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
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
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 182,548 364,813 SH DFND 1 295,766 0 69,047
NEWMONT CORP COM 651639106 41,836 447,920 SH DFND 1 369,822 0 78,098
AFLAC INC COM 001055102 60,191 513,359 SH DFND 1 421,850 0 91,509
CSX CORP COM 126408103 120,097 2,526,725 SH DFND 1 2,053,147 0 473,578
HP INC COM 40434L105 163,996 7,474,697 SH DFND 1 6,080,328 0 1,394,369
ALPHABET INC CAP STK CL A 02079K305 117,785 329,595 SH DFND 1 266,914 0 62,681
META PLATFORMS INC CL A 30303M102 170,637 302,931 SH DFND 1 247,170 0 55,761
AMERICAN EXPRESS CO COM 025816109 127,018 375,514 SH DFND 1 304,809 0 70,705
AMERIPRISE FINL INC COM 03076C106 120,639 262,966 SH DFND 1 214,265 0 48,701
KROGER CO COM 501044101 98,875 1,780,542 SH DFND 1 1,457,369 0 323,173
SERVICE CORP INTL COM 817565104 25,166 331,276 SH DFND 1 269,587 0 61,689
UNION PAC CORP COM 907818108 94,975 349,171 SH DFND 1 279,927 0 69,244
ELEVANCE HEALTH INC FORMERLY COM 036752103 88,943 229,987 SH DFND 1 187,244 0 42,743
APPLIED MATLS INC COM 038222105 127,790 176,751 SH DFND 1 138,796 0 37,955
LOWES COS INC COM 548661107 102,617 465,406 SH DFND 1 379,000 0 86,406
QUALCOMM INC COM 747525103 193,993 1,049,807 SH DFND 1 857,609 0 192,198
MODERNA INC COM 60770K107 104 1,490 SH DFND 1 0 0 1,490
THE CIGNA GROUP COM 125523100 122,399 443,993 SH DFND 1 363,171 0 80,822
HCA HEALTHCARE INC COM 40412C101 90,645 232,486 SH DFND 1 189,795 0 42,691
UNITEDHEALTH GROUP INC COM 91324P102 128 307 SH DFND 1 0 0 307
SONY GROUP CORP SPONSORED ADR 835699307 110 5,500 SH DFND 1 0 0 5,500
BAIDU INC SPON ADR REP A 056752108 97 850 SH DFND 1 0 0 850
VISA INC COM CL A 92826C839 154 450 SH DFND 1 0 0 450
MOODYS CORP COM 615369105 111 245 SH DFND 1 0 0 245
ROCKWELL AUTOMATION INC COM 773903109 119 240 SH DFND 1 0 0 240
PFIZER INC COM 717081103 96 4,000 SH DFND 1 0 0 4,000
GENERAL DYNAMICS CORP COM 369550108 142 400 SH DFND 1 0 0 400
NORTHROP GRUMMAN CORP COM 666807102 92 180 SH DFND 1 0 0 180
GOLDMAN SACHS GROUP INC COM 38141G104 101 100 SH DFND 1 0 0 100
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 54 3,200 SH DFND 1 0 0 3,200
INTEL CORP COM 458140100 161 1,150 SH DFND 1 0 0 1,150
LOCKHEED MARTIN CORP COM 539830109 160 315 SH DFND 1 0 0 315
JOHNSON & JOHNSON COM 478160104 119 470 SH DFND 1 0 0 470
TEXAS INSTRS INC COM 882508104 112 375 SH DFND 1 0 0 375
THERMO FISHER SCIENTIFIC INC COM 883556102 80 160 SH DFND 1 0 0 160
UNITED PARCEL SVCS INC CL B 911312106 104,225 969,545 SH DFND 1 791,329 0 178,216
ZOETIS INC CL A 98978V103 42,877 596,697 SH DFND 1 485,628 0 111,069
US BANCORP COM NEW 902973304 151 2,500 SH DFND 1 0 0 2,500
TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 0 0 SH DFND 1 0 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 0 0 SH DFND 1 0 0 0