0001047469-11-005090.txt : 20110513 0001047469-11-005090.hdr.sgml : 20110513 20110513114116 ACCESSION NUMBER: 0001047469-11-005090 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110513 DATE AS OF CHANGE: 20110513 EFFECTIVENESS DATE: 20110513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRIMECAP MANAGEMENT CO/CA/ CENTRAL INDEX KEY: 0000763212 IRS NUMBER: 953868081 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-01469 FILM NUMBER: 11838931 BUSINESS ADDRESS: STREET 1: 225 SOUTH LAKE AVE STE 400 CITY: PASADENA STATE: CA ZIP: 91101-3005 BUSINESS PHONE: 8183049222 MAIL ADDRESS: STREET 1: 225 SOUTH LAKE AVE SUITE 400 CITY: PASADENA STATE: CA ZIP: 91101 13F-HR 1 a2204074z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 ----------------------- 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: PRIMECAP Management Company ------------------------------- Address: 225 South Lake Street ------------------------------- Suite 400 ------------------------------- Pasadena, CA 91101 ------------------------------- Form 13F File Number: 28-01469 --------------------- 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: Rachel Aguilera ------------------------------- Title: Client Services Admin. ------------------------------- Phone: 626-304-9222 ------------------------------- Signature, Place, and Date of Signing: /s/ Rachel Aguilera Pasadena, California 05/10/11 ------------------------------- --------------------- ------------- [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).) List of Other Managers Reporting for this Manager: "NONE" FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------------- Form 13F Information Table Entry Total: -------------------- Form 13F Information Table Value Total: 70474146 -------------------- (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. "NONE" PRIMECAP Management Company FORM 13F MARCH 31, 2011
VOTING AUTHORITY VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ------------------------ NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ -------------- --------- -------- -------- --- ---- ------- -------- -------- ------ -------- 99 CENTS ONLY STORES COM 65440k106 56161 2865335 SH Sole 2674235 191100 ABIOMED INC. COM 003654100 42689 2937973 SH Sole 2223373 714600 ACCENTURE PLC COM G1151C101 269770 4907581 SH Sole 308731 4598850 ACCURAY INC. COM 004397105 55942 6202000 SH Sole 4825000 1377000 ACTIVISION BLIZZARD COM 00507V109 61501 5606300 SH Sole 850700 4755600 ADOBE SYS INC COM 00724F101 1308778 39468568 SH Sole 10878402 28590166 AECOM TECHNOLOGY CORP COM 00766T100 106358 3835500 SH Sole 2163900 1671600 AES CORP COM 00130H105 150717 11593600 SH Sole 879600 10714000 AFFYMETRIX INC. COM 00826T108 15807 3033922 SH Sole 1994924 1038998 AGILENT TECHNOLOGIES COM 00846U101 5260 117453 SH Sole 40135 77318 AKAMAI TECHNOLOGIES COM 00971T101 34902 918486 SH Sole 779386 139100 ALASKA AIRGROUP INC. COM 011659109 167895 2647350 SH Sole 218800 2428550 ALEXANDER & BALDWIN COM 014482103 78854 1727350 SH Sole 1586800 140550 ALLEGIANT TRAVEL CO COM 01748X102 2414 55100 SH Sole 20800 34300 ALTERA CORP. COM 021441100 863329 19612200 SH Sole 9330700 10281500 AMAZON.COM INC COM 023135106 685647 3806400 SH Sole 792700 3013700 AMGEN INC. COM 031162100 2589699 48450875 