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 220,975 79,449 SH   SOLE 0 79,449 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 87,674 248,432 SH   SOLE 0 248,432 0 0
BOOKING HLDGS INC COM 09857L108 146,797 62,508 SH   SOLE 0 62,508 0 0
CISCO SYS INC COM 17275R102 93,901 1,684,025 SH   SOLE 0 1,684,025 0 0
COMCAST CORP NEW CL A 20030N101 149,790 3,199,267 SH   SOLE 0 3,199,267 0 0
MASTERCARD INCORPORATED CL A 57636Q104 60,573 169,492 SH   SOLE 0 169,492 0 0
NEWS CORP NEW CL A 65249B109 96,038 4,335,780 SH   SOLE 0 4,335,780 0 0
NEWS CORP NEW CL B 65249B208 49,379 2,192,674 SH   SOLE 0 2,192,674 0 0
ORACLE CORP COM 68389X105 110,131 1,331,213 SH   SOLE 0 1,331,213 0 0
PROGRESSIVE CORP OHIO COM 743315103 85,330 748,575 SH   SOLE 0 748,575 0 0
QURATE RETAIL INC COM SER A 74915M100 36,230 7,611,410 SH   SOLE 0 7,611,410 0 0
STATE STR CORP COM 857477103 163,223 1,873,537 SH   SOLE 0 1,873,537 0 0
TEXAS INSTRS INC COM 882508104 150,829 822,044 SH   SOLE 0 822,044 0 0
VIACOMCBS INC CL B 92556H206 12,962 342,811 SH   SOLE 0 342,811 0 0
VISA INC COM CL A 92826C839 174,788 788,149 SH   SOLE 0 788,149 0 0