Bill Nygren

Bill Nygren

Last Update: 2014-08-08

Number of Stocks: 57
Number of New Stocks: 3

Total Value: $13,956 Mil
Q/Q Turnover: 19%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Bill Nygren' s Profile & Performance

Profile

Bill Nygren is Portfolio Manager of The Oakmark Fund, The Oakmark Select Fund, and the Oakmark Global Select Fund. Bill has an M.S. in Finance from the University of Wisconsin-Madison, and a B.S. in Accounting from the University of Minnesota.

Web Page:http://www.oakmark.com/

Investing Philosophy

Bill Nygren and his partners are value investors, and they invest in companies that they believe trade at a substantial discount to what they consider to be the true business value. They believe that, over time, the price of a stock will rise to reflect the value of the underlying company. In evaluating potential investments, they focus on the following characteristics: A company's stock price and whether it is a significant discount to their estimate of underlying business value, free cash flows and intelligent investment of excess cash, and a high level of manager ownership. They look at each purchase as if they are buying a piece of a business, and not just a stock certificate.

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of Oakmark Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201337.2931.555.7
201220.9715.45.6
20111.822.08-0.3
3-Year Cumulative69.1 (19.1%/year)55 (15.7%/year)14.1 (3.4%/year)
201012.1815.06-2.9
200944.7726.4618.3
5-Year Cumulative174.6 (22.4%/year)125.5 (17.7%/year)49.1 (4.7%/year)
2008-32.61-374.4
2007-3.645.61-9.3
200618.2615.792.5
2005-1.314.91-6.2
200411.7312-0.3
10-Year Cumulative132.6 (8.8%/year)104.1 (7.4%/year)28.5 (1.4%/year)
200325.328.7-3.4
2002-14.41-22.17.7
200118.29-11.930.2
200011.78-9.120.9
1999-10.4721-31.5
15-Year Cumulative195.2 (7.5%/year)98.3 (4.7%/year)96.9 (2.8%/year)
19983.7328.6-24.9
199732.5933.4-0.8
199616.2123-6.8
199534.4237.6-3.2
19943.311.32.0
20-Year Cumulative555.3 (9.9%/year)483.2 (9.2%/year)72.1 (0.7%/year)
199330.510.120.4
199248.97.641.3

Top Ranked Articles

Bill Nygren's Investing Answers to GuruFocus Q&A
GuruFocus took reader questions for highly respected and well-known value investor Bill Nygren of the Oakmark Funds (OAKIX)(OAKMX) a few weeks ago. Read more...
Gurus On Board: Ask Bill Nygren -- The Answers
Bill Nygren is the portfolio manager of the $5.8 billion Oakmark Fund (10–year average 7.26% ) and more concentrated $5.9 billion Oakmark Select Fund (10-year average 15.16%). Recently our readers got an opportunity to ask him questions, and today we got his answers back. Read more...
JNJ CFO on Synthes Financing
On Tuesday, Dominic Caruso, CFO and VP at Johnson & Johnson (JNJ), presented at the Morgan Stanley Global Healthcare Conference. Most people know the back story on JNJ and where they stand today, so I won’t waste too much time on that topic. The one item that has been a key focal point in investor discussions as of late is the Synthes acquisition. A bit of the background from the press release in April when the deal was announced: Read more...
Kohl's- 20% off for a limited time only!
A while ago I ran a quick screen for cheap stocks with demonstrated earnings growth and a strong financial position. Often, screening for stocks leads me to small or unheard of companies, which sometimes do indeed present valuable opportunities. However, after this particular screen, one company was on my list which I needed no introduction to- Kohl’s. After a cursory analysis, I decided to research the company more thoroughly… Read more...
Bill Nygren on Best Buy (BBY), Capital One Financial (COF), Federal Express (FDX), Home Depot (HD)
Bill Nygren is the portfolio manager of the $5.8 billion Oakmark Fund (10–year average 7.26%) and more concentrated $5.9 billion Oakmark Select Fund (10-year average 15.16%). Read more...
» More Bill Nygren Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

National Oilwell Varco On the Uptick Following Several Acquisitions
In this article, let's take a look at National Oilwell Varco, Inc. (NOV), a $35.56 billion market cap company that designs and manufactures drill rig equipment, provides down hole tools and services, and well as supply chain integration services to the upstream oil and gas industry. More...

