The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number:3235-0006
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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AT&T INCCOM00206R102415,18712,743,618SH DFND412,743,61800
AT&T INCCOM00206R1021,063,32432,637,320SH DFND4,8,1132,637,32000
AT&T INCCOM00206R102426,96313,105,079SH DFND4,1013,105,07900
AT&T INCCOM00206R10227,196834,739SH DFND4,11834,73900
AMERICAN EXPRESS COCOM025816109144,7121,952,142SH DFND41,952,14200
AMERICAN EXPRESS COCOM0258161091,276,91917,225,400SH DFND4,517,225,40000
AMERICAN EXPRESS COCOM02581610962,257839,832SH DFND4,7839,83200
AMERICAN EXPRESS COCOM025816109144,0421,943,100SH DFND4,8,111,943,10000
AMERICAN EXPRESS COCOM025816109592,6427,994,634SH DFND4,107,994,63400
AMERICAN EXPRESS COCOM0258161098,914,568120,255,879SH DFND4,11120,255,87900
AMERICAN EXPRESS COCOM025816109103,7611,399,713SH DFND4,131,399,71300
BANK OF NEW YORK MELLON CORPCOM064058100260,9936,666,492SH DFND46,666,49200
BANK OF NEW YORK MELLON CORPCOM06405810070,2321,793,915SH DFND2,4,111,793,91500
BANK OF NEW YORK MELLON CORPCOM064058100213,1875,445,384SH DFND4,8,115,445,38400
BANK OF NEW YORK MELLON CORPCOM06405810021,533550,021SH DFND4,5,9550,02100
BANK OF NEW YORK MELLON CORPCOM064058100221,4485,656,400SH DFND4,115,656,40000
CHARTER COMMUNICATIONS INC DCL A NEW16117M305495,6242,818,446SH DFND42,818,44600
CHARTER COMMUNICATIONS INC DCL A NEW16117M3051,312,3967,463,157SH DFND4,8,117,463,15700
CHICAGO BRIDGE & IRON CO N VN Y REGISTRY SH16725010978,6531,983,190SH DFND4,8,111,983,19000
COCA COLA COCOM19121610032,096800,000SH DFND4800,00000
COCA COLA COCOM1912161003,220,96280,283,200SH DFND4,580,283,20000
COCA COLA COCOM19121610073,1791,824,000SH DFND4,61,824,00000
COCA COLA COCOM191216100578,17714,411,200SH DFND4,8,1114,411,20000
COCA COLA COCOM191216100733,32918,278,400SH DFND4,1018,278,40000
COCA COLA COCOM19121610011,229,235279,891,200SH DFND4,11279,891,20000
COCA COLA COCOM191216100142,5063,552,000SH DFND4,123,552,00000
COCA COLA COCOM19121610038,515960,000SH DFND4,13960,00000
COSTCO WHSL CORP NEWCOM22160K105626,4744,333,363SH DFND4,114,333,36300
DAVITA HEALTHCARE PARTNERS ICOM23918K1081,450,36820,052,088SH DFND420,052,08800
DAVITA HEALTHCARE PARTNERS ICOM23918K1081,339,08018,513,482SH DFND4,8,1118,513,48200
DEERE & COCOM24419910553,258719,700SH DFND4719,70000
DEERE & COCOM244199105171,1232,312,467SH DFND4,8,112,312,46700
DEERE & COCOM2441991051,037,47614,019,943SH DFND4,1114,019,94300
GENERAL ELECTRIC COCOM36960410314,852588,900SH DFND4588,90000
GENERAL ELECTRIC COCOM36960410313,506535,532SH DFND4,5535,53200
GENERAL ELECTRIC COCOM369604103126,0574,998,302SH DFND4,8,114,998,30200
GENERAL ELECTRIC COCOM36960410390035,702SH DFND4,1035,70200
