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Yacktman Takes New Positions In Oracle And Wells Fargo

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Mani
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Yacktman Asset Management in its second quarter 13F filing reported new long positions in Oracle Corporation (NYSE:ORCL) and Wells Fargo & Co (NYSE:WFC).

Yacktman Takes New Positions In Oracle And Wells Fargo

The asset management company’s 13F filing reveals its portfolio value stood at over $21 billion as of June 30, 2013, as it took fresh exposures in two new stocks, while it added 25 stocks of its existing portfolio of stocks. However, the asset management company sold out positions in three stocks.

Yacktman’s fresh positions

Donald Yacktman’s Yacktman Asset Management took a fresh position in the enterprise software major, Oracle Corporation...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports