Vulcan Value Partners 13F, Q3 2023
Vulcan Value Partners · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1556785
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 45 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| AMAZON COM INC | AMZN | $452.43M | 6.9% | -19% shares |
| KKR & CO INC | KKR | $426.07M | 6.5% | -14% shares |
| MICROSOFT CORP | MSFT | $425.37M | 6.5% | -23% shares |
| ALPHABET INC | GOOG | $416.89M | 6.3% | -17% shares |
| SALESFORCE INC | CRM | $372.13M | 5.7% | -13% shares |
| TRANSDIGM GROUP INC | TDG | $364.61M | 5.5% | -31% shares |
| MASTERCARD INCORPORATED | MA | $322.40M | 4.9% | -21% shares |
| SKYWORKS SOLUTIONS INC | SWKS | $318.58M | 4.8% | -11% shares |
| VISA INC | V | $300.98M | 4.6% | -14% shares |
| CARLYLE GROUP INC | CG | $295.93M | 4.5% | -13% shares |
| ARES MANAGEMENT CORPORATION | ARES | $206.51M | 3.1% | -20% shares |
| CBRE GROUP INC | CBRE | $195.89M | 3.0% | -12% shares |
| ELEVANCE HEALTH INC | ELV | $195.84M | 3.0% | -18% shares |
| QORVO INC | QRVO | $188.60M | 2.9% | -14% shares |
| NICE LTD | NICE | $177.46M | 2.7% | +23% shares |
| JONES LANG LASALLE INC | JLL | $160.10M | 2.4% | -23% shares |
| GENERAL ELECTRIC CO | GE | $137.48M | 2.1% | -35% shares |
| COSTAR GROUP INC | CSGP | $132.39M | 2.0% | -35% shares |
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $132.25M | 2.0% | +59% shares |
| HEICO CORP NEW | HEI/A | $129.47M | 2.0% | -14% shares |
| FISERV INC | FISV | $93.70M | 1.4% | +4% shares |
| MARRIOTT INTL INC NEW | MAR | $83.41M | 1.3% | new |
| BALL CORP | BALL | $77.91M | 1.2% | -22% shares |
| ABBOTT LABS | ABT | $70.28M | 1.1% | -14% shares |
| LITTELFUSE INC | LFUS | $67.76M | 1.0% | -20% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Vulcan Value Partners opened 3 new positions, added to 8, trimmed 31, left 3 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- LAM RESEARCH CORPwas $77.74M
- FORWARD AIR CORPwas $28.36M
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0001556785-23-000023, filed by Vulcan Value Partners, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.