C.T. Fitzpatrick – Vulcan Value Partners Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Vulcan Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys – IQVIA Holdings, Inc. (IQV), SS&C Technologies Holdings, Inc (SSNC)

Increases – Ares Management Corporation (ARES), UnitedHealth Group Incorporated (UNH), Salesforce, Inc. (CRM), Stanley Black & Decker, Inc. (SWK), Amazon.com, Inc. (AMZN), and 6 more

Reductions – The Middleby Corporation (MIDD), Virtus Investment Partners, Inc (VRTS), MillerKnoll, Inc. (MLKN), PROG Holdings, Inc. (PRG), Transdigm Group Incorporated (TDG), and 20 more

Complete Exits – Cushman Wakefield (G2717B108), Dun & Bradstreet Holdings, Inc. (DNB), The Carlyle Group Inc. (CG)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Vulcan Value Partners Activity

Date	Symbol	Name	Type	Quantity	Value	Remaining
Q4 2019Dec 31, 2019	SABR Sabre Corporation	Sabre Corporation	Buy	+890,799+117.9%	$36.95K	1,646,494
Q4 2019Dec 31, 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+849,758+51.8%	$511.00K	2,489,654
Q4 2019Dec 31, 2019	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+441,202+25.1%	$656.48K	2,198,612
Q4 2019Dec 31, 2019	SNBR Sleep Number Corporation	Sleep Number Corporation	Buy	+402,541+33.8%	$78.55K	1,595,206
Q4 2019Dec 31, 2019	G2717B108 Cushman Wakefield	Cushman Wakefield	Buy	+367,874+5.5%	$144.52K	7,070,340
Q4 2019Dec 31, 2019	FTDR frontdoor, inc.	frontdoor, inc.	Buy - Position Entry	+360,558	$17.10K	360,558
Q4 2019Dec 31, 2019	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+329,290+11.5%	$503.72K	3,194,179
Q4 2019Dec 31, 2019	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy - Position Entry	+326,037	$144.22K	326,037
Q4 2019Dec 31, 2019	WH Wyndham Hotels & Resorts, Inc.	Wyndham Hotels & Resorts, Inc.	Buy	+175,706+92.7%	$22.93K	365,147
Q4 2019Dec 31, 2019	ORCL Oracle Corporation	Oracle Corporation	Buy	+172,084+3.0%	$308.93K	5,831,073
Q4 2019Dec 31, 2019	B Barnes Group, Inc.	Barnes Group, Inc.	Buy - Position Entry	+170,841	$10.59K	170,841
Q4 2019Dec 31, 2019	V Visa Inc.	Visa Inc.	Buy	+165,588+6.7%	$494.37K	2,631,001
Q4 2019Dec 31, 2019	MMI Marcus & Millichap, Inc.	Marcus & Millichap, Inc.	Buy	+165,439+23.0%	$32.98K	885,408
Q4 2019Dec 31, 2019	M6158M104 Ituran	Ituran	Buy	+126,437+8.2%	$41.92K	1,668,154
Q4 2019Dec 31, 2019	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Buy - Position Entry	+111,417	$21.31K	111,417
Q4 2019Dec 31, 2019	ELV Elevance Health, Inc.	Elevance Health, Inc.	Buy	+101,202+5.7%	$563.37K	1,865,275
Q4 2019Dec 31, 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+22,654+7.4%	$607.72K	328,879
Q4 2019Dec 31, 2019	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+17,780+3.6%	$684.25K	511,769
Q4 2019Dec 31, 2019	VRTS Virtus Investment Partners, Inc	Virtus Investment Partners, Inc	Buy	+16,320+5.1%	$40.76K	334,876
Q4 2019Dec 31, 2019	IWD iShares Russell 1000 Value ETF	iShares Russell 1000 Value ETF	Buy - Position Entry	+15,632	$2.13K	15,632
Q4 2019Dec 31, 2019	IWN iShares Russell 2000 Value ETF	iShares Russell 2000 Value ETF	Buy - Position Entry	+5,723	$736.00	5,723
Q4 2019Dec 31, 2019	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy - Position Entry	+651	$191.00	651
Q4 2019Dec 31, 2019	CSL Carlisle Companies Incorporated	Carlisle Companies Incorporated	Buy	+578+0.4%	$26.62K	164,484
Q4 2019Dec 31, 2019	BLK BlackRock, Inc.	BlackRock, Inc.	Sell - Position Exit	-38-100.0%	$0.00	-
Q4 2019Dec 31, 2019	LSTR Landstar System, Inc.	Landstar System, Inc.	Sell - Position Exit	-298-100.0%	$0.00	-
Q4 2019Dec 31, 2019	FWRD Forward Air Corporation	Forward Air Corporation	Sell - Position Exit	-460-100.0%	$0.00	-
Q4 2019Dec 31, 2019	TPX Tempur Sealy International, Inc	Tempur Sealy International, Inc	Sell	-600-65.2%	$28.00	320
Q4 2019Dec 31, 2019	TER Teradyne, Inc.	Teradyne, Inc.	Sell - Position Exit	-774-100.0%	$0.00	-
Q4 2019Dec 31, 2019	ENS EnerSys	EnerSys	Sell	-2,351-0.4%	$47.99K	641,305
Q4 2019Dec 31, 2019	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-2,439-1.9%	$261.62K	127,387

Page 33 of 78 • 2313 total trades

«‹

31 32 33 34 35

›»