Instuitional Investor - Van Strum & Towne Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	57,227	$21,482,444	7.22%
2.	Vanguard Malvern Fds		313,136	$15,625,487	5.25%
3.	Automatic Data Processing Inc	ADP	50,176	$15,330,273	5.15%
4.	Vanguard Scottsdale Funds		175,244	$13,833,734	4.65%
5.	Vanguard Index Fds - S&P 500 ETF SHS		22,283	$11,451,661	3.85%