1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Sally Jones
Sally Jones
Articles (580) 

Yacktman Fund Reduces 6 Mega Holdings

Self-made billionaire, investor and Texan, Donald Yacktman invests in high-quality large cap companies. As of Oct. 15, 2013, the portfolio update of the Yacktman Fund shows 45 stocks, with one new one, and a total value of $9.92 billion. The fund’s quarter-over-quarter turnover is 17%. The portfolio is currently weighted with top three sectors: consumer defensive at 34.2%, technology at 17.5% and consumer cyclical at 16.3%.

The Yacktman Fund has averaged a return of 9.75% over 12 months, and the Yacktman Focused Fund averaged 14.97% over the same period. Guru Donald Yacktman’s average 12-month return is 10.24%

The Yacktman Fund reduced six holdings, as of quarter ending Sept. 30, 2013:

News Corporation (NASDAQ:NWSA): Reduced

Impacts Portfolio: -9.24%

Current Shares: 5,547,000

Up 5% over 12 months, News Corporation has a market cap of $9.58 billion; its shares were traded at around $16.58 with a P/S of 1.10.

Guru Action: As of Sept. 30, 2013, Donald Yacktman reduced its position by 82.53%, selling 26,203,000 shares at an average price of $15.97, gaining 3.4%.

Holding for two quarters, he has averaged a gain of 4% on 26,853,000 shares sold at an average price of $15.96 per share.

Track historical pricing, revenue and net income:

1381877505623.png

Hewlett-Packard Co. (HPQ): Reduced

Impacts Portfolio: -0.36%

Current Shares: 2,878,000

Up 56% over 12 months, Hewlett-Packard Co. has a market cap of $43.8 billion; its shares were traded at around $22.79 with a P/B ratio of 1.80. The dividend yield is 2.40%.

Guru Action: As of Sept. 30, 2013, Donald Yacktman reduced its position by 32.99%, selling 1,417,000 shares at an average price of $24.32 for a loss of 6.3%.

Overall, he has averaged a gain of 24% on 5,150,000 shares bought at an average price of $18.40 per share. On shares sold, he averaged a gain of 3% on 2,272,000 shares sold at an average price of $22.17 per share.

Track historical pricing, revenue and net income:

1381877646702.png

Cisco Systems Inc. (NASDAQ:CSCO): Reduced

Impacts Portfolio: -0.36%

Current Shares: 21,912,000

Up 23% over 12 months, Cisco Systems Inc. has a market cap of $124.81 billion; its shares were traded at around $23.18 with a P/E ratio of 12.60. The dividend yield is 2.78%.

Guru Action: As of Sept. 30, 2013, Donald Yacktman reduced its position by 5.96%, selling 1,388,000 shares at an average price of $24.82 for a loss of 6.6%.

Yacktman has averaged a gain of 29% on 23,300,000 shares bought at an average price of $17.93 per share. On shares sold, he averaged a loss of 7% on 1,388,000 shares sold at an average price of $24.82 per share.

Track historical pricing, revenue and net income:

1381877900862.png

Microsoft Corporation (NASDAQ:MSFT): Reduced

Impacts Portfolio: -0.31%

Current Shares: 15,350,000

Up 17% over 12 months, Microsoft Corporation has a market cap of $288.36 billion; its shares were traded at around $34.49 with a P/E ratio of 13.40. The dividend yield is 2.70%.

Guru Action: As of Sept. 30, 2013, Donald Yacktman reduced its position by 5.22%, selling 846,000 shares at an average price of $32.90 for a gain of 4.8%.

Yacktman has averaged a gain of 17% on 17,400,000 shares bought at an average price of $29.38 per share. On shares sold, he averaged a gain of 5% on 2,050,000 shares sold at an average price of $32.82 per share.

Track historical pricing, revenue and net income:

1381878114627.png

Learn more about Yacktman’s reductions of Viacom Inc. (NASDAQ:VIAB) and Bancorp Inc. (TBK), as of Sept. 30, 2013.

Guru Donald Yacktman’s non-diversified flagship fund seeks long-term capital appreciation, as well as current income, but to a lesser extent.



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: 3.0/5 (6 votes)

Comments

mkane13
Mkane13 - 2 years ago


sally, you need to remember that News Corp split into FOX and the "new" NWS. investors received .25 shares of NWS and 1 share FOX for each "old" share of NWS

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


Marty FletcherBank Stocks
rolandtianBuy screen
rolandtianScreen
AdamepEV/EBITDA
doniemaherScreen #15 - Divs Growth
DANGORDONCLEAN ROE 1
ryanhinchmanUS Value
bfraserT2
allenmcgaugheyPredictable DCF
activemikeValue Filter

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK