-----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, NRNYNqCFDbn+4CMj5C3LT6wD5eF/Z1cHJsgtfC/ufo8Odj4ZY+hg9cGS8ZDcaL4+ sjBG8tDzhl0EFR3EYjQXMQ== 0001193125-08-114485.txt : 20080514 0001193125-08-114485.hdr.sgml : 20080514 20080514144604 ACCESSION NUMBER: 0001193125-08-114485 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080514 DATE AS OF CHANGE: 20080514 EFFECTIVENESS DATE: 20080514 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: 08831227 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 DODGE & COX UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/08 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 5/14/08 - ------------------------- [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: 244 Form 13F Information Table Value Total: 110,840,784 (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 6,090 110,419 SH SOLE 110,419 0 ADOBE SYSTEMS INC COMMON 00724F101 1,164 32,700 SH SOLE 32,700 0 AEGON N.V.-NY REG SHR AMERREG 007924103 610,035 41,669,091 SH SOLE 39,760,302 95,777 1,813,012 AETNA INC COMMON 00817Y108 1,388 32,967 SH SOLE 32,967 0 AFLAC INC COMMON 001055102 1,380 21,245 SH SOLE 21,245 0 AGILENT TECHNOLOGIES INC COMMON 00846U101 419 14,035 SH SOLE 14,035 0 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 3,574 38,850 SH SOLE 33,500 5,350 ALCOA INC COMMON 013817101 26,615 738,066 SH SOLE 728,366 9,700 ALLEGHANY CORP COMMON 017175100 295 865 SH SOLE 865 0 ALLERGAN INC COMMON 018490102 201 3,564 SH SOLE 3,564 0 ALLSTATE CORP COMMON 020002101 480 9,989 SH SOLE 9,989 0 ALTRIA GROUP INC COMMON 02209S103 882 39,726 SH SOLE 35,726 4,000 AMERICAN ELECTRIC POWER COMMON 025537101 3,448 82,834 SH SOLE 82,614 220 AMERICAN EXPRESS CO COMMON 025816109 18,778 429,505 SH SOLE 417,275 12,230 AMERICAN INTERNATIONAL GROUP COMMON 026874107 2,251,769 52,064,030 SH SOLE 49,643,838 104,800 2,315,392 AMERIPRISE FINANCIAL INC COMMON 03076C106 1,204 23,227 SH SOLE 23,227 0 AMGEN INC COMMON 031162100 1,440,353 34,474,700 SH SOLE 32,637,173 76,700 1,760,827 ANADARKO PETROLEUM CORP COMMON 032511107 2,985 47,352 SH SOLE 44,802 2,550 ANHEUSER-BUSCH COS INC. COMMON 035229103 887 18,687 SH SOLE 18,687 0 AON CORP COMMON 037389103 534 13,277 SH SOLE 13,277 0 APOLLO GROUP INC-CL A CL A 037604105 337 7,800 SH SOLE 7,800 0 AT&T INC COMMON 00206R102 876 22,863 SH SOLE 22,863 0 AUTOMATIC DATA PROCESSING COMMON 053015103 276 6,520 SH SOLE 4,720 1,800 AVERY DENNISON CORP COMMON 053611109 325 6,600 SH SOLE 6,600 0 AVON PRODUCTS INC COMMON 054303102 19,405 490,780 SH SOLE 437,580 53,200 BAKER HUGHES INC COMMON 057224107 1,265,490 18,474,313 SH SOLE 17,492,463 51,600 930,250 BANK OF AMERICA CORP COMMON 060505104 15,727 414,850 SH SOLE 389,702 25,148 BANK OF NEW YORK MELLON CORP COMMON 064058100 2,398 57,461 