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
ALPHABET INC CL A 02079K305 68,103 69,941 SH   SOLE   69,941 0 0
ALPHABET INC CL C 02079K107 138,969 144,893 SH   SOLE   144,893 0 0
AMERICAN TOWER CORP NEW COM 03027X100 331,091 2,422,381 SH   SOLE   2,422,381 0 0
AMERICAN WOODMARK CORP COM 030506109 139,434 1,448,666 SH   SOLE   1,448,666 0 0
AMETEK INC NEW COM 031100100 37,659 570,245 SH   SOLE   570,245 0 0
AON PLC CL A G0408V102 211,357 1,446,663 SH   SOLE   1,446,663 0 0
AUTOZONE INC COM 053332102 3,699 6,216 SH   SOLE   6,216 0 0
BROOKFIELD ASSET MGMT INC CL A 112585104 220,211 5,331,983 SH   SOLE   5,331,983 0 0
CARMAX INC COM 143130102 255,573 3,371,233 SH   SOLE   3,371,233 0 0
DIAMOND HILL INV GROUP NEW COM 25264R207 20,116 94,729 SH   SOLE   94,729 0 0
DRIVE SHACK INC COM 262077100 10,438 2,891,311 SH   SOLE   2,891,311 0 0
ENCORE CAP GROUP INC COM 292554102 128,287 2,895,876 SH   SOLE   2,895,876 0 0
GAMING AND LEISURE PROPERTIES INC COM 36467J108 133,801 3,627,013 SH   SOLE   3,627,013 0 0
HEXCEL CORP NEW COM 428291108 170,976 2,977,646 SH   SOLE   2,977,646 0 0
MARKEL CORP COM 570535104 274,377 256,912 SH   SOLE   256,912 0 0
MARLIN BUSINESS SVCS CORP COM 571157106 35,320 1,228,527 SH   SOLE   1,228,527 0 0
MISTRAS GROUP INC COM 60649T107 32,285 1,574,899 SH   SOLE   1,574,899 0 0
NVR INC COM 62944T105 108,284 37,928 SH   SOLE   37,928 0 0
O'REILLY AUTOMOTIVE INC NEW COM 67103H107 209,611 973,260 SH   SOLE   973,260 0 0
PENN NATL GAMING INC COM 707569109 28,016 1,197,772 SH   SOLE   1,197,772 0 0
SBA COMMUNICATIONS CORP COM 78388J106 6,983 48,474 SH   SOLE   48,474 0 0
SCHEIN HENRY INC COM 806407102 55,608 678,226 SH   SOLE   678,226 0 0
SCHWAB CHARLES CORP NEW COM 808513105 202,605 4,632,031 SH   SOLE   4,632,031 0 0
TWENTY-FIRST CENTURY FOX INC CL A 90130A101 107,669 4,081,451 SH   SOLE   4,081,451 0 0
TWENTY-FIRST CENTURY FOX INC CL B 90130A200 9,295 360,428 SH   SOLE   360,428 0 0
WORLD FUEL SVCS CORP COM 981475106 47,772 1,408,781 SH   SOLE   1,408,781 0 0