-----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, COOQ9JBvzl5nNEmxvKIbjz5VhecVUNCUlTWmkV7PYoKMyumPkZIMixDrS6wYyCQZ km+b/uVdwAjyVibuFAiSCA== 0001193125-05-165372.txt : 20050812 0001193125-05-165372.hdr.sgml : 20050812 20050811175404 ACCESSION NUMBER: 0001193125-05-165372 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050630 FILED AS OF DATE: 20050812 DATE AS OF CHANGE: 20050811 EFFECTIVENESS DATE: 20050812 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: 051018414 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 DODGE & COX FUNDS HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/05 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 8/12/05 - -------------------------- ----------------------------- ------------------- [Signature] [City, State] [Date] 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: 240 Form 13F Information Table Value Total: 88,308,662 (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 4,619 94,250 SH SOLE 93,920 330 AEGON N V AMERICAN REG SHARE AMEREG 007924103 749,789 58,258,684 SH SOLE 55,747,302 406,926 2,104,455 AETNA INC - NEW COMMON 00817Y108 812 9,800 SH SOLE 9,800 0 AFLAC INC. COMMON 001055102 513 11,845 SH SOLE 11,845 0 AGILENT TECHNOLOGIES INC COMMON 00846U101 650 28,234 SH SOLE 22,972 5,262 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 3,538 58,668 SH SOLE 51,918 6,750 AKZO NOBEL NV - SPON ADR COMMON 010199305 1,334,041 33,953,701 SH SOLE 32,065,771 369,430 1,518,500 ALCOA INC COMMON 013817101 210,578 8,058,862 SH SOLE 7,521,621 93,600 443,641 ALLERGAN INC COMMON 018490102 280 3,282 SH SOLE 3,282 0 ALLSTATE CORP COMMON 020002101 889 14,874 SH SOLE 13,560 1,314 ALTRIA GROUP INC COMMON 02209S103 3,382 52,300 SH SOLE 47,300 5,000 AMBAC FINL GROUP INC COMMON 023139108 606 8,683 SH SOLE 8,683 0 AMERADA HESS CORP COMMON 023551104 736,974 6,919,290 SH SOLE 6,485,730 71,100 362,460 AMEREN CORP COMMON 023608102 2,231 40,350 SH SOLE 40,350 0 AMERICAN ELEC POWER CO INC COMMON 025537101 619,084 16,790,990 SH SOLE 15,533,552 196,340 1,061,098 AMERICAN EXPRESS COMPANY COMMON 025816109 29,834 560,477 SH SOLE 518,831 41,646 AMERICAN INTERNATIONAL GROUP COMMON 026874107 9,225 158,774 SH SOLE 143,207 15,567 AMERICAN POWER CONVERSION COR COMMON 029066107 216,120 9,161,500 SH SOLE 8,615,200 113,900 432,400 AMSOUTH BANCORPORATION COMMON 032165102 254 9,769 SH SOLE 9,769 0 ANADARKO PETROLEUM CORP COMMON 032511107 10,158 123,651 SH SOLE 120,019 3,632 ANHEUSER-BUSCH COS INC COMMON 035229103 940 20,552 SH SOLE 20,552 0 AON CORP COMMON 037389103 276 11,024 SH SOLE 11,024 0 ARCHER-DANIELS MIDLAND COMMON 039483102 5,642 263,886 SH SOLE 251,759 12,127 AT&T CORP COMMON 001957505 492,723 25,878,290 SH SOLE 24,063,890 279,180 1,535,220 AUTOMATIC DATA PROCESSING INC