Holdings
| WFC WELLS FARGO & CO | $24.04B | 22.2% | 463,458,123 | — | — | Held |
| KO COCA-COLA CO | $17.06B | 15.7% | 400,000,000 | — | — | Held |
| IBM INTL BUSINESS MACHINES CORP | $13.38B | 12.3% | 70,478,012 | +304,034 | +0.4% | Added |
| AXP AMERICAN EXPRESS CO | $13.27B | 12.2% | 151,610,700 | — | — | Held |
| WMT WALMART INC | $4.62B | 4.3% | 60,385,293 | +1,588,034 | +2.7% | Added |
| PG PROCTER & GAMBLE CO | $4.42B | 4.1% | 52,793,078 | — | — | Held |
| EXMOC EXXON MOBIL CORP | $3.87B | 3.6% | 41,129,643 | — | — | Held |
| USB US BANCORP | $3.35B | 3.1% | 80,094,497 | — | — | Held |
| DVA DAVITA INC | $2.75B | 2.5% | 37,621,152 | — | — | Held |
| DIRECTV | $2.60B | 2.4% | 30,000,000 | +6,532,005 | +27.8% | Added |
| MCO MOODY'S CORP | $2.33B | 2.2% | 24,669,778 | — | — | Held |
| GS GOLDMAN SACHS GROUP INC | $2.32B | 2.1% | 12,631,531 | — | — | Held |
| GM GENERAL MOTORS CO | $1.28B | 1.2% | 40,000,000 | +7,039,944 | +21.4% | Added |
| U S G CORP | $1.07B | 1.0% | 39,002,016 | — | — | Held |
| BNY BANK OF NEW YORK MELLON CORP | $905.4M | 0.8% | 23,377,603 | −1,275,233 | −5.2% | Reduced |
| VZ VERIZON COMMUNICATIONS INC | $749.9M | 0.7% | 15,000,928 | — | — | Held |
| CHARTER COMMUNICATIONS INC D | $749.3M | 0.7% | 4,950,096 | +2,641,083 | +114.4% | Added |
| VRSN VERISIGN INC | $715.7M | 0.7% | 12,985,000 | — | — | Held |
| SU SUNCOR ENERGY INC | $668.0M | 0.6% | 18,477,730 | +2,019,400 | +12.3% | Added |
| MTB M & T BANK CORP | $663.6M | 0.6% | 5,382,040 | — | — | Held |
| DE DEERE & CO | $620.5M | 0.6% | 7,567,397 | +3,588,630 | +90.2% | Added |
| CHICAGO BRIDGE & IRON CO N V | $619.1M | 0.6% | 10,701,110 | — | — | Held |
| VIAB VIACOM INC-CLASS B | $593.1M | 0.5% | 7,708,200 | +101,000 | +1.3% | Added |
| COST COSTCO WHOLESALE CORP | $543.1M | 0.5% | 4,333,363 | — | — | Held |
| PSX PHILLIPS 66 | $504.3M | 0.5% | 6,202,400 | −293,400 | −4.5% | Reduced |
| PRECISION CASTPARTS CORP | $493.2M | 0.5% | 2,082,222 | +205,600 | +11.0% | Added |
| NOVEUR NATIONAL OILWELL VARCO INC | $485.7M | 0.4% | 6,382,360 | −919,918 | −12.6% | Reduced |
| V VISA INC-CLASS A SHARES | $458.0M | 0.4% | 2,146,290 | +346,541 | +19.3% | Added |
| LBTYAUSD LIBERTY GLOBAL PLC-A | $442.5M | 0.4% | 10,401,007 | +534,461 | +5.4% | Added |
| LIBERTY MEDIA CORP DELAWARE | $375.9M | 0.3% | 8,000,000 | +8,000,000 | — | New |
| WBC1EUR WABCO HOLDINGS INC | $370.7M | 0.3% | 4,076,325 | — | — | Held |
| MA MASTERCARD INC - A | $348.6M | 0.3% | 4,715,400 | +665,400 | +16.4% | Added |
| TMK TORCHMARK CORP | $332.7M | 0.3% | 6,353,727 | +2,117,909 | +50.0% | Added |
| LBTYKUSD LIBERTY GLOBAL PLC- C | $301.3M | 0.3% | 7,346,968 | — | — | Held |
| GENERAL ELECTRIC CO | $271.2M | 0.3% | 10,585,502 | — | — | Held |
| SNY SANOFI-ADR | $220.4M | 0.2% | 3,905,875 | — | — | Held |
| LIBERTY MEDIA CORP DELAWARE | $188.7M | 0.2% | 4,000,000 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $95.2M | 0.1% | 1,563,434 | — | — | Held |
| GHC GRAHAM HOLDINGS CO-CLASS B | $75.3M | 0.1% | 107,575 | — | — | Held |
| MEDIA GEN INC | $60.9M | 0.1% | 4,646,220 | — | — | Held |
| DNOW DNOW INC | $55.5M | 0.1% | 1,825,569 | — | — | Held |
| COP CONOCOPHILLIPS | $36.1M | 0.0% | 471,994 | −883,234 | −65.2% | Reduced |
| JNJ JOHNSON & JOHNSON | $34.9M | 0.0% | 327,100 | — | — | Held |
| EXPRESS SCRIPTS HLDG CO | $31.7M | 0.0% | 449,489 | +449,489 | — | New |
| MDLZ MONDELEZ INTERNATIONAL INC-A | $19.8M | 0.0% | 578,000 | — | — | Held |
| KRAFT FOODS GROUP INC | $10.9M | 0.0% | 192,666 | — | — | Held |
| UPS UNITED PARCEL SERVICE-CL B | $5.8M | 0.0% | 59,400 | — | — | Held |
| LEE1EUR LEE ENTERPRISES | $300K | 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.