The YCG Enhanced Fund, which employs options strategies to reduce risk for its portfolio of around 30 stocks, has been doing that with finesse. We employ an objective, patient, and diligent investment approach and seek to achieve superior investment returns over a full market cycle. In 2006 he was named Co-Chief Investment Officer of Yacktman Asset Management. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Brian takes his firms early struggles in stride. The university now has raised about $500 million for the new campus, which would be part of Columbia Universitys Manhattanville complex in New York City, according to a report from Reuters. It provides opportunities for namings, sponsorships, advertising, planned giving, scholarships and other student-supporting assistance. 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. Artisan to close Artisan Small Cap to new investors, Putnam fixed-income manager Daniel Choquette departs, and Praxis adds comanagers to its allocation and index funds. AMG does not have any role in the day-to-day management of Yacktman. Thank you for your interest in Yacktman Asset Management. When it comes to investing, Donald, Stephen and Brian Yacktman share a long family tradition. 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 Mr. Wilkins is Partner and Portfolio Manager at Yacktman Asset Management. Prince Harry left the audience of The Late Show in hysterics with a joke about host Stephen Colbert's wife during a surprise appearance. Marla Brill. A typical Buy opinion comes from Piper Jaffray analyst Alex Zukin, who wrote in mid-December: [B]uybacks remain the primary driver of earnings growth the company is making clear progress in its applications business. Zukins $52 price target suggests a minor-league upside of 1.9%. Mr. Frock holds a BBA in Finance from the University of Texas and is a CFA charterholder. A look at the dividend confirms this; SYY pays out $1.56 per share, for an annual yield of 2.31%. 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. Please disable your ad-blocker and refresh. It is the largest single gift in the school's. Wed like to share more about how we work and what drives our day-to-day business. 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. Our Team Stephen Yacktman Jason Subotky Russell Wilkins Adam Sues Molly Pieroni Chase Frock, CFA Brandt Dusthimer, CFA Jon Danielson Donald Yacktman 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. 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. By jdubble07 @ 2015-07-02 08:24:15. I am not receiving compensation for it. Thomas Martin's House (Former) Paul Rogge's House. Stephen has been a comanager on the fund since 2002 and began at the firm more than 20 years ago. Fund analysts Robert Goldsborough and Flynn Murphy contributed to this report. Please click OK below to leave the Yacktman site and proceed to the selected site. Furthermore, Yacktman takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites. Yacktman owns this 9,300 sqft home as well as the baseball diamond next door. Previously, Stephen was a Manager at AMG and also held positions at Brigham Young University. Yacktman, who grew up in Arlington Heights, went on to attend Brigham Young University, where he graduated with an economics degree and an MBA. 2018 Township High School District 214. 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. Steve was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. He points to impending layoffs and softness in growth, and suggests a downside of 20% with a $54 price target. It has ranked in the top 3% of performers in Morningstars large blend category for the year ending May 31, the top 2% over the last three years, and the top 3% over the last five years. 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. by Kate Marin. Mr. Carmody is Partner and Chief Operating Officer at Yacktman Asset Management. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. Prior to that she worked for True North Advisors and First Command Financial Planning. We tend to shine in down markets, he says. Prior to joining the Firm in 2013, Keith worked at Bridgepoint Consulting LLC, where he was a CFO-level consultant for various companies. 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. "Buffalo Grove High School, and the opportunities I received there, placed me on a path to success and helped me become the person I am today," said Yacktman, who was involved in the arts and athletics while in high school and then attended Brigham Young University, where he graduated with an economics degree and MBA. 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. All Rights Reserved. Lets unpack them, with some help from TipRanks-rated Wall Street analysts. MSC Industrial Direct Yacktman purchased 317,939 shares of MSC Industrial Direct. Stephen Yacktman Student at BYU Provo, Utah, United States. The lab will be named for Ploplys and his legacy. Diverging ratings from Bairds David George and Argus Stephen Biggar tend to cancel each other out. 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 . Market analysts are giving SYY more positive ratings than negative, with two of the last three new reviews decidedly upbeat. "We are truly inspired by the generosity of this contribution, and the opportunities it will provide for Buffalo Grove High School. This will be the sixth of13 Artisan funds to close to new investors. Ploplys worked at District 214 for more than 30 years as a science educator teaching chemistry and physics, and retired in 2003. JatoTechs portfolio companies were acquired by Broadcom, Silicon Labs, Intel and Qualcomm. Russell is a member of the Management Committee. Alan Topfer's House. 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. Robert F. Smith & Hope Dworaczyk's House. The lab will be named for Ploplys and his legacy. 