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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101   9,593,600 80,000 SH   SOLE   80,000 0 0
3M CO COM 88579Y101   24,913,380 207,750 SH   DFND 1 207,750 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   267 1 SH   SOLE   1 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   42,534,029 159,399 SH   DFND 1 159,399 0 0
ACTIVISION BLIZZARD INC COM 00507V109   137,790 1,800 SH   SOLE   1,800 0 0
ACTIVISION BLIZZARD INC COM 00507V109   47,369,141 618,800 SH   DFND 1 618,800 0 0
ALLSTATE CORP COM 020002101   17,431,380 128,550 SH   DFND 1 128,550 0 0
ALPHABET INC CAP STK CL A 02079K305   6,176,100 70,000 SH   SOLE   70,000 0 0
ALPHABET INC CAP STK CL A 02079K305   26,733,690 303,000 SH   DFND 1 303,000 0 0
ALPHABET INC CAP STK CL C 02079K107   26,373,218 297,230 SH   SOLE   297,230 0 0
ALPHABET INC CAP STK CL C 02079K107   217,621,860 2,452,630 SH   DFND 1 2,452,630 0 0
AMAZON COM INC COM 023135106   12,384,288 147,432 SH   SOLE   147,432 0 0
AMAZON COM INC COM 023135106   155,435,952 1,850,428 SH   DFND 1 1,850,428 0 0
AMERICAN EXPRESS CO COM 025816109   1,477,500 10,000 SH   SOLE   10,000 0 0
AMERICAN EXPRESS CO COM 025816109   70,070,439 474,250 SH   DFND 1 474,250 0 0
AMERICAN TOWER CORP NEW COM 03027X100   211,860 1,000 SH   SOLE   1,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100   10,785,793 50,910 SH   DFND 1 50,910 0 0
ANALOG DEVICES INC COM 032654105   1,640,300 10,000 SH   SOLE   10,000 0 0
ANALOG DEVICES INC COM 032654105   180,280,617 1,099,071 SH   DFND 1 1,099,071 0 0
AON PLC SHS CL A G0403H108   300,140 1,000 SH   SOLE   1,000 0 0
AON PLC SHS CL A G0403H108   23,726,067 79,050 SH   DFND 1 79,050 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   1,435,275 22,500 SH   SOLE   22,500 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   63,152,100 990,000 SH   DFND 1 990,000 0 0
APPLE INC COM 037833100   6,262,626 48,200 SH   SOLE   48,200 0 0
APPLE INC COM 037833100   150,561,585 1,158,790 SH   DFND 1 1,158,790 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   15,852,002 170,727 SH   SOLE   170,727 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   120,015,403 1,292,573 SH   DFND 1 1,292,573 0 0
AXALTA COATING SYS LTD COM G0750C108   724,418 28,442 SH   DFND 1 28,442 0 0
BALL CORP COM 058498106   2,608,140 51,000 SH   DFND 1 51,000 0 0
BANK NEW YORK MELLON CORP COM 064058100   16,626,180 365,250 SH   DFND 1 365,250 0 0
BERKLEY W R CORP COM 084423102   2,939,086 40,500 SH   DFND 1 40,500 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   276,539,467 590 SH   SOLE   590 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   245,604,543 524 SH   DFND 1 524 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   341,167,694 1,104,460 SH   SOLE   1,104,460 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   132,058,150 427,511 SH   DFND 1 427,511 0 0
BLACKROCK INC COM 09247X101   8,503,560 12,000 SH   SOLE   12,000 0 0
