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
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102   830,276 73,868 SH   SOLE   73,868 0 0
APPLE INC COMMON STOCK 037833100   59,146,817 253,849 SH   DFND   253,849 0 0
ABBVIE INC COMMON STOCK 00287Y109   2,877,876 14,573 SH   SOLE   14,573 0 0
ASBURY AUTOMOTIVE GROUP INC COMMON STOCK 043436104   536,827 2,250 SH   SOLE   2,250 0 0
ABBOTT LABORATORIES COMMON STOCK 002824100   2,357,385 20,677 SH   SOLE   20,677 0 0
ACCENTURE PLC COMMON STOCK G1151C101   880,519 2,491 SH   SOLE   2,491 0 0
ANALOG DEVICES INC COMMON STOCK 032654105   3,301,558 14,344 SH   SOLE   14,344 0 0
AUTOMATIC DATA PROCESSING INC COMMON STOCK 053015103   4,172,258 15,077 SH   SOLE   15,077 0 0
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109   162,999,048 579,305 SH   DFND   579,305 0 0
APPLIED MATERIALS INC COMMON STOCK 038222105   1,285,442 6,362 SH   SOLE   6,362 0 0
AMGEN INC COMMON STOCK 031162100   421,128 1,307 SH   SOLE   1,307 0 0
AMERIPRISE FINANCIAL INC COMMON STOCK 03076C106   1,468,156 3,125 SH   SOLE   3,125 0 0
AMAZON.COM INC COMMON STOCK 023135106   4,380,805 23,511 SH   SOLE   23,511 0 0
AMPHENOL CORP COMMON STOCK 032095101   2,746,364 42,148 SH   SOLE   42,148 0 0
ASML HOLDING NV NY REG SHRS N07059210   10,842,249 13,012 SH   SOLE   13,012 0 0
BROADCOM INC COMMON STOCK 11135F101   7,375,928 42,759 SH   SOLE   42,759 0 0
AUTOZONE INC COMMON STOCK 053332102   46,286,688 14,694 SH   DFND   14,694 0 0
BOOZ ALLEN HAMILTON HOLDING CO COMMON STOCK 099502106   28,305,754 173,911 SH   DFND   173,911 0 0
BALL CORP COMMON STOCK 058498106   2,774,667 40,858 SH   SOLE   40,858 0 0
ATLANTA BRAVES HOLDINGS INC COMMON STOCK 047726302   829,830 20,850 SH   SOLE   20,850 0 0
BJ'S WHOLESALE CLUB HOLDINGS INC COMMON STOCK 05550J101   2,675,981 32,444 SH   DFND   32,444 0 0
BLACKROCK INC COMMON STOCK 09290D101   2,305,410 2,428 SH   SOLE   2,428 0 0
BUMBLE INC COMMON STOCK 12047B105   797,500 125,000 SH   SOLE   125,000 0 0
BRISTOL-MYERS SQUIBB CO COMMON STOCK 110122108   498,308 9,631 SH   SOLE   9,631 0 0
BERKSHIRE HATHAWAY INC COMMON STOCK 084670702   60,890,097 132,295 SH   DFND   132,295 0 0
BROWN & BROWN INC COMMON STOCK 115236101   78,831,520 760,922 SH   DFND   760,922 0 0
BLACKSTONE INC COMMON STOCK 09260D107   21,771,105 142,174 SH   SOLE   142,174 0 0
BLACKSTONE SECURED LENDING FUND COMMON STOCK 09261X102   1,080,947 36,905 SH   SOLE   36,905 0 0
CACI INTERNATIONAL INC COMMON STOCK 127190304   254,298 504 SH   SOLE   504 0 0
CATERPILLAR INC COMMON STOCK 149123101   200,645 513 SH   SOLE   513 0 0
CHUBB LTD COMMON STOCK H1467J104   10,425,010 36,149 SH   DFND   36,149 0 0
