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

Michael A. Nicolas - Portfolio Manager - Headshot

Michael A. Nicolas, CFA

Partner and Portfolio Manager

Michael Nicolas has been a co-manager of the Oakmark Fund since 2020. He is also an investment analyst at Harris Associates and a vice president of the Oakmark Funds.

He started at Harris Associates in 2013 after serving as a managing director at Lakeview Investment Group. Prior to that, he was a senior analyst at Stratford Advisory Group.

Mr. Nicolas earned a B.B.A. from the University of Wisconsin-Madison (2002).

Funds under management

Commentary

Oakmark Fund: Second Quarter 2021

July 8, 2021

Following an unusually elevated year of portfolio turnover (at least by Oakmark standards), we added just one new position to the portfolio during the second quarter. That’s not to say we weren’t active. We...

Oakmark Fund: First Quarter 2021

March 31, 2021

The economic recovery that began late last year carried into the first quarter, benefitting many of our cyclical holdings. Both interest rates and oil prices increased meaningfully during the recent quarter, helping many of...

Oakmark Fund: Fourth Quarter 2020

December 31, 2020

Enthusiasm about the efficacy and timing of the Covid-19 vaccines benefitted many of our most economically sensitive, cyclical holdings during the quarter.

News + Insights

Michael Nicolas in front of the window.

News

Mike Nicolas Interview with “The Wall Street Transcript”

December 21, 2020

Portfolio Manager Mike Nicolas discussed the firm’s investment philosophy and process as well as holdings in the Oakmark Fund during an interview with “The...

Michael Nicolas in front of the window.

News

New Co-Portfolio Manager for the Oakmark Fund

January 28, 2020

Michael Nicolas, an investment analyst at Harris Associates L.P., adviser to the Oakmark Funds, has been appointed co-manager of the Oakmark Fund.

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.