-----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, F7IMdu7s5gF6LAeVrgU/cLhKZVdRXLbmhACdegTXB0q0VJArGz2WW8N0vfrHLQOj RrYrjYbg9rBsvLH/cmHFeQ== 0001193125-05-107046.txt : 20050513 0001193125-05-107046.hdr.sgml : 20050513 20050513142303 ACCESSION NUMBER: 0001193125-05-107046 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050331 FILED AS OF DATE: 20050513 DATE AS OF CHANGE: 20050513 EFFECTIVENESS DATE: 20050513 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: 05828339 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 PERIOD ENDING 3/31/05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/05 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: 555 California Street 40th 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: Chief Operating Officer Phone: (415) 981-1710 Signature, Place, and Date of Signing: /S/ Thomas M. Mistele San Francisco, CA 5/13/05 - ---------------------- ----------------- ------- [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: 237 Form 13F Information Table Value Total: 86,569,405 (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 COL 7 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 3,070 65,850 SH SOLE 65,520 330 AEGON N V AMERICAN REG SHARE AMEREG 007924103 328,108 24,376,500 SH SOLE 23,109,600 289,400 977,500 AETNA INC - NEW COMMON 00817Y108 735 9,800 SH SOLE 9,800 0 AGILENT TECHNOLOGIES INC COMMON 00846U101 627 28,234 SH SOLE 20,936 7,298 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 3,859 60,968 SH SOLE 54,218 6,750 AKZO NOBEL NV - SPON ADR COMMON 010199305 1,632,391 35,502,190 SH SOLE 33,445,190 394,000 1,663,000 ALCOA INC COMMON 013817101 243,401 8,009,262 SH SOLE 7,490,921 93,600 424,741 ALLERGAN INC COMMON 018490102 238 3,432 SH SOLE 3,432 0 ALLSTATE CORP COMMON 020002101 737 13,624 SH SOLE 12,310 1,314 ALTRIA GROUP INC COMMON 02209S103 3,443 52,660 SH SOLE 46,660 6,000 AMERADA HESS CORP COMMON 023551104 670,683 6,971,030 SH SOLE 6,527,020 71,100 372,910 AMEREN CORP COMMON 023608102 1,982 40,450 SH SOLE 39,950 500 AMERICAN ELEC POWER CO INC COMMON 025537101 582,521 17,102,790 SH SOLE 15,803,732 200,540 1,098,518 AMERICAN EXPRESS COMPANY COMMON 025816109 29,503 574,327 SH SOLE 531,881 42,446 AMERICAN INTERNATIONAL GROUP COMMON 026874107 6,279 113,314 SH SOLE 85,794 27,520 AMERICAN POWER CONVERSION COR COMMON 029066107 241,162 9,236,400 SH SOLE 8,677,300 113,900 445,200 AMSOUTH BANCORPORATION COMMON 032165102 254 9,769 SH SOLE 9,769 0 ANADARKO PETROLEUM CORP COMMON 032511107 9,685 127,264 SH SOLE 120,973 6,291 ANHEUSER-BUSCH COS INC COMMON 035229103 993 20,952 SH SOLE 20,952 0 AON CORP COMMON 037389103 252 11,024 SH SOLE 11,024 0 ARCHER-DANIELS MIDLAND COMMON 039483102 6,796 276,501 SH SOLE 264,374 12,127 AT&T CORP COMMON 001957505 1,900,169 101,342,330 SH SOLE 94,658,423 1,136,280 5,547,627 AUTOMATIC DATA PROCESSING INC COMMON 053015103 405 9,020 SH SOLE 7,220 1,800 AVAYA INC COMMON 053499109 344,995 29,537,248 SH SOLE 27,841,348 287,600 1,408,300 AVERY DENNISON CORP COMMON 053611109 272 4,400 SH SOLE 4,400 0 B W C FINANCIAL CORP COMMON 056042104 353 13,764 SH SOLE 13,764 0 BAKER HUGHES INC COMMON 057224107 878,788 19,752,476 SH SOLE 18,401,026 216,700 1,134,750 BANK OF AMERICA CORP COMMON 060505104 26,021 590,044 SH SOLE 529,822 60,222 BANK OF NEW YORK INC COMMON 064057102 544 18,720 SH SOLE 18,720 0 BAXTER INTERNATIONAL INC COMMON 071813109 516 15,182 SH SOLE 15,182 0 BAYER AG - SPONSORED ADR COMMON 072730302 8,610 260,200 SH SOLE 246,300 13,900 BB&T CORP COMMON 054937107 336 8,586 SH SOLE 8,586 0 BECTON DICKINSON & CO COMMON 075887109 529,914 9,070,757 SH SOLE 8,407,807 103,400 559,550 BELLSOUTH CORP COMMON 079860102 497 18,898 SH SOLE 18,538 360 BERKSHIRE HATHAWAY INC DEL CL A 084670108 522 6 SH SOLE 6 0 BERKSHIRE HATHAWAY, INC CLASS CL B 084670207 4,892 1,713 SH SOLE 1,347 366 BJ SVCS CO COMMON 055482103 331 6,375 SH SOLE 6,375 0 BMC SOFTWARE COMMON 055921100 412,266 27,484,400 SH SOLE 25,963,800 226,500 1,294,100 BOEING CO COMMON 097023105 1,351 23,110 SH SOLE 22,710 400 BP PLC SPONS ADR COMMON 055622104 19,194 307,604 SH SOLE 288,648 18,956 BRISTOL-MYERS SQUIBB CO COMMON 110122108 426,225 16,740,951 SH SOLE 15,551,911 218,200 970,840 BURLINGTON RESOURCES, INC. COMMON 122014103 585 11,676 SH SOLE 11,676 0 C S X CORP COMMON 126408103 679 16,300 SH SOLE 16,300 0 CADENCE DESIGN SYSTEM INC COMMON 127387108 251 16,800 SH SOLE 16,800 0 CANADIAN PACIFIC RAILWAY LTD COMMON 13645T100 826 22,966 SH SOLE 22,966 0 CAPITAL ONE FINANCIAL COMMON 14040H105 1,573,157 21,039,945 SH SOLE 19,631,095 225,700 1,183,150 CARDINAL HEALTH INC COMMON 14149Y108 2,114,037 37,885,973 SH SOLE 35,491,373 391,700 2,002,900 CATELLUS DEVELOPMENT CORP (NE COMMON 149113102 885 33,190 SH SOLE 33,190 0 CATERPILLAR INC COMMON 149123101 17,633 192,834 SH SOLE 169,860 22,974 CHEVRONTEXACO CORP COMMON 166764100 1,636,931 28,072,900 SH SOLE 26,067,214 301,500 1,704,186 CHUBB CORP COMMON 171232101 898,773 11,338,122 SH SOLE 10,577,972 136,700 623,450 CIGNA CORP COMMON 125509109 10,504 117,630 SH SOLE 106,030 11,600 CISCO SYSTEMS COMMON 17275R102 243 13,600 SH SOLE 13,600 0 CIT GROUP INC COMMON 125581108 728,451 19,169,750 SH SOLE 17,921,350 198,200 1,050,200 CITIGROUP INC COMMON 172967101 843,796 18,776,062 SH SOLE 17,670,618 178,500 926,944 CNH GLOBAL N.V. COMMON N20935206 20,829 1,108,520 SH SOLE 1,108,520 0 COCA COLA CO COMMON 191216100 2,671 64,088 SH SOLE 63,758 330 COLGATE-PALMOLIVE CO COMMON 194162103 365 7,000 SH SOLE 7,000 0 COMCAST CORP CL A CL A 20030N101 2,746,283 81,299,089 SH SOLE 76,202,481 876,745 4,219,863 COMCAST CORP-SPECIAL CL A CLASPL 20030N200 1,798 53,839 SH SOLE 53,839 0 COMPUTER ASSOC INTL INC COMMON 204912109 762 28,100 SH SOLE 28,100 0 COMPUTER SCIENCES CORP COMMON 205363104 1,126,216 24,563,057 SH SOLE 23,073,107 245,600 1,244,350 COMPUWARE CORP COMMON 205638109 363,934 50,546,442 SH SOLE 45,909,242 750,600 3,886,600 CONOCOPHILLIPS COMMON 20825C104 1,226,100 11,369,621 SH SOLE 10,613,935 118,800 636,886 CONSOLIDATED EDISON INC COMMON 209115104 237 5,626 SH SOLE 5,626 0 CORNING INC COMMON 219350105 4,930 442,905 SH SOLE 430,905 12,000 CVS CORP COMMON 126650100 284 5,400 SH SOLE 5,400 0 DEERE & CO COMMON 244199105 14,293 212,914 SH SOLE 185,164 27,750 DELPHI CORP COMMON 247126105 333,207 74,376,578 SH SOLE 69,326,630 766,650 4,283,298 DILLARD'S INC CLASS A CL A 254067101 284,575 10,579,005 SH SOLE 9,922,555 135,600 520,850 DOMINION RESOURCES INC VA COMMON 25746U109 1,117 15,004 SH SOLE 13,824 1,180 DOW CHEMICAL CO COMMON 260543103 1,801,644 36,141,300 SH SOLE 33,727,874 382,328 2,031,098 DUKE ENERGY CORP COMMON 264399106 1,487,477 53,105,216 SH SOLE 49,652,812 579,800 2,872,604 DUN & BRADSTREET CORP COMMON 26483E100 3,151 51,275 SH SOLE 51,275 0 E I DU PONT DE NEMOURS & CO COMMON 263534109 5,511 107,555 SH SOLE 99,363 8,192 EASTMAN KODAK CO COMMON 277461109 9,617 295,461 SH SOLE 249,986 45,475 ELECTRONIC DATA SYSTEMS COMMON 285661104 1,352,575 65,436,619 SH SOLE 61,198,619 659,000 3,579,000 ELI LILLY & CO COMMON 532457108 4,607 88,425 SH SOLE 82,325 6,100 EMC CORP MASS COMMON 268648102 286 23,200 SH SOLE 23,200 0 EMERSON ELECTRIC CO COMMON 291011104 331 5,100 SH SOLE 5,100 0 ENCANA CORP COMMON 292505104 2,184 31,018 SH SOLE 27,086 3,932 ENGELHARD CORP COMMON 292845104 432,455 14,400,782 SH SOLE 13,368,382 159,900 872,500 EQUITY OFFICE PROPERTIES TRUS COMMON 294741103 1,307,676 43,401,118 SH SOLE 40,639,318 440,200 2,321,600 EQUITY RESIDENTIAL SH BEN 29476L107 683,654 21,224,901 SH SOLE 19,747,050 243,100 1,234,751 EXELON CORPORATION COMMON 30161N101 1,194 26,012 SH SOLE 26,012 0 EXXON MOBIL CORPORATION COMMON 30231G102 37,698 632,510 SH SOLE 595,545 36,965 FEDEX CORP COMMON 31428X106 1,203,454 12,809,518 SH SOLE 11,973,826 132,700 702,992 FIAT SPA - SPONS ADR COMMON 315621888 36,064 4,960,700 SH SOLE 4,960,700 0 FIRST MIDWEST BANCORP INC COMMON 320867104 407 12,534 SH SOLE 12,534 0 FIRSTENERGY CORP COMMON 337932107 365,456 8,711,700 SH SOLE 8,091,400 103,400 516,900 FLUOR CORP (NEW) COMMON 343412102 565,852 10,208,415 SH SOLE 9,614,565 131,800 462,050 FOMENTO ECONOMICO MEX-SP ADR SPNADR 344419106 104,942 1,959,700 SH SOLE 1,959,700 0 FORD MOTOR CO COMMON 345370860 270 23,817 SH SOLE 23,817 0 FPL GROUP INC COMMON 302571104 6,901 171,882 SH SOLE 158,514 13,368 FREESCALE SEMICONDUCTOR-A COMMON 35687M107 179,548 10,592,800 SH SOLE 9,904,600 114,500 573,700 FREESCALE SEMICONDUCTOR-B COMMON 35687M206 59,289 3,437,024 SH SOLE 3,205,066 37,594 194,364 GENENTECH INC COMMON 368710406 214 3,780 SH SOLE 3,780 0 GENERAL ELECTRIC CO COMMON 369604103 40,851 1,132,856 SH SOLE 1,026,761 106,095 GENERAL MILLS INC COMMON 370334104 452 9,200 SH SOLE 9,200 0 GENERAL MOTORS CORP COMMON 370442105 304 10,350 SH SOLE 8,950 1,400 GENUINE PARTS CO COMMON 372460105 913,633 21,007,888 SH SOLE 19,518,101 230,000 1,259,787 GENWORTH FINANCIAL COMMON 37247D106 442,956 16,095,800 SH SOLE 15,141,800 166,300 787,700 GILLETTE COMPANY COMMON 375766102 1,045 20,710 SH SOLE 20,710 0 GLAXOSMITHKLINE PLC ADR COMMON 37733W105 1,355,297 29,514,317 SH SOLE 27,966,941 273,200 1,274,176 GOLDEN WEST FINANCIAL CORP COMMON 381317106 1,214,573 20,075,581 SH SOLE 18,587,581 240,400 1,247,600 GUIDANT CORP COMMON 401698105 370 5,000 SH SOLE 5,000 0 HALLIBURTON CO COMMON 406216101 2,002 46,300 SH SOLE 36,800 9,500 HARLEY DAVIDSON INC COMMON 412822108 260 4,500 SH SOLE 4,500 0 HARMAN INTERNATIONAL INDUSTRI COMMON 413086109 285 3,225 SH SOLE 3,225 0 HARTFORD FINANCIAL SVCS GRP COMMON 416515104 864 12,605 SH SOLE 10,105 2,500 HCA INC COMMON 404119109 2,707,285 50,537,331 SH SOLE 47,509,981 538,200 2,489,150 HEWLETT PACKARD CO COMMON 428236103 2,779,083 126,667,396 SH SOLE 118,641,091 1,313,672 6,712,633 HOME DEPOT INC COMMON 437076102 456 11,920 SH SOLE 11,920 0 HONDA MOTOR CO LTD - SPON ADR AMERN 438128308 518,346 20,700,700 SH SOLE 19,666,200 189,900 844,600 HONEYWELL INTERNATIONAL INC COMMON 438516106 2,158 57,983 SH SOLE 51,408 6,575 IMS HEALTH INC COMMON 449934108 3,207 131,500 SH SOLE 131,500 0 INGERSOLL RAND CO LTD CLASS A CL A G4776G101 594 7,452 SH SOLE 7,452 0 INTEL CORP COMMON 458140100 228 9,800 SH SOLE 9,800 0 INTERCONTINENTAL HOTEL ADR COMMON 458573201 4,795 406,318 SH SOLE 376,584 29,733 INTERNATIONAL BUSINESS MCH CO COMMON 459200101 27,610 302,149 SH SOLE 262,641 39,508 INTERNATIONAL PAPER CO COMMON 460146103 414,028 11,253,828 SH SOLE 10,560,678 104,100 589,050 INTERPUBLIC GROUP COMPANIES COMMON 460690100 76,890 6,261,400 SH SOLE 5,987,800 34,900 238,700 INTL FLAVORS & FRAGRANCES INC COMMON 459506101 573 14,508 SH SOLE 11,208 3,300 JOHNSON & JOHNSON COMMON 478160104 6,314 94,010 SH SOLE 78,187 15,823 JPMORGAN CHASE & COMPANY COMMON 46625H100 771,496 22,297,582 SH SOLE 20,857,575 231,204 1,208,803 KIMBERLY CLARK CORP COMMON 494368103 616 9,378 SH SOLE 9,378 0 KOOKMIN BANK-SPON ADR COMMON 50049M109 86,974 1,947,900 SH SOLE 1,947,900 0 KT CORP-SP ADR COMMON 48268K101 153,185 7,188,400 SH SOLE 7,188,400 0 LEHMAN BROTHERS HOLDINGS INC COMMON 524908100 313 3,320 SH SOLE 3,320 0 LG PHILIPS LCD CO