ValueAct Capital 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
ValueAct Capital disclosed 21 US equity positions worth $8.0bn in its Q4 2018 13F filing. The largest position was C at 20.4% of the reported book, followed by STX and MS. Against the Q3 2018 filing, it opened 4 new positions, added to 11 and reduced 2 among the top 21 holdings.
What did ValueAct Capital own in Q4 2018? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | C CITIGROUP INC | Financial Services | 20.4% | $1.6bn | 31,525,500 | 20% | added |
| 2 | STX SEAGATE TECHNOLOGY PLC | Technology | 13.1% | $1.1bn | 27,295,160 | 3% | added |
| 3 | MS MORGAN STANLEY | Financial Services | 13.0% | $1.0bn | 26,228,561 | 26% | added |
| 4 | KKR KKR & CO INC | Financial Services | 12.4% | $995.2m | 50,700,000 | 2% | added |
| 5 | CBRE CBRE GROUP INC | Real Estate | 9.9% | $797.7m | 19,921,376 | 0% | held |
| 6 | BFH ALLIANCE DATA SYSTEMS CORP | Financial Services | 9.7% | $781.6m | 5,207,646 | -14% | reduced |
| 7 | TRN TRINITY INDS INC | Industrials | 5.6% | $450.9m | 21,900,000 | 2% | added |
| 8 | BHC BAUSCH HEALTH COS INC | Healthcare | 4.1% | $333.1m | 18,033,149 | 0% | held |
| 9 | SLM SLM CORP | Financial Services | 4.1% | $325.6m | 39,184,254 | 0% | held |
| 10 | ACA ARCOSA INC | Industrials | 2.5% | $197.6m | 7,135,963 | – | new |
| 11 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 1.6% | $130.7m | 2,244,910 | -57% | reduced |
| 12 | HE HAWAIIAN ELEC INDUSTRIES | Utilities | 0.7% | $55.2m | 1,507,295 | 26% | added |
| 13 | ARMSTRONG FLOORING INC | 0.7% | $54.6m | 4,614,787 | 0% | held | |
| 14 | STRA STRATEGIC ED INC | Consumer Defensive | 0.6% | $45.9m | 404,741 | 67% | added |
| 15 | LIND LINDBLAD EXPEDITIONS HLDGS I | Consumer Cyclical | 0.4% | $31.0m | 2,300,572 | 36% | added |
| 16 | UFI UNIFI INC | Consumer Cyclical | 0.3% | $25.8m | 1,127,679 | 22% | added |
| 17 | AES AES CORP | Utilities | 0.3% | $22.6m | 1,564,500 | 2% | added |
| 18 | ENVIVA PARTNERS LP | 0.3% | $20.1m | 723,650 | 5% | added | |
| 19 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 0.2% | $13.1m | 180,328 | – | new |
| 20 | ARMK ARAMARK | Industrials | 0.1% | $9.5m | 229,230 | – | new |
| 21 | BE BLOOM ENERGY CORP | Industrials | 0.1% | $4.5m | 250,000 | – | new |
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.