Oakmark Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 96.7%
FINANCIALS – 33.7%
DIVERSIFIED FINANCIALS – 22.5%
Capital One Financial Corp.		4,164	$	644,129
Ally Financial, Inc.		12,773		636,611
The Charles Schwab Corp.		6,600		480,546
The Goldman Sachs Group, Inc.		1,105		419,381
American Express Co.		2,004		331,170
State Street Corp.		3,951		325,072
The Bank of New York Mellon Corp.		4,786		245,163
KKR & Co., Inc.		3,300		195,492
S&P Global, Inc.		473		193,971
Moody's Corp.		502		181,863
Intercontinental Exchange, Inc.		1,300		154,310
				3,807,708
BANKS – 7.7%
Bank of America Corp.		12,336		508,593
Citigroup, Inc.		6,904		488,465
Wells Fargo & Co.		7,000		317,030
				1,314,088
INSURANCE – 3.5%
American International Group, Inc.		7,233		344,281
Reinsurance Group of America, Inc.		2,134		243,257
				587,538
				5,709,334
COMMUNICATION SERVICES – 15.5%
MEDIA & ENTERTAINMENT – 14.4%
Alphabet, Inc., Class A (a)		269		657,122
Facebook, Inc., Class A (a)		1,611		560,300
Comcast Corp., Class A		7,709		439,573
Netflix, Inc. (a)		758		400,436
Charter Communications, Inc., Class A (a)		537		387,058
				2,444,489
TELECOMMUNICATION SERVICES – 1.1%
T-Mobile US, Inc. (a)		1,200		173,796
				2,618,285
INFORMATION TECHNOLOGY – 12.9%
SOFTWARE & SERVICES – 11.3%
Gartner, Inc. (a)		1,668		404,068
DXC Technology Co. (a)		9,139		355,877
Fiserv, Inc. (a)		3,150		336,703
Workday, Inc., Class A (a)		1,137		271,400
Automatic Data Processing, Inc.		1,149		228,195
Visa, Inc., Class A		881		205,925
MasterCard, Inc., Class A		300		109,454
				1,911,622
TECHNOLOGY HARDWARE & EQUIPMENT – 1.6%
TE Connectivity, Ltd.		2,051		277,281
				2,188,903
CONSUMER DISCRETIONARY – 9.5%
CONSUMER SERVICES – 3.9%
Booking Holdings, Inc. (a)		162		353,595
Hilton Worldwide Holdings, Inc. (a)		2,572		310,247
				663,842
RETAILING – 3.2%
eBay, Inc.		5,776		405,512
Qurate Retail, Inc., Class A		9,976		130,580
				536,092
AUTOMOBILES & COMPONENTS – 2.4%
General Motors Co. (a)		6,846		405,078
				1,605,012
ENERGY – 7.7%
EOG Resources, Inc.		6,099		508,864
APA Corp.		13,744		297,279
ConocoPhillips		4,156		253,082
Diamondback Energy, Inc.		2,600		244,114
				1,303,339
HEALTH CARE – 7.4%
HEALTH CARE EQUIPMENT & SERVICES – 5.5%
HCA Healthcare, Inc.		1,683		347,943
Humana, Inc.		748		331,154
CVS Health Corp.		3,078		256,842
				935,939
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 1.9%
Regeneron Pharmaceuticals, Inc. (a)		574		320,544
				1,256,483
CONSUMER STAPLES – 5.1%
FOOD, BEVERAGE & TOBACCO – 5.1%
Constellation Brands, Inc., Class A		1,485		347,304
Keurig Dr Pepper, Inc.		7,978		281,141
Altria Group, Inc.		5,000		238,400
				866,845
INDUSTRIALS – 3.9%
CAPITAL GOODS – 3.9%
General Electric Co.		24,000		323,040
Cummins, Inc.		777		189,440
General Dynamics Corp.		800		150,608
				663,088
REAL ESTATE – 1.0%
CBRE Group, Inc., Class A (a)		2,000		171,460
TOTAL COMMON STOCKS – 96.7%
(Cost $7,989,919)				16,382,749

Oakmark Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Par Value		Value
SHORT-TERM INVESTMENT – 3.3%
REPURCHASE AGREEMENT – 3.3%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $567,626, collateralized by United States Treasury Notes, 0.125% - 0.250% due 06/15/23 - 06/30/23, aggregate value plus accrued interest of $578,979  (Cost: $567,626)	$	567,626	$	567,626
TOTAL SHORT-TERM INVESTMENTS – 3.3%
(Cost $567,626)				567,626
TOTAL INVESTMENTS – 100.0% (Cost $8,557,545)				16,950,375
Foreign Currencies (Cost $0) – 0.0% (b)				0	(c)
Liabilities In Excess of Other Assets – 0.0% (b)				(3,809	)
TOTAL NET ASSETS – 100.0%			$	16,946,566

(a)	Non-income producing security
(b)	Amount rounds to less than 0.1%.
(c)	Amount rounds to less than $1,000.

Oakmark Select Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 97.7%
FINANCIALS – 27.7%
BANKS – 12.9%
Citigroup, Inc.		3,862	$	273,237
Bank of America Corp.		6,603		272,258
CIT Group, Inc.		1,357		69,983
First Citizens BancShares, Inc., Class A		56		46,575
First Citizens BancShares, Inc., Class B		10		7,523
				669,576
DIVERSIFIED FINANCIALS – 10.7%
Ally Financial, Inc. (a)		6,140		306,002
Capital One Financial Corp.		1,625		251,356
				557,358
INSURANCE – 4.1%
American International Group, Inc.		4,419		210,359
				1,437,293
COMMUNICATION SERVICES – 26.4%
MEDIA & ENTERTAINMENT – 26.4%
Alphabet, Inc., Class A (b)		234		571,894
Charter Communications, Inc., Class A (b)		389		280,572
Facebook, Inc., Class A (b)		783		272,257
Netflix, Inc. (b)		470		248,047
				1,372,770
CONSUMER DISCRETIONARY – 9.9%
CONSUMER SERVICES – 6.0%
Booking Holdings, Inc. (b)		82		179,424
Hilton Worldwide Holdings, Inc. (b)		1,116		134,669
				314,093
AUTOMOBILES & COMPONENTS – 3.9%
Lear Corp.		1,150		201,572
				515,665
HEALTH CARE – 9.1%
HEALTH CARE EQUIPMENT & SERVICES – 5.8%
HCA Healthcare, Inc.		764		158,021
Humana, Inc.		317		140,342
				298,363
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 3.3%
Regeneron Pharmaceuticals, Inc. (b)		310		173,148
				471,511
REAL ESTATE – 7.9%
CBRE Group, Inc., Class A (a) (b)		4,760		408,037
INDUSTRIALS – 6.8%
CAPITAL GOODS – 6.8%
General Electric Co.		16,000		215,360
Allison Transmission Holdings, Inc.		3,400		135,116
				350,476
ENERGY – 5.8%
EOG Resources, Inc.		2,054		171,355
APA Corp.		6,000		129,780
				301,135
CONSUMER STAPLES – 4.1%
FOOD, BEVERAGE & TOBACCO – 4.1%
Constellation Brands, Inc., Class A		910		212,746
TOTAL COMMON STOCKS – 97.7% (Cost $2,480,698)				5,069,633
		Par Value		Value
SHORT-TERM INVESTMENTS – 2.5%
REPURCHASE AGREEMENT – 2.5%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $131,002, collateralized by United States Treasury Note, 0.125% due 03/31/23, value plus accrued interest of $133,622  (Cost: $131,002)	$	131,002		131,002
TOTAL SHORT-TERM INVESTMENTS – 2.5% (Cost $131,002)				131,002
TOTAL INVESTMENTS – 100.2% (Cost $2,611,700)				5,200,635
Liabilities In Excess of Other Assets – (0.2)%				(9,643	)
TOTAL NET ASSETS – 100.0%			$	5,190,992

(a) All or a portion of this investment is held in connection with one or more options within the Fund.

(b) Non-income producing security

Oakmark Select Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

WRITTEN OPTIONS
Description	Exercise Price		Expiration Date	Number of Contracts			Notional Amount			Market Value			Premiums (Received) by Fund			Unrealized Gain/(Loss)
CALLS
Ally Financial, Inc.	$	46.00	9/17/21		(3,000	)	$	(14,952	)	$	(1,560	)	$	(1,422	)	$	(138	)
CBRE Group, Inc., Class A	$	85.00	9/17/21		(20,000	)	$	(171,460	)	$	(9,300	)	$	(14,379	)	$	5,079
							$	(186,412	)	$	(10,860	)	$	(15,801	)	$	4,941

OAKMARK GLOBAL FUND
Global Diversification—June 30, 2021 (Unaudited)

		% of Equity Investments
North America			47.8%
	United States			47.8	%
Europe			41.4%
	Germany*			16.3	%
	United Kingdom			12.8	%
	Switzerland			9.0	%
	Belgium*			1.2	%
	Ireland*			1.1	%
	France*			1.0	%
Asia			4.9%
	China			2.5	%
	Japan			1.2	%
	India			1.2	%
Africa			3.1%
	South Africa			3.1	%
Australasia			1.7%
	Australia			1.7	%
Latin America			1.1%
	Mexico			1.1	%

* Euro currency countries comprise 19.6% of equity investments.

