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Yacktman Fund Buys Shares of Berkshire, Fox, Intel in First Quarter

Donald Yacktman ( Trades , Portfolio )'s firm, known for choosing good companies at low prices, did not buy stocks of any news ones in the first quarter but added to -… of their existing holdings, according to their portfolio update released Friday. The increased holdings include Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway. The firm's managers commented on their portfolio in their first quarter shareholder commentary : We feel good about the way the Fund is positioned today. The Fund has large holdings in many of the finest companies in the world. Most of the companies we own are strong leaders in their industries, and have businesses that can hold up in both good economic times and bad, solid balance sheets and opportunities to improve profit margins over time. We think the last attribute may be the most valuable in the next few years, as many companies in the S&P 5…… could be facing meaningful margin. The Yacktman Asset Management portfolio contains 45 stocks, valued at $--.9 billion. It has 4….'% of holdings in Consumer Defensive stocks, -…% in Technology and -6.7% in Consumer Cyclical as its top sectors represented. The biggest new stock increases were: America's Car-Mart Inc. ( CRMT ), Berkshire Hathaway Inc. (NYSE:BRK.B), Raven Industries Inc. ( RAVN ), Twenty-First Century Fox ( FOXA ) and Intel Corp. ( INTC ). Overseeing the fund, Donald Yacktman (Trades, Portfolio) acts as partner and portfolio manager; his son Stephen is chief investment officer, partner and portfolio manager; and Jason Subotky is partner and portfolio manager. The biggest holding increasesAmerica's Car-Mart Inc. ( CRMT ) Yacktman managers increased their stake by --9.7% to 57-,''6 shares in the first quarter. The holding equaled ….--% of the portfolio and 7.…'% of the company's outstanding shares. Its first quarter average price was $-4 per share. America's Car-Mart Inc. has a market cap of $-…'.7 million; its shares were traded around $-5.…- with a P/E ratio of -4.'- and P/S ratio of ….'6. America's Car-Mart Inc. had an annual average earnings growth of -4.-…% over the past -… years. GuruFocus rated America's Car-Mart Inc. the business predictability rank of '.5-star . Berkshire Hathaway Inc. (NYSE:BRK.B) Yacktman managers increased their stake by 4'.8% to --,679 shares. Its first quarter price averaged $-'- per share. The holding equals ….…-% of the portfolio. Berkshire Hathaway Inc. has a market cap of $'54.7 billion; its shares were traded around $-44.6- with a P/E ratio of -4.79 and P/S ratio of -.69. Berkshire Hathaway Inc. had an annual average earnings growth of 9.7% over the past -… years. GuruFocus rated Berkshire Hathaway Inc. the business predictability rank of '-star . Raven Industries Inc. ( RAVN ) Yacktman managers increased their stake by -7.7% to 4…,……… shares. Its first quarter price averaged $-5. The holding equals less than ….…-% of the portfolio. Raven Industries Inc. has a market cap of $56….-8 million; its shares were traded around $-5.44 with a P/E ratio of 67.…8 and P/S ratio of -.9-. The trailing ---month dividend yield of Raven Industries Inc stocks is '.'8%. The forward dividend yield of Raven Industries Inc. stocks is '.'8%. Raven IndustriesAbout GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .

This article first appeared on GuruFocus .

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


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

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