The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Acadia Realty Trust Common 004239109 6,584 322,587 SH   SOLE   143,897 0 178,690
Alexandria Real Estate Equities, Inc. Common 015271109 13,202 69,097 SH   SOLE   36,413 0 32,684
Alibaba Group Holding Ltd ADR 01609W102 190,718 1,288,199 SH   SOLE   1,281,684 0 6,515
Alleghany Corp. Common 017175100 47,413 75,932 SH   SOLE   75,932 0 0
Alphabet Inc., Class A Common 02079K305 707,010 264,449 SH   SOLE   259,909 0 4,540
Alphabet Inc., Class C Common 02079K107 773,144 290,077 SH   SOLE   283,015 0 7,062
Amazon.com, Inc. Common 023135106 916,503 278,993 SH   SOLE   273,081 0 5,912
American Campus Communities, Inc. Common 024835100 18,714 386,245 SH   SOLE   207,160 0 179,085
American Express Co. Common 025816109 686,754 4,099,289 SH   SOLE   4,010,787 0 88,502
American Homes 4 Rent, Class A Common 02665T306 9,859 258,620 SH   SOLE   136,310 0 122,310
American Tower Corp Class A Common 03027X100 17,451 65,750 SH   SOLE   35,340 0 30,410
Americold Realty Trust Common 03064D108 2,534 87,230 SH   SOLE   47,030 0 40,200
Applied Materials, Inc. Common 038222105 1,125,722 8,744,831 SH   SOLE   8,560,087 0 184,744
AvalonBay Communities, Inc. Common 053484101 17,623 79,510 SH   SOLE   43,130 0 36,380
Baidu, Inc., Class A, ADR ADR 056752108 102,339 665,620 SH   SOLE   665,573 0 47
Bank of America Corp. Common 060505104 142,201 3,349,842 SH   SOLE   3,349,842 0 0
Bank of N.T. Butterfield & Son Ltd. Common G0772R208 140,885 3,967,465 SH   SOLE   3,967,350 0 115
Bank of New York Mellon Corp. Common 064058100 766,021 14,776,642 SH   SOLE   14,521,892 0 254,750
Berkshire Hathaway Inc., Class A Common 084670108 1,002,531 2,437 SH   SOLE   2,437 0 0
Berkshire Hathaway Inc., Class B Common 084670702 414,468 1,518,531 SH   SOLE   1,430,217 0 88,314
Boston Properties, Inc. Common 101121101 7,786 71,860 SH   SOLE   40,890 0 30,970
Brixmor Property Group, Inc. Common 11120U105 17,313 783,030 SH   SOLE   422,830 0 360,200
Camden Property Trust Common 133131102 9,080 61,570 SH   SOLE   37,980 0 23,590
Capital One Financial Corp. Common 14040H105 1,940,648 11,981,529 SH   SOLE   11,789,342 0 192,187
CarMax, Inc. Common 143130102 481 3,760 SH   SOLE   0 0 3,760
Carrier Global Corp. Common 14448C104 46,781 903,815 SH   SOLE   847,740 0 56,075
Charles Schwab Corp. Common 808513105 62,288 855,141 SH   SOLE   855,141 0 0
China Index Holdings Ltd., ADR ADR 16954W101 6,676 4,510,863 SH   SOLE   4,503,829 0 7,034
Chubb Ltd. Common H1467J104 318,810 1,837,733 SH   SOLE   1,811,521 0 26,212
Cigna Corp. Common 125523100 669,127 3,342,960 SH   SOLE   3,268,639 0 74,321
Clear Secure, Inc. Common 18467V109 20,672 503,579 SH   SOLE   503,579 0 0
Coresite Realty Corp. Common 21870Q105 6,574 47,455 SH   SOLE   24,150 0 23,305
Coupang, Inc., Class A Common 22266T109 116,944 4,199,082 SH   SOLE   4,111,755 0 87,327
Cousins Properties, Inc. Common 222795502 13,765 369,135 SH   SOLE   206,160 0 162,975
Crown Castle International Corp. Common 22822V101 7,279 42,000 SH   SOLE   22,000 0 20,000
CVS Health Corp. Common 126650100 66,123 779,200 SH   SOLE   761,975 0 17,225
CyrusOne Inc. Common 23283R100 11,243 145,235 SH   SOLE   80,150 0 65,085
Darling Ingredients, Inc. Common 237266101 228,980 3,184,695 SH   SOLE   3,092,646 0 92,049
Davis Select Financial ETF ETF 23908L108 60,682 1,995,446 SH   SOLE   1,995,446 0 0
Davis Select International ETF ETF 23908L405 74,644 3,794,802 SH   SOLE   3,794,802 0 0
Davis Select U.S. Equity ETF ETF 23908L207 110,245 3,253,975 SH   SOLE   3,253,975 0 0
Davis Select Worldwide ETF ETF 23908L306 55,991 1,883,939 SH   SOLE   1,883,939 0 0
DiDi Global Inc., ADS ADR 23292E108 354,037 47,520,152 SH   SOLE   47,520,152 0 0
Digital Realty Trust, Inc. Common 253868103 13,312 92,155 SH   SOLE   50,315 0 41,840
Douglas Emmett, Inc. Common 25960P109 9,275 293,430 SH   SOLE   156,540 0 136,890
DXC Technology Co. Common 23355L106 2,265 67,379 SH   SOLE   67,379 0 0
Eaton Corp. PLC Common G29183103 29,933 200,477 SH   SOLE   184,770 0 15,707
Equinix, Inc. Common 29444U700 20,526 25,978 SH   SOLE   14,598 0 11,380
Equity Residential Common 29476L107 15,620 193,025 SH   SOLE   105,790 0 87,235
Essex Property Trust, Inc. Common 297178105 17,385 54,371 SH   SOLE   27,910 0 26,461
Everest Re Group, Ltd. Common G3223R108 14,083 56,156 SH   SOLE   56,156 0 0
Extra Space Storage Inc. Common 30225T102 8,040 47,860 SH   SOLE   26,880 0 20,980
Facebook, Inc, Class A Common 30303M102 912,170 2,687,674 SH   SOLE   2,633,522 0 54,152
Fang Holdings Ltd., Class A, ADR ADR 30711Y300 500 79,407 SH   SOLE   79,407 0 0
Federal Realty Investment Trust Common 313747206 11,534 97,750 SH   SOLE   49,590 0 48,160
Ferguson PLC Common G3421J106 15,200 108,985 SH   SOLE   93,871 0 15,114
Greenlight Capital Re, Ltd., Class A Common G4095J109 7,354 995,164 SH   SOLE   995,164 0 0
Healthcare Trust of America, Inc. Common 42225P501 8,050 271,420 SH   SOLE   143,320 0 128,100
Healthpeak Properties, Inc. Common 42250P103 10,431 311,556 SH   SOLE   166,180 0 145,376
Highwoods Properties, Inc. Common 431284108 7,761 176,940 SH   SOLE   91,280 0 85,660
Hollysys Automation Technologies, Ltd. Common G45667105 143,474 6,934,478 SH   SOLE   6,934,478 0 0
Host Hotels & Resorts, Inc. Common 44107P104 19,068 1,167,670 SH   SOLE   626,470 0 541,200
Hudson Pacific Properties, Inc. Common 444097109 9,105 346,580 SH   SOLE   174,930 0 171,650
Humana Inc. Common 444859102 17,633 45,311 SH   SOLE   41,477 0 3,834
IAC/InterActiveCorp. Common 44891N208 277,627 2,130,841 SH   SOLE   2,087,899 0 42,942
Intel Corp. Common 458140100 697,879 13,098,323 SH   SOLE   12,858,186 0 240,137
iQIYI, Inc., Class A, ADR ADR 46267X108 41,218 5,132,973 SH   SOLE   5,132,731 0 242
iShares S&P 500 Value Index Fund ETF 464287408 275 1,894 SH   SOLE   1,846 0 48
JD.com, Inc., Class A, ADR ADR 47215P106 862,029 11,932,842 SH   SOLE   11,772,973 0 159,869
Johnson Controls International PLC Common G51502105 35,444 520,627 SH   SOLE   482,930 0 37,697
JPMorgan Chase & Co. Common 46625H100 815,282 4,980,647 SH   SOLE   4,884,811 0 95,836
Lam Research Corp. Common 512807108 1,397 2,455 SH   SOLE   2,455 0 0
Liberty Global plc, Series C Common G5480U120 25,187 854,964 SH   SOLE   854,964 0 0
Liberty Media Corp., Series A Common 531229870 34,074 724,211 SH   SOLE   724,053 0 158
Liberty Media Corp., Series C Common 531229854 40,591 789,546 SH   SOLE   789,546 0 0
Liberty TripAdvisor Hldgs Inc. - A Common 531465102 931 301,274 SH   SOLE   301,274 0 0
Life Storage, Inc. Common 53223X107 7,410 64,580 SH   SOLE   33,270 0 31,310
Loews Corp. Common 540424108 137,188 2,543,809 SH   SOLE   2,508,672 0 35,137
M&T Bank Corp. Common 55261F104 22,316 149,429 SH   SOLE   149,429 0 0
Markel Corp. Common 570535104 262,930 220,001 SH   SOLE   216,651 0 3,350
Microsoft Corp. Common 594918104 126,763 449,640 SH   SOLE   429,908 0 19,732
Missfresh Ltd., Class B, ADS ADR 60500F105 25,894 6,211,241 SH   SOLE   6,211,241 0 0
Noah Holdings Ltd., Class A, ADS ADR 65487X102 34,799 937,227 SH   SOLE   937,184 0 43
Novartis AG - ADR ADR 66987V109 3,677 44,968 SH   SOLE   44,968 0 0
Oracle Corp. Common 68389X105 23,308 267,512 SH   SOLE   246,270 0 21,242
Owens Corning Common 690742101 57,738 675,301 SH   SOLE   620,480 0 54,821
PNC Financial Services Group, Inc. Common 693475105 97,152 496,587 SH   SOLE   496,587 0 0
Prologis, Inc. Common 74340W103 33,446 266,652 SH   SOLE   143,922 0 122,730
Public Storage, Inc. Common 74460D109 17,030 57,320 SH   SOLE   31,940 0 25,380
Quest Diagnostics, Inc. Common 74834L100 398,579 2,742,956 SH   SOLE   2,654,350 0 88,606
Quotient Technology, Inc. Common 749119103 21,755 3,737,915 SH   SOLE   3,582,227 0 155,688
Raytheon Technologies Corp. Common 75513E101 190,476 2,215,873 SH   SOLE   2,145,407 0 70,466
Retail Opportunity Investments Corp. Common 76131N101 9,973 572,485 SH   SOLE   271,015 0 301,470
Rexford Industrial Realty, Inc. Common 76169C100 18,724 329,930 SH   SOLE   174,810 0 155,120
Rocket Companies, Inc., Class A Common 77311W101 38,956 2,428,674 SH   SOLE   2,428,674 0 0
Ryman Hospitality Properties, Inc. Common 78377T107 3,137 37,480 SH   SOLE   19,910 0 17,570
SAP SE, ADR ADR 803054204 16,852 124,796 SH   SOLE   116,898 0 7,898
Simon Property Group, Inc. Common 828806109 19,306 148,540 SH   SOLE   85,020 0 63,520
SL Green Realty Corp. Common 78440X804 3,719 52,492 SH   SOLE   25,566 0 26,926
State Street Corp. Common 857477103 5,864 69,212 SH   SOLE   69,212 0 0
Sun Communities, Inc. Common 866674104 5,836 31,530 SH   SOLE   16,500 0 15,030
Sunstone Hotel Investors, Inc. Common 867892101 14,400 1,205,990 SH   SOLE   655,810 0 550,180
Teck Resources Ltd., Class B Common 878742204 62,145 2,494,773 SH   SOLE   2,491,982 0 2,791
Terreno Realty Corp. Common 88146M101 18,201 287,847 SH   SOLE   147,754 0 140,093
Texas Instruments, Inc. Common 882508104 628,270 3,268,663 SH   SOLE   3,188,624 0 80,039
Trip.com Group Ltd., ADR ADR 89677Q107 13,441 437,111 SH   SOLE   437,111 0 0
Truist Financial Corp. Common 89832Q109 3,068 52,316 SH   SOLE   52,316 0 0
UDR, Inc. Common 902653104 6,139 115,870 SH   SOLE   60,050 0 55,820
U.S. Bancorp Common 902973304 1,063,576 17,893,269 SH   SOLE   17,549,267 0 344,002
Ulta Beauty, Inc. Common 90384S303 1,112 3,080 SH   SOLE   3,080 0 0
UnitedHealth Group, Inc. Common 91324P102 73,079 187,028 SH   SOLE   171,682 0 15,346
Ventas, Inc. Common 92276F100 8,838 160,080 SH   SOLE   91,380 0 68,700
Viatris, Inc. Common 92556V106 592,620 43,735,795 SH   SOLE   42,703,805 0 1,031,990
VICI Properties, Inc. Common 925652109 4,345 152,930 SH   SOLE   79,310 0 73,620
Vimeo, Inc. Common 92719V100 101,577 3,458,540 SH   SOLE   3,389,546 0 68,994
VMware, Inc., Class A Common 928563402 11,520 77,471 SH   SOLE   72,392 0 5,079
Vornado Realty Trust Common 929042109 4,314 102,690 SH   SOLE   55,574 0 47,116
Vroom, Inc. Common 92918V109 159,881 7,244,261 SH   SOLE   7,108,767 0 135,494
Wells Fargo & Co. Common 949746101 1,834,701 39,532,458 SH   SOLE   38,905,553 0 626,905
Welltower Inc. Common 95040Q104 17,617 213,800 SH   SOLE   116,300 0 97,500