13F filing recap · Q3 2016

What did Greenhaven Associates buy in Q3 2016?

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

Stock value

$5.24B

Positions

Estimated turnover

7.5%

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

AMTDTD Ameritrade Holding Corp$241.0Kreported value+6.8K shares

Increased positions

CCitigroup Inc$532.28Mreported value+631.0K shares+5.9%EADSYAirbus SE$520.73Mreported value+791.4K shares+2.3%BAThe Boeing Company$227.69Mreported value+410.7K shares+31.2%LENLennar Corp /new/$214.20Mreported value+261.9K shares

Reduced positions

FDXFedex Corporation$787.38Mreported value-264.0K shares-5.5%GSThe Goldman Sachs Group, Inc.$604.08Mreported value-1.9K shares-0.1%LOWLowe’s Companies, Inc.$550.36Mreported value-691.5K shares-8.3%JPMJPMorgan Chase & Co$518.65Mreported value-392.6K shares

Exited positions

MASMasco Corporation$58.52Mprior reported value-1.89M shares-100.0%