BLACKROCK INC COM 09247X101   147,536,766 208,200 SH   DFND 1 208,200 0 0
BLACKSTONE INC COM 09260D107   2,559,555 34,500 SH   SOLE   34,500 0 0
BLACKSTONE INC COM 09260D107   88,619,955 1,194,500 SH   DFND 1 1,194,500 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   35,507,802 1,238,500 SH   SOLE   1,238,500 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   27,392,974 955,458 SH   DFND 1 955,458 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   99,795,461 3,172,138 SH   SOLE   3,172,138 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   174,401,750 5,543,603 SH   DFND 1 5,543,603 0 0
BROOKFIELD REINS LTD CL A EXCH LT VTG G16250105   772,050 24,674 SH   SOLE   24,674 0 0
BROOKFIELD REINS LTD CL A EXCH LT VTG G16250105   1,108,511 35,427 SH   DFND 1 35,427 0 0
BROWN FORMAN CORP CL A 115637100   10,824,096 164,600 SH   SOLE   164,600 0 0
BROWN FORMAN CORP CL A 115637100   44,611,583 678,400 SH   DFND 1 678,400 0 0
BROWN FORMAN CORP CL B 115637209   9,549,872 145,400 SH   SOLE   145,400 0 0
BROWN FORMAN CORP CL B 115637209   21,594,730 328,787 SH   DFND 1 328,787 0 0
CABLE ONE INC COM 12685J105   19,006,662 26,700 SH   DFND 1 26,700 0 0
CAPITAL ONE FINL CORP COM 14040H105   464,800 5,000 SH   SOLE   5,000 0 0
CAPITAL ONE FINL CORP COM 14040H105   232,400 2,500 SH   DFND 1 2,500 0 0
CARLYLE GROUP INC COM 14316J108   1,327,880 44,500 SH   SOLE   44,500 0 0
CARLYLE GROUP INC COM 14316J108   38,269,800 1,282,500 SH   DFND 1 1,282,500 0 0
CARMAX INC COM 143130102   304,450 5,000 SH   SOLE   5,000 0 0
CARMAX INC COM 143130102   1,826,700 30,000 SH   DFND 1 30,000 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   2,252,250 54,600 SH   SOLE   54,600 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   7,441,500 180,400 SH   DFND 1 180,400 0 0
CATERPILLAR INC COM 149123101   2,395,840 10,001 SH   SOLE   10,001 0 0
CATERPILLAR INC COM 149123101   66,477,660 277,499 SH   DFND 1 277,499 0 0
CELANESE CORP DEL COM 150870103   408,960 4,000 SH   SOLE   4,000 0 0
CELANESE CORP DEL COM 150870103   4,273,632 41,800 SH   DFND 1 41,800 0 0
CISCO SYS INC COM 17275R102   7,050,720 148,000 SH   SOLE   148,000 0 0
CISCO SYS INC COM 17275R102   9,242,160 194,000 SH   DFND 1 194,000 0 0
COMCAST CORP NEW CL A 20030N101   4,301,310 123,000 SH   SOLE   123,000 0 0
COMCAST CORP NEW CL A 20030N101   28,240,793 807,572 SH   DFND 1 807,572 0 0
COSTAR GROUP INC COM 22160N109   1,437,408 18,600 SH   DFND 1 18,600 0 0
COSTCO WHSL CORP NEW COM 22160K105   17,871,975 39,150 SH   DFND 1 39,150 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106   378,960 4,000 SH   SOLE   4,000 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106   8,810,820 93,000 SH   DFND 1 93,000 0 0
CROWN HLDGS INC COM 228368106   164,420 2,000 SH   SOLE   2,000 0 0
CROWN HLDGS INC COM 228368106   14,468,960 176,000 SH   DFND 1 176,000 0 0
CVS HEALTH CORP COM 126650100   186,380 2,000 SH   SOLE   2,000 0 0
CVS HEALTH CORP COM 126650100   30,752,700 330,000 SH   DFND 1 330,000 0 0
