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
3M Co COM 88579Y101 72,001 658,442 SH   SOLE NONE 658,442 0 0
Airgas Inc COM 009363102 54,103 566,764 SH   SOLE NONE 566,764 0 0
Alleghany Corp Del COM 017175100 41,602 108,533 SH   SOLE NONE 108,533 0 0
Allied Wrld Assur Com Hldg A SHS H01531104 58,786 642,400 SH   SOLE NONE 642,400 0 0
Allison Transmission Hldgs I COM 01973R101 37,863 1,640,495 SH   SOLE NONE 1,640,495 0 0
Amdocs Ltd ORD G02602103 58,768 1,584,460 SH   SOLE NONE 1,584,460 0 0
American Express Co COM 025816109 125,562 1,679,532 SH   SOLE NONE 1,679,532 0 0
American Tower Corp New COM 03027X100 4,497 61,459 SH   SOLE NONE 61,459 0 0
Amerisourcebergen Corp COM 03073E105 58,278 1,043,849 SH   SOLE NONE 1,043,849 0 0
Amphenol Corp New CL A 032095101 25,265 324,157 SH   SOLE NONE 324,157 0 0
Analog Devices Inc COM 032654105 35,076 778,428 SH   SOLE NONE 778,428 0 0
Arrow Electrs Inc COM 042735100 76,237 1,913,104 SH   SOLE NONE 1,913,104 0 0
Avis Budget Group COM 053774105 15,698 546,000 SH   SOLE NONE 546,000 0 0
Banco Bradesco S A SP ADR PFD NEW 059460303 41,860 3,217,500 SH   SOLE NONE 3,217,500 0 0
Banco Macro SA SPON ADR B 05961W105 9,762 680,300 SH   SOLE NONE 680,300 0 0
Bancolombia S A SPON ADR PREF 05968L102 14,125 250,000 SH   SOLE NONE 250,000 0 0
Bank of America Corporation COM 060505104 105,034 8,167,507 SH   SOLE NONE 8,167,507 0 0
Becton Dickinson & Co COM 075887109 87,251 882,844 SH   SOLE NONE 882,844 0 0
Bed Bath & Beyond Inc COM 075896100 94,696 1,334,681 SH   SOLE NONE 1,334,681 0 0
Berkshire Hathaway Inc Del CL B NEW 084670702 76,527 683,766 SH   SOLE NONE 683,766 0 0
Blackrock Inc COM 09247X101 30,312 118,015 SH   SOLE NONE 118,015 0 0
Blackstone Group L P COM UNIT LTD 09253U108 29,602 1,405,610 SH   SOLE NONE 1,405,610 0 0
Broadridge Finl Solutions In COM 11133T103 13,141 494,390 SH   SOLE NONE 494,390 0 0
Brookfield Asset Mgmt Inc CL A LTD VT SH 112585104 57,930 1,608,268 SH   SOLE NONE 1,608,268 0 0
Brookfield PPTY Partners L P UNIT LTD PARTN G16249107 3,045 150,000 SH   SOLE NONE 150,000 0 0
Brookfield Renewable Enrgy P PARTNERSHIP UNIT G16258108 35,287 1,278,000 SH   SOLE NONE 1,278,000 0 0
Brown & Brown Inc COM 115236101 100,450 3,115,703 SH   SOLE NONE 3,115,703 0 0
Bard C R Inc COM 067383109 92,074 847,204 SH   SOLE NONE 847,204 0 0
Carefusion Corp COM 14170T101 76,980 2,089,000 SH   SOLE NONE 2,089,000 0 0
CBS Corp New CL B 124857202 60,138 1,230,574 SH   SOLE NONE 1,230,574 0 0
Cementos Pacasmayo S A A SPON ADR REP 5 15126Q109 3,061 240,460 SH   SOLE NONE 240,460 0 0
