-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QvQAQ7bZVStvw51btJWImUwgrzGbfRlbSQmOopOVpWBoHglegqA40LQyPTS9abKz ZBEyMP1mEHSdL47yjN1NPA== 0001193125-03-036054.txt : 20030813 0001193125-03-036054.hdr.sgml : 20030813 20030813164226 ACCESSION NUMBER: 0001193125-03-036054 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030630 FILED AS OF DATE: 20030813 EFFECTIVENESS DATE: 20030813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DODGE & COX CENTRAL INDEX KEY: 0000200217 IRS NUMBER: 94144197 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-00400 FILM NUMBER: 03841963 BUSINESS ADDRESS: STREET 1: ONE SANSOME ST STREET 2: 35TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159811710 MAIL ADDRESS: STREET 1: ONE SANSOME ST STREET 2: 35TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 13F-HR 1 d13fhr.txt FOR THE QUARTER ENDING 06/30/2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 06/30/03 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: Dodge & Cox -------------------------------- Address: One Sansome Street -------------------------------- 35th Floor -------------------------------- San Francisco, CA 94104 -------------------------------- Form 13F File Number: 28-400 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: Thomas M. Mistele ---------------------------------- Title: Vice President ---------------------------------- Phone: (415) 981-1710 ---------------------------------- Signature, Place, and Date of Signing: /S/ Thomas M. Mistele San Francisco, CA 8/13/03 - -------------------------- ----------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------- Form 13F Information Table Entry Total: 205 -------------- Form 13F Information Table Value Total: 42,343,494,029 -------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE
FORM 13F NAME OF REPORTING MGR - DODGE & COX COLUMN 1 COL.2 COL. 3 COL 4 COLUMN 5 COL. 6 COL7 COLUMN 8 VALUE SHARES/ SH/ PUT/ INVSTMT OTHR VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MGRS SOLE SHARED NONE - -------------------------- ------ --------- -------- ---------- --- ---- ------- ---- ---------- ------- ------------ ABBOTT LABORATORIES COMMON 002824100 1,035 23,650 SH SOLE 22,990 660 AETNA INC - NEW COMMON 00817Y108 527 8,762 SH SOLE 8,424 338 AGILENT TECHNOLOGIES INC COMMON 00846U101 1,762 90,109 SH SOLE 77,965 12,144 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 3,044 73,168 SH SOLE 59,268 13,900 AKZO NOBEL NV - SPON ADR COMMON 010199305 686,450 25,757,966 SH SOLE 24,124,266 426,000 1,207,700 ALCOA INC COMMON 013817101 451,247 17,695,967 SH SOLE 16,387,526 264,000 1,044,441 ALLERGAN INC COMMON 018490102 253 3,282 SH SOLE 3,282 0 ALLSTATE CORP COMMON 020002101 425 11,914 SH SOLE 10,600 1,314 ALTRIA GROUP INC COMMON 02209S103 2,486 54,700 SH SOLE 48,400 6,300 AMERADA HESS CORP COMMON 023551104 516,659 10,505,466 SH SOLE 9,745,156 163,400 596,910 AMEREN CORP COMMON 023608102 4,666 105,810 SH SOLE 101,610 4,200 AMERICAN ELEC POWER CO INC COMMON 025537101 456,725 