Warren Buffett - Berkshire Hathaway Inc

Warren Buffett - Berkshire Hathaway

Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    29
Portfolio value:    $263,095,703,570

Holdings Activity Buys Sells History

History	Stock	Activity ▼	Share change	% change to portfolio
	Q1 2026
☰	GOOGL - Alphabet Inc.	Add 203.99%	36,403,656	3.98
☰	NYT - The New York Times Co.	Add 199.00%	10,080,791	0.32
☰	LEN - Lennar Corp.	Add 43.24%	3,048,692	0.10
☰	LEN.B - Lennar CL B	Add 31.34%	56,723	0.00
☰	DAL - Delta Air Lines, Inc.	Buy	39,809,456	1.01
☰	GOOG - Alphabet Inc.	Buy	3,585,215	0.39
☰	M - Macy's, Inc.	Buy	3,038,355	0.02
☰	BAC - Bank of America Corp.	Reduce 0.71%	3,671,769	0.07
☰	LLYVK - Liberty Live Holdings, Inc.	Reduce 3.03%	330,518	0.01
☰	DVA - DaVita Inc.	Reduce 5.22%	1,658,480	0.07
☰	CVX - Chevron Corp.	Reduce 35.17%	45,780,506	2.55
☰	NUE - Nucor Corp.	Reduce 39.03%	2,500,674	0.15
☰	STZ - Constellation Brands, Inc.	Reduce 95.13%	12,367,110	0.62
☰	V - Visa Inc.	Sell 100.00%	8,297,460	1.06
☰	MA - Mastercard Inc.	Sell 100.00%	3,986,648	0.83
☰	UNH - UnitedHealth Group Inc.	Sell 100.00%	5,039,564	0.61
☰	DPZ - Domino's Pizza, Inc.	Sell 100.00%	3,350,000	0.51
☰	AON - Aon plc	Sell 100.00%	3,602,995	0.46
☰	POOL - Pool Corp.	Sell 100.00%	3,068,885	0.26
☰	AMZN - Amazon.com, Inc.	Sell 100.00%	2,276,000	0.19
☰	HEI.A - HEICO CL A	Sell 100.00%	1,294,612	0.12
☰	FWONK - Formula One Group	Sell 100.00%	3,018,555	0.11
☰	CHTR - Charter Communications, Inc.	Sell 100.00%	1,060,882	0.08
☰	LAMR - Lamar Advertising Co.	Sell 100.00%	1,202,410	0.06
☰	ALLE - Allegion plc	Sell 100.00%	780,133	0.05
☰	DEO - Diageo plc	Sell 100.00%	227,750	0.01
☰	LILA - Liberty Latin America Ltd.	Sell 100.00%	2,396,665	0.01
☰	LILAK - Liberty Latin America Ltd.	Sell 100.00%	1,284,020	0.00
☰	BATRK - Atlanta Braves Holdings, Inc.	Sell 100.00%	115,428	0.00
	Q4 2025
☰	DPZ - Domino's Pizza, Inc.	Add 12.34%	368,055	0.06
☰	CB - Chubb Ltd.	Add 9.31%	2,916,288	0.33
☰	CVX - Chevron Corp.	Add 6.63%	8,091,570	0.45
☰	LAMR - Lamar Advertising Co.	Add 0.02%	300	0.00
☰	LLYVK - Liberty Live Holdings, Inc.	Buy	10,917,661	0.33
☰	LLYVA - Liberty Live Holdings, Inc.	Buy	4,986,588	0.15
☰	NYT - The New York Times Co.	Buy	5,065,744	0.13
☰	FWONK - Formula One Group	Buy	3,018,555	0.11
☰	DVA - DaVita Inc.	Reduce 1.25%	401,514	0.02
☰	STZ - Constellation Brands, Inc.	Reduce 2.99%	400,000	0.02
☰	AAPL - Apple Inc.	Reduce 4.32%	10,294,956	0.98
☰	LILA - Liberty Latin America Ltd.	Reduce 8.90%	344,635	0.00
☰	BAC - Bank of America Corp.	Reduce 8.94%	50,774,078	0.98
☰	POOL - Pool Corp.	Reduce 11.28%	390,000	0.05
☰	AON - Aon plc	Reduce 12.12%	497,005	0.07
☰	BATRK - Atlanta Braves Holdings, Inc.	Reduce 48.39%	108,217	0.00
☰	AMZN - Amazon.com, Inc.	Reduce 77.24%	7,724,000	0.63
☰	LM0G - Liberty Media Corp Del	Sell 100.00%	10,917,661	0.40
☰	LM0H - Liberty Media Corp Del	Sell 100.00%	4,986,588	0.18
☰	LM09 - Liberty Media Corp Del	Sell 100.00%	3,018,555	0.12
	Q3 2025
☰	CB - Chubb Ltd.	Add 15.90%	4,299,111	0.45
☰	DPZ - Domino's Pizza, Inc.	Add 13.22%	348,077	0.06
☰	SIRI - Sirius XM Holdings Inc.	Add 4.20%	5,030,425	0.04
☰	LAMR - Lamar Advertising Co.	Add 2.79%	32,603	0.00
☰	LEN - Lennar Corp.	Add 0.03%	1,957	0.00
☰	LEN.B - Lennar CL B	Add 0.03%	50	0.00
☰	GOOGL - Alphabet Inc.	Buy	17,846,142	1.62
☰	NUE - Nucor Corp.	Reduce 3.12%	206,363	0.01
☰	DVA - DaVita Inc.	Reduce 4.84%	1,635,962	0.09
☰	BAC - Bank of America Corp.	Reduce 6.15%	37,197,363	0.68
☰	AAPL - Apple Inc.	Reduce 14.92%	41,787,236	3.33
☰	VRSN - VeriSign, Inc.	Reduce 32.36%	4,300,000	0.48
☰	DHI - D.R. Horton, Inc.	Sell 100.00%	1,485,350	0.07
	Q2 2025
☰	POOL - Pool Corp.	Add 136.26%	1,994,885	0.22
☰	LEN.B - Lennar CL B	Add 18.59%	28,358	0.00
☰	STZ - Constellation Brands, Inc.	Add 11.58%	1,391,000	0.09
☰	HEI.A - HEICO CL A	Add 11.40%	132,524	0.01
☰	CVX - Chevron Corp.	Add 2.91%	3,454,258	0.19
☰	DPZ - Domino's Pizza, Inc.	Add 0.51%	13,255	0.00
☰	UNH - UnitedHealth Group Inc.	Buy	5,039,564	0.61
☰	NUE - Nucor Corp.	Buy	6,614,112	0.33
☰	LEN - Lennar Corp.	Buy	7,048,993	0.30
☰	DHI - D.R. Horton, Inc.	Buy	1,485,350	0.07
☰	LAMR - Lamar Advertising Co.	Buy	1,169,507	0.06
☰	ALLE - Allegion plc	Buy	780,133	0.04
☰	DVA - DaVita Inc.	Reduce 3.83%	1,345,938	0.08
☰	BAC - Bank of America Corp.	Reduce 4.17%	26,306,156	0.42
☰	AAPL - Apple Inc.	Reduce 6.67%	20,000,000	1.72
☰	LM09 - Liberty Media Corp Del	Reduce 14.05%	493,445	0.02
☰	CHTR - Charter Communications, Inc.	Reduce 46.54%	923,377	0.13
☰	TMUS - T-Mobile US, Inc.	Sell 100.00%	3,883,145	0.40
	Q1 2025
☰	POOL - Pool Corp.	Add 144.53%	865,311	0.11
☰	STZ - Constellation Brands, Inc.	Add 113.52%	6,384,676	0.45
☰	HEI.A - HEICO CL A	Add 10.71%	112,401	0.01
☰	DPZ - Domino's Pizza, Inc.	Add 10.02%	238,613	0.04
☰	SIRI - Sirius XM Holdings Inc.	Add 1.96%	2,308,119	0.02
☰	OXY - Occidental Petroleum Corp.	Add 0.29%	763,017	0.01
☰	VRSN - VeriSign, Inc.	Add 0.14%	18,423	0.00
☰	CHTR - Charter Communications, Inc.	Reduce 0.38%	7,500	0.00
☰	DVA - DaVita Inc.	Reduce 2.64%	953,091	0.05
☰	COF - Capital One Financial Corp.	Reduce 4.03%	300,000	0.02
☰	BAC - Bank of America Corp.	Reduce 7.15%	48,660,056	0.80
☰	TMUS - T-Mobile US, Inc.	Reduce 10.73%	466,855	0.04
☰	LM09 - Liberty Media Corp Del	Reduce 48.36%	3,289,360	0.12
☰	C - Citigroup Inc.	Sell 100.00%	14,639,502	0.39
☰	NU - Nu Holdings Ltd.	Sell 100.00%	40,180,168	0.16
	Q4 2024
☰	DPZ - Domino's Pizza, Inc.	Add 86.49%	1,104,744	0.17
☰	POOL - Pool Corp.	Add 48.17%	194,632	0.03
☰	SIRI - Sirius XM Holdings Inc.	Add 11.71%	12,313,544	0.10
☰	VRSN - VeriSign, Inc.	Add 3.56%	455,844	0.04
☰	OXY - Occidental Petroleum Corp.	Add 3.49%	8,896,890	0.16
☰	STZ - Constellation Brands, Inc.	Buy	5,624,324	0.47
☰	LPX - Louisiana-Pacific Corp.	Reduce 5.03%	300,000	0.01
☰	TMUS - T-Mobile US, Inc.	Reduce 6.89%	322,000	0.02
☰	LM09 - Liberty Media Corp Del	Reduce 11.93%	921,091	0.03
☰	BAC - Bank of America Corp.	Reduce 14.72%	117,449,720	1.75
☰	COF - Capital One Financial Corp.	Reduce 18.13%	1,650,000	0.09
☰	CHTR - Charter Communications, Inc.	Reduce 29.42%	830,120	0.10
☰	NU - Nu Holdings Ltd.	Reduce 53.52%	46,258,829	0.24
☰	C - Citigroup Inc.	Reduce 73.50%	40,605,295	0.96
☰	SPY - State Street SPDR S&P 500 ETF Trust	Sell 100.00%	39,400	0.01
☰	VOO - Vanguard S&P 500 ETF	Sell 100.00%	43,000	0.01
☰	ULTA - Ulta Beauty, Inc.	Sell 100.00%	24,203	0.00
	Q3 2024
☰	SIRI - Sirius XM Holdings Inc.	Add 691.36%	91,867,208	0.81
☰	HEI.A - HEICO CL A	Add 0.52%	5,445	0.00
☰	DPZ - Domino's Pizza, Inc.	Buy	1,277,256	0.21
☰	POOL - Pool Corp.	Buy	404,057	0.06
☰	COF - Capital One Financial Corp.	Reduce 7.32%	719,052	0.04
☰	NU - Nu Holdings Ltd.	Reduce 19.31%	20,679,787	0.09
☰	BAC - Bank of America Corp.	Reduce 22.77%	235,168,699	3.34
☰	AAPL - Apple Inc.	Reduce 25.00%	100,000,000	7.52
☰	CHTR - Charter Communications, Inc.	Reduce 26.30%	1,007,062	0.11
☰	ULTA - Ulta Beauty, Inc.	Reduce 96.49%	665,903	0.10
☰	LSXMK - Liberty Media Corp Del	Sell 100.00%	70,002,897	0.55
☰	LSXMA - Liberty Media Corp Del	Sell 100.00%	35,182,219	0.28
☰	FND - Floor & Decor Holdings, Inc.	Sell 100.00%	3,977,870	0.14
	Q2 2024
☰	SIRI - Sirius XM Holdings Inc.	Add 262.24%	9,619,630	0.09
☰	LSXMA - Liberty Media Corp Del	Add 7.41%	2,426,595	0.02
☰	LSXMK - Liberty Media Corp Del	Add 6.90%	4,516,609	0.04
☰	CB - Chubb Ltd.	Add 4.28%	1,109,944	0.10
☰	OXY - Occidental Petroleum Corp.	Add 2.93%	7,263,396	0.16
☰	ULTA - Ulta Beauty, Inc.	Buy	690,106	0.10
☰	HEI.A - HEICO CL A	Buy	1,044,242	0.07
☰	LM0H - Liberty Media Corp Del	Reduce 1.29%	65,330	0.00
☰	LM0G - Liberty Media Corp Del	Reduce 1.93%	214,929	0.00
☰	CVX - Chevron Corp.	Reduce 3.55%	4,369,673	0.21
☰	LPX - Louisiana-Pacific Corp.	Reduce 9.60%	633,154	0.02
☰	TMUS - T-Mobile US, Inc.	Reduce 10.87%	570,000	0.03
☰	FND - Floor & Decor Holdings, Inc.	Reduce 16.78%	802,130	0.03
☰	COF - Capital One Financial Corp.	Reduce 21.27%	2,651,978	0.12
☰	AAPL - Apple Inc.	Reduce 49.33%	389,368,450	20.13
☰	SNOW - Snowflake Inc.	Sell 100.00%	6,125,376	0.30
☰	PARA - Paramount Global	Sell 100.00%	7,531,765	0.03
	Q1 2024
☰	LSXMA - Liberty Media Corp Del	Add 62.09%	12,547,944	0.11
☰	LSXMK - Liberty Media Corp Del	Add 51.56%	22,277,997	0.20
☰	OXY - Occidental Petroleum Corp.	Add 1.77%	4,302,324	0.08
☰	CB - Chubb Ltd.	Buy	25,923,840	2.03
☰	CVX - Chevron Corp.	Reduce 2.47%	3,113,119	0.13
☰	LPX - Louisiana-Pacific Corp.	Reduce 6.34%	446,962	0.01
☰	SIRI - Sirius XM Holdings Inc.	Reduce 8.85%	356,115	0.01
☰	AAPL - Apple Inc.	Reduce 12.83%	116,191,550	6.44
☰	PARA - Paramount Global	Reduce 88.11%	55,790,726	0.24
☰	HPQ - HP Inc.	Sell 100.00%	22,852,715	0.20
	Q4 2023
☰	SIRI - Sirius XM Holdings Inc.	Add 315.60%	3,055,984	0.05
☰	CVX - Chevron Corp.	Add 14.37%	15,845,037	0.68
☰	OXY - Occidental Petroleum Corp.	Add 8.74%	19,586,612	0.34
☰	AAPL - Apple Inc.	Reduce 1.09%	10,000,382	0.55
☰	PARA - Paramount Global	Reduce 32.44%	30,408,484	0.13
☰	HPQ - HP Inc.	Reduce 77.71%	79,666,320	0.65
☰	DHI - D.R. Horton, Inc.	Sell 100.00%	5,969,714	0.20
☰	MKL - Markel Group Inc.	Sell 100.00%	158,715	0.07
☰	STNE - Stoneco Ltd	Sell 100.00%	10,695,448	0.04
☰	GL - Globe Life Inc.	Sell 100.00%	831,014	0.03
	Q3 2023
☰	LM0G - Liberty Media Corp Del	Buy	11,132,590	0.11
☰	LM0H - Liberty Media Corp Del	Buy	5,051,918	0.05
☰	SIRI - Sirius XM Holdings Inc.	Buy	968,322	0.01
☰	BATRK - Atlanta Braves Holdings, Inc.	Buy	223,645	0.00
☰	AMZN - Amazon.com, Inc.	Reduce 5.22%	551,000	0.02
☰	AON - Aon plc	Reduce 5.42%	235,000	0.02
☰	CVX - Chevron Corp.	Reduce 10.45%	12,871,831	0.58
☰	HPQ - HP Inc.	Reduce 15.24%	18,433,783	0.16
☰	MKL - Markel Group Inc.	Reduce 66.35%	312,946	0.13
☰	GL - Globe Life Inc.	Reduce 66.97%	1,684,560	0.05
☰	ATVI - Activision Blizzard Inc	Sell 100.00%	14,658,121	0.35
☰	GM - General Motors Co.	Sell 100.00%	22,000,000	0.24
☰	CE - Celanese Corp.	Sell 100.00%	5,358,535	0.18
☰	JNJ - Johnson & Johnson	Sell 100.00%	327,100	0.02
☰	MDLZ - Mondelez International, Inc.	Sell 100.00%	578,000	0.01
☰	PG - The Procter & Gamble Co.	Sell 100.00%	315,400	0.01
☰	UPS - United Parcel Service, Inc.	Sell 100.00%	59,400	0.00
	Q2 2023
☰	COF - Capital One Financial Corp.	Add 25.69%	2,549,030	0.08
☰	OXY - Occidental Petroleum Corp.	Add 5.87%	12,422,073	0.21
☰	DHI - D.R. Horton, Inc.	Buy	5,969,714	0.21
☰	NVR - NVR, Inc.	Buy	11,112	0.02
☰	LEN.B - Lennar CL B	Buy	160,506	0.01
☰	CVX - Chevron Corp.	Reduce 7.01%	9,287,475	0.47
☰	CE - Celanese Corp.	Reduce 39.24%	3,460,481	0.12
☰	GM - General Motors Co.	Reduce 45.00%	18,000,000	0.20
☰	GL - Globe Life Inc.	Reduce 60.41%	3,838,153	0.13
