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 GOOG 02079K107   13,882,350 57,000 SH   SOLE   57,000 0 0
AutoZone, Inc. AZO 053332102   8,580,480 2,000 SH   SOLE   2,000 0 0
The Progressive Corporation PGR 743315103   8,248,130 33,400 SH   SOLE   33,400 0 0
American Express Company AXP 025816109   7,672,896 23,100 SH   SOLE   23,100 0 0
JPMorgan Chase & Co. JPM 46625H100   7,570,320 24,000 SH   SOLE   24,000 0 0
UnitedHealth Group Incorporated UNH 91324P102   7,493,010 21,700 SH   SOLE   21,700 0 0
The TJX Companies, Inc. TJX 872540109   6,793,380 47,000 SH   SOLE   47,000 0 0
Microsoft Corporation MSFT 594918104   6,629,760 12,800 SH   SOLE   12,800 0 0
Bank of America Corporation BAC 060505104   6,500,340 126,000 SH   SOLE   126,000 0 0
Visa Inc. - Class A V 92826C839   6,076,564 17,800 SH   SOLE   17,800 0 0
NVR, Inc. NVR 62944T105   5,543,915 690 SH   SOLE   690 0 0
Eagle Materials Inc. EXP 26969P108   5,383,224 23,100 SH   SOLE   23,100 0 0
MasterCard Incorporated - Class A MA 57636Q104   5,335,438 9,380 SH   SOLE   9,380 0 0
Ross Stores, Inc. ROST 778296103   5,287,933 34,700 SH   SOLE   34,700 0 0
S&P Global, Inc. SPGI 78409V104   4,526,403 9,300 SH   SOLE   9,300 0 0
Dream Finders Homes, Inc. Class A DFH 26154D100   4,419,360 170,500 SH   SOLE   170,500 0 0
Moody's Corporation MCO 615369105   3,954,784 8,300 SH   SOLE   8,300 0 0
Berkshire Hathaway Inc. - Class B BRK.B.N 084670702   3,770,550 7,500 SH   SOLE   7,500 0 0
Revvity, Inc. RVTY 714046109   964,150 11,000 SH   SOLE   11,000 0 0