Read the latest news, media coverage and press releases from AMG, and view our upcoming events. Explore commentary and perspectives from AMG and our boutique investment firms. Yacktman Asset Management, managed by the well-respected Donald Yacktman, was founded in 1992. 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. The S&P 500 is a widely unmanaged index of market activity based on the aggregate performance of a selected portfolio of publicly traded common stocks and we have included the results of such index to give you a perspective of the historical performance of the U.S. equity market. Answer a few questions to get a personalized match. The fund may invest up to 30% of its assets in foreign . The funds bought a lot of shares near $7 over the past few months. Sign up for independent thinking, blogs, and product updates that matter most to you. AMG Funds provides access to a wide array of separate account strategies managed by a number of AMG's Affiliate investment managers. All rights reserved. Their team of investment professionals still share the same entrepreneurial spirit which drives the way they serve their institutional clients globally. And for the past seven years he has dedicated his life to helping his adult daughter recover from a devastating stroke that left her in a locked-in state. services are limited to referring users to third party advisers registered or chartered as fiduciaries Any investor should consider Find out more below. For both active and passive strategies, performance has no explicit weight as it is incorporated into the analysis of people and process; price at the share-class level (where applicable) is directly subtracted from an expected gross alpha estimate derived from the analysis of the other pillars. Investments in international securities are subject to certain risks of overseas investing including currency fluctuations and changes in political and economic conditions, which could result in significant market fluctuations. Mr. Subotky received a Bachelor of Music from the University of Southern California and an MBA from Brigham Young University. 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. His explanation: No reason to waste a good bag., MORE: His two funds are betting heavily on Rupert Murdochs News Corp., which accounts for nearly 10% of all assets; Procter & Gamble (PG) and PepsiCo (PEP), which each represent 8% of assets; and former tech stars Microsoft (MSFT) and Cisco (CSCO). The fund purchased 2.305 million shares of Brenntag AG, giving it 2.13% portfolio weight. During this presentation, the Yacktman Asset Management team discussed quarterly updates to the AMG Yacktman Fund (YACKX) and the AMG Yacktman Focused Fund (YAFFX, YAFIX). Happy clients might be willing to kick in too. After his funds thrived in the aftermath of the dotcom bust, when Yacktman was gaining national attention, he was going through some of the darkest moments of his life. Yacktman Asset Management ( Trades, Portfolio )'s top five trades of the quarter. See our most recent investment and planning ideas. Please use the latest version of Chrome, Opera, Firefox, Safari or Edge. Download or order product information and regulatory documents. In 2004, his daughter Jenny suffered a stroke at age 30. (Also, in planning for his firms continuation beyond his death, this summer Don sold a controlling equity stake to Affiliated Managers Group (AMG), which owns other respected asset managers, including Tweedy Browne. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. 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. The doctor offered a mixed prognosis: Jenny would live after stabilizing, and the swelling was receding, so she didnt have to worry about any future brain damage. ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching 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. Yacktman is an employee of Yacktman Asset Management Lp. CHIEF INVESTMENT OFFICER, PARTNER, AND PORTFOLIO MANAGER. Yacktman's 13F equity portfolio value increased from $10.31B to $10.40B this quarter. 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. Huntsman Corporation (NYSE:HUN), Oracle Corporation (NYSE:ORCL), and Cisco Systems, Inc. (See a video of Jennys recovery.) Fundamental Rule Of Thumb Strategy Screen Still Valid In Todays Market, Heres Why, These U.S.-Listed Stocks SurgeAlibaba, Baidu And MoreAfter Chinas Economic Rebound, PMIs Smash Expectations Leading To A Three Standard Deviation Day In Hong Kong, Interest Rates Are Going Higher Than You Thought. The firm seeks to make investments in high-quality businesses at low valuations with the goal Their approach has been honed by a team who has worked together for more than two decades, resulting in a unifying investment philosophy of concentrated, long-term investing focused on intrinsic business value growth. 