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 |
Canadian Natural Resources
CNQ
|
+$185M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$153M |
| 3 |
Northrop Grumman
NOC
|
+$130M |
| 4 |
Lockheed Martin
LMT
|
+$129M |
| 5 |
L3Harris
LHX
|
+$127M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Macy's
M
|
+$242M |
| 2 |
News Corp Class A
NWSA
|
+$115M |
| 3 |
Fox Class A
FOXA
|
+$64M |
| 4 |
Infosys
INFY
|
+$25.7M |
| 5 |
Walt Disney
DIS
|
+$17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 24.05% |
| 2 | Communication Services | 19.03% |
| 3 | Financials | 16.67% |
| 4 | Technology | 12.99% |
| 5 | Industrials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Stryker
SYK
$126B
| $5.61M | 0.06% |
23,017
+196
| +0.9% | +$47K |
|
52
Reading International Class A
RDI
$42.3M
| $4.11M | 0.04% |
741,100
-120,900
| -14% | -$805K |
|
53
Clorox
CLX
$12.9B
| $3.71M | 0.04% |
19,225
| – | – |
|
54
Mastercard
MA
$509B
| $3.3M | 0.03% |
9,280
| – | – |
|
55
Valmont Industries
VMI
$9.38B
| $2.9M | 0.03% |
12,195
-2,000
| -14% | -$444K |
|
56
Philip Morris
PM
$293B
| $2.08M | 0.02% |
23,501
| – | – |
|
57
Tilly's
TLYS
$120M
| $1.7M | 0.02% |
150,000
-19,000
| -11% | -$203K |
|
58
Hershey
HSY
$37.5B
| $1.61M | 0.02% |
10,200
| – | – |
|
59
Legacy Housing
LEGH
$681M
| $1.47M | 0.02% |
82,800
+12,550
| +18% | +$200K |
|
60
Altria Group
MO
$110B
| $1.15M | 0.01% |
22,500
| – | – |
|
61
Cato Corp
CATO
$58.3M
| $1.1M | 0.01% |
+91,998
| New | +$1.08M |
|
|
LOV
62
DELISTED
Spark Networks SE American Depositary Shares
LOV
| $641K | 0.01% |
86,000
| – | – |
|
63
Evolution Petroleum
EPM
$127M
| $558K | 0.01% |
165,000
| – | – |
|
64
Amplify Energy
AMPY
$200M
| $473K | ﹤0.01% |
+170,000
| New | +$452K |
|
|
OTEL
65
DELISTED
Otelco, Inc. Class A
OTEL
| $400K | ﹤0.01% |
34,031
| – | – |
|
|
66
Infosys
INFY
$48.4B
| $281K | ﹤0.01% |
15,000
-1,420,766
| -99% | -$25.7M |
|
67
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| – | – |
-2,056
| Closed | -$769K |
|
|
WDR
68
DELISTED
Waddell & Reed Financial, Inc.
WDR
| – | – |
-362,000
| Closed | -$9.22M |
|
Similar funds
Stephen Yacktman's Q1 2021 Portfolio in Review
As of Q1 2021, Stephen Yacktman held 68 positions worth $9.57B, up 18% from $8.09B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Stephen Yacktman deployed $501M of net new capital in Q1 2021, opening 7 new positions and adding to 34 existing holdings. Its largest new stake was Canadian Natural Resources: 13,678,570 shares worth $207M.
By sector, the portfolio is most concentrated in Consumer Staples at 24% of assets, down from 27% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Macy's, an estimated $242M trimmed.
- Stephen Yacktman's largest Q1 2021 buy was Canadian Natural Resources: 13,678,570 shares worth $207M.
- Stephen Yacktman added most to Berkshire Hathaway Class B in Q1 2021, an estimated $153M increase.
- Stephen Yacktman's biggest Q1 2021 reduction was Macy's, cutting an estimated $242M.
- Stephen Yacktman fully exited Waddell & Reed Financial, Inc. in Q1 2021, selling an estimated $9.22M.
- Stephen Yacktman's ten largest holdings make up 45% of its $9.57B portfolio in Q1 2021.
- Stephen Yacktman opened 7 new positions and closed 2 in Q1 2021.
- Stephen Yacktman's portfolio value rose 18% quarter-over-quarter to $9.57B.
Based on Yacktman Asset Management's 13F filing for Q1 2021, filed 4 May 2021.