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, 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.
Insights
April 16, 2025
Bill Nygren, CIO-U.S. and portfolio manager, discusses the criteria used to evaluate the management teams and companies he and his team invest in.
News
April 3, 2025
Harris | Oakmark CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Squawk Box” to discuss tariffs and where he’s finding value in today’s market.
News
March 12, 2025
Harris | Oakmark CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Money Movers” to discuss where he’s finding value in today’s market.
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.
Commentary
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.
Oakmark Select 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. A financial services holding was a top contributor, while a technology company was a top...