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
ADT INC DEL COM com 00090Q103 199,000 32,649 SH SOLE 0 0 32,649
AIRBUS SE UNSPONSORED ADR com 009279100 10,922,000 203,545 SH SOLE 67,124 0 136,421
ALPHABET INC CLASS A com 02079K305 20,163,000 58,600 SH SOLE 14,454 0 44,146
ALPHABET INC CLASS C com 02079K107 26,253,000 77,048 SH SOLE 31,172 0 45,875
ALTRIA GROUP INC COM com 02209S103 746,000 11,079 SH SOLE 9,061 0 2,018
AMAZON.COM INC com 023135106 51,939,000 208,466 SH SOLE 67,747 0 140,719
AMGEN INCORPORATED com 031162100 295,000 700 SH SOLE 700 0 0
APPLE INC com 037833100 6,953,000 20,878 SH SOLE 5,635 0 15,244
ARES MANAGEMENT CORP com 03990B101 10,179,000 87,619 SH SOLE 29,019 0 58,600
BECTON DICKINSON & CO com 075887109 25,932,000 144,871 SH SOLE 49,175 0 95,695
BERKSHIRE HATHAWAY B NEW CLASS com 084670702 2,401,000 4,821 SH SOLE 2,833 0 1,988
BERKSHIRE HATHAWAY INC (D com 084670108 3,735,000 5 SH SOLE 1 0 4
BLUE OWL CAPITAL INC COM CL A com 09581B103 4,019,000 442,100 SH SOLE 217,860 0 224,240
BOOKING HOLDINGS INC com 09857L108 45,334,000 278,275 SH SOLE 92,343 0 185,932
BROOKFIELD CORP com 11271J107 323,000 8,851 SH SOLE 0 0 8,851
BROWN & BROWN INC COM com 115236101 21,548,000 353,820 SH SOLE 116,943 0 236,877
CAPITAL ONE FINANCIAL com 14040H105 11,983,000 62,064 SH SOLE 20,394 0 41,670
CATERPILLAR INC com 149123101 1,696,000 2,091 SH SOLE 645 0 1,446
CIGNA GROUP com 125523100 30,717,000 113,001 SH SOLE 37,894 0 75,107
CISCO SYSTEMS INC com 17275R102 729,000 6,773 SH SOLE 0 0 6,773
CTT CORREIOS DE PORTUG SHS com X1R05J122 591,000 84,925 SH SOLE 11,075 0 73,850
CUMMINS INC com 231021106 273,000 528 SH SOLE 422 0 106
DANAHER CORP com 235851102 32,394,000 146,216 SH SOLE 49,176 0 97,040
DEERE & CO com 244199105 407,000 606 SH SOLE 341 0 265
FIRST ADVANTAGE CORP com 31846b108 15,501,000 870,864 SH SOLE 269,156 0 601,708
FIRST CTZNS BANCSHARES CL A com 31946M103 22,776,000 11,055 SH SOLE 3,541 0 7,514
FRANCO NEV CORP COM com 351858105 942,000 3,956 SH SOLE 28 0 3,928
HOME DEPOT INC com 437076102 203,000 713 SH SOLE 539 0 174
I SHARES RUSL 2000 com 464287655 600,000 2,160 SH SOLE 220 0 1,940
IDEXX LABS INC com 45168D104 2,595,000 4,969 SH SOLE 1,619 0 3,350
INTERCONTINENTAL EXCHANGE com 45866f104 17,662,000 116,177 SH SOLE 38,595 0 77,582
ISHARES MSCI GWTH IDX FD com 464288885 313,000 2,614 SH SOLE 800 0 1,814
ISHARES TR DJ TOTAL MKT US TOT com 464287846 1,205,000 6,502 SH SOLE 3,000 0 3,502
ISHARES TR MSCI EAFE FD MSCI E com 464287465 431,000 4,151 SH SOLE 310 0 3,841
ISHARES TR RUSSELL 1000 RUSSEL com 464287622 1,264,000 3,038 SH SOLE 1,350 0 1,688
JOHNSON & JOHNSON com 478160104 395,000 1,491 SH SOLE 880 0 611
KKR & CO LP com 48251W104 24,288,000 266,022 SH SOLE 88,956 0 177,066
KYNDRYL HLDGS INC COMMON STOCK com 50155Q100 36,859,000 3,273,430 SH SOLE 1,054,376 0 2,219,054
LANDBRIDGE COMPANY LLC CL A com 514952100 14,598,000 179,842 SH SOLE 58,857 0 120,985
MC KESSON CORP com 58155Q103 14,951,000 17,511 SH SOLE 5,831 0 11,680
MERCK & CO INC NEW com 58933y105 563,000 3,875 SH SOLE 2,934 0 941
META PLATFORMS INC com 30303M102 22,132,000 30,520 SH SOLE 10,461 0 20,058
MICROSOFT CORP com 594918104 3,122,000 6,086 SH SOLE 235 0 5,851
MONDELEZ INTL INC com 609207105 351,000 6,062 SH SOLE 4,726 0 1,336
OPENDOOR TECHNOLOGIES COM com 683712103 58,000 24,289 SH SOLE 0 0 24,289
PEMBINA PIPELINE CORP F com 706327103 532,000 11,939 SH SOLE 5,787 0 6,152
PEPSICO INCORPORATED com 713448108 208,000 1,640 SH SOLE 1,568 0 72
PHILIP MORRIS INTL INC com 718172109 35,566,000 186,384 SH SOLE 64,307 0 122,077
PROCTER & GAMBLE com 742718109 659,000 4,539 SH SOLE 3,814 0 725
PROGRESSIVE CORP OHIO com 743315103 294,000 1,419 SH SOLE 0 0 1,419
RICHARDS PACKAGING com 763102100 332,000 16,300 SH SOLE 0 0 16,300
RYANAIR HOLDINGS PLC SPONSORED com 783513203 34,786,000 632,351 SH SOLE 215,656 0 416,694
S&P 100 INDEX com 464287101 212,000 555 SH SOLE 0 0 555
S&P 500 INDEX com 464287200 1,532,000 2,000 SH SOLE 58 0 1,942
SHERWIN-WILLIAMS com 824348106 1,261,000 3,900 SH SOLE 3,900 0 0
SPDR S&P MIDCAP 400 ETF com 78467Y107 405,000 617 SH SOLE 58 0 559
TENCENT HLDGS LTD ADR com 88032Q109 10,120,000 186,645 SH SOLE 63,634 0 123,011
TEXAS PACIFIC LAND CORP com 88262P102 8,812,000 27,045 SH SOLE 8,897 0 18,148
UNION PACIFIC CORP com 907818108 300,000 1,103 SH SOLE 300 0 803
VISA INC com 92826C839 55,109,000 153,366 SH SOLE 50,573 0 102,793
WALMART INC com 931142103 226,000 2,172 SH SOLE 496 0 1,676
WILLIS TOWERS WATSON com G96629103 48,707,000 168,986 SH SOLE 56,262 0 112,724