CIK: 0001036325 · Show all filings
Period: Q4 2017 (← Previous) (Next →)
Filing Date: Feb 13, 2018
Total Value ($000): $23,541,692 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 1,486,864 | $1,738,843 | 7.4% | $16.54 | +232.6% | Common | 023135106 |
| WFC | Wells Fargo & Co. | 26,237,640 | $1,591,838 | 6.8% | $28.63 | +57.5% | Common | 949746101 |
| JPM | JPMorgan Chase & Co. | 12,589,233 | $1,346,293 | 5.7% | $40.83 | +99.2% | Common | 46625H100 |
| BRK/A | Berkshire Hathaway Inc., Class A | 4,125 | $1,227,600 | 5.2% | $168191.69 | +69.3% | Common | 084670108 |
| GOOG | Alphabet Inc., Class C | 1,164,907 | $1,218,958 | 5.2% | $35.82 | +41.0% | Common | 02079K107 |
| COF | Capital One Financial Corp. | 11,898,226 | $1,184,825 | 5.0% | $69.44 | +14.2% | Common | 14040H105 |
| BK | Bank of New York Mellon Corp. | 19,535,957 | $1,052,207 | 4.5% | $22.02 | +93.7% | Common | 064058100 |
| — | United Technologies Corp. | 7,599,394 | $969,455 | 4.1% | $89.73 | — | Common | 913017109 |
| — | Apache Corporation | 20,650,094 | $871,847 | 3.7% | $48.01 | — | Common | 037411105 |
| — | Encana Corporation | 61,421,348 | $818,747 | 3.5% | $13.99 | — | ADR | 292505104 |
| AXP | American Express Co. | 7,788,769 | $773,503 | 3.3% | $59.62 | +43.0% | Common | 025816109 |
| GOOGL | Alphabet Inc., Class A | 701,479 | $738,938 | 3.1% | $36.73 | +39.5% | Common | 02079K305 |
| JCI | Johnson Controls International PLC | 17,146,373 | $653,448 | 2.8% | $33.06 | -1.8% | Common | G51502105 |
| BABA | Alibaba Group Holding Ltd. ADR | 3,492,429 | $602,200 | 2.6% | $162.66 | — | ADR | 01609W102 |
| META | Facebook, Inc. | 3,396,248 | $599,302 | 2.5% | $110.09 | +59.4% | Common | 30303M102 |
| ADNT | Adient PLC | 7,550,983 | $594,262 | 2.5% | $52.03 | +52.9% | Common | G0084W101 |
| — | Aetna Inc. | 3,255,479 | $587,256 | 2.5% | $121.11 | — | Common | 00817Y108 |
| TXN | Texas Instruments, Inc. | 5,048,968 | $527,314 | 2.2% | $29.01 | +167.7% | Common | 882508104 |
| CTRA | Cabot Oil & Gas Corp. | 14,430,824 | $412,722 | 1.8% | $22.96 | -12.2% | Common | 127097103 |
| FDX | FedEx Corp. | 1,622,989 | $405,001 | 1.7% | $169.40 | +17.5% | Common | 31428X106 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,773,272 | $351,498 | 1.5% | $123.03 | +54.3% | Common | 084670702 |
| — | Liberty Global PLC, Series C | 9,962,415 | $337,128 | 1.4% | $51.51 | — | Common | G5480U120 |
| AXTA | Axalta Coating Systems Ltd. | 9,577,113 | $309,915 | 1.3% | $28.60 | +10.7% | Common | G0750C108 |
| MSFT | Microsoft Corp. | 3,452,947 | $295,365 | 1.3% | $26.70 | +181.8% | Common | 594918104 |
| — | Express Scripts Holding Co. | 3,916,700 | $292,342 | 1.2% | $66.37 | — | Common | 30219G108 |
| MKL | Markel Corp. | 256,000 | $291,617 | 1.2% | $551.22 | +98.3% | Common | 570535104 |
