A $2 Billion Fund’s Top Stock Holdings for Q3

Following is information regarding Yacktman Asset Management’s top holdings for the quarter ending September 30th, 2011:

  • Pepsico, Inc. (NYSE:PEP): On 6/30/11 Yacktman Asset Management reported holding 15,107,709 shares with a market value of $1,064,035,949. This comprised 11.25% of the total portfolio. On 9/30/11, Yacktman Asset Management held 19,592,104 shares with a market value of $1,212,751,267. This comprised 12.35% of the total portfolio. The net change in shares for this position over the two quarters is 4,484,395. About the company: PepsiCo, Inc. operates worldwide beverage, snack and food businesses. The Company manufacture or uses contract manufacturers, market and sell a variety of grain-based snacks, carbonated and non-carbonated beverages and foods in countries throughout the world.
  • News Corp. (NASDAQ:NWSA): On 6/30/11 Yacktman Asset Management reported holding 66,299,024 shares with a market value of $1,173,492,775. This comprised 12.41% of the total portfolio. On 9/30/11, Yacktman Asset Management held 77,079,367 shares with a market value of $1,193,188,566. This comprised 12.15% of the total portfolio. The net change in shares for this position over the two quarters is 10,780,343. About the company: News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts.
  • Procter & Gamble Co. (NYSE:PG): On 6/30/11 Yacktman Asset Management reported holding 11,231,508 shares with a market value of $713,986,960. This comprised 7.55% of the total portfolio. On 9/30/11, Yacktman Asset Management held 12,649,452 shares with a market value of $799,192,381. This comprised 8.14% of the total portfolio. The net change in shares for this position over the two quarters is 1,417,944. About the company: The Procter & Gamble Company manufactures and markets consumer products in countries throughout the world. The Company provides products in the laundry and cleaning, paper, beauty care, food and beverage, and health care segments. Proctor & Gamble’s products are sold primarily through mass merchandisers, grocery stores, membership club stores, drug stores, and neighborhood stores.
  • Microsoft Corporation (NASDAQ:MSFT): On 6/30/11 Yacktman Asset Management reported holding 25,761,396 shares with a market value of $669,796,296. This comprised 7.08% of the total portfolio. On 9/30/11, Yacktman Asset Management held 26,354,570 shares with a market value of $655,965,231. This comprised 6.68% of the total portfolio. The net change in shares for this position over the two quarters is 593,174. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  • Cisco Systems, Inc. (NASDAQ:CSCO): On 6/30/11 Yacktman Asset Management reported holding 29,611,625 shares with a market value of $462,237,456. This comprised 4.89% of the total portfolio. On 9/30/11, Yacktman Asset Management held 31,952,707 shares with a market value of $495,266,959. This comprised 5.04% of the total portfolio. The net change in shares for this position over the two quarters is 2,341,082. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  • The Coca-Cola Company (NYSE:KO): On 6/30/11 Yacktman Asset Management reported holding 6,984,422 shares with a market value of $469,981,763. This comprised 4.97% of the total portfolio. On 9/30/11, Yacktman Asset Management held 6,726,361 shares with a market value of $454,432,933. This comprised 4.63% of the total portfolio. The net change in shares for this position over the two quarters is -258,061. About the company: The Coca-Cola Company manufactures, markets, and distributes soft drink concentrates and syrups. The Company also distributes and markets juice and juice-drink products. Coca-Cola distributes its products to retailers and wholesalers in the United States and internationally.
  • Johnson & Johnson (NYSE:JNJ): On 6/30/11 Yacktman Asset Management reported holding 5,935,688 shares with a market value of $394,841,946. This comprised 4.17% of the total portfolio. On 9/30/11, Yacktman Asset Management held 6,426,015 shares with a market value of $409,272,887. This comprised 4.17% of the total portfolio. The net change in shares for this position over the two quarters is 490,327. About the company: Johnson & Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.
  • Sysco Corp. (NYSE:SYY): On 6/30/11 Yacktman Asset Management reported holding 12,249,689 shares with a market value of $381,945,307. This comprised 4.04% of the total portfolio. On 9/30/11, Yacktman Asset Management held 14,683,359 shares with a market value of $380,298,992. This comprised 3.87% of the total portfolio. The net change in shares for this position over the two quarters is 2,433,670. About the company: Sysco Corporation distributes food and related products primarily to the foodservice industry. The Company also distributes personal care guest amenities, housekeeping supplies, room accessories, and textiles to the lodging industry.
  • Pfizer, Inc. (NYSE:PFE): On 6/30/11 Yacktman Asset Management reported holding 17,964,370 shares with a market value of $370,066,029. This comprised 3.91% of the total portfolio. On 9/30/11, Yacktman Asset Management held 18,609,368 shares with a market value of $329,013,632. This comprised 3.35% of the total portfolio. The net change in shares for this position over the two quarters is 644,998. About the company: Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company’s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.
  • Viacom, Inc. (NYSE:VIAB): On 6/30/11 Yacktman Asset Management reported holding 7,722,965 shares with a market value of $393,871,215. This comprised 4.16% of the total portfolio. On 9/30/11, Yacktman Asset Management held 7,969,212 shares with a market value of $308,727,286. This comprised 3.14% of the total portfolio. The net change in shares for this position over the two quarters is 246,247. About the company: Viacom Inc. (Viacom) is an entertainment content company. The Company engages audiences on television, motion picture, Internet and mobile platforms through many of the world’s entertainment brands.

(Note: Data regarding Yacktman Asset Management’s stock holdings are sourced from whalewisdom.com.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>