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
ALPHABET INC CAP STK CL A 02079K305 205,110 76,719 SH   SOLE 0 76,719 0 0
AMERICAN EXPRESS CO COM 025816109 8,272 49,376 SH   SOLE 0 49,376 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 182,692 669,348 SH   SOLE 0 669,348 0 0
BOOKING HLDGS INC COM 09857L108 142,188 59,897 SH   SOLE 0 59,897 0 0
CISCO SYS INC COM 17275R102 118,946 2,185,308 SH   SOLE 0 2,185,308 0 0
COMCAST CORP NEW CL A 20030N101 106,957 1,912,340 SH   SOLE 0 1,912,340 0 0
MASTERCARD INCORPORATED CL A 57636Q104 30,902 88,880 SH   SOLE 0 88,880 0 0
NEWS CORP NEW CL A 65249B109 88,441 3,758,653 SH   SOLE 0 3,758,653 0 0
NEWS CORP NEW CL B 65249B208 44,279 1,906,119 SH   SOLE 0 1,906,119 0 0
ORACLE CORP COM 68389X105 93,685 1,075,230 SH   SOLE 0 1,075,230 0 0
PROGRESSIVE CORP OHIO COM 743315103 130,918 1,448,363 SH   SOLE 0 1,448,363 0 0
QURATE RETAIL INC COM SER A 74915M100 63,307 6,212,641 SH   SOLE 0 6,212,641 0 0
STATE STR CORP COM 857477103 178,267 2,104,191 SH   SOLE 0 2,104,191 0 0
TEXAS INSTRS INC COM 882508104 120,377 626,280 SH   SOLE 0 626,280 0 0
VISA INC COM CL A 92826C839 185,631 833,359 SH   SOLE 0 833,359 0 0