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
ADOBE SYSTEMS INCORPORATED COM 00724F101 11,044 30,170 SH   SOLE   30,170 0 0
AFFILIATED MANAGERS GROUP IN COM 008252108 19,376 166,178 SH   SOLE   166,178 0 0
ALLSTATE CORP COM 020002101 20,873 164,707 SH   SOLE   164,707 0 0
ALLY FINL INC COM 02005N100 8,654 258,261 SH   SOLE   258,261 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 24,319 475,626 SH   SOLE   475,626 0 0
AON PLC SHS CL A G0403H108 31,169 115,579 SH   SOLE   115,579 0 0
APOLLO GLOBAL MGMT INC COM 03769M106 13,452 277,475 SH   SOLE   277,475 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101 259 4,559 SH   SOLE   4,559 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7,263 26,602 SH   SOLE   26,602 0 0
BGC PARTNERS INC CL A 05541T101 643 190,684 SH   SOLE   190,684 0 0
BK OF AMERICA CORP COM 060505104 57,803 1,856,820 SH   SOLE   1,856,820 0 0
BLACK KNIGHT INC COM 09215C105 6,073 92,879 SH   SOLE   92,879 0 0
BROWN & BROWN INC COM 115236101 11,278 193,323 SH   SOLE   193,323 0 0
CAPITAL ONE FINL CORP COM 14040H105 25,957 249,136 SH   SOLE   249,136 0 0
CARLYLE GROUP INC COM 14316J108 11,020 348,064 SH   SOLE   348,064 0 0
CBOE GLOBAL MKTS INC COM 12503M108 37,793 333,887 SH   SOLE   333,887 0 0
CIGNA CORP NEW COM 125523100 14,354 54,472 SH   SOLE   54,472 0 0
CITIZENS FINL GROUP INC COM 174610105 19,936 558,580 SH   SOLE   558,580 0 0
CNA FINL CORP COM 126117100 2,177 48,487 SH   SOLE   48,487 0 0
COSTAR GROUP INC COM 22160N109 7,592 125,676 SH   SOLE   125,676 0 0
COUPA SOFTWARE INC COM 22266L106 1,813 31,754 SH   SOLE   31,754 0 0
CVS HEALTH CORP COM 126650100 10,673 115,188 SH   SOLE   115,188 0 0
DUN & BRADSTREET HLDGS INC COM 26484T106 1,827 121,559 SH   SOLE   121,559 0 0
ECOLAB INC COM 278865100 437 2,841 SH   SOLE   2,841 0 0
ELEVANCE HEALTH INC COM 036752103 24,809 51,409 SH   SOLE   51,409 0 0
EQUIFAX INC COM 294429105 8,083 44,224 SH   SOLE   44,224 0 0
EQUITABLE HLDGS INC COM 29452E101 7,327 281,039 SH   SOLE   281,039 0 0
EVEREST RE GROUP LTD COM G3223R108 43,700 155,915 SH   SOLE   155,915 0 0
FACTSET RESH SYS INC COM 303075105 9,430 24,522 SH   SOLE   24,522 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 2,720 73,595 SH   SOLE   73,595 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 1,279 13,950 SH   SOLE   13,950 0 0
FISERV INC COM 337738108 10,139 113,955 SH   SOLE   113,955 0 0
FRANKLIN RESOURCES INC COM 354613101 20,236 868,128 SH   SOLE   868,128 0 0
GALLAGHER ARTHUR J & CO COM 363576109 19,741 121,080 SH   SOLE   121,080 0 0
GARTNER INC COM 366651107 9,992 41,319 SH   SOLE   41,319 0 0
GLOBAL PMTS INC COM 37940X102 19,778 178,763 SH   SOLE   178,763 0 0
GLOBE LIFE INC COM 37959E102 10,674 109,512 SH   SOLE   109,512 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 49,571 166,895 SH   SOLE   166,895 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 49,269 753,003 SH   SOLE   753,003 0 0
HOULIHAN LOKEY INC CL A 441593100 916 11,608 SH   SOLE   11,608 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 21,131 384,133 SH   SOLE   384,133 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 67,516 717,947 SH   SOLE   717,947 0 0
INTUIT COM 461202103 8,341 21,640 SH   SOLE   21,640 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 5,043 37,568 SH   SOLE   37,568 0 0
JONES LANG LASALLE INC COM 48020Q107 10,098 57,751 SH   SOLE   57,751 0 0
KEYCORP COM 493267108 27,775 1,612,009 SH   SOLE   1,612,009 0 0
LINCOLN NATL CORP IND COM 534187109 7,667 163,939 SH   SOLE   163,939 0 0
LOWES COS INC COM 548661107 2,309 13,221 SH   SOLE   13,221 0 0
M & T BK CORP COM 55261F104 22,572 141,617 SH   SOLE   141,617 0 0
MARKEL CORP COM 570535104 25,793 19,944 SH   SOLE   19,944 0 0
MARKETAXESS HLDGS INC COM 57060D108 3,298 12,884 SH   SOLE   12,884 0 0
MASTERCARD INCORPORATED CL A 57636Q104 27,639 87,608 SH   SOLE   87,608 0 0
MOLINA HEALTHCARE INC COM 60855R100 436 1,561 SH   SOLE   1,561 0 0
MORGAN STANLEY COM NEW 617446448 10,093 132,703 SH   SOLE   132,703 0 0
NERDWALLET INC COM CL A 64082B102 386 48,630 SH   SOLE   48,630 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 8,945 979,753 SH   SOLE   979,753 0 0
NVR INC COM 62944T105 4,641 1,159 SH   SOLE   1,159 0 0
PAYPAL HLDGS INC COM 70450Y103 5,977 85,577 SH   SOLE   85,577 0 0
PENNYMAC FINL SVCS INC NEW COM 70932M107 843 19,293 SH   SOLE   19,293 0 0
PRIMERICA INC COM 74164M108 868 7,249 SH   SOLE   7,249 0 0
PROLOGIS INC. COM 74340W103 2,574 21,876 SH   SOLE   21,876 0 0
PULTE GROUP INC COM 745867101 26,868 677,979 SH   SOLE   677,979 0 0
RAYMOND JAMES FINL INC COM 754730109 24,508 274,103 SH   SOLE   274,103 0 0
REINSURANCE GRP OF AMERICA I COM NEW 759351604 20,376 173,719 SH   SOLE   173,719 0 0
SALESFORCE INC COM 79466L302 983 5,955 SH   SOLE   5,955 0 0
SCHWAB CHARLES CORP COM 808513105 25,922 410,292 SH   SOLE   410,292 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,238 8,584 SH   SOLE   8,584 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 15,495 266,825 SH   SOLE   266,825 0 0
STATE STR CORP COM 857477103 40,183 651,789 SH   SOLE   651,789 0 0
SVB FINANCIAL GROUP COM 78486Q101 1,516 3,838 SH   SOLE   3,838 0 0
TARGET CORP COM 87612E106 5,298 37,515 SH   SOLE   37,515 0 0
THOMSON REUTERS CORP. COM NEW 884903709 7,638 73,297 SH   SOLE   73,297 0 0
TOAST INC CL A 888787108 378 29,184 SH   SOLE   29,184 0 0
TOLL BROTHERS INC COM 889478103 5,386 120,759 SH   SOLE   120,759 0 0
TRADEWEB MKTS INC CL A 892672106 369 5,405 SH   SOLE   5,405 0 0
TRANSUNION COM 89400J107 20,210 252,656 SH   SOLE   252,656 0 0
TRINET GROUP INC COM 896288107 8,330 107,316 SH   SOLE   107,316 0 0
TRUIST FINL CORP COM 89832Q109 82,347 1,736,176 SH   SOLE   1,736,176 0 0
UNUM GROUP COM 91529Y106 2,622 77,067 SH   SOLE   77,067 0 0
US BANCORP DEL COM NEW 902973304 37,718 819,606 SH   SOLE   819,606 0 0
VIRTU FINL INC CL A 928254101 864 36,928 SH   SOLE   36,928 0 0
VOYA FINANCIAL INC COM 929089100 23,643 397,159 SH   SOLE   397,159 0 0
WALMART INC COM 931142103 1,380 11,352 SH   SOLE   11,352 0 0
WASTE CONNECTIONS INC COM 94106B101 373 3,009 SH   SOLE   3,009 0 0
WELLS FARGO CO NEW COM 949746101 37,297 952,182 SH   SOLE   952,182 0 0
WEX INC COM 96208T104 1,103 7,089 SH   SOLE   7,089 0 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103 26,234 132,905 SH   SOLE   132,905 0 0