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Institutional Investment Manager
International Value Advisers, LLC
International Value Advisers, LLC (CIK: 0001456417). Institutional holdings reported to the SEC.

Institutional Holdings (2017Q1)
Portfolio Summary: 31 holdings with a total value of $3,143,200,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 NORTEL INVERSOVA SA SPONS ADR REP PFD SER B 52,903 1,375,000 0.04%
2 PHOENIX NEW MEDIA LTD 4,106,709 14,332,000 0.46%
3 COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 663,810 16,774,000 0.53%
4 ALPHABET INC 23,333 19,782,000 0.63%
5 GOLDMAN SACHS GROUP INC 109,267 25,101,000 0.80%
6 CIMAREX ENERGY 242,613 28,990,000 0.92%
7 FLOWSERVE CORP 767,191 37,147,000 1.18%
8 NEWS CORPORATION NEW CLASS B 3,515,150 47,455,000 1.51%
9 EMERSON ELEC CO 912,755 54,638,000 1.74%
10 MARSH & MCLENNAN COS INC 748,331 55,294,000 1.76%
11 BAIDU INC 322,530 55,643,000 1.77%
12 ALPHABET INC 73,821 61,239,000 1.95%
13 TIFFANY & CO NEW 709,274 67,594,000 2.15%
14 AON PLC 574,652 68,205,000 2.17%
15 BERKSHIRE HATHAWAY INC DEL 472,307 78,724,000 2.50%
16 UNITED TECHNOLOGIES CORP 711,185 79,802,000 2.54%
17 TERADATA CORP DEL 2,590,378 80,613,000 2.56%
18 RALPH LAUREN CORP 1,015,293 82,868,000 2.64%
19 LIBERTY MEDIA HOLDING CP INTER A 4,166,754 83,418,000 2.65%
20 NET 1 UEPS TECHNOLOGIES INC 7,126,957 87,163,000 2.77%
21 AMDOCS LTD 1,530,951 93,373,000 2.97%
22 EXPEDITORS INTL WASH INC 1,674,707 94,604,000 3.01%
23 AMERICAN EXPRESS CO 1,218,938 96,430,000 3.07%
24 DEVRY EDUCATION 4,012,115 142,229,000 4.52%
25 BANK AMER CORP 7,060,846 166,565,000 5.30%
26 CVS HEALTH CORP 2,282,335 179,163,000 5.70%
27 NEWS CORP CL A 13,891,034 180,583,000 5.75%
28 MASTERCARD INCORPORATED 1,654,454 186,076,000 5.92%
29 ISHARES GOLD TRUST 19,444,102 233,524,000 7.43%
30 ORACLE CORP 5,313,591 237,039,000 7.54%
31 BERKSHIRE HATHAWAY INC DEL 1,951 487,457,000 15.51%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000949377-17-000161, filed 2017.05.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.