LTD- ADR COMMON 50186V102 73,270 3,400,000 SH SOLE 3,400,000 0 LIBERTY MEDIA CORP-A COM A 530718105 677,288 65,312,250 SH SOLE 61,344,050 747,800 3,220,400 LINCOLN NATIONAL CORP COMMON 534187109 274 6,064 SH SOLE 6,064 0 LOCKHEED MARTIN CORP COMMON 539830109 1,249 20,450 SH SOLE 20,450 0 LOEWS CORP COMMON 540424108 1,011,588 13,755,617 SH SOLE 12,994,967 147,400 613,250 LUBRIZOL CORP COMMON 549271104 103,277 2,541,271 SH SOLE 2,293,321 20,000 227,950 MARSH & MCLENNAN CO COMMON 571748102 954 31,352 SH SOLE 31,352 0 MASCO CORP COMMON 574599106 703,603 20,294,275 SH SOLE 18,727,025 210,200 1,357,050 MATSUSHITA ELEC IND ADR COMMON 576879209 1,263,576 85,840,786 SH SOLE 80,302,286 908,100 4,630,400 MAY DEPT STORES CO COMMON 577778103 1,390,048 37,548,562 SH SOLE 34,830,262 447,000 2,271,300 MBIA INC COMMON 55262C100 189,900 3,632,362 SH SOLE 3,350,144 46,750 235,468 MBNA CORP COMMON 55262L100 242 9,863 SH SOLE 9,863 0 MC DONALDS CORP COMMON 580135101 1,875,410 60,225,126 SH SOLE 56,052,260 670,800 3,502,066 MC GRAW-HILL COMPANIES INC COMMON 580645109 797 9,134 SH SOLE 6,634 2,500 MEDCO HEALTH SOLUTIONS INC COMMON 58405U102 258 5,197 SH SOLE 5,197 0 MEDTRONIC INC COMMON 585055106 492 9,650 SH SOLE 9,650 0 MELLON FINANCIAL CORP COMMON 58551A108 2,666 93,400 SH SOLE 76,900 16,500 MERCK & CO INC COMMON 589331107 3,967 122,562 SH SOLE 111,277 11,285 MICROSOFT CORP COMMON 594918104 402 16,625 SH SOLE 16,625 0 MITSUBISHI TOKYO FINANCIAL GR COMMON 606816106 146,611 16,949,200 SH SOLE 16,949,200 0 MOODY'S CORP COMMON 615369105 5,860 72,470 SH SOLE 72,470 0 MORGAN STANLEY COMMON 617446448 364 6,352 SH SOLE 4,692 1,660 MOTOROLA INC COMMON 620076109 1,028,527 68,705,902 SH SOLE 64,644,652 618,300 3,442,950 MURPHY OIL CORP COMMON 626717102 227 2,300 SH SOLE 2,300 0 NCR CORP COMMON 62886E108 500,024 14,819,908 SH SOLE 13,884,840 152,800 782,268 NEWS CORP INC CLASS A CL A 65248E104 2,160,990 127,718,076 SH SOLE 120,551,176 1,202,400 5,964,500 NISOURCE INC COMMON 65473P105 645 28,300 SH SOLE 21,300 7,000 NOKIA CORP ADS COMMON 654902204 207 13,425 SH SOLE 13,425 0 NORDSTROM INC COMMON 655664100 32,692 590,318 SH SOLE 550,568 39,750 NORFOLK SOUTHERN CORP COMMON 655844108 1,155 31,174 SH SOLE 26,074 5,100 NORSK HYDRO A/S SPONS ADR COMMON 656531605 161,678 1,936,500 SH SOLE 1,936,500 0 NOVA CHEMICALS CORP COMMON 66977W109 388,613 9,048,043 SH SOLE 8,481,803 98,900 467,340 NUCOR CORP COMMON 670346105 13,144 228,360 SH SOLE 228,360 0 OCCIDENTAL PETROLEUM CORP COMMON 674599105 722,290 10,148,792 SH SOLE 9,494,922 103,200 550,670 PARKER-HANNIFIN CORP COMMON 701094104 1,367 22,435 SH SOLE 18,760 3,675 PENNEY (J C) CO COMMON 708160106 582 11,215 SH SOLE 11,215 0 PEPSICO INC COMMON 713448108 1,314 24,770 SH SOLE 24,770 0 PETROLEO BRASILEIRO