ALLEGHANY CORP DEL COM 017175100 59111 145100 SH SOLE 145100 0 0 ARROW ELECTRS INC COM 042735100 17493 294700 SH SOLE 294700 0 0 BANK OF AMERICA CORP COM 060505104 61883 3597847 SH SOLE 3597847 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 19783 158300 SH SOLE 158300 0 0 BANK NEW YORK MELLON CORP COM 064058100 60138 1704121 SH SOLE 1704121 0 0 CITIGROUP INC COM NEW 172967424 62109 1304810 SH SOLE 1304810 0 0 CNA FINL CORP COM 126117100 36269 849000 SH SOLE 849000 0 0 CORNING INC COM 219350105 64879 3116200 SH SOLE 3116200 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 69301 422953 SH SOLE 422953 0 0 HEWLETT PACKARD CO COM 428236103 19568 604686 SH SOLE 604686 0 0 INGRAM MICRO INC CL A 457153104 34168 1155900 SH SOLE 1155900 0 0 KT CORP SPONSORED ADR 48268K101 22082 1589800 SH SOLE 1589800 0 0 LOCKHEED MARTIN CORP COM 539830109 28828 176600 SH SOLE 176600 0 0 LOEWS CORP COM 540524108 22695 515200 SH SOLE 515200 0 0 MICROSOFT CORP COM 594918104 70349 1716256 SH SOLE 1716256 0 0 MORGAN STANLEY COM NEW 617446448 65817 2111541 SH SOLE 2111541 0 0 NABORS INDUSTRIES LTD SHS G6359F103 63156 2562100 SH SOLE 2562100 0 0 NORTHROP GRUMMAN CORP COM 666807102 31709 257000 SH SOLE 257000 0 0 PATTERSON UTI ENERGY INC COM 703481101 10464 330301 SH SOLE 330301 0 0 POSCO SPONSORED ADR 693483109 37100 534500 SH SOLE 534500 0 0 SK TELECOM LTD SPONSORED ADR 78440P108 28459 1260900 SH SOLE 1260900 0 0 SUNTRUST BKS INC COM 867914103 38027 955700 SH SOLE 955700 0 0 THOMSON REUTERS CORP COM 884903105 9367 273600 SH SOLE 273600 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 18538 388810 SH SOLE 388810 0 0