YACKTMAN ASSET MANAGEMENT LP Diversified Active

CIK: 0000905567 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 3, 2026

Total Value ($000): $7,143,813 (100.0% shares, 0.0% debt)

Holdings (72)

New Positions (3)

EWY iShares, Inc. - iShares MSCI South Korea ETF 1.6%

Value ($000) $111,279 Shares 1,144,611 Est. Cost $97.22 Unrealized —

BIL SPDR Bloomberg 1-3 Month T-Bill ETF 0.2%

Value ($000) $15,342 Shares 167,893 Est. Cost $91.38 Unrealized —

UL Unilever PLC ADR 0.2%

Value ($000) $12,806 Shares 195,803 Est. Cost $65.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EWY	iShares, Inc. - iShares MSCI South Korea ETF	1,144,611	$111,279	1.6%	$97.22	—	MSCI STH KOR ETF	464286772
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	167,893	$15,342	0.2%	$91.38	—	STATE STREET SPD	78468R663
UL	Unilever PLC ADR	195,803	$12,806	0.2%	$65.40	—	ADR	904767803

Increased Positions (8)

SPY SPDR S&P 500 ETF 0.3%

Value ($000) $21,883 (+635.4%) Shares 32,091 (+618.4%) Est. Cost $668.96 Unrealized —

EMBC Embecta Corp. 0.4%

Value ($000) $26,883 (-13.1%) Shares 2,262,915 (+3.2%) Est. Cost $24.52 Unrealized -46.7%

LEGH Legacy Housing Corporation 0.0%

Value ($000) $3,429 (+107.8%) Shares 175,675 (+192.8%) Est. Cost $20.15 Unrealized +6.3%

FICO Fair Isaac & Co. 0.1%

Value ($000) $4,639 (+22.3%) Shares 2,744 (+8.3%) Est. Cost $1520.47 Unrealized +13.2%

CPRT Copart, Inc. 0.1%

Value ($000) $3,922 (+16.0%) Shares 100,170 (+33.2%) Est. Cost $45.72 Unrealized -9.3%

VRSK Verisk Analytics Inc. 0.0%

Value ($000) $3,458 (+4.5%) Shares 15,460 (+17.5%) Est. Cost $266.34 Unrealized -15.4%

MRSH Marsh & McLennan Cos 0.1%

Value ($000) $3,577 (+2.3%) Shares 19,280 (+11.2%) Est. Cost $202.24 Unrealized -7.8%

CRMT America's Car-Mart, Inc. 0.1%

Value ($000) $3,915 (+0.8%) Shares 155,000 (+16.5%) Est. Cost $44.55 Unrealized -46.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF	32,091 (+618.4%)	$21,883 (+635.4%)	0.3%	$668.96	—	TR UNIT	78462F103
EMBC	Embecta Corp.	2,262,915 (+3.2%)	$26,883 (-13.1%)	0.4%	$24.52	-46.7%	COMMON STOCK	29082K105
LEGH	Legacy Housing Corporation	175,675 (+192.8%)	$3,429 (+107.8%)	0.0%	$20.15	+6.3%	COM	52472M101
FICO	Fair Isaac & Co.	2,744 (+8.3%)	$4,639 (+22.3%)	0.1%	$1520.47	+13.2%	COM	303250104
CPRT	Copart, Inc.	100,170 (+33.2%)	$3,922 (+16.0%)	0.1%	$45.72	-9.3%	COM	217204106
VRSK	Verisk Analytics Inc.	15,460 (+17.5%)	$3,458 (+4.5%)	0.0%	$266.34	-15.4%	COM	92345Y106
MRSH	Marsh & McLennan Cos	19,280 (+11.2%)	$3,577 (+2.3%)	0.1%	$202.24	-7.8%	COM	571748102
CRMT	America's Car-Mart, Inc.	155,000 (+16.5%)	$3,915 (+0.8%)	0.1%	$44.55	-46.0%	COM	03062T105

Exited Positions (1)

— Unilever PLC ADR 0.2%

Value ($000) $13,970 Shares 235,669 Est. Cost $57.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	Unilever PLC ADR	235,669	$13,970	0.2%	$57.05	—	—	904767704

