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 |
Comcast
CMCSA
|
+$132M |
| 2 |
Hewlett Packard
HPE
|
+$40.4M |
| 3 |
America's Car Mart
CRMT
|
+$7.3M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$636K |
| 5 |
RAVN
Raven Industries Inc
RAVN
|
+$17.4K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$458M |
| 2 |
PepsiCo
PEP
|
+$343M |
| 3 |
Microsoft
MSFT
|
+$220M |
| 4 |
Sysco
SYY
|
+$215M |
| 5 |
Coca-Cola
KO
|
+$211M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 41.03% |
| 2 | Technology | 19.71% |
| 3 | Communication Services | 16.54% |
| 4 | Healthcare | 10.22% |
| 5 | Financials | 6.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Procter & Gamble
PG
$336B
| $1.74B | 13.14% |
21,858,570
-5,990,074
| -22% | -$458M |
|
|
2
PepsiCo
PEP
$196B
| $1.44B | 10.87% |
14,361,804
-3,435,077
| -19% | -$343M |
|
|
TFCFA
3
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.05B | 7.95% |
38,669,101
-1,942,142
| -5% | -$56.3M |
|
|
4
Coca-Cola
KO
$392B
| $856M | 6.48% |
19,918,068
-4,972,671
| -20% | -$211M |
|
|
5
Sysco
SYY
$40.2B
| $843M | 6.39% |
20,571,055
-5,244,734
| -20% | -$215M |
|
6
Cisco
CSCO
$438B
| $843M | 6.38% |
31,043,403
-5,070,745
| -14% | -$140M |
|
7
Oracle
ORCL
$422B
| $835M | 6.32% |
22,852,319
-3,507,537
| -13% | -$134M |
|
|
TFCF
8
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $800M | 6.05% |
29,361,821
-2,973,014
| -9% | -$87.3M |
|
9
Johnson & Johnson
JNJ
$651B
| $752M | 5.69% |
7,316,129
-244,205
| -3% | -$24.6M |
|
|
10
Microsoft
MSFT
$3.59T
| $717M | 5.43% |
12,932,358
-4,179,471
| -24% | -$220M |
|
11
ExxonMobil
XOM
$679B
| $333M | 2.52% |
4,266,560
-1,627,230
| -28% | -$130M |
|
12
US Bancorp
USB
$96.7B
| $302M | 2.28% |
7,067,060
-1,809,201
| -20% | -$77.3M |
|
|
BNY
13
Bank of New York Mellon
BNY
$108B
| $245M | 1.86% |
5,953,376
-633,220
| -10% | -$26.6M |
|
|
BCR
14
DELISTED
CR Bard Inc.
BCR
| $243M | 1.84% |
1,283,759
-180,466
| -12% | -$33.8M |
|
15
ConocoPhillips
COP
$162B
| $218M | 1.65% |
4,661,296
-1,060,516
| -19% | -$55.4M |
|
|
VIAB
16
DELISTED
Viacom Inc. Class B
VIAB
| $211M | 1.6% |
5,122,201
-3,185,249
| -38% | -$149M |
|
17
C.H. Robinson
CHRW
$16.5B
| $192M | 1.45% |
3,095,797
-1,886,826
| -38% | -$127M |
|
18
Stryker
SYK
$126B
| $192M | 1.45% |
2,061,165
-1,082,585
| -34% | -$104M |
|
19
Elevance Health
ELV
$86.9B
| $147M | 1.11% |
1,054,313
-26,547
| -2% | -$3.66M |
|
|
AVP
20
DELISTED
Avon Products, Inc.
AVP
| $142M | 1.07% |
34,998,500
-3,083,192
| -8% | -$11.3M |
|
|
21
Comcast
CMCSA
$95.3B
| $123M | 0.93% |
+4,375,900
| New | +$132M |
|
22
Wells Fargo
WFC
$254B
| $115M | 0.87% |
2,118,631
-227,105
| -10% | -$12.3M |
|
23
Walmart Inc
WMT
$825B
| $115M | 0.87% |
5,628,198
-153,375
| -3% | -$3.08M |
|
24
State Street
STT
$51.4B
| $111M | 0.84% |
1,675,800
-267,700
| -14% | -$18.6M |
|
|
UN
25
DELISTED
Unilever NV New York Registry Shares
UN
| $104M | 0.79% |
2,397,533
-1,796,421
| -43% | -$78.7M |
|
Similar funds
Stephen Yacktman's Q4 2015 Portfolio in Review
As of Q4 2015, Stephen Yacktman held 50 positions worth $13.2B, down 13% from $15.2B the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Stephen Yacktman withdrew a net $2.87B in Q4 2015, closing 4 positions and reducing 36 holdings. Its most notable exit was COMCAST CORP SPL A (NEW), an estimated $178M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 41% of assets, down from 42% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Stephen Yacktman opened a new position in Comcast worth $123M.
- Stephen Yacktman's largest Q4 2015 buy was Comcast: 4,375,900 shares worth $123M.
- Stephen Yacktman added most to America's Car Mart in Q4 2015, an estimated $7.3M increase.
- Stephen Yacktman's biggest Q4 2015 reduction was Procter & Gamble, cutting an estimated $458M.
- Stephen Yacktman fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $178M.
- Stephen Yacktman's ten largest holdings make up 75% of its $13.2B portfolio in Q4 2015.
- Stephen Yacktman opened 3 new positions and closed 4 in Q4 2015.
- Stephen Yacktman's portfolio value fell 13% quarter-over-quarter to $13.2B.
Based on Yacktman Asset Management's 13F filing for Q4 2015, filed 4 Feb 2016.