Oakmark Global Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
| Shares | Value | |||||||
| COMMON STOCKS – 96.0% | ||||||||
| FINANCIALS – 20.3% | ||||||||
| FINANCIAL SERVICES – 9.8% | ||||||||
| Julius Baer Group Ltd. (Switzerland) | 10 | $ | 885 | |||||
| Intercontinental Exchange, Inc. (United States) | 5 | 647 | ||||||
| Carlyle Group, Inc. (United States) | 15 | 642 | ||||||
| Charles Schwab Corp. (United States) | 7 | 628 | ||||||
| Capital One Financial Corp. (United States) | 3 | 602 | ||||||
| 3,404 | ||||||||
| BANKS – 7.3% | ||||||||
| BNP Paribas SA (France) | 11 | 1,331 | ||||||
| KB Financial Group, Inc. (South Korea) | 6 | 642 | ||||||
| Bank of America Corp. (United States) | 10 | 562 | ||||||
| 2,535 | ||||||||
| INSURANCE – 3.2% | ||||||||
| Willis Towers Watson PLC (United States) | 3 | 737 | ||||||
| American International Group, Inc. (United States) | 5 | 400 | ||||||
| 1,137 | ||||||||
| 7,076 | ||||||||
| HEALTH CARE – 16.5% | ||||||||
| HEALTH CARE EQUIPMENT & SERVICES – 8.3% | ||||||||
| Elevance Health, Inc. (United States) | 2 | 909 | ||||||
| Becton Dickinson & Co. (United States) | 5 | 701 | ||||||
| Molina Healthcare, Inc. (United States) (a) | 3 | 653 | ||||||
| GE HealthCare Technologies, Inc. (United States) | 10 | 632 | ||||||
| 2,895 | ||||||||
| PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 8.2% | ||||||||
| IQVIA Holdings, Inc. (United States) (a) | 7 | 1,287 | ||||||
| Bayer AG (Germany) | 17 | 966 | ||||||
| AstraZeneca PLC (United Kingdom) | 3 | 616 | ||||||
| 2,869 | ||||||||
| 5,764 | ||||||||
| CONSUMER DISCRETIONARY – 14.9% | ||||||||
| CONSUMER SERVICES – 5.8% | ||||||||
| Airbnb, Inc., Class A (United States) (a) | 8 | 1,189 | ||||||
| Compass Group PLC (United Kingdom) | 13 | 431 | ||||||
| Accor SA (France) | 7 | 408 | ||||||
| 2,028 | ||||||||
| CONSUMER DURABLES & APPAREL – 5.2% | ||||||||
| adidas AG (Germany) | 6 | 1,216 | ||||||
| LVMH Moet Hennessy Louis Vuitton SE (France) | 1 | 291 | ||||||
| Kering SA (France) | 1 | 288 | ||||||
| 1,795 | ||||||||
| CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL – 2.6% | ||||||||
| Prosus NV (Netherlands) | 12 | 529 | ||||||
| Alibaba Group Holding Ltd. ADR (China) (b) | 4 | 364 | ||||||
| 893 | ||||||||
| AUTOMOBILES & COMPONENTS – 1.3% | ||||||||
| Bayerische Motoren Werke AG (Germany) | 7 | 465 | ||||||
| 5,181 | ||||||||
| INDUSTRIALS – 13.7% | ||||||||
| CAPITAL GOODS – 10.1% | ||||||||
| Sunbelt Rentals Holdings, Inc. (United States) | 14 | 1,060 | ||||||
| CNH Industrial NV (United States) | 72 | 811 | ||||||
| Daimler Truck Holding AG (Germany) | 17 | 804 | ||||||
| Airbus SE (France) | 2 | 539 | ||||||
| Deere & Co. (United States) | 0 | (c) | 291 | |||||
| 3,505 | ||||||||
| TRANSPORTATION – 2.3% | ||||||||
| DSV AS (Denmark) | 3 | 806 | ||||||
| COMMERCIAL & PROFESSIONAL SERVICES – 1.3% | ||||||||
| Equifax, Inc. (United States) | 3 | 446 | ||||||
| 4,757 | ||||||||
| CONSUMER STAPLES – 10.9% | ||||||||
| FOOD, BEVERAGE & TOBACCO – 6.5% | ||||||||
| Keurig Dr. Pepper, Inc. (United States) | 28 | 904 | ||||||
| Mondelez International, Inc., Class A (United States) | 14 | 810 | ||||||
| Diageo PLC (United Kingdom) | 27 | 552 | ||||||
| 2,266 | ||||||||
| CONSUMER STAPLES DISTRIBUTION & RETAIL – 2.9% | ||||||||
| Sysco Corp. (United States) | 12 | 1,025 | ||||||