SH Sole 15748654 32702221 AMR CORPORATION COM 001765106 268727 41598563 SH Sole 12034843 29563720 APPLE INC COM 037833100 29275 84000 SH Sole 84000 APPLIED MATERIALS COM 038222105 307995 19717976 SH Sole 6742026 12975950 ARKANSAS BEST CORP COM 040790107 18042 696050 SH Sole 543000 153050 ARRIS GROUP INC COM 04269Q100 369 29000 SH Sole 29000 ASCENA RETAIL GROUP COM 04351G101 173008 5338100 SH Sole 626100 4712000 ASM LITHOGRAPHY COM N07059186 577248 12971874 SH Sole 4238568 8733306 AVERY DENNISON CORP. COM 053611109 16784 400000 SH Sole 400000 AVID TECHNOLOGY COM 05367P100 6833 306400 SH Sole 253000 53400 BABCOCK & WILCOX CO. NEW COM 05615F102 307543 9213380 SH Sole 5407280 3806100 BANK OF NY MELLON CORP COM 064058100 61070 2044534 SH Sole 107066 1937468 BED BATH & BEYOND INC. COM 075896100 710936 14728326 SH Sole 5472944 9255382 BERKSHIRE HATHAWAY B COM 084670702 454307 5432350 SH Sole 2228300 3204050 BEST BUY CO INC COM 086516101 37123 1292600 SH Sole 850000 442600 BIOGEN IDEC COM 09062X103 1861320 25334429 SH Sole 6798095 18536334 BIOMARIN PHARMA COM 09061G101 228103 9076938 SH Sole 3631979 5444959 BOEING CO. COM 097023105 559710 7570807 SH Sole 2798245 4772562 BOSTON SCIENTIFIC CORP COM 101137107 466742 64915389 SH Sole 18355485 46559904 BRAVO BRIO RESTAURANT GROUP COM 10567B109 1856 104900 SH Sole 12800 92100 BRISTOW GROUP COM 110394103 24517 518321 SH Sole 487621 30700 BROCADE COMM SYS COM 111621306 14320 2328500 SH Sole 888500 1440000 CABOT OIL & GAS CORP COM 127097103 72262 1364200 SH Sole 200000 1164200 CALLAWAY GOLF CO. COM 131193104 2381 349100 SH Sole 349100 CAMECO CORP COM 13321L108 126129 4198700 SH Sole 3198900 999800 CAMERON INTL CORP. COM 13342B105 12091 211747 SH Sole 85200 126547
PRIMECAP Management Company FORM 13F MARCH 31, 2011
VOTING AUTHORITY VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ------------------------ NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ -------------- --------- -------- -------- --- ---- ------- -------- -------- ------ -------- CANADIAN PACIFIC RAILWAY COM 13645T100 203709 3166130 SH Sole 764100 2402030 CARDICA, INC COM 14141R101 2106 591600 SH Sole 591600 CARMAX INC. COM 143130102 504160 15705912 SH Sole 8707435 6998477 CARNIVAL CORP COM 143658300 119953 3127033 SH Sole 868033 2259000 CATERPILLAR INC DEL COM 149123101 801893 7201553 SH Sole 2747045 4454508 CENOVUS ENERGY INC COM 15135U109 183749 4666061 SH Sole 1694161 2971900 CEPHEID COM 15670R107 84898 3029900 SH Sole 2512900 517000 CERNER CORP COM 156782104 91221 820331 SH Sole 383631 436700 CH ROBINSON WORLDWIDE COM 12541W209 870559 11743678 SH Sole 2206580 9537098 CHARLES RIVER LAB COM 159864107 3105 80900 SH Sole 80900 CHICAGO BRIDGE & IRON COM 167250109 16830 413930 SH Sole 413930 CHICO'S FAS COM 168615102 819 55000 SH Sole 55000 CHUBB CORP. COM 171232101 394601 6436154 SH Sole 2670154 3766000 CIENA CORP COM 171779309 17634 679811 SH Sole 63598 616213 CISCO SYSTEMS INC COM 17275R102 76144 4439911 SH Sole 1997361 2442550 CITRIX SYSTEMS INC. COM 177376100 4775 65000 SH Sole 65000 COLFAX COM 194014106 17923 780975 SH Sole 628775 152200 COLLECTIVE BRANDS COM 19421W100 136379 6319680 SH Sole 5687080 632600 CONCEPTUS INC. COM 206016107 67385 4656878 SH Sole 3923478 733400 CONOCOPHILLIPS COM 20825C104 