Portfolio holdings of Yacktman Asset Management. Yacktman Asset Management stock picks:. Stock Holdings page.
Yacktman Asset Management
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LOW PURCHASE PRICE
Yacktman looks for a security that sells at a price that offers an attractive rate of return given uncertainties the business might face.
We are extremely disciplined about the valuation and believe it is often the most important characteristic in a successful investment. At our firm we often say, “It is almost all about the price.” Low price can help to manage risk and create the opportunity for solid returns.
GOOD BUSINESS
We seek to invest in higher quality businesses at value prices.
A good business may contain one or more of the following:
- High market share in principal product and/or service lines
- High cash return on tangible assets
- Relatively low capital requirements, allowing a business to generate cash while growing
- Short customer repurchase cycles and long product cycles
- Unique franchise characteristics
SHAREHOLDER-ORIENTED MANAGEMENT
Yacktman believes a shareholder-oriented management manages its business intelligently and allocates capital wisely.
We consider management’s results at the company and in previous business endeavors when assessing skill.
Yacktman looks for a security that sells at a price that offers an attractive rate of return given uncertainties the business might face.
We are extremely disciplined about the valuation and believe it is often the most important characteristic in a successful investment. At our firm we often say, “It is almost all about the price.” Low price can help to manage risk and create the opportunity for solid returns.
GOOD BUSINESS
We seek to invest in higher quality businesses at value prices.
A good business may contain one or more of the following:
- High market share in principal product and/or service lines
- High cash return on tangible assets
- Relatively low capital requirements, allowing a business to generate cash while growing
- Short customer repurchase cycles and long product cycles
- Unique franchise characteristics
SHAREHOLDER-ORIENTED MANAGEMENT
Yacktman believes a shareholder-oriented management manages its business intelligently and allocates capital wisely.
We consider management’s results at the company and in previous business endeavors when assessing skill.
Period: Q4 2023
Portfolio date: 31 Dec 2023
No. of stocks: 70
Portfolio value: $10,753,849,000
History | Stock | % of Portfolio |
RecentActivity | Shares | ReportedPrice* | Value | Current Price |
+/-Reported Price |
52Week Low |
52Week High |
|
≡ | CNQ - Canadian Natural Resources | 9.10 | Reduce 0.99% | 14,929,792 | $65.52 | $978,200,000 | $77.73 | 18.64% | $50.96 | $82.58 | |
≡ | MSFT - Microsoft Corp. | 5.72 | Reduce 7.69% | 1,636,655 | $376.04 | $615,448,000 | $401.20 | 6.69% | $299.77 | $430.82 | |
≡ | GOOG - Alphabet Inc. CL C | 4.99 | Reduce 7.57% | 3,808,388 | $140.93 | $536,716,000 | $169.14 | 20.02% | $104.50 | $176.42 | |
≡ | UHAL.B - U Haul Holding Co Non Voting | 4.85 | Reduce 0.13% | 7,398,460 | $70.44 | $521,148,000 | $64.68 | -8.18% | $43.49 | $71.47 | |
≡ | SCHW - Charles Schwab Corp. | 4.04 | Reduce 0.63% | 6,316,361 | $68.80 | $434,566,000 | $75.18 | 9.27% | $44.85 | $75.55 | |
≡ | PEP - PepsiCo Inc. | 4.01 | Reduce 0.80% | 2,536,865 | $169.84 | $430,861,000 | $175.57 | 3.37% | $151.16 | $187.02 | |
≡ | NWSA - News Corp. | 3.82 | Reduce 1.11% | 16,739,790 | $24.55 | $410,962,000 | $24.39 | -0.65% | $16.13 | $27.89 | |
≡ | CTSH - Cognizant Technology Solutions | 3.63 | Reduce 3.44% | 5,173,699 | $75.53 | $390,769,000 | $67.25 | -10.96% | $57.03 | $80.09 | |
≡ | PG - Procter & Gamble | 3.44 | Reduce 5.10% | 2,523,944 | $146.54 | $369,859,000 | $160.70 | 9.66% | $138.36 | $164.32 | |
≡ | RS - Reliance Steel & Aluminum | 3.15 | Reduce 1.53% | 1,211,704 | $279.68 | $338,889,000 | $291.35 | 4.17% | $226.69 | $342.20 | |
≡ | STT - State Street Corp. | 2.46 | Reduce 1.78% | 3,419,857 | $77.46 | $264,902,000 | $74.24 | -4.16% | $61.67 | $79.18 | |
≡ | PXD - Pioneer Natural Resources | 2.33 | Reduce 12.65% | 1,114,110 | $224.88 | $250,541,000 | $273.02 | 21.41% | $193.03 | $278.83 | |
≡ | BRK.B - Berkshire Hathaway CL B | 2.27 | Reduce 1.34% | 683,980 | $356.66 | $243,948,000 | $402.84 | 12.95% | $317.41 | $430.00 | |
≡ | INGR - Ingredion Inc. | 2.24 | Reduce 0.38% | 2,215,434 | $108.53 | $240,441,000 | $113.69 | 4.75% | $88.31 | $118.05 | |
≡ | FOX - Fox Corporation CL B | 2.21 | Reduce 1.37% | 8,597,368 | $27.65 | $237,717,000 | $29.19 | 5.57% | $25.53 | $32.31 | |
≡ | JNJ - Johnson & Johnson | 2.21 | Reduce 0.43% | 1,516,513 | $156.74 | $237,698,000 | $146.51 | -6.53% | $142.71 | $172.01 | |
≡ | FANG - Diamondback Energy Inc. | 2.19 | Add 4.50% | 1,520,447 | $155.08 | $235,791,000 | $205.65 | 32.61% | $118.14 | $211.96 | |
≡ | OLN - Olin Corp. | 2.14 | Reduce 0.81% | 4,261,861 | $53.95 | $229,927,000 | $53.74 | -0.39% | $41.37 | $60.60 | |
≡ | EOG - EOG Resources | 2.01 | Add 4.82% | 1,789,433 | $120.95 | $216,432,000 | $135.77 | 12.25% | $102.12 | $138.73 | |
≡ | COP - ConocoPhillips | 1.96 | Reduce 0.28% | 1,817,864 | $116.07 | $210,999,000 | $129.57 | 11.63% | $93.12 | $135.18 | |
≡ | BK - Bank of New York Mellon Corp. | 1.83 | Reduce 0.37% | 3,778,855 | $52.05 | $196,689,000 | $57.56 | 10.59% | $38.31 | $57.85 | |
≡ | NOC - Northrop Grumman Corp. | 1.77 | Reduce 0.57% | 405,617 | $468.14 | $189,886,000 | $484.19 | 3.43% | $411.23 | $492.89 | |
≡ | ELV - Elevance Health Inc. | 1.69 | Reduce 0.40% | 385,821 | $471.56 | $181,938,000 | $537.63 | 14.01% | $408.05 | $542.07 | |
≡ | BKNG - Booking Holdings Inc. | 1.54 | Reduce 19.11% | 46,630 | $3547.22 | $165,407,000 | $3499.15 | -1.36% | $2444.38 | $3897.99 | |
≡ | TSN - Tyson Foods | 1.51 | Reduce 1.05% | 3,022,422 | $53.75 | $162,455,000 | $60.81 | 13.13% | $44.07 | $61.71 | |