| OXY | Occidental Petroleum Corp. | 3,490,276 | $257,094 | 1.1% | $52.95 | +4.1% | Common | 674599105 |
| L | Loews Corp. | 4,731,662 | $236,725 | 1.0% | $42.08 | +13.3% | Common | 540424108 |
| — | Aptiv PLC | 2,496,817 | $211,805 | 0.9% | $84.83 | — | Common | G6095L109 |
| CB | Chubb Ltd. | 1,436,856 | $209,968 | 0.9% | $96.06 | +34.9% | Common | H1467J104 |
| ORCL | Oracle Corporation | 3,892,317 | $184,029 | 0.8% | $27.58 | +57.7% | Common | 68389X105 |
| — | Fang Holdings Ltd | 27,667,470 | $154,384 | 0.7% | $4.19 | — | ADR | 30711Y102 |
| — | The Priceline Group, Inc. | 70,140 | $121,885 | 0.5% | $1014.43 | — | Common | 741503403 |
| JD | JD.com, Inc ADR | 2,480,374 | $102,737 | 0.4% | $26.19 | — | ADR | 47215P106 |
| — | New Oriental Education & Technology ADR | 1,076,958 | $101,234 | 0.4% | $57.92 | — | ADR | 647581107 |
| — | Hollysys Automation Technologies Ltd. | 4,531,409 | $100,914 | 0.4% | $18.01 | — | ADR | G45667105 |
| USB | US Bancorp | 1,511,316 | $80,976 | 0.3% | $29.70 | +31.5% | Common | 902973304 |
| V | Visa, Inc., Class A | 699,583 | $79,766 | 0.3% | $55.96 | +86.5% | Common | 92826C839 |
| DUSA | Davis Select U.S. Equity | 2,803,000 | $65,587 | 0.3% | $21.66 | — | ETF | 23908L207 |
| GS | Goldman Sachs Group, Inc. | 257,264 | $65,541 | 0.3% | $124.19 | +65.2% | Common | 38141G104 |
| — | Tarena International, Inc.,Class A, ADR | 4,347,615 | $65,171 | 0.3% | $15.35 | — | ADR | 876108101 |
| ZTO | ZTO Express Cayman, Inc. ADR | 4,029,153 | $63,862 | 0.3% | $12.54 | — | ADR | 98980A105 |
| NOAH | Noah Holdings Ltd. ADS | 1,368,557 | $63,337 | 0.3% | $24.79 | — | ADR | 65487X102 |
| EG | Everest Re Group, Ltd. | 235,042 | $52,005 | 0.2% | $113.03 | +68.6% | Common | G3223R108 |
| — | ANGI Homeservices Inc., Class A | 4,953,268 | $51,811 | 0.2% | $10.46 | — | Common | 00183L102 |
| — | KKR & Co. L.P. | 2,417,341 | $50,909 | 0.2% | $18.34 | — | Partnership | 48248M102 |
| — | Liberty Interactive Corp., QVC Group, Series A | 2,046,649 | $49,979 | 0.2% | $23.18 | — | Common | 53071M104 |
| STT | State Street Corp. | 507,740 | $49,561 | 0.2% | $46.59 | +59.7% | Common | 857477103 |
| — | Alleghany Corporation | 79,789 | $47,561 | 0.2% | $594.82 | — | Common | 017175100 |
| TAL | TAL Education Group, Class A, ADR | 1,561,180 | $46,383 | 0.2% | $41.86 | — | ADR | 874080104 |
| PNC | PNC Financial Services Group, Inc. | 316,173 | $45,621 | 0.2% | $67.05 | +56.1% | Common | 693475105 |
| SCHW | Charles Schwab Corp. | 846,768 | $43,498 | 0.2% | $19.89 | +111.8% | Common | 808513105 |
| DFNL | Davis Select Financial | 1,814,550 | $43,458 | 0.2% | $21.30 | — | ETF | 23908L108 |
| DWLD | Davis Select Worldwide | 1,650,800 | $43,317 | 0.2% | $22.18 | — | ETF | 23908L306 |
| SPG | Simon Property Group, Inc. | 246,427 | $42,321 | 0.2% | $105.59 | -0.8% | Common | 828806109 |
