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
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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M CompanyCOM88579Y1015,35730,000SH SOLE 30,00000
3M CompanyCOM88579Y10131,071174,000SH DFND1174,00000
AccentureCOMG1151C1011,17110,000SH SOLE 10,00000
AccentureCOMG1151C10116,211138,400SH DFND1138,40000
Alleghany CorporationCOM0171751002,6324,328SH SOLE 4,32800
Allergan, Inc.COMG0177J1082,94014,000SH DFND114,00000
Alphabet IncCOM02079K10747,10561,031SH DFND161,03100
Alphabet Inc Class ACOM02079K3059,90612,500SH DFND112,50000
Amazon.comCOM02313510634,49446,000SH DFND146,00000
American ExpressCOM02581610974110,000SH SOLE 10,00000
American ExpressCOM02581610927,854376,000SH DFND1376,00000
American TowerCOM03027X1001,48014,000SH DFND114,00000
Analog Devices IncCOM03265410528,467392,000SH DFND1392,00000
Anthem IncCOM03675210332,204224,000SH DFND1224,00000
Aon CorporationCOMG0408V1024,12737,000SH DFND137,00000
Apollo Global Management - ACOM0376123067,492387,000SH DFND1387,00000
Apple IncCOM0378331008,46673,100SH DFND173,10000
Archer DanielsCOM03948310266,8001,463,300SH DFND11,463,30000
Automatic Data ProcessingCOM05301510354,545530,700SH DFND1530,70000
Baxter International IncCOM07181310997522,000SH DFND122,00000
Becton DickinsonCOM0758871091,4909,000SH DFND19,00000
Berkshire Hathaway Class BCOM08467070279,062485,100SH SOLE 485,10000
Berkshire Hathaway Class BCOM084670702167,3001,026,507SH DFND11,026,50700
Berkshire Hathaway, Inc.COM08467010867,133275SH SOLE 27500
Berkshire Hathaway, Inc.COM084670108197,494809SH DFND180900
Blackrock IncCOM09247X10161,457161,500SH DFND1161,50000
Blackstone GroupCOM09253U10815,137560,000SH DFND1560,00000
Boeing CoCOM0970231058,15852,400SH DFND152,40000
Bristol Myers SquibbCOM11012210858410,000SH DFND110,00000
Brookfield Asset ManagementCOM11258510421,291645,000SH SOLE 645,00000
Brookfield Asset ManagementCOM112585104148,6714,503,821SH DFND14,503,82100
Brookfield Business PartnersCOMG1623410931012,900SH SOLE 12,90000
Brookfield Business PartnersCOMG162341092,13488,694SH DFND188,69400
Brown Forman Class ACOM11563710038,989843,000SH DFND1843,00000
Brown-Forman Class BCOM1156372099,467210,750SH DFND1210,75000
Bunge LimitedCOMG169621055,18771,800SH DFND171,80000
CDK Global IncCOM12508E10110,559176,897SH DFND1176,89700
CME Group IncCOM12572Q10515,572135,000SH DFND1135,00000
CSX CorporationCOM1264081035,030140,000SH DFND1140,00000
CVS CorporationCOM12665010019,570248,000SH DFND1248,00000
Cable OneCOM12685J1053,2335,200SH DFND15,20000
CarmaxCOM14313010215,132235,000SH SOLE 235,00000
CarmaxCOM143130102301,2214,678,070SH DFND14,678,07000
Caterpillar IncCOM14912310125,782278,000SH DFND1278,00000
Charles SchwabCOM80851310541,7201,057,000SH DFND11,057,00000
CiscoCOM17275R1029,338309,000SH DFND1309,00000
Colfax CorporationCOM19401410638,9871,085,070SH SOLE 1,085,07000
Colfax CorporationCOM1940141061,79650,000SH DFND150,00000
