Yacktman Asset Management has increased holdings in four of its top ten stocks, according to 13F filings. We aim to make Wall Street more transparent by highlighting which experts can consistently outperform the market, allowing investors to make the most informed investment decisions. Subotky has been a comanager since 2009 and has been with the firm for nearly 15 years. It makes up 2.75% of the total holdings, after a 5% increase in the last quarter. Those two do not have an independent record of their own, but they have ample experience. Donald, 78, pioneered a contrarian, deep-value style of investing that focused on unloved corners of the market. 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, . The link you have selected is located on another web site. Matthew McConaughey's House. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. "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. He was beloved among parents and students, many of whom were thankful for his excellent teaching abilities and sense of humor. Though his professional career he said he's maintains a passion for manufacturing, engineering, science and technology. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Media Manager for High School District 214, handling media relations and social media. Don and Stephen had shared the CIO title during the past seven years. Please click OK below to leave the Yacktman site and proceed to the selected site. 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. Austin, Texas (TX), US. Today, Stephen is the funds manager and Yacktman Asset Managements chief investment officer. Today, Stephen is the fund's. In June, class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated $1 million to support the creation of a state-of-the-art-robotics, manufacturing and biomedical healthcare innovation lab at Buffalo Grove High School. Having a different name helps eliminate confusion in the marketplace, he says. AMGs equity interest is structured so that Yacktman maintains operational autonomy. He said he hopes the new lab will help students develop workforce skills and provide training for their careers. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. BYU Marriott School of Business Home Page. Yacktmans senior management takes an active role overseeing risk management across the firm primarily via its Management Committee. Over the past 15-, 10-, and five-year periods, the Yacktman Fund has been the top-performing large-cap blend fund, according to Morningstar Inc. Donald Yacktman and his son, Stephen. 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. 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 . Both funds follow a strategy that's heavy on government-backed mortgage securities, fitting Salm's expertise as head of the firm's mortgage team. The seventh-largest bank in the US is also the tenth-largest holding in the Yacktman portfolio. Prior to joining the firm in 2015, Brandt worked independently studying accounting and investment research, publishing research reports and developing research analysis tools. Prior to founding the Yacktman firm in 1992, Don managed Selected American Shares(SLADX) for nearly a decade, during which time he was named Fund Manager of the Year by Morningstar in 1991. 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. I have no business relationship with any company whose stock is mentioned in this article. The software company has a brighter outlook from the market analysts, even though the analyst opinion is very much split between the Buys and the Holds.. 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. 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. As a result, the lab will be named for Ploplys and his legacy. Being a food wholesaler, Sysco is another defensive play for Yacktman. Despite its high status in Yacktmans portfolio, PEP shares are the weakest of the major holdings that the fund increased this past quarter. Adam is also co-manager for the AMG Yacktman Focused Fund, AMG Yacktman Fund, and AMG Yacktman Global Fund. Thank you for your interest in Yacktman Asset Management. It provides opportunities for namings, sponsorships, advertising, planned giving, scholarships and other student-supporting assistance. AMG Yacktman Service is currently run by co-managers Stephen Yacktman and Jason Subotky. 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. Mr. Frock is Senior Analyst /Trader. Terms of Service apply. We sell different types of products and services to both investment professionals and individual investors. Stephen is related to Robert Andrew Yacktman and Natasha Faye Cotton as well as 2 additional people. It is the largest single gift in the school's 46-year history. Ploplys, who retired in 2003 after 34 years at Buffalo Grove and the former Arlington High School, said he was honored by the recognition, having received word from Yacktman about a month ago that he intended to make a donation in the former teacher's name. Discover how we prepare students for success in college, careers and life in High School District 214. Copyright 2023 WLS-TV. Stephen has been a comanager on the fund since 2002 and began at the firm more than 20 years ago. He is an early founder of 1-800-CONTACTS and served on the board of directors and as chair of the compensation and audit committees. Value investors Stephen Yacktman and Jason Subotky, co-managers of the AMG Yacktman Focused fund, hear echoes of 1998 these days. Thomas Martin's House (Former) Paul Rogge's House. "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.". Mr. Donald Yacktman is Partner and Portfolio Manager of Yacktman Asset Management. He founded Yacktman Asset Management in 1992 after a successful stint as a portfolio manager at Selected American Shares, and launched the Yacktman Fund soon after. For more information, visit www.214foundation.org. Mr. Yacktman: Assets at the end of the most recent quarter were in excess of $11 billion for AMG Yacktman Focused Fund and $13 billion for AMG Yacktman Fund. Stephen Yacktman's House. 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. Gabelli Donates $15M for New Columbia Business School Campus This past week, Columbia Business School announced that GAMCO Investors(GBL) chairman Mario Gabelli is donating$15 million to help pay for a new, $600 million campus for Columbia Business School. 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. 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. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. 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. A 2,000-square-foot space inside Buffalo Grove High School will become a state-of-the-art robotics, manufacturing and biomedical health care innovation lab at the school, thanks to a generous donation from Class of 1988 alumnus Stephen Yacktman and his wife Ellyn. The fund's soft close is a shareholder-friendly move that should allow its managers to maintain the flexibility to make significant investments in their best ideas. In a pre-recorded segment for the show, the Duke of Sussex . Stephen's current home is located at Austin, TX. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. 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. The Center of Influence for Financial Advisors and RIAs -, ------------------------------------------, To read more stories , click here. Keith began his career with KPMG. Please click OK below to leave the Yacktman site and proceed to the selected site. Yacktman, chief investment officer at Austin, Texas-based Yacktman Asset Management, told District 214 foundation officials that he attributes much of his success in life to his experiences at Buffalo Grove High, where he took advanced placement classes and was involved in the arts and athletics. A. in Asian Studies and Japanese from Brigham Young University and an MBA from Pepperdine University. JatoTechs portfolio companies were acquired by Broadcom, Silicon Labs, Intel and Qualcomm. He has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002 and AMG Yacktman Global Fund since inception. Stephen received a B. S. degree from Brigham Young and a MBA from Brigham Young University. He was awarded the 1994 Portfolio Manager of the Year by Mutual Fund Letter. Ploplys worked at District 214 for more than 30 years as a science educator teaching chemistry and physics, and retired in 2003. Yacktman has a 1.53% stake in the company. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. In June, class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated $1 million to support the creation of a state-of-the-art-robotics, manufacturing and biomedical healthcare. Prior to joining the firm in 1998, he was a Senior Business Analyst at Electronic Data Systems Corp. Mr. Wilkins holds a B. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Ms. Buie is a Certified Securities Compliance Professional (CSCP) and a former board member of the National Society of Compliance Professionals. Your exam is being submitted. Mr. Dusthimer is an Investment Analyst at Yacktman Asset Management. 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. Provide specific products and services to you, such as portfolio management or data aggregation. Prior to joining the Firm in 2013, Keith worked at Bridgepoint Consulting LLC, where he was a CFO-level consultant for various companies. Don has stressed that he is not stepping back from his work at the firm. It provides opportunities for namings, sponsorships, advertising, planned giving, scholarships and other student-supporting assistance. Additionally, in mid-June, Dale Snyder was named a comanager of Praxis Value Index(MVIAX) and Praxis Growth Index (MGNDX). 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. Its name was changed to AMG Yacktman Fund after Affiliated Managers Group (AMG) purchased a majority stake in the firm in 2012. Ms. The school said this is the largest single gift in the school's 46-year-history. Oracle makes up 7.9% of the Yacktman portfolio. Ms. Pieroni is Partner and President at 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.". Mr. Thatcher is Partner and Chief Financial Officer at Yacktman Asset Management. 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. 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. Mr. Subotky is Partner and Portfolio Manager at Yacktman Asset Management. Stephen is a member of the Management Committee of the firm. When all was said and done, Yacktman increased his holding in PepsiCo by only 0.01%; chalk this one up as a conservative play. 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%. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Molly holds a BBA from William and Mary and an MBA from Harvard. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Stephen A. Smith is perhaps the most outspoken sports analyst in the world. King and Bailey will support manager Chad Horning, who has led the funds since their December 2009 inception. 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. 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 analyst ratings on USB are 4 Buys, 4 Holds, and 1 Sell, giving a Moderate Buy on consensus. For more information, visit www.214foundation.org. By contrast, YCG has had less than 1% of its assets in cash for most of its nearly seven-year history. Kitchen Possible empowers kids in Chicago, CA to see more snow as it recovers from back-to-back winter storms, Closing arguments begin after jurors visit Murdaugh crime scene | LIVE. Please. He is an early founder of 1-800-CONTACTS and served on the board . A closer look at Smith's love life. Yacktman, chief investment officer at Austin, Texas-based Yacktman Asset Management, told District 214 foundation officials that he attributes much of his success in life to his experiences at. AMG Affiliates, including Yacktman, operate autonomously and independently of AMG and of each other. While in school, Jon worked independently as a research analyst publishing stock write-ups emphasizing fundamental analysis. Mr. Sues is Partner and Portfolio Manager at Yacktman Asset Management. It is the largest single gift in the school's. He joined the firm in 2020 after working previously at Fidelity Investments and Affiliated Managers Group. 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. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. 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. 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. Andrew Wolf of Loop Capital set a Buy rating with a $75 price target, saying, [E]xpect the company's better than expected operating leverage and reduce costs to continue to contribute to its bottom line, forecasting Sysco earnings to accelerate further. His target suggests an 11% upside to the stock. Prior to that she worked for True North Advisors and First Command Financial Planning. "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. 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