CIK: 0001036325 · Show all filings
Period: Q1 2018 (← Previous) (Next →)
Filing Date: May 14, 2018
Total Value ($000): $23,118,185 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 1,139,761 | $1,649,622 | 7.1% | $16.54 | +332.3% | Common | 023135106 |
| WFC | Wells Fargo & Co. | 26,676,903 | $1,398,136 | 6.0% | $28.95 | +64.9% | Common | 949746101 |
| JPM | JPMorgan Chase & Co. | 12,136,523 | $1,334,653 | 5.8% | $40.83 | +123.9% | Common | 46625H100 |
| COF | Capital One Financial Corp. | 13,368,267 | $1,280,947 | 5.5% | $71.36 | +21.7% | Common | 14040H105 |
| BRK/A | Berkshire Hathaway Inc., Class A | 3,952 | $1,182,043 | 5.1% | $168191.69 | +83.3% | Common | 084670108 |
| GOOG | Alphabet Inc., Class C | 1,144,081 | $1,180,451 | 5.1% | $35.82 | +52.9% | Common | 02079K107 |
| BK | Bank of New York Mellon Corp. | 19,143,658 | $986,473 | 4.3% | $22.02 | +103.1% | Common | 064058100 |
| — | United Technologies Corp. | 7,570,243 | $952,488 | 4.1% | $89.73 | — | Common | 913017109 |
| — | Apache Corporation | 23,869,802 | $918,510 | 4.0% | $46.72 | — | Common | 037411105 |
| JCI | Johnson Controls International PLC | 22,417,989 | $790,010 | 3.4% | $32.76 | -3.0% | Common | G51502105 |
| — | Aetna Inc. | 4,569,931 | $772,318 | 3.3% | $134.88 | — | Common | 00817Y108 |
| BABA | Alibaba Group Holding Ltd. ADR | 3,863,816 | $709,165 | 3.1% | $164.67 | — | ADR | 01609W102 |
| AXP | American Express Co. | 7,543,585 | $703,666 | 3.0% | $59.62 | +45.9% | Common | 025816109 |
| GOOGL | Alphabet Inc., Class A | 675,232 | $700,310 | 3.0% | $36.73 | +49.8% | Common | 02079K305 |
| — | Encana Corporation | 60,463,280 | $665,096 | 2.9% | $13.99 | — | ADR | 292505104 |
| META | Facebook, Inc. | 3,891,049 | $621,751 | 2.7% | $118.77 | +50.1% | Common | 30303M102 |
| TXN | Texas Instruments, Inc. | 4,944,319 | $513,665 | 2.2% | $29.01 | +199.3% | Common | 882508104 |
| ADNT | Adient PLC | 8,001,944 | $478,196 | 2.1% | $52.81 | +25.0% | Common | G0084W101 |
| — | New Oriental Education & Technology ADR | 4,754,390 | $416,722 | 1.8% | $80.92 | — | ADR | 647581107 |
| FDX | FedEx Corp. | 1,653,963 | $397,133 | 1.7% | $170.35 | +29.4% | Common | 31428X106 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,842,892 | $367,620 | 1.6% | $126.14 | +62.8% | Common | 084670702 |
| MSFT | Microsoft Corp. | 3,327,972 | $303,744 | 1.3% | $26.70 | +215.7% | Common | 594918104 |
| MKL | Markel Corp. | 252,800 | $295,839 | 1.3% | $551.22 | +104.2% | Common | 570535104 |
| — | Shire Plc., ADR | 1,860,234 | $277,900 | 1.2% | $149.39 | — | ADR | 82481R106 |
| AXTA | Axalta Coating Systems Ltd. | 8,883,246 | $268,185 | 1.2% | $28.60 | +9.3% | Common | G0750C108 |
| — | Liberty Global PLC, Series C | 8,735,594 | $265,824 | 1.1% | $51.51 | — | Common | G5480U120 |
| L | Loews Corp. | 4,598,480 | $228,682 | 1.0% | $42.08 | +16.0% | Common | 540424108 |
| OXY | Occidental Petroleum Corp. | 3,404,947 | $221,185 | 1.0% | $52.95 | +8.5% | Common | 674599105 |
| CB | Chubb Ltd. | 1,390,969 | $190,243 | 0.8% | $96.06 | +31.4% | Common | H1467J104 |
| ORCL | Oracle Corporation | 3,758,247 | $171,940 | 0.7% | $27.58 | +60.4% | Common | 68389X105 |
| — | Aptiv PLC | 1,819,720 | $154,622 | 0.7% | $84.83 | — | Common | G6095L109 |
| BKNG | Booking Holdings, Inc. | 66,815 | $139,001 | 0.6% | $1933.58 | 0.0% | Common | 09857L108 |
| — | Fang Holdings Ltd. | 25,776,782 | $132,493 | 0.6% | $4.19 | — | ADR | 30711Y102 |
| — | Hollysys Automation Technologies Ltd. | 5,242,366 | $129,591 | 0.6% | $18.92 | — | ADR | G45667105 |
| NTB | The Bank of N.T. Butterfield & Son Ltd. | 2,344,364 | $105,215 | 0.5% | $29.37 | 0.0% | Common | G0772R208 |
| JD | JD.com, Inc., Class A, ADR | 2,564,558 | $103,839 | 0.4% | $26.66 | — | ADR | 47215P106 |
| USB | US Bancorp | 1,727,343 | $87,231 | 0.4% | $30.98 | +28.9% | Common | 902973304 |
| V | Visa, Inc., Class A | 683,829 | $81,800 | 0.4% | $55.96 | +105.1% | Common | 92826C839 |
| DUSA | Davis Select U.S. Equity | 3,019,820 | $69,653 | 0.3% | $21.76 | — | ETF | 23908L207 |
| GS | Goldman Sachs Group, Inc. | 255,571 | $64,368 | 0.3% | $124.19 | +75.9% | Common | 38141G104 |
| EG | Everest Re Group, Ltd. | 233,213 | $59,894 | 0.3% | $113.03 | +80.4% | Common | G3223R108 |
| — | Tarena International, Inc.,Class A, ADR | 4,862,181 | $54,554 | 0.2% | $14.92 | — | ADR | 876108101 |
| TAL | TAL Education Group, Class A, ADR | 1,460,406 | $54,166 | 0.2% | $41.86 | — | ADR | 874080104 |
| CTRA | Cabot Oil & Gas Corp. | 2,107,681 | $50,542 | 0.2% | $22.96 | -17.6% | Common | 127097103 |
| — | Liberty Interactive Corp., QVC Group, Series A | 1,967,463 | $49,521 | 0.2% | $23.18 | — | Common | 53071M104 |
| — | Alleghany Corporation | 80,504 | $49,465 | 0.2% | $594.82 | — | Common | 017175100 |
| STT | State Street Corp. | 490,960 | $48,963 | 0.2% | $46.59 | +75.9% | Common | 857477103 |
| — | KKR & Co. L.P. | 2,397,586 | $48,671 | 0.2% | $18.34 | — | Partnership | 48248M102 |
| NOAH | Noah Holdings Ltd. ADS | 1,026,208 | $48,447 | 0.2% | $24.79 | — | ADR | 65487X102 |
| PNC | PNC Financial Services Group, Inc. | 306,961 | $46,425 | 0.2% | $67.05 | +76.3% | Common | 693475105 |
| IQ | iQIYI Inc., Class A, ADR | 2,850,400 | $44,324 | 0.2% | $15.55 | — | ADR | 46267X108 |
| DFNL | Davis Select Financial | 1,840,055 | $44,088 | 0.2% | $21.33 | — | ETF | 23908L108 |
| DWLD | Davis Select Worldwide | 1,685,395 | $43,753 | 0.2% | $22.26 | — | ETF | 23908L306 |
| SCHW | Charles Schwab Corp. | 816,812 | $42,654 | 0.2% | $19.89 | +142.0% | Common | 808513105 |
| ZTO | ZTO Express Cayman, Inc., Class A, ADR | 2,801,230 | $41,990 | 0.2% | $12.54 | — | ADR | 98980A105 |
| — | ANGI Homeservices Inc., Class A | 2,928,710 | $39,772 | 0.2% | $10.46 | — | Common | 00183L102 |
