Harris Associates (Oakmark)

Q3 2024 13F · by Bill Nygren, CIO

As of: Sep 30, 2024
Filed: Nov 14, 2024
US stock: $60.8B · prev $59.1B
Positions: 145 · prev 132
Options notional: $0
Documents: 1· no amendments

Picture79.4% US stock

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

US stock listed on a US exchange 79.4%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 20.6%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves142 since the prior filing

+6.7 pp in · −6.7 pp out

New 19 +2.64 pp
Added 42 +4.09 pp
Trimmed 75 −3.87 pp
Exited 6 −2.83 pp

The book

Diversified · behaves like 46 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 23% a year, about 4.4 years per position

Low
Moderate
High

Top 5 positions20% of US stock

Positions145 in this filing · 6 exited


GOOGLAlphabet Inc. Class A	4.80%	17,608,129	$2.9B	trimmed−3%	−0.82 pp	36 q
FISVFiserv, Inc.	4.04%	13,689,320	$2.5B	trimmed−7%	+0.31 pp	16 q
IQVIQVIA Holdings Inc.	3.97%	10,179,104	$2.4B	trimmed−5%	+0.15 pp	6 q
COFCapital One Financial	3.56%	14,454,114	$2.2B	trimmed−5%	0.00 pp	46 q
ICEIntercontinental Exchange Inc.	3.51%	13,292,211	$2.1B	trimmed−11%	+0.05 pp	14 q
DEDeere & Company	3.33%	4,851,338	$2.0B	added+11%	+0.57 pp	3 q
CNCCentene Corporation	3.26%	26,314,183	$2.0B	added+6%	+0.47 pp	5 q
SCHWThe Charles Schwab Corporation	3.01%	28,227,797	$1.8B	added+23%	+0.15 pp	25 q
CBRECbre Group, Inc.	2.89%	14,099,434	$1.8B	trimmed−12%	+0.48 pp	43 q
CHTRCharter Comm Inc Del CL A New	2.72%	5,103,593	$1.7B	trimmed−19%	−0.47 pp	34 q
CNHCnh Industrial N.v.	2.69%	147,625,677	$1.6B	trimmed−2%	+0.11 pp	16 q
AIGAmerican International Group, Inc.	2.62%	21,781,352	$1.6B	added+3%	−0.04 pp	46 q
GMGeneral Motors Company	2.39%	32,365,655	$1.5B	trimmed−6%	−0.31 pp	46 q
BACBank of America Corporation	2.31%	35,390,147	$1.4B	trimmed−14%	−0.45 pp	46 q
COPConocoPhillips	2.28%	13,179,139	$1.4B	trimmed−3%	−0.36 pp	15 q
CRMSalesforce, Inc.	2.27%	5,033,945	$1.4B	added0%	+0.09 pp	15 q
KRThe Kroger Co.	2.13%	22,605,188	$1.3B	trimmed−6%	+0.09 pp	7 q
PSXPhillips 66	2.12%	9,794,562	$1.3B	added+16%	+0.10 pp	5 q
FCNCAFirst Citizens BancShares Inc	2.08%	686,473	$1.3B	added+2%	+0.15 pp	15 q
WFCWells Fargo & Co.	1.96%	21,119,889	$1.2B	trimmed−1%	−0.19 pp	46 q
WTWWillis Towers Watson Public Limited Company	1.73%	3,577,799	$1.1B	trimmed−8%	0.00 pp	15 q
CCitigroup Inc.	1.68%	16,314,676	$1.0B	added+2%	−0.03 pp	43 q
CMCSAComcast Corp	1.47%	21,422,813	$895M	trimmed−0%	+0.04 pp	46 q
EOGEOG Resources, Inc.	1.42%	7,008,181	$862M	added+3%	−0.03 pp	22 q
CTVACorteva, Inc.	1.39%	14,362,309	$844M	added+1%	+0.10 pp	5 q
WBDWarner Bros. Discovery, Inc. Series A	1.29%	95,450,949	$787M	trimmed−9%	−0.03 pp	9 q
ALLYAlly Financial Inc.	1.27%	21,749,632	$774M	added+5%	−0.12 pp	36 q
KVUEKenvue Inc.	1.20%	31,459,511	$728M	added+7%	+0.30 pp	3 q
