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 | |
|---|---|---|---|---|---|---|
151
Starbucks
SBUX
$122B
| $1.42M | ﹤0.01% |
+43,200
| New | +$1.34M |
|
152
Northern Trust
NTRS
$33.6B
| $1.29M | ﹤0.01% |
+22,350
| New | +$1.25M |
|
153
Pfizer
PFE
$160B
| $1.21M | ﹤0.01% |
+45,340
| New | +$1.25M |
|
|
MCRS
154
DELISTED
MICROS SYSTEMS INC
MCRS
| $1.19M | ﹤0.01% |
+27,500
| New | +$1.19M |
|
|
HUB.B
155
DELISTED
HUBBELL INC CL-B
HUB.B
| $1.18M | ﹤0.01% |
+11,920
| New | +$1.15M |
|
156
Thermo Fisher Scientific
TMO
$233B
| $990K | ﹤0.01% |
+11,698
| New | +$974K |
|
157
Dick's Sporting Goods
DKS
$16.4B
| $936K | ﹤0.01% |
+18,700
| New | +$935K |
|
|
WBA
158
DELISTED
Walgreens Boots Alliance
WBA
| $897K | ﹤0.01% |
+20,300
| New | +$989K |
|
|
KMP
159
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $811K | ﹤0.01% |
+9,500
| New | +$827K |
|
160
PepsiCo
PEP
$196B
| $761K | ﹤0.01% |
+9,302
| New | +$760K |
|
161
ConocoPhillips
COP
$162B
| $696K | ﹤0.01% |
+11,500
| New | +$699K |
|
162
Procter & Gamble
PG
$336B
| $649K | ﹤0.01% |
+8,435
| New | +$662K |
|
|
CELG
163
DELISTED
Celgene Corp
CELG
| $615K | ﹤0.01% |
+10,516
| New | +$633K |
|
164
Chevron
CVX
$403B
| $587K | ﹤0.01% |
+4,962
| New | +$600K |
|
|
DD
165
DELISTED
Du Pont De Nemours E I
DD
| $549K | ﹤0.01% |
+11,004
| New | +$555K |
|
166
Acuity Brands
AYI
$10.3B
| $544K | ﹤0.01% |
+7,200
| New | +$533K |
|
|
CYS
167
DELISTED
CYS Investments Inc.
CYS
| $526K | ﹤0.01% |
+57,142
| New | +$643K |
|
168
Honeywell
HON
$68.4B
| $460K | ﹤0.01% |
+6,455
| New | +$445K |
|
|
MHFI
169
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $426K | ﹤0.01% |
+8,000
| New | +$429K |
|
|
K
170
DELISTED
Kellanova
K
| $411K | ﹤0.01% |
+6,816
| New | +$411K |
|
171
Danaher
DHR
$154B
| $399K | ﹤0.01% |
+9,373
| New | +$388K |
|
|
ESRX
172
DELISTED
Express Scripts Holding Company
ESRX
| $368K | ﹤0.01% |
+5,962
| New | +$359K |
|
173
Amgen
AMGN
$238B
| $319K | ﹤0.01% |
+3,236
| New | +$336K |
|
|
KS
174
DELISTED
KapStone Paper and Pack Corp.
KS
| $317K | ﹤0.01% |
+15,800
| New | +$243K |
|
|
PCL
175
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $317K | ﹤0.01% |
+6,800
| New | +$342K |
|
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.