Fondamentix

Bill Nygren

Harris Associates. Portfolio reported in the 13F as of June 30, 2026.

$75.2B
reported value
161
positions
17.2%
in the top 5
-$2.7B
last quarter balance

How the portfolio is split

Weight of each sector on the reported value.

  • Financial Services
  • Healthcare
  • Consumer Cyclical
  • Industrials
  • Technology
  • Other and unclassified
Q2 2026
29.5%
12.2%
34.4%
Q1 2026
26.4%
11.2%
40.1%
Q4 2025
26.2%
12.0%
9.0%
39.1%
Q3 2025
27.9%
10.8%
41.1%

How much they buy and sell

Estimate of the money put in and taken out each quarter. The balance tells whether they are investing or cashing in.

  • Purchases
  • Sales
-$1.1B
Q3 2025
+$12.9B
Q4 2025
-$223.7M
Q1 2026
-$2.7B
Q2 2026

Positions over the last 4 quarters

Weight of each position in the portfolio. The last column estimates how much they bought or sold compared with the previous quarter.

CompanyBought / sold
  • Keurig Dr Pepper Inc.
    KDP Consumer Defensive
    -$7.5M
    -0.2%
    Q3 2025
    2.6%
    Q4 2025
    3.1%
    Q1 2026
    3.3%
    Q2 2026
    4.0%
  • Airbnb, Inc.
    ABNB Consumer Cyclical
    -$43.0M
    -1.6%
    Q3 2025
    3.0%
    Q4 2025
    3.2%
    Q1 2026
    3.2%
    Q2 2026
    3.6%
  • Salesforce Inc
    CRM Technology
    +$193.2M
    +8.3%
    Q3 2025
    2.7%
    Q4 2025
    3.3%
    Q1 2026
    3.7%
    Q2 2026
    3.4%
  • IQVIA Holdings Inc
    IQV Healthcare
    +$107.2K
    0.0%
    Q3 2025
    3.5%
    Q4 2025
    3.2%
    Q1 2026
    2.8%
    Q2 2026
    3.1%
  • Capital One Financial Corp
    COF Financial Services
    +$227.6M
    +11.0%
    Q3 2025
    3.1%
    Q4 2025
    3.3%
    Q1 2026
    2.5%
    Q2 2026
    3.1%
  • ALPHABET INC
    GOOGLnot in our list
    -$760.8M
    -25.4%
    Q3 2025
    4.4%
    Q4 2025
    3.5%
    Q1 2026
    3.2%
    Q2 2026
    3.0%
  • Charles Schwab Corp
    SCHW Financial Services
    +$220.4M
    +11.0%
    Q3 2025
    3.3%
    Q4 2025
    2.8%
    Q1 2026
    2.7%
    Q2 2026
    3.0%
  • Intercontinental Exchange Inc
    ICE Financial Services
    +$210.3M
    +10.5%
    Q3 2025
    2.8%
    Q4 2025
    3.2%
    Q1 2026
    3.4%
    Q2 2026
    3.0%
  • Targa Resources Corp
    TRGP Energy
    -$210.7M
    -9.0%
    Q3 2025
    1.1%
    Q4 2025
    2.3%
    Q1 2026
    2.9%
    Q2 2026
    2.8%
  • First Citizens BancShares, Inc.
    FCNCA Financial Services
    -$59.8M
    -3.0%
    Q3 2025
    2.1%
    Q4 2025
    2.5%
    Q1 2026
    2.4%
    Q2 2026
    2.5%
  • Elevance Health Inc
    ELV Healthcare
    +$49.5M
    +2.7%
    Q3 2025
    1.7%
    Q4 2025
    2.1%
    Q1 2026
    1.9%
    Q2 2026
    2.5%
  • Delta Air Lines Inc
    DAL Industrials
    -$63.0M
    -3.7%
    Q3 2025
    1.2%
    Q4 2025
    1.7%
    Q1 2026
    1.6%
    Q2 2026
    2.2%
  • ConocoPhillips
    COP Energy
    -$233.9M
    -12.9%
    Q3 2025
    2.9%
    Q4 2025
    2.9%
    Q1 2026
    3.1%
    Q2 2026
    2.1%
  • Merck & Co Inc
    MRK Healthcare
    -$37.8M
