The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101   8,107,290 81,000 SH   SOLE   81,000 0 0
3M CO COM 88579Y101   21,294,148 212,750 SH   DFND 1 212,750 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   309 1 SH   SOLE   1 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   49,187,343 159,399 SH   DFND 1 159,399 0 0
ACTIVISION BLIZZARD INC COM 00507V109   151,740 1,800 SH   SOLE   1,800 0 0
ACTIVISION BLIZZARD INC COM 00507V109   54,693,840 648,800 SH   DFND 1 648,800 0 0
ALLSTATE CORP COM 020002101   14,017,092 128,550 SH   DFND 1 128,550 0 0
ALPHABET INC CAP STK CL A 02079K305   8,618,400 72,000 SH   SOLE   72,000 0 0
ALPHABET INC CAP STK CL A 02079K305   57,216,600 478,000 SH   DFND 1 478,000 0 0
ALPHABET INC CAP STK CL C 02079K107   35,955,913 297,230 SH   SOLE   297,230 0 0
ALPHABET INC CAP STK CL C 02079K107   296,694,651 2,452,630 SH   DFND 1 2,452,630 0 0
AMAZON COM INC COM 023135106   19,349,596 148,432 SH   SOLE   148,432 0 0
AMAZON COM INC COM 023135106   243,828,994 1,870,428 SH   DFND 1 1,870,428 0 0
AMERICAN EXPRESS CO COM 025816109   1,742,000 10,000 SH   SOLE   10,000 0 0
AMERICAN EXPRESS CO COM 025816109   82,614,350 474,250 SH   DFND 1 474,250 0 0
AMERICAN TOWER CORP NEW COM 03027X100   193,940 1,000 SH   SOLE   1,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100   9,873,485 50,910 SH   DFND 1 50,910 0 0
ANALOG DEVICES INC COM 032654105   2,142,910 11,000 SH   SOLE   11,000 0 0
ANALOG DEVICES INC COM 032654105   216,545,146 1,111,571 SH   DFND 1 1,111,571 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108   510,480 9,000 SH   DFND 1 9,000 0 0
AON PLC SHS CL A G0403H108   517,800 1,500 SH   SOLE   1,500 0 0
AON PLC SHS CL A G0403H108   31,603,060 91,550 SH   DFND 1 91,550 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   1,728,225 22,500 SH   SOLE   22,500 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   76,041,900 990,000 SH   DFND 1 990,000 0 0
APPLE INC COM 037833100   9,349,354 48,200 SH   SOLE   48,200 0 0
APPLE INC COM 037833100   226,516,227 1,167,790 SH   DFND 1 1,167,790 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   12,900,132 170,727 SH   SOLE   170,727 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   97,666,817 1,292,573 SH   DFND 1 1,292,573 0 0
BALL CORP COM 058498106   2,968,710 51,000 SH   DFND 1 51,000 0 0
BANK NEW YORK MELLON CORP COM 064058100   16,260,930 365,250 SH   DFND 1 365,250 0 0
BERKLEY W R CORP COM 084423102   2,412,180 40,500 SH   DFND 1 40,500 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   305,507,900 590 SH   SOLE   590 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   271,332,440 524 SH   DFND 1 524 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   376,620,860 1,104,460 SH   SOLE   1,104,460 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   145,781,251 427,511 SH   DFND 1 427,511 0 0
BLACKROCK INC COM 09247X101   8,293,680 12,000 SH   SOLE   12,000 0 0
BLACKROCK INC COM 09247X101   143,895,348 208,200 SH   DFND 1 208,200 0 0
BLACKSTONE INC COM 09260D107   3,207,465 34,500 SH   SOLE   34,500 0 0
BLACKSTONE INC COM 09260D107   111,052,664 1,194,500 SH   DFND 1 1,194,500 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   40,412,255 1,238,500 SH   SOLE   1,238,500 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   31,176,432 955,453 SH   DFND 1 955,453 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   106,742,443 3,172,138 SH   SOLE   3,172,138 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   186,542,241 5,543,603 SH   DFND 1 5,543,603 0 0
BROOKFIELD REINS LTD CL A EXCH LT VTG G16250105   835,462 24,674 SH   SOLE   24,674 0 0
BROOKFIELD REINS LTD CL A EXCH LT VTG G16250105   1,199,559 35,427 SH   DFND 1 35,427 0 0
BROWN FORMAN CORP CL A 115637100   11,204,322 164,600 SH   SOLE   164,600 0 0
BROWN FORMAN CORP CL A 115637100   46,178,688 678,400 SH   DFND 1 678,400 0 0
BROWN FORMAN CORP CL B 115637209   9,709,812 145,400 SH   SOLE   145,400 0 0
BROWN FORMAN CORP CL B 115637209   21,956,396 328,787 SH   DFND 1 328,787 0 0
CABLE ONE INC COM 12685J105   17,544,036 26,700 SH   DFND 1 26,700 0 0
CAPITAL ONE FINL CORP COM 14040H105   820,275 7,500 SH   SOLE   7,500 0 0
CAPITAL ONE FINL CORP COM 14040H105   7,601,215 69,500 SH   DFND 1 69,500 0 0
CARLYLE GROUP INC COM 14316J108   1,421,775 44,500 SH   SOLE   44,500 0 0
CARLYLE GROUP INC COM 14316J108   40,975,875 1,282,500 SH   DFND 1 1,282,500 0 0
CARMAX INC COM 143130102   585,900 7,000 SH   SOLE   7,000 0 0
CARMAX INC COM 143130102   5,189,400 62,000 SH   DFND 1 62,000 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   2,714,166 54,600 SH   SOLE   54,600 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   8,967,684 180,400 SH   DFND 1 180,400 0 0
CATERPILLAR INC COM 149123101   2,460,746 10,001 SH   SOLE   10,001 0 0
CATERPILLAR INC COM 149123101   69,631,904 282,999 SH   DFND 1 282,999 0 0
CELANESE CORP DEL COM 150870103   694,800 6,000 SH   SOLE   6,000 0 0
CELANESE CORP DEL COM 150870103   6,866,940 59,300 SH   DFND 1 59,300 0 0
CHOICE HOTELS INTL INC COM 169905106   587,600 5,000 SH   DFND 1 5,000 0 0
CISCO SYS INC COM 17275R102   7,657,520 148,000 SH   SOLE   148,000 0 0
CISCO SYS INC COM 17275R102   10,037,560 194,000 SH   DFND 1 194,000 0 0
COMCAST CORP NEW CL A 20030N101   5,530,305 133,100 SH   SOLE   133,100 0 0
COMCAST CORP NEW CL A 20030N101   38,501,934 926,641 SH   DFND 1 926,641 0 0
COSTAR GROUP INC COM 22160N109   1,655,400 18,600 SH   DFND 1 18,600 0 0
COSTCO WHSL CORP NEW COM 22160K105   21,077,577 39,150 SH   DFND 1 39,150 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106   559,080 6,000 SH   SOLE   6,000 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106   9,783,900 105,000 SH   DFND 1 105,000 0 0
CROWN HLDGS INC COM 228368106   260,610 3,000 SH   SOLE   3,000 0 0
CROWN HLDGS INC COM 228368106   16,201,255 186,500 SH   DFND 1 186,500 0 0
CVS HEALTH CORP COM 126650100   138,260 2,000 SH   SOLE   2,000 0 0
CVS HEALTH CORP COM 126650100   22,812,900 330,000 SH   DFND 1 330,000 0 0
DEERE & CO COM 244199105   306,242,602 755,800 SH   DFND 1 755,800 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   101,540,273 585,314 SH   SOLE   585,314 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   132,693,811 764,894 SH   DFND 1 764,894 0 0
DISNEY WALT CO COM 254687106   40,554,279 454,237 SH   SOLE   454,237 0 0
DISNEY WALT CO COM 254687106   139,850,693 1,566,428 SH   DFND 1 1,566,428 0 0
DOLLAR GEN CORP NEW COM 256677105   594,230 3,500 SH   SOLE   3,500 0 0
DOLLAR GEN CORP NEW COM 256677105   85,866,235 505,750 SH   DFND 1 505,750 0 0
DUN & BRADSTREET HLDGS INC COM 26484T106   1,330,550 115,000 SH   DFND 1 115,000 0 0
EASTMAN CHEM CO COM 277432100   334,880 4,000 SH   SOLE   4,000 0 0
EASTMAN CHEM CO COM 277432100   4,684,134 55,950 SH   DFND 1 55,950 0 0
ECOLAB INC COM 278865100   4,293,870 23,000 SH   SOLE   23,000 0 0
ECOLAB INC COM 278865100   46,915,197 251,300 SH   DFND 1 251,300 0 0
ELECTRONIC ARTS INC COM 285512109   10,479,760 80,800 SH   DFND 1 80,800 0 0
EQUIFAX INC COM 294429105   20,671,105 87,850 SH   DFND 1 87,850 0 0
FACTSET RESH SYS INC COM 303075105   9,214,950 23,000 SH   SOLE   23,000 0 0
FACTSET RESH SYS INC COM 303075105   37,548,919 93,720 SH   DFND 1 93,720 0 0
FEDEX CORP COM 31428X106   991,600 4,000 SH   SOLE   4,000 0 0
FEDEX CORP COM 31428X106   31,979,100 129,000 SH   DFND 1 129,000 0 0
GARTNER INC COM 366651107   1,996,767 5,700 SH   DFND 1 5,700 0 0
GENERAL DYNAMICS CORP COM 369550108   9,466,600 44,000 SH   SOLE   44,000 0 0
GENERAL DYNAMICS CORP COM 369550108   74,657,050 347,000 SH   DFND 1 347,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   7,628,071 23,650 SH   SOLE   23,650 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   108,279,904 335,710 SH   DFND 1 335,710 0 0
GRAHAM HLDGS CO COM CL B 384637104   2,971,696 5,200 SH   DFND 1 5,200 0 0
HAGERTY INC CL A COM 405166109   28,080,000 3,000,000 SH   SOLE   3,000,000 0 0
HAGERTY INC W EXP 12/02/2027 405166117   1,269,000 540,000 SH   SOLE   75,000,000 0 0
HANOVER INS GROUP INC COM 410867105   678,180 6,000 SH   SOLE   6,000 0 0
HANOVER INS GROUP INC COM 410867105   17,180,560 152,000 SH   DFND 1 152,000 0 0
HEALTHCARE SVCS GROUP INC COM 421906108   4,598,440 308,000 SH   DFND 1 308,000 0 0
HEICO CORP NEW CL A 422806208   1,715,601 12,202 SH   SOLE   12,202 0 0
HEICO CORP NEW CL A 422806208   51,662,345 367,442 SH   DFND 1 367,442 0 0
HEXCEL CORP NEW COM 428291108   2,888,760 38,000 SH   SOLE   38,000 0 0
HEXCEL CORP NEW COM 428291108   11,479,020 151,000 SH   DFND 1 151,000 0 0
HOME DEPOT INC COM 437076102   86,018,080 276,906 SH   SOLE   276,906 0 0
HOME DEPOT INC COM 437076102   199,770,720 643,094 SH   DFND 1 643,094 0 0
ILLINOIS TOOL WKS INC COM 452308109   4,215,446 16,851 SH   SOLE   16,851 0 0
