Bill Nygren · quarter digest
What Bill Nygren did in Q4 2025
Oakmark Funds filed 60 moves in Q4 2025: 2 new, 28 add, 24 trim, 6 exit.
13F filed 2026-02-14. Manager quality score: q7. Philosophy: Concentrated value. Buy good businesses at a discount to intrinsic value.
New positions · 2
Fresh money
AER
NEW·1.1% book·−10
IT
NEW·0.3% book·−8
Adds · 28
Adding to conviction
ADD +12%·4.0% book·−1
“Adding to Netflix on profitability.”
ADD +20%·3.3% book·−18
CRM
ADD +39%·3.3% book·−8
ABNB
ADD +21%·3.2% book·−15
ADD +53%·3.2% book·0
KEYS
ADD +38%·3.1% book·+1
COP
ADD +27%·2.8% book·−4
ADD +20%·2.7% book·−13
“Building the new KKR position.”
WTW
ADD +31%·2.3% book·−6
ELV
ADD +50%·2.1% book·−7
EFX
ADD +30%·2.1% book·+5
MRK
ADD +43%·1.9% book·−5
DAL
ADD +45%·1.7% book·−11
ADD +198%·1.7% book·−9
ZM
ADD +158%·1.4% book·0
ADD +72%·1.2% book·−2
CHTR
ADD +24%·1.1% book·−27
GPN
ADD +66%·1.1% book·−6
UNP
ADD +149%·1.1% book·−5
ADD +24%·1.0% book·−3
STZ
ADD +58%·0.6% book·−5
PAYC
ADD +69%·0.6% book·−15
FLUT
ADD +59%·0.3% book·−6
ADD +345%·0.0% book·+26
ADD +12%·0.0% book·+3
SPG
ADD +152%·0.0% book·−3
VTI
ADD +1320%·0.0% book·−6
WMT
ADD +33%·0.0% book·−7
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Remove with Pro →Trims · 24
Taking chips off
TRIM -22%·3.5% book·−27
GM
TRIM -17%·1.8% book·−9
TRIM -27%·1.5% book·−7
TRIM -27%·1.4% book·0
MOH
TRIM -13%·0.5% book·−2
TRIM -19%·0.4% book·+2
RYAAY
TRIM -27%·0.2% book·−13
TRIM -10%·0.1% book·−7
BLK
TRIM -18%·0.1% book·−7
HCA
TRIM -18%·0.1% book·−10
ABBV
TRIM -15%·0.0% book·−7
TRIM -18%·0.0% book·−4
DHR
TRIM -22%·0.0% book·−16
DEO
TRIM -32%·0.0% book·−16
GS
TRIM -10%·0.0% book·−13
HDB
TRIM -31%·0.0% book·−17
TRIM -9%·0.0% book·−17
TRIM -35%·0.0% book·−10
IVV
TRIM -47%·0.0% book·−19
KR
TRIM -85%·0.0% book·−13
TRIM -13%·0.0% book·−11
TRIM -25%·0.0% book·+14
TRIM -12%·0.0% book·+7
WDAY
TRIM -13%·0.0% book·−28
Exits · 6
Closed positions
Current top holdings
Bill Nygren’s book, latest snapshot
Other quarters for Bill Nygren
Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.