ValueAct Capital 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
ValueAct Capital disclosed 23 US equity positions worth $9.6bn in its Q2 2019 13F filing. The largest position was C at 23.0% of the reported book, followed by STX and KKR. Against the Q1 2019 filing, it opened 5 new positions, added to 5 and reduced 6 among the top 23 holdings.
What did ValueAct Capital own in Q2 2019? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | C CITIGROUP INC | Financial Services | 23.0% | $2.2bn | 31,525,500 | 0% | held |
| 2 | STX SEAGATE TECHNOLOGY PLC | Technology | 15.5% | $1.5bn | 31,554,360 | 7% | added |
| 3 | KKR KKR & CO INC | Financial Services | 13.4% | $1.3bn | 50,700,000 | 0% | held |
| 4 | MS MORGAN STANLEY | Financial Services | 12.0% | $1.1bn | 26,228,561 | 0% | held |
| 5 | CBRE CBRE GROUP INC | Real Estate | 7.1% | $678.5m | 13,225,592 | 0% | held |
| 6 | BFH ALLIANCE DATA SYSTEMS CORP | Financial Services | 5.4% | $519.6m | 3,707,646 | -29% | reduced |
| 7 | TRN TRINITY INDS INC | Industrials | 4.7% | $454.4m | 21,900,000 | 0% | held |
| 8 | BHC BAUSCH HEALTH COS INC | Healthcare | 4.7% | $452.2m | 17,931,594 | -1% | reduced |
| 9 | SLM SLM CORP | Financial Services | 4.0% | $380.9m | 39,184,254 | 0% | held |
| 10 | STARS GROUP INC | 2.4% | $232.7m | 13,630,000 | – | new | |
| 11 | ACA ARCOSA INC | Industrials | 1.7% | $159.6m | 4,240,963 | -26% | reduced |
| 12 | AES AES CORP | Utilities | 0.7% | $69.5m | 4,146,500 | 165% | added |
| 13 | PSN PARSONS CORPORATION | Technology | 0.7% | $66.5m | 1,805,000 | – | new |
| 14 | BKNG BOOKING HLDGS INC | Consumer Cyclical | 0.7% | $65.6m | 35,000 | – | new |
| 15 | XPO XPO LOGISTICS INC | Industrials | 0.6% | $57.8m | 1,000,000 | – | new |
| 16 | LIND LINDBLAD EXPEDITIONS HLDGS INC | Consumer Cyclical | 0.6% | $54.1m | 3,012,298 | 4% | added |
| 17 | ENVIVA PARTNERS LP | 0.5% | $52.0m | 1,654,261 | 0% | held | |
| 18 | HE HAWAIIAN ELEC INDUSTRIES | Utilities | 0.5% | $51.2m | 1,175,747 | -18% | reduced |
| 19 | EIX EDISON INTL | Utilities | 0.5% | $47.2m | 700,000 | – | new |
| 20 | STRA STRATEGIC ED INC | Consumer Defensive | 0.4% | $41.6m | 233,765 | -46% | reduced |
| 21 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 0.4% | $34.4m | 1,727,528 | 51% | added |
| 22 | UFI UNIFI INC | Consumer Cyclical | 0.2% | $23.6m | 1,298,402 | 15% | added |
| 23 | ARMSTRONG FLOORING INC | 0.1% | $12.0m | 1,222,756 | -74% | 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.