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 |
Macy's
M
|
+$285M |
| 2 |
Sysco
SYY
|
+$163M |
| 3 |
Fox Class A
FOXA
|
+$140M |
| 4 |
Huntsman Corp
HUN
|
+$131M |
| 5 |
Wells Fargo
WFC
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$215M |
| 2 |
Coca-Cola
KO
|
+$166M |
| 3 |
PepsiCo
PEP
|
+$144M |
| 4 |
Johnson & Johnson
JNJ
|
+$113M |
| 5 |
Oracle
ORCL
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 23.57% |
| 2 | Communication Services | 22.2% |
| 3 | Technology | 17.65% |
| 4 | Financials | 12.11% |
| 5 | Consumer Discretionary | 9.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Comcast
CMCSA
$95.3B
| $51.4M | 0.85% |
1,495,300
-10,000
| -0.7% | -$422K |
|
27
Ralph Lauren
RL
$22.2B
| $50M | 0.83% |
+748,053
| New | +$78.6M |
|
28
ExxonMobil
XOM
$679B
| $47.5M | 0.79% |
1,251,854
-37,586
| -3% | -$2.08M |
|
29
First Hawaiian
FHB
$3.2B
| $46.9M | 0.78% |
+2,837,674
| New | +$71.7M |
|
30
ConocoPhillips
COP
$162B
| $43.1M | 0.71% |
1,398,967
-30,638
| -2% | -$1.56M |
|
31
GrafTech
EAF
$178M
| $42.8M | 0.71% |
527,245
+299,535
| +132% | +$28.9M |
|
32
Goldman Sachs
GS
$303B
| $36.4M | 0.6% |
235,300
+11,200
| +5% | +$2.38M |
|
|
QVCGA
33
DELISTED
QVC Group Inc Series A
QVCGA
| $35.6M | 0.59% |
+120,189
| New | +$42.9M |
|
34
Corning
GLW
$129B
| $25M | 0.41% |
1,217,012
-2,975
| -0.2% | -$77.6K |
|
35
Berkshire Hathaway Class B
BRK.B
$1.06T
| $23.4M | 0.39% |
128,181
-4,408
| -3% | -$937K |
|
36
Micron Technology
MU
$1.09T
| $19M | 0.32% |
452,607
-37,180
| -8% | -$1.93M |
|
37
Arcosa
ACA
$7.12B
| $17.6M | 0.29% |
443,999
+22,445
| +5% | +$949K |
|
|
38
Berkshire Hathaway Class A
BRK.A
$1.06T
| $17.1M | 0.28% |
63
| – | – |
|
39
Infosys
INFY
$48.4B
| $13.1M | 0.22% |
1,594,329
-5,460
| -0.3% | -$54.9K |
|
|
UN
40
DELISTED
Unilever NV New York Registry Shares
UN
| $12.4M | 0.21% |
253,963
-5,234
| -2% | -$286K |
|
41
News Corp Class B
NWS
$18.7B
| $8.94M | 0.15% |
+993,851
| New | +$12.8M |
|
|
WDR
42
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $5.12M | 0.08% |
+450,000
| New | +$6.71M |
|
43
Stryker
SYK
$126B
| $4.12M | 0.07% |
24,716
-1,018
| -4% | -$199K |
|
44
Clorox
CLX
$12.9B
| $3.36M | 0.06% |
19,400
-39,697
| -67% | -$6.56M |
|
45
Reading International Class A
RDI
$42.3M
| $3.35M | 0.06% |
862,000
+544,000
| +171% | +$4.62M |
|
46
Future Fuel
FF
$244M
| $2.25M | 0.04% |
+200,000
| New | +$2.23M |
|
47
Mastercard
MA
$509B
| $2.24M | 0.04% |
+9,280
| New | +$2.76M |
|
|
SCHW
48
Charles Schwab
SCHW
$194B
| $2.15M | 0.04% |
63,900
+29,700
| +87% | +$1.25M |
|
49
Philip Morris
PM
$293B
| $1.72M | 0.03% |
23,501
-1,325
| -5% | -$109K |
|
50
Valmont Industries
VMI
$9.38B
| $1.7M | 0.03% |
+16,013
| New | +$2.08M |
|
Similar funds
Stephen Yacktman's Q1 2020 Portfolio in Review
As of Q1 2020, Stephen Yacktman held 59 positions worth $6.03B, down 24% from $7.91B the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Stephen Yacktman deployed $583M of net new capital in Q1 2020, opening 11 new positions and adding to 17 existing holdings. Its largest new stake was Huntsman Corp: 6,704,701 shares worth $96.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 24% of assets, down from 28% a quarter earlier, followed by Communication Services and Technology.
On the sell side, the largest reduction was Procter & Gamble, an estimated $215M trimmed.
- Stephen Yacktman's largest Q1 2020 buy was Huntsman Corp: 6,704,701 shares worth $96.7M.
- Stephen Yacktman added most to Macy's in Q1 2020, an estimated $285M increase.
- Stephen Yacktman's biggest Q1 2020 reduction was Procter & Gamble, cutting an estimated $215M.
- Stephen Yacktman fully exited America's Car Mart in Q1 2020, selling an estimated $362K.
- Stephen Yacktman's ten largest holdings make up 54% of its $6.03B portfolio in Q1 2020.
- Stephen Yacktman opened 11 new positions and closed 2 in Q1 2020.
- Stephen Yacktman's portfolio value fell 24% quarter-over-quarter to $6.03B.
Based on Yacktman Asset Management's 13F filing for Q1 2020, filed 4 May 2020.