Location: San Francisco, CA
CIK: 0000948669 · Show all filings
Period: Q4 2019 (← Previous) (Next →)
Filing Date: Feb 13, 2020
Total Value: $29.7B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corp. | 8,636,218 | $1.362B | 4.6% | $157.70 * | $109.36 | +36.9% | COMMON STOCK | 594918104 |
| DIS | The Walt Disney Co. | 7,031,692 | $1.017B | 3.4% | $144.63 * | $92.95 | +52.0% | COMMON STOCK | 254687106 |
| AXP | American Express Co. | 6,361,131 | $792M | 2.7% | $124.49 * | $82.12 | +39.7% | COMMON STOCK | 025816109 |
| CLX | The Clorox Company | 5,049,429 | $775M | 2.6% | $153.54 * | $104.27 | +23.0% | COMMON STOCK | 189054109 |
| VFC | VF Corp. | 7,715,537 | $769M | 2.6% | $99.66 | $59.23 | +68.3% | COMMON STOCK | 918204108 |
| DHR | Danaher Corp. | 4,843,305 | $743M | 2.5% | $153.48 * | $48.40 | +173.9% | COMMON STOCK | 235851102 |
| VRSK | Verisk Analytics Inc. | 4,929,458 | $736M | 2.5% | $149.34 * | $68.74 | +109.1% | COMMON STOCK | 92345Y106 |
| VZ | Verizon Communications Inc. | 11,856,803 | $728M | 2.5% | $61.40 * | $42.79 | +1.9% | COMMON STOCK | 92343V104 |
| CME | CME Group Inc. | 3,556,924 | $714M | 2.4% | $200.72 * | $148.21 | +8.5% | COMMON STOCK | 12572Q105 |
| GILD | Gilead Sciences Inc. | 10,837,123 | $704M | 2.4% | $64.98 * | $53.26 | -3.2% | COMMON STOCK | 375558103 |
| SYY | Sysco Corp. | 8,159,515 | $698M | 2.3% | $85.54 * | $35.14 | +105.9% | COMMON STOCK | 871829107 |
| — | Linde plc | 3,255,688 | $693M | 2.3% | $212.90 | $156.04 | — | COMMON STOCK | G5494J103 |
| COST | Costco Wholesale Corp. | 2,278,353 | $670M | 2.3% | $293.92 * | $227.26 | +18.2% | COMMON STOCK | 22160K105 |
| BAC | Bank of America Corp. | 18,664,464 | $657M | 2.2% | $35.22 * | $24.69 | +23.1% | COMMON STOCK | 060505104 |
| FDX | FedEx Corp. | 4,175,447 | $631M | 2.1% | $151.21 * | $152.97 | -11.5% | COMMON STOCK | 31428X106 |
| WM | Waste Management Inc. | 5,495,183 | $626M | 2.1% | $113.96 * | $37.86 | +173.0% | COMMON STOCK | 94106L109 |
| CSCO | Cisco Systems Inc. | 13,052,288 | $626M | 2.1% | $47.96 * | $41.48 | -4.1% | COMMON STOCK | 17275R102 |
| CVS | CVS Health Corp. | 8,372,832 | $622M | 2.1% | $74.29 * | $55.08 | +11.2% | COMMON STOCK | 126650100 |
| — | Cerner Corp. | 8,461,629 | $621M | 2.1% | $73.39 | $57.57 | — | COMMON STOCK | 156782104 |
| MA | Mastercard Inc., Class A | 2,062,367 | $616M | 2.1% | $298.59 * | $75.29 | +283.5% | COMMON STOCK | 57636Q104 |
| CDNS | Cadence Design Systems Inc. | 8,562,446 | $594M | 2.0% | $69.36 | $42.46 | +63.3% | COMMON STOCK | 127387108 |
| PPG | PPG Industries Inc. | 4,382,491 | $585M | 2.0% | $133.49 * | $93.02 | +27.7% | COMMON STOCK | 693506107 |
| NVDA | NVIDIA Corp. | 2,475,283 | $582M | 2.0% | $235.30 * | $4.65 | +25.9% | COMMON STOCK | 67066G104 |
| MDLZ | Mondelez International Inc., Class A | 10,479,839 | $577M | 1.9% | $55.08 * | $43.17 | +10.0% | COMMON STOCK | 609207105 |
| PG | The Procter & Gamble Co. | 4,610,417 | $576M | 1.9% | $124.90 * | $65.96 | +63.1% | COMMON STOCK | 742718109 |
| GOOGL | Alphabet Inc., Class A | 422,014 | $565M | 1.9% | $1339.39 * | $36.26 | +83.3% | COMMON STOCK | 02079K305 |
| SCHW | Charles Schwab Corp. | 11,765,612 | $560M | 1.9% | $47.56 * | $28.10 | +55.7% | COMMON STOCK | 808513105 |
| PNR | Pentair plc | 11,733,948 | $538M | 1.8% | $45.87 * | $33.44 | +26.1% | COMMON STOCK | G7S00T104 |
| XYL | Xylem Inc. | 6,748,915 | $532M | 1.8% | $78.79 * | $30.59 | +139.9% | COMMON STOCK | 98419M100 |
| SNPS | Synopsys Inc. | 3,771,849 | $525M | 1.8% | $139.20 | $94.03 | +48.0% | COMMON STOCK | 871607107 |
| TRMB | Trimble Inc. | 11,359,400 | $474M | 1.6% | $41.69 | $40.45 | +3.1% | COMMON STOCK | 896239100 |
| DLR | Digital Realty Trust Inc. | 3,721,788 | $446M | 1.5% | $119.74 * | $88.24 | +10.5% | COMMON STOCK | 253868103 |
| DE | Deere & Co. | 2,419,633 | $419M | 1.4% | $173.26 * | $141.75 | +12.6% | COMMON STOCK | 244199105 |
| CMCSA | Comcast Corp., Class A | 9,286,365 | $418M | 1.4% | $44.97 * | $37.86 | +1.0% | COMMON STOCK | 20030N101 |
| AAPL | Apple Inc. | 1,247,182 | $366M | 1.2% | $293.65 * | $25.19 | +181.2% | COMMON STOCK | 037833100 |
| MU | Micron Technology Inc. | 6,400,000 | $344M | 1.2% | $53.78 * | $26.37 | +99.0% | COMMON STOCK | 595112103 |
| AMAT | Applied Materials Inc. | 5,300,000 | $324M | 1.1% | $61.04 * | $35.26 | +63.6% | COMMON STOCK | 038222105 |
| HOLX | Hologic Inc. | 6,138,625 | $320M | 1.1% | $52.21 | $40.28 | +29.6% | COMMON STOCK | 436440101 |
| AVB | AvalonBay Communities Inc. | 1,453,490 | $305M | 1.0% | $209.70 * | $161.10 | +5.6% | COMMON STOCK | 053484101 |
| PSA | Public Storage | 1,426,584 | $304M | 1.0% | $212.96 * | $155.23 | +6.5% | COMMON STOCK | 74460D109 |
| — | Lam Research Corp. | 900,000 | $263M | 0.9% | $292.40 | $142.80 | — | COMMON STOCK | 512807108 |
| — | Hanesbrands Inc. | 16,488,575 | $245M | 0.8% | $14.85 | $18.80 | — | COMMON STOCK | 410345102 |
| MSI | Motorola Solutions Inc. | 1,384,697 | $223M | 0.8% | $161.14 * | $54.09 | +175.6% | COMMON STOCK | 620076307 |
| USFD | US Foods Holding Corp. | 5,325,261 | $223M | 0.8% | $41.89 | $37.69 | +11.2% | COMMON STOCK | 912008109 |
| SBUX | Starbucks Corp. | 2,229,864 | $196M | 0.7% | $87.92 * | $46.57 | +65.3% | COMMON STOCK | 855244109 |
| TFX | Teleflex Inc. | 515,323 | $194M | 0.7% | $376.44 * | $188.98 | +92.1% | COMMON STOCK | 879369106 |
| IRM | Iron Mountain Inc. | 5,937,855 | $189M | 0.6% | $31.87 * | $19.53 | +21.1% | COMMON STOCK | 46284V101 |
| GAP | The Gap Inc. | 10,300,000 | $182M | 0.6% | $17.68 * | $17.18 | -16.3% | COMMON STOCK | 364760108 |
