The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 | 1,930 | 8,200 | SH | SOLE | 8,200 | 0 | 0 | ||
| Advantage Oil & Gas Ltd. | COM | 00765F101 | 93,795 | 21,789,890 | SH | SOLE | 21,366,143 | 0 | 423,747 | ||
| Allison Transmission Holdings Inc. | COM | 01973R101 | 221,790 | 5,149,530 | SH | SOLE | 4,987,829 | 0 | 161,701 | ||
| Altria Group Inc. | COM | 02209S103 | 2,146 | 30,048 | SH | SOLE | 30,048 | 0 | 0 | ||
| American Homes 4 Rent Real Estate Investment Trust | COM | 02665T306 | 92,081 | 4,216,171 | SH | SOLE | 3,189,029 | 0 | 1,027,142 | ||
| AmerisourceBergen Corp | COM | 03073E105 | 249,257 | 2,714,628 | SH | SOLE | 2,629,053 | 0 | 85,575 | ||
| Apple Inc | COM | 037833100 | 180,517 | 1,066,694 | SH | SOLE | 1,042,233 | 0 | 24,461 | ||
| Argo Group International Holdings Ltd. | COM | G0464B107 | 8,066 | 130,829 | SH | SOLE | 126,543 | 0 | 4,286 | ||
| Armstrong Flooring Inc. | COM | 04238R106 | 14,411 | 851,692 | SH | SOLE | 608,743 | 0 | 242,949 | ||
| Arthur J. Gallagher & Co. | COM | 363576109 | 94,600 | 1,494,936 | SH | SOLE | 1,102,047 | 0 | 392,889 | ||
| Artisan Partners Asset Management Inc. | CL A | 04316A108 | 59,867 | 1,515,632 | SH | SOLE | 1,096,516 | 0 | 419,116 | ||
| Asbury Automotive Group Inc. | COM | 043436104 | 53,907 | 842,303 | SH | SOLE | 604,408 | 0 | 237,895 | ||
| AutoZone, Inc. | COM | 053332102 | 427,157 | 600,471 | SH | SOLE | 585,412 | 0 | 15,059 | ||
| Axalta Coating Systems Ltd. | COM | G0750C108 | 10,547 | 325,932 | SH | SOLE | 315,323 | 0 | 10,609 | ||
| Bank of Montreal | COM | 063671101 | 2,806 | 35,000 | SH | SOLE | 35,000 | 0 | 0 | ||
| Bank of Nova Scotia | COM | 064149107 | 186,542 | 2,884,826 | SH | SOLE | 2,862,286 | 0 | 22,540 | ||
| BB&T Corp. | COM | 054937107 | 417,977 | 8,406,619 | SH | SOLE | 8,200,800 | 0 | 205,819 | ||
| Becton, Dickinson & Co. | COM | 075887109 | 170,949 | 798,605 | SH | SOLE | 773,987 | 0 | 24,618 | ||
| Berkshire Hathaway Inc. | CL A | 084670108 | 102,672 | 345 | SH | SOLE | 344 | 0 | 1 | ||
| Berkshire Hathaway Inc. | CL B | 084670702 | 12,144 | 61,266 | SH | SOLE | 49,547 | 0 | 11,719 | ||
| Booz Allen Hamilton Holding Corp. | COM | 099502106 | 55,671 | 1,460,036 | SH | SOLE | 1,080,021 | 0 | 380,015 | ||
| Brookfield Asset Management Inc. | CL A | 112585104 | 238,732 | 5,473,130 | SH | SOLE | 5,430,345 | 0 | 42,785 | ||
| Brown & Brown Inc. | COM | 115236101 | 76,406 | 1,484,764 | SH | SOLE | 1,089,709 | 0 | 395,055 | ||
| CBIZ Inc. | COM | 124805102 | 75,659 | 4,897,020 | SH | SOLE | 3,681,366 | 0 | 1,215,654 | ||
