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.
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 Portfolio Manager
John Sitarz has been a manager for the Oakmark Global Fund and the Oakmark Global Select Fund since 2022. He is also an investment analyst at Harris Associates and a vice president of the Oakmark Funds.
He joined Harris Associates in 2013. During his time at the firm, he has served as a research associate and assistant. Prior to that he was an audit senior assistant at Deloitte & Touche.
Mr. Sitarz earned B.S. degrees in accounting and business administration from the University of Denver (2012).
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
Oakmark Global Fund: Second Calendar Quarter 2023
June 30, 2023
During the quarter, we initiated new positions in three companies and eliminated our positions in four companies.
Oakmark Global Select Fund: Second Calendar Quarter 2023
June 30, 2023
A top contributor to the Fund’s performance was a global communications services provided based in the U.S., while a Chinese multinational technology company was a top detractor.
Oakmark Global Fund: First Calendar Quarter 2023
March 31, 2023
Given the volatility in the quarter, we were more active than usual adding six new names and selling seven.