| HOUSEHOLD & PERSONAL PRODUCTS – 1.5% | ||||||||
| Reckitt Benckiser Group PLC (United Kingdom) | 8 | 506 | ||||||
| 3,797 | ||||||||
| INFORMATION TECHNOLOGY – 10.3% | ||||||||
| SOFTWARE & SERVICES – 8.6% | ||||||||
| Salesforce, Inc. (United States) | 6 | 910 | ||||||
| Dassault Systemes SE (France) | 35 | 704 | ||||||
| SAP SE (Germany) | 4 | 601 | ||||||
| Capgemini SE (France) | 5 | 477 | ||||||
| Gartner, Inc. (United States) (a) | 2 | 318 | ||||||
| 3,010 | ||||||||
| TECHNOLOGY HARDWARE & EQUIPMENT – 1.7% | ||||||||
| Hexagon AB, Class B (Sweden) | 71 | 588 | ||||||
| 3,598 | ||||||||
| MATERIALS – 5.8% | ||||||||
| Symrise AG (Germany) | 8 | 824 | ||||||
| Glencore PLC (Switzerland) | 105 | 718 | ||||||
| Amrize Ltd. (United States) | 9 | 480 | ||||||
| 2,022 | ||||||||
OAKMARK FUNDS
Oakmark Global Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
| Shares | Value | |||||||
| COMMON STOCKS – 96.0% (cont.) | ||||||||
| COMMUNICATION SERVICES – 2.8% | ||||||||
| MEDIA & ENTERTAINMENT – 2.8% | ||||||||
| Alphabet, Inc., Class A (United States) | 2 | $ | 646 | |||||
| Netflix, Inc. (United States) (a) | 5 | 346 | ||||||
| 992 | ||||||||
| ENERGY – 0.8% | ||||||||
| ConocoPhillips (United States) | 3 | 261 | ||||||
| TOTAL COMMON STOCKS – 96.0% | ||||||||
| (Cost $34,536) | 33,448 | |||||||
| PREFERRED STOCKS – 2.8% | ||||||||
| TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS – 2.8% | ||||||||
| Samsung Electronics Co. Ltd. (South Korea) | 7 | 992 | ||||||
| TOTAL PREFERRED STOCKS – 2.8% | ||||||||
| (Cost $441) | 992 | |||||||
| Par Value | Value | |||||||
| SHORT-TERM INVESTMENTS – 1.0% | ||||||||
| REPURCHASE AGREEMENT – 1.0% | ||||||||
| Fixed Income Clearing Corp. Repurchase Agreement, 3.62% dated 6/30/26 due 7/1/26, repurchase price $338, collateralized by a United States Treasury Note, 3.375% due 12/31/27, value plus accrued interest of $345 (Cost: $337) | $ | 337 | 337 | |||||
| TOTAL SHORT-TERM INVESTMENTS – 1.0% | ||||||||
| (Cost $337) | 337 | |||||||
| TOTAL
INVESTMENTS – 99.8% (Cost $35,314) | 34,777 | |||||||
| Foreign Currencies (Cost $0) – 0.0% (d) | 0 | (e) | ||||||
| Other Assets In Excess of Liabilities – 0.2% | 55 | |||||||
| TOTAL NET ASSETS – 100.0% | $ | 34,832 | ||||||
| (a) | Non-income producing security. |
| (b) | Sponsored American Depositary Receipt |
| (c) | Amount rounds to less than 1,000 shares. |
| (d) | Amount rounds to less than 0.1%. |
| (e) | Amount rounds to less than $1,000. |
Oakmark.com
OAKMARK GLOBAL LARGE CAP ETF
Global Diversification —June 30, 2026 (Unaudited)
| % of Equity Investments | ||||||||||
| North America | 52.0 | % | ||||||||
| United States | 52.0 | % | ||||||||
| Europe | 42.1 | % | ||||||||
| Germany | 14.1 | % | ||||||||
| France | 11.7 | % | ||||||||
| United Kingdom | 6.1 | % | ||||||||
| Switzerland | 4.7 | % | ||||||||
| Denmark | 2.3 | % | ||||||||
| Sweden | 1.7 | % | ||||||||
| Netherlands | 1.5 | % | ||||||||
| Asia | 5.9 | % | ||||||||
| South Korea | 4.8 | % | ||||||||
| China | 1.1 | % | ||||||||
| 100.0 | % | |||||||||
Oakmark Global Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
Fair value measurement
Various inputs are used in determining the value of the 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, 2026, in valuing the Fund’s assets and liabilities.
