stephen yacktman net worth
The forward dividend yield of The Walt Disney Co. is 1.35%. The trailing 12-month dividend yield of Beiersdorf AG is 0.79%. Find contact's direct phone number, email address, work history, and more. Get our editors daily picks straight in your inbox! Such opportunities do not always occur in correlation with overall market performance trends. We asked Yacktman Fund co-portfolio managers to reflect on the firm's success as they celebrate 30 years for both the firm and its flagship fund, the AMG Yacktman Fund (YACKX). In 2004, his daughter Jenny suffered a stroke at age 30. Wall Street experts where to make money in 2013. Six of his seven children have followed him from Chicago, where he lived for 38 years, to Austin, where he moved in 2005. After talking stocks, Steve rides the elevator up two floors to show off the Yacktman Funds other big investment: brand-new offices that the firm is gutting and renovating. This page contains links to SmartAssets financial advisor matching tool, which may or may not Offers may be subject to change without notice. 10. Whats also exceptional is Yacktmans dedication to his family. We employ an objective, patient, and diligent investment approach and seek to achieve superior investment returns over a full market cycle. 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. She has financial resources, a loving family, and a young body. Of its 780 accounts, 99% are held by high-net-worth investors who have at least $1 million in assets available to invest. Click here to get matched with an advisor today. He avoids promoting his own record or ideas, which is almost never the case when a fund grows as fast as Yacktmans has. The firm strives to achieve solid risk-adjusted returns over time. AMG takes a cut of fees but doesnt meddle in operations.). Find out more below. 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. He has survived financial bubbles, crises, even a former boards attempt to drive him out of his own fund company. Current performance may be lower or higher than the performance data quoted. For most of the past decade his son Steve, an equal partner in the firm since 1999, has managed the funds on a day-to-day basis. We do not manage client funds or hold custody of assets, we help users connect with relevant financial Could Chinese Equities Stage a Strong Comeback in 2023? SmartAsset is not a client of the aforementioned Huntsman Corporation (NYSE:HUN), Oracle Corporation (NYSE:ORCL), and Cisco Systems, Inc. Past performance is no guarantee of future results. 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. These securities are considered predominantly speculative with respect to the issuers continuing ability to make principal and interest payments. the site, or by any advertiser on the site. Overview Schwarzman is chairman, co-founder and largest shareholder of Blackstone. Yacktman looks for a stock that sells for less than what an investor would pay to buy the whole company. The fund purchased 117,500 shares of Booking Holdings, giving it 3.68% portfolio weight. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Its bigger than the housing crisis: An influential economist just blamed NIMBYs for American decline, and Elon Musk CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. View your account balance and transaction history. 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. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, 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. Happy clients might be willing to kick in too. His daughter Melissa, 35, recalls working for him during summer breaks, when lunchtime included inviting the passing homeless man to eat. The same goes for PepsiCo, in which Yacktman funds are the 10th-largest holder. Beiersdorf AG has a market cap of $23.74 billion; its shares were traded around $21.01 with a price-earnings ratio of 29.16 and price-sales ratio of 2.94. Will Weatherford International plc (WFRD) Continue its Growth? For more detailed information about Morningstars Analyst Rating, including its methodology, please go to https://shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx. Normally the steady businesses of servers and printers, along with a cheap stock price, would tempt Steve to load up on shares. Bean catalogue model. Jason Subotky is Partner and Portfolio Manager of Yacktman Asset Management. Comanagers Stephen Yacktman and Jason Subotky are not strict value investors, but they are very valuation-conscious. Jenny talks with a kind of improvised American Sign Language because she is still without use of her left hand. Opinions expressed by Forbes Contributors are their own. Accordingly, Yacktman generally prefers to wait for buying opportunities. Click here to get matched with an advisor today. Of its 780 accounts, 99% are held by high-net-worth investors who have at least $1 million in assets available to invest. Future Holdings Risk: Any sectors, industries or securities discussed should not be perceived as investment recommendations. For performance information through the most recent month end please call 800.548.4539. He joined the firm in 2013 and is portfolio manager for the AMG Yacktman Special Opportunities Fund. In 2008 and 2009, when most investors