Top 10 Holdings as of 3/31/2019 (%)
| % of Net Assets | |
|---|---|
| Berkshire Hathaway, Inc. - Class B (BRK/B) | 4.31 |
| Protective Insurance Corp. - Class B (PTVCB) | 3.30 |
| Dollar Tree, Inc. (DLTR) | 3.13 |
| Vistra Energy Corp. (VST) | 2.99 |
| AmerisourceBergen Corp. (ABC) | 2.88 |
| % of Net Assets | |
|---|---|
| Cabot Oil & Gas (COG) | 2.79 |
| The Madison Square Garden Co. - Class A (MSG) | 2.78 |
| The Cheesecake Factory, Inc. (CAKE) | 2.59 |
| FRP Holdings, Inc. (FRPH) | 2.57 |
| Carrols Restaurant Group, Inc., 01/01/2022, 8.000% | 2.45 |
Sector Allocation as of 03/31/19 (%)
| % of Net Assets | |
|---|---|
| Consumer Discretionary | 34.0 |
| Financials | 17.8 |
| Industrials | 12.6 |
| Information Technology | 7.6 |
| Real Estate | 6.7 |
| Utilities | 4.9 |
| Cash & Cash Equivalents | 4.5 |
| Healthcare | 4.2 |
| Energy | 4.1 |
| Consumer Staples | 1.9 |
| Communication Services | 1.4 |
| Currency Derivatives | 0.3 |
Asset Allocation as of 03/31/19 (%)
| % of Net Assets | |
|---|---|
| Common Stocks | 63.3 |
| Corporate Bonds | 28.1 |
| Cash and Cash Equivalents | 4.5 |
| Convertible Bonds | 3.8 |
| Currency Derivatives | 0.3 |
Portfolio Characteristics as of 03/31/19
Median Market Cap
$2.6B
Portfolio Price/Earnings
17.05X
Portfolio Price/Book
2.29X
Standard Deviation
12.84
Beta
0.52