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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Abbott Labs COM 002824100   1,565,475 11,510 SH   SOLE   11,510 0 0
AbbVie Inc COM 00287Y109   2,303,544 12,410 SH   SOLE   12,410 0 0
Alphabet Inc Cl A COM 02079K305   2,771,922 15,729 SH   SOLE   12,499 0 3,230
Alphabet Inc Cl C COM 02079K107   902,971,333 5,090,317 SH   SOLE   4,948,840 0 141,477
Altria Group Inc COM 02209S103   11,224,152 191,440 SH   SOLE   191,440 0 0
American Express COM 025816109   4,348,973 13,634 SH   SOLE   13,070 0 564
Apple Inc COM 037833100   1,056,420 5,149 SH   SOLE   3,699 0 1,450
Berkshire Hathaway Inc Cl A COM 084670108   1,183,571,200 1,624 SH   SOLE   1,527 0 97
Berkshire Hathaway Inc Cl B COM 084670702   560,853,526 1,154,566 SH   SOLE   1,108,567 0 45,999
Brown-Forman Corp Cl A COM 115637100   50,191,769 1,827,148 SH   SOLE   1,795,479 0 31,669
Brown-Forman Corp Cl B COM 115637209   20,950,005 778,521 SH   SOLE   712,996 0 65,525
Chevron Corp COM 166764100   382,317 2,670 SH   SOLE   2,670 0 0
Coca-Cola COM 191216100   965,030 13,640 SH   SOLE   13,640 0 0
Comcast Corp New Cl A COM 20030N101   91,293,790 2,557,966 SH   SOLE   2,451,953 0 106,013
Costco Whsl Corp COM 22160K105   4,585,964 4,633 SH   SOLE   4,508 0 125
Crane Company COM 224408104   11,270,921 59,355 SH   SOLE   55,055 0 4,300
Disney Walt Productions COM 254687106   349,478 2,818 SH   SOLE   2,800 0 18
Doordash Inc Cl A COM 25809K105   238,316,008 966,760 SH   SOLE   942,122 0 24,638
Dover Corp COM 260003108   3,948,790 21,551 SH   SOLE   18,576 0 2,975
Exxon Mobil Corp COM 30231G102   20,514,478 190,301 SH   SOLE   188,701 0 1,600
FB Bancorp Inc COM 31425A109   618,750 55,000 SH   SOLE   55,000 0 0
Fomento Economico Mex Sponsore COM 344419106   346,837 3,368 SH   SOLE   3,318 0 50
Fulton Finl Corp COM 360271100   1,230,328 68,200 SH   SOLE   6,700 0 61,500
Generac Holdings Inc COM 368736104   809,137 5,650 SH   SOLE   5,650 0 0
Herc Holdings Inc COM 42704l104   1,112,781 8,450 SH   SOLE   8,450 0 0
Hormel Foods Corp COM 440452100   1,076,325 35,581 SH   SOLE   28,097 0 7,484
Hyatt Hotels Corp Cl A COM 448579102   1,211,464 8,675 SH   SOLE   8,675 0 0
J.P. Morgan Chase COM 46625H100   166,321,367 573,700 SH   SOLE   560,967 0 12,733
JBT Marel Corp COM 477839104   871,885 7,250 SH   SOLE   7,250 0 0
Lamar Advertising Co-A COM 512816109   725,005 5,974 SH   SOLE   5,974 0 0
Levi Strauss & Co Cl A COM 52736r102   882,435 47,725 SH   SOLE   47,725 0 0
Markel Corp COM 570535104   16,264,502 8,143 SH   SOLE   7,033 0 1,110
Martin Marietta Materials COM 573284106   391,286,919 712,779 SH   SOLE   677,179 0 35,599
Mastercard Inc Cl A COM 57636Q104   945,773,656 1,683,051 SH   SOLE   1,608,909 0 74,142
McCormick Inc COM 579780206   3,182,620 41,976 SH   SOLE   38,126 0 3,850
McDonalds Corp COM 580135101   205,980 705 SH   SOLE   705 0 0
Microsoft Corp COM 594918104   2,109,018 4,240 SH   SOLE   3,840 0 400
Nestle SA Sponsored ADR COM 641069406   597,393,236 6,014,833 SH   SOLE   5,799,042 0 215,791
Netflix Inc COM 64110L106   726,255,729 542,334 SH   SOLE   527,572 0 14,762
Oracle Corp COM 68389X105   759,739 3,475 SH   SOLE   3,475 0 0
Outfront Media Inc COM 69007J304   256,061 15,690 SH   SOLE   15,515 0 175
