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Livermore
Livermore
ZHEN

Harris Associates (Oakmark)

Superinvestor

Harris Associates L P

SEC CIK
0000813917
Manager
Bill Nygren
Style
Value
Latest filing
Aug 14, 2026

The latest 13F from Harris Associates (Oakmark) covers Q2 2026 (filed Aug 14, 2026): 161 long positions worth $75.2B. The top 10 holdings make up 31.5% of the portfolio, and the largest is Keurig Dr Pepper Inc. (KDP) at 4.0%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
12
Est. +$342.2M
Added
51
Est. +$4.32B
Reduced
84
Est. −$7.16B
Sold out
7
Est. −$184.1M

Top 5 holdings

Share of this quarter's portfolio value

  1. KDPKeurig Dr Pepper Inc.
    4.0%$3.04BHistory
  2. ABNBAirbnb, Inc.
    3.6%$2.70BHistory
  3. CRMSalesforce, Inc.
    3.4%$2.53BHistory
  4. IQVIQVIA Holdings Inc.
    3.1%$2.35BHistory
  5. COFCapital One Financial Corp
    3.1%$2.31BHistory

Share of portfolio

Top 5 holdings and the other 156 positions, by share of portfolio value

  1. KDP4.0%
  2. ABNB3.6%
  3. CRM3.4%
  4. IQV3.1%
  5. COF3.1%
  6. Other 156 positions82.8%

Biggest buys

New and added positions, by estimated amount bought

  1. MRSHMarsh & McLennan Companies, Inc.
    +$586.4MAddedHistory
  2. SYYSysco Corp
    +$441.6MAddedHistory
  3. EQHEquitable Holdings, Inc.
    +$415.1MAddedHistory
  4. GOOGAlphabet Inc.
    +$371.0MAddedHistory
  5. BKNGBooking Holdings Inc.
    +$277.6MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. SYYSysco Corp
    +0.76 pp1.0% → 1.8%History
  2. MRSHMarsh & McLennan Companies, Inc.
    +0.73 pp1.2% → 1.9%History
  3. ELVElevance Health, Inc.
    +0.66 pp1.9% → 2.5%History
  4. GOOGAlphabet Inc.
    +0.57 pp0.3% → 0.9%History
  5. EQHEquitable Holdings, Inc.
    +0.55 pp<0.1% → 0.6%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. PSXPhillips 66
    −$1.25BReducedHistory
  2. GOOGLAlphabet Inc.
    −$760.8MReducedHistory
  3. WBDWarner Bros. Discovery, Inc.
    −$748.4MReducedHistory
  4. MPCMarathon Petroleum Corp
    −$658.9MReducedHistory
  5. CHTRCharter Communications, Inc.
    −$553.5MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. PSXPhillips 66
    −1.83 pp2.2% → 0.4%History
  2. CHTRCharter Communications, Inc.
    −1.13 pp1.2% → <0.1%History
  3. WBDWarner Bros. Discovery, Inc.
    −1.04 pp1.2% → 0.2%History
  4. COPConocoPhillips
    −0.97 pp3.1% → 2.1%History
  5. MPCMarathon Petroleum Corp
    −0.84 pp0.9% → 0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$75.2B
+$279.8M (+0.4%) vs. prior quarter
Positions
161
+5 vs. prior quarter
Top 10 concentration
31.5%
Top 10 as share of value
Turnover
6.2%
Q2 2026, one quarter
Average holding period
14.0 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $78.8B (Q4 2025)

