Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY B	789,826	$89.65M	12.1%	$110.02	+4.9%	COM	084670702
MKL	MARKEL CORP COM	81,267	$42.08M	5.7%	$523.59	+0.3%	COM	570535104
GAMI	GAMCO INVS INC	435,196	$33.04M	4.5%	$20.86	+18.1%	COM	361438104
—	EXXON MOBIL CORP COM	371,169	$31.93M	4.3%	$90.35	—	COM	30231g102
AMG	AFFILIATED MANAGERS GRP	157,440	$28.75M	3.9%	$153.14	+12.3%	COM	008252108
—	LEUCADIA NATL CORP	991,081	$27M	3.6%	$26.22	—	COM	527288104
WMT	WAL-MART STORES INC	358,285	$26.5M	3.6%	$19.98	-1.0%	COM	931142103
—	ENSTAR GROUP LTD	191,660	$26.18M	3.5%	$132.98	—	COM	g3075p101
AXP	AMERICAN EXPRESS CO	342,469	$25.86M	3.5%	$59.62	+6.1%	COM	025816109
—	CITY NATIONAL CORP	387,785	$25.85M	3.5%	$63.37	—	COM	178566105
WYNN	WYNN RESORTS LTD	157,739	$24.92M	3.4%	$106.96	+5.9%	COM	983134107
WFC	WELLS FARGO & CO	574,977	$23.76M	3.2%	$27.36	+10.3%	COM	949746101
JNJ	JOHNSON AND JOHNSON	265,493	$23.02M	3.1%	$59.66	+6.5%	COM	478160104
KO	COCA COLA COM	577,596	$21.88M	3.0%	$27.85	-3.9%	COM	191216100
—	GOLDMAN SACHS GRP INC	137,773	$21.8M	2.9%	$151.25	—	COM	38141g104
PEP	PEPSICO INC	273,926	$21.78M	2.9%	$56.00	+1.4%	COM	713448108
VNO	VORNADO REALTY TRUST	241,576	$20.31M	2.7%	$82.85	—	COM	929042109
—	JPMORGAN CHASE & CO	346,067	$17.89M	2.4%	$52.79	—	COM	46625h100
PENN	PENN NATL GAMING CORP	317,233	$17.56M	2.4%	$12.65	-4.8%	COM	707569109
—	GOOGLE INC CL A	18,384	$16.1M	2.2%	$880.38	—	COM	38259p508
—	DOUGLAS EMMETT INC	667,837	$15.67M	2.1%	$24.95	—	COM	25960p109
—	TIFFANY & CO NEW	203,330	$15.58M	2.1%	$72.84	—	COM	886547108
PG	PROCTER & GAMBLE CO	197,661	$14.94M	2.0%	$55.00	+2.2%	COM	742718109
—	ANNALY CAP MGMT INC	1,250,875	$14.48M	2.0%	$12.45	—	COM	035710409
NKE	NIKE INC CL B	198,733	$14.44M	1.9%	$26.53	+5.3%	COM	654106103
EL	ESTEE LAUDER	155,980	$10.9M	1.5%	$58.22	-0.5%	COM	518439104
—	BROOKFIELD ASSET MGMT	252,532	$9.445M	1.3%	$36.02	—	COM	112585104
BRK/A	BERKSHIRE HATHAWAY A	45	$7.668M	1.0%	$165023.42	+4.8%	COM	084670108
SLB	SCHLUMBERGER LTD	55,064	$4.865M	0.7%	$52.90	+11.5%	COM	806857108
—	DIAMONDS TRUST SERIES 1	32,000	$4.832M	0.7%	$150.20	—	PUT	78467x959
AAPL	APPLE INC	9,863	$4.702M	0.6%	$13.16	+8.5%	COM	037833100
—	SEACOAST BKG CORP FLA	2,049,356	$4.447M	0.6%	$2.20	—	COM	811707306
—	BIGLARI HOLDINGS INC	10,668	$4.402M	0.6%	$410.39	—	COM	08986r101
PNC	PNC FINL SERVICES GP INC	47,466	$3.439M	0.5%	$47.34	+8.4%	COM	693475105
CVX	CHEVRON CORPORATION	24,672	$2.998M	0.4%	$71.35	+2.4%	COM	166764100
—	ULTRA PETROLEUM CORP	140,975	$2.9M	0.4%	$19.84	—	COM	903914109
FRFHF	FAIRFAX FINL HLDGS LTD	6,363	$2.579M	0.3%	$316.93	+0.7%	COM	303901102
—	SOUTHERN NATL BANCORP VA	266,664	$2.569M	0.3%	$9.75	—	COM	843395104
DIS	DISNEY WALT CO	37,665	$2.429M	0.3%	$56.12	+1.5%	COM	254687106
OXY	OCCIDENTAL PETE CORP	25,858	$2.419M	0.3%	$57.83	+2.4%	COM	674599105
WTFC	WINTRUST FINANCIAL CORP	49,935	$2.051M	0.3%	$36.77	+10.5%	COM	97650W108
—	T ROWE PRICE ASSOCIATES	28,341	$2.039M	0.3%	$73.20	—	COM	74144t108
MCD	MCDONALDS CORP	20,887	$2.01M	0.3%	$71.73	-1.6%	COM	580135101
