Holdings
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $770.0M | 6.9% | 1,114 | — | — | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $705.1M | 6.3% | 1,531,971 | — | — | Held |
| BN BROOKFIELD CORP | $463.2M | 4.2% | 8,715,741 | — | — | Held |
| GOOG ALPHABET INC-CL C | $459.7M | 4.1% | 2,749,860 | — | — | Held |
| AMZN AMAZON.COM INC | $378.4M | 3.4% | 2,030,760 | — | — | Held |
| HD HOME DEPOT INC | $372.8M | 3.4% | 920,000 | — | — | Held |
| DE DEERE & CO | $362.7M | 3.3% | 869,100 | +23,750 | +2.8% | Added |
| WSO WATSCO INC | $286.5M | 2.6% | 582,500 | +11,250 | +2.0% | Added |
| AAPL APPLE INC | $286.0M | 2.6% | 1,227,290 | — | — | Held |
| V VISA INC-CLASS A SHARES | $274.8M | 2.5% | 999,285 | — | — | Held |
| ADI ANALOG DEVICES INC | $268.8M | 2.4% | 1,167,671 | — | — | Held |
| NVO NOVO-NORDISK A/S-SPONS ADR | $256.0M | 2.3% | 2,150,000 | — | — | Held |
| MSFT MICROSOFT CORP | $221.6M | 2.0% | 514,980 | +7,500 | +1.5% | Added |
| BLKCHF BLACKROCK INC | $209.1M | 1.9% | 220,200 | — | — | Held |
| DIS WALT DISNEY CO | $195.4M | 1.8% | 2,031,665 | — | — | Held |
| DEO DIAGEO PLC-SPONSORED ADR | $191.8M | 1.7% | 1,366,708 | — | — | Held |
| PGR PROGRESSIVE CORP | $191.3M | 1.7% | 753,750 | — | — | Held |
| KKR KKR & CO INC | $189.6M | 1.7% | 1,451,800 | — | — | Held |
| BX BLACKSTONE INC | $188.2M | 1.7% | 1,229,000 | — | — | Held |
| LOW LOWE'S COS INC | $187.0M | 1.7% | 690,480 | +14,500 | +2.1% | Added |
| RLI RLI CORP | $185.6M | 1.7% | 1,197,272 | — | — | Held |
| GS GOLDMAN SACHS GROUP INC | $177.9M | 1.6% | 359,360 | — | — | Held |
| MRSH MARSH & MCLENNAN COS | $161.2M | 1.5% | 722,500 | +16,000 | +2.3% | Added |
| META META PLATFORMS INC-CLASS A | $157.6M | 1.4% | 275,231 | +4,250 | +1.6% | Added |
| TXN TEXAS INSTRUMENTS INC | $149.6M | 1.3% | 724,000 | — | — | Held |
| AXP AMERICAN EXPRESS CO | $131.3M | 1.2% | 484,250 | — | — | Held |
| APO APOLLO GLOBAL MANAGEMENT INC | $126.5M | 1.1% | 1,012,500 | — | — | Held |
| CAT CATERPILLAR INC | $124.7M | 1.1% | 318,750 | +7,250 | +2.3% | Added |
| LPLA LPL FINANCIAL HOLDINGS INC | $121.1M | 1.1% | 520,404 | +38,613 | +8.0% | Added |
| GD GENERAL DYNAMICS CORP | $118.2M | 1.1% | 391,000 | — | — | Held |
| NVR NVR INC | $114.8M | 1.0% | 11,704 | +175 | +1.5% | Added |
| BAM BROOKFIELD ASSET MGMT-A | $103.8M | 0.9% | 2,193,953 | — | — | Held |
| MA MASTERCARD INC - A | $102.5M | 0.9% | 207,540 | — | — | Held |
| MCO MOODY'S CORP | $101.5M | 0.9% | 213,890 | — | — | Held |
