CIK: 0001036325 · Show all filings
Period: Q3 2019 (← Previous) (Next →)
Filing Date: Nov 13, 2019
Total Value ($000): $19,874,750 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WFC | Wells Fargo & Co. | 27,467,268 | $1,385,449 | 7.0% | $29.39 | +35.4% | Common | 949746101 |
| COF | Capital One Financial Corp. | 13,663,040 | $1,243,063 | 6.3% | $71.39 | +12.9% | Common | 14040H105 |
| — | New Oriental Education & Tech ADR | 10,622,576 | $1,176,557 | 5.9% | $74.76 | — | ADR | 647581107 |
| GOOG | Alphabet Inc., Class C | 915,057 | $1,115,454 | 5.6% | $35.82 | +63.9% | Common | 02079K107 |
| AMZN | Amazon.com, Inc. | 630,264 | $1,094,082 | 5.5% | $16.54 | +460.5% | Common | 023135106 |
| — | United Technologies Corp. | 7,869,473 | $1,074,341 | 5.4% | $93.01 | — | Common | 913017109 |
| BRK/A | Berkshire Hathaway Inc., Class A | 3,244 | $1,011,583 | 5.1% | $168191.69 | +84.0% | Common | 084670108 |
| JPM | JPMorgan Chase & Co. | 7,701,685 | $906,411 | 4.6% | $40.83 | +132.9% | Common | 46625H100 |
| META | Facebook, Inc, Class A | 4,466,648 | $795,421 | 4.0% | $133.43 | +41.5% | Common | 30303M102 |
| AMAT | Applied Materials, Inc. | 15,544,930 | $775,692 | 3.9% | $37.74 | +20.1% | Common | 038222105 |
| BK | Bank of New York Mellon Corp. | 16,279,343 | $735,989 | 3.7% | $22.02 | +68.0% | Common | 064058100 |
| BABA | Alibaba Group Holding Ltd., ADR | 4,176,607 | $698,454 | 3.5% | $163.53 | — | ADR | 01609W102 |
| AXP | American Express Co. | 5,856,906 | $692,755 | 3.5% | $59.62 | +88.8% | Common | 025816109 |
| — | Apache Corp. | 21,996,556 | $563,112 | 2.8% | $46.09 | — | Common | 037411105 |
| GOOGL | Alphabet Inc., Class A | 451,888 | $551,819 | 2.8% | $36.73 | +60.0% | Common | 02079K305 |
| TXN | Texas Instruments, Inc. | 3,892,068 | $503,011 | 2.5% | $29.01 | +254.6% | Common | 882508104 |
| USB | U.S. Bancorp | 8,685,980 | $480,682 | 2.4% | $36.08 | +14.0% | Common | 902973304 |
| DGX | Quest Diagnostics, Inc. | 3,978,452 | $425,814 | 2.1% | $76.36 | +18.6% | Common | 74834L100 |
| INTC | Intel Corp. | 7,313,775 | $376,879 | 1.9% | $42.15 | +2.1% | Common | 458140100 |
| BRK/B | Berkshire Hathaway Inc., Class B | 1,593,552 | $331,491 | 1.7% | $126.14 | +63.3% | Common | 084670702 |
| CB | Chubb Ltd. | 2,001,929 | $323,191 | 1.6% | $103.37 | +34.8% | Common | H1467J104 |
| MKL | Markel Corp. | 225,069 | $266,009 | 1.3% | $559.36 | +103.1% | Common | 570535104 |
| MSFT | Microsoft Corp. | 1,744,532 | $242,542 | 1.2% | $26.70 | +386.5% | Common | 594918104 |
| — | Encana Corp. | 48,956,580 | $225,200 | 1.1% | $12.36 | — | Common | 292505104 |
| ADNT | Adient plc | 8,952,876 | $205,558 | 1.0% | $50.03 | -54.4% | Common | G0084W101 |
| JD | JD.com, Inc., Class A, ADR | 5,275,063 | $148,810 | 0.7% | $29.35 | — | ADR | 47215P106 |
| ORCL | Oracle Corp. | 2,525,485 | $138,977 | 0.7% | $27.58 | +82.6% | Common | 68389X105 |
| MGY | Magnolia Oil & Gas Corp., Class A | 12,213,124 | $135,566 | 0.7% | $13.05 | -17.8% | Common | 559663109 |
| L | Loews Corp. | 2,546,794 | $131,109 | 0.7% | $42.08 | +19.4% | Common | 540424108 |
| BKNG | Booking Holdings, Inc. | 51,450 | $100,976 | 0.5% | $1933.58 | -1.5% | Common | 09857L108 |
| — | Hollysys Automation Technologies, Ltd. | 6,629,103 | $100,696 | 0.5% | $19.15 | — | Common | G45667105 |
| NTB | Bank of N.T. Butterfield & Son Ltd. | 3,329,656 | $98,691 | 0.5% | $29.13 | -25.5% | Common | G0772R208 |
| DUSA | Davis Select U.S. Equity | 3,169,516 | $75,590 | 0.4% | $21.77 | — | ETF | 23908L207 |
| BAC | Bank of America Corp. | 2,552,852 | $74,467 | 0.4% | $24.17 | +1.7% | Common | 060505104 |
| CVS | CVS Health Corp. | 1,065,535 | $67,203 | 0.3% | $59.39 | -18.5% | Common | 126650100 |
| DINT | Davis Select International | 3,654,046 | $63,579 | 0.3% | $18.17 | — | ETF | 23908L405 |
| UNH | UnitedHealth Group, Inc. | 235,081 | $51,088 | 0.3% | $181.38 | +19.7% | Common | 91324P102 |
| GS | Goldman Sachs Group, Inc. | 242,484 | $50,250 | 0.3% | $127.86 | +40.5% | Common | 38141G104 |
| PNC | PNC Financial Services Group, Inc. | 335,117 | $46,970 | 0.2% | $70.04 | +53.7% | Common | 693475105 |
| DFNL | Davis Select Financial | 1,904,737 | $45,266 | 0.2% | $21.36 | — | ETF | 23908L108 |
| STT | State Street Corp. | 743,124 | $43,986 | 0.2% | $53.85 | -16.4% | Common | 857477103 |
| JCI | Johnson Controls International PLC | 991,133 | $43,501 | 0.2% | $32.09 | +15.3% | Common | G51502105 |
| — | Alleghany Corporation | 51,813 | $41,334 | 0.2% | $596.56 | — | Common | 017175100 |
| DWLD | Davis Select Worldwide | 1,803,388 | $41,226 | 0.2% | $22.28 | — | ETF | 23908L306 |
| SCHW | Charles Schwab Corp. | 933,808 | $39,061 | 0.2% | $28.85 | +27.9% | Common | 808513105 |
| ETN | Eaton Corp. PLC | 432,507 | $35,963 | 0.2% | $52.58 | +37.2% | Common | G29183103 |
| SPG | Simon Property Group, Inc. | 225,730 | $35,135 | 0.2% | $107.14 | +1.7% | Common | 828806109 |
| QRVO | Qorvo, Inc. | 465,744 | $34,530 | 0.2% | $74.45 | -2.4% | Common | 74736K101 |
| HUM | Humana Inc. | 134,266 | $34,328 | 0.2% | $239.24 | +10.8% | Common | 444859102 |
| KKR | KKR & Co. Inc., Class A | 1,252,876 | $33,640 | 0.2% | $24.27 | +1.7% | Common | 48251W104 |
| — | Quotient Technology, Inc. | 4,209,022 | $32,915 | 0.2% | $10.64 | — | Common | 749119103 |
| AVB | AvalonBay Communities, Inc. | 151,320 | $32,584 | 0.2% | $121.46 | +37.6% | Common | 053484101 |
| PLD | Prologis, Inc. | 352,878 | $30,072 | 0.2% | $43.30 | +60.0% | Common | 74340W103 |
| CI | Cigna Corp. | 187,116 | $28,402 | 0.1% | $170.73 | -12.8% | Common | 125523100 |
| EG | Everest Re Group, Ltd. | 105,158 | $27,981 | 0.1% | $113.03 | +95.4% | Common | G3223R108 |
| NOAH | Noah Holdings Ltd., ADS | 923,214 | $26,958 | 0.1% | $26.44 | — | ADR | 65487X102 |
| — | GCI Liberty, Inc., Class A | 382,188 | $23,722 | 0.1% | $52.86 | — | Common | 36164V305 |
| — | Liberty Global plc, Series C | 946,074 | $22,507 | 0.1% | $51.51 | — | Common | G5480U120 |
| ESS | Essex Property Trust, Inc. | 68,351 | $22,327 | 0.1% | $140.05 | +78.2% | Common | 297178105 |
| OC | Owens Corning | 329,882 | $20,849 | 0.1% | $48.47 | +18.1% | Common | 690742101 |
| EQIX | Equinix, Inc. | 35,930 | $20,724 | 0.1% | $359.32 | +32.9% | Common | 29444U700 |
| EQR | Equity Residential | 239,570 | $20,665 | 0.1% | $45.92 | +39.4% | Common | 29476L107 |
| GLRE | Greenlight Capital Re, Ltd., Class A | 1,929,654 | $20,261 | 0.1% | $13.13 | -28.3% | Common | G4095J109 |
| CPT | Camden Property Trust | 177,490 | $19,703 | 0.1% | $63.00 | +37.3% | Common | 133131102 |
| — | China Index Holdings Ltd., ADR | 4,907,385 | $19,139 | 0.1% | $3.64 | — | ADR | 16954W101 |
| — | American Campus Communities, Inc. | 395,984 | $19,039 | 0.1% | $40.38 | — | Common | 024835100 |
| — | Aptiv PLC | 212,977 | $18,618 | 0.1% | $84.73 | — | Common | G6095L109 |
| ARE | Alexandria Real Estate Equities, Inc. | 118,927 | $18,320 | 0.1% | $59.22 | +95.2% | Common | 015271109 |
| — | Hudson Pacific Properties, Inc. | 541,430 | $18,116 | 0.1% | $33.03 | — | Common | 444097109 |
| REXR | Rexford Industrial Realty, Inc. | 410,360 | $18,064 | 0.1% | $25.80 | — | Common | 76169C100 |
| PSA | Public Storage, Inc. | 73,630 | $18,059 | 0.1% | $169.68 | +13.1% | Common | 74460D109 |
| AKR | Acadia Realty Trust | 603,920 | $17,260 | 0.1% | $27.43 | — | Common | 004239109 |
| IQ | iQIYI, Inc., Class A, ADR | 1,058,077 | $17,067 | 0.1% | $17.40 | — | ADR | 46267X108 |
| YRD | Yirendai Ltd., ADR | 2,404,034 | $16,876 | 0.1% | $20.97 | — | ADR | 98585L100 |
| TRNO | Terreno Realty Corp. | 322,657 | $16,485 | 0.1% | $24.15 | — | Common | 88146M101 |
| — | Qurate Retail, Inc. Series A | 1,550,161 | $15,991 | 0.1% | $21.22 | — | Common | 74915M100 |
| SAP | SAP SE, ADR | 135,527 | $15,975 | 0.1% | $77.70 | — | ADR | 803054204 |
| — | Federal Realty Investment Trust | 116,850 | $15,908 | 0.1% | $122.25 | — | Common | 313747206 |
| LILAK | Liberty Latin America Ltd., Class C | 877,029 | $14,993 | 0.1% | $20.25 | -21.8% | Common | G9001E128 |
| DLR | Digital Realty Trust, Inc. | 111,180 | $14,432 | 0.1% | $81.99 | +18.9% | Common | 253868103 |
| VTR | Ventas, Inc. | 195,550 | $14,281 | 0.1% | $45.83 | +19.9% | Common | 92276F100 |
| REG | Regency Centers Corp. | 203,750 | $14,159 | 0.1% | $46.56 | +9.6% | Common | 758849103 |
| — | Ctrip.com International, Ltd., ADR | 481,331 | $14,098 | 0.1% | $41.65 | — | ADR | 22943F100 |
| WELL | Welltower Inc. | 155,510 | $14,097 | 0.1% | $64.25 | +11.4% | Common | 95040Q104 |
| BXP | Boston Properties, Inc. | 106,190 | $13,769 | 0.1% | $78.85 | +20.6% | Common | 101121101 |
| — | Azul S.A., ADR | 382,876 | $13,715 | 0.1% | $17.99 | — | ADR | 05501U106 |
| BRX | Brixmor Property Group, Inc. | 638,450 | $12,954 | 0.1% | $16.53 | — | Common | 11120U105 |
| CTRA | Cabot Oil & Gas Corp. | 707,142 | $12,424 | 0.1% | $14.36 | 0.0% | Common | 127097103 |
| EXPE | Expedia Group, Inc. | 92,047 | $12,372 | 0.1% | $129.93 | 0.0% | Common | 30212P303 |
| — | HCP, Inc. | 340,096 | $12,118 | 0.1% | $28.49 | — | Common | 40414L109 |
| VNO | Vornado Realty Trust | 189,410 | $12,060 | 0.1% | $81.10 | — | Common | 929042109 |
| EXR | Extra Space Storage Inc. | 99,410 | $11,613 | 0.1% | $62.67 | +44.9% | Common | 30225T102 |
| CUZ | Cousins Properties, Inc. | 302,545 | $11,373 | 0.1% | $36.59 | — | Common | 222795502 |
| — | Altus Midstream Co., Class A | 3,968,360 | $11,230 | 0.1% | $5.58 | — | Common | 02215L100 |
| CCI | Crown Castle International Corp. | 77,640 | $10,793 | 0.1% | $63.29 | +65.5% | Common | 22822V101 |
| HST | Host Hotels & Resorts, Inc. | 604,090 | $10,445 | 0.1% | $11.34 | +19.3% | Common | 44107P104 |
| BIDU | Baidu, Inc., Class A, ADR | 91,573 | $9,410 | 0.0% | $196.72 | — | ADR | 056752108 |
| BDN | Brandywine Realty Trust | 606,441 | $9,188 | 0.0% | $17.47 | — | Common | 105368203 |
| SUI | Sun Communities, Inc. | 61,320 | $9,103 | 0.0% | $103.79 | — | Common | 866674104 |
| ELS | Equity LifeStyle Properties, Inc. | 65,040 | $8,689 | 0.0% | $98.60 | — | Common | 29472R108 |
| — | Liberty Property Trust | 134,020 | $6,879 | 0.0% | $42.36 | — | Common | 531172104 |
| — | STORE Capital Corp. | 180,540 | $6,754 | 0.0% | $33.40 | — | Common | 862121100 |
| — | Coresite Realty Corp. | 53,950 | $6,574 | 0.0% | $94.26 | — | Common | 21870Q105 |
| — | Life Storage, Inc. | 61,540 | $6,487 | 0.0% | $86.92 | — | Common | 53223X107 |
| — | Retail Opportunity Investments Corp. | 352,445 | $6,425 | 0.0% | $18.54 | — | Common | 76131N101 |
| — | SL Green Realty Corp. | 70,660 | $5,776 | 0.0% | $105.37 | — | Common | 78440X101 |