ILLINOIS TOOL WKS INC COM 452308109   77,711,954 310,649 SH   DFND 1 310,649 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104   3,740,347 33,077 SH   DFND 1 33,077 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   1,830,570 23,000 SH   DFND 1 23,000 0 0
INTUIT COM 461202103   1,246,277 2,720 SH   DFND 1 2,720 0 0
INVESTORS TITLE CO NC COM 461804106   31,141,800 213,300 SH   DFND 1 213,300 0 0
IQVIA HLDGS INC COM 46266C105   7,153,530 31,826 SH   DFND 1 31,826 0 0
JOHNSON & JOHNSON COM 478160104   4,421,867 26,715 SH   SOLE   26,715 0 0
JOHNSON & JOHNSON COM 478160104   96,677,750 584,085 SH   DFND 1 584,085 0 0
JPMORGAN CHASE & CO COM 46625H100   33,240,313 228,550 SH   DFND 1 228,550 0 0
KKR & CO INC COM 48251W104   1,008,000 18,000 SH   SOLE   18,000 0 0
KKR & CO INC COM 48251W104   80,137,288 1,431,023 SH   DFND 1 1,431,023 0 0
LAMAR ADVERTISING CO NEW CL A 512816109   3,424,125 34,500 SH   DFND 1 34,500 0 0
LIBERTY BROADBAND CORP COM SER A 530307107   1,734,128 21,750 SH   SOLE   21,750 0 0
LIBERTY BROADBAND CORP COM SER A 530307107   14,630,455 183,500 SH   DFND 1 183,500 0 0
LIBERTY BROADBAND CORP COM SER C 530307305   3,272,734 40,853 SH   SOLE   40,853 0 0
LIBERTY BROADBAND CORP COM SER C 530307305   10,515,239 131,260 SH   DFND 1 131,260 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   50,580 3,000 SH   SOLE   3,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   2,967,360 176,000 SH   DFND 1 176,000 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409   1,706,120 52,000 SH   SOLE   52,000 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409   12,270,940 374,000 SH   DFND 1 374,000 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607   4,385,820 134,000 SH   SOLE   134,000 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607   12,699,240 388,000 SH   DFND 1 388,000 0 0
LINDE PLC SHS G54950103   2,819,992 7,400 SH   SOLE   7,400 0 0
LINDE PLC SHS G54950103   40,775,560 107,000 SH   DFND 1 107,000 0 0
LOCKHEED MARTIN CORP COM 539830109   25,948,398 56,363 SH   DFND 1 56,363 0 0
LOWES COS INC COM 548661107   13,936,524 61,748 SH   SOLE   61,748 0 0
LOWES COS INC COM 548661107   128,814,213 570,732 SH   DFND 1 570,732 0 0
LPL FINL HLDGS INC COM 50212V100   497,697 2,289 SH   SOLE   2,289 0 0
LPL FINL HLDGS INC COM 50212V100   27,128,741 124,770 SH   DFND 1 124,770 0 0
MARSH & MCLENNAN COS INC COM 571748102   3,855,640 20,500 SH   SOLE   20,500 0 0
MARSH & MCLENNAN COS INC COM 571748102   120,183,120 639,000 SH   DFND 1 639,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104   7,859,707 19,984 SH   SOLE   19,984 0 0
MASTERCARD INCORPORATED CL A 57636Q104   73,765,774 187,556 SH   DFND 1 187,556 0 0
META PLATFORMS INC CL A 30303M102   6,201,638 21,610 SH   SOLE   21,610 0 0
META PLATFORMS INC CL A 30303M102   66,341,454 231,171 SH   DFND 1 231,171 0 0
MICROSOFT CORP COM 594918104   8,043,214 23,619 SH   SOLE   23,619 0 0
MICROSOFT CORP COM 594918104   157,452,416 462,361 SH   DFND 1 462,361 0 0
