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
ALPHABET INC CAP STK CL A 02079K305   40,512,195 290,015 SH   SOLE   290,015 0 0
ALPHABET INC CAP STK CL C 02079K107   391,081 2,775 SH   SOLE   2,775 0 0
AMAZON COM INC COM 023135106   91,028,773 599,110 SH   SOLE   599,110 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   131,057,570 367,458 SH   SOLE   367,458 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   16,517,382 411,187 SH   SOLE   411,187 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   86,330,898 2,151,817 SH   SOLE   2,151,817 0 0
COMCAST CORP NEW CL A 20030N101   49,286,041 1,123,969 SH   SOLE   1,123,969 0 0
ECOLAB INC COM 278865100   69,602,800 350,909 SH   SOLE   350,909 0 0
ELEVANCE HEALTH INC COM 036752103   64,364,639 136,493 SH   SOLE   136,493 0 0
EXPEDITORS INTL WASH INC COM 302130109   2,292,780 18,025 SH   SOLE   18,025 0 0
FASTENAL CO COM 311900104   72,392,004 1,117,678 SH   SOLE   1,117,678 0 0
JPMORGAN CHASE & CO COM 46625H100   42,591,679 250,392 SH   SOLE   250,392 0 0
MARTIN MARIETTA MATLS INC COM 573284106   53,307,037 106,847 SH   SOLE   106,847 0 0
MIRATI THERAPEUTICS INC COM 60468T105   249,688 4,250 SH   SOLE   4,250 0 0
NETFLIX INC COM 64110L106   109,736,909 225,388 SH   SOLE   225,388 0 0
NIKE INC CL B 654106103   46,024,669 423,917 SH   SOLE   423,917 0 0
PAYCHEX INC COM 704326107   115,206,646 967,229 SH   SOLE   967,229 0 0
PROGRESSIVE CORP COM 743315103   221,189,906 1,388,686 SH   SOLE   1,388,686 0 0
REGENERON PHARMACEUTICALS COM 75886F107   126,060,085 143,529 SH   SOLE   143,529 0 0
UNION PAC CORP COM 907818108   46,191,788 188,062 SH   SOLE   188,062 0 0
US BANCORP DEL COM NEW 902973304   417,609 9,649 SH   SOLE   9,649 0 0
WELLS FARGO CO NEW COM 949746101   49,147,647 998,530 SH   SOLE   998,530 0 0