CIK: 0001036325 · Show all filings
Period: Q3 2017 (← Previous) (Next →)
Filing Date: Nov 16, 2017
Total Value ($000): $23,495,714 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WFC | Wells Fargo & Co. | 26,335,478 | $1,451,064 | 6.2% | $28.63 | +47.2% | Common | 949746101 |
| AMZN | Amazon.com, Inc. | 1,507,337 | $1,448,635 | 6.2% | $16.54 | +196.9% | Common | 023135106 |
| JPM | JPMorgan Chase & Co. | 12,752,186 | $1,217,869 | 5.2% | $40.83 | +80.4% | Common | 46625H100 |
| BRK/A | Berkshire Hathaway Inc., Class A | 4,187 | $1,150,336 | 4.9% | $168191.69 | +57.8% | Common | 084670108 |
| GOOG | Alphabet Inc., Class C | 1,148,225 | $1,100,755 | 4.7% | $35.61 | +29.8% | Common | 02079K107 |
| BK | Bank of New York Mellon Corp. | 19,718,607 | $1,045,469 | 4.4% | $22.02 | +89.9% | Common | 064058100 |
| AXP | American Express Co. | 10,904,535 | $986,229 | 4.2% | $59.62 | +28.5% | Common | 025816109 |
| COF | Capital One Financial Corp. | 11,581,237 | $980,149 | 4.2% | $69.17 | +3.1% | Common | 14040H105 |
| — | Apache Corporation | 20,998,334 | $961,724 | 4.1% | $48.01 | — | Common | 037411105 |
| — | United Technologies Corp. | 7,666,203 | $889,784 | 3.8% | $89.73 | — | Common | 913017109 |
| — | Encana Corporation | 65,304,863 | $769,216 | 3.3% | $13.99 | — | ADR | 292505104 |
| GOOGL | Alphabet Inc., Class A | 715,768 | $696,559 | 3.0% | $36.73 | +28.2% | Common | 02079K305 |
| — | Aetna Inc. | 3,824,917 | $607,752 | 2.6% | $121.11 | — | Common | 00817Y108 |
| ADNT | Adient PLC | 7,154,891 | $600,990 | 2.6% | $50.50 | +38.0% | Common | G0084W101 |
| META | Facebook, Inc. | 3,382,612 | $577,503 | 2.5% | $110.09 | +50.5% | Common | 30303M102 |
| JCI | Johnson Controls International PLC | 13,256,345 | $533,907 | 2.3% | $33.23 | +0.5% | Common | G51502105 |
| TXN | Texas Instruments, Inc. | 5,234,988 | $469,268 | 2.0% | $29.01 | +124.7% | Common | 882508104 |
| OXY | Occidental Petroleum Corp. | 6,232,951 | $400,487 | 1.7% | $52.95 | -7.7% | Common | 674599105 |
| CTRA | Cabot Oil & Gas Corp. | 14,448,060 | $386,567 | 1.6% | $22.96 | -18.9% | Common | 127097103 |
| FDX | FedEx Corp. | 1,620,124 | $365,325 | 1.6% | $169.40 | +9.2% | Common | 31428X106 |
| — | Praxair, Inc. | 2,543,551 | $355,642 | 1.5% | $124.28 | — | Common | 74005P104 |
| — | Delphi Automotive PLC | 3,600,448 | $354,091 | 1.5% | $71.32 | — | Common | G27823106 |
| — | Liberty Global PLC, Series C | 10,204,759 | $333,255 | 1.4% | $51.51 | — | Common | G5480U120 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,734,829 | $317,984 | 1.4% | $121.55 | +45.4% | Common | 084670702 |
| KMX | CarMax, Inc. | 4,065,627 | $308,245 | 1.3% | $46.21 | +44.3% | Common | 143130102 |
| MKL | Markel Corp. | 264,054 | $282,018 | 1.2% | $551.22 | +87.6% | Common | 570535104 |
| AXTA | Axalta Coating Systems Ltd. | 9,402,305 | $271,921 | 1.2% | $28.55 | +5.9% | Common | G0750C108 |
| MSFT | Microsoft Corp. | 3,488,561 | $259,717 | 1.1% | $26.70 | +149.7% | Common | 594918104 |
| UNH | UnitedHealth Group, Inc. | 1,305,135 | $255,634 | 1.1% | $51.13 | +230.4% | Common | 91324P102 |
| V | Visa, Inc., Class A | 2,342,817 | $246,481 | 1.0% | $55.96 | +71.0% | Common | 92826C839 |
| — | Express Scripts Holding Co. | 3,848,419 | $243,617 | 1.0% | $66.22 | — | Common | 30219G108 |
| L | Loews Corp. | 5,087,910 | $243,502 | 1.0% | $42.08 | +9.0% | Common | 540424108 |
| COST | Costco Wholesale Corp. | 1,386,367 | $227,714 | 1.0% | $86.56 | +61.9% | Common | 22160K105 |
| CB | Chubb Ltd. | 1,435,348 | $204,586 | 0.9% | $96.06 | +30.0% | Common | H1467J104 |
| ORCL | Oracle Corporation | 3,924,554 | $189,679 | 0.8% | $27.58 | +59.3% | Common | 68389X105 |
| ECL | Ecolab, Inc. | 1,177,479 | $151,494 | 0.6% | $74.29 | +61.7% | Common | 278865100 |
| — | The Priceline Group, Inc. | 71,073 | $130,122 | 0.6% | $1014.43 | — | Common | 741503403 |
| — | Fang Holdings Ltd | 27,088,293 | $109,669 | 0.5% | $4.16 | — | ADR | 30711Y102 |
| BABA | Alibaba Group Holding Ltd. ADR | 554,328 | $95,738 | 0.4% | $110.88 | — | ADR | 01609W102 |
| — | New Oriental Education & Technology ADR | 1,058,617 | $93,434 | 0.4% | $57.30 | — | ADR | 647581107 |
| JD | JD.com, Inc ADR | 2,425,536 | $92,708 | 0.4% | $25.85 | — | ADR | 47215P106 |
| — | Hollysys Automation Technologies Ltd. | 4,155,115 | $89,792 | 0.4% | $17.63 | — | ADR | G45667105 |
| TAL | TAL Education Group, Class A, ADR | 2,537,827 | $85,550 | 0.4% | $41.86 | — | ADR | 874080104 |
| USB | US Bancorp | 1,361,537 | $72,965 | 0.3% | $28.67 | +31.7% | Common | 902973304 |
| ZTO | ZTO Express Cayman, Inc. ADR | 4,686,871 | $65,798 | 0.3% | $12.54 | — | ADR | 98980A105 |
| GS | Goldman Sachs Group, Inc. | 252,986 | $60,006 | 0.3% | $122.82 | +53.1% | Common | 38141G104 |
| EG | Everest Re Group, Ltd. | 230,741 | $52,699 | 0.2% | $111.58 | +89.8% | Common | G3223R108 |
| — | Angie's List, Inc. | 4,162,001 | $51,869 | 0.2% | $14.69 | — | Common | 034754101 |
| — | Monsanto Co. | 428,111 | $51,296 | 0.2% | $86.72 | — | Common | 61166W101 |
| — | Liberty Interactive Corp., QVC Group, Series A | 2,076,235 | $48,903 | 0.2% | $23.18 | — | Common | 53071M104 |
| STT | State Street Corp. | 497,827 | $47,562 | 0.2% | $46.03 | +56.8% | Common | 857477103 |
| — | KKR & Co. L.P. | 2,326,754 | $47,303 | 0.2% | $18.23 | — | Partnership | 48248M102 |
| NOAH | Noah Holdings Ltd. ADS | 1,425,790 | $45,782 | 0.2% | $24.79 | — | ADR | 65487X102 |
| DUSA | Davis Select U.S. Equity | 2,060,000 | $45,238 | 0.2% | $21.03 | — | ETF | 23908L207 |
| — | Alleghany Corporation | 78,524 | $43,503 | 0.2% | $594.80 | — | Common | 017175100 |
