whalepapers
Overview/ Harris Associates L P/ Q1 2014

Harris Associates L P

Bill Nygren · As of Q1 2014 · filed Apr 25, 2014

Q1 2014

Holdings

176 positions · Δ vs prior quarter
ORCL ORACLE CORP
$2.80B
5.0%
68,461,485 +381,600 +0.6% Added
GM GENERAL MOTORS CO
$2.19B
3.9%
63,541,243 +3,398,412 +5.7% Added
BAC BANK OF AMERICA CORP
$1.86B
3.3%
108,164,546 +2,570,598 +2.4% Added
WFC WELLS FARGO & CO
$1.74B
3.1%
34,983,436 +3,480,912 +11.0% Added
INTC INTEL CORP
$1.73B
3.1%
66,857,835 +77,463 +0.1% Added
FDX FEDEX CORP
$1.69B
3.0%
12,779,212 −113,386 −0.9% Reduced
NOVEUR NATIONAL OILWELL VARCO INC
$1.66B
3.0%
21,305,356 +213,150 +1.0% Added
JPM JPMORGAN CHASE & CO
$1.66B
3.0%
27,294,308 −156,420 −0.6% Reduced
TEL1USD TE CONNECTIVITY LTD
$1.64B
2.9%
27,276,464 +120,804 +0.4% Added
AIG AMERICAN INTERNATIONAL GROUP
$1.62B
2.9%
32,359,296 +956,717 +3.0% Added
MA MASTERCARD INC - A
$1.51B
2.7%
20,152,207 +18,075,454 +870.4% Added
BEN FRANKLIN TEMPLETON INC
$1.48B
2.6%
27,252,784 +4,362,209 +19.1% Added
AMAT APPLIED MATERIALS INC
$1.32B
2.4%
64,851,788 −6,929,128 −9.7% Reduced
UNP UNION PACIFIC CORP
$967.3M
1.7%
5,154,324 +24,886 +0.5% Added
AAPL APPLE INC
$838.9M
1.5%
1,562,994 +1,175,895 +303.8% Added
V VISA INC-CLASS A SHARES
$838.3M
1.5%
3,883,442 −472,337 −10.8% Reduced
UNH UNITEDHEALTH GROUP INC
$833.4M
1.5%
10,164,974 −1,067,548 −9.5% Reduced
DEO DIAGEO PLC-SPONSORED ADR
$829.6M
1.5%
6,658,934 +2,777,611 +71.6% Added
MEDTRONIC INC
$825.1M
1.5%
13,407,823 +440,135 +3.4% Added
ITW ILLINOIS TOOL WORKS
$818.3M
1.5%
10,061,057 −3,417,741 −25.4% Reduced
COF CAPITAL ONE FINANCIAL CORP
$794.7M
1.4%
10,298,994 +235,985 +2.3% Added
WILLIS GROUP HOLDINGS PUBLIC
$789.1M
1.4%
17,881,859 +276,700 +1.6% Added
AON PLC
$749.1M
1.3%
8,888,203 −83,457 −0.9% Reduced
DIRECTV
$698.4M
1.3%
9,139,462 +314,507 +3.6% Added
LIBERTY INTERACTIVE CORP
$681.7M
1.2%
23,614,079 +1,251,914 +5.6% Added
DOV DOVER CORP
$609.3M
1.1%
7,452,901 −139,484 −1.8% Reduced
9990302D APACHE CORP
$567.1M
1.0%
6,836,080 +2,320,050 +51.4% Added
TRW AUTOMOTIVE HLDGS CORP
$524.2M
0.9%
6,422,623 +106,001 +1.7% Added
AFL AFLAC INC
$518.9M
0.9%
8,230,599 +749,704 +10.0% Added
BAKER HUGHES INC
$518.1M
0.9%
7,968,200 −1,185,684 −13.0% Reduced
PH PARKER HANNIFIN CORP
$497.9M
0.9%
4,159,537 +26,800 +0.6% Added
PM PHILIP MORRIS INTERNATIONAL
$495.1M
0.9%
6,047,827 −55,300 −0.9% Reduced
GD GENERAL DYNAMICS CORP
$491.4M
0.9%
4,511,976 −1,477,050 −24.7% Reduced
COMCAST CORP NEW
$475.7M
0.9%
9,756,309 −704,942 −6.7% Reduced
PFG PRINCIPAL FINANCIAL GROUP
$461.6M
0.8%
10,036,163 +435,749 +4.5% Added
AMT TD AMERITRADE HOLDING CORP
$459.6M
0.8%
13,537,203 −632 −0.0% Reduced
CVS CVS HEALTH CORP
$455.7M
0.8%
6,087,483 +573,770 +10.4% Added
BNY BANK OF NEW YORK MELLON CORP
$454.5M
0.8%
12,877,811 +2,017,900 +18.6% Added
C CITIGROUP INC
$445.7M
0.8%
9,362,711 +9,362,711 New
UNILEVER PLC
$436.9M
0.8%
10,212,954 +1,083,734 +11.9% Added
BLKCHF BLACKROCK INC
$423.4M
0.8%
1,346,322 +175,380 +15.0% Added
STARWOOD HOTELS&RESORTS WRLD
$419.8M
0.8%
5,273,891 −1,200,002 −18.5% Reduced
DVN DEVON ENERGY CORP
$416.4M
0.7%
6,222,095 −4,014,260 −39.2% Reduced
BWA BORGWARNER INC
$412.4M
0.7%
6,709,318 −80 −0.0% Reduced
CBRE CBRE GROUP INC - A
$400.7M
0.7%
14,608,568 +14,608,568 New
LEA LEAR CORP
$387.7M
0.7%
4,630,354 −8,400 −0.2% Reduced
WOO FOOT LOCKER INC
$382.3M
0.7%
8,136,536 +7,480 +0.1% Added
TIFEUR TIFFANY & CO
$371.8M
0.7%
4,315,554 −468,061 −9.8% Reduced
ROK ROCKWELL AUTOMATION INC
$371.6M
0.7%
2,983,275 −989,714 −24.9% Reduced
OMNICARE INC
$370.4M
0.7%
6,207,712 −378,367 −5.7% Reduced
MCD MCDONALD'S CORP
$366.1M
0.7%
3,734,347 +368,565 +11.0% Added
TXN TEXAS INSTRUMENTS INC
$362.7M
0.6%
7,691,736 −863,292 −10.1% Reduced
FAMILY DLR STORES INC
$360.4M
0.6%
6,213,149 −280,331 −4.3% Reduced
EXMOC EXXON MOBIL CORP
$359.2M
0.6%
3,677,000 −666,682 −15.3% Reduced
GS GOLDMAN SACHS GROUP INC
$354.7M
0.6%
2,164,910 +29,193 +1.4% Added
THC TENET HEALTHCARE CORP
$330.3M
0.6%
7,715,972 −8,450 −0.1% Reduced
OMC OMNICOM GROUP
$323.7M
0.6%
4,458,400 −34,186 −0.8% Reduced
LABORATORY CORP AMER HLDGS
$309.2M
0.6%
3,148,038 −1,877,767 −37.4% Reduced
DELPHI AUTOMOTIVE PLC
$308.7M
0.6%
4,548,378 −8,350,417 −64.7% Reduced
RL RALPH LAUREN CORP
$300.5M
0.5%
1,867,064 +1,867,064 New
SNI SCRIPPS NETWORKS INTER-CL A
$297.7M
0.5%
3,922,021 −1,007,983 −20.4% Reduced
GOOGLE INC
$286.8M
0.5%
257,337 +20,138 +8.5% Added
HD HOME DEPOT INC
$286.7M
0.5%
3,623,008 +1,039,948 +40.3% Added
MSFT MICROSOFT CORP
$279.9M
0.5%
6,828,377 +273,349 +4.2% Added
COVIDIEN PLC
$271.8M
0.5%
3,690,391 +14,592 +0.4% Added
CMI CUMMINS INC
$267.1M
0.5%
1,792,739 −301,317 −14.4% Reduced
QCOM QUALCOMM INC
$255.1M
0.5%
3,235,259 +620,949 +23.8% Added
CHKP CHECK POINT SOFTWARE TECH
$254.5M
0.5%
3,763,700 −2,004,964 −34.8% Reduced
FOREST LABS INC
$250.7M
0.4%
2,717,500 −7,826,650 −74.2% Reduced
CALPINE CORP
$246.8M
0.4%
11,804,504 +1,164,700 +10.9% Added
