13F filing recap · Q4 2004

What did Greenhaven Associates buy in Q4 2004?

Reported stock-position changes between this filing and the previous one.

Stock value

$2.16B

Positions

Estimated turnover

37.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

TMToyota Motor Corp/$109.65Mreported value+1.34M shares WYWeyerhaeuser Company$24.52Mreported value+364.7K shares MWVMeadwestvaco Corp$24.43Mreported value+721.0K shares IPInternational Paper Company$23.94Mreported value+570.0K shares SSCCSmurfit-Stone Container Corporation$18.18Mreported value+973.0K shares TINTemple-Inland Inc$7.54Mreported value+110.3K shares

Increased positions

APCAnadarko Petroleum Corporation$272.56Mreported value+105.3K shares+2.6%UNPUnion Pacific Corp$232.31Mreported value+108.0K shares+3.2%UNMUnum Group$131.90Mreported value+143.0K shares+2.0%AAPAdvance Auto Parts, Inc.$126.62Mreported value+658.8K shares

Reduced positions

CTXCentex Corp$517.48Mreported value-385.6K shares-4.3%PHMPultegroup, Inc.$175.28Mreported value-241.5K shares-8.1%BZHBeazer Homes Usa, Inc.$76.09Mreported value-130.5K shares-20.0%LENLennar Corp /new/$70.59Mreported value-396.0K shares

Exited positions

CVXChevron Corp$88.22Mprior reported value-1.64M shares-100.0%RIGTransocean Ltd$52.59Mprior reported value-1.47M shares-100.0%DODiamond Offshore Drilling, Inc.$23.82Mprior reported value-722.2K shares-100.0%IMNYI-Many, Inc.$970.0Kprior reported value-1.00M shares