Historical Stock Holdings

Bill Nygren - Oakmark Select Fund

PeriodPortfolio ValueTop 20 holdings history (left to right)
2024   Q2$5.79 B GOOGL
Alphabet Inc.
8.97% of portfolio
 		CBRE
CBRE Group
7.57% of portfolio
 		FCNCA
First Citizens Bancshares
7.49% of portfolio
 		IQV
IQVIA Holdings Inc.
7.03% of portfolio
 		SCHW
Charles Schwab Corp.
6.42% of portfolio
 		LAD
Lithia Motors Inc.
5.66% of portfolio
 		ICE
Intercontinental Exchange Inc.
5.39% of portfolio
 		DE
Deere & Co.
5.20% of portfolio
 		PAYC
Paycom Software Inc.
5.20% of portfolio
 		COF
Capital One Financial
5.17% of portfolio
 		CRM
Salesforce.com
4.92% of portfolio
 		COP
ConocoPhillips
4.36% of portfolio
 		PSX
Phillips 66
3.79% of portfolio
 		FI
Fiserv Inc.
3.67% of portfolio
 		CNC
Centene Corp.
3.65% of portfolio
 		ALLY
Ally Financial Inc.
3.31% of portfolio
 		WFC
Wells Fargo
3.25% of portfolio
 		CHTR
Charter Communications
2.93% of portfolio
 		WBD
Warner Bros. Discovery Inc.
2.45% of portfolio
 		APA
APA Corp.
2.14% of portfolio
2024   Q1$6.16 B IQV
IQVIA Holdings Inc.
7.90% of portfolio
 		CBRE
CBRE Group
7.76% of portfolio
 		GOOGL
Alphabet Inc.
6.99% of portfolio
 		COF
Capital One Financial
6.50% of portfolio
 		LAD
Lithia Motors Inc.
6.34% of portfolio
 		FCNCA
First Citizens Bancshares
6.25% of portfolio
 		PAYC
Paycom Software Inc.
6.07% of portfolio
 		SCHW
Charles Schwab Corp.
5.92% of portfolio
 		ICE
Intercontinental Exchange Inc.
5.18% of portfolio
 		CHTR
Charter Communications
4.12% of portfolio
 		WFC
Wells Fargo
4.10% of portfolio
 		COP
ConocoPhillips
3.91% of portfolio
 		PSX
Phillips 66
3.87% of portfolio
 		CRM
Salesforce.com
3.56% of portfolio
 		FI
Fiserv Inc.
3.41% of portfolio
 		ALLY
Ally Financial Inc.
3.18% of portfolio
 		AXP
American Express
2.95% of portfolio
 		WBD
Warner Bros. Discovery Inc.
2.70% of portfolio
 		DE
Deere & Co.
2.65% of portfolio
 		KKR
KKR & Co. L.P.
2.49% of portfolio
2023   Q4$5.74 B CBRE
CBRE Group
8.56% of portfolio
 		IQV
IQVIA Holdings Inc.
8.26% of portfolio
 		LAD
Lithia Motors Inc.
7.45% of portfolio
 		COF
Capital One Financial
7.09% of portfolio
 		GOOGL
Alphabet Inc.
6.94% of portfolio
 		SCHW
Charles Schwab Corp.
6.05% of portfolio
 		FCNCA
First Citizens Bancshares
6.04% of portfolio
 		ICE
Intercontinental Exchange Inc.
5.31% of portfolio
 		KKR
KKR & Co. L.P.
4.80% of portfolio
 		WFC
Wells Fargo
4.04% of portfolio
 		CHTR
Charter Communications
3.93% of portfolio
 		CRM
Salesforce.com
3.91% of portfolio
 		ALLY
Ally Financial Inc.
3.80% of portfolio
 		AXP
American Express
3.55% of portfolio
 		PSX
Phillips 66
3.19% of portfolio
 		COP
ConocoPhillips
3.13% of portfolio
 		FI
Fiserv Inc.
3.04% of portfolio
 		WBD
Warner Bros. Discovery Inc.
2.68% of portfolio
 		PAYC
Paycom Software Inc.
2.41% of portfolio
 		APA
APA Corp.
2.01% of portfolio
2023   Q3$4.95 B GOOGL
Alphabet Inc.
9.34% of portfolio
 		LAD
Lithia Motors Inc.
7.41% of portfolio
 		CBRE
CBRE Group
7.13% of portfolio
 		IQV
IQVIA Holdings Inc.
6.92% of portfolio
 		FCNCA
First Citizens Bancshares
6.75% of portfolio
 		COF
Capital One Financial
6.16% of portfolio
 		KKR
KKR & Co. L.P.
6.04% of portfolio
 		ICE
Intercontinental Exchange Inc.
5.36% of portfolio
 		CHTR
Charter Communications
5.36% of portfolio
 		SCHW
Charles Schwab Corp.
5.31% of portfolio
 		CRM
Salesforce.com
5.26% of portfolio
 		WFC
Wells Fargo
3.89% of portfolio
 		ALLY
Ally Financial Inc.
3.77% of portfolio
 		COP
ConocoPhillips
3.74% of portfolio
 		FI
Fiserv Inc.
3.18% of portfolio
 		ORCL
Oracle Corp.
3.05% of portfolio
 		WBD
Warner Bros. Discovery Inc.
2.96% of portfolio
 		APA
APA Corp.
2.67% of portfolio
 		EOG
EOG Resources
2.67% of portfolio
 		LBRDK
Liberty Broadband Corp. CL C
2.60% of portfolio
2023   Q2$5.03 B GOOGL
Alphabet Inc.
8.48% of portfolio
 		LAD
Lithia Motors Inc.
7.50% of portfolio
 		FCNCA
First Citizens Bancshares
7.07% of portfolio
 		CBRE
CBRE Group
7.02% of portfolio
 		COF
Capital One Financial
6.43% of portfolio
 		KKR
KKR & Co. L.P.
5.41% of portfolio
 		SCHW
Charles Schwab Corp.
5.41% of portfolio
 		ICE
Intercontinental Exchange Inc.
5.21% of portfolio
 		CRM
Salesforce.com
4.82% of portfolio
 		WFC
Wells Fargo
4.42% of portfolio
 		CHTR
Charter Communications
4.34% of portfolio
 		ORCL
Oracle Corp.
3.79% of portfolio
 		ALLY
Ally Financial Inc.
3.76% of portfolio
 		EOG
EOG Resources
3.58% of portfolio
 		AMZN
Amazon.com Inc.
3.53% of portfolio
 		FI
Fiserv Inc.
3.50% of portfolio
 		COP
ConocoPhillips
3.42% of portfolio
 		HCA
HCA Healthcare Inc.
3.33% of portfolio
 		WBD
Warner Bros. Discovery Inc.
3.29% of portfolio
 		APA
APA Corp.
2.70% of portfolio
2023   Q1$4.5 B GOOGL
Alphabet Inc.
10.84% of portfolio
 		ORCL
Oracle Corp.
7.33% of portfolio
 		CRM
Salesforce.com
6.87% of portfolio
 		FCNCA
First Citizens Bancshares
6.83% of portfolio
 		CBRE
CBRE Group
6.00% of portfolio
 		LAD
Lithia Motors Inc.
5.87% of portfolio
 		AMZN
Amazon.com Inc.
5.67% of portfolio
 		KKR
KKR & Co. L.P.
5.67% of portfolio
 		ICE
Intercontinental Exchange Inc.
5.07% of portfolio
 		COF
Capital One Financial
4.90% of portfolio
 		WFC
Wells Fargo
4.33% of portfolio
 		WBD
Warner Bros. Discovery Inc.
4.08% of portfolio
 		ALLY
Ally Financial Inc.
3.97% of portfolio
 		EOG
EOG Resources
3.80% of portfolio
 		CHTR
Charter Communications
3.78% of portfolio
 		FI
Fiserv Inc.
3.51% of portfolio
 		HCA
HCA Healthcare Inc.
3.24% of portfolio
 		SCHW
Charles Schwab Corp.
3.05% of portfolio
 		LBRDK
Liberty Broadband Corp. CL C
2.54% of portfolio
 		APA
APA Corp.
2.31% of portfolio
2022   Q4$4.08 B GOOGL
Alphabet Inc.
9.08% of portfolio
 		CBRE
CBRE Group
7.26% of portfolio
 		ORCL
Oracle Corp.
7.11% of portfolio
 		KKR
KKR & Co. L.P.
6.26% of portfolio
 		CRM
Salesforce.com
5.19% of portfolio
 		LAD
Lithia Motors Inc.
5.16% of portfolio
 		COF
Capital One Financial
5.09% of portfolio
 		ICE
Intercontinental Exchange Inc.
4.53% of portfolio
 		HCA
HCA Healthcare Inc.
4.46% of portfolio
 		C
Citigroup Inc.
4.45% of portfolio
 		FCNCA
First Citizens Bancshares
4.43% of portfolio
 		ALLY
Ally Financial Inc.
4.20% of portfolio
 		AMZN
Amazon.com Inc.
4.19% of portfolio
 		NFLX
Netflix Inc.
4.15% of portfolio
 		CHTR
Charter Communications
3.96% of portfolio
 		EOG
EOG Resources
3.75% of portfolio
 		WFC
Wells Fargo
3.64% of portfolio
 		FI
Fiserv Inc.
3.46% of portfolio
 		WBD
Warner Bros. Discovery Inc.
2.82% of portfolio
 		LBRDK
Liberty Broadband Corp. CL C
2.62% of portfolio
2022   Q3$4.02 B GOOGL
Alphabet Inc.
8.65% of portfolio
 		FCNCA
First Citizens Bancshares
6.55% of portfolio
 		CBRE
CBRE Group
6.05% of portfolio
 		NFLX
Netflix Inc.
5.77% of portfolio
 		CHTR
Charter Communications
5.39% of portfolio
 		KKR
KKR & Co. L.P.
5.35% of portfolio
 		C
Citigroup Inc.
5.20% of portfolio
 		ALLY
Ally Financial Inc.
4.85% of portfolio
 		META
Meta Platforms Inc.
4.69% of portfolio
 		FI
Fiserv Inc.
4.65% of portfolio
 		COF
Capital One Financial
4.52% of portfolio
 		CRM
Salesforce.com
4.31% of portfolio
 		LAD
Lithia Motors Inc.
4.27% of portfolio
 		AMZN
Amazon.com Inc.
4.08% of portfolio
 		EOG
EOG Resources
3.98% of portfolio
 		ALSN
Allison Transmission Holdings
3.77% of portfolio
 		HCA
HCA Healthcare Inc.
3.55% of portfolio
 		WBD
Warner Bros. Discovery Inc.
3.15% of portfolio
 		LEA
Lear Corp.
3.03% of portfolio
 		WFC
Wells Fargo
3.00% of portfolio
2022   Q2$4.18 B GOOGL
Alphabet Inc.
10.93% of portfolio
 		CBRE
CBRE Group
6.67% of portfolio
 		CHTR
Charter Communications
6.26% of portfolio
 		ALLY
Ally Financial Inc.
5.61% of portfolio
 		FCNCA
First Citizens Bancshares
5.16% of portfolio
 		NFLX
Netflix Inc.
