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

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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
AmazonCOM0231351067,8632,850SH SOLE 2,85000
Apple, Inc.COM03783310030,09682,500SH SOLE 82,50000
Berkshire Hathaway Inc. Class ACLA08467010812,02945SH SOLE 4500
Brandywine Realty TrustSH BEN10536820317,3701,595,000SH SOLE 1,595,00000
East West Bancorp, Inc.COM27579R1044,149114,500SH SOLE 114,50000
Facebook, Inc.CLA30303M10222,13997,500SH SOLE 97,50000
FedEx CorporationCOM31428X10618,930135,000SH SOLE 135,00000
Federal Agric Mtg CorpCLA3131481084,52180,600SH SOLE 80,60000
Federal Agric Mtg CorpCLC3131483069,489148,250SH SOLE 148,25000
Goldman Sachs Group, Inc.COM38141G10433,793171,000SH SOLE 171,00000
Insperity, Inc.COM45778Q1072,62240,500SH SOLE 40,50000
Interface, Inc.COM4586653042,328286,000SH SOLE 286,00000
JP Morgan Chase & CoCOM46625H10015,520165,000SH SOLE 165,00000
KKR & Co. LPCLA48251W10418,219590,000SH SOLE 590,00000
Kansas City SouthernCOM48517030218,661125,000SH SOLE 125,00000
Mastercard Inc.CLA57636Q1045,02717,000SH SOLE 17,00000
Polaris Industries, Inc.COM73106810219,898215,000SH SOLE 215,00000