Jeffrey Ubben - ValueAct Holdings 13F Activity & Position Changes (Q1 2022)

According to the SEC 13F filed on May 16, 2022, the ValueAct Holdings portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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 Q1 2022, the filing reported:

New Buys - TopBuild Corp.

Increases - KKR & Co. Inc., Insight Enterprises, Inc.

Reductions - Bausch Health Companies Inc., SLM Corporation, Seagate Technology, Trinity Industries, Inc.

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
Q1 2022	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Sell	-1,185,860	-7.6%	$329.75K	14,430,901
Q1 2022	BLD TopBuild Corp.	TopBuild Corp.	Buy - Position Entry	+214,371	-	$38.88K	214,371
Q1 2022	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy	+550,000	+2.5%	$1.32M	22,605,349
Q1 2022	NSIT Insight Enterprises, Inc.	Insight Enterprises, Inc.	Buy	+218,308	+6.6%	$380.25K	3,543,143
Q1 2022	SLM SLM Corporation	SLM Corporation	Sell	-700,000	-4.8%	$255.22K	13,901,031
Q1 2022	STX Seagate Technology	Seagate Technology	Sell	-2,050,000	-13.2%	$1.21M	13,437,070
Q1 2022	TRN Trinity Industries, Inc.	Trinity Industries, Inc.	Sell	-3,780,000	-97.7%	$3.12K	90,847