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
3M CO COM 88579Y101 8,509 77,000 SH   SOLE   77,000 0 0
3M CO COM 88579Y101 21,300 192,750 SH   DFND 1 192,750 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 17,265 67,100 SH   SOLE   67,100 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 23,748 92,300 SH   DFND 1 92,300 0 0
ACTIVISION BLIZZARD INC COM 00507V109 134 1,800 SH   SOLE   1,800 0 0
ACTIVISION BLIZZARD INC COM 00507V109 33,588 451,800 SH   DFND 1 451,800 0 0
ALLSTATE CORP COM 020002101 16,009 128,550 SH   DFND 1 128,550 0 0
ALPHABET INC CAP STK CL A 02079K305 6,313 66,000 SH   SOLE   66,000 0 0
ALPHABET INC CAP STK CL A 02079K305 27,786 290,500 SH   DFND 1 290,500 0 0
ALPHABET INC CAP STK CL C 02079K107 88,937 924,980 SH   SOLE   924,980 0 0
ALPHABET INC CAP STK CL C 02079K107 175,462 1,824,880 SH   DFND 1 1,824,880 0 0
AMAZON COM INC COM 023135106 75,484 668,000 SH   SOLE   668,000 0 0
AMAZON COM INC COM 023135106 148,636 1,315,360 SH   DFND 1 1,315,360 0 0
AMERICAN EXPRESS CO COM 025816109 1,349 10,000 SH   SOLE   10,000 0 0
AMERICAN EXPRESS CO COM 025816109 63,982 474,250 SH   DFND 1 474,250 0 0
AMERICAN TOWER CORP NEW COM 03027X100 215 1,000 SH   SOLE   1,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 10,930 50,910 SH   DFND 1 50,910 0 0
ANALOG DEVICES INC COM 032654105 34,510 247,665 SH   SOLE   247,665 0 0
ANALOG DEVICES INC COM 032654105 117,382 842,406 SH   DFND 1 842,406 0 0
AON PLC SHS CL A G0403H108 19,836 74,050 SH   DFND 1 74,050 0 0
APOLLO GLOBAL MGMT INC COM 03769M106 1,046 22,500 SH   SOLE   22,500 0 0
APOLLO GLOBAL MGMT INC COM 03769M106 46,036 990,000 SH   DFND 1 990,000 0 0
APPLE INC COM 037833100 6,661 48,200 SH   SOLE   48,200 0 0
APPLE INC COM 037833100 160,144 1,158,790 SH   DFND 1 1,158,790 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 47,788 594,000 SH   SOLE   594,000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 69,935 869,300 SH   DFND 1 869,300 0 0
AXALTA COATING SYS LTD COM G0750C108 599 28,442 SH   DFND 1 28,442 0 0
BALL CORP COM 058498106 2,271 47,000 SH   DFND 1 47,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 13,917 361,250 SH   DFND 1 361,250 0 0
BERKLEY W R CORP COM 084423102 2,616 40,500 SH   DFND 1 40,500 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 284,529 700 SH   SOLE   700 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 168,278 414 SH   DFND 1 414 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 294,913 1,104,460 SH   SOLE   1,104,460 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 114,154 427,511 SH   DFND 1 427,511 0 0
BLACKROCK INC COM 09247X101 6,603 12,000 SH   SOLE   12,000 0 0
BLACKROCK INC COM 09247X101 114,568 208,200 SH   DFND 1 208,200 0 0
BLACKSTONE INC COM 09260D107 2,888 34,500 SH   SOLE   34,500 0 0
BLACKSTONE INC COM 09260D107 99,981 1,194,500 SH   DFND 1 1,194,500 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 201,560 4,929,329 SH   SOLE   4,929,329 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 154,827 3,786,412 SH   DFND 1 3,786,412 0 0
BROOKFIELD ASSET MGMT REINS CL A EXCH LT VTG G16169107 1,009 24,674 SH   SOLE   24,674 0 0
BROOKFIELD ASSET MGMT REINS CL A EXCH LT VTG G16169107 1,450 35,427 SH   DFND 1 35,427 0 0
BROWN FORMAN CORP CL A 115637100 33,280 492,600 SH   SOLE   492,600 0 0
BROWN FORMAN CORP CL A 115637100 23,673 350,400 SH   DFND 1 350,400 0 0
BROWN FORMAN CORP CL B 115637209 15,094 226,750 SH   SOLE   226,750 0 0
BROWN FORMAN CORP CL B 115637209 16,471 247,437 SH   DFND 1 247,437 0 0
CABLE ONE INC COM 12685J105 9,981 11,700 SH   DFND 1 11,700 0 0
CARLYLE GROUP INC COM 14316J108 1,149 44,500 SH   SOLE   44,500 0 0
CARLYLE GROUP INC COM 14316J108 32,623 1,262,500 SH   DFND 1 1,262,500 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 1,942 54,600 SH   SOLE   54,600 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 6,414 180,400 SH   DFND 1 180,400 0 0
CATERPILLAR INC COM 149123101 31,093 189,500 SH   SOLE   189,500 0 0
CATERPILLAR INC COM 149123101 16,080 98,000 SH   DFND 1 98,000 0 0
CELANESE CORP DEL COM 150870103 1,518 16,800 SH   DFND 1 16,800 0 0
CISCO SYS INC COM 17275R102 5,920 148,000 SH   SOLE   148,000 0 0
CISCO SYS INC COM 17275R102 7,760 194,000 SH   DFND 1 194,000 0 0
COMCAST CORP NEW CL A 20030N101 3,021 103,000 SH   SOLE   103,000 0 0
COMCAST CORP NEW CL A 20030N101 21,230 723,809 SH   DFND 1 723,809 0 0
COSTAR GROUP INC COM 22160N109 1,296 18,600 SH   DFND 1 18,600 0 0
COSTCO WHSL CORP NEW COM 22160K105 17,544 37,150 SH   SOLE   37,150 0 0
COSTCO WHSL CORP NEW COM 22160K105 945 2,000 SH   DFND 1 2,000 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 8,008 86,500 SH   DFND 1 86,500 0 0
CROWN HLDGS INC COM 228368106 9,804 121,000 SH   DFND 1 121,000 0 0
CVS HEALTH CORP COM 126650100 191 2,000 SH   SOLE   2,000 0 0
CVS HEALTH CORP COM 126650100 31,471 330,000 SH   DFND 1 330,000 0 0
DEERE & CO COM 244199105 252,355 755,800 SH   DFND 1 755,800 0 0
DIAGEO PLC SPON ADR NEW 25243Q205 146,117 860,472 SH   SOLE   860,472 0 0
DIAGEO PLC SPON ADR NEW 25243Q205 83,162 489,736 SH   DFND 1 489,736 0 0
DISNEY WALT CO COM 254687106 80,571 854,133 SH   SOLE   854,133 0 0
DISNEY WALT CO COM 254687106 107,303 1,137,532 SH   DFND 1 1,137,532 0 0
DOLLAR GEN CORP NEW COM 256677105 40,835 170,250 SH   DFND 1 170,250 0 0
DUCK CREEK TECHNOLOGIES INC SHS 264120106 252 21,250 SH   DFND 1 21,250 0 0
EASTMAN CHEM CO COM 277432100 1,239 17,450 SH   DFND 1 17,450 0 0
ECOLAB INC COM 278865100 3,322 23,000 SH   SOLE   23,000 0 0
ECOLAB INC COM 278865100 36,292 251,300 SH   DFND 1 251,300 0 0
ELECTRONIC ARTS INC COM 285512109 7,035 60,800 SH   DFND 1 60,800 0 0
ENOVIS CORPORATION COM 194014502 16,663 361,690 SH   SOLE   361,690 0 0
ENOVIS CORPORATION COM 194014502 768 16,666 SH   DFND 1 16,666 0 0
EQUIFAX INC COM 294429105 12,146 70,850 SH   DFND 1 70,850 0 0
ESAB CORPORATION COM 29605J106 12,066 361,690 SH   SOLE   361,690 0 0
ESAB CORPORATION COM 29605J106 556 16,666 SH   DFND 1 16,666 0 0
FACTSET RESH SYS INC COM 303075105 9,203 23,000 SH   SOLE   23,000 0 0
FACTSET RESH SYS INC COM 303075105 37,499 93,720 SH   DFND 1 93,720 0 0