| (in thousands) | Quoted
Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | |||||||||
| Common Stocks | $ | 33,448 | $ | 0 | $ | 0 | ||||||
| Preferred Stocks | 992 | 0 | 0 | |||||||||
| Short-Term Investments | 0 | 337 | 0 | |||||||||
| Total | $ | 34,440 | $ | 337 | $ | 0 | ||||||
OAKMARK FUNDS
Oakmark International Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
| Shares | Value | |||||||
| COMMON STOCKS – 96.6% | ||||||||
| CONSUMER DISCRETIONARY – 22.2% | ||||||||
| CONSUMER DURABLES & APPAREL – 10.7% | ||||||||
| adidas AG (Germany) | 14 | $ | 2,957 | |||||
| LVMH Moet Hennessy Louis Vuitton SE (France) | 4 | 1,995 | ||||||
| Cie Financiere Richemont SA, Class A (Switzerland) | 8 | 1,861 | ||||||
| Kering SA (France) | 5 | 1,329 | ||||||
| NIKE, Inc., Class B (United States) | 7 | 301 | ||||||
| 8,443 | ||||||||
| CONSUMER SERVICES – 6.6% | ||||||||
| Compass Group PLC (United Kingdom) | 79 | 2,556 | ||||||
| Accor SA (France) | 42 | 2,444 | ||||||
| Booking Holdings, Inc. (United States) | 1 | 215 | ||||||
| 5,215 | ||||||||
| CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL – 2.8% | ||||||||
| Coupang, Inc. (South Korea) (a) | 73 | 1,272 | ||||||
| Alibaba Group Holding Ltd. ADR (China) (b) | 10 | 930 | ||||||
| 2,202 | ||||||||
| AUTOMOBILES & COMPONENTS – 2.1% | ||||||||
| Bayerische Motoren Werke AG (Germany) | 25 | 1,652 | ||||||
| 17,512 | ||||||||
| INDUSTRIALS – 16.9% | ||||||||
| CAPITAL GOODS – 13.5% | ||||||||
| Sunbelt Rentals Holdings, Inc. (United States) | 35 | 2,603 | ||||||
| CNH Industrial NV (United States) | 181 | 2,029 | ||||||
| Daimler Truck Holding AG (Germany) | 40 | 1,939 | ||||||
| Airbus SE (France) | 9 | 1,907 | ||||||
| SMC Corp. (Japan) | 4 | 1,578 | ||||||
| Metso OYJ (Finland) | 18 | 315 | ||||||
| AerCap Holdings NV (Ireland) | 2 | 232 | ||||||
| 10,603 | ||||||||
| TRANSPORTATION – 3.4% | ||||||||
| DSV AS (Denmark) | 9 | 2,040 | ||||||
| Ryanair Holdings PLC ADR (Ireland) (b) | 10 | 659 | ||||||
| 2,699 | ||||||||
| 13,302 | ||||||||
| CONSUMER STAPLES – 14.6% | ||||||||
| FOOD, BEVERAGE & TOBACCO – 8.8% | ||||||||
| Danone SA (France) | 22 | 1,797 | ||||||
| Pernod Ricard SA (France) | 22 | 1,602 | ||||||
| Fomento Economico Mexicano SAB de CV ADR (Mexico) (b) | 12 | 1,577 | ||||||
| Asahi Group Holdings Ltd. (Japan) | 149 | 1,416 | ||||||
| Mondelez International, Inc., Class A (United States) | 9 | 536 | ||||||
| 6,928 | ||||||||
| HOUSEHOLD & PERSONAL PRODUCTS – 5.8% | ||||||||
| Unilever PLC (United Kingdom) | 39 | 2,345 | ||||||
| Reckitt Benckiser Group PLC (United Kingdom) | 34 | 2,244 | ||||||
| 4,589 | ||||||||
| 11,517 | ||||||||
| FINANCIALS – 14.3% | ||||||||
| BANKS – 7.0% | ||||||||
| BNP Paribas SA (France) | 28 | 3,224 | ||||||
| KB Financial Group, Inc. (South Korea) | 15 | 1,549 | ||||||
| Bank Mandiri Persero Tbk. PT (Indonesia) | 3,566 | 768 | ||||||
| 5,541 | ||||||||
| INSURANCE – 6.7% | ||||||||
| ASR Nederland NV (Netherlands) | 23 | 1,731 | ||||||
