Oakmark International Fund

HARRIS ASSOCIATES INVESTMENT TRUST · Series S000002762 · 4 share classes

Equity fund · 97% stocks
One fund, 4 share classes:OAKIXOANIXOAYIXOAZIX
$12.66B NAV
63 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q1

Oakmark International Fund seeks long-term capital appreciation.

Strategy · summarised

The fund invests in non-U.S. common stocks selected through bottom-up fundamental analysis, seeking companies trading significantly below the adviser's estimate of intrinsic value and possessing strong free cash flows, predictable earnings growth, and management teams aligned with shareholders. The fund typically holds forty-five to sixty-five issuers across at least five countries with no geographic limits, meaning a higher concentration in particular regions or sectors may result. Because the fund's performance depends on the adviser's estimates of intrinsic value and the selection of individual securities, results may diverge materially from broad international equity benchmarks.

Expenses
0.76% 1.06%across 4 share classes
Share classExpense ratio
OAKIX1.06%
OANIX0.82%
OAYIX0.89%
OAZIX0.76%

Portfolio turnover 51.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.30%
of net assets
Stocks97.09%
Cash & short-term2.21%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 12 new15 exited

Largest new: SUNB, Reckitt Benckiser Group PLC, Fixed Income Clearing Corp., Compass Group PLC, SAP SE, AstraZeneca PLC, CPNG, London Stock Exchange Group PLC

Largest exited: Ashtead Group PLC, Reckitt Benckiser Group PLC, Fixed Income Clearing Corp, Eurofins Scientific SE, AstraZeneca PLC, Volvo AB, Sanofi SA, Rentokil Initial PLC

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
adidas AG2.98%$377.61M
BNP Paribas SA2.81%$355.48M
Sunbelt Rentals Holdings IncSUNB2.73%$345.84M
Reckitt Benckiser Group PLC2.36%$299.32M
DSV A/S2.32%$293.33M
Symrise AG2.29%$289.81M
Bayerische Motoren Werke AG2.26%$286.10M
Accor SA2.18%$275.61M
CNH Industrial NV2.14%$271.35M
LVMH Moet Hennessy Louis Vuitton SE2.13%$270.26M
Showing 10 of 63Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 24.20% of net assets, top 25 53.08%, across 62 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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