C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q2 2017)

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, 2017. 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 2017, the filing reported:

New Buys - Credit Acceptance Corporation, WESCO International, Inc.

Increases - Boeing Company (The), Cardinal Health, Inc., Choice Hotels International, In, CVS Health Corporation, Axis Capital, and 4 more

Reductions - ACI Worldwide, Inc., The Bank of New York Mellon Cor, CBRE Group Inc, Cencora, Inc., Everest Group, and 21 more

Complete Exits - Cisco Systems, Inc., Walt Disney Company (The), EnerSys, Fossil Group, Inc., Park Hotels & Resorts Inc., 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
Q2 2017	ACIW ACI Worldwide, Inc.	ACI Worldwide, Inc.	Sell	-1,401,029	-15.8%	$167.11K	7,470,187
Q2 2017	BA Boeing Company (The)	Boeing Company (The)	Buy	+206,938	+12.6%	$366.53K	1,853,511
Q2 2017	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-38,165	-0.6%	$304.24K	5,963,174
Q2 2017	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy - Position Entry	+199,316	-	$51.25K	199,316
Q2 2017	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Buy	+66,247	+1.5%	$339.53K	4,357,447
Q2 2017	CBRE CBRE Group Inc	CBRE Group Inc	Sell	-161,637	-2.0%	$288.41K	7,923,263
Q2 2017	CHH Choice Hotels International, In	Choice Hotels International, In	Buy	+15,364	+2.6%	$39.22K	610,369
Q2 2017	COR Cencora, Inc.	Cencora, Inc.	Sell	-63,425	-1.2%	$497.78K	5,265,850
Q2 2017	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell - Position Exit	-3,029,164	-100.0%	$0.00	-
Q2 2017	CVS CVS Health Corporation	CVS Health Corporation	Buy	+102,834	+1.4%	$618.69K	7,689,383
Q2 2017	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell - Position Exit	-1,570,614	-100.0%	$0.00	-
Q2 2017	EG Everest Group	Everest Group	Sell	-62,074	-4.0%	$381.37K	1,497,957
Q2 2017	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-41,134	-2.4%	$317.87K	1,689,616
Q2 2017	ENS EnerSys	EnerSys	Sell - Position Exit	-588,403	-100.0%	$0.00	-
Q2 2017	FOSL Fossil Group, Inc.	Fossil Group, Inc.	Sell - Position Exit	-11,387,845	-100.0%	$0.00	-
Q2 2017	FWRD Forward Air Corporation	Forward Air Corporation	Sell	-8,705	-0.8%	$56.50K	1,060,409
Q2 2017	G0692U109 Axis Capital	Axis Capital	Buy	+142,734	+2.2%	$427.91K	6,618,307
Q2 2017	HLT Hilton Worldwide Holdings Inc.	Hilton Worldwide Holdings Inc.	Sell	-113,847	-2.6%	$261.45K	4,227,228
Q2 2017	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Buy	+136,552	+10.0%	$186.97K	1,495,773
Q2 2017	LNN Lindsay Corporation	Lindsay Corporation	Sell	-274	-0.0%	$50.51K	565,944
Q2 2017	M6158M104 Ituran	Ituran	Sell	-8,629	-0.3%	$106.86K	3,413,962
Q2 2017	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+203,261	+5.3%	$494.17K	4,068,894
Q2 2017	MCK McKesson Corporation	McKesson Corporation	Sell	-133,669	-3.9%	$537.59K	3,267,211
Q2 2017	MCO Moody's Corporation	Moody's Corporation	Sell	-22,005	-1.3%	$198.52K	1,631,472
Q2 2017	MLKN MillerKnoll, Inc.	MillerKnoll, Inc.	Sell	-68	-0.0%	$31.02K	1,020,469
Q2 2017	NTRS Northern Trust Corporation	Northern Trust Corporation	Sell	-18,113	-1.0%	$169.64K	1,745,111
Q2 2017	ORCL Oracle Corporation	Oracle Corporation	Sell	-682,082	-3.0%	$1.10M	22,026,871
Q2 2017	OUT OUTFRONT Media Inc.	OUTFRONT Media Inc.	Sell	-70,122	-10.4%	$14.03K	606,989
Q2 2017	PH Parker-Hannifin Corporation	Parker-Hannifin Corporation	Sell	-28,872	-2.6%	$173.98K	1,088,587
Q2 2017	PK Park Hotels & Resorts Inc.	Park Hotels & Resorts Inc.	Sell - Position Exit	-194,437	-100.0%	$0.00	-

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