# EDGAR Filing Document

**Accession Number:** 0001089951
**File Stem:** 0000940400-26-008540
**Filing Date:** 2026-2
**Character Count:** 20663
**Document Hash:** 73f2298fbc1ec2242ff81a59fd6d09d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008540.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000940400-26-008540

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG FUNDS
- **CENTRAL INDEX KEY:** 0001089951

**ORGANIZATION NAME:**
- **EIN:** 061555943
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09521
- **FILM NUMBER:** 26685368

**BUSINESS ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 2032993500

**MAIL ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGERS AMG FUNDS
- **DATE OF NAME CHANGE:** 19990706

## Series and Classes Contracts Data

### AMG Yacktman Focused Fund (Series ID: S000037565)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000115978 | Class N      | YAFFX           |
| C000115979 | Class I      | YAFIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** AMG Funds

- **b. Investment Company Act file number:** 811-09521

- **c. CIK number of Registrant:** 0001089951

- **d. LEI of Registrant:** 54930020IDQ6ZIPGNH13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 680 Washington Blvd.

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

  - **Telephone number:** 800-548-4539

**Item A.2. Information about the Series.**

- **a. Name of Series:** AMG Yacktman Focused Fund

- **b. EDGAR series identifier (if any):** S000037565

- **c. LEI of Series:** 549300CQ470A18W1Q189

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2670879846.47

**Total Liabilities:** $2886849.94

**Net Assets:** $2667992996.53

**Cash Not Reported:** $1244.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000115978 | 4.83%                | -1.99%               | 5.70%                |
| Class ID C000115979 | 4.85%                | -1.95%               | 5.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11922621.51             | $117385006.78                              |
| Month 2  | $7241425.87              | $-61491973.60                              |
| Month 3  | $42359094.12             | $89338513.23                               |

### Schedule of Portfolio Investments

| Name                                     | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ConocoPhillips                           | ConocoPhillips                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    230000 | NS      | $21530300.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                                | News Corp                                | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |   1250000 | NS      | $32650000.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co                        | U-Haul Holding Co                        | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |   1640000 | NS      | $76653600.00  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co                         | Hyundai Motor Co                         | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    630000 | NS      | $90286393.29  | 3.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                   | Diamondback Energy Inc                   | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |    150000 | NS      | $22549500.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                              | Brenntag SE                              | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |    550000 | NS      | $31924254.94  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingredion Inc                            | Ingredion Inc                            | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |    300000 | NS      | $33078000.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                 | Fox Corp                                 | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |   1400000 | NS      | $90902000.00  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                | L3Harris Technologies Inc                | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     75000 | NS      | $22017750.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                 | eBay Inc                                 | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    270000 | NS      | $23517000.00  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                       | Walt Disney Co/The                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    240000 | NS      | $27304800.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan US Government Money Market Fund | JPMorgan US Government Money Market Fund | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |  54076825 | NS      | $54076825.40  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nihon Parkerizing Co Ltd                 | Nihon Parkerizing Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1868100 | NS      | $16999609.14  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797QX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $25597789.62  | 0.96%             | 2026-06-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LLC                   | CITADEL SECURITIES LLC                   | CUSIP: 000000000<br>LEI: 12UUJYTN7D3SW8KCSG25 | Long             | RA               | CORP              | US        |     66000 | PA      | $66000.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $25806426.88  | 0.97%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bollore SE                               | Bollore SE                               | CUSIP: 000000000<br>LEI: 969500LEKCHH6VV86P94 | Long             | EC               | CORP              | FR        |  41000000 | NS      | $230421602.67 | 8.64%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29000000 | PA      | $28942751.97  | 1.08%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                | Olin Corp                                | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    995000 | NS      | $20725850.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                              | PepsiCo Inc                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    460000 | NS      | $66019200.00  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                           | Microsoft Corp                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    220000 | NS      | $106396400.00 | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc                | Warner Bros Discovery Inc                | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    400000 | NS      | $11528000.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                             | Alphabet Inc                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    150000 | NS      | $47070000.00  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                        | EOG Resources Inc                        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    170000 | NS      | $17851700.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuasa Trading Co Ltd                     | Yuasa Trading Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    800000 | NS      | $27264782.02  | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Inc                             | Reliance Inc                             | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     95000 | NS      | $27442650.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd               | Samsung Electronics Co Ltd               | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |   7000000 | NS      | $434495710.89 | 16.29%            |  |  |  | No            |                  2 | On Loan: No      |
| KT&G Corp                                | KT&G Corp                                | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |    550000 | NS      | $54253583.70  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                 | GrafTech Global Enterprises Inc          | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15200000 | PA      | $13224000.00  | 0.50%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                  | Procter & Gamble Co/The                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    380000 | NS      | $54457800.00  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                     | Lockheed Martin Corp                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     45000 | NS      | $21765150.00  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions           | Cognizant Technology Solutions Corp      | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    550000 | NS      | $45650000.00  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Home Shopping Network            | Hyundai Home Shopping Network Corp       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    439418 | NS      | $16773739.31  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                    | Northrop Grumman Corp                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     35000 | NS      | $19957350.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                          | Tyson Foods Inc                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    590000 | NS      | $34585800.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corp                         | Samsung C&T Corp                         | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |    318839 | NS      | $52956999.11  | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797SA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $25337840.84  | 0.95%             | 2026-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                         | Coca-Cola Co/The                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    380000 | NS      | $26565800.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd           | Canadian Natural Resources Ltd           | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   6400000 | NS      | $216640000.00 | 8.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                        | Johnson & Johnson                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    270000 | NS      | $55876500.00  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LG H&H Co Ltd                            | LG H&H Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | KR        |    118000 | NS      | $9290310.18   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                     | GrafTech Finance Inc                     | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |  17800000 | PA      | $13216500.00  | 0.50%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                  | Charles Schwab Corp/The                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    820000 | NS      | $81926200.00  | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY MELLON, NATIONAL ASSOCIATION         | FICC                                     | CUSIP: 000000000<br>LEI: 4EP6JBYBTPTQ47LZOB67 | Long             | RA               | CORP              | US        |  55078000 | PA      | $55078000.00  | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Amorepacific Corp                        | Amorepacific Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | KR        |    250000 | NS      | $7580542.05   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST MARKETS SECURITIES INC.          | NATWEST MARKETS SECURITIES INC           | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | Long             | RA               | CORP              | US        |      4785 | PA      | $4785.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co                         | Hyundai Motor Co                         | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    418620 | NS      | $61844735.83  | 2.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenvue Inc                               | Kenvue Inc                               | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   1850000 | NS      | $31912500.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie de L'Odet SE                         | Cie de L'Odet SE                         | CUSIP: 000000000<br>LEI: 9695005PEG4IL375U849 | Long             | EC               | CORP              | FR        |     12846 | NS      | $20231872.79  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Mobis Co Ltd                     | Hyundai Mobis Co Ltd                     | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |    450000 | NS      | $116766622.70 | 4.38%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** AMG Funds

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer