13F filing recap · Q4 2013

What did ValueAct Capital buy in Q4 2013?

Reported stock-position changes between this filing and the previous one.

Stock value

$12.09B

Positions

Estimated turnover

9.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

DRCDresser-Rand Group Inc.$39.25Mreported value+658.2K shares

Increased positions

ALSNAllison Transmission Holdings, Inc.$497.68Mreported value+13.40M shares+289.7%MSCIMsci Inc.$325.89Mreported value+60.1K shares+0.8%

Reduced positions

ADBEAdobe Inc.$1.52Breported value-5.99M shares-19.1%

Exited positions

CFCf Industries Holdings, Inc.$297.73Mprior reported value-1.41M shares-100.0%MOSMosaic Co$24.78Mprior reported value-575.9K shares-100.0%VLOValero Energy Corp/tx$21.78Mprior reported value-637.7K shares-100.0%