S.A. - AD ADRPFD 71654V101 134,480 3,495,700 SH SOLE 3,495,700 0 PFIZER INC COMMON 717081103 1,346,912 51,271,860 SH SOLE 48,406,098 527,521 2,338,241 PITNEY BOWES INC COMMON 724479100 553,236 12,261,426 SH SOLE 11,408,976 135,800 716,650 PNC FINANCIAL SERVICES GROUP COMMON 693475105 3,291 63,924 SH SOLE 59,924 4,000 PPG INDUSTRIES INC COMMON 693506107 4,058 56,740 SH SOLE 56,740 0 PRAXAIR INC COMMON 74005P104 574 12,000 SH SOLE 12,000 0 PROCTER & GAMBLE CO COMMON 742718109 20,687 390,322 SH SOLE 355,362 34,960 PROGRESS ENERGY INC COMMON 743263105 1,611 38,400 SH SOLE 30,000 8,400 R R DONNELLEY & SONS CO COMMON 257867101 372,162 11,769,843 SH SOLE 10,902,751 144,000 723,092 RIO TINTO PLC-SPON ADR COMMON 767204100 1,185,764 9,138,836 SH SOLE 8,567,846 100,000 470,990 ROHM & HAAS COMMON 775371107 715,055 14,896,972 SH SOLE 13,770,772 174,400 951,800 ROYAL DUTCH PETROLEUM CO NY REG 780257804 577,152 9,612,793 SH SOLE 8,299,365 234,400 1,079,028 SAFECO CORP COMMON 786429100 479,470 9,843,361 SH SOLE 9,236,661 106,400 500,300 SBC COMMUNICATIONS, INC COMMON 78387G103 3,000 126,627 SH SOLE 118,835 7,792 SCHERING-PLOUGH CORP COMMON 806605101 1,498,410 82,557,021 SH SOLE 76,917,683 845,000 4,794,338 SCHLUMBERGER LTD COMMON 806857108 534,910 7,589,527 SH SOLE 7,225,327 66,100 298,100 SCOTTISH POWER & LIGHT PLC AD COMMON 81013T705 332,422 10,654,551 SH SOLE 10,063,651 114,000 476,900 SCRIPPS (E.W.) CO A COMMON 811054204 280 5,750 SH SOLE 5,750 0 SHELL TRANSPORT & TRADING ADR ADR NY 822703609 857,529 15,775,000 SH SOLE 15,775,000 0 SIGMA-ALDRICH CORP COMMON 826552101 1,225 20,000 SH SOLE 20,000 0 SMITH INTERNATIONAL COMMON 832110100 270 4,300 SH SOLE 4,300 0 SONY CORP ADR COMMON 835699307 2,177,590 54,412,546 SH SOLE 51,341,846 502,300 2,568,400 SOUTHERN CO COMMON 842587107 271 8,500 SH SOLE 8,500 0 ST PAUL TRAVELERS COMPANIES I COMMON 792860108 1,454,251 39,593,009 SH SOLE 37,084,289 393,900 2,114,820 STARBUCKS CORP COMMON 855244109 418 8,100 SH SOLE 8,100 0 STATE STREET CORP COMMON 857477103 695 15,900 SH SOLE 15,900 0 STORAGE TECHNOLOGY COMMON 862111200 452,690 14,697,733 SH SOLE 13,837,883 131,200 728,650 SUNTRUST BANKS INC COMMON 867914103 398 5,516 SH SOLE 5,516 0 SYMYX TECHNOLOGIES COMMON 87155S108 287 13,011 SH SOLE 13,011 0 SYNGENTA AG - ADR COMMON 87160A100 498,179 23,722,800 SH SOLE 22,291,700 241,300 1,189,800 SYSCO CORP COMMON 871829107 742 20,724 SH SOLE 20,724 0 TARGET CORP COMMON 87612E106 30,887 617,494 SH SOLE 570,627 46,867 TEVA PHARMACEUTICAL INDS. LTD COMMON 881624209 383 12,350 SH SOLE 12,350 0 TEXAS INSTRUMENTS INC COMMON 882508104 3,469 136,110 SH SOLE 101,910 34,200 THE GAP INC COMMON 364760108 458,670 21,001,375 SH SOLE 19,485,775 244,300 1,271,300 THERMO ELECTRON COMMON 883556102 490,551 