| JNJ JOHNSON & JOHNSON | $99.0M | 0.9% | 610,800 | — | — | Held |
| GOOGL ALPHABET INC-CL A | $92.0M | 0.8% | 555,000 | — | — | Held |
| SCHW SCHWAB (CHARLES) CORP | $87.5M | 0.8% | 1,350,800 | −15,966 | −1.2% | Reduced |
| ADM ARCHER-DANIELS-MIDLAND CO | $87.4M | 0.8% | 1,463,300 | — | — | Held |
| ITW ILLINOIS TOOL WORKS | $85.8M | 0.8% | 327,500 | — | — | Held |
| MSCI MSCI INC | $83.3M | 0.7% | 142,850 | — | — | Held |
| SPGI S&P GLOBAL INC | $77.8M | 0.7% | 150,690 | — | — | Held |
| HEI/A HEICO CORP-CLASS A | $77.4M | 0.7% | 379,644 | — | — | Held |
| LIN LINDE PLC | $73.9M | 0.7% | 155,000 | +11,500 | +8.0% | Added |
| ROL ROLLINS INC | $73.5M | 0.7% | 1,453,275 | +14,000 | +1.0% | Added |
| ECL ECOLAB INC | $70.0M | 0.6% | 274,300 | — | — | Held |
| DG DOLLAR GENERAL CORP | $62.8M | 0.6% | 742,250 | +45,000 | +6.5% | Added |
| ODFL OLD DOMINION FREIGHT LINE | $58.6M | 0.5% | 295,000 | +15,500 | +5.5% | Added |
| SBUX STARBUCKS CORP | $58.5M | 0.5% | 600,318 | +32,000 | +5.6% | Added |
| CG CARLYLE GROUP INC | $57.1M | 0.5% | 1,327,000 | — | — | Held |
| NSC NORFOLK SOUTHERN CORP | $57.0M | 0.5% | 229,500 | — | — | Held |
| ACN ACCENTURE PLC-CL A | $56.3M | 0.5% | 159,400 | — | — | Held |
| FDS FACTSET RESEARCH SYSTEMS INC | $53.7M | 0.5% | 116,720 | — | — | Held |
| FDX FEDEX CORP | $53.4M | 0.5% | 195,000 | +14,000 | +7.7% | Added |
| JPM JPMORGAN CHASE & CO | $53.3M | 0.5% | 252,550 | — | — | Held |
| ITIC INVESTORS TITLE CO | $49.0M | 0.4% | 213,300 | — | — | Held |
| TSN TYSON FOODS INC-CL A | $47.0M | 0.4% | 789,500 | +4,000 | +0.5% | Added |
| CMCSA COMCAST CORP-CLASS A | $45.2M | 0.4% | 1,081,241 | — | — | Held |
| FNV FRANCO-NEVADA CORP | $42.9M | 0.4% | 345,500 | +100,500 | +41.0% | Added |
| ROK ROCKWELL AUTOMATION INC | $41.6M | 0.4% | 154,900 | — | — | Held |
| AON AON PLC-CLASS A | $41.6M | 0.4% | 120,150 | +6,200 | +5.4% | Added |
| BF/A BROWN-FORMAN CORP-CLASS A | $40.5M | 0.4% | 843,000 | — | — | Held |
| MMM 3M CO | $40.2M | 0.4% | 293,750 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $38.8M | 0.3% | 144,950 | +11,250 | +8.4% | Added |
| NKE NIKE INC -CL B | $37.9M | 0.3% | 428,900 | +40,000 | +10.3% | Added |
| THG HANOVER INSURANCE GROUP INC/ | $37.6M | 0.3% | 254,000 | +14,000 | +5.8% | Added |
| SHW SHERWIN-WILLIAMS CO | $35.9M | 0.3% | 94,172 | — | — | Held |
| COST COSTCO WHOLESALE CORP | $34.7M | 0.3% | 39,150 | — | — | Held |
| TROW T ROWE PRICE GROUP INC | $34.2M | 0.3% | 314,000 | — | — | Held |
| LMT LOCKHEED MARTIN CORP | $32.9M | 0.3% | 56,363 | — | — | Held |
