13F filing recap · Q1 2016

What did Harris Associates buy in Q1 2016?

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

$53.12B

Positions

123

Estimated turnover

16.1%

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

WTWWillis Towers Watson PlcMIXED CORP ACTION$605.89Mreported value+5.11M shares BAXBaxter International Inc$209.79Mreported value+5.11M shares CNCCentene Corporation$122.83Mreported value+1.99M shares MFSManitowoc Foodservice Inc$97.53Mreported value+6.62M shares JLLJones Lang Lasalle Incorporated$86.52Mreported value+737.5K shares HCAHCA Healthcare, Inc.$54.83Mreported value+702.5K shares SCHWSchwab Charles Corp$27.43Mreported value+979.1K shares MGMMgm Resorts International$14.62Mreported value+682.0K shares VWRVwr Corporation$2.06Mreported value+76.2K shares CITCit Group Inc$786.0Kreported value+25.3K shares SIGSignet Jewelers Limited$266.0Kreported value+34 shares

Increased positions

BACBank of America Corp$1.95Breported value+5.40M shares+3.9%CCitigroup Inc$1.20Breported value+2.17M shares+8.2%BIDUBaidu, Inc.$895.79Mreported value+496.2K shares+11.8%GSThe Goldman Sachs Group, Inc.$848.54Mreported value+840.6K shares

Reduced positions

GMGeneral Motors Company$2.47Breported value-2.52M shares-3.1%ORCLOracle Corporation$1.95Breported value-2.55M shares-5.1%AIGAmerican International Group, Inc.$1.91Breported value-3.06M shares-8.0%TELTe Connectivity Plc$1.79Breported value-132.2K shares

Exited positions

WTWWillis Towers Watson PlcMIXED CORP ACTION$760.28Mprior reported value-15.65M shares-100.0%HNTHealth Net Inc$294.54Mprior reported value-4.30M shares-100.0%GISGeneral Mills, Inc.$240.20Mprior reported value-4.17M shares-100.0%PCPPrecision Castparts Corp$155.37M