DEERE & CO COM 244199105   324,056,808 755,800 SH   DFND 1 755,800 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   104,297,102 585,314 SH   SOLE   585,314 0 0
DIAGEO PLC SPON ADR NEW 25243Q205   136,296,463 764,894 SH   DFND 1 764,894 0 0
DISNEY WALT CO COM 254687106   39,377,231 453,237 SH   SOLE   453,237 0 0
DISNEY WALT CO COM 254687106   134,874,945 1,552,428 SH   DFND 1 1,552,428 0 0
DOLLAR GEN CORP NEW COM 256677105   615,625 2,500 SH   SOLE   2,500 0 0
DOLLAR GEN CORP NEW COM 256677105   45,002,188 182,750 SH   DFND 1 182,750 0 0
DUCK CREEK TECHNOLOGIES INC SHS 264120106   304,263 25,250 SH   DFND 1 25,250 0 0
DUN & BRADSTREET HLDGS INC COM 26484T106   796,900 65,000 SH   DFND 1 65,000 0 0
EASTMAN CHEM CO COM 277432100   244,320 3,000 SH   SOLE   3,000 0 0
EASTMAN CHEM CO COM 277432100   2,398,408 29,450 SH   DFND 1 29,450 0 0
ECOLAB INC COM 278865100   3,347,880 23,000 SH   SOLE   23,000 0 0
ECOLAB INC COM 278865100   36,579,228 251,300 SH   DFND 1 251,300 0 0
ELECTRONIC ARTS INC COM 285512109   7,428,544 60,800 SH   DFND 1 60,800 0 0
ENOVIS CORPORATION COM 194014502   9,545,613 178,356 SH   SOLE   178,356 0 0
EQUIFAX INC COM 294429105   17,074,525 87,850 SH   DFND 1 87,850 0 0
ESAB CORPORATION COM 29605J106   47 1 SH   SOLE   1 0 0
ESAB CORPORATION COM 29605J106   17,752,463 378,356 SH   DFND 1 378,356 0 0
FACTSET RESH SYS INC COM 303075105   9,227,830 23,000 SH   SOLE   23,000 0 0
FACTSET RESH SYS INC COM 303075105   37,601,401 93,720 SH   DFND 1 93,720 0 0
FEDEX CORP COM 31428X106   519,600 3,000 SH   SOLE   3,000 0 0
FEDEX CORP COM 31428X106   18,012,800 104,000 SH   DFND 1 104,000 0 0
GARTNER INC COM 366651107   1,915,998 5,700 SH   DFND 1 5,700 0 0
GENERAL DYNAMICS CORP COM 369550108   10,916,840 44,000 SH   SOLE   44,000 0 0
GENERAL DYNAMICS CORP COM 369550108   86,094,170 347,000 SH   DFND 1 347,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   8,120,937 23,650 SH   SOLE   23,650 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   115,276,101 335,710 SH   DFND 1 335,710 0 0
GRAHAM HLDGS CO COM CL B 384637104   3,141,892 5,200 SH   DFND 1 5,200 0 0
HAGERTY INC CL A COM 405166909   25,230,000 3,000,000 SH   SOLE   3,000,000 0 0
HAGERTY INC W EXP 12/02/2027 405166117   1,209,600 540,000 SH   SOLE   540,000 0 0
HANOVER INS GROUP INC COM 410867105   540,520 4,000 SH   SOLE   4,000 0 0
HANOVER INS GROUP INC COM 410867105   15,810,210 117,000 SH   DFND 1 117,000 0 0
HEALTHCARE SVCS GROUP INC COM 421906108   240,000 20,000 SH   SOLE   20,000 0 0
HEALTHCARE SVCS GROUP INC COM 421906108   14,166,000 1,180,500 SH   DFND 1 1,180,500 0 0
HEICO CORP NEW CL A 422806208   1,282,635 10,702 SH   SOLE   10,702 0 0
HEICO CORP NEW CL A 422806208   41,221,449 343,942 SH   DFND 1 343,942 0 0
HEXCEL CORP NEW COM 428291108   2,236,300 38,000 SH   SOLE   38,000 0 0
HEXCEL CORP NEW COM 428291108   8,886,350 151,000 SH   DFND 1 151,000 0 0
HOME DEPOT INC COM 437076102   87,463,529 276,906 SH   SOLE   276,906 0 0
HOME DEPOT INC COM 437076102   203,127,672 643,094 SH   DFND 1 643,094 0 0
ILLINOIS TOOL WKS INC COM 452308109   3,712,275 16,851 SH   SOLE   16,851 0 0
ILLINOIS TOOL WKS INC COM 452308109   68,435,975 310,649 SH   DFND 1 310,649 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104   1,812,252 17,665 SH   DFND 1 17,665 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   2,411,320 23,000 SH   DFND 1 23,000 0 0
INTUIT COM 461202103   1,058,679 2,720 SH   DFND 1 2,720 0 0
INVESTORS TITLE CO NC COM 461804106   31,472,415 213,300 SH   DFND 1 213,300 0 0
JOHNSON & JOHNSON COM 478160104   4,719,205 26,715 SH   SOLE   26,715 0 0
JOHNSON & JOHNSON COM 478160104   103,178,616 584,085 SH   DFND 1 584,085 0 0
JPMORGAN CHASE & CO COM 46625H100   29,039,355 216,550 SH   DFND 1 216,550 0 0
KKR & CO INC COM 48251W104   835,560 18,000 SH   SOLE   18,000 0 0
KKR & CO INC COM 48251W104   65,406,848 1,409,023 SH   DFND 1 1,409,023 0 0
LAMAR ADVERTISING CO NEW CL A 512816109   802,400 8,500 SH   DFND 1 8,500 0 0
LIBERTY BROADBAND CORP COM SER A 530307107   1,649,738 21,750 SH   SOLE   21,750 0 0
LIBERTY BROADBAND CORP COM SER A 530307107   13,918,475 183,500 SH   DFND 1 183,500 0 0
LIBERTY BROADBAND CORP COM SER C 530307305   3,115,858 40,853 SH   SOLE   40,853 0 0
LIBERTY BROADBAND CORP COM SER C 530307305   10,011,201 131,260 SH   DFND 1 131,260 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   56,790 3,000 SH   SOLE   3,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   3,331,680 176,000 SH   DFND 1 176,000 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409   2,044,120 52,000 SH   SOLE   52,000 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409   14,701,940 374,000 SH   DFND 1 374,000 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607   5,243,420 134,000 SH   SOLE   134,000 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607   15,182,440 388,000 SH   DFND 1 388,000 0 0
LINDE PLC SHS G5494J103   2,250,642 6,900 SH   SOLE   6,900 0 0
LINDE PLC SHS G5494J103   29,845,470 91,500 SH   DFND 1 91,500 0 0
LOCKHEED MARTIN CORP COM 539830109   27,420,037 56,363 SH   DFND 1 56,363 0 0
LOWES COS INC COM 548661107   12,103,432 60,748 SH   SOLE   60,748 0 0
LOWES COS INC COM 548661107   108,731,643 545,732 SH   DFND 1 545,732 0 0
LPL FINL HLDGS INC COM 50212V100   293,775 1,359 SH   SOLE   1,359 0 0
LPL FINL HLDGS INC COM 50212V100   285,777 1,322 SH   DFND 1 1,322 0 0
MARSH & MCLENNAN COS INC COM 571748102   3,226,860 19,500 SH   SOLE   19,500 0 0
MARSH & MCLENNAN COS INC COM 571748102   102,763,080 621,000 SH   DFND 1 621,000 0 0
MARVELL TECHNOLOGY INC COM 573874104   5,926,400 160,000 SH   DFND 1 160,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104   6,949,037 19,984 SH   SOLE   19,984 0 0
MASTERCARD INCORPORATED CL A 57636Q104   65,218,848 187,556 SH   DFND 1 187,556 0 0
META PLATFORMS INC CL A 30303M102   2,480,207 20,610 SH   SOLE   20,610 0 0
META PLATFORMS INC CL A 30303M102   24,959,358 207,407 SH   DFND 1 207,407 0 0
MICROSOFT CORP COM 594918104   5,664,309 23,619 SH   SOLE   23,619 0 0
