2024-05-02 22:06:59 ET
Summary
- Yacktman Asset Management's 13F portfolio value increased from $10.75B to $11.12B this quarter.
- The largest holding in the portfolio is Canadian Natural Resources at 10.32%.
- New stakes include Kellanova and Darling Ingredients, while stake disposals include Weatherford International.
This article is part of a series that provides an ongoing analysis of the changes made to Yacktman's 13F stock portfolio on a quarterly basis. It is based on Yacktman Asset Management's regulatory 13F Form filed on 5/2/2024. Please visit our Tracking Yacktman Asset Management series to get an idea of their investment philosophy and our previous update for the fund's moves during Q4 2023.
This quarter, Yacktman Asset Management's ( YACKX ) ( YAFFX ) ( YASSX ) 13F portfolio value increased from $10.75B to $11.12B. The number of holdings remained increased from 70 to 73. The largest holding is Canadian Natural Resources at 10.32% of the 13F portfolio. Largest five individual stock positions are Canadian Natural Resources, Microsoft, Alphabet, U-Haul, and Charles Schwab. Together they account for ~30% of the 13F portfolio. The firm currently holds around ~8% cash. The portfolio is concentrated with recent 13F reports showing around 70 individual positions. 44 of their stakes are significantly large (over ~0.5% of the 13F portfolio each) and they are the focus of this article....
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For further details see:
Tracking Yacktman Asset Management Portfolio - Q1 2024 Update