Vulcan Value Partners 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 45 US equity positions worth $6.6bn in its Q3 2023 13F filing. The largest position was AMZN at 6.9% of the reported book, followed by KKR and MSFT. Against the Q2 2023 filing, it opened 3 new positions, added to 8 and reduced 34 among the top 45 holdings.
What did Vulcan Value Partners own in Q3 2023? Top 45 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 6.9% | $452.4m | 3,557,422 | -19% | reduced |
| 2 | KKR KKR & CO INC | Financial Services | 6.5% | $426.1m | 6,918,569 | -14% | reduced |
| 3 | MSFT MICROSOFT CORP | Technology | 6.5% | $425.4m | 1,346,478 | -23% | reduced |
| 4 | GOOG ALPHABET INC | Communication Services | 6.3% | $416.9m | 3,159,334 | -17% | reduced |
| 5 | CRM SALESFORCE INC | Technology | 5.7% | $372.1m | 1,834,897 | -13% | reduced |
| 6 | TDG TRANSDIGM GROUP INC | Industrials | 5.6% | $364.6m | 432,748 | -31% | reduced |
| 7 | MA MASTERCARD INCORPORATED | Financial Services | 4.9% | $322.4m | 814,320 | -21% | reduced |
| 8 | SWKS SKYWORKS SOLUTIONS INC | Technology | 4.9% | $318.6m | 3,231,693 | -11% | reduced |
| 9 | V VISA INC | Financial Services | 4.6% | $301.0m | 1,308,357 | -14% | reduced |
| 10 | CG CARLYLE GROUP INC | Financial Services | 4.5% | $295.9m | 9,813,179 | -13% | reduced |
| 11 | ARES ARES MANAGEMENT CORPORATION | Financial Services | 3.1% | $206.5m | 2,007,931 | -20% | reduced |
| 12 | CBRE CBRE GROUP INC | Real Estate | 3.0% | $195.9m | 2,653,003 | -12% | reduced |
| 13 | ELV ELEVANCE HEALTH INC | Healthcare | 3.0% | $195.8m | 449,530 | -18% | reduced |
| 14 | QRVO QORVO INC | Technology | 2.9% | $188.6m | 1,975,785 | -14% | reduced |
| 15 | NICE NICE LTD | Technology | 2.7% | $177.5m | 1,043,004 | 23% | added |
| 16 | JLL JONES LANG LASALLE INC | Real Estate | 2.4% | $160.1m | 1,135,507 | -23% | reduced |
| 17 | GE GENERAL ELECTRIC CO | Industrials | 2.1% | $137.5m | 1,243,933 | -34% | reduced |
| 18 | CSGP COSTAR GROUP INC | Real Estate | 2.0% | $132.4m | 1,723,070 | -35% | reduced |
| 19 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 2.0% | $132.3m | 2,518,401 | 59% | added |
| 20 | HEI/A HEICO CORP NEW | 2.0% | $129.5m | 1,002,335 | -14% | reduced | |
| 21 | FISV FISERV INC | 1.4% | $93.7m | 829,535 | 4% | added | |
| 22 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 1.3% | $83.4m | 424,700 | – | new |
| 23 | BALL BALL CORP | Consumer Cyclical | 1.2% | $77.9m | 1,566,086 | -22% | reduced |
| 24 | ABT ABBOTT LABS | Healthcare | 1.1% | $70.3m | 726,165 | -14% | reduced |
| 25 | LFUS LITTELFUSE INC | Technology | 1.0% | $67.8m | 273,969 | -20% | reduced |
| 26 | ABM ABM INDS INC | Industrials | 1.0% | $67.5m | 1,686,407 | 32% | added |
| 27 | UNH UNITEDHEALTH GROUP INC | Healthcare | 1.0% | $62.4m | 123,681 | – | new |
| 28 | AMAT APPLIED MATLS INC | Technology | 0.9% | $59.7m | 430,707 | -56% | reduced |
| 29 | TXN TEXAS INSTRS INC | Technology | 0.8% | $54.8m | 344,797 | – | new |
| 30 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.8% | $53.1m | 1,774,877 | -13% | reduced |
| 31 | CIGI COLLIERS INTL GROUP INC | Real Estate | 0.8% | $52.6m | 552,344 | -9% | reduced |
| 32 | G GENPACT LIMITED | Technology | 0.8% | $50.7m | 1,399,254 | 6% | added |
| 33 | CWK CUSHMAN WAKEFIELD PLC | Real Estate | 0.7% | $48.9m | 6,420,796 | -7% | reduced |
| 34 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 0.7% | $43.2m | 213,940 | -4% | reduced |
| 35 | PK PARK HOTELS & RESORTS INC | Real Estate | 0.6% | $42.6m | 3,459,226 | -3% | reduced |
| 36 | SEALED AIR CORP NEW | 0.6% | $37.6m | 1,144,343 | 44% | added | |
| 37 | MEDP MEDPACE HLDGS INC | Healthcare | 0.5% | $33.9m | 140,119 | -27% | reduced |
| 38 | MLKN MILLERKNOLL INC | Consumer Cyclical | 0.5% | $33.4m | 1,368,007 | -11% | reduced |
| 39 | DUN & BRADSTREET HLDGS INC | 0.5% | $32.6m | 3,264,527 | 179% | added | |
| 40 | PRG PROG HOLDINGS INC | Industrials | 0.5% | $31.9m | 959,208 | -3% | reduced |
| 41 | TKR TIMKEN CO | Industrials | 0.4% | $29.5m | 401,471 | 139% | added |
| 42 | SMRT SMARTRENT INC | 0.4% | $27.2m | 10,431,183 | -2% | reduced | |
| 43 | AYI ACUITY BRANDS INC | Industrials | 0.4% | $25.9m | 152,196 | -1% | reduced |
| 44 | ENS ENERSYS | Industrials | 0.4% | $24.1m | 254,960 | -1% | reduced |
| 45 | CNM CORE & MAIN INC | Industrials | 0.1% | $9.8m | 338,123 | -6% | 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.