Abbott Labs COM 002824100 1541649 11510 SH SOLE 11510 0 0 AbbVie Inc COM 00287Y109 2873411 12410 SH SOLE 12410 0 0 Alphabet Inc Cl A COM 02079K305 3764647 15486 SH SOLE 12481 0 3005 Alphabet Inc Cl C COM 02079K107 1132488747 4649923 SH SOLE 4517533 0 132390 Altria Group Inc COM 02209S103 10945679 165693 SH SOLE 165693 0 0 American Express COM 025816109 4528005 13632 SH SOLE 13068 0 564 Apple Inc COM 037833100 1196506 4699 SH SOLE 3449 0 1250 Berkshire Hathaway Inc Cl A COM 084670108 1162222200 1541 SH SOLE 1445 0 96 Berkshire Hathaway Inc Cl B COM 084670702 583879220 1161394 SH SOLE 1116064 0 45330 Brown-Forman Corp Cl A COM 115637100 46233323 1718072 SH SOLE 1686403 0 31670 Brown-Forman Corp Cl B COM 115637209 20736988 765768 SH SOLE 700343 0 65425 Caterpillar Inc COM 149123101 334005 700 SH SOLE 700 0 0 Chevron Corp COM 166764100 414624 2670 SH SOLE 2670 0 0 Coca-Cola COM 191216100 904605 13640 SH SOLE 13640 0 0 Comcast Corp New Cl A COM 20030N101 76844225 2445711 SH SOLE 2339794 0 105916 Costco Whsl Corp COM 22160K105 4279820 4624 SH SOLE 4499 0 125 Crane Company COM 224408104 10399491 56476 SH SOLE 52176 0 4300 Disney Walt Productions COM 254687106 287360 2510 SH SOLE 2492 0 18 Doordash Inc Cl A COM 25809K105 251961472 926363 SH SOLE 901744 0 24619 Dover Corp COM 260003108 3261693 19551 SH SOLE 16576 0 2975 Exxon Mobil Corp COM 30231G102 21618892 191742 SH SOLE 190142 0 1600 FB Bancorp Inc COM 31425A109 601000 50000 SH SOLE 50000 0 0 Fomento Economico Mex Sponsore COM 344419106 317391 3218 SH SOLE 3168 0 50 Fulton Finl Corp COM 360271100 1203498 64600 SH SOLE 6600 0 58000 Generac Holdings Inc COM 368736104 376650 2250 SH SOLE 2250 0 0 Herc Holdings Inc COM 42704l104 752457 6450 SH SOLE 6450 0 0 Hormel Foods Corp COM 440452100 490718 19835 SH SOLE 13835 0 6000 Hyatt Hotels Corp Cl A COM 448579102 1231243 8675 SH SOLE 8675 0 0 J.P. Morgan Chase COM 46625H100 171918813 545030 SH SOLE 532426 0 12604 JBT Marel Corp COM 477839104 1018263 7250 SH SOLE 7250 0 0 Lamar Advertising Co-A COM 512816109 731337 5974 SH SOLE 5974 0 0 Levi Strauss & Co Cl A COM 52736r102 1111993 47725 SH SOLE 47725 0 0 Markel Corp COM 570535104 14627638 7653 SH SOLE 6578 0 1075 Martin Marietta Materials COM 573284106 433340748 687537 SH SOLE 651841 0 35695 Mastercard Inc Cl A COM 57636Q104 921626733 1620272 SH SOLE 1547003 0 73269 McCormick Inc COM 579780206 2782854 41591 SH SOLE 37741 0 3850 McDonalds Corp COM 580135101 214242 705 SH SOLE 705 0 0 Microsoft Corp COM 594918104 1815415 3505 SH SOLE 3105 0 400 Nestle SA Sponsored ADR COM 641069406 530307649 5778660 SH SOLE 5564775 0 213885 Netflix Inc COM 64110L106 616754421 514425 SH SOLE 499810 0 14615 Oracle Corp COM 68389X105 977309 3475 SH SOLE 3475 0 0 Outfront Media Inc COM 69007J304 287441 15690 