As of June 30, 2017
|1.||Berkshire Hathaway, Inc. Class B|
|2.||Alphabet Inc. Class A|
|3.||Wal-Mart Stores, Inc.|
|4.||The Greenbrier Companies, Inc.|
|6.||Capella Education Company|
|8.||Sturm, Ruger & Company, Inc.|
|9.||Laboratory Corporation of America Holdings|
|10.||Wyndham Worldwide Corporation|
Top ten holdings are shown for informational purposes only and are subject to change. The above portfolio information should not be considered as a recommendation to purchase or sell a particular security and there is no assurance that any securities will remain in or out of the Fund.
This web site, including the financial statements included herein, is provided to the shareholders of the Fund for their information. The financial information included herein is taken from the records of the Fund. This is not a prospectus, circular or representation intended for use in the purchase of shares of the Fund or any securities mentioned in this web site.