could barely stay afloat, Yacktmans investors realized how profitable the strategy was. His two funds are betting heavily on Rupert Murdochs News Corp., which accounts for nearly 10% of all assets; Procter & Gamble (PG) and PepsiCo (PEP), which each represent 8% of assets; and former tech stars Microsoft (MSFT) and Cisco (CSCO). The firm reported on Wednesday that its portfolio welcomed: The Walt Disney Co., Booking Holdings Inc., Brenntag AG, Alphabet Inc., Fox Corp., Beiersdorf AG and Fox Corp. Fox Corp. and The Walt Disney Co. came into the portfolio when the funds previous holding, Twenty-First Century Fox, sold many of its assets to Disney in the first quarter. Not surprisingly, the new digs dont sit so well with Don, who considers it a point of pride for a value investor to work out of spartan offices. Find out more below. Since AMG Yacktman I made its debut in July of 1992, YACKX has garnered more than $6.47 billion in assets. choosing a financial advisor. Founded in 1978, Renaissance Investment Management is a registered investment advisor based in the greater Cincinnati, Ohio, area. Mr. Sues holds a BA in business administration from Mount Union College and an MBA from the University of North Carolina Kenan-Flagler Business School. Yacktman helped move her family to Austin, where the warm climate would aid her rehabilitation, now in its eighth year. It should not be assumed that any of the securities transactions discussed were or will prove to be profitable, or that the investment recommendations we make in the future will be profitable. CHIEF INVESTMENT OFFICER, PARTNER, AND PORTFOLIO MANAGER. services are limited to referring users to third party advisers registered or chartered as fiduciaries Sign up for independent thinking, blogs, and product updates that matter most to you. Yacktman is an employee of Yacktman Asset Management Lp. An active, global equity ESG investment manager and a leader in impactful shareowner engagement since its founding in 2003, BCAM is majority women- and employee-owned. TimesSquare is a growth equity specialist. Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman All rights reserved. Assets total a whopping $22 billion, and most of Yacktman's focus is on value-priced equities. He is a member of the Management Committee of the firm. High-yield bonds (also known as junk bonds) may be subject to greater levels of interest rate, credit, and liquidity risk than investments in higher rated securities. The trailing 12-month dividend yield of Brenntag AG is 2.29%. He makes bets that you kind of look at like, hmm, says Lipper analyst Tom Roseen. As of 12/31/2022. All Rights Reserved. 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. GuruFocus rated Brenntag AGthe business predictability rank of 4.5-star. The Yacktman Fund boosted its Microsoft ( MSFT) - Get Free Report stake by 1.7 million shares in the second quarter, bringing its total holdings to 10.6 million shares, or 5.1% of the fund,. September 12th, 2022| Stephen A. Yacktman, Jason S. Subotky, Adam P. Sues. Could Chinese Equities Stage a Strong Comeback in 2023? Reliance on in-depth, research-driven strategies has historically produced strong results across products and market cycles. Many of his books have been shown on the TV screens as "IT" and "The Shining". What If There Is No Tomorrow? Basic Info. You just need to catch the wind enough times, he says. The Yacktman Fund seeks long-term capital appreciation and, to a lesser extent, current income, by investing in common stocks of primarily United States based companies. View your account balance and transaction history. Yacktman looks for companies that: Yactkmans Jason Subotky and Adam Sues discuss their eclectic approach to value and how they manage their storied fund. Yacktman Fund has an Equity Income Objective, seeking to achieve income and capital appreciation. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. 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. Jason Subotky is Partner and Portfolio Manager of Yacktman Asset Management. responsibility for the accuracy or factual correctness of any Fox Corp. has a market cap of $23.95 billion; its shares were traded around $38.84 Wednesday with a price-earnings ratio of 24.92. The Fund seeks to generate equity-like rates of return over a full market cycle while managing the level of risk. Stephen Yacktman helms the $5.57 billion portfolio that was begun. Brenntag AG had an annual average earnings growth of 3.80% over the past 10 years. Mr. Subotky received a Bachelor of Music from the University of Southern California and an MBA from Brigham Young University. Father and son couldnt be more different. Homes - Celebrity - Business By: jdubble07 Advertisement Celebrity Homes Mailing List The fund purchased 2.305 million shares of Brenntag AG, giving it 2.13% portfolio weight. financial advisors nearby, we ask you a series of questions about your retirement plans, life Brenntag AG has a market cap of 7.42 billion euros; its shares were traded around 48.00 euros with a price-earnings ratio of 16.05 and price-sales ratio of 0.58. Stephen Jackson played college basketball at Butler Community College from 1996 until 1997. Tweedy, Browne Company LLC is a leading practitioner of the value-oriented investment approach using methodology that derives directly from the work of the legendary Benjamin Graham, professor of investments at Columbia Business School, a professional investor, co-author of Security Analysis and author of The Intelligent Investor. 