Name,Ticker,Title of class,Class,Change,CUSIP,Value,Shares or principal amount,Weighting APPLE INC,AAPL,,Buy,037833100,56994561000.0,252478779.0,25.787 BANK AMER CORP,BAC,,Buy,060505104,25843745000.0,877248600.0,11.693 WELLS FARGO & CO NEW,WFC,,Sell,949746101,23250531000.0,442361700.0,10.52 COCA COLA CO,KO,, ,191216100,18476000000.0,400000000.0,8.359 KRAFT HEINZ CO,KHC,, ,500754106,17945735000.0,325634818.0,8.12 AMERICAN EXPRESS CO,AXP,, ,025816109,16145025000.0,151610700.0,7.305 US BANCORP DEL,USB,,Buy,902973304,6597189000.0,124923092.0,2.985 MOODYS CORP,MCO,, ,615369105,4124787000.0,24669778.0,1.866 GOLDMAN SACHS GROUP INC,GS,,Buy,38141G104,4115619000.0,18353635.0,1.862 JPMORGAN CHASE & CO,JPM,,New,46625H100,4024412000.0,35664767.0,1.821 BANK OF NEW YORK MELLON CORP,BK,,Buy,064058100,3969546000.0,77849476.0,1.796 DELTA AIR LINES INC DEL,DAL,,Buy,247361702,3789889000.0,65535000.0,1.715 SOUTHWEST AIRLS CO,LUV,,Sell,844741108,3500160000.0,56047399.0,1.584 DAVITA HEALTHCARE PARTNERS I,DVA,, ,23918K108,2762452000.0,38565570.0,1.25 CHARTER COMMUNICATIONS INC N,CHTR,cl a,Sell,16119P108,2392280000.0,7340985.0,1.082 UNITED CONTL HLDGS INC,UAL,,Sell,910047109,2314183000.0,25984542.0,1.047 ORACLE CORP,ORCL,,New,68389X105,2134832000.0,41404791.0,0.966 VERISIGN INC,VRSN,, ,92343E102,2073994000.0,12952745.0,0.938 AMERICAN AIRLS GROUP INC,AAL,,Sell,02376R102,1806121000.0,43700000.0,0.817 GENERAL MTRS CO,GM,,Buy,37045V100,1766376000.0,52461411.0,0.799 PHILLIPS 66,PSX,,Sell,718546104,1739611000.0,15433024.0,0.787 U S G CORP,USG,, ,903293405,1689178000.0,39002016.0,0.764 VISA INC,V,, ,92826C839,1585320000.0,10562460.0,0.717 LIBERTY MEDIA CORP DELAWARE,LSXMK,, ,531229607,1350903000.0,31090985.0,0.611 MASTERCARD INC,MA,cl a, ,57636Q104,1098526000.0,4934756.0,0.497 COSTCO WHSL CORP NEW,COST,, ,22160K105,1017820000.0,4333363.0,0.461 TEVA PHARMACEUTICAL INDS LTD,TEVA,sponsored adr, ,881624209,931589000.0,43249295.0,0.421 M & T BK CORP,MTB,, ,55261F104,885561000.0,5382040.0,0.401 SIRIUS XM HLDGS INC,SIRI,, ,82968B103,871627000.0,137915729.0,0.394 PNC FINL SVCS GROUP INC,PNC,,New,693475105,829032000.0,6087319.0,0.375 AXALTA COATING SYS LTD,AXTA,, ,G0750C108,707538000.0,24264000.0,0.32 SYNCHRONY FINL,SYF,, ,87165B103,646557000.0,20803000.0,0.293 LIBERTY MEDIA CORP DELAWARE,LSXMA,, ,531229409,645535000.0,14860360.0,0.292 LIBERTY GLOBAL PLC,LBTYA,, ,G5480U104,572553000.0,19791000.0,0.259 TORCHMARK CORP,TMK,, ,891027104,550804000.0,6353727.0,0.249 STORE CAP CORP,STOR,, ,862121100,517496000.0,18621674.0,0.234 RESTAURANT BRANDS INTL INC,QSR,, ,76131D103,500218000.0,8438225.0,0.226 TRAVELERS COMPANIES INC,TRV,,New,89417E109,459652000.0,3543688.0,0.208 LIBERTY GLOBAL PLC,LBTYK,, ,G5480U120,206891000.0,7346968.0,0.094 LIBERTY LATIN AMERICA LTD,LILA,, ,G9001E102,56578000.0,2714854.0,0.026 JOHNSON & JOHNSON,JNJ,, ,478160104,45195000.0,327100.0,0.02 PROCTER & GAMBLE CO,PG,, ,742718109,26251000.0,315400.0,0.012 LIBERTY LATIN AMERICA LTD,LILAK,, ,G9001E128,26489000.0,1284020.0,0.012 MONDELEZ INTL INC,MDLZ,cl a, ,609207105,24831000.0,578000.0,0.011 UNITED PARCEL SERVICE INC,UPS,cl b, ,911312106,6935000.0,59400.0,0.003 VERIZON COMMUNICATIONS INC,VZ,, ,92343V104,50000.0,928.0,0.0 WAL MART STORES INC,WMT,,Exit,931142103,0.0,-1393513.0,-0.061 SANOFI,SNY,sponsored adr,Exit,80105N105,0.0,-3701012.0,-0.076