Holdings
| WFC WELLS FARGO & CO | $21.04B | 20.1% | 463,458,123 | +326,500 | +0.1% | Added |
| KO COCA-COLA CO | $16.52B | 15.8% | 400,000,000 | — | — | Held |
| AXP AMERICAN EXPRESS CO | $13.76B | 13.1% | 151,610,700 | — | — | Held |
| IBM INTL BUSINESS MACHINES CORP | $12.78B | 12.2% | 68,121,984 | — | — | Held |
| PG PROCTER & GAMBLE CO | $4.30B | 4.1% | 52,793,078 | — | — | Held |
| EXMOC EXXON MOBIL CORP | $4.16B | 4.0% | 41,129,643 | +1,040,272 | +2.6% | Added |
| WMT WALMART INC | $3.89B | 3.7% | 49,483,733 | +236,498 | +0.5% | Added |
| USB US BANCORP | $3.20B | 3.1% | 79,320,901 | +203,400 | +0.3% | Added |
| DIRECTV | $2.52B | 2.4% | 36,514,700 | — | — | Held |
| DVA DAVITA INC | $2.31B | 2.2% | 36,461,294 | +5,014,464 | +15.9% | Added |
| GS GOLDMAN SACHS GROUP INC | $2.24B | 2.1% | 12,631,531 | +12,631,531 | — | New |
| PSX PHILLIPS 66 | $2.10B | 2.0% | 27,163,918 | — | — | Held |
| MCO MOODY'S CORP | $1.94B | 1.8% | 24,669,778 | −252,400 | −1.0% | Reduced |
| GM GENERAL MOTORS CO | $1.63B | 1.6% | 40,000,000 | — | — | Held |
| GHC GRAHAM HOLDINGS CO-CLASS B | $1.15B | 1.1% | 1,727,765 | +1,727,765 | — | New |
| U S G CORP | $990.2M | 0.9% | 34,890,174 | +17,817,982 | +104.4% | Added |
| BNY BANK OF NEW YORK MELLON CORP | $861.4M | 0.8% | 24,652,836 | — | — | Held |
| CHICAGO BRIDGE & IRON CO N V | $794.0M | 0.8% | 9,550,755 | — | — | Held |
| COP CONOCOPHILLIPS | $782.8M | 0.7% | 11,079,958 | −2,449,312 | −18.1% | Reduced |
| LIBERTY MEDIA CORP DELAWARE | $775.3M | 0.7% | 5,300,000 | −322,340 | −5.7% | Reduced |
| NOVEUR NATIONAL OILWELL VARCO INC | $706.2M | 0.7% | 8,880,000 | — | — | Held |
| VIAB VIACOM INC-CLASS B | $664.4M | 0.6% | 7,607,200 | — | — | Held |
| VRSN VERISIGN INC | $655.3M | 0.6% | 10,961,520 | — | — | Held |
| MTB M & T BANK CORP | $626.6M | 0.6% | 5,382,040 | — | — | Held |
| PRECISION CASTPARTS CORP | $532.5M | 0.5% | 1,977,336 | — | — | Held |
| COST COSTCO WHOLESALE CORP | $515.8M | 0.5% | 4,333,363 | — | — | Held |
| SU SUNCOR ENERGY INC | $455.6M | 0.4% | 13,000,000 | −5,009,957 | −27.8% | Reduced |
| WBC1EUR WABCO HOLDINGS INC | $380.8M | 0.4% | 4,076,325 | — | — | Held |
| DE DEERE & CO | $363.4M | 0.3% | 3,978,767 | — | — | Held |
| V VISA INC-CLASS A SHARES | $346.4M | 0.3% | 1,555,459 | — | — | Held |
| MA MASTERCARD INC - A | $338.4M | 0.3% | 405,000 | — | — | Held |
| TMK TORCHMARK CORP | $331.0M | 0.3% | 4,235,818 | — | — | Held |
| GENERAL ELECTRIC CO | $296.7M | 0.3% | 10,585,502 | +9,996,602 | +1697.5% | Added |
| LBTYAUSD LIBERTY GLOBAL PLC-A | $262.4M | 0.3% | 2,948,285 | +2,948,285 | — | New |
| SNY SANOFI-ADR | $209.5M | 0.2% | 3,905,875 | — | — | Held |
| STARZ | $132.8M | 0.1% | 4,541,881 | −1,080,459 | −19.2% | Reduced |
| MEDIA GEN INC | $105.0M | 0.1% | 4,646,220 | — | — | Held |
| VRSK VERISK ANALYTICS INC | $102.7M | 0.1% | 1,563,434 | — | — | Held |
| JNJ JOHNSON & JOHNSON | $30.0M | 0.0% | 327,100 | — | — | Held |
| MDLZ MONDELEZ INTERNATIONAL INC-A | $20.4M | 0.0% | 578,000 | — | — | Held |
| KRAFT FOODS GROUP INC | $10.4M | 0.0% | 192,666 | — | — | Held |
| UPS UNITED PARCEL SERVICE-CL B | $6.2M | 0.0% | 59,400 | — | — | Held |
| LEE1EUR LEE ENTERPRISES | $308K | 0.0% | 88,863 | — | — | Held |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| WASHINGTON POST CO | 1,727,765 | $1.06B |
| DISH DISH NETWORK CORP-A | 547,312 | $24.6M |
| GLAXOSMITHKLINE PLC | 345,819 | $17.4M |
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.