| — | Quotient Technology, Inc. | 3,017,402 | $39,528 | 0.2% | $9.37 | — | Common | 749119103 |
| INTC | Intel Corp. | 738,476 | $38,460 | 0.2% | $33.77 | +18.6% | Common | 458140100 |
| — | Oaktree Capital Group LLC | 913,476 | $36,174 | 0.2% | $39.60 | — | Partnership | 674001201 |
| SPG | Simon Property Group, Inc. | 205,130 | $31,662 | 0.1% | $105.59 | -1.7% | Common | 828806109 |
| QRVO | Qorvo, Inc. | 426,274 | $30,031 | 0.1% | $75.36 | 0.0% | Common | 74736K101 |
| AMAT | Applied Materials, Inc. | 508,802 | $28,294 | 0.1% | $20.35 | +150.0% | Common | 038222105 |
| — | Brookfield Asset Management Inc., Class A | 712,563 | $27,790 | 0.1% | $36.33 | — | ADR | 112585104 |
| ETN | Eaton Corporation Plc | 338,868 | $27,079 | 0.1% | $47.08 | +49.3% | Common | G29183103 |
| — | Express Scripts Holding Co. | 385,436 | $26,626 | 0.1% | $66.37 | — | Common | 30219G108 |
| — | GCI Liberty Inc., Class A | 497,528 | $26,299 | 0.1% | $52.86 | — | Common | 36164V305 |
| MRSH | Marsh & McLennan Co. | 309,670 | $25,576 | 0.1% | $39.43 | +84.8% | Common | 571748102 |
| BIDU | Baidu, Inc. Class A, ADR | 101,433 | $22,639 | 0.1% | $191.20 | — | ADR | 056752108 |
| LILAK | Liberty Latin America Ltd., Class C | 1,181,665 | $22,558 | 0.1% | $20.25 | 0.0% | Common | G9001E128 |
| AIG | American International Group. Inc. | 363,048 | $19,757 | 0.1% | $34.32 | +40.1% | Common | 026874784 |
| — | EQT Midstream Partners L.P. | 329,755 | $19,465 | 0.1% | $71.19 | — | Partnership | 26885B100 |
| PLD | Prologis, Inc. | 305,696 | $19,256 | 0.1% | $40.68 | +22.6% | Common | 74340W103 |
| AVB | AvalonBay Communities, Inc. | 116,282 | $19,124 | 0.1% | $112.52 | +10.8% | Common | 053484101 |
| EQIX | Equinix, Inc | 42,784 | $17,890 | 0.1% | $361.54 | 0.0% | Common | 29444U700 |
| — | The Blackstone Group L.P. | 549,980 | $17,572 | 0.1% | $31.95 | — | Common | 09253U108 |
| PSA | Public Storage | 85,125 | $17,058 | 0.1% | $171.79 | -18.0% | Common | 74460D109 |
| NVS | Novartis AG ADR | 205,456 | $16,611 | 0.1% | $74.64 | — | ADR | 66987V109 |
| SAP | SAP AG ADR | 146,384 | $15,394 | 0.1% | $76.80 | — | ADR | 803054204 |
| BXP | Boston Properties, Inc. | 121,835 | $15,013 | 0.1% | $76.40 | +11.4% | Common | 101121101 |
| — | Forest City Realty Trust, Inc., Class A | 732,836 | $14,847 | 0.1% | $22.31 | — | Common | 345605109 |
| ESS | Essex Property Trust, Inc. | 60,326 | $14,519 | 0.1% | $128.92 | +36.5% | Common | 297178105 |
| FR | First Industrial Realty Trust, Inc. | 486,907 | $14,232 | 0.1% | $20.95 | — | Common | 32054K103 |
| — | Ctrip.com International, Ltd. ADR | 303,839 | $14,165 | 0.1% | $44.17 | — | ADR | 22943F100 |
| EQR | Equity Residential | 221,390 | $13,642 | 0.1% | $44.80 | -1.2% | Common | 29476L107 |
| DGX | Quest Diagnostics, Inc. | 133,375 | $13,378 | 0.1% | $47.64 | +83.7% | Common | 74834L100 |
