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 |
Olin
OLN
|
+$230M |
| 2 |
U-Haul Holding Co Series N
UHAL.B
|
+$5.95M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$4.07M |
| 4 |
Tyson Foods
TSN
|
+$3.38M |
| 5 |
GrafTech
EAF
|
+$3.36M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Booking.com
BKNG
|
+$71.5M |
| 2 |
iShares MSCI South Korea ETF
EWY
|
+$35.8M |
| 3 |
Arcosa
ACA
|
+$21.5M |
| 4 |
Weatherford International
WFRD
|
+$12.4M |
| 5 |
Canadian Natural Resources
CNQ
|
+$6.02M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 19.98% |
| 2 | Consumer Staples | 15.8% |
| 3 | Communication Services | 14.42% |
| 4 | Technology | 12.56% |
| 5 | Financials | 11.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Oracle
ORCL
$422B
| $165M | 1.57% |
1,388,947
-9,073
| -0.6% | -$938K |
|
|
27
Tyson Foods
TSN
$20.6B
| $156M | 1.48% |
3,063,739
+62,099
| +2% | +$3.38M |
|
28
Coca-Cola
KO
$392B
| $156M | 1.48% |
2,590,970
-5,252
| -0.2% | -$327K |
|
29
Lockheed Martin
LMT
$130B
| $153M | 1.45% |
332,887
-401
| -0.1% | -$186K |
|
30
Walt Disney
DIS
$186B
| $149M | 1.41% |
1,664,185
+1,728
| +0.1% | +$164K |
|
31
Devon Energy
DVN
$54B
| $146M | 1.38% |
3,012,989
+36,990
| +1% | +$1.86M |
|
32
eBay
EBAY
$46.3B
| $129M | 1.22% |
2,890,183
+11,419
| +0.4% | +$507K |
|
33
L3Harris
LHX
$49.7B
| $128M | 1.21% |
654,176
+1,174
| +0.2% | +$225K |
|
34
Sysco
SYY
$40.2B
| $113M | 1.07% |
1,521,152
+13,571
| +0.9% | +$1M |
|
35
Wells Fargo
WFC
$254B
| $110M | 1.05% |
2,584,852
-5,258
| -0.2% | -$212K |
|
36
Colgate-Palmolive
CL
$72.6B
| $101M | 0.95% |
1,305,700
+3,800
| +0.3% | +$294K |
|
37
Warner Bros
WBD
$71.6B
| $100M | 0.95% |
7,994,718
+29,157
| +0.4% | +$378K |
|
38
Fox Class A
FOXA
$28.8B
| $89.3M | 0.85% |
2,627,340
-12,407
| -0.5% | -$406K |
|
39
Armstrong World Industries
AWI
$7.55B
| $86.6M | 0.82% |
1,179,257
+16,271
| +1% | +$1.11M |
|
40
Cisco
CSCO
$438B
| $72M | 0.68% |
1,392,526
-4,471
| -0.3% | -$220K |
|
|
UNVR
41
DELISTED
Univar Solutions Inc.
UNVR
| $71.6M | 0.68% |
1,999,040
-5,333
| -0.3% | -$189K |
|
42
Goldman Sachs
GS
$303B
| $61.8M | 0.59% |
191,586
+1,430
| +0.8% | +$470K |
|
43
Comcast
CMCSA
$95.3B
| $60.4M | 0.57% |
1,454,800
+7,200
| +0.5% | +$286K |
|
44
Embecta
EMBC
$296M
| $56.6M | 0.54% |
2,621,589
+26,353
| +1% | +$719K |
|
|
45
GrafTech
EAF
$178M
| $46.7M | 0.44% |
925,648
+72,238
| +8% | +$3.36M |
|
46
Micron Technology
MU
$1.09T
| $42.1M | 0.4% |
667,171
+27,268
| +4% | +$1.75M |
|
47
Corning
GLW
$129B
| $41.7M | 0.4% |
1,190,000
| – | – |
|
|
48
U-Haul Holding Co
UHAL
$13.9B
| $39.5M | 0.37% |
714,614
-4,170
| -0.6% | -$245K |
|
49
First Hawaiian
FHB
$3.2B
| $34.7M | 0.33% |
1,924,107
+13,815
| +0.7% | +$254K |
|
50
MSC Industrial Direct
MSM
$6.69B
| $27.7M | 0.26% |
291,035
-9,010
| -3% | -$826K |
|
Similar funds
Stephen Yacktman's Q2 2023 Portfolio in Review
As of Q2 2023, Stephen Yacktman held 69 positions worth $10.5B, up 4.3% from $10.1B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Trading was light in Q2 2023: portfolio turnover was 4.3%. Stephen Yacktman opened 1 new position and exited 2, leaving the 69-position portfolio largely intact.
By sector, the portfolio is most concentrated in Energy at 20% of assets, down from 21% a quarter earlier, followed by Consumer Staples and Communication Services.
- Stephen Yacktman's largest Q2 2023 buy was Olin: 4,315,529 shares worth $222M.
- Stephen Yacktman added most to U-Haul Holding Co Series N in Q2 2023, an estimated $5.95M increase.
- Stephen Yacktman's biggest Q2 2023 reduction was Booking.com, cutting an estimated $71.5M.
- Stephen Yacktman fully exited iShares MSCI South Korea ETF in Q2 2023, selling an estimated $35.8M.
- Stephen Yacktman's ten largest holdings make up 44% of its $10.5B portfolio in Q2 2023.
- Stephen Yacktman opened 1 new position and closed 2 in Q2 2023.
- Stephen Yacktman's portfolio value rose 4.3% quarter-over-quarter to $10.5B.
Based on Yacktman Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.