WhaleCreep

Vulcan Value Partners 13F holdings, Q3 2024

Long-only investorSEC filingsCompare with another fundHoldings as of 2024-09-30, filed 2024-11-13

Vulcan Value Partners disclosed 43 US equity positions worth $6.0bn in its Q3 2024 13F filing. Its largest position is AMZN at 7.1% of the reported book, followed by SWKS and CRM. Versus Q2 2024 it opened 1 new position, added to 4, reduced 38 and exited 3.

$6.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.1%
Largest position
The largest single position as a share of the reported equity book.
56.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
23
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
63
Quarters on file since Q4 2010
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2024: 1 new, 4 added, 38 reduced, 3 exited

43 rows
AMZN AMAZON COM INCConsumer Cyclical7.1%$425m2.28m−8.4%reduced
SWKS SKYWORKS SOLUTIONS INCTechnology6.8%$405m4.10m−9.3%reduced
CRM SALESFORCE INCTechnology6.4%$380m1.39m−6.0%reduced
MSFT MICROSOFT CORPTechnology5.9%$354m822,173−0.6%reduced
CSGP COSTAR GROUP INCReal Estate5.6%$334m4.43m+7.0%added
MA MASTERCARD INCFinancial Services5.3%$318m643,679−6.6%reduced
GOOG ALPHABET INCCommunication Services5.3%$315m1.89m−4.8%reduced
CG CARLYLE GROUP INCFinancial Services4.9%$292m6.79m−9.4%reduced
TDG TRANSDIGM GROUP INCIndustrials4.7%$278m195,116−12%reduced
LYV LIVE NATION ENTERTAINMENT INCommunication Services4.5%$270m2.46m−8.6%reduced
V VISA INCFinancial Services4.4%$262m953,316−6.6%reduced
CBRE CBRE GROUP INCReal Estate4.1%$244m1.96m−26%reduced
KKR KKR & CO INCFinancial Services4.1%$242m1.85m−37%reduced
NICE NICE LTDTechnology2.9%$174m1.00m−16%reduced
QRVO QORVO INCTechnology2.9%$173m1.68m−21%reduced
ELV ELEVANCE HEALTH INCHealthcare2.4%$145m279,285−19%reduced
JLL JONES LANG LASALLE INCReal Estate2.1%$126m468,134−50%reduced
HEI/A HEICO CORP NEW–1.9%$114m560,263−24%reduced
KMX CARMAX INCConsumer Cyclical1.9%$111m1.44m−21%reduced
ARES ARES MANAGEMENT CORPORATIONFinancial Services1.8%$106m682,442−40%reduced
EG EVEREST GROUP LTDFinancial Services1.7%$101m258,141–new
SSNC SS&C TECHNOLOGIES HLDGS INCTechnology1.7%$99.1m1.34m−30%reduced
FISV FISERV INC–1.3%$79.8m444,232−26%reduced
CIGI COLLIERS INTL GROUP INCReal Estate1.0%$58.7m386,904−15%reduced
LFUS LITTELFUSE INCTechnology1.0%$57.5m216,944−10%reduced
CWK CUSHMAN WAKEFIELD PLCReal Estate0.9%$55.6m4.08m−14%reduced
ABM ABM INDS INCIndustrials0.9%$55.4m1.05m−10%reduced
G GENPACT LIMITEDTechnology0.9%$54.2m1.38m−12%reduced
ABT ABBOTT LABORATORIESHealthcare0.7%$44.2m388,122−22%reduced
DNB DUN & BRADSTREET HLDGS INC–0.6%$34.7m3.01m−42%reduced
ITRN ITURAN LOCATION AND CONTROLTechnology0.5%$32.7m1.22m−14%reduced
MAR MARRIOTT INTL INC NEWConsumer Cyclical0.5%$30.3m121,872−13%reduced
SEE1GBP SEALED AIR CORP NEW–0.5%$28.9m795,595−9.5%reduced
MLKN MILLERKNOLL INCConsumer Cyclical0.5%$27.7m1.11m−4.6%reduced
VRTS VIRTUS INVT PARTNERS INCFinancial Services0.4%$24.1m115,077−11%reduced
PRG PROG HOLDINGS INCIndustrials0.4%$22.5m463,066−41%reduced
TKR TIMKEN COIndustrials0.3%$19.0m225,386−12%reduced
PK PARK HOTELS & RESORTS INCReal Estate0.3%$18.8m1.31m+42%added
MEDP MEDPACE HLDGS INCHealthcare0.3%$15.4m46,101+19%added
CCK CROWN HLDGS INCConsumer Cyclical0.2%$14.3m149,619−18%reduced
AYI ACUITY INCIndustrials0.2%$12.7m46,148+66%added
ENS ENERSYSIndustrials0.2%$12.3m120,533−13%reduced
SMRT SMARTRENT INCTechnology0.06%$3.4m1.96m−78%reduced

