Centene Corporation (CNC) Rallied Following the Robust Result

Harris Oakmark recently released its second-quarter 2026 investor letter for the “Oakmark Select Fund”. A copy of the letter can be downloaded here. Oakmark Select Fund is a non-diversified fund that aims to deliver capital appreciation by investing in mid- and large-cap US companies.  In the quarter, the Fund (investor class) trailed the S&P 500 Index, returning 9.39% vs. 15.20 % for the index. At the sector level, health care and consumer staples contributed to performance, while information technology and energy detracted. Investors continued to favor companies perceived to be...