Value investing redefined

The Oakmark family of mutual funds is an extension of Harris Associates’ value-focused approach to investing. For more about our selection of funds, visit Oakmark.com.

The Oakmark Funds

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
1-800-OAKMARK (625-6275)

U.S. Equity

U.S. Equity portfolios hold approximately 40 securities with a market cap focus of $5 billion and above at the time of purchase.

Strategy’s Best Use:

Institutional investors and clients working through financial professionals seeking a U.S.-only exposure.

Portfolio Construction:

Our bottom-up selection process leads to approximately 40 portfolio holdings with a market cap focus greater than $5 billion or more. We don’t restrict specific sector allocations. Instead, our allocations are determined through our stock selection process. However, exposure to a single industry typically doesn’t exceed 25 percent, and we generally restrict position size to 7 percent at the time of the initial purchase.

A Value Approach at Its Core:

We follow the same strict, value-oriented approach to investing that we use with each of our strategies, seeking out substantially underpriced companies with strong business fundamentals and proven shareholder-oriented management teams.

What to Expect as a Client:

You can expect to receive the highest level of care from our experienced and responsive client services team regardless of the size of the portfolio you entrust with us. 

Portfolio Managers

View Our Team

Contact Us to Learn More

For questions please contact us or call 312-646-3600.

Commentary

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U.S. Equity Strategy

U.S. Equity Strategy - U.S. stock market indexes finished higher for the quarter as gains in October and December...

Growth of a $10,000 Investment

From 06/30/1998 to 12/31/2021

Performance Returns

  • Returns % as of 12/31/2021
Composite Inception: 07/01/1998

Returns for periods of less than one year are not annualized.

Portfolio Characteristics

As of 12/31/2021

Median Market Cap

$65,217 M

Weighted Average Market Cap

$292,954 M

Current Price to Earnings Ratio

18.3

Projected Price to Earnings

16.6

Current Price to Book Ratio

2.9

Projected Price to Book

2.6

Current Price to Cash Flow

16.1

Projected Price to Cash Flow

13.8

Number of Securities

49

Portfolio Turnover

29%

Dividend Yield

0.79%

Beta vs. Benchmark

1.079

Standard Deviation

17.91%

Active Share

85.05%

Equity Sector Breakdowns

As of 12/31/2021

Top 10 Equities and Equivalents

As of 12/31/2021

Total % in Top 10 Holdings 35.4%

Total # of Holdings 49

Portfolio holdings are subject to change and are not intended as recommendations of individual stocks. Individual security weights may not add to the displayed total due to rounding.