Vulcan Value Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Vulcan Value Partners, LLC reported 46 stock positions worth $6.9 billion. Its top holding was KKR (KKR) at 7.9% of the portfolio, followed by Amazon.com (AMZN, 7.6%) and Microsoft (MSFT, 6.4%). Compared with Q4 2023, it opened 4 new positions, sold out of 4, added to 9 and reduced 33. The biggest buy was a new position in Live Nation Entertainment (LYV) and the biggest sale Salesforce (CRM, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- BIRMINGHAM, AL
- CIK
- 0001556785
- Portfolio Value
- $6.9B (Q1 2024)
- SEC Filing
- 0001556785-24-000012 ↗ filed May 15, 2024
Holdings Value
Holdings 46 stocks · $6.9B
| KKR KKR & Co. Inc. | 7.86% | 5,381,037 | $541.1M | Reduce -11.8% |
| AMZN Amazon.com Inc. | 7.62% | 2,909,298 | $524.8M | Reduce -7.3% |
| MSFT Microsoft Corp. | 6.36% | 1,040,526 | $437.9M | Reduce -5.0% |
| TDG Transdigm Group Inc. | 6.04% | 337,725 | $415.8M | Reduce -12.8% |
| GOOG Alphabet Inc. Class C | 5.64% | 2,547,815 | $388.2M | Reduce -4.7% |
| CG The Carlyle Group Inc. | 5.31% | 7,792,628 | $365.4M | Reduce -7.6% |
| SWKS Skyworks Solutions Inc. | 5.12% | 3,255,487 | $352.5M | Add +12.6% |
| MA Mastercard Inc. Class A | 4.92% | 703,197 | $338.6M | Reduce -5.4% |
| V Visa Inc. Class A | 4.25% | 1,048,706 | $292.6M | Reduce -4.2% |
| CRM Salesforce Inc. | 3.67% | 838,401 | $252.5M | Reduce -47.5% |
| CBRE CBRE Group Inc. Class A | 3.59% | 2,543,033 | $247.1M | Add +5.4% |
| CSGP Costar Group Inc. | 3.05% | 2,177,070 | $210.1M | Add +36.0% |
| NICE Nice Ltd. - Spon ADR | 3.00% | 793,656 | $206.6M | Reduce -11.2% |
| ELV Elevance Health Inc. | 2.93% | 389,740 | $202.0M | Add +1.4% |
| JLL Jones Lang Lasalle Inc. | 2.85% | 1,008,121 | $196.3M | Reduce -8.7% |
| LYV Live Nation Entertainment Inc. | 2.82% | 1,839,266 | $194.4M | New |
| QRVO Qorvo Inc. | 2.62% | 1,573,825 | $180.7M | Reduce -5.3% |
| ARES Ares Management Corp. Class A | 2.62% | 1,357,069 | $180.4M | Reduce -12.6% |
| SSNC Ss&c Technologies Holdings | 1.90% | 2,029,596 | $130.5M | Reduce -9.1% |
| HEI.A Heico Corp. Class A | 1.86% | 831,809 | $128.0M | Reduce -4.7% |
| FISV Fiserv Inc. | 1.50% | 647,780 | $103.5M | Reduce -11.2% |
| UNH Unitedhealth Group Inc. | 1.29% | 179,241 | $88.6M | Add +70.3% |
| SBUX Starbucks Corp. | 1.05% | 791,326 | $72.3M | New |
| ABT Abbott Laboratories | 0.94% | 568,260 | $64.5M | Reduce -14.6% |
| ABM Abm Industries Inc. | 0.91% | 1,405,242 | $62.7M | Add +2.9% |
| LFUS Littelfuse Inc. | 0.90% | 256,966 | $62.3M | Reduce -2.6% |
| CWK Cushman & Wakefield UK Holdc | 0.77% | 5,095,985 | $53.3M | Reduce -8.0% |
| CIGI Colliers Intl GR-Subord Vot | 0.77% | 434,031 | $53.1M | Reduce -8.5% |
| ITRN Ituran Location and Control | 0.62% | 1,526,894 | $42.7M | Reduce -9.2% |
| G Genpact Ltd. | 0.61% | 1,282,586 | $42.3M | Add +2.6% |
| DNB Dun & Bradstreet Holdings Inc. | 0.60% | 4,107,063 | $41.2M | Add +18.3% |
| KMX Carmax Inc. | 0.58% | 457,153 | $39.8M | New |
| VRTS Virtus Investment Partners | 0.57% | 157,376 | $39.0M | Reduce -17.2% |
| SEE Sealed Air Corp. | 0.56% | 1,042,984 | $38.8M | Reduce -8.2% |
| BALL Ball Corp. | 0.54% | 556,208 | $37.5M | Reduce -68.3% |
| MAR Marriott International Class A | 0.52% | 141,475 | $35.7M | Reduce -61.3% |
| PK Park Hotels & Resorts Inc. | 0.49% | 1,941,008 | $33.9M | Reduce -29.0% |
| PRG Prog Holdings Inc. | 0.49% | 979,614 | $33.7M | Reduce -4.1% |
| MLKN Millerknoll Inc. | 0.46% | 1,272,842 | $31.5M | Add +17.1% |
| MEDP Medpace Holdings Inc. | 0.45% | 76,516 | $30.9M | Reduce -25.2% |
| TKR Timken Co. | 0.43% | 338,922 | $29.6M | Reduce -4.9% |
| SMRT Smartrent Inc. | 0.38% | 9,656,894 | $25.9M | Reduce -1.6% |
| ENS Enersys | 0.32% | 232,483 | $22.0M | Reduce -1.5% |