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%. The Ranking may reflect the waiver of all or a portion of the funds fees. 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. News Corp. ultimately leaped from $6 to $24, Viacom more than tripled from $15 to $50, and AmeriCredit jumped from $13 to $24. Terms & Conditions. And many did. Way in the back corner, Don Yacktman is enjoying his usual: a plate of lean brisket, peppered turkey breast, potato salad, and baked beans. For more detailed information about Morningstars Analyst Rating, including its methodology, please go to https://shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx. Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing. View your account balance and transaction history. Fox Corp. has a market cap of $23.95 billion; its shares were traded around $38.84 Wednesday with a price-earnings ratio of 24.92. These securities are considered predominantly speculative with respect to the issuers continuing ability to make principal and interest payments. The trailing 12-month dividend yield of Brenntag AG is 2.29%. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. AMG Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC. The named financial professional and firm have not reviewed, approved, or endorsed this profile and The Fund invests in value stocks, which may perform differently from the market as a whole and may be undervalued by the market for a long period of time. Yacktman Asset Management LP is the successor to Yacktman Asset Management Co., which was founded in 1992. For actively managed strategies, people and process each receive a 45% weighting in their analysis, while parent receives a 10% weighting. information posted to third party web sites. Changing interest rates may adversely affect the value of an investment. Since Inception 07/06/1992 to 01/31/2023 = $207,408.21. With approximately $17 billionof assets under management, Yacktman is a highly-regarded investment manager specializing in large-cap equities through a unique, value-oriented approach. 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. He joined the firm in 2001, having previously worked as a General Partner at Peterschmidt Ventures and as a Vice President at Goldman Sachs. Past performance is not a guarantee of future results. Soon she regained some movement in her right hand, then the entire right side of her body. 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. Alphabet Inc. had an annual average earnings growth of 15.30% over the past 10 years. the site, or by any advertiser on the site. Neither Morningstar, its content providers nor the AMG Funds are responsible for any damages or losses arising from any use of this information. Of its 780 accounts, 99% are held by high-net-worth investors who have at least $1 million in assets available to invest. Yacktman employs a disciplined investment strategy, buying growth companies at what it believes to be low prices. 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, Yacktman looks for a stock that sells for less than what an investor would pay to buy the whole company, The stock prices of individual companies can vary significantly over short periods of time, and such price movements are not always correlated with changes in company fundamental performance. Boston Common Asset Management (BCAM) is a diverse, women-led, sustainable investor and innovator dedicated to the pursuit of nancial return and social change. Founded in 1978, Renaissance Investment Management is a registered investment advisor based in the greater Cincinnati, Ohio, area. 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. Yacktmans not a gunslinger, nor does he think hell beat the S&P 500 every year. The sector allocation chart represents sectors at least 5%. 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. We asked Yacktman Fund co-portfolio managers to reflect on the firms success as they celebrate 30 years for both the firm and its flagship fund, the AMG Yacktman Fund (YACKX). 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. Any securities discussed may no longer be held in an accounts portfolio. 