Yacktman Asset Management Significantly Reduces Booking Holdings Inc. Position

Yacktman Asset Management (Trades, Portfolio) recently submitted its 13F filing for the fourth quarter of 2024, revealing strategic adjustments in its investment portfolio. Based in Austin, Texas, Yacktman Asset Management (Trades, Portfolio) is renowned for its value equity investing approach. The firm emphasizes an objective, patient, and diligent investment strategy, aiming to achieve superior returns over a full market cycle. The firm is led by a team of partners, including Chief Investment Officer Stephen Yacktman, and maintains operational autonomy despite being an affiliate of Affiliated Managers Group, Inc. (AMG). Yacktman Asset Management (Trades, Portfolio) focuses on acquiring securities that offer an attractive rate of return relative to their risk, employing a generalist approach where analysts cover the entire investment universe. The firm prioritizes companies with good business models, shareholder-oriented management, and low purchase prices.