Donald Yacktman’s Favorite Technology Stocks in Q3

Following is information regarding Yacktman Asset Management’s top holdings in the Technology sector.

  • 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.
  • Hewlett-Packard Company (NYSE:HPQ): On 6/30/11 Yacktman Asset Management reported holding 6,543,446 shares with a market value of $238,181,444. This comprised 2.52% of the total portfolio. On 9/30/11, Yacktman Asset Management held 10,359,253 shares with a market value of $232,565,238. This comprised 2.37% of the total portfolio. The net change in shares for this position over the two quarters is 3,815,807. About the company: Hewlett-Packard Company provides imaging and printing systems, computing systems, and information technology services for business and home. The Company’s products include laser and inkjet printers, scanners, copiers and faxes, personal computers, workstations, storage solutions, and other computing and printing systems. Hewlett-Packard sells its products worldwide.
  • Corning, Inc. (NYSE:GLW): On 6/30/11 Yacktman Asset Management reported holding 3,274,648 shares with a market value of $59,434,860. This comprised 0.63% of the total portfolio. On 9/30/11, Yacktman Asset Management held 10,576,889 shares with a market value of $130,730,344. This comprised 1.33% of the total portfolio. The net change in shares for this position over the two quarters is 7,302,241. About the company: Corning Incorporated is a global, technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass and projection video lens assemblies for the information display industry.
  • Research in Motion Ltd. (NASDAQ:RIMM): On 6/30/11 Yacktman Asset Management reported holding 2,948,575 shares with a market value of $85,066,390. This comprised 0.90% of the total portfolio. On 9/30/11, Yacktman Asset Management held 3,445,855 shares with a market value of $69,950,854. This comprised 0.71% of the total portfolio. The net change in shares for this position over the two quarters is 497,280. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications.
  • Total System Services, Inc. (NYSE:TSS): On 6/30/11 Yacktman Asset Management reported holding 3,530,773 shares with a market value of $65,601,762. This comprised 0.69% of the total portfolio. On 9/30/11, Yacktman Asset Management held 3,587,605 shares with a market value of $60,738,154. This comprised 0.62% of the total portfolio. The net change in shares for this position over the two quarters is 56,832. About the company: Total System Services, Inc. provides electronic payment processing and related services to financial and nonfinancial institutions. The Company’s services include processing consumer, retail, commercial, government services, stored value and debit cards. Total System serves institutions throughout the United States and internationally.
  • Intel Corporation (NASDAQ:INTC): On 6/30/11 Yacktman Asset Management reported holding 2,357,000 shares with a market value of $52,231,120. This comprised 0.55% of the total portfolio. On 9/30/11, Yacktman Asset Management held 2,420,000 shares with a market value of $51,642,800. This comprised 0.53% of the total portfolio. The net change in shares for this position over the two quarters is 63,000. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.

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

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