The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 12-31-2016
Check here if Amendment X Amendment Number: 3
This Amendment (Check only one.): X is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Sanders Capital, LLC
Address: 777 S. FLAGLER DRIVE
PHILLIPS POINT EAST TOWER, SUITE 1100
WEST PALM BEACH , FL33401
Form 13F File Number: 028-14100

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Kurt Wiesenmaier
Title: Compliance Officer
Phone: 9147158339
Signature, Place, and Date of Signing:
Kurt Wiesenmaier Pelham , NY 05-25-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 42
Form 13F Information Table Value Total: 14,501,319
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109 39,033 623,333 SH SOLE 49,256 0 574,077
ALPHABET INC CAP STK CL C 02079K107 700,599 874,809 SH SOLE 421,286 0 453,523
ANTHEM INC COM 036752103 386,092 2,576,254 SH SOLE 1,221,286 0 1,354,968
APPLE INC COM 037833100 944,465 7,915,825 SH SOLE 3,252,308 0 4,663,517
BANK AMER CORP COM 060505104 876,588 38,245,650 SH SOLE 17,666,650 0 20,579,000
BARCLAYS PLC ADR 06738E204 5,683 516,647 SH SOLE 516,647 0 0
BED BATH & BEYOND INC COM 075896100 72,095 1,713,864 SH SOLE 641,682 0 1,072,182
BP PLC SPONSORED ADR 055622104 118,541 3,171,239 SH SOLE 223,069 0 2,948,170
CABOT OIL & GAS CORP COM 127097103 463,885 19,173,268 SH SOLE 8,534,299 0 10,638,969
CALATLANTIC GROUP INC COM 128195104 133,654 3,806,119 SH SOLE 1,938,160 0 1,867,959
CIGNA CORPORATION COM 125509109 586,199 4,267,081 SH SOLE 1,678,468 0 2,588,613
CITIGROUP INC COM NEW 172967424 1,004,601 16,377,613 SH SOLE 6,816,113 0 9,561,500
D R HORTON INC COM 23331A109 606,894 21,532,052 SH SOLE 9,001,352 0 12,530,700
DELPHI AUTOMOTIVE PLC SHS G27823106 386,054 5,516,251 SH SOLE 2,444,828 0 3,071,423
EBAY INC COM 278642103 82,522 2,669,700 SH SOLE 1,214,300 0 1,455,400
FIFTH THIRD BANCORP COM 316773100 373,063 13,540,938 SH SOLE 3,978,938 0 9,562,000
GENERAL ELECTRIC CO COM 369604103 157,475 4,777,318 SH SOLE 1,977,801 0 2,799,517
GENUINE PARTS CO COM 372460105 96,174 1,006,639 SH SOLE 92,758 0 913,881
GOLDMAN SACHS GROUP INC COM 38141G104 205,793 839,095 SH SOLE 256,995 0 582,100
HONDA MOTOR LTD AMERN SHS 438128308 5,064 173,501 SH SOLE 173,501 0 0
INTEL CORP COM 458140100 540,757 14,420,074 SH SOLE 6,334,831 0 8,085,243
JOHNSON & JOHNSON COM 478160104 510,405 4,277,932 SH SOLE 2,060,032 0 2,217,900
JPMORGAN CHASE & CO COM 46625H100 764,372 8,528,571 SH SOLE 4,021,971 0 4,506,600
LENNAR CORP CL A 526057104 380,743 8,614,020 SH SOLE 3,528,492 0 5,085,528
LINCOLN NATL CORP IND COM 534187109 49,214 742,628 SH SOLE 82,967 0 659,661
MEDTRONIC PLC SHS G5960L103 338,101 4,584,501 SH SOLE 2,178,501 0 2,406,000
MERCK & CO INC COM 58933Y105 679,717 11,228,369 SH SOLE 4,553,169 0 6,675,200
MERITAGE HOMES CORP COM 59001A102 121,510 3,348,219 SH SOLE 1,513,011 0 1,835,208
METLIFE INC COM 59156R108 79,067 1,467,200 SH SOLE 169,200 0 1,298,000
MICROSOFT CORP COM 594918104 750,600 11,645,396 SH SOLE 5,341,896 0 6,303,500
OMNICOM GROUP INC COM 681919106 219,638 2,580,642 SH SOLE 246,142 0 2,334,500
PFIZER INC COM 717081103 505,482 15,003,741 SH SOLE 7,307,341 0 7,696,400
PRUDENTIAL FINL INC COM 744320102 30,772 295,716 SH SOLE 37,802 0 257,914
RANGE RES CORP COM 75281A109 532,801 15,052,557 SH SOLE 6,213,333 0 8,839,224
RAYTHEON CO COM NEW 755111507 158,708 1,119,091 SH SOLE 110,908 0 1,008,183
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 7,193 200,994 SH SOLE 200,994 0 0
SPDR S&P 500 ETF TR TR U NIT 78462F103 25,556 114,330 SH SOLE 18,818 0 95,512
STANLEY BLACK & DECKER INC COM 854502101 67,453 570,989 SH SOLE 228,989 0 342,000
SYNCHRONY FINL COM 87165B103 97,723 2,594,862 SH SOLE 1,130,176 0 1,464,686
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 902,319 30,420,496 SH SOLE 12,890,577 0 17,529,919
UNITEDHEALTH GROUP INC COM 91324P102 482,453 2,915,293 SH SOLE 1,203,693 0 1,711,600
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 12,261 263,036 SH SOLE 236,399 0 26,637