13F filing recap · Q2 2020

What did ValueAct Capital buy in Q2 2020?

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

Stock value

$8.74B

Positions

Estimated turnover

15.8%

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

NKLAQNikola Corporation$788.44Mreported value+11.68M shares

Increased positions

CBRECbre Group, Inc.$462.59Mreported value+4.2K shares+0.0%EVAUSDEnviva Partners LP$174.25Mreported value+2.31M shares+91.3%AESAes Corp$77.47Mreported value+1.00M shares+23.0%

Reduced positions

STRAStrategic Education, Inc.$90.86Mreported value-58.6K shares-9.0%BPBp Plc$59.98Mreported value-200.0K shares-7.2%

Exited positions

TSGThe Stars Group Inc.$278.32Mprior reported value-13.63M shares-100.0%OUTOutfront Media Inc.$46.20Mprior reported value-3.43M shares-100.0%CMCSAComcast Corporation$11.28Mprior reported value-328.0K shares-100.0%HDSHd Supply Holdings Inc$711.0Kprior reported value-25.0K shares