CIK: 0001036325 · Show all filings
Period: Q3 2016 (← Previous) (Next →)
Filing Date: Nov 14, 2016
Total Value ($000): $22,940,709 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| AMZN | Amazon.Com, Inc. | 2,031,382 | $1,700,896 | 7.4% | $16.54 | +131.3% | Common | 023135106 |
| — | Apache Corporation | 19,676,467 | $1,256,736 | 5.5% | $47.61 | — | Common | 037411105 |
| WFC | Wells Fargo & Co. | 26,193,351 | $1,159,842 | 5.1% | $28.19 | +30.7% | Common | 949746101 |
| JPM | JPMorgan Chase & Co. | 16,953,276 | $1,128,919 | 4.9% | $40.83 | +24.5% | Common | 46625H100 |
| GOOG | Alphabet Inc., Class C | 1,326,242 | $1,030,874 | 4.5% | $35.61 | +5.8% | Common | 02079K107 |
| BRK/A | Berkshire Hathaway Inc., Class A | 4,634 | $1,001,963 | 4.4% | $168191.69 | +30.4% | Common | 084670108 |
| — | United Technologies Corp. | 8,898,906 | $904,129 | 3.9% | $89.73 | — | Common | 913017109 |
| BK | Bank of New York Mellon Corp. | 21,505,937 | $857,657 | 3.7% | $22.02 | +42.1% | Common | 064058100 |
| AXP | American Express Co. | 12,849,137 | $822,859 | 3.6% | $59.62 | -5.5% | Common | 025816109 |
| — | Encana Corporation | 75,030,451 | $785,569 | 3.4% | $13.99 | — | Foreign | 292505104 |
| GOOGL | Alphabet Inc., Class A | 874,230 | $702,933 | 3.1% | $36.73 | +5.7% | Common | 02079K305 |
| JCI | Johnson Controls International Plc | 14,590,065 | $678,876 | 3.0% | $33.21 | 0.0% | Common | G51502105 |
| — | Monsanto Co. | 6,237,627 | $637,485 | 2.8% | $86.72 | — | Common | 61166W101 |
| TXN | Texas Instruments, Inc. | 8,906,473 | $625,056 | 2.7% | $29.01 | +81.6% | Common | 882508104 |
| OXY | Occidental Petroleum Corp. | 8,320,935 | $606,763 | 2.6% | $52.95 | +8.4% | Common | 674599105 |
| KMX | CarMax, Inc. | 9,724,947 | $518,826 | 2.3% | $46.21 | +22.6% | Common | 143130102 |
| SCHW | Charles Schwab Corp. | 16,147,073 | $509,763 | 2.2% | $19.19 | +35.6% | Common | 808513105 |
| UNH | UnitedHealth Group, Inc. | 3,250,827 | $455,116 | 2.0% | $51.13 | +135.7% | Common | 91324P102 |
| — | Liberty Global PLC, Series C | 12,721,681 | $420,324 | 1.8% | $51.51 | — | Common | G5480U120 |
| CTRA | Cabot Oil & Gas Corp. | 15,799,261 | $407,621 | 1.8% | $22.96 | -20.6% | Common | 127097103 |
| — | Praxair, Inc. | 3,165,236 | $382,455 | 1.7% | $124.28 | — | Common | 74005P104 |
| V | Visa, Inc., Class A | 4,511,202 | $373,076 | 1.6% | $55.96 | +34.0% | Common | 92826C839 |
| — | Express Scripts Holding Co. | 4,638,868 | $327,179 | 1.4% | $66.22 | — | Common | 30219G108 |
| META | Facebook, Inc. | 2,420,251 | $310,446 | 1.4% | $102.41 | +20.4% | Common | 30303M102 |
| COST | Costco Wholesale Corp. | 1,961,214 | $299,105 | 1.3% | $86.56 | +58.2% | Common | 22160K105 |
| — | Delphi Automotive Plc | 3,833,351 | $273,395 | 1.2% | $71.32 | — | Common | G27823106 |
| COF | Capital One Financial Corp. | 3,764,073 | $270,373 | 1.2% | $65.95 | -11.7% | Common | 14040H105 |
| MKL | Markel Corp. | 279,791 | $259,861 | 1.1% | $537.63 | +73.5% | Common | 570535104 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,772,913 | $256,133 | 1.1% | $119.68 | +22.2% | Common | 084670702 |
| MSFT | Microsoft Corp. | 4,444,519 | $256,004 | 1.1% | $26.70 | +88.3% | Common | 594918104 |
| CFG | Citizens Financial Group, Inc. | 10,111,602 | $249,858 | 1.1% | $16.44 | -2.1% | Common | 174610105 |
