13F-HR 1 fpa13fh0307.txt FPA 1Q 2007 13F FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment: [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: First Pacific Advisors, LLC Address: 11400 West Olympic Blvd. Suite 1200 Los Angeles, CA 90064 Form 13F File Number: 28-12253 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: J. Richard Atwood Title: Chief Operating Officer Phone: (310) 996-5458 Signature, Place, and Date of Signing: J. Richard Atwood Los Angeles, CA 5/11/07 ------------------------------ -------------------- -------- Signature City, State Date Report Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 233 Form 13F Information Table Value Total: $5,145,355 List of Other Included Managers: NONE

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------------- -------- --------- -------- ---------------------- -------- ------------ -------------------------- TITLE CUSIP VALUE SHARES / SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS NUMBER (x$1000) PRINCIPAL AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE -------------------------------- -------- --------- -------- ------------- --- ---- -------- ------------ -------- -------- -------- AGCO CORPORATION COMMON 001084102 25354 685800 SH SOLE 1 685800 AGCO CORPORATION COMMON 001084102 233 6300 SH DEFINED 1 6300 AGCO CORPORATION COMMON 001084102 1072 29000 SH DEFINED 1 29000 ACE AVIATION HOLDINGS INC. COMMON 00440P201 18293 695800 SH SOLE 1 695800 AEROPLAN INCOME FUND COMMON 007861107 7292 431239 SH SOLE 1 431239 AMERICAN GREETINGS CORP-CL A COMMON 026375105 32675 1407800 SH SOLE 1 1407800 AMERICAN GREETINGS CORP-CL A COMMON 026375105 26856 1157100 SH DEFINED 1 1157100 AMERICAN GREETINGS CORP-CL A COMMON 026375105 9307 401000 SH DEFINED 1 401000 AMETEK INC. COMMON 031100100 95 2750 SH DEFINED 1 2750 AMSURG CORPORATION COMMON 03232P405 25234 1030400 SH SOLE 1 1030400 AMSURG CORPORATION COMMON 03232P405 931 38000 SH DEFINED 1 38000 ARES CAPITAL CORPORATION COMMON 04010L103 6092 335300 SH SOLE 1 335300 ARES CAPITAL CORPORATION COMMON 04010L103 8413 463000 SH DEFINED 1 463000 ARROW ELECTRONICS INC. COMMON 042735100 71159 1885000 SH SOLE 1 1885000 ARROW ELECTRONICS INC. COMMON 042735100 39670 1050850 SH DEFINED 1 1050850 ARROW ELECTRONICS INC. COMMON 042735100 14628 387500 SH DEFINED 1 387500 ASSURANT, INC. COMMON 04621X108 41295 770000 SH SOLE 1 770000 ASSURANT, INC. COMMON 04621X108 831 15500 SH DEFINED 1 15500 ATWOOD OCEANICS, INC. COMMON 050095108 11333 193100 SH SOLE 1 193100 ATWOOD OCEANICS, INC. COMMON 050095108 9889 168500 SH DEFINED 1 168500 AVNET, INC. COMMON 053807103 180537 4995500 SH SOLE 1 4995500 AVNET, INC. COMMON 053807103 142352 3938900 SH DEFINED 1 3938900 AVNET, INC. COMMON 053807103 25367 701900 SH DEFINED 1 701900 BEARINGPOINT, INC. COMMON 074002106 6894 900000 SH SOLE 1 900000 BEARINGPOINT, INC. COMMON 074002106 78 10200 SH DEFINED 1 10200 BEARINGPOINT, INC. COMMON 074002106 