#	Holding	Value	% Port.	Δ Shares	Change (QoQ)
1	Wells Fargo & Co	$116770320	45.50%	—	Held
2	Bank Of America Corp	$113960000	44.40%	—	Held
3	Alibaba Group Holding Ltd	$18716100	7.29%	—	Held
4	Us Bancorp	$7217800	2.81%	—	Held

Holdings disclosed quarterly to the SEC on Form 13-F and may be up to 45 days old. Values as reported. For research only — not investment advice.