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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | ST JOE CO | $1.21B | 19210167 | 79.67% |
| 2 | ENTERPRISE PRODS PARTNERS L | $206.4M | 5455800 | 13.63% |
| 3 | BANK OZK | $42.3M | 921252 | 2.79% |
| 4 | BERKSHIRE HATHAWAY INC DEL | $24.2M | 50452 | 1.60% |
| 5 | WR BERKLEY CORP | $17.0M | 256350 | 1.12% |
| 6 | PROGRESSIVE CORP | $13.2M | 66400 | 0.87% |
| 7 | KRAFT HEINZ CO | $2.4M | 105300 | 0.16% |
| 8 | BERKSHIRE HATHAWAY INC DEL | $1.4M | 2 | 0.09% |
| 9 | APPLE INC | $609K | 2400 | 0.04% |
| 10 | HOME BANCSHARES INC | $326K | 12100 | 0.02% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.