Harris Associates (Oakmark) 13F, Q3 2023
Bill Nygren · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 813917
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q3 2023
The 25 largest of 133 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| <![CDATA[ALPHABET INC]]> | GOOGL | $3.07B | 6.0% | -13% shares |
| <![CDATA[CHARTER COMMUNICATIONS INC N]]> | CHTR | $2.30B | 4.5% | -3% shares |
| <![CDATA[CAPITAL ONE FINL CORP]]> | COF | $1.88B | 3.7% | unchanged |
| <![CDATA[INTERCONTINENTAL EXCHANGE IN]]> | ICE | $1.71B | 3.3% | +7% shares |
| <![CDATA[FISERV INC]]> | FISV | $1.69B | 3.3% | -3% shares |
| <![CDATA[KKR & CO INC]]> | KKR | $1.66B | 3.2% | -8% shares |
| <![CDATA[CONOCOPHILLIPS]]> | COP | $1.62B | 3.1% | -10% shares |
| <![CDATA[IQVIA HLDGS INC]]> | IQV | $1.55B | 3.0% | +394% shares |
| <![CDATA[CNH INDL N V]]> | $1.50B | 2.9% | +9% shares | |
| <![CDATA[BANK AMERICA CORP]]> | BAC | $1.43B | 2.8% | unchanged |
| <![CDATA[AMERICAN INTL GROUP INC]]> | AIG | $1.39B | 2.7% | unchanged |
| <![CDATA[AMAZON COM INC]]> | AMZN | $1.34B | 2.6% | -33% shares |
| <![CDATA[GENERAL MTRS CO]]> | GM | $1.17B | 2.3% | -8% shares |
| <![CDATA[CBRE GROUP INC]]> | CBRE | $1.13B | 2.2% | +4% shares |
| <![CDATA[SCHWAB CHARLES CORP]]> | SCHW | $1.03B | 2.0% | unchanged |
| <![CDATA[EOG RES INC]]> | EOG | $1.00B | 2.0% | -8% shares |
| <![CDATA[WELLS FARGO CO NEW]]> | WFC | $976.46M | 1.9% | unchanged |
| <![CDATA[SALESFORCE INC]]> | CRM | $951.99M | 1.9% | -7% shares |
| <![CDATA[ORACLE CORP]]> | ORCL | $887.40M | 1.7% | -31% shares |
| <![CDATA[WILLIS TOWERS WATSON PLC LTD]]> | $879.16M | 1.7% | +19% shares | |
| <![CDATA[KROGER CO]]> | KR | $768.75M | 1.5% | +73% shares |
| <![CDATA[COMCAST CORP NEW]]> | CMCSA | $754.63M | 1.5% | -2% shares |
| <![CDATA[DANAHER CORPORATION]]> | DHR | $735.34M | 1.4% | +28% shares |
| <![CDATA[RYANAIR HOLDINGS PLC]]> | RYAAY | $704.43M | 1.4% | -3% shares |
| <![CDATA[WARNER BROS DISCOVERY INC]]> | WBD | $700.24M | 1.4% | unchanged |
What changed since Q2 2023
Against the Q2 2023 filing, Harris Associates (Oakmark) opened 8 new positions, added to 30, trimmed 67, left 28 unchanged and exited 17. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- <![CDATA[HOWARD HUGHES CORP]]>was $166.07M
- PCARwas $132.43M
- <![CDATA[PDC ENERGY INC]]>was $102.21M
- QSRwas $67.01M
- DLTRwas $30.90M
- ADBEwas $13.11M
- EEFTwas $5.07M
- GDwas $1.42M
and 9 more
Other quarters
Source: SEC Form 13F-HR, accession 0001415889-23-015098, filed by HARRIS ASSOCIATES L P. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.