13F filing recap · Q1 2020

What did Yacktman Asset Management buy in Q1 2020?

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

$6.03B

Positions

Estimated turnover

25.9%

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

HUNHuntsman Corporation$96.75Mreported value+6.70M shares RLRalph Lauren Corporation$49.99Mreported value+748.1K shares FHBFirst Hawaiian, Inc.$46.91Mreported value+2.84M shares QRTEAQurate Retail, Inc.$35.62Mreported value+5.83M shares NWSNews Corporation$8.94Mreported value+993.9K shares WDRWaddell & Reed Financial, Inc.$5.12Mreported value+450.0K shares FFFuturefuel Corp.$2.25Mreported value+200.0K shares MAMastercard Inc$2.24Mreported value+9.3K shares VMIValmont Industries Inc$1.70Mreported value+16.0K shares TRECTrecora Resources$1.28Mreported value+215.0K shares TLYSTilly'S, Inc.$910.0Kreported value+220.3K shares

Increased positions

BKNGBooking Holdings Inc.$286.30Mreported value+646 shares+0.3%SYYSysco Corporation$280.97Mreported value+2.35M shares+61.9%GOOGAlphabet Inc.$276.14Mreported value+56.2K shares+31.0%FOXFox Corporation$256.79Mreported value+2.84M shares

Reduced positions

PEPPepsico, Inc.$406.13Mreported value-1.06M shares-23.9%JNJJohnson & Johnson$383.11Mreported value-798.6K shares-21.5%MSFTMicrosoft Corporation$370.49Mreported value-262.4K shares-10.0%PGProcter & Gamble Co$350.87Mreported value-1.79M shares

Exited positions

CRMTAmerica'S Car-Mart, Inc.$362.0Kprior reported value-3.3K shares-100.0%CHRWC.h. Robinson Worldwide, Inc.$289.0Kprior reported value-3.7K shares-100.0%