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Donald Yacktman Q2 Update: RIMM, CSCO, NWSA, PG, MSFT, Sells DELL, LUK

gurufocus

gurufocus

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Donald Yacktman buys Cisco Systems Inc., News Corp., Procter & Gamble Co., Microsoft Corp., Research In Motion Ltd., Hewlettpackard Co., U.s. Bancorp, Exxon Mobil Corp., Walmart Stores, Johnson & Johnson, Sysco Corp., C.r. Bard Inc., Apollo Group Inc., Pepsico Inc., Bank Of New York Mellon, Cocacola Co., Viacom, Conocophillips, Pfizer Inc., Becton Dickinson & Co., Comcast Corp. Special, Berkshire Hathaway B, sells Dell Inc., Leucadia National Corp. during the 3-months ended 06/30/2011, according to the most recent filings of his investment company, Yacktman Asset Management Co.. Yacktman Funds just reported their Q2 portfolio. As commented in their latest shareholder letter, Yacktman likes media, consumer staples, healthcare and old tech. A very noteworthy new position with Yacktman Fund is Research-in-Motion. This is certainly a typical contrary play for Yacktman, besides Cisco. But the managers are certainly selective. They sold their position in Dell.

With excellent performances, Yacktman Funds has seen tremendous fund inflows. As of 06/30/2011, Yacktman Asset Management Co. owns 58 stocks with a total value of $9.5 billion. These are the details of the buys and sells.

This is the portfolio chart of Donald Yacktman. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Donald Yacktman's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Donald+Yacktman

This is the sector weightings of his portfolio:

Consumer Services 29.7%
Consumer Goods 27.5%
Technology 16.5%
Health Care 16.3%
Oil & Gas 5.1%
Financials 4.1%
Industrials 0.8%


These are the top 5 holdings of Donald Yacktman

  1. News Corp. (NWSA) - 66,299,024 shares, 12.3535% of the total portfolio. Shares added by 13.49%
  2. PepsiCo Inc. (PEP) - 15,107,709 shares, 11.2013% of the total portfolio. Shares added by 3.11%
  3. Procter & Gamble Co. (PG) - 11,231,508 shares, 7.5162% of the total portfolio. Shares added by 19.45%
  4. Microsoft Corp. (MSFT) - 25,761,396 shares, 7.051% of the total portfolio. Shares added by 20.19%
  5. CocaCola Co. (KO) - 6,984,422 shares, 4.9476% of the total portfolio. Shares added by 4.3%


Added: Cisco Systems Inc. (CSCO)

Donald Yacktman added to his holdings in Cisco Systems Inc. by 168.76%. His purchase prices were between $14.84 and $18.07, with an estimated average price of $16.49. The impact to his portfolio due to this purchase was 3.06%. His holdings were 29,611,625 shares as of 06/30/2011.

Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $87.84 billion; its shares were traded at around $15.97 with a P/E ratio of 11.17 and P/S ratio of 2.19. The dividend yield of Cisco Systems Inc. stocks is 1.5%. Cisco Systems Inc. had an annual average earnings growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.

Added: News Corp. (NWSA)

Donald Yacktman added to his holdings in News Corp. by 13.49%. His purchase prices were between $16.05 and $18.34, with an estimated average price of $17.23. The impact to his portfolio due to this purchase was 1.47%. His holdings were 66,299,024 shares as of 06/30/2011.

NEWS CORPORATION is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. News Corp. has a market cap of $29.29 billion; its shares were traded at around $16.02 with a P/E ratio of 16.02 and P/S ratio of 0.89. The dividend yield of News Corp. stocks is 0.94%.

Added: Procter & Gamble Co. (PG)

Donald Yacktman added to his holdings in Procter & Gamble Co. by 19.45%. His purchase prices were between $61.67 and $67.46, with an estimated average price of $64.73. The impact to his portfolio due to this purchase was 1.22%. His holdings were 11,231,508 shares as of 06/30/2011.

The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. Procter & Gamble Co. has a market cap of $171.64 billion; its shares were traded at around $61.49 with a P/E ratio of 16.1 and P/S ratio of 2.17. The dividend yield of Procter & Gamble Co. stocks is 3.42%. Procter & Gamble Co. had an annual average earnings growth of 12.3% over the past 10 years. GuruFocus rated Procter & Gamble Co. the business predictability rank of 3.5-star.

Added: Microsoft Corp. (MSFT)

Donald Yacktman added to his holdings in Microsoft Corp. by 20.19%. His purchase prices were between $23.705 and $26.71, with an estimated average price of $25.04. The impact to his portfolio due to this purchase was 1.18%. His holdings were 25,761,396 shares as of 06/30/2011.

Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft Corp. has a market cap of $231.06 billion; its shares were traded at around $27.4 with a P/E ratio of 10.38 and P/S ratio of 3.3. The dividend yield of Microsoft Corp. stocks is 2.34%. Microsoft Corp. had an annual average earnings growth of 12.6% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 3-star.

Added: Hewlettpackard Co. (HPQ)

Donald Yacktman added to his holdings in Hewlettpackard Co. by 49.28%. His purchase prices were between $34.26 and $41.57, with an estimated average price of $38.09. The impact to his portfolio due to this purchase was 0.83%. His holdings were 6,543,446 shares as of 06/30/2011.

Hewlett Packard is one of the global providers of computing and imaging solutions and services for business and home. Hewlettpackard Co. has a market cap of $72.95 billion; its shares were traded at around $35.17 with a P/E ratio of 7.02 and P/S ratio of 0.58. The dividend yield of Hewlettpackard Co. stocks is 1.36%. Hewlettpackard Co. had an annual average earnings growth of 22.5% over the past 5 years.

Added: U.s. Bancorp (USB)

Donald Yacktman added to his holdings in U.s. Bancorp by 39.83%. His purchase prices were between $23.85 and $26.9, with an estimated average price of $25.17. The impact to his portfolio due to this purchase was 0.82%. His holdings were 10,719,059 shares as of 06/30/2011.

U.S. Bancorp is a financial services holding company. U.s. Bancorp has a market cap of $50.21 billion; its shares were traded at around $26.06 with a P/E ratio of 12.77 and P/S ratio of 2.45. The dividend yield of U.s. Bancorp stocks is 1.92%. U.s. Bancorp had an annual average earnings growth of 1.6% over the past 10 years.

Added: Exxon Mobil Corp. (XOM)

Donald Yacktman added to his holdings in Exxon Mobil Corp. by 75.33%. His purchase prices were between $76.78 and $87.98, with an estimated average price of $82.35. The impact to his portfolio due to this purchase was 0.7%. His holdings were 1,907,997 shares as of 06/30/2011.

Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $393.05 billion; its shares were traded at around $79.79 with a P/E ratio of 10.48 and P/S ratio of 1.03. The dividend yield of Exxon Mobil Corp. stocks is 2.36%. Exxon Mobil Corp. had an annual average earnings growth of 9.1% over the past 10 years.

Added: Walmart Stores (WMT)

Donald Yacktman added to his holdings in Walmart Stores by 56.07%. His purchase prices were between $52.13 and $56.06, with an estimated average price of $53.92. The impact to his portfolio due to this purchase was 0.58%. His holdings were 2,899,159 shares as of 06/30/2011.

Wal-Mart Stores, Inc. is the world's largest retailer. Walmart Stores has a market cap of $183.04 billion; its shares were traded at around $52.71 with a P/E ratio of 12.58 and P/S ratio of 0.43. The dividend yield of Walmart Stores stocks is 2.77%. Walmart Stores had an annual average earnings growth of 11.1% over the past 10 years. GuruFocus rated Walmart Stores the business predictability rank of 5-star.

Added: Johnson & Johnson (JNJ)

Donald Yacktman added to his holdings in Johnson & Johnson by 13.75%. His purchase prices were between $59.46 and $67.29, with an estimated average price of $64.8. The impact to his portfolio due to this purchase was 0.5%. His holdings were 5,935,688 shares as of 06/30/2011.

Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $177.6 billion; its shares were traded at around $64.79 with a P/E ratio of 13.25 and P/S ratio of 2.88. The dividend yield of Johnson & Johnson stocks is 3.52%. Johnson & Johnson had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4-star.

Added: Sysco Corp. (SYY)

Donald Yacktman added to his holdings in Sysco Corp. by 12.47%. His purchase prices were between $27.88 and $32.65, with an estimated average price of $30.35. The impact to his portfolio due to this purchase was 0.45%. His holdings were 12,249,689 shares as of 06/30/2011.

Sysco Corporation is the largest North American distributor of food and food related products to the foodservice or `food-prepared-away-from-home` industry. Sysco Corp. has a market cap of $17.85 billion; its shares were traded at around $30.59 with a P/E ratio of 16.27 and P/S ratio of 0.48. The dividend yield of Sysco Corp. stocks is 3.4%. Sysco Corp. had an annual average earnings growth of 8.6% over the past 10 years. GuruFocus rated Sysco Corp. the business predictability rank of 3.5-star.

Added: C.r. Bard Inc. (BCR)

Donald Yacktman added to his holdings in C.r. Bard Inc. by 15.92%. His purchase prices were between $99.88 and $112.91, with an estimated average price of $107.08. The impact to his portfolio due to this purchase was 0.44%. His holdings were 2,758,705 shares as of 06/30/2011.

