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 10,235 16,342 SH   SOLE   16,342 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 3,654 72,611 SH   SOLE   72,611 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 8,574 164,344 SH   SOLE   164,344 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7,404 28,981 SH   SOLE   28,981 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 11,980 587,844 SH   SOLE   587,844 0 0
BURFORD CAP LTD ORD SHS G17977110 7,287 809,650 SH   SOLE   809,650 0 0
FOX CORP CL A COM 35137L105 9,846 272,673 SH   SOLE   272,673 0 0
FRANKS INTL N V COM N33462107 2,457 691,981 SH   SOLE   691,981 0 0
HOWMET AEROSPACE INC COM 443201108 12,957 403,280 SH   SOLE   403,280 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 1,626 7,901 SH   SOLE   7,901 0 0
JOHNSON & JOHNSON COM 478160104 10,004 60,868 SH   SOLE   60,868 0 0
NCR CORP NEW COM 62886E108 11,748 309,578 SH   SOLE   309,578 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 18,256 236,268 SH   SOLE   236,268 0 0
SCHLUMBERGER LTD COM 806857108 8,731 321,097 SH   SOLE   321,097 0 0
STERICYCLE INC COM 858912108 2,570 38,074 SH   SOLE   38,074 0 0
VISTRA CORP COM 92840M102 15,715 888,848 SH   SOLE   888,848 0 0
WABTEC COM 929740108 9,611 121,410 SH   SOLE   121,410 0 0
DISNEY WALT CO COM 254687106 17,637 95,581 SH   SOLE   95,581 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 8,765 54,754 SH   SOLE   54,754 0 0