Harris Associates (Oakmark)

Q2 2024 13F · by Bill Nygren, CIO

As of: Jun 30, 2024
Filed: Aug 14, 2024
US stock: $59.1B · prev $61.8B
Positions: 132 · prev 133
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%

Moves130 since the prior filing

+5.6 pp in · −5.6 pp out

New 5 +0.90 pp
Added 57 +4.71 pp
Trimmed 62 −5.56 pp
Exited 6 −0.01 pp

The book

Diversified · behaves like 46 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 32% a year, about 3.1 years per position

Low
Moderate
High

Top 5 positions20% of US stock

Positions132 in this filing · 6 exited


GOOGLAlphabet Inc. Class A	5.62%	18,223,963	$3.3B	trimmed−8%	+0.80 pp	35 q
IQVIQVIA Holdings Inc.	3.82%	10,671,294	$2.3B	added+5%	−0.33 pp	5 q
FISVFiserv, Inc.	3.73%	14,791,323	$2.2B	added+3%	+0.03 pp	15 q
COFCapital One Financial	3.56%	15,180,437	$2.1B	trimmed−6%	−0.31 pp	45 q
ICEIntercontinental Exchange Inc.	3.46%	14,923,498	$2.0B	trimmed−1%	+0.10 pp	13 q
CHTRCharter Comm Inc Del CL A New	3.19%	6,310,987	$1.9B	added+1%	+0.25 pp	33 q
SCHWThe Charles Schwab Corporation	2.86%	22,925,061	$1.7B	added+1%	+0.20 pp	24 q
CNCCentene Corporation	2.79%	24,893,358	$1.7B	added+47%	+0.63 pp	4 q
BACBank of America Corporation	2.76%	41,010,905	$1.6B	trimmed−17%	−0.28 pp	45 q
DEDeere & Company	2.76%	4,364,846	$1.6B	added+36%	+0.62 pp	2 q
GMGeneral Motors Company	2.70%	34,363,632	$1.6B	trimmed−3%	+0.10 pp	45 q
AIGAmerican International Group, Inc.	2.66%	21,188,289	$1.6B	trimmed−2%	−0.08 pp	45 q
COPConocoPhillips	2.64%	13,619,413	$1.6B	added0%	−0.15 pp	14 q
CNHCnh Industrial N.v.	2.58%	150,583,757	$1.5B	added+5%	−0.44 pp	15 q
CBRECbre Group, Inc.	2.41%	15,957,556	$1.4B	added+5%	+0.03 pp	42 q
CRMSalesforce, Inc.	2.18%	5,009,693	$1.3B	added+61%	+0.66 pp	14 q
WFCWells Fargo & Co.	2.15%	21,386,721	$1.3B	trimmed−6%	+0.02 pp	45 q
KRThe Kroger Co.	2.04%	24,080,268	$1.2B	trimmed−1%	−0.21 pp	6 q
PSXPhillips 66	2.02%	8,446,771	$1.2B	added+12%	+0.03 pp	4 q
FCNCAFirst Citizens BancShares Inc	1.93%	676,052	$1.1B	added+31%	+0.57 pp	14 q
WTWWillis Towers Watson Public Limited Company	1.73%	3,895,800	$1.0B	trimmed−2%	−0.04 pp	14 q
CCitigroup Inc.	1.71%	15,944,106	$1.0B	added+13%	+0.27 pp	42 q
EOGEOG Resources, Inc.	1.45%	6,807,248	$857M	trimmed−16%	−0.23 pp	21 q
CMCSAComcast Corp	1.43%	21,517,728	$843M	added+4%	−0.02 pp	45 q
ALLYAlly Financial Inc.	1.39%	20,650,428	$819M	trimmed−2%	+0.01 pp	35 q
AMZNAmazon.Com Inc	1.36%	4,150,502	$802M	trimmed−17%	−0.09 pp	11 q
WBDWarner Bros. Discovery, Inc. Series A	1.32%	104,530,647	$778M	added+1%	−0.15 pp	8 q
CTVACorteva, Inc.	1.29%	14,161,392	$764M	added+11%	+0.10 pp	4 q
