Stephen Yacktman Yacktman Asset Management
Stephen Yacktman is a senior portfolio manager at Yacktman Asset Management, continuing a value-oriented tradition associated with the Yacktman name. The firm is known for focusing on high-quality businesses purchased at sensible prices and for a long-term ownership mindset. Its funds and separate accounts are widely followed in the U.S. value community.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
eBay
EBAY
|
+$359M |
| 2 |
PepsiCo
PEP
|
+$329M |
| 3 |
Cisco
CSCO
|
+$270M |
| 4 |
Coca-Cola
KO
|
+$135M |
| 5 |
Oracle
ORCL
|
+$119M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$290M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$283M |
| 3 |
BCR
CR Bard Inc.
BCR
|
+$279M |
| 4 |
News Corp Class A
NWSA
|
+$170M |
| 5 |
Microsoft
MSFT
|
+$55.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 36.89% |
| 2 | Technology | 17.57% |
| 3 | Healthcare | 15.57% |
| 4 | Communication Services | 12.65% |
| 5 | Financials | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Wells Fargo
WFC
$254B
| $217M | 0.89% |
4,787,309
+2,641
| +0.1% | +$114K |
|
|
APOL
27
DELISTED
Apollo Education Group Inc Class A
APOL
| $204M | 0.84% |
7,459,620
-143,510
| -2% | -$3.56M |
|
28
Becton Dickinson
BDX
$52.3B
| $194M | 0.79% |
1,796,528
-6,393
| -0.4% | -$663K |
|
29
State Street
STT
$51.4B
| $164M | 0.67% |
2,236,200
-700
| -0% | -$49K |
|
30
HP
HPQ
$27.2B
| $164M | 0.67% |
12,895,447
-91,550
| -0.7% | -$1.05M |
|
|
PDCO
31
DELISTED
Patterson Companies, Inc.
PDCO
| $125M | 0.51% |
3,034,000
+4,500
| +0.1% | +$187K |
|
|
COV
32
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $122M | 0.5% |
1,790,375
-5,600
| -0.3% | -$364K |
|
33
Goldman Sachs
GS
$303B
| $116M | 0.48% |
657,200
-200
| -0% | -$33K |
|
34
Colgate-Palmolive
CL
$72.6B
| $99.8M | 0.41% |
1,530,000
+5,000
| +0.3% | +$320K |
|
35
Bank of America
BAC
$431B
| $88.6M | 0.36% |
5,690,000
-5,000
| -0.1% | -$74.2K |
|
|
QVCGA
36
DELISTED
QVC Group Inc Series A
QVCGA
| $86.3M | 0.35% |
71,618
-55
| -0.1% | -$61.2K |
|
37
Intel
INTC
$476B
| $68.1M | 0.28% |
2,625,000
| – | – |
|
|
MZTI
38
The Marzetti Company
MZTI
$3.06B
| $46.3M | 0.19% |
525,000
| – | – |
|
|
39
News Corp Class A
NWSA
$16.4B
| $45.4M | 0.19% |
2,520,074
-9,835,727
| -80% | -$170M |
|
40
BlackBerry
BB
$4.71B
| $43.8M | 0.18% |
5,883,446
-21,632
| -0.4% | -$153K |
|
|
SPLS
41
DELISTED
Staples Inc
SPLS
| $36.2M | 0.15% |
2,280,000
| – | – |
|
42
Northern Trust
NTRS
$33.6B
| $34.5M | 0.14% |
556,800
-400
| -0.1% | -$22.9K |
|
|
TFCF
43
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $18.4M | 0.08% |
532,000
+106,000
| +25% | +$3.53M |
|
|
REXI
44
DELISTED
RESOURCE AMERICA INC CL-A
REXI
| $14.1M | 0.06% |
1,509,476
| – | – |
|
45
The Bancorp
TBBK
$2.74B
| $9.49M | 0.04% |
529,745
-284,697
| -35% | -$4.98M |
|
46
Berkshire Hathaway Class A
BRK.A
$1.06T
| $5.34M | 0.02% |
30
| – | – |
|
47
Philip Morris
PM
$293B
| $3.37M | 0.01% |
38,689
| – | – |
|
|
48
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.91M | 0.01% |
16,079
| – | – |
|
49
Altria Group
MO
$110B
| $1.36M | 0.01% |
35,400
| – | – |
|
50
News Corp Class B
NWS
$18.7B
| $597K | ﹤0.01% |
33,500
-73,000
| -69% | -$1.27M |
|
Similar funds
Stephen Yacktman's Q4 2013 Portfolio in Review
As of Q4 2013, Stephen Yacktman held 54 positions worth $24.4B, up 8.7% from $22.4B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Stephen Yacktman's Q4 2013 filing shows 1 new, 14 increased, 28 reduced and 3 closed positions. Its largest new stake was State Street SPDR S&P 500 ETF Trust: 1,870 shares worth $345K. The largest sale was DELL INC, an estimated $290M.
By sector, the portfolio is most concentrated in Consumer Staples at 37% of assets, up from 35% a quarter earlier, followed by Technology and Healthcare.
- Stephen Yacktman's largest Q4 2013 buy was State Street SPDR S&P 500 ETF Trust: 1,870 shares worth $345K.
- Stephen Yacktman added most to eBay in Q4 2013, an estimated $359M increase.
- Stephen Yacktman's biggest Q4 2013 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $283M.
- Stephen Yacktman fully exited DELL INC in Q4 2013, selling an estimated $290M.
- Stephen Yacktman's ten largest holdings make up 64% of its $24.4B portfolio in Q4 2013.
- Stephen Yacktman opened 1 new position and closed 3 in Q4 2013.
- Stephen Yacktman's portfolio value rose 8.7% quarter-over-quarter to $24.4B.
Based on Yacktman Asset Management's 13F filing for Q4 2013, filed 31 Jan 2014.