Instuitional Investor - Pastel & Associes Sa

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Diamond Offshore Drilling Inc.	DO	708,267	$14,165,000	32.34%
2.	Markel Corp	MKL	7,550	$8,973,000	20.48%
3.	Deere & Co	DE	48,350	$7,268,000	16.59%
4.	Loews Corp	L	136,800	$6,871,000	15.68%
5.	Jefferies Financial Group Inc.	JEF	331,744.565,136	$6,521,000	14.88%