13F-HR 1 x13f093008final.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F-HR FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2008 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: DAVIS SELECTED ADVISERS, LP Address: 2949 East Elvira Road, Suite 101 Tucson, Arizona 85706 13F File Number: 28-04121 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: Anthony Frazia,JD, CRCP Title: Co-Chief Compliance Officer/Director of Institutional, Operations,Compliance and Risk Management Phone: (212) 891-5508 Signature, Place, and Date of Signing: Anthony Frazia New York, New York November 12, 2008 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: none I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Mangers: 0 Form 13F Information Table Entry Total: 230 Form 13F Information Table Value Total: $75,347,993,000 List of Other Included Managers: None Form 13F Information Table Form 13F Information Table Value Shares/ SH/PUT/Invstmt Other Voting Authority Name of Issuer Title of Class CUSIP (x$1000) PRN AMT PRNCALLDscretn Managers Sole Shared None ------------------------------ ---------------- --------- -------- -------- -------------- -------- -------- ----- -------- 3M Company Common Stock 88579Y101 444 6500SH Sole 6500 0 0 ABB Limited ADR Foreign - ADR 000375204 44506 2294100SH Sole 2145700 0 148400 AES Corp. Common Stock 00130H105 204334 17479420SH Sole 16487190 0 992230 AES Trust III,6.75%,10/15/29 Preferred Stock 00808N202 11076 288810SH Sole 288810 0 0 AFLAC, Inc. Common Stock 001055102 26295 447572SH Sole 377329 0 70243 Agilent Technologies, Inc. Common Stock 00846U101 809539 27293958SH Sole 25432904 0 1861054 Alexander & Baldwin, Inc. Common Stock 014482103 17396 395105SH Sole 283139 0 111966 Alexandria Real Estate Equities Common Stock 015271109 180678 1606029SH Sole 517372 0 1088657 Alleghany Corp Common Stock 017175100 612 1677SH Sole 1677 0 0 Allstate Corp Common Stock 020002101 896 19436SH Sole 19436 0 0 Altria Group Inc. Common Stock 02209S103 873873 44046025SH Sole 41389007 0 2657018 Amazon.Com, Inc. Common Stock 023135106 231988 3188398SH Sole 2990256 0 198142 AMB Property Corp. Common Stock 00163T109 53112 1172446SH Sole 0 0 1172446 Ambac Financial Group Inc. Common Stock 023139108 41729 17909242SH Sole 16620436 0 1288806 America Movil S.A.B. de C.V Foreign - ADR 02364W105 3185 68693SH Sole 68693 0 0 American Campus Communities Common Stock 024835100 107061 3159994SH Sole 1120208 0 2039786 American Express Co. Common Stock 025816109 2943543 83080521SH Sole 78225657 0 4854864 American International Group IncCommon Stock 026874107 234190 70327388SH Sole 67570603 0 2756785 American Tower Corp Cl A Common Stock 029912201 6440 179036SH Sole 146832 0 32204 Ameriprise Financial, Inc. Common Stock 03076C106 509041 13325670SH Sole 12805975 0 519695 Aon Corp. Common Stock 037389103 710463 15802118SH Sole 14820033 0 982086 Autozone Inc., 5.5 11/15/2015 Corporate Bond 053332AF9 1775 1900000SH Sole 1900000 0 0 Avalonbay Communities, Inc. Common Stock 053484101 69533 706496SH Sole 145268 0 561228 Avon Products 4.2 07/15/18 Corporate Bond 054303AR3 5039 6000000SH Sole 6000000 0 0 Avon Products, Inc. Common Stock 054303102 263545 6339786SH Sole 5951664 0 388122 Axis Capital Holdings Limited Common Stock G0692U109 4177 131714SH Sole 131714 0 0 Bank