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 174,235 1,713,230 SH   SOLE   1,713,230 0 0
ALLEGHANY CORP DEL COM 017175100 42,074 69,695 SH   SOLE   69,695 0 0
AMDOCS LTD SHS G02602103 12,984 183,056 SH   SOLE   183,056 0 0
AMERICAN EXPRESS CO COM 025816109 83,951 694,330 SH   SOLE   694,330 0 0
AUTOZONE INC COM 053332102 33,895 28,593 SH   SOLE   28,593 0 0
BAKER HUGHES COMPANY CL A 05722G100 78,981 3,788,038 SH   SOLE   3,788,038 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 54,680 235,820 SH   SOLE   235,820 0 0
BOOKING HOLDINGS INC COM 09857L108 55,007 24,697 SH   SOLE   24,697 0 0
CARMAX INC COM 143130102 41,950 444,100 SH   SOLE   444,100 0 0
CITIGROUP INC COM NEW 172967424 117,598 1,907,196 SH   SOLE   1,907,196 0 0
COMCAST CORP NEW CL A 20030N101 58,127 1,109,299 SH   SOLE   1,109,299 0 0
CVS HEALTH CORP COM 126650100 96,625 1,414,709 SH   SOLE   1,414,709 0 0
EBAY INC. COM 278642103 67,750 1,348,267 SH   SOLE   1,348,267 0 0
EXXON MOBIL CORP COM 30231G102 100,545 2,439,225 SH   SOLE   2,439,225 0 0
FRANKLIN RESOURCES INC COM 354613101 56,120 2,245,694 SH   SOLE   2,245,694 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 104,699 397,023 SH   SOLE   397,023 0 0
HARLEY DAVIDSON INC COM 412822108 72,385 1,972,331 SH   SOLE   1,972,331 0 0
INVESCO LTD SHS G491BT108 69,008 3,959,177 SH   SOLE   3,959,177 0 0
KT CORP SPONSORED ADR 48268K101 52,661 4,783,025 SH   SOLE   4,783,025 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 46,151 503,500 SH   SOLE   503,500 0 0
MORGAN STANLEY COM NEW 617446448 102,854 1,500,866 SH   SOLE   1,500,866 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 85,794 4,110,874 SH   SOLE   4,110,874 0 0
SCHLUMBERGER LTD COM 806857108 138,013 6,322,165 SH   SOLE   6,322,165 0 0
SOUTHWEST AIRLS CO COM 844741108 50,855 1,091,080 SH   SOLE   1,091,080 0 0
STATE STR CORP COM 857477103 64,119 881,000 SH   SOLE   881,000 0 0
UNITED NAT FOODS INC COM 911163103 59,064 3,698,439 SH   SOLE   3,698,439 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 63,529 1,593,000 SH   SOLE   1,593,000 0 0
WELLS FARGO CO NEW COM 949746101 105,665 3,501,158 SH   SOLE   3,501,158 0 0