Yacktman Asset Management LP 13F holdings and portfolio analysis
Inicia sesión para clonar una nueva rama desde el plan seleccionado y continuar optimizando en la nueva rama.
Baseline
Mensajes de análisisPreguntas y respuestas pregeneradas sobre este fondo. Úsalas como contexto de referencia para tu propio análisis.
Following Baseline means accepting the manager's disclosed sizing almost directly. Here that means moderate concentration rather than broad index-like exposure: top 5 30.80%, top 10 50.78%, top 20 74.78%, with MSFT 7.34%, FOXA 7.08%, SCHW 6.20%, GOOGL 5.59%, PEP 4.59%, UHAL 4.52%. The baseline result is return 10.97%, alpha 0.32%, beta 0.81, Sharpe 0.71, Sortino 0.86, max drawdown -38.00%. That is the right reference case, but it is not automatically the safest case because the largest names and sector mix (Consumer Staples 21.44%, Communication Services 19.47%, Industrials 12.59%, Financials 11.88%) still dominate the realized path.
The period rows show the character of the baseline. The strongest relative period was 2023-12-31 (7.20% vs SPY 4.96%, excess 2.24%, turnover 6.45%); the weakest was 2023-09-30 (5.33% vs SPY 10.11%, excess -4.77%, turnover 12.52%). The latest rows (2025-03-31 (4.83% vs SPY 9.22%, excess -4.39%, turnover 14.49%); 2025-06-30 (0.83% vs SPY 4.20%, excess -3.37%, turnover 11.00%); 2025-09-30 (3.64% vs SPY 1.49%, excess 2.16%, turnover 7.20%)) show whether recent results are confirming or reversing the long-term profile.
Before accepting Baseline, I would inspect three things: whether MSFT 7.34%, FOXA 7.08%, SCHW 6.20%, GOOGL 5.59% still have current theses, whether recent changes such as no large named moves and no large named moves indicate a shift, and whether max drawdown of -38.00% is acceptable for the user's risk budget.