SH SOLE 15515 0 175 Pepsico Inc COM 713448108 1539218 10960 SH SOLE 10360 0 600 Philip Morris International In COM 718172109 756209051 4662201 SH SOLE 4505687 0 156514 PNC Bank Corp COM 693475105 753488 3750 SH SOLE 3750 0 0 Procter & Gamble COM 742718109 1677858 10920 SH SOLE 10304 0 616 Truist Financial Corp COM 89832Q109 427727 9355 SH SOLE 9355 0 0 Uber Technologies Inc COM 90353T100 461521093 4710841 SH SOLE 4567011 0 143830 Union Pac Corp COM 907818108 5872227 24843 SH SOLE 24843 0 0 Unum Group COM 91529Y106 295564 3800 SH SOLE 3800 0 0 Visa Inc Cl A COM 92826C839 41738484 122264 SH SOLE 108503 0 13761 Vulcan Materials COM 929160109 3044515 9897 SH SOLE 9297 0 600 Wal Mart Stores Inc COM 931142103 1047605 10165 SH SOLE 10165 0 0 Warby Parker Inc Cl A COM 93403j106 1682380 61000 SH SOLE 61000 0 0 Wells Fargo COM 949746101 850662 10149 SH SOLE 10149 0 0 Yeti Holdings Inc COM 98585x104 796320 24000 SH SOLE 24000 0 0 Anheuser-Busch InBev SA COM B639CJ108 16845413 282215 SH SOLE 266107 0 16108 Ashtead Group PLC COM G05320109 372779347 5577080 SH SOLE 5406388 0 170692 Carlsberg B A/S COM K36628137 1401938 12055 SH SOLE 11590 0 465 Cofide SPA COM T19404101 192778 251250 SH SOLE 251250 0 0 Compagnie Financiere Richemont COM H25662182 686690363 3603992 SH SOLE 3474836 0 129156 Davide Campari-Milano NV COM N24565108 1327275 210353 SH SOLE 202728 0 7625 De'Longhi COM t3508h102 1274869 35250 SH SOLE 35250 0 0 Deliveroo PLC COM g27035107 943492 390000 SH SOLE 390000 0 0 Demant A/S COM k3008m105 1421137 41000 SH SOLE 41000 0 0 Electrolux Professional COM w2457w116 1288663 200000 SH SOLE 200000 0 0 Fielmann COM d2617n114 1509875 25000 SH SOLE 25000 0 0 Fluidra COM e52619108 1436062 53000 SH SOLE 53000 0 0 H&M COM w41422101 1192544 64000 SH SOLE 64000 0 0 Hanjaya Mandala Sampoerna COM Y7121Z146 244525 5000000 SH SOLE 5000000 0 0 Heineken Holding NV COM N39338194 636653323 9285906 SH SOLE 9015435 0 270471 Heineken NV COM N39427211 1180876 15131 SH SOLE 12231 0 2900 Kalmar Oyj B COM x4s8se108 792420 20000 SH SOLE 20000 0 0 Konecranes COM x4550j108 1521848 18450 SH SOLE 18450 0 0 Lindt & Spruengli AG - Reg COM H49983176 2254760 15 SH SOLE 15 0 0 Loreal SA COM F58149133 1753599 4050 SH SOLE 4050 0 0 Lotus Bakeries COM b5783h102 1083703 115 SH SOLE 115 0 0 LT Group Inc COM Y5342M100 464794 1775000 SH SOLE 1775000 0 0 Nestle SA-REG COM H57312649 1025818 11170 SH SOLE 11170 0 0 Pernod Ricard COM F72027109 265093570 2700641 SH SOLE 2622077 0 78564 Puig Brands COM e8s64t107 1093032 68000 SH SOLE 68000 0 0 Rational AG COM d6349p107 743511 975 SH SOLE 975 0 0 SSP Group COM g8402n125 1522043 660000 SH SOLE 660000 0 0 Zalando SE COM d98423102 855729 28000 SH SOLE 28000 0 0 Swiss Helvetia FD Inc COM 870875101 2640159 434237 SH SOLE 434237 0 0