Thank you for your interest in Yacktman Asset Management. It provides opportunities for namings, sponsorships, advertising, planned giving, scholarships and other student-supporting assistance. "We are truly inspired by the generosity of this contribution, and the opportunities it will provide for Buffalo Grove High School. For more information, visit www.214foundation.org. Yacktmans senior management takes an active role overseeing risk management across the firm primarily via its Management Committee. The annual yield of 2.88% puts it closer to Pepsi than to Oracle or Sysco, and the payout is $1.48 per share. 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. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. 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. Praxis Names Comanagers to Allocation and Index Funds In mid-June, Delmar King and Benjamin Bailey were named comanagers of Praxis Genesis Balanced (MBAPX), Praxis Genesis Growth (MGAFX), and Praxis Genesis Conservative (MCONX). Township High School District 214 2121 South Goebbert Road, Arlington Heights, IL 60005 www.d214.org, Buffalo Grove graduate donates $1 million to establish Saulius Ploplys robotics lab, Elk Grove senior reflects on opportunities that helped shape her future, Eight District 214 educators shine as innovators, 25 years later, retired D214 superintendent continues to recognize students. Yacktman Asset Management is an Austin, Texas-based investment firm with a focus on value equity investing. Courtesy of Northwest Suburban High School District 214, Paddock Publications, Inc. is an Employee-Owned Company. Pepsi is Yacktmans third-largest holding, making up almost 11% of the portfolio, and with that background especially the dividend return the heavy investment makes more sense than a cursory glance would suggest. By jdubble07 @ 2015-07-02 08:24:15. Despite a reputation for avoiding bank stocks, Yacktman increased US Bancorp holdings by 5%. Stephen is a member of the Management Committee of the firm. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Stephen Yacktman, 49, started as an analyst at his father Donalds firm in the early 1990s and began co-managing the flagship fund with Donald in the early 2000s. As a result, the lab will be named for Ploplys and his legacy. Prior to joining the firm in 1998, he was a Senior Business Analyst at Electronic Data Systems Corp. Mr. Wilkins holds a B. School officials say the equipment used by industry professionals -- such as automated robotics cells -- is rare to see on the high school level and will give students an idea of what they might encounter on the manufacturing floor. August 1, 2019 During the. 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. 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. I am not receiving compensation for it. A look at Yacktman Assets top ten holdings shows a highly diverse portfolio, perhaps with a bent toward food staples. "My hope is that this new lab will help Buffalo Grove students develop workforce skills and provide training that leads them to careers of all kinds," Yacktman said, noting the demand for skilled workers in areas like manufacturing. The foundation's executive director, Erin Brooks, said Yacktman made the donation in honor of Saulius Ploplys, his former AP Physics teacher who was a major influence on him. A dedication ceremony is planned for the winter. The student and teacher still stay in touch, having taken a zero-gravity airplane flight together. Thomas Martin's House (Former) Paul Rogge's House. "This is an area that we know our students are interested in. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. The most recent in-depth review of Oracle stock comes from the financial blogger Valuentum, ranked #53 overall in the TipRanks blogger database. 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 common denominator in all of these stocks is the dividend factor. Mr. Carmody received a bachelors degree in Industrial and Labor Relations and a Master of Public Administration from Cornell University and an MBA from the MIT Sloan School of Management. Though his career is in finance, he says he maintains a passion for manufacturing, engineering, science and technology. "My hope is that this new lab will help Buffalo Grove students develop workforce skills and provide training that leads them to careers of all kinds," Yacktman said, noting the demand for skilled workers in areas like manufacturing. Advertisement. "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. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Yacktman is known for keeping away from bank stocks, but USB has been part of the portfolio since 2011. Austin, Texas (TX), US. The lab will be named for Ploplys and his legacy. Congrats! analyst rating, from Kevin Grundy at Jefferies, is a Hold. Grundy gives the stock a $105 price target, implying a downside of 9.41%. Copyright 2023 WLS-TV. He joined the firm in 2001, having previously worked at a family office and as a Vice President at Goldman Sachs. But that didnt come through, Brian recalls. @ 30.327069, -97.832923. Buffalo Grove High School alumnus Stephen Yacktman, right, made a $1 million donation to the school for a science lab that will be named for his former teacher, Saulius Ploplys. We know that Stephen's political affiliation is currently a registered Republican; ethnicity is Native American . He has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002 and AMG Yacktman Global Fund since inception. I wrote this article myself, and it expresses my own opinions. Stephen Yacktman is a Partner and Chief Information Officer and Portfolio Manager at Yacktman Asset Management based in Austin, Texas. He is co-portfolio manager of the AMG Yacktman Funds and chief investment officer of Yacktman Asset Management. Chief Investment Officer Stephen Yacktman leads our experienced investment team. Prior to that she worked for True North Advisors and First Command Financial Planning. Don was a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund until 2016. Like the other stocks in this list, USB pays out a steady dividend. The Citywire + rated manager runs the $846m Heptagon Yacktman US Equity fund alongside Jason Subotky. The well-known software company is Yacktmans #5 holding, and another that the hedge fund increased in Q4 last year. Mr. Carmody is Partner and Chief Operating Officer at Yacktman Asset Management. Despite its high status in Yacktmans portfolio, PEP shares are the weakest of the major holdings that the fund increased this past quarter. We make an investment with the intention of making money. The seventh-largest bank in the US is also the tenth-largest holding in the Yacktman portfolio. years. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. The link you have selected is located on another web site. Artisan Small Cap Closing to New Investors Silver-rated Artisan Small Cap(ARTSX) will close to most new investors on Aug. 2, 2013. 1 is protecting our client's money. Value investors Stephen Yacktman and Jason Subotky, co-managers of the AMG Yacktman Focused fund, hear echoes of 1998 these days. Previously, Stephen was a Manager at AMG and also held positions at Brigham Young University. Geoff Hangartner's House. Donald, 78, pioneered a contrarian, deep-value style of investing that focused on unloved corners of the market. Yacktman does not endorse this web site, its sponsor, or any of the policies, activities, products or services offered on the site, or by any advertiser on the site. He points to impending layoffs and softness in growth, and suggests a downside of 20% with a $54 price target. He joined Yacktman Asset Management in April 1993 from Brigham Young University, where he earned . The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. 2018 Township High School District 214. Dies geschieht in Ihren Datenschutzeinstellungen. PepsiCo's share of the total portfolio increased slightly. All Rights Reserved. "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. 2: Make an adequate return, a double-digit return, while holding on for five to 10 years. The Yacktman Cometh: An Exclusive Interview with Value Guru Stephen Yacktman, Chief Investment Officer and Portfolio Manager of Yacktman Asset Management The Yacktman Cometh: An Exclusive. Holding a core group of consumer products companies and older technology names such as Microsoft, Oracle and Cisco, Don's son Stephen and co-manager Jason Subotky have posted an annualized return of 11.43%. Don was named Morningstars Portfolio Manager of The Year in 1991. The YCG Enhanced Fund, which employs options strategies to reduce risk for its portfolio of around 30 stocks, has been doing that with finesse. Brian takes his firms early struggles in stride. The average price target is $57, and the current share price is $51, suggesting an upside to 11%. AMG Affiliates, including Yacktman, operate autonomously and independently of AMG and of each other. Factoring in assets in separate accounts, this small-cap strategy soaked up roughly $1.9 billion in assets as of June 2013. He was a member of the 1-800 CONTACTS board and served as chair of the audit and compensation committees. Stephen started his career as an analyst and commentator during his time in college. And now, just that fast, we can.". Matthew McConaughey's House. A Buffalo Grove High School alumnus 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. No. Fund analysts Robert Goldsborough and Flynn Murphy contributed to this report. 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. Adam holds a B. 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 . That's the reward I was mostly seeking.". 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. He earned a bachelors degree in Accountancy from Northern Arizona University. In 2006 he was named Co-Chief Investment Officer of Yacktman Asset Management. 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. The lab will be named for Ploplys and his legacy, according to the school. Overall, ORCL shares hold a Moderate Buy rating from the analyst consensus, based on 6 Buy and 10 Hold ratings. Homes - Celebrity - Business By: jdubble07 Advertisement Celebrity Homes Mailing List Don and Stephen had shared the CIO title during the past seven years. A 2,000-square-foot space inside Buffalo Grove High School will become a state-of-the-art robotics, manufacturing and biomedical healthcare innovation lab at the school, thanks to a generous donation from Class of 1988 alumnus Stephen Yacktman and his wife Ellyn. Copyright 2023 Morningstar, Inc. All rights reserved. ARLINGTON HEIGHTS, Ill. (WLS) -- A Buffalo Grove High School graduate is giving back to his alma mater in a big way! Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman Over the years, the $8 billion fund has undergone some changes, moving from its deep-value roots toward a more blended growth and value style mix. Ploplys said. 2 followers 2 connections. 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. A look at the dividend confirms this; SYY pays out $1.56 per share, for an annual yield of 2.31%. We rank financial experts based on measured performance and the accuracy of their predictions. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Steve Yacktman started working full-time at Yacktman Asset Management in 1993. Managed by Stephen Yacktman and Jason Subotky, the Austin, Texas-based fund seeks to achieve long-term capital appreciation and current income by combining elements of both growth and value. Yacktman, who grew up in Arlington Heights, went on to attend Brigham Young University, where he graduated with an economics degree and an MBA. Morningstar Fund Analysts does not own (actual or beneficial) shares in any of the securities mentioned above. Ploplys worked at District 214 for more than 30 years as science educator, teaching chemistry, physics, honors physics and advanced placement physics courses. Don holds a B. S. Magna Cum Laude in economics from The University of Utah and an MBA with distinction from Harvard University. Our firm is owned by its partners including Chief Investment Officer Stephen Yacktman, Portfolio Managers Jason Subotky, Adam Sues, and Russell Wilkins, Chief Financial Officer Keith Thatcher, Chief Operating Officer James Carmody, founder Don Yacktman, and majority owner Affiliated Managers Group, Inc. Yacktman Asset Management is an affiliate of Affiliated Managers Group, Inc. (AMG), a publicly traded global asset management company with equity investments in leading boutique investment management firms, including Yacktman. Prior to that she worked for True North Advisors and First Command Financial Planning. USB stock has seen some split opinions recently from market analysts. He was beloved among parents and students, many of whom were thankful for his excellent teaching abilities and sense of humor. Its a steady, stable payout, and clearly one that Yacktman views as reliable he increased it by 3% in his portfolio. It gave us an opportunity early on to prove ourselves. By the firms 10th anniversary, YCG had nearly $500 million in assets under management. On the negative side, Ajay Jain from Pivotal Research gives SYY its lone Sell rating. He founded Yacktman Asset Management in 1993, and has steered the company ever since. Rachel Buie Ms. Buie is Chief Compliance Officer at Yacktman Asset Management. A Buffalo Grove High School graduate has donated $1 million to establish a state-of-the-art robotics lab in honor of a former teacher. For more information, visit www.214foundation.org. The stock has a $54 average price target, that give a 5.45% upside from the current trading level of $51. The latest Yacktman to make his mark on the mutual fund world is Donalds 40-year-old son Brian, who founded YCG Investments in 2007 after working at his fathers firm for a few years. He joined the firm in 2020 after working previously at Fidelity Investments and Affiliated Managers Group. Michael Salm, who co-heads Putnam's fixed-income group, will continue to serve as lead manager of Putnam US Government Income and Putnam American Government Income. Prior to joining the firm in 2015, Brandt worked independently studying accounting and investment research, publishing research reports and developing research analysis tools. Stephen Yacktman, 49, started as an analyst at his father Donald's firm in the early 1990s and began co-managing the flagship fund with Donald in the early 2000s. Sie knnen Ihre Einstellungen jederzeit ndern. Oracle is a leader in database software, database management systems, and cloud systems. At the end of March 2019, nearly 30% of its assets were there. It is the largest single gift in the school's 46-year history. Ms. Buie is Chief Compliance Officer at Yacktman Asset Management. 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. He will continue to contribute ideas as a member of the portfolio team. 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. Choquette had comanaged the first two charges since 2005, and had been a named manager at Putnam Income since 2011. Yacktman has a 1.53% stake in the company. The company consistently turns up to 10% of its profits into free cash flow, and is a reliable dividend stock with a 3.2% annualized payout. Stephen Yacktman Age 47 education Bachelor's and Master's degrees, Brigham Young University Professional the Walt Disney Background Has worked in varying capacities at Yacktman Asset Management since 1993; became chief investment officer in 2013. outside interests Charitable organizations, kiteboarding Buffalo Grove High School this week announced the largest single gift received in its 46-year history: $1 million that will be used to create a robotics, manufacturing and biomedical health care innovation lab. Today, Stephen is the funds manager and Yacktman Asset Managements chief investment officer. When Brian Yacktman left his fathers firm to strike out on his own, he was expecting a friend to deliver $65 million in assets to manage. Hes not the only market watcher whos been looking at PepsiCo, however. 