Comcast Corp- Class ACOM20030N1016,28491,000SH DFND191,00000
Core Labs NVCOMN2271710713,204110,000SH DFND1110,00000
CostcoCOM22160K1058015,000SH SOLE 5,00000
CostcoCOM22160K1055,44434,000SH DFND134,00000
Diageo PLCCOM25243Q20534,144328,500SH SOLE 328,50000
Diageo PLCCOM25243Q205103,348994,300SH DFND1994,30000
Discovery CommunicationsCOM25470F30223,888892,000SH DFND1892,00000
DisneyCOM254687106171,5671,646,200SH DFND11,646,20000
Dollar Tree IncCOM2567461081,69822,000SH DFND122,00000
EcolabCOM27886510022,483191,800SH DFND1191,80000
Exxon CorporationCOM30231G10218,034199,800SH SOLE 199,80000
Exxon CorporationCOM30231G10267,244745,000SH DFND1745,00000
FacebookCOM30303M1027,30663,500SH DFND163,50000
Factset ResearchCOM30307510526,803164,000SH DFND1164,00000
FlowserveCOM34354P10596120,000SH DFND120,00000
General DynamicsCOM36955010866,819387,000SH DFND1387,00000
Gilead Sciences IncCOM3755581031,00314,000SH DFND114,00000
Goldman SachsCOM38141G1044,09517,100SH DFND117,10000
Graham Holdings CoCOM3846371042,6625,200SH DFND15,20000
Hasbro, IncCOM41805610728,316364,000SH DFND1364,00000
Heico CorpCOM4228061092313,000SH DFND13,00000
Heico Corp Class ACOM4228062083,36149,500SH DFND149,50000
Hershey FoodsCOM4278661082,49324,100SH DFND124,10000
Hexcel CorpCOM42829110861712,000SH DFND112,00000
Home DepotCOM4370761022,68220,000SH SOLE 20,00000
Home DepotCOM437076102120,672900,000SH DFND1900,00000
Illinois Tool WorksCOM45230810928,166230,000SH DFND1230,00000
Investors Title CompanyCOM46180410633,740213,300SH DFND1213,30000
JP MorganCOM46625H10015,791183,000SH DFND1183,00000
John DeereCOM244199105112,8701,095,400SH DFND11,095,40000
Johnson and JohnsonCOM4781601046,33755,000SH SOLE 55,00000
Johnson and JohnsonCOM47816010464,034555,800SH DFND1555,80000
KKR & Co LLCCOM48248M1029,573622,000SH DFND1622,00000
Liberty Braves Group ACOM53122970687342,600SH DFND142,60000
Liberty Braves Group CCOM5312298882,05599,788SH DFND199,78800
Liberty Broadband ACOM53030710710,452144,250SH DFND1144,25000
Liberty Broadband Class CCOM53030730512,748172,113SH DFND1172,11300
Liberty Global PLCCOMG5480U1043,610118,000SH DFND1118,00000
Liberty Global PLC LilacCOMG5480U13832314,720SH DFND114,72000
Liberty Media Group ACOM5312298703,809121,500SH DFND1121,50000
Liberty Media Group CCOM5312298546,470206,500SH DFND1206,50000
Liberty Sirius Group ACOM53122940914,706426,000SH DFND1426,00000
Liberty Sirius Group CCOM53122960717,706522,000SH DFND1522,00000
Linear Technology CorpCOM53567810612,844206,000SH DFND1206,00000
Live NationCOM5380341096,961261,700SH DFND1261,70000
LowesCOM5486611076,75695,000SH SOLE 95,00000
LowesCOM54866110731,648445,000SH DFND1445,00000
MSCICOM55354G10010,793137,000SH DFND1137,00000
Marriott InternationalCOM571903202123,7121,496,269SH DFND11,496,26900
Marsh & McLennanCOM57174810241,196609,500SH DFND1609,50000
Mastercard, IncCOM57636Q10415,601151,100SH DFND1151,10000
