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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 69,554 330,312 SH   SOLE   297,839 0 32,473
AFLAC INC COM 001055102 83,964 1,587,212 SH   SOLE   1,431,356 0 155,856
AMERICAN EXPRESS CO COM 025816109 133,513 1,072,483 SH   SOLE   966,267 0 106,216
AMGEN INC COM 031162100 152,872 634,139 SH   SOLE   570,823 0 63,316
BANK AMER CORP COM 060505104 105,452 2,994,105 SH   SOLE   2,698,326 0 295,779
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 86,615 382,406 SH   SOLE   344,764 0 37,642
BOOKING HLDGS INC COM 09857L108 23,846 11,611 SH   SOLE   10,469 0 1,142
COMCAST CORP NEW CL A 20030N101 70,196 1,560,942 SH   SOLE   1,409,347 0 151,595
CUMMINS INC COM 231021106 23,585 131,792 SH   SOLE   118,737 0 13,055
DISCOVERY INC COM SER A 25470F104 145,853 4,454,888 SH   SOLE   4,014,352 0 440,536
DISNEY WALT CO COM DISNEY 254687106 94,135 650,866 SH   SOLE   586,875 0 63,991
EBAY INC COM 278642103 54,636 1,513,044 SH   SOLE   1,363,055 0 149,989
ENTERCOM COMMUNICATIONS CORP CL A 293639100 85 18,246 SH   SOLE   18,246 0 0
HOME DEPOT INC COM 437076102 93,320 427,327 SH   SOLE   385,361 0 41,966
JPMORGAN CHASE & CO COM 46625H100 114,487 821,283 SH   SOLE   740,423 0 80,860
LENNAR CORP CL A 526057104 82,540 1,479,480 SH   SOLE   1,333,369 0 146,111
MACERICH CO COM 554382101 62,488 2,321,240 SH   SOLE   2,082,993 0 238,247
MERCK & CO INC COM 58933Y105 84,166 925,405 SH   SOLE   834,454 0 90,951
NVR INC COM 62944T105 159,119 41,781 SH   SOLE   37,701 0 4,080
OCCIDENTAL PETE CORP COM 674599105 92,662 2,248,533 SH   SOLE   2,017,844 0 230,689
PAYPAL HLDGS INC COM 70450Y103 25,047 231,554 SH   SOLE   208,781 0 22,773
PFIZER INC COM 717081103 60,319 1,539,540 SH   SOLE   1,387,986 0 151,554
QUALCOMM INC COM 747525103 66,588 754,711 SH   SOLE   680,573 0 74,138
SPDR S&P 500 ETF TR TR UNIT 78462F103 10,373 32,229 SH   SOLE   32,229 0 0
STARBUCKS CORP COM 855244109 26,197 297,959 SH   SOLE   268,731 0 29,228
TARGET CORP COM 87612E106 170,353 1,328,700 SH   SOLE   1,198,471 0 130,229
WALGREENS BOOTS ALLIANCE INC COM 931427108 80,871 1,371,627 SH   SOLE   1,230,906 0 140,721
WELLS FARGO CO NEW COM 949746101 75,610 1,405,388 SH   SOLE   1,266,858 0 138,530