13F filing recap · Q2 2018

What did ValueAct Capital buy in Q2 2018?

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

Stock value

$11.05B

Positions

Estimated turnover

44.3%

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

KKRKkr & Co. Inc.$1.24Breported value+49.70M shares UFIUnifi, Inc.$29.32Mreported value+925.0K shares LINDLindblad Expeditions Holdings, Inc.$22.41Mreported value+1.69M shares STRAStrategic Education, Inc.$21.86Mreported value+193.5K shares AESAes Corp$20.51Mreported value+1.53M shares EVAUSDEnviva Partners LP$19.95Mreported value+685.5K shares

Increased positions

CCitigroup Inc$1.68Breported value+8.98M shares+55.4%BFHBread Financial Holdings, Inc.$1.42Breported value+205.2K shares+3.5%STXSeagate Technology Holdings Plc$1.27Breported value+946.1K shares+4.4%MSMorgan Stanley$886.84Mreported value+750.0K shares

Reduced positions

FOXATwenty-First Century Fox, Inc.$1.41Breported value-24.70M shares-46.3%

Exited positions

KKRKkr & Co. Inc.$1.01Bprior reported value-49.70M shares-100.0%