Vulcan Value Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Vulcan Value Partners, LLC reported 49 stock positions worth $6.0 billion. Its top holding was Microsoft (MSFT) at 8.4% of the portfolio, followed by Skyworks Solutions (SWKS, 7.8%) and Amazon.com (AMZN, 7.1%). Compared with Q3 2024, it opened 8 new positions, sold out of 2, added to 14 and reduced 27. The biggest buy was Everest (EG, shares +279%) and the biggest sale KKR (KKR, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- BIRMINGHAM, AL
- CIK
- 0001556785
- Portfolio Value
- $6.0B (Q4 2024)
- SEC Filing
- 0001556785-25-000002 ↗ filed Feb 14, 2025
Holdings Value
Holdings 49 stocks · $6.0B
| MSFT Microsoft Corp. | 8.38% | 1,188,258 | $500.8M | Add +44.5% |
| SWKS Skyworks Solutions Inc. | 7.85% | 5,290,813 | $469.2M | Add +29.2% |
| AMZN Amazon.com Inc. | 7.11% | 1,936,676 | $424.9M | Reduce -15.2% |
| GOOG Alphabet Inc. Class C | 6.17% | 1,937,027 | $368.9M | Add +2.7% |
| CSGP Costar Group Inc. | 6.10% | 5,099,438 | $365.0M | Add +15.1% |
| EG Everest Group Ltd. | 5.93% | 978,713 | $354.8M | Add +279.1% |
| MA Mastercard Inc. Class A | 5.77% | 655,145 | $344.9M | Add +1.8% |
| V Visa Inc. Class A | 5.30% | 1,003,524 | $317.1M | Add +5.3% |
| TDG Transdigm Group Inc. | 5.00% | 235,740 | $298.7M | Add +20.8% |
| CG The Carlyle Group Inc. | 4.50% | 5,333,596 | $269.3M | Reduce -21.4% |
| CBRE CBRE Group Inc. Class A | 4.46% | 2,033,328 | $266.9M | Add +3.6% |
| CRM Salesforce Inc. | 4.19% | 749,566 | $250.6M | Reduce -46.0% |
| QRVO Qorvo Inc. | 3.02% | 2,581,296 | $180.5M | Add +53.8% |
| NICE Nice Ltd. - Spon ADR | 2.71% | 954,161 | $162.0M | Reduce -5.0% |
| ELV Elevance Health Inc. | 2.43% | 393,892 | $145.2M | Add +41.0% |
| JLL Jones Lang Lasalle Inc. | 1.84% | 436,226 | $110.3M | Reduce -6.8% |
| KMX Carmax Inc. | 1.81% | 1,327,037 | $108.4M | Reduce -7.6% |
| HEI.A Heico Corp. Class A | 1.57% | 505,373 | $94.0M | Reduce -9.8% |
| SSNC Ss&c Technologies Holdings | 1.54% | 1,213,072 | $91.9M | Reduce -9.2% |
| CCK Crown Holdings Inc. | 1.14% | 823,691 | $68.0M | Add +450.5% |
| ARES Ares Management Corp. Class A | 1.06% | 359,079 | $63.6M | Reduce -47.4% |
| LYV Live Nation Entertainment Inc. | 1.00% | 461,474 | $59.8M | Reduce -81.3% |
| UNH Unitedhealth Group Inc. | 0.96% | 113,489 | $57.4M | New |
| LFUS Littelfuse Inc. | 0.79% | 200,093 | $47.2M | Reduce -7.8% |
| CWK Cushman & Wakefield UK Holdc | 0.79% | 3,594,573 | $47.0M | Reduce -11.8% |
| G Genpact Ltd. | 0.78% | 1,087,144 | $46.7M | Reduce -21.4% |
| ABM Abm Industries Inc. | 0.73% | 852,495 | $43.6M | Reduce -18.8% |
| ABT Abbott Laboratories | 0.70% | 370,518 | $41.9M | Reduce -4.5% |
| CIGI Colliers Intl GR-Subord Vot | 0.68% | 300,188 | $40.8M | Reduce -22.4% |
| DNB Dun & Bradstreet Holdings Inc. | 0.57% | 2,729,884 | $34.0M | Reduce -9.3% |
| MEDP Medpace Holdings Inc. | 0.56% | 101,338 | $33.7M | Add +119.8% |
| ITRN Ituran Location and Control | 0.54% | 1,031,001 | $32.1M | Reduce -15.5% |
| MAR Marriott International Class A | 0.51% | 109,320 | $30.4M | Reduce -10.3% |
| FISV Fiserv Inc. | 0.50% | 146,008 | $30.0M | Reduce -67.1% |
| MLKN Millerknoll Inc. | 0.47% | 1,252,093 | $28.3M | Add +12.8% |
| SEE Sealed Air Corp. | 0.41% | 719,556 | $24.3M | Reduce -9.6% |
| VRTS Virtus Investment Partners | 0.36% | 98,628 | $21.8M | Reduce -14.3% |
| PK Park Hotels & Resorts Inc. | 0.28% | 1,176,813 | $16.6M | Reduce -10.2% |
| PRG Prog Holdings Inc. | 0.26% | 369,829 | $15.6M | Reduce -20.1% |
| TKR Timken Co. | 0.25% | 207,725 | $14.8M | Reduce -7.8% |
| DEO Diageo PLC-Sponsored ADR | 0.19% | 91,776 | $11.6M | New |
