Yacktman Asset Management
Yacktman Asset Management
Yacktman Asset Management (Yacktman Asset Management) discloses a $8.09B portfolio across 74 US-listed positions in the latest 13F filing (2026Q2, filed Aug 11, 2026). The largest holding is CNQ at 8.0% of the book. The biggest move of the quarter: added 269% to the BRK/B share count (position now $581M). Mechanically cloning this 13F returned 12.2%/yr over the past 12.2 years, versus 13.8%/yr for the S&P 500 across that identical 12.2-year window.
Holdings (74) · click any column to sort
| #↑ | Ticker | Issuer | % Port. | This Q | History | Value |
|---|---|---|---|---|---|---|
| 1 | CNQ | 8.0% | $650M | |||
| 2 | BRK/B | 7.2% | $581M | |||
| 3 | GOOG | 4.9% | $399M | |||
| 4 | SCHW | 4.7% | $378M | |||
| 5 | MSFT | 4.7% | $376M | |||
| 6 | UHAL/B | 4.4% | $358M | |||
| 7 | JNJ | 4.0% | $320M | |||
| 8 | PG | 3.6% | $288M | |||
| 9 | PEP | 3.5% | $281M | |||
| 10 | FOX | 3.3% | $265M | |||
| 11 | RS | 3.2% | $261M | |||
| 12 | NWSA | 2.3% | $188M | |||
| 13 | FANG | 2.2% | $178M | |||
| 14 | KO | 2.1% | $173M | |||
| 15 | COP | 2.1% | $167M | |||
| 16 | EOG | 2.0% | $161M | |||
| 17 | STT | 1.9% | $156M | |||
| 18 | KVUE | 1.9% | $154M | |||
| 19 | TSN | 1.8% | $148M | |||
| 20 | EBAY | 1.7% | $141M | |||
| 21 | INGR | 1.7% | $139M | |||
| 22 | TLN | 1.7% | $138M | |||
| 23 | DIS | 1.6% | $132M | |||
| 24 | ELV | 1.6% | $131M | |||
| 25 | INTU | 1.6% | $128M | |||
| 26 | CTSH | 1.5% | $122M | |||
| 27 | AWI | 1.5% | $121M | |||
| 28 | BR | 1.5% | $120M | |||
| 29 | LHX | 1.5% | $120M | |||
| 30 | EWY | 1.4% | $113M | |||
| 31 | LMT | 1.4% | $110M | |||
| 32 | SYY | 1.3% | $108M | |||
| 33 | NOC | 1.2% | $101M | |||
| 34 | PYPL | 1.2% | $100M | |||
| 35 | OLN | 1.0% | $83M | |||
| 36 | DAR | 1.0% | $77M | |||
| 37 | CL | 0.9% | $73M | |||
| 38 | UNH | 0.9% | $71M | |||
| 39 | BRBR | 0.8% | $68M | |||
| 40 | FOXA | 0.8% | $62M | |||
| 41 | FDS | 0.7% | $53M | |||
| 42 | AVTR | 0.6% | $47M | |||
| 43 | CMCSA | 0.4% | $29M | |||
| 44 | MAS | 0.3% | $23M | |||
| 45 | BIL | 0.3% | $22M | |||
| 46 | UHAL | 0.3% | $21M | |||
| 47 | DVN | 0.3% | $21M | |||
| 48 | LEGH | 0.2% | $20M | |||
| 49 | UL | 0.2% | $15M | |||
| 50 | EMBC | 0.2% | $14M | |||
| 51 | BK | 0.1% | $9M | |||
| 52 | WFC | 0.1% | $9M | |||
| 53 | FICO | 0.1% | $7M | |||
| 54 | EAF | 0.1% | $7M | |||
| 55 | MSCI | 0.1% | $6M | |||
| 56 | MA | 0.1% | $6M | |||
| 57 | MCO | 0.1% | $6M | |||
| 58 | GS | 0.1% | $5M | |||
| 59 | CLX | 0.1% | $5M | |||
| 60 | AON | 0.1% | $4M | |||
| 61 | CPRT | <0.1% | $4M | |||
| 62 | VRSK | <0.1% | $4M | |||
| 63 | SPY | <0.1% | $3M | |||
| 64 | TDY | <0.1% | $2M | |||
| 65 | NTRS | <0.1% | $2M | |||
| 66 | PM | <0.1% | $905K | |||
| 67 | VZ | <0.1% | $847K | |||
| 68 | AMPY | <0.1% | $816K | |||
| 69 | CRMT | <0.1% | $572K | |||
| 70 | CATO | <0.1% | $342K | |||
| 71 | RDI | <0.1% | $339K | |||
| 72 | MO | <0.1% | $302K | |||
| 73 | V | <0.1% | $251K | |||
| 74 | NWS | <0.1% | $228K |
- 1CNQport8.0%val$650MCanadian Natural Resourcesthis Q hold·22q
- port7.2%val$581MBerkshire Hathaway Inc-cl Bthis Q +269%·40q
- 3GOOGport4.9%val$399MAlphabet Inc-cl Cthis Q hold·30q
- 4SCHWport4.7%val$378MSchwab (charles) Corpthis Q hold·29q
- 5MSFTport4.7%val$376MMicrosoft Corpthis Q hold·40q
- port4.4%val$358MU-haul Holding Co-non Votingthis Q hold·15q
- 7JNJport4.0%val$320MJohnson & Johnsonthis Q hold·40q
- 8PGport3.6%val$288MProcter & Gamble Co/thethis Q hold·40q
- 9PEPport3.5%val$281MPepsico Incthis Q hold·40q
- 10FOXport3.3%val$265MFox Corp - Class Bthis Q hold·30q
- 11RSport3.2%val$261MReliance Incthis Q hold·19q
- 12NWSAport2.3%val$188MNews Corp - Class Athis Q hold·29q
- 13FANGport2.2%val$178MDiamondback Energy Incthis Q hold·16q
- 14KOport2.1%val$173MCoca-cola Co/thethis Q hold·40q
- 15COPport2.1%val$167MConocophillipsthis Q hold·40q
- 16EOGport2.0%val$161MEog Resources Incthis Q hold·16q
- 17STTport1.9%val$156MState Street Corpthis Q hold·40q
- 18KVUEport1.9%val$154MKenvue Incthis Q hold·12q
- 19TSNport1.8%val$148MTyson Foods Inc-cl Athis Q hold·23q
- 20EBAYport1.7%val$141MEbay Incthis Q hold·18q
- 21INGRport1.7%val$139MIngredion Incthis Q hold·25q
- 22TLNport1.7%val$138MTalen Energy Corpthis Q hold·8q
- 23DISport1.6%val$132MWalt Disney Co/thethis Q hold·30q
- 24ELVport1.6%val$131MElevance Health Incthis Q hold·40q
- 25INTUport1.6%val$128MIntuit Incthis Q +6561%·2q
- 26CTSHport1.5%val$122MCognizant Tech Solutions-athis Q hold·37q
- 27AWIport1.5%val$121MArmstrong World Industriesthis Q hold·22q
- 28BRport1.5%val$120MBroadridge Financial Solutiothis Q New·—1q
- 29LHXport1.5%val$120ML3harris Technologies Incthis Q hold·22q
- 30EWYport1.4%val$113MIshares Msci South Korea Etfthis Q -43%·4q
- 31LMTport1.4%val$110MLockheed Martin Corpthis Q hold·22q
- 32SYYport1.3%val$108MSysco Corpthis Q hold·40q
- 33NOCport1.2%val$101MNorthrop Grumman Corpthis Q hold·22q
- 34PYPLport1.2%val$100MPaypal Holdings Incthis Q hold·2q
- 35OLNport1.0%val$83MOlin Corpthis Q hold·13q