| VIPS | Vipshop Holdings Ltd. ADS | 3,277,318 | $38,410 | 0.2% | $14.78 | — | ADR | 92763W103 |
| — | Delphi Technologies PLC | 704,943 | $36,988 | 0.2% | $52.47 | — | Common | G2709G107 |
| — | Diplomat Pharmacy, Inc. | 1,799,128 | $36,108 | 0.2% | $16.12 | — | Common | 25456K101 |
| — | Brookfield Asset Management Inc., Class A | 733,011 | $31,915 | 0.1% | $36.33 | — | ADR | 112585104 |
| — | Liberty Interactive, Liberty Ventures, Series A | 522,118 | $28,320 | 0.1% | $36.87 | — | Common | 53071M856 |
| NVS | Novartis AG ADR | 319,186 | $26,799 | 0.1% | $74.64 | — | ADR | 66987V109 |
| ETN | Eaton Corporation Plc | 335,951 | $26,543 | 0.1% | $47.08 | +40.7% | Common | G29183103 |
| AMAT | Applied Materials, Inc. | 503,225 | $25,725 | 0.1% | $20.01 | +147.0% | Common | 038222105 |
| MRSH | Marsh & McLennan Co. | 306,784 | $24,969 | 0.1% | $39.43 | +84.8% | Common | 571748102 |
| — | Liberty Global PLC, LiLAC Class C | 1,238,925 | $24,642 | 0.1% | $33.02 | — | Common | G5480U153 |
| BIDU | Baidu, Inc. Class A, ADR | 93,223 | $21,834 | 0.1% | $188.38 | — | ADR | 056752108 |
| AIG | American International Group. Inc. | 365,316 | $21,766 | 0.1% | $34.32 | +44.9% | Common | 026874784 |
| — | Quotient Technology, Inc. | 1,790,438 | $21,038 | 0.1% | $6.82 | — | Common | 749119103 |
| PSA | Public Storage | 98,584 | $20,604 | 0.1% | $171.79 | -11.9% | Common | 74460D109 |
| — | Concho Resources Inc. | 136,907 | $20,566 | 0.1% | $127.66 | — | Common | 20605P101 |
| ESS | Essex Property Trust, Inc. | 83,436 | $20,139 | 0.1% | $128.92 | +48.3% | Common | 297178105 |
| INTC | Intel Corp. | 427,118 | $19,716 | 0.1% | $29.18 | +25.2% | Common | 458140100 |
| AKR | Acadia Realty Trust | 710,700 | $19,445 | 0.1% | $27.73 | — | Common | 004239109 |
| — | EQT Midstream Partners L.P. | 235,264 | $17,198 | 0.1% | $76.08 | — | Partnership | 26885B100 |
| IVE | iShares S&P 500 Value Index Fund | 149,732 | $17,105 | 0.1% | $114.14 | — | ETF | 464287408 |
| PLD | Prologis, Inc. | 264,760 | $17,080 | 0.1% | $39.25 | +32.5% | Common | 74340W103 |
| WELL | Welltower, Inc. | 253,523 | $16,167 | 0.1% | $44.94 | +12.1% | Common | 95040Q104 |
| SAP | SAP AG ADR | 142,826 | $16,048 | 0.1% | $76.09 | — | ADR | 803054204 |
| BXP | Boston Properties, Inc. | 121,572 | $15,808 | 0.1% | $76.40 | +14.2% | Common | 101121101 |
| — | Liberty Expedia Holdings, Inc. | 348,194 | $15,435 | 0.1% | $39.67 | — | Common | 53046P109 |
| FR | First Industrial Realty Trust, Inc. | 486,422 | $15,308 | 0.1% | $20.95 | — | Common | 32054K103 |
| AVB | AvalonBay Communities, Inc. | 84,111 | $15,006 | 0.1% | $107.86 | +27.0% | Common | 053484101 |
| UNH | UnitedHealth Group, Inc. | 66,706 | $14,706 | 0.1% | $51.13 | +263.9% | Common | 91324P102 |
