ValueAct Capital 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
ValueAct Capital disclosed 16 US equity positions worth $4.2bn in its Q1 2011 13F filing. The largest position was VALEANT PHARMACEUTICALS INTL at 23.2% of the reported book, followed by SARA LEE CORP and BARD C R INC. Against the Q4 2010 filing, it opened 4 new positions, added to 1 and reduced 8 among the top 16 holdings.
What did ValueAct Capital own in Q1 2011? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | VALEANT PHARMACEUTICALS INTL | 23.2% | $976.0m | 19,593,482 | -27% | reduced | |
| 2 | SARA LEE CORP | 11.5% | $484.2m | 27,404,523 | -22% | reduced | |
| 3 | BARD C R INC | 10.9% | $458.2m | 4,611,139 | 0% | held | |
| 4 | VRSN VERISIGN INC | Technology | 8.6% | $363.8m | 10,046,369 | -11% | reduced |
| 5 | WILLIS GROUP HOLDINGS PUBLIC | 8.2% | $346.2m | 8,578,410 | -1% | reduced | |
| 6 | IT GARTNER INC | Technology | 7.0% | $295.4m | 7,090,013 | -58% | reduced |
| 7 | MCO MOODYS CORP | Financial Services | 6.7% | $280.6m | 8,274,860 | 35% | added |
| 8 | MSI MOTOROLA CORP | Technology | 4.2% | $178.3m | 3,990,500 | – | new |
| 9 | SNA SNAP ON INC | Industrials | 4.1% | $172.6m | 2,874,180 | -30% | reduced |
| 10 | ALERE INC | 4.0% | $166.8m | 4,260,497 | -14% | reduced | |
| 11 | IMMUCOR INC | 3.5% | $149.2m | 7,540,665 | 0% | held | |
| 12 | CEPHALON INC | 3.5% | $145.7m | 1,914,816 | – | new | |
| 13 | FLIR FLIR SYSTEMS INC | 2.2% | $91.1m | 2,631,205 | – | new | |
| 14 | NYT NEW YORK TIMES CO | Communication Services | 1.6% | $66.3m | 7,000,000 | 0% | held |
| 15 | ADBE ADOBE SYSTEMS INC | Technology | 0.5% | $20.8m | 625,900 | – | new |
| 16 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 0.3% | $13.9m | 908,828 | -60% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.