Holdings
| COLFAX CORP | $384.7M | 11.2% | 5,161,180 | −890 | −0.0% | Reduced |
| AMT AMERICAN TOWER CORP | $362.1M | 10.5% | 4,024,596 | −2,525 | −0.1% | Reduced |
| MKL MARKEL GROUP INC | $323.4M | 9.4% | 493,273 | +112,266 | +29.5% | Added |
| MA MASTERCARD INC - A | $314.4M | 9.1% | 4,278,795 | +315,265 | +8.0% | Added |
| MCO MOODY'S CORP | $305.2M | 8.9% | 3,482,130 | — | — | Held |
| DISCKUSD DISCOVERY INC-C | $208.2M | 6.0% | 2,868,230 | +1,084,030 | +60.8% | Added |
| DLTR DOLLAR TREE INC | $189.7M | 5.5% | 3,482,423 | +499,400 | +16.7% | Added |
| LYV LIVE NATION ENTERTAINMENT IN | $156.8M | 4.6% | 6,350,000 | — | — | Held |
| ORLY O'REILLY AUTOMOTIVE INC | $123.7M | 3.6% | 821,267 | −615 | −0.1% | Reduced |
| SBA COMMUNICATIONS CORP | $122.8M | 3.6% | 1,200,000 | +222,400 | +22.7% | Added |
| V VISA INC-CLASS A SHARES | $120.2M | 3.5% | 570,430 | — | — | Held |
| DHR DANAHER CORP | $118.1M | 3.4% | 1,500,000 | +1,200,000 | +400.0% | Added |
| ROP ROPER TECHNOLOGIES INC | $99.6M | 2.9% | 681,900 | +602,900 | +763.2% | Added |
| AMT TD AMERITRADE HOLDING CORP | $99.0M | 2.9% | 3,158,900 | — | — | Held |
| LPLA LPL FINANCIAL HOLDINGS INC | $85.3M | 2.5% | 1,715,000 | — | — | Held |
| 48R ENSTAR GROUP LTD | $75.2M | 2.2% | 498,720 | +94 | +0.0% | Added |
| AAPL APPLE INC | $59.2M | 1.7% | 637,238 | +546,209 | +600.0% | Added |
| MARKWEST ENERGY PARTNERS L P | $50.6M | 1.5% | 706,965 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $48.0M | 1.4% | 800,000 | — | — | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $39.3M | 1.1% | 310,611 | −1,408 | −0.5% | Reduced |
| KMX CARMAX INC | $31.2M | 0.9% | 600,000 | +400,000 | +200.0% | Added |
| MNRO MONRO INC | $26.6M | 0.8% | 500,000 | — | — | Held |
| BVE DIAMOND HILL INVESTMENT GRP | $18.6M | 0.5% | 145,500 | — | — | Held |
| LIBERTY INTERACTIVE CORP | $13.3M | 0.4% | 180,000 | +90,000 | +100.0% | Added |
| HIG HARTFORD INSURANCE GROUP INC | $11.3M | 0.3% | 314,982 | −2,892 | −0.9% | Reduced |
| AMT 5.25 05/15/17 A AMERICAN TOWER CORP | $10.6M | 0.3% | 100,000 | +100,000 | — | New |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $9.9M | 0.3% | 52 | — | — | Held |
| PRMWUSD PRIMO WATER CORP | $7.6M | 0.2% | 1,600,000 | — | — | Held |
| AKX ANSYS INC | $7.6M | 0.2% | 100,300 | +5,500 | +5.8% | Added |
| BANK OF AMERICA CORPORATION | $4.8M | 0.1% | 700,000 | — | — | Held |
| LAMAR ADVERTISING CO | $3.6M | 0.1% | 67,100 | — | — | Held |
| LEUCADIA NATL CORP | $3.4M | 0.1% | 131,000 | −1,869,000 | −93.5% | Reduced |
| TDG TRANSDIGM GROUP INC | $1.7M | 0.0% | 10,000 | — | — | Held |
| CROWN CASTLE INTL CORP | $1.6M | 0.0% | 15,700 | +15,700 | — | New |
| CSX CSX CORP | $1.3M | 0.0% | 42,899 | −7,018 | −14.1% | Reduced |
| NUSTAR GP HOLDINGS LLC | $1.1M | 0.0% | 27,775 | — | — | Held |
| WMB WILLIAMS COS INC | $1.1M | 0.0% | 18,230 | −650 | −3.4% | Reduced |
| NLYEUR ANNALY CAPITAL MANAGEMENT IN | $572K | 0.0% | 50,044 | — | — | Held |
| AIEUR ARLINGTON ASSET INVESTMENT-A | $273K | 0.0% | 10,000 | — | — | Held |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| ROST ROSS STORES INC | 1,631,038 | $116.7M |
| EQUINIX INC | 212,300 | $39.2M |
| DIRECTV | 500,000 | $38.2M |
| FDS FACTSET RESEARCH SYSTEMS INC | 130,000 | $14.0M |
| EXMOC EXXON MOBIL CORP | 4,446 | $434K |
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.