CIK: 0001036325 · Show all filings
Period: Q1 2019 (← Previous) (Next →)
Filing Date: May 14, 2019
Total Value ($000): $20,332,024 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WFC | Wells Fargo & Co. | 27,535,957 | $1,330,537 | 6.5% | $29.39 | +38.7% | Common | 949746101 |
| AMZN | Amazon.com, Inc. | 678,132 | $1,207,584 | 5.9% | $16.54 | +403.0% | Common | 023135106 |
| GOOG | Alphabet Inc., Class C | 981,304 | $1,151,373 | 5.7% | $35.82 | +55.5% | Common | 02079K107 |
| COF | Capital One Financial Corp. | 13,773,978 | $1,125,196 | 5.5% | $71.39 | +1.2% | Common | 14040H105 |
| — | United Technologies Corp. | 8,276,810 | $1,066,798 | 5.2% | $93.01 | — | Common | 913017109 |
| BRK/A | Berkshire Hathaway Inc., Class A | 3,401 | $1,024,432 | 5.0% | $168191.69 | +80.0% | Common | 084670108 |
| — | New Oriental Education & Tech ADR | 10,479,224 | $944,073 | 4.6% | $73.43 | — | ADR | 647581107 |
| META | Facebook, Inc, Class A | 5,312,965 | $885,618 | 4.4% | $133.43 | +18.4% | Common | 30303M102 |
| BK | Bank of New York Mellon Corp. | 17,046,925 | $859,676 | 4.2% | $22.02 | +92.2% | Common | 064058100 |
| — | Apache Corp. | 24,151,466 | $837,090 | 4.1% | $46.09 | — | Common | 037411105 |
| JPM | JPMorgan Chase & Co. | 7,951,809 | $804,962 | 4.0% | $40.83 | +109.0% | Common | 46625H100 |
| BABA | Alibaba Group Holding Ltd., ADR | 4,195,037 | $765,385 | 3.8% | $163.53 | — | ADR | 01609W102 |
| AXP | American Express Co. | 6,311,785 | $689,878 | 3.4% | $59.62 | +60.7% | Common | 025816109 |
| AMAT | Applied Materials, Inc. | 15,515,968 | $615,363 | 3.0% | $37.70 | -6.3% | Common | 038222105 |
| GOOGL | Alphabet Inc., Class A | 479,232 | $564,003 | 2.8% | $36.73 | +52.6% | Common | 02079K305 |
| JCI | Johnson Controls International plc | 13,167,287 | $486,400 | 2.4% | $32.09 | -7.8% | Common | G51502105 |
| USB | U.S. Bancorp | 9,226,412 | $444,621 | 2.2% | $36.08 | +4.2% | Common | 902973304 |
| TXN | Texas Instruments, Inc. | 4,166,232 | $441,912 | 2.2% | $29.01 | +194.3% | Common | 882508104 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,674,254 | $336,341 | 1.7% | $126.14 | +60.0% | Common | 084670702 |
| DGX | Quest Diagnostics, Inc. | 3,639,061 | $327,224 | 1.6% | $75.57 | -0.0% | Common | 74834L100 |
| CB | Chubb Ltd. | 2,184,959 | $306,069 | 1.5% | $103.37 | +14.7% | Common | H1467J104 |
| — | Encana Corp. | 41,062,977 | $297,296 | 1.5% | $13.99 | — | Common | 292505104 |
| MKL | Markel Corp. | 238,632 | $237,735 | 1.2% | $559.36 | +81.6% | Common | 570535104 |
| — | General Electric Co. | 22,518,253 | $224,957 | 1.1% | $11.29 | — | Common | 369604103 |
| JD | JD.com, Inc., Class A, ADR | 7,268,860 | $219,156 | 1.1% | $29.35 | — | ADR | 47215P106 |
| MSFT | Microsoft Corp. | 1,847,059 | $217,842 | 1.1% | $26.70 | +283.1% | Common | 594918104 |
| L | Loews Corp. | 4,124,538 | $197,689 | 1.0% | $42.08 | +8.9% | Common | 540424108 |
| ADNT | Adient plc | 12,380,835 | $160,456 | 0.8% | $50.03 | -65.0% | Common | G0084W101 |
| MGY | Magnolia Oil & Gas Corp., Class A | 12,406,370 | $148,876 | 0.7% | $13.05 | -6.7% | Common | 559663109 |
| ORCL | Oracle Corp. | 2,765,829 | $148,553 | 0.7% | $27.58 | +67.0% | Common | 68389X105 |
| — | Hollysys Automation Technologies, Ltd. | 6,744,448 | $141,229 | 0.7% | $19.15 | — | Common | G45667105 |
| NTB | Bank of N.T. Butterfield & Son Ltd. | 3,342,811 | $119,940 | 0.6% | $29.13 | -12.5% | Common | G0772R208 |
| BKNG | Booking Holdings, Inc. | 54,870 | $95,743 | 0.5% | $1933.58 | -9.2% | Common | 09857L108 |
| IQ | iQIYI, Inc., Class A, ADR | 3,663,754 | $87,637 | 0.4% | $17.40 | — | ADR | 46267X108 |
| DUSA | Davis Select U.S. Equity | 3,169,516 | $71,548 | 0.4% | $21.77 | — | ETF | 23908L207 |
| DINT | Davis Select International | 3,654,046 | $65,455 | 0.3% | $18.17 | — | ETF | 23908L405 |
| CVS | CVS Health Corp. | 1,124,239 | $60,630 | 0.3% | $59.39 | -16.7% | Common | 126650100 |
| GS | Goldman Sachs Group, Inc. | 267,202 | $51,300 | 0.3% | $127.86 | +28.4% | Common | 38141G104 |
| — | Alleghany Corporation | 80,989 | $49,598 | 0.2% | $596.56 | — | Common | 017175100 |
| STT | State Street Corp. | 744,456 | $48,993 | 0.2% | $53.85 | +2.9% | Common | 857477103 |
| — | Quotient Technology, Inc. | 4,741,248 | $46,796 | 0.2% | $10.64 | — | Common | 749119103 |
| NOAH | Noah Holdings Ltd., ADS | 937,635 | $45,438 | 0.2% | $26.44 | — | ADR | 65487X102 |
| INTC | Intel Corp. | 824,878 | $44,296 | 0.2% | $34.48 | +27.1% | Common | 458140100 |
| DFNL | Davis Select Financial | 1,904,737 | $42,038 | 0.2% | $21.36 | — | ETF | 23908L108 |
| DWLD | Davis Select Worldwide | 1,803,388 | $41,821 | 0.2% | $22.28 | — | ETF | 23908L306 |
| BAC | Bank of America Corp. | 1,508,920 | $41,631 | 0.2% | $23.89 | 0.0% | Common | 060505104 |
| PNC | PNC Financial Services Group, Inc. | 333,781 | $40,942 | 0.2% | $69.16 | +40.0% | Common | 693475105 |
| SPG | Simon Property Group, Inc. | 205,100 | $37,371 | 0.2% | $106.89 | +13.8% | Common | 828806109 |
| EG | Everest Re Group, Ltd. | 172,742 | $37,305 | 0.2% | $113.03 | +66.4% | Common | G3223R108 |
| YRD | Yirendai Ltd., ADR | 2,679,239 | $36,330 | 0.2% | $20.97 | — | ADR | 98585L100 |
| KKR | KKR & Co. Inc., Class A | 1,542,970 | $36,244 | 0.2% | $24.27 | -13.2% | Common | 48251W104 |
