Vulcan Value Partners 13F holdings, Q4 2016
Holdings as of December 31, 2016 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 54 US equity positions worth $11.2bn in its Q4 2016 13F filing. The largest position was ORCL at 7.8% of the reported book, followed by NATIONAL OILWELL VARCO INC and AXIS CAPITAL HOLDINGS LTD. Against the Q3 2016 filing, it opened 7 new positions, added to 14 and reduced 27 among the top 50 holdings.
What did Vulcan Value Partners own in Q4 2016? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2016 |
|---|---|---|---|---|---|---|---|
| 1 | ORCL ORACLE CORP | Technology | 7.8% | $870.3m | 22,633,884 | 1% | added |
| 2 | NATIONAL OILWELL VARCO INC | 5.4% | $610.1m | 16,295,053 | -11% | reduced | |
| 3 | AXIS CAPITAL HOLDINGS LTD | 4.6% | $518.5m | 7,943,351 | -5% | reduced | |
| 4 | MCK MCKESSON CORP | Healthcare | 4.3% | $486.1m | 3,461,194 | 105% | added |
| 5 | ELV ANTHEM INC | Healthcare | 3.9% | $438.5m | 3,050,319 | -4% | reduced |
| 6 | EG EVEREST RE GROUP LTD | Financial Services | 3.8% | $428.7m | 1,981,260 | -4% | reduced |
| 7 | COR AMERISOURCEBERGEN CORP | Healthcare | 3.8% | $425.4m | 5,440,860 | 251% | added |
| 8 | CVS CVS HEALTH CORP | Healthcare | 3.7% | $420.9m | 5,334,307 | – | new |
| 9 | MA MASTERCARD INCORPORATED | Financial Services | 3.5% | $394.8m | 3,823,683 | -2% | reduced |
| 10 | DISCOVERY COMMUNICATNS NEW | 3.4% | $385.9m | 14,410,942 | -3% | reduced | |
| 11 | STT STATE STR CORP | Financial Services | 3.4% | $378.2m | 4,865,592 | -7% | reduced |
| 12 | V VISA INC | Financial Services | 3.4% | $377.6m | 4,839,570 | 2% | added |
| 13 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 3.2% | $363.1m | 13,350,701 | – | new |
| 14 | CAH CARDINAL HEALTH INC | Healthcare | 2.8% | $311.8m | 4,332,718 | – | new |
| 15 | QRVO QORVO INC | Technology | 2.7% | $306.0m | 5,803,082 | 21% | added |
| 16 | SWKS SKYWORKS SOLUTIONS INC | Technology | 2.6% | $296.6m | 3,972,476 | -21% | reduced |
| 17 | FOSL FOSSIL GROUP INC | Consumer Cyclical | 2.6% | $294.0m | 11,369,693 | -1% | reduced |
| 18 | BA BOEING CO | Industrials | 2.6% | $289.6m | 1,860,523 | -35% | reduced |
| 19 | BNY BANK NEW YORK MELLON CORP | Financial Services | 2.5% | $280.2m | 5,913,757 | -34% | reduced |
| 20 | CBRE CBRE GROUP INC | Real Estate | 2.1% | $236.5m | 7,509,946 | – | new |
| 21 | DIS DISNEY WALT CO | Communication Services | 2.0% | $227.0m | 2,177,854 | -1% | reduced |
| 22 | BEN FRANKLIN RES INC | Financial Services | 1.9% | $213.8m | 5,400,910 | -62% | reduced |
| 23 | INTERCONTINENTAL HOTELS GROU | 1.8% | $199.4m | 4,497,395 | – | new | |
| 24 | CSCO CISCO SYS INC | Technology | 1.6% | $177.4m | 5,871,339 | -11% | reduced |
| 25 | AETNA INC NEW | 1.5% | $173.0m | 1,394,753 | -5% | reduced | |
| 26 | SABR SABRE CORP | Technology | 1.5% | $166.3m | 6,665,950 | 3% | added |
| 27 | ACIW ACI WORLDWIDE INC | Technology | 1.5% | $166.2m | 9,154,653 | 1% | added |
| 28 | PH PARKER HANNIFIN CORP | Industrials | 1.4% | $158.3m | 1,130,421 | -63% | reduced |
| 29 | ASPEN INSURANCE HOLDINGS LTD | 1.3% | $149.6m | 2,720,329 | 0% | held | |
| 30 | TIME WARNER INC | 1.3% | $144.4m | 1,495,709 | -33% | reduced | |
| 31 | SELECT COMFORT CORP | 1.2% | $136.5m | 6,033,958 | 78% | added | |
| 32 | JLL JONES LANG LASALLE INC | Real Estate | 1.1% | $124.8m | 1,234,908 | 123% | added |
| 33 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 1.1% | $120.7m | 1,022,759 | 0% | held |
| 34 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.9% | $95.6m | 597,494 | -36% | reduced |
| 35 | NAVIGATORS GROUP INC | 0.8% | $94.6m | 803,053 | -2% | reduced | |
| 36 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.8% | $91.4m | 3,448,782 | -3% | reduced |
| 37 | LA QUINTA HLDGS INC | 0.7% | $80.2m | 5,642,199 | -27% | reduced | |
| 38 | SOTHEBYS | 0.7% | $79.9m | 2,005,014 | 1% | added | |
| 39 | SBH SALLY BEAUTY HLDGS INC | Consumer Cyclical | 0.6% | $61.9m | 2,341,677 | 87% | added |
| 40 | FWRD FORWARD AIR CORP | Industrials | 0.4% | $50.1m | 1,056,435 | 1% | added |
| 41 | ENS ENERSYS | Industrials | 0.4% | $43.8m | 560,445 | -39% | reduced |
| 42 | LNN LINDSAY CORP | Industrials | 0.4% | $43.4m | 581,585 | -43% | reduced |
| 43 | ACTUANT CORP | 0.4% | $40.5m | 1,562,633 | -28% | reduced | |
| 44 | NAVIGANT CONSULTING INC | 0.3% | $38.3m | 1,461,066 | -23% | reduced | |
| 45 | CEB INC | 0.3% | $33.8m | 557,940 | – | new | |
| 46 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 0.3% | $33.2m | 591,473 | – | new |
| 47 | MLKN MILLER HERMAN INC | Consumer Cyclical | 0.3% | $32.5m | 949,701 | 17% | added |
| 48 | TUP TUPPERWARE BRANDS CORP | 0.3% | $31.3m | 594,451 | 1% | added | |
| 49 | 8TG THERMON GROUP HLDGS INC | 0.3% | $29.3m | 1,535,371 | -13% | reduced | |
| 50 | WWD WOODWARD INC | Industrials | 0.2% | $26.5m | 383,721 | -70% | 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.