Harris Associates
Harris Associates Global All Cap Strategy
Global Large-cap
Jun 2026 → Sep 2026
Our archive holds 2 letters from this strategy, behind 6 investment theses and positions in 23 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in a year · follow all of Harris Associates for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD · Net of Fees
- YTD+3.7%index +11.8%
- 1Y+8.9%index +15.2%
- 3Y · /yr+11.8%index +21.4%
- 5Y · /yr+5.7%index +11.9%
- 10Y · /yr+9.0%index +12.8%
- Inception · /yr+9.9%index +7.0%
Index: MSCI World Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Harris Associates Global All Cap Strategy | +3.7% | +8.9% | +11.8% | +5.7% | +9.0% | +9.9% |
| MSCI World Index | +11.8% | +15.2% | +21.4% | +11.9% | +12.8% | +7.0% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We eliminated the following position(s) during the period: • Deere • Gartner • Prudential
We initiated the following position(s) during the pe- riod: • Meta Platforms is a U.S.-headquartered tech- nology company whose Family of Apps (includ- ing Facebook, Instagram, and WhatsApp) reaches 3.6 billion daily active users.
We eliminated the following position(s) during the period: • Deere • Gartner • Prudential
We eliminated the following position(s) during the period: • Deere • Gartner • Prudential
We eliminated the following position(s) during the period:
We eliminated the following position(s) during the period:
We eliminated the following position(s) during the period:
We eliminated the following position(s) during the period:
We initiated the following position(s) during the pe- riod:
Also held
Its investment theses
- Sugi HoldingsSep 2026Sugi Holdings is a Japanese drugstore chain with a pharmacy network, consolidation tailwinds, disciplined M&A, and long-term growth opportunities.
- SymriseJun 2026Symrise has leading positions, sticky customer relationships, improving profitability, and an attractive valuation.
- LVMHJun 2026LVMH combines diversification, scarcity-driven pricing power, market share gains, and discounted valuation.
- AstraZenecaJun 2026AstraZeneca has a strong portfolio, leading pipeline, exceptional management, and attractive valuation.
- Cooper CompaniesJun 2026Cooper Companies benefits from an oligopolistic contact lens market, market share gains, and an attractive valuation.
- SalesforceJun 2026Salesforce is positioned to help customers deploy AI while continuing to grow revenue, expand margins, and repurchase shares.