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
Expires: July 31, 2015
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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
Abbott Labs COM 002824100 1,565,475 11,510 SH SOLE 11,510 0 0
AbbVie Inc COM 00287Y109 2,303,544 12,410 SH SOLE 12,410 0 0
Alphabet Inc Cl A COM 02079K305 2,771,922 15,729 SH SOLE 12,499 0 3,230
Alphabet Inc Cl C COM 02079K107 902,971,333 5,090,317 SH SOLE 4,948,840 0 141,477
Altria Group Inc COM 02209S103 11,224,152 191,440 SH SOLE 191,440 0 0
American Express COM 025816109 4,348,973 13,634 SH SOLE 13,070 0 564
Apple Inc COM 037833100 1,056,420 5,149 SH SOLE 3,699 0 1,450
Berkshire Hathaway Inc Cl A COM 084670108 1,183,571,200 1,624 SH SOLE 1,527 0 97
Berkshire Hathaway Inc Cl B COM 084670702 560,853,526 1,154,566 SH SOLE 1,108,567 0 45,999
Brown-Forman Corp Cl A COM 115637100 50,191,769 1,827,148 SH SOLE 1,795,479 0 31,669
Brown-Forman Corp Cl B COM 115637209 20,950,005 778,521 SH SOLE 712,996 0 65,525
Chevron Corp COM 166764100 382,317 2,670 SH SOLE 2,670 0 0
Coca-Cola COM 191216100 965,030 13,640 SH SOLE 13,640 0 0
Comcast Corp New Cl A COM 20030N101 91,293,790 2,557,966 SH SOLE 2,451,953 0 106,013
Costco Whsl Corp COM 22160K105 4,585,964 4,633 SH SOLE 4,508 0 125
Crane Company COM 224408104 11,270,921 59,355 SH SOLE 55,055 0 4,300
Disney Walt Productions COM 254687106 349,478 2,818 SH SOLE 2,800 0 18
Doordash Inc Cl A COM 25809K105 238,316,008 966,760 SH SOLE 942,122 0 24,638
Dover Corp COM 260003108 3,948,790 21,551 SH SOLE 18,576 0 2,975
Exxon Mobil Corp COM 30231G102 20,514,478 190,301 SH SOLE 188,701 0 1,600
FB Bancorp Inc COM 31425A109 618,750 55,000 SH SOLE 55,000 0 0
Fomento Economico Mex Sponsore COM 344419106 346,837 3,368 SH SOLE 3,318 0 50
Fulton Finl Corp COM 360271100 1,230,328 68,200 SH SOLE 6,700 0 61,500
Generac Holdings Inc COM 368736104 809,137 5,650 SH SOLE 5,650 0 0
Herc Holdings Inc COM 42704l104 1,112,781 8,450 SH SOLE 8,450 0 0
Hormel Foods Corp COM 440452100 1,076,325 35,581 SH SOLE 28,097 0 7,484
Hyatt Hotels Corp Cl A COM 448579102 1,211,464 8,675 SH SOLE 8,675 0 0
J.P. Morgan Chase COM 46625H100 166,321,367 573,700 SH SOLE 560,967 0 12,733
JBT Marel Corp COM 477839104 871,885 7,250 SH SOLE 7,250 0 0
Lamar Advertising Co-A COM 512816109 725,005 5,974 SH SOLE 5,974 0 0
Levi Strauss & Co Cl A COM 52736r102 882,435 47,725 SH SOLE 47,725 0 0
Markel Corp COM 570535104 16,264,502 8,143 SH SOLE 7,033 0 1,110
Martin Marietta Materials COM 573284106 391,286,919 712,779 SH SOLE 677,179 0 35,599
Mastercard Inc Cl A COM 57636Q104 945,773,656 1,683,051 SH SOLE 1,608,909 0 74,142
McCormick Inc COM 579780206 3,182,620 41,976 SH SOLE 38,126 0 3,850
McDonalds Corp COM 580135101 205,980 705 SH SOLE 705 0 0
Microsoft Corp COM 594918104 2,109,018 4,240 SH SOLE 3,840 0 400
Nestle SA Sponsored ADR COM 641069406 597,393,236 6,014,833 SH SOLE 5,799,042 0 215,791
Netflix Inc COM 64110L106 726,255,729 542,334 SH SOLE 527,572 0 14,762
Oracle Corp COM 68389X105 759,739 3,475 SH SOLE 3,475 0 0
