 CRITEO SA	P	2017-01-01	2017-11-24	$5,249	-$1,198	-$1,198	$4,051
93 EMCOR GROUP INC	P	2017-01-01	2017-11-24	$3,544	$3,881	$3,881	$7,425
156 CRITEO SA	P	2017-01-01	2017-11-27	$6,767	-$1,714	-$1,714	$5,053
74 EMCOR GROUP INC	P	2017-01-01	2017-11-27	$2,820	$3,053	$3,053	$5,873
106 CRITEO SA	P	2017-01-01	2017-11-28	$4,598	-$1,179	-$1,179	$3,419
92 CRITEO SA	P	2017-01-01	2017-11-29	$3,991	-$947	-$947	$3,044
81 EMCOR GROUP INC	P	2017-01-01	2017-11-29	$3,086	$3,280	$3,280	$6,366
214 EMCOR GROUP INC	P	2017-01-01	2017-11-30	$8,154	$8,818	$8,818	$16,972
504 EMCOR GROUP INC	P	2017-01-01	2017-12-01	$19,205	$21,454	$21,454	$40,659
169 EMCOR GROUP INC	P	2017-01-01	2017-12-04	$6,440	$7,230	$7,230	$13,670
27 PRAXAIR INC	P	2017-01-01	2017-01-09	$2,227	$933	$933	$3,160
120 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-10	$9,507	$15,027	$15,027	$24,534
317 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-11	$25,115	$40,068	$40,068	$65,183
45 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-12	$3,565	$5,656	$5,656	$9,221
51 PRAXAIR INC	P	2017-01-01	2017-01-12	$4,206	$1,763	$1,763	$5,969
2500 AMERICAN EXPRESS CO	P	2017-01-01	2017-01-13	$47,598	$144,619	$144,619	$192,217
65 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-13	$5,150	$8,173	$8,173	$13,323
128 PRAXAIR INC	P	2017-01-01	2017-01-18	$10,555	$4,451	$4,451	$15,006
90 PRAXAIR INC	P	2017-01-01	2017-01-19	$7,422	$3,120	$3,120	$10,542
68 PRAXAIR INC	P	2017-01-01	2017-01-20	$5,608	$2,350	$2,350	$7,958
43 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-23	$3,407	$5,367	$5,367	$8,774
36 MOHAWK INDUSTRIES INC	P	2017-01-01	2017-01-24	$2,852	$4,564	$4,564	$7,416
192 FASTENAL CO	P	2017-01-01	2017-01-26	$2,065	$7,733	$7,733	$9,798
500 FASTENAL CO	P	2017-01-01	2017-01-27	$5,377	$19,953	$19,953	$25,330
335 FASTENAL CO	P	2017-01-01	2017-01-30	$3,602	$13,455	$13,455	$17,057
199 FASTENAL CO	P	2017-01-01	2017-01-31	$2,140	$7,899	$7,899	$10,039
237 FASTENAL CO	P	2017-01-01	2017-02-01	$2,549	$9,331	$9,331	$11,880
247 FASTENAL CO	P	2017-01-01	2017-02-02	$2,656	$9,702	$9,702	$12,358
453 FASTENAL CO	P	2017-01-01	2017-02-09	$4,871	$18,055	$18,055	$22,926
86 FASTENAL CO	P	2017-01-01	2017-02-10	$925	$3,383	$3,383	$4,308
113 FASTENAL CO	P	2017-01-01	2017-02-14	$1,215	$4,453	$4,453	$5,668
400000 US TREAS BILL	P	2017-01-01	2017-02-16	$399,540			$399,540
165 FASTENAL CO	P	2017-01-01	2017-02-21	$1,774	$6,542	$6,542	$8,316
193 FASTENAL CO	P	2017-01-01	2017-02-22	$2,075	$7,638	$7,638	$9,713
255 FASTENAL CO	P	2017-01-01	2017-02-23	$2,742	$10,125	$10,125	$12,867
224 FASTENAL CO	P	2017-01-01	2017-02-24	$2,409	$8,949	$8,949	$11,358
179 FASTENAL CO	P	2017-01-01	2017-02-27	$1,925	$7,165	$7,165	$9,090
24 FASTENAL CO	P	2017-01-01	2017-02-28	$258	$962	$962	$1,220
65 FASTENAL CO	P	2017-01-01	2017-03-01	$699	$2,550	$2,550	$3,249
114 FASTENAL CO	P	2017-01-01	2017-03-02	$1,226	$4,499	$4,499	$5,725
585 COSTCO WHOLESALE CORP	P	2017-01-01	2017-03-10	$18,115	$79,793	$79,793	$97,908
66 TIFFANY & CO	P	2017-01-01	2017-03-10	$3,955	$1,916	$1,916	$5,871
565 COSTCO WHOLESALE CORP	P	2017-01-01	2017-03-13	$17,496	$76,563	$76,563	$94,059
159 TIFFANY & CO	P	2017-01-01	2017-03-13	$9,528	$4,629	$4,629	$14,157
1005 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-03-13	$22,068	$154,109	$154,109	$176,177
339 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-03-14	$7,444	$52,006	$52,006	$59,450
57 TIFFANY & CO	P	2017-01-01	2017-03-14	$3,416	$1,630	$1,630	$5,046
207 TIFFANY & CO	P	2017-01-01	2017-03-15	$12,404	$5,953	$5,953	$18,357
153 TIFFANY & CO	P	2017-01-01	2017-03-16	$9,169	$4,399	$4,399	$13,568
197 TIFFANY & CO	P	2017-01-01	2017-03-17	$11,805	$5,729	$5,729	$17,534
224 TIFFANY & CO	P	2017-01-01	2017-03-20	$13,423	$6,706	$6,706	$20,129
107 PERRIGO CO PLC	P	2017-01-01	2017-03-22	$16,286	-$8,805	-$8,805	$7,481
49 PERRIGO CO PLC	P	2017-01-01	2017-03-23	$7,458	-$4,056	-$4,056	$3,402
112 PERRIGO CO PLC	P	2017-01-01	2017-03-30	$17,047	-$9,302	-$9,302	$7,745
118 PERRIGO CO PLC	P	2017-01-01	2017-04-03	$17,960	-$9,777	-$9,777	$8,183
20 PERRIGO CO PLC	P	2017-01-01	2017-04-12	$3,044	-$1,664	-$1,664	$1,380
187 PERRIGO CO PLC	P	2017-01-01	2017-04-13	$28,462	-$15,368	-$15,368	$13,094
97 PERRIGO CO PLC	P	2017-01-01	2017-04-17	$14,764	-$8,063	-$8,063	$6,701
159 FASTENAL CO	P	2017-01-01	2017-04-27	$1,710	$5,501	$5,501	$7,211
245 FASTENAL CO	P	2017-01-01	2017-04-28	$2,635	$8,546	$8,546	$11,181
91 PERRIGO CO PLC	P	2017-01-01	2017-05-01	$13,851	-$7,439	-$7,439	$6,412
118 FASTENAL CO	P	2017-01-01	2017-05-01	$1,269	$4,136	$4,136	$5,405
151 FASTENAL CO	P	2017-01-01	2017-05-02	$1,624	$5,238	$5,238	$6,862
72 FASTENAL CO	P	2017-01-01	2017-05-03	$774	$2,448	$2,448	$3,222
134 FASTENAL CO	P	2017-01-01	2017-05-04	$1,441	$4,502	$4,502	$5,943
212 FASTENAL CO	P	2017-01-01	2017-05-05	$2,280	$7,253	$7,253	$9,533
186 FASTENAL CO	P	2017-01-01	2017-05-08	$2,000	$6,415	$6,415	$8,415
192 FASTENAL CO	P	2017-01-01	2017-05-09	$2,065	$6,680	$6,680	$8,745
137 FASTENAL CO	P	2017-01-01	2017-05-10	$1,473	$4,766	$4,766	$6,239
153 FASTENAL CO	P	2017-01-01	2017-05-11	$1,645	$5,348	$5,348	$6,993
110 FASTENAL CO	P	2017-01-01	2017-05-12	$1,183	$3,833	$3,833	$5,016
98 FASTENAL CO	P	2017-01-01	2017-05-15	$1,054	$3,392	$3,392	$4,446
44 FASTENAL CO	P	2017-01-01	2017-05-16	$473	$1,498	$1,498	$1,971
45 FASTENAL CO	P	2017-01-01	2017-05-17	$484	$1,528	$1,528	$2,012
700000 US TREAS BILL	P	2017-01-01	2017-05-18	$699,125			$699,125
83 FASTENAL CO	P	2017-01-01	2017-05-19	$893	$2,750	$2,750	$3,643
75 FASTENAL CO	P	2017-01-01	2017-05-22	$807	$2,397	$2,397	$3,204
63 FASTENAL CO	P	2017-01-01	2017-05-23	$677	$2,018	$2,018	$2,695
75 FASTENAL CO	P	2017-01-01	2017-05-24	$807	$2,463	$2,463	$3,270
51 FASTENAL CO	P	2017-01-01	2017-05-25	$548	$1,704	$1,704	$2,252
37 FASTENAL CO	P	2017-01-01	2017-05-26	$398	$1,238	$1,238	$1,636
500 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-05-30	$10,979	$71,859	$71,859	$82,838
31 FASTENAL CO	P	2017-01-01	2017-05-30	$333	$1,021	$1,021	$1,354
48 FASTENAL CO	P	2017-01-01	2017-05-31	$516	$1,562	$1,562	$2,078
55 FASTENAL CO	P	2017-01-01	2017-06-01	$591	$1,792	$1,792	$2,383
30 FASTENAL CO	P	2017-01-01	2017-06-02	$323	$976	$976	$1,299
68 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-02	$1,916	$1,568	$1,568	$3,484
59 FASTENAL CO	P	2017-01-01	2017-06-05	$634	$1,899	$1,899	$2,533
41 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-05	$1,156	$951	$951	$2,107
75 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-06	$2,114	$1,756	$1,756	$3,870
59 FASTENAL CO	P	2017-01-01	2017-06-06	$634	$1,931	$1,931	$2,565
79 FASTENAL CO	P	2017-01-01	2017-06-07	$850	$2,660	$2,660	$3,510
73 FASTENAL CO	P	2017-01-01	2017-06-08	$785	$2,475	$2,475	$3,260
42 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-09	$1,184	$943	$943	$2,127
178 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-13	$5,017	$3,896	$3,896	$8,913
166 FASTENAL CO	P	2017-01-01	2017-06-14	$1,785	$5,445	$5,445	$7,230
56 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-14	$1,578	$1,207	$1,207	$2,785
99 FASTENAL CO	P	2017-01-01	2017-06-15	$1,065	$3,288	$3,288	$4,353
50 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-15	$1,409	$1,110	$1,110	$2,519
199 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-20	$5,609	$4,324	$4,324	$9,933
90 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-21	$2,537	$1,998	$1,998	$4,535
65 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-22	$1,832	$1,440	$1,440	$3,272
100000 US TREAS BILL	P	2017-01-01	2017-06-23	$99,783			$99,783
72 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-23	$2,029	$1,592	$1,592	$3,621
87 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-28	$2,452	$1,956	$1,956	$4,408
199 DANAHER CORP	P	2017-01-01	2017-07-06	$1,430	$15,380	$15,380	$16,810
38 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-06	$1,071	$849	$849	$1,920
124 DANAHER CORP	P	2017-01-01	2017-07-07	$891	$9,597	$9,597	$10,488
1943980 ROLLS ROYCE HOLDINGS	P	2017-01-01	2017-07-07		$2,517	$2,517	$2,517
231 DANAHER CORP	P	2017-01-01	2017-07-10	$1,660	$17,764	$17,764	$19,424
35 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-10	$986	$759	$759	$1,745
204 DANAHER CORP	P	2017-01-01	2017-07-11	$1,466	$15,460	$15,460	$16,926
52 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-11	$1,466	$1,108	$1,108	$2,574
243 DANAHER CORP	P	2017-01-01	2017-07-12	$1,746	$18,431	$18,431	$20,177
200 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-07-13	$4,391	$29,633	$29,633	$34,024
149 DANAHER CORP	P	2017-01-01	2017-07-13	$1,071	$11,262	$11,262	$12,333
79 TJX COMPANIES INC	P	2017-01-01	2017-07-13	$445	$4,978	$4,978	$5,423
289 DANAHER CORP	P	2017-01-01	2017-07-14	$2,077	$21,879	$21,879	$23,956
200 TJX COMPANIES INC	P	2017-01-01	2017-07-14	$1,127	$12,609	$12,609	$13,736
286 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-14	$8,060	$6,278	$6,278	$14,338
240 DANAHER CORP	P	2017-01-01	2017-07-17	$1,725	$18,315	$18,315	$20,040
188 TJX COMPANIES INC	P	2017-01-01	2017-07-17	$1,059	$11,902	$11,902	$12,961
25 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-17	$705	$552	$552	$1,257
542 DANAHER CORP	P	2017-01-01	2017-07-18	$3,895	$41,664	$41,664	$45,559
483 TJX COMPANIES INC	P	2017-01-01	2017-07-18	$2,721	$30,976	$30,976	$33,697
179 DANAHER CORP	P	2017-01-01	2017-07-19	$1,286	$13,891	$13,891	$15,177
263 TJX COMPANIES INC	P	2017-01-01	2017-07-19	$1,482	$16,889	$16,889	$18,371
48 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-19	$1,353	$1,101	$1,101	$2,454
156 TJX COMPANIES INC	P	2017-01-01	2017-07-20	$879	$10,107	$10,107	$10,986
20 WATERS CORP	P	2017-01-01	2017-07-20	$2,309	$1,396	$1,396	$3,705
28 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-20	$789	$636	$636	$1,425
110 CHIPOTLE MEXICAN GRILL INC	P	2017-01-01	2017-07-21	$47,773	-$7,400	-$7,400	$40,373
37 WATERS CORP	P	2017-01-01	2017-07-21	$4,272	$2,532	$2,532	$6,804
61 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-21	$1,719	$1,392	$1,392	$3,111
71 WATERS CORP	P	2017-01-01	2017-07-24	$8,198	$4,784	$4,784	$12,982
34 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-24	$958	$766	$766	$1,724
102 CHIPOTLE MEXICAN GRILL INC	P	2017-01-01	2017-07-25	$44,298	-$7,414	-$7,414	$36,884
146 WATERS CORP	P	2017-01-01	2017-07-25	$16,858	$9,979	$9,979	$26,837
