YACKTMAN ASSET MANAGEMENT LP — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, YACKTMAN ASSET MANAGEMENT LP initiated 5 new positions, increased allocation to 10 existing positions, trimmed 10 positions, and exited 1 position entirely. The fund's 13F equity book grew from $7.14B to $7.50B (+5.0% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $7.14BPrior quarter
- $7.50BCurrent quarter
- + $0.36BNet delta
- +5.0%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| PAYPAL HLDGS INC | PYPL | 1.38% | Holders → |
| FACTSET RESH SYS INC | FDS | 0.65% | Holders → |
| AVANTOR INC | AVTR | 0.50% | Holders → |
| BELLRING BRANDS, INC. | BRBR | 0.32% | Holders → |
| INTUIT | INTU | 0.04% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| LEGACY HOUSING CORPORATION | LEGH | +0.14% | +301.69% | Holders → |
| FAIR ISAAC CORP | FICO | +0.02% | +124.38% | Holders → |
| EMBECTA CORPORATION | EMBC | +0.06% | +62.26% | Holders → |
| STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | BIL | +0.04% | +26.34% | Holders → |
| AMERICA'S CAR-MART, INC. | CRMT | +-0.02% | +25.81% | Holders → |
| TELEDYNE TECHNOLOGIES INCORPORATED | TDY | +0.01% | +19.05% | Holders → |
| COPART, INC. | CPRT | +-0.01% | +10.06% | Holders → |
| GRAFTECH INTERNATIONAL LTD. | EAF | +-0.12% | +6.90% | Holders → |
| DEVON ENERGY CORPORATION | DVN | +0.09% | +6.14% | Holders → |
| MASCO CORPORATION | MAS | +-0.01% | +4.65% | Holders → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| STATE STREET SPDR S&P 500 ETF | SPY | -0.27% | -88.26% | Holders → |
| VERIZON COMMUNICATIONS INC. | VZ | -0.01% | -50.00% | Holders → |
| CISCO SYS INC | CSCO | -0.15% | -38.18% | Holders → |
| GOLD.COM, INC. | GOLD | -0.00% | -28.57% | Holders → |
| ISHARES TRUST | EWY | 0.05% | -14.33% | Holders → |
| CANADIAN NATURAL RESOURCES LIMITED | CNQ | 1.85% | -11.90% | History → |
| AMPLIFY ENERGY CORP. | AMPY | 0.00% | -8.70% | Holders → |
| PHILIP MORRIS INTL INC | PM | -0.00% | -6.35% | Holders → |
| VERISK ANALYTICS INC | VRSK | -0.01% | -4.43% | Holders → |
| BANK NEW YORK MELLON CORP | BK | -0.03% | -2.20% | Holders → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| WARNER BROS DISCOVERY INC | WBD | 0.72% |
Methodology & FAQ
How YACKTMAN ASSET MANAGEMENT LP Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for YACKTMAN ASSET MANAGEMENT LP against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did YACKTMAN ASSET MANAGEMENT LP initiate in Q1 2026?
YACKTMAN ASSET MANAGEMENT LP established 5 new positions in Q1 2026: PAYPAL HLDGS INC (PYPL, 1.38%), FACTSET RESH SYS INC (FDS, 0.65%), AVANTOR INC (AVTR, 0.50%), BELLRING BRANDS, INC. (BRBR, 0.32%), INTUIT (INTU, 0.04%).
Which existing positions saw the largest allocation increases for YACKTMAN ASSET MANAGEMENT LP in Q1 2026?
The largest portfolio-weight increases in existing positions were: LEGACY HOUSING CORPORATION (LEGH, +0.14% weight, +301.69% shares), FAIR ISAAC CORP (FICO, +0.02% weight, +124.38% shares), EMBECTA CORPORATION (EMBC, +0.06% weight, +62.26% shares), STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF (BIL, +0.04% weight, +26.34% shares), AMERICA'S CAR-MART, INC. (CRMT, +-0.02% weight, +25.81% shares), TELEDYNE TECHNOLOGIES INCORPORATED (TDY, +0.01% weight, +19.05% shares), COPART, INC. (CPRT, +-0.01% weight, +10.06% shares), GRAFTECH INTERNATIONAL LTD. (EAF, +-0.12% weight, +6.90% shares), DEVON ENERGY CORPORATION (DVN, +0.09% weight, +6.14% shares), MASCO CORPORATION (MAS, +-0.01% weight, +4.65% shares).
Which positions did YACKTMAN ASSET MANAGEMENT LP fully exit in Q1 2026?
YACKTMAN ASSET MANAGEMENT LP fully exited 1 position in Q1 2026: WARNER BROS DISCOVERY INC (WBD, last-reported weight 0.72%).
Which existing positions saw the largest allocation reductions for YACKTMAN ASSET MANAGEMENT LP in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: STATE STREET SPDR S&P 500 ETF (SPY, -0.27% weight, -88.26% shares), VERIZON COMMUNICATIONS INC. (VZ, -0.01% weight, -50.00% shares), CISCO SYS INC (CSCO, -0.15% weight, -38.18% shares), GOLD.COM, INC. (GOLD, -0.00% weight, -28.57% shares), ISHARES TRUST (EWY, 0.05% weight, -14.33% shares), CANADIAN NATURAL RESOURCES LIMITED (CNQ, 1.85% weight, -11.90% shares), AMPLIFY ENERGY CORP. (AMPY, 0.00% weight, -8.70% shares), PHILIP MORRIS INTL INC (PM, -0.00% weight, -6.35% shares), VERISK ANALYTICS INC (VRSK, -0.01% weight, -4.43% shares), BANK NEW YORK MELLON CORP (BK, -0.03% weight, -2.20% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.