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Bill Nygren Harris Associates

AUM $75.4B
1-Year Est. Return 14.46%
 

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.

This Fund
S&P 500
This Quarter Est. Return
-0.46%
1 Year Est. Return
+14.46%
3 Year Est. Return
+51.56%
5 Year Est. Return
+71.24%
10 Year Est. Return
+347.3%
AUM
$63.3B
AUM Growth
-$1.09B
Cap. Flow
-$393M
Cap. Flow %
-0.62%
Top 10 Hldgs %
33.57%
Holding
191
New
9
Increased
55
Reduced
88
Closed
24

Top Buys

Rank Stock Value
1
CAT icon
Caterpillar
CAT
+$586M
2
MSFT icon
Microsoft
MSFT
+$573M
3
GE icon
GE Aerospace
GE
+$541M
4
PCP
PRECISION CASTPARTS CORP
PCP
+$419M
5
FLS icon
Flowserve
FLS
+$375M

Top Sells

Rank Stock Value
1
FDX icon
FedEx
FDX
+$638M
2
AAPL icon
Apple
AAPL
+$576M
3
RL icon
Ralph Lauren
RL
+$412M
4
HD icon
Home Depot
HD
+$385M
5
WMT icon
Walmart Inc
WMT
+$324M

Sector Composition

Rank Sector Weight
1 Financials 35.65%
2 Technology 16.74%
3 Consumer Discretionary 14.17%
4 Industrials 9.86%
5 Healthcare 6.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HNI icon
176
HNI Corp
HNI
$3.55B
– –
-132,884
Closed -$6.79M
KMI icon
177
Kinder Morgan
KMI
$69B
– –
-5,300
Closed -$224K
KSS icon
178
Kohl's
KSS
$2B
– –
-34,070
Closed -$2.08M
LH icon
179
Labcorp
LH
$27.3B
– –
-144,231
Closed -$13.4M
MTW icon
180
Manitowoc
MTW
$710M
– –
-493,167
Closed -$9.87M
NKE icon
181
Nike
NKE
$60.5B
– –
-625,814
Closed -$30.1M
RPM icon
182
RPM International
RPM
$13.9B
– –
-4,393
Closed -$223K
TMO icon
183
Thermo Fisher Scientific
TMO
$233B
– –
-11,698
Closed -$1.47M
CDK
184
DELISTED
CDK Global, Inc.
CDK
– –
-9,491
Closed -$387K
MBFI
185
DELISTED
MB Financial Corp
MBFI
– –
-13,969
Closed -$459K
AET
186
DELISTED
Aetna Inc
AET
– –
-2,920
Closed -$259K
KS
187
DELISTED
KapStone Paper and Pack Corp.
KS
– –
-14,200
Closed -$416K
MHFI
188
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
– –
-8,000
Closed -$712K
FDO
189
DELISTED
FAMILY DOLLAR STORES
FDO
– –
-2,769,399
Closed -$219M
COV
190
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
– –
-576,586
Closed -$59M
CYS
191
DELISTED
CYS Investments Inc.
CYS
– –
-23,980
Closed -$209K
4 5 6 7
8

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Bill Nygren's Q1 2015 Portfolio in Review

As of Q1 2015, Bill Nygren held 191 positions worth $63.3B, down 1.7% from $64.4B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Bill Nygren's Q1 2015 filing shows 9 new, 55 increased, 88 reduced and 24 closed positions. Its largest new stake was PRECISION CASTPARTS CORP: 1,975,378 shares worth $415M. The largest sale was FedEx, an estimated $638M.

By sector, the portfolio is most concentrated in Financials at 36% of assets, up from 36% a quarter earlier, followed by Technology and Consumer Discretionary.

  • Bill Nygren's largest Q1 2015 buy was PRECISION CASTPARTS CORP: 1,975,378 shares worth $415M.
  • Bill Nygren added most to Caterpillar in Q1 2015, an estimated $586M increase.
  • Bill Nygren's biggest Q1 2015 reduction was FedEx, cutting an estimated $638M.
  • Bill Nygren fully exited FAMILY DOLLAR STORES in Q1 2015, selling an estimated $219M.
  • Bill Nygren's ten largest holdings make up 34% of its $63.3B portfolio in Q1 2015.
  • Bill Nygren opened 9 new positions and closed 24 in Q1 2015.
  • Bill Nygren's portfolio value fell 1.7% quarter-over-quarter to $63.3B.

Based on Harris Associates's 13F filing for Q1 2015, filed 14 May 2015.