| Quarter Ending 6/30/2011 | Back to the Enlightened American Website | ||||||||
| David Winters (Wintergreen Fund) | |||||||||
| ***** NEW POSITIONS TAKEN | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| ***** SOLD OFF | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| N/A | N/A | BARRICK GOLD CORP | 1,212,000 | $51.98 | $62,994,000 | ||||
| N/A | N/A | POTASH CORP OF SASKATCHEWAN IN | 60,000 | $58.98 | $3,539,000 | ||||
| ***** HOLD POSITIONS | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| 0.00% | 6.47% | ACTIVISION BLIZZARD INC | 1,409,541 | 1,409,541 | $11.68 | $10.97 | $16,463,000 | $15,463,000 | |
| 0.00% | 20.80% | COCA COLA FEMSA SAB DE C V | 186,230 | 186,230 | $93.01 | $76.99 | $17,321,000 | $14,338,000 | |
| 0.00% | -11.73% | CONSOLIDATED TOMOKA LAND CO | 1,543,075 | 1,543,075 | $28.60 | $32.40 | $44,132,000 | $49,996,000 | |
| 0.00% | -2.66% | GENERAL DYNAMICS CORPORATION | 365,831 | 365,831 | $74.52 | $76.56 | $27,262,000 | $28,008,000 | |
| 0.00% | 8.17% | NORFOLK SOUTHERN CORP | 124,500 | 124,500 | $74.93 | $69.27 | $9,329,000 | $8,624,000 | |
| 0.00% | 0.11% | PHILIP MORRIS INTL INC | 689,372 | 689,372 | $65.70 | $65.63 | $45,295,000 | $45,243,000 | |
| ***** AUGMENTED POSITIONS | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| 1.05% | -7.46% | 8,450 | BERKSHIRE HATHAWAY INC DEL | 811,223 | 802,773 | $77.39 | $83.63 | $62,781,000 | $67,136,000 |
| 3.11% | -15.22% | 67,400 | CANADIAN NATURAL RESOURCE LTD | 2,237,334 | 2,169,934 | $41.92 | $49.45 | $93,790,000 | $107,299,000 |
| 393.33% | -13.63% | 29,500 | GOOGLE INC | 37,000 | 7,500 | $506.38 | $586.27 | $18,736,000 | $4,397,000 |
| 348.30% | 19.71% | 113,198 | MASTERCARD INC | 145,698 | 32,500 | $301.34 | $251.72 | $43,905,000 | $8,181,000 |
| ***** REDUCED POSITIONS | |||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value |
| -5.25% | 1.41% | -18,900 | COCA COLA COMPANY | 340,912 | 359,812 | $67.29 | $66.35 | $22,940,000 | $23,874,000 |
| -1.52% | 4.96% | -7,700 | FRANKLIN RESOURCES INC | 500,444 | 508,144 | $131.29 | $125.08 | $65,703,000 | $63,559,000 |
| -10.07% | -16.02% | -14,326 | GOLDMAN SACHS GROUP INC | 128,003 | 142,329 | $133.09 | $158.47 | $17,036,000 | $22,555,000 |
| -2.09% | 10.82% | -3,250 | MCDONALDS CORP | 152,500 | 155,750 | $84.32 | $76.09 | $12,859,000 | $11,851,000 |
| -2.14% | 4.28% | -26,750 | REYNOLDS AMERICAN INC | 1,224,280 | 1,251,030 | $37.05 | $35.53 | $45,360,000 | $44,449,000 |
| -11.52% | 12.81% | -9,721 | WYNN RESORTS LTD | 74,674 | 84,395 | $143.54 | $127.25 | $10,719,000 | $10,739,000 |
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