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
AFFILIATED MANAGERS GROUP IN COM 008252108   112,011,250 675,214 SH   SOLE   675,214 0 0
ALPHABET INC CAP STK CL A 02079K305   32,201,979 207,100 SH   SOLE   207,100 0 0
AMERICAN EXPRESS CO COM 025816109   11,499,540 50,523 SH   SOLE   50,523 0 0
CARMAX INC COM 143130102   62,882,298 731,700 SH   SOLE   731,700 0 0
CIGNA CORP NEW COM 125523100   55,085,304 151,300 SH   SOLE   151,300 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104   49,333,284 300,300 SH   SOLE   300,300 0 0
COMCAST CORP NEW CL A 20030N101   74,872,003 1,770,861 SH   SOLE   1,770,861 0 0
CVS HEALTH CORP COM 126650100   68,514,526 861,168 SH   SOLE   861,168 0 0
EBAY INC. COM 278642103   36,578,232 699,794 SH   SOLE   699,794 0 0
EXXON MOBIL CORP COM 30231G102   19,336,458 165,283 SH   SOLE   165,283 0 0
FEDEX CORP COM 31428X106   15,295,098 54,600 SH   SOLE   54,600 0 0
HARLEY DAVIDSON INC COM 412822108   27,576,426 633,213 SH   SOLE   633,213 0 0
HCA HEALTHCARE INC COM 40412C101   46,215,400 140,000 SH   SOLE   140,000 0 0
KT CORP SPONSORED ADR 48268K101   17,606,178 1,275,810 SH   SOLE   1,275,810 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104   33,354,994 2,009,337 SH   SOLE   2,009,337 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100   49,902,023 488,900 SH   SOLE   488,900 0 0
MICRON TECHNOLOGY INC COM 595112103   37,334,748 300,360 SH   SOLE   300,360 0 0
MEDTRONIC PLC SHS G5960L103   29,052,584 333,861 SH   SOLE   333,861 0 0
NOV INC COM 62955J103   20,442,690 1,037,700 SH   SOLE   1,037,700 0 0
SOUTHWEST AIRLS CO COM 844741108   53,191,726 1,822,883 SH   SOLE   1,822,883 0 0
STANLEY BLACK & DECKER INC COM 854502101   27,139,278 284,300 SH   SOLE   284,300 0 0
STATE STR CORP COM 857477103   26,620,350 344,600 SH   SOLE   344,600 0 0
VALE S A SPONSORED ADS 91912E105   23,903,929 1,973,900 SH   SOLE   1,973,900 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108   25,120,624 1,285,600 SH   SOLE   1,285,600 0 0
WELLS FARGO CO NEW COM 949746101   19,898,436 345,499 SH   SOLE   345,499 0 0
AMBEV SA SPONSORED ADR 02319V103   24,606,802 10,168,100 SH   SOLE   10,168,100 0 0
DOW INC COM 260557103   18,083,904 310,400 SH   SOLE   310,400 0 0
SEALED AIR CORP NEW COM 81211K100   14,445,434 391,900 SH   SOLE   391,900 0 0
SYSCO CORP COM 871829107   20,480,894 254,200 SH   SOLE   254,200 0 0
TENARIS S A COM 88031M109   29,378,941 743,959 SH   SOLE   743,959 0 0