| — | CatchMark Timber Trust Inc., Class A | 1,114,015 | $14,627 | 0.1% | $11.06 | — | Common | 14912Y202 |
| EQR | Equity Residential | 221,058 | $14,097 | 0.1% | $44.80 | +10.1% | Common | 29476L107 |
| DGX | Quest Diagnostics Inc. | 132,697 | $13,069 | 0.1% | $47.64 | +69.3% | Common | 74834L100 |
| — | Retail Opportunity Investments Corp. | 649,424 | $12,956 | 0.1% | $18.49 | — | Common | 76131N101 |
| ARE | Alexandria Real Estate Equities, Inc. | 97,800 | $12,772 | 0.1% | $48.24 | +93.9% | Common | 015271109 |
| — | Forest City Realty Trust, Inc., Class A | 527,436 | $12,711 | 0.1% | $23.11 | — | Common | 345605109 |
| REG | Regency Centers Corporation | 181,527 | $12,558 | 0.1% | $46.50 | +2.2% | Common | 758849103 |
| CPT | Camden Property Trust | 136,012 | $12,521 | 0.1% | $59.21 | +18.5% | Common | 133131102 |
| REXR | Rexford Industrial Realty, Inc. | 408,072 | $11,899 | 0.1% | $24.13 | — | Common | 76169C100 |
| — | SL Green Realty Corp. | 117,829 | $11,892 | 0.1% | $106.05 | — | Common | 78440X101 |
| — | Life Storage, Inc. | 131,991 | $11,756 | 0.0% | $85.26 | — | Common | 53223X107 |
| — | Cousins Properties, Inc. | 1,250,085 | $11,563 | 0.0% | $10.26 | — | Common | 222795106 |
| — | Hudson Pacific Properties Inc. | 335,314 | $11,485 | 0.0% | $34.36 | — | Common | 444097109 |
| TRNO | Terreno Realty Corp. | 327,249 | $11,473 | 0.0% | $20.93 | — | Common | 88146M101 |
| — | Federal Realty Investment Trust | 85,496 | $11,355 | 0.0% | $120.77 | — | Common | 313747206 |
| — | Ctrip.com International, Ltd. ADR | 256,991 | $11,333 | 0.0% | $43.73 | — | ADR | 22943F100 |
| WY | Weyerhaeuser Co. | 317,539 | $11,196 | 0.0% | $22.33 | +15.3% | Common | 962166104 |
| — | American Campus Communities, Inc. | 263,189 | $10,799 | 0.0% | $38.45 | — | Common | 024835100 |
| HST | Host Hotels & Resorts, Inc. | 539,227 | $10,704 | 0.0% | $10.91 | +31.4% | Common | 44107P104 |
| CUBE | CubeSmart | 370,025 | $10,701 | 0.0% | $26.77 | — | Common | 229663109 |
| — | DCT Industrial Trust, Inc. | 169,061 | $9,937 | 0.0% | $35.40 | — | Common | 233153204 |
| EXR | Extra Space Storage, Inc. | 111,398 | $9,742 | 0.0% | $59.82 | +4.0% | Common | 30225T102 |
| CCI | Crown Castle International Corp. | 85,655 | $9,509 | 0.0% | $54.50 | +40.4% | Common | 22822V101 |
| BDN | Brandywine Realty Trust | 483,936 | $8,803 | 0.0% | $18.19 | — | Common | 105368203 |
| EGP | EastGroup Properties, Inc. | 98,026 | $8,664 | 0.0% | $57.53 | — | Common | 277276101 |
| — | CyrusOne, Inc. | 145,345 | $8,652 | 0.0% | $34.24 | — | Common | 23283R100 |
| — | GGP Inc. | 367,591 | $8,598 | 0.0% | $23.33 | — | Common | 36174X101 |
| KIM | Kimco Realty Corp. | 463,030 | $8,404 | 0.0% | $12.87 | -3.2% | Common | 49446R109 |
| VTR | Ventas, Inc. | 139,182 | $8,352 | 0.0% | $45.86 | -2.9% | Common | 92276F100 |
