Harris Associates: full 13F, sectors and history

What changed this quarter

142 positions with a change (12 new, 47 added to, 77 trimmed, 6 sold); also, 1 exited through an acquisition or merger. 10 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Phillips 66−81%fewer sharesReduced
  2.2% → 0.4%
• Alphabet−25%fewer sharesReduced
  3.2% → 3.0%
• Warner Bros. Discovery−85%fewer sharesReduced
  1.2% → 0.2%
• Marathon Petroleum−92%fewer sharesReduced
  0.9% → 0.1%
• Marsh & Mclennan Companies+68%more sharesIncreased
  1.2% → 1.9%
• Charter Communications−98%fewer sharesReduced
  1.2% → under 0.1%
• EOG Resources−94%fewer sharesReduced
  0.8% → under 0.1%
• Comcast−73%fewer sharesReduced
  1.0% → 0.2%
• Sysco+48%more sharesIncreased
  1.0% → 1.8%
• Equitable Holdings+33,495%more sharesIncreased
  under 0.1% → 0.6%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Keurig Dr PepperKDP4.0%
• AlphabetGOOGL · GOOG3.9%
• AirbnbABNB3.6%
• SalesforceCRM3.4%
• IQVIA HoldingsIQV3.1%
• Capital One FinancialCOF3.1%
• Charles SchwabSCHW3.0%
• Intercontinental ExchangeICE3.0%
• Targa ResourcesTRGP2.8%
• First Citizens BancsharesFCNCA2.5%
• Elevance HealthELV2.5%
• Delta Air LinesDAL2.2%
• ConocoPhillipsCOP2.1%
• MerckMRK2.1%
• Willis Towers WatsonWTW2.1%
• American International GroupAIG2.0%
• Marsh & Mclennan CompaniesMRSH1.9%
• CortevaCTVA1.8%
• SyscoSYY1.8%
• Bank of AmericaBAC1.8%
• CitigroupC1.6%
• Ally FinancialALLY1.6%
• EquifaxEFX1.6%
• Amazon.comAMZN1.5%
• Zimmer Biomet HoldingsZBH1.5%
• FiservFISV1.4%
• Union PacificUNP1.4%
• General MotorsGM1.4%
• Reinsurance Group of AmericaRGA1.3%
• GE Healthcare TechnologiesGEHC1.3%
• AerCap HoldingsAER1.3%
• Global PaymentsGPN1.2%
• Wells FargoWFC1.2%
• CBRE GroupCBRE1.1%
• State StreetSTT1.1%
• NetflixNFLX1.0%
• Sunbelt Rentals HoldingsSUNB1.0%
• CDWCDW1.0%
• IconICLR1.0%
• AmrizeAMRZ1.0%
• Carlyle GroupCG1.0%
• Corebridge FinancialCRBG1.0%
• CenteneCNC1.0%
• MascoMAS0.9%
• Roper TechnologiesROP0.9%
• CNH IndustrialCNH0.9%
• NasdaqNDAQ0.8%
• TE ConnectivityTEL0.8%
• NikeNKE0.8%
• AdobeADBE0.8%
• Synchrony FinancialSYF0.8%
• Raymond James FinancialRJF0.7%
• Lithia MotorsLAD0.7%
• Charles River Laboratories InternationalCRL0.7%
• Genuine PartsGPC0.6%
• Constellation BrandsSTZ0.6%
• Paycom SoftwarePAYC0.6%
• Fortune Brands InnovationsFBIN0.6%
• Equitable HoldingsEQH0.6%
• GartnerIT0.5%
• Becton, DickinsonBDX0.5%
• AccentureACN0.5%
• Mondelez InternationalMDLZ0.4%
• Phillips 66PSX0.4%
• Booking HoldingsBKNG0.4%
• CoupangCPNG0.3%
• VisaV0.3%
• Molina HealthcareMOH0.3%
• DeereDE0.3%
• Fomento Economico Mexicano SFMX0.3%
• ComcastCMCSA0.2%
• Owens CorningOC0.2%
• BrunswickBC0.2%
• HaleonHLN0.2%
• ABM IndustriesABM0.2%
• Warner Bros. DiscoveryWBD0.2%
• Vail ResortsMTN0.1%
• OracleORCL0.1%
• Liberty BroadbandLBRDK0.1%
• Envista HoldingsNVST0.1%
• THOR IndustriesTHO0.1%
• American ExpressAXP0.1%
• HCA HealthcareHCA0.1%
• Marathon PetroleumMPC0.1%
• Cooper CompaniesCOO0.1%
• MastercardMA0.1%
• Ryanair HoldingsRYAAY0.1%
• Wendy'sWEN0.1%
• Allison Transmission HoldingsALSN0.1%
• Warner Music GroupWMG0.1%
• BlackRockBLK0.1%
• AppleAAPL0.1%
• CVS HealthCVSunder 0.1%
• Colliers International GroupCIGIunder 0.1%
• EOG ResourcesEOGunder 0.1%
• Ermenegildo ZegnaZGNunder 0.1%
• KKRKKRunder 0.1%
• Hilton Worldwide HoldingsHLTunder 0.1%
• Goldman Sachs GroupGSunder 0.1%