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
ALLEGHANY CORP DEL COM 017175100 10,091 16,715 SH   SOLE   16,715 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 3,245 74,266 SH   SOLE   74,266 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 8,461 168,087 SH   SOLE   168,087 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 6,873 29,642 SH   SOLE   29,642 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 11,592 601,234 SH   SOLE   601,234 0 0
BURFORD CAP LTD ORD SHS G17977110 8,039 831,333 SH   SOLE   831,333 0 0
DISCOVERY INC COM SER A 25470F104 12,498 415,347 SH   SOLE   415,347 0 0
FOX CORP CL A COM 35137L105 8,121 278,883 SH   SOLE   278,883 0 0
FRANKS INTL N V COM N33462107 4,223 1,541,332 SH   SOLE   1,541,332 0 0
HOWMET AEROSPACE INC COM 443201108 11,772 412,465 SH   SOLE   412,465 0 0
JOHNSON & JOHNSON COM 478160104 7,709 48,985 SH   SOLE   48,985 0 0
NCR CORP NEW COM 62886E108 11,950 318,074 SH   SOLE   318,074 0 0
SCHLUMBERGER LTD COM 806857108 7,169 328,410 SH   SOLE   328,410 0 0
STERICYCLE INC COM 858912108 2,640 38,074 SH   SOLE   38,074 0 0
VISTRA CORP COM 92840M102 11,659 593,051 SH   SOLE   593,051 0 0
WABTEC COM 929740108 7,630 104,240 SH   SOLE   104,240 0 0
DISNEY WALT CO COM 254687106 17,712 97,760 SH   SOLE   97,760 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 17,208 111,675 SH   SOLE   111,675 0 0