13F filing recap · Q2 2015

What did Harris Associates buy in Q2 2015?

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

$62.65B

Positions

139

Estimated turnover

10.0%

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

FCAUFiat Chrysler Automobiles N.v.$352.30Mreported value+24.25M shares AXPAmerican Express Co$246.97Mreported value+3.18M shares USGUsg Corporation$69.15Mreported value+2.49M shares KATEKate Spade & Company$51.50Mreported value+2.39M shares MTWManitowoc Co Inc$18.63Mreported value+950.5K shares

Increased positions

GMGeneral Motors Company$2.60Breported value+668.3K shares+0.9%BACBank of America Corp$2.37Breported value+1.69M shares+1.2%WFCWells Fargo & Company/mn$2.05Breported value+26.7K shares+0.1%TELTe Connectivity Plc$1.90Breported value+151.5K shares

Reduced positions

AIGAmerican International Group, Inc.$2.42Breported value-240.4K shares-0.6%JPMJPMorgan Chase & Co$2.19Breported value-19.1K shares-0.1%MAMastercard Inc$2.06Breported value-3.21M shares-12.7%ORCLOracle Corporation$2.01Breported value-1.32M shares

Exited positions

RLRalph Lauren Corporation$108.75Mprior reported value-827.0K shares-100.0%ALVAutoliv, Inc.$12.94Mprior reported value-109.8K shares-100.0%BRK.ABerkshire Hathaway Inc$3.92Mprior reported value-18 shares-100.0%BRK.BBerkshire Hathaway Inc$2.30Mprior reported value-15.9K shares