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
ARRIS INTL INC SHS G0551A103 6,936,300 270,000 SH   SOLE   270,000 0 0
AXALTA COATING SYS LTD COM G0750C108 8,342,408 257,800 SH   SOLE   257,800 0 0
ACCENTURE PLC IRELAND SHS CL A G1151C101 17,605,350 115,000 SH   SOLE   115,000 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 7,950,075 199,500 SH   SOLE   199,500 0 0
EATON CORP PLC SHS G29183103 9,457,497 119,700 SH   SOLE   119,700 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 507,600 15,000 SH   SOLE   15,000 0 0
MEDTRONIC PLC COM G5960L103 43,505,193 538,764 SH   SOLE   538,764 0 0
CHUBB LIMITED COM H1467J104 25,770,025 176,350 SH   SOLE   176,350 0 0
GARMIN LTD SHS H2906t109 6,552,700 110,000 SH   SOLE   110,000 0 0
TE CONNECTIVITY LTD REG SHS H84989104 2,566,080 27,000 SH   SOLE   27,000 0 0
INTERXION HOLDING N.V SHS N47279109 10,018,100 170,000 SH   SOLE   170,000 0 0
ABBVIE INC COM 00287Y109 232,104 2,400 SH   SOLE   2,400 0 0
ALLEGHANY CORP DEL COM 017175100 6,489,034 10,886 SH   SOLE   10,886 0 0
AMERCO COM 023586100 6,424,470 17,000 SH   SOLE   17,000 0 0
AMERICAN ARILS GROUP INC COM 02376R103 9,880,497 189,900 SH   SOLE   189,900 0 0
AMETEK INC NEW COM 031100100 17,900,090 247,000 SH   SOLE   247,000 0 0
AMGEN INC COM 031162100 40,909,975 235,250 SH   SOLE   235,250 0 0
ANADARKO PETE CORP COM 032511107 201,150 3,750 SH   SOLE   3,750 0 0
ANSYS INC COM 03662Q105 12,559,909 85,100 SH   SOLE   85,100 0 0
APACHE CORP COM 037411105 270,208 6,400 SH   SOLE   6,400 0 0
APPLE INC COM 037833100 563,536 3,330 SH   SOLE   3,330 0 0
ARROW ELECTRS INC COM 042735100 9,005,920 112,000 SH   SOLE   112,000 0 0
AUTONATION INC COM 05329W102 10,363,527 201,900 SH   SOLE   201,900 0 0
AVNET INC COM 053807103 3,169,600 80,000 SH   SOLE   80,000 0 0
BB&T CORP COM 054937107 21,205,580 426,500 SH   SOLE   426,500 0 0
BANK NEW YORK MELLON CORP COM 064058100 24,980,268 463,800 SH   SOLE   463,800 0 0
BARRICK GOLD CORP COM 067901108 289,400 20,000 SH   SOLE   20,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 892,800 3 SH   SOLE   3 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,927,689 9,725 SH   SOLE   9,725 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133t103 19,556,222 215,900 SH   SOLE   215,900 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,306,200 30,000 SH   SOLE   30,000 0 0
BROWN FORMAN CORP CL B 115637209 37,535,022 546,600 SH   SOLE   546,600 0 0
CANADIAN NATL RY CO COM 136375102 1,485,000 18,000 SH   SOLE   18,000 0 0
CERNER CORP COM 156782104 12,332,370 183,000 SH   SOLE   183,000 0 0
CISCO SYS INC COM 17275R102 35,044,500 915,000 SH   SOLE   915,000 0 0
CITIGROUP INC COM NEW 172967424 2,358,797 31,700 SH   SOLE   31,700 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 43,393,220 611,000 SH   SOLE   611,000 0 0
COLFAX CORP COM 194014106 13,748,140 347,000 SH   SOLE   347,000 0 0
COPART INC COM 217204106 16,628,150 385,000 SH   SOLE   385,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 616,860 14,900 SH   SOLE   14,900 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 39,486,512 270,400 SH   SOLE   270,400 0 0
