Vulcan Value Partners 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 40 US equity positions worth $9.6bn in its Q1 2020 13F filing. The largest position was QRVO at 8.2% of the reported book, followed by SWKS and GOOG. Against the Q4 2019 filing, it opened 4 new positions, added to 20 and reduced 16 among the top 40 holdings.
What did Vulcan Value Partners own in Q1 2020? Top 40 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | QRVO QORVO INC | Technology | 8.2% | $795.7m | 9,868,731 | 20% | added |
| 2 | SWKS SKYWORKS SOLUTIONS INC | Technology | 8.0% | $775.0m | 8,671,296 | 29% | added |
| 3 | GOOG ALPHABET INC | Communication Services | 8.0% | $772.7m | 664,486 | 30% | added |
| 4 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.8% | $658.6m | 9,650,611 | 62% | added |
| 5 | KKR KKR & CO INC | Financial Services | 6.8% | $652.9m | 27,818,177 | -8% | reduced |
| 6 | AMZN AMAZON COM INC | Consumer Cyclical | 5.8% | $561.6m | 288,036 | -12% | reduced |
| 7 | CG CARLYLE GROUP INC | Financial Services | 5.6% | $542.7m | 25,068,029 | – | new |
| 8 | MSFT MICROSOFT CORP | Technology | 5.3% | $510.4m | 3,236,024 | 1% | added |
| 9 | MA MASTERCARD INC | Financial Services | 4.8% | $458.8m | 1,899,314 | -14% | reduced |
| 10 | V VISA INC | Financial Services | 4.5% | $437.2m | 2,713,622 | 3% | added |
| 11 | JLL JONES LANG LASALLE INC | Real Estate | 4.5% | $431.3m | 4,270,978 | 529% | added |
| 12 | ELV ANTHEM INC | Healthcare | 4.1% | $392.7m | 1,729,827 | -7% | reduced |
| 13 | META FACEBOOK INC | Communication Services | 4.0% | $381.4m | 2,286,422 | -8% | reduced |
| 14 | CACC CREDIT ACCEP CORP MICH | Financial Services | 3.8% | $369.4m | 1,444,589 | 343% | added |
| 15 | CVS CVS HEALTH CORP | Healthcare | 3.3% | $315.0m | 5,308,715 | -21% | reduced |
| 16 | NVDA NVIDIA CORP | Technology | 3.2% | $311.6m | 1,182,168 | -60% | reduced |
| 17 | BKNG BOOKING HLDGS INC | Consumer Cyclical | 2.9% | $277.8m | 206,523 | 62% | added |
| 18 | NATIONAL OILWELL VARCO INC | 2.5% | $240.7m | 24,485,057 | -8% | reduced | |
| 19 | ORCL ORACLE CORP | Technology | 1.8% | $177.1m | 3,664,073 | -37% | reduced |
| 20 | EG EVEREST RE GROUP LTD | Financial Services | 1.0% | $96.8m | 503,105 | -51% | reduced |
| 21 | CWK CUSHMAN WAKEFIELD PLC | Real Estate | 0.9% | $86.4m | 7,360,539 | 4% | added |
| 22 | COHR COHERENT INC | Technology | 0.4% | $40.1m | 376,788 | -46% | reduced |
| 23 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 0.4% | $35.5m | 1,127,529 | 209% | added |
| 24 | PK PARK HOTELS RESORTS INC | Real Estate | 0.4% | $35.4m | 4,477,579 | 396% | added |
| 25 | ENS ENERSYS | Industrials | 0.4% | $34.1m | 687,984 | 7% | added |
| 26 | MLKN MILLER HERMAN INC | Consumer Cyclical | 0.3% | $31.1m | 1,400,999 | – | new |
| 27 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.3% | $30.6m | 2,151,806 | 29% | added |
| 28 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 0.3% | $29.2m | 383,582 | 15% | added |
| 29 | MMI MARCUS & MILLICHAP INC | Real Estate | 0.3% | $28.5m | 1,052,425 | 19% | added |
| 30 | CR CRANE CO | Industrials | 0.3% | $25.9m | 527,108 | 39% | added |
| 31 | AXIS CAPITAL HOLDINGS LTD | 0.3% | $25.4m | 656,625 | 6% | added | |
| 32 | ACIW ACI WORLDWIDE INC | Technology | 0.2% | $20.5m | 850,001 | -18% | reduced |
| 33 | LFUS LITTELFUSE INC | Technology | 0.2% | $19.6m | 146,725 | 32% | added |
| 34 | AYI ACUITY BRANDS INC | Industrials | 0.2% | $19.1m | 222,672 | -13% | reduced |
| 35 | KNL KNOLL INC | 0.2% | $15.8m | 1,532,045 | – | new | |
| 36 | TEXAS PAC LD TR | 0.1% | $11.9m | 31,320 | 72% | added | |
| 37 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.0% | $101.0k | 1,344 | -100% | reduced |
| 38 | WWD WOODWARD INC | Industrials | 0.0% | $6.0k | 100 | -79% | reduced |
| 39 | WELBILT INC | 0.0% | $5.0k | 1,000 | – | new | |
| 40 | BARNES GROUP INC | 0.0% | $1.0k | 30 | -100% | 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.