Charter Communications Inc D CL A NEW 16117M305 18,082 146,000 SH   SOLE NONE 146,000 0 0
Cheesecake Factory Inc COM 163072101 28,307 675,757 SH   SOLE NONE 675,757 0 0
Clean Harbors Inc COM 184496107 38,117 754,345 SH   SOLE NONE 754,345 0 0
Coca Cola Co COM 191216100 62,973 1,570,007 SH   SOLE NONE 1,570,007 0 0
Comcast Corp New CL A SPL 20030N200 160,123 4,036,368 SH   SOLE NONE 4,036,368 0 0
Corelogic Inc COM 21871D103 50,102 2,162,385 SH   SOLE NONE 2,162,385 0 0
Covanta Hldg Corp COM 22282E102 64,093 3,201,449 SH   SOLE NONE 3,201,449 0 0
Covidien Plc SHS G2554F113 95,283 1,516,286 SH   SOLE NONE 1,516,286 0 0
Credicorp Ltd COM G2519Y108 23,033 180,000 SH   SOLE NONE 180,000 0 0
Cresud S A C I F Y A SPONSORED ADR 226406106 6,687 900,000 SH   SOLE NONE 900,000 0 0
Crown Castle Intl Corp COM 228227104 152,509 2,106,765 SH   SOLE NONE 2,106,765 0 0
Crown Holdings Inc COM 228368106 121,255 2,948,096 SH   SOLE NONE 2,948,096 0 0
Danaher Corp Del COM 235851102 70,709 1,117,052 SH   SOLE NONE 1,117,052 0 0
Discovery Communicatns New COM SER A 25470F104 18,147 234,948 SH   SOLE NONE 234,948 0 0
Discovery Communicatns New COM SER C 25470F302 51,249 734,521 SH   SOLE NONE 734,521 0 0
Ecolab Inc COM 278865100 27,169 318,927 SH   SOLE NONE 318,927 0 0
Entegris Inc COM 29362U104 35,187 3,749,318 SH   SOLE NONE 3,749,318 0 0
Equifax Inc COM 294429105 143,086 2,428,070 SH   SOLE NONE 2,428,070 0 0
ERA Group Inc COM 26885G109 26,632 1,018,450 SH   SOLE NONE 1,018,450 0 0
Fidelity National Financial CL A 31620R105 36,025 1,513,000 SH   SOLE NONE 1,513,000 0 0
Fidelity Natl Information SV COM 31620M106 152,257 3,554,093 SH   SOLE NONE 3,554,093 0 0
Fiserv Inc COM 337738108 159,789 1,828,042 SH   SOLE NONE 1,828,042 0 0
Flir Sys Inc COM 302445101 67,684 2,509,607 SH   SOLE NONE 2,509,607 0 0
Flowers Foods Inc COM 343498101 45,596 2,067,855 SH   SOLE NONE 2,067,855 0 0
Flowserve Corp COM 34354P105 65,719 1,216,800 SH   SOLE NONE 1,216,800 0 0
Forest City Enterprises Inc CL A 345550107 15,943 890,153 SH   SOLE NONE 890,153 0 0
Franco Nevada Corp COM 351858105 18,286 511,000 SH   SOLE NONE 511,000 0 0
Graco Inc COM 384109104 44,137 698,264 SH   SOLE NONE 698,264 0 0
Grupo Aeroportuario Ctr Nort SPON ADR 400501102 3,246 123,974 SH   SOLE NONE 123,974 0 0
Grupo Financiero Santander M SPON ADR SHS B 40053C105 27,752 1,952,962 SH   SOLE NONE 1,952,962 0 0
Grupo Televisa SA SPON ADR REP ORD 40049J206 92,156 3,710,000 SH   SOLE NONE 3,710,000 0 0
Hasbro Inc COM 418056107 55,583 1,239,864 SH   SOLE NONE 1,239,864 0 0
HCC Ins Hldgs Inc COM 404132102 80,307 1,862,832 SH   SOLE NONE 1,862,832 0 0
