Harris Associates (Oakmark)

Q2 2021 13F · by Bill Nygren, CIO

As of: Jun 30, 2021
Filed: Aug 16, 2021
US stock: $62.8B · prev $58.5B
Positions: 136 · prev 137
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves131 since the prior filing

+6.9 pp in · −7.0 pp out

New 3 +0.28 pp
Added 51 +6.67 pp
Trimmed 73 −6.99 pp
Exited 4 0.00 pp

The book

Diversified · behaves like 45 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 26% a year, about 3.8 years per position

Low
Moderate
High

Top 5 positions22% of US stock

Positions136 in this filing · 4 exited


GOOGLAlphabet Inc. Class A	7.64%	1,965,988	$4.8B	added+45%	+2.86 pp	23 q
BACBank of America Corporation	4.25%	64,797,568	$2.7B	trimmed−6%	−0.29 pp	33 q
CHTRCharter Comm Inc Del CL A New	3.62%	3,152,631	$2.3B	added+9%	+0.56 pp	21 q
CNHCnh Industrial N.v.	3.54%	134,556,067	$2.2B	trimmed−10%	−0.42 pp	3 q
GMGeneral Motors Company	3.29%	34,883,279	$2.1B	trimmed−5%	−0.30 pp	33 q
CCitigroup Inc.	3.09%	27,388,329	$1.9B	added0%	−0.31 pp	30 q
HCAHCA Healthcare, Inc.	2.89%	8,789,096	$1.8B	trimmed−2%	+0.01 pp	22 q
KDPKeurig Dr Pepper Inc.	2.60%	46,363,431	$1.6B	added+4%	−0.01 pp	4 q
AIGAmerican International Group, Inc.	2.37%	31,208,519	$1.5B	trimmed−1%	−0.12 pp	33 q
HUMHumana Inc.	2.37%	3,362,872	$1.5B	added+10%	+0.18 pp	8 q
BKNGBooking Holdings Inc.	2.32%	667,103	$1.5B	trimmed−6%	−0.52 pp	14 q
METAMeta Platforms, Inc. Class A	2.23%	4,034,483	$1.4B	added+1%	+0.22 pp	14 q
LBTYALiberty Global Ltd. Class A	2.21%	51,144,602	$1.4B	added0%	−0.02 pp	16 q
FISVFiserv, Inc.	2.06%	12,101,183	$1.3B	added+46%	+0.38 pp	3 q
0VQJLTe Connectivity Ltd	2.02%	9,381,354	$1.3B	trimmed−3%	−0.12 pp	33 q
ALLYAlly Financial Inc.	1.92%	24,250,870	$1.2B	trimmed−4%	−0.03 pp	23 q
HLTHilton Worldwide Holdings Inc.	1.82%	9,482,392	$1.1B	trimmed−1%	−0.15 pp	14 q
CMCSAComcast Corp	1.63%	17,897,960	$1.0B	added+1%	−0.01 pp	33 q
NFLXNetFlix Inc	1.63%	1,937,531	$1.0B	added+31%	+0.31 pp	16 q
COFCapital One Financial	1.54%	6,252,506	$967M	trimmed−4%	+0.12 pp	33 q
STZConstellation Brands, Inc.	1.50%	4,036,851	$944M	added+1%	−0.06 pp	10 q
CBRECbre Group, Inc.	1.49%	10,929,455	$937M	trimmed−13%	−0.20 pp	30 q
TVGrupo Televisa S.A.	1.47%	64,718,339	$924M	trimmed−2%	+0.47 pp	23 q
BRK.BBERKSHIRE HATHAWAY Class B	1.45%	3,284,592	$913M	added+1%	+0.03 pp	7 q
SCHWThe Charles Schwab Corporation	1.44%	12,394,664	$902M	added+1%	+0.07 pp	12 q
REGNRegeneron Pharmaceuticals Inc	1.29%	1,445,053	$807M	added+40%	+0.45 pp	14 q
EOGEOG Resources, Inc.	1.26%	9,519,995	$794M	trimmed−0%	+0.08 pp	9 q
CVSCvs Health Corporation	1.14%	8,550,865	$713M	trimmed−0%	+0.04 pp	33 q
BABAAlibaba Group Holding Limited	1.12%	3,113,295	$706M	added+40%	+0.26 pp	6 q
GDGeneral Dynamics Corporation	1.10%	3,658,602	$689M	added+2%	−0.02 pp	5 q
WDAYWorkday, Inc. Class A	0.99%	2,608,093	$623M	added+12%	+0.01 pp	7 q
RYAAYRyanair Holdings plc	0.97%	5,655,907	$612M	trimmed−1%	−0.16 pp	14 q
WFCWells Fargo & Co.	0.95%	13,237,307	$600M	added+4%	+0.10 pp	33 q
LEALear Corporation	0.94%	3,351,925	$588M	trimmed−2%	−0.11 pp	33 q
ORCLOracle Corp	0.92%	7,399,096	$576M	trimmed−3%	+0.01 pp	33 q
ADPAutomatic Data Processing	0.90%	2,832,997	$563M	trimmed−3%	−0.04 pp	33 q
unresolvedGeneral Electric Co	0.90%	42,152,806	$567M	trimmed−0%	−0.05 pp	33 q
OTEXOpen Text Corp	0.88%	10,822,227	$549M	added+1%	0.00 pp	8 q
CVECenovus Energy Inc.	0.83%	54,531,807	$522M	trimmed−31%	−0.18 pp	14 q
VVISA Inc.	0.81%	2,167,652	$507M	trimmed−0%	+0.02 pp	33 q
GSGoldman Sachs Group Inc.	0.80%	1,324,028	$503M	trimmed−0%	+0.06 pp	33 q
MCOMoody's Corporation	0.74%	1,283,322	$465M	trimmed−16%	−0.04 pp	18 q
APAAPA Corporation	0.72%	20,772,857	$449M	added0%	+0.08 pp	2 q
RGAReinsurance Group of America, Incorporated	0.72%	3,961,224	$452M	added+1%	−0.13 pp	6 q
MAMastercard Incorporated	0.70%	1,206,782	$441M	trimmed−23%	−0.25 pp	33 q
THCTenet Healthcare Corporation New	0.69%	6,491,926	$435M	added+2%	+0.13 pp	33 q
DXCDXC Technology Company	0.68%	10,900,045	$424M	added+1%	+0.10 pp	15 q
EBAYeBay Inc	0.67%	5,969,224	$419M	added+33%	+0.20 pp	11 q
ITGartner, Inc.	0.67%	1,742,815	$422M	trimmed−0%	+0.13 pp	13 q
IPGThe Interpublic Group of Companies, Inc.	0.66%	12,699,992	$413M	trimmed−5%	−0.01 pp	29 q
STTState Street Corporation	0.65%	4,941,902	$407M	trimmed−0%	−0.06 pp	33 q
HWMHowmet Aerospace Inc.	0.63%	11,388,290	$393M	trimmed−29%	−0.25 pp	18 q
GOOGAlphabet Inc. Class C	0.60%	150,939	$378M	trimmed−80%	−2.02 pp	29 q
AXPAmerican Express Company	0.59%	2,233,125	$369M	added0%	+0.05 pp	6 q
JCIJohnson Controls International plc	0.54%	4,915,858	$337M	trimmed−6%	+0.01 pp	15 q
LBRDKLiberty Broadband Corporation Class C	0.51%	1,847,899	$321M	added+1%	+0.04 pp	23 q
LIVNLivaNova PLC	0.51%	3,789,321	$319M	trimmed−1%	+0.03 pp	15 q
FANGDiamondback Energy, Inc.	0.49%	3,281,294	$308M	trimmed0%	+0.08 pp	9 q
CDKCDK Global, Inc.	0.43%	5,391,671	$268M	added+3%	−0.05 pp	8 q
BNYBank of New York Mellon Corporation	0.41%	5,045,142	$258M	trimmed−0%	0.00 pp	33 q
COPConocoPhillips	0.41%	4,254,846	$259M	added+93%	+0.21 pp	2 q
KKRKKR & Co. Inc.	0.41%	4,293,433	$254M	added+2%	+0.06 pp	3 q
QSRRestaurant Brands International Inc.	0.41%	4,001,408	$258M	trimmed−0%	−0.04 pp	3 q
PMPhilip Morris International Inc.	0.40%	2,523,016	$250M	added+1%	+0.02 pp	33 q
MOAltria Group, Inc.	0.39%	5,102,835	$243M	added+67%	+0.12 pp	2 q
FLSFlowserve Corporation	0.39%	6,093,029	$246M	added+3%	0.00 pp	5 q
NOVNOV Inc.	0.39%	16,101,011	$247M	added+7%	+0.04 pp	2 q
TMUST-Mobile US, Inc.	0.38%	1,630,258	$236M	added+18%	+0.08 pp	5 q
BWABorgWarner Inc.	0.37%	4,822,124	$234M	trimmed−6%	−0.04 pp	33 q
HALHalliburton Company	0.37%	10,056,092	$232M	added+3%	+0.01 pp	11 q
CSLCarlisle Companies, Inc.	0.36%	1,181,150	$226M	added+1%	+0.03 pp	14 q
NVSTEnvista Holdings Corporation, $0.01 par value per share	0.36%	5,258,321	$227M	trimmed−40%	−0.25 pp	6 q
THOThor Industries, Inc.	0.35%	1,927,247	$218M	added+26%	0.00 pp	13 q
POSTPost Holdings, Inc.	0.34%	1,943,003	$211M	trimmed−6%	−0.03 pp	12 q
CMICummins Inc.	0.32%	819,042	$200M	trimmed−1%	−0.05 pp	33 q
SPGIS&P Global Inc.	0.32%	492,127	$202M	added+2%	+0.03 pp	10 q
ARNCArconic Corporation	0.27%	4,740,583	$169M	trimmed−1%	+0.06 pp	5 q
HHCThe Howard Hughes Corporation	0.27%	1,734,442	$169M	trimmed−1%	−0.02 pp	33 q
CRMSalesforce, Inc.	0.26%	673,420	$164M	added+24%	+0.06 pp	2 q
ALSNAllison Transmission Holdings, Inc.	0.25%	4,028,068	$160M	added×142.6	+0.25 pp	2 q
ICEIntercontinental Exchange Inc.	0.25%	1,330,627	$158M	new	+0.25 pp	new
MANManpowerGroup	0.24%	1,277,022	$152M	added0%	+0.02 pp	10 q
unresolvedGohealth Inc	0.23%	12,764,887	$143M	added×81.3	+0.23 pp	2 q
LBTYKLiberty Global Ltd. Class C	0.22%	5,075,039	$137M	trimmed−16%	−0.04 pp	16 q
unresolvedQurate Retail Inc	0.21%	10,258,739	$134M	trimmed−0%	0.00 pp	13 q
PDCEPDC Energy, Inc.	0.18%	2,532,693	$116M	trimmed−0%	+0.03 pp	16 q
CRICarter's Inc.	0.15%	891,254	$92M	trimmed−0%	+0.01 pp	33 q
SEESealed Air Corp New	0.15%	1,618,195	$96M	added+10%	+0.04 pp	5 q
CHXChampionX Corporation	0.13%	3,207,917	$82M	trimmed−13%	−0.01 pp	13 q
BLQADBlackrock Inc	0.12%	89,359	$78M	added+1%	+0.01 pp	33 q
CITCIT Group Inc.	0.11%	1,379,391	$71M	trimmed−0%	−0.01 pp	2 q
HRIHerc Holdings Inc.	0.11%	589,208	$66M	trimmed−39%	−0.06 pp	21 q
DISThe Walt Disney Company	0.08%	274,692	$48M	added+14%	0.00 pp	5 q
FCNCAFirst Citizens BancShares Inc	0.08%	57,640	$48M	trimmed−0%	0.00 pp	2 q
ZBHZimmer Biomet Holdings, Inc.	0.08%	295,033	$47M	trimmed−1%	0.00 pp	14 q
EFXEquifax, Incorporated	0.07%	190,519	$46M	added+22%	+0.02 pp	13 q
NDAQNasdaq, Inc.	0.07%	263,972	$46M	added+16%	+0.01 pp	9 q
AAPLApple Inc.	0.06%	280,960	$38M	trimmed−31%	−0.03 pp	33 q
TXNTexas Instruments Incorporated	0.06%	188,252	$36M	trimmed−38%	−0.04 pp	33 q
ALVAutoliv, Inc.	0.05%	350,480	$34M	added+3%	0.00 pp	10 q
