Harris Associates (Oakmark) 13F, Q4 2023
Bill Nygren · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 813917
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 143 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| <![CDATA[ALPHABET INC]]> | GOOGL | $2.89B | 5.0% | -12% shares |
| <![CDATA[CAPITAL ONE FINL CORP]]> | COF | $2.48B | 4.3% | -2% shares |
| <![CDATA[IQVIA HLDGS INC]]> | IQV | $2.26B | 3.9% | +23% shares |
| <![CDATA[INTERCONTINENTAL EXCHANGE IN]]> | ICE | $2.05B | 3.5% | +3% shares |
| <![CDATA[CHARTER COMMUNICATIONS INC N]]> | CHTR | $2.01B | 3.5% | unchanged |
| <![CDATA[FISERV INC]]> | FISV | $2.00B | 3.4% | unchanged |
| <![CDATA[CNH INDL N V]]> | $1.96B | 3.4% | +30% shares | |
| <![CDATA[BANK AMERICA CORP]]> | BAC | $1.83B | 3.2% | +4% shares |
| <![CDATA[KKR & CO INC]]> | KKR | $1.72B | 3.0% | -23% shares |
| <![CDATA[AMERICAN INTL GROUP INC]]> | AIG | $1.54B | 2.7% | unchanged |
| <![CDATA[CBRE GROUP INC]]> | CBRE | $1.49B | 2.6% | +5% shares |
| <![CDATA[CONOCOPHILLIPS]]> | COP | $1.47B | 2.5% | -6% shares |
| <![CDATA[SCHWAB CHARLES CORP]]> | SCHW | $1.31B | 2.3% | +2% shares |
| <![CDATA[GENERAL MTRS CO]]> | GM | $1.28B | 2.2% | unchanged |
| <![CDATA[AMAZON COM INC]]> | AMZN | $1.20B | 2.1% | -25% shares |
| <![CDATA[WELLS FARGO CO NEW]]> | WFC | $1.14B | 2.0% | -3% shares |
| <![CDATA[SALESFORCE INC]]> | CRM | $1.03B | 1.8% | -16% shares |
| <![CDATA[KROGER CO]]> | KR | $1.02B | 1.8% | +30% shares |
| <![CDATA[WILLIS TOWERS WATSON PLC LTD]]> | $983.92M | 1.7% | -3% shares | |
| <![CDATA[AMERICAN EXPRESS CO]]> | AXP | $938.24M | 1.6% | +71% shares |
| <![CDATA[PHILLIPS 66]]> | PSX | $919.23M | 1.6% | +262% shares |
| <![CDATA[WARNER BROS DISCOVERY INC]]> | WBD | $904.76M | 1.6% | +23% shares |
| <![CDATA[EOG RES INC]]> | EOG | $881.07M | 1.5% | -8% shares |
| <![CDATA[COMCAST CORP NEW]]> | CMCSA | $827.62M | 1.4% | +11% shares |
| <![CDATA[ALLY FINL INC]]> | ALLY | $819.77M | 1.4% | -10% shares |
What changed since Q3 2023
Against the Q3 2023 filing, Harris Associates (Oakmark) opened 15 new positions, added to 35, trimmed 56, left 37 unchanged and exited 5. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- A$325.66M
- <![CDATA[LIBERTY GLOBAL LTD]]>$272.64M
- PAYC$195.63M
- IBDR$756.6K
- <![CDATA[ISHARES TR]]>$498.0K
- VTV$440.3K
- <![CDATA[ISHARES TR]]>$378.7K
- VUG$332.0K
and 7 more
Exited
- <![CDATA[LIBERTY GLOBAL PLC]]>was $349.71M
- PHMwas $144.76M
- VIPSwas $92.06M
- NOVwas $17.52M
- KDPwas $288.6K
Other quarters
Source: SEC Form 13F-HR, accession 0001415889-24-003711, 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.