C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q2 2026)

According to the SEC 13F filed on Aug 10, 2026, the Vulcan Value Partners portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2026, the filing reported:

New Buys - Badger Meter, Inc., Equifax, Inc., iShares Russell 1000 Value ETF, Veeva Systems Inc.

Increases - Ares Management Corporation, IQVIA Holdings, Inc., Mastercard Incorporated, ServiceNow, Inc., Ryan Specialty Holdings, Inc., and 1 more

Reductions - StandardAero, ABM Industries Incorporated, Amazon.com, Inc., Colliers International Group In, Salesforce, Inc., and 21 more

Complete Exits - Park Hotels & Resorts Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2026	85423L103 StandardAero	StandardAero	Sell	-266,696	-37.2%	$13.48M	450,287
Q2 2026	ABM ABM Industries Incorporated	ABM Industries Incorporated	Sell	-181,737	-28.8%	$19.84M	448,559
Q2 2026	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-603,110	-37.8%	$236.61M	992,758
Q2 2026	ARES Ares Management Corporation	Ares Management Corporation	Buy	+211,404	+12.5%	$211.78M	1,902,580
Q2 2026	BMI Badger Meter, Inc.	Badger Meter, Inc.	Buy - Position Entry	+68,684	-	$10.19M	68,684
Q2 2026	CIGI Colliers International Group In	Colliers International Group In	Sell	-43,411	-17.0%	$19.87M	211,910
Q2 2026	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-32,790	-16.7%	$25.69M	164,013
Q2 2026	EFX Equifax, Inc.	Equifax, Inc.	Buy - Position Entry	+90,748	-	$14.40M	90,748
Q2 2026	EG Everest Group	Everest Group	Sell	-324,959	-23.9%	$370.41M	1,036,906
Q2 2026	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-140,898	-47.5%	$60.28M	155,873
Q2 2026	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Sell	-128,765	-37.5%	$11.79M	214,798
Q2 2026	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-200,694	-18.3%	$43.85M	893,965
Q2 2026	G Genpact	Genpact	Sell	-188,726	-26.6%	$14.34M	521,587
Q2 2026	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-137,084	-20.3%	$190.61M	539,472
Q2 2026	HEI-A Heico Corporation	Heico Corporation	Sell	-24,738	-13.9%	$39.65M	153,718
Q2 2026	IQV IQVIA Holdings, Inc.	IQVIA Holdings, Inc.	Buy	+11,755	+4.7%	$50.21M	259,856
Q2 2026	IWD iShares Russell 1000 Value ETF	iShares Russell 1000 Value ETF	Buy - Position Entry	+7,011	-	$1.75M	7,011
Q2 2026	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Sell	-13,291	-12.1%	$29.84M	96,258
Q2 2026	KMX CarMax Inc	CarMax Inc	Sell	-1,292,238	-58.6%	$48.27M	912,638
Q2 2026	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Sell	-60,659	-77.7%	$7.94M	17,448
Q2 2026	M6158M104 Ituran	Ituran	Sell	-369,812	-74.9%	$7.57M	124,028
Q2 2026	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+119,782	+31.3%	$258.32M	502,961
Q2 2026	MEDP Medpace Holdings, Inc.	Medpace Holdings, Inc.	Sell	-61,325	-30.2%	$75.07M	141,743
Q2 2026	MLKN MillerKnoll, Inc.	MillerKnoll, Inc.	Sell	-486,458	-36.7%	$17.15M	838,151
Q2 2026	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-122,086	-11.0%	$368.14M	986,905
Q2 2026	NICE NICE Ltd	NICE Ltd	Sell	-93,890	-16.4%	$43.46M	478,421
Q2 2026	NOW ServiceNow, Inc.	ServiceNow, Inc.	Buy	+40,994	+7.7%	$57.07M	574,811
Q2 2026	PK Park Hotels & Resorts Inc.	Park Hotels & Resorts Inc.	Sell - Position Exit	-1,195,835	-100.0%	$0.00	-
Q2 2026	PRG PROG Holdings, Inc.	PROG Holdings, Inc.	Sell	-285,248	-50.4%	$13.10M	281,066
Q2 2026	QRVO Qorvo, Inc.	Qorvo, Inc.	Sell	-87,498	-32.5%	$16.91M	181,315

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