-----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, KS8JJ+nqC5zcZ1G+iEtvXW84OyGfODhk3aOaljpw0Ek7IE3reYY2OX0tKo+For9l YDeV5SxG7+4K0gBHvI6ECA== 0001193125-04-197047.txt : 20041115 0001193125-04-197047.hdr.sgml : 20041115 20041115143010 ACCESSION NUMBER: 0001193125-04-197047 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040930 FILED AS OF DATE: 20041115 DATE AS OF CHANGE: 20041115 EFFECTIVENESS DATE: 20041115 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: 041144099 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 QUARTER ENDING 9/30/04 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/04 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: John M. Loll Title: Treasurer Phone: (415) 981-1710 Signature, Place, and Date of Signing: /S/ John M. Loll San Francisco, CA 11/15/04 - -------------------------- ---------------------------- ------------------ [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: 221 Form 13F Information Table Value Total: 73,406,202 (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 COL 7 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 2,684 63,350 SH SOLE 62,690 660 AETNA INC - NEW COMMON 00817Y108 949 9,500 SH SOLE 9,000 500 AGILENT TECHNOLOGIES INC COMMON 00846U101 622 28,844 SH SOLE 21,546 7,298 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 3,375 62,068 SH SOLE 52,318 9,750 AKZO NOBEL NV - SPON ADR COMMON 010199305 1,250,544 35,226,590 SH SOLE 33,215,890 564,300 1,446,400 ALCOA INC COMMON 013817101 270,652 8,057,504 SH SOLE 7,520,075 145,300 392,129 ALLERGAN INC COMMON 018490102 238 3,282 SH SOLE 3,282 0 ALLSTATE CORP COMMON 020002101 553 11,514 SH SOLE 10,200 1,314 ALTRIA GROUP INC COMMON 02209S103 2,507 53,300 SH SOLE 47,000 6,300 AMERADA HESS CORP COMMON 023551104 777,539 8,736,390 SH SOLE 8,168,280 136,800 431,310 AMEREN CORP COMMON 023608102 1,867 40,450 SH SOLE 39,750 700 AMERICAN ELEC POWER CO INC COMMON 025537101 550,143 17,213,490 SH SOLE 15,886,043 287,800 1,039,647 AMERICAN EXPRESS COMPANY COMMON 025816109 31,999 621,819 SH SOLE 562,386 59,433 AMERICAN INTERNATIONAL GROUP COMMON 026874107 7,489 110,142 SH SOLE 81,520 28,622 AMERICAN POWER CONVERSION COR COMMON 029066107 155,221 8,925,900 SH SOLE 8,460,600 91,200 374,100 AMSOUTH BANCORPORATION COMMON 032165102 444 18,181 SH SOLE 18,181 0 ANADARKO PETROLEUM CORP COMMON 032511107 8,775 132,236 SH SOLE 124,591 7,645 ANHEUSER-BUSCH COS INC COMMON 035229103 1,027 20,552 SH SOLE 20,552 0 AON CORP COMMON 037389103 317 11,024 SH SOLE 11,024 0 ARCHER-DANIELS MIDLAND COMMON 039483102 6,492 382,357 SH SOLE 342,085 40,272 AT&T CORP COMMON 