CIK: 0001036325 · Show all filings
Period: Q4 2016 (← Previous) (Next →)
Filing Date: Feb 13, 2017
Total Value ($000): $22,836,762 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WFC | Wells Fargo & Co. | 26,425,695 | $1,456,320 | 6.4% | $28.19 | +38.5% | Common | 949746101 |
| JPM | JPMorgan Chase & Co. | 16,810,992 | $1,450,620 | 6.4% | $40.83 | +46.7% | Common | 46625H100 |
| AMZN | Amazon.com, Inc. | 1,911,921 | $1,433,692 | 6.3% | $16.54 | +136.9% | Common | 023135106 |
| — | Apache Corporation | 19,575,752 | $1,242,473 | 5.4% | $47.61 | — | Common | 037411105 |
| BRK/A | Berkshire Hathaway Inc., Class A | 4,335 | $1,058,265 | 4.6% | $168191.69 | +37.2% | Common | 084670108 |
| BK | Bank of New York Mellon Corp. | 21,230,205 | $1,005,887 | 4.4% | $22.02 | +61.2% | Common | 064058100 |
| GOOG | Alphabet Inc., Class C | 1,287,375 | $993,621 | 4.4% | $35.61 | +8.6% | Common | 02079K107 |
| — | United Technologies Corp. | 8,397,470 | $920,531 | 4.0% | $89.73 | — | Common | 913017109 |
| AXP | American Express Co. | 12,064,358 | $893,728 | 3.9% | $59.62 | +2.3% | Common | 025816109 |
| — | Encana Corporation | 71,084,413 | $834,531 | 3.7% | $13.99 | — | ADR | 292505104 |
| GOOGL | Alphabet Inc., Class A | 824,643 | $653,488 | 2.9% | $36.73 | +8.0% | Common | 02079K305 |
| — | Monsanto Co. | 5,863,069 | $616,853 | 2.7% | $86.72 | — | Common | 61166W101 |
| JCI | Johnson Controls International PLC | 14,906,750 | $614,009 | 2.7% | $33.23 | +3.2% | Common | G51502105 |
| OXY | Occidental Petroleum Corp. | 7,676,858 | $546,823 | 2.4% | $52.95 | +3.9% | Common | 674599105 |
| — | Aetna Inc. | 3,937,198 | $488,252 | 2.1% | $120.74 | — | Common | 00817Y108 |
| UNH | UnitedHealth Group, Inc. | 3,039,188 | $486,392 | 2.1% | $51.13 | +152.6% | Common | 91324P102 |
| TXN | Texas Instruments, Inc. | 6,119,506 | $446,540 | 2.0% | $29.01 | +91.2% | Common | 882508104 |
| ADNT | Adient PLC | 7,495,716 | $439,249 | 1.9% | $50.50 | 0.0% | Common | G0084W101 |
| KMX | CarMax, Inc. | 6,398,758 | $412,016 | 1.8% | $46.21 | +21.4% | Common | 143130102 |
| META | Facebook, Inc. | 3,319,241 | $381,879 | 1.7% | $107.71 | +13.2% | Common | 30303M102 |
| CTRA | Cabot Oil & Gas Corp. | 15,514,128 | $362,410 | 1.6% | $22.96 | -28.6% | Common | 127097103 |
| — | Liberty Global PLC, Series C | 11,873,221 | $352,635 | 1.5% | $51.51 | — | Common | G5480U120 |
| — | Praxair, Inc. | 2,957,530 | $346,593 | 1.5% | $124.28 | — | Common | 74005P104 |
| V | Visa, Inc., Class A | 4,247,022 | $331,353 | 1.5% | $55.96 | +34.8% | Common | 92826C839 |
| COF | Capital One Financial Corp. | 3,670,420 | $320,207 | 1.4% | $65.95 | +4.3% | Common | 14040H105 |
| — | Express Scripts Holding Co. | 4,315,258 | $296,847 | 1.3% | $66.22 | — | Common | 30219G108 |
| COST | Costco Wholesale Corp. | 1,845,293 | $295,450 | 1.3% | $86.56 | +49.9% | Common | 22160K105 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,717,308 | $279,887 | 1.2% | $119.68 | +28.6% | Common | 084670702 |
| L | Loews Corp. | 5,539,761 | $259,427 | 1.1% | $42.08 | +0.0% | Common | 540424108 |
| — | Delphi Automotive PLC | 3,824,957 | $257,611 | 1.1% | $71.32 | — | Common | G27823106 |
| MSFT | Microsoft Corp. | 4,100,805 | $254,824 | 1.1% | $26.70 | +102.0% | Common | 594918104 |
| MKL | Markel Corp. | 271,805 | $245,848 | 1.1% | $537.63 | +65.8% | Common | 570535104 |
| CB | Chubb Ltd. | 1,585,123 | $209,427 | 0.9% | $96.06 | +12.8% | Common | H1467J104 |
| ECL | Ecolab, Inc. | 1,745,644 | $204,624 | 0.9% | $74.29 | +42.7% | Common | 278865100 |
| EQT | EQT Corporation | 2,972,258 | $194,386 | 0.9% | $35.91 | -4.7% | Common | 26884L109 |
| — | The Priceline Group, Inc. | 127,566 | $187,019 | 0.8% | $1014.43 | — | Common | 741503403 |
| ORCL | Oracle Corporation | 4,280,533 | $164,586 | 0.7% | $27.58 | +23.8% | Common | 68389X105 |
| USB | US Bancorp | 2,232,919 | $114,705 | 0.5% | $28.15 | +19.9% | Common | 902973304 |
| AXTA | Axalta Coating Systems Ltd. | 3,903,956 | $106,188 | 0.5% | $26.33 | -0.0% | Common | G0750C108 |
| — | Valeant Pharmaceuticals International | 7,000,303 | $101,644 | 0.4% | $71.55 | — | ADR | 91911K102 |
| GS | Goldman Sachs Group, Inc. | 250,902 | $60,078 | 0.3% | $122.82 | +36.6% | Common | 38141G104 |
| — | Fang Holdings Ltd | 17,427,557 | $57,162 | 0.3% | $4.49 | — | ADR | 30711Y102 |
| JD | JD.com, Inc ADR | 2,221,236 | $56,508 | 0.2% | $24.81 | — | ADR | 47215P106 |
| — | Liberty Interactive Corp., QVC Group, Series A | 2,417,807 | $48,308 | 0.2% | $23.18 | — | Common | 53071M104 |
| EG | Everest Re Group, Ltd. | 197,762 | $42,796 | 0.2% | $99.45 | +71.5% | Common | G3223R108 |
| — | Liberty Global PLC, LiLAC Class C | 1,905,195 | $40,333 | 0.2% | $33.02 | — | Common | G5480U153 |
| ETN | Eaton Corporation Plc | 559,017 | $37,504 | 0.2% | $46.39 | +16.7% | Common | G29183103 |
| VIPS | Vipshop Holdings Ltd. ADS | 3,369,423 | $37,097 | 0.2% | $15.08 | — | ADR | 92763W103 |
| ZTO | ZTO Express Cayman, Inc. ADR | 2,987,800 | $36,063 | 0.2% | $12.07 | — | ADR | 98980A105 |
| MRSH | Marsh & McLennan Co. | 501,260 | $33,880 | 0.1% | $38.81 | +48.6% | Common | 571748102 |
| SPG | Simon Property Group, Inc. | 181,405 | $32,230 | 0.1% | $104.74 | +9.6% | Common | 828806109 |
| BABA | Alibaba Group Holding Ltd. ADR | 366,132 | $32,150 | 0.1% | $87.81 | — | ADR | 01609W102 |
| SCHW | Charles Schwab Corp. | 808,108 | $31,896 | 0.1% | $19.19 | +65.6% | Common | 808513105 |
| STT | State Street Corp. | 403,370 | $31,350 | 0.1% | $42.64 | +34.9% | Common | 857477103 |
| PNC | PNC Financial Services Group, Inc. | 261,820 | $30,622 | 0.1% | $61.97 | +24.5% | Common | 693475105 |