MOODYS CORP COM 615369105   7,335,501 21,096 SH   SOLE   21,096 0 0
MOODYS CORP COM 615369105   67,038,329 192,794 SH   DFND 1 192,794 0 0
MSCI INC COM 55354G100   469,290 1,000 SH   SOLE   1,000 0 0
MSCI INC COM 55354G100   66,568,786 141,850 SH   DFND 1 141,850 0 0
NIKE INC CL B 654106103   5,077,020 46,000 SH   SOLE   46,000 0 0
NIKE INC CL B 654106103   35,638,473 322,900 SH   DFND 1 322,900 0 0
NORFOLK SOUTHN CORP COM 655844108   6,576,040 29,000 SH   SOLE   29,000 0 0
NORFOLK SOUTHN CORP COM 655844108   45,465,380 200,500 SH   DFND 1 200,500 0 0
NOVO-NORDISK A S ADR 670100205   96,437,734 595,920 SH   SOLE   595,920 0 0
NOVO-NORDISK A S ADR 670100205   77,529,516 479,080 SH   DFND 1 479,080 0 0
NVR INC COM 62944T105   1,111,359 175 SH   SOLE   175 0 0
NVR INC COM 62944T105   65,690,813 10,344 SH   DFND 1 10,344 0 0
O-I GLASS INC COM 67098H104   2,133 100 SH   SOLE   100 0 0
O-I GLASS INC COM 67098H104   10,001,637 468,900 SH   DFND 1 468,900 0 0
OLD DOMINION FREIGHT LINE IN COM 679580100   1,109,250 3,000 SH   SOLE   3,000 0 0
OLD DOMINION FREIGHT LINE IN COM 679580100   23,848,875 64,500 SH   DFND 1 64,500 0 0
OTIS WORLDWIDE CORP COM 68902V107   2,429,973 27,300 SH   SOLE   27,300 0 0
OTIS WORLDWIDE CORP COM 68902V107   7,772,355 87,320 SH   DFND 1 87,320 0 0
PAYCHEX INC COM 704326107   7,830,900 70,000 SH   SOLE   70,000 0 0
PAYCHEX INC COM 704326107   8,949,600 80,000 SH   DFND 1 80,000 0 0
PEPSICO INC COM 713448108   17,820,016 96,210 SH   DFND 1 96,210 0 0
PHILIP MORRIS INTL INC COM 718172109   11,177,491 114,500 SH   DFND 1 114,500 0 0
PRICE T ROWE GROUP INC COM 74144T108   3,584,640 32,000 SH   SOLE   32,000 0 0
PRICE T ROWE GROUP INC COM 74144T108   31,589,641 282,000 SH   DFND 1 282,000 0 0
PROGRESSIVE CORP COM 743315103   7,942,200 60,000 SH   SOLE   60,000 0 0
PROGRESSIVE CORP COM 743315103   91,831,689 693,750 SH   DFND 1 693,750 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   5,348,616 54,600 SH   SOLE   54,600 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   16,594,424 169,400 SH   DFND 1 169,400 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   559,560 3,000 SH   SOLE   3,000 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   6,155,160 33,000 SH   DFND 1 33,000 0 0
RLI CORP COM 749607107   13,165,943 96,475 SH   SOLE   96,475 0 0
RLI CORP COM 749607107   150,225,766 1,100,797 SH   DFND 1 1,100,797 0 0
ROCKWELL AUTOMATION INC COM 773903109   2,602,655 7,900 SH   SOLE   7,900 0 0
ROCKWELL AUTOMATION INC COM 773903109   48,429,150 147,000 SH   DFND 1 147,000 0 0
ROLLINS INC COM 775711104   2,675,804 62,475 SH   SOLE   62,475 0 0
ROLLINS INC COM 775711104   55,413,456 1,293,800 SH   DFND 1 1,293,800 0 0
S&P GLOBAL INC COM 78409V104   400,890 1,000 SH   SOLE   1,000 0 0
S&P GLOBAL INC COM 78409V104   60,009,225 149,690 SH   DFND 1 149,690 0 0
SCHWAB CHARLES CORP COM 808513105   7,311,720 129,000 SH   SOLE   129,000 0 0
