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 |
Reliance Steel & Aluminium
RS
|
+$163M |
| 2 |
Canadian Natural Resources
CNQ
|
+$16M |
| 3 |
Cognizant
CTSH
|
+$7.28M |
| 4 |
Johnson & Johnson
JNJ
|
+$3.97M |
| 5 |
News Corp Class A
NWSA
|
+$3.73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Macy's
M
|
+$98.9M |
| 2 |
Walt Disney
DIS
|
+$57.9M |
| 3 |
Sysco
SYY
|
+$49.1M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$48.1M |
| 5 |
Huntsman Corp
HUN
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 24.11% |
| 2 | Financials | 15.77% |
| 3 | Communication Services | 15.51% |
| 4 | Technology | 14.32% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PepsiCo
PEP
$196B
| $774M | 6.9% |
4,455,450
-13,544
| -0.3% | -$2.21M |
|
|
2
Canadian Natural Resources
CNQ
$106B
| $719M | 6.41% |
34,770,692
+788,537
| +2% | +$16M |
|
3
Microsoft
MSFT
$3.59T
| $688M | 6.13% |
2,046,603
-2,499
| -0.1% | -$810K |
|
|
4
Alphabet (Google) Class C
GOOG
$4.18T
| $616M | 5.49% |
4,258,560
-332,640
| -7% | -$48.1M |
|
5
Procter & Gamble
PG
$336B
| $525M | 4.68% |
3,209,632
+799
| +0% | +$119K |
|
|
6
Cognizant
CTSH
$27.9B
| $524M | 4.67% |
5,906,710
+90,575
| +2% | +$7.28M |
|
7
Coca-Cola
KO
$392B
| $379M | 3.38% |
6,401,059
+37,103
| +0.6% | +$2.07M |
|
|
8
Johnson & Johnson
JNJ
$651B
| $378M | 3.37% |
2,210,717
+24,270
| +1% | +$3.97M |
|
9
Booking.com
BKNG
$158B
| $377M | 3.36% |
3,925,675
-20,425
| -0.5% | -$1.94M |
|
|
10
Sysco
SYY
$40.2B
| $376M | 3.35% |
4,791,629
-637,673
| -12% | -$49.1M |
|
|
11
News Corp Class A
NWSA
$16.4B
| $361M | 3.22% |
16,195,304
+163,380
| +1% | +$3.73M |
|
12
State Street
STT
$51.4B
| $328M | 2.92% |
3,529,120
+19,347
| +0.6% | +$1.82M |
|
13
U-Haul Holding Co
UHAL
$13.9B
| $326M | 2.9% |
4,488,570
+39,300
| +0.9% | +$2.83M |
|
14
Fox Class B
FOX
$25.6B
| $297M | 2.64% |
8,659,010
+89,882
| +1% | +$3.29M |
|
|
SCHW
15
Charles Schwab
SCHW
$194B
| $294M | 2.62% |
3,491,388
+21,460
| +0.6% | +$1.74M |
|
|
16
Walt Disney
DIS
$186B
| $275M | 2.45% |
1,774,306
-358,370
| -17% | -$57.9M |
|
17
US Bancorp
USB
$96.7B
| $267M | 2.37% |
4,744,546
+44,753
| +1% | +$2.65M |
|
18
Ingredion
INGR
$6.74B
| $254M | 2.27% |
2,632,849
+27,800
| +1% | +$2.67M |
|
19
Tyson Foods
TSN
$20.6B
| $240M | 2.14% |
2,752,267
+31,453
| +1% | +$2.59M |
|
|
BNY
20
Bank of New York Mellon
BNY
$108B
| $223M | 1.99% |
3,835,553
+23,474
| +0.6% | +$1.35M |
|
21
Berkshire Hathaway Class B
BRK.B
$1.06T
| $222M | 1.98% |
743,887
+9,041
| +1% | +$2.59M |
|
22
Wells Fargo
WFC
$254B
| $219M | 1.95% |
4,568,481
+20,757
| +0.5% | +$1.02M |
|
|
23
Huntsman Corp
HUN
$1.75B
| $203M | 1.8% |
5,805,991
-883,818
| -13% | -$28.8M |
|
24
Elevance Health
ELV
$86.9B
| $188M | 1.67% |
404,514
+2,206
| +0.5% | +$928K |
|
25
Northrop Grumman
NOC
$78.3B
| $171M | 1.53% |
442,198
+4,267
| +1% | +$1.59M |
|
Similar funds
Stephen Yacktman's Q4 2021 Portfolio in Review
As of Q4 2021, Stephen Yacktman held 64 positions worth $11.2B, up 7.9% from $10.4B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Trading was light in Q4 2021: portfolio turnover was 3.1%. Stephen Yacktman opened 2 new positions and made no exits, leaving the 64-position portfolio largely intact.
By sector, the portfolio is most concentrated in Consumer Staples at 24% of assets, up from 24% a quarter earlier, followed by Financials and Communication Services.
- Stephen Yacktman's largest Q4 2021 buy was Reliance Steel & Aluminium: 1,053,500 shares worth $171M.
- Stephen Yacktman added most to Canadian Natural Resources in Q4 2021, an estimated $16M increase.
- Stephen Yacktman's biggest Q4 2021 reduction was Macy's, cutting an estimated $98.9M.
- Stephen Yacktman's ten largest holdings make up 48% of its $11.2B portfolio in Q4 2021.
- Stephen Yacktman opened 2 new positions and closed 0 in Q4 2021.
- Stephen Yacktman's portfolio value rose 7.9% quarter-over-quarter to $11.2B.
Based on Yacktman Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.