13F filing recap · Q1 2014

What did Harris Associates buy in Q1 2014?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Harris Associates account, including accounts that belong to no fund below.

Stock value

$55.84B

Positions

175

Estimated turnover

19.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

CCitigroup Inc$445.67Mreported value+9.36M shares CBRECbre Group, Inc.$400.71Mreported value+14.61M shares RLRalph Lauren Corporation$300.47Mreported value+1.87M shares SNYSanofi$138.10Mreported value+2.64M shares KNKnowles Corporation$117.58Mreported value+3.72M shares GISGeneral Mills, Inc.$114.14Mreported value+2.20M shares MONMonsanto Company$70.05Mreported value+615.7K shares NWSANews Corporation$2.65Mreported value+153.6K shares FNFFidelity National Financial, Inc.$2.02Mreported value+64.4K shares DDSDillard’s, Inc.$1.09Mreported value+11.8K shares RGAReinsurance Group of America Inc$1.04Mreported value+13.1K shares LLYEli Lilly & Co$218.0Kreported value+3.7K shares

Increased positions

ORCLOracle Corporation$2.80Breported value+381.6K shares+0.6%GMGeneral Motors Company$2.19Breported value+3.40M shares+5.7%BACBank of America Corp$1.86Breported value+2.57M shares+2.4%WFCWells Fargo & Company/mn$1.74Breported value+3.48M shares

Reduced positions

FDXFedex Corporation$1.69Breported value-113.4K shares-0.9%JPMJPMorgan Chase & Co$1.66Breported value-156.4K shares-0.6%AMATApplied Materials Inc /de$1.32Breported value-6.93M shares-9.7%VVisa Inc.$838.28Mreported value-472.3K shares

Exited positions

DGXQuest Diagnostics Inc$228.53Mprior reported value-4.27M shares-100.0%OVVOvintiv Inc.$150.18Mprior reported value-8.32M shares-100.0%SIGSignet Jewelers Limited$137.16Mprior reported value-1.74M shares-100.0%KATEKate Spade & Co$22.35Mprior reported value-697.0K shares