Yacktman Asset Management Buys Macy's Inc, Cognizant Technology Solutions Corp, News Corp, Sells Infosys, Avon Products Inc, Arcosa Inc

• New Purchases: M, NWSA, SCHW,
• Added Positions: CTSH, EAF, FOX, STT, BRK.B, RDI,
• Reduced Positions: PG, PEP, INFY, ORCL, DIS, MSFT, ACA, SYY, CSCO, UHAL, CLX, GLW, MO, CRMT, PM,
• Sold Out: AVP,

For the details of Yacktman Asset Management's stock buys and sells, go to https://www.gurufocus.com/guru/yacktman+asset+management/current-portfolio/portfolioportfolio

1. Procter & Gamble Co (PG) - 9,488,547 shares, 12.49% of the total portfolio. Shares reduced by 13.86%
2. PepsiCo Inc (PEP) - 6,681,723 shares, 10.52% of the total portfolio. Shares reduced by 10.75%
3. Coca-Cola Co (KO) - 13,090,104 shares, 8.00% of the total portfolio. Shares reduced by 0.55%
4. Johnson & Johnson (JNJ) - 4,675,761 shares, 7.82% of the total portfolio. Shares reduced by 0.93%
5. The Walt Disney Co (DIS) - 4,385,227 shares, 7.35% of the total portfolio. Shares reduced by 3.98%

Yacktman Asset Management initiated holding in Macy's Inc. The purchase prices were between $20.43 and $25.99, with an estimated average price of $22.75. The stock is now traded at around $21.30. The impact to a portfolio due to this purchase was 2.85%. The holding were 11,056,832 shares as of .

Yacktman Asset Management initiated holding in News Corp. The purchase prices were between $11.39 and $13.56, with an estimated average price of $12.22. The stock is now traded at around $12.90. The impact to a portfolio due to this purchase was 0.25%. The holding were 1,513,275 shares as of .

Yacktman Asset Management initiated holding in Charles Schwab Corp. The purchase prices were between $39.15 and $46.26, with an estimated average price of $43.61. The stock is now traded at around $40.85. The impact to a portfolio due to this purchase was 0.02%. The holding were 34,700 shares as of .

Yacktman Asset Management added to a holding in Cognizant Technology Solutions Corp by 98.01%. The purchase prices were between $56.88 and $74.6, with an estimated average price of $65.64. The stock is now traded at around $63.12. The impact to a portfolio due to this purchase was 1.01%. The holding were 2,686,111 shares as of .

Yacktman Asset Management added to a holding in GrafTech International Ltd by 1728.28%. The purchase prices were between $9.91 and $14.04, with an estimated average price of $11.73. The stock is now traded at around $11.02. The impact to a portfolio due to this purchase was 0.2%. The holding were 1,535,754 shares as of .

Yacktman Asset Management added to a holding in Reading International Inc by 84.95%. The purchase prices were between $12.75 and $16.27, with an estimated average price of $14.41. The stock is now traded at around $12.80. The impact to a portfolio due to this purchase was 0.01%. The holding were 215,850 shares as of .

Yacktman Asset Management sold out a holding in Avon Products Inc. The sale prices were between $2.6 and $4.03, with an estimated average price of $3.33.

Yacktman Asset Management reduced to a holding in Infosys Ltd by 82.37%. The sale prices were between $10.11 and $11.32, with an estimated average price of $10.58. The stock is now traded at around $11.11. The impact to a portfolio due to this sale was -1%. Yacktman Asset Management still held 1,598,915 shares as of .

Yacktman Asset Management reduced to a holding in Arcosa Inc by 20.6%. The sale prices were between $29.91 and $38.69, with an estimated average price of $34.14. The stock is now traded at around $35.89. The impact to a portfolio due to this sale was -0.06%. Yacktman Asset Management still held 646,135 shares as of .

Yacktman Asset Management reduced to a holding in America's Car-Mart Inc by 40%. The sale prices were between $84.9 and $101.89, with an estimated average price of $91.98. The stock is now traded at around $86.85. The impact to a portfolio due to this sale was less than 0.01%. Yacktman Asset Management still held 3,300 shares as of .