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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AFFILIATED MANAGERS GROUP IN COM 008252108 139,705 1,873,730 SH   SOLE   1,873,730 0 0
ALLEGHANY CORP DEL COM 017175100 16,702 34,146 SH   SOLE   34,146 0 0
AMERICAN EXPRESS CO COM 025816109 59,259 622,470 SH   SOLE   622,470 0 0
AUTOZONE INC COM 053332102 46,809 41,493 SH   SOLE   41,493 0 0
BAKER HUGHES COMPANY CL A 05722G100 62,664 4,071,737 SH   SOLE   4,071,737 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 16,869 94,500 SH   SOLE   94,500 0 0
BOOKING HOLDINGS INC COM 09857L108 45,218 28,397 SH   SOLE   28,397 0 0
CARMAX INC COM 143130102 47,050 525,400 SH   SOLE   525,400 0 0
CITIGROUP INC COM NEW 172967424 107,439 2,102,533 SH   SOLE   2,102,533 0 0
COMCAST CORP NEW CL A 20030N101 36,559 937,900 SH   SOLE   937,900 0 0
CVS HEALTH CORP COM 126650100 86,365 1,329,309 SH   SOLE   1,329,309 0 0
EBAY INC. COM 278642103 52,658 1,003,967 SH   SOLE   1,003,967 0 0
EXXON MOBIL CORP COM 30231G102 82,702 1,849,325 SH   SOLE   1,849,325 0 0
FRANKLIN RESOURCES INC COM 354613101 84,710 4,039,594 SH   SOLE   4,039,594 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 115,553 584,723 SH   SOLE   584,723 0 0
HARLEY DAVIDSON INC COM 412822108 77,581 3,263,831 SH   SOLE   3,263,831 0 0
INVESCO LTD SHS G491BT108 43,944 4,083,977 SH   SOLE   4,083,977 0 0
KT CORP SPONSORED ADR 48268K101 46,831 4,808,125 SH   SOLE   4,808,125 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 38,564 586,800 SH   SOLE   586,800 0 0
MORGAN STANLEY COM NEW 617446448 94,768 1,962,066 SH   SOLE   1,962,066 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 73,041 4,915,274 SH   SOLE   4,915,274 0 0
SCHLUMBERGER LTD COM 806857108 113,077 6,148,846 SH   SOLE   6,148,846 0 0
STATE STR CORP COM 857477103 66,848 1,051,900 SH   SOLE   1,051,900 0 0
UNITED NAT FOODS INC COM 911163103 62,934 3,456,039 SH   SOLE   3,456,039 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 44,510 1,050,000 SH   SOLE   1,050,000 0 0
WELLS FARGO CO NEW COM 949746101 79,935 3,122,458 SH   SOLE   3,122,458 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 26,629 223,100 SH   SOLE   223,100 0 0