CIK: 0001036325 · Show all filings
Period: Q2 2019 (← Previous) (Next →)
Filing Date: Aug 13, 2019
Total Value ($000): $20,217,427 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WFC | Wells Fargo & Co. | 27,729,864 | $1,312,177 | 6.5% | $29.39 | +33.0% | Common | 949746101 |
| COF | Capital One Financial Corp. | 13,836,387 | $1,255,514 | 6.2% | $71.39 | +11.8% | Common | 14040H105 |
| AMZN | Amazon.com, Inc. | 659,356 | $1,248,576 | 6.2% | $16.54 | +463.1% | Common | 023135106 |
| — | New Oriental Education & Tech ADR | 11,119,591 | $1,073,930 | 5.3% | $74.76 | — | ADR | 647581107 |
| — | United Technologies Corp. | 8,206,472 | $1,068,483 | 5.3% | $93.01 | — | Common | 913017109 |
| BRK/A | Berkshire Hathaway Inc., Class A | 3,351 | $1,066,791 | 5.3% | $168191.69 | +84.8% | Common | 084670108 |
| GOOG | Alphabet Inc., Class C | 959,294 | $1,036,910 | 5.1% | $35.82 | +59.8% | Common | 02079K107 |
| META | Facebook, Inc, Class A | 4,657,716 | $898,939 | 4.4% | $133.43 | +36.0% | Common | 30303M102 |
| JPM | JPMorgan Chase & Co. | 7,924,152 | $885,920 | 4.4% | $40.83 | +125.4% | Common | 46625H100 |
| AXP | American Express Co. | 6,128,392 | $756,489 | 3.7% | $59.62 | +80.3% | Common | 025816109 |
| BK | Bank of New York Mellon Corp. | 16,716,368 | $738,028 | 3.7% | $22.02 | +76.2% | Common | 064058100 |
| AMAT | Applied Materials, Inc. | 15,880,737 | $713,204 | 3.5% | $37.74 | +4.3% | Common | 038222105 |
| BABA | Alibaba Group Holding Ltd., ADR | 4,173,186 | $707,146 | 3.5% | $163.53 | — | ADR | 01609W102 |
| — | Apache Corp. | 23,008,783 | $666,564 | 3.3% | $46.09 | — | Common | 037411105 |
| GOOGL | Alphabet Inc., Class A | 469,166 | $508,013 | 2.5% | $36.73 | +56.4% | Common | 02079K305 |
| USB | U.S. Bancorp | 9,056,196 | $474,545 | 2.3% | $36.08 | +7.9% | Common | 902973304 |
| TXN | Texas Instruments, Inc. | 4,081,608 | $468,405 | 2.3% | $29.01 | +219.8% | Common | 882508104 |
| DGX | Quest Diagnostics, Inc. | 4,001,170 | $407,359 | 2.0% | $76.36 | +10.4% | Common | 74834L100 |
| INTC | Intel Corp. | 7,473,706 | $357,766 | 1.8% | $42.15 | +2.3% | Common | 458140100 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,627,758 | $346,989 | 1.7% | $126.14 | +64.0% | Common | 084670702 |
| CB | Chubb Ltd. | 2,157,578 | $317,790 | 1.6% | $103.37 | +25.1% | Common | H1467J104 |
| ADNT | Adient plc | 11,849,046 | $287,576 | 1.4% | $50.03 | -58.9% | Common | G0084W101 |
| — | Encana Corp. | 50,296,797 | $258,023 | 1.3% | $12.36 | — | Common | 292505104 |
| MKL | Markel Corp. | 235,429 | $256,523 | 1.3% | $559.36 | +87.3% | Common | 570535104 |
| MSFT | Microsoft Corp. | 1,800,433 | $241,186 | 1.2% | $26.70 | +347.6% | Common | 594918104 |
| L | Loews Corp. | 4,031,184 | $220,385 | 1.1% | $42.08 | +18.5% | Common | 540424108 |
| JD | JD.com, Inc., Class A, ADR | 6,465,282 | $195,833 | 1.0% | $29.35 | — | ADR | 47215P106 |
| ORCL | Oracle Corp. | 2,624,661 | $149,527 | 0.7% | $27.58 | +78.2% | Common | 68389X105 |
| MGY | Magnolia Oil & Gas Corp., Class A | 12,365,434 | $143,192 | 0.7% | $13.05 | -6.0% | Common | 559663109 |
| — | Hollysys Automation Technologies, Ltd. | 6,707,397 | $127,441 | 0.6% | $19.15 | — | Common | G45667105 |
| NTB | Bank of N.T. Butterfield & Son Ltd. | 3,338,242 | $113,367 | 0.6% | $29.13 | -10.0% | Common | G0772R208 |
| BKNG | Booking Holdings, Inc. | 53,680 | $100,634 | 0.5% | $1933.58 | -8.6% | Common | 09857L108 |
| DUSA | Davis Select U.S. Equity | 3,169,516 | $74,243 | 0.4% | $21.77 | — | ETF | 23908L207 |
| DINT | Davis Select International | 3,654,046 | $65,180 | 0.3% | $18.17 | — | ETF | 23908L405 |
| CVS | CVS Health Corp. | 1,101,682 | $60,031 | 0.3% | $59.39 | -26.6% | Common | 126650100 |
| — | Alleghany Corporation | 79,419 | $54,093 | 0.3% | $596.56 | — | Common | 017175100 |
| GS | Goldman Sachs Group, Inc. | 261,932 | $53,591 | 0.3% | $127.86 | +32.3% | Common | 38141G104 |
| UNH | UnitedHealth Group, Inc. | 199,480 | $48,675 | 0.2% | $175.00 | +23.1% | Common | 91324P102 |
| — | Quotient Technology, Inc. | 4,526,779 | $48,618 | 0.2% | $10.64 | — | Common | 749119103 |
| BAC | Bank of America Corp. | 1,643,010 | $47,647 | 0.2% | $23.94 | +2.3% | Common | 060505104 |
| PNC | PNC Financial Services Group, Inc. | 327,451 | $44,952 | 0.2% | $69.16 | +50.5% | Common | 693475105 |
| DFNL | Davis Select Financial | 1,904,737 | $44,380 | 0.2% | $21.36 | — | ETF | 23908L108 |
| DWLD | Davis Select Worldwide | 1,803,388 | $42,067 | 0.2% | $22.28 | — | ETF | 23908L306 |
| JCI | Johnson Controls International PLC | 1,002,195 | $41,401 | 0.2% | $32.09 | +4.0% | Common | G51502105 |
| STT | State Street Corp. | 736,636 | $41,296 | 0.2% | $53.85 | -7.1% | Common | 857477103 |
| NOAH | Noah Holdings Ltd., ADS | 943,832 | $40,160 | 0.2% | $26.44 | — | ADR | 65487X102 |
| KKR | KKR & Co. Inc., Class A | 1,512,690 | $38,226 | 0.2% | $24.27 | -8.2% | Common | 48251W104 |
| YRD | Yirendai Ltd., ADR | 2,692,098 | $37,043 | 0.2% | $20.97 | — | ADR | 98585L100 |
| ETN | Eaton Corp. PLC | 437,499 | $36,435 | 0.2% | $52.58 | +35.8% | Common | G29183103 |
| EG | Everest Re Group, Ltd. | 147,322 | $36,415 | 0.2% | $113.03 | +84.7% | Common | G3223R108 |
| HUM | Humana Inc. | 133,960 | $35,540 | 0.2% | $239.24 | 0.0% | Common | 444859102 |
| IQ | iQIYI, Inc., Class A, ADR | 1,661,546 | $34,311 | 0.2% | $17.40 | — | ADR | 46267X108 |
| SPG | Simon Property Group, Inc. | 198,790 | $31,759 | 0.2% | $106.89 | +11.4% | Common | 828806109 |
| QRVO | Qorvo, Inc. | 475,642 | $31,683 | 0.2% | $74.45 | -6.7% | Common | 74736K101 |
| AVB | AvalonBay Communities, Inc. | 145,870 | $29,638 | 0.1% | $119.75 | +34.3% | Common | 053484101 |
| EQIX | Equinix, Inc. | 57,880 | $29,188 | 0.1% | $359.32 | +18.1% | Common | 29444U700 |
| PLD | Prologis, Inc. | 340,028 | $27,236 | 0.1% | $42.31 | +49.7% | Common | 74340W103 |
| — | Liberty Global plc, Series C | 962,034 | $25,523 | 0.1% | $51.51 | — | Common | G5480U120 |
| — | GCI Liberty, Inc., Class A | 398,598 | $24,498 | 0.1% | $52.86 | — | Common | 36164V305 |
| — | Qurate Retail, Inc. Series A | 1,625,369 | $20,138 | 0.1% | $21.22 | — | Common | 74915M100 |
| BXP | Boston Properties, Inc. | 151,480 | $19,541 | 0.1% | $78.85 | +23.7% | Common | 101121101 |
| OC | Owens Corning | 335,744 | $19,540 | 0.1% | $48.47 | +5.3% | Common | 690742101 |
| ESS | Essex Property Trust, Inc. | 66,591 | $19,440 | 0.1% | $137.15 | +66.6% | Common | 297178105 |
| SCHW | Charles Schwab Corp. | 480,084 | $19,295 | 0.1% | $21.24 | +86.8% | Common | 808513105 |
| SAP | SAP SE, ADR | 140,125 | $19,169 | 0.1% | $77.70 | — | ADR | 803054204 |
| — | Aptiv PLC | 220,420 | $17,817 | 0.1% | $84.73 | — | Common | G6095L109 |
| CPT | Camden Property Trust | 170,550 | $17,804 | 0.1% | $62.04 | +31.9% | Common | 133131102 |
| — | Hudson Pacific Properties, Inc. | 534,520 | $17,783 | 0.1% | $33.03 | — | Common | 444097109 |
| EQR | Equity Residential | 233,310 | $17,713 | 0.1% | $45.44 | +30.6% | Common | 29476L107 |
| CCI | Crown Castle International Corp. | 134,990 | $17,596 | 0.1% | $63.29 | +52.6% | Common | 22822V101 |
| — | Ctrip.com International, Ltd., ADR | 476,313 | $17,581 | 0.1% | $41.78 | — | ADR | 22943F100 |
| DLR | Digital Realty Trust, Inc. | 146,950 | $17,309 | 0.1% | $81.99 | +15.3% | Common | 253868103 |
| GLRE | Greenlight Capital Re, Ltd., Class A | 2,036,640 | $17,291 | 0.1% | $13.13 | -21.7% | Common | G4095J109 |
| PSA | Public Storage, Inc. | 71,060 | $16,924 | 0.1% | $168.88 | +2.9% | Common | 74460D109 |
| CI | Cigna Corp. | 106,034 | $16,706 | 0.1% | $187.46 | -23.5% | Common | 125523100 |
| — | American Campus Communities, Inc. | 352,114 | $16,254 | 0.1% | $39.42 | — | Common | 024835100 |
| ARE | Alexandria Real Estate Equities, Inc. | 113,937 | $16,075 | 0.1% | $56.75 | +97.6% | Common | 015271109 |
| REXR | Rexford Industrial Realty, Inc. | 397,480 | $16,046 | 0.1% | $25.21 | — | Common | 76169C100 |
| AKR | Acadia Realty Trust | 583,900 | $15,981 | 0.1% | $27.39 | — | Common | 004239109 |
| LILAK | Liberty Latin America Ltd., Class C | 915,149 | $15,731 | 0.1% | $20.25 | -11.3% | Common | G9001E128 |
| TRNO | Terreno Realty Corp. | 313,137 | $15,356 | 0.1% | $23.34 | — | Common | 88146M101 |
| — | Federal Realty Investment Trust | 112,660 | $14,506 | 0.1% | $121.74 | — | Common | 313747206 |
| REG | Regency Centers Corp. | 195,180 | $13,026 | 0.1% | $46.37 | +10.1% | Common | 758849103 |
| — | Azul S.A., ADR | 381,712 | $12,764 | 0.1% | $17.99 | — | ADR | 05501U106 |
| — | China Index Holdings Ltd., ADR | 3,593,523 | $12,757 | 0.1% | $3.55 | — | ADR | 16954W101 |
| — | Liberty Expedia Holdings, Inc. | 266,654 | $12,743 | 0.1% | $39.67 | — | Common | 53046P109 |
| VTR | Ventas, Inc. | 184,950 | $12,641 | 0.1% | $45.30 | +7.8% | Common | 92276F100 |
| WELL | Welltower Inc. | 150,120 | $12,239 | 0.1% | $63.99 | 0.0% | Common | 95040Q104 |
| — | Tarena International, Inc.,Class A, ADR | 4,887,670 | $12,219 | 0.1% | $14.48 | — | ADR | 876108101 |
| — | Altus Midstream Co., Class A | 3,256,100 | $12,113 | 0.1% | $6.18 | — | Common | 02215L100 |
| BRX | Brixmor Property Group, Inc. | 615,800 | $11,011 | 0.1% | $16.39 | — | Common | 11120U105 |
| BIDU | Baidu, Inc., Class A, ADR | 91,381 | $10,724 | 0.1% | $196.72 | — | ADR | 056752108 |
| HST | Host Hotels & Resorts, Inc. | 585,680 | $10,671 | 0.1% | $11.27 | +30.9% | Common | 44107P104 |
| — | Coresite Realty Corp. | 90,710 | $10,447 | 0.1% | $94.26 | — | Common | 21870Q105 |
| — | HCP, Inc. | 324,406 | $10,375 | 0.1% | $28.15 | — | Common | 40414L109 |
| EXR | Extra Space Storage Inc. | 96,110 | $10,197 | 0.1% | $61.70 | +32.6% | Common | 30225T102 |
| VNO | Vornado Realty Trust | 136,490 | $8,749 | 0.0% | $87.85 | — | Common | 929042109 |
