Oakmark Funds released its 2019 Q3 letter to investors giving its commentary on a number of its positions, highlighting the investment strategy and stock picks for the quarter- download a copy here.
The investment management company did not have a good quarter, losing 2.1%, while the S&P 500 gained 1.7%. For the fiscal year ending September 30, the Oakmark Fund was down 5.7%, behind a 4.3% gain for the S&P 500.
During the quarter, Oakmark initiated a position in Humana Inc (NYSE: HUM), a...
