13F filing recap · Q3 2011

What did Southeastern Asset Management buy in Q3 2011?

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

$21.07B

Positions

Estimated turnover

21.3%

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

IHGIntercontinental Hotels Group Plc$181.46Mreported value+11.28M shares WENWendy'S Co$140.40Mreported value+30.59M shares SKSSaks Incorporated$119.11Mreported value+13.61M shares KWKQuicksilver Resources Inc.$113.55Mreported value+14.98M shares SNIScripps Networks Interactive, Inc.$107.76Mreported value+2.90M shares IRIngersoll Rand Inc.$93.04Mreported value+3.31M shares BRK.BBerkshire Hathaway Inc$9.11Mreported value+128.2K shares MURMurphy Oil Corporation$6.08Mreported value+137.7K shares

Increased positions

CHKChesapeake Energy Corporation$2.25Breported value+978.8K shares+1.1%LLoews Corp$1.32Breported value+5.43M shares+16.5%DISWalt Disney Co/$1.01Breported value+7.55M shares+29.0%AONAon Plc$969.11Mreported value+808.4K shares

Reduced positions

DELLDell Technologies Inc.$2.07Breported value-3.25M shares-2.2%DTVDirectv$1.45Breported value-2.26M shares-6.2%YUMYum! Brands, Inc.$922.17Mreported value-7.61M shares-29.0%QRTEALiberty Ventures Series A$817.46Mreported value-2.56M shares

Exited positions

CPBThe Campbell'S Company$636.26Mprior reported value-18.42M shares-100.0%WENThe Wendy'S Company$150.60Mprior reported value-29.70M shares-100.0%EXPEExpedia Group, Inc.$123.58Mprior reported value-4.26M shares-100.0%RDKRuddick Corp.$93.03Mprior reported value-2.14M shares