Portfolio activities (most recent first), listing the top 10 portfolio changes having the largest percentage impact on the portfolio.

Portfolio ManagerFirmPeriodTop 10 Buys/Sells
Robert E. Torray Torray Q2 2010OCBAX
Christopher Davis, Kenneth Feinberg Clipper Q2 2010BRK.AMSFTTXNAXPCIOXYCVSHOGDEO
Ronald H. Muhlenkamp Muhlenkamp Q2 2010LMTAFLSTTESIATKKCIADSHRSFLPS
Harry Burn Sound Shore Q2 2010QCOMIGTVNEMINTUSUNUNHVLOTWXHES
Richard T. Cunniff Sequoia Q2 2010VRXBRK.AMLMIBMGSQNTQFGOOGIDXXCNQJNJ
Richard F. Aster Meridian Value Q2 2010BAXCOVKMISCSTAPGWWADBERIGLKQXMON
Bill Nasgovitz Heartland Select Value Q2 2010MROESVBAXALLHRLAPCSTXSYKAASAWLF
Bill Nygren, Henry Berghoef Oakmark Select Q2 2010CPNDTVYUMEBAYDELLJPMDISCKBBYMDTNFX
William V. Fries, Connor Browne Thornburg Value Q2 2010TMETRINGDTVGEESVHIGOGZPYGILDADBE
Michael Larson Bill & Melinda Gates Foundation Trust Q2 2010BRK.BECLGSXTOXOMMONMTBKOF
Stephen Mandel Lone Pine Capital Q2 2010WFCCCIBAXBACMCDPCLNUPSMONCVSKO
Eddie Lampert RBS Partners Q2 2010AZOSHLDANCOFCITCGNWACXMWFCSLM
David Einhorn Greenlight Capital Q2 2010ESVNCRMSFTURSFBCAAPLBDXADPPFETDC
Warren Buffett Berkshire Hathaway Q2 2010JNJCOPFISVPGKFTMTBBDXNLCIRMSNY
Bill Ackman Pershing Square Capital Management Q2 2010CYUMADPKFTTGT
Glenn Greenberg Brave Warrior Capital Q2 2010VARGOOGFISVMABRPCPDELLRNRVACGL
Michael F Price MFP Investors Q2 2010KFTTRCCCEACLTRASYAMHPGSGGPHEOP
Seth Klarman Baupost Group Q2 2010NWSADTVFACTUFSVSATENZNADCTVOXXEXXIBBEP
David Tepper Appaloosa Management Q2 2010MCFMRKPFEETFCFITBBACWFCCOFSTI
Prem Watsa Fairfax Financial Holdings Q2 2010GEZNTSDINTCKFTRECOMSDELLEDSO
Mason Hawkins Longleaf Partners Q2 2010NPPKFANKMARCPBDTVBKPHGFFLDISVZ
David Carr, Larry Coats RS Capital Appreciation Fund Q2 2010DEOMONQCOMMAVMCATVIMDTAFLESITEVA
David Winters Wintergreen Advisers Q2 2010CNQGSPMCHKGDFMX
Mohnish Pabrai Pabrai Investments Q2 2010BRK.BFFHATSGHNRIBKRPOTLUKTCKICOCSE
Ian Cumming Leucadia National Q2 2010ENWVSMCG
Thomas S. Gayner Markel Asset Management Q2 2010WTMXOMBUDCTASSCHWADPHCCIMMMMCDITC
Wallace R. Weitz Weitz Value Q2 2010BRK.BLCAPAAOCACNTXNGOOGLMTCOPMONDTV
Thomas Russo Gardner Russo & Gardner Q2 2010MABUDCMCSKMLMSNIPMUNWFCWPOMO
Arnold Van Den Berg Century Management Advisers Q2 2010VZAXPEXCETHDDMSFTCPYNWSAWMTUNH
Bruce Berkowitz Fairholme Q2 2010AIGGSFSUMFHTZACFMBIBACSPRMSCIT
David A. Katz Matrix Advisors Value Q2 2010WMTADMNVLSTDWDNBGENZSTTCCLIBMCVX
Tweedy Browne Team Tweedy Browne Value Q2 2010CMCSKBAXKOOQFRHHVFGSKANATTOTPMKRNNFCNPAF
John A. Gunn Dodge & Cox Q2 2010UNHSNYGSNOKHITSYMCCTXSCATPFESCHW
Richard Pzena Hancock Classic Value Q2 2010MGAMASFOHDGSLHPNCPPGBPCAH
Bill Miller Legg Mason Value Trust Q2 2010RIGGOOGSTTGENZCAPOLGILDSPRUNUE
Robert Hagstrom Legg Mason Growth Trust Q2 2010JNJSYKNOKABTAGNMCDKAFLYUMPRU
Robert L. Rodriguez FPA Capital Q2 2010BJSBHICHRSWDCROSESIG
William B. Frels Mairs & Power Growth Q2 2010TTCWFCMMMWUVALJNJEMRBAXPFEPNR
Mark Hillman Hillman Focused Q2 2010MKCWUGRSBUXDDGLWBAIR
John W. Rogers Ariel Appreciation Q2 2010MKLSTZMATEFXDVLAZLHAXECYNJNS
Charles K. Bobrinskoy Ariel Focus Q2 2010BRK.BGSBAXHEWJNJMRKXOMIBMJPMMS
Donald Yacktman Yacktman Focused Q2 2010PFECLXPEPKONWSAMSFTBCREBAYUSBWMT
Robert Zagunis, Robert Millen Jensen Q2 2010ADBETROWMDTORCLABTMSFTPGPEPUTXEFX
Whitney R. Tilson Tilson Focus Q1 2010BUDBRK.BIRDMTWOGGPMSFTPFEHUNPHNXC
Jean-Marie Eveillard First Eagle U.S. Value Q1 2010FEVMCAYECOPBRK.AVIA.BNWSAUSMOWYY
Robert A. Olstein Olstein Value Q1 2010BSXCFNFNFRTMSPBIPLLPWRMOTTER