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        <name>Analog Devices Inc.</name>
        <lei>GYVOE5EZ4GDAVTU4CQ61</lei>
        <title>Analog Devices, Inc. </title>
        <cusip>032654105</cusip>
        <identifiers>
          <isin value="US0326541051"/>
        </identifiers>
        <balance>120300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10784895.00</valUSD>
        <pctVal>1.017683147214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Genpact Limited</name>
        <lei>529900OSEC6Q0L4L5B35</lei>
        <title>Genpact Ltd. </title>
        <cusip>G3922B107</cusip>
        <identifiers>
          <isin value="BMG3922B1072"/>
        </identifiers>
        <balance>741600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21654720.00000000</valUSD>
        <pctVal>2.043380450309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Graco Inc</name>
        <lei>4T5VJ4S81BRT6Q7GGT78</lei>
        <title>Graco, Inc. </title>
        <cusip>384109104</cusip>
        <identifiers>
          <isin value="US3841091040"/>
        </identifiers>
        <balance>716650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34922354.50000000</valUSD>
        <pctVal>3.295339605595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ross Stores Inc</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
        <title>Ross Stores, Inc. </title>
        <cusip>778296103</cusip>
        <identifiers>
          <isin value="US7782961038"/>
        </identifiers>
        <balance>810688.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>70505535.36000000</valUSD>
        <pctVal>6.653036039868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carmax Inc</name>
        <lei>529900F60CID3NCZM330</lei>
        <title>CarMax, Inc. </title>
        <cusip>143130102</cusip>
        <identifiers>
          <isin value="US1431301027"/>
        </identifiers>
        <balance>634900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34176667.00000000</valUSD>
        <pctVal>3.224975118798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Autozone, Inc.</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AutoZone, Inc. </title>
        <cusip>053332102</cusip>
        <identifiers>
          <isin value="US0533321024"/>
        </identifiers>
        <balance>26700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22588200.00000000</valUSD>
        <pctVal>2.131465393581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marriott International, Inc.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>Marriott International, Inc. Class A</title>
        <cusip>571903202</cusip>
        <identifiers>
          <isin value="US5719032022"/>
        </identifiers>
        <balance>113800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8513378.00000000</valUSD>
        <pctVal>0.803338494854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Air Products &amp; Chemicals, Inc.</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>Air Products &amp; Chemicals, Inc. </title>
        <cusip>009158106</cusip>
        <identifiers>
          <isin value="US0091581068"/>
        </identifiers>
        <balance>175500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35031555.00000000</valUSD>
        <pctVal>3.305643971889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EOG Resources, Inc.</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
        <title>EOG Resources, Inc. </title>
        <cusip>26875P101</cusip>
        <identifiers>
          <isin value="US26875P1012"/>
        </identifiers>
        <balance>473000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16990160.00000000</valUSD>
        <pctVal>1.603223721739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Illinois Tool Works Inc.</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
        <title>Illinois Tool Works, Inc. </title>
        <cusip>452308109</cusip>
        <identifiers>
          <isin value="US4523081093"/>
        </identifiers>
        <balance>289950.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>41207694.00000000</valUSD>
        <pctVal>3.888436161813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Black Knight Inc</name>
        <lei>549300TUSNXS3BFFML48</lei>
        <title>Black Knight, Inc. </title>
        <cusip>09215C105</cusip>
        <identifiers>
          <isin value="US09215C1053"/>
        </identifiers>
        <balance>508611.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29529954.66000000</valUSD>
        <pctVal>2.786502529276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stryker Corporation</name>
        <lei>5493002F0SC4JTBU5137</lei>
        <title>Stryker Corporation </title>
        <cusip>863667101</cusip>
        <identifiers>
          <isin value="US8636671013"/>
        </identifiers>
        <balance>191000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31799590.00000000</valUSD>
        <pctVal>3.000669624629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fortune Brands Home &amp; Security Inc</name>
        <lei>54930032LHW54PQUJD44</lei>
        <title>Fortune Brands Home &amp; Security, Inc. </title>
        <cusip>34964C106</cusip>
        <identifiers>
          <isin value="US34964C1062"/>
        </identifiers>
        <balance>172000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7439000.00000000</valUSD>
        <pctVal>0.701958149071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Landstar Systems</name>
        <lei>254900CUQXQRL09MEI52</lei>
        <title>Landstar System, Inc. </title>
        <cusip>515098101</cusip>
        <identifiers>
          <isin value="US5150981018"/>
        </identifiers>
        <balance>230721.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22116915.06000000</valUSD>
        <pctVal>2.086994052786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUM Brands Inc</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>Yum! Brands, Inc. </title>
        <cusip>988498101</cusip>
        <identifiers>
          <isin value="US9884981013"/>
        </identifiers>
        <balance>62600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4289978.00000000</valUSD>
        <pctVal>0.404810460604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Price T Rowe Group</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>T. Rowe Price Group, Inc. </title>
        <cusip>74144T108</cusip>
        <identifiers>
          <isin value="US74144T1088"/>
        </identifiers>
        <balance>214390.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20935183.50000000</valUSD>
        <pctVal>1.975483621471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M&amp;T Bank Corporation</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corporation </title>
        <cusip>55261F104</cusip>
        <identifiers>
          <isin value="US55261F1049"/>
        </identifiers>
        <balance>179000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18513970.00000000</valUSD>
        <pctVal>1.747013323452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>South State Corporation</name>
        <lei>549300JZUANXM0YQ4W53</lei>
        <title>South State Corporation </title>
        <cusip>840441109</cusip>
        <identifiers>
          <isin value="US8404411097"/>
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        <balance>388110.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22793700.30000000</valUSD>
        <pctVal>2.150856791648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Markel Corporation</name>
        <lei>549300SCNO12JLWIK605</lei>
        <title>Markel Corporation </title>
        <cusip>570535104</cusip>
        <identifiers>
          <isin value="US5705351048"/>
        </identifiers>
        <balance>60850.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56462106.50000000</valUSD>
        <pctVal>5.327871457373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Berkshire Hathaway Inc.</name>
        <lei>5493000C01ZX7D35SD85</lei>
        <title>Berkshire Hathaway, Inc. Class A</title>
        <cusip>084670108</cusip>
        <identifiers>
          <isin value="US0846701086"/>
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        <balance>165.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44880000.00000000</valUSD>
        <pctVal>4.234961920999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avery Dennison Corporation</name>
        <lei>549300PW7VPFCYKLIV37</lei>
        <title>Avery Dennison Corporation </title>
        <cusip>053611109</cusip>
        <identifiers>
          <isin value="US0536111091"/>
        </identifiers>
        <balance>187000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19049690.00000000</valUSD>
        <pctVal>1.797564878717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Susan Conti</ncom:nameOfApplicant>
      <ncom:signature>Susan Conti</ncom:signature>
      <ncom:signerName>Susan Conti</ncom:signerName>
      <ncom:title>Senior Fund Accounting Manager</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