1107 144500 SH DEFINED 1 144500 BIO-RAD LABORATORIES, INC. COMMON 090572207 31002 443900 SH SOLE 1 443900 BIO-RAD LABORATORIES, INC. COMMON 090572207 1376 19700 SH DEFINED 1 19700 BRADY CORPORATION-CL A COMMON 104674106 46934 1504300 SH SOLE 1 1504300 BRADY CORPORATION-CL A COMMON 104674106 1831 58700 SH DEFINED 1 58700 BRIGGS & STRATTON CORPORATION COMMON 109043109 176 5700 SH DEFINED 1 5700 THE BRINKS COMPANY COMMON 109696104 16338 257500 SH SOLE 1 257500 THE BRINKS COMPANY COMMON 109696104 584 9200 SH DEFINED 1 9200 BROOKS AUTOMATION, INC. COMMON 114340102 557 32500 SH DEFINED 1 32500 BROWN & BROWN INC. COMMON 115236101 39363 1455200 SH SOLE 1 1455200 BROWN & BROWN INC. COMMON 115236101 1815 67100 SH DEFINED 1 67100 CBL & ASSOCIATES PROP SERIES C COMMON 124830506 2554 100000 SH SOLE 1 100000 CDW CORPORATION COMMON 12512N105 66572 1083700 SH SOLE 1 1083700 CDW CORPORATION COMMON 12512N105 2371 38600 SH DEFINED 1 38600 CEC ENTERTAINMENT INC COMMON 125137109 170 4100 SH DEFINED 1 4100 CKE RESTAURANTS, INC. COMMON 12561E105 1707 90500 SH DEFINED 1 90500 CARMAX INC COMMON 143130102 73723 3004212 SH SOLE 1 3004212 CARMAX INC COMMON 143130102 2861 116600 SH DEFINED 1 116600 CARNIVAL CORPORATION COMMON 143658300 37741 805400 SH SOLE 1 805400 CHAMPION ENTERPRISES, INC. COMMON 158496109 39174 4451600 SH SOLE 1 4451600 CHAMPION ENTERPRISES, INC. COMMON 158496109 21637 2458700 SH DEFINED 1 2458700 CHAMPION ENTERPRISES, INC. COMMON 158496109 8018 911100 SH DEFINED 1 911100 CHARLES RIVER LABORATORIES INT'L COMMON 159864107 64352 1391100 SH SOLE 1 1391100 CHARLES RIVER LABORATORIES INT'L COMMON 159864107 2401 51900 SH DEFINED 1 51900 CHARMING SHOPPES, INC. COMMON 161133103 92670 7156000 SH SOLE 1 7156000 CHARMING SHOPPES, INC. COMMON 161133103 738 57000 SH DEFINED 1 57000 CHARMING SHOPPES, INC. COMMON 161133103 71239 5501100 SH DEFINED 1 5501100 CHARMING SHOPPES, INC. COMMON 161133103 26807 2070000 SH DEFINED 1 2070000 CHEVRON CORPORATION COMMON 166764100 20339 275000 SH SOLE 1 275000 CIRCUIT CITY STORES INC. COMMON 172737108 8780 473800 SH SOLE 1 473800 CIRCUIT CITY STORES INC. COMMON 172737108 6278 338800 SH DEFINED 1 338800 CIRCUIT CITY STORES INC. COMMON 172737108 115 6200 SH DEFINED 1 6200 CIRCUIT CITY STORES INC. COMMON 172737108 800 43200 SH DEFINED 1 43200 CLARCOR INC. COMMON 179895107 32334 1016800 SH SOLE 1 1016800 CLARCOR INC. COMMON 179895107 1313 41300 SH DEFINED 1 41300 COACHMEN INDS INC. COMMON 189873102 9045 859000 SH SOLE 1 859000 COACHMEN INDS INC. COMMON 189873102 9219 875500 SH DEFINED 1 875500 COACHMEN INDS INC. COMMON 189873102 5690 540400 SH DEFINED 1 540400 COGNEX CORPORATION COMMON 192422103 48432 2235000 SH SOLE 1 2235000 COGNEX CORPORATION COMMON 192422103 1861 85900 SH DEFINED 1 85900 CONOCOPHILLIPS COMMON 20825C104 59588 871800 SH SOLE 1 871800 CONOCOPHILLIPS COMMON 20825C104 43635 638400 SH DEFINED 1 638400 CONOCOPHILLIPS COMMON 20825C104 485 7100 SH DEFINED 1 7100 