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.
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
January 12, 2023
Portfolio Manager Bill Nygren appeared on CNBC’s “Squawk on the Street” to talk about new buys and sells in the portfolio.
News
December 29, 2022
Portfolio Managers Bill Nygren and Alex Fitch appeared on the “We Study Billionaires” podcast to discuss navigating the current market environment and provide examples...
News
November 29, 2022
Portfolio Manager Bill Nygren talked about where he sees opportunities today, including in the financials and communication services sectors, on CNBC’s “Closing Bell.”
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 | 4Q22
December 31, 2022
This quarter’s commentary includes an excerpted version of my interview with The Motley Fool.
Oakmark Fund: Fourth Quarter 2022
December 31, 2022
We initiated two new holdings and eliminated two others in the fourth quarter. We believe that these new investments are more attractive positions on a risk-adjusted basis for the Fund.
Oakmark Select Fund: Fourth Quarter 2022
December 31, 2022
We believe that the lower and more widely dispersed valuations in the market today have allowed us to redeploy capital into increasingly attractive investments. We are optimistic that these decisions will sow the seeds...