| MRSH | Marsh & McLennan Co. | 510,212 | $42,761 | 0.2% | $39.43 | +75.5% | Common | 571748102 |
| PNC | PNC Financial Services Group, Inc. | 310,032 | $41,783 | 0.2% | $66.30 | +45.8% | Common | 693475105 |
| ETN | Eaton Corporation Plc | 534,224 | $40,959 | 0.2% | $47.08 | +35.6% | Common | G29183103 |
| DFNL | Davis Select Financial | 1,801,050 | $40,722 | 0.2% | $21.30 | — | ETF | 23908L108 |
| DWLD | Davis Select Worldwide | 1,612,800 | $39,401 | 0.2% | $22.09 | — | ETF | 23908L306 |
| SPG | Simon Property Group, Inc. | 233,037 | $37,521 | 0.2% | $105.64 | -3.6% | Common | 828806109 |
| SCHW | Charles Schwab Corp. | 827,632 | $36,201 | 0.2% | $19.38 | +91.8% | Common | 808513105 |
| — | Tarena International, Inc.,Class A, ADR | 2,458,979 | $35,778 | 0.2% | $15.63 | — | ADR | 876108101 |
| — | Diplomat Pharmacy, Inc. | 1,705,234 | $35,282 | 0.2% | $15.90 | — | Common | 25456K101 |
| VIPS | Vipshop Holdings Ltd. ADS | 3,659,664 | $32,215 | 0.1% | $14.78 | — | ADR | 92763W103 |
| — | Liberty Global PLC, LiLAC Class C | 1,377,197 | $32,089 | 0.1% | $33.02 | — | Common | G5480U153 |
| — | Liberty Interactive, Liberty Ventures, Series A | 528,715 | $30,428 | 0.1% | $36.87 | — | Common | 53071M856 |
| NVS | Novartis AG ADR | 350,186 | $30,063 | 0.1% | $74.64 | — | ADR | 66987V109 |
| — | Brookfield Asset Management Inc., Class A | 717,049 | $29,614 | 0.1% | $36.17 | — | ADR | 112585104 |
| SPGI | S&P Global, Inc. | 180,638 | $28,236 | 0.1% | $97.39 | +44.9% | Common | 78409V104 |
| MCO | Moody's Corp. | 202,766 | $28,227 | 0.1% | $73.12 | +66.8% | Common | 615369105 |
| — | Quotient Technology, Inc. | 1,785,168 | $27,927 | 0.1% | $6.82 | — | Common | 749119103 |
| AMAT | Applied Materials, Inc. | 505,017 | $26,224 | 0.1% | $20.01 | +105.7% | Common | 038222105 |
| — | CatchMark Timber Trust Inc., Class A | 1,997,328 | $25,186 | 0.1% | $11.06 | — | Common | 14912Y202 |
| AIG | American International Group. Inc. | 357,634 | $21,955 | 0.1% | $33.99 | +47.6% | Common | 026874784 |
| ESS | Essex Property Trust, Inc. | 83,276 | $21,155 | 0.1% | $128.92 | +52.4% | Common | 297178105 |
| PSA | Public Storage | 98,454 | $21,068 | 0.1% | $171.79 | -14.6% | Common | 74460D109 |
| BIDU | Baidu, Inc. Class A, ADR | 83,789 | $20,754 | 0.1% | $183.22 | — | ADR | 056752108 |
| — | Liberty Expedia Holdings, Inc. | 352,600 | $18,727 | 0.1% | $39.67 | — | Common | 53046P109 |
| — | Concho Resources Inc. | 136,047 | $17,923 | 0.1% | $127.66 | — | Common | 20605P101 |
| WELL | Welltower, Inc. | 252,553 | $17,749 | 0.1% | $44.94 | +20.0% | Common | 95040Q104 |
| TRNO | Terreno Realty Corp. | 484,604 | $17,533 | 0.1% | $20.93 | — | Common | 88146M101 |
| PLD | Prologis, Inc. | 263,530 | $16,724 | 0.1% | $39.25 | +24.2% | Common | 74340W103 |
| INTC | Intel Corp. | 422,981 | $16,091 | 0.1% | $29.18 | +1.4% | Common | 458140100 |