25 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-25	$705	$563	$563	$1,268
65 WATERS CORP	P	2017-01-01	2017-07-26	$7,505	$4,533	$4,533	$12,038
85 WATERS CORP	P	2017-01-01	2017-07-27	$9,814	$5,940	$5,940	$15,754
46 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-28	$1,296	$982	$982	$2,278
39 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-31	$1,099	$812	$812	$1,911
26 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-03	$733	$554	$554	$1,287
48 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-08	$1,353	$989	$989	$2,342
19 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-09	$535	$393	$393	$928
104 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-10	$2,931	$2,126	$2,126	$5,057
103 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-11	$2,903	$2,121	$2,121	$5,024
50 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-14	$1,409	$1,028	$1,028	$2,437
161 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-15	$4,538	$3,292	$3,292	$7,830
800000 US TREAS BILL	P	2017-01-01	2017-08-17	$798,261			$798,261
152 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-08-21	$3,338	$23,804	$23,804	$27,142
116 MASTERCARD INC	P	2017-01-01	2017-09-19	$11,149	$5,186	$5,186	$16,335
251 MASTERCARD INC	P	2017-01-01	2017-09-20	$24,124	$11,292	$11,292	$35,416
54 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-09-27	$13,816	-$2,196	-$2,196	$11,620
57 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-09-28	$14,583	-$2,377	-$2,377	$12,206
46 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-02	$11,769	-$1,871	-$1,871	$9,898
100000 US TREAS BILL	P	2017-01-01	2017-10-02	$99,878			$99,878
70 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-03	$17,909	-$2,835	-$2,835	$15,074
45 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-04	$11,513	-$1,823	-$1,823	$9,690
16 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-05	$4,094	-$650	-$650	$3,444
50 CARMAX INC	P	2017-01-01	2017-10-11	$2,598	$1,213	$1,213	$3,811
300000 US TREAS BILL	P	2017-01-01	2017-10-11	$299,697			$299,697
115 CARMAX INC	P	2017-01-01	2017-10-12	$5,975	$2,793	$2,793	$8,768
136 CARMAX INC	P	2017-01-01	2017-10-13	$7,066	$3,274	$3,274	$10,340
193 CARMAX INC	P	2017-01-01	2017-10-16	$10,027	$4,604	$4,604	$14,631
88 CARMAX INC	P	2017-01-01	2017-10-17	$4,572	$2,081	$2,081	$6,653
95 CARMAX INC	P	2017-01-01	2017-10-18	$4,936	$2,217	$2,217	$7,153
125 CARMAX INC	P	2017-01-01	2017-10-19	$6,494	$2,939	$2,939	$9,433
73 CARMAX INC	P	2017-01-01	2017-10-20	$3,793	$1,722	$1,722	$5,515
138 CARMAX INC	P	2017-01-01	2017-10-23	$7,170	$3,149	$3,149	$10,319
117 CARMAX INC	P	2017-01-01	2017-10-24	$6,079	$2,710	$2,710	$8,789
67 CARMAX INC	P	2017-01-01	2017-10-25	$3,481	$1,523	$1,523	$5,004
133 CARMAX INC	P	2017-01-01	2017-10-26	$6,910	$3,050	$3,050	$9,960
117 CARMAX INC	P	2017-01-01	2017-10-27	$6,079	$2,604	$2,604	$8,683
408 EMCOR GROUP INC	P	2017-01-01	2017-10-30	$13,816	$17,395	$17,395	$31,211
41 EMCOR GROUP INC	P	2017-01-01	2017-10-31	$1,388	$1,888	$1,888	$3,276
37 EMCOR GROUP INC	P	2017-01-01	2017-11-01	$1,253	$1,679	$1,679	$2,932
31 EMCOR GROUP INC	P	2017-01-01	2017-11-02	$1,050	$1,444	$1,444	$2,494
43 EMCOR GROUP INC	P	2017-01-01	2017-11-03	$1,456	$2,013	$2,013	$3,469
37 EMCOR GROUP INC	P	2017-01-01	2017-11-06	$1,253	$1,746	$1,746	$2,999
19 EMCOR GROUP INC	P	2017-01-01	2017-11-07	$643	$901	$901	$1,544
31 EMCOR GROUP INC	P	2017-01-01	2017-11-08	$1,050	$1,473	$1,473	$2,523
45 EMCOR GROUP INC	P	2017-01-01	2017-11-09	$1,524	$2,141	$2,141	$3,665
43 EMCOR GROUP INC	P	2017-01-01	2017-11-10	$1,456	$2,032	$2,032	$3,488
43 EMCOR GROUP INC	P	2017-01-01	2017-11-13	$1,456	$1,949	$1,949	$3,405
27 EMCOR GROUP INC	P	2017-01-01	2017-11-14	$914	$1,221	$1,221	$2,135
33 EMCOR GROUP INC	P	2017-01-01	2017-11-15	$1,117	$1,483	$1,483	$2,600
26 EMCOR GROUP INC	P	2017-01-01	2017-11-16	$880	$1,151	$1,151	$2,031
600000 US TREAS BILL	P	2017-01-01	2017-11-16	$597,910			$597,910
53 EMCOR GROUP INC	P	2017-01-01	2017-11-20	$1,795	$2,335	$2,335	$4,130
37 EMCOR GROUP INC	P	2017-01-01	2017-11-21	$1,253	$1,653	$1,653	$2,906
19 CRITEO SA	P	2017-01-01	2017-11-22	$824	-$179	-$179	$645
35 EMCOR GROUP INC	P	2017-01-01	2017-11-22	$1,185	$1,597	$1,597	$2,782
39 CRITEO SA	P	2017-01-01	2017-11-24	$1,692	-$386	-$386	$1,306
30 EMCOR GROUP INC	P	2017-01-01	2017-11-24	$1,016	$1,379	$1,379	$2,395
50 CRITEO SA	P	2017-01-01	2017-11-27	$2,169	-$549	-$549	$1,620
23 EMCOR GROUP INC	P	2017-01-01	2017-11-27	$779	$1,046	$1,046	$1,825
35 CRITEO SA	P	2017-01-01	2017-11-28	$1,518	-$389	-$389	$1,129
30 CRITEO SA	P	2017-01-01	2017-11-29	$1,301	-$309	-$309	$992
26 EMCOR GROUP INC	P	2017-01-01	2017-11-29	$880	$1,163	$1,163	$2,043
68 EMCOR GROUP INC	P	2017-01-01	2017-11-30	$2,303	$3,090	$3,090	$5,393
160 EMCOR GROUP INC	P	2017-01-01	2017-12-01	$5,418	$7,490	$7,490	$12,908
55 EMCOR GROUP INC	P	2017-01-01	2017-12-04	$1,862	$2,587	$2,587	$4,449
10000 AMERICAN EXPRESS CO	P	2017-01-01	2017-01-09	$206,735	$555,823	$555,823	$762,558
55 PRAXAIR INC	P	2017-01-01	2017-01-09	$4,270	$2,167	$2,167	$6,437
190 MOHAWK INDUSTRIES	P	2017-01-01	2017-01-10	$28,679	$10,167	$10,167	$38,846
504 MOHAWK INDUSTRIES	P	2017-01-01	2017-01-11	$76,076	$27,559	$27,559	$103,635
73 MOHAWK INDUSTRIES	P	2017-01-01	2017-01-12	$11,019	$3,940	$3,940	$14,959
104 PRAXAIR INC	P	2017-01-01	2017-01-12	$8,075	$4,097	$4,097	$12,172
103 MOHAWK INDUSTRIES	P	2017-01-01	2017-01-13	$15,547	$5,564	$5,564	$21,111
263 PRAXAIR INC	P	2017-01-01	2017-01-18	$20,419	$10,413	$10,413	$30,832
184 PRAXAIR INC	P	2017-01-01	2017-01-19	$14,286	$7,266	$7,266	$21,552
139 PRAXAIR INC	P	2017-01-01	2017-01-20	$10,792	$5,475	$5,475	$16,267
68 MOHAWK INDUSTRIES	P	2017-01-01	2017-01-23	$10,264	$3,611	$3,611	$13,875
56 MOHAWK INDUSTRIES	P	2017-01-01	2017-01-24	$8,453	$3,083	$3,083	$11,536
533 FASTENAL CO	P	2017-01-01	2017-01-26	$5,146	$22,054	$22,054	$27,200
1388 FASTENAL CO	P	2017-01-01	2017-01-27	$13,401	$56,916	$56,916	$70,317
930 FASTENAL CO	P	2017-01-01	2017-01-30	$8,979	$38,373	$38,373	$47,352
552 FASTENAL CO	P	2017-01-01	2017-01-31	$5,329	$22,517	$22,517	$27,846
659 FASTENAL CO	P	2017-01-01	2017-02-01	$6,362	$26,670	$26,670	$33,032
687 FASTENAL CO	P	2017-01-01	2017-02-02	$6,633	$27,738	$27,738	$34,371
1256 FASTENAL CO	P	2017-01-01	2017-02-09	$12,126	$51,439	$51,439	$63,565
239 FASTENAL CO	P	2017-01-01	2017-02-10	$2,307	$9,664	$9,664	$11,971
315 FASTENAL CO	P	2017-01-01	2017-02-14	$3,041	$12,758	$12,758	$15,799
250000 US TREAS BILL	P	2017-01-01	2017-02-16	$249,712			$249,712
408 FASTENAL CO	P	2017-01-01	2017-02-21	$3,939	$16,624	$16,624	$20,563
477 FASTENAL CO	P	2017-01-01	2017-02-22	$4,605	$19,402	$19,402	$24,007
627 FASTENAL CO	P	2017-01-01	2017-02-23	$6,053	$25,585	$25,585	$31,638
552 FASTENAL CO	P	2017-01-01	2017-02-24	$5,329	$22,660	$22,660	$27,989
442 FASTENAL CO	P	2017-01-01	2017-02-27	$4,267	$18,178	$18,178	$22,445
58 FASTENAL CO	P	2017-01-01	2017-02-28	$560	$2,389	$2,389	$2,949
162 FASTENAL CO	P	2017-01-01	2017-03-01	$1,564	$6,533	$6,533	$8,097
279 FASTENAL CO	P	2017-01-01	2017-03-02	$2,694	$11,317	$11,317	$14,011
1933 COSTCO WHOLESALE CORP	P	2017-01-01	2017-03-10	$59,607	$263,909	$263,909	$323,516
204 TIFFANY & CO	P	2017-01-01	2017-03-10	$12,249	$5,899	$5,899	$18,148
1867 COSTCO WHOLESALE CORP	P	2017-01-01	2017-03-13	$57,572	$253,240	$253,240	$310,812
493 TIFFANY & CO	P	2017-01-01	2017-03-13	$29,603	$14,291	$14,291	$43,894
1710 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-03-13	$34,750	$265,015	$265,015	$299,765
577 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-03-14	$11,726	$89,462	$89,462	$101,188
177 TIFFANY & CO	P	2017-01-01	2017-03-14	$10,628	$5,042	$5,042	$15,670
644 TIFFANY & CO	P	2017-01-01	2017-03-15	$38,670	$18,441	$18,441	$57,111
474 TIFFANY & CO	P	2017-01-01	2017-03-16	$28,462	$13,573	$13,573	$42,035
612 TIFFANY & CO	P	2017-01-01	2017-03-17	$36,748	$17,724	$17,724	$54,472
696 TIFFANY & CO	P	2017-01-01	2017-03-20	$41,792	$20,752	$20,752	$62,544
312 PERRIGO CO PLC	P	2017-01-01	2017-03-22	$47,488	-$25,675	-$25,675	$21,813
144 PERRIGO CO PLC	P	2017-01-01	2017-03-23	$21,918	-$11,920	-$11,920	$9,998
327 PERRIGO CO PLC	P	2017-01-01	2017-03-30	$49,771	-$27,157	-$27,157	$22,614
51 PERRIGO CO PLC	P	2017-01-01	2017-03-31	$7,762	-$4,245	-$4,245	$3,517
331 PERRIGO CO PLC	P	2017-01-01	2017-04-03	$50,380	-$27,425	-$27,425	$22,955
56 PERRIGO CO PLC	P	2017-01-01	2017-04-12	$8,523	-$4,660	-$4,660	$3,863
528 PERRIGO CO PLC	P	2017-01-01	2017-04-13	$80,364	-$43,392	-$43,392	$36,972
275 PERRIGO CO PLC	P	2017-01-01	2017-04-17	$41,856	-$22,858	-$22,858	$18,998
394 FASTENAL CO	P	2017-01-01	2017-04-27	$3,804	$14,066	$14,066	$17,870
608 FASTENAL CO	P	2017-01-01	2017-04-28	$5,870	$21,878	$21,878	$27,748
256 PERRIGO CO PLC	P	2017-01-01	2017-05-01	$38,964	-$20,927	-$20,927	$18,037
294 FASTENAL CO	P	2017-01-01	2017-05-01	$2,838	$10,627	$10,627	$13,465
374 FASTENAL CO	P	2017-01-01	2017-05-02	$3,611	$13,384	$13,384	$16,995
180 FASTENAL CO	P	2017-01-01	2017-05-03	$1,738	$6,318	$6,318	$8,056
334 FASTENAL CO	P	2017-01-01	2017-05-04	$3,225	$11,588	$11,588	$14,813
525 FASTENAL CO	P	2017-01-01	2017-05-05	$5,069	$18,539	$18,539	$23,608
462 FASTENAL CO	P	2017-01-01	2017-05-08	$4,460	$16,442	$16,442	$20,902
478 FASTENAL CO	P	2017-01-01	2017-05-09	$4,615	$17,156	$17,156	$21,771
340 FASTENAL CO	P	2017-01-01	2017-05-10	$3,283	$12,201	$12,201	$15,484
381 FASTENAL CO	P	2017-01-01	2017-05-11	$3,678	$13,735	$13,735	$17,413
274 FASTENAL CO	P	2017-01-01	2017-05-12	$2,645	$9,849	$9,849	$12,494
243 FASTENAL CO	P	2017-01-01	2017-05-15	$2,346	$8,678	$8,678	$11,024
109 FASTENAL CO	P	2017-01-01	2017-05-16	$1,052	$3,831	$3,831	$4,883
111 FASTENAL CO	P	2017-01-01	2017-05-17	$1,072	$3,891	$3,891	$4,963
215 FASTENAL CO	P	2017-01-01	2017-05-18	$2,076	$7,429	$7,429	$9,505
1000000 US TREAS BILL	P	2017-01-01	2017-05-18	$998,750			$998,750
190 FASTENAL CO	P	2017-01-01	2017-05-19	$1,834	$6,505	$6,505	$8,339
170 FASTENAL CO	P	2017-01-01	2017-05-22	$1,641	$5,621	$5,621	$7,262
144 FASTENAL CO	P	2017-01-01	2017-05-23	$1,390	$4,770	$4,770	$6,160
170 FASTENAL CO	P	2017-01-01	2017-05-24	$1,641	$5,772	$5,772	$7,413
116 FASTENAL CO	P	2017-01-01	2017-05-25	$1,120	$4,001	$4,001	$5,121
85 FASTENAL CO	P	2017-01-01	2017-05-26	$821	$2,937	$2,937	$3,758
1 BERKSHIRE HATHAWAY INC-CL A	P	2017-01-01	2017-05-30	$30,483	$216,919	$216,919	$247,402
