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 and Oakmark Fund since 2000. 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

Navigating market highs and (avoiding) value traps – U.S. equity market commentary 1Q24

March 31, 2024

We aren’t market timers at Oakmark because we don’t believe we can be right often enough to overcome the strong tailwind of rising equity values. Our approach to new highs is to do what...

Oakmark Fund: First Calendar Quarter 2024

March 31, 2024

Amid the outperformance of growth stocks to start the year, we are finding attractive opportunities that meet our value investment criteria, which led to us initiating three new holdings during the quarter. ...

Oakmark Select Fund: First Calendar Quarter 2024

March 31, 2024

Amid the outperformance of growth stocks to start the year, we are finding attractive opportunities that meet our value investment criteria, which led to us initiating a new holding during the quarter.

News + Insights

Bill Nygren- Portfolio Manager- CNBC image

News

Bill Nygren on CNBC’s “Closing Bell: Overtime” (04.16.24)

April 16, 2024

Portfolio Manager Bill Nygren talked about why he finds attractive opportunities in the energy and financials sectors during a CNBC “Closing Bell: Overtime” interview.

Image of Bill Nygren and Adam Abbas

Insights

Is the 60/40 portfolio dead or alive?

March 11, 2024

Portfolio Managers Bill Nygren and Adam Abbas talk about the efficacy of a 60/40 portfolio and why bonds are critical to portfolio construction today....

Bill Nygren news image

Insights

Why do new highs matter?

March 8, 2024

Bill Nygren, CIO-U.S. and portfolio manager, shares his perspectives as the Oakmark Fund hits new milestones during the first quarter of 2024.

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.