-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ou81retj/6IG/e2r5YHMPWmarjvtgGSnalch7HnJKcduIFNiC5tccniw+7bpxA3U XAJi0H/aCtDBk7FglzelVQ== 0001193125-09-015514.txt : 20090130 0001193125-09-015514.hdr.sgml : 20090130 20090130172554 ACCESSION NUMBER: 0001193125-09-015514 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090130 DATE AS OF CHANGE: 20090130 EFFECTIVENESS DATE: 20090130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DODGE & COX CENTRAL INDEX KEY: 0000200217 IRS NUMBER: 94144197 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00400 FILM NUMBER: 09559373 BUSINESS ADDRESS: STREET 1: ONE SANSOME ST STREET 2: 35TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159811710 MAIL ADDRESS: STREET 1: ONE SANSOME ST STREET 2: 35TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 13F-HR 1 d13fhr.txt FORM 13F-HR FOR QUARTER ENDED 12/31/2008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/08 Check here if Amendment [_]; Amendment Number: --------- This Amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Dodge & Cox Address: 555 California Street 40th Floor San Francisco, CA 94104 Form 13F File Number: 28-400 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Thomas M. Mistele Title: Chief Operating Officer Phone: (415) 981-1710 Signature, Place, and Date of Signing: /S/ Thomas M. Mistele San Francisco, CA 1/30/09 - --------------------- [City, State] [Date] [Signature] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s). ) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 218 Form 13F Information Table Value Total: 65,539,147 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE
FORM 13F NAME OF REPORTING MGR - DODGE & COX COLUMN 1 COL.2 COL. 3 COL 4 COLUMN 5 COL. 6 COL7 COLUMN 8 VALUE SHARES/ SH/ PUT/ INVSTMT OTHR VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE - ----------------------------- ----------- --------- --------- ----------- --- ---- ------- ---- ----------- ------- --------- ABBOTT LABORATORIES COMMON 002824100 5,237 98,119 SH SOLE 98,119 0 ADOBE SYSTEMS INC COMMON 00724F101 647 30,400 SH SOLE 30,400 0 AEGON N.V.-NY REG SHR NYREGSH 007924103 281,115 46,465,215 SH SOLE 44,088,745 95,777 2,280,693 AETNA INC COMMON 00817Y108 333 11,667 SH SOLE 11,667 0 AFLAC INC COMMON 001055102 791 17,245 SH SOLE 17,245 0 AGILENT TECHNOLOGIES INC COMMON 00846U101 198 12,677 SH SOLE 12,677 0 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 963 19,150 SH SOLE 14,800 4,350 ALCOA INC COMMON 013817101 4,440 394,283 SH SOLE 385,583 8,700 ALLEGHANY CORP COMMON 017175100 249 882 SH SOLE 882 0 ALLSTATE CORP COMMON 020002101 280 8,559 SH SOLE 8,559 0 ALTRIA GROUP INC COMMON 02209S103 598 