Oakmark Global Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 97.0%
FINANCIALS – 22.2%
BANKS – 10.6%
Lloyds Banking Group PLC (United Kingdom)		121,443	$	78,436
Bank of America Corp. (United States)		1,590		65,564
Axis Bank, Ltd. (India) (a)		1,915		19,283
Citigroup, Inc. (United States)		194		13,690
				176,973
DIVERSIFIED FINANCIALS – 7.0%
Credit Suisse Group AG (Switzerland)		7,196		75,375
Julius Baer Group, Ltd. (Switzerland)		639		41,667
				117,042
INSURANCE – 4.6%
Allianz SE (Germany)		229		57,161
Prudential PLC (United Kingdom)		981		18,646
				75,807
				369,822
CONSUMER DISCRETIONARY – 19.6%
AUTOMOBILES & COMPONENTS – 12.3%
General Motors Co. (United States) (a)		1,310		77,507
Daimler AG (Germany)		663		59,170
Continental AG (Germany)		332		48,866
Toyota Motor Corp. (Japan)		228		19,928
				205,471
RETAILING – 5.5%
Naspers, Ltd., N Shares (South Africa)		241		50,546
Alibaba Group Holding, Ltd. (China) (a)		714		20,226
Alibaba Group Holding, Ltd. ADR (China) (a) (b)		89		20,161
Wickes Group PLC (United Kingdom) (a)		181		617
				91,550
CONSUMER SERVICES – 1.6%
Booking Holdings, Inc. (United States) (a)		7		15,907
Compass Group PLC (United Kingdom) (a)		495		10,426
				26,333
CONSUMER DURABLES & APPAREL – 0.2%
Cie Financiere Richemont SA, Class A (Switzerland)		31		3,774
				327,128
COMMUNICATION SERVICES – 14.6%
MEDIA & ENTERTAINMENT – 12.6%
Alphabet, Inc., Class A (United States) (a)		44		106,816
Liberty Broadband Corp., Class C (United States) (a)		248		43,103
The Interpublic Group of Cos., Inc. (United States)		1,026		33,340
Grupo Televisa SAB ADR (Mexico) (b)		1,281		18,291
Charter Communications, Inc., Class A (United States) (a)		11		8,152
				209,702
TELECOMMUNICATION SERVICES – 2.0%
Liberty Global PLC, Class A (United Kingdom) (a)		1,259		34,205
				243,907
INFORMATION TECHNOLOGY – 12.1%
SOFTWARE & SERVICES – 7.9%
Oracle Corp. (United States)		483		37,581
MasterCard, Inc., Class A (United States)		83		30,339
SAP SE (Germany)		214		30,170
Fiserv, Inc. (United States) (a)		155		16,589
Capgemini SE (France)		85		16,347
				131,026
TECHNOLOGY HARDWARE & EQUIPMENT – 4.2%
TE Connectivity, Ltd. (United States)		519		70,174
				201,200
HEALTH CARE – 12.0%
HEALTH CARE EQUIPMENT & SERVICES – 6.4%
Tenet Healthcare Corp. (United States) (a)		768		51,438
Humana, Inc. (United States)		72		31,876
Envista Holdings Corp. (United States) (a)		543		23,446
				106,760
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 5.6%
Bayer AG (Germany)		1,130		68,603
Novartis AG (Switzerland)		266		24,259
				92,862
				199,622
INDUSTRIALS – 10.7%
CAPITAL GOODS – 9.7%
CNH Industrial N.V. (United Kingdom)		2,659		43,900
Howmet Aerospace, Inc. (United States) (a)		874		30,119
Flowserve Corp. (United States)		615		24,777
Johnson Controls International PLC (United States)		328		22,511
Travis Perkins PLC (United Kingdom) (a)		913		21,338
General Dynamics Corp. (United States)		100		18,845
				161,490
TRANSPORTATION – 1.0%
Ryanair Holdings PLC ADR (Ireland) (a) (b)		149		16,149
Ryanair Holdings PLC (Ireland) (a)		62		1,179
				17,328
				178,818
CONSUMER STAPLES – 2.3%
FOOD, BEVERAGE & TOBACCO – 2.3%
Anheuser-Busch InBev SA/NV (Belgium)		264		19,007
Keurig Dr Pepper, Inc. (United States)		526		18,540
				37,547
MATERIALS – 2.3%
Incitec Pivot, Ltd. (Australia)		14,893		26,582

Oakmark Global Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 97.0%  (cont.)
MATERIALS – 2.3% (cont.)
Arconic Corp. (United States) (a)		306	$	10,901
				37,483
ENERGY – 1.2%
Nov, Inc. (United States) (a)		1,357		20,789
TOTAL COMMON STOCKS – 97.0% (Cost $998,903)				1,616,316
WARRANT – 0.0% (c)
CONSUMER DISCRETIONARY – 0.0% (c)
Cie Financiere Richemont SA (Switzerland) (a)		414		300
TOTAL WARRANTS – 0.0% (Cost $—)				300

	Par Value	Value
FIXED INCOME – 0.3%

		Shares		Value
CONVERTIBLE BOND – 0.3%
FINANCIALS – 0.3%
Credit Suisse Group AG, 144A 3.00%, due 11/12/21 (d)	CHF		2,221		2,689
Credit Suisse Group AG, 144A 3.00%, due 11/12/21 (d)	CHF		2,200		2,659
					5,348
TOTAL CONVERTIBLE BOND – 0.3% (Cost $4,855)					5,348
TOTAL FIXED INCOME – 0.3% (Cost $4,855)					5,348

	Par Value		Value
SHORT-TERM INVESTMENT – 2.8%
REPURCHASE AGREEMENT – 2.8%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $46,369, collateralized by United States Treasury Note, 0.125% due 03/31/23, value plus accrued interest of $47,297  (Cost: $46,369)		46,369		46,369
TOTAL SHORT-TERM INVESTMENTS – 2.8% (Cost $46,369)				46,369
TOTAL INVESTMENTS – 100.1% (Cost $1,050,127)				1,668,333
Foreign Currencies (Cost $0) – 0.0% (c)				0	(e)
Liabilities In Excess of Other Assets – (0.1)%				(1,053	)
TOTAL NET ASSETS – 100.0%			$	1,667,280

(a)	Non-income producing security
(b)	Sponsored American Depositary Receipt
(c)	Amount rounds to less than 0.1%.
(d)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers.
(e)	Amount rounds to less than $1,000.

Oakmark Global Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

FORWARD FOREIGN CURRENCY CONTRACT (in thousands)

	Local Contract Amount		Base Contract Amount		Settlement Date	Valuation at 6/30/21		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sold:
Swiss Franc		17,733	$	19,818	12/15/21	$	19,259	$	559
						$	19,259	$	559

OAKMARK GLOBAL SELECT FUND

Global Diversification—June 30, 2021 (Unaudited)

		% of Equity Investments
North America			51.2	%
	United States				51.2	%
Europe			44.3	%
	Germany*				18.7	%
	United Kingdom				11.1	%
	Switzerland				8.2	%
	Netherlands*				4.1	%
	France*				2.2	%
Asia			4.5	%
	China				2.4	%
	South Korea				2.1	%

* Euro currency countries comprise 25.0% of equity investments.

Oakmark Global Select Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 96.5%
FINANCIALS – 23.6%
BANKS – 15.0%
Lloyds Banking Group PLC (United Kingdom)		162,390	$	104,882
Bank of America Corp. (United States)		1,934		79,755
Citigroup, Inc. (United States)		1,070		75,681
				260,318
DIVERSIFIED FINANCIALS – 5.0%
Credit Suisse Group AG (Switzerland)		8,208		85,974
INSURANCE – 3.6%
American International Group, Inc. (United States)		1,314		62,537
				408,829
HEALTH CARE – 22.3%
HEALTH CARE EQUIPMENT & SERVICES – 14.8%
Humana, Inc. (United States)		205		90,758
HCA Healthcare, Inc. (United States)		421		87,120
Fresenius Medical Care AG & Co. KGaA (Germany)		942		78,216
				256,094
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 7.5%
Bayer AG (Germany)		1,325		80,463
Novartis AG (Switzerland)		546		49,786
				130,249
				386,343
COMMUNICATION SERVICES – 18.9%
MEDIA & ENTERTAINMENT – 18.9%
Alphabet, Inc., Class A (United States) (a)		80		196,193
Charter Communications, Inc., Class A (United States) (a)		133		95,953
NAVER Corp. (South Korea)		96		35,553
				327,699
CONSUMER DISCRETIONARY – 15.9%
RETAILING – 6.2%
Prosus N.V. (Netherlands)		700		68,442
Alibaba Group Holding, Ltd. (China) (a)		699		19,812
Alibaba Group Holding, Ltd. ADR (China) (a) (b)		86		19,480
				107,734
AUTOMOBILES & COMPONENTS – 5.5%
Daimler AG (Germany)		1,073		95,814
CONSUMER SERVICES – 4.1%
Booking Holdings, Inc. (United States) (a)		23		51,409
Compass Group PLC (United Kingdom) (a)		967		20,366
				71,775
CONSUMER DURABLES & APPAREL – 0.1%
Cie Financiere Richemont SA, Class A (Switzerland)		8		986
				276,309
INFORMATION TECHNOLOGY – 6.7%
SOFTWARE & SERVICES – 6.7%
SAP SE (Germany)		419		59,001
Fiserv, Inc. (United States) (a)		540		57,720
				116,721
REAL ESTATE – 3.5%
CBRE Group, Inc., Class A (United States) (a)		703		60,260
INDUSTRIALS – 3.5%
CAPITAL GOODS – 3.5%
CNH Industrial N.V. (United Kingdom)		3,645		60,192
CONSUMER STAPLES – 2.1%
FOOD, BEVERAGE & TOBACCO – 2.1%
Danone SA (France)		535		37,628
TOTAL COMMON STOCKS – 96.5%
(Cost $1,215,310)				1,673,981

	Par Value		Value
SHORT-TERM INVESTMENTS – 3.1%
REPURCHASE AGREEMENT – 3.1%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $53,660, collateralized by United States Treasury Notes, 0.125% - 0.250% due 04/30/23 - 06/15/23, aggregate value plus accrued interest of $54,733  (Cost: $53,660)	$	53,660		53,660
TOTAL SHORT-TERM INVESTMENTS – 3.1%
(Cost $53,660)				53,660
TOTAL INVESTMENTS – 99.6%
(Cost $1,268,970)				1,727,641
Foreign Currencies (Cost $0) – 0.0% (c)				0	(d)
Other Assets In Excess of Liabilities – 0.4%				6,698
TOTAL NET ASSETS – 100.0%			$	1,734,339

(a)       Non-income producing security

(b)       Sponsored American Depositary Receipt

(c)       Amount rounds to less than 0.1%.

(d)       Amount rounds to less than $1,000.

Oakmark Global Select Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

FORWARD FOREIGN CURRENCY CONTRACT (in thousands)

	Local		Base						Unrealized
	Contract		Contract		Settlement		Valuation at		Appreciation/
	Amount		Amount		Date		6/30/21		(Depreciation)
Foreign Currency Sold:
Swiss Franc		15,401	$	17,212		12/15/21	$	16,727	$	485
							$	16,727	$	485

OAKMARK INTERNATIONAL FUND

Global Diversification—June 30, 2021 (Unaudited) 

		% of Equity Investments
Europe		82.5	%
	Germany*			25.7	%
	United Kingdom			17.5	%
	Switzerland			12.9	%
	France*			11.7	%
	Italy*			4.1	%
	Sweden			3.8	%
	Netherlands*			1.9	%
	Spain*			1.4	%
	Belgium*			1.3	%
	Ireland*			1.3	%
	Finland*			0.9	%
Asia		7.6	%
	Japan			2.2	%
	China			2.0	%
	India			1.5	%
	South Korea			1.4	%
	Indonesia			0.5	%
North America		3.5	%
	Canada			3.5	%
Africa		2.7	%
	South Africa			2.7	%
Australasia		2.3	%
	Australia			2.3	%
Latin America		1.4	%
	Mexico			1.4	%

*       Euro currency countries comprise 48.3% of equity investments.

Oakmark International Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 96.1%
FINANCIALS – 26.7%
BANKS – 15.2%
Lloyds Banking Group PLC (United Kingdom)		1,862,020	$	1,202,609
Intesa Sanpaolo SPA (Italy)		411,120		1,135,597
BNP Paribas SA (France)		16,339		1,024,302
NatWest Group PLC (United Kingdom)		166,420		467,785
Axis Bank, Ltd. (India) (a)		40,147		404,172
Bank Mandiri Persero Tbk PT (Indonesia)		335,114		136,357
				4,370,822
DIVERSIFIED FINANCIALS – 6.8%
Credit Suisse Group AG (Switzerland)		87,054		911,896
EXOR N.V. (Netherlands)		6,538		523,741
Schroders PLC (United Kingdom)		7,330		356,180
AMP, Ltd. (Australia)		168,947		142,540
				1,934,357
INSURANCE – 4.7%
Allianz SE (Germany)		3,909		974,784
Prudential PLC (United Kingdom)		19,415		368,876
				1,343,660
				7,648,839
CONSUMER DISCRETIONARY – 25.0%
AUTOMOBILES & COMPONENTS – 13.3%
Bayerische Motoren Werke AG (Germany)		10,106		1,070,185
Daimler AG (Germany)		11,645		1,039,787
Continental AG (Germany)		6,270		921,750
Toyota Motor Corp. (Japan)		4,937		431,519
Valeo SA (France)		12,040		362,200
				3,825,441
RETAILING – 6.0%
Naspers, Ltd., N Shares (South Africa)		3,547		744,810
H & M Hennes & Mauritz AB, Class B (Sweden) (a)		18,361		435,526
Alibaba Group Holding, Ltd. (China) (a)		9,490		268,903
Alibaba Group Holding, Ltd. ADR (China) (a) (b)		1,175		266,512
				1,715,751
CONSUMER SERVICES – 3.6%
Accor SA (France) (a) (c)		16,303		608,727
Compass Group PLC (United Kingdom) (a)		11,059		232,844
Restaurant Brands International, Inc. (Canada)		2,887		186,010
				1,027,581
CONSUMER DURABLES & APPAREL – 2.1%
Cie Financiere Richemont SA, Class A (Switzerland)		1,910		231,102
The Swatch Group AG, Bearer Shares (Switzerland)		586		200,990
EssilorLuxottica SA (France)		888		163,861
				595,953
				7,164,726
HEALTH CARE – 9.7%
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 6.8%
Bayer AG (Germany)		17,766		1,078,815
Novartis AG (Switzerland)		5,040		459,288
Roche Holding AG (Switzerland)		1,055		397,277
				1,935,380
HEALTH CARE EQUIPMENT & SERVICES – 2.9%
Fresenius Medical Care AG & Co. KGaA (Germany)		7,955		660,629
Fresenius SE & Co. KGaA (Germany)		3,476		181,343
				841,972
				2,777,352
INDUSTRIALS – 9.2%
CAPITAL GOODS – 7.2%
CNH Industrial N.V. (United Kingdom) (c)		51,081		843,429
Volvo AB, Class B (Sweden) (d)		12,998		312,716
SKF AB, Class B (Sweden)		12,123		308,663
Komatsu, Ltd. (Japan)		7,441		184,900
Smiths Group PLC (United Kingdom)		7,072		155,542
Rolls-Royce Holdings PLC (United Kingdom) (a)		110,695		151,471
Bunzl PLC (United Kingdom)		3,198		105,688
				2,062,409
TRANSPORTATION – 1.2%
Ryanair Holdings PLC ADR (Ireland) (a) (b) (c)		3,108		336,312
Ryanair Holdings PLC (Ireland) (a) (c)		1,147		21,714
				358,026
COMMERCIAL & PROFESSIONAL SERVICES – 0.8%
Brambles, Ltd. (Australia)		26,829		230,178
				2,650,613
MATERIALS – 8.2%
Glencore PLC (Switzerland)		226,739		970,584
thyssenkrupp AG (Germany) (a) (c)		44,185		460,530
Holcim, Ltd. (Switzerland)		6,523		391,249
Orica, Ltd. (Australia) (c)		27,194		270,835
UPM-Kymmene OYJ (Finland)		6,439		243,554
				2,336,752
COMMUNICATION SERVICES – 7.5%
MEDIA & ENTERTAINMENT – 5.5%
Publicis Groupe SA (France) (c)		6,602		422,270
Grupo Televisa SAB ADR (Mexico) (b)		26,974		385,196
NAVER Corp. (South Korea)		1,027		380,649
WPP PLC (United Kingdom)		27,517		370,825
				1,558,940
TELECOMMUNICATION SERVICES – 2.0%
Liberty Global PLC, Class A (United Kingdom) (a)		18,654		506,642

Oakmark International Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 96.1%  (cont.)
COMMUNICATION SERVICES – 7.5% (cont.)
TELECOMMUNICATION SERVICES – 2.0%  (cont.)
Liberty Global PLC, Class C (United Kingdom) (a)	2,749	$	74,339
			580,981
			2,139,921
INFORMATION TECHNOLOGY – 5.6%
SOFTWARE & SERVICES – 5.6%
SAP SE (Germany)	3,610		508,645
Open Text Corp. (Canada)	7,857		399,014
Amadeus IT Group SA (Spain) (a)	5,280		371,396
Capgemini SE (France)	1,702		326,997
			1,606,052
TECHNOLOGY HARDWARE & EQUIPMENT – 0.0% (e)
Samsung Electronics Co., Ltd. (South Korea)	152		10,867
			1,616,919
CONSUMER STAPLES – 2.9%
FOOD, BEVERAGE & TOBACCO – 2.4%
Anheuser-Busch InBev SA/NV (Belgium)	4,989		359,698
Danone SA (France)	4,543		319,783
			679,481
HOUSEHOLD & PERSONAL PRODUCTS – 0.5%
Henkel AG & Co. KGaA (Germany)	1,764		162,408
			841,889
ENERGY – 1.3%
Cenovus Energy, Inc. (Canada) (c)	39,615		379,020
TOTAL COMMON STOCKS – 96.1%
(Cost $23,268,750)			27,556,031
PREFERRED STOCKS – 0.2%
CONSUMER STAPLES – 0.2%
HOUSEHOLD & PERSONAL PRODUCTS – 0.2%
Henkel AG & Co. KGaA (Germany)	477		50,383
TOTAL PREFERRED STOCKS – 0.2%
(Cost $47,881)			50,383

		Par Value		Value
FIXED INCOME – 0.3%
CONVERTIBLE BOND – 0.3%
FINANCIALS – 0.3%
Credit Suisse Group AG, 144A 3.00%, due 11/12/21 (f)	CHF	38,400		46,421
Credit Suisse Group AG, 144A 3.00%, due 11/12/21 (f)	CHF	32,087		38,844
				85,265
TOTAL CONVERTIBLE BOND – 0.3%
(Cost $77,380)				85,265
TOTAL FIXED INCOME – 0.3%
(Cost $77,380)				85,265
SHORT-TERM INVESTMENTS – 3.3%
REPURCHASE AGREEMENT – 2.2%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $637,827, collateralized by United States Treasury Note, 0.125% due 03/31/23, value plus accrued interest of $650,584  (Cost: $637,827)		637,827		637,827
COMMERCIAL PAPER – 1.1%
American Honda Finance Corp., 0.15% - 0.2%, due 07/06/21 - 08/16/21 (g)		139,700		139,677
Walgreens Boots, 144A, 0.15%, due 07/01/21 - 07/30/21 (f) (g)		75,000		74,996
Kellogg Co., 144A, 0.08% - 0.1%, due 07/01/21 - 07/13/21 (f) (g)		59,000		58,999
General Mills, Inc., 144A, 0.07%, due 07/12/21 - 07/13/21 (f) (g)		40,000		39,998
Schlumberger Holdings, 144A, 0.15%, due 07/29/21 (f) (g)		2,700		2,700
TOTAL COMMERCIAL PAPER – 1.1%
(Cost $316,374)				316,370
TOTAL SHORT-TERM INVESTMENTS – 3.3%
(Cost $954,201)				954,197
TOTAL INVESTMENTS – 99.9%  (Cost $24,348,212)				28,645,876
Foreign Currencies (Cost $713) – 0.0% (e)				712
Other Assets In Excess of Liabilities – 0.1%				38,671
TOTAL NET ASSETS – 100.0%			$	28,685,259

(a)	Non-income producing security
(b)	Sponsored American Depositary Receipt
(c)	See Note 2 in the Notes to Schedules of Investments regarding investments in affiliated issuers.
(d)	A portion of the security out on loan.
(e)	Amount rounds to less than 0.1%.
(f)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers.
(g)	The rate shown represents the annualized yield at the time of purchase; not a coupon rate.
Key to Abbreviations:
	CHF	Swiss Franc

Oakmark International Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

FORWARD FOREIGN CURRENCY CONTRACT (in thousands)

	Local Contract Amount		Base Contract Amount		Settlement Date	Valuation at 6/30/21		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sold:
Swiss Franc		311,730	$	348,356	12/15/21	$	338,562	$	9,794
						$	338,562	$	9,794

Schedule of Transactions with Affiliated Issuers  

Purchase and sale transactions and dividend and interest income earned during the period on these securities are set forth below (in thousands). The industry, country, or geographic region for each of the below affiliates can be found in the Schedule of Investments.  

Affiliates	Shares Held		Purchases (Cost)		Sales (Proceeds)		Realized Gain/(Loss)			Change in Unrealized			Dividend Income		Value September 30, 2020		Value June 30, 2021		Percent of Net Assets
Accor SA		16,303	$	66,863	$	82,873		(24,539	)	$	179,349		$	0	$	469,927	$	608,727		2.1	%
CNH Industrial N.V. (a)		51,081		0		583,030		58,305			607,645			7,362		760,509		843,429		2.9	%
Cenovus Energy, Inc. (a)		39,615		81,013		347,027		(36,809	)		423,481			1,509		258,362		379,020		1.3	%
G4S PLC (a)		0		0		392,315		33,033			58,587			0		300,695		0		0	%
Orica, Ltd.		27,194		23,829		933		202			(27,394	)		4,594		275,131		270,835		0.9	%
Publicis Groupe SA(a)		6,602		0		354,311		(120,849	)		443,519			16,012		453,911		422,270		1.5	%
Ryanair Holdings PLC ADR (a)		3,108		37,827		222,507		17,098			99,039			0		404,855		336,312		1.2	%
Ryanair Holdings PLC (a)		1,147		0		0		0			6,364			0		15,350		21,714		0.1	%
thyssenkrupp AG		44,185		33,584		27,505		(32,688	)		265,717			0		221,422		460,530		1.6	%
TOTAL		189,235	$	243,116	$	2,010,501	$	(106,247	)	$	2,056,307		$	29,477	$	3,160,162	$	3,342,837		11.60	%

(a) Due to transactions during the period ended June 30, 2021, the company is no longer an affiliate.

OAKMARK INTERNATIONAL SMALL CAP FUND

Global Diversification—June 30, 2021 (Unaudited)

		% of Equity Investments
Europe		71.7%
	United Kingdom		21.9	%
	Switzerland		10.2	%
	Germany*		8.8	%
	Italy*		6.9	%
	Finland*		6.3	%
	Sweden		5.2	%
	Norway		3.0	%
	Denmark		3.0	%
	Spain*		2.5	%
	Portugal*		1.8	%
	Netherlands*		1.3	%
	Belgium*		0.8	%
Asia		11.3%
	South Korea		5.1	%
	Japan		2.9	%
	China		1.7	%
	Indonesia		1.6	%
Australasia		7.7%
	Australia		7.7	%
Latin America		5.9%
	Mexico		5.9	%
North America		3.4%
	Canada		3.4	%

* Euro currency countries comprise 28.4% of equity investments.

Oakmark International Small Cap Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 96.2%
INDUSTRIALS – 32.1%
CAPITAL GOODS – 17.2%
Konecranes Oyj (Finland)		1,513	$	63,729
Duerr AG (Germany)		1,443		54,882
Metso Outotec Oyj (Finland)		3,360		39,032
Travis Perkins PLC (United Kingdom) (a)		1,619		37,834
Sulzer AG (Switzerland)		233		32,124
Babcock International Group PLC (United Kingdom) (a)		6,978		27,993
Howden Joinery Group PLC (United Kingdom)		1,192		13,459
Morgan Advanced Materials PLC (United Kingdom)		2,278		11,125
dormakaba Holding AG (Switzerland)		15		9,881
				290,059
COMMERCIAL & PROFESSIONAL SERVICES – 14.0%
ISS A/S (Denmark) (a)		2,063		48,428
Applus Services SA (Spain) (a)		4,112		40,173
Loomis AB (Sweden)		1,282		40,098
SThree PLC (United Kingdom)		4,004		25,560
Mitie Group PLC (United Kingdom) (a)		25,255		23,756
Randstad N.V. (Netherlands)		274		20,940
Hays PLC (United Kingdom) (a)		8,375		18,374
Pagegroup PLC (United Kingdom) (a)		2,328		17,999
				235,328
TRANSPORTATION – 0.9%
Controladora Vuela Cia de Aviacion SAB de CV ADR (Mexico) (a) (b)		825		15,854
				541,241
FINANCIALS – 22.2%
DIVERSIFIED FINANCIALS – 15.5%
Julius Baer Group, Ltd. (Switzerland)		909		59,334
Azimut Holding SpA (Italy)		2,376		57,710
Standard Life Aberdeen PLC (United Kingdom)		10,578		39,654
Element Fleet Management Corp. (Canada)		3,318		38,699
St James's Place PLC (United Kingdom)		1,644		33,585
EFG International AG (Switzerland)		3,861		31,674
				260,656
BANKS – 4.9%
BNK Financial Group, Inc. (South Korea)		7,839		53,810
DGB Financial Group, Inc. (South Korea)		3,547		29,288
				83,098
INSURANCE – 1.8%
Talanx AG (Germany)		742		30,349
				374,103
INFORMATION TECHNOLOGY – 10.3%
SOFTWARE & SERVICES – 9.1%
Software AG (Germany)		1,302		58,591
Atea ASA (Norway) (a)		2,520		48,999
Link Administration Holdings, Ltd. (Australia)		4,685		17,707
TIS, Inc. (Japan)		637		16,275
Equiniti Group PLC (United Kingdom) (a)		2,763		6,865
Nihon Unisys, Ltd. (Japan)		150		4,507
				152,944
TECHNOLOGY HARDWARE & EQUIPMENT – 1.2%
Softwareone Holding AG (Switzerland)		851		20,094
				173,038
COMMUNICATION SERVICES – 8.5%
MEDIA & ENTERTAINMENT – 5.2%
Megacable Holdings SAB de CV (Mexico)		9,549		33,790
oOh!media, Ltd. (Australia) (a)		23,954		31,438
Hakuhodo DY Holdings, Inc. (Japan)		961		14,919
Nordic Entertainment Group AB, Class B (Sweden) (a)		183		8,066
				88,213
TELECOMMUNICATION SERVICES – 3.3%
NOS SGPS SA (Portugal)		8,208		28,771
Sarana Menara Nusantara Tbk PT (Indonesia)		301,183		25,756
				54,527
				142,740
CONSUMER DISCRETIONARY – 7.8%
AUTOMOBILES & COMPONENTS – 4.1%
Pirelli & C SpA (Italy)		7,672		44,537
Autoliv, Inc. (Sweden)		246		24,010
Dometic Group AB (Sweden)		45		764
				69,311
CONSUMER SERVICES – 2.3%
Wynn Macau, Ltd. (China) (a)		17,950		28,251
Autogrill SpA (Italy) (a)		1,401		10,269
				38,520
CONSUMER DURABLES & APPAREL – 0.9%
Gildan Activewear, Inc. (Canada)		434		15,996
RETAILING – 0.5%
Wickes Group PLC (United Kingdom) (a)		2,380		8,100
				131,927
MATERIALS – 5.0%
Incitec Pivot, Ltd. (Australia)		23,593		42,110
DS Smith PLC (United Kingdom)		5,104		29,505
Titan Cement International SA (Belgium) (a)		645		12,548
				84,163
HEALTH CARE – 4.6%
HEALTH CARE EQUIPMENT & SERVICES – 4.6%
ConvaTec Group PLC (United Kingdom)		10,128		33,708
Healius, Ltd. (Australia)		6,089		21,143
Ansell, Ltd. (Australia)		376		12,272

Oakmark International Small Cap Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 96.2%  (cont.)
HEALTH CARE – 4.6% (cont.)
HEALTH CARE EQUIPMENT & SERVICES – 4.6%  (cont.)
Elekta AB, Class B (Sweden)		766	$	11,103
				78,226
CONSUMER STAPLES – 3.3%
HOUSEHOLD & PERSONAL PRODUCTS – 2.7%
Kimberly-Clark de Mexico SAB de CV, Class A (Mexico)		25,610		45,441
FOOD & STAPLES RETAILING – 0.6%
Sugi Holdings Co., Ltd. (Japan)		152		11,046
				56,487
REAL ESTATE – 2.4%
LSL Property Services PLC (United Kingdom) (a)		4,586		27,406
IWG PLC (Switzerland) (a)		3,024		12,576
				39,982
TOTAL COMMON STOCKS – 96.2%
(Cost $1,305,593)				1,621,907

	Par Value		Value
SHORT-TERM INVESTMENT – 3.7%
REPURCHASE AGREEMENT – 3.7%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $62,144, collateralized by United States Treasury Note, 0.125% due 03/31/23, value plus accrued interest of $63,387  (Cost: $62,144)	$	62,144		62,144
TOTAL SHORT-TERM INVESTMENTS – 3.7%
(Cost $62,144)				62,144
TOTAL INVESTMENTS – 99.9%
(Cost $1,367,737)				1,684,051
Foreign Currencies (Cost $111) – 0.0% (c)				111
Other Assets In Excess of Liabilities – 0.1%				1,045
TOTAL NET ASSETS – 100.0%			$	1,685,207

(a)	Non-income producing security
(b)	Sponsored American Depositary Receipt
(c)	Amount rounds to less than 0.1%.

Oakmark International Small Cap Fund	June 30, 2021 (Unaudited)
Schedule of Investments (in thousands)

FORWARD FOREIGN CURRENCY CONTRACT (in thousands)
	Local Contract Amount		Base Contract Amount		Settlement Date	Valuation at 6/30/21		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sold:
Swiss Franc		17,386	$	19,430	12/15/21	$	18,882	$	548
						$	18,882	$	548

Oakmark Equity and Income Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

	Shares		Value
COMMON STOCKS – 64.4%
FINANCIALS – 12.7%
BANKS – 6.9%
Bank of America Corp.		8,875	$	365,933
Citigroup, Inc.		2,530		178,971
				544,904
DIVERSIFIED FINANCIALS – 3.4%
Ally Financial, Inc.		4,364		217,487
State Street Corp.		653		53,745
				271,232
INSURANCE – 2.4%
Reinsurance Group of America, Inc.		1,087		123,884
American International Group, Inc.		1,460		69,477
				193,361
				1,009,497
COMMUNICATION SERVICES – 10.5%
MEDIA & ENTERTAINMENT  – 10.5%
Alphabet, Inc., Class A (a)		187		455,638
Charter Communications, Inc., Class A (a)		290		209,076
Comcast Corp., Class A		1,760		100,361
Facebook, Inc., Class A (a)		213		74,062
				839,137
CONSUMER DISCRETIONARY – 9.4%
AUTOMOBILES & COMPONENTS – 8.4%
General Motors Co. (a)		4,705		278,389
BorgWarner, Inc.		3,140		152,435
Lear Corp.		832		145,909
Thor Industries, Inc.		808		91,273
				668,006
CONSUMER DURABLES & APPAREL – 0.6%
Carter's, Inc.		471		48,634
CONSUMER SERVICES – 0.4%
Booking Holdings, Inc. (a)		16		35,754
				752,394
HEALTH CARE – 8.7%
HEALTH CARE EQUIPMENT & SERVICES – 7.9%
CVS Health Corp.		3,540		295,349
HCA Healthcare, Inc.		691		142,775
LivaNova PLC (a)		1,280		107,661
Humana, Inc.		100		44,405
Zimmer Biomet Holdings, Inc.		236		37,937
				628,127
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 0.8%
Regeneron Pharmaceuticals, Inc. (a)		122		68,030
				696,157
CONSUMER STAPLES – 6.3%
FOOD, BEVERAGE & TOBACCO – 6.3%
Philip Morris International, Inc.		2,388		236,655
Keurig Dr Pepper, Inc.		3,092		108,948
Nestlé SA ADR (b)		723		90,187
Constellation Brands, Inc., Class A		280		65,559
				501,349
INDUSTRIALS – 5.8%
CAPITAL GOODS – 5.8%
Carlisle Cos., Inc.		773		147,879
Howmet Aerospace, Inc. (a)		3,340		115,124
Johnson Controls International PLC		1,423		97,688
General Dynamics Corp.		518		97,462
				458,153
INFORMATION TECHNOLOGY – 4.2%
TECHNOLOGY HARDWARE & EQUIPMENT – 2.9%
TE Connectivity, Ltd.		1,718		232,331
SOFTWARE & SERVICES – 1.3%
salesforce.com, Inc. (a)		277		67,736
Fiserv, Inc. (a)		357		38,107
				105,843
				338,174
ENERGY – 3.3%
PDC Energy, Inc.		2,465		112,853
ChampionX Corp. (a)		2,755		70,662
Diamondback Energy, Inc.		615		57,766
Nov, Inc. (a)		1,615		24,745
				266,026
MATERIALS – 2.7%
Glencore PLC		28,371		121,444
Arconic Corp. (a)		1,823		64,927
Sealed Air Corp.		521		30,875
				217,246
REAL ESTATE – 0.8%
The Howard Hughes Corp. (a)		622		60,630
TOTAL COMMON STOCKS – 64.4% (Cost $2,337,240)				5,138,763
PREFERRED STOCKS – 0.2%
FINANCIALS – 0.1%
Signature Bank/New York NY (c), 5.00%		292		7,623
CONSUMER STAPLES – 0.1%
Bunge, Ltd. (c), 4.88%		62		7,248
COMMUNICATION SERVICES – 0.0% (d)
Liberty Broadband Corp. (c), 7.00%		50		1,396
TOTAL PREFERRED STOCKS – 0.2% (Cost $15,013)				16,267

