Vulcan Value Partners 13F, Q4 2023
Vulcan Value Partners · quarter ending 31 December 2023 · filed 13 February 2024 · SEC CIK 1556785
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 46 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| KKR & CO INC | KKR | $505.50M | 7.4% | -12% shares |
| AMAZON COM INC | AMZN | $476.47M | 7.0% | -12% shares |
| SALESFORCE INC | CRM | $420.12M | 6.2% | -13% shares |
| MICROSOFT CORP | MSFT | $411.92M | 6.0% | -19% shares |
| TRANSDIGM GROUP INC | TDG | $391.61M | 5.8% | -11% shares |
| ALPHABET INC | GOOG | $376.67M | 5.5% | -15% shares |
| CARLYLE GROUP INC | CG | $343.00M | 5.0% | -14% shares |
| SKYWORKS SOLUTIONS INC | SWKS | $324.71M | 4.8% | -11% shares |
| MASTERCARD INCORPORATED | MA | $317.08M | 4.7% | -9% shares |
| VISA INC | V | $284.81M | 4.2% | -16% shares |
| CBRE GROUP INC | CBRE | $224.56M | 3.3% | -9% shares |
| JONES LANG LASALLE INC | JLL | $208.43M | 3.1% | -3% shares |
| QORVO INC | QRVO | $186.90M | 2.7% | -16% shares |
| ARES MANAGEMENT CORPORATION | ARES | $184.27M | 2.7% | -23% shares |
| ELEVANCE HEALTH INC | ELV | $181.43M | 2.7% | -15% shares |
| NICE LTD | NICE | $178.02M | 2.6% | -14% shares |
| GENERAL ELECTRIC CO | GE | $151.17M | 2.2% | -5% shares |
| COSTAR GROUP INC | CSGP | $139.69M | 2.0% | -7% shares |
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $136.32M | 2.0% | -11% shares |
| HEICO CORP NEW | HEI/A | $124.31M | 1.8% | -13% shares |
| BALL CORP | BALL | $100.92M | 1.5% | +12% shares |
| FISERV INC | FISV | $96.89M | 1.4% | -12% shares |
| MARRIOTT INTL INC NEW | MAR | $82.38M | 1.2% | -14% shares |
| ABBOTT LABS | ABT | $73.20M | 1.1% | -8% shares |
| LITTELFUSE INC | LFUS | $70.61M | 1.0% | -4% shares |
What changed since Q3 2023
Against the Q3 2023 filing, Vulcan Value Partners opened 1 new position, added to 3, trimmed 41, left 1 unchanged and exited 0. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001556785-24-000007, 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.