Decreased Positions (45)

WBD Warner Bros. Discovery, Inc. 0.7%

Value ($000) $51,382 (-64.1%) Shares 1,782,860 (-75.7%) Est. Cost $16.16 Unrealized +44.6%

GOOG Alphabet Inc. 5.0%

Value ($000) $354,533 (+24.8%) Shares 1,129,807 (-3.1%) Est. Cost $108.24 Unrealized +164.5%

MSFT Microsoft Corporation 6.5%

Value ($000) $466,125 (-12.5%) Shares 963,825 (-6.2%) Est. Cost $51.21 Unrealized +877.5%

NWSA News Corporation 2.7%

Value ($000) $191,439 (-16.0%) Shares 7,329,228 (-1.3%) Est. Cost $12.74 Unrealized +106.0%

CNQ Canadian Natural Resources Limited 8.9%

Value ($000) $635,548 (-4.9%) Shares 18,775,420 (-10.2%) Est. Cost $23.68 Unrealized +36.9%

FOX Fox Corporation 5.1%

Value ($000) $361,647 (+8.9%) Shares 5,569,791 (-3.9%) Est. Cost $32.30 Unrealized +80.7%

CTSH Cognizant Technology Solutions Corporation 3.5%

Value ($000) $247,625 (+11.9%) Shares 2,983,431 (-9.6%) Est. Cost $60.12 Unrealized +24.2%

PG The Procter & Gamble Company 3.8%

Value ($000) $274,919 (-7.9%) Shares 1,918,353 (-1.2%) Est. Cost $59.13 Unrealized +148.9%

JNJ Johnson & Johnson 3.6%

Value ($000) $259,235 (+8.6%) Shares 1,252,646 (-2.7%) Est. Cost $62.97 Unrealized +212.9%

INGR Ingredion Incorporated 2.2%

Value ($000) $156,972 (-10.9%) Shares 1,423,654 (-1.3%) Est. Cost $79.64 Unrealized +41.6%

OLN Olin Corporation 1.1%

Value ($000) $81,702 (-17.7%) Shares 3,922,318 (-1.3%) Est. Cost $49.30 Unrealized -56.5%

SYY Sysco Corporation 1.3%

Value ($000) $90,167 (-12.6%) Shares 1,223,605 (-2.3%) Est. Cost $38.88 Unrealized +94.2%

EOG EOG Resources, Inc. 1.7%

Value ($000) $124,649 (-8.8%) Shares 1,187,019 (-2.6%) Est. Cost $102.60 Unrealized +4.5%

EBAY eBay Inc. 1.9%

Value ($000) $133,466 (-6.9%) Shares 1,532,330 (-2.8%) Est. Cost $48.26 Unrealized +79.0%

NOC Northrop Grumman Corporation 1.5%

Value ($000) $110,585 (-8.3%) Shares 193,937 (-2.0%) Est. Cost $279.27 Unrealized +107.3%

FOXA Fox Corporation 1.2%

Value ($000) $87,835 (-8.4%) Shares 1,202,063 (-20.9%) Est. Cost $31.83 Unrealized +105.3%

TSN Tyson Foods, Inc. 2.0%

Value ($000) $145,927 (+5.4%) Shares 2,489,380 (-2.3%) Est. Cost $55.04 Unrealized -0.8%

LHX L3Harris Technologies, Inc. 1.7%

Value ($000) $119,843 (-5.8%) Shares 408,227 (-2.1%) Est. Cost $170.59 Unrealized +69.1%

ELV Elevance Health, Inc. 1.6%

Value ($000) $115,245 (+6.7%) Shares 328,756 (-1.7%) Est. Cost $114.74 Unrealized +193.4%

SCHW The Charles Schwab Corporation 5.5%

Value ($000) $393,300 (-1.8%) Shares 3,936,540 (-6.2%) Est. Cost $55.18 Unrealized +71.7%

AWI Armstrong World Industries, Inc. 2.0%

Value ($000) $141,747 (-4.8%) Shares 741,742 (-2.3%) Est. Cost $80.42 Unrealized +137.1%

