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 |
Oracle
ORCL
|
+$290M |
| 2 |
UN
Unilever NV New York Registry Shares
UN
|
+$138M |
| 3 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$80.5M |
| 4 |
AVP
Avon Products, Inc.
AVP
|
+$46.3M |
| 5 |
VIAB
Viacom Inc. Class B
VIAB
|
+$1.19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$321M |
| 2 |
Microsoft
MSFT
|
+$293M |
| 3 |
PepsiCo
PEP
|
+$213M |
| 4 |
Stryker
SYK
|
+$201M |
| 5 |
Clorox
CLX
|
+$152M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 38.71% |
| 2 | Technology | 19.3% |
| 3 | Communication Services | 13.03% |
| 4 | Healthcare | 12.09% |
| 5 | Financials | 5.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
State Street
STT
$51.4B
| $175M | 0.72% |
2,224,500
| – | – |
|
27
Wells Fargo
WFC
$254B
| $153M | 0.63% |
2,790,575
-15,150
| -0.5% | -$802K |
|
|
UN
28
DELISTED
Unilever NV New York Registry Shares
UN
| $138M | 0.57% |
+3,533,658
| New | +$138M |
|
29
HP
HPQ
$27.2B
| $134M | 0.55% |
7,338,110
-49,972
| -0.7% | -$837K |
|
|
PDCO
30
DELISTED
Patterson Companies, Inc.
PDCO
| $115M | 0.48% |
2,385,000
-662,000
| -22% | -$29.8M |
|
31
Colgate-Palmolive
CL
$72.6B
| $107M | 0.44% |
1,540,000
| – | – |
|
32
Corning
GLW
$129B
| $103M | 0.43% |
4,471,132
-30,775
| -0.7% | -$627K |
|
33
Intel
INTC
$476B
| $96.2M | 0.4% |
2,650,000
+10,000
| +0.4% | +$348K |
|
|
QVCGA
34
DELISTED
QVC Group Inc Series A
QVCGA
| $85.4M | 0.35% |
59,767
-11,851
| -17% | -$15.6M |
|
35
Goldman Sachs
GS
$303B
| $77.1M | 0.32% |
398,000
-5,000
| -1% | -$940K |
|
|
APOL
36
DELISTED
Apollo Education Group Inc Class A
APOL
| $74.9M | 0.31% |
2,196,595
-216,364
| -9% | -$6.38M |
|
|
MZTI
37
The Marzetti Company
MZTI
$3.06B
| $49.6M | 0.21% |
530,000
+5,000
| +1% | +$454K |
|
|
SPLS
38
DELISTED
Staples Inc
SPLS
| $41.2M | 0.17% |
2,275,000
| – | – |
|
39
Berkshire Hathaway Class A
BRK.A
$1.06T
| $6.78M | 0.03% |
30
| – | – |
|
|
REXI
40
DELISTED
RESOURCE AMERICA INC CL-A
REXI
| $5.07M | 0.02% |
560,826
-411,350
| -42% | -$3.79M |
|
41
Philip Morris
PM
$293B
| $2.39M | 0.01% |
29,389
-300
| -1% | -$25.8K |
|
|
42
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.26M | 0.01% |
15,079
-1,000
| -6% | -$144K |
|
43
The Bancorp
TBBK
$2.74B
| $1.71M | 0.01% |
157,050
-4,000
| -2% | -$37.5K |
|
44
Altria Group
MO
$110B
| $1.3M | 0.01% |
26,400
| – | – |
|
45
America's Car Mart
CRMT
$20.6M
| $779K | ﹤0.01% |
14,600
-11,900
| -45% | -$560K |
|
46
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $762K | ﹤0.01% |
+3,705
| New | +$745K |
|
|
MOCO
47
DELISTED
Mocon Inc
MOCO
| $649K | ﹤0.01% |
36,364
-936
| -3% | -$15.1K |
|
48
Valmont Industries
VMI
$9.38B
| $502K | ﹤0.01% |
3,950
+300
| +8% | +$40K |
|
|
MSO
49
DELISTED
MARTHA STEWART LIVING OMNIMEDIA INC
MSO
| $237K | ﹤0.01% |
55,000
+11,000
| +25% | +$45.4K |
|
|
DWA
50
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $228K | ﹤0.01% |
10,200
+2,050
| +25% | +$46.3K |
|
Similar funds
Stephen Yacktman's Q4 2014 Portfolio in Review
As of Q4 2014, Stephen Yacktman held 53 positions worth $24.1B, up 0.68% from $24B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Stephen Yacktman withdrew a net $1.22B in Q4 2014, closing 2 positions and reducing 31 holdings. Its most notable exit was Becton Dickinson, an estimated $148M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 39% of assets, down from 39% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Stephen Yacktman opened a new position in Unilever NV New York Registry Shares worth $138M.
- Stephen Yacktman's largest Q4 2014 buy was Unilever NV New York Registry Shares: 3,533,658 shares worth $138M.
- Stephen Yacktman added most to Oracle in Q4 2014, an estimated $290M increase.
- Stephen Yacktman's biggest Q4 2014 reduction was CR Bard Inc., cutting an estimated $321M.
- Stephen Yacktman fully exited Becton Dickinson in Q4 2014, selling an estimated $148M.
- Stephen Yacktman's ten largest holdings make up 65% of its $24.1B portfolio in Q4 2014.
- Stephen Yacktman opened 2 new positions and closed 2 in Q4 2014.
- Stephen Yacktman's portfolio value rose 0.68% quarter-over-quarter to $24.1B.
Based on Yacktman Asset Management's 13F filing for Q4 2014, filed 2 Feb 2015.