13F filing recap · Q4 2014

What did Yacktman Asset Management buy in Q4 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

$24.12B

Positions

Estimated turnover

13.2%

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

ELVElevance Health, Inc.$392.16Mreported value+3.12M shares UNUnilever Plc$137.95Mreported value+3.53M shares SPYSPDR S&P 500 ETF Trust$762.0Kreported value+3.7K shares

Increased positions

ORCLOracle Corporation$1.71Breported value+7.14M shares+23.1%FOXATwenty-First Century Fox, Inc.$929.03Mreported value+2.36M shares+10.3%VIABViacom Inc.$706.93Mreported value+16.3K shares+0.2%XOMExxon Mobil Corp.$648.25Mreported value+4.1K shares

Reduced positions

PGProcter & Gamble Co$2.58Breported value-575.5K shares-2.0%PEPPepsico, Inc.$2.55Breported value-2.22M shares-7.6%KOCoca Cola Co$1.74Breported value-1.63M shares-3.8%CSCOCisco Systems, Inc.$1.59Breported value-3.97M shares

Exited positions

WLPWellpoint Inc$374.65Mprior reported value-3.13M shares-100.0%BDXBecton Dickinson & Co$148.36Mprior reported value-1.30M shares-100.0%CSVIUSDComputer Services, Inc.$1.26Mprior reported value-34.2K shares-100.0%