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
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).
News
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...
News
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.
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.
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.