| Canadian Natural Resources Ltd. | COM | 136385101 | 544 | 15,200 | SH | SOLE | 15,200 | 0 | 0 | ||
| Canadian National Railway Co. | COM | 136375102 | 211,463 | 2,559,388 | SH | SOLE | 2,538,961 | 0 | 20,427 | ||
| Celestica Inc | SUB VTG SHS | 15101Q108 | 10,769 | 1,025,019 | SH | SOLE | 934,479 | 0 | 90,540 | ||
| Cenovus Energy Inc. | COM | 15135U109 | 252,808 | 27,626,124 | SH | SOLE | 26,968,849 | 0 | 657,275 | ||
| Cisco Systems Inc. | COM | 17275R102 | 271,801 | 7,096,643 | SH | SOLE | 6,928,051 | 0 | 168,592 | ||
| Coca-Cola Femsa S.A.B. de C.V. | ADR | 191241108 | 39,326 | 564,864 | SH | SOLE | 564,864 | 0 | 0 | ||
| Colliers International Group Inc | SUB VTG SHS | 194693107 | 109,338 | 1,807,894 | SH | SOLE | 1,793,959 | 0 | 13,935 | ||
| Computer Programs and Systems Inc. | COM | 205306103 | 20,918 | 696,111 | SH | SOLE | 496,777 | 0 | 199,334 | ||
| Copart Inc. | COM | 217204106 | 17,376 | 402,322 | SH | SOLE | 389,460 | 0 | 12,862 | ||
| Deckers Outdoor Corp. | COM | 243537107 | 42,862 | 534,112 | SH | SOLE | 392,411 | 0 | 141,701 | ||
| Diageo PLC | ADR | 25243Q205 | 692 | 4,736 | SH | SOLE | 4,736 | 0 | 0 | ||
| DineEquity, Inc. | COM | 254423106 | 40,071 | 789,883 | SH | SOLE | 609,885 | 0 | 179,998 | ||
| Eaton Vance Variable Rate Income Trust | COM | 278279104 | 11,146 | 777,790 | SH | SOLE | 777,790 | 0 | 0 | ||
| Enbridge Inc. | COM | 29250N105 | 277,144 | 7,072,370 | SH | SOLE | 7,016,305 | 0 | 56,065 | ||
| Expedia Inc. | COM | 30212P303 | 35,896 | 299,710 | SH | SOLE | 215,066 | 0 | 84,644 | ||
| Expeditors International of Washington, Inc. | COM | 302130109 | 4,136 | 63,933 | SH | SOLE | 61,888 | 0 | 2,045 | ||
| Extended Stay America Inc. | UNIT | 30224P200 | 63,984 | 3,367,597 | SH | SOLE | 2,518,890 | 0 | 848,707 | ||
| Federated Investors Inc. | CL B | 314211103 | 52,623 | 1,458,504 | SH | SOLE | 1,056,090 | 0 | 402,414 | ||
| Franklin Resources, Inc. | COM | 354613101 | 1,190 | 27,466 | SH | SOLE | 27,466 | 0 | 0 | ||
| Gartner Inc | COM | 366651107 | 48,962 | 397,583 | SH | SOLE | 297,365 | 0 | 100,218 | ||
| Generac Holdings Inc. | COM | 368736104 | 86,624 | 1,749,267 | SH | SOLE | 1,282,009 | 0 | 467,258 | ||
| Gentex Corp. | COM | 371901109 | 232,606 | 11,102,916 | SH | SOLE | 9,367,174 | 0 | 1,735,742 | ||
| Graco Inc. | COM | 384109104 | 34,112 | 754,366 | SH | SOLE | 562,228 | 0 | 192,138 | ||
| Harris Corp. | COM | 413875105 | 183,557 | 1,295,851 | SH | SOLE | 1,255,451 | 0 | 40,400 | ||
| Hilltop Holdings Inc. | COM | 432748101 | 12,227 | 482,718 | SH | SOLE | 346,475 | 0 | 136,243 | ||
| Houghton Mifflin Harcourt Co. | COM | 44157R109 | 43,873 | 4,717,565 | SH | SOLE | 3,531,361 | 0 | 1,186,204 | ||
| Houlihan Lokey, Inc. | COM | 441593100 | 54,900 | 1,208,454 | SH | SOLE | 864,416 | 0 | 344,038 | ||
| Imperial Oil Ltd. | COM | 453038408 | 14,577 | 466,147 | SH | SOLE | 465,047 | 0 | 1,100 | ||
| Invitation Homes Inc | COM | 46187W107 | 30,179 | 1,280,389 | SH | SOLE | 974,156 | 0 | 306,233 | ||
| Jacobs Engineering Group Inc. | COM | 469814107 | 21,488 | 325,768 | SH | SOLE | 73,556 | 0 | 252,212 | ||
| Johnson & Johnson | COM | 478160104 | 440,357 | 3,151,712 | SH | SOLE | 3,074,616 | 0 | 77,096 | ||
| JP Morgan Chase & Co. | COM | 46625H100 | 2,924 | 27,346 | SH | SOLE | 27,346 | 0 | 0 | ||
| Kimberly Clark Corp. | COM | 494368103 | 58,395 | 483,963 | SH | SOLE | 468,541 | 0 | 15,422 | ||
| The Kraft Heinz Co. | COM | 500754106 | 1,166 | 15,000 | SH | SOLE | 15,000 | 0 | 0 | ||
| Laboratory Corporation of America Holdings | COM | 50540R409 | 11,299 | 70,838 | SH | SOLE | 68,570 | 0 | 2,268 | ||
| Leucadia National Corp. | COM | 527288104 | 78,910 | 2,978,872 | SH | SOLE | 2,243,519 | 0 | 735,353 | ||
| Main Street Capital Corp. | COM | 56035L104 | 75,817 | 1,908,296 | SH | SOLE | 1,396,062 | 0 | 512,234 | ||
| MarketAxess Holdings Inc. | COM | 57060D108 | 94,545 | 468,623 | SH | SOLE | 348,464 | 0 | 120,159 | ||
| McDonald's Corp. | COM | 580135101 | 244,988 | 1,423,355 | SH | SOLE | 1,381,898 | 0 | 41,457 | ||
| Merck & Co., Inc. | COM | 58933Y105 | 265 | 4,706 | SH | SOLE | 4,706 | 0 | 0 | ||
| Microsoft Corp. | COM | 594918104 | 361,119 | 4,221,643 | SH | SOLE | 4,091,240 | 0 | 130,403 | ||
| Morgan Stanley | COM | 617446448 | 1,891 | 36,047 | SH | SOLE | 36,047 | 0 | 0 | ||
| Northern Trust Corp. | COM | 665859104 | 239,042 | 2,393,055 | SH | SOLE | 2,318,659 | 0 | 74,396 | ||
| Oaktree Capital Group LLC | COM | 674001201 | 16,862 | 400,520 | SH | SOLE | 218,081 | 0 | 182,439 | ||
| Oppenheimer Holdings Inc. | CL A | 683797104 | 12,409 | 463,040 | SH | SOLE | 463,040 | 0 | 0 | ||
| Oracle Corp. | COM | 68389X105 | 296,945 | 6,280,557 | SH | SOLE | 6,140,016 | 0 | 140,541 | ||
| Pennantpark Investment Corp. | COM | 708062104 | 16,158 | 2,338,409 | SH | SOLE | 1,613,004 | 0 | 725,405 | ||
| Penske Auto Group Inc. | COM | 70959W103 | 102,924 | 2,150,970 | SH | SOLE | 1,622,121 | 0 | 528,849 | ||
| PepsiCo Inc. | COM | 713448108 | 271,794 | 2,266,459 | SH | SOLE | 2,211,595 | 0 | 54,864 | ||
| Philip Morris International Inc. | COM | 718172109 | 287,956 | 2,725,570 | SH | SOLE | 2,648,839 | 0 | 76,731 | ||
