Oracle Corporation (ORCL), General Motors Company (GM), Intel Corporation (INTC): Harris Associates’ Most Valuable Holdings

In its latest 13F filing, Harris Associates, which is wholly owned by Natixis Global Asset Management, has disclosed its equity portfolio held as of the end of the second quarter of 2014. The portfolio contains 257 positions, with a total market value of $59.4 billion. In this article, we are going to take a look at the top three equity positions from Harris Associates’ latest 13F filing.

Oracle Corporation (NYSE:ORCL)

The first-largest holding is Oracle Corporation (NYSE:ORCL), in which Harris Associates increased its stake to 70.42 million shares from 68.46 million shares held previously. The reported value of the holding is $2.9 billion. Last month, the company said it signed an agreement to acquire TOA Technologies, a provider of cloud-based field service solutions. In addition, Oracle Corporation (NYSE:ORCL) said it agreed to acquire MICROS Systems Inc. (NASDAQ:MCRS), which provides integrated software and hardware solutions to the hospitality and retail industries. The deal is expected to close in the second half of 2014.

Aside from Harris Associates, Eagle Capital Management, led by Boykin Curry, and Jean-Marie Eveillard’s First Eagle Investment Management. The first hedge fund disclosed ownership of 45.47 million shares, while second fund holds 33.22 million shares of the company.

Next on the list is General Motors Company (NYSE:GM), in which the fund revealed a $2.6 billion stake, containing 71.11 million shares. Previously, the fund owned 63.54 million shares of General Motors Company (NYSE:GM). Shares of the company rose by 0.74% to $33.95 on Wednesday. Among other investors, Berkshire Hathaway, managed by Warren Buffett, disclosed owning 30 million shares of General Motors Company (NYSE:GM), and Frank Brosens’ Taconic Capital reported holding 13.23 million shares.

Intel Corporation (NASDAQ:INTC) is occupying the third position. Harris Associates reduced its stake in the company to 67.56 million shares from 66.86 million shares the fund reported previously. Intel Corporation (NASDAQ:INTC), a designer and builder of the essential technologies for computing devices, has a market cap of $168.8 billion. Intel Corporation (NASDAQ:INTC) has earlier agreed to acquire LSI’s Axxia Networking Business and related assets from Avago Technologies Limited for $650 million in cash. The transaction is anticipated to close in the fourth calendar quarter of 2014, according to a press release.

Other significant shareholders of Intel Corporation (NASDAQ:INTC) include Fisher Asset Management, managed by Ken Fisher, and Renaissance Technologies, led by Jim Simons, holding 39.54 million shares, and 17.33 million shares of the company.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Biggest Airports in the World

The 5 Most Gang Infested Cities In America

The 34 Smartest Countries in the World

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!