CIK: 0001036325 · Show all filings
Period: Q4 2018 (← Previous) (Next →)
Filing Date: Feb 12, 2019
Total Value ($000): $17,897,089 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WFC | Wells Fargo & Co. | 26,971,021 | $1,242,371 | 6.9% | $29.15 | +44.2% | Common | 949746101 |
| BRK/A | Berkshire Hathaway Inc., Class A | 3,519 | $1,076,814 | 6.0% | $168191.69 | +86.1% | Common | 084670108 |
| AMZN | Amazon.com, Inc. | 709,100 | $1,063,812 | 5.9% | $16.54 | +402.5% | Common | 023135106 |
| GOOG | Alphabet Inc., Class C | 1,020,558 | $1,056,970 | 5.9% | $35.82 | +48.3% | Common | 02079K107 |
| COF | Capital One Financial Corp. | 13,267,950 | $1,002,313 | 5.6% | $71.36 | +7.3% | Common | 14040H105 |
| — | United Technologies Corp. | 8,221,190 | $874,733 | 4.9% | $93.01 | — | Common | 913017109 |
| BK | Bank of New York Mellon Corp. | 17,462,483 | $821,480 | 4.6% | $22.02 | +80.0% | Common | 064058100 |
| JPM | JPMorgan Chase & Co. | 8,033,318 | $783,824 | 4.4% | $40.83 | +114.4% | Common | 46625H100 |
| META | Facebook, Inc. | 5,267,533 | $691,283 | 3.9% | $133.43 | +7.8% | Common | 30303M102 |
| AXP | American Express Co. | 6,516,995 | $620,781 | 3.5% | $59.62 | +59.4% | Common | 025816109 |
| — | Apache Corporation | 22,882,206 | $600,777 | 3.4% | $46.72 | — | Common | 037411105 |
| BABA | Alibaba Group Holding Ltd. ADR | 4,153,816 | $569,692 | 3.2% | $163.53 | — | ADR | 01609W102 |
| — | New Oriental Education & Technology ADR | 10,273,245 | $563,098 | 3.1% | $73.10 | — | ADR | 647581107 |
| GOOGL | Alphabet Inc., Class A | 499,533 | $522,058 | 2.9% | $36.73 | +46.0% | Common | 02079K305 |
| AMAT | Applied Materials, Inc. | 13,214,457 | $432,348 | 2.4% | $38.11 | -16.8% | Common | 038222105 |
| USB | US Bancorp | 9,230,157 | $421,632 | 2.4% | $36.08 | +6.1% | Common | 902973304 |
| TXN | Texas Instruments, Inc. | 4,285,380 | $404,721 | 2.3% | $29.01 | +172.7% | Common | 882508104 |
| — | General Electric Co. | 51,030,186 | $386,098 | 2.2% | $11.29 | — | Common | 369604103 |
| JCI | Johnson Controls International PLC | 12,607,660 | $373,779 | 2.1% | $32.20 | -12.4% | Common | G51502105 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,751,245 | $356,694 | 2.0% | $126.14 | +65.6% | Common | 084670702 |
| MSFT | Microsoft Corp. | 2,889,277 | $293,191 | 1.6% | $26.70 | +274.5% | Common | 594918104 |
| CB | Chubb Ltd. | 2,186,403 | $282,296 | 1.6% | $103.37 | +10.8% | Common | H1467J104 |
| MKL | Markel Corp. | 246,090 | $255,320 | 1.4% | $559.36 | +95.5% | Common | 570535104 |
| — | Encana Corporation | 41,529,994 | $240,162 | 1.3% | $13.99 | — | Common | 292505104 |
| L | Loews Corp. | 4,260,915 | $193,796 | 1.1% | $42.08 | +8.6% | Common | 540424108 |
| ADNT | Adient PLC | 11,185,755 | $168,826 | 0.9% | $53.50 | -51.7% | Common | G0084W101 |
| ORCL | Oracle Corp. | 3,351,628 | $151,233 | 0.8% | $27.58 | +56.5% | Common | 68389X105 |
| JD | JD.com, Inc., Class A, ADR | 7,196,442 | $150,762 | 0.8% | $29.35 | — | ADR | 47215P106 |
| MGY | Magnolia Oil & Gas Corp., Class A | 12,419,690 | $139,225 | 0.8% | $13.05 | -3.6% | Common | 559663109 |
| — | Hollysys Automation Technologies Ltd. | 6,662,570 | $116,655 | 0.7% | $19.13 | — | ADR | G45667105 |
| NTB | Bank of N.T. Butterfield & Son Ltd. | 3,224,347 | $101,083 | 0.6% | $29.27 | -1.0% | Common | G0772R208 |
| BKNG | Booking Holdings, Inc. | 56,990 | $98,161 | 0.5% | $1933.58 | -6.7% | Common | 09857L108 |
| CVS | CVS Health Corp. | 1,130,059 | $74,028 | 0.4% | $59.39 | 0.0% | Common | 126650100 |
| DGX | Quest Diagnostics, Inc. | 798,392 | $66,289 | 0.4% | $75.68 | +7.4% | Common | 74834L100 |
| DUSA | Davis Select U.S. Equity | 3,022,320 | $60,507 | 0.3% | $21.73 | — | ETF | 23908L207 |
| — | Alleghany Corporation | 86,089 | $53,661 | 0.3% | $596.56 | — | Common | 017175100 |
| IQ | iQIYI Inc., Class A, ADR | 3,584,468 | $53,360 | 0.3% | $17.26 | — | ADR | 46267X108 |
| IVE | iShares S&P 500 Value ETF | 514,441 | $52,031 | 0.3% | $101.47 | — | ETF | 464287408 |
| — | Quotient Technology, Inc. | 4,561,386 | $48,741 | 0.3% | $10.67 | — | Common | 749119103 |
| STT | State Street Corp. | 767,294 | $48,393 | 0.3% | $53.85 | +5.5% | Common | 857477103 |
| GS | Goldman Sachs Group, Inc. | 275,790 | $46,071 | 0.3% | $127.86 | +33.7% | Common | 38141G104 |
| DINT | Davis Select International | 2,938,800 | $44,314 | 0.2% | $18.23 | — | ETF | 23908L405 |
| EG | Everest Re Group, Ltd. | 187,878 | $40,912 | 0.2% | $113.03 | +66.2% | Common | G3223R108 |
| NOAH | Noah Holdings Ltd. ADS | 926,166 | $40,122 | 0.2% | $26.17 | — | ADR | 65487X102 |
| — | Oaktree Capital Group LLC | 994,457 | $39,530 | 0.2% | $39.62 | — | Partnership | 674001201 |
| PNC | PNC Financial Services Group, Inc. | 332,145 | $38,831 | 0.2% | $69.16 | +43.1% | Common | 693475105 |
| DFNL | Davis Select Financial | 1,840,055 | $38,721 | 0.2% | $21.33 | — | ETF | 23908L108 |
| INTC | Intel Corp. | 806,478 | $37,831 | 0.2% | $34.27 | +17.3% | Common | 458140100 |
| SPG | Simon Property Group, Inc. | 213,400 | $35,849 | 0.2% | $106.89 | +13.1% | Common | 828806109 |
| ETN | Eaton Corporation PLC | 490,110 | $33,615 | 0.2% | $52.58 | +23.7% | Common | G29183103 |
| — | Qurate Retail Inc., Series A | 1,706,443 | $33,287 | 0.2% | $21.22 | — | Common | 74915M100 |
| DWLD | Davis Select Worldwide | 1,685,395 | $32,949 | 0.2% | $22.21 | — | ETF | 23908L306 |
