Yacktman Takes New Positions In Oracle And Wells Fargo

Yacktman Asset Management in its second quarter 13F filing reported new long positions in Oracle Corporation (NYSE:ORCL) and Wells Fargo & Co (NYSE:WFC). 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 (NYSE:ORCL) buying 20,061,099 shares representing 2.91 percent of its…