25124 314600 SH Sole 3300 311300 CORNING INC COM 219350105 630305 30552852 SH Sole 4660791 25892061 COSTCO WHOLESALE COM 22160K105 263410 3592608 SH Sole 441958 3150650 CREE INC. COM 225447101 383867 8316007 SH Sole 3821418 4494589 CROWN HOLDINGS INC. COM 228368106 5914 153300 SH Sole 77300 76000 CUMMINS INC COM 231021106 66559 607176 SH Sole 474624 132552 CVS CAREMARK CORP COM 126650100 16062 468000 SH Sole 468000 CYMER INC. COM 232572107 23113 408500 SH Sole 133500 275000 DEERE & CO COM 244199105 292893 3022947 SH Sole 430289 2592658 DELL INC COM 24702R101 11245 775000 SH Sole 775000 DELTA AIR LINES DEL COM 247361702 419 42800 SH Sole 42800 DENDREON CORP. COM 24823Q107 282396 7544649 SH Sole 2446549 5098100 DESCARTES SYS GRP INC COM 249906108 34925 5243990 SH Sole 576390 4667600 DIEBOLD COM 253651103 3546 100000 SH Sole 100000 DIRECTV COM CL A COM 25490A101 1809557 38665743 SH Sole 8911487 29754256 DISCOVER FIN SVCS COM 254709108 428709 17773994 SH Sole 5799894 11974100 DISNEY WALT CO. COM 254687106 490950 11393600 SH Sole 4207576 7186024 DOMTAR CORPORATION COM 257559203 130947 1426751 SH Sole 229666 1197085 DONALDSON INC COM 257651109 99167 1618000 SH Sole 1618000 DREAM WORKS ANIMATION COM 26153C103 103510 3706050 SH Sole 2989000 717050 DYAX CORP. COM 26746E103 13130 8155000 SH Sole 5425000 2730000 EADS INDUSTRIAL - EUR COM 4012250 2473 85100 SH Sole 85100 EASTMAN KODAK COM 277461109 19738 6110900 SH Sole 6110900 EBAY INC. COM 278642103 86872 2798700 SH Sole 365300 2433400 EDISON INTERNATIONAL COM 281020107 12580 343800 SH Sole 80000 263800 EDWARDS LIFE COM 28176E108 26100 300000 SH Sole 300000 ELECTRONIC ARTS INC. COM 285512109 516847 26464279 SH Sole 13696829 12767450 EMC CORP/MASS COM 268648102 1065625 40121410 SH Sole 16424213 23697197 ENCANA CORP. COM 292505104 127701 3698261 SH Sole 1471261 2227000 ENTEGRIS INC COM 29362U104 48411 5513808 SH Sole 808428 4705380 EOG RESOURCES INC. COM 26875P101 685899 5787689 SH Sole 1336124 4451565 ERICSSON (LM) TEL 'B' ADS COM 294821608 710527 55250903 SH Sole 21820403 33430500 EXELON CORP COM 30161N101 4103 99500 SH Sole 99500
PRIMECAP Management Company FORM 13F MARCH 31, 2011
VOTING AUTHORITY VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ------------------------ NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ -------------- --------- -------- -------- --- ---- ------- -------- -------- ------ -------- EXPEDIA INC. COM 30212P105 2453 108250 SH Sole 108250 EXPEDITORS INTL OF WASH COM 302130109 171728 3424297 SH Sole 417400 3006897 EXTERRAN HOLDINGS INC COM 30225X103 28883 1217150 SH Sole 274800 942350 F M C CORP COM NEW COM 302491303 6052 71254 SH Sole 71254 FARO TECHNOLOGIES INC. COM 311642102 14400 360000 SH Sole 270000 90000 FEDEX CORP COM 31428X106 1958921 20939824 SH Sole 4224580 16715244 FEI COMPANY COM 30241L109 26740 793000 SH Sole 261000 532000 FLEXTRONICS INTL LTD COM Y2573F102 324266 43409154 SH Sole 23074254 20334900 FORMFACTOR INC COM 346375108 77163 7498800 SH Sole 1549750 5949050 FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 171170 3081364 SH Sole 1438376 1642988 GENTEX CORPORATION COM 371901109 64557 2134100 SH Sole 649300 1484800 GLAXOSMITHKLINE PLC (ADR) COM 37733W105 340529 8865639 SH Sole 4002339 4863300 GOODRICH CORP. COM 382388106 