Besides the 13F of Yacktman Asset Management and
Yacktman Focused Fund
, we also started to track the portfolio of
Yacktman Fund
.
Yacktman Fund
is the flagship fund of Don Yacktman. The fund has achieved 10.6%
of annual return over the past 10 years. It heavily invests in
high quality large caps. As of Dec. 31, the fund has 51% of asset
in top 10 positions and 16% in cash.
Yacktman Fund
buys Dell Inc, Stryker Corporation, Coca-Cola Co, Avon Products
Inc, sells H&R Block Inc, Research in Motion Ltd, Liberty
Ventures during the 3-months ended 12/31/2012. As of 12/31/2012,
owns 45 stocks with a total value of $7.3 billion. These are the
details of the buys and sells.
For the details of Yacktman Fund's stock buys and sells, go to
http://www.gurufocus.com/StockBuy.php?GuruName=Yacktman+Fund
This is the sector weightings of his portfolio:
|
Consumer Services
|
29.2% |
|
Consumer Goods
|
27.6% |
|
Health Care
|
17.5% |
|
Technology
|
14.8% |
|
Financials
|
7.4% |
|
Oil & Gas
|
3.7% |
These are the top 5 holdings of Yacktman Fund
- News Corporation (
NWSA
) - 33,400,000 shares, 11.8% of the total portfolio.
- Procter & Gamble Co (
PG
) - 10,050,000 shares, 9.4% of the total portfolio.
- PepsiCo Inc (
PEP
) - 9,200,000 shares, 8.7% of the total portfolio.
- Cisco Systems Inc (
CSCO
) - 22,500,000 shares, 6.1% of the total portfolio.
- Sysco Corporation (
SYY
) - 12,200,000 shares, 5.3% of the total portfolio.
New Purchase: Dell Inc (
DELL
)
Yacktman Fund initiated holdings in Dell Inc. His purchase prices
were between $8.86 and $10.67, with an estimated average price of
$9.77. The impact to his portfolio due to this purchase was 0.9%.
His holdings were 6,437,000 shares as of 12/31/2012. Dell Inc is
a Delaware Corporation, which was founded in 1984. Dell Inc has a
market cap of $22.64 billion; its shares were traded at around
$13.04 with a P/E ratio of 8.8 and P/S ratio of 0.4. The dividend
yield of Dell Inc stocks is 1.2%. Dell Inc had an annual average
earnings growth of 6.6% over the past 10 years. GuruFocus rated
Dell Inc the business predictability rank of 3-star.
Sold Out: Liberty Ventures (
LVNTA
)
Yacktman Fund sold out his holdings in Liberty Ventures. His sale
prices were between $48.76 and $66.48, with an estimated average
price of $57.11. The Liberty Ventures Group is primarily focused
on business investments. Liberty Ventures has a market cap of
$2.75 billion; its shares were traded at around $75.55 .
Added: Stryker Corporation (
SYK
)
Yacktman Fund added to his holdings in Stryker Corporation by
25.64%. His purchase prices were between $52 and $56.57, with an
estimated average price of $53.88. The impact to his portfolio
due to this purchase was 0.76%. His holdings were 4,900,000
shares as of 12/31/2012. Stryker Corporation was incorporated in
Michigan in 1946 as the successor company to a business founded
in 1941. Stryker Corporation has a market cap of $24.28 billion;
its shares were traded at around $63.78 with a P/E ratio of 17
and P/S ratio of 2.9. The dividend yield of Stryker Corporation
stocks is 1.4%. Stryker Corporation had an annual average
earnings growth of 13.5% over the past 10 years.
Added: Coca-Cola Co (
KO
)
Yacktman Fund added to his holdings in Coca-Cola Co by 21.69%.
His purchase prices were between $35.97 and $38.58, with an
estimated average price of $37.33. The impact to his portfolio
due to this purchase was 0.71%. His holdings were 7,910,000
shares as of 12/31/2012. The Coca-Cola Co was incorporated in
September 1919 under the laws of the State of Delaware. Coca-cola
Co has a market cap of $166.54 billion; its shares were traded at
around $37.01 with a P/E ratio of 19.4 and P/S ratio of 3.6. The
dividend yield of Coca-cola Co stocks is 2.7%. Coca-cola Co had
an annual average earnings growth of 8.8% over the past 10 years.
GuruFocus rated Coca-cola Co the business predictability rank of
3.5-star.
Added: Avon Products Inc (
AVP
)
Yacktman Fund added to his holdings in Avon Products Inc by
10.53%. His purchase prices were between $13.8 and $17.39, with
an estimated average price of $15.05. The impact to his portfolio
due to this purchase was 0.16%. His holdings were 8,400,000
shares as of 12/31/2012. Avon Products Inc. commenced operations
in 1886 and was incorporated in the State of New York on January
27, 1916. Avon Products Inc has a market cap of $7.38 billion;
its shares were traded at around $16.99 with a P/E ratio of 62.1
and P/S ratio of 0.7. The dividend yield of Avon Products Inc
stocks is 4.5%. Avon Products Inc had an annual average earnings
growth of 2.1% over the past 10 years. GuruFocus rated Avon
Products Inc the business predictability rank of 3.5-star.
Reduced: H&R Block Inc (
HRB
)
Yacktman Fund reduced to his holdings in H&R Block Inc by
38.46%. His sale prices were between $16.67 and $19.19, with an
estimated average price of $17.97. The impact to his portfolio
due to this sale was -0.6%. Yacktman Fund still held 4,000,000
shares as of 12/31/2012. H&R Block, Inc. was organized as a
corporation in 1955 under the laws of the State of Missouri.
H&r Block Inc has a market cap of $6.18 billion; its shares
were traded at around $22.66 with a P/E ratio of 16.9 and P/S
ratio of 2.2. The dividend yield of H&r Block Inc stocks is
3.6%.
Reduced: Research in Motion Ltd (
RIMM
)
Yacktman Fund reduced to his holdings in Research in Motion Ltd
by 47.99%. His sale prices were between $7.52 and $14.12, with an
estimated average price of $9.95. The impact to his portfolio due
to this sale was -0.51%. Yacktman Fund still held 5,360,000
shares as of 12/31/2012. Research in Motion Ltd designs,
manufactures, and markets wireless solutions for the mobile
communications market worldwide. Research In Motion Ltd has a
market cap of $8.51 billion; its shares were traded at around
$16.18 with a P/E ratio of 10.6 and P/S ratio of 0.7. Research In
Motion Ltd had an annual average earnings growth of 18.5% over
the past 5 years.
Here is the complete portfolio of Yacktman Fund. Also check out:
1. Yacktman Fund's Undervalued Stocks
2. Yacktman Fund's Top Growth Companies, and
3. Yacktman Fund's High Yield stocksAbout GuruFocus:
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