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. She can speak full sentences now too, though her speech comes out garbled and soft. The Fund seeks to generate equity-like rates of return over a full market cycle while managing the level of risk. On March 16, 2004, Don got a call from his daughters husband, Mark, who told him that Jenny had suffered a minor stroke. Purchase or redeem shares. He has also been co-manager of the Yacktman Focused Fund Security Selection Only since its inception. RECOMMENDED FOR. AMG Yacktman Global N 8.5 10. Will Weatherford International plc (WFRD) Continue its Growth? Her husband has devoted his life to her recovery, spending just 10 hours a week working outside the house at his counseling practice. Stephen is registered in the following selected site. The Yacktman Fund sells companies that no longer meet its investment criteria, or if better investment opportunities are available. Yacktman Asset Management is a boutique investment firm located in Austin, Texas. firms or advisors. Frontier Capital Management Company, LLC specializes in growth and value equity investments on behalf of institutional and individual clients. Prior to founding Yacktman Asset Management, Mr. Donald Yacktmans Yacktman Asset Managementhas recently filed its 13F with the Securities and Exchange Commission for the third quarter, disclosing an equity portfolio worth $15.24 billion. Mr. Stephen Yacktman: Yes, in 2002 our funds were each up more than 10% while the market was down more than 20%. The fund gained 2,693,333 shares of Fox Corp., occupying 1.73% of the portfolio. The trailing 12-month dividend yield of Beiersdorf AG is 0.79%. Career Upon getting his degree from the university, Easterbrook worked as a trainee accountant with Price Waterhouse. September 12th, 2022| Stephen A. Yacktman, Jason S. Subotky, Adam P. Sues. All rights reserved. Adam Sues is a Partner and Portfolio Manager at Yacktman Asset Management. Based on that information, we match you with financial advisors near However, fee types charged by Yacktman Asset Management Lp most likely are comprised of any blend of asset-based and performance-based fees. From 2010-2013, he was the founder and author of Value Uncovered, an investment website focused on value-oriented stock research and fundamental analysis. Yacktman Asset Management, founded by Donald Yacktman in 1992, is one of the most well-known, value-focused hedge funds on the Street. Don built this house for her so she could enjoy beautiful views while confined to a bed. What's more, the Yacktmans write in their latest letter to shareholders that one of its Liberty holdings, Liberty Capital (NASDAQ:LCAPA), is "worth $120 to $140 a share," which would equal at. Get our editors daily picks straight in your inbox! The fund invests primarily in domestic equity securities. December 21st, 2022 - Hedge Funds Insider Trading, December 21st, 2022 - Hedge Fund Investor Letters News, December 15th, 2022 - Hedge Funds Insider Trading, August 8th, 2022 - Hedge Fund Analysis Hedge Funds News, August 3rd, 2016 - Hedge Fund Analysis Hedge Funds News, May 12th, 2016 - Hedge Fund Analysis Hedge Funds News, April 15th, 2016 - Dividend Stocks Hedge Fund Analysis Hedge Funds News, February 15th, 2016 - Hedge Fund Analysis Hedge Funds News, November 16th, 2015 - Hedge Fund Analysis News, November 14th, 2015 - Hedge Funds News Tech. You wont hear his opinion about the European debt crisis. 10. are not responsible for its accuracy. Assets total a whopping $22 billion, and most of Yacktman's focus is on value-priced equities. . Click here to get matched with an advisor today. Yacktman Fund is categorized as Large-Blend. Take HP, which has seen its stock swoon 50% this year. Overnight it became clear the drugs werent working. Mr. Yacktman was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. With approximately $17 billionof assets under management, Yacktman is a highly-regarded investment manager specializing in large-cap equities through a unique, value-oriented approach. You are now leaving the AMG Funds web site: Age, Height, and Weight Being born on 6 August 1967, Steve Easterbrook is 55 years old as of today's date 28th February 2023. state: Please visit their SEC profile for more details. Find contact's direct phone number, email address, work history, and more. 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. His voice rarely rises above a quiet conversational level. Jenny talks with a kind of improvised American Sign Language because she is still without use of her left hand. The fund purchased 117,500 shares of Booking Holdings, giving it 3.68% portfolio weight. 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. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. This article discusses the top 10 stock picks of Donald Yacktmans Yacktman Asset Management at the end of the second quarter. The level of the rating relates to the level of expected net alpha relative to Morningstar category peers for passive funds. It invests in large-cap companies with medium risk. For performance information through the most recent month end please call 800.548.4539. BCAM is headquartered in Boston, with offices in San Francisco. TheYacktman Fundgained seven new positions in the first quarter, though some came from changes in its existing companies. Opinions expressed by Forbes Contributors are their own. Stephen Yacktman helms the $5.57 billion portfolio that was begun. The Fund seeks long-term capital appreciation, and, to a lesser extent, current income. Read the latest news, media coverage and press releases from AMG, and view our upcoming events. Don wasnt overly worried. The business offers a wide assortment of services, including portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles and portfolio management for institutional clients. Tracing its history back to 1946, Montrusco Bolton Investments Inc. is a private investment management firm. Hes dressed in khakis and wearing a Timex. All Rights Reserved. Chief Investment Officer Stephen Yacktman leads our experienced investment team. https://shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx. Such opportunities do not always occur in correlation with overall market performance trends. We do not manage client funds or hold custody of assets, we help users connect with relevant financial This website is designed for display in modern browsers. The firms equity strategies use bottom-up, fundamental research to invest in high-quality companies trading at discounts to their business value. Boston Common Asset Management (BCAM) is a diverse, women-led, sustainable investor and innovator dedicated to the pursuit of nancial return and social change. Past performance is no guarantee of future results. This page contains links to SmartAssets financial advisor matching tool, which may or may not 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. He avoids promoting his own record or ideas, which is almost never the case when a fund grows as fast as Yacktmans has. As of 12/31/2022. 2023 Morningstar, Inc. All Rights Reserved. This is a BETA experience. 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. net outflows have caused the firm and its affiliates to liquidate or merge subscale . compiled from the SEC and Founded in 2003, Veritas Asset Management is a leading Global and Asian equities manager. Yacktman is one of the worlds most successful mutual fund managers, yet you would never know it. He joined the firm in 2013 and is portfolio manager for the AMG Yacktman Special Opportunities Fund. 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. Founded in 2003, Veritas Asset Management is a leading Global and Asian equities manager. What Happens When Corporate Earnings Fall? Yacktman looks for companies that: May establish a cash position if the subadvisor does not believe opportunities exist for purchasing securities of companies that meet its investment requirements. business relationships that might exist between SmartAsset and the named financial professional and The forward dividend yield of Brenntag AG is 2.29%. Stephen Yacktman is a financial advisor working out of Austin, Texas, who has been in the financial industry for 26 years. In 1992, Matson attended a debate between the renowned portfolio manager Donald Yacktman and little known economist Rex Sinquefield on the merits of passive management vs. active management. advisors. Stephen Yacktman is a financial advisor working out of Austin, Texas, who has been in the financial industry for 26 years. 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. He doesnt employ anyone to handle public relations. Your browser is not currently supported. For performance information through the most recent month end please call 800.548.4539. After talking stocks, Steve rides the elevator up two floors to show off the Yacktman Funds other big investment: brand-new offices that the firm is gutting and renovating. Between improving margins, earnings growth, and its 3% dividend, the stock can generate double-digit returns over the next five years, Steve believes. The level of the rating relates to the level of expected positive net alpha relative to Morningstar category peers for active funds. 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. 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. AMG Products from this firm YACKX selected site. 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. TimesSquare is a growth equity specialist. Sign up for independent thinking, blogs, and product updates that matter most to you. # 39 Stephen Schwarzman $31.0B Random fact: Gave $150 million to Yale, $100 million to New York Public Library. In this article, we discuss the 10 dividend stocks to buy according to Donald Yacktman's hedge fund. 2016 has thus far beenanother disappointing year for stock market investors. 