Vulcan Value Partners, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Vulcan Value Partners, LLC reported 33 stock positions worth $3.8 billion. Its top holding was Everest (EG) at 11.8% of the portfolio, followed by Microsoft (MSFT, 10.9%) and Amazon.com (AMZN, 8.8%). Compared with Q4 2025, it opened 1 new position, sold out of 9, added to 6 and reduced 26. The biggest buy was Transunion (TRU, shares +202%) and the biggest sale Salesforce (CRM, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- BIRMINGHAM, AL
- CIK
- 0001556785
- Portfolio Value
- $3.8B (Q1 2026)
- SEC Filing
- 0001556785-26-000008 ↗ filed May 11, 2026
Holdings Value
Holdings 33 stocks · $3.8B
| EG Everest Group Ltd. | 11.80% | 1,361,865 | $445.1M | Reduce -9.8% |
| MSFT Microsoft Corp. | 10.88% | 1,108,991 | $410.5M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 8.81% | 1,595,868 | $332.4M | Reduce -9.3% |
| UNH Unitedhealth Group Inc. | 6.55% | 912,674 | $247.0M | Reduce -15.8% |
| RYAN Ryan Specialty Holdings Inc. | 5.90% | 6,595,335 | $222.5M | Add +42.7% |
| TRU Transunion | 5.88% | 3,207,405 | $221.9M | Add +201.8% |
| TDG Transdigm Group Inc. | 5.66% | 184,228 | $213.5M | Reduce -23.4% |
| GOOG Alphabet Inc. Class C | 5.14% | 676,556 | $194.1M | Reduce -27.4% |
| V Visa Inc. Class A | 5.12% | 639,454 | $193.3M | Reduce -12.1% |
| MA Mastercard Inc. Class A | 5.08% | 383,179 | $191.5M | Reduce -14.7% |
| ARES Ares Management Corp. Class A | 4.89% | 1,691,176 | $184.5M | Reduce -0.3% |
| MEDP Medpace Holdings Inc. | 2.58% | 203,068 | $97.5M | Add +329.3% |
| KMX Carmax Inc. | 2.43% | 2,204,876 | $91.7M | Reduce -24.7% |
| ELV Elevance Health Inc. | 2.30% | 296,771 | $86.9M | Reduce -23.2% |
| TPG TPG Inc. | 2.13% | 1,986,026 | $80.5M | Add +15.3% |
| NICE Nice Ltd. - Spon ADR | 1.67% | 572,311 | $63.1M | Reduce -34.3% |
| FISV Fiserv Inc. | 1.62% | 1,094,659 | $61.1M | Reduce -23.9% |
| NOW ServiceNow Inc. | 1.48% | 533,817 | $55.8M | New |
| IQV Iqvia Holdings Inc. | 1.12% | 248,101 | $42.3M | Reduce -23.2% |
| HEI.A Heico Corp. Class A | 1.00% | 178,456 | $37.7M | Reduce -28.6% |
| CRM Salesforce Inc. | 0.97% | 196,803 | $36.7M | Reduce -87.3% |
| JLL Jones Lang Lasalle Inc. | 0.88% | 109,549 | $33.3M | Reduce -27.3% |
| CIGI Colliers Intl GR-Subord Vot | 0.72% | 255,321 | $27.3M | Add +38.5% |
| LFUS Littelfuse Inc. | 0.70% | 78,107 | $26.5M | Reduce -59.4% |
| G Genpact Ltd. | 0.70% | 710,313 | $26.5M | Reduce -4.9% |
| ABM Abm Industries Inc. | 0.64% | 630,296 | $24.3M | Reduce -4.3% |
| ITRN Ituran Location and Control | 0.64% | 493,840 | $24.2M | Reduce -8.6% |
| QRVO Qorvo Inc. | 0.55% | 268,813 | $20.8M | Reduce -75.6% |
| MLKN Millerknoll Inc. | 0.51% | 1,324,609 | $19.2M | Reduce -4.7% |
| SARO Standardaero Inc. | 0.49% | 716,983 | $18.5M | Add +51.5% |
