In a recent 13F filing, Yacktman Asset Management disclosed a new stake in Broadridge Financial Solutions, Inc. (BR) valued at $120.31 million. The filing, which reflects holdings as of June 30, 2026, showed the firm acquired 878,522 shares, constituting 1.49% of their reported portfolio.
This move was confirmed in the AMG Yacktman Focused Fund's second-quarter 2026 commentary, where it was noted that Broadridge was one of two new smaller positions added. The firm stated that they acquired the position after the stock, along with other software companies, traded down due to concerns about the potential risks of AI. As with all 13F filings, this represents a delayed look at the firm's portfolio and does not reflect trading activity after the reporting period.