Pepsico Inc COM 713448108   1,447,133 10,960 SH   SOLE   10,360 0 600
Philip Morris International In COM 718172109   887,578,954 4,873,326 SH   SOLE   4,715,617 0 157,710
PNC Bank Corp COM 693475105   736,359 3,950 SH   SOLE   3,950 0 0
Procter & Gamble COM 742718109   1,739,774 10,920 SH   SOLE   10,304 0 616
Ralph Lauren Corp Cl A COM 751212101   1,124,548 4,100 SH   SOLE   4,100 0 0
Truist Financial Corp COM 89832Q109   398,967 9,280 SH   SOLE   9,280 0 0
Uber Technologies Inc COM 90353T100   456,864,163 4,896,722 SH   SOLE   4,755,899 0 140,823
Union Pac Corp COM 907818108   5,686,491 24,715 SH   SOLE   24,715 0 0
Unum Group COM 91529Y106   306,888 3,800 SH   SOLE   3,800 0 0
Visa Inc Cl A COM 92826C839   45,071,467 126,944 SH   SOLE   113,183 0 13,761
Vulcan Materials COM 929160109   2,650,453 10,162 SH   SOLE   9,562 0 600
Wal Mart Stores Inc COM 931142103   993,934 10,165 SH   SOLE   10,165 0 0
Warby Parker Inc Cl A COM 93403j106   1,271,940 58,000 SH   SOLE   58,000 0 0
Wells Fargo COM 949746101   1,830,571 22,848 SH   SOLE   14,148 0 8,700
Yeti Holdings Inc COM 98585x104   756,480 24,000 SH   SOLE   24,000 0 0
Anheuser-Busch InBev SA COM B639CJ108   20,256,557 296,300 SH   SOLE   279,742 0 16,558
Ashtead Group PLC COM G05320109   371,777,229 5,810,686 SH   SOLE   5,639,527 0 171,159
Carlsberg B A/S COM K36628137   1,689,667 11,967 SH   SOLE   11,502 0 465
Cofide SPA COM T19404101   172,534 251,250 SH   SOLE   251,250 0 0
Compagnie Financiere Richemont COM H25662182   699,995,825 3,728,315 SH   SOLE   3,599,027 0 129,288
Davide Campari-Milano NV COM N24565108   1,571,062 234,393 SH   SOLE   226,768 0 7,625
De'Longhi COM t3508h102   1,179,279 35,250 SH   SOLE   35,250 0 0
Deliveroo PLC COM g27035107   940,074 390,000 SH   SOLE   390,000 0 0
Demant A/S COM k3008m105   1,704,302 41,000 SH   SOLE   41,000 0 0
Diageo PLC COM G42089113   202,329 8,077 SH   SOLE   8,077 0 0
Electrolux Professional COM w2457w116   1,233,789 175,500 SH   SOLE   175,500 0 0
Fielmann COM d2617n114   1,530,818 23,000 SH   SOLE   23,000 0 0
Fluidra COM e52619108   1,318,938 53,000 SH   SOLE   53,000 0 0
H&M COM w41422101   892,470 64,000 SH   SOLE   64,000 0 0
Hanjaya Mandala Sampoerna COM Y7121Z146   184,786 5,000,000 SH   SOLE   5,000,000 0 0
Heineken Holding NV COM N39338194   625,941,848 8,430,646 SH   SOLE   8,188,325 0 242,321
Heineken NV COM N39427211   1,314,708 15,131 SH   SOLE   12,231 0 2,900
Konecranes COM x4550j108   1,869,741 23,650 SH   SOLE   23,650 0 0
Lindt & Spruengli AG - Reg COM H49983176   2,491,206 15 SH   SOLE   15 0 0
Loreal SA COM F58149133   1,726,211 4,050 SH   SOLE   4,050 0 0
Lotus Bakeries COM b5783h102   1,102,891 115 SH   SOLE   115 0 0
LT Group Inc COM Y5342M100   405,228 1,775,000 SH   SOLE   1,775,000 0 0
Nestle SA-REG COM H57312649   1,117,584 11,285 SH   SOLE   11,225 0 60
Pernod Ricard COM F72027109   280,466,225 2,824,214 SH   SOLE   2,744,574 0 79,640
Puig Brands COM e8s64t107   1,337,813 68,000 SH   SOLE   68,000 0 0
Rational AG COM d6349p107   814,887 975 SH   SOLE   975 0 0
SSP Group COM g8402n125   1,293,890 548,000 SH   SOLE   548,000 0 0
Zalando SE COM d98423102   853,037 26,000 SH   SOLE   26,000 0 0
Swiss Helvetia FD Inc COM 870875101   2,753,060 434,237 SH   SOLE   434,237 0 0