15,310,932 SH SOLE 14,138,553 282,520 889,859 AMERICAN EXPRESS COMPANY COMMON 025816109 29,660 709,396 SH SOLE 628,986 80,410 AMERICAN INTERNATIONAL GROUP COMMON 026874107 7,231 131,043 SH SOLE 87,052 43,991 AMSOUTH BANCORPORATION COMMON 032165102 463 21,181 SH SOLE 21,181 0 ANADARKO PETROLEUM CORP COMMON 032511107 7,002 157,444 SH SOLE 136,757 20,687 AOL TIME WARNER INC COMMON 00184A105 472,773 29,383,040 SH SOLE 27,098,240 544,000 1,740,800 AON CORP COMMON 037389103 265 11,024 SH SOLE 11,024 0 ARCHER-DANIELS MIDLAND COMMON 039483102 358,230 27,834,462 SH SOLE 25,508,663 533,210 1,792,589 AT&T CORP (NEW) COMMON 001957505 1,090,617 56,655,436 SH SOLE 52,655,739 892,900 3,106,797 AT&T WIRELESS SERVICES COMMON 00209A106 354,707 43,204,204 SH SOLE 40,198,004 748,500 2,257,700 AUTOMATIC DATA PROCESSING INC COMMON 053015103 326 9,620 SH SOLE 5,620 4,000 AVAYA INC COMMON 053499109 279,678 43,293,746 SH SOLE 39,430,146 865,900 2,997,700 AVERY DENNISON CORP COMMON 053611109 321 6,400 SH SOLE 6,400 0 BAKER HUGHES INC COMMON 057224107 465,033 13,852,650 SH SOLE 12,822,190 244,700 785,760 BANCO LATINOAMERICANO EXPORTA COMMON P16994132 7,702 966,422 SH SOLE 966,422 0 BANK OF AMERICA CORP COMMON 060505104 19,663 248,804 SH SOLE 210,003 38,801 BANK OF NEW YORK INC COMMON 064057102 653 22,720 SH SOLE 19,840 2,880 BANK ONE CORP COMMON 06423A103 1,111,910 29,906,132 SH SOLE 27,603,905 558,400 1,743,827 BAUSCH & LOMB COMMON 071707103 89,322 2,381,919 SH SOLE 2,222,469 43,200 116,250 BAXTER INTERNATIONAL INC COMMON 071813109 643 24,714 SH SOLE 15,114 9,600 BECTON DICKINSON & CO COMMON 075887109 387,323 9,969,707 SH SOLE 9,220,207 161,800 587,700 BELLSOUTH CORP COMMON 079860102 837 31,418 SH SOLE 28,498 2,920 BERKSHIRE HATHAWAY INC DEL COMMON 084670108 363 5 SH SOLE 2 3 BERKSHIRE HATHAWAY, INC CLASS COMMON 084670207 4,542 1,869 SH SOLE 1,492 377 BOEING CO COMMON 097023105 1,478 43,072 SH SOLE 43,072 0 BOISE CASCADE CORP COMMON 097383103 139,898 5,853,489 SH SOLE 5,391,401 99,500 362,588 BP PLC SPONS ADR COMMON 055622104 11,872 282,530 SH SOLE 253,326 29,204 BRISTOL-MYERS SQUIBB CO COMMON 110122108 366,155 13,486,386 SH SOLE 12,623,916 215,600 646,870 BURLINGTON RESOURCES, INC. COMMON 122014103 316 5,838 SH SOLE 5,838 0 C S X CORP COMMON 126408103 662 22,000 SH SOLE 22,000 0 CADENCE DESIGN SYSTEM INC COMMON 127387108 203 16,800 SH SOLE 14,500 2,300 CANADIAN PACIFIC RAILWAY LTD COMMON 13645T100 1,051 46,508 SH SOLE 42,683 3,825 CAPITAL ONE FINANCIAL COMMON 14040H105 725,052 14,742,830 SH SOLE 13,640,230 265,000 837,600 CATELLUS DEVELOPMENT CORP COMMON 149111106 990 45,000 SH SOLE 45,000 0 CATERPILLAR INC COMMON 149123101 313,761 5,637,098 SH SOLE 5,186,002 90,400 360,696 CHEVRONTEXACO CORP COMMON 166764100 743,914 10,303,519 SH SOLE 9,534,810 171,400 597,309 CHUBB CORP COMMON 171232101 343,278 5,721,295 SH SOLE 5,360,145 77,200 283,950 CIGNA CORP COMMON 125509109 6,493 138,328 SH SOLE 114,192 24,136 CISCO SYSTEMS COMMON 17275R102 757 45,100 SH SOLE 45,100 0 CIT GROUP INC COMMON 125581108 674,271 27,353,800 SH SOLE 25,238,100 483,800 1,631,900 CITIGROUP INC COMMON 172967101 29,547 690,357 SH SOLE 590,172 100,185 CNA FINANCIAL CORP COMMON 126117100 20,060 815,450 SH SOLE 610,100 79,000 126,350 CNH GLOBAL N.V. COMMON N20935206 1,450 152,020 SH SOLE 152,020 0 COCA COLA CO COMMON 191216100 2,310 49,779 SH SOLE 46,319 3,460 COLGATE-PALMOLIVE CO COMMON 194162103 742 12,800 SH SOLE 12,800 0 COMCAST CORP CL A COMMON 20030N101 965,313 31,985,200 SH SOLE 29,593,176 558,071 1,833,953 COMCAST CORP-SPECIAL CL A COMMON 20030N200 638 22,000 SH SOLE 22,000 0 COMPUTER ASSOC INTL INC COMMON 204912109 141,167 6,336,020 SH SOLE 5,832,420 98,800 404,800 COMPUTER SCIENCES CORP COMMON 205363104 455,885 11,959,207 SH SOLE 11,101,007 174,200 684,000 COMPUWARE CORP COMMON 205638109 281,076 49,139,128 SH SOLE 44,954,228 927,200 3,257,700 CONOCOPHILLIPS COMMON 20825C104 759,038 13,851,058 SH SOLE 12,801,767 241,800 807,491 CONSOLIDATED EDISON INC COMMON 209115104 243 5,626 SH SOLE 5,626 0 CORNING INC COMMON 219350105 595,813 80,624,242 SH SOLE 74,691,242 1,343,200 4,589,800 CVS CORP COMMON 126650100 454 16,200 SH SOLE 13,800 2,400 DEERE & CO COMMON 244199105 17,172 375,762 SH SOLE 332,787 42,975 DELPHI CORP COMMON 247126105 473,229 54,835,309 SH SOLE 51,084,704 869,474 2,881,131 DILLARD'S INC CLASS A COMMON 254067101 140,471 10,428,405 SH SOLE 9,714,655 161,600 552,150 DOMINION RESOURCES INC VA COMMON 25746U109 1,138 17,709 SH SOLE 13,802 3,907 DOW CHEMICAL CO COMMON 260543103 1,102,287 35,603,600 SH SOLE 32,924,172 586,035 2,093,393 DOW JONES & CO COMMON 260561105 432 10,050 SH SOLE 8,150 1,900 DUKE ENERGY CORP COMMON 264399106 639 32,030 SH SOLE 25,900 6,130 E I DU PONT DE NEMOURS & CO COMMON 263534109 5,300 127,272 SH SOLE 115,600 11,672 EASTMAN KODAK CO COMMON 277461109 391,249 14,305,266 SH SOLE 13,238,241 251,800 815,225 ELECTRONIC DATA SYSTEMS COMMON 285661104 450,615 21,007,669 SH SOLE 19,729,529 278,000 1,000,140 ELI LILLY & CO COMMON 532457108 7,143 103,565 SH SOLE 86,809 16,756 EMERSON ELECTRIC CO COMMON 291011104 294 5,750 SH SOLE 650 5,100 ENCANA CORP COMMON 292505104 3,190 83,136 SH SOLE 63,791 19,345 ENGELHARD CORP COMMON 292845104 290,150 11,713,782 SH SOLE 10,828,582 188,300 696,900 EQUITY OFFICE PROPERTIES TRUS COMMON 294741103 689,433 25,525,118 SH SOLE 23,663,468 429,600 1,432,050 EQUITY RESIDENTIAL SH BEN 29476L107 410,238 15,808,800 SH SOLE 14,683,600 270,000 855,200 EXELON CORPORATION COMMON 30161N101 953 15,928 SH SOLE 15,491 437 EXXON MOBIL CORPORATION COMMON 30231G102 25,641 714,034 SH SOLE 629,108 84,926 FANNIE MAE COMMON 313586109 291 4,317 SH SOLE 3,517 800 FEDEX CORP COMMON 31428X106 890,767 14,360,267 SH SOLE 13,243,225 258,900 858,142 FIAT SPA - SPONS ADR COMMON 315621888 2,626 365,700 SH SOLE 365,700 0 FIRST MIDWEST BANCORP INC COMMON 320867104 361 12,534 SH SOLE 12,534 0 FIRST VIRGINIA BANKS INC COMMON 337477103 301 6,974 SH SOLE 6,974 0 FLEET BOSTON FINANCIAL CORP COMMON 339030108 5,252 176,772 SH SOLE 148,563 