Yacktman Asset Management 13F, Q3 2023
Yacktman Asset Management · quarter ending 30 September 2023 · filed 1 November 2023 · SEC CIK 905567
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 70 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| Canadian Natural Resources Ltd | CNQ | $975.18M | 9.6% | unchanged |
| Microsoft Corp. | MSFT | $559.82M | 5.5% | -8% shares |
| Alphabet Inc. | GOOG | $543.24M | 5.3% | unchanged |
| PepsiCo, Inc. | PEP | $433.30M | 4.3% | unchanged |
| U-Haul Holding Company Class B | UHAL/B | $388.09M | 3.8% | +7% shares |
| Procter & Gamble | PG | $387.92M | 3.8% | unchanged |
| Cognizant Technology Solutions | CTSH | $362.96M | 3.6% | unchanged |
| Charles Schwab Corp | SCHW | $348.95M | 3.4% | unchanged |
| News Corp Cl A | NWSA | $339.57M | 3.4% | unchanged |
| Reliance Steel & Aluminum Co. | RS | $322.68M | 3.2% | unchanged |
| Pioneer Natural Resources | $292.78M | 2.9% | unchanged | |
| Fox Corp B | FOX | $251.73M | 2.5% | unchanged |
| Berkshire Hathaway B | BRK/B | $242.86M | 2.4% | unchanged |
| Johnson & Johnson | JNJ | $237.21M | 2.3% | -24% shares |
| State Street Corp | STT | $233.13M | 2.3% | unchanged |
| Diamondback Energy Inc | FANG | $225.34M | 2.2% | unchanged |
| Ingredion Inc | INGR | $218.82M | 2.2% | unchanged |
| ConocoPhillips | COP | $218.38M | 2.1% | unchanged |
| EOG Resources Inc | EOG | $216.40M | 2.1% | unchanged |
| Olin Corp | OLN | $214.76M | 2.1% | unchanged |
| Weatherford International PLC | $201.16M | 2.0% | -42% shares | |
| Northrop Grumman Corp | NOC | $179.57M | 1.8% | unchanged |
| Booking Hldgs Inc. Com | BKNG | $177.78M | 1.8% | -51% shares |
| Elevance Health, Inc. | ELV | $168.67M | 1.7% | unchanged |
| BNY Mellon Corp. | BNY | $161.77M | 1.6% | unchanged |
What changed since Q2 2023
Against the Q2 2023 filing, Yacktman Asset Management opened 5 new positions, added to 4, trimmed 11, left 50 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- Univar Solutions Inc.was $71.65M
- MSMwas $27.73M
Other quarters
Source: SEC Form 13F-HR, accession 0000905567-23-000006, filed by YACKTMAN ASSET MANAGEMENT LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.