N-PORT filing recap · June 2024

What did AMG Yacktman Fund buy in June 2024?

Reported stock-position changes between this filing and the previous one. These are AMG Yacktman Fund's own holdings, not the firm's.

Stock value

$6.97B

Positions

Estimated turnover

7.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

AMG Yacktman Fund opened a new position in Talen Energy Corporation and exited First Hawaiian and Pioneer Natural Resources. It substantially increased its stakes in Canadian Natural Resources and Kenvue. The fund also trimmed Microsoft, Alphabet, Schwab Charles, Associated British Foods, State Street, Bank of New York Mellon, Brenntag, and Goldman Sachs.

New positions

TLNTalen Energy Corporation$44.41Mreported value+400.0K shares

Increased positions

CNQCanadian Natural Resources Limited$583.84Mreported value+8.11M shares+97.8%KVUEKenvue Inc.$90.90Mreported value+1.70M shares+51.5%

Reduced positions

MSFTMicrosoft Corporation$357.56Mreported value-30.0K shares-3.6%GOOGAlphabet Inc.$344.83Mreported value-70.0K shares-3.6%SCHWSchwab Charles Corp$235.81Mreported value-200.0K shares-5.9%ABFAssociated British Foods Plc$140.51Mreported value-1.10M shares

Exited positions

PXDPioneer Natural Resources Co$55.13Mprior reported value-210.0K shares-100.0%FHBFirst Hawaiian, Inc.$15.37Mprior reported value-700.0K shares-100.0%