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
May 5, 2023
Portfolio Manager Bill Nygren talked about opportunities in the financials sector on CNBC’s “Squawk on the Street.”
Insights
April 27, 2023
Portfolio Manager Bill Nygren writes about the importance of educational shareholder letters.
News
April 19, 2023
Portfolio Manager Bill Nygren discussed recent portfolio activity, including in the financials and communication services sectors, in an interview on CNBC’s “Squawk on the...
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 | 1Q23
March 31, 2023
At Oakmark, we never feel pressured to find the next great deal. Our team has largely been together for more than a decade, we have always invested in public securities, and we never take...
Oakmark Fund: First Calendar Quarter 2023
March 31, 2023
We initiated two new holdings and eliminated three others during the first quarter. We sold the positions as each approached our estimate of intrinsic value. We believe our recent purchases are more attractive on...
Oakmark Select Fund: First Calendar Quarter 2023
March 31, 2023
During the quarter, the largest contributing sectors were communication services and information technology. The largest detracting sectors were energy and real estate.