DEODiageo plc	0.05%	169,216	$32M	trimmed−74%	−0.13 pp	33 q
GLPIGaming and Leisure Properties, Inc.	0.05%	659,396	$31M	trimmed−61%	−0.07 pp	31 q
BGBunge Global SA	0.05%	422,191	$33M	trimmed−6%	−0.01 pp	4 q
VLRSControladora Vuela Compania De Aviacion, S.a.b. De C.v.	0.04%	1,168,488	$22M	trimmed−51%	−0.02 pp	16 q
GILGildan Activewear Inc.	0.04%	614,200	$23M	trimmed−59%	−0.04 pp	7 q
ARMKAramark	0.03%	581,884	$22M	added+20%	0.00 pp	4 q
CATCaterpillar Inc.	0.03%	85,128	$19M	trimmed−95%	−0.64 pp	31 q
QRVOQorvo, Inc.	0.03%	93,676	$18M	trimmed−4%	0.00 pp	15 q
91990EURCushman & Wakefield UK Holdc	0.03%	967,185	$17M	new	+0.03 pp	new
CBChubb Limited	0.03%	134,887	$21M	trimmed−0%	−0.01 pp	4 q
DOVDover Corporation	0.02%	74,003	$11M	trimmed−25%	0.00 pp	33 q
EEFTEuronet Worldwide Inc	0.02%	94,435	$13M	trimmed−1%	0.00 pp	5 q
HIIHuntington Ingalls Industries, Inc.	0.02%	74,472	$16M	added+28%	0.00 pp	2 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.02%	24,168	$10M	trimmed−83%	−0.07 pp	33 q
LBRDALiberty Broadband Corporation Class A	0.01%	40,518	$7M	added×2.7	+0.01 pp	7 q
PINSPinterest, Inc. Class A	0.01%	101,319	$8M	trimmed−59%	−0.02 pp	7 q
WABWabtec Inc.	0.01%	55,708	$5M	trimmed−52%	−0.01 pp	10 q
WEXWEX Inc.	0.01%	17,501	$3M	trimmed−1%	0.00 pp	5 q
AONAon plc Class A	0.01%	15,508	$4M	held	—	5 q
AAgilent Technologies Inc.	0.00%	18,698	$3M	trimmed−98%	−0.24 pp	8 q
BAXBaxter International Inc.	0.00%	25,579	$2M	trimmed−11%	0.00 pp	22 q
BABoeing Company	0.00%	1,066	$255,000	held	—	2 q
CHRWC.H. Robinson Worldwide, Inc.	0.00%	5,280	$495,000	trimmed−20%	0.00 pp	21 q
KMXCarMax Inc.	0.00%	1,875	$242,000	held	—	2 q
FDXFedEx Corporation	0.00%	830	$248,000	held	—	33 q
WOOFoot Locker Inc	0.00%	4,000	$247,000	trimmed−50%	0.00 pp	33 q
ITWIllinois Tool Works Inc.	0.00%	3,100	$693,000	held	—	33 q
INTCIntel Corp	0.00%	47,350	$3M	trimmed−24%	−0.01 pp	33 q
JPMJPMorgan Chase & Co.	0.00%	5,337	$830,000	held	—	33 q
MGMMgm Resorts International	0.00%	42,600	$2M	trimmed−100%	−0.90 pp	22 q
MSFTMicrosoft Corp	0.00%	1,750	$474,000	held	—	33 q
RLRalph Lauren Corporation	0.00%	1,800	$212,000	held	—	2 q
REYNReynolds Consumer Products Inc.	0.00%	54,960	$2M	new	0.00 pp	new
TRNTrinity Industries, Inc.	0.00%	56,820	$2M	trimmed−92%	−0.04 pp	17 q
STSensata Technologies Holding plc	0.00%	12,375	$717,000	trimmed−3%	0.00 pp	2 q
WTWWillis Towers Watson Public Limited Company	0.00%	3,289	$757,000	held	—	2 q
AWIArmstrong World Industries, Inc.	—	−8,750	—	exited	0.00 pp	—
CLGXCorelogic, Inc.	—	−8,400	—	exited	0.00 pp	—
LUVSouthwest Airlines Co.	—	−8,440	—	exited	0.00 pp	—
STLAStellantis N.V.	—	−41,100	—	exited	0.00 pp	—