World-renowned value investor Donald Yacktman is president and co-chief investment officer of Yacktman Asset Management LP, in Austin, Texas. Yacktman’s recently updated portfolio shows 52 stocks, one of them new, with a total value of $19.5 billion and a quarter-over-quarter turnover of 6%.
As of March 31, 2013, Yacktman Asset Management sold out holdings in these 11 companies:
Sold out: H&R Block Inc. (HRB, Financial) – Personal Services
After 18 very profitable quarters, Donald Yacktman sold out his H&R Block Inc. (HRB) position, unloading more than 8.5 million shares at an average price of $24.04 for a gain of 21.3%.
The current share price is $29.15 compared to past valuations.
Sold out: Markel Corporation (MKL, Financial) – Insurance – Property & Casualty
Yacktman sold out his MKL holding as March 31, 2013, cashing in 800 shares at an average price of $483.26 for a 10.3% gain. Yacktman’s trading shows a history of exceptional gains.
The current price is $533.01.
Sold out: American Express Co. (AXP, Financial) – Credit Services
Yacktman sold out his AXP position, selling 246,500 shares at an average price of $62.26 for a gain of 20.9%. Yacktman’s highest gain was in the first quarter of 2009 for 398.5%. GuruFocus shows 13 quarters of solid gains.
The current share price is $75.27.
Sold Out: International Business Machines Corp. (IBM, Financial) – Computer Systems
Yacktman sold out his IBM position, selling 2,800 shares at an average price of $202.94 for a gain of 1.4%. Holding IBM for only two quarters, Yacktman’s highest gain was in the fourth quarter of 2012 for 5.4%.
The current share price is $205.75.
Sold Out: Leucadia National Corporation (LUK, Financial) - Conglomerates
Yacktman sold out his LUK position, selling 14,950 shares at an average price of $25.50 for a gain of 20%. Yacktman’s highest gain was in the first quarter of 2009 for 99.5%.
The current share price is $30.61.
Sold Out: TJX Companies (TJX, Financial) – Apparel Stores
Yacktman sold out his TJX holding, selling 7,000 shares at an average price of $44.94 for a gain of 13.2%. Yacktman’s highest gains were in third and fourth quarters of 2008 and the first quarter of 2009 for 199.9%, 338.2% and 359.1%, respectively.
The current share price is $50.87.
Sold Out: Medtronic Inc. (MDT, Financial) – Medical Devices
Yacktman sold out his MDT holding, selling 400,000 shares at an average price of $45.49 for a gain of 12.8%. Yacktman’s highest gain was in the third quarter of 2010 for a gain of 46.1%.
The current share price is $51.33.
Sold Out: Equifax Inc. (EFX, Financial) – Business Services
Yacktman sold out his always-green EFX holding, selling 21,600 shares at an average price of $56.42 for a gain of 8.3%. Yacktman’s highest gains were in the fourth quarter of 2008 and the first quarter of 2009 for 143.1% and 157.3%, respectively.
The current share price is $61.10.
Sold Out: Tesco PLC (TSCDY, Financial) – Grocery Stores
Yacktman sold out his TSCDY holding, selling 121,500 shares at an average price of $17.03 for a gain of 1.6%. Yacktman’s highest gain was in the fourth quarter of 2012 for 10.4%.
The current share price is $17.31.
Sold Out: United Parcel Service Inc. (UPS, Financial) – Integrated Shipping and Logistics
Yacktman sold out his UPS holding, selling 22,451 shares at an average price of $81.98 for a gain of 5.9%. In the last 11 quarters, Yacktman’s highest gain was in the first quarter of 2009 for 89.6%.
The current share price is $86.80.
Sold Out: Viacom Inc. (VIA, Financial) – Media - Diversified
Yacktman sold out his VIA holding, selling 18,975 shares at an average price of $61.73 for a gain of 12.6%. In the last nine quarters, always gaining, Yacktman’s highest gain was in the first quarter of 2009 for 296%.
The current share price is $69.53.
Guru Donald Yacktman of Yacktman Asset Management was named the Morningstar "Portfolio Manager of The Year" in 1991. Read more about the Yacktman Focused Fund.