5.08% of portfolio
 		LAD
Lithia Motors Inc.
5.06% of portfolio
 		FI
Fiserv Inc.
4.89% of portfolio
 		META
Meta Platforms Inc.
4.89% of portfolio
 		BAC
Bank of America Corp.
4.44% of portfolio
 		C
Citigroup Inc.
4.41% of portfolio
 		AIG
American International Group
4.17% of portfolio
 		ALSN
Allison Transmission Holdings
4.13% of portfolio
 		COF
Capital One Financial
4.10% of portfolio
 		APA
APA Corp.
3.79% of portfolio
 		EOG
EOG Resources
3.78% of portfolio
 		LEA
Lear Corp.
3.46% of portfolio
 		GE
GE Aerospace
3.43% of portfolio
 		AMZN
Amazon.com Inc.
3.30% of portfolio
 		BKNG
Booking Holdings Inc.
3.29% of portfolio
2022   Q1$4.92 B GOOGL
Alphabet Inc.
9.71% of portfolio
 		CBRE
CBRE Group
7.47% of portfolio
 		ALLY
Ally Financial Inc.
6.18% of portfolio
 		NFLX
Netflix Inc.
4.88% of portfolio
 		CHTR
Charter Communications
4.75% of portfolio
 		FI
Fiserv Inc.
4.74% of portfolio
 		APA
APA Corp.
4.66% of portfolio
 		AIG
American International Group
4.35% of portfolio
 		C
Citigroup Inc.
4.28% of portfolio
 		STZ
Constellation Brands
4.26% of portfolio
 		LAD
Lithia Motors Inc.
4.18% of portfolio
 		EOG
EOG Resources
3.97% of portfolio
 		COF
Capital One Financial
3.94% of portfolio
 		FCNCA
First Citizens Bancshares
3.92% of portfolio
 		BKNG
Booking Holdings Inc.
3.91% of portfolio
 		HCA
HCA Healthcare Inc.
3.58% of portfolio
 		ALSN
Allison Transmission Holdings
3.58% of portfolio
 		META
Meta Platforms Inc.
3.43% of portfolio
 		LEA
Lear Corp.
3.33% of portfolio
 		GE
GE Aerospace
3.26% of portfolio
2021   Q4$5.41 B GOOGL
Alphabet Inc.
10.34% of portfolio
 		CBRE
CBRE Group
8.76% of portfolio
 		ALLY
Ally Financial Inc.
5.28% of portfolio
 		FI
Fiserv Inc.
4.90% of portfolio
 		META
Meta Platforms Inc.
4.87% of portfolio
 		CHTR
Charter Communications
4.69% of portfolio
 		NFLX
Netflix Inc.
4.68% of portfolio
 		AIG
American International Group
4.43% of portfolio
 		C
Citigroup Inc.
4.40% of portfolio
 		STZ
Constellation Brands
4.22% of portfolio
 		COF
Capital One Financial
4.02% of portfolio
 		HUM
Humana Inc.
4.01% of portfolio
 		LEA
Lear Corp.
3.89% of portfolio
 		BAC
Bank of America Corp.
3.72% of portfolio
 		EOG
EOG Resources
3.69% of portfolio
 		BKNG
Booking Holdings Inc.
3.64% of portfolio
 		REGN
Regeneron Pharmaceuticals
3.39% of portfolio
 		HCA
HCA Healthcare Inc.
3.34% of portfolio
 		GE
GE Aerospace
3.06% of portfolio
 		ALSN
Allison Transmission Holdings
3.02% of portfolio
2021   Q3$4.98 B GOOGL
Alphabet Inc.
10.46% of portfolio
 		CBRE
CBRE Group
8.88% of portfolio
 		ALLY
Ally Financial Inc.
6.15% of portfolio
 		NFLX
Netflix Inc.
5.75% of portfolio
 		CHTR
Charter Communications
5.68% of portfolio
 		C
Citigroup Inc.
5.55% of portfolio
 		META
Meta Platforms Inc.
5.33% of portfolio
 		BAC
Bank of America Corp.
5.04% of portfolio
 		COF
Capital One Financial
4.91% of portfolio
 		AIG
American International Group
4.64% of portfolio
 		EOG
EOG Resources
3.95% of portfolio
 		BKNG
Booking Holdings Inc.
3.91% of portfolio
 		STZ
Constellation Brands
3.85% of portfolio
 		HUM
Humana Inc.
3.65% of portfolio
 		GE
GE Aerospace
3.62% of portfolio
 		LEA
Lear Corp.
3.61% of portfolio
 		REGN
Regeneron Pharmaceuticals
3.52% of portfolio
 		HCA
HCA Healthcare Inc.
3.42% of portfolio
 		HLT
Hilton Worldwide Holdings
2.96% of portfolio
 		APA
APA Corp.
2.58% of portfolio
2021   Q2$5.07 B GOOGL
Alphabet Inc.
11.28% of portfolio
 		CBRE
CBRE Group
8.05% of portfolio
 		ALLY
Ally Financial Inc.
6.04% of portfolio
 		CHTR
Charter Communications
5.53% of portfolio
 		C
Citigroup Inc.
5.39% of portfolio
 		BAC
Bank of America Corp.
5.37% of portfolio
 		META
Meta Platforms Inc.
5.37% of portfolio
 		COF
Capital One Financial
4.96% of portfolio
 		NFLX
Netflix Inc.
4.89% of portfolio
 		GE
GE Aerospace
4.25% of portfolio
 		STZ
Constellation Brands
4.20% of portfolio
 		AIG
American International Group
4.15% of portfolio
 		LEA
Lear Corp.
3.98% of portfolio
 		BKNG
Booking Holdings Inc.
3.54% of portfolio
 		REGN
Regeneron Pharmaceuticals
3.42% of portfolio
 		EOG
EOG Resources
3.38% of portfolio
 		HCA
HCA Healthcare Inc.
3.12% of portfolio
 		HUM
Humana Inc.
2.77% of portfolio
 		ALSN
Allison Transmission Holdings
2.67% of portfolio
 		HLT
Hilton Worldwide Holdings
2.66% of portfolio
2021   Q1$4.67 B GOOGL
Alphabet Inc.
10.35% of portfolio
 		CBRE
CBRE Group
9.76% of portfolio
 		ALLY
Ally Financial Inc.
6.24% of portfolio
 		C
Citigroup Inc.
6.02% of portfolio
 		BAC
Bank of America Corp.
5.48% of portfolio
 		CHTR
Charter Communications
5.14% of portfolio
 		COF
Capital One Financial
5.11% of portfolio
 		META
Meta Platforms Inc.
4.94% of portfolio
 		AIG
American International Group
4.58% of portfolio
 		GE
GE Aerospace
4.50% of portfolio
 		LEA
Lear Corp.
4.47% of portfolio
 		STZ
Constellation Brands
4.45% of portfolio
 		BKNG
Booking Holdings Inc.
4.09% of portfolio
 		NFLX
Netflix Inc.
3.91% of portfolio
 		MGM
MGM Resorts International
3.82% of portfolio
 		EOG
EOG Resources
3.19% of portfolio
 		HCA
HCA Healthcare Inc.
3.09% of portfolio
 		HLT
Hilton Worldwide Holdings
2.89% of portfolio
 		HUM
Humana Inc.
2.85% of portfolio
 		APA
APA Corp.
2.30% of portfolio
2020   Q4$3.97 B CBRE
CBRE Group
10.68% of portfolio
 		GOOGL
Alphabet Inc.
10.53% of portfolio
 		ALLY
Ally Financial Inc.
6.50% of portfolio
 		CHTR
Charter Communications
6.49% of portfolio
 		C
Citigroup Inc.
6.00% of portfolio
 		META
Meta Platforms Inc.
5.23% of portfolio
 		BAC
Bank of America Corp.
5.05% of portfolio
 		STZ
Constellation Brands
5.02% of portfolio
 		COF
Capital One Financial
4.92% of portfolio
 		NFLX
Netflix Inc.
4.77% of portfolio
 		LEA
Lear Corp.
4.61% of portfolio
 		BKNG
Booking Holdings Inc.
4.60% of portfolio
 		AIG
American International Group
4.41% of portfolio
 		GE
GE Aerospace
4.36% of portfolio
 		TEL
TE Connectivity plc
3.98% of portfolio
 		MGM
MGM Resorts International
3.72% of portfolio
 		HCA
HCA Healthcare Inc.
3.17% of portfolio
 		HLT
Hilton Worldwide Holdings
3.13% of portfolio
 		EOG
EOG Resources
2.58% of portfolio
 		REGN
Regeneron Pharmaceuticals
0.24% of portfolio
2020   Q3$3.32 B GOOGL
Alphabet Inc.
10.52% of portfolio
 		CBRE
CBRE Group
9.56% of portfolio
 		CHTR
Charter Communications
7.32% of portfolio
 		ALLY
Ally Financial Inc.
6.48% of portfolio
 		TEL
TE Connectivity plc
6.05% of portfolio
 		META
Meta Platforms Inc.
6.00% of portfolio
 		NFLX
Netflix Inc.
5.27% of portfolio
 		STZ
Constellation Brands
5.20% of portfolio
 		C
Citigroup Inc.
5.02% of portfolio
 		BAC
Bank of America Corp.
4.80% of portfolio
 		COF
Capital One Financial
4.28% of portfolio
 		BKNG
Booking Holdings Inc.
4.23% of portfolio
 		AIG
American International Group
3.83% of portfolio
 		LEA
Lear Corp.
3.78% of portfolio
 		MGM
MGM Resorts International
3.07% of portfolio
 		GE
GE Aerospace
3.01% of portfolio
 		HLT
Hilton Worldwide Holdings
2.87% of portfolio
 		HCA
HCA Healthcare Inc.
2.87% of portfolio
 		EOG
EOG Resources
2.23% of portfolio
 		REGN
Regeneron Pharmaceuticals
2.10% of portfolio
2020   Q2$3.49 B GOOGL
Alphabet Inc.
10.69% of portfolio
 		CBRE
CBRE Group
8.75% of portfolio
 		NFLX
Netflix Inc.
6.25% of portfolio
 		C
Citigroup Inc.
6.02% of portfolio
 		CHTR
Charter Communications
5.83% of portfolio
 		META
Meta Platforms Inc.
5.59% of portfolio
 		ALLY
Ally Financial Inc.
5.56% of portfolio
 		REGN
Regeneron Pharmaceuticals
5.44% of portfolio
 		STZ
Constellation Brands
4.96% of portfolio
 		TEL
TE Connectivity plc
4.91% of portfolio
 		BAC
Bank of America Corp.
4.49% of portfolio
 		AIG
American International Group
4.48% of portfolio
 		BKNG
Booking Holdings Inc.
4.33% of portfolio
 		EOG
EOG Resources
3.86% of portfolio
 		COF
Capital One Financial
3.65% of portfolio
 		LEA
Lear Corp.
3.59% of portfolio
 		GE
GE Aerospace
3.10% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
2.57% of portfolio
 		HLT
Hilton Worldwide Holdings
2.45% of portfolio
 		MGM
MGM Resorts International
2.26% of portfolio
2020   Q1$3.03 B GOOGL
Alphabet Inc.
