Shares
Market
Value
COMMON
STOCKS
(Continued)
Entertainment
(Continued)
20,000
Warner
Bros
Discovery
Inc.
†
....................
$
165,000
2,246,629
Equipment
and
Supplies
—
2
.6
%
200
AMETEK
Inc.
............................................
34,342
5,000
Ardagh
Metal
Packaging
SA
......................
18,850
3,000
Graco
Inc.
................................................
262,530
40,000
Instalco
AB
..............................................
164,634
15,000
Mueller
Industries
Inc.
..............................
1,111,500
1,591,856
Financial
Services
—
12
.2
%
1,000
American
Express
Co.
...............................
271,200
1,800
American
International
Group
Inc.
.............
131,814
3,000
Bank
of
America
Corp.
..............................
119,040
3
Berkshire
Hathaway
Inc.
,
Cl. A
†
................
2,073,540
10,000
Citigroup
Inc.
...........................................
626,000
3,200
Comerica
Inc.
...........................................
191,712
8,000
Deutsche
Bank
AG
....................................
138,480
5,500
EXOR
NV
.................................................
588,662
27,000
FinecoBank
Banca
Fineco
SpA
...................
462,096
100,000
GAM
Holding
AG
†
....................................
22,969
1,000
Julius
Baer
Group
Ltd.
..............................
60,141
10,000
Kinnevik
AB
,
Cl. A
.....................................
81,618
4,200
Morgan
Stanley
........................................
437,808
40,000
Resona
Holdings
Inc.
...............................
277,641
4,000
State
Street
Corp.
.....................................
353,880
1,000
T.
Rowe
Price
Group
Inc.
..........................
108,930
10,000
The
Bank
of
New
York
Mellon
Corp.
..........
718,600
1,500
The
PNC
Financial
Services
Group
Inc.
......
277,275
7,000
UBS
Group
AG
.........................................
216,370
4,000
Wells
Fargo
&
Co.
....................................
225,960
7,383,736
Food
and
Beverage
—
13
.9
%
12,000
Campbell
Soup
Co.
...................................
587,040
5,000
Danone
SA
...............................................
363,666
40,000
Davide
Campari-Milano
NV
.......................
338,398
6,000
Diageo
plc
,
ADR
.......................................
842,040
6,400
Fomento
Economico
Mexicano
SAB
de
CV
,
ADR
.....................................................
631,744
1,700
General
Mills
Inc.
.....................................
125,545
2,000
Heineken
NV
............................................
177,302
2,000
Kellanova
.................................................
161,420
4,000
Kerry
Group
plc
,
Cl. A
...............................
394,055
53,000
Kikkoman
Corp.
........................................
600,341
10,000
Maple
Leaf
Foods
Inc.
..............................
163,777
3,000
McCormick
&
Co.
Inc.
..............................
247,620
3,000
McCormick
&
Co.
Inc.,
Non-Voting
...........
246,900
3,600
Molson
Coors
Beverage
Co.
,
Cl. B
.............
207,072
14,000
Nestlé
SA
.................................................
1,405,376
3,500
Pernod
Ricard
SA
.....................................
528,301
Shares
Market
Value
12,100
Remy
Cointreau
SA
..................................
$
940,818
5,400
The
Kraft
Heinz
Co.
...................................
189,594
625
WK
Kellogg
Co.
........................................
10,694
10,000
Yakult
Honsha
Co.
Ltd.
.............................
230,927
8,392,630
Health
Care
—
2
.3
%
20,000
Achaogen
Inc.
†
(a)
....................................
0
4,000
Bristol-Myers
Squibb
Co.
..........................
206,960
2,200
Cutera
Inc.
†
.............................................
1,735
800
GSK
plc
,
ADR
...........................................
32,704
9,000
Haleon
plc
,
ADR
.......................................
95,220
700
ICU
Medical
Inc.
†
.....................................
127,554
4,666
Idorsia
Ltd.
†
............................................
8,226
1,400
Johnson
&
Johnson
.................................
226,884
4,000
Perrigo
Co.
plc
.........................................
104,920
9,500
Pfizer
Inc.
................................................
274,930
5,000
Roche
Holding
AG
,
ADR
...........................
199,750
10,000
Viatris
Inc.
...............................................
116,100
1,394,983
Hotels
and
Gaming
—
1
.5
%
6,500
Caesars
Entertainment
Inc.
†
.....................
271,310
190,000
Mandarin
Oriental
International
Ltd.
..........
323,000
200,000
The
Hongkong
&
Shanghai
Hotels
Ltd.
......
147,417
1,400
Wynn
Resorts
Ltd.
...................................
134,232
875,959
Machinery
—
3
.6
%
140,000
CNH
Industrial
NV,
New
York
....................
1,554,000
2,666
NKT
A/S
†
.................................................
251,808
1,500
Tennant
Co.
..............................................
144,060
20,024
Twin
Disc
Inc.
...........................................
250,100
2,199,968
Publishing
—
0
.1
%
14,000
The
E.W.
Scripps
Co.
,
Cl. A
†
.....................
31,430
Retail
—
1
.1
%
4,000
Nathan's
Famous
Inc.
...............................
323,600
31,500
Walgreens
Boots
Alliance
Inc.
...................
282,240
1,700
Zalando
SE
†
.............................................
56,052
661,892
Specialty
Chemicals
—
1
.5
%
6,000
Arcadium
Lithium
plc
†
.............................
17,100
700
Ashland
Inc.
.............................................
60,879
1,700
Darling
Ingredients
Inc.
†
..........................
63,172
3,600
International
Flavors
&
Fragrances
Inc.
.....
377,748
5,000
Novonesis
(Novozymes)
B
........................
360,036
200
The
Chemours
Co.
....................................
4,064
882,999
Telecommunications
—
5
.1
%
1,300
Cogeco
Communications
Inc.
...................
68,727
11,000
Deutsche
Telekom
AG
...............................
323,136
