WhaleCreep

Vulcan Value Partners 13F holdings, Q4 2012

Long-only investorSEC filingsCompare with another fundHoldings as of 2012-12-31, filed 2013-02-06

Vulcan Value Partners disclosed 37 US equity positions worth $915.5m in its Q4 2012 13F filing. Its largest position is AAPL at 7.0% of the reported book, followed by EG and BNY. Versus Q3 2012 it opened 4 new positions, added to 29, reduced 4 and exited 14.

$916m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
37
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.0%
Largest position
The largest single position as a share of the reported equity book.
53.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
63
Quarters on file since Q4 2010
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2012: 4 new, 29 added, 4 reduced, 14 exited

37 rows
AAPL APPLE INCTechnology7.0%$64.1m120,430+127%added
EG EVEREST GROUP LTDFinancial Services5.8%$53.2m483,809+44%added
BNY BANK OF NY MELLON CORPFinancial Services5.8%$53.0m2.06m+26%added
NDAQ NASDAQ INCFinancial Services5.7%$52.2m2.09m+47%added
DOV DOVER CORPIndustrials5.3%$48.1m731,659+30%added
ORCL ORACLE CORPTechnology5.2%$48.0m1.44m+30%added
CME CME GROUP INCFinancial Services5.1%$46.3m913,217+40%added
DIS DISNEY WALT COCommunication Services5.0%$46.0m922,910+36%added
INTERCONTINENTAL HTLS GRP PL no ticker–4.4%$40.3m1.45m–new
CSCO CISCO SYS INCTechnology4.4%$40.0m2.04m+32%added
MA MASTERCARD INCFinancial Services4.3%$39.4m80,096+54%added
PH PARKER-HANNIFIN CORPIndustrials4.3%$39.3m462,072+42%added
UTXZ UNITED TECHNOLOGIES CORP–3.7%$34.1m416,388+31%added
KO COCA COLA COConsumer Defensive3.6%$32.7m901,218+37%added
V VISA INCFinancial Services3.4%$31.4m207,328−13%reduced
CB CHUBB CORPFinancial Services3.0%$27.3m362,127−3.6%reduced
EVEUR EATON VANCE CORP–2.9%$26.1m819,432+43%added
CHECK POINT SOFTWARE TECH LT no ticker–2.8%$25.7m539,324–new
NETSPEND HLDGS INC no ticker–2.1%$19.3m1.63m+49%added
DUN & BRADSTREET CORP DEL NE no ticker–2.0%$18.6m236,912+266%added
ICONIX BRAND GROUP INC no ticker–1.8%$16.7m747,299+57%added
NEUSTAR INC no ticker–1.2%$11.4m271,676+87%added
NAVIGATORS GROUP INC no ticker–1.2%$11.0m215,240+89%added
JANUS CAP GROUP INC no ticker–1.1%$10.3m1.20m+112%added
TUP TUPPERWARE BRANDS CORP–1.1%$9.9m154,669+68%added
AIMCUSD ALTRA INDL MOTION CORP–1.1%$9.8m442,899+81%added
FICO FAIR ISAAC CORPTechnology0.9%$8.4m200,960+101%added
ITRN ITURAN LOCATION AND CONTROLTechnology0.8%$7.5m555,983+94%added
LECO LINCOLN ELEC HLDGS INCIndustrials0.8%$7.5m153,350+56%added
CW CURTISS WRIGHT CORPIndustrials0.8%$7.5m226,992–new
JAHEUR JARDEN CORP–0.8%$7.4m143,079−17%reduced
IEX IDEX CORPIndustrials0.7%$6.1m131,525+71%added
INTERVAL LEISURE GROUP INC no ticker–0.5%$4.8m248,374+84%added
SONIC CORP no ticker–0.5%$4.8m459,515+76%added
NATH NATHANS FAMOUS INCConsumer Cyclical0.3%$2.8m83,894−38%reduced
WIFI BOINGO WIRELESS INC–0.3%$2.5m328,877–new
PRA PROASSURANCE CORP–0.2%$2.2m52,388+311%added

Exited since Q3 2012

14 rows
D INTERCONTINENTAL HOTELS GROU no ticker4.8%$29.7m
TOWERS WATSON & CO no ticker1.4%$8.6m
IWV ISHARES TR0.6%$3.5m
IWM ISHARES TR0.2%$1.1m
JNJ JOHNSON & JOHNSON0.03%$190k
INTC INTEL CORP0.03%$170k
PG PROCTER & GAMBLE CO0.03%$161k
EXMOC EXXON MOBIL CORP0.03%$160k
PEP PEPSICO INC0.03%$155k
SLB SLB LIMITED0.02%$148k
TROW PRICE T ROWE GROUP INC0.02%$139k
PM PHILIP MORRIS INTL INC0.02%$94.0k
MO ALTRIA GROUP INC0.01%$68.0k
SJM SMUCKER J M CO0.01%$59.0k