| Allianz SE (Germany) | 3 | 1,656 | ||||||
| Prudential PLC (United Kingdom) | 105 | 1,393 | ||||||
| Reinsurance Group of America, Inc. (United States) | 2 | 481 | ||||||
| 5,261 | ||||||||
| FINANCIAL SERVICES – 0.6% | ||||||||
| Julius Baer Group Ltd. (Switzerland) | 6 | 478 | ||||||
| 11,280 | ||||||||
| INFORMATION TECHNOLOGY – 10.4% | ||||||||
| SOFTWARE & SERVICES – 7.5% | ||||||||
| SAP SE (Germany) | 15 | 2,299 | ||||||
| Dassault Systemes SE (France) | 78 | 1,594 | ||||||
| Fujitsu Ltd. (Japan) | 60 | 1,196 | ||||||
| Capgemini SE (France) | 8 | 825 | ||||||
| 5,914 | ||||||||
| TECHNOLOGY HARDWARE & EQUIPMENT – 2.9% | ||||||||
| Hexagon AB, Class B (Sweden) | 225 | 1,862 | ||||||
| TE Connectivity PLC (Ireland) | 2 | 389 | ||||||
| 2,251 | ||||||||
| 8,165 | ||||||||
| HEALTH CARE – 8.5% | ||||||||
| PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 4.7% | ||||||||
| Bayer AG (Germany) | 41 | 2,248 | ||||||
| AstraZeneca PLC (United Kingdom) | 8 | 1,465 | ||||||
| 3,713 | ||||||||
| HEALTH CARE EQUIPMENT & SERVICES – 3.8% | ||||||||
| Fresenius SE & Co. KGaA (Germany) | 33 | 1,501 | ||||||
| Siemens Healthineers AG (Germany) | 38 | 1,489 | ||||||
| 2,990 | ||||||||
| 6,703 | ||||||||
| MATERIALS – 7.5% | ||||||||
| Symrise AG (Germany) | 26 | 2,657 | ||||||
| Akzo Nobel NV (Netherlands) | 27 | 1,797 | ||||||
OAKMARK FUNDS
Oakmark International Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
| Shares | Value | |||||||
| COMMON STOCKS – 96.6% (cont.) | ||||||||
| MATERIALS – 7.5% (cont.) | ||||||||
| Glencore PLC (Switzerland) | 220 | $ | 1,503 | |||||
| 5,957 | ||||||||
| COMMUNICATION SERVICES – 2.2% | ||||||||
| MEDIA & ENTERTAINMENT – 2.2% | ||||||||
| Publicis Groupe SA (France) | 18 | 1,737 | ||||||
| TOTAL COMMON STOCKS – 96.6% | ||||||||
| (Cost $77,842) | 76,173 | |||||||
| PREFERRED STOCKS – 2.2% | ||||||||
| INFORMATION TECHNOLOGY – 2.2% | ||||||||
| TECHNOLOGY HARDWARE & EQUIPMENT – 2.2% | ||||||||
| Samsung Electronics Co. Ltd. (South Korea) | 13 | 1,729 | ||||||
| TOTAL PREFERRED STOCKS – 2.2% | ||||||||
| (Cost $721) | 1,729 | |||||||
| Par Value | Value | |||||||
| SHORT-TERM INVESTMENTS – 1.0% | ||||||||
| REPURCHASE AGREEMENT – 1.0% | ||||||||
| Fixed Income Clearing Corp. Repurchase Agreement, 3.62% dated 6/30/26 due 7/1/26, repurchase price $762, collateralized by a United States Treasury Note, 3.875% due 12/31/27, value plus accrued interest of $777 (Cost: $762) | $ | 762 | 762 | |||||
| TOTAL SHORT-TERM INVESTMENTS – 1.0% | ||||||||
| (Cost $762) | 762 | |||||||
| TOTAL INVESTMENTS – 99.8% (Cost $79,325) | 78,664 | |||||||
| Foreign Currencies (Cost $1) – 0.0% (c) | 1 | |||||||
| Other Assets In Excess of Liabilities – 0.2% | 135 | |||||||
| TOTAL NET ASSETS – 100.0% | $ | 78,800 | ||||||
| (a) | Non-income producing security. |
| (b) | Sponsored American Depositary Receipt |
| (c) | Amount rounds to less than 0.1%. |
Oakmark.com
OAKMARK INTERNATIONAL LARGE CAP ETF Global Diversification —June 30, 2026 (Unaudited) |
