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
3M CO COM 88579Y101 4,161 24,007 SH   SOLE   24,007 0 0
CARLISLE COS INC COM 142339100 4,086 29,103 SH   SOLE   29,103 0 0
CARMAX INC COM 143130102 3,088 35,558 SH   SOLE   35,558 0 0
COLGATE PALMOLIVE CO COM 194162103 6,430 89,716 SH   SOLE   89,716 0 0
COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 204429104 7,085 250,806 SH   SOLE   250,806 0 0
COVETRUS INC COM 22304C100 2,784 113,817 SH   SOLE   113,817 0 0
DENTSPLY SIRONA INC COM 24906P109 4,692 80,400 SH   SOLE   80,400 0 0
EMERSON ELEC CO COM 291011104 4,277 64,106 SH   SOLE   64,106 0 0
GENERAL ELECTRIC CO COM 369604103 4,200 400,000 SH   SOLE   400,000 0 0
GRAINGER W W INC COM 384802104 4,064 15,150 SH   SOLE   15,150 0 0
HENRY SCHEIN INC COM 806407102 8,221 117,609 SH   SOLE   117,609 0 0
LEO HOLDINGS CORP COM CL A G5463L105 3,391 330,163 SH   SOLE   330,163 0 0
MCDONALDS CORP COM 580135101 2,188 10,536 SH   SOLE   10,536 0 0
MOHAWK INDS INC COM 608190104 7,817 53,009 SH   SOLE   53,009 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 2,765 204,068 SH   SOLE   204,068 0 0
MOSAIC CO NEW COM 61945C103 11,994 479,163 SH   SOLE   479,163 0 0
NOW INC COM 67011P100 3,982 269,794 SH   SOLE   269,794 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 3,770 10,208 SH   SOLE   10,208 0 0
PERRIGO CO PLC SHS G97822103 10,740 225,535 SH   SOLE   225,535 0 0
SCOTTS MIRACLE GRO CO CL A 810186106 5,146 52,240 SH   SOLE   52,240 0 0
SONOCO PRODS CO COM 835495102 3,060 46,826 SH   SOLE   46,826 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 21,400 160,661 SH   SOLE   160,661 0 0
STATE STR CORP COM 857477103 3,139 56,000 SH   SOLE   56,000 0 0
TAPESTRY INC COM 876030107 5,576 175,726 SH   SOLE   175,726 0 0
TARGET CORP COM 87612E106 4,323 49,918 SH   SOLE   49,918 0 0
TJX COS INC NEW COM 872540109 2,808 53,106 SH   SOLE   53,106 0 0
UNITED TECHNOLOGIES CORP COM 913017109 3,835 29,455 SH   SOLE   29,455 0 0
VENTAS INC COM 92276F100 4,483 65,590 SH   SOLE   65,590 0 0
VERSUM MATLS INC COM 92532W103 6,602 128,000 SH   SOLE   128,000 0 0