☰	ATVI - Activision Blizzard Inc	Reduce 70.35%	34,781,660	0.91
☰	MCK - McKesson Corp.	Sell 100.00%	2,289,864	0.25
☰	MRSH - Marsh & McLennan Companies, Inc.	Sell 100.00%	404,911	0.02
☰	VTS - Vitesse Energy Inc	Sell 100.00%	51,026	0.00
	Q1 2023
☰	HPQ - HP Inc.	Add 15.77%	16,476,783	0.15
☰	OXY - Occidental Petroleum Corp.	Add 8.93%	17,355,469	0.33
☰	AAPL - Apple Inc.	Add 2.28%	20,424,207	1.04
☰	BAC - Bank of America Corp.	Add 2.25%	22,751,400	0.20
☰	MKL - Markel Group Inc.	Add 0.87%	4,050	0.00
☰	C - Citigroup Inc.	Add 0.16%	89,000	0.00
☰	PARA - Paramount Global	Add 0.10%	93,786	0.00
☰	COF - Capital One Financial Corp.	Buy	9,922,000	0.29
☰	DEO - Diageo plc	Buy	227,750	0.01
☰	VTS - Vitesse Energy Inc	Buy	51,026	0.00
☰	AMZN - Amazon.com, Inc.	Reduce 1.08%	115,000	0.00
☰	AON - Aon plc	Reduce 1.39%	61,000	0.01
☰	ALLY - Ally Financial Inc.	Reduce 2.68%	800,000	0.01
☰	ATVI - Activision Blizzard Inc	Reduce 6.22%	3,277,294	0.08
☰	CE - Celanese Corp.	Reduce 9.18%	891,167	0.03
☰	CVX - Chevron Corp.	Reduce 18.76%	30,568,176	1.83
☰	MCK - McKesson Corp.	Reduce 19.81%	565,650	0.07
☰	GM - General Motors Co.	Reduce 20.00%	10,000,000	0.11
☰	BNY - The Bank of New York Mellon Cor	Sell 100.00%	25,069,867	0.38
☰	RH - RH	Sell 100.00%	2,360,000	0.21
☰	TSM - Taiwan Semiconductor	Sell 100.00%	8,292,724	0.21
☰	USB - U.S. Bancorp	Sell 100.00%	6,670,835	0.10
	Q4 2022
☰	LPX - Louisiana-Pacific Corp.	Add 21.55%	1,249,003	0.02
☰	PARA - Paramount Global	Add 2.65%	2,420,679	0.01
☰	AAPL - Apple Inc.	Add 0.04%	333,856	0.01
☰	NU - Nu Holdings Ltd.	Buy	107,118,784	0.15
☰	KR - The Kroger Co.	Reduce 0.53%	268,823	0.00
☰	ALLY - Ally Financial Inc.	Reduce 0.67%	200,000	0.00
☰	CVX - Chevron Corp.	Reduce 1.44%	2,383,547	0.12
☰	MCK - McKesson Corp.	Reduce 10.72%	342,830	0.04
☰	ATVI - Activision Blizzard Inc	Reduce 12.35%	7,424,791	0.19
☰	BNY - The Bank of New York Mellon Cor	Reduce 59.70%	37,141,011	0.48
☰	TSM - Taiwan Semiconductor	Reduce 86.19%	51,768,156	1.20
☰	USB - U.S. Bancorp	Reduce 91.42%	71,117,379	0.97
	Q3 2022
☰	OXY - Occidental Petroleum Corp.	Add 22.58%	35,801,921	0.74
☰	PARA - Paramount Global	Add 16.32%	12,794,865	0.08
☰	RH - RH	Add 8.76%	190,000	0.02
☰	CE - Celanese Corp.	Add 6.04%	553,469	0.02
☰	CVX - Chevron Corp.	Add 2.43%	3,919,169	0.19
☰	TSM - Taiwan Semiconductor	Buy	60,060,880	1.39
☰	LPX - Louisiana-Pacific Corp.	Buy	5,795,906	0.10
☰	JEF - Jefferies Financial Group Inc.	Buy	453,502	0.00
☰	KR - The Kroger Co.	Reduce 4.14%	2,168,472	0.03
☰	GM - General Motors Co.	Reduce 5.44%	2,877,359	0.03
☰	ATVI - Activision Blizzard Inc	Reduce 12.07%	8,259,284	0.21
☰	BNY - The Bank of New York Mellon Cor	Reduce 14.02%	10,146,575	0.14
☰	USB - U.S. Bancorp	Reduce 35.07%	42,016,921	0.65
☰	STOR - Store Cap Corp	Sell 100.00%	6,928,413	0.06
	Q2 2022
☰	ALLY - Ally Financial Inc.	Add 234.47%	21,030,580	0.24
☰	OXY - Occidental Petroleum Corp.	Add 16.26%	22,176,729	0.44
☰	CE - Celanese Corp.	Add 16.19%	1,275,716	0.05
☰	PARA - Paramount Global	Add 13.74%	9,473,885	0.08
☰	MKL - Markel Group Inc.	Add 11.26%	47,318	0.02
☰	MCK - McKesson Corp.	Add 9.46%	276,369	0.03
☰	ATVI - Activision Blizzard Inc	Add 6.35%	4,085,928	0.11
☰	CVX - Chevron Corp.	Add 1.42%	2,262,032	0.11
☰	AAPL - Apple Inc.	Add 0.44%	3,878,909	0.18
☰	USB - U.S. Bancorp	Reduce 5.23%	6,612,752	0.10
☰	KR - The Kroger Co.	Reduce 9.57%	5,547,968	0.09
☰	GM - General Motors Co.	Reduce 14.78%	9,168,488	0.11
☰	STOR - Store Cap Corp	Reduce 53.04%	7,826,398	0.06
☰	RPRX - Royalty Pharma plc	Sell 100.00%	1,496,372	0.02
☰	VZ - Verizon Communications Inc.	Sell 100.00%	1,380,111	0.02
	Q1 2022
☰	FND - Floor & Decor Holdings, Inc.	Add 466.55%	3,936,291	0.09
☰	ATVI - Activision Blizzard Inc	Add 338.77%	49,657,101	1.10
☰	CVX - Chevron Corp.	Add 316.21%	120,933,081	5.43
☰	LM09 - Liberty Media Corp Del	Add 264.48%	5,603,705	0.11
☰	RH - RH	Add 19.46%	353,453	0.03
☰	GM - General Motors Co.	Add 3.41%	2,045,847	0.02
☰	AAPL - Apple Inc.	Add 0.43%	3,787,856	0.18
☰	OXY - Occidental Petroleum Corp.	Buy	136,373,000	2.13
☰	HPQ - HP Inc.	Buy	104,476,035	1.05
☰	C - Citigroup Inc.	Buy	55,155,797	0.81
☰	PARA - Paramount Global	Buy	68,947,760	0.72
☰	CE - Celanese Corp.	Buy	7,880,998	0.31
☰	MCK - McKesson Corp.	Buy	2,921,975	0.25
☰	MKL - Markel Group Inc.	Buy	420,293	0.17
☰	ALLY - Ally Financial Inc.	Buy	8,969,420	0.11
☰	KR - The Kroger Co.	Reduce 5.58%	3,427,647	0.05
☰	STOR - Store Cap Corp	Reduce 39.57%	9,660,357	0.10
☰	RPRX - Royalty Pharma plc	Reduce 82.70%	7,151,896	0.08
☰	VZ - Verizon Communications Inc.	Reduce 99.13%	157,444,464	2.48
☰	ABBV - AbbVie Inc.	Sell 100.00%	3,033,561	0.12
☰	BMY - Bristol-Myers Squibb Co.	Sell 100.00%	5,202,674	0.10
☰	WFC - Wells Fargo & Co.	Sell 100.00%	675,054	0.01
	Q4 2021
☰	LSXMA - Liberty Media Corp Delaware	Add 35.98%	5,347,320	0.08
☰	CVX - Chevron Corp.	Add 33.24%	9,541,517	0.34
☰	FND - Floor & Decor Holdings, Inc.	Add 3.29%	26,846	0.00
☰	RH - RH	Add 1.37%	24,580	0.00
☰	ATVI - Activision Blizzard Inc	Buy	14,658,121	0.30
☰	LM09 - Liberty Media Corp Del	Buy	2,118,746	0.04
☰	KR - The Kroger Co.	Reduce 0.61%	375,000	0.01
☰	MA - Mastercard Inc.	Reduce 7.04%	302,000	0.04
☰	CHTR - Charter Communications, Inc.	Reduce 8.85%	371,685	0.09
☰	V - Visa Inc.	Reduce 13.23%	1,265,000	0.10
☰	RPRX - Royalty Pharma plc	Reduce 34.21%	4,497,634	0.05
☰	BMY - Bristol-Myers Squibb Co.	Reduce 76.40%	16,844,262	0.34
☰	ABBV - AbbVie Inc.	Reduce 78.93%	11,364,927	0.42
☰	MRSH - Marsh & McLennan Companies, Inc.	Reduce 85.23%	2,336,844	0.12
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Sell 100.00%	42,789,295	0.14
☰	SIRI - Sirius XM Holdings Inc.	Sell 100.00%	43,658,800	0.09
	Q3 2021
☰	CVX - Chevron Corp.	Add 24.13%	5,579,599	0.19
☰	RPRX - Royalty Pharma plc	Buy	13,145,902	0.16
☰	FND - Floor & Decor Holdings, Inc.	Buy	816,863	0.03
☰	USB - U.S. Bancorp	Reduce 1.92%	2,471,019	0.05
☰	V - Visa Inc.	Reduce 4.26%	425,000	0.03
☰	MA - Mastercard Inc.	Reduce 6.05%	276,108	0.03
☰	BMY - Bristol-Myers Squibb Co.	Reduce 16.15%	4,247,330	0.10
☰	CHTR - Charter Communications, Inc.	Reduce 19.43%	1,012,835	0.25
☰	ABBV - AbbVie Inc.	Reduce 29.86%	6,129,373	0.24
☰	MRSH - Marsh & McLennan Companies, Inc.	Reduce 34.67%	1,454,937	0.07
☰	MRK - Merck & Co., Inc.	Sell 100.00%	9,157,192	0.24
☰	LBTYK - Liberty Global Ltd.	Sell 100.00%	1,876,522	0.02
☰	OGN - Organon & Co.	Sell 100.00%	1,550,481	0.02
	Q2 2021
☰	KR - The Kroger Co.	Add 21.01%	10,727,614	0.14
☰	AON - Aon plc	Add 7.32%	299,854	0.02
☰	RH - RH	Add 2.02%	35,519	0.01
☰	OGN - Organon & Co.	Buy	1,550,481	0.02
☰	USB - U.S. Bancorp	Reduce 0.62%	798,178	0.02
☰	CVX - Chevron Corp.	Reduce 2.32%	548,351	0.02
☰	ABBV - AbbVie Inc.	Reduce 10.23%	2,340,317	0.09
☰	GM - General Motors Co.	Reduce 10.45%	7,000,000	0.15
☰	BMY - Bristol-Myers Squibb Co.	Reduce 15.27%	4,737,961	0.11
☰	MRSH - Marsh & McLennan Companies, Inc.	Reduce 20.63%	1,090,834	0.05
☰	MRK - Merck & Co., Inc.	Reduce 51.14%	9,583,551	0.26
☰	LBTYK - Liberty Global Ltd.	Reduce 74.46%	10,448,552	0.05
☰	AXTA - Axalta Coating Systems Ltd.	Sell 100.00%	13,887,037	0.15
☰	BIIB - Biogen Inc.	Sell 100.00%	643,022	0.07
☰	LBTYA - Liberty Global Ltd.	Sell 100.00%	3,359,831	0.03
	Q1 2021
☰	KR - The Kroger Co.	Add 52.26%	17,526,279	0.23
☰	MRSH - Marsh & McLennan Companies, Inc.	Add 23.89%	1,019,701	0.05
☰	VZ - Verizon Communications Inc.	Add 8.25%	12,108,079	0.26
☰	RH - RH	Add 1.38%	23,900	0.01
☰	AON - Aon plc	Buy	4,096,146	0.35
☰	USB - U.S. Bancorp	Reduce 1.11%	1,450,914	0.03
☰	BMY - Bristol-Myers Squibb Co.	Reduce 6.91%	2,303,789	0.05
☰	GM - General Motors Co.	Reduce 7.59%	5,500,000	0.08
☰	ABBV - AbbVie Inc.	Reduce 10.44%	2,664,904	0.11
☰	SIRI - Sirius XM Holdings Inc.	Reduce 12.68%	634,120	0.02
☰	STNE - Stoneco Ltd	Reduce 24.50%	3,471,300	0.11
☰	MRK - Merck & Co., Inc.	Reduce 37.69%	11,334,169	0.33
☰	AXTA - Axalta Coating Systems Ltd.	Reduce 40.70%	9,532,963	0.10
☰	CVX - Chevron Corp.	Reduce 51.19%	24,826,694	0.78
☰	LBTYA - Liberty Global Ltd.	Reduce 81.34%	28,435,978	0.13
☰	WFC - Wells Fargo & Co.	Reduce 98.71%	51,748,813	0.58
☰	SYF - Synchrony Financial	Sell 100.00%	20,128,000	0.26
☰	SU - Suncor Energy Inc.	Sell 100.00%	13,849,207	0.09
	Q4 2020
☰	TMUS - T-Mobile US, Inc.	Add 117.23%	2,828,844	0.14
☰	KR - The Kroger Co.	Add 34.25%	8,555,578	0.10
☰	MRK - Merck & Co., Inc.	Add 28.10%	6,596,461	0.19
☰	ABBV - AbbVie Inc.	Add 20.07%	4,268,766	0.17
☰	BMY - Bristol-Myers Squibb Co.	Add 11.23%	3,364,822	0.08
☰	RH - RH	Add 1.42%	24,200	0.00
☰	VZ - Verizon Communications Inc.	Buy	146,716,496	3.19
☰	CVX - Chevron Corp.	Buy	48,498,965	1.52
☰	MRSH - Marsh & McLennan Companies, Inc.	Buy	4,267,825	0.18
☰	USB - U.S. Bancorp	Reduce 0.62%	823,834	0.01
☰	AAPL - Apple Inc.	Reduce 6.05%	57,160,000	2.89
☰	GM - General Motors Co.	Reduce 9.38%	7,500,000	0.10
☰	LILAK - Liberty Latin America Ltd.	Reduce 10.22%	215,173	0.00
☰	SU - Suncor Energy Inc.	Reduce 27.87%	5,352,318	0.03
☰	WFC - Wells Fargo & Co.	Reduce 58.84%	74,956,573	0.77
☰	ABX - Barrick Gold Corporation	Sell 100.00%	12,000,000	0.15
☰	MTB - M&T Bank Corp.	Sell 100.00%	2,919,613	0.12
☰	PNC - The PNC Financial Services Group, Inc.	Sell 100.00%	1,919,827	0.09
☰	PFE - Pfizer Inc.	Sell 100.00%	3,711,780	0.06
☰	JPM - JPMorgan Chase & Co.	Sell 100.00%	967,267	0.04
	Q3 2020
☰	KR - The Kroger Co.	Add 13.85%	3,038,360	0.05
☰	BAC - Bank of America Corp.	Add 9.20%	85,092,006	0.90
☰	GM - General Motors Co.	Add 7.12%	5,319,000	0.07
☰	LILAK - Liberty Latin America Ltd.	Add 4.88%	97,988	0.00
☰	ABBV - AbbVie Inc.	Buy	21,264,316	0.81
☰	MRK - Merck & Co., Inc.	Buy	23,478,451	0.81
☰	BMY - Bristol-Myers Squibb Co.	Buy	29,971,194	0.79
☰	SNOW - Snowflake Inc.	Buy	6,125,376	0.67
☰	TMUS - T-Mobile US, Inc.	Buy	2,413,156	0.12
☰	PFE - Pfizer Inc.	Buy	3,912,216	0.06
☰	AXTA - Axalta Coating Systems Ltd.	Reduce 2.70%	650,000	0.01
☰	AAPL - Apple Inc.	Reduce 3.70%	36,326,710	1.64
☰	DVA - DaVita Inc.	Reduce 5.25%	2,000,000	0.08
☰	LBTYA - Liberty Global Ltd.	Reduce 6.73%	2,523,300	0.01
☰	MTB - M&T Bank Corp.	Reduce 35.64%	1,616,561	0.08
☰	ABX - Barrick Gold Corporation	Reduce 42.64%	8,918,701	0.12
☰	WFC - Wells Fargo & Co.	Reduce 46.38%	110,202,265	1.39
☰	PNC - The PNC Financial Services Group, Inc.	Reduce 64.12%	3,430,759	0.18
☰	JPM - JPMorgan Chase & Co.	Reduce 95.64%	21,241,160	0.99
☰	COST - Costco Wholesale Corp.	Sell 100.00%	4,333,363	0.65
	Q2 2020
☰	LSXMK - Liberty Media Corp Delaware	Add 40.05%	12,357,306	0.21
☰	STOR - Store Cap Corp	Add 31.11%	5,793,494	0.07
☰	SU - Suncor Energy Inc.	Add 28.45%	4,252,494	0.04
☰	KR - The Kroger Co.	Add 15.84%	3,000,000	0.05
