Donald Yacktman (Trades, Portfolio), founder of the Yacktman Asset Management, a conservative company with 19.8% average returns since inception. Managers of the funds look foremost for three things: good businesses, shareholder-oriented management and low purchase price.
Yacktman Asset Management holds 47 stocks, in a portfolio valued at $24.6 billion and 38.7% weighted in its largest sector – consumer defensive.
In the first quarter, Yacktman purchased no new stocks. In the second, they purchased just one, a microscopic position in Samsung Electronics Co. Ltd. (XKRX:005930). They also made just one significant increase, to Twenty-First Century Fox Inc. (NASDAQ:FOX).
- Warning! GuruFocus has detected 6 Warning Signs with XKRX:005930. Click here to check it out.
- XKRX:005930 15-Year Financial Data
- The intrinsic value of XKRX:005930
- Peter Lynch Chart of XKRX:005930
Samsung Electronics Co. Ltd. (XKRX:005930)
Yacktman purchased 1,200 shares of Samsung Electronics Co. Ltd. in the second quarter, when the price averaged 1,386,017 won per share. The position is 0.0064% of the portfolio, making it their third-smallest holding.
Samsung Electronics Co. Ltd. was incorporated under the laws of the Republic of Korea in 1969. Samsung Electronics Co. Ltd. has a market cap of $193993.23 billion; its shares were traded at around 1,317,000.00 won with a P/E ratio of 4.30 and P/S ratio of 0.75. The dividend yield of Samsung Electronics Co. Ltd. stocks is 0.87%. Samsung Electronics Co. Ltd. had an annual average earnings growth of 22.20% over the past five years.
Twenty-First Century Fox Inc. (NASDAQ:FOX)
Yacktman increased their position in Twenty-First Century Fox by 356.7%, to 18,702,500 shares of the company, equivalent to 2.6% of the portfolio. The share price averaged $33 for the quarter.
Twenty-First Century Fox Inc. is a Delaware corporation, incorporated in Nov. 12, 2004. Twenty-First Century Fox Inc. has a market cap of $69.84 billion; its shares were traded at around $31.37 with a P/E ratio of 22.90 and P/S ratio of 2.35. The dividend yield of Twenty-First Century Fox Inc. stocks is 0.80%.