| PRG Prog Holdings Inc. | 0.43% | 566,314 | $16.2M | Reduce -5.5% |
| FBIN Fortune Brands Innovations I | 0.35% | 343,563 | $13.4M | Reduce -2.8% |
| PK Park Hotels & Resorts Inc. | 0.33% | 1,195,835 | $12.6M | Reduce -4.9% |
Portfolio Sells Q4 2025 → Q1 2026
| CRM Salesforce Inc. | Reduce -87.3% | 0.97% | −6.44 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −5.44 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −1.42 |
| QRVO Qorvo Inc. | Reduce -75.6% | 0.55% | −1.13 |
| CCK Crown Holdings Inc. | Sold out | 0.00% | −0.74 |
| VRTS Virtus Investment Partners | Sold out | 0.00% | −0.23 |
| TKR Timken Co. | Sold out | 0.00% | −0.21 |
| IQV Iqvia Holdings Inc. | Reduce -23.2% | 1.12% | −0.19 |
| MIDD Middleby Corp. | Sold out | 0.00% | −0.19 |
| LFUS Littelfuse Inc. | Reduce -59.4% | 0.70% | −0.17 |
| HEI.A Heico Corp. Class A | Reduce -28.6% | 1.00% | −0.14 |
| ELV Elevance Health Inc. | Reduce -23.2% | 2.30% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -27.4% | 5.14% | −0.13 |
| FISV Fiserv Inc. | Reduce -23.9% | 1.62% | −0.12 |
| TDG Transdigm Group Inc. | Reduce -23.4% | 5.66% | −0.11 |
| NICE Nice Ltd. - Spon ADR | Reduce -34.3% | 1.67% | −0.10 |
| SEE Sealed Air Corp. | Sold out | 0.00% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.07 |
| ARES Ares Management Corp. Class A | Reduce -0.3% | 4.89% | −0.06 |
| JLL Jones Lang Lasalle Inc. | Reduce -27.3% | 0.88% | −0.03 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.01 |
| FBIN Fortune Brands Innovations I | Reduce -2.8% | 0.35% | +0.04 |
| MLKN Millerknoll Inc. | Reduce -4.7% | 0.51% | +0.04 |
| G Genpact Ltd. | Reduce -4.9% | 0.70% | +0.07 |
| PK Park Hotels & Resorts Inc. | Reduce -4.9% | 0.33% | +0.09 |
| UNH Unitedhealth Group Inc. | Reduce -15.8% | 6.55% | +0.09 |
| PRG Prog Holdings Inc. | Reduce -5.5% | 0.43% | +0.11 |
| ABM Abm Industries Inc. | Reduce -4.3% | 0.64% | +0.14 |
| ITRN Ituran Location and Control | Reduce -8.6% | 0.64% | +0.22 |
| KMX Carmax Inc. | Reduce -24.7% | 2.43% | +0.39 |
| MA Mastercard Inc. Class A | Reduce -14.7% | 5.08% | +0.45 |
| V Visa Inc. Class A | Reduce -12.1% | 5.12% | +0.52 |
| MSFT Microsoft Corp. | Reduce -2.9% | 10.88% | +0.92 |
| AMZN Amazon.com Inc. | Reduce -9.3% | 8.81% | +1.48 |
| EG Everest Group Ltd. | Reduce -9.8% | 11.80% | +2.56 |
Portfolio Buys Q4 2025 → Q1 2026
| TRU Transunion | Add +201.8% | 5.88% | +4.24 |
| MEDP Medpace Holdings Inc. | Add +329.3% | 2.58% | +2.11 |
| RYAN Ryan Specialty Holdings Inc. | Add +42.7% | 5.90% | +1.60 |
| NOW ServiceNow Inc. | New | 1.48% | +1.48 |
| SARO Standardaero Inc. | Add +51.5% | 0.49% | +0.25 |
| CIGI Colliers Intl GR-Subord Vot | Add +38.5% | 0.72% | +0.23 |
| TPG TPG Inc. | Add +15.3% | 2.13% | +0.15 |
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 |