Helmerich & Payne Inc COM 423452101 82,129 1,315,115 SH   SOLE NONE 1,315,115 0 0
Schein Henry Inc COM 806407102 132,574 1,384,733 SH   SOLE NONE 1,384,733 0 0
Home Depot Inc COM 437076102 85,676 1,105,926 SH   SOLE NONE 1,105,926 0 0
Idex Corp COM 45167R104 42,559 790,920 SH   SOLE NONE 790,920 0 0
Intuit COM 461202103 124,157 2,034,030 SH   SOLE NONE 2,034,030 0 0
IRSA Inversiones Y REP S A GLOBAL DEP RCPT 450047204 3,344 450,000 SH   SOLE NONE 450,000 0 0
Itau Unibanco Hldg SA SPON ADR REP PFD 465562106 157,753 12,210,000 SH   SOLE NONE 12,210,000 0 0
Henry Jack & Assoc Inc COM 426281101 29,986 636,250 SH   SOLE NONE 636,250 0 0
Jacobs Engr Group Inc Del COM 469814107 55,745 1,011,150 SH   SOLE NONE 1,011,150 0 0
Kirby Corp COM 497266106 5,903 74,210 SH   SOLE NONE 74,210 0 0
KKR & Co L P Del COM UNITS 48248M102 56,056 2,851,276 SH   SOLE NONE 2,851,276 0 0
Kraft Foods Group Inc COM 50076Q106 82,161 1,470,582 SH   SOLE NONE 1,470,582 0 0
Leucadia Natl Corp COM 527288104 13,143 501,240 SH   SOLE NONE 501,240 0 0
Liberty Interactive Corp INT COM SER A 53071M104 52,022 2,260,856 SH   SOLE NONE 2,260,856 0 0
Liberty Interactive Corp LBT VENT COM A 53071M880 21,036 247,454 SH   SOLE NONE 247,454 0 0
Liberty Media Corp Delaware CL A 531229102 53,924 425,403 SH   SOLE NONE 425,403 0 0
Linear Technology Corp COM 535678106 3,905 106,000 SH   SOLE NONE 106,000 0 0
Macquarie Infrastr Co Llc MEMBERSHIP INT 55608B105 22,295 417,122 SH   SOLE NONE 417,122 0 0
Marathon Pete Corp COM 56585A102 25,937 365,000 SH   SOLE NONE 365,000 0 0
Markel Corp COM 570535104 36,167 68,635 SH   SOLE NONE 68,635 0 0
Marriott Intl Inc New CL A 571903202 74,886 1,855,000 SH   SOLE NONE 1,855,000 0 0
Martin Marietta Matls Inc COM 573284106 37,301 379,000 SH   SOLE NONE 379,000 0 0
Mastercard Inc CL A 57636Q104 121,730 211,889 SH   SOLE NONE 211,889 0 0
McGraw Hill Finl Inc COM 580645109 10,572 198,750 SH   SOLE NONE 198,750 0 0
Microsoft Corp COM 594918104 74,675 2,161,667 SH   SOLE NONE 2,161,667 0 0
MSC Indl Direct Inc CL A 553530106 44,839 578,872 SH   SOLE NONE 578,872 0 0
Nasdaq OMX Group Inc COM 631103108 26,330 803,000 SH   SOLE NONE 803,000 0 0
News Corp CL A 65248E104 111,496 3,422,219 SH   SOLE NONE 3,422,219 0 0
NICE Sys Ltd SPONSORED ADR 653656108 25,316 686,261 SH   SOLE NONE 686,261 0 0
Norfolk Southern Corp COM 655844108 58,338 803,000 SH   SOLE NONE 803,000 0 0
Oaktree Cap Group LLC UNIT 99/99/9999 674001201 62,009 1,180,000 SH   SOLE NONE 1,180,000 0 0
Oceaneering Intl Inc COM 675232102 29,190 404,288 SH   SOLE NONE 404,288 0 0
PerkinElmer Inc COM 714046109 61,082 1,879,446 SH   SOLE NONE 1,879,446 0 0
