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
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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
Alleghany Corporation COMMON 017175100 70,398 127,452 SH   SOLE   92,362 0 35,090
Alphabet Inc. Cl A COMMON 02079K305 84,631 72,835 SH   SOLE   53,175 0 19,660
Analog Devices, Inc. COMMON 032654105 59,537 664,102 SH   SOLE   481,402 0 182,700
Applied Materials COMMON 038222105 58,182 1,269,788 SH   SOLE   922,888 0 346,900
Bank of America Corporation COMMON 060505104 72,773 3,427,833 SH   SOLE   2,487,883 0 939,950
Berkshire Hathaway, Inc. Cl B COMMON 084670702 134,596 736,180 SH   SOLE   531,780 0 204,400
BP PLC Sponsored ADR COMMON 055622104 563 23,100 SH   SOLE   23,100 0 0
CIGNA Corporation COMMON 125523100 73,468 414,653 SH   SOLE   300,853 0 113,800
Capital One Financial Corp COMMON 14040H105 60,640 1,202,699 SH   SOLE   867,999 0 334,700
Chevron Corporation COMMON 166764100 83,963 1,158,755 SH   SOLE   836,455 0 322,300
Cisco Systems, Inc. COMMON 17275R102 74,931 1,906,144 SH   SOLE   1,382,744 0 523,400
CitiGroup, Inc. COMMON 172967424 69,043 1,639,191 SH   SOLE   1,200,941 0 438,250
Comcast Corporation Class A COMMON 20030N101 116,175 3,379,149 SH   SOLE   2,475,699 0 903,450
Elanco Animal Health Inc. COMMON 28414H103 85,303 3,809,871 SH   SOLE   2,778,071 0 1,031,800
Lam Research Corporation COMMON 512807108 49,145 204,771 SH   SOLE   148,971 0 55,800
Lennar Corporation COMMON 526057104 96,143 2,516,837 SH   SOLE   1,831,437 0 685,400
Merck & Co. Inc. COMMON 58933Y105 128,820 1,674,297 SH   SOLE   1,220,497 0 453,800
Microsoft Corporation COMMON 594918104 79,961 507,016 SH   SOLE   377,416 0 129,600
Mondelez International Inc COMMON 609207105 101,643 2,029,614 SH   SOLE   1,471,164 0 558,450
Morgan Stanley COMMON 617446448 114,568 3,369,641 SH   SOLE   2,480,491 0 889,150
Oracle Corporation COMMON 68389X105 115,725 2,394,476 SH   SOLE   1,753,276 0 641,200
Packaging Corporation of America COMMON 695156109 469 5,400 SH   SOLE   3,400 0 2,000
Pfizer Inc. COMMON 717081103 109,719 3,361,494 SH   SOLE   2,434,994 0 926,500
SVB Financial Group COMMON 78486Q101 88,724 587,267 SH   SOLE   424,167 0 163,100
Henry Schein Inc. COMMON 806407102 54,905 1,086,788 SH   SOLE   786,238 0 300,550
Thermo Fisher Scientific, Inc. COMMON 883556102 89,882 316,933 SH   SOLE   223,733 0 93,200
TOTAL S.A. - ADR COMMON 89151E109 58,856 1,580,463 SH   SOLE   1,127,613 0 452,850
UnitedHealth Group Inc. COMMON 91324P102 88,700 355,683 SH   SOLE   258,033 0 97,650
Verizon Communications Inc. COMMON 92343V104 74,628 1,388,950 SH   SOLE   1,003,500 0 385,450
Walmart Inc. COMMON 931142103 91,526 805,547 SH   SOLE   585,247 0 220,300
Wells Fargo & Company COMMON 949746101 43,797 1,526,032 SH   SOLE   1,106,632 0 419,400
Aon PLC COMMON G0403H108 61,047 369,894 SH   SOLE   267,994 0 101,900
Eaton Corporation PLC COMMON G29183103 61,651 793,550 SH   SOLE   574,950 0 218,600
Aptiv PLC COMMON G6095L109 42,946 872,185 SH   SOLE   625,635 0 246,550
Sensata Technologies Holdings plc COMMON G8060N102 96,271 3,327,728 SH   SOLE   2,443,428 0 884,300
Perrigo Company plc COMMON G97822103 119,336 2,481,522 SH   SOLE   1,809,772 0 671,750
NXP Semiconductors NV COMMON N6596X109 58,430 704,576 SH   SOLE   511,076 0 193,500