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   45,750,552 275,855 SH   SOLE   275,855 0 0
ALPHABET INC CAP STK CL C 02079K107   417,975 2,500 SH   SOLE   2,500 0 0
AMAZON COM INC COM 023135106   107,122,235 574,906 SH   SOLE   574,906 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   158,668,191 344,736 SH   SOLE   344,736 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   18,564,446 392,566 SH   SOLE   392,566 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   108,699,085 2,045,138 SH   SOLE   2,045,138 0 0
ECOLAB INC COM 278865100   85,010,081 332,942 SH   SOLE   332,942 0 0
ELEVANCE HEALTH INC COM 036752103   66,497,080 127,879 SH   SOLE   127,879 0 0
EXPEDITORS INTL WASH INC COM 302130109   1,701,630 12,950 SH   SOLE   12,950 0 0
FASTENAL CO COM 311900104   73,918,486 1,034,983 SH   SOLE   1,034,983 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   214,096 1,195 SH   SOLE   1,195 0 0
JPMORGAN CHASE & CO. COM 46625H100   50,923,744 241,505 SH   SOLE   241,505 0 0
MARTIN MARIETTA MATLS INC COM 573284106   54,421,919 101,109 SH   SOLE   101,109 0 0
NETFLIX INC COM 64110L106   151,560,360 213,685 SH   SOLE   213,685 0 0
NIKE INC CL B 654106103   77,569,055 877,478 SH   SOLE   877,478 0 0
PAYCHEX INC COM 704326107   123,777,393 922,404 SH   SOLE   922,404 0 0
PROGRESSIVE CORP COM 743315103   264,810,740 1,043,548 SH   SOLE   1,043,548 0 0
REGENERON PHARMACEUTICALS COM 75886F107   143,444,852 136,453 SH   SOLE   136,453 0 0
UNION PAC CORP COM 907818108   45,170,911 183,264 SH   SOLE   183,264 0 0
US BANCORP DEL COM NEW 902973304   441,249 9,649 SH   SOLE   9,649 0 0
WELLS FARGO CO NEW COM 949746101   50,858,568 900,311 SH   SOLE   900,311 0 0