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. Whitepages people search is the most trusted directory. Ploplys worked at District 214 for more than 30 years as science educator, teaching chemistry, physics, honors physics and advanced placement physics courses. Don has stressed that he is not stepping back from his work at the firm. He joined Yacktman Asset Management in 1993. On July 25, Don Yacktman announced that his son, Stephen Yacktman, had taken over as sole chief investment officer of Yacktman Asset Management, the subadvisor to Gold-rated Yacktman(YACKX) and Silver-rated Yacktman Focused (YAFFX). "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. Please click OK below to leave the Yacktman site and proceed to the selected site. Ploplys worked at District 214 for more than 30 years as science educator, teaching Chemistry, Physics, Honors Physics and Advanced Placement Physics courses. Oracle makes up 7.9% of the Yacktman portfolio. 7,745 views. Courtesy of District 214. Salm will also continue to contribute ideas to Putnam Income, alongside Brett Kozlowski and new comanager addition Michael Murphy, who came aboard on July 29. Stephen was a finalist for Morningstars Domestic-Stock Manager of the Year award in 2011. Steve earned his MBA from BYU. Oracles annualized dividend yield is 1.47%, giving a payout of 76 cents per share. It gave us an opportunity early on to prove ourselves. By the firms 10th anniversary, YCG had nearly $500 million in assets under management. Having a different name helps eliminate confusion in the marketplace, he says. Today, Stephen is the funds manager and Yacktman Asset Managements chief investment officer. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. AMG Yacktman Service is currently run by co-managers Stephen Yacktman and Jason Subotky. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Your exam is being submitted. 1 is protecting our client's money. BYU Marriott School of Business Home Page. Prior to joining the firm in 2015, Brandt worked independently studying accounting and investment research, publishing research reports and developing research analysis tools. Choquette had comanaged the first two charges since 2005, and had been a named manager at Putnam Income since 2011. In addition to the donation, Yacktman has offered his expertise and direction in creating an innovative and one-of-a-kind lab that he hopes will give students opportunities that will prepare them to leave high school college and career ready. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. I have no business relationship with any company whose stock is mentioned in this article. As part of the deal with AMG, Brian Yacktman cannot attach his familys name to his business or mutual funds. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. 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. Mr. Yacktman: Assets at the end of the most recent quarter were in excess of $11 billion for AMG Yacktman Focused Fund and $13 billion for AMG Yacktman Fund. The student and teacher still stay in touch, having taken a zero-gravity airplane flight together. A 2,000-square-foot space inside Buffalo Grove High School will become a state-of-the-art robotics, manufacturing and biomedical health care innovation lab at the school, thanks to a generous donation from Class of 1988 alumnus Stephen Yacktman and his wife Ellyn. Who is Stephen A. Smith's wife? Prior to MC2, she served on the leadership team of Highside Capital, a $5B global equity long short hedge fund based in Dallas and New York. Stephen Yacktman is Chief Investment Officer and Portfolio Manager of Yacktman Asset Management. It makes up 2.75% of the total holdings, after a 5% increase in the last quarter. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. He earned a bachelors degree in Accountancy from Northern Arizona University. "We are truly inspired by the generosity of this contribution, and the opportunities it will provide for Buffalo Grove High School. editorial policies. And now, just that fast, we can.". A Columbia Business School alum and noted mutual fund manager who was named Morningstar's 1997 Domestic-Stock Fund Manager of the Year, Gabelli will join forces with Pequot Capital Management founder Arthur Samberg, who has agreed to donate $25 million to the new facility. Steve and Ellyn have four children. He was also the CIO and head analyst at the student-run Silicon Valley Fund. These products and services are usually sold through license agreements or subscriptions. He joined the firm in 2020 after working previously at Fidelity Investments and Affiliated Managers Group. Read our editorial policy to learn more about our process. Back then, technology stocks were . Chief Investment Officer Stephen Yacktman leads our experienced investment team. Molly began her career as an investment banking analyst in New York. Yacktman also invited Ploplys to the Class of 1988 reunion last year. "In physics, we asked the big questions, like what's the nature of the universe?" Hes not the only market watcher whos been looking at PepsiCo, however. Mr. Dusthimer is an Investment Analyst at Yacktman Asset Management. The annual yield of 2.88% puts it closer to Pepsi than to Oracle or Sysco, and the payout is $1.48 per share. While the duo focuses on finding mispriced companies in the US, their strategy also . Yacktman is known for keeping away from bank stocks, but USB has been part of the portfolio since 2011. Ms. Subotky has been a comanager since 2009 and has been with the firm for nearly 15 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. At the end of March 2019, nearly 30% of its assets were there. Thank you for your interest in Yacktman Asset Management. She joined Yacktman in 2013. Prior to founding the firm in 1992, Don served as Senior Portfolio Manager of Selected Financial Services, Inc. and was Portfolio Manager of the Selected American Shares mutual fund. He will continue to contribute ideas as a member of the portfolio team. Courtesy of Northwest Suburban High School District 214. The average price target is $57, and the current share price is $51, suggesting an upside to 11%. He joined the firm in 2013, and is the portfolio manager for the AMG Yacktman Special Opportunities Fund. But hes keeping family under the firm umbrella nevertheless, and has brought on his brother Michael Yacktman, 32, who serves as senior analyst and lead trader. 