KVUE Kenvue Inc. 1.9%

Value ($000) $135,542 (+5.2%) Shares 7,857,496 (-1.0%) Est. Cost $19.62 Unrealized -17.1%

KO The Coca-Cola Company 2.1%

Value ($000) $147,415 (+4.1%) Shares 2,108,644 (-1.3%) Est. Cost $28.43 Unrealized +144.1%

COP ConocoPhillips 2.0%

Value ($000) $145,086 (-3.4%) Shares 1,549,903 (-2.4%) Est. Cost $83.57 Unrealized +7.7%

UNH UnitedHealth Group Incorporated 0.8%

Value ($000) $55,310 (-8.3%) Shares 167,550 (-4.0%) Est. Cost $355.10 Unrealized -5.0%

FANG Diamondback Energy, Inc. 2.1%

Value ($000) $149,822 (+3.2%) Shares 996,619 (-1.8%) Est. Cost $116.28 Unrealized +26.5%

LMT Lockheed Martin Corporation 1.5%

Value ($000) $103,734 (-4.2%) Shares 214,473 (-1.1%) Est. Cost $299.96 Unrealized +58.7%

STT State Street Corporation 1.6%

Value ($000) $117,858 (-3.4%) Shares 913,555 (-13.1%) Est. Cost $49.74 Unrealized +139.2%

DAR Darling Ingredients Inc. 0.7%

Value ($000) $50,012 (+9.0%) Shares 1,389,217 (-6.5%) Est. Cost $43.86 Unrealized -22.8%

DIS The Walt Disney Company 2.1%

Value ($000) $151,760 (-2.4%) Shares 1,333,916 (-1.8%) Est. Cost $108.54 Unrealized +0.9%

BRK/B Berkshire Hathaway Inc. 2.2%

Value ($000) $157,346 (-2.3%) Shares 313,033 (-2.3%) Est. Cost $233.96 Unrealized +112.7%

MAS Masco Corporation 0.2%

Value ($000) $14,840 (-16.7%) Shares 233,847 (-7.6%) Est. Cost $55.46 Unrealized +16.7%

RS Reliance, Inc. 2.8%

Value ($000) $199,790 (+1.3%) Shares 691,626 (-1.5%) Est. Cost $157.65 Unrealized +78.2%

DVN Devon Energy Corporation 0.2%

Value ($000) $15,836 (-13.3%) Shares 432,311 (-17.0%) Est. Cost $51.71 Unrealized -32.8%

CLX The Clorox Company 0.1%

Value ($000) $4,849 (-33.3%) Shares 48,095 (-18.5%) Est. Cost $110.74 Unrealized -2.2%

UHAL U-Haul Holding Company 0.2%

Value ($000) $16,498 (-12.6%) Shares 327,276 (-1.1%) Est. Cost $51.54 Unrealized +3.2%

PEP PepsiCo, Inc. 4.1%

Value ($000) $291,149 (+0.6%) Shares 2,028,631 (-1.5%) Est. Cost $75.90 Unrealized +92.2%

EAF GrafTech International Ltd. 0.2%

Value ($000) $15,486 (+13.0%) Shares 998,475 (-6.6%) Est. Cost $11.57 Unrealized +31.4%

CSCO Cisco Systems, Inc. 0.4%

Value ($000) $26,239 (+6.5%) Shares 340,638 (-5.4%) Est. Cost $16.51 Unrealized +347.0%

GS The Goldman Sachs Group, Inc. 0.1%

Value ($000) $4,382 (-20.3%) Shares 4,985 (-27.8%) Est. Cost $156.24 Unrealized +420.6%

WFC Wells Fargo & Company 0.1%

Value ($000) $9,536 (-9.7%) Shares 102,319 (-18.8%) Est. Cost $32.36 Unrealized +167.7%

BK The Bank of New York Mellon Corporation 0.6%

Value ($000) $42,458 (-1.3%) Shares 365,736 (-7.3%) Est. Cost $23.02 Unrealized +380.0%

