13F filing recap · Q2 2014

What did Yacktman Asset Management buy in Q2 2014?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Yacktman-managed account, including accounts that belong to no fund below.

Stock value

$24.59B

Positions

Estimated turnover

8.3%

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.

New positions

BACBank of America Corp$87.07Mreported value+5.67M shares SSNLFSamsung Electronics Co Ltd$1.57Mreported value+1.2K shares

Increased positions

PGProcter & Gamble Co$2.22Breported value+1.68M shares+6.3%MSFTMicrosoft Corporation$1.37Breported value+33 shares+0.0%FOXATwenty-First Century Fox, Inc.$640.19Mreported value+14.61M shares+356.6%USBUS Bancorp$548.35Mreported value+7.0K shares

Reduced positions

PEPPepsico, Inc.$2.82Breported value-1.50M shares-4.5%KOCoca Cola Co$1.88Breported value-74.6K shares-0.2%FOXATwenty-First Century Fox, Inc.$1.55Breported value-14.41M shares-24.6%CSCOCisco Systems, Inc.$1.55Breported value-6.7K shares

Exited positions

COVCovidien Plc$131.47Mprior reported value-1.78M shares-100.0%BACBank of America Corp$97.52Mprior reported value-5.67M shares-100.0%