Bill Nygren Harris Associates
Bill Nygren is a portfolio manager at Harris Associates and a long-time lead voice behind the Oakmark family of funds. He is known for a value philosophy that seeks growing businesses at discounts to intrinsic value rather than statistically cheap “cigar butts” alone. Nygren’s shareholder letters are popular for clear explanations of valuation, portfolio changes, and long-term equity ownership.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.67B |
| 2 |
General Motors
GM
|
+$1.64B |
| 3 |
Intel
INTC
|
+$1.59B |
| 4 |
JPMorgan Chase
JPM
|
+$1.3B |
| 5 |
FedEx
FDX
|
+$1.29B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.02% |
| 2 | Technology | 16.93% |
| 3 | Industrials | 15.98% |
| 4 | Consumer Discretionary | 14.73% |
| 5 | Energy | 10.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Walt Disney
DIS
$186B
| $23.2M | 0.05% |
+367,678
| New | +$23.2M |
|
127
HNI Corp
HNI
$3.55B
| $22.2M | 0.05% |
+615,375
| New | +$21.6M |
|
128
Globe Life
GL
$13.1B
| $19.7M | 0.04% |
+452,816
| New | +$18.9M |
|
|
CMA
129
DELISTED
Comerica
CMA
| $18.3M | 0.04% |
+459,950
| New | +$17.2M |
|
130
Crane NXT
CXT
$2.89B
| $16.5M | 0.03% |
+791,696
| New | +$15.6M |
|
131
CNO Financial Group
CNO
$4.95B
| $14.5M | 0.03% |
+1,117,500
| New | +$13.2M |
|
132
Toyota
TM
$234B
| $14.1M | 0.03% |
+116,717
| New | +$13.6M |
|
133
Emerson Electric
EMR
$87.7B
| $11.8M | 0.02% |
+215,750
| New | +$12.1M |
|
134
Thor Industries
THO
$4.14B
| $9.21M | 0.02% |
+187,194
| New | +$7.67M |
|
135
Berkshire Hathaway Class A
BRK.A
$1.06T
| $9.1M | 0.02% |
+54
| New | +$8.91M |
|
136
Warner Bros
WBD
$71.6B
| $5.93M | 0.01% |
+150,272
| New | +$5.99M |
|
|
MOLXA
137
DELISTED
MOLEX INC CL-A
MOLXA
| $3.7M | 0.01% |
+148,712
| New | +$3.7M |
|
|
WMS
138
DELISTED
WMS INDS INC
WMS
| $3.68M | 0.01% |
+144,400
| New | +$3.66M |
|
|
139
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.71M | 0.01% |
+24,218
| New | +$2.66M |
|
140
IBM
IBM
$222B
| $2.65M | 0.01% |
+14,514
| New | +$2.83M |
|
141
Capital Southwest
CSWC
$1.59B
| $1.96M | ﹤0.01% |
+155,072
| New | +$1.83M |
|
142
Coca-Cola
KO
$392B
| $1.89M | ﹤0.01% |
+47,140
| New | +$1.95M |
|
143
AbbVie
ABBV
$468B
| $1.88M | ﹤0.01% |
+45,559
| New | +$1.99M |
|
144
GE Aerospace
GE
$361B
| $1.79M | ﹤0.01% |
+16,146
| New | +$1.79M |
|
145
Abbott
ABT
$202B
| $1.63M | ﹤0.01% |
+46,694
| New | +$1.71M |
|
146
Johnson & Johnson
JNJ
$651B
| $1.6M | ﹤0.01% |
+18,698
| New | +$1.59M |
|
147
Bristol-Myers Squibb
BMY
$137B
| $1.55M | ﹤0.01% |
+34,725
| New | +$1.51M |
|
|
RDC
148
DELISTED
Rowan Companies Plc
RDC
| $1.55M | ﹤0.01% |
+45,450
| New | +$1.53M |
|
|
UTIW
149
DELISTED
UTI WORLDWIDE INC
UTIW
| $1.51M | ﹤0.01% |
+91,800
| New | +$1.39M |
|
|
ESL
150
DELISTED
Esterline Technologies
ESL
| $1.44M | ﹤0.01% |
+19,900
| New | +$1.48M |
|
Similar funds
Bill Nygren's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Bill Nygren, which disclosed 191 positions worth $47.6B. Its ten largest holdings account for 29% of the portfolio.
Its largest position is Oracle: 50,319,721 shares worth $1.55B.
By sector, the portfolio is most concentrated in Financials at 23% of assets, followed by Technology and Industrials.
- Bill Nygren's largest Q2 2013 buy was Oracle: 50,319,721 shares worth $1.55B.
- Bill Nygren's ten largest holdings make up 29% of its $47.6B portfolio in Q2 2013.
- Bill Nygren disclosed 191 positions in Q2 2013, its first 13F filing on record.
Based on Harris Associates's 13F filing for Q2 2013, filed 12 Aug 2013.