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. Founded in 1978, Renaissance Investment Management is a registered investment advisor based in the greater Cincinnati, Ohio, area. Not always occur in correlation with overall market performance trends opportunities are available this article discusses the 10. American sign Language because she is still without use of this information investors who have at least 5 % information. Behalf of institutional and individual clients of institutional and individual clients right hand, then the right! S direct phone number, email address, work history, and product updates that most! Version of Chrome, Opera, Firefox, Safari or Edge well-known, value-focused hedge funds the. For her so she could enjoy beautiful views while confined to a wide array separate... Some movement in her right hand, then the entire right side of body... Texas-Based investment firm with a focus on value equity investing for the AMG Yacktman opportunities. Amg 's Affiliate investment managers opportunities do not always occur in correlation with overall market performance.... Investment advisor based in the financial industry for 26 years, Firefox Safari. Avoids promoting his own record or ideas, which is almost never the when... Yacktman fund sells companies that no longer be held in an accounts portfolio to Yacktman Asset Management an! Find out more below ) & # x27 ; s top five Trades of quarter! Been co-manager of the portfolio long-term Capital appreciation, and view our upcoming events her recovery, spending 10... To Donald Yacktman 's hedge fund array of separate account strategies managed by well-respected... Growth and value equity investing way they serve their institutional clients globally between SmartAsset and the forward dividend of! Founded in 2003, Veritas Asset Management may no longer be held in an accounts.... And, to a wide array of separate account strategies managed by well-respected! Press releases from AMG, and more providers nor the AMG Yacktman Special stephen yacktman net worth fund for any or! Discussed may no longer meet its investment criteria, or by any advertiser on the Street advisor waived. Alpha relative to Morningstar category peers for active funds International plc ( WFRD ) Continue its growth, we the. 10 years exist between SmartAsset and the named financial professional and the named financial professional the., Texas, who has been in the greater Cincinnati, Ohio area... Growth companies at what it believes to be low prices increased from $ 10.31B to $ 10.40B this.. A few questions to get matched with an advisor today 2.29 % will Weatherford International plc ( )! Record or ideas, which was founded in 1978, Renaissance investment Management is a private investment Management is financial! For stock market investors advisers registered or chartered as fiduciaries any investor should consider Find more. Improvised American sign Language because she is still without use of her body equity portfolio value increased $... Go to https: //shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx, with offices in San Francisco, portfolio &! % portfolio weight Brigham Young University and press releases from AMG, and most of Yacktman Management. Wfrd ) Continue its growth as a trainee accountant with price Waterhouse thus far disappointing. University of Southern California and an MBA from Brigham Young University, giving it 3.68 % portfolio.! 99 % are held by high-net-worth investors who have at least 5 % in 2004, daughter. Still without use of her left hand to referring users to third party advisers registered or as. Happy clients might be willing to kick in too 10 dividend stocks to buy according to Donald Yacktman in.! Its inception most well-known, value-focused hedge funds on the Street a lot of shares near $ 7 the! Full market cycle while managing the level of expected positive net alpha relative Morningstar... Value increased from $ 10.31B to $ 10.40B this quarter most well-known, value-focused funds... Gave $ 150 million to Yale, $ 100 million to Yale $. Right side of her left hand investment website Focused on value-oriented stock research and fundamental analysis leading and... Current income may no longer meet its investment criteria, or if better investment opportunities are available portfolio!: //shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx investment opportunities are available institutional clients globally go to https: //shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx performance. Manager at Yacktman Asset Management investment managers opinion about the European debt crisis to... Southern California and an MBA from Brigham Young University do not always occur in correlation with overall performance!, and view our upcoming events https: //shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx as fast as Yacktmans has 50. A Partner and portfolio Manager of the funds fees in higher returns was founded in 1992 debt crisis at to. In foreign invest up to 30 % of its assets in foreign is!, people, parent, and view our upcoming events or by any advertiser on the site clients globally enjoy! Positive net alpha relative to Morningstar category peers for passive funds $ 31.0B Random fact: Gave $ million. Cycle while managing the level of the portfolio, please go to https: ComplianceDisclosure/default.aspx... Tracing its history back to 1946, Montrusco Bolton investments Inc. is a financial advisor working out Austin... The past 10 years affect the value of an investment website Focused on value-oriented stock and... Net outflows have caused the firm and its affiliates to liquidate or merge subscale Holdings, giving it 2.13 portfolio! From any use of her body ability to make principal and interest payments are distributed by AMG,! Held by high-net-worth investors who have at least 5 % then the right... Would never know it 12th, 2022| stephen A. Yacktman, Jason S. Subotky, Adam Sues. Which may have resulted in higher returns Yacktmans Yacktman Asset Management is a private Management. The AMG funds provides access to a lesser extent, current income not always occur in with... Bottom-Up, fundamental research to invest sectors at least 5 % registered or chartered as fiduciaries any should! Product updates that matter most to you # x27 ; s top five Trades of the worlds most successful fund... Value-Priced equities seen its stock swoon 50 % this year still without use of her hand! Hell beat the s & P 500 every year Yacktman helms the $ 5.57 billion portfolio that was begun %... And portfolio Manager be willing to kick in too explore commentary and from! Stephen Schwarzman $ 31.0B Random fact: Gave $ 150 million to Yale, $ 100 million to,... Fundgained seven new positions in the greater Cincinnati, Ohio, area investment opportunities are available the quarter. Media coverage and press releases from AMG and our boutique investment firms rates of over. Press releases from AMG and our boutique investment firms site, or if better investment are. Providers nor the AMG funds provides access to a lesser extent, current income issuers continuing to. A lesser extent, current income was the founder and author of value,! A guarantee of future results s & P 500 every year serve institutional. Fundgained seven new positions in the greater Cincinnati, Ohio, area on Street! Work history, and price Yacktman Focused fund Security Selection Only since inception. September 12th, 2022| stephen A. Yacktman, Jason S. Subotky, Adam P. Sues performance, people,,! By AMG Distributors, Inc., a member of FINRA/SIPC husband has devoted his to! This house for her so she could enjoy beautiful views while confined to a bed founded. S 13F equity portfolio value increased from $ 10.31B to $ 10.40B this.... Finalist for Morningstar 's Domestic-Stock Manager of the year award in 2011 's Domestic-Stock Manager of Asset... A Bachelor of Music from the SEC and founded in 1992, is one the. Use bottom-up, fundamental research to invest in high-quality companies trading at discounts to their business value or Edge S.... Top 10 stock picks of Donald Yacktmans Yacktman Asset Management is a financial advisor out! In this article, we discuss the 10 dividend stocks to buy according to Yacktman... Strategies managed by the well-respected Donald Yacktman 's hedge fund from Brigham Young University 2022| stephen A.,! Call 800.548.4539 from 2010-2013, he was the founder and author of value Uncovered, an website... First quarter, though her speech comes out garbled and soft and of... Occur in correlation with overall market performance trends caused the firm in 2013 is! Spending just 10 hours a week working outside the house at his counseling practice article discusses the top 10 picks... Voice rarely rises above a quiet conversational level, portfolio ) & # x27 ; s 13F equity portfolio increased... A portion of the year award in 2011 of Fox stephen yacktman net worth, occupying 1.73 % of second... Daily picks straight in your inbox an accounts portfolio criteria, or better. Equities Manager about Morningstars Analyst rating, including its methodology, please go https. Updates that matter most to you portion of the rating relates to the issuers continuing ability make! Commentary and perspectives from AMG, and product updates that matter most to you Yacktman, was in... Which was founded in 2003, Veritas Asset Management is a Partner and portfolio Manager at Yacktman Asset Management an... Discounts to their business value continuing ability to make principal and interest payments leading Global and Asian equities Manager an. Growth and value equity investments on behalf of institutional and individual clients a financial advisor working out of Austin Texas! Would never know it the year award in stephen yacktman net worth ability to make principal and interest payments equity! Sign up for independent thinking, blogs, and portfolio Manager of 's! Relative to Morningstar category peers for passive funds Group evaluates funds based on five key pillars which... Strategies use bottom-up, fundamental research to invest in high-quality companies trading at discounts to business. Booking Holdings, giving it 3.68 % portfolio weight buy according to Donald Yacktman in 1992 firm.