Oakmark Equity and Income Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

		Par Value		Value
FIXED INCOME – 24.4%
CORPORATE BONDS – 17.1%
CONSUMER DISCRETIONARY – 4.0%
Aramark Services, Inc., 144A
6.375%, due 05/01/25 (e)	$	9,900	$	10,519
Asbury Automotive Group, Inc.
4.50%, due 03/01/28		1,600		1,644
Booking Holdings, Inc.
3.60%, due 06/01/26		14,730		16,334
3.55%, due 03/15/28		9,950		11,111
4.625%, due 04/13/30		4,950		5,921
BorgWarner, Inc.
2.65%, due 07/01/27		4,215		4,472
Caesars Resort Collection LLC / CRC Finco, Inc., 144A
5.25%, due 10/15/25 (e)		25,870		26,237
CCO Holdings LLC / CCO Holdings Capital Corp., 144A
4.75%, due 03/01/30 (e)		2,980		3,148
5.125%, due 05/01/27 (e)		250		262
Charter Communications Operating LLC / Charter Communications Operating Capital
4.20%, due 03/15/28		9,950		11,269
4.50%, due 02/01/24		2,985		3,251
Expedia Group, Inc.
5.00%, due 02/15/26		22,860		26,077
3.25%, due 02/15/30		5,860		6,127
International Game Technology PLC, 144A
6.50%, due 02/15/25 (e)		19,600		21,977
6.25%, due 01/15/27 (e)		200		228
Lear Corp.
4.25%, due 05/15/29		7,955		8,963
3.50%, due 05/30/30		6,950		7,475
Lithia Motors, Inc., 144A
3.875%, due 06/01/29 (e)		4,250		4,405
4.625%, due 12/15/27 (e)		2,980		3,152
4.375%, due 01/15/31 (e)		2,000		2,142
5.25%, due 08/01/25 (e)		1,990		2,047
Marriott International, Inc.
4.625%, due 06/15/30		9,400		10,837
4.00%, due 04/15/28		9,761		10,735
4.15%, due 12/01/23		8,094		8,679
3.60%, due 04/15/24		6,960		7,420
MGM Resorts International
4.75%, due 10/15/28		13,875		14,742
6.75%, due 05/01/25		9,850		10,551
Rent-A-Center, Inc., 144A
6.375%, due 02/15/29 (e)		350		376
Sands China, Ltd.
5.40%, due 08/08/28		5,000		5,808
5.125%, due 08/08/25		3,000		3,352
4.60%, due 08/08/23		2,000		2,124
Scientific Games International, Inc., 144A
5.00%, due 10/15/25 (e)		19,910		20,557
Starbucks Corp.
3.80%, due 08/15/25		9,950		11,013
4.00%, due 11/15/28		2,985		3,437
The William Carter Co., 144A
5.625%, due 03/15/27 (e)		1,750		1,841
Tractor Supply Co.
1.75%, due 11/01/30		1,980		1,889
Under Armour, Inc.
3.25%, due 06/15/26		12,565		13,018
Wolverine World Wide, Inc., 144A
5.00%, due 09/01/26 (e)		12,140		12,444
Yum! Brands, Inc.
3.875%, due 11/01/23		6,329		6,645
				322,229
INDUSTRIALS – 3.7%
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons LLC, 144A
3.50%, due 02/15/23 (e)		12,470		12,801
Bacardi, Ltd., 144A
4.45%, due 05/15/25 (e)		4,900		5,448
BAT Capital Corp.
3.557%, due 08/15/27		6,965		7,462
2.259%, due 03/25/28		2,975		2,955
BAT International Finance PLC
1.668%, due 03/25/26		4,460		4,459
Carrier Global Corp.
2.493%, due 02/15/27		4,965		5,199
2.242%, due 02/15/25		4,965		5,164
CSX Corp.
2.50%, due 05/15/51		3,400		3,089
Delta Air Lines, Inc.
3.80%, due 04/19/23		9,425		9,781
Fedex Corp. Pass Through Trust
1.875%, due 08/20/35		10,609		10,537
Fortune Brands Home & Security, Inc.
4.00%, due 06/15/25		13,430		14,802
4.00%, due 09/21/23		9,945		10,643
GXO Logistics, Inc., 144A
1.65%, due 07/15/26 (e)		6,750		6,716
Hilton Domestic Operating Co., Inc., 144A
4.00%, due 05/01/31 (e)		19,250		19,421
3.625%, due 02/15/32 (e)		13,500		13,331
3.75%, due 05/01/29 (e)		9,000		9,069
Howmet Aerospace, Inc.
6.875%, due 05/01/25		14,890		17,332
Kraft Heinz Foods Co.
3.875%, due 05/15/27		1,900		2,083
Lennox International, Inc.
1.35%, due 08/01/25		2,000		2,013
1.70%, due 08/01/27		1,995		1,996
Raytheon Technologies Corp.
3.65%, due 08/16/23		169		179
Southwest Airlines Co.
5.125%, due 06/15/27		15,853		18,677
5.25%, due 05/04/25		7,875		8,988
The Boeing Co.
2.70%, due 02/01/27		41,847		43,276
Uber Technologies, Inc., 144A

Oakmark Equity and Income Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

	Par Value		Value
FIXED INCOME – 24.4%  (cont.)
CORPORATE BONDS – 17.1%  (cont.)
INDUSTRIALS – 3.7%  (cont.)
8.00%, due 11/01/26 (e)	$	21,430	$	23,091
7.50%, due 05/15/25 (e)		7,940		8,569
7.50%, due 09/15/27 (e)		4,470		4,912
United Airlines, Inc., 144A
4.375%, due 04/15/26 (e)		250		259
4.625%, due 04/15/29 (e)		250		259
Viterra Finance BV, 144A
2.00%, due 04/21/26 (e)		6,400		6,411
WESCO Distribution, Inc.
5.375%, due 06/15/24		13,675		13,860
				292,782
FINANCIALS – 3.3%
Ally Financial, Inc.
4.70%(5 year Treasury Constant Maturity Rate + 3.868%) (c) (f)		23,750		24,527
3.875%, due 05/21/24		7,950		8,567
Apollo Commercial Real Estate Finance, Inc. REIT, 144A
4.625%, due 06/15/29 (e)		17,750		17,503
Bank of America Corp.
4.45%, due 03/03/26		5,000		5,667
Berkshire Hathaway Finance Corp.
1.45%, due 10/15/30		1,980		1,935
CenterState Bank Corp.
5.75% (SOFRRATE + 5.617%), due 06/01/30 (f)		4,960		5,421
Citigroup, Inc.
3.352%(3 mo. USD LIBOR + 0.897%), due 04/24/25 (f)		22,860		24,360
3.40%, due 05/01/26		15,000		16,381
CNO Financial Group, Inc.
5.25%, due 05/30/25		5,895		6,687
Credit Suisse Group AG, 144A
7.50% (USD 5 Year Swap rate + 4.598%) (c) (e) (f)		15,000		16,640
E*TRADE Financial Corp.
2.95%, due 08/24/22		11,965		12,289
Extra Space Storage, LP REIT
2.55%, due 06/01/31		3,750		3,780
JPMorgan Chase & Co.
1.406% (3 mo. USD LIBOR + 1.230%), due 10/24/23 (f)		19,910		20,189
LPL Holdings, Inc., 144A
4.00%, due 03/15/29 (e)		3,850		3,869
MSCI, Inc., 144A
5.375%, due 05/15/27 (e)		6,965		7,418
Nasdaq, Inc.
1.65%, due 01/15/31		8,750		8,276
Pershing Square Holdings, Ltd, 144A
3.25%, due 11/15/30 (e)		14,000		14,235
Principal Life Global Funding II, 144A
2.375%, due 11/21/21 (e)		6,970		7,028
Reinsurance Group of America, Inc.
3.15%, due 06/15/30		6,900		7,386
3.95%, due 09/15/26		4,905		5,446
S&P Global, Inc.
2.95%, due 01/22/27		9,810		10,592
Stifel Financial Corp.
4.00%, due 05/15/30		6,900		7,650
SVB Financial Group
2.10%, due 05/15/28		6,500		6,598
4.00%(5 year Treasury Constant Maturity Rate + 3.202%) (c) (f)		4,000		4,071
The Goldman Sachs Group, Inc.
3.20%, due 02/23/23		7,000		7,302
1.934%(3 mo. USD LIBOR + 1.750%), due 10/28/27 (f)		2,975		3,150
Wells Fargo & Co.
1.416% (3 mo. USD LIBOR + 1.230%), due 10/31/23 (f)		8,603		8,723
				265,690
ENERGY – 1.2%
Apergy Corp.
6.375%, due 05/01/26		12,919		13,549
Diamondback Energy, Inc.
3.125%, due 03/24/31		7,250		7,522
4.75%, due 05/31/25		2,900		3,266
NOV, Inc.
3.60%, due 12/01/29		24,835		25,964
Occidental Petroleum Corp.
3.50%, due 08/15/29		6,945		6,945
Oceaneering International, Inc.
4.65%, due 11/15/24		4,005		4,032
Parsley Energy LLC / Parsley Finance Corp, 144A
4.125%, due 02/15/28 (e)		20,576		21,656
Schlumberger Holdings Corp., 144A
4.00%, due 12/21/25 (e)		9,830		10,907
				93,841
INFORMATION TECHNOLOGY – 1.2%
Apple, Inc.
1.65%, due 02/08/31		9,750		9,612
2.65%, due 02/08/51		6,000		5,869
Avnet, Inc.
4.875%, due 12/01/22		8,275		8,752
Broadcom Corp. / Broadcom Cayman Finance, Ltd.
3.00%, due 01/15/22		6,684		6,759
3.50%, due 01/15/28		4,975		5,462
Broadcom, Inc., 144A
3.469%, due 04/15/34 (e)		9,955		10,479
3.419%, due 04/15/33 (e)		6,950		7,307
CommScope, Inc., 144A
5.50%, due 03/01/24 (e)		3,480		3,580
Dell International LLC / EMC Corp.
5.45%, due 06/15/23		14,725		15,973
Motorola Solutions, Inc.
4.60%, due 02/23/28		2,985		3,481
NortonLifeLock, Inc.,144A
5.00%, due 04/15/25 (e)		1,000		1,014
NXP BV / NXP Funding LLC / NXP USA, Inc., 144A
2.50%, due 05/11/31 (e)		3,750		3,798