| CUBE | CubeSmart | 150,120 | $5,239 | 0.0% | $27.42 | — | Common | 229663109 |
| — | Fang Holdings Ltd., Class A, ADR | 2,013,863 | $4,471 | 0.0% | $2.22 | — | ADR | 30711Y201 |
| INVH | Invitation Homes, Inc. | 148,580 | $4,399 | 0.0% | $18.99 | +23.6% | Common | 46187W107 |
| AMH | American Homes 4 Rent, Class A | 168,740 | $4,369 | 0.0% | $22.06 | — | Common | 02665T306 |
| RHP | Ryman Hospitality Properties, Inc. | 51,840 | $4,241 | 0.0% | $80.17 | — | Common | 78377T107 |
| — | Tarena International, Inc.,Class A, ADR | 4,096,689 | $4,056 | 0.0% | $14.48 | — | ADR | 876108101 |
| EGP | EastGroup Properties, Inc. | 30,070 | $3,759 | 0.0% | $60.00 | — | Common | 277276101 |
| MAA | Mid-America Apartment Communities, Inc. | 28,400 | $3,692 | 0.0% | $79.51 | +26.0% | Common | 59522J103 |
| — | Liberty TripAdvisor Hldgs Inc. - A | 363,520 | $3,421 | 0.0% | $33.90 | — | Common | 531465102 |
| — | CyrusOne Inc. | 42,250 | $3,342 | 0.0% | $79.10 | — | Common | 23283R100 |
| FR | First Industrial Realty Trust, Inc. | 84,200 | $3,331 | 0.0% | $21.64 | — | Common | 32054K103 |
| ALEX | Alexander & Baldwin, Inc. | 131,850 | $3,232 | 0.0% | $25.38 | — | Common | 014491104 |
| MAC | Macerich Co. | 67,570 | $2,135 | 0.0% | $42.99 | — | Common | 554382101 |
| NVS | Novartis AG - ADR | 24,056 | $2,090 | 0.0% | $81.58 | — | ADR | 66987V109 |
| DXC | DXC Technology Co. | 69,539 | $2,051 | 0.0% | $45.18 | -8.5% | Common | 23355L106 |
| — | 58.com Inc., Class A, ADR | 22,790 | $1,124 | 0.0% | $41.57 | — | ADR | 31680Q104 |
| — | Lam Research Corp. | 3,485 | $805 | 0.0% | $83.02 | — | Common | 512807108 |
| AXTA | Axalta Coating Systems Ltd. | 23,540 | $710 | 0.0% | $28.60 | +3.2% | Common | G0750C108 |
| — | Slack Technologies, Inc., Class A | 27,900 | $662 | 0.0% | $23.73 | — | Common | 83088V102 |
| PPG | PPG Industries, Inc. | 5,470 | $648 | 0.0% | $86.33 | +17.9% | Common | 693506107 |
| — | Xilinx, Inc. | 5,685 | $545 | 0.0% | $46.83 | — | Common | 983919101 |
| — | The Stars Group, Inc. | 36,150 | $542 | 0.0% | $16.57 | — | Common | 85570W100 |
| IVE | iShares S&P 500 Value ETF | 4,288 | $511 | 0.0% | $119.17 | — | ETF | 464287408 |
| FDX | FedEx Corp. | 3,190 | $464 | 0.0% | $170.35 | -15.9% | Common | 31428X106 |
| HPQ | HP, Inc. | 20,830 | $394 | 0.0% | $7.89 | +99.3% | Common | 40434L105 |
| KMX | CarMax, Inc. | 4,440 | $391 | 0.0% | $46.21 | +85.7% | Common | 143130102 |
| EA | Electronic Arts, Inc. | 2,960 | $290 | 0.0% | $125.34 | -27.1% | Common | 285512109 |
| DD | DowDuPont, Inc. | 4,000 | $285 | 0.0% | $27.24 | -4.9% | Common | 26614N102 |
| IWV | iShares Russell 3000 Index Fund | 1,450 | $252 | 0.0% | $173.79 | — | ETF | 464287689 |