| HGTY HAGERTY INC-A | $30.5M | 0.3% | 3,000,000 | — | — | Held |
| ALL ALLSTATE CORP | $29.3M | 0.3% | 154,550 | — | — | Held |
| RTX CORPORATION | $27.1M | 0.2% | 224,000 | +224,000 | — | New |
| BF/B BROWN-FORMAN CORP-CLASS B | $23.3M | 0.2% | 474,187 | — | — | Held |
| TMO THERMO FISHER SCIENTIFIC INC | $21.9M | 0.2% | 35,400 | +6,000 | +20.4% | Added |
| YUM YUM! BRANDS INC | $21.9M | 0.2% | 156,502 | +70,000 | +80.9% | Added |
| EFX EQUIFAX INC | $21.4M | 0.2% | 72,850 | −25,000 | −25.5% | Reduced |
| UNP UNION PACIFIC CORP | $21.1M | 0.2% | 85,778 | — | — | Held |
| URI UNITED RENTALS INC | $21.0M | 0.2% | 25,950 | +3,950 | +18.0% | Added |
| CABO CABLE ONE INC | $21.0M | 0.2% | 60,050 | +6,250 | +11.6% | Added |
| TGT TARGET CORP | $20.7M | 0.2% | 133,000 | — | — | Held |
| HCA HCA HEALTHCARE INC | $20.7M | 0.2% | 50,930 | +15,825 | +45.1% | Added |
| PAYX PAYCHEX INC | $20.1M | 0.2% | 150,000 | — | — | Held |
| RNR RENAISSANCERE HOLDINGS LTD | $19.1M | 0.2% | 70,000 | — | — | Held |
| CARR CARRIER GLOBAL CORP | $18.9M | 0.2% | 235,000 | — | — | Held |
| CSCO CISCO SYSTEMS INC | $18.2M | 0.2% | 342,000 | — | — | Held |
| CCK CROWN HOLDINGS INC | $18.2M | 0.2% | 189,500 | — | — | Held |
| WHR WHIRLPOOL CORP | $16.9M | 0.2% | 157,619 | −124,430 | −44.1% | Reduced |
| FERG FERGUSON ENTERPRISES INC | $16.8M | 0.2% | 84,500 | +84,500 | — | New |
| PEP PEPSICO INC | $16.4M | 0.1% | 96,210 | — | — | Held |
| APD AIR PRODUCTS & CHEMICALS INC | $15.5M | 0.1% | 52,000 | +14,000 | +36.8% | Added |
| CHH CHOICE HOTELS INTL INC | $15.0M | 0.1% | 115,500 | +5,000 | +4.5% | Added |
| LAMR LAMAR ADVERTISING CO-A | $14.8M | 0.1% | 111,000 | +17,000 | +18.1% | Added |
| SMG SCOTTS MIRACLE-GRO CO | $14.6M | 0.1% | 168,000 | — | — | Held |
| UNH UNITEDHEALTH GROUP INC | $14.1M | 0.1% | 24,064 | +3,250 | +15.6% | Added |
| IQV IQVIA HOLDINGS INC | $13.9M | 0.1% | 58,726 | — | — | Held |
| PM PHILIP MORRIS INTERNATIONAL | $13.9M | 0.1% | 114,500 | — | — | Held |
| COF CAPITAL ONE FINANCIAL CORP | $13.6M | 0.1% | 91,000 | — | — | Held |
| AMT AMERICAN TOWER CORP | $12.1M | 0.1% | 51,910 | — | — | Held |
| SEIC SEI INVESTMENTS COMPANY | $12.0M | 0.1% | 173,200 | — | — | Held |
| OTIS OTIS WORLDWIDE CORP | $11.9M | 0.1% | 114,620 | — | — | Held |
| HXL HEXCEL CORP | $11.7M | 0.1% | 189,000 | — | — | Held |
| GPK GRAPHIC PACKAGING HOLDING CO | $11.7M | 0.1% | 394,725 | +60,000 | +17.9% | Added |
| WFC WELLS FARGO & CO | $11.5M | 0.1% | 204,450 | — | — | Held |
| OI O-I GLASS INC | $10.7M | 0.1% | 814,100 | +140,000 | +20.8% | Added |
| TRU TRANSUNION | $10.6M | 0.1% | 101,050 | — | — | Held |
| CE CELANESE CORP | $10.6M | 0.1% | 77,800 | — | — | Held |
| KMX CARMAX INC | $10.6M | 0.1% | 136,500 | — | — | Held |
| SPOT SPOTIFY TECHNOLOGY SA | $9.5M | 0.1% | 25,900 | — | — | Held |
| MAR MARRIOTT INTERNATIONAL -CL A | $8.9M | 0.1% | 36,000 | +14,000 | +63.6% | Added |
| BNY BANK OF NEW YORK MELLON CORP | $8.7M | 0.1% | 121,500 | — | — | Held |
| EMN EASTMAN CHEMICAL CO | $8.4M | 0.1% | 74,950 | — | — | Held |
| SHOP SHOPIFY INC - CLASS A | $8.2M | 0.1% | 102,750 | — | — | Held |
| HSY HERSHEY CO | $6.9M | 0.1% | 36,000 | +14,500 | +67.4% | Added |
| UBER UBER TECHNOLOGIES INC | $6.6M | 0.1% | 88,000 | +17,000 | +23.9% | Added |
| SONY SONY GROUP CORP - SP ADR | $6.5M | 0.1% | 67,000 | — | — | Held |
| NSP INSPERITY INC | $6.2M | 0.1% | 70,143 | +17,237 | +32.6% | Added |
| FIX COMFORT SYSTEMS USA INC | $5.1M | 0.0% | 13,000 | — | — | Held |
| GHC GRAHAM HOLDINGS CO-CLASS B | $4.3M | 0.0% | 5,200 | — | — | Held |
| BALL BALL CORP | $3.5M | 0.0% | 51,000 | — | — | Held |
| WRB WR BERKLEY CORP | $3.4M | 0.0% | 60,750 | +20,250 | +50.0% | Added |
| IT GARTNER INC | $2.9M | 0.0% | 5,700 | — | — | Held |
| WTW WILLIS TOWERS WATSON PLC | $2.5M | 0.0% | 8,627 | — | — | Held |
| ABNB AIRBNB INC-CLASS A | $2.4M | 0.0% | 19,150 | +19,150 | — | New |
| DPZ DOMINO'S PIZZA INC | $1.9M | 0.0% | 4,500 | +4,500 | — | New |
| INTU INTUIT INC | $1.7M | 0.0% | 2,720 | — | — | Held |
| CSGP COSTAR GROUP INC | $1.4M | 0.0% | 18,600 | — | — | Held |
| EL ESTEE LAUDER COMPANIES-CL A | $1.4M | 0.0% | 14,000 | +14,000 | — | New |
| DNB DUN & BRADSTREET HOLDINGS IN | $1.3M | 0.0% | 115,000 | — | — | Held |
| BC BRUNSWICK CORP | $1.2M | 0.0% | 14,000 | +14,000 | — | New |
| ICE INTERCONTINENTAL EXCHANGE IN | $822K | 0.0% | 5,120 | — | — | Held |
| BUD ANHEUSER-BUSCH INBEV-SPN ADR | $729K | 0.0% | 11,000 | — | — | Held |
| SOLV SOLVENTUM CORP | $52K | 0.0% | 750 | −72,687 | −99.0% | Reduced |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| RTX RTX CORP | 224,000 | $22.5M |
| FERG1GBX FERGUSON PLC | 70,500 | $13.7M |
| EA* ELECTRONIC ARTS INC | 49,800 | $6.9M |
| CBRL CRACKER BARREL OLD COUNTRY | 111,000 | $4.7M |
| CVS CVS HEALTH CORP | 47,000 | $2.8M |
| BROOKFIELD REINS LTD | 60,101 | $2.5M |
| ULS UL SOLUTIONS INC - CLASS A | 36,000 | $1.5M |
| HAGERTY INC | 540,000 | $1.1M |
Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.