ValueAct Capital 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
ValueAct Capital disclosed 22 US equity positions worth $9.3bn in its Q3 2019 13F filing. The largest position was C at 20.9% of the reported book, followed by STX and KKR. Against the Q2 2019 filing, it opened 2 new positions, added to 7 and reduced 7 among the top 22 holdings.
What did ValueAct Capital own in Q3 2019? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | C CITIGROUP INC | Financial Services | 20.9% | $1.9bn | 28,025,500 | -11% | reduced |
| 2 | STX SEAGATE TECHNOLOGY PLC | Technology | 18.3% | $1.7bn | 31,554,360 | 0% | held |
| 3 | KKR KKR & CO INC | Financial Services | 13.9% | $1.3bn | 48,100,000 | -5% | reduced |
| 4 | MS MORGAN STANLEY | Financial Services | 10.2% | $949.4m | 22,250,000 | -15% | reduced |
| 5 | CBRE CBRE GROUP INC | Real Estate | 5.8% | $542.1m | 10,225,592 | -23% | reduced |
| 6 | LKQ LKQ CORP | Consumer Cyclical | 5.4% | $504.2m | 16,032,718 | – | new |
| 7 | BFH ALLIANCE DATA SYSTEMS CORP | Financial Services | 5.1% | $475.1m | 3,707,646 | 0% | held |
| 8 | TRN TRINITY INDS INC | Industrials | 4.8% | $444.0m | 22,561,698 | 3% | added |
| 9 | BHC BAUSCH HEALTH COS INC | Healthcare | 4.2% | $391.8m | 17,931,594 | 0% | held |
| 10 | SLM SLM CORP | Financial Services | 3.7% | $345.8m | 39,184,254 | 0% | held |
| 11 | STARS GROUP INC | 2.2% | $204.2m | 13,630,000 | 0% | held | |
| 12 | HE HAWAIIAN ELEC INDUSTRIES | Utilities | 0.8% | $73.9m | 1,620,747 | 38% | added |
| 13 | AES AES CORP | Utilities | 0.8% | $71.0m | 4,346,500 | 5% | added |
| 14 | STRA STRATEGIC ED INC | Consumer Defensive | 0.7% | $68.0m | 500,765 | 114% | added |
| 15 | ENVIVA PARTNERS LP | 0.7% | $67.2m | 2,104,261 | 27% | added | |
| 16 | ACA ARCOSA INC | Industrials | 0.6% | $54.0m | 1,577,265 | -63% | reduced |
| 17 | LIND LINDBLAD EXPEDITIONS HLDGS I | Consumer Cyclical | 0.5% | $47.9m | 2,860,188 | -5% | reduced |
| 18 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 0.5% | $42.9m | 2,240,000 | 30% | added |
| 19 | UFI UNIFI INC | Consumer Cyclical | 0.3% | $31.1m | 1,417,054 | 9% | added |
| 20 | PCG PG&E CORP | Utilities | 0.2% | $14.4m | 1,444,800 | – | new |
| 21 | PSN PARSONS CORPORATION | Technology | 0.1% | $9.8m | 298,000 | -83% | reduced |
| 22 | ARMSTRONG FLOORING INC | 0.1% | $7.8m | 1,222,756 | 0% | held |
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.