| — | Liberty Expedia Holdings, Inc. | 331,824 | $13,034 | 0.1% | $39.67 | — | Common | 53046P109 |
| CPT | Camden Property Trust | 151,794 | $12,778 | 0.1% | $59.69 | +6.9% | Common | 133131102 |
| EXR | Extra Space Storage, Inc. | 143,983 | $12,578 | 0.1% | $60.46 | +3.6% | Common | 30225T102 |
| ARE | Alexandria Real Estate Equities, Inc. | 97,874 | $12,223 | 0.1% | $48.24 | +92.4% | Common | 015271109 |
| UNH | UnitedHealth Group, Inc. | 55,035 | $11,778 | 0.1% | $51.13 | +293.4% | Common | 91324P102 |
| REXR | Rexford Industrial Realty, Inc. | 408,031 | $11,747 | 0.1% | $24.13 | — | Common | 76169C100 |
| WELL | Welltower, Inc. | 214,011 | $11,649 | 0.1% | $44.94 | -4.4% | Common | 95040Q104 |
| DLR | Digital Realty Trust, Inc. | 110,084 | $11,601 | 0.1% | $80.05 | 0.0% | Common | 253868103 |
| AKR | Acadia Realty Trust | 467,193 | $11,493 | 0.0% | $27.73 | — | Common | 004239109 |
| — | Retail Opportunity Investments Corp. | 649,912 | $11,484 | 0.0% | $18.49 | — | Common | 76131N101 |
| — | SL Green Realty Corp. | 118,170 | $11,442 | 0.0% | $106.05 | — | Common | 78440X101 |
| TRNO | Terreno Realty Corp. | 328,122 | $11,323 | 0.0% | $20.93 | — | Common | 88146M101 |
| — | Life Storage, Inc. | 132,333 | $11,052 | 0.0% | $85.26 | — | Common | 53223X107 |
| — | Hudson Pacific Properties, Inc. | 335,274 | $10,906 | 0.0% | $34.36 | — | Common | 444097109 |
| — | Cousins Properties, Inc. | 1,251,060 | $10,859 | 0.0% | $10.26 | — | Common | 222795106 |
| REG | Regency Centers Corporation | 181,521 | $10,706 | 0.0% | $46.50 | -5.7% | Common | 758849103 |
| CUBE | CubeSmart | 370,035 | $10,435 | 0.0% | $26.77 | — | Common | 229663109 |
| — | American Campus Communities, Inc. | 263,777 | $10,187 | 0.0% | $38.45 | — | Common | 024835100 |
| HST | Host Hotels & Resorts, Inc. | 540,182 | $10,069 | 0.0% | $10.91 | +32.6% | Common | 44107P104 |
| YRD | Yirendai Ltd., ADR | 249,714 | $10,046 | 0.0% | $40.23 | — | ADR | 98585L100 |
| — | Federal Realty Investment Trust | 85,491 | $9,926 | 0.0% | $120.77 | — | Common | 313747206 |
| — | Diplomat Pharmacy, Inc. | 481,187 | $9,696 | 0.0% | $16.12 | — | Common | 25456K101 |
| — | DCT Industrial Trust, Inc. | 168,731 | $9,506 | 0.0% | $35.40 | — | Common | 233153204 |
| CCI | Crown Castle International Corp. | 85,479 | $9,369 | 0.0% | $54.50 | +42.6% | Common | 22822V101 |
| DINT | Davis Select International | 420,000 | $8,249 | 0.0% | $19.64 | — | ETF | 23908L405 |
| EGP | EastGroup Properties, Inc. | 98,024 | $8,103 | 0.0% | $57.53 | — | Common | 277276101 |
| BDN | Brandywine Realty Trust | 483,887 | $7,684 | 0.0% | $18.19 | — | Common | 105368203 |
| — | GGP, Inc. | 367,533 | $7,520 | 0.0% | $23.33 | — | Common | 36174X101 |
| BRX | Brixmor Property Group, Inc. | 485,271 | $7,400 | 0.0% | $16.37 | — | Common | 11120U105 |
| — | CatchMark Timber Trust Inc., Class A | 563,550 | $7,027 | 0.0% | $11.06 | — | Common | 14912Y202 |
