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Yacktman Funds Reduces 16 Positions in Q1 Expecting Market Drop

2016-04-15 23:38:55| Logistics - Topix.net

The Yacktman Fund pared many more holdings than they increased in the first quarter, many of which posted gains year to date, as they gathered cash should more opportunities arise this year. "In early 2016, markets around the globe have begun to collapse and the U.S. stock market posted its worst start of the year in history," their fourth-quarter letter said.

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