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.
Partner and CIO-U.S. Equities
Bill Nygren has been a manager of the Oakmark Select Fund since 1996, Oakmark Fund since 2000 and the Oakmark Global Select Fund since 2006. He is also the chief investment officer for U.S. equities at Harris Associates, which he joined in 1983, and a vice president of the Oakmark Funds. He served as the firm’s director of 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.
News
August 3, 2021
Portfolio Manager Bill Nygren talked about recent portfolio activity in a CNBC “Halftime Report” interview.
News
July 12, 2021
Portfolio Manager Bill Nygren talked about sectors he finds attractive, such as energy, technology and financials, in a CNBC “Closing Bell” interview.
News
July 7, 2021
Portfolio Manager Bill Nygren talked about why he is open to less traditional value stocks in a “Barron’s” interview.
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 for 2020. As long-term investors, we don’t think it matters.
Commentary
Bill Nygren Market Commentary | 2Q21
July 8, 2021
Governance is a back-burner issue for investors who trade their portfolios frequently. When you only hold a stock for a few months, it barely matters. But when your holding period is measured in years,...
Oakmark Fund: Second Quarter 2021
July 8, 2021
Following an unusually elevated year of portfolio turnover (at least by Oakmark standards), we added just one new position to the portfolio during the second quarter. That’s not to say we weren’t active. We...
Oakmark Select Fund: Second Quarter 2021
July 8, 2021
During the second quarter of 2021, the U.S. economy continued its reopening and, as a result, business fundamentals improved further. Not surprisingly, equity prices followed suit.