During the third quarter of 2025, the Oakmark Global Strategy made significant adjustments to its investment portfolio, introducing several prominent companies across diverse sectors. These strategic additions reflect a focused approach on enterprises demonstrating strong market positions, innovative technologies, and robust service offerings. The newly integrated holdings include leading names in sportswear, advanced sensor and software solutions, virtual twin technology, business productivity software, and insurance and human resources services, aiming to enhance the portfolio's diversification and growth potential.
One of the notable new entries is Adidas (OTCQX:ADDYY), a globally recognized brand renowned for its athletic footwear, apparel, and equipment. As an iconic sportswear company, Adidas continues to command a substantial presence in the global market, driven by its strong brand appeal and continuous product innovation. The company's focus on athletic performance and lifestyle products positions it well within the consumer discretionary sector, appealing to a broad customer base.
Another key addition is Hexagon (OTCQX:HXGBF), which specializes in advanced sensor and software solutions. Hexagon's technology enables businesses across various industries to precisely measure, analyze, and act upon physical world data. Their offerings are crucial for improving efficiency and decision-making in sectors such as manufacturing, infrastructure, and geospatial applications. This investment highlights a belief in the growing importance of data-driven insights and digital transformation.
Dassault Syst\u00e8mes (OTCQX:DASTY), a French software innovator, also joined the portfolio. Dassault Syst\u00e8mes is at the forefront of virtual twin technology, providing sophisticated software that allows clients to simulate and test real-world products and systems in a digital environment. This capability is invaluable for design, engineering, and scientific research, fostering innovation and reducing development cycles for its users. The inclusion of Dassault Syst\u00e8mes underscores a commitment to companies shaping the future of industrial and scientific collaboration through advanced software.
Salesforce (NYSE:CRM), a leading technology firm, was also integrated into the strategy. Salesforce offers a comprehensive suite of cloud-based software products designed to provide businesses with a full front office productivity solution. Its customer relationship management (CRM) platform and other enterprise applications are critical for sales, service, marketing, and analytics, making it an indispensable tool for modern enterprises striving for operational excellence and customer engagement.
Finally, Willis Towers Watson (NASDAQ:WTW), a prominent insurance broker and HR services firm, was added to the portfolio. Willis Towers Watson provides a broad range of services, including risk management, insurance brokerage, and human capital consulting. The firm plays a vital role in helping organizations manage complex risks and optimize their workforce strategies, demonstrating resilience and importance in the global business landscape. This addition reflects an appreciation for essential services that underpin corporate stability and growth.
These strategic investments in Adidas, Hexagon, Dassault Syst\u00e8mes, Salesforce, and Willis Towers Watson underscore a belief in companies that are leaders in their respective fields, possess strong competitive advantages, and are poised for long-term value creation. The portfolio is now more diversified across global markets and technological innovation, aligning with the objective of identifying businesses trading at a significant discount to their intrinsic value while maintaining high-quality management.