as of June 30, 2005
Portfolio Holdings for
holds 64 positions in its portfolio as reported in the June 2005 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Penn National Gaming (PENN) | 19.4 | $250M | 6.9M | 36.50 | |
| American Tower Corporation | 10.2 | $132M | 6.3M | 21.02 | |
| Markel Corporation (MKL) | 9.7 | $125M | 369k | 339.00 | |
| Americredit Corp. | 4.2 | $55M | 2.1M | 25.50 | |
| CarMax (KMX) | 4.1 | $53M | 2.0M | 26.65 | |
| 99 Cents Only Stores | 4.1 | $52M | 4.1M | 12.71 | |
| Monarch Casino & Resort (MCRI) | 3.2 | $41M | 1.9M | 22.04 | |
| Pinnacle Entertainment | 2.7 | $35M | 1.8M | 19.56 | |
| Alliance Gaming/agi | 2.4 | $31M | 2.2M | 14.02 | |
| Toll Brothers (TOL) | 2.4 | $31M | 300k | 101.55 | |
| AES Corporation (AES) | 2.3 | $29M | 1.8M | 16.38 | |
| Spectrasite Inc./ssi | 2.0 | $25M | 340k | 74.43 | |
| Argosy Gaming/agy | 1.9 | $24M | 515k | 46.61 | |
| Kaneb Services/ksl | 1.7 | $22M | 510k | 43.28 | |
| O'Reilly Automotive | 1.7 | $21M | 717k | 29.83 | |
| D.R. Horton (DHI) | 1.6 | $21M | 567k | 37.61 | |
| Allmerica Financial/afc | 1.5 | $19M | 523k | 37.09 | |
| Hilb Rogal & Hobbs | 1.5 | $19M | 558k | 34.40 | |
| Station Casinos/stn | 1.4 | $18M | 276k | 66.40 | |
| Partner Re | 1.4 | $18M | 275k | 64.42 | |
| Simpson Manufacturing (SSD) | 1.4 | $18M | 576k | 30.55 | |
| Global Imaging Systems/gisx | 1.3 | $17M | 543k | 31.86 | |
| Fairfax Financial Holdings Lim (FRFHF) | 1.2 | $16M | 95k | 166.00 | |
| Landamerica Financial Group | 1.1 | $15M | 250k | 59.37 | |
| International Speedway Corporation | 1.0 | $13M | 228k | 56.30 | |
| Briggs & Stratton Corporation | 0.9 | $12M | 349k | 34.62 | |
| Advance Auto Parts (AAP) | 0.9 | $12M | 186k | 64.55 | |
| American Woodmark Corporation (AMWD) | 0.9 | $12M | 387k | 30.01 | |
| Montpelier Re Holdings/mrh | 0.8 | $10M | 300k | 34.58 | |
| International Game Technology | 0.8 | $10M | 354k | 28.15 | |
| Isle of Capri Casinos | 0.8 | $9.8M | 373k | 26.20 | |
| Bradley Pharmaceutical/bdy | 0.7 | $9.1M | 851k | 10.75 | |
| Aeropostale | 0.7 | $9.2M | 275k | 33.60 | |
| Berkshire Hathaway (BRK.A) | 0.7 | $8.7M | 104.00 | 83500.00 | |
| Coca-Cola Bottling Co. Consolidated (COKE) | 0.7 | $8.6M | 171k | 50.54 | |
| International Speedway Corporation | 0.6 | $7.9M | 140k | 56.24 | |
| Dynamex | 0.6 | $7.9M | 465k | 17.04 | |
| Mark West Hydro/mwp | 0.6 | $7.6M | 326k | 23.20 | |
| Willis Group Holdings | 0.5 | $7.0M | 214k | 32.72 | |
| Dover Motorsports | 0.4 | $5.4M | 899k | 6.00 | |
| Berkshire Hathaway Inc. Class B | 0.4 | $5.2M | 1.9k | 2783.32 | |
| Citi | 0.4 | $5.2M | 113k | 46.23 | |
| Federal Home Loan Mortgage (FMCC) | 0.4 | $4.9M | 75k | 65.23 | |
| Penn Virginia Corporation | 0.4 | $4.7M | 106k | 44.67 | |
| Burke & Herbert/bhrb | 0.3 | $4.5M | 2.2k | 2029.98 | |
| Wells Fargo & Company (WFC) | 0.3 | $3.8M | 62k | 61.58 | |
| ProAssurance Corporation (PRA) | 0.2 | $3.1M | 75k | 41.76 | |
| Florida Gaming Corporation (FGMG) | 0.2 | $2.9M | 228k | 12.60 | |
| Investors Title Company (ITIC) | 0.2 | $2.2M | 61k | 36.00 | |
| White Mountains Insurance Gp (WTM) | 0.2 | $2.1M | 3.3k | 630.77 | |
| Shuffle Master | 0.1 | $2.0M | 70k | 28.03 | |
| Goldman Sachs (GS) | 0.1 | $1.7M | 17k | 102.05 | |
| MICROS Systems | 0.1 | $1.7M | 38k | 44.75 | |
| Triad Guaranty (TGIC) | 0.1 | $1.7M | 34k | 50.39 | |
| Metrologic Instruments/mtlg | 0.1 | $1.5M | 119k | 12.54 | |
| Brown & Brown (BRO) | 0.1 | $1.1M | 25k | 44.92 | |
| Magna Entertainment Corp/meca | 0.1 | $1.1M | 196k | 5.64 | |
| Bank Of New York | 0.1 | $1.0M | 35k | 28.78 | |
| Entertainment Properties Trust | 0.1 | $1.1M | 24k | 46.01 | |
| Exxon Mobil Corporation (XOM) | 0.0 | $548k | 9.5k | 57.51 | |
| Sands Regent/snds | 0.0 | $472k | 48k | 9.75 | |
| Progressive Corporation (PGR) | 0.0 | $326k | 3.3k | 98.73 | |
| CSX Corporation (CSX) | 0.0 | $406k | 9.5k | 42.66 | |
| Johnson & Johnson (JNJ) | 0.0 | $204k | 3.1k | 64.97 |
