Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Is This the Best Time to Add LPL Financial Holdings (LPLA) to Your Portfolio?

Oakmark Funds, advised by Harris Associates, released its “Oakmark Equity and Income Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund delivered 6.16% during the quarter compared to the Lipper Balanced Fund Index’s 5.55% return. The equity portfolio returned 7.30% in the quarter, compared to 5.89% for the S&P 500 Index. The fixed-income portfolio returned 5.16%. The fund has allocated 60.1% in equities, 38.4% in fixed income, and 1.5% in cash. In addition, you can check the fund's top 5 holdings to determine its best picks for 2024.