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

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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMETEK INC COM 31100100 38,221 764,717 SH   DFND   764,717 0 0
BANK OF THE OZARKS INC COM 63904106 44,766 1,066,622 SH   DFND   1,066,622 0 0
BALCHEM CORP COM 57665200 141 2,266 SH   DFND   2,266 0 0
BERKSHIRE HATHAWAY CL B NEW 84670702 89,251 629,062 SH   DFND   629,062 0 0
BROOKFIELD ASSET MGT CL A 112585104 484 13,914 SH   DFND   13,914 0 0
BUFFALO WILD WINGS INC COM 119848109 11,050 74,605 SH   DFND   74,605 0 0
CARMAX INC COM 143130102 42,162 825,093 SH   DFND   825,093 0 0
DISNEY WALT COMPANY COM 254687106 37,836 380,986 SH   DFND   380,986 0 0
FASTENAL CO COM 311900104 200 4,077 SH   DFND   4,077 0 0
FORTUNE BRANDS HOME & SEC COM 34964C106 10,332 184,373 SH   DFND   184,373 0 0
ALPHABET INC CL A 38259P508 4,683 6,138 SH   DFND   6,138 0 0
ALPHABET INC CL C 38259P706 10,268 13,783 SH   DFND   13,783 0 0
KNIGHT TRANSPORTATION INC COM 499064103 16,735 639,978 SH   DFND   639,978 0 0
LKQ CORP COM 501889208 38,934 1,219,370 SH   DFND   1,219,370 0 0
M & T BANK CORP COM 55261F104 20,666 186,182 SH   DFND   186,182 0 0
MARKEL CORP HOLDING COM 570535104 23,013 25,812 SH   DFND   25,812 0 0
MASTERCARD INC CL A 57636Q104 142 1,504 SH   DFND   1,504 0 0
MOHAWK INDS INC COM 608190104 17,711 92,776 SH   DFND   92,776 0 0
O'REILLY AUTOMOTIVE COM 67103H107 21,414 78,250 SH   DFND   78,250 0 0
STANTEC INC COM 85472N109 1,429 56,352 SH   SOLE   56,352 0 0
STERICYCLE INC COM 858912108 12,691 100,574 SH   DFND   100,574 0 0
UNION PACIFIC CORP COM 907818108 19,855 249,595 SH   DFND   249,595 0 0
VISA INC COM CL A 92826C839 23,078 301,750 SH   DFND   301,750 0 0
WELLS FARGO CO COM 949746101 23,481 485,546 SH   DFND   485,546 0 0