| MIDD Middleby Corp. | 0.19% | 82,179 | $11.1M | New |
| FBIN Fortune Brands Innovations I | 0.17% | 151,894 | $10.4M | New |
| ENS Enersys | 0.17% | 109,472 | $10.1M | Reduce -9.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 13,518 | $7.9M | New |
| RTO Rentokil Initial PLC-SP ADR | 0.09% | 215,880 | $5.4M | New |
| IWD iShares Russell 1000 Value E | 0.01% | 3,336 | $618K | New |
| KKR KKR & Co. Inc. | 0.01% | 2,316 | $343K | Reduce -99.9% |
| IHG Intercontinental Hotels-ADR | 0.01% | 2,736 | $339K | New |
Portfolio Sells Q3 2024 → Q4 2024
| KKR KKR & Co. Inc. | Reduce -99.9% | 0.01% | −4.05 |
| LYV Live Nation Entertainment Inc. | Reduce -81.3% | 1.00% | −3.52 |
| CRM Salesforce Inc. | Reduce -46.0% | 4.19% | −2.18 |
| FISV Fiserv Inc. | Reduce -67.1% | 0.50% | −0.83 |
| ARES Ares Management Corp. Class A | Reduce -47.4% | 1.06% | −0.72 |
| CG The Carlyle Group Inc. | Reduce -21.4% | 4.50% | −0.39 |
| HEI.A Heico Corp. Class A | Reduce -9.8% | 1.57% | −0.34 |
| CIGI Colliers Intl GR-Subord Vot | Reduce -22.4% | 0.68% | −0.30 |
| JLL Jones Lang Lasalle Inc. | Reduce -6.8% | 1.84% | −0.27 |
| AYI Acuity Inc. | Sold out | 0.00% | −0.21 |
| NICE Nice Ltd. - Spon ADR | Reduce -5.0% | 2.71% | −0.21 |
| ABM Abm Industries Inc. | Reduce -18.8% | 0.73% | −0.20 |
| LFUS Littelfuse Inc. | Reduce -7.8% | 0.79% | −0.17 |
| CWK Cushman & Wakefield UK Holdc | Reduce -11.8% | 0.79% | −0.14 |
| G Genpact Ltd. | Reduce -21.4% | 0.78% | −0.13 |
| SSNC Ss&c Technologies Holdings | Reduce -9.2% | 1.54% | −0.12 |
| PRG Prog Holdings Inc. | Reduce -20.1% | 0.26% | −0.11 |
| SEE Sealed Air Corp. | Reduce -9.6% | 0.41% | −0.08 |
| TKR Timken Co. | Reduce -7.8% | 0.25% | −0.07 |
| SMRT Smartrent Inc. | Sold out | 0.00% | −0.06 |
| KMX Carmax Inc. | Reduce -7.6% | 1.81% | −0.05 |
| ABT Abbott Laboratories | Reduce -4.5% | 0.70% | −0.04 |
| VRTS Virtus Investment Partners | Reduce -14.3% | 0.36% | −0.04 |
| PK Park Hotels & Resorts Inc. | Reduce -10.2% | 0.28% | −0.04 |
| ENS Enersys | Reduce -9.2% | 0.17% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -15.2% | 7.11% | −0.01 |
| DNB Dun & Bradstreet Holdings Inc. | Reduce -9.3% | 0.57% | −0.01 |
| ITRN Ituran Location and Control | Reduce -15.5% | 0.54% | −0.01 |
| MAR Marriott International Class A | Reduce -10.3% | 0.51% | +0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| EG Everest Group Ltd. | Add +279.1% | 5.93% | +4.24 |
| MSFT Microsoft Corp. | Add +44.5% | 8.38% | +2.45 |
| SWKS Skyworks Solutions Inc. | Add +29.2% | 7.85% | +1.07 |
| UNH Unitedhealth Group Inc. | New | 0.96% | +0.96 |
| V Visa Inc. Class A | Add +5.3% | 5.30% | +0.92 |
| CCK Crown Holdings Inc. | Add +450.5% | 1.14% | +0.90 |
| GOOG Alphabet Inc. Class C | Add +2.7% | 6.17% | +0.89 |
| CSGP Costar Group Inc. | Add +15.1% | 6.10% | +0.51 |
| MA Mastercard Inc. Class A | Add +1.8% | 5.77% | +0.45 |
| CBRE CBRE Group Inc. Class A | Add +3.6% | 4.46% | +0.37 |
| TDG Transdigm Group Inc. | Add +20.8% | 5.00% | +0.33 |
| MEDP Medpace Holdings Inc. | Add +119.8% | 0.56% | +0.31 |
| DEO Diageo PLC-Sponsored ADR | New | 0.19% | +0.19 |
| MIDD Middleby Corp. | New | 0.19% | +0.19 |
| FBIN Fortune Brands Innovations I | New | 0.17% | +0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.13% | +0.13 |
| QRVO Qorvo Inc. | Add +53.8% | 3.02% | +0.12 |
| RTO Rentokil Initial PLC-SP ADR | New | 0.09% | +0.09 |
| IWD iShares Russell 1000 Value E | New | 0.01% | +0.01 |
| MLKN Millerknoll Inc. | Add +12.8% | 0.47% | +0.01 |
| IHG Intercontinental Hotels-ADR | New | 0.01% | +0.01 |
| ELV Elevance Health Inc. | Add +41.0% | 2.43% | −0.00 |
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 |