Sector mix

  • Financial Services33.1%
  • Unclassified27.8%
  • Technology18.4%
  • Industrials11.8%
  • Communication Services5.0%
  • Consumer Defensive3.6%
  • Consumer Cyclical0.3%

Book over time

Every quarter on file (63)
QuarterPositionsEquity book
Q2 202636$3.3bn
Q1 202633$3.8bn
Q4 202541$5.5bn
Q3 202540$5.5bn
Q2 202538$5.7bn
Q1 202539$5.3bn
Q4 202449$6.0bn
Q3 202443$6.0bn
Q2 202445$7.1bn
Q1 202446$6.9bn
Q4 202346$6.8bn
Q3 202345$6.6bn
Q2 202344$8.0bn
Q1 202343$7.9bn
Q4 202241$7.4bn
Q3 202237$8.5bn
Q2 202239$10.2bn
Q1 202235$16.3bn
Q4 202139$19.6bn
Q3 202140$18.6bn
Q2 202138$18.4bn
Q1 202140$16.9bn
Q4 202038$15.5bn
Q3 202040$12.9bn
Q2 202042$12.7bn
Q1 202040$9.6bn
Q4 201954$13.0bn
Q3 201950$11.8bn
Q2 201958$11.2bn
Q1 201954$11.6bn
Q4 201855$10.8bn
Q3 201855$13.7bn
Q2 201857$12.9bn
Q1 201852$12.4bn
Q4 201757$12.2bn
Q3 201752$11.7bn
Q2 201751$11.2bn
Q1 201755$11.6bn
Q4 201654$11.2bn
Q3 201658$10.9bn
Q2 201655$10.2bn
Q1 201655$11.1bn
Q4 201570$10.8bn
Q3 201555$10.3bn
Q2 201561$10.6bn
Q1 201563$10.0bn
Q4 201466$8.8bn
Q3 201475$7.0bn
Q2 2014102$6.8bn
Q1 201461$5.7bn
Q4 201352$4.8bn
Q3 201353$3.3bn
Q2 201354$2.3bn
Q1 201341$1.4bn
Q4 201237$916m
Q3 201247$619m
Q2 201235$355m
Q1 201231$251m
Q4 201132$196m
Q3 201134$205m
Q2 201132$147m
Q1 201133$105m
Q4 201033$81.9m

