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
ALLERGAN PLC SHS G0177J108 122,423 512,403 SH   SOLE   505,403 0 7,000
AON PLC SHS CL A G0408V102 49,510 417,134 SH   SOLE   410,634 0 6,500
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 19,998 166,817 SH   SOLE   166,817 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 182,354 5,204,180 SH   SOLE   5,139,180 0 65,000
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 23,908 1,037,666 SH   SOLE   1,022,066 0 15,600
WILLIS TOWERS WATSON PUB LTD SHS G96629103 22,150 169,228 SH   SOLE   165,528 0 3,700
ACI WORLDWIDE INC COM 004498101 3,572 167,000 SH   SOLE   167,000 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 24,132 669,225 SH   SOLE   651,425 0 17,800
ALPHABET INC CAP STK CL C 02079K107 80,093 96,549 SH   SOLE   95,449 0 1,100
ALPHABET INC CAP STK CL A 02079K305 161 190 SH   SOLE   190 0 0
AMAZON COM INC COM 023135106 11,046 12,460 SH   SOLE   12,460 0 0
AMERICAN TOWER CORP NEW COM 03027X100 1,073 8,828 SH   SOLE   8,828 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 1,866 17,000 SH   SOLE   17,000 0 0
APPLE INC COM 037833100 330 2,300 SH   SOLE   2,160 0 140
AVON PRODS INC COM 054303102 576 131,000 SH   SOLE   131,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 103,188 413 SH   SOLE   163 0 250
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 191,605 1,149,537 SH   SOLE   1,132,156 0 17,381
COLFAX CORP COM 194014106 67,709 1,724,640 SH   SOLE   1,698,440 0 26,200
COMCAST CORP NEW CL A 20030N101 23,040 612,920 SH   SOLE   612,920 0 0
COMMERCEHUB INC COM SER A 20084V108 1,455 94,000 SH   SOLE   94,000 0 0
COMMERCEHUB INC COM SER C 20084V306 2,920 188,000 SH   SOLE   188,000 0 0
COMPASS MINERALS INTL INC COM 20451N101 3,138 46,248 SH   SOLE   46,248 0 0
CVS HEALTH CORP COM 126650100 9,587 122,123 SH   SOLE   122,123 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 15,207 131,570 SH   SOLE   131,570 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 52,617 1,858,584 SH   SOLE   1,832,384 0 26,200
DOLLAR GEN CORP NEW COM 256677105 347 4,973 SH   SOLE   4,973 0 0
DOLLAR TREE INC COM 256746108 14,206 181,061 SH   SOLE   181,061 0 0
DONNELLEY FINL SOLUTIONS INC COM 25787G100 851 44,100 SH   SOLE   44,100 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 7,930 254,000 SH   SOLE   254,000 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 637 8,000 SH   SOLE   8,000 0 0
FLIR SYS INC COM 302445101 27,439 756,315 SH   SOLE   737,315 0 19,000
FOSSIL GROUP INC COM 34988V106 2,791 159,953 SH   SOLE   159,953 0 0
GUIDEWIRE SOFTWARE INC COM 40171V100 2,684 47,645 SH   SOLE   47,645 0 0
HALLIBURTON CO COM 406216101 6,249 126,980 SH   SOLE   126,980 0 0
INTELLIGENT SYS CORP NEW COM 45816D100 10,408 2,270,000 SH   SOLE   2,270,000 0 0
ILG INC COM 44967H101 46,830 2,234,256 SH   SOLE   2,196,256 0 38,000
ISHARES TR RUS 1000 ETF 464287622 260 1,983 SH   SOLE   0 0 1,983
ISHARES TR S&P 100 ETF 464287101 13 128 SH   SOLE   0 0 128
LABORATORY CORP AMER HLDGS COM NEW 50540R409 106,171 740,019 SH   SOLE   731,619 0 8,400
LIBERTY BROADBAND CORP COM SER A 530307107 29,782 350,000 SH   SOLE   350,000 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 194,497 2,251,124 SH   SOLE   2,223,124 0 28,000
LIBERTY EXPEDIA HOLDINGS SER A COM 53046P109 14,008 308,000 SH   SOLE   308,000 0 0
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 82,298 4,110,804 SH   SOLE   4,059,304 0 51,500
LIBERTY INTERACTIVE CORP LBT VEN COM A NE 53071M856 33,894 762,000 SH   SOLE   762,000 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 15,957 410,000 SH   SOLE   410,000 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 69,441 1,790,652 SH   SOLE   1,766,152 0 24,500
LIBERTY MEDIA CORP DELAWARE COM A BRAVES GRP 531229706 742 31,000 SH   SOLE   31,000 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 11,953 350,000 SH   SOLE   350,000 0 0
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 2,534 77,500 SH   SOLE   77,500 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 5,085 215,000 SH   SOLE   215,000 0 0
LIONS GATE ENTMNT CORP CL A VTG 535919401 3,320 125,000 SH   SOLE   125,000 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 3,657 150,000 SH   SOLE   150,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 83,806 745,144 SH   SOLE   738,544 0 6,600
MONSANTO CO NEW COM 61166W101 22,680 200,351 SH   SOLE   200,351 0 0
MURPHY USA INC COM 626755102 12,306 167,614 SH   SOLE   167,614 0 0
NATIONAL CINEMEDIA INC COM 635309107 11,868 939,695 SH   SOLE   939,695 0 0
ORACLE CORP COM 68389X105 53,462 1,198,427 SH   SOLE   1,179,027 0 19,400
PIONEER NAT RES CO COM 723787107 24,488 131,491 SH   SOLE   129,191 0 2,300
PRAXAIR INC COM 74005P104 25,340 213,663 SH   SOLE   213,663 0 0
RTW HLDGS INC NOTE 5.625%11/1 749772AB5 16,500 16,000,000 PRN   SOLE   16,000,000 0 0
RANGE RES CORP COM 75281A109 24,043 826,204 SH   SOLE   809,204 0 17,000
REDWOOD TR INC NOTE 4.625% 4/1 758075AB1 33,030 32,825,000 PRN   SOLE   32,825,000 0 0
REDWOOD TR INC COM 758075402 79,556 4,789,650 SH   SOLE   4,729,650 0 60,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 93 395 SH   SOLE   0 0 395
SALESFORCE COM INC COM 79466L302 660 8,000 SH   SOLE   8,000 0 0
SUMMIT MATLS INC CL A 86614U100 463 18,722 SH   SOLE   18,722 0 0
TEXAS INSTRS INC COM 882508104 43,807 543,780 SH   SOLE   535,580 0 8,200
THERMO FISHER SCIENTIFIC INC COM 883556102 20,820 135,545 SH   SOLE   135,545 0 0
THERMON GROUP HLDGS INC COM 88362T103 352 16,868 SH   SOLE   16,868 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 81,654 2,520,950 SH   SOLE   2,479,450 0 41,500
TWENTY FIRST CENTY FOX INC CL B 90130A200 5,227 164,490 SH   SOLE   164,490 0 0
UNITED PARCEL SERVICE INC CL B 911312106 16,871 157,236 SH   SOLE   157,236 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 39 430 SH   SOLE   0 0 430
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 193 2,313 SH   SOLE   0 0 2,313
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 368 4,621 SH   SOLE   0 0 4,621
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 754 19,198 SH   SOLE   0 0 19,198
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 287 2,083 SH   SOLE   0 0 2,083
VANGUARD INDEX FDS TOTAL STK MKT 922908769 947 7,807 SH   SOLE   0 0 7,807
VISA INC COM CL A 92826C839 72,455 815,294 SH   SOLE   802,294 0 13,000
WELLS FARGO & CO NEW COM 949746101 46,718 839,352 SH   SOLE   828,452 0 10,900
WESCO AIRCRAFT HLDGS INC COM 950814103 31,635 2,775,000 SH   SOLE   2,775,000 0 0
XO GROUP INC COM 983772104 13,516 785,346 SH   SOLE   785,346 0 0
ZOES KITCHEN INC COM 98979J109 803 43,408 SH   SOLE   43,408 0 0