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
Robert Bierig has been a manager of the Oakmark Fund and the Oakmark Select Fund since 2022 and the Oakmark U.S. Large Cap ETF since 2024. He is also a portfolio manager and U.S. investment analyst at Harris Associates as well as a vice president of the Oakmark Funds.
He joined Harris Associates in 2012 after serving as managing principal at Amethyst Capital, managing director at GEICO Investments, investor at Frist Capital, investment analyst at ESL Investments and investment banking analyst at Morgan Stanley.
Mr. Bierig earned a B.A. in economics from Duke University (2000).
Insights
March 23, 2025
Portfolio manager Bobby Bierig discusses our value investing philosophy and recently launched Oakmark U.S. Large Cap ETF (OAKM) on First Look ETF.
Insights
February 27, 2025
Portfolio Managers Alex Fitch, Robert Bierig and Mike Nicolas answer shareholder questions ranging from the impact of inflation and AI, to portfolio positioning and...
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 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...
Oakmark Fund: Fourth Calendar Quarter 2024
December 31, 2024
While broad market valuations are above historic averages, the wide spread in valuation multiples is providing us with opportunities to invest in a diversified mix of high-quality businesses at attractive prices.