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
Expires:Oct 31, 2018
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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 CompanyCOM88579Y10112,01177,000SH SOLE 77,00000
3M CompanyCOM88579Y10124,522157,200SH DFND1157,20000
AccentureCOMG1151C10114,40867,100SH SOLE 67,10000
AccentureCOMG1151C10119,81992,300SH DFND192,30000
Activision Blizzard IncCOM00507V1091371,800SH SOLE 1,80000
Activision Blizzard IncCOM00507V10921,404282,000SH DFND1282,00000
Albemarle CorpCOM0126531015,86876,000SH DFND176,00000
Alleghany CorporationCOM0171751002,1174,328SH SOLE 4,32800
Alphabet IncCOM02079K10759,72442,249SH SOLE 42,24900
Alphabet IncCOM02079K107134,63895,244SH DFND195,24400
Alphabet Inc Class ACOM02079K3054,6803,300SH SOLE 3,30000
Alphabet Inc Class ACOM02079K30513,0469,200SH DFND19,20000
Amazon.comCOM02313510692,14533,400SH SOLE 33,40000
Amazon.comCOM023135106179,43965,042SH DFND165,04200
American ExpressCOM02581610995210,000SH SOLE 10,00000
American ExpressCOM02581610945,120473,950SH DFND1473,95000
American TowerCOM03027X1002591,000SH SOLE 1,00000
American TowerCOM03027X10012,96650,150SH DFND150,15000
Analog Devices IncCOM03265410524,965203,565SH SOLE 203,56500
Analog Devices IncCOM03265410583,671682,246SH DFND1682,24600
Aon CorporationCOMG0408V1027,12637,000SH DFND137,00000
Apollo Global Management - ACOM03768E1051,12322,500SH SOLE 22,50000
Apollo Global Management - ACOM03768E10549,421990,000SH DFND1990,00000
Apple IncCOM0378331004,39612,050SH SOLE 12,05000
Apple IncCOM037833100105,276288,585SH DFND1288,58500
Archer DanielsCOM03948310223,701594,000SH SOLE 594,00000
Archer DanielsCOM03948310235,284884,300SH DFND1884,30000
Ball CorporationCOM0584981063,19746,000SH DFND146,00000
Bank of New York Mellon CorpCOM06405810013,527350,000SH DFND1350,00000
Berkshire Hathaway Class BCOM084670702134,172751,620SH SOLE 751,62000
Berkshire Hathaway Class BCOM084670702139,250780,067SH DFND1780,06700
Berkshire Hathaway, Inc.COM084670108155,034580SH SOLE 58000
Berkshire Hathaway, Inc.COM084670108142,738534SH DFND153400
Blackrock IncCOM09247X1016,52912,000SH SOLE 12,00000
Blackrock IncCOM09247X101113,280208,200SH DFND1208,20000
Blackstone GroupCOM09260D1071,95534,500SH SOLE 34,50000
Blackstone GroupCOM09260D10767,6801,194,500SH DFND11,194,50000
Brookfield Asset ManagementCOM11258510495,2352,894,673SH SOLE 2,894,67300
Brookfield Asset ManagementCOM112585104191,0175,805,988SH DFND15,805,98800
Brown Forman Class ACOM11563710028,359492,600SH SOLE 492,60000
Brown Forman Class ACOM11563710020,173350,400SH DFND1350,40000
Brown-Forman Class BCOM11563720914,435226,750SH SOLE 226,75000
Brown-Forman Class BCOM11563720915,752247,437SH DFND1247,43700
CVS CorporationCOM1266501001302,000SH SOLE 2,00000
CVS CorporationCOM12665010021,440330,000SH DFND1330,00000
Cable OneCOM12685J1059,2295,200SH DFND15,20000
Carrier Air ConditioningCOM14448C1041,21354,600SH SOLE 54,60000
Carrier Air ConditioningCOM14448C1043,764169,400SH DFND1169,40000
Caterpillar IncCOM1491231011,26510,000SH SOLE 10,00000
Caterpillar IncCOM14912310135,104277,500SH DFND1277,50000
Charles SchwabCOM8085131054,150123,000SH SOLE 123,00000
Charles SchwabCOM80851310532,805972,300SH DFND1972,30000
CiscoCOM17275R1026,903148,000SH SOLE 148,00000
CiscoCOM17275R1029,048194,000SH DFND1194,00000
Citigroup IncCOM172967424671,320SH SOLE 1,32000
Citigroup IncCOM1729674241,08821,300SH DFND121,30000
Colfax CorporationCOM19401410630,2731,085,070SH SOLE 1,085,07000
Colfax CorporationCOM1940141061,39550,000SH DFND150,00000
Comcast Corp- Class ACOM20030n1014,015103,000SH SOLE 103,00000
Comcast Corp- Class ACOM20030n10116,333419,000SH DFND1419,00000
CostcoCOM22160K1053,94213,000SH SOLE 13,00000
CostcoCOM22160K1057,92926,150SH DFND126,15000
Crown Holdings IncCOM2283681067,555116,000SH DFND1116,00000
DR Horton IncCOM23331A10947850SH SOLE 85000
DR Horton IncCOM23331A10972913,149SH DFND113,14900
Diageo PLCCOM25243Q20599,220738,300SH SOLE 738,30000
Diageo PLCCOM25243Q20582,179611,500SH DFND1611,50000
DisneyCOM25468710660,739544,700SH SOLE 544,70000
DisneyCOM254687106146,9341,317,680SH DFND11,317,68000
Eastman Chemical CompanyCOM2774321004186,000SH DFND16,00000
EcolabCOM2788651004,57623,000SH SOLE 23,00000
EcolabCOM27886510056,959286,300SH DFND1286,30000
Electronic Arts IncCOM285512109119900SH SOLE 90000
Electronic Arts IncCOM28551210916,414124,300SH DFND1124,30000
Equifax IncCOM29442910519,594114,000SH DFND1114,00000
FacebookCOM30303M1024,22618,610SH SOLE 18,61000
FacebookCOM30303M10228,699126,390SH DFND1126,39000
Factset ResearchCOM3030751057,55523,000SH SOLE 23,00000
Factset ResearchCOM30307510530,77193,680SH DFND193,68000
General DynamicsCOM3695501086,57644,000SH SOLE 44,00000
General DynamicsCOM36955010851,265343,000SH DFND1343,00000
Goldman SachsCOM38141G1043,52817,850SH SOLE 17,85000
Goldman SachsCOM38141G10464,217324,950SH DFND1324,95000
Graham Holdings CoCOM3846371041,7825,200SH DFND15,20000
Guidewire Software IncCOM40171V1001,44113,000SH DFND113,00000
Healthcare Services GroupCOM42190610848920,000SH SOLE 20,00000
Healthcare Services GroupCOM42190610816,596678,500SH DFND1678,50000
Heico Corp Class ACOM4228062086267,702SH SOLE 7,70200
Heico Corp Class ACOM42280620827,251335,442SH DFND1335,44200
Hexcel CorpCOM4282911081814,000SH SOLE 4,00000
Hexcel CorpCOM4282911088,366185,000SH DFND1185,00000
Home DepotCOM43707610229,310117,000SH SOLE 117,00000
Home DepotCOM437076102201,160803,000SH DFND1803,00000
Illinois Tool WorksCOM45230810914,86285,000SH SOLE 85,00000
Illinois Tool WorksCOM45230810942,401242,500SH DFND1242,50000
Illumina IncCOM4523271091,4814,000SH DFND14,00000
InterActiveCorpCOM44919P5085251,650SH DFND11,65000
Intl Flavors & FragrancesCOM4595061011,83715,000SH SOLE 15,00000
