13F filing recap · Q2 2011

What did Greenhaven Associates buy in Q2 2011?

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

Stock value

$3.28B

Positions

Estimated turnover

25.4%

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

LOWLowe’s Companies, Inc.$144.80Mreported value+6.21M shares WHRWhirlpool Corp /de/$62.06Mreported value+763.2K shares

Increased positions

FDXFedex Corporation$385.56Mreported value+94.1K shares+2.4%MMM3m Company$348.35Mreported value+39.2K shares+1.1%APDAir Products and Chemicals, Inc.$315.40Mreported value+451.7K shares+15.9%IBMInternational Business Machines Corp$288.78Mreported value+54.8K shares

Reduced positions

DVNDevon Energy Corp/de$303.03Mreported value-89.3K shares-2.3%BKRBaker Hughes Co$126.52Mreported value-1.94M shares-52.7%PXPraxair, Inc.$77.06Mreported value-9.3K shares-1.3%AAgilent Technologies, Inc.$56.53Mreported value-2.20M shares

Exited positions

PLLPall Corporation$44.92Mprior reported value-779.7K shares-100.0%