Instuitional Investor - St. James Investment Company, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Goldman Sachs Etf Tr		1,653,867	$165,700,935	25.95%
2.	Berkshire Hathaway Inc	BRK-B	141,193	$67,659,686	10.6%
3.	Franco Nevada Corp	FNV	214,209	$52,920,333	8.29%
4.	Loews Corp	L	453,634	$48,420,893	7.58%
5.	The Unilever Group	UL	567,404	$32,325,006	5.06%