| — | Angie's List, Inc. | 3,279,686 | $26,992 | 0.1% | $15.39 | — | Common | 034754101 |
| — | CatchMark Timber Trust Inc., Class A | 2,335,874 | $26,302 | 0.1% | $11.06 | — | Common | 14912Y202 |
| AMAT | Applied Materials, Inc. | 791,219 | $25,533 | 0.1% | $20.01 | +37.3% | Common | 038222105 |
| NOAH | Noah Holdings Ltd. ADS | 1,161,444 | $25,470 | 0.1% | $24.18 | — | ADR | 65487X102 |
| — | Liberty Ventures Series A | 638,645 | $23,547 | 0.1% | $36.87 | — | Common | 53071M856 |
| TRNO | Terreno Realty Corp. | 820,937 | $23,388 | 0.1% | $20.93 | — | Common | 88146M101 |
| PSA | Public Storage | 104,014 | $23,247 | 0.1% | $171.79 | -14.5% | Common | 74460D109 |
| — | Wesco Aircraft Holdings, Inc. | 1,523,627 | $22,778 | 0.1% | $19.26 | — | Common | 950814103 |
| MAA | Mid-America Apartment Communities, Inc | 224,868 | $22,019 | 0.1% | $67.12 | 0.0% | Common | 59522J103 |
| — | Brookfield Asset Management Inc., Class A | 660,925 | $21,817 | 0.1% | $36.14 | — | ADR | 112585104 |
| AIG | American International Group. Inc. | 329,490 | $21,519 | 0.1% | $32.57 | +52.9% | Common | 026874784 |
| TV | Grupo Televisa S.A.B., ADR | 1,029,261 | $21,501 | 0.1% | $21.84 | — | ADR | 40049J206 |
| EQR | Equity Residential | 317,619 | $20,442 | 0.1% | $44.80 | -1.7% | Common | 29476L107 |
| AVB | AvalonBay Communities, Inc. | 114,301 | $20,248 | 0.1% | $107.86 | +14.4% | Common | 053484101 |
| — | Quotient Technology, Inc. | 1,845,427 | $19,838 | 0.1% | $6.82 | — | Common | 749119103 |
| PLD | Prologis, Inc. | 369,727 | $19,518 | 0.1% | $39.25 | 0.0% | Common | 74340W103 |
| ESS | Essex Property Trust, Inc. | 83,032 | $19,305 | 0.1% | $128.92 | +23.5% | Common | 297178105 |
| MCO | Moody's Corp. | 200,319 | $18,884 | 0.1% | $73.12 | +26.8% | Common | 615369105 |
| SPGI | S&P Global, Inc. | 174,630 | $18,780 | 0.1% | $96.34 | +14.1% | Common | 78409V104 |
| NVS | Novartis AG ADR | 257,670 | $18,769 | 0.1% | $72.84 | — | ADR | 66987V109 |
| DGX | Quest Diagnostics Inc. | 203,698 | $18,720 | 0.1% | $46.62 | +54.4% | Common | 74834L100 |
| — | American Campus Communities, Inc. | 369,657 | $18,398 | 0.1% | $38.45 | — | Common | 024835100 |
| TAL | TAL Education Group, Class A, ADR | 254,945 | $17,884 | 0.1% | $63.16 | — | ADR | 874080104 |
| — | New Oriental Education & Technology ADR | 422,753 | $17,798 | 0.1% | $42.40 | — | ADR | 647581107 |
| — | Liberty Expedia Holdings, Inc. | 425,760 | $16,890 | 0.1% | $39.67 | — | Common | 53046P109 |
| WELL | Welltower, Inc. | 251,794 | $16,853 | 0.1% | $44.94 | +5.2% | Common | 95040Q104 |
| AKR | Acadia Realty Trust | 497,226 | $16,249 | 0.1% | $27.88 | — | Common | 004239109 |
| — | CyrusOne, Inc. | 329,126 | $14,722 | 0.1% | $34.24 | — | Common | 23283R100 |
