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
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMERICAN AIRLS GROUP INC COM 02376R102 488,930 13,355,099 SH   DFND 4 13,355,099 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 308,090 8,415,456 SH   DFND 4,8,11 8,415,456 0 0
AMERICAN EXPRESS CO COM 025816109 125,015 1,952,142 SH   DFND 4 1,952,142 0 0
AMERICAN EXPRESS CO COM 025816109 1,103,115 17,225,400 SH   DFND 4,5 17,225,400 0 0
AMERICAN EXPRESS CO COM 025816109 53,783 839,832 SH   DFND 4,7 839,832 0 0
AMERICAN EXPRESS CO COM 025816109 131,737 2,057,100 SH   DFND 4,8,11 2,057,100 0 0
AMERICAN EXPRESS CO COM 025816109 511,976 7,994,634 SH   DFND 4,10 7,994,634 0 0
AMERICAN EXPRESS CO COM 025816109 7,693,886 120,141,879 SH   DFND 4,11 120,141,879 0 0
AMERICAN EXPRESS CO COM 025816109 89,638 1,399,713 SH   DFND 4,13 1,399,713 0 0
APPLE INC COM 037833100 122,580 1,084,300 SH   DFND 4 1,084,300 0 0
APPLE INC COM 037833100 1,152,403 10,193,747 SH   DFND 4,8,11 10,193,747 0 0
APPLE INC COM 037833100 411,763 3,642,305 SH   DFND 4,10 3,642,305 0 0
APPLE INC COM 037833100 34,746 307,350 SH   DFND 4,11 307,350 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 278,203 6,975,992 SH   DFND 4 6,975,992 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 71,541 1,793,915 SH   DFND 2,4,11 1,793,915 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 245,676 6,160,384 SH   DFND 4,8,11 6,160,384 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 21,935 550,021 SH   DFND 4,5,9 550,021 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 225,577 5,656,400 SH   DFND 4,11 5,656,400 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 716,618 2,654,437 SH   DFND 4 2,654,437 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,832,841 6,789,054 SH   DFND 4,8,11 6,789,054 0 0
COCA COLA CO COM 191216100 33,856 800,000 SH   DFND 4 800,000 0 0
COCA COLA CO COM 191216100 3,397,585 80,283,200 SH   DFND 4,5 80,283,200 0 0
COCA COLA CO COM 191216100 77,192 1,824,000 SH   DFND 4,6 1,824,000 0 0
COCA COLA CO COM 191216100 609,882 14,411,200 SH   DFND 4,8,11 14,411,200 0 0
COCA COLA CO COM 191216100 773,542 18,278,400 SH   DFND 4,10 18,278,400 0 0
COCA COLA CO COM 191216100 11,844,996 279,891,200 SH   DFND 4,11 279,891,200 0 0
COCA COLA CO COM 191216100 150,321 3,552,000 SH   DFND 4,12 3,552,000 0 0
COCA COLA CO COM 191216100 40,627 960,000 SH   DFND 4,13 960,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 660,881 4,333,363 SH   DFND 4,11 4,333,363 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,324,841 20,052,088 SH   DFND 4 20,052,088 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 1,223,186 18,513,482 SH   DFND 4,8,11 18,513,482 0 0
DEERE & CO COM 244199105 197,369 2,312,467 SH   DFND 4,8,11 2,312,467 0 0
DEERE & CO COM 244199105 10,256 120,165 SH   DFND 4,10 120,165 0 0
DEERE & CO COM 244199105 1,505,997 17,644,955 SH   DFND 4,11 17,709,394 0 0