SH SOLE 54,361 3,100 BAXTER INTERNATIONAL INC COMMON 071813109 753 13,028 SH SOLE 13,028 0 BECTON DICKINSON & CO COMMON 075887109 12,858 149,769 SH SOLE 126,269 23,500 BERKSHIRE HATHAWAY INC-CL A CL A 084670108 800 6 SH SOLE 6 0 BERKSHIRE HATHAWAY INC-CL B CL B 084670207 5,622 1,257 SH SOLE 1,089 168 BIOGEN IDEC INC COMMON 09062X103 370 6,000 SH SOLE 6,000 0 BMC SOFTWARE INC COMMON 055921100 566,653 17,424,767 SH SOLE 16,465,417 43,100 916,250 BOEING CO COMMON 097023105 458 6,160 SH SOLE 6,160 0 BOSTON SCIENTIFIC CORP COMMON 101137107 1,067,384 82,935,856 SH SOLE 78,009,656 167,300 4,758,900 BP PLC-SPONS ADR COMMON 055622104 13,622 224,598 SH SOLE 214,952 9,646 BRISTOL-MYERS SQUIBB CO COMMON 110122108 28,871 1,355,450 SH SOLE 1,258,790 96,660 CA INC COMMON 12673P105 241 10,700 SH SOLE 10,700 0 CANADIAN NATURAL RESOURCES COMMON 136385101 382 5,600 SH SOLE 5,600 0 CANADIAN PACIFIC RAILWAY LTD COMMON 13645T100 811 12,619 SH SOLE 12,619 0 CAPITAL ONE FINANCIAL CORP COMMON 14040H105 2,325,976 47,256,724 SH SOLE 44,875,574 103,200 2,277,950 CARDINAL HEALTH INC COMMON 14149Y108 2,170,577 41,336,446 SH SOLE 39,084,246 88,600 2,163,600 CARMAX INC COMMON 143130102 274,861 14,153,500 SH SOLE 13,532,300 24,200 597,000 CATERPILLAR INC COMMON 149123101 15,566 198,830 SH SOLE 193,630 5,200 CEMEX SAB-SPONS ADR PART CER SPONADR5ORD 151290889 1,308,505 50,095,901 SH SOLE 49,199,199 36,817 859,885 CHEVRON CORP COMMON 166764100 2,037,919 23,874,403 SH SOLE 22,588,819 50,761 1,234,823 CHUBB CORP COMMON 171232101 295,320 5,968,477 SH SOLE 5,644,876 11,300 312,301 CIGNA CORP COMMON 125509109 6,589 162,411 SH SOLE 155,911 6,500 CIT GROUP INC COMMON 125581108 608 51,300 SH SOLE 51,300 0 CITIGROUP INC COMMON 172967101 1,381,253 64,484,268 SH SOLE 61,274,352 141,500 3,068,416 CITRIX SYSTEMS INC COMMON 177376100 398,629 13,591,178 SH SOLE 12,937,978 27,500 625,700 COCA-COLA CO/THE COMMON 191216100 2,526 41,492 SH SOLE 41,492 0 COLGATE-PALMOLIVE CO COMMON 194162103 1,091 14,000 SH SOLE 14,000 0 COMCAST CORP-CL A CL A 20030N101 4,722,046 244,159,564 SH SOLE 231,939,234 510,398 1,709,932 COMCAST CORP-SPECIAL CL A CLASPL 20030N200 1,883 99,288 SH SOLE 88,527 10,761 COMPUTER SCIENCES CORP COMMON 205363104 872,639 21,393,445 SH SOLE 20,285,645 49,200 1,058,600 COMPUWARE CORP COMMON 205638109 322,483 43,934,960 SH SOLE 40,636,060 130,700 3,168,200 CONOCOPHILLIPS COMMON 20825C104 915,476 12,012,545 SH SOLE 11,384,465 25,300 602,780 CORNING INC COMMON 219350105 1,012 42,100 SH SOLE 42,100 0 COTT CORPORATION COMMON 22163N106 7,822 2,228,530 SH SOLE 2,228,530 0 COVIDIEN LTD COMMON G2552X108 1,138,064 25,718,971 SH SOLE 24,358,396 60,125 1,300,450 CSX CORP COMMON 126408103 1,581 28,200 SH SOLE 28,200 0 CVS CAREMARK CORP COMMON 126650100 284 7,000 SH SOLE 7,000 0 DANAHER CORP COMMON 235851102 418 5,500 SH SOLE 5,500 0 DEERE & CO COMMON 244199105 7,259 90,237 SH SOLE 89,537 700 DELL INC COMMON 24702R101 12,634 634,250 SH SOLE 633,650 600 DIAGEO PLC-SPONSORED ADR COMMON 25243Q205 398 4,900 SH SOLE 4,900 0 DISH NETWORK CORP-A CL A 25470M109 367,436 12,789,267 SH SOLE 12,200,075 32,900 556,292 DOMINION RESOURCES INC/VA COMMON 25746U109 664 16,268 SH SOLE 16,268 0 DOMTAR CORP COMMON 257559104 200,278 29,323,235 SH SOLE 27,843,435 56,600 1,423,200 DOW CHEMICAL COMMON 260543103 2,212,163 60,031,548 SH SOLE 56,976,673 118,828 2,936,047 DU PONT (E.I.) DE NEMOURS COMMON 263534109 3,345 71,533 SH SOLE 71,533 0 DUKE ENERGY CORP COMMON 26441C105 7,976 446,834 SH SOLE 438,834 8,000 DUN & BRADSTREET CORP COMMON 26483E100 503 6,175 SH SOLE 6,175 0 EBAY INC COMMON 278642103 1,195,723 40,071,157 SH SOLE 37,993,757 84,000 1,993,400 ECHOSTAR CORP-A CL A 278768106 52,686 1,783,561 SH SOLE 1,703,083 4,460 76,018 ECOLAB INC COMMON 278865100 261 6,000 SH SOLE 6,000 0 ELECTRONIC DATA SYSTEMS CORP COMMON 285661104 1,052,828 63,232,900 SH SOLE 59,972,600 144,400 3,115,900 ELI LILLY & CO COMMON 532457108 3,597 69,721 SH SOLE 69,621 100 EMERSON ELECTRIC CO COMMON 291011104 1,667 32,400 SH SOLE 32,400 0 ENCANA CORP COMMON 292505104 2,571 33,935 SH SOLE 29,863 4,072 EQUITY RESIDENTIAL SH BEN 29476L107 3,162 76,200 SH SOLE 76,200 0 EXELON CORP COMMON 30161N101 229 2,822 SH SOLE 2,822 0 EXPEDITORS INTL WASH INC COMMON 302130109 633 14,000 SH SOLE 14,000 0 EXXON MOBIL CORP COMMON 30231G102 50,837 601,050 SH SOLE 582,982 18,068 FEDERAL NATL MTG ASSN COMMON 313586109 317,372 12,058,212 SH SOLE 11,444,622 30,400 583,190 FEDEX CORP COMMON 31428X106 2,079,882 22,443,963 SH SOLE 21,252,071 49,900 1,141,992 FIRST MIDWEST BANCORP INC/IL COMMON 320867104 293 10,534 SH SOLE 10,534 0 FIRSTENERGY CORP COMMON 337932107 4,522 65,900 SH SOLE 46,500 19,400 FLUOR CORP COMMON 343412102 3,286 23,276 SH SOLE 23,276 0 FOMENTO ECONOMICO MEX-SP ADR SPNADR 344419106 339,265 8,120,279 SH SOLE 8,120,279 0 FORD MOTOR CO COMPAR$0.01 345370860 781,131 136,561,400 SH SOLE 130,028,100 276,700 6,256,600 FORTUNE BRANDS INC COMMON 349631101 215 3,094 SH SOLE 3,094 0 FPL GROUP INC COMMON 302571104 2,972 47,366 SH SOLE 42,366 5,000 FREEPORT-MCMORAN COPPER COMMON 35671D857 313 3,250 SH SOLE 3,250 0 GAP INC/THE COMMON 364760108 23,218 1,179,763 SH SOLE 1,145,413 34,350 GENERAL ELECTRIC CO COMMON 369604103 1,640,773 44,333,242 SH SOLE 42,133,160 97,300 2,102,782 GENERAL MILLS INC COMMON 370334104 527 8,800 SH SOLE 8,800 0 GENERAL MOTORS CORP COMMON 370442105 938,963 49,289,400 SH SOLE 46,792,900 102,800 2,393,700 GENUINE PARTS CO COMMON 372460105 496,394 12,341,967 SH SOLE 11,545,630 29,000 767,337 GENWORTH FINANCIAL INC-CL A COMCLA 37247D106 320,033 14,135,751 SH SOLE 13,337,051 40,800 757,900 GILEAD SCIENCES INC COMMON 375558103 773 15,000 SH SOLE 15,000 0 GLAXOSMITHKLINE PLC-SPON ADR COMMON 37733W105 3,458,229 81,504,336 SH SOLE 78,740,184 110,100 2,654,052 GRUPO TELEVISA SA-SPONS ADR SPADRREPORD 40049J206 878,230 36,230,592 SH SOLE 36,230,592 0 HALLIBURTON CO COMMON 406216101 1,837 46,716 SH SOLE 46,716 0 HARTFORD FINANCIAL SVCS GRP COMMON 416515104 515 6,800 SH SOLE 4,800 2,000 HEALTH MGMT ASSOCIATES INC-A CL A 421933102 137,613 26,013,711 SH SOLE 24,682,711 53,800 1,277,200 HESS CORP COMMON 42809H107 6,862 77,813 SH SOLE 77,813 0 HEWLETT-PACKARD CO COMMON 428236103 4,472,890 97,960,797 SH SOLE 92,884,996 211,426 4,864,375 HITACHI LTD -SPONS ADR ADR10 433578507 1,016,112 17,077,514 SH SOLE 16,307,614 38,000 731,900 HOME DEPOT INC COMMON 437076102 1,277,614 45,678,005 SH SOLE 42,851,605 123,300 2,703,100 HONDA MOTOR CO LTD-SPONS ADR AMERN 438128308 741,050 25,721,988 SH SOLE 25,714,688 7,300 HONEYWELL INTERNATIONAL INC COMMON 438516106 1,514 26,826 SH SOLE 26,826 0 HSBC HOLDINGS PLC-SPONS ADR SPONADRNEW 404280406 826,206 10,038,960 SH SOLE 9,504,910 24,200 509,850 IMS HEALTH INC COMMON 449934108 754 35,900 SH SOLE 35,900 0 INGERSOLL-RAND CO LTD-CL A CL A G4776G101 208 4,672 SH SOLE 4,672 0 INTEL CORP COMMON 458140100 222 10,500 SH SOLE 10,500 0 INTERNATIONAL PAPER CO COMMON 460146103 3,101 114,013 SH SOLE 111,013 3,000 INTERPUBLIC GROUP OF COS INC COMMON 460690100 412,761 49,079,781 SH SOLE 46,649,381 96,300 2,334,100 INTL BUSINESS MACHINES CORP COMMON 459200101 27,083 235,215 SH SOLE 219,375 15,840 INTUITIVE SURGICAL INC COMMON 46120E602 357 1,100 SH SOLE 1,100 0 J.C. PENNEY CO INC COMMON 708160106 229 6,062 SH SOLE 6,062 0 JOHNSON & JOHNSON COMMON 478160104 7,036 108,469 SH SOLE 91,869 16,600 JPMORGAN CHASE & CO COMMON 46625H100 6,209 144,559 SH SOLE 139,379 5,180 KIMBERLY-CLARK CORP COMMON 494368103 943 14,609 SH SOLE 14,609 0 KOOKMIN BANK-SPON ADR COMMON 50049M109 469,593 8,378,100 SH SOLE 8,378,100 0 KRAFT FOODS INC-CLASS A COMMON 50075N104 816 26,304 SH SOLE 23,536 2,768 KT CORP-SP ADR COMMON 48268K101 206,424 8,691,553 SH SOLE 8,691,553 0 KYOCERA CORP -SPONS ADR ADR 501556203 482,399 5,738,750 SH SOLE 5,480,000 12,100 246,650 LEGG MASON INC COMMON 524901105 429,582 7,673,850 SH SOLE 7,268,900 14,100 390,850 LIBERTY GLOBAL INC-A COMSERA 530555101 327,385 9,606,361 SH SOLE 9,466,961 7,300 132,100 LIBERTY GLOBAL INC-SERIES C COMSERC 530555309 276,450 8,511,396 SH SOLE 8,353,796 10,100 147,500 LIBERTY MEDIA CORP-CAP SER A CAPCOMSERA 53071M302 32,885 2,089,263 SH SOLE 1,895,013 10,328 183,922 LIBERTY MEDIA CORP-ENT SER A ENTCOMSERA 53071M500 234,540 10,359,532 SH SOLE 9,579,652 41,312 738,568 LIBERTY MEDIA-INTERACTIVE A INTCOMSERA 53071M104 616,371 38,189,030 SH SOLE 36,291,805 85,975 1,811,250 LOCKHEED MARTIN CORP COMMON 539830109 268 2,700 SH SOLE 2,700 0 LOEWS CORP COMMON 540424108 432,730 10,759,087 SH SOLE 10,148,587 24,600 585,900 MACY'S INC COMMON 55616P104 554,963 24,066,055 SH SOLE 22,691,059 51,190 1,323,806 MARSH & MCLENNAN COS COMMON 571748102 749 30,752 SH SOLE 30,752 0 MASCO CORP COMMON 574599106 457,443 23,068,217 SH SOLE 21,374,217 55,600 1,638,400 MATSUSHITA ELEC IND-SPON ADR COMMON 576879209 2,709,478 124,803,246 SH SOLE 118,415,196 279,600 6,108,450 MCDONALD'S CORP COMMON 580135101 626,234 11,228,871 SH SOLE 10,603,748 21,600 603,523 MCGRAW-HILL COMPANIES INC COMMON 580645109 426 11,535 SH SOLE 11,535 0 MEDTRONIC INC COMMON 585055106 498 10,300 SH SOLE 10,300 0 MERCK & CO. INC. COMMON 589331107 1,555 40,985 SH SOLE 40,985 0 MICROSOFT CORP COMMON 594918104 1,005 35,400 SH SOLE 35,400 0 MITSUBISHI UFJ FINL GRP-ADR COMMON 606822104 588,766 67,674,200 SH SOLE 67,674,200 0 MOLEX INC COMMON 608554101 79,137 3,416,977 SH SOLE 3,312,977 104,000 MOLEX INC -CL A CL A 608554200 344,846 15,775,195 SH SOLE 14,851,590 42,501 881,104 MONSANTO CO COMMON 61166W101 241 2,158 SH SOLE 2,158 0 MOODY'S CORP COMMON 615369105 735 21,100 SH SOLE 21,100 0 MOTOROLA INC COMMON 620076109 2,864,080 307,965,538 SH SOLE 295,272,088 525,100 2,168,350 NCR CORPORATION COMMON 62886E108 5,877 257,418 SH SOLE 244,518 12,900 NEWS CORP-CL A CL A 65248E104 4,139,999 220,799,925 SH SOLE 212,268,025 366,000 8,165,900 NIKE INC -CL B CL B 654106103 2,584 38,000 SH SOLE 38,000 0 NISOURCE INC COMMON 65473P105 193 11,200 SH SOLE 11,200 0 NOKIA CORP-SPON ADR COMMON 654902204 541 17,000 SH SOLE 17,000 0 NORDSTROM INC COMMON 655664100 248 7,600 SH SOLE 7,600 0 NORFOLK SOUTHERN CORP COMMON 655844108 1,301 23,942 SH SOLE 23,942 0 NORTEL NETWORKS CORP COMMON 656568508 215,858 32,265,705 SH SOLE 32,265,705 0 NORTHERN TRUST CORP COMMON 665859104 532 8,000 SH SOLE 8,000 0 NOVA CHEMICALS CORP COMMON 66977W109 2,916 122,276 SH SOLE 122,276 0 NOVARTIS AG-ADR SPONADR 66987V109 4,047,472 79,005,887 SH SOLE 76,847,887 111,700 2,046,300 NUCOR CORP COMMON 670346105 8,041 118,700 SH SOLE 118,700 0 OCCIDENTAL PETROLEUM CORP COMMON 674599105 1,684,825 23,026,176 SH SOLE 21,798,936 51,100 1,176,140 PACIFIC CAPITAL BANCORP COMMON 69404P101 1,426 66,340 SH SOLE 66,340 0 PARKER HANNIFIN CORP COMMON 701094104 1,049 15,148 SH SOLE 12,148 3,000 PATTERSON COS INC COMMON 703395103 218 6,000 SH SOLE 6,000 0 PEPSICO INC COMMON 713448108 826 11,445 SH SOLE 11,445 0 PETROLEO BRASILEIRO S.A.-ADR SPONADR 71654V408 411 4,028 SH SOLE 4,028 0 PETROLEO BRASILEIRO-SPON ADR SPONADR 71654V101 485,138 5,728,400 SH SOLE 5,728,400 0 PFIZER INC COMMON 717081103 2,404,459 114,881,004 SH SOLE 109,350,230 254,941 5,275,833 PHILIPS ELECTRONICS-NY SHR COMMON 500472303 367,883 9,595,288 SH SOLE 8,984,300 31,600 579,388 PITNEY BOWES INC COMMON 724479100 422,488 12,064,194 SH SOLE 11,243,694 36,000 784,500 PNC FINANCIAL SERVICES GROUP COMMON 693475105 2,740 41,784 SH SOLE 41,784 0 PPG INDUSTRIES INC COMMON 693506107 2,523 41,700 SH SOLE 41,700 0 PRAXAIR INC COMMON 74005P104 590 7,000 SH SOLE 7,000 0 PROCTER & GAMBLE CO COMMON 742718109 20,959 299,118 SH SOLE 297,618 1,500 PROGRESS ENERGY INC COMMON 743263105 548 13,150 SH SOLE 13,150 0 QIMONDA AG-SPONSORED ADR SPONADR 746904101 96,847 22,470,300 SH SOLE 22,470,300 0 QUALCOMM INC COMMON 747525103 905 22,064 SH SOLE 22,064 0 RIO TINTO PLC-SPON ADR COMMON 767204100 19,073 46,311 SH SOLE 46,311 0 ROHM AND HAAS CO COMMON 775371107 721,917 13,349,065 SH SOLE 12,494,115 33,900 821,050 ROYAL DUTCH SHELL PLC-ADR ADR A 780259206 1,193,093 17,296,214 SH SOLE 16,639,118 27,800 629,296 ROYAL DUTCH SHELL PLC-ADR ADR B 780259107 719,900 10,684,172 SH SOLE 10,684,172 0 SADIA SA-ADR SPADRPRD30 786326108 292,937 16,466,401 SH SOLE 16,466,401 0 SAFECO CORP COMMON 786429100 1,798 40,978 SH SOLE 40,978 0 SANOFI-AVENTIS-ADR SPNADR 80105N105 2,600,227 69,265,510 SH SOLE 66,011,510 162,400 3,091,600 SCHERING-PLOUGH CORP COMMON 806605101 16,295 1,130,840 SH SOLE 617,340 513,500 SCHLUMBERGER LTD COMMON 806857108 2,416,072 27,770,943 SH SOLE 26,986,193 26,450 758,300 SHAW COMMUNICATIONS INC-B CLBCONV 82028K200 727 40,000 SH SOLE 40,000 0 SHINHAN FINANCIAL GRP-ADR COMMON 824596100 409,471 3,878,664 SH SOLE 3,878,664 0 SIGMA-ALDRICH COMMON 826552101 2,267 38,000 SH SOLE 38,000 0 SLM CORP COMMON 78442P106 662,543 43,162,382 SH SOLE 40,929,282 99,900 2,133,200 SONY CORP-SPONSORED ADR COMMON 835699307 2,446,384 61,052,766 SH SOLE 58,116,866 126,500 2,809,400 SPECTRA ENERGY CORP COMMON 847560109 4,680 205,695 SH SOLE 204,645 1,050 SPRINT NEXTEL CORP COMMON 852061100 1,221,868 182,640,983 SH SOLE 173,281,883 382,800 8,976,300 STATE STREET CORP COMMON 857477103 1,620 20,500 SH SOLE 20,500 0 STATOILHYDRO ASA-SPON ADR SPNADR 85771P102 614,345 20,567,289 SH SOLE 20,567,289 0 STRYKER CORP COMMON 863667101 1,275 19,600 SH SOLE 19,600 0 SUN MICROSYSTEMS INC COMMON 866810203 168,555 10,853,512 SH SOLE 10,100,612 32,250 720,650 SUNTRUST BANKS INC COMMON 867914103 304 5,516 SH SOLE 5,516 0 SYSCO CORP COMMON 871829107 825 28,418 SH SOLE 28,418 0 TARGET CORP COMMON 87612E106 19,459 383,952 SH SOLE 371,152 12,800 TELEFONICA SA-SPON ADR SPNADR 879382208 389,347 4,500,600 SH SOLE 4,500,600 0 TELEKOMUNIK INDONESIA-SP ADR COMMON 715684106 241,283 5,753,047 SH SOLE 5,753,047 0 TERADATA CORP COMMON 88076W103 5,403 244,918 SH SOLE 229,518 15,400 TEXAS INSTRUMENTS INC COMMON 882508104 624 22,065 SH SOLE 18,065 4,000 THE WALT DISNEY CO COMMON 254687106 1,740 55,441 SH SOLE 48,841 6,600 THERMO FISHER SCIENTIFIC INC COMMON 883556102 29,699 522,495 SH SOLE 473,995 48,500 THOMSON (EX-TMM)-SPON ADR SPNADR 885118109 69,301 9,942,700 SH SOLE 9,440,300 22,300 480,100 TIME WARNER INC COMMON 887317105 2,557,294 182,403,306 SH SOLE 173,214,306 390,500 8,798,500 TORCHMARK CORP COMMON 891027104 730 12,150 SH SOLE 12,150 0 TOTAL SA-SPON ADR COMMON 89151E109 354 4,782 SH SOLE 4,782 0 TRAVELERS COS INC/THE COMMON 89417E109 1,406,141 29,386,432 SH SOLE 27,858,762 64,200 1,463,470 TYCO ELECTRONICS LTD COMMON G9144P105 897,983 26,165,020 SH SOLE 25,037,520 56,625 1,070,875 TYCO INTERNATIONAL LTD COMMON G9143X208 567,294 12,878,413 SH SOLE 12,155,513 31,225 691,675 ULTRAPAR PARTICPAC-SPON ADR ADRPFD 90400P101 155,797 4,519,785 SH SOLE 4,519,785 0 UNILEVER N V -NY SHARES NY SHS 904784709 23,597 699,576 SH SOLE 673,676 25,900 UNION PACIFIC CORP COMMON 907818108 799,323 6,375,200 SH SOLE 6,036,425 13,000 325,775 UNIONBANCAL CORPORATION COMMON 908906100 265 5,400 SH SOLE 5,400 0 UNITED PARCEL SERVICE-CL B CL B 911312106 690 9,450 SH SOLE 9,450 0 UNITED TECHNOLOGIES CORP COMMON 913017109 2,482 36,060 SH SOLE 36,060 0 UNITEDHEALTH GROUP INC COMMON 91324P102 652,679 18,995,312 SH SOLE 17,986,032 39,700 969,580 UNUM GROUP COMMON 91529Y106 3,681 167,261 SH SOLE 167,261 0 US BANCORP COMNEW 902973304 485 14,981 SH SOLE 14,981 0 VERIZON COMMUNICATIONS INC COMMON 92343V104 365 10,008 SH SOLE 10,008 0 VF CORP COMMON 918204108 2,703 34,875 SH SOLE 32,875 2,000 VODAFONE GROUP PLC-SP ADR COMMON 92857W209 530,290 17,969,843 SH SOLE 17,961,968 7,875 VULCAN MATERIALS CO COMMON 929160109 274,982 4,141,300 SH SOLE 3,874,200 8,700 258,400 WACHOVIA CORP COMMON 929903102 3,373,149 124,931,450 SH SOLE 118,632,190 272,883 6,026,377 WAL-MART STORES INC COMMON 931142103 2,897,231 54,996,794 SH SOLE 52,951,444 123,700 1,921,650 WALGREEN CO COMMON 931422109 522,428 13,715,617 SH SOLE 12,877,817 42,200 795,600 WELLPOINT INC COMMON 94973V107 1,628,680 36,906,415 SH SOLE 34,996,515 82,500 1,827,400 WELLS FARGO & COMPANY COMMON 949746101 1,202,752 41,331,697 SH SOLE 39,239,775 87,400 2,004,522 WEYERHAEUSER CO COMMON 962166104 1,079 16,589 SH SOLE 16,589 0 WHIRLPOOL CORP COMMON 963320106 5,888 67,855 SH SOLE 64,855 3,000 WHITE MOUNTAINS INSURANCE GP COMMON G9618E107 960 2,000 SH SOLE 2,000 0 WILEY (JOHN) & SONS -CL A CL A 968223206 1,191 30,000 SH SOLE 30,000 0 WISCONSIN ENERGY CORP COMMON 976657106 484 11,000 SH SOLE 11,000 0 WYETH COMMON 983024100 1,088,861 26,074,261 SH SOLE 24,868,711 53,500 1,152,050 XEROX CORP COMMON 984121103 1,320,935 88,238,833 SH SOLE 83,518,533 205,500 4,514,800 3M CO COMMON 88579Y101 4,359 55,075 SH SOLE 55,075 0
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