Oakmark Fund’s Q4 2022 Investor Letter

Oakmark Funds, an investment management company, released its “Oakmark Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund generated a 10.3% return compared to a 7.6% return for the S&P 500 Index. During the year 2022, the fund returned -13.4% compared to the -18.1% return for the S&P 500 Index. Every sector in which the fund invested contributed positively to the fund’s performance in the quarter. The financials and energy sectors were the largest contributors. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.