Yacktman Asset Management 13F, Q3 2025
Yacktman Asset Management · quarter ending 30 September 2025 · filed 4 November 2025 · SEC CIK 905567
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
The 25 largest of 70 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| Canadian Natural Resources Ltd | CNQ | $668.24M | 9.2% | -6% shares |
| Microsoft Corp. | MSFT | $532.46M | 7.3% | -7% shares |
| Charles Schwab Corp | SCHW | $400.46M | 5.5% | -8% shares |
| Fox Corp B | FOX | $332.21M | 4.6% | -7% shares |
| Procter & Gamble | PG | $298.37M | 4.1% | -4% shares |
| U-Haul Holding Company Class B | UHAL/B | $295.30M | 4.1% | -3% shares |
| PepsiCo, Inc. | PEP | $289.35M | 4.0% | -2% shares |
| Alphabet Inc. | GOOG | $284.08M | 3.9% | -9% shares |
| Johnson & Johnson | JNJ | $238.68M | 3.3% | -6% shares |
| News Corp Cl A | NWSA | $227.93M | 3.1% | -9% shares |
| Cognizant Technology Solutions | CTSH | $221.29M | 3.0% | -3% shares |
| Reliance, Inc. | RS | $197.20M | 2.7% | -6% shares |
| Ingredion Inc | INGR | $176.09M | 2.4% | -9% shares |
| Berkshire Hathaway B | BRK/B | $161.06M | 2.2% | unchanged |
| Walt Disney Company | DIS | $155.47M | 2.1% | -5% shares |
| Talen Energy Corp | TLN | $153.18M | 2.1% | -19% shares |
| ConocoPhillips | COP | $150.18M | 2.1% | -2% shares |
| Armstrong World Industries | AWI | $148.83M | 2.0% | -12% shares |
| Diamondback Energy Inc | FANG | $145.17M | 2.0% | -3% shares |
| Ebay Inc. | EBAY | $143.43M | 2.0% | -23% shares |
| Warner Bros Discovery Inc | WBD | $143.32M | 2.0% | -4% shares |
| Coca-Cola Co. | KO | $141.67M | 1.9% | -4% shares |
| Tyson Foods Inc | TSN | $138.39M | 1.9% | -2% shares |
| EOG Resources Inc | EOG | $136.70M | 1.9% | -3% shares |
| Kenvue Inc | KVUE | $128.87M | 1.8% | -3% shares |
What changed since Q2 2025
Against the Q2 2025 filing, Yacktman Asset Management opened 6 new positions, added to 4, trimmed 47, left 13 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- ORCLwas $23.14M
- Graftech International LTDwas $10.53M
- BRK/Awas $9.47M
- BKNGwas $6.46M
- HSYwas $6.35M
- XOMwas $1.77M
Other quarters
Source: SEC Form 13F-HR, accession 0000905567-25-000006, 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.