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

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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
ALPHABET INC CAP STK CL C 02079K107   310,507 2,355 SH   SOLE   2,355 0 0
ALPHABET INC CAP STK CL A 02079K305   3,339,809 25,522 SH   SOLE   25,522 0 0
AMAZON COM INC COM 023135106   3,582,114 28,179 SH   SOLE   28,179 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   538,282 31,241 SH   SOLE   31,241 0 0
BV FINL INC COM NEW 05603E208   241,920 24,000 SH   SOLE   24,000 0 0
CINEMARK HLDGS INC COM 17243V102   1,320,796 71,978 SH   SOLE   71,978 0 0
COPART INC COM 217204106   5,825,983 135,205 SH   SOLE   135,205 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   4,616,435 3,345 SH   SOLE   3,345 0 0
FLOOR & DECOR HLDGS INC CL A 339750101   5,943,497 65,674 SH   SOLE   65,674 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   2,823,472 8,726 SH   SOLE   8,726 0 0
JPMORGAN CHASE & CO COM 46625H100   4,697,053 32,389 SH   SOLE   32,389 0 0
MICROSOFT CORP COM 594918104   4,739,723 15,011 SH   SOLE   15,011 0 0
NATURAL RESOURCE PARTNERS L COM UNIT LTD PAR 63900P608   10,081,794 127,828 SH   SOLE   127,828 0 0
NVR INC COM 62944T105   2,695,412 452 SH   SOLE   452 0 0
PNC FINL SVCS GROUP INC COM 693475105   368,310 3,000 SH   SOLE   3,000 0 0
PULTE GROUP INC COM 745867101   817,290 11,037 SH   SOLE   11,037 0 0
VISA INC COM CL A 92826C839   4,872,302 21,183 SH   SOLE   21,183 0 0