COMMON 053015103 630 15,020 SH SOLE 13,220 1,800 AVAYA INC COMMON 053499109 472,910 56,840,148 SH SOLE 53,745,048 524,600 2,570,500 B W C FINANCIAL CORP COMMON 056042104 354 13,764 SH SOLE 13,764 0 BAKER HUGHES INC COMMON 057224107 1,000,714 19,560,476 SH SOLE 18,267,726 200,700 1,092,050 BANK OF AMERICA CORP COMMON 060505104 26,118 572,642 SH SOLE 519,240 53,402 BANK OF NEW YORK INC COMMON 064057102 524 18,220 SH SOLE 18,220 0 BAXTER INTERNATIONAL INC COMMON 071813109 548 14,782 SH SOLE 14,782 0 BAYER AG - SPONSORED ADR COMMON 072730302 8,270 248,500 SH SOLE 235,300 13,200 BB&T CORP COMMON 054937107 288 7,206 SH SOLE 7,206 0 BECTON DICKINSON & CO COMMON 075887109 466,766 8,895,857 SH SOLE 8,261,607 95,400 538,850 BELLSOUTH CORP COMMON 079860102 485 18,270 SH SOLE 17,910 360 BERKSHIRE HATHAWAY INC DEL CL A 084670108 501 6 SH SOLE 6 0 BERKSHIRE HATHAWAY, INC CLASS CL B 084670207 4,768 1,713 SH SOLE 1,367 346 BJ SVCS CO COMMON 055482103 335 6,375 SH SOLE 6,375 0 BMC SOFTWARE COMMON 055921100 494,108 27,526,900 SH SOLE 26,030,000 226,500 1,270,400 BOEING CO COMMON 097023105 1,420 21,510 SH SOLE 21,510 0 BP PLC SPONS ADR COMMON 055622104 19,340 310,041 SH SOLE 292,405 17,636 BRISTOL-MYERS SQUIBB CO COMMON 110122108 416,064 16,655,901 SH SOLE 15,488,361 218,200 949,340 BURLINGTON RESOURCES, INC. COMMON 122014103 645 11,676 SH SOLE 11,676 0 C S X CORP COMMON 126408103 695 16,300 SH SOLE 16,300 0 CADENCE DESIGN SYSTEM INC COMMON 127387108 229 16,800 SH SOLE 16,800 0 CANADIAN PACIFIC RAILWAY LTD COMMON 13645T100 746 21,616 SH SOLE 21,616 0 CAPITAL ONE FINANCIAL COMMON 14040H105 1,701,480 21,265,845 SH SOLE 19,888,395 225,700 1,151,750 CARDINAL HEALTH INC COMMON 14149Y108 2,250,968 39,092,873 SH SOLE 36,721,173 393,200 1,978,500 CATELLUS DEVELOPMENT CORP (NE COMMON 149113102 812 24,762 SH SOLE 24,762 0 CATERPILLAR INC COMMON 149123101 17,002 178,388 SH SOLE 158,814 19,574 CHEVRON CORP COMMON 166764100 1,561,239 27,919,152 SH SOLE 25,981,618 301,500 1,636,034 CHUBB CORP COMMON 171232101 966,128 11,285,222 SH SOLE 10,541,772 136,500 606,950 CIGNA CORP COMMON 125509109 11,622 108,585 SH SOLE 98,785 9,800 CISCO SYSTEMS COMMON 17275R102 260 13,600 SH SOLE 13,600 0 CIT GROUP INC COMMON 125581108 671,284 15,622,153 SH SOLE 14,732,453 151,100 738,600 CITIGROUP INC COMMON 172967101 1,023,433 22,137,862 SH SOLE 20,861,218 187,500 1,089,144 CNH GLOBAL N.V. COMMON N20935206 20,940 1,108,520 SH SOLE 1,108,520 0 COCA COLA CO COMMON 191216100 2,500 59,882 SH SOLE 59,552 330 COLGATE-PALMOLIVE CO COMMON 194162103 349 7,000 SH SOLE 7,000 0 COMCAST CORP CL A CL A 20030N101 2,686,614 87,511,844 SH SOLE 82,451,357 876,745 4,183,742 COMCAST CORP-SPECIAL CL A CLASPL 20030N200 2,071 69,139 SH SOLE 69,139 0 COMPUTER ASSOC INTL INC COMMON 204912109 