# EDGAR Filing Document

**Accession Number:** 0001089951
**File Stem:** 0001752724-25-212679
**Filing Date:** 2025-8
**Character Count:** 24410
**Document Hash:** aa94db6458a8d4844a4a149210332c01
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212679.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212679

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**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:** 251278625

**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 Fund (Series ID: S000037566)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000115981 | Class I      | YACKX           |

## 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 Fund

- **b. EDGAR series identifier (if any):** S000037566

- **c. LEI of Series:** 5493005QFA4FOX5V4S61

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $6737583585.00

**Total Liabilities:** $13225499.01

**Net Assets:** $6724358085.99

**Cash Not Reported:** $1429629.92

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000115981 | -1.32%               | 3.93%                | 3.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $70788513.88             | $-167763705.05                             |
| Month 2  | $51024341.90             | $192907994.45                              |
| Month 3  | $23850965.93             | $164792612.06                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| STATE STREET CORP                        | STATE STREET CORP                        | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    900000 | NS      | $95706000.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd           | Canadian Natural Resources Ltd           | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |  11400000 | NS      | $357960000.00 | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                   | UnitedHealth Group Inc                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    120000 | NS      | $37436400.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                                | News Corp                                | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |   4900000 | NS      | $145628000.00 | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  68000000 | PA      | $66077300.00  | 0.98%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| U-Haul Holding Co                        | U-Haul Holding Co                        | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |    300000 | NS      | $18168000.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| GRAFTECH FINANCE INC                     | GrafTech Finance Inc                     | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |    800000 | PA      | $548000.00    | 0.01%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                  | PROCTER & GAMBLE CO/THE                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   1230000 | NS      | $195963600.00 | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                    | Northrop Grumman Corp                    | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |    130000 | NS      | $64997400.00  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc           | Armstrong World Industries Inc           | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    650000 | NS      | $105586000.00 | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP/THE         | BANK OF NEW YORK MELLON CORP             | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    300000 | NS      | $27333000.00  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                        | Talen Energy Corp                        | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    400000 | NS      | $116308000.00 | 1.73%             |  |  |  | No            |                  1 | On Loan: —       |
| Hyundai Motor Co                         | Hyundai Motor Co                         | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    400000 | NS      | $46973486.76  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Fox Corp                                 | Fox Corp                                 | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |   1500000 | NS      | $84060000.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP                             | COMCAST CORP-CLASS A                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1100000 | NS      | $39259000.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE OF WISCONSIN INVESTMENT BOARD      | STATE OF WISCONSIN INVESTMENT BOARD      | CUSIP: 000000000<br>LEI: VY0GIYI3352UC4XOP168 | Long             | RA               | CORP              | US        |   1890919 | PA      | $1890919.00   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc                  | Darling Ingredients Inc                  | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |   1005000 | NS      | $38129700.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CITADEL SECURITIES LLC                   | CITADEL SECURITIES LLC                   | CUSIP: 000000000<br>LEI: 12UUJYTN7D3SW8KCSG25 | Long             | RA               | CORP              | US        |   2006191 | PA      | $2006191.00   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources Inc                        | EOG Resources Inc                        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    800000 | NS      | $95688000.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                | L3Harris Technologies Inc                | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |    320000 | NS      | $80268800.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIWA CAPITAL MARKETS AMERICA INC.       | DAIWA CAPITAL MARKETS AMERICA INC        | CUSIP: 000000000<br>LEI: M67H5PRC0NQKM73ZAS82 | Long             | RA               | CORP              | US        |   1669292 | PA      | $1669292.00   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingredion Inc                            | Ingredion Inc                            | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |    950000 | NS      | $128839000.00 | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                   | Berkshire Hathaway Inc                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    220000 | NS      | $106869400.00 | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| COLGATE-PALMOLIVE CO                     | COLGATE-PALMOLIVE CO                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    700000 | NS      | $63630000.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                                 | eBay Inc                                 | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |   1150000 | NS      | $85629000.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corp                         | Samsung C&T Corp                         | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |   1000000 | NS      | $119183017.22 | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Warner Bros Discovery Inc                | Warner Bros Discovery Inc                | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |   4400000 | NS      | $50424000.00  | 0.75%             |  |  |  | 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        | 151209490 | NS      | $151209490.04 | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                              | Brenntag SE                              | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |   1500000 | NS      | $99374955.89  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                  | Charles Schwab Corp/The                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   2750000 | NS      | $250910000.00 | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CANTOR FITZGERALD SECURITIES             | CANTOR FITZGERALD SECURITIES             | CUSIP: 000000000<br>LEI: 549300DWZ3YOKJO5X179 | Long             | RA               | CORP              | US        |   2006191 | PA      | $2006191.00   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co                         | Hyundai Motor Co                         | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    523882 | NS      | $59824342.88  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.            | DEUTSCHE BANK SECURITIES INC             | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Long             | RA               | CORP              | US        |    452721 | PA      | $452721.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Embecta Corp                             | Embecta Corp                             | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |   1600000 | NS      | $15504000.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  74000000 | PA      | $72308650.08  | 1.08%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KT&G Corp                                | KT&G Corp                                | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |    650000 | NS      | $61351236.68  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                           | MICROSOFT CORP                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    650000 | NS      | $323316500.00 | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                                | Olin Corp                                | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |   2205000 | NS      | $44298450.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTHEM INC                               | ANTHEM INC                               | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    290000 | NS      | $112798400.00 | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                   | Diamondback Energy Inc                   | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |    710000 | NS      | $97554000.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA CO/THE                         | COCA-COLA CO/THE                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |   1300000 | NS      | $91975000.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                           | ConocoPhillips                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   1050000 | NS      | $94227000.00  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  82000000 | PA      | $81104341.88  | 1.21%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                              | PEPSICO INC                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |   1200000 | NS      | $158448000.00 | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd               | Samsung Electronics Co Ltd               | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |  11800000 | NS      | $432881980.53 | 6.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Walt Disney Co/The                       | Walt Disney Co/The                       | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    900000 | NS      | $111609000.00 | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                             | Alphabet Inc                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    740000 | NS      | $131268600.00 | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd               | Samsung Electronics Co Ltd               | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |   1600000 | NS      | $70754594.33  | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FIXED INCOME CLEARING CORPORATION        | FIXED INCOME CLEARING CORPORATION        | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        | 158171000 | PA      | $158171000.00 | 2.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Cognizant Technology Solutions           | Cognizant Technology Solutions Corp      | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |   2100000 | NS      | $163863000.00 | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Bollore SE                               | Bollore SE                               | CUSIP: 000000000<br>LEI: 969500LEKCHH6VV86P94 | Long             | EC               | CORP              | FR        |  88500000 | NS      | $556257677.87 | 8.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Sysco Corp                               | Sysco Corp                               | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    920000 | NS      | $69680800.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                             | Reliance Inc                             | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |    510000 | NS      | $160089000.00 | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                            | United States Treasury Bill              | CUSIP: 912797QX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  67000000 | PA      | $64557354.20  | 0.96%             | 2026-06-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| U-Haul Holding Co                        | U-Haul Holding Co                        | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |   2950000 | NS      | $160391500.00 | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                               | Kenvue Inc                               | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   5000000 | NS      | $104650000.00 | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                          | Tyson Foods Inc                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |   1400000 | NS      | $78316000.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                 | Fox Corp                                 | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |   3100000 | NS      | $160053000.00 | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Mobis Co Ltd                     | Hyundai Mobis Co Ltd                     | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |   1000000 | NS      | $212148205.39 | 3.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                     | Lockheed Martin Corp                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |    140000 | NS      | $64839600.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| GrafTech International Ltd               | GrafTech International Ltd               | CUSIP: 384313508<br>LEI: 549300GY32W00XP57351 | Long             | EC               | CORP              | US        |   7000000 | NS      | $6808200.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                        | JOHNSON & JOHNSON                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    767682 | NS      | $117263425.50 | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** AMG Funds

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer