Donald Yacktman

Yacktman Asset Management

Value-oriented fund manager

$7.14B

Portfolio Value

Holdings

Q4 '25

Period

2026-02-03

Filed

📉

Simulated 13F Return

⚠️ Approximation

Total Return

+9.2%

Q1 '25 → Q4 '25

Annualized

+12.4%/yr

S&P: +26.24%/yr

Alpha (vs S&P)

-9.98%

3 quarters tracked

1-Year Return

—

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

CNQREDUCED

8.9% of portfolio

-10% shares-0.3pp

MSFTINCREASED

6.5% of portfolio

-6% shares-0.8pp

SCHWREDUCED

5.5% of portfolio

-6% shares-0.0pp

FOXREDUCED

5.1% of portfolio

-4% shares+0.5pp

GOOGREDUCED

5.0% of portfolio

-3% shares+1.0pp

PEPREDUCED

4.1% of portfolio

-2% shares+0.1pp

PGREDUCED

3.8% of portfolio

-1% shares-0.3pp

UHAL-BREDUCED

3.8% of portfolio

-0% shares-0.3pp

JNJREDUCED

3.6% of portfolio

-3% shares+0.3pp

CTSHREDUCED

3.5% of portfolio

-10% shares+0.4pp

RSREDUCED

2.8% of portfolio

-2% shares+0.1pp

NWSAREDUCED

2.7% of portfolio

-1% shares-0.5pp

BRK.BREDUCED

2.2% of portfolio

-2% shares-0.0pp

INGRREDUCED

2.2% of portfolio

-1% shares-0.2pp

DISREDUCED

2.1% of portfolio

-2% shares-0.0pp

FANGINCREASED

2.1% of portfolio

-2% shares+0.1pp

KOREDUCED

2.1% of portfolio

-1% shares+0.1pp

TSNREDUCED

2.0% of portfolio

-2% shares+0.1pp

COPREDUCED

2.0% of portfolio

-2% shares-0.0pp

AWIREDUCED

2.0% of portfolio

-2% shares-0.1pp

KVUEREDUCED

1.9% of portfolio

-1% shares+0.1pp

TLNREDUCED

1.9% of portfolio

-0% shares-0.2pp

EBAYREDUCED

1.9% of portfolio

-3% shares-0.1pp

EOGREDUCED

1.7% of portfolio

-3% shares-0.1pp

LHXREDUCED

1.7% of portfolio

-2% shares-0.1pp

STTINCREASED

1.6% of portfolio

-13% shares-0.0pp

ELVREDUCED

1.6% of portfolio

-2% shares+0.1pp

EWYNEW

1.6% of portfolio

New position

NOCREDUCED

1.5% of portfolio

-2% shares-0.1pp

LMTREDUCED

1.5% of portfolio

-1% shares-0.0pp

SYYREDUCED

1.3% of portfolio

-2% shares-0.2pp

FOXAREDUCED

1.2% of portfolio

-21% shares-0.1pp

OLNREDUCED

1.1% of portfolio

-1% shares-0.2pp

CLREDUCED

0.9% of portfolio

-1% shares

UNHREDUCED

0.8% of portfolio

-4% shares-0.1pp

WBDREDUCED

0.7% of portfolio

-76% shares-1.3pp

DARREDUCED

0.7% of portfolio

-7% shares+0.1pp

BKREDUCED

0.6% of portfolio

-7% shares

CMCSAREDUCED

0.5% of portfolio

-1% shares-0.0pp

EMBCINCREASED

0.4% of portfolio

+3% shares-0.0pp

CSCOREDUCED

0.4% of portfolio

-5% shares+0.0pp

SPYREDUCED

0.3% of portfolio

+618% shares+0.3pp

UHALREDUCED

0.2% of portfolio

-1% shares-0.0pp

DVNREDUCED

0.2% of portfolio

-17% shares-0.0pp

EAFINCREASED

0.2% of portfolio

-7% shares+0.0pp

BILNEW

0.2% of portfolio

New position

MASREDUCED

0.2% of portfolio

-8% shares-0.0pp

UNLYFNEW

0.2% of portfolio

New position

WFCREDUCED

0.1% of portfolio

-19% shares-0.0pp

CLXREDUCED

0.1% of portfolio

-18% shares-0.0pp

FICOINCREASED

0.1% of portfolio

+8% shares+0.0pp

GSREDUCED

0.1% of portfolio

-28% shares-0.0pp

CPRTREDUCED

0.1% of portfolio

+33% shares

CRMTINCREASED

0.1% of portfolio

+17% shares

MRSHINCREASED

0.1% of portfolio

+11% shares

VRSKINCREASED

<0.1% of portfolio

+17% shares

LEGHREDUCED

<0.1% of portfolio

+193% shares+0.0pp

TDYREDUCED

<0.1% of portfolio

-13% shares

RDIBREDUCED

<0.1% of portfolio

-4% shares

AMRKREDUCED

<0.1% of portfolio

-22% shares

ULSOLD

was 0.2%

Sold out position

Filing price: $59.28

Sold Out (1)

SOLDULUnilever PLC ADRwas 0.19%@$59.28

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 41.8%Technology 11.5%Consumer Staples 10.9%Financials 10.3%Communication Services 8.4%+4 more (17.0%)

💼 Holdings

🔍

72 of 72 positions · $7.14B

This quarter: 3 new positions, increased 9, reduced 48, sold 1. Net seller.

#	Stock	% Portfolio▼	Activity	Shares	Reported Price	Value	Current Price	+/- Reported	52w Low	52w High	SEC
1	CNQCanadian Natural Resources Limited	8.9%	Reduce 10.20%	18775420	$33.85	$635.5M	—	—	—	—	📄
2	MSFTMicrosoft Corporation	6.5%	Add 6.24%	963825	$483.62	$466.1M	—	—	—	—	📄
3	SCHWThe Charles Schwab Corporation	5.5%	Reduce 6.15%	3936540	$99.91	$393.3M	—	—	—	—	📄
4	FOXFox Corporation	5.1%	Reduce 3.95%	5569791	$64.93	$361.6M	—	—	—	—	📄
5	GOOGAlphabet Inc.	5.0%	Reduce 3.14%	1129807	$313.80	$354.5M	—	—	—	—	📄
6	PEPPepsiCo, Inc.	4.1%	Reduce 1.54%	2028631	$143.52	$291.1M	—	—	—	—	📄
7	PGThe Procter & Gamble Company	3.8%	Reduce 1.21%	1918353	$143.31	$274.9M	—	—	—	—	📄
8	UHAL-BU-Haul Holding Company	3.8%	Reduce 0.25%	5787394	$46.74	$270.5M	—	—	—	—	📄
9	JNJJohnson & Johnson	3.6%	Reduce 2.69%	1252646	$206.95	$259.2M	—	—	—	—	📄
10	CTSHCognizant Technology Solutions Corporation	3.5%	Reduce 9.58%	2983431	$83.00	$247.6M	—	—	—	—	📄
11	RSReliance, Inc.	2.8%	Reduce 1.50%	691626	$288.87	$199.8M	—	—	—	—	📄
12	NWSANews Corporation	2.7%	Reduce 1.25%	7329228	$26.12	$191.4M	—	—	—	—	📄
13	BRK.BBerkshire Hathaway Inc. Class B	2.2%	Reduce 2.29%	313033	$502.65	$157.3M	—	—	—	—	📄
14	INGRIngredion Incorporated	2.2%	Reduce 1.28%	1423654	$110.26	$157.0M	—	—	—	—	📄
15	DISThe Walt Disney Company	2.1%	Reduce 1.76%	1333916	$113.77	$151.8M	—	—	—	—	📄
16	FANGDiamondback Energy, Inc.	2.1%	Add 1.76%	996619	$150.33	$149.8M	—	—	—	—	📄
17	KOThe Coca-Cola Company	2.1%	Reduce 1.29%	2108644	$69.91	$147.4M	—	—	—	—	📄
18	TSNTyson Foods, Inc.	2.0%	Reduce 2.32%	2489380	$58.62	$145.9M	—	—	—	—	📄
19	COPConocoPhillips	2.0%	Reduce 2.38%	1549903	$93.61	$145.1M	—	—	—	—	📄
20	AWIArmstrong World Industries, Inc.	2.0%	Reduce 2.31%	741742	$191.10	$141.7M	—	—	—	—	📄
21	KVUEKenvue Inc.	1.9%	Reduce 1.04%	7857496	$17.25	$135.5M	—	—	—	—	📄
22	TLNTalen Energy Corporation	1.9%	Reduce 0.03%	360000	$374.84	$134.9M	—	—	—	—	📄
23	EBAYeBay Inc.	1.9%	Reduce 2.83%	1532330	$87.10	$133.5M	—	—	—	—	📄
24	EOGEOG Resources, Inc.	1.7%	Reduce 2.64%	1187019	$105.01	$124.6M	—	—	—	—	📄
25	LHXL3Harris Technologies, Inc.	1.7%	Reduce 2.05%	408227	$293.57	$119.8M	—	—	—	—	📄
26	STTState Street Corporation	1.6%	Add 13.15%	913555	$129.01	$117.9M	—	—	—	—	📄
27	ELVElevance Health, Inc.	1.6%	Reduce 1.68%	328756	$350.55	$115.2M	—	—	—	—	📄
28	EWYiShares, Inc. - iShares MSCI South Korea ETF	1.6%	Buy	1144611	$97.22	$111.3M	—	—	—	—	📄
29	NOCNorthrop Grumman Corporation	1.5%	Reduce 1.97%	193937	$570.21	$110.6M	—	—	—	—	📄
30	LMTLockheed Martin Corporation	1.5%	Reduce 1.11%	214473	$483.67	$103.7M	—	—	—	—	📄
31	SYYSysco Corporation	1.3%	Reduce 2.33%	1223605	$73.69	$90.2M	—	—	—	—	📄
32	FOXAFox Corporation	1.2%	Reduce 20.93%	1202063	$73.07	$87.8M	—	—	—	—	📄
33	OLNOlin Corporation	1.1%	Reduce 1.30%	3922318	$20.83	$81.7M	—	—	—	—	📄
34	CLColgate-Palmolive Company	0.9%	Reduce 0.83%	787300	$79.02	$62.2M	—	—	—	—	📄
35	UNHUnitedHealth Group Incorporated	0.8%	Reduce 4.03%	167550	$330.11	$55.3M	—	—	—	—	📄
36	WBDWarner Bros. Discovery, Inc.	0.7%	Reduce 75.70%	1782860	$28.82	$51.4M	—	—	—	—	📄
37	DARDarling Ingredients Inc.	0.7%	Reduce 6.53%	1389217	$36.00	$50.0M	—	—	—	—	📄
38	BKBank of New York Mellon	0.6%	Reduce 7.35%	365736	$116.09	$42.5M	—	—	—	—	📄
39	CMCSAComcast Corporation	0.5%	Reduce 0.64%	1161500	$29.89	$34.7M	—	—	—	—	📄
40	EMBCEmbecta Corp.	0.4%	Add 3.25%	2262915	$11.88	$26.9M	—	—	—	—	📄
41	CSCOCisco Systems, Inc.	0.4%	Reduce 5.42%	340638	$77.03	$26.2M	—	—	—	—	📄
42	SPYSPDR S&P 500 ETF	0.3%	Reduce 618.40%	32091	$681.92	$21.9M	—	—	—	—	📄
43	UHALU-Haul Holding Company	0.2%	Reduce 1.06%	327276	$50.41	$16.5M	—	—	—	—	📄
44	DVNDevon Energy Corporation	0.2%	Reduce 17.05%	432311	$36.63	$15.8M	—	—	—	—	📄
45	EAFGrafTech International Ltd.	0.2%	Add 6.59%	998475	$15.51	$15.5M	—	—	—	—	📄
46	BILSPDR Bloomberg 1-3 Month T-Bill ETF	0.2%	Buy	167893	$91.38	$15.3M	—	—	—	—	📄