| ETN | Eaton Corp. PLC | 444,340 | $35,796 | 0.2% | $52.58 | +26.5% | Common | G29183103 |
| QRVO | Qorvo, Inc. | 481,807 | $34,560 | 0.2% | $74.45 | -11.1% | Common | 74736K101 |
| AVB | AvalonBay Communities, Inc. | 156,430 | $31,400 | 0.2% | $119.75 | +25.7% | Common | 053484101 |
| UNH | UnitedHealth Group, Inc. | 124,001 | $30,660 | 0.2% | $150.36 | +51.4% | Common | 91324P102 |
| — | Aptiv PLC | 375,319 | $29,834 | 0.1% | $84.73 | — | Common | G6095L109 |
| EQIX | Equinix, Inc. | 59,550 | $26,986 | 0.1% | $359.32 | -0.4% | Common | 29444U700 |
| — | Qurate Retail, Inc. Series A | 1,661,016 | $26,543 | 0.1% | $21.22 | — | Common | 74915M100 |
| — | Tarena International, Inc.,Class A, ADR | 4,862,912 | $26,406 | 0.1% | $14.48 | — | ADR | 876108101 |
| PLD | Prologis, Inc. | 347,998 | $25,038 | 0.1% | $42.31 | +33.2% | Common | 74340W103 |
| — | Liberty Global plc, Series C | 982,594 | $23,789 | 0.1% | $51.51 | — | Common | G5480U120 |
| — | GCI Liberty, Inc., Class A | 406,478 | $22,604 | 0.1% | $52.86 | — | Common | 36164V305 |
| GLRE | Greenlight Capital Re, Ltd., Class A | 2,052,360 | $22,309 | 0.1% | $13.13 | -18.7% | Common | G4095J109 |
| — | Ctrip.com International, Ltd., ADR | 495,080 | $21,630 | 0.1% | $41.78 | — | ADR | 22943F100 |
| SCHW | Charles Schwab Corp. | 489,624 | $20,936 | 0.1% | $21.24 | +92.8% | Common | 808513105 |
| BXP | Boston Properties, Inc. | 154,970 | $20,747 | 0.1% | $78.85 | +17.5% | Common | 101121101 |
| — | The Blackstone Group L.P. | 571,300 | $19,978 | 0.1% | $31.83 | — | Partnership | 09253U108 |
| ESS | Essex Property Trust, Inc. | 68,491 | $19,810 | 0.1% | $137.15 | +56.7% | Common | 297178105 |
| CPT | Camden Property Trust | 192,140 | $19,502 | 0.1% | $62.04 | +22.5% | Common | 133131102 |
| V | Visa Inc., Class A | 119,842 | $18,718 | 0.1% | $55.96 | +145.5% | Common | 92826C839 |
| — | Hudson Pacific Properties, Inc. | 533,270 | $18,355 | 0.1% | $33.03 | — | Common | 444097109 |
| LILAK | Liberty Latin America Ltd., Class C | 933,089 | $18,149 | 0.1% | $20.25 | -15.4% | Common | G9001E128 |
| EQR | Equity Residential | 240,340 | $18,102 | 0.1% | $45.44 | +22.3% | Common | 29476L107 |
| DLR | Digital Realty Trust, Inc. | 151,260 | $18,000 | 0.1% | $81.99 | +7.1% | Common | 253868103 |
| CCI | Crown Castle International Corp. | 137,880 | $17,649 | 0.1% | $63.29 | +38.0% | Common | 22822V101 |
| ARE | Alexandria Real Estate Equities, Inc. | 119,217 | $16,996 | 0.1% | $56.75 | +79.0% | Common | 015271109 |
| SAP | SAP SE, ADR | 145,137 | $16,758 | 0.1% | $77.70 | — | ADR | 803054204 |
| — | American Campus Communities, Inc. | 350,784 | $16,690 | 0.1% | $39.42 | — | Common | 024835100 |
