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 |
Devon Energy
DVN
|
+$166M |
| 2 |
EOG Resources
EOG
|
+$161M |
| 3 |
Diamondback Energy
FANG
|
+$157M |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$157M |
| 5 |
ConocoPhillips
COP
|
+$149M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sysco
SYY
|
+$182M |
| 2 |
Coca-Cola
KO
|
+$180M |
| 3 |
PepsiCo
PEP
|
+$89.6M |
| 4 |
Wells Fargo
WFC
|
+$81.9M |
| 5 |
Canadian Natural Resources
CNQ
|
+$74.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 19.19% |
| 2 | Energy | 19% |
| 3 | Financials | 13.86% |
| 4 | Communication Services | 13.62% |
| 5 | Industrials | 11.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Berkshire Hathaway Class A
BRK.A
$1.06T
| $18.3M | 0.2% |
45
| – | – |
|
52
ExxonMobil
XOM
$679B
| $16M | 0.17% |
183,100
-50,600
| -22% | -$4.62M |
|
53
Unilever
UL
$138B
| $13.8M | 0.15% |
279,788
+8,601
| +3% | +$449K |
|
54
News Corp Class B
NWS
$18.7B
| $8.67M | 0.09% |
562,426
+9,427
| +2% | +$161K |
|
55
Legacy Housing
LEGH
$681M
| $4.03M | 0.04% |
235,000
-50,000
| -18% | -$794K |
|
56
Clorox
CLX
$12.9B
| $3.74M | 0.04% |
29,100
| – | – |
|
57
Mastercard
MA
$509B
| $2.84M | 0.03% |
9,980
| – | – |
|
58
Hershey
HSY
$37.5B
| $2.25M | 0.02% |
10,200
| – | – |
|
59
Amplify Energy
AMPY
$200M
| $2.2M | 0.02% |
335,000
+115,000
| +52% | +$782K |
|
60
Reading International Class A
RDI
$42.3M
| $1.99M | 0.02% |
605,000
-86,000
| -12% | -$350K |
|
61
America's Car Mart
CRMT
$20.6M
| $1.52M | 0.02% |
25,000
+9,500
| +61% | +$853K |
|
62
Moody's
MCO
$87.2B
| $1.52M | 0.02% |
6,270
+2,000
| +47% | +$581K |
|
63
Philip Morris
PM
$293B
| $1.41M | 0.02% |
17,001
| – | – |
|
64
Evolution Petroleum
EPM
$127M
| $1.18M | 0.01% |
170,000
| – | – |
|
65
Cato Corp
CATO
$58.3M
| $1.01M | 0.01% |
105,445
| – | – |
|
66
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $801K | 0.01% |
2,243
+1,194
| +114% | +$474K |
|
67
Altria Group
MO
$110B
| $525K | 0.01% |
13,000
| – | – |
|
68
Ambev
ABEV
$44.4B
| – | – |
-5,000,000
| Closed | -$12.6M |
|
69
Huntsman Corp
HUN
$1.75B
| – | – |
-180,000
| Closed | -$5.1M |
|
Similar funds
Stephen Yacktman's Q3 2022 Portfolio in Review
As of Q3 2022, Stephen Yacktman held 69 positions worth $9.17B, down 4.8% from $9.64B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Stephen Yacktman's Q3 2022 filing shows 4 new, 27 increased, 26 reduced and 2 closed positions. Its largest new stake was Devon Energy: 2,664,927 shares worth $160M. The largest sale was Sysco, an estimated $182M.
By sector, the portfolio is most concentrated in Consumer Staples at 19% of assets, down from 25% a quarter earlier, followed by Energy and Financials.
- Stephen Yacktman's largest Q3 2022 buy was Devon Energy: 2,664,927 shares worth $160M.
- Stephen Yacktman added most to ConocoPhillips in Q3 2022, an estimated $149M increase.
- Stephen Yacktman's biggest Q3 2022 reduction was Sysco, cutting an estimated $182M.
- Stephen Yacktman fully exited Ambev in Q3 2022, selling an estimated $12.6M.
- Stephen Yacktman's ten largest holdings make up 45% of its $9.17B portfolio in Q3 2022.
- Stephen Yacktman opened 4 new positions and closed 2 in Q3 2022.
- Stephen Yacktman's portfolio value fell 4.8% quarter-over-quarter to $9.17B.
Based on Yacktman Asset Management's 13F filing for Q3 2022, filed 7 Nov 2022.