SCHWAB CHARLES CORP COM 808513105   63,326,637 1,117,266 SH   DFND 1 1,117,266 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   564,210 9,000 SH   SOLE   9,000 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   8,822,678 140,735 SH   DFND 1 140,735 0 0
SEI INVTS CO COM 784117103   3,517,580 59,000 SH   SOLE   59,000 0 0
SEI INVTS CO COM 784117103   6,808,604 114,200 SH   DFND 1 114,200 0 0
SHERWIN WILLIAMS CO COM 824348106   25,004,550 94,172 SH   DFND 1 94,172 0 0
SHOPIFY INC CL A 82509L107   6,637,650 102,750 SH   DFND 1 102,750 0 0
SKYWARD SPECIALTY INS GROUP COM 830940102   1,525,626 60,064 SH   DFND 1 60,064 0 0
SONY GROUP CORPORATION SPONSORED ADR 835699307   905,532 10,057 SH   SOLE   10,057 0 0
SONY GROUP CORPORATION SPONSORED ADR 835699307   9,448,708 104,939 SH   DFND 1 104,939 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102   4,158,245 25,900 SH   DFND 1 25,900 0 0
STARBUCKS CORP COM 855244109   4,011,930 40,500 SH   SOLE   40,500 0 0
STARBUCKS CORP COM 855244109   48,719,491 491,818 SH   DFND 1 491,818 0 0
STERICYCLE INC COM 858912108   1,161,000 25,000 SH   SOLE   25,000 0 0
STERICYCLE INC COM 858912108   29,893,428 643,700 SH   DFND 1 643,700 0 0
TARGET CORP COM 87612E106   989,250 7,500 SH   SOLE   7,500 0 0
TARGET CORP COM 87612E106   6,133,350 46,500 SH   DFND 1 46,500 0 0
TEXAS INSTRS INC COM 882508104   180 1 SH   SOLE   1 0 0
TEXAS INSTRS INC COM 882508104   130,334,299 723,999 SH   DFND 1 723,999 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   4,278,351 8,200 SH   DFND 1 8,200 0 0
TRANSUNION COM 89400J107   234,990 3,000 SH   SOLE   3,000 0 0
TRANSUNION COM 89400J107   7,680,257 98,050 SH   DFND 1 98,050 0 0
TYSON FOODS INC CL A 902494103   510,400 10,000 SH   SOLE   10,000 0 0
TYSON FOODS INC CL A 902494103   22,457,600 440,000 SH   DFND 1 440,000 0 0
UBER TECHNOLOGIES INC COM 90353T100   302,190 7,000 SH   DFND 1 7,000 0 0
UNION PAC CORP COM 907818108   2,271,282 11,100 SH   SOLE   11,100 0 0
UNION PAC CORP COM 907818108   15,280,612 74,678 SH   DFND 1 74,678 0 0
VERISK ANALYTICS INC COM 92345Y106   565,075 2,500 SH   SOLE   2,500 0 0
VERISK ANALYTICS INC COM 92345Y106   24,072,195 106,500 SH   DFND 1 106,500 0 0
VISA INC COM CL A 92826C839   18,084,102 76,150 SH   SOLE   76,150 0 0
VISA INC COM CL A 92826C839   216,847,737 913,120 SH   DFND 1 913,120 0 0
VONTIER CORPORATION COM 928881101   3,570,576 110,853 SH   DFND 1 110,853 0 0
WATSCO INC COM 942622200   15,869,152 41,600 SH   SOLE   41,600 0 0
WATSCO INC COM 942622200   189,838,547 497,650 SH   DFND 1 497,650 0 0
WELLS FARGO CO NEW COM 949746101   1,365,760 32,000 SH   SOLE   32,000 0 0
WELLS FARGO CO NEW COM 949746101   7,360,166 172,450 SH   DFND 1 172,450 0 0
WHIRLPOOL CORP COM 963320106   778,172 5,230 SH   SOLE   5,230 0 0
WHIRLPOOL CORP COM 963320106   41,187,899 276,819 SH   DFND 1 276,819 0 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103   2,031,660 8,627 SH   DFND 1 8,627 0 0