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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AFLAC INC COM 001055102 23,498 469,979 SH   SOLE   469,979 0 0
ALLEGHANY CORP COM 017175100 7,139 11,658 SH   SOLE   11,658 0 0
AMERICAN EXPRESS CO COM 025816109 28,167 257,709 SH   SOLE   257,709 0 0
APACHE CORP COM 037411105 22,092 637,420 SH   SOLE   637,420 0 0
AT&T INC COM 00206R102 124,256 3,962,257 SH   SOLE   3,962,257 0 0
AUTOZONE INC COM 053332102 23,870 23,308 SH   SOLE   23,308 0 0
BERKSHIRE HATHAWAY INC-CL B CL B 084670702 38,840 193,343 SH   SOLE   193,343 0 0
CASEY'S GENERAL STORES INC COM 147528103 6,722 52,209 SH   SOLE   52,209 0 0
CITIGROUP INC COM 172967424 38,602 620,417 SH   SOLE   620,417 0 0
EXXON MOBIL CORP COM 30231G102 22,938 283,891 SH   SOLE   283,891 0 0
HYSTER-YALE MATERIALS COM 449172105 3,237 51,917 SH   SOLE   51,917 0 0
INTEL CORP COM 458140100 28,686 534,196 SH   SOLE   534,196 0 0
JOHNSON & JOHNSON COM 478160104 223 1,600 SH   SOLE   1,600 0 0
JPMORGAN CHASE & CO COM 46625H100 105 1,045 SH   SOLE   1,045 0 0
MACY'S INC COM 55616P104 14,945 621,935 SH   SOLE   621,935 0 0
MICROSOFT CORP COM 594918104 15,924 135,019 SH   SOLE   135,019 0 0
MOLSON COORS BREWING CO -B CL B 60871R209 34,849 584,240 SH   SOLE   584,240 0 0
MSC INDUSTRIAL DIRECT CO-A COM 553530106 35,596 430,381 SH   SOLE   430,381 0 0
NATIONAL OILWELL VARCO INC COM 637071101 18,747 703,747 SH   SOLE   703,747 0 0
NOW INC COM 67011P100 14,052 1,006,635 SH   SOLE   1,006,635 0 0
PEPSICO INC COM 713448108 16,854 137,535 SH   SOLE   137,535 0 0
VALMONT INDUSTRIES COM 920253101 17,925 137,779 SH   SOLE   137,779 0 0
VAREX IMAGING CORP COM 92214X106 47,398 1,399,012 SH   SOLE   1,399,012 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 40,958 647,363 SH   SOLE   647,363 0 0
WELLS FARGO & CO COM 949746101 39,056 808,289 SH   SOLE   808,289 0 0
WILLIAMS-SONOMA INC COM 969904101 4,967 88,280 SH   SOLE   88,280 0 0
WINMARK CORP COM 974250102 31,865 168,968 SH   SOLE   168,968 0 0