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        <EOYFMVAmt>146030</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE S A SPONS ADR</StockNm>
        <EOYBookValueAmt>18261</EOYBookValueAmt>
        <EOYFMVAmt>65767</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNILEVER N V-NY SHARES</StockNm>
        <EOYBookValueAmt>53819</EOYBookValueAmt>
        <EOYFMVAmt>77440</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WAL-MART STORES INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BERKSHIRE HATHAWAY INC-CL B</StockNm>
        <EOYBookValueAmt>210736</EOYBookValueAmt>
        <EOYFMVAmt>297330</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PROGRESSIVE CORP OHIO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>U S BANCORP</StockNm>
        <EOYBookValueAmt>133802</EOYBookValueAmt>
        <EOYFMVAmt>169098</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO &amp; CO</StockNm>
        <EOYBookValueAmt>185870</EOYBookValueAmt>
        <EOYFMVAmt>224479</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PERRIGO CO PLC</StockNm>
        <EOYBookValueAmt>88322</EOYBookValueAmt>
        <EOYFMVAmt>73825</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVARTIS AG - ADR</StockNm>
        <EOYBookValueAmt>150589</EOYBookValueAmt>
        <EOYFMVAmt>155326</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZOETIS INC COM STK</StockNm>
        <EOYBookValueAmt>48730</EOYBookValueAmt>
        <EOYFMVAmt>119803</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WASTE MANAGEMENT INC</StockNm>
        <EOYBookValueAmt>25039</EOYBookValueAmt>
        <EOYFMVAmt>51780</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NIELSEN HLDGS PLC</StockNm>
        <EOYBookValueAmt>109575</EOYBookValueAmt>
        <EOYFMVAmt>98280</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>36345</EOYBookValueAmt>
        <EOYFMVAmt>77841</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORP</StockNm>
        <EOYBookValueAmt>232244</EOYBookValueAmt>
        <EOYFMVAmt>269496</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC</StockNm>
        <EOYBookValueAmt>146073</EOYBookValueAmt>
        <EOYFMVAmt>130409</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CELANESE CORP SERIES A</StockNm>
        <EOYBookValueAmt>41416</EOYBookValueAmt>
        <EOYFMVAmt>77633</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRAXAIR INC</StockNm>
        <EOYBookValueAmt>70019</EOYBookValueAmt>
        <EOYFMVAmt>92808</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LONGLEAF PARTNERS SMALL CAP FD</StockNm>
        <EOYBookValueAmt>471000</EOYBookValueAmt>
        <EOYFMVAmt>415831</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BBH INTL EQUITY FUND CL N</StockNm>
        <EOYBookValueAmt>1733006</EOYBookValueAmt>
        <EOYFMVAmt>1783768</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AKRE FOCUS FUND</StockNm>
        <EOYBookValueAmt>960000</EOYBookValueAmt>
        <EOYFMVAmt>1267475</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DISCOVERY COMMUNICATIONS</StockNm>
        <EOYBookValueAmt>102840</EOYBookValueAmt>
        <EOYFMVAmt>81505</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HENRY SCHEIN INC</StockNm>
        <EOYBookValueAmt>67874</EOYBookValueAmt>
        <EOYFMVAmt>66386</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC CL C</StockNm>
        <EOYBookValueAmt>130276</EOYBookValueAmt>
        <EOYFMVAmt>284621</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PAYPAL HOLDINGS INC</StockNm>
        <EOYBookValueAmt>41178</EOYBookValueAmt>
        <EOYFMVAmt>120001</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPS SERIES TR CLARKSTON</StockNm>
        <EOYBookValueAmt>670000</EOYBookValueAmt>
        <EOYFMVAmt>822311</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KROGER CO COM STK</StockNm>
        <EOYBookValueAmt>66419</EOYBookValueAmt>
        <EOYFMVAmt>85095</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DENTSPLY SIRONA INC COM STK</StockNm>
        <EOYBookValueAmt>20915</EOYBookValueAmt>
        <EOYFMVAmt>24686</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC CL A</StockNm>
        <EOYBookValueAmt>20851</EOYBookValueAmt>
        <EOYFMVAmt>84272</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SABRE CORP COM STK</StockNm>
        <EOYBookValueAmt>78206</EOYBookValueAmt>
        <EOYFMVAmt>76527</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>GQG PART EMERG MKTS</StockNm>
        <EOYBookValueAmt>465300</EOYBookValueAmt>
        <EOYFMVAmt>493155</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule">
      <OtherDecreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>7</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>BASIS ADJ FOR CONTRIBUTED SECURITIES</Desc>
        <Amt>2601814</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MGMT FEES-SUBJECT T</CategoryTxt>
        <Amt>10491</Amt>
        <NetInvestmentIncomeAmt>10491</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER NONALLOCABLE EXPENSES -</CategoryTxt>
        <Amt>57</Amt>
        <NetInvestmentIncomeAmt>57</NetInvestmentIncomeAmt>
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      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX PAYMENT - PRIOR YE</CategoryTxt>
        <Amt>1000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>FEDERAL ESTIMATES - PRINCIPAL</CategoryTxt>
        <Amt>6000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES ON QUALIFIED FOR</CategoryTxt>
        <Amt>4284</Amt>
        <NetInvestmentIncomeAmt>4284</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES ON NONQUALIFIED</CategoryTxt>
        <Amt>278</Amt>
        <NetInvestmentIncomeAmt>278</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    </TaxesSchedule>
  </ReturnData>
</Return>