The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it 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 | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
3M Company | COM | 88579Y101 | 5,357 | 30,000 | SH | SOLE | 30,000 | 0 | 0 | ||
3M Company | COM | 88579Y101 | 31,071 | 174,000 | SH | DFND | 1 | 174,000 | 0 | 0 | |
Accenture | COM | G1151C101 | 1,171 | 10,000 | SH | SOLE | 10,000 | 0 | 0 | ||
Accenture | COM | G1151C101 | 16,211 | 138,400 | SH | DFND | 1 | 138,400 | 0 | 0 | |
Alleghany Corporation | COM | 017175100 | 2,632 | 4,328 | SH | SOLE | 4,328 | 0 | 0 | ||
Allergan, Inc. | COM | G0177J108 | 2,940 | 14,000 | SH | DFND | 1 | 14,000 | 0 | 0 | |
Alphabet Inc | COM | 02079K107 | 47,105 | 61,031 | SH | DFND | 1 | 61,031 | 0 | 0 | |
Alphabet Inc Class A | COM | 02079K305 | 9,906 | 12,500 | SH | DFND | 1 | 12,500 | 0 | 0 | |
Amazon.com | COM | 023135106 | 34,494 | 46,000 | SH | DFND | 1 | 46,000 | 0 | 0 | |
American Express | COM | 025816109 | 741 | 10,000 | SH | SOLE | 10,000 | 0 | 0 | ||
American Express | COM | 025816109 | 27,854 | 376,000 | SH | DFND | 1 | 376,000 | 0 | 0 | |
American Tower | COM | 03027X100 | 1,480 | 14,000 | SH | DFND | 1 | 14,000 | 0 | 0 | |
Analog Devices Inc | COM | 032654105 | 28,467 | 392,000 | SH | DFND | 1 | 392,000 | 0 | 0 | |
Anthem Inc | COM | 036752103 | 32,204 | 224,000 | SH | DFND | 1 | 224,000 | 0 | 0 | |
Aon Corporation | COM | G0408V102 | 4,127 | 37,000 | SH | DFND | 1 | 37,000 | 0 | 0 | |
Apollo Global Management - A | COM | 037612306 | 7,492 | 387,000 | SH | DFND | 1 | 387,000 | 0 | 0 | |
Apple Inc | COM | 037833100 | 8,466 | 73,100 | SH | DFND | 1 | 73,100 | 0 | 0 | |
Archer Daniels | COM | 039483102 | 66,800 | 1,463,300 | SH | DFND | 1 | 1,463,300 | 0 | 0 | |
Automatic Data Processing | COM | 053015103 | 54,545 | 530,700 | SH | DFND | 1 | 530,700 | 0 | 0 | |
Baxter International Inc | COM | 071813109 | 975 | 22,000 | SH | DFND | 1 | 22,000 | 0 | 0 | |
Becton Dickinson | COM | 075887109 | 1,490 | 9,000 | SH | DFND | 1 | 9,000 | 0 | 0 | |
Berkshire Hathaway Class B | COM | 084670702 | 79,062 | 485,100 | SH | SOLE | 485,100 | 0 | 0 | ||
Berkshire Hathaway Class B | COM | 084670702 | 167,300 | 1,026,507 | SH | DFND | 1 | 1,026,507 | 0 | 0 | |
Berkshire Hathaway, Inc. | COM | 084670108 | 67,133 | 275 | SH | SOLE | 275 | 0 | 0 | ||
Berkshire Hathaway, Inc. | COM | 084670108 | 197,494 | 809 | SH | DFND | 1 | 809 | 0 | 0 | |
Blackrock Inc | COM | 09247X101 | 61,457 | 161,500 | SH | DFND | 1 | 161,500 | 0 | 0 | |
Blackstone Group | COM | 09253U108 | 15,137 | 560,000 | SH | DFND | 1 | 560,000 | 0 | 0 | |
Boeing Co | COM | 097023105 | 8,158 | 52,400 | SH | DFND | 1 | 52,400 | 0 | 0 | |
Bristol Myers Squibb | COM | 110122108 | 584 | 10,000 | SH | DFND | 1 | 10,000 | 0 | 0 | |