47	MASMasco Corporation	0.2%	Reduce 7.57%	233847	$63.46	$14.8M	—	—	—	—	📄
48	UNLYFUnilever PLC ADR	0.2%	Buy	195803	$65.40	$12.8M	—	—	—	—	📄
49	WFCWells Fargo & Company	0.1%	Reduce 18.80%	102319	$93.20	$9.5M	—	—	—	—	📄
50	MAMastercard Incorporated	0.1%	Held	11670	$570.88	$6.7M	—	—	—	—	📄
51	MCOMoody's Corporation	0.1%	Held	12425	$510.85	$6.3M	—	—	—	—	📄
52	MSCIMSCI Inc.	0.1%	Held	10900	$573.73	$6.3M	—	—	—	—	📄
53	CLXThe Clorox Company	0.1%	Reduce 18.48%	48095	$100.83	$4.8M	—	—	—	—	📄
54	FICOFair Isaac & Co.	0.1%	Add 8.29%	2744	$1690.62	$4.6M	—	—	—	—	📄
55	AONAon plc	0.1%	Held	12915	$352.88	$4.6M	—	—	—	—	📄
56	GSThe Goldman Sachs Group, Inc.	0.1%	Reduce 27.75%	4985	$879.00	$4.4M	—	—	—	—	📄
57	CPRTCopart, Inc.	0.1%	Reduce 33.21%	100170	$39.15	$3.9M	—	—	—	—	📄
58	CRMTAmerica's Car-Mart, Inc.	0.1%	Add 16.54%	155000	$25.26	$3.9M	—	—	—	—	📄
59	MRSHMarsh & McLennan Cos	0.1%	Add 11.16%	19280	$185.52	$3.6M	—	—	—	—	📄
60	VRSKVerisk Analytics Inc.	<0.1%	Add 17.48%	15460	$223.69	$3.5M	—	—	—	—	📄
61	LEGHLegacy Housing Corporation	<0.1%	Reduce 192.79%	175675	$19.52	$3.4M	—	—	—	—	📄
62	VZVerizon Communications Inc.	<0.1%	Held	40000	$40.73	$1.6M	—	—	—	—	📄
63	NTRSONorthern Trust Corporation	<0.1%	Held	9500	$136.59	$1.3M	—	—	—	—	📄
64	TDYTeledyne Technologies Incorporated	<0.1%	Reduce 12.50%	2100	$510.73	$1.1M	—	—	—	—	📄
65	AMPYAmplify Energy Corp.	<0.1%	Held	230000	$4.57	$1.1M	—	—	—	—	📄
66	PMPhilip Morris International Inc.	<0.1%	Held	6300	$160.40	$1.0M	—	—	—	—	📄
67	CATOThe Cato Corporation	<0.1%	Held	105445	$3.09	$326K	—	—	—	—	📄
68	RDIBReading International, Inc.	<0.1%	Reduce 3.64%	265000	$1.05	$278K	—	—	—	—	📄
69	VVisa Inc. Class A	<0.1%	Held	732	$350.71	$257K	—	—	—	—	📄
70	MOAltria Group, Inc.	<0.1%	Held	4200	$57.66	$242K	—	—	—	—	📄
71	NWSNews Corporation	<0.1%	Held	8140	$29.63	$241K	—	—	—	—	📄
72	AMRKGold.com Inc	<0.1%	Reduce 22.22%	7000	$34.05	$238K	—	—	—	—	📄

