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 233,772 1,515,930 SH   SOLE   1,515,930 0 0
ALLEGHANY CORP DEL COM 017175100 28,414 42,595 SH   SOLE   42,595 0 0
AMERICAN EXPRESS CO COM 025816109 77,647 469,930 SH   SOLE   469,930 0 0
AUTOLIV INC COM 052800109 41,352 423,000 SH   SOLE   423,000 0 0
AUTOZONE INC COM 053332102 26,253 17,593 SH   SOLE   17,593 0 0
BAKER HUGHES COMPANY CL A 05722G100 70,120 3,066,038 SH   SOLE   3,066,038 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 51,949 186,920 SH   SOLE   186,920 0 0
BORGWARNER INC COM 099724106 52,496 1,081,500 SH   SOLE   1,081,500 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 39,257 587,500 SH   SOLE   587,500 0 0
CARMAX INC COM 143130102 21,529 166,700 SH   SOLE   166,700 0 0
CISCO SYS INC COM 17275R102 18,926 357,100 SH   SOLE   357,100 0 0
CITIGROUP INC COM NEW 172967424 116,766 1,650,396 SH   SOLE   1,650,396 0 0
COMCAST CORP NEW CL A 20030N101 55,121 966,699 SH   SOLE   966,699 0 0
CVS HEALTH CORP COM 126650100 136,133 1,631,509 SH   SOLE   1,631,509 0 0
EBAY INC. COM 278642103 103,958 1,480,667 SH   SOLE   1,480,667 0 0
EXXON MOBIL CORP COM 30231G102 141,534 2,243,725 SH   SOLE   2,243,725 0 0
FRANKLIN RESOURCES INC COM 354613101 54,843 1,714,394 SH   SOLE   1,714,394 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 79,103 208,423 SH   SOLE   208,423 0 0
HARLEY DAVIDSON INC COM 412822108 85,886 1,874,431 SH   SOLE   1,874,431 0 0
INVESCO LTD SHS G491BT108 92,442 3,458,377 SH   SOLE   3,458,377 0 0
KT CORP SPONSORED ADR 48268K101 68,425 4,905,009 SH   SOLE   4,905,009 0 0
LOCKHEED MARTIN CORP COM 539830109 30,684 81,100 SH   SOLE   81,100 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 45,211 439,500 SH   SOLE   439,500 0 0
MORGAN STANLEY COM NEW 617446448 91,173 994,366 SH   SOLE   994,366 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 90,418 3,665,096 SH   SOLE   3,665,096 0 0
NORTHROP GRUMMAN CORP COM 666807102 29,618 81,494 SH   SOLE   81,494 0 0
SCHLUMBERGER LTD COM STK 806857108 170,204 5,317,226 SH   SOLE   5,317,226 0 0
SOUTHWEST AIRLS CO COM 844741108 51,196 964,319 SH   SOLE   964,319 0 0
STATE STR CORP COM 857477103 63,446 771,100 SH   SOLE   771,100 0 0
UNITED NAT FOODS INC COM 911163103 123,276 3,333,585 SH   SOLE   3,333,585 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 84,970 1,615,100 SH   SOLE   1,615,100 0 0
WELLS FARGO CO NEW COM 949746101 119,881 2,646,958 SH   SOLE   2,646,958 0 0