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
ALLSTATE CORP COM 020002101 28,903 262,918 SH   SOLE   262,918 0 0
ALLY FINL INC COM 02005N100 1,535 43,051 SH   SOLE   43,051 0 0
AMERICAN EXPRESS CO COM 025816109 13,044 107,884 SH   SOLE   107,884 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,980 52,306 SH   SOLE   52,306 0 0
AMERIPRISE FINL INC COM 03076C106 14,128 72,701 SH   SOLE   72,701 0 0
AON PLC SHS CL A G0403H108 10,890 51,545 SH   SOLE   51,545 0 0
APOLLO GLOBAL MGMT INC COM CL A 03768E105 3,702 75,584 SH   SOLE   75,584 0 0
ASSURANT INC COM 04621X108 11,244 82,541 SH   SOLE   82,541 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 33,482 190,023 SH   SOLE   190,023 0 0
AXIS CAP HLDGS LTD SHS G0692U109 2,927 58,090 SH   SOLE   58,090 0 0
BANK NEW YORK MELLON CORP COM 064058100 86,620 2,041,007 SH   SOLE   2,041,007 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 30,311 130,723 SH   SOLE   130,723 0 0
BK OF AMERICA CORP COM 060505104 42,958 1,417,285 SH   SOLE   1,417,285 0 0
BROWN & BROWN INC COM 115236101 6,049 127,598 SH   SOLE   127,598 0 0
CAPITAL ONE FINL CORP COM 14040H105 23,430 237,023 SH   SOLE   237,023 0 0
CARLYLE GROUP INC COM 14316J108 5,500 174,946 SH   SOLE   174,946 0 0
CBOE GLOBAL MKTS INC COM 12503M108 2,865 30,765 SH   SOLE   30,765 0 0
CHUBB LIMITED COM H1467J104 3,502 22,751 SH   SOLE   22,751 0 0
CIGNA CORP NEW COM 125523100 1,722 8,271 SH   SOLE   8,271 0 0
CNA FINL CORP COM 126117100 553 14,203 SH   SOLE   14,203 0 0
EQUITABLE HLDGS INC COM 29452E101 7,573 295,948 SH   SOLE   295,948 0 0
ESSENT GROUP LTD COM G3198U102 5,042 116,722 SH   SOLE   116,722 0 0
EVEREST RE GROUP LTD COM G3223R108 3,061 13,077 SH   SOLE   13,077 0 0
FACTSET RESH SYS INC COM 303075105 15,387 46,276 SH   SOLE   46,276 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 16,620 117,489 SH   SOLE   117,489 0 0
FIRST AMERN FINL CORP COM 31847R102 1,469 28,453 SH   SOLE   28,453 0 0
FISERV INC COM 337738108 6,653 58,435 SH   SOLE   58,435 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 1,608 5,893 SH   SOLE   5,893 0 0
GARTNER INC COM 366651107 4,496 28,067 SH   SOLE   28,067 0 0
GLOBE LIFE INC COM 37959E102 5,088 53,579 SH   SOLE   53,579 0 0
GOHEALTH INC COM CL A 38046W105 1,544 113,061 SH   SOLE   113,061 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 49,122 186,272 SH   SOLE   186,272 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 21,357 436,031 SH   SOLE   436,031 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 2,590 22,462 SH   SOLE   22,462 0 0
LENDINGTREE INC NEW COM 52603B107 969 3,538 SH   SOLE   3,538 0 0
LENNAR CORP CL A 526057104 900 11,804 SH   SOLE   11,804 0 0
MARKEL CORP COM 570535104 8,774 8,491 SH   SOLE   8,491 0 0
PAYPAL HLDGS INC COM 70450Y103 1,142 4,878 SH   SOLE   4,878 0 0
PRICE T ROWE GROUP INC COM 74144T108 5,733 37,872 SH   SOLE   37,872 0 0
PRINCIPAL FINANCIAL GROUP IN COM 74251V102 2,098 42,281 SH   SOLE   42,281 0 0
PRUDENTIAL FINL INC COM 744320102 30,784 394,311 SH   SOLE   394,311 0 0
PULTE GROUP INC COM 745867101 2,638 61,180 SH   SOLE   61,180 0 0
RAYMOND JAMES FINL INC COM 754730109 4,839 50,576 SH   SOLE   50,576 0 0
ROCKET COS INC COM CL A 77311W101 2,832 140,045 SH   SOLE   140,045 0 0
S&P GLOBAL INC COM 78409V104 15,084 45,885 SH   SOLE   45,885 0 0
SEI INVTS CO COM 784117103 2,160 37,582 SH   SOLE   37,582 0 0
SELECTQUOTE INC COM 816307300 299 14,392 SH   SOLE   14,392 0 0
STATE STR CORP COM 857477103 9,202 126,438 SH   SOLE   126,438 0 0
THOMSON REUTERS CORP. COM NEW 884903709 12,321 150,452 SH   SOLE   150,452 0 0
TOLL BROTHERS INC COM 889478103 22,681 521,771 SH   SOLE   521,771 0 0
TRADEWEB MKTS INC CL A 892672106 7,586 121,466 SH   SOLE   121,466 0 0
TRUIST FINL CORP COM 89832Q109 7,140 148,976 SH   SOLE   148,976 0 0
UNUM GROUP COM 91529Y106 1,824 79,526 SH   SOLE   79,526 0 0
US BANCORP DEL COM NEW 902973304 66,451 1,426,300 SH   SOLE   1,426,300 0 0
VIRTU FINL INC CL A 928254101 2,695 107,089 SH   SOLE   107,089 0 0
VISA INC COM CL A 92826C839 32,899 150,410 SH   SOLE   150,410 0 0
VOYA FINANCIAL INC COM 929089100 9,146 155,524 SH   SOLE   155,524 0 0
WELLS FARGO CO NEW COM 949746101 37,681 1,248,555 SH   SOLE   1,248,555 0 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103 11,089 52,635 SH   SOLE   52,635 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 271 2,087 SH   SOLE   2,087 0 0