HAL HALLIBURTON CO
$243.7M
0.4%
4,138,130 +179,300 +4.5% Added
HEALTH NET INC
$231.0M
0.4%
6,793,249 −297,401 −4.2% Reduced
MMM 3M CO
$229.5M
0.4%
1,691,526 −7,700 −0.5% Reduced
WMT WALMART INC
$225.5M
0.4%
2,949,818 +691,061 +30.6% Added
BR BROADRIDGE FINANCIAL SOLUTIO
$223.4M
0.4%
6,014,859 −94,950 −1.6% Reduced
CVE CENOVUS ENERGY INC
$220.1M
0.4%
7,599,589 −567,223 −6.9% Reduced
STT STATE STREET CORP
$215.3M
0.4%
3,095,150 +256,800 +9.0% Added
USB US BANCORP
$205.4M
0.4%
4,791,489 −2,448,377 −33.8% Reduced
KMX CARMAX INC
$198.3M
0.4%
4,236,237 +754,001 +21.7% Added
GLPI GAMING AND LEISURE PROPERTIE
$193.5M
0.3%
5,306,150 +903,532 +20.5% Added
UPLEUR ULTRA PETROLEUM CORP
$182.7M
0.3%
6,793,366 +21,366 +0.3% Added
XECEUR CIMAREX ENERGY CO
$177.9M
0.3%
1,493,219 −1,902,878 −56.0% Reduced
LYV LIVE NATION ENTERTAINMENT IN
$166.4M
0.3%
7,651,350 −765,900 −9.1% Reduced
MAR MARRIOTT INTERNATIONAL -CL A
$163.0M
0.3%
2,910,128 −607,003 −17.3% Reduced
HSN INC
$160.0M
0.3%
2,678,579 +209,834 +8.5% Added
ALV AUTOLIV INC
$153.7M
0.3%
1,531,412 −971,400 −38.8% Reduced
KSS KOHLS CORP
$145.5M
0.3%
2,562,018 +30,598 +1.2% Added
SNY SANOFI-ADR
$138.1M
0.2%
2,641,500 +2,641,500 New
KMT KENNAMETAL INC
$130.5M
0.2%
2,945,935 +44,000 +1.5% Added
ADP AUTOMATIC DATA PROCESSING
$130.5M
0.2%
1,689,100 −67,875 −3.9% Reduced
BAX BAXTER INTERNATIONAL INC
$122.8M
0.2%
1,669,510 +34,006 +2.1% Added
AAP ADVANCE AUTO PARTS INC
$120.6M
0.2%
953,400 −85,725 −8.2% Reduced
VAREUR VARIAN MEDICAL SYSTEMS INC
$119.1M
0.2%
1,417,963 −587,638 −29.3% Reduced
KN KNOWLES CORP
$117.6M
0.2%
3,724,423 +3,724,423 New
GIS GENERAL MILLS INC
$114.1M
0.2%
2,202,616 +2,202,616 New
ROWAN COMPANIES PLC
$99.0M
0.2%
2,938,141 +889,148 +43.4% Added
BRKR BRUKER CORP
$98.1M
0.2%
4,303,523 −721,017 −14.3% Reduced
ITRI ITRON INC
$95.3M
0.2%
2,680,825 +893,225 +50.0% Added
LRCXEUR LAM RESEARCH CORP
$94.4M
0.2%
1,715,697 −168,648 −8.9% Reduced
HHC* HOWARD HUGHES CORP
$87.9M
0.2%
616,125 −222,225 −26.5% Reduced
MLKN MILLERKNOLL INC
$84.1M
0.2%
2,618,274 −39,774 −1.5% Reduced
CAT CATERPILLAR INC
$81.0M
0.1%
815,176 −149,462 −15.5% Reduced
HOG HARLEY-DAVIDSON INC
$75.3M
0.1%
1,130,054 +14,400 +1.3% Added
ORBOTECH LTD
$71.2M
0.1%
4,625,198 −257,500 −5.3% Reduced
MONSANTO CO NEW
$70.0M
0.1%
615,701 +615,701 New
CRI CARTER'S INC
$68.9M
0.1%
887,100 −628,600 −41.5% Reduced
CMCSA COMCAST CORP-CLASS A
$64.3M
0.1%
1,284,248 −37,902 −2.9% Reduced
PENN PENN ENTERTAINMENT INC