Brookfield Asset Management | COM | 112585104 | 21,291 | 645,000 | SH | SOLE | 645,000 | 0 | 0 | ||
Brookfield Asset Management | COM | 112585104 | 148,671 | 4,503,821 | SH | DFND | 1 | 4,503,821 | 0 | 0 | |
Brookfield Business Partners | COM | G16234109 | 310 | 12,900 | SH | SOLE | 12,900 | 0 | 0 | ||
Brookfield Business Partners | COM | G16234109 | 2,134 | 88,694 | SH | DFND | 1 | 88,694 | 0 | 0 | |
Brown Forman Class A | COM | 115637100 | 38,989 | 843,000 | SH | DFND | 1 | 843,000 | 0 | 0 | |
Brown-Forman Class B | COM | 115637209 | 9,467 | 210,750 | SH | DFND | 1 | 210,750 | 0 | 0 | |
Bunge Limited | COM | G16962105 | 5,187 | 71,800 | SH | DFND | 1 | 71,800 | 0 | 0 | |
CDK Global Inc | COM | 12508E101 | 10,559 | 176,897 | SH | DFND | 1 | 176,897 | 0 | 0 | |
CME Group Inc | COM | 12572Q105 | 15,572 | 135,000 | SH | DFND | 1 | 135,000 | 0 | 0 | |
CSX Corporation | COM | 126408103 | 5,030 | 140,000 | SH | DFND | 1 | 140,000 | 0 | 0 | |
CVS Corporation | COM | 126650100 | 19,570 | 248,000 | SH | DFND | 1 | 248,000 | 0 | 0 | |
Cable One | COM | 12685J105 | 3,233 | 5,200 | SH | DFND | 1 | 5,200 | 0 | 0 | |
Carmax | COM | 143130102 | 15,132 | 235,000 | SH | SOLE | 235,000 | 0 | 0 | ||
Carmax | COM | 143130102 | 301,221 | 4,678,070 | SH | DFND | 1 | 4,678,070 | 0 | 0 | |
Caterpillar Inc | COM | 149123101 | 25,782 | 278,000 | SH | DFND | 1 | 278,000 | 0 | 0 | |
Charles Schwab | COM | 808513105 | 41,720 | 1,057,000 | SH | DFND | 1 | 1,057,000 | 0 | 0 | |
Cisco | COM | 17275R102 | 9,338 | 309,000 | SH | DFND | 1 | 309,000 | 0 | 0 | |
Colfax Corporation | COM | 194014106 | 38,987 | 1,085,070 | SH | SOLE | 1,085,070 | 0 | 0 | ||
Colfax Corporation | COM | 194014106 | 1,796 | 50,000 | SH | DFND | 1 | 50,000 | 0 | 0 | |
Comcast Corp- Class A | COM | 20030N101 | 6,284 | 91,000 | SH | DFND | 1 | 91,000 | 0 | 0 | |
Core Labs NV | COM | N22717107 | 13,204 | 110,000 | SH | DFND | 1 | 110,000 | 0 | 0 | |
Costco | COM | 22160K105 | 801 | 5,000 | SH | SOLE | 5,000 | 0 | 0 | ||
Costco | COM | 22160K105 | 5,444 | 34,000 | SH | DFND | 1 | 34,000 | 0 | 0 | |
Diageo PLC | COM | 25243Q205 | 34,144 | 328,500 | SH | SOLE | 328,500 | 0 | 0 | ||
Diageo PLC | COM | 25243Q205 | 103,348 | 994,300 | SH | DFND | 1 | 994,300 | 0 | 0 | |
Discovery Communications | COM | 25470F302 | 23,888 | 892,000 | SH | DFND | 1 | 892,000 | 0 | 0 | |
Disney | COM | 254687106 | 171,567 | 1,646,200 | SH | DFND | 1 | 1,646,200 | 0 | 0 | |
Dollar Tree Inc | COM | 256746108 | 1,698 | 22,000 | SH | DFND | 1 | 22,000 | 0 | 0 | |
Ecolab | COM | 278865100 | 22,483 | 191,800 | SH | DFND | 1 | 191,800 | 0 | 0 | |
Exxon Corporation | COM | 30231G102 | 18,034 | 199,800 | SH | SOLE | 199,800 | 0 | 0 | ||
Exxon Corporation | COM | 30231G102 | 67,244 | 745,000 | SH | DFND | 1 | 745,000 | 0 | 0 | |
COM | 30303M102 | 7,306 | 63,500 | SH | DFND | 1 | 63,500 | 0 | 0 | ||
Factset Research | COM | 303075105 | 26,803 | 164,000 | SH | DFND | 1 | 164,000 | 0 | 0 | |
Flowserve | COM | 34354P105 | 961 | 20,000 | SH | DFND | 1 | 20,000 | 0 | 0 | |
General Dynamics | COM | 369550108 | 66,819 | 387,000 | SH | DFND | 1 | 387,000 | 0 | 0 | |
Gilead Sciences Inc | COM | 375558103 | 1,003 | 14,000 | SH | DFND | 1 | 14,000 | 0 | 0 | |
Goldman Sachs | COM | 38141G104 | 4,095 | 17,100 | SH | DFND | 1 | 17,100 | 0 | 0 | |
Graham Holdings Co | COM | 384637104 | 2,662 | 5,200 | SH | DFND | 1 | 5,200 | 0 | 0 | |
Hasbro, Inc | COM | 418056107 | 28,316 | 364,000 | SH | DFND | 1 | 364,000 | 0 | 0 | |
Heico Corp | COM | 422806109 | 231 | 3,000 | SH | DFND | 1 | 3,000 | 0 | 0 | |
Heico Corp Class A | COM | 422806208 | 3,361 | 49,500 | SH | DFND | 1 | 49,500 | 0 | 0 | |
Hershey Foods | COM | 427866108 | 2,493 | 24,100 | SH | DFND | 1 | 24,100 | 0 | 0 | |
Hexcel Corp | COM | 428291108 | 617 | 12,000 | SH | DFND | 1 | 12,000 | 0 | 0 | |
Home Depot | COM | 437076102 | 2,682 | 20,000 | SH | SOLE | 20,000 | 0 | 0 | ||
Home Depot | COM | 437076102 | 120,672 | 900,000 | SH | DFND | 1 | 900,000 | 0 | 0 | |
Illinois Tool Works | COM | 452308109 | 28,166 | 230,000 | SH | DFND | 1 | 230,000 | 0 | 0 | |
Investors Title Company | COM | 461804106 | 33,740 | 213,300 | SH | DFND | 1 | 213,300 | 0 | 0 | |
JP Morgan | COM | 46625H100 | 15,791 | 183,000 | SH | DFND | 1 | 183,000 | 0 | 0 | |
John Deere | COM | 244199105 | 112,870 | 1,095,400 | SH | DFND | 1 | 1,095,400 | 0 | 0 | |
Johnson and Johnson | COM | 478160104 | 6,337 | 55,000 | SH | SOLE | 55,000 | 0 | 0 | ||
Johnson and Johnson | COM | 478160104 | 64,034 | 555,800 | SH | DFND | 1 | 555,800 | 0 | 0 | |
KKR & Co LLC | COM | 48248M102 | 9,573 | 622,000 | SH | DFND | 1 | 622,000 | 0 | 0 | |
Liberty Braves Group A | COM | 531229706 | 873 | 42,600 | SH | DFND | 1 | 42,600 | 0 | 0 | |
Liberty Braves Group C | COM | 531229888 | 2,055 | 99,788 | SH | DFND | 1 | 99,788 | 0 | 0 | |
Liberty Broadband A | COM | 530307107 | 10,452 | 144,250 | SH | DFND | 1 | 144,250 | 0 | 0 | |
Liberty Broadband Class C | COM | 530307305 | 12,748 | 172,113 | SH | DFND | 1 | 172,113 | 0 | 0 | |
Liberty Global PLC | COM | G5480U104 | 3,610 | 118,000 | SH | DFND | 1 | 118,000 | 0 | 0 | |
Liberty Global PLC Lilac | COM | G5480U138 | 323 | 14,720 | SH | DFND | 1 | 14,720 | 0 | 0 | |
Liberty Media Group A | COM | 531229870 | 3,809 | 121,500 | SH | DFND | 1 | 121,500 | 0 | 0 | |
Liberty Media Group C | COM | 531229854 | 6,470 | 206,500 | SH | DFND | 1 | 206,500 | 0 | 0 | |
Liberty Sirius Group A | COM | 531229409 | 14,706 | 426,000 | SH | DFND | 1 | 426,000 | 0 | 0 | |
Liberty Sirius Group C | COM | 531229607 | 17,706 | 522,000 | SH | DFND | 1 | 522,000 | 0 | 0 | |
Linear Technology Corp | COM | 535678106 | 12,844 | 206,000 | SH | DFND | 1 | 206,000 | 0 | 0 | |
Live Nation | COM | 538034109 | 6,961 | 261,700 | SH | DFND | 1 | 261,700 | 0 | 0 | |
Lowes | COM | 548661107 | 6,756 | 95,000 | SH | SOLE | 95,000 | 0 | 0 | ||
Lowes | COM | 548661107 | 31,648 | 445,000 | SH | DFND | 1 | 445,000 | 0 | 0 | |
MSCI | COM | 55354G100 | 10,793 | 137,000 | SH | DFND | 1 | 137,000 | 0 | 0 | |
Marriott International | COM | 571903202 | 123,712 | 1,496,269 | SH | DFND | 1 | 1,496,269 | 0 | 0 | |
Marsh & McLennan | COM | 571748102 | 41,196 | 609,500 | SH | DFND | 1 | 609,500 | 0 | 0 | |
Mastercard, Inc | COM | 57636Q104 | 15,601 | 151,100 | SH | DFND | 1 | 151,100 | 0 | 0 | |
Maxim Integrated Products | COM | 57772K101 | 6,210 | 161,000 | SH | DFND | 1 | 161,000 | 0 | 0 | |
McKesson Corp | COM | 58155Q103 | 1,278 | 9,100 | SH | DFND | 1 | 9,100 | 0 | 0 | |
Mead Johnson Nutrition | COM | 582839106 | 2,286 | 32,300 | SH | DFND | 1 | 32,300 | 0 | 0 | |
Merck | COM | 58933Y105 | 330 | 5,600 | SH | DFND | 1 | 5,600 | 0 | 0 | |
Microsoft Corp | COM | 594918104 | 12,863 | 207,000 | SH | DFND | 1 | 207,000 | 0 | 0 | |
Monsanto Co | COM | 61166W101 | 41,737 | 396,700 | SH | DFND | 1 | 396,700 | 0 | 0 | |
Moody's Corp | COM | 615369105 | 27,338 | 290,000 | SH | DFND | 1 | 290,000 | 0 | 0 | |
NXP Semiconductors NV | COM | N6596X109 | 3,234 | 33,000 | SH | DFND | 1 | 33,000 | 0 | 0 | |
Nike | COM | 654106103 | 16,469 | 324,000 | SH | DFND | 1 | 324,000 | 0 | 0 | |
Norfolk Southern | COM | 655844108 | 24,802 | 229,500 | SH | DFND | 1 | 229,500 | 0 | 0 | |
Novartis AG-Sponsored ADR | COM | 66987V109 | 270 | 3,700 | SH | DFND | 1 | 3,700 | 0 | 0 | |
Novo-Nordisk A/S | COM | 670100205 | 38,549 | 1,075,000 | SH | DFND | 1 | 1,075,000 | 0 | 0 | |
Oaktree Capital Group LLC | COM | 674001201 | 26,081 | 695,500 | SH | DFND | 1 | 695,500 | 0 | 0 | |
Oracle Corp | COM | 68389X105 | 24,531 | 638,000 | SH | DFND | 1 | 638,000 | 0 | 0 | |
Paccar | COM | 693718108 | 7,559 | 118,300 | SH | DFND | 1 | 118,300 | 0 | 0 | |
Parker-Hannifin Corp | COM | 701094104 | 11,564 | 82,600 | SH | DFND | 1 | 82,600 | 0 | 0 | |
Patterson Companies Inc. | COM | 703395103 | 6,893 | 168,000 | SH | DFND | 1 | 168,000 | 0 | 0 | |
Paychex | COM | 704326107 | 9,132 | 150,000 | SH | DFND | 1 | 150,000 | 0 | 0 | |
Penske Automotive Group | COM | 70959W103 | 1,814 | 35,000 | SH | DFND | 1 | 35,000 | 0 | 0 | |
Pepsico | COM | 713448108 | 15,234 | 145,600 | SH | DFND | 1 | 145,600 | 0 | 0 | |
Philip Morris International | COM | 718172109 | 10,476 | 114,500 | SH | DFND | 1 | 114,500 | 0 | 0 | |