CDW CORP COMMON STOCK 12514G108   6,257,421 27,651 SH   DFND   27,651 0 0
CONSTELLATION ENERGY CORP COMMON STOCK 21037T109   766,279 2,947 SH   SOLE   2,947 0 0
CENTRAL SECURITIES CORP CLOSED-END FUND 155123102   284,391 6,204 SH   SOLE   6,204 0 0
CELLEBRITE DI LTD COMMON STOCK M2197Q107   757,649 44,991 SH   DFND   44,991 0 0
CLEAN HARBORS INC COMMON STOCK 184496107   5,843,823 24,177 SH   DFND   24,177 0 0
COMCAST CORP COMMON STOCK 20030N101   212,066 5,077 SH   SOLE   5,077 0 0
CME GROUP INC COMMON STOCK 12572Q105   297,657 1,349 SH   SOLE   1,349 0 0
CORE & MAIN INC COMMON STOCK 21874C102   10,818,681 243,664 SH   DFND   243,664 0 0
COCA-COLA CONSOLIDATED INC COMMON STOCK 191098102   4,711,396 3,579 SH   DFND   3,579 0 0
CONOCOPHILLIPS COMMON STOCK 20825C104   372,270 3,536 SH   SOLE   3,536 0 0
COSTCO WHOLESALE CORP COMMON STOCK 22160K105   337,482,206 380,682 SH   DFND   380,682 0 0
CANADIAN PACIFIC KANSAS CITY LTD COMMON STOCK 13646K108   39,864,720 466,036 SH   DFND   466,036 0 0
COPART INC COMMON STOCK 217204106   6,025,371 114,988 SH   DFND   114,988 0 0
CRH PLC COMMON STOCK G25508105   9,919,470 106,960 SH   DFND   106,960 0 0
CROWDSTRIKE HOLDINGS INC COMMON STOCK 22788C105   4,822,682 17,195 SH   DFND   17,195 0 0
CSX CORP COMMON STOCK 126408103   49,593,505 1,436,244 SH   SOLE   1,436,244 0 0
CINTAS CORP COMMON STOCK 172908105   148,678,918 722,163 SH   DFND   722,163 0 0
CURTISS-WRIGHT CORP COMMON STOCK 231561101   2,485,554 7,562 SH   DFND   7,562 0 0
DEERE & CO COMMON STOCK 244199105   47,575,203 113,999 SH   DFND   113,999 0 0
ISHARES CORE DIVIDEND GROWTH ETF ETP 46434V621   294,831 4,703 SH   SOLE   4,703 0 0
DANAHER CORP COMMON STOCK 235851102   966,676 3,477 SH   SOLE   3,477 0 0
DOMINO'S PIZZA INC COMMON STOCK 25754A201   5,059,307 11,762 SH   DFND   11,762 0 0
DARDEN RESTAURANTS INC COMMON STOCK 237194105   273,112 1,664 SH   SOLE   1,664 0 0
ISHARES MSCI EAFE ETF ETP 464287465   274,390 3,281 SH   SOLE   3,281 0 0
ENTERPRISE PRODUCTS PARTNERS LP MLP 293792107   1,886,736 64,814 SH   SOLE   64,814 0 0
EATON CORP PLC COMMON STOCK G29183103   65,561,484 197,808 SH   DFND   197,808 0 0
ETSY INC COMMON STOCK 29786A106   7,387,377 133,034 SH   DFND   133,034 0 0
FASTENAL CO COMMON STOCK 311900104   1,140,577 15,970 SH   SOLE   15,970 0 0
FISERV INC COMMON STOCK 337738108   2,007,589 11,175 SH   SOLE   11,175 0 0
FIVE BELOW INC COMMON STOCK 33829M101   13,220,871 149,642 SH   DFND   149,642 0 0
FIRST LONG IS CORP COMMON STOCK 320734106   1,743,126 135,441 SH   SOLE   135,441 0 0
JFROG LTD COMMON STOCK M6191J100   813,614 28,017 SH   DFND   28,017 0 0
FIRST TRUST EXCHANGE TRADED FUND III ETP 33739P103   202,279 3,187 SH   SOLE   3,187 0 0
GENERAL DYNAMICS CORP COMMON STOCK 369550108   1,455,697 4,817 SH   SOLE   4,817 0 0
GOLDMAN SACHS ACTIVEBETA EMERGING MARKETS ETF ETP 381430206   246,894 7,032 SH   SOLE   7,032 0 0
ALPHABET INC COMMON STOCK 02079K107   9,420,822 56,348 SH   SOLE   56,348 0 0
ALPHABET INC COMMON STOCK 02079K305   26,419,407 159,297 SH   DFND   159,297 0 0
HASBRO INC COMMON STOCK 418056107   4,362,776 60,326 SH   DFND   60,326 0 0
HUNTINGTON BANCSHARES INC COMMON STOCK 446150104   686,975 46,733 SH   SOLE   46,733 0 0
HOME DEPOT INC COMMON STOCK 437076102   240,231,735 592,872 SH   DFND   592,872 0 0
HARTFORD FINANCIAL SERVICES GROUP INC COMMON STOCK 416515104   201,584 1,714 SH   SOLE   1,714 0 0
HONEYWELL INTERNATIONAL INC COMMON STOCK 438516106   342,725 1,658 SH   SOLE   1,658 0 0
HERSHEY CO COMMON STOCK 427866108   2,721,934 14,193 SH   SOLE   14,193 0 0
HUBSPOT INC COMMON STOCK 443573100   2,960,481 5,569 SH   DFND   5,569 0 0
INTERNATIONAL BUSINESS MACHINES CORP COMMON STOCK 459200101   99,129,177 448,386 SH   DFND   448,386 0 0
ICF INTERNATIONAL INC COMMON STOCK 44925C103   449,833 2,697 SH   SOLE   2,697 0 0
IDEXX LABORATORIES INC COMMON STOCK 45168D104   12,035,351 23,822 SH   SOLE   23,822 0 0
INTUIT INC COMMON STOCK 461202103   3,489,399 5,619 SH   SOLE   5,619 0 0
ISHARES MSCI INTL QUALTY FACTOR ETF ETP 46434V456   317,896 7,662 SH   SOLE   7,662 0 0
ILLINOIS TOOL WORKS INC COMMON STOCK 452308109   391,271 1,493 SH   SOLE   1,493 0 0
ISHARES S&P 500 VALUE ETF ETP 464287408   575,539 2,919 SH   SOLE   2,919 0 0
ISHARES MSCI INTL VALUE FACTOR ETF ETP 46435G409   346,269 11,726 SH   SOLE   11,726 0 0
ISHARES CORE S&P 500 ETF ETP 464287200   246,879 428 SH   SOLE   428 0 0
ISHARES RUSSELL 1000 ETF ETP 464287622   7,718,275 24,550 SH   SOLE   24,550 0 0
ISHARES RUSSELL 1000 GROWTH ETF ETP 464287614   795,055 2,118 SH   SOLE   2,118 0 0
ISHARES RUSSELL TOP 200 GROWTH ETF ETP 464289438   224,011 1,018 SH   SOLE   1,018 0 0
JACOBS SOLUTIONS INC COMMON STOCK 46982L108   379,610 2,900 SH   SOLE   2,900 0 0
JPMORGAN EQUITY PREMIUM INCOME ETF ETP 46641Q332   269,164 4,523 SH   SOLE   4,523 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104   1,003,151 6,190 SH   SOLE   6,190 0 0
JPMORGAN CHASE & CO COMMON STOCK 46625H100   3,257,787 15,450 SH   SOLE   15,450 0 0
JPMORGAN US VALUE FACTOR ETF ETP 46641Q753   318,192 7,303 SH   SOLE   7,303 0 0
KINSALE CAPITAL GROUP INC COMMON STOCK 49714P108   1,429,766 3,071 SH   DFND   3,071 0 0
COCA COLA CO COMMON STOCK 191216100   644,297 8,966 SH   SOLE   8,966 0 0
KROGER CO COMMON STOCK 501044101   23,934,669 417,708 SH   DFND   417,708 0 0
