Vulcan Value Partners 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 54 US equity positions worth $13.0bn in its Q4 2019 13F filing. The largest position was QRVO at 7.4% of the reported book, followed by KKR and SWKS. Against the Q3 2019 filing, it opened 9 new positions, added to 18 and reduced 21 among the top 50 holdings.
What did Vulcan Value Partners own in Q4 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | QRVO Qorvo Inc | Technology | 7.4% | $959.1m | 8,252,167 | -29% | reduced |
| 2 | KKR KKR & Co Inc | Financial Services | 6.7% | $878.5m | 30,115,654 | 4% | added |
| 3 | SWKS Skyworks Solutions Inc | Technology | 6.2% | $814.3m | 6,736,585 | -27% | reduced |
| 4 | NVDA NVIDIA Corp | Technology | 5.4% | $699.5m | 2,972,747 | -26% | reduced |
| 5 | GOOG Alphabet Inc | Communication Services | 5.3% | $684.2m | 511,769 | 4% | added |
| 6 | National Oilwell Varco Inc | 5.1% | $665.9m | 26,584,279 | -3% | reduced | |
| 7 | HLT Hilton Worldwide Holdings Inc | Consumer Cyclical | 5.1% | $661.6m | 5,965,477 | 22% | added |
| 8 | MA Mastercard Inc | Financial Services | 5.0% | $656.5m | 2,198,612 | 25% | added |
| 9 | AMZN Amazon.com Inc | Consumer Cyclical | 4.7% | $607.7m | 328,879 | 7% | added |
| 10 | ELV Anthem Inc | Healthcare | 4.3% | $563.4m | 1,865,275 | 6% | added |
| 11 | META Facebook Inc | Communication Services | 3.9% | $511.0m | 2,489,654 | 52% | added |
| 12 | MSFT Microsoft Corp | Technology | 3.9% | $503.7m | 3,194,179 | 11% | added |
| 13 | CVS CVS Health Corp | Healthcare | 3.8% | $496.4m | 6,681,892 | -24% | reduced |
| 14 | V Visa Inc | Financial Services | 3.8% | $494.4m | 2,631,001 | 7% | added |
| 15 | MAR Marriott International Inc/MD | Consumer Cyclical | 3.6% | $475.4m | 3,139,170 | 116% | added |
| 16 | MCK McKesson Corp | Healthcare | 2.4% | $315.1m | 2,278,129 | -27% | reduced |
| 17 | ORCL Oracle Corp | Technology | 2.4% | $308.9m | 5,831,073 | 3% | added |
| 18 | EG Everest Re Group Ltd | Financial Services | 2.2% | $282.5m | 1,020,284 | -9% | reduced |
| 19 | COR AmerisourceBergen Corp | Healthcare | 2.1% | $278.7m | 3,277,878 | -5% | reduced |
| 20 | BKNG Booking Holdings Inc | Consumer Cyclical | 2.0% | $261.6m | 127,387 | -2% | reduced |
| 21 | UPS United Parcel Service Inc | Industrials | 2.0% | $258.8m | 2,210,690 | -22% | reduced |
| 22 | SPGI S&P Global Inc | Financial Services | 1.7% | $227.1m | 831,837 | -30% | reduced |
| 23 | Brookfield Asset Management In | 1.6% | $213.2m | 3,688,222 | -3% | reduced | |
| 24 | CWK Cushman & Wakefield PLC | Real Estate | 1.1% | $144.5m | 7,070,340 | 5% | added |
| 25 | CACC Credit Acceptance Corp | Financial Services | 1.1% | $144.2m | 326,037 | – | new |
| 26 | JLL Jones Lang LaSalle Inc | Real Estate | 0.9% | $118.3m | 679,293 | -2% | reduced |
| 27 | COHR Coherent Inc | Technology | 0.9% | $115.8m | 696,036 | -13% | reduced |
| 28 | SNBRQ Sleep Number Corp | Consumer Cyclical | 0.6% | $78.5m | 1,595,206 | 34% | added |
| 29 | Carlyle Group LP/The | 0.5% | $71.1m | 2,216,343 | – | new | |
| 30 | ENS EnerSys | Industrials | 0.4% | $48.0m | 641,305 | -0% | held |
| 31 | ITRN Ituran Location and Control Lt | Technology | 0.3% | $41.9m | 1,668,154 | 8% | added |
| 32 | VRTS Virtus Investment Partners Inc | Financial Services | 0.3% | $40.8m | 334,876 | 5% | added |
| 33 | ACIW ACI Worldwide Inc | Technology | 0.3% | $39.1m | 1,031,959 | -40% | reduced |
| 34 | SABR Sabre Corp | Technology | 0.3% | $36.9m | 1,646,494 | 118% | added |
| 35 | Axis Capital Holdings Ltd | 0.3% | $36.8m | 618,966 | -83% | reduced | |
| 36 | AYI Acuity Brands Inc | Industrials | 0.3% | $35.1m | 254,580 | -32% | reduced |
| 37 | MMI Marcus & Millichap Inc | Real Estate | 0.3% | $33.0m | 885,408 | 23% | added |
| 38 | CR Crane Co | Industrials | 0.3% | $32.7m | 378,284 | -10% | reduced |
| 39 | CSL Carlisle Cos Inc | Industrials | 0.2% | $26.6m | 164,484 | 0% | held |
| 40 | PK Park Hotels & Resorts Inc | Real Estate | 0.2% | $23.4m | 903,224 | – | new |
| 41 | MSM MSC Industrial Direct Co Inc | Industrials | 0.2% | $23.1m | 294,874 | -38% | reduced |
| 42 | WH Wyndham Hotels & Resorts Inc | Consumer Cyclical | 0.2% | $22.9m | 365,147 | 93% | added |
| 43 | LFUS Littelfuse Inc | Technology | 0.2% | $21.3m | 111,417 | – | new |
| 44 | WCC WESCO International Inc | Industrials | 0.2% | $20.7m | 349,133 | -65% | reduced |
| 45 | FTDR frontdoor Inc | Consumer Cyclical | 0.1% | $17.1m | 360,558 | – | new |
| 46 | Texas Pacific Land Trust | 0.1% | $14.3m | 18,242 | – | new | |
| 47 | CDK CDK Global Inc | 0.1% | $13.4m | 245,638 | -67% | reduced | |
| 48 | Barnes Group Inc | 0.1% | $10.6m | 170,841 | – | new | |
| 49 | iShares Russell 1000 Value ETF | 0.0% | $2.1m | 15,632 | – | new | |
| 50 | iShares Russell 2000 Value ETF | 0.0% | $736.0k | 5,723 | – | new |
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.