Maxim Integrated ProductsCOM57772K1016,210161,000SH DFND1161,00000
McKesson CorpCOM58155Q1031,2789,100SH DFND19,10000
Mead Johnson NutritionCOM5828391062,28632,300SH DFND132,30000
MerckCOM58933Y1053305,600SH DFND15,60000
Microsoft CorpCOM59491810412,863207,000SH DFND1207,00000
Monsanto CoCOM61166W10141,737396,700SH DFND1396,70000
Moody's CorpCOM61536910527,338290,000SH DFND1290,00000
NXP Semiconductors NVCOMN6596X1093,23433,000SH DFND133,00000
NikeCOM65410610316,469324,000SH DFND1324,00000
Norfolk SouthernCOM65584410824,802229,500SH DFND1229,50000
Novartis AG-Sponsored ADRCOM66987V1092703,700SH DFND13,70000
Novo-Nordisk A/SCOM67010020538,5491,075,000SH DFND11,075,00000
Oaktree Capital Group LLCCOM67400120126,081695,500SH DFND1695,50000
Oracle CorpCOM68389X10524,531638,000SH DFND1638,00000
PaccarCOM6937181087,559118,300SH DFND1118,30000
Parker-Hannifin CorpCOM70109410411,56482,600SH DFND182,60000
Patterson Companies Inc.COM7033951036,893168,000SH DFND1168,00000
PaychexCOM7043261079,132150,000SH DFND1150,00000
Penske Automotive GroupCOM70959W1031,81435,000SH DFND135,00000
PepsicoCOM71344810815,234145,600SH DFND1145,60000
Philip Morris InternationalCOM71817210910,476114,500SH DFND1114,50000
Praxair Inc.COM74005P1045,67248,400SH DFND148,40000
Priceline Group IncCOM741503403293200SH DFND120000
RLI CorporationCOM74960710775,5841,197,272SH DFND11,197,27200
Ritchie BrosCOM7677441053,876114,000SH DFND1114,00000
Rockwell Automation IncCOM77390310912,33891,800SH DFND191,80000
Rollins, Inc.COM77571110412,016355,700SH DFND1355,70000
S&P GlobalCOM78409V10415,808147,000SH DFND1147,00000
SEI Investments CoCOM78411710314,324290,200SH DFND1290,20000
SchlumbergerCOM80685710855,617662,500SH DFND1662,50000
Sensata Technologies HoldingCOMN7902X1061,79246,000SH DFND146,00000
Starbucks CorpCOM85524410966612,000SH DFND112,00000
Stericycle IncCOM8589121085,77875,000SH DFND175,00000
Synalloy CorporationCOM8715651074,542414,804SH SOLE 414,80400
T.Rowe PriceCOM74144T10882811,000SH SOLE 11,00000
T.Rowe PriceCOM74144T10822,804303,000SH DFND1303,00000
Texas Instruments IncCOM88250810430,283415,000SH DFND1415,00000
The Carlyle GroupCOM14309L1027,274477,000SH DFND1477,00000
The Travelers Companies IncCOM89417E10938,562315,000SH DFND1315,00000
Tyson FoodsCOM90249410367811,000SH DFND111,00000
Unilever PLC ADRCOM90476770462,1731,527,600SH DFND11,527,60000
Union PacificCOM9078181088,77184,600SH DFND184,60000
United Health Group IncCOM91324P102106,107663,000SH DFND1663,00000
United TechnologiesCOM91301710913,702125,000SH DFND1125,00000
VF CorpCOM9182041081,00318,800SH DFND118,80000
Verisk Analytics IncCOM92345Y1065,39866,500SH DFND166,50000
VisaCOM92826C83968,837882,300SH DFND1882,30000
W.P. CareyCOM92936U1092,65945,000SH SOLE 45,00000
W.P. CareyCOM92936U10953,488905,200SH DFND1905,20000
Walgreens Boots Alliance IncCOM931427108176,6932,135,000SH DFND12,135,00000
Watsco IncCOM94262220027,995189,000SH DFND1189,00000