| VNO | Vornado Realty Trust | 93,308 | $7,295 | 0.0% | $95.07 | — | Common | 929042109 |
| IBN | ICICI Bank Limited ADR | 690,574 | $6,719 | 0.0% | $16.17 | — | ADR | 45104G104 |
| JBGS | JBG SMITH Properties | 173,348 | $6,020 | 0.0% | $34.48 | — | Common | 46590V100 |
| — | Liberty TripAdvisor Holdings, Inc., Series A | 494,270 | $4,658 | 0.0% | $33.90 | — | Common | 531465102 |
| — | InterXion Holding NV | 64,266 | $3,787 | 0.0% | $32.10 | — | Common | N47279109 |
| — | CommerceHub, Inc., Series C | 174,105 | $3,585 | 0.0% | $15.91 | — | Common | 20084V306 |
| — | Monsanto Co. | 29,320 | $3,424 | 0.0% | $86.72 | — | Common | 61166W101 |
| — | Cedar Realty Trust, Inc. | 554,706 | $3,373 | 0.0% | $6.80 | — | Common | 150602209 |
| — | Ramco-Gershenson Properties Trust | 207,051 | $3,050 | 0.0% | $16.22 | — | Common | 751452202 |
| BRX | Brixmor Property Group, Inc. | 152,870 | $2,853 | 0.0% | $18.80 | — | Common | 11120U105 |
| INVH | Invitation Homes, Inc. | 119,366 | $2,813 | 0.0% | $18.66 | 0.0% | Common | 46187W107 |
| AMH | American Homes 4 Rent, Class A | 127,782 | $2,791 | 0.0% | $21.84 | — | Common | 02665T306 |
| KRG | Kite Realty Group Trust | 139,687 | $2,738 | 0.0% | $25.58 | — | Common | 49803T300 |
| COST | Costco Wholesale Corp. | 13,590 | $2,529 | 0.0% | $86.56 | +78.4% | Common | 22160K105 |
| — | 58.com, Inc. ADR | 30,086 | $2,153 | 0.0% | $38.26 | — | ADR | 31680Q104 |
| — | CommerceHub, Inc., Series A | 86,955 | $1,912 | 0.0% | $15.80 | — | Common | 20084V108 |
| — | DDR Corporation | 186,013 | $1,667 | 0.0% | $18.04 | — | Common | 23317H102 |
| — | Praxair, Inc. | 7,956 | $1,231 | 0.0% | $124.28 | — | Common | 74005P104 |
| DXC | DXC Technology Co. | 11,319 | $1,074 | 0.0% | $64.92 | +18.4% | Common | 23355L106 |
| MCO | Moody's Corp. | 7,190 | $1,061 | 0.0% | $73.12 | +86.4% | Common | 615369105 |
| — | DowDuPont Inc. | 12,000 | $855 | 0.0% | $69.23 | — | Common | 26078J100 |
| — | Lam Research Corp. | 3,485 | $641 | 0.0% | $83.02 | — | Common | 512807108 |
| PPG | PPG Industries, Inc. | 5,470 | $639 | 0.0% | $86.33 | +14.7% | Common | 693506107 |
| ECL | Ecolab, Inc. | 4,358 | $585 | 0.0% | $74.29 | +64.0% | Common | 278865100 |
| — | Xilinx, Inc. | 7,920 | $534 | 0.0% | $46.83 | — | Common | 983919101 |
| IWV | iShares Russell 3000 Index Fund | 3,331 | $527 | 0.0% | $158.21 | — | ETF | 464287689 |
| BBU | Brookfield Business Partners, L.P. | 13,307 | $459 | 0.0% | $19.09 | — | Partnership | G16234109 |
| HPQ | HP, Inc. | 20,830 | $438 | 0.0% | $7.89 | +105.7% | Common | 40434L105 |
| KMX | CarMax, Inc. | 5,742 | $368 | 0.0% | $46.21 | +54.4% | Common | 143130102 |
| APD | Air Products & Chemicals, Inc. | 1,883 | $309 | 0.0% | $61.55 | +111.7% | Common | 009158106 |
| PCAR | PACCAR, Inc. | 3,167 | $225 | 0.0% | $21.70 | +57.6% | Common | 693718108 |