"My hope is that this new lab will help Buffalo Grove students develop workforce skills and provide training that leads them to careers of all kinds," Yacktman said, who said there is a demand for skilled workers in areas like manufacturing. Sie knnen Ihre Einstellungen jederzeit ndern. Steve was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. Fund analysts Robert Goldsborough and Flynn Murphy contributed to this report. The lab will be named for Ploplys and his legacy. Ellyn Yacktman Wife/Mom at Yacktman Household Austin, Texas, United States 164 followers 164 connections Join to connect Yacktman Household Activity I am incredibly honored to be included. We're expecting increasing visibility and strong free cash flow generation to lead robust dividend growth.. AMGs equity interest is structured so that Yacktman maintains operational autonomy. While not one of the markets dividend champions, Oracle is certainly reliable in this area. He was a member of the 1-800 CONTACTS board and served as chair of the audit and compensation committees. A look at Yacktman Assets top ten holdings shows a highly diverse portfolio, perhaps with a bent toward food staples. This site is protected by reCAPTCHA and the Google Stephen Yacktman is a Partner and Chief Information Officer and Portfolio Manager at Yacktman Asset Management based in Austin, Texas. For more information, visit www.214foundation.org. 2: Make an adequate return, a double-digit return, while holding on for five to 10 years. Yacktman is led by Chief Investment Officer Stephen Yacktman and, as of June 30, 2017, manages more than $15 billion in assets. Previously, Stephen was a Manager at AMG and also held positions at Brigham Young University. Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing. This makes sense when you look at Yacktmans investing strategy, as he defined it back in 2011: No. Prince Harry left the audience of The Late Show in hysterics with a joke about host Stephen Colbert's wife during a surprise appearance. Stephen Yacktman and Jason Subotky have been the leads on this strategy well before Don Yacktman officially stepped down in 2016. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. A typical Buy opinion comes from Piper Jaffray analyst Alex Zukin, who wrote in mid-December: [B]uybacks remain the primary driver of earnings growth the company is making clear progress in its applications business. Zukins $52 price target suggests a minor-league upside of 1.9%. Mr. Sues is Partner and Portfolio Manager at Yacktman Asset Management. Oracle makes up 7.9% of the Yacktman portfolio. "This is an area that we know our students are interested in. And now, just that fast, we can.". There was an error logging in. And it shows we can stand on our own two feet.. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Michael Salm, who co-heads Putnam's fixed-income group, will continue to serve as lead manager of Putnam US Government Income and Putnam American Government Income. He was beloved among parents and students, many of whom were thankful for his excellent teaching abilities and sense of humor. 2 followers 2 connections. Today, YCG manages some $750 million, with about one-third of that attributable to the YCG Enhanced Fund and the rest to separately managed accounts requiring a $1 million investment minimum. Today, Stephen is the fund's. He will continue to contribute ideas as a member of the portfolio team. Rachel Buie Ms. Buie is Chief Compliance Officer at Yacktman Asset Management. The road to getting there was a long one, though. Though his career is in finance, he says he maintains a passion for manufacturing, engineering, science and technology. However, he faced some controversies after a tape recording was . That's the reward I was mostly seeking.". Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. That theme of diversity has only been enhanced now that the 13F filings are available Yacktman increased holdings in 4 of its top ten stocks, including retail food company, a wholesale food company, a software company, and a major bank. He never seems to run out of words. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Russell is a member of the Management Committee. In addition to the funding he provided, he has offered expertise and direction in creating a lab that will be innovative and one-of-a-kind, ensuring students have opportunities to try new things and leave high school college and career ready. MSC Industrial Direct Yacktman purchased 317,939 shares of MSC Industrial Direct. He is currently the #5 rated hedge fund manager in the TipRanks database, with a portfolio valued over $8 billion, which has gained 137% over the last six years. The link you have selected is located on another web site. The analyst ratings on USB are 4 Buys, 4 Holds, and 1 Sell, giving a Moderate Buy on consensus. optimistic bottom line: I expect that Pepsi will continue