DEERE & CO COM 244199105 85,988 1,007,474 SH   DFND 4,12 1,007,474 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 249,303 6,333,923 SH   DFND 4,8,11 6,333,923 0 0
GENERAL ELECTRIC CO COM 369604103 17,443 588,900 SH   DFND 4 588,900 0 0
GENERAL ELECTRIC CO COM 369604103 15,862 535,532 SH   DFND 4,5 535,532 0 0
GENERAL ELECTRIC CO COM 369604103 148,050 4,998,302 SH   DFND 4,8,11 4,998,302 0 0
GENERAL ELECTRIC CO COM 369604103 1,057 35,702 SH   DFND 4,10 35,702 0 0
GENERAL ELECTRIC CO COM 369604103 125,842 4,248,556 SH   DFND 4,11 4,248,556 0 0
GENERAL ELECTRIC CO COM 369604103 5,287 178,510 SH   DFND 4,12 178,510 0 0
GENERAL MTRS CO COM 37045V100 491,573 15,472,853 SH   DFND 4 15,472,853 0 0
GENERAL MTRS CO COM 37045V100 790,667 24,887,209 SH   DFND 4,8,11 24,887,209 0 0
GENERAL MTRS CO COM 37045V100 266,942 8,402,338 SH   DFND 4,10 8,402,338 0 0
GENERAL MTRS CO COM 37045V100 39,319 1,237,600 SH   DFND 4,11 1,237,600 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 705,712 4,375,968 SH   DFND 4,8,11 4,375,968 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,061,729 6,583,551 SH   DFND 4,11 6,583,551 0 0
GRAHAM HLDGS CO COM 384637104 23,185 48,165 SH   DFND 4,10 0 0 48,165
GRAHAM HLDGS CO COM 384637104 28,598 59,410 SH   DFND 4,11 0 0 59,410
INTERNATIONAL BUSINESS MACHS COM 459200101 13,420 84,480 SH   DFND 4 84,480 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 44,160 278,000 SH   DFND 1,2,4,11 278,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 114,577 721,288 SH   DFND 4,5 721,288 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 80,823 508,800 SH   DFND 4,8,11 508,800 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 133,926 843,100 SH   DFND 4,10 843,100 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 12,485,258 78,597,782 SH   DFND 4,11 78,597,782 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 31,588 198,853 SH   DFND 4,12 198,853 0 0
JOHNSON & JOHNSON COM 478160104 38,640 327,100 SH   DFND 4 327,100 0 0
KINDER MORGAN INC DEL COM 49456B101 462,600 20,000,000 SH   DFND 4 20,000,000 0 0
KRAFT HEINZ CO COM 500754106 29,147,573 325,634,818 SH   DFND 4 325,634,818 0 0
LEE ENTERPRISES INC COM 523768109 333 88,863 SH   DFND 4,5 88,863 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 66,771 1,965,000 SH   DFND 4 1,965,000 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 239,212 7,039,780 SH   DFND 4,8,11 7,039,780 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 31,717 933,391 SH   DFND 4,10 933,391 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 4,099 120,629 SH   DFND 4,11 120,629 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 131,943 3,949,206 SH   DFND 4 3,949,206 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 586,938 17,567,720 SH   DFND 4,8,11 17,567,720 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 16,994 508,654 SH   DFND 4,10 508,654 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 7,034 210,529 SH   DFND 4,11 210,529 0 0
LIBERTY MEDIA CORP DELAWARE COM C MEDIA GRP 531229854 89,740 3,189,041 SH   DFND 4,8,11 3,189,041 0 0
LIBERTY MEDIA CORP DELAWARE COM A MEDIA GRP 531229870 37,131 1,296,013 SH   DFND 4,8,11 1,296,013 0 0
M & T BK CORP COM 55261F104 63,391 546,000 SH   DFND 4,8,11 546,000 0 0
M & T BK CORP COM 55261F104 19,133 164,795 SH   DFND 4,10 164,795 0 0
M & T BK CORP COM 55261F104 542,332 4,671,245 SH   DFND 4,11 4,671,245 0 0
MASTERCARD INC CL A 57636Q104 502,210 4,934,756 SH   DFND 4,8,11 4,934,756 0 0
MONDELEZ INTL INC CL A 609207105 25,374 578,000 SH   DFND 4 578,000 0 0
MOODYS CORP COM 615369105 1,296,537 11,973,928 SH   DFND 4,8,11 11,973,928 0 0
MOODYS CORP COM 615369105 1,374,707 12,695,850 SH   DFND 4,11 12,695,850 0 0
NOW INC COM 67011P100 14,137 659,694 SH   DFND 4 659,694 0 0
NOW INC COM 67011P100 24,985 1,165,875 SH   DFND 4,8,11 1,165,875 0 0
PHILLIPS 66 COM 718546104 491,516 6,102,000 SH   DFND 4 6,102,000 0 0
PHILLIPS 66 COM 718546104 62,990 782,000 SH   DFND 1,2,4,11 782,000 0 0
PHILLIPS 66 COM 718546104 419,907 5,213,000 SH   DFND 4,5 5,213,000 0 0
PHILLIPS 66 COM 718546104 93,680 1,163,000 SH   DFND 4,10 1,163,000 0 0
PHILLIPS 66 COM 718546104 5,329,502 66,163,892 SH   DFND 4,11 66,163,892 0 0
PHILLIPS 66 COM 718546104 101,976 1,266,000 SH   DFND 4,12 1,266,000 0 0
PROCTER & GAMBLE CO COM 742718109 28,307 315,400 SH   DFND 4 315,400 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 376,176 8,438,225 SH   DFND 4,11 8,438,225 0 0
SANOFI SPONSORED ADR 80105N105 16,093 421,400 SH   DFND 4,8,11 421,400 0 0
SANOFI SPONSORED ADR 80105N105 19,467 509,742 SH   DFND 4,5,9 509,742 0 0
SANOFI SPONSORED ADR 80105N105 6,466 169,300 SH   DFND 4,10 169,300 0 0
SANOFI SPONSORED ADR 80105N105 107,139 2,805,433 SH   DFND 4,11 2,805,433 0 0
TORCHMARK CORP COM 891027104 11,148 174,489 SH   DFND 2,4,11 174,489 0 0
TORCHMARK CORP COM 891027104 64,650 1,011,888 SH   DFND 4,5 1,011,888 0 0
TORCHMARK CORP COM 891027104 91,958 1,439,325 SH   DFND 4,10 1,439,325 0 0
TORCHMARK CORP COM 891027104 238,184 3,728,025 SH   DFND 4,11 3,728,025 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 112,208 4,632,867 SH   DFND 4 4,632,867 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 104,606 4,319,002 SH   DFND 4,8,11 4,319,002 0 0
US BANCORP DEL COM NEW 902973304 25,317 590,275 SH   DFND 4 590,275 0 0
US BANCORP DEL COM NEW 902973304 131,672 3,070,000 SH   DFND 1,2,4,11 3,070,000 0 0
US BANCORP DEL COM NEW 902973304 1,022,124 23,831,300 SH   DFND 4,5 23,831,300 0 0
US BANCORP DEL COM NEW 902973304 50,396 1,175,000 SH   DFND 4,6 1,175,000 0 0
US BANCORP DEL COM NEW 902973304 543,815 12,679,300 SH   DFND 4,8,11 12,679,300 0 0
US BANCORP DEL COM NEW 902973304 180,344 4,204,800 SH   DFND 4,5,9 4,204,800 0 0
US BANCORP DEL COM NEW 902973304 130,815 3,050,000 SH   DFND 4,10 3,050,000 0 0
US BANCORP DEL COM NEW 902973304 1,489,033 34,717,492 SH   DFND 4,11 34,717,492 0 0
US BANCORP DEL COM NEW 902973304 74,843 1,745,000 SH   DFND 4,14 1,745,000 0 0
U S G CORP COM NEW 903293405 362,807 14,035,088 SH   DFND 2,4,11 14,035,088 0 0
U S G CORP COM NEW 903293405 645,395 24,966,928 SH   DFND 4,11 24,966,928 0 0
UNITED CONTL HLDGS INC COM 910047109 237,847 4,533,013 SH   DFND 4,8,11 4,533,013 0 0
UNITED PARCEL SERVICE INC CL B 911312106 6,496 59,400 SH   DFND 4 59,400 0 0
VERISIGN INC COM 92343E102 394,898 5,047,264 SH   DFND 4 5,047,264 0 0
VERISIGN INC COM 92343E102 618,525 7,905,481 SH   DFND 4,8,11 7,905,481 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 701,087 13,487,628 SH   DFND 4 13,487,628 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 78,661 1,513,300 SH   DFND 4,8,11 1,513,300 0 0
VERISK ANALYTICS INC CL A 92345Y106 127,076 1,563,434 SH   DFND 4,8,11 1,563,434 0 0
VISA INC COM CL A 92826C839 26,737 323,300 SH   DFND 4 323,300 0 0
VISA INC COM CL A 92826C839 846,779 10,239,160 SH   DFND 4,8,11 10,239,160 0 0
WABCO HLDGS INC COM 92927K102 195,919 1,725,701 SH   DFND 4 1,725,701 0 0
WABCO HLDGS INC COM 92927K102 186,495 1,642,693 SH   DFND 4,8,11 1,642,693 0 0
WAL MART STORES INC COM 931142103 68,226 946,000 SH   DFND 4,8,11 946,000 0 0
WAL MART STORES INC COM 931142103 867,284 12,025,574 SH   DFND 4,11 12,025,574 0 0
WELLS FARGO & CO NEW COM 949746101 331,014 7,475,470 SH   DFND 4 7,475,470 0 0
WELLS FARGO & CO NEW COM 949746101 728,406 16,450,000 SH   DFND 1,2,4,11 16,450,000 0 0
WELLS FARGO & CO NEW COM 949746101 234,839 5,303,500 SH   DFND 2,4,11 5,303,500 0 0
WELLS FARGO & CO NEW COM 949746101 301,673 6,812,857 SH   DFND 3,4,5 6,812,857 0 0
WELLS FARGO & CO NEW COM 949746101 3,323,117 75,047,819 SH   DFND 4,5 75,047,819 0 0
WELLS FARGO & CO NEW COM 949746101 36,310 820,000 SH   DFND 4,6 820,000 0 0
WELLS FARGO & CO NEW COM 949746101 75,276 1,700,000 SH   DFND 4,7 1,700,000 0 0
WELLS FARGO & CO NEW COM 949746101 1,605,380 36,255,200 SH   DFND 4,8,11 36,255,200 0 0
WELLS FARGO & CO NEW COM 949746101 454,623 10,267,000 SH   DFND 4,5,9 10,267,000 0 0
WELLS FARGO & CO NEW COM 949746101 2,535,131 57,252,270 SH   DFND 4,10 57,252,270 0 0
WELLS FARGO & CO NEW COM 949746101 11,284,618 254,846,834 SH   DFND 4,11 254,846,834 0 0
WELLS FARGO & CO NEW COM 949746101 123,453 2,788,000 SH   DFND 4,12 2,788,000 0 0
WELLS FARGO & CO NEW COM 949746101 71,278 1,609,720 SH   DFND 4,13 1,609,720 0 0
WELLS FARGO & CO NEW COM 949746101 136,188 3,075,600 SH   DFND 4,14 3,075,600 0 0
AXALTA COATING SYS LTD COM G0750C108 93,969 3,324,000 SH   DFND 4 3,324,000 0 0
AXALTA COATING SYS LTD COM G0750C108 565,400 20,000,000 SH   DFND 4,8,11 20,000,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 286,394 8,379,000 SH   DFND 4 8,379,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 403,389 11,801,897 SH   DFND 4,8,11 11,801,897 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 242,744 7,346,968 SH   DFND 4,8,11 7,346,968 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 30,064 1,089,669 SH   DFND 4 1,089,669 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 44,839 1,625,185 SH   DFND 4,8,11 1,625,185 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 36,017 1,284,020 SH   DFND 4,8,11 1,284,020 0 0