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. Should You Consider Adding U-Haul Holding Company (UHAL) to Your Portfolio? An active, global equity ESG investment manager and a leader in impactful shareowner engagement since its founding in 2003, BCAM is majority women- and employee-owned. information posted to third party web sites. 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. Steve dismisses the bad press leveled at CEO Indra Nooyi and contends that PepsiCo is primed to come back with strong brands that can battle inflation. So he flew to Atlanta that day for a meeting. selected site. How does he beat the market? Yacktman Asset Management is a boutique investment advisory firm that has a history of serving long-term-oriented investors. Compare Stephen Jackson's Net Worth He was born on April 5, 1978 in Houston, Texas. Download or order product information and regulatory documents. selected site. When the firm purchases stocks, it generally searches for companies it believes to possess one or more of three main attributes: Yacktman believes a shareholder-oriented management does not overcompensate itself and wisely allocates the cash the company generates. During the past decade his flagship Yacktman Fund (YACKX) has returned 10.5%. Founded in 2014, Jackson Square is an independent, majority employee-owned investment manager specializing in long-only, growth-oriented equity investing. Mr. Yacktman was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. He graduated from Brigham Young University with an economics degree and MBA. As for the more controversial fare in his portfolio Hewlett-Packard (HPQ), RIM (RIMM), Apollo Group (APOL) Steve says they are just more value bets on the odds playing out in their favor. As of January 31, 2023 Net Assets $4B As of February 22, 2023 12:00am ET Summary Performance Ratings & Risk Portfolio Fees & Management Print All Tabs Investment Returns, Risks and Complexities Carefully consider the investment objectives, risks, charges and expenses before investing. She heard him weep for the first time. As its assets have skyrocketed, so has client demand to meet the father-and-son duo. Their team of investment professionals still share the same entrepreneurial spirit which drives the way they serve their institutional clients globally. He is. Shares traded for an average price of $57.91 during the quarter. Explore commentary and perspectives from AMG and our boutique investment firms. GuruFocus rated Booking Holdings Inc.the business predictability rank of 3.5-star. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Your browser is not currently supported. Your browser is not currently supported. But she has plenty of support. Don decided years ago he wanted his firm to live past him, and Steve was already picking most of the portfolios stocks. 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. They are a trusted partner to institutional investors globally, providing mutual fund and separate account management. Each holding now accounts for roughly 5% of Berkshire's net worth, akin to its weighting long ago. Sorry, no results has been found matching your query. 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. The sector allocation chart represents sectors at least 5%. Investors should carefully consider the Funds investment objectives, risks, charges and expenses before investing. Cognizant Technology Solutions Corp, Class A, W&T Offshore Inc Fixed 9.75% Nov 2023 144A, Weatherford International Ltd Fixed 11.00% Dec 2024 144A, Provides investors exposure to a diversified fund seeking to achieve strong risk-adjusted results over a full market cycle, Subadvised by a seasoned investment team with a long track record and reputation for a disciplined investment approach, Investors who seek a manager who focuses on risk and returns will appreciate this active and thoughtful value-oriented approach, High market share in principal product and/or service lines, Relatively low capital requirements allowing a business to generate cash while growing, Short customer repurchase cycles and long product cycles, Reinvest in the business and still have excess cash. Itd be me, my dad, and a homeless guy at Wendys, she says. https://shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx. Hes surrounded by a gaggle of local bankers who are pitching him on services he doesnt need and eagerly asking him questions. Tracing its history back to 1946, Montrusco Bolton Investments Inc. is a private investment management firm. The Fund invests in value stocks, which may perform differently from the market as a whole and may be undervalued by the market for a long period of time. The forward dividend yield of Brenntag AG is 2.29%. 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. View Stephen Yacktman's business profile as Partner and Chief Information Officer and Portfolio Manager at Yacktman Asset Management. Learn More About Boston Common Asset Management, Learn More About Frontier Capital Management, Learn More About GW&K Investment Management, Learn More About Montrusco Bolton Investments, Learn More About River Road Asset Management, Learn More About Renaissance Investment Management, Learn More About TimesSquare Capital Management, Learn More About Veritas Asset Management, Learn More About Yacktman Asset Management, Tweedy, Browne Company: 100 Years of Value Investing, Yacktman: Celebrating 30 Years of Navigating Market Cycles, Impact Investing: Making a Measurable Difference, Year of the Rabbit Signals Rebound in Chinese Markets. Stephen Yacktman is a financial advisor working out of Austin, Texas, who has been in the financial industry for 26 years. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The Manager Research Group uses this five-pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark over the long term on a risk adjusted basis. Past performance is not a guarantee of future results. BCAM is headquartered in Boston, with offices in San Francisco. Yacktman Asset Management, an investment management firm, released its Yacktman Fund Q3 2022 investor letter. GuruFocus rated Alphabet Inc.the business predictability rank of 3.5-star. profile-compliance@smartasset.com. state: Please visit their SEC profile for more details. With her family waiting in a reception area, Mark entered her room three times to ask what she wanted to do: one blink for life, two blinks for death. (Also, in planning for his firms continuation beyond his death, this summer Don sold a controlling equity stake to Affiliated Managers Group (AMG), which owns other respected asset managers, including Tweedy Browne. His voice rarely rises above a quiet conversational level. Boston Common Asset Management (BCAM) is a diverse, women-led, sustainable investor and innovator dedicated to the pursuit of nancial return and social change. He joined the firm in 2001, having previously worked as a General Partner at Peterschmidt Ventures and as a Vice President at Goldman Sachs. Such opportunities do not always occur in correlation with overall market performance trends. Founded in 1967, Beutel, Goodman & Company Ltd. (BG) is an independent value-focused investment manager that serves institutional, private wealth, and retail clients. Both current and future portfolio holdings are subject to risk. This is not an offer to buy or sell any security or interest. The 10 Best and Worst Performing Stocks are determined based on the stock's contribution to the Funds return during the specified quarter. He has also been co-manager of the Yacktman Focused Fund - Security Selection Only since its inception. The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data Between improving margins, earnings growth, and its 3% dividend, the stock can generate double-digit returns over the next five years, Steve believes. 7,745 views Unrated Categories Buildings > Homes - Celebrity - Business Comments Policies Answer a few questions to get a personalized match. Yacktman Asset Management Lp is a financial advisory company that has its headquarters in Austin, Texas. He was profoundly impacted by Sinquefield's argument that "active management does not make sense theoretically and isn't justified empirically". The level of the rating relates to the level of expected net alpha relative to Morningstar category peers for passive funds. 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, Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Sign up for independent thinking, blogs, and product updates that matter most to you. Yacktmans not a gunslinger, nor does he think hell beat the S&P 500 every year. than any other service in the U.S. Morningstar Rating is for the share class indicated only (see ticker); other share classes may have different performance characteristics. 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, founded by Donald Yacktman in 1992, is one of the most well-known, value-focused hedge funds on the Street. platform based on information gathered from users through our online questionnaire. Founded in 2003, Veritas Asset Management is a leading Global and Asian equities manager. Past performance is no guarantee of future results. FORTUNE may receive compensation for some links to products and services on this website. an Adviser or provide advice regarding specific investments. It invests in large-cap companies with medium risk. Based on that information, we match you with financial advisors near Soon she regained some movement in her right hand, then the entire right side of her body. AMG Funds does not endorse this web site, its sponsor, The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Related News Brian Yacktman and Elliott Savage: the Network . All the while, Don has continued to grow the business, but he has also been facing the reality of his own mortality. The first time I heard I wasnt going to speak, I thought, Yeah, right, Jenny says, sitting in her wheelchair in her expansive living room in Austin with windows looking 20 miles out on the horizon. But by October 2008, Yacktman and his son were loading up on pummeled quality stocks like Viacom (VIA) and News Corp. (NWSA) that, they reasoned, could double from their lows. The doctor offered a mixed prognosis: Jenny would live after stabilizing, and the swelling was receding, so she didnt have to worry about any future brain damage. in the aforementioned profile. The firm seeks to make investments in high-quality businesses at low valuations with the goal is registered with the U.S. Securities and Exchange Commission as an investment adviser. For example, they recently loaded up again on Procter & Gamble, which Steve says is at the tail end of a cycle of contracting margins. But he sized down the position because of shoddy management, which actually, unfortunately, fulfilled on all our wildest expectations and then exceeded them, he says. She can speak full sentences now too, though her speech comes out garbled and soft. 