13F filing recap · Q3 2017

What did Yacktman Asset Management buy in Q3 2017?

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

$10.35B

Positions

Estimated turnover

2.0%

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

UNUnilever Plc$65.57Mreported value+1.11M shares MFGPMicro Focus International Plc$8.77Mreported value+274.8K shares DGDollar General Corp$263.0Kreported value+3.3K shares

Increased positions

FOXATwenty-First Century Fox, Inc.$709.59Mreported value+219.8K shares+0.8%INFYInfosys Limited$87.99Mreported value+2.18M shares+56.8%AVPAvon Products, Inc.$44.58Mreported value+51.4K shares+0.3%RDIReading International, Inc.$802.0Kreported value+27.0K shares

Reduced positions

PGProcter & Gamble Co$1.40Breported value-59.2K shares-0.4%FOXATwenty-First Century Fox, Inc.$935.61Mreported value-224.4K shares-0.6%PEPPepsico, Inc.$892.98Mreported value-55.3K shares-0.7%CSCOCisco Systems, Inc.$756.90Mreported value-104.6K shares

Exited positions

SPLSStaples Inc$22.41Mprior reported value-2.23M shares-100.0%