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, the Oakmark Fund since 2000 and the Oakmark U.S. Large Cap ETF since 2024. 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

Our bottom-up approach to a top-down crisis | U.S. equity market commentary 2Q 2025

June 30, 2025

Despite the shortest bear market in modern times, we had some opportunity to capitalize on the chaos.

The S&P 500 has corrected, now what? | U.S. equity market commentary 1Q 2025

March 31, 2025

During March, the S&P 500 fell 10% from its year-to-date peak in January; should investors be worried? Considering past market cycles, we believe staying invested and rebalancing portfolios pays off over the long-term.

Oakmark Fund: First Calendar Quarter 2025

March 31, 2025

With stock prices down, the team is taking advantage of the opportunity by seeking companies with attractive risk-adjusted returns. An insurance company was a top contributor, while a technology company was a top detractor.

News + Insights

Bill Nygren news image

News

Is now an unusually attractive time for value stocks?

July 9, 2025

Harris | Oakmark CIO-U.S. and Portfolio Manager Bill Nygren shares why value stocks abound in many sectors and how they may help reduce overall...

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News

Bill Nygren on “The Investors Podcast: Richer, Wiser, Happier” (06.21.25)

June 21, 2025

CIO–U.S. and Portfolio Manager Bill Nygren appeared on “The Investors Podcast: Richer, Wiser, Happier” to talk about the processes, principles, habits and mindset that...

Bill Nygren- Portfolio Manager- CNBC image

News

Bill Nygren on CNBC’s “Squawk Box” (06.20.25)

June 20, 2025

Harris | Oakmark CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Squawk Box” to discuss the latest market trends, state of the economy, impact...

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.