3000 DANAHER CORP	P	2017-01-01	2017-05-30	$21,558	$230,587	$230,587	$252,145
72 FASTENAL CO	P	2017-01-01	2017-05-30	$695	$2,451	$2,451	$3,146
110 FASTENAL CO	P	2017-01-01	2017-05-31	$1,062	$3,700	$3,700	$4,762
126 FASTENAL CO	P	2017-01-01	2017-06-01	$1,216	$4,243	$4,243	$5,459
69 FASTENAL CO	P	2017-01-01	2017-06-02	$666	$2,322	$2,322	$2,988
177 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-02	$4,892	$4,177	$4,177	$9,069
133 FASTENAL CO	P	2017-01-01	2017-06-05	$1,284	$4,426	$4,426	$5,710
108 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-05	$2,985	$2,566	$2,566	$5,551
195 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-06	$5,389	$4,672	$4,672	$10,061
135 FASTENAL CO	P	2017-01-01	2017-06-06	$1,303	$4,565	$4,565	$5,868
179 FASTENAL CO	P	2017-01-01	2017-06-07	$1,728	$6,224	$6,224	$7,952
166 FASTENAL CO	P	2017-01-01	2017-06-08	$1,603	$5,810	$5,810	$7,413
1800 TJX COMPANIES INC	P	2017-01-01	2017-06-09	$10,191	$122,862	$122,862	$133,053
108 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-09	$2,985	$2,484	$2,484	$5,469
465 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-13	$12,851	$10,432	$10,432	$23,283
379 FASTENAL CO	P	2017-01-01	2017-06-14	$3,659	$12,848	$12,848	$16,507
145 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-14	$4,007	$3,204	$3,204	$7,211
227 FASTENAL CO	P	2017-01-01	2017-06-15	$2,192	$7,789	$7,789	$9,981
129 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-15	$3,565	$2,935	$2,935	$6,500
520 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-20	$14,371	$11,585	$11,585	$25,956
235 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-21	$6,495	$5,347	$5,347	$11,842
169 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-22	$4,671	$3,835	$3,835	$8,506
187 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-23	$5,168	$4,235	$4,235	$9,403
226 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-28	$6,246	$5,205	$5,205	$11,451
27 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-06-29	$746	$620	$620	$1,366
515 DANAHER CORP	P	2017-01-01	2017-07-06	$3,701	$39,803	$39,803	$43,504
100 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-06	$2,764	$2,290	$2,290	$5,054
321 DANAHER CORP	P	2017-01-01	2017-07-07	$2,307	$24,843	$24,843	$27,150
5102912 ROLLS ROYCE HOLDINGS	P	2017-01-01	2017-07-07		$6,608	$6,608	$6,608
93 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-07	$2,570	$2,078	$2,078	$4,648
596 DANAHER CORP	P	2017-01-01	2017-07-10	$4,283	$45,833	$45,833	$50,116
88 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-10	$2,432	$1,956	$1,956	$4,388
526 DANAHER CORP	P	2017-01-01	2017-07-11	$3,780	$39,862	$39,862	$43,642
129 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-11	$3,565	$2,821	$2,821	$6,386
627 DANAHER CORP	P	2017-01-01	2017-07-12	$4,506	$47,555	$47,555	$52,061
84 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-12	$2,322	$1,835	$1,835	$4,157
200 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-07-13	$4,064	$29,960	$29,960	$34,024
384 DANAHER CORP	P	2017-01-01	2017-07-13	$2,759	$29,027	$29,027	$31,786
154 TJX COMPANIES INC	P	2017-01-01	2017-07-13	$872	$9,699	$9,699	$10,571
749 DANAHER CORP	P	2017-01-01	2017-07-14	$5,382	$56,705	$56,705	$62,087
388 TJX COMPANIES INC	P	2017-01-01	2017-07-14	$2,197	$24,451	$24,451	$26,648
697 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-14	$19,263	$15,680	$15,680	$34,943
617 DANAHER CORP	P	2017-01-01	2017-07-17	$4,434	$47,086	$47,086	$51,520
366 TJX COMPANIES INC	P	2017-01-01	2017-07-17	$2,072	$23,161	$23,161	$25,233
60 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-17	$1,658	$1,358	$1,358	$3,016
1405 DANAHER CORP	P	2017-01-01	2017-07-18	$10,096	$108,004	$108,004	$118,100
940 TJX COMPANIES INC	P	2017-01-01	2017-07-18	$5,322	$60,259	$60,259	$65,581
97 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-18	$2,681	$2,254	$2,254	$4,935
460 DANAHER CORP	P	2017-01-01	2017-07-19	$3,306	$35,695	$35,695	$39,001
511 TJX COMPANIES INC	P	2017-01-01	2017-07-19	$2,893	$32,800	$32,800	$35,693
110 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-19	$3,040	$2,583	$2,583	$5,623
303 TJX COMPANIES INC	P	2017-01-01	2017-07-20	$1,716	$19,622	$19,622	$21,338
59 WATERS CORP	P	2017-01-01	2017-07-20	$6,504	$4,425	$4,425	$10,929
65 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-20	$1,796	$1,511	$1,511	$3,307
302 CHIPOTLE MEXICAN GRILL INC	P	2017-01-01	2017-07-21	$131,155	-$20,314	-$20,314	$110,841
106 WATERS CORP	P	2017-01-01	2017-07-21	$11,685	$7,806	$7,806	$19,491
141 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-21	$3,897	$3,293	$3,293	$7,190
200 WATERS CORP	P	2017-01-01	2017-07-24	$22,047	$14,523	$14,523	$36,570
78 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-24	$2,156	$1,799	$1,799	$3,955
255 CHIPOTLE MEXICAN GRILL INC	P	2017-01-01	2017-07-25	$110,743	-$18,532	-$18,532	$92,211
418 WATERS CORP	P	2017-01-01	2017-07-25	$46,079	$30,757	$30,757	$76,836
58 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-25	$1,603	$1,339	$1,339	$2,942
184 WATERS CORP	P	2017-01-01	2017-07-26	$20,284	$13,793	$13,793	$34,077
240 WATERS CORP	P	2017-01-01	2017-07-27	$26,457	$18,024	$18,024	$44,481
106 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-28	$2,930	$2,320	$2,320	$5,250
90 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-07-31	$2,487	$1,923	$1,923	$4,410
60 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-03	$1,658	$1,311	$1,311	$2,969
112 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-08	$3,095	$2,371	$2,371	$5,466
45 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-09	$1,244	$954	$954	$2,198
242 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-10	$6,688	$5,080	$5,080	$11,768
237 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-11	$6,550	$5,010	$5,010	$11,560
115 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-14	$3,178	$2,426	$2,426	$5,604
373 CRODA INTERNATIONAL PLC	P	2017-01-01	2017-08-15	$10,309	$7,830	$7,830	$18,139
1750000 US TREAS BILL	P	2017-01-01	2017-08-17	$1,746,196			$1,746,196
410 BERKSHIRE HATHAWAY INC-CL B	P	2017-01-01	2017-08-21	$8,332	$64,880	$64,880	$73,212
327 MASTERCARD INC	P	2017-01-01	2017-09-19	$32,548	$13,500	$13,500	$46,048
709 MASTERCARD INC	P	2017-01-01	2017-09-20	$70,571	$29,469	$29,469	$100,040
138 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-09-27	$35,229	-$5,533	-$5,533	$29,696
144 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-09-28	$36,760	-$5,923	-$5,923	$30,837
116 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-02	$29,613	-$4,654	-$4,654	$24,959
177 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-03	$45,185	-$7,070	-$7,070	$38,115
116 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-04	$29,613	-$4,635	-$4,635	$24,978
39 O'REILLY AUTOMOTIVE INC	P	2017-01-01	2017-10-05	$9,956	-$1,561	-$1,561	$8,395
128 CARMAX INC	P	2017-01-01	2017-10-11	$6,612	$3,144	$3,144	$9,756
300000 US TREAS BILL	P	2017-01-01	2017-10-11	$299,697			$299,697
294 CARMAX INC	P	2017-01-01	2017-10-12	$15,186	$7,230	$7,230	$22,416
347 CARMAX INC	P	2017-01-01	2017-10-13	$17,924	$8,459	$8,459	$26,383
490 CARMAX INC	P	2017-01-01	2017-10-16	$25,310	$11,836	$11,836	$37,146
224 CARMAX INC	P	2017-01-01	2017-10-17	$11,570	$5,365	$5,365	$16,935
242 CARMAX INC	P	2017-01-01	2017-10-18	$12,500	$5,721	$5,721	$18,221
318 CARMAX INC	P	2017-01-01	2017-10-19	$16,426	$7,573	$7,573	$23,999
185 CARMAX INC	P	2017-01-01	2017-10-20	$9,556	$4,421	$4,421	$13,977
352 CARMAX INC	P	2017-01-01	2017-10-23	$18,182	$8,139	$8,139	$26,321
296 CARMAX INC	P	2017-01-01	2017-10-24	$15,289	$6,947	$6,947	$22,236
171 CARMAX INC	P	2017-01-01	2017-10-25	$8,833	$3,938	$3,938	$12,771
339 CARMAX INC	P	2017-01-01	2017-10-26	$17,510	$7,877	$7,877	$25,387
298 CARMAX INC	P	2017-01-01	2017-10-27	$15,393	$6,722	$6,722	$22,115
1028 EMCOR GROUP INC	P	2017-01-01	2017-10-30	$39,483	$39,156	$39,156	$78,639
104 EMCOR GROUP INC	P	2017-01-01	2017-10-31	$3,994	$4,316	$4,316	$8,310
92 EMCOR GROUP INC	P	2017-01-01	2017-11-01	$3,533	$3,758	$3,758	$7,291
77 EMCOR GROUP INC	P	2017-01-01	2017-11-02	$2,957	$3,238	$3,238	$6,195
110 EMCOR GROUP INC	P	2017-01-01	2017-11-03	$4,225	$4,649	$4,649	$8,874
94 EMCOR GROUP INC	P	2017-01-01	2017-11-06	$3,610	$4,008	$4,008	$7,618
48 EMCOR GROUP INC	P	2017-01-01	2017-11-07	$1,844	$2,058	$2,058	$3,902
79 EMCOR GROUP INC	P	2017-01-01	2017-11-08	$3,034	$3,396	$3,396	$6,430
114 EMCOR GROUP INC	P	2017-01-01	2017-11-09	$4,378	$4,906	$4,906	$9,284
107 EMCOR GROUP INC	P	2017-01-01	2017-11-10	$4,110	$4,570	$4,570	$8,680
108 EMCOR GROUP INC	P	2017-01-01	2017-11-13	$4,148	$4,405	$4,405	$8,553
68 EMCOR GROUP INC	P	2017-01-01	2017-11-14	$2,612	$2,766	$2,766	$5,378
85 EMCOR GROUP INC	P	2017-01-01	2017-11-15	$3,265	$3,432	$3,432	$6,697
66 EMCOR GROUP INC	P	2017-01-01	2017-11-16	$2,535	$2,620	$2,620	$5,155
1700000 US TREAS BILL	P	2017-01-01	2017-11-16	$1,695,273			$1,695,273
62 EMCOR GROUP INC	P	2017-01-01	2017-11-17	$2,381	$2,387	$2,387	$4,768
126 EMCOR GROUP INC	P	2017-01-01	2017-11-20	$4,839	$4,979	$4,979	$9,818
88 EMCOR GROUP INC	P	2017-01-01	2017-11-21	$3,380	$3,531	$3,531	$6,911
47 CRITEO SA	P	2017-01-01	2017-11-22	$2,039	-$444	-$444	$1,595
84 EMCOR GROUP INC	P	2017-01-01	2017-11-22	$3,226	$3,450	$3,450	$6,676
98 CRITEO SA	P	2017-01-01	2017-11-24	$4,251	-$970	-$970	$3,281
71 EMCOR GROUP INC	P	2017-01-01	2017-11-24	$2,727	$2,941	$2,941	$5,668
126 CRITEO SA	P	2017-01-01	2017-11-27	$5,466	-$1,385	-$1,385	$4,081
56 EMCOR GROUP INC	P	2017-01-01	2017-11-27	$2,151	$2,293	$2,293	$4,444
85 CRITEO SA	P	2017-01-01	2017-11-28	$3,687	-$945	-$945	$2,742
74 CRITEO SA	P	2017-01-01	2017-11-29	$3,210	-$762	-$762	$2,448
62 EMCOR GROUP INC	P	2017-01-01	2017-11-29	$2,381	$2,492	$2,492	$4,873
163 EMCOR GROUP INC	P	2017-01-01	2017-11-30	$6,260	$6,667	$6,667	$12,927
383 EMCOR GROUP INC	P	2017-01-01	2017-12-01	$14,710	$16,188	$16,188	$30,898
129 EMCOR GROUP INC	P	2017-01-01	2017-12-04	$4,954	$5,481	$5,481	$10,435
193 GOLDMAN SACHS GROUP INC	P	2017-01-01	2017-12-26	$28,278	$22,073	$22,073	$50,351
1 SELECT EQUITY PARTNERSHIP - MANAGED	P	2017-01-01	2017-12-31		$327,014	$327,014	$327,014
1 SELECT EQUITY PARTNERSHIP - MUSEUM	P	2017-01-01	2017-12-31		$550,762	$550,762	$550,762
1 SELECT EQUITY PARTNERSHIP - PARK	P	2017-01-01	2017-12-31		$240,960	$240,960	$240,960

