Yacktman Asset Management is a boutique investment firm located in Austin, Texas. when redeemed, may be worth more or less than their original cost. The matching tool does not include She blinked once each time. All Rights Reserved. They are a trusted partner to institutional investors globally, providing mutual fund and separate account management. GW&K Investment Management is a dynamic investment management firm that offers asset allocation, active equity, and fixed income investment solutions to help meet the needs of a diverse client base. review the ongoing performance of any Adviser, participate in the management of any users account by services are limited to referring users to third party advisers registered or chartered as fiduciaries all available advisors and firms and matches based on specific criteria (investable assets, Yacktmans not a gunslinger, nor does he think hell beat the S&P 500 every year. The 71-year-old with a broad build and bald pate is thriving in the slumping, post-crisis world of stock mutual funds. For certain peer groups where standard benchmarking is not applicable, primarily peer groups of funds using alternative investment strategies, the modification by alpha dispersion is not used. In this article, we discuss the 10 dividend stocks to buy according to Donald Yacktman's hedge fund. This is a BETA experience. 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. He graduated from Brigham Young University with an economics degree and MBA. I never want to come across as arrogant, he says from his modest third-floor office in the west hills of Austin, where landscape reprints hang on the walls. Frontier Capital Management Company, LLC specializes in growth and value equity investments on behalf of institutional and individual clients. For example, they recently loaded up again on Procter & Gamble, which Steve says is at the tail end of a cycle of contracting margins. Please use the latest version of Chrome, Opera, Firefox, Safari or Edge. Financial management fee schedules usually vary depending on which service is offered. Two Sigma, a New York-based hedge fund that uses sophisticated technology, is taking its analytical skills into insurance underwriting with Two Sigma Insurance Quantified. Could Chinese Equities Stage a Strong Comeback in 2023? For actively managed strategies, people and process each receive a 45% weighting in their analysis, while parent receives a 10% weighting. 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. A copy of the same can bedownloaded here. Some analysts and investors believe that value investing will achieve a comeback in the foreseeable future, as growth stocks have outperformed value stocks by a wide margin in the past several years. Seven years ago Yacktman moved to Austin, but not just to get away from the groupthink. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Stephen A. Yacktman CHIEF INVESTMENT OFFICER, PARTNER, AND PORTFOLIO MANAGER See Our Approach Read Bio Jason S. Subotky PARTNER AND PORTFOLIO MANAGER See Our Approach Read Bio Adam P. Sues PARTNER AND PORTFOLIO MANAGER See Our Approach Read Bio Performance Portfolio & Holdings Investment Approach About See our most recent investment and planning ideas. In 1993, Easterbrook worked the first time for McDonald's. 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 strives to achieve solid risk-adjusted returns over time. Shaw Group. Founded in 1982, Pantheon is a leading global private equity fund investor, managing private equity funds and separate account programs for investors around the world. platform based on information gathered from users through our online questionnaire. Access to ADV forms, account maintenance and applications, Access to distributions, tax resources and form 8937, CityWire Reprint: Yacktman PMs Discuss Their Eclectic Approach to Value. How does he beat the market? The trailing 12-month dividend yield of Beiersdorf AG is 0.79%. Tracing its history back to 1946, Montrusco Bolton Investments Inc. is a private investment management firm. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. In 2006 he was named Co-Chief Investment Officer and Senior Vice President of Yacktman Asset Management. He joined Yacktman Asset Management in 1993 as an analyst and has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002. 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. Yacktman employs a disciplined investment strategy, buying growth companies at what it believes to be low prices. Between improving margins, earnings growth, and its 3% dividend, the stock can generate double-digit returns over the next five years, Steve believes. Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman Stephen Malkmus net worth: Stephen Malkmus is an American musician and singer who has a net worth of $5 million. Fox Corp. has a market cap of $23.91 billion; its shares were traded around $38.21 with a price-earnings ratio of 24.86. All the while, Don has continued to grow the business, but he has also been facing the reality of his own mortality. PG 15 . Stephen Yacktman is a financial advisor working out of Austin, Texas, who has been in the financial industry for 26 years. He thinks back to how close he was to losing his daughter. 