Q1 2021: $58.5BQ2 2021: $62.8BQ3 2021: $62.8BQ4 2021: $64.2BQ1 2022: $75.9BQ2 2022: $62.9BQ3 2022: $59.7BQ4 2022: $49.1BQ1 2023: $51.5BQ2 2023: $53.1BQ3 2023: $51.3BQ4 2023: $58.0BQ1 2024: $61.8BQ2 2024: $59.1BQ3 2024: $76.6BQ4 2024: $76.0BQ1 2025: $59.5BQ2 2025: $61.5BQ3 2025: $62.4BQ4 2025: $78.8BQ1 2026: $74.9BQ2 2026: $75.2B
Q1 2021Q2 2026
13F filings of Harris Associates (Oakmark) by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026161$75.2BKDPABNBCRMvs. Q1 2026SEC
Q1 2026May 15, 2026156$74.9BCRMICEKDPvs. Q4 2025SEC
Q4 2025Feb 17, 2026167$78.8BGOOGLCOFCRMvs. Q3 2025SEC
Q3 2025Nov 14, 2025177$62.4BGOOGLIQVSCHWvs. Q2 2025SEC
Q2 2025Aug 14, 2025171$61.5BGOOGLCOFSCHWvs. Q1 2025SEC
Q1 2025May 15, 2025158$59.5BGOOGLSCHWDEvs. Q4 2024SEC
Q4 2024Feb 14, 2025153$76.0BEnvista Holdings CorpGOOGLIQVvs. Q3 2024SEC
Q3 2024Nov 14, 2024146$76.6BEnvista Holdings CorpGOOGLFISVvs. Q2 2024SEC
Q2 2024Aug 14, 2024132$59.1BGOOGLIQVFISVvs. Q1 2024SEC
Q1 2024May 15, 2024133$61.8BGOOGLIQVCOFvs. Q4 2023SEC
Q4 2023Feb 14, 2024143$58.0BGOOGLCOFIQVvs. Q3 2023SEC
Q3 2023Nov 14, 2023133$51.3BGOOGLCHTRCOFvs. Q2 2023SEC
Q2 2023Aug 14, 2023142$53.1BGOOGLCOFAMZNvs. Q1 2023SEC
Q1 2023May 15, 2023149$51.5BGOOGLAMZNFISVvs. Q4 2022SEC
Q4 2022Feb 14, 2023143$49.1BGOOGLFISVAMZNvs. Q3 2022SEC
Q3 2022Nov 14, 2022141$59.7BPeloton Interactive, Inc.GOOGLFISVvs. Q2 2022SEC
Q2 2022Aug 15, 2022139$62.9BPeloton Interactive, Inc.GOOGLFISVvs. Q1 2022SEC
Q1 2022May 16, 2022141$75.9BPeloton Interactive, Inc.GOOGLFISVvs. Q4 2021SEC
Q4 2021Feb 14, 2022142$64.2BGOOGLFISVBACvs. Q3 2021SEC
Q3 2021Nov 15, 2021137$62.8BGOOGLBACCHTRvs. Q2 2021SEC
Q2 2021Aug 16, 2021136$62.8BGOOGLBACCHTRvs. Q1 2021SEC
Q1 2021May 17, 2021137$58.5BGOOGLBACCNH–SEC

13D and 13G filings

Companies where Harris Associates (Oakmark) reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

13 companies, largest stake first.

Companies where Harris Associates (Oakmark) owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
LADLithia Motors Inc13G/A8.40%1.96M shares–Feb 14, 20242 filingsMay 15, 2026SEC
FCNCAFirst Citizens Bancshares Inc13G/A8.10%928.9K shares–Feb 17, 20261 filingFeb 17, 2026SEC
IQVIQVIA Holdings Inc.13G/A6.80%11.8M shares–Feb 14, 20242 filingsAug 14, 2025SEC
PAYCPaycom Software, Inc.13G/A6.80%3.26M shares+1.10 ppfrom 5.70%Nov 14, 20245 filingsMay 15, 2026SEC
RGAReinsurance Group of America Inc13G/A6.50%4.26M shares+1.40 ppfrom 5.10%Feb 16, 20215 filingsFeb 17, 2026SEC
KDPKeurig Dr Pepper Inc.13G6.30%86.3M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
FBINFortune Brands Innovations, Inc.13G/A6.30%7.58M shares+1.20 ppfrom 5.10%Feb 14, 20252 filingsAug 14, 2025SEC
ZBHZimmer Biomet Holdings, Inc.13G6.20%12.3M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
EFXEquifax Inc13G6.20%7.56M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
WTWWillis Towers Watson PLC13G5.90%5.61M sharesNewFeb 17, 20261 filingFeb 17, 2026SEC
ICLRIcon PLC13G5.70%4.35M sharesNewMay 15, 20261 filingMay 15, 2026SEC
FCNCAFirst Citizens Bancshares Inc13G5.30%667.0K shares+0.40 ppfrom 4.90%Nov 14, 20243 filingsMay 15, 2025SEC
CRBGCorebridge Financial, Inc.13G5.20%25.0M sharesNewMay 15, 20261 filingMay 15, 2026SEC

