Holdings
| Level 3 Communications Inc. | $2.08B | 11.3% | 45,435,959 | −1,669,528 | −3.5% | Reduced |
| FDX FEDEX CORP | $1.51B | 8.3% | 9,383,238 | −3,028,997 | −24.4% | Reduced |
| CHKEUR CHESAPEAKE ENERGY CORP | $1.44B | 7.9% | 62,800,076 | −1,504,440 | −2.3% | Reduced |
| L LOEWS CORP | $1.44B | 7.9% | 34,614,204 | −685,890 | −1.9% | Reduced |
| MDLZ MONDELEZ INTERNATIONAL INC-A | $1.05B | 5.7% | 30,642,426 | −1,021,932 | −3.2% | Reduced |
| TRV TRAVELERS COS INC | $849.0M | 4.6% | 9,037,948 | −228,793 | −2.5% | Reduced |
| CONSOL Energy Inc. | $845.7M | 4.6% | 22,336,305 | −378,235 | −1.7% | Reduced |
| MUR MURPHY OIL CORP | $805.0M | 4.4% | 14,145,136 | −337,822 | −2.3% | Reduced |
| Aon PLC | $749.7M | 4.1% | 8,550,838 | −618,990 | −6.8% | Reduced |
| MCD MCDONALD'S CORP | $687.6M | 3.8% | 7,252,618 | +7,252,618 | — | New |
| SNI SCRIPPS NETWORKS INTER-CL A | $660.7M | 3.6% | 8,460,831 | +5,677,582 | +204.0% | Added |
| BNY BANK OF NEW YORK MELLON CORP | $640.4M | 3.5% | 16,535,281 | −18,010,858 | −52.1% | Reduced |
| tw telecom inc. | $623.2M | 3.4% | 14,977,510 | −223,834 | −1.5% | Reduced |
| PHG KONINKLIJKE PHILIPS NVR- NY | $586.2M | 3.2% | 18,486,808 | +2,670,756 | +16.9% | Added |
| EG EVEREST GROUP LTD | $584.5M | 3.2% | 3,607,658 | −582,962 | −13.9% | Reduced |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | $580.4M | 3.2% | 4,201,482 | −100,647 | −2.3% | Reduced |
| ABT ABBOTT LABORATORIES | $519.2M | 2.8% | 12,483,566 | −1,204,311 | −8.8% | Reduced |
| GHC GRAHAM HOLDINGS CO-CLASS B | $487.5M | 2.7% | 696,881 | +95,509 | +15.9% | Added |
| NWS NEWS CORP - CLASS B | $409.0M | 2.2% | 25,356,215 | −627,412 | −2.4% | Reduced |
| NWSA NEWS CORP - CLASS A | $262.5M | 1.4% | 16,054,798 | −155,732 | −1.0% | Reduced |
| RYN RAYONIER INC | $240.6M | 1.3% | 7,726,521 | +6,384,621 | +475.8% | Added |
| CNH CNH INDUSTRIAL NV | $230.4M | 1.3% | 29,049,995 | +29,049,995 | — | New |
| MTN VAIL RESORTS INC | $221.3M | 1.2% | 2,551,173 | −5,685 | −0.2% | Reduced |
| VOD VODAFONE GROUP PLC-SP ADR | $202.5M | 1.1% | 6,156,294 | +5,086,556 | +475.5% | Added |
| ESRT EMPIRE STATE REALTY TRUST-A | $186.5M | 1.0% | 12,415,753 | — | — | Held |
| VSAT VIASAT INC | $170.8M | 0.9% | 3,099,559 | +2,414,731 | +352.6% | Added |
| DreamWorks Animation SKG Inc. | $132.2M | 0.7% | 4,847,364 | +4,847,364 | — | New |
| BEN FRANKLIN TEMPLETON INC | $110.3M | 0.6% | 2,020,049 | +2,020,049 | — | New |
| Deltic Timber Corp | $13.1M | 0.1% | 210,694 | +210,694 | — | New |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | $1.4M | 0.0% | 7 | — | — | Held |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| Texas Industries Inc. | 3,059,870 | $282.6M |
| DIN DINE BRANDS GLOBAL INC | 213,000 | $16.9M |
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.