Field	Value	IRS element (for citing)
Capital Gain Net Income	$11,631,530	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$11,631,530	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$5,898,564	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$96,367,866	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.06121	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$2,788,487	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$119,670,955	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.02330	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$7,658,772	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$116,637,757	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.06566	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$6,690,762	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$106,476,832	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.06284	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$5,454,039	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$92,962,827	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.05867	DistributionYr5Rt
Total Distribution	0.271680	TotalDistributionRt
Average Distribution	0.054336	AverageDistributionRt
Net Vl Noncharitable Assets	$101,961,948	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$5,540,204	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$118,235	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$5,658,439	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$6,077,192	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$118,235	InvestmentIncomeExciseTaxAmt
Subtotal	$118,235	SubtotalAmt
Tax Based On Investment Income	$118,235	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$158,254	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$50,000	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$208,254	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$90,019	OverpaymentAmt
Applied To ES Tax	$90,019	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	LEONARD J BENCIVENGA CPA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9147695005	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	420 COLUMBUS AVENUE SUITE 304	AddressLine1Txt
City	VALHALLA	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	105951382	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
PATRICK S GALLAGHER
420 COLUMBUS AVENUE SUITE 304	VALHALLA	NY	10595	Executive Dir.	5.00	$40,000
HENRY A KISSINGER
420 COLUMBUS AVENUE SUITE 304	VALHALLA	NY	10595	CHAIRMAN/DIR	1.00	$0
WILLIAM C PALEY
420 COLUMBUS AVENUE SUITE 304	VALHALLA	NY	10595	VICE PRES/DIR	1.00	$0
DANIEL L MOSLEY
420 COLUMBUS AVENUE SUITE 304	VALHALLA	NY	10595	TREAS&SEC/DIR	1.00	$0
GEORGE J GILLESPIE III
420 COLUMBUS AVENUE	VALHALLA	NY	10595	Director	1.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
CRAVATH SWAINE & MOORE LLP
825 EIGHT AVENUE	NEW YORK	NY	10019	LEGAL	$68,664
BROWN BROTHERS HARRIMAN
140 BROADWAY	NEW YORK	NY	10005	ADVISORY & CUSTODY	$158,389
BENCIVENGA WARD & COMPANY CPAS
420 COLUMBUS AVENUE SUITE 304	VALHALLA	NY	10595	ACCOUNTING & TAX	$102,060
GRANT THORNTON LLP
33570 TREASURY CENTER	CHICAGO	IL	60694	AUDIT	$50,345
RUANE CUNNIFF & CO
767 FIFTH AVENUE	NEW YORK	NY	10153	ADVISORY & CUSTODY	$521,942

