| Security | Market Valueª | Shares or Principal | Investment
Discretion | Other
Managersº | Voting Authority |
|---|
| Issuer Name | Issue Class | Opt. | CUSIP/CINS | $1000s | Weight | Amount | S/P | Price | Sole | Shared | None |
|---|
 | | | | | | | | | ↓List | (S/P Amounts or For All) |
|---|
|
| ARCOS DORADOS HOLDINGS INC | SHS CLASS – A – | – | G0457F·10·7 | 14,599 | 0.09% | 3,060,500 | Sh. | 4.77 | Sole | – | Sole | – | – |
| AUTONATION INC | COM | – | 05329W·10·2 | 89,202 | 0.53% | 1,898,717 | Sh. | 46.98 | Sole | – | Sole | – | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | – | 084670·70·2 | 9,321,804 | 55.42% | 64,381,548 | Sh. | 144.79 | Sole | – | Sole | – | – |
| CANADIAN NATL RY CO | COM | – | 136375·10·2 | 1,011,513 | 6.01% | 17,126,874 | Sh. | 59.06 | Sole | – | Sole | – | – |
| CATERPILLAR INC DEL | COM | – | 149123·10·1 | 853,686 | 5.08% | 11,260,857 | Sh. | 75.81 | Sole | – | Sole | – | – |
| COCA COLA FEMSA SAB DE CV | SPON ADR REP L | – | 191241·10·8 | 515,573 | 3.07% | 6,214,719 | Sh. | 82.96 | Sole | – | Sole | – | – |
| CROWN CASTLE INTL CORP NEW | COM | – | 22822V·10·1 | 540,916 | 3.22% | 5,332,900 | Sh. | 101.43 | Sole | – | Sole | – | – |
| ECOLAB INC | COM | – | 278865·10·0 | 517,858 | 3.08% | 4,366,426 | Sh. | 118.60 | Sole | – | Sole | – | – |
| FEDEX CORP | COM | – | 31428X·10·6 | 459,134 | 2.73% | 3,024,999 | Sh. | 151.78 | Sole | – | Sole | – | – |
| GRUPO TELEVISA SA | SPON ADR REP ORD | – | 40049J·20·6 | 439,532 | 2.61% | 16,879,104 | Sh. | 26.04 | Sole | – | Sole | – | – |
| LIBERTY GLOBAL PLC | LILAC SHS CL A | – | G5480U·13·8 | 11,950 | 0.07% | 370,424 | Sh. | 32.26 | Sole | – | Sole | – | – |
| LIBERTY GLOBAL PLC | LILAC SHS CL C | – | G5480U·15·3 | 20,665 | 0.12% | 636,044 | Sh. | 32.49 | Sole | – | Sole | – | – |
| LIBERTY GLOBAL PLC | SHS CL A | – | G5480U·10·4 | 61,593 | 0.37% | 2,119,515 | Sh. | 29.06 | Sole | – | Sole | – | – |
| LIBERTY GLOBAL PLC | SHS CL C | – | G5480U·12·0 | 104,267 | 0.62% | 3,639,349 | Sh. | 28.65 | Sole | – | Sole | – | – |
| UNITED PARCEL SERVICE INC | CL B | – | 911312·10·6 | 487,468 | 2.90% | 4,525,329 | Sh. | 107.72 | Sole | – | Sole | – | – |
| WAL-MART STORES INC | COM | – | 931142·10·3 | 847,251 | 5.04% | 11,603,000 | Sh. | 73.02 | Sole | – | Sole | – | – |
| WALGREENS BOOTS ALLIANCE INC | COM | – | 931427·10·8 | 289,396 | 1.72% | 3,475,398 | Sh. | 83.27 | Sole | – | Sole | – | – |
| WASTE MGMT INC DEL | COM | – | 94106L·10·9 | 1,234,853 | 7.34% | 18,633,672 | Sh. | 66.27 | Sole | – | Sole | – | – |
| — 15 Issuers — | — 18 Issues — | — 18 Holdings: $16,821,260,000 — | — Sole Manager — |
____________
ª No market value of any Holding was adjusted.
º Other Included Managers with whom investment discretion is shared as to any Holding: No Other Included Managers |
|
