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 |
iShares MSCI South Korea ETF
EWY
|
+$105M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$18.7M |
| 3 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$15.4M |
| 4 |
Legacy Housing
LEGH
|
+$2.48M |
| 5 |
Copart
CPRT
|
+$1.04M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Warner Bros
WBD
|
+$130M |
| 2 |
Canadian Natural Resources
CNQ
|
+$69.2M |
| 3 |
Microsoft
MSFT
|
+$32.2M |
| 4 |
SCHW
Charles Schwab
SCHW
|
+$24.5M |
| 5 |
Cognizant
CTSH
|
+$23.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 19.22% |
| 2 | Communication Services | 17.29% |
| 3 | Energy | 15.01% |
| 4 | Industrials | 11.21% |
| 5 | Financials | 10.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Canadian Natural Resources
CNQ
$106B
| $636M | 8.9% |
18,775,420
-2,133,091
| -10% | -$69.2M |
|
|
2
Microsoft
MSFT
$3.59T
| $466M | 6.52% |
963,825
-64,193
| -6% | -$32.2M |
|
|
SCHW
3
Charles Schwab
SCHW
$194B
| $393M | 5.51% |
3,936,540
-258,106
| -6% | -$24.5M |
|
4
Fox Class B
FOX
$25.6B
| $362M | 5.06% |
5,569,791
-228,907
| -4% | -$13.4M |
|
5
Alphabet (Google) Class C
GOOG
$4.18T
| $355M | 4.96% |
1,129,807
-36,606
| -3% | -$10.5M |
|
6
PepsiCo
PEP
$196B
| $291M | 4.08% |
2,028,631
-31,682
| -2% | -$4.65M |
|
7
Procter & Gamble
PG
$336B
| $275M | 3.85% |
1,918,353
-23,517
| -1% | -$3.47M |
|
8
U-Haul Holding Co Series N
UHAL.B
$12.3B
| $271M | 3.79% |
5,787,394
-14,226
| -0.2% | -$693K |
|
9
Johnson & Johnson
JNJ
$651B
| $259M | 3.63% |
1,252,646
-34,588
| -3% | -$6.84M |
|
|
10
Cognizant
CTSH
$27.9B
| $248M | 3.47% |
2,983,431
-316,003
| -10% | -$23.6M |
|
11
Reliance Steel & Aluminium
RS
$19.8B
| $200M | 2.8% |
691,626
-10,564
| -2% | -$2.97M |
|
12
News Corp Class A
NWSA
$16.4B
| $191M | 2.68% |
7,329,228
-92,809
| -1% | -$2.43M |
|
13
Berkshire Hathaway Class B
BRK.B
$1.06T
| $157M | 2.2% |
313,033
-7,323
| -2% | -$3.64M |
|
14
Ingredion
INGR
$6.74B
| $157M | 2.2% |
1,423,654
-18,432
| -1% | -$2.08M |
|
15
Walt Disney
DIS
$186B
| $152M | 2.12% |
1,333,916
-23,932
| -2% | -$2.64M |
|
16
Diamondback Energy
FANG
$59B
| $150M | 2.1% |
996,619
-17,849
| -2% | -$2.63M |
|
17
Coca-Cola
KO
$392B
| $147M | 2.06% |
2,108,644
-27,583
| -1% | -$1.92M |
|
18
Tyson Foods
TSN
$20.6B
| $146M | 2.04% |
2,489,380
-59,155
| -2% | -$3.25M |
|
19
ConocoPhillips
COP
$162B
| $145M | 2.03% |
1,549,903
-37,840
| -2% | -$3.42M |
|
20
Armstrong World Industries
AWI
$7.55B
| $142M | 1.98% |
741,742
-17,543
| -2% | -$3.35M |
|
21
Kenvue
KVUE
$36.6B
| $136M | 1.9% |
7,857,496
-82,466
| -1% | -$1.35M |
|
|
TLN
22
Talen Energy Corp
TLN
$15.1B
| $135M | 1.89% |
360,000
-100
| -0% | -$38.9K |
|
23
eBay
EBAY
$46.3B
| $133M | 1.87% |
1,532,330
-44,708
| -3% | -$3.87M |
|
24
EOG Resources
EOG
$80.3B
| $125M | 1.74% |
1,187,019
-32,169
| -3% | -$3.46M |
|
25
L3Harris
LHX
$49.7B
| $120M | 1.68% |
408,227
-8,553
| -2% | -$2.47M |
|
Similar funds
Stephen Yacktman's Q4 2025 Portfolio in Review
As of Q4 2025, Stephen Yacktman held 72 positions worth $7.14B, down 1.6% from $7.26B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Stephen Yacktman withdrew a net $282M in Q4 2025, reducing 50 holdings. Its largest reduction was Warner Bros, cutting an estimated $130M.
By sector, the portfolio is most concentrated in Consumer Staples at 19% of assets, down from 19% a quarter earlier, followed by Communication Services and Energy.
Against the trend, Stephen Yacktman opened a new position in iShares MSCI South Korea ETF worth $111M.
- Stephen Yacktman's largest Q4 2025 buy was iShares MSCI South Korea ETF: 1,144,611 shares worth $111M.
- Stephen Yacktman added most to State Street SPDR S&P 500 ETF Trust in Q4 2025, an estimated $18.7M increase.
- Stephen Yacktman's biggest Q4 2025 reduction was Warner Bros, cutting an estimated $130M.
- Stephen Yacktman's ten largest holdings make up 50% of its $7.14B portfolio in Q4 2025.
- Stephen Yacktman opened 2 new positions and closed 0 in Q4 2025.
- Stephen Yacktman's portfolio value fell 1.6% quarter-over-quarter to $7.14B.
Based on Yacktman Asset Management's 13F filing for Q4 2025, filed 3 Feb 2026.