as of Sept. 30, 2004
Portfolio Holdings for
holds 71 positions in its portfolio as reported in the September 2004 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Markel Corporation (MKL) | 12.7 | $94M | 306k | 308.40 | |
| Penn National Gaming (PENN) | 11.8 | $88M | 2.2M | 40.40 | |
| American Tower Corporation | 11.7 | $86M | 5.6M | 15.35 | |
| CarMax (KMX) | 5.5 | $41M | 1.9M | 21.55 | |
| Americredit Corp. | 4.9 | $36M | 1.7M | 20.88 | |
| 99 Cents Only Stores | 3.3 | $24M | 1.7M | 14.23 | |
| AES Corporation (AES) | 2.3 | $17M | 1.7M | 9.99 | |
| Global Imaging Systems/gisx | 2.3 | $17M | 550k | 31.08 | |
| Dollar Tree Stores | 2.2 | $16M | 610k | 26.95 | |
| Monarch Casino & Resort (MCRI) | 2.1 | $15M | 803k | 19.08 | |
| Partner Re | 2.0 | $15M | 275k | 54.69 | |
| Platinum Underwriter/ptp | 2.0 | $15M | 500k | 29.28 | |
| Alliance Gaming/agi | 1.9 | $14M | 942k | 15.06 | |
| D.R. Horton (DHI) | 1.9 | $14M | 425k | 33.11 | |
| Allmerica Financial/afc | 1.9 | $14M | 523k | 26.88 | |
| Toll Brothers (TOL) | 1.9 | $14M | 300k | 46.33 | |
| Hilb Rogal & Hobbs | 1.9 | $14M | 384k | 36.22 | |
| Kaneb Services/ksl | 1.8 | $13M | 406k | 32.28 | |
| Station Casinos/stn | 1.7 | $12M | 251k | 49.04 | |
| International Speedway Corporation | 1.6 | $12M | 230k | 50.00 | |
| Berkshire Hathaway (BRK.A) | 1.2 | $9.3M | 107.00 | 86644.86 | |
| Coca-Cola Bottling Co. Consolidated (COKE) | 1.2 | $9.2M | 171k | 54.02 | |
| Pinnacle Entertainment | 1.2 | $8.7M | 634k | 13.80 | |
| International Game Technology | 1.1 | $8.3M | 231k | 35.95 | |
| Briggs & Stratton Corporation | 1.1 | $8.1M | 100k | 81.20 | |
| Aeropostale | 1.0 | $7.2M | 275k | 26.20 | |
| Simpson Manufacturing (SSD) | 0.9 | $6.8M | 108k | 63.20 | |
| International Speedway Corporation | 0.8 | $6.0M | 120k | 49.90 | |
| Advance Auto Parts (AAP) | 0.8 | $6.0M | 175k | 34.40 | |
| Willis Group Holdings | 0.7 | $5.5M | 147k | 37.40 | |
| Krispy Kreme Doughnuts | 0.7 | $5.1M | 400k | 12.66 | |
| Mark West Hydro/mwp | 0.7 | $4.9M | 326k | 14.98 | |
| Spectrasite Inc./ssi | 0.6 | $4.7M | 100k | 46.50 | |
| Citi | 0.6 | $4.5M | 102k | 44.12 | |
| Federal Home Loan Mortgage (FMCC) | 0.6 | $4.3M | 66k | 65.25 | |
| Amc Entertainment | 0.6 | $4.3M | 224k | 19.14 | |
| Penn Virginia Corporation | 0.6 | $4.2M | 106k | 39.59 | |
| Berkshire Hathaway Inc. Class B | 0.6 | $4.1M | 1.4k | 2870.74 | |
| Fairfax Financial Holdings Lim (FRFHF) | 0.6 | $4.1M | 33k | 124.85 | |
| Burke & Herbert/bhrb | 0.6 | $4.2M | 2.0k | 2035.24 | |
| Dover Motorsports | 0.5 | $3.7M | 874k | 4.29 | |
| Hovnanian Enterprises | 0.5 | $3.6M | 90k | 40.10 | |
| Bradley Pharmaceutical/bdy | 0.5 | $3.6M | 175k | 20.35 | |
| Wells Fargo & Company (WFC) | 0.5 | $3.5M | 58k | 59.63 | |
| Standard Pacific | 0.5 | $3.4M | 60k | 56.37 | |
| American Woodmark Corporation (AMWD) | 0.4 | $2.6M | 72k | 37.02 | |
| Shuffle Master | 0.3 | $2.6M | 70k | 37.46 | |
| ProAssurance Corporation (PRA) | 0.3 | $2.6M | 75k | 35.01 | |
| Pma Capital Corporation Cl-a Cmn Cl | 0.3 | $2.3M | 300k | 7.55 | |
| Investors Title Company (ITIC) | 0.2 | $1.8M | 61k | 30.15 | |
| Metrologic Instruments/mtlg | 0.2 | $1.9M | 119k | 15.85 | |
| Triad Guaranty (TGIC) | 0.2 | $1.7M | 30k | 55.47 | |
| At&t Wireless | 0.2 | $1.6M | 111k | 14.78 | |
| Dynamex | 0.2 | $1.6M | 90k | 17.24 | |
| Service Corporation International (SCI) | 0.2 | $1.2M | 200k | 6.21 | |
| White Mountains Insurance Gp (WTM) | 0.2 | $1.2M | 2.3k | 525.92 | |
| Prime Hospitality | 0.2 | $1.2M | 100k | 12.17 | |
| Goldman Sachs (GS) | 0.1 | $964k | 10k | 93.28 | |
| MICROS Systems | 0.1 | $944k | 19k | 50.08 | |
| Bank Of New York | 0.1 | $986k | 34k | 29.17 | |
| AutoZone (AZO) | 0.1 | $927k | 12k | 77.25 | |
| Citizens Communications Compan | 0.1 | $909k | 68k | 13.39 | |
| Entertainment Properties Trust | 0.1 | $907k | 24k | 37.79 | |
| Regal Entertainment | 0.1 | $764k | 40k | 19.10 | |
| Scripps | 0.1 | $495k | 10k | 47.79 | |
| CSX Corporation (CSX) | 0.0 | $316k | 9.5k | 33.20 | |
| Corus Bankshares | 0.0 | $302k | 7.0k | 43.14 | |
| Florida Gaming Corporation (FGMG) | 0.0 | $275k | 28k | 10.00 | |
| Exxon Mobil Corporation (XOM) | 0.0 | $219k | 4.5k | 48.37 | |
| American Real Estate Partners | 0.0 | $209k | 9.9k | 21.11 | |
| Equus Gaming Company (EQUUS) | 0.0 | $92k | 62k | 1.49 |
