We are live on ! Find out more
CF

C.T. Fitzpatrick Vulcan Value Partners

AUM $3.29B
1-Year Est. Return 6.08%
 

C.T. Fitzpatrick is the founder of Vulcan Value Partners, a firm that seeks high-quality businesses when they trade at discounts to estimated intrinsic value. Vulcan is known for a disciplined appraisal process and a willingness to hold cash when bargains are scarce. The firm’s equities strategies are widely followed in quality-value circles.

This Fund
S&P 500
This Quarter Est. Return
+8.12%
1 Year Est. Return
-6.08%
3 Year Est. Return
+28.5%
5 Year Est. Return
+25.59%
10 Year Est. Return
+233.17%
AUM
$3.28B
AUM Growth
+$995M
Cap. Flow
+$801M
Cap. Flow %
24.46%
Top 10 Hldgs %
40.3%
Holding
58
New
3
Increased
44
Reduced
6
Closed
5

Top Buys

Rank Stock Value
1
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
+$47.3M
2
BEN icon
Franklin Templeton, Inc.
BEN
+$45.8M
3
QCOM icon
Qualcomm
QCOM
+$45.2M
4
MRH
MONTPELIER RE HOLDINGS LTD
MRH
+$39M
5
NDAQ icon
Nasdaq
NDAQ
+$38.7M

Top Sells

Rank Stock Value
1
ICON
Iconix Brand Group, Inc.
ICON
+$15.8M
2
LECO icon
Lincoln Electric
LECO
+$13.4M
3
RVTY icon
Revvity
RVTY
+$12.1M
4
MG icon
Mistras Group
MG
+$10.8M
5
SONC
Sonic Corp
SONC
+$10.8M

Sector Composition

Rank Sector Weight
1 Financials 28.99%
2 Technology 24.35%
3 Industrials 13.68%
4 Communication Services 10.64%
5 Healthcare 4.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NSP icon
51
Insperity
NSP
$2.02B
$13.9M 0.42%
+739,626
New +$12.5M
NEU icon
52
NewMarket
NEU
$8.62B
$9.91M 0.3%
34,436
+9,664
+39% +$2.68M
NDSN icon
53
Nordson
NDSN
$18.5B
$8.3M 0.25%
112,672
+18,286
+19% +$1.31M
LECO icon
54
Lincoln Electric
LECO
$15.4B
– –
-233,961
Closed -$13.4M
MG icon
55
Mistras Group
MG
$604M
– –
-613,475
Closed -$10.8M
MSFT icon
56
Microsoft
MSFT
$3.59T
– –
-1
Closed –
SONC
57
DELISTED
Sonic Corp
SONC
– –
-739,421
Closed -$10.8M
ILG
58
DELISTED
ILG, Inc Common Stock
ILG
– –
-317,864
Closed -$6.33M
1 2
3

Similar funds

BG
Bollard Group Boston, Massachusetts $3.29B AUM 4.86% 1-Year Est. Return
CAMG
CWA Asset Management Group Naples, Florida $3.28B AUM 34.07% 1-Year Est. Return
OCM
Oribel Capital Management New York $3.29B AUM 83.82% 1-Year Est. Return
CM
Corvex Management New York $3.27B AUM 38.53% 1-Year Est. Return
PCM
Prana Capital Management Greenwich, Connecticut $3.3B AUM 0.25% 1-Year Est. Return
ADEF
Adams Diversified Equity Fund Baltimore, Maryland $3.27B AUM 45.57% 1-Year Est. Return
FB
Fulton Bank Lancaster, Pennsylvania $3.27B AUM 17.38% 1-Year Est. Return
VA
VR Adviser New York $3.3B AUM 525.74% 1-Year Est. Return

C.T. Fitzpatrick's Q3 2013 Portfolio in Review

As of Q3 2013, C.T. Fitzpatrick held 58 positions worth $3.28B, up 44% from $2.28B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

C.T. Fitzpatrick deployed $801M of net new capital in Q3 2013, opening 3 new positions and adding to 44 existing holdings. Its largest new stake was MONTPELIER RE HOLDINGS LTD: 1,502,251 shares worth $39.1M.

By sector, the portfolio is most concentrated in Financials at 29% of assets, up from 28% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Iconix Brand Group, Inc., an estimated $15.8M trimmed.

  • C.T. Fitzpatrick's largest Q3 2013 buy was MONTPELIER RE HOLDINGS LTD: 1,502,251 shares worth $39.1M.
  • C.T. Fitzpatrick added most to STARWOOD HOTELS & RESORTS WORLDWIDE, INC. in Q3 2013, an estimated $47.3M increase.
  • C.T. Fitzpatrick's biggest Q3 2013 reduction was Iconix Brand Group, Inc., cutting an estimated $15.8M.
  • C.T. Fitzpatrick fully exited Lincoln Electric in Q3 2013, selling an estimated $13.4M.
  • C.T. Fitzpatrick's ten largest holdings make up 40% of its $3.28B portfolio in Q3 2013.
  • C.T. Fitzpatrick opened 3 new positions and closed 5 in Q3 2013.
  • C.T. Fitzpatrick's portfolio value rose 44% quarter-over-quarter to $3.28B.

Based on Vulcan Value Partners's 13F filing for Q3 2013, filed 12 Nov 2013.