C.R. Bard, Inc. is one of the worldwide leaders in developing, manufacturing, and supplying healthcare products that focus on Vascular, Urology, and Oncology Disease States. C.r. Bard Inc. has a market cap of $8.45 billion; its shares were traded at around $98.68 with a P/E ratio of 16.31 and P/S ratio of 3.11. The dividend yield of C.r. Bard Inc. stocks is 0.77%. C.r. Bard Inc. had an annual average earnings growth of 15.6% over the past 10 years. GuruFocus rated C.r. Bard Inc. the business predictability rank of 5-star.

Added: Apollo Group Inc. (APOL)

Donald Yacktman added to his holdings in Apollo Group Inc. by 28.46%. His purchase prices were between $38.68 and $46.9, with an estimated average price of $41.62. The impact to his portfolio due to this purchase was 0.41%. His holdings were 3,996,418 shares as of 06/30/2011.

Apollo Group, Inc. has been providing higher education to working adults for over 25 years. Apollo Group Inc. has a market cap of $7.17 billion; its shares were traded at around $50.83 with a P/E ratio of 9.74 and P/S ratio of 1.46. Apollo Group Inc. had an annual average earnings growth of 23.8% over the past 10 years. GuruFocus rated Apollo Group Inc. the business predictability rank of 4-star.

Added: Pepsico Inc. (PEP)

Donald Yacktman added to his holdings in Pepsico Inc. by 3.11%. His purchase prices were between $65.09 and $71.78, with an estimated average price of $68.83. The impact to his portfolio due to this purchase was 0.34%. His holdings were 15,107,709 shares as of 06/30/2011.

PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc. has a market cap of $101.23 billion; its shares were traded at around $64.04 with a P/E ratio of 15.18 and P/S ratio of 1.75. The dividend yield of Pepsico Inc. stocks is 3.22%. Pepsico Inc. had an annual average earnings growth of 8.5% over the past 10 years. GuruFocus rated Pepsico Inc. the business predictability rank of 4.5-star.

Added: Cocacola Co. (KO)

Donald Yacktman added to his holdings in Cocacola Co. by 4.3%. His purchase prices were between $64.93 and $68.46, with an estimated average price of $66.84. The impact to his portfolio due to this purchase was 0.2%. His holdings were 6,984,422 shares as of 06/30/2011.

The Coca-Cola Company is the world's largest beverage company and is the producer and marketer of soft drinks. Cocacola Co. has a market cap of $155.69 billion; its shares were traded at around $68.01 with a P/E ratio of 18.53 and P/S ratio of 4.43. The dividend yield of Cocacola Co. stocks is 2.76%. Cocacola Co. had an annual average earnings growth of 7.3% over the past 10 years. GuruFocus rated Cocacola Co. the business predictability rank of 4-star.

Added: Bank Of New York Mellon (BK)

Donald Yacktman added to his holdings in Bank Of New York Mellon by 48.49%. His purchase prices were between $24.48 and $30.41, with an estimated average price of $27.88. The impact to his portfolio due to this purchase was 0.2%. His holdings were 2,298,814 shares as of 06/30/2011.

Bank of New York is a bank holding company and one of the world's larger financial institutions. Bank Of New York Mellon has a market cap of $31.18 billion; its shares were traded at around $25.11 with a P/E ratio of 11.01 and P/S ratio of 2.25. The dividend yield of Bank Of New York Mellon stocks is 2.07%.

Added: Viacom (VIA.B)

Donald Yacktman added to his holdings in Viacom by 4.41%. His purchase prices were between $47.03 and $51.6, with an estimated average price of $49.03. The impact to his portfolio due to this purchase was 0.18%. His holdings were 7,722,965 shares as of 06/30/2011.

Viacom is a global entertainment content company whose family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures, Paramount Home Entertainment and DreamWorks. Viacom has a market cap of $25.83 billion; its shares were traded at around $48.42 with a P/E ratio of 15.27 and P/S ratio of 2.77. The dividend yield of Viacom stocks is 2.07%. Viacom had an annual average earnings growth of 32% over the past 5 years.

Added: Conocophillips (COP)

Donald Yacktman added to his holdings in Conocophillips by 5.08%. His purchase prices were between $70.57 and $81.21, with an estimated average price of $74.54. The impact to his portfolio due to this purchase was 0.16%. His holdings were 4,292,149 shares as of 06/30/2011.

ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $101.76 billion; its shares were traded at around $71.99 with a P/E ratio of 10.21 and P/S ratio of 0.51. The dividend yield of Conocophillips stocks is 3.67%. Conocophillips had an annual average earnings growth of 21.1% over the past 10 years.

