| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 3,400 | 3,400 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BBH LTD DURATION FD CL N | 173,791 | 175,285 |
| COMCAST CORP CL A | 1,012 | 5,873 |
| DISCOVERY COMMUNICATIONS | ||
| DIAGEO PLC - SPONS ADR | 5,263 | 8,434 |
| NESTLE S A SPONS ADR | 1,671 | 8,108 |
| PERRIGO CO PLC | ||
| UNILEVER N V-NY SHS | ||
| SABRE CORP | ||
| BERKSHIRE HATHAWAY INC-CL B | 4,622 | 22,234 |
| ALPS SERIES TR CLARKSTON | ||
| U S BANCORP | ||
| WELLS FARGO & CO | ||
| LONGLEAF PARTNERS SM CAP FD | ||
| DENTSPLY SIRONA INC | ||
| ALPHABET INC | 3,767 | 32,582 |
| NOVARTIS AG - ADR | ||
| HENRY SCHEIN INC | ||
| ZOETIS INC | ||
| WASTE MANAGEMENT INC | 1,998 | 8,126 |
| ORACLE CORP | 6,394 | 14,011 |
| QUALCOMM INC | ||
| CELANESE CORP SERIES A | 2,676 | 9,854 |
| PRAXAIR INC | ||
| BBH INTL EQUITY FD CL N | 151,144 | 230,324 |
| FLEETCOR TECHNOLOGIES | ||
| PAYPAL HOLDINGS | ||
| LIBERTY GLOBAL PLC | ||
| NIELSEN HLDGS PLC | ||
| QURATE RETAIL INC | ||
| KROGER CO COM STK | ||
| ALLEGION PLC-COM STK | ||
| GQG PART EMERG MKTS | 46,500 | 70,049 |
| SELECT VALUE REAL ESTATE | ||
| BBH INCOME FUND I | 172,520 | 183,737 |
| BROWN-FORMAN CORP CLASS B | 5,715 | 9,368 |
| DOLLAR GENERAL CORP | 3,484 | 7,574 |
| COLGATE PALMOLIVE CO | 7,632 | 9,843 |
| COSTCO WHOLESALE CORP | 6,641 | 11,079 |
| ALCON INC | 10,974 | 16,230 |
| COPART INC COM STK | 6,052 | 16,083 |
| KLA CORP | 1,753 | 5,836 |
| MASTERCARD INC | ||
| LINDE PLC COM STK | 9,480 | 16,768 |
| ARKE FOCUS FUND-SUPRA INST | 70,000 | 86,995 |
| BOOKING HOLDINGS INC COM STK | 3,591 | 4,376 |
| NIKE CL B | 6,957 | 13,595 |
| ARTHUR J GALLAGHER & CO | 13,177 | 20,312 |
| PROGRESSIVE CORP OH | 8,452 | 11,294 |
| BAXTER INTL INC | 7,897 | 8,453 |
| AO SMITH CORP COMS STK | 6,497 | 10,521 |
| MASTERCARD INC | 13,184 | 18,985 |
| AMAZON.COM INC | 12,474 | 13,761 |
| SHERWIN WILLIAMS CO | 7,170 | 8,174 |
| STARBUCKS CORP | 7,200 | 8,721 |
| S&P GLOBAL INC COM STK | 7,605 | 9,030 |
| ABBOTT LABORATORIES | 9,833 | 9,274 |
| THERMO FISHER SCIENTFIC INC | 8,385 | 9,585 |
| ZOETIC INC COM STK | 3,344 | 21,431 |
| GRACO INC COMMON STOCK | 7,390 | 7,949 |
| VISA INC CLASS A SHARES | 5,821 | 7,015 |
| CLARKSTON SERIES TRUST | 110,000 | 169,337 |
| Description | Amount |
|---|---|
| ROUNDING ADJ | 5 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSE (NON-DEDUCTIBLE | 3 | 3 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUSTODIAN & MANAGEMENT FEES (A | 1,160 | 1,160 | ||
| INVESTMNT MNGMNT FEES (NON-DED | 3,520 | 3,520 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | 264 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 1,260 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 225 | 225 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 94 | 94 | 0 |