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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

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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
CANADIAN IMPERIAL BANK OF CO COM 136069101 22,986,629 200,000 SH SOLE 0 0 200,000
TORONTO DOMINION BK ONT COM NEW 891160509 24,270,232 200,000 SH SOLE 0 0 200,000
BANK NOVA SCOTIA B C COM 064149107 26,024,631 300,000 SH SOLE 0 0 300,000
BANK MONTREAL MEDIUM COM 063671101 22,050,493 125,000 SH SOLE 0 0 125,000
MANULIFE FINL CORP COM 56501R106 32,382,829 800,000 SH SOLE 0 0 800,000
ROYAL BK CDA COM 780087102 15,500,352 75,000 SH SOLE 0 0 75,000
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 25,019,500 50,000 SH SOLE 0 0 50,000
MARKEL GROUP INC COM 570535104 16,600,585 8,500 SH SOLE 0 0 8,500
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 34,340,500 50,000 SH SOLE 0 0 50,000