GENERAL ELECTRIC COCOM369604103107,1494,248,556SH DFND4,114,248,55600
GENERAL ELECTRIC COCOM3696041034,502178,510SH DFND4,12178,51000
GENERAL MTRS COCOM37045V100416,19313,863,853SH DFND413,863,85300
GENERAL MTRS COCOM37045V100747,11424,887,209SH DFND4,8,1124,887,20900
GENERAL MTRS COCOM37045V100300,54010,011,338SH DFND4,1010,011,33800
GENERAL MTRS COCOM37045V10037,1531,237,600SH DFND4,111,237,60000
GOLDMAN SACHS GROUP INCCOM38141G104760,3684,375,968SH DFND4,8,114,375,96800
GOLDMAN SACHS GROUP INCCOM38141G1041,143,9586,583,551SH DFND4,116,583,55100
GRAHAM HLDGS COCOM38463710427,79148,165SH DFND4,100048,165
GRAHAM HLDGS COCOM38463710434,28059,410SH DFND4,110059,410
INTERNATIONAL BUSINESS MACHSCOM45920010112,24784,480SH DFND484,48000
INTERNATIONAL BUSINESS MACHSCOM45920010140,302278,000SH DFND1,2,4,11278,00000
INTERNATIONAL BUSINESS MACHSCOM459200101104,565721,288SH DFND4,5721,28800
INTERNATIONAL BUSINESS MACHSCOM45920010168,832474,800SH DFND4,8,11474,80000
INTERNATIONAL BUSINESS MACHSCOM459200101122,224843,100SH DFND4,10843,10000
INTERNATIONAL BUSINESS MACHSCOM45920010111,399,24978,631,782SH DFND4,1178,631,78200
JOHNSON & JOHNSONCOM47816010430,535327,100SH DFND4327,10000
KRAFT HEINZ COCOM50075410622,983,305325,634,818SH DFND4325,634,81800
LEE ENTERPRISES INCCOM52376810918588,863SH DFND4,588,86300
LIBERTY MEDIA CORP DELAWARECL A53122910270,1901,965,000SH DFND41,965,00000
LIBERTY MEDIA CORP DELAWARECL A531229102170,7774,780,980SH DFND4,8,114,780,98000
LIBERTY MEDIA CORP DELAWARECL A53122910233,341933,391SH DFND4,10933,39100
LIBERTY MEDIA CORP DELAWARECL A5312291024,309120,629SH DFND4,11120,62900
LIBERTY MEDIA CORP DELAWARECOM SER C531229300108,0323,135,000SH DFND43,135,00000
LIBERTY MEDIA CORP DELAWARECOM SER C531229300397,39511,532,074SH DFND4,8,1111,532,07400
LIBERTY MEDIA CORP DELAWARECOM SER C53122930017,528508,654SH DFND4,10508,65400
LIBERTY MEDIA CORP DELAWARECOM SER C5312293007,255210,529SH DFND4,11210,52900
M & T BK CORPCOM55261F10466,585546,000SH DFND4,8,11546,00000
M & T BK CORPCOM55261F10420,097164,795SH DFND4,10164,79500
M & T BK CORPCOM55261F104569,6584,671,245SH DFND4,114,671,24500
MASTERCARD INCCL A57636Q104471,3065,229,756SH DFND4,8,115,229,75600
MEDIA GEN INC NEWCOM58441K10048,5643,471,309SH DFND43,471,30900
MONDELEZ INTL INCCL A60920710524,201578,000SH DFND4578,00000
MOODYS CORPCOM6153691051,175,84011,973,928SH DFND4,8,1111,973,92800
MOODYS CORPCOM6153691051,246,73212,695,850SH DFND4,1112,695,85000
NOW INCCOM67011P1009,763659,694SH DFND4659,69400
NOW INCCOM67011P10017,2551,165,875SH DFND4,8,111,165,87500
PHILLIPS 66COM718546104468,8786,102,000SH DFND46,102,00000
PHILLIPS 66COM7185461049,374122,000SH DFND4,5122,00000
PHILLIPS 66COM7185461044,149,12453,996,926SH DFND4,1153,996,92600
PHILLIPS 66COM71854610497,2791,266,000SH DFND4,121,266,00000
PRECISION CASTPARTS CORPCOM740189105345,8701,505,683SH DFND41,505,68300
PRECISION CASTPARTS CORPCOM740189105619,0932,695,109SH DFND4,8,112,695,10900
PROCTER & GAMBLE COCOM74271810922,690315,400SH DFND4315,40000
PROCTER & GAMBLE COCOM7427181091,458,94320,280,000SH DFND4,520,280,00000
PROCTER & GAMBLE COCOM742718109112,2261,560,000SH DFND4,61,560,00000
PROCTER & GAMBLE COCOM742718109448,9066,240,000SH DFND4,8,116,240,00000
PROCTER & GAMBLE COCOM742718109448,9066,240,000SH DFND4,106,240,00000
PROCTER & GAMBLE COCOM7427181091,250,15017,377,678SH DFND4,1117,377,67800
PROCTER & GAMBLE COCOM74271810956,113780,000SH DFND4,12780,00000
RESTAURANT BRANDS INTL INCCOM76131D103303,1018,438,225SH DFND4,118,438,22500
SANOFISPONSORED ADR80105N10520,004421,400SH DFND4,8,11421,40000
SANOFISPONSORED ADR80105N10524,197509,742SH DFND4,5,9509,74200
SANOFISPONSORED ADR80105N1058,037169,300SH DFND4,10169,30000
SANOFISPONSORED ADR80105N105133,1742,805,433SH DFND4,112,805,43300
SUNCOR ENERGY INC NEWCOM867224107233,0158,720,619SH DFND48,720,61900
SUNCOR ENERGY INC NEWCOM867224107478,18217,896,025SH DFND4,8,1117,896,02500
SUNCOR ENERGY INC NEWCOM86722410790,4033,383,356SH DFND4,103,383,35600
TORCHMARK CORPCOM8910271049,841174,489SH DFND2,4,11174,48900
TORCHMARK CORPCOM89102710457,0701,011,888SH DFND4,51,011,88800
TORCHMARK CORPCOM89102710481,1781,439,325SH DFND4,101,439,32500
TORCHMARK CORPCOM891027104210,2613,728,025SH DFND4,113,728,02500
TWENTY FIRST CENTY FOX INCCL A90130A101124,9954,632,867SH DFND44,632,86700
TWENTY FIRST CENTY FOX INCCL A90130A101116,5274,319,002SH DFND4,8,114,319,00200
US BANCORP DELCOM NEW90297330424,207590,275SH DFND4590,27500
US BANCORP DELCOM NEW902973304125,9013,070,000SH DFND1,2,4,113,070,00000
US BANCORP DELCOM NEW902973304977,32223,831,300SH DFND4,523,831,30000
US BANCORP DELCOM NEW90297330448,1871,175,000SH DFND4,61,175,00000
US BANCORP DELCOM NEW902973304519,97812,679,300SH DFND4,8,1112,679,30000
US BANCORP DELCOM NEW902973304172,4394,204,800SH DFND4,5,94,204,80000
US BANCORP DELCOM NEW902973304125,0813,050,000SH DFND4,103,050,00000
US BANCORP DELCOM NEW9029733041,423,76434,717,492SH DFND4,1134,717,49200
US BANCORP DELCOM NEW90297330471,5621,745,000SH DFND4,141,745,00000
U S G CORPCOM NEW903293405373,61414,035,088SH DFND2,4,1114,035,08800
U S G CORPCOM NEW903293405664,62024,966,928SH DFND4,1124,966,92800
UNITED PARCEL SERVICE INCCL B9113121065,86259,400SH DFND459,40000
VERISIGN INCCOM92343E102356,1355,047,264SH DFND45,047,26400
VERISIGN INCCOM92343E102560,0877,937,736SH DFND4,8,117,937,73600
VERIZON COMMUNICATIONS INCCOM92343V104586,84713,487,628SH DFND413,487,62800
VERIZON COMMUNICATIONS INCCOM92343V10465,8441,513,300SH DFND4,8,111,513,30000
VERISK ANALYTICS INCCL A92345Y106115,5531,563,434SH DFND4,8,111,563,43400
VISA INCCOM CL A92826C839688,6009,885,160SH DFND4,8,119,885,16000
WABCO HLDGS INCCOM92927K102200,9061,916,496SH DFND41,916,49600
WABCO HLDGS INCCOM92927K102172,2041,642,693SH DFND4,8,111,642,69300
WAL MART STORES INCCOM93114210318,804290,000SH DFND4290,00000
WAL MART STORES INCCOM931142103110,8761,710,000SH DFND1,2,4,111,710,00000
WAL MART STORES INCCOM9311421031,91329,500SH DFND2,4,1129,50000
WAL MART STORES INCCOM931142103100,4921,549,840SH DFND4,51,549,84000
WAL MART STORES INCCOM93114210316,599256,000SH DFND4,6256,00000
WAL MART STORES INCCOM93114210361,339946,000SH DFND4,8,11946,00000
WAL MART STORES INCCOM931142103115,9991,789,000SH DFND4,5,91,789,00000
WAL MART STORES INCCOM931142103297,4864,588,000SH DFND4,104,588,00000
WAL MART STORES INCCOM9311421032,851,72543,980,953SH DFND4,1143,980,95300
WAL MART STORES INCCOM93114210334,689535,000SH DFND4,12535,00000
WAL MART STORES INCCOM93114210333,133511,000SH DFND4,14511,00000
WELLS FARGO & CO NEWCOM949746101313,2086,099,470SH DFND46,099,47000
WELLS FARGO & CO NEWCOM949746101844,70816,450,000SH DFND1,2,4,1116,450,00000
WELLS FARGO & CO NEWCOM949746101272,3355,303,500SH DFND2,4,115,303,50000
WELLS FARGO & CO NEWCOM949746101349,8406,812,857SH DFND3,4,56,812,85700
WELLS FARGO & CO NEWCOM9497461013,843,74474,853,819SH DFND4,574,853,81900
WELLS FARGO & CO NEWCOM94974610142,107820,000SH DFND4,6820,00000
WELLS FARGO & CO NEWCOM94974610187,2951,700,000SH DFND4,71,700,00000
WELLS FARGO & CO NEWCOM9497461011,852,15336,069,200SH DFND4,8,1136,069,20000
WELLS FARGO & CO NEWCOM949746101527,21010,267,000SH DFND4,5,910,267,00000
WELLS FARGO & CO NEWCOM9497461012,876,53856,018,270SH DFND4,1056,018,27000
WELLS FARGO & CO NEWCOM94974610112,811,852249,500,523SH DFND4,11249,500,52300
WELLS FARGO & CO NEWCOM949746101143,1642,788,000SH DFND4,122,788,00000
WELLS FARGO & CO NEWCOM94974610182,6591,609,720SH DFND4,131,609,72000
WELLS FARGO & CO NEWCOM949746101102,7002,000,000SH DFND4,142,000,00000
AXALTA COATING SYS LTDCOMG0750C10881,0753,199,474SH DFND43,199,47400
AXALTA COATING SYS LTDCOMG0750C108506,80020,000,000SH DFND4,8,1120,000,00000
LIBERTY GLOBAL PLCSHS CL AG5480U104148,4453,457,025SH DFND43,457,02500
LIBERTY GLOBAL PLCSHS CL AG5480U104365,0018,500,260SH DFND4,8,118,500,26000
LIBERTY GLOBAL PLCSHS CL CG5480U120301,3737,346,968SH DFND4,8,117,346,96800
LIBERTY GLOBAL PLCLILAC SHS CL AG5480U1384,912145,801SH DFND4145,80100
LIBERTY GLOBAL PLCLILAC SHS CL AG5480U13812,510371,338SH DFND4,8,11371,33800
LIBERTY GLOBAL PLCLILAC SHS CL CG5480U15312,578367,348SH DFND4,8,11367,34800