    -2.4%
    Q3 2025
    1.3%
    Q4 2025
    1.9%
    Q1 2026
    2.0%
    Q2 2026
    2.1%
  • WILLIS TOWERS WATSON PLC LTD
    not in our list
    -$28.7M
    -1.8%
    Q3 2025
    2.4%
    Q4 2025
    2.3%
    Q1 2026
    2.3%
    Q2 2026
    2.1%
  • American International Group Inc
    AIG Financial Services
    -$17.9M
    -1.2%
    Q3 2025
    2.2%
    Q4 2025
    2.4%
    Q1 2026
    2.1%
    Q2 2026
    2.0%
  • Marsh & McLennan Companies, Inc.
    MRSH Financial Services
    +$586.4M
    +68.1%
    Q3 2025
    –
    Q4 2025
    –
    Q1 2026
    1.2%
    Q2 2026
    1.9%
  • Corteva, Inc.
    CTVA Basic Materials
    -$27.4M
    -1.9%
    Q3 2025
    0.7%
    Q4 2025
    1.4%
    Q1 2026
    1.9%
    Q2 2026
    1.8%
  • Sysco Corp
    SYY Consumer Defensive
    +$441.6M
    +48.0%
    Q3 2025
    1.1%
    Q4 2025
    0.7%
    Q1 2026
    1.0%
    Q2 2026
    1.8%
  • Bank of America Corp
    BAC Financial Services
    +$238.3M
    +22.1%
    Q3 2025
    2.2%
    Q4 2025
    1.4%
    Q1 2026
    1.2%
    Q2 2026
    1.8%
  • Citigroup Inc
    C Financial Services
    -$72.7M
    -5.6%
    Q3 2025
    2.2%
    Q4 2025
    1.5%
    Q1 2026
    1.4%
    Q2 2026
    1.6%
  • Ally Financial Inc
    ALLY Financial Services
    -$14.0M
    -1.2%
    Q3 2025
    1.7%
    Q4 2025
    1.6%
    Q1 2026
    1.4%
    Q2 2026
    1.6%
  • Equifax Inc
    EFX Industrials
    -$13.0M
    -1.1%
    Q3 2025
    2.4%
    Q4 2025
    2.1%
    Q1 2026
    1.8%
    Q2 2026
    1.6%
  • Amazon.com, Inc.
    AMZN Consumer Cyclical
    -$25.6M
    -2.3%
    Q3 2025
    1.5%
    Q4 2025
    1.3%
    Q1 2026
    1.3%
    Q2 2026
    1.5%
  • Zimmer Biomet Holdings Inc
    ZBH Healthcare
    -$19.1M
    -1.7%
    Q3 2025
    0.8%
    Q4 2025
    1.4%
    Q1 2026
    1.6%
    Q2 2026
    1.5%
  • Fiserv Inc
    FISV Other and unclassified
    +$121.3M
    +12.5%
    Q3 2025
    1.4%
    Q4 2025
    1.3%
    Q1 2026
    1.5%
    Q2 2026
    1.4%
  • Union Pacific Corp
    UNP Industrials
    +$16.9M
    +1.6%
    Q3 2025
    0.6%
    Q4 2025
    1.1%
    Q1 2026
    1.2%
    Q2 2026
    1.4%
  • General Motors Co
    GM Consumer Cyclical
    -$20.0M
    -1.9%
    Q3 2025
    2.1%
    Q4 2025
    1.8%
    Q1 2026
    1.3%
    Q2 2026
    1.4%
  • Reinsurance Group of America Inc
    RGA Financial Services
    -$35.3M
    -3.4%
    Q3 2025
    1.0%
    Q4 2025
    1.1%
    Q1 2026
    1.3%
    Q2 2026
    1.3%
  • GE HealthCare Technologies Inc.
    GEHC Healthcare
    -$17.0M
    -1.7%
    Q3 2025
    1.3%
    Q4 2025
    1.6%
    Q1 2026
    1.5%
    Q2 2026
    1.3%
  • AERCAP HOLDINGS NV
    not in our list
    +$81.4M
    +9.5%
    Q3 2025
    –
    Q4 2025
    1.1%
    Q1 2026
    1.1%
    Q2 2026
    1.3%
  • Global Payments Inc
    GPN Industrials
    +$76.7M
    +8.9%
    Q3 2025
    0.9%
    Q4 2025
    1.1%
    Q1 2026
    1.1%
    Q2 2026
    1.2%
  • Wells Fargo & Co
    WFC Financial Services
    -$7.5M
    -0.8%
    Q3 2025
