Donald Yacktman was on Bloomberg today. His funds’ performance has been within the top 5% of all fund managers for the past five and ten years.
Below are his top ten holdings from GuruFocus
|Ticker||Company||Industry||Shares||Value ($1000)||% Weighting as of
|Share # Change
from Last Period
|Trade Impact to Portfolio (%)||
|PEP||PepsiCo Inc.||Food & Beverage||15,107,709||1,064,040||11.2013%||+3.11%||+0.34%||History|
|PG||Procter & Gamble Co.||Personal & Household Goods||11,231,508||713,987||7.5162%||+19.45%||+1.22%||History|
|MSFT||Microsoft Corp.||Software & Computer Services||25,761,396||669,796||7.051%||+20.19%||+1.18%||History|
|KO||CocaCola Co.||Food & Beverage||6,984,422||469,982||4.9476%||+4.3%||+0.2%||History|
|CSCO||Cisco Systems Inc.||Technology Hardware & Equipment||29,611,625||462,237||4.866%||+168.76%||+3.06%||History|
|JNJ||Johnson & Johnson||Pharmaceuticals & Biotechnology||5,935,688||394,842||4.1565%||+13.75%||+0.5%||History|
Yacktman stated “If someone had told me 10 years ago that these stocks would be in my portfolio I would have laughed.”
RGA Investment Advisor 2Q20 Commentary: The Tale of Two Markets
RGA Investment Advisor commentary for the second quarter ended July 2020, titled, "The Tale of Two Markets." Q2 2020 hedge fund letters, conferences and more In our Q1 2019 commentary we expressed how “COVID-19 will kick off one of the most profound reshaping of our world any of us will see in our lifetime,” accompanied Read More
Yacktman talks about the performance of the U.S. stock market, his investment strategy and his holdings in News Corp., PepsiCo Inc. and Research In Motion Ltd.
Below is the full interview, skip to 4:50 to get straight to Yacktman:
H/T to Canadian Value for the find.