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 |
News Corp Class A
NWSA
|
+$84.1M |
| 2 |
Fox Class A
FOXA
|
+$56.2M |
| 3 |
Fox Class B
FOX
|
+$22.1M |
| 4 |
Macy's
M
|
+$10.7M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$190M |
| 2 |
Procter & Gamble
PG
|
+$170M |
| 3 |
Johnson & Johnson
JNJ
|
+$122M |
| 4 |
Walt Disney
DIS
|
+$72.6M |
| 5 |
ExxonMobil
XOM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 27.69% |
| 2 | Communication Services | 19.79% |
| 3 | Technology | 16.09% |
| 4 | Financials | 12.34% |
| 5 | Consumer Discretionary | 10.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
U-Haul Holding Co
UHAL
$13.9B
| $66.7M | 0.84% |
1,775,400
-7,090
| -0.4% | -$269K |
|
27
Goldman Sachs
GS
$303B
| $51.5M | 0.65% |
224,100
-32,800
| -13% | -$7.12M |
|
28
Corning
GLW
$129B
| $35.5M | 0.45% |
1,219,987
-265
| -0% | -$7.69K |
|
29
Berkshire Hathaway Class B
BRK.B
$1.06T
| $30M | 0.38% |
132,589
+5,697
| +4% | +$1.24M |
|
30
GrafTech
EAF
$178M
| $26.5M | 0.33% |
227,710
-8,373
| -4% | -$1.05M |
|
31
Micron Technology
MU
$1.09T
| $26.3M | 0.33% |
489,787
-13,851
| -3% | -$661K |
|
|
32
Berkshire Hathaway Class A
BRK.A
$1.06T
| $21.4M | 0.27% |
63
-2
| -3% | -$651K |
|
33
Arcosa
ACA
$7.12B
| $18.8M | 0.24% |
421,554
-221,640
| -34% | -$8.52M |
|
34
Infosys
INFY
$48.4B
| $16.5M | 0.21% |
1,599,789
-245
| -0% | -$2.46K |
|
|
UN
35
DELISTED
Unilever NV New York Registry Shares
UN
| $14.9M | 0.19% |
259,197
+2,102
| +0.8% | +$124K |
|
36
MSC Industrial Direct
MSM
$6.69B
| $14.5M | 0.18% |
184,377
-805
| -0.4% | -$59.5K |
|
37
Clorox
CLX
$12.9B
| $9.07M | 0.11% |
59,097
+267
| +0.5% | +$39.9K |
|
38
Stryker
SYK
$126B
| $5.4M | 0.07% |
25,734
-76
| -0.3% | -$15.8K |
|
39
Reading International Class A
RDI
$42.3M
| $3.56M | 0.05% |
318,000
+90,000
| +39% | +$1M |
|
|
40
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.25M | 0.03% |
7,007
+5,530
| +374% | +$1.7M |
|
41
Philip Morris
PM
$293B
| $2.11M | 0.03% |
24,826
+1,325
| +6% | +$109K |
|
|
SCHW
42
Charles Schwab
SCHW
$194B
| $1.63M | 0.02% |
34,200
-500
| -1% | -$22K |
|
43
Hershey
HSY
$37.5B
| $1.35M | 0.02% |
9,200
-300
| -3% | -$44.5K |
|
44
Altria Group
MO
$110B
| $1.12M | 0.01% |
22,500
| – | – |
|
|
LOV
45
DELISTED
Spark Networks SE American Depositary Shares
LOV
| $997K | 0.01% |
220,000
| – | – |
|
46
America's Car Mart
CRMT
$20.6M
| $362K | ﹤0.01% |
3,300
| – | – |
|
|
OTEL
47
DELISTED
Otelco, Inc. Class A
OTEL
| $341K | ﹤0.01% |
34,031
| – | – |
|
48
C.H. Robinson
CHRW
$16.5B
| $289K | ﹤0.01% |
3,700
-200
| -5% | -$15.9K |
|
Similar funds
Stephen Yacktman's Q4 2019 Portfolio in Review
As of Q4 2019, Stephen Yacktman held 48 positions worth $7.91B, down 2.7% from $8.14B the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Stephen Yacktman withdrew a net $742M in Q4 2019, reducing 34 holdings. Its largest reduction was PepsiCo, cutting an estimated $190M.
By sector, the portfolio is most concentrated in Consumer Staples at 28% of assets, down from 32% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Stephen Yacktman added an estimated $84.1M to News Corp Class A.
- Stephen Yacktman added most to News Corp Class A in Q4 2019, an estimated $84.1M increase.
- Stephen Yacktman's biggest Q4 2019 reduction was PepsiCo, cutting an estimated $190M.
- Stephen Yacktman's ten largest holdings make up 61% of its $7.91B portfolio in Q4 2019.
- Stephen Yacktman opened 0 new positions and closed 0 in Q4 2019.
- Stephen Yacktman's portfolio value fell 2.7% quarter-over-quarter to $7.91B.
Based on Yacktman Asset Management's 13F filing for Q4 2019, filed 4 Feb 2020.