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
|
+$130M |
| 2 |
Cognizant
CTSH
|
+$103M |
| 3 |
Unilever
UL
|
+$3.86M |
| 4 |
TREC
Trecora Resources
TREC
|
+$3.43M |
| 5 |
Legacy Housing
LEGH
|
+$888K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$61.5M |
| 2 |
ExxonMobil
XOM
|
+$54.5M |
| 3 |
Macy's
M
|
+$54.1M |
| 4 |
Cisco
CSCO
|
+$31.3M |
| 5 |
Goldman Sachs
GS
|
+$21.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 23.76% |
| 2 | Communication Services | 18.06% |
| 3 | Financials | 16.11% |
| 4 | Technology | 13.31% |
| 5 | Industrials | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Stryker
SYK
$126B
| $6.13M | 0.06% |
23,236
+75
| +0.3% | +$20.1K |
|
|
52
Legacy Housing
LEGH
$681M
| $4.17M | 0.04% |
232,100
+49,600
| +27% | +$888K |
|
53
Reading International Class A
RDI
$42.3M
| $3.75M | 0.04% |
741,100
| – | – |
|
54
Mastercard
MA
$509B
| $3.23M | 0.03% |
9,280
| – | – |
|
55
Clorox
CLX
$12.9B
| $3.18M | 0.03% |
19,225
| – | – |
|
56
Cato Corp
CATO
$58.3M
| $2.95M | 0.03% |
178,445
| – | – |
|
57
Philip Morris
PM
$293B
| $2.1M | 0.02% |
22,127
-1,374
| -6% | -$138K |
|
58
Hershey
HSY
$37.5B
| $1.73M | 0.02% |
10,200
| – | – |
|
59
Evolution Petroleum
EPM
$127M
| $1.16M | 0.01% |
205,000
| – | – |
|
60
Amplify Energy
AMPY
$200M
| $904K | 0.01% |
170,000
| – | – |
|
61
Altria Group
MO
$110B
| $660K | 0.01% |
14,500
| – | – |
|
|
LOV
62
DELISTED
Spark Networks SE American Depositary Shares
LOV
| $302K | ﹤0.01% |
86,000
| – | – |
|
63
Ralph Lauren
RL
$22.2B
| – | – |
-65,962
| Closed | -$7.77M |
|
64
Valmont Industries
VMI
$9.38B
| – | – |
-3,893
| Closed | -$919K |
|
Similar funds
Stephen Yacktman's Q3 2021 Portfolio in Review
As of Q3 2021, Stephen Yacktman held 64 positions worth $10.4B, up 0.88% from $10.3B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Trading was light in Q3 2021: portfolio turnover was 3.1%. Stephen Yacktman opened no new positions and exited 2, leaving the 64-position portfolio largely intact.
By sector, the portfolio is most concentrated in Consumer Staples at 24% of assets, down from 24% a quarter earlier, followed by Communication Services and Financials.
- Stephen Yacktman added most to Canadian Natural Resources in Q3 2021, an estimated $130M increase.
- Stephen Yacktman's biggest Q3 2021 reduction was ConocoPhillips, cutting an estimated $61.5M.
- Stephen Yacktman fully exited Ralph Lauren in Q3 2021, selling an estimated $7.77M.
- Stephen Yacktman's ten largest holdings make up 47% of its $10.4B portfolio in Q3 2021.
- Stephen Yacktman opened 0 new positions and closed 2 in Q3 2021.
- Stephen Yacktman's portfolio value rose 0.88% quarter-over-quarter to $10.4B.
Based on Yacktman Asset Management's 13F filing for Q3 2021, filed 1 Nov 2021.