DISCOVER FINL SVCS COM 254709108 25,314,372 329,100 SH   SOLE   329,100 0 0
DONALDSON INC COM 257651109 26,506,425 541,500 SH   SOLE   541,500 0 0
ECOLAB INC COM 278865100 6,138,735 45,750 SH   SOLE   45,750 0 0
EMERSON ELEC CO COM 291011104 296,183 4,250 SH   SOLE   4,250 0 0
EQUINIX INC COM NEW 29444U700 7,978,032 17,603 SH   SOLE   17,603 0 0
EXPEDITORS INTL WASH INC COM 302130109 7,115,900 110,000 SH   SOLE   110,000 0 0
EXXON MOBIL CORP COM 30231g102 25,275,004 302,188 SH   SOLE   302,188 0 0
FASTENAL CO COM 311900104 3,554,850 65,000 SH   SOLE   65,000 0 0
FEDERATED INVS INC PA CL B 314211103 3,672,944 101,800 SH   SOLE   101,800 0 0
FIFTH THIRD BANCORP COM 316773100 26,532,330 874,500 SH   SOLE   874,500 0 0
GENERAL DYNAMICS CORP COM 369550108 386,555 1,900 SH   SOLE   1,900 0 0
FORTIVE CORP COM 34959J108 6,873,250 95,000 SH   SOLE   95,000 0 0
GENERAL ELECTRIC CO COM 369604103 386,555 1,900 SH   SOLE   1,900 0 0
GILDAN ACTIVEWEAR INC COM 375916103 3,230,000 100,000 SH   SOLE   100,000 0 0
GOLDCORP INC NEW COM 380956409 855,590 67,000 SH   SOLE   67,000 0 0
GRACO INC COM 384109104 33,935,349 750,450 SH   SOLE   750,450 0 0
GRAHAM HLDGS CO COM 384637104 3,070,925 5,500 SH   SOLE   5,500 0 0
HALLIBURTON CO COM 406216101 794,138 16,250 SH   SOLE   16,250 0 0
HEICO CORP NEW CL A 422806208 9,881,250 125,000 SH   SOLE   125,000 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 1,464,720 102,000 SH   SOLE   102,000 0 0
HEXCEL CORP NEW COM 428291108 45,707,150 739,000 SH   SOLE   739,000 0 0
ILLINOIS TOOL WKS INC COM 452308109 21,056,470 126,200 SH   SOLE   126,200 0 0
INTERACTIVE BROKERS GROUP IN COM 45841N107 7,223,620 122,000 SH   SOLE   122,000 0 0
ISHARES GOLD TRUST I SHARES 464285105 275,220 22,000 SH   SOLE   22,000 0 0
JOHNSON & JOHNSON COM 478160104 754,488 5,400 SH   SOLE   5,400 0 0
JOHNSON CTLS INC COM 478366107 26,419,910 693,254 SH   SOLE   693,254 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 1,514,419 40,064 SH   SOLE   40,064 0 0
KROGER CO COM 501044101 1,174,860 42,800 SH   SOLE   42,800 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 20,576,790 129,000 SH   SOLE   129,000 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 11,755,788 481,400 SH   SOLE   481,400 0 0
LOWES COS INC COM 548661107 53,933,082 580,300 SH   SOLE   580,300 0 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 2,424,775 11,500 SH   SOLE   11,500 0 0
MSC INDL DIRECT INC CL A 553530106 37,368,756 386,600 SH   SOLE   386,600 0 0
MASTERCARD INC CL A 57636Q104 19,139,472 126,450 SH   SOLE   126,450 0 0
MICROSOFT CORP COM 594918104 1,099,189 12,850 SH   SOLE   12,850 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 13,182,000 150,000 SH   SOLE   150,000 0 0
MOODYS CORP COM 615369105 60,018,226 406,600 SH   SOLE   406,600 0 0
NOBLE ENERGY INC COM 655044105 6,419,542 220,300 SH   SOLE   220,300 0 0
NORFOLK SOUTHERN CORP COM 655844108 9,932,895 68,550 SH   SOLE   68,550 0 0
OMNICOM GROUP INC COM 681919106 31,681,050 435,000 SH   SOLE   435,000 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 14,913,480 62,000 SH   SOLE   62,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 20,070,739 139,100 SH   SOLE   139,100 0 0
