Bill Nasgovitz
Chairman and Portfolio Manager at Heartland Advisors Inc.
About
Bill Nasgovitz is Chairman and Portfolio Manager at Heartland Advisors, Inc., based in Milwaukee, Wisconsin. As the founder of Heartland Advisors, he leads the investment team and directly manages the Heartland Value Fund, with a primary focus on small-cap and micro-cap value equities. His disciplined approach centers on Heartland’s proprietary 10 Principles of Value Investing™, which guide the evaluation and selection of portfolio holdings.
With over five decades in the investment industry, Nasgovitz is a recognized authority in value investing for small-cap and micro-cap stocks. His leadership has earned the Heartland Value Fund longstanding recognition for its resilience across multiple market cycles, including accolades from Forbes and InvestmentNews for long-term performance and loss mitigation.
Nasgovitz began his career as a broker at Dean Witter Reynolds before becoming part owner at Dain Bosworth/The Milwaukee Company, later founding Heartland Advisors in 1983. He holds a Bachelor of Arts in Business from the University of Wisconsin-Madison and is frequently cited in leading industry publications such as The New York Times, The Wall Street Journal, and Barron’s. He has also been recognized for his contributions to financial education and his commitment to continuous improvement in investment management.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Heartland Advisors, Inc. | Chairman and Portfolio Manager | Jan 1984 to Present | As Chairman and CIO for the Firm, broad responsibility for overseeing our three funds and four separately managed account strategies. Specific responsibility as Portfolio Manager of the Heartland Valu... |
| Dain Bosworth/The Milwaukee Company | Part Owner | Jan 1978 to Jan 1988 | — |
| Dean Witter Reynolds | Broker | Jan 1968 to Jan 1978 | — |
Education
University of Wisconsin-Madison
Bachelor of Arts (B.A.), Business
1962 — 1967
Skills & Expertise
Others at Heartland Advisors Inc. (7)
| Name | Role | Location |
|---|---|---|
B Brad Evans | Portfolio Manager | Milwaukee, WI , United States |
C Colin McWey | Portfolio Manager | Milwaukee, WI , United States |
| Senior Vice President - Equity Trading | Milwaukee, WI , United States | |
M Michael Warecki | Associate Portfolio Manager | Milwaukee, WI , United States |
T Troy McGlone | Vice President and Portfolio Manager | Milwaukee, WI , United States |
L Lauren Johnson | Research Analyst | Milwaukee, WI , United States |
| CEO and Portfolio Manager | Milwaukee, WI , United States |