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

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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
Alphabet Inc Class C 02079K107   156,230,000 1,000,000 SH   SOLE   1,000,000 0 0
Alibaba Sponsored ADS 01609W102   66,115,000 500,000 SH   SOLE   500,000 0 0
Ameris Bancorp COM 03076K108   23,028,000 400,000 SH   SOLE   400,000 0 0
Arch Capital Group LTD COM G0450A105   52,899,000 550,000 SH   SOLE   550,000 0 0
Berkshire Hathaway Inc Del Cl A Frmly CL A 084670108   95,812,992 120 SH   SOLE   120 0 0
Berkshire Hathaway Inc Del Cl B Frmly CL B 084670702   95,864,400 180,000 SH   SOLE   180,000 0 0
AXOS Financial Inc COM 05465C100   94,019,770 1,457,219 SH   SOLE   1,457,219 0 0
CNB Financial Corp PA COM 126128107   15,575,000 700,000 SH   SOLE   700,000 0 0
Carlyle Group COM 14316J108   65,385,000 1,500,000 SH   SOLE   1,500,000 0 0
Chubb Limited COM H1467J104   135,895,500 450,000 SH   SOLE   450,000 0 0
Corebridge Financial COM 21871X109   110,495,000 3,500,000 SH   SOLE   3,500,000 0 0
Meta Platforms Cl A 30303M102   288,180,000 500,000 SH   SOLE   500,000 0 0
Equity Residential SH BEN INT 29476L107   57,264,000 800,000 SH   SOLE   800,000 0 0
Five Star Bancorp COM 33830T103   42,019,700 1,511,500 SH   SOLE   1,511,500 0 0
Global Payments Inc. COM 37940X102   137,088,000 1,400,000 SH   SOLE   1,400,000 0 0
Jones Lange Lasalle Inc. COM 48020Q107   32,066,167 129,346 SH   SOLE   129,346 0 0
KKR & Co. COM 48248M102   11,561,000 100,000 SH   SOLE   100,000 0 0
M&T Bank COM 55261F104   58,093,750 325,000 SH   SOLE   325,000 0 0
Markel COM 570535104   93,480,500 50,000 SH   SOLE   50,000 0 0
Mastercard Inc COM 57636Q104   46,590,200 85,000 SH   SOLE   85,000 0 0
Old Second Bancorp COM 680277100   18,304,000 1,100,000 SH   SOLE   1,100,000 0 0
Raymond James Financial Inc COM 754730109   37,505,700 270,000 SH   SOLE   270,000 0 0
Servisfirst Bancshares Inc COM 81768T108   63,070,221 763,562 SH   SOLE   763,562 0 0
Southern States Bancshares COM 843878307   27,672,145 774,046 SH   SOLE   774,046 0 0
State Street Corp COM 857477103   107,436,000 1,200,000 SH   SOLE   1,200,000 0 0
Timberland Bancorp Inc COM 887098101   5,260,451 174,476 SH   SOLE   174,476 0 0
TriCo Bancshares COM 896095106   40,801,376 1,020,800 SH   SOLE   1,020,800 0 0
US Bancorp Del Com New COM 902973304   25,332,000 600,000 SH   SOLE   600,000 0 0
Visa Inc Com COM 92826C839   105,138,000 300,000 SH   SOLE   300,000 0 0
Webster Financial Corp COM 947890109   103,100,000 2,000,000 SH   SOLE   2,000,000 0 0
Western Alliance Bancorp COM 957638109   192,075,000 2,500,000 SH   SOLE   2,500,000 0 0