39,726 SH SOLE 35,726 4,000 AMERICAN ELECTRIC POWER COMMON 025537101 2,277 68,414 SH SOLE 68,194 220 AMERICAN EXPRESS CO COMMON 025816109 7,378 397,726 SH SOLE 385,496 12,230 AMERICAN INTERNATIONAL GROUP COMMON 026874107 265,808 169,304,226 SH SOLE 161,989,106 306,800 7,008,320 AMERIPRISE FINANCIAL INC COMMON 03076C106 412 17,617 SH SOLE 17,617 0 AMGEN INC COMMON 031162100 2,026,408 35,089,319 SH SOLE 32,951,199 86,800 2,051,320 ANADARKO PETROLEUM CORP COMMON 032511107 1,328 34,458 SH SOLE 31,908 2,550 AON CORP COMMON 037389103 584 12,777 SH SOLE 12,777 0 APOLLO GROUP INC-CL A CL A 037604105 479 6,250 SH SOLE 6,250 0 AT&T INC COMMON 00206R102 607 21,284 SH SOLE 21,284 0 AUTODESK INC COMMON 052769106 18,679 950,600 SH SOLE 875,200 4,300 71,100 AVERY DENNISON CORP COMMON 053611109 216 6,600 SH SOLE 6,600 0 AVON PRODUCTS INC COMMON 054303102 5,647 235,000 SH SOLE 184,500 50,500 BAKER HUGHES INC COMMON 057224107 890,764 27,775,617 SH SOLE 26,121,067 70,300 1,584,250 BANK OF AMERICA CORP COMMON 060505104 4,144 294,334 SH SOLE 275,086 19,248 BANK OF NEW YORK MELLON CORP COMMON 064058100 1,408 49,701 SH SOLE 46,601 3,100 BAXTER INTERNATIONAL INC COMMON 071813109 505 9,428 SH SOLE 9,428 0 BECTON DICKINSON & CO COMMON 075887109 6,425 93,952 SH SOLE 76,552 17,400 BERKSHIRE HATHAWAY INC-CL A CL A 084670108 580 6 SH SOLE 6 0 BERKSHIRE HATHAWAY INC-CL B CL B 084670207 3,416 1,063 SH SOLE 895 168 BMC SOFTWARE INC COMMON 055921100 428,801 15,934,628 SH SOLE 15,059,778 37,600 837,250 BOEING CO COMMON 097023105 237 5,560 SH SOLE 5,560 0 BOSTON PROPERT 2.875 2/15/37 CV DEB 10112RAK0 29,175 36,975,000 SH SOLE 32,525,000 4,450,000 BOSTON SCIENTIFIC CORP COMMON 101137107 678,135 87,614,327 SH SOLE 82,043,327 213,500 5,357,500 BP PLC-SPONS ADR SPONSADR 055622104 8,157 174,517 SH SOLE 165,071 9,446 BRISTOL-MYERS SQUIBB CO COMMON 110122108 21,130 908,799 SH SOLE 844,239 64,560 CA INC COMMON 12673P105 198 10,700 SH SOLE 10,700 0 CADENCE DESIGN SYS INC COMMON 127387108 160,563 43,869,800 SH SOLE 41,232,550 70,300 2,566,950 CAPITAL ONE FINANCIAL CORP COMMON 14040H105 1,495,924 46,908,859 SH SOLE 44,487,209 99,200 2,322,450 CARDINAL HEALTH INC COMMON 14149Y108 1,377,637 39,966,262 SH SOLE 37,560,432 96,100 2,309,730 CARMAX INC COMMON 143130102 160,204 20,330,458 SH SOLE 19,215,058 48,700 1,066,700 CATERPILLAR INC COMMON 149123101 7,819 175,033 SH SOLE 169,833 5,200 CEMEX SAB-SPONS ADR PART CER SPONSADR 151290889 500,766 54,788,431 SH SOLE 53,660,998 47,150 1,080,283 CHEVRON CORP COMMON 166764100 1,262,199 17,063,657 SH SOLE 15,977,863 39,961 1,045,833 CHUBB CORP COMMON 171232101 25,986 509,539 SH SOLE 474,139 35,400 CIGNA CORP COMMON 125509109 2,204 