13F filing recap · Q3 2005

What did Greenhaven Associates buy in Q3 2005?

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

Stock value

$2.70B

Positions

Estimated turnover

26.4%

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

AIGAmerican International Group, Inc.$114.28Mreported value+1.84M shares LFBLongview Fibre Company$8.42Mreported value+431.9K shares BRBurlington Resources Inc$224.0Kreported value+2.8K shares

Increased positions

TMToyota Motor Corp/$418.40Mreported value+775.2K shares+20.6%UNPUnion Pacific Corp$328.15Mreported value+160.0K shares+3.6%BNIBurlington Northern Santa Fe Corporation$195.19Mreported value+2.85M shares+689.1%AAPAdvance Auto Parts, Inc.$162.92Mreported value+1.33M shares

Reduced positions

CTXCentex Corp$496.01Mreported value-997.3K shares-11.5%APCAnadarko Petroleum Corporation$334.76Mreported value-709.9K shares-16.9%IPInternational Paper Company$37.54Mreported value-12.5K shares-1.0%BZHBeazer Homes Usa, Inc.$19.34Mreported value-6.8K shares

Exited positions

RYLCalatlantic Group Inc$1.44Mprior reported value-19.0K shares-100.0%SPPJYSappi Limited$541.0Kprior reported value-50.0K shares-100.0%