HARRIS ASSOCIATES L P

Other Low signal CIK 813917
League rank
#1603
in Other · #6610 overall
Long book
$74.88B
Q1 2026
Positions
156
Top-10 weight
31%
concentration
Last quarter
+7.4%
SPY +14.8%
Turnover
23%
of book per quarter

Strategy in plain words

auto-generated from filings

HARRIS ASSOCIATES L P is an institutional manager, running a $74.88B US long book across 156 positions.

The portfolio is moderately concentrated (top 10 ≈ 31% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SALESFORCE INC, INTERCONTINENTAL EXCHANGE IN, KEURIG DR PEPPER INC, AIRBNB INC-CLASS A, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-4.7%
Q2 2024
+8.1%
Q3 2024
+3.4%
Q4 2024
+0.1%
Q1 2025
+4.2%
Q2 2025
+3.6%
Q3 2025
+5.9%
Q4 2025
-3.6%
Q1 2026
+7.4%

Sector allocation

Financials
31%
Services media
13%
Healthcare
10%
Technology
10%
Industrials
8%
Energy
7%
Consumer staples
6%
Consumer discretionary
6%

Long book by quarter

$61.82B
Q1 2024
$59.08B
Q2 2024
$60.82B
Q3 2024
$60.34B
Q4 2024
$59.55B
Q1 2025
$61.50B
Q2 2025
$62.38B
Q3 2025
$78.81B
Q4 2025
$74.88B
Q1 2026

What does HARRIS own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CRM SALESFORCE INCTechnology14.9M$2.78B3.7%+52.4%
ICE INTERCONTINENTAL EXCHANGE INFinancials16.3M$2.57B3.4%+4.9%
KDP KEURIG DR PEPPER INCConsumer staples93.1M$2.45B3.3%+7.9%
ABNB AIRBNB INC-CLASS AServices media19.2M$2.42B3.2%+2.5%
GOOGL ALPHABET INC-CL ATechnology8.4M$2.41B3.2%-5.9%
COP CONOCOPHILLIPSEnergy17.4M$2.30B3.1%-27.4%
TRGP TARGA RESOURCES CORPUtilities8.7M$2.19B2.9%-10.3%
IQV IQVIA HOLDINGS INCHealthcare12.2M$2.08B2.8%+7.6%
SCHW SCHWAB (CHARLES) CORPFinancials21.8M$2.05B2.7%-1.0%
COF CAPITAL ONE FINANCIAL CORPFinancials10.4M$1.89B2.5%-4.3%
FCNCA FIRST CITIZENS BCSHS -CL AFinancials948.1K$1.79B2.4%+2.1%
WTW WILLIS TOWERS WATSON PLCFinancials6.0M$1.75B2.3%+7.2%
PSX PHILLIPS 66Energy9.1M$1.66B2.2%-34.7%
AIG AMERICAN INTERNATIONAL GROUPFinancials20.6M$1.55B2.1%-7.0%
MRK MERCK & CO. INC.Healthcare12.4M$1.49B2.0%-12.2%
ELV ELEVANCE HEALTH INCFinancials4.8M$1.40B1.9%0.0%
CTVA CORTEVA INCConsumer staples16.7M$1.39B1.9%-2.2%
EFX EQUIFAX INCServices media7.5M$1.36B1.8%-0.4%
DAL DELTA AIR LINES INCIndustrials18.0M$1.20B1.6%-8.5%
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare13.0M$1.17B1.6%+5.7%
GEHC GE HEALTHCARE TECHNOLOGYHealthcare15.6M$1.11B1.5%-1.6%
FISV FISERV INCServices media19.7M$1.10B1.5%+26.9%
C CITIGROUP INCFinancials9.3M$1.05B1.4%-7.7%
ALLY ALLY FINANCIAL INCFinancials26.4M$1.04B1.4%-2.3%
GM GENERAL MOTORS COIndustrials13.5M$1.00B1.3%-22.7%
AMZN AMAZON.COM INCConsumer discretionary4.8M$991.5M1.3%+6.7%
RGA REINSURANCE GROUP OF AMERICAFinancials4.9M$990.3M1.3%+13.8%
NFLX NETFLIX INCServices media9.9M$948.0M1.3%+30200.5%
BAC BANK OF AMERICA CORPFinancials18.9M$921.8M1.2%-4.8%
UNP UNION PACIFIC CORPIndustrials3.8M$917.7M1.2%+3.4%
WBD WARNER BROS DISCOVERY INCCommunications32.9M$902.7M1.2%-58.3%
MRSH MARSH & MCLENNAN COSFinancials5.2M$896.6M1.2%New
WFC WELLS FARGO & COFinancials11.0M$874.4M1.2%-14.9%
CBRE CBRE GROUP INC - AReal estate6.4M$869.9M1.2%-7.3%
CHTR CHARTER COMMUNICATIONS INC-ACommunications4.0M$861.2M1.2%-8.2%
AER AERCAP HOLDINGS NVServices media5.9M$809.6M1.1%+1.0%
CG CARLYLE GROUP INC/THEFinancials16.6M$802.5M1.1%+9.1%
GPN GLOBAL PAYMENTS INCServices media11.9M$797.9M1.1%+4.5%
SYY SYSCO CORPConsumer discretionary11.0M$785.3M1.0%+39.1%
NKE NIKE INC -CL BOther14.8M$780.5M1.0%-1.2%
STT STATE STREET CORPFinancials6.1M$778.1M1.0%-2.5%
CMCSA COMCAST CORP-CLASS ACommunications26.4M$759.3M1.0%-3.7%
SUNB SUNBELT RENTALS HOLDINGS INCServices media11.7M$758.5M1.0%New
MPC MARATHON PETROLEUM CORPEnergy2.8M$685.2M0.9%-30.4%
NDAQ NASDAQ INCFinancials8.0M$680.0M0.9%-7.1%
CDW CDW CORP/DEConsumer discretionary5.4M$651.5M0.9%+18.9%
CNH CNH INDUSTRIAL NVIndustrials58.1M$639.4M0.9%-20.8%
AMRZ AMRIZE LTDIndustrials11.3M$635.5M0.8%-0.3%
ROP ROPER TECHNOLOGIES INCTechnology1.7M$612.0M0.8%New
EOG EOG RESOURCES INCEnergy4.1M$597.3M0.8%-44.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026224$75.03B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026228$79.12B canonicalSEC ↗
Q3 202513F-HRNov 14, 2025235$62.38B canonicalSEC ↗
Q2 202513F-HRAug 14, 2025231$61.50B canonicalSEC ↗
Q1 202513F-HRMay 15, 2025216$59.55B canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025211$75.99B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024203$76.62B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024190$59.08B canonicalSEC ↗
Q1 202413F-HRMay 15, 2024192$61.82B canonicalSEC ↗