690 25,100 SH SOLE 25,100 0 COMPUTER SCIENCES CORP COMMON 205363104 1,070,460 24,495,657 SH SOLE 23,031,057 245,600 1,219,000 COMPUWARE CORP COMMON 205638109 360,846 50,187,142 SH SOLE 45,665,642 750,600 3,770,900 CONOCOPHILLIPS COMMON 20825C104 1,294,430 22,515,742 SH SOLE 21,042,270 236,800 1,236,672 CONSOLIDATED EDISON INC COMMON 209115104 264 5,626 SH SOLE 5,626 0 CORNING INC COMMON 219350105 2,607 156,842 SH SOLE 156,842 0 CVS CORP COMMON 126650100 314 10,800 SH SOLE 10,800 0 DEERE & CO COMMON 244199105 13,640 208,279 SH SOLE 184,129 24,150 DELPHI CORP COMMON 247126105 344,028 73,984,593 SH SOLE 69,038,113 766,650 4,179,830 DIAGEO PLC-SPONSORED ADR SPNADR 25243Q205 581 9,800 SH SOLE 9,800 0 DILLARD'S INC CLASS A CL A 254067101 244,196 10,426,805 SH SOLE 9,780,155 135,600 511,050 DOMINION RESOURCES INC VA COMMON 25746U109 1,101 15,004 SH SOLE 13,824 1,180 DOW CHEMICAL CO COMMON 260543103 1,612,031 36,201,000 SH SOLE 33,834,824 368,328 1,997,848 DUKE ENERGY CORP COMMON 264399106 1,364,729 45,904,116 SH SOLE 43,043,862 470,600 2,389,654 DUN & BRADSTREET CORP COMMON 26483E100 3,161 51,275 SH SOLE 51,275 0 E I DU PONT DE NEMOURS & CO COMMON 263534109 4,587 106,656 SH SOLE 101,794 4,862 EASTMAN KODAK CO COMMON 277461109 3,311 123,325 SH SOLE 121,525 1,800 ELECTRONIC DATA SYSTEMS COMMON 285661104 1,292,894 67,163,319 SH SOLE 62,985,619 659,000 3,518,700 ELI LILLY & CO COMMON 532457108 4,809 86,325 SH SOLE 85,025 1,300 EMC CORP MASS COMMON 268648102 236 17,200 SH SOLE 17,200 0 EMERSON ELECTRIC CO COMMON 291011104 319 5,100 SH SOLE 5,100 0 ENCANA CORP COMMON 292505104 2,293 57,915 SH SOLE 51,007 6,908 ENGELHARD CORP COMMON 292845104 453,622 15,888,682 SH SOLE 14,869,482 159,900 859,300 EQUITY OFFICE PROPERTIES TRUS COMMON 294741103 1,428,011 43,142,318 SH SOLE 40,438,618 435,200 2,268,500 EQUITY RESIDENTIAL SH BEN 29476L107 776,810 21,097,501 SH SOLE 19,664,050 240,000 1,193,451 EXELON CORPORATION COMMON 30161N101 1,174 22,864 SH SOLE 22,864 0 EXXON MOBIL CORPORATION COMMON 30231G102 36,387 633,150 SH SOLE 623,382 9,768 FANNIE MAE COMMON 313586109 577 9,883 SH SOLE 9,883 0 FEDERATED DEPARTMENT STORES I COMMON 31410H101 813 11,100 SH SOLE 11,100 0 FEDEX CORP COMMON 31428X106 1,416,026 17,479,643 SH SOLE 16,462,751 164,600 852,292 FIAT SPA - SPONS ADR COMMON 315621888 35,717 4,960,700 SH SOLE 4,960,700 0 FIRST MIDWEST BANCORP INC COMMON 320867104 441 12,534 SH SOLE 12,534 0 FIRSTENERGY CORP COMMON 337932107 415,454 8,635,500 SH SOLE 8,031,800 103,400 500,300 FLUOR CORP (NEW) COMMON 343412102 578,642 10,047,615 SH SOLE 9,476,965 125,700 444,950 FOMENTO ECONOMICO MEX-SP ADR SPNADR 344419106 161,676 2,714,058 SH SOLE 2,714,058 0 FORD MOTOR CO COMMON 345370860 167 16,303 SH SOLE 16,303 0 FPL GROUP INC COMMON 302571104 6,805 161,782 SH SOLE 153,014 8,768 FREESCALE SEMICONDUCTOR-A COMMON 35687M107 242,491 11,541,700 SH SOLE 10,853,500 114,500 573,700 FREESCALE SEMICONDUCTOR-B COMMON 35687M206 72,173 3,407,594 SH SOLE 3,179,133 37,594 190,867 GENERAL ELECTRIC CO COMMON 369604103 39,276 1,133,499 SH SOLE 1,075,109 58,390 GENERAL MILLS INC COMMON 370334104 487 10,400 SH SOLE 10,400 0 GENERAL MOTORS CORP COMMON 370442105 296 8,700 SH SOLE 8,300 400 GENUINE PARTS CO COMMON 372460105 847,822 20,633,288 SH SOLE 19,188,951 223,500 1,220,837 GENWORTH FINANCIAL COMMON 37247D106 486,491 16,093,000 SH SOLE 15,144,000 166,300 782,700 GILLETTE COMPANY COMMON 375766102 1,049 20,710 SH SOLE 20,710 0 GLAXOSMITHKLINE PLC ADR COMMON 37733W105 1,455,452 30,003,141 SH SOLE 28,461,965 273,200 1,267,976 GOLDEN WEST FINANCIAL CORP COMMON 381317106 1,274,821 19,801,501 SH SOLE 18,375,901 230,000 1,195,600 GUIDANT CORP COMMON 401698105 337 5,000 SH SOLE 5,000 0 HALLIBURTON CO COMMON 406216101 2,214 46,300 SH SOLE 39,600 6,700 HARLEY DAVIDSON INC COMMON 412822108 223 4,500 SH SOLE 4,500 0 HARTFORD FINANCIAL SVCS GRP COMMON 416515104 868 11,609 SH SOLE 9,109 2,500 HCA INC COMMON 404119109 2,210,772 39,011,331 SH SOLE 36,699,381 405,100 1,906,850 HEWLETT PACKARD CO COMMON 428236103 2,999,149 127,569,089 SH SOLE 119,731,256 1,295,272 6,542,561 HITACHI LTD-ADR ADR10C 433578507 116,715 1,925,350 SH SOLE 1,691,150 34,000 200,200 HOME DEPOT INC COMMON 437076102 1,328 34,140 SH SOLE 34,140 0 HONDA MOTOR CO LTD - SPON ADR AMERN 438128308 550,806 22,381,400 SH SOLE 21,346,700 189,900 844,800 HONEYWELL INTERNATIONAL INC COMMON 438516106 2,003 54,683 SH SOLE 48,308 6,375 IMS HEALTH INC COMMON 449934108 3,257 131,500 SH SOLE 131,500 0 INGERSOLL RAND CO LTD CLASS A CL A G4776G101 517 7,252 SH SOLE 7,252 0 INTEL CORP COMMON 458140100 229 8,800 SH SOLE 8,800 0 INTERNATIONAL BUSINESS MCH CO COMMON 459200101 22,503 303,269 SH SOLE 270,261 33,008 INTERNATIONAL PAPER CO COMMON 460146103 363,457 12,031,028 SH SOLE 11,344,828 104,100 582,100 INTERPUBLIC GROUP COMPANIES COMMON 460690100 123,360 10,128,100 SH SOLE 9,638,200 81,700 408,200 INTL FLAVORS & FRAGRANCES INC COMMON 459506101 525 14,508 SH SOLE 11,208 3,300 JACOBS ENGR GROUP INC COMMON 469814107 410 7,284 SH SOLE 7,284 0 JOHNSON & JOHNSON COMMON 478160104 6,261 96,325 SH SOLE 91,925 4,400 JPMORGAN CHASE & COMPANY COMMON 46625H100 780,411 22,095,448 SH SOLE 20,689,545 227,204 1,178,699 KIMBERLY CLARK CORP COMMON 494368103 1,210 19,327 SH SOLE 19,327 0 KOOKMIN BANK-SPON ADR COMMON 50049M109 88,785 1,947,900 SH SOLE 1,947,900 0 KT CORP-SP ADR COMMON 48268K101 195,401 9,088,400 SH SOLE 9,088,400 0 LABORATORY CRP OF AMER HLDGS COMNEW 50540R409 250 5,000 SH SOLE 5,000 0 LEHMAN BROTHERS HOLDINGS INC COMMON 524908100 330 3,320 SH SOLE 3,320 0 LG PHILIPS LCD CO LTD- ADR COMMON 50186V102 77,724 3,400,000 SH SOLE 3,400,000 0 LIBERTY MEDIA CORP-A COM A 530718105 663,646 65,127,150 SH SOLE 61,273,850 737,300 3,116,000 LINCOLN NATIONAL CORP COMMON 534187109 280 5,964 SH SOLE 5,964 0 LOCKHEED MARTIN CORP COMMON 539830109 993 15,300 SH SOLE 15,300 0 LOEWS CORP COMMON 540424108 1,057,427 13,644,217 SH SOLE 12,917,467 134,100 592,650 LUBRIZOL CORP COMMON 549271104 104,121 2,478,471 SH SOLE 2,243,621 20,000 214,850 MARSH & MCLENNAN CO COMMON 571748102 918 33,152 SH SOLE 33,152 0 MASCO CORP COMMON 574599106 639,458 20,134,075 SH SOLE 18,610,025 210,200 1,313,850 MATSUSHITA ELEC IND ADR COMMON 576879209 1,772,426 116,760,586 SH SOLE 109,893,186 1,140,100 5,727,300 MAY DEPT STORES CO COMMON 577778103 1,481,521 36,890,462 SH SOLE 34,327,262 415,200 2,148,000 MBIA INC COMMON 55262C100 225,536 3,802,662 SH SOLE 3,526,844 46,750 229,068 MBNA CORP COMMON 55262L100 206 7,863 SH SOLE 7,863 0 MC DONALDS CORP COMMON 580135101 1,925,701 69,394,626 SH SOLE 65,263,060 664,800 3,466,766 MC GRAW-HILL COMPANIES INC COMMON 580645109 755 17,068 SH SOLE 17,068 0 MEDTRONIC INC COMMON 585055106 435 8,400 SH SOLE 8,400 0 MELLON FINANCIAL CORP COMMON 58551A108 2,565 89,400 SH SOLE 75,800 13,600 MERCK & CO INC COMMON 589331107 3,195 103,728 SH SOLE 98,477 5,251 MGIC INVESTMENT CORP COMMON 552848103 548 8,400 SH SOLE 8,400 0 MICROSOFT CORP COMMON 594918104 443 17,825 SH SOLE 17,825 0 MITSUBISHI TOKYO FINANCIAL GR COMMON 606816106 197,219 23,256,900 SH SOLE 23,256,900 0 MOODY'S CORP COMMON 615369105 3,062 68,100 SH SOLE 68,100 0 MOTOROLA INC COMMON 620076109 1,292,403 70,777,802 SH SOLE 66,691,052 618,300 3,468,450 NCR CORP COMMON 62886E108 516,503 14,706,808 SH SOLE 13,787,408 152,800 766,600 NEWS CORP INC CLASS A CL A 65248E104 2,366,418 146,255,776 SH SOLE 138,651,576 1,320,200 6,284,000 NISOURCE INC COMMON 65473P105 675 27,300 SH SOLE 20,300 7,000 NOKIA CORP ADS COMMON 654902204 877 52,675 SH SOLE 52,675 0 NORDSTROM INC COMMON 655664100 22,986 338,184 SH SOLE 312,634 25,550 NORFOLK SOUTHERN CORP COMMON 655844108 1,028 33,199 SH SOLE 28,699 4,500 NORSK HYDRO A/S SPONS ADR COMMON 656531605 198,359 2,186,500 SH SOLE 2,186,500 0 NORTHERN TRUST CORP COMMON 665859104 205 4,500 SH SOLE 4,500 0 NOVA CHEMICALS CORP COMMON 66977W109 276,102 9,034,743 SH SOLE 8,488,003 98,900 447,840 NUCOR CORP COMMON 670346105 10,418 228,360 SH SOLE 228,360 0 OCCIDENTAL PETROLEUM CORP COMMON 674599105 773,584 10,055,692 SH SOLE 9,424,622 100,700 530,370 PARKER-HANNIFIN CORP COMMON 701094104 1,360 21,935 SH SOLE 18,935 3,000 PENNEY (J C) CO COMMON 708160106 523 9,940 SH SOLE 9,940 0 PEPSI BOTTLING GROUP COMMON 713409100 257 9,000 SH SOLE 9,000 0 PEPSICO INC COMMON 713448108 1,131 20,970 SH SOLE 20,970 0 PETROLEO BRASILEIRO S.A. - AD ADRPFD 71654V101 167,848 3,645,700 SH SOLE 3,645,700 0 PFIZER INC COMMON 717081103 1,418,057 51,416,119 SH SOLE 48,597,597 527,521 2,291,001 PHARMACEUTICAL PRODUCT DEVEL COMMON 717124101 851 18,150 SH SOLE 18,150 0 PITNEY BOWES INC COMMON 724479100 532,814 12,234,526 SH SOLE 11,399,676 135,800 699,050 PNC FINANCIAL SERVICES GROUP COMMON 693475105 3,460 63,524 SH SOLE 59,524 4,000 PPG INDUSTRIES INC COMMON 693506107 3,561 56,740 SH SOLE 56,740 0 PRAXAIR INC COMMON 74005P104 559 12,000 SH SOLE 12,000 0 PROCTER & GAMBLE CO COMMON 742718109 20,276 384,377 SH SOLE 355,689 28,688 PROGRESS ENERGY INC COMMON 743263105 1,640 36,250 SH SOLE 27,850 8,400 R R DONNELLEY & SONS CO COMMON 257867101 825 23,900 SH SOLE 10,900 13,000 RIO TINTO PLC-SPON ADR COMMON 767204100 1,105,429 9,066,836 SH SOLE 8,519,246 95,000 452,590 ROHM & HAAS COMMON 775371107 683,875 14,757,772 SH SOLE 13,657,622 174,400 925,750 ROYAL DUTCH PETROLEUM CO NY REG 780257804 670,710 10,334,518 SH SOLE 9,051,790 234,400 1,048,328 SAFECO CORP COMMON 786429100 532,889 9,806,561 SH SOLE 9,211,761 106,400 488,400 SANOFI-AVENTIS ADR SPNADR 80105N105 733,977 17,906,242 SH SOLE 16,974,442 191,100 740,700 SBC COMMUNICATIONS, INC COMMON 78387G103 2,559 107,744 SH SOLE 104,411 3,333 SCHERING-PLOUGH CORP COMMON 806605101 1,375,249 72,153,671 SH SOLE 67,316,833 734,500 4,102,338 SCHLUMBERGER LTD COMMON 806857108 616,017 8,111,887 SH SOLE 7,746,187 66,100 299,600 SCOTTISH POWER & LIGHT PLC AD COMMON 81013T705 364,347 10,234,466 SH SOLE 9,773,566 113,000 347,900 SHELL TRANSPORT & TRADING ADR ADR NY 822703609 915,897 15,775,000 SH SOLE 15,775,000 0 SIGMA-ALDRICH CORP COMMON 826552101 1,121 20,000 SH SOLE 20,000 0 SONY CORP ADR COMMON 835699307 2,003,955 58,186,846 SH SOLE 55,119,446 510,300 2,557,100 SOUTHERN CO COMMON 842587107 267 7,700 SH SOLE 7,700 0 SOVEREIGN BANCORP INC COMMON 845905108 650 29,100 SH SOLE 29,100 0 ST PAUL TRAVELERS COMPANIES I COMMON 792860108 1,681,148 42,528,409 SH SOLE 40,038,789 393,900 2,095,720 STATE STREET CORP COMMON 857477103 767 15,900 SH SOLE 15,900 0 STORAGE TECHNOLOGY COMMON 862111200 530,862 14,628,333 SH SOLE 13,790,683 131,200 706,450 STRYKER CORP COMMON 863667101 545 11,450 SH SOLE 11,450 0 SUNTRUST BANKS INC COMMON 867914103 398 5,516 SH SOLE 5,516 0 SYNGENTA AG - ADR COMMON 87160A100 454,151 22,273,200 SH SOLE 20,929,100 241,300 1,102,800 SYSCO CORP COMMON 871829107 949 26,224 SH SOLE 26,224 0 TARGET CORP COMMON 87612E106 32,406 595,589 SH SOLE 556,222 39,367 TEVA PHARMACEUTICAL INDS. LTD COMMON 881624209 385 12,350 SH SOLE 12,350 0 TEXAS INSTRUMENTS INC COMMON 882508104 3,821 136,110 SH SOLE 102,910 33,200 THE GAP INC COMMON 364760108 410,177 20,768,450 SH SOLE 19,280,450 244,300 1,243,700 THERMO ELECTRON COMMON 883556102 527,352 19,626,034 SH SOLE 18,233,284 195,700 1,197,050 THOMSON ADR SPNADR 885118109 216,266 9,029,900 SH SOLE 8,538,700 100,700 390,500 TIME WARNER INC COMMON 887317105 2,170,607 129,898,660 SH SOLE 122,711,460 1,215,200 5,972,000 TORCHMARK CORP COMMON 891027104 265,115 5,078,834 SH SOLE 4,928,634 50,700 99,500 TOTAL S.A. SPON ADRS COMMON 89151E109 326 2,791 SH SOLE 2,791 0 TRIBUNE CO NEW COMMON 896047107 1,791 50,903 SH SOLE 50,903 0 TXU CORP COMMON 873168108 2,563 30,849 SH SOLE 24,655 6,194 TYCO INTERNATIONAL LTD COMMON 902124106 4,262 145,961 SH SOLE 145,961 0 ULTRAPAR PARTICPACEOS SPON AD ADRPFD 90400P101 81,872 4,665,085 SH SOLE 4,665,085 0 UNIBANCO SPONSORED GDR GDRPFD 90458E107 112,635 2,916,500 SH SOLE 2,916,500 0 UNILEVER NV NY SHS 904784709 1,661,163 25,623,373 SH SOLE 24,271,697 239,600 1,112,076 UNION PACIFIC CORP COMMON 907818108 1,833,273 28,291,249 SH SOLE 26,551,448 287,900 1,451,901 UNIONBANCAL CORPORATION COMMON 908906100 462 6,900 SH SOLE 6,900 0 UNITED PARCEL SERVICE COMMON 911312106 265 3,825 SH SOLE 3,825 0 UNITED TECHNOLOGIES CORP COMMON 913017109 2,202 42,888 SH SOLE 42,888 0 UNOCAL CORP COMMON 915289102 1,491,882 22,934,394 SH SOLE 21,435,994 240,900 1,257,500 UNUMPROVIDENT CORP COMMON 91529Y106 449,032 24,510,457 SH SOLE 22,936,657 339,100 1,234,700 V F CORP COMMON 918204108 392,837 6,865,382 SH SOLE 6,437,182 73,600 354,600 VERIZON COMMUNICATIONS COMMON 92343V104 816 23,620 SH SOLE 22,846 774 VODAFONE GROUP PLC-SP ADR COMMON 92857W100 593,686 24,411,447 SH SOLE 23,354,747 179,100 877,600 VOLVO AB-SPON ADR ADR B 928856400 260,159 6,414,650 SH SOLE 6,038,050 83,100 293,500 WACHOVIA CORP COMMON 929903102 1,560,434 31,460,363 SH SOLE 29,616,063 291,100 1,553,200 WAL-MART STORES INC COMMON 931142103 150,609 3,124,668 SH SOLE 3,024,968 37,000 62,700 WALGREEN CO COMMON 931422109 1,752 38,089 SH SOLE 38,089 0 WALT DISNEY CO COMMON 254687106 689 27,371 SH SOLE 20,771 6,600 WASHINGTON MUTUAL INC COMMON 939322103 270 6,627 SH SOLE 6,627 0 WELLPOINT, INC. COMMON 94973V107 1,509,210 21,671,602 SH SOLE 20,388,402 193,200 1,090,000 WELLS FARGO & CO COMMON 949746101 766,619 12,449,157 SH SOLE 11,577,148 129,200 742,809 WEYERHAEUSER CO COMMON 962166104 2,396 37,639 SH SOLE 32,589 5,050 WHIRLPOOL CORP COMMON 963320106 625,561 8,922,560 SH SOLE 8,388,560 85,100 448,900 WHITE MOUNTAINS INS GROUP, IN COMMON G9618E107 252 400 SH SOLE 400 0 WISCONSIN ENERGY CORP COMMON 976657106 1,373 35,200 SH SOLE 34,400 800 WYETH COMMON 983024100 921,242 20,702,073 SH SOLE 19,515,823 214,500 971,750 XEROX CORP COMMON 984121103 1,709,572 123,971,897 SH SOLE 116,332,797 1,222,500 6,416,600 3M CO COMMON 88579Y101 4,828 66,775 SH SOLE 65,175 1,600
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