| OC | Owens Corning | 341,512 | $16,092 | 0.1% | $48.47 | +0.9% | Common | 690742101 |
| AKR | Acadia Realty Trust | 589,370 | $16,072 | 0.1% | $27.39 | — | Common | 004239109 |
| PSA | Public Storage, Inc. | 73,400 | $15,985 | 0.1% | $168.88 | -6.9% | Common | 74460D109 |
| REG | Regency Centers Corp. | 235,730 | $15,909 | 0.1% | $46.37 | +3.5% | Common | 758849103 |
| CI | Cigna Corp. | 98,648 | $15,865 | 0.1% | $190.77 | -12.5% | Common | 125523100 |
| — | Federal Realty Investment Trust | 112,480 | $15,505 | 0.1% | $121.74 | — | Common | 313747206 |
| BIDU | Baidu, Inc., Class A, ADR | 90,053 | $14,845 | 0.1% | $197.89 | — | ADR | 056752108 |
| — | Fang Holdings Ltd., Class A, ADR | 10,814,989 | $14,600 | 0.1% | $4.19 | — | ADR | 30711Y102 |
| CTRA | Cabot Oil & Gas Corp. | 556,389 | $14,522 | 0.1% | $22.96 | -18.8% | Common | 127097103 |
| REXR | Rexford Industrial Realty, Inc. | 401,170 | $14,366 | 0.1% | $25.21 | — | Common | 76169C100 |
| ZTO | ZTO Express Cayman, Inc., Class A, ADR | 757,232 | $13,842 | 0.1% | $13.43 | — | ADR | 98980A105 |
| TRNO | Terreno Realty Corp. | 316,107 | $13,289 | 0.1% | $23.34 | — | Common | 88146M101 |
| — | Altus Midstream Co., Class A | 1,994,600 | $11,768 | 0.1% | $7.73 | — | Common | 02215L100 |
| — | Liberty Expedia Holdings, Inc. | 271,944 | $11,639 | 0.1% | $39.67 | — | Common | 53046P109 |
| BRX | Brixmor Property Group, Inc. | 616,450 | $11,324 | 0.1% | $16.39 | — | Common | 11120U105 |
| — | Azul S.A., ADR | 379,772 | $11,093 | 0.1% | $17.99 | — | ADR | 05501U106 |
| WAB | Wabtec Corp. | 149,969 | $11,056 | 0.1% | $69.17 | 0.0% | Common | 929740108 |
| HST | Host Hotels & Resorts, Inc. | 579,620 | $10,955 | 0.1% | $11.23 | +27.3% | Common | 44107P104 |
| — | HCP, Inc. | 323,046 | $10,111 | 0.0% | $28.15 | — | Common | 40414L109 |
| VTR | Ventas, Inc. | 157,650 | $10,060 | 0.0% | $44.69 | +5.7% | Common | 92276F100 |
| EXR | Extra Space Storage Inc. | 95,950 | $9,778 | 0.0% | $61.70 | +20.2% | Common | 30225T102 |
| — | Coresite Realty Corp. | 89,750 | $9,605 | 0.0% | $94.03 | — | Common | 21870Q105 |
| BDN | Brandywine Realty Trust | 585,421 | $9,285 | 0.0% | $17.55 | — | Common | 105368203 |
| VNO | Vornado Realty Trust | 137,120 | $9,247 | 0.0% | $87.85 | — | Common | 929042109 |
| — | Cousins Properties, Inc. | 853,270 | $8,243 | 0.0% | $9.92 | — | Common | 222795106 |
| ELS | Equity LifeStyle Properties, Inc. | 62,510 | $7,145 | 0.0% | $97.28 | — | Common | 29472R108 |
| SUI | Sun Communities, Inc. | 58,910 | $6,982 | 0.0% | $102.09 | — | Common | 866674104 |
| — | SL Green Realty Corp. | 71,440 | $6,424 | 0.0% | $105.37 | — | Common | 78440X101 |
| — | Liberty Property Trust | 129,240 | $6,258 | 0.0% | $42.04 | — | Common | 531172104 |
| — | Retail Opportunity Investments Corp. | 352,915 | $6,120 | 0.0% | $18.54 | — | Common | 76131N101 |
| — | Life Storage, Inc. | 59,920 | $5,828 | 0.0% | $86.40 | — | Common | 53223X107 |
| — | Liberty TripAdvisor Hldgs Inc. - A | 386,610 | $5,486 | 0.0% | $33.90 | — | Common | 531465102 |
| CUBE | CubeSmart | 146,180 | $4,684 | 0.0% | $27.21 | — | Common | 229663109 |
| RHP | Ryman Hospitality Properties, Inc. | 49,920 | $4,105 | 0.0% | $80.11 | — | Common | 78377T107 |
| AMH | American Homes 4 Rent, Class A | 161,200 | $3,662 | 0.0% | $21.90 | — | Common | 02665T306 |
| INVH | Invitation Homes, Inc. | 142,970 | $3,478 | 0.0% | $18.84 | -1.4% | Common | 46187W107 |
| EGP | EastGroup Properties, Inc. | 28,950 | $3,232 | 0.0% | $58.13 | — | Common | 277276101 |
| ALEX | Alexander & Baldwin, Inc. | 125,830 | $3,201 | 0.0% | $25.44 | — | Common | 014491104 |
| MAA | Mid-America Apartment Communities, Inc. | 27,200 | $2,974 | 0.0% | $78.70 | +3.6% | Common | 59522J103 |
| FR | First Industrial Realty Trust, Inc. | 80,950 | $2,862 | 0.0% | $20.95 | — | Common | 32054K103 |
| MAC | Macerich Co. | 65,680 | $2,847 | 0.0% | $43.29 | — | Common | 554382101 |
| NVS | Novartis AG - ADR | 21,304 | $2,048 | 0.0% | $80.54 | — | ADR | 66987V109 |
| COST | Costco Wholesale Corp. | 7,680 | $1,860 | 0.0% | $86.56 | +129.2% | Common | 22160K105 |
| FUTU | Futu Holdings Ltd., Class A, ADR | 100,000 | $1,852 | 0.0% | $18.52 | — | ADR | 36118L106 |
| — | 58.com Inc., Class A, ADR | 22,790 | $1,497 | 0.0% | $41.57 | — | ADR | 31680Q104 |
| — | STORE Capital Corp. | 37,300 | $1,250 | 0.0% | $33.51 | — | Common | 862121100 |
| — | Xilinx, Inc. | 6,335 | $803 | 0.0% | $46.83 | — | Common | 983919101 |
| DXC | DXC Technology Co. | 11,319 | $728 | 0.0% | $64.92 | -5.3% | Common | 23355L106 |
| — | DowDuPont, Inc. | 12,000 | $640 | 0.0% | $69.23 | — | Common | 26078J100 |
| — | Lam Research Corp. | 3,485 | $624 | 0.0% | $83.02 | — | Common | 512807108 |
| PPG | PPG Industries, Inc. | 5,470 | $617 | 0.0% | $86.33 | +8.8% | Common | 693506107 |
| AXTA | Axalta Coating Systems Ltd. | 23,540 | $593 | 0.0% | $28.60 | -10.0% | Common | G0750C108 |
| FDX | FedEx Corp. | 3,190 | $579 | 0.0% | $170.35 | -8.5% | Common | 31428X106 |
| HPQ | HP, Inc. | 20,830 | $405 | 0.0% | $7.89 | +111.5% | Common | 40434L105 |
| KMX | CarMax, Inc. | 5,046 | $352 | 0.0% | $46.21 | +33.4% | Common | 143130102 |
| EA | Electronic Arts, Inc. | 2,960 | $301 | 0.0% | $125.34 | -26.5% | Common | 285512109 |
| — | The Stars Group, Inc. | 11,750 | $206 | 0.0% | $17.53 | — | Common | 85570W100 |