CNQREDUCED

8.9%

8.9% of portfolio (was 9.2%, trimmed)

Filed ~$34

—📄

MSFTINCREASED

6.5%

6.5% of portfolio (was 7.3%, added)

Filed ~$484

—📄

SCHWREDUCED

5.5%

5.5% of portfolio (was 5.5%, trimmed)

Filed ~$100

—📄

FOXREDUCED

5.1%

5.1% of portfolio (was 4.6%, trimmed)

Filed ~$65

—📄

GOOGREDUCED

5.0%

5.0% of portfolio (was 3.9%, trimmed)

Filed ~$314

—📄

PEPREDUCED

4.1%

4.1% of portfolio (was 4.0%, trimmed)

Filed ~$144

—📄

PGREDUCED

3.8%

3.8% of portfolio (was 4.1%, trimmed)

Filed ~$143

—📄

UHAL-BREDUCED

3.8%

3.8% of portfolio (was 4.1%, trimmed)

Filed ~$47

—📄

JNJREDUCED

3.6%

3.6% of portfolio (was 3.3%, trimmed)

Filed ~$207

—📄

CTSHREDUCED

3.5%

3.5% of portfolio (was 3.0%, trimmed)

Filed ~$83

—📄

RSREDUCED

2.8%

2.8% of portfolio (was 2.7%, trimmed)

Filed ~$289

—📄

NWSAREDUCED

2.7%

2.7% of portfolio (was 3.1%, trimmed)

Filed ~$26

—📄

BRK.BREDUCED

2.2%

2.2% of portfolio (was 2.2%, trimmed)

Filed ~$503

—📄

INGRREDUCED

2.2%

2.2% of portfolio (was 2.4%, trimmed)

Filed ~$110

—📄

DISREDUCED

2.1%

2.1% of portfolio (was 2.1%, trimmed)

Filed ~$114

—📄

FANGINCREASED

2.1%

2.1% of portfolio (was 2.0%, added)

Filed ~$150

—📄

KOREDUCED

2.1%

2.1% of portfolio (was 2.0%, trimmed)

Filed ~$70

—📄

TSNREDUCED

2.0%

2.0% of portfolio (was 1.9%, trimmed)

Filed ~$59

—📄

COPREDUCED

2.0%

2.0% of portfolio (was 2.1%, trimmed)

Filed ~$94

—📄

AWIREDUCED

2.0%

2.0% of portfolio (was 2.1%, trimmed)

Filed ~$191

—📄

KVUEREDUCED

1.9%

1.9% of portfolio (was 1.8%, trimmed)

Filed ~$17

—📄

TLNREDUCED

1.9%

1.9% of portfolio (was 2.1%, trimmed)

Filed ~$375

—📄

EBAYREDUCED

1.9%

1.9% of portfolio (was 2.0%, trimmed)

Filed ~$87

—📄

EOGREDUCED

1.7%

1.7% of portfolio (was 1.9%, trimmed)

Filed ~$105

—📄

LHXREDUCED

1.7%

1.7% of portfolio (was 1.8%, trimmed)

Filed ~$294

—📄

STTINCREASED

1.6%

1.6% of portfolio (was 1.7%, added)

Filed ~$129

—📄

ELVREDUCED

1.6%

1.6% of portfolio (was 1.5%, trimmed)

Filed ~$351

—📄

EWYNEW

1.6%

1.6% of portfolio (new position)

Filed ~$97

—📄

NOCREDUCED

1.5%

1.5% of portfolio (was 1.7%, trimmed)

Filed ~$570

—📄

LMTREDUCED

1.5%

1.5% of portfolio (was 1.5%, trimmed)

Filed ~$484

—📄

SYYREDUCED

1.3%

1.3% of portfolio (was 1.4%, trimmed)

Filed ~$74

—📄

FOXAREDUCED

1.2%

1.2% of portfolio (was 1.3%, trimmed)

Filed ~$73

—📄

OLNREDUCED

1.1%

1.1% of portfolio (was 1.4%, trimmed)

Filed ~$21

—📄

CLREDUCED

0.9%

0.9% of portfolio (was 0.9%, trimmed)

Filed ~$79

—📄

UNHREDUCED

0.8%

0.8% of portfolio (was 0.8%, trimmed)

Filed ~$330

—📄

WBDREDUCED

0.7%

0.7% of portfolio (was 2.0%, trimmed)

Filed ~$29

—📄

DARREDUCED

0.7%

0.7% of portfolio (was 0.6%, trimmed)

Filed ~$36

—📄

BKREDUCED

0.6%

0.6% of portfolio (was 0.6%, trimmed)

Filed ~$116

—📄

CMCSAREDUCED

0.5%

0.5% of portfolio (was 0.5%, trimmed)

Filed ~$30

—📄

EMBCINCREASED

0.4%

0.4% of portfolio (was 0.4%, added)

Filed ~$12

—📄

CSCOREDUCED

0.4%

0.4% of portfolio (was 0.3%, trimmed)

Filed ~$77

—📄

SPYREDUCED

0.3%

0.3% of portfolio (was <0.1%, trimmed)

Filed ~$682

—📄

UHALREDUCED

0.2%

0.2% of portfolio (was 0.3%, trimmed)

Filed ~$50

—📄

DVNREDUCED

0.2%

0.2% of portfolio (was 0.3%, trimmed)

Filed ~$37

—📄

EAFINCREASED

0.2%

0.2% of portfolio (was 0.2%, added)

Filed ~$16

—📄

BILNEW

0.2%

0.2% of portfolio (new position)

Filed ~$91

—📄

MASREDUCED

0.2%

0.2% of portfolio (was 0.2%, trimmed)

Filed ~$63

—📄

UNLYFNEW

0.2%

0.2% of portfolio (new position)

Filed ~$65

—📄

WFCREDUCED

0.1%

0.1% of portfolio (was 0.1%, trimmed)

Filed ~$93

—📄

0.1%

0.1% of portfolio

Filed ~$571

—📄

MCO

0.1%

0.1% of portfolio

Filed ~$511

—📄

MSCI

0.1%

0.1% of portfolio

Filed ~$574

—📄

CLXREDUCED

0.1%

0.1% of portfolio (was 0.1%, trimmed)

Filed ~$101

—📄

FICOINCREASED

0.1%

0.1% of portfolio (was 0.1%, added)

Filed ~$1691

—📄

AON

0.1%

0.1% of portfolio

Filed ~$353

—📄

GSREDUCED

0.1%

0.1% of portfolio (was 0.1%, trimmed)

Filed ~$879

—📄

CPRTREDUCED

0.1%

0.1% of portfolio (was <0.1%, trimmed)

Filed ~$39

—📄

CRMTINCREASED

0.1%

0.1% of portfolio (was 0.1%, added)

Filed ~$25

—📄

MRSHINCREASED

0.1%

0.1% of portfolio (was <0.1%, added)

Filed ~$186

—📄

VRSKINCREASED

<0.1%

<0.1% of portfolio (was <0.1%, added)

Filed ~$224

—📄

LEGHREDUCED

<0.1%

<0.1% of portfolio (was <0.1%, trimmed)

Filed ~$20

—📄

<0.1%

<0.1% of portfolio

Filed ~$41

—📄

NTRSO

<0.1%

<0.1% of portfolio

Filed ~$137

—📄

TDYREDUCED

<0.1%

<0.1% of portfolio (was <0.1%, trimmed)

Filed ~$511

—📄

AMPY

<0.1%

<0.1% of portfolio

Filed ~$5

—📄

<0.1%

<0.1% of portfolio

Filed ~$160

—📄

CATO

<0.1%

<0.1% of portfolio

Filed ~$3

—📄

RDIBREDUCED

<0.1%

<0.1% of portfolio (was <0.1%, trimmed)

Filed ~$1

—📄

<0.1%

<0.1% of portfolio

Filed ~$351

—📄

<0.1%

<0.1% of portfolio

Filed ~$58

—📄

NWS

<0.1%

<0.1% of portfolio

Filed ~$30

—📄

AMRKREDUCED

<0.1%

<0.1% of portfolio (was <0.1%, trimmed)

Filed ~$34

—📄

🚫 Sold Out (1 positions)

SOLDULUnilever PLC ADRwas 0.19%@$59.28235669 shares · $14.0M