Holdings
| Level 3 Communications Inc. | $2.21B | 14.8% | 41,881,212 | −3,356,908 | −7.4% | Reduced |
| L LOEWS CORP | $1.14B | 7.6% | 29,518,033 | −4,128,682 | −12.3% | Reduced |
| Aon PLC | $1.10B | 7.3% | 11,008,360 | +3,539,597 | +47.4% | Added |
| CONSOL Energy Inc. | $972.8M | 6.5% | 44,747,040 | −202,731 | −0.5% | Reduced |
| MCD MCDONALD'S CORP | $938.3M | 6.3% | 9,869,707 | −984,067 | −9.1% | Reduced |
| FDX FEDEX CORP | $874.6M | 5.9% | 5,132,638 | −292,284 | −5.4% | Reduced |
| SNI SCRIPPS NETWORKS INTER-CL A | $866.3M | 5.8% | 13,251,946 | +834,126 | +6.7% | Added |
| GHC GRAHAM HOLDINGS CO-CLASS B | $727.4M | 4.9% | 676,622 | −15,489 | −2.2% | Reduced |
| Google Inc. CL C | $703.8M | 4.7% | 1,352,064 | +438,557 | +48.0% | Added |
| WYNN WYNN RESORTS LTD | $701.8M | 4.7% | 7,112,805 | +2,538,967 | +55.5% | Added |
| CHKEUR CHESAPEAKE ENERGY CORP | $675.7M | 4.5% | 60,488,573 | −3,711,904 | −5.8% | Reduced |
| MUR MURPHY OIL CORP | $621.5M | 4.2% | 14,950,024 | −809,257 | −5.1% | Reduced |
| EG EVEREST GROUP LTD | $577.5M | 3.9% | 3,172,859 | −154,116 | −4.6% | Reduced |
| DreamWorks Animation SKG Inc. | $434.0M | 2.9% | 16,450,261 | +547,086 | +3.4% | Added |
| BEN FRANKLIN TEMPLETON INC | $403.5M | 2.7% | 8,230,490 | −248,903 | −2.9% | Reduced |
| CNH CNH INDUSTRIAL NV | $383.1M | 2.6% | 41,277,595 | −2,010,365 | −4.6% | Reduced |
| PHG KONINKLIJKE PHILIPS NVR- NY | $331.6M | 2.2% | 13,023,500 | −3,918,693 | −23.1% | Reduced |
| MTN VAIL RESORTS INC | $260.7M | 1.7% | 2,387,058 | — | — | Held |
| RYN RAYONIER INC | $220.5M | 1.5% | 8,629,721 | +855,000 | +11.0% | Added |
| VSAT VIASAT INC | $209.8M | 1.4% | 3,481,237 | — | — | Held |
| HFCUSD HOLLYFRONTIER CORP | $144.7M | 1.0% | 3,389,700 | — | — | Held |
| Chemtura Corporation | $136.6M | 0.9% | 4,825,900 | — | — | Held |
| Deltic Timber Corp | $88.1M | 0.6% | 1,303,100 | +866,100 | +198.2% | Added |
| California Resources Corporati | $81.8M | 0.5% | 13,542,619 | −13,200,384 | −49.4% | Reduced |
| ESRT EMPIRE STATE REALTY TRUST-A | $64.6M | 0.4% | 3,788,979 | −621,703 | −14.1% | Reduced |
| Triangle Petroleum Corp. | $51.2M | 0.3% | 10,206,890 | +4,465,154 | +77.8% | Added |
| DOEUR DIAMOND OFFSHORE DRILLING | $33.6M | 0.2% | 1,300,896 | — | — | Held |
| NOG1EUR NORTHERN OIL AND GAS INC | $5.9M | 0.0% | 871,500 | −1,485,654 | −63.0% | Reduced |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| BNY BANK OF NEW YORK MELLON CORP | 7,215,441 | $290.4M |
| MDLZ MONDELEZ INTERNATIONAL INC-A | 1,263,602 | $45.6M |
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.