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
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   37,883,194 108,145 SH   SOLE   108,145 0 0
BIO RAD LABS INC CL A 090572207   54,639,609 152,433 SH   SOLE   152,433 0 0
BOYD GAMING CORP COM 103304101   21,569,710 354,590 SH   SOLE   354,590 0 0
CANNAE HLDGS INC COM 13765N107   47,917,233 2,570,667 SH   SOLE   2,570,667 0 0
CHURCHILL DOWNS INC COM 171484108   67,926,103 585,368 SH   SOLE   585,368 0 0
COPART INC COM 217204106   23,126,834 536,710 SH   SOLE   536,710 0 0
EBAY INC. COM 278642103   28,862,460 654,626 SH   SOLE   654,626 0 0
EVERCORE INC CLASS A 29977A105   23,919,285 173,479 SH   SOLE   173,479 0 0
FIDELITY NATL INFORMATION SV COM 31620M106   40,146,857 726,377 SH   SOLE   726,377 0 0
FISERV INC COM 337738108   38,287,227 338,945 SH   SOLE   338,945 0 0
FTI CONSULTING INC COM 302941109   39,733,870 222,711 SH   SOLE   222,711 0 0
GENTEX CORP COM 371901109   29,254,111 899,020 SH   SOLE   899,020 0 0
HERSHEY CO COM 427866108   14,445,776 72,200 SH   SOLE   72,200 0 0
ICU MED INC COM 44930G107   17,130,775 143,944 SH   SOLE   143,944 0 0
IHS HOLDING LIMITED ORD SHS G4701H109   523,099 94,252 SH   SOLE   94,252 0 0
LAUREATE EDUCATION INC COMMON STOCK 518613203   23,837,700 1,690,617 SH   SOLE   1,690,617 0 0
MANNKIND CORP COM NEW 56400P706   43,244,276 10,470,769 SH   SOLE   10,470,769 0 0
MARTIN MARIETTA MATLS INC COM 573284106   53,644,810 130,688 SH   SOLE   130,688 0 0
MASTERCARD INCORPORATED CL A 57636Q104   44,145,549 111,504 SH   SOLE   111,504 0 0
MSC INDL DIRECT INC CL A 553530106   49,779,717 507,180 SH   SOLE   507,180 0 0
PAYPAL HLDGS INC COM 70450Y103   14,511,058 248,222 SH   SOLE   248,222 0 0
PRICESMART INC COM 741511109   27,847,389 374,142 SH   SOLE   374,142 0 0
PRIMO WATER CORPORATION COM 74167P108   39,994,677 2,898,165 SH   SOLE   2,898,165 0 0
RB GLOBAL INC COM 74935Q107   27,822,875 445,166 SH   SOLE   445,166 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102   25,229,679 111,700 SH   SOLE   111,700 0 0
VALMONT INDS INC COM 920253101   55,045,082 229,154 SH   SOLE   229,154 0 0
WEBSTER FINL CORP COM 947890109   24,102,961 597,940 SH   SOLE   597,940 0 0