| XRAY | Dentsply Sirona Inc. | 3,197,571 | $181M | 0.6% | $56.59 | $54.13 | +4.5% | COMMON STOCK | 24906P109 |
| RSG | Republic Services Inc. | 1,888,414 | $169M | 0.6% | $89.63 * | $77.43 | +6.4% | COMMON STOCK | 760759100 |
| JKHY | Jack Henry & Associates Inc. | 1,103,281 | $161M | 0.5% | $145.67 * | $130.12 | +4.1% | COMMON STOCK | 426281101 |
| BURL | Burlington Stores Inc. | 687,813 | $157M | 0.5% | $228.03 | $173.55 | +31.4% | COMMON STOCK | 122017106 |
| PRGO | Perrigo Co. plc | 3,000,000 | $155M | 0.5% | $51.66 | $62.23 | -17.0% | COMMON STOCK | G97822103 |
| FHN | First Horizon National Corp. | 9,329,197 | $154M | 0.5% | $16.56 * | $12.11 | +8.5% | COMMON STOCK | 320517105 |
| CMI | Cummins Inc. | 800,000 | $143M | 0.5% | $178.96 * | $115.65 | +33.3% | COMMON STOCK | 231021106 |
| FTV | Fortive Corp. | 1,791,116 | $137M | 0.5% | $76.39 * | $37.83 | +24.2% | COMMON STOCK | 34959J108 |
| EXPD | Expeditors International of Washington Inc. | 1,695,452 | $132M | 0.4% | $78.02 * | $63.40 | +14.7% | COMMON STOCK | 302130109 |
| PGR | The Progressive Corp. | 1,808,990 | $131M | 0.4% | $72.39 * | $60.08 | -0.9% | COMMON STOCK | 743315103 |
| ALK | Alaska Air Group Inc. | 1,850,000 | $125M | 0.4% | $67.75 | $61.07 | +10.3% | COMMON STOCK | 011659109 |
| IDA | IDACORP Inc. | 1,119,622 | $120M | 0.4% | $106.80 | $106.63 | +0.2% | COMMON STOCK | 451107106 |
| — | The Howard Hughes Corp. | 909,527 | $115M | 0.4% | $126.80 | $126.74 | — | COMMON STOCK | 44267D107 |
| IBM | International Business Machine Corp. | 850,000 | $114M | 0.4% | $134.04 * | $89.57 | +10.5% | COMMON STOCK | 459200101 |
| ACIW | ACI Worldwide Inc. | 2,976,283 | $113M | 0.4% | $37.88 | $29.45 | +28.7% | COMMON STOCK | 004498101 |
| FRCB | First Republic Bank | 910,037 | $107M | 0.4% | $117.45 * | $91.66 | +25.5% | COMMON STOCK | 33616C100 |
| MKC | McCormick & Co. | 619,597 | $105M | 0.4% | $169.73 * | $39.32 | +91.8% | COMMON STOCK | 579780206 |
| SEIC | SEI Investments Co. | 1,536,696 | $101M | 0.3% | $65.48 * | $42.35 | +42.9% | COMMON STOCK | 784117103 |
| ZION | Zions Bancorporation N.A. | 1,929,449 | $100M | 0.3% | $51.92 | $44.74 | +16.1% | COMMON STOCK | 989701107 |
| — | Shaw Communications Inc., Class B | 4,848,742 | $98.38M | 0.3% | $20.29 | $20.16 | — | COMMON STOCK | 82028K200 |
| COLD | Americold Realty Trust | 2,762,278 | $96.84M | 0.3% | $35.06 | $35.06 | — | COMMON STOCK | 03064D108 |
| AXTA | Axalta Coating Systems Ltd. | 3,182,643 | $96.75M | 0.3% | $30.40 | $29.60 | +2.7% | COMMON STOCK | G0750C108 |
| MDU | MDU Resources Group Inc. | 3,117,568 | $92.62M | 0.3% | $29.71 * | $7.41 | +27.8% | COMMON STOCK | 552690109 |
| COF | Capital One Financial Corp. | 825,000 | $84.9M | 0.3% | $102.91 * | $62.05 | +49.6% | COMMON STOCK | 14040H105 |