| ECL | Ecolab, Inc. | 1,881,626 | $229,032 | 1.0% | $74.29 | +46.7% | Common | 278865100 |
| CB | Chubb Ltd. | 1,807,706 | $227,138 | 1.0% | $96.06 | +11.6% | Common | H1467J104 |
| L | Loews Corp. | 5,429,312 | $223,416 | 1.0% | $42.08 | -6.5% | Common | 540424108 |
| EQT | EQT Corporation | 3,014,494 | $218,913 | 1.0% | $35.91 | +1.4% | Common | 26884L109 |
| — | The Priceline Group, Inc. | 145,699 | $214,395 | 0.9% | $1014.43 | — | Common | 741503403 |
| — | Valeant Pharmaceuticals International | 7,365,210 | $180,816 | 0.8% | $71.55 | — | Common | 91911K102 |
| ORCL | Oracle Corporation | 4,520,191 | $177,553 | 0.8% | $27.58 | +28.4% | Common | 68389X105 |
| — | Aetna Inc. | 1,504,313 | $173,673 | 0.8% | $115.45 | — | Common | 00817Y108 |
| MCO | Moody's Corp. | 1,465,821 | $158,719 | 0.7% | $73.12 | +31.6% | Common | 615369105 |
| USB | US Bancorp | 2,230,805 | $95,679 | 0.4% | $28.15 | +6.4% | Common | 902973304 |
| — | Fang Holdings Ltd | 17,571,453 | $78,896 | 0.3% | $4.49 | — | ADR | 30711Y102 |
| — | Wesco Aircraft Holdings, Inc. | 4,779,618 | $64,190 | 0.3% | $19.26 | — | Common | 950814103 |
| — | Liberty Global PLC, LiLAC Class C | 2,061,844 | $57,835 | 0.3% | $33.02 | — | Common | G5480U153 |
| JD | JD.com, Inc ADR | 2,077,921 | $54,213 | 0.2% | $24.76 | — | ADR | 47215P106 |
| — | Liberty Interactive Corp., QVC Group, Series A | 2,620,438 | $52,435 | 0.2% | $23.18 | — | Common | 53071M104 |
| SPG | Simon Property Group, Inc. | 249,695 | $51,689 | 0.2% | $104.74 | +26.9% | Common | 828806109 |
| — | Liberty Ventures Series A | 1,155,431 | $46,067 | 0.2% | $57.66 | — | Common | 53071M880 |
| GS | Goldman Sachs Group, Inc. | 251,652 | $40,584 | 0.2% | $122.82 | +8.9% | Common | 38141G104 |
| VIPS | Vipshop Holdings Ltd. ADS | 2,683,442 | $39,366 | 0.2% | $16.12 | — | ADR | 92763W103 |
| BXP | Boston Properties, Inc. | 281,230 | $38,329 | 0.2% | $71.73 | +30.8% | Common | 101121101 |
| ETN | Eaton Corporation Plc | 581,490 | $38,210 | 0.2% | $46.39 | +14.0% | Common | G29183103 |
| EG | Everest Re Group, Ltd. | 197,762 | $37,569 | 0.2% | $99.45 | +55.5% | Common | G3223R108 |
| MRSH | Marsh & McLennan Co. | 502,480 | $33,792 | 0.1% | $38.81 | +47.7% | Common | 571748102 |
| — | Angie's List, Inc. | 3,206,460 | $31,776 | 0.1% | $15.56 | — | Common | 034754101 |
| WCC | Wesco International, Inc. | 494,534 | $30,409 | 0.1% | $57.92 | -3.8% | Common | 95082P105 |
| — | Quotient Technology, Inc. | 2,153,784 | $28,667 | 0.1% | $6.82 | — | Common | 749119103 |
| STT | State Street Corp. | 404,700 | $28,179 | 0.1% | $42.64 | +16.5% | Common | 857477103 |
| — | CatchMark Timber Trust Inc., Class A | 2,306,600 | $26,964 | 0.1% | $11.06 | — | Common | 14912Y202 |
| NOAH | Noah Holdings Ltd. ADS | 1,027,407 | $26,826 | 0.1% | $24.47 | — | ADR | 65487X102 |
| PNC | PNC Financial Services Group, Inc. | 262,680 | $23,665 | 0.1% | $61.97 | +2.1% | Common | 693475105 |
| — | Brookfield Asset Management Inc., Class A | 663,115 | $23,328 | 0.1% | $36.14 | — | Foreign | 112585104 |
| PSA | Public Storage | 102,096 | $22,782 | 0.1% | $172.26 | -7.3% | Common | 74460D109 |
| SPGI | S&P Global, Inc. | 175,280 | $22,183 | 0.1% | $96.34 | +14.4% | Common | 78409V104 |