130,792 SH SOLE 124,292 6,500 CIT GROUP INC COMMON 125581108 87 19,200 SH SOLE 19,200 0 CITIGROUP INC COMMON 172967101 590,059 87,937,191 SH SOLE 83,178,675 198,800 4,559,716 CITRIX SYSTEMS INC COMMON 177376100 464,014 19,686,639 SH SOLE 18,555,239 47,100 1,084,300 COCA-COLA CO/THE COMMON 191216100 1,878 41,492 SH SOLE 41,492 0 COLGATE-PALMOLIVE CO COMMON 194162103 822 12,000 SH SOLE 12,000 0 COMCAST CORP-CL A CL A 20030N101 3,093,506 183,264,565 SH SOLE 172,694,866 426,998 142,701 COMCAST CORP-SPECIAL CL A CL A SP 20030N200 1,371 84,863 SH SOLE 74,102 10,761 COMPUTER SCIENCES CORP COMMON 205363104 880,524 25,057,590 SH SOLE 23,538,590 62,600 1,456,400 COMPUWARE CORP COMMON 205638109 319,907 47,393,677 SH SOLE 43,749,677 134,400 3,509,600 CONOCOPHILLIPS COMMON 20825C104 26,622 513,936 SH SOLE 500,836 13,100 CORNING INC COMMON 219350105 401 42,100 SH SOLE 42,100 0 COVIDIEN LTD COMMON G2552X108 464,279 12,811,219 SH SOLE 11,932,669 36,425 842,125 CREDIT SUISSE GROUP-SPON ADR SPONSADR 225401108 226,064 7,999,437 SH SOLE 7,565,287 19,000 415,150 CSX CORP COMMON 126408103 770 23,700 SH SOLE 23,700 0 CVS CAREMARK CORP COMMON 126650100 201 7,000 SH SOLE 7,000 0 DEERE & CO COMMON 244199105 2,663 69,494 SH SOLE 68,794 700 DISH NETWORK CORP-A CL A 25470M109 125,091 11,279,628 SH SOLE 10,593,336 27,900 658,392 DOMINION RESOURCES INC/VA COMMON 25746U109 491 13,698 SH SOLE 13,698 0 DOMTAR CORP COMMON 257559104 55,366 33,153,494 SH SOLE 31,211,094 56,600 1,885,800 DOW CHEMICAL COMMON 260543103 820,146 54,350,284 SH SOLE 50,965,169 133,128 3,251,987 DU PONT (E.I.) DE NEMOURS COMMON 263534109 1,795 70,933 SH SOLE 70,933 0 DUKE ENERGY CORP COMMON 26441C105 5,901 393,134 SH SOLE 385,134 8,000 DUN & BRADSTREET CORP COMMON 26483E100 477 6,175 SH SOLE 6,175 0 EATON CORP COMMON 278058102 66,030 1,328,308 SH SOLE 1,195,308 7,500 125,500 EBAY INC COMMON 278642103 594,305 42,571,995 SH SOLE 39,982,995 96,800 2,492,200 ECOLAB INC COMMON 278865100 211 6,000 SH SOLE 6,000 0 ELI LILLY & CO COMMON 532457108 2,618 65,015 SH SOLE 64,915 100 EMERSON ELECTRIC CO COMMON 291011104 1,125 30,735 SH SOLE 30,735 0 ENCANA CORP COMMON 292505104 1,125 24,195 SH SOLE 22,123 2,072 EQUITY RESIDENTIAL COMMON 29476L107 1,715 57,500 SH SOLE 57,500 0 ERICSSON (LM) TEL-SP ADR SPONSADR 294821608 321,612 41,179,480 SH SOLE 37,674,180 109,200 3,396,100 EXPEDITORS INTL WASH INC COMMON 302130109 423 12,700 SH SOLE 12,700 0 EXXON MOBIL CORP COMMON 30231G102 30,539 382,550 SH SOLE 381,382 1,168 FEDEX CORP COMMON 31428X106 1,384,828 21,587,338 SH SOLE 20,282,796 54,500 1,250,042 FIRST MIDWEST BANCORP INC/IL COMMON 320867104 210 10,534 SH SOLE 10,534 0 FIRSTENERGY CORP COMMON 337932107 2,492 51,300 SH SOLE 31,900 19,400 FLUOR CORP COMMON 343412102 1,569 34,977 SH SOLE 34,977 0 FPL GROUP INC COMMON 302571104 2,221 44,133 SH SOLE 39,133 5,000 GAP INC/THE COMMON 364760108 6,565 490,300 SH SOLE 490,300 0 GENERAL ELECTRIC CO COMMON 369604103 1,574,294 97,178,629 SH SOLE 91,511,847 226,600 5,440,182 GENERAL MILLS INC COMMON 370334104 443 7,300 SH SOLE 7,300 0 GENUINE PARTS CO COMMON 372460105 201,211 5,314,604 SH SOLE 5,029,942 8,000 276,662 GENWORTH FINANCIAL INC-CL A CL A 37247D106 35,536 12,557,040 SH SOLE 11,757,140 40,800 759,100 GLAXOSMITHKLINE PLC-SPON ADR SPONSADR 37733W105 2,552,863 68,496,452 SH SOLE 65,850,500 115,200 2,530,752 GRUPO TELEVISA SA-SPONS ADR SPONSADR 40049J206 492,153 32,941,996 SH SOLE 32,941,996 0 HALLIBURTON CO COMMON 406216101 247 13,600 SH SOLE 13,600 0 HEALTH MGMT ASSOCIATES INC-A CL A 421933102 45,198 25,250,417 SH SOLE 23,944,517 63,800 1,242,100 HESS CORP COMMON 42809H107 1,552 28,927 SH SOLE 28,927 0 HEWLETT-PACKARD CO COMMON 428236103 2,999,772 82,661,118 SH SOLE 77,948,390 190,826 4,521,902 HITACHI LTD -SPONS ADR SPONSADR 433578507 491,487 12,557,154 SH SOLE 11,932,754 25,050 599,350 HOME DEPOT INC COMMON 437076102 1,050,121 45,617,766 SH SOLE 42,677,866 119,300 2,820,600 HONDA MOTOR CO LTD-SPONS ADR SPONSADR 438128308 340,860 15,972,816 SH SOLE 15,969,116 3,700 HONEYWELL INTERNATIONAL INC COMMON 438516106 871 26,526 SH SOLE 26,526 0 HSBC HOLDINGS PLC-SPONS ADR SPONSADR 404280406 428,321 8,800,518 SH SOLE 8,321,277 21,585 457,655 ICICI BANK LTD-SPON ADR ADR 45104G104 85,283 4,430,300 SH SOLE 4,430,300 0 IMS HEALTH INC COMMON 449934108 544 35,900 SH SOLE 35,900 0 INTERNATIONAL PAPER CO COMMON 460146103 486 41,215 SH SOLE 41,215 0 INTERPUBLIC GROUP OF COS INC COMMON 460690100 161,228 40,714,118 SH SOLE 37,975,918 117,300 2,620,900 INTL BUSINESS MACHINES CORP COMMON 459200101 17,925 212,987 SH SOLE 199,747 13,240 ISHARES MSCI EAFE INDEX FUND MSCIEAFEIDX 464287465 520 11,600 SH SOLE 11,600 0 ISHARES RUSSELL 1000 VALUE RUSS1000VA 464287598 3,603 72,760 SH SOLE 72,760 0 ISHARES S&P 500 INDEX FUND S&P500IDX 464287200 1,445 16,000 SH SOLE 16,000 0 JOHNSON & JOHNSON COMMON 478160104 5,548 92,733 SH SOLE 76,133 16,600 JPMORGAN CHASE & CO COMMON 46625H100 4,206 133,403 SH SOLE 128,223 5,180 KIMBERLY-CLARK CORP COMMON 494368103 770 14,609 SH SOLE 14,609 0 KRAFT FOODS INC-CLASS A CL A 50075N104 533 19,846 SH SOLE 17,300 2,546 KYOCERA CORP -SPONS ADR SPONSADR 501556203 391,445 5,408,934 SH SOLE 5,123,574 13,300 272,060 LEGG MASON INC COMMON 524901105 191,471 8,738,974 SH SOLE 8,168,624 24,900 545,450 LIBERTY GLOBAL INC-A COMSERA 530555101 74,585 4,684,982 SH SOLE 4,493,582 9,300 182,100 LIBERTY GLOBAL INC-SERIES C COMSERC 530555309 109,694 7,226,221 SH SOLE 7,016,821 10,100 199,300 LIBERTY MEDIA CORP-ENT SER A ENTCOMSERA 53071M500 163,283 9,341,131 SH SOLE 8,553,751 41,312 746,068 LIBERTY MEDIA-INTERACTIVE A INTCOMSERA 53071M104 160,781 51,532,346 SH SOLE 48,269,811 146,275 3,116,260 LOEWS CORP COMMON 540424108 224,909 7,961,375 SH SOLE 7,452,516 10,559 498,300 MACY'S INC COMMON 55616P104 238,242 23,018,524 SH SOLE 21,271,833 63,390 1,683,301 MARSH & MCLENNAN COS COMMON 571748102 735 30,300 SH SOLE 30,300 0 MASCO CORP COMMON 574599106 9,295 835,116 SH SOLE 659,816 175,300 MAXIM INTEGRATED PRODUCTS COMMON 57772K101 486,122 42,567,600 SH SOLE 39,913,100 102,900 2,551,600 MCDONALD'S CORP COMMON 580135101 51,506 828,208 SH SOLE 703,358 124,850 MEDTRONIC INC COMMON 585055106 324 10,300 SH SOLE 10,300 0 MERCK & CO. INC. COMMON 589331107 1,102 36,259 SH SOLE 36,259 0 MICROSOFT CORP COMMON 594918104 495 25,470 SH SOLE 25,470 0 MOLEX INC COMMON 608554101 56,766 3,917,577 SH SOLE 3,794,377 400 122,800 MOLEX INC -CL A CL A 608554200 221,102 17,073,511 SH SOLE 15,706,906 53,501 1,313,104 MOODY'S CORP COMMON 615369105 424 21,100 SH SOLE 21,100 0 MOTOROLA INC COMMON 620076109 1,456,162 328,704,673 SH SOLE 313,364,836 646,200 4,693,637 NCR CORPORATION COMMON 62886E108 2,314 163,618 SH SOLE 163,618 0 NET SERVICOS DE COM-PR ADR SPONSADR 64109T201 123,741 21,261,340 SH SOLE 21,261,340 0 NEWS CORP-CL A CL A 65248E104 1,978,960 217,707,405 SH SOLE 207,540,505 431,700 9,735,200 NIKE INC -CL B CL B 654106103 765 15,000 SH SOLE 15,000 0 NISOURCE INC COMMON 65473P105 123 11,200 SH SOLE 11,200 0 NOKIA CORP-SPON ADR SPONSADR 654902204 172 11,000 SH SOLE 11,000 0 NORFOLK SOUTHERN CORP COMMON 655844108 836 17,772 SH SOLE 17,772 0 NORTEL NETWORKS CORP COMMON 656568508 3,928 15,105,986 SH SOLE 15,105,986 0 NORTHERN TRUST CORP COMMON 665859104 417 8,000 SH SOLE 8,000 0 NOVARTIS AG-ADR SPONSADR 66987V109 3,452,545 69,383,950 SH SOLE 67,356,250 104,100 1,923,600 NUCOR CORP COMMON 670346105 4,407 95,400 SH SOLE 95,400 0 OCCIDENTAL PETROLEUM CORP COMMON 674599105 1,530,837 25,518,204 SH SOLE 23,997,864 60,000 1,460,340 PACIFIC CAPITAL BANCORP COMMON 69404P101 490 29,040 SH SOLE 29,040 0 PANASONIC CORP-SPON ADR SPONSADR 69832A205 955,175 76,782,568 SH SOLE 72,603,218 183,300 3,996,050 PARKER HANNIFIN CORP COMMON 701094104 610 14,348 SH SOLE 11,348 3,000 PEPSICO INC COMMON 713448108 627 11,445 SH SOLE 11,445 0 PETROLEO BRASILEIRO-SPON ADR SPONSADR 71654V101 251,586 12,326,600 SH SOLE 12,326,600 0 PFIZER INC COMMON 717081103 1,416,769 79,998,236 SH SOLE 75,603,628 199,241 4,195,367 PHILIP MORRIS INTERNATIONAL COMMON 718172109 1,728 39,726 SH SOLE 35,726 4,000 PHILIPS ELECTRONICS-NY SHR NYREGSH 500472303 112,735 5,673,611 SH SOLE 5,177,023 19,700 476,888 PITNEY BOWES INC COMMON 724479100 472,707 18,552,096 SH SOLE 17,418,696 38,600 1,094,800 PNC FINANCIAL SERVICES GROUP COMMON 693475105 1,993 40,667 SH SOLE 40,667 0 PPG INDUSTRIES INC COMMON 693506107 1,557 36,700 SH SOLE 36,700 0 PRAXAIR INC COMMON 74005P104 356 6,000 SH SOLE 6,000 0 PROCTER & GAMBLE CO COMMON 742718109 16,640 269,175 SH SOLE 267,675 1,500 PROGRESS ENERGY INC COMMON 743263105 464 11,650 SH SOLE 11,650 0 QUALCOMM INC COMMON 747525103 518 14,464 SH SOLE 14,464 0 RIO TINTO PLC-SPON ADR SPONSADR 767204100 2,472 27,800 SH SOLE 27,800 0 ROHM AND HAAS CO COMMON 775371107 15,112 244,564 SH SOLE 244,564 0 ROYAL DUTCH SHELL PLC-ADR SPONSADRA 780259206 708,973 13,392,003 SH SOLE 12,774,007 32,400 585,596 ROYAL DUTCH SHELL PLC-ADR SPONSADRB 780259107 469,976 9,138,172 SH SOLE 9,138,172 0 SADIA SA-ADR SPADRPFD 786326108 80,685 16,466,401 SH SOLE 16,466,401 0 SANOFI-AVENTIS-ADR SPONSADR 80105N105 2,074,680 64,511,199 SH SOLE 61,329,699 161,600 3,019,900 SCHERING-PLOUGH CORP COMMON 806605101 7,241 425,192 SH SOLE 396,192 29,000 SCHLUMBERGER LTD COMMON 806857108 1,951,243 46,095,983 SH SOLE 44,453,383 46,350 1,596,250 SHAW COMMUNICATIONS INC-B CL BCONV 82028K200 707 40,000 SH SOLE 40,000 0 SHERWIN-WILLIAMS CO/THE COMMON 824348106 274,471 4,593,649 SH SOLE 4,277,949 12,300 303,400 SHINHAN FINANCIAL GROUP-ADR SPADRRESTRD 824596100 222,527 4,718,564 SH SOLE 4,718,564 0 SIGMA-ALDRICH COMMON 826552101 1,415 33,510 SH SOLE 33,510 0 SLM CORP COMMON 78442P106 408,383 45,885,727 SH SOLE 43,354,227 113,100 2,418,400 SONY CORP-SPONSORED ADR SPONSADR 835699307 1,215,013 55,556,128 SH SOLE 52,708,828 132,400 2,714,900 SPDR TRUST SERIES 1 UNIT SER1 78462F103 4,557 50,500 SH SOLE 50,500 0 SPECTRA ENERGY CORP COMMON 847560109 1,302 82,701 SH SOLE 81,951 750 SPRINT NEXTEL CORP COMMON 852061100 357,656 195,440,413 SH SOLE 184,526,913 438,700 474,800 STATE STREET CORP COMMON 857477103 755 19,200 SH SOLE 19,200 0 STATOILHYDRO ASA-SPON ADR SPONSADR 85771P102 162,601 9,759,989 SH SOLE 9,759,989 0 STRYKER CORP COMMON 863667101 619 15,500 SH SOLE 15,500 0 SUN MICROSYSTEMS INC COMMON 866810203 75,671 19,809,168 SH SOLE 18,728,593 69,350 1,011,225 SYNOPSYS INC COMMON 871607107 254,633 13,749,069 SH SOLE 12,838,369 34,400 876,300 SYSCO CORP COMMON 871829107 560 24,418 SH SOLE 24,418 0 TARGET CORP COMMON 87612E106 12,395 358,967 SH SOLE 346,167 12,800 TELEFONICA SA-SPON ADR SPONSADR 879382208 575,605 8,541,400 SH SOLE 8,541,400 0 TELEKOMUNIK INDONESIA-SP ADR SPONSADR 715684106 263,502 10,510,647 SH SOLE 10,510,647 0 TERADATA