0001508097-12-000006.txt : 20120213 0001508097-12-000006.hdr.sgml : 20120213 20120213120505 ACCESSION NUMBER: 0001508097-12-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120213 DATE AS OF CHANGE: 20120213 EFFECTIVENESS DATE: 20120213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sanders Capital, LLC CENTRAL INDEX KEY: 0001508097 IRS NUMBER: 270705845 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14100 FILM NUMBER: 12596704 BUSINESS ADDRESS: STREET 1: 390 PARK AVENUE STREET 2: 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122917900 MAIL ADDRESS: STREET 1: 390 PARK AVENUE STREET 2: 17TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 sanders13fhrtofile-4q2011.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 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: Sanders Capital, LLC Address: 390 Park Avenue, 17th Floor New York, NY 10022 13F File Number: 028-14100 The institutional investment manager filing this report and the person by whom it is signed hereby represents 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 submission. Person Signing this Report on Behalf of Reporting Manager: Name: Michael Borgia Title: CFO Phone: 212-291-7915 Signature, Place, and Date of Signing Michael Borgia New York, NY February 13, 2012 Report Type (Check only one.): [] 13F HOLDINGS REPORT. [] 13F NOTICE. [X] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 028-01190 Frank Russell Company FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 56 Form 13F Information Table Value Total: $4,162,456 (thousands) List of Other Included Managers: FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ---------------------------- -------------- --------- -------- -------- --- ---- ------- --------- -------- -------- -------- ABBOTT LABS COM 002824100 46521 827339 SH SOLE 170562 0 656777 APACHE CORP COM 037411105 113390 1264165 SH SOLE 426865 0 837300 BANCO SANTANDER SA ADR 05964H105 2 320 SH SOLE 320 0 0 BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 3181 160900 SH SOLE 160900 0 0 BARCLAYS BK PLC ADR 2 PREF 2 06739F390 229 12500 SH SOLE 12500 0 0 BARCLAYS PLC ADR 06738E204 2591 235800 SH SOLE 235800 0 0 BP PLC SPONSORED ADR 055622104 185187 4332866 SH SOLE 1384696 0 2948170 CHEVRON CORP NEW COM 166764100 127483 1210510 SH SOLE 495610 0 714900 CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 116 1100 SH SOLE 1100 0 0 CORNING INC COM 219350105 123521 9608174 SH SOLE 3463074 0 6145100 DELL INC COM 24702R101 27933 1909300 SH SOLE 385300 0 1524000 EXXON MOBIL CORP COM 30231G102 152526 1799500 SH SOLE 599700 0 1199800 GENERAL DYNAMICS CORP COM 369550108 160364 2442334 SH SOLE 874834 0 1567500 GENERAL ELECTRIC CO COM 369604103 75351 4252152 SH SOLE 1075352 0 3176800 GENUINE PARTS CO COM 372460105 100487 1641948 SH SOLE 249500 0 1392448 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 128 2800 SH SOLE 2800 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 83337 929398 SH SOLE 299498 0 629900 HONDA MOTOR LTD AMERN SHS 438128308 1766 57800 SH SOLE 57800 0 0 INTEL CORP COM 458140100 186341 7752971 SH SOLE 2968653 0 4784318 INTERNATIONAL BUSINESS MACHS COM 459200101 207245 1137416 SH SOLE 415061 0 722355 ISHARES INC MSCI BRAZIL 464286400 1311 29860 SH SOLE 29860 0 0 ISHARES INC MSCI S KOREA 464286772 5564 121520 SH SOLE 121520 0 0 JOHNSON & JOHNSON COM 478160104 138147 2120461 SH SOLE 698561 0 1421900 JPMORGAN CHASE & CO COM 46625H100 76964 2314700 SH SOLE 410100 0 1904600 KRAFT FOODS INC CL A 50075N104 53735 1438300 SH SOLE 241300 0 1197000 LINCOLN NATL CORP IND COM 534187109 74720 3847561 SH SOLE 779100 0 3068461 MEDTRONIC INC COM 585055106 104468 2754935 SH SOLE 1048835 0 1706100 MERCK & CO INC NEW COM 58933Y105 183820 4925327 SH SOLE 1713127 0 3212200 METLIFE INC COM 59156R108 112804 3650390 SH SOLE 909090 0 2741300 MICROSOFT CORP COM 594918104 193452 7510791 SH SOLE 2984191 0 4526600 NATIONAL WESTMINSTER BK PLC SPON ADR C 638539882 51 3030 SH SOLE 3030 0 0 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 86958 2904333 SH SOLE 1079255 0 1825078 NOVARTIS A G SPONSORED ADR 66987V109 252 4400 SH SOLE 4400 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 104065 1120087 SH SOLE 479487 0 640600 OMNICOM GROUP INC COM 681919106 125979 2825900 SH SOLE 526600 0 2299300 PARTNERRE LTD COM G6852T105 48911 769729 SH SOLE 350629 0 419100 PFIZER INC COM 717081103 208854 9699330 SH SOLE 3375641 0 6323689 RAYTHEON CO COM NEW 755111507 86917 1796548 SH SOLE 611960 0 1184588 ROYAL BK SCOTLAND GROUP PLC SPON ADR SER H 780097879 1186 72559 SH SOLE 72559 0 0 ROYAL BK SCOTLAND GROUP PLC SPON ADR F 780097804 1193 70286 SH SOLE 70286 0 0 ROYAL DUTCH SHELL PLC SPON ADR B 780259107 126586 1665391 SH SOLE 704101 0 961290 SANOFI SPONSORED ADR 80105N105 3252 89000 SH SOLE 89000 0 0 SEMPRA ENERGY COM 816851109 58751 1068200 SH SOLE 224500 0 843700 SPDR S&P 500 ETF TR TR UNIT 78462F103 94572 754200 SH SOLE 128300 0 625900 ST JUDE MED INC COM 790849103 87284 2565996 SH SOLE 930696 0 1635300 STANLEY BLACK & DECKER INC COM 854502101 2988 44200 SH SOLE 44200 0 0 TOTAL S A SPONSORED ADR 89151E109 3046 59600 SH SOLE 59600 0 0 UNITEDHEALTH GROUP INC COM 91324P102 155791 3083050 SH SOLE 1082250 0 2000800 UNUM GROUP COM 91529Y106 39152 1858200 SH SOLE 350700 0 1507500 VALERO ENERGY CORP NEW COM 91913Y100 33992 1641658 SH SOLE 492858 0 1148800 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 5124 144500 SH SOLE 144500 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 55544 1981600 SH SOLE 866200 0 1115400 WAL MART STORES INC COM 931142103 127217 2128800 SH SOLE 425000 0 1703800 WELLPOINT INC COM 94973V107 122740 1874153 SH SOLE 713093 0 1161060 WELLS FARGO & CO NEW COM 949746101 2456 89100 SH SOLE 89100 0 0 WESTERN DIGITAL CORP COM 958102105 36911 1192600 SH SOLE 234900 0 957700