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
Estimated average burden
hours per response: 23.8
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
Abbot Laboratories COMMON 002824100 67,262 1,494,057 SH   SOLE   919,451 0 574,606
Alleghany Corp COMMON 017175100 85,026 183,363 SH   SOLE   113,175 0 70,188
Altera Corp COMMON 021441100 25,267 684,002 SH   SOLE   422,169 0 261,833
American Express Co COMMON 025816109 40,767 438,186 SH   SOLE   270,457 0 167,729
Aflac Inc COMMON 001055102 78,571 1,286,145 SH   SOLE   793,832 0 492,313
Analog Devices Inc COMMON 032654105 73,795 1,329,168 SH   SOLE   818,337 0 510,831
Atwood Oceanics Inc COMMON 050095108 9,875 348,069 SH   SOLE   214,910 0 133,159
Automatic Data Processing COMMON 053015103 13,048 155,200 SH   SOLE   95,469 0 59,731
Berkshire Hathaway Inc COMMON 084670702 49,914 333,205 SH   SOLE   182,780 0 150,425
Bancolombia Sa -Pref COMMON 05968L102 14,125 295,014 SH   SOLE   170,414 0 124,600
Baxter International Inc COMMON 071813109 84,322 1,143,106 SH   SOLE   0 0 99,157
Brookfield Asset Manage-CL A COMMON 112585104 42,859 852,755 SH   SOLE   533,016 0 319,739
Taiwan Semiconductor Manufacturing Co Ltd COMMON 874039100 2,219 99,157 SH   SOLE   0 0 99,157
Rogers Communications Inc COMMON 775109200 68,585 1,742,887 SH   SOLE   1,089,419 0 653,468
Canadian Natural Resources COMMON 136385101 99,517 3,191,412 SH   SOLE   1,994,886 0 1,196,526
JP Morgan Chase & Co COMMON 46625H100 31,136 497,530 SH   SOLE   307,083 0 190,447
Chubb Corp COMMON 171232101 103,047 991,498 SH   SOLE   610,028 0 381,470
Clean Harbors Inc COMMON 184496107 31,159 648,523 SH   SOLE   400,281 0 248,242
Coca Cola Co COMMON 191216100 143,036 3,387,865 SH   SOLE   2,088,197 0 1,299,668
Colgate Palmolive Co COMMON 194162103 105,833 1,529,680 SH   SOLE   942,328 0 587,352
CIA De Minas Buenaventura COMMON 204448104 11,466 1,199,371 SH   SOLE   689,875 0 509,496
CIA Cervecerias Unidas COMMON 204429104 866 46,407 SH   SOLE   0 0 46,407
Omnicom Group COMMON 681919106 86,444 1,109,226 SH   SOLE   683,471 0 425,755
Ebay Inc COMMON 278642103 73,058 1,301,855 SH   SOLE   803,551 0 498,304
Emerson Electric Co COMMON 291011104 49,919 808,720 SH   SOLE   497,628 0 311,092
Expeditors Intl Wash Inc COMMON 302130109 12,340 276,612 SH   SOLE   170,503 0 106,109
M & T Bank Corp COMMON 55261F104 47,921 381,502 SH   SOLE   235,133 0 146,369
Flir Systems Inc COMMON 302445101 58,218 1,801,954 SH   SOLE   1,112,220 0 689,734
Franklin Resources COMMON 354613101 98,594 1,761,620 SH   SOLE   1,085,595 0 676,025
Endurance Speciality Holdings COMMON G30397106 11,690 195,356 SH   SOLE   118,540 0 76,816
Fresenius Medical Care Ag And Co. Kgaa COMMON 358029106 28,324 758,476 SH   SOLE   369,893 0 388,583
Goldman Sachs Group Inc COMMON 38141G104 24,451 126,147 SH   SOLE   77,857 0 48,290
Intel Corp COMMON 458140100 108,954 3,002,301 SH   SOLE   1,850,783 0 1,151,518
Johnson and Johnson COMMON 478160104 161,467 1,544,102 SH   SOLE   951,529 0 592,573
Linear Technology Corp COMMON 535678106 97,988 2,148,852 SH   SOLE   1,323,260 0 825,592
Loews Corp COMMON 540424108 76,699 1,825,301 SH   SOLE   1,127,011 0 698,290
Luxottica Group Spa COMMON 55068R202 128,326 2,355,455 SH   SOLE   1,536,057 0 819,398
McDonalds Corp COMMON 580135101 110,986 1,184,479 SH   SOLE   729,377 0 455,102
Markel Corp COMMON 570535104 23,945 35,063 SH   SOLE   21,649 0 13,414
MSC Industrial Direct Co A COMMON 553530106 36,915 454,342 SH   SOLE   280,427 0 173,915
Martin Marietta Materials COMMON 573284106 20,214 183,233 SH   SOLE   113,070 0 70,163
Microsoft Corp COMMON 594918104 71,221 1,533,222 SH   SOLE   945,943 0 587,279
3M Co COMMON 88579Y101 65,960 401,868 SH   SOLE   228,261 0 173,607
National Oilwell Varco COMMON 637071101 31,023 473,426 SH   SOLE   292,312 0 181,114
Wells Fargo COMMON 949746101 82,807 1,510,533 SH   SOLE   931,394 0 579,139
Oracle Corp COMMON 68389X105 141,155 3,138,864 SH   SOLE   1,936,707 0 1,202,157
Paychex Inc COMMON 704326107 21,512 465,946 SH   SOLE   286,734 0 179,212
Pfizer Inc COMMON 717081103 68,811 2,209,035 SH   SOLE   1,363,348 0 845,687
Praxair Inc COMMON 74005P104 129,184 997,055 SH   SOLE   614,164 0 382,891
Costco Wholesale Corp COMMON 22160K105 41,653 293,845 SH   SOLE   181,432 0 112,413
Procter & Gamble COMMON 742718109 158,489 1,739,842 SH   SOLE   1,071,672 0 668,170
America Movil SAB de CV COMMON 02364W105 35,351 1,593,887 SH   SOLE   919,823 0 674,064
Renaissancere Holding COMMON G7496G103 21,273 218,805 SH   SOLE   134,673 0 84,132
Resmed Inc COMMON 761152107 13,993 249,602 SH   SOLE   153,617 0 95,985
US Bancorp COMMON 902973304 128,044 2,834,365 SH   SOLE   1,746,378 0 1,087,987
Travelers Cos Inc / The COMMON 89417E109 100,725 951,562 SH   SOLE   585,341 0 366,221
Quimica y Minera Chil-SP ADR COMMON 833635105 7,716 323,132 SH   SOLE   187,100 0 136,032
Superior Energy Services COMMON 868157108 46,406 2,303,251 SH   SOLE   1,422,117 0 881,134
Sigma-Aldrich COMMON 826552101 40,035 291,660 SH   SOLE   179,313 0 112,347
Texas Instruments Inc COMMON 882508104 47,244 883,666 SH   SOLE   543,625 0 340,041
Varian Medical Systems Inc COMMON 92220P105 25,925 299,694 SH   SOLE   184,497 0 115,197
Waters Corp COMMON 941848103 48,910 433,951 SH   SOLE   267,068 0 166,883
JM Smucker Co/The COMMON 832696405 47,887 474,233 SH   SOLE   291,749 0 182,484
Google Inc-Cl A COMMON 38259P508 34,688 65,369 SH   SOLE   40,344 0 25,025
Baidu Inc - Spon ADR COMMON 056752108 86,800 380,757 SH   SOLE   289,130 0 91,627
Cbs Corp COMMON 124857202 17,987 324,233 SH   SOLE   199,574 0 124,659
Mindray Medical COMMON 602675100 25,472 964,881 SH   SOLE   708,003 0 256,878
Accenture Plc COMMON G1151C101 14,086 156,833 SH   SOLE   96,629 0 60,204
Towers Watson & Co COMMON 891894107 12,285 108,443 SH   SOLE   66,687 0 41,756
Time Warner Inc COMMON 887317303 96,145 1,125,601 SH   SOLE   693,314 0 432,287
Google Inc-Cl A COMMON 38259P706 13,531 25,705 SH   SOLE   15,848 0 9,857
Wellpoint Inc COMMON 036752103 49,011 389,983 SH   SOLE   237,407 0 152,576