CORP COMMON 88076W103 2,220 149,718 SH SOLE 149,718 0 TEXAS INSTRUMENTS INC COMMON 882508104 342 22,065 SH SOLE 18,065 4,000 THERMO FISHER SCIENTIFIC INC COMMON 883556102 10,823 317,673 SH SOLE 276,073 41,600 THOMSON (EX-TMM)-SPON ADR SPONSADR 885118109 13,188 9,768,865 SH SOLE 9,271,065 22,300 475,500 TIME WARNER INC COMMON 887317105 1,926,946 191,545,308 SH SOLE 180,799,408 447,200 298,700 TORCHMARK CORP COMMON 891027104 516 11,550 SH SOLE 11,550 0 TRAVELERS COS INC/THE COMMON 89417E109 616,317 13,635,342 SH SOLE 12,766,672 36,900 831,770 TYCO ELECTRONICS LTD COMMON G9144P105 446,917 27,570,442 SH SOLE 26,240,692 68,225 1,261,525 TYCO INTERNATIONAL LTD COMMON G9143X208 342,672 15,864,458 SH SOLE 14,934,033 33,825 896,600 ULTRAPAR PARTICPAC-SPON ADR SPADRREPPFD 90400P101 141,018 6,270,252 SH SOLE 6,270,252 0 UNILEVER N V -NY SHARES NY SH 904784709 12,874 524,411 SH SOLE 474,411 50,000 UNION PACIFIC CORP COMMON 907818108 43,764 915,566 SH SOLE 844,786 70,780 UNITED TECHNOLOGIES CORP COMMON 913017109 1,410 26,312 SH SOLE 26,312 0 UNITEDHEALTH GROUP INC COMMON 91324P102 1,393,740 52,396,231 SH SOLE 49,501,601 128,200 2,766,430 UNUM GROUP COMMON 91529Y106 1,324 71,200 SH SOLE 71,200 0 US BANCORP COMMON 902973304 375 14,981 SH SOLE 14,981 0 VERIZON COMMUNICATIONS INC COMMON 92343V104 305 9,008 SH SOLE 9,008 0 VF CORP COMMON 918204108 1,581 28,875 SH SOLE 26,875 2,000 VODAFONE GROUP PLC-SP ADR SPONSADR 92857W209 7,378 360,978 SH SOLE 360,978 0 VULCAN MATERIALS CO COMMON 929160109 236,612 3,400,573 SH SOLE 3,066,073 16,500 318,000 WACHOVIA CORP COMMON 929903102 563,629 101,738,128 SH SOLE 96,112,765 237,883 5,387,480 WAL-MART STORES INC COMMON 931142103 1,451,643 25,894,452 SH SOLE 24,711,202 63,300 1,119,950 WALGREEN CO COMMON 931422109 271,334 10,998,521 SH SOLE 10,011,921 42,200 944,400 WALT DISNEY CO/THE COMMON 254687106 958 42,241 SH SOLE 35,641 6,600 WELLPOINT INC COMMON 94973V107 1,811,882 43,006,923 SH SOLE 40,494,823 106,400 2,405,700 WELLS FARGO & CO COMMON 949746101 1,364,052 46,270,436 SH SOLE 43,542,214 110,600 2,617,622 WEYERHAEUSER CO COMMON 962166104 337 11,011 SH SOLE 11,011 0 WHIRLPOOL CORP COMMON 963320106 1,331 32,200 SH SOLE 29,700 2,500 WHITE MOUNTAINS INSURANCE GP COMMON G9618E107 401 1,500 SH SOLE 1,500 0 WILEY (JOHN) & SONS -CL A CL A 968223206 690 19,400 SH SOLE 19,400 0 WISCONSIN ENERGY CORP COMMON 976657106 462 11,000 SH SOLE 11,000 0 WYETH COMMON 983024100 1,015,709 27,078,351 SH SOLE 25,681,701 64,600 1,332,050 XEROX CORP COMMON 984121103 851,140 106,793,001 SH SOLE 100,613,195 245,800 5,934,006 3M CO COMMON 88579Y101 2,962 51,475 SH SOLE 51,475 0
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