| Potash Corporation of Saskatchewan Inc. | COM | 73755L107 | 208,512 | 10,146,572 | SH | SOLE | 10,071,104 | 0 | 75,468 | ||
| PPG Industries Inc. | COM | 693506107 | 35,849 | 306,874 | SH | SOLE | 298,902 | 0 | 7,972 | ||
| Premier Inc. | CL A | 74051N102 | 11,342 | 388,565 | SH | SOLE | 376,095 | 0 | 12,470 | ||
| Primerica Inc. | COM | 74164M108 | 158,262 | 1,558,467 | SH | SOLE | 1,163,623 | 0 | 394,844 | ||
| RE/MAX Holdings Inc. | COM | 75524W108 | 73,642 | 1,518,391 | SH | SOLE | 1,132,967 | 0 | 385,424 | ||
| Ritchie Bros. Auctioneers Inc. | COM | 767744105 | 185,271 | 6,190,152 | SH | SOLE | 6,141,681 | 0 | 48,471 | ||
| Royal Bank of Canada | COM | 780087102 | 190,711 | 2,330,705 | SH | SOLE | 2,310,893 | 0 | 19,812 | ||
| Sabre Corp. | COM | 78573M104 | 286,513 | 13,976,268 | SH | SOLE | 13,573,236 | 0 | 403,032 | ||
| Sally Beauty Holdings Inc. | COM | 79546E104 | 83,361 | 4,443,536 | SH | SOLE | 3,340,775 | 0 | 1,102,761 | ||
| Scripps Networks Interactive, Inc. | CL A | 811065101 | 13,635 | 159,694 | SH | SOLE | 56,545 | 0 | 103,149 | ||
| Shopify Inc. | CL A | 82509L107 | 1,515 | 15,000 | SH | SOLE | 15,000 | 0 | 0 | ||
| SS&C Technologies Holdings Inc. | COM | 78467J100 | 108,250 | 2,674,156 | SH | SOLE | 2,014,392 | 0 | 659,764 | ||
| Strayer Education Inc. | COM | 863236105 | 43,280 | 483,142 | SH | SOLE | 359,725 | 0 | 123,417 | ||
| Suncor Energy Inc. | COM | 867224107 | 73,106 | 1,987,238 | SH | SOLE | 1,970,726 | 0 | 16,512 | ||
| TCP Capital Corp. | COM | 87238Q103 | 49,312 | 3,227,242 | SH | SOLE | 2,317,344 | 0 | 909,898 | ||
| TE Connectivity Ltd. | REG SHS | H84989104 | 1,498 | 15,757 | SH | SOLE | 15,312 | 0 | 445 | ||
| Tempur Sealy Intly Inc. | COM | 88023U101 | 58,415 | 931,806 | SH | SOLE | 693,857 | 0 | 237,949 | ||
| Texas Instruments Incorporated | COM | 882508104 | 140,756 | 1,347,724 | SH | SOLE | 1,306,001 | 0 | 41,723 | ||
| Toronto-Dominion Bank | COM | 891160509 | 187,532 | 3,194,285 | SH | SOLE | 3,167,099 | 0 | 27,186 | ||
| Union Pacific Corp. | COM | 907818108 | 500,074 | 3,729,112 | SH | SOLE | 3,629,506 | 0 | 99,606 | ||
| United Technologies Corp. | COM | 913017109 | 442,463 | 3,468,395 | SH | SOLE | 3,379,573 | 0 | 88,822 | ||
| Waddell & Reed Financial, Inc. | CL A | 930059100 | 23,695 | 1,060,668 | SH | SOLE | 757,641 | 0 | 303,027 | ||
| Walgreens Boots Alliance, Inc. | COM | 931427108 | 399,351 | 5,499,193 | SH | SOLE | 5,357,325 | 0 | 141,868 | ||
| White Mountains Insurance Group Ltd. | COM | G9618E107 | 27,503 | 32,308 | SH | SOLE | 25,205 | 0 | 7,103 | ||