CRBGCorebridge Financial, Inc.	1.15%	23,369,127	$681M	added+61%	+0.48 pp	6 q
APAAPA Corporation	1.03%	20,620,768	$607M	added+7%	−0.05 pp	14 q
0VQJLTe Connectivity Ltd	1.02%	4,000,464	$602M	trimmed−6%	+0.02 pp	45 q
BNYBank of New York Mellon Corporation	0.99%	9,781,070	$586M	added+6%	+0.13 pp	45 q
PAYCPaycom Software, Inc.	0.98%	4,027,183	$576M	added+19%	−0.11 pp	3 q
BLQADBlackrock Inc	0.97%	726,912	$572M	trimmed−1%	−0.02 pp	45 q
DALDelta Air Lines, Inc.	0.94%	11,713,545	$556M	added+79%	+0.43 pp	2 q
EFXEquifax, Incorporated	0.94%	2,290,220	$555M	added×6.1	+0.78 pp	25 q
KVUEKenvue Inc.	0.90%	29,273,397	$532M	added+66%	+0.29 pp	2 q
RYAAYRyanair Holdings plc	0.90%	4,568,021	$532M	added+23%	+0.03 pp	26 q
STTState Street Corporation	0.90%	7,224,001	$535M	added+7%	+0.06 pp	45 q
MOAltria Group, Inc.	0.88%	11,440,069	$521M	added+5%	+0.11 pp	14 q
LADLithia Motors, Inc.	0.86%	2,017,367	$509M	trimmed−2%	−0.14 pp	10 q
CSCOCisco Systems, Inc. (DE)	0.84%	10,447,953	$496M	added0%	0.00 pp	4 q
MASMasco Corporation	0.79%	6,997,662	$467M	trimmed−9%	−0.19 pp	9 q
IPGThe Interpublic Group of Companies, Inc.	0.78%	15,779,137	$459M	trimmed−4%	−0.09 pp	41 q
RGAReinsurance Group of America, Incorporated	0.77%	2,219,875	$456M	trimmed−6%	+0.04 pp	18 q
NDAQNasdaq, Inc.	0.76%	7,499,932	$452M	new	+0.76 pp	new
TFCTruist Financial Corporation	0.70%	10,682,202	$415M	added+2%	+0.04 pp	6 q
OTEXOpen Text Corp	0.66%	12,889,742	$387M	added+28%	+0.03 pp	20 q
FBINFortune Brands Innovations, Inc.	0.62%	5,684,908	$369M	added+30%	+0.02 pp	8 q
LBRDKLiberty Broadband Corporation Class C	0.62%	6,704,090	$368M	added+37%	+0.17 pp	35 q
BAXBaxter International Inc.	0.58%	10,328,934	$346M	added+4%	−0.11 pp	34 q
BWABorgWarner Inc.	0.58%	10,623,235	$342M	added0%	−0.02 pp	45 q
GSGoldman Sachs Group Inc.	0.57%	739,203	$334M	trimmed−33%	−0.18 pp	45 q
ORCLOracle Corp	0.55%	2,288,368	$323M	trimmed−53%	−0.44 pp	45 q
GOOGAlphabet Inc. Class C	0.51%	1,650,780	$303M	trimmed−6%	+0.08 pp	41 q
MGAMagna International	0.50%	7,111,364	$298M	added+10%	−0.07 pp	7 q
CVSCvs Health Corporation	0.47%	4,728,403	$279M	added+9%	−0.09 pp	45 q
GPNGlobal Payments, Inc.	0.47%	2,879,922	$278M	added+29%	−0.01 pp	11 q
CECelanese Corporation	0.45%	1,959,170	$264M	added+8%	−0.05 pp	5 q
EBAYeBay Inc	0.42%	4,667,099	$251M	added0%	+0.02 pp	23 q
THOThor Industries, Inc.	0.42%	2,663,834	$249M	added+4%	−0.07 pp	25 q
AAgilent Technologies Inc.	0.41%	1,888,858	$245M	trimmed−13%	−0.10 pp	3 q
VVISA Inc.	0.39%	887,889	$233M	trimmed−0%	−0.01 pp	45 q
AXPAmerican Express Company	0.37%	931,742	$216M	trimmed−77%	−1.10 pp	18 q
LBTYALiberty Global Ltd. Class A	0.36%	12,352,538	$215M	trimmed−10%	−0.02 pp	28 q
SEESealed Air Corp New	0.34%	5,768,578	$201M	added+4%	+0.01 pp	17 q
NVSTEnvista Holdings Corporation, $0.01 par value per share	0.30%	10,777,541	$179M	added+10%	−0.04 pp	18 q
WENThe Wendy's Company	0.27%	9,491,889	$161M	added+10%	+0.01 pp	11 q
ETSYEtsy, Inc.	0.25%	2,460,076	$145M	added×131.7	+0.25 pp	2 q
MTNVail Resorts, Inc.	0.23%	739,858	$133M	added+6%	−0.02 pp	6 q
DISThe Walt Disney Company	0.22%	1,312,941	$130M	trimmed−43%	−0.24 pp	17 q
MCOMoody's Corporation	0.22%	305,453	$129M	trimmed−60%	−0.27 pp	30 q
WMGWarner Music Group Corp. Class A	0.22%	4,166,637	$128M	added+47%	+0.07 pp	12 q
HHHHoward Hughes Holdings Inc.	0.21%	1,955,002	$127M	added+3%	−0.01 pp	4 q
KKRKKR & Co. Inc.	0.21%	1,179,942	$124M	trimmed−89%	−1.53 pp	15 q
HCAHCA Healthcare, Inc.	0.20%	372,013	$120M	trimmed−32%	−0.10 pp	34 q
BCBrunswick Corporation	0.18%	1,477,118	$107M	trimmed−0%	−0.05 pp	4 q
ABMABM Industries, Inc.	0.17%	1,989,326	$101M	added+97%	+0.10 pp	9 q
CRICarter's Inc.	0.14%	1,315,915	$82M	trimmed−0%	−0.04 pp	45 q
HLTHilton Worldwide Holdings Inc.	0.13%	339,724	$74M	trimmed−53%	−0.12 pp	26 q
LEALear Corporation	0.12%	621,431	$71M	trimmed−11%	−0.04 pp	45 q
OPLNOPENLANE, Inc	0.11%	3,862,701	$64M	added0%	0.00 pp	12 q
MAMastercard Incorporated	0.10%	134,730	$59M	trimmed−5%	−0.01 pp	45 q
GEHCGE HealthCare Technologies Inc.	0.08%	573,200	$45M	new	+0.08 pp	new
ACVAACV Auctions Inc.	0.07%	2,267,250	$41M	added0%	0.00 pp	11 q
KDPKeurig Dr Pepper Inc.	0.06%	1,067,370	$36M	new	+0.06 pp	new
ALSNAllison Transmission Holdings, Inc.	0.05%	422,232	$32M	trimmed−2%	−0.01 pp	14 q
AAPLApple Inc.	0.05%	127,663	$27M	trimmed−2%	+0.01 pp	45 q
CIGIColliers International Group Inc. Subordinate Voting Shares	0.05%	254,140	$28M	added+23%	+0.01 pp	6 q
91990EURCushman & Wakefield UK Holdc	0.05%	3,051,425	$32M	trimmed−1%	0.00 pp	13 q
ALVAutoliv, Inc.	0.04%	225,790	$24M	added+1%	0.00 pp	22 q
GILGildan Activewear Inc.	0.04%	614,700	$23M	added+6%	+0.01 pp	19 q
GRFSGrifois, S.A.	0.04%	3,857,700	$24M	held	—	10 q
BRK.BBERKSHIRE HATHAWAY Class B	0.03%	43,313	$18M	trimmed−6%	0.00 pp	19 q
DHRDanaher Corporation	0.03%	72,208	$18M	trimmed−96%	−0.67 pp	5 q
METAMeta Platforms, Inc. Class A	0.03%	31,920	$16M	trimmed−57%	−0.03 pp	26 q
SPNNSapiens International Corp	0.03%	556,600	$19M	held	—	5 q
CSLCarlisle Companies, Inc.	0.02%	26,848	$11M	trimmed−70%	−0.04 pp	26 q
CCKCrown Holdings Inc.	0.02%	174,661	$13M	added+49%	+0.01 pp	6 q
MANManpowerGroup	0.02%	163,338	$11M	trimmed−12%	0.00 pp	22 q