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$103,114,344	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$400,324	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$103,514,668	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$103,514,668	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,552,720	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$101,961,948	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$5,098,097	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$5,098,097	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$118,235	TaxBasedOnInvestmentIncomeAmt
Total Tax	$118,235	TotalTaxAmt
Distributable Before Adj	$4,979,862	DistributableBeforeAdjAmt
Distributable Before Ded	$4,979,862	DistributableBeforeDedAmt
Distributable As Adjusted	$4,979,862	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$5,895,753	ExpensesAndContributionsAmt
Charitable Assets Acquis Paid	$181,439	CharitableAssetsAcquisPaidAmt
Qualifying Distributions	$6,077,192	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$118,235	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$5,958,957	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$4,979,862	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4	$1,474,973	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,147,430	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1	$1,257,659	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$4,880,062	TotalExcessDistributionCyovAmt
Qualifying Distributions	$6,077,192	QualifyingDistributionsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$4,979,862	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$1,097,330	RemainingDistriFromCorpusAmt
Total Corpus	$5,977,392	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$5,977,392	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,474,973	ExcessFromYear4Amt
Excess From Year3	$2,147,430	ExcessFromYear3Amt
Excess From Year1	$1,257,659	ExcessFromYear1Amt
Excess From Current Year	$1,097,330	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	PATRICK S GALLAGHER	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	420 COLUMBUS AVENUE SUITE 304	AddressLine1Txt
City	VALHALLA	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	105951382	ZIPCd