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
If you are not a Premium Member, we invite you for a 7-day Free Trial.
The 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.
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
As of March 31, 2013, Yacktman Asset Management sold out holdings in these 11 companies:
Sold out: H&R Block Inc. (HRB, Financial) – Personal Services
After 18 very profitable quarters, Donald Yacktman sold out his H&R Block Inc. (HRB) position, unloading more than 8.5 million shares at an average price of $24.04 for a gain of 21.3%.
The current share price is $29.15 compared to past valuations.
Sold out: Markel Corporation (MKL, Financial) – Insurance – Property & Casualty
Yacktman sold out his MKL holding as March 31, 2013, cashing in 800 shares at an average price of $483.26 for a 10.3% gain. Yacktman’s trading shows a history of exceptional gains.
The current price is $533.01.
Sold out: American Express Co. (AXP, Financial) – Credit Services
Yacktman sold out his AXP position, selling 246,500 shares at an average price of $62.26 for a gain of 20.9%. Yacktman’s highest gain was in the first quarter of 2009 for 398.5%. GuruFocus shows 13 quarters of solid gains.
The current share price is $75.27.
Sold Out: International Business Machines Corp. (IBM, Financial) – Computer Systems
Yacktman sold out his IBM position, selling 2,800 shares at an average price of $202.94 for a gain of 1.4%. Holding IBM for only two quarters, Yacktman’s highest gain was in the fourth quarter of 2012 for 5.4%.
The current share price is $205.75.
Sold Out: Leucadia National Corporation (LUK, Financial) - Conglomerates
Yacktman sold out his LUK position, selling 14,950 shares at an average price of $25.50 for a gain of 20%. Yacktman’s highest gain was in the first quarter of 2009 for 99.5%.
The current share price is $30.61.
Sold Out: TJX Companies (TJX, Financial) – Apparel Stores
Yacktman sold out his TJX holding, selling 7,000 shares at an average price of $44.94 for a gain of 13.2%. Yacktman’s highest gains were in third and fourth quarters of 2008 and the first quarter of 2009 for 199.9%, 338.2% and 359.1%, respectively.
The current share price is $50.87.
Sold Out: Medtronic Inc. (MDT, Financial) – Medical Devices
Yacktman sold out his MDT holding, selling 400,000 shares at an average price of $45.49 for a gain of 12.8%. Yacktman’s highest gain was in the third quarter of 2010 for a gain of 46.1%.
The current share price is $51.33.
Sold Out: Equifax Inc. (EFX, Financial) – Business Services
Yacktman sold out his always-green EFX holding, selling 21,600 shares at an average price of $56.42 for a gain of 8.3%. Yacktman’s highest gains were in the fourth quarter of 2008 and the first quarter of 2009 for 143.1% and 157.3%, respectively.
The current share price is $61.10.
Sold Out: Tesco PLC (TSCDY, Financial) – Grocery Stores
Yacktman sold out his TSCDY holding, selling 121,500 shares at an average price of $17.03 for a gain of 1.6%. Yacktman’s highest gain was in the fourth quarter of 2012 for 10.4%.
The current share price is $17.31.
Sold Out: United Parcel Service Inc. (UPS, Financial) – Integrated Shipping and Logistics
Yacktman sold out his UPS holding, selling 22,451 shares at an average price of $81.98 for a gain of 5.9%. In the last 11 quarters, Yacktman’s highest gain was in the first quarter of 2009 for 89.6%.
The current share price is $86.80.
Sold Out: Viacom Inc. (VIA, Financial) – Media - Diversified
Yacktman sold out his VIA holding, selling 18,975 shares at an average price of $61.73 for a gain of 12.6%. In the last nine quarters, always gaining, Yacktman’s highest gain was in the first quarter of 2009 for 296%.
The current share price is $69.53.
Guru Donald Yacktman of Yacktman Asset Management was named the Morningstar "Portfolio Manager of The Year" in 1991. Read more about the Yacktman Focused Fund.
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
If you are not a Premium Member, we invite you for a 7-day Free Trial.
The 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.
Use the GuruFocus Value Screen to find 52-Week Lows and discover potentially deep value stocks held by billionaire Guru investors.
