# EDGAR Filing Document

**Accession Number:** 0000813917
**File Stem:** 0000813917-26-000038
**Filing Date:** 2026-5
**Character Count:** 26606
**Document Hash:** 408a75cb0c0b5d9dfd9fdfae8ed2b1ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000813917-26-000038.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0000813917-26-000038

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HARRIS ASSOCIATES L P
- **CENTRAL INDEX KEY:** 0000813917

**ORGANIZATION NAME:**
- **EIN:** 043276558
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-02013
- **FILM NUMBER:** 26988130

**BUSINESS ADDRESS:**
- **STREET 1:** 111 S. WACKER DRIVE
- **STREET 2:** SUITE 4600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-646-3600

**MAIL ADDRESS:**
- **STREET 1:** 111 S. WACKER DRIVE
- **STREET 2:** SUITE 4600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** HARRIS ASSOCIATES L P<br>**Address:** 111 S. WACKER DRIVE<br>SUITE 4600<br>CHICAGO, IL 60606

**Form 13F File Number:** 028-02013

**CRD Number (if applicable):** 000106960

**SEC File Number (if applicable):** 801-50333

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Joseph J. Allessie<br>**Title:** General Counsel and Secretary<br>**Phone:** 312-646-3600

**Signature, Place, and Date of Signing:**

Joseph J. Allessie  Chicago IL, X1  05-15-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 224

**Form 13F Information Table Value Total:** $75031782060

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                 | Form 13F File Number   |
|:---|:---|:---|
|  | NATIXIS ADVISORS LLC | 028-05788              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 583308 | 2682 | SH |  | SOLE |  | 2682 | 0 | 0 |
| ABM INDS INC | COM | 000957100 |  | 111020187 | 2882144 | SH |  | SOLE |  | 2863785 | 0 | 18359 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 13087140 | 66000 | SH |  | OTR | 1 | 0 | 66000 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 560348022 | 2825902 | SH |  | SOLE |  | 2783600 | 0 | 42302 |
| ADOBE INC | COM | 00724F101 |  | 13126320 | 54000 | SH |  | OTR | 1 | 0 | 54000 | 0 |
| ADOBE INC | COM | 00724F101 |  | 544455737 | 2239821 | SH |  | SOLE |  | 2205021 | 0 | 34800 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 17696220 | 129000 | SH |  | OTR | 1 | 0 | 129000 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 791888316 | 5772622 | SH |  | SOLE |  | 5690182 | 0 | 82440 |
| AIRBNB INC | COM CL A | 009066101 |  | 50462625 | 399609 | SH |  | OTR | 1 | 0 | 399609 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 2369344353 | 18762626 | SH |  | SOLE |  | 17387184 | 0 | 1375442 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1686308 | 13441 | SH |  | SOLE |  | 13441 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 62276739 | 532007 | SH |  | SOLE |  | 531747 | 0 | 260 |
| ALLY FINL INC | COM | 02005N100 |  | 24161090 | 615883 | SH |  | OTR | 1 | 0 | 0 | 615883 |
| ALLY FINL INC | COM | 02005N100 |  | 1011914392 | 25794402 | SH |  | SOLE |  | 0 | 0 | 25794402 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 254491865 | 887164 | SH |  | SOLE |  | 887164 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 38664167 | 134456 | SH |  | OTR | 1 | 0 | 134456 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2375098464 | 8259488 | SH |  | SOLE |  | 7965958 | 0 | 293530 |
| AMAZON COM INC | COM | 023135106 |  | 12296886 | 59043 | SH |  | OTR | 1 | 0 | 59043 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 979215295 | 4701663 | SH |  | SOLE |  | 4662010 | 0 | 39653 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 61616919 | 203706 | SH |  | SOLE |  | 203455 | 0 | 251 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 42662310 | 566941 | SH |  | OTR | 1 | 0 | 566941 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 1507260299 | 20030037 | SH |  | SOLE |  | 19069470 | 0 | 960567 |
| AMRIZE LTD | SHS | H2927K103 |  | 23948550 | 427500 | SH |  | OTR | 1 | 0 | 427500 | 0 |
| AMRIZE LTD | SHS | H2927K103 |  | 611585287 | 10917267 | SH |  | SOLE |  | 10853638 | 0 | 63629 |
| APPLE INC | COM | 037833100 |  | 33383790 | 131541 | SH |  | SOLE |  | 131186 | 0 | 355 |
| APPLIED MATLS INC | COM | 038222105 |  | 751938 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 24510167 | 233075 | SH |  | SOLE |  | 207675 | 0 | 25400 |
| BANK AMERICA CORP | COM | 060505104 |  | 35429989 | 726769 | SH |  | OTR | 1 | 0 | 726769 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 886328156 | 18181090 | SH |  | SOLE |  | 16984150 | 0 | 1196940 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 5099192 | 42984 | SH |  | SOLE |  | 42984 | 0 | 0 |
| BECTON DICKINSON & CO | COM | 075887109 |  | 349371192 | 2222039 | SH |  | SOLE |  | 1661381 | 0 | 560658 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 12190369 | 25439 | SH |  | SOLE |  | 25439 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 52466089 | 54555 | SH |  | SOLE |  | 54499 | 0 | 56 |
| BLACKSTONE INC | COM | 09260D107 |  | 431213 | 3750 | SH |  | SOLE |  | 3750 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 12049681 | 222073 | SH |  | SOLE |  | 222073 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 561142 | 1813 | SH |  | SOLE |  | 1813 | 0 | 0 |
| BRUNSWICK CORP | COM | 117043109 |  | 162493526 | 2233281 | SH |  | SOLE |  | 2233281 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 39385907 | 215896 | SH |  | OTR | 1 | 0 | 215896 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1850159693 | 10141751 | SH |  | SOLE |  | 9661607 | 0 | 480144 |
| CARLISLE COS INC | COM | 142339100 |  | 1680444 | 5037 | SH |  | SOLE |  | 5037 | 0 | 0 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 16442148 | 339784 | SH |  | OTR | 1 | 0 | 339784 | 0 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 786053135 | 16244123 | SH |  | SOLE |  | 14195457 | 0 | 2048666 |
