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 |
U-Haul Holding Co
UHAL
|
+$31.5M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$14.1M |
| 3 |
Procter & Gamble
PG
|
+$7.93M |
| 4 |
PepsiCo
PEP
|
+$4.77M |
| 5 |
Colgate-Palmolive
CL
|
+$1.47M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$952M |
| 2 |
Cisco
CSCO
|
+$267M |
| 3 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$259M |
| 4 |
Sysco
SYY
|
+$212M |
| 5 |
Microsoft
MSFT
|
+$129M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 38.86% |
| 2 | Technology | 19.76% |
| 3 | Communication Services | 18.12% |
| 4 | Healthcare | 10.25% |
| 5 | Financials | 8.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Berkshire Hathaway Class B
BRK.B
$1.06T
| $17.9M | 0.22% |
95,665
+72,498
| +313% | +$14.1M |
|
|
UN
27
DELISTED
Unilever NV New York Registry Shares
UN
| $15.1M | 0.19% |
270,517
-811,672
| -75% | -$45.4M |
|
28
Clorox
CLX
$12.9B
| $8.98M | 0.11% |
66,403
+3,279
| +5% | +$405K |
|
|
29
Berkshire Hathaway Class A
BRK.A
$1.06T
| $8.46M | 0.11% |
30
| – | – |
|
30
Stryker
SYK
$126B
| $7.13M | 0.09% |
42,246
-339,964
| -89% | -$57.2M |
|
31
America's Car Mart
CRMT
$20.6M
| $3.17M | 0.04% |
51,150
-285,778
| -85% | -$16.5M |
|
32
Philip Morris
PM
$293B
| $2.26M | 0.03% |
28,001
| – | – |
|
33
Reading International Class A
RDI
$42.3M
| $1.75M | 0.02% |
110,000
+5,590
| +5% | +$89K |
|
34
Altria Group
MO
$110B
| $1.42M | 0.02% |
25,000
| – | – |
|
35
Hershey
HSY
$37.5B
| $884K | 0.01% |
+9,500
| New | +$886K |
|
|
OTEL
36
DELISTED
Otelco, Inc. Class A
OTEL
| $509K | 0.01% |
34,031
| – | – |
|
37
C.H. Robinson
CHRW
$16.5B
| $326K | ﹤0.01% |
3,900
-541,000
| -99% | -$48.3M |
|
38
AbbVie
ABBV
$468B
| $259K | ﹤0.01% |
2,800
| – | – |
|
39
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $205K | ﹤0.01% |
755
-1,482
| -66% | -$400K |
|
40
Bank of America
BAC
$431B
| – | – |
-865,000
| Closed | -$25.9M |
|
41
Hewlett Packard
HPE
$70.8B
| – | – |
-1,957,530
| Closed | -$34.3M |
|
42
HP
HPQ
$27.2B
| – | – |
-1,847,815
| Closed | -$40.5M |
|
43
3M
MMM
$92.3B
| – | – |
-1,196
| Closed | -$220K |
|
|
VIAB
44
DELISTED
Viacom Inc. Class B
VIAB
| – | – |
-34,150
| Closed | -$1.06M |
|
|
MFGP
45
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| – | – |
-221,660
| Closed | -$3.77M |
|
|
ESRX
46
DELISTED
Express Scripts Holding Company
ESRX
| – | – |
-15,200
| Closed | -$1.05M |
|
Similar funds
Stephen Yacktman's Q2 2018 Portfolio in Review
As of Q2 2018, Stephen Yacktman held 46 positions worth $8.05B, down 17% from $9.72B the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Stephen Yacktman withdrew a net $2.18B in Q2 2018, closing 7 positions and reducing 24 holdings. Its most notable exit was HP, an estimated $40.5M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 39% of assets, up from 35% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Stephen Yacktman opened a new position in Hershey worth $884K.
- Stephen Yacktman's largest Q2 2018 buy was Hershey: 9,500 shares worth $884K.
- Stephen Yacktman added most to U-Haul Holding Co in Q2 2018, an estimated $31.5M increase.
- Stephen Yacktman's biggest Q2 2018 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $952M.
- Stephen Yacktman fully exited HP in Q2 2018, selling an estimated $40.5M.
- Stephen Yacktman's ten largest holdings make up 79% of its $8.05B portfolio in Q2 2018.
- Stephen Yacktman opened 1 new position and closed 7 in Q2 2018.
- Stephen Yacktman's portfolio value fell 17% quarter-over-quarter to $8.05B.
Based on Yacktman Asset Management's 13F filing for Q2 2018, filed 3 Aug 2018.