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 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
AIR LEASE CORP CL A COM 00912x302 21,167 440,150 SH   SOLE   0 0 440,150
ALPHABET INC CLASS A COM 02079k305 609 578 SH   SOLE   0 0 578
BERKSHIRE HATHAWAY INC CL A COM 084670108 3,571 12 SH   SOLE   0 0 12
BIO-TECHNE CORP COM 09073m104 246 1,900 SH   SOLE   0 0 1,900
BROWN FORMAN INC CL B COM 115637209 15,002 218,470 SH   SOLE   0 0 218,470
CME GROUP INC COM 12572q105 12,290 84,150 SH   SOLE   0 0 84,150
CORE LABORATORIES N V COM n22717107 4,613 42,110 SH   SOLE   0 0 42,110
D R HORTON INC COM 23331a109 10,232 200,350 SH   SOLE   0 0 200,350
ESTEE LAUDER COMPANIES INC COM 518439104 13,850 108,850 SH   SOLE   0 0 108,850
FACEBOOK INC CL A COM 30303m102 356 2,020 SH   SOLE   0 0 2,020
FEDEX CORP COM COM 31428x106 11,730 47,005 SH   SOLE   0 0 47,005
FIRST AMERICAN FINANCIAL COM 31847r102 15,924 284,150 SH   SOLE   0 0 284,150
GENTEX CORP COM 371901109 12,895 615,500 SH   SOLE   0 0 615,500
GILEAD SCIENCES INC COM 375558103 14,665 204,700 SH   SOLE   0 0 204,700
GRACO INC COM 384109104 14,027 310,200 SH   SOLE   0 0 310,200
INTEL CORP COM 458140100 19,311 418,350 SH   SOLE   0 0 418,350
INTERACTIVE BROKERS GR COM COM 45841n107 17,947 303,100 SH   SOLE   0 0 303,100
IQVIA HOLDINGS INC COM 46266c105 348 3,550 SH   SOLE   0 0 3,550
KEYSIGHT TECHNOLOGIES COM COM 49338l103 6,235 149,875 SH   SOLE   0 0 149,875
KLA-TENOR CORP COM 482480100 257 2,450 SH   SOLE   0 0 2,450
PHILIP MORRIS INTL INC COM 718172109 412 3,900 SH   SOLE   0 0 3,900
ROYAL DUTCH SHELL PLC ADR COM 780259206 10,402 155,925 SH   SOLE   0 0 155,925
S&P GLOBAL INC COM COM 78409v104 3,214 18,975 SH   SOLE   0 0 18,975
VISA INC CLASS A SHRS COM 92826c839 579 5,078 SH   SOLE   0 0 5,078