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 |
Reliance Steel & Aluminium
RS
|
+$163M |
| 2 |
Canadian Natural Resources
CNQ
|
+$16M |
| 3 |
Cognizant
CTSH
|
+$7.28M |
| 4 |
Johnson & Johnson
JNJ
|
+$3.97M |
| 5 |
News Corp Class A
NWSA
|
+$3.73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Macy's
M
|
+$98.9M |
| 2 |
Walt Disney
DIS
|
+$57.9M |
| 3 |
Sysco
SYY
|
+$49.1M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$48.1M |
| 5 |
Huntsman Corp
HUN
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 24.11% |
| 2 | Financials | 15.77% |
| 3 | Communication Services | 15.51% |
| 4 | Technology | 14.32% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Reliance Steel & Aluminium
RS
$19.8B
| $171M | 1.52% |
+1,053,500
| New | +$163M |
|
27
Weatherford International
WFRD
$6.49B
| $159M | 1.42% |
5,735,000
-360,000
| -6% | -$9.87M |
|
28
Oracle
ORCL
$422B
| $155M | 1.38% |
1,776,144
-56,626
| -3% | -$5.32M |
|
29
L3Harris
LHX
$49.7B
| $148M | 1.32% |
695,813
+7,399
| +1% | +$1.64M |
|
30
Cisco
CSCO
$438B
| $131M | 1.17% |
2,067,294
-189,956
| -8% | -$10.9M |
|
31
Lockheed Martin
LMT
$130B
| $128M | 1.14% |
359,144
+3,019
| +0.8% | +$1.04M |
|
32
Armstrong World Industries
AWI
$7.55B
| $127M | 1.13% |
1,096,020
+2,686
| +0.2% | +$290K |
|
33
Colgate-Palmolive
CL
$72.6B
| $112M | 1% |
1,313,300
-4,300
| -0.3% | -$336K |
|
34
MSC Industrial Direct
MSM
$6.69B
| $105M | 0.93% |
1,247,846
-2,981
| -0.2% | -$249K |
|
35
Fox Class A
FOXA
$28.8B
| $99.7M | 0.89% |
2,702,034
-18,024
| -0.7% | -$710K |
|
36
Goldman Sachs
GS
$303B
| $76.6M | 0.68% |
200,290
+405
| +0.2% | +$160K |
|
37
Comcast
CMCSA
$95.3B
| $76.3M | 0.68% |
1,516,450
+7,000
| +0.5% | +$365K |
|
38
First Hawaiian
FHB
$3.2B
| $66M | 0.59% |
2,416,246
-349,739
| -13% | -$9.76M |
|
39
Micron Technology
MU
$1.09T
| $63.9M | 0.57% |
685,503
-1,434
| -0.2% | -$112K |
|
40
GrafTech
EAF
$178M
| $60.8M | 0.54% |
514,119
-6,431
| -1% | -$746K |
|
|
41
Macy's
M
$6B
| $51.2M | 0.46% |
1,955,000
-3,627,318
| -65% | -$98.9M |
|
42
FirstCash
FCFS
$9.77B
| $47.7M | 0.43% |
637,851
+12,800
| +2% | +$984K |
|
43
Corning
GLW
$129B
| $44.6M | 0.4% |
1,197,000
+4,000
| +0.3% | +$150K |
|
44
Berkshire Hathaway Class A
BRK.A
$1.06T
| $23.4M | 0.21% |
52
| – | – |
|
45
Arcosa
ACA
$7.12B
| $22.4M | 0.2% |
425,977
-9,007
| -2% | -$482K |
|
46
Ambev
ABEV
$44.4B
| $19.6M | 0.17% |
7,000,000
| – | – |
|
47
ConocoPhillips
COP
$162B
| $19.4M | 0.17% |
268,550
+3,600
| +1% | +$262K |
|
48
Unilever
UL
$138B
| $15.1M | 0.13% |
249,374
-27,172
| -10% | -$1.61M |
|
49
ExxonMobil
XOM
$679B
| $14.3M | 0.13% |
234,200
-1,499
| -0.6% | -$93.7K |
|
|
TREC
50
DELISTED
Trecora Resources
TREC
| $13M | 0.12% |
1,610,000
+55,000
| +4% | +$453K |
|
Similar funds
Stephen Yacktman's Q4 2021 Portfolio in Review
As of Q4 2021, Stephen Yacktman held 64 positions worth $11.2B, up 7.9% from $10.4B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Trading was light in Q4 2021: portfolio turnover was 3.1%. Stephen Yacktman opened 2 new positions and made no exits, leaving the 64-position portfolio largely intact.
By sector, the portfolio is most concentrated in Consumer Staples at 24% of assets, up from 24% a quarter earlier, followed by Financials and Communication Services.
- Stephen Yacktman's largest Q4 2021 buy was Reliance Steel & Aluminium: 1,053,500 shares worth $171M.
- Stephen Yacktman added most to Canadian Natural Resources in Q4 2021, an estimated $16M increase.
- Stephen Yacktman's biggest Q4 2021 reduction was Macy's, cutting an estimated $98.9M.
- Stephen Yacktman's ten largest holdings make up 48% of its $11.2B portfolio in Q4 2021.
- Stephen Yacktman opened 2 new positions and closed 0 in Q4 2021.
- Stephen Yacktman's portfolio value rose 7.9% quarter-over-quarter to $11.2B.
Based on Yacktman Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.