Latest filings

109 filings on file made by Harris Associates (Oakmark) or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Harris Associates (Oakmark)
CompanyFiled (ET)FormStakeChangeEvent dateFiling
WENWendy's CoMay 15, 20264:21 PM ET13G/A3.10%5.93M shares−2.70 ppfrom 5.80%Below 5%Mar 31, 2026SEC
PAYCPaycom Software, Inc.May 15, 20264:19 PM ET13G/A6.80%3.26M shares+1.10 ppfrom 5.70%Mar 31, 2026SEC
MASMasco CorpMay 15, 20264:18 PM ET13G/A4.20%8.60M shares−1.30 ppfrom 5.50%Below 5%Mar 31, 2026SEC
LADLithia Motors IncMay 15, 20264:13 PM ET13G/A8.40%1.96M shares–Mar 31, 2026SEC
ICLRIcon PLCMay 15, 20264:11 PM ET13G5.70%4.35M sharesNewMar 31, 2026SEC
CRBGCorebridge Financial, Inc.May 15, 20264:09 PM ET13G5.20%25.0M sharesNewMar 31, 2026SEC
CNHCNH Industrial N.V.May 15, 20264:05 PM ET13G/A4.70%58.1M shares−2.00 ppfrom 6.70%Below 5%Mar 31, 2026SEC
ZBHZimmer Biomet Holdings, Inc.Feb 17, 20265:08 PM ET13G6.20%12.3M sharesNewDec 31, 2025SEC
WTWWillis Towers Watson PLCFeb 17, 20265:00 PM ET13G5.90%5.61M sharesNewDec 31, 2025SEC
RGAReinsurance Group of America IncFeb 17, 20264:55 PM ET13G/A6.50%4.26M shares+1.40 ppfrom 5.10%Dec 31, 2025SEC
PAYCPaycom Software, Inc.Feb 17, 20264:47 PM ET13G5.70%3.21M shares+2.10 ppfrom 3.60%Dec 31, 2025SEC
MASMasco CorpFeb 17, 20264:41 PM ET13G5.50%11.5M sharesNewDec 31, 2025SEC
KDPKeurig Dr Pepper Inc.Feb 17, 20264:36 PM ET13G6.30%86.3M sharesNewDec 31, 2025SEC
FCNCAFirst Citizens Bancshares IncFeb 17, 20264:32 PM ET13G/A8.10%928.9K shares–Dec 31, 2025SEC
EFXEquifax IncFeb 17, 20264:25 PM ET13G6.20%7.56M sharesNewDec 31, 2025SEC
APAAPA CorpFeb 17, 20264:16 PM ET13G/A3.30%11.6M shares–Below 5%Dec 31, 2025SEC
BCBrunswick CorpFeb 17, 20264:08 PM ET13G/A3.70%2.44M shares−1.60 ppfrom 5.30%Below 5%Dec 31, 2025SEC
RGAReinsurance Group of America IncNov 14, 20254:05 PM ET13G5.10%3.35M shares–Sep 30, 2025SEC
WENWendy's CoAug 14, 20254:34 PM ET13G5.80%11.1M sharesNewJun 30, 2025SEC
PAYCPaycom Software, Inc.Aug 14, 20254:31 PM ET13G/A3.60%2.08M shares−1.70 ppfrom 5.30%Below 5%Jun 30, 2025SEC