FEDEX CORP COM 31428X106 12,992 87,500 SH   DFND 1 87,500 0 0
GARTNER INC COM 366651107 1,245 4,500 SH   DFND 1 4,500 0 0
GENERAL DYNAMICS CORP COM 369550108 9,335 44,000 SH   SOLE   44,000 0 0
GENERAL DYNAMICS CORP COM 369550108 73,622 347,000 SH   DFND 1 347,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 14,419 49,204 SH   SOLE   49,204 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 90,305 308,156 SH   DFND 1 308,156 0 0
GRAHAM HLDGS CO COM CL B 384637104 2,797 5,200 SH   DFND 1 5,200 0 0
HAGERTY INC COM CL A 405166909 26,970 3,000,000 SH   SOLE   3,000,000 0 0
HAGERTY INC W EXP 12/31/2027 405166117 1,323 540,000 SH   SOLE   540,000 0 0
HANOVER INS GROUP INC COM 410867105 13,070 102,000 SH   DFND 1 102,000 0 0
HEALTHCARE SVCS GROUP INC COM 421906108 5,066 419,000 SH   SOLE   419,000 0 0
HEALTHCARE SVCS GROUP INC COM 421906108 9,448 781,500 SH   DFND 1 781,500 0 0
HEICO CORP NEW CL A 422806208 883 7,702 SH   SOLE   7,702 0 0
HEICO CORP NEW CL A 422806208 38,448 335,442 SH   DFND 1 335,442 0 0
HEXCEL CORP NEW COM 428291108 1,965 38,000 SH   SOLE   38,000 0 0
HEXCEL CORP NEW COM 428291108 7,811 151,000 SH   DFND 1 151,000 0 0
HOME DEPOT INC COM 437076102 115,094 417,098 SH   SOLE   417,098 0 0
HOME DEPOT INC COM 437076102 138,772 502,902 SH   DFND 1 502,902 0 0
ILLINOIS TOOL WKS INC COM 452308109 15,356 85,000 SH   SOLE   85,000 0 0
ILLINOIS TOOL WKS INC COM 452308109 43,808 242,500 SH   DFND 1 242,500 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 1,461 16,171 SH   DFND 1 16,171 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 2,089 23,000 SH   DFND 1 23,000 0 0
INTUIT COM 461202103 1,053 2,720 SH   DFND 1 2,720 0 0
INVESTORS TITLE CO NC COM 461804106 30,075 213,300 SH   DFND 1 213,300 0 0
JOHNSON & JOHNSON COM 478160104 18,656 114,200 SH   SOLE   114,200 0 0
JOHNSON & JOHNSON COM 478160104 81,126 496,600 SH   DFND 1 496,600 0 0
JPMORGAN CHASE & CO COM 46625H100 22,629 216,550 SH   DFND 1 216,550 0 0
KKR & CO INC COM 48251W104 2,666 62,000 SH   SOLE   62,000 0 0
KKR & CO INC COM 48251W104 58,698 1,365,023 SH   DFND 1 1,365,023 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 701 8,500 SH   DFND 1 8,500 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 1,623 21,750 SH   SOLE   21,750 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 13,690 183,500 SH   DFND 1 183,500 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 3,015 40,853 SH   SOLE   40,853 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 9,686 131,260 SH   DFND 1 131,260 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 47 3,000 SH   SOLE   3,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 2,744 176,000 SH   DFND 1 176,000 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409 1,980 52,000 SH   SOLE   52,000 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409 14,237 374,000 SH   DFND 1 374,000 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607 5,053 134,000 SH   SOLE   134,000 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607 14,631 388,000 SH   DFND 1 388,000 0 0
LINDE PLC SHS G5494J103 1,591 5,900 SH   SOLE   5,900 0 0
LINDE PLC SHS G5494J103 23,858 88,500 SH   DFND 1 88,500 0 0
LOCKHEED MARTIN CORP COM 539830109 4,196 10,863 SH   DFND 1 10,863 0 0
LOWES COS INC COM 548661107 48,267 257,000 SH   SOLE   257,000 0 0
LOWES COS INC COM 548661107 63,852 339,980 SH   DFND 1 339,980 0 0
MARSH & MCLENNAN COS INC COM 571748102 2,613 17,500 SH   SOLE   17,500 0 0
MARSH & MCLENNAN COS INC COM 571748102 91,217 611,000 SH   DFND 1 611,000 0 0
MARVELL TECHNOLOGY INC COM 573874104 5,578 130,000 SH   DFND 1 130,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 10,236 36,000 SH   SOLE   36,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 48,777 171,540 SH   DFND 1 171,540 0 0
META PLATFORMS INC CL A 30303M102 2,525 18,610 SH   SOLE   18,610 0 0
META PLATFORMS INC CL A 30303M102 24,310 179,171 SH   DFND 1 179,171 0 0
MICROSOFT CORP COM 594918104 19,797 85,000 SH   SOLE   85,000 0 0
MICROSOFT CORP COM 594918104 91,990 394,980 SH   DFND 1 394,980 0 0
MOODYS CORP COM 615369105 25,284 104,000 SH   SOLE   104,000 0 0
MOODYS CORP COM 615369105 26,617 109,490 SH   DFND 1 109,490 0 0
MSCI INC COM 55354G100 422 1,000 SH   SOLE   1,000 0 0
MSCI INC COM 55354G100 59,663 141,450 SH   DFND 1 141,450 0 0
NETFLIX INC COM 64110L106 10,124 43,000 SH   DFND 1 43,000 0 0
NIKE INC CL B 654106103 13,466 162,000 SH   SOLE   162,000 0 0
NIKE INC CL B 654106103 16,956 204,000 SH   DFND 1 204,000 0 0
NORFOLK SOUTHN CORP COM 655844108 15,305 73,000 SH   SOLE   73,000 0 0
NORFOLK SOUTHN CORP COM 655844108 32,809 156,500 SH   DFND 1 156,500 0 0
NOVO-NORDISK A S ADR 670100205 107,103 1,075,000 SH   SOLE   1,075,000 0 0
NVR INC COM 62944T105 399 100 SH   SOLE   100 0 0
NVR INC COM 62944T105 38,630 9,689 SH   DFND 1 9,689 0 0
O-I GLASS INC COM 67098H104 6,070 468,700 SH   DFND 1 468,700 0 0
OLD DOMINION FREIGHT LINE IN COM 679580100 4,850 19,500 SH   DFND 1 19,500 0 0
OTIS WORLDWIDE CORP COM 68902V107 1,742 27,300 SH   SOLE   27,300 0 0
OTIS WORLDWIDE CORP COM 68902V107 5,571 87,320 SH   DFND 1 87,320 0 0
PAYCHEX INC COM 704326107 7,855 70,000 SH   SOLE   70,000 0 0
PAYCHEX INC COM 704326107 8,977 80,000 SH   DFND 1 80,000 0 0
PAYPAL HLDGS INC COM 70450Y103 2,979 34,597 SH   DFND 1 34,597 0 0
PEPSICO INC COM 713448108 15,707 96,210 SH   DFND 1 96,210 0 0
PHILIP MORRIS INTL INC COM 718172109 9,505 114,500 SH   DFND 1 114,500 0 0
PRICE T ROWE GROUP INC COM 74144T108 3,360 32,000 SH   SOLE   32,000 0 0
PRICE T ROWE GROUP INC COM 74144T108 29,612 282,000 SH   DFND 1 282,000 0 0
PROGRESSIVE CORP COM 743315103 6,973 60,000 SH   SOLE   60,000 0 0
PROGRESSIVE CORP COM 743315103 80,620 693,750 SH   DFND 1 693,750 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 4,470 54,600 SH   SOLE   54,600 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 13,866 169,400 SH   DFND 1 169,400 0 0
REGENERON PHARMACEUTICALS COM 75886F107 55,317 80,300 SH   DFND 1 80,300 0 0
RENAISSANCERE HLDGS LTD COM G7496G103 281 2,000 SH   DFND 1 2,000 0 0
RLI CORP COM 749607107 38,597 377,000 SH   SOLE   377,000 0 0
