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 |
Canadian Natural Resources
CNQ
|
+$130M |
| 2 |
Cognizant
CTSH
|
+$103M |
| 3 |
Unilever
UL
|
+$3.86M |
| 4 |
TREC
Trecora Resources
TREC
|
+$3.43M |
| 5 |
Legacy Housing
LEGH
|
+$888K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$61.5M |
| 2 |
ExxonMobil
XOM
|
+$54.5M |
| 3 |
Macy's
M
|
+$54.1M |
| 4 |
Cisco
CSCO
|
+$31.3M |
| 5 |
Goldman Sachs
GS
|
+$21.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 23.76% |
| 2 | Communication Services | 18.06% |
| 3 | Financials | 16.11% |
| 4 | Technology | 13.31% |
| 5 | Industrials | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PepsiCo
PEP
$196B
| $672M | 6.46% |
4,468,994
-9,689
| -0.2% | -$1.5M |
|
2
Alphabet (Google) Class C
GOOG
$4.18T
| $612M | 5.88% |
4,591,200
-63,040
| -1% | -$8.69M |
|
|
3
Canadian Natural Resources
CNQ
$106B
| $608M | 5.85% |
33,982,155
+7,903,312
| +30% | +$130M |
|
4
Microsoft
MSFT
$3.59T
| $578M | 5.56% |
2,049,102
-42,979
| -2% | -$12.5M |
|
5
Procter & Gamble
PG
$336B
| $449M | 4.31% |
3,208,833
-25,109
| -0.8% | -$3.56M |
|
|
6
Cognizant
CTSH
$27.9B
| $432M | 4.15% |
5,816,135
+1,397,368
| +32% | +$103M |
|
7
Sysco
SYY
$40.2B
| $426M | 4.1% |
5,429,302
-28,974
| -0.5% | -$2.21M |
|
8
News Corp Class A
NWSA
$16.4B
| $377M | 3.63% |
16,031,924
-100,647
| -0.6% | -$2.38M |
|
9
Booking.com
BKNG
$158B
| $375M | 3.6% |
3,946,100
-19,350
| -0.5% | -$1.74M |
|
10
Walt Disney
DIS
$186B
| $361M | 3.47% |
2,132,676
-8,099
| -0.4% | -$1.44M |
|
11
Johnson & Johnson
JNJ
$651B
| $353M | 3.4% |
2,186,447
-6,635
| -0.3% | -$1.13M |
|
12
Coca-Cola
KO
$392B
| $334M | 3.21% |
6,363,956
-11,833
| -0.2% | -$660K |
|
13
Fox Class B
FOX
$25.6B
| $318M | 3.06% |
8,569,128
-43,466
| -0.5% | -$1.49M |
|
14
State Street
STT
$51.4B
| $297M | 2.86% |
3,509,773
-21,100
| -0.6% | -$1.84M |
|
15
U-Haul Holding Co
UHAL
$13.9B
| $287M | 2.76% |
4,449,270
-27,460
| -0.6% | -$1.72M |
|
16
US Bancorp
USB
$96.7B
| $279M | 2.69% |
4,699,793
-24,860
| -0.5% | -$1.42M |
|
|
SCHW
17
Charles Schwab
SCHW
$194B
| $253M | 2.43% |
3,469,928
-11,613
| -0.3% | -$829K |
|
18
Ingredion
INGR
$6.74B
| $232M | 2.23% |
2,605,049
-25,252
| -1% | -$2.22M |
|
19
Tyson Foods
TSN
$20.6B
| $215M | 2.07% |
2,720,814
-6,843
| -0.3% | -$517K |
|
20
Wells Fargo
WFC
$254B
| $211M | 2.03% |
4,547,724
-33,692
| -0.7% | -$1.56M |
|
21
Berkshire Hathaway Class B
BRK.B
$1.06T
| $201M | 1.93% |
734,846
-7,302
| -1% | -$2.05M |
|
22
Huntsman Corp
HUN
$1.75B
| $198M | 1.9% |
6,689,809
-27,515
| -0.4% | -$724K |
|
|
BNY
23
Bank of New York Mellon
BNY
$108B
| $198M | 1.9% |
3,812,079
-22,350
| -0.6% | -$1.16M |
|
24
Oracle
ORCL
$422B
| $160M | 1.54% |
1,832,770
-44,215
| -2% | -$3.91M |
|
25
Northrop Grumman
NOC
$78.3B
| $158M | 1.52% |
437,931
-3,299
| -0.7% | -$1.19M |
|
Similar funds
Stephen Yacktman's Q3 2021 Portfolio in Review
As of Q3 2021, Stephen Yacktman held 64 positions worth $10.4B, up 0.88% from $10.3B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Trading was light in Q3 2021: portfolio turnover was 3.1%. Stephen Yacktman opened no new positions and exited 2, leaving the 64-position portfolio largely intact.
By sector, the portfolio is most concentrated in Consumer Staples at 24% of assets, down from 24% a quarter earlier, followed by Communication Services and Financials.
- Stephen Yacktman added most to Canadian Natural Resources in Q3 2021, an estimated $130M increase.
- Stephen Yacktman's biggest Q3 2021 reduction was ConocoPhillips, cutting an estimated $61.5M.
- Stephen Yacktman fully exited Ralph Lauren in Q3 2021, selling an estimated $7.77M.
- Stephen Yacktman's ten largest holdings make up 47% of its $10.4B portfolio in Q3 2021.
- Stephen Yacktman opened 0 new positions and closed 2 in Q3 2021.
- Stephen Yacktman's portfolio value rose 0.88% quarter-over-quarter to $10.4B.
Based on Yacktman Asset Management's 13F filing for Q3 2021, filed 1 Nov 2021.