of America Corp. Common Stock 060505104 1208 34502SH Sole 34502 0 0 Bank of New York Mellon Corp. Common Stock 064058100 1729598 53087736SH Sole 50059383 0 3028353 Bed Bath + Beyond Inc. Common Stock 075896100 688159 21908909SH Sole 20534389 0 1374520 Berkshire Hathaway Inc., Cl A Common Stock 084670108 2718439 20815SH Sole 20022 0 793 Berkshire Hathaway Inc., Cl B Common Stock 084670207 806632 183534SH Sole 155999 0 27535 Blount International, Inc. Common Stock 095180105 45401 4079144SH Sole 3391388 0 687756 Boston Properties, Inc. Common Stock 101121101 127607 1362446SH Sole 403861 0 958585 BP Amoco PLC - ADR Foreign - ADR 055622104 853 17000SH Sole 17000 0 0 Brookfield Asset Magmnt CL A Foreign Stock 112585104 384920 14027696SH Sole 12921855 0 1105841 Brown & Brown, Inc. Common Stock 115236101 17153 793406SH Sole 655344 0 138062 Burlington Northern Santa Fe IncCommon Stock 12189T104 11979 129601SH Sole 92910 0 36691 Canadian Natural Resources Ltd. Foreign Stock 136385101 1586829 23178929SH Sole 21917327 0 1261602 Cardinal Health Inc. Common Stock 14149Y108 556524 11293098SH Sole 10518170 0 774928 CarMax, Inc. Common Stock 143130102 436309 31164899SH Sole 29241140 0 1923759 Chesapeake Energy Corp. Common Stock 165167107 509 14200SH Sole 14200 0 0 Chevron Corp. Common Stock 166764100 3720 45102SH Sole 45102 0 0 China Life Insurance, Co. Foreign - ADR 16939P106 23609 424463SH Sole 424463 0 0 Chubb Corp. Common Stock 171232101 4246 77344SH Sole 77344 0 0 Cisco Systems, Inc. Common Stock 17275R102 406033 17997897SH Sole 16767720 0 1230177 Citigroup Inc. Common Stock 172967101 433266 21124618SH Sole 19822123 0 1302495 Citigroup Inc. 6.5% 12/31/49 Preferred Stock 172967598 16400 400000SH Sole 400000 0 0 Clark Holdings, Inc. Common Stock 18145M109 2093 1493715SH Sole 1493715 0 0 CME Group Inc. Common Stock 12572Q105 925 2491SH Sole 2491 0 0 CNA Financial Corporation Common Stock 126117100 348 13268SH Sole 13268 0 0 Cogdell Spencer, Inc. Common Stock 19238U107 40487 2524158SH Sole 1485462 0 1038696 Comcast Corp - Special Class A Common Stock 20030N200 2034670 103177986SH Sole 96030920 0 7147066 Companhia Vale do Rio Doce Foreign - ADR 204412100 1894 107020SH Sole 107020 0 0 ConocoPhillips Common Stock 20825C104 3355684 45811382SH Sole 42977713 0 2833669 Continental Airlines Financial Preferred Stock 210796306 4174 161300SH Sole 161300 0 0 Convera Corp. Common Stock 211919105 791 790758SH Sole 790758 0 0 Corporate Office Properties TrusCommon Stock 22002T108 148463 3679374SH Sole 960934 0 2718440 Costco Wholesale Corp. Common Stock 22160K105 3782555 58255885SH Sole 54591463 0 3664423 Cousins Properties, Inc. Common Stock 222795106 93585 3709289SH Sole 1533661 0 2175628 Covidien Ltd. Common Stock G2552X108 705432 13121884SH Sole 12242407 0 879477 CVS Caremark Corp. Common Stock 126650100 1132209 33636634SH Sole 31482397 0 2154237 D & B Corp. Common Stock 26483E100 822607 8717756SH Sole 8359184 0 358572 DCT Industrial Trust Inc. Common Stock 233153105 76837 10258622SH Sole 1702083 0 8556539 Dell Inc. Common Stock 24702R101 559055 33923257SH Sole 31493042 0 2430215 Developers Diversified Common Stock 251591103 32269 1018276SH Sole 0 0 1018276 Devon Energy Corp. Common Stock 25179M103 2660521 29172375SH Sole 27287512 0 1884863 Diageo PLC - ADR Foreign - ADR 25243Q205 383724 5572517SH Sole 4640408 0 932109 Digital Realty LP DLR - Series DPreferred Stock 253868608 18891 650000SH Sole 650000 0 0 Digital Realty LP DLR 4.125 Corporate Bond 25389JAA4 11350 7750000SH Sole 7750000 0 0 Digital Realty Trust Inc. Common Stock 253868103 181093 3832660SH Sole 1279498 0 2553162 Discover Financial Services Common Stock 254709108 63131 4568097SH Sole 4284546 0 283551 Disney Walt Holdings Common Stock 254687106 27406 892995SH Sole 735047 0 157948 eBay Inc. Common Stock 278642103 155668 6955660SH Sole 6510350 0 445310 EOG Resources, Inc. Common Stock 26875P101 2149312 24025396SH Sole 22490348 0 1535048 Equity Residential - Series E Preferred Stock 29476L883 3097 63200SH Sole 49600 0 13600 EQUITY RESIDENTIAL PP COMMON 29476L107 273 6146SH Sole 6021 0 125 Essex Property Trust, Inc. Common Stock 297178105 114971 971615SH Sole 261352 0 710263 ETRADE Financial Corp. Common Stock 269246104 44732 15975812SH Sole 14747243 0 1228569 Everest Re Group, Ltd. Common Stock G3223R108 102666 1186480SH Sole 1124921 0 61559 Express Scripts Inc - Class A Common Stock 302182100 786361 10652406SH Sole 9999777 0 652629 Exxon Mobil Corp. Common Stock 30231G102 2578 33200SH Sole 33200 0 0 Fairchild Semiconductor Int Common Stock 303726103 4071 457900SH Sole 457900 0 0 Federal Realty Investment Trust Common Stock 313747206 63027 736296SH Sole 172313 0 563983 First Potomac Realty Trust Common Stock 33610F109 32248 1875977SH Sole 694088 0 1181889 Fluor Corp Common Stock 343412102 1103 19800SH Sole 19800 0 0 FMC Technologies, Inc. Common Stock 30249U101 466 10000SH Sole 10000 0 0 Forest City Ent FCE 3.625 Corporate Bond 345550AH0 17457 23000000SH Sole 23000000 0 0 Forest City Enterprises - A Common Stock 345550107 89287 2911220SH Sole 2412958 0 498262 FPIC Insurance Group, Inc. Common Stock 302563101 21979 427694SH Sole 427694 0 0 Garmin Ltd. Common Stock G37260109 181794 5356325SH Sole 4760186 0 596139 General Electric Co Common Stock 369604103 27327 1071661SH Sole 1069456 0 2205 General Growth Prop 3.98 4/15/27Corporate Bond 36170XAA3 12495 21000000SH Sole 21000000 0 0 General Growth Properties Inc. Common Stock 370021107 86904 5755217SH Sole 2208247 0 3546970 Goldman Sachs Group Inc. Common Stock 38141G104 282347 2205835SH Sole 2080675 0 125160 Google Inc. Class A Common Stock 38259P508 579416 1445506SH Sole 1334362 0 111144 Gramercy Capital Corp. Common Stock 384871109 9408 3632428SH Sole 501129 0 3131299 Grupo Televisa SA-Spons Foreign - ADR 40049J206 843870 38585725SH Sole 35994335 0 2591390 H & R Block, Inc. Common Stock 093671105 1026133 45104746SH Sole 42207553 0 2897193 Halliburton Co. Common Stock 406216101 645 19900SH Sole 19900 0 0 Harley-Davidson, Inc. Common Stock 412822108 885803 23748075SH Sole 22297041 0 1451034 Hewlett Packard Co. Common Stock 428236103 718966 15548569SH Sole 14596496 0 952073 Highwoods Properties Inc. Common Stock 431284108 67011 1884457SH Sole 0 0 1884457 Hunter Douglas N.V. Foreign Stock 5291810 99196 2440493SH Sole 2293212 0 147281 ICICI Bank Limited -ADR Foreign - ADR 45104G104 2319 98600SH Sole 98600 0 0 IDEXX Laboratories, Inc. Common Stock 45168D104 38499 702543SH Sole 584640 0 117903 Ing Groep N.V. Foreign - ADR 456837103 556 25990SH Sole 25990 0 0 Intel Corp 2.95 12/15/2035 Corporate Bond 458140AD2 31455 36000000SH Sole 36000000 0 0 International Business Machines Common Stock 459200101 2892 24728SH Sole 24728 0 0 International Rectifier Corp. Common Stock 460254105 5643 296700SH Sole 296700 0 0 Iron Mountain Inc. Common Stock 462846106 999861 40961109SH Sole 38164073 0 2797036 iShares S & P 500 Index Fund Common Stock 464287200 2535 21700SH Sole 21700 0 0 ISHARES TR S&P500/BAR Common Stock 464287408 3511 58660SH Sole 58660 0 0 JC Penney (Holding Co) Inc. Common Stock 708160106 8350 250450SH Sole 250450 0 0 Johnson & Johnson Common Stock 478160104 478040 6900110SH Sole 6327750 0 572360 Johnson Controls, Inc. Common Stock 478366107 12033 396723SH Sole 323469 0 73254 JPMorgan Chase & Co. Common Stock 46625H100 3968368 84975766SH Sole 79810388 0 5165378 Kohls Corp Common Stock 500255104 33887 735400SH Sole 735400 0 0 Kohls Corp Bond Corporate Bond 500255AP9 9241 10000000SH Sole 10000000 0 0 Koninklijke Philips Electronics Foreign - ADR 500472303 2000 73381SH Sole 73381 0 0 Level 3 Communications, 10% 5/1Corporate Bond 52729NBE9 96875 100000000SH Sole 1E+08 0 0 Liberty Global, Inc. -Class C Common Stock 530555309 1263 44953SH Sole 44953 0 0 Liberty Media Capital Series A Common Stock 53071M302 29074 2172917SH Sole 2029581 0 143336 Liberty Media Corp Enter Ser A Common Stock 53071M500 230531 9232303SH Sole 8553182 0 679121 Liberty Media Interactive Ser A Common Stock 53071M104 152470 11810205SH Sole 10932614 0 877591 Liberty Property Trust Common Stock 531172104 47624 1264912SH Sole 0 0 1264912 Loews Corp. Common Stock 540424108 1857280 47031659SH Sole 44138131 0 2893529 Lowes Cos Inc. Common Stock 548661107 277897 11730554SH Sole 10975359 0 755195 M B I A Inc. Common Stock 55262C100 82184 6906200SH Sole 6454281 0 451919 Macerich Co Common Stock 554382101 42429 666600SH Sole 0 0 666600 Markel Corp. Common Stock 570535104 165065 469603SH Sole 422119 0 47484 Martin Marietta Materials, Inc. Common Stock 573284106 709093 6332315SH Sole 5975920 0 356395 Masco Corp, 6.125 10/03/16 Corporate Bond 574599BD7 10427 12000000SH Sole 12000000 0 0 Masco Corp. Common Stock 574599106 12081 673400SH Sole 673400 0 0 Merck & Co., Inc. Common Stock 589331107 1471 46600SH Sole 46600 0 0 Mercury General Corp. Common Stock 589400100 1971 36000SH Sole 36000 0 0 Merrill Lynch & Co. Inc. Common Stock 590188108 1908847 75448510SH Sole 70680658 0 4767852 Microsoft Corp. Common Stock 594918104 1864848 69870674SH Sole 65216099 0 4654575 Monsanto Co. Common Stock 61166W101 1980 20000SH Sole 20000 0 0 Moody's Corp. Common Stock 615369105 641740 18874696SH Sole 17727798 0 1146897 Morgan Stanley Common Stock 617446448 53878 2342534SH Sole 2189601 0 152933 Nabors 0.94 Cpn Conv Bond Corporate Bond 629568AP1 18848 21000000SH Sole 21000000 0 0 Nabors Industries Ltd. Common Stock G6359F103 8099 325000SH Sole 325000 0 0 Netflix Inc. Common Stock 64110L106 63870 2068324SH Sole 1699086 0 369238 News America Inc.NCPO 02/28/21-0Corporate Bond 652482AZ3 9409 16050000SH Sole 16050000 0 0 News Corp., Class A Common Stock 65248E104 892672 74451409SH Sole 69577995 0 4873414 News Corp., Class B Common Stock 65248E203 1397 115000SH Sole 115000 0 0 Nokia Oyj Corp. Foreign - ADR 654902204 614 32940SH Sole 32940 0 0 Occidental Petroleum Corp. Common Stock 674599105 2260600 32088005SH Sole 30010983 0 2077022 Old Republic International Inc. Common Stock 680223104 472 36990SH Sole 36990 0 0 PACCAR Inc Common Stock 693718108 30885 808725SH Sole 768675 0 40050 Philip Morris International Common Stock 718172109 2121663 44109416SH Sole 41435701 0 2673715 Power Corp. of Canada Foreign Stock 739239101 9464 322810SH Sole 322810 0 0 Principal Financial Group, Inc. Common Stock 74251V102 191330 4399408SH Sole 4116448 0 282960 Procter & Gamble Co. Common Stock 742718109 1291388 18530463SH Sole 17487862 0 1042601 Progressive Corp. Common Stock 743315103 1404402 80712763SH Sole 75607937 0 5104826 Quanta Services 4.5%, 10/1/2023 Corporate Bond 74762EAC6 20613 8500000SH Sole 8500000 0 0 Reckson Operating SLG4 06/15/25 Corporate Bond 75621LAJ3 15525 18000000SH Sole 18000000 0 0 Redwood Trust Inc. Common Stock 758075402 75768 3486813SH Sole 3232060 0 254753 Regency Centers Corporation Common Stock 758849103 48428 726163SH Sole 214988 0 511175 RenaissanceRe Holdings Ltd Common Stock G7496G103 7886 151659SH Sole 124299 0 27360 Ryanair Holdings PLC Foreign - ADR 783513104 927 41350SH Sole 41350 0 0 Schering Plough Corp Common Stock 806605101 310620 16817526SH Sole 15429731 0 1387795 Schlumberger Ltd. Common Stock 806857108 5482 70200SH Sole 70200 0 0 School Specialty Inc Common Stock 807863105 3743 120000SH Sole 120000 0 0 School Specialty SCHS 3.75 Corporate Bond 807863AL9 7246 8500000SH Sole 8500000 0 0 School Specialty, Inc., Conv.SubCorporate Bond 807863AE5 20637 22101000SH Sole 22101000 0 0 Sealed Air Corp. Common Stock 81211K100 1287112 58531707SH Sole 54797614 0 3734093 Sealed Air Corp. 3% CB 06/30/33 Corporate Bond 81211KAG5 7490 8000000SH Sole 8000000 0 0 Sears Holdings Corp. Common Stock 812350106 189251 2024078SH Sole 1917505 0 106573 Selective Insurance Group Inc Common Stock 816300107 1992 86919SH Sole 86919 0 0 Shaw Group Inc Common Stock 820280105 18230 593225SH Sole 487146 0 106079 Sigma-Aldrich Corp. Common Stock 826552101 43567 831106SH Sole 685392 0 145714 Sino Forest Corp TRECN 5.0 Corporate Bond 82934HAB7 88105 96819000SH Sole 93609000 0 3210000 SL Green Realty Corp Common Stock 78440X101 20903 322580SH Sole 244390 0 78190 SL Green Realty, 3% Conv. Corporate Bond 78444FAA4 1440 1969000SH Sole 1459000 0 510000 Sprint Nextel Corp. Common Stock 852061100 309248 50696409SH Sole 47148577 0 3547832 Staples Inc Common Stock 855030102 110437 4908290SH Sole 4671690 0 236600 State Street Corp. Common Stock 857477103 174421 3066479SH Sole 2879899 0 186580 Sun Life Financial Inc. Foreign Stock 866796105 90935 2570977SH Sole 2401527 0 169450 Suntrust Banks Inc. Common Stock 867914103 675 15000SH Sole 15000 0 0 T. Rowe Price Group, Inc. Common Stock 74144T108 1251 23300SH Sole 23300 0 0 Taubman Centers, Inc. Common Stock 876664103 38505 770106SH Sole 550961 0 219145 TCF Financial Corp Common Stock 872275102 2390 132800SH Sole 132800 0 0 Tenaris S.A. Foreign - ADR 88031M109 27032 724906SH Sole 606288 0 118618 Texas Instruments, Inc. Common Stock 882508104 900347 41876626SH Sole 39035501 0 2841125 The First Marblehead Corp. Common Stock 320771108 4350 1747050SH Sole 1747050 0 0 The Hershey Co. Common Stock 427866108 151776 3838536SH Sole 3593641 0 244895 Thornburg Mortgage, 8% 05/15/13 Corporate Bond 885218AB3 7700 14000000SH Sole 14000000 0 0 Tiffany & Co. Common Stock 886547108 3477 97900SH Sole 97900 0 0 Tokio Marine Holdings Inc. Foreign - ADR 889094108 1878 53320SH Sole 53320 0 0 Toronto Dominion Bank Foreign Stock 891160509 316423 5188106SH Sole 4868179 0 319927 Transatlantic Holdings, Inc. Common Stock 893521104 797774 14678450SH Sole 14069083 0 609367 Transocean Inc. Common Stock G90073100 745564 6787729SH Sole 6281821 0 505908 Tyco Electronics Ltd. Common Stock G9144P105 371918 13446048SH Sole 12606134 0 839914 Tyco International Ltd. Common Stock G9143X208 463741 13242171SH Sole 12359825 0 882346 Tyson Foods Inc Common Stock 902494103 13579 1137300SH Sole 1137300 0 0 Tyson Foods Inc 3.25 10/15/13 Corporate Bond 902494AP8 13055 14000000SH Sole 14000000 0 0 UBS AG Foreign Stock H89231338 239 13608SH Sole 13608 0 0 UDR, Inc. Common Stock 902653104 38744 1481600SH Sole 0 0 1481600 Unilever NV - NY Shares Foreign - ADR 904784709 1360 48310SH Sole 48310 0 0 Union Pacific Corp. Common Stock 907818108 1167 16400SH Sole 16400 0 0 United Parcel Service, Inc., ClaCommon Stock 911312106 303628 4827916SH Sole 4518426 0 309490 United Rental NA URI 1 7/8 10/23Corporate Bond 911365AH7 3162 3720000SH Sole 3720000 0 0 United Rentals Trust I, 6.50% Preferred Stock 91136H306 2414 109741SH Sole 109741 0 0 United Rentals, Inc. Common Stock 911363109 3048 200000SH Sole 200000 0 0 UnitedHealth Group Inc. Common Stock 91324P102 778189 30649420SH Sole 28859712 0 1789708 Universal Health Services, Inc Common Stock 913903100 14932 266500SH Sole 266500 0 0 Valeant Pharmaceutical 4.00 11/1Corporate Bond 91911XAD6 3651 3900000SH Sole 3900000 0 0 Ventas, Inc. Common Stock 92276F100 144900 2932020SH Sole 797759 0 2134261 Verisign Inc Common Stock 92343E102 216 8300SH Sole 8300 0 0 Visa Inc. Class A Shares Common Stock 92826C839 132199 2153430SH Sole 2032500 0 120930 Vornado Realty Trust Common Stock 929042109 50946 560150SH Sole 0 0 560150 Vornado Realty Trust, 3.875% ConCorporate Bond 929043AC1 25530 24000000SH Sole 24000000 0 0 Vornado Realty Trust Preferred Stock 929042703 2893 175000SH Sole 0 0 175000 Vulcan Materials Corp. Common Stock 929160109 606732 8144052SH Sole 7633195 0 510857 W.R. Berkley Corp. Common Stock 084423102 3312 140649SH Sole 140649 0 0 Wabco Holdings Inc. Common Stock 92927K102 12191 343033SH Sole 281871 0 61162 Wachovia Corp. Common Stock 929903102 61973 17706584SH Sole 16548054 0 1158530 Waddell & Reed Financial CL A Common Stock 930059100 859 34707SH Sole 34707 0 0 Waste Connections Inc 3.75 4/1/2Corporate Bond 941053AG5 11213 10000000SH Sole 10000000 0 0 Waste Connections Inc. Common Stock 941053100 13103 382000SH Sole 382000 0 0 Weatherford International Ltd. Common Stock G95089101 875 34800SH Sole 34800 0 0 Wells Fargo & Co. Common Stock 949746101 2104132 56065347SH Sole 52457019 0 3608329 Western Digital Corp. Common Stock 958102105 535 25100SH Sole 25100 0 0 White Mountains Insurance Common Stock G9618E107 904 1925SH Sole 1925 0 0 Whole Foods Market Inc. Common Stock 966837106 142137 7096207SH Sole 6654864 0 441343 WPP Group PLC Foreign - ADR 929309409 106312 2615950SH Sole 1945890 0 670060 Wyeth Common Stock 983024100 964 26100SH Sole 26100 0 0 XTO Energy Inc Common Stock 98385X106 281 6050SH Sole 6050 0 0 Yahoo! Inc. Common Stock 984332106 18366 1061602SH Sole 872421 0 189181 Yum! Brands, Inc. Common Stock 988498101 37447 1148342SH Sole 941588 0 206754