| TRNO | Terreno Realty Corp. | 806,277 | $22,181 | 0.1% | $20.79 | — | Common | 88146M101 |
| — | Post Properties, Inc. | 318,555 | $21,066 | 0.1% | $52.42 | — | Common | 737464107 |
| KRG | Kite Realty Group Trust | 744,103 | $20,627 | 0.1% | $25.58 | — | Common | 49803T300 |
| DGX | Quest Diagnostics Inc. | 239,896 | $20,302 | 0.1% | $46.62 | +49.8% | Common | 74834L100 |
| AVB | Avalonbay Communities, Inc. | 111,971 | $19,913 | 0.1% | $107.54 | +21.5% | Common | 053484101 |
| AIG | American International Group. Inc. | 330,830 | $19,631 | 0.1% | $32.57 | +38.4% | Common | 026874784 |
| — | Retail Opportunity Investments Corp. | 850,063 | $18,667 | 0.1% | $18.49 | — | Common | 76131N101 |
| — | American Campus Communities, Inc. | 362,021 | $18,416 | 0.1% | $38.21 | — | Common | 024835100 |
| ESS | Essex Property Trust, Inc. | 81,708 | $18,196 | 0.1% | $128.43 | +29.6% | Common | 297178105 |
| TAL | TAL Education Group, Class A, ADR | 255,103 | $18,071 | 0.1% | $63.16 | — | ADR | 874080104 |
| — | Ramco-Gershenson Properties Trust | 948,941 | $17,783 | 0.1% | $16.82 | — | Common | 751452202 |
| AKR | Acadia Realty Trust | 484,457 | $17,557 | 0.1% | $27.76 | — | Common | 004239109 |
| — | DCT Industrial Trust, Inc. | 358,800 | $17,420 | 0.1% | $35.40 | — | Common | 233153204 |
| — | New Oriental Education & Technology ADR | 369,393 | $17,125 | 0.1% | $42.45 | — | ADR | 647581107 |
| EQR | Equity Residential | 264,899 | $17,041 | 0.1% | $44.95 | +1.3% | Common | 29476L107 |
| FR | First Industrial Realty Trust, Inc. | 590,122 | $16,653 | 0.1% | $20.95 | — | Common | 32054K103 |
| — | General Growth Properties, Inc. | 595,554 | $16,437 | 0.1% | $29.82 | — | Common | 370023103 |
| HIW | Highwoods Properties, Inc. | 310,630 | $16,190 | 0.1% | $42.95 | — | Common | 431284108 |
| — | Forest City Realty Trust, Inc., Class A | 675,229 | $15,618 | 0.1% | $21.09 | — | Common | 345605109 |
| WELL | Welltower, Inc. | 204,113 | $15,262 | 0.1% | $44.40 | +21.6% | Common | 95040Q104 |
| — | Liberty TripAdvisor Holdings, Inc., Series A | 657,484 | $14,366 | 0.1% | $33.90 | — | Common | 531465102 |
| AMAT | Applied Materials, Inc. | 474,880 | $14,318 | 0.1% | $15.03 | +67.1% | Common | 038222105 |
| EGP | Eastgroup Properties, Inc. | 187,587 | $13,799 | 0.1% | $57.53 | — | Common | 277276101 |
| CCI | Crown Castle International Corp. | 142,204 | $13,397 | 0.1% | $54.50 | +19.1% | Common | 22822V101 |
| — | Cousins Properties, Inc. | 1,250,050 | $13,051 | 0.1% | $10.26 | — | Common | 222795106 |
| BIDU | Baidu, Inc. Class A, ADR | 69,137 | $12,588 | 0.1% | $186.61 | — | ADR | 056752108 |
| — | YY, Inc. ADR | 230,192 | $12,265 | 0.1% | $44.52 | — | ADR | 98426T106 |
| AMH | American Homes 4 Rent, Class A | 559,522 | $12,108 | 0.1% | $16.82 | — | Common | 02665T306 |
| — | CyrusOne, Inc. | 251,841 | $11,980 | 0.1% | $31.01 | — | Common | 23283R100 |
| CPT | Camden Property Trust | 142,447 | $11,929 | 0.1% | $51.84 | +17.1% | Common | 133131102 |
| SAP | SAP AG ADR | 130,389 | $11,919 | 0.1% | $74.71 | — | ADR | 803054204 |
| — | DuPont Fabros Technology, Inc. | 288,183 | $11,888 | 0.1% | $28.62 | — | Common | 26613Q106 |
| — | Cedar Realty Trust, Inc. | 1,557,569 | $11,214 | 0.0% | $6.80 | — | Common | 150602209 |