≡ | KO - Coca Cola Co. | 1.42 | Reduce 0.30% | 2,591,319 | $58.93 | $152,706,000 | $61.75 | 4.79% | $50.74 | $62.69 | |
≡ | LMT - Lockheed Martin Corp. | 1.40 | Reduce 0.32% | 332,152 | $453.24 | $150,545,000 | $465.38 | 2.68% | $388.14 | $473.54 | |
≡ | DIS - Walt Disney Co. | 1.38 | Reduce 0.76% | 1,648,856 | $90.29 | $148,875,000 | $112.84 | 24.98% | $78.48 | $123.74 | |
≡ | DVN - Devon Energy Corp. | 1.37 | Add 6.86% | 3,253,163 | $45.30 | $147,368,000 | $52.73 | 16.40% | $40.28 | $55.09 | |
≡ | ORCL - Oracle Corp. | 1.34 | Reduce 0.84% | 1,365,198 | $105.43 | $143,933,000 | $116.42 | 10.42% | $92.52 | $132.35 | |
≡ | LHX - L3Harris Technologies Inc. | 1.28 | Reduce 0.13% | 653,768 | $210.62 | $137,697,000 | $214.79 | 1.98% | $158.42 | $217.17 | |
≡ | WFRD - Weatherford International plc | 1.26 | Reduce 37.83% | 1,384,500 | $97.83 | $135,446,000 | $127.03 | 29.85% | $55.81 | $129.70 | |
≡ | EBAY - eBay Inc. | 1.19 | Reduce 0.90% | 2,922,730 | $43.62 | $127,489,000 | $52.50 | 20.36% | $36.52 | $52.93 | |
≡ | WFC - Wells Fargo | 1.17 | Reduce 0.49% | 2,558,451 | $49.22 | $125,927,000 | $60.18 | 22.27% | $35.55 | $61.76 | |
≡ | KVUE - Kenvue Inc | 1.08 | Add 43.33% | 5,409,457 | $21.53 | $116,466,000 | $18.88 | -12.31% | $17.64 | $27.28 | |
≡ | AWI - Armstrong World Industries Inc. | 1.06 | Reduce 0.87% | 1,161,243 | $98.32 | $114,173,000 | $119.10 | 21.14% | $61.46 | $125.56 | |
≡ | SYY - Sysco Corp. | 1.03 | Reduce 0.35% | 1,515,425 | $73.13 | $110,823,000 | $77.12 | 5.46% | $61.43 | $82.37 | |
≡ | CL - Colgate-Palmolive | 0.96 | Reduce 0.24% | 1,301,900 | $79.71 | $103,774,000 | $90.21 | 13.17% | $66.39 | $92.25 | |
≡ | WBD - Warner Bros. Discovery Inc. | 0.85 | Reduce 0.00% | 7,996,117 | $11.38 | $90,996,000 | $8.26 | -27.42% | $8.02 | $14.76 | |
≡ | FOXA - Fox Corporation | 0.72 | Reduce 0.46% | 2,608,580 | $29.67 | $77,397,000 | $31.58 | 6.44% | $28.15 | $34.53 | |
≡ | GS - Goldman Sachs Group | 0.68 | Reduce 0.18% | 190,613 | $385.77 | $73,533,000 | $432.38 | 12.08% | $284.98 | $432.47 | |
≡ | CSCO - Cisco Systems | 0.64 | Reduce 1.14% | 1,365,795 | $50.52 | $69,000,000 | $47.96 | -5.07% | $43.20 | $56.01 | |
≡ | CMCSA - Comcast Corp. | 0.59 | Reduce 0.16% | 1,445,500 | $43.85 | $63,385,000 | $38.80 | -11.52% | $36.43 | $46.42 | |
≡ | EMBC - Embecta Corp | 0.47 | Add 0.77% | 2,671,237 | $18.93 | $50,567,000 | $10.43 | -44.90% | $9.93 | $30.71 | |
≡ | FHB - First Hawaiian Inc. | 0.41 | Add 0.30% | 1,936,687 | $22.86 | $44,273,000 | $21.77 | -4.77% | $14.28 | $22.94 | |
≡ | UHAL - U-Haul Holding Co. | 0.37 | Reduce 18.61% | 548,420 | $71.80 | $39,377,000 | $66.33 | -7.62% | $48.07 | $73.03 | |
≡ | GLW - Corning Inc. | 0.34 | 1,185,500 | $30.45 | $36,098,000 | $31.54 | 3.58% | $24.80 | $35.06 | ||
≡ | MU - Micron Technology Inc. | 0.31 | Reduce 1.21% | 395,600 | $85.34 | $33,761,000 | $113.83 | 33.38% | $58.91 | $130.54 | |
