We are live on
!
Find out more
VH
ValueAct Holdings Portfolio holdings
AUM
$5.71B
1-Year Est. Return
7.41%
This Fund
S&P 500
This Quarter
Est. Return
+0.57%
1 Year Est. Return
+7.41%
3 Year Est. Return
+81.25%
5 Year Est. Return
+105.21%
10 Year Est. Return
+676.04%
AUM
$7.11B
AUM Growth
-$1.63B
(-19%)
Cap. Flow
-$1.6B
Cap. Flow
% of AUM
-22.52%
Top 10 Holdings %
Top 10 Hldgs %
99.54%
Holding
22
New
1
Increased
–
Reduced
1
Closed
10
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CDW
CDW
|
+$27.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NKLA
Nikola Corporation Common Stock
NKLA
|
+$788M |
| 2 |
EVA
Enviva Inc.
EVA
|
+$174M |
| 3 |
Morgan Stanley
MS
|
+$139M |
| 4 |
Hawaiian Electric Industries
HE
|
+$117M |
| 5 |
Strategic Education
STRA
|
+$90.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 49.62% |
| 2 | Technology | 22.27% |
| 3 | Industrials | 8.96% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Real Estate | 6.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Seagate
STX
$178B
| $1.55B | 21.87% |
31,554,360
| – | – |
|
2
KKR & Co
KKR
$90.6B
| $1.55B | 21.74% |
45,000,000
| – | – |
|
3
Citigroup
C
$217B
| $1.17B | 16.39% |
27,025,500
| – | – |
|
4
LKQ Corp
LKQ
$6.47B
| $598M | 8.41% |
21,547,746
| – | – |
|
|
5
Morgan Stanley
MS
$339B
| $556M | 7.82% |
11,500,000
-2,750,000
| -19% | -$139M |
|
6
Trinity Industries
TRN
$2.9B
| $527M | 7.41% |
27,005,855
| – | – |
|
7
CBRE Group
CBRE
$41.3B
| $480M | 6.76% |
10,229,820
| – | – |
|
8
Bausch Health
BHC
$1.8B
| $279M | 3.92% |
17,931,594
| – | – |
|
9
SLM Corp
SLM
$4.78B
| $261M | 3.68% |
32,294,254
| – | – |
|
10
A.O. Smith
AOS
$8.11B
| $110M | 1.55% |
2,092,510
| – | – |
|
|
11
CDW
CDW
$17B
| $28.6M | 0.4% |
+239,613
| New | +$27.4M |
|
|
AFI
12
DELISTED
Armstrong Flooring, Inc.
AFI
| $4.22M | 0.06% |
1,222,756
| – | – |
|
13
AES
AES
$10.5B
| – | – |
-5,346,500
| Closed | -$77.5M |
|
14
BP
BP
$108B
| – | – |
-2,572,000
| Closed | -$60M |
|
15
Darling Ingredients
DAR
$10B
| – | – |
-2,640,000
| Closed | -$65M |
|
|
16
Hawaiian Electric Industries
HE
$2.32B
| – | – |
-3,246,668
| Closed | -$117M |
|
17
Lindblad Expeditions
LIND
$1.82B
| – | – |
-4,923,247
| Closed | -$38M |
|
|
18
Strategic Education
STRA
$1.73B
| – | – |
-591,375
| Closed | -$90.9M |
|
19
UNIFI
UFI
$117M
| – | – |
-1,417,054
| Closed | -$18.3M |
|
20
Verra Mobility
VRRM
$626M
| – | – |
-5,905,000
| Closed | -$60.7M |
|
|
NKLA
21
DELISTED
Nikola Corporation Common Stock
NKLA
| – | – |
-389,181
| Closed | -$788M |
|
|
EVA
22
DELISTED
Enviva Inc.
EVA
| – | – |
-4,834,867
| Closed | -$174M |
|
Similar funds
LSERS
TSW
PI
ACM
QP
O
AIM
XT
ValueAct Holdings's Q3 2020 Portfolio in Review
As of Q3 2020, ValueAct Holdings held 22 positions worth $7.11B, down 19% from $8.74B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
ValueAct Holdings withdrew a net $1.6B in Q3 2020, closing 10 positions and reducing 1 holding. Its most notable exit was Nikola Corporation Common Stock, an estimated $788M position sold in full.
By sector, the portfolio is most concentrated in Financials at 50% of assets, up from 42% a quarter earlier, followed by Technology and Industrials.
Against the trend, ValueAct Holdings opened a new position in CDW worth $28.6M.
- ValueAct Holdings's largest Q3 2020 buy was CDW: 239,613 shares worth $28.6M.
- ValueAct Holdings's biggest Q3 2020 reduction was Morgan Stanley, cutting an estimated $139M.
- ValueAct Holdings fully exited Nikola Corporation Common Stock in Q3 2020, selling an estimated $788M.
- ValueAct Holdings's ten largest holdings make up 100% of its $7.11B portfolio in Q3 2020.
- ValueAct Holdings opened 1 new position and closed 10 in Q3 2020.
- ValueAct Holdings's portfolio value fell 19% quarter-over-quarter to $7.11B.
Based on ValueAct Holdings's 13F filing for Q3 2020, filed 16 Nov 2020.