| — | Tarena International, Inc.,Class A, ADR | 5,174,780 | $32,603 | 0.2% | $14.48 | — | ADR | 876108101 |
| KKR | KKR & Co. Inc., Class A | 1,590,048 | $31,213 | 0.2% | $24.27 | -13.2% | Common | 48251W104 |
| AVB | AvalonBay Communities, Inc. | 165,550 | $28,814 | 0.2% | $119.75 | +17.8% | Common | 053484101 |
| YRD | Yirendai Ltd., ADR | 2,636,494 | $28,340 | 0.2% | $21.09 | — | ADR | 98585L100 |
| — | Shire PLC, ADR | 162,332 | $28,252 | 0.2% | $149.39 | — | ADR | 82481R106 |
| QRVO | Qorvo, Inc. | 426,502 | $25,905 | 0.1% | $75.51 | -10.9% | Common | 74736K101 |
| — | Aptiv PLC | 368,045 | $22,648 | 0.1% | $84.83 | — | Common | G6095L109 |
| SCHW | Charles Schwab Corp. | 503,340 | $20,904 | 0.1% | $21.24 | +92.5% | Common | 808513105 |
| — | Liberty Global PLC, Series C | 1,004,834 | $20,740 | 0.1% | $51.51 | — | Common | G5480U120 |
| PLD | Prologis, Inc. | 351,698 | $20,652 | 0.1% | $42.31 | +25.6% | Common | 74340W103 |
| EQIX | Equinix, Inc | 58,010 | $20,452 | 0.1% | $359.35 | -5.2% | Common | 29444U700 |
| V | Visa, Inc., Class A | 143,206 | $18,895 | 0.1% | $55.96 | +134.8% | Common | 92826C839 |
| CI | Cigna Corp. | 98,444 | $18,709 | 0.1% | $190.77 | 0.0% | Common | 125523100 |
| GLRE | Greenlight Capital Re, Ltd., Class A | 2,082,010 | $17,947 | 0.1% | $13.13 | -16.9% | Common | G4095J109 |
| PSA | Public Storage, Inc. | 87,080 | $17,626 | 0.1% | $168.88 | -10.1% | Common | 74460D109 |
| BXP | Boston Properties, Inc. | 156,310 | $17,593 | 0.1% | $78.85 | +9.8% | Common | 101121101 |
| — | The Blackstone Group L.P. | 588,060 | $17,530 | 0.1% | $31.83 | — | Partnership | 09253U108 |
| — | GCI Liberty Inc., Class A | 425,648 | $17,520 | 0.1% | $52.86 | — | Common | 36164V305 |
| ESS | Essex Property Trust, Inc. | 68,361 | $16,763 | 0.1% | $137.15 | +43.7% | Common | 297178105 |
| CPT | Camden Property Trust | 189,680 | $16,701 | 0.1% | $61.86 | +16.4% | Common | 133131102 |
| — | Fang Holdings Ltd., ADR | 11,309,804 | $16,126 | 0.1% | $4.19 | — | ADR | 30711Y102 |
| DLR | Digital Realty Trust, Inc. | 147,440 | $15,710 | 0.1% | $81.84 | +5.3% | Common | 253868103 |
| EQR | Equity Residential | 237,540 | $15,680 | 0.1% | $45.32 | +13.3% | Common | 29476L107 |
| — | Altus Midstream Co., Class A | 2,000,000 | $15,460 | 0.1% | $7.73 | — | Common | 02215L100 |
| — | Hudson Pacific Properties, Inc. | 524,700 | $15,248 | 0.1% | $33.01 | — | Common | 444097109 |
| OC | Owens Corning | 337,051 | $14,804 | 0.1% | $48.46 | 0.0% | Common | 690742101 |
| CCI | Crown Castle International Corp. | 134,350 | $14,594 | 0.1% | $62.66 | +29.3% | Common | 22822V101 |
| REXR | Rexford Industrial Realty, Inc. | 481,170 | $14,180 | 0.1% | $25.21 | — | Common | 76169C100 |
| LILAK | Liberty Latin America Ltd., Class C | 971,939 | $14,161 | 0.1% | $20.25 | -16.2% | Common | G9001E128 |
| — | American Campus Communities, Inc. | 340,914 | $14,110 | 0.1% | $39.19 | — | Common | 024835100 |
| SAP | SAP SE, ADR | 141,765 | $14,104 | 0.1% | $76.80 | — | ADR | 803054204 |
| UNH | UnitedHealth Group, Inc. | 56,308 | $13,999 | 0.1% | $57.46 | +309.0% | Common | 91324P102 |
| BIDU | Baidu, Inc. Class A, ADR | 88,065 | $13,967 | 0.1% | $198.64 | — | ADR | 056752108 |
| AKR | Acadia Realty Trust | 583,100 | $13,854 | 0.1% | $27.40 | — | Common | 004239109 |
| REG | Regency Centers Corporation | 232,840 | $13,663 | 0.1% | $46.35 | +0.8% | Common | 758849103 |
| TRNO | Terreno Realty Corp. | 385,467 | $13,557 | 0.1% | $23.34 | — | Common | 88146M101 |
| ARE | Alexandria Real Estate Equities, Inc. | 116,997 | $13,483 | 0.1% | $55.90 | +66.9% | Common | 015271109 |
| CTRA | Cabot Oil & Gas Corp. | 579,300 | $13,085 | 0.1% | $22.96 | -22.1% | Common | 127097103 |
| — | Ctrip.com International, Ltd. ADR | 483,248 | $13,077 | 0.1% | $41.73 | — | ADR | 22943F100 |
| — | Federal Realty Investment Trust | 109,640 | $12,942 | 0.1% | $121.32 | — | Common | 313747206 |
| — | Cousins Properties, Inc. | 1,611,500 | $12,731 | 0.1% | $9.92 | — | Common | 222795106 |
| ZTO | ZTO Express Cayman, Inc., Class A, ADR | 733,772 | $11,616 | 0.1% | $13.27 | — | ADR | 98980A105 |
| — | Liberty Expedia Holdings, Inc. | 283,924 | $11,104 | 0.1% | $39.67 | — | Common | 53046P109 |
| — | Azul S.A., ADR | 373,176 | $10,333 | 0.1% | $17.79 | — | ADR | 05501U106 |
| HST | Host Hotels & Resorts, Inc. | 579,120 | $9,654 | 0.1% | $11.23 | +27.3% | Common | 44107P104 |
| BRX | Brixmor Property Group, Inc. | 607,630 | $8,926 | 0.0% | $16.36 | — | Common | 11120U105 |
| EXR | Extra Space Storage, Inc. | 95,780 | $8,666 | 0.0% | $61.70 | +12.8% | Common | 30225T102 |
| VNO | Vornado Realty Trust | 138,960 | $8,620 | 0.0% | $87.85 | — | Common | 929042109 |
| IWV | iShares Russell 3000 ETF | 54,132 | $7,953 | 0.0% | $146.92 | — | ETF | 464287689 |
| — | CoreSite Realty Corp. | 87,510 | $7,633 | 0.0% | $93.70 | — | Common | 21870Q105 |
| BDN | Brandywine Realty Trust | 577,831 | $7,437 | 0.0% | $17.57 | — | Common | 105368203 |
| VTR | Ventas, Inc. | 123,650 | $7,245 | 0.0% | $43.99 | 0.0% | Common | 92276F100 |
| — | Liberty TripAdvisor Holdings, Inc., Series A | 402,640 | $6,398 | 0.0% | $33.90 | — | Common | 531465102 |
| ELS | Equity LifeStyle Properties, Inc. | 60,850 | $5,910 | 0.0% | $96.81 | — | Common | 29472R108 |
| SUI | Sun Communities, Inc. | 57,330 | $5,831 | 0.0% | $101.64 | — | Common | 866674104 |
| — | SL Green Realty Corp. | 72,350 | $5,721 | 0.0% | $105.37 | — | Common | 78440X101 |
