Holdings
| Level 3 Communications Inc. | $2.44B | 15.3% | 45,238,120 | −9,496,925 | −17.4% | Reduced |
| L LOEWS CORP | $1.37B | 8.6% | 33,646,715 | −365,983 | −1.1% | Reduced |
| CONSOL Energy Inc. | $1.25B | 7.9% | 44,949,771 | +12,191,212 | +37.2% | Added |
| MCD MCDONALD'S CORP | $1.06B | 6.6% | 10,853,774 | −1,063,910 | −8.9% | Reduced |
| CHKEUR CHESAPEAKE ENERGY CORP | $909.1M | 5.7% | 64,200,477 | −9,667,590 | −13.1% | Reduced |
| FDX FEDEX CORP | $897.6M | 5.6% | 5,424,922 | −439,503 | −7.5% | Reduced |
| SNI SCRIPPS NETWORKS INTER-CL A | $851.4M | 5.3% | 12,417,820 | −258,025 | −2.0% | Reduced |
| MUR MURPHY OIL CORP | $734.4M | 4.6% | 15,759,281 | −864,232 | −5.2% | Reduced |
| GHC GRAHAM HOLDINGS CO-CLASS B | $726.5M | 4.6% | 692,111 | −42,758 | −5.8% | Reduced |
| Aon PLC | $717.9M | 4.5% | 7,468,763 | −704,813 | −8.6% | Reduced |
| EG EVEREST GROUP LTD | $578.9M | 3.6% | 3,326,975 | −237,780 | −6.7% | Reduced |
| WYNN WYNN RESORTS LTD | $575.8M | 3.6% | 4,573,838 | +4,573,838 | — | New |
| Google Inc. CL C | $500.6M | 3.1% | 913,507 | +913,507 | — | New |
| PHG KONINKLIJKE PHILIPS NVR- NY | $480.1M | 3.0% | 16,942,193 | −1,346,917 | −7.4% | Reduced |
| BEN FRANKLIN TEMPLETON INC | $435.2M | 2.7% | 8,479,393 | −275,993 | −3.2% | Reduced |
| DreamWorks Animation SKG Inc. | $384.9M | 2.4% | 15,903,175 | +6,441,798 | +68.1% | Added |
| CNH CNH INDUSTRIAL NV | $353.2M | 2.2% | 43,287,960 | +5,310,274 | +14.0% | Added |
| BNY BANK OF NEW YORK MELLON CORP | $290.4M | 1.8% | 7,215,441 | −500,242 | −6.5% | Reduced |
| MTN VAIL RESORTS INC | $246.9M | 1.5% | 2,387,058 | −3,729 | −0.2% | Reduced |
| RYN RAYONIER INC | $209.6M | 1.3% | 7,774,721 | — | — | Held |
| VSAT VIASAT INC | $207.5M | 1.3% | 3,481,237 | — | — | Held |
| California Resources Corporati | $203.5M | 1.3% | 26,743,003 | −6,738,497 | −20.1% | Reduced |
| HFCUSD HOLLYFRONTIER CORP | $136.5M | 0.9% | 3,389,700 | +3,389,700 | — | New |
| Chemtura Corporation | $131.7M | 0.8% | 4,825,900 | +705,381 | +17.1% | Added |
| ESRT EMPIRE STATE REALTY TRUST-A | $83.0M | 0.5% | 4,410,682 | −5,662,018 | −56.2% | Reduced |
| MDLZ MONDELEZ INTERNATIONAL INC-A | $45.6M | 0.3% | 1,263,602 | −25,477,579 | −95.3% | Reduced |
| DOEUR DIAMOND OFFSHORE DRILLING | $34.9M | 0.2% | 1,300,896 | +1,300,896 | — | New |
| Deltic Timber Corp | $29.0M | 0.2% | 437,000 | +147,620 | +51.0% | Added |
| Triangle Petroleum Corp. | $28.9M | 0.2% | 5,741,736 | +5,741,736 | — | New |
| NOG1EUR NORTHERN OIL AND GAS INC | $18.2M | 0.1% | 2,357,154 | +2,357,154 | — | New |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| ABT ABBOTT LABORATORIES | 8,977,941 | $404.2M |
| TRV TRAVELERS COS INC | 3,677,258 | $389.2M |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | 16,800 | $2.5M |
| MLCO MELCO RESORTS & ENTERT-ADR | 68,900 | $1.8M |
Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.