Field	Value	IRS element (for citing)
Form And Info And Materials	NO PARTICULAR FORM REQUIRED, BUT FULL FINANCIAL INFORMATION SHOULD BE DISCLOSED.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	UNDER THE PROVISION OF THE FOUNDATION'S CHARTER, NO GRANTS MAY BE MADE TO INDIVIDUALS.	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (36 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd	Foreign PostalRecipientForeignAddress/ForeignPostalCd
THE GREENPARK FOUNDATION
420 COLUMBUS AVENUE SUITE 304	VALHALLA	NY	10595	COMMON DIRECTORS	POF	PALEY PARK - PROGRAM SUPPORT	$600,000
CLEAN SOBER STREETS INC
P O BOX 77114	WASHINGTON	DC	20013	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
THE JERUSALEM FOUNDATION
60 EAST 42ND STREET	NEW YORK	NY	10165	NONE	PC	PALEY ART CENTER	$100,000
LEGAL ACTION CENTER
153 WAVERLY PLACE	NEW YORK	NY	10014	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
MADISON SQ BOYS GIRLS CLUB
250 FIFTH AVENUE	NEW YORK	NY	10118	NONE	PC	HARLEM CLUBHOUSE	$1,005,000
THE METROPOLITAN MUSEUM OF ART
1000 FIFTH AVENUE	NEW YORK	NY	10028	NONE	PC	GENERAL OPERATING SUPPORT	$10,000
THE MUSEUM OF MODERN ART
11 WEST 53RD STREET	NEW YORK	NY	10019	NONE	PC	GENERAL OPERATING SUPPORT	$110,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	GENERAL OPERATING SUPPORT	$2,230,837
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	PALEY TELEVISON FESTIVAL	$1,000,000
OXFORD HOUSE
1010 WAYNE AVENUE	SILVER SPRING	MD	20910	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
WASHINGTON PROJECT FOR THE ART
500 SEVENTEENTH STREET NW	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	CHALLENGE GRANT	$427,000
NEW YORK PRESBYTERIAN HOSPTIAL
525 EAST 68TH STREET BOX 123	NEW YORK	NY	10065	NONE	PC	GENERAL OPERATING SUPPORT	$10,000
NORTHWEST CENTER FOR THE ARTS
68 MAIN STREET	TORRINGTON	CT	06790	NONE	PC	GENERAL OPERATING SUPPORT	$2,000
GREENWICH EMERGENCY MEDICAL SERVICE
111 EAST PUTNAM	RIVERSIDE	CT	06878	NONE	PC	GENERAL OPERATING SUPPORT	$2,500
GREENWICH LIBRARY
101 WEST PUTNAM AVENUE	GREENWICH	CT	06830	NONE	PC	GENERAL OPERATING SUPPORT	$2,500
DC CENTRAL KITCHEN
425 2ND STREET NW	WASHINGTON	DC	20001	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
PORTLAND MUSEUM OF ART
SEVEN CONGRESS SQUARE	PORTLAND	ME	04101	NONE	PC	ANNUAL FUND	$25,000
BOYS GIRLS CLUB OF GREENWICH
4 HORSENECK LANE	GREENWICH	CT	06830	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
DRUG POLICY ALLIANCE
925 15TH STREET NW 2ND FLOOR	WASHINGTON	DC	20005	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
THELONIOUS MONK INSTITUTE
5225 WISCONSIN AVENUE NW SUITE 605	WASHINGTON	DC	20015	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
COLUMBIA UNIVERSITY
475 RIVERSIDE DRIVE	NEW YORK	NY	10015	NONE	PC	DEPT OF OPHTHALMOLOGY	$5,000
FRIENDS OF VIRGIN ISLAND NATIONAL P
				NONE	PC	GENERAL OPERATING SUPPORT	$10,000	PO BOX 811	ST JOHNS	ST JOHNS	VQ	00831
WEST HILL POND ASSOCIATION
29 WHITE PINE LANE	WEST HARTFORD	CT	06107	NONE	PC	GENERAL OPERATING SUPPORT	$2,000
SO OTHERS MAY EAT
71 O STREET NW	WASHINGTON	DC	20001	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
DOMUS FOUNDATION
83 LOCKWOOD AVENUE	STAMFORD	CT	06902	NONE	PC	GENERAL OPERATING SUPPORT	$3,500
VOICES OF ASCENSION
12 WEST 11TH STREET	NEW YORK	NY	10011	NONE	PC	GENERAL OPERATING SUPPORT	$10,000
MADISON SQUARE BOYS GIRLS CLUB INC
733 THIRD AVENUE FLOOR 2	NEW YORK	NY	10017	NONE	PC	GENERAL OPERATING SUPPORT	$2,500
CENTER FOR STRATEGIC INTERNATIONAL
1616 RHODE ISLAND AVENUE NW	WASHINGTON	DC	20036	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
PARALYZED VETERANS OF AMERICA
801 EIGHTEENTH STREET NW	WASHINGTON	DC	20006	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
AMERICAN ACADEMY IN BERLIN
14 EAST 60TH STREET	NEW YORK	NY	10022	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
UNIVERSITY OF ALABAMA SCHOOL OF LAW
101 PAUL W BRYANT DRIVE BOX 870382	TUSCALOOSA	AL	35487	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
NATIONAL COALIATION FOR HOMELESS VE
333 1/2 PENNSYLVANIA AVENUE SE	WASHINGTON	DC	20003	NONE	PC	GENERAL OPERATING SUPPORT	$5,000
REACH PREP
ONE DOCK STREET	STAMFORD	CT	06902	NONE	PC	GENERAL OPERATING SUPPORT	$10,000
NEW YORK HISTORICAL SOCIETY
170 CENTRAL PARK WEST	NEW YORK	NY	10024	NONE	PC	GENERAL OPERATING SUPPORT	$10,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	GENERAL OPERATING SUPPORT	$32,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$5,679,837	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	PALEY TELEVISION FESTIVAL	$500,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	GENERAL PROGRAM	$476,756
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	EXHIBITS, ASSETS & CRM SOFTWARE	$400,000
THE JERUSALEM FOUNDATION
60 EAST 42ND STREET	NEW YORK	NY	10165	NONE	PC	PALEY ART CENTER	$100,000
THE MUSEUM OF MODERN ART
11 WEST 53RD STREET	NEW YORK	NY	10019	NONE	PC	GENERAL OPERATING SUPPORT	$110,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	GENERAL PROGRAM	$426,969
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	WSP HOLLYWOOD HISTORIC TRUST - WALK OF FAME	$30,000
NY PRESBYTERIAN HOSPITAL
525 EAST 68TH STREET BOX 123	NEW YORK	NY	10065	NONE	PC	GENERAL OPERATING SUPPORT	$10,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	LOBBY RENOVATION	$1,000,000
THE PALEY CENTER FOR MEDIA
25 WEST 52ND STREET	NEW YORK	NY	10019	NONE	PC	GENERAL OPERATING SUPPORT	$226,432

