whalepapers
Overview/ Harris Associates L P/ Q1 2016

Harris Associates L P

Bill Nygren · As of Q1 2016 · filed May 11, 2016

Q1 2016

Holdings

123 positions · Δ vs prior quarter
GM GENERAL MOTORS CO
$2.47B
4.6%
78,563,924 −2,519,588 −3.1% Reduced
ORCL ORACLE CORP
$1.95B
3.7%
47,717,681 −2,548,950 −5.1% Reduced
BAC BANK OF AMERICA CORP
$1.95B
3.7%
144,293,742 +5,398,390 +3.9% Added
AIG AMERICAN INTERNATIONAL GROUP
$1.91B
3.6%
35,326,117 −3,056,132 −8.0% Reduced
TEL1USD TE CONNECTIVITY LTD
$1.79B
3.4%
28,968,143 −132,179 −0.5% Reduced
JPM JPMORGAN CHASE & CO
$1.73B
3.2%
29,150,469 −2,796,888 −8.8% Reduced
MA MASTERCARD INC - A
$1.59B
3.0%
16,853,582 −991,100 −5.6% Reduced
GOOG ALPHABET INC-CL C
$1.48B
2.8%
1,984,003 −187,269 −8.6% Reduced
GENERAL ELECTRIC CO
$1.46B
2.7%
45,834,885 −4,412,358 −8.8% Reduced
WFC WELLS FARGO & CO
$1.44B
2.7%
29,706,576 −3,010,296 −9.2% Reduced
INTC INTEL CORP
$1.41B
2.7%
43,695,178 −7,764,000 −15.1% Reduced
C CITIGROUP INC
$1.20B
2.3%
28,688,029 +2,172,579 +8.2% Added
CAT CATERPILLAR INC
$1.16B
2.2%
15,144,200 −1,955,372 −11.4% Reduced
CMI CUMMINS INC
$1.06B
2.0%
9,636,502 −1,501,173 −13.5% Reduced
MSFT MICROSOFT CORP
$987.4M
1.9%
17,878,229 −3,719,038 −17.2% Reduced
AON PLC
$926.7M
1.7%
8,872,540 −2,687,514 −23.2% Reduced
BIDU BAIDU INC - SPON ADR
$895.8M
1.7%
4,692,943 +496,188 +11.8% Added
GS GOLDMAN SACHS GROUP INC
$848.5M
1.6%
5,405,384 +840,555 +18.4% Added
AMAT APPLIED MATERIALS INC
$826.1M
1.6%
39,002,495 −5,889,413 −13.1% Reduced
9990302D APACHE CORP
$790.9M
1.5%
16,203,627 −1,158,826 −6.7% Reduced
TV GRUPO TELEVISA SA-SPON ADR
$678.8M
1.3%
24,718,062 +9,656,372 +64.1% Added
UNH UNITEDHEALTH GROUP INC
$668.8M
1.3%
5,188,614 −77,150 −1.5% Reduced
V VISA INC-CLASS A SHARES
$624.2M
1.2%
8,161,605 −2,269,499 −21.8% Reduced
LIBERTY INTERACTIVE CORP
$621.6M
1.2%
24,617,121 −255,359 −1.0% Reduced
DEO DIAGEO PLC-SPONSORED ADR
$615.0M
1.2%
5,700,967 −28,778 −0.5% Reduced
GOOGL ALPHABET INC-CL A
$611.4M
1.2%
801,371 −81,663 −9.2% Reduced
COF CAPITAL ONE FINANCIAL CORP
$606.7M
1.1%
8,752,746 −200,150 −2.2% Reduced
WTW WILLIS TOWERS WATSON PLC
$605.9M
1.1%
5,106,124 +5,106,124 New
APC3EUR ANADARKO PETROLEUM CORP
$562.0M
1.1%
12,067,045 −5,097,735 −29.7% Reduced
FNF FIDELITY NATIONAL FINANCIAL
$543.7M
1.0%
16,037,452 −423,950 −2.6% Reduced
BLKCHF BLACKROCK INC
$536.6M
1.0%
1,575,554 −324,696 −17.1% Reduced
CVS CVS HEALTH CORP
$535.6M
1.0%
5,163,089 −1,365 −0.0% Reduced
PFG PRINCIPAL FINANCIAL GROUP
$489.2M
0.9%
12,401,653 +2,194,285 +21.5% Added
MLCO MELCO RESORTS & ENTERT-ADR
$484.6M
0.9%
29,353,401 −9,110,380 −23.7% Reduced
CBRE CBRE GROUP INC - A
$480.1M
0.9%
16,660,322 +1,285,905 +8.4% Added
TXN TEXAS INSTRUMENTS INC
$470.7M
0.9%
8,197,790 −11,985 −0.1% Reduced
UNP UNION PACIFIC CORP
$469.9M
0.9%
5,907,296 −4,793,940 −44.8% Reduced
AFL AFLAC INC
$459.6M
0.9%
7,278,514 −392,353 −5.1% Reduced
FDX FEDEX CORP
$456.3M
0.9%
2,804,286 −604,385 −17.7% Reduced
DOV DOVER CORP
$452.2M
0.9%
7,029,899 −43,830 −0.6% Reduced
STT STATE STREET CORP
$449.7M
0.8%
7,684,829 +2,369,584 +44.6% Added
BNY BANK OF NEW YORK MELLON CORP
$446.3M
0.8%
12,117,191 −132,560 −1.1% Reduced
MONSANTO CO NEW
$441.5M
0.8%
5,032,156 −172,540 −3.3% Reduced
ALLY ALLY FINANCIAL INC
$438.2M
0.8%
23,409,750 +8,016,497 +52.1% Added
WOO FOOT LOCKER INC
$431.3M
0.8%
6,686,197 −4,948 −0.1% Reduced
PH PARKER HANNIFIN CORP
$426.0M
0.8%
3,835,427 −506,870 −11.7% Reduced
WHR WHIRLPOOL CORP
$416.3M
0.8%
2,308,220 −32,175 −1.4% Reduced
AAPL APPLE INC
$400.9M
0.8%
3,678,302 −3,242,924 −46.9% Reduced
ADP AUTOMATIC DATA PROCESSING
$386.7M
0.7%
4,310,940 −336,430 −7.2% Reduced
IPG INTERPUBLIC GROUP OF COS INC
$382.6M
0.7%
16,672,186 −1,733,212 −9.4% Reduced
NOVEUR NATIONAL OILWELL VARCO INC
$373.4M
0.7%
12,005,205 +2,345,190 +24.3% Added
PM PHILIP MORRIS INTERNATIONAL
$368.7M
0.7%
3,758,227 −128,200 −3.3% Reduced
CHARTER COMMUNICATIONS INC D
$357.5M
0.7%
1,766,187 −277,110 −13.6% Reduced
AMT TD AMERITRADE HOLDING CORP
$354.5M
0.7%
11,244,369 −66,300 −0.6% Reduced
TIFEUR TIFFANY & CO
$348.9M
0.7%
4,754,695 −228,377 −4.6% Reduced
BWA BORGWARNER INC
$326.5M
0.6%
8,503,878 +81,425 +1.0% Added
QCOM QUALCOMM INC
$306.5M
0.6%
5,992,849 −165,940 −2.7% Reduced
KMX CARMAX INC
$303.2M
0.6%
5,933,565 +467,861 +8.6% Added
CMCSA COMCAST CORP-CLASS A
$302.1M
0.6%
4,945,232 −870,352 −15.0% Reduced
UNILEVER PLC
$293.3M
0.6%
6,491,503 −1,484,749 −18.6% Reduced
FLS FLOWSERVE CORP
$292.5M
0.6%
6,586,715 −1,629,735 −19.8% Reduced
FIAT CHRYSLER AUTOMOBILES N
$276.2M
0.5%
34,263,926 +5,086,550 +17.4% Added
MDT MEDTRONIC PLC
$274.1M
0.5%
3,654,284 −2,734,063 −42.8% Reduced
BAKER HUGHES INC
$262.2M
0.5%
5,983,321 −1,099,247 −15.5% Reduced
NWSA NEWS CORP - CLASS A
$259.2M
0.5%
20,294,581 −623,590 −3.0% Reduced
ROK ROCKWELL AUTOMATION INC
$256.3M
0.5%
2,252,796 −6,700 −0.3% Reduced
HAL HALLIBURTON CO
$247.1M
0.5%
6,917,342 −220,265 −3.1% Reduced
TRCO TRIBUNE MEDIA CO - A
$243.4M
0.5%
6,348,046 +358,511 +6.0% Added
RGA REINSURANCE GROUP OF AMERICA
$242.5M
0.5%
2,519,325 −15,475 −0.6% Reduced
THC TENET HEALTHCARE CORP
$239.4M
0.5%
8,273,593 −73,075 −0.9% Reduced
USB US BANCORP
$226.4M
0.4%
5,578,656 +102,750 +1.9% Added
SNY SANOFI-ADR
$223.8M
0.4%
5,571,835 −203,205 −3.5% Reduced
CALPINE CORP
$223.0M
0.4%
14,700,023 −9,281 −0.1% Reduced
BEN FRANKLIN TEMPLETON INC
$211.4M
0.4%
5,413,216 −281,335 −4.9% Reduced
BAX BAXTER INTERNATIONAL INC
$209.8M
0.4%
5,106,845 +5,106,845 New
TROW T ROWE PRICE GROUP INC
$184.3M
0.3%
2,508,991 −651,002 −20.6% Reduced
U S G CORP
$171.0M
0.3%
6,890,450 −24,500 −0.4% Reduced
HSN INC
$169.7M
0.3%
3,243,799 −2,200 −0.1% Reduced
HHC* HOWARD HUGHES CORP
$165.4M
0.3%
1,561,723 +496,077 +46.6% Added
LEA LEAR CORP
$158.7M
0.3%
1,427,134 +154,500 +12.1% Added
HOG HARLEY-DAVIDSON INC
$154.3M
0.3%
3,006,974 −458,640 −13.2% Reduced
KATE SPADE & CO
$146.5M
0.3%
5,739,020 +468,900 +8.9% Added
ITRI ITRON INC
$134.7M
0.3%
3,229,160 +72,470 +2.3% Added
OSK OSHKOSH CORP
$132.1M
0.2%
3,232,100 +1,939,400 +150.0% Added
CNC CENTENE CORP
$122.8M
0.2%
1,994,904 +1,994,904 New
LYV LIVE NATION ENTERTAINMENT IN
$119.7M
0.2%
5,366,552 +66,622 +1.3% Added
CMA COMERICA INC
$112.8M
0.2%
2,978,787 +2,507,836 +532.5% Added
MANITOWOC FOODSERVICE INC
$97.5M
0.2%
6,616,424 +6,616,424 New
GWW WW GRAINGER INC
$95.5M
0.2%
409,043 −379,720 −48.1% Reduced
CRI CARTER'S INC
$88.3M
0.2%
837,616 −9,409 −1.1% Reduced
JLL JONES LANG LASALLE INC
$86.5M
0.2%
737,495 +737,495 New
CHKP CHECK POINT SOFTWARE TECH
$86.2M
0.2%
985,377 +90,227 +10.1% Added
GLPI GAMING AND LEISURE PROPERTIE
$84.0M
0.2%
2,715,871 +970,970 +55.6% Added
ITW ILLINOIS TOOL WORKS
$66.8M
0.1%
652,496 −540,393 −45.3% Reduced
8L8C LIBERTY BROADBAND-C
$59.8M
0.1%
1,032,610 +498,988 +93.5% Added
HCA HCA HEALTHCARE INC
$54.8M
0.1%
702,541 +702,541 New
AXTA AXALTA COATING SYSTEMS LTD
$53.9M
0.1%
1,844,440 −84,710 −4.4% Reduced
MLKN MILLERKNOLL INC
$48.4M
0.1%
1,568,415 −443,987 −22.1% Reduced
HERTZ GLOBAL HOLDINGS INC
$48.4M
0.1%
4,593,800 +1,830,450 +66.2% Added
WCC WESCO INTERNATIONAL INC
$46.8M
0.1%
856,275 −532,066 −38.3% Reduced
QIAGEN NV
$45.8M
0.1%
2,049,700 +1,792,900 +698.2% Added
ETRA E*TRADE FINANCIAL CORP
$33.9M
0.1%
1,383,630 +48,724 +3.6% Added
DDS DILLARDS INC-CL A
$32.0M
0.1%
376,657 −477,629 −55.9% Reduced
BR BROADRIDGE FINANCIAL SOLUTIO
$31.5M
0.1%
531,502 −1,410,498 −72.6% Reduced
MANITOWOC INC
$28.7M
0.1%
6,618,224 +23,400 +0.4% Added
CDW CDW CORP/DE
$28.4M
0.1%
683,115 +352,023 +106.3% Added
SCHW SCHWAB (CHARLES) CORP
$27.4M
0.1%
979,069 +979,069 New
CHKEUR CHESAPEAKE ENERGY CORP
$27.4M
0.1%
6,647,700 −43,656,950 −86.8% Reduced
BLOUNT INTL INC NEW
$19.6M
0.0%
1,964,544 Held
BRKR BRUKER CORP
$16.7M
0.0%
596,500 −5,354,498 −90.0% Reduced
MGM MGM RESORTS INTERNATIONAL
$14.6M
0.0%
682,000 +682,000 New
LRCXEUR LAM RESEARCH CORP
$13.5M
0.0%
163,437 −158,013 −49.2% Reduced
TMK TORCHMARK CORP
$6.8M
0.0%
125,026 Held
AXP AMERICAN EXPRESS CO
$4.9M
0.0%
79,205 −6,393,508 −98.8% Reduced
AMZN AMAZON.COM INC
$4.3M
0.0%
7,316 −30,609 −80.7% Reduced
ORBOTECH LTD
$4.2M
0.0%
175,988 −1,840,724 −91.3% Reduced
OII OCEANEERING INTL INC
$2.5M
0.0%
76,200 −3,058,050 −97.6% Reduced
VWR CORP
$2.1M
0.0%
76,200 +76,200 New
T AT&T INC
$1.7M
0.0%
43,343 +92 +0.2% Added
AGCO AGCO CORP
$1.2M
0.0%
23,625 −4,100 −14.8% Reduced
DKS DICK'S SPORTING GOODS INC
$809K
0.0%
17,300 −28,075 −61.9% Reduced
CITUSD CIT GROUP INC
$786K
0.0%
25,325 +25,325 New
SIG SIGNET JEWELERS LTD
$266K
0.0%
34 +34 New

Sold positions

12 closed in Q1 2016 · shares & value as of prior filing
Holding Shares sold Prior value
WILLIS GROUP HOLDINGS PUBLIC
15,653,299 $760.3M
HEALTH NET INC
4,302,367 $294.5M
GIS GENERAL MILLS INC
4,165,823 $240.2M
PRECISION CASTPARTS CORP
669,685 $155.4M
DNOW DNOW INC
4,104,289 $64.9M
ROWAN COMPANIES PLC
2,097,650 $35.6M
KN KNOWLES CORP
1,898,871 $25.3M
LVS LAS VEGAS SANDS CORP
534,515 $23.4M
SCCO SOUTHERN COPPER CORP
100,000 $2.6M
HD HOME DEPOT INC
1,953 $258K
UNUSD UNILEVER N V -NY SHARES
4,800 $208K
UPLEUR ULTRA PETROLEUM CORP
11,200 $28K

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.