≡ | MAS - Masco Corp. | 0.30 | Add 29.97% | 475,183 | $66.98 | $31,828,000 | $70.20 | 4.81% | $47.47 | $78.94 | |
≡ | SPY - SPDR S&P 500 ETF Trust | 0.26 | Add 609.29% | 57,814 | $475.32 | $27,480,000 | $509.81 | 7.26% | $395.11 | $524.61 | |
≡ | EAF - GrafTech International Ltd. | 0.24 | Add 27.62% | 11,922,290 | $2.19 | $26,110,000 | $1.65 | -24.66% | $1.18 | $5.32 | |
≡ | XOM - Exxon Mobil Corp. | 0.14 | Reduce 1.09% | 145,400 | $99.98 | $14,537,000 | $119.47 | 19.49% | $94.89 | $123.75 | |
≡ | NWS - News Corp. CL B | 0.13 | Reduce 3.52% | 537,527 | $25.72 | $13,825,000 | $25.16 | -2.18% | $16.28 | $28.81 | |
≡ | UL - Unilever PLC | 0.13 | Reduce 2.54% | 290,653 | $48.48 | $14,091,000 | $51.53 | 6.29% | $45.32 | $53.79 | |
≡ | BRK.A - Berkshire Hathaway CL A | 0.07 | 14 | $542642.86 | $7,597,000 | $607250.00 | 11.91% | $482500.00 | $647039.00 | ||
≡ | VZ - Verizon Communications | 0.05 | 150,000 | $37.70 | $5,655,000 | $40.54 | 7.53% | $29.16 | $42.73 | ||
≡ | CLX - Clorox Co. | 0.04 | 31,100 | $142.60 | $4,435,000 | $147.77 | 3.63% | $112.78 | $172.25 | ||
≡ | LEGH - Legacy Housing Corp. | 0.04 | Reduce 3.23% | 150,000 | $25.22 | $3,783,000 | $20.67 | -18.04% | $17.67 | $26.50 | |
≡ | MA - Mastercard Inc. | 0.04 | 11,130 | $426.50 | $4,747,000 | $457.04 | 7.16% | $355.76 | $489.32 | ||
≡ | MCO - Moody's Corp. | 0.03 | 7,670 | $390.61 | $2,996,000 | $375.54 | -3.86% | $293.74 | $406.70 | ||
≡ | CRMT - America's Car Mart Inc. | 0.02 | Add 70.00% | 34,000 | $75.76 | $2,576,000 | $58.50 | -22.78% | $55.00 | $127.96 | |
≡ | HSY - Hershey Co. | 0.02 | 10,200 | $186.47 | $1,902,000 | $187.59 | 0.60% | $177.55 | $272.36 | ||
≡ | AMPY - Amplify Energy Corp. | 0.01 | Reduce 4.08% | 235,000 | $5.93 | $1,394,000 | $7.44 | 25.46% | $3.56 | $8.21 | |
≡ | AMRK - A-Mark Precious Metals Inc. | 0.01 | Add 21.62% | 45,000 | $30.24 | $1,361,000 | $41.05 | 35.75% | $22.75 | $42.06 | |
≡ | CATO - Cato Corp. CL A | 0.01 | 105,445 | $7.14 | $753,000 | $4.77 | -33.19% | $4.56 | $8.13 | ||
≡ | NTRS - Northern Trust Corp. | 0.01 | 9,500 | $84.42 | $802,000 | $83.80 | -0.73% | $60.15 | $89.25 | ||
≡ | PM - Philip Morris Intl. | 0.01 | 7,301 | $94.10 | $687,000 | $95.34 | 1.32% | $84.34 | $99.90 | ||
≡ | RDI - Reading International Inc. | 0.01 | Reduce 1.96% | 500,000 | $1.91 | $955,000 | $1.65 | -13.61% | $1.53 | $3.35 | |
≡ | MO - Altria Group Inc. | 0.00 | 5,800 | $40.34 | $234,000 | $43.74 | 8.43% | $37.33 | $44.02 | ||
≡ | USB - U.S. Bancorp | 0.00 | 7,000 | $43.29 | $303,000 | $41.34 | -4.50% | $25.88 | $44.91 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
Materials | 16.58 | |
Consumer Staples | 13.52 | |
Information Technology | 13.17 | |
Financials | 12.98 | |
Industrials | 9.60 | |
Energy | 9.08 | |
Consumer Discretionary | 6.65 | |
Technology | 6.53 | |
Health Care | 4.37 | |
Services | 3.48 | |
Consumer Goods | 2.37 | |
Industrial Goods | 1.30 | |
NA | 0.26 | |
Consumer Cyclical | 0.06 | |
Communication Services | 0.05 |