    1.5%
    Q4 2025
    1.5%
    Q1 2026
    1.2%
    Q2 2026
    1.2%
  • CBRE Group Inc
    CBRE Real Estate
    -$55.0M
    -6.4%
    Q3 2025
    1.7%
    Q4 2025
    1.4%
    Q1 2026
    1.2%
    Q2 2026
    1.1%
  • State Street Corp
    STT Financial Services
    -$234.5M
    -22.5%
    Q3 2025
    1.4%
    Q4 2025
    1.0%
    Q1 2026
    1.0%
    Q2 2026
    1.1%
  • Netflix, Inc.
    NFLX Communication Services
    +$82.5M
    +11.7%
    Q3 2025
    0.0%
    Q4 2025
    0.0%
    Q1 2026
    1.3%
    Q2 2026
    1.0%
  • SUNBELT RENTALS HOLDINGS INC
    SUNBnot in our list
    -$89.2M
    -10.2%
    Q3 2025
    –
    Q4 2025
    –
    Q1 2026
    1.0%
    Q2 2026
    1.0%
  • CDW Corporation
    CDW Technology
    +$22.6M
    +3.0%
    Q3 2025
    0.1%
    Q4 2025
    0.8%
    Q1 2026
    0.9%
    Q2 2026
    1.0%
  • ICON PUB LTD CO
    not in our list
    +$20.3M
    +2.7%
    Q3 2025
    0.7%
    Q4 2025
    0.6%
    Q1 2026
    0.6%
    Q2 2026
    1.0%
  • AMRIZE LTD
    not in our list
    +$141.0M
    +23.3%
    Q3 2025
    –
    Q4 2025
    0.8%
    Q1 2026
    0.8%
    Q2 2026
    1.0%
  • The Carlyle Group Inc.
    CG Financial Services
    +$45.4M
    +6.5%
    Q3 2025
    1.1%
    Q4 2025
    1.1%
    Q1 2026
    1.1%
    Q2 2026
    1.0%
  • Corebridge Financial Inc
    CRBG Financial Services
    +$4.8M
    +0.7%
    Q3 2025
    1.0%
    Q4 2025
    0.9%
    Q1 2026
    0.8%
    Q2 2026
    1.0%
  • Centene Corp
    CNC Healthcare
    -$190.6M
    -21.1%
    Q3 2025
    0.5%
    Q4 2025
    0.5%
    Q1 2026
    0.6%
    Q2 2026
    1.0%
  • Alphabet Inc.
    GOOG Communication Services
    +$371.0M
    +118.4%
    Q3 2025
    0.5%
    Q4 2025
    0.4%
    Q1 2026
    0.3%
    Q2 2026
    0.9%
  • Masco Corp
    MAS Industrials
    -$22.6M
    -3.2%
    Q3 2025
    0.8%
    Q4 2025
    0.9%
    Q1 2026
    0.7%
    Q2 2026
    0.9%
  • Roper Technologies, Inc.
    ROP Technology
    +$82.8M
    +14.2%
    Q3 2025
    –
    Q4 2025
    –
    Q1 2026
    0.8%
    Q2 2026
    0.9%
  • CNH INDL N V
    not in our list
    +$10.6M
    +1.6%
    Q3 2025
    1.4%
    Q4 2025
    0.9%
    Q1 2026
    0.9%
    Q2 2026
    0.9%
  • Nasdaq, Inc.
    NDAQ Financial Services
    +$6.5M
    +1.0%
    Q3 2025
    0.8%
    Q4 2025
    1.1%
    Q1 2026
    0.9%
    Q2 2026
    0.8%
  • TE CONNECTIVITY PLC
    not in our list
    +$46.7M
    +8.2%
    Q3 2025
    1.4%
    Q4 2025
    0.9%
    Q1 2026
    0.8%
    Q2 2026
    0.8%
  • NIKE, Inc.
    NKE Consumer Cyclical
    -$15.3M
    -2.5%
    Q3 2025
    1.0%
    Q4 2025
    1.2%
    Q1 2026
    1.0%
    Q2 2026
    0.8%

Data from 13F filings with the SEC. The 13F lists only US stocks held long: no short positions, foreign stocks not listed in the US or cash. It is filed up to 45 days after the quarter ends and some positions may stay confidential. Purchases and sales are estimates: the difference in shares between two quarters times the quarter-end price.