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
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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
ALLEGIANT TRAVEL CO COM 01748X102   2,398,032 31,200 SH   SOLE NONE 31,200 0 0
ALLY FINL INC COM 02005N100   1,149,908 43,100 SH   SOLE NONE 43,100 0 0
AUTOHOME INC SP ADS RP CL A 05278C107   6,801,435 224,100 SH   SOLE NONE 224,100 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   102,516,346 292,653 SH   SOLE NONE 292,653 0 0
CHUBB LIMITED COM H1467J104   108,378,508 520,600 SH   SOLE NONE 463,900 0 56,700
CITIGROUP INC COM NEW 172967424   89,053,607 2,165,174 SH   SOLE NONE 1,904,574 0 260,600
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104   14,144,222 1,660,120 SH   SOLE NONE 1,660,120 0 0
COPA HOLDINGS SA CL A P31076105   1,024,880 11,500 SH   SOLE NONE 11,500 0 0
DISNEY WALT CO COM 254687106   72,134,500 890,000 SH   SOLE NONE 754,300 0 135,700
EMBRAER S.A. SPONSORED ADS 29082A107   22,031,617 1,605,803 SH   SOLE NONE 1,605,803 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106   1,659,080 15,200 SH   SOLE NONE 15,200 0 0
HALLADOR ENERGY COMPANY COM 40609P105   1,307,606 90,680 SH   SOLE NONE 90,680 0 0
INFOSYS LTD SPONSORED ADR 456788108   14,740,231 861,498 SH   SOLE NONE 861,498 0 0
OCEANEERING INTL INC COM 675232102   1,741,990 67,729 SH   SOLE NONE 67,729 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101   20,765,481 1,514,623 SH   SOLE NONE 1,514,623 0 0
PHILIP MORRIS INTL INC COM 718172109   1,222,056 13,200 SH   SOLE NONE 13,200 0 0
PLDT INC SPONSORED ADR 69344D408   919,370 44,500 SH   SOLE NONE 44,500 0 0
RYANAIR HOLDINGS PLC SPONSORED ADS 783513203   1,477,592 15,200 SH   SOLE NONE 15,200 0 0
SOUTHWEST AIRLS CO COM 844741108   74,209,698 2,741,400 SH   SOLE NONE 2,437,500 0 303,900
SS&C TECHNOLOGIES HLDGS INC COM 78467J100   83,675,204 1,592,600 SH   SOLE NONE 1,404,900 0 187,700
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106   10,979,695 455,589 SH   SOLE NONE 455,589 0 0
TERNIUM SA SPONSORED ADS 880890108   16,755,446 419,936 SH   SOLE NONE 419,936 0 0