Holdings
| WFC WELLS FARGO & CO | $19.14B | 20.8% | 463,131,623 | — | — | Held |
| KO COCA-COLA CO | $15.15B | 16.5% | 400,000,000 | — | — | Held |
| IBM INTL BUSINESS MACHINES CORP | $12.61B | 13.7% | 68,121,984 | — | — | Held |
| AXP AMERICAN EXPRESS CO | $11.45B | 12.4% | 151,610,700 | — | — | Held |
| PG PROCTER & GAMBLE CO | $3.99B | 4.3% | 52,793,078 | — | — | Held |
| WMT WALMART INC | $3.64B | 4.0% | 49,247,235 | — | — | Held |
| EXMOC EXXON MOBIL CORP | $3.45B | 3.7% | 40,089,371 | +8,845,261 | +28.3% | Added |
| USB US BANCORP | $2.89B | 3.1% | 79,117,501 | +840,200 | +1.1% | Added |
| DIRECTV | $2.18B | 2.4% | 36,514,700 | −760,700 | −2.0% | Reduced |
| DVA DAVITA INC | $1.79B | 1.9% | 31,446,830 | +16,472,924 | +110.0% | Added |
| MCO MOODY'S CORP | $1.75B | 1.9% | 24,922,178 | — | — | Held |
| PSX PHILLIPS 66 | $1.57B | 1.7% | 27,163,918 | — | — | Held |
| GM GENERAL MOTORS CO | $1.44B | 1.6% | 40,000,000 | — | — | Held |
| WASHINGTON POST CO | $1.06B | 1.1% | 1,727,765 | — | — | Held |
| COP CONOCOPHILLIPS | $940.4M | 1.0% | 13,529,270 | −10,594,641 | −43.9% | Reduced |
| LIBERTY MEDIA CORP DELAWARE | $827.3M | 0.9% | 5,622,340 | — | — | Held |
| BNY BANK OF NEW YORK MELLON CORP | $744.3M | 0.8% | 24,652,836 | +8,807 | +0.0% | Added |
| NOVEUR NATIONAL OILWELL VARCO INC | $693.6M | 0.8% | 8,880,000 | — | — | Held |
| CHICAGO BRIDGE & IRON CO N V | $647.3M | 0.7% | 9,550,755 | — | — | Held |
| SU SUNCOR ENERGY INC | $644.4M | 0.7% | 18,009,957 | +240,500 | +1.4% | Added |
| VIAB VIACOM INC-CLASS B | $635.8M | 0.7% | 7,607,200 | — | — | Held |
| MTB M & T BANK CORP | $602.4M | 0.7% | 5,382,040 | — | — | Held |
| VRSN VERISIGN INC | $557.8M | 0.6% | 10,961,520 | +64,100 | +0.6% | Added |
| COST COSTCO WHOLESALE CORP | $499.1M | 0.5% | 4,333,363 | — | — | Held |
| U S G CORP | $487.9M | 0.5% | 17,072,192 | — | — | Held |
| PRECISION CASTPARTS CORP | $449.3M | 0.5% | 1,977,336 | — | — | Held |
| WBC1EUR WABCO HOLDINGS INC | $343.5M | 0.4% | 4,076,325 | — | — | Held |
| DE DEERE & CO | $323.8M | 0.4% | 3,978,767 | — | — | Held |
| TMK TORCHMARK CORP | $306.5M | 0.3% | 4,235,818 | — | — | Held |
| V VISA INC-CLASS A SHARES | $297.2M | 0.3% | 1,555,459 | — | — | Held |
| MA MASTERCARD INC - A | $272.5M | 0.3% | 405,000 | — | — | Held |
| SNY SANOFI-ADR | $197.8M | 0.2% | 3,905,875 | −157,800 | −3.9% | Reduced |
| STARZ | $158.2M | 0.2% | 5,622,340 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $101.6M | 0.1% | 1,563,434 | — | — | Held |
| MEDIA GEN INC | $66.3M | 0.1% | 4,646,220 | — | — | Held |
| JNJ JOHNSON & JOHNSON | $28.4M | 0.0% | 327,100 | — | — | Held |
| DISH DISH NETWORK CORP-A | $24.6M | 0.0% | 547,312 | — | — | Held |
| MDLZ MONDELEZ INTERNATIONAL INC-A | $18.2M | 0.0% | 578,000 | — | — | Held |
| GLAXOSMITHKLINE PLC | $17.4M | 0.0% | 345,819 | −1,130,202 | −76.6% | Reduced |
| GENERAL ELECTRIC CO | $14.1M | 0.0% | 588,900 | — | — | Held |
| KRAFT FOODS GROUP INC | $10.1M | 0.0% | 192,666 | — | — | Held |
| UPS UNITED PARCEL SERVICE-CL B | $5.4M | 0.0% | 59,400 | — | — | Held |
| LEE1EUR LEE ENTERPRISES | $235K | 0.0% | 88,863 | — | — | Held |
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.