—	HOWARD HUGHES CORP	15,700	$1.764M	0.2%	$112.09	—	COM	44267d107
UPS	UNITED PARCEL SVC	15,725	$1.437M	0.2%	$55.38	+3.1%	COM	911312106
—	BLACKSTONE GROUP	54,500	$1.357M	0.2%	$21.06	—	COM	09253u908
USB	US BANCORP DEL	35,327	$1.292M	0.2%	$22.50	+8.2%	COM	902973304
—	UNITED TECHNOLOGIES CP	9,598	$1.035M	0.1%	$93.93	—	COM	913017109
EXPD	EXPEDITORS INTL WASH	23,475	$1.034M	0.1%	$31.69	+11.4%	COM	302130109
LVS	LAS VEGAS SANDS CORP	14,870	$988K	0.1%	$38.99	+4.3%	COM	517834107
BP	BP PLC ADR F SPONSORED ADR 1 A	21,777	$915K	0.1%	$41.74	—	COM	055622104
NTRS	NORTHERN TRUST CORP	15,625	$850K	0.1%	$40.35	+3.3%	COM	665859104
COP	CONOCOPHILLIPS	11,503	$800K	0.1%	$39.96	+11.3%	COM	20825C104
PM	PHILIP MORRIS INTL INC	8,716	$755K	0.1%	$49.70	-4.7%	COM	718172109
—	APACHE CORP	8,500	$724K	0.1%	$83.88	—	COM	037411105
HUM	HUMANA INC	7,075	$660K	0.1%	$71.14	+16.6%	COM	444859102
PFE	PFIZER INC	18,851	$541K	0.1%	$16.46	-0.6%	COM	717081103
EFA	ISHARES MSCI EAFE INDEX FUND	6,635	$423K	0.1%	$63.75	—	COM	464287465
WU	WESTERN UNION CO	22,500	$420K	0.1%	$17.10	—	COM	959802109
IBM	INTERNATIONAL BUS MACH	2,190	$406K	0.1%	$118.94	-6.2%	COM	459200101
—	FIRST BUSEY CORP	76,600	$399K	0.1%	$4.50	—	COM	319383105
COST	COSTCO WHSL CORP NEW	3,407	$392K	0.1%	$86.78	+5.6%	COM	22160K105
SCHW	SCHWAB CHARLES CORP	15,050	$318K	0.0%	$15.92	+18.0%	COM	808513105
—	KRAFT FOODS GROUP INC	5,858	$307K	0.0%	$54.99	—	COM	50076q106
—	SPECTRA ENERGY CORP	8,951	$306K	0.0%	$34.40	—	COM	847560109
—	MERCK & CO INC	6,386	$304K	0.0%	$46.51	—	COM	58933y105
—	ABBVIE INC	6,785	$303K	0.0%	$41.75	—	COM	00287y109
DHIL	DIAMOND HILL INVESTMENT GROUP	2,700	$289K	0.0%	$41.91	+32.5%	COM	25264R207
—	ROYAL DUTCH SHELL A ADRF SPONS	4,360	$286K	0.0%	$63.76	—	COM	780259206
—	DU PONT E I DE NEMOURS	4,852	$284K	0.0%	$52.51	—	COM	263534109
—	GENERAL ELECTRIC CO	11,277	$269K	0.0%	$23.85	—	COM	369604103
—	S&P MIDCAP 400	1,143	$259K	0.0%	$226.60	—	COM	595635103
—	VIACOM INC CL B NEW	3,073	$257K	0.0%	$68.04	—	COM	925524308
QCOM	QUALCOMM INC	3,767	$254K	0.0%	$46.56	0.0%	COM	747525103
MMM	3 M	2,114	$252K	0.0%	$61.41	+7.5%	COM	88579Y101
—	CBS CORPORATION CL B NEW	4,500	$248K	0.0%	$48.91	—	COM	124857202
—	REALOGY HLDGS CORP	5,650	$243K	0.0%	$43.01	—	COM	75605y106
IGSB	ISHARES TR 1-3 YR CR BD ETF	2,300	$242K	0.0%	$105.22	—	COM	464288646
BAC	BANK OF AMERICA CORP	17,500	$241K	0.0%	$10.03	+12.0%	COM	060505104
—	BB&T CORPORATION	6,950	$235K	0.0%	$33.83	—	COM	054937107
MDLZ	MONDELEZ INTL INC	7,361	$231K	0.0%	$23.72	0.0%	COM	609207105
—	FDX CORP	2,000	$228K	0.0%	$114.00	—	COM	31428x106
—	SPDR GOLD TRUST	1,650	$211K	0.0%	$127.88	—	COM	78463v107
SPY	S&P DEPOSITARY RECEIPTS	1,240	$208K	0.0%	$167.74	—	COM	78462F103
—	FARMERS CAP BK CORP	9,500	$208K	0.0%	$21.67	—	COM	309562106
—	TOTAL SYS SERV INC	6,984	$205K	0.0%	$29.35	—	COM	891906109
NSRGY	NESTLE S.A SPONS	2,922	$204K	0.0%	$69.82	—	COM	641069406
HAL	HALIBURTON CO	4,209	$203K	0.0%	$37.32	0.0%	COM	406216101
—	APPLE INC	300	$143K	0.0%	$396.00	—	CALL	037833900
—	SYNOVUS FINANCIAL	17,625	$58,000	0.0%	$2.90	—	COM	87161c105