Intl Flavors & FragrancesCOM45950610111,26692,000SH DFND192,00000
Investors Title CompanyCOM46180410625,878213,300SH DFND1213,30000
JP MorganCOM46625H10020,444217,350SH DFND1217,35000
John DeereCOM244199105118,774755,800SH DFND1755,80000
Johnson and JohnsonCOM47816010416,060114,200SH SOLE 114,20000
Johnson and JohnsonCOM47816010469,837496,600SH DFND1496,60000
KKR & Co LLCCOM48251W1041,91562,000SH SOLE 62,00000
KKR & Co LLCCOM48251W10440,6811,317,400SH DFND11,317,40000
Lamar Advertising CompanyCOM5128161095678,500SH DFND18,50000
Lennar Corp - BCOM52605730259913,000SH DFND113,00000
Liberty Broadband ACOM5303071072,65821,750SH SOLE 21,75000
Liberty Broadband ACOM53030710722,422183,500SH DFND1183,50000
Liberty Broadband Class CCOM5303073055,06440,853SH SOLE 40,85300
Liberty Broadband Class CCOM53030730516,271131,260SH DFND1131,26000
Liberty Global PLCCOMG5480U104663,000SH SOLE 3,00000
Liberty Global PLCCOMG5480U1043,847176,000SH DFND1176,00000
Liberty Sirius Group ACOM5312294091,79552,000SH SOLE 52,00000
Liberty Sirius Group ACOM53122940912,910374,000SH DFND1374,00000
Liberty Sirius Group CCOM5312296074,616134,000SH SOLE 134,00000
Liberty Sirius Group CCOM53122960713,367388,000SH DFND1388,00000
Linde PLCCOMG5494J1031,2515,900SH SOLE 5,90000
Linde PLCCOMG5494J10318,77288,500SH DFND188,50000
LowesCOM54866110734,726257,000SH SOLE 257,00000
LowesCOM54866110744,792331,500SH DFND1331,50000
MSCICOM55354G1003341,000SH SOLE 1,00000
MSCICOM55354G10045,400136,000SH DFND1136,00000
Marsh & McLennanCOM5717481021,87917,500SH SOLE 17,50000
Marsh & McLennanCOM57174810263,563592,000SH DFND1592,00000
Mastercard, IncCOM57636Q10410,64536,000SH SOLE 36,00000
Mastercard, IncCOM57636Q10450,674171,370SH DFND1171,37000
Maxim Integrated ProductsCOM57772K1014,24370,000SH SOLE 70,00000
Maxim Integrated ProductsCOM57772K10111,031182,000SH DFND1182,00000
Microchip TechnologyCOM5950171044214,000SH SOLE 4,00000
Microchip TechnologyCOM59501710416,744159,000SH DFND1159,00000
Microsoft CorpCOM59491810417,29885,000SH SOLE 85,00000
Microsoft CorpCOM59491810480,106393,620SH DFND1393,62000
Mohawk IndustriesCOM6081901045095,000SH SOLE 5,00000
Mohawk IndustriesCOM60819010429,510290,000SH DFND1290,00000
Moody's CorpCOM61536910528,572104,000SH SOLE 104,00000
Moody's CorpCOM61536910529,418107,080SH DFND1107,08000
NVR IncCOM62944T105326100SH SOLE 10000
NVR IncCOM62944T10530,6169,395SH DFND19,39500
NikeCOM6541061038,04082,000SH SOLE 82,00000
NikeCOM65410610327,846284,000SH DFND1284,00000
Norfolk SouthernCOM65584410812,81773,000SH SOLE 73,00000
Norfolk SouthernCOM65584410827,477156,500SH DFND1156,50000
Novo-Nordisk A/SCOM67010020534,377525,000SH SOLE 525,00000
Novo-Nordisk A/SCOM67010020536,014550,000SH DFND1550,00000
Otis ElevatorCOM68902V1071,55227,300SH SOLE 27,30000
Otis ElevatorCOM68902V1074,81684,700SH DFND184,70000
Owens-Illinois IncCOM67098H1043,987444,000SH DFND1444,00000
PayPal Holdings IncCOM70450Y1033191,830SH DFND11,83000
PaychexCOM7043261075,30270,000SH SOLE 70,00000
PaychexCOM7043261076,06080,000SH DFND180,00000
PepsicoCOM71344810812,64495,600SH DFND195,60000
Philip Morris InternationalCOM7181721098,022114,500SH DFND1114,50000
Progressive CorpCOM7433151034,80760,000SH SOLE 60,00000
Progressive CorpCOM74331510349,228614,500SH DFND1614,50000
RLI CorporationCOM74960710730,952377,000SH SOLE 377,00000
RLI CorporationCOM74960710767,344820,272SH DFND1820,27200
Raytheon Technologies OrdCOM75513E1013,36454,600SH SOLE 54,60000
Raytheon Technologies OrdCOM75513E10110,438169,400SH DFND1169,40000
Rockwell Automation IncCOM7739031091,6837,900SH SOLE 7,90000
Rockwell Automation IncCOM77390310928,585134,200SH DFND1134,20000
Rollins, Inc.COM7757111041,55436,650SH SOLE 36,65000
Rollins, Inc.COM77571110433,581792,200SH DFND1792,20000
S&P GlobalCOM78409V1043291,000SH SOLE 1,00000
S&P GlobalCOM78409V10448,104146,000SH DFND1146,00000
SEI Investments CoCOM7841171033,24459,000SH SOLE 59,00000
SEI Investments CoCOM78411710317,825324,200SH DFND1324,20000
Shake Shack Inc - Class ACOM8190471011593,000SH SOLE 3,00000
Shake Shack Inc - Class ACOM8190471011,46227,600SH DFND127,60000
Sherwin WilliamsCOM82434810617,91331,000SH DFND131,00000
Starbucks CorpCOM8552441092,98040,500SH SOLE 40,50000
Starbucks CorpCOM85524410935,862487,318SH DFND1487,31800
Stericycle IncCOM8589121081,39925,000SH SOLE 25,00000
Stericycle IncCOM85891210831,836568,700SH DFND1568,70000
T.Rowe PriceCOM74144T1083,95232,000SH SOLE 32,00000
T.Rowe PriceCOM74144T10834,827282,000SH DFND1282,00000
Texas Instruments IncCOM88250810422,347176,000SH SOLE 176,00000
Texas Instruments IncCOM88250810469,580548,000SH DFND1548,00000
The Carlyle GroupCOM14316J1081,24244,500SH SOLE 44,50000
The Carlyle GroupCOM14316J10832,8521,177,500SH DFND11,177,50000
TransUnionCOM89400J1072613,000SH SOLE 3,00000
TransUnionCOM89400J1077,96491,500SH DFND191,50000
TrupanionCOM8982021062135,000SH SOLE 5,00000
TrupanionCOM8982021065,477128,300SH DFND1128,30000
Twitter IncCOM90184l1022538,500SH DFND18,50000
Tyson FoodsCOM9024941032995,000SH SOLE 5,00000
Tyson FoodsCOM90249410321,734364,000SH DFND1364,00000
Union PacificCOM9078181081,87711,100SH SOLE 11,10000
Union PacificCOM90781810812,55774,270SH DFND174,27000
Verisk Analytics IncCOM92345Y1061701,000SH SOLE 1,00000
Verisk Analytics IncCOM92345Y10612,42573,000SH DFND173,00000
VisaCOM92826C83935,949186,100SH SOLE 186,10000
VisaCOM92826C839148,847770,550SH DFND1770,55000
WR Berkley CorpCOM0844231021,54727,000SH DFND127,00000
Watsco IncCOM9426222004,81627,100SH SOLE 27,10000
Watsco IncCOM94262220065,731369,900SH DFND1369,90000
Wells FargoCOM94974610181932,000SH SOLE 32,00000
Wells FargoCOM9497461014,184163,450SH DFND1163,45000
Whirlpool CorpCOM9633201066775,230SH SOLE 5,23000
Whirlpool CorpCOM96332010634,417265,709SH DFND1265,70900