| CATERPILLAR INC | COM | 149123101 |  | 1303566 | 1840 | SH |  | SOLE |  | 1840 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 18577526 | 137144 | SH |  | OTR | 1 | 0 | 137144 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 851372319 | 6285046 | SH |  | SOLE |  | 6242990 | 0 | 42056 |
| CDW CORP | COM | 12514G108 |  | 22207170 | 183500 | SH |  | OTR | 1 | 0 | 183500 | 0 |
| CDW CORP | COM | 12514G108 |  | 629250976 | 5199562 | SH |  | SOLE |  | 5129543 | 0 | 70019 |
| CENTENE CORP DEL | COM | 15135B101 |  | 461454945 | 14094531 | SH |  | SOLE |  | 14094531 | 0 | 0 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 371443560 | 2153296 | SH |  | SOLE |  | 2153296 | 0 | 0 |
| CHARTER COMMUNICATIONS INC | CL A | 16119P108 |  | 22725256 | 105268 | SH |  | OTR | 1 | 0 | 105268 | 0 |
| CHARTER COMMUNICATIONS INC | CL A | 16119P108 |  | 838429321 | 3883775 | SH |  | SOLE |  | 3581353 | 0 | 302422 |
| CHEVRON CORPORATION | COM | 166764100 |  | 279315 | 1350 | SH |  | SOLE |  | 1350 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 50885706 | 448688 | SH |  | OTR | 1 | 0 | 448688 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1000498991 | 8821964 | SH |  | SOLE |  | 8666713 | 0 | 155251 |
| CNH INDL N V | SHS | N20944109 |  | 4868512 | 442592 | SH |  | OTR | 1 | 0 | 442592 | 0 |
| CNH INDL N V | SHS | N20944109 |  | 634529797 | 57684527 | SH |  | SOLE |  | 47850613 | 0 | 9833914 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 |  | 33502974 | 313300 | SH |  | SOLE |  | 279420 | 0 | 33880 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 15696044 | 546710 | SH |  | OTR | 1 | 0 | 546710 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 743627857 | 25901353 | SH |  | SOLE |  | 25499965 | 0 | 401388 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 68530308 | 519169 | SH |  | OTR | 1 | 0 | 519169 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2232051637 | 16909482 | SH |  | SOLE |  | 16561162 | 0 | 348320 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 19815000 | 132100 | SH |  | OTR | 1 | 0 | 132100 | 0 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 465174984 | 3101167 | SH |  | SOLE |  | 3070370 | 0 | 30797 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 13783922 | 577700 | SH |  | OTR | 1 | 0 | 577700 | 0 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 581863313 | 24386560 | SH |  | SOLE |  | 24365574 | 0 | 20986 |
| CORTEVA INC | COM | 22052L104 |  | 52313393 | 624936 | SH |  | OTR | 1 | 0 | 624936 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 1341971505 | 16031197 | SH |  | SOLE |  | 15874854 | 0 | 156343 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 360708 | 362 | SH |  | SOLE |  | 362 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 2643200 | 140000 | SH |  | OTR | 1 | 0 | 140000 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 185814204 | 9841854 | SH |  | SOLE |  | 9841854 | 0 | 0 |
| CROWN HLDGS INC | COM | 228368106 |  | 19208401 | 191605 | SH |  | SOLE |  | 191505 | 0 | 100 |
| CUSHMAN AND WAKEFIELD LTD | COMMON SHARES | G2717C106 |  | 23098539 | 1884057 | SH |  | SOLE |  | 1879226 | 0 | 4831 |
| CVS HEALTH CORP | COM | 126650100 |  | 35488129 | 494126 | SH |  | SOLE |  | 493856 | 0 | 270 |
| DANAHER CORP DEL | COM | 235851102 |  | 348485 | 1838 | SH |  | SOLE |  | 1838 | 0 | 0 |
| DEERE & CO | COM | 244199105 |  | 292065417 | 518490 | SH |  | SOLE |  | 459568 | 0 | 58922 |
| DELTA AIR LINES INC | COM NEW | 247361702 |  | 44116793 | 663610 | SH |  | OTR | 1 | 0 | 663610 | 0 |
| DELTA AIR LINES INC | COM NEW | 247361702 |  | 1152719583 | 17339344 | SH |  | SOLE |  | 17140969 | 0 | 198375 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 245313 | 3295 | SH |  | SOLE |  | 3295 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 2472842 | 11863 | SH |  | SOLE |  | 11863 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 40475030 | 138258 | SH |  | OTR | 1 | 0 | 138258 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 1363707957 | 4658268 | SH |  | SOLE |  | 4268414 | 0 | 389854 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 99535000 | 340000 | SH | Call | SOLE |  | 340000 | 0 | 0 |
| ELI LILLY & CO | COM | 532457108 |  | 413897 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 |  | 82754302 | 3261896 | SH |  | SOLE |  | 3261896 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 11459630 | 79267 | SH |  | OTR | 1 | 0 | 79267 | 0 |
| EOG RES INC | COM | 26875P101 |  | 585793450 | 4051971 | SH |  | SOLE |  | 4048116 | 0 | 3855 |
| EQUIFAX INC | COM | 294429105 |  | 31694301 | 176011 | SH |  | OTR | 1 | 0 | 176011 | 0 |
| EQUIFAX INC | COM | 294429105 |  | 1324073614 | 7353105 | SH |  | SOLE |  | 6900798 | 0 | 452307 |
