Yacktman Asset Management Buys News Corp, Fox Corp, SPDR S&P 500 ETF Trust, Sells PepsiCo Inc, Procter & Gamble Co, Exxon Mobil Corp

• Added Positions: NWSA, FOXA, FOX, M, BRK.B, SPY, RDI, PM,
• Reduced Positions: PEP, PG, JNJ, XOM, DIS, MSFT, COP, KO, ORCL, ANTM, SYY, STT, CMCSA, USB, ACA, GS, MU, BRK.A, EAF, HSY, SCHW, CHRW,

For the details of Yacktman Asset Management's stock buys and sells, go to https://www.gurufocus.com/guru/yacktman+asset+management/current-portfolio/portfolio

1. Procter & Gamble Co (PG) - 4,979,559 shares, 7.86% of the total portfolio. Shares reduced by 21.86%
2. PepsiCo Inc (PEP) - 4,444,969 shares, 7.68% of the total portfolio. Shares reduced by 23.95%
3. The Walt Disney Co (DIS) - 3,786,745 shares, 6.92% of the total portfolio. Shares reduced by 12.08%
4. Johnson & Johnson (JNJ) - 3,720,231 shares, 6.86% of the total portfolio. Shares reduced by 19.41%
5. Coca-Cola Co (KO) - 9,414,745 shares, 6.59% of the total portfolio. Shares reduced by 6.67%

Yacktman Asset Management added to a holding in News Corp by 56.09%. The purchase prices were between $12.57 and $14.17, with an estimated average price of $13.45. The stock is now traded at around $13.81. The impact to a portfolio due to this purchase was 1.12%. The holding were 17,384,012 shares as of .

Yacktman Asset Management added to a holding in Fox Corp by 65.89%. The purchase prices were between $30.06 and $37.57, with an estimated average price of $34.36. The stock is now traded at around $38.03. The impact to a portfolio due to this purchase was 0.77%. The holding were 4,135,190 shares as of .

Yacktman Asset Management added to a holding in SPDR S&P 500 ETF Trust by 374.41%. The purchase prices were between $288.06 and $322.94, with an estimated average price of $308.48. The stock is now traded at around $329.06. The impact to a portfolio due to this purchase was 0.02%. The holding were 7,007 shares as of .

Yacktman Asset Management added to a holding in Reading International Inc by 39.47%. The purchase prices were between $10.11 and $12.01, with an estimated average price of $11.15. The stock is now traded at around $10.01. The impact to a portfolio due to this purchase was 0.01%. The holding were 318,000 shares as of .

Yacktman Asset Management reduced to a holding in PepsiCo Inc by 23.95%. The sale prices were between $131.98 and $140.28, with an estimated average price of $136.08. The stock is now traded at around $143.22. The impact to a portfolio due to this sale was -2.36%. Yacktman Asset Management still held 4,444,969 shares as of .

Yacktman Asset Management reduced to a holding in Procter & Gamble Co by 21.86%. The sale prices were between $116.63 and $126.09, with an estimated average price of $122.36. The stock is now traded at around $125.68. The impact to a portfolio due to this sale was -2.13%. Yacktman Asset Management still held 4,979,559 shares as of .

Yacktman Asset Management reduced to a holding in Exxon Mobil Corp by 43.84%. The sale prices were between $66.7 and $73.09, with an estimated average price of $69.16. The stock is now traded at around $59.97. The impact to a portfolio due to this sale was -0.87%. Yacktman Asset Management still held 1,289,440 shares as of .

Yacktman Asset Management reduced to a holding in ConocoPhillips by 35.9%. The sale prices were between $53.07 and $65.03, with an estimated average price of $58.97. The stock is now traded at around $56.49. The impact to a portfolio due to this sale was -0.56%. Yacktman Asset Management still held 1,429,605 shares as of .

Yacktman Asset Management reduced to a holding in Arcosa Inc by 34.46%. The sale prices were between $32.56 and $45.76, with an estimated average price of $38.65. The stock is now traded at around $44.63. The impact to a portfolio due to this sale was -0.09%. Yacktman Asset Management still held 421,554 shares as of .