LITHIA MOTORS INC COMMON STOCK 536797103   508,224 1,600 SH   SOLE   1,600 0 0
LABCORP HOLDINGS INC COMMON STOCK 504922105   244,040 1,092 SH   SOLE   1,092 0 0
LINDE PLC COMMON STOCK G54950103   3,146,799 6,599 SH   SOLE   6,599 0 0
ELI LILLY & CO COMMON STOCK 532457108   2,513,412 2,837 SH   SOLE   2,837 0 0
LOCKHEED MARTIN CORP COMMON STOCK 539830109   4,319,314 7,389 SH   SOLE   7,389 0 0
LOWE'S COS INC COMMON STOCK 548661107   860,490 3,177 SH   SOLE   3,177 0 0
MASTERCARD INC COMMON STOCK 57636Q104   186,456,904 377,596 SH   DFND   377,596 0 0
MCDONALD'S CORP COMMON STOCK 580135101   11,369,185 37,336 SH   SOLE   37,336 0 0
MOODY'S CORP COMMON STOCK 615369105   101,232,895 213,306 SH   DFND   213,306 0 0
MISTER CAR WASH INC COMMON STOCK 60646V105   3,734,930 573,722 SH   DFND   573,722 0 0
MEDTRONIC PLC COMMON STOCK G5960L103   24,923,725 276,838 SH   DFND   276,838 0 0
META PLATFORMS INC COMMON STOCK 30303M102   278,206 486 SH   SOLE   486 0 0
MCCORMICK & CO INC COMMON STOCK 579780206   226,325 2,750 SH   SOLE   2,750 0 0
MARTIN MARIETTA MATERIALS INC COMMON STOCK 573284106   9,817,142 18,239 SH   DFND   18,239 0 0
MARSH & MCLENNAN COS INC COMMON STOCK 571748102   684,217 3,067 SH   SOLE   3,067 0 0
MONDAY.COM LTD COMMON STOCK M7S64H106   1,451,904 5,227 SH   DFND   5,227 0 0
MERCK & CO INC COMMON STOCK 58933Y105   3,182,178 28,022 SH   SOLE   28,022 0 0
MORGAN STANLEY COMMON STOCK 617446448   26,899,862 258,057 SH   SOLE   258,057 0 0
MSCI INC COMMON STOCK 55354G100   308,953 530 SH   SOLE   530 0 0
MICROSOFT CORP COMMON STOCK 594918104   376,495,718 874,961 SH   DFND   874,961 0 0
METTLER-TOLEDO INTERNATIONAL COMMON STOCK 592688105   31,255,248 20,841 SH   SOLE   20,841 0 0
MURPHY USA INC COMMON STOCK 626755102   65,079,541 132,042 SH   DFND   132,042 0 0
DUCKHORN PORTFOLIO INC COMMON STOCK 26414D106   610,050 105,000 SH   SOLE   105,000 0 0
NEXTERA ENERGY INC COMMON STOCK 65339F101   842,088 9,962 SH   SOLE   9,962 0 0
NETFLIX INC COMMON STOCK 64110L106   64,488,247 90,922 SH   DFND   90,922 0 0
NEW MOUNTAIN FINANCE CORP COMMON STOCK 647551100   1,024,530 85,520 SH   SOLE   85,520 0 0
SERVICENOW INC COMMON STOCK 81762P102   50,405,137 56,357 SH   DFND   56,357 0 0
NORFOLK SOUTHERN CORP COMMON STOCK 655844108   767,617 3,089 SH   SOLE   3,089 0 0
NVIDIA CORP COMMON STOCK 67066G104   2,542,832 20,939 SH   SOLE   20,939 0 0
NOVO NORDISK A/S ADR 670100205   574,751 4,827 SH   SOLE   4,827 0 0
NVR INC COMMON STOCK 62944T105   2,021,230 206 SH   SOLE   206 0 0
NOVARTIS AG ADR 66987V109   264,546 2,300 SH   SOLE   2,300 0 0
BLUE OWL CAPITAL CORP COMMON STOCK 69121K104   257,933 17,703 SH   SOLE   17,703 0 0
OLD DOMINION FREIGHT LINE INC COMMON STOCK 679580100   18,940,324 95,350 SH   DFND   95,350 0 0
ONEOK INC COMMON STOCK 682680103   319,593 3,507 SH   SOLE   3,507 0 0
O'REILLY AUTOMOTIVE INC COMMON STOCK 67103H107   32,419,843 28,152 SH   DFND   28,152 0 0
OCCIDENTAL PETROLEUM CORP COMMON STOCK 674599105   1,957,025 37,971 SH   SOLE   37,971 0 0
PEPSICO INC COMMON STOCK 713448108   6,435,202 37,843 SH   SOLE   37,843 0 0
PROCTER AND GAMBLE CO COMMON STOCK 742718109   3,033,252 17,513 SH   SOLE   17,513 0 0
PROGRESSIVE CORP COMMON STOCK 743315103   120,906,743 476,461 SH   DFND   476,461 0 0
PARKER-HANNIFIN CORP COMMON STOCK 701094104   1,436,127 2,273 SH   SOLE   2,273 0 0
PNC FINANCIAL SERVICES GROUP INC COMMON STOCK 693475105   705,388 3,816 SH   SOLE   3,816 0 0
PPG INDUSTRIES INC COMMON STOCK 693506107   339,760 2,565 SH   SOLE   2,565 0 0
PROFOUND MEDICAL CORP COMMON STOCK 74319B502   358,200 45,000 SH   SOLE   45,000 0 0
QUANTA SERVICES INC COMMON STOCK 74762E102   238,520 800 SH   SOLE   800 0 0
QUALCOMM INC COMMON STOCK 747525103   294,697 1,733 SH   SOLE   1,733 0 0
ISHARES MSCI USA QUALITY FACTOR ETF ETP 46432F339   230,580 1,286 SH   SOLE   1,286 0 0
RALPH LAUREN CORP COMMON STOCK 751212101   5,173,033 26,683 SH   DFND   26,683 0 0
ROPER TECHNOLOGIES INC COMMON STOCK 776696106   456,281 820 SH   SOLE   820 0 0
RELIANCE INC COMMON STOCK 759509102   248,721 860 SH   SOLE   860 0 0
REPUBLIC SERVICES INC COMMON STOCK 760759100   258,850,826 1,288,841 SH   DFND   1,288,841 0 0
INVESCO S&P 500 EQUAL WEIGHT ETF ETP 46137V357   268,740 1,500 SH   SOLE   1,500 0 0
RTX CORP COMMON STOCK 75513E101   556,609 4,594 SH   SOLE   4,594 0 0
RUSH ENTERPRISES INC COMMON STOCK 781846209   200,543 3,796 SH   SOLE   3,796 0 0
SABINE ROYALTY TRUST ROYALTY TRST 785688102   560,069 9,067 SH   SOLE   9,067 0 0
SHERWIN WILLIAMS CO COMMON STOCK 824348106   352,589,037 923,806 SH   DFND   923,806 0 0
SKYWARD SPECIALTY INSURANCE GROUP COMMON STOCK 830940102   4,015,652 98,592 SH   DFND   98,592 0 0
CHAMPION HOMES INC COMMON STOCK 830830105   14,234,614 150,075 SH   DFND   150,075 0 0
S&P GLOBAL INC COMMON STOCK 78409V104   1,932,159 3,740 SH   SOLE   3,740 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103   2,537,167 4,422 SH   SOLE   4,422 0 0
STRYKER CORP COMMON STOCK 863667101   1,083,419 2,999 SH   SOLE   2,999 0 0
TELEDYNE TECHNOLOGIES INC COMMON STOCK 879360105   5,993,754 13,695 SH   DFND   13,695 0 0
TRUIST FINANCIAL CORP COMMON STOCK 89832Q109   553,872 12,950 SH   SOLE   12,950 0 0
TENET HEALTHCARE CORP COMMON STOCK 88033G407   244,314 1,470 SH   SOLE   1,470 0 0
TJX COS INC COMMON STOCK 872540109   4,529,992 38,540 SH   SOLE   38,540 0 0