Praxair Inc. | COM | 74005P104 | 5,672 | 48,400 | SH | DFND | 1 | 48,400 | 0 | 0 | |
Priceline Group Inc | COM | 741503403 | 293 | 200 | SH | DFND | 1 | 200 | 0 | 0 | |
RLI Corporation | COM | 749607107 | 75,584 | 1,197,272 | SH | DFND | 1 | 1,197,272 | 0 | 0 | |
Ritchie Bros | COM | 767744105 | 3,876 | 114,000 | SH | DFND | 1 | 114,000 | 0 | 0 | |
Rockwell Automation Inc | COM | 773903109 | 12,338 | 91,800 | SH | DFND | 1 | 91,800 | 0 | 0 | |
Rollins, Inc. | COM | 775711104 | 12,016 | 355,700 | SH | DFND | 1 | 355,700 | 0 | 0 | |
S&P Global | COM | 78409V104 | 15,808 | 147,000 | SH | DFND | 1 | 147,000 | 0 | 0 | |
SEI Investments Co | COM | 784117103 | 14,324 | 290,200 | SH | DFND | 1 | 290,200 | 0 | 0 | |
Schlumberger | COM | 806857108 | 55,617 | 662,500 | SH | DFND | 1 | 662,500 | 0 | 0 | |
Sensata Technologies Holding | COM | N7902X106 | 1,792 | 46,000 | SH | DFND | 1 | 46,000 | 0 | 0 | |
Starbucks Corp | COM | 855244109 | 666 | 12,000 | SH | DFND | 1 | 12,000 | 0 | 0 | |
Stericycle Inc | COM | 858912108 | 5,778 | 75,000 | SH | DFND | 1 | 75,000 | 0 | 0 | |
Synalloy Corporation | COM | 871565107 | 4,542 | 414,804 | SH | SOLE | 414,804 | 0 | 0 | ||
T.Rowe Price | COM | 74144T108 | 828 | 11,000 | SH | SOLE | 11,000 | 0 | 0 | ||
T.Rowe Price | COM | 74144T108 | 22,804 | 303,000 | SH | DFND | 1 | 303,000 | 0 | 0 | |
Texas Instruments Inc | COM | 882508104 | 30,283 | 415,000 | SH | DFND | 1 | 415,000 | 0 | 0 | |
The Carlyle Group | COM | 14309L102 | 7,274 | 477,000 | SH | DFND | 1 | 477,000 | 0 | 0 | |
The Travelers Companies Inc | COM | 89417E109 | 38,562 | 315,000 | SH | DFND | 1 | 315,000 | 0 | 0 | |
Tyson Foods | COM | 902494103 | 678 | 11,000 | SH | DFND | 1 | 11,000 | 0 | 0 | |
Unilever PLC ADR | COM | 904767704 | 62,173 | 1,527,600 | SH | DFND | 1 | 1,527,600 | 0 | 0 | |
Union Pacific | COM | 907818108 | 8,771 | 84,600 | SH | DFND | 1 | 84,600 | 0 | 0 | |
United Health Group Inc | COM | 91324P102 | 106,107 | 663,000 | SH | DFND | 1 | 663,000 | 0 | 0 | |
United Technologies | COM | 913017109 | 13,702 | 125,000 | SH | DFND | 1 | 125,000 | 0 | 0 | |
VF Corp | COM | 918204108 | 1,003 | 18,800 | SH | DFND | 1 | 18,800 | 0 | 0 | |
Verisk Analytics Inc | COM | 92345Y106 | 5,398 | 66,500 | SH | DFND | 1 | 66,500 | 0 | 0 | |
Visa | COM | 92826C839 | 68,837 | 882,300 | SH | DFND | 1 | 882,300 | 0 | 0 | |
W.P. Carey | COM | 92936U109 | 2,659 | 45,000 | SH | SOLE | 45,000 | 0 | 0 | ||
W.P. Carey | COM | 92936U109 | 53,488 | 905,200 | SH | DFND | 1 | 905,200 | 0 | 0 | |
Walgreens Boots Alliance Inc | COM | 931427108 | 176,693 | 2,135,000 | SH | DFND | 1 | 2,135,000 | 0 | 0 | |
Watsco Inc | COM | 942622200 | 27,995 | 189,000 | SH | DFND | 1 | 189,000 | 0 | 0 |