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 |
Ingredion
INGR
|
+$66.7M |
| 2 |
FirstCash
FCFS
|
+$35.6M |
| 3 |
Ambev
ABEV
|
+$16.5M |
| 4 |
TREC
Trecora Resources
TREC
|
+$799K |
| 5 |
Legacy Housing
LEGH
|
+$797K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$172M |
| 2 |
Johnson & Johnson
JNJ
|
+$110M |
| 3 |
Walt Disney
DIS
|
+$77.6M |
| 4 |
Microsoft
MSFT
|
+$72.1M |
| 5 |
Macy's
M
|
+$71.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 25.45% |
| 2 | Communication Services | 22.95% |
| 3 | Technology | 15.5% |
| 4 | Financials | 12.93% |
| 5 | Consumer Discretionary | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCHW
51
Charles Schwab
SCHW
$194B
| $2.02M | 0.03% |
59,900
-4,000
| -6% | -$143K |
|
52
Valmont Industries
VMI
$9.38B
| $1.65M | 0.03% |
14,520
-1,493
| -9% | -$166K |
|
53
Philip Morris
PM
$293B
| $1.65M | 0.03% |
23,501
| – | – |
|
54
Tilly's
TLYS
$120M
| $1.31M | 0.02% |
232,000
+11,741
| +5% | +$60.5K |
|
55
Hershey
HSY
$37.5B
| $1.19M | 0.02% |
9,200
| – | – |
|
56
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.16M | 0.02% |
3,741
-2,826
| -43% | -$827K |
|
|
57
Legacy Housing
LEGH
$681M
| $999K | 0.02% |
+70,250
| New | +$797K |
|
58
Altria Group
MO
$110B
| $883K | 0.01% |
22,500
| – | – |
|
|
LOV
59
DELISTED
Spark Networks SE American Depositary Shares
LOV
| $517K | 0.01% |
156,600
-29,900
| -16% | -$94.8K |
|
|
OTEL
60
DELISTED
Otelco, Inc. Class A
OTEL
| $383K | 0.01% |
34,031
| – | – |
|
61
Future Fuel
FF
$244M
| – | – |
-200,000
| Closed | -$2.25M |
|
Similar funds
Stephen Yacktman's Q2 2020 Portfolio in Review
As of Q2 2020, Stephen Yacktman held 61 positions worth $6.27B, up 4% from $6.03B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Stephen Yacktman withdrew a net $708M in Q2 2020, closing 1 position and reducing 44 holdings. Its most notable exit was Future Fuel, an estimated $2.25M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 25% of assets, up from 24% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Stephen Yacktman opened a new position in Ingredion worth $67.7M.
- Stephen Yacktman's largest Q2 2020 buy was Ingredion: 815,770 shares worth $67.7M.
- Stephen Yacktman added most to Trecora Resources in Q2 2020, an estimated $799K increase.
- Stephen Yacktman's biggest Q2 2020 reduction was Oracle, cutting an estimated $172M.
- Stephen Yacktman fully exited Future Fuel in Q2 2020, selling an estimated $2.25M.
- Stephen Yacktman's ten largest holdings make up 53% of its $6.27B portfolio in Q2 2020.
- Stephen Yacktman opened 4 new positions and closed 1 in Q2 2020.
- Stephen Yacktman's portfolio value rose 4% quarter-over-quarter to $6.27B.
Based on Yacktman Asset Management's 13F filing for Q2 2020, filed 6 Aug 2020.