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- Portfolio Manager- Headshot

William C. Nygren, CFA

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.

Commentary

Bill Nygren Market Commentary | 3Q20

September 30, 2020

In the Oakmark Fund, we buy large businesses because we view them as less risky than small businesses. Rather than defining “large” based on market capitalization, we define it by business fundamentals: sales, net...

Oakmark Fund: Third Quarter 2020

September 30, 2020

Our disciplined investment process and long-term focus enable us to capitalize on dislocations between stock price and business value without having to speculate about short-term catalysts or to manage to a specific benchmark.

Oakmark Select Fund: Third Quarter 2020

September 30, 2020

During the quarter, we bought one new position in the Select Fund, which has been a longstanding holding in more diversified Oakmark portfolios. We were happy to take advantage of the pandemic-driven stock price...

News + Insights

Bill Nygren- Portfolio Manager- portrait in front of a window

News

Bill Nygren Interview with Graham & Doddsville

October 28, 2020

In an interview for the Graham & Doddsville newsletter, Portfolio Manager Bill Nygren discussed his investment experience, the firm’s approach to value investing and...

Bill Nygren- Portfolio Manager- CNBC headshot

News

Bill Nygren on CNBC’s “Halftime Report” (10.26.20)

October 26, 2020

Portfolio Manager Bill Nygren discussed third-quarter portfolio changes on CNBC’s “Halftime Report.”

Bill Nygren- Portfolio Manager- portrait in front of a window

News

GuruFocus “Value Investing Live” with Bill Nygren (10.14.20)

October 14, 2020

Bill Nygren participated in GuruFocus’ “Value Investing Live” where he talked about the firm’s investment process and how it may differ from other value...

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 for 2020. As long-term investors, we don’t think it matters.