C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Vulcan Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2023. 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 2023, the filing reported:

New Buys - Acuity Brands, Inc., Core & Main, Inc., Curtiss-Wright Corporation, Sealed Air Corporation, United Parcel Service, Inc.

Increases - ABM Industries Incorporated, Abbott Laboratories, Amazon.com, Inc., Ares Management Corporation, CoStar Group, Inc., and 12 more

Reductions - Applied Materials, Inc., Ball Corporation, CBRE Group Inc, The Carlyle Group Inc., Colliers International Group In, and 16 more

Complete Exits - iShares Russell 2000 ETF, Sleep Number Corporation, SPDR S&P 500

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 2023	ABM ABM Industries Incorporated	ABM Industries Incorporated	Buy	+141,276	+11.8%	$60.13K	1,337,959
Q1 2023	ABT Abbott Laboratories	Abbott Laboratories	Buy	+8,444	+0.9%	$91.79K	906,307
Q1 2023	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-333,627	-15.3%	$227.12K	1,849,486
Q1 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+130,833	+2.6%	$536.80K	5,198,557
Q1 2023	ARES Ares Management Corporation	Ares Management Corporation	Buy	+527,361	+23.4%	$231.64K	2,778,272
Q1 2023	AYI Acuity Brands, Inc.	Acuity Brands, Inc.	Buy - Position Entry	+68,365	-	$12.49K	68,365
Q1 2023	BALL Ball Corporation	Ball Corporation	Sell	-268,943	-11.2%	$117.66K	2,135,098
Q1 2023	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-294,362	-9.4%	$206.76K	2,839,774
Q1 2023	CG The Carlyle Group Inc.	The Carlyle Group Inc.	Sell	-1,083,709	-8.6%	$358.56K	11,553,844
Q1 2023	CIGI Colliers International Group In	Colliers International Group In	Sell	-21,277	-3.7%	$59.03K	559,265
Q1 2023	CNM Core & Main, Inc.	Core & Main, Inc.	Buy - Position Entry	+979,179	-	$22.62K	979,179
Q1 2023	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-317,275	-11.5%	$486.01K	2,433,975
Q1 2023	CRNC Cerence Inc.	Cerence Inc.	Sell	-339,391	-41.0%	$13.73K	488,634
Q1 2023	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Buy	+401,547	+14.9%	$213.07K	3,094,970
Q1 2023	CW Curtiss-Wright Corporation	Curtiss-Wright Corporation	Buy - Position Entry	+29,370	-	$5.18K	29,370
Q1 2023	ELV Elevance Health, Inc.	Elevance Health, Inc.	Buy	+92,403	+29.5%	$187.13K	406,001
Q1 2023	ENS EnerSys	EnerSys	Sell	-14,475	-3.0%	$41.03K	472,309
Q1 2023	FWRD Forward Air Corporation	Forward Air Corporation	Buy	+65,358	+28.8%	$31.51K	292,427
Q1 2023	G2717B108 Cushman Wakefield	Cushman Wakefield	Sell	-208,803	-2.8%	$77.70K	7,372,334
Q1 2023	GE GE Aerospace	GE Aerospace	Sell	-2,978,222	-53.0%	$252.73K	2,642,436
Q1 2023	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+268,820	+6.8%	$438.76K	4,217,585
Q1 2023	HEI-A Heico Corporation	Heico Corporation	Sell	-153,852	-11.0%	$169.38K	1,246,114
Q1 2023	IWM iShares Russell 2000 ETF	iShares Russell 2000 ETF	Sell - Position Exit	-29,752	-100.0%	$0.00	-
Q1 2023	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Buy	+53,801	+4.0%	$204.77K	1,407,528
Q1 2023	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-528,370	-5.9%	$441.79K	8,414,914
Q1 2023	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Sell	-32,518	-8.1%	$98.61K	367,827
Q1 2023	LRCX Lam Research Corporation	Lam Research Corporation	Sell	-42,082	-12.7%	$153.57K	290,012
Q1 2023	M6158M104 Ituran	Ituran	Sell	-32,149	-1.3%	$52.22K	2,397,492
Q1 2023	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-310,519	-22.1%	$396.80K	1,091,549
Q1 2023	MEDP Medpace Holdings, Inc.	Medpace Holdings, Inc.	Buy	+67,229	+43.8%	$41.48K	220,571

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