MICROSOFT CORP COM 594918104   109,444,496 456,361 SH   DFND 1 456,361 0 0
MOODYS CORP COM 615369105   5,877,768 21,096 SH   SOLE   21,096 0 0
MOODYS CORP COM 615369105   53,716,264 192,794 SH   DFND 1 192,794 0 0
MSCI INC COM 55354G100   465,170 1,000 SH   SOLE   1,000 0 0
MSCI INC COM 55354G100   65,984,364 141,850 SH   DFND 1 141,850 0 0
NETFLIX INC COM 64110L106   12,679,840 43,000 SH   DFND 1 43,000 0 0
NIKE INC CL B 654106103   5,382,460 46,000 SH   SOLE   46,000 0 0
NIKE INC CL B 654106103   37,782,529 322,900 SH   DFND 1 322,900 0 0
NORFOLK SOUTHN CORP COM 655844108   7,146,180 29,000 SH   SOLE   29,000 0 0
NORFOLK SOUTHN CORP COM 655844108   49,407,210 200,500 SH   DFND 1 200,500 0 0
NOVO-NORDISK A S ADR 670100205   80,651,813 595,920 SH   SOLE   595,920 0 0
NOVO-NORDISK A S ADR 670100205   64,838,688 479,080 SH   DFND 1 479,080 0 0
NVR INC COM 62944T105   691,887 150 SH   SOLE   150 0 0
NVR INC COM 62944T105   45,567,678 9,879 SH   DFND 1 9,879 0 0
O-I GLASS INC COM 67098H104   7,769,673 468,900 SH   DFND 1 468,900 0 0
OLD DOMINION FREIGHT LINE IN COM 679580100   567,560 2,000 SH   SOLE   2,000 0 0
OLD DOMINION FREIGHT LINE IN COM 679580100   10,074,190 35,500 SH   DFND 1 35,500 0 0
OTIS WORLDWIDE CORP COM 68902V107   2,137,863 27,300 SH   SOLE   27,300 0 0
OTIS WORLDWIDE CORP COM 68902V107   6,838,031 87,320 SH   DFND 1 87,320 0 0
PAYCHEX INC COM 704326107   8,089,200 70,000 SH   SOLE   70,000 0 0
PAYCHEX INC COM 704326107   9,244,800 80,000 SH   DFND 1 80,000 0 0
PAYPAL HLDGS INC COM 70450Y103   700,235 9,832 SH   SOLE   9,832 0 0
PAYPAL HLDGS INC COM 70450Y103   2,769,105 38,881 SH   DFND 1 38,881 0 0
PEPSICO INC COM 713448108   17,381,299 96,210 SH   DFND 1 96,210 0 0
PHILIP MORRIS INTL INC COM 718172109   11,588,545 114,500 SH   DFND 1 114,500 0 0
PRICE T ROWE GROUP INC COM 74144T108   3,489,920 32,000 SH   SOLE   32,000 0 0
PRICE T ROWE GROUP INC COM 74144T108   30,754,920 282,000 SH   DFND 1 282,000 0 0
PROGRESSIVE CORP COM 743315103   7,782,600 60,000 SH   SOLE   60,000 0 0
PROGRESSIVE CORP COM 743315103   89,986,313 693,750 SH   DFND 1 693,750 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   5,510,232 54,600 SH   SOLE   54,600 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   17,095,848 169,400 SH   DFND 1 169,400 0 0
REGENERON PHARMACEUTICALS COM 75886F107   22,005,445 30,500 SH   DFND 1 30,500 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   368,460 2,000 SH   SOLE   2,000 0 0
RENAISSANCERE HLDGS LTD COM G7496G103   2,210,760 12,000 SH   DFND 1 12,000 0 0
RLI CORP COM 749607107   12,664,273 96,475 SH   SOLE   96,475 0 0
RLI CORP COM 749607107   144,501,621 1,100,797 SH   DFND 1 1,100,797 0 0
ROCKWELL AUTOMATION INC COM 773903109   2,034,803 7,900 SH   SOLE   7,900 0 0
ROCKWELL AUTOMATION INC COM 773903109   37,862,790 147,000 SH   DFND 1 147,000 0 0
ROLLINS INC COM 775711104   2,191,487 59,975 SH   SOLE   59,975 0 0
ROLLINS INC COM 775711104   45,229,213 1,237,800 SH   DFND 1 1,237,800 0 0
