Footprints Asset Management & Research

Footprints uses a concentrated, owner's-earnings approach that treats public stocks like private businesses. The firm targets companies with durable competitive advantages that generate high returns on tangible capital, buying during temporary dislocations. Holding periods stretch well beyond the industry average — low turnover and high conviction define the portfolio.

Brian Yacktman is the son of Don Yacktman, founder of Yacktman Asset Management and a widely followed value investor. The younger Yacktman absorbed the same high-quality, long-horizon philosophy but applied it to smaller-cap companies. Footprints operates independently from the Yacktman franchise, with no shared parent or pooled economics, but the analytical DNA — emphasis on owner's earnings, capital returns, and management alignment — is a direct intellectual descendent of that tradition.

Yes. Footprints manages separate accounts alongside its two mutual funds, executing the same concentrated, low-turnover equity strategy across all vehicles. The separate account platform serves institutional and high-net-worth clients seeking direct portfolio ownership rather than pooled fund exposure.

Idea generation is rooted in behavioral filtering — the team screens for companies hit by short-term earnings misses, sector rotation, or regulatory noise that obscures durable business quality. The research process relies on fundamental analysis of financial statements, management track records, and industry structures rather than sell-side research or macroeconomic calls.