Exited since Q2 2024

3 rows
UNH UNITEDHEALTH GROUP INC1.2%$85.1m
SBUX STARBUCKS CORP0.7%$50.7m
PLNT PLANET FITNESS INC0.1%$7.2m

Sector mix

  • Technology29.0%
  • Financial Services22.5%
  • Real Estate14.0%
  • Consumer Cyclical10.2%
  • Communication Services9.8%
  • Industrials6.7%
  • Unclassified4.3%
  • Healthcare3.4%

Book over time

Every quarter on file (63)
QuarterPositionsEquity book
Q2 202636$3.3bn
Q1 202633$3.8bn
Q4 202541$5.5bn
Q3 202540$5.5bn
Q2 202538$5.7bn
Q1 202539$5.3bn
Q4 202449$6.0bn
Q3 202443$6.0bn
Q2 202445$7.1bn
Q1 202446$6.9bn
Q4 202346$6.8bn
Q3 202345$6.6bn
Q2 202344$8.0bn
Q1 202343$7.9bn
Q4 202241$7.4bn
Q3 202237$8.5bn
Q2 202239$10.2bn
Q1 202235$16.3bn
Q4 202139$19.6bn
Q3 202140$18.6bn
Q2 202138$18.4bn
Q1 202140$16.9bn
Q4 202038$15.5bn
Q3 202040$12.9bn
Q2 202042$12.7bn
Q1 202040$9.6bn
Q4 201954$13.0bn
Q3 201950$11.8bn
Q2 201958$11.2bn
Q1 201954$11.6bn
Q4 201855$10.8bn
Q3 201855$13.7bn
Q2 201857$12.9bn
Q1 201852$12.4bn
Q4 201757$12.2bn
Q3 201752$11.7bn
Q2 201751$11.2bn
Q1 201755$11.6bn
Q4 201654$11.2bn
Q3 201658$10.9bn
Q2 201655$10.2bn
Q1 201655$11.1bn
Q4 201570$10.8bn
Q3 201555$10.3bn
Q2 201561$10.6bn
Q1 201563$10.0bn
Q4 201466$8.8bn
Q3 201475$7.0bn
Q2 2014102$6.8bn
Q1 201461$5.7bn
Q4 201352$4.8bn
Q3 201353$3.3bn
Q2 201354$2.3bn
Q1 201341$1.4bn
Q4 201237$916m
Q3 201247$619m
Q2 201235$355m
Q1 201231$251m
Q4 201132$196m
Q3 201134$205m
Q2 201132$147m
Q1 201133$105m
Q4 201033$81.9m

