The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.

Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.

Harris Associates

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
312-646-3600

Bill Nygren portrait

William C. Nygren, CFA

Partner and CIO-U.S.

Bill Nygren has been a manager of the Oakmark Select Fund since 1996, the Oakmark Fund since 2000 and the Oakmark U.S. Large Cap ETF since 2024. He was a manager of the Oakmark Global Select Fund from 2006 to 2023. Mr. Nygren is also the chief investment officer-U.S. at Harris Associates, which he joined in 1983, and a vice president of the Oakmark Funds. He served as the firm’s director of U.S. research from 1990 to 1998.

Mr. Nygren has received many accolades during his investment career, including being named Morningstar’s Domestic Stock Manager of the Year for 2001.

He holds an M.S. in finance from the University of Wisconsin’s Applied Security Analysis Program (1981) and a B.S. in accounting from the University of Minnesota (1980).

According to Morningstar, the Morningstar Manager of the Year award is presented to portfolio managers based on the managers’ (i) “ability to generate exceptional returns;” (ii) “willingness to align their interests with shareholders;” and (iii) “courage to stay with their strategies in order to produce superior risk-adjusted returns in the end.

Funds under management

Commentary

Oakmark, still a large company fund | U.S. equity market commentary 4Q 2024

December 31, 2024

Despite the dwindling large-cap stock universe, we are still finding fundamentally large businesses that meet our value investment criteria.

Oakmark Fund: Fourth Calendar Quarter 2024

December 31, 2024

While broad market valuations are above historic averages, the wide spread in valuation multiples is providing us with opportunities to invest in a diversified mix of high-quality businesses at attractive prices.

Oakmark Select Fund: Fourth Calendar Quarter 2024

December 31, 2024

We believe the wide spread in valuation multiples provides our clients with both a margin of safety and the potential for superior future returns.

News + Insights

Bill Nygren news image

Insights

Why the odds may favor value stocks

January 6, 2025

CIO-U.S. and PM Bill Nygren discusses the wide spread in valuations in today’s S&P 500 and the opportunity it may provide for the patient...

Bill Nygren news image

Insights

Who will be named NFL Coach of the Year, and what can they teach us about investing?

December 20, 2024

Top NFL coaches drive strong cultures, and the lessons apply to investment firms.

Bill Nygren news image

News

Bill Nygren in MarketWatch (11.06.24)

November 6, 2024

CIO-U.S. and Portfolio Manager Bill Nygren discussed the wide spread between stocks with high and low P/E ratios and highlighted five companies that provide...

We do value investing differently

At Oakmark, we don’t have an opinion about how equities will perform this year, if a recession will start or if the political parties will produce pro-growth candidates during the next election cycle. As long-term investors, we don’t think it matters.