| Quarter | Filling ID |
|---|---|
| Q4 25 | 0002002654-26-000001 |
| Q3 25 | 0002002654-25-000006 |
| Q2 25 | 0002002654-25-000004 |
| Q1 25 | 0002002654-25-000003 |
| Q4 24 | 0002002654-25-000001 |
| Q3 24 | 0002002654-24-000005 |
| Q2 24 | 0002002654-24-000004 |
| Q1 24 | 0002002654-24-000002 |
| Q4 23 | 0002002654-24-000001 |
| Q3 23 | 0002002654-23-000008 |
| Q2 23 | 0002002654-23-000007 |
| Q1 23 | 0002002654-23-000006 |
| Q4 22 | 0002002654-23-000005 |
| Q3 22 | 0002002654-23-000004 |
| Q2 22 | 0002002654-23-000003 |
| Q1 22 | 0002002654-23-000002 |
| Q4 21 | 0002002654-23-000001 |
| Name | Title | CUSIP | Ticker | Value | Shares | Share Price | Investment | % of Portfolio |
|---|---|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc Cl A | COM | 084670108 | $1,272,639,480 | 1,869 | SOLE | |||
| Alphabet Inc Cl C | COM | 02079K107 | $1,073,307,461 | 5,635,935 | SOLE | |||
| Mastercard Inc Cl A | COM | 57636Q104 | $992,407,733 | 1,884,664 | SOLE | |||
| Compagnie Financiere Richemont | COM | H25662182 | $642,373,122 | 4,221,542 | SOLE | |||
| Philip Morris International In | COM | 718172109 | $624,640,534 | 5,190,200 | SOLE | |||
| Berkshire Hathaway Inc Cl B | COM | 084670702 | $583,335,551 | 1,286,921 | SOLE | |||
| Netflix Inc | COM | 64110L106 | $564,003,230 | 632,773 | SOLE | |||
| Nestle SA Sponsored ADR | COM | 641069406 | $516,949,333 | 6,327,409 | SOLE | |||
| Heineken Holding NV | COM | N39338194 | $470,852,590 | 7,860,162 | SOLE | |||
| Martin Marietta Materials | COM | 573284106 | $365,170,539 | 707,010 | SOLE | |||
| Pernod Ricard | COM | F72027109 | $342,935,239 | 3,038,334 | SOLE | |||
| J.P. Morgan Chase | COM | 46625H100 | $302,444,298 | 1,261,709 | SOLE | |||
| Ashtead Group PLC | COM | G05320109 | $293,352,303 | 4,717,666 | SOLE | |||
| Uber Technologies Inc | COM | 90353T100 | $250,380,297 | 4,150,867 | SOLE | |||
| Doordash Inc Cl A | COM | 25809K105 | $112,414,475 | 670,131 | SOLE | |||
| Comcast Corp New Cl A | COM | 20030N101 | $104,485,322 | 2,784,048 | SOLE | |||
| Brown-Forman Corp Cl A | COM | 115637100 | $75,942,342 | 2,014,920 | SOLE | |||
| Visa Inc Cl A | COM | 92826C839 | $64,692,124 | 204,696 | SOLE | |||
| Brown-Forman Corp Cl B | COM | 115637209 | $31,918,236 | 840,396 | SOLE | |||
| Exxon Mobil Corp | COM | 30231G102 | $20,325,640 | 188,953 | SOLE | |||
| Anheuser-Busch InBev SA | COM | B639CJ108 | $18,889,714 | 378,075 | SOLE | |||
| Markel Corp | COM | 570535104 | $14,881,829 | 8,621 | SOLE | |||
| Altria Group Inc | COM | 02209S103 | $14,109,198 | 269,826 | SOLE | |||
| Wells Fargo | COM | 949746101 | $13,595,349 | 193,556 | SOLE | |||
| Crane Company | COM | 224408104 | $9,215,778 | 60,730 | SOLE | |||
| Union Pac Corp | COM | 907818108 | $5,595,166 | 24,536 | SOLE | |||
| Vulcan Materials | COM | 929160109 | $5,447,102 | 21,176 | SOLE | |||
| Costco Whsl Corp | COM | 22160K105 | $4,945,436 | 5,397 | SOLE | |||
| American Express | COM | 025816109 | $4,397,241 | 14,816 | SOLE | |||
| Dover Corp | COM | 260003108 | $4,211,808 | 22,451 | SOLE | |||
| Procter & Gamble | COM | 742718109 | $3,982,358 | 23,754 | SOLE | |||
| Alphabet Inc Cl A | COM | 02079K305 | $3,874,214 | 20,466 | SOLE | |||
| Davide Campari-Milano NV | COM | N24565108 | $3,611,428 | 579,531 | SOLE | |||
| McCormick Inc | COM | 579780206 | $3,260,785 | 42,770 | SOLE | |||
| AbbVie Inc | COM | 00287Y109 | $2,205,257 | 12,410 | SOLE | |||
| Swiss Helvetia FD Inc | COM | 870875101 | $2,163,119 | 288,801 | SOLE | |||
| Microsoft Corp | COM | 594918104 | $2,088,533 | 4,955 | SOLE | |||
| Loreal SA | COM | F58149133 | $2,021,612 | 5,711 | SOLE | |||
| Lindt & Spruengli AG – Reg | COM | H49983176 | $1,765,517 | 16 | SOLE | |||
| Pepsico Inc | COM | 713448108 | $1,752,987 | 11,528 | SOLE | |||
| Carlsberg B A/S | COM | K36628137 | $1,737,839 | 18,138 | SOLE | |||
| Hormel Foods Corp | COM | 440452100 | $1,579,323 | 50,345 | SOLE | |||
| Apple Inc | COM | 037833100 | $1,453,438 | 5,804 | SOLE | |||
| Fulton Finl Corp | COM | 360271100 | $1,440,216 | 74,700 | SOLE | |||
| Abbott Labs | COM | 002824100 | $1,301,896 | 11,510 | SOLE | |||
| Heineken NV | COM | N39427211 | $1,076,402 | 15,131 | SOLE | |||
| PNC Bank Corp | COM | 693475105 | $954,608 | 4,950 | SOLE | |||
| Wal Mart Stores Inc | COM | 931142103 | $931,057 | 10,305 | SOLE | |||
| Coca-Cola | COM | 191216100 | $878,177 | 14,105 | SOLE | |||
| Nestle SA-REG | COM | H57312649 | $864,270 | 10,460 | SOLE |