THERMO FISHER SCIENTIFIC INC COMMON STOCK 883556102   27,534,406 44,513 SH   SOLE   44,513 0 0
TARGA RESOURCES CORP COMMON STOCK 87612G101   386,750 2,613 SH   SOLE   2,613 0 0
TRIMBLE INC COMMON STOCK 896239100   280,585 4,519 SH   SOLE   4,519 0 0
TRACTOR SUPPLY CO COMMON STOCK 892356106   10,589,852 36,400 SH   DFND   36,400 0 0
TAIWAN SEMICONDUCTOR MANUFACTURING LTD ADR 874039100   206,320 1,188 SH   SOLE   1,188 0 0
TORO CO COMMON STOCK 891092108   314,483 3,626 SH   SOLE   3,626 0 0
THE TRADE DESK INC COMMON STOCK 88339J105   5,704,103 52,021 SH   DFND   52,021 0 0
TEXAS INSTRUMENTS INC COMMON STOCK 882508104   5,064,683 24,518 SH   SOLE   24,518 0 0
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102   28,796,659 49,252 SH   SOLE   49,252 0 0
UNION PACIFIC CORP COMMON STOCK 907818108   12,437,874 50,462 SH   SOLE   50,462 0 0
US BANCORP COMMON STOCK 902973304   439,191 9,604 SH   SOLE   9,604 0 0
WISDOMTREE FLOATNG RATE TREASURY ETF ETP 97717Y527   915,260 18,225 SH   SOLE   18,225 0 0
VISA INC COMMON STOCK 92826C839   15,514,329 56,426 SH   SOLE   56,426 0 0
VANGUARD FTSE DEVELOPED MARKETS ETF ETP 921943858   289,557 5,483 SH   SOLE   5,483 0 0
VANGUARD S&P 500 ETF ETP 922908363   503,925 955 SH   SOLE   955 0 0
VERISK ANALYTICS INC COMMON STOCK 92345Y106   453,656 1,693 SH   SOLE   1,693 0 0
VISTRA CORP COMMON STOCK 92840M102   23,921,016 201,797 SH   DFND   201,797 0 0
VANGUARD TOTAL STOCK MARKET ETF ETP 922908769   12,888,311 45,516 SH   SOLE   45,516 0 0
WATERS CORP COMMON STOCK 941848103   339,016 942 SH   SOLE   942 0 0
WASTE CONNECTIONS INC COMMON STOCK 94106B101   1,281,578 7,164 SH   DFND   7,164 0 0
WELLS FARGO & CO COMMON STOCK 949746101   647,658 11,465 SH   SOLE   11,465 0 0
WELLS FARGO CO PERP CONV PFD A PREFERRED STOCK 949746804   306,446 239 SH   SOLE   239 0 0
WASTE MANAGEMENT INC COMMON STOCK 94106L109   5,886,498 28,355 SH   SOLE   28,355 0 0
WARNER MUSIC GROUP CORP COMMON STOCK 934550203   4,602,195 147,035 SH   DFND   147,035 0 0
WALMART INC COMMON STOCK 931142103   734,583 9,097 SH   SOLE   9,097 0 0
W R BERKLEY CORP COMMON STOCK 084423102   80,371,547 1,416,738 SH   DFND   1,416,738 0 0
WARBY PARKER INC COMMON STOCK 93403J106   3,661,594 224,225 SH   DFND   224,225 0 0
SELECT SECTOR SPDR INT-FINL ETP 81369Y605   1,065,020 23,500 SH   SOLE   23,500 0 0
SELECT SECTOR SPDR INT-UTILS ETP 81369Y886   1,736,770 21,500 SH   SOLE   21,500 0 0
EXXON MOBIL CORP COMMON STOCK 30231G102   203,494 1,736 SH   SOLE   1,736 0 0
YUM! BRANDS INC COMMON STOCK 988498101   507,706 3,634 SH   SOLE   3,634 0 0
ZOETIS INC COMMON STOCK 98978V103   3,379,879 17,299 SH   SOLE   17,299 0 0