13F filing recap · Q3 2008

What did Southeastern Asset Management buy in Q3 2008?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Southeastern account, including accounts that belong to no fund below.

Stock value

$27.76B

Positions

Estimated turnover

17.0%

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

MARMarriott International Inc /md/$352.95Mreported value+13.53M shares WENThe Wendy'S Company$124.05Mreported value+23.58M shares TWTCTw Telecom Inc$123.31Mreported value+11.87M shares SKSSaks Incorporated$88.02Mreported value+9.52M shares DISCADiscovery, Inc.$25.36Mreported value+1.78M shares DISCKDiscovery, Inc.$25.20Mreported value+1.78M shares

Increased positions

FWONALiberty Ventures Series A$2.43Breported value+1.58M shares+1.6%DELLDell Technologies Inc.$2.43Breported value+9.34M shares+6.8%CHKChesapeake Energy Corporation$1.47Breported value+5.20M shares+14.5%QRTEALiberty Ventures Series A$1.40Breported value+4.33M shares

Reduced positions

DISWalt Disney Co/$1.42Breported value-579.0K shares-1.2%DTVDirectv Group Inc$1.28Breported value-1.05M shares-2.1%LVLTLevel 3 Communications Inc$1.22Breported value-768.2K shares-0.2%PXDPioneer Natural Resources Co$1.20Breported value-133.0K shares

Exited positions

GMGeneral Motors Corp$513.56Mprior reported value-44.66M shares-100.0%ODPThe Odp Corporation$161.43Mprior reported value-14.76M shares-100.0%WENWendy'S International Inc$151.04Mprior reported value-5.55M shares-100.0%ORHOdyssey Re Holdings Corp.$87.47Mprior reported value