RLI CORP COM 749607107 83,979 820,272 SH   DFND 1 820,272 0 0
ROCKWELL AUTOMATION INC COM 773903109 1,699 7,900 SH   SOLE   7,900 0 0
ROCKWELL AUTOMATION INC COM 773903109 31,622 147,000 SH   DFND 1 147,000 0 0
ROLLINS INC COM 775711104 1,907 54,975 SH   SOLE   54,975 0 0
ROLLINS INC COM 775711104 42,320 1,220,300 SH   DFND 1 1,220,300 0 0
S&P GLOBAL INC COM 78409V104 305 1,000 SH   SOLE   1,000 0 0
S&P GLOBAL INC COM 78409V104 45,586 149,290 SH   DFND 1 149,290 0 0
SCHWAB CHARLES CORP COM 808513105 8,840 123,000 SH   SOLE   123,000 0 0
SCHWAB CHARLES CORP COM 808513105 71,387 993,300 SH   DFND 1 993,300 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106 2,458 57,500 SH   DFND 1 57,500 0 0
SEI INVTS CO COM 784117103 2,894 59,000 SH   SOLE   59,000 0 0
SEI INVTS CO COM 784117103 24,535 500,200 SH   DFND 1 500,200 0 0
SHERWIN WILLIAMS CO COM 824348106 19,282 94,172 SH   DFND 1 94,172 0 0
SHOPIFY INC CL A 82509L107 2,498 92,750 SH   DFND 1 92,750 0 0
SONY GROUP CORPORATION SPONSORED ADR 835699307 5,099 79,596 SH   DFND 1 79,596 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102 2,236 25,900 SH   DFND 1 25,900 0 0
STARBUCKS CORP COM 855244109 3,413 40,500 SH   SOLE   40,500 0 0
STARBUCKS CORP COM 855244109 41,441 491,818 SH   DFND 1 491,818 0 0
STERICYCLE INC COM 858912108 1,053 25,000 SH   SOLE   25,000 0 0
STERICYCLE INC COM 858912108 27,108 643,700 SH   DFND 1 643,700 0 0
TEXAS INSTRS INC COM 882508104 27,241 176,000 SH   SOLE   176,000 0 0
TEXAS INSTRS INC COM 882508104 84,820 548,000 SH   DFND 1 548,000 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 14,040 7,900 SH   DFND 1 7,900 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 3,956 7,800 SH   DFND 1 7,800 0 0
TRANSUNION COM 89400J107 178 3,000 SH   SOLE   3,000 0 0
TRANSUNION COM 89400J107 5,714 96,050 SH   DFND 1 96,050 0 0
TRUPANION INC COM 898202106 1,270 21,377 SH   DFND 1 21,377 0 0
TYSON FOODS INC CL A 902494103 330 5,000 SH   SOLE   5,000 0 0
TYSON FOODS INC CL A 902494103 25,020 379,500 SH   DFND 1 379,500 0 0
UNDER ARMOUR INC CL C 904311206 231 38,691 SH   DFND 1 38,691 0 0
UNION PAC CORP COM 907818108 2,163 11,100 SH   SOLE   11,100 0 0
UNION PAC CORP COM 907818108 14,548 74,678 SH   DFND 1 74,678 0 0
VERISK ANALYTICS INC COM 92345Y106 171 1,000 SH   SOLE   1,000 0 0
VERISK ANALYTICS INC COM 92345Y106 15,179 89,000 SH   DFND 1 89,000 0 0
VISA INC COM CL A 92826C839 33,061 186,100 SH   SOLE   186,100 0 0
VISA INC COM CL A 92826C839 137,977 776,679 SH   DFND 1 776,679 0 0
VONTIER CORPORATION COM 928881101 1,445 86,509 SH   DFND 1 86,509 0 0
WATSCO INC COM 942622200 6,977 27,100 SH   SOLE   27,100 0 0
WATSCO INC COM 942622200 112,032 435,150 SH   DFND 1 435,150 0 0
WELLS FARGO CO NEW COM 949746101 1,287 32,000 SH   SOLE   32,000 0 0
WELLS FARGO CO NEW COM 949746101 6,776 168,450 SH   DFND 1 168,450 0 0
WHIRLPOOL CORP COM 963320106 705 5,230 SH   SOLE   5,230 0 0
WHIRLPOOL CORP COM 963320106 37,318 276,819 SH   DFND 1 276,819 0 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103 1,308 6,507 SH   DFND 1 6,507 0 0