13F filing recap · Q1 2021

What did Yacktman Asset Management buy in Q1 2021?

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

$9.57B

Positions

Estimated turnover

18.1%

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

CNQCanadian Natural Resources Limited$206.79Mreported value+6.70M shares NOCNorthrop Grumman Corp /de/$140.03Mreported value+432.7K shares LMTLockheed Martin Corporation$138.66Mreported value+375.3K shares LHXL3harris Technologies, Inc.$137.71Mreported value+679.4K shares AWIArmstrong World Industries, Inc.$100.37Mreported value+1.11M shares CATOThe Cato Corporation$1.10Mreported value+92.0K shares AMPYAmplify Energy Corp.$473.0Kreported value+170.0K shares

Increased positions

MSFTMicrosoft Corporation$496.83Mreported value+263.2K shares+14.3%GOOGAlphabet Inc.$486.06Mreported value+2.7K shares+1.2%PEPPepsico, Inc.$469.13Mreported value+71.8K shares+2.2%PGProcter & Gamble Co$435.63Mreported value+73.9K shares

Reduced positions

SYYSysco Corporation$466.47Mreported value-742 shares-0.0%DISWalt Disney Co/$417.91Mreported value-92.0K shares-3.9%NWSANews Corporation$414.45Mreported value-5.14M shares-24.0%FOXFox Corporation$301.79Mreported value-436.5K shares

Exited positions

WDRWaddell & Reed Financial, Inc.$9.22Mprior reported value-362.0K shares-100.0%SPYSPDR S&P 500 ETF Trust$769.0Kprior reported value-2.1K shares-100.0%