Phillips 66 COM 718546104 64,688 1,098,080 SH   SOLE NONE 1,098,080 0 0
PNC Finl Svcs Group Inc COM 693475105 71,219 976,667 SH   SOLE NONE 976,667 0 0
Precision Castparts Corp COM 740189105 82,572 365,348 SH   SOLE NONE 365,348 0 0
Procter & Gamble Co COM 742718109 35,338 459,000 SH   SOLE NONE 459,000 0 0
Progressive Waste Solutions COM 74339G101 10,787 500,859 SH   SOLE NONE 500,859 0 0
Rayonier Inc COM 754907103 57,914 1,045,573 SH   SOLE NONE 1,045,573 0 0
Rock-Tenn Co CL A 772739207 27,510 275,429 SH   SOLE NONE 275,429 0 0
Roper Inds Inc New COM 776696106 37,810 304,380 SH   SOLE NONE 304,380 0 0
Seacor Holdings Inc COM 811904101 84,507 1,017,544 SH   SOLE NONE 1,017,544 0 0
Sherwin Williams Co COM 824348106 117,758 666,807 SH   SOLE NONE 666,807 0 0
Snap On Inc COM 833034101 51,926 580,958 SH   SOLE NONE 580,958 0 0
Southwestern Energy Co COM 845467109 17,762 486,234 SH   SOLE NONE 486,234 0 0
SS&C Technologies Hldgs Inc COM 78467J100 2,402 73,000 SH   SOLE NONE 73,000 0 0
St Joe Co COM 790148100 26,295 1,249,164 SH   SOLE NONE 1,249,164 0 0
Stanley Black & Decker Inc COM 854502101 74,878 968,669 SH   SOLE NONE 968,669 0 0
State Str Corp COM 857477103 109,488 1,679,000 SH   SOLE NONE 1,679,000 0 0
Synopsys Inc COM 871607107 73,091 2,044,508 SH   SOLE NONE 2,044,508 0 0
Target Corp COM 87612E106 70,216 1,019,698 SH   SOLE NONE 1,019,698 0 0
TD Ameritrade Hldg Corp COM 87236Y108 134,469 5,535,974 SH   SOLE NONE 5,535,974 0 0
Texas Instrs Inc COM 882508104 134,864 3,869,843 SH   SOLE NONE 3,869,843 0 0
Texas Pac Ld Tr SUB CTF PROP I T 882610108 13,687 162,192 SH   SOLE NONE 162,192 0 0
Tidewater Inc COM 886423102 33,270 584,000 SH   SOLE NONE 584,000 0 0
US Bancorp Del COM NEW 902973304 92,154 2,549,200 SH   SOLE NONE 2,549,200 0 0
UGI Corp New COM 902681105 74,231 1,898,000 SH   SOLE NONE 1,898,000 0 0
Unit Corp COM 909218109 12,940 303,896 SH   SOLE NONE 303,896 0 0
United Parcel Service Inc CL B 911312106 194,156 2,245,095 SH   SOLE NONE 2,245,095 0 0
Visa Inc COM CL A 92826C839 55,031 301,125 SH   SOLE NONE 301,125 0 0
Vulcan Matls Co COM 929160109 31,926 659,500 SH   SOLE NONE 659,500 0 0
Grainger W W Inc COM 384802104 93,852 372,162 SH   SOLE NONE 372,162 0 0
Walgreen Co COM 931422109 294,894 6,671,818 SH   SOLE NONE 6,671,818 0 0
Waste Connections Inc COM 941053100 20,246 492,132 SH   SOLE NONE 492,132 0 0
Wells Fargo & Co New COM 949746101 117,369 2,843,937 SH   SOLE NONE 2,843,937 0 0
Wintrust Financial Corp COM 97650W108 12,796 334,286 SH   SOLE NONE 334,286 0 0
Woodward Inc COM 980745103 30,283 757,066 SH   SOLE NONE 757,066 0 0