7937 92800 SH Sole 2200 90600 GOOGLE COM 38259P508 1851852 3156063 SH Sole 800608 2355455 GRANITE CONSTR INC COM 387328107 42633 1517200 SH Sole 1517200 GSI COMMERCE COM 36238G102 54378 1857800 SH Sole 1342000 515800 GUIDANCE SOFTWARE COM 401692108 18133 2163900 SH Sole 1145100 1018800 HESS CORPORATION COM 42809H107 566282 6645718 SH Sole 2359368 4286350 HEWLETT-PACKARD CO. COM 428236103 548305 13383094 SH Sole 3559063 9824031 HONEYWELL INTL. INC. COM 438516106 879337 14726794 SH Sole 4517505 10209289 ILLUMINA INC COM 452327109 82136 1172200 SH Sole 520000 652200 IMMUNOGEN COM 45253H101 92398 10187169 SH Sole 8950250 1236919 INTEL CORP COM 458140100 470036 23292160 SH Sole 7939783 15352377 INTERMEC INC. COM 458786100 1792 166100 SH Sole 150100 16000 INTERMUNE COM 45884X103 23029 488000 SH Sole 320000 168000 INTERSIL CORPORATION COM 46069S109 62329 5006385 SH Sole 1707085 3299300 INTL PAPER CO COM 460146103 8085 267900 SH Sole 167900 100000 INTUIT INC COM 461202103 1527908 28768740 SH Sole 8102835 20665905 JABIL CIRCUIT COM 466313103 13671 669150 SH Sole 404800 264350 JACOBS ENGR GROUP DEL COM 469814107 5426 105500 SH Sole 105500 JET BLUE AIRWAYS COM 477143101 117490 18738360 SH Sole 11010010 7728350 JOHNSON & JOHNSON COM 478160104 304667 5142063 SH Sole 2630000 2512063 KELLOGG CO. COM 487836108 123495 2287790 SH Sole 1025690 1262100 KINETIC CONCEPTS COM 49460W208 145143 2667095 SH Sole 2448995 218100 KIRBY CORP. COM 497266106 162343 2833704 SH Sole 2586514 247190 KLA-TENCOR CORP. COM 482480100 230709 4875500 SH Sole 1141800 3733700 KOHLS CORP. COM 500255104 383712 7234398 SH Sole 2549413 4684985 LIFE TECHNOLOGIES CORP COM 53217V109 465731 8884600 SH Sole 3189731 5694869 LILLY ELI & CO COM 532457108 1980853 56322244 SH Sole 17004697 39317547 LOOPNET INC COM 543524300 491 34700 SH Sole 34700 LOWES COS INC COM 548661107 67870 2567900 SH Sole 380800 2187100 LUMINEX CORP COM 55027E102 48040 2560779 SH Sole 2045419 515360 MARKETAXESS HLDGS INC. COM 57060D108 17289 714720 SH Sole 612220 102500 MARSH & MCLENNAN COS. COM 571748102 1157602 38832670 SH Sole 14946200 23886470 MASTERCARD INC CL A COM 57636Q104 3499 13900 SH Sole 5500 8400 MATTEL INC COM 577081102 269951 10828340 SH Sole 5178490 5649850 MCDERMOTT INTL. COM 580037109 325379 12815260 SH Sole 7470160 5345100 MEDTRONIC INC COM 585055106 1729072 43940833 SH Sole 12558841 31381992 MENS WEARHOUSE COM 587118100 219 8100 SH Sole 8100 MERCURY GENERAL CORP COM 589400100 5306 135600 SH Sole 135600 MICRON TECHNOLOGY INC COM 595112103 363227 31667590 SH Sole 5089258 26578332 MICROSOFT CORP. COM 594918104 1271494 50078537 SH Sole 14582765 35495772
PRIMECAP Management Company FORM 13F MARCH 31, 2011
VOTING AUTHORITY VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ------------------------ NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ -------------- --------- -------- -------- --- ---- ------- -------- -------- ------ -------- MOMENTA PHARMACEUTICALS COM 60877T100 1189 75000 SH Sole 48400 26600 MONSANTO CO. COM 61166W101 1736615 24032873 SH Sole 6726670 17306203 MONSTER WORLDWIDE COM 611742107 7727 486000 SH Sole 420000 66000 MOTOROLA MOBILITY HLDGS INC COM 620097105 80889 3315139 SH Sole 796228 2518911 MOTOROLA SOLUTIONS INC. COM 620076307 169313 3788605 SH Sole 909766 2878839 MURPHY OIL CORP. COM 626717102 277426 3778614 SH Sole 1954014 1824600 NATIONAL OILWELL VARCO COM 637071101 513082 6472591 SH Sole 3311891 3160700 NEKTAR THERAPEUTICS COM 640268108 58033 6128100 SH Sole 4862600 1265500 NEUSTAR COM 64126X201 170152 6651761 SH Sole 3625859 3025902 NEUTRAL TANDEM COM 64128B108 265 18000 SH Sole 18000 NEWMONT MINING CO COM 651639106 103798 1901754 SH Sole 1471904 429850 NEXTERA ENERGY, INC. COM 65339F101 15772 286140 SH Sole 50000 236140 NOBLE CORP COM H5833N103 10036 220000 SH Sole 220000 NOBLE ENERGY INC. COM 655044105 836078 8650573 SH Sole 1054023 7596550 NORDSTROM INC. COM 655664100 21340 475500 SH Sole 118500 357000 NORFOLK SOUTHERN COM 655844108 139078 2007772 SH Sole 1406092 601680 NOVARTIS AG ADR COM 66987v109 1800744 33132372 SH Sole 9993057 23139315 NUANCE COMMUNICATIONS COM 67020Y100 220405 11273900 SH Sole 9633700 1640200 NUVASIVE INC. COM 670704105 11014 435000 SH Sole 300000 135000 NVIDIA CORP. COM 67066g104 721430 39080691 SH Sole 11186591 27894100 O'REILLY AUTOMOTIVE INC. NEW COM 67103H107 12268 213500 SH Sole 39000 174500 OCEANEERING INTL INC COM 675232102 289516 3236622 SH Sole 2039122 1197500 OPENTABLE COM 68372A104 298 2800 SH Sole 2800 ORACLE CORP. COM 68389X105 1839556 55027090 SH Sole 14892637 40134453 ORASURE TECHNOLOGIES COM 68554V108 16495 2098600 SH Sole 2002600 96000 PACCAR INC. COM 693718108 89523 1709750 SH Sole 898400 811350 PALL CORP COM 696429307 108099 1876400 SH Sole 254700 1621700 PEABODY ENERGY CORP COM 704549104 379934 5279800 SH Sole 5279800 PEPSICO INC COM 713448108 36443 565800 SH Sole 166100 399700 PETRO BRASIL ADR Pref A COM 71654V101 420200 11823300 SH Sole 3737000 8086300 PETROLEO BRASILEIRO ADR COM 71654V408 30118 744930 SH Sole 744930 PFIZER INC. COM 717081103 12005 591100 SH Sole 591100 PHARMACYCLICS INC. COM 716933106 19475 3306481 SH Sole 1768339 1538142 PLAINS EXP&PROD COM 726505100 197624 5454713 SH Sole 275493 5179220 PLANTRONICS INC NEW COM 727493108 179246 4894750 SH Sole 4894750 POTASH CORP SASK INC COM 73755L107 1815487 30807524 SH Sole 7573024 23234500 PRAXAIR INC. COM 74005P104 150204 1478386 SH Sole 624386 854000 PRIDE INTERNATIONAL COM 74153Q102 57475 1338176 SH Sole 703142 635034 PROCTER & GAMBLE CO. COM 742718109 118446 1922821 SH Sole 1050721 872100 PROGRESSIVE CORP. COM 743315103 86061 4072929 SH Sole 1843679 2229250 PUBLIC SVC ENTERPRISE GRP COM 744573106 82906 2631100 SH Sole 241900 2389200 QUALCOMM INCORP. COM 747525103 843159 15377689 SH Sole 3925589 11452100 QUIKSILVER COM 74838C106 38607 8734704 SH Sole 3804394 4930310 RAMBUS INC DEL COM COM 750917106 232936 11794232 SH Sole 3639373 8154859 RANGE RESOURCES COM 75281A109 106497 1821700 SH Sole 1631000 190700 REPUBLIC SVCS INC COM 760759100 6802 226435 SH Sole 226435 RESEARCH IN MOTION COM 760975102 724966 12822173 SH Sole 4086073 8736100 REX ENERGY CORP COM 761565100 6402 550000 SH Sole 520000 30000 RIGHTNOW TECHNOLOGIES COM 76657R106 14282 456000 SH Sole 260000 196000 RITCHIE BROTHERS AUCTIONEERS COM 767744105 234524 8331230 SH Sole 4095880 4235350 ROCHE HOLDING AG-CHF COM 7110388 1359011 9517215 SH Sole 1296448 8220767 ROCKWELL AUTOMATION COM 773903109 343164 3625611 SH Sole 1156911 2468700
PRIMECAP Management Company FORM 13F MARCH 31, 2011
VOTING AUTHORITY VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ------------------------ NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ -------------- --------- -------- -------- --- ---- ------- -------- -------- ------ -------- ROVI CORP. COM 779376102 16310 304000 SH Sole 304000 SANDISK CORP COM 80004C101 283316 6147018 SH Sole 3190204 2956814 SANOFI COM 80105N105 40295 1144100 SH Sole 368100 776000 SCHLUMBERGER LTD COM 806857108 940865 10088620 SH Sole 3651984 6436636 SCHWEITZER-MAUDUIT COM 808541106 16170 319500 SH Sole 298500 21000 SEATTLE GENETICS COM 812578102 122971 7897953 SH Sole 6454553 1443400 SMART BALANCE COM 83169Y108 23678 5158605 SH Sole 3413405 1745200 SMART TECHNOLOGIES INC A COM 83172R108 68475 6706646 SH Sole 1384442 5322204 SONY CORP ADR NEW COM 835699307 479217 15055502 SH Sole 3498722 11556780 SOUTHWEST AIRLS CO COM 844741108 1002922 79407935 SH Sole 23683331 55724604 SOUTHWESTERN ENERGY CO COM 845467109 50013 1163900 SH Sole 693900 470000 SPRINT NEXTEL COM 852061100 156636 33757823 SH Sole 11090523 22667300 SPX CORP. COM 784635104 43014 541800 SH Sole 2500 539300 STRATASYS INC COM 862685104 74833 1592200 SH Sole 1355800 236400 STRATTEC SEC CORP COM 863111100 11574 344661 SH Sole 126561 218100 SURMODICS INC. COM 868873100 3152 252200 SH Sole 252200 SYMANTEC COM 871503108 671070 36195813 SH Sole 10800368 25395445 TARGET CORPORATION COM 87612E106 186027 3719800 SH Sole 71100 3648700 TEXAS INSTRS. INC. COM 882508104 1941232 56169906 SH Sole 15684056 40485850 THE KNOT COM 499184109 134 11100 SH Sole 11100 THOMAS & BETTS COM 884315102 184470 3101900 SH Sole 1900 3100000 TJX COS INC NEW COM 872540109 386357 7769098 SH Sole 1769340 5999758 TRANSOCEAN LTD COM H8817H100 36636 470000 SH Sole 53000 417000 TRIMBLE NAVIGATION COM 896239100 407321 8059384 SH Sole 4847184 3212200 UNION PACIFIC CORP. COM 907818108 504474 5130413 SH Sole 1703963 3426450 UNITED CONTL HLDGS INC COM 910047109 1620 70470 SH Sole 64050 6420 UNITED PARCEL SVC INC. COM 911312106 599024 8060064 SH Sole 3092474 4967590 URBAN OUTFITTERS COM 917047102 1074 36000 SH Sole 36000 US AIRWAYS GROUP INC COM 90341W108 3754 431000 SH Sole 284000 147000 USA TRUCK INC COM 902925106 1144 88000 SH Sole 45000 43000 VERISIGN INC. COM 92343E102 8788 242687 SH Sole 213837 28850 VISA COM 92826C839 33140 450150 SH Sole 330000 120150 VITRAN CORP COM 92850E107 9505 674607 SH Sole 470000 204607 VMWARE COM 928563402 636 7800 SH Sole 7800 VULCAN MATERIALS CO. COM 929160109 355789 7802389 SH Sole 4318639 3483750 WAL-MART STORES INC. COM 931142103 20820 400000 SH Sole 400000 WATERS CORP COM 941848103 245724 2827664 SH Sole 1716270 1111394 WEBSENSE INC COM 947684106 77700 3382690 SH Sole 2835390 547300 WELLS FARGO & CO. COM 949746101 33613 1060000 SH Sole 10000 1050000 WEYERHAEUSER CO. COM 962166104 137946 5607560 SH Sole 1848173 3759387 WHIRLPOOL CP COM 963320106 947429 11099210 SH Sole 2805210 8294000 WRIGHT MEDICAL GROUP COM 98235T107 35829 2106328 SH Sole 1801828 304500 XILINX INC COM 983919101 53214 1622369 SH Sole 1084000 538369 YAHOO!INC. COM 984332106 16426 984800 SH Sole 584800 400000 ZIMMER HOLDINGS INC. COM 98956P102 22705 375100 SH Sole 358600 16500 REPORT SUMMARY 243 DATA RECORDS 70474146 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED