Yacktman Asset Management: AUM & Ownership

Clients

Yacktman Asset Management serves 636 clients, 626 of them high-net-worth individuals. The average client has about $18 million with the firm, and high-net-worth clients hold 11% of its $11.7 billion in assets.

Regulatory assets by client type

High-net-worth individuals626 clients11%
Investment companies4 clients82%
Pooled investment vehicles5 clients6%
Pension and profit-sharing plans1 clients1%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
High-net-worth individuals	626	$1,337,616,823	11.4%	$2.14M
Investment companies	4	$9,632,290,879	82.2%	$2.41B
Pooled investment vehicles	5	$664,279,154	5.7%	$132.9M
Pension and profit-sharing plans	1	$78,174,879	0.7%	$78.2M
Total	636	$11,712,361,735	100%	$18.4M

High-net-worth individuals

Clients: 626
Regulatory AUM: $1,337,616,823
Share: 11.4%
Avg. per client: $2.14M

Investment companies

Clients: 4
Regulatory AUM: $9,632,290,879
Share: 82.2%
Avg. per client: $2.41B

Pooled investment vehicles

Clients: 5
Regulatory AUM: $664,279,154
Share: 5.7%
Avg. per client: $132.9M

Pension and profit-sharing plans

Clients: 1
Regulatory AUM: $78,174,879
Share: 0.7%
Avg. per client: $78.2M

Total

Clients: 636
Regulatory AUM: $11,712,361,735
Share: 100%
Avg. per client: $18.4M

What it does

Yacktman Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.

Yacktman Asset Management provided financial planning to 0 clients last fiscal year and advises 1 private funds.

Nearly all assets ($11.71B across 634 accounts) are managed with discretion; $5.16M across 2 accounts are not. $1.17B sits in a wrap fee program the firm both sponsors and manages. 3% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks85%
Cash15%

Custodians

Yacktman Asset Management’s client accounts are held mainly at Goldman Sachs &, with 7% of managed assets, and UBS Financial Services, with 3%. Yacktman Asset Management has custody of client assets.

Managed account assets by custodian

UBS Financial ServicesUBS Financial Services Inc. · Weehawken, NJ · $297.7M3%
Goldman Sachs &Goldman Sachs & Co. LLC · New York, NY · $875.7M7%
All other custodians$10.54B90%

Ownership and leadership

Gotham Acquisition LP, LLC owns 75% or more of Yacktman Asset Management.

Who owns the firm

Yacktman Asset Management LP· the adviser

Gotham Acquisition LP, LLC
since June 2012
Owns 75% or more of Yacktman Asset Management LP
- Amg Gotham Holdings, LLC
  Control person · since October 2014
  Owns 75% or more of Gotham Acquisition LP, LLC
  - Affiliated Managers Group, Inc.
    Control person · since October 2014
    Owns 75% or more of Amg Gotham Holdings, LLC
Yamco, Inc.
Control person · since June 2012
Owns 10% to 25% of Yacktman Asset Management LP
- Donald Yacktman
  Control person · since June 2012
  Owns 25% to 50% of Yamco, Inc.
- Stephen Yacktman
  Control person · since June 2012
  Owns 25% to 50% of Yamco, Inc.
- Jason Subotky
  Control person · since June 2012
  Owns 25% to 50% of Yamco, Inc.

Leadership

Molly Pieroni
President
Christopher Munson
Chief Financial Officer
Krista Infante
Chief Compliance Officer
John Oneill
General Counsel
Jason Subotky
Limited Partner
Russell Wilkins
Limited Partner
Donald Yacktman
Limited Partner
Stephen Yacktman
Limited Partner

Staff

19 employees
9 in advisory functions
2 broker-dealer reps
3 soliciting firms

Reported holdings

Yacktman Asset Management’s reported 13F holdings total $8.09B across 74 positions, and the ten largest make up 48.2% of it.

$8.09B
Reported 13F value: 74
Positions: 48.2%
In the 10 largest: +7.9%
Value vs. prior quarter

Ten largest positions, share of reported value

Canadian Natural Resources Limited8.0%
Berkshire Hathaway Inc.. · CL B New7.2%
Alphabet Inc.. · Cap Stk CL C4.9%
Charles Schwab Corp.4.7%
Microsoft Corporation4.7%
U-haul Holding Company · Com Ser N4.4%
Johnson & Johnson4.0%
Procter & Gamble Company3.6%
Pepsico, Inc..3.5%
Fox Corporation · CL B3.3%

Together, the ten largest are 48.2% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 11 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $8.09B is not its $11.71B in regulatory assets and does not represent any individual client's portfolio.

Fees

Yacktman Asset Management is paid through a percentage of assets under management and performance-based fees.

Yacktman Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Yacktman Asset Management has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Texas · 1 listed address

6300 Bridge Point Parkway, Building 1 Suite 500, AustinHQ

Registration details

Legal name: Yacktman Asset Management LP
Headquarters: 6300 Bridge Point Parkway, Building 1 Suite 500, Austin, TX 78730-5073
Phone: 512-767-6700
Website: www.yacktman.com
SEC file: 801-76744
Structure: Delaware limited partnership
Fiscal year end: December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Yacktman Asset Management have?

Yacktman Asset Management has 636 clients and manages $11.7 billion for them, as of March 2026. They include 626 high-net-worth individuals, 5 pooled investment vehicles and 4 investment companies.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026

What services does Yacktman Asset Management offer?

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Yacktman Asset Management use?

Yacktman Asset Management’s separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $875,728,233 and UBS Financial Services Inc. (Weehawken, NJ), with $297,699,981. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026

How many financial advisors does Yacktman Asset Management have?

Yacktman Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 19 employees, and 9 perform investment advisory functions. 2 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Yacktman Asset Management invest in?

At the end of its last fiscal year, Yacktman Asset Management’s separately managed accounts held 85% exchange-traded equities and 15% cash and equivalents. It advises 1 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Yacktman Asset Management?

Yacktman Asset Management is owned through a chain of holding companies by Donald and Stephen Yacktman, Jason Subotky, and Affiliated Managers Group, Inc. Its direct owners are Yamco, Inc. (10% to 25%) and Gotham Acquisition LP, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026

How does Yacktman Asset Management get paid?

Yacktman Asset Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file