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 153,334 307,932 SH DFND 1 242,399 0 65,533
NEWMONT CORP COM 651639106 50,468 437,559 SH DFND 1 361,675 0 75,884
AFLAC INC COM 001055102 55,063 492,620 SH DFND 1 408,139 0 84,481
CSX CORP COM 126408103 60,824 1,307,770 SH DFND 1 1,054,534 0 253,236
HP INC COM 40434L105 185,215 5,921,156 SH DFND 1 4,771,376 0 1,149,780
ALPHABET INC CAP STK CL A 02079K305 111,502 324,064 SH DFND 1 260,769 0 63,295
META PLATFORMS INC CL A 30303M102 232,952 321,233 SH DFND 1 258,781 0 62,452
AMERICAN EXPRESS CO COM 025816109 112,757 370,795 SH DFND 1 297,924 0 72,871
AMERIPRISE FINL INC COM 03076C106 127,743 259,459 SH DFND 1 209,530 0 49,929
KROGER CO COM 501044101 102,880 1,755,027 SH DFND 1 1,423,770 0 331,257
SERVICE CORP INTL COM 817565104 24,884 326,760 SH DFND 1 263,537 0 63,223
UNION PAC CORP COM 907818108 93,337 342,987 SH DFND 1 272,171 0 70,816
ELEVANCE HEALTH INC FORMERLY COM 036752103 88,209 226,870 SH DFND 1 183,066 0 43,804
APPLIED MATLS INC COM 038222105 63,905 124,960 SH DFND 1 102,114 0 22,846
LOWES COS INC COM 548661107 112,597 610,988 SH DFND 1 492,799 0 118,189
QUALCOMM INC COM 747525103 199,047 1,081,550 SH DFND 1 871,238 0 210,312
MODERNA INC COM 60770K107 287 1,490 SH DFND 1 0 0 1,490
THE CIGNA GROUP COM 125523100 119,512 439,652 SH DFND 1 355,038 0 84,614
HCA HEALTHCARE INC COM 40412C101 97,820 229,225 SH DFND 1 185,488 0 43,737
UNITEDHEALTH GROUP INC COM 91324P102 113 307 SH DFND 1 0 0 307
SONY GROUP CORP SPONSORED ADR 835699307 129 5,500 SH DFND 1 0 0 5,500
BAIDU INC SPON ADR REP A 056752108 74 850 SH DFND 1 0 0 850
VISA INC COM CL A 92826C839 162 450 SH DFND 1 0 0 450
MOODYS CORP COM 615369105 111 245 SH DFND 1 0 0 245
ROCKWELL AUTOMATION INC COM 773903109 104 240 SH DFND 1 0 0 240
PFIZER INC COM 717081103 114 4,000 SH DFND 1 0 0 4,000
GENERAL DYNAMICS CORP COM 369550108 133 400 SH DFND 1 0 0 400
NORTHROP GRUMMAN CORP COM 666807102 87 180 SH DFND 1 0 0 180
GOLDMAN SACHS GROUP INC COM 38141G104 90 100 SH DFND 1 0 0 100
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 30 3,200 SH DFND 1 0 0 3,200
INTEL CORP COM 458140100 138 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 124 470 SH DFND 1 0 0 470
TEXAS INSTRS INC COM 882508104 105 375 SH DFND 1 0 0 375
THERMO FISHER SCIENTIFIC INC COM 883556102 108 160 SH DFND 1 0 0 160
UNITED PARCEL SVCS INC CL B 911312106 90,188 965,207 SH DFND 1 773,211 0 191,996
ZOETIS INC CL A 98978V103 41,117 588,834 SH DFND 1 474,968 0 113,866
US BANCORP COM NEW 902973304 144 2,500 SH DFND 1 0 0 2,500
CME GROUP INC COM 12572Q105 108,676 414,816 SH DFND 1 334,636 0 80,180
PROGRESSIVE CORP COM 743315103 29,877 144,110 SH DFND 1 115,849 0 28,261