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 135,768 1,213,836 SH   SOLE   1,213,836 0 0
ALPHABET INC CAP STK CL A 02079K305 5,423 56,700 SH   SOLE   56,700 0 0
AMERICAN EXPRESS CO COM 025816109 30,764 228,030 SH   SOLE   228,030 0 0
APPLIED MATLS INC COM 038222105 11,274 137,600 SH   SOLE   137,600 0 0
AUTOLIV INC COM 052800109 57,702 866,000 SH   SOLE   866,000 0 0
AUTOZONE INC COM 053332102 41,110 19,193 SH   SOLE   19,193 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 20,940 78,420 SH   SOLE   78,420 0 0
BORGWARNER INC COM 099724106 49,198 1,566,800 SH   SOLE   1,566,800 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 24,846 349,500 SH   SOLE   349,500 0 0
CARMAX INC COM 143130102 57,510 871,100 SH   SOLE   871,100 0 0
CIGNA CORP NEW COM 125523100 43,202 155,700 SH   SOLE   155,700 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 38,681 345,300 SH   SOLE   345,300 0 0
CISCO SYS INC COM 17275R102 21,396 534,900 SH   SOLE   534,900 0 0
CITIGROUP INC COM NEW 172967424 49,716 1,193,096 SH   SOLE   1,193,096 0 0
COMCAST CORP NEW CL A 20030N101 55,101 1,878,671 SH   SOLE   1,878,671 0 0
CVS HEALTH CORP COM 126650100 106,336 1,114,979 SH   SOLE   1,114,979 0 0
EBAY INC. COM 278642103 61,314 1,665,694 SH   SOLE   1,665,694 0 0
EXXON MOBIL CORP COM 30231G102 112,615 1,289,825 SH   SOLE   1,289,825 0 0
FEDEX CORP COM 31428X106 39,389 265,300 SH   SOLE   265,300 0 0
HARLEY DAVIDSON INC COM 412822108 48,023 1,376,801 SH   SOLE   1,376,801 0 0
KT CORP SPONSORED ADR 48268K101 38,222 3,127,809 SH   SOLE   3,127,809 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 41,196 2,642,437 SH   SOLE   2,642,437 0 0
LOCKHEED MARTIN CORP COM 539830109 52,033 134,700 SH   SOLE   134,700 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 63,039 837,400 SH   SOLE   837,400 0 0
MICRON TECHNOLOGY INC COM 595112103 42,514 848,590 SH   SOLE   848,590 0 0
NORTHROP GRUMMAN CORP COM 666807102 43,502 92,494 SH   SOLE   92,494 0 0
QURATE RETAIL INC COM SER A 74915M100 22,086 10,988,200 SH   SOLE   10,988,200 0 0
SCHLUMBERGER LTD COM STK 806857108 54,494 1,517,926 SH   SOLE   1,517,926 0 0
SOUTHWEST AIRLS CO COM 844741108 62,649 2,031,419 SH   SOLE   2,031,419 0 0
STATE STR CORP COM 857477103 32,764 538,800 SH   SOLE   538,800 0 0
UNITED NAT FOODS INC COM 911163103 103,579 3,013,634 SH   SOLE   3,013,634 0 0
VONTIER CORPORATION COM 928881101 45,647 2,731,700 SH   SOLE   2,731,700 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 55,408 1,764,600 SH   SOLE   1,764,600 0 0
WELLS FARGO CO NEW COM 949746101 57,881 1,439,099 SH   SOLE   1,439,099 0 0