Harris Associates (Oakmark) 13F, Q3 2024
Bill Nygren · quarter ending 30 September 2024 · filed 14 November 2024 · SEC CIK 813917
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 146 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| <![CDATA[ENVISTA HOLDINGS CORPORATION]]> | NVST 1.75 08/15/28 | $15.80B | 20.6% | new |
| <![CDATA[ALPHABET INC]]> | GOOGL | $2.92B | 3.8% | -3% shares |
| <![CDATA[FISERV INC]]> | FISV | $2.46B | 3.2% | -8% shares |
| <![CDATA[IQVIA HLDGS INC]]> | IQV | $2.41B | 3.1% | -5% shares |
| <![CDATA[CAPITAL ONE FINL CORP]]> | COF | $2.16B | 2.8% | -5% shares |
| <![CDATA[INTERCONTINENTAL EXCHANGE IN]]> | ICE | $2.14B | 2.8% | -11% shares |
| <![CDATA[DEERE & CO]]> | DE | $2.02B | 2.6% | +11% shares |
| <![CDATA[CENTENE CORP DEL]]> | CNC | $1.98B | 2.6% | +6% shares |
| <![CDATA[SCHWAB CHARLES CORP]]> | SCHW | $1.83B | 2.4% | +23% shares |
| <![CDATA[CBRE GROUP INC]]> | CBRE | $1.76B | 2.3% | -12% shares |
| <![CDATA[CHARTER COMMUNICATIONS INC N]]> | CHTR | $1.65B | 2.2% | -19% shares |
| <![CDATA[CNH INDL N V]]> | $1.64B | 2.1% | unchanged | |
| <![CDATA[AMERICAN INTL GROUP INC]]> | AIG | $1.60B | 2.1% | +3% shares |
| <![CDATA[GENERAL MTRS CO]]> | GM | $1.45B | 1.9% | -6% shares |
| <![CDATA[BANK AMERICA CORP]]> | BAC | $1.40B | 1.8% | -14% shares |
| <![CDATA[CONOCOPHILLIPS]]> | COP | $1.39B | 1.8% | -3% shares |
| <![CDATA[SALESFORCE INC]]> | CRM | $1.38B | 1.8% | unchanged |
| <![CDATA[KROGER CO]]> | KR | $1.30B | 1.7% | -6% shares |
| <![CDATA[PHILLIPS 66]]> | PSX | $1.29B | 1.7% | +16% shares |
| <![CDATA[FIRST CTZNS BANCSHARES INC N]]> | FCNCA | $1.26B | 1.6% | unchanged |
| <![CDATA[WELLS FARGO CO NEW]]> | WFC | $1.19B | 1.6% | unchanged |
| <![CDATA[WILLIS TOWERS WATSON PLC LTD]]> | $1.05B | 1.4% | -8% shares | |
| <![CDATA[CITIGROUP INC]]> | C | $1.02B | 1.3% | +2% shares |
| <![CDATA[COMCAST CORP NEW]]> | CMCSA | $894.83M | 1.2% | unchanged |
| <![CDATA[EOG RES INC]]> | EOG | $861.52M | 1.1% | +3% shares |
What changed since Q2 2024
Against the Q2 2024 filing, Harris Associates (Oakmark) opened 20 new positions, added to 31, trimmed 57, left 38 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- NVST 1.75 08/15/28$15.80B
- <![CDATA[TE CONNECTIVITY PLC]]>$505.60M
- MRK$334.21M
- GPC$324.89M
- <![CDATA[APTIV PLC]]>$162.64M
- <![CDATA[SMURFIT WESTROCK PLC]]>$136.92M
- LW$87.10M
- LPLA$49.37M
and 12 more
Exited
- <![CDATA[TE CONNECTIVITY LTD]]>was $601.79M
- <![CDATA[BLACKROCK INC]]>was $572.31M
- CSCOwas $496.38M
- PHINwas $901.2K
- FITBwas $786.9K
- ABBVwas $256.1K
Other quarters
Source: SEC Form 13F-HR, accession 0001415889-24-026858, 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.