Outfront Media Inc COM 69007J304 256,061 15,690 SH SOLE 15,515 0 175
Pepsico Inc COM 713448108 1,447,133 10,960 SH SOLE 10,360 0 600
Philip Morris International In COM 718172109 887,578,954 4,873,326 SH SOLE 4,715,617 0 157,710
PNC Bank Corp COM 693475105 736,359 3,950 SH SOLE 3,950 0 0
Procter & Gamble COM 742718109 1,739,774 10,920 SH SOLE 10,304 0 616
Ralph Lauren Corp Cl A COM 751212101 1,124,548 4,100 SH SOLE 4,100 0 0
Truist Financial Corp COM 89832Q109 398,967 9,280 SH SOLE 9,280 0 0
Uber Technologies Inc COM 90353T100 456,864,163 4,896,722 SH SOLE 4,755,899 0 140,823
Union Pac Corp COM 907818108 5,686,491 24,715 SH SOLE 24,715 0 0
Unum Group COM 91529Y106 306,888 3,800 SH SOLE 3,800 0 0
Visa Inc Cl A COM 92826C839 45,071,467 126,944 SH SOLE 113,183 0 13,761
Vulcan Materials COM 929160109 2,650,453 10,162 SH SOLE 9,562 0 600
Wal Mart Stores Inc COM 931142103 993,934 10,165 SH SOLE 10,165 0 0
Warby Parker Inc Cl A COM 93403j106 1,271,940 58,000 SH SOLE 58,000 0 0
Wells Fargo COM 949746101 1,830,571 22,848 SH SOLE 14,148 0 8,700
Yeti Holdings Inc COM 98585x104 756,480 24,000 SH SOLE 24,000 0 0
Anheuser-Busch InBev SA COM B639CJ108 20,256,557 296,300 SH SOLE 279,742 0 16,558
Ashtead Group PLC COM G05320109 371,777,229 5,810,686 SH SOLE 5,639,527 0 171,159
Carlsberg B A/S COM K36628137 1,689,667 11,967 SH SOLE 11,502 0 465
Cofide SPA COM T19404101 172,534 251,250 SH SOLE 251,250 0 0
Compagnie Financiere Richemont COM H25662182 699,995,825 3,728,315 SH SOLE 3,599,027 0 129,288
Davide Campari-Milano NV COM N24565108 1,571,062 234,393 SH SOLE 226,768 0 7,625
De'Longhi COM t3508h102 1,179,279 35,250 SH SOLE 35,250 0 0
Deliveroo PLC COM g27035107 940,074 390,000 SH SOLE 390,000 0 0
Demant A/S COM k3008m105 1,704,302 41,000 SH SOLE 41,000 0 0
Diageo PLC COM G42089113 202,329 8,077 SH SOLE 8,077 0 0
Electrolux Professional COM w2457w116 1,233,789 175,500 SH SOLE 175,500 0 0
Fielmann COM d2617n114 1,530,818 23,000 SH SOLE 23,000 0 0
Fluidra COM e52619108 1,318,938 53,000 SH SOLE 53,000 0 0
H&M COM w41422101 892,470 64,000 SH SOLE 64,000 0 0
Hanjaya Mandala Sampoerna COM Y7121Z146 184,786 5,000,000 SH SOLE 5,000,000 0 0
Heineken Holding NV COM N39338194 625,941,848 8,430,646 SH SOLE 8,188,325 0 242,321
Heineken NV COM N39427211 1,314,708 15,131 SH SOLE 12,231 0 2,900
Konecranes COM x4550j108 1,869,741 23,650 SH SOLE 23,650 0 0
Lindt & Spruengli AG - Reg COM H49983176 2,491,206 15 SH SOLE 15 0 0
Loreal SA COM F58149133 1,726,211 4,050 SH SOLE 4,050 0 0
Lotus Bakeries COM b5783h102 1,102,891 115 SH SOLE 115 0 0
LT Group Inc COM Y5342M100 405,228 1,775,000 SH SOLE 1,775,000 0 0
Nestle SA-REG COM H57312649 1,117,584 11,285 SH SOLE 11,225 0 60
Pernod Ricard COM F72027109 280,466,225 2,824,214 SH SOLE 2,744,574 0 79,640
Puig Brands COM e8s64t107 1,337,813 68,000 SH SOLE 68,000 0 0
Rational AG COM d6349p107 814,887 975 SH SOLE 975 0 0
SSP Group COM g8402n125 1,293,890 548,000 SH SOLE 548,000 0 0
Zalando SE COM d98423102 853,037 26,000 SH SOLE 26,000 0 0
Swiss Helvetia FD Inc COM 870875101 2,753,060 434,237 SH SOLE 434,237 0 0