Harris Associates
Harris Oakmark Global Concentrated Strategy
Global Large-cap
Jun 2025 → Jun 2025
Our archive holds 1 letter from this strategy, behind 5 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Harris Associates for every strategy.
What it bought and sold
We eliminated the following position(s) during the period: • Danone • Fiserv • Fresenius Medical Care • Lloyds Banking Group
We eliminated the following position(s) during the period: • Danone • Fiserv • Fresenius Medical Care • Lloyds Banking Group
We eliminated the following position(s) during the period: • Danone • Fiserv • Fresenius Medical Care • Lloyds Banking Group
We eliminated the following position(s) during the period: • Danone • Fiserv • Fresenius Medical Care • Lloyds Banking Group
This created the opportunity to purchase shares in a well- managed company with strong underlying profitability and meaningful upside potential that should be a relative beneficiary in a falling rate environment.
Also held
Its investment theses
- AlibabaJun 2025Alibaba Group is a global technology leader poised for growth in e-commerce and cloud computing, making it an undervalued investment opportunity with strong fundamentals and a focus on enhancing shareholder returns.
- Becton, Dickinson and CompanyJun 2025Becton, Dickinson and Company is a high-quality medical technology firm offering essential products, currently undervalued due to short-term market pressures, presenting a buying opportunity for long-term growth.
- Bayerische Motoren WerkeJun 2025BMW is a strong investment opportunity due to its excellent brand equity, strategic management, leading position in the electric vehicle market, and robust financials, making it well-positioned for long-term growth.
- BNP ParibasJun 2025BNP Paribas is a highly diversified European bank well-positioned for growth despite trading at a discount due to macro concerns, presenting a compelling investment opportunity.
- DSVJun 2025DSV is a well-managed transportation and logistics company that enhances shareholder value through strategic acquisitions and is expected to further expand its capabilities and profitability following its acquisition of Schenker.