Oakmark Equity and Income Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

	Par Value		Value
FIXED INCOME – 24.4%  (cont.)
CORPORATE BONDS – 17.1%  (cont.)
INFORMATION TECHNOLOGY – 1.2%  (cont.)
Tyco Electronics Group SA
3.70%, due 02/15/26	$	9,830	$	10,773
				92,859
REAL ESTATE – 1.1%
CBRE Services, Inc.
2.50%, due 04/01/31		10,750		10,899
GLP Capital, LP / GLP Financing II, Inc. REIT
5.375%, due 11/01/23		12,000		13,040
4.00%, due 01/15/31		9,425		10,155
5.75%, due 06/01/28		4,975		5,920
5.25%, due 06/01/25		4,975		5,600
5.375%, due 04/15/26		3,925		4,518
MGM Growth Properties Operating Partnership, LP / MGP Finance Co-Issuer, Inc. REIT
5.625%, due 05/01/24		2,945		3,189
MPT Operating Partnership, LP / MPT Finance Corp. REIT
3.50%, due 03/15/31		3,900		3,939
Omega Healthcare Investors, Inc. REIT
5.25%, due 01/15/26		4,982		5,684
4.375%, due 08/01/23		3,098		3,298
Sun Communities Operating, LP REIT
2.70%, due 07/15/31		1,750		1,752
The Howard Hughes Corp., 144A
4.375%, due 02/01/31 (e)		8,750		8,718
5.375%, due 08/01/28 (e)		3,400		3,609
Ventas Realty, LP REIT
3.125%, due 06/15/23		2,490		2,592
3.50%, due 02/01/25		900		972
				83,885
COMMUNICATION SERVICES – 0.9%
Netflix, Inc.
4.875%, due 04/15/28		33,740		39,181
5.875%, due 02/15/25		11,940		13,798
5.875%, due 11/15/28		6,965		8,549
Netflix, Inc., 144A
5.375%, due 11/15/29 (e)		4,970		6,036
Twitter, Inc., 144A
3.875%, due 12/15/27 (e)		700		744
Zayo Group Holdings, Inc., 144A
4.00%, due 03/01/27 (e)		250		248
				68,556
HEALTH CARE – 0.8%
AbbVie, Inc.
2.95%, due 11/21/26		6,955		7,481
Centene Corp.
4.25%, due 12/15/27		2,980		3,140
Charles River Laboratories International, Inc., 144A
4.00%, due 03/15/31 (e)		1,350		1,404
Cigna Corp.
2.375%, due 03/15/31		5,850		5,939
CVS Health Corp.
5.00%, due 12/01/24		6,880		7,729
HCA, Inc.
5.625%, due 09/01/28		2,985		3,537
5.375%, due 09/01/26		500		575
IQVIA, Inc., 144A
5.00%, due 10/15/26 (e)		7,800		8,054
Johnson & Johnson
1.30%, due 09/01/30		915		889
Perrigo Finance Unlimited Co.
3.15%, due 06/15/30		1,050		1,074
Regeneron Pharmaceuticals, Inc.
1.75%, due 09/15/30		5,950		5,644
Universal Health Services, Inc., 144A
5.00%, due 06/01/26 (e)		8,325		8,533
Zimmer Biomet Holdings, Inc.
3.05%, due 01/15/26		4,965		5,350
3.15%, due 04/01/22		3,810		3,871
				63,220
CONSUMER STAPLES – 0.3%
Altria Group, Inc.
2.45%, due 02/04/32		10,750		10,402
Philip Morris International, Inc.
1.75%, due 11/01/30		2,970		2,873
Post Holdings, Inc., 144A
5.75%, due 03/01/27 (e)		500		523
Smithfield Foods, Inc., 144A
3.35%, due 02/01/22 (e)		4,975		5,045
2.65%, due 10/03/21 (e)		3,980		3,999
4.25%, due 02/01/27 (e)		995		1,088
Sysco Corp.
5.65%, due 04/01/25		995		1,153
				25,083
MATERIALS – 0.3%
Anglo American Capital PLC, 144A
2.25%, due 03/17/28 (e)		3,750		3,795
Glencore Funding LLC, 144A
3.875%, due 10/27/27 (e)		9,950		10,943
3.00%, due 10/27/22 (e)		9,950		10,230
				24,968
COMMUNICATIONS – 0.3%
T-Mobile USA, Inc.
3.75%, due 04/15/27		19,855		21,940
3.50%, due 04/15/25		1,985		2,151
				24,091
UTILITIES – 0.0% (d)
The Southern Co.
3.75% (5 year Treasury Constant Maturity Rate + 2.915%), due 09/15/51 (f)		3,750		3,779

Oakmark Equity and Income Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

	Par Value		Value
FIXED INCOME – 24.4%  (cont.)
CORPORATE BONDS – 17.1%  (cont.)
Total Corporate Bonds
(Cost $1,276,020)				1,360,983
GOVERNMENT AND AGENCY SECURITIES – 6.3%
U.S. GOVERNMENT NOTES – 6.3%
United States Treasury Notes
2.125%, due 08/15/21	$	250,000	$	250,646
2.00%, due 11/30/22		74,625		76,561
1.75%, due 03/31/22		74,645		75,572
2.125%, due 12/31/22		49,745		51,195
1.875%, due 11/30/21		49,785		50,158
				504,132
Total Government and Agency Securities
(Cost $499,008)				504,132
BANK LOANS – 1.0%
INDUSTRIALS – 0.4%
Skymiles IP, Ltd. 2020 Term Loan B
4.75% (1 mo. USD LIBOR + 3.750%), due 10/20/27 (f)		14,000		14,780
US Foods, Inc. 2016 Term Loan B
1.85% (1 mo. USD LIBOR + 1.750%), due 06/27/23 (f)		8,972		8,879
Adient US LLC 2021 Term Loan B
3.60% (3 mo. USD LIBOR + 3.500%), due 04/08/28 (f)		6,000		5,998
United Airlines, Inc. 2021 Term Loan B, 144A
4.50% (3 mo. USD LIBOR + 3.750%), due 04/21/28 (e) (f)		2,993		3,029
				32,686
FINANCIALS – 0.3%
Blackstone Mortgage Trust, Inc. Term Loan B
2.35% (1 mo. USD LIBOR + 2.250%), due 04/23/26 (f)		19,906		19,699
Zebra Buyer LLC Term Loan B
0.00%, due 04/21/28 (g)		3,000		3,007
				22,706
MATERIALS – 0.2%
Asplundh Tree Expert LLC 2021 Term Loan B
1.85% (3 mo. USD LIBOR + 1.750%), due 09/07/27 (f)		13,935		13,881
ENERGY – 0.1%
Apergy Corp. 2020 Term Loan
6.00% (3 mo. USD LIBOR + 5.000%), due 06/03/27 (f)		13,015		13,259
CONSUMER DISCRETIONARY – 0.0% (d)
Rent A Center, Inc. 2021 Term Loan B
4.75% (1 mo. USD LIBOR + 4.000%), due 02/17/28 (f)		997		997
Total Bank Loans
(Cost $82,861)				83,529
TOTAL FIXED INCOME – 24.4%
(Cost $1,857,889)				1,948,644

SHORT-TERM INVESTMENTS – 11.6%
REPURCHASE AGREEMENT – 6.3%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $501,169, collateralized by United States Treasury Notes, 0.125% - 0.625% due 03/31/23 - 04/30/23, aggregate value plus accrued interest of $511,192  (Cost: $501,168)	$	501,168	$	501,168
COMMERCIAL PAPER – 5.3%
American Honda Finance Corp.,
0.10% - 0.17%, due 07/07/21 - 08/18/21 (h)		206,491		206,456
Walgreens Boots, 144A,
0.15% - 0.17%, due 07/01/21 - 07/30/21 (e) (h)		97,500		97,496
Kellogg Co., 144A,
0.08% - 0.1%, due 07/02/21 - 07/14/21 (e) (h)		71,500		71,498
General Mills, Inc., 144A,
0.07%, due 07/07/21 - 07/12/21 (e) (h)		47,000		46,998
Total Commercial Paper
(Cost $422,455)				422,448
TOTAL SHORT-TERM INVESTMENTS – 11.6%
(Cost $923,623)				923,616
TOTAL INVESTMENTS – 100.6%
(Cost $5,133,765)				8,027,290
Foreign Currencies – 0.0%(d)				0	(i)
Liabilities In Excess of Other Assets – (0.6)%				(48,310	)
NET ASSETS – 100.0%			$	7,978,980

(a)	Non-income producing security
(b)	Sponsored American Depositary Receipt
(c)	Security is perpetual and has no stated maturity date.
(d)	Amount rounds to less than 0.1%.
(e)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers.
(f)	Floating Rate Note. Rate shown is as of June 30, 2021.
(g)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date.
(h)	The rate shown represents the annualized yield at the time of purchase; not a coupon rate.
(i)	Amount rounds to less than $1,000.

Abbreviations:

REIT: Real Estate Investment Trust

Oakmark Bond Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

	Shares		Value
PREFERRED STOCKS – 1.8%
COMMUNICATION SERVICES – 0.9%
Liberty Broadband Corp. (a), 7.00%		32	$	889
FINANCIALS – 0.5%
Signature Bank/New York NY (a), 5.00%		16		423
CONSUMER STAPLES – 0.4%
Bunge, Ltd. (a), 4.88%		3		395
TOTAL PREFERRED STOCKS – 1.8%
(Cost $1,587)				1,707

	Par Value		Value
FIXED INCOME – 97.0%
CORPORATE BONDS – 48.4%
INDUSTRIALS – 11.2%
BAT Capital Corp.
2.259%, due 03/25/28	$	1,000		993
Delta Air Lines, Inc. / SkyMiles IP, Ltd, 144A
4.75%, due 10/20/28 (b)		500		556
Fedex Corp. Pass Through Trust
1.875%, due 08/20/35		973		967
Hilton Domestic Operating Co., Inc., 144A
3.625%, due 02/15/32 (b)		1,000		987
Howmet Aerospace, Inc.
6.875%, due 05/01/25		750		873
Kraft Heinz Foods Co.
3.875%, due 05/15/27		500		548
Lennox International, Inc.
1.70%, due 08/01/27		1,000		1,000
Southwest Airlines Co.
5.125%, due 06/15/27		1,000		1,178
The Boeing Co.
2.70%, due 02/01/27		750		776
Uber Technologies, Inc., 144A
7.50%, due 09/15/27 (b)		1,000		1,099
United Airlines, Inc., 144A
4.625%, due 04/15/29 (b)		500		518
US Foods, Inc., 144A
4.75%, due 02/15/29 (b)		250		255
Viterra Finance BV, 144A
2.00%, due 04/21/26 (b)		1,000		1,002
				10,752
FINANCIALS – 9.0%
Ally Financial, Inc.
4.70% (5 year Treasury Constant Maturity Rate + 3.481%) (a) (c)		1,000		1,013
Apollo Commercial Real Estate Finance, Inc. REIT, 144A
4.625%, due 06/15/29 (b)		1,000		986
Extra Space Storage, LP REIT
2.55%, due 06/01/31		1,000		1,008
LPL Holdings, Inc., 144A
4.00%, due 03/15/29 (b)		500		502
Nasdaq, Inc.
1.65%, due 01/15/31		1,000		946
Pershing Square Holdings, Ltd, 144A
3.25%, due 11/15/30 (b)		1,000		1,017
Reinsurance Group of America, Inc.
3.15%, due 06/15/30		1,000		1,070
Signature Bank/New York NY
4.00% (AMERIBOR + 3.890%), due 10/15/30 (c)		1,000		1,062
SVB Financial Group
4.00% (5 year Treasury Constant Maturity Rate + 3.202%) (a) (c)		1,000		1,018
				8,622
CONSUMER DISCRETIONARY – 8.8%
Booking Holdings, Inc.
3.55%, due 03/15/28		1,000		1,117
BorgWarner, Inc.
2.65%, due 07/01/27		750		796
Lithia Motors, Inc., 144A
4.375%, due 01/15/31 (b)		750		803
3.875%, due 06/01/29 (b)		500		518
M/I Homes, Inc.
4.95%, due 02/01/28		500		522
Marriott International, Inc.
4.15%, due 12/01/23		1,500		1,608
4.625%, due 06/15/30		750		865
3.125%, due 06/15/26		250		265
MGM Resorts International
4.75%, due 10/15/28		500		531
Rent-A-Center, Inc., 144A
6.375%, due 02/15/29 (b)		500		537
The Home Depot, Inc.
2.375%, due 03/15/51		1,000		926
				8,488
HEALTH CARE – 5.2%
AbbVie, Inc.
2.95%, due 11/21/26		750		807
Astrazeneca Finance LLC
1.75%, due 05/28/28		1,000		1,000
Charles River Laboratories International, Inc., 144A
4.00%, due 03/15/31 (b)		500		520
Emergent BioSolutions, Inc., 144A
3.875%, due 08/15/28 (b)		250		245
Perrigo Finance Unlimited Co.
3.15%, due 06/15/30		750		767
Regeneron Pharmaceuticals, Inc.
1.75%, due 09/15/30		1,250		1,186
Tenet Healthcare Corp, 144A
4.25%, due 06/01/29 (b)		500		506
				5,031
ENERGY – 4.8%
Chesapeake Energy Corp, 144A
5.875%, due 02/01/29 (b)		1,000		1,082
Diamondback Energy, Inc.
3.125%, due 03/24/31		500		519
Enable Midstream Partners, LP
4.15%, due 09/15/29		500		548
EQT Corp, 144A
3.125%, due 05/15/26 (b)		100		102
NOV, Inc.
3.60%, due 12/01/29		750		784
Parsley Energy LLC / Parsley Finance Corp, 144A
4.125%, due 02/15/28 (b)		1,500		1,579
				4,614

Oakmark Bond Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

		Par Value		Value
FIXED INCOME – 97.0%  (cont.)
CORPORATE BONDS – 48.4%  (cont.)
REAL ESTATE – 2.7%
CBRE Services, Inc.
2.50%, due 04/01/31	$	1,000	$	1,014
GLP Capital, LP / GLP Financing II, Inc. REIT
4.00%, due 01/15/31		500		539
Sun Communities Operating, LP REIT
2.70%, due 07/15/31		1,000		1,001
				2,554
COMMUNICATION SERVICES – 2.0%
Alphabet, Inc.
2.05%, due 08/15/50		750		662
T-Mobile USA, Inc.
4.00%, due 04/15/22		1,211		1,233
				1,895
MATERIALS – 1.6%
Anglo American Capital PLC, 144A
2.25%, due 03/17/28 (b)		1,000		1,012
Kraton Polymers LLC / Kraton Polymers Capital Corp, 144A
4.25%, due 12/15/25 (b)		500		510
				1,522
INFORMATION TECHNOLOGY – 1.1%
NXP BV / NXP Funding LLC / NXP USA, Inc., 144A
2.50%, due 05/11/31 (b)		1,000		1,013
UTILITIES – 1.0%
The Southern Co.
3.75% (5 year Treasury Constant Maturity Rate + 2.915%), due 09/15/51 (c)		1,000		1,008
CONSUMER STAPLES – 1.0%
Altria Group, Inc.
2.45%, due 02/04/32		1,000		968
Total Corporate Bonds
(Cost $45,088)				46,467
GOVERNMENT AND AGENCY SECURITIES – 39.3%
U.S. GOVERNMENT NOTES – 25.0%
United States Treasury Notes
0.25%, due 06/15/24		7,500		7,455
1.50%, due 09/30/24		4,000		4,127
0.375%, due 03/31/22		4,000		4,008
0.25%, due 05/31/25		4,000		3,934
1.25%, due 06/30/28		3,000		3,008
1.625%, due 05/15/31		1,000		1,017
1.125%, due 02/15/31		500		486
				24,035
U.S. GOVERNMENT AGENCIES – 14.3%
Federal Farm Credit Banks Funding Corp.
0.32%, due 12/23/24		5,000		4,949
0.36%, due 09/24/24		4,000		3,968
Federal Home Loan Banks
0.48%, due 09/10/24		2,500		2,489
0.50%, due 08/27/24		2,360		2,357
				13,763
Total Government and Agency Securities
(Cost $37,946)				37,798
BANK LOANS – 9.3%
INDUSTRIALS – 4.1%
Adient US LLC 2021 Term Loan B
3.60% (3 mo. USD LIBOR +  3.500%), due 04/08/28 (c)		1,000		1,000
Skymiles IP, Ltd. 2020 Term Loan B
4.75% (1 mo. USD LIBOR + 3.750%), due 10/20/27 (c)		1,000		1,056
US Foods, Inc. 2016 Term Loan B
1.85% (1 mo. USD LIBOR + 1.750%), due 06/27/23 (c)		897		888
United Airlines, Inc. 2021 Term Loan B, 144A
4.50% (3 mo. USD LIBOR + 3.750%), due 04/21/28  (b) (c)		998		1,009
				3,953
FINANCIALS – 2.1%
Blackstone Mortgage Trust, Inc. Term Loan B
2.35% (1 mo. USD LIBOR + 2.250%), due 04/23/26 (c)		995		985
Zebra Buyer LLC Term Loan B
0.00%, due 04/21/28 (d)		1,000		1,002
				1,987
CONSUMER DISCRETIONARY – 1.1%
Rent A Center, Inc. 2021 Term Loan B
4.75% (1 mo. USD LIBOR + 4.000%), due 02/17/28 (c)		997		997
MATERIALS – 1.0%
Asplundh Tree Expert LLC 2021 Term Loan B
1.85% (3 mo. USD LIBOR + 1.750%), due 09/07/27 (c)		995		991
ENERGY – 1.0%
Apergy Corp. 2020 Term Loan
6.00% (3 mo. USD LIBOR + 5.000%), due 06/03/27 (c)		950		968
Total Bank Loans
(Cost $8,798)				8,896
TOTAL FIXED INCOME – 97.0%
(Cost $91,832)				93,161
SHORT-TERM INVESTMENTS – 1.8%
REPURCHASE AGREEMENT – 1.3%
Fixed Income Clearing Corp. Repurchase Agreement, 0.01% dated 06/30/21 due 07/01/21, repurchase price $1,288, collateralized by United States Treasury Note, 0.125% due 03/31/23, value plus accrued interest of $1,314  (Cost: $1,288)		1,288		1,288

Oakmark Bond Fund June 30, 2021 (Unaudited)

Schedule of Investments (in thousands)

		Par Value		Value
SHORT-TERM INVESTMENTS – 1.8%  (cont.)
COMMERCIAL PAPER – 0.5%
Walgreens Boots, 144A,
0.15%, due 07/01/21 (b)
(Cost  $500)	$	500	$	500
TOTAL SHORT-TERM INVESTMENTS – 1.8%
(Cost $1,788)				1,788
TOTAL INVESTMENTS – 100.6%
(Cost $95,207)				96,656
Liabilities In Excess of Other Assets – (0.6)%				(560	)
NET ASSETS – 100.0%			$	96,096

(a)	Security is perpetual and has no stated maturity date.
(b)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold, normally only to qualified institutional buyers.
(c)	Floating Rate Note. Rate shown is as of June 30, 2021.
(d)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date.

Abbreviations:

REIT: Real Estate Investment Trust

THE OAKMARK FUNDS

Notes to Schedules of Investments (Unaudited)

1. SIGNIFICANT ACCOUNTING POLICIES

Organization

Harris Associates Investment Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company organized as a Massachusetts business trust on February 1, 1991 and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board ("FASB") Accounting Standard Codification Topic 946 Financial Services—Investment Companies. The Trust consists of the following series (each individually referred to as “a Fund” or collectively as “the Funds”): Oakmark Fund("Oakmark"), Oakmark Select Fund ("Select"), Oakmark Global Fund ("Global"), Oakmark Global Select Fund ("Global Select"), Oakmark International Fund("International"), Oakmark International Small Cap Fund ("Int'l Small Cap"), Oakmark Equity and Income Fund ("Equity and Income") and the Oakmark Bond Fund ("Bond"). Each Fund, other than Select and Global Select, is diversified in accordance with the 1940 Act. The following policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”).

Security valuation

The share price is also called the net asset value (the “NAV”) of a share. The NAV of shares of each class is normally determined by the Funds’ custodian as of the close of regular session trading (usually 4:00 p.m. Eastern time) on the New York Stock Exchange (the “NYSE”) on any day on which the NYSE is open for regular trading. If the NYSE is unexpectedly closed on a day it would normally be open for business, or if the NYSE has an unscheduled early closure, the Funds reserve the right to accept purchase and redemption orders and calculate their share price as of the normally scheduled close of regular trading on the NYSE for that day.

The NYSE is closed on Saturdays and Sundays and on New Year’s Day, the third Mondays in January and February, Good Friday, the last Monday in May, Independence Day, Labor Day, Thanksgiving and Christmas. If one of these holidays falls on a Saturday or Sunday, the NYSE will be closed on the preceding Friday or the following Monday, respectively. A Fund’s NAV will not be calculated on days when the NYSE is closed. The NAV of a class of Fund shares is determined by dividing the value of the assets attributable to that class, less liabilities attributable to that class, by the number of outstanding shares of that class.

Trading in securities of non-U.S. issuers takes place in various markets on some days and at times when the NYSE is not open for trading. In addition, securities of non-U.S. issuers may not trade on some days when the NYSE is open for trading. The value of the Funds’ portfolio holdings may change on days when the NYSE is not open for trading and you cannot purchase or redeem Fund shares.

Equity securities principally traded on securities exchanges in the United States are valued at the last sale price or the official closing price as of the time of valuation on that exchange, or lacking a reported sale price on the principal exchange at the time of valuation, at the most recent bid quotation. Each over-the-counter security traded on the NASDAQ National Market System shall be valued at the NASDAQ Official Closing Price (“NOCP”), or lacking a NOCP at the time of valuation, at the most recent bid quotation. Other over-the-counter securities are valued at the last sales prices at the time of valuation or, lacking any reported sales on that day, at the most recent bid quotations. Each equity security principally traded on a securities exchange outside the United States shall be valued, depending on local convention or regulation, at the last sale price, the last bid or asked price, the mean between the last bid and asked prices, the official closing price, an auction price, or the pricing convention accepted as the official closing price by MSCI for their index calculations. If there are unexpected disruptions in the primary market or valuations from the primary market are deemed suspect, equity securities may be valued based on a pricing composite or valuations from another exchange as of the close of the regular trading hours on the appropriate exchange or other designated time. The market value of exchange-traded securities is determined by using prices provided by one or more independent pricing services, or, as needed, by obtaining market quotations from independent broker-dealers. Short-term debt instruments (i.e., debt instruments whose maturities or expiration dates at the time of acquisition are one year or less) or money market instruments are valued at the latest bid quotation or an evaluated price from an independent pricing service. If a bid quotation or evaluated price from a pricing vendor is not available for short-term debt instrument or money market instrument maturing in 60 days or less from date of valuation, such instruments are valued at amortized cost, which approximates market value. All other debt instruments are valued at the latest bid quotation or at an evaluated price provided by an independent pricing service. The pricing service may use standard inputs, such as benchmark yields, reported trades, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, and reference data, including market research publications. For certain security types, additional inputs may be used or some of the standard inputs may not be applicable. Additionally, the pricing service monitors market indicators and industry and economic events, which may serve as a trigger to gather and possibly use additional market data. Options are valued at the mean of the most recent bid and asked quotations. In the event an option is out-of-the-money and no bid is available, a zero value may be assumed as the bid for purposes of calculating the mean of the most recent bid and ask quotations. In the event that designated pricing vendors are unable to provide valuations or timely valuations for FLEX options on a given day, each FLEX option purchased or written may be valued using the Option Valuation (OVME) function on Bloomberg. The OVME function requires objective inputs (strike price, exercise style and expiration dates) to derive a valuation using Bloomberg’s proprietary calculations. FLEX options shall be valued at the mid of the buy and sell valuations produced by OVME. If values or prices are not readily available or are deemed unreliable, or if an event that is expected to affect the value of a portfolio security occurs after the close of the primary market or exchange on which that security is traded and before the close of the NYSE, the security will be valued at a fair value determined in good faith in accordance with Fund policies and procedures approved by the Board. The Funds may use a systematic fair valuation model provided by an independent pricing service to value securities of non-U.S. issuers in order to adjust for changes in value that may occur between the close of certain foreign exchanges and the NYSE. All assets and liabilities initially expressed in foreign currencies are converted into U.S. dollars at a current exchange price quoted by an independent pricing service or any major bank or dealer. If such quotations are not available, the rate of exchange will be determined in good faith in accordance with Fund policies and procedures. Although fair valuation may be more commonly used with equity securities of non-U.S. issuers, it also may be used in a range of other circumstances, including thinly-traded domestic securities or fixed-income securities. When fair value pricing is employed, the value of a portfolio security used by a Fund to calculate its NAV may differ from quoted or published prices for the same security.