Where Vulcan Value Partners was early

65 rows
DOV DOVER CORPQ1 20111 of 1331.7%7.8%22Exited by Q3 2016+27%
ITRN ITURAN LOCATION AND CONTROLQ2 20112 of 461.8%1.8%61Held at last filing, Q2 2026+333%
AAPL APPLE INCQ2 201121 of 2752.0%9.3%20Exited by Q2 2016+127%
NDSN NORDSON CORPQ3 20111 of 1121.3%1.3%10Exited by Q1 2016+61%
PH Parker-Hannifin CorpQ3 20113 of 1523.8%7.3%34Exited by Q1 2020+226%
UTXZ UNITED TECHNOLOGIES CORPQ3 20115 of 1145.1%5.9%19Exited by Q2 2018+79%
BNY BANK NEW YORK MELLON CORPQ3 20118 of 1543.4%7.7%32Exited by Q3 2019+137%
V VISA INCQ3 201121 of 2846.7%6.7%60Held at last filing, Q2 2026+1501%
TUP TUPPERWARE BRANDS CORPQ2 20121 of 700.7%1.1%25Exited by Q3 2018−25%
CME CME GROUP INCQ2 20125 of 1616.3%6.3%9Exited by Q1 2015+65%
ORCL ORACLE CORPQ2 201213 of 2566.1%9.8%34Exited by Q4 2020+101%
TROW PRICE T ROWE GROUP INCQ3 20128 of 1200.02%2.1%9Exited by Q4 2016+5.1%
CW CURTISS WRIGHT CORPQ4 20121 of 1360.8%1.0%22Exited by Q2 2023+437%
WLY JOHN WILEY & SONS INCQ1 20131 of 830.8%1.2%4Exited by Q1 2014+42%
RVTY PERKIN-ELMER INCQ1 20136 of 1130.7%1.6%4Exited by Q1 2014+23%
ACIW ACI WORLDWIDE INCQ2 20131 of 1051.7%2.5%30Exited by Q4 2020+69%
CHE CHEMED CORP NEWQ2 20131 of 1111.4%2.1%10Exited by Q4 2016+95%
UTI UNIVERSAL TECHNICAL INST INCQ2 20131 of 951.2%1.2%7Exited by Q1 2015−4.7%
LYV LIVE NATION ENTERTAINMENT INQ2 20137 of 2161.2%4.5%10Exited by Q1 2025+735%
BEN FRANKLIN RES INCQ2 20139 of 1173.0%5.0%15Exited by Q1 2017−13%
QCOM QUALCOMM INCQ2 201318 of 2462.9%3.9%14Exited by Q4 2016+12%
LNN LINDSAY CORPQ3 20131 of 770.6%1.7%19Exited by Q2 2018+12%
NSP INSPERITY INCQ3 20131 of 1000.4%1.2%6Exited by Q1 2015−9.9%
MAR MARRIOTT INTL INC NEWQ4 20134 of 1823.0%3.6%18Exited by Q1 2025+465%
EBAY EBAY INCQ4 201319 of 1863.6%4.0%6Exited by Q1 2016+19%
VRTS VIRTUS INVT PARTNERS INCQ1 20141 of 720.8%1.1%48Exited by Q1 2026−5.8%
ENS ENERSYSQ1 20142 of 1020.6%1.0%35Exited by Q1 2025+33%
NUS NU SKIN ENTERPRISES INCQ1 20145 of 951.1%2.3%10Exited by Q3 2016−44%
VZ VERIZON COMMUNICATIONS INCQ1 201412 of 1801.6%2.5%8Exited by Q1 2016−2.8%
SABR Sabre CorpQ2 20142 of 1581.5%3.3%20Exited by Q1 2020+12%
FFIV F5 NETWORKS INCQ2 20147 of 1410.0%2.7%3Exited by Q4 2015+3.9%
STT STATE STR CORPQ2 201412 of 1391.9%4.7%21Exited by Q3 2019−17%
FOSL FOSSIL GROUP INCQ3 20143 of 871.8%4.7%11Exited by Q2 2017−81%
CL COLGATE PALMOLIVE COQ3 20145 of 1311.0%1.1%4Exited by Q3 2015+0.3%
BA BOEING COQ3 201412 of 2212.5%4.4%12Exited by Q3 2017+55%
MSM MSC Industrial Direct Co IncQ4 20144 of 1141.5%2.7%18Exited by Q1 2020−3.4%
ELV ELEVANCE HEALTH INC FORMERLYQ4 20145 of 2271.7%4.3%44Held at last filing, Q2 2026+208%
HLT HILTON WORLDWIDE HLDGS INCQ1 201622 of 2252.3%6.8%21Exited by Q2 2021+162%
JLL JONES LANG LASALLE INCQ2 20167 of 1330.5%4.7%40Held at last filing, Q2 2026+218%
COR AmerisourceBergen CorpQ2 201614 of 1580.3%5.7%15Exited by Q1 2020+7.2%
SWKS SKYWORKS SOLUTIONS INCQ3 20167 of 1543.5%8.0%37Exited by Q4 2025+1.1%
QRVO QORVO INCQ3 20168 of 1732.5%8.2%40Held at last filing, Q2 2026+67%
UNH UNITEDHEALTH GROUP INCQ3 201623 of 2991.2%7.5%16Held at last filing, Q2 2026+197%
CAH CARDINAL HEALTH INCQ4 20169 of 1262.8%3.0%11Exited by Q3 2019−35%
CBRE CBRE GROUP INCQ4 201615 of 1582.1%4.5%24Exited by Q3 2025+345%
NTRS NORTHERN TR CORPQ1 20179 of 1171.3%2.0%10Exited by Q3 2019+4.0%
MCO MOODYS CORPQ1 201717 of 1761.6%1.8%10Exited by Q3 2019+74%
SPGI S&P Global IncQ1 201719 of 2471.4%3.3%12Exited by Q1 2020+109%
CACC CREDIT ACCEP CORP MICHQ2 201711 of 1020.5%4.2%10Exited by Q4 2020+32%
SNBRQ SLEEP NUMBER CORPQ4 20171 of 951.3%1.3%12Exited by Q1 2023−31%

Concentration and tenure

7.5%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
54.2%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters