13F filing recap · Q1 2011

What did Greenhaven Associates buy in Q1 2011?

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

Stock value

$3.22B

Positions

Estimated turnover

25.2%

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

TELTe Connectivity Plc$108.38Mreported value+1.95M shares

Increased positions

FDXFedex Corporation$371.47Mreported value+417.7K shares+11.8%MMM3m Company$339.73Mreported value+383.8K shares+11.8%IBMInternational Business Machines Corp$265.57Mreported value+239.2K shares+17.2%BDXBecton Dickinson & Co$264.85Mreported value+293.6K shares

Reduced positions

DVNDevon Energy Corp/de$361.06Mreported value-325.8K shares-7.6%BKRBaker Hughes Co$270.77Mreported value-22.3K shares-0.6%AAgilent Technologies, Inc.$148.13Mreported value-2.42M shares-42.3%EMREmerson Electric Co.$74.79Mreported value-17.3K shares

Exited positions

TELTe Connectivity Plc$51.09Mprior reported value-1.44M shares-100.0%