001957505 1,476,986 103,141,485 SH SOLE 96,366,278 1,641,180 5,134,027 AT&T WIRELESS SERVICES COMMON 00209A106 2,133,894 144,377,161 SH SOLE 134,934,761 2,413,800 7,028,600 AUTOMATIC DATA PROCESSING INC COMMON 053015103 381 9,220 SH SOLE 5,220 4,000 AVAYA INC COMMON 053499109 346,199 24,834,919 SH SOLE 23,197,719 404,600 1,232,600 AVERY DENNISON CORP COMMON 053611109 224 3,400 SH SOLE 3,400 0 BAKER HUGHES INC COMMON 057224107 853,361 19,518,775 SH SOLE 18,262,125 308,000 948,650 BANCO LATINOAMERICANO EXPORTA CL E P16994132 15,456 1,006,922 SH SOLE 1,006,922 0 BANK OF AMERICA CORP COMMON 060505104 26,016 600,410 SH SOLE 524,036 76,374 BANK OF NEW YORK INC COMMON 064057102 616 21,120 SH SOLE 21,120 0 BAXTER INTERNATIONAL INC COMMON 071813109 544 16,914 SH SOLE 16,114 800 BAYER AG - SPONSORED ADR COMMON 072730302 7,269 265,000 SH SOLE 251,100 13,900 BB&T CORP COMMON 054937107 341 8,586 SH SOLE 8,586 0 BECTON DICKINSON & CO COMMON 075887109 477,212 9,230,407 SH SOLE 8,535,107 172,700 522,600 BELLSOUTH CORP COMMON 079860102 594 21,898 SH SOLE 20,778 1,120 BERKSHIRE HATHAWAY INC DEL CL A 084670108 433 5 SH SOLE 5 0 BERKSHIRE HATHAWAY, INC CLASS CL B 084670207 5,007 1,744 SH SOLE 1,339 405 BMC SOFTWARE COMMON 055921100 343,830 21,747,600 SH SOLE 20,445,000 314,400 988,200 BOEING CO COMMON 097023105 1,926 37,310 SH SOLE 36,910 400 BP PLC SPONS ADR COMMON 055622104 18,066 314,025 SH SOLE 288,289 25,736 BRISTOL-MYERS SQUIBB CO COMMON 110122108 393,434 16,621,641 SH SOLE 15,487,271 296,600 837,770 BURLINGTON RESOURCES, INC. COMMON 122014103 476 11,676 SH SOLE 11,676 0 C S X CORP COMMON 126408103 541 16,300 SH SOLE 16,300 0 CADENCE DESIGN SYSTEM INC COMMON 127387108 219 16,800 SH SOLE 16,800 0 CANADIAN PACIFIC RAILWAY LTD COMMON 13645T100 736 28,541 SH SOLE 27,216 1,325 CAPITAL ONE FINANCIAL COMMON 14040H105 1,527,452 20,669,180 SH SOLE 19,361,830 315,600 991,750 CARDINAL HEALTH INC COMMON 14149Y108 1,397,679 31,932,347 SH SOLE 29,927,697 485,100 1,519,550 CATELLUS DEVELOPMENT CORP (NE COMMON 149113102 880 33,190 SH SOLE 33,190 0 CATERPILLAR INC COMMON 149123101 19,875 247,045 SH SOLE 214,547 32,498 CHEVRONTEXACO CORP COMMON 166764100 1,459,669 27,212,330 SH SOLE 25,313,432 461,400 1,437,498 CHUBB CORP COMMON 171232101 760,585 10,822,212 SH SOLE 10,148,362 157,600 516,250 CIGNA CORP COMMON 125509109 8,497 122,033 SH SOLE 102,583 19,450 CIT GROUP INC COMMON 125581108 975,380 26,086,650 SH SOLE 24,189,450 475,600 1,421,600 CITIGROUP INC COMMON 172967101 26,575 602,327 SH SOLE 531,450 70,877 CNA FINANCIAL CORP COMMON 126117100 16,688 695,050 SH SOLE 590,650 17,300 87,100 CNH GLOBAL N.V. COMMON N20935206 18,210 930,020 SH SOLE 930,020 0 COCA COLA CO COMMON 191216100 3,142 78,448 SH SOLE 76,088 2,360 COLGATE-PALMOLIVE CO COMMON 194162103 316 7,000 SH SOLE 7,000 0 COMCAST CORP CL A CL A 20030N101 2,028,774 71,840,434 SH SOLE 67,514,449 1,115,170 3,210,815 COMCAST CORP-SPECIAL CL A CLASPL 20030N200 1,290 46,214 SH SOLE 46,214 0 COMPUTER ASSOC INTL INC COMMON 204912109 1,018 38,700 SH SOLE 38,700 0 COMPUTER SCIENCES CORP COMMON 205363104 1,149,280 24,400,857 SH SOLE 22,968,607 363,400 1,068,850 COMPUWARE CORP COMMON 205638109 259,271 50,343,928 SH SOLE 45,852,828 1,038,800 3,452,300 CONOCOPHILLIPS COMMON 20825C104 945,105 11,407,429 SH SOLE 10,658,993 176,900 571,536 CONSOLIDATED EDISON INC COMMON 209115104 237 5,626 SH SOLE 5,626 0 CORNING INC COMMON 219350105 11,416 1,030,299 SH SOLE 990,299 40,000 CVS CORP COMMON 126650100 556 13,200 SH SOLE 13,200 0 DEERE & CO COMMON 244199105 14,731 228,214 SH SOLE 193,505 34,709 DELPHI CORP COMMON 247126105 682,361 73,451,085 SH SOLE 68,609,788 1,178,900 3,662,397 DILLARD'S INC CLASS A CL A 254067101 209,647 10,620,405 SH SOLE 9,985,255 129,400 505,750 DOMINION RESOURCES INC VA COMMON 25746U109 1,025 15,709 SH SOLE 14,429 1,280 DOW CHEMICAL CO COMMON 260543103 1,638,600 36,268,258 SH SOLE 33,845,904 577,098 1,845,256 DUKE ENERGY CORP COMMON 264399106 1,200,094 52,428,766 SH SOLE 49,310,312 683,500 2,434,954 DUN & BRADSTREET CORP COMMON 26483E100 3,010 51,275 SH SOLE 51,275 0 E I DU PONT DE NEMOURS & CO COMMON 263534109 5,114 119,477 SH SOLE 108,485 10,992 EASTMAN KODAK CO COMMON 277461109 757,733 23,517,480 SH SOLE 22,127,205 319,800 1,070,475 ELECTRONIC DATA SYSTEMS COMMON 285661104 1,243,538 64,132,969 SH SOLE 60,031,869 993,800 3,107,300 ELI LILLY & CO COMMON 532457108 5,652 94,125 SH SOLE 79,637 14,488 EMERSON ELECTRIC CO COMMON 291011104 325 5,250 SH SOLE 5,250 0 ENCANA CORP COMMON 292505104 2,858 61,726 SH SOLE 57,042 4,684 ENGELHARD CORP COMMON 292845104 358,912 12,660,032 SH SOLE 11,683,832 243,900 732,300 EQUITY OFFICE PROPERTIES TRU COMMON 294741103 1,065,631 39,105,718 SH SOLE 36,656,118 575,400 1,874,200 EQUITY RESIDENTIAL SH BEN 29476L107 654,918 21,126,401 SH SOLE 19,663,950 370,200 1,092,251 EXELON CORPORATION COMMON 30161N101 1,073 29,232 SH SOLE 29,232 0 EXXON MOBIL CORPORATION COMMON 30231G102 32,184 665,927 SH SOLE 597,258 68,669 FANNIE MAE COMMON 313586109 207 3,263 SH SOLE 2,963 300 FEDEX CORP COMMON 31428X106 1,045,885 12,205,447 SH SOLE 11,385,555 192,200 627,692 FIAT SPA - SPONS ADR COMMON 315621888 22,304 3,110,700 SH SOLE 3,110,700 0 FIRST MIDWEST BANCORP INC COMMON 320867104 433 12,534 SH SOLE 12,534 0 FIRSTENERGY CORP COMMON 337932107 351,242 8,550,200 SH SOLE 8,029,700 82,600 437,900 FLUOR CORP (NEW) COMMON 343412102 459,830 10,328,615 SH SOLE 9,698,265 217,800 412,550 FOMENTO ECONOMICO MEX-SP ADR SPNADR 344419106 36,555 827,400 SH SOLE 827,400 0 FORD MOTOR CO COMMON 345370860 571 40,614 SH SOLE 40,614 0 FPL GROUP INC COMMON 302571104 6,022 88,141 SH SOLE 80,690 7,451 FREESCALE SEMICONDUCTOR-A COMCLA 35687M107 150,083 10,495,300 SH SOLE 9,870,700 163,100 461,500 GENERAL ELECTRIC CO COMMON 369604103 38,723 1,153,162 SH SOLE 1,031,715 121,447 GENERAL MILLS INC COMMON 370334104 395 8,800 SH SOLE 8,800 0 GENERAL MOTORS CORP COMMON 370442105 491 11,550 SH SOLE 9,267 2,283 GENUINE PARTS CO COMMON 372460105 817,666 21,304,488 SH SOLE 19,747,151 384,100 1,173,237 GENWORTH FINANCIAL COMCLA 37247D106 370,799 15,914,100 SH SOLE 15,075,900 132,700 705,500 GILLETTE COMPANY COMMON 375766102 835 20,000 SH SOLE 20,000 0 GLAXOSMITHKLINE PLC ADR COMMON 37733W105 577,355 13,202,724 SH SOLE 12,533,507 166,400 502,817 GOLDEN WEST FINANCIAL CORP COMMON 381317106 1,122,527 10,117,411 SH SOLE 9,370,432 185,400 561,579 GUIDANT CORP COMMON 401698105 330 5,000 SH SOLE 5,000 0 HALLIBURTON CO COMMON 406216101 1,560 46,300 SH SOLE 36,800 9,500 HARTFORD FINANCIAL SVCS GRP COMMON 416515104 805 13,005 SH SOLE 10,505 2,500 HCA INC COMMON 404119109 1,757,754 46,074,809 SH SOLE 43,352,959 713,300 2,008,550 HEWLETT PACKARD CO COMMON 428236103 2,145,110 114,405,853 SH SOLE 107,559,817 1,513,423 5,332,613 HOME DEPOT INC COMMON 437076102 244 6,220 SH SOLE 6,220 0 HONDA MOTOR CO LTD - SPON ADR AMERN 438128308 395,260 16,225,800 SH SOLE 15,237,800 247,600 740,400 HONEYWELL INTERNATIONAL INC COMMON 438516106 2,466 68,757 SH SOLE 61,620 7,137 IMS HEALTH INC COMMON 449934108 4,629 193,500 SH SOLE 193,500 0 INGERSOLL RAND CO LTD CLASS A CL A G4776G101 608 8,952 SH SOLE 4,452 4,500 INTERCONTINENTAL HOTELS PLC A COMMON 458573102 238,739 20,652,135 SH SOLE 19,266,616 370,028 1,015,491 INTERNATIONAL BUSINESS MCH CO COMMON 459200101 27,314 318,570 SH SOLE 265,198 53,372 INTERNATIONAL PAPER CO COMMON 460146103 374,510 9,267,758 SH SOLE 8,661,792 115,200 490,766 INTL FLAVORS & FRAGRANCES INC COMMON 459506101 554 14,508 SH SOLE 11,208 3,300 JOHNSON & JOHNSON COMMON 478160104 5,541 98,360 SH SOLE 71,637 26,723 JPMORGAN CHASE & COMPANY COMMON 46625H100 1,497,313 37,687,222 SH SOLE 35,105,688 617,804 1,963,730 KIMBERLY CLARK CORP COMMON 494368103 889 13,766 SH SOLE 13,766 0 KOOKMIN BANK-SPON ADR COMMON 50049M109 58,837 1,847,900 SH SOLE 1,847,900 0 KT CORP-SP ADR COMMON 48268K101 69,353 3,838,000 SH SOLE 3,838,000 0 LEHMAN BROTHERS HOLDINGS INC COMMON 524908100 265 3,320 SH SOLE 2,960 360 LG PHILIPS LCD CO LTD- ADR ADRREP 50186V102 37,118 2,450,000 SH SOLE 2,450,000 0 LIBERTY MEDIA CORP-A COM A 530718105 429,118 49,210,800 SH SOLE 46,403,800 633,700 2,173,300 LINCOLN NATIONAL CORP COMMON 534187109 384 8,164 SH SOLE 8,164 0 LOCKHEED MARTIN CORP COMMON 539830109 920 16,500 SH SOLE 16,500 0 LOEWS CORP COMMON 540424108 862,917 14,750,717 SH SOLE 14,004,767 202,900 543,050 LUBRIZOL CORP COMMON 549271104 88,978 2,571,621 SH SOLE 2,309,171 43,700 218,750 MARSH & MCLENNAN CO COMMON 571748102 1,553 33,932 SH SOLE 33,932 0 MASCO CORP COMMON 574599106 700,437 20,284,875 SH SOLE 18,765,725 358,100 1,161,050 MATSUSHITA ELEC IND ADR COMMON 576879209 907,945 67,656,086 SH SOLE 63,431,186 1,079,800 3,145,100 MAY DEPT STORES CO COMMON 577778103 966,099 37,694,062 SH SOLE 34,956,462 670,300 2,067,300 MBIA INC COMMON 55262C100 210,040 3,608,312 SH SOLE 3,340,844 77,600 189,868 MC DONALDS CORP COMMON 580135101 1,663,124 59,333,726 SH SOLE 55,224,144 1,020,800 3,088,782 MC GRAW-HILL COMPANIES INC COMMON 580645109 720 9,034 SH SOLE 6,534 2,500 MEDTRONIC INC COMMON 585055106 575 11,075 SH SOLE 11,075 0 MELLON FINANCIAL CORP COMMON 58551A108 2,927 105,700 SH SOLE 83,200 22,500 MERCK & CO INC COMMON 589331107 3,739 113,307 SH SOLE 100,622 12,685 MERRILL LYNCH & CO INC COMMON 590188108 259 5,200 SH SOLE 5,200 0 MITSUBISHI TOKYO FINANCIAL GR COMMON 606816106 20,966 2,513,900 SH SOLE 2,513,900 0 MOODY'S CORP COMMON 615369105 6,098 83,250 SH SOLE 83,250 0 MOTOROLA INC COMMON 620076109 563,607 31,242,098 SH SOLE 29,221,313 497,500 1,523,285 NCR CORP COMMON 62886E108 451,271 9,100,046 SH SOLE 8,531,162 148,200 420,684 NEWS CORP LTD SPONS ADR PRF ADRPFD 652487802 1,666,435 53,189,767 SH SOLE 49,954,517 812,500 2,422,750 NISOURCE INC COMMON 65473P105 595 28,300 SH SOLE 21,300 7,000 NORDSTROM INC COMMON 655664100 331,534 8,669,822 SH SOLE 8,207,562 129,600 332,660 NORFOLK SOUTHERN CORP COMMON 655844108 917 30,849 SH SOLE 24,252 6,597 NORSK HYDRO A/S SPONS ADR COMMON 656531605 40,758 556,500 SH SOLE 556,500 0 NOVA CHEMICALS CORP COMMON 66977W109 440,032 11,370,343 SH SOLE 10,552,103 218,600 599,640 NUCOR CORP COMMON 670346105 14,224 155,680 SH SOLE 155,680 0 OCCIDENTAL PETROLEUM CORP COMMON 674599105 763,145 13,644,637 SH SOLE 12,719,267 211,100 714,270 PARKER-HANNIFIN CORP COMMON 701094104 1,379 23,435 SH SOLE 19,760 3,675 PENNEY (J C) CO COMMON 708160106 375 10,640 SH SOLE 10,640 0 PEPSICO INC COMMON 713448108 1,127 23,170 SH SOLE 22,870 300 PETROLEO BRASILEIRO S.A. - AD ADRPFD 71654V101 53,329 1,670,700 SH SOLE 1,670,700 0 PFIZER INC COMMON 717081103 497,837 16,269,181 SH SOLE 15,276,638 272,360 720,183 PITNEY BOWES INC COMMON 724479100 528,974 11,994,876 SH SOLE 11,194,126 189,700 611,050 PNC FINANCIAL SERVICES GROUP COMMON 693475105 3,642 67,324 SH SOLE 61,557 5,767 PPG INDUSTRIES INC COMMON 693506107 3,652 59,600 SH SOLE 59,600 0 PRAXAIR INC COMMON 74005P104 513 12,000 SH SOLE 12,000 0 PROCTER & GAMBLE CO COMMON 742718109 22,492 415,588 SH SOLE 358,808 56,780 PROGRESS ENERGY INC COMMON 743263105 1,626 38,400 SH SOLE 30,000 8,400 QUALCOMM INC COMMON 747525103 406 10,400 SH SOLE 10,400 0 R R DONNELLEY & SONS CO COMMON 257867101 428,515 13,681,843 SH SOLE 12,607,965 242,800 831,078 RIO TINTO PLC-SPON ADR COMMON 767204100 985,525 9,070,636 SH SOLE 8,529,796 131,700 409,140 ROHM & HAAS COMMON 775371107 640,510 14,905,972 SH SOLE 13,793,872 274,600 837,500 ROYAL DUTCH PETROLEUM CO NY REG 780257804 285,238 5,527,868 SH SOLE 4,658,504 236,200 633,164 SAFECO CORP COMMON 786429100 404,224 8,854,851 SH SOLE 8,334,951 127,500 392,400 SBC COMMUNICATIONS, INC COMMON 78387G103 3,389 130,603 SH SOLE 120,225 10,378 SCHERING-PLOUGH CORP COMMON 806605101 1,663,271 87,265,003 SH SOLE 81,363,315 1,393,900 4,507,788 SCHLUMBERGER LTD COMMON 806857108 5,402 80,262 SH SOLE 73,868 6,394 SCOTTISH POWER & LIGHT PLC AD COMMON 81013T705 302,530 9,809,651 SH SOLE 9,219,151 122,000 468,500 SHELL TRANSPORT & TRADING ADR ADR NY 822703609 470,248 10,565,000 SH SOLE 10,565,000 0 SIGMA-ALDRICH CORP COMMON 826552101 1,276 22,000 SH SOLE 22,000 0 SMITH INTERNATIONAL COMMON 832110100 301 4,950 SH SOLE 4,950 0 SONY CORP ADR COMMON 835699307 1,473,806 42,855,646 SH SOLE 40,246,846 632,500 1,976,300 ST PAUL TRAVELERS COMPANIES I COMMON 792860108 924,420 27,961,899 SH SOLE 26,334,657 389,600 1,237,642 STATE STREET CORP COMMON 857477103 846 19,800 SH SOLE 19,800 0 STOLT OFFSHORE SA - ADR COMMON 861567105 41,237 8,450,200 SH SOLE 8,450,200 0 STORAGE TECHNOLOGY COMMON 862111200 369,321 14,620,783 SH SOLE 13,840,333 187,600 592,850 SUNTRUST BANKS INC COMMON 867914103 388 5,516 SH SOLE 5,516 0 SYMYX TECHNOLOGIES COMMON 87155S108 895 38,011 SH SOLE 38,011 0 SYNGENTA AG - ADR COMMON 87160A100 459,636 24,077,300 SH SOLE 22,561,200 394,100 1,122,000 SYSCO CORP COMMON 871829107 229 7,654 SH SOLE 7,054 600 TARGET CORP COMMON 87612E106 31,606 698,472 SH SOLE 613,937 84,535 TEXAS INSTRUMENTS INC COMMON 882508104 3,075 144,510 SH SOLE 105,310 39,200 THE GAP INC COMMON 364760108 393,958 21,067,275 SH SOLE 19,600,575 355,300 1,111,400 THERMO ELECTRON COMMON 883556102 491,724 18,198,534 SH SOLE 16,802,784 350,000 1,045,750 TIME WARNER INC COMMON 887317105 1,620,527 100,404,372 SH SOLE 94,204,272 1,574,100 4,626,000 TORCHMARK CORP COMMON 891027104 510,035 9,590,734 SH SOLE 9,085,734 109,200 395,800 TRIBUNE CO NEW COMMON 896047107 2,408 58,525 SH SOLE 56,633 1,892 TXU CORP COMMON 873168108 7,290 152,138 SH SOLE 119,122 33,016 TYCO INTERNATIONAL LTD COMMON 902124106 4,721 153,972 SH SOLE 151,000 2,972 ULTRAPAR PARTICPACEOS SPON AD ADRPFD 90400P101 17,314 1,085,500 SH SOLE 1,085,500 0 UNIBANCO SPONSORED GDR GDRPFD 90458E107 65,821 2,716,500 SH SOLE 2,716,500 0 UNILEVER NV NY SHS 904784709 1,270,434 21,979,823 SH SOLE 20,754,333 286,200 939,290 UNION PACIFIC CORP COMMON 907818108 1,529,437 26,099,599 SH SOLE 24,529,805 378,600 1,191,194 UNIONBANCAL CORPORATION COMMON 908906100 438 7,400 SH SOLE 2,400 5,000 UNITED TECHNOLOGIES CORP COMMON 913017109 2,126 22,766 SH SOLE 22,766 0 UNOCAL CORP COMMON 915289102 1,225,040 28,489,294 SH SOLE 26,462,144 500,900 1,526,250 UNUMPROVIDENT CORP COMMON 91529Y106 395,362 25,198,357 SH SOLE 23,511,457 504,100 1,182,800 US BANCORP (NEW) COMMON 902973304 333 11,520 SH SOLE 11,520 0 V F CORP COMMON 918204108 523,380 10,584,032 SH SOLE 9,855,532 176,400 552,100 VERIZON COMMUNICATIONS COMMON 92343V104 1,117 28,369 SH SOLE 26,666 1,703 VODAFONE GROUP PLC-SP ADR COMMON 92857W100 430,309 17,847,747 SH SOLE 16,850,347 252,200 745,200 VOLVO AB-SPON ADR ADR B 928856400 226,515 6,429,600 SH SOLE 6,096,000 82,700 250,900 WACHOVIA CORP COMMON 929903102 1,357,955 28,923,438 SH SOLE 27,114,838 428,800 1,379,800 WAL-MART STORES INC COMMON 931142103 921 17,318 SH SOLE 14,918 2,400 WALGREEN CO COMMON 931422109 557 15,549 SH SOLE 15,549 0 WALT DISNEY CO COMMON 254687106 572 25,371 SH SOLE 15,471 9,900 WASHINGTON MUTUAL INC COMMON 939322103 259 6,627 SH SOLE 6,627 0 WELLPOINT HEALTH NETWORKS INC COMMON 94973H108 822,290 7,824,630 SH SOLE 7,335,280 120,500 368,850 WELLS FARGO & CO COMMON 949746101 744,852 12,491,224 SH SOLE 11,622,585 189,500 679,139 WEYERHAEUSER CO COMMON 962166104 3,122 46,962 SH SOLE 34,449 12,513 WHIRLPOOL CORP COMMON 963320106 536,715 8,931,860 SH SOLE 8,392,471 125,900 413,489 WHITE MOUNTAINS INS GROUP, IN COMMON G9618E107 210 400 SH SOLE 400 0 WISCONSIN ENERGY CORP COMMON 976657106 1,180 37,000 SH SOLE 35,200 1,800 WYETH COMMON 983024100 734,889 19,649,437 SH SOLE 18,503,687 295,100 850,650 XEROX CORP COMMON 984121103 1,439,777 102,256,897 SH SOLE 94,744,297 1,876,000 5,636,600 XL CAPITAL LTD CL A G98255105 525 7,096 SH SOLE 7,096 0 3M CO COMMON 88579Y101 5,913 73,939 SH SOLE 68,533 5,406
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