| VNO | Vornado Realty Trust | 105,816 | $10,710 | 0.0% | $92.02 | — | Common | 929042109 |
| ARE | Alexandria Real Estate Equities, Inc. | 95,206 | $10,356 | 0.0% | $47.62 | +63.8% | Common | 015271109 |
| — | DDR Corporation | 585,787 | $10,210 | 0.0% | $18.04 | — | Common | 23317H102 |
| PCAR | PACCAR, Inc. | 172,177 | $10,121 | 0.0% | $21.70 | +22.9% | Common | 693718108 |
| — | EQT Midstream Partners L.P. | 129,292 | $9,851 | 0.0% | $78.70 | — | Partnership | 26885B100 |
| — | Apartment Investment & Management | 214,423 | $9,844 | 0.0% | $39.43 | — | Common | 03748R101 |
| — | Federal Realty Investment Trust | 62,290 | $9,588 | 0.0% | $112.98 | — | Common | 313747206 |
| EXR | Extra Space Storage, Inc. | 108,628 | $8,626 | 0.0% | $59.97 | -1.3% | Common | 30225T102 |
| — | Education Realty Trust, Inc. | 173,183 | $7,471 | 0.0% | $35.67 | — | Common | 28140H203 |
| HST | Host Hotels & Resorts, Inc. | 435,914 | $6,787 | 0.0% | $10.71 | +10.4% | Common | 44107P104 |
| — | InterXion Holding NV | 184,999 | $6,701 | 0.0% | $31.91 | — | Foreign | N47279109 |
| IBN | ICICI Bank Limited ADR | 651,295 | $4,865 | 0.0% | $16.89 | — | ADR | 45104G104 |
| PPG | PPG Industries, Inc. | 42,700 | $4,413 | 0.0% | $88.30 | 0.0% | Common | 693506107 |
| — | LendingClub Corp. | 675,118 | $4,172 | 0.0% | $22.66 | — | Common | 52603A109 |
| TV | Grupo Televisa S.A.B. ADR | 160,155 | $4,114 | 0.0% | $27.00 | — | ADR | 40049J206 |
| — | CommerceHub, Inc., Series C | 231,088 | $3,677 | 0.0% | $15.91 | — | Common | 20084V306 |
| — | CorEnergy Infrastructure Trust, Inc. Series A | 136,266 | $3,373 | 0.0% | $21.00 | — | Preferred | 21870U304 |
| ALEX | Alexander & Baldwin, Inc. | 79,534 | $3,056 | 0.0% | $38.20 | — | Common | 014491104 |
| VTR | Ventas, Inc. | 41,402 | $2,924 | 0.0% | $48.34 | 0.0% | Common | 92276F100 |
| — | Ctrip.com International, Ltd. ADR | 56,751 | $2,643 | 0.0% | $38.06 | — | ADR | 22943F100 |
| — | CommerceHub, Inc., Series A | 115,541 | $1,826 | 0.0% | $15.80 | — | Common | 20084V108 |
| REXR | Rexford Industrial Realty, Inc. | 79,027 | $1,809 | 0.0% | $14.64 | — | Common | 76169C100 |
| KBR | KBR, Inc. | 105,300 | $1,593 | 0.0% | $18.33 | -29.5% | Common | 48242W106 |
| — | 58.com, Inc. ADR | 23,086 | $1,100 | 0.0% | $39.82 | — | ADR | 31680Q104 |
| MU | Micron Technology, Inc. | 32,055 | $570 | 0.0% | $10.98 | +35.6% | Common | 595112103 |
| INTC | Intel Corp. | 14,380 | $543 | 0.0% | $17.62 | +62.4% | Common | 458140100 |
| — | Jumei International ADR | 90,960 | $532 | 0.0% | $25.55 | — | ADR | 48138L107 |
| HPE | Hewlett Packard Enterprise Company | 20,830 | $474 | 0.0% | $6.50 | +45.2% | Common | 42824C109 |
| — | Xilinx, Inc. | 7,920 | $430 | 0.0% | $46.83 | — | Common | 983919101 |
| — | Lam Research Corp. | 4,355 | $412 | 0.0% | $83.02 | — | Common | 512807108 |
| HPQ | HP, Inc. | 23,700 | $368 | 0.0% | $7.89 | +32.7% | Common | 40434L105 |
| BBU | Brookfield Business Partners, L.P. | 13,307 | $352 | 0.0% | $19.09 | — | Partnership | G16234109 |
| AXTA | Axalta Coating Systems Ltd. | 11,400 | $322 | 0.0% | $28.00 | 0.0% | Common | G0750C108 |
| APD | Air Products & Chemicals, Inc. | 1,825 | $274 | 0.0% | $61.55 | +78.6% | Common | 009158106 |
| DIS | Disney Walt Holdings | 2,629 | $244 | 0.0% | $56.81 | +56.4% | Common | 254687106 |