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 |
Comcast
CMCSA
|
+$132M |
| 2 |
Hewlett Packard
HPE
|
+$40.4M |
| 3 |
America's Car Mart
CRMT
|
+$7.3M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636K |
| 5 |
RAVN
Raven Industries Inc
RAVN
|
+$17.4K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$458M |
| 2 |
PepsiCo
PEP
|
+$343M |
| 3 |
Microsoft
MSFT
|
+$220M |
| 4 |
Sysco
SYY
|
+$215M |
| 5 |
Coca-Cola
KO
|
+$211M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 41.03% |
| 2 | Technology | 19.71% |
| 3 | Communication Services | 16.54% |
| 4 | Healthcare | 10.22% |
| 5 | Financials | 6.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Colgate-Palmolive
CL
$72.6B
| $89.7M | 0.68% |
1,346,500
-117,500
| -8% | -$7.82M |
|
27
Intel
INTC
$476B
| $69.6M | 0.53% |
2,019,300
-347,700
| -15% | -$11.8M |
|
28
Corning
GLW
$129B
| $61.6M | 0.47% |
3,370,598
-82,668
| -2% | -$1.5M |
|
29
Goldman Sachs
GS
$303B
| $50.2M | 0.38% |
278,300
-2,700
| -1% | -$502K |
|
|
MZTI
30
The Marzetti Company
MZTI
$3.06B
| $47.6M | 0.36% |
412,500
-105,500
| -20% | -$11.6M |
|
31
Clorox
CLX
$12.9B
| $46.9M | 0.36% |
369,771
-300,618
| -45% | -$37.3M |
|
32
Bank of America
BAC
$431B
| $46.9M | 0.35% |
2,784,300
-1,495,700
| -35% | -$25.3M |
|
|
33
Hewlett Packard
HPE
$70.8B
| $42.6M | 0.32% |
+4,821,853
| New | +$40.4M |
|
34
HP
HPQ
$27.2B
| $33.2M | 0.25% |
2,802,425
-3,693,645
| -57% | -$47.3M |
|
|
SPLS
35
DELISTED
Staples Inc
SPLS
| $21.1M | 0.16% |
2,232,400
-22,600
| -1% | -$265K |
|
|
APOL
36
DELISTED
Apollo Education Group Inc Class A
APOL
| $16.3M | 0.12% |
2,123,569
-23,822
| -1% | -$197K |
|
|
37
America's Car Mart
CRMT
$20.6M
| $6.65M | 0.05% |
249,229
+230,029
| +1,198% | +$7.3M |
|
38
Berkshire Hathaway Class A
BRK.A
$1.06T
| $5.93M | 0.04% |
30
| – | – |
|
39
Philip Morris
PM
$293B
| $2.53M | 0.02% |
28,784
| – | – |
|
|
40
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.99M | 0.02% |
15,079
| – | – |
|
41
Altria Group
MO
$110B
| $1.51M | 0.01% |
25,900
| – | – |
|
42
The Bancorp
TBBK
$2.74B
| $694K | 0.01% |
109,000
-21,000
| -16% | -$153K |
|
|
43
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $631K | ﹤0.01% |
+3,095
| New | +$636K |
|
|
RAVN
44
DELISTED
Raven Industries Inc
RAVN
| $530K | ﹤0.01% |
34,000
+1,000
| +3% | +$17.4K |
|
|
MOCO
45
DELISTED
Mocon Inc
MOCO
| $494K | ﹤0.01% |
34,000
-7,700
| -18% | -$110K |
|
46
Valmont Industries
VMI
$9.38B
| $424K | ﹤0.01% |
4,000
| – | – |
|
47
Preformed Line Products
PLPC
$2.1B
| – | – |
-5,894
| Closed | -$219K |
|
48
PayPal
PYPL
$52.7B
| – | – |
-7,000
| Closed | -$217K |
|
|
SIAL
49
DELISTED
SIGMA - ALDRICH CORP
SIAL
| – | – |
-92,627
| Closed | -$12.9M |
|
|
CMCSK
50
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| – | – |
-3,110,350
| Closed | -$178M |
|
Similar funds
Stephen Yacktman's Q4 2015 Portfolio in Review
As of Q4 2015, Stephen Yacktman held 50 positions worth $13.2B, down 13% from $15.2B the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Stephen Yacktman withdrew a net $2.87B in Q4 2015, closing 4 positions and reducing 36 holdings. Its most notable exit was COMCAST CORP SPL A (NEW), an estimated $178M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 41% of assets, down from 42% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Stephen Yacktman opened a new position in Comcast worth $123M.
- Stephen Yacktman's largest Q4 2015 buy was Comcast: 4,375,900 shares worth $123M.
- Stephen Yacktman added most to America's Car Mart in Q4 2015, an estimated $7.3M increase.
- Stephen Yacktman's biggest Q4 2015 reduction was Procter & Gamble, cutting an estimated $458M.
- Stephen Yacktman fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $178M.
- Stephen Yacktman's ten largest holdings make up 75% of its $13.2B portfolio in Q4 2015.
- Stephen Yacktman opened 3 new positions and closed 4 in Q4 2015.
- Stephen Yacktman's portfolio value fell 13% quarter-over-quarter to $13.2B.
Based on Yacktman Asset Management's 13F filing for Q4 2015, filed 4 Feb 2016.