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
AFFILIATED MANAGERS GROUP IN COM 008252108   70,420,125 380,814 SH   SOLE   380,814 0 0
DOLLAR GEN CORP NEW COM 256677105   30,123,286 397,300 SH   SOLE   397,300 0 0
CARMAX INC COM 143130102   39,105,808 478,300 SH   SOLE   478,300 0 0
CIGNA CORP NEW COM 125523100   27,972,982 101,300 SH   SOLE   101,300 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104   8,345,490 44,700 SH   SOLE   44,700 0 0
GENPACT LIMITED SHS G3922B107   7,501,218 174,650 SH   SOLE   174,650 0 0
COMCAST CORP NEW CL A 20030N101   47,241,300 1,258,761 SH   SOLE   1,258,761 0 0
CVS HEALTH CORP COM 126650100   29,105,240 648,368 SH   SOLE   648,368 0 0
EBAY INC. COM 278642103   13,510,923 218,094 SH   SOLE   218,094 0 0
EXXON MOBIL CORP COM 30231G102   7,818,510 72,683 SH   SOLE   72,683 0 0
FEDEX CORP COM 31428X106   9,649,619 34,300 SH   SOLE   34,300 0 0
HARLEY DAVIDSON INC COM 412822108   9,331,864 309,720 SH   SOLE   309,720 0 0
HCA HEALTHCARE INC COM 40412C101   14,917,455 49,700 SH   SOLE   49,700 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   16,834,740 1,319,337 SH   SOLE   1,319,337 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100   22,615,215 304,500 SH   SOLE   304,500 0 0
MICRON TECHNOLOGY INC COM 595112103   5,098,076 60,576 SH   SOLE   60,576 0 0
MEDTRONIC PLC SHS G5960L103   23,665,329 296,261 SH   SOLE   296,261 0 0
ROBERT HALF INC. COM 770323103   21,736,910 308,500 SH   SOLE   308,500 0 0
NOV INC COM 62955J103   9,471,020 648,700 SH   SOLE   648,700 0 0
POLARIS INC COM 731068102   15,799,404 274,200 SH   SOLE   274,200 0 0
SOUTHWEST AIRLS CO COM 844741108   37,979,942 1,129,683 SH   SOLE   1,129,683 0 0
STANLEY BLACK & DECKER INC COM 854502101   14,243,446 177,400 SH   SOLE   177,400 0 0
GILEAD SCIENCES INC COM 375558103   13,938,633 150,900 SH   SOLE   150,900 0 0
SOLVENTUM CORP COM SHS 83444M101   4,855,410 73,500 SH   SOLE   73,500 0 0
VALE S A SPONSORED ADS 91912E105   16,052,039 1,809,700 SH   SOLE   1,809,700 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108   9,423,300 1,010,000 SH   SOLE   1,010,000 0 0
SUNRISE COMMUNICATIONS AG ADS CL A 867975104   14,227,041 330,247 SH   SOLE   330,247 0 0
AMBEV SA SPONSORED ADR 02319V103   23,602,855 12,758,300 SH   SOLE   12,758,300 0 0
SEALED AIR CORP NEW COM 81211K100   15,507,672 458,400 SH   SOLE   458,400 0 0
SYSCO CORP COM 871829107   14,060,994 183,900 SH   SOLE   183,900 0 0
TENARIS S A COM 88031M109   11,055,805 292,559 SH   SOLE   292,559 0 0