Oil, gas, national oilwell varco, schlumberger, oceaneering international, halliburton


  • Currently 3.00/5

Rating: 3.0/5 (3 votes)

Home Depot Consistently Increased Its Dividend; Is It Enough? Bill Nygren,Jean-Marie Eveillard - Home Depot Consistently Increased Its Dividend; Is It Enough?
In this article, let's take a look at The Home Depot, Inc. (HD), a $125.31 billion market cap company, which is the world's largest home improvement retailer. The company operates a chain of over 2,200 retail warehouse-type stores, selling a wide variety of home improvement products for the do-it-yourself and home remodeling markets. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Oakmark Funds Commentary - 'Balance & Flexibility'
The Oakmark Equity & Income Fund has a simple but important objective: to preserve and grow its shareholders’ capital over time. In order to both preserve and grow capital, the Fund seeks to mitigate risk by finding the right balance between its equity and fixed income allocations. But finding this balance isn’t based on inflexible guidelines. Rather, the Fund’s managers strive to achieve balance by employing Harris Associates’ firm-wide value philosophy and active, bottom-up approach to investing. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Increasing the Exposure in the Consumer Finance sector: Capital One Financial Bill Nygren,David Dreman - Increasing The Exposure In The Consumer Finance Sector: Capital One Financial
In this article, let's take a look at Capital One Financial Corporation (COF), a $46.06 billion market cap company, which is a diversified financial services holding company which offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Why Should You Invest in Kohl´s?
In this article, let's take a look at Kohl's Corp (KSS), a $12.15 billion market cap company, which is a company that is engaged in the operation of family oriented department stores and a website (www.Kohls.com) that sell apparel, footwear and accessories for women, men and children, soft home products and housewares. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Portfolio Manager Bill Nygren Boosts Stakes in MasterCard
According to GuruFocusGuru Trades, on June 30, Bill Nygren (Trades, Portfolio), who is the portfolio manager of The Oakmark Fund, takes a long position on MasterCard, Inc. (MA). The company, an $88.49 billion market cap, has a trailing P/E ratio that indicates that the stock is relatively overvalued (27.3xvs15.2x of industry mean). So one question arises: Why is this hedge fund manager betting on it? More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

General Motors: A High-Yielding Stock
In this article, let's take a look at General Motors Company (GM), a $54.61 billion market cap company, which is the world's second-largest producer of cars and trucks. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Wal-Mart's ROE Is Stable During a Ten Years Period
In this article, let´s see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the Return on Equity (ROE), and we are going to analyze it in the case of Wal-Mart Stores Inc. (WMT). More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Widely Held Guru Stocks Near 52-Week Lows Bill Nygren,Jim Simons - Widely Held Guru Stocks Near 52-Week Lows
If you are looking to go bargain hunting for stocks, here are some well-known companies that have been lagging the markets and could be ready to reverse their downward trends. To use guidance from the investing gurus, I looked for stocks near their 52-week lows that are widely held by the gurus. The following link can be used to find similar stocks: 52-Week Low Guru Stocks. Following the gurus can provide confirmation of investing ideas. Our “Most Broadly Held Portfolio” has outperformed the S&P 500 by 32.57 percent since its inception on December 30, 2005. The portfolio contains the most widely held stocks by the gurus. More...

  • Currently 2.00/5

Rating: 2.0/5 (2 votes)

Franklin Resources: A Different Asset Manager
In this article, let's take a look at Franklin Resources Inc. (BEN), a $35.92 billion market cap company, which is one of the world's largest asset managers, serving retail, institutional and high-net-worth clients. Let's explore some reasons more closely to see if they are valid enough to invest in this stock. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren Comments on Intel
Our best-performing sectors for the second quarter were energy and information technology, and from these sectors, Apache and Intel (INTC) were the Fund’s two strongest individual contributors. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren Comments on Apache
Our best-performing sectors for the second quarter were energy and information technology, and from these sectors, Apache (APA) and Intel were the Fund’s two strongest individual contributors. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren Comments on News Corp
News Corp (NWSA) is a global media conglomerate with renowned and highly valuable content, cable, information services and publishing assets. We believe that News Corp, which was spun-off from 21st Century Fox last summer, is being misperceived and inappropriately valued as a print newspaper publisher. To the contrary, our research suggests that the significant majority of News Corp’s fair value is supported by its ownership positions in high quality cable sports networks, pay TV and digital content properties that enjoy dominant market share and compelling growth profiles. Continued subscriber and advertising growth coupled with the transition from print to digital media across various operating subsidiaries should drive consistent margin expansion over the next several years. Selling at a significant discount to our estimate of intrinsic value and at only a modest premium to tangible book value, we think News Corp offers a compelling risk/reward profile. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren Comments on Monsanto Company
Monsanto (MON) is a leading global provider of seeds, biotechnology traits, herbicides and data analytics for farmers. We believe Monsanto is a very high quality company with above-average growth prospects and an exceptionally strong competitive position in a large and consolidated industry. In our view, Monsanto’s lead is likely to widen as successful traits are combined and as the company maintains its distribution advantages. Additionally, Monsanto’s precision agriculture platform, led by its recent purchase of The Climate Corporation, could provide significant upside and further differentiate Monsanto from its competitors, since growers are only in the early stages of using this technology to improve yields. For the past year and a half, management considered a more aggressive capital structure, and they recently announced a plan to add leverage to the balance sheet while using the proceeds for a large share repurchase program. Low corn prices, challenges in valuing their biotech pipeline and the difficulty of quantifying upside from precision agriculture have caused Monsanto to sell for materially less than our estimate More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren Comments on Amazon
That brings me to our newest position, which will no doubt make some question our credentials as value investors: Amazon (AMZN). More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren's Oakmark Fund - Second Quarter 2014 Letter
June 30, 2014 More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Ngren Commentary: Oakmark Select Fund - Second Quarter 2014; Buys Amazon, Citigroup, Fidelity National, Google Bill Nygren - Bill Ngren Commentary: Oakmark Select Fund - Second Quarter 2014; Buys Amazon, Citigroup, Fidelity National, Google
The Oakmark Select Fund increased 6% for the quarter, compared to 5% for the S&P 500 Index. Three quarters into our 2014 fiscal year, the Oakmark Select Fund has returned 25%, compared to 18% for the S&P 500 Index. Our best performers in the quarter were Apache and Intel, up more than 20% each, while a couple of our financial stocks, Bank of America and JP Morgan Chase, led the laggards with losses of 11% and 4%, respectively. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Nygren's Second Quarter 2014 Shareholder Letter
The Oakmark Fund increased 5% during the second quarter, which was in line with the S&P 500’s gain of 5%. Through the first three quarters of our fiscal year, the Oakmark Fund was up 20%, compared to a gain of 18% for the S&P 500. This was another unusually strong quarter for the market and for the Oakmark Fund, and during the quarter the Fund hit another all-time high price. As Bill Nygren (Trades, Portfolio) mentioned in hissecond quarter letter , despite very strong performance since the stock market bottomed in 2009, the forward P/E multiple for the S&P 500 is still within a typical range. While stocks aren’t as attractive as they were a couple of years ago, we continue to think that equities dominate other asset classes. Our great team of research analysts continues to find attractively valued companies to add to the portfolio. Over the past two quarters, we More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Bill Nygren's Low-P/E Stocks Bill Nygren - Bill Nygren's Low-P/E Stocks
Discount to intrinsic value is a central component of Bill Nygren (Trades, Portfolio)’s investing strategy at Oakmark Funds, where he has a track record of beating indices. In a recent interview with Barrons, he stated the key to his success: More...

  • Currently 4.67/5

Rating: 4.7/5 (3 votes)

The Financial Stocks Gurus Are Buying Now Louis Moore Bacon,Bill Nygren - The Financial Stocks Gurus Are Buying Now
This week, well-known value managers Oakmark Funds issued a report outlining the rationale for their outsized investments in U.S. banks, in spite of the negative press the institutions have received for over six years since the financial crisis. “The short answer,” they wrote, “is we find their risk profiles are much improved, along with management (where needed), and the valuations are quite attractive.” More...

Add Notes, Comments

If you want to ask a question, or report a bug, please create a support ticket.

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK