Yacktman Fund: Favorite Consumer Non-Cyclical Stock Holdings for Q3

Following is information regarding Yacktman Asset Management’s top holdings in the Consumer Non-Cyclical sector 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.
  • 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.
  • Clorox Corporation (NYSE:CLX): On 6/30/11 Yacktman Asset Management reported holding 2,794,965 shares with a market value of $188,492,446. This comprised 1.99% of the total portfolio. On 9/30/11, Yacktman Asset Management held 2,838,416 shares with a market value of $188,272,138. This comprised 1.92% of the total portfolio. The net change in shares for this position over the two quarters is 43,451. About the company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
  • Avon Products, Inc. (NYSE:AVP): On 6/30/11 Yacktman Asset Management reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 9/30/11, Yacktman Asset Management held 6,009,675 shares with a market value of $117,789,632. This comprised 1.20% of the total portfolio. The net change in shares for this position over the two quarters is 6,009,675. About the company: Avon Products, Inc. manufactures and direct sells beauty and related products. The Company markets its products to consumers worldwide through independent sales representatives. Avon’s product line includes beauty, fashion and home.
  • Lancaster Colony Corporation (NASDAQ:LANC): On 6/30/11 Yacktman Asset Management reported holding 797,130 shares with a market value of $48,481,446. This comprised 0.51% of the total portfolio. On 9/30/11, Yacktman Asset Management held 796,038 shares with a market value of $48,566,277. This comprised 0.49% of the total portfolio. The net change in shares for this position over the two quarters is -1,092. About the company: Lancaster Colony Corporation is a diversified manufacturer. The Company produces and markets consumer products with a focus on specialty food products for the retail and foodservice markets. Lancaster also manufactures and markets candles for the food, drug and mass markets.
  • Philip Morris International, Inc. (NYSE:PM): On 6/30/11 Yacktman Asset Management reported holding 44,389 shares with a market value of $2,963,853. This comprised 0.03% of the total portfolio. On 9/30/11, Yacktman Asset Management held 44,389 shares with a market value of $2,768,986. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Philip Morris International Inc., through its subsidiaries, affiliates and their licensees, produces, sells, distributes, and markets a wide range of branded cigarettes and tobacco products in markets outside of the United States of America. The Company’s portfolio comprises both international and local brands.
  • Altria Group, Inc. (NYSE:MO): On 6/30/11 Yacktman Asset Management reported holding 43,701 shares with a market value of $1,154,143. This comprised 0.01% of the total portfolio. On 9/30/11, Yacktman Asset Management held 43,701 shares with a market value of $1,171,624. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Altria Group, Inc. is a holding company. The Company, through subsidiaries, manufactures and sells cigarettes and other tobacco products, including cigars and pipe tobacco. Altria holds an interest in a brewery company.
  • Kraft Foods, Inc. (NYSE:KFT): On 6/30/11 Yacktman Asset Management reported holding 22,014 shares with a market value of $775,553. This comprised 0.01% of the total portfolio. On 9/30/11, Yacktman Asset Management held 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. The net change in shares for this position over the two quarters is -22,014. About the company: Kraft Foods Inc. is a food and beverage company. The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Kraft sells its products throughout the world.

(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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