11.08% of portfolio
 		CBRE
CBRE Group
8.51% of portfolio
 		NFLX
Netflix Inc.
7.14% of portfolio
 		CHTR
Charter Communications
6.89% of portfolio
 		C
Citigroup Inc.
6.13% of portfolio
 		REGN
Regeneron Pharmaceuticals
6.11% of portfolio
 		BAC
Bank of America Corp.
5.25% of portfolio
 		ALLY
Ally Financial Inc.
4.89% of portfolio
 		META
Meta Platforms Inc.
4.73% of portfolio
 		TEL
TE Connectivity plc
4.54% of portfolio
 		STZ
Constellation Brands
4.45% of portfolio
 		GE
GE Aerospace
4.25% of portfolio
 		BKNG
Booking Holdings Inc.
4.22% of portfolio
 		COF
Capital One Financial
3.72% of portfolio
 		AIG
American International Group
3.53% of portfolio
 		LEA
Lear Corp.
3.22% of portfolio
 		HLT
Hilton Worldwide Holdings
2.63% of portfolio
 		EOG
EOG Resources
2.04% of portfolio
 		MGM
MGM Resorts International
2.00% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
2.00% of portfolio
2019   Q4$4.62 B CBRE
CBRE Group
9.44% of portfolio
 		C
Citigroup Inc.
7.63% of portfolio
 		GOOGL
Alphabet Inc.
7.45% of portfolio
 		ALLY
Ally Financial Inc.
6.80% of portfolio
 		BAC
Bank of America Corp.
5.72% of portfolio
 		CHTR
Charter Communications
5.19% of portfolio
 		REGN
Regeneron Pharmaceuticals
5.04% of portfolio
 		COF
Capital One Financial
4.98% of portfolio
 		STLA
Stellantis N.V.
4.91% of portfolio
 		TEL
TE Connectivity plc
4.54% of portfolio
 		GE
GE Aerospace
4.50% of portfolio
 		AIG
American International Group
4.32% of portfolio
 		NFLX
Netflix Inc.
4.03% of portfolio
 		MGM
MGM Resorts International
3.71% of portfolio
 		LEA
Lear Corp.
3.56% of portfolio
 		APA
APA Corp.
3.38% of portfolio
 		AAL
American Airlines Group Inc.
3.25% of portfolio
 		CXO
Concho Resources Inc.
3.24% of portfolio
 		GOOG
Alphabet Inc. CL C
2.95% of portfolio
 		HLT
Hilton Worldwide Holdings
2.80% of portfolio
2019   Q3$4.25 B GOOG
Alphabet Inc. CL C
11.20% of portfolio
 		CBRE
CBRE Group
9.28% of portfolio
 		ALLY
Ally Financial Inc.
8.21% of portfolio
 		C
Citigroup Inc.
7.65% of portfolio
 		BAC
Bank of America Corp.
5.28% of portfolio
 		AIG
American International Group
5.23% of portfolio
 		STLA
Stellantis N.V.
4.97% of portfolio
 		CHTR
Charter Communications
4.93% of portfolio
 		TEL
TE Connectivity plc
4.92% of portfolio
 		COF
Capital One Financial
4.89% of portfolio
 		GE
GE Aerospace
4.13% of portfolio
 		REGN
Regeneron Pharmaceuticals
4.04% of portfolio
 		NFLX
Netflix Inc.
3.63% of portfolio
 		MGM
MGM Resorts International
3.35% of portfolio
 		LEA
Lear Corp.
3.33% of portfolio
 		AAL
American Airlines Group Inc.
3.32% of portfolio
 		APA
APA Corp.
3.19% of portfolio
 		CXO
Concho Resources Inc.
2.73% of portfolio
 		HLT
Hilton Worldwide Holdings
2.55% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
2.11% of portfolio
2019   Q2$4.58 B GOOG
Alphabet Inc. CL C
9.57% of portfolio
 		CBRE
CBRE Group
8.67% of portfolio
 		C
Citigroup Inc.
7.35% of portfolio
 		ALLY
Ally Financial Inc.
7.26% of portfolio
 		TEL
TE Connectivity plc
5.48% of portfolio
 		STLA
Stellantis N.V.
5.02% of portfolio
 		BAC
Bank of America Corp.
4.87% of portfolio
 		CHTR
Charter Communications
4.86% of portfolio
 		AIG
American International Group
4.64% of portfolio
 		NFLX
Netflix Inc.
4.62% of portfolio
 		GE
GE Aerospace
4.61% of portfolio
 		COF
Capital One Financial
4.52% of portfolio
 		REGN
Regeneron Pharmaceuticals
4.23% of portfolio
 		AAL
American Airlines Group Inc.
3.73% of portfolio
 		CXO
Concho Resources Inc.
3.38% of portfolio
 		APA
APA Corp.
3.25% of portfolio
 		MGM
MGM Resorts International
3.21% of portfolio
 		MA
Mastercard Inc.
3.15% of portfolio
 		LEA
Lear Corp.
2.73% of portfolio
 		HLT
Hilton Worldwide Holdings
2.49% of portfolio
2019   Q1$4.53 B GOOG
Alphabet Inc. CL C
10.72% of portfolio
 		CBRE
CBRE Group
9.12% of portfolio
 		ALLY
Ally Financial Inc.
6.76% of portfolio
 		C
Citigroup Inc.
6.62% of portfolio
 		TEL
TE Connectivity plc
6.37% of portfolio
 		STLA
Stellantis N.V.
5.72% of portfolio
 		BAC
Bank of America Corp.
4.88% of portfolio
 		GE
GE Aerospace
4.68% of portfolio
 		NFLX
Netflix Inc.
4.54% of portfolio
 		CHTR
Charter Communications
4.32% of portfolio
 		COF
Capital One Financial
4.12% of portfolio
 		APA
APA Corp.
3.94% of portfolio
 		REGN
Regeneron Pharmaceuticals
3.90% of portfolio
 		AIG
American International Group
3.80% of portfolio
 		AAL
American Airlines Group Inc.
3.68% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.07% of portfolio
 		MA
Mastercard Inc.
2.93% of portfolio
 		MGM
MGM Resorts International
2.92% of portfolio
 		LEA
Lear Corp.
2.40% of portfolio
 		APC
Anadarko Petroleum
2.32% of portfolio
2018   Q4$4.15 B GOOG
Alphabet Inc. CL C
11.08% of portfolio
 		CBRE
CBRE Group
8.93% of portfolio
 		TEL
TE Connectivity plc
6.83% of portfolio
 		C
Citigroup Inc.
6.42% of portfolio
 		ALLY
Ally Financial Inc.
6.29% of portfolio
 		STLA
Stellantis N.V.
6.08% of portfolio
 		BAC
Bank of America Corp.
4.76% of portfolio
 		GE
GE Aerospace
4.33% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.30% of portfolio
 		REGN
Regeneron Pharmaceuticals
4.28% of portfolio
 		COF
Capital One Financial
4.17% of portfolio
 		AAL
American Airlines Group Inc.
4.14% of portfolio
 		CHTR
Charter Communications
3.88% of portfolio
 		AIG
American International Group
3.80% of portfolio
 		NFLX
Netflix Inc.
3.72% of portfolio
 		APA
APA Corp.
3.26% of portfolio
 		MGM
MGM Resorts International
3.01% of portfolio
 		MA
Mastercard Inc.
3.00% of portfolio
 		APC
Anadarko Petroleum
2.44% of portfolio
 		LEA
Lear Corp.
2.37% of portfolio
2018   Q3$5.77 B GOOG
Alphabet Inc. CL C
9.17% of portfolio
 		CBRE
CBRE Group
7.06% of portfolio
 		TEL
TE Connectivity plc
6.46% of portfolio
 		C
Citigroup Inc.
6.35% of portfolio
 		MA
Mastercard Inc.
5.55% of portfolio
 		STLA
Stellantis N.V.
5.29% of portfolio
 		ALLY
Ally Financial Inc.
5.27% of portfolio
 		APA
APA Corp.
4.72% of portfolio
 		AIG
American International Group
4.61% of portfolio
 		REGN
Regeneron Pharmaceuticals
4.20% of portfolio
 		BAC
Bank of America Corp.
4.08% of portfolio
 		CHTR
Charter Communications
4.06% of portfolio
 		COF
Capital One Financial
3.76% of portfolio
 		ADNT
Adient plc
3.68% of portfolio
 		MGM
MGM Resorts International
3.67% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.58% of portfolio
 		GE
GE Aerospace
3.58% of portfolio
 		AAL
American Airlines Group Inc.
3.51% of portfolio
 		EXE
Expand Energy Corp.
3.49% of portfolio
 		ORCL
Oracle Corp.
3.23% of portfolio
2018   Q2$5.77 B GOOG
Alphabet Inc. CL C
8.57% of portfolio
 		CBRE
CBRE Group
7.65% of portfolio
 		TEL
TE Connectivity plc
6.62% of portfolio
 		C
Citigroup Inc.
5.93% of portfolio
 		STLA
Stellantis N.V.
5.71% of portfolio
 		ALLY
Ally Financial Inc.
5.23% of portfolio
 		APA
APA Corp.
4.92% of portfolio
 		MA
Mastercard Inc.
4.90% of portfolio
 		AIG
American International Group
4.77% of portfolio
 		GE
GE Aerospace
4.31% of portfolio
 		EXE
Expand Energy Corp.
4.07% of portfolio
 		ORCL
Oracle Corp.
3.94% of portfolio
 		BAC
Bank of America Corp.
3.91% of portfolio
 		MGM
MGM Resorts International
3.81% of portfolio
 		CHTR
Charter Communications
3.66% of portfolio
 		COF
Capital One Financial
3.64% of portfolio
 		REGN
Regeneron Pharmaceuticals
3.59% of portfolio
 		ADNT
Adient plc
3.51% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.42% of portfolio
 		WFRD
Weatherford International plc
3.27% of portfolio
2018   Q1$5.75 B CBRE
CBRE Group
8.57% of portfolio
 		GOOG
Alphabet Inc. CL C
7.96% of portfolio
 		TEL
TE Connectivity plc
7.71% of portfolio
 		STLA
Stellantis N.V.
7.00% of portfolio
 		C
Citigroup Inc.
6.00% of portfolio
 		ALLY
Ally Financial Inc.
5.43% of portfolio
 		AIG
American International Group
5.39% of portfolio
 		MA
Mastercard Inc.
5.35% of portfolio
 		MGM
MGM Resorts International
4.87% of portfolio
 		CHTR
Charter Communications
4.44% of portfolio
 		ADNT
Adient plc
4.36% of portfolio
 		AAL
American Airlines Group Inc.
4.33% of portfolio
 		BAC
Bank of America Corp.
4.17% of portfolio
 		ORCL
Oracle Corp.
4.11% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.07% of portfolio
 		APA
APA Corp.
4.06% of portfolio
 		COF
Capital One Financial
3.81% of portfolio
 		GE
GE Aerospace
2.41% of portfolio
 		EXE
Expand Energy Corp.
2.35% of portfolio
 		WFRD
Weatherford International plc
2.28% of portfolio
2017   Q4$6.15 B GOOG
Alphabet Inc. CL C
9.31% of portfolio
 		CBRE
CBRE Group
7.50% of portfolio
 		STLA
Stellantis N.V.
7.18% of portfolio
 		TEL
TE Connectivity plc
6.99% of portfolio
 		C
Citigroup Inc.
6.19% of portfolio
 		ALLY
Ally Financial Inc.
5.46% of portfolio
 		AIG
American International Group
4.84% of portfolio
 		MA
Mastercard Inc.
4.58% of portfolio
 		BAC
Bank of America Corp.
4.37% of portfolio
 		MGM
MGM Resorts International
4.35% of portfolio
 		WFRD
Weatherford International plc
4.31% of portfolio
 		ORCL
Oracle Corp.
4.28% of portfolio
 		APA
APA Corp.
4.17% of portfolio
 		GE
GE Aerospace
4.05% of portfolio
 		CHTR
Charter Communications
3.83% of portfolio
 		COF
Capital One Financial
3.70% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.69% of portfolio
 		HOG
Harley-Davidson
3.56% of portfolio
 		EXE
Expand Energy Corp.
2.57% of portfolio
 		FNF
Fidelity National Financial Inc.
2.56% of portfolio
2017   Q3$5.95 B GOOG
Alphabet Inc. CL C
8.97% of portfolio
 		STLA
Stellantis N.V.
7.86% of portfolio
 		CBRE
CBRE Group
6.90% of portfolio
 		C
Citigroup Inc.
6.49% of portfolio
 		TEL
TE Connectivity plc
6.45% of portfolio
 		GE
GE Aerospace
5.79% of portfolio
 		FNF
Fidelity National Financial Inc.
5.14% of portfolio
 		ALLY
Ally Financial Inc.
4.69% of portfolio
 		MA
Mastercard Inc.
4.65% of portfolio
 		ORCL
Oracle Corp.
4.52% of portfolio
 		MGM
MGM Resorts International
4.38% of portfolio
 		APA
APA Corp.
4.29% of portfolio
 		BAC
Bank of America Corp.
4.21% of portfolio
 		AIG
American International Group
4.12% of portfolio
 		JPM
JPMorgan Chase & Co.
4.12% of portfolio
 		WFRD
Weatherford International plc
3.86% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.68% of portfolio
 		COF
Capital One Financial
3.53% of portfolio
 		HOG
Harley-Davidson
3.48% of portfolio
 		EXE
Expand Energy Corp.
2.88% of portfolio
2017   Q2$5.56 B GOOG
Alphabet Inc. CL C
9.09% of portfolio
 		CBRE
CBRE Group
7.62% of portfolio
 		TEL
TE Connectivity plc
6.54% of portfolio
 		C
Citigroup Inc.
6.39% of portfolio
 		GE
GE Aerospace
5.71% of portfolio
 		FNF
Fidelity National Financial Inc.
5.20% of portfolio
 		APA
APA Corp.
5.15% of portfolio
 		ORCL
Oracle Corp.
5.02% of portfolio
 		STLA
Stellantis N.V.
4.99% of portfolio
 		MA
Mastercard Inc.
4.93% of portfolio
 		MGM
MGM Resorts International
4.50% of portfolio
 		AIG
American International Group
4.49% of portfolio
 		BAC
Bank of America Corp.
4.32% of portfolio
 		COF
Capital One Financial
4.24% of portfolio
 		JPM
JPMorgan Chase & Co.
4.22% of portfolio
 		HOG
Harley-Davidson
4.18% of portfolio
 		WFRD
Weatherford International plc
3.79% of portfolio
 		ALLY
Ally Financial Inc.
3.76% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.73% of portfolio
 		EXE
Expand Energy Corp.
2.13% of portfolio
2017   Q1$5.42 B GOOG
Alphabet Inc. CL C
8.52% of portfolio
 		CBRE
CBRE Group
7.48% of portfolio
 		TEL
TE Connectivity plc
6.36% of portfolio
 		GE
GE Aerospace
5.89% of portfolio
 		C
Citigroup Inc.
5.86% of portfolio
 		STLA
Stellantis N.V.
5.27% of portfolio
 		MGM
MGM Resorts International
5.11% of portfolio
 		APA
APA Corp.
4.95% of portfolio
 		MA
Mastercard Inc.
4.89% of portfolio
 		HOG
Harley-Davidson
4.80% of portfolio
 		FNF
Fidelity National Financial Inc.
4.63% of portfolio
 		AIG
American International Group
4.60% of portfolio
 		ORCL
Oracle Corp.
4.58% of portfolio
 		EXE
Expand Energy Corp.
4.37% of portfolio
 		ALLY
Ally Financial Inc.
4.31% of portfolio
 		BAC
Bank of America Corp.
4.31% of portfolio
 		JPM
JPMorgan Chase & Co.
4.16% of portfolio
 		COF
Capital One Financial
3.97% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.12% of portfolio
 		INTC
Intel Corp.
2.82% of portfolio
2016   Q4$5.17 B GOOG
Alphabet Inc. CL C
8.31% of portfolio
 		CBRE
CBRE Group
7.10% of portfolio
 		GE
GE Aerospace
6.55% of portfolio
 		TEL
TE Connectivity plc
6.20% of portfolio
 		C
Citigroup Inc.
6.11% of portfolio
 		BAC
Bank of America Corp.
5.69% of portfolio
 		APA
APA Corp.
5.43% of portfolio
 		AIG
American International Group
5.05% of portfolio
 		HOG
Harley-Davidson
4.85% of portfolio
 		JPM
JPMorgan Chase & Co.
4.79% of portfolio
 		MA
Mastercard Inc.
4.71% of portfolio
 		STLA
Stellantis N.V.
4.61% of portfolio
 		EXE
Expand Energy Corp.
4.46% of portfolio
 		FNF
Fidelity National Financial Inc.
4.24% of portfolio
 		COF
Capital One Financial
4.20% of portfolio
 		ORCL
Oracle Corp.
4.14% of portfolio
 		ALLY
Ally Financial Inc.
3.68% of portfolio
 		MGM
MGM Resorts International
3.63% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.27% of portfolio
 		INTC
Intel Corp.
2.97% of portfolio
2016   Q3$4.77 B GOOG
Alphabet Inc. CL C
8.66% of portfolio
 		CBRE
CBRE Group
6.83% of portfolio
 		GE
GE Aerospace
6.66% of portfolio
 		AIG
American International Group
6.59% of portfolio
 		TEL
TE Connectivity plc
6.37% of portfolio
 		APA
APA Corp.
6.03% of portfolio
 		BAC
Bank of America Corp.
5.61% of portfolio
 		MA
Mastercard Inc.
5.46% of portfolio
 		C
Citigroup Inc.
5.36% of portfolio
 		JPM
JPMorgan Chase & Co.
5.35% of portfolio
 		FNF
Fidelity National Financial Inc.
4.99% of portfolio
 		HOG
Harley-Davidson
4.74% of portfolio
 		ORCL
Oracle Corp.
4.58% of portfolio
 		COF
Capital One Financial
4.50% of portfolio
 		EXE
Expand Energy Corp.
4.32% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.55% of portfolio
 		MGM
MGM Resorts International
3.55% of portfolio
 		STLA
Stellantis N.V.
3.51% of portfolio
 		INTC
Intel Corp.
3.35% of portfolio
2016   Q2$4.34 B GOOG
Alphabet Inc. CL C
8.48% of portfolio
 		GE
GE Aerospace
7.78% of portfolio
 		AIG
American International Group
6.45% of portfolio
 		FNF
Fidelity National Financial Inc.
6.44% of portfolio
 		TEL
TE Connectivity plc
6.22% of portfolio
 		C
Citigroup Inc.
6.12% of portfolio
 		LNKD
LinkedIn Corp.
6.00% of portfolio
 		JPM
JPMorgan Chase & Co.
5.92% of portfolio
 		CBRE
CBRE Group
5.90% of portfolio
 		APA
APA Corp.
5.77% of portfolio
 		BAC
Bank of America Corp.
5.74% of portfolio
 		MA
Mastercard Inc.
5.40% of portfolio
 		ORCL
Oracle Corp.
5.25% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.95% of portfolio
 		HOG
Harley-Davidson
4.49% of portfolio
 		INTC
Intel Corp.
4.34% of portfolio
 		COF
Capital One Financial
4.10% of portfolio
 		STLA
Stellantis N.V.
0.38% of portfolio
 		EXE
Expand Energy Corp.
0.30% of portfolio
2016   Q1$4.86 B GE
GE Aerospace
9.32% of portfolio
 		GOOG
Alphabet Inc. CL C
9.26% of portfolio
 		TEL
TE Connectivity plc
6.72% of portfolio
 		AIG
American International Group
6.65% of portfolio
 		JPM
JPMorgan Chase & Co.
6.10% of portfolio
 		MA
Mastercard Inc.
5.93% of portfolio
 		CBRE
CBRE Group
5.82% of portfolio
 		BAC
Bank of America Corp.
5.70% of portfolio
 		C
Citigroup Inc.
5.65% of portfolio
 		FNF
Fidelity National Financial Inc.
5.46% of portfolio
 		ORCL
Oracle Corp.
5.37% of portfolio
 		APA
APA Corp.
5.28% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.79% of portfolio
 		COF
Capital One Financial
4.30% of portfolio
 		INTC
Intel Corp.
4.29% of portfolio
 		CPN
Calpine Corp.
4.06% of portfolio
 		MON-OLD
Monsanto Co.
3.56% of portfolio
 		STLA
Stellantis N.V.
1.22% of portfolio
 		EXE
Expand Energy Corp.
0.54% of portfolio
2015   Q4$5.43 B GOOG
Alphabet Inc. CL C
8.61% of portfolio
 		GE
GE Aerospace
8.32% of portfolio
 		AIG
American International Group
7.02% of portfolio
 		BAC
Bank of America Corp.
6.51% of portfolio
 		TEL
TE Connectivity plc
6.42% of portfolio
 		JPM
JPMorgan Chase & Co.
6.36% of portfolio
 		C
Citigroup Inc.
6.27% of portfolio
 		CBRE
CBRE Group
5.71% of portfolio
 		MA
Mastercard Inc.
5.52% of portfolio
 		FNF
Fidelity National Financial Inc.
5.00% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.64% of portfolio
 		ORCL
Oracle Corp.
4.40% of portfolio
 		APA
APA Corp.
4.35% of portfolio
 		INTC
Intel Corp.
4.09% of portfolio
 		COF
Capital One Financial
4.06% of portfolio
 		MON-OLD
Monsanto Co.
3.63% of portfolio
 		CPN
Calpine Corp.
3.47% of portfolio
 		STLA
Stellantis N.V.
3.21% of portfolio
 		EXE
Expand Energy Corp.
2.41% of portfolio
2015   Q3$5.09 B GOOG
Alphabet Inc. CL C
8.19% of portfolio
 		GE
GE Aerospace
7.18% of portfolio
 		AIG
American International Group
6.86% of portfolio
 		BAC
Bank of America Corp.
6.42% of portfolio
 		C
Citigroup Inc.
6.41% of portfolio
 		TEL
TE Connectivity plc
6.35% of portfolio
 		JPM
JPMorgan Chase & Co.
6.26% of portfolio
 		CBRE
CBRE Group
5.63% of portfolio
 		FNF
Fidelity National Financial Inc.
5.45% of portfolio
 		MA
Mastercard Inc.
5.44% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.75% of portfolio
 		ORCL
Oracle Corp.
4.64% of portfolio
 		COF
Capital One Financial
4.34% of portfolio
 		AMZN
Amazon.com Inc.
4.09% of portfolio
 		INTC
Intel Corp.
3.82% of portfolio
 		EXE
Expand Energy Corp.
3.70% of portfolio
 		MON-OLD
Monsanto Co.
3.35% of portfolio
 		STLA
Stellantis N.V.
3.08% of portfolio
 		CPN
Calpine Corp.
2.87% of portfolio
 		APA
APA Corp.
1.15% of portfolio
2015   Q2$6.03 B AIG
American International Group
6.30% of portfolio
 		C
Citigroup Inc.
6.03% of portfolio
 		BAC
Bank of America Corp.
5.92% of portfolio
 		JPM
JPMorgan Chase & Co.
5.88% of portfolio
 		GOOGL
Alphabet Inc.
5.85% of portfolio
 		MA
Mastercard Inc.
5.77% of portfolio
 		TEL
TE Connectivity plc
5.75% of portfolio
 		CBRE
CBRE Group
5.50% of portfolio
 		FNF
Fidelity National Financial Inc.
4.85% of portfolio
 		EXE
Expand Energy Corp.
4.76% of portfolio
 		AMZN
Amazon.com Inc.
4.69% of portfolio
 		GE
GE Aerospace
4.63% of portfolio
 		COF
Capital One Financial
4.45% of portfolio
 		ORCL
Oracle Corp.
4.37% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.24% of portfolio
 		BEN
Franklin Resources
3.99% of portfolio
 		MON-OLD
Monsanto Co.
3.98% of portfolio
 		APA
APA Corp.
3.93% of portfolio
 		INTC
Intel Corp.
3.25% of portfolio
 		CPN
Calpine Corp.
2.99% of portfolio
2015   Q1$6.19 B MA
Mastercard Inc.
7.98% of portfolio
 		TEL
TE Connectivity plc
6.24% of portfolio
 		GOOGL
Alphabet Inc.
5.85% of portfolio
 		AIG
American International Group
5.79% of portfolio
 		APA
APA Corp.
5.71% of portfolio
 		CBRE
CBRE Group
5.60% of portfolio
 		AMZN
Amazon.com Inc.
5.51% of portfolio
 		C
Citigroup Inc.
5.47% of portfolio
 		BAC
Bank of America Corp.
5.21% of portfolio
 		JPM
JPMorgan Chase & Co.
5.12% of portfolio
 		ORCL
Oracle Corp.
5.04% of portfolio
 		FNF
Fidelity National Financial Inc.
4.69% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.34% of portfolio
 		EXE
Expand Energy Corp.
4.23% of portfolio
 		GE
GE Aerospace
4.21% of portfolio
 		BEN
Franklin Resources
4.15% of portfolio
 		MDT
Medtronic plc
4.03% of portfolio
 		COF
Capital One Financial
3.88% of portfolio
 		CPN
Calpine Corp.
3.69% of portfolio
 		INTC
Intel Corp.
3.26% of portfolio
2014   Q4$6.37 B MA
Mastercard Inc.
7.74% of portfolio
 		APA
APA Corp.
7.74% of portfolio
 		ORCL
Oracle Corp.
6.95% of portfolio
 		AIG
American International Group
5.85% of portfolio
 		BAC
Bank of America Corp.
5.53% of portfolio
 		TEL
TE Connectivity plc
5.36% of portfolio
 		AMZN
Amazon.com Inc.
5.20% of portfolio
 		C
Citigroup Inc.
5.17% of portfolio
 		JPM
JPMorgan Chase & Co.
5.14% of portfolio
 		GOOGL
Alphabet Inc.
5.13% of portfolio
 		CBRE
CBRE Group
4.82% of portfolio
 		BEN
Franklin Resources
4.36% of portfolio
 		FNF
Fidelity National Financial Inc.
4.28% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.26% of portfolio
 		COF
Capital One Financial
3.96% of portfolio
 		MDT
Medtronic plc
3.86% of portfolio
 		FDX
FedEx Corp.
3.82% of portfolio
 		EXE
Expand Energy Corp.
3.69% of portfolio
 		INTC
Intel Corp.
3.68% of portfolio
 		CPN
Calpine Corp.
3.48% of portfolio
2014   Q3$5.78 B MA
Mastercard Inc.
7.13% of portfolio
 		APA
APA Corp.
7.00% of portfolio
 		ORCL
Oracle Corp.
6.70% of portfolio
 		AIG
American International Group
6.29% of portfolio
 		BAC
Bank of America Corp.
5.81% of portfolio
 		JPM
JPMorgan Chase & Co.
5.45% of portfolio
 		GOOGL
Alphabet Inc.
5.45% of portfolio
 		AMZN
Amazon.com Inc.
5.41% of portfolio
 		C
Citigroup Inc.
5.41% of portfolio
 		TEL
TE Connectivity plc
5.04% of portfolio
 		TRW
TRW Automotive Holdings Corp.
4.52% of portfolio
 		CBRE
CBRE Group
4.51% of portfolio
 		COF
Capital One Financial
4.31% of portfolio
 		FDX
FedEx Corp.
4.05% of portfolio
 		INTC
Intel Corp.
3.89% of portfolio
 		BEN
Franklin Resources
3.88% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
3.85% of portfolio
 		FNF
Fidelity National Financial Inc.
3.79% of portfolio
 		CPN
Calpine Corp.
3.76% of portfolio
 		MDT
Medtronic plc
3.75% of portfolio
2014   Q2$5.23 B TRW
TRW Automotive Holdings Corp.
7.96% of portfolio
 		TEL
TE Connectivity plc
6.14% of portfolio
 		APA
APA Corp.
6.02% of portfolio
 		MA
Mastercard Inc.
5.83% of portfolio
 		BAC
Bank of America Corp.
5.39% of portfolio
 		AIG
American International Group
5.33% of portfolio
 		JPM
JPMorgan Chase & Co.
5.18% of portfolio
 		ORCL
Oracle Corp.
4.96% of portfolio
 		FNF
Fidelity National Financial Inc.
4.93% of portfolio
 		COF
Capital One Financial
4.82% of portfolio
 		CBRE
CBRE Group
4.63% of portfolio
 		CPN
Calpine Corp.
4.56% of portfolio
 		C
Citigroup Inc.
4.49% of portfolio
 		GOOGL
Alphabet Inc.
4.45% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.38% of portfolio
 		BEN
Franklin Resources
4.37% of portfolio
 		AMZN
Amazon.com Inc.
4.29% of portfolio
 		MDT
Medtronic plc
4.27% of portfolio
 		FDX
FedEx Corp.
4.20% of portfolio
 		INTC
Intel Corp.
3.81% of portfolio
2014   Q1$4.44 B TRW
TRW Automotive Holdings Corp.
8.55% of portfolio
 		TEL
TE Connectivity plc
7.04% of portfolio
 		BAC
Bank of America Corp.
6.62% of portfolio
 		COF
Capital One Financial
6.00% of portfolio
 		APA
APA Corp.
5.85% of portfolio
 		MDT
Medtronic plc
5.68% of portfolio
 		DTV
DIRECTV Group Inc.
5.42% of portfolio
 		AIG
American International Group
5.30% of portfolio
 		MA
Mastercard Inc.
5.30% of portfolio
 		JPM
JPMorgan Chase & Co.
5.20% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.07% of portfolio
 		ORCL
Oracle Corp.
4.79% of portfolio
 		CPN
Calpine Corp.
4.71% of portfolio
 		BEN
Franklin Resources
4.51% of portfolio
 		CBRE
CBRE Group
4.45% of portfolio
 		FDX
FedEx Corp.
4.33% of portfolio
 		INTC
Intel Corp.
3.75% of portfolio
 		CMCSA
Comcast Corp.
2.91% of portfolio
 		KMT
Kennametal Inc.
2.90% of portfolio
 		CVE
Cenovus Energy Inc.
1.63% of portfolio
2013   Q4$4.19 B TRW
TRW Automotive Holdings Corp.
7.99% of portfolio
 		TEL
TE Connectivity plc
6.84% of portfolio
 		BAC
Bank of America Corp.
6.36% of portfolio
 		COF
Capital One Financial
6.31% of portfolio
 		MA
Mastercard Inc.
6.28% of portfolio
 		FRX-OLD
Forest Laboratories
6.02% of portfolio
 		MDT
Medtronic plc
5.62% of portfolio
 		AIG
American International Group
5.61% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.47% of portfolio
 		JPM
JPMorgan Chase & Co.
5.31% of portfolio
 		DTV
DIRECTV Group Inc.
5.19% of portfolio
 		FDX
FedEx Corp.
4.98% of portfolio
 		ORCL
Oracle Corp.
4.75% of portfolio
 		CPN
Calpine Corp.
4.66% of portfolio
 		INTC
Intel Corp.
4.00% of portfolio
 		APA
APA Corp.
3.92% of portfolio
 		CMCSA
Comcast Corp.
3.87% of portfolio
 		KMT
Kennametal Inc.
3.61% of portfolio
 		CVE
Cenovus Energy Inc.
2.17% of portfolio
 		NFX
Newfield Exploration
0.83% of portfolio
2013   Q3$3.77 B TRW
TRW Automotive Holdings Corp.
8.51% of portfolio
 		TEL
TE Connectivity plc
7.13% of portfolio
 		COF
Capital One Financial
6.29% of portfolio
 		BAC
Bank of America Corp.
6.26% of portfolio
 		AIG
American International Group
5.94% of portfolio
 		MDT
Medtronic plc
5.79% of portfolio
 		MA
Mastercard Inc.
5.62% of portfolio
 		JPM
JPMorgan Chase & Co.
5.21% of portfolio
 		DTV
DIRECTV Group Inc.
4.99% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.86% of portfolio
 		FRX-OLD
Forest Laboratories
4.77% of portfolio
 		TXN
Texas Instruments
4.43% of portfolio
 		ORCL
Oracle Corp.
4.40% of portfolio
 		FDX
FedEx Corp.
4.39% of portfolio
 		INTC
Intel Corp.
3.92% of portfolio
 		CPN
Calpine Corp.
3.92% of portfolio
 		CMCSA
Comcast Corp.
3.74% of portfolio
 		KMT
Kennametal Inc.
3.51% of portfolio
 		CVE
Cenovus Energy Inc.
3.24% of portfolio
 		NFX
Newfield Exploration
3.08% of portfolio
2013   Q2$3.58 B TRW
TRW Automotive Holdings Corp.
8.35% of portfolio
 		TEL
TE Connectivity plc
6.73% of portfolio
 		BAC
Bank of America Corp.
6.14% of portfolio
 		COF
Capital One Financial
6.05% of portfolio
 		AIG
American International Group
6.00% of portfolio
 		MDT
Medtronic plc
5.89% of portfolio
 		JPM
JPMorgan Chase & Co.
5.60% of portfolio
 		DTV
DIRECTV Group Inc.
5.42% of portfolio
 		MA
Mastercard Inc.
5.05% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.01% of portfolio
 		FRX-OLD
Forest Laboratories
4.81% of portfolio
 		CPN
Calpine Corp.
4.51% of portfolio
 		INTC
Intel Corp.
4.36% of portfolio
 		ORCL
Oracle Corp.
4.29% of portfolio
 		TXN
Texas Instruments
4.14% of portfolio
 		FDX
FedEx Corp.
3.99% of portfolio
 		CVE
Cenovus Energy Inc.
3.60% of portfolio
 		CMCSA
Comcast Corp.
3.60% of portfolio
 		NFX
Newfield Exploration
3.30% of portfolio
 		KMT
Kennametal Inc.
3.15% of portfolio
2013   Q1$3.42 B TRW
TRW Automotive Holdings Corp.
7.07% of portfolio
 		TEL
TE Connectivity plc
6.48% of portfolio
 		BAC
Bank of America Corp.
6.08% of portfolio
 		MDT
Medtronic plc
5.90% of portfolio
 		JPM
JPMorgan Chase & Co.
5.55% of portfolio
 		COF
Capital One Financial
5.54% of portfolio
 		AIG
American International Group
5.45% of portfolio
 		DTV
DIRECTV Group Inc.
5.21% of portfolio
 		MA
Mastercard Inc.
4.98% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.87% of portfolio
 		DELL-OLD
Dell Inc.
4.81% of portfolio
 		FRX-OLD
Forest Laboratories
4.67% of portfolio
 		CPN
Calpine Corp.
4.58% of portfolio
 		INTC
Intel Corp.
4.56% of portfolio
 		TXN
Texas Instruments
4.40% of portfolio
 		NFX
Newfield Exploration
4.18% of portfolio
 		FDX
FedEx Corp.
4.16% of portfolio
 		CMCSA
Comcast Corp.
3.76% of portfolio
 		CVE
Cenovus Energy Inc.
3.55% of portfolio
 		KMT
Kennametal Inc.
3.07% of portfolio
2012   Q4$3.04 B TRW
TRW Automotive Holdings Corp.
7.05% of portfolio
 		WBD
Warner Bros. Discovery Inc.
6.56% of portfolio
 		BAC
Bank of America Corp.
6.52% of portfolio
 		TEL
TE Connectivity plc
6.46% of portfolio
 		COF
Capital One Financial
5.81% of portfolio
 		JPM
JPMorgan Chase & Co.
5.78% of portfolio
 		NFX
Newfield Exploration
5.32% of portfolio
 		MA
Mastercard Inc.
5.09% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.05% of portfolio
 		AIG
American International Group
5.00% of portfolio
 		MDT
Medtronic plc
4.72% of portfolio
 		FDX
FedEx Corp.
4.37% of portfolio
 		INTC
Intel Corp.
4.27% of portfolio
 		CPN
Calpine Corp.
4.23% of portfolio
 		CMCSA
Comcast Corp.
4.19% of portfolio
 		DELL-OLD
Dell Inc.
4.16% of portfolio
 		CVE
Cenovus Energy Inc.
4.12% of portfolio
 		TXN
Texas Instruments
4.12% of portfolio
 		DTV
DIRECTV Group Inc.
4.04% of portfolio
 		KMT
Kennametal Inc.
3.16% of portfolio
2012   Q3$2.87 B WBD
Warner Bros. Discovery Inc.
8.99% of portfolio
 		COF
Capital One Financial
6.05% of portfolio
 		TEL
TE Connectivity plc
5.97% of portfolio
 		JPM
JPMorgan Chase & Co.
5.64% of portfolio
 		TRW
TRW Automotive Holdings Corp.
5.32% of portfolio
 		BAC
Bank of America Corp.
5.25% of portfolio
 		CMCSA
Comcast Corp.
5.15% of portfolio
 		NFX
Newfield Exploration
5.14% of portfolio
 		MDT
Medtronic plc
5.10% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.02% of portfolio
 		MA
Mastercard Inc.
4.95% of portfolio
 		CVE
Cenovus Energy Inc.
4.53% of portfolio
 		DTV
DIRECTV Group Inc.
4.47% of portfolio
 		INTC
Intel Corp.
4.34% of portfolio
 		BMC
BMC Software
4.33% of portfolio
 		CPN
Calpine Corp.
4.28% of portfolio
 		FDX
FedEx Corp.
4.27% of portfolio
 		AIG
American International Group
4.22% of portfolio
 		TXN
Texas Instruments
3.88% of portfolio
 		DELL-OLD
Dell Inc.
3.09% of portfolio
2012   Q2$2.82 B WBD
Warner Bros. Discovery Inc.
8.71% of portfolio
 		COF
Capital One Financial
5.91% of portfolio
 		TEL
TE Connectivity plc
5.70% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.67% of portfolio
 		NFX
Newfield Exploration
5.32% of portfolio
 		CMCSA
Comcast Corp.
5.28% of portfolio
 		EBAY
eBay Inc.
5.21% of portfolio
 		JPM
JPMorgan Chase & Co.
5.06% of portfolio
 		INTC
Intel Corp.
5.00% of portfolio
 		TWX
Time Warner Inc.
4.86% of portfolio
 		MA
Mastercard Inc.
4.80% of portfolio
 		FDX
FedEx Corp.
4.71% of portfolio
 		MDT
Medtronic plc
4.67% of portfolio
 		BMC
BMC Software
4.54% of portfolio
 		DTV
DIRECTV Group Inc.
4.41% of portfolio
 		CVE
Cenovus Energy Inc.
4.21% of portfolio
 		TRW
TRW Automotive Holdings Corp.
4.17% of portfolio
 		TXN
Texas Instruments
4.12% of portfolio
 		DELL-OLD
Dell Inc.
4.00% of portfolio
 		CPN
Calpine Corp.
3.66% of portfolio
2012   Q1$2.95 B WBD
Warner Bros. Discovery Inc.
8.92% of portfolio
 		TEL
TE Connectivity plc
6.29% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
6.28% of portfolio
 		CMCSA
Comcast Corp.
5.36% of portfolio
 		COF
Capital One Financial
5.30% of portfolio
 		JPM
JPMorgan Chase & Co.
5.28% of portfolio
 		INTC
Intel Corp.
5.24% of portfolio
 		TRW
TRW Automotive Holdings Corp.
5.04% of portfolio
 		MA
Mastercard Inc.
4.85% of portfolio
 		DELL-OLD
Dell Inc.
4.63% of portfolio
 		TXN
Texas Instruments
4.62% of portfolio
 		TWX
Time Warner Inc.
4.56% of portfolio
 		MDT
Medtronic plc
4.52% of portfolio
 		EBAY
eBay Inc.
4.51% of portfolio
 		DTV
DIRECTV Group Inc.
4.43% of portfolio
 		CVE
Cenovus Energy Inc.
4.43% of portfolio
 		FDX
FedEx Corp.
4.21% of portfolio
 		HRB
H&R Block Inc.
3.95% of portfolio
 		NFX
Newfield Exploration
3.91% of portfolio
 		CPN
Calpine Corp.
3.65% of portfolio
2011   Q4$2.37 B WBD
Warner Bros. Discovery Inc.
9.23% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
6.49% of portfolio
 		TEL
TE Connectivity plc
6.06% of portfolio
 		MA
Mastercard Inc.
5.50% of portfolio
 		CMCSA
Comcast Corp.
5.31% of portfolio
 		INTC
Intel Corp.
5.16% of portfolio
 		MDT
Medtronic plc
4.67% of portfolio
 		TXN
Texas Instruments
4.66% of portfolio
 		TWX
Time Warner Inc.
4.66% of portfolio
 		JPM
JPMorgan Chase & Co.
4.62% of portfolio
 		FDX
FedEx Corp.
4.57% of portfolio
 		COF
Capital One Financial
4.54% of portfolio
 		HRB
H&R Block Inc.
4.52% of portfolio
 		CVE
Cenovus Energy Inc.
4.51% of portfolio
 		EBAY
eBay Inc.
4.41% of portfolio
 		DELL-OLD
Dell Inc.
4.39% of portfolio
 		CPN
Calpine Corp.
4.30% of portfolio
 		TRW
TRW Automotive Holdings Corp.
4.26% of portfolio
 		NFX
Newfield Exploration
4.26% of portfolio
 		DTV
DIRECTV Group Inc.
3.87% of portfolio
2011   Q3$2.16 B WBD
Warner Bros. Discovery Inc.
9.47% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
6.51% of portfolio
 		TEL
TE Connectivity plc
6.09% of portfolio
 		CMCSA
Comcast Corp.
5.71% of portfolio
 		MA
Mastercard Inc.
5.15% of portfolio
 		CPN
Calpine Corp.
5.13% of portfolio
 		INTC
Intel Corp.
4.99% of portfolio
 		EBAY
eBay Inc.
4.72% of portfolio
 		TXN
Texas Instruments
4.70% of portfolio
 		COF
Capital One Financial
4.69% of portfolio
 		DELL-OLD
Dell Inc.
4.67% of portfolio
 		CVE
Cenovus Energy Inc.
4.59% of portfolio
 		BMY
Bristol-Myers Squibb
4.48% of portfolio
 		DTV
DIRECTV Group Inc.
4.41% of portfolio
 		MDT
Medtronic plc
4.32% of portfolio
 		TWX
Time Warner Inc.
4.25% of portfolio
 		JPM
JPMorgan Chase & Co.
4.18% of portfolio
 		HRB
H&R Block Inc.
4.18% of portfolio
 		FDX
FedEx Corp.
3.92% of portfolio
 		NFX
Newfield Exploration
3.83% of portfolio
2011   Q2$2.57 B WBD
Warner Bros. Discovery Inc.
8.55% of portfolio
 		TEL
TE Connectivity plc
6.68% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
6.53% of portfolio
 		CMCSA
Comcast Corp.
5.61% of portfolio
 		CPN
Calpine Corp.
4.93% of portfolio
 		TXN
Texas Instruments
4.86% of portfolio
 		CVE
Cenovus Energy Inc.
4.73% of portfolio
 		MA
Mastercard Inc.
4.69% of portfolio
 		DELL-OLD
Dell Inc.
4.62% of portfolio
 		BMY
Bristol-Myers Squibb
4.52% of portfolio
 		DTV
DIRECTV Group Inc.
4.45% of portfolio
 		INTC
Intel Corp.
4.36% of portfolio
 		EBAY
eBay Inc.
4.34% of portfolio
 		COF
Capital One Financial
4.33% of portfolio
 		MDT
Medtronic plc
4.20% of portfolio
 		NFX
Newfield Exploration
4.19% of portfolio
 		TWX
Time Warner Inc.
4.19% of portfolio
 		JPM
JPMorgan Chase & Co.
3.98% of portfolio
 		HRB
H&R Block Inc.
3.92% of portfolio
 		BBY
Best Buy Co. Inc.
3.67% of portfolio
2011   Q1$2.54 B WBD
Warner Bros. Discovery Inc.
8.34% of portfolio
 		TEL
TE Connectivity plc
6.41% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
6.33% of portfolio
 		CMCSA
Comcast Corp.
5.45% of portfolio
 		TXN
Texas Instruments
5.18% of portfolio
 		CVE
Cenovus Energy Inc.
