Note: In January 2023, the SEC changed the meaning of Market Value to be $s instead of $1000s. This was unwise, because many Filers have not noticed
the change and are filing incorrect data. For consistency across our site, we’re adjusting Market Values the best we can and still showing them in $1000s.
| 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) |
|---|
|
| AMERICAN TOWER CORP NEW | COM | – | 03027X·10·0 | 1,468,976,832 | 12.36% | 6,804,599 | Sh. | 215,880.00 | Sole | – | Sole | – | – |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | – | 084670·70·2 | 5,906,290 | 0.05% | 16,560 | Sh. | 356,660.02 | Sole | – | Sole | – | – |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | – | 113004·10·5 | 138,826,154 | 1.17% | 3,455,966 | Sh. | 40,170.00 | Sole | – | Sole | – | – |
| BROOKFIELD CORP | CL A LTD VT SH | – | 11271J·10·7 | 724,306,059 | 6.09% | 18,053,491 | Sh. | 40,120.00 | Sole | – | Sole | – | – |
| CARMAX INC | COM | – | 143130·10·2 | 209,246,574 | 1.76% | 2,726,695 | Sh. | 76,740.00 | Sole | – | Sole | – | – |
| COSTAR GROUP INC | COM | – | 22160N·10·9 | 634,072,914 | 5.34% | 7,255,669 | Sh. | 87,390.00 | Sole | – | Sole | – | – |
| DANAHER CORPORATION | COM | – | 235851·10·2 | 410,721,036 | 3.46% | 1,775,400 | Sh. | 231,340.00 | Sole | – | Sole | – | – |
| DIGITALBRIDGE GROUP INC | CL A COM | – | 25401T·60·3 | 77,214,946 | 0.65% | 4,402,220 | Sh. | 17,540.00 | Sole | – | Sole | – | – |
| DOLLAR TREE INC | COM | – | 256746·10·8 | 3,092,571 | 0.03% | 21,771 | Sh. | 142,050.02 | Sole | – | Sole | – | – |
| GOOSEHEAD INS INC | COM CL A | – | 38267D·10·9 | 18,470,338 | 0.16% | 243,672 | Sh. | 75,800.00 | Sole | – | Sole | – | – |
| KKR & CO L P DEL | COM UNITS | – | 48251W·10·4 | 1,379,304,908 | 11.61% | 16,648,219 | Sh. | 82,850.00 | Sole | – | Sole | – | – |
| MASTERCARD INCORPORATED | CL A | – | 57636Q·10·4 | 2,158,922,819 | 18.17% | 5,061,834 | Sh. | 426,510.00 | Sole | – | Sole | – | – |
| MOODYS CORP | COM | – | 615369·10·5 | 1,865,681,686 | 15.70% | 4,776,940 | Sh. | 390,560.00 | Sole | – | Sole | – | – |
| OREILLY AUTOMOTIVE INC | COM | – | 67103H·10·7 | 968,952,389 | 8.15% | 1,019,864 | Sh. | 950,080.00 | Sole | – | Sole | – | – |
| ROPER TECHNOLOGIES INC | COM | – | 776696·10·6 | 857,384,498 | 7.21% | 1,572,692 | Sh. | 545,170.00 | Sole | – | Sole | – | – |
| SBA COMMUNICATIONS CORP NEW | CL A | – | 78410G·10·4 | 45,823,771 | 0.39% | 180,629 | Sh. | 253,690.00 | Sole | – | Sole | – | – |
| VERISK ANALYTICS INC | CL A | – | 92345Y·10·6 | 4,138,249 | 0.03% | 17,325 | Sh. | 238,859.97 | Sole | – | Sole | – | – |
| VISA INC | COM CL A | – | 92826C·83·9 | 913,500,459 | 7.69% | 3,508,740 | Sh. | 260,350.00 | Sole | – | Sole | – | – |
| — 18 Issuers — | — 18 Issues — | — 18 Holdings: $11,884,542,493,000 — | — 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 [ 1 Not Allocated Above ] |
|
