Vulcan Value Partners 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 43 US equity positions worth $7.9bn in its Q1 2023 13F filing. The largest position was MSFT at 7.9% of the reported book, followed by AMZN and TDG. Against the Q4 2022 filing, it opened 5 new positions, added to 16 and reduced 21 among the top 43 holdings.
What did Vulcan Value Partners own in Q1 2023? Top 43 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 7.9% | $624.8m | 2,167,530 | 5% | added |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 6.8% | $536.8m | 5,198,557 | 3% | added |
| 3 | TDG TRANSDIGM GROUP INC | Industrials | 6.4% | $509.7m | 691,165 | -17% | reduced |
| 4 | CRM SALESFORCE INC | Technology | 6.1% | $486.0m | 2,433,975 | -12% | reduced |
| 5 | KKR KKR & CO INC | Financial Services | 5.6% | $441.8m | 8,414,914 | -6% | reduced |
| 6 | GOOG ALPHABET INC | Communication Services | 5.6% | $438.8m | 4,217,585 | 7% | added |
| 7 | SWKS SKYWORKS SOLUTIONS INC | Technology | 5.4% | $424.7m | 3,600,740 | -9% | reduced |
| 8 | MA MASTERCARD INCORPORATED | Financial Services | 5.0% | $396.8m | 1,091,549 | -22% | reduced |
| 9 | CG CARLYLE GROUP INC | Financial Services | 4.5% | $358.6m | 11,553,844 | -9% | reduced |
| 10 | V VISA INC | Financial Services | 4.5% | $357.6m | 1,585,095 | -9% | reduced |
| 11 | GE GENERAL ELECTRIC CO | Industrials | 3.2% | $252.7m | 2,642,436 | -53% | reduced |
| 12 | QRVO QORVO INC | Technology | 3.2% | $251.2m | 2,474,029 | -9% | reduced |
| 13 | ARES ARES MANAGEMENT CORPORATION | Financial Services | 2.9% | $231.6m | 2,778,272 | 23% | added |
| 14 | AMAT APPLIED MATLS INC | Technology | 2.9% | $227.1m | 1,849,486 | -15% | reduced |
| 15 | CSGP COSTAR GROUP INC | Real Estate | 2.7% | $213.1m | 3,094,970 | 15% | added |
| 16 | CBRE CBRE GROUP INC | Real Estate | 2.6% | $206.8m | 2,839,774 | -9% | reduced |
| 17 | NICE NICE LTD | Technology | 2.6% | $205.2m | 897,419 | 3% | added |
| 18 | JLL JONES LANG LASALLE INC | Real Estate | 2.6% | $204.8m | 1,407,528 | 4% | added |
| 19 | ELV ELEVANCE HEALTH INC | Healthcare | 2.4% | $187.1m | 406,001 | 29% | added |
| 20 | HEI/A HEICO CORP NEW | 2.1% | $169.4m | 1,246,114 | -11% | reduced | |
| 21 | LRCX LAM RESEARCH CORP | Technology | 1.9% | $153.6m | 290,012 | -13% | reduced |
| 22 | BALL BALL CORP | Consumer Cyclical | 1.5% | $117.7m | 2,135,098 | -11% | reduced |
| 23 | LFUS LITTELFUSE INC | Technology | 1.2% | $98.6m | 367,827 | -8% | reduced |
| 24 | ABT ABBOTT LABS | Healthcare | 1.2% | $91.8m | 906,307 | 1% | added |
| 25 | CWK CUSHMAN WAKEFIELD PLC | Real Estate | 1.0% | $77.7m | 7,372,334 | -3% | reduced |
| 26 | UPS UNITED PARCEL SERVICE INC | Industrials | 0.9% | $74.4m | 383,604 | – | new |
| 27 | ABM ABM INDS INC | Industrials | 0.8% | $60.1m | 1,337,959 | 12% | added |
| 28 | CIGI COLLIERS INTL GROUP INC | Real Estate | 0.7% | $59.0m | 559,265 | -4% | reduced |
| 29 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.7% | $52.2m | 2,397,492 | -1% | reduced |
| 30 | PK PARK HOTELS & RESORTS INC | Real Estate | 0.6% | $47.9m | 3,871,859 | 1% | added |
| 31 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 0.5% | $43.4m | 227,701 | 2% | added |
| 32 | MEDP MEDPACE HLDGS INC | Healthcare | 0.5% | $41.5m | 220,571 | 44% | added |
| 33 | ENS ENERSYS | Industrials | 0.5% | $41.0m | 472,309 | -3% | reduced |
| 34 | SMRT SMARTRENT INC | 0.4% | $35.2m | 13,791,927 | 2% | added | |
| 35 | FWRD FORWARD AIR CORP | Industrials | 0.4% | $31.5m | 292,427 | 29% | added |
| 36 | MLKN MILLERKNOLL INC | Consumer Cyclical | 0.4% | $31.0m | 1,515,868 | 24% | added |
| 37 | PRG PROG HOLDINGS INC | Industrials | 0.3% | $25.6m | 1,075,773 | 0% | held |
| 38 | CNM CORE & MAIN INC | Industrials | 0.3% | $22.6m | 979,179 | – | new |
| 39 | SEALED AIR CORP NEW | 0.3% | $21.7m | 473,615 | – | new | |
| 40 | TKR TIMKEN CO | Industrials | 0.3% | $20.3m | 248,580 | -27% | reduced |
| 41 | CRNC CERENCE INC | Technology | 0.2% | $13.7m | 488,634 | -41% | reduced |
| 42 | AYI ACUITY BRANDS INC | Industrials | 0.2% | $12.5m | 68,365 | – | new |
| 43 | CW CURTISS WRIGHT CORP | Industrials | 0.1% | $5.2m | 29,370 | – | 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.