COPART, INC. COMMON 217204106 23380 834700 SH SOLE 1 834700 COPART, INC. COMMON 217204106 975 34800 SH DEFINED 1 34800 DATAPATH, INC. - 144A COMMON 23808R106 38950 4100000 SH SOLE 1 4100000 DIEBOLD INC. COMMON 253651103 143 3000 SH DEFINED 1 3000 DUKE-WEEKS REALTY 7.99% SER. B COMMON 264411885 2016 40000 SH SOLE 1 40000 DYCOM INDUSTRIES, INC. COMMON 267475101 1491 57200 SH DEFINED 1 57200 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 197570 3631800 SH SOLE 1 3631800 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 51244 941983 SH DEFINED 1 941983 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 1186 21800 SH DEFINED 1 21800 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 98018 1801800 SH DEFINED 1 1801800 ENSCO INTERNATIONAL INCORPORATED COMMON 26874Q100 23773 437000 SH DEFINED 1 437000 FLIR SYSTEMS, INC. COMMON 302445101 89 2500 SH DEFINED 1 2500 THE FINISH LINE, INC.- CLASS A COMMON 317923100 21231 1685000 SH SOLE 1 1685000 THE FINISH LINE, INC.- CLASS A COMMON 317923100 117 9300 SH DEFINED 1 9300 THE FINISH LINE, INC.- CLASS A COMMON 317923100 11776 934600 SH DEFINED 1 934600 THE FINISH LINE, INC.- CLASS A COMMON 317923100 12600 1000000 SH DEFINED 1 1000000 FIRST AMERICAN CORPORATION COMMON 318522307 35656 703000 SH SOLE 1 703000 FIRST AMERICAN CORPORATION COMMON 318522307 1435 28300 SH DEFINED 1 28300 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 36604 4627600 SH SOLE 1 4627600 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 19767 2499026 SH DEFINED 1 2499026 FLEETWOOD ENTERPRISES, INC. COMMON 339099103 10035 1268600 SH DEFINED 1 1268600 FOOT LOCKER, INC. COMMON 344849104 82102 3486300 SH SOLE 1 3486300 FOOT LOCKER, INC. COMMON 344849104 337 14300 SH DEFINED 1 14300 FOOT LOCKER, INC. COMMON 344849104 55185 2343300 SH DEFINED 1 2343300 FOOT LOCKER, INC. COMMON 344849104 15053 639200 SH DEFINED 1 639200 FRANKLIN ELECTRIC CO. INC. COMMON 353514102 26156 562500 SH SOLE 1 562500 FRANKLIN ELECTRIC CO. INC. COMMON 353514102 1014 21800 SH DEFINED 1 21800 G & K SERVICES, INC. COMMON 361268105 11123 306600 SH SOLE 1 306600 GENERAL MOTORS CORP. 6.25% SER C COMMON 370442717 11857 522321 SH DEFINED 1 522321 GENERAL MOTORS 5.25% SER B CV COMMON 370442733 12475 601200 SH SOLE 1 601200 GENESCO INC. COMMON 371532102 1466 35300 SH DEFINED 1 35300 GRACO, INC. COMMON 384109104 40249 1027800 SH SOLE 1 1027800 GRACO, INC. COMMON 384109104 1676 42800 SH DEFINED 1 42800 W.W. GRAINGER, INC. COMMON 384802104 70 900 SH DEFINED 1 900 HNI CORPORATION COMMON 404251100 49186 1070900 SH SOLE 1 1070900 HNI CORPORATION COMMON 404251100 1883 41000 SH DEFINED 1 41000 HEARTLAND EXPRESS, INC. COMMON 422347104 50095 3154600 SH SOLE 1 3154600 HEARTLAND EXPRESS, INC. COMMON 422347104 1989 125233 SH DEFINED 1 125233 HELIX ENERGY SOLUTIONS GROUP COMMON 42330P107 74259 1991400 SH SOLE 1 1991400 HELIX ENERGY SOLUTIONS GROUP COMMON 42330P107 3032 81300 SH DEFINED 1 81300 HORACE MANN