C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q1 2019)

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 Mar 31, 2019. 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 Q1 2019, the filing reported:

New Buys - Marriott International, NVIDIA Corporation

Increases - Amazon.com, Inc., CVS Health Corporation, Cushman Wakefield, Sabre Corporation, S&P Global Inc., and 1 more

Reductions - ACI Worldwide, Inc., Acuity Brands, Inc., The Bank of New York Mellon Cor, Cardinal Health, Inc., CBRE Group Inc, and 28 more

Complete Exits - Broadcom Inc., BlackRock, Inc., Everest Group, Axis Capital, iShares Russell 1000 Value ETF, and 1 more

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
Q1 2019	ACIW ACI Worldwide, Inc.	ACI Worldwide, Inc.	Sell	-1,165,536	-38.2%	$61.89K	1,882,939
Q1 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+56,574	+22.3%	$553.11K	310,602
Q1 2019	AVGO Broadcom Inc.	Broadcom Inc.	Sell - Position Exit	-189	-100.0%	$0.00	-
Q1 2019	AYI Acuity Brands, Inc.	Acuity Brands, Inc.	Sell	-49,398	-8.9%	$60.64K	505,320
Q1 2019	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-12,341	-95.9%	$27.00	532
Q1 2019	BLK BlackRock, Inc.	BlackRock, Inc.	Sell - Position Exit	-102	-100.0%	$0.00	-
Q1 2019	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Sell	-7	-1.5%	$22.00	465
Q1 2019	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-8	-4.8%	$8.00	157
Q1 2019	COR Cencora, Inc.	Cencora, Inc.	Sell	-1,557,539	-38.8%	$195.42K	2,457,506
Q1 2019	CSL Carlisle Companies Incorporated	Carlisle Companies Incorporated	Sell	-98,058	-28.6%	$29.96K	244,371
Q1 2019	CVS CVS Health Corporation	CVS Health Corporation	Buy	+2,881,953	+56.8%	$429.20K	7,958,469
Q1 2019	EG Everest Group	Everest Group	Sell - Position Exit	-1,439,377	-100.0%	$0.00	-
Q1 2019	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-2	-3.5%	$16.00	55
Q1 2019	FTDR frontdoor, inc.	frontdoor, inc.	Sell	-213,573	-14.8%	$42.27K	1,227,916
Q1 2019	G0692U109 Axis Capital	Axis Capital	Sell - Position Exit	-6,302,253	-100.0%	$0.00	-
Q1 2019	G2717B108 Cushman Wakefield	Cushman Wakefield	Buy	+566,696	+7.3%	$149.00K	8,371,022
Q1 2019	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-47,053	-10.4%	$476.32K	405,967
Q1 2019	HLT Hilton Worldwide Holdings Inc.	Hilton Worldwide Holdings Inc.	Sell	-896,881	-8.9%	$765.74K	9,213,618
Q1 2019	IWD iShares Russell 1000 Value ETF	iShares Russell 1000 Value ETF	Sell - Position Exit	-30,490	-100.0%	$0.00	-
Q1 2019	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Sell	-194,040	-21.0%	$112.57K	730,107
Q1 2019	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-1,296,315	-4.4%	$659.35K	28,069,392
Q1 2019	LSTR Landstar System, Inc.	Landstar System, Inc.	Sell	-454	-60.4%	$33.00	298
Q1 2019	M6158M104 Ituran	Ituran	Sell - Position Exit	-2,012,135	-100.0%	$0.00	-
Q1 2019	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-393,792	-10.7%	$771.85K	3,278,181
Q1 2019	MAR Marriott International	Marriott International	Buy - Position Entry	+1,572,573	-	$196.71K	1,572,573
Q1 2019	MCK McKesson Corporation	McKesson Corporation	Sell	-273,090	-6.1%	$493.79K	4,218,301
Q1 2019	MCO Moody's Corporation	Moody's Corporation	Sell	-2	-3.0%	$12.00	64
Q1 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-344,009	-15.6%	$311.34K	1,867,771
Q1 2019	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-99,175	-3.0%	$382.78K	3,245,567
Q1 2019	MSM MSC Industrial Direct Company,	MSC Industrial Direct Company,	Sell	-47,224	-10.2%	$34.28K	414,435

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