TDY Teledyne Technologies Incorporated 0.0%

Value ($000) $1,073 (-23.7%) Shares 2,100 (-12.5%) Est. Cost $428.77 Unrealized +22.9%

RDI Reading International, Inc. 0.0%

Value ($000) $278 (-31.2%) Shares 265,000 (-3.6%) Est. Cost $10.45 Unrealized -87.7%

GOLD Gold.com Inc 0.0%

Value ($000) $238 (+2.4%) Shares 7,000 (-22.2%) Est. Cost $23.65 Unrealized +20.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WBD	Warner Bros. Discovery, Inc.	1,782,860 (-75.7%)	$51,382 (-64.1%)	0.7%	$16.16	+44.6%	COM SER A	934423104
GOOG	Alphabet Inc.	1,129,807 (-3.1%)	$354,533 (+24.8%)	5.0%	$108.24	+164.5%	CAP STK CL C	02079K107
MSFT	Microsoft Corporation	963,825 (-6.2%)	$466,125 (-12.5%)	6.5%	$51.21	+877.5%	COM	594918104
NWSA	News Corporation	7,329,228 (-1.3%)	$191,439 (-16.0%)	2.7%	$12.74	+106.0%	CL A	65249B109
CNQ	Canadian Natural Resources Limited	18,775,420 (-10.2%)	$635,548 (-4.9%)	8.9%	$23.68	+36.9%	COM	136385101
FOX	Fox Corporation	5,569,791 (-3.9%)	$361,647 (+8.9%)	5.1%	$32.30	+80.7%	CL B COM	35137L204
CTSH	Cognizant Technology Solutions Corporation	2,983,431 (-9.6%)	$247,625 (+11.9%)	3.5%	$60.12	+24.2%	CL A	192446102
PG	The Procter & Gamble Company	1,918,353 (-1.2%)	$274,919 (-7.9%)	3.8%	$59.13	+148.9%	COM	742718109
JNJ	Johnson & Johnson	1,252,646 (-2.7%)	$259,235 (+8.6%)	3.6%	$62.97	+212.9%	COM	478160104
INGR	Ingredion Incorporated	1,423,654 (-1.3%)	$156,972 (-10.9%)	2.2%	$79.64	+41.6%	COM	457187102
OLN	Olin Corporation	3,922,318 (-1.3%)	$81,702 (-17.7%)	1.1%	$49.30	-56.5%	COM PAR $1	680665205
SYY	Sysco Corporation	1,223,605 (-2.3%)	$90,167 (-12.6%)	1.3%	$38.88	+94.2%	COM	871829107
EOG	EOG Resources, Inc.	1,187,019 (-2.6%)	$124,649 (-8.8%)	1.7%	$102.60	+4.5%	COM	26875P101
EBAY	eBay Inc.	1,532,330 (-2.8%)	$133,466 (-6.9%)	1.9%	$48.26	+79.0%	COM	278642103
NOC	Northrop Grumman Corporation	193,937 (-2.0%)	$110,585 (-8.3%)	1.5%	$279.27	+107.3%	COM	666807102
FOXA	Fox Corporation	1,202,063 (-20.9%)	$87,835 (-8.4%)	1.2%	$31.83	+105.3%	CL A COM	35137L105
TSN	Tyson Foods, Inc.	2,489,380 (-2.3%)	$145,927 (+5.4%)	2.0%	$55.04	-0.8%	CL A	902494103
LHX	L3Harris Technologies, Inc.	408,227 (-2.1%)	$119,843 (-5.8%)	1.7%	$170.59	+69.1%	COM	502431109
ELV	Elevance Health, Inc.	328,756 (-1.7%)	$115,245 (+6.7%)	1.6%	$114.74	+193.4%	COM	036752103
SCHW	The Charles Schwab Corporation	3,936,540 (-6.2%)	$393,300 (-1.8%)	5.5%	$55.18	+71.7%	COM	808513105
