Vulcan Value Partners 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Vulcan Value Partners disclosed 40 US equity positions worth $5.5bn in its Q3 2025 13F filing. The largest position was MSFT at 11.1% of the reported book, followed by EG and UNH. Against the Q2 2025 filing, it opened 3 new positions, added to 15 and reduced 21 among the top 40 holdings.
What did Vulcan Value Partners own in Q3 2025? Top 40 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 11.1% | $614.0m | 1,185,402 | -3% | reduced |
| 2 | EG EVEREST GROUP LTD | Financial Services | 9.0% | $496.5m | 1,417,466 | 14% | added |
| 3 | UNH UNITEDHEALTH GROUP INC | Healthcare | 7.5% | $413.9m | 1,198,338 | -2% | reduced |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 7.5% | $412.9m | 1,880,565 | -3% | reduced |
| 5 | CRM SALESFORCE INC | Technology | 6.7% | $371.2m | 1,564,357 | 46% | added |
| 6 | TDG TRANSDIGM GROUP INC | Industrials | 6.0% | $329.0m | 249,643 | 8% | added |
| 7 | CSGP COSTAR GROUP INC | Real Estate | 5.9% | $323.2m | 3,831,609 | 3% | added |
| 8 | GOOG ALPHABET INC | Communication Services | 4.9% | $268.0m | 1,100,358 | -37% | reduced |
| 9 | MA MASTERCARD INCORPORATED | Financial Services | 4.8% | $265.2m | 466,222 | 6% | added |
| 10 | V VISA INC | Financial Services | 4.7% | $256.6m | 751,516 | 12% | added |
| 11 | ARES ARES MANAGEMENT CORPORATION | Financial Services | 3.9% | $215.8m | 1,350,249 | 11% | added |
| 12 | ELV ELEVANCE HEALTH INC | Healthcare | 2.5% | $135.7m | 419,195 | 43% | added |
| 13 | IQV IQVIA HLDGS INC | Healthcare | 2.4% | $129.9m | 680,933 | 2% | added |
| 14 | TPG TPG INC | Financial Services | 2.0% | $112.3m | 1,958,438 | -1% | reduced |
| 15 | QRVO QORVO INC | Technology | 2.0% | $109.0m | 1,197,365 | -9% | reduced |
| 16 | NICE NICE LTD | Technology | 2.0% | $108.8m | 753,316 | -10% | reduced |
| 17 | KMX CARMAX INC | Consumer Cyclical | 1.9% | $104.6m | 2,328,120 | 135% | added |
| 18 | FISV FISERV INC | 1.9% | $103.4m | 803,160 | – | new | |
| 19 | MEDP MEDPACE HLDGS INC | Healthcare | 1.9% | $103.2m | 200,172 | -30% | reduced |
| 20 | SWK STANLEY BLACK & DECKER INC | Industrials | 1.6% | $86.3m | 1,161,466 | 2% | added |
| 21 | HEI/A HEICO CORP NEW | 1.2% | $68.7m | 270,379 | 3% | added | |
| 22 | JLL JONES LANG LASALLE INC | Real Estate | 1.1% | $58.9m | 197,663 | -59% | reduced |
| 23 | LFUS LITTELFUSE INC | Technology | 0.9% | $51.0m | 196,903 | -23% | reduced |
| 24 | CCK CROWN HLDGS INC | Consumer Cyclical | 0.8% | $41.5m | 429,884 | -1% | reduced |
| 25 | RYAN RYAN SPECIALTY HOLDINGS INC | Financial Services | 0.6% | $35.6m | 631,577 | – | new |
| 26 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 0.6% | $35.0m | 394,720 | -17% | reduced |
| 27 | G GENPACT LIMITED | Technology | 0.6% | $31.4m | 750,224 | 6% | added |
| 28 | ABM ABM INDS INC | Industrials | 0.6% | $30.6m | 664,054 | -5% | reduced |
| 29 | CIGI COLLIERS INTL GROUP INC | Real Estate | 0.5% | $29.1m | 186,068 | -28% | reduced |
| 30 | SWKS SKYWORKS SOLUTIONS INC | Technology | 0.4% | $24.0m | 311,645 | -61% | reduced |
| 31 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.4% | $21.7m | 602,364 | -7% | reduced |
| 32 | MLKN MILLERKNOLL INC | Consumer Cyclical | 0.4% | $20.0m | 1,116,932 | -0% | held |
| 33 | PRG PROG HOLDINGS INC | Industrials | 0.4% | $19.5m | 602,871 | -11% | reduced |
| 34 | TKR TIMKEN CO | Industrials | 0.3% | $18.7m | 248,600 | -11% | reduced |
| 35 | SEALED AIR CORP NEW | 0.3% | $16.3m | 461,920 | -44% | reduced | |
| 36 | FBIN FORTUNE BRANDS INNOVATIONS I | Industrials | 0.3% | $16.0m | 299,028 | -8% | reduced |
| 37 | VRTS VIRTUS INVT PARTNERS INC | Financial Services | 0.3% | $15.1m | 79,267 | -8% | reduced |
| 38 | PK PARK HOTELS & RESORTS INC | Real Estate | 0.3% | $14.2m | 1,257,290 | 25% | added |
| 39 | MIDD MIDDLEBY CORP | Industrials | 0.2% | $9.4m | 70,624 | 141% | added |
| 40 | SPY SPDR S&P 500 ETF TR | 0.0% | $203.1k | 303 | – | 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.