| % of Equity Investments | ||||||||||
| Europe | 76.7 | % | ||||||||
| France | 23.7 | % | ||||||||
| Germany | 23.6 | % | ||||||||
| United Kingdom | 12.9 | % | ||||||||
| Switzerland | 4.9 | % | ||||||||
| Netherlands | 4.5 | % | ||||||||
| Denmark | 2.6 | % | ||||||||
| Sweden | 2.4 | % | ||||||||
| Ireland | 1.7 | % | ||||||||
| Finland | 0.4 | % | ||||||||
| Asia | 13.4 | % | ||||||||
| South Korea | 5.8 | % | ||||||||
| Japan | 5.4 | % | ||||||||
| China | 1.2 | % | ||||||||
| Indonesia | 1.0 | % | ||||||||
| North America | 7.9 | % | ||||||||
| United States | 7.9 | % | ||||||||
| Latin America | 2.0 | % | ||||||||
| Mexico | 2.0 | % | ||||||||
| 100.0 | % | |||||||||
Oakmark International Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
Fair value measurement
Various inputs are used in determining the value of the 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, 2026, in valuing the Fund’s assets and liabilities.
| (in thousands) | Quoted
Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | |||||||||
| Common Stocks | $ | 76,173 | $ | 0 | $ | 0 | ||||||
| Preferred Stocks | 1,729 | 0 | 0 | |||||||||
| Short-Term Investments | 0 | 762 | 0 | |||||||||
| Total | $ | 77,902 | $ | 762 | $ | 0 | ||||||
OAKMARK FUNDS
Oakmark U.S. Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
| Shares | Value | |||||||
| COMMON STOCKS – 99.3% | ||||||||
| FINANCIALS – 37.7% | ||||||||
| FINANCIAL SERVICES – 19.7% | ||||||||
| State Street Corp. | 239 | $ | 40,493 | |||||
| Capital One Financial Corp. | 186 | 37,292 | ||||||
| Fiserv, Inc. (a) | 630 | 30,922 | ||||||
| Charles Schwab Corp. | 333 | 30,691 | ||||||
| Intercontinental Exchange, Inc. | 240 | 29,571 | ||||||
| Global Payments, Inc. | 374 | 27,111 | ||||||
| Corebridge Financial, Inc. | 374 | 10,705 | ||||||
| 206,785 | ||||||||
| BANKS – 12.0% | ||||||||
| Citigroup, Inc. | 306 | 42,836 | ||||||
| Bank of America Corp. | 630 | 35,873 | ||||||
| First Citizens BancShares, Inc., Class A | 12 | 24,716 | ||||||
| Wells Fargo & Co. | 270 | 22,350 | ||||||
| 125,775 | ||||||||
| INSURANCE – 6.0% | ||||||||
| Willis Towers Watson PLC | 125 | 32,652 | ||||||
| American International Group, Inc. | 400 | 29,846 | ||||||
| 62,498 | ||||||||
| 395,058 | ||||||||
| HEALTH CARE – 13.5% | ||||||||
| HEALTH CARE EQUIPMENT & SERVICES – 7.9% | ||||||||
| Elevance Health, Inc. | 92 | 35,429 | ||||||
| Zimmer Biomet Holdings, Inc. | 303 | 26,093 | ||||||
| GE HealthCare Technologies, Inc. | 322 | 20,579 | ||||||
| 82,101 | ||||||||
| PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES – 5.6% | ||||||||
| Merck & Co., Inc. | 273 | 35,113 | ||||||
| IQVIA Holdings, Inc. (a) | 124 | 23,890 | ||||||
| 59,003 | ||||||||
| 141,104 | ||||||||
| INDUSTRIALS – 11.0% | ||||||||
| TRANSPORTATION – 6.8% | ||||||||
| Delta Air Lines, Inc. | 435 | 40,738 | ||||||
| Union Pacific Corp. | 112 | 30,410 | ||||||
| 71,148 | ||||||||
| CAPITAL GOODS – 2.2% | ||||||||
| AerCap Holdings NV | 161 | 23,447 | ||||||
