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 143,294 1,228,936 SH   SOLE   1,228,936 0 0
AMERICAN EXPRESS CO COM 025816109 32,455 234,130 SH   SOLE   234,130 0 0
AUTOLIV INC COM 052800109 60,906 851,000 SH   SOLE   851,000 0 0
AUTOZONE INC COM 053332102 47,481 22,093 SH   SOLE   22,093 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 19,526 71,520 SH   SOLE   71,520 0 0
BORGWARNER INC COM 099724106 49,485 1,482,921 SH   SOLE   1,482,921 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 31,431 408,200 SH   SOLE   408,200 0 0
CARMAX INC COM 143130102 64,055 707,949 SH   SOLE   707,949 0 0
CIGNA CORP NEW COM 125523100 45,246 171,700 SH   SOLE   171,700 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 26,877 220,700 SH   SOLE   220,700 0 0
CISCO SYS INC COM 17275R102 23,107 541,900 SH   SOLE   541,900 0 0
CITIGROUP INC COM NEW 172967424 60,927 1,324,796 SH   SOLE   1,324,796 0 0
COMCAST CORP NEW CL A 20030N101 64,564 1,645,371 SH   SOLE   1,645,371 0 0
CVS HEALTH CORP COM 126650100 107,449 1,159,609 SH   SOLE   1,159,609 0 0
EBAY INC. COM 278642103 68,255 1,637,994 SH   SOLE   1,637,994 0 0
EXXON MOBIL CORP COM 30231G102 123,880 1,446,525 SH   SOLE   1,446,525 0 0
FEDEX CORP COM 31428X106 51,418 226,800 SH   SOLE   226,800 0 0
HARLEY DAVIDSON INC COM 412822108 55,624 1,756,931 SH   SOLE   1,756,931 0 0
INVESCO LTD SHS G491BT108 33,756 2,092,777 SH   SOLE   2,092,777 0 0
KT CORP SPONSORED ADR 48268K101 46,423 3,325,409 SH   SOLE   3,325,409 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 51,973 2,469,037 SH   SOLE   2,469,037 0 0
LOCKHEED MARTIN CORP COM 539830109 58,604 136,300 SH   SOLE   136,300 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 50,307 575,200 SH   SOLE   575,200 0 0
MICRON TECHNOLOGY INC COM 595112103 38,237 691,690 SH   SOLE   691,690 0 0
NORTHROP GRUMMAN CORP COM 666807102 52,831 110,394 SH   SOLE   110,394 0 0
QURATE RETAIL INC COM SER A 74915M100 31,929 11,125,100 SH   SOLE   11,125,100 0 0
SCHLUMBERGER LTD COM STK 806857108 75,033 2,098,226 SH   SOLE   2,098,226 0 0
SOUTHWEST AIRLS CO COM 844741108 70,243 1,944,719 SH   SOLE   1,944,719 0 0
STATE STR CORP COM 857477103 33,649 545,800 SH   SOLE   545,800 0 0
UNITED NAT FOODS INC COM 911163103 120,262 3,052,334 SH   SOLE   3,052,334 0 0
VONTIER CORPORATION COM 928881101 45,624 1,984,500 SH   SOLE   1,984,500 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 67,712 1,786,600 SH   SOLE   1,786,600 0 0
WELLS FARGO CO NEW COM 949746101 57,137 1,458,699 SH   SOLE   1,458,699 0 0