Here’s Why Oakmark Funds Established a Position in Coupang (CPNG)

3 hours ago 2

Soumya Eswaran

Tue, April 14, 2026 astatine 8:37 AM CDT 3 min read

Oakmark Funds, advised by Harris Associates, released its “Oakmark International Fund” first-quarter 2026 capitalist letter. It is simply a diversified money that focuses connected semipermanent superior appreciation by investing successful communal stocks of non-U.S. companies, mostly successful the mid and large-cap spectrum. A transcript of the missive tin beryllium downloaded here. In the archetypal quarter, the money (Investor Class) delivered a instrumentality of -6.43%, trailing the benchmark, the MSCI World ex USA Index’s -0.94% return. Industrials and materials were the apical show contributors astatine the assemblage level, portion the user discretionary and accusation exertion were the largest detractors. In addition, you tin cheque the Fund’s apical 5 holdings to find its champion picks for 2026.

In its first-quarter 2026 capitalist letter, Oakmark International Fund highlighted Coupang, Inc. (NYSE:CPNG) arsenic a recently established position. Coupang, Inc. (NYSE:CPNG) is simply a Korean exertion and e-commerce level that operates done Product Commerce and Developing Offerings segments. On April 13, 2026, Coupang, Inc. (NYSE:CPNG) banal closed astatine $20.15 per share. One-month instrumentality of Coupang, Inc. (NYSE:CPNG) was -1.51%, and its shares mislaid 4.63% implicit the past 52 weeks. Coupang, Inc. (NYSE:CPNG) has a marketplace capitalization of $36.84 billion.

Oakmark International Fund stated the pursuing regarding Coupang, Inc. (NYSE:CPNG) successful its Q1 2026 capitalist letter:

"Coupang, Inc. (NYSE:CPNG) is the starring e-commerce institution successful South Korea, often compared to Amazon for its wide merchandise selection, beardown lawsuit service, and champion successful people logistics network. Founded successful 2010, the institution has built its estimation astir its "Rocket WOW" system, which offers same-day oregon next-day shipping connected millions of items. What differentiates this work is Coupang's profoundly vertically integrated logistics model. Rather than relying chiefly connected third-party sellers and carriers, the institution owns and operates its fulfillment centers, manages inventory directly, and controls last-mile transportation done its ain network. We judge this vantage positions it good to seizure marketplace stock and grow margins implicit the agelong term. Despite Coupang's e-commerce dominance, its stock terms has fallen importantly since past November aft a cyber breach. We proceed to show the fallout from the cyber incidental but judge this has fixed america an accidental to put successful a high-quality institution astatine an charismatic valuation."

Josh Brown’s New Best Stock Idea: a South Korean Ecommerce Company

Coupang, Inc. (NYSE:CPNG) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 94 hedge money portfolios held Coupang, Inc. (NYSE:CPNG) astatine the extremity of the 4th quarter, up from 83 successful the erstwhile quarter. While we admit the imaginable of Coupang, Inc. (NYSE:CPNG) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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