| COMMERCIAL & PROFESSIONAL SERVICES – 2.0% | ||||||||
| Equifax, Inc. | 133 | 21,066 | ||||||
| 115,661 | ||||||||
| CONSUMER DISCRETIONARY – 9.0% | ||||||||
| CONSUMER SERVICES – 3.5% | ||||||||
| Airbnb, Inc., Class A (a) | 254 | 36,349 | ||||||
| AUTOMOBILES & COMPONENTS – 2.3% | ||||||||
| General Motors Co. | 306 | 23,557 | ||||||
| CONSUMER DURABLES & APPAREL – 1.6% | ||||||||
| NIKE, Inc., Class B | 420 | 17,230 | ||||||
| CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL – 1.6% | ||||||||
| Amazon.com, Inc. (a) | 71 | 16,965 | ||||||
| 94,101 | ||||||||
| ENERGY – 8.0% | ||||||||
| Targa Resources Corp. | 147 | 39,545 | ||||||
| ConocoPhillips | 268 | 27,833 | ||||||
| Phillips 66 | 95 | 16,008 | ||||||
| 83,386 | ||||||||
| INFORMATION TECHNOLOGY – 5.8% | ||||||||
| SOFTWARE & SERVICES – 5.8% | ||||||||
| Salesforce, Inc. | 203 | 31,754 | ||||||
| Adobe, Inc. (a) | 74 | 15,091 | ||||||
| Accenture PLC, Class A | 114 | 14,242 | ||||||
| 61,087 | ||||||||
| CONSUMER STAPLES – 5.4% | ||||||||
| FOOD, BEVERAGE & TOBACCO – 5.4% | ||||||||
| Keurig Dr. Pepper, Inc. | 1,281 | 41,916 | ||||||
| Constellation Brands, Inc., Class A | 107 | 14,849 | ||||||
| 56,765 | ||||||||
| MATERIALS – 5.3% | ||||||||
| Corteva, Inc. | 436 | 36,903 | ||||||
| Amrize Ltd. | 350 | 18,642 | ||||||
| 55,545 | ||||||||
| COMMUNICATION SERVICES – 3.6% | ||||||||
| MEDIA & ENTERTAINMENT – 3.6% | ||||||||
| Alphabet, Inc., Class C | 43 | 15,027 | ||||||
| Netflix, Inc. (a) | 208 | 14,846 | ||||||
| Alphabet, Inc., Class A | 22 | 7,744 | ||||||
| 37,617 | ||||||||
| TOTAL COMMON STOCKS – 99.3% | ||||||||
| (Cost $1,046,463) | 1,040,324 | |||||||
OAKMARK FUNDS
Oakmark U.S. Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
| Par Value | Value | |||||||
| SHORT-TERM INVESTMENTS – 0.6% | ||||||||
| REPURCHASE AGREEMENT – 0.6% | ||||||||
| Fixed Income Clearing Corp. Repurchase Agreement, 3.62% dated 6/30/26 due 7/1/26, repurchase price $6,318, collateralized by a United States Treasury Note, 3.875% due 12/31/27, value plus accrued interest of $6,444 (Cost: $6,317) | $ | 6,317 | $ | 6,317 | ||||
| TOTAL SHORT-TERM INVESTMENTS – 0.6% | ||||||||
| (Cost $6,317) | 6,317 | |||||||
| TOTAL INVESTMENTS – 99.9% (Cost $1,052,780) | 1,046,641 | |||||||
| Other Assets In Excess of Liabilities – 0.1% | 863 | |||||||
| TOTAL NET ASSETS – 100.0% | $ | 1,047,504 | ||||||
| (a) | Non-income producing security. |
Oakmark.com
Oakmark U.S. Large Cap ETF Schedule of Investments (in thousands) |
June 30, 2026 (Unaudited) |
Fair value measurement
Various inputs are used in determining the value of the 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, 2026, in valuing the Fund’s assets and liabilities.
| (in thousands) | Quoted
Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | |||||||||
| Common Stocks | $ | 1,040,324 | $ | 0 | $ | 0 | ||||||
| Short-Term Investments | 0 | 6,317 | 0 | |||||||||
| Total | $ | 1,040,324 | $ | 6,317 | $ | 0 | ||||||
OAKMARK FUNDS