28,209 FLUOR CORP (NEW) COMMON 343412102 347,323 10,324,715 SH SOLE 9,752,365 192,400 379,950 FORD MOTOR CO COMMON 345370860 183,928 16,735,907 SH SOLE 15,615,227 251,069 869,611 FPL GROUP INC COMMON 302571104 6,116 91,491 SH SOLE 81,240 10,251 GENERAL ELECTRIC CO COMMON 369604103 20,621 719,007 SH SOLE 574,974 144,033 GENERAL MILLS INC COMMON 370334104 474 10,000 SH SOLE 8,800 1,200 GENERAL MOTORS CORP COMMON 370442105 504 14,000 SH SOLE 11,200 2,800 GENUINE PARTS CO COMMON 372460105 716,430 22,381,450 SH SOLE 20,583,026 394,700 1,403,724 GLAXOSMITHKLINE PLC ADR COMMON 37733W105 3,483 85,917 SH SOLE 62,987 22,930 GOLDEN WEST FINANCIAL CORP COMMON 381317106 883,644 11,044,171 SH SOLE 10,171,013 193,000 680,158 GUIDANT CORP COMMON 401698105 275 6,200 SH SOLE 6,200 0 HALLIBURTON CO COMMON 406216101 945 41,100 SH SOLE 34,200 6,900 HARTFORD FINANCIAL SVCS GRP COMMON 416515104 823 16,346 SH SOLE 11,400 4,946 HCA INC COMMON 404119109 850,401 26,541,859 SH SOLE 24,838,259 400,900 1,302,700 HEWLETT PACKARD CO COMMON 428236103 1,125,043 52,818,917 SH SOLE 48,774,917 956,112 3,087,888 HOME DEPOT INC COMMON 437076102 431 13,017 SH SOLE 7,320 5,697 HONDA MOTOR CO LTD - SPON ADR COMMON 438128308 4,361 228,900 SH SOLE 228,900 0 HONEYWELL INTERNATIONAL INC COMMON 438516106 2,674 99,595 SH SOLE 86,203 13,392 INGERSOLL RAND CO LTD CLASS A COMMON G4776G101 726 15,342 SH SOLE 9,642 5,700 INTEL CORP COMMON 458140100 337 16,214 SH SOLE 500 15,714 INTERCONTINENTAL HOTELS PLC A COMMON 458573102 238,888 32,724,383 SH SOLE 30,245,002 615,591 1,863,789 INTERNATIONAL BUSINESS MCH CO COMMON 459200101 28,827 349,424 SH SOLE 284,697 64,727 INTERNATIONAL PAPER CO COMMON 460146103 335,054 9,377,383 SH SOLE 8,707,401 151,600 518,382 INTL FLAVORS & FRAGRANCES INC COMMON 459506101 805 25,210 SH SOLE 25,210 0 JOHNSON & JOHNSON COMMON 478160104 4,563 88,260 SH SOLE 61,337 26,923 KIMBERLY CLARK CORP COMMON 494368103 745 14,294 SH SOLE 14,294 0 KOOKMIN BANK-SPON ADR COMMON 50049M109 2,810 92,900 SH SOLE 92,900 0 KT CORP-SP ADR COMMON 48268K101 1,675 85,000 SH SOLE 85,000 0 LOCKHEED MARTIN CORP COMMON 539830109 1,605 33,750 SH SOLE 23,500 10,250 LOEWS CORP COMMON 540424108 683,351 14,450,217 SH SOLE 13,610,567 207,900 631,750 LUBRIZOL CORP COMMON 549271104 73,549 2,373,321 SH SOLE 2,125,471 44,000 203,850 MARSH & MCLENNAN CO COMMON 571748102 1,781 34,874 SH SOLE 34,874 0 MASCO CORP COMMON 574599106 431,411 18,088,525 SH SOLE 16,716,175 272,300 1,100,050 MATSUSHITA ELEC IND ADR COMMON 576879209 525,014 52,240,186 SH SOLE 48,667,586 879,300 2,693,300 MAY DEPT STORES CO COMMON 577778103 747,658 33,587,512 SH SOLE 31,228,312 568,800 1,790,400 MBIA INC COMMON 55262C100 169,897 3,485,061 SH SOLE 3,266,543 66,250 152,268 MC DONALDS CORP COMMON 580135101 1,088,390 49,337,726 SH SOLE 45,706,044 840,800 2,790,882 MC GRAW-HILL COMPANIES INC COMMON 580645109 701 11,300 SH SOLE 7,300 4,000 MEDTRONIC INC COMMON 585055106 720 15,000 SH SOLE 13,400 1,600 MELLON FINANCIAL CORP COMMON 58551A108 3,280 118,200 SH SOLE 95,500 22,700 MERCK & CO INC COMMON 589331107 8,196 135,357 SH SOLE 121,190 14,167 MITSUBISHI TOKYO FINANCIAL GR COMMON 606816106 2,863 625,200 SH SOLE 625,200 0 MORGAN (J P) CHASE & CO COMMON 46625H100 5,186 151,718 SH SOLE 116,268 35,450 MOTOROLA INC COMMON 620076109 443,186 46,997,484 SH SOLE 43,831,284 616,900 2,549,300 NCR CORP COMMON 62886E108 330,757 12,910,105 SH SOLE 12,055,890 192,800 661,415 NEWS CORP LTD SPONS ADR PRF COMMON 652487802 1,002,759 40,030,317 SH SOLE 36,970,267 744,500 2,315,550 NISOURCE INC COMMON 65473P105 538 28,300 SH SOLE 17,300 11,000 NORDSTROM INC COMMON 655664100 352,850 18,076,347 SH SOLE 16,360,247 376,600 1,339,500 NORFOLK SOUTHERN CORP COMMON 655844108 884 46,016 SH SOLE 41,216 4,800 NORSK HYDRO A/S SPONS ADR COMMON 656531605 3,706 75,400 SH SOLE 75,400 0 NOVA CHEMICALS CORP COMMON 66977W109 202,694 10,645,693 SH SOLE 9,885,503 165,240 594,950 OCCIDENTAL PETROLEUM CORP COMMON 674599105 761,005 22,682,704 SH SOLE 20,892,004 417,400 1,373,300 PARKER-HANNIFIN CORP COMMON 701094104 1,191 28,360 SH SOLE 23,110 5,250 PENNEY (J C) CO COMMON 708160106 242 14,340 SH SOLE 13,940 400 PEPSICO INC COMMON 713448108 1,247 28,020 SH SOLE 27,220 800 PETROLEO BRASILEIRO S.A. - AD PFD 71654V101 3,263 183,700 SH SOLE 183,700 0 PFIZER INC COMMON 717081103 372,847 10,917,911 SH SOLE 10,126,274 173,600 618,037 PITNEY BOWES INC COMMON 724479100 325,178 8,465,976 SH SOLE 7,788,326 154,000 523,650 PNC FINANCIAL SERVICES GROUP COMMON 693475105 3,978 81,491 SH SOLE 74,691 6,800 PRAXAIR INC COMMON 74005P104 361 6,000 SH SOLE 6,000 0 PROCTER & GAMBLE CO COMMON 742718109 22,254 249,538 SH SOLE 215,677 33,861 PROGRESS ENERGY INC COMMON 743263105 1,817 41,400 SH SOLE 36,100 5,300 PRUDENTIAL FINANCIAL INC. COMMON 744320102 86,740 2,577,711 SH SOLE 2,577,711 0 R R DONNELLEY & SONS CO COMMON 257867101 380,339 14,550,067 SH SOLE 13,294,671 276,100 979,296 REUTERS GROUP PLC ADR COMMON 76132M102 2,195 125,600 SH SOLE 125,600 0 RIO TINTO PLC-SPON ADR COMMON 767204100 522,754 6,828,924 SH SOLE 6,290,984 136,400 401,540 ROHM & HAAS COMMON 775371107 405,899 13,080,872 SH SOLE 12,086,472 228,700 765,700 ROYAL DUTCH PETROLEUM CO COMMON 780257804 10,803 231,714 SH SOLE 211,836 19,878 SAFECO CORP COMMON 786429100 1,076 30,500 SH SOLE 29,300 1,200 SBC COMMUNICATIONS, INC COMMON 78387G103 3,790 148,347 SH SOLE 125,635 22,712 SCHERING-PLOUGH CORP COMMON 806605101 911,625 49,012,095 SH SOLE 45,346,259 831,100 2,834,736 SCHLUMBERGER LTD COMMON 806857108 4,186 88,002 SH SOLE 79,002 9,000 SCOTTISH POWER & LIGHT PLC AD COMMON 81013T705 96,959 3,988,456 SH SOLE 3,677,956 97,500 213,000 SIGMA-ALDRICH CORP COMMON 826552101 1,195 22,000 SH SOLE 22,000 0 SONY CORP ADR COMMON 835699307 812,441 29,015,746 SH SOLE 26,933,046 500,700 1,582,000 ST PAUL COMPANIES INC COMMON 792860108 662,568 18,147,578 SH SOLE 16,851,358 292,100 1,004,120 STATE STREET CORP COMMON 857477103 705 17,900 SH SOLE 17,900 0 STOLT OFFSHORE SA - ADR COMMON 861567105 1,346 897,600 SH SOLE 897,600 0 