13F filing recap · Q1 2005

What did Greenhaven Associates buy in Q1 2005?

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

Stock value

$2.28B

Positions

Estimated turnover

22.3%

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.

Increased positions

APCAnadarko Petroleum Corporation$320.08Mreported value+500 shares+0.0%UNPUnion Pacific Corp$293.63Mreported value+758.3K shares+22.0%TMToyota Motor Corp/$190.06Mreported value+1.22M shares+90.8%AAPAdvance Auto Parts, Inc.$146.39Mreported value+3.0K shares+0.1%WYWeyerhaeuser Company$132.42Mreported value+1.57M shares+430.1%UNMUnum Group$125.56Mreported value+25.0K shares+0.3%IPInternational Paper Company$44.55Mreported value+641.0K shares+112.5%CAACalatlantic Group, Inc.$38.96Mreported value+288.0K shares+114.4%SSCCSmurfit-Stone Container Corporation$15.09Mreported value+2.7K shares+0.3%

Reduced positions

CTXCentex Corp$496.58Mreported value-14.7K shares-0.2%PHMPultegroup, Inc.$188.74Mreported value-184.1K shares-6.7%EDSElectronic Data Systems Corp$77.87Mreported value-136.0K shares-3.5%LENLennar Corp /new/$63.14Mreported value-131.5K shares

Exited positions

MWVMeadwestvaco Corp$24.43Mprior reported value-721.0K shares-100.0%DHID.r. Horton, Inc.$17.59Mprior reported value-436.4K shares-100.0%TINTemple-Inland Inc$7.54Mprior reported value-110.3K shares-100.0%RDS.BShell Plc$3.73Mprior reported value-65.0K shares