| BDN | Brandywine Realty Trust | 586,291 | $8,396 | 0.0% | $17.55 | — | Common | 105368203 |
| CUZ | Cousins Properties, Inc. | 213,815 | $7,734 | 0.0% | $36.17 | — | Common | 222795502 |
| ELS | Equity LifeStyle Properties, Inc. | 62,680 | $7,606 | 0.0% | $97.28 | — | Common | 29472R108 |
| SUI | Sun Communities, Inc. | 59,070 | $7,572 | 0.0% | $102.09 | — | Common | 866674104 |
| — | Fang Holdings Ltd., Class A, ADR | 10,568,354 | $6,566 | 0.0% | $4.19 | — | ADR | 30711Y102 |
| — | Liberty Property Trust | 129,370 | $6,474 | 0.0% | $42.04 | — | Common | 531172104 |
| — | Retail Opportunity Investments Corp. | 349,545 | $5,988 | 0.0% | $18.54 | — | Common | 76131N101 |
| — | STORE Capital Corp. | 174,210 | $5,782 | 0.0% | $33.26 | — | Common | 862121100 |
| — | SL Green Realty Corp. | 71,510 | $5,747 | 0.0% | $105.37 | — | Common | 78440X101 |
| — | Life Storage, Inc. | 59,850 | $5,691 | 0.0% | $86.40 | — | Common | 53223X107 |
| CUBE | CubeSmart | 145,980 | $4,882 | 0.0% | $27.21 | — | Common | 229663109 |
| — | Liberty TripAdvisor Hldgs Inc. - A | 379,150 | $4,701 | 0.0% | $33.90 | — | Common | 531465102 |
| RHP | Ryman Hospitality Properties, Inc. | 50,010 | $4,055 | 0.0% | $80.11 | — | Common | 78377T107 |
| AMH | American Homes 4 Rent, Class A | 162,940 | $3,961 | 0.0% | $21.92 | — | Common | 02665T306 |
| INVH | Invitation Homes, Inc. | 144,430 | $3,861 | 0.0% | $18.86 | +12.1% | Common | 46187W107 |
| EGP | EastGroup Properties, Inc. | 29,230 | $3,390 | 0.0% | $58.13 | — | Common | 277276101 |
| MAA | Mid-America Apartment Communities, Inc. | 27,490 | $3,237 | 0.0% | $78.82 | +14.2% | Common | 59522J103 |
| FR | First Industrial Realty Trust, Inc. | 81,770 | $3,004 | 0.0% | $21.10 | — | Common | 32054K103 |
| ALEX | Alexander & Baldwin, Inc. | 127,240 | $2,939 | 0.0% | $25.41 | — | Common | 014491104 |
| MAC | Macerich Co. | 66,530 | $2,228 | 0.0% | $43.16 | — | Common | 554382101 |
| NVS | Novartis AG - ADR | 23,024 | $2,102 | 0.0% | $81.34 | — | ADR | 66987V109 |
| COST | Costco Wholesale Corp. | 7,680 | $2,030 | 0.0% | $86.56 | +161.8% | Common | 22160K105 |
| — | 58.com Inc., Class A, ADR | 22,790 | $1,417 | 0.0% | $41.57 | — | ADR | 31680Q104 |
| FUTU | Futu Holdings Ltd., Class A, ADR | 97,320 | $1,029 | 0.0% | $18.52 | — | ADR | 36118L106 |
| AXTA | Axalta Coating Systems Ltd. | 23,540 | $701 | 0.0% | $28.60 | -7.3% | Common | G0750C108 |
| — | Xilinx, Inc. | 5,685 | $670 | 0.0% | $46.83 | — | Common | 983919101 |
| — | Lam Research Corp. | 3,485 | $655 | 0.0% | $83.02 | — | Common | 512807108 |
| PPG | PPG Industries, Inc. | 5,470 | $638 | 0.0% | $86.33 | +16.3% | Common | 693506107 |
| DXC | DXC Technology Co. | 11,319 | $624 | 0.0% | $64.92 | -13.9% | Common | 23355L106 |
| FDX | FedEx Corp. | 3,190 | $524 | 0.0% | $170.35 | -9.1% | Common | 31428X106 |
| KMX | CarMax, Inc. | 5,046 | $438 | 0.0% | $46.21 | +69.2% | Common | 143130102 |
| HPQ | HP, Inc. | 20,830 | $433 | 0.0% | $7.89 | +99.1% | Common | 40434L105 |
| — | The Stars Group, Inc. | 24,980 | $426 | 0.0% | $17.28 | — | Common | 85570W100 |
| EA | Electronic Arts, Inc. | 2,960 | $300 | 0.0% | $125.34 | -26.1% | Common | 285512109 |
| DD | DowDuPont, Inc. | 4,000 | $300 | 0.0% | $27.24 | 0.0% | Common | 26614N102 |