TXNTexas Instruments Incorporated	0.02%	49,550	$10M	trimmed−6%	+0.01 pp	45 q
WDAYWorkday, Inc. Class A	0.01%	29,172	$7M	trimmed−1%	0.00 pp	19 q
JCIJohnson Controls International plc	0.01%	88,927	$6M	trimmed−65%	−0.02 pp	27 q
ABBVAbbvie Inc.	0.00%	1,493	$256,079	added+7%	0.00 pp	5 q
ADPAutomatic Data Processing	0.00%	2,605	$621,787	trimmed−28%	0.00 pp	45 q
BKNGBooking Holdings Inc.	0.00%	172	$681,378	trimmed−77%	0.00 pp	26 q
CATCaterpillar Inc.	0.00%	1,800	$599,580	held	—	43 q
CVXChevron Corporation	0.00%	1,886	$295,008	added+6%	0.00 pp	7 q
CFGCitizens Financial Group, Inc.	0.00%	17,127	$617,086	trimmed−45%	0.00 pp	5 q
DEODiageo plc	0.00%	10,741	$1M	trimmed−19%	0.00 pp	45 q
FANGDiamondback Energy, Inc.	0.00%	1,220	$244,232	held	—	2 q
DOVDover Corporation	0.00%	14,770	$3M	trimmed−28%	−0.01 pp	45 q
VSTSVestis Corporation	0.00%	103,115	$1M	new	0.00 pp	new
FITBFifth Third Bancorp	0.00%	21,565	$786,907	held	—	5 q
FLSFlowserve Corporation	0.00%	11,200	$538,720	trimmed−16%	0.00 pp	17 q
ITGartner, Inc.	0.00%	1,711	$768,342	trimmed−26%	0.00 pp	25 q
GDGeneral Dynamics Corporation	0.00%	725	$210,352	held	—	2 q
HRIHerc Holdings Inc.	0.00%	7,465	$995,010	trimmed−6%	0.00 pp	33 q
JPMJPMorgan Chase & Co.	0.00%	4,989	$1M	added+1%	0.00 pp	45 q
LBRDALiberty Broadband Corporation Class A	0.00%	19,335	$1M	trimmed−23%	0.00 pp	19 q
LYGLloyds Banking Group PLC	0.00%	50,490	$137,838	added+7%	0.00 pp	2 q
MBCMasterBrand, Inc.	0.00%	52,598	$772,139	trimmed−1%	0.00 pp	7 q
MSFTMicrosoft Corp	0.00%	2,105	$940,830	held	—	45 q
NFLXNetFlix Inc	0.00%	4,107	$3M	trimmed−32%	−0.01 pp	28 q
PHParker-Hannifin Corporation	0.00%	1,970	$996,446	trimmed−42%	0.00 pp	10 q
PMPhilip Morris International Inc.	0.00%	4,710	$477,264	trimmed−22%	0.00 pp	45 q
PHINPHINIA Inc.	0.00%	22,896	$901,187	trimmed−96%	−0.03 pp	4 q
SPGIS&P Global Inc.	0.00%	1,020	$454,920	trimmed−2%	0.00 pp	22 q
SPYState Street SPDR S&P 500 ETF Trust	0.00%	1,052	$572,519	trimmed−9%	0.00 pp	9 q
THCTenet Healthcare Corporation New	0.00%	3,900	$518,817	held	—	45 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.00%	420	$213,889	trimmed−67%	0.00 pp	45 q
VTVVanguard Morningstar Value ETF	0.00%	2,458	$394,288	new	0.00 pp	new
FERGFerguson Enterprises Inc.	—	−42,040	—	exited	−0.01 pp	—
GLPIGaming and Leisure Properties, Inc.	—	−9,496	—	exited	0.00 pp	—
HWMHowmet Aerospace Inc.	—	−7,500	—	exited	0.00 pp	—
PINSPinterest, Inc. Class A	—	−22,196	—	exited	0.00 pp	—
REYNReynolds Consumer Products Inc.	—	−13,000	—	exited	0.00 pp	—
CPRICapri Holdings Limited	—	−6,500	—	exited	0.00 pp	—