☰	ABX - Barrick Gold Corporation	Buy	20,918,701	0.28
☰	USB - U.S. Bancorp	Reduce 0.38%	497,786	0.01
☰	CHTR - Charter Communications, Inc.	Reduce 3.93%	213,148	0.05
☰	V - Visa Inc.	Reduce 5.44%	575,000	0.05
☰	MA - Mastercard Inc.	Reduce 7.50%	370,000	0.05
☰	BNY - The Bank of New York Mellon Cor	Reduce 9.29%	7,407,604	0.14
☰	MTB - M&T Bank Corp.	Reduce 15.72%	845,866	0.05
☰	WFC - Wells Fargo & Co.	Reduce 26.49%	85,630,213	1.40
☰	PNC - The PNC Financial Services Group, Inc.	Reduce 41.83%	3,847,398	0.21
☰	JPM - JPMorgan Chase & Co.	Reduce 61.52%	35,506,006	1.82
☰	SIRI - Sirius XM Holdings Inc.	Reduce 62.24%	8,241,873	0.23
☰	DAL - Delta Air Lines, Inc.	Sell 100.00%	71,886,963	1.17
☰	LUV - Southwest Airlines Co.	Sell 100.00%	53,642,713	1.09
☰	UAL - United Airlines Holdings, Inc.	Sell 100.00%	22,157,608	0.40
☰	AAL - American Airlines Group Inc.	Sell 100.00%	41,909,000	0.29
☰	QSR - Restaurant Brands International Inc.	Sell 100.00%	8,438,225	0.19
☰	GS - The Goldman Sachs Group, Inc.	Sell 100.00%	1,920,180	0.17
☰	OXY - Occidental Petroleum Corp.	Sell 100.00%	18,933,054	0.12
	Q1 2020
☰	PNC - The PNC Financial Services Group, Inc.	Add 6.08%	526,930	0.03
☰	DAL - Delta Air Lines, Inc.	Add 1.38%	976,507	0.02
☰	UAL - United Airlines Holdings, Inc.	Add 1.00%	218,966	0.00
☰	LUV - Southwest Airlines Co.	Reduce 0.01%	6,500	0.00
☰	GM - General Motors Co.	Reduce 0.43%	319,000	0.00
☰	SU - Suncor Energy Inc.	Reduce 0.47%	70,000	0.00
☰	AMZN - Amazon.com, Inc.	Reduce 0.74%	80,000	0.00
☰	LSXMK - Liberty Media Corp Delaware	Reduce 0.77%	240,000	0.00
☰	AXTA - Axalta Coating Systems Ltd.	Reduce 0.80%	194,000	0.00
☰	BIIB - Biogen Inc.	Reduce 0.84%	5,425	0.00
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Reduce 1.06%	460,000	0.00
☰	VRSN - VeriSign, Inc.	Reduce 1.06%	137,132	0.01
☰	DVA - DaVita Inc.	Reduce 1.22%	470,000	0.01
☰	AAL - American Airlines Group Inc.	Reduce 1.39%	591,000	0.01
☰	LBTYA - Liberty Global Ltd.	Reduce 2.43%	933,621	0.00
☰	SIRI - Sirius XM Holdings Inc.	Reduce 2.83%	385,700	0.01
☰	JPM - JPMorgan Chase & Co.	Reduce 3.03%	1,800,499	0.10
☰	LILA - Liberty Latin America Ltd.	Reduce 3.10%	131,287	0.00
☰	SYF - Synchrony Financial	Reduce 3.24%	675,000	0.01
☰	GS - The Goldman Sachs Group, Inc.	Reduce 84.00%	10,084,571	0.96
☰	TRV - The Travelers Companies, Inc.	Sell 100.00%	312,379	0.02
☰	PSX - Phillips 66	Sell 100.00%	227,436	0.01
	Q4 2019
☰	OXY - Occidental Petroleum Corp.	Add 153.54%	11,465,546	0.19
☰	RH - RH	Add 41.44%	500,504	0.04
☰	SU - Suncor Energy Inc.	Add 39.61%	4,261,031	0.06
☰	GM - General Motors Co.	Add 3.78%	2,730,304	0.04
☰	KR - The Kroger Co.	Buy	18,940,079	0.23
☰	BIIB - Biogen Inc.	Buy	648,447	0.08
☰	SPY - State Street SPDR S&P 500 ETF Trust	Buy	39,400	0.01
☰	VOO - Vanguard S&P 500 ETF	Buy	43,000	0.01
☰	BAC - Bank of America Corp.	Reduce 0.24%	2,240,000	0.03
☰	BNY - The Bank of New York Mellon Cor	Reduce 1.45%	1,172,193	0.02
☰	AAPL - Apple Inc.	Reduce 1.48%	14,732,452	0.38
☰	AAL - American Airlines Group Inc.	Reduce 2.75%	1,200,000	0.02
☰	WFC - Wells Fargo & Co.	Reduce 14.58%	55,156,100	1.30
☰	GS - The Goldman Sachs Group, Inc.	Reduce 34.59%	6,348,884	0.61
☰	TRV - The Travelers Companies, Inc.	Reduce 94.76%	5,646,012	0.39
☰	PSX - Phillips 66	Reduce 95.61%	4,955,201	0.24
	Q3 2019
☰	GL - Globe Life Inc.	Buy	6,353,727	0.28
☰	OXY - Occidental Petroleum Corp.	Buy	7,467,508	0.15
☰	RH - RH	Buy	1,207,844	0.10
☰	AAPL - Apple Inc.	Reduce 0.30%	3,002,600	0.07
☰	SIRI - Sirius XM Holdings Inc.	Reduce 1.19%	164,000	0.00
☰	PSX - Phillips 66	Reduce 6.66%	370,078	0.02
☰	WFC - Wells Fargo & Co.	Reduce 7.67%	31,434,755	0.71
☰	RHT - Red Hat Inc	Sell 100.00%	5,171,890	0.47
☰	TMJ - Torchmark Corp	Sell 100.00%	6,353,727	0.27
	Q2 2019
☰	AMZN - Amazon.com, Inc.	Add 11.17%	1,080,000	0.05
☰	BAC - Bank of America Corp.	Add 3.47%	31,081,000	0.43
☰	USB - U.S. Bancorp	Add 2.44%	3,150,787	0.08
☰	RHT - Red Hat Inc	Add 1.20%	61,419	0.01
☰	CHTR - Charter Communications, Inc.	Reduce 4.97%	284,102	0.05
☰	USG - U S G Corp	Sell 100.00%	39,002,016	0.85
	Q1 2019
☰	RHT - Red Hat Inc	Add 22.38%	934,679	0.09
☰	JPM - JPMorgan Chase & Co.	Add 18.75%	9,398,538	0.48
☰	DAL - Delta Air Lines, Inc.	Add 8.20%	5,375,456	0.14
☰	PNC - The PNC Financial Services Group, Inc.	Add 4.94%	407,992	0.02
☰	AMZN - Amazon.com, Inc.	Buy	9,666,000	0.43
☰	LUV - Southwest Airlines Co.	Reduce 2.18%	1,198,186	0.03
☰	WFC - Wells Fargo & Co.	Reduce 3.98%	16,965,129	0.43
☰	CHTR - Charter Communications, Inc.	Reduce 18.81%	1,322,788	0.20
☰	PSX - Phillips 66	Reduce 53.32%	6,343,127	0.30
☰	VZ - Verizon Communications Inc.	Sell 100.00%	928	0.00
	Q4 2018
☰	TRV - The Travelers Companies, Inc.	Add 68.14%	2,414,703	0.16
☰	JPM - JPMorgan Chase & Co.	Add 40.52%	14,451,627	0.77
☰	GM - General Motors Co.	Add 37.76%	19,808,285	0.36
☰	PNC - The PNC Financial Services Group, Inc.	Add 35.74%	2,175,743	0.14
☰	BNY - The Bank of New York Mellon Cor	Add 3.97%	3,087,774	0.08
☰	USB - U.S. Bancorp	Add 3.51%	4,385,739	0.11
☰	BAC - Bank of America Corp.	Add 2.16%	18,919,000	0.25
☰	RHT - Red Hat Inc	Buy	4,175,792	0.40
☰	SU - Suncor Energy Inc.	Buy	10,758,000	0.16
☰	STNE - Stoneco Ltd	Buy	14,166,748	0.14
☰	AAPL - Apple Inc.	Reduce 1.14%	11,557,800	0.30
☰	LUV - Southwest Airlines Co.	Reduce 2.14%	1,200,000	0.03
☰	WFC - Wells Fargo & Co.	Reduce 3.52%	15,592,798	0.37
☰	CHTR - Charter Communications, Inc.	Reduce 4.19%	307,486	0.05
☰	UAL - United Airlines Holdings, Inc.	Reduce 15.57%	4,045,900	0.16
☰	PSX - Phillips 66	Reduce 22.92%	3,537,182	0.18
☰	ORCL - Oracle Corp.	Sell 100.00%	41,404,791	0.97
	Q3 2018
☰	GS - The Goldman Sachs Group, Inc.	Add 38.47%	5,099,145	0.52
☰	BAC - Bank of America Corp.	Add 29.20%	198,248,600	2.64
☰	USB - U.S. Bancorp	Add 24.06%	24,229,218	0.58
☰	BNY - The Bank of New York Mellon Cor	Add 20.14%	13,049,100	0.30
☰	DAL - Delta Air Lines, Inc.	Add 2.94%	1,869,160	0.05
☰	GM - General Motors Co.	Add 2.08%	1,067,800	0.02
☰	AAPL - Apple Inc.	Add 0.21%	2,091,608	0.05
☰	JPM - JPMorgan Chase & Co.	Buy	35,664,767	1.82
☰	ORCL - Oracle Corp.	Buy	41,404,791	0.97
☰	PNC - The PNC Financial Services Group, Inc.	Buy	6,087,319	0.38
☰	TRV - The Travelers Companies, Inc.	Buy	3,543,688	0.21
☰	LUV - Southwest Airlines Co.	Reduce 0.88%	500,000	0.01
☰	WFC - Wells Fargo & Co.	Reduce 2.14%	9,652,058	0.27
☰	CHTR - Charter Communications, Inc.	Reduce 2.17%	163,200	0.02
☰	AAL - American Airlines Group Inc.	Reduce 2.24%	1,000,000	0.02
☰	UAL - United Airlines Holdings, Inc.	Reduce 2.62%	700,000	0.02
☰	PSX - Phillips 66	Reduce 55.56%	19,296,490	1.11
☰	SNY - Sanofi	Sell 100.00%	3,701,012	0.08
☰	WMT - Walmart Inc.	Sell 100.00%	1,393,513	0.06
	Q2 2018
☰	GS - The Goldman Sachs Group, Inc.	Add 20.94%	2,294,971	0.26
☰	DAL - Delta Air Lines, Inc.	Add 18.78%	10,066,483	0.25
☰	LUV - Southwest Airlines Co.	Add 18.65%	8,887,943	0.23
☰	USB - U.S. Bancorp	Add 10.84%	9,846,153	0.25
☰	LBTYA - Liberty Global Ltd.	Add 8.70%	3,075,693	0.02
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 6.68%	2,709,585	0.03
☰	AAPL - Apple Inc.	Add 5.17%	49,552,976	1.17
☰	BNY - The Bank of New York Mellon Cor	Add 4.19%	2,608,928	0.07
☰	AXTA - Axalta Coating Systems Ltd.	Add 4.03%	940,000	0.01
☰	GM - General Motors Co.	Add 2.79%	1,393,611	0.03
☰	WFC - Wells Fargo & Co.	Reduce 0.99%	4,499,486	0.12
☰	AAL - American Airlines Group Inc.	Reduce 2.83%	1,300,000	0.04
☰	UAL - United Airlines Holdings, Inc.	Reduce 3.69%	1,021,421	0.04
☰	CHTR - Charter Communications, Inc.	Reduce 8.74%	718,688	0.12
☰	PSX - Phillips 66	Reduce 23.99%	10,960,378	0.56
☰	MOO - Mosanto Co New	Sell 100.00%	18,970,134	1.17
☰	VRSK - Verisk Analytics, Inc.	Sell 100.00%	284,778	0.02
	Q1 2018
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Add 114.77%	21,663,989	0.20
☰	MOO - Mosanto Co New	Add 62.02%	7,261,387	0.45
☰	AAPL - Apple Inc.	Add 44.90%	296,934,684	6.59
☰	USB - U.S. Bancorp	Add 4.35%	3,788,844	0.10
☰	BNY - The Bank of New York Mellon Cor	Add 2.26%	1,372,665	0.04
☰	DAL - Delta Air Lines, Inc.	Add 0.92%	488,962	0.01
☰	LILA - Liberty Latin America Ltd.	Buy	4,240,037	0.03
☰	LILAK - Liberty Latin America Ltd.	Buy	2,007,262	0.01
☰	WFC - Wells Fargo & Co.	Reduce 0.38%	1,719,024	0.05
☰	UAL - United Airlines Holdings, Inc.	Reduce 1.79%	505,600	0.02
☰	CHTR - Charter Communications, Inc.	Reduce 3.14%	266,518	0.05
☰	SNY - Sanofi	Reduce 4.58%	177,512	0.00
☰	LBTYA - Liberty Global Ltd.	Reduce 9.78%	3,832,483	0.04
☰	PSX - Phillips 66	Reduce 43.38%	35,000,000	1.85
☰	VRSK - Verisk Analytics, Inc.	Reduce 81.79%	1,278,656	0.07
☰	IBM - International Business Machines Corp.	Sell 100.00%	2,048,045	0.16
☰	1LGD - Liberty Global Plc	Sell 100.00%	2,714,854	0.03
☰	GHC - Graham Holdings Co.	Sell 100.00%	107,575	0.03
☰	1LGE - Liberty Global Plc	Sell 100.00%	1,284,020	0.01
	Q4 2017
☰	MOO - Mosanto Co New	Add 31.95%	2,835,278	0.17
☰	AAPL - Apple Inc.	Add 23.30%	124,964,720	2.76
☰	BNY - The Bank of New York Mellon Cor	Add 21.08%	10,589,195	0.30
☰	USB - U.S. Bancorp	Add 2.35%	1,995,710	0.06
☰	TEVA - Teva Pharmaceutical Industries Ltd.	Buy	18,875,721	0.19
☰	SNY - Sanofi	Reduce 0.70%	27,351	0.00
☰	WFC - Wells Fargo & Co.	Reduce 1.29%	6,000,000	0.19
☰	AAL - American Airlines Group Inc.	Reduce 2.13%	1,000,000	0.03
☰	GM - General Motors Co.	Reduce 16.67%	10,000,000	0.23
☰	IBM - International Business Machines Corp.	Reduce 94.47%	36,587,671	2.85
	Q3 2017
☰	SYF - Synchrony Financial	Add 19.13%	3,340,000	0.06
☰	MOO - Mosanto Co New	Add 10.34%	831,685	0.06
☰	AAPL - Apple Inc.	Add 3.00%	15,603,288	0.34
☰	BAC - Bank of America Corp.	Buy	679,000,000	9.68
☰	WFC - Wells Fargo & Co.	Reduce 0.80%	3,755,002	0.13
☰	CHTR - Charter Communications, Inc.	Reduce 10.10%	954,100	0.20
☰	IBM - International Business Machines Corp.	Reduce 31.54%	17,842,642	1.62
☰	WBC - Wabco Hldgs Inc	Sell 100.00%	63,195	0.01
	Q2 2017
☰	BNY - The Bank of New York Mellon Cor	Add 52.16%	17,217,529	0.54
☰	LSXMA - Liberty Media Corp Delaware	Add 45.01%	4,612,560	0.12
☰	LSXMK - Liberty Media Corp Delaware	Add 39.38%	8,783,876	0.23
☰	GM - General Motors Co.	Add 20.00%	10,000,000	0.22
☰	AAPL - Apple Inc.	Add 0.65%	3,339,416	0.07
☰	SYF - Synchrony Financial	Buy	17,463,000	0.32
☰	STOR - Store Cap Corp	Buy	18,621,674	0.26
☰	WFC - Wells Fargo & Co.	Reduce 2.44%	11,717,000	0.40
☰	UAL - United Airlines Holdings, Inc.	Reduce 2.56%	739,790	0.03
☰	DAL - Delta Air Lines, Inc.	Reduce 3.48%	1,915,600	0.05
☰	AAL - American Airlines Group Inc.	Reduce 4.62%	2,278,854	0.06
☰	IBM - International Business Machines Corp.	Reduce 16.23%	10,959,237	1.13
☰	SIRI - Sirius XM Holdings Inc.	Reduce 19.97%	3,440,962	0.11
☰	WBC - Wabco Hldgs Inc	Reduce 97.83%	2,845,359	0.21
☰	6683 - General Electric Co	Sell 100.00%	10,585,502	0.19
	Q1 2017
☰	AAPL - Apple Inc.	Add 125.52%	287,989,816	6.39
☰	BNY - The Bank of New York Mellon Cor	Add 52.33%	11,340,090	0.33
☰	LUV - Southwest Airlines Co.	Add 10.31%	4,455,681	0.15
☰	AAL - American Airlines Group Inc.	Add 8.20%	3,734,000	0.10
☰	SIRI - Sirius XM Holdings Inc.	Add 3.41%	568,541	0.02
☰	LSXMA - Liberty Media Corp Delaware	Add 1.88%	189,000	0.00
☰	LSXMK - Liberty Media Corp Delaware	Add 0.32%	71,000	0.00
☰	DAL - Delta Air Lines, Inc.	Reduce 8.33%	5,000,000	0.17
☰	WBC - Wabco Hldgs Inc	Reduce 13.65%	459,840	0.03
☰	IBM - International Business Machines Corp.	Reduce 20.52%	17,437,184	1.87
☰	NWS.A - Twenty First Centy Fox Inc	Sell 100.00%	8,951,869	0.17
	Q4 2016
☰	DAL - Delta Air Lines, Inc.	Add 847.69%	53,692,072	1.79
☰	UAL - United Airlines Holdings, Inc.	Add 538.68%	24,418,340	1.21
☰	AAPL - Apple Inc.	Add 276.68%	168,527,800	3.30
☰	AAL - American Airlines Group Inc.	Add 109.20%	23,774,299	0.75
☰	BNY - The Bank of New York Mellon Cor	Add 2.53%	535,257	0.02
☰	LUV - Southwest Airlines Co.	Buy	43,203,775	1.46
☰	MOO - Mosanto Co New	Buy	8,041,784	0.57
☰	SIRI - Sirius XM Holdings Inc.	Buy	16,663,994	0.50
☰	WMT - Walmart Inc.	Reduce 89.26%	34,734,183	0.65
☰	VZ - Verizon Communications Inc.	Reduce 99.99%	15,000,000	0.61
☰	DE - Deere & Co.	Sell 100.00%	21,085,061	1.40
☰	KMI - Kinder Morgan, Inc.	Sell 100.00%	20,000,000	0.36
☰	LM09 - Liberty Media Corp Delaware	Sell 100.00%	3,189,041	0.07
☰	DNOW - DNOW Inc.	Sell 100.00%	1,825,569	0.03
☰	LM05 - Liberty Media Corp Delaware	Sell 100.00%	1,296,013	0.03
☰	LEE - Lee Enterprises Inc	Sell 100.00%	88,863	0.00
	Q3 2016
☰	LSXMK - Liberty Media Corp Delaware	Add 11.18%	2,236,109	0.06
☰	LBTYA - Liberty Global Ltd.	Add 4.20%	1,579,974	0.02
☰	WBC - Wabco Hldgs Inc	Add 4.06%	131,300	0.01
☰	V - Visa Inc.	Add 3.16%	323,300	0.02
☰	PSX - Phillips 66	Add 2.42%	1,907,892	0.12
☰	BNY - The Bank of New York Mellon Cor	Add 1.49%	309,500	0.01
☰	CHTR - Charter Communications, Inc.	Add 1.14%	106,000	0.02
☰	LSXMA - Liberty Media Corp Delaware	Add 0.59%	58,800	0.00
☰	AAL - American Airlines Group Inc.	Buy	21,770,555	0.62
☰	DAL - Delta Air Lines, Inc.	Buy	6,333,923	0.19
☰	UAL - United Airlines Holdings, Inc.	Buy	4,533,013	0.18
☰	DE - Deere & Co.	Reduce 3.98%	874,185	0.05
☰	KMI - Kinder Morgan, Inc.	Reduce 24.62%	6,533,525	0.09
☰	LM09 - Liberty Media Corp Delaware	Reduce 36.22%	1,810,957	0.03
☰	LM05 - Liberty Media Corp Delaware	Reduce 48.16%	1,203,985	0.02
☰	WMT - Walmart Inc.	Reduce 67.75%	81,764,484	1.53
☰	SU - Suncor Energy Inc.	Sell 100.00%	22,275,381	0.48
☰	M0G - Media Gen Inc New	Sell 100.00%	3,471,309	0.05
	Q2 2016
☰	1LGD - Liberty Global Plc	Add 424.98%	2,197,715	0.06
☰	1LGE - Liberty Global Plc	Add 249.54%	916,672	0.02
☰	AAPL - Apple Inc.	Add 55.20%	21,663,820	0.40
☰	LBTYA - Liberty Global Ltd.	Add 8.49%	2,940,916	0.03
☰	PSX - Phillips 66	Add 4.28%	3,231,255	0.20
☰	LSXMK - Liberty Media Corp Delaware	Buy	20,000,000	0.48
☰	LSXMA - Liberty Media Corp Delaware	Buy	10,000,000	0.24
☰	LM09 - Liberty Media Corp Delaware	Buy	4,999,998	0.07
☰	LM05 - Liberty Media Corp Delaware	Buy	2,499,998	0.04
☰	VRSN - VeriSign, Inc.	Reduce 0.25%	32,255	0.00
☰	DE - Deere & Co.	Reduce 5.68%	1,321,748	0.08
☰	CHTR - Charter Communications, Inc.	Reduce 9.58%	989,312	0.16
☰	SU - Suncor Energy Inc.	Reduce 25.75%	7,724,619	0.17
☰	WMT - Walmart Inc.	Reduce 27.17%	45,028,383	0.80
☰	LM02 - Liberty Media Corp Delaware	Sell 100.00%	20,000,000	0.59
☰	LM0 - Liberty Media Corp Delaware	Sell 100.00%	10,000,000	0.30
	Q1 2016
☰	LM02 - Liberty Media Corp Delaware	Add 29.99%	4,613,743	0.14
☰	LM0 - Liberty Media Corp Delaware	Add 28.21%	2,200,000	0.07
☰	LBTYA - Liberty Global Ltd.	Add 24.18%	6,746,875	0.09
☰	PSX - Phillips 66	Add 22.87%	14,063,819	0.95
☰	V - Visa Inc.	Add 3.58%	354,000	0.02
☰	BNY - The Bank of New York Mellon Cor	Add 3.56%	715,000	0.02
☰	DE - Deere & Co.	Add 1.73%	396,844	0.02
☰	CHTR - Charter Communications, Inc.	Add 0.44%	45,200	0.01
☰	IBM - International Business Machines Corp.	Add 0.25%	208,000	0.02
☰	AAPL - Apple Inc.	Buy	39,246,988	0.83
☰	WMT - Walmart Inc.	Reduce 1.69%	2,848,290	0.04
☰	WBC - Wabco Hldgs Inc	Reduce 2.83%	94,121	0.01
☰	MA - Mastercard Inc.	Reduce 5.64%	295,000	0.02
☰	PG - The Procter & Gamble Co.	Reduce 99.40%	52,477,678	3.16
☰	T - AT&T Inc.	Sell 100.00%	46,577,138	1.22
☰	PCP - Precision Castparts Corp	Sell 100.00%	4,200,792	0.74
	Q4 2015
☰	DE - Deere & Co.	Add 34.20%	5,832,040	0.34
☰	LBTYA - Liberty Global Ltd.	Add 4.91%	1,305,739	0.02
☰	WFC - Wells Fargo & Co.	Add 2.00%	9,411,911	0.39
☰	AXTA - Axalta Coating Systems Ltd.	Add 0.54%	124,526	0.00
☰	KMI - Kinder Morgan, Inc.	Buy	26,533,525	0.30
☰	WBC - Wabco Hldgs Inc	Reduce 6.41%	227,974	0.02
☰	T - AT&T Inc.	Reduce 21.48%	16,872,550	0.33
☰	CBI - Chicago Bridge & Iron Co N V	Sell 100.00%	1,983,190	0.06
	Q3 2015
☰	CBI - Chicago Bridge & Iron Co N V	Add 218.95%	272,279	0.04
☰	LM0 - Liberty Media Corp Delaware	Add 95.00%	3,800,000	0.11
☰	LM02 - Liberty Media Corp Delaware	Add 92.33%	7,386,257	0.20
☰	NWS.A - Twenty First Centy Fox Inc	Add 43.73%	2,723,772	0.06
☰	SU - Suncor Energy Inc.	Add 34.20%	7,645,706	0.16
☰	GM - General Motors Co.	Add 21.95%	9,000,000	0.21
☰	CHTR - Charter Communications, Inc.	Add 20.75%	1,766,925	0.24
☰	AXTA - Axalta Coating Systems Ltd.	Add 16.00%	3,199,474	0.06
☰	LBTYA - Liberty Global Ltd.	Add 9.27%	2,256,884	0.03
☰	IBM - International Business Machines Corp.	Add 1.85%	1,535,879	0.17
☰	KHC - The Kraft Heinz Co.	Buy	325,634,818	18.04
☰	PSX - Phillips 66	Buy	61,486,926	3.71
☰	T - AT&T Inc.	Buy	78,540,681	1.52
☰	1LGD - Liberty Global Plc	Buy	517,139	0.01
☰	1LGE - Liberty Global Plc	Buy	367,348	0.01
☰	DE - Deere & Co.	Reduce 1.49%	257,980	0.02
☰	BNY - The Bank of New York Mellon Cor	Reduce 2.75%	568,208	0.02
☰	WBC - Wabco Hldgs Inc	Reduce 5.77%	218,006	0.03
☰	WMT - Walmart Inc.	Reduce 6.96%	12,600,000	0.28
☰	GS - The Goldman Sachs Group, Inc.	Reduce 13.24%	1,672,012	0.33
☰	M0G - Media Gen Inc New	Reduce 25.29%	1,174,911	0.02
☰	DIG1 - Directv	Sell 100.00%	31,353,468	2.71
☰	VIAB - Viacom Inc New	Sell 100.00%	5,646,721	0.34
☰	KRFT - Kraft Foods Group Inc	Sell 100.00%	192,666	0.02
	Q2 2015
☰	CHTR - Charter Communications, Inc.	Add 42.41%	2,535,542	0.40
☰	USB - U.S. Bancorp	Add 1.54%	1,289,777	0.05
☰	AXTA - Axalta Coating Systems Ltd.	Buy	20,000,000	0.62
☰	WBC - Wabco Hldgs Inc	Reduce 2.23%	86,000	0.01
☰	CBI - Chicago Bridge & Iron Co N V	Reduce 12.84%	18,322	0.06
☰	VIAB - Viacom Inc New	Reduce 31.68%	2,618,358	0.17
☰	PSX - Phillips 66	Sell 100.00%	7,499,450	0.55
☰	NOV - NOV Inc.	Sell 100.00%	1,978,895	0.09
	Q1 2015
☰	PCP - Precision Castparts Corp	Add 47.21%	1,347,104	0.26
☰	NWS.A - Twenty First Centy Fox Inc	Add 31.19%	1,480,700	0.05
☰	PSX - Phillips 66	Add 14.19%	931,850	0.07
☰	USB - U.S. Bancorp	Add 4.59%	3,678,893	0.15
☰	IBM - International Business Machines Corp.	Add 3.37%	2,712,589	0.39
☰	WFC - Wells Fargo & Co.	Add 1.47%	6,834,236	0.35
☰	DE - Deere & Co.	Add 1.25%	213,204	0.02
☰	V - Visa Inc.	Reduce 1.51%	152,000	0.01
☰	MA - Mastercard Inc.	Reduce 3.15%	170,000	0.01
☰	CHTR - Charter Communications, Inc.	Reduce 3.53%	219,101	0.03
☰	VIAB - Viacom Inc New	Reduce 4.27%	369,111	0.03
☰	LBTYA - Liberty Global Ltd.	Reduce 4.38%	1,114,408	0.02
☰	WBC - Wabco Hldgs Inc	Reduce 5.23%	213,130	0.02
☰	BNY - The Bank of New York Mellon Cor	Reduce 6.05%	1,332,183	0.05
☰	NOV - NOV Inc.	Reduce 62.37%	3,279,490	0.20
	Q4 2014
☰	PCP - Precision Castparts Corp	Add 37.05%	771,466	0.17
☰	CHTR - Charter Communications, Inc.	Add 25.21%	1,248,141	0.19
☰	SU - Suncor Energy Inc.	Add 20.98%	3,876,564	0.11
☰	V - Visa Inc.	Add 16.91%	1,452,000	0.09
☰	MA - Mastercard Inc.	Add 14.51%	684,356	0.05
☰	VIAB - Viacom Inc New	Add 12.01%	925,990	0.06
☰	IBM - International Business Machines Corp.	Add 9.21%	6,792,520	0.95
☰	PSX - Phillips 66	Add 5.89%	365,200	0.02
☰	DIG1 - Directv	Add 4.51%	1,353,468	0.11
☰	LBTYA - Liberty Global Ltd.	Add 3.99%	977,407	0.02
☰	DVA - DaVita Inc.	Add 2.51%	944,418	0.07
☰	GM - General Motors Co.	Add 2.50%	1,000,000	0.03
☰	DE - Deere & Co.	Buy	17,096,886	1.38
☰	QSR - Restaurant Brands International Inc.	Buy	8,438,225	0.30
☰	NWS.A - Twenty First Centy Fox Inc	Buy	4,747,397	0.17
☰	M0G - Media Gen Inc New	Buy	4,646,220	0.07
☰	BNY - The Bank of New York Mellon Cor	Reduce 5.84%	1,365,000	0.05
☰	NOV - NOV Inc.	Reduce 17.61%	1,123,975	0.08
☰	XOM - ExxonMobil Holdings Corp.	Sell 100.00%	41,129,643	3.59
☰	COP - ConocoPhillips	Sell 100.00%	471,994	0.03
☰	ESRX - Express Scripts Hldg Co	Sell 100.00%	449,489	0.03
	Q3 2014
☰	CHTR - Charter Communications, Inc.	Add 114.38%	2,641,083	0.37
☰	TMJ - Torchmark Corp	Add 50.00%	2,117,909	0.10
☰	DIG1 - Directv	Add 27.83%	6,532,005	0.52
☰	GM - General Motors Co.	Add 21.36%	7,039,944	0.21
☰	V - Visa Inc.	Add 19.25%	1,386,164	0.07
☰	MA - Mastercard Inc.	Add 16.43%	665,400	0.05
☰	SU - Suncor Energy Inc.	Add 12.27%	2,019,400	0.07
☰	PCP - Precision Castparts Corp	Add 10.96%	205,600	0.05
☰	LBTYA - Liberty Global Ltd.	Add 5.42%	1,257,801	0.02
☰	WMT - Walmart Inc.	Add 2.70%	4,764,102	0.11
☰	VIAB - Viacom Inc New	Add 1.33%	101,000	0.01
☰	IBM - International Business Machines Corp.	Add 0.43%	318,020	0.05
☰	LM02 - Liberty Media Corp Delaware	Buy	8,000,000	0.35
☰	ESRX - Express Scripts Hldg Co	Buy	449,489	0.03
☰	PSX - Phillips 66	Reduce 4.52%	293,400	0.02
☰	BNY - The Bank of New York Mellon Cor	Reduce 5.17%	1,275,233	0.04
☰	NOV - NOV Inc.	Reduce 12.60%	919,918	0.07
☰	COP - ConocoPhillips	Reduce 65.17%	883,234	0.07
☰	DE - Deere & Co.	Sell 100.00%	3,978,767	0.34
	Q2 2014
☰	VZ - Verizon Communications Inc.	Add 36.09%	3,978,185	0.18
☰	LBTYA - Liberty Global Ltd.	Add 34.29%	5,929,576	0.10
☰	SU - Suncor Energy Inc.	Add 26.60%	3,458,330	0.14
☰	V - Visa Inc.	Add 15.71%	977,160	0.05
☰	CBI - Chicago Bridge & Iron Co N V	Add 12.04%	15,338	0.07
☰	USG - U S G Corp	Add 11.79%	4,111,842	0.11
☰	VRSN - VeriSign, Inc.	Add 11.12%	1,299,346	0.06
☰	GM - General Motors Co.	Add 9.87%	2,960,056	0.10
☰	IBM - International Business Machines Corp.	Add 2.66%	1,902,563	0.31
☰	WMT - Walmart Inc.	Add 1.28%	2,234,541	0.05
☰	USB - U.S. Bancorp	Add 0.08%	67,800	0.00
☰	CHTR - Charter Communications, Inc.	Buy	2,309,013	0.34
☰	DNOW - DNOW Inc.	Buy	1,825,569	0.06
☰	PCP - Precision Castparts Corp	Reduce 5.09%	100,714	0.02
☰	LM0 - Liberty Media Corp Delaware	Reduce 24.53%	1,300,000	0.16
☰	NOV - NOV Inc.	Reduce 25.85%	2,545,642	0.17
☰	DIG1 - Directv	Reduce 32.01%	11,046,705	0.80
☰	PSX - Phillips 66	Reduce 33.32%	3,245,503	0.24
☰	COP - ConocoPhillips	Reduce 87.77%	9,724,730	0.65
☰	GHC - Graham Holdings Co.	Reduce 93.77%	2,681,414	1.08
☰	STRZA - Starz	Sell 100.00%	1,919,541	0.06
	Q1 2014
☰	LBTYA - Liberty Global Ltd.	Add 27.34%	3,711,722	0.06
☰	WMT - Walmart Inc.	Add 17.32%	25,706,037	0.62
☰	VRSN - VeriSign, Inc.	Add 6.61%	724,134	0.04
☰	DVA - DaVita Inc.	Add 3.18%	1,159,858	0.08
☰	USB - U.S. Bancorp	Add 0.89%	705,796	0.03
☰	IBM - International Business Machines Corp.	Add 0.34%	243,823	0.04
☰	VZ - Verizon Communications Inc.	Buy	11,022,743	0.50
☰	LBTYK - Liberty Global Ltd.	Buy	17,345,775	0.28
☰	DIG1 - Directv	Reduce 5.48%	2,000,000	0.13
☰	GM - General Motors Co.	Reduce 25.00%	10,000,000	0.39
☰	STRZA - Starz	Reduce 57.74%	2,622,340	0.08
☰	PSX - Phillips 66	Reduce 64.14%	17,422,615	1.28
	Q4 2013
☰	6683 - General Electric Co	Add 1697.50%	9,996,602	0.26
☰	USG - U S G Corp	Add 104.37%	17,817,982	0.49
☰	DVA - DaVita Inc.	Add 15.95%	5,014,464	0.30
☰	XOM - ExxonMobil Holdings Corp.	Add 2.59%	1,040,272	0.10
☰	WMT - Walmart Inc.	Add 0.48%	709,494	0.02
☰	USB - U.S. Bancorp	Add 0.26%	203,400	0.01
☰	WFC - Wells Fargo & Co.	Add 0.07%	326,500	0.01
☰	GS - The Goldman Sachs Group, Inc.	Buy	12,631,531	2.14
☰	GHC - Graham Holdings Co.	Buy	2,859,451	1.09
☰	LBTYA - Liberty Global Ltd.	Buy	13,578,635	0.25
☰	MCO - Moody's Corp.	Reduce 1.01%	252,400	0.02
☰	LM0 - Liberty Media Corp Delaware	Reduce 5.73%	322,340	0.05
☰	COP - ConocoPhillips	Reduce 18.10%	2,449,312	0.19
☰	STRZA - Starz	Reduce 19.22%	1,080,459	0.03
☰	SU - Suncor Energy Inc.	Reduce 27.82%	5,009,957	0.20
☰	DISH - Dish Network Corp	Sell 100.00%	547,312	0.03
☰	AP47 - Glaxosmithkline Plc	Sell 100.00%	345,819	0.02
	Q3 2013
☰	DVA - DaVita Inc.	Add 5.01%	1,499,018	0.09
☰	SU - Suncor Energy Inc.	Add 1.35%	240,500	0.01
☰	USB - U.S. Bancorp	Add 1.07%	840,200	0.03
☰	VRSN - VeriSign, Inc.	Add 0.59%	64,100	0.00
☰	BNY - The Bank of New York Mellon Cor	Add 0.04%	8,807	0.00
☰	XOM - ExxonMobil Holdings Corp.	Buy	40,089,371	3.79
☰	DIG1 - Directv	Reduce 2.04%	760,700	0.05
☰	SNY - Sanofi	Reduce 3.88%	157,800	0.01
☰	COP - ConocoPhillips	Reduce 43.92%	10,594,641	0.73
☰	AP47 - Glaxosmithkline Plc	Reduce 76.57%	1,130,202	0.06
	Q2 2013
☰	GM - General Motors Co.	Add 60.00%	15,000,000	0.57
☰	CBI - Chicago Bridge & Iron Co N V	Add 46.74%	40,562	0.21
☰	VRSN - VeriSign, Inc.	Add 33.32%	2,723,320	0.14
☰	BNY - The Bank of New York Mellon Cor	Add 30.12%	5,704,914	0.18
☰	USB - U.S. Bancorp	Add 27.37%	16,819,200	0.69
☰	NOV - NOV Inc.	Add 18.65%	1,547,831	0.11
☰	WFC - Wells Fargo & Co.	Add 1.08%	4,961,300	0.23
☰	SU - Suncor Energy Inc.	Buy	17,769,457	0.59
☰	DISH - Dish Network Corp	Buy	547,312	0.03
☰	AP47 - Glaxosmithkline Plc	Reduce 2.28%	34,479	0.00
☰	MCO - Moody's Corp.	Reduce 12.29%	3,493,072	0.22
☰	KRFT - Kraft Foods Group Inc	Reduce 87.97%	1,409,395	0.09
☰	MDLZ - Mondelez International, Inc.	Reduce 91.80%	6,474,750	0.24
	Q1 2013
☰	VRSN - VeriSign, Inc.	Add 121.78%	4,488,400	0.25
☰	NOV - NOV Inc.	Add 41.35%	2,428,156	0.18
☰	DVA - DaVita Inc.	Add 10.04%	2,731,942	0.19
☰	DIG1 - Directv	Add 9.51%	3,237,900	0.22
☰	WFC - Wells Fargo & Co.	Add 4.16%	18,312,462	0.80
☰	WMT - Walmart Inc.	Add 3.68%	5,238,159	0.16
☰	USB - U.S. Bancorp	Add 0.32%	193,500	0.01
☰	WBC - Wabco Hldgs Inc	Add 0.11%	4,400	0.00
☰	IBM - International Business Machines Corp.	Add 0.01%	6,799	0.00
☰	LM0 - Liberty Media Corp Delaware	Buy	5,622,340	0.75
☰	CBI - New York Mellon Corp Chicago	Buy	86,781	0.48
☰	STRZA - Starz	Buy	5,622,340	0.15
☰	BNY - The Bank of New York Mellon Cor	Reduce 3.54%	694,800	0.02
☰	KRFT - Kraft Foods Group Inc	Reduce 3.99%	66,653	0.00
☰	MDLZ - Mondelez International, Inc.	Reduce 45.07%	5,787,700	0.20
☰	GD - General Dynamics Corp.	Sell 100.00%	3,877,122	0.36
☰	ADM - Archer-Daniels-Midland Co.	Sell 100.00%	5,956,600	0.22
	Q4 2012
☰	WBC - Wabco Hldgs Inc	Add 154.64%	2,472,861	0.22
☰	GM - General Motors Co.	Add 66.67%	10,000,000	0.39
☰	PCP - Precision Castparts Corp	Add 58.33%	728,435	0.19
☰	DVA - DaVita Inc.	Add 33.44%	6,820,732	0.51
☰	NOV - NOV Inc.	Add 26.46%	1,228,772	0.10
☰	DIG1 - Directv	Add 15.16%	4,481,900	0.30
☰	WFC - Wells Fargo & Co.	Add 4.10%	17,308,316	0.80
☰	WMT - Walmart Inc.	Add 1.70%	2,379,120	0.07
☰	IBM - International Business Machines Corp.	Add 0.89%	625,077	0.15
☰	MDLZ - Mondelez International, Inc.	Buy	12,840,450	0.44
☰	ADM - Archer-Daniels-Midland Co.	Buy	5,956,600	0.22
☰	VRSN - VeriSign, Inc.	Buy	3,685,700	0.19
☰	KRFT - Kraft Foods Group Inc	Buy	1,668,714	0.10
☰	JNJ - Johnson & Johnson	Reduce 33.52%	164,928	0.02
☰	LEE - Lee Enterprises Inc	Reduce 92.14%	104,186	0.00
☰	KFT - Kraft Foods Inc	Sell 100.00%	30,464,350	1.70
	Q3 2012
☰	GM - General Motors Co.	Add 50.00%	5,000,000	0.15
☰	NOV - NOV Inc.	Add 47.36%	1,492,270	0.15
☰	VIAB - Viacom Inc New	Add 11.65%	794,000	0.06
☰	DVA - DaVita Inc.	Add 9.65%	1,795,138	0.13
☰	BNY - The Bank of New York Mellon Cor	Add 4.88%	914,400	0.03
☰	WFC - Wells Fargo & Co.	Add 2.80%	11,504,300	0.54
☰	IBM - International Business Machines Corp.	Add 1.31%	912,635	0.24
☰	DIG1 - Directv	Buy	29,555,600	2.09
☰	DE - Deere & Co.	Buy	3,978,767	0.44
☰	PCP - Precision Castparts Corp	Buy	1,248,901	0.28
☰	WBC - Wabco Hldgs Inc	Buy	1,599,064	0.12
☰	USB - U.S. Bancorp	Reduce 7.18%	4,736,112	0.21
☰	PG - The Procter & Gamble Co.	Reduce 11.42%	6,809,125	0.58
☰	COP - ConocoPhillips	Reduce 16.44%	4,744,726	0.37
☰	VRSK - Verisk Analytics, Inc.	Reduce 16.48%	308,437	0.02
☰	V - Visa Inc.	Reduce 25.21%	2,096,800	0.09
☰	KFT - Kraft Foods Inc	Reduce 48.21%	28,362,040	1.53
☰	LEE - Lee Enterprises Inc	Reduce 64.95%	209,510	0.00
☰	UPS - United Parcel Service, Inc.	Reduce 77.32%	202,500	0.02
☰	6683 - General Electric Co	Reduce 88.24%	4,419,725	0.13
☰	JNJ - Johnson & Johnson	Reduce 95.24%	9,841,100	0.93
☰	CVS - CVS Health Corp.	Sell 100.00%	5,301,916	0.35
☰	DG - Dollar General Corp.	Sell 100.00%	3,320,885	0.25
☰	IREUR - Ingersoll-Rand Plc	Sell 100.00%	20,400	0.00
	Q2 2012
☰	LEE - Lee Enterprises Inc	Add 94.90%	157,069	0.00
☰	KO - The Coca-Cola Co.	Buy	400,000,000	21.79
☰	WFC - Wells Fargo & Co.	Buy	411,045,245	19.15
☰	IBM - International Business Machines Corp.	Buy	69,711,084	18.16
☰	AXP - American Express Co.	Buy	151,610,700	12.30
☰	PG - The Procter & Gamble Co.	Buy	59,602,203	5.09
☰	WMT - Walmart Inc.	Buy	140,124,426	4.54
☰	KFT - Kraft Foods Inc	Buy	58,826,390	3.17
☰	USB - U.S. Bancorp	Buy	66,000,713	2.96
☰	COP - ConocoPhillips	Buy	28,868,637	2.25
☰	MCO - Moody's Corp.	Buy	28,415,250	1.45
☰	DVA - DaVita Inc.	Buy	18,600,000	1.27
☰	PSX - Phillips 66	Buy	27,163,918	1.26
☰	JNJ - Johnson & Johnson	Buy	10,333,128	0.97
☰	MTB - M&T Bank Corp.	Buy	5,382,040	0.62
☰	BNY - The Bank of New York Mellon Cor	Buy	18,719,515	0.57
☰	COST - Costco Wholesale Corp.	Buy	4,333,363	0.57
☰	USG - U S G Corp	Buy	17,072,192	0.45
☰	VIAB - Viacom Inc New	Buy	6,813,200	0.45
☰	GD - General Dynamics Corp.	Buy	3,877,122	0.36
☰	V - Visa Inc.	Buy	8,318,636	0.36
☰	CVS - CVS Health Corp.	Buy	5,301,916	0.35
☰	TMJ - Torchmark Corp	Buy	4,235,818	0.30
☰	GM - General Motors Co.	Buy	10,000,000	0.27
☰	NOV - NOV Inc.	Buy	3,150,891	0.26
☰	DG - Dollar General Corp.	Buy	3,320,885	0.25
☰	MA - Mastercard Inc.	Buy	4,050,000	0.24
☰	SNY - Sanofi	Buy	4,063,675	0.21
☰	6683 - General Electric Co	Buy	5,008,625	0.15
☰	VRSK - Verisk Analytics, Inc.	Buy	1,871,871	0.13
☰	AP47 - Glaxosmithkline Plc	Buy	1,510,500	0.10
☰	UPS - United Parcel Service, Inc.	Buy	261,900	0.03
☰	IREUR - Ingersoll-Rand Plc	Buy	20,400	0.00
	Q1 2012
☰	LEE - Lee Enterprises, Incorporated	Buy	165,513	100.00
☰	KO - The Coca-Cola Co.	Sell 100.00%	200,000,000	21.70
☰	IBM - International Business Machines Corp.	Sell 100.00%	63,905,931	18.23
☰	WFC - Wells Fargo & Co.	Sell 100.00%	383,703,628	16.40
☰	AXP - American Express Co.	Sell 100.00%	151,610,700	11.09
☰	PG - The Procter & Gamble Co.	Sell 100.00%	76,766,036	7.94
☰	KFT - Kraft Foods Inc.........	Sell 100.00%	87,034,713	5.04
☰	WMT - Walmart Inc.	Sell 100.00%	39,037,142	3.62
☰	COP - ConocoPhillips	Sell 100.00%	29,100,937	3.29
☰	JNJ - Johnson & Johnson	Sell 100.00%	29,018,127	2.95
☰	USB - U.S. Bancorp	Sell 100.00%	69,039,426	2.90
☰	MCO - Moody's Corp.	Sell 100.00%	28,415,250	1.48
☰	MTB - M&T Bank Corp.	Sell 100.00%	5,382,040	0.64
☰	COST - Costco Wholesale Corp.	Sell 100.00%	4,333,363	0.56
☰	V - Visa Inc.	Sell 100.00%	2,865,008	0.45
☰	CVS - CVS Health Corp.	Sell 100.00%	7,106,500	0.45
☰	INTC - Intel Corp.	Sell 100.00%	11,495,000	0.43
☰	GD - General Dynamics Corp.	Sell 100.00%	3,877,122	0.40
☰	DVA - DaVita Inc.	Sell 100.00%	2,684,500	0.32
☰	DG - Dollar General Corp.	Sell 100.00%	4,497,247	0.29
☰	TMJ - Torchmark Corp.........	Sell 100.00%	4,235,818	0.29
☰	USG - USG Corp- oration......	Sell 100.00%	17,072,192	0.27
☰	MA - Mastercard Inc.	Sell 100.00%	405,000	0.23
☰	SNY - Sanofi	Sell 100.00%	4,063,675	0.23
☰	6683 - General Electric Co...........	Sell 100.00%	7,777,900	0.22
☰	VRSK - Verisk Analytics, Inc.	Sell 100.00%	3,445,029	0.21
☰	UPS - United Parcel Service, Inc.	Sell 100.00%	1,429,200	0.16
☰	AP47 - GlaxoSmith- Kline........	Sell 100.00%	1,510,500	0.11
☰	BNY - The Bank of New York Mellon Cor	Sell 100.00%	1,793,915	0.06
☰	INGR - Ingredion Inc.	Sell 100.00%	636,600	0.03
☰	CDCO - Comdisco Holding Co...........	Sell 100.00%	1,538,377	0.01
	Q4 2011
☰	VRSK - Verisk Analytics, Inc.	Add 63.96%	1,343,904	0.08
☰	GD - General Dynamics Corp.	Add 26.52%	812,700	0.08
☰	CVS - CVS Health Corp.	Add 25.53%	1,445,500	0.09
☰	V - Visa Inc.	Add 25.02%	2,293,200	0.09
☰	INTC - Intel Corp.	Add 23.17%	2,162,000	0.08
☰	IBM - International Business Machines Corp.	Add 11.43%	6,858,567	1.87
☰	WFC - Wells Fargo & Co.	Add 6.18%	22,333,820	0.95
☰	DVA - DaVita Inc.	Buy	5,369,000	0.32
☰	KFT - Kraft Foods Inc.........	Reduce 3.02%	2,711,995	0.16
☰	JNJ - Johnson & Johnson	Reduce 22.51%	8,428,661	0.92
☰	XOM - ExxonMobil Holdings Corp.	Sell 100.00%	421,800	0.05
	Q3 2011
☰	DG - Dollar General Corp.	Add 200.26%	2,999,447	0.19
☰	TMJ - Torchmark Corp..........	Add 50.00%	1,411,939	0.08
☰	WFC - Wells Fargo & Co.	Add 2.57%	9,042,200	0.37
☰	MTB - M&T Bank Corp.	Add 0.34%	18,219	0.00
☰	IBM - International Business Machines Corp.	Buy	59,987,037	17.20
☰	INTC - Intel Corp.	Buy	9,333,000	0.34
☰	V - Visa Inc.	Buy	9,166,832	0.34
☰	CVS - CVS Health Corp.	Buy	5,661,000	0.33
☰	GD - General Dynamics Corp.	Buy	3,064,422	0.30
☰	COP - ConocoPhillips	Reduce 0.00%	919	0.00
☰	KFT - Kraft Foods Inc...........	Reduce 9.77%	9,720,916	0.66
☰	JNJ - Johnson & Johnson	Reduce 12.15%	5,177,775	0.67
	Q2 2011
☰	MA - Mastercard Inc.	Add 87.50%	1,890,000	0.11
☰	WFC - Wells Fargo & Co.	Add 2.83%	9,703,683	0.53
☰	VRSK - Verisk Analytics, Inc.	Buy	2,101,125	0.14
☰	DG - Dollar General Corp.	Buy	1,497,800	0.10
☰	KFT - Kraft Foods Inc.	Reduce 5.46%	5,746,960	0.34
☰	1556464D - Wesco Finl Corp.	Sell 100.00%	5,703,087	4.20
	Q1 2011
☰	MA - Mastercard Inc.	Buy	2,160,000	0.10
☰	COP - ConocoPhillips	Reduce 0.03%	10,494	0.00
	Q4 2010
☰	WFC - Wells Fargo & Co.	Add 1.85%	6,215,080	0.37
☰	MCO - Moody's Corp.	Reduce 1.59%	458,506	0.02
☰	BNY - The Bank of New York Mellon Cor	Reduce 9.98%	198,844	0.01
☰	NKE - NIKE, Inc.	Sell 100.00%	3,642,929	0.61
☰	FISV - Fiserv, Inc.	Sell 100.00%	3,910,800	0.44
☰	NSRGY - Nestlé S.A.	Sell 100.00%	3,400,000	0.38
☰	NLC - Nalco Holding Co.	Sell 100.00%	6,142,300	0.32
☰	LOW - Lowe's Companies, Inc.	Sell 100.00%	6,500,000	0.30
☰	BDX - Becton, Dickinson and Co.	Sell 100.00%	1,889,889	0.29
☰	BAC - Bank of America Corp.	Sell 100.00%	5,000,000	0.14
☰	CMCSK - Comcast Corp	Sell 100.00%	186,897	0.01
	Q3 2010
☰	WFC - Wells Fargo & Co.	Add 5.10%	16,320,460	0.86
☰	JNJ - Johnson & Johnson	Add 3.16%	1,305,000	0.17
☰	BNY - The Bank of New York Mellon Cor	Buy	1,992,759	0.11
☰	PG - The Procter & Gamble Co.	Reduce 1.67%	1,305,000	0.17
☰	MCO - Moody's Corp.	Reduce 6.20%	1,910,120	0.08
☰	FISV - Fiserv, Inc.	Reduce 11.12%	1,956,800	0.05
☰	NLC - Nalco Holding Co.	Reduce 32.87%	3,007,700	0.13
☰	NKE - NIKE, Inc.	Reduce 52.32%	15,992,284	0.59
☰	INGR - Ingredion Inc.	Reduce 88.71%	5,000,000	0.38
☰	CMCSK - Comcast Corp	Reduce 98.44%	11,813,103	0.42
☰	RSG - Republic Services, Inc.	Sell 100.00%	10,827,700	0.70
☰	IRM* - Iron Mountain Inc.	Sell 100.00%	8,000,000	0.39
☰	KMX - CarMax, Inc.	Sell 100.00%	7,725,900	0.34
☰	NRG - NRG Energy, Inc.	Sell 100.00%	6,000,000	0.28
☰	HD - The Home Depot, Inc.	Sell 100.00%	2,757,898	0.17
	Q2 2010
☰	JNJ - Johnson & Johnson	Add 72.95%	17,428,115	2.25
☰	BDX - Becton, Dickinson and Co.	Add 8.36%	190,043	0.02
☰	SNY - Sanofi	Add 4.09%	159,742	0.01
☰	IRM* - Iron Mountain Inc.	Add 2.63%	205,200	0.01
☰	NLC - Nalco Holding Co.	Add 1.67%	150,000	0.01
☰	FISV - Fiserv, Inc.	Buy	17,600,000	0.44
☰	PG - The Procter & Gamble Co.	Reduce 1.30%	1,025,748	0.13
☰	KFT - Kraft Foods Inc.	Reduce 1.42%	1,520,161	0.09
☰	MTB - M&T Bank Corp.	Reduce 3.59%	199,460	0.03
☰	COP - ConocoPhillips	Reduce 14.83%	6,650,271	0.52
	Q1 2010
☰	RSG - Republic Services, Inc.	Add 30.60%	2,537,200	0.15
☰	BDX - Becton, Dickinson and Co.	Add 16.28%	318,294	0.04
☰	IRM* - Iron Mountain Inc.	Add 11.35%	794,800	0.04
☰	MCO - Moody's Corp.	Reduce 3.24%	1,030,734	0.05
☰	KMX - CarMax, Inc.	Reduce 3.43%	274,100	0.01
☰	COP - ConocoPhillips	Reduce 9.37%	4,633,352	0.32
☰	PG - The Procter & Gamble Co.	Reduce 9.61%	8,406,627	0.89
☰	JNJ - Johnson & Johnson	Reduce 11.95%	3,241,019	0.37
☰	MTB - M&T Bank Corp.	Reduce 17.15%	1,151,779	0.14
☰	COST - Costco Wholesale Corp.	Reduce 17.52%	920,637	0.10
☰	KFT - Kraft Foods Inc.	Reduce 22.81%	31,537,755	1.50
☰	BNI - Burlington Northern Santa Fe	Sell 100.00%	76,777,029	13.27
☰	SUU - Sun Trusts Banks Inc.	Sell 100.00%	2,398,206	0.09
☰	UNH - UnitedHealth Group Inc.	Sell 100.00%	1,175,000	0.06
☰	TRV - The Travelers Companies, Inc.	Sell 100.00%	27,336	0.00
	Q4 2009
☰	RSG - Republic Services, Inc.	Add 128.70%	4,665,500	0.23
☰	IRM* - Iron Mountain Inc.	Add 107.58%	3,627,800	0.14
☰	BDX - Becton, Dickinson and Co.	Add 25.00%	391,140	0.04
☰	WMT - Walmart Inc.	Add 3.17%	3,601,500	0.11
☰	WFC - Wells Fargo & Co.	Add 2.15%	6,732,728	0.32
☰	PG - The Procter & Gamble Co.	Reduce 9.15%	8,812,599	0.92
☰	KMX - CarMax, Inc.	Reduce 11.11%	1,000,000	0.04
☰	MCO - Moody's Corp.	Reduce 18.88%	7,404,702	0.27
☰	SUU - Sun Trusts Banks Inc.	Reduce 22.13%	681,572	0.03
☰	JNJ - Johnson & Johnson	Reduce 26.50%	9,782,166	1.07
☰	INGR - Ingredion Inc.	Reduce 27.57%	2,146,000	0.12
☰	COP - ConocoPhillips	Reduce 34.34%	25,866,995	1.60
☰	UNH - UnitedHealth Group Inc.	Reduce 65.44%	2,225,000	0.10
☰	XOM - ExxonMobil Holdings Corp.	Reduce 66.95%	854,490	0.11
☰	UNP - Union Pacific Corp.	Sell 100.00%	9,558,000	1.00
☰	NSC - Norfolk Southern Corp.	Sell 100.00%	1,933,000	0.15
	Q3 2009
☰	WMT - Walmart Inc.	Add 89.71%	53,677,026	1.58
☰	WFC - Wells Fargo & Co.	Add 3.55%	10,746,445	0.55
☰	NSRGY - Nestlé S.A.	Buy	3,400,000	0.26
☰	RSG - Republic Services, Inc.	Buy	3,625,000	0.17
☰	XOM - ExxonMobil Holdings Corp.	Buy	1,276,290	0.16
☰	TRV - The Travelers Companies, Inc.	Buy	27,336	0.00
☰	SUU - Sun Trusts Banks Inc.	Reduce 3.90%	124,822	0.00
☰	COP - ConocoPhillips	Reduce 10.94%	9,255,460	0.62
☰	NRG - NRG Energy, Inc.	Reduce 16.67%	1,200,000	0.06
☰	MCO - Moody's Corp.	Reduce 18.29%	8,780,688	0.48
☰	ETN - Eaton Corp. plc	Sell 100.00%	2,000,000	0.19
☰	WBC - Wabco Holdings Inc.	Sell 100.00%	2,700,000	0.10
	Q2 2009
☰	JNJ - Johnson & Johnson	Add 13.55%	4,405,742	0.52
☰	BDX - Becton, Dickinson and Co.	Buy	1,564,560	0.18
☰	COP - ConocoPhillips	Reduce 9.47%	8,844,537	0.66
☰	UNH - UnitedHealth Group Inc.	Reduce 24.44%	1,100,000	0.06
☰	KMX - CarMax, Inc.	Reduce 25.00%	3,000,000	0.09
☰	HD - The Home Depot, Inc.	Reduce 25.46%	942,102	0.06
☰	ETN - Eaton Corp. plc	Reduce 37.50%	2,400,000	0.11
☰	CEG - Constellation Energy Corp.	Sell 100.00%	14,828,207	0.76
	Q1 2009
☰	JNJ - Johnson & Johnson	Add 13.62%	3,897,300	0.51
☰	BNI - Burlington Northern Santa Fe	Add 9.54%	6,687,200	1.00
☰	UNP - Union Pacific Corp.	Add 7.32%	1,304,000	0.07
☰	WFC - Wells Fargo & Co.	Add 4.26%	12,364,344	0.44
☰	NLC - Nalco Holding Co.	Add 2.99%	260,900	0.01
☰	USB - U.S. Bancorp	Add 2.20%	1,488,000	0.05
☰	COP - ConocoPhillips	Reduce 10.85%	11,370,837	0.88
☰	CEG - Constellation Energy Corp.	Reduce 25.48%	5,069,115	0.25
☰	UNH - UnitedHealth Group Inc.	Reduce 28.57%	1,800,000	0.09
☰	KMX - CarMax, Inc.	Reduce 31.96%	5,636,500	0.09
	Q4 2008
☰	AXP - American Express Co.	Add 383.53%	120,255,879	4.38
☰	KO - The Coca-Cola Co.	Add 233.03%	279,891,200	12.43
☰	NRG - NRG Energy, Inc.	Add 44.00%	2,200,000	0.10
☰	INGR - Ingredion Inc.	Add 38.07%	2,146,000	0.07
☰	ETN - Eaton Corp. plc	Add 10.01%	582,600	0.03
☰	BNI - Burlington Northern Santa Fe	Add 9.88%	6,304,411	0.94
☰	CEG - Constellation Energy Corp.	Buy	19,897,322	0.98
☰	NLC - Nalco Holding Co.	Buy	8,739,100	0.20
☰	WFC - Wells Fargo & Co.	Reduce 0.06%	162,800	0.01
☰	UNH - UnitedHealth Group Inc.	Reduce 1.25%	79,900	0.00
☰	KMX - CarMax, Inc.	Reduce 4.38%	807,600	0.02
☰	COP - ConocoPhillips	Reduce 4.84%	5,325,251	0.52
☰	USB - U.S. Bancorp	Reduce 7.38%	5,385,700	0.34
☰	PG - The Procter & Gamble Co.	Reduce 9.00%	9,530,990	1.17
☰	JNJ - Johnson & Johnson	Reduce 53.67%	33,142,857	4.03
☰	3393199Q - Anheuser Busch Cos. Inc.	Sell 100.00%	13,845,000	1.58
	Q3 2008
☰	NRG - NRG Energy, Inc.	Add 54.41%	1,761,900	0.08
☰	USB - U.S. Bancorp	Add 6.27%	4,306,100	0.27
☰	CDCO - Comdisco Holding Co.	Add 0.03%	511	0.00
☰	COP - ConocoPhillips	Buy	110,132,463	10.79
☰	ETN - Eaton Corp. plc	Buy	5,817,400	0.29
☰	WFC - Wells Fargo & Co.	Reduce 0.09%	247,200	0.01
☰	UNH - UnitedHealth Group Inc.	Reduce 0.31%	20,100	0.00
☰	LOW - Lowe's Companies, Inc.	Reduce 7.14%	500,000	0.02
☰	HD - The Home Depot, Inc.	Reduce 11.50%	481,000	0.02
☰	KMX - CarMax, Inc.	Reduce 13.41%	2,855,900	0.07
☰	BAC - Bank of America Corp.	Reduce 45.05%	4,100,000	0.17
☰	KO - The Coca-Cola Co.	Reduce 69.97%	279,891,200	12.86
☰	AXP - American Express Co.	Reduce 79.32%	120,255,879	8.01
	Q2 2008
☰	INGR - Ingredion Inc.	Add 501.82%	4,700,000	0.31
☰	SNY - Sanofi	Add 8.84%	317,200	0.02
☰	NRG - NRG Energy, Inc.	Buy	3,238,100	0.25
☰	3393199Q - Anheuser Busch Cos. Inc.	Reduce 61.07%	21,718,200	1.59
☰	COP - ConocoPhillips	Sell 100.00%	17,508,700	2.05
☰	XAM - Trane Inc.	Sell 100.00%	10,901,900	0.77
	Q1 2008
☰	INGR - Ingredion Inc.	Add 47.13%	300,000	0.02
☰	UNH - UnitedHealth Group Inc.	Add 6.67%	400,000	0.02
☰	BNI - Burlington Northern Santa Fe	Add 4.86%	2,956,600	0.42
☰	KFT - Kraft Foods Inc.	Add 4.44%	5,878,700	0.28
☰	USB - U.S. Bancorp	Add 1.55%	1,049,100	0.05
☰	KMX - CarMax, Inc.	Add 1.43%	300,000	0.01
☰	WFC - Wells Fargo & Co.	Add 0.48%	1,395,000	0.06
☰	SNY - Sanofi	Add 0.47%	16,828	0.00
☰	MTB - M&T Bank Corp.	Add 0.09%	6,300	0.00
☰	XAM - Trane Inc.	Reduce 0.55%	60,500	0.00
☰	IRM* - Iron Mountain Inc.	Reduce 27.70%	1,291,700	0.07
☰	AMP - Ameriprise Financial, Inc.	Sell 100.00%	661,742	0.05
	Q4 2007
☰	KMX - CarMax, Inc.	Add 50.20%	7,018,200	0.21
☰	BNI - Burlington Northern Santa Fe	Add 14.81%	7,847,818	0.98
☰	WFC - Wells Fargo & Co.	Add 3.43%	9,590,300	0.43
☰	USB - U.S. Bancorp	Add 3.19%	2,091,600	0.10
☰	SNY - Sanofi	Add 1.11%	39,220	0.00
☰	JNJ - Johnson & Johnson	Add 0.24%	147,100	0.01
☰	KFT - Kraft Foods Inc.	Buy	132,393,800	6.46
☰	XAM - Trane Inc.	Buy	10,962,400	0.77
☰	WBC - Wabco Holdings Inc.	Buy	2,700,000	0.20
☰	AP47 - GlaxoSmithKline	Buy	1,510,500	0.11
☰	IRM* - Iron Mountain Inc.	Reduce 48.45%	4,383,950	0.21
☰	AMP - Ameriprise Financial, Inc.	Reduce 54.32%	786,920	0.08
☰	DJ - Dow Jones & Company, Inc.	Sell 100.00%	6,344,804	0.60
	Q3 2007
☰	DJ - Dow Jones & Company, Inc.	Add 128.08%	3,563,004	0.34
☰	USB - U.S. Bancorp	Add 76.59%	28,405,000	1.46
☰	BNI - Burlington Northern Santa Fe	Add 35.75%	13,953,570	1.79
☰	UNH - UnitedHealth Group Inc.	Add 25.00%	1,200,000	0.09
☰	JNJ - Johnson & Johnson	Add 15.92%	8,461,500	0.88
☰	WFC - Wells Fargo & Co.	Add 8.54%	21,994,100	1.24
☰	BAC - Bank of America Corp.	Add 4.60%	400,000	0.03
☰	CDCO - Comdisco Holding Co.	Add 0.95%	14,420	0.00
☰	PG - The Procter & Gamble Co.	Add 0.57%	600,200	0.07
☰	UNP - Union Pacific Corp.	Buy	17,812,000	0.79
☰	KMX - CarMax, Inc.	Buy	13,981,800	0.45
☰	NSC - Norfolk Southern Corp.	Buy	1,933,000	0.16
☰	INGR - Ingredion Inc.	Buy	636,600	0.05
☰	COP - ConocoPhillips	Reduce 2.39%	563,283	0.06
☰	NKE - NIKE, Inc.	Reduce 4.49%	1,436,000	0.04
☰	AMP - Ameriprise Financial, Inc.	Reduce 42.46%	1,068,900	0.12
☰	FDCP - First Data Corporation	Sell 100.00%	10,000,000	0.56
☰	TYI - Tyco International LTD	Sell 100.00%	6,310,200	0.36
☰	PTRCY - Petrochina Co LTD	Sell 100.00%	659,000	0.17
☰	WU - The Western Union Co.	Sell 100.00%	3,200,000	0.11
☰	3017264Q - Servicemaster Company	Sell 100.00%	3,998,000	0.11
	Q2 2007
☰	UNH - UnitedHealth Group Inc.	Add 369.94%	3,778,600	0.33
☰	SNY - Sanofi	Add 326.15%	2,702,185	0.19
☰	USB - U.S. Bancorp	Add 59.11%	13,778,026	0.78
☰	BNI - Burlington Northern Santa Fe	Add 12.64%	4,380,054	0.64
☰	WFC - Wells Fargo & Co.	Add 10.95%	25,430,768	1.53
☰	JNJ - Johnson & Johnson	Add 9.21%	4,480,248	0.47
☰	PG - The Procter & Gamble Co.	Add 5.25%	5,246,800	0.55
☰	BAC - Bank of America Corp.	Buy	8,700,000	0.73
☰	DJ - Dow Jones & Company, Inc.	Buy	2,781,800	0.27
☰	TYI - Tyco International LTD	Reduce 36.90%	3,689,800	0.21
☰	AMP - Ameriprise Financial, Inc.	Reduce 41.20%	1,763,900	0.18
☰	WU - The Western Union Co.	Reduce 67.57%	6,668,077	0.46
☰	UNP - Union Pacific Corp.	Sell 100.00%	10,513,100	1.93
☰	NSC - Norfolk Southern Corp.	Sell 100.00%	6,362,800	0.58
☰	HRB - H&R Block, Inc.	Sell 100.00%	1,246,800	0.05
	Q1 2007
☰	JNJ - Johnson & Johnson	Add 97.92%	24,076,800	2.62
☰	SNY - Sanofi	Add 69.60%	340,000	0.03
☰	CMCSK - Comcast Corp	Add 50.00%	4,000,000	0.18
☰	IRM* - Iron Mountain Inc.	Add 50.00%	3,015,950	0.14
☰	WFC - Wells Fargo & Co.	Add 13.83%	28,222,600	1.75
☰	BNI - Burlington Northern Santa Fe	Buy	34,647,376	5.03
☰	UNP - Union Pacific Corp.	Buy	42,052,400	1.93
☰	NSC - Norfolk Southern Corp.	Buy	6,362,800	0.58
☰	WU - The Western Union Co.	Reduce 1.32%	131,923	0.01
☰	3393199Q - Anheuser Busch Cos. Inc.	Reduce 2.35%	854,200	0.08
☰	AMP - Ameriprise Financial, Inc.	Reduce 48.23%	3,989,175	0.43
☰	HRB - H&R Block, Inc.	Reduce 69.69%	2,866,600	0.13
	Q4 2006
☰	WFC - Wells Fargo & Co.	Add 7.02%	13,380,500	0.94
☰	USG - USG Corporation	Add 2.22%	371,200	0.04
☰	USB - U.S. Bancorp	Buy	23,307,300	1.66
☰	UNH - UnitedHealth Group Inc.	Buy	1,021,400	0.09
☰	CMCSK - Comcast Corp	Reduce 27.99%	3,110,200	0.24
☰	AMP - Ameriprise Financial, Inc.	Reduce 57.05%	10,985,900	1.08
☰	HRB - H&R Block, Inc.	Reduce 62.51%	6,857,600	0.31
☰	OSI - OSI Restaurant Partners, Inc.	Sell 100.00%	1,818,800	0.12
☰	TGT - Target Corp.	Sell 100.00%	745,700	0.09
☰	SEE-OLD - Sealed Air Corporation	Sell 100.00%	677,700	0.08
	Q3 2006
☰	LOW - Lowe's Companies, Inc.	Add 797.44%	6,220,000	0.37
☰	USG - USG Corporation	Add 156.94%	10,200,992	1.01
☰	NKE - NIKE, Inc.	Add 61.64%	12,203,200	0.28
☰	IRM* - Iron Mountain Inc.	Add 20.04%	1,007,200	0.09
☰	JNJ - Johnson & Johnson	Buy	24,588,800	3.35
☰	WU - The Western Union Co.	Buy	10,000,000	0.40
☰	TGT - Target Corp.	Buy	745,700	0.09
☰	HRB - H&R Block, Inc.	Reduce 3.65%	415,500	0.02
☰	3393199Q - Anheuser Busch Cos. Inc.	Reduce 16.34%	7,110,652	0.75
☰	AMP - Ameriprise Financial, Inc.	Reduce 19.50%	4,665,600	0.48
	Q2 2006
☰	IRM* - Iron Mountain Inc.	Add 44.25%	1,541,400	0.13
☰	WFC - Wells Fargo & Co.	Add 2.96%	5,480,400	0.43
☰	OSI - OSI Restaurant Partners, Inc.	Buy	1,818,800	0.15
☰	SNY - Sanofi	Buy	488,500	0.06
☰	3393199Q - Anheuser Busch Cos. Inc.	Reduce 0.74%	326,148	0.03
☰	SEE-OLD - Sealed Air Corporation	Reduce 8.16%	60,200	0.01
☰	3017264Q - Servicemaster Company	Reduce 8.81%	386,400	0.01
☰	HRB - H&R Block, Inc.	Reduce 29.11%	4,674,600	0.23
☰	GAP - The Gap, Inc.	Sell 100.00%	10,000,000	0.43
☰	LXK - Lexmark International, Inc.	Sell 100.00%	2,521,100	0.26
	Q1 2006
☰	WFC - Wells Fargo & Co.	Add 8.80%	14,976,800	1.10
☰	CDCO - Comdisco Holding Co.	Add 0.29%	4,468	0.00
☰	COP - ConocoPhillips	Buy	23,531,038	2.60
☰	6683 - General Electric Co.	Buy	7,777,900	0.62
☰	UPS - United Parcel Service, Inc.	Buy	1,429,200	0.26
☰	IRM* - Iron Mountain Inc.	Reduce 11.79%	465,500	0.05
☰	HRB - H&R Block, Inc.	Reduce 13.36%	2,477,000	0.15
☰	LXK - Lexmark International, Inc.	Reduce 15.96%	478,900	0.05
☰	HD - The Home Depot, Inc.	Reduce 16.38%	819,000	0.08
☰	AMP - Ameriprise Financial, Inc.	Reduce 21.11%	6,400,000	0.65
☰	3017264Q - Servicemaster Company	Reduce 21.87%	1,227,200	0.04
☰	SEE-OLD - Sealed Air Corporation	Reduce 22.78%	217,700	0.03
☰	MLI - Mueller Industries, Inc.	Sell 100.00%	784,500	0.05
	Q4 2005
☰	PG - The Procter & Gamble Co.	Add 15773.02%	99,370,000	14.16
☰	LXK - Lexmark International, Inc.	Add 200.00%	2,000,000	0.22
☰	FDCP - First Data Corporation	Add 15.94%	1,375,000	0.15
☰	WFC - Wells Fargo & Co.	Buy	170,184,400	13.16
☰	3393199Q - Anheuser Busch Cos. Inc.	Buy	43,854,200	4.64
☰	WMT - Walmart Inc.	Buy	59,832,900	2.30
☰	HRB - H&R Block, Inc.	Buy	18,538,100	1.12
☰	TMJ - Torchmark Corp.	Buy	2,823,879	0.39
☰	MLI - Mueller Industries, Inc.	Reduce 7.90%	538,400	0.01
☰	SEE-OLD - Sealed Air Corporation	Reduce 14.17%	157,700	0.02
☰	IRM* - Iron Mountain Inc.	Reduce 21.02%	1,051,200	0.12
☰	GAP - The Gap, Inc.	Reduce 35.21%	5,434,243	0.30
☰	1028411Q - The Gillette Co.	Sell 100.00%	100,980,000	18.64
☰	SJR - Shaw Communica- tions Inc.	Sell 100.00%	7,101,500	0.47
	Q3 2005
☰	HD - The Home Depot, Inc.	Add 429.10%	4,055,000	0.49
☰	TYI - Tyco Inter- national LTD	Add 100.00%	5,000,000	0.44
☰	CMCSK - Comcast Corp	Add 11.10%	1,110,200	0.10
☰	AMP - Ameriprise Financial, Inc.	Buy	30,322,137	3.44
☰	SJR - Shaw Communica- tions Inc.	Reduce 67.72%	14,898,500	0.94
☰	WFC - Wells Fargo & Co.	Sell 100.00%	56,448,380	10.54
	Q2 2005
☰	FDCP - First Data Corporation	Add 7.81%	625,000	0.08
☰	SUU - Sun Trusts Banks Inc.	Buy	3,204,600	0.70
☰	TYI - Tyco International LTD	Buy	5,000,000	0.44
☰	LXK - Lexmark International, Inc.	Buy	1,000,000	0.20
☰	HD - The Home Depot, Inc.	Buy	945,000	0.11
☰	LOW - Lowe's Companies, Inc.	Buy	780,000	0.07
☰	HRB - H&R Block, Inc.	Sell 100.00%	13,510,900	2.09
☰	TMJ - Torchmark Corp.	Sell 100.00%	2,074,879	0.33
	Q1 2005
☰	1028411Q - The Gillette Co.	Add 5.19%	4,980,000	0.77
☰	TMJ - Torchmark Corp.	Add 1.76%	35,900	0.01
☰	CDCO - Comdisco Holding Co.	Add 0.63%	9,545	0.00
☰	PG - The Procter & Gamble Co.	Buy	630,000	0.10
☰	NKE - NIKE, Inc.	Reduce 1.02%	203,200	0.01
☰	HRB - H&R Block, Inc.	Reduce 5.85%	1,679,400	0.12
☰	MLI - Mueller Industries, Inc.	Reduce 37.46%	4,080,800	0.05
	Q4 2004
☰	CMCSK - Comcast Corp	Add 100.00%	5,000,000	0.50
☰	GAP - The Gap, Inc.	Add 2.89%	434,243	0.03
☰	CDCO - Comdisco Holding Co.	Add 1.33%	19,805	0.00
☰	TMJ - Torchmark Corp	Add 0.47%	9,600	0.00
☰	IRM* - Iron Mountain Inc.	Reduce 27.91%	1,935,750	0.21
☰	NKE - NIKE, Inc.	Reduce 58.33%	28,000,000	0.88
☰	3605818Q - HCA Inc.	Sell 100.00%	13,500,200	1.64
	Q3 2004
☰	WFC - Wells Fargo & Co.	Add 212.84%	76,808,720	7.30
☰	IRM* - Iron Mountain Inc.	Add 38.20%	1,917,250	0.21
☰	TMJ - Torchmark Corp.	Add 4.71%	91,200	0.02
☰	CMCSK - Comcast Corp	Buy	5,000,000	0.45
☰	3017264Q - Servicemaster Company	Buy	5,611,600	0.23
☰	3605818Q - HCA Inc.	Reduce 7.32%	1,065,900	0.14
☰	MLI - Mueller Industries, Inc.	Reduce 29.43%	4,543,200	0.07
☰	SUU - Sun Trusts Banks Inc.	Sell 100.00%	5,806,300	1.21
☰	ZNT - Zenith National Ins Corp.	Sell 100.00%	53,955	0.01
	Q2 2004
☰	CDCO - Comdisco Holding Co.	Add 0.01%	198	0.00
☰	SEE-OLD - Sealed Air Corporation	Reduce 0.93%	10,500	0.00
☰	3605818Q - HCA Inc.	Reduce 5.88%	910,400	0.11
☰	MLI - Mueller Industries, Inc.	Reduce 21.13%	4,136,800	0.05
☰	ZNT - Zenith National Ins Corp.	Reduce 57.47%	72,900	0.01
☰	WFC - Wells Fargo & Co.	Reduce 68.03%	76,808,720	6.49
	Q1 2004
☰	CDCO - Comdisco Holding Co.	Add 0.00%	16	0.00
☰	HRB - H&R Block, Inc.	Reduce 1.78%	520,600	0.04
☰	ZNT - Zenith National Ins. Corp.	Reduce 19.23%	30,200	0.00
☰	DOV - Dover Corp.	Sell 100.00%	2,000,000	0.24
☰	CBR$ - Cadbury Schweppes & PLC	Sell 100.00%	10,000,000	0.22
☰	ADP - Automatic Data Processing, Inc.	Sell 100.00%	1,415,700	0.17
	Q4 2003
☰	CDCO - Comdisco Holding Co.	Add 0.20%	3,039	0.00
☰	CBR$ - Cadbury Schweppes & PLC	Buy	10,000,000	0.22
☰	MLI - Mueller Industries, Inc.	Reduce 1.37%	272,000	0.00
☰	ZNT - Zenith National Ins. Corp.	Reduce 5.99%	10,000	0.00
☰	HRB - H&R Block, Inc.	Reduce 8.68%	2,776,600	0.20
☰	3605818Q - HCA Inc.	Reduce 13.54%	2,424,200	0.31
☰	ADP - Automatic Data Processing, Inc.	Reduce 14.15%	294,175	0.03
☰	GAP - The Gap, Inc.	Reduce 25.00%	5,000,000	0.29
☰	DOV - Dover Corp.	Reduce 36.09%	1,684,678	0.14
☰	DUK - Duke Energy Corp.	Sell 100.00%	1,418,800	0.09
☰	723588Q - Great Lakes Chemical Corp.	Sell 100.00%	547,700	0.04
☰	LVLT - Level 3 Communications	Sell 100.00%	1,644,900	0.03
☰	DB5 - Dun & Bradstreet Corp.	Sell 100.00%	136,000	0.02
	Q3 2003
☰	3605818Q - HCA Inc.	Add 7.78%	1,291,700	0.16
☰	KO - The Coca-Cola Co.	Buy	400,000,000	29.36
☰	AXP - American Express Co.	Buy	173,209,985	23.35
☰	1028411Q - The Gillette Co.	Buy	96,000,000	10.49
☰	WFC - Wells Fargo & Co.	Buy	112,896,760	9.93
☰	1556464D - Wesco Finl Corp.	Buy	5,703,087	6.63
☰	MCO - Moody's Corp.	Buy	48,000,000	4.51
☰	HRB - H&R Block, Inc.	Buy	31,998,400	2.36
☰	MTB - M&T Bank Corp.	Buy	6,708,760	2.00
☰	NKE - NIKE, Inc.	Buy	48,000,000	1.25
☰	SUU - Sun Trusts Banks Inc.	Buy	5,806,300	1.20
☰	GAP - The Gap, Inc.	Buy	20,000,000	1.17
☰	SJR - Shaw Communications Inc.	Buy	22,000,000	0.91
☰	COST - Costco Wholesale Corp.	Buy	5,254,000	0.56
☰	CDCO - Comdisco Holding Co.	Buy	1,486,375	0.43
☰	DOV - Dover Corp.	Buy	4,668,258	0.38
☰	USG - USG Corporation	Buy	6,500,000	0.38
☰	TMJ - Torchmark Corp.	Buy	1,938,179	0.27
☰	MLI - Mueller Industries, Inc.	Buy	19,847,200	0.22
☰	ADP - Automatic Data Processing, Inc.	Buy	2,079,277	0.20
☰	SEE-OLD - Sealed Air Corporation	Buy	1,123,800	0.18
☰	PTRCY - Petrochina Co LTD	Buy	659,000	0.08
☰	723588Q - Great Lakes Chemical Corp.	Buy	547,700	0.04
☰	DB5 - Dun & Bradstreet Corp.	Buy	136,000	0.02
☰	ZNT - Zenith National Ins. Corp.	Buy	167,055	0.02
☰	LVLT - Level 3 Communications	Reduce 91.72%	18,232,565	10.08
	Q2 2003
☰	LVLT - Level 3 Communications	Add 2161.37%	18,998,465	10.51
☰	3605818Q - HCA Inc.	Buy	16,609,000	43.93
☰	FDCP - First Data Corporation	Buy	8,000,000	27.37
☰	IRM* - Iron Mountain Inc.	Buy	5,018,500	15.37
☰	DUK - Duke Energy Corp.	Buy	813,859	2.34
☰	KO - The Coca-Cola Co.	Sell 100.00%	200,000,000	32.76
☰	AXP - American Express Co.	Sell 100.00%	151,610,700	20.39
☰	1028411Q - The Gillette Co.	Sell 100.00%	96,000,000	12.02
☰	WFC - Wells Fargo & Co.	Sell 100.00%	53,265,080	9.70
☰	1556464D - Wesco Finl Corp.	Sell 100.00%	5,703,087	6.88
☰	MCO - Moody's Corp.	Sell 100.00%	24,000,000	4.49
☰	HRB - H&R Block, Inc.	Sell 100.00%	15,999,200	2.76
☰	MTB - M&T Bank Corp.	Sell 100.00%	6,708,760	2.13
☰	NKE - NIKE, Inc.	Sell 100.00%	6,000,000	1.25
☰	SUU - Sun Trusts Banks Inc.	Sell 100.00%	5,806,300	1.24
☰	GAP - The Gap, Inc.	Sell 100.00%	20,000,000	1.17
☰	SJR - Shaw Communica- tions Inc.	Sell 100.00%	22,000,000	0.94
☰	CDCO - Comdisco Holding Co.	Sell 100.00%	1,468,573	0.80
☰	COST - Costco Wholesale Corp.	Sell 100.00%	5,254,000	0.64
☰	723588Q - Great Lakes Chemical Corp.	Sell 100.00%	6,948,700	0.62
☰	DOV - Dover Corp.	Sell 100.00%	4,500,000	0.44
☰	GATX - GATX Corp.	Sell 100.00%	7,340,700	0.43
☰	SEE-OLD - Sealed Air Corpora- tion	Sell 100.00%	2,492,800	0.40
☰	TMJ - Torchmark Corp.	Sell 100.00%	1,938,179	0.28
☰	MLI - Mueller Industries, Inc.	Sell 100.00%	2,480,900	0.25
☰	USG - USG Corpora- tion	Sell 100.00%	6,500,000	0.11
☰	DB5 - Dun & Bradstreet Corp.	Sell 100.00%	680,000	0.11
☰	WTEL - WilTel Communica- tions	Sell 100.00%	1,590,696	0.08
☰	PTRCY - Petrochina Co LTD	Sell 100.00%	718,800	0.06
☰	ZNT - Zenith National Ins. Corp.	Sell 100.00%	451,355	0.04
	Q1 2003
☰	DOV - Dover Corp.	Add 12.50%	745,895	0.05
☰	CDCO - Comdisco Holding Co.	Add 1.10%	16,024	0.01
☰	WTEL - WilTel Communica- tions	Buy	1,590,696	0.08
☰	PTRCY - Petrochina Co LTD	Buy	718,800	0.06
☰	LVLT - Level 3 Communi- cations	Buy	879,000	0.02
☰	DB5 - Dun & Bradstreet Corp.	Reduce 36.32%	387,900	0.05
☰	IRM* - Iron Mountain Inc.	Sell 100.00%	8,000,000	1.02
☰	PNC - The PNC Financial Services Group, Inc.	Sell 100.00%	715,000	0.12
☰	BBY - Best Buy Co., Inc.	Sell 100.00%	542,800	0.05
	Q4 2002
☰	DOV - Dover Corp.	Add 61.34%	2,268,714	0.17
☰	IRM* - Iron Mountain Inc.	Add 19.92%	1,328,800	0.17
☰	CDCO - Comdisco Holding Co.	Buy	1,452,549	0.44
☰	PNC - The PNC Financial Services Group, Inc.	Buy	715,000	0.12
☰	BBY - Best Buy Co., Inc.	Buy	814,200	0.05
☰	COST - Costco Wholesale Corp.	Reduce 6.29%	352,409	0.04
☰	TMJ - Torchmark Corp.	Reduce 6.52%	135,283	0.02
☰	DB5 - Dun & Bradstreet Corp.	Reduce 17.16%	221,200	0.03
☰	OMC - Omnicom Group Inc.	Sell 100.00%	500,000	0.11
	Q3 2002
☰	NKE - NIKE, Inc.	Add 36.19%	12,754,400	0.27
☰	DOV - Dover Corp.	Add 14.51%	468,571	0.03
☰	GAP - The Gap, Inc.	Buy	20,000,000	0.84
☰	COST - Costco Wholesale Corp.	Buy	5,606,409	0.70
☰	IRM* - Chemical Corp. Iron Mountain Inc.	Buy	6,671,200	0.64
☰	MLI - Mueller Industries, Inc.	Buy	19,847,200	0.25
☰	DB5 - Dun & Bradstreet Corp.	Buy	1,289,100	0.17
☰	SEE-OLD - house Inc. Sealed Air Corporation	Buy	2,492,800	0.16
☰	OMC - Omnicom Group Inc.	Buy	1,000,000	0.11
	Q2 2002
☰	NKE - NIKE, Inc.	Reduce 10.65%	4,200,000	0.11
☰	ZNT - Zenith National Ins. Corp.	Reduce 44.73%	365,300	0.04
	Q1 2002
☰	DOV - Dover Corp.	Buy	3,229,875	0.31
☰	DB5 - Dun & Bradstreet Corp.	Sell 100.00%	5,243,400	0.70
☰	SEE-OLD - Sealed Air Corporation	Sell 100.00%	3,048,300	0.47
☰	MLI - Mueller Industries, Inc.	Sell 100.00%	3,216,900	0.40
☰	FE - FirstEnergy Corp.	Sell 100.00%	2,144,205	0.28
☰	LZB - La-Z-Boy Inc.	Sell 100.00%	54,100	0.00
	Q4 2001
☰	SJR - Shaw Communi- cations Inc.	Add 1.92%	413,900	0.03
☰	HRB - H&R Block, Inc.	Add 1.46%	460,000	0.04
☰	DB5 - Dun & Bradstreet Corp.	Buy	5,243,400	0.70
☰	SEE-OLD - Sealed Air Corporation	Buy	3,048,300	0.47
☰	FE - FirstEnergy Corp.	Buy	2,144,205	0.28
☰	FDCP - First Data Corporation	Sell 100.00%	7,850,000	1.82
☰	GPUI - GPU Inc.	Sell 100.00%	4,921,300	0.79
☰	C - Citigroup Inc.	Sell 100.00%	2,743,879	0.44
	Q3 2001
☰	SJR - Shaw Communications Inc.	Add 7.93%	1,586,100	0.13
☰	C - Citigroup Inc.	Reduce 7.35%	21,755	0.04
☰	DB5 - Dun & Bradstreet Corp.	Sell 100.00%	6,945,400	0.72
☰	USB - U.S. Bancorp	Sell 100.00%	6,284,839	0.53
☰	HON - Honeywell International Inc.	Sell 100.00%	2,250,000	0.29
☰	ODP - Office Depot Inc.	Sell 100.00%	5,000,000	0.19
	Q2 2001
☰	SJR - Shaw Communications Inc.	Add 0.44%	88,600	0.01
☰	FDCP - First Data Corporation	Buy	7,850,000	1.86
☰	NKE - NIKE, Inc.	Buy	39,445,600	0.77
☰	USB - U.S. Bancorp	Buy	6,284,839	0.53
☰	HON - Honeywell International Inc.	Buy	2,387,577	0.29
☰	ODP - Office Depot Inc.	Buy	5,000,000	0.19
☰	WFC - Wells Fargo & Co.	Reduce 3.28%	3,612,600	0.33
☰	SUU - Sun Trusts Banks Inc.	Reduce 12.57%	835,100	0.20
☰	C - Citigroup Inc.	Reduce 21.85%	82,803	0.14
☰	DB5 - Dun & Bradstreet Corp.	Reduce 42.12%	5,054,600	0.45
☰	SEE-OLD - Sealed Air Corporation	Sell 100.00%	3,952,300	0.49
☰	GD - General Dynamics Corp.	Sell 100.00%	222,177	0.05
	Q1 2001
☰	SJR - Shaw Communications Inc.	Add 29.77%	4,568,200	0.34
☰	HRB - H&R Block, Inc.	Add 2.43%	748,400	0.04
☰	WFC - Wells Fargo & Co.	Buy	110,142,760	10.21
☰	GPUI - GPU Inc.	Buy	4,921,300	0.60
☰	GD - General Dynamics Corp.	Buy	444,354	0.05
☰	MLI - Mueller Industries, Inc.	Reduce 0.01%	1,600	0.00
☰	723588Q - Great Lakes Chemical Corp.	Reduce 0.73%	51,300	0.01
☰	SEE-OLD - Sealed Air Corporation	Reduce 8.19%	352,600	0.04
☰	C - Citigroup Inc.	Reduce 17.63%	81,110	0.14
☰	540541Q - Hertz Corp.	Sell 100.00%	1,907,100	0.22
☰	JM - Johns Manville Corporation	Sell 100.00%	4,786,900	0.21
☰	SHX - Shaw Industries	Sell 100.00%	2,194,200	0.14
☰	FBN - Furniture Brands Int'l	Sell 100.00%	795,200	0.06
☰	DIS - The Walt Disney Co.	Sell 100.00%	318,342	0.03
	Q4 2000
☰	SJR - Shaw Communications Inc.	Add 11.28%	1,555,100	0.12
☰	MTB - M&T Bank Corp.	Add 0.14%	9,660	0.00
☰	MCO - Moody's Corp.	Buy	48,000,000	2.08
☰	HRB - H&R Block, Inc.	Buy	30,790,000	1.08
☰	DB5 - Dun & Bradstreet Corp.	Buy	12,000,000	1.05
☰	USG - USG Corporation	Buy	6,500,000	0.49
☰	SEE-OLD - Sealed Air Corporation	Buy	4,304,900	0.44
☰	MLI - Mueller Industries, Inc.	Buy	25,736,800	0.29
☰	540541Q - Hertz Corp.	Buy	1,907,100	0.22
☰	JM - Johns Manville Corporation	Buy	4,786,900	0.21
☰	FBN - Furniture Brands Int'l	Buy	795,200	0.06
☰	DIS - The Walt Disney Co.	Buy	322,698	0.03
☰	LZB - La-Z-Boy Inc.	Buy	54,100	0.00
☰	C - Citigroup Inc.	Reduce 7.34%	36,426	0.07
☰	2168Q - US Bancorp	Sell 100.00%	21,495,001	1.77
☰	FDCP - First Data Corporation	Sell 100.00%	9,544,900	1.35
☰	NKE - NIKE, Inc.	Sell 100.00%	5,926,800	0.86
☰	KSTN - Keystone Financial Inc.	Sell 100.00%	26,000	0.00
	Q3 2000
☰	KO - The Coca-Cola Co.	Buy	400,000,000	39.93
☰	AXP - American Express Co.	Buy	173,209,985	33.35
☰	1028411Q - The Gillette Co.	Buy	96,000,000	10.73
☰	1556464D - Wesco Finl Corp.	Buy	5,703,087	5.18
☰	2168Q - US Bancorp	Buy	21,495,001	1.77
☰	FDCP - First Data Corporation	Buy	9,544,900	1.35
☰	MTB - M&T Bank Corp.	Buy	6,699,100	1.24
☰	SUU - Sun Trusts Banks Inc.	Buy	6,641,400	1.20
☰	SJR - Shaw Communications Inc.	Buy	13,788,100	1.13
☰	GATX - GATX Corp.	Buy	7,340,700	1.11
☰	C - Citigroup Inc.	Buy	496,482	0.97
☰	NKE - NIKE, Inc.	Buy	47,414,400	0.86
☰	723588Q - Great Lakes Chemical Corp.	Buy	7,000,000	0.74
☰	TMJ - Torchmark Corp.	Buy	2,073,462	0.21
☰	SHX - Shaw Industries	Buy	2,194,200	0.15
☰	ZNT - Zenith National Ins. Corp.	Buy	816,655	0.06
☰	KSTN - Keystone Financial Inc.	Buy	26,000	0.00
☰	WFC - Wells Fargo & Co.	Sell 100.00%	58,464,880	68.44
☰	COST - Costco Wholesale Corp.	Sell 100.00%	21,505,000	21.44
☰	GD - General Dynamics Corp.	Sell 100.00%	4,973,777	7.85
☰	GAP - The Gap, Inc.	Sell 100.00%	2,400,000	2.27
	Q2 2000
☰	WFC - Wells Fargo & Co.	Buy	116,929,760	68.44
☰	COST - Costco Wholesale Corp.	Buy	21,505,000	21.44
☰	GD - General Dynamics Corp.	Buy	9,947,554	7.85
☰	GAP - The Gap, Inc.	Buy	2,400,000	2.27
☰	KO - The Coca-Cola Co.	Sell 100.00%	200,000,000	40.43
☰	AXP - American Express Co.	Sell 100.00%	50,536,900	32.42
☰	1028411Q - The Gillette Co.	Sell 100.00%	96,000,000	15.58
☰	1556464D - Wesco Finl Corp.	Sell 100.00%	5,703,087	6.26
☰	SUU - Sun Trusts Banks Inc.	Sell 100.00%	6,641,400	1.65
☰	C - Citigroup Inc.	Sell 100.00%	5,512,325	1.42
☰	GATX - GATX Corp.	Sell 100.00%	7,340,700	1.20
☰	723588Q - Great Lakes Chemical Corp.	Sell 100.00%	6,480,700	0.95
☰	ZNT - Zenith National Ins. Corp.	Sell 100.00%	816,655	0.08
	Q1 2000
☰	GATX - GATX Corp.	Add 178.64%	4,706,200	0.77
☰	723588Q - Great Lakes Chemical Corp.	Add 52.19%	2,222,500	0.33
☰	C - Citigroup Inc.	Reduce 31.63%	340,003	0.53
☰	MTB - M&T Bank Corp.	Sell 100.00%	510,310	0.79
☰	TMJ - Torchmark Corp.	Sell 100.00%	662,562	0.07
☰	1011185D - PS Group Holdings, Inc.	Sell 100.00%	1,208,032	0.05
☰	RNB - Republic New York Corp.	Sell 100.00%	159,000	0.04
	Q4 1999
☰	KO - The Coca-Cola Co.	Buy	400,000,000	43.42
☰	AXP - American Express Co.	Buy	173,209,985	31.31
☰	1028411Q - The Gillette Co.	Buy	96,000,000	14.74
☰	1556464D - Wesco Finl Corp.	Buy	5,703,087	5.21
☰	SUU - Sun Trusts Banks Inc.	Buy	6,641,400	1.70
☰	C - Citigroup Inc.	Buy	1,074,980	1.67
☰	MTB - M&T Bank Corp.	Buy	5,103,100	0.79
☰	723588Q - Great Lakes Chemical Corp.	Buy	4,258,200	0.61
☰	GATX - GATX Corp.	Buy	2,634,500	0.33
☰	TMJ - Torchmark Corp.	Buy	662,562	0.07
☰	ZNT - Zenith National Ins. Corp.	Buy	816,655	0.06
☰	1011185D - PS Group Holdings, Inc.	Buy	1,208,032	0.05
☰	RNB - Republic New York Corp.	Buy	159,000	0.04
☰	FMCC - Federal Home Ln Mtg Corp.	Sell 100.00%	61,359,300	36.52
☰	WFC - Wells Fargo & Co.	Sell 100.00%	59,136,680	26.82
☰	FDCP - First Data Corporation	Sell 100.00%	12,399,600	6.23
☰	DIS - The Walt Disney Co.	Sell 100.00%	19,971,142	5.94
☰	2168Q - US Bancorp	Sell 100.00%	14,657,001	5.06
☰	HUB - Chubb Corp.	Sell 100.00%	7,260,300	4.12
☰	NKE - NIKE, Inc.	Sell 100.00%	6,237,600	4.06
☰	FNMA - Federal National Mortgage Assoc.	Sell 100.00%	5,416,700	3.89
☰	GD - General Dynamics Corp.	Sell 100.00%	5,170,310	3.70
☰	SJR - Shaw Communications Inc. C	Sell 100.00%	7,379,900	2.33
☰	AAIG - American International Group	Sell 100.00%	1,330,250	1.32
	Q3 1999
☰	HUB - Chubb Corp.	Add 1259.35%	6,726,200	3.82
☰	SJR - Shaw Communications Inc. C	Add 72.36%	3,098,300	0.98
☰	2168Q - US Bancorp	Add 34.96%	3,796,900	1.31
☰	WFC - Wells Fargo & Co.	Reduce 4.18%	5,160,000	1.14
☰	FNMA - Federal National Mortgage Assoc.	Reduce 6.05%	348,600	0.25
☰	GD - General Dynamics Corp.	Reduce 13.66%	1,635,600	0.58
☰	DIS - The Walt Disney Co.	Reduce 30.53%	8,895,286	2.78
☰	ER - Executive Risk Inc.	Sell 100.00%	1,100,000	0.96
	Q2 1999
☰	SJR - Shaw Communi- cations Inc.	Buy	4,281,600	1.75
☰	WFC - Wells Fargo & Co.	Reduce 1.81%	2,270,000	0.43
☰	AAIG - American Interna- tional Group	Reduce 3.62%	50,000	0.06
☰	2168Q - US Bancorp	Reduce 3.96%	447,400	0.16
☰	DIS - The Walt Disney Co.	Reduce 15.94%	5,527,421	1.81
☰	GD - General Dynamics Corp.	Reduce 22.17%	3,411,054	1.17
☰	HUB - Chubb Corp.	Reduce 80.55%	2,211,800	1.38
	Q1 1999
☰	FMCC - Federal Home Ln Mtg Corp.	Add 84.27%	28,061,300	17.18
☰	DIS - The Walt Disney Co.	Add 39.90%	9,888,067	3.24
☰	2168Q - US Bancorp	Add 35.43%	2,958,300	1.08
☰	WFC - Wells Fargo & Co.	Buy	125,703,360	23.55
☰	HUB - Chubb Corp.	Buy	2,745,900	1.72
☰	ER - Executive Risk Inc.	Buy	1,100,000	0.83
☰	AAIG - American Inter- national Group	Reduce 41.60%	983,300	1.49
☰	2223Q - Wells Fargo & Co. Del	Sell 100.00%	17,541,620	11.01
☰	C - Citigroup Inc.	Sell 100.00%	5,096,832	3.98
☰	723588Q - Great Lakes Chemical Corp.	Sell 100.00%	4,000,000	2.51
☰	TCAT - TCA Cable TV Inc.	Sell 100.00%	4,035,000	2.26
☰	MAN - ManpowerGroup Inc.	Sell 100.00%	3,654,800	1.45
☰	WMT - Walmart Inc.	Sell 100.00%	431,000	0.55
☰	TMJ - Torchmark Corp.	Sell 100.00%	662,562	0.37
☰	ZNT - Zenith National Ins. Corp.	Sell 100.00%	816,655	0.30
☰	WDR.B - Waddell & Reed	Sell 100.00%	162,261	0.06
☰	WDR - Waddell & Reed	Sell 100.00%	37,699	0.01
☰	UAWGQ - US Airways Group Inc.	Sell 100.00%	16,600	0.01