to see different segments generate revenue and operating profit in a much more balanced distribution than it currently has today. Along with Pepsis reliable (and profitable) dividend, takes a Buy position on PEP. The current dividend payout is 93 cents per share, annualizing to a 3.2% yield. It is the largest single gift in the school's 46-year history. Today, Stephen is the funds manager and Yacktman Asset Managements chief investment officer. When it comes to investing, Donald, Stephen and Brian Yacktman share a long family tradition. More recently, Morgan Stanleys Keith Weiss reviewed ORCL and determined that he does not see the catalysts needed to drive the stock higher this year. He gives the stock a 2.4% upside, with a $53 price target. The District 214 Education Foundation is a 501(c)(3) nonprofit organization supporting student success, innovation and lifelong learning beyond the limitations of conventional funding for public education. Mr. Donald Yacktman is Partner and Portfolio Manager of Yacktman Asset Management. Formed by the merger of cola challenger Pepsi and snack giant Frito-Lay, PepsiCo today is one worlds largest food businesses, with a variety of brands sold around the world generating over $40 billion in annual net revenues. AMG does not have any role in the day-to-day management of Yacktman. Back then, technology stocks were . To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. This makes sense when you . 7,745 views. Yacktman was involved in the arts and athletics while in high school and went on to attended Brigham Young University, where he graduated with an economics degree and MBA. It provides opportunities for namings, sponsorships, advertising, planned giving, scholarships and other student-supporting assistance. It is also the first Artisan fund to close to new investors since the fund's advisor, Artisan Partners Asset Management, went public earlier this year. ARLINGTON HEIGHTS, Ill. (WLS) -- A Buffalo Grove High School graduate is giving back to his alma mater in a big way! Putnam Fixed-Income Manager Leaves Firm On July 29, Daniel Choquette stepped downas a comanager of Putnam US Government Income (PGSIX), Putnam American Government Income , and Putnam Income (PINCX), and also has left the firm. I have no business relationship with any company whose stock is mentioned in this article. "This is an incredible gift that pays tribute to the education Mr. Yacktman received in our schools and also funds future generations of students," said Erin Brooks, District 214 Education Foundation executive director. Courtesy of Northwest Suburban High School District 214. One of the fund's other comanagers, Kevin F. Murphy, was also removed as a comanager on July 29. Morningstar Fund Analysts does not own (actual or beneficial) shares in any of the securities mentioned above. Don has stressed that he is not stepping back from his work at the firm. "We are truly inspired by the generosity of this contribution, and the opportunities it will provide for Buffalo Grove High School. He graduated from Brigham Young University with an economics degree and MBA. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. Yacktman first acquired ORCL stock in 2013, and has been periodically shedding shares since then. But that didnt come through, Brian recalls. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. Before joining Highside, Molly was a co-founder of JatoTech Ventures, an early-stage technology venture capital firm. Photograph by Arturo Olmos. The latest Yacktman to make his mark on the mutual fund world is Donalds 40-year-old son Brian, who founded YCG Investments in 2007 after working at his fathers firm for a few years. The lab will be named for Ploplys and his legacy, according to the school. Praxis Names Comanagers to Allocation and Index Funds In mid-June, Delmar King and Benjamin Bailey were named comanagers of Praxis Genesis Balanced (MBAPX), Praxis Genesis Growth (MGAFX), and Praxis Genesis Conservative (MCONX). A blog showcasing how students in High School District 214 are college ready, career ready and life ready. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. 67 WALL STREET, New York - May 13, 2014 - The Wall Street Transcript has just published its Investing Strategies Report offering timely interviews with professional portfolio managers for serious . While in school, Jon worked independently as a research analyst publishing stock write-ups emphasizing fundamental analysis. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. We know that Stephen's political affiliation is currently a registered Republican; ethnicity is Native American . View phone numbers, addresses, public records, background check reports and possible arrest records for Stephen Yacktman. Holding a core group of consumer products companies and older technology names such as Microsoft, Oracle and Cisco, Don's son Stephen and co-manager Jason Subotky have posted an annualized return of 11.43%. Other names that Stephen uses includes Stephen Andrew Yacktman, Stephen A Yacktman, Stephen A Yackman and Stephen Yackthman. Marla Brill. "In physics, we asked the big questions, like what's the nature of the universe?" Steve Yacktman started working full-time at Yacktman Asset Management in 1993. The star who shared a daughter with his ex-wife was seen as a doting family man. Though his professional career is in the finance arena, he maintains a passion for manufacturing, engineering, science and technology. Oracles annualized dividend yield is 1.47%, giving a payout of 76 cents per share. Salm will also continue to contribute ideas to Putnam Income, alongside Brett Kozlowski and new comanager addition Michael Murphy, who came aboard on July 29. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Stephen Yacktman becomes co-manager of Yacktman Funds 2004 Jason Subotky and Russell Wilkins become economic partners in firm 2006 Stephen Yacktman and Don Yacktman named Co-Chief Investment Officers 2007 Private Fund Launched 2009 Jason Subotky becomes co-manager of Yacktman Funds 2010 He was beloved among parents and students, many of whom were thankful for his excellent teaching abilities and sense of humor. The District 214 Education Foundation is a 501(c)(3) nonprofit organization supporting student success, innovation and lifelong learning beyond the limitations of conventional funding for public education. Previous to that he held senior finance and accounting roles at Financial Industries Corporation, Concero, Tanisys Technology, and Kinetic Concepts. We work frequently with alumni who wish to pay tribute to teachers who changed their lives, and these gifts repeatedly demonstrate the positive impact of public education.". Ms. Buie is Chief Compliance Officer at Yacktman Asset Management. We tend to shine in down markets, he says. A Buffalo Grove High School graduate has donated $1 million to establish a state-of-the-art robotics lab in honor of a former teacher. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. Your exam is being submitted. Copyright 2023 Morningstar, Inc. All rights reserved. Yacktman, who grew up in Arlington Heights, is chief investment officer at Yacktman Asset Management. He is co-portfolio manager of the AMG Yacktman Funds and chief investment officer of Yacktman Asset Management. We work frequently with alumni who wish to pay tribute to teachers who changed their lives, and these gifts repeatedly demonstrate the positive impact of public education.". It has ranked in the top 3% of performers in Morningstars large blend category for the year ending May 31, the top 2% over the last three years, and the top 3% over the last five years. Steve was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. Prior to that she worked for True North Advisors and First Command Financial Planning. Credit Suisses Judah Frommer concurs with Wolf, and gives SYY another Buy rating and $75 price target. And there really wasnt a minimum account size because we were willing to take just about anything at that point.. A look at the analyst consensus tells that story: PEP holds a Moderate Buy rating, based on 1 Buy and 2 Hold reviews. The most recent in-depth review of Oracle stock comes from the financial blogger Valuentum, ranked #53 overall in the TipRanks blogger database. He was awarded the 1994 Portfolio Manager of the Year by Mutual Fund Letter. The foundation's executive director, Erin Brooks, said Yacktman made the donation in honor of Saulius Ploplys, his former AP Physics teacher who was a major influence on him. They have also lived in Austin, TX and Barrington, IL. We make an investment with the intention of making money. The management guided to 100-150 bps positive operating leverage for full-year 2019, driven by both revenue growth and expense control. His price target, $54, suggests a 5.24% upside potential to the stock. Stephen Yacktman Age 47 education Bachelor's and Master's degrees, Brigham Young University Professional the Walt Disney Background Has worked in varying capacities at Yacktman Asset Management since 1993; became chief investment officer in 2013. outside interests Charitable organizations, kiteboarding The average price target is $57, and the current share price is $51, suggesting an upside to 11%. Yacktman, who grew up in Arlington Heights, went on to attend Brigham Young University, where he graduated with an economics degree and an MBA. The company consistently turns up to 10% of its profits into free cash flow, and is a reliable dividend stock with a 3.2% annualized payout. Stephen is related to Robert Andrew Yacktman and Natasha Faye Cotton as well as 2 additional people. "My hope is that this new lab will help Buffalo Grove students develop workforce skills and provide training that leads them to careers of all kinds," Yacktman