- 36DARport1.0%val$77MDarling Ingredients Incthis Q hold·10q
- 37CLport0.9%val$73MColgate-palmolive COthis Q hold·40q
- 38UNHport0.9%val$71MUnitedhealth Group Incthis Q hold·5q
- 39BRBRport0.8%val$68MBellring Brands Incthis Q +251%·2q
- 40FOXAport0.8%val$62MFox Corp - Class Athis Q hold·30q
- 41FDSport0.7%val$53MFactset Research Systems Incthis Q hold·2q
- 42AVTRport0.6%val$47MAvantor Incthis Q hold·2q
- 43CMCSAport0.4%val$29MComcast Corp-class Athis Q hold·40q
- 44MASport0.3%val$23MMasco Corpthis Q hold·12q
- 45BILport0.3%val$22MSS Spdr BB 1-3m T-bill Etfthis Q hold·3q
- 46UHALport0.3%val$21MU-haul Holding COthis Q hold·34q
- 47DVNport0.3%val$21MDevon Energy Corpthis Q hold·16q
- 48LEGHport0.2%val$20MLegacy Housing Corpthis Q hold·25q
- 49ULport0.2%val$15MUnilever Plc-sponsored Adrthis Q +21%·3q
- 50EMBCport0.2%val$14MEmbecta Corpthis Q hold·17q
- 51BKport0.1%val$9MBank OF New York Mellon Corpthis Q -82%·40q
- 52WFCport0.1%val$9MWells Fargo & COthis Q hold·40q
- 53FICOport0.1%val$7MFair Isaac Corpthis Q hold·4q
- 54EAFport0.1%val$7MGraftech International Ltdthis Q hold·4q
- 55MSCIport0.1%val$6MMsci Incthis Q hold·9q
- 56MAport0.1%val$6MMastercard Inc - Athis Q hold·26q
- 57MCOport0.1%val$6MMoody's Corpthis Q hold·17q
- 58GSport0.1%val$5MGoldman Sachs Group Incthis Q hold·40q
- 59CLXport0.1%val$5MClorox Companythis Q hold·40q
- 60AONport0.1%val$4MAon Plcthis Q hold·10q
- 61CPRTport<0.1%val$4MCopart Incthis Q +24%·4q
- 62VRSKport<0.1%val$4MVerisk Analytics Incthis Q +43%·4q
- 63SPYport<0.1%val$3MSS Spdr S&p 500 Etf Trust-usthis Q hold·33q
- 64TDYport<0.1%val$2MTeledyne Technologies Incthis Q hold·10q
- 65NTRSport<0.1%val$2MNorthern Trust Corpthis Q hold·12q
- 66PMport<0.1%val$905KPhilip Morris Internationalthis Q hold·40q
- 67VZport<0.1%val$847KVerizon Communications Incthis Q hold·12q
- 68AMPYport<0.1%val$816KAmplify Energy Corpthis Q hold·22q
- 69CRMTport<0.1%val$572KAmerica's Car-mart Incthis Q hold·31q
- 70CATOport<0.1%val$342KCato Corp-class Athis Q hold·22q
- 71RDIport<0.1%val$339KReading International Inc-athis Q hold·40q
- 72MOport<0.1%val$302KAltria Group Incthis Q hold·40q
- 73Vport<0.1%val$251KVisa Inc-class A Sharesthis Q hold·9q
- 74NWSport<0.1%val$228KNews Corp - Class Bthis Q hold·26q
Beyond the 13F
as of 2026-06-30Across Yacktman Asset Management’s registered funds — $10.32B disclosed in SEC Form N-PORT — just 61.0% sits in US-listed equity, the only slice a 13F reports. The other $4.02B is foreign listings, cash and bonds — none of which a 13F can show.
Where the hidden money is
| South Korea | 18.2% | |
| France | 6.0% | |
| United Kingdom | 1.6% | |
| Germany | 0.6% | |
| Japan | 0.4% |
Largest positions no 13F shows
| SAMSUNG ELECTRONICS CO LTD · South Korea · KRW | $578M |
| SAMSUNG ELECTRONICS CO LTD · South Korea · KRW | $423M |
| BOLLORE SE · France · EUR | $410M |
| JPMORGAN TRUST II · United States · USD | $282M |
| FIXED INCOME CLEARING CORPORATION · United States · USD | $278M |
| HYUNDAI MOBIS COMPANY LTD · South Korea · KRW | $237M |
| BOLLORE SE · France · EUR | $190M |
| SAMSUNG C&T CORP · South Korea · KRW | $155M |
From SEC Form N-PORT, which registered funds file with their full portfolio — every currency, asset class and short. Covers 2 funds. The percentage above is the composition of those funds, not a ratio between two filings: a 13F spans every discretionary account but only US-listed securities, while N-PORT covers only the registered funds but every asset inside them — different universes, so the totals are not comparable (the 13F itself reports $8.09B for 2026-06-30). None of this feeds the backtest above, which stays a pure 13F clone.
2026Q2 moves, by size (12)(expand ↓)
| Ticker | Issuer | Move | % Port. | Δ Shares | Value |
|---|---|---|---|---|---|
| BRK/B | Berkshire Hathaway Inc-cl B | ADD | 7.2% | +269% | $581M |
| EWY | Ishares Msci South Korea Etf | TRIM | 1.4% | -43% | $113M |
| INTU | Intuit Inc | ADD | 1.6% | +6561% | $128M |
| BR | Broadridge Financial Solutio | NEW | 1.5% | +100% | $120M |
| BRBR | Bellring Brands Inc | ADD | 0.8% | +251% | $68M |
| BK | Bank OF New York Mellon Corp | TRIM | 0.1% | -82% | $9M |
| CSCO | Cisco Systems Inc | EXIT | 0.2% | -100% | $0 |
| UL | Unilever Plc-sponsored Adr | ADD | 0.2% | +21% | $15M |
| CPRT | Copart Inc | ADD | <0.1% | +24% | $4M |
| VRSK | Verisk Analytics Inc | ADD | <0.1% | +43% | $4M |
| MRSH | Marsh & Mclennan Cos | EXIT | <0.1% | -100% | $0 |
| GOLD | Gold.com Inc | EXIT | <0.1% | -100% | $0 |
- ADDBRK/B7.2%Berkshire Hathaway Inc-cl BΔ +269%·$581M
- TRIMEWY1.4%Ishares Msci South Korea EtfΔ -43%·$113M
- ADDINTU1.6%Intuit IncΔ +6561%·$128M
- NEWBR1.5%Broadridge Financial SolutioΔ +100%·$120M
- ADDBRBR0.8%Bellring Brands IncΔ +251%·$68M
- TRIMBK0.1%Bank OF New York Mellon CorpΔ -82%·$9M
- EXITCSCO0.2%Cisco Systems IncΔ -100%·$0
- ADDUL0.2%Unilever Plc-sponsored AdrΔ +21%·$15M
- ADDCPRT<0.1%Copart IncΔ +24%·$4M
- ADDVRSK<0.1%Verisk Analytics IncΔ +43%·$4M
- EXITMRSH<0.1%Marsh & Mclennan CosΔ -100%·$0
- EXITGOLD<0.1%Gold.com IncΔ -100%·$0
About Yacktman Asset Management
Yacktman Asset Management, founded by Donald Yacktman and now run alongside his son Stephen, built its reputation on patient, concentrated ownership of durable-franchise businesses purchased at a discount to intrinsic value — a style sometimes described as "forward rate of return" investing, where the team explicitly ranks holdings by expected return given current price. The firm became widely noted for its willingness to hold cash when opportunities are scarce and to concentrate aggressively when they are not; historically, consumer staples and media names like PepsiCo and News Corp anchored the book for years. Today's 13F reflects a somewhat more diversified posture — 76 positions, top-5 at roughly 29%, with CNQ as the largest disclosed holding — suggesting either a more cautious deployment environment or style drift worth monitoring. The portfolio is long-only equities, so the 13F captures the book with reasonable fidelity; no material derivatives or short overlay is part of the public strategy. The clone backtest showing modest negative excess returns over twelve years is consistent with a quality-value tilt that has faced persistent headwinds against a momentum-driven, growth-led market.
