Harris Associates Portfolio holdings
Harris Associates is a value-focused stock picker that runs the Oakmark family of mutual funds and ETFs. Its founders, including Victor Morgenstern, had earlier worked in the private investment office of Irving Harris, a Chicago entrepreneur, before starting the firm in the 1970s. The firm looks for companies whose shares trade below its own estimate of what the business is worth, and it applies that approach to large, mid-sized and small companies in the United States and abroad, on a long-only basis. Harris is owned by Natixis Investment Managers, a Paris-based asset management group, but it makes its own investment decisions. Its clients range from high net worth individuals and charities to pension plans, insurers and sovereign wealth funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marsh
MRSH
|
+$588M |
| 2 |
Sysco
SYY
|
+$400M |
| 3 |
Equitable Holdings
EQH
|
+$396M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$375M |
| 5 |
Booking.com
BKNG
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Phillips 66
PSX
|
+$1.27B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$766M |
| 3 |
Warner Bros
WBD
|
+$759M |
| 4 |
Charter Communications
CHTR
|
+$650M |
| 5 |
Marathon Petroleum
MPC
|
+$633M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.51% |
| 2 | Healthcare | 14.39% |
| 3 | Industrials | 11.71% |
| 4 | Technology | 10.08% |
| 5 | Consumer Discretionary | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$18.8B
| $214K | ﹤0.01% |
700
| – | – |
2025 Q2
4 quarters
|
|
152
Micron Technology
MU
$903B
| $208K | ﹤0.01% |
+180
| New | +$135K |
2026 Q2
0 quarters
|
|
153
Invesco S&P 500 Equal Weight ETF
RSP
$103B
| $206K | ﹤0.01% |
+969
| New | +$198K |
2026 Q2
0 quarters
|
|
154
Prudential
PUK
$31B
| $205K | ﹤0.01% |
+7,635
| New | +$223K |
2026 Q2
0 quarters
|
|
155
KB Financial Group
KB
$39.4B
| $204K | ﹤0.01% |
1,944
-81,530
| -98% | -$8.61M |
2025 Q2
4 quarters
|
|
156
iShares MSCI ACWI ETF
ACWI
$32.3B
| $171K | ﹤0.01% |
1,092
| – | – |
2024 Q3
7 quarters
|
|
157
iShares Russell 2000 ETF
IWM
$77.1B
| $160K | ﹤0.01% |
533
| – | – |
2025 Q1
5 quarters
|
|
158
Vanguard Morningstar Growth ETF
VUG
$219B
| $144K | ﹤0.01% |
+1,677
| New | +$141K |
2026 Q2
0 quarters
|
|
159
iShares Future Exponential Technologies ETF
XT
$3.93B
| $46.5K | ﹤0.01% |
+563
| New | +$44K |
2026 Q2
0 quarters
|
|
160
DELISTED
Liberty Broadband Class A
LBRDA
| $36.9K | ﹤0.01% |
1,110
-3,195
| -74% | -$124K |
2019 Q4
26 quarters
|
|
161
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.4B
| $34.3K | ﹤0.01% |
+292
| New | +$32.4K |
2026 Q2
0 quarters
|
|
162
iShares Core S&P Small-Cap ETF
IJR
$106B
| $26.3K | ﹤0.01% |
+177
| New | +$24.3K |
2026 Q2
0 quarters
|
|
163
CALL
Elevance Health
ELV
$92.9B
| – | – |
-340,000
| Closed | -$100M | – |
|
164
CALL
Fiserv Inc
FISV
$32.7B
| – | – |
-950,000
| Closed | -$53M | – |
|
165
Grifois
GRFS
$5.99B
| – | – |
-1,821,667
| Closed | -$14.6M | – |
|
166
iShares MBS ETF
MBB
$35.3B
| – | – |
-28
| Closed | -$2.66K | – |
|
167
Nuveen Municipal Value Fund
NUV
$1.73B
| – | – |
-14,854
| Closed | -$134K | – |
|
168
DELISTED
Sealed Air
SEE
| – | – |
-1,278,223
| Closed | -$53.7M | – |
|
169
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.8B
| – | – |
-50
| Closed | -$2.56K | – |
|
170
ExxonMobil
XOM
$693B
| – | – |
-1,466
| Closed | -$249K | – |
|
171
Flutter Entertainment
FLUT
$14.2B
| – | – |
-1,131,464
| Closed | -$115M | – |
|
Similar funds
Harris Associates's Q2 2026 Portfolio in Review
As of Q2 2026, Harris Associates held 171 positions worth $75.4B, up 0.52% from $75B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Harris Associates withdrew a net $2.78B in Q2 2026, closing 9 positions and reducing 84 holdings. Its most notable exit was Flutter Entertainment, an estimated $115M position sold in full.
By sector, the portfolio is most concentrated in Financials at 32% of assets, up from 29% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Harris Associates opened a new position in Booking.com worth $278M.
- Harris Associates's largest Q2 2026 buy was Booking.com: 1,557,503 shares worth $278M.
- Harris Associates added most to Marsh in Q2 2026, an estimated $588M increase.
- Harris Associates's biggest Q2 2026 reduction was Phillips 66, cutting an estimated $1.27B.
- Harris Associates fully exited Flutter Entertainment in Q2 2026, selling an estimated $115M.
- Harris Associates's ten largest holdings make up 31% of its $75.4B portfolio in Q2 2026.
- Harris Associates opened 13 new positions and closed 9 in Q2 2026.
- Harris Associates's portfolio value rose 0.52% quarter-over-quarter to $75.4B.
Based on Harris Associates's 13F filing for Q2 2026, filed 14 Aug 2026.