as of June 30, 2004
Portfolio Holdings for
holds 60 positions in its portfolio as reported in the June 2004 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| American Tower Corporation | 14.0 | $83M | 5.4M | 15.20 | |
| Markel Corporation (MKL) | 12.0 | $71M | 257k | 277.50 | |
| Penn National Gaming (PENN) | 12.0 | $71M | 2.1M | 33.20 | |
| CarMax (KMX) | 5.8 | $35M | 1.6M | 21.87 | |
| Americredit Corp. | 5.7 | $34M | 1.7M | 19.53 | |
| Global Imaging Systems/gisx | 3.1 | $18M | 500k | 36.66 | |
| D.R. Horton (DHI) | 2.5 | $15M | 525k | 28.40 | |
| Toll Brothers (TOL) | 2.5 | $15M | 350k | 42.32 | |
| AES Corporation (AES) | 2.3 | $14M | 1.4M | 9.93 | |
| Platinum Underwriter/ptp | 2.3 | $14M | 450k | 30.43 | |
| Hilb Rogal & Hobbs | 2.3 | $14M | 378k | 35.68 | |
| Alliance Gaming/agi | 2.2 | $13M | 754k | 17.16 | |
| Station Casinos/stn | 2.0 | $12M | 251k | 48.40 | |
| Partner Re | 1.9 | $11M | 200k | 56.73 | |
| Kaneb Services/ksl | 1.9 | $11M | 403k | 28.21 | |
| Monarch Casino & Resort (MCRI) | 1.9 | $11M | 796k | 14.10 | |
| Intl. Speedway B | 1.9 | $11M | 227k | 48.50 | |
| Allmerica Financial/afc | 1.8 | $11M | 320k | 33.80 | |
| Rent-A-Center (UPBD) | 1.8 | $11M | 350k | 29.93 | |
| Coca-Cola Bottling Co. Consolidated (COKE) | 1.7 | $9.9M | 171k | 57.77 | |
| Berkshire Hathaway (BRK.A) | 1.4 | $8.3M | 93.00 | 88946.24 | |
| Aeropostale | 1.2 | $7.4M | 275k | 26.91 | |
| Simpson Manufacturing (SSD) | 1.1 | $6.6M | 118k | 56.12 | |
| International Game Technology | 1.0 | $5.8M | 150k | 38.60 | |
| International Speedway Corporation | 0.9 | $5.6M | 115k | 48.64 | |
| Willis Group Holdings | 0.9 | $5.4M | 143k | 37.45 | |
| Fidelity National Financial In | 0.8 | $5.0M | 135k | 37.34 | |
| Citi | 0.8 | $4.5M | 97k | 46.50 | |
| American Woodmark Corporation (AMWD) | 0.7 | $4.3M | 72k | 59.85 | |
| Burke & Herbert/bhrb | 0.7 | $4.1M | 2.0k | 2041.93 | |
| Federal Home Loan Mortgage (FMCC) | 0.7 | $4.1M | 64k | 63.30 | |
| Berkshire Hathaway Inc. Class B | 0.7 | $4.0M | 1.4k | 2955.28 | |
| Penn Virginia Corporation | 0.7 | $3.8M | 106k | 36.11 | |
| Mark West Hydro/mwp | 0.7 | $3.8M | 326k | 11.75 | |
| Dover Motorsports | 0.6 | $3.4M | 853k | 4.00 | |
| Amc Entertainment | 0.6 | $3.4M | 224k | 15.37 | |
| Wells Fargo & Company (WFC) | 0.6 | $3.3M | 57k | 57.22 | |
| Pma Capital Corporation Cl-a Cmn Cl | 0.5 | $2.7M | 300k | 9.00 | |
| Shuffle Master | 0.4 | $2.5M | 70k | 36.31 | |
| ProAssurance Corporation (PRA) | 0.4 | $2.6M | 75k | 34.11 | |
| Bank Of New York | 0.4 | $2.3M | 77k | 29.48 | |
| Triad Guaranty (TGIC) | 0.3 | $1.7M | 30k | 58.20 | |
| Investors Title Company (ITIC) | 0.3 | $1.7M | 54k | 31.49 | |
| At&t Wireless | 0.3 | $1.5M | 108k | 14.32 | |
| Service Corporation International (SCI) | 0.2 | $1.5M | 200k | 7.37 | |
| White Mountains Insurance Gp (WTM) | 0.2 | $1.1M | 2.2k | 509.94 | |
| Metrologic Instruments/mtlg | 0.2 | $997k | 50k | 19.94 | |
| Goldman Sachs (GS) | 0.2 | $942k | 10k | 94.20 | |
| MICROS Systems | 0.1 | $904k | 19k | 47.96 | |
| Citizens Communications Compan | 0.1 | $907k | 75k | 12.09 | |
| Entertainment Properties Trust | 0.1 | $858k | 24k | 35.75 | |
| Regal Entertainment | 0.1 | $724k | 40k | 18.10 | |
| Scripps | 0.1 | $525k | 5.0k | 105.00 | |
| Dynamex | 0.1 | $512k | 37k | 13.91 | |
| American Real Estate Partners | 0.1 | $417k | 19k | 21.49 | |
| CSX Corporation (CSX) | 0.1 | $312k | 9.5k | 32.78 | |
| Corus Bankshares | 0.1 | $288k | 7.0k | 41.14 | |
| Exxon Mobil Corporation (XOM) | 0.0 | $201k | 4.5k | 44.39 | |
| Florida Gaming Corporation (FGMG) | 0.0 | $172k | 28k | 6.25 | |
| Equus Gaming Company (EQUUS) | 0.0 | $42k | 23k | 1.81 |
