Oakmark Global Fund, advised by Harris Associates, released its second quarter 2025 investor letter, noting underperformance against the MSCI World Index (net). Industrials and financials were top contributors, while health care and energy detracted. The fund highlighted BNP Paribas SA (OTC:BNPQY), a financial services company with a 2.48% one-month return and 31.83% 52-week share value gain.

In the investor letter, Oakmark Global Fund praised BNP Paribas SA (OTC:BNPQY) as one of the world’s largest banks, with a best-in-class deposit franchise and strong fundamental results. Despite trading at a discount due to French macro concerns, the bank is seen as well-managed with significant upside potential. BNP Paribas SA (OTC:BNPQY) is not among the 30 Most Popular Stocks Among Hedge Funds.

BNP Paribas SA (OTC:BNPQY) is not listed among the 30 Most Popular Stocks Among Hedge Funds, but Oakmark Global Fund views it as a valuable investment with meaningful upside potential. For more investor letters and insights from hedge funds and leading investors, visit the hedge fund investor letters Q2 2025 page.

Read more at Yahoo Finance: Oakmark Global Fund Added BNP Paribas SA (BNPQY) on a Dip