| SAP | SAP AG ADR | 141,865 | $15,537 | 0.1% | $76.09 | — | ADR | 803054204 |
| AVB | AvalonBay Communities, Inc. | 83,991 | $14,986 | 0.1% | $107.86 | +30.0% | Common | 053484101 |
| BXP | Boston Properties, Inc. | 121,572 | $14,939 | 0.1% | $76.40 | +9.6% | Common | 101121101 |
| EQR | Equity Residential | 221,717 | $14,618 | 0.1% | $44.80 | +9.7% | Common | 29476L107 |
| FR | First Industrial Realty Trust, Inc. | 485,082 | $14,596 | 0.1% | $20.95 | — | Common | 32054K103 |
| AKR | Acadia Realty Trust | 499,220 | $14,288 | 0.1% | $27.88 | — | Common | 004239109 |
| WY | Weyerhaeuser Co. | 397,704 | $13,534 | 0.1% | $22.33 | +6.0% | Common | 962166104 |
| — | Forest City Realty Trust, Inc., Class A | 526,236 | $13,424 | 0.1% | $23.11 | — | Common | 345605109 |
| — | CyrusOne, Inc. | 223,111 | $13,148 | 0.1% | $34.24 | — | Common | 23283R100 |
| — | GGP Inc. | 623,351 | $12,947 | 0.1% | $23.33 | — | Common | 36174X101 |
| MAA | Mid-America Apartment Communities, Inc | 119,564 | $12,779 | 0.1% | $67.12 | +17.1% | Common | 59522J103 |
| VNO | Vornado Realty Trust | 166,018 | $12,763 | 0.1% | $95.07 | — | Common | 929042109 |
| CPT | Camden Property Trust | 135,627 | $12,403 | 0.1% | $59.21 | +14.1% | Common | 133131102 |
| DGX | Quest Diagnostics Inc. | 132,655 | $12,382 | 0.1% | $47.64 | +88.7% | Common | 74834L100 |
| — | Retail Opportunity Investments Corp. | 647,274 | $12,305 | 0.1% | $18.49 | — | Common | 76131N101 |
| — | SL Green Realty Corp. | 117,429 | $11,898 | 0.1% | $106.05 | — | Common | 78440X101 |
| — | Cousins Properties, Inc. | 1,245,745 | $11,635 | 0.0% | $10.26 | — | Common | 222795106 |
| — | American Campus Communities, Inc. | 262,619 | $11,595 | 0.0% | $38.45 | — | Common | 024835100 |
| ARE | Alexandria Real Estate Equities, Inc. | 97,450 | $11,594 | 0.0% | $48.24 | +83.6% | Common | 015271109 |
| REG | Regency Centers Corporation | 180,867 | $11,221 | 0.0% | $46.50 | -1.1% | Common | 758849103 |
| — | Hudson Pacific Properties Inc. | 333,134 | $11,170 | 0.0% | $34.36 | — | Common | 444097109 |
| — | Life Storage, Inc. | 131,521 | $10,760 | 0.0% | $85.26 | — | Common | 53223X107 |
| — | Federal Realty Investment Trust | 85,236 | $10,587 | 0.0% | $120.77 | — | Common | 313747206 |
| HST | Host Hotels & Resorts, Inc. | 537,617 | $9,941 | 0.0% | $10.91 | +20.6% | Common | 44107P104 |
| — | DCT Industrial Trust, Inc. | 168,661 | $9,769 | 0.0% | $35.40 | — | Common | 233153204 |
| — | Apartment Investment & Management | 218,572 | $9,587 | 0.0% | $39.53 | — | Common | 03748R101 |
| CUBE | CubeSmart | 368,895 | $9,577 | 0.0% | $26.77 | — | Common | 229663109 |
| — | EQT Midstream Partners L.P. | 126,102 | $9,454 | 0.0% | $78.65 | — | Partnership | 26885B100 |
| KIM | Kimco Realty Corp. | 461,480 | $9,022 | 0.0% | $12.87 | 0.0% | Common | 49446R109 |
