Yacktman Asset Management

Yacktman Asset Management, founded in 1992, is a private investment firm based in Austin, Texas. The firm specializes in value-oriented equity investing, focusing on high-quality businesses at low valuations to generate long-term outperformance. Led by Chief Investment Officer Stephen Yacktman, the firm employs a disciplined investment strategy, seeking to invest in companies with strong market positions, shareholder-oriented management, and attractive valuations. Yacktman Asset Management offers separate accounts, UCITS, and U.S. mutual funds, including The Yacktman Fund and The Yacktman Focused Fund. As of June 30, 2025, the firm's assets under management were approximately $13.39 billion, serving a diverse client base that includes investment companies, high-net-worth individuals, and pooled investment vehicles. The firm's investment approach combines the best features of growth and value investing, aiming to achieve solid risk-adjusted returns over time. Yacktman Asset Management is an affiliate of Affiliated Managers Group, Inc. (AMG), a global asset management company, since 2012. The firm's portfolio managers include Stephen A. Yacktman, Jason S. Subotky, and Adam P. Sues, who collectively bring extensive experience in value investing to the firm. Yacktman Asset Management's investment philosophy emphasizes patience, objectivity, and diligence, focusing on the merits of individual securities rather than attempting to forecast the market. The firm's disciplined approach has been recognized for delivering consistent long-term, risk-adjusted results to value-oriented investors since its inception in 1992.