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Harris Associates L.P. was founded in 1976 by dedicated investment professionals who believed that delivering successful investment results for clients requires a consistent investment philosophy, a commitment to superior investment research, and a high level of customer service. Our roster of clients has grown over the years, but these basic beliefs remain unchanged.

Assets under management at Harris Associates totaled approximately $135 billion as of March 31, 2015. Our team in Chicago includes 39 investment professionals and 188 total employees.

Value Investing

We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owners. We frame the investment process as owning a piece of a business for the long term.


We believe in the importance of intensive, fundamental research. We are independent thinkers who do not look to Wall Street for our answers. Our experienced investment analysts evaluate each company on the basis of its fundamental characteristics. Our research process is based on a disciplined quantitative and qualitative screening process.

Client Service

Just as investment performance is important, so too is the care and attention each client receives. We recognize that each of our clients has unique goals and needs; therefore, portfolios are separately crafted to meet those objectives. We are as proud of our client service as we are of our outstanding long-term investment results.

Recent News
David Herro: Making the Case for Large Cap Stock Investing
May 21, 2015 - Bloomberg Surveillance
Time to Buy European Stocks: 3 Picks
January 31, 2015 - Barron's
David Herro recently shared his investment ideas at the 2015 Barron’s Roundtable. See where he is finding value now.
Courage of Convictions
December 30, 2014 - Value Investor
David Herro tells Value Investor Insight what he thinks are the keys to investment success.
Separate Accounts
Custom-managed accounts for individuals, families, foundations, endowments, pension plans and mutual funds
Commingled Vehicles
Investments available only to accredited investors as defined by the Securities Act of 1933 or ERISA-qualified retirement plans and certain other government plans
Sub-advisory Services
Customized portfolio management with simplified administration for financial advisors
The Oakmark Funds
A value-oriented mutual fund family offering U.S., balanced, global and international funds

Contact Us to Learn More

For questions please contact us or call 312-646-3600