Yacktman Asset Management LP
Yacktman Asset Management LP is a value-oriented investment management firm headquartered in Austin, Texas, USA. Founded in 1992, the firm specializes in managing equity and balanced portfolios for a diverse set of clients including individual investors, institutions, endowments, foundations, pensions, and family offices. The firm is known for its patient, objective, and disciplined investment approach and employs a team of financial professionals focused on delivering superior risk-adjusted returns across market cycles. Employee count is not public, but as a boutique firm, it operates with a relatively lean and focused staff.
Investment Strategy
Yacktman Asset Management employs a long-term, value-oriented investment strategy that emphasizes the careful evaluation of a company's fundamentals, earnings durability, industry competitiveness, and management incentives. The firm aims to invest in businesses offering attractive rates of return relative to risk, spanning from high-quality companies to more challenged enterprises provided that the investment price sufficiently compensates for risk. Their philosophy centers on capital preservation, patient decision-making, and achieving superior risk-adjusted returns through disciplined security selection and diversification.
Latest 13F Filing Activity
Yacktman Asset Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 70 equity positions with a total 13F market value of $7B. The fund increased holdings in Microsoft Corp., Charles Schwab Corp., Unitedhealth Group among other positions. Yacktman Asset Management LP reduced exposure to Canadian Natural Resources LTD, Berkshire Hathaway B, Procter & Gamble among others.
Top Holdings
Equity Positions (70)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C CNQ | Canadian Natural Resources Ltd | 9.33% | $694.8M | 22,126,877 | $17.36 | $31.40 | -$145.0M |
M MSFT | Microsoft Corp. | 7.39% | $549.8M | 1,105,264 | $54.59 | $497.41 | +$98.0M |
S SCHW | Charles Schwab Corp | 5.60% | $416.5M | 4,565,374 | $56.59 | $91.24 | +$47.9M |
U UHAL-B | U-Haul Holding Company Class B | 4.37% | $325.5M | 5,986,465 | $54.70 | $54.37 | -$29.3M |
P PG | Procter & Gamble | 4.32% | $321.6M | 2,018,491 | $81.89 | $159.32 | -$39.3M |
Industry Allocation
Investment Team (5)
| Name | Role | Location | |
|---|---|---|---|
 | Partner and Portfolio Manager | Austin, TX , United States | |
B Brandt Dusthimer | Investment Analyst | Austin, TX , United States | |
C Chase Frock | Vice President, Trading | Austin, TX , United States | |
J Jason Subotky | Partner | Austin, TX , United States | |
 | Investment Analyst | Austin, TX , United States |