| GWW | W.W. Grainger Inc. | 250,000 | $84.63M | 0.3% | $338.52 * | $267.22 | +17.7% | COMMON STOCK | 384802104 |
| EBAY | eBay Inc. | 2,301,452 | $83.11M | 0.3% | $36.11 * | $29.62 | +10.1% | COMMON STOCK | 278642103 |
| A | Agilent Technologies Inc. | 900,000 | $76.78M | 0.3% | $85.31 * | $71.14 | +15.2% | COMMON STOCK | 00846U101 |
| NWN | Northwest Natural Holding Co. | 1,010,476 | $74.5M | 0.3% | $73.73 | $66.74 | +10.5% | COMMON STOCK | 66765N105 |
| FAF | First American Financial Corp. | 1,106,058 | $64.5M | 0.2% | $58.32 * | $40.80 | +16.4% | COMMON STOCK | 31847R102 |
| GWRE | Guidewire Software Inc. | 516,137 | $56.66M | 0.2% | $109.77 | $101.38 | +8.3% | COMMON STOCK | 40171V100 |
| REGN | Regeneron Pharmaceuticals Inc. | 145,000 | $54.45M | 0.2% | $375.48 | $351.16 | +6.3% | COMMON STOCK | 75886F107 |
| BFH | Alliance Data Systems Corp. | 427,419 | $47.96M | 0.2% | $112.20 * | $150.20 | -46.4% | COMMON STOCK | 018581108 |
| — | Thomson Reuters Corp. | 557,337 | $39.91M | 0.1% | $71.60 | $48.31 | — | COMMON STOCK | 884903709 |
| ADSK | Autodesk Inc. | 178,270 | $32.7M | 0.1% | $183.46 | $90.51 | +102.7% | COMMON STOCK | 052769106 |
| QCOM | QUALCOMM Inc. | 350,000 | $30.88M | 0.1% | $88.23 * | $46.21 | +67.1% | COMMON STOCK | 747525103 |
| NVS | Novartis AG (ADR) | 287,322 | $27.21M | 0.1% | $94.69 | $69.61 | +36.0% | COMMON STOCK | 66987V109 |
| TMUS | T-Mobile US Inc. | 342,834 | $26.89M | 0.1% | $78.42 * | $58.77 | +28.9% | COMMON STOCK | 872590104 |
| ADBE | Adobe Systems Inc. | 66,219 | $21.84M | 0.1% | $329.81 | $257.77 | +27.9% | COMMON STOCK | 00724F101 |
| ILMN | Illumina Inc. | 64,590 | $21.43M | 0.1% | $331.74 * | $296.39 | +8.9% | COMMON STOCK | 452327109 |
| AL | Air Lease Corp. | 450,589 | $21.41M | 0.1% | $47.52 * | $26.99 | +47.8% | COMMON STOCK | 00912X302 |
| NKE | Nike Inc., Class B | 198,168 | $20.08M | 0.1% | $101.31 * | $77.09 | +21.2% | COMMON STOCK | 654106103 |
| ODFL | Old Dominion Freight Lines Inc. | 99,025 | $18.79M | 0.1% | $189.78 * | $42.89 | +43.5% | COMMON STOCK | 679580100 |
| MORN | Morningstar Inc. | 118,661 | $17.95M | 0.1% | $151.31 | $153.53 | -1.4% | COMMON STOCK | 617700109 |
| IPGP | IPG Photonics Corp. | 70,000 | $10.14M | 0.0% | $144.91 | $159.24 | -9.0% | COMMON STOCK | 44980X109 |
| — | Arista Networks Inc. | 37,500 | $7.628M | 0.0% | $203.41 | $238.92 | — | COMMON STOCK | 040413106 |
| — | Public Storage 5.15 percent, due 06/02/2022 | 91,127 | $2.371M | 0.0% | $26.02 | $25.04 | — | PREFERRED STOCK | 74460W685 |
| — | Bank of America 5.00 percent, due 09/17/2024 | 53,847 | $1.41M | 0.0% | $26.19 | $26.19 | — | PREFERRED STOCK | 06055H202 |
| — | Digital Realty Trust Inc. 5.20 percent, due 10/10/2024 | 40,000 | $1.032M | 0.0% | $25.80 | $25.80 | — | PREFERRED STOCK | 253868822 |