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 |
State Street
STT
|
+$104M |
| 2 |
Goldman Sachs
GS
|
+$46.3M |
| 3 |
Arcosa
ACA
|
+$22.7M |
| 4 |
Oracle
ORCL
|
+$20.1M |
| 5 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$14.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$288M |
| 2 |
Coca-Cola
KO
|
+$45.9M |
| 3 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$40.5M |
| 4 |
Microsoft
MSFT
|
+$34M |
| 5 |
Elevance Health
ELV
|
+$19.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 38.19% |
| 2 | Technology | 19.43% |
| 3 | Communication Services | 17.81% |
| 4 | Healthcare | 10.33% |
| 5 | Financials | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Berkshire Hathaway Class B
BRK.B
$1.06T
| $24.3M | 0.31% |
118,835
+2,878
| +2% | +$601K |
|
|
27
Arcosa
ACA
$7.12B
| $22.8M | 0.29% |
+824,515
| New | +$22.7M |
|
|
28
Berkshire Hathaway Class A
BRK.A
$1.06T
| $19.9M | 0.25% |
65
+35
| +117% | +$11M |
|
29
Micron Technology
MU
$1.09T
| $16.2M | 0.21% |
512,092
+254,579
| +99% | +$9.65M |
|
|
UN
30
DELISTED
Unilever NV New York Registry Shares
UN
| $14.5M | 0.19% |
270,122
+3,246
| +1% | +$177K |
|
31
Clorox
CLX
$12.9B
| $9.74M | 0.12% |
63,162
-1,562
| -2% | -$243K |
|
32
Stryker
SYK
$126B
| $6.17M | 0.08% |
39,338
+411
| +1% | +$68.7K |
|
33
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $3.15M | 0.04% |
12,603
+11,848
| +1,569% | +$3.19M |
|
34
Philip Morris
PM
$293B
| $1.74M | 0.02% |
26,001
-1,800
| -6% | -$150K |
|
35
Reading International Class A
RDI
$42.3M
| $1.6M | 0.02% |
110,000
| – | – |
|
36
Altria Group
MO
$110B
| $1.24M | 0.02% |
25,000
| – | – |
|
37
Hershey
HSY
$37.5B
| $1.02M | 0.01% |
9,500
| – | – |
|
38
GrafTech
EAF
$178M
| $961K | 0.01% |
8,400
+6,400
| +320% | +$977K |
|
|
OTEL
39
DELISTED
Otelco, Inc. Class A
OTEL
| $550K | 0.01% |
34,031
| – | – |
|
40
America's Car Mart
CRMT
$20.6M
| $435K | 0.01% |
6,000
-1,000
| -14% | -$73.5K |
|
41
C.H. Robinson
CHRW
$16.5B
| $328K | ﹤0.01% |
3,900
| – | – |
|
42
AbbVie
ABBV
$468B
| $258K | ﹤0.01% |
2,800
| – | – |
|
43
Abbott
ABT
$202B
| $203K | ﹤0.01% |
2,800
| – | – |
|
44
3M
MMM
$92.3B
| – | – |
-1,196
| Closed | -$211K |
|
Similar funds
Stephen Yacktman's Q4 2018 Portfolio in Review
As of Q4 2018, Stephen Yacktman held 44 positions worth $7.84B, down 6% from $8.34B the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Trading was light in Q4 2018: portfolio turnover was 4.5%. Stephen Yacktman opened 1 new position and exited 1, leaving the 44-position portfolio largely intact.
By sector, the portfolio is most concentrated in Consumer Staples at 38% of assets, down from 39% a quarter earlier, followed by Technology and Communication Services.
- Stephen Yacktman's largest Q4 2018 buy was Arcosa: 824,515 shares worth $22.8M.
- Stephen Yacktman added most to State Street in Q4 2018, an estimated $104M increase.
- Stephen Yacktman's biggest Q4 2018 reduction was Procter & Gamble, cutting an estimated $288M.
- Stephen Yacktman fully exited 3M in Q4 2018, selling an estimated $211K.
- Stephen Yacktman's ten largest holdings make up 78% of its $7.84B portfolio in Q4 2018.
- Stephen Yacktman opened 1 new position and closed 1 in Q4 2018.
- Stephen Yacktman's portfolio value fell 6% quarter-over-quarter to $7.84B.
Based on Yacktman Asset Management's 13F filing for Q4 2018, filed 4 Feb 2019.