STORAGE TECHNOLOGY COMMON 862111200 288,969 11,226,458 SH SOLE 10,360,708 205,700 660,050 SUNTRUST BANKS INC COMMON 867914103 327 5,516 SH SOLE 5,516 0 SYNGENTA AG - ADR COMMON 87160A100 177,080 17,463,500 SH SOLE 16,187,800 296,700 979,000 SYSCO CORP COMMON 871829107 538 17,904 SH SOLE 7,654 10,250 TARGET CORP COMMON 87612E106 32,922 870,033 SH SOLE 711,968 158,065 TECO ENERGY INC COMMON 872375100 227 18,900 SH SOLE 16,200 2,700 TEXAS INSTRUMENTS INC COMMON 882508104 2,109 119,855 SH SOLE 49,655 70,200 THE GAP INC COMMON 364760108 402,658 21,463,650 SH SOLE 19,794,950 409,300 1,259,400 THERMO ELECTRON COMMON 883556102 389,696 18,539,284 SH SOLE 17,108,884 341,800 1,088,600 TORCHMARK CORP COMMON 891027104 400,340 10,747,384 SH SOLE 9,957,384 229,000 561,000 TRIBUNE CO NEW COMMON 896047107 2,803 58,040 SH SOLE 55,503 2,537 TXU CORP COMMON 873168108 201,221 8,963,052 SH SOLE 8,296,833 151,300 514,919 ULTRAPAR PARTICPACEOS SPON AD PFD 90400P101 3,153 342,000 SH SOLE 342,000 0 UNIBANCO SPONSORED GDR COMMON 90458E107 3,919 228,400 SH SOLE 228,400 0 UNILEVER NV COMMON 904784709 583,692 10,809,119 SH SOLE 10,071,667 168,700 568,752 UNION PACIFIC CORP COMMON 907818108 626,022 10,789,769 SH SOLE 9,917,948 189,300 682,521 UNIONBANCAL CORPORATION COMMON 908906100 331 8,000 SH SOLE 8,000 0 UNITED TECHNOLOGIES CORP COMMON 913017109 2,383 33,645 SH SOLE 27,229 6,416 UNOCAL CORP COMMON 915289102 677,734 23,622,669 SH SOLE 21,869,119 391,500 1,362,050 UNOVA, INC. COMMON 91529B106 31,048 2,797,156 SH SOLE 2,529,206 37,100 230,850 UNUMPROVIDENT CORP COMMON 91529Y106 286,847 21,390,531 SH SOLE 19,831,431 391,500 1,167,600 US BANCORP (NEW) COMMON 902973304 282 11,520 SH SOLE 11,520 0 V F CORP COMMON 918204108 280,328 8,252,215 SH SOLE 7,554,615 166,300 531,300 VERIZON COMMUNICATIONS COMMON 92343V104 1,352 34,263 SH SOLE 32,982 1,281 VODAFONE GROUP PLC-SP ADR COMMON 92857W100 315 16,055 SH SOLE 14,055 2,000 WACHOVIA CORP COMMON 929903102 742,618 18,584,038 SH SOLE 17,065,338 358,700 1,160,000 WAL-MART STORES INC COMMON 931142103 481 8,968 SH SOLE 4,368 4,600 WALGREEN CO COMMON 931422109 562 18,680 SH SOLE 18,680 0 WALT DISNEY CO COMMON 254687106 501 25,371 SH SOLE 14,076 11,295 WASHINGTON MUTUAL INC COMMON 939322103 710 17,202 SH SOLE 17,202 0 WELLPOINT HEALTH NETWORKS INC COMMON 94973H108 387,243 4,593,630 SH SOLE 4,201,430 98,200 294,000 WELLS FARGO & CO COMMON 949746101 340,910 6,764,095 SH SOLE 6,154,254 111,700 498,141 WEYERHAEUSER CO COMMON 962166104 7,034 130,262 SH SOLE 119,267 10,995 WHIRLPOOL CORP COMMON 963320106 565,329 8,874,860 SH SOLE 8,147,310 150,500 577,050 WISCONSIN ENERGY CORP COMMON 976657106 2,405 82,928 SH SOLE 78,428 4,500 WYETH COMMON 983024100 339,894 7,462,007 SH SOLE 7,048,157 108,900 304,950 XEROX CORP COMMON 984121103 1,001,612 94,580,957 SH SOLE 86,622,357 1,901,800 6,056,800 XL CAPITAL LTD COMMON G98255105 589 7,096 SH SOLE 7,096 0 3M CO COMMON 88579Y101 8,816 68,351 SH SOLE 60,821 7,530
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