| AYI Acuity Inc. | 0.14% | 34,996 | $9.4M | Reduce -72.0% |
| CCK Crown Holdings Inc. | 0.08% | 69,962 | $5.5M | New |
| GE General Electric | 0.00% | 1,409 | $247K | Reduce -99.9% |
Portfolio Sells Q4 2023 → Q1 2024
| CRM Salesforce Inc. | Reduce -47.5% | 3.67% | −2.50 |
| GE General Electric | Reduce -99.9% | 0.00% | −2.21 |
| BALL Ball Corp. | Reduce -68.3% | 0.54% | −0.94 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.88 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.80 |
| MAR Marriott International Class A | Reduce -61.3% | 0.52% | −0.69 |
| AYI Acuity Inc. | Reduce -72.0% | 0.14% | −0.24 |
| JLL Jones Lang Lasalle Inc. | Reduce -8.7% | 2.85% | −0.21 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.15 |
| ABT Abbott Laboratories | Reduce -14.6% | 0.94% | −0.14 |
| LFUS Littelfuse Inc. | Reduce -2.6% | 0.90% | −0.13 |
| PK Park Hotels & Resorts Inc. | Reduce -29.0% | 0.49% | −0.12 |
| QRVO Qorvo Inc. | Reduce -5.3% | 2.62% | −0.12 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -8.5% | 0.77% | −0.11 |
| VRTS Virtus Investment Partners | Reduce -17.2% | 0.57% | −0.11 |
| SSNC Ss&c Technologies Holdings | Reduce -9.1% | 1.90% | −0.10 |
| CWK Cushman & Wakefield UK Holdc | Reduce -8.0% | 0.77% | −0.10 |
| ARES Ares Management Corp. Class A | Reduce -12.6% | 2.62% | −0.08 |
| SMRT Smartrent Inc. | Reduce -1.6% | 0.38% | −0.08 |
| ITRN Ituran Location and Control | Reduce -9.2% | 0.62% | −0.05 |
| SEE Sealed Air Corp. | Reduce -8.2% | 0.56% | −0.04 |
| ENS Enersys | Reduce -1.5% | 0.32% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.02 |
| MEDP Medpace Holdings Inc. | Reduce -25.2% | 0.45% | −0.01 |
| TKR Timken Co. | Reduce -4.9% | 0.43% | +0.01 |
| PRG Prog Holdings Inc. | Reduce -4.1% | 0.49% | +0.03 |
| HEI.A Heico Corp. Class A | Reduce -4.7% | 1.86% | +0.03 |
| V Visa Inc. Class A | Reduce -4.2% | 4.25% | +0.07 |
| FISV Fiserv Inc. | Reduce -11.2% | 1.50% | +0.08 |
| GOOG Alphabet Inc. Class C | Reduce -4.7% | 5.64% | +0.11 |
| MA Mastercard Inc. Class A | Reduce -5.4% | 4.92% | +0.26 |
| CG The Carlyle Group Inc. | Reduce -7.6% | 5.31% | +0.27 |
| TDG Transdigm Group Inc. | Reduce -12.8% | 6.04% | +0.29 |
| MSFT Microsoft Corp. | Reduce -5.0% | 6.36% | +0.31 |
| NICE Nice Ltd. - Spon ADR | Reduce -11.2% | 3.00% | +0.39 |
| KKR KKR & Co. Inc. | Reduce -11.8% | 7.86% | +0.44 |
| AMZN Amazon.com Inc. | Reduce -7.3% | 7.62% | +0.63 |
Portfolio Buys Q4 2023 → Q1 2024
| LYV Live Nation Entertainment Inc. | New | 2.82% | +2.82 |
| SBUX Starbucks Corp. | New | 1.05% | +1.05 |
| CSGP Costar Group Inc. | Add +36.0% | 3.05% | +1.00 |
| KMX Carmax Inc. | New | 0.58% | +0.58 |
| UNH Unitedhealth Group Inc. | Add +70.3% | 1.29% | +0.47 |
| SWKS Skyworks Solutions Inc. | Add +12.6% | 5.12% | +0.35 |
| CBRE CBRE Group Inc. Class A | Add +5.4% | 3.59% | +0.29 |
| ELV Elevance Health Inc. | Add +1.4% | 2.93% | +0.27 |
| CCK Crown Holdings Inc. | New | 0.08% | +0.08 |
| MLKN Millerknoll Inc. | Add +17.1% | 0.46% | +0.03 |
| ABM Abm Industries Inc. | Add +2.9% | 0.91% | +0.01 |
| DNB Dun & Bradstreet Holdings Inc. | Add +18.3% | 0.60% | +0.00 |
| G Genpact Ltd. | Add +2.6% | 0.61% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $3.3B | EG, MSFT, RYAN, MA, AMZN |
| Q1 2026 | 33 | $3.8B | EG, MSFT, AMZN, UNH, RYAN |
| Q4 2025Amended | 41 | $5.5B | MSFT, EG, CRM, AMZN, UNH |
| Q3 2025 | 40 | $5.5B | MSFT, EG, UNH, AMZN, CRM |
| Q2 2025 | 38 | $5.7B | MSFT, AMZN, EG, UNH, TDG |
| Q1 2025 | 39 | $5.3B | MSFT, EG, CSGP, TDG, AMZN |
| Q4 2024 | 49 | $6.0B | MSFT, SWKS, AMZN, GOOG, CSGP |
| Q3 2024 | 43 | $6.0B | AMZN, SWKS, CRM, MSFT, CSGP |
| Q2 2024Amended | 45 | $6.6B | AMZN, SWKS, CRM, MSFT, GOOG |
| Q1 2024 | 46 | $6.9B | KKR, AMZN, MSFT, TDG, GOOG |