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 |
SCHW
Charles Schwab
SCHW
|
+$147M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$117M |
| 3 |
iShares MSCI South Korea ETF
EWY
|
+$35.6M |
| 4 |
EOG Resources
EOG
|
+$24.3M |
| 5 |
Diamondback Energy
FANG
|
+$16.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
US Bancorp
USB
|
+$212M |
| 2 |
Weatherford International
WFRD
|
+$52.7M |
| 3 |
Procter & Gamble
PG
|
+$34.1M |
| 4 |
Booking.com
BKNG
|
+$20.4M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$12.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 20.54% |
| 2 | Consumer Staples | 16.55% |
| 3 | Communication Services | 14.22% |
| 4 | Financials | 11.91% |
| 5 | Technology | 11.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Arcosa
ACA
$7.12B
| $21.5M | 0.21% |
340,079
-25,509
| -7% | -$1.5M |
|
52
ExxonMobil
XOM
$679B
| $16.1M | 0.16% |
147,100
-3,000
| -2% | -$332K |
|
53
Unilever
UL
$138B
| $16.1M | 0.16% |
275,212
+6,157
| +2% | +$350K |
|
54
Berkshire Hathaway Class A
BRK.A
$1.06T
| $15.4M | 0.15% |
33
-5
| -13% | -$2.33M |
|
55
News Corp Class B
NWS
$18.7B
| $9.87M | 0.1% |
566,383
+7,551
| +1% | +$139K |
|
56
Clorox
CLX
$12.9B
| $4.6M | 0.05% |
29,100
| – | – |
|
57
Mastercard
MA
$509B
| $4.04M | 0.04% |
11,130
+1,150
| +12% | +$418K |
|
58
Legacy Housing
LEGH
$681M
| $3.87M | 0.04% |
170,000
-15,000
| -8% | -$304K |
|
59
America's Car Mart
CRMT
$20.6M
| $2.85M | 0.03% |
36,000
| – | – |
|
60
Hershey
HSY
$37.5B
| $2.59M | 0.03% |
10,200
| – | – |
|
61
Moody's
MCO
$87.2B
| $2.35M | 0.02% |
7,670
+1,400
| +22% | +$423K |
|
62
Amplify Energy
AMPY
$200M
| $2.3M | 0.02% |
335,000
| – | – |
|
63
Reading International Class A
RDI
$42.3M
| $1.82M | 0.02% |
559,800
| – | – |
|
|
64
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.42M | 0.01% |
3,465
-31,975
| -90% | -$12.8M |
|
65
Cato Corp
CATO
$58.3M
| $932K | 0.01% |
105,445
| – | – |
|
66
Philip Morris
PM
$293B
| $875K | 0.01% |
9,001
-800
| -8% | -$79.7K |
|
|
67
US Bancorp
USB
$96.7B
| $375K | ﹤0.01% |
10,391
-4,760,006
| -100% | -$212M |
|
68
Altria Group
MO
$110B
| $259K | ﹤0.01% |
5,800
| – | – |
|
69
Evolution Petroleum
EPM
$127M
| – | – |
-100,000
| Closed | -$755K |
|
Similar funds
Stephen Yacktman's Q1 2023 Portfolio in Review
As of Q1 2023, Stephen Yacktman held 69 positions worth $10.1B, up 0.77% from $10B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 2.9%. Stephen Yacktman opened 1 new position and exited 1, leaving the 69-position portfolio largely intact.
By sector, the portfolio is most concentrated in Energy at 21% of assets, up from 20% a quarter earlier, followed by Consumer Staples and Communication Services.
- Stephen Yacktman's largest Q1 2023 buy was iShares MSCI South Korea ETF: 584,913 shares worth $35.8M.
- Stephen Yacktman added most to Charles Schwab in Q1 2023, an estimated $147M increase.
- Stephen Yacktman's biggest Q1 2023 reduction was US Bancorp, cutting an estimated $212M.
- Stephen Yacktman fully exited Evolution Petroleum in Q1 2023, selling an estimated $755K.
- Stephen Yacktman's ten largest holdings make up 44% of its $10.1B portfolio in Q1 2023.
- Stephen Yacktman opened 1 new position and closed 1 in Q1 2023.
- Stephen Yacktman's portfolio value rose 0.77% quarter-over-quarter to $10.1B.
Based on Yacktman Asset Management's 13F filing for Q1 2023, filed 8 May 2023.