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$3,280,157	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$42,029	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$989,202	ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$283,936	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$5,190	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$11,631,530	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$12,951,887	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$12,951,887	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUDIT	$44,101	$4,410	$0	$41,396
TAX & ACCOUNTING	$102,093	$10,209	$0	$89,800

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (14 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt
BUILIDING IMPROVEMENTS	2006-09-28	$29,650	$9,880	SL	30.0000	$988
ELEVATOR IMPROVEMENTS	2012-10-01	$355,498	$50,362	SL	30.0000	$11,850
LOCAL LAW 11 IMPROVEMENTS	2012-07-01	$96,081	$14,413	SL	30.0000	$3,203
ELEVATOR IMPROVEMENTS	2013-10-01	$30,562	$3,312	SL	30.0000	$1,019
LOCAL LAW 11 IMPROVEMENTS	2013-07-01	$802,108	$92,878	SL	30.0000	$26,737
FRONT GLASS DOORS	2013-12-01	$16,425	$7,038	SL	7.0000	$2,346
LOCAL LAW 11 IMPROVEMENT	2014-03-01	$119,905	$11,325	SL	30.0000	$3,997
BACKFLOW DEVICE	2015-03-31	$5,508	$322	SL	30.0000	$184
STEAM TRAP	2015-03-31	$6,147	$359	SL	30.0000	$205
FRONT GLASS DOORS	2015-05-31	$4,513	$1,021	SL	7.0000	$645
LOCAL LAW 11 IMPROVEMENTS	2016-10-01	$20,882	$174	SL	30.0000	$696
LOCAL LAW 26 IMPROVEMENTS	2016-10-13	$3,500	$29	SL	30.0000	$117
LOCAL LAW 11 IMPROVEMENTS	2017-07-01	$145,866		SL	30.0000	$2,431
LOCAL LAW 26 IMPROVEMENTS	2017-07-01	$35,553		SL	30.0000	$593

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

Medium ExplanationMediumExplanationTxt

General Explanation Supplemental Information for Form 990-PF

STATEMENT 20FORM 990PF, PART II, LINE 22OTHER LIABILITIESFUNDS HELD FOR THE BENEFIT OF OTHERS -THE PALEY CENTER FOR MEDIA25 WEST 52ND STREETNEW YORK, NY 10019 $53,647,783THE GREENPARK FOUNDATION, INCC/O BENCIVENGA WARD & COMPANY, CPAS, PC420 COLUMBUS AVENUE, SUITE 304VALHALLA, NY 10595 $19,442,605TOTAL $73,091,388

General Explanation Supplemental Information for Form 990-PF

STATEMENT 21FORM 990PF, PART VII-B, LINE 5CEXEMPTION FROM TAX ON TAXABLE EXPENDITURESDuring 2017, the Foundation made a grant of $600,000 to The Greenpark Foundation, Inc. (Greenpark, Federal ID# 13-6155738). Greenpark is a private operating foundation and has as its sole purpose the ownership, operation, and maintenance of a park open to the public. The officers and directors of Greenpark are also officers/directors of the Foundation. As such they are under common control.During 2017, Greenpark used the grant paid from the Foundation for the operation and maintenance of the park. In addition, Greenpark treated none of the grant as a qualifying distribution on its tax return for 2017 (Form 990PF), thereby allowing the grant of $600,000 to be treated as a qualifying distribution by the Foundation. IN 2017 Greenpark used $512,562 for expenses, $11,523 for working capital, leaving a balance of $75,914, which has subsequently been spent in 2018.Due to the common control of Greenpark and the foundation, the foundation has not formalized pre-grant and post-grant letters. It believes the Requirements of IRS Reg. 53.4945-5(d) are satisfied by the indicia of common control of the grantor and grantee.

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (13 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
JP MORGAN SHORT TERM BOND FUND
JP MORGAN HIGH YIELD BOND FUND
JP MORGAN STRATEGIC INCOME	$479,834	$479,834
JP MORGAN TOTAL RETURN FUND	$1,325,781	$1,325,781
PIMCO TOTAL RETURN FUND	$697,707	$697,707
DOUBLELINE TOTAL RETURN BOND	$1,289,952	$1,289,952
JPM UNCONSTRATINED DEBT FD	$534,336	$534,336
DODGE & COX INCOME FUND	$698,108	$698,108
JPMORGAN INFLATN MGD BOND	$428,431	$428,431
JPMORGAN MANAGED INCOME	$1,367,009	$1,367,009
LORD ABBETT SHORT DUR	$435,338	$435,338
METROPOLITAN WEST T/R BD	$700,217	$700,217
MFS EMERGING MKTS DEBT FD	$259,586	$259,586

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (57 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
AMERICAN EXPRESS CO
BERKSHIRE HATHAWAY, INC	$8,640,547	$8,640,547
COMCAST CORP	$1,154,241	$1,154,241
DANAHER CORP
DIAGEO PLC	$685,903	$685,903
FASTENAL CORP
MOHAWK INDUSTRIES	$1,860,394	$1,860,394
NESTLE S A A/D/R	$398,643	$398,643
NOVARTIS A G A/D/R	$878,557	$878,557
TJX COMPANIES INC	$2,936,599	$2,936,599
UNILEVER N V	$430,172	$430,172
WAL MART STORES INC
EMCOR GROUP INC
ROLLS ROYCE GROUP PLC	$2,515,478	$2,515,478
OMNICOM GROUP INC	$1,380,857	$1,380,857
PRAXAIR INC	$529,779	$529,779
COSTCO WHOLESALE CORP
CRODA INTERNATIONAL PLC
GOLDMAN SACHS GROUP INC	$1,454,680	$1,454,680
HISCOX LTD	$1,242,796	$1,242,796
PERRIGO CO	$518,515	$518,515
VISA INC	$4,142,347	$4,142,347
WELLS FARGO	$3,091,925	$3,091,925
WATERS CORP	$1,119,536	$1,119,536
JACOBS ENGINEERING GROUP INC	$1,825,377	$1,825,377
TIFFANY & CO
ALPHABET INC	$6,850,383	$6,850,383
BED BATH & BEYOND
CELANESE CORP	$522,550	$522,550
DISCOVER COMMUNICATIONS
HENRY SCHEIN NC	$307,472	$307,472
LIBERTY INTERACTIVE CORP	$468,254	$468,254
MICROSOFT CORP	$358,840	$358,840
ORACLE CORP	$1,274,243	$1,274,243
PAYPAL HOLDINGS INC	$559,291	$559,291
PROGRESSIVE CORP
QUALCOMM	$608,766	$608,766
US BANCORP	$984,211	$984,211
AMAZON	$1,979,913	$1,979,913
CARMAX	$2,101,027	$2,101,027
CHIPOLTE MEXICAN GRILL INC	$225,732	$225,732
CONSTELLANTION SOFTWARE	$2,093,358	$2,093,358
DENTSPLY SIRONA INC	$2,997,108	$2,997,108
FLEETCOR TECHNOLOGIES	$769,335	$769,335
LIBERTY GLOBAL PLC SERIES C	$532,337	$532,337
LIBERTY MEDICA GROUP	$1,935,316	$1,935,316
MASTERCARD INC	$525,976	$525,976
NIELSEN HOLDINGS PLC	$461,370	$461,370
O'REILLY AUTOMOTIVE INC	$1,457,672	$1,457,672
CHARLES SCHWAB CORP	$2,088,653	$2,088,653
ZOETIS INC	$655,708	$655,708
CREDIT ACCEPTANCE CORP	$1,655,571	$1,655,571
DISCOVERY INC	$503,634	$503,634
KONINKLIJKE VOPAK	$1,129,361	$1,129,361
KROGER CO	$395,335	$395,335
PRICELINE GROUP	$1,492,719	$1,492,719
SABRE CORP	$350,304	$350,304

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	SELECT EQUITY PARTNERSHIP	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$21,042,618	BookValueAmt
EOYFMV	$21,042,618	EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (6 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	EOYFMVEOYFMVAmt	Book ValueBookValueAmt
Furniture and Fixtures	$10,798	$10,798
Machinery and Equipment	$14,640	$14,640
Buildings	$379,455	$379,455	$19,493,481
Improvements	$2,368,852	$942,778	$1,426,074	$1,426,074
Land	$330,446		$330,446	$330,446
Miscellaneous	$10,155	$10,155

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	ADMINISTRATION	CategoryTxt
Legal Fees	$29,164	LegalFeesAmt
Net Investment Income	$2,916	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$26,247	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescDesc	AmtAmt
NET CHANGE FOR GREENPARK ENDOWMENT	$2,104,487
NET CHANGE FOR PALEY CENTER FOR MEDIA ENDOWMENT	$5,536,405

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Net Investment IncomeNetInvestmentIncomeAmt
FILING FEES	$750
GENERAL INSURANCE	$1,870	$1,870
PAYROLL PROCESSING FEES	$720	$720
Rental Expenses	$593,254		$593,254
SUPPLIES	$6,845	$4,031

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	Other Investment Income	Desc
Revenue And Expenses Per Books	$5,190	RevenueAndExpensesPerBooksAmt
Net Investment Income	$5,190	NetInvestmentIncomeAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	NET UNREALIZED APPRECIATION ON INVESTMENTS	Desc
Amt	$4,472,774	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
SECURITY DEPOSITS	$52,209	$47,942
SEE STATEMENT #20	$65,450,496	$73,091,388
DEFERRED EXCISE TAX	$557,957	$639,693

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADMINISTRATION	$16,567	$0	$0	$30,000
ADVISORY & CUSTODY FEES	$1,072,021	$1,072,021	$0	$0
FOREIGN EXCHANGE	$4,511	$4,511	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAX - DEFERRED	$81,736
EXCISE TAXES	$122,098
FOREIGN TAXES	$12,515	$12,515
PAYROLL TAXES	$3,704	$1,852	$1,852