S&P GLOBAL INC COM 78409V104   334,940 1,000 SH   SOLE   1,000 0 0
S&P GLOBAL INC COM 78409V104   50,137,169 149,690 SH   DFND 1 149,690 0 0
SCHWAB CHARLES CORP COM 808513105   10,574,020 127,000 SH   SOLE   127,000 0 0
SCHWAB CHARLES CORP COM 808513105   83,951,059 1,008,300 SH   DFND 1 1,008,300 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   291,540 6,000 SH   SOLE   6,000 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   5,987,989 123,235 SH   DFND 1 123,235 0 0
SEI INVTS CO COM 784117103   3,439,700 59,000 SH   SOLE   59,000 0 0
SEI INVTS CO COM 784117103   30,910,660 530,200 SH   DFND 1 530,200 0 0
SHERWIN WILLIAMS CO COM 824348106   22,349,840 94,172 SH   DFND 1 94,172 0 0
SHOPIFY INC CL A 82509L107   3,566,453 102,750 SH   DFND 1 102,750 0 0
SONY GROUP CORPORATION SPONSORED ADR 835699307   568,820 7,457 SH   SOLE   7,457 0 0
SONY GROUP CORPORATION SPONSORED ADR 835699307   7,032,406 92,192 SH   DFND 1 92,192 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102   2,044,805 25,900 SH   DFND 1 25,900 0 0
STARBUCKS CORP COM 855244109   4,017,600 40,500 SH   SOLE   40,500 0 0
STARBUCKS CORP COM 855244109   48,788,347 491,818 SH   DFND 1 491,818 0 0
STERICYCLE INC COM 858912108   1,247,250 25,000 SH   SOLE   25,000 0 0
STERICYCLE INC COM 858912108   32,232,482 646,071 SH   DFND 1 646,071 0 0
TARGET CORP COM 87612E106   745,200 5,000 SH   SOLE   5,000 0 0
TARGET CORP COM 87612E106   372,600 2,500 SH   DFND 1 2,500 0 0
TEXAS INSTRS INC COM 882508104   165 1 SH   SOLE   1 0 0
TEXAS INSTRS INC COM 882508104   119,619,114 723,999 SH   DFND 1 723,999 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   4,515,659 8,200 SH   DFND 1 8,200 0 0
TRANSUNION COM 89400J107   170,250 3,000 SH   SOLE   3,000 0 0
TRANSUNION COM 89400J107   5,564,338 98,050 SH   DFND 1 98,050 0 0
TYSON FOODS INC CL A 902494103   466,875 7,500 SH   SOLE   7,500 0 0
TYSON FOODS INC CL A 902494103   23,623,875 379,500 SH   DFND 1 379,500 0 0
UNION PAC CORP COM 907818108   2,298,477 11,100 SH   SOLE   11,100 0 0
UNION PAC CORP COM 907818108   15,463,574 74,678 SH   DFND 1 74,678 0 0
VERISK ANALYTICS INC COM 92345Y106   352,840 2,000 SH   SOLE   2,000 0 0
VERISK ANALYTICS INC COM 92345Y106   16,583,480 94,000 SH   DFND 1 94,000 0 0
VISA INC COM CL A 92826C839   15,820,924 76,150 SH   SOLE   76,150 0 0
VISA INC COM CL A 92826C839   184,306,182 887,111 SH   DFND 1 887,111 0 0
VONTIER CORPORATION COM 928881101   1,913,109 98,971 SH   DFND 1 98,971 0 0
WATSCO INC COM 942622200   9,252,740 37,100 SH   SOLE   37,100 0 0
WATSCO INC COM 942622200   115,509,610 463,150 SH   DFND 1 463,150 0 0
WELLS FARGO CO NEW COM 949746101   1,321,280 32,000 SH   SOLE   32,000 0 0
WELLS FARGO CO NEW COM 949746101   7,120,461 172,450 SH   DFND 1 172,450 0 0
WHIRLPOOL CORP COM 963320106   739,836 5,230 SH   SOLE   5,230 0 0
WHIRLPOOL CORP COM 963320106   39,158,816 276,819 SH   DFND 1 276,819 0 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103   1,862,477 7,615 SH   DFND 1 7,615 0 0