SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Vulcan Value Partners, LLC

CIK 0001556785 · THREE PROTECTIVE CENTER, 2801 HIGHWAY 280 SOUTH, SUITE 300, BIRMINGHAM, AL, 35223 · 205-803-1582

Reported Value
$13.0B
Q4 2019
Positions
54
Filings on Record
34
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Vulcan Value Partners, LLC reported $13.0B in U.S.-listed holdings across 54 positions for Q4 2019.

Its largest position, QRVO, represents 7.4% of the portfolio.

Compared with Q3 2019, the fund opened 10 new positions and exited 6.

Portfolio Metrics

Turnover
+7.9%
vs prior filed quarter
Top-10 Concentration
+55.2%
share of reported value
Largest Position
+7.4%
Qorvo
New / Exited
10 / 6
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $10.8BQ4 ’18Q1 ’19: $11.6BQ2 ’19: $11.2BQ3 ’19: $11.8BQ4 ’19: $13.0BQ4 ’19Q1 ’20: $9.6BQ2 ’20: $12.7BQ3 ’20: $12.9BQ4 ’20: $15.5BQ4 ’20Q1 ’21: $16.9BQ2 ’21: $18.4BQ3 ’21: $18.6BQ4 ’21: $19.6BQ4 ’21Q1 ’22: $16.3BQ2 ’22: $10.2BQ3 ’22: $8.5BQ1 ’23: $8MQ1 ’23Q2 ’23: $8MQ3 ’23: $7MQ4 ’23: $7MQ1 ’24: $7MQ1 ’24Q2 ’24: $7MQ4 ’24: $6.0BQ1 ’25: $5.3BQ2 ’25: $5.7BQ2 ’25Q3 ’25: $5.5Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 93.6%Other: 6.1%REIT: 0.2%Royalty Trst: 0.1%ETP: 0.0%
  • Common Stock · 93.6% · $12.2B
  • Other · 6.1% · $790M
  • REIT · 0.2% · $23M
  • Royalty Trst · 0.1% · $14M
  • ETP · 0.0% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CACCCredit Acceptance CorpNEW+326.0K326.0K+$144M$144M
Carlyle Group LP/TheNEW+2.22M2.22M+$71M$71M
PKPark Hotels & Resorts IncNEW+903.2K903.2K+$23M$23M
LFUSLittelfuse IncNEW+111.4K111.4K+$21M$21M
FTDRfrontdoor IncNEW+360.6K360.6K+$17M$17M
TPLUSDTexas Pacific Land TrustNEW+18.2K18.2K+$14M$14M
Barnes Group IncNEW+170.8K170.8K+$11M$11M
iShares Russell 1000 Value ETFNEW+15.6K15.6K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1QRVOQorvo Inchistory →Common Stock7.36%$959M8.25M
2KKRKKR & Co Inchistory →Common Stock6.74%$878M30.12M
3AWMSkyworks Solutions Inchistory →Common Stock6.25%$814M6.74M
4NVDANVIDIA Corphistory →Common Stock5.37%$699M2.97M
5GOOGAlphabet Inchistory →Common Stock5.25%$684M511.8K
6NOVEURNational Oilwell Varco Inchistory →Common Stock5.11%$666M26.58M
7HLTHilton Worldwide Holdings Inchistory →Common Stock5.08%$662M5.97M
8MAMastercard Inchistory →Common Stock5.04%$656M2.20M
9AMZNAmazon.com Inchistory →Common Stock4.66%$608M328.9K
10ELVAnthem Inchistory →Common Stock4.32%$563M1.87M
11METAFacebook Inchistory →Common Stock3.92%$511M2.49M
12MSFTMicrosoft Corphistory →Common Stock3.87%$504M3.19M
13CVSCVS Health Corphistory →Common Stock3.81%$496M6.68M
14VVisa Inchistory →Common Stock3.79%$494M2.63M
15MARMarriott International Inc/MDhistory →Common Stock3.65%$475M3.14M
16MCKMcKesson Corphistory →Common Stock2.42%$315M2.28M
17ORCLOracle Corphistory →Common Stock2.37%$309M5.83M
18Everest Re Group LtdCommon Stock2.17%$282M1.02M
19ABGAmerisourceBergen Corphistory →Common Stock2.14%$279M3.28M
20BKNGBooking Holdings Inchistory →Common Stock2.01%$262M127.4K
21UPSUnited Parcel Service Inchistory →Common Stock1.99%$259M2.21M
22SPGIS&P Global Inchistory →Common Stock1.74%$227M831.8K
23Brookfield Asset Management InCommon Stock1.64%$213M3.69M
24Cushman & Wakefield PLCCommon Stock1.11%$145M7.07M
25CACCCredit Acceptance Corphistory →Common Stock1.11%$144M326.0K
26JLLJones Lang LaSalle Inchistory →Common Stock0.91%$118M679.3K
27COHREURCoherent Inchistory →Common Stock0.89%$116M696.0K
28SL2Sleep Number Corphistory →Common Stock0.60%$79M1.60M
29Carlyle Group LP/TheCommon Stock0.55%$71M2.22M
30ENSEnerSyshistory →Common Stock0.37%$48M641.3K
31Ituran Location and Control LtCommon Stock0.32%$42M1.67M
32VRTSVirtus Investment Partners Inchistory →Common Stock0.31%$41M334.9K
33TSAACI Worldwide Inchistory →Common Stock0.30%$39M1.03M
34SABRSabre Corphistory →Common Stock0.28%$37M1.65M
35Axis Capital Holdings LtdCommon Stock0.28%$37M619.0K
36AYIAcuity Brands Inchistory →Common Stock0.27%$35M254.6K
37MMIMarcus & Millichap Inchistory →Common Stock0.25%$33M885.4K
38CR1USDCrane Cohistory →Common Stock0.25%$33M378.3K
39CSLCarlisle Cos Inchistory →Common Stock0.20%$27M164.5K
40PKPark Hotels & Resorts Inchistory →Common Stock0.18%$23M903.2K
41MSMMSC Industrial Direct Co Inchistory →Common Stock0.18%$23M294.9K
42WHWyndham Hotels & Resorts Inchistory →Common Stock0.18%$23M365.1K
43LFUSLittelfuse Inchistory →Common Stock0.16%$21M111.4K
44WCCWESCO International Inchistory →Common Stock0.16%$21M349.1K
45FTDRfrontdoor Inchistory →Common Stock0.13%$17M360.6K
46TPLUSDTexas Pacific Land Trusthistory →Common Stock0.11%$14M18.2K
47CDKCDK Global Inchistory →Common Stock0.10%$13M245.6K
48Barnes Group IncCommon Stock0.08%$11M170.8K
49iShares Russell 1000 Value ETFCommon Stock0.02%$2M15.6K
50iShares Russell 2000 Value ETFCommon Stock0.01%$736,0005.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026under review33May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025under review40Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.5B40Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.7B38Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.3B39May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.0B49Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024under review43Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024REVEALED$7M45Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$7M46May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$7M46Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$7M45Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$8M44Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$8M43May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022under review41Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$8.5B37Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$10.2B39Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$16.3B35May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$19.6B37Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$18.6B40Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$18.4B38Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$16.9B40May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$15.5B38Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$12.9B40Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$12.7B42Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$9.6B40May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$13.0B54Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$11.8B50Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$11.2B58Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$11.6B54May 16, 2019RESTATEMENTchanges · EDGAR ↗
Q4 2018$10.8B56Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.