Added: Pfizer Inc. (PFE)

Donald Yacktman added to his holdings in Pfizer Inc. by 2.77%. His purchase prices were between $19.79 and $21.45, with an estimated average price of $20.59. The impact to his portfolio due to this purchase was 0.11%. His holdings were 17,964,370 shares as of 06/30/2011.

Pfizer Inc is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc. has a market cap of $152.09 billion; its shares were traded at around $19.249 with a P/E ratio of 8.63 and P/S ratio of 2.24. The dividend yield of Pfizer Inc. stocks is 4.16%. Pfizer Inc. had an annual average earnings growth of 1.2% over the past 10 years.

Added: Becton Dickinson & Co. (BDX)

Donald Yacktman added to his holdings in Becton Dickinson & Co. by 8.25%. His purchase prices were between $80.39 and $89.58, with an estimated average price of $85.4. The impact to his portfolio due to this purchase was 0.1%. His holdings were 1,467,761 shares as of 06/30/2011.

Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. Becton Dickinson & Co. has a market cap of $18.29 billion; its shares were traded at around $83.61 with a P/E ratio of 15.9 and P/S ratio of 2.48. The dividend yield of Becton Dickinson & Co. stocks is 1.96%. Becton Dickinson & Co. had an annual average earnings growth of 14% over the past 10 years. GuruFocus rated Becton Dickinson & Co. the business predictability rank of 5-star.

Added: Comcast Corp. Special (CMCSK)

Donald Yacktman added to his holdings in Comcast Corp. Special by 4.51%. His purchase prices were between $22.17 and $24.98, with an estimated average price of $23.34. The impact to his portfolio due to this purchase was 0.1%. His holdings were 9,250,348 shares as of 06/30/2011.

Comcast Corporation is principally involved in the development, management and operation of broadband cable networks, and in the provision of electronic commerce and programming content. with a P/E ratio of 17.29. The dividend yield of Comcast Corp. Special stocks is 1.93%. Comcast Corp. Special had an annual average earnings growth of 14.9% over the past 10 years.

Added: Berkshire Hathaway B (BRK.B)

Donald Yacktman added to his holdings in Berkshire Hathaway B by 86.26%. His purchase prices were between $73.83 and $83.68, with an estimated average price of $78.95. The impact to his portfolio due to this purchase was 0.02%. His holdings were 44,515 shares as of 06/30/2011.

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway B has a market cap of $183.41 billion; its shares were traded at around $74.17 with a P/E ratio of 14.57 and P/S ratio of 1.35. Berkshire Hathaway B had an annual average earnings growth of 18.2% over the past 10 years.

New Purchase: Research In Motion Ltd. (RIMM)

Donald Yacktman initiated holdings in Research In Motion Ltd.. His purchase prices were between $25.89 and $56.59, with an estimated average price of $43.84. The impact to his portfolio due to this purchase was 0.9%. His holdings were 2,948,575 shares as of 06/30/2011.

RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. Research In Motion Ltd. has a market cap of $13.1 billion; its shares were traded at around $25 with a P/E ratio of 3.96 and P/S ratio of 0.66. Research In Motion Ltd. had an annual average earnings growth of 53.4% over the past 5 years.

Reduced: Leucadia National Corp. (LUK)

Donald Yacktman reduced to his holdings in Leucadia National Corp. by 86.09%. His sale prices were between $32.11 and $39.02, with an estimated average price of $35.51. The impact to his portfolio due to this sale was -0.04%. Donald Yacktman still held 14,950 shares as of 06/30/2011.

LEUCADIA NATL is a diversified financial services holding companyprincipally engaged in personal and commercial lines of property and casualty insurance, life insurance, banking and lending and manufacturing. Leucadia National Corp. has a market cap of $8.23 billion; its shares were traded at around $33.67 with a P/E ratio of 4.89 and P/S ratio of 6.24. The dividend yield of Leucadia National Corp. stocks is 0.74%.

Sold Out: Dell Inc. (DELL)

Donald Yacktman sold out his holdings in Dell Inc.. His sale prices were between $14.25 and $16.75, with an estimated average price of $15.68.

Dell Inc. is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Dell Inc. has a market cap of $30.63 billion; its shares were traded at around $16.24 with a P/E ratio of 8.78 and P/S ratio of 0.5. Dell Inc. had an annual average earnings growth of 4.2% over the past 10 years.

Sold Out: Slm Corp. 6.97% Cum. Redeem. Pfd. Series A (SLM.PA)

Donald Yacktman sold out his holdings in Slm Corp. 6.97% Cum. Redeem. Pfd. Series A. His sale prices were between $43.4 and $47.9, with an estimated average price of $45.95.

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gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

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