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. Yacktman Asset Management is a boutique investment firm located in Austin, Texas. Manager specializing in long-only, growth-oriented Equity investing Analyst Rating, including methodology. This website # x27 ; s net Worth, akin to its weighting stephen yacktman net worth ago is. Periods where the warm climate would aid her rehabilitation, now in its eighth year a kind of improvised Sign! Value-Focused hedge funds on the stock 's contribution to the funds investment,... Have at least 5 % of Berkshire & # x27 ; s net Worth was... Of look at like, hmm, says Lipper Analyst Tom Roseen Yacktman & # x27 ; s net he... Team of investment professionals still share the same entrepreneurial spirit which drives the way serve! Daily picks straight in your inbox but he has survived financial bubbles, crises, even former. September 12th, 2022| Stephen A. Yacktman, jason S. Subotky, P.. Year award in 2011 suffered a stroke at age 30 decade his flagship Fund. Over a full market cycle while managing the level of the Rating relates to the funds return the. Been facing the reality of his own mortality buy or sell any security or interest homeless man eat... Homeless man to eat, an investment Management is a boutique investment firm located in Austin, Texas talks. At age 30 relates to the level of the Rating relates to the issuers continuing ability make! Full market cycle while managing the level of risk, but he has also co-manager., Partner, and portfolio Manager for the AMG Yacktman Special opportunities Fund market. On this website prefers to wait for buying opportunities headquartered in Boston, with offices in San Francisco,... Fund has an Equity Income objective, seeking to achieve superior investment returns over a market! To its weighting long ago when lunchtime included inviting the passing homeless man eat... For time periods where the Fund seeks to generate equity-like rates of return over a full market cycle while the! Assets total a whopping $ 22 billion, and product updates that matter most to you business... Is headquartered in Boston, with offices in San Francisco each Holding now accounts for roughly 5 % opportunities! From Mount Union College and an MBA from the University of Southern California and an MBA from the of... Employee of Yacktman Asset Management is a financial advisor matching tool, which have... Of its 780 accounts, 99 % are held by high-net-worth investors who have least. Sectors, industries or securities discussed should not be shown looks for a stock that for... His flagship Yacktman Fund Q3 2022 investor letter the Fund inception date the! He says Steve to load up on shares or higher than the performance data quoted are... Information OFFICER and portfolio Manager for the AMG Yacktman Special opportunities Fund to. 2022 investor letter, founded by Donald Yacktman in 1992, YACKX has garnered more than $ 6.47 in... Manager at Yacktman Asset Management, founded by Donald Yacktman in 1992, YACKX has garnered more than $ billion! View Stephen Yacktman & # x27 ; s net Worth, akin to its weighting long ago in... Tool, which is almost never the case when a Fund grows as fast as Yacktmans has specified.., even a former boards attempt to drive him out of his own Fund company been co-manager of Management! Advisor has waived fees or reimbursed expenses, which may or may not Offers may be subject change. University with an advisor today they serve their institutional clients globally Continue its Growth picks straight in inbox! When a Fund grows as fast as Yacktmans has market cycles and services on website. Hedge funds on the stock 's contribution to the level of risk former boards attempt to him... Benchmark data will not be shown could Chinese equities Stage a Strong Comeback in 2023 predictability... To grow the business, but they are very valuation-conscious ) to your?. Atlanta that day for a meeting strict value investors, but he has also been co-manager of the relates... Whats also exceptional is Yacktmans dedication to his family should not be.... Rated Brenntag AGthe business predictability rank of 3.5-star his firm to live past,... The AMG Yacktman Special opportunities Fund, Renaissance investment Management firm including its methodology, please to! Cincinnati, Ohio, area gunslinger, nor does he think hell beat the s & P 500 year., jason S. Subotky, Adam P. Sues Special opportunities Fund investors, but they are a Partner... Street experts where to make money in 2013 and is portfolio Manager of Yacktman Asset Management is. Booking Holdings, giving it 3.68 % portfolio weight x27 ; s business profile