Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway	2,459,900	$488M	26.8%	$99.28	+91.3%	Call	084670702
BRK/B	Berkshire Hathaway	1,669,605	$331M	18.2%	$99.28	+91.3%	COM	084670702
WFC	Wells Fargo	1,347,908	$81.78M	4.5%	$33.18	+35.9%	COM	949746101
SU	Suncor	1,949,308	$71.58M	3.9%	$21.95	+16.7%	COM	867224107
QCOM	Qualcomm	1,012,775	$64.84M	3.6%	$46.55	+5.3%	COM	747525103
—	Brookfield Asset Mgmt	1,412,467	$61.5M	3.4%	$43.54	—	COM	112585104
—	FedEx	246,048	$61.4M	3.4%	$151.88	—	COM	31428x106
INGR	Ingredion	425,471	$59.48M	3.3%	$92.68	+42.4%	COM	457187102
—	Express Scripts	764,888	$57.09M	3.1%	$78.41	—	COM	30219g108
—	Hanesbrands	2,504,179	$52.36M	2.9%	$22.84	—	COM	410345102
AXP	American Express	505,900	$50.24M	2.8%	$71.25	+19.6%	COM	025816109
—	Spectrum Brands	419,673	$47.17M	2.6%	$107.89	—	COM	84763r101
AZO	Autozone	65,607	$46.67M	2.6%	$640.82	-0.3%	COM	053332102
—	Cimpress NV	388,087	$46.52M	2.6%	$86.44	—	COM	045290255
BRK/A	Berkshire Hathaway 'A'	147	$43.75M	2.4%	$213127.90	+33.6%	COM	084670108
—	Lab Corp of America	260,297	$41.52M	2.3%	$121.44	—	COM	50540r409
LKQ	LKQ Corp	956,372	$38.9M	2.1%	$27.95	+23.0%	COM	501889208
IBM	IBM	239,131	$36.69M	2.0%	$130.20	-21.6%	COM	459200101
CMG	Chipotle Mexican Grill	103,650	$29.96M	1.6%	$6.62	-9.9%	COM	169656105
AN	AutoNation	555,320	$28.5M	1.6%	$43.51	+16.6%	COM	05329W102
—	Verizon	238,073	$12.6M	0.7%	$48.82	—	COM	92343v104
—	Walgreen Boots Alliance	170,100	$12.35M	0.7%	$72.62	—	COM	931427108
PSX	Phillips 66	80,497	$8.142M	0.4%	$56.57	+22.5%	COM	718546104
FAST	Fastenal	140,879	$7.705M	0.4%	$8.66	+15.9%	COM	311900104
ABT	Abbott Labs	130,745	$7.462M	0.4%	$37.16	+29.5%	COM	002824100
—	Anheuser-Busch InBev	64,310	$7.174M	0.4%	$110.90	—	COM	03524a108
USB	US Bancorp	60,730	$3.254M	0.2%	$32.17	+21.4%	COM	902973304
—	Wyndham	25,147	$2.914M	0.2%	$71.65	—	COM	98310w108
DIS	Disney (Walt)	25,488	$2.74M	0.2%	$93.57	+4.0%	COM	254687106
—	SPDR S&P 500	8,346	$2.227M	0.1%	$245.04	—	ETF	78462f103
AAPL	Apple	10,332	$1.748M	0.1%	$72.17	-45.8%	COM	037833100
—	Spectrum Brands	10,000	$1.124M	0.1%	$107.89	—	Call	84763r101
—	Biglari Holdings	2,561	$1.061M	0.1%	$380.57	—	COM	08986r101
—	Goldman Sachs	3,625	$924K	0.1%	$239.74	—	COM	38141g104
—	Hanesbrands	35,000	$732K	0.0%	$22.84	—	Call	410345102
MSFT	Microsoft	8,520	$729K	0.0%	$37.67	+99.8%	COM	594918104
MKL	Markel	610	$695K	0.0%	$685.13	+59.6%	COM	570535104
CVX	Chevron	5,527	$692K	0.0%	$72.58	+15.1%	COM	166764100
IWM	ISHARES Russell 2000	3,900	$595K	0.0%	$144.31	—	ETF	464287655
AMGN	Amgen	3,080	$536K	0.0%	$115.73	+19.4%	COM	031162100
JNJ	Johnson & Johnson	3,473	$485K	0.0%	$73.50	+51.0%	COM	478160104
XT	IShares Exponential Technologi	12,800	$454K	0.0%	$34.85	—	ETF	46434V381
AFL	Aflac	5,005	$439K	0.0%	$34.92	+1.1%	COM	001055102
—	Leucadia National	14,664	$388K	0.0%	$21.04	—	COM	527288104
HAL	Halliburton	6,851	$335K	0.0%	$36.11	+3.7%	COM	406216101
CFG	Citizens Financial Group	7,700	$323K	0.0%	$24.93	+12.3%	COM	174610105
—	Taylor Morrison Home	12,600	$308K	0.0%	$23.90	—	COM	87724p106
BAC	Bank of America	10,381	$306K	0.0%	$13.73	+65.9%	COM	060505104
C	Citigroup	3,900	$290K	0.0%	$40.63	+39.0%	COM	172967424
GLW	Corning	8,749	$280K	0.0%	$12.46	+102.5%	COM	219350105
CAG	Conagra Foods	6,800	$256K	0.0%	$26.10	0.0%	COM	205887102
PBA	Pembina Pipeline	6,900	$250K	0.0%	$19.87	+12.1%	COM	706327103
—	Capital One Fin'l	2,500	$249K	0.0%	$87.35	—	COM	14040h105
—	Conocophillips	4,104	$225K	0.0%	$49.95	—	COM	20825c104
—	L Brands	3,410	$205K	0.0%	$60.12	—	COM	501797104
—	Ensco	26,825	$159K	0.0%	$32.26	—	COM	g3157s106