Oakmark Fund’s Q1 2023 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. The fund returned 8.1% in the first quarter compared to a 7.5% return for the S&P 500 Index. The firm is happy to have the capital compounded at 12% per annum for the past decade. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.