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 |
BNY
Bank of New York Mellon
BNY
|
+$1.4M |
| 2 |
State Street
STT
|
+$896K |
| 3 |
Hewlett Packard
HPE
|
+$610K |
| 4 |
Goldman Sachs
GS
|
+$468K |
| 5 |
HP
HPQ
|
+$434K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$288M |
| 2 |
Sysco
SYY
|
+$122M |
| 3 |
BCR
CR Bard Inc.
BCR
|
+$102M |
| 4 |
Coca-Cola
KO
|
+$64M |
| 5 |
Stryker
SYK
|
+$61M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 38.74% |
| 2 | Technology | 20.67% |
| 3 | Communication Services | 17.86% |
| 4 | Healthcare | 10.97% |
| 5 | Financials | 6.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Procter & Gamble
PG
$336B
| $1.59B | 13.16% |
18,778,145
-666,777
| -3% | -$54.7M |
|
|
2
PepsiCo
PEP
$196B
| $1.12B | 9.31% |
10,614,023
-2,790,910
| -21% | -$288M |
|
|
TFCFA
3
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.08B | 8.97% |
40,063,686
-289,860
| -0.7% | -$8.44M |
|
4
Oracle
ORCL
$422B
| $825M | 6.83% |
20,161,631
-20,391
| -0.1% | -$814K |
|
5
Johnson & Johnson
JNJ
$651B
| $809M | 6.7% |
6,671,349
-409,151
| -6% | -$46.5M |
|
6
Cisco
CSCO
$438B
| $808M | 6.69% |
28,148,032
-1,182,129
| -4% | -$33.2M |
|
|
7
Coca-Cola
KO
$392B
| $765M | 6.33% |
16,876,233
-1,417,002
| -8% | -$64M |
|
|
TFCF
8
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $762M | 6.31% |
27,975,629
-139,664
| -0.5% | -$4.08M |
|
|
9
Sysco
SYY
$40.2B
| $753M | 6.23% |
14,831,661
-2,526,473
| -15% | -$122M |
|
10
Microsoft
MSFT
$3.59T
| $641M | 5.31% |
12,524,050
-20,328
| -0.2% | -$1.06M |
|
11
ExxonMobil
XOM
$679B
| $324M | 2.68% |
3,451,825
-679,311
| -16% | -$60.1M |
|
12
US Bancorp
USB
$96.7B
| $283M | 2.34% |
7,018,632
-5,196
| -0.1% | -$216K |
|
|
BNY
13
Bank of New York Mellon
BNY
$108B
| $232M | 1.92% |
5,980,155
+35,115
| +0.6% | +$1.4M |
|
|
BCR
14
DELISTED
CR Bard Inc.
BCR
| $190M | 1.57% |
806,300
-470,594
| -37% | -$102M |
|
15
ConocoPhillips
COP
$162B
| $188M | 1.55% |
4,302,886
-50,066
| -1% | -$2.21M |
|
|
VIAB
16
DELISTED
Viacom Inc. Class B
VIAB
| $181M | 1.5% |
4,359,268
-86,028
| -2% | -$3.56M |
|
|
17
Stryker
SYK
$126B
| $168M | 1.39% |
1,402,704
-545,870
| -28% | -$61M |
|
18
Elevance Health
ELV
$86.9B
| $139M | 1.15% |
1,056,204
+815
| +0.1% | +$112K |
|
19
Comcast
CMCSA
$95.3B
| $130M | 1.08% |
3,995,100
-400,800
| -9% | -$12.4M |
|
|
UN
20
DELISTED
Unilever NV New York Registry Shares
UN
| $109M | 0.9% |
2,324,301
-13,096
| -0.6% | -$587K |
|
21
Wells Fargo
WFC
$254B
| $101M | 0.83% |
2,127,795
+2,863
| +0.1% | +$140K |
|
22
Colgate-Palmolive
CL
$72.6B
| $98.9M | 0.82% |
1,351,400
+4,800
| +0.4% | +$342K |
|
|
AVP
23
DELISTED
Avon Products, Inc.
AVP
| $96.8M | 0.8% |
25,605,741
-2,537,301
| -9% | -$10.9M |
|
|
24
State Street
STT
$51.4B
| $91.2M | 0.75% |
1,690,800
+15,000
| +0.9% | +$896K |
|
25
Walmart Inc
WMT
$825B
| $88.3M | 0.73% |
3,629,052
-1,327,986
| -27% | -$30.7M |
|
Similar funds
Stephen Yacktman's Q2 2016 Portfolio in Review
As of Q2 2016, Stephen Yacktman held 45 positions worth $12.1B, down 6% from $12.8B the previous quarter. Its ten largest holdings account for 76% of the portfolio.
Stephen Yacktman withdrew a net $980M in Q2 2016, reducing 29 holdings. Its largest reduction was PepsiCo, cutting an estimated $288M.
By sector, the portfolio is most concentrated in Consumer Staples at 39% of assets, down from 40% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Stephen Yacktman added an estimated $1.4M to Bank of New York Mellon.
- Stephen Yacktman added most to Bank of New York Mellon in Q2 2016, an estimated $1.4M increase.
- Stephen Yacktman's biggest Q2 2016 reduction was PepsiCo, cutting an estimated $288M.
- Stephen Yacktman's ten largest holdings make up 76% of its $12.1B portfolio in Q2 2016.
- Stephen Yacktman opened 0 new positions and closed 0 in Q2 2016.
- Stephen Yacktman's portfolio value fell 6% quarter-over-quarter to $12.1B.
Based on Yacktman Asset Management's 13F filing for Q2 2016, filed 1 Aug 2016.