| EQUITABLE HLDGS INC | COM | 29452E101 |  | 1048172 | 28245 | SH |  | SOLE |  | 28245 | 0 | 0 |
| ERMENEGILDO ZEGNA N V | ORD SHS | N30577105 |  | 30340956 | 2911800 | SH |  | SOLE |  | 2598000 | 0 | 313800 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 248722 | 1466 | SH |  | SOLE |  | 1466 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 38072017 | 20201 | SH |  | OTR | 1 | 0 | 0 | 20201 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 1748775826 | 927900 | SH |  | SOLE |  | 0 | 0 | 927900 |
| FISERV INC | COM | 337738108 |  | 41195131 | 738264 | SH |  | OTR | 1 | 0 | 738264 | 0 |
| FISERV INC | COM | 337738108 |  | 1060164626 | 18999366 | SH |  | SOLE |  | 18733137 | 0 | 266229 |
| FISERV INC | COM | 337738108 |  | 53010000 | 950000 | SH | Call | SOLE |  | 950000 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 1629365 | 15982 | SH |  | OTR | 1 | 0 | 15982 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 |  | 113723390 | 1115482 | SH |  | SOLE |  | 1115482 | 0 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 3698298 | 33300 | SH |  | OTR | 1 | 0 | 33300 | 0 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 245478139 | 2210320 | SH |  | SOLE |  | 2210320 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 9260363 | 237628 | SH |  | OTR | 1 | 0 | 237628 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 278299812 | 7141386 | SH |  | SOLE |  | 6964816 | 0 | 176570 |
| GARTNER INC | COM | 366651107 |  | 496518455 | 3135774 | SH |  | SOLE |  | 2623794 | 0 | 511980 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 32730842 | 459832 | SH |  | OTR | 1 | 0 | 459832 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 1077320378 | 15135156 | SH |  | SOLE |  | 13617661 | 0 | 1517495 |
| GENERAL MTRS CO | COM | 37045V100 |  | 33038664 | 443472 | SH |  | OTR | 1 | 0 | 443472 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 969560642 | 13014237 | SH |  | SOLE |  | 12836454 | 0 | 177783 |
| GENUINE PARTS CO | COM | 372460105 |  | 18146700 | 171600 | SH |  | OTR | 1 | 0 | 171600 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 397873427 | 3762396 | SH |  | SOLE |  | 3705813 | 0 | 56583 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 27162011 | 403596 | SH |  | OTR | 1 | 0 | 403596 | 0 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 770701187 | 11451726 | SH |  | SOLE |  | 11296283 | 0 | 155443 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 24231692 | 28643 | SH |  | SOLE |  | 28617 | 0 | 26 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 14609769 | 1821667 | SH |  | SOLE |  | 1624800 | 0 | 196867 |
| HALEON PLC | SPON ADS | 405552100 |  | 2160158 | 215800 | SH |  | OTR | 1 | 0 | 215800 | 0 |
| HALEON PLC | SPON ADS | 405552100 |  | 148310572 | 14816241 | SH |  | SOLE |  | 14816241 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 74839593 | 158143 | SH |  | SOLE |  | 158143 | 0 | 0 |
| HERC HLDGS INC | COM | 42704L104 |  | 447477 | 4495 | SH |  | SOLE |  | 4495 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 29084036 | 95646 | SH |  | SOLE |  | 92546 | 0 | 3100 |
| ICON PLC | SHS | G4705A100 |  | 481516739 | 4351317 | SH |  | SOLE |  | 4349124 | 0 | 2193 |
| IDEXX LABS INC | COM | 45168D104 |  | 270831 | 482 | SH |  | SOLE |  | 482 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 51451478 | 327133 | SH |  | OTR | 1 | 0 | 327133 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 2518858785 | 16015125 | SH |  | SOLE |  | 15240899 | 0 | 774226 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 33207208 | 194718 | SH |  | OTR | 1 | 0 | 194718 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 2044528487 | 11988557 | SH |  | SOLE |  | 10996260 | 0 | 992297 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 132184 | 533 | SH |  | SOLE |  | 533 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 151100 | 1092 | SH |  | SOLE |  | 1092 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 |  | 2659 | 28 | SH |  | SOLE |  | 28 | 0 | 0 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 2562 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 376066 | 3736 | SH |  | SOLE |  | 3736 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 962483 | 7350 | SH |  | SOLE |  | 7350 | 0 | 0 |
| JPMORGAN CHASE & CO | COM | 46625H100 |  | 1710540 | 5815 | SH |  | SOLE |  | 5815 | 0 | 0 |
| KB FINL GROUP INC | SPONSORED ADR | 48241A105 |  | 8324862 | 83474 | SH |  | SOLE |  | 2074 | 0 | 81400 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 46943652 | 1782896 | SH |  | OTR | 1 | 0 | 1782896 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 2403913657 | 91299417 | SH |  | SOLE |  | 86735539 | 0 | 4563878 |
| KKR & CO INC | COM | 48251W104 |  | 34207888 | 369815 | SH |  | SOLE |  | 369815 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 |  | 1443879 | 11925 | SH |  | SOLE |  | 11925 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 216197 | 4305 | SH |  | SOLE |  | 4305 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 4349139 | 86464 | SH |  | OTR | 1 | 0 | 86464 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 198295804 | 3942263 | SH |  | SOLE |  | 3885187 | 0 | 57076 |
| LITHIA MTRS INC | COM | 536797103 |  | 488611392 | 1956637 | SH |  | SOLE |  | 1956507 | 0 | 130 |
| MARATHON PETE CORP | COM | 56585A102 |  | 11455216 | 46913 | SH |  | OTR | 1 | 0 | 46913 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 673706917 | 2759059 | SH |  | SOLE |  | 2737633 | 0 | 21426 |
| MARSH & MCLENNAN COS INC | COM | 571748102 |  | 13876000 | 80000 | SH |  | OTR | 1 | 0 | 80000 | 0 |
| MARSH & MCLENNAN COS INC | COM | 571748102 |  | 882707647 | 5089119 | SH |  | SOLE |  | 5037133 | 0 | 51986 |
| MASCO CORP | COM | 574599106 |  | 9332779 | 154593 | SH |  | OTR | 1 | 0 | 154593 | 0 |
| MASCO CORP | COM | 574599106 |  | 509652039 | 8442141 | SH |  | SOLE |  | 8318014 | 0 | 124127 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 59267280 | 118615 | SH |  | SOLE |  | 118615 | 0 | 0 |
| MERCK & CO INC | COM | 58933Y105 |  | 51221527 | 425817 | SH |  | OTR | 1 | 0 | 425817 | 0 |
| MERCK & CO INC | COM | 58933Y105 |  | 1436396874 | 11941116 | SH |  | SOLE |  | 11769059 | 0 | 172057 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2552272 | 4461 | SH |  | SOLE |  | 4461 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2501239 | 6757 | SH |  | SOLE |  | 6757 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 130386995 | 978147 | SH |  | SOLE |  | 694284 | 0 | 283863 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 324597124 | 5631456 | SH |  | SOLE |  | 3755042 | 0 | 1876414 |
| MOODYS CORP | COM | 615369105 |  | 831056 | 1905 | SH |  | SOLE |  | 1905 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 14421113 | 169880 | SH |  | OTR | 1 | 0 | 169880 | 0 |
| NASDAQ INC | COM | 631103108 |  | 665563351 | 7840303 | SH |  | SOLE |  | 7733111 | 0 | 107192 |
| NETFLIX INC. | COM | 64110L106 |  | 15951285 | 165900 | SH |  | OTR | 1 | 0 | 165900 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 932065894 | 9693873 | SH |  | SOLE |  | 8883394 | 0 | 810479 |
| NIKE INC | CL B | 654106103 |  | 27411203 | 518955 | SH |  | OTR | 1 | 0 | 518955 | 0 |
| NIKE INC | CL B | 654106103 |  | 753070785 | 14257304 | SH |  | SOLE |  | 14064487 | 0 | 192817 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 133540 | 14854 | SH |  | SOLE |  | 14854 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2174419 | 12468 | SH |  | SOLE |  | 12468 | 0 | 0 |
| OPENLANE INC | COM | 48238T109 |  | 16649227 | 571157 | SH |  | SOLE |  | 571157 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 108938633 | 740525 | SH |  | SOLE |  | 740525 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 231856 | 1575 | SH |  | SOLE |  | 1575 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 99063830 | 915393 | SH |  | SOLE |  | 913335 | 0 | 2058 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 264096 | 295 | SH |  | SOLE |  | 295 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 395949852 | 3257774 | SH |  | SOLE |  | 3257744 | 0 | 30 |
| PEPSICO INC | COM | 713448108 |  | 258558 | 1665 | SH |  | SOLE |  | 1665 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 843069 | 5099 | SH |  | SOLE |  | 5099 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 52438509 | 287839 | SH |  | OTR | 1 | 0 | 287839 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 1611671595 | 8846589 | SH |  | SOLE |  | 8648702 | 0 | 197887 |
| PROCTER & GAMBLE CO | COM | 742718109 |  | 215793 | 1494 | SH |  | SOLE |  | 1494 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 12741520 | 88000 | SH |  | OTR | 1 | 0 | 88000 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 483210712 | 3337321 | SH |  | SOLE |  | 3281680 | 0 | 55641 |
| REINSURANCE GROUP AMER INC | COM NEW | 759351604 |  | 17379120 | 85125 | SH |  | OTR | 1 | 0 | 85125 | 0 |
| REINSURANCE GROUP AMER INC | COM NEW | 759351604 |  | 972894399 | 4765353 | SH |  | SOLE |  | 4711198 | 0 | 54155 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 13623610 | 38500 | SH |  | OTR | 1 | 0 | 38500 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 598393545 | 1691046 | SH |  | SOLE |  | 1666332 | 0 | 24714 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 541297 | 9365 | SH |  | OTR | 1 | 0 | 9365 | 0 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 48367791 | 836813 | SH |  | SOLE |  | 836813 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 50194070 | 268892 | SH |  | OTR | 1 | 0 | 268892 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 2734547719 | 14649101 | SH |  | SOLE |  | 13744471 | 0 | 904630 |
| SAP SE | SPON ADR | 803054204 |  | 248939 | 1454 | SH |  | SOLE |  | 1454 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 44130659 | 469575 | SH |  | OTR | 1 | 0 | 469575 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2005805805 | 21342901 | SH |  | SOLE |  | 20269029 | 0 | 1073872 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 53749277 | 1278223 | SH |  | SOLE |  | 1276823 | 0 | 1400 |
| STATE STR CORP | COM | 857477103 |  | 38305409 | 302666 | SH |  | OTR | 1 | 0 | 0 | 302666 |
| STATE STR CORP | COM | 857477103 |  | 739777238 | 5845269 | SH |  | SOLE |  | 0 | 0 | 5845269 |
| STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 |  | 5015422 | 7712 | SH |  | SOLE |  | 7712 | 0 | 0 |
| SUNBELT RENTALS HOLDINGS INC | SHS | 866966104 |  | 6330003 | 97250 | SH |  | OTR | 1 | 0 | 97250 | 0 |
| SUNBELT RENTALS HOLDINGS INC | SHS | 866966104 |  | 752185442 | 11556083 | SH |  | SOLE |  | 9654083 | 0 | 1902000 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 7115572 | 104610 | SH |  | OTR | 1 | 0 | 104610 | 0 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 309789663 | 4554391 | SH |  | SOLE |  | 4509914 | 0 | 44477 |
| SYSCO CORP | COM | 871829107 |  | 6533828 | 91600 | SH |  | OTR | 1 | 0 | 91600 | 0 |
| SYSCO CORP | COM | 871829107 |  | 778738998 | 10917412 | SH |  | SOLE |  | 9354892 | 0 | 1562520 |
| TARGA RES CORP | COM | 87612G101 |  | 59147207 | 235900 | SH |  | OTR | 1 | 0 | 235900 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 2128021531 | 8487303 | SH |  | SOLE |  | 8362666 | 0 | 124637 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 7817139 | 37399 | SH |  | OTR | 1 | 0 | 37399 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 580823794 | 2778795 | SH |  | SOLE |  | 2683811 | 0 | 94984 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 452904 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 9223591 | 47510 | SH |  | SOLE |  | 47510 | 0 | 0 |
| THOR INDS INC | COM | 885160101 |  | 76900316 | 962577 | SH |  | SOLE |  | 894581 | 0 | 67996 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 1040301 | 22630 | SH |  | SOLE |  | 22630 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 234887 | 4123 | SH |  | SOLE |  | 4123 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 36684144 | 151200 | SH |  | OTR | 1 | 0 | 151200 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 881010910 | 3631238 | SH |  | SOLE |  | 3575751 | 0 | 55487 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 95670003 | 745558 | SH |  | SOLE |  | 743819 | 0 | 1739 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 180145 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 504626 | 2572 | SH |  | SOLE |  | 2572 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 216784662 | 717260 | SH |  | SOLE |  | 716119 | 0 | 1141 |
| WALMART INC | COM | 931142103 |  | 258502 | 2080 | SH |  | SOLE |  | 2080 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 19762989 | 719701 | SH |  | OTR | 1 | 0 | 719701 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 882958122 | 32154338 | SH |  | SOLE |  | 31923202 | 0 | 231136 |
| WARNER MUSIC GROUP CORP | COM CL A | 934550203 |  | 41143025 | 1610925 | SH |  | SOLE |  | 1610375 | 0 | 550 |
| WATERS CORP | COM | 941848103 |  | 85978434 | 288712 | SH |  | SOLE |  | 221212 | 0 | 67500 |
| WELLS FARGO & CO | COM | 949746101 |  | 27365539 | 343745 | SH |  | OTR | 1 | 0 | 343745 | 0 |
| WELLS FARGO & CO | COM | 949746101 |  | 847008694 | 10639476 | SH |  | SOLE |  | 10527957 | 0 | 111519 |
| WENDYS CO | COM | 95058W100 |  | 41212117 | 5929801 | SH |  | SOLE |  | 5919770 | 0 | 10031 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 48722774 | 167605 | SH |  | OTR | 1 | 0 | 167605 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 1700617359 | 5850077 | SH |  | SOLE |  | 5435828 | 0 | 414249 |
| WORKDAY INC | CL A | 98138H101 |  | 1515777 | 11667 | SH |  | SOLE |  | 11667 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 40048013 | 442911 | SH |  | OTR | 1 | 0 | 442911 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 1131789670 | 12517028 | SH |  | SOLE |  | 12336616 | 0 | 180412 |

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