Yacktman Fund - Texas Billionaire Guru Adds and Sells First Quarter

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Investor Guru and self-made billionaire Donald Yacktman once said, "Back in 1987, the day of the 500-point decline, I started buying like crazy ... I spent $40 million that day." That was a long time ago. As of this quarter, Yacktman Asset Management LP lists the fund net assets at $10,174,308,688. Investing heavily in high quality large caps, the portfolio update of the Yacktman Fund , based in Austin, Texas, shows 43 stocks with a total value of $8.5 billion and a quarter-over-quarter turnover of 5%. Guru Donald Yacktman 's non-diversified flagship fund seeks long-term capital appreciation, and, to a lesser extent, current income.

Here are the Yacktman Fund 's latest adds and sells, as of quarter ending March 31, 2013:

Added Positions: MSFT, KO, JNJ, SYY, BCR

Reduced Positions: BBRY

Sold Out: HRB, MDT, AXP


Add: Microsoft Corporation ( MSFT )


The Yacktman Fund increased its position with Microsoft Corporation ( MSFT ) by 53.3%, with a 2.04% impact to the portfolio. The current price is $28.71 with a change from average up 4%. Yacktman Fund holds 17,400,000 shares after the trade. MSFT stock is down 6% over the last 12 months.

His holding history:



Add: Coca-Cola Company ( KO )

Yacktman increased his position with Coca-Cola Company ( KO ) by 15.04%, with a 0.57% impact to his portfolio. The current price is $40.88 with a change from average up 7%. Yacktman Fund holds 9,100,000 shares after the trade. KO stock is up 14% over the last 12 months.

Add: Johnson & Johnson ( JNJ )

Yacktman increased his position with Johnson & Johnson ( JNJ ) by 15.71%, with a 0.53% impact to his portfolio. The current price is $82.42 with a change from average up 9%. Yacktman Fund holds 4,050,000 shares after the trade. The JNJ stock is up 30% over the last 12 months.

Add: Sysco Corporation ( SYY )

Yacktman increased his position with Sysco Corporation ( SYY ) by 4.18%, with a 0.21% impact to his portfolio. The current price is $34.66 with a change from average up 7%. Yacktman Fund holds 12,710,000 shares after the trade. SYY stock is up 18% over the last 12 months.

Add: C.R. Bard Inc. ( BCR )

The Yacktman Fund increased its position on C.R. Bard Inc. ( BCR ) by 4.91%, with a 0.17% impact to the portfolio. The current price is $102.72 with a change from average up 2%. Yacktman Fund holds 2,990,000 shares after the trade. The BCR stock is up 7% over the last 12 months.

Reduced: Research In Motion Ltd. ( BBRY )

Yacktman reduced his position with the BlackBerry maker, Research In Motion Ltd. ( BBRY ) by 52.16%, with a 0.46% impact to his portfolio. The current price is $13.79 with a change from average down 4%. Yacktman Fund holds 2,564,000 shares after the trade. BBRY stock is up 5% over the last 12 months.

Sold out: H&R Block Inc. ( HRB )

Yacktman sold out his position with H&R Block Inc. ( HRB ) with a negative 1% impact to his portfolio. The current price is $28.54 with a change from average up 19%. HRB stock is up 70% over the last 12 months.

Sold out: Medtronic Inc. ( MDT )

Yacktman sold out his position with Medtronic Inc. ( MDT ) with a negative 0.23% impact to his portfolio. The current price is $46.98 with a change from average up 3%. MDT stock is up 26% over the last 12 months.

Sold out: American Express Co. ( AXP )

The Yacktman Fund sold out its position with American Express Co. ( AXP ) with a negative 0.19% impact to the portfolio. The current price is $65.53 with a change from average up 5%. AXP stock is up 15% over the last 12 months.

Donald Yacktman is the president and co-chief investment officer of Yacktman Asset Management. He was the Morningstar "Portfolio Manager of The Year" in 1991.

Yacktman Fund's top buys, sells and holdings:



Here is the complete portfolio of Yacktman Fund.

Also check out:

1. Yacktman Fund's Undervalued Stocks
2. Yacktman Fund's Top Growth Companies
3. Yacktman Fund's High Yield stocks

Related links:

Yacktman Focused Fund

Yacktman Fund

Sector weightings of his portfolio

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: BBRY , BCR , KO , MSFT , SYY

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