5.01% of portfolio
 		CPN
Calpine Corp.
4.92% of portfolio
 		NFX
Newfield Exploration
4.74% of portfolio
 		COF
Capital One Financial
4.61% of portfolio
 		JPM
JPMorgan Chase & Co.
4.53% of portfolio
 		EBAY
eBay Inc.
4.47% of portfolio
 		MDT
Medtronic plc
4.35% of portfolio
 		BMY
Bristol-Myers Squibb
4.28% of portfolio
 		HRB
H&R Block Inc.
4.27% of portfolio
 		DTV
DIRECTV Group Inc.
4.24% of portfolio
 		TWX
Time Warner Inc.
4.17% of portfolio
 		DELL-OLD
Dell Inc.
4.07% of portfolio
 		INTC
Intel Corp.
4.01% of portfolio
 		MA
Mastercard Inc.
3.97% of portfolio
 		BBY
Best Buy Co. Inc.
3.40% of portfolio
2010   Q4$2.41 B WBD
Warner Bros. Discovery Inc.
9.15% of portfolio
 		TEL
TE Connectivity plc
7.15% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
6.41% of portfolio
 		TXN
Texas Instruments
5.36% of portfolio
 		CMCSA
Comcast Corp.
5.14% of portfolio
 		NFX
Newfield Exploration
5.03% of portfolio
 		CVE
Cenovus Energy Inc.
4.59% of portfolio
 		BMY
Bristol-Myers Squibb
4.52% of portfolio
 		INTC
Intel Corp.
4.40% of portfolio
 		JPM
JPMorgan Chase & Co.
4.39% of portfolio
 		CPN
Calpine Corp.
4.35% of portfolio
 		EBAY
eBay Inc.
4.33% of portfolio
 		MDT
Medtronic plc
4.31% of portfolio
 		BBY
Best Buy Co. Inc.
4.27% of portfolio
 		COF
Capital One Financial
4.26% of portfolio
 		DELL-OLD
Dell Inc.
4.00% of portfolio
 		WU
Western Union Co.
3.98% of portfolio
 		TWX
Time Warner Inc.
3.95% of portfolio
 		DTV
DIRECTV Group Inc.
3.81% of portfolio
 		BAC
Bank of America Corp.
3.43% of portfolio
2010   Q3$2.3 B WBD
Warner Bros. Discovery Inc.
10.56% of portfolio
 		TEL
TE Connectivity plc
6.17% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.95% of portfolio
 		EBAY
eBay Inc.
5.19% of portfolio
 		BBY
Best Buy Co. Inc.
5.14% of portfolio
 		BMY
Bristol-Myers Squibb
4.84% of portfolio
 		TXN
Texas Instruments
4.68% of portfolio
 		NFX
Newfield Exploration
4.49% of portfolio
 		CVE
Cenovus Energy Inc.
4.40% of portfolio
 		CMCSA
Comcast Corp.
4.39% of portfolio
 		DTV
DIRECTV Group Inc.
4.33% of portfolio
 		CPN
Calpine Corp.
4.24% of portfolio
 		INTC
Intel Corp.
4.21% of portfolio
 		COF
Capital One Financial
4.14% of portfolio
 		JPM
JPMorgan Chase & Co.
4.12% of portfolio
 		MDT
Medtronic plc
4.08% of portfolio
 		DELL-OLD
Dell Inc.
4.00% of portfolio
 		WU
Western Union Co.
3.96% of portfolio
 		TWX
Time Warner Inc.
3.94% of portfolio
 		HRB
H&R Block Inc.
3.64% of portfolio
2010   Q2$2.16 B WBD
Warner Bros. Discovery Inc.
11.93% of portfolio
 		TEL
TE Connectivity plc
5.03% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.87% of portfolio
 		BMY
Bristol-Myers Squibb
4.87% of portfolio
 		MDT
Medtronic plc
4.71% of portfolio
 		CVE
Cenovus Energy Inc.
4.70% of portfolio
 		CPN
Calpine Corp.
4.64% of portfolio
 		BBY
Best Buy Co. Inc.
4.56% of portfolio
 		INTC
Intel Corp.
4.56% of portfolio
 		CMCSA
Comcast Corp.
4.54% of portfolio
 		COF
Capital One Financial
4.51% of portfolio
 		EBAY
eBay Inc.
4.46% of portfolio
 		NFX
Newfield Exploration
4.31% of portfolio
 		TXN
Texas Instruments
4.29% of portfolio
 		JPM
JPMorgan Chase & Co.
4.24% of portfolio
 		HRB
H&R Block Inc.
4.20% of portfolio
 		BAC
Bank of America Corp.
4.13% of portfolio
 		DELL-OLD
Dell Inc.
3.98% of portfolio
 		TWX
Time Warner Inc.
3.97% of portfolio
 		DTV
DIRECTV Group Inc.
3.93% of portfolio
2010   Q1$2.42 B WBD
Warner Bros. Discovery Inc.
10.58% of portfolio
 		DTV
DIRECTV Group Inc.
7.33% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.76% of portfolio
 		BMY
Bristol-Myers Squibb
4.75% of portfolio
 		HRB
H&R Block Inc.
4.68% of portfolio
 		MDT
Medtronic plc
4.65% of portfolio
 		INTC
Intel Corp.
4.64% of portfolio
 		TEL
TE Connectivity plc
4.62% of portfolio
 		BAC
Bank of America Corp.
4.57% of portfolio
 		NFX
Newfield Exploration
4.52% of portfolio
 		BBY
Best Buy Co. Inc.
4.48% of portfolio
 		CMCSA
Comcast Corp.
4.27% of portfolio
 		CVE
Cenovus Energy Inc.
4.25% of portfolio
 		EBAY
eBay Inc.
4.23% of portfolio
 		TWX
Time Warner Inc.
4.15% of portfolio
 		COF
Capital One Financial
4.12% of portfolio
 		TXN
Texas Instruments
3.92% of portfolio
 		JPM
JPMorgan Chase & Co.
3.87% of portfolio
 		WU
Western Union Co.
3.62% of portfolio
 		YUM
Yum! Brands Inc.
3.51% of portfolio
2009   Q4$2.25 B WBD
Warner Bros. Discovery Inc.
10.63% of portfolio
 		DTV
DIRECTV Group Inc.
8.04% of portfolio
 		HRB
H&R Block Inc.
6.41% of portfolio
 		MDT
Medtronic plc
4.89% of portfolio
 		BMY
Bristol-Myers Squibb
4.84% of portfolio
 		BAC
Bank of America Corp.
4.80% of portfolio
 		INTC
Intel Corp.
4.58% of portfolio
 		NFX
Newfield Exploration
4.50% of portfolio
 		TEL
TE Connectivity plc
4.44% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.39% of portfolio
 		TWX
Time Warner Inc.
4.16% of portfolio
 		TXN
Texas Instruments
4.14% of portfolio
 		BBY
Best Buy Co. Inc.
4.12% of portfolio
 		CMCSA
Comcast Corp.
4.09% of portfolio
 		EBAY
eBay Inc.
3.98% of portfolio
 		JPM
JPMorgan Chase & Co.
3.88% of portfolio
 		COF
Capital One Financial
3.77% of portfolio
 		WU
Western Union Co.
3.74% of portfolio
 		DELL-OLD
Dell Inc.
3.58% of portfolio
 		CVE
Cenovus Energy Inc.
3.56% of portfolio
2009   Q3$2.06 B WBD
Warner Bros. Discovery Inc.
11.38% of portfolio
 		LMDIA
Liberty Media Ent. OLD
8.17% of portfolio
 		HRB
H&R Block Inc.
5.68% of portfolio
 		SGP
Schering-Plough
5.18% of portfolio
 		VIAB
Viacom Inc.
5.07% of portfolio
 		INTC
Intel Corp.
4.79% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.58% of portfolio
 		BMY
Bristol-Myers Squibb
4.49% of portfolio
 		TWX
Time Warner Inc.
4.48% of portfolio
 		MDT
Medtronic plc
4.46% of portfolio
 		JPM
JPMorgan Chase & Co.
4.45% of portfolio
 		TEL
TE Connectivity plc
4.40% of portfolio
 		EBAY
eBay Inc.
4.35% of portfolio
 		NFX
Newfield Exploration
4.34% of portfolio
 		COF
Capital One Financial
4.18% of portfolio
 		DELL-OLD
Dell Inc.
4.15% of portfolio
 		TXN
Texas Instruments
4.11% of portfolio
 		BBY
Best Buy Co. Inc.
4.09% of portfolio
 		BAC
Bank of America Corp.
4.02% of portfolio
 		YUM
Yum! Brands Inc.
3.63% of portfolio
2009   Q2$1.89 B WBD
Warner Bros. Discovery Inc.
10.35% of portfolio
 		LMDIA
Liberty Media Ent. OLD
8.53% of portfolio
 		HRB
H&R Block Inc.
5.91% of portfolio
 		SGP
Schering-Plough
5.44% of portfolio
 		VIAB
Viacom Inc.
5.20% of portfolio
 		TXN
Texas Instruments
4.83% of portfolio
 		TWX
Time Warner Inc.
4.82% of portfolio
 		MDT
Medtronic plc
4.81% of portfolio
 		INTC
Intel Corp.
4.60% of portfolio
 		BMY
Bristol-Myers Squibb
4.53% of portfolio
 		YUM
Yum! Brands Inc.
4.27% of portfolio
 		TEL
TE Connectivity plc
4.11% of portfolio
 		DELL-OLD
Dell Inc.
4.08% of portfolio
 		WU
Western Union Co.
4.06% of portfolio
 		NFX
Newfield Exploration
3.98% of portfolio
 		JPM
JPMorgan Chase & Co.
3.97% of portfolio
 		EBAY
eBay Inc.
3.81% of portfolio
 		BBY
Best Buy Co. Inc.
3.64% of portfolio
 		BAC
Bank of America Corp.
3.43% of portfolio
 		COF
Capital One Financial
3.14% of portfolio
2009   Q1$1.51 B WBD
Warner Bros. Discovery Inc.
9.21% of portfolio
 		LMDIA
Liberty Media Ent. OLD
7.94% of portfolio
 		HRB
H&R Block Inc.
7.78% of portfolio
 		SGP
Schering-Plough
6.67% of portfolio
 		BBY
Best Buy Co. Inc.
5.40% of portfolio
 		INTC
Intel Corp.
5.22% of portfolio
 		YUM
Yum! Brands Inc.
5.11% of portfolio
 		VIAB
Viacom Inc.
4.97% of portfolio
 		BMY
Bristol-Myers Squibb
4.94% of portfolio
 		TWX
Time Warner Inc.
4.61% of portfolio
 		TXN
Texas Instruments
4.56% of portfolio
 		MDT
Medtronic plc
4.48% of portfolio
 		JPM
JPMorgan Chase & Co.
4.38% of portfolio
 		WU
Western Union Co.
4.21% of portfolio
 		NFX
Newfield Exploration
3.75% of portfolio
 		DELL-OLD
Dell Inc.
3.52% of portfolio
 		EBAY
eBay Inc.
3.49% of portfolio
 		TEL
TE Connectivity plc
3.41% of portfolio
 		COF
Capital One Financial
2.36% of portfolio
 		BAC
Bank of America Corp.
2.21% of portfolio
2008   Q4$1.74 B HRB
H&R Block Inc.
9.49% of portfolio
 		WBD
Warner Bros. Discovery Inc.
7.63% of portfolio
 		YUM
Yum! Brands Inc.
7.63% of portfolio
 		SGP
Schering-Plough
6.64% of portfolio
 		LMDIA
Liberty Media Ent. OLD
6.04% of portfolio
 		COF
Capital One Financial
5.33% of portfolio
 		INTC
Intel Corp.
5.18% of portfolio
 		VIAB
Viacom Inc.
5.12% of portfolio
 		BMY
Bristol-Myers Squibb
5.09% of portfolio
 		TWX
Time Warner Inc.
4.98% of portfolio
 		BBY
Best Buy Co. Inc.
4.52% of portfolio
 		JPM
JPMorgan Chase & Co.
4.52% of portfolio
 		TEL
TE Connectivity plc
4.35% of portfolio
 		WU
Western Union Co.
4.17% of portfolio
 		BAC
Bank of America Corp.
3.80% of portfolio
 		TXN
Texas Instruments
3.72% of portfolio
 		MDT
Medtronic plc
3.61% of portfolio
 		DELL-OLD
Dell Inc.
3.30% of portfolio
 		EBAY
eBay Inc.
3.17% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
1.69% of portfolio
2008   Q3$2.44 B HRB
H&R Block Inc.
10.27% of portfolio
 		YUM
Yum! Brands Inc.
8.24% of portfolio
 		COF
Capital One Financial
6.08% of portfolio
 		JPM
JPMorgan Chase & Co.
5.54% of portfolio
 		MCD
McDonald's Corp.
5.13% of portfolio
 		BMY
Bristol-Myers Squibb
5.13% of portfolio
 		WU
Western Union Co.
5.12% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.97% of portfolio
 		VIAB
Viacom Inc.
4.76% of portfolio
 		LTD
Limited Brands Inc.
4.74% of portfolio
 		INTC
Intel Corp.
4.72% of portfolio
 		CMCSA
Comcast Corp.
4.65% of portfolio
 		TWX
Time Warner Inc.
4.63% of portfolio
 		SGP
Schering-Plough
4.38% of portfolio
 		BBY
Best Buy Co. Inc.
4.30% of portfolio
 		XRX
Xerox Holdings Corp.
4.04% of portfolio
 		MS
Morgan Stanley
3.63% of portfolio
 		DELL-OLD
Dell Inc.
3.45% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
3.17% of portfolio
 		WBD
Warner Bros. Discovery Inc.
2.60% of portfolio
2008   Q2$2.77 B HRB
H&R Block Inc.
8.91% of portfolio
 		YUM
Yum! Brands Inc.
8.20% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
7.86% of portfolio
 		WU
Western Union Co.
5.60% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.33% of portfolio
 		WM-OLD
Washington Mutual
5.20% of portfolio
 		INTC
Intel Corp.
4.77% of portfolio
 		CMCSA
Comcast Corp.
4.71% of portfolio
 		BMY
Bristol-Myers Squibb
4.68% of portfolio
 		LTD
Limited Brands Inc.
4.62% of portfolio
 		TWX
Time Warner Inc.
4.61% of portfolio
 		XRX
Xerox Holdings Corp.
4.19% of portfolio
 		COF
Capital One Financial
4.13% of portfolio
 		MCD
McDonald's Corp.
4.12% of portfolio
 		SGP
Schering-Plough
4.11% of portfolio
 		VIAB
Viacom Inc.
4.06% of portfolio
 		DELL-OLD
Dell Inc.
4.04% of portfolio
 		JPM
JPMorgan Chase & Co.
3.71% of portfolio
 		MS
Morgan Stanley
3.71% of portfolio
 		BBY
Best Buy Co. Inc.
3.43% of portfolio
2008   Q1$3.21 B YUM
Yum! Brands Inc.
9.25% of portfolio
 		HRB
H&R Block Inc.
9.18% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
6.63% of portfolio
 		WM-OLD
Washington Mutual
6.56% of portfolio
 		VIAB
Viacom Inc.
5.28% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.21% of portfolio
 		INTC
Intel Corp.
4.92% of portfolio
 		LTD
Limited Brands Inc.
4.90% of portfolio
 		WU
Western Union Co.
4.76% of portfolio
 		JPM
JPMorgan Chase & Co.
4.75% of portfolio
 		TWX
Time Warner Inc.
4.73% of portfolio
 		DELL-OLD
Dell Inc.
4.67% of portfolio
 		CMCSA
Comcast Corp.
4.50% of portfolio
 		BMY
Bristol-Myers Squibb
4.49% of portfolio
 		COF
Capital One Financial
4.32% of portfolio
 		XRX
Xerox Holdings Corp.
4.27% of portfolio
 		MCD
McDonald's Corp.
4.22% of portfolio
 		MS
Morgan Stanley
4.13% of portfolio
 		HD
Home Depot
3.23% of portfolio
2007   Q4$3.86 B YUM
Yum! Brands Inc.
8.83% of portfolio
 		WM-OLD
Washington Mutual
7.99% of portfolio
 		HRB
H&R Block Inc.
7.08% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
6.58% of portfolio
 		VIAB
Viacom Inc.
5.54% of portfolio
 		WU
Western Union Co.
5.26% of portfolio
 		TWX
Time Warner Inc.
5.22% of portfolio
 		INTC
Intel Corp.
5.21% of portfolio
 		XRX
Xerox Holdings Corp.
5.17% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.16% of portfolio
 		BMY
Bristol-Myers Squibb
5.09% of portfolio
 		JPM
JPMorgan Chase & Co.
5.02% of portfolio
 		DELL-OLD
Dell Inc.
4.83% of portfolio
 		MCD
McDonald's Corp.
4.77% of portfolio
 		IMS
IMS Health Holdings
4.59% of portfolio
 		LTD
Limited Brands Inc.
4.55% of portfolio
 		CMCSA
Comcast Corp.
3.65% of portfolio
 		HD
Home Depot
2.86% of portfolio
 		DNB
Dun & Bradstreet
2.60% of portfolio
2007   Q3$5.2 B WM-OLD
Washington Mutual
13.70% of portfolio
 		YUM
Yum! Brands Inc.
8.48% of portfolio
 		MCD
McDonald's Corp.
7.13% of portfolio
 		HRB
H&R Block Inc.
6.49% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
5.89% of portfolio
 		TWX
Time Warner Inc.
4.86% of portfolio
 		IMS
IMS Health Holdings
4.66% of portfolio
 		INTC
Intel Corp.
4.38% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.34% of portfolio
 		VIAB
Viacom Inc.
4.33% of portfolio
 		BMY
Bristol-Myers Squibb
4.22% of portfolio
 		XRX
Xerox Holdings Corp.
4.12% of portfolio
 		LTD
Limited Brands Inc.
4.09% of portfolio
 		JPM
JPMorgan Chase & Co.
3.92% of portfolio
 		DELL-OLD
Dell Inc.
3.67% of portfolio
 		S-OLD
Sprint Corp.
3.66% of portfolio
 		WU
Western Union Co.
3.44% of portfolio
 		PHM
PulteGroup Inc.
3.03% of portfolio
 		HD
Home Depot
2.87% of portfolio
 		DNB
Dun & Bradstreet
2.72% of portfolio
2007   Q2$5.83 B WM-OLD
Washington Mutual
14.75% of portfolio
 		YUM
Yum! Brands Inc.
8.24% of portfolio
 		HRB
H&R Block Inc.
6.38% of portfolio
 		MCD
McDonald's Corp.
6.18% of portfolio
 		TWX
Time Warner Inc.
5.25% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.62% of portfolio
 		BMY
Bristol-Myers Squibb
4.49% of portfolio
 		IMS
IMS Health Holdings
4.41% of portfolio
 		LTD
Limited Brands Inc.
4.37% of portfolio
 		INTC
Intel Corp.
4.28% of portfolio
 		VIAB
Viacom Inc.
4.27% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
4.26% of portfolio
 		DELL-OLD
Dell Inc.
4.16% of portfolio
 		XRX
Xerox Holdings Corp.
3.98% of portfolio
 		JPM
JPMorgan Chase & Co.
3.82% of portfolio
 		DNB
Dun & Bradstreet
3.66% of portfolio
 		S-OLD
Sprint Corp.
3.55% of portfolio
 		HD
Home Depot
3.37% of portfolio
 		WU
Western Union Co.
3.08% of portfolio
 		PHM
PulteGroup Inc.
2.88% of portfolio
2007   Q1$5.61 B WM-OLD
Washington Mutual
14.53% of portfolio
 		YUM
Yum! Brands Inc.
8.82% of portfolio
 		MCD
McDonald's Corp.
6.59% of portfolio
 		HRB
H&R Block Inc.
5.97% of portfolio
 		TWX
Time Warner Inc.
5.40% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
5.12% of portfolio
 		JPM
JPMorgan Chase & Co.
4.75% of portfolio
 		XRX
Xerox Holdings Corp.
4.65% of portfolio
 		IMS
IMS Health Holdings
4.39% of portfolio
 		VIAB
Viacom Inc.
4.38% of portfolio
 		DNB
Dun & Bradstreet
4.37% of portfolio
 		LTD
Limited Brands Inc.
4.31% of portfolio
 		BMY
Bristol-Myers Squibb
4.20% of portfolio
 		INTC
Intel Corp.
4.09% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
3.69% of portfolio
 		DELL-OLD
Dell Inc.
3.52% of portfolio
 		S-OLD
Sprint Corp.
3.38% of portfolio
 		WU
Western Union Co
3.37% of portfolio
 		PHM
PulteGroup Inc.
3.06% of portfolio
 		GAP
Gap Inc.
1.40% of portfolio
2006   Q4$5.81 B WM-OLD
Washington Mutual
15.79% of portfolio
 		YUM
Yum! Brands Inc.
8.66% of portfolio
 		MCD
McDonald's Corp.
6.26% of portfolio
 		HRB
H&R Block Inc.
6.12% of portfolio
 		TWX
Time Warner Inc.
5.75% of portfolio
 		XRX
Xerox Holdings Corp.
4.80% of portfolio
 		LTD
Limited Brands Inc.
4.62% of portfolio
 		JPM
JPMorgan Chase & Co.
4.57% of portfolio
 		QRTEA
Qurate Retail Group Inc. CL A
4.47% of portfolio
 		DNB
Dun & Bradstreet
4.40% of portfolio
 		VIAB
Viacom Inc.
4.22% of portfolio
 		INTC
Intel Corp.
4.18% of portfolio
 		IMS
IMS Health Holdings
3.93% of portfolio
 		BMY
Bristol-Myers Squibb
3.85% of portfolio
 		DELL-OLD
Dell Inc.
3.67% of portfolio
 		PHM
PulteGroup Inc.
3.41% of portfolio
 		WU
Western Union Co
3.32% of portfolio
 		DISCA-OLD
Discovery Inc. OLD
2.99% of portfolio
 		GAP
Gap Inc.
2.87% of portfolio
 		MAT
Mattel Inc.
2.11% of portfolio