River Road Asset Management, LLC Q2 2018 Filing

Filed July 25, 2018

Portfolio Value

$4.8T

Holdings

165

Report Date

Q2 2018

Filing Type

13F-HR

All Holdings (165 positions)

#	Stock	Shares	Value	% Portfolio
1	USBU.S. Bancorp	2,035,410	$101.8B	2.13%
2	MPCMarathon Petroleum Corporation	1,336,653	$93.8B	1.96%
3	IRMIron Mountain, Inc.	2,665,354	$93.3B	1.95%
4	BBTUSDBB&T Corporation	1,841,025	$92.9B	1.94%
5	FASTFastenal Company	1,816,874	$87.4B	1.83%
6	PXGBXPraxair, Inc.	542,552	$85.8B	1.80%
7	DYHTarget Corporation	1,088,233	$82.8B	1.73%
8	STAYUSDExtended Stay America, Inc.	3,701,439	$80.0B	1.67%
9	PINCPremier Inc. Class A	2,160,966	$78.6B	1.65%
10	WTMWhite Mountains Insurance Grou	85,875	$77.9B	1.63%
11	GLWCorning Inc	2,710,887	$74.6B	1.56%
12	TWNKEURHostess Brands, Inc. Class A	5,463,041	$74.3B	1.56%
13	CMCSAComcast Corporation Class A	2,020,019	$66.3B	1.39%
14	KHCKraft Heinz Company	1,037,573	$65.2B	1.36%
15	KMBKimberly-Clark Corporation	612,849	$64.6B	1.35%
16	CSCOCisco Systems, Inc.	1,490,490	$64.1B	1.34%
17	WMTWalmart Inc.	746,768	$64.0B	1.34%
18	VENVentas, Inc.	1,107,952	$63.1B	1.32%
19	WFCWells Fargo & Company	1,116,997	$61.9B	1.30%
20	OMCOmnicom Group Inc	794,506	$60.6B	1.27%
21	AXSAxis Capital Holdings Limited	1,058,181	$58.9B	1.23%
22	UNPUnion Pacific Corporation	413,891	$58.6B	1.23%
23	BACVerizon Communications Inc.	1,151,206	$57.9B	1.21%
24	OPLNKAR Auction Services, Inc.	1,055,833	$57.9B	1.21%
25	XOMExxon Mobil Corporation	693,071	$57.3B	1.20%
26	AMGNAmgen Inc.	310,534	$57.3B	1.20%
27	UNFUniFirst Corporation	318,490	$56.3B	1.18%
28	QCOMQUALCOMM Incorporated	999,992	$56.1B	1.18%
29	CNKCinemark Holdings, Inc.	1,593,663	$55.9B	1.17%
30	NFGNational Fuel Gas Company	1,026,380	$54.4B	1.14%
31	IPGInterpublic Group of Companies	2,304,619	$54.0B	1.13%
32	UPSUnited Parcel Service, Inc. Cl	505,745	$53.7B	1.12%
33	ULUnilever PLC Sponsored ADR	968,404	$53.5B	1.12%
34	PEPPepsiCo, Inc.	484,276	$52.7B	1.10%
35	OXYOccidental Petroleum Corporati	611,664	$51.2B	1.07%
36	CNNECannae Holdings, Inc.	2,758,419	$51.2B	1.07%
37	RHPRyman Hospitality Properties,	593,920	$49.4B	1.03%
38	EMREmerson Electric Co.	713,550	$49.3B	1.03%
39	CARSCars.com, Inc.	1,691,840	$48.0B	1.01%
40	RPMRPM International Inc.	811,330	$47.3B	0.99%
41	AVYAUSDAvaya Holdings Corp.	2,337,113	$46.9B	0.98%
42	GEGGEO Group Inc	1,699,851	$46.8B	0.98%
43	SBCSabra Health Care REIT, Inc.	2,138,167	$46.5B	0.97%
44	—Liberty Expedia Holdings Inc C	1,049,984	$46.1B	0.97%
45	WYWeyerhaeuser Company	1,250,121	$45.6B	0.95%
46	—Nielsen Holdings Plc	1,471,110	$45.5B	0.95%
47	—GCI Liberty, Inc. Class A	984,711	$44.4B	0.93%
48	LILALiberty Latin America Ltd. Cla	2,198,959	$42.6B	0.89%
49	TRIThomson Reuters Corporation	1,016,150	$41.0B	0.86%
50	CVXChevron Corporation	318,370	$40.3B	0.84%
51	WEPMagellan Midstream Partners, L	582,093	$40.2B	0.84%
52	WBAWalgreens Boots Alliance Inc	646,087	$38.8B	0.81%
53	JCIJohnson Controls International	1,150,777	$38.5B	0.81%
54	SBUXStarbucks Corporation	786,445	$38.4B	0.80%
55	BKHBlack Hills Corporation	590,471	$36.1B	0.76%
56	PNCPNC Financial Services Group,	267,297	$36.1B	0.76%
57	DISCKUSDDiscovery, Inc. Class C	1,407,245	$35.9B	0.75%
58	SABRSabre Corp.	1,415,267	$34.9B	0.73%
59	MSIMotorola Solutions, Inc.	296,631	$34.5B	0.72%
60	AYRAircastle Limited	1,681,464	$34.5B	0.72%
61	AWIArmstrong World Industries, In	529,401	$33.5B	0.70%
62	FSC1EUROaktree Specialty Lending Corp	6,699,306	$32.0B	0.67%
63	MUSAMurphy USA, Inc.	429,142	$31.9B	0.67%
64	LBRDKLiberty Broadband Corp. Class	419,676	$31.8B	0.67%
65	INTCIntel Corporation	628,793	$31.3B	0.65%
66	LYBLyondellBasell Industries NV	283,351	$31.1B	0.65%
67	WSBCWesBanco, Inc.	691,002	$31.1B	0.65%
68	FUNCedar Fair, L.P.	488,482	$30.8B	0.64%
69	CNDTConduent, Inc.	1,691,433	$30.7B	0.64%
70	APUAmeriGas Partners, L.P.	722,664	$30.5B	0.64%
71	MDPUSDMeredith Corporation	591,107	$30.1B	0.63%
72	—Spectra Energy Partners, LP	849,146	$30.1B	0.63%
73	AWGAsbury Automotive Group, Inc.	436,900	$29.9B	0.63%
74	PIIPolaris Industries Inc.	238,392	$29.1B	0.61%
75	IMKTAIngles Markets, Incorporated C	884,552	$28.1B	0.59%
76	CSGSCSG Systems International, Inc	657,309	$26.9B	0.56%
77	BRK/BBerkshire Hathaway Inc. Class	143,508	$26.8B	0.56%
78	VLOValero Energy Corporation	226,006	$25.0B	0.52%
79	VYXNCR Corporation	824,330	$24.7B	0.52%
80	CNACNA Financial Corporation	537,995	$24.6B	0.51%
81	CASYCasey's General Stores, Inc.	232,958	$24.5B	0.51%
82	FWRDUSDForward Air Corporation	408,520	$24.1B	0.51%
83	AWNAdvance Auto Parts, Inc.	175,930	$23.9B	0.50%
84	COTYCoty Inc. Class A	1,584,154	$22.3B	0.47%
85	SL2Sleep Number Corporation	749,107	$21.7B	0.46%
86	PDCOEURPatterson Companies, Inc.	945,423	$21.4B	0.45%
87	METMetLife, Inc.	488,545	$21.3B	0.45%
88	—FGL Holdings Class A	2,297,563	$19.3B	0.40%
89	PBFPBF Energy, Inc. Class A	459,067	$19.2B	0.40%
90	TSAACI Worldwide, Inc.	766,649	$18.9B	0.40%
91	ATNIATN International, Inc.	351,323	$18.5B	0.39%
92	WKCWorld Fuel Services Corporatio	907,052	$18.5B	0.39%
93	EXPEExpedia Group, Inc.	150,768	$18.1B	0.38%
94	MPAAMotorcar Parts of America, Inc	927,266	$17.3B	0.36%
95	PS1Computer Programs and Systems,	525,072	$17.3B	0.36%
96	MSFTMicrosoft Corporation	169,458	$16.7B	0.35%
97	ATSG*Air Transport Services Group,	722,872	$16.3B	0.34%
98	BAMBrookfield Asset Management In	395,245	$16.0B	0.34%
99	—Armstrong Flooring, Inc.	1,137,758	$16.0B	0.33%
100	—Cubic Corporation	247,375	$15.9B	0.33%

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