C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q2 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 Jun 30, 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 Q2 2019, the filing reported:

New Buys - Booking Holdings Inc. Common St, BlackRock, Inc., Everest Group, Forward Air Corporation, Axis Capital, and 2 more

Increases - Cencora, Inc., CVS Health Corporation, Elevance Health, Inc., Alphabet Inc., Jones Lang LaSalle Incorporated, and 7 more

Reductions - ACI Worldwide, Inc., Amazon.com, Inc., Acuity Brands, Inc., Carlisle Companies Incorporated, frontdoor, inc., and 16 more

Complete Exits - None reported

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 2019	ACIW ACI Worldwide, Inc.	ACI Worldwide, Inc.	Sell	-165,720	-8.8%	$58.97K	1,717,219
Q2 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-36,824	-11.9%	$518.43K	273,778
Q2 2019	AYI Acuity Brands, Inc.	Acuity Brands, Inc.	Sell	-93,726	-18.5%	$56.76K	411,594
Q2 2019	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+132,542	-	$248.48K	132,542
Q2 2019	BLK BlackRock, Inc.	BlackRock, Inc.	Buy - Position Entry	+220,547	-	$103.50K	220,547
Q2 2019	COR Cencora, Inc.	Cencora, Inc.	Buy	+1,000,905	+40.7%	$294.86K	3,458,411
Q2 2019	CSL Carlisle Companies Incorporated	Carlisle Companies Incorporated	Sell	-91,487	-37.4%	$21.47K	152,884
Q2 2019	CVS CVS Health Corporation	CVS Health Corporation	Buy	+968,162	+12.2%	$486.41K	8,926,631
Q2 2019	EG Everest Group	Everest Group	Buy - Position Entry	+1,129,316	-	$279.14K	1,129,316
Q2 2019	ELV Elevance Health, Inc.	Elevance Health, Inc.	Buy	+1,173,981	+2134510.9%	$331.32K	1,174,036
Q2 2019	FTDR frontdoor, inc.	frontdoor, inc.	Sell	-724,346	-59.0%	$21.93K	503,570
Q2 2019	FWRD Forward Air Corporation	Forward Air Corporation	Buy - Position Entry	+460	-	$27.00	460
Q2 2019	G0692U109 Axis Capital	Axis Capital	Buy - Position Entry	+3,754,333	-	$223.95K	3,754,333
Q2 2019	G2717B108 Cushman Wakefield	Cushman Wakefield	Sell	-704,736	-8.4%	$137.07K	7,666,286
Q2 2019	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+43,165	+10.6%	$485.47K	449,132
Q2 2019	HLT Hilton Worldwide Holdings Inc.	Hilton Worldwide Holdings Inc.	Sell	-4,943,239	-53.7%	$417.39K	4,270,379
Q2 2019	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Buy	+65,265	+8.9%	$111.90K	795,372
Q2 2019	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-1,923,252	-6.9%	$660.71K	26,146,140
Q2 2019	M6158M104 Ituran	Ituran	Buy - Position Entry	+1,643,588	-	$49.46K	1,643,588
Q2 2019	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-1,683,390	-51.4%	$421.87K	1,594,791
Q2 2019	MAR Marriott International	Marriott International	Sell	-139,760	-8.9%	$201.01K	1,432,813
Q2 2019	MCK McKesson Corporation	McKesson Corporation	Sell	-220,853	-5.2%	$537.22K	3,997,448
Q2 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-820,296	-43.9%	$202.16K	1,047,475
Q2 2019	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-605,832	-18.7%	$353.62K	2,639,735
Q2 2019	MSM MSC Industrial Direct Company,	MSC Industrial Direct Company,	Sell	-6,222	-1.5%	$30.31K	408,213
Q2 2019	NVDA NVIDIA Corporation	NVIDIA Corporation	Buy	+1,567,283	+68.6%	$632.82K	3,853,253
Q2 2019	ORCL Oracle Corporation	Oracle Corporation	Sell	-655,017	-15.6%	$201.91K	3,544,220
Q2 2019	PH Parker-Hannifin Corporation	Parker-Hannifin Corporation	Sell	-914,361	-43.3%	$203.94K	1,199,592
Q2 2019	QRVO Qorvo, Inc.	Qorvo, Inc.	Buy	+172,176	+1.6%	$722.85K	10,851,938
Q2 2019	REZI Resideo Technologies, Inc.	Resideo Technologies, Inc.	Buy - Position Entry	+3,942,514	-	$86.42K	3,942,514

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