Donald Yacktman - Yacktman Asset Management Investment Strategy & Portfolio Analysis
How Yacktman Asset Management allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.
As of Mar 31, 2026, Donald Yacktman's Yacktman Asset Management portfolio reflects a quant / systematic investor approach across 74 reported 13F positions. Portfolio returns are led by Canadian Natural Resources Limi (~11% of total exposure), with the top five holdings representing approximately 29% of reported value. The portfolio maintains structural breadth across 74 positions, with economic weighting tilted toward consumer defensive names. Exposure to high-growth and technology-oriented segments remains limited relative to peers, with performance instead anchored in durable, cash-generating businesses across consumer staples, energy, and communication services. The portfolio exhibits extremely low turnover, reinforcing a long-term capital allocation approach centered on high-conviction, long-duration holdings. Distinctive traits include Long-Term Holder, Broadly Diversified, Structurally Diversified.
Investment Style
Value, growth, quality, and behavioral classification from latest 13F holdings.
Primary type: Quant / Systematic Investor
Traits: Long-Term Holder, Broadly Diversified, Structurally Diversified
Turnover profile
Buy & Hold
Holding horizon
Long-Term
Portfolio Construction
Concentration and position sizing in the latest filing.
Portfolio construction is lowly concentrated: top three names represent 20.6% of assets, top five 29.1%, and the largest single position is 10.8%.
Top 3 weight
20.6%
Top 5 weight
29.1%
Top 10 weight
47.3%
Largest position
10.8%
Top holdings: Canadian Natural Resources Limi, Microsoft Corporation, Charles Schwab Corporation (The, Alphabet Inc., Pepsico, Inc. — view full holdings
Sector Preferences
Where capital is allocated by sector.
Capital is tilted toward Consumer Defensive and Energy, with 10 sectors represented in the latest filing.
Leading sectors: Consumer Defensive, Energy, Communication Services
Risk Framework
Concentration, diversification, and turnover tolerance.
This investor accepts low single-name risk (largest position 10.8%, top ten 47.3%) and high economic diversification (HHI 0.02). Turnover tolerance maps to a buy & hold profile.
Largest position
10.8%
Top 10 weight
47.3%
Max sector
19.9%
Diversification
High
Strategy Evolution
How the strategy changed between the two most recent filing periods.
Dec 31, 2025 → Mar 31, 2026
- Position count increased from 70 to 74 (+4 names).
- Top-five concentration fell from 31.1% to 29.1%.
- Dominant sector mix shifted from Consumer Defensive, Communication Services to Consumer Defensive, Energy.
- Quarter-over-quarter portfolio weight turnover: 9.4%.
For trade-level changes, see the Activity page. View activity.
Similar Investors
Peer group with comparable portfolio behavior.
Similar-investor comparisons are coming soon.