0000905567-11-000002.txt : 20110503 0000905567-11-000002.hdr.sgml : 20110503 20110503145810 ACCESSION NUMBER: 0000905567-11-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110503 DATE AS OF CHANGE: 20110503 EFFECTIVENESS DATE: 20110503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: YACKTMAN ASSET MANAGEMENT CO/IL CENTRAL INDEX KEY: 0000905567 IRS NUMBER: 363780592 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03760 FILM NUMBER: 11804732 BUSINESS ADDRESS: STREET 1: 6300 BRIDGEPOINT PARKWAY STREET 2: BUILDING ONE, STE 320 CITY: AUSTIN STATE: TX ZIP: 78730 BUSINESS PHONE: 5127676700 MAIL ADDRESS: STREET 1: 6300 BRIDGEPOINT PARKWAY STREET 2: BUILDING ONE, STE 320 CITY: AUSTIN STATE: TX ZIP: 78730 13F-HR 1 mar201113f.txt 1Q 2011 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31st, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Yacktman Asset Management Co. Address: 6300 Bridgepoint Parkway Building One, Suite 320 Austin, TX 78730 13F File Number: 28-3760 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Kent Arnett Title: Chief Compliance Officer Phone: 512-767-6700 Signature, Place, and Date of Signing: Kent Arnett Austin, TX May 3rd, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 61 Form 13F Information Table Value Total: $7958126 List of Other Included Managers: No. 13F File Number Name FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Altria Group common 02209S103 1325 50901 SH SOLE 50901 American Express Co. common 025816109 12498 276500 SH SOLE 265000 11500 Apollo Group common 037604105 129758 3110949 SH SOLE 3073949 37000 BNY Mellon Corp common 064058100 46244 1548173 SH SOLE 1548173 Bancorp Inc., The common 05969A105 19321 2093312 SH SOLE 1821625 271687 Becton Dickinson common 075887109 107962 1355961 SH SOLE 1315961 40000 Berkshire Hath Cl. A common 084670108 16414 131 SH SOLE 131 Berkshire Hath Cl. B common 084670702 1999 23900 SH SOLE 23900 Block H&R common 093671105 222140 13270038 SH SOLE 13166488 103550 CR Bard Inc. common 067383109 236332 2379738 SH SOLE 2374538 5200 Cisco Systems common 17275R102 188960 11018071 SH SOLE 10997071 21000 Clorox Co. common 189054109 189830 2709142 SH SOLE 2655383 53759 Coca-Cola Co. common 191216100 444301 6696316 SH SOLE 6495151 201165 Colgate Palmolive common 194162103 70794 876600 SH SOLE 876000 600 Comcast Corp. Spl A common 20030N200 205527 8851299 SH SOLE 8740699 110600 ConocoPhillips common 20825C104 326199 4084631 SH SOLE 4066381 18250 Corning Inc. common 219350105 64231 3113495 SH SOLE 3105995 7500 Covidien Plc. common G2554F113 71814 1382626 SH SOLE 1369151 13475 Dell Inc. common 24702R101 15526 1070000 SH SOLE 1070000 Dun & Bradstreet Corp. common 26483E100 3202 39900 SH SOLE 39900 Ebay Inc. common 278642103 55562 1790000 SH SOLE 1790000 Equifax Inc. common 294429105 2055 52900 SH SOLE 52900 Exelon Corp. common 30161N101 874 21200 SH SOLE 21200 Exxon Mobil Corp. common 30231G102 91554 1088248 SH SOLE 1076948 11300 Hewlett-Packard Co. common 428236103 179585 4383335 SH SOLE 4377660 5675 Intel Corp. common 458140100 42744 2119200 SH SOLE 2119200 Johnson & Johnson common 478160104 309174 5218129 SH SOLE 5114264 103865 Kraft Foods, Inc. common 50075n104 863 27519 SH SOLE 27519 Lancaster Colony Corp. common 513847103 48526 800767 SH SOLE 773067 27700 Leucadia Nat'l Corp. common 527288104 4034 107450 SH SOLE 107450 Liberty Media Int. A common 53071M104 69070 4306131 SH SOLE 4179830 126301 Markel Corp. common 570535104 332 800 SH SOLE 800 Medtronic, Inc. common 585055106 15740 400000 SH SOLE 400000 Microsoft Corp. common 594918104 543582 21434638 SH SOLE 21150318 284320 News Corp. Cl. A common 65248E104 1025805 58417160 SH SOLE 58002160 415000 News Corporation common 65248E203 1490 80000 SH SOLE 80000 Patterson Companies common 703395103 16095 500000 SH SOLE 500000 Paychex Inc. common 704326107 678 21600 SH SOLE 21600 PepsiCo Inc. common 713448108 943695 14651370 SH SOLE 14504720 146650 Pfizer Inc. common 717081103 355037 17480878 SH SOLE 17284478 196400 Philip Morris Int'l common 718172109 3387 51601 SH SOLE 51601 Procter & Gamble Co. common 742718109 579213 9402812 SH SOLE 9296015 106797 Resource America Inc. common 761195205 9910 1548420 SH SOLE 1511820 36600 Sara Lee Corp. common 803111103 297 16800 SH SOLE 16800 Stryker Corp. common 863667101 125855 2069988 SH SOLE 2027188 42800 Sysco Corporation common 871829107 301683 10891089 SH SOLE 10815739 75350 TJX Co. common 872540109 502 10100 SH SOLE 10100 Total System Svc. Inc. common 891906109 60885 3378740 SH SOLE 3361540 17200 Toyota Industries ADR common 892330101 36435 1214490 SH SOLE 1214490 U.S. Bancorp common 902973304 202609 7665865 SH SOLE 7642047 23818 United Healthcare common 91324P102 98530 2179878 SH SOLE 2174528 5350 United Parcel Service common 911312106 2185 29404 SH SOLE 29404 Viacom Inc. Cl. A common 92553P102 1182 22175 SH SOLE 22175 Viacom Inc. Cl. B common 92553P201 344096 7396728 SH SOLE 7233903 162825 Wal Mart Stores Inc. common 931142103 96691 1857653 SH SOLE 1802552 55101 Walgreen Co. common 931422109 2212 55100 SH SOLE 55100 Wells Fargo & Co. common 949746101 1068 33700 SH SOLE 14500 19200 Wesco Financial Co. common 950817106 2211 5680 SH SOLE 5680 Western Union Co. common 959802109 3080 148300 SH SOLE 148300 WisdomTree Japan ETF 97717W836 319 7400.000 SH SOLE 7400.000 SLM Corp. Pfd. A 78442P205 4906 113575 SH SOLE 110375 3200