Oakmark Select Fund’s Q4 2025 Investor Letter

Oakmark Funds, advised by Harris Associates, released its “Oakmark Select Fund” fourth-quarter 2025 investor letter. 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) outperformed the S&P 500 Index, returning 8.42% vs. 2.66% for the index. Communication services and financials were the top contributors at the sector level, while industrials detracted from the performance. In addition, you can check the Fund’s top five holdings to determine its best picks for 2025.

A copy of Oakmark Select Fund’s Q4 2025 investor letter can be downloaded here.