| — | Retail Opportunity Investments Corp. | 352,915 | $5,604 | 0.0% | $18.54 | — | Common | 76131N101 |
| — | Life Storage, Inc. | 59,290 | $5,513 | 0.0% | $86.28 | — | Common | 53223X107 |
| — | HCP, Inc. | 190,586 | $5,323 | 0.0% | $25.95 | — | Common | 40414L109 |
| — | Liberty Property Trust | 126,070 | $5,280 | 0.0% | $41.88 | — | Common | 531172104 |
| KIM | Kimco Realty Corp. | 302,960 | $4,438 | 0.0% | $12.87 | -13.0% | Common | 49446R109 |
| CUBE | CubeSmart | 144,650 | $4,150 | 0.0% | $27.16 | — | Common | 229663109 |
| RHP | Ryman Hospitality Properties, Inc. | 48,650 | $3,244 | 0.0% | $80.05 | — | Common | 78377T107 |
| AMH | American Homes 4 Rent, Class A | 157,170 | $3,120 | 0.0% | $21.88 | — | Common | 02665T306 |
| INVH | Invitation Homes, Inc. | 142,970 | $2,871 | 0.0% | $18.84 | -6.7% | Common | 46187W107 |
| EGP | EastGroup Properties, Inc. | 29,020 | $2,662 | 0.0% | $58.13 | — | Common | 277276101 |
| MAA | Mid-America Apartment Communities, Inc | 26,870 | $2,571 | 0.0% | $78.67 | -1.1% | Common | 59522J103 |
| FR | First Industrial Realty Trust, Inc. | 80,950 | $2,336 | 0.0% | $20.95 | — | Common | 32054K103 |
| MAC | Macerich Co. | 53,610 | $2,320 | 0.0% | $43.28 | — | Common | 554382101 |
| COST | Costco Wholesale Corp. | 7,680 | $1,564 | 0.0% | $86.56 | +133.3% | Common | 22160K105 |
| NVS | Novartis AG ADR | 15,456 | $1,326 | 0.0% | $74.64 | — | ADR | 66987V109 |
| — | 58.com, Inc. ADR | 23,150 | $1,255 | 0.0% | $41.57 | — | ADR | 31680Q104 |
| — | CatchMark Timber Trust Inc., Class A | 151,604 | $1,076 | 0.0% | $11.06 | — | Common | 14912Y202 |
| — | Xilinx, Inc. | 7,920 | $675 | 0.0% | $46.83 | — | Common | 983919101 |
| — | DowDuPont, Inc. | 12,000 | $642 | 0.0% | $69.23 | — | Common | 26078J100 |
| DXC | DXC Technology Co. | 11,319 | $602 | 0.0% | $64.92 | +2.1% | Common | 23355L106 |
| PPG | PPG Industries, Inc. | 5,470 | $559 | 0.0% | $86.33 | +4.7% | Common | 693506107 |
| AXTA | Axalta Coating Systems Ltd. | 23,540 | $551 | 0.0% | $28.60 | -13.2% | Common | G0750C108 |
| EA | Electronic Arts, Inc. | 6,960 | $549 | 0.0% | $125.34 | -28.8% | Common | 285512109 |
| FDX | FedEx Corp. | 3,190 | $515 | 0.0% | $170.35 | +9.1% | Common | 31428X106 |
| — | Lam Research Corp. | 3,485 | $475 | 0.0% | $83.02 | — | Common | 512807108 |
| SPY | SPDR S& P 500 ETF Trust | 1,849 | $462 | 0.0% | $249.86 | — | ETF | 78462F103 |
| HPQ | HP, Inc. | 20,830 | $426 | 0.0% | $7.89 | +131.0% | Common | 40434L105 |
| KMX | CarMax, Inc. | 5,046 | $317 | 0.0% | $46.21 | +42.8% | Common | 143130102 |
| APD | Air Products & Chemicals, Inc. | 1,523 | $244 | 0.0% | $61.55 | +116.4% | Common | 009158106 |