2026Q2 brief
Yacktman's most eye-catching move in 2026Q2 is a near-total rebuild of INTU — up a staggering 6,561% to 1.6% of the $8.1B portfolio — suggesting the team effectively re-initiated a position that had been nearly eliminated, likely taking advantage of a pullback in the software compunder. The tripling of BRK/B (now the #2 holding at 7.2%) is equally significant: adding Berkshire aggressively while most super-investors already hold it is a quiet concentration bet on a cash-rich, defensive conglomerate in an uncertain macro. New position BR (Broadridge Financial, 1.5%) fits the firm's franchise-quality, low-cyclicality playbook. On the trim side, EWY (South Korea ETF) was cut 43% and BK slashed 82%, with CSCO exited entirely — suggesting a retreat from international macro exposure and financial sector diversification. CNQ remains the top holding at 8%, keeping energy at the portfolio's center of gravity alongside GOOG (4.9%) and MSFT (4.7%). Watch whether SCHW (4.7%) gets further built or trimmed next quarter, as brokerage earnings sensitivity to rate cuts could prompt a re-rating of that thesis.
AI-generated. Not investment advice.
Filing history
Yacktman Asset Management's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.
| Quarter | Positions | Portfolio value |
|---|---|---|
| Q2 2026 — what changed → | 74 | $8.09B |
| Q1 2026 — what changed → | 76 | $7.50B |
| Q4 2025 — what changed → | 72 | $7.14B |
| Q3 2025 — what changed → | 70 | $7.26B |
| Q2 2025 — what changed → | 70 | $7.44B |
| Q1 2025 — what changed → | 70 | $7.61B |
| Q4 2024 holdings | 71 | $8.55B |
| Q3 2024 holdings | 71 | $9.75B |
| Q2 2024 holdings | 72 | $10.66B |
| Q1 2024 holdings | 73 | $11.12B |
| Q4 2023 holdings | 70 | $10.75B |
| Q3 2023 holdings | 70 | $10.15B |
Values as disclosed at each quarter end. Older filings on EDGAR.
Multibaggers Yacktman Asset Management held
Stocks up 5x or more since Yacktman Asset Management first held them at conviction size — the holding record behind the returns. Longest unbroken run and largest book weight are shown for each.
- MU39.9xMICRON TECHNOLOGY INC24q straight · peak 0.66%
- MSFT11.2xMICROSOFT CORP49q straight · peak 7.39% · still holds
- GOOG10.6xALPHABET INC-CL C29q straight · peak 6.08% · still holds
- GLW9.6xCORNING INC44q straight · peak 0.67%
- GS8.2xGOLDMAN SACHS GROUP INC49q straight · peak 0.94% · still holds
- CSCO7.4xCISCO SYSTEMS INC49q straight · peak 7.32% · still holds
Six biggest of 10. Price multiple since the first quarter we observed a conviction holding (2014Q1 at the earliest), not Yacktman Asset Management's realized return — entry price and trades between filings aren't disclosed. Peak weight is share of disclosed US 13F book. All 129 multibaggers the cohort held →
Frequently asked questions
- What stocks does Yacktman Asset Management own?
- As of 2026Q2, Yacktman Asset Management's 13F discloses 74 positions worth $8.09B. The top five holdings: CNQ (8.0%), BRK/B (7.2%), GOOG (4.9%), SCHW (4.7%), MSFT (4.7%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
- What did Yacktman Asset Management buy this quarter?
- In 2026Q2, the filing shows 1 new position and 6 additions to existing holdings. The largest positions touched by buying: BRK/B, INTU, BR, BRBR, UL.
- How big is Yacktman Asset Management's portfolio?
- $8.09B across 74 positions per the latest 13F (filed Aug 11, 2026). The top five holdings account for 30% of the disclosed book.
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Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0000905567). Not investment advice.