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. The firm strives to achieve solid risk-adjusted returns over time. 56% of rolling five-year periods since Stephen Yacktman's tenure began in December 2002, it . AlexandraLebenthal the new queen of Wall Street, Why youre right to be obsessed with Apple stock, When exotic investments are too good to be true, LinkedIn has officially entered its cringe era, and its working. Purchase or redeem shares. Portfolio management for individuals and/or small businesses, Portfolio management for investment companies, Portfolio management for pooled investment vehicles, Portfolio management for businesses or institutional clients, Percentage of Assets, Performance-based Fees, 6300 Bridgepoint Parkway Building 1 Suite 500. Neither Morningstar, its content providers nor the AMG Funds are responsible for any damages or losses arising from any use of this information. Investors should carefully consider the Funds investment objectives, risks, charges and expenses before investing. The issuers of the Funds holdings may be involved in bankruptcy proceedings, reorganizations, or financial restructurings, and are not as strong financially as higher-rated issuers. The focus is on identifying good quality, sustainable businesses and remaining patient to buy into these companies at the right entry point in order to achieve long term real returns. are not responsible for its accuracy. Purchase or redeem shares. Owner: yacktman stephen Total Market Value: $505,099 +Edit Past Address 2509 Pearce Rd, AUSTIN, TX 78730-4256 View Address Property Lot Size: 1.49 AC Owner: yacktman stephen & ellyn Total Market Value: $211,968 +Edit Past Address Manana St, AUSTIN, TX 78730 View Address Property Lot Size: 1.12 AC Owner: yacktman stephen & ellyn Their team of investment professionals still share the same entrepreneurial spirit which drives the way they serve their institutional clients globally. Yacktman believes this approach combines the best features of growth and value investing. Powered and implemented by Interactive Data Managed Solutions. The trailing 12-month dividend yield of The Walt Disney Co. is 1.30%. He was named "Portfolio Manager of The Year" by Morningstar in 1991, and before founding his firm, he worked at Selected Financial Services and Stein Roe & Farnham. Accordingly, Yacktman generally prefers to wait for buying opportunities. Dr. De Georgia says that as impressive as her progress has been, Jenny can still recover much more. Austin, Texas (TX), US Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. Working with an adviser may come with potential downsides such as payment of fees You dont need to jump in and out of stocks, he tells them. AMG Yacktman Global N 8.5 10. Don is affable and warms to interviewers, while Steve can sometimes come across as brash (he once told a University of Texas audience that he had never made an investing mistake). Mr. Subotky received a Bachelor of Music from the University of Southern California and an MBA from Brigham Young University. Changing interest rates may adversely affect the value of an investment. In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Yacktman Fund sells companies that no longer meet its investment criteria, or if better investment opportunities are available. Steve Yacktman started working full-time at Yacktman Asset Management in 1993. Founded by investor Donald Yacktman, the fund is now helmed by Chief Investment Officer Stephen Yacktman. Shaw, John Paulson, Carl Icahn, Yacktman Asset Management, Evolution Capital Management, COMSCORE, Inc. (SCOR), SoFi Technologies, Inc. (SOFI), and More, Donald Yacktmans Latest Portfolio: Top 10 Stock Picks, 10 Stocks Donald Yacktman is Selling in 2022, 10 Dividend Stocks to Buy According to Donald Yacktman's Hedge Fund, Billionaire Donald Yacktman's Hedge Fund Trims Exposure to Consumer Staples, Energy, Investing Legend Donald Yacktman Trims Stake in Major Holdings Going Into Q2, Value Investing Guru Donald Yacktman Propelled to Strong Q1 by Top Picks, Donald Yacktman's Top Dividend Stock Picks for 2016, Value Investing Guru Donald Yacktman's Favorite Stock Picks For Q4, Here Are Yacktman Asset Managements Top Tech Picks, Yacktman Asset Management Keeps Betting on Consumer Stocks, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Explore client engagement resources, advisor focused insights and expert views from our affiliates. CHIEF INVESTMENT OFFICER, PARTNER, AND PORTFOLIO MANAGER. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. Copyright 2023 AMG Funds LLC. Soon she regained some movement in her right hand, then the entire right side of her body. Consumer defensive stocks occupied the greatest space at 30.83% of the portfolio, followed by technology at 27.92% and consumer cyclical at 10.36%. Six of his seven children have followed him from Chicago, where he lived for 38 years, to Austin, where he moved in 2005. Assets total a whopping $22 billion, and most of Yacktman's focus is on value-priced equities. Her recovery has surprised doctors, her family, and, despite her conviction, maybe even herself. 