Harris Associates (Oakmark) 13F, Q2 2025
Bill Nygren · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 813917
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 171 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| <![CDATA[ALPHABET INC]]> | GOOGL | $2.78B | 4.5% | -6% shares |
| <![CDATA[CAPITAL ONE FINL CORP]]> | COF | $2.14B | 3.5% | +2% shares |
| <![CDATA[SCHWAB CHARLES CORP]]> | SCHW | $2.10B | 3.4% | -17% shares |
| <![CDATA[INTERCONTINENTAL EXCHANGE IN]]> | ICE | $1.88B | 3.1% | -10% shares |
| <![CDATA[AIRBNB INC]]> | ABNB | $1.88B | 3.1% | +43% shares |
| <![CDATA[IQVIA HLDGS INC]]> | IQV | $1.85B | 3.0% | +5% shares |
| <![CDATA[CONOCOPHILLIPS]]> | COP | $1.74B | 2.8% | +7% shares |
| <![CDATA[PHILLIPS 66]]> | PSX | $1.60B | 2.6% | -3% shares |
| <![CDATA[KEURIG DR PEPPER INC]]> | KDP | $1.56B | 2.5% | +9% shares |
| <![CDATA[CHARTER COMMUNICATIONS INC N]]> | CHTR | $1.50B | 2.4% | -11% shares |
| <![CDATA[AMERICAN INTL GROUP INC]]> | AIG | $1.48B | 2.4% | -23% shares |
| <![CDATA[FIRST CTZNS BANCSHARES INC N]]> | FCNCA | $1.44B | 2.3% | +10% shares |
| <![CDATA[BANK AMERICA CORP]]> | BAC | $1.39B | 2.3% | +4% shares |
| <![CDATA[CITIGROUP INC]]> | C | $1.37B | 2.2% | +4% shares |
| <![CDATA[EQUIFAX INC]]> | EFX | $1.32B | 2.1% | +12% shares |
| <![CDATA[CBRE GROUP INC]]> | CBRE | $1.27B | 2.1% | -6% shares |
| <![CDATA[WARNER BROS DISCOVERY INC]]> | WBD | $1.25B | 2.0% | +14% shares |
| <![CDATA[GENERAL MTRS CO]]> | GM | $1.25B | 2.0% | -15% shares |
| <![CDATA[WILLIS TOWERS WATSON PLC LTD]]> | $1.16B | 1.9% | +7% shares | |
| <![CDATA[DEERE & CO]]> | DE | $1.11B | 1.8% | -48% shares |
| <![CDATA[CENTENE CORP DEL]]> | CNC | $1.11B | 1.8% | -3% shares |
| <![CDATA[ALLY FINL INC]]> | ALLY | $1.05B | 1.7% | +8% shares |
| <![CDATA[AMAZON COM INC]]> | AMZN | $1.03B | 1.7% | +111% shares |
| <![CDATA[CNH INDL N V]]> | $1.02B | 1.7% | -6% shares | |
| <![CDATA[TE CONNECTIVITY PLC]]> | $927.57M | 1.5% | +13% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Harris Associates (Oakmark) opened 30 new positions, added to 53, trimmed 74, left 14 unchanged and exited 17. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001415889-25-021935, 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.