Will Nasgovitz

Will Nasgovitz is CEO and Portfolio Manager at Heartland Advisors, Inc., based in Milwaukee, Wisconsin, where he leads the firm’s investment strategy and oversees the management of the Heartland Funds. He is the Portfolio Manager for the Mid Cap Value Fund and Value Fund, as well as their associated mid-cap and small-cap value strategies, reflecting a deep focus on value investing and equity selection within small and mid-cap U.S. stocks. His key responsibilities also include serving as President and Director of Heartland Funds and communicating the firm's market perspectives to national financial media.

Nasgovitz’s primary expertise lies in value investing across the small-cap and mid-cap equity space, seeking undervalued companies—recent commentary highlights specific interest in sectors such as trucking and beneficiaries of AI-driven power demand. He implements Heartland’s proprietary 10 Principles of Value Investing™ to identify overlooked opportunities and emphasizes valuation discipline, fundamental research, and portfolio diversification.

Prior to joining Heartland Advisors in 2003, Nasgovitz served as a Senior Research Associate at Cambridge Associates and interned with the State of Wisconsin Investment Board. He holds a bachelor’s degree in business with a concentration in finance from the University of Wisconsin-Madison. As CEO, he has played a key role in refining Heartland's portfolio management process, and he is frequently featured in financial media for his contributions to value investing.