19,397,034 SH SOLE 17,977,284 195,700 1,224,050 TIME WARNER INC COMMON 887317105 2,014,069 114,761,760 SH SOLE 107,951,960 1,158,500 5,651,300 TORCHMARK CORP COMMON 891027104 493,448 9,453,034 SH SOLE 8,944,834 121,300 386,900 TOTAL S.A. SPON ADRS COMMON 89151E109 226 1,930 SH SOLE 1,930 0 TRIBUNE CO NEW COMMON 896047107 2,258 56,643 SH SOLE 56,643 0 TXU CORP COMMON 873168108 6,941 87,165 SH SOLE 58,971 28,194 TYCO INTERNATIONAL LTD COMMON 902124106 5,136 151,961 SH SOLE 151,961 0 ULTRAPAR PARTICPACEOS SPON AD ADRPFD 90400P101 47,095 2,950,785 SH SOLE 2,950,785 0 UNIBANCO SPONSORED GDR GDRPFD 90458E107 100,269 2,916,500 SH SOLE 2,916,500 0 UNILEVER NV NY SHS 904784709 1,703,684 24,900,373 SH SOLE 23,499,240 239,600 1,161,533 UNION PACIFIC CORP COMMON 907818108 1,973,604 28,315,699 SH SOLE 26,537,698 293,100 1,484,901 UNIONBANCAL CORPORATION COMMON 908906100 423 6,900 SH SOLE 6,900 0 UNITED PARCEL SERVICE COMMON 911312106 293 4,025 SH SOLE 4,025 0 UNITED TECHNOLOGIES CORP COMMON 913017109 2,495 24,541 SH SOLE 24,541 0 UNOCAL CORP COMMON 915289102 1,423,034 23,067,494 SH SOLE 21,537,694 244,900 1,284,900 UNUMPROVIDENT CORP COMMON 91529Y106 421,709 24,777,257 SH SOLE 23,164,457 339,100 1,273,700 V F CORP COMMON 918204108 409,792 6,929,182 SH SOLE 6,487,782 73,600 367,800 VERIZON COMMUNICATIONS COMMON 92343V104 967 27,240 SH SOLE 26,466 774 VODAFONE GROUP PLC-SP ADR COMMON 92857W100 587,398 22,115,897 SH SOLE 21,083,597 179,100 853,200 VOLVO AB-SPON ADR ADR B 928856400 287,084 6,465,850 SH SOLE 6,084,250 83,100 298,500 WACHOVIA CORP COMMON 929903102 1,522,401 29,903,763 SH SOLE 28,023,563 290,700 1,589,500 WAL-MART STORES INC COMMON 931142103 299 5,968 SH SOLE 4,168 1,800 WALGREEN CO COMMON 931422109 977 21,994 SH SOLE 21,994 0 WALT DISNEY CO COMMON 254687106 757 26,361 SH SOLE 17,061 9,300 WASHINGTON MUTUAL INC COMMON 939322103 262 6,627 SH SOLE 6,627 0 WELLPOINT, INC. COMMON 94973V107 1,321,902 10,545,685 SH SOLE 9,916,285 96,000 533,400 WELLS FARGO & CO COMMON 949746101 749,033 12,525,637 SH SOLE 11,620,528 133,600 771,509 WEYERHAEUSER CO COMMON 962166104 2,737 39,949 SH SOLE 32,999 6,950 WHIRLPOOL CORP COMMON 963320106 607,349 8,967,210 SH SOLE 8,418,110 85,100 464,000 WHITE MOUNTAINS INS GROUP, IN COMMON G9618E107 243 400 SH SOLE 400 0 WILLIS GROUP HOLDINGS LTD COMMON G96655108 288 7,800 SH SOLE 7,800 0 WISCONSIN ENERGY CORP COMMON 976657106 1,299 36,600 SH SOLE 35,100 1,500 WRIGLEY (WM) JR CO COMMON 982526105 249 3,790 SH SOLE 3,790 0 WYETH COMMON 983024100 877,963 20,814,677 SH SOLE 19,584,827 219,800 1,010,050 XEROX CORP COMMON 984121103 1,883,736 124,338,997 SH SOLE 116,532,197 1,222,500 6,584,300 3M CO COMMON 88579Y101 5,691 66,415 SH SOLE 64,815 1,600
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