has submitted several fourth quarter updates for the
. For the three months ending Dec. 31, the fund returned 0.01
percent, beating the S&P 500's -0.38 percent fourth quarter
In the full year of 2012, the
delivered 11.47 percent, according to the fund's fourth quarter
Totaling 7 transactions, Yacktman's fourth quarter update
consisted of 1 new buy, 3 stake increases, 2 stake reductions and
1 sale of Yacktman's entire stake in a company.
Among them, the transaction that made the most impact to his
portfolio was his new holding of computer and technology
Dell Inc. (
Yacktman's purchase of Dell fell quite timely with some big news.
Just two weeks ago, Dell announced that it would like to buy back
all of its publicly traded shares in an attempt to go private,
hoping to raise $22 billion. Its motive: to restructure its
Sitting at $13.03 per today's price after market close, it would
need to maintain this rate to achieve its goal or at least a
price between $13 and $14.
Yacktman's new Dell holding for the
consists of 6.4 million shares. The stock also appears as a new
buy for his Yacktman Focused Fund, with a holding of 5.7 million
Dell's price has slowly picked up in recent weeks, following its
mid-November three-year low (of $9). Seeing an extremely slow but
steady rise, dipping into the new year, Dell's price has gained
32 percent since the start of 2013.
DELL data by GuruFocus.com
With a dividend payout ratio of 1.2 percent, Dell is ranked 7 is
Financial Strength and 6 in Profitability and Growth. Its fair
value on the GuruFocus DCF Calculator is $15.06.
The rest Yacktman Fund's fourth quarter stake increases include
adding 25.64 percent to
Stryker Corp. (
, adding 21.69 percent to
and adding 10.53 percent to
Avon Products (
Yacktman reduced 38.46 percent to his
H&R Block (
stake and 47.99 percent to his Research in Motion stake.
Finally for the Yacktman Fund, the Guru completely sold it his
Liberty Ventures (
*View more details about Yacktman's fourth quarter updates in
Yacktman Fund Stock Picks. Also view the fund's undervalued
stocks, high-yield companies and top growth stocks.
**Yacktman also updated his other fund, the Yacktman Focused
Fund, for the fourth quarter. To read about his new purchases for
this fund , visit Yacktman Focused Fund Buys Dell, Intel, Janus
Capital, PepsiCo, Coca-ColaAbout GuruFocus: GuruFocus.com tracks
the stocks picks and portfolio holdings of the world's best
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valuation tools. And publishes daily articles tracking the latest
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