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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 8,360 80,000 SH   SOLE   80,000 0 0
EATON CORP PLC SHS G29183103 1,728 33,200 SH   SOLE   33,200 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 204 5,000 SH   SOLE   5,000 0 0
MEDTRONIC PLC COM G5960L103 36,260 471,394 SH   SOLE   471,394 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 2,379 140,350 SH   SOLE   140,350 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 481 10,400 SH   SOLE   10,400 0 0
ACE LTD SHS H0023R105 27,997 239,600 SH   SOLE   239,600 0 0
GARMIN LTD SHS H2906T109 3,531 95,000 SH   SOLE   95,000 0 0
TE CONNECTIVITY LTD REG SHS H84989104 1,660 25,700 SH   SOLE   25,700 0 0
INTERXION HOLDING N.V SHS N47279109 3,769 125,000 SH   SOLE   125,000 0 0
AARONS INC COM PAR $0.50 002535300 448 20,000 SH   SOLE   20,000 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 7,556 50,200 SH   SOLE   50,200 0 0
ALLEGHANY CORP DEL COM 017175100 5,203 10,886 SH   SOLE   10,886 0 0
AMETEK INC NEW COM 031100100 10,388 193,850 SH   SOLE   193,850 0 0
AMGEN INC COM 031162100 35,420 218,200 SH   SOLE   218,200 0 0
ANADARKO PETE CORP COM 032511107 279 5,750 SH   SOLE   5,750 0 0
ANSYS INC COM 03662Q105 18,403 198,950 SH   SOLE   198,950 0 0
APPLE INC COM 037833100 456 4,330 SH   SOLE   4,330 0 0
ARRIS GROUP INC NEW COM 04270V106 3,974 130,000 SH   SOLE   130,000 0 0
ARROW ELECTRS INC COM 042735100 4,443 82,000 SH   SOLE   82,000 0 0
AVNET INC COM 053807103 4,498 105,000 SH   SOLE   105,000 0 0
BB&T CORP COM 054937107 16,126 426,500 SH   SOLE   426,500 0 0
BAKER HUGHES INC COM 057224107 9,484 205,500 SH   SOLE   205,500 0 0
BANK NEW YORK MELLON CORP COM 064058100 20,874 506,400 SH   SOLE   506,400 0 0
BARD C R INC COM 067383109 7,653 40,400 SH   SOLE   40,400 0 0
BARCLAYS PLC ADR 06738E204 611 47,121 SH   SOLE   47,121 0 0
BARRICK GOLD CORP COM 067901108 148 20,000 SH   SOLE   20,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 791 4 SH   SOLE   4 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,284 9,725 SH   SOLE   9,725 0 0
BIGLARI HLDGS INC COM 08986R101 521 1,600 SH   SOLE   1,600 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 441 14,000 SH   SOLE   14,000 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 16,788 270,690 SH   SOLE   270,690 0 0
CA INC COM 12673P105 1,285 45,000 SH   SOLE   45,000 0 0
CANADIAN NATL RY CO COM 136375102 1,006 18,000 SH   SOLE   18,000 0 0
CANADIAN NAT RES LTD COM 136385101 655 30,000 SH   SOLE   30,000 0 0
CATERPILLAR INC DEL COM 149123101 272 4,000 SH   SOLE   4,000 0 0
CERNER CORP COM 156782104 2,126 35,325 SH   SOLE   35,325 0 0
CHICOS FAS INC COM 168615102 4,075 381,900 SH   SOLE   381,900 0 0
CISCO SYS INC COM 17275R102 29,690 1,093,350 SH   SOLE   1,093,350 0 0
CITIGROUP INC COM NEW 172967424 2,238 43,250 SH   SOLE   43,250 0 0
COCA COLA CO COM 191216100 21,695 505,000 SH   SOLE   505,000 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 11,640 193,940 SH   SOLE   193,940 0 0
COLFAX CORP COM 194014106 5,048 216,200 SH   SOLE   216,200 0 0
COPART INC COM 217204106 10,331 271,800 SH   SOLE   271,800 0 0
CUBIC CORP COM 229669106 1,418 30,000 SH   SOLE   30,000 0 0
DANAHER CORP DEL COM 235851102 9,548 102,800 SH   SOLE   102,800 0 0
DEVON ENERGY CORP NEW COM 25179M103 3,389 105,900 SH   SOLE   105,900 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 28,576 262,000 SH   SOLE   262,000 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 10,848 406,600 SH   SOLE   406,600 0 0
DISCOVER FINL SVCS COM 254709108 3,716 69,300 SH   SOLE   69,300 0 0
DONALDSON INC COM 257651109 26,040 908,600 SH   SOLE   908,600 0 0
DOVER CORP COM 260003108 15,971 260,500 SH   SOLE   260,500 0 0
E M C CORP MASS COM 268648102 4,620 179,900 SH   SOLE   179,900 0 0
EMERSON ELEC CO COM 291011104 25,297 528,900 SH   SOLE   528,900 0 0
EQUINIX INC COM NEW 29444U700 7,564 25,014 SH   SOLE   25,014 0 0
EXPEDITORS INTL WASH INC COM 302130109 6,815 151,100 SH   SOLE   151,100 0 0
EXXON MOBIL CORP COM 30231G102 29,891 383,464 SH   SOLE   383,464 0 0
F M C CORP COM NEW 302491303 6,202 158,500 SH   SOLE   158,500 0 0
FMC TECHNOLOGIES INC COM 30249U101 3,481 120,000 SH   SOLE   120,000 0 0
FASTENAL CO COM 311900104 2,245 55,000 SH   SOLE   55,000 0 0
FEDERATED INVS INC PA CL B 314211103 5,091 177,700 SH   SOLE   177,700 0 0
FIFTH THIRD BANCORP COM 316773100 27,547 1,370,500 SH   SOLE   1,370,500 0 0
FLUOR CORP NEW COM 343412102 5,619 119,000 SH   SOLE   119,000 0 0
FRANKLIN RES INC COM 354613101 371 10,063 SH   SOLE   10,063 0 0
FULLER H B CO COM 359694106 2,006 55,000 SH   SOLE   55,000 0 0
GNC HLDGS INC COM CL A 36191G107 3,238 104,400 SH   SOLE   104,400 0 0
GENERAL DYNAMICS CORP COM 369550108 261 1,900 SH   SOLE   1,900 0 0
GENERAL ELECTRIC CO COM 369604103 512 16,450 SH   SOLE   16,450 0 0
GOLDCORP INC NEW COM 380956409 728 63,000 SH   SOLE   63,000 0 0
GRACO INC COM 384109104 13,207 183,250 SH   SOLE   183,250 0 0
GRAHAM HLDGS CO COM 384637104 5,529 11,400 SH   SOLE   11,400 0 0
GRAINGER W W INC COM 384802104 38,702 191,035 SH   SOLE   191,035 0 0
HP INC COM 40434L105 4,564 385,500 SH   SOLE   385,500 0 0
HALLIBURTON CO COM 406216101 17,376 510,450 SH   SOLE   510,450 0 0
HEICO CORP NEW CL A 422806208 3,690 75,000 SH   SOLE   75,000 0 0
HERSHEY CO COM 427866108 22,559 252,700 SH   SOLE   252,700 0 0
HEWLETT PACKARD CO COM 428236103 3,070 202,000 SH   SOLE   202,000 0 0
HUNTINGTON BANCSHARES INC COM 446150104 149 13,500 SH   SOLE   13,500 0 0
ILLINOIS TOOL WKS INC COM 452308109 14,940 161,200 SH   SOLE   161,200 0 0
INTEL CORP COM 458140100 3,462 100,500 SH   SOLE   100,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 530 3,850 SH   SOLE   3,850 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 861 7,200 SH   SOLE   7,200 0 0
ISHARES GOLD TRUST I SHARES 464285105 225 22,000 SH   SOLE   22,000 0 0
JOHNSON & JOHNSON COM 478160104 719 7,000 SH   SOLE   7,000 0 0
JOHNSON CTLS INC COM 478366107 23,777 602,100 SH   SOLE   602,100 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 2,408 100,000 SH   SOLE   100,000 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 407 16,000 SH   SOLE   16,000 0 0
KRAFT HEINZ CO COM 500754106 18,190 250,000 SH   SOLE   250,000 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 17,993 145,530 SH   SOLE   145,530 0 0
LEUCADIA NATL CORP COM 527288104 196 11,250 SH   SOLE   11,250 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 820 30,000 SH   SOLE   30,000 0 0
LOWES COS INC COM 548661107 28,948 380,700 SH   SOLE   380,700 0 0
MSC INDL DIRECT INC CL A 553530106 5,768 102,500 SH   SOLE   102,500 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 169 12,350 SH   SOLE   12,350 0 0
MASTERCARD INC CL A 57636Q104 8,675 89,100 SH   SOLE   89,100 0 0
MCCORMICK & CO INC COM NON VTG 579780206 4,749 55,500 SH   SOLE   55,500 0 0
MCDONALDS CORP COM 580135101 532 4,500 SH   SOLE   4,500 0 0
MICROSOFT CORP COM 594918104 979 17,650 SH   SOLE   17,650 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 29,227 628,000 SH   SOLE   628,000 0 0
MOODYS CORP COM 615369105 10,105 100,710 SH   SOLE   100,710 0 0
NOBLE ENERGY INC COM 655044105 6,586 200,000 SH   SOLE   200,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 21,494 254,100 SH   SOLE   254,100 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 19,992 295,700 SH   SOLE   295,700 0 0
OMNICOM GROUP INC COM 681919106 39,411 520,900 SH   SOLE   520,900 0 0
PNC FINL SVCS GROUP INC COM 693475105 19,434 203,900 SH   SOLE   203,900 0 0
PNC FINL SVCS GROUP INC *W EXP 12/31/201 693475121 16,642 579,650 SH   SOLE   579,650 0 0
PAN AMERICAN SILVER CORP COM 697900108 228 35,000 SH   SOLE   35,000 0 0
PAYCHEX INC COM 704326107 286 5,400 SH   SOLE   5,400 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 4,529 353,000 SH   SOLE   353,000 0 0
POLARIS INDS INC COM 731068102 31,239 363,460 SH   SOLE   363,460 0 0
PRAXAIR INC COM 74005P104 28,483 278,150 SH   SOLE   278,150 0 0
PRECISION CASTPARTS CORP COM 740189105 2,463 10,615 SH   SOLE   10,615 0 0
PROGRESSIVE CORP OHIO COM 743315103 636 20,000 SH   SOLE   20,000 0 0
PULTE GROUP INC COM 745867101 5,578 313,000 SH   SOLE   313,000 0 0
QUALCOMM INC COM 747525103 692 13,850 SH   SOLE   13,850 0 0
RANGE RES CORP COM 75281A109 2,722 110,600 SH   SOLE   110,600 0 0
REINSURANCE GROUP AMER INC COM NEW 759351604 5,860 68,500 SH   SOLE   68,500 0 0
ROLLINS INC COM 775711104 5,219 201,500 SH   SOLE   201,500 0 0
ROSS STORES INC COM 778296103 31,110 578,150 SH   SOLE   578,150 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,610 25,720 SH   SOLE   25,720 0 0
ST JUDE MED INC COM 790849103 29,415 476,200 SH   SOLE   476,200 0 0
SCHLUMBERGER LTD COM 806857108 34,266 491,275 SH   SOLE   491,275 0 0
SHIRE PLC SPONSORED ADR 82481R106 1,128 5,500 SH   SOLE   5,500 0 0
STRYKER CORP COM 863667101 316 3,400 SH   SOLE   3,400 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209 751 99,000 SH   SOLE   99,000 0 0
SYSCO CORP COM 871829107 1,763 43,000 SH   SOLE   43,000 0 0
TJX COS INC NEW COM 872540109 18,087 255,075 SH   SOLE   255,075 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1,138 50,000 SH   SOLE   50,000 0 0
TEXAS INSTRS INC COM 882508104 2,286 41,700 SH   SOLE   41,700 0 0
3M CO COM 88579Y101 25,413 168,700 SH   SOLE   168,700 0 0
TORO CO COM 891092108 9,192 125,800 SH   SOLE   125,800 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 1,575 12,800 SH   SOLE   12,800 0 0
US BANCORP DEL COM NEW 902973304 19,376 454,100 SH   SOLE   454,100 0 0
UNICO AMERN CORP COM 904607108 4,695 469,945 SH   SOLE   469,945 0 0
UNITED PARCEL SERVICE INC CL B 911312106 31,308 325,350 SH   SOLE   325,350 0 0
UNITED TECHNOLOGIES CORP COM 913017109 953 9,925 SH   SOLE   9,925 0 0
V F CORP COM 918204108 2,490 40,000 SH   SOLE   40,000 0 0
VANGUARD BD INDEX FD INC SHORT TRM BD 921937827 2,037 25,600 SH   SOLE   25,600 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 716 21,900 SH   SOLE   21,900 0 0
VARIAN MED SYS INC COM 92220P105 13,235 163,800 SH   SOLE   163,800 0 0
WATERS CORP COM 941848103 2,772 20,600 SH   SOLE   20,600 0 0
WESTERN UN CO COM 959802109 5,463 305,000 SH   SOLE   305,000 0 0
WOLVERINE WORLD WIDE INC COM 978097103 7,649 457,750 SH   SOLE   457,750 0 0
WORLD FUEL SVCS CORP COM 981475106 1,538 40,000 SH   SOLE   40,000 0 0