C.T. Fitzpatrick - Vulcan Value Partners 13F Activity & Position Changes (Q2 2022)

As of Jun 30, 2022, the Vulcan Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 15, 2022. 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 2022, the filing reported:

New Buys - CBRE Group Inc, GE Aerospace, iShares Russell 1000 Value ETF, Jones Lang LaSalle Incorporated, Sleep Number Corporation

Increases - ABM Industries Incorporated, Amazon.com, Inc., EnerSys, PROG Holdings, Inc., SmartRent, Inc., and 1 more

Reductions - Applied Materials, Inc., Applovin Corporation, The Carlyle Group Inc., Colliers International Group In, Salesforce, Inc., and 22 more

Complete Exits - Wayfair Inc.

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 2022	ABM ABM Industries Incorporated	ABM Industries Incorporated	Buy	+65,617	+5.0%	$60.23K	1,387,047
Q2 2022	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-674,631	-14.2%	$371.23K	4,080,380
Q2 2022	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+6,163,068	+1706.4%	$692.94K	6,524,247
Q2 2022	APP Applovin Corporation	Applovin Corporation	Sell	-2,899,921	-27.6%	$261.36K	7,588,801
Q2 2022	CBRE CBRE Group Inc	CBRE Group Inc	Buy - Position Entry	+2,612,123	-	$192.28K	2,612,123
Q2 2022	CG The Carlyle Group Inc.	The Carlyle Group Inc.	Sell	-1,302,210	-8.1%	$469.17K	14,819,027
Q2 2022	CIGI Colliers International Group In	Colliers International Group In	Sell	-6,382	-1.5%	$45.35K	413,357
Q2 2022	CRM Salesforce, Inc.	Salesforce, Inc.	Sell	-503,058	-13.2%	$546.67K	3,312,336
Q2 2022	CRNC Cerence Inc.	Cerence Inc.	Sell	-716,190	-27.2%	$48.38K	1,917,366
Q2 2022	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Sell	-1,906,616	-27.5%	$303.25K	5,019,843
Q2 2022	ENS EnerSys	EnerSys	Buy	+8,019	+0.8%	$63.47K	1,076,460
Q2 2022	G2717B108 Cushman Wakefield	Cushman Wakefield	Sell	-419,272	-3.9%	$159.50K	10,465,542
Q2 2022	GE GE Aerospace	GE Aerospace	Buy - Position Entry	+7,357,452	-	$468.45K	7,357,452
Q2 2022	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-34,358	-13.7%	$471.49K	215,544
Q2 2022	HEI-A Heico Corporation	Heico Corporation	Sell	-900,448	-23.2%	$314.12K	2,980,825
Q2 2022	IWD iShares Russell 1000 Value ETF	iShares Russell 1000 Value ETF	Buy - Position Entry	+13,164	-	$1.91K	13,164
Q2 2022	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Buy - Position Entry	+1,052,644	-	$184.06K	1,052,644
Q2 2022	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell	-1,470,909	-11.1%	$546.90K	11,814,588
Q2 2022	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Sell	-7,244	-2.0%	$90.19K	355,011
Q2 2022	LRCX Lam Research Corporation	Lam Research Corporation	Sell	-179,054	-20.9%	$289.01K	678,185
Q2 2022	M6158M104 Ituran	Ituran	Sell	-44,501	-1.4%	$78.41K	3,201,896
Q2 2022	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-758,870	-23.5%	$778.18K	2,466,649
Q2 2022	MEDP Medpace Holdings, Inc.	Medpace Holdings, Inc.	Sell	-145,835	-26.0%	$62.23K	415,808
Q2 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-429,192	-19.1%	$293.18K	1,818,182
Q2 2022	MLKN MillerKnoll, Inc.	MillerKnoll, Inc.	Sell	-207,951	-13.2%	$35.81K	1,363,346
Q2 2022	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-305,854	-13.9%	$486.86K	1,895,654
Q2 2022	NVDA NVIDIA Corporation	NVIDIA Corporation	Sell	-1,181,754	-56.4%	$138.32K	912,476
Q2 2022	PK Park Hotels & Resorts Inc.	Park Hotels & Resorts Inc.	Sell	-928,338	-19.6%	$51.54K	3,798,411
Q2 2022	PRCH Porch Group, Inc.	Porch Group, Inc.	Sell	-2,843,888	-22.1%	$25.67K	10,027,757
Q2 2022	PRG PROG Holdings, Inc.	PROG Holdings, Inc.	Buy	+52,448	+1.9%	$46.57K	2,822,252

Page 1 of 2