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
1/100 BERKSHIRE HTWY CLA 100 S com 084990175   6,518,000 1,400 SH   SOLE   500 0 900
ACTIVISION BLIZZARD INC com 00507V109   23,626,000 276,041 SH   SOLE   105,237 0 170,804
ALIBABA GP HLDG LTD com 01609W102   6,781,000 66,363 SH   SOLE   26,908 0 39,455
ALPHABET INC CLASS A com 02079K305   33,641,000 324,309 SH   SOLE   111,439 0 212,870
ALPHABET INC CLASS C com 02079K107   22,798,000 219,212 SH   SOLE   100,842 0 118,370
ALTRIA GROUP INC COM com 02209S103   899,000 20,149 SH   SOLE   1,818 0 18,331
AMAZON.COM INC com 023135106   25,946,000 251,198 SH   SOLE   93,568 0 157,630
APPLE INC com 037833100   4,964,000 30,103 SH   SOLE   3,512 0 26,591
BERKSHIRE HATHAWAY B NEW CLASS com 084670702   2,329,000 7,542 SH   SOLE   1,060 0 6,482
BOOKING HOLDINGS INC com 09857L108   42,603,000 16,062 SH   SOLE   6,312 0 9,750
CATERPILLAR INC com 149123101   330,000 1,440 SH   SOLE   53 0 1,387
CENTENE CORP com 15135B101   13,850,000 219,117 SH   SOLE   86,273 0 132,844
CIGNA GROUP com 125523100   38,105,000 149,120 SH   SOLE   57,296 0 91,824
CISCO SYSTEMS INC com 17275R102   452,000 8,653 SH   SOLE   0 0 8,653
CTT CORREIOS DE PORTUG SHS com X1R05J122   300,000 76,600 SH   SOLE   58,400 0 18,200
CUMMINS INC com 231021106   264,000 1,107 SH   SOLE   107 0 1,000
DANAHER CORP com 235851102   40,050,000 158,903 SH   SOLE   60,777 0 98,127
FIRST CTZNS BANCSHARES CL A com 31946M103   53,382,000 54,858 SH   SOLE   21,797 0 33,061
FISERV INC com 337738108   44,640,000 394,942 SH   SOLE   156,505 0 238,437
FRANCO NEV CORP COM com 351858105   22,451,000 153,985 SH   SOLE   60,719 0 93,266
GLOBAL PAYMENTS INC com 37940X102   502,000 4,766 SH   SOLE   3,690 0 1,076
HOME DEPOT INC com 437076102   216,000 730 SH   SOLE   191 0 539
IDEXX LABS INC com 45168D104   3,153,000 6,305 SH   SOLE   2,529 0 3,776
INTERCONTINENTAL EXCHANGE com 45866f104   12,923,000 123,911 SH   SOLE   48,419 0 75,491
ISHARES MSCI GWTH IDX FD com 464288885   280,000 2,986 SH   SOLE   800 0 2,186
ISHARES TR DJ TOTAL MKT US TOT com 464287846   703,000 7,028 SH   SOLE   3,000 0 4,028
ISHARES TR MSCI EAFE FD MSCI E com 464287465   241,000 3,374 SH   SOLE   1,080 0 2,294
ISHARES TR RUSSELL 1000 RUSSEL com 464287622   738,000 3,275 SH   SOLE   1,350 0 1,925
JD.COM INC com 47215P106   8,281,000 188,683 SH   SOLE   77,837 0 110,846
JOHNSON & JOHNSON com 478160104   274,000 1,766 SH   SOLE   449 0 1,317
KELLOGG CO com 487836108   391,000 5,841 SH   SOLE   531 0 5,310
MERCK & CO INC NEW com 58933y105   714,000 6,715 SH   SOLE   582 0 6,133
MICROSOFT CORP com 594918104   1,814,000 6,292 SH   SOLE   2,058 0 4,234
MONDELEZ INTL INC com 609207105   846,000 12,128 SH   SOLE   1,135 0 10,993
PAYPAL HOLDINGS INC com 70450Y103   37,073,000 488,182 SH   SOLE   190,819 0 297,363
PEMBINA PIPELINE CORP F com 706327103   387,000 11,939 SH   SOLE   11,939 0 0
PEPSICO INCORPORATED com 713448108   312,000 1,712 SH   SOLE   1,211 0 501
PFIZER INC com 717081103   358,000 8,770 SH   SOLE   867 0 7,903
PHILIP MORRIS INTL INC com 718172109   1,995,000 20,512 SH   SOLE   1,949 0 18,563
PROCTER & GAMBLE com 742718109   1,160,000 7,801 SH   SOLE   638 0 7,163
PROGRESSIVE CORP OHIO com 743315103   332,000 2,319 SH   SOLE   435 0 1,884
RICHARDS PACKAGING INCOME com 763102100   479,000 16,300 SH   SOLE   0 0 16,300
S&P 500 INDEX com 464287200   864,000 2,102 SH   SOLE   1,320 0 782
SHERWIN-WILLIAMS com 824348106   877,000 3,900 SH   SOLE   3,900 0 0
SPDR GOLD TRUST SPDR GOLD SHAR com 78463V107   12,896,000 70,384 SH   SOLE   28,368 0 42,016
SPDR S&P MIDCAP 400 ETF com 78467Y107   271,000 591 SH   SOLE   440 0 151
TENCENT HLDGS LTD ADR com 88032Q109   11,893,000 243,256 SH   SOLE   99,054 0 144,202
TEXAS PACIFIC LAND CORP com 88262P102   25,485,000 14,982 SH   SOLE   5,947 0 9,035
UNION PACIFIC CORP com 907818108   346,000 1,721 SH   SOLE   0 0 1,721
VISA INC com 92826C839   67,536,000 299,550 SH   SOLE   113,864 0 185,686
WILLIS TOWERS WATSON com G96629103   50,856,000 218,851 SH   SOLE   85,396 0 133,455