| VTR | Ventas, Inc. | 139,120 | $6,891 | 0.0% | $45.86 | -18.4% | Common | 92276F100 |
| KIM | Kimco Realty Corp. | 463,002 | $6,667 | 0.0% | $12.87 | -19.1% | Common | 49446R109 |
| VNO | Vornado Realty Trust | 93,313 | $6,280 | 0.0% | $95.07 | — | Common | 929042109 |
| IBN | ICICI Bank Limited ADR | 690,574 | $6,112 | 0.0% | $16.17 | — | ADR | 45104G104 |
| — | LaSalle Hotel Properties | 204,732 | $5,939 | 0.0% | $29.01 | — | Common | 517942108 |
| JBGS | JBG SMITH Properties | 173,306 | $5,842 | 0.0% | $34.48 | — | Common | 46590V100 |
| WY | Weyerhaeuser Co. | 166,699 | $5,834 | 0.0% | $22.33 | +16.1% | Common | 962166104 |
| — | Education Realty Trust, Inc. | 160,940 | $5,271 | 0.0% | $32.75 | — | Common | 28140H203 |
| — | Liberty TripAdvisor Holdings, Inc., Series A | 470,800 | $5,061 | 0.0% | $33.90 | — | Common | 531465102 |
| — | CommerceHub, Inc., Series C | 165,875 | $3,731 | 0.0% | $15.91 | — | Common | 20084V306 |
| — | CoreSite Realty Corp. | 36,427 | $3,652 | 0.0% | $100.26 | — | Common | 21870Q105 |
| INVH | Invitation Homes, Inc. | 119,341 | $2,725 | 0.0% | $18.66 | -3.8% | Common | 46187W107 |
| AMH | American Homes 4 Rent, Class A | 127,756 | $2,565 | 0.0% | $21.84 | — | Common | 02665T306 |
| COST | Costco Wholesale Corp. | 13,480 | $2,540 | 0.0% | $86.56 | +95.5% | Common | 22160K105 |
| — | CyrusOne, Inc. | 49,370 | $2,528 | 0.0% | $34.24 | — | Common | 23283R100 |
| — | 58.com, Inc. ADR | 29,586 | $2,363 | 0.0% | $38.26 | — | ADR | 31680Q104 |
| — | CommerceHub, Inc., Series A | 82,845 | $1,864 | 0.0% | $15.80 | — | Common | 20084V108 |
| DXC | DXC Technology Co. | 11,319 | $1,138 | 0.0% | $64.92 | +28.5% | Common | 23355L106 |
| — | Praxair, Inc. | 7,195 | $1,038 | 0.0% | $124.28 | — | Common | 74005P104 |
| MCO | Moody's Corp. | 4,790 | $773 | 0.0% | $73.12 | +106.5% | Common | 615369105 |
| — | DowDuPont, Inc. | 12,000 | $765 | 0.0% | $69.23 | — | Common | 26078J100 |
| — | Lam Research Corp. | 3,485 | $708 | 0.0% | $83.02 | — | Common | 512807108 |
| PPG | PPG Industries, Inc. | 5,470 | $610 | 0.0% | $86.33 | +15.3% | Common | 693506107 |
| ECL | Ecolab, Inc. | 4,295 | $589 | 0.0% | $74.29 | +66.3% | Common | 278865100 |
| — | Xilinx, Inc. | 7,920 | $572 | 0.0% | $46.83 | — | Common | 983919101 |
| BBU | Brookfield Business Partners, L.P. | 13,307 | $479 | 0.0% | $19.09 | — | Partnership | G16234109 |
| HPQ | HP, Inc. | 20,830 | $457 | 0.0% | $7.89 | +119.8% | Common | 40434L105 |
| KMX | CarMax, Inc. | 5,586 | $346 | 0.0% | $46.21 | +41.5% | Common | 143130102 |
| APD | Air Products & Chemicals, Inc. | 1,894 | $301 | 0.0% | $61.55 | +120.5% | Common | 009158106 |
| VIPS | Vipshop Holdings Ltd., Class A, ADR | 15,770 | $262 | 0.0% | $14.78 | — | ADR | 92763W103 |
| PCAR | PACCAR, Inc. | 3,230 | $214 | 0.0% | $21.95 | +58.5% | Common | 693718108 |