| REXR | Rexford Industrial Realty, Inc. | 314,670 | $9,006 | 0.0% | $22.63 | — | Common | 76169C100 |
| VTR | Ventas, Inc. | 138,212 | $9,002 | 0.0% | $45.86 | +2.7% | Common | 92276F100 |
| EXR | Extra Space Storage, Inc. | 111,088 | $8,878 | 0.0% | $59.82 | -4.9% | Common | 30225T102 |
| EGP | EastGroup Properties, Inc. | 97,746 | $8,613 | 0.0% | $57.53 | — | Common | 277276101 |
| CCI | Crown Castle International Corp. | 85,455 | $8,544 | 0.0% | $54.50 | +31.9% | Common | 22822V101 |
| — | Ctrip.com International, Ltd. ADR | 119,561 | $6,306 | 0.0% | $43.30 | — | ADR | 22943F100 |
| — | Liberty TripAdvisor Holdings, Inc., Series A | 500,514 | $6,181 | 0.0% | $33.90 | — | Common | 531465102 |
| IBN | ICICI Bank Limited ADR | 690,574 | $5,911 | 0.0% | $16.17 | — | ADR | 45104G104 |
| — | InterXion Holding NV | 99,896 | $5,088 | 0.0% | $32.10 | — | Common | N47279109 |
| — | CommerceHub, Inc., Series C | 176,298 | $3,764 | 0.0% | $15.91 | — | Common | 20084V306 |
| — | Cedar Realty Trust, Inc. | 554,706 | $3,117 | 0.0% | $6.80 | — | Common | 150602209 |
| BRX | Brixmor Property Group, Inc. | 152,870 | $2,874 | 0.0% | $18.80 | — | Common | 11120U105 |
| JBGS | JBG SMITH Properties | 83,006 | $2,840 | 0.0% | $34.21 | — | Common | 46590V100 |
| KRG | Kite Realty Group Trust | 139,687 | $2,829 | 0.0% | $25.58 | — | Common | 49803T300 |
| — | Ramco-Gershenson Properties Trust | 207,051 | $2,694 | 0.0% | $16.22 | — | Common | 751452202 |
| — | CommerceHub, Inc., Series A | 88,051 | $1,987 | 0.0% | $15.80 | — | Common | 20084V108 |
| — | 58.com, Inc. ADR | 30,176 | $1,905 | 0.0% | $38.26 | — | ADR | 31680Q104 |
| — | DDR Corporation | 186,013 | $1,704 | 0.0% | $18.04 | — | Common | 23317H102 |
| — | LendingClub Corp. | 188,220 | $1,146 | 0.0% | $22.45 | — | Common | 52603A109 |
| DXC | DXC Technology Co. | 11,319 | $972 | 0.0% | $64.92 | +3.8% | Common | 23355L106 |
| — | DowDuPont Inc. | 13,810 | $956 | 0.0% | $69.23 | — | Common | 26078J100 |
| — | Lam Research Corp. | 3,485 | $645 | 0.0% | $83.02 | — | Common | 512807108 |
| PPG | PPG Industries, Inc. | 5,470 | $594 | 0.0% | $86.33 | +5.5% | Common | 693506107 |
| — | Xilinx, Inc. | 7,920 | $561 | 0.0% | $46.83 | — | Common | 983919101 |
| HPQ | HP, Inc. | 20,830 | $416 | 0.0% | $7.89 | +82.9% | Common | 40434L105 |
| BBU | Brookfield Business Partners, L.P. | 13,307 | $395 | 0.0% | $19.09 | — | Partnership | G16234109 |
| APD | Air Products & Chemicals, Inc. | 1,872 | $283 | 0.0% | $61.55 | +93.6% | Common | 009158106 |
| IVE | iShares S&P 500 Value Index Fund | 2,237 | $241 | 0.0% | $107.73 | — | ETF | 464287408 |
| PCAR | PACCAR, Inc. | 3,156 | $228 | 0.0% | $21.70 | +49.3% | Common | 693718108 |
| — | Jumei International ADR | 59,940 | $174 | 0.0% | $22.57 | — | ADR | 48138L107 |