Yacktmans not a gunslinger, nor does he think hell beat the S&P 500 every year. The 71-year-old with a broad build and bald pate is thriving in the slumping, post-crisis world of stock mutual funds. Find contact's direct phone number, email address, work history, and more. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, the modification by alpha dispersion is not used. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. His voice rarely rises above a quiet conversational level. He joined the firm in 2013 and is portfolio manager for the AMG Yacktman Special Opportunities Fund. Mr. Sues holds a BA in business administration from Mount Union College and an MBA from the University of North Carolina Kenan-Flagler Business School. AMG Yacktman Global N 8.5 10. Tracing its history back to 1946, Montrusco Bolton Investments Inc. is a private investment management firm. Perf ormance (9/30/09*) information posted to third party web sites. Yacktman believes this approach combines the best features of growth and value investing. He thought shed receive the clot-busting drug tPA in the hospital and be released she was only 30 years old, after all. Don decided years ago he wanted his firm to live past him, and Steve was already picking most of the portfolios stocks. Please validate that you are an investment professional by submitting your business email. Since inception, it returned 10.17% versus 9.2% for the index. Accordingly, Yacktman generally prefers to wait for buying opportunities. What Happens When Corporate Earnings Fall? During the past decade his flagship Yacktman Fund (YACKX) has returned 10.5% a year, almost double the S&P 500s return, while his more concentrated Yacktman Focused Fund (YAFFX) has returned 11%. He instead buys steady, profitable businesses when they disappoint Wall Street. From 2008 to 2009, the Yacktman Focused Fund was up nearly 25% and the Yacktman Fund increased nearly 18% while the S&P 500 declined more than 20%. Yacktman Asset Management Yacktman Fund's Q3 2022 Investor Letter, Hedge Fund and Insider Trading News: D.E. redeemed, may be worth more or less than their original cost. The Fund is subject to risks associated with investments in mid-capitalization companies such as greater price volatility, lower trading volume, and less liquidity than the stocks of larger, more established companies. Each holding now accounts for roughly 5% of Berkshire's net worth, akin to its weighting long ago. Overnight it became clear the drugs werent working. FORTUNE The County Line barbecue joint in Austin is buzzing at lunchtime you can smell the charred red meat half a mile away. Shaw, John Paulson, Carl Icahn, Yacktman Asset Management, Evolution Capital Management, COMSCORE, Inc. (SCOR), SoFi Technologies, Inc. (SOFI), and More, Donald Yacktmans Latest Portfolio: Top 10 Stock Picks, 10 Stocks Donald Yacktman is Selling in 2022, 10 Dividend Stocks to Buy According to Donald Yacktman's Hedge Fund, Billionaire Donald Yacktman's Hedge Fund Trims Exposure to Consumer Staples, Energy, Investing Legend Donald Yacktman Trims Stake in Major Holdings Going Into Q2, Value Investing Guru Donald Yacktman Propelled to Strong Q1 by Top Picks, Donald Yacktman's Top Dividend Stock Picks for 2016, Value Investing Guru Donald Yacktman's Favorite Stock Picks For Q4, Here Are Yacktman Asset Managements Top Tech Picks, Yacktman Asset Management Keeps Betting on Consumer Stocks, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Founded in 2014, Jackson Square is an independent, majority employee-owned investment manager specializing in long-only, growth-oriented equity investing. He was named "Portfolio Manager of The Year" by Morningstar in 1991, and before founding his firm, he worked at Selected Financial Services and Stein Roe & Farnham. Please validate that you are an investment professional by submitting your business email. I told them, If it runs into the seven digits, you guys can cover the overages,' he says with a laugh. Yacktman Asset Management is a boutique investment firm located in Austin, Texas. Explore client engagement resources, advisor focused insights and expert views from our affiliates. Reliance on in-depth, research-driven strategies has historically produced strong results across products and market cycles. These securities are considered predominantly speculative with respect to the issuers continuing ability to make principal and interest payments. Please click OK below to leave the AMG Funds site and proceed to the https://shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx. Don, his wife, and almost their entire family are nearby. Shares traded for an average price of $57.91 during the quarter. Get our editors daily picks straight in your inbox! The doctor told Mark she had two choices: have her feeding tube removed and eventually die, or live with an uncertain future. Billionaire value investorDonald Yacktman recently revealed his top equity picks for the second quarter via a 13F filing submitted to the SEC by his firm, Yacktman Asset Management. The firms long-term presence in Europe, the U.S., and Asia has allowed the team to develop an extensive network of relationships for rigorous on-site due diligence and ongoing investment monitoring. Future Holdings Risk: Any sectors, industries or securities discussed should not be perceived as investment recommendations. Powered and implemented by Interactive Data Managed Solutions. Talking for even two hours a day is exhausting having to think before taking a full breath and exhaling to form words with weak mouth muscles feels like the hardest workout she could imagine, she says. Investment Strategy. TheYacktman Fundseeks good businesses with shareholder-oriented management and trading prices below what an investor would pay for the entire company. His height is 1.68 m tall, and weight is 70 kg. Hes been transferring control of the funds to his second-oldest son, Steve, 42. The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data Brenntag AG has a market cap of 7.42 billion euros; its shares were traded around 48.00 euros with a price-earnings ratio of 16.05 and price-sales ratio of 0.58. Theres an industrial-size kitchen and a gleaming lobby entrance. He thinks back to how close he was to losing his daughter. services are limited to referring users to third party advisers registered or chartered as fiduciaries He has also been co-manager of the Yacktman Focused Fund Security Selection Only since its inception. The forward dividend yield of The Walt Disney Co. is 1.35%. For performance information through the most recent month end please call 800.835.3879 or The Fund seeks long-term capital appreciation and, to a lesser extent, current income by primarily investing in common stocks of U.S. companies. This isnt Warren Buffett holding court at Piccolo Petes, but its close. However, fee types charged by Yacktman Asset Management Lp most likely are comprised of any blend of asset-based and performance-based fees. After prescient bets on beat-up stocks like Viacom and News Corp., the fund skyrocketed 99% from the end of 2008 through mid-November, scorching 98% of competitors as well as the overall market. Download or order product information and regulatory documents. Terms & Conditions. The views expressed represent the opinions of AMG Funds LLC and are not intended as a forecast or guarantee of future results. The performance data shown represents past performance. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. With her straight blond hair, striped shirt, and corduroy pants, she looks like an L.L. He is co-portfolio manager of the AMG Yacktman Funds and chief investment officer of Yacktman Asset Management. Founded in 1982, Pantheon is a leading global private equity fund investor, managing private equity funds and separate account programs for investors around the world. King has a completed bachelor's degree in English and is one of the most popular authors in the world. The sector allocation chart represents sectors at least 5%. Access to ADV forms, account maintenance, and applications, Access to distributions, tax resources, and form 8937, Rated against 1156 Large Value funds as of 01/31/2023. Dr. De Georgia says that as impressive as her progress has been, Jenny can still recover much more. All rights reserved. As of January 31, 2023 Net Assets $4B As of February 22, 2023 12:00am ET Summary Performance Ratings & Risk Portfolio Fees & Management Print All Tabs Investment Returns, Risks and Complexities Carefully consider the investment objectives, risks, charges and expenses before investing. All rights reserved. Not surprisingly, the new digs dont sit so well with Don, who considers it a point of pride for a value investor to work out of spartan offices. For actively managed strategies, people and process each receive a 45% weighting in their analysis, while parent receives a 10% weighting. Two months after the stroke, she returned home from the hospital. Fox Corp. has a market cap of $23.91 billion; its shares were traded around $38.21 with a price-earnings ratio of 24.86. As the exclusive distribution arm of AMG, we are your single point of access for mutual funds and separately managed accounts from our independent investment managers. TheYacktman Fundgained seven new positions in the first quarter, though some came from changes in its existing companies. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Yacktman is an employee of Yacktman Asset Management Lp. According to Yacktman Asset Management's last two 13F filings, the value of its 13F portfolio dropped by 14% to $9.64 billion at the end of June from $11.2 billion at the end of the first . Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. Don marched out to the garage to save it. The first time I heard I wasnt going to speak, I thought, Yeah, right, Jenny says, sitting in her wheelchair in her expansive living room in Austin with windows looking 20 miles out on the horizon. Learn About the Best Places for Retirement, Portfolio management for individuals and/or small businesses, Portfolio management for investment companies, Portfolio management for pooled investment vehicles, Portfolio management for businesses or institutional clients. the site, or by any advertiser on the site. With her family waiting in a reception area, Mark entered her room three times to ask what she wanted to do: one blink for life, two blinks for death. Access to ADV forms, account maintenance and applications, Access to distributions, tax resources and form 8937, Three Takeaways After 30 Years at Yacktman Asset Management, Turning Over Rocks in Both Sales and Investing. He has also been co-manager of the Yacktman Focused Fund - Security Selection Only since its inception. GuruFocus rated Brenntag AGthe business predictability rank of 4.5-star. Hedge Fund and Insider Trading News: Steve Cohen, Two Sigma Advisors, Citadel LLC, Bridgewater Associates, Fir Tree Partners, NVIDIA Corporation (NVDA), Erasca Inc (ERAS), and More. Jason Subotky, Partner and Portfolio Manager at Yacktman Asset Management, unpacks the potential perils of an all-index portfolio in a late-stage bull market. Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing. Read the latest news, media coverage and press releases from AMG, and view our upcoming events. Please use the latest version of Chrome, Opera, Firefox, Safari or Edge. than any other service in the U.S. selected site. Opinions expressed by Forbes Contributors are their own. AMG takes a cut of fees but doesnt meddle in operations.). Explore client engagement resources, advisor focused insights, and expert views from our affiliates. See our most recent investment and planning ideas. To report any data inconsistencies or errors, please contact The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. Yacktman employs a disciplined investment strategy, buying growth companies at what it believes to be low prices. Mr. Yacktman: Assets at the end of the most recent quarter were in excess of $11 billion for AMG Yacktman Focused Fund and $13 billion for AMG Yacktman Fund. The Fund is subject to risks associated with investments in small-capitalization companies, such as erratic earnings patterns, competitive conditions, limited earnings history and a reliance on one or a limited number of products. Shaw Group. Bridgewater Associates held 6,615,453 shares at the end of the third calendar quarter. are not responsible for its accuracy. But because her pons the part of the brain near the spinal cord that controls voluntary movement was nearly destroyed during the stroke, she was told she would never move below her eyes again. The Ranking may reflect the waiver of all or a portion of the funds fees. He avoids promoting his own record or ideas, which is almost never the case when a fund grows as fast as Yacktmans has. Attracting and retaining skilled, passionate people in the investment management field is the key to our success. Consumer defensive stocks occupied the greatest space at 30.83% of the portfolio, followed by technology at 27.92% and consumer cyclical at 10.36%. Their team of investment professionals still share the same entrepreneurial spirit which drives the way they serve their institutional clients globally. Another time at family dinner, the twice-a-month gathering of his children in Austin, his son Robs wife threw away a recycling bag filled with empty soda cans. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Could Chinese Equities Stage a Strong Comeback in 2023? The Firm seeks to invest in high-quality businesses at low valuations, with the goal of generating outperformance over a full market cycle while managing the level of risk. is registered with the U.S. Securities and Exchange Commission as an investment adviser. When the firm purchases stocks, it generally searches for companies it believes to possess one or more of three main attributes: Yacktman believes a shareholder-oriented management does not overcompensate itself and wisely allocates the cash the company generates. Compare Stephen Jackson's Net Worth He was born on April 5, 1978 in Houston, Texas. The spectacular returns and conservative approach have attracted new money a lot of new money to Yacktmans funds. Discover how the boutique advantage helps generate alpha. The stocks first-quarter share price averaged 43 euros. responsibility for the accuracy or factual correctness of any Don built this house for her so she could enjoy beautiful views while confined to a bed. Past performance is no guarantee of future results. He is a member of the Management Committee of the firm. Founded in 1967, Beutel, Goodman & Company Ltd. (BG) is an independent value-focused investment manager that serves institutional, private wealth, and retail clients. Our matching tool simplifies the process of finding a financial advisor. In this article, we discuss the 10 dividend stocks to buy according to Donald Yacktman's hedge fund. Frontier Capital Management Company, LLC specializes in growth and value equity investments on behalf of institutional and individual clients. Accordingly, Yacktman generally prefers to wait for buying opportunities. On July 25, Don Yacktman announced that his son, Stephen Yacktman, had taken over as sole chief investment officer of Yacktman Asset Management, the subadvisor to Gold-rated Yacktman (. This page contains links to SmartAssets financial advisor matching tool, which may or may not While Don proudly bought a new Honda Accord at Costco, Steve drives a brand-new Cadillac CTS-V, a sedan outfitted with a 560-horsepower Corvette engine. Fidelity National Information Services (FIS.N) on Thursday said it will undertake a strategic review and add a new director to its board after pressure from hedge fund D.E. business relationships that might exist between SmartAsset and the named financial professional and responsibility for the accuracy or factual correctness of any Since 1992, the firm has navigated multiple market cycles while adhering to a disciplined investment approach led by Stephen Yacktman, Chief Investment Officer. September 12th, 2022| Stephen A. Yacktman, Jason S. Subotky, Adam P. Sues. Will Weatherford International plc (WFRD) Continue its Growth? The 71-year-old with a broad build and bald pate is thriving in the slumping, post-crisis world of stock mutual funds. He was profoundly impacted by Sinquefield's argument that "active management does not make sense theoretically and isn't justified empirically". Homes - Celebrity - Business By: jdubble07 Advertisement Celebrity Homes Mailing List Click here to get matched with an advisor today. Download or order product information and regulatory documents. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. A Cisco-powered virtual conference room with a screen of televisions fills one end of the floor. The fund purchased 117,500 shares of Booking Holdings, giving it 3.68% portfolio weight. all available advisors and firms and matches based on specific criteria (investable assets, The fund may invest up to 30% of its assets in foreign . Explore commentary and perspectives from AMG and our boutique investment firms. This website is designed for display in modern browsers. He answers his phone himself. Tweedy, Browne Company LLC is a leading practitioner of the value-oriented investment approach using methodology that derives directly from the work of the legendary Benjamin Graham, professor of investments at Columbia Business School, a professional investor, co-author of Security Analysis and author of The Intelligent Investor. They are a trusted partner to institutional investors globally, providing mutual fund and separate account management. This approach was developed by River Roads founders and occupies a distinct niche within value investing styles. The firm strives to achieve solid risk-adjusted returns over time. The fund purchased 2.305 million shares of Brenntag AG, giving it 2.13% portfolio weight. RECOMMENDED FOR. For most of the past decade his son Steve, an equal partner in the firm since 1999, has managed the funds on a day-to-day basis. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. The impact of the weighted pillar scores for people, process and parent on the final Analyst Rating is further modified by a measure of the dispersion of historical alphas among relevant peers. He joined Yacktman Asset Management in 1993 as an analyst and has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. On kite-surfing vacations to Maui, he skips across the water at 30 miles per hour and flies 40 feet above the waves. U-Haul Holding Co The guru established a new position worth 6,712,255 shares in NYSE:UHAL.B, giving the stock a 3.68% weight in the equity portfolio. Beiersdorf AG has a market cap of $23.74 billion; its shares were traded around $21.01 with a price-earnings ratio of 29.16 and price-sales ratio of 2.94. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. They are a trusted partner to institutional investors globally, providing mutual fund and separate account management. Six of his seven children have followed him from Chicago, where he lived for 38 years, to Austin, where he moved in 2005. He joined Yacktman Asset Management in 1993 as an analyst and has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002. The trailing 12-month dividend yield of The Walt Disney Co. is 1.30%. Please use the latest version of Chrome, Opera, Firefox, Safari or Edge. (See a video of Jennys recovery.) This is not an offer to buy or sell any security or interest. Attracting and retaining skilled, passionate people in the investment management field is the key to our success. And many did. The Yacktman Fund seeks long-term capital appreciation and, to a lesser extent, current income, by investing in common stocks of primarily United States based companies. choosing a financial advisor. Way in the back corner, Don Yacktman is enjoying his usual: a plate of lean brisket, peppered turkey breast, potato salad, and baked beans. Whats shocking is that one of the hottest fund managers today isnt celebrated for his market-trouncing returns the way stars like Ken Heebner and Bill Miller were a few years ago. The 10 Best and Worst Performing Stocks are determined based on the stock's contribution to the Funds return during the specified quarter. The fortune of Blackstone CEO Stephen Schwarzman reached a record high of $26.8 billion this week, as the soaring share price of the private equity firm he cofounded has added $11 billion to his. The companies are hardly exciting. The forward dividend yield of Beiersdorf AG is 0.76%. The firm's two flagship mutual funds, The Yacktman Fund and The Yacktman Focused Fund, are ranked in the top decile in Morningstar's Large Value category for the trailing 3-, 5- and 10-year . Access to ADV forms, account maintenance, and applications, Access to distributions, tax resources, and form 8937, Media Coverage | YACKTMAN ASSET MANAGEMENT, | Stephen A. Yacktman, Jason S. Subotky, Adam P. Sues. Yacktman Asset Management Lp is a financial advisory company that has its headquarters in Austin, Texas. GW&Ks founding principles of applying rigorous fundamental research, focusing on quality, and maintaining a long-term view still guide its investment process today. But she has plenty of support. The investment team aims to be objective, patient, and diligent, and makes investment decisions based on the merits of individual securities rather than trying to forecast the market. Portfolio holdings and characteristics are subject to change at any time. Founded by investor Donald Yacktman, the fund is now helmed by Chief Investment Officer Stephen Yacktman. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, On March 16, 2004, Don got a call from his daughters husband, Mark, who told him that Jenny had suffered a minor stroke. Based on that information, we match you with financial advisors near Career Upon getting his degree from the university, Easterbrook worked as a trainee accountant with Price Waterhouse. BCAM is headquartered in Boston, with offices in San Francisco. Explore the independent boutique investment firms that manage our broad array of mutual funds and SMAs, Select a logo to learn more about that boutique. Please click OK below to leave the AMG Funds site and proceed to the The firm was founded upon a proprietary Absolute Value investment discipline. Her husband has devoted his life to her recovery, spending just 10 hours a week working outside the house at his counseling practice. Basic Info. Offers may be subject to change without notice. An active, global equity ESG investment manager and a leader in impactful shareowner engagement since its founding in 2003, BCAM is majority women- and employee-owned. in the aforementioned profile. Cognizant Technology Solutions Corp, Class A, W&T Offshore Inc Fixed 9.75% Nov 2023 144A, Weatherford International Ltd Fixed 11.00% Dec 2024 144A, Provides investors exposure to a diversified fund seeking to achieve strong risk-adjusted results over a full market cycle, Subadvised by a seasoned investment team with a long track record and reputation for a disciplined investment approach, Investors who seek a manager who focuses on risk and returns will appreciate this active and thoughtful value-oriented approach, High market share in principal product and/or service lines, Relatively low capital requirements allowing a business to generate cash while growing, Short customer repurchase cycles and long product cycles, Reinvest in the business and still have excess cash. AMG Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC. platform based on information gathered from users through our online questionnaire. Her recovery has surprised doctors, her family, and, despite her conviction, maybe even herself. Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman The Fund is subject to the risks associated with investments in debt securities, such as default risk and fluctuations in the perception of the debtors ability to pay its creditors. Wall Street experts where to make money in 2013. Talisman Village is a Class B property, with rents that range from $660 a month for a studio apartment to $1,164 for the most expensive two-bedroom, according to CoStar Group Inc. She was in a locked-in state having full function of her brain but not being able to move much like Jean-Dominique Bauby, whose condition became the subject of the film The Diving Bell and the Butterfly. Since Inception 07/06/1992 to 01/31/2023 = $207,408.21. You wont hear his opinion about the European debt crisis. The funds bought a lot of shares near $7 over the past few months. Hedge Fund Net Worth $10.04B Donald Yacktman manages more assets than 51% of other Hedge Fund Managers Average Return +25.50% Since Last Filing Last 12 Months 3 Years (Annualized) Portfolio Breakdown by Sector Portfolio Breakdown 19.09% Technology 17.75% Utilities 17.21% Consumer Goods 15.08% Financial 12.24% Services 6.24% Healthcare Jenny talks with a kind of improvised American Sign Language because she is still without use of her left hand. View your account balance and transaction history. Heptagon Yacktman U.S. Equity. Reliance on in-depth, research-driven strategies has historically produced strong results across products and market cycles. Today, despite what he considers an overpriced stock market he says the S&P 500 price/earnings ratio is a lofty 20, according to his calculation of operating earnings he says the Yacktman funds can return double digits a year, thanks to cheap multinational companies that have not risen as fast as other stocks. Effective June 30, 2020, the Yacktman Funds primary and secondary benchmarks were changed to the Russell 1000 Value Index becoming the primary benchmark and S&P 500 Index the secondary benchmark from the S&P 500 Index as the primary benchmark and the Russell 1000 Value Index as the secondary benchmark previously. Alphabet Inc. has a market cap of $861.15 billion; its shares were traded around $1,236.34 with a price-earnings ratio of 28.41 and price-sales ratio of 6.60. Explore the independent boutique investment firms that manage our broad array of mutual funds and SMAs, Select a logo to learn more about that boutique. De Georgia, professor of neurology at Case Western Reserve University School of Medicine and her doctor at the Cleveland Clinic. Two Sigma, a New York-based hedge fund that uses sophisticated technology, is taking its analytical skills into insurance underwriting with Two Sigma Insurance Quantified. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. He makes bets that you kind of look at like, hmm, says Lipper analyst Tom Roseen. On a warm November evening, just after weve finished discussing the markets, Yacktman is leaning back in a chair on his porch, watching the rolling hills of Austin glow orange against the disappearing sun. All rights reserved. Comanagers Stephen Yacktman and Jason Subotky are not strict value investors, but they are very valuation-conscious. when redeemed, may be worth more or less than their original cost. In 2006 he was named Co-Chief Investment Officer and Senior Vice President of Yacktman Asset Management. Yacktman Asset Management is a boutique investment firm located in Austin, Texas. He has largely avoided socializing with other fund managers, many of whom succumbed to the same disastrous bets on AIG (AIG) and banks before the crisis a trap he didnt fall into. Yacktman US Equity Fund Russell 1000 Value NR USD S&P 500 Net TR USD . Jason Subotky is Partner and Portfolio Manager of Yacktman Asset Management. How does he beat the market? Yacktman believes a shareholder-oriented management does not overcompensate itself and wisely allocates the cash the company generates. Jason Subotky, a former Goldman Sachs (GS) star asset manager and now co-manager of Yacktmans funds, heard the dire prognosis and arranged for Jenny to be seen by a top neurological doctor at Cleveland Clinic, where his friends had made charitable donations. Yacktman believes this approach combines the best features of growth and value investing. Inception, it returned 10.17 % versus 9.2 % for the AMG Yacktman Special opportunities fund at time... Wall Street experts where to make money in 2013 where the fund is now helmed by Chief investment,. Billion ; its shares were traded around $ 38.21 with a focus value... Been co-manager of the Walt Disney Co. is 1.30 % despite her conviction, maybe even herself manager... Worth more or less than their original cost are very valuation-conscious Austin, Texas-based investment firm with broad! Its weighting long ago of Beiersdorf AG is 0.76 % U.S. securities Exchange..., with offices in San Francisco of Medicine stephen yacktman net worth her doctor at the end of most! Produced strong results across products and market cycles says Lipper analyst Tom.! It believes to be low prices around $ 38.21 with a screen of televisions fills one of... Buy or sell any Security or interest # x27 ; s Net worth, akin to its weighting ago. Has its headquarters in Austin is buzzing at lunchtime you can smell the charred red meat a... As Yacktmans has on value equity Investments on behalf of institutional and clients., maybe even herself behalf of institutional and individual clients, she looks like an.... Theyacktman Fundseeks good businesses with shareholder-oriented Management and Trading prices below what an would... 5 % S. Subotky, Adam P. Sues are comprised of any of. Focused insights and expert views from our affiliates the most popular authors in the investment Management field is the to. Based on information gathered from users through our online questionnaire has historically produced strong across! The sector allocation chart represents sectors at least 5 % of Berkshire & # x27 ; direct... With her straight blond hair, striped shirt, and weight is 70 kg of asset-based and performance-based.... Shirt, and portfolio manager of Yacktman Asset Management Co. is 1.30 % record or,! Out to the garage to save it views from our affiliates River Roads founders and occupies a niche... Operations. ) stephen yacktman net worth Montrusco Bolton Investments Inc. is a boutique investment firm with a ratio. Here to get matched with an uncertain future of future results business:! Parent, and Steve was already picking most of the floor a portion of the funds fees % portfolio.! Way they serve their institutional clients globally buys steady, profitable businesses when disappoint... Email address, work history, and more developed by River Roads founders and occupies a distinct within... Shares traded for an average price of $ 23.91 billion ; its shares were traded $! Steve was already picking most of the most popular authors in the U.S. and other countries the past months!, despite her conviction, maybe even herself historically produced strong results across products and market cycles represent... 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Fund 's Q3 2022 investor Letter, Hedge fund and separate account Management an investment professional by your!, profitable businesses when they disappoint Wall Street experts where to make principal and payments. The portfolios stocks stephen yacktman net worth or live with an advisor today website is designed for in..., industries or securities discussed should not be perceived as investment recommendations Warren... Discuss the 10 dividend stocks to buy according to Donald Yacktman, Jason S. Subotky Adam... Approach combines the best features of growth and value equity Investments on behalf of institutional and individual clients approach attracted! A broad build and bald pate is thriving in the first quarter, some. Her progress has been, stephen yacktman net worth can still recover much more 2022| Stephen Yacktman... Return during the quarter, Firefox, Safari or Edge co-portfolio manager of Yacktman Asset Yacktman... 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