EDUCATORS CORP. COMMON 440327104 12949 630100 SH SOLE 1 630100 HORACE MANN EDUCATORS CORP. COMMON 440327104 17124 833300 SH DEFINED 1 833300 HORACE MANN EDUCATORS CORP. COMMON 440327104 9552 464800 SH DEFINED 1 464800 IDEX CORP. COMMON 45167R104 51781 1017700 SH SOLE 1 1017700 IDEX CORP. COMMON 45167R104 2137 42000 SH DEFINED 1 42000 INTERACTIVE DATA CORPORATION COMMON 45840J107 4331 175000 SH SOLE 1 175000 INTERACTIVE DATA CORPORATION COMMON 45840J107 648 26200 SH DEFINED 1 26200 INTERNATIONAL RECTIFIER CORP. CV CONVERT 460254AE5 1983 2000 PRN SOLE 1 2000 INVITROGEN CORPORATION COMMON 46185R100 52696 827900 SH SOLE 1 827900 INVITROGEN CORPORATION COMMON 46185R100 1916 30100 SH DEFINED 1 30100 JAZZ AIR INCOME FUND COMMON 47214X100 1077 152332 SH SOLE 1 152332 JO-ANN STORES, INC. COMMON 47758P307 52596 1930144 SH DEFINED 1 1930144 JO-ANN STORES, INC. COMMON 47758P307 16246 596200 SH DEFINED 1 596200 K-SWISS INC. COMMON 482686102 816 30200 SH DEFINED 1 30200 KIMCO REALTY CORPORATION COMMON 49446R109 143 2936 SH DEFINED 1 2936 KNIGHT TRANSPORTATION, INC. COMMON 499064103 38851 2180200 SH SOLE 1 2180200 KNIGHT TRANSPORTATION, INC. COMMON 499064103 1509 84700 SH DEFINED 1 84700 KOMAG, INCORPORATED COMMON 500453204 759 23200 SH DEFINED 1 23200 PHILIPS ELECTRONICS-NY SHR COMMON 500472303 31242 820000 SH SOLE 1 820000 LA-Z-BOY INCORPORATED COMMON 505336107 1213 98000 SH DEFINED 1 98000 LANDAUER INC COMMON 51476K103 697 13800 SH SOLE 1 13800 LINCARE HOLDINGS INC. COMMON 532791100 56892 1552300 SH SOLE 1 1552300 LINCARE HOLDINGS INC. COMMON 532791100 2287 62400 SH DEFINED 1 62400 MRV COMMUNICATIONS, INC. COMMON 553477100 4 1233 SH DEFINED 1 1233 MAGNA INTERNATIONAL, INC. COMMON 559222401 26289 350000 SH SOLE 1 350000 MAGNA INTERNATIONAL, INC. COMMON 559222401 376 5000 SH DEFINED 1 5000 MANPOWER INC. COMMON 56418H100 40537 549500 SH SOLE 1 549500 MANPOWER INC. COMMON 56418H100 2412 32700 SH DEFINED 1 32700 MAXIM INTEGRATED PRODUCTS, INC. COMMON 57772K101 16467 560100 SH SOLE 1 560100 MAXIM INTEGRATED PRODUCTS, INC. COMMON 57772K101 606 20600 SH DEFINED 1 20600 MERCURY GENERAL CORP. COMMON 589400100 40517 763900 SH SOLE 1 763900 MERCURY GENERAL CORP. COMMON 589400100 33129 624600 SH DEFINED 1 624600 MERCURY GENERAL CORP. COMMON 589400100 5458 102900 SH DEFINED 1 102900 MICROCHIP TECHNOLOGY INCORP. COMMON 595017104 36958 1040200 SH SOLE 1 1040200 MICROCHIP TECHNOLOGY INCORP. COMMON 595017104 1350 38000 SH DEFINED 1 38000 THE MILLS CORP. SERIES F 6.75% COMMON 601148703 770 750 SH SOLE 1 750 THE MILLS CORP. SERIES G 7.875% COMMON 601148877 5865 224300 SH SOLE 1 224300 THE MILLS CORP. SERIES G 7.875% COMMON 601148877 18 700 SH DEFINED 1 700 NATIONAL OILWELL VARCO, INC. COMMON 637071101 79758 1025300 SH SOLE 1 1025300 NATIONAL OILWELL VARCO, INC. COMMON 637071101 4359 56039 SH DEFINED 1 56039 NATIONAL OILWELL VARCO, INC. COMMON 637071101 350 4500 SH DEFINED 1 4500 NATIONAL OILWELL VARCO, INC. COMMON 