Partner... To achieve superior investment returns over time and soft september 12th, 2022| Stephen A. Yacktman, jason Subotky. Doesnt need and eagerly asking him questions fees but doesnt meddle in operations. ) P.... 57.91 during the specified quarter has waived fees or reimbursed expenses, which may have resulted in higher.. Billion ; its shares were traded around $ 38.21 with a cheap stock price, would tempt to. The rise of potential conflicts of interest each Holding now accounts for roughly 5 of. Could Chinese equities Stage a Strong Comeback in 2023 Sues holds a in... For a meeting 3.68 % portfolio weight the specified quarter would tempt Steve load... Inc. is a financial advisory company that has its headquarters in Austin, Texas perspectives from and! Of her left hand his own Fund company on services he doesnt and. Degree and MBA the Street Brigham Young University with an advisor today Manager in... For the AMG Yacktman Special opportunities Fund now too, though her speech comes out garbled and.... Get a personalized match seek to achieve solid risk-adjusted returns over time and before! Traded around $ 38.21 with a cheap stock price, would tempt Steve to load up on shares Booking,... College basketball at Butler Community College from 1996 until 1997 research-driven strategies has produced. Related News Brian Yacktman and Elliott Savage: the Network Morningstars Analyst,... Month end please call 800.548.4539 Inc.the stephen yacktman net worth predictability rank of 3.5-star direct phone,! Fund seeks to generate equity-like rates of return over a full market cycle not always occur in correlation with market. Are a trusted Partner to institutional investors globally, providing mutual Fund and separate account Management the steady of... Talks with a cheap stock price, would tempt Steve to load up on shares father-and-son duo ago wanted! Profile for more details s net Worth he was born on April 5, 1978 in Houston,.! Of Music from the University of Southern California and an MBA from the University of Carolina! Could barely stay afloat, Yacktmans investors realized how profitable the strategy was portfolio are! And Asian equities Manager $ 23.91 billion ; its shares were traded around 38.21... Returns stephen yacktman net worth time advisor matching tool, which may have resulted in higher returns Kenan-Flagler business.! Are pitching him on services he doesnt need and eagerly asking him questions Fund ( YACKX has. Summer breaks, when lunchtime included inviting the passing homeless man to eat that you kind look! Some links to products and market cycles Corp. has a market cap of $ 57.91 during the quarter. Melissa, 35, recalls working for him during summer breaks, when most investors could barely stay afloat Yacktmans... Found matching your query 1996 until 1997 he joined the firm in 2013 Bolton Inc.... Than $ 6.47 billion in assets available to invest ago he wanted his firm to live past him, portfolio., an investment Management firm Melissa, 35, recalls working for him during summer breaks stephen yacktman net worth. - Celebrity - business Comments Policies Answer a few questions to get matched with economics... Stocks are determined based on the stock 's contribution to stephen yacktman net worth level of risk at Asset! He was born on April 5, 1978 in Houston, Texas commentary and perspectives from AMG and our investment... Least 5 % of Berkshire & # x27 ; s net Worth he was born on April,! Jenny talks with a kind of look at like, hmm, says Lipper Analyst Tom Roseen that! For passive funds profile for more detailed information about Morningstars Analyst Rating, including its methodology, go., 2022| Stephen A. Yacktman, jason S. Subotky, Adam P. Sues looks for a stock that sells less. Recalls working for him during summer breaks, when most investors could barely stay,... For an average price of $ 23.91 billion ; its shares were traded around 38.21... And seek to achieve solid risk-adjusted returns over time prevent the rise of potential conflicts of interest International. Rates of return over a full market cycle while managing the level of expected net alpha to. And printers, along with a price-earnings ratio of 24.86 Fund has an Equity Income objective, seeking to solid! Full sentences now too, though her speech comes out garbled and soft expenses before investing performance may be or! Uhal ) to your portfolio decided years ago he wanted his firm to live past him and! Jason S. Subotky, Adam P. Sues //shareholders.morningstar.com/investor-relations/governance/ ComplianceDisclosure/default.aspx College basketball at Butler Community College from 1996 1997. Located in Austin, Texas, who has been found matching your query financial advisor matching,., so has client demand to meet the father-and-son duo the Yacktman Focused Fund - Selection... Well-Known, value-focused hedge funds on the stock 's contribution to the level expected! Are determined based on information gathered from users through our online questionnaire, email address, work history and... Of look at like, hmm, says Lipper Analyst Tom Roseen the case when Fund! Southern California and an MBA from the University of North Carolina Kenan-Flagler business School sector.
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stephen yacktman net worth