Where Vulcan Value Partners was early

65 rows
DOV DOVER CORPQ1 20111 of 1331.7%7.8%22Exited by Q3 2016+27%
ITRN ITURAN LOCATION AND CONTROLQ2 20112 of 461.8%1.8%61Held at last filing, Q2 2026+333%
AAPL APPLE INCQ2 201121 of 2752.0%9.3%20Exited by Q2 2016+127%
NDSN NORDSON CORPQ3 20111 of 1121.3%1.3%10Exited by Q1 2016+61%
PH Parker-Hannifin CorpQ3 20113 of 1523.8%7.3%34Exited by Q1 2020+226%
UTXZ UNITED TECHNOLOGIES CORPQ3 20115 of 1145.1%5.9%19Exited by Q2 2018+79%
BNY BANK NEW YORK MELLON CORPQ3 20118 of 1543.4%7.7%32Exited by Q3 2019+137%
V VISA INCQ3 201121 of 2846.7%6.7%60Held at last filing, Q2 2026+1501%
TUP TUPPERWARE BRANDS CORPQ2 20121 of 700.7%1.1%25Exited by Q3 2018−25%
CME CME GROUP INCQ2 20125 of 1616.3%6.3%9Exited by Q1 2015+65%
ORCL ORACLE CORPQ2 201213 of 2566.1%9.8%34Exited by Q4 2020+101%
TROW PRICE T ROWE GROUP INCQ3 20128 of 1200.02%2.1%9Exited by Q4 2016+5.1%
CW CURTISS WRIGHT CORPQ4 20121 of 1360.8%1.0%22Exited by Q2 2023+437%
WLY JOHN WILEY & SONS INCQ1 20131 of 830.8%1.2%4Exited by Q1 2014+42%
RVTY PERKIN-ELMER INCQ1 20136 of 1130.7%1.6%4Exited by Q1 2014+23%
ACIW ACI WORLDWIDE INCQ2 20131 of 1051.7%2.5%30Exited by Q4 2020+69%
CHE CHEMED CORP NEWQ2 20131 of 1111.4%2.1%10Exited by Q4 2016+95%
UTI UNIVERSAL TECHNICAL INST INCQ2 20131 of 951.2%1.2%7Exited by Q1 2015−4.7%
LYV LIVE NATION ENTERTAINMENT INQ2 20137 of 2161.2%4.5%10Exited by Q1 2025+735%
BEN FRANKLIN RES INCQ2 20139 of 1173.0%5.0%15Exited by Q1 2017−13%
QCOM QUALCOMM INCQ2 201318 of 2462.9%3.9%14Exited by Q4 2016+12%
LNN LINDSAY CORPQ3 20131 of 770.6%1.7%19Exited by Q2 2018+12%
NSP INSPERITY INCQ3 20131 of 1000.4%1.2%6Exited by Q1 2015−9.9%
MAR MARRIOTT INTL INC NEWQ4 20134 of 1823.0%3.6%18Exited by Q1 2025+465%
EBAY EBAY INCQ4 201319 of 1863.6%4.0%6Exited by Q1 2016+19%
VRTS VIRTUS INVT PARTNERS INCQ1 20141 of 720.8%1.1%48Exited by Q1 2026−5.8%
ENS ENERSYSQ1 20142 of 1020.6%1.0%35Exited by Q1 2025+33%
NUS NU SKIN ENTERPRISES INCQ1 20145 of 951.1%2.3%10Exited by Q3 2016−44%
VZ VERIZON COMMUNICATIONS INCQ1 201412 of 1801.6%2.5%8Exited by Q1 2016−2.8%
SABR Sabre CorpQ2 20142 of 1581.5%3.3%20Exited by Q1 2020+12%
FFIV F5 NETWORKS INCQ2 20147 of 1410.0%2.7%3Exited by Q4 2015+3.9%
STT STATE STR CORPQ2 201412 of 1391.9%4.7%21Exited by Q3 2019−17%
FOSL FOSSIL GROUP INCQ3 20143 of 871.8%4.7%11Exited by Q2 2017−81%
CL COLGATE PALMOLIVE COQ3 20145 of 1311.0%1.1%4Exited by Q3 2015+0.3%
BA BOEING COQ3 201412 of 2212.5%4.4%12Exited by Q3 2017+55%
MSM MSC Industrial Direct Co IncQ4 20144 of 1141.5%2.7%18Exited by Q1 2020−3.4%
ELV ELEVANCE HEALTH INC FORMERLYQ4 20145 of 2271.7%4.3%44Held at last filing, Q2 2026+208%
HLT HILTON WORLDWIDE HLDGS INCQ1 201622 of 2252.3%6.8%21Exited by Q2 2021+162%
JLL JONES LANG LASALLE INCQ2 20167 of 1330.5%4.7%40Held at last filing, Q2 2026+218%
COR AmerisourceBergen CorpQ2 201614 of 1580.3%5.7%15Exited by Q1 2020+7.2%
SWKS SKYWORKS SOLUTIONS INCQ3 20167 of 1543.5%8.0%37Exited by Q4 2025+1.1%
QRVO QORVO INCQ3 20168 of 1732.5%8.2%40Held at last filing, Q2 2026+67%
UNH UNITEDHEALTH GROUP INCQ3 201623 of 2991.2%7.5%16Held at last filing, Q2 2026+197%
CAH CARDINAL HEALTH INCQ4 20169 of 1262.8%3.0%11Exited by Q3 2019−35%
CBRE CBRE GROUP INCQ4 201615 of 1582.1%4.5%24Exited by Q3 2025+345%
NTRS NORTHERN TR CORPQ1 20179 of 1171.3%2.0%10Exited by Q3 2019+4.0%
MCO MOODYS CORPQ1 201717 of 1761.6%1.8%10Exited by Q3 2019+74%
SPGI S&P Global IncQ1 201719 of 2471.4%3.3%12Exited by Q1 2020+109%
CACC CREDIT ACCEP CORP MICHQ2 201711 of 1020.5%4.2%10Exited by Q4 2020+32%
SNBRQ SLEEP NUMBER CORPQ4 20171 of 951.3%1.3%12Exited by Q1 2023−31%

Concentration and tenure

7.5%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
54.2%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters