ValueAct Capital 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
ValueAct Capital disclosed 20 US equity positions worth $9.1bn in its Q1 2019 13F filing. The largest position was C at 21.6% of the reported book, followed by STX and KKR. Against the Q4 2018 filing, it opened 1 new position, added to 5 and reduced 4 among the top 20 holdings.
What did ValueAct Capital own in Q1 2019? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | C CITIGROUP INC | Financial Services | 21.6% | $2.0bn | 31,525,500 | 0% | held |
| 2 | STX SEAGATE TECHNOLOGY PLC | Technology | 15.5% | $1.4bn | 29,520,160 | 8% | added |
| 3 | KKR KKR & CO INC | Financial Services | 13.1% | $1.2bn | 50,700,000 | 0% | held |
| 4 | MS MORGAN STANLEY | Financial Services | 12.2% | $1.1bn | 26,228,561 | 0% | held |
| 5 | BFH ALLIANCE DATA SYSTEMS CORP | Financial Services | 10.0% | $911.2m | 5,207,646 | 0% | held |
| 6 | CBRE CBRE GROUP INC | Real Estate | 7.2% | $653.8m | 13,221,376 | -34% | reduced |
| 7 | TRN TRINITY INDS INC | Industrials | 5.2% | $475.9m | 21,900,000 | 0% | held |
| 8 | BHC BAUSCH HEALTH COS INC | Healthcare | 4.9% | $445.4m | 18,033,149 | 0% | held |
| 9 | SLM SLM CORP | Financial Services | 4.3% | $388.3m | 39,184,254 | 0% | held |
| 10 | ACA ARCOSA INC | Industrials | 1.9% | $175.4m | 5,740,963 | -20% | reduced |
| 11 | ARMSTRONG FLOORING INC | 0.7% | $62.8m | 4,614,787 | 0% | held | |
| 12 | HE HAWAIIAN ELEC INDUSTRIES | Utilities | 0.6% | $58.1m | 1,425,747 | -5% | reduced |
| 13 | STRA STRATEGIC ED INC | Consumer Defensive | 0.6% | $57.3m | 436,241 | 8% | added |
| 14 | ENVIVA PARTNERS LP | 0.6% | $53.4m | 1,654,261 | 129% | added | |
| 15 | LIND LINDBLAD EXPEDITIONS HLDGS I | Consumer Cyclical | 0.5% | $44.1m | 2,890,831 | 26% | added |
| 16 | AES AES CORP | Utilities | 0.3% | $28.3m | 1,564,500 | 0% | held |
| 17 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 0.3% | $24.7m | 1,142,528 | 534% | added |
| 18 | UFI UNIFI INC | Consumer Cyclical | 0.2% | $21.9m | 1,130,902 | 0% | held |
| 19 | PCG PG&E CORP | Utilities | 0.2% | $17.8m | 1,000,000 | – | new |
| 20 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 0.1% | $5.1m | 63,910 | -97% | 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.