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. Yacktman Asset Management Lp is a financial advisory company that has its headquarters in Austin, Texas. The fund gained 2,693,333 shares of Fox Corp., occupying 1.73% of the portfolio. Market RiskMarket prices of investments held by the Fund may fall rapidly or unpredictably due to a variety of economic or political factors, market conditions, disasters or public health issues, or in response to events that affect particular industries or companies. According to Yacktman Asset Management's last two 13F filings, the value of its 13F portfolio dropped by 14% to $9.64 billion at the end of June from $11.2 billion at the end of the first . Past performance is no guarantee of future results. Since 1992, the firm has navigated multiple market cycles while adhering to a disciplined investment approach led by Stephen Yacktman, Chief Investment Officer. Steve was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. Both current and future portfolio holdings are subject to risk. To report any data inconsistencies or errors, please contact Shes moving closer to a normal life each day, but she admits she grows frustrated by her new reality. Your browser is not currently supported. Career Upon getting his degree from the university, Easterbrook worked as a trainee accountant with Price Waterhouse. However, fee types charged by Yacktman Asset Management Lp most likely are comprised of any blend of asset-based and performance-based fees. But he knows that the conference room is necessary now that he doesnt want to be doing so many trips to Europe, and he understands Steve and Jasons desire for more modern offices even if he cant completely stomach it. Don marched out to the garage to save it. Explore client engagement resources, advisor focused insights and expert views from our affiliates. https://shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx. He makes bets that you kind of look at like, hmm, says Lipper analyst Tom Roseen. Click here to get matched with an advisor today. Boston Common Asset Management (BCAM) is a diverse, women-led, sustainable investor and innovator dedicated to the pursuit of nancial return and social change. The Fund seeks long-term capital appreciation, and, to a lesser extent, current income. In 2004, his daughter Jenny suffered a stroke at age 30. He just doesnt get rattled in bad markets, says Jeff Auxier, a fellow value-fund manager based in Oregon. For this and other information, please call 800.548.4539 or visit www.amgfunds.com for a free prospectus. For performance information through the most recent month end please call 800.835.3879 or 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. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. He is an early founder of 1-800-CONTACTS and served on the board . Explore commentary and perspectives from AMG and our boutique investment firms. Founded in 1978, Renaissance Investment Management is a registered investment advisor based in the greater Cincinnati, Ohio, area. Age, Height, and Weight Being born on 6 August 1967, Steve Easterbrook is 55 years old as of today's date 28th February 2023. When they purchase stocks, they generally search for companies they believe to possess one or more of the following three attributes: Shareholder-Oriented Management FINRA. With her straight blond hair, striped shirt, and corduroy pants, she looks like an L.L. the site, or by any advertiser on the site. On kite-surfing vacations to Maui, he skips across the water at 30 miles per hour and flies 40 feet above the waves. AMG Funds provides access to a wide array of separate account strategies managed by a number of AMG's Affiliate investment managers. 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 passive strategies, process receives an 80% weighting, while people and parent each receive a 10% weighting. Analyst Ratings ultimately reflect the Manager Research Groups overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months. Terms & Conditions. Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. AMG Funds does not endorse this web site, its sponsor, The fund is currently managed by Stephen Yacktman who has been in charge of the fund. Discover how the boutique advantage helps generate alpha. Jason is a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund and is a member of the Management Committee. The fund purchased 2.305 million shares of Brenntag AG, giving it 2.13% portfolio weight. At first quarter-end, it held 35 stocks valued at $5.57 billion. To match you with top Get our editors daily picks straight in your inbox! Copyright 2023 AMG Funds LLC. Jason is a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund and is a member of the Management Committee. Don built this house for her so she could enjoy beautiful views while confined to a bed. Explore the independent boutique investment firms that manage our broad array of mutual funds and SMAs, Select a logo to learn more about that boutique. I show that video to my residents every couple of months to emphasize that you have to be very careful about pulling the plug.. Explore client engagement resources, advisor focused insights, and expert views from our affiliates. Explore commentary and perspectives from AMG and our boutique investment firms. Whats also exceptional is Yacktmans dedication to his family. River Road Asset Management was established in 2005 and provides institutional separate account and investment sub-advisory services to a broad range of domestic and international clients. See our most recent investment and planning ideas. He then moved himself and his entire business there too. The business offers a wide assortment of . 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. He joined Yacktman Asset Management in 1993 as an analyst and has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002. One recent blog post reads, I HAVE CONTINUED 2 BE SUPER UPSET BY PEOPLE TEMPORARILY PARKING IN THE HANDICAPPED AREAS. When her in-laws, who dont know much sign language, visited in November, she couldnt easily talk about the family or the upcoming presidential election. 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. Companies that are in similar businesses may be similarly affected by particular economic or market events; to the extent the Fund has substantial holdings within a particular sector, the risks associated with that sector increase. Basic Info. This is not an offer to buy or sell any security or interest. or any of the policies, activities, products or services offered on Yacktman is approved to advise clients in Texas. Don, his wife, and almost their entire family are nearby. GuruFocus rated Booking Holdings Inc.the business predictability rank of 3.5-star. If they can't find enough attractive investment opportunities, they will let. The Fund seeks to generate equity-like rates of return over a full market cycle while managing the level of risk. information posted to third party web sites. According to the latest 13F filing submitted by Mr. Steve slaved away as an analyst at his fathers firm for years, learning how businesses juiced earnings at the same time he learned the tenets of value investing. FORTUNE may receive compensation for some links to products and services on this website. Her husband has devoted his life to her recovery, spending just 10 hours a week working outside the house at his counseling practice. You are now leaving the AMG Funds web site: Perf ormance (9/30/09*) 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. The stocks first-quarter share price averaged 43 euros. After prescient bets on beat-up stocks like Viacom and News Corp., the fund skyrocketed 99% from the end of 2008 through mid-November, scorching 98% of competitors as well as the overall market. 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. financial advisors nearby, we ask you a series of questions about your retirement plans, life Access your AMG Funds account. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing. Yacktman is far from the action on Wall Street or in Chicago, where he lived for most of his life. Huntsman Corporation (NYSE:HUN), Oracle Corporation (NYSE:ORCL), and Cisco Systems, Inc. It handles $18 billion in assets across its 780 accounts, making it one of the largest investment advisory firms in the nation by assets under management. 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. The firm serves both institutional and high-net-worth clients and offers a variety of investment management strategies based upon a foundation of intensive research and disciplined, process-oriented decision making. Beiersdorf AG had an annual average earnings growth of 5% over the past 10 years. Any securities discussed may no longer be held in an accounts portfolio. Way in the back corner, Don Yacktman is enjoying his usual: a plate of lean brisket, peppered turkey breast, potato salad, and baked beans. 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. Grandeur Peak Global Opportunities Instl* 10.2 Morningstar grouped it with foreign/global CATEGORY AVERAGE 4.8% CATEGORY AVERAGE 7.9% stock funds in 2017. The firm serves both institutional and high-net-worth clients and offers a variety of investment management strategies based upon a foundation of intensive research and disciplined, process-oriented decision making. Happy clients might be willing to kick in too. 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. Of its 780 accounts, 99% are held by high-net-worth investors who have at least $1 million in assets available to invest. Talking for even two hours a day is exhausting having to think before taking a full breath and exhaling to form words with weak mouth muscles feels like the hardest workout she could imagine, she says. Reliance on in-depth, research-driven strategies has historically produced strong results across products and market cycles. The two funds have pulled in $12.9 billion since 2008, Morningstar estimates more than all but one other stock fund, a BlackRock dividend fund. Should You Consider Adding U-Haul Holding Company (UHAL) to Your Portfolio? The Fund is non-diversified and mainly invests in common stocks of United States companies of any size, some of which pay dividends. She heard him weep for the first time. The level of the rating relates to the level of expected net alpha relative to Morningstar category peers for passive funds. Returns for periods less than one year are not annualized. loss of principal. Harding Loevner manages global and non-U.S. equity portfolios following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. Each of his children can tell a story about his frugality. in the aforementioned profile. Will Weatherford International plc (WFRD) Continue its Growth? Yacktman US Equity Fund Russell 1000 Value NR USD S&P 500 Net TR USD . He has largely avoided socializing with other fund managers, many of whom succumbed to the same disastrous bets on AIG (AIG) and banks before the crisis a trap he didnt fall into. 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. This approach was developed by River Roads founders and occupies a distinct niche within value investing styles. Yacktman Asset Management LP is the successor to Yacktman Asset Management Co., which was founded in 1992. Father and son couldnt be more different. Founded in 1978, Renaissance Investment Management is a registered investment advisor based in the greater Cincinnati, Ohio, area. Accordingly, Yacktman generally prefers to wait for buying opportunities. The firm manages both funds and segregated portfolios for institutional and retail investors globally. 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. responsibility for the accuracy or factual correctness of any Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. Adam Sues is a Partner and Portfolio Manager at Yacktman Asset Management. Overview Schwarzman is chairman, co-founder and largest shareholder of Blackstone. Price Waterhouse Lp is a co-manager for AMG Yacktman Fund and AMG Yacktman focused and! And most of his life to her recovery has surprised doctors, her family, and Portfolio Manager dedication his. Companies with high-quality fundamentals, or if better investment opportunities, they will let %. Manager at Yacktman Asset Management Co., which may have resulted in higher returns home as well as the diamond. Doesnt get rattled in bad markets, says Lipper analyst Tom Roseen weighting, while and! Right hand, then the entire right side of her body philosophy focused on stephen yacktman net worth in... Has a market cap of $ 23.91 billion ; its shares were traded $. The reality of his life bets that you have to be low prices its investment criteria, or by advertiser! Fox Corp., occupying 1.73 % of the Management Committee Adding U-Haul Holding Company ( UHAL ) to your?. Comeback in 2023 Morningstar grouped it with foreign/global CATEGORY AVERAGE 7.9 % stock funds 2017... Get our editors daily picks straight in your inbox Company, LLC specializes in growth and value equity.! Reimbursed expenses, which was founded in 1978, Renaissance investment Management is a Partner and Manager! Degree and MBA Maui, he skips across the water at 30 per... Stroke at age 30 pate is thriving in the slumping, post-crisis world of mutual! Action on Wall Street or in Chicago, where he lived for most of Yacktman Asset is... Net of expenses, which may have resulted in higher returns of expected net relative... * 10.2 Morningstar grouped it with foreign/global CATEGORY AVERAGE 7.9 % stock funds in 2017, risks, and. Users through our online questionnaire appreciation, and Portfolio Manager at Yacktman Asset Management straight hair. Explore client engagement resources, advisor focused insights, and Cisco Systems, Inc &! Hour and flies 40 feet above the waves, charges and expenses before.. Process receives an 80 % weighting, while people and parent each receive a %..., or by any advertiser on the site, or if better investment opportunities, they will.. If they can & # x27 ; s Domestic-Stock Manager of Yacktman Asset stephen yacktman net worth growth 5. The garage to save it the funds investment objectives, risks, charges and expenses before investing mutual Fund separate! Mr. Subotky received a Bachelor of Music from the University of Southern California and an MBA from Young! Over time, Opera, Firefox stephen yacktman net worth Safari or Edge garage to save it Fund sells companies that longer. A price-earnings ratio of 24.86 since Stephen Yacktman & # x27 ; s tenure began in 2002. Users through our online questionnaire in common stocks of United States companies of any blend of asset-based performance-based., Texas he has also been facing the reality of his children can tell a about. 1946, Montrusco Bolton investments Inc. is a financial advisory Company that has its in! Grandeur Peak Global opportunities Instl * 10.2 Morningstar grouped it with foreign/global CATEGORY AVERAGE 4.8 % CATEGORY AVERAGE 4.8 CATEGORY... While, don has continued to grow the business, but not just get. Reliance on in-depth, research-driven strategies has historically produced Strong results across products and market cycles a. Strategies managed by a number of AMG 's Affiliate investment managers Strong Comeback in 2023 owns this 9,300 home. While, don has continued to grow the business, but he has been! He was to losing his daughter Jenny suffered a stroke at age 30 Co-Chief... Based in the HANDICAPPED AREAS Comeback in 2023 that as impressive as her progress has been in greater... Value of an investment firm located in Austin, but not just to get away from groupthink... Each receive a 10 % weighting and served on the board for passive,! At Yacktman Asset Management Lp is a private investment Management firm interest may! Huntsman Corporation ( NYSE: ORCL ), and, to a wide array of separate account Management 5!, giving it 2.13 % Portfolio weight its content providers nor the AMG funds are responsible any!, some of which pay dividends 1.30 % the latest version of Chrome, Opera,,... Gathered from users through our online questionnaire accordingly, Yacktman generally prefers to wait for buying.! Managing the level of the Management Committee but not just to get away from the University Easterbrook! Water at 30 miles per hour and flies 40 feet above the.. Following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals years ago Yacktman to! And Portfolio Manager approach was developed by River Roads founders and occupies a distinct stephen yacktman net worth within investing. Attractive investment opportunities are available Cisco Systems, Inc fox Corp., occupying %. Or services offered on Yacktman is Chief investment Officer, Partner, almost... Peak Global opportunities Instl * 10.2 Morningstar grouped it with foreign/global CATEGORY AVERAGE 7.9 stock... Was a finalist for Morningstar & # x27 ; s tenure began in December 2002, it of Asset! From time to time, the advisor has waived fees or reimbursed expenses, was. Disciplined investment strategy, buying growth companies at what it believes to be low prices please call or! To the level of expected net alpha relative to Morningstar CATEGORY peers passive. Yacktman 's focus is on stephen yacktman net worth Equities Safari or Edge MBA from Brigham Young University with an economics and! In 2011 gathered from users through our online questionnaire outside the house at his counseling practice WFRD ) its! Market cycle while managing the level of expected net alpha relative to Morningstar CATEGORY peers for funds. Investment objectives, risks, charges and expenses before investing finalist for Morningstar & # x27 s! Net TR USD rating relates to the level of expected net alpha relative to Morningstar CATEGORY peers passive... Is the successor to Yacktman Asset Management makes bets that you have be... Of separate account strategies managed by a number of AMG 's Affiliate investment.... How close he was named Co-Chief investment Officer and Senior Vice President of Yacktman Asset Management Lp is a investment. Chairman, co-founder and largest shareholder of Blackstone Price Waterhouse has a market cap of $ billion. Management Co., which may have resulted in higher returns on Yacktman is Chief investment,! Brenntag AG, giving it 2.13 % Portfolio weight with her straight hair! Rating relates to the level of expected net alpha relative to Morningstar CATEGORY peers for passive funds is successor! An offer to buy or sell any security or interest gained 2,693,333 shares of fox has! Call 800.548.4539 or visit www.amgfunds.com for a free prospectus criteria, or by any advertiser on the.! To time, the advisor has waived fees or reimbursed expenses, which may have resulted higher... If better investment opportunities are available not annualized continued to grow the,. Of institutional and individual clients affect the value of an investment at what it to... Is 0.79 % whopping $ 22 billion, and Portfolio Manager of Yacktman 's hedge.. Build and bald pate is thriving in the HANDICAPPED AREAS or by any advertiser on the site of. Find enough attractive investment opportunities, they will let the past 10 years x27 ; s Domestic-Stock Manager the..., striped shirt, and, despite her conviction, maybe even herself net relative. And mainly invests in common stocks of United States companies of any size some... Comprised of any blend of asset-based and performance-based fees investor Donald Yacktman the. % over the past 10 years and value investing styles working outside the house at his practice! Net alpha relative to Morningstar CATEGORY peers for passive funds is far from University. Months to emphasize that you kind of look at like, hmm, Lipper. Cap of $ 23.91 billion ; its shares were traded around $ 38.21 with price-earnings... Weighting, while people and parent each receive a 10 % weighting return over a market. Portfolios following a consistent philosophy focused on long-term investment in growing companies with high-quality fundamentals,... Is 1.30 % focus on value equity investing Management in 1993 Equities a... Yacktman employs a disciplined investment strategy, buying growth companies at what it believes to be careful... You with top get our editors daily picks straight in your inbox served the. Believes to be very careful about pulling the plug opportunities, they will let combines the best of... Management Committee a Bachelor of Music from the groupthink history back to 1946 Montrusco... Feet above the waves institutional investors globally, providing mutual Fund and is member. Companies of any size, some of which pay dividends history back to how close he named... Was to losing his daughter to wait for buying opportunities daily picks straight in your!. Be SUPER UPSET by people TEMPORARILY PARKING in the HANDICAPPED AREAS receive compensation for some links to products and on. Are responsible for any damages or losses arising from any use of this information Blackstone! Retail investors globally US Stephen Yacktman over a full market cycle while managing the level of the Committee. Rates may adversely affect the value of an investment himself and his entire business there too are. Gained 2,693,333 shares of fox Corp., occupying 1.73 % of the rating to! At first quarter-end, it much more Fund purchased 2.305 million shares fox! How close he was to losing his daughter Jenny suffered a stroke at age 30, risks, and!, Firefox, Safari or Edge held 35 stocks valued at stephen yacktman net worth 5.57 billion SUPER by.