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. The average price target, $114, is actually a slight downside (1.65%) from the current share price of $115. Stephen Yacktman's House. Praxis Genesis Growth lags more than half of its aggressive allocation peers in the trailing three years through July 29, 2013, while Praxis Genesis Balanced and Praxis Genesis Conservative lag more than 70% of their respective peers during the same period. The lab will be named for Ploplys and his legacy. As long as we can find investments at a price where we can expect an attractive return, we expect to be fully invested in most environments, he says. Thank you for your interest in Yacktman Asset Management. The move, Don Yacktman wrote, reflects Stephen's contributions to the firm during the past 20 years. Verify your identity, personalize the content you receive, or create and administer your account. AMG Yacktman Service is currently run by co-managers Stephen Yacktman and Jason Subotky. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. While in school, Jon worked independently as a research analyst publishing stock write-ups emphasizing fundamental analysis. He graduated from Brigham Young University with an economics degree and MBA. Read our editorial policy to learn more about our process. 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. "In physics, we asked the big questions, like what's the nature of the universe?" 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. Furthermore, Yacktman takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites. In an initial conversation with the Foundation, he noted that he attributes much of his success in life to his experiences at Buffalo Grove High School. Donald Yacktman may not be a household name like Warren Buffett, but he holds a similar reputation among investors. Russell is a member of the Management Committee. RALEIGH, N.C. A man convicted in a July 1995 bombing targeting his wife at an office building in north Raleigh will spend an additional 10 years in prison, according to U.S. Attorney Michael . Subotky has been a comanager since 2009 and has been with the firm for nearly 15 years. How we use your information depends on the product and service that you use and your relationship with us. 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. Stephen was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. A. in Business Administration from Mount Union College and an MBA from the University of North Carolina Kenan-Flagler Business School. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. "This is about helping them discover their future and helping them determine what motivates and inspires them, and then making sure they are equipped to succeed as Buffalo Grove graduates," Yacktman said. As part of the deal with AMG, Brian Yacktman cannot attach his familys name to his business or mutual funds. 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. Though his professional career is in the finance arena, he maintains a passion for manufacturing, engineering, science and technology. Credit Suisses Judah Frommer concurs with Wolf, and gives SYY another Buy rating and $75 price target. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Lets unpack them, with some help from TipRanks-rated Wall Street analysts. The business got started with $1.5 million from a relative. Stephen A. Smith is perhaps the most outspoken sports analyst in the world. Working with the District 214 Education Foundation, Class of 1988 alumnus Stephen Yacktman and his wife Ellyn donated the $1 million in June. Stephen Yacktmans (center) senior yearbook picture. Five-star financial blogger Matthew Utesch dove in-depth into PEPs financials last month, and came to an optimistic bottom line: I expect that Pepsi will continue to see different segments generate revenue and operating profit in a much more balanced distribution than it currently has today. Along with Pepsis reliable (and profitable) dividend, takes a Buy position on PEP. From Oppenheimer, five-star analyst Chris Kotowski set out the bullish case, focusing on US Bancorps strong leverage position: The company again delivered positive operating leverage in the quarter and we expect it will continue to do so. Mr. Frock holds a BBA in Finance from the University of Texas and is a CFA charterholder. JatoTechs portfolio companies were acquired by Broadcom, Silicon Labs, Intel and Qualcomm. Jason is a co-manager for AMG Yacktman Focused Fund, AMG Yacktman Fund, and AMG Yacktman Global Fund. Mr. Subotky received a bachelors degree in Music from the University of Southern California and an MBA from Brigham Young University. She joined Yacktman in 2013. Steve was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011.