$60.4M
0.1%
4,901,677 −15,616 −0.3% Reduced
AAWWUSD ATLAS AIR WORLDWIDE HOLDINGS
$56.4M
0.1%
1,598,597 +73,497 +4.8% Added
DRCEUR DRESSER-RAND GROUP INC
$55.4M
0.1%
949,062 −1,922,972 −67.0% Reduced
SNA SNAP-ON INC
$47.6M
0.1%
419,155 −81,096 −16.2% Reduced
NKE NIKE INC -CL B
$44.3M
0.1%
599,643 −69,163 −10.3% Reduced
GEF GREIF INC-CL A
$27.6M
0.0%
525,090 −535 −0.1% Reduced
BLOUNT INTL INC NEW
$27.5M
0.0%
2,314,523 +11,500 +0.5% Added
MANITOWOC INC
$25.8M
0.0%
818,980 −10,645 −1.3% Reduced
CMA COMERICA INC
$25.4M
0.0%
489,410 −13,330 −2.7% Reduced
HNI HNI CORP
$18.0M
0.0%
493,410 +210,335 +74.3% Added
TMK TORCHMARK CORP
$18.0M
0.0%
229,025 −18,650 −7.5% Reduced
LP1 LEGGETT & PLATT INC
$17.1M
0.0%
524,748 −62,767 −10.7% Reduced
MICROS SYS INC
$15.0M
0.0%
283,348 +10,698 +3.9% Added
DIS WALT DISNEY CO
$14.6M
0.0%
182,323 −42,660 −19.0% Reduced
BRK/A BERKSHIRE HATHAWAY INC-CL A
$8.8M
0.0%
47 −3 −6.0% Reduced
DISCKUSD DISCOVERY INC-C
$5.0M
0.0%
64,920 −17,737 −21.5% Reduced
HOSPIRA INC
$3.9M
0.0%
90,496 −4,269,271 −97.9% Reduced
BRK/B BERKSHIRE HATHAWAY INC-CL B
$3.5M
0.0%
27,908 +3,640 +15.0% Added
CXOEUR CONCHO RESOURCES INC
$2.7M
0.0%
21,984 −219,866 −90.9% Reduced
MRK MERCK & CO. INC.
$2.7M
0.0%
47,008 −1,753,941 −97.4% Reduced
NWSA NEWS CORP - CLASS A
$2.6M
0.0%
153,600 +153,600 New
IBM INTL BUSINESS MACHINES CORP
$2.6M
0.0%
13,678 −160 −1.2% Reduced
DKS DICK'S SPORTING GOODS INC
$2.3M
0.0%
42,550 +850 +2.0% Added
ABBV ABBVIE INC
$2.3M
0.0%
44,191 −1,865 −4.0% Reduced
KO COCA-COLA CO
$2.1M
0.0%
54,740 −2,400 −4.2% Reduced
FIDELITY NATIONAL FINANCIAL
$2.0M
0.0%
64,375 +64,375 New
GENERAL ELECTRIC CO
$2.0M
0.0%
75,907 −1,046 −1.4% Reduced
JNJ JOHNSON & JOHNSON
$1.9M
0.0%
18,998 +300 +1.6% Added
WALGREEN CO
$1.8M
0.0%
27,200 −600 −2.2% Reduced
ABT ABBOTT LABORATORIES
$1.7M
0.0%
44,178 Held
CSWC CAPITAL SOUTHWEST CORP
$1.6M
0.0%
45,928 −9,600 −17.3% Reduced
SBUX STARBUCKS CORP
$1.5M
0.0%
21,100 Held
HUBBELL INC
$1.4M
0.0%
11,920 Held
TMO THERMO FISHER SCIENTIFIC INC
$1.4M
0.0%
11,698 Held
PFE PFIZER INC
$1.3M
0.0%
41,617 +400 +1.0% Added
NEWFIELD EXPL CO
$1.1M
0.0%
35,800 −2,112,734 −98.3% Reduced
BMY BRISTOL-MYERS SQUIBB CO
$1.1M
0.0%
21,600 −8,424 −28.1% Reduced
DDS DILLARDS INC-CL A
$1.1M
0.0%
11,825 +11,825 New
RGA REINSURANCE GROUP OF AMERICA
$1.0M
0.0%
13,100 +13,100 New
TG7 TRIUMPH GROUP INC
$940K
0.0%
14,560 −3,021,836 −99.5% Reduced
LYV 2.875 07/15/27 PRN LIVE NATION ENTERTAINMEN
$840K