AMZNAmazon.Com Inc	1.13%	3,687,279	$687M	trimmed−11%	−0.23 pp	12 q
BNYBank of New York Mellon Corporation	1.13%	9,581,606	$689M	trimmed−2%	+0.14 pp	46 q
PAYCPaycom Software, Inc.	1.11%	4,051,001	$675M	added+1%	+0.13 pp	4 q
STTState Street Corporation	1.08%	7,415,582	$656M	added+3%	+0.18 pp	46 q
LADLithia Motors, Inc.	1.07%	2,041,393	$648M	added+1%	+0.21 pp	11 q
DALDelta Air Lines, Inc.	1.05%	12,623,907	$641M	added+8%	+0.11 pp	3 q
NDAQNasdaq, Inc.	1.03%	8,596,022	$628M	added+15%	+0.27 pp	2 q
CRBGCorebridge Financial, Inc.	1.01%	21,081,596	$615M	trimmed−10%	−0.14 pp	7 q
APAAPA Corporation	1.00%	24,914,700	$609M	added+21%	−0.03 pp	15 q
MASMasco Corporation	0.91%	6,617,159	$555M	trimmed−5%	+0.12 pp	10 q
FBINFortune Brands Innovations, Inc.	0.89%	6,048,720	$542M	added+6%	+0.27 pp	9 q
EFXEquifax, Incorporated	0.88%	1,820,948	$535M	trimmed−20%	−0.06 pp	26 q
LBRDKLiberty Broadband Corporation Class C	0.86%	6,750,174	$522M	added+1%	+0.24 pp	36 q
GPNGlobal Payments, Inc.	0.85%	5,026,407	$515M	added+75%	+0.38 pp	12 q
TELTE Connectivity plc	0.83%	3,348,554	$506M	new	+0.83 pp	new
RYAAYRyanair Holdings plc	0.76%	10,265,761	$464M	trimmed−10%	−0.14 pp	27 q
IPGThe Interpublic Group of Companies, Inc.	0.75%	14,434,712	$457M	trimmed−9%	−0.03 pp	42 q
RGAReinsurance Group of America, Incorporated	0.74%	2,065,930	$450M	trimmed−7%	−0.03 pp	19 q
BWABorgWarner Inc.	0.71%	11,839,353	$430M	added+11%	+0.13 pp	46 q
OTEXOpen Text Corp	0.70%	12,804,392	$426M	trimmed−1%	+0.04 pp	21 q
BAXBaxter International Inc.	0.61%	9,776,407	$371M	trimmed−5%	+0.03 pp	35 q
CVSCvs Health Corporation	0.60%	5,762,222	$362M	added+22%	+0.13 pp	46 q
MRKMerck & Co., Inc.	0.55%	2,943,021	$334M	new	+0.55 pp	new
GPCGenuine Parts Company	0.53%	2,325,955	$325M	new	+0.53 pp	new
CECelanese Corporation	0.50%	2,237,584	$304M	added+14%	+0.05 pp	6 q
MGAMagna International	0.48%	7,061,018	$290M	trimmed−1%	−0.02 pp	8 q
ORCLOracle Corp	0.48%	1,695,990	$289M	trimmed−26%	−0.07 pp	46 q
GOOGAlphabet Inc. Class C	0.44%	1,617,844	$270M	trimmed−2%	−0.07 pp	42 q
THOThor Industries, Inc.	0.44%	2,412,118	$265M	trimmed−9%	+0.02 pp	26 q
GSGoldman Sachs Group Inc.	0.40%	493,275	$244M	trimmed−33%	−0.17 pp	46 q
VVISA Inc.	0.40%	884,830	$243M	trimmed−0%	+0.01 pp	46 q
TFCTruist Financial Corporation	0.38%	5,458,970	$233M	trimmed−49%	−0.32 pp	7 q
SEESealed Air Corp New	0.35%	5,787,577	$210M	added0%	+0.01 pp	18 q
NVSTEnvista Holdings Corporation, $0.01 par value per share	0.34%	10,486,054	$207M	trimmed−3%	+0.04 pp	19 q
MOAltria Group, Inc.	0.33%	3,906,627	$199M	trimmed−66%	−0.55 pp	15 q
LBTYALiberty Global Ltd. Class A	0.30%	8,594,315	$181M	trimmed−30%	−0.06 pp	29 q
GEHCGE HealthCare Technologies Inc.	0.28%	1,846,255	$173M	added×3.2	+0.20 pp	2 q
AAgilent Technologies Inc.	0.27%	1,118,708	$166M	trimmed−41%	−0.14 pp	4 q
9991429DAptiv Irish Holdings Ltd	0.27%	2,258,580	$163M	new	+0.27 pp	new
WENThe Wendy's Company	0.26%	9,088,545	$159M	trimmed−4%	−0.01 pp	12 q
HHHHoward Hughes Holdings Inc.	0.25%	1,946,115	$151M	trimmed−0%	+0.04 pp	5 q
EBAYeBay Inc	0.24%	2,261,329	$147M	trimmed−52%	−0.18 pp	24 q
SWSmurfit Westrock plc	0.23%	2,770,470	$137M	new	+0.23 pp	new
BCBrunswick Corporation	0.22%	1,618,853	$136M	added+10%	+0.04 pp	5 q
HCAHCA Healthcare, Inc.	0.22%	325,437	$132M	trimmed−13%	+0.02 pp	35 q
DISThe Walt Disney Company	0.21%	1,301,772	$125M	trimmed−1%	−0.01 pp	18 q
WMGWarner Music Group Corp. Class A	0.21%	4,131,487	$129M	trimmed−1%	−0.01 pp	13 q
ABMABM Industries, Inc.	0.18%	2,089,371	$110M	added+5%	+0.01 pp	10 q
ETSYEtsy, Inc.	0.18%	1,951,286	$108M	trimmed−21%	−0.07 pp	3 q
MTNVail Resorts, Inc.	0.18%	613,045	$107M	trimmed−17%	−0.05 pp	7 q
KKRKKR & Co. Inc.	0.17%	806,502	$105M	trimmed−32%	−0.04 pp	16 q
AXPAmerican Express Company	0.16%	349,545	$95M	trimmed−62%	−0.21 pp	19 q
LWLamb Weston Holdings, Inc.	0.14%	1,345,424	$87M	new	+0.14 pp	new
HLTHilton Worldwide Holdings Inc.	0.11%	292,782	$67M	trimmed−14%	−0.02 pp	27 q
OPLNOPENLANE, Inc	0.11%	3,858,284	$65M	trimmed−0%	0.00 pp	13 q
MAMastercard Incorporated	0.11%	132,859	$66M	trimmed−1%	+0.01 pp	46 q
CRICarter's Inc.	0.09%	804,419	$52M	trimmed−39%	−0.05 pp	46 q
ACVAACV Auctions Inc.	0.08%	2,274,655	$46M	added0%	+0.01 pp	12 q
LPLALPL Financial Holdings Inc.	0.08%	212,238	$49M	new	+0.08 pp	new
ALSNAllison Transmission Holdings, Inc.	0.07%	417,032	$40M	trimmed−1%	+0.02 pp	15 q
KDPKeurig Dr Pepper Inc.	0.07%	1,067,295	$40M	trimmed−0%	+0.01 pp	2 q
91990EURCushman & Wakefield UK Holdc	0.07%	3,042,545	$41M	trimmed−0%	+0.02 pp	14 q
ALVAutoliv, Inc.	0.06%	360,635	$34M	added+60%	+0.02 pp	23 q
GRFSGrifois, S.A.	0.06%	3,857,700	$34M	held	—	11 q
LEALear Corporation	0.06%	360,154	$39M	trimmed−42%	−0.06 pp	46 q
AAPLApple Inc.	0.05%	128,731	$30M	added+1%	0.00 pp	46 q
CIGIColliers International Group Inc. Subordinate Voting Shares	0.04%	177,540	$27M	trimmed−30%	−0.01 pp	7 q
BRK.BBERKSHIRE HATHAWAY Class B	0.03%	39,403	$18M	trimmed−9%	0.00 pp	20 q
CCKCrown Holdings Inc.	0.03%	192,131	$18M	added+10%	+0.01 pp	7 q
METAMeta Platforms, Inc. Class A	0.03%	30,943	$18M	trimmed−3%	0.00 pp	27 q
GILGildan Activewear Inc.	0.03%	416,500	$20M	trimmed−32%	−0.01 pp	20 q
SPNNSapiens International Corp	0.03%	411,200	$15M	trimmed−26%	0.00 pp	6 q
MANManpowerGroup	0.02%	140,808	$10M	trimmed−14%	0.00 pp	23 q
MCOMoody's Corporation	0.02%	25,224	$12M	trimmed−92%	−0.20 pp	31 q
TXNTexas Instruments Incorporated	0.02%	49,288	$10M	trimmed−1%	0.00 pp	46 q
CSLCarlisle Companies, Inc.	0.01%	19,183	$9M	trimmed−29%	−0.01 pp	27 q
DHRDanaher Corporation	0.01%	18,923	$5M	trimmed−74%	−0.02 pp	6 q
SPYState Street SPDR S&P 500 ETF Trust	0.01%	7,689	$4M	added×7.3	+0.01 pp	10 q
SEGSeaport Entertainment Group Inc.	0.01%	215,437	$6M	new	+0.01 pp	new