637071101 43866 563900 SH DEFINED 1 563900 NATIONAL OILWELL VARCO, INC. COMMON 637071101 12330 158500 SH DEFINED 1 158500 NAVISTAR INTERNATIONAL CORP. COMMON 63934E108 15807 345500 SH SOLE 1 345500 NAVISTAR INTERNATIONAL CORP. COMMON 63934E108 151 3300 SH DEFINED 1 3300 ONEX CORPORATION COMMON 68272K103 12306 441400 SH SOLE 1 441400 O'REILLY AUTOMOTIVE, INC. COMMON 686091109 73932 2233600 SH SOLE 1 2233600 O'REILLY AUTOMOTIVE, INC. COMMON 686091109 2863 86500 SH DEFINED 1 86500 OWENS CORNING INC. COMMON 690742101 6372 200000 SH SOLE 1 200000 PG&E CORPORATION COMMON 69331C108 7723 160000 SH SOLE 1 160000 PATTERSON-UTI ENERGY, INC. COMMON 703481101 111578 4972300 SH SOLE 1 4972300 PATTERSON-UTI ENERGY, INC. COMMON 703481101 9177 408939 SH DEFINED 1 408939 PATTERSON-UTI ENERGY, INC. COMMON 703481101 281 12500 SH DEFINED 1 12500 PATTERSON-UTI ENERGY, INC. COMMON 703481101 73587 3279300 SH DEFINED 1 3279300 PATTERSON-UTI ENERGY, INC. COMMON 703481101 18753 835700 SH DEFINED 1 835700 PENNSYLVANIA REAL ESTATE INV TR COMMON 709102107 569 12830 SH DEFINED 1 12830 PENNSYLVANIA REIT 11% PFD CL A COMMON 709102206 10481 197800 SH SOLE 1 197800 PENNSYLVANIA REIT 11% PFD CL A COMMON 709102206 53 1000 SH DEFINED 1 1000 PIONEER DRILLING COMPANY COMMON 723655106 1626 128100 SH DEFINED 1 128100 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 5868 130000 SH SOLE 1 130000 PLAINS EXPLORATION&PRODUCTION CO COMMON 726505100 302 6700 SH DEFINED 1 6700 PLANTRONICS, INC. COMMON 727493108 53771 2276500 SH SOLE 1 2276500 PLANTRONICS, INC. COMMON 727493108 1299 55000 SH DEFINED 1 55000 POLARIS INDUSTRIES, INC. COMMON 731068102 25957 541000 SH SOLE 1 541000 POLARIS INDUSTRIES, INC. COMMON 731068102 916 19100 SH DEFINED 1 19100 PRECISION DRILLING TRUST COMMON 740215108 379 16600 SH DEFINED 1 16600 PROLOGIS 6.75% SERIES G PFD. CONVERT 743410805 3044 120 PRN SOLE 1 120 PUBLIC STORAGE INC. COMMON 74460D109 237 2500 SH DEFINED 1 2500 PUBLIC STORAGE INC CL A COMMON 74460D729 2 81 SH DEFINED 1 81 RADIOSHACK CORPORATION COMMON 750438103 38912 1439600 SH SOLE 1 1439600 RADIOSHACK CORPORATION COMMON 750438103 28157 1041700 SH DEFINED 1 1041700 RADIOSHACK CORPORATION COMMON 750438103 7768 287400 SH DEFINED 1 287400 REGIS CORPORATION COMMON 758932107 194 4800 SH DEFINED 1 4800 RELIANT ENERGY, INC. COMMON 75952B105 30886 1520000 SH SOLE 1 1520000 RELIANT ENERGY, INC. COMMON 75952B105 386 19000 SH DEFINED 1 19000 RENT-A-CENTER, INC. COMMON 76009N100 36631 1309200 SH SOLE 1 1309200 RENT-A-CENTER, INC. COMMON 76009N100 34625 1237500 SH DEFINED 1 1237500 RENT-A-CENTER, INC. COMMON 76009N100 9362 334600 SH DEFINED 1 334600 ROSETTA RESOURCES INC. COMMON 777779109 91522 4455800 SH SOLE 1 4455800 ROSETTA RESOURCES INC. COMMON 777779109 60803 2960200 SH DEFINED 1 2960200 ROSETTA RESOURCES INC. COMMON 777779109 25118 1222900 SH DEFINED 1 1222900 ROSS STORES INC. COMMON 778296103 58786 1708900 SH SOLE 1 1708900 ROSS STORES INC. COMMON 778296103 131 3800 SH DEFINED 1 3800 ROSS STORES INC. COMMON 778296103 36519 1061600 SH DEFINED 1 1061600 ROSS STORES INC. COMMON 778296103 2752 80000 SH DEFINED 1 80000 ROWAN COMPANIES, INC. COMMON 779382100 100797 3104300 SH SOLE 1 3104300 ROWAN COMPANIES, INC. COMMON 779382100 63580 1958100 SH DEFINED 1 1958100 ROWAN COMPANIES, INC. COMMON 779382100 15264 470100 SH DEFINED 1 470100 SM&A COMMON 78465D105 4337 610800 SH DEFINED 1 610800 SANDISK CORPORATION COMMON 80004C101 24134 551000 SH SOLE 1 551000 SANDISK CORPORATION COMMON 80004C101 1139 26000 SH DEFINED 1 26000 SCANSOURCE, INC. COMMON 806037107 58361 2174400 SH SOLE 1 2174400 SCANSOURCE, INC. COMMON 806037107 2459 91600 SH DEFINED 1 91600 SCHNITZER STEEL INDUSTRIES, INC. COMMON 806882106 1149 28600 SH DEFINED 1 28600 SIGMA-ALDRICH CORPORATION COMMON 826552101 187 4500 SH DEFINED 1 4500 TELEPHONE & DATA SYS 7.60% PFD COMMON 879433878 50 2000 SH DEFINED 1 2000 THOR INDS. INC. COMMON 885160101 28707 728800 SH SOLE 1 728800 THOR INDS. INC. COMMON 885160101 15004 380900 SH DEFINED 1 380900 THOR INDS. INC. COMMON 885160101 5999 152300 SH DEFINED 1 152300 TIDEWATER INC COMMON 886423102 26168 446700 SH SOLE 1 446700 TIDEWATER INC COMMON 886423102 896 15300 SH DEFINED 1 15300 THE TORO COMPANY COMMON 891092108 138 2700 SH DEFINED 1 2700 TRINITY INDUSTRIES, INC. COMMON 896522109 120289 2869500 SH SOLE 1 2869500 TRINITY INDUSTRIES, INC. COMMON 896522109 195 4650 SH DEFINED 1 4650 TRINITY INDUSTRIES, INC. COMMON 896522109 77986 1860350 SH DEFINED 1 1860350 TRINITY INDUSTRIES, INC. COMMON 896522109 18057 430750 SH DEFINED 1 430750 TUESDAY MORNING CORPORATION COMMON 899035505 1034 69700 SH DEFINED 1 69700 UNISOURCE ENERGY CORPORATION COMMON 909205106 2 58 SH DEFINED 1 58 VENTAS INC. COMMON 92276F100 11796 280000 SH SOLE 1 280000 VENTAS INC. COMMON 92276F100 965 22900 SH DEFINED 1 22900 WAL-MART STORES, INC. COMMON 931142103 21381 455400 SH SOLE 1 455400 WESTERN DIGITAL CORPORATION COMMON 958102105 5905 351300 SH DEFINED 1 351300 WINNEBAGO INDUSTRIES, INC. COMMON 974637100 525 15600 SH DEFINED 1 15600 ZALE CORPORATION COMMON 988858106 63935 2423600 SH SOLE 1 2423600 ZALE CORPORATION COMMON 988858106 317 12000 SH DEFINED 1 12000 ZALE CORPORATION COMMON 988858106 38312 1452300 SH DEFINED 1 1452300 ZALE CORPORATION COMMON 988858106 11871 450000 SH DEFINED 1 450000 ZEBRA TECHNOLOGIES CORP. CLASS A COMMON 989207105 54537 1412500 SH SOLE 1 1412500 ZEBRA TECHNOLOGIES CORP. CLASS A COMMON 989207105 2024 52425 SH DEFINED 1 52425 GLOBALSANTAFE CORPORATION COMMON G3930E101 25412 412000 SH SOLE 1 412000 GLOBALSANTAFE CORPORATION COMMON G3930E101 10159 164698 SH DEFINED 1 164698 GLOBALSANTAFE CORPORATION COMMON G3930E101 376 6100 SH DEFINED 1 6100 NOBLE CORPORATION COMMON G65422100 79026 1004400 SH SOLE 1 1004400 NOBLE CORPORATION COMMON G65422100 3076 39100 SH DEFINED 1 39100 CORE LABORATORIES N.V. COMMON N22717107 2481 29600 SH DEFINED 1 29600