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 |
Tyson Foods
TSN
|
+$162M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$155M |
| 3 |
Ingredion
INGR
|
+$116M |
| 4 |
Unilever
UL
|
+$14.6M |
| 5 |
TREC
Trecora Resources
TREC
|
+$1.46M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$101M |
| 2 |
Macy's
M
|
+$85M |
| 3 |
Fox Class A
FOXA
|
+$67.9M |
| 4 |
Fox Class B
FOX
|
+$59.2M |
| 5 |
Procter & Gamble
PG
|
+$18.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 27.45% |
| 2 | Communication Services | 21.13% |
| 3 | Financials | 14.99% |
| 4 | Technology | 14.08% |
| 5 | Consumer Discretionary | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PepsiCo
PEP
$196B
| $481M | 5.95% |
3,244,727
-59,449
| -2% | -$8.45M |
|
2
Sysco
SYY
$40.2B
| $440M | 5.44% |
5,924,876
-86,900
| -1% | -$5.98M |
|
|
3
Procter & Gamble
PG
$336B
| $437M | 5.41% |
3,142,705
-129,890
| -4% | -$18.2M |
|
|
4
Walt Disney
DIS
$186B
| $427M | 5.28% |
2,356,885
-702,672
| -23% | -$101M |
|
5
Microsoft
MSFT
$3.59T
| $410M | 5.07% |
1,844,041
-42,030
| -2% | -$9.04M |
|
6
Alphabet (Google) Class C
GOOG
$4.18T
| $407M | 5.03% |
4,645,720
-44,000
| -0.9% | -$3.71M |
|
7
News Corp Class A
NWSA
$16.4B
| $385M | 4.76% |
21,435,965
-247,157
| -1% | -$3.99M |
|
8
Booking.com
BKNG
$158B
| $365M | 4.51% |
4,094,550
-50,100
| -1% | -$3.87M |
|
9
Cognizant
CTSH
$27.9B
| $357M | 4.42% |
4,358,152
-44,941
| -1% | -$3.42M |
|
10
Coca-Cola
KO
$392B
| $351M | 4.34% |
6,403,245
-87,341
| -1% | -$4.52M |
|
11
Johnson & Johnson
JNJ
$651B
| $342M | 4.23% |
2,173,032
-33,931
| -2% | -$5.01M |
|
|
12
Macy's
M
$6B
| $283M | 3.5% |
25,153,751
-9,937,911
| -28% | -$85M |
|
|
13
Fox Class B
FOX
$25.6B
| $262M | 3.24% |
9,076,330
-2,135,819
| -19% | -$59.2M |
|
14
State Street
STT
$51.4B
| $256M | 3.16% |
3,514,589
-37,973
| -1% | -$2.58M |
|
15
US Bancorp
USB
$96.7B
| $218M | 2.69% |
4,670,254
-12,115
| -0.3% | -$513K |
|
|
16
Ingredion
INGR
$6.74B
| $188M | 2.33% |
2,395,805
+1,504,093
| +169% | +$116M |
|
|
SCHW
17
Charles Schwab
SCHW
$194B
| $184M | 2.27% |
3,462,106
+3,417,906
| +7,733% | +$155M |
|
18
Huntsman Corp
HUN
$1.75B
| $169M | 2.09% |
6,733,145
-110,520
| -2% | -$2.74M |
|
|
19
Tyson Foods
TSN
$20.6B
| $168M | 2.07% |
+2,599,637
| New | +$162M |
|
|
BNY
20
Bank of New York Mellon
BNY
$108B
| $161M | 1.99% |
3,795,597
-5,301
| -0.1% | -$204K |
|
21
Wells Fargo
WFC
$254B
| $137M | 1.7% |
4,547,283
-25,820
| -0.6% | -$668K |
|
|
22
Fox Class A
FOXA
$28.8B
| $134M | 1.66% |
4,598,786
-2,431,328
| -35% | -$67.9M |
|
23
Elevance Health
ELV
$86.9B
| $128M | 1.58% |
398,746
-1,048
| -0.3% | -$322K |
|
24
Cisco
CSCO
$438B
| $127M | 1.56% |
2,828,169
-41,082
| -1% | -$1.69M |
|
25
Oracle
ORCL
$422B
| $125M | 1.54% |
1,926,633
-32,152
| -2% | -$1.91M |
|
Similar funds
Stephen Yacktman's Q4 2020 Portfolio in Review
As of Q4 2020, Stephen Yacktman held 63 positions worth $8.09B, up 20% from $6.74B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Stephen Yacktman's Q4 2020 filing shows 3 new, 11 increased, 36 reduced and 2 closed positions. Its largest new stake was Tyson Foods: 2,599,637 shares worth $168M. The largest sale was Walt Disney, an estimated $101M.
By sector, the portfolio is most concentrated in Consumer Staples at 27% of assets, up from 27% a quarter earlier, followed by Communication Services and Financials.
- Stephen Yacktman's largest Q4 2020 buy was Tyson Foods: 2,599,637 shares worth $168M.
- Stephen Yacktman added most to Charles Schwab in Q4 2020, an estimated $155M increase.
- Stephen Yacktman's biggest Q4 2020 reduction was Walt Disney, cutting an estimated $101M.
- Stephen Yacktman fully exited Unilever NV New York Registry Shares in Q4 2020, selling an estimated $15M.
- Stephen Yacktman's ten largest holdings make up 50% of its $8.09B portfolio in Q4 2020.
- Stephen Yacktman opened 3 new positions and closed 2 in Q4 2020.
- Stephen Yacktman's portfolio value rose 20% quarter-over-quarter to $8.09B.
Based on Yacktman Asset Management's 13F filing for Q4 2020, filed 1 Feb 2021.