C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q2 2016)

As of Jun 30, 2016, the Vulcan Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 11, 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 2016, the filing reported:

New Buys - Cencora, Inc., Jones Lang LaSalle Incorporated, Marriott International, Sabre Corporation, Sally Beauty Holdings, Inc. (Na, and 1 more

Increases - ACI Worldwide, Inc., Franklin Resources, Inc., The Bank of New York Mellon Cor, Check Point, Donaldson Company, Inc., and 9 more

Reductions - Boeing Company (The), Cisco Systems, Inc., Curtiss-Wright Corporation, Dover Corporation, EnerSys, and 15 more

Complete Exits - Apple Inc., Lincoln Electric Holdings, Inc., Markel Group Inc., Microsoft Corporation

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 2016	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-731,557	-100.0%	$0.00	-
Q2 2016	ACIW ACI Worldwide, Inc.	ACI Worldwide, Inc.	Buy	+180,144	+2.1%	$170.90K	8,759,695
Q2 2016	BA Boeing Company (The)	Boeing Company (The)	Sell	-957,539	-24.6%	$380.26K	2,927,983
Q2 2016	BEN Franklin Resources, Inc.	Franklin Resources, Inc.	Buy	+112,491	+0.8%	$478.21K	14,330,506
Q2 2016	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Buy	+120,382	+1.3%	$358.98K	9,240,221
Q2 2016	CHKP Check Point	Check Point	Buy	+1,165,059	+111.9%	$175.80K	2,206,298
Q2 2016	COR Cencora, Inc.	Cencora, Inc.	Buy - Position Entry	+347,926	-	$27.60K	347,926
Q2 2016	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell	-4,859,451	-32.0%	$296.70K	10,341,615
Q2 2016	CW Curtiss-Wright Corporation	Curtiss-Wright Corporation	Sell	-771	-0.3%	$22.29K	264,559
Q2 2016	DCI Donaldson Company, Inc.	Donaldson Company, Inc.	Buy	+11	+0.0%	$21.84K	635,618
Q2 2016	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+408,062	+23.6%	$208.78K	2,134,355
Q2 2016	DOV Dover Corporation	Dover Corporation	Sell	-3,270,728	-71.6%	$90.00K	1,298,407
Q2 2016	EG Everest Group	Everest Group	Buy	+61,767	+3.3%	$357.98K	1,959,721
Q2 2016	ELV Elevance Health, Inc.	Elevance Health, Inc.	Buy	+3,691	+0.1%	$340.21K	2,590,276
Q2 2016	ENS EnerSys	EnerSys	Sell	-726,807	-44.2%	$54.53K	916,861
Q2 2016	FOSL Fossil Group, Inc.	Fossil Group, Inc.	Buy	+459,907	+4.1%	$331.28K	11,611,725
Q2 2016	FWRD Forward Air Corporation	Forward Air Corporation	Sell	-11,513	-1.1%	$46.42K	1,042,566
Q2 2016	G0692U109 Axis Capital	Axis Capital	Buy	+329,086	+4.1%	$464.72K	8,449,472
Q2 2016	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Buy - Position Entry	+554,339	-	$54.02K	554,339
Q2 2016	LECO Lincoln Electric Holdings, Inc.	Lincoln Electric Holdings, Inc.	Sell - Position Exit	-322,916	-100.0%	$0.00	-
Q2 2016	LNN Lindsay Corporation	Lindsay Corporation	Sell	-7,932	-0.8%	$69.09K	1,018,141
Q2 2016	M6158M104 Ituran	Ituran	Buy	+581,902	+19.4%	$81.15K	3,576,270
Q2 2016	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-5,603	-0.1%	$355.21K	4,033,732
Q2 2016	MAR Marriott International	Marriott International	Buy - Position Entry	+2,086,158	-	$138.65K	2,086,158
Q2 2016	MKL Markel Group Inc.	Markel Group Inc.	Sell - Position Exit	-138	-100.0%	$0.00	-
Q2 2016	MLKN MillerKnoll, Inc.	MillerKnoll, Inc.	Buy	+168,534	+26.1%	$24.36K	814,958
Q2 2016	MSFT Microsoft Corporation	Microsoft Corporation	Sell - Position Exit	-1,300	-100.0%	$0.00	-
Q2 2016	MSM MSC Industrial Direct Company,	MSC Industrial Direct Company,	Sell	-946	-0.2%	$27.27K	386,439
Q2 2016	NUS Nu Skin Enterprises, Inc.	Nu Skin Enterprises, Inc.	Sell	-1,730,653	-66.1%	$41.08K	889,275
Q2 2016	ORCL Oracle Corporation	Oracle Corporation	Sell	-414,961	-1.8%	$950.24K	23,216,208

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