Vulcan Value Partners 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 55 US equity positions worth $10.8bn in its Q4 2018 13F filing. The largest position was HLT at 6.7% of the reported book, followed by QRVO and MA. Against the Q3 2018 filing, it opened 4 new positions, added to 19 and reduced 27 among the top 50 holdings.
What did Vulcan Value Partners own in Q4 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.7% | $725.9m | 10,110,499 | 47% | added |
| 2 | QRVO QORVO INC | Technology | 6.5% | $699.7m | 11,521,778 | 43% | added |
| 3 | MA MASTERCARD INCORPORATED | Financial Services | 6.4% | $692.7m | 3,671,973 | 38% | added |
| 4 | SWKS SKYWORKS SOLUTIONS INC | Technology | 5.9% | $644.4m | 9,614,290 | 39% | added |
| 5 | KKR KKR & CO INC | Financial Services | 5.3% | $576.4m | 29,365,707 | 15% | added |
| 6 | NATIONAL OILWELL VARCO INC | 5.1% | $558.2m | 21,718,101 | 48% | added | |
| 7 | MCK MCKESSON CORP | Healthcare | 4.6% | $496.2m | 4,491,391 | -17% | reduced |
| 8 | GOOG ALPHABET INC | Communication Services | 4.3% | $469.2m | 453,020 | 35% | added |
| 9 | V VISA INC | Financial Services | 4.2% | $452.9m | 3,432,381 | 1% | added |
| 10 | UPS UNITED PARCEL SERVICE INC | Industrials | 4.1% | $442.8m | 4,540,158 | 55% | added |
| 11 | PH PARKER HANNIFIN CORP | Industrials | 3.9% | $427.3m | 2,864,847 | -9% | reduced |
| 12 | TER TERADYNE INC | Technology | 3.6% | $388.2m | 12,371,928 | 120% | added |
| 13 | AMZN AMAZON COM INC | Consumer Cyclical | 3.5% | $381.5m | 254,028 | – | new |
| 14 | ORCL ORACLE CORP | Technology | 3.2% | $343.3m | 7,604,460 | -69% | reduced |
| 15 | MSFT MICROSOFT CORP | Technology | 3.1% | $339.7m | 3,344,742 | – | new |
| 16 | CVS CVS HEALTH CORP | Healthcare | 3.1% | $332.6m | 5,076,516 | -13% | reduced |
| 17 | AXIS CAPITAL HOLDINGS LTD | 3.0% | $325.4m | 6,302,253 | -13% | reduced | |
| 18 | EG EVEREST RE GROUP LTD | Financial Services | 2.9% | $313.4m | 1,439,377 | -23% | reduced |
| 19 | SPGI S&P GLOBAL INC | Financial Services | 2.8% | $304.7m | 1,792,709 | 56% | added |
| 20 | COR AMERISOURCEBERGEN CORP | Healthcare | 2.8% | $298.7m | 4,015,045 | -21% | reduced |
| 21 | STT STATE STR CORP | Financial Services | 2.7% | $292.6m | 4,640,046 | -40% | reduced |
| 22 | META FACEBOOK INC | Communication Services | 2.7% | $289.9m | 2,211,780 | 27% | added |
| 23 | COHR COHERENT INC | Technology | 1.2% | $128.9m | 1,219,217 | 150% | added |
| 24 | JLL JONES LANG LASALLE INC | Real Estate | 1.1% | $117.0m | 924,147 | 28% | added |
| 25 | CWK CUSHMAN WAKEFIELD PLC | Real Estate | 1.0% | $112.9m | 7,804,326 | 1% | added |
| 26 | SOTHEBYS | 0.9% | $94.7m | 2,382,155 | 98% | added | |
| 27 | SNBRQ SLEEP NUMBER CORP | Consumer Cyclical | 0.8% | $86.2m | 2,716,036 | -36% | reduced |
| 28 | ACIW ACI WORLDWIDE INC | Technology | 0.8% | $84.4m | 3,048,475 | -31% | reduced |
| 29 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.6% | $64.5m | 2,012,135 | -20% | reduced |
| 30 | AYI ACUITY BRANDS INC | Industrials | 0.6% | $63.8m | 554,718 | 24% | added |
| 31 | DESPEGAR COM CORP | 0.5% | $52.8m | 4,253,084 | -20% | reduced | |
| 32 | FTDR FRONTDOOR INC | Consumer Cyclical | 0.4% | $38.4m | 1,441,489 | – | new |
| 33 | WCC WESCO INTL INC | Industrials | 0.4% | $38.2m | 795,876 | -6% | reduced |
| 34 | MSM MSC INDL DIRECT INC | Industrials | 0.3% | $35.5m | 461,659 | -26% | reduced |
| 35 | CSL CARLISLE COS INC | Industrials | 0.3% | $34.4m | 342,429 | 27% | added |
| 36 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 0.3% | $31.1m | 391,194 | 83% | added |
| 37 | SABR SABRE CORP | Technology | 0.2% | $27.0m | 1,249,896 | -59% | reduced |
| 38 | WWD WOODWARD INC | Industrials | 0.2% | $22.8m | 306,936 | -33% | reduced |
| 39 | VERSUM MATLS INC | 0.1% | $13.3m | 480,949 | -26% | reduced | |
| 40 | ISHARES TR | 0.0% | $3.4m | 30,490 | – | new | |
| 41 | BNY BANK NEW YORK MELLON CORP | Financial Services | 0.0% | $606.0k | 12,873 | -100% | reduced |
| 42 | NTRS NORTHERN TR CORP | Financial Services | 0.0% | $557.0k | 6,659 | -100% | reduced |
| 43 | SGI TEMPUR SEALY INTL INC | Consumer Cyclical | 0.0% | $115.0k | 2,770 | -100% | reduced |
| 44 | LSTR LANDSTAR SYS INC | Industrials | 0.0% | $72.0k | 752 | -100% | reduced |
| 45 | AVGO BROADCOM INC | Technology | 0.0% | $48.0k | 189 | -100% | reduced |
| 46 | BLK BLACKROCK INC | Financial Services | 0.0% | $40.0k | 102 | -100% | reduced |
| 47 | AZO AUTOZONE INC | Consumer Cyclical | 0.0% | $28.0k | 33 | -78% | reduced |
| 48 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 0.0% | $24.0k | 71 | -74% | reduced |
| 49 | CHH CHOICE HOTELS INTL INC | Consumer Cyclical | 0.0% | $21.0k | 298 | -100% | reduced |
| 50 | CAH CARDINAL HEALTH INC | Healthcare | 0.0% | $21.0k | 472 | -57% | 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.