Holdings
| AAPL APPLE INC | $27.98B | 14.6% | 165,333,962 | +31,241,180 | +23.3% | Added |
| WFC WELLS FARGO & CO | $27.80B | 14.5% | 458,232,268 | −6,000,000 | −1.3% | Reduced |
| KHC KRAFT HEINZ CO | $25.32B | 13.2% | 325,634,818 | — | — | Held |
| BAC BANK OF AMERICA CORP | $20.04B | 10.5% | 679,000,000 | — | — | Held |
| KO COCA-COLA CO | $18.35B | 9.6% | 400,000,000 | — | — | Held |
| AXP AMERICAN EXPRESS CO | $15.06B | 7.9% | 151,610,700 | — | — | Held |
| PSX PHILLIPS 66 | $8.16B | 4.3% | 80,689,892 | — | — | Held |
| USB US BANCORP | $4.66B | 2.4% | 87,058,877 | +1,995,710 | +2.3% | Added |
| MCO MOODY'S CORP | $3.64B | 1.9% | 24,669,778 | — | — | Held |
| BNY BANK OF NEW YORK MELLON CORP | $3.28B | 1.7% | 60,818,783 | +10,589,195 | +21.1% | Added |
| LUV SOUTHWEST AIRLINES CO | $3.12B | 1.6% | 47,659,456 | — | — | Held |
| DAL DELTA AIR LINES INC | $2.97B | 1.6% | 53,110,395 | — | — | Held |
| CHTR CHARTER COMMUNICATIONS INC-A | $2.85B | 1.5% | 8,489,391 | — | — | Held |
| GS GOLDMAN SACHS GROUP INC | $2.79B | 1.5% | 10,959,519 | — | — | Held |
| DVA DAVITA INC | $2.79B | 1.5% | 38,565,570 | — | — | Held |
| AAL AMERICAN AIRLINES GROUP INC | $2.39B | 1.3% | 46,000,000 | −1,000,000 | −2.1% | Reduced |
| GM GENERAL MOTORS CO | $2.05B | 1.1% | 50,000,000 | −10,000,000 | −16.7% | Reduced |
| UAL UNITED AIRLINES HOLDINGS INC | $1.90B | 1.0% | 28,211,563 | — | — | Held |
| U S G CORP | $1.50B | 0.8% | 39,002,016 | — | — | Held |
| VRSN VERISIGN INC | $1.48B | 0.8% | 12,952,745 | — | — | Held |
| MOSANTO CO NEW | $1.37B | 0.7% | 11,708,747 | +2,835,278 | +32.0% | Added |
| LSXMKUSD LIBERTY MEDIA COR-SIRIUSXM C | $1.23B | 0.6% | 31,090,985 | — | — | Held |
| V VISA INC-CLASS A SHARES | $1.20B | 0.6% | 10,562,460 | — | — | Held |
| MTB M & T BANK CORP | $920.3M | 0.5% | 5,382,040 | — | — | Held |
| COST COSTCO WHOLESALE CORP | $806.5M | 0.4% | 4,333,363 | — | — | Held |
| SYF SYNCHRONY FINANCIAL | $803.2M | 0.4% | 20,803,000 | — | — | Held |
| AXTA AXALTA COATING SYSTEMS LTD | $754.8M | 0.4% | 23,324,000 | — | — | Held |
| MA MASTERCARD INC - A | $746.9M | 0.4% | 4,934,756 | — | — | Held |
| SIRIEUR SIRIUS XM HOLDINGS INC | $739.2M | 0.4% | 137,915,729 | — | — | Held |
| LBTYAUSD LIBERTY GLOBAL PLC-A | $723.3M | 0.4% | 20,180,897 | — | — | Held |
| LM03 LIBERTY MEDIA COR-SIRIUSXM A | $589.4M | 0.3% | 14,860,360 | — | — | Held |
| TMK TORCHMARK CORP | $576.3M | 0.3% | 6,353,727 | — | — | Held |
| QSR RESTAURANT BRANDS INTERN | $518.8M | 0.3% | 8,438,225 | — | — | Held |
| S76 STORE CAPITAL CORP | $484.9M | 0.3% | 18,621,674 | — | — | Held |
| TEVA TEVA PHARMACEUTICAL-SP ADR | $357.7M | 0.2% | 18,875,721 | +18,875,721 | — | New |
| IBM INTL BUSINESS MACHINES CORP | $314.2M | 0.2% | 2,048,045 | −34,978,653 | −94.5% | Reduced |
| LBTYKUSD LIBERTY GLOBAL PLC- C | $248.6M | 0.1% | 7,346,968 | — | — | Held |
| SNY SANOFI-ADR | $166.8M | 0.1% | 3,878,524 | −27,351 | −0.7% | Reduced |
| VRSK VERISK ANALYTICS INC | $150.1M | 0.1% | 1,563,434 | — | — | Held |
| WMT WALMART INC | $137.6M | 0.1% | 1,393,513 | — | — | Held |
| GHC GRAHAM HOLDINGS CO-CLASS B | $60.1M | 0.0% | 107,575 | — | — | Held |
| 99998USD LIBERTY GLOBAL PLC LILAC - A | $54.7M | 0.0% | 2,714,854 | — | — | Held |
| JNJ JOHNSON & JOHNSON | $45.7M | 0.0% | 327,100 | — | — | Held |
| PG PROCTER & GAMBLE CO | $29.0M | 0.0% | 315,400 | — | — | Held |
| 1LGEUSD LIBERTY GLOBAL PLC LILAC - C | $25.5M | 0.0% | 1,284,020 | — | — | Held |
| MDLZ MONDELEZ INTERNATIONAL INC-A | $24.7M | 0.0% | 578,000 | — | — | Held |
| UPS UNITED PARCEL SERVICE-CL B | $7.1M | 0.0% | 59,400 | — | — | Held |
| VZ VERIZON COMMUNICATIONS INC | $49K | 0.0% | 928 | — | — | 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.