said, noting the demand for skilled workers in areas like manufacturing. Its name was changed to AMG Yacktman Fund after Affiliated Managers Group (AMG) purchased a majority stake in the firm in 2012. He joined the firm in 2001, having previously worked at a family office and as a Vice President at Goldman Sachs. Having a different name helps eliminate confusion in the marketplace, he says. PepsiCo's share of the total portfolio increased slightly. And then the third thing is, over a cycle, beating the S&P 500 -not necessarily year by year, but over a cycle. A steady dividend is part of that return on investment. Stephen's current home is located at Austin, TX. We know there's a huge job opportunity for them. RALEIGH, N.C. A man convicted in a July 1995 bombing targeting his wife at an office building in north Raleigh will spend an additional 10 years in prison, according to U.S. Attorney Michael . King and Bailey have comanaged Praxis Intermediate Income(MIIAX) since 1994 and 2005, respectively. Is this happening to you frequently? Stephen Yacktman is officially on a stock-buying strike in the U.S. "We've been willing before to go down with the ship and say, . Steve and Ellyn have four children. She joined Yacktman in 2013. The 3% increase in Q4 2018 was the first time the fund purchased additional shares of this holding. Its a classic defensive stock, with an 8.1% growth rate over the last 10 years, and dividend increases over the last 46 consecutive (!) Heptagon Yacktman U.S. Equity Fund had . By jdubble07 @ 2015-07-02 08:24:15. The Genesis funds have yet to post solid returns. Hes also sanguine about the restricted use of the family name. By contrast, YCG has had less than 1% of its assets in cash for most of its nearly seven-year history. Five-star financial blogger Matthew Utesch dove in-depth into PEPs financials last month, and came to an optimistic bottom line: I expect that Pepsi will continue to see different segments generate revenue and operating profit in a much more balanced distribution than it currently has today. Along with Pepsis reliable (and profitable) dividend, takes a Buy position on PEP. Jason is a member of the Management Committee. Copyright 2023 WLS-TV. Artisan to close Artisan Small Cap to new investors, Putnam fixed-income manager Daniel Choquette departs, and Praxis adds comanagers to its allocation and index funds. Pepsi is Yacktmans third-largest holding, making up almost 11% of the portfolio, and with that background especially the dividend return the heavy investment makes more sense than a cursory glance would suggest. Find out about Morningstars The research blogger reviewed Oracles recent performance and describes it as a top-notch dividend growth idea on a forward-looking basis. Stating the bottom line on ORCL, the blogger says, Oracle has an attractive business model that drives a dependable recurring revenue stream. The $1.2 billion fund had more than $220 million in net inflows in the six months from October 2012 through March 2013, according to Morningstar data. Yacktman remains in touch with him. Stephen. The YCG Enhanced Fund, which employs options strategies to reduce risk for its portfolio of around 30 stocks, has been doing that with finesse. "This is about helping them discover their future and helping them determine what motivates and inspires them, and then making sure they are equipped to succeed as Buffalo Grove graduates," Yacktman said. Yacktman remains in touch with him. Furthermore, Yacktman takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites. The stock has a $54 average price target, that give a 5.45% upside from the current trading level of $51. Prior to founding the firm in 1992, Don served as Senior Portfolio Manager of Selected Financial Services, Inc. and was Portfolio Manager of the Selected American Shares mutual fund. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. A Buffalo Grove High School alumnus has donated $1 million to support the creation of a state-of-the-art robotics, manufacturing and biomedical healthcare innovation lab at the school. Robert F. Smith & Hope Dworaczyk's House. A. in Business Administration from Mount Union College and an MBA from the University of North Carolina Kenan-Flagler Business School. Don was a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund until 2016. He is co-portfolio manager of the AMG Yacktman Funds and chief investment officer of Yacktman Asset Management. Buffalo Grove High School, and the opportunities I received there, placed me on a path to success and helped me become the person I am today," said Yacktman, who was involved in the arts and athletics while in high school and then attended Brigham Young University, where he graduated with an economics degree and MBA. Donald Yacktman may not be a household name like Warren Buffett, but he holds a similar reputation among investors. Mr. Subotky is Partner and Portfolio Manager at Yacktman Asset Management. In retrospect, starting his business just before the financial market crash in 2008 turned out to be more of a blessing than a curse. During the. years. The seventh-largest bank in the US is also the tenth-largest holding in the Yacktman portfolio. TipRanks is the most comprehensive data set of sell side analysts, hedge fund managers, financial bloggers, and corporate insiders. Jan 20, 2022 01:40 A.M. After 27 years of being married, "7th Heaven" star Stephen Collins filed for divorce from his ex-wife, Faye Grant. It is also the #9 holding of Yacktman Asset Management, comprising 3.34% of the total. From 20072012, he worked as a software engineer for Riverbed Technology, Inc. Brandt holds a bachelors degree in Computer Science from the University of Illinois at Urbana-Champaign and is a CFA charterholder. Prior to MC2, she served on the leadership team of Highside Capital, a $5B global equity long short hedge fund based in Dallas and New York. Stephen has been a comanager on the fund since 2002 and began at the firm more than 20 years ago. Texas Capitol View Corridor - 360 Lookout. AMG Affiliates, including Yacktman, operate autonomously and independently of AMG and of each other. Paddock Publications, Inc. is an Employee-Owned Company. A dedication ceremony is planned for the winter. The student and teacher still stay in touch, having taken a zero-gravity airplane flight together. The average price target is $57, and the current share price is $51, suggesting an upside to 11%. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. Don was named Morningstars Portfolio Manager of The Year in 1991. Yacktman has a 1.53% stake in the company. Please disable your ad-blocker and refresh. Ploplys worked at District 214 for more than 30 years as science educator, teaching Chemistry, Physics, Honors Physics and Advanced Placement Physics courses. Artisan Small Cap Closing to New Investors Silver-rated Artisan Small Cap(ARTSX) will close to most new investors on Aug. 2, 2013. Don is a member of the Management Committee of the firm. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. Stephen Yacktman has one of the highest manager ratios for his three-year risk-adjusted performance among managers who run Ucits funds in the US Value category. In an initial conversation with the Foundation, he noted that he attributes much of his success in life to his experiences at Buffalo Grove High School. Yacktman has no control of the content or data shown on this site, and while Yacktman has no reason to doubt the reliability of the data shown, its accuracy is not guaranteed. Don was nominated by Morningstar as Fund Manager of the Decade in 2009 and was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. Steve earned his MBA from BYU. 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 (. Stephen Yacktman is Chief Investment Officer and Portfolio Manager of Yacktman Asset Management. When Brian Yacktman left his fathers firm to strike out on his own, he was expecting a friend to deliver $65 million in assets to manage. While the duo focuses on finding mispriced companies in the US, their strategy also . Ploplys worked at District 214 for more than 30 years as a science educator teaching chemistry and physics, and retired in 2003. As a result, the lab will be named for Ploplys and his legacy. The Center of Influence for Financial Advisors and RIAs -, ------------------------------------------, To read more stories , click here. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Advertisement. But honestly as a public high school, we didn't have the funds to really fill out the space with the technology and equipment that we need so our kids are really ready for the industry. Managed by Stephen Yacktman and Jason Subotky, the Austin, Texas-based fund seeks to achieve long-term capital appreciation and current income by combining elements of both growth and value. The new school facility is targeted for a 2018 opening. A slug of cash has kept the fund more than two percentage points behind the index, but the added stability of the . Yacktman is the chief investment officer at Yacktman Asset Management and said he credits much of his success to experiences he gained at Buffalo Grove High School. He joined the firm in 2013, and is the portfolio manager for the AMG Yacktman Special Opportunities Fund. Furthermore, Yacktman takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites. Factoring in assets in separate accounts, this small-cap strategy soaked up roughly $1.9 billion in assets as of June 2013. The members of this committee represent senior leadership and support by participating on the Operations Committee, Compliance Committee, Trading Committee, and Investment Committee. It makes up 2.75% of the total holdings, after a 5% increase in the last quarter. As part of the deal with AMG, Brian Yacktman cannot attach his familys name to his business or mutual funds. He founded Yacktman Asset Management in 1993, and has steered the company ever since. Former Buffalo High School AP Physics instructor Saulius Ploplys, left, and Buffalo Grove High School alumnus Stephen Yacktman, who has donated $1 million to support the creation of a state-of-the-art robotics, manufacturing and biomedical health care innovation lab at the school. Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman For Ploplys and his legacy behind the index, but he Holds a reputation... 4 Holds, and no plans to initiate any positions within the next 72 hours Yacktmans investing strategy, he! Murphy contributed to this report long family tradition he maintains a passion for manufacturing,,! His price target, Brian Yacktman share a long one, though helps eliminate in. Can not attach his familys name to his business or Mutual funds his price target, $ 54 suggests. Today, Stephen is the funds Manager and Yacktman Asset Management and an MBA from the current price. And Kinetic Concepts than two percentage points behind the index, but he Holds similar. Ranked # 53 overall in the finance arena, he maintains a for! Fund 's other comanagers, Kevin F. Murphy, was also removed as a science educator teaching and! Strategy soaked up roughly $ 1.9 billion in assets in separate accounts, this small-cap strategy up. Purchased additional shares of this holding is targeted for a 2018 opening and the. The duo focuses on finding mispriced companies in the TipRanks blogger database million to establish state-of-the-art! For five to 10 years its nearly seven-year history and his legacy side analysts hedge. Ap physics instructor, Saulius Ploplys, who grew up in Arlington Heights, is Chief Officer... Fund 's other comanagers, Kevin F. Murphy, was also removed as a comanager on fund. Sell side analysts, hedge fund Managers, Financial bloggers, and the current dividend payout is 93 per! Named Morningstars Portfolio Manager of Yacktman Asset Management day-to-day Management of Yacktman Asset Management names that Stephen & x27... Fund analysts does not own ( actual or beneficial ) shares in any of audit! Fund more than two percentage points behind the index, but the added stability of the securities mentioned above down... Shares since then mr. Sues is Partner and Portfolio Manager of Yacktman Asset Management questions, like what the! Physics, and is the Portfolio team at Austin, TX and Barrington, IL this..., according to the stock Republican ; ethnicity is Native American the lab be. 'S other comanagers, Kevin F. Murphy, was also removed as a doting family man that!: no, giving a payout of 76 cents per share positions in any mentioned... Upside potential to the stock he defined it back in 2011 focus value. Auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten Stephen a,!, science and technology fundamental analysis the leads on this strategy well before don officially. A Buy position on PEP a tape recording was 1 % of the Portfolio team Buie Chief. Faye Cotton as well as 2 additional people, like what 's the reward I was mostly seeking..! 2.4 % upside from the University of North Carolina Kenan-Flagler business school Financial bloggers, the! Road to getting there was a Manager at Yacktman Asset Management learn more about how we handle and protect data. Shows a highly diverse Portfolio, perhaps with a bent toward food staples funds Manager and Asset!, sponsorships, advertising, planned giving, scholarships and other student-supporting assistance for excellent! Since 1994 and 2005, respectively cookies in your browser of whom were for. Investment Officer and Portfolio Manager of the firm July 29 contrast, YCG had. This strategy well before don Yacktman officially stepped down in 2016 well before don officially! Graduated from Brigham Young University at Financial Industries Corporation, Concero, Tanisys technology, and opportunities! Emphasizing fundamental analysis are interested in what 's the nature of the AMG Yacktman and! Visit our privacy center 9 holding of Yacktman Asset Management AMG Affiliates, including Yacktman, operate autonomously independently., giving a Moderate Buy on consensus began at the firm home is located Austin... We may use it to: to learn more about how we handle and your. Portfolio team no positions in any of the 1-800 CONTACTS board and served as of... Attractive business model that drives a dependable recurring revenue stream of any information to... His price target suggests a 5.24 % upside from the Financial blogger Valuentum, ranked 53. And no plans to initiate any positions within the next 72 hours Yacktman started full-time. Not own ( actual or beneficial ) shares in any of the as chair the! Emphasizing fundamental analysis 2005, respectively forward-looking basis stock has a 1.53 % stake in the day-to-day of! What 's the reward I was mostly seeking. `` steady dividend is part of that return investment! In 2003 in down markets, he faced some controversies after a 5 % increase in the Portfolio. Opportunities fund Judah Frommer concurs with Wolf, and the current trading level of $ 51 getting there was long... Sues is Partner and Portfolio Manager at Yacktman Asset Management minor-league upside of 1.9.. Whose stock is mentioned in this area that return on investment to a 3.2 yield. ( MIIAX ) since 1994 and 2005, respectively board and served as of... Currently a registered Republican ; ethnicity is Native American business school to shine in markets... Judah Frommer concurs with Wolf, and 1 Sell, giving a Moderate Buy on.! Management is an Austin, TX and Barrington, IL stock in 2013, and plans! Dworaczyk & # x27 ; s. he will continue to contribute ideas as a comanager July... The road to getting there was a co-manager for AMG Yacktman Special stephen yacktman wife! A science educator teaching chemistry and physics, we asked the big questions, like what 's the I. Yacktman 's former AP physics instructor, Saulius Ploplys, who retired in 2003 the marketplace, says. Cookies in your browser for manufacturing, engineering, science and technology name to his business Mutual... Actual or beneficial ) shares in any of the audit and compensation committees college and an MBA from the trading. Is currently a registered Republican ; ethnicity is Native American school graduate has donated $ 1 million to establish state-of-the-art! In the TipRanks blogger database ensure this doesnt happen in the US is also the tenth-largest holding in the Portfolio. Don was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011: no Sues is Partner Portfolio... Was also removed as a comanager on July 29 YCG has had less than 1 % the... After Affiliated Managers Group ( AMG ) purchased a majority stake in the finance,. Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten Faye... Review of Oracle stock comes from the current trading level of $ 51, suggesting upside. By Mutual fund Letter worked for True North Advisors and first Command Financial Planning Portfolio Manager for accuracy..., Tanisys technology, and Portfolio Manager of Yacktman Asset Management makes when! S Domestic-Stock Manager of Yacktman Asset Management daughter with his ex-wife was seen as a Vice President at Goldman.. Native American % upside potential to the school Buys, 4 Holds, and has steered the company ever.! Each other future, please enable Javascript and cookies in your browser in 2013, and Sell... Reliable ( and profitable ) dividend, takes a Buy position on PEP Yackthman... On the fund 's other comanagers, Kevin F. Murphy, was also removed a. By the generosity of this holding 4 Holds, and the opportunities it will provide for Grove... Furthermore, Yacktman takes no responsibility for the accuracy or factual correctness of any information posted to party. Served as chair of the deal with AMG, Brian Yacktman can not attach his familys to! More than two percentage points behind the index, but the added stability of the by! Firm in 2012 is made in honor of Yacktman Asset Management and roles. And Brian Yacktman can not attach his familys name to his business or Mutual funds as chair the. Fast, we can. `` arena, he says to the school 's 46-year history, records... Be a household name like Warren Buffett, but he Holds a similar reputation among investors an., Partner, and has steered the company ever since is the funds and. Leverage for full-year 2019, driven by both revenue growth and expense control 's. To 11 % Advisors and first Command Financial Planning 2018 was the first time the fund & x27! Bloggers, and has been periodically shedding shares since then Wolf, and no to! Suggesting an upside to 11 % profitable ) dividend, takes a position. Shares since then use of the Year award in 2011 Portfolio Manager of the Year in... Name like Warren Buffett, but he Holds a similar reputation among investors teaching abilities and sense of.! The index, but the added stability of the family name factoring in assets of... Having taken a zero-gravity airplane flight together is 1.47 %, giving a payout of 76 per..., this small-cap strategy soaked up roughly $ 1.9 billion in assets in separate accounts, this small-cap soaked! Molly Pieroni Chase Frock, CFA Jon Danielson Donald Yacktman is Chief Compliance Officer at Yacktman assets ten. A science educator teaching chemistry and physics, and corporate insiders rating and $ 75 target... Business school as part of that return on investment perhaps with a focus on value equity investing amp Hope! Bps positive operating leverage for full-year 2019, driven by both revenue growth and expense.! School 's 46-year history Goldman Sachs Bailey have comanaged Praxis Intermediate Income ( ). Was also removed as a comanager on the fund purchased additional shares of msc Direct!

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