WDAYWorkday, Inc. Class A	0.01%	27,057	$7M	trimmed−7%	0.00 pp	20 q
JCIJohnson Controls International plc	0.01%	53,274	$4M	trimmed−40%	0.00 pp	28 q
ADPAutomatic Data Processing	0.00%	2,305	$637,863	trimmed−12%	0.00 pp	46 q
BKNGBooking Holdings Inc.	0.00%	163	$686,576	trimmed−5%	0.00 pp	27 q
CATCaterpillar Inc.	0.00%	1,800	$704,016	held	—	44 q
CVXChevron Corporation	0.00%	1,938	$285,409	added+3%	0.00 pp	8 q
CFGCitizens Financial Group, Inc.	0.00%	17,127	$703,406	held	—	6 q
DEODiageo plc	0.00%	10,896	$2M	added+1%	0.00 pp	46 q
FANGDiamondback Energy, Inc.	0.00%	1,220	$210,328	held	—	3 q
DOVDover Corporation	0.00%	14,070	$3M	trimmed−5%	0.00 pp	46 q
VSTSVestis Corporation	0.00%	122,040	$2M	added+18%	0.00 pp	2 q
FLSFlowserve Corporation	0.00%	11,200	$578,928	held	—	18 q
ITGartner, Inc.	0.00%	465	$235,643	trimmed−73%	0.00 pp	26 q
GDGeneral Dynamics Corporation	0.00%	730	$220,606	added+1%	0.00 pp	3 q
HRIHerc Holdings Inc.	0.00%	7,465	$1M	held	—	34 q
EEMiShares MSCI Emerging Markets ETF	0.00%	51	$2,339	new	0.00 pp	new
EFAiShares MSCI EAFE ETF	0.00%	972	$81,288	new	0.00 pp	new
IJRiShares Core S&P Small-Cap ETF	0.00%	1,151	$134,621	new	0.00 pp	new
ACWXiShares MSCI ACWI ex US ETF	0.00%	94	$5,379	new	0.00 pp	new
ACWIiShares MSCI ACWI ETF	0.00%	3,425	$409,459	new	0.00 pp	new
IGFiShares Global Infrastructure ETF	0.00%	312	$16,982	new	0.00 pp	new
DSIiShares ESG MSCI KLD 400 ETF	0.00%	118	$12,837	new	0.00 pp	new
ESGDiShares Trust iShares ESG Aware MSCI EAFE ETF	0.00%	108	$9,090	new	0.00 pp	new
JPMJPMorgan Chase & Co.	0.00%	4,975	$1M	trimmed−0%	0.00 pp	46 q
LBRDALiberty Broadband Corporation Class A	0.00%	19,335	$1M	held	—	20 q
LYGLloyds Banking Group PLC	0.00%	45,690	$142,553	trimmed−10%	0.00 pp	3 q
MBCMasterBrand, Inc.	0.00%	52,598	$975,167	held	—	8 q
MSFTMicrosoft Corp	0.00%	3,158	$1M	added+50%	0.00 pp	46 q
NFLXNetFlix Inc	0.00%	3,948	$3M	trimmed−4%	0.00 pp	29 q
NVDANvidia Corp	0.00%	4,005	$486,367	new	0.00 pp	new
PHParker-Hannifin Corporation	0.00%	1,024	$646,984	trimmed−48%	0.00 pp	11 q
PMPhilip Morris International Inc.	0.00%	4,722	$573,251	added0%	0.00 pp	46 q
SPGIS&P Global Inc.	0.00%	1,104	$570,348	added+8%	0.00 pp	23 q
unresolvedSeaport Entmt Group Inc	0.00%	229	$703	new	0.00 pp	new
THCTenet Healthcare Corporation New	0.00%	3,900	$648,180	held	—	46 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.00%	486	$284,154	added+16%	0.00 pp	46 q
VTVVanguard Morningstar Value ETF	0.00%	3,263	$569,622	added+33%	0.00 pp	2 q
VTIVanguard Morningstar Total Stock Market ETF	0.00%	50	$14,158	new	0.00 pp	new
0VQJLTe Connectivity Ltd	—	−4,000,464	—	exited	−1.02 pp	—
BLQADBlackrock Inc	—	−726,912	—	exited	−0.97 pp	—
CSCOCisco Systems, Inc. (DE)	—	−10,447,953	—	exited	−0.84 pp	—
ABBVAbbvie Inc.	—	−1,493	—	exited	0.00 pp	—
FITBFifth Third Bancorp	—	−21,565	—	exited	0.00 pp	—
PHINPHINIA Inc.	—	−22,896	—	exited	0.00 pp	—