Donald Yacktman’s Focused Adds JNJ, Sysco, Drops TSS

Donald Yacktman's fund, Yacktman Focused, has climbed to new heights in the first quarter of 2012 adding no new companies to the portfolio but making some key increases in it's holdings. The buys made in the period up to March were in several quarters such as household goods, like Johnson & Johnson (NYSE:JNJ), media companies, like Viacom Inc. (NYSE:VIA.B) and educational service providers, like the Apollo Group Inc. (NASDAQ:APOL). The fund's portfolio is now worth $5.02 billion up from a 2011 close of $3.82 billion.

The only sell recorded in...