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 |
U-Haul Holding Co Series N
UHAL.B
|
+$389M |
| 2 |
UNVR
Univar Solutions Inc.
UNVR
|
+$56.6M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$54.7M |
| 4 |
eBay
EBAY
|
+$37.8M |
| 5 |
Warner Bros
WBD
|
+$28.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
U-Haul Holding Co
UHAL
|
+$379M |
| 2 |
PepsiCo
PEP
|
+$205M |
| 3 |
FirstCash
FCFS
|
+$43.6M |
| 4 |
Canadian Natural Resources
CNQ
|
+$36.3M |
| 5 |
Sysco
SYY
|
+$33.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 20.27% |
| 2 | Consumer Staples | 17.2% |
| 3 | Financials | 14.69% |
| 4 | Communication Services | 12.78% |
| 5 | Industrials | 10.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Arcosa
ACA
$7.12B
| $19.9M | 0.2% |
365,588
-9,388
| -3% | -$558K |
|
52
Berkshire Hathaway Class A
BRK.A
$1.06T
| $17.8M | 0.18% |
38
-7
| -16% | -$3.14M |
|
53
ExxonMobil
XOM
$679B
| $16.6M | 0.17% |
150,100
-33,000
| -18% | -$3.54M |
|
54
Unilever
UL
$138B
| $15.2M | 0.15% |
269,055
-10,733
| -4% | -$574K |
|
55
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $13.6M | 0.14% |
35,440
+33,197
| +1,480% | +$12.8M |
|
56
News Corp Class B
NWS
$18.7B
| $10.3M | 0.1% |
558,832
-3,594
| -0.6% | -$63.3K |
|
57
Clorox
CLX
$12.9B
| $4.08M | 0.04% |
29,100
| – | – |
|
58
Legacy Housing
LEGH
$681M
| $3.51M | 0.03% |
185,000
-50,000
| -21% | -$879K |
|
59
Mastercard
MA
$509B
| $3.47M | 0.03% |
9,980
| – | – |
|
60
Amplify Energy
AMPY
$200M
| $2.94M | 0.03% |
335,000
| – | – |
|
61
America's Car Mart
CRMT
$20.6M
| $2.6M | 0.03% |
36,000
+11,000
| +44% | +$747K |
|
62
Hershey
HSY
$37.5B
| $2.36M | 0.02% |
10,200
| – | – |
|
63
Moody's
MCO
$87.2B
| $1.75M | 0.02% |
6,270
| – | – |
|
64
Reading International Class A
RDI
$42.3M
| $1.55M | 0.02% |
559,800
-45,200
| -7% | -$145K |
|
65
Philip Morris
PM
$293B
| $992K | 0.01% |
9,801
-7,200
| -42% | -$679K |
|
66
Cato Corp
CATO
$58.3M
| $984K | 0.01% |
105,445
| – | – |
|
67
Evolution Petroleum
EPM
$127M
| $755K | 0.01% |
100,000
-70,000
| -41% | -$526K |
|
68
Altria Group
MO
$110B
| $265K | ﹤0.01% |
5,800
-7,200
| -55% | -$326K |
|
|
69
FirstCash
FCFS
$9.77B
| – | – |
-594,851
| Closed | -$43.6M |
|
Similar funds
Stephen Yacktman's Q4 2022 Portfolio in Review
As of Q4 2022, Stephen Yacktman held 69 positions worth $10B, up 9.4% from $9.17B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. Stephen Yacktman opened 2 new positions and exited 1, leaving the 69-position portfolio largely intact.
By sector, the portfolio is most concentrated in Energy at 20% of assets, up from 19% a quarter earlier, followed by Consumer Staples and Financials.
- Stephen Yacktman's largest Q4 2022 buy was U-Haul Holding Co Series N: 6,712,255 shares worth $369M.
- Stephen Yacktman added most to Charles Schwab in Q4 2022, an estimated $54.7M increase.
- Stephen Yacktman's biggest Q4 2022 reduction was U-Haul Holding Co, cutting an estimated $379M.
- Stephen Yacktman fully exited FirstCash in Q4 2022, selling an estimated $43.6M.
- Stephen Yacktman's ten largest holdings make up 43% of its $10B portfolio in Q4 2022.
- Stephen Yacktman opened 2 new positions and closed 1 in Q4 2022.
- Stephen Yacktman's portfolio value rose 9.4% quarter-over-quarter to $10B.
Based on Yacktman Asset Management's 13F filing for Q4 2022, filed 26 Jan 2023.