PAN AMERICAN SILVER CORP COM 697900108 544,600 35,000 SH   SOLE   35,000 0 0
PAYCHEX INC COM 704326107 285,936 4,200 SH   SOLE   4,200 0 0
PHILLIPS 66 COM 718546104 202,300 2,000 SH   SOLE   2,000 0 0
PIONEER NAT RES CO COM 723787107 7,951,100 46,000 SH   SOLE   46,000 0 0
POLARIS INDS INC COM 731068102 7,439,400 60,000 SH   SOLE   60,000 0 0
PRAXAIR INC COM 74005p104 44,052,864 284,800 SH   SOLE   284,800 0 0
PRICELINE GRP INC COM NEW 741503403 18,072,496 10,400 SH   SOLE   10,400 0 0
PULTE GROUP INC COM 745867101 285,950 8,600 SH   SOLE   8,600 0 0
QUALCOMM INC COM 747525103 729,828 11,400 SH   SOLE   11,400 0 0
RPM INTL INC COM 749685103 23,798,680 454,000 SH   SOLE   454,000 0 0
ROCKWELL AUTOMATION INC COM 773903109 12,959,100 66,000 SH   SOLE   66,000 0 0
ROLLINS INC COM 775711104 2,326,500 50,000 SH   SOLE   50,000 0 0
ROPER TECHNOLOGIES INC COM 776696106 7,770,000 30,000 SH   SOLE   30,000 0 0
ROSS STORES INC COM 778296103 8,277,788 103,150 SH   SOLE   103,150 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 6,296,338 92,200 SH   SOLE   92,200 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,180,278 25,720 SH   SOLE   25,720 0 0
SCHLUMBERGER LTD COM 806857108 31,098,800 461,475 SH   SOLE   461,475 0 0
SCHWAB CHARLES CORP NEW COM 808513105 5,137,000 100,000 SH   SOLE   100,000 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 5,947,320 116,000 SH   SOLE   116,000 0 0
SHIRE PLC SPONSORED ADR 82481r106 2,249,240 14,500 SH   SOLE   14,500 0 0
STRYKER CORP COM 863667101 418,068 2,700 SH   SOLE   2,700 0 0
TJX COS INC NEW COM 872540109 37,557,152 491,200 SH   SOLE   491,200 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1,685,125 42,500 SH   SOLE   42,500 0 0
TEXAS INSTRS INC COM 882508104 9,211,608 88,200 SH   SOLE   88,200 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 16,011,686 35,850 SH   SOLE   35,850 0 0
3M CO COM 88579Y101 30,221,508 128,400 SH   SOLE   128,400 0 0
TRACTOR SUPPLY CO COM 892356106 48,961,250 655,000 SH   SOLE   655,000 0 0
US BANCORP DEL COM NEW 902973304 21,651,678 404,100 SH   SOLE   404,100 0 0
UNICO AMERN CORP COM 904607108 3,259,470 383,467 SH   SOLE   383,467 0 0
UNITED PARCEL SERVICE INC CL B 911312106 48,458,305 406,700 SH   SOLE   406,700 0 0
V F CORP COM 918204108 56,680,300 765,950 SH   SOLE   765,950 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 2,879,240 36,400 SH   SOLE   36,400 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 333,494 14,350 SH   SOLE   14,350 0 0
VARIAN MED SYS INC COM 92220P105 7,113,600 64,000 SH   SOLE   64,000 0 0
VISA INC COM CL A 92826C839 14,936,620 131,000 SH   SOLE   131,000 0 0
WPP PLC NEW ADR 92937A102 905,600 10,000 SH   SOLE   10,000 0 0
WAL-MART STORES INC COM 931142103 202,438 2,050 SH   SOLE   2,050 0 0
WATERS CORP COM 941848103 3,979,714 20,600 SH   SOLE   20,600 0 0
WILLIAMS SONOMA INC COM 969904101 12,408,000 240,000 SH   SOLE   240,000 0 0
ZIMMER BIOMET HLDGS INC COM 98956p102 53,800,720 445,850 SH   SOLE   445,850 0 0