AWI	Armstrong World Industries, Inc.	741,742 (-2.3%)	$141,747 (-4.8%)	2.0%	$80.42	+137.1%	COM	04247X102
KVUE	Kenvue Inc.	7,857,496 (-1.0%)	$135,542 (+5.2%)	1.9%	$19.62	-17.1%	COM	49177J102
KO	The Coca-Cola Company	2,108,644 (-1.3%)	$147,415 (+4.1%)	2.1%	$28.43	+144.1%	COM	191216100
COP	ConocoPhillips	1,549,903 (-2.4%)	$145,086 (-3.4%)	2.0%	$83.57	+7.7%	COM	20825C104
UNH	UnitedHealth Group Incorporated	167,550 (-4.0%)	$55,310 (-8.3%)	0.8%	$355.10	-5.0%	COM	91324P102
FANG	Diamondback Energy, Inc.	996,619 (-1.8%)	$149,822 (+3.2%)	2.1%	$116.28	+26.5%	COM	25278X109
LMT	Lockheed Martin Corporation	214,473 (-1.1%)	$103,734 (-4.2%)	1.5%	$299.96	+58.7%	COM	539830109
STT	State Street Corporation	913,555 (-13.1%)	$117,858 (-3.4%)	1.6%	$49.74	+139.2%	COM	857477103
DAR	Darling Ingredients Inc.	1,389,217 (-6.5%)	$50,012 (+9.0%)	0.7%	$43.86	-22.8%	COM	237266101
DIS	The Walt Disney Company	1,333,916 (-1.8%)	$151,760 (-2.4%)	2.1%	$108.54	+0.9%	COM	254687106
BRK/B	Berkshire Hathaway Inc.	313,033 (-2.3%)	$157,346 (-2.3%)	2.2%	$233.96	+112.7%	CL B NEW	084670702
MAS	Masco Corporation	233,847 (-7.6%)	$14,840 (-16.7%)	0.2%	$55.46	+16.7%	COM	574599106
RS	Reliance, Inc.	691,626 (-1.5%)	$199,790 (+1.3%)	2.8%	$157.65	+78.2%	COM	759509102
DVN	Devon Energy Corporation	432,311 (-17.0%)	$15,836 (-13.3%)	0.2%	$51.71	-32.8%	COM	25179M103
CLX	The Clorox Company	48,095 (-18.5%)	$4,849 (-33.3%)	0.1%	$110.74	-2.2%	COM	189054109
UHAL	U-Haul Holding Company	327,276 (-1.1%)	$16,498 (-12.6%)	0.2%	$51.54	+3.2%	COM	023586100
PEP	PepsiCo, Inc.	2,028,631 (-1.5%)	$291,149 (+0.6%)	4.1%	$75.90	+92.2%	COM	713448108
EAF	GrafTech International Ltd.	998,475 (-6.6%)	$15,486 (+13.0%)	0.2%	$11.57	+31.4%	COM	384313607
CSCO	Cisco Systems, Inc.	340,638 (-5.4%)	$26,239 (+6.5%)	0.4%	$16.51	+347.0%	COM	17275R102
GS	The Goldman Sachs Group, Inc.	4,985 (-27.8%)	$4,382 (-20.3%)	0.1%	$156.24	+420.6%	COM	38141G104
WFC	Wells Fargo & Company	102,319 (-18.8%)	$9,536 (-9.7%)	0.1%	$32.36	+167.7%	COM	949746101
BK	The Bank of New York Mellon Corporation	365,736 (-7.3%)	$42,458 (-1.3%)	0.6%	$23.02	+380.0%	COM	064058100
TDY	Teledyne Technologies Incorporated	2,100 (-12.5%)	$1,073 (-23.7%)	0.0%	$428.77	+22.9%	COM	879360105
RDI	Reading International, Inc.	265,000 (-3.6%)	$278 (-31.2%)	0.0%	$10.45	-87.7%	CL A	755408101
GOLD	Gold.com Inc	7,000 (-22.2%)	$238 (+2.4%)	0.0%	$23.65	+20.8%	COM	00181T107

Unchanged Positions (16)

UHAL/B U-Haul Holding Company 3.8%

Value ($000) $270,503 Shares 5,787,394 Est. Cost $57.57 Unrealized -15.4%

TLN Talen Energy Corporation 1.9%

Value ($000) $134,942 Shares 360,000 Est. Cost $138.87 Unrealized +179.9%

CMCSA Comcast Corporation 0.5%

Value ($000) $34,717 Shares 1,161,500 Est. Cost $28.04 Unrealized +1.8%

CL Colgate-Palmolive Company 0.9%

Value ($000) $62,212 Shares 787,300 Est. Cost $46.44 Unrealized +68.6%

MCO Moody's Corporation 0.1%

Value ($000) $6,347 Shares 12,425 Est. Cost $354.77 Unrealized +37.4%

AMPY Amplify Energy Corp. 0.0%

Value ($000) $1,051 Shares 230,000 Est. Cost $4.15 Unrealized +20.0%

VZ Verizon Communications Inc. 0.0%

Value ($000) $1,629 Shares 40,000 Est. Cost $28.99 Unrealized +39.6%

CATO The Cato Corporation 0.0%

Value ($000) $326 Shares 105,445 Est. Cost $10.09 Unrealized -63.6%

MSCI MSCI Inc. 0.1%

Value ($000) $6,254 Shares 10,900 Est. Cost $508.24 Unrealized +10.2%

AON Aon plc 0.1%

Value ($000) $4,557 Shares 12,915 Est. Cost $311.36 Unrealized +12.1%

NWS News Corporation 0.0%

Value ($000) $241 Shares 8,140 Est. Cost $12.44 Unrealized +139.7%

MO Altria Group, Inc. 0.0%

Value ($000) $242 Shares 4,200 Est. Cost $16.28 Unrealized +264.7%

MA Mastercard Incorporated 0.1%

Value ($000) $6,662 Shares 11,670 Est. Cost $310.71 Unrealized +79.9%

NTRS Northern Trust Corporation 0.0%

Value ($000) $1,298 Shares 9,500 Est. Cost $69.90 Unrealized +87.1%

PM Philip Morris International Inc. 0.0%

Value ($000) $1,011 Shares 6,300 Est. Cost $50.39 Unrealized +204.8%

V Visa Inc. Class A 0.0%

Value ($000) $257 Shares 732 Est. Cost $267.71 Unrealized +27.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UHAL/B	U-Haul Holding Company	5,787,394	$270,503	3.8%	$57.57	-15.4%	COM SER N	023586506
TLN	Talen Energy Corporation	360,000	$134,942	1.9%	$138.87	+179.9%	COM	87422Q109
CMCSA	Comcast Corporation	1,161,500	$34,717	0.5%	$28.04	+1.8%	CL A	20030N101
CL	Colgate-Palmolive Company	787,300	$62,212	0.9%	$46.44	+68.6%	COM	194162103
MCO	Moody's Corporation	12,425	$6,347	0.1%	$354.77	+37.4%	COM	615369105
AMPY	Amplify Energy Corp.	230,000	$1,051	0.0%	$4.15	+20.0%	COM	03212B103
VZ	Verizon Communications Inc.	40,000	$1,629	0.0%	$28.99	+39.6%	COM	92343V104
CATO	The Cato Corporation	105,445	$326	0.0%	$10.09	-63.6%	CL A	149205106
MSCI	MSCI Inc.	10,900	$6,254	0.1%	$508.24	+10.2%	COM	55354G100
AON	Aon plc	12,915	$4,557	0.1%	$311.36	+12.1%	SHS CL A	G0403H108
NWS	News Corporation	8,140	$241	0.0%	$12.44	+139.7%	CL B	65249B208
MO	Altria Group, Inc.	4,200	$242	0.0%	$16.28	+264.7%	COM	02209S103
MA	Mastercard Incorporated	11,670	$6,662	0.1%	$310.71	+79.9%	CL A	57636Q104
NTRS	Northern Trust Corporation	9,500	$1,298	0.0%	$69.90	+87.1%	COM	665859104
PM	Philip Morris International Inc.	6,300	$1,011	0.0%	$50.39	+204.8%	COM	718172109
V	Visa Inc. Class A	732	$257	0.0%	$267.71	+27.1%	COM CL A	92826C839