The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
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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 |
| ACTIVISION BLIZZARD INC | COM | 00507v109 | 4 | 84 | SH | DFND | 01 02 | 84 | 0 | 0 | |
| ANHEUSER-BUSCH INBEV SA/NV | SPONSORED ADR | 03524a108 | 6,017 | 67,984 | SH | DFND | 01 02 | 67,984 | 0 | 0 | |
| APPLE INC | COM | 037833100 | 26,286 | 132,811 | SH | DFND | 01 02 | 132,811 | 0 | 0 | |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 12,919 | 60,605 | SH | DFND | 01 02 | 60,605 | 0 | 0 | |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541w209 | 16,993 | 201,453 | SH | DFND | 01 02 | 201,453 | 0 | 0 | |
| CAMPING WORLD HLDGS INC | CL A | 13462k109 | 336 | 27,020 | SH | DFND | 01 02 | 27,020 | 0 | 0 | |
| CARMAX INC | COM | 143130102 | 142 | 1,640 | SH | DFND | 01 02 | 1,640 | 0 | 0 | |
| COSTAR GROUP INC | COM | 22160n109 | 105 | 190 | SH | DFND | 01 02 | 190 | 0 | 0 | |
| COSTCO WHSL CORP NEW | COM | 22160k105 | 5,517 | 20,878 | SH | DFND | 01 02 | 20,878 | 0 | 0 | |
| FACTSET RESH SYS INC | COM | 303075105 | 150 | 525 | SH | DFND | 01 02 | 525 | 0 | 0 | |
| LANDSTAR SYS INC | COM | 515098101 | 9,435 | 87,371 | SH | DFND | 01 02 | 87,371 | 0 | 0 | |
| MARRIOTT INTL INC NEW | CL A | 571903202 | 24,585 | 175,247 | SH | DFND | 01 02 | 175,247 | 0 | 0 | |
| MICROSOFT CORP | COM | 594918104 | 26,785 | 199,951 | SH | DFND | 01 02 | 199,951 | 0 | 0 | |
| PROGRESSIVE CORP OHIO | COM | 743315103 | 24,059 | 301,006 | SH | DFND | 01 02 | 301,006 | 0 | 0 | |
| RAVEN INDS INC | COM | 754212108 | 8,946 | 249,321 | SH | DFND | 01 02 | 249,321 | 0 | 0 | |
| RITCHIE BROS AUCTIONEERS | COM | 767744105 | 17,934 | 539,864 | SH | DFND | 01 02 | 539,864 | 0 | 0 | |
| ROPER TECHNOLOGIES INC | COM | 776696106 | 2 | 5 | SH | DFND | 01 02 | 5 | 0 | 0 | |
| SPDR S&P ETF TR | TR UNIT | 78462f103 | 198 | 676 | SH | DFND | 01 02 | 676 | 0 | 0 | |
| STURM RUGER & CO INC | COM | 864159108 | 582 | 10,679 | SH | DFND | 01 02 | 10,679 | 0 | 0 | |
| WELLCARE HEALTH PLANS INC | COM | 94946t106 | 1 | 5 | SH | DFND | 01 02 | 5 | 0 | 0 | |