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Yacktman Fund - Texas Billionaire Guru Adds and Sells First Quarter

Sally Jones

Sally Jones

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Investor Guru and self-made billionaire Donald Yacktman once said, “Back in 1987, the day of the 500-point decline, I started buying like crazy … I spent $40 million that day.” That was a long time ago. As of this quarter, Yacktman Asset Management LP lists the fund net assets at $10,174,308,688. Investing heavily in high quality large caps, the portfolio update of the Yacktman Fund, based in Austin, Texas, shows 43 stocks with a total value of $8.5 billion and a quarter-over-quarter turnover of 5%. Guru Donald Yacktman’s non-diversified flagship fund seeks long-term capital appreciation, and, to a lesser extent, current income.

Here are the Yacktman Fund’s latest adds and sells, as of quarter ending March 31, 2013:

Added Positions: MSFT, KO, JNJ, SYY, BCR

Reduced Positions: BBRY

Sold Out: HRB, MDT, AXP



Add: Microsoft Corporation (MSFT)


The Yacktman Fund increased its position with Microsoft Corporation (MSFT) by 53.3%, with a 2.04% impact to the portfolio. The current price is $28.71 with a change from average up 4%. Yacktman Fund holds 17,400,000 shares after the trade. MSFT stock is down 6% over the last 12 months.

His holding history:



Add: Coca-Cola Company (KO)

Yacktman increased his position with Coca-Cola Company (KO) by 15.04%, with a 0.57% impact to his portfolio. The current price is $40.88 with a change from average up 7%. Yacktman Fund holds 9,100,000 shares after the trade. KO stock is up 14% over the last 12 months.

Add: Johnson & Johnson (JNJ)

Yacktman increased his position with Johnson & Johnson (JNJ) by 15.71%, with a 0.53% impact to his portfolio. The current price is $82.42 with a change from average up 9%. Yacktman Fund holds 4,050,000 shares after the trade. The JNJ stock is up 30% over the last 12 months.

Add: Sysco Corporation (SYY)

Yacktman increased his position with Sysco Corporation (SYY) by 4.18%, with a 0.21% impact to his portfolio. The current price is $34.66 with a change from average up 7%. Yacktman Fund holds 12,710,000 shares after the trade. SYY stock is up 18% over the last 12 months.

Add: C.R. Bard Inc. (BCR)

The Yacktman Fund increased its position on C.R. Bard Inc. (BCR) by 4.91%, with a 0.17% impact to the portfolio. The current price is $102.72 with a change from average up 2%. Yacktman Fund holds 2,990,000 shares after the trade. The BCR stock is up 7% over the last 12 months.

Reduced: Research In Motion Ltd. (BBRY)

Yacktman reduced his position with the BlackBerry maker, Research In Motion Ltd. (BBRY) by 52.16%, with a 0.46% impact to his portfolio. The current price is $13.79 with a change from average down 4%. Yacktman Fund holds 2,564,000 shares after the trade. BBRY stock is up 5% over the last 12 months.

Sold out: H&R Block Inc. (HRB)

Yacktman sold out his position with H&R Block Inc. (HRB) with a negative 1% impact to his portfolio. The current price is $28.54 with a change from average up 19%. HRB stock is up 70% over the last 12 months.

Sold out: Medtronic Inc. (MDT)

Yacktman sold out his position with Medtronic Inc. (MDT) with a negative 0.23% impact to his portfolio. The current price is $46.98 with a change from average up 3%. MDT stock is up 26% over the last 12 months.

Sold out: American Express Co. (AXP)

The Yacktman Fund sold out its position with American Express Co. (AXP) with a negative 0.19% impact to the portfolio. The current price is $65.53 with a change from average up 5%. AXP stock is up 15% over the last 12 months.

Donald Yacktman is the president and co-chief investment officer of Yacktman Asset Management. He was the Morningstar "Portfolio Manager of The Year" in 1991.

Yacktman Fund’s top buys, sells and holdings:



Here is the complete portfolio of Yacktman Fund.

Also check out:

1. Yacktman Fund's Undervalued Stocks

2. Yacktman Fund's Top Growth Companies

3. Yacktman Fund's High Yield stocks

Related links:

Yacktman Focused Fund

Yacktman Fund

Sector weightings of his portfolio

Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.

GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only. If you are not a Premium Member, we invite you for a 7-day Free Trial.

About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 3.9/5 (14 votes)

Comments

nperez228
Nperez228 - 1 year ago
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psyclone
Psyclone premium member - 1 year ago
The article covers exactly what is advertised in the title.

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