Harris | Oakmark Launches New U.S.-Focused ETF to Expand Active Fund Suite
Harris | Oakmark has launched the Oakmark U.S. Concentrated ETF (OAKL), expanding its active ETF lineup with a value investment strategy targeting large-cap U.S. companies priced below their intrinsic values. The fund is managed by Alex Fitch and Robert Bierig, who emphasize bottom-up research and long-term patience in closing price-value gaps. The new ETF joins existing Harris | Oakmark offerings such as the Morningstar Gold Medalist-rated OAKM, along with international-focused funds like OAKI and OAKG. The firm's active ETFs aim to combine value investing expertise with features including transparency, liquidity, and tax efficiency. With $106 billion in assets under management as of June 30, 2026, Harris | Oakmark continues its long-term approach rooted in concentrated portfolios. The launch reflects the firm's commitment to delivering active investment strategies across U.S., global, and international equities through various vehicles. The ETF is expected to hold between 15-25 stocks, focusing on high-conviction opportunities for investors.
Tickers: $OAKL