| — | Retail Opportunity Investments Corp. | 646,620 | $13,663 | 0.1% | $18.49 | — | Common | 76131N101 |
| FR | First Industrial Realty Trust, Inc. | 484,459 | $13,589 | 0.1% | $20.95 | — | Common | 32054K103 |
| WCC | WESCO International, Inc. | 202,932 | $13,505 | 0.1% | $57.92 | +6.6% | Common | 95082P105 |
| BIDU | Baidu, Inc. Class A, ADR | 78,247 | $12,865 | 0.1% | $184.03 | — | ADR | 056752108 |
| — | DuPont Fabros Technology, Inc. | 286,560 | $12,589 | 0.1% | $28.62 | — | Common | 26613Q106 |
| CCI | Crown Castle International Corp. | 141,659 | $12,292 | 0.1% | $54.50 | +9.5% | Common | 22822V101 |
| — | Federal Realty Investment Trust | 85,025 | $12,083 | 0.1% | $120.77 | — | Common | 313747206 |
| AMH | American Homes 4 Rent, Class A | 568,049 | $11,918 | 0.1% | $16.88 | — | Common | 02665T306 |
| CPT | Camden Property Trust | 141,381 | $11,886 | 0.1% | $51.84 | +12.3% | Common | 133131102 |
| SAP | SAP AG ADR | 135,753 | $11,733 | 0.1% | $75.17 | — | ADR | 803054204 |
| VNO | Vornado Realty Trust | 107,723 | $11,243 | 0.0% | $92.23 | — | Common | 929042109 |
| — | Life Storage, Inc. | 131,297 | $11,194 | 0.0% | $85.26 | — | Common | 53223X107 |
| HIW | Highwoods Properties, Inc. | 212,388 | $10,834 | 0.0% | $42.95 | — | Common | 431284108 |
| ARE | Alexandria Real Estate Equities, Inc. | 97,227 | $10,805 | 0.0% | $48.24 | +60.5% | Common | 015271109 |
| — | Cousins Properties, Inc. | 1,244,053 | $10,587 | 0.0% | $10.26 | — | Common | 222795106 |
| — | DCT Industrial Trust, Inc. | 217,153 | $10,397 | 0.0% | $35.40 | — | Common | 233153204 |
| — | EQT Midstream Partners L.P. | 132,352 | $10,149 | 0.0% | $78.65 | — | Partnership | 26885B100 |
| HST | Host Hotels & Resorts, Inc. | 536,085 | $10,100 | 0.0% | $10.91 | +8.2% | Common | 44107P104 |
| — | YY, Inc. ADR | 255,882 | $10,087 | 0.0% | $44.00 | — | ADR | 98426T106 |
| — | Apartment Investment & Management | 217,992 | $9,908 | 0.0% | $39.53 | — | Common | 03748R101 |
| CUBE | CubeSmart | 367,440 | $9,836 | 0.0% | $26.77 | — | Common | 229663109 |
| — | SL Green Realty Corp. | 89,217 | $9,595 | 0.0% | $107.55 | — | Common | 78440X101 |
| KRG | Kite Realty Group Trust | 403,746 | $9,480 | 0.0% | $25.58 | — | Common | 49803T300 |
| BXP | Boston Properties, Inc. | 74,220 | $9,335 | 0.0% | $71.73 | +17.7% | Common | 101121101 |
| — | General Growth Properties, Inc. | 366,937 | $9,166 | 0.0% | $29.82 | — | Common | 370023103 |
| — | Cedar Realty Trust, Inc. | 1,397,410 | $9,125 | 0.0% | $6.80 | — | Common | 150602209 |
| — | Liberty TripAdvisor Holdings, Inc., Series A | 606,184 | $9,123 | 0.0% | $33.90 | — | Common | 531465102 |
| EXR | Extra Space Storage, Inc. | 110,682 | $8,549 | 0.0% | $59.82 | -12.9% | Common | 30225T102 |
| EGP | EastGroup Properties, Inc. | 97,175 | $7,175 | 0.0% | $57.53 | — | Common | 277276101 |
| — | InterXion Holding NV | 196,792 | $6,901 | 0.0% | $32.10 | — | Common | N47279109 |
| WY | Weyerhaeuser Co. | 206,920 | $6,226 | 0.0% | $21.68 | 0.0% | Common | 962166104 |
| — | DDR Corporation | 397,586 | $6,071 | 0.0% | $18.04 | — | Common | 23317H102 |
| IVE | iShares S&P 500 Value Index Fund | 59,339 | $6,016 | 0.0% | $101.38 | — | ETF | 464287408 |
| — | Forest City Realty Trust, Inc., Class A | 284,460 | $5,928 | 0.0% | $21.09 | — | Common | 345605109 |
| REG | Regency Centers Corporation | 85,860 | $5,920 | 0.0% | $48.53 | 0.0% | Common | 758849103 |
| VTR | Ventas, Inc. | 90,455 | $5,655 | 0.0% | $45.22 | -5.8% | Common | 92276F100 |
| PPG | PPG Industries, Inc. | 57,580 | $5,456 | 0.0% | $86.33 | -6.6% | Common | 693506107 |
| IBN | ICICI Bank Limited ADR | 651,295 | $4,878 | 0.0% | $16.89 | — | ADR | 45104G104 |
| — | Ramco-Gershenson Properties Trust | 233,205 | $3,867 | 0.0% | $16.82 | — | Common | 751452202 |
| — | LendingClub Corp. | 683,402 | $3,588 | 0.0% | $22.45 | — | Common | 52603A109 |
| — | CommerceHub, Inc., Series C | 212,958 | $3,201 | 0.0% | $15.91 | — | Common | 20084V306 |
| — | Ctrip.com International, Ltd. ADR | 77,401 | $3,096 | 0.0% | $38.57 | — | ADR | 22943F100 |
| REXR | Rexford Industrial Realty, Inc. | 106,002 | $2,458 | 0.0% | $16.81 | — | Common | 76169C100 |
| — | CommerceHub, Inc., Series A | 106,331 | $1,596 | 0.0% | $15.80 | — | Common | 20084V108 |
| — | CorEnergy Infrastructure Trust, Inc. Series A | 40,708 | $1,002 | 0.0% | $21.00 | — | Preferred Stock | 21870U304 |
| — | 58.com, Inc. ADR | 26,526 | $743 | 0.0% | $38.29 | — | ADR | 31680Q104 |
| MU | Micron Technology, Inc. | 32,055 | $703 | 0.0% | $10.98 | +67.0% | Common | 595112103 |
| INTC | Intel Corp. | 14,380 | $522 | 0.0% | $17.62 | +65.4% | Common | 458140100 |
| — | Jumei International ADR | 97,620 | $489 | 0.0% | $24.15 | — | ADR | 48138L107 |
| HPE | Hewlett Packard Enterprise Company | 20,830 | $482 | 0.0% | $6.50 | +57.5% | Common | 42824C109 |
| — | Xilinx, Inc. | 7,920 | $478 | 0.0% | $46.83 | — | Common | 983919101 |
| — | Lam Research Corp. | 4,355 | $460 | 0.0% | $83.02 | — | Common | 512807108 |
| IWV | iShares Russell 3000 Index Fund | 2,903 | $386 | 0.0% | $132.97 | — | ETF | 464287689 |
| BBU | Brookfield Business Partners, L.P. | 13,307 | $320 | 0.0% | $19.09 | — | Partnership | G16234109 |
| HPQ | HP, Inc. | 20,830 | $309 | 0.0% | $7.89 | +42.1% | Common | 40434L105 |
| DIS | Disney Walt Holdings | 2,629 | $274 | 0.0% | $56.81 | +59.7% | Common | 254687106 |
| APD | Air Products & Chemicals, Inc. | 1,836 | $264 | 0.0% | $61.55 | +81.4% | Common | 009158106 |
| IWB | iShares Russell 1000 Index Fund | 1,848 | $230 | 0.0% | $124.46 | — | ETF | 464287622 |
| PCAR | PACCAR, Inc. | 3,185 | $204 | 0.0% | $21.70 | +31.0% | Common | 693718108 |