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. 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. Don and Stephen had shared the CIO title during the past seven years. The management guided to 100-150 bps positive operating leverage for full-year 2019, driven by both revenue growth and expense control. His price target, $54, suggests a 5.24% upside potential to the stock. He is co-portfolio manager of the AMG Yacktman Funds and chief investment officer of Yacktman Asset Management. It is the largest single gift in the school's 46-year history. - on Jul 16, 2021. in The R&L. Efren Landaos/SOPA Images. Snyder has worked as an analyst for the funds' advisor, Everence Capital Management, since 1999, including contributing ideas to Praxis Intermediate Income and separate accounts. Terms of Service apply. 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. 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. Discover how we prepare students for success in college, careers and life in High School District 214. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. He was a member of the 1-800 CONTACTS board and served as chair of the audit and compensation committees. That theme of diversity has only been enhanced now that the 13F filings are available Yacktman increased holdings in 4 of its top ten stocks, including retail food company, a wholesale food company, a software company, and a major bank. And then the third thing is, over a cycle, beating the S&P 500 -not necessarily year by year, but over a cycle. A steady dividend is part of that return on investment. Mr. Frock is Senior Analyst /Trader. The company has maintained a steady growth in payout since 2012. Today, YCG manages some $750 million, with about one-third of that attributable to the YCG Enhanced Fund and the rest to separately managed accounts requiring a $1 million investment minimum. Yacktman first acquired ORCL stock in 2013, and has been periodically shedding shares since then. TipRanks is the most comprehensive data set of sell side analysts, hedge fund managers, financial bloggers, and corporate insiders. The link you have selected is located on another web site. Those two do not have an independent record of their own, but they have ample experience. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Courtesy of District 214, A 2,000-square-foot space inside Buffalo Grove High School will become a state-of-the-art robotics, manufacturing and biomedical health care innovation lab at the school, thanks to a generous donation from Class of 1988 alumnus Stephen Yacktman and his wife Ellyn. 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. 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. 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. Despite a reputation for avoiding bank stocks, Yacktman increased US Bancorp holdings by 5%. Please. Ms. Pieroni is Partner and President at Yacktman Asset Management. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Ploplys, who taught physics and chemistry courses, said he enjoyed his teaching career -- especially when he could help make an impact on students like Yacktman. The donation by Class of 1988 alumnus Stephen Yacktman and his wife, Ellyn, to the Northwest Suburban High School District 214 Education Foundation will go toward state-of-the-art lab equipment and supplies. And there really wasnt a minimum account size because we were willing to take just about anything at that point.. The move, Don Yacktman wrote, reflects Stephen's contributions to the firm during the past 20 years. Sie knnen Ihre Einstellungen jederzeit ndern. Join to connect BYU . AMG Affiliates, including Yacktman, operate autonomously and independently of AMG and of each other. Ploplys said. Between 1996 and 2005 he helped build 1-800 CONTACTS from a startup to the leading seller of contact lenses in the world. On the negative side, Ajay Jain from Pivotal Research gives SYY its lone Sell rating. 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. "When I first got the call that we had a donor willing to really help us expand manufacturing, it brought chills," Principal Jeff Wardle said. Formed by the merger of cola challenger Pepsi and snack giant Frito-Lay, PepsiCo today is one worlds largest food businesses, with a variety of brands sold around the world generating over $40 billion in annual net revenues. Kitchen Possible empowers kids in Chicago, CA to see more snow as it recovers from back-to-back winter storms, Closing arguments begin after jurors visit Murdaugh crime scene | LIVE. The lab will be named for Ploplys and his legacy, according to the school. It is also the #9 holding of Yacktman Asset Management, comprising 3.34% of the total. Its a classic defensive stock, with an 8.1% growth rate over the last 10 years, and dividend increases over the last 46 consecutive (!) Prior to joining the firm in 1998, he was a Senior Business Analyst at Electronic Data Systems Corp. Mr. Wilkins holds a B. Despite its high status in Yacktmans portfolio, PEP shares are the weakest of the major holdings that the fund increased this past quarter. Ms. Buie is a Certified Securities Compliance Professional (CSCP) and a former board member of the National Society of Compliance Professionals. Keith began his career with KPMG. The donation is made in honor of Yacktman's former AP Physics instructor, Saulius Ploplys, who retired in 2003. We know that Stephen's political affiliation is currently a registered Republican; ethnicity is Native American . They have also lived in Austin, TX and Barrington, IL. It is the largest single gift in the schools 46-year history. 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. The road to getting there was a long one, though. Matthew McConaughey's House. Though his professional career is in the finance arena, he maintains a passion for manufacturing, engineering, science and technology. The new school facility is targeted for a 2018 opening. Stephen Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. He was beloved among parents and students, many of whom were thankful for his excellent teaching abilities and sense of humor.