Fair value measurement

Various inputs are used in determining the value of each Fund’s investments. These inputs are prioritized into three broad levels as follows:

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk and others)

Level 3 – significant unobservable inputs (including the assumptions of the Adviser in determining the fair value of investments)

Observable inputs are those based on market data obtained from independent sources and unobservable inputs reflect the Adviser’s own assumptions based on the best information available. The input levels are not necessarily an indication of risk or liquidity associated with investing in those securities.

The following is a summary of the inputs used as of June 30, 2021, in valuing each Fund’s assets and liabilities. Except for the industries or investment types separately stated below, the total amounts for common stocks, fixed income and short-term investments in the table below are presented by industry or investment type in each Fund’s Schedule of Investments. Information on forward foreign currency contracts is presented in each Fund’s Schedule of Investments.

(in thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)			Other Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Oakmark
Common Stocks	$	16,382,749		$	0	$	0
Short Term Investments		0			567,626		0
Total	$	16,382,749		$	567,626	$	0
Select
Common Stocks	$	5,069,633		$	0	$	0
Short Term Investments		0			131,002		0
Call Options Written		(10,860	)		0		0
Total	$	5,058,773		$	131,002	$	0
Global
Common Stocks	$	1,616,316		$	0	$	0
Warrants		300			0		0
Convertible Bonds		0			5,348		0
Short Term Investments		0			46,369		0
Forward Foreign Currency Contracts - Assets		0			559		0
Total	$	1,616,616		$	52,276	$	0
Global Select
Common Stocks	$	1,673,981		$	0	$	0
Short Term Investments		0			53,660		0
Forward Foreign Currency Contracts - Assets		0			485		0
Total	$	1,673,981		$	54,145	$	0
International
Common Stocks	$	27,556,031		$	0	$	0
Preferred Stocks		50,383			0		0
Convertible Bonds		0			85,265		0
Short Term Investments		0			954,197		0
Forward Foreign Currency Contracts - Assets		0			9,794		0
Total	$	27,606,414		$	1,049,256	$	0
Int'l Small Cap
Common Stocks	$	1,621,907		$	0	$	0
Short Term Investments		0			62,144		0
Forward Foreign Currency Contracts - Assets		0			548		0
Total	$	1,621,907		$	62,692	$	0
Equity and Income
Common Stocks	$	5,138,763		$	0	$	0
Preferred Stocks		16,267			0		0
Corporate Bonds		0			1,360,983		0
Government and Agency Securities		0			504,132		0
Bank Loans		0			83,529		0
Short Term Investments		0			923,616		0
Total	$	5,155,030		$	2,872,260	$	0
Bond
Preferred Stocks	$	1,707		$	0	$	0
Corporate Bonds		0			46,467		0
Government and Agency Securities		0			37,798		0
Bank Loans		0			8,896		0
Short Term Investments		0			1,788		0
Total	$	1,707		$	94,949	$	0

Foreign currency translations

Certain Funds invest in foreign securities, which may involve a number of risk factors and special considerations not present with investments in securities of U.S. corporations. Values of investments and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at current exchange rates obtained by a recognized bank, dealer or independent pricing service on the day of valuation. Purchases and sales of investments and dividend and interest income are converted at the prevailing rate of exchange on the respective dates of such transactions.

Forward foreign currency contracts

Forward foreign currency contracts are agreements to exchange one currency for another at a future date and at a specified price. The Funds’ transactions in forward foreign currency contracts are limited to transaction and portfolio hedging. The contractual amounts of forward foreign currency contracts do not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered and could exceed the net unrealized value shown in the tables below. Risks arise from the possible inability of counterparties to meet the terms of their contracts and from movements in currency values. Forward foreign currency contracts are valued at the current day’s interpolated foreign exchange rates. Unrealized gain or loss on the contracts is measured by the difference between the forward foreign exchange rates at the dates of entry into the contracts and the forward rates at the end of the period.

At June 30, 2021, Global, Global Select, International and Int’l Small Cap held non-collateralized, forward foreign currency contracts, which are considered derivative instruments, each of whose counterparty is State Street Bank and Trust Company (“State Street”) and are listed in the Fund’s Schedule of Investments.

For the period ended June 30, 2021, the notional value of forward foreign currency contracts opened and the notional value of settled contracts is listed by Fund in the table below (in thousands):

Fund	Currency Contracts Opened		Currency Contracts Settled
Global	$	39,344	$	35,742
Global Select		42,731		51,384
International		678,202		542,346
Int’l Small Cap		38,509		31,993

Short sales

Each Fund may sell a security it does not own in anticipation of a decline in the fair value of that security. When a Fund sells a security short, it must borrow the security sold short and deliver it to the broker-dealer through which it made the short sale. A gain, limited to the price at which the Fund sold the security short, or loss, unlimited in size, will be recognized upon the termination of the short sale. Each Fund may sell shares of when-issued securities. Typically, a Fund sells when-issued securities when a company announces a spin-off or re-organization, and the post-spin-off or post-re-organization shares begin trading on a when-issued basis prior to the effective date of the corporate action. A sale of a when-issued security is treated as a short sale for accounting purposes. After the effective date, when shares of the new company are received, any shares sold on a when-issued basis will be delivered to the counterparty. At June 30, 2021, none of the Funds had short sales.

When-issued or delayed-delivery securities

Each Fund may purchase securities on a when-issued or delayed-delivery basis. Although the payment and interest terms of these securities are established at the time a Fund enters into the commitment, the securities may be delivered and paid for a month or more after the date of purchase when their value may have changed. A Fund makes such commitments only with the intention of actually acquiring the securities, but may sell the securities before the settlement date if the Adviser deems it advisable for investment reasons. At June 30, 2021, none of the Funds held when-issued securities.

Accounting for options

When a Fund writes an option, the premium received by the Fund is recorded as a liability and is subsequently adjusted to the current fair value of the option written. Premiums received from writing options that expire are recorded by the Fund on the expiration date as realized gains from option transactions. The difference between the premium and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is also treated as a realized gain, or if the premium is less than the amount paid for the closing purchase transaction, as a realized loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security or currency in determining whether the Fund has realized a gain or a loss. If a put option is exercised, the premium reduces the cost basis of the security or currency purchased by the Fund. In writing an option, the Fund bears the market risk of an unfavorable change in the price of the security or currency underlying the written option. As the writer of a covered call option on a security, a Fund foregoes, during the option's life, the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the exercise price of the call. Exercise of an option written by the Fund could result in the Fund selling or buying a security or currency at a price different from the current fair value. Options written by the Fund do not give rise to counterparty credit risk, as they obligate the Fund, not its counterparties, to perform.

When a Fund purchases an option, the premium paid by the Fund is recorded as an asset and is subsequently adjusted to the current fair value of the option purchased. Purchasing call options tends to increase the Fund’s exposure to the underlying instrument. Purchasing put options tends to decrease the Fund’s exposure to the underlying instrument. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying security to determine the realized gain or loss. The risks associated with purchasing put and call options are potential loss of the premium paid and, in the instances of OTC derivatives, the failure of the counterparty to honor its obligation under the contract.

Oakmark and Select used purchased equity options for tax management purposes during the period ended June 30, 2021. There were no outstanding purchased equity options as of June 30, 2021.

Oakmark and Select used equity options written for tax management purposes during the period ended June 30, 2021. Written equity options outstanding, if any, are listed on each Fund's Schedule of Investments.

For the period ended June 30, 2021, the amount of premiums paid (received) for equity options purchased and written are listed by Fund in the table below (in thousands):

	Equity		Equity
	Options		Options
Fund	Purchased		Written
Oakmark	$	8,297	$	(62,974	)
Select		6,332		(54,269	)

Repurchase agreements

Each Fund may invest in repurchase agreements, which are short-term investments whereby the Fund acquires ownership of a debt security and the seller agrees to repurchase the security at a future date at a specified price.

The Funds’ custodian receives delivery of the underlying securities collateralizing repurchase agreements. It is the Funds’ policy that the value of the collateral be at least equal to 102% of the repurchase price, including interest. The Adviser is responsible for determining that the value of the collateral is at all times at least equal to 102% of the repurchase price, including interest. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon a Fund’s ability to dispose of the underlying securities. At June 30, 2021, all of the Funds held repurchase agreements.

Security lending

Each Fund may lend its portfolio securities to broker-dealers and banks. Any such loan must be continuously secured by collateral in cash, cash equivalents or U.S. Treasury or agency securities maintained on a current basis in an amount at least equal to the fair value of the securities loaned by a Fund. The Fund would continue to receive the equivalent of the interest or dividends paid by the issuer on the securities loaned and would also receive an additional return that may be in the form of a fixed fee or a percentage of the earnings on the collateral. The Fund has the right to call the loan and attempt to obtain the securities loaned at any time on notice of not more than five business days. In the event of bankruptcy or other default of the borrower, the Fund could experience delays in liquidating the loan collateral or recovering the loaned securities and incur expenses related to enforcing its rights. There could also be a decline in the value of the collateral or in the fair value of the securities loaned while the Fund seeks to enforce its rights thereto and the Fund could experience subnormal levels of income or lack of access to income during that period. A Fund may not exercise proxy voting rights for a security that is on loan if it is unable to recall the security prior to the record date. The Trust, on behalf of the Funds, has entered into an agreement with State Street to serve as its agent for the purpose of lending securities and maintaining the collateral account.

At June 30, 2021, International had securities on loan with a value of $259,577,840, and held as collateral for the loans U.S. Treasury securities with a value of $272,720,657.

2. INVESTMENTS IN AFFILIATED ISSUERS

A company was considered to be an affiliate of a Fund because that Fund owned 5% or more of the company's voting securities during all or part of the period ended June 30, 2021. Purchase and sale transactions and dividend and interest income earned during the period on these securities are listed after the applicable Fund's Schedule of Investments.

3. SUBSEQUENT EVENTS

The Adviser has evaluated the possibility of subsequent events existing in the Funds' Schedule of Investments. The Adviser has determined that there are no material events that would require adjustment or disclosure in the Funds' Schedule of Investments through the date of the publication of this report.