UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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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 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 | 4,376 | 28,961 | SH | SOLE | 28,961 | 0 | 0 | ||
| ALLY FINL INC | COM | 02005N100 | 2,132 | 41,761 | SH | SOLE | 41,761 | 0 | 0 | ||
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | 3,774 | 68,761 | SH | SOLE | 68,761 | 0 | 0 | ||
| AMERIPRISE FINL INC | COM | 03076C106 | 22,875 | 86,607 | SH | SOLE | 86,607 | 0 | 0 | ||
| APOLLO GLOBAL MGMT INC | COM CL A | 03768E105 | 15,202 | 246,832 | SH | SOLE | 246,832 | 0 | 0 | ||
| ARCH CAP GROUP LTD | ORD | G0450A105 | 1,567 | 41,040 | SH | SOLE | 41,040 | 0 | 0 | ||
| ATHENE HOLDING LTD | CL A | G0684D107 | 5,686 | 82,563 | SH | SOLE | 82,563 | 0 | 0 | ||
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | 28,086 | 140,488 | SH | SOLE | 140,488 | 0 | 0 | ||
| AXIS CAP HLDGS LTD | SHS | G0692U109 | 6,007 | 130,482 | SH | SOLE | 130,482 | 0 | 0 | ||
| BANK NEW YORK MELLON CORP | COM | 064058100 | 7,050 | 135,990 | SH | SOLE | 135,990 | 0 | 0 | ||
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 27,960 | 102,439 | SH | SOLE | 102,439 | 0 | 0 | ||
| BK OF AMERICA CORP | COM | 060505104 | 1,614 | 38,021 | SH | SOLE | 38,021 | 0 | 0 | ||
| BLACK KNIGHT INC | COM | 09215C105 | 5,240 | 72,783 | SH | SOLE | 72,783 | 0 | 0 | ||
| BROWN & BROWN INC | COM | 115236101 | 15,763 | 284,279 | SH | SOLE | 284,279 | 0 | 0 | ||
| CAPITAL ONE FINL CORP | COM | 14040H105 | 14,974 | 92,452 | SH | SOLE | 92,452 | 0 | 0 | ||
| CARLYLE GROUP INC | COM | 14316J108 | 28,039 | 593,049 | SH | SOLE | 593,049 | 0 | 0 | ||
| CBOE GLOBAL MKTS INC | COM | 12503M108 | 10,644 | 85,937 | SH | SOLE | 85,937 | 0 | 0 | ||
| CHUBB LIMITED | COM | H1467J104 | 18,949 | 109,229 | SH | SOLE | 109,229 | 0 | 0 | ||
| CIGNA CORP NEW | COM | 125523100 | 11,122 | 55,568 | SH | SOLE | 55,568 | 0 | 0 | ||
| CITIZENS FINL GROUP INC | COM | 174610105 | 17,586 | 374,321 | SH | SOLE | 374,321 | 0 | 0 | ||
| CME GROUP INC | COM | 12572Q105 | 7,395 | 38,240 | SH | SOLE | 38,240 | 0 | 0 | ||
| DUN & BRADSTREET HLDGS INC | COM | 26484T106 | 8,279 | 492,480 | SH | SOLE | 492,480 | 0 | 0 | ||
| EQUITABLE HLDGS INC | COM | 29452E101 | 19,030 | 642,033 | SH | SOLE | 642,033 | 0 | 0 | ||
| ESSENT GROUP LTD | COM | G3198U102 | 6,199 | 140,852 | SH | SOLE | 140,852 | 0 | 0 | ||
| EVERCORE INC | CLASS A | 29977A105 | 2,105 | 15,744 | SH | SOLE | 15,744 | 0 | 0 | ||
| EVEREST RE GROUP LTD | COM | G3223R108 | 27,086 | 108,007 | SH | SOLE | 108,007 | 0 | 0 | ||
| FACTSET RESH SYS INC | COM | 303075105 | 5,098 | 12,914 | SH | SOLE | 12,914 | 0 | 0 | ||
| FEDERATED HERMES INC | CL B | 314211103 | 2,770 | 85,225 | SH | SOLE | 85,225 | 0 | 0 | ||
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 | 8,226 | 181,429 | SH | SOLE | 181,429 | 0 | 0 | ||
| FIDELITY NATL INFORMATION SV | COM | 31620M106 | 23,555 | 193,583 | SH | SOLE | 193,583 | 0 | 0 | ||
| FLEETCOR TECHNOLOGIES INC | COM | 339041105 | 2,428 | 9,294 | SH | SOLE | 9,294 | 0 | 0 | ||
| FRONTDOOR INC | COM | 35905A109 | 3,035 | 72,441 | SH | SOLE | 72,441 | 0 | 0 | ||
| GALLAGHER ARTHUR J & CO | COM | 363576109 | 38,878 | 261,540 | SH | SOLE | 261,540 | 0 | 0 | ||
| GLOBAL PMTS INC | COM | 37940X102 | 3,879 | 24,615 | SH | SOLE | 24,615 | 0 | 0 | ||
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | 7,905 | 20,910 | SH | SOLE | 20,910 | 0 | 0 | ||
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 | 43,375 | 617,432 | SH | SOLE | 617,432 | 0 | 0 | ||
| HUMANA INC | COM | 444859102 | 15,636 | 40,180 | SH | SOLE | 40,180 | 0 | 0 | ||
| HUNTINGTON BANCSHARES INC | COM | 446150104 | 6,288 | 406,756 | SH | SOLE | 406,756 | 0 | 0 | ||
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 | 10,446 | 167,558 | SH | SOLE | 167,558 | 0 | 0 | ||
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | 13,358 | 116,341 | SH | SOLE | 116,341 | 0 | 0 | ||
| INVESCO LTD | SHS | G491BT108 | 6,171 | 255,955 | SH | SOLE | 255,955 | 0 | 0 | ||
| JONES LANG LASALLE INC | COM | 48020Q107 | 13,224 | 53,302 | SH | SOLE | 53,302 | 0 | 0 | ||
| KKR & CO INC | COM | 48251W104 | 34,656 | 569,253 | SH | SOLE | 569,253 | 0 | 0 | ||
| LINCOLN NATL CORP IND | COM | 534187109 | 9,091 | 132,238 | SH | SOLE | 132,238 | 0 | 0 | ||
| LOWES COS INC | COM | 548661107 | 13,778 | 67,919 | SH | SOLE | 67,919 | 0 | 0 | ||
| M & T BK CORP | COM | 55261F104 | 38,829 | 260,003 | SH | SOLE | 260,003 | 0 | 0 | ||
| MARKEL CORP | COM | 570535104 | 15,312 | 12,812 | SH | SOLE | 12,812 | 0 | 0 | ||
| MARKETAXESS HLDGS INC | COM | 57060D108 | 4,139 | 9,838 | SH | SOLE | 9,838 | 0 | 0 | ||
| MASTERCARD INCORPORATED | CL A | 57636Q104 | 45,840 | 131,845 | SH | SOLE | 131,845 | 0 | 0 | ||
| MOELIS & CO | CL A | 60786M105 | 2,338 | 37,787 | SH | SOLE | 37,787 | 0 | 0 | ||
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 | 39,343 | 610,918 | SH | SOLE | 610,918 | 0 | 0 | ||
| PULTE GROUP INC | COM | 745867101 | 60,498 | 1,317,464 | SH | SOLE | 1,317,464 | 0 | 0 | ||
| RADIAN GROUP INC | COM | 750236101 | 1,790 | 78,805 | SH | SOLE | 78,805 | 0 | 0 | ||
| RAYMOND JAMES FINL INC | COM | 754730109 | 25,936 | 281,060 | SH | SOLE | 281,060 | 0 | 0 | ||
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 | 14,017 | 125,986 | SH | SOLE | 125,986 | 0 | 0 | ||
| S&P GLOBAL INC | COM | 78409V104 | 10,018 | 23,579 | SH | SOLE | 23,579 | 0 | 0 | ||
| SEI INVTS CO | COM | 784117103 | 9,353 | 157,717 | SH | SOLE | 157,717 | 0 | 0 | ||
| SS&C TECHNOLOGIES HLDGS INC | COM | 78467J100 | 18,604 | 268,069 | SH | SOLE | 268,069 | 0 | 0 | ||
| STATE STR CORP | COM | 857477103 | 79,450 | 937,800 | SH | SOLE | 937,800 | 0 | 0 | ||
| THOMSON REUTERS CORP. | COM NEW | 884903709 | 4,054 | 36,693 | SH | SOLE | 36,693 | 0 | 0 | ||
| TOLL BROTHERS INC | COM | 889478103 | 7,119 | 128,751 | SH | SOLE | 128,751 | 0 | 0 | ||
| TRANSUNION | COM | 89400J107 | 6,711 | 59,753 | SH | SOLE | 59,753 | 0 | 0 | ||
| TRUIST FINL CORP | COM | 89832Q109 | 38,172 | 650,848 | SH | SOLE | 650,848 | 0 | 0 | ||
| UNUM GROUP | COM | 91529Y106 | 13,519 | 539,449 | SH | SOLE | 539,449 | 0 | 0 | ||
| US BANCORP DEL | COM NEW | 902973304 | 41,671 | 701,060 | SH | SOLE | 701,060 | 0 | 0 | ||
| UWM HOLDINGS CORPORATION | COM CL A | 91823B109 | 311 | 44,741 | SH | SOLE | 44,741 | 0 | 0 | ||
| VIRTU FINL INC | CL A | 928254101 | 2,112 | 86,453 | SH | SOLE | 86,453 | 0 | 0 | ||
| VOYA FINANCIAL INC | COM | 929089100 | 3,106 | 50,598 | SH | SOLE | 50,598 | 0 | 0 | ||
| WELLS FARGO CO NEW | COM | 949746101 | 26,690 | 575,084 | SH | SOLE | 575,084 | 0 | 0 | ||
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 | 39,738 | 170,945 | SH | SOLE | 170,945 | 0 | 0 | ||
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 | 2,296 | 26,051 | SH | SOLE | 26,051 | 0 | 0 | ||
| ZIONS BANCORPORATION N A | COM | 989701107 | 4,055 | 65,526 | SH | SOLE | 65,526 | 0 | 0 | ||