0.0%
828,000 Held
COP CONOCOPHILLIPS
$809K
0.0%
11,500 Held
CELG CELGENE CORP
$734K
0.0%
5,258 Held
DU PONT E I DE NEMOURS & CO
$675K
0.0%
10,060 +110 +1.1% Added
PG PROCTER & GAMBLE CO
$646K
0.0%
8,009 −1,200 −13.0% Reduced
PEP PEPSICO INC
$643K
0.0%
7,702 Held
MCGRAW HILL FINL INC
$610K
0.0%
8,000 Held
DHR DANAHER CORP
$480K
0.0%
6,400 +100 +1.6% Added
DISCAUSD DISCOVERY INC - A
$480K
0.0%
5,809 −1,602 −21.6% Reduced
CYS INVTS INC
$472K
0.0%
57,142 Held
CVX CHEVRON CORP
$448K
0.0%
3,768 −39,800 −91.4% Reduced
EXPRESS SCRIPTS HLDG CO
$445K
0.0%
5,924 −71 −1.2% Reduced
LINEAR TECHNOLOGY CORP
$419K
0.0%
8,600 −3,400 −28.3% Reduced
KAPSTONE PAPER & PACKAGING C
$410K
0.0%
14,200 +7,100 +100.0% Added
PSX PHILLIPS 66
$408K
0.0%
5,300 Held
KEL KELLANOVA
$401K
0.0%
6,400 Held
ALL ALLSTATE CORP
$396K
0.0%
6,991 −300 −4.1% Reduced
ADM ARCHER-DANIELS-MIDLAND CO
$393K
0.0%
9,050 Held
AMGN AMGEN INC
$377K
0.0%
3,055 Held
HONGBP HONEYWELL INTERNATIONAL INC
$331K
0.0%
3,569 −2,000 −35.9% Reduced
MO ALTRIA GROUP INC
$321K
0.0%
8,582 Held
MB FINANCIAL INC NEW
$302K
0.0%
9,769 Held
UNUSD UNILEVER N V -NY SHARES
$287K
0.0%
6,989 Held
PLUM CREEK TIMBER CO INC
$286K
0.0%
6,800 −850 −11.1% Reduced
NTRS NORTHERN TRUST CORP
$285K
0.0%
4,350 Held
SLB SLB LTD
$273K
0.0%
2,800 −45 −1.6% Reduced
CNI CANADIAN NATL RAILWAY CO
$253K
0.0%
4,500 Held
AETNA INC NEW
$219K
0.0%
2,920 Held
LLY ELI LILLY & CO
$218K
0.0%
3,700 +3,700 New

Sold positions

23 closed in Q1 2014 · shares & value as of prior filing
Holding Shares sold Prior value
DGX QUEST DIAGNOSTICS INC
4,268,300 $228.5M
ENCANA CORP
8,320,350 $150.2M
SIG SIGNET JEWELERS LTD
1,742,797 $137.2M
FIFTH & PAC COS INC
697,000 $22.4M
CR1USD CRANE CO
274,990 $18.5M
EMR EMERSON ELECTRIC CO
214,250 $15.0M
BA BOEING CO
85,054 $11.6M
CNO CNO FINANCIAL GROUP INC
505,600 $8.9M
TM TOYOTA MOTOR CORP -SPON ADR
59,600 $7.3M
UTI WORLDWIDE INC
132,950 $2.3M
MET METLIFE INC
37,602 $2.0M
ESTERLINE TECHNOLOGIES CORP
18,950 $1.9M
KR KROGER CO
40,627 $1.6M
KINDER MORGAN ENERGY PARTNER
9,200 $742K
BBBYEUR 20230930-DK-BUTTERFLY-1 INC
4,000 $321K
MDLZ MONDELEZ INTERNATIONAL INC-A
9,004 $318K
LBTYAUSD LIBERTY GLOBAL PLC-A
2,925 $260K
RRC RANGE RESOURCES CORP
3,000 $253K
RDS/A SHELL PLC-SPON ADR